The Business Times, 30 December 1993

Total Pages: 44
1 44 The Business Times
  • 13 1 BUSINESS TIMES WE KNOW ASIA M ITA(P) 010/12/93 Thursday December 30 1993 75*
    13 words
  • 2am LATEST
    • 44 1 Reuter NEW YORK Wall Street stocks turned mixed in early afternoon trading yesterday on a quiet market. Weak oil stocks continued to be the main drag on the Dow. which was down 1.96 points at 3.791.81 at Ipm EST.
      Reuter  -  44 words
    • 93 1 Reuter ROME The Italian Cabinet is studying a plan to cut state industrial holding IRl's huge debt with a 10 trillion lire (559.5 billion) bond issue, government sources said yesterday. The sources said the issue will be made by the Treasury's financing arm
      Reuter  -  93 words
  • Article, Illustration
    115 1 Stock market indices Wednesday Chang* SI II 2.426.85 +34.48 KLSE C omposite ...1.231.86 *$i Nikkei !T. 17.272.03 +140.82 Hang Seng *****.77 -1204> SET Index 1.668.63 t!i tf Jakarta C omposite ...587.88 15.31 CLSA China B 1.405.31 28.% Ausl All Old +37.7 FISE 100 ...3.462.0 49.7 ednesdav Pre»ious Ipm
    115 words
  • 51 1 The leaders of Asia's biggest business groups are enormously energetic and have remarkable business judgment. But their organisations are creaking at the seams, warns international management consultancy McKinsey in a report. "They're facing limits to their growth." an author of the report tells
    51 words
  • 321 1  -  By R Sivanithy SINGAPORE Regional stock markets yesterday continued their upward march, with records tumbling in Singapore, Malaysia, Thailand and the Philippines. In frenzied trading here which saw a new volume record being set, the Straits Times Industrials Index added 34.48 points to
    321 words
  • 612 1  -  By Chuang Peck Ming SINGAPORE Businessmen and analysts are upbeat about the new year's prospects and expect the finance and manufacturing sectors to continue to be the main engines of growth. But most of the 14 businessmen and analysts Business Times spoke
    Source: Ministry of Trade & Industry  -  612 words
  • 680 1  -  By Anna Teo SINGAPORE Analysts' 1993 and 1994 growth projections for China, Singapore, Malaysia and Indonesia have gone up by between 0.4 and two points over the past six months, BT's poll of forecasters shows. The BT growth averages for the East
    680 words
  • 65 1 Reuter WASHINGTON The government's main economic forecasting gauge posted a fourth straight gain in November as industrial activity showed steady gains, the Commerce Department reported yesterday. The Index of Leading Indicators rose by 0.5 per cent after an identical increase in October. The
    Reuter  -  65 words
  • 541 1  -  By Teh Hooi Ling SINGAPORE Homegrown Aztech Systems, which in just over a year carved out 16 per cent of the world's US$3OO million (*****.7 million) a year sound card market, has obtained in-principle approval from the Stock Exchange of Singapore for a listing
    541 words
  • 328 1 Bloomberg Business News Reuter BEIJING China yesterday took a bold step towards making its currency convertible by announcing that it will unify its exchange rates and let the yuan float from Jan 1. The move will devalue the
    Bloomberg Business News; Reuter  -  328 words
  • Page 1 Advertisements
    • 165 1 j=S^====XßK== CO 2233: RemovaOle CD Tuner with OSP Sound Processor/CO Changer Controller FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; 235 1333 Kuala Lumpur: Phone; 757 0233 Penang: Phone; 615 985/619 014 Jakarta: Phone. *****9/*****8 CONTENTS News Companies S'pore News 2 S pore-W sta 13,14 Regional News 3.4 Financial
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    • 13 1 Innovation Technology: Pg 9 Thomson to sell digital TV system See Page 11
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    • 24 1 Hock Lock Siew: pk 13 Brokers bungle their sums again Full reports. Pages 20-24 Manufacturing set for best growth in six years. Page 5
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 303 2  -  By 1 Teh Hooi Ling BANK lending in Singapore continues to soar, the latest figures from the Monetary Authority of Singapore show. Total bank loans in October jumped 17 per cent higher year-on-year to $80.2 billion the biggest increase in the past two years.
        Source: MAS  -  303 words
    • 456 2  -  Marine By Rahita Elias SINGAPORE'S marine industry suffered a 9 per cent drop in output to $2.7 billion for the second year running due to the soft shipping market. The Economic Development Board said yesterday freight rates may improve after mid-1994. A firmer
      Source: EDS  -  456 words
    • 388 2  -  By Teh Hooi Ling DBS SECURITIES has been hit by a wave of resignations among dealers. Sources say about a quarter of the company's 40 retail dealers have quit this month. Those who have gone are said to have been unhappy
      388 words
    • 121 2 TELECOM says its Telepoll telephone-voting service has drawn an encouraging response since the launch in October. The service allows people to register votes or take part in lucky draws by dialling designated numbers. So far. Mandarin and English language television shows have made use
      121 words
    • 323 2  -  By Joseph Rajendran IBM SINGAPORE, in line with its worldwide cutbacks, is trimming its Singapore workforce for the first time. While IBM Singapore declined to give any numbers, industry sources as well as some staff estimate that the company may shed
      323 words
    • 242 2 THE AVERAGE cost of building a school more or less doubled over the past 10 years, revealed the director of Development and Management Services for the Public Works Department, Chua Hua Meng. In a press briefing yesterday, Mr Chua said that
      242 words
  • Page 2 Advertisements
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      443 words
    • 327 2 BUSINESS TIMES TOLL-FREE TEL. No. 1 -000-741-1883 FAX:7AI-1298 4*l V Ui=/ TAT LEE FINANCE LIMITED R«XJW.C at Sogapo'ei ANNOUNCEMENT OFFER FOR SALE BY NDC MERCHANT BANK LTD OF 5540,000,000 PRINCIPAL AMOUNT OF 3.625 PER CENT. UNSECURED BONDS DUE 1999 AND 18,000,000 WARRANTS (THE "WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY SHARES
      327 words

  • THE REGION
    • 505 3  -  From Alan Boyd in BANGKOK LABOUR UNIONS yesterday signalled a tougher stance in annual pay negotiations with the Thai authorities, vowing to push for a higher minimum wage despite warnings that it could jeopardise economic growth. The five leading trade union
      505 words
    • 61 3 AFP COMPOSTELA, Philippines Traffic was at a standstill yesterday as flood waters spawned by Typhoon Nell submerge villages in Compostela town in the southern Davao del Norte province. The typhoon left 40 dead and 19 persons missing over the C hristmas weekend. There
      AFP  -  61 words
    • 480 3  -  By Juliette Walker SINGAPORE The Asian Frequent Flyer organisation is reviewing five proposals by long-distance telecommunications companies to become partners in its regional custom-er-loyalty programme called Passages. Basically, the proposals mirror arrangements in the US, where telecom carriers offer frequent
      480 words
    • 166 3 Reuter BANGKOK The Thai government has withdrawn a major objection to the plans of Hopewell Holdings for work on a US$3.2 billion (Sss billion) elevated rail and road project for Bangkok. Transport and Communications Minister Winai Sompong told reporters an agreement was reached at
      Reuter  -  166 words
    • 196 3 AFP JAKARTA Indonesian authorities have closed the pulp industry to new investment following a shortage in raw material supplies for existing plants, reports said yesterday. The Bisnis Indonesia daily quoted Forestry Minister Jamaludin Suryohadikusumo as having said that there was no longer enough
      AFP  -  196 words
    • 310 3 Bernama KUALA LUMPUR Kuala Lumpur City Hall yesterday warned hillside property developers not to abandon maintenance work at their project sites despite a cabinet directive last week ordering them to suspend all construction work. Dr Mazlan Ahmad said that so far
      Bernama  -  310 words
    • ASIA NOTES
      • 91 4 AFP HANOI Vietnam's National Assembly has adopted laws creating economic tribunals which will come under the jurisdiction of the peoples' courts. The Vietnam News Agency said yesterday the tribunals were approved on Tuesday by a large majority. Dealing with economic and financial disputes, the
        AFP  -  91 words
      • 59 4 Reuter MANILA A Filipino boy blowing a horn made of carton to attract customers in preparation for the coming New Year celebrations in a busy street of Manila yesterday. The government is urging the people to use carton horns to welcome the new year
        Reuter  -  59 words
      • 94 4 Bloomberg Business News HONGKONG Hongkong's trade deficit narrowed to HKS974 million (*****.6 million) in November from HKSI.4B billion in November 1992, according to provisional figures released yesterday by the government's Census and Statistics Department. The gap last month was equivalent to 1.1 per cent of
        Bloomberg Business News  -  94 words
      • 86 4 AP BANGKOK The government has advised farmers to grow vegetables instead of rice during the country's worst water shortage in 30 years, the state-run Radio Thailand reported yesterday. A government agricultural agency said farmers in central provinces should grow corn, green peas, peanuts, soybeans, sunflowers
        AP  -  86 words
      • 78 4 Bernama-Xinhua BEIJING General Liu Huaqing, vice-chairman of China's central military commission, will pay an official goodwill visit to Thailand and Indonesia in January, a Chinese foreign ministry spokesman announced here yesterday. General Liu will visit the two countries from Jan 6 to 19 at the
        Bernama-Xinhua  -  78 words
    • 502 4 Reuter BEIJING China yesterday defended a draft Bill which sparked an international furore when it was first announced by the official Xinhua news agency as a eugenics law designed to stop "inferior" births. Describing the legislation as a "draft natal and health-care law", a spokesman
      Reuter  -  502 words
    • 505 4 AFP WASHINGTON The United States said on Tuesday it will maintain economic sanctions against China and Pakistan for transfers of sensitive missile technology despite calls from both countries for them to be lifted. Washington's conditions for lifting the sanctions remain
      AFP  -  505 words
    • 303 4 Reuter TAIPEI Taiwan's passage of a law strengthening protection of foreign patents will ease trade tensions with the United States and reduce the threat of US sanctions, a senior Taiwanese trade official said. "The legislation will help greatly to
      Reuter  -  303 words
    • 182 4 Reuter BEIJING China's capital, trying desperately to break the "iron rice bowl" of socialist economics, has given stateowned companies the right to fire workers, but sacking someone is still difficult, the China Daily said yesterday. Under new regulations, state enterprises in Beijing can fire
      Reuter  -  182 words
    • 362 4 AP SEOUL President Kim Young Sam yesterday denounced corruption within the military and ordered a thorough clean-up of all remaining irregularities. Mr Kim's order came a day after newly appointed Defence Minister Rhee Bvoung Tae announced a two-month probe of several major
      AP  -  362 words
    • 40 4 Reuter HONGKONG An aerial view of Tian Tan Buddha on a mountaintop at Po Lin Monastery during the inaugural ceremony yesterday. The world's biggest free-standing outdoor Buddha costs about HK$6B million (Ssl4 million) to build. Reuter
      Reuter  -  40 words
    • 262 4 AFP BEIJING China is pushing ahead with its nuclear power programme, in a bid to provide the energy necessary to maintain the country's economic development, a report said yesterday. By 2000. China's nuclear power plants will have a capacity of six million kilowatts, while
      AFP  -  262 words
  • Page 3 Advertisements
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  • Page 4 Advertisements
    • 82 4 THE STRAITS TIMES IMAGES '93 WORD PUZZLE CONTEST Now's the time your pay aividends Our puzzle will take you down memory lane for the answers. And if you have a good head for major events that took f>Jace in Singapore and around the world in 1993, that would certainly help.
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  • THE WORLD
    • 516 5 Reuter AP WASHINGTON The United States next year will see its fastest manufaeturing growth since 1988, spurred on by a strong motoring industry, home building and business spending, the Commerce Department predicted on Tuesday. A predicted 6 per cent growth in car
      Reuter; AP  -  516 words
    • 562 5 Reuter LOS ANGELES In another move aimed at strengthening President Clinton's embattled foreign policy team, Russia expert Strobe Talbott was named on Tuesday as the No 2 man at the State Department. US Secretary of State Warren Christopher, choosing as
      Reuter  -  562 words
    • 362 5 NYT RIO DE JANEIRO The North American Free Trade Agreement takes effect on Jan 1, and that event is being seen in many Latin American countries as a first step towards the day when the pact expands south from Mexico, creating a free-trade hemisphere.
      NYT  -  362 words
    • 294 5 Reuter LONDON Britain's once mighty "King Coal" is up for sale next year. But with its market eroded by cheap coal imports, natural gas and nuclear power, the sale of state-owned British Coal will be a far cry from what the Conservative
      Reuter  -  294 words
    • 290 5 Reuter ABU DHABI The United States and the United Arab Emirates signed on Tuesday a two-year quota agreement for US imports of UAE textiles. Previous agreements have set the quota at 1.6 million units and commerce officials said the new quota
      Reuter  -  290 words
    • 432 5 Bloomberg Business News NEW YORK Government sales of state-owned companies declined about 12 per cent this year, as political opposition slowed some sales, said an analyst at Fin Mark Research Inc. There was a considerable slowdown in Eastern Europe." said Scott
      Bloomberg Business News  -  432 words
    • 491 5 Reuter AFP BUCHAREST Romania summoned Moscow's ambassador yesterday to protest against remarks by Russian ultranationalist Vladimir Zhirinovsky, who had questioned this ex-communist country's right to exist. The complaint added to an uproar over comments by Mr Zhirinovsky during a visit to Bulgaria this week. He
      Reuter; AFP  -  491 words
    • WORLD WATCH
      • 102 5 Reuter FRANKFURT The German economy has reached a trough and may even now be starting to improve. Deutsche Bank chief economist Norbert Walter said. "We are moving sideways within the trough and may be even climbing a little," he told German television in an interview
        Reuter  -  102 words
      • 84 5 UPI KHARTOUM Palestine Liberation Organisation chairman Yassir Arafat, arriving in Khartoum on Tuesday, said many differences still exist between the PLO and the Israeli government on the implementation of the peace agreement signed in September between the two sides. Mr Arafat was quoted
        UPI  -  84 words
      • 107 5 AFP MOSCOW Two plotters of a 1991 abortive coup elected to the Russian legislature called on the court yesterday to dismiss their case on the grounds that they have parliamentary immunity. Genrek Padva. the lawyer defending former Soviet speaker .\natoly Lukyanov and Igor Gritsiuk,
        AFP  -  107 words
      • 53 5 Reuter BUCHAREST Romania's industrial output in November dropped by 0.7 per cent from October but rose 4.2 per cent ycar-on-ycar, data released by the National Statistics Board (NSB) showed. Eleven-month industrial production was 0.4 per cent up from the equivalent period of 1992, NSB
        Reuter  -  53 words
      • 78 5 AFP WASHINGTON The US government's investigation of its secret radiation research on humans during the Cold War has unleashed a rash of reports indicating that many subjects had not given informed consent. Energy Secretary Hazel O'Leary promised on Tuesday that her department intends to
        AFP  -  78 words
  • Page 5 Advertisements
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  • Page 6 Advertisements
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  • LIFESTYLE
    • 841 7  -  Actress Shirley MacLaine's plans to live atop the Santa Fe mountain have fallen through, reports David Margolick David Margolick NYT THE regal Atalaya Mountain, a fresh dusting of snow on its ponderosas and pinons, has remained unscathed by the kinds of mansions that line Beverly Hills
      NYT  -  841 words
    • 452 7 CHATTERBOX Reuter Reuter UPI AP AP US PRESIDENT Bill Clinton, for at least several years while governor of Arkansas, donated his old underwear to charity in the 1980s and took what may have been inflated tax deductions for it, according to documents published
      Reuter; UPI; AP  -  452 words
  • Page 7 Advertisements
    • 392 7 NEW YEAR'S EVE MENU Come and celebrate New Tear's Eve with us' vSrSv* APERITIVO BELLINI PASTICCIO DI FEGATINI DI POLIX) ALLE r NOCCIOLE E PISTACCHIO (Cineken liver mousse with hazel nuts and pistachio) CREMA DI ASPARAGI ERESCHI (Cream of fresh asparagus) OR SALMONS DI SCOZIA AFEUMICATO (Smoked Salmon from the
      392 words
  • Page 7 Miscellaneous
    • 1142 7 TV RADIO 1 ii/ 1 -i H the Shoe Fits, S i 10.30pm, SBC 5 pP^^WJ-. In Cinderella, Jennifer Grey stars as budding '&giy9 B shoe designer Kelly who .jB W B dreams of making it big in the W fashion uorld and making it B^ with a model. She
      1,142 words

  • SPORTS
    • 64 8 Reuter u ——:—t JOHANNESBURG, South Africa Eastern Province fast bowler Rowan Lyle guaranteed himself a place among cricket's glorious history of eccentrics on Tuesday w hen he came out to bat in a Castle Cup match against Transvaal on crutches. He shared in a final
      Reuter  -  64 words
    • 198 8 AP NEW YORK Evander Holyfield isn't all that impressed by the ofier made to him by Riddick Bowe's people. Rock Newman, manager of Bowc. has ofTered him US$2O million (5531.8 million) to defend the heavyweight title against his man next May or June. "We
      AP  -  198 words
    • 572 8  -  Brien Taylor should studv Koufax. who pitched himself into baseball's Hall of Fame, says George Vecsey George Vecsey NYT NEW YORY They were so patient with him. too. That is the joke. Brien Taylor is not even a footnote in the Baseball Encyclopaedia beeause the New York
      NYT  -  572 words
    • 633 8 Sydney-to-Hobart yacht race Reuter SYDNEY In amazing displays of seamanship, some of the smallest yachts in the Sydney-to-Hobart race were leading the fleet yesterday after pounding seas and gales forced almost two-thirds of the 105 boats to retire. The 14.3 m
      Reuter  -  633 words
    • 263 8 AP PERTH US Open finalist Cedric Pioline will represent France for the first time in an international teams tennis event when he partners Nathalie Tauziat in the Hopman Cup. Pioline, ranked 10th in the world, has never played in the Davis Cup
      AP  -  263 words
    • 42 8 AFP HAARLEM, the Netherlands Dutchman Erwin Hageman of Dan Helder, 2.11 m tall, fighting for the ball with Canadian Eric James (1.75 m) during a match in the Haarlem Basketball Week on Tuesday. The Canadians won 85-83. AFP
      AFP  -  42 words
    • SPORT SHORTS
      • Article, Illustration
        85 8 AP NEW YORK Baseball contracts with average annual values of US$6 million (559.5 million) or more. Figures were obtained from player and management sources and include all guaranteed income but not income from potential incentive bonuses. No distinction is made for money deferred without interest: Barry Bonds U557,291,700: Frank
        AP  -  85 words
      • Article, Illustration
        44 8 AP NtW \ORk Results of nanus plau*d i»n Tucsdav Nov* Jersey 97. New York 95: San Antonio 84. Miami 76; Atlanta 119. Detroit 101: Cleveland 127. Charlotte 115. OT; Denver 97. Dallas 85: Seattle 112. Houston 97; Philadelphia 107. Golden State 90. AP
        AP  -  44 words
      • Article, Illustration
        41 8 AP NK.W VOKk luesda\'s results: New Jersey 4. Hartford 2: Philadelphia 4. Pittsburgh 4: Tampa Ba> 4. Quebec I: Anaheim 3. NY Islanders 0: Florida 3. Washington 3; Calgary 3. San Jose 3: Los Angeles 6. Vancouver 5. AP
        AP  -  41 words
      • Article, Illustration
        69 8 AFP MANORVILLE, New Jersey Belmont Stakes star My Memoirs was rescued from a blaze here on Tuesday that killed 29 thoroughbreds valued at US$2 million (553.2 million). My Memoirs, run-ner-up in the 1992 race, was saved from a two-story barn on eastern Long Island owned by Maude Frank.
        AFP  -  69 words
      • Article, Illustration
        142 8 AP MELBOURNE Results of matches played >esterda> in the Colonial Classic exhibition tournament. Men's Round-Robin. Group A: Emilio Sanchez (Spa) b Todd Woodbridgc (Aust) 6-4. 2-6. 6-4: Thomas Muster (Aus) b Brett Steven (NZ) 7-5. 6-2. Group B: Karel Novacek (Czech Rep) b Pat Cash (Aust) 6-2. 6-4: Alexander
        AP  -  142 words
      • Article, Illustration
        219 8 AP AFP KL'ALA LIMPLR The Pcnang Football Association announced yesterday that current Swedish Division One top scorer Mario Jadonic will accept an offer to join their team. The team's deputy president. Ibrahim Saad. told reporter* other players recruited from Sweden include Malmo FC coach Mico Radovic. IFK Malmo captain
        AP; AFP  -  219 words
  • Page 8 Advertisements
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  • INNOVATION & TECHNOLOGY
    • 241 9  -  North Americans will soon get laser-disc quality programmes via satellite. Nicholas Fang reports Nicholas Fang Thomson consumer Electronics will soon sell a compact satellite TV receiver that will allow North Americans to get their first taste of laser discquality TV programmes via satellite. Unlike
      241 words
    • 173 9 division of Hubbard Broadcasting Inc. They will be beamed via a Hughes Galaxy 601 satellite which was launched from French Guyana two weeks ago. The DSS consists of a small (18 inches), easily installed satellite dish antenna, a receiverdecoder which
      173 words
    • 282 9 TEXAS Instruments has unveiled a new type of computer chip, which takes advantage of quantum mechanical effects, while operating at room temperatures. The superchip can operate over three times faster and have three times as many functions as conventional chips. The smaller, faster quantum chip
      282 words
    • 141 9 STAFF at Siemens' Central Research Laboratories in Munich. Germany, have succeeded in harnessing hand gestures, one of man's oldest modes of communication, to control computers and machinery. Siemens' system consists of a video camera, which registers the outline of the hand in front of it.
      141 words
    • 282 9 AP THE long-sought dream of room-temperature superconductivity moved much closer to reality when French researchers reported earlier this month that they had achieved superconductivity at minus 23 degrees Celsius. Superconductors, which offer no resistance to the flow of electricity, hold the promise of loss-free transmission
      AP  -  282 words
    • 244 9 UPI Researchers in Palo Alto, California, have announced a revolutionary liquid-based technology that will allow the development of better and less expensive high-performance camera lenses and telescope optics. Scientists at Lockheed Missiles and Space Company said they have developed optical technology which offers
      UPI  -  244 words
    • IN TAKES
      • 117 9 UPI WASHINGTON The US Department of Agriculture says its first tests of oatrim a fat substitute made from starch and fibre look good. Twen-ty-four people who ate foods made with oatrim as a replacement for one-quarter of the foods fat had significantly improved blood cholesterol levels
        UPI  -  117 words
      • 98 9 NYT NEW YORK The shroud of darkness that precipitates the winter blues is gradually being lifted by scientists who have found aberrations in the biological clocks and brain chemistry of people who become depressed and lethargic when the days grow short. The findings have yielded a better
        NYT  -  98 words
      • 102 9 Reuter SAN ANTONIO, Texas The scientific team that found a genetic pattern common among severe alcoholics in 1990 has found that same evidence in cocaine addicts, according to a recent report in the journal Drug and Alcohol Dependence. The team was led by Dr Kenneth Blum of
        Reuter  -  102 words
  • THE LAW PAGE
    • 1210 9  -  For international legal services, American law firms claim they are better, reports Robert Rice Robert Rice FT IT will come as no surprise to European law firms that US lawyers have a pretty high opinion of themselves when it comes to providing international
      FT  -  1,210 words

  • 550 10 EDITORIAL THE "serious concern" voiced by US Trade Representative Mickey Kantor over the fact that the foreign share of the Japanese semiconductor market has fallen below 20 per cent and his demand for "emergency talks" with Japan over the issue seems an overreaction that does
    550 words
  • WHAT THE OTHERS SAY
    • 330 10 TERRITORIAL DISPUTES have often led to conflict. The violence, instability and impoverishment in some regions is a grim reminder of what historical claims to territory can do. The Asia-Pacific region has its share of contested territories. Potentially, the most threatening to the region's stability is the
      330 words
    • 172 10 NELSON MANDELA, FWde Klerk, Yitzhak Rabin and Yasser Arafat are not just the choice of Time magazine's Men of the Year. Many would feel and nominate the same. The post-Cold War period should see more peace efforts. In fact, such efforts have paid off well in Cambodia.
      172 words
    • 242 10 LAST WEEK, the US authorities announced that they would take a further step in relaxing economic sanctions imposed on Vietnam. The American business sector has been given the "green light" to join international development projects in Vietnam. US officials also indicated that further relaxation would probably lead
      242 words
    • 150 10 THE END of the world's most hated segregation policy, the apartheid of South Africa, has not only been a monumental achievement for humanitarianism this year, but is also one of the most important historical milestones for mankind in the second half of this century. Apartheid not
      150 words
    • 166 10 NEW EVIDENCE showing why Britain believes that Libya was responsible for the vapourising of a US passenger jet over the Scottish border town of Lockerbie five years ago, killing 270 people, emerged on Wednesday in details leaked to The Guardian newspaper. The documents detailing the British
      166 words
    • 249 10 GREED, CORRUPTION and a yen to make quick profits lead to many misadventures and, what is worse, can affect the lives of many innocent and unsuspecting individuals. The collapse of the Highland Towers condominium block and the blatant disregard for the Cabinet directive to stop all
      249 words
  • 1085 10  -  Anthony Rowley discusses the government's new plan to boost the economy by getting banks to shed non-performing loans and make fresh, productive ones Anthony Rowley The writer is BT's Tokyo Correspondent TWO THINGS explain why Japan's economy continues to sink into what
    1,085 words
  • Page 10 Advertisements
    • 7 10 Doonesbury has been delayed in the mail
      7 words
    • 48 10 I YOUR CHANCE TO WIN KIM ENG SHARES I V ~.'v- V W hen Will die party endF l Picking Japanese 1994's funds: How winning much headed stocks this way? Spotlights: C&C, Wing Tai m JKV 8^***********2 ON SALE Published by Times Periodicals member of SINGAPORE PRESS HOLDINGS
      48 words
  • Page 10 Miscellaneous

  • ANALYSIS
    • 1433 11  -  The authors of a new report tell Hongkong Correspondent Catherine Ong why the strategies which made Asian conglomerates successful in the past will not necessarily serve them well in the future Catherine Ong KEPPEL GROUP chairman Sim Kee Boon was recently quoted
      Source: Annual reports; Far Eastern Economic Review  -  1,433 words
    • 773 11  -  Stefan Wagstyl wonders if PM Narasimha Rao can come up with a politically correct way to keep his able finance minister Stefan Wagstyl FT INDIA has been thrown into political and economic uncertainty by the threatened resignation of Dr Manmohan Singh,
      FT  -  773 words
  • Page 11 Advertisements
    • 53 11 REDISCOVER HANOI Recently, I discovered Radio 1 playing a lot of songs from my favourite artistes such as Neil Diamond, Barbra Streisand and the Beatles. I always tune in wherever I am. I leave it on, even at work. Actually, I think it makes working fun.» SUI WOH< 31, Systems
      53 words

  • 379 12 Reuter LONDON The world price of crude oil fell to a new fiveyear low yesterday, extending 1993's recession-led collapse. London February futures for the world benchmark Brent Blend of crude oil opened after a four-day Christmas holiday break at U5513.25 per
    Reuter  -  379 words
  • 42 12 AFP SARAJEVO A Bosnian couple kissing their child good-bye at Sarajevo's railway station before the child was evacuated from here on Tuesday. About 1,300 were evacuated 150 Serbs to Belgrade and 1,150 Croats and Muslims to Split. Arr
    AFP  -  42 words
  • 291 12 TOKYO Japan will accept a US request to hold emergency consultations on semiconductor trade in January to stabilise foreign companies' dwindling share in the Japanese market, officials of the Ministry of International Trade and Industry said. But the officials rebutted
    291 words
  • 228 12 AP TOKYO Japan plans to use public funds to buy some of the land financial institutions are holding as collateral on massive bad loans, according to a news report. The major daily Yomiuri said yesterday the government planned to create
    AP  -  228 words
  • 278 12 Reuter PHNOM PENH International auditors will be contracted by the Cambodian government to inspect the books of local and foreign-based companies as part of a dramatic tightening of the country's tax dragnet, Finance Minister Sam Rainsy announced yesterday. The measures would
    Reuter  -  278 words
  • 847 12  -  The Bottom Line LEON HADAR LEON HADAR The writer is a Washington-based journalist who contributed this commentary to BT WHEN administration officials. members of Congress and journalists return to Washington in the first week of the New Year they will launch
    847 words
  • 343 12 Reuter HONGKONG Governor Chris Patten accused China yesterday of breaking its own future constitution for Hongkong by announcing it would disband all elected bodies when it regains the British colony in 1997. Mr Patten directed his anger against Beijing's Hongkong and Macau
    Reuter  -  343 words
  • 506 12 Rao blamed for failing to prevent US$ 1.3b securities scam AFP NEW DELHI The Indian Opposition yesterday demanded the resignation of Prime Minister PV Narasimha Rao because of a US$l.3 billion banking (SS2.I billion) and securities fraud that has already caused the Finance
    AFP  -  506 words
  • Page 12 Advertisements
    • 71 12 Tomorrow in Business Times PRIME DEVELOPMENT SITE at 92 Hillview Avenue Singapore Freehold Tenure Site Area 6,776.9 sm (72,947 sf) approx. Suitable for Condominium Development at plot ratio of 1.92 FOR SALE BY TENDER Closing Date: 21 January 1994,12.00 noon. For Details and Tender Documents, Please Contact: Lead Regional Agent
      71 words
    • 8 12 A flawed approach to trade, Editorial Pg 10
      8 words
    • 16 12 MA?KETING Tomorrow in Business Times Will India lose its principal architect of economic reform? Pg 11
      16 words

  • COMPANIES & MARKETS
    • 318 13  -  By William Chia SINGAPORE Diversified property and trading group Amcol Holdings is seeking to raise $70 million with a 5-per cent unsecured convertible bond issue due 1999. Amcol said yesterday the issue aims to raise mediumterm funds at a favourable interest rate
      318 words
    • 230 13 SINGAPORE Times Publishing is seeking new opportunities in New Zealand, South Africa, Malta and Singapore. And at home, its priority is to keep manufacturing costs under control. In its latest annual report released yesterday, Times Pub said recovery in its traditional
      230 words
    • 308 13 SINGAPORE SPP Ltd and Ssangyong Cement (Singapore) Ltd have agreed to swap shares in their respective concrete dealing subsidiaries. In the share exchange, Bored Piling Pte Ltd, a subsidiary of SPP. will transfer 49 per cent of its shares in its
      308 words
    • 243 13 SINGAPORE The Jack Chia-MPH Ltd (JC-MPH) group has raised its stake in Thailand's listed pharmaceutical firm Jack Chia Industries (Thailand) Public Co Ltd. JC-MPH said yesterday that the group bought 1.69 million JCT shares at 86 baht to 89 baht a share over the
      243 words
    • 292 13 SINGAPORE Sesdaq-listed Tonhow Industries intends to use the proceeds from its three-for-two rights issue to help finance the purchase of a property and reduce bank borrowings. In a prospectus released this week, the plastic components maker says $2.7 million
      292 words
    • 724 13  -  HOCK LOCK SIEW By R Sivanithy SINGAPORE Believe it or not, it's happened again. For the third time in the past two months, some brokers yesterday got their sums wrong and put too high a price on a
      724 words
    • 229 13 SINGAPORE Keppel group member Singmarine Dockyard Engineering has ended 1993 on a bright note. It has won a shipbuilding contract worth $35 million its largest this year. Singmarine said yesterday it would build two 6,500 deadweight tonne product tankers for regular customer Petroships Pte Ltd.
      229 words
    • 356 13 SINGAPORE Battery maker GP Batteries International yesterday reported a 9.2 per cent rise in its interim net earnings to $8.9 million. This is on the back of higher turnover, which rose 17.3 per cent to $109.8 million from a
      356 words
    • Article, Illustration
      323 13 Source: Bridge Info Performance of STII's Index stocks Dec 29 Last Smh Index Slock talc Choc factor no*ers (I) At into 2.180 0 020 1.12 0.85 CAC 8 900 5.38 CWT J. 120 0 080 1.89 3.40 Cerebos 8 300 0 300 5.02 12.77 FAN 18 900 0 100
      Source: Bridge Info  -  323 words
    • COMPANIES
      • COMPANY BRIEFS
        • 89 14 Bernama KUALA LUMPUR Batu Kawan Bhd has registered a 17.8 per cent rise in group pre-tax profit to M 565.86 million (5540.17 million) for the year ended Sep 30, compared with M 555.93 million in the previous year. It said yesterday that the
          Bernama  -  89 words
        • 89 14 Bernama PETALING JAYA Mulpha International Bhd expects its property development project in Johor to contribute the bulk of earnings next year. Chairman Michael Chen told reporters yesterday that the group had forecast a pre-tax profit of about M 560.5 million (5536.9 million) for the year
          Bernama  -  89 words
        • 79 14 Bernama KUALA LUMPUR Malaysia is breaking new international ground this time with traditional foodstuff. One such item, the dodol (a coconut sugar-based dessert), which once could only be found in provision stores in Malaysia, is now being sold worldwide. The product shown above is made
          Bernama  -  79 words
        • 71 14 SINGAPORE CamaudMetalbox (CMB) Asia's additional 20.99 million new $1 shares arising from its two-for-five rights cum warrant issues will be granted listing and quotation on the Stock Exchange of Singapore from 9am tomorrow. In a statement yesterday, the company said the new shares would
          71 words
        • 42 14 SINGAPORE Closed-end fund United International Securities announced yesterday that its unaudited consolidated net tangible assets backing per share as at Nov 30 was $1.75. Its NTA per share at the end of the previous month was $1.71.
          42 words
        • 26 14 SINGAPORE SAL Industrial Leasing announced yesterday that Bertie Cheng Shao Shiong has resigned as a director with effect from Tuesday, Dec 28.
          26 words
      • 168 14 Bernama KUALA LUMPUR AMMB Holdings Bhd doubled its operating profit before tax and extraordinary items for the half year ended Sep 30 to MS 177.34 million (SSIOB.IB million) from M 588.54 million previously. Group turnover rose 35 per cent to M 5729.85 million
        Bernama  -  168 words
      • 257 14 Bernama KUALA LUMPUR MBf Capital Bhd yesterday proposed a rights issue of 194,148,500 new ordinary shares of Msl each at M 51.70 apiece. The company said in a statement that it also proposed an employee share option scheme to staff of
        Bernama  -  257 words
      • 443 14 Reuter MANILA Philippine shares ended 1993 scaling new heights and euphoric stockbrokers forecast the good times would last through at least the first quarter of 1994. Brokers cheered and thumped their desks as the Manila composite index ended 151 per cent
        Reuter; AFP  -  443 words
      • 239 14 Bernama KUALA LUMPUR IJM International Ltd Hongkong, a wholly-owned subsidiary of IJM Corporation Bhd, and the City of Manila have entered into a joint venture to build and run a 450 megawatt power generation plant in the Philippines. IJM had earlier submitted
        Bernama  -  239 words
      • 292 14  -  By Dexter Lee SINGAPORE Sembawang Projects Engineering (Sempec) has landed a structure and systems building contract for Indonesia's PT Risjad Brasali Styrindo. The Indonesian company wants Sempec to build off-site facilities and utilities systems for its chemical-making plants in Merak, West Java.
        292 words
      • 406 14 Bloomberg Business News KUALA LUMPUR Malaysian timber processor Aokam Perdana Bhd has received offers to set up operations in at least three Chinese provinces, managing director Teh Soon Seng said yesterday. Speaking to reporters after the company's annual general meeting.
        Bloomberg Business News  -  406 words
      • 179 14 Reuter HONGKONG Prudential Asset Management Asia Ltd said it has agreed to invest up to MSBO million (5548.8 million) in a property development project owned by Malay-sia-based Lam Soon Huat Development Bhd. Property Skyline Sdn Bhd. a whollv-owned subsidiary of Lam Soon
        Reuter  -  179 words
      • 270 14 Bloomberg Business News HONGKONG British cigarette company Rothmans International (UK) has defended its decision to go into partnership with Myanmar's military regime to manufacture and sell cigarettes, saying foreign investment will help the country to open up to the outside
        Bloomberg Business News  -  270 words
      • 500 14 UNIT TRUSTS FUNDS Maiuger? pricM Dec 30 Unibond 106 1.09 United Or Fond! 1.77 1.84 Singapore Unrt Trust united Asia Fund 2.10 2.19* The Commerce 189 1 98 HTUC Irtcomc The Savings Fund 1.74 1.83 income Bond Polio, 4.68 4 85 S pore Prog Fund 0.77 0 81 s pore
        500 words
      • 559 15  -  From Florence Chong in SYDNEY AUSTRALIA'S largest integrated home builder. Long Homes a wholly-owned subsidiary of Jack Chia-MPH Ltd of Singapore is due to be listed on the Australian Stock Exchange by midJanuary. Long Homes, which became part of the
        559 words
      • 356 15 Bloomberg Business News CLEVELAND GE Lighting said on Tuesday that it plans to manufacture and sell light bulbs and other lighting products in China for the first time through a joint venture with Shanghai Jiabao Industry and Commerce Co. The General
        Bloomberg Business News  -  356 words
      • 360 15 Bloomberg Business News BURBANK, California Walt Disney Co is considering an alliance with electronics and communications companies to help it take advantage of expected advances in telecommunications, says its chairman Michael Eisner. In a letter to shareholders in the company's annual, report, issued after
        Bloomberg Business News  -  360 words
      • 165 15 Bloomberg Business News ROCHESTER, New Hampshire Cabletron Systems has signed a strategic partnership agreement with Telecom Australia to sell its computer network products in South-east Asia and Australia. The Rochester manufacturer said Telecom Australia was that country's largest telecommunications service provider. The agreement calls
        Bloomberg Business News  -  165 words
      • 656 15 Reuter NEW DELHI Four years ago. Ajay and Vikram Shriram got what everybody thought was the worst of a deal that settled an ugly inheritance battle over India's DCM Group. The brothers came away with the loss-making parts of the business fertilisers,
        Reuter  -  656 words
      • 511 15 AP NEW YORK New York Stock Exchange chairman William Donaldson on Tuesday said initial public offerings (IPOs) raised a record amount of money for companies on the NYSE this year, but he questioned whether the voracious appetite for new stocks would continue. He made
        AP  -  511 words
      • 294 15 NYT NEW YORK Lenders to Blockbuster Entertainment Corp have agreed to treble the size of the company's existing credit agreement to US$l billion (SSI.6 billion), according to documents filed with the Securities and Exchange Commission. However, several people close to Blockbuster said on Tuesday
        NYT  -  294 words
      • COMPANY BRIEFS
        • 93 15 AFP TOKYO Nissho Iwai Corp and British Petroleum Co pic have set up a joint venture with P T Polytama Propindo to make and market polypropylene in Indonesia, a Nissho spokeswoman said yesterday. The joint venture will soon start building a polypropylene production plant
          AFP  -  93 words
        • 91 15 Bloomberg Business news HONGKONG Consumer electronic products manufacturer Holian Investments said businessman William Chan will become the company's largest shareholder following a private sale of new shares. Holian is selling Mr Chan 80 million new shares at 57 HK cents each to raise HK545.4 million (559.2
          Bloomberg Business news  -  91 words
        • 87 15 Reuter TAIPEI Taiwanese prosecutors have charged 53 investors with manipulating the share price of electronics stock Wus Printed Circuit Co Ltd, the Taipei District Prosecutor's Office said on Tuesday. Pai Shun-yi, head of one of the groups, and 52 others were charged with breaking
          Reuter  -  87 words
    • FINANCE & COMMODITIES
      • 499 18  -  By Said Abdullah SINGAPORE The Republic and Hongkong are chipping away at Tokyo's position as Asia's top foreign exchange centre, says a Nikkei Weekly report. Japan's protracted recession coupled with South-east Asia's booming economies are increasingly attracting American and European banks
        Source: The Bank of Japan  -  499 words
      • 356 18 Reuter MADRID The abrupt intervention by the Bank of Spain in Banco Espanol de CreditoBanesto SA, Spain's third biggest bank, could lead to the sell-ofF of its wide industrial interests, analysts say. The bank's interests include steel, construction, real estate and zinc concentrates,
        Reuter  -  356 words
      • 278 18 UPI LONDON A British politician spearheading a compensation campaign for investors financially stung by the collapse of the Bank of Credit and Commerce International accused the US legal authorities on Tuesday of "doing deals" behind the backs of British creditors. Labour party
        UPI  -  278 words
      • SMALL CHANGE
        • 95 18 AFP HANOI The government has published a decree strengthening its control over life-insurance companies in Vietnam. The decree, dated Dec 18 and scheduled to take effect next Jan 1, applies to all aspects of the insurance market and designates the Finance Ministry as the
          AFP  -  95 words
        • 57 18 Bernama KUALA LUMPUR Oriental Bank Bhd will launch an inter-est-free banking scheme based on Islamic banking principles early next vear, its chief executive Ramly Ahmad said yesterday. The bank would implement the scheme in stages commencing with the Al-Wadiah Savings Account and the Al-Mudharabah General
          Bernama  -  57 words
        • 82 18 Bloomberg Business News TAIPEI Nikko International Capital Management Co of Japan, a unit of Nikko Securities Co, plans to invest US$l.3l million for a 10 per cent stake in a Taiwanese mutual fund management company. Grand Pacific Securities Investment Trust Co. the Koos
          Bloomberg Business News  -  82 words
        • 45 18 Bloomberg Business News TAIPEI South China Finance Co. a wholly-owned unit of Hongkong's South China Brokerage Co. plans to acquire a minority stake in Core Pacific Securities Investment Trust Co, a Taiwanese mutual funds company, Taiwanese officials said.
          Bloomberg Business News  -  45 words
        • 77 18 Bloomberg Business News WASHINGTON India Investment Fund Inc filed with the Securities and Exchange Commission to sell tour million shares in an initial public offering. While the fund has yet to determine an offering price, it used USS 15.00 a share to calculate the
          Bloomberg Business News  -  77 words
      • 379 18 Reuter NEW YORK US bankers expect earnings to be strong again in 1994, despite worries that a sluggish economy and rising competition could hurt revenues. In recent interviews, many bankers across the country said 1994 profits should top record 1993 levels.
        Reuter  -  379 words
      • 180 18 NYT TOKYO The administration is considering the use of a special low-interest, unsecured and unlimited Bank of Japan loan to help financial institutions ease their burden of problem loans. Non-performing loans backed by real estate as collateral, which snowballed due to the asset-inflated bubble
        NYT  -  180 words
      • 396 18 Reuter LONDON The dollar was bid up. but not aggressively. during the European afternoon < session yesterday with the < mood still bullish and traders looking for further gains. Dealers reported some interbank bids for dollars but one London trader said his bank was only quoting to close-relationship banks
        Reuter  -  396 words
      • Article, Illustration
        1312 18 I imle\ tiikuluuil attain*! Spore> lop 14 HJtllil* /wrlihiv Base uiii W* I USS/SS forward rates Noon Pcc 29 Bid Offer 1 -month ***** 1 6017 2-month 1-6010 1 6025 3-month 1.6018 1.6033 6-monlh 1.6022 1.60*2 Switr OC'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 1 Own on D«c
        1,312 words
      • 188 18 Knight-Ridder WINNIPEG Saudi Arabia is targeting Canada for new joint venture partners in order to develop its vast base metal resources, industry officials said on Tuesday. Saudi Arabia is looking to Canadian investors because of the country's mining and banking expertise and its
        Knight-Ridder  -  188 words
      • 187 18 AFP NEW YORK The dollar climbcd against other major currencics here carlv yesterday. supported by large bank purchases and reports of encouraging US economic statistics. Gold meanwhile rose to U*****.90 an ounce, up 50 cents from Tuesday's close. At about 9:15 am (1415 GMT), the dollar was trading
        AFP  -  187 words
    • COMMODITIES & FUTURES
      • 1341 19 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures contracts finished firmer yesterday as overnight call rates in Tokyo eased, dealers said. "Rates in Tokyo were a little softer because year-end demand for funds has been completed and that pushed up the Euroyen," said one
        Reuter  -  1,341 words
      • 602 19 COMMODITY REPORTS Tin TIN ended l«o sen up at MS 12.12 akg yesterday to extend recent gains on persistent foreign demand helped by the weaker ringgit against the US dollar, traders said. The long market holidays in London also spurred Japanese and Europeans
        602 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 123 19 SYDNEY Cotton buying by spinning mills in many parts of the region remains active as prices continue to rise. Traders in Osaka and Hongkong said mills continued to seek lower quality cotton to replace shortages of cotton from Pakistan. India. China and Russia. Japanese
          123 words
        • 128 19 NEW DELHI India's cotton output in the current 1993-94 (Sep-Aug) cotton season is expected at around 12 million bales (170 kg a bale), down from an earlier forecast of 13.5 million to 14 million, industry and government officials say. The standing cotton crop in the
          128 words
        • 115 19 SYDNEY Australian feedlot capacity is forecast to increase 15 per cent next year and 30 per cent over the next three years, as the industry aims to meet expanding Japanese demand. The Australian Lot Feeders Association and Australian Meat and Livestock Corporation forecast that feedlot
          115 words
    • 1625 19 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest OOO OOO 133.25 0 0 Feb 134.00 134.00 134.25 150 3.875 Mar 0 00 0.00 136 00 0 6.925 Apr/Jun 0.00 0.00 138.25 0 18.375
      1,625 words
    • REGIONAL STOCK MARKETS
      • 347 20 Seoul D*c 28 WomDOl Ankuk Insurance *****0 -4000 Asia cmeni 460 00 -14 00 Baik Yang II2000 -3000 Bank Of Che Ju 155 00 unch HankOf Kusan 4**00 BooKook ***** 400 Bvuck Sua IB5 00 unch Cheil Sent he T«1 375 00 -4 00 Oiun{ Kun Dang ***** -5 00
        347 words
      • 1359 20 +37.7 A FIRM close on Wall Street helped to lift sentiment here and propel the Australian bourse to a higher close yesterday, brokers said. The All Ordinaries index gained 37.7 points from its last close on Dec 24 to finish the day at 2,126.9 while the All Industrials index
        1,359 words
      • 677 20 4-30.43 Share closed with cheering from brokers as the market soared to new record highs on the last trading day of 1993 amid forecasts of another strong year in 1994. The market will reopen on Jan 3. 1994. The Manila index rose 30.43 points to 3,196.08. Makati soared about
        677 words
      • 640 20 +36.32 Taiwan's stock index closed at a 29-month high in volatile, heavy trade as the market repeated Tuesday's pattern financials surged but most industrial sectors fell on profittaking. The index, which opened down but rose some 110 points at one stage, closed 36.32 up at 5,538.07. its highest finish
        640 words
      • 324 20 +46.79 New Zealand shares rose 2.2 per cent yesterday on heavy investment from US and European investors, brokers said. Telecom led the market's advance. The New Zealand Top 40 capital index closed 46.79 points higher at 2.155.12. its highest close since the Nov 6 cliffhanger national election that
        324 words
    • WORLD STOCK MARKETS
      • 847 20 Britannia Funds Sterling Cash Bid Oder Mim Cap Deposit 3* 6400 3* 6500 MimJerseyGilt 0 1893 0 1992 Min Mu Income ****** ****** ISS Cash Income Plus Fund 10 7100 11 2400 PS Reserve Fund 5 2300 5 2400 Sterling Fquits Euro Performance 0 4592 0 493* Fir East Fund
        847 words
      • 657 20 +49.7 SHARES shot to record closing highs as a spirit of festive cheer enveloped the London market but weakness on Wall Street put a brake on the rally in late trading and threatened to cap future gains. The FTSE 100 index jumped 49.7 points or 1.46 per cent to
        657 words
      • 132 20 17.25 French shares ended firmer near to Monday's record high of 2.284.19 as the market sets out to test the 2.300 level on the CAC-40 index by year-end, traders said. Much of the volume was domestic, with firms buying their own shares. The CAC-40 index ended up 17.25. or
        132 words
      • 156 20 1.77pc After two gloomy, listless days, the Swedish bourse came back to life. Indices rose sharply on lower debt yields and the London bourse re-opening. "But one should not forget that tomorrow is the last trading day before the yearend." one dealer said, adding that there may be some
        156 words
      • 196 20 -1.25 pc German share prices are expected to drift sideways in lacklustre trading as falling futures prices depress market sentiment and books are closed ahead of the New Year holiday, traders said. The DAX index of 30 leading German stocks closed at 2,214.70. down 1.25 per cent from the
        196 words
      • 135 20 -2.82 Belgian shares closed slightly lower after a volatile session. dominated by end-of-year institutional portfolio reshuffling. Traders said they expected the sharply decreased market liquidity would keep volatility high today, the market's last session of the year. The Bcl-20 index of leading shares closed 2.82 points, or 0.19 per
        135 words
      • 144 20 -74 Prices eased on year-end profit-taking but the key element in the market was the lack of volume. The Mibtcl index lost 74 points, or 0.7 per ccnt. to close at 10.720. Brokers cxpectcd no pickup in activity before next week and price movements over the next couple of
        144 words
      • 274 20 -0.34 Dutch shares were very quiet on the year's penultimate session, with most internationals tugged reluctantly higher as London returned bullishly from the Christmas break. But most prices remained mixed, with dealers less convinced that the market can hold the extent its out performance of the British market in
        274 words
      • 245 20 +2.44 Swiss shares awakened from their lethargic slate earlier in the day to close mixed to marginally firmer as slight buying set in late in the session. Industrial shares led the late uptrend, with demand sparked by Wall Street's firm opening and good US economic data. The broad SPI
        245 words
      • 280 20 +33 Overheated gold shares cooled ofT for the second day on the Johannesburg Stock Exchange, but industrials continued their upward march, particularly in the food sector. The industrial index gained 33 points to 5.520 and the overall index made two points to 4,799. The gold index lost 31 points
        280 words
      • 292 20 +3.18 Stocks firmed slightly in early trade on industrials and energy gains after a solid natural resource-driven rally Tuesday, traders said. The TSE 300 composite index edged u0 3.18 points to 4.292.03 in turnover of 6.19 million shares valued at C 558.56 million. Advancing stocks led declines 168 to
        292 words
      • 787 20 -8.1 The Dow Jones industrial average, which inched up 0.84 point to a new all-time high of 3.793.77 on Tuesday, was down 8.10 points to 3,785.67 at II am EST yesterday. The key barometer was ahead I point shortly after the market opened. The New York Stock Exchange
        787 words
    • Article, Illustration
      3161 21 Reuter HONGKONG Stocks ended a see-saw day sharply lower as profittaking whittled away some of Tuesday's massive 530-point surge by the main index, brokers said. The blue chip Hang Seng Index closed down 120.45 points, or 1.04 per cent, at 11,449.77. But that was above a late afternoon low
      Reuter; Source: Bridge Info  -  3,161 words
    • Article, Illustration
      458 21 THE CLSA Shanghai B Index rose 34.41 points to 1,078.14 with several stocks posting big increases yesterday. The star performers were Phoenix Bicycle and Forever Bicycle, soaring 17.3 per cent and 12.7 per cent respectively. The two new stocks were most heavily traded. Diesel Engine added another 9.0 per
      458 words
    • Article, Illustration
      2559 21 Bloomberg Business News TOKYO Japanese stocks rose for a second straight day as investment trusts set up new funds for 1994 amid signs that investors are beginning to shift to equities from bonds, traders said. The benchmark Nikkei 225 average rose 140.82 points, or 0.825 per cent, to 17,272.03.
      Bloomberg Business News; Source: Bridge Info  -  2,559 words
    • Article, Illustration
      1819 21 Reuter BANGKOK Thai stocks kept to the track of this week's steady rise but failed to reach 1,700 as investors took profits on Telecom Asia yesterday. The SET index closed the day up 15.94 points at 1,668.63, with the finance sector again leading market gains. It had reached a
      Reuter; Source: Bridge Info  -  1,819 words
    • Article, Illustration
      1137 21 Reuter JAKARTA Stocks closed higher in brisk trading yesterday, supported by both local and foreign players, brokers said. The official index jumped up 15.31 points to 587.88. "Window-dressing might have helped to turn market sentiment into bullish buying across the board," a foreign dealer said. Blue chips were actively
      Reuter; Source: Bridge Info  -  1,137 words
    • 2774 22 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume FAt'B 50c 34.218 000 AMDB 50c J0.JJ6.000 Mctroptcx TSK 18.685.000 Mctroplcx 50c 15.617.000 Kamunting 50c I5.00j.000 Johan Hldgs 50c I i.6%,000 Pcgj Msia 1I.J80.000 Kcnong Bhd 50c I0.76j.000 Mulpha Intl 50c 10.757 000 Faber Group I0.5J6.000 Insas Bhd 9.114.000
      Source: Bridge Info  -  2,774 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5968 22 Bernama KUALA LUMPUR Share prices closed on a firm note but were off their intra-day best as profit-taking trimmed gains yesterday. The Emas Index of all main board shares Finished 5.22 points higher at 374.77 while the Composite Index fell from a new record
        Bernama; Source: Bridge Info  -  5,968 words
    • STOCK EXCHANGE OF SINGAPORE
      • 6434 23 MAIN BOARD Transaction date: Dec 29 Cr Gr IMI [,„t Vol Day U»« QwKt Di» D4» YM N«t M C«» Hick Low Co.p.» Sale C000) High U- B.,er Seller Or P/E imll INDUSTRIAL AND COMMERCIAL w a^0 ,400 :60 Acma 1220 1-30 117 230 1.90 .190 .220 12 5 2
        6,434 words
      • 148 24  -  HOT STOCK By Quak Hiang Whai FIRST Allied Corp Bhd (FACB) closed 12 cents higher yesterday at $1.49 on a volume of 34.2 million shares. The stock was priced at Si early this month. While the upward trend remains intact, the upside potential of the stock
        148 words
      • 1739 24  -  By R Sivanithy SINGAPORE Investors yesterday continued to plough money into the market, sending prices to their fifth consecutive record high with Guthrie's 1994 loan stocks providing the day's biggest controversy. The frenzied trading set a new volume record while the Straits Times
        Source: Bridge Info  -  1,739 words
  • Page 13 Advertisements
    • 170 13 There's nothing quite like driving the new Impreza. -I V\\ Z7" v The all new Subaru Impreza it's a completely new model it inSedan is a brilliant "true" 1600 cc corporates the most advanced class car that redefines the joy of automotive technology and latest driving. Born from the Subaru
      170 words


  • Page 15 Advertisements
    • 676 15 rN~O~T~T~C E~~S IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF LEQUAN SHIPPING LINES PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 306 of the Companies Act Chapter 50. that the FINAL MEETING of the Members of the
      676 words
    • 267 15 IN THE MATTER OF THE COMPANIES ACT. CAP. S9 NOTICE OF RESOLUTION PRADO INVESTMENTS PTE. LTD. (In Menken' Vohmun MqukUdoni Al an Extraordinary General Meeting of the Company bekl at 30 Pnnscp 9Mal #11 -00. LKN Pnnsep House. Singapore 0718 on 29th December. 1993. the following special reaolutioa was duly
      267 words

  • Page 16 Advertisements
    • 263 16 I *v-rV. v 4 v Singmarine promptly delivers tugboats to Keppel Smit Towage Pte Ltd Singmarine Industries Limited (Singmarine) once These are the first two tugboats that Singmarine's again demonstrates its capability and specialised subsidiary, Singmarine Dockyard Engineering Pte knowledge in building small and medium-sized Ltd (Singmarine Dockyard), has built
      263 words

  • Page 17 Advertisements
    • 436 17 mgmmm r t K j HM kY* mr* A joint venture between Keppel Corporation Limited and Fortis 10 Hoe Chiang Road #13-00 Keppel Towers Singapore 0208 Tel: 225 6111 Telex: MAG RS ***** Fax: 221 2188 (General), 221 2156 (Life) Sea Scan International Pte Ltd A supplier of marine equipment
      436 words


  • Page 19 Advertisements
    • 366 19 rN~O~T~T~C~~E~ I EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, caN toll-free 1-800-741-1883 I The Strait* Time« M THE MATTER Of THE COMPANKS ACT, CAP. 90 AND M THE MATTER OF HOPE •(VESTMENTS PTE LTD ImerparalediatieftepiMßafMnoapore) At an msmmtnn general meeting of Hope Investment!
      366 words
    • 35 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 -tfs. 203 in The jjT\ja Straits Times Classified, cjlta.
      35 words


  • Page 21 Advertisements
    • 75 21 Since 4 nu Sintapofc nil. IKXJKGI-ASS* I u<ky PUi Tel *****KV1 Scullv T«H J IV.W7/7 I'M Ccittrnxmit Id 7MI Y)MtOI I VntnsuU ItdU Te4 M7NHWTJ W.hW Tidttc Ciiilrc Td I'dljis KcudissjiMC TH Kdlllc- Tel *****41 ■RCtwngi Aiiikwi Tetmiiwl 111 dst bWesl WnigM Td Teimiiwl I (S««lh Wu>el W '>AJ(-OKI Sole
      75 words

  • Page 22 Advertisements
    • 67 22 A Timely Investment. sde Agent-. DICKSON WATCH JEWELLERY (S) PTE LTD I A wholly owned subsdiar y of DICKSON CONCEPTS (INTERNATIONAL) LIMITED I (jXjM* H K Available at; A A HBdi A A A DICKSON WATCH A JEWELLERY: THE PROMENADE 300 Orchard Road #01 -03 Singapore 0923 Tel: *****00 CENTREPOINT
      67 words

  • Page 23 Advertisements
    • 69 23 mjk BlancpaiN I a ouartz Blancpain watch Sinfd|KMC II 111 KXIK CI ASS *lix ky I'li/.i TH TKMKVI Su4lv Tri Htt)27/7I<M j I C cnIHiXMDI 1W 7MIV»VOO« ProtnswU Pbu.lH WItKNM W<Vi6» W<wMTi.«<V'UiMic Tel *****U7 Mar.KctVMV-incr.lW /J Kctllk-s Tel dune* Aiiikdl Tctmnul l|l->4 IWM '>* W>A\ '»4/«WI Sole A«c«t TIN. lIOUR
      69 words

  • Page 24 Advertisements
    • 288 24 IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF OMEGA SHIP MANAGEMENT LTD SINGAPORE BRANCH (In Members' Voluntary Liquidation) Members Voluntary Winding -Up At an Agents Meeting of the abovenamed Branch Office duly convened and held at 200.CANTONMENT ROAD #07-02 SOUTH POINT, SINGAPORE 0208 on 27th
      288 words
    • 429 24 A THE COMPANES ACT/\ CHAPTER 50 I SECTION 290(2)(B) I NOTICS OF RESOLUTION SOLVENT I INVESTMENTS PTE LTD I ON MEMBERS'VOLUNTARY I LIQUIDATION) I At an Extraordinary General I Meeting of Solvent I investments Pts Ltd held at I 45th Floor. One Exchange I Square Central Hong Kong I on
      429 words
    • 348 24 A THE COMPANES ACT, CHAPTER 50 SECTION 290(2)(B) notice of resolution DORMANT investments pte ltd (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Mealing of Dormant Investments Pte Lid held at 45th Floor, One Exchange Square Central Hong Kong on the 23rd day of December 1993. the following special resolutions
      348 words
    • 808 24 NOT I C E S PANSOKTR M ENGINEERING TOOLS PTE. LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant lo Section 308 of the Companies Act Cap SO thai die final General Meeting of the Members of the abovenamed Company will be held at the
      808 words
    • 256 24 THE COMPANIES ACT, CAP. SO NOTICE OF RESOLUTION F A W ENTERPRISES PTE LTD (In Wambara" Voluntary Liquidation) Al an Extraordnary General Meetrig of F W Enterprises Pte Ltd duly convened and held at 102 Upper Cross Street #06-11 0 G Buildrig, Sngaporeolos.on27th December 1993 the following Special Resolution was
      256 words
    • 468 24 BROKERS 1 STOCK PICKS in Personal Finance and Investment on Saturdays IN THE MATTER OF THE COMPANIES ACT CAT. M AND IN THE MATTES OF PECKO REALTY PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of the Company »u convened and held
      468 words

  • SHIPPING TIMES
    • 546 25  -  By Juliette Walker SINGAPORE French carrier Compagnie Maritime d'Affretement (CMA) has tied up with Ben Line Agencies (Japan) to form a joint-ven-ture shipping agency to market liner services. A statement from CMA's Marseille base said: "Our development of a more dedicated,
      546 words
    • 298 25 Lloyd's List TOKYO US oil major Exxon has entered into a long-term charter deal with Mitsui OSK covering two dou-ble-hulled very large crude carrier (VLCC) newbuildings at Japan's Hitachi Zosen yard. Under the terms of the charter, which still has subjects to
      Lloyd's List  -  298 words
    • 832 25 Pajje Col ABC Containerline 12 1 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 18 1/2 «ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 ••Bait Orient Line 7 4/5 Bank Line. The 9 5 Barbican Line 4
      832 words
    • 159 25 SINGAPORE Robert Kruse, one of the best-known personalities in the world of ship classification, will retire at the end of this year. Mr Kruse, 64, a member of the executive board of Germanischer Lloyd for 17 years, will hand over the reins to
      159 words
    • 283 25 Reuter TAIPEI Taiwan should try next year to establish direct shipping links with China. Economics Minister Chiang Pinkung said. Direct links would benefit Taiwan's economy by spurring imports of cheap raw materials and industrial components from China, he said yesterday. "Costs for
      Reuter  -  283 words
    • 181 25 MANILA Philippines' customs authorities have begun computerising major ports to speed up the flow of cargo. Clearance procedures at the ports of Manila, Batangas, Cebu, Mactan and Manila international airport will be computerised under a programme funded by a U5527.4-million (5543.8 million) loan from the World
      181 words
    • SHIPS IN PORT
      • 541 26 Vewl Voy No Btrth fcjwl Dgparturt Vend Voy Wc Bwtti »nw»l Dqurttfe Jurone Port Hpmi4»» 2 2/93C poia alongside 29 12/1800 to l J4/5 aiorp-de 3012/0800 Scl934a 29/12* POIA 2i^J22 Bo Hung 43/93 19 akwfade 3012/0800 Tay Do 8/93 P10 alongsde 30 12/0200 Dm Swim 24/93 12
        541 words
      • 1369 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From ACX 0** 04 7B 31/1100 1 29/1500 29/1659 29/1900 3 30/0700 30/1159 30/1400 4 30/1200 30/1459 30/1/00 AC* lade 1696 31/0300
        1,369 words
    • 11884 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 Penang after
      11,884 words
    • 3391 39 A XjLBC C ontainerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Vccord Group: Accord Shpg Pic Ltd (Sy Accord C'ontr Line (PK/PN). Vdkris Business Corporation Philippine Calsourcc Shpg Trdg Pte Ltd (Si Ahrenkiel liner Service Kim Shpg Trdg(S). Mbatros Sea-Air Service: Frata Shpg Pte
      3,391 words
    • 290 39 Xbacus Couriers Tel: 545-8011. Fax: 545-1898. Air Kxpress Iwel Tel: 533-5771. Fax: 535-6144. Xirborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80 Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cifx-Link International Tel": 344-3377. Fax: 345-6450 Cluster Link Supplies Sen ices
      290 words
    • 1499 39 Abex Exprevs Freight Td: 542-7171 Fax *****84 Xctinic Forwarder Tel: 225-1833 Fax: *****42. Actnair Singapore Td: 542-7822 Fax: *****20 Xeroiink Freight International Tel 545-8033 Fax: *****05 Xerospeed Tel: 542-5911 Fax: *****18. Air Cargo No»o Express Td 542-5454 Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50 Air
      1,499 words
    • 2646 40 ALBANIA 1 Duress: Four vessels in port discharging of which 2 bulk wheat, 1 bagged fiour, 1 bagged clay, 1 vessel in roads waiting to discharge gasoil. ANGOLA Luanda: Port operating normally, all berths occupied, no vessels waiting. Ixtbito, Namibe: Ports quiet. All crude oil export terminals reported
      2,646 words
    • 1088 40 SHIP SALES TANKER RATES AFP RUMOURS indicate that a resale double/double aframax (delivery April 1994 at Samsung) may have been sold at around US$4B million. Initial enquiries indicate this could be the tanker Pacific Order and that the buyers are Far Eastern (either Japanese or Proc). It is also reported
      AFP  -  1,088 words
    • 551 40 ARRIVALS Op Flight l>pe ETA 1 From TODAY K\L KE697 B747F 0150 1 SEL SIA SQ827 B747F 1730 2 CPH/DXB CLX CV794 B747F 1845 1 LUX/DXB NCA KZ203 B747F 1930 1 NRT KAL KE685 A30F 2345 1 SEL/MNL TOMORROW JAL JL6I5 B747F 0240 1 TYO NWA NW90I
      551 words
    • 246 40 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr l*p Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No DECEMBER 30 30 Occan Pearl 1200 1900 Port Klang Sin Inchcape Shpg Services 222-44IT Jakarta 30 30 Leisure World 1300 2015 Sin Port Klang Lauw Sons Travel 227-8284 31 31 Renaissance
      246 words
    • 649 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-Ra-dar) Duration: Jan 3 Feb 25 Organiser Singapore Aviation Academy, Civil Aviation
      649 words
    • 922 41 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      922 words
    • 585 41 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 1S00 1900 2000 2100 2200 2300 ft 2.5 2.5 2.4 2.0 1.5 1.3 1.2 1.2 1.5 2.0 2.7 3.2 3.3 3.1 2.6 2.0
      585 words
    • 835 42  -  China's decision to allow competition in its lucrative shipping market may have more cons than pros, warns Sandra Worthington Sandra Worthington Lloyd's List Maritime Asia CHINA'S maritime industry is experiencing a sea-change. The decentralisation process of the state-planned shipping industry that began in the eighties is
      Lloyd's List Maritime Asia  -  835 words
    • AIR AND LAND TRANSPORT NEWS
      • 412 44  -  By Juliette Walker SINGAPORE Asian Aerospace '94 looks set to attract a record number of delegates as the regional aviation market takes on increased importance. Jimmy Lau, group vicepresident of Reed Exhibitions which manages the air show, said: "Exhibitors and visitors
        412 words
      • 367 44 AP TOKYO Next year Japan plans to start developing a jet engine for the nation's first new passenger airplane in more than 30 years, an official said on Tuesday. Boeing Co of the US, Saab of Sweden. ATR (a FrancoItalian joint venture)
        AP  -  367 words
      • 388 44 MBT KUALA LUMPUR Malaysia's aerospace company Airod Sdn Bhd has signed a joint venture agreement with Alenia SpA of Italy to undertake MSI9O million (Ssl 17 million) worth of air traffic control projects. The tie-up between Airod and Alenia, one of the largest electronics
        MBT  -  388 words
      • 270 44 AP TOKYO The new airport for Japan's second-largest city on Tuesday said a group of international airlines used unfair comparisons in describing the airport's planned charges as "horrifying". The charges are not high if "updated facilities are considered", said Chigusa Oshima of Kansai International Airport
        AP  -  270 words
      • LOG BOOK
        • 116 44 Bloomberg Business News KUALA LUMPUR The Kuala Lumpur International Airport in Sepang, scheduled to open in 1997, will initially operate with only one runway, the Malaysian Business Times said. The second runway will be delayed until 1998 because it is being built on
          Bloomberg Business News  -  116 words
        • 83 44 AFP BEIJING Security has been tightened at Beijing's airport after Tuesday's hijacking to Taiwan, the 10th this year. The official English-language China Daily said yesterday the tightening of inspection procedures at the airport was especially aimed at passengers travelling to south-eastern China, close to Taiwan.
          AFP  -  83 words
        • 84 44 Bloomberg Business News PARIS Most of the 8,500 workers at French aerospace concern Aerospatiale in Toulouse have been laid off temporarily. La Tribune Desfosses reported. This measure, the second of its kind this year, will translate into a salary cut of around 10 per cent. State-owned
          Bloomberg Business News  -  84 words
      • 43 44 Reuter CEBU Rescuers bringing to shore the body of a passenger who drowned after a ferry capsized in stormy seas caused by Typhoon Nell on Mactan island, central Philippines, on Tuesday. Only five of 18 passengers survived. Reuter
        Reuter  -  43 words
      • 200 44 Reuter TAIPEI Taiwan Aerospace Corp (TAC) will not resume talks with British Aerospace pic (BAe) on their stalled US$775-million (SSI.2 billion) airliner joint venture before June, Economics Minister Chiang Pin-kung was quoted as saying. Any reopening of talks would depend
        Reuter  -  200 words
      • 1408 44 City Rig* ETA Flight ETP Abu Dhabi GA985 1420 Adelaide QF81 1930 QF82 2050 SQ228 2035 SQ25 0635 Amsterdam GA975 1140 KL838 2320 KL837 1540 SQ323 1815 SQ26 2359 Auckland NZ21 1710 BAlt 1455 SQ288 2030 SQ286 2035 SQ288 2045 B Serf Begawan BI421 U05 SQ182
        1,408 words
      • 442 44 Reuter BOMBAY India's car industry, recovering since April after two years in the doldrums, says it will make a record number of vehicles in the year ending March 1994, helped by incentives from an economic reform programme. The executive director
        Reuter  -  442 words
  • Page 25 Advertisements
    • 7 25 Lubricant Strangling China's golden goose, Page 18
      7 words
    • 34 25 Asian Aerospace '94, Back Page Lines and services represented by Members of the Registry el Accredited ffffriSJmt Shipping Agents, Singapore National Ship- vXsjMf) ping Association. I for advertising enquiries, contact Shipping Times: > Tel 740-2089/740-2090
      34 words
    • 35 25 the FAMOUS Apn^o MMIM/ SmfiOKjm ■!Mlllgl* 224 1833 For more information please refer to Pg. 13 JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. SINGAPORE r"T^ Business Times WE KNOW USA
      35 words

  • Page 26 Advertisements
    • 461 26 TSKLINE AGENCIES (S) PTE. LTD. r I 1 wf ~W wmrp Tel: 226-3363 P9H J. «3«|\« IJIM rl- Tlx: RS *****/TSKSW. qC&OS/ TOKYO SENPAKU KAISHA, LTD. <* NO **********0N s m n» m m m. ACX DAISY 0478 **27.12 **23.12 2112 31.12 04.01 0611 11.01 11.01 12-01 13 01 PAC
      461 words
    • 1310 26 L—■—————■———^—— iim i i WCT .OW«,TCOMT Z IJ, IWCTMIgig glia.T| »g PACKKARTO* 0196 «1 221 2«1 261 VI 251 251 ?6 I 241 29 1 *C BABCUOW 01 001*1 101 HI *1 I"' ,*i ,fj flis ,7! 11 1 22 32 1? 12 22 22 52 *0 TOAYO 01 002W
      1,310 words

  • Page 27 Advertisements
    • 2039 27 ?E°L C 32 3 8 33TFi1°22i3^4 0 2 NE SH,PWNG AGEMC,ES 5^71^X^*****42 EOCSATWS TEL *****55 ,INWARD,/*****90 (OUTWARD, C S TEL 98M *****80 *****81/ *****82 P GUDANG TEL *****2/3 FAX *****4 (OPNS) CUSTOMER SVC TEL: JOHOR BAHRU TEL: 07-*****0 FAX: 07-*****9 CR NUMBER: **********0 C Dedicated to Quality Service 200 cantonment
      2,039 words
    • 1024 27 ■gimm WEEKLY TO MEXICO CITY IN JUST 23 DAYS MARCHEN MAERSK V.9412 ETA SIN 4TH JAN 1994 V*SMI Voy ETA ETD CeeOer by SL ur tZT DESTINATIONS Thn wee* marchen MAERSK V 9402 04/01 oeoo hrs H M^R CPS 03/01 2359 HRS JOM I_PK PEN OAK LGB SFO MEM ATL
      1,024 words

  • Page 28 Advertisements
    • 1629 28 AQABA R DAM LI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H'BURG A WERP HAVRE WEST MALAYSIA STUTTGART EXPRESS 01/351 1/1 10/1 16/1 19/1 22/1 24/1 Port Kelartg. Penang KAGA 33/152 5/1 22 /1 25/1 23/1 Pas,r G"oang DRESDEN EXPRESS 14/35 2 8/1 17/1 23/1
      1,629 words
    • 651 28 jCZSSSB I FCL Breakbulk Service to: I I AFGHANISTAN M&M Afghanistan Ltd., I I Sole Foreign Forwarder in Kabul for all services F I C.I.S.- Vottochny, Vladivostok, Moscow, Tashkent, I Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata I North Korea Vietnam Mongolia Hungary I CSFR Poland M^ULlTontainerser^ NORTH/WEST AFRICA I
      651 words
    • 1095 28 NORASIA I VSUVOY^ 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 At-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 08/02 09/02 10/02 11/02 I NORASIA SUN 9402-3 19/01 09/02
      1,095 words

  • Page 29 Advertisements
    • 1734 29 W" m STRAITS SHIPPING PTE LTD ■fe- WgA 10 Hoe Chiang Road #11-01 Keppel Towers Mm Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE BUlliiSUßASflaZAidfliAßSaiMaiMiilKißSiliSiMSllH iSyg? (a service of china navigation co> CARGo" SAILS STRAUS VENTURE *321 Mum Lib 21-29 o*t to PI 31 Dtc FC L, LCL
      1,734 words
    • 970 29 W SINGAPORE AGENT: DjjyA P&O Containers (Singapore Agencies) Pte Ltd I |V 1 W jl SB 1 1 /I I 1 ICi 10 Hoe Chiang Road #07-01 Keppe) Towers, Singapore 0208 Tel: 225 2233 Te»ex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********0Z EXPORT isL« alas ss a,
      970 words

  • Page 30 Advertisements
    • 551 30 F» GENERAL AGENT C R NO *****81-***** ifK EKA JAYA AGENCIES >al|r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MYANMAH TRADE ~P PAQEB |H*HPPtjQHC/iMßt£lZ| WILLIAM WEE TgWW/HWWg Mftttftl HH7B HO cm MINH CITY HHfflT HOE LHM24 737HW/WTW KELVIN CHAN UH922 WM732/WMM ►TO MYANMAR/YANGON BEMI CONTAINER SERVICE M
      551 words
    • 1698 30 @HANJIN SHIPPING] BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FDR VSI lIK HAUI S£A TV* POX Ft* Wl S* ILME HAU. SAV AN «TC HAN UN HAMBURG OIK 31/1? MttCT 20/1 21/1 22/1 HAW* HAMURG Old 31 1? N SAVANNAH 041E 3/2 4/2 J/2 HAN
      1,698 words
    • 1482 30 ni w isc wc u( w m oa ki sw no iu u nc lm mm km n» w no cm m s? I E GOM6M 054 4 1 S/l 10 I 12/1 14/1 17/1 11/1 29/1 21/12 23/1 22/1 4/2 lf/2 11/2 11/2 1/3 2/3 3/3 4/3 5/3 15
      1,482 words

  • Page 31 Advertisements
    • 2113 31 I I 'NEPTUNE AMAZONITE 06W ETA SGP 04/01/94 II II m Mm I ETA RDM 20/01/94 FLX 21/01/94 BRE 23/01/94 II II *H1 Connecting Neptune Cyprlne 05E in HKG 08/01/94 II II JT_ *01 Connecting CeHfomta Saturn 62E In HKG B/0V94 l|l VOY 4£p LOS OAK VAN SVT ATL CCC
      2,113 words
    • 1135 31 Q SINGAPORE SOVET SHIPPING CO PRIVATE LTD —CR NO: **********0/N ENQUIRIES. *****33 BOOKINGS: *****64, *****51, *****31, *****13 CW BALTIC: INWARD *****81 OUTWARD *****81 T/S *****77 JSMSk BLASCO: INWARD *****79 OUTWARD *****80 T/S *****78 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: INVENTORY: *****59 0 I M W fl AGENTS: KL: 03-*****75/697
      1,135 words

  • Page 32 Advertisements
    • 1534 32 4fc_, AS AGENTS "IC LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL *****77 TELEX: KAWAKI R*****5 FAX: *****^6/7'B/9 T ItT MALAYSIA "K" LINE MARITIME (MALAYSIA) SDN BHD mjj W*J TEL SA *****00 PK *****75 FEN *****0 J6 236'01 PGU 5'8625'6 1 INDONESIA: P.T. SARANA LAUTINTERNUSA. TEL: JKT *****08 EXPOS*
      1,534 words
    • 732 32 PHILI-ORIENT LINGS PT( LTD V 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 06 JAN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 10 JAN AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 28 JAN
      732 words
    • 316 32 GOLDEN LINE A GUAN SHIPPING V>S><\ (PTE) LTD 23. T<W htf Strict SMGAPOM 0104 m *****8* (10 UNES) Fn: *****04 (CD Ho 1012S*****0W) STRAITB/FEMUH GULF SERVICE S'pofe P Kelang Penang J GOIKN HWKSt *»mhi Onto 14/16 ton j OCXKN SIM *i'«h Out* 22/24 ton l CHI HA SERVICE GOIKN WONKR
      316 words

  • Page 33 Advertisements
    • 878 33 f assaglll PACIFIC INTERNATIONAL LINES (PTE) LTD 1 SSSSSSSS UR— 140 Cecil street, #03-00 PIL Building. Singapore 0106. *****55? U CR NO **********0E I VESSEL VOY SIN CMS JIB JED AQJ ADE HOD PZU ASA KOTA WMAYA WJAO3S 30/12 4/1 10/1 12/1 14/1 17/1 20/1 KOTA BERKAT BKTOOS 9/1 14/1
      878 words
    • 1158 33 vessels VOT spore Hamburg rqihroam animat Thames it hark VULfc Dt IUCANA 9531W 04 01 30/01 31/01 ?0/01 31/01 01/0? W.U Dt LTD A 7731W 12/01 04/0? Ot 02 07/0? M/° 2 10/02 VM.Lt Dt VtSTA 7431W 17/01 11/0? 13/0? 14/0? IVO2 17/0? WUt Dt TITANA >331W ?*/01 10/0? »/0?
      1,158 words
    • 394 33 BSA aa MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Kit Pen P Gdf PAGAN V2O4W 03/06 Jan HPA-AN VIB7W 10/12 lan PAGAN V2OSW 20/22 lan MAUYSU AGENTS BOUSTEAD SHPPMG AGENCES KU. IEI 03-*****00 PKL: Ta 03-3M5767 POt TEL 94-*****5 PGD TEI 07-*****1/4 NIGERIAN
      394 words



  • Page 36 Advertisements
    • 2541 36 Fu/I Container Liner Services «w'i 'r«*« Mm**, Central Hgtnts: BooAi«» Ajwh: 6w» Cw« S*W"« Sd» M Ctaaf CM» Sfcwnf S0» M F.T. CMul Mn liHomiu toritim CosUr Shipping Pit Ltd so^*.»-,««. ZZu'ul?"""" NMC -15-00 CMM ChMtcr »f CIIMH/n -*****7 StiM/Of torul EfeM ft* CM*, ***** KX T* (21) *****30 J*****9
      2,541 words

  • Page 37 Advertisements
    • 633 37 lpping limes, inursuay ucicihuci ■>« ww FAMOUS CONTAINER LINES I 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I GOTHENBURG/SCAN 3/1 ROTTERDAM 3/1 I AARHtJS/COPENHAGEN 3/1 HAMBURG/BREMEN 3/1 I MARSEILLE/FRANCE 1/1 FELIXSTOWE/UK I BARCELONA/SPAIN 4/1 LEHAVRE/FRANCE 3/1 I GENOA/ITALY 471 ANTWERP/BELGIUM 3/1 I LOS
      633 words
    • 1015 37 Hi UN IM I 1 VESSEL VOY S j" T 1 VESSEL VOY SIN PEN W CHAIYABHUM 32S Ff! 31/12 Tw 4/1 BUNGA SEROJA 4001 Thu jln pT Sat I 1/1 ■lifwiSFL r VOY SIN 1 BKK 1 BHATRA BHUM 103 Sgt 1/1_ __5Al_ PERKASA 14N Ffi 31/12 Ty 4/1
      1,015 words
    • 646 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 V- D DONCNAMA LINE CONTAINERISED SERVICE STWAITS/BLW/IMC/BBN *SSEI SK B* B» MC HONGKONG aO*f V3I3M 1/1 J/1 5/1 14/1 1«/1 MtfLM V3O7N
      646 words

  • Page 38 Advertisements
    • 1688 38 lAAAMn container lines -n~/\ —|Ag«nts: MAC-NELB SPORE: *****22 (24 LINES) KZJXJ \ZJcZm: 1200S7M000S StBU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (862) *****57 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 2/1 3/1
      1,688 words
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