The Business Times, 5 January 1994

Total Pages: 46
1 46 The Business Times
  • 12 1 Business Times MITA(P) 010/12/93 Wednesday January 5 1994 WE KNOW ASIA 75<
    12 words
  • 2 am LATEST
    • 50 1 Reuter NEW YORK Wall Street stocks rose to new session highs in afternoon trading, helped by firm bonds and solid gains in some key cyclical shares such as Caterpillar Inc and Eastman Kodak. The Dow was up 10.7 points at 3.767.3 at Ipm EST. Rcuter
      Reuter  -  50 words
    • 99 1 Reuter HOUSTON Worldwide spending on exploration and production of crude oil and natural gas will show a rise of about 4.1 per cent in 1994. Salomon Brothers said yesterday. A survey of 280 companies found plans to spend a worldwide total
      Reuter  -  99 words
  • Article, Illustration
    114 1 Stock market indices Tuesday Chang* Sril 2.471.90 30.37 KLSE Composite ...1.313.35 +24.50 Nikkei 17.3*9.74 -47.50 Hang Seng 12.***** +114 60 SEr Index 1.753.73 +70.88 Jakarta C omposite ...599.94 +10.29 CLSA China B 1.462.35 3.37 Aust All Ord 2.174.3 +0.7 FT SE 100 3.408.5 -9.9 Tuesday Previous I pm
    114 words
  • 531 1  -  By Alvin Tay SINGAPORE Interbank rates on Singapore's money market have risen by nearly one percentage point in the past month, indicating that the 2'/z-year downward trend in interest rates could be set for a reversal. Yesterday, the threemonth interbank rate
    Source: Bloomberg  -  531 words
  • 165 1 Reuter HONGKONG China's paramount leader Deng Xiaoping has again warned that Beijing could take back the British colony ahead of the 1997 handover date, according to a Bei-jing-linked magazine. The Mirror quoted Mr Deng as saying: "The timetable for taking Hongkong back
    Reuter  -  165 words
  • 322 1  -  By R Sivanithy SINGAPORE The region's five major stock markets yesterday showed little signs of weakness as all soared to new record levels. In Singapore, dealers were surprised by the market's strength as the Straits Times Industrials Index added another 30.37 points to a new
    Reuter  -  322 words
  • 528 1  -  By Sylvia Wong SINGAPORE The Hong Leong group relinquished its stake in Apollo Enterprises on Monday by placing out its entire stake in the hotel and property group. The sale of the shares believed to be taken up by several parties comes five
    528 words
  • 310 1  -  By Paul Leo SINGAPORE Expectations that Malaysian interest rates will firm up following the increase in bank statutory reserve requirement helped lift the ringgit against the US dollar by nearly 2 per cent, or five sen, to M 52.6355. Also contributing to
    Source: Tele  -  310 words
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    • 181 1 1 CONTENTS News Companies S'pore News 2 17.18.19 Regional News 3,4,6 Financial 20 World News 8 Fetter** Martlets Analysis 15 Ctob/KLSE. SES 24-26 Editorial 14 Regional 22 Sports 9 World 23 TV/Lifestyle 11 Currencies 20 Stmex/Coiwno .20.21 SukscriptiM Tel 1800-*****77 Fa> *****75 IT E4tt*ri*l Tel *****18 Fax *****71 BREITLING 1884
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    • 18 1 Regional Analysis: 12 The business of the environment 1994 is a do-or-die year for China's economy, Page 15
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    • 15 1 Hock Lock Siew: Py /nr The Keppel-Sembawang rnjatry How Sesdaq stocks stack up. Page 17
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    • 4 1 Full reports. Pages 22-26
      4 words
    • 116 1 The Bmfb/rt Line: Pg 16 -Need to\reform Aussie jobs market Dauphin "Sitzkultur". A company's strength lies in the Backbone of its staff. With the Dauphin CL7980 for sour corporate image, but also the tall and not-so-tall pooplo, attitudes of all those who use it. you can strengthen the backbone FOR
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • 290 2  -  By I Teh Hooi Ling HERE'S another indicator that reflects the buoyant state of the financial services sector last year: the number of newspaper job advertisements placed by the banking and finance industry. Financial institutions placed a total of 1.870 ads for staff in
        Source: Straits Times Appointments Notices  -  290 words
    • 528 2  -  I INDUSTRY UPDATE I Reports by Ven Sreenivasan THERE has been a big increase in the number of loeal firms taking up Economie Development Board assistance programmes. The take-up rates for programmes such as the Local Industry Technical Assistance Scheme and the
      528 words
    • 325 2 THE engineering and information teehnology-based Oakwell Engineering group has plans to apply for publie listing once its current restructuring exercise is completed. Founder and managing director of Oakwell Engineering. Low Beng Tin. revealed yesterday that some of the companies within
      Photo by Arthur Lee  -  325 words
    • 215 2 YEO CHEOW TONG said yesterday he looked forward to the challenges that lie ahead for him as the new Minister for Trade and Industry, even though it meant he would have "a lot more reading to do". This will allow him to understand the
      215 words
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  • THE REGION
    • 528 3 Reuter WASHINGTON Prisoner-of-war activists and their allies have launched a New Year's drive to head off any early scrapping of the US trade embargo against Vietnam. Backed by sympathetic lawmakers and key veterans* groups, the activists seemed likely to
      Reuter  -  528 words
    • 278 3 BANGKOK The Kader Industrial (Thailand) doll factory, the scene of the world's worst factory fire, claiming nearly 200 lives last May and injuring hundreds more, is re-emerging from the ashes. The Nation newspaper yesterday reported that the company, struggling to
      278 words
    • 319 3 BANGKOK The Thai Interior Ministry is gathering information on the estimated 10 million illegal immigrants in the country and will consider the possibility of legitimising them to offset the shortage of unskilled labour. The Nation newspaper yesterday said ministry chief General
      319 words
    • 176 3 BANGKOK Thailand should remain a food supplier to the world because of the advantages it brings to the country. Deputy Prime Minister Amnuay Viravan yesterday said that farm product prices in 1994 would be higher, which was one reason so many economic institutions
      176 words
    • 188 3 AP HANOI Vietnam has licensed its second-largest foreign investment project, a textile manufacturing complex which a Malaysian firm will build in Ho Chi Minh City. The licence was granted last week to the Hualong Corp (M) Sdn Bhd of Malaysia. Nguyen Quoc Hung of
      AP  -  188 words
    • 380 3 Reuter JAKARTA Britain's Chancellor of the Exchequer Kenneth Clarke yesterday said his country wanted to increase its involvement in Indonesian projects. Mr Clarke, on a six-day visit to the world's fourth most populous nation, met President Suharto and
      Reuter  -  380 words
    • 361 4 UPI BEIJING Warning China about its textile industry's "massive" illegal exports, the United States on Monday invited Chinese negotiators to Washington this week to negotiate a new textile pact. Washington could stop imports from China if a nowexpired textile quota agreement is not
      UPI  -  361 words
    • 454 4 Reuter AP BEIJING In new revelations of the widespread corruption in China, official media said yesterday more than 300.000 officials in just one province. Anhui. stole public funds. It was also reported that Bank of China employees embezzled 25 million yuan
      Reuter; AP  -  454 words
    • ASIA NOTES
      • 67 4 Reuter JAKARTA Indonesia said yesterday it would "nominate itself this year for a non-permanent UN Security Council seat to replace Pakistan". The country wished to "represent Asia in 1995-96", Foreign Minister Ali Alatas said, reflecting Jakarta's bid for a bigger international role. It heads the
        Reuter  -  67 words
      • 91 4 Reuter PHNOM PENH Cambodia's armed forces yesterday warned the Khmer Rouge of an imminent attack and urged guerillas to defect to avoid what analysts said could be the biggest anti-rebel offensive in five years. The ultimate aim of the dry-season offensive was the recapture
        Reuter  -  91 words
      • 59 4 UPI HONGKONG Shanghai. China's commercial centre, lured a record USS7 billion (SSI 1.2 billion) in foreign investment in 1993 as the Chinese economy roared ahead. While Shanghai catered to the booming domestic market, the southern city of Shenzhen replaced Shanghai as China's biggest exporting port
        UPI  -  59 words
      • 81 4 AFP BEIJING China is well on its way to becoming the largest single market for US credit card giant Mastercard. Visiting Mastercard president Alex Hart said China, now ranked second only to the United States in sales volume, "might well be (Mastercard's) largest market
        AFP  -  81 words
    • 35 4 Reuter BEIJING A cyclist rides yesterday past newly constructed apartment blocks, the product of economic reforms which have sparked a boom in residential and commercial construction here. Reuter
      Reuter  -  35 words
    • 105 4 AFP BEIJING Sales of personal computers in China totalled 350,000 last year, an increase of 40 per cent over the previous year, the English-language China Daily reported yesterday. Sales, which have risen an average of 30 per cent a year over the
      AFP  -  105 words
    • 195 4 Reuter AFP SEOUL South Korea's top 30 business conglomerates or chaebol are expected to raise their capital investment by 45 per cent in 1994, according to a leading economic daily. A survey conducted by the Slaeil Kyungje daily showed the top 30 chaebol
      Reuter; AFP  -  195 words
    • 141 4 Contractors 1 foreign orders rise 84pc AP SEOUL South Korean contractors were awarded USSS.I billion (SSB.I billion) worth of construction orders abroad in 1993, up 83.9 per cent from the previous year, government officials said yesterday. The largest combined market was among South-east Asian countries, which gave South Korean firms
      AP  -  141 words
    • 487 4 Reuter BEIJING China's effective devaluation of its currency will not stop an import boom that will cause a second consecutive trade deficit in 1994. economists say. They say gross national product growth of at least 10 per cent this year and cuts
      Reuter  -  487 words
    • 233 4 UPI BEIJING China will hit foreign and domestic mining companies with a 4 per cent tax on sales income this year to finance exploration, a state-run newspaper said yesterday. Foreign businessmen said the new tax. similar to the royalty tax used in
      UPI  -  233 words
    • 629 4 AFP CHANGSHA. China Tired of playing understudy to China's coastal trading powerhouses, the landlocked central province of Hunan is primed to take a meatier role on the country's economic stage. With an abundance of raw materials and a vast labour force,
      AFP  -  629 words
    • 344 6 Reuter BOMBAY India is expected to launch a new round of economic reforms after Finance Minister Manmohan Singh kept his job with what analysts see as a fresh mandate because of widescale rejection of his resignation offer. With the defection of an opposition faction
      Reuter  -  344 words
    • 373 6 AFP SYDNEY International investors are delivering their verdict on Australia's economy in 1994, fuelling a rally on the domestic currency and stock market, analysts said yesterday. Sparkling gold prices also bolstered the Australian dollar, which jumped about one US cent during the New
      AFP  -  373 words
    • 379 6 Reuter DHAKA Up to 50.000 women and children in Bangladesh make their living by picking up polythene bags from garbage dumps, drains and street comers, to sell them at factories or shopping malls. But their livelihood, and that of heavily indebted polythene
      Reuter  -  379 words
    • 359 6 Reuter CANBERRA Australia's food and beverage industry, facing limited growth potential in the domestic market, must rely on exports to Asia for continued strong growth. In a report yesterday, the Australian government said the country's domestic food and beverage market was
      Reuter  -  359 words
    • 147 6 AFP TOKYO A Japanese transport firm has drawn up plans to build a spcetacular pair of bridges that would link Japan with Russia a mammoth project that would take 10 years to complete. Takashi Miyamoto, president of Jeuro Container Transport Inc. said a
      AFP  -  147 words
  • Page 3 Advertisements
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      103 words

  • Page 4 Advertisements
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  • Page 6 Advertisements
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  • Page 7 Advertisements
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      314 words

  • THE WORLD
    • 483 8 NYT NEW YORK As the American economy heads into the new \ear. it is consumers rather than business or government who are fuelling growth. But while most economists expect consumers to slow down at least a little this year, most forecasters
      NYT  -  483 words
    • WORLD WATCH
      • 76 8 Bloomberg Business News LONDON The number of British businesses going bankrupt in 1993 fell 18 per cent to 22.116 from 27,150 in the previous >ear. the Financial Times reported yesterday. The number of receiverships fell 37 per cent to 2.900 while the number of voluntary
        Bloomberg Business News  -  76 words
      • 84 8 AFP PARIS The number of French companies which failed in 1993 rose by 11.2 per cent from the figure in 1992 to 68.111, the president of the French credit insurance company SFAC, Paul Henri Denieuil. said yesterday. This was the lowest rate of increase since
        AFP  -  84 words
      • 34 8 AFP ZAGREB The special representative of the United Nations Secretary-General in former Yugoslavia. Yasushi Akashi (right), leaving the aircraft on his arrival at the Croatian capital on Mondav. AFP
        AFP  -  34 words
      • 74 8 Bloomberg Business News LONDON Of 6.400 companies surveyed by accountancy firm KPMG Peat Marwick. nearly half of British exporters say they have reaped no benefits from the year-old European single market. the Financial limes said yesterday. More than half the companies surveyed said the
        Bloomberg Business News  -  74 words
    • 262 8 AFP WASHINGTON The US and Japan are far apart in trade negotiations, particularly with regard to cars, according to a senior Commerce Department official. "There's miles to go before any common ground seems to be in sight," Jeffrey Garten, Undersecretary
      AFP  -  262 words
    • 282 8 Reuter LONDON The British government said it has launched a review of UK media ownership laws which could make it easier for newspaper owners to enter commercial television. National Heritage Secretary Peter Brooke, the minister responsible for press and broadcasting. said rapid technological advances
      Reuter  -  282 words
    • 368 8 AP Reuter HIDALGO, Texas With the exception of some disappointed Mexican tourists, life was little changed at this border crossing on the first business day of the North American Free Trade Agreement. it will be some time before exporters and importers
      AP; Reuter  -  368 words
    • 46 8 Reuter JERUSALEM Thousands of right-wing Israelis converging in stormy weather on the Wailing Wall in the Old City during mass prayer and protest on Monday, calling on God to save the Jewish state from the pro-peace policies of the government. Reuter
      Reuter  -  46 words
    • 432 8 Tug-of-war likely to continue till decision on MFN status Reuter WASHINGTON The Clinton administration appears divided over China's human rights record, which could be the key to continued US trade benefits for Beijing and to improved ties between the two countries. The diversity of
      Reuter  -  432 words
    • 384 8 AFP VIENNA Western firms have declared war on the eastern European counterfeiters who have been costing them millions of dollars since free trade surfaced with the fall of the former communist bloc in 1989. A recent study in the specialist review
      AFP  -  384 words
    • 507 8 Bloomberg Business News FRANKFURT The German government wants more small investors. The problem, financial experts say. is that its way of attracting them may lure more foreigners than Germans to the nation s equity markets, which may do little to improve the
      Bloomberg Business News  -  507 words
  • Page 8 Advertisements
    • 241 8 IftESd GST UPDATE •> e•< >iI 4 r ii 4 5 <tj*S f I *1 #f is I i rOS t 5 •> v t ?c•>; i j s«* e »?v -1 > <5* M 'fvv,;;' '3W i i'z§~ I ♦8 'i sgaHmjfi "1 Miili C W I -I ii
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  • SPORTS
    • 563 9 Hopman Cup AP PERTH Petr Korda scored an impressive pair of back-to-back victories yesterday, giving the top-seeded Czech Republic a 2-1 victory over Switzerland in the Hopman Cup team tennis championship at the Burswood Dome. Korda overwhelmed Jakob Hlasek 6-0, 6-2 in
      AP; Reuter  -  563 words
    • 506 9 AP ADELAIDE Top-seeded Thomas Muster of Austria, winner of seven tournaments in 1993, beat American Bryan Shelton 6-2, 6-2 yesterday in the first round of the Australian hardcourt tennis championships. Defending champion Nicklas Kulti of Sweden sent sec-ond-seeded Marc Rosset of Switzerland packing, beating the
      AP  -  506 words
    • SPORT SHORTS
      • 18 9 Reuter NEW YORK Result of game played on Monday: Philadelphia 37 San Francisco 34 (OT). Reuter
        Reuter  -  18 words
      • Article, Illustration
        197 9 AFP AP Reuter NEW YORK The National Basketball Association on Monday fined half a dozen players for fighting during last Wednesday's game between the Lakers and the SuperSonics. Lakers' Doug Christie was fined U553,500 (555.630) for starting the fracas. He pushed Seattle's Ricky Pierce, who was fined U552.500 for
        AFP; AP; Reuter  -  197 words
      • Article, Illustration
        20 9 Reuter NEW YORK Results of games played on Monda>: NY Rangers 3 Florida 2; Pittsburgh 4 Ottawa 1.
        Reuter  -  20 words
      • Article, Illustration
        48 9 Reuter WELLINGTON Legendary All Black kicking machine Grant Fox, who pulled out of international rugby last year, announced his retirement from all rugby yesterday. The 31-vear-old tlyhalf said that work and family commitments were the main reasons behind his decision to end a 10-year international career. Reuter
        Reuter  -  48 words
      • Article, Illustration
        55 9 UPI ROME Wayward English star Paul Gascoigne broke a rib in La- zio's weekend Italian First Division match against Sampdoria, the rome clubs doctor has confirmed. Gascoigne, who has played in only seven of Lazio's 17 league matches this season through injury, went off just after half-time after excelling
        UPI  -  55 words
      • Article, Illustration
        356 9 AP AP AFP AP ADELAIDE, Australia French Open champion Sergi Bruguera of Spain has withdrawn from this month's Australian Open in Melbourne. a tournament official said Tuesday. The world's fourth-rank-ed player advised organisers of next week's Rio international exhibition here that he would not come to Australia. AP PERTH
        AP; AFP  -  356 words
    • 340 9 AP BOGOTA, Colombia Star Rene Higuita was surrounded by cheering soccer fans on Vfonday as he ended seven months in jail, stirring hopes that he may play in the 1994 World Cup. One of the world's most celebrated goalkeepers. Higuita was released after
      AP  -  340 words
    • 674 9  -  With the Super Bowl play-offs in mind. Thomas George finds out... Thomas George NYT NEW YORK The end of the National Football League regular season always reveals who's in and who's out. what's new and what's left to look for in the
      NYT  -  674 words
  • Page 9 Advertisements
    • 1048 9 BUSINESS TIMES TOLL FREE TEL.. No. 1 -BQO-741-1883 FAX:74t-1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF TAN SENA INSURANCE BROKERS PTE LTD iIN MEMBERS' VOLUNTARY WINDING -UPI NOTICE IS HEREBYGIVEN in pursuance of Section 308(1(of it* Companies Acl. Cap 50 thai a final
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    • 433 9 NOTICE OF FINAL MEETING THE COMPANIES ACT.CAP. SO MAYSON INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Notice is hereby given pursuant to Section 308 of The Companies Act, Cap 50 that the Final Meeting of Members of the abovenamed Company wiN be held at 24, Jalan Yasin, Singapore 1441 on
      433 words

  • Page 10 Advertisements
    • 1275 10 Noll king Beats A Bud. where to wine, dine and entertain P*INC OF HKEKS^^ °)7tßnon us The "Quests' star is alive and well with full of Soul Rock 'a' Roll. VERNON CORNELIUS PLUS performs at CONNECTIONS from 9pm to 2am nightly (except Sundays). The Richmond Connection DJs also entertain from
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  • LIFESTYLE
    • 953 11  -  Rising costs and thinning audiences are bringing the curtains down on straight plays, reports Glenn Collins Glenn Collins NYT WHEN Lynn Redgrave's one-woman show, "Shakespeare for My Father", closed on Sunday night at the Helen Hayes Theatre, it left only three commercial plays running on Broadway:
      NYT  -  953 words
  • Page 11 Advertisements
    • 328 11 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BIK 833 *01 -03 ROYALVILLE BUKIT TIMAH ROAD SINGAPORE 1027
      328 words
    • 61 11 A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only $32** per adult and $16** for children under 14. The $55** Champagne Brunch includes a hottle of the bubbly for two. Cheers! the C s Singapore A Four Seasons
      61 words
    • 11 11 C hatterbox has been held o\er due to pressure on space
      11 words
  • Page 11 Miscellaneous
    • 1305 11 TV RADIO Cold Sassy Tree, lOpni, SBC > There's a of hullabaloo in BVjBP' Cold Sassy when Grandpa Blakcslcc (Richard Widmark) K wSwttkz. marries a milliner (Faye Duna- a way) a fortnight after his wife dies. His children fight against the threat to their inheritance. l Highlander, 8.30pm, SBC 5
      1,305 words

  • REGIONAL ANALYSIS
    • 1147 12  -  Special to BT The business of the environment DARRYL D'MONTE DARRYL D'MONTE The writer is president of the Paris-based International Federation of Environmental Journalists, and resident editor of The Times of India, Bombay Following the world's worst industrial disaster in Bhopal nine years ago,
      1,147 words
    • 1457 12  -  FACE TO FACE Maurice Strong speaks to Nirmal Ghosh aoout the link between environment and economic development Nirmal Ghosh MAURICE STRONG has been more committed than most to resolving environmental issues. Among his roles was that of Secretary-General of the path-breaking 1992 Earth
      1,457 words
    • 1126 13  -  Special to BT The business of the environment CHEE YOKE LING CHEE YOKE LING The author is a lawyer with Sahabat Alam Malaysia (Friends of the Environment Malaysia), which is the secretariat for the Asia-Pacific Peoples' Environment Network (APPEN). She is currently working for APPEN out
      1,126 words
    • 1073 13  -  Special to BT VANDANA SHIVA VANDANA SHIVA The writer heads the Research Foundation for Science, Technology and Natural Resource Policy, which runs India s national biodiversity conservation programme THE rapid deforestation throughout the world has highlighted biodiversity as an important basis for sustainable
      1,073 words


  • 535 14 EDITORIAL LONG dubbed "the siek man of Asia", the Philippine economy is now recording some numbers to cheer about. President Fidel Ramos, in a nationally-televised New Year address this week, predicted that the economy was on the verge of a sustained surge. After an estimated 2.5
    535 words
  • WHAT THE OTHERS SAY
    • 287 14 IT IS APT THAT Prime Minister Goh Chok Tong has chosen this year to step up efforts to solve Singapore's ageing problem. 1994 has been designated the Year of the Family by the United Nations and the ageing problem here is essentially a result of
      287 words
    • 131 14 THE RESULTS OF the first intensive maths programme between Mendaki and the People's Association are unbelievable. With a pass rate of 93 per cent, it is well above the targeted 62 per cent. This means with good exposure, dedicated tutors and supportive parents, Malay students can excel in
      131 words
    • 246 14 THE MOVE TO restrict entry only during peak hours is not the ideal solution to traffic congestion in the city. The reason is obvious. Many motorists can, in fact, make arrangements to enter at other times of the day. With the whole-day Area Licensing Scheme (ALS), motorists have
      246 words
    • 195 14 HONGKONG'S best achievement in 1993 was in the field at which it is best: business. Otherwise, it was largely a year of setback or stagnation. The business success, however, was astounding. The Hang Seng Index more than doubled, from 5.512 to a lucky 11,888. Business prospered and
      195 words
    • 225 14 TO JUDGE BY statements made near the end of the past year by several of our top government officials and bolstered by developments occurring at around the same period of time it seems that it is safe for us to predict that much of the political
      225 words
  • 870 14  -  The Group of Seven industrialised nations is going out of fashion, writes Roger Cohen Roger Cohen NYT Remember the g-7, the group of major industrialised nations that gathers every year in circumstances of considerable pomp to dream up new inspiration for the world economy? It is
    NYT  -  870 words
  • Page 14 Advertisements
    • 42 14 I YOUR CHANCE TO WIN KIM ENG SHARES JANUARY 1994 $4 When will die party end? Picking Japanese 1994's funds: How winning much headed stocks this way? Spotlights: C&C, Wing Tai ON SALE Published by Times Periodicals member of SINGAPORE PRESS HOLDINGS
      42 words
  • Page 14 Miscellaneous
    • 105 14 come to \nvcmC€ numBCI?... V M NOT KeeM eMJOV -me x —fv* ogneßN oh -mese D'nmgj? co^eßS«TioN... NUf<^ DiMNef? pimd f v v. <W i EeFefc Woo TO A\ <3*- uefT£f? u)RoT€ C ASSOCIATED NEWSFftKHS ITP, IMHW) Q»j TMIRD I tOM, POONESBURY GARRY TRUDEAU fAMlN^^fiSJpONrrtt£ I'LL L£T YOU KNOUJ I'VE
      105 words

  • ANALYSIS
    • 2010 15  -  Vikram Khanna looks at what is in store for China in the year ahead Vikram Khanna HINA watchers are no m doubt bracing them- selves. This will be no ordinary year for China. It is not the tea-leaves which have indicated so. Instead, a foretaste
      Source: Chinese official statistics, Memll Lynch & Co  -  2,010 words
    • 931 15  -  A recent report by the Internal Revenue Service has renewed the debate over the amount of tax Japanese companies in the US pay. Dave Ahearn and Steve Dryden report Dave Ahearn and Steve Dryden Bloomberg Business News AS US President Bill Clinton prepares to meet
      Bloomberg Business News  -  931 words
  • Page 15 Advertisements
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  • 510 16 AP AFP TOKYO Japan's 11 leading commercial banks have been holding 15.96 trillion yen (U*****.4 billion) in bad loans far more than has been made public, a Japanese newspaper said yesterday. The daily Yomiuri Shimbun said its own survey
    AP; AFP  -  510 words
  • 526 16 Bloomberg Business News Reuter TOKYO Prime Minister Morihiro Hosokawa, attempting to calm jitters about his tenuous hold on power, said yesterday that he had no plans to call snap elections or resign if he failed a crucial leadership
    Bloomberg Business News; Reuter  -  526 words
  • 156 16 AFP BEIJING Two Russian and Chinese border cities have published an agreement to set up the first free trade zone spanning the Sino-Russian frontier. The Xinhua news agency yesterday said the agreement, between Heihe in the Chinese province of Heilongjiang and Blagoveshchensk in
    AFP  -  156 words
  • 275 16 AP WASHINGTON North Korea has tentatively agreed to bow to US demands and allow international monitors to inspect seven of its declared nuclear facilities, according to published reports yesterday. If final agreement is reached, it could ease tensions between the
    AP  -  275 words
  • 39 16 AFP photo KOK SABANG, Thailand Thai border patrolmen retrieving a Thai farmer killed in his field a few days ago by shrapnel from a battle between Cambodian government and Khmer Rouge forces. AFP photo
    AFP photo  -  39 words
  • 237 16 Reuter TAIPEI Taiwan, developing its west coast in preparation for closer economic tics with China, will seek investment from domestic and foreign firms to build its largest industrial zone at a cost of USS9 billion (5514.5 billion). The zone, covering 10.586 hectares of
    Reuter  -  237 words
  • 790 16  -  The Bottom Line PETER OSBORNE PETER OSBORNE The writer is a BT correspondent WHILE the dynamic Asian economies continue to lead global growth, Australia's sluggish economy continues to sustain one of the industrialised world's worst unemployment rates. But Australia is poised to
    790 words
  • 289 16 Reuter Bloomberg Business News WASHINGTON MCI Communications Corp says it and several partners will spend USS2O billion (SS32 billion) to build a transcontinental telecommunications information highway for consumers, businesses, research facilities and government agencies. MCI yesterday said it and several partners
    Reuter; Bloomberg Business News  -  289 words
  • 383 16 Reuter WASHINGTON Deputy finance ministers from the Group of Seven industrial nations agreed at a meeting last month on the need for further, gradual cuts in European interest rates, international monetary sources said yesterday. "There was a consensus that a
    Reuter  -  383 words
  • Page 16 Advertisements
    • 67 16 !$=+!/,=:)>$"&*[:>+*~_\---=^)&' 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 Ix>cal Marketing Agent
      67 words
    • 31 16 j KAISER KITCHEN SYSTEM No 2 jurong East St 21, IMM Bldg W3-180, Singapore 22b0 Tei sf>3 2403 (.Opening Hourv 11am Id Bpm daih G-7 lagging more than leading. Pg 14
      31 words

  • COMPANIES & MARKETS
    • 379 17  -  From Al Labita in MANILA A FILIPINO-Singaporean consortium has complained about alleged violations of bidding rules in the recent sale of the Philippine Shipyard and Engineering Corp (Philseco). The government would investigate the matter, according to a senior official yesterday.
      379 words
    • 731 17  -  HOCK^ By Conrad Raj SINGAPORE The rivalry between the Keppel and Sembawang groups took another twist last week. Only weeks after describing as "unfair" the right given to Japan's Kawasaki Heavy Industries to top the winning bid for Philippine Shipyard Engineering
      731 words
    • 788 17  -  Ranking of Sesdaq firms by market cap By Quak Hiang Whai SINGAPORE Second board Sesdaq was valued at $3.81 billion at the end of last year, with a single company, Goldtron, accounting for a fifth of this. After being in the doldrums for
      788 words
    • 225 17 Bloomberg Business News TAIPEI The Oversea-Chi-nese Banking Corp of Singapore has applied to boost its investments in Taiwan stocks by US$l5 million (5524.15 million), the Securities and Exchange Commission (SEC) said yesterday. Foreign financial institutions. allowed to purchase Taiwan
      Bloomberg Business News  -  225 words
    • 286 17  -  By Abdul Hadhi SINGAPORE Listed First Capital Corp (FCC) has taken an indirect stake in a land development project in Shanghai. In an announcement yesterday. the property developer said it had joined up with related companies. Hongkong's Guoco Group Ltd and Malaysia's
      286 words
    • 159 17 SINGAPORE DBS Bank yesterday said that it has received around 80 notices for conversion of its non-redeem-able convertible preference shares (NCPS). A DBS spokesman also said that about 400 additional conversion forms have been issued to NCPS holders. The NCPS were issued last
      159 words
    • Article, Illustration
      379 17 Source: Bridge Info Performance of STII's Index stocks Jan 4 IjisI Seas* Index Slock sale C'hce factor moters <i> N \\imo 2.470 -0 130 147 -6 28 C&t *800 0 200 5 2 2 9 66 CWT 3 300 0 180 196 8 70 ctvbOi 8 000 0 400
      Source: Bridge Info  -  379 words
    • COMPANIES
      • COMPANY BRIEFS
        • 126 18 SINGAPORE Yeo Hiap Seng Ltd has entered into a joint venture, ealled Yeo Hiap Seng (Bei Hai) Pte Ltd, with Kelly and Co of Hongkong and Guangxi Bei Hai Ocean Fishery Co of China. The joint venture is on a 60:20:20 basis respectively
          126 words
        • 48 18 SINGAPORE Pacific Can Investment Holdings Ltd has received a notification of substantial shareholding from Chan Cheu Leong, dated Jan 3. Mr Chan is now the beneficial owner of 3.46 million shares, which represent 5.016 per cent ot the paid-up capital in Pacific Can.
          48 words
        • 77 18 Bernama KUALA LUMPUR Malaysian Resources Corp Bhd yesterday announced it had sold 4.35 million ordinary shares of SS 1 each in Van Der Horst Ltd at an average price of 556.50 per share amounting to 5528.27 million on the open market. The proceeds
          Bernama  -  77 words
        • 80 18 Reuter KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) has imposed a restriction on the trading of Aokam Perdana Bhd loan stocks after the price surged yesterday. Aokam loan stocks rose 83 sen or 67.5 per cent to M 52.06 on a volume of
          Reuter  -  80 words
        • 47 18 SINGAPORE Listed construction group Guthrie GTS has appointed Peter McMillan as its group general manager with effect from Jan 1. Mr McMillan will oversee and streamline the existing operations of the Guthrie group of companies and its business development in Singapore and abroad.
          47 words
      • 367 18  -  By Joseph Rajendran SINGAPORE Sunright, which has won in-principle approval for a listing on the Stock Exchange of Singapore, has started selling specialised semiconductor software for the first time. It has also set up a joint venture with Rood Technology of the Netherlands. Managing director
        367 words
      • 208 18 Bernama KUALA LUMPUR Westmont Bhd has entered into an agreement with Chan Family Investment Corporation Ltd of Hongkong to dispose of 625.000 shares of HKSIO each in Whampoa Textile Ltd. In a statement on behalf of the company yesterday, Utama Wardley Bhd said the disposal,
        Bernama  -  208 words
      • 187 18 Bernama KUALA LUMPUR Hong Leong Credit Bhd has acquired the entire paid-up capital of 120 million shares in MUI Bank Bhd for M 5695.62 million cash. In a statement yesterday. Hong Leong Credit said it acquired 119.902,967 shares of MS 1.00
        Bernama  -  187 words
      • 220 18 UPI MANILA Petron Corp. the Philippines' most profitable state-owned firm, has applied to offer 15 per cent of its stock to the public and 5 per cent to its employees in April. The Securities and Exchange Commission said yesterday the company expected to
        UPI  -  220 words
      • 196 18 Reuter MANILA Hopewell Holdings plans to build another power plant with a I .(XX)-2.(XX) megawatt eapaeity in northern Philippines. "We are eommitted to he major stakeholders in the progress of this country." a company statement said, citing a letter written by
        Reuter  -  196 words
      • 886 18 FT LONDON "Nearly everyone who owned shares in the UK used to hold shares in some funny rubber company," says Edwin Hadsley-Chaplin, chairman of Rowe Evans Investments. His company is now one of the few still listed under the Plantations
        FT  -  886 words
      • Article, Illustration
        51 18 Reuter TOKYO Dealers starting trade during 1994's opening session of the Tokyo Stock Exchange yesterday. The stocks closed a half-day of trading mixed after largely recovering from early falls triggered by weak futures prices. The Nikkei index fell 47.50 points, or 0.27 per cent, to finish at 17,369.74.
        Reuter  -  51 words
      • 131 18 Bloomberg Business News BANGKOK The board of directors of Union Bank of Bangkok. Thailand's third smallest commercial bank, has voted to split the bank's shares 10-for-one. In a report filed yesterday with the Stock Exchange of Thailand, the directors said the share
        Bloomberg Business News  -  131 words
      • 532 18 UNIT TRUSTS FUNDS Managers' print Jan 5 inihond 1.03 I 055\d United Gr Fund' 1.75 l.82xd Singapore Unit Trust united A«a Fund 2.14 2 2*%&The Commerce I.W 2 03 NTUC Income ThcSivmr Fuad 1.77 I.M Income Bond PUfccv 4 84 5.01 S pure Prog Fund 0.77 0 81 S'pore See
        532 words
      • 199 18 Bernama KUALA LUMPUR Golden Hope Plantations Bhd's first integrated plantation eomplex. Ladang Bukit Lawang. was yesterday partially handed over to state education body Yayasan Pelajaran Johor (YPJ). The plantation complex combines the cultivation and processing of three major crops oil palm,
        Bernama  -  199 words
      • 589 19 Reuter NEW YORK Federated Department Stores Co fired the first shot in what looks like a developing battle for control of R H Macy Co, the giant department store company opcrating under Chapter 11. Bv purchasing, for U*****.3 million (*****.5
        Reuter  -  589 words
      • 158 19 Reuter HONGKONG Hongkong Land Holdings said the company and Sun Hung Kai Properties Ltd (SHK) have entered into a 50/50 joint venture agreement to develop a residential complex on a site owned by Hongkong Land. Under the deal SHK has acquired, for an
        Reuter  -  158 words
      • 180 19 Bloomberg Business News HONGKONG SHK Hongkong Industries says it intends to sell a 13.5 per cent stake in San Miguel Brewery, the Hongkong beer maker, at a price of HKS7.SO per share for a total HK5378.8 million (5578.9 million). In a
        Bloomberg Business News  -  180 words
      • COMPANY BRIEFS
        • 57 19 Reuter TOKYO The Japanese government may allow firms to buy back their own shares with certain restrictions from April 1995. the Xikkci newspaper reported. A Ministry of Justice official said details of the proposal may be announced in February, but declined to
          Reuter  -  57 words
        • 86 19 Reuter TOKYO Kawasaki Heavy Industries Ltd said it will set up a joint venture with three Indonesian firms in May to produce and market mopeds in Indonesia. The new company. FT Kawasaki Motor Indonesia, capitalised at USSIO million, will be 51 per cent-owned
          Reuter  -  86 words
        • 70 19 Bloomberg Business News TOKYO Major Japanese electronies maker Hitaehi Ltd will reorganise its eolour television manufacturing operations in Asia to rely more on production in China, the Nikkei newspaper said. From April, the company will boost by 15 per cent the number of
          Bloomberg Business News  -  70 words
        • 91 19 Bloomberg Business News HONGKONG Hongkong computer disk manufacturer Hanny Magnetics (Holdings) l td said its net profit rose 37 per cent to HKSX2.4 million (5517.2 million) in the six months ended Sep 30. from HKSbO. 1 million in the same period last year. I
          Bloomberg Business News  -  91 words
        • 54 19 Bloomberg Business News HONGKONG I ccfung-Asco Printers Holdings said continued price competition from Luropean printers led to an 82.7 per cent decline in net profit for the six months ended Sep 30. Profit declined to HKS4.4 million <SS 4 >IK.(KM)) from HK525.2 million in the
          Bloomberg Business News  -  54 words
      • 312 19  -  By Claire Leow SINGAPORE Western Digital, the Galifornian disk drive company, announced that it has sold its California chip plant to Motorola Inc. Of the estimated USSI 10.6 million (SSI 78.2 million) it will receive, about US$95 million will be used to slash
        312 words
      • 233 19 UK properties contribute to 109 pc rise in group NTA Bloomberg Business News HONGKONG Sino Land Go says its Hongkong real estate investments have dramatically increased in value, leading to a 109.4 per cent rise in the group's net tangible asset value to HK532.03 billion
        Bloomberg Business News  -  233 words
      • 733 19 MARKET AP BEIJING A Chinese businessman who misappropriated USS 172.0(H) (*****.000) in company funds late last year to play the stock market was horrified to find he was losing money. He had put all of it into the Sanshan Co. but
        AP  -  733 words
    • FINANCE & COMMODITIES
      • 329 20  -  By Soh Tiang Keng SINGAPORE The Singapore International Monetary Exchange ended last year on a high note, with trading volume reaching 15.7 million lots. The total turnover represents a creditable 29 per cent increase over 12.2 million lots in the previous year.
        Source: Simex  -  329 words
      • 304 20  -  By Shiv Taneja SINGAPORE South-east Asian currencies are likely to remain very strong against the US dollar this year, except for the Indonesian rupiah, says a senior banker. The Singapore dollar and Malaysian ringgit are expected to appreciate against the
        304 words
      • 333 20 Reuter KUALA LUMPUR Malaysia will consider a cut in oil production if the Organisation of Petroleum Exporting Countries and other producers curb their output, a Malaysian minister said. "We are quite willing to consider it (output cut)
        Reuter  -  333 words
      • SMALL CHANGE
        • 62 20 Reuter MANILA The Manila Electric Co (Meralco), the Philippines' biggest electricity distributor, plans to float US$lOO million (SSI6I million) in Eurobonds in the second quarter of 1994 to raise funds for expansion, said senior vice-president Benito de la Cruz. Meralco has embarked on a
          Reuter  -  62 words
        • 72 20 Bloomberg Business News CHICAGO The Chicago Mercantile Exchange said its trading volume grew 17.6 per cent last year to a record US$lOO trillion, up from USSBS trillion the year before. The exchange handled 146 million futures contracts last year, a 8.9 per cent gain from
          Bloomberg Business News  -  72 words
        • 87 20 Knight-Ridder HONGKONG Jardine Fleming Bank has received a mandate from an unrated Hongkong corporation to lead manage a 10-year Hongkong dollar bond issue with an 8 per cent coupon, market sources said yesterday. Jardine Fleming in price talk has mentioned a yield to maturity
          Knight-Ridder  -  87 words
        • 77 20 Reuter LONDON Australia's Westpac Banking Corp said yesterday it had obtained regulatory approval to complete the sale of Mase Westpac Ltd to Republic National Bank of New York. It told the London Stock Exchange that the US buyer intended to continue and expand all
          Reuter  -  77 words
      • 252 20 HONGKONG Bank of East Asia, one of Hongkong's largest listed banks, said it is in negotiations over the purchase of a major stake in the private-ly-held United Chinese Bank. In a statement to the Hongkong Stock Exchange.
        252 words
      • 427 20 Knight-Ridder TOKYO Financial difficulties facing Germany's Metallgcsellschaft AG have cast doubt on its plans to lead an international consortium in building a 150,000-tonne-a--ycar copper smelter in Indonesia with US and Japanese partners. Mctallgesellschaft officials are to meet this week with creditors and
        Knight-Ridder  -  427 words
      • 197 20 UPI HONGKONG In an effort to speed finaneial reform. Beijing will allow more foreign hank branches to operate in China's hottest economic region near the Hongkong border. an ofTicial report said yesterday. A leading Bank of China executive was quoted in
        UPI  -  197 words
      • 152 20 THE USS continued rising yesterday on expectations of an improved US economy. But trading in the USS/majors was confined to ranges. Early morning trade in USS/MS saw continued USS sales with profit-taking on short positions first seen at 2.6300. But that onlv encouraged USS buys
        152 words
      • 194 20 Reuter LONDON The US dollar was little changed on the day against the mark in late European trade yesterday as normal liquidity and depth returned to the marketplace, dealers said. "Today's market was active and busy enough to say that the fairly sharp (four pfennig) rally (against the mark)
        Reuter  -  194 words
      • 187 20 Bloomberg Business News LONDON Opec's basket of seven internationally traded erude oils ended the \ear 1993 at an average priee of U5512.67 per barrel last week, according to figures from the Opec secretariat. The basket price is USSB.33 less than Opec's
        Bloomberg Business News  -  187 words
      • 78 20 AFP NtW YORK The dollar slipped against other major currencies except the yen in moderate trading early yesterday. pushed down by profittaking after its advance on Monday. At about 9:45 am. the dollar was trading at 1.7400 German marks, down from 1.7440 late on Monday, and at 113.10
        AFP  -  78 words
      • Article, Illustration
        1675 20 I rade»emhn\l index cakvlaied a gainst Spore's top 14 trading partner* Hose year 1985 US$/S$ forward rates Noon Jan 4 s$ Bid Offer 1-month 1.6114 1.6129 2-month 1.6116 1.6131 3-month ***** ***** 6-month 1.6125 1.6145 Souri e OC BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am on Ian
        1,675 words
    • COMMODITIES & FUTURES
      • 1338 21 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar interest rate futures ended marginally weaker yesterday as expeetations for strong US eeonomie data this week pressured prices, dealers said. "The market is expecting the jobs data to be pretty upbeat," said one senior dealer with a US
        Reuter  -  1,338 words
      • 602 21 COMMODITY REPORTS Tin I IN retreated from overnight's 10-week high to end lower on downward eorreetion and lack of foreign buying yesterday, traders said. Tin settled six sen down at MS 12.49 a kg. reflecting the ringgit's rebound against the US dollar.
        602 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 91 21 SINGAPORE The Association of Indonesian Coffee Exporters is now focusing on promoting exports to Japan, said Akum Ginting. president of the association. According to a report in the Bisnis Indonesia. Indonesian coffee exporters are keen to overcome stiff competition from Colombia for the Japanese
          91 words
        • 92 21 NEW DELHI Soy meal exports from India have slowed dramatically in the past few weeks as refiners recoil from low profit margins arising from high domestic sovbean prices. Delivered prices for the soybean plant are now quoted at 9.200 rupees a tonne, compared with 6.500
          92 words
        • 83 21 TOKYO China exported 29.951 tonnes of edible vegetable oil in October last year, boosting January-October 1993 exports to 100.434 tonnes, up 116.6 per cent from January-October 1992, according to China's official external trade statistics. Edible oil imports in October were 10.000 tonnes, bringing the January-October
          83 words
        • 78 21 WINNIPEG Inco Ltd suspended operations at its Sudbury. Ontario, nickel division on Monday in an attempt to reduce swelling London Metal Exchange inventories, a company spokesman said. The division, which produces approximately 20 million pounds (9,072 tonnes) of refined nickel per month, is scheduled to reopen
          78 words
      • 1686 21 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sell (tonnes) Interest Feb 44 OOO (Uio 134 75 0 3.350 Mar 0 00 0 00 136.75 0 6.725 Apr 0 00 0 00 138 25 0 6.050
        1,686 words
    • REGIONAL STOCK MARKETS
      • 1256 22 +0.7 THK Australian share market began the year almost unchanged yesterday as profit-tak-ing among some leading shares was balanced by strong support for resource stocks. "There was a slight pullback from last week." one dealer said. "But the market remains firm and I'd describe today as simply a breather."
        1,256 words
      • 629 22 +36.86 Share prices closed higher, riding on the back of blue chip Philippine National Bank (PNB) which soared to a record high, brokers said. "The market is up because of PNB which is getting a bigger share of new foreign investors here. It's a new indicator of foreign buying."
        629 words
      • 476 22 -2.02 The stock market closed lower after a day of roller-coaster trading with consolidation in financial and blue-chip manufacturings cancelling an early six point gain, brokers said. They said, however, institutional investors renewed their interest in shares with low price/earnings ratios (PER) and foreign investors actively hunted for bargains
        476 words
      • 168 22 14.06 Share prices recovered to the day's official closing levels in hectic late evening deals, after losing ground in early kerb trading. brokers said. They said prices rose on buying by brokers who had accumulated orders from foreign institutional investors. The Bombay Stock Exchange 30-share index was revised downwards
        168 words
    • WORLD STOCK MARKETS
      • 803 22 -9.9 Shares closed lower on prof-it-taking yesterday as the market continued consolidating after recent record gains, dragged lower by an overall weaker FTSE futures performance. Some dealers said the market could fall further. But the FTSE 100 closed almost 30 points above the day's lows, finishing at 3.408.5 9.9
        803 words
      • 108 22 -16.22 French shares finished lower but came off their days's lows after Wall Street turned slightly positive, dealers said. The CAC-40 index ended down 16.22 points, or 0.71 per cent, at 2,274.34. Volume was lively at over 4.5 billion francs. Paris Jan 4 Kr \if-l Hjuidc HMUU -K 00
        108 words
      • 106 22 +0.55pc Swedish shares ended the day slightly higher with the OMX-indcx at a record closing high for the second day in row in strong turnover of 2.15 billion crowns. The all-share index climbed 0.55 per cent to 1.415.20. The optionslinked OMX-indcx rose 0.16 per cent to a record closing
        106 words
      • 173 22 -14.4 The next move for German stocks was unclcar after the bourse eased in yesterday's floor session, falling into line with other European exchanges, dealers said. The DAX index finished 14.4 points lower at 2.253.58. as players took profits won in rallies around the vear-end. Dealers said bearish futures
        173 words
      • 143 22 -5.9 Belgian shares closed lower, reversing early gains, as weaker European markets and earlv weakness on Wall Street sparked a longawaited bout of profit-tak-ing. The Bel-20 index, which edged just above a previous all-time high at 1.886.23 in early trade, closed 5.90 points, or 0.41 per cent, lower at
        143 words
      • 156 22 -1.74 pc Italian shares fell sharply in afternoon trade, depressed by weaker European bourses and undermined by investors creaming off some of the heavy profits accumulated in the past month. The Mibtel index closed down 1.74 per cent at 9.826. The index was reset at 10.000 at start of
        156 words
      • 259 22 +0.52 Dutch shares ended mixed with the index holding ground despite weaker overseas equities and bonds. Dealers said an impulse to correct recent gains was countered by anticipation of more institutional buying ahead. The AEX. which surged over six points on Monday, closed up 0.52 points at 420.89. Volume
        259 words
      • 273 22 +4.47 Swiss shares ended at another record close, but gains were moderate and shares traded mixed. Dealers said the market was seen as overbought and yesterday's easier prices in some shares were seen as a technical reaction to recent gains. Cyclicals, which were strong yesterday, ended mostly lower. BBC
        273 words
      • 267 22 119 Price gains defied market fundamentals as gold shares and selected industrials roared to record closing highs on the back of renewed confidence in the gold market on Tuesday. The gold index rose 177 points or 8.2 per cent to 2.331. the JSE industrial index made 119 points to
        267 words
      • 242 22 +25.58 Toronto stocks jumped ahead in early trading yesterday as strong precious metal issues spurred a relatively flat market, traders said. The gold and silver index surged 669.30 points." or 6.26 per cent, to 11.368.26 as Comex gold prices extended Monday's rally in New York. The TSE 300 composite
        242 words
      • 844 22 +5.63 The Dow Jones industrial average was 5.63 points higher at 3.762.23 at 11 am EST yesterday. The key barometer was down 7.03 points shortly after the market opened. The New York Stock Exchange composite index was off 0.07 to 258.20. while S&P 500-stock index was up 0.15
        844 words
      • 566 22 Vienna J«n4 W-h \l I'll -m Hunk XunIimiPi M*"* uikh I «n>l.inii.i IO*l> I VM I I cn/inf HH* I ON VJIU 2 Mcvit DP I*2 ufkll MI>jc llOD *> V v iIMIK'I t» ioK-rK iit Source: Nasdaq .Ian 3 ISS VMph < tmt> Bivmra If I N -IN \pple
        566 words
    • Article, Illustration
      3150 23 Reuter HONGKONG Stock prices closed with healthy gains in heavy turnover hut an early advance stalled in the face of afternoon profit-taking, brokers said. The blue chip Hang Seng Index ended at 12.201.09. up 114.60 points, or 0.95 per cent. But that was well below a record 12.599.23 hit
      Reuter; Source: Bridge Info  -  3,150 words
    • Article, Illustration
      529 23 THE Shanghai B market remained inactive with the CLSA index marginally up 5.32 points at 1.132.92. Pilkington Glass and Forever Bicycle rose more than 4 per cent. The most active stock was Diesel Engine which rebounded 3.5 per cent. Sanmao dipped another 3.5 per cent to close at USSO.SOO.
      529 words
    • Article, Illustration
      2587 23 Bloomberg Business News TOKYO Japanese stocks traded mixed yesterday as investors stepped back to await a clear sign that the government will pull together significant measures to spur economic growth, traders said. The Nikkei 225 stock average fell 47.50 points, or 0.27 per cent, to 17.369.74 at the morning
      Bloomberg Business News; Source: Bridge Info  -  2,587 words
    • Article, Illustration
      1808 23 Reuter BANGKOK Thai stocks started the new year with a bang, vaulting the 1.700 mark on opening and closing up 4.21 per cent on leftover optimism from 1993 and the conviction that banks have been seriously underbought, brokers said. The SET index closed up 70.88 points, or 4.21 per
      Reuter; Source: Bridge Info  -  1,808 words
    • Article, Illustration
      1144 23 Reuter JAKARTA Share prices closed higher in an upbeat mood yesterday, driven mainly by local players. The Composite Index ended at 599.94. a gain of 10.29 points. "It is more sentiment driven buying rather than fundamental related investment." a foreign brokerage dealer said. Lionmcsh jumped 1.275 rupiah to 7.9(H)
      Reuter; Source: Bridge Info  -  1,144 words
    • 2942 24 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Faber Group 17.474.UIJO \MDB MX 28*76.000 Kamunling MX: 28.I84.(*J0 Metrople* Mk 23.7WJ.OUO Ind Oxsgcn Wi9S 18.186 000 Metroplex TSR 14.869.000 F\CB MX 14.848.000 Kenong Bhd MX 14 146.000 Promet IJ.S26.000 Johan Hldg> MX I2.7JMJUO Sel l)redg MX- 12.176.000 Ind
      Source: Bridge Info  -  2,942 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5628 24 Bernama KUALA LUMPUR The Kuala Lumpur Stock Exchange closed mixed in very active trading yesterday. The market started on a bullish note, propelling the Composite Index to another all-time high of 1,320.55 points at 11.45 am. But profit-taking activity brought the index down to
        Bernama; Source: Bridge Info  -  5,628 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7101 25 MAIN BOARD Transaction date: Jan 4 Gr G» *****4 Last Vol Ihy Last Quoit Di» Di» VM Net M Cap High Low Compnit> Sale ("000) High Ix>» Bu>er Seller S C'»r S P/K $mil INDUSTRIAL AND COMMERCIAL 1400 260 l Aetna 1180 +10 235 1220 1180 1170 1200 12.5 2.1
        7,101 words
      • 1805 26  -  By R Sivanithy SINGAPORE Dealers were astonished yesterday by the market's strength, as a late surge sent the Straits Times Industrials Index to its second consecutive record close. After a strong start that pushed the index up 38 points to 2,479.82 just before
        Source: Bridge Info  -  1,805 words
      • Article, Illustration
        155 26  -  By Paul Leo GUTHRIE GTS is likely to correct in the short term. Applying wave theory to the monthly chart, the rise in price from 45 cents in June to $1.12 in December can be considered a third wave. This wave has at most 10 cents to go
        155 words
  • Page 17 Advertisements
    • 322 17 yßeconstructive TreaWtentFornud^^^l^^^^ If you are worried about your hair you doubtless study every tiny area of your scalp that seems to 'show j through'more than it should. You can't be sure, there f 41 may not be any problem but then again, it could be I the onset of baldness.
      322 words

  • Page 18 Advertisements
    • 81 18 We're moving to Ngee Ann City. i; I—° 0 I NGEE ANN CITY-» As from 10 January 1994, you will find us at: Group Corporate Office 391 A Orchard Road #18-00 Ngee Ann City Tower A, Singapore 0923 w;| |tMvn |t| Tel: 735 2222 Fax: 735 2006 E22SHBBB Departments: Finance,
      81 words

  • Page 19 Advertisements
    • 136 19 IFREEHOLDI W—LAND FOR SALE BY I Bukit Batok Singapore 2365 I I Vcw* —ST-—— I I SS--1 I\\ I I 'hibhts u\ "Kar I ww Hi *»'■>■» I i I KH u 2S* 010 C SH I l y KIZMfTHMM r 5 ,S,Hf I iDAIttMMW "DM Si I l SI»II
      136 words
    • 175 19 FINANCIAL HIGHLIGHTS AMMB HOLDINGS BERHAD Half-Year Ended 30th September, 1993 Unaudited Consolidated Results 1993 1992 In Million RM In Million RM Change Profit Before Taxation 177.3 88.5 +100.3 Profit After Taxation Minority Interest 104.9 48.5 116.5 Shareholders' Funds 717.0 569.0 26.0 Loans Advances, Net of Provisions 8,431.4 7,141.4 18.1 Deposits
      175 words


  • Page 21 Advertisements
    • 36 21 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OassiFlNE^ An SPH AudloTti Sirvlci
      36 words
    • 39 21 As and when the latest I>ondon/ Rotterdam priees are not available, the previous trading dav's closing figures are carried instead iff I iißHfflgi lißli iWffjifiii mmmm 73 7-if66 I to place 1 a quick- c.a.t.s. I acting ad. 737-11*6
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  • Page 23 Advertisements
    • 62 23 To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For ";«ft atig all your internationally certified G.I.A, H.R.D and 1.G.1 diamonds, |!§|P|Si ||j|jjj9B H^PR emeralds and other gemstones. NEW SHOWROOM: Mondial Ngee Ann City 001-16 Takaibimaya Shopping Centre, 391 Orchard
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  • Page 24 Advertisements
    • 55 24 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. [*j CITIBANKO fcU CREDIT LYONNAIS CALL ClTlPhone Banking 1800) 225-5225 NOT JUST BANKING CITIBA
      55 words

  • Page 25 Advertisements
    • 104 25 HTo add sparkle to your portfolio, come to the dazzling new Mondial Showroom. HHHHBH Mondial. Now at Ngee Ann City. For all your internationally certified jjßfr|gM|H G.IA, H.R.D and 1.G.1 diamonds, NEW SHOWROOM: Mondial Ngee Ann City 001-16 Takatbtmaya Shopping Centre, 391 Orchard Road, Ngee Ann City, Singapore 0923. TeL:
      104 words

  • Page 26 Advertisements
    • 25 26 {_,/_,(")+[|">+$_%);]`|..$?%&(% I \(W 7 1' A EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. f Business Times WE KNOW ASIA
      25 words
    • 167 26 ALLIED GUARDFORCE PTE LTD Notice is hereby given that MR GOH SIEW SENG is no longer employed by this company. With immediate effect, he is not authorised to sign any documents or enter any oral or written contracts, on behalf of this company, A C. Estcourt For Board of Directors
      167 words
    • 150 26 f THE COMPAMES ACT, 1 CAP. 50 ANO MTHEMATTOOF PCYEH SINGAPORE PTE LTD (MEMBERS'VOLUNTARY WINDING UP) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed company, which is being voluntarily wound up. are required on or betore 7th February 1994 to send their names and addresses wNh particulars of
      150 words
    • 471 26 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 ANO IN THE MATTER OF MARINE LAND ENGINEERING CO. PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTIONS (pursuant to Section 290(1 )(b)) At an Extraordinary General Meeting of the Company duly convened and held at 257 Seleoie Road, #08-281
      471 words
    • 520 26 BROKERS' STOCK PICKS in Personal Finance and Investment on Saturdays M THE MATTER OF THE COMPANIES ACT, CHAPTER 50 ARCHIVE PERIPHERALS ASIA PACIFIC PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting ot the Company deemed to be held on 30 December 1993, the following resolutions were duly passed
      520 words

  • Shipping Times
    • 347 27  -  Reports by Ramesh Divyanathan SINGAPORE The Singapore fleet has crossed the 12 million grt (gross registered tonne) mark with the registration of a product tanker by international shipping company Osprey Maritime. Osprey transferred the 23,127-grt Osprey Cape from the Bahamas register to the
      Photo by Arthur Lee  -  347 words
    • 270 27 SINGAPORE Thome Ship Management, part of the Sin-gapore-based Thome Group of companies, has terminated three contracts because the ships concerned are not up to scratch. TSM has not named the ships but says their owners are "not prepared to invest in adequate maintenance". The move
      270 words
    • 1106 27 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Africa Container 16 5 Ahrenkicl Liner 4 1/2 AOEShpg 15 4/5 ANL 3 1/2 APL 5 3-5 Appenship 18 3/4 Arabian Express 15 4 ASCL 5 5 ASXCLShpg 15 2 Avant Shpg 6
      1,106 words
    • 381 27 KnightRidder WASHINGTON The Port of Baltimore will gain its First direct outbound servicc to the Far East in more than five years when China Occan Shipping Co (Cosco) begins calling there next month on its new all-water container service between the
      Knight- Ridder  -  381 words
    • 216 27 SINGAPORE Marine equipment manufacturer Kalmar US has bagged an order for eight forklift trucks for the US Navy's strategic sealift programme. The trucks are designed to handle containers and other heavy loads aboard roll-on/roll-off ships. MacGregor-Navire (USA) Inc made the order
      216 words
    • 262 27 Lloyd's List HONGKONG Chinese shipbuilders are cautiously optimistic that last week's decision by Beijing to unify exchange rates and make China's currency convertible, will bring a welcome influx of new orders from overseas customers. Shipbuilding industry sources have especially welcomed the float of
      Lloyd's List  -  262 words
    • 145 27 Bloomberg Business News LONDON Tiphook pic. a troubled UK container and shipping company, has promised its bankers not less than £780 million (SSI.B billion), £50 million below the sum originally agreed upon, the Independent on Sunday reported. Bankers believe the plan
      Bloomberg Business News  -  145 words
    • SHIPS IN PORT
      • 543 28 VkhI Voy No Berth Arrival Departure Keud Voy No Berth *rrhnl Oeparttae Jliroilg Port Stung Yung 93S P03 acrgside 0501/0700 ASl 17/T 20/93 16 alongside 0501/2300 Sn N Hua 3 2493 P04 alongside 04 01/2900 Batam Indaft N92 110 11 alongside 0501/2100 Sn Puiut 01/94 P04 alongside
        543 words
      • 1415 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rsits Ship Voy No Etb/Btr Period From To From ACX Rose 0488 07/2000 3 05/0700 05/1159 05/1400 4 05/1200 05/1459 05/1700 ACX Sm 099A 05/1500 1 04/1500 04/1659 04/1900 AO
        1,415 words
    • 11216 36 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 after
      11,216 words
    • 633 43 COURSES Title: Handling Transportation Of Dangerous Liquids (Refresher) Duration: Jan 6 Jun 16 Organiser: Port of Singapore Authority Tel: For further details/registration contact SPI at 321 1707/321-1824/321-1825 or fax: 321-1416. Title: Handling Transportation Of Dangerous Liquids (SDF 70%) Duration: Jan 7 Jun 17 Organiser Port of Singapore Authority
      633 words
    • 192 43 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1SOO 1900 2000 2100 2200 2300 JR 1.0 1.5 2.1 2.5 26 2.6 24 2.0 1.5 1.2 10 1 0 1.1 1.4 1.9 2.3 2.5
      192 words
    • 992 44  -  As GMDSS enters its third year, Lee Adamson reports on a survey which reveals shipowners' reactions to the new legislation Lee Adamson Ocean Voice THE Global Maritime Distress and Safety System (GMDSS). embracing as it does several fundamentally innovative concepts, marks the dawn of a
      Ocean Voice  -  992 words
    • AIR AND LAND TRANSPORT NEWS
      • 332 46 Buy-out shortchanges investors, suit contends Bloomberg Business News WILMINGTON. Delaware Three shareholders of UAL Corp. the parent of United Airlines, have filed a lawsuit aimed at blocking the company's plan to sell a majority stake to two of its
        Bloomberg Business News  -  332 words
      • 482 46 AP SANTA ANA, California The FAA had evidence dating as far back as October 1991 that Boeing 757s cause unusually dangerous wake turbulence, but the US agency issued no public warning until last month after the deaths of 13 people in
        AP  -  482 words
      • 431 46 Knight-Riddcr TOKYO Japan's carmakers will compensate for anaemic domestic sales with efforts in 1994 to expand in North American, European and Chinese markets, an industry spokesman said. At the same time, vehicle producers are looking to Asian and Latin American countries for sales growth, said
        Knight-Riddcr  -  431 words
      • 533 46 Reuter DETROIT As auto industry officials convene here for the industry's annual trade show, Detroit's Big Three carmakers are looking forward to good times. "The auto industry is still in the recovery phase of the business cycle, but the bad times are over and
        Reuter  -  533 words
      • LOG BOOK
        • 100 46 AFP HANOI Vietnam's Transport Ministry and shipping authorities have approved preparatory work for setting up a direct shipping link between Vietnam and the US, a ministry spokesman said on Monday. The new merchant shipping line, the Vitranschart Line, will be a joint venture between
          AFP  -  100 words
        • 53 46 AFP BELFAST, Northern Ireland A car lying abandoned in a flooded underpass in Belfast on Monday following heavy overnight rainfall. The UK's National Rivers Authority issued flood warnings in areas with rivers as predicted rainfall of up to 25mm are feared to bring floods across
          AFP  -  53 words
        • 108 46 Reuter MANILA Philippine Airlines (PAL), faced with increasing costs and slipping revenue, has forecast lower income in the 1993/94 fiscal year ending in March. PAL said on Monday it was unlikely it would match its performance of 1992/93, when it realised net income of 1.03 billion
          Reuter  -  108 words
        • 102 46 Bloomberg Business News HONGKONG Cathay Pacific Airways is to hold a second round of annual pay talks with two of its three unions today, the South China Morning Post reported yesterday. The first round ended with the three unions rejecting a pay offer, leading
          Bloomberg Business News  -  102 words
        • 80 46 AP FORT WORTH AMR Training and Consulting Group said on Monday it is opening a regional office in Hongkong because of its growing customer base in the region. The group is a subsidiary of AMR Corp, the parent of American Airlines. The subsidiary markets
          AP  -  80 words
        • 104 46 Reuter HALIFAX A Norwegian oil tanker searching for 36 Greek and Filipino crewmen of freighter Marika 7 that sank in a fierce North Atlantic storm found a second life raft on Monday, but it was overturned and empty, a Canadian navy official said. The
          Reuter  -  104 words
      • 336 46 Reuter MOSCOW The crash of a Russian airliner in Siberia, killing all 120 people on board, has revived worries about the safety record and airworthiness of the country's ageing fleet of planes. At least 16 foreigners were among those aboard the Tupo-lev-154
        Reuter  -  336 words
      • 1664 46 CHy rid* ETA REM ETB_ n H®. Adeiakte SO227 2030 .030 SQ324 2230 .705 SQ990 0J£ GA895 .450 KL832 2335 tl«W SR.83 2]40 Athens SQ347 730 8—01 CZ353 .255 CZ354 .420 Auckland N79I 17.0 NZ22 1840 Ma—I SQ175 .905 SQ176 .30 SQ28S 2045 MatyM MI895 2300
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  • Page 27 Advertisements
    • 63 27 Drager |m|l SAFETY EQUIPMENT A (SOLAS APPKCVHD) PA9O MARINE ;|Mf I j Specifically Designed For Maritime Application* A VV t HIGH QUALITY HIGH PERFORMANCE •HIGHLY AFFORDABLE ??>S*:WHHLWtt i Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS *****
      63 words
    • 28 27 Lines and services represented by Members of the Registry ef Accredited **1 Shipping Agents, Singapore National Ship- \{MZzMt) ping Association. For advertising enquiries, contact Shipping Tunes: Tel 740-208&740-2090
      28 words
    • 30 27 VISA FREIGHT SERVICES PTE LTD i#^ THE TOTAL TRANSPORTATION PEOPLE C 1800 *****66 4 THINK TANK For a closer look at issues that matter. Analysis. Tuesday to Friday. Business Times
      30 words

  • Page 28 Advertisements
    • 455 28 TSKLINE AGENCIES (S) PTE. LTD. fC ¥TkT|l Tel: 226-3363 i 3«JV« IJIMr 226-1972/3 lTi|ni *7 Tlx: RS *****/TSKSIN. <f TOKYO SENPAKU KAISHA, LTD. CR NO H*****0000n 0488 "03 01 **05 01 04 01 3? 01 1101 1301 1801 HOI 20 01""^ ACX LUC 0266 06.01 *05.01 08.01 11.01 1511 17.01
      455 words
    • 1529 28 t r f il■» i £**rr' n i*i* r i -infi. irfia'. An -1 I'frrflfti I I T» MOT mmTMMWirMIJgMMJWMMfr JOB wt rmi u> |a* m m b>t homhob cmc my wr« i« MMnn mm* MC wnMHif nr niir nup_ me HMlMgil WH KIIIK one I in IMI I 311
      1,529 words

  • Page 29 Advertisements
    • 2307 29 OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. TEL: *****13 FAX: *****42 PETALING JAVA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 M BOOKINGS TEL: *****80 *****81/ *****82 'POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL:
      2,307 words
    • 1898 29 ■EaWiHiHiUIM SAILINGS TO HONG KONG/TAIWAN/JAPAN/KOREA/CHINA SL DEVELOPER V.198E ETA SIN 10TH JAN 94 MARIE MAERSK V.9402 ETA SIN 11TH JAN 94 VnM Voy ETA ETO F eeaef by DESTINATIONS Th.* <M«* MARIE MAERSK V 9402 h<.II«l cv 11/01 oeoo hrs CES 10/01 2350 MRS JOM LPK PEN OAK LGB SEO
      1,898 words

  • Page 30 Advertisements
    • 1678 30 AOABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H SURG A WERP HAVRE WEST MALAYSIA KAGA 33/152 5/1 22/1 25/1 23/1 Port Kelang. Perang DRESDEN EXPRESS 14/352 8/1 17/1 23/1 26/1 29/1 31/1 2/2 Pasir Gudang KIRISHIMA 02/101 12/1 29/1 1/2 30/1
      1,678 words
    • 540 30 FCL Breakbulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN BUNGA PELANGI V.2483 11/1 NED
      540 words
    • 963 30 I NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING 10 LA SPEZIA. FOS. BARCELONA. VALENCIA S PORE 6ENERAL AGEUT: NORASIA AGENCIES (S) PTE LTD ALSO ACCEPTMG LCL TO: rc Nn PAX: *****90 VENICE/TRIESTE/ANCOHA/ALEXANDRIA/PORT THAILAND AGENCIES CO LTD TEL: *****M/90 SAD/PKAEUS/VALETTA/BARCELONA t VALENCIA INDONESIA AGENT PT HALUAN SELATAN NUSANTARA TEL. *****76 (JAK)
      963 words

  • Page 31 Advertisements
    • 1787 31 JWW STRAITS SHIPPING PTE LTD 10 H°€ Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE BiaiiiHSlMliyillKllHlAkAiAllAMiMMaH (A BERVICE OF CHINA NAVIGATION CO) CARGO DUE SAILS RAJAH BROOKE VOIE Muara Lab In Pt 06 Jan FCL lcL CONTAINER AND BREAK BULK SERVICE TO PAPUA
      1,787 words
    • 2692 31 SINGAPORE AGENT: PXtil I Aflto |y|/\f>n P&O Containers (Singapore Agencies) Pte Ltd X 9 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Te<: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W CR Number: **********0Z EXPORT IMPORT VESSEL VOY -mo -PKQ SIN ALO SOU ANT HOT
      2,692 words

  • Page 32 Advertisements
    • 572 32 EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE [~MYAW*iAH TRADE PAGER HANPPHONE/ PWtC T OTLLIAM WEE 2HO«M 722C206/MMM3 noHfld -—am HO cm MWH CITY MEWHY HOE 21WW24 HBBMMM KELVIN CHAN IUSK4 MBaffllMß TO MYANMAR/YANGON SEMI CONTAINER SERVICE M OCEANLINES ya.voT stok TBN 15/1 22/1 30/1
      572 words
    • 1678 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FM VSI SM IN HAUL SEA W POX ft* ¥Sl SM |LM HAUL SAV AM HTC HANJIN SINGAPORE 012 El/l MttCT 27/1 21/1 29/1 HAWK S«GAPOR£ 0121 7/1 M AMERICA 013E 10/2 11/2 13/2 HANJIN IE
      1,678 words
    • 1500 32 d T rJ Id d I nwntiuiicuwiiKiKiwmiucHMißCiMMniwiKrgacniwl Ml GOMG M *54 4/1 7/1 12/1 14/1 tt/1 U/l 2»/l 22/1 2J/1 2S/1 24/1 4/2 l»/2 2»/2 21/2 1/3 4/3 5/3 4/1 7/3 17/3 27/3 31/3 1/4 I GUITIf «Oil 13/1 1/1 14/1 23/1 21/1 27/1 21/1 31/1 31/1 1/2 12/2 24/2
      1,500 words

  • Page 33 Advertisements
    • 2586 33 PLEASE CALL HI II NEPTUNELINK (1800 *****00 TOLL-FREE) IB H FOR THE FOLLOWING INFORMATION: ■I H vessels eta/eto/exghange rates/shipping services/ ■I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ ■I II AVAILABILITY OF DOCUMENTS FOR COLLECTION HI 1 HI *R1 Connecting Nop tuna Cyprine 05E In HKG 08/01/fM I Connecting California Saturn 62E
      2,586 words
    • 1212 33 o I MULTILINE SHIPPING PTE LTD (a rrwmber of SINSOV Group) CR NO. **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 MkXfrsSS&A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 r MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      1,212 words

  • Page 34 Advertisements
    • 1512 34 44 mm AS AGENTS "K" LINE (SINGAPORE) PTE LTD (CM No: 1244R*****0M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W WV T* MALAYSIA "I" UNI MARITIME (MALAYSIA) SON BHD I Mm TEL SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA P.T. SARANA LAUTINTERNUSA. TEL JKT *****08
      1,512 words
    • 1038 34 PHIU OmtNT LINGS 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 I AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 13 JAN SYDNEY. MELBOURNE. BRISBANE. FREMANTLE 10 JAN AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH. NAPIER. CHRISTCHURCH 28
      1,038 words

  • Page 35 Advertisements
    • 995 35 (aaaallg PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I CR NO **********06 I EEES3 VESSEL VOY SIN BKK SIN DEJA BHUM fBIITI eyi ayi 1271 MAJAPAHIT 4111 0/1 12/1 16/1 UfcJA BHUM (DMI) 34N 5/1 «/l 12/1 BUNGA TERATAI 4523 11/1 4/12
      995 words
    • 1483 35 VESSELS VOY STOW IWMG ROTTtRDAAI ANTWERP THOMES H HARVE WELL 01 TUCANA 0531W 0SJ)1 30 01 31 01 20/01 31 01 01/0? VK.LE DC I TWA 7731W 12/01 03 0? 0-> 0? 0* 02 07/0? 00/02 Wilt 01 VtSIA 7431W 11/01 11 0? 13 02 14/02 15/02 17/0? MUf 01
      1,483 words
    • 402 35 BSfl i>. M MYANMA pWflk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P Klj Pen P.Gdg PAGAN V2O4W In PI HP* Ml Vl99* 13/15 lan AVA VI27W 20/23 Ijt PAGAN V2OSW 26/2S lan MALAYSIA AGENTS BOUSTEAO SUPPING AGENCIS All lEI 03 *****00 PKI TEI 03 36*6767
      402 words


  • Page 37 Advertisements
    • 85 37 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 38 Advertisements
    • 3102 38 OCOCS^ C C )S( I 1 SINGAPORE'S GENERAL AGENTS MALAYS AGENTS COSTA* SHIPPING PTE LTD Ckoog Ckaa Shipping Sdaßhd r*A\TT A TXTFTi 2 Mittri Road, MMC BHg *15-00 MaiaUae Pit KeiaagI I I A I f\J |h ly Singapore 0207 Kwto Lumber 03-241 4616 1 vl 1 L/lv CR NO:
      3,102 words

  • Page 39 Advertisements
    • 636 39 >(£ FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 10/1 ROTTERDAM 10/1 AARHUS/COPENHAGEN 10/1 HAMBURG/BREMEN 10/1 MARSEILLE/FRANCE fi/1 FELIXSTOWE/UK 10/1 BARCELONA/SPAIN 10/1 LEHAVRE/FRANCE 10/1 GENOA/ITALY TI/1 ANTWERP/BELGIUM 10/1 LOS ANGELES/WC/IPI 9/1 SYDNEY/MELBOURNE 7/1 NEW YORK/EC 671 FREMAWTLE/ADELAIDE 6/1 VANCOUVER 12/1 BRISBANE
      636 words
    • 1075 39 mt If ■i w»•r-,- a •-.»■irt* cTiSV I.*— 1 1 t I'll I'll I' <5 T 1 VESSEL VOY SIN PEN 4 B WAWA BHUM ?09 Wgd_ In PI __Sat |/1_ H OEJA BHUM 4505 Fn 7/1 Sat 9/1 Ha Wm VESSEL *°1 I CMAIYABHUM MS Fn 7/1_ _Tua_ Jl/1_
      1,075 words
    • 660 39 Guaranteed Sailings to-. BANGKOK *LAEM CHABANG JAKARTA PORT KELANG HO CHI MINH MANILA CEBU j •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE, CHINA AND ALL DESTINATIONS m RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lineo) K FAX: *****15/*****03 |fH| TELEX: RS ***** RISHIP (3
      660 words

  • Page 40 Advertisements
    • 1798 40 AjfcßMN CONTAINER LINES blvVVVlAflWltr MAC-NELB BPORE: *****22 (24 UNEB) uV v 'cm Hm SIBU (064) *****9 KUCHINQ (062) *****3 PENANGfc (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P KELANGL (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 I HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 7/1
      1,798 words
    • 196 40 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ET* El* ETA STQK POUT KEIANG PENMG ttlf HOC IS/1/94 Ft loading lor Mafe iSIBU) RUVMHUOHU ft l 94 DisdW(in| and toadif>( lo» Bomty» OOIPW 7/1 94 loadirf few Malf nOICE* SUPRE* 16 I 94 loadMif Fo< Male UMCEOH 81 94 loading
      196 words
    • 1052 40 f M. THONG SOON UNES PTE LTD I /\V\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I W J TEL: 227-5088 FAX: 227-6011 I I y TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S PORf PEST VESSEL VOY S PORE PEST EQUATOR
      1,052 words

  • Page 41 Advertisements
    • 825 41 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BttWBUK SOC CARGOES TOFROM KOBE, YOKOHAMA. NAGOYA, MO*. TOKYO*. MANIA* OAVAO* Penanj* P. Kelanj Singapore E'Msia* IVYEVERETT W7E 19/20 Jan KARABEVERETT WISE 26/27 Jan 28/29 lan 01/02 Feb KAMALEVERETT VI9E 13/14 Feb 15/16 Feb ACCEPTING BREAKBU.K FCI SOC CARGOES TO/FROM CHITTAGONG. CALCUTTA
      825 words
    • 395 41 Bt GLORY NAVIGATION GROUP to *1 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 8/1 14/1 TIMBER GLORY 9/1 15/1 SP PKL HCM HK KAO GLORY SELATAN VII 2/1 4/1 11/1 •ALSO LOADING IN
      395 words
    • 536 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vessel voy aw "~kmachi HYDERABAD 125 HW 13/01 22/01 SARGODHA 136 HW 26/01 04'02 KA6WH 10«HW 12/02 22/02 MAKRAN 145 HW 03/03 13/03 FAR EAST CONTAINER SERVICE ONLY VESSEL VOY SIN HUG BSH OS* *NAG"" VQK KAGHAN 105 ON 13/01 22/01
      536 words
    • 532 41 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH JIAN HE/SO 26/01 09 02 27/02 HUIHE/102 11/02 24/02 14/03 VI HE/96 26/02 09/02 27/02 ACCEPTS CARGO TO JOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN SEA DRAGON V.SDRI2W
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    • 228 41 SIN FAR EAST 11/01 KEELUNG/KAOHSIUNG 08/01 BANGKOK 09/01 MANILA/CEBU 09/01 JAKARTA/BELAWAN/SURABAYA 10/01 PORT KELANG/PENANG/E MALAYSIA 10/01 BUSAN 08/01 TOKYO/YOKO/KOBE/NGO/OSA 10/01 HONG KONG SIN CHINA 10/01 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DAUAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 11/01 LDN/FLX/LVP/SOU 11/01 ROM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 10/01 LOS ANGELES/NEW
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  • Page 42 Advertisements
    • 734 42 HONG KONG/CHINA 09/01/94 JAKARTA J! 7 BANGKOK 08/01/94 MANILA ??'2 '21 BUSAN 09/01/94 KEELUNG 11/01/94 TOKYO/KOBE 09/01/94 KAOSHIUNG 08/01/94 PORT KELAN6/PENAN6 TO/01 YOKOHAMA J,?!! 9 COLOMBO 12/01 FELIXSTOWE/HAMBURG 10/01/94 MADRAS 12/01 ROTTEROAM/LE HARVE/ANTWERP 10/01/94 BOMBAY/KARACHI 10/01 BARCELONA. MARSEILLES. GENOA 14/01/94 CHITTAGONG 09/01 S Y DME Y/MELBOURNE 13/01/94 CMT LINER EXPRESS
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    • 405 42 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 15TH JANUARY ACCEPTING TO ALL NEW ZEALAND PORTS PENAN6 07 JAN JAKARTA 09 JAN PORT KLAN6 07 JAN BANGKOK 09 JAN HONGKONG 09 JAN MANILA 09 JAN MELBOURNE 07 JAN f SYDNEY 07 JAN FREMANTLE 16 JAN 08 JAN I 'ACCEPTING TO
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    • 664 42 This Week's Sailings Singapore I KIRS I FORWARDER IN To: ETD To: ETD asia awarded Singapore Singapore ,so 9002 IR Q A EVERY EVERY Bangkok SUN Jakarta SUN tiVj EVERY EVERY Manila SUN Ho Chi Minh FRI jj fDI gj EVERY EVERY ■HS Colombo TUE Limassol THUR 'I INTERNATIONAL SEA
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    • 172 42 I H NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOY.VKAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACH>/NEW YORK/ CHICAGO/SYDNBY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTHRDAVI/DUSSELDORF WE ALSO DEAL IN ECL 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
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  • Page 43 Advertisements
    • 1194 43 The Baltic Exchange was closed on Monday for a holiday. jw— CRYSTAL FREIGHT SERVICES PTE LTD TEL N0: *****88/*****88 FAX: *****88 3®'' ASIAN POUTS «W ZUUJU»/AWTUm EUROPE raimrkok 11/1 AUCKLAND 10/1 ANTWERP 10/1 RUSAN 10/1 ADELAIDE 20/1 FELIXSTOWE 8/1 HnNfiKflNfi «/1 BRISBANE 17/1 HAMBURG 10/1 iakarta 11/1 FREMANTLE 7/1 ROTTERDAM
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    • 229 43 5N CINZA ORIENT SHIPPING CO, SA. (GOSCO LINE) I VESSEL VOY SIN YANQON QINZA ORIENT 04/N 1-5 JAN 5-10 JAN G. STAR OS/N 5 7 JAN 10 12 JAN M.V. OiVMPIA 06 N 10 IS JAN 15 20 JAN FAR EAST RUSSIA/LATVIA VIA ANTWERP BY CONTAINER OEEPSEA SERVICE VESSEL VOY
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    • 281 43 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.21 PORTS VOY BUENOS MONTEVIDEO I DURBAN JAKARTA SINGAPORE HONG KONG I KAGOSHIMA YOKOHAMA* VESSELS AIRES'" PRIOZERSK EBO4 SAILED SAILED SAILED SAILED 21/12 25/12 DO PUSAN PAVLOORAD EBOS SAILED SAILED 22/12 08 10/01 OS 06/01 16/01 20-28/01 31/01 PETROOVORETS EBO6 15 24/12 29/12 13/01 T/S
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  • Page 43 Miscellaneous
    • 128 43 TODAY'S WEATHER AND SEA CONDITIONS LEGEND R Thunderstorm Temporoture c A y Shower Weather -V Wrtd Erection with speed in knots Ron Vj Cloudy Sky Wov Svr+oce »mh or* mkcoted by arrow* Ack Hy wttfc the wind One tul c*cle represents catm or kght ond vonab4e wnds One ho* Heche
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  • Page 44 Advertisements
    • 427 44 j VIGOUR PACIFIC LINES VESSEL VOYAGE SINGAPORE MANILA VIGOUR SINGAPORE 9402N 07/01/94 15/01 94 VIGOUR SINGAPORE 9402 AN 10/01/94 15/01/94 LOADING EVERY VIGOUR PACIFIC 9403N 14/01/94 22/01/94 FRDAY AND MW<MY VIGOUR PACIFIC 9403 AN 17/01/94 22/01 94 PORT KLAHG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE 1 SINGAPORE PORT KLANG PENANG SINGAPORE
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    • 408 44 ©APPENSHIP HAMBURG rJV) CONVENTIONAL A INDEPENDENT LINER SERVICE V EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADMG FOR FRUITION ANTWERP 23.1193 SPORE 10/1 BKK 15/1 LORELEY PORT SAID 29 12 93 SPORE 18/1 BKK 23/1 FORUM WIND PORT SAID 1.1.94 SPORE 19/1 BKK 24/1 RIMBA MERANTI
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    • 107 44 jT DZ CONTAINER LINES REGULAR CONTAINERISED SERVICE TO YANGON (RANGOON) VESSEL VOY SPORE YANGON GIWIN 9401 06/01 10/01 GIWIN 9402 16/01 20/01 GIWIN 9403 28/01 01/02 GIWIN 9404 09/02 13/02 GIWIN 9405 21/02 25/02 ACCEPTING BOTH FCL/LCL A SOC DZ SHIPPING (S) PTE LTD <CRNO. **********0Z) TEL: *****66 (5 LINES)
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    • 300 44 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/01 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzhou COSCO FULL CONTAINER BERVICEB tFCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned
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  • Page 45 Advertisements
    • 998 45 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA PKE PGP VESSELS VOY SIN RTM *NT* LEH* HAM BREt FEL NOR MALACCA 9401 A 03/01 04/01 06/01 SI MARINER 308* 10/01 2S/01 28/01 29/01 30/01 30/01 01/02 MM ADVANCE 035 A 10/01 11/01 13/01
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    • 462 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VfSttl HOT V PR UK Ml SKI IKEISM 12 l/l 18/1 COSMIC HUTU IM tISTEM Hill Wl h H 1/1 MMKi SIY 114 hPI 1/1 COSMIC PIOKEI M« 27/1 21 1 milt V 23 27/1 21/1 OUTBOUND VESSELS LOADtNC
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    • 860 45 JEDDAH/UK/CONTNENT S PORE JED S TON H BURG R OAM LEH AJm Accept*! Car|« For KAGA 33/152 1/1 22/1 25/1 27/1 Southampton :toal UK dottaabon Belfast tnd DuMn KRISHMA 02/101 12/1 5/2 1/2 3/2 Rotterdam to a 4 Ant.trp Amtordam. OHo. Hthrtu LUDRRGSHAFEN EXPRESS 11/301 15/1 24/1 2/2 7/2 5/2
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