The Business Times, 7 January 1994

Microfilm: NL19041
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE MOW ASIA MITA(P) 010/12/93 Friday January 7 1994 75 4
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 6.5 points
      54 1 AFP NEW YORK A drop in long-term interest rates followed by news that Ameriean jobless elaims rose by 70.1 XX) in the week ending Dee 31 helped drive up stoek priees on Wall Street. The Dow Jones industrial average stood at 3,805.29, up 6.5 points
      AFP  -  54 words
    • Article
      Lock icon Worldwide mergers up 38pc in 1993
      91 1 Reuter LONDON Worldwide merger values rose 38.15 per cent in 1993 to more than U*****.4 billion (*****.2 billion) compared with US$347 billion previously, according to a survey by Securities Data Co of the United States. It said Goldman Sachs maintained its status as the
      Reuter  -  91 words
  • Article, Illustration
    MARKET SUMMARY
    115 1 Stock market indices Ihursday Change STII 2.388.26 -43.73 KLSE C omposite ...1.248.69 -65.77 Nikkei 17.881 99 +98.51 Hang Seng 11.374.50 -793.43 SET Index 1.667.94 -41.70 Jakarta C omposite 609.32 -3.57 CLSAChinaB 1481.20 +6.41 Aust All Ord 2.200 3 +6 9 FTSE 100 3.403.0 +23.8 Ihursday Previous I pm
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  • Article
    S'pore govt plans to buy 20pc stake in New York hotel
    508 1  -  By Conrad Raj SINGAPORE The Singapore government is planning to take a stake in a hotel in New York's Manhattan district. Sources say Temasek Holdings, the government's investment holding company, plans to take a 20 per cent share in
    508 words
  • Article
    Manila escapes plunge in regional markets
    263 1 SINGAPORE Only the Philippine stock market was spared the wave of profit-tak-ing that hit the region's bourses yesterday for the seeond day running. After eorreeting for only a day, shares in Manila resumed their upward climb, with the Manila Composite Index adding 62.16 points
    263 words
  • Article, Illustration
    Hang Seng's 790-pt fall steepest since '87 crash
    346 1  -  From Catherine Ong in HONGKONG THE long-awaited correction for the Hongkong stock market came with a vengeance yesterday as the Hang Seng Index crashed nearly 800 points in the largest one-day decline since October 1987. Sustained but gradual selling in the morning
    346 words
  • Article
    Asians join wave of overseas buying of Aussie stocks
    444 1  -  From Florence Chong in SYDNEY ASIAN investors are believed to be pouring up to ASIOO million (SSIO9 million) a day into Australian equities. They are part of the huge wave of overseas buying, especially from the US and Europe, which some
    444 words
  • Article
    Suharto unveils high-spending budget buoyed by exports
    481 1  -  From Maggie Ford in JAKARTA PRESIDENT Suharto yesterday unveiled a budget for Indonesia that was more expansionary than expected, reflecting a strong export performance and the success of efforts to generate greater tax revenues. Despite the fall in the oil price projected in
    481 words
  • Article
    S'pore banks paying higher interest rate for large deposits
    420 1  -  By Shiv Taneja SINGAPORE The major local banks are now paying a higher rate of interest for large and longer-term deposits in what is seen as a direct outcome of the rising local interbank rate. Until about a month ago. such
    420 words
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      107 1 B*U,l T|M AT E I N CI OTH^^^^jjl CONTENTS News Companies S'pore News 2 S'poreM'sia .19,20.21 Regional News 3.4.6 Financial 23.24 World News 7.8 Features Markets Analysis 17 Clob, W.SE. S£S 28 30 Editorial 16 Regional .21 Sports 9 World 26 TV/ Lifestyle 13 Currencies 24 Advertising 14.15 Simex Commo
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      69 1 Advertising: Pg n Compaq shifts ad gears YVearnes companies slated for listing this year, Pg 19 SE I chief warns brokers about margin lending, Pg 20 Manila okays Philseco sale to Keppel team, Pg 20 Little is cheap in S-E Asian stock boom, Pg 21 Barry Desker, Singapore's former ambassador
      69 words
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      20 1 Hock Lock Siew: Pa 19 V V"'i. That OCBC revaluation rumour Hk go>t set to post budget surplus. Fg 4
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      75 1 ifjie Bottom Line: Pk is Major will pay for Yeo's folly H depuis 1921 n oLEDGERo (Tel: *****13) ======^=S=== made in France Petite Cerirepomt *****68) Takashimaya Dept Store Gateres Lafayette Singapore and selected retail outlets More Budget reports, Pg 3 Breakdown of exports 6-7 pc growth projected L'S short-term rates
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Property ads take a breather
        331 2  -  B\ A J Leow I HI: NI'MBLR of advertisements tor resale properties in I he Straits I imes Classified section dipped consecutively tor the months of November and Decern her as the traditional year-end lull period kicked in. I he total ad count for No\ember
        Source: ST Sun Times Classified Ads  -  331 words
    • Article
      Auction houses chalk up record property sales of $163m
      581 2  -  By A J Leow SIN(iAPORL'S three leading property auction houses had a banner year last vcar. chalking up record sales of at least SI 63.26 million, or double the total 577.88 million achieved in 1992. The total number of properties placed
      581 words
    • Article
      Drop in construction contracts for November
      163 2 I A IQTAL of $677.54 million worth of construction contracts were awarded in November 1993. This was a 29 per cent drop on the previous month and a 36 per cent drop on November 1992. Preliminary statistics from the Construction lndustr> IXvelopment Board released
      163 words
    • Article, Illustration
      Former envoy is new TDB chief
      234 2  -  By Schutz Lee BARRY DESKER. Singapore's former ambassador to Indonesia, is the new chief executive of the Trade Development Board. Mr Desker assumed the post on Jan I. tnc board said yesterday. He replaces Yeo Seng Tcck. who was suspended in November when he
      234 words
    • Article
      EDB aims to boost quality of workforce
      294 2  -  I INDUSTRY UPDATE By Ven Sreenivasan THE Economic Development Board's Capability Development Division (CDD) and International Manpower Division (IMD) will intensify their efforts to enhance the quality of Singapore's workforce. While the IMD will scour for talent and skills worldwide. the CDD will
      294 words
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      69 2 O OMEGA The sign of excellence. Congratulations to m M. W. Marshall (Singapore) Pte Ltd on the official opening of your new premises at 6 Battery Road. BT is proud to be the supplier of your 96-position Financial Trading System. With this highly resilient system that is digitally switched and
      69 words
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  • THE REGION
    • Article
      Foreign investments approved by M'sia down 60pc in 1993
      558 3  -  By Teh Hooi Ling SINGAPORE Foreign investments in Malaysia approved by the government plunged by about 60 per cent last year. Preliminary figures provided by the Malaysian Industrial Development Authority (Mida) yesterday showed a total of 653 projects with an estimated
      558 words
    • Article
      Lock icon OK to make money in stock market: Rafidah
      262 3 Bernama KUALA LUMPUR The government has no "hang ups" about investors profiting from the Kuala Lumpur Stock Exchange as long as they do so without any misdemeanours such as insider trading and there are no dislocations or distortions to the market. International
      Bernama  -  262 words
    • Article
      Asean economies set for robust growth in 1994: DBS
      427 3  -  By Vikram Khanna SINGAPORE Most Asean economies are set to grow strongly in 1994, at rates ranging from 7 to 8.5 per cent, according to DBS Bank's Economic Research Department. In a recent report on the outlook for Asean economies in
      427 words
    • Article
      Lock icon Bangkok to allow partial foreign bids for new TV station
      197 3 Bloomberg Business News BANGKOK The Thai government will allow foreign companies to participate in the bidding for a new television broadcasting licence, a reversal of an earlier decision. A government spokesman yesterday said foreigners may hold up to 25 per
      Bloomberg Business News  -  197 words
    • Article
      Cambodia to rejoin Mekong Committee after absence of 19 years
      417 3  -  By Harish Mehta SINGAPORE: Cambodia is set to rejoin the four-nation Mekong Committee this month after an absence of 19 years. The move paves the way for economic development along the course of the gigantic Mekong River (lowing through Laos.
      417 words
    • Article, Illustration
      Lock icon Manufactured goods make up 70pc of exports
      498 3  -  Indonesian Budget Reports by Maggie Ford in JAKARTA HOW long docs it take for a lumbering giant Third World oil exporting country to turn itself into a nifty newly-indus-trialised country (NIC)? About eight years, according to figures released by the Indonesian government which
      Reuter  -  498 words
    • Article
      Growth likely to remain in 6-7 pc range over next few years
      391 3 HAVING achieved newly-in-dustrialised country status. Indonesia is likely to see a structural transformation over the next five years, according to government forecasts of its latest five-year plan, starting this year. Growth is projected to be in the 6-7
      391 words
    • Article
      Lock icon China tax reform likely to hurt foreign property developers
      508 4 Reuter HONGKONG Sweeping Chinese economic reforms may saddle Hongkong and other foreign property developers with tax bills of up to 90 per cent on profits from deals, said tax and real estate experts in Hongkong. Accountants in the British colony, try
      Reuter  -  508 words
    • Article
      Lock icon Taiwan, China to hold high-level talks soon
      177 4 AFP TAIPEI Taiwan and China have agreed to hold high-level talks in Beijing at the end of this month, following three rounds of unsueeessful negotiations to resolve disputes, a spokesman said yesterday. Shih Chi-ping. spokesman of the semi-official Straits Exchange Foundation (SEE), said:
      AFP  -  177 words
    • Article
      Lock icon Taipei's 1993 trade surplus falls to 10-year low
      261 4 AFP. Reuter TAIPEI Taiwan's trade surplus plunged to a 10-year low in 1993. hit by the slowdown in the global economy and strong competition for Taiwanese exports in major markets such as the US. The surplus shrank by 16.8 per cent to
      AFP.; Reuter  -  261 words
    • Article
      Lock icon HK govt set to post budget surplus amid stock market boom
      431 4 Bloomberg Business News HONGKONG The territory's booming stock market means that the government will record a budget surplus in the current financial year ending March 31 after previously forecasting a deficit. Hongkong's top finance official said. "I cannot deny
      Bloomberg Business News  -  431 words
    • Article
      Lock icon More difficult for Beijing to get MFN status renewed this year: HK official
      503 4 Bloomberg Business News, UPI HONGKONG Hongkong's top finance official said that China may face a more difficult struggle to get Washington to renew its Most Favoured Nation (MFN) trading status this year than in the past because
      Bloomberg Business News,; UPI  -  503 words
    • Article, Illustration
      Lock icon HK hints at going it alone with new airport
      375 4 AFP. Knight-Ridder HONGKONG Hongkong signalled yesterday that it might go it alone with building its mammoth new airport if no agreement with China on its financing emerges soon. Speaking to reporters. Financial Secretary Hamish MacIcod said the British colonial administration would
      AFP.; Knight-Ridder; AFP  -  375 words
    • Article
      Lock icon Chinese securities official charged with insider trading, taking bribes
      256 4 AP BLUING The Chinese authorities have charged the director of a major city's securities watchdog commission with insider trading and taking bribes, the official Beijing Youth Sews said yesterday. The newspaper said it was believed to be the first such case
      AP  -  256 words
    • Article
      Lock icon S Korea welcomes first trade surplus in four years
      314 4 Reuter SLOUL President Kim Young Sam. hailing South Korea's first annual trade surplus in tour years, yesterday promised drastie steps to spur the paee of South Korea's economie recovery. "I intend to make the administration's top priority to strengthen our nation's
      Reuter  -  314 words
    • Article
      Lock icon Tokyo sets up task force to combat rising unemployment
      531 6 AP. Reuter TOKYO Hoping to avoid the debilitating job losses that have hit the rest of the industrialised world, the Japanese government set up an emergency task force yesterday to cope with rising unemployment. At 2.8 per cent, Japan's official jobless
      AP.; Reuter  -  531 words
    • Article
      Lock icon Japan outlines vision of vast multimedia market by 2010
      228 6 AFP TOKYO Japan plans to complete work on its nextgeneration optical-fibre telecommunications network by 2010. By then the nation's multimedia market should be worth 123 trillion yen (SSI.7 trillion) a year. Post and Telecommunications Minister Takenori Kanzaki said yesterday. Mr Kanzaki
      AFP  -  228 words
    • Article
      Lock icon Tokyo to set up panel to implement deregulation plan
      272 6 NYT TOKYO The Tokyo administration will set up an independent commission to ensure that the deregulation and administrative changes proposed by a reform task force are implemented a move that Prime Minister Morihiro Hosokawa hopes will further guarantee that his top
      NYT  -  272 words
    • Article
      Lock icon India's capital inflows expected to rise sharply in fiscal 1993/94: report
      384 6 CMIE BOMBAY Inflows of capital into India are forecast to jump dramatically in the current fiscal year, mostly because of a sharp rise in funds raised by Indian companies on the Euromarket, a leading research institute said. The Centre
      CMIE  -  384 words
    • Article, Illustration
      Lock icon No Gatt, please, we're Indians
      61 6 Reuter PATNA, India Four naked university students walking on Wednesday through a street in Patna, capital of the eastern state of Bihar. They were protesting against the new world pact under the General Agreement for Tariffs and Trade. Some 25 students took part in the
      Reuter  -  61 words
    • Article
      Lock icon Japan, US fail to agree in telecoms trade talks
      191 6 Knight-Ridder WASHINGTON Japan and the US were still unable to find common ground on Wednesday after two days of workinglevel negotiations on Japanese government procurements of US telecommunications equipment, sources close to the Japanese side told Kyodo Wire Service. Telecommunications is
      Knight-Ridder  -  191 words
    • Article
      Lock icon Lower Aussie building approvals signal end of housing boom
      212 6 Bloomberg Business News CANBERRA Australian building approvals in November fell for a second consecutive month, signalling that last year's mini-boom in the housing industry has flattened. The Bureau of Statistics reported yesterday that approvals fell 0.3 per cent in the latest
      Bloomberg Business News  -  212 words
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      97 3 n p HEARTIEST CONGRATULATIONS to Pidemco Land Pte Ltd on the Official Opening of Pidemco Centre PIDEMCO CENTRE JEWELLERY MART MERCHANTS' ASSOCIATION Best Jewellery Goldsmiths Caraters Jewellery Collection Jewellers Fook Cheong Goldsmiths First Jewellery Centre First Pearl Jewellery Bazaar Kim Poh Hong Goldsmiths Jewellers Landmark Gems Supply Li-Hong Jade Gems
      97 words
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      136 4 This announcement appears as a matter of record only Australia Bank U552,500,000,000 Global Commercial Paper and Certificate of Deposit Programme Issuer and Arranger National Australia Bank Limited A.CN *****4937 Dealers BA Asia Limited Banque Nationale de Paris Barclays de Zoete Wedd Limited Lehman Brothers J.P Morgan Securities Ltd. National Australia
      136 words
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      552 5 OTom Italy, Lome to tbe most beautiful objects, comes an inspiration. Ma gniricent. Eternal. Como by Toscano. Remarkable, isn't it, that the Italians; ffF When we launched our Duran find inspiration for style just about collection in scotch grain leather, we anywhere. After all, where else in had the ultimate
      552 words
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      89 6 i. V 1-a msk l Jj|B Put yourself in this man's shoes and you'll soon discover something. whether you're in the middle a or the f M you'll always look great r jSpf? fik\ k: and feel good. one shoe says Hush Puppies. ipb <# ¥m f^ _l« &r~ <
      89 words
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      Page 6 Advertisements Column 2
      59 6 Congratulations to I AA m M. W. Marstuiß (Singapore) Pte iJd I on the official opening of your new premises at 6 Battery Road. i We are pleased to be the supplier of Dealer's Telex and Fax System SWIFT ELECTRONIC ENGINEERS PTE. LTD. 2 Jalan Rajah, #07-26/28 Golden Wall Flatted
      59 words
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  • THE WORLD
    • Article
      Lock icon US to cut quota for Chinese textiles
      352 7 Rcutcr. Bloomberg Business News. AFP WASHINGTON United States Trade Representative Mickey Kantor said the US will cut the import quota for Chinese textile products by 25 to 35 per cent effective Jan 17. Mr Kantor announced the unilateral action yesterday following nine unsuccessful
      Rcutcr.; Bloomberg Business News.; AFP  -  352 words
    • Article, Illustration
      Lock icon Gore seeks views on telecom rules
      325 7 Reuter, Bloomberg Business News WASHINGTON United States Vice-President Al Gore and Commerce Secretary Ron Brown have met nearly two dozen executives and interest group officials to gather input on a far-reaching plan to overhaul America's telecommunications regulations. Representatives from the public and private sector,
      Reuter,; Bloomberg Business News  -  325 words
    • Article
      Lock icon Most of Russia's banks controlled by Mafia, warns senior official
      240 7 Reuter MOSCOW Russia's Mafia controlled most of the nation's hanks with methods ranging from contract murders to computer hacking, a government official said on Wednesday. Alexander Gurov, head of an Interior Ministry research and development institute, told a Moscow business
      Reuter  -  240 words
    • Article
      Lock icon Jobs data could confirm economic growth: analysts
      317 7 Reuter NEW YORK US December non-farm payrolls could be a rehash of old news for US Treasuries, or the ingredient that convinces the market the economy is cooking and on its way to boil, analysts said. The monthly data, which generally command a
      Reuter  -  317 words
    • Article
      Lock icon US employers pass health care costs onto workers
      220 7 Bloomberg Business News WASHINGTON Employer spending on health-related benefits as a percentage of payroll remained virtually unchanged in 1992 as businesses offset rising health costs by passing them onto employees, says a US Chamber of Commerce survey. The survey of about 1,100
      Bloomberg Business News  -  220 words
    • WORLD WATCH
      • Article
        Lock icon Japanese firms shy of eastern Europe
        58 7 Bloomberg Business News LONDON Japan's leading trading companies are reviewing their involvement in eastern Europe following lower-than-expected investment and business opportunities, the Financial Times reported. In the past two years, the level of activity by Japanese companies in the reconstruction of eastern Europe has
        Bloomberg Business News  -  58 words
      • Article, Illustration
        Lock icon Clinton's mother dies
        70 7 Reuter HOT SPRINGS, Arkansas Virginia Kelley, pictured congratulating her son President Bill Clinton after his farewell speech to Arkansas supporters last January, died in her sleep early yesterday, the White House said. She was 70. Mrs Kelley battled breast cancer several years ago and recently told friends
        Reuter  -  70 words
      • Article
        Lock icon US consumer electronics sales to slow
        57 7 UPI LAS VEGAS US sales of consumer electronic products arc expected to increase by 4.4 per cent in 1994, versus estimated 6.3 per cent growth in 1993, the Electronic Industry Association said. The association said the easing of growth reflects predictions for slower growth
        UPI  -  57 words
    • Article
      Lock icon Bentsen to tour Asia with message: exports key to US growth
      471 8 AFP WASHINGTON Treasury Secretary Lloyd Bentsen said on Wednesday he would be earning the message that exports mean growth for the United States economy when he embarks on an Asian tour later this month. "It becomes clearer every day
      AFP  -  471 words
    • Article
      Lock icon PC boom pushes computer system sales to US$120b
      147 8 UPI SAN JOSE, California Worldwide sales of computer systems grew by USS7.I billion (SSI 1.3 billion) in 1993 to U*****.7 billion, paced by gains in personal computers, a survey released on Wednesday shows. Personal computer revenues were up 16.2 per cent to
      UPI  -  147 words
    • Article, Illustration
      Lock icon Getting his feet wet
      43 8 Reuter PARIS A man plumbing the depths of the River Seine on Pont de I'Alma near the Zouave statue, an indicator of the level of the river. When the feet are under water, precautions are taken against floods. Reuter
      Reuter  -  43 words
    • Article
      Lock icon US unlikely to propose new taxes
      268 8 Reuter WASHINGTON US Labour Secretary Robert Reich does not expect the Clinton administration to propose new taxes to fund training programmes, or any other new expenses on business that could hinder job growth. "I don't think the economy right now wants to face any
      Reuter  -  268 words
    • Article
      Lock icon EC shelves proposal for environmentally motivated energy tax
      360 8 AFP ATHENS The European Community's two-year effort to agree on an environmental-ly-motivated energy tax has been shelved. Greek Industry Minister Constantin Simitis said yesterday that the EC's executive European Commission had dropped a proposal to phase in an energy tax equivalent to
      AFP  -  360 words
    • Article
      Lock icon Russian reform must go on: IMF
      108 8 AFP WASHINGTON Despite fears that economic belt-tight-ening could destabilise Russia, the IMF says aid to Moscow should still be made conditional on continued reform. In a letter to the Treasury Department, the IMF said "financial assistance without policy conditionality could have the opposite effect
      AFP  -  108 words
    • Article
      Lock icon European Union urged to revamp farm policy
      196 8 Reuter OXFORD. England The European Union's Common Agricultural Policy is hopelessly flawed in its current form and requires a complete overhaul if it is to survive in the post-Gatt world. "The continued existence of the CAP must be regarded as a triumph of
      Reuter  -  196 words
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      92 7 v <Il> <l& The ever present Gold Card is a common manifest sign that its feel good just looking at it let alone driving it. With live doors owner has arrived. The not so e\er present Pajero, however, and live seats (seven, it necessarx i and an exceptionallv is a
      92 words
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      2237 8 BUSINESS TIMERS TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER Of CONQUEST HOLDINGS PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS Alan Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 10 Anson
      2,237 words
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      288 8 In tha Matter of the Com pan i«s Act, Cap. 50 and In tha Mattar of Watkina Pta Ltd NOTICE OF CREDITORS' MEETING PURSUANT TO SECTION 296 OF THE COMPANIES ACT, CAP. 50 NOTICE IS HEREBY GIVEN that pursuant to Section 296 of the Companies Act, Cap. 50, a meeting
      288 words
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      330 8 IN THE MATTER OF THE COMPANIES ACT. CAP.SO AND IN THE MATTER OF KYOKUTO ENGINEERING PTE LTD (Incorporated In Singapore) (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap.so that the Final Meeting of the members of the
      330 words
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  • SPORTS
    • Article, Illustration
      Lock icon PGA Tour hopes to match US against non-Europeans
      537 9 (iolf Reuter CARLSBAD. California The PGA Tour is planning to match the US Ryder Cup team in a biennial competition against a team from the rest of the world excluding Europe. Commissioner Deane Beman. speaking on Wednesday on the eve of the
      Reuter  -  537 words
    • Article, Illustration
      Lock icon Things are different at La Costa; and Nicklaus has changed too
      574 9 NYT CARLSBAD. California So much has changed since Jack Nicklaus last came here to the La Costa Resort and Spa. a mecca for the monied wedged into the hills north of San Diego. The hotel ownership is different. the
      NYT  -  574 words
    • Article, Illustration
      Lock icon Head and shoulders above the rest
      39 9 Reuter SYDNEY South Africa's man-of-the-match Fanie de V illiers being carried from the field by acting captain Mansie Cronje after their historic five-run victory over Australia in the second test here yesterday. Renter
      Reuter  -  39 words
    • Article
      Lock icon Legend of 1936 Olympics considered for ANC poster
      230 9 AP AMSTERDAM, Netherlands Jesse Owens, the American hero of the 1936 Summer Olympics, may be used by the African National Congress to win the South African elections. Then again, maybe not. A poster featuring the black four-time gold medallist from the Berlin
      AP  -  230 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        177 9 AFP CHICAGO, Illinois Rumours that former basketball star Michael Jordan is about to launch himself into a baseball career were shot down here on Wednesday. The Chicago Sun Times newspaper reported the former Chicago Bulls star intended to take part in the White Sox baseball pre-season training camp on
        AFP  -  177 words
      • Article, Illustration
        Lock icon Cricket
        187 9 Reuter SYDNEY Scoreboard on the fifth and final da> of the second test between Australia and South Africa at the Sydney Cricket (.round yesterday South Africa first innings lft9 (Warne 7/sft. Kirsten ft 7). Auv tralia first innings 292 (Slater 92. de Villicrs 4/80) South Africa second innings 239
        Reuter  -  187 words
      • Article, Illustration
        Lock icon Ice hockey
        30 9 Reuter NfcW YOKk Results of games played on Ml. Wednesday: Hartford 4 Winnipeg 0; NY Rangers 1 Calgary 4 Ottawa 2 Vancouver 7; Quebec 0 Montreal 4. Reuter
        Reuter  -  30 words
      • Article, Illustration
        Lock icon Rugby
        155 9 AFP LONDON England manager Geoff Cooke is convinced Jeremy Guscott will be ready for the Five Nations championship despite a new injury setback. The Bath international centre, who has only played three games this season following a groin strain, had hoped to return to club action tomorrow. He pulled
        AFP  -  155 words
      • Article, Illustration
        Lock icon Soccer
        87 9 AFP PARIS The leading investigator in the Marseilles-Valenciennes match-rigging scandal has taken thi first direct step which could lead to OM owner Bernard Tapie being imprisoned. Public prosecutor Ere de Montgolficr appealed directly o the speaker's office of the natioral assembly "to take coercive measures". Montgolficr needs the approval
        AFP  -  87 words
      • Article, Illustration
        Lock icon Swimming
        70 9 AFP BEIJING China's Zhong Weiyue broke the women's shortcourse 100 m butterfly world record on Wednesday with a time of 58.71 sec. Zhong cut 0.2 sec off the previous world record set by American Mary Meagher 13 years ago. Zhong is competing here in the second leg of the
        AFP  -  70 words
      • Article, Illustration
        Lock icon Tennis
        206 9 AFP AP AFP BRISBANE Results of Australian women's hardcourt championships >esterda> 3rd rd: Magdalena Malccva (Bui) b Natalia Baudone (Ita) 6-0 6-2: Natalia Medvcdeva (Ukr) b Irma Spiriea (Rom) 6-3 7-6: Shi- Ting Wang (Tai) b Linda Ferrando (Ita) 7-6 6-2; Rachel McQuillan (Aust) b Fang Li (Chi) 6-4
        AFP; AP  -  206 words
    • Article
      Lock icon Unseeded Germany in final
      116 9 Hopman Cup AFP PERTH Unseeded Germany swept into the final of the Hopman Cup tennis mixed teams' tournament by defeating Austria yesterday. Germans Anke Huber and Bernd Karbaeher won their respective singles rubbers against the Austrians in the second semi-final of the 12nation A 5760.000 (*****.400)
      AFP  -  116 words
    • Article
      Lock icon Davenport advances to quarterfinals in double quick time
      457 9 Australian hardcourt championships AP BRISBANE American teenager Lindsay Davenport downed compatriot Ann Grossman 6-0. 6-2 yesterday, advancing to the quarterfinals of the Australian Women's hardcourt championship. Davenport said she aimed to win as quickly as possible to escape the heat at the
      AP  -  457 words
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      Page 9 Advertisements Column 1
      116 9 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. -J 8.V.1 ISLE OF MAN 1 BAHAMAS 1 JERSEY 1 BELIZE 1 LIBERIA 1 COOK ISLANDS 1 MADEIRA 1
      116 words
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      34 9 A BUSINESS TIMES JOHNNIE WALKER CLASSIC PROMOTION GUESS THE GOLFER WITNESS THE JOHNNIE WALKER CLASSIC 'UVE'! Check out Business Times tomorrow and on 10 &11 Jan 94 Sponsored by: Organised by: Johnnie <> bilker. Businesslimes
      34 words
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  • Pidemco: A dynamic property developer
    • Article, Illustration
      A ceaseless search for growth
      287 10 Chairman attributes Pidemco's growth to a strong asset base, enterprise and professionalism In less than five years, Pidemco Land has grown from a manager and owner of properties in Singapore into a significant property player with residential, commercial and hotel developments in Singapore and the
      287 words
    • Article, Illustration
      Properties in prime districts
      235 10 Pidemco develops a substantial land bank in Singapore's prized areas As one of the largest property managers in Singapore, Pidemco has a total leasable space of 285,000 square metres. Servicing more than 1.300 tenants, Pidemco's investment properties yield a substantial income base for the group. The
      235 words
    • Article, Illustration
      Commodore Teo to open Pidemco flagship
      203 11 Located within the heart of the city, Pidemco Centre is a five-minute walk from the Raffles Place MRT Station. The Centre has a total lettable floor area of 26,650 square metres. Housing more than 20 jewellery shops, the Centre gives its visitors a wide
      203 words
    • Article, Illustration
      Repeating local successes in the Asia Pacific region
      277 11 Armed with talent and expertise, Pidemco expands into the Asia Pacific region Entering the fastgrowing economies of the Asia Pacific region two years ago. Pidemco is now involved in six projects in both China and Vietnam. "We are committed to expanding our
      277 words
    • Article, Illustration
      From local property developer to one of the region's major players
      200 11 MILESTONES April 1989 Pidemco Land is inaugurated as a wholly-owned subsidiary of URA. March 1990 Pidemco joins a consortium to develop Bugis Junction. April 1991 Leonie Gardens is launched. November 1991 Bugis Village opens. April 1992 Capitol Building, the
      200 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      813 12 Nothing Beats A Bud- fftrcffifl where t w,ne |ne and entertain OK I ■IIIUcHINE A good reason to visit Mischief the fun pub: From spm to Bpm dally, beer and house pouring drinks are at only $3.50++ each. Mischief is open from 11 am to lam daily f\l (till 2am
      813 words
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      Page 12 Advertisements Column 2
      338 12 ]p <EJ it 1S <e TT£ IWidest appetiser choice. If we were to lay the appetiser spread at our monthly international lunch buffet down Orchard %oad, you 11 have the widest choice in town. Literally and wonderfully. Jjjl: Jot reservations, please cad *****51. f 11 Smfipoff s Italian 'Buffet for
      338 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Debra Winger is alive and kicking
      926 13  -  She talks to Jan Hoffman about sex. relationships, drugs, motherhood, directors, and about herself Jan Hoffman NYT LATE one recent wintry afternoon, the chilly river light settled into the living room of one of the two penthouse apartments that Debra Winger owns in an
      NYT  -  926 words
    • Article, Illustration
      Gere does his bid for charity
      434 13 CHATTERBOX ACTOR Richard Gere was in London on Wednesday to take part in an opening ceremony for the Annual Harrods Department Store January Sale in the heart of the exclusive Knightsbridge shopping district. Gere's supermodel wife Cindy Crawford was not there, but Harrods chairman
      434 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      349 13 til. Delectable Candy Bars jUJ| hail from Philippines. Perform nightly vg/ except Monday. Hours: 7.30 pm 2.00 am. I|r J AMARA- HOTEL Singapore 165 laniong Pagar Koad, Singaporeo2oB, Tel: 224 4488, Telex: RS ***** AMARA, Telefax: 224 3910 JCTKVv GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let
      349 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1142 13 TV RADIO Presumed Innocent Bpm, SBC 5 Harrison Ford's prosecutor has a Greta Scacchi. When she's murdered, he becomes the prime suspect and H|BhHk|^^B has Bonnie Bcdclia tormentula m Places in Heart, 9pm, TV Sally a J a Texan town AMI to the De- mr She takes on H veteran
      1,142 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Compaq shifts ad gears
      457 14  -  Corinne Kerk finds out why Compaq is spending big advertising dollars Corinne Kerk NOT many companies enjoy annual sales growth averaging more than 100 per cent especially those in the cutthroat computer industry. But Compaq has done it and is aiming for an even bigger slice
      457 words
    • Article
      Edelman named top PR firm by magazine
      274 14 EDELMAN Public Relations Worldwide, the company that bears the name of its founder and chief executive officer Daniel J Edelman. has been rated No 1 for 1993 by the industry magazine Inside PR. Fleishman-Hillard was ranked second, followed by Ketchum PR. Inside PR
      274 words
    • Article
      Lock icon Where's the fun and creativity in today's ads?
      417 14 NYT DURING an interview in New York last month, Frank Lowe, the chairman and chief executive of the Lowe Group, recalled a conversation with Philip Gcier Jr, the chairman and chief executive of Lowe's parent, the Intcrpublic Group of Companies. "What we
      NYT  -  417 words
    • Article, Illustration
      Exclusive showroom for Fords made in Europe
      234 15 MADE-in-Europc Ford cars now have an exclusive showroom following yesterday's opening of Regents Motors' "Ford of Europe' showroom". Among the Fords that will be displayed in the 186 sq m (2,000 sq ft) area arc the Ford Mondco and Ford Cosworth, which arc
      234 words
    • COPY LINES
      • Article
        Part-time marketing course
        70 15 SINGAPORE The Marketing Institute of Singapore, the Institute of Advertising Singapore and the Institute of Public Relations of Singapore will jointly launch a one-year part-time Graduate Diploma in Marketing Communications programme on March 21. Subjects covered include principles of marketing, public relations, direct marketing and personal selling,
        70 words
      • Article
        PR Comm goes for high-tech market
        53 15 SINGAPORE PR Communications has formed a division to provide public relations and communications services to hightechnology industries. Potential clients also include oil and gas related companies, electronics and computer manufacturers and aerospace industries. PR Communications was set up three years ago. with operations in
        53 words
      • Article
        Interfama gains Viet contract
        45 15 SINGAPORE Exhibition organiser Interfama Fairs and Exhibitions has become worldwide marketing agent for the Vietnam Exhibition Fair Centre. State-run Vefac has six halls in Hanoi, covering a total of 80,000 sq m. It holds about 10 shows a year in Hanoi.
        45 words
      • Article
        Telemarketer sets up office
        41 15 SINGAPORE International telemarketing company Phone Communication has opened an office here. The company is part of the European Telemarketing Group. The local office has already clinched contracts with British Telecom. Proctor Gamble and AX A Sime Assurance.
        41 words
    • Article
      Potted plants and other incentives to attract bank clients
      375 15  -  By Nicholas Fang WHAT does it take to get someone to open a bank account? A handphone, a potted plant? Several banks in Singapore are relying on such items to lure customers. Increased affluence has led to an increase in the
      375 words
  • Page 14 Advertisements
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      39 15 1 BEGINS WITH A I HOME OF YOUR OWN J Stop dreaming and start living. Wander through our Properties Section in The Straits Times Classified and locate an ideal home you have always been cat.s. dreaming of. 737 1166
      39 words
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      Page 15 Advertisements Column 2
      312 15 Since 1875, The Audemars Piguet Le Brassus Switzerland. But for the next ten days, it will be at f If r Cortina Watch Centre, |j| Audemars Pieuet, Le Brassus IHH' f The transformation from watch boutique to watch factory t has brought with it some stunning examples of the watchmaker's
      312 words
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  • Article
    Clusters for economic lustre
    606 16 EDITORIAL THE idea that manufacturing's place in the economy is special, even sacrosanct, is utter rubbish, goes one school of thought. I hose in this camp point to gutted industries and disappearing factory jobs and say it is only a matter of time before serv ices
    606 words
  • WHAT THE OTHERS SAY
    • Article
      An information wing
      337 16 SATELLITE TELEVISION is to an increasingly borderless world of ideas what ships once were to the seas between continents. And for the same reason that ships needed to be used by those who wished to benefit from the new world opening up, satellite technology deserves to be
      337 words
    • Article
      For art's sake
      122 16 SINGAPOREANS have no reason to involve in futile debate over what is art in order to justify the unbecoming acts of certain performers from the sth Passage Artists and the Artists' Village. This was not their first time. To usher in 1993, one of them urinated and
      122 words
    • Article
      What kind of art is that?
      271 16 UNDOUBTEDLY, the act performed by the two persons in the name of art is abhorred by most. We need to strongly rebuke such acts. Art should be given freedom but its freedom is not absolute, just like freedom of any other forms. In addition,
      271 words
    • Article
      Labour woes
      176 16 REPORTS THAT THE Interior Ministry is considering legislation to allow millions of illegal immigrants to work as lowly paid labourers are alarming. Thailand's economic success owes much to its selling of itself as a source of cheap labour, but the government and business leaders must recognise that those
      176 words
    • Article
      Charge of the super bull
      195 16 THERE WAS NO STOPPING the bulls on the Kuala Lumpur Stock Exchange last year and they came back with a vengeance on the first trading day of 1994. They continued their charge till the closing bell on Friday, the last day of trade for 1993,
      195 words
  • Article, Illustration
    No avoiding the yen trend
    934 16  -  US Treasury Secretary Lloyd Bentsen's view that Japan is forcing the yen down to get out of recession is bizarre, writes Tokyo Correspondent Anthony Rowley Anthony Rowley THE NEW YEAR may be only one week old but the suggestion by US Treasury Secretary Lloyd Bentsen
    934 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      83 16 goes on a house hunt How much are private properties going for? Should you buy now, or later? House Hunt gives you the actual transacted prices of all private property sold in Singapore each month. L_ From that, you'll I have a clear view 8U11N195 I 0 f the market.
      83 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      87 16 uww on (i should sftv the. A\ lS GOWG ON'fJ UoP*4 CUUB HftS ~*MQWTtoiieiw*w«aLro.*'««-m> fridl— »w» DOONESBURY GARRY TRUDEAU KWjZ? uuellthb relax ukeyou trooper 8 isuke a virus. n$ appear- I wrrNEC&awLYeHP. over- I ji si™™**' 1 =9/WSaPNT THIN&HAP I STIMULATES A FEVERISH B I HEATIN6A VIRUS, &EH THE I
      87 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Financial flows to Asia continue to boom
      1333 17  -  Leon Hadar looks at a World Bank report on net resource flows to developing countries in 1993 Leon Hadar The writer is a Washington-based journalist who contributes to BT TOTAL net resource flows to developing countries rose by about 13 per cent in
      Source: World Bank  -  1,333 words
    • Article, Illustration
      Lock icon Older people still labouring for acceptance in jobs
      1007 17  -  American employers continue to view age not in terms of experience or stability but as deterioration and staleness. Esther B Fein reports Esther B Fein NYT DESPITE a decade-long push by private and government organisations in the US to market older people
      NYT  -  1,007 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      210 17 fed GST update Hp T he Singapore Government has now finalised the majority ot the subsidiary legislation applicable to the Goods and Services Tax Act 1993. To help you understand the new provisions and how they will affect your business, Coopers Lybrand will be organising three GST Update sessions. The
      210 words
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  • Article
    Lock icon Japan's economy takes back seat to political reform
    515 18 Reuter TOKYO Japan's ruling coalition, apparently oblivious of growing business gloom, yesterday decided to delay a decision on long-awaited measures to boost the economy until its political reform Bills are approved. The government's economic liaison group, made up of economic ministers and
    Reuter  -  515 words
  • Article
    Lock icon Modest rise in US short-term rates likely, says Bentsen
    149 18 NYT Reuter WASHINGTON After a year of touting lower interest rates as an administration accomplishment that has stimulated the economy, US Treasury Secretary Lloyd Bentsen predicted on Wednesday that short-term rates would rise modestly. Mr Bentsen refused to say how soon
    NYT; Reuter  -  149 words
  • Article
    Lock icon Hefty job creation may trigger Fed tightening: analysts
    456 18 Reuter NEW YORK Federal Reserve officials will monitor closely the impact of tax increases and deeper trade imbalances in 1994 as a barometer for altering American monetary policy, economists said. But even before these factors have had an opportunity to put drags
    Reuter  -  456 words
  • Article
    Lock icon Washington, Tokyo lock horns on yen's direction
    302 18 Reuter TOKYO Washington and Tokyo, having buried the hatchet on currency policy for the past several months, now find themselves in disagreement again on the direction of the yen. The market, for its part, has been blithely ignoring the conflict. and the US
    Reuter  -  302 words
  • Article, Illustration
    Major will pay dearly for Yeo's folly
    771 18  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a London-based political commentator who writes regularly for BT THE repercussions of minister Tim Yeo's indiscreet romance go far beyond the door of his mistress's maternity ward. The credibility of Britain's Conservative government
    771 words
  • Article
    Lock icon Bundesbank ignores pressure, leaves interest rates unchanged
    352 18 Reuter FRANKFURT The powerful German Bundesbank, under new pressure at home to give the economy a boost with cheaper credit, yesterday defied its critics and left its leading interest rates unchanged. The central bank said it was holding its key discount and Lombard
    Reuter  -  352 words
  • Article, Illustration
    Lock icon Ground support for a premier
    53 18 AFP TOKYO A huge greeting card on display in the back court of the Prime Minister's official residence yesterday. The card, for Prime Minister Morihiro Hosokavta. measures 15m by 23m. It was made by a local freelance photographer in Japan. An unidentified official is standing
    AFP  -  53 words
  • Article
    Lock icon Former CIA chief in venture with Activision to make espionage thriller video games
    324 18 Bloomberg Business News LOS ANGELES Activision Inc says it will use the experience and advice of former CIA director William Colby to develop video games for personal computers. Acti vision's first title from the collaboration will come
    Bloomberg Business News  -  324 words
  • Article
    Lock icon Tokyo denies it is ready to accept EAEC idea
    179 18 AFP TOKYO Japan has not yet decided whether or not to embrace Malaysia's proposal for an East Asian Economic Caucus (EAEC), a senior Japanese Foreign Ministry official said yesterday. The official denied as "profoundly misleading" a Japanese press report which said
    AFP  -  179 words
  • Article
    Lock icon Pyongyang to let IAEA determine nuclear inspections
    301 18 AP WASHINGTON North Korea has agreed to let the International Atomic Energy Agency (lAEA) determine what inspections are needed to assure the world its nuclear programme is peaceful, a State Department official says. What remains to be worked out are arrangenfents under which
    AP  -  301 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • Article
      Wearnes Tech to list up to four overseas firms in 1994
      442 19  -  By Joseph Rajendran SINGAPORE Computer group Wearnes Technology plans to list up to four companies in 1994 and has streamlined its European operations. General manager Lim Chong Kiat said yesterday the company expected to be profitable in the year
      442 words
    • Article
      DBS Land chalks up third Indon tie-up
      444 19  -  By Sylvia Wong SINGAPORE Property big-wig DBS Land continued its blistering pace of overseas investments by announcing yesterday that it would enter its third joint venture in Indonesia. It said in a statement that it entered an agreement with PT Pakuwon Subentra Anggreini
      444 words
    • Article
      OCBC Bank should put revaluation rumour to rest
      641 19  -  By Shiv Taneja SINGAPORE The jury may be still out on why OCBC Bank shares rocketed in midDecember by almost $3 to SI4. The situation recurred yesterday before OCBC shares came ofT at $15. Amid all the uncertainty, one rumour hopefully can
      641 words
    • Article
      Metro buys Hotel Props' stake in HK firm
      92 19 SINGAPORE Retail-based Metro Holdings has bought listed Hotel Properties Ltd's (HPL) 50 per cent share in its Hongkong associate company, Metrobilt South China (MSC), for HK$B million (Ssl.6 mil- lion). The deal involves 1.15 million MSC shares of HKSIO each. Metro, which
      92 words
    • Article, Illustration
      Lock icon Untitled
      290 19 Source: Bridge Info Performance of STII's Index stocks Jan 6 Lot Scaae lain Stack Mir One fart«r—iiii <*) <*> Avino 2.330 -0 090 1.43 3.02 CAC 8 9 50 0 050 5.50 -I.U CWT 3.200 0.020 197 -0.67 Cerebos 7.400 -0.400 4.53 13.42 FAN 17.600 I0.SI GenMjg I 350 -0.010
      Source: Bridge Info  -  290 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Green light for Hai Sun Hup ADRs
          60 20 SINGAPORE The Hai Sun Hup Group yesterday confirmed that approval was granted by the US Securities and Exchange Commission on Dec 8 for it to register 10 million Hai Sun Hup American Depositary Shares to be traded over-the-counter in the US market. This
          60 words
        • Article
          Subscription price for DBS shares
          41 20 SINGAPORE DBS Bank has announced a subscription price of 5i2.50 today for those who want to round up their holdings of DBS ordinary shares to the nearest 100 after converting their DBS non-redeemable convertible preference shares.
          41 words
        • Article
          Lock icon Antah and partners sell two resorts
          137 20 Bernama KUALA LUMPUR Antah Holdings Bhd and its two partners in two beach resorts at Cherating and Langkawi have signed an agreement with Advance Synergy Bhd to sell the resorts for MS47 million (5528.7 million). Antah owns an 89.3 per cent stake in Langkawi
          Bernama  -  137 words
        • Article
          Causeway appoints new director
          38 20 SINGAPORE Causeway Investment Ltd yesterday appointed Francis Chua as a director, the company said. Mr Chua is the first managing director of Batamindo Industrial Management Pte Ltd. which is developing the Batam Industrial Park.
          38 words
        • Article
          Pacific Carriers buys new subsidiary
          37 20 SINGAPORE Pacific Carriers Ltd yesterday said it recently acquired a new subsidiary, Polyscent Sdn Bhd, which will own the vessel AIV Doric Armour. Polyscent has an authorised capital of MS 100,000 (S$61,000).
          37 words
        • Article
          Lock icon KOP to build township in Seremban
          82 20 Bernama KUALA LUMPUR Public-listed company Kemayan Oil Palm Bhd will build a new township in Seremban that will involve over MS4OO million (***** million) in investment. The new township is 15 minutes away from the new Kuala Lumpur international airport via the proposed Seremban-Sepang
          Bernama  -  82 words
      • Article
        Lock icon MGR bounces back to be top gainer, up 45pc on re-quoting
        174 20 Bernama KUALA LUMPUR Tim-ber-based MGR Corporation Bhd emerged as the top gainer on being re-quoted on the Kuala Lumpur Stock Exchange yesterday. It finished M 57.70 or 45.7 per cent up at M 524.70 (SSI 4.90) despite a lower
        Bernama  -  174 words
      • Article
        UNIT TRUSTS & FUNDS
        509 20 UNIT TRUSTS FUNDS Managers' prtcM Jan 7 Umbond-t- 1.025 l.05xd in nnr n.. it T 11Jlt United GrFund! 1.73 l.80xd Singapore Ultlt Trust United Asia Fund 2.I0 2.20xd« The Commerce 1.91 2.01 NTUC Income S pore Pre?Fund 0.78 082 Income Bond Policy 4.84 5.01 S'pore Sec Fund 1.15 1.21 PflldMltisI
        509 words
      • Article
        Manila okays sale of Philseco to Kawasaki-Keppel group
        397 20  -  From Al Labita in MANILA THE Philippine government yesterday approved the award of its majority equity stake in Philseco to the group led by Japan's Kawasaki Heavy Industries, paving the way for the Keppel group's entry into the nation's largest shipyard. The
        397 words
      • Article
        Creative files false advertising complaint against Cardinal Technologies
        316 20  -  By Corinne Kerk SINGAPORE Creative Technology and its US subsidiary Creative Labs yesterday filed a complaint in the US District Court against Cardinal Technologies Inc. In a statement yesterday, Creative claims Cardinal falsely advertised its Digital Sound Pro 16 Audio card to
        316 words
      • Article, Illustration
        Lock icon Aztech to launch share offer at end of month
        405 20  -  By Ven Sreenivasan SINGAPORE Homegrown Aztech Systems, which has obtained in-principle approval for a Sesdaq listing, is planning to launch its initial public offer (IPO) at the end of this month. Although he declined to reveal the price or size of
        Photo by Arthur Lee  -  405 words
      • Article
        SSE pumping $32m more into new yard in Tuas
        441 20  -  By Dexter Lee SINGAPORE Singapore Shipbuilding Engineering (SSE) is pumping another 532 million into its new yard in Tuas under the second and final phase of a plan to become a leading medium-sized shiprepairer in South-east Asia. Phase Two of the
        441 words
      • Article
        Hwa Tat Lee sets up units in China, US and Holland
        248 20  -  By Teh Hooi Ling SINGAPORE Main board listed Hwa Tat Lee Holdings, one of Singapore's largest manufacturers of leather upholstered furniture, said yesterday that it has set up three subsidiaries, one each in China, the United States and Holland.
        248 words
      • Article
        Lock icon State-owned Hicom's shares for sale later this month
        218 20 AFP KUALA LUMPUR Hi com Bhd, Malaysia's state-owned heavy industries group, is offering its shares for sale towards the end of this month ahead of a major listing exercise on the local bourse, company officials said yesterday. "The public offer will be
        AFP  -  218 words
      • Article
        Lock icon SET chief tells brokers to monitor margin lending
        242 20 Bloomberg Business News BANGKOK The president of the Stock Exchange of Thailand has asked broking firms to "closely monitor" their margin lending following a surge in both share prices and margin trading. At the same time. Seri Chintanaseri said in an interview
        Bloomberg Business News  -  242 words
      • Article
        Asahi and Itochu acquire 75pc stake in CSI's beer subsidiary
        380 21 SINGAPORE Oei Hong Leong's Hongkong-listed China Strategic Investment Ltd has sold 75 per cent of a beer subsidiary to Japan's Asahi Breweries Ltd and Itochu Corporation for some US$2O million (5531.8 million). Wire reports yesterday said Asahi now holds 45
        380 words
      • Article
        Lock icon Hutchison converts China Strategic redeemable note
        352 21 Bloomberg Business News HONGKONG Hutchison Whampoa, a conglomerate controlled by Hongkong tycoon Li Ka-shing. has converted a HKS3O6 million (Ss62 million) convertible redeemable note into a 21.9 per cent stake in China Strategic Investment but will sell the majority of that stake. In a
        Bloomberg Business News  -  352 words
      • Article
        Lock icon Boom in regional markets forces rethink on definition of cheap shares
        787 21 MARKET Bloomberg Business News TOKYO An explosion in share prices across South-east Asia has forced investors to reconsider traditional definitions of "cheap" and "expensive". With key indexes rising from 59 per cent in Singapore to 152 per cent in
        Bloomberg Business News  -  787 words
      • Article
        Lock icon Taiwan's SEC approves plan to expand HK-listed fund
        243 21 Bloomberg Business News TAIPEI A plan by a Taiwanese investment trust company to sharply increase the size of a Hongkong-listed mutual fund specialising in Taiwanese stocks has been approved by authorities in Taipei, the company said. Kwang Hua Securities Investment Trust Co,
        Bloomberg Business News  -  243 words
      • Article
        Lock icon Bechtel wins US$200m building contract in Bangkok
        159 21 Bloomberg Business News HONGKONG Bechtel Group Inc said it won the contract to manage construction of a US$2OO million (SS3IB million) office complex that will include the tallest building in Bangkok, Thailand. The Empire Towers project will consist of three interconnected structural-steel office
        Bloomberg Business News  -  159 words
      • Article
        Lock icon China to unveil new stock listings in HK
        266 21 Reuter, UPI HONGKONG China will announce next week another group of Chinese incorporated companies to be listed in Hongkong, said Charles Lee, chairman of the Stock Exchange of Hongkong. "The next group of China state owned companies to be listed here will
        Reuter,; UPI  -  266 words
      • Article
        Lock icon Allied has stake in group buying Innovisions
        189 21 Bloomberg Business News HONGKONG Investment company Allied Industries International said that it has a stake in a company that is buying a controlling interest in Innovisions Holdings. In a statement to the Hongkong stock exchange. Allied said that the cost of the stake
        Bloomberg Business News  -  189 words
      • Article
        Lock icon Japan's steelmakers likely to suffer 300b yen group losses
        216 21 AFP TOKYO Japan's five major steelmakers are expected to suffer combined actual net consolidated losses of 300 billion yen (SS4.I billion) in the year to March amid a prolonged economic slump, the Nikkei newspaper said yesterday. The figure, which excludes such
        AFP  -  216 words
      • Article, Illustration
        Lock icon Revving up more sales for Taiwanese group
        48 21 Reuter HO CHI MINH CITY Vietnamese workers painting a huge motorcycle advertisement in Ho Chi Minh City for the Ching Fong Group of Taiwan on Wednesday. Taiwanese firms account for 23 per cent of the total foreign investment in Vietnam. Reuter
        Reuter  -  48 words
      • COMPANY BRIEFS
        • Article
          Lock icon HK Land unit in Hanoi project
          84 22 Reuter HONGKONG A joint venture between Hongkong Land Holdings Ltd's unit, Hongkong Land (Hanoi Land) Ltd, and its Vietnamese partner Kinh Do Co will start a US$7 million (Ssl 1 million) property project in Hanoi, said contractor Gammon Construction Ltd. It will be a
          Reuter  -  84 words
        • Article
          Lock icon New trust for investing in Asia
          76 22 Bloomberg Business News LONDON Edinburgh Fund Managers is starting a new investment trust for smaller companies in the emerging Asian markets, the Financial Times reported. The international fund management group hopes the new fund, called the Edinburgh New Tiger Trust, will raise £50 million
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Sales of modem maker GVC soar
          59 22 Bloomberg Business News TAIPEI GVC Corp, one of the world's largest manufacturers of modems, said yesterday that sales in December rocketed 260.2 per cent from December 1992 to a monthly record of NT$B5O million (5550.6 million). Sales for all of 1993 rose 127.04 per
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Toy firm makes sparkling debut
          79 22 AFP HONGKONG Playmates Toys Holdings Ltd, true to the spirit of its spunky Teenage Mutant Ninja Turtles, sparkled yesterday as it debuted on an otherwise dismal Hong Kong Stock Exchange. Issued at HK$2 (44 S cents), the first issue of 1994 ignored a 6.5 per
          AFP  -  79 words
      • Article
        Lock icon Apple, Microsoft sign comprehensive accord
        160 22 Reuter SAN FRANCISCO Microsoft Corp and Apple Computer Inc's Applesoft division have signed a comprehensive agreement to ensure that their messaging and directory services work together. They also agreed yesterday to provide their customers with the necessary software to share information across the Apple Macintosh
        Reuter  -  160 words
      • Article
        Lock icon Kmart to sell stakes in units, take US$850m charge
        414 22 Bloomberg Business News TROY, Michigan Kmart Corp, as part of an effort to strengthen its discount-store business, will sell 20 per cent to 30 per cent stakes in each of its specialty-store divisions and take a restructuring charge of US$B5O million
        Bloomberg Business News  -  414 words
      • Article
        Lock icon Borden to sell three units in restructuring
        250 22 Reuter NEW YORK Borden Inc is getting out of snack foods, jams and seafood in a muchanticipated restructuring that will lead to a dividend cut and US$65O million (551.04 billion) in charges for the diversified foods giant. Wall Street analysts yesterday praised the
        Reuter  -  250 words
      • Article
        Lock icon Kodak, Sir Speedy zoom in on photo CD market
        325 22 Bloomberg Business News SAN FRANCISCO Eastman Kodak Co and Sir Speedy Inc are joining forces to help business customers put slideshow presentations onto photo compact discs. Kodak has installed its Photo CD Portfolio hardware in more than 300 Sir Speedy stores.
        Bloomberg Business News  -  325 words
      • Article, Illustration
        Lock icon MCA plans Universal Studios park in Osaka
        207 22 UPI LOS ANGELES MCA Inc plans to build a Universal Studios theme park in Osaka. Japan, similar to its theme parks in California and Florida, it announced on Wednesday. Universal Studios Japan will be developed on about 56 ha of waterfront property with
        UPI  -  207 words
      • Article
        Lock icon Disney renews commitment to Virginia project
        129 22 Bloomberg Business News BURBANK, California Walt Disney Co, playing down previous statements that it might scrap plans for a Virginia theme park, has filed a rezoning application with Prince William County. The company yesterday said it planned to expand its Disney's America theme park
        Bloomberg Business News  -  129 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Credit Suisse gears up for competition
        605 23  -  New era of private banking has meant new ways of doing business By Paul Leo SINGAPORE The emergence of young entrepreneurs is changing the way private banking is being conducted. Gone are the old monies that seek only the preservation of value, place great
        605 words
      • Article
        Lock icon Banesto bailout will strengthen Spain's financial system: analysts
        302 23 Bloomberg Business News MADRID The move by the Bank of Spain to rescue Banco Espanol de Credito may have rattled investors' and depositors' nerves but it will ultimately strengthen the country's banking system. Analysts yesterday said a bailout of Banesto, as the
        Bloomberg Business News  -  302 words
      • Article
        Lock icon Philippine bank chief presses for deregulation
        221 23 AFP MANILA Philippine Central Bank chief Gabriel Singson yesterday called for the passage of a new law allowing more foreign banks to operate in the country despite opposition from the local financial cartel. Mr Singson told businessmen that the deregulation of the closed banking
        AFP  -  221 words
      • Article
        NTUC Income's premiums cross $400m mark
        296 23  -  By Soh Tiang Keng SINGAPORE NTUC Income's premiums crossed the $400 million mark in 1993, according to preliminary figures released yesterday. General insurance premiums surged 24 per cent to $105 million, while life insurance premiums excluding single premiums grew 20 per cent to $235
        296 words
      • Article
        Lock icon Abtrust places £38m capacity for Lloyd's
        143 23 Reuter LONDON Abtrust Lloyd's Insurance Trust pic, one of the new breed of corporate investment vehicles for the Lloyd's insurance market, said it has placed underwriting capacity of £38.275 million (SS9O million) for Lloyd's 1994 year. Abtrust Lloyd's chairman Peter Gray said this figure
        Reuter  -  143 words
      • SMALL CHANGE
        • Article
          Lock icon Sydney futures volume jumps 22pc
          79 23 Reuter SYDNEY Trading volume on the Sydney Futures Exchange (SFE) jumped 22.3 per cent to 21.48 million futures and options contracts in 1993 from 17.56 million in 1992. SFE figures show futures volume rose 21.6 per cent to 19.12 million contracts from 15.73 million and
          Reuter  -  79 words
        • Article
          Lock icon SEC delays new NASD rules
          86 23 Reuter WASHINGTON The US Securities and Exchange Commission delayed the effectiveness of restrictions it approved last month on the use of the National Association of Securities Dealers' small order execution system. In doing so, the agency granted the request of All-Tech Investment Group. The stay
          Reuter  -  86 words
        • Article
          Lock icon GE Investments sells funds via banks
          59 23 Bloomberg Business News STAMFORD GE Investments is to start selling its mutual funds through banks in a move to tap a growing trend in the industry. "The bank channel is expected to be the single fastest growing route for mutual fund sales in the
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Commerzbank's new London bond chief
          42 23 Bloomberg Business News FRANKFURT Commerzbank AG has appointed Gordon Anderson as general manager of its London branch, responsible for international capital markets. It is also doubling its London bond trading staff to 30 people. Bloomberg Business News
          Bloomberg Business News  -  42 words
      • Article
        Lock icon New Asian oil price index attracts traders' interest
        507 24 Reuter SINGAPORE A new pricing mechanism for refined oil products attracted better than expected industry participation at its debut and its accuracy will determine if traders use it as an alternative tool, industry sources said yesterday. Asia's burgeoning economies are the world's
        Reuter  -  507 words
      • Article, Illustration
        Lock icon Factory on the cutting edge
        43 24 Reuter BOMBAY A gem polisher working on a lathe in a bustling diamond factory in a Bombay suburb. Diamonds are a fast-growing export for India, bringing in more than a sparkling US$3 billion (554.7 billion) a year. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Taiwan state firm sends group to survey China's oil resources
        364 24 AFP, Reuter TAIPEI The state-run Chinese Petroleum Corp (CPC) will send an eight-member group to survey oil resources and refinery conditions in China, despite a four-decade ban on direct contact between Taipei and rival Beijing, company officials said yesterday. The
        AFP,; Reuter  -  364 words
      • Article
        Lock icon China buys US wheat for the first time since July
        274 24 Reuter WASHINGTON A large sale of subsidised American wheat to China, the first since last summer, could signal China's return as a customer of American wheat, industry sources here suggested on Wednesday. "We hope it means more purchases, but the
        Reuter  -  274 words
      • Article
        Lock icon Nichimen to lend Beijing US$20m for soybean production
        208 24 Reuter TOKYO Nichimen Corp will lend China's General Bureau of State Firms US$2O million (Ss32 million) to boost soybean production in the province of Heilongjiang near the Russian border. A spokesman for Nichimen yesterday said the loan would be repaid within eight
        Reuter  -  208 words
      • Article
        Lock icon More US banks may turn to derivatives
        552 24 Bloomberg Business News SAN JOSE, California New accounting rules aimed at clearing up the mystery of valuing banks' securities portfolios may have an unintended effect: encouraging banks to get deeper into derivatives, the raost mysterious of all financial instruments. Senior bankers at some
        Bloomberg Business News  -  552 words
      • Article
        Lock icon Apache takes one-third stake in Bohai Bay
        217 24 Platts HOUSTON Apache Corp made its first move into China by signing an agreement in principle to acquire a 33.33 per cent interest in Exploration Co of Louisiana's (XCL) Zhao Dong Block in Bohai Bay. Prior to deciding on the XCL farm-in. Apache
        Platts  -  217 words
      • Article
        Lock icon Oil companies grow cautious in Alaskan exploration
        224 24 Reuter LOS ANGELES Several oil companies active in Alaskan exploration are scaling back spending and reassessing their operations there following a series of disappointing drilling projects last year. While the companies see strong prospects for new discoveries, they say Alaskan exploration economics are
        Reuter  -  224 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        151 24 THE USS drifted lower in the Far East especially against the yen on fears that intervention might be used to curb the USS rise after comments made by US officials about the yen. The USS/SS was sold off from morning trade in what appeared to
        151 words
      • Article
        Lock icon London
        188 24 Reuter LONDON The dollar was stuck in a range in late Europe vesterday. with frustrated dollar bulls awaiting a catalyst before jumping in with both feet, analysts said. The Bundesbank, as was generally expected, left German interest rates unchanged at yesterday's council meeting but the market is now convinced
        Reuter  -  188 words
      • Article
        Lock icon New York
        86 24 AFP NEW YORK The dollar slipped against other major currencies in early trading yesterday after the government announced a bigger than expected rise in first-time jobless claims for the last week in December. In active early trading the dollar traded at 1.7380 German marks against 1.7400 on Wednesday
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1562 24 Trade-weighted index calculated against Spore s top 14 trading partners Base year 1985 US$/S$ forward rates Noon Jan 6 SS BU Oder 1-month 1.5945 1.5960 2-month 1.5951 1.5966 3-month 1.5960 1.5975 6-month 1.5970 1.5990 Sourtt OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10m oh Jm S: Singapore dollars
        1,562 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen ends firmer on stable yen
        1329 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen interest rate futures recovered on the back of position adjustments as dollar rises were halted against the yen in foreign exchange markets. As the yen stabilised, sales of export-oriented shares in the Tokyo market accelerated after several days
        Reuter  -  1,329 words
      • Article
        KL tin rebounds 12 sen
        601 25 COMMODITY REPORTS Tin MALAYSIAN tin closed 12 sen higher at MS 12.29 a tonne yesterday. mainly attributed to higher London prices overnight and initial low offers, traders said. Miners kept at the sidelines in anticipation of higher prices. Traders noted an opening offer of 42
        601 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Prices of Thai fragrant rice up
          91 25 BANGKOK Thai fragrant rice prices in the local market rose yesterday on talk Japan is seeking 50.000 tonnes of the grade, exporters and traders here said. Local newspapers said Japan had already bought the rice at US$53O per tonne FOB. but exporters and traders
          91 words
        • Article
          Record Vietnam rice output in '93
          140 25 HANOI Vietnam exported nearly 1.7 million tons of rice in 1993. some 100,000 tons short of the target for the year, according to a city daily report monitored by Kyodo Wire Service. Total 1993 output was estimated at a record 24.5 million tons, according
          140 words
        • Article
          Viet coffee to be used to pay off debt
          98 25 LONDON The Vietnamese government should soon start buying coffee on its domestic market, which it will use to reimburse some of its debts with various countries, as it does every year, trade sources said. An estimated 30,000 to 40.000 tonnes of
          98 words
        • Article
          Taiwan imports less gold in '93
          56 25 TAIPEI Taiwan imported 135.95 tonnes of gold in 1993. down from 180.52 tonnes in 1992. the Finance Ministry said yesterday. Imports in 1993 were worth USSI.S2 billion, against USS2.OI billion in 1992. Taiwan imported 5.99 tonnes of gold in December, down 51.6 per cent
          56 words
    • Article
      COMMODITY PRICES
      1614 25 Rubber IMS tmmmrnt Eidwp (futures cWstaf as at lpoi) IBS I C—tract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 94 132.00 131.50 132.50 75 3.300 Mar 135.00 134.50 134.75 950 6.725 Apr 137.25 137.25 136.25 400 5.750 May 138.50 138.25 137.50 200 6.000
      1,614 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1151 26 +6.9 A LATE revival in the resources sector pushed the Australian share market oft* its lows to yet another post-crash record and beyond 2.2(H) at the close. The All Ordinaries index closed 6.9 points higher at 2,2(X).3. a level it tested but was unable to hold on Wednesday. Dealers
        1,151 words
      • Article
        Manila
        593 26 +62.16 Philippine shares surged anew as second liners helped push indices up after a one-day correction. brokers said. The Manila index climbed 62.16 points and Makati by about 30. "Those who liquidated positioned themselves again. Foreign investors and institutional buying triggered the market to rise." said Rudsend Alpay of
        593 words
      • Article
        Taipei
        576 26 +37.68 Taiwan's weighted stock index closed at a 42-month high in volatile, frenzied trade as financials surged but most industrials dropped on heavy profit-taking from the recent bull run. The index opened sharply up and then swung wildly between 6.283 and 6.719 points before ending 37.68 up at 6.454.52,
        576 words
      • Article
        Seoul
        402 26 +6.24 Strong interest in blue chips pushed the stock market to close higher in heavy turnover but financials and low-priced shares lost ground, brokers said. The composite stock index added 6.24 points to 893.17. Brokers said low-priced small and medium-sized companies. less weighted on the index, would gain momentum
        402 words
      • Article
        New Zealand
        291 26 +6.02 The New Zealand share market nudged ahead yesterday with rises in forestry shares countered by weakness in leader Telecom. The NZSE-40 capital index closed up 6.02 points at 2,198.82 on a volume of NZ567.2 million. The smaller companies index rose 48.95 to 4,666.75. Carter Holt Harvey rose
        291 words
      • Article
        Bombay
        54 26 +52.8 Stocks rose further towards close, after a mild drop at midsession, as buying by Indian brokers and institutions continued on the last day of the current account period, brokers said. The Bombay Stock Exchange 30-share index closed at 3.506.88. up 52.80 points. The 100-share national index was 17.47
        54 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        828 26 Britannia Funds Sterling C'«\h Bid Offer Mim < jp Deposit W 64*10 *500 Mini Jerses toll OIlWJ 0 IW Mim Ma*Income •UN00 *11 UW I S$ Cask 1 ik 'Hit Plus F und 10 ~> 100 II 2400 PSS Rome Fund 5.2JOO 5-2400 Slerlins I ouih Furo Performance 0 4512
        828 words
      • Article
        London
        669 26 +23.8 UK stocks closed near their highs yesterday as heavy early losses were reversed by a squeeze in the FTSE futures market, some covering of short positions and a firm Dow Jones index, dealers said. The FTSE 100 closed at 3,403.0, up 23.8 points for the first time this
        669 words
      • Article
        Paris
        153 26 +25.51 French shares finished over one percent higher, building on their gains after the Bundesbank left key rates unchanged on a view the German central bank will probably cut interest rates at its next meeting in a fortnight's time. Dealers said the market's small correction this week had been
        153 words
      • Article
        Frankfurt
        186 26 -13.19 German stocks stalled at a lower level in late activity as concern grows over the woes of metals company Metallgesellschaft. traders said. In screen-based trading on Ibis, the DAX traded at 2.220.63, little changed from the official close of 2,220.22. During official trading between 10:30 am and 1:30
        186 words
      • Article
        Brussels
        205 26 +4.44 The Bel-20 index of leading Belgian shares ended the last dav of the forward mar- ket account at an all-time closing high after another busy session. Traders did not expect the rise to be over yet and saw the 1.500 level on the index being tested soon. Some,
        205 words
      • Article
        Amsterdam
        277 26 1.17 Dutch shares closed mixed but with a positive bias as powerful performances from a handful of blue chips led the market to new highs again. The 24-share AEX index closed 1.17 points or 0.28 per cent better at 423.57 after earlier peaking at a new all-time intraday high
        277 words
      • Article
        Zurich
        243 26 -1-10.45 Swiss shares closed higher as strong demand for Nestle. ÜBS and Zurich Insurance led the market higher. Dealers said new buying in Nestle set in when it became clear that the share had managed to establish itself above 1.300 Swiss francs. The SPI rose 10.45 points to 1.913.11.
        243 words
      • Article
        Johannesburg
        317 26 31 Gold shares ended down on the back of a stalled gold price while industrials continued their upward march in what dealers said was a choppy day's trade with conflicting signals. The overall index, which shed 24 points to 5.062. could have looked better than it did but for
        317 words
      • Article
        Toronto
        299 26 1.06 Stocks edged up in early trading yesterday despite heavy profit-taking in precious metals after that sector's dramatic rise in recent days. The TSE 300 composite index gained 1.06 points to 4.402.14 on volume of 16.01 million shares for a total value of C 5205.68 million. Of Toronto's 14
        299 words
      • Article
        New York
        818 26 +9.85 The Dow Jones industrial average, which rose another 14.92 points to a new all-time high on Wednesday. was ahead 9.85 points to 3.808.66 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.32 to 259.63. while S&P-500 was up 0.79 to 468.34.
        818 words
    • Article, Illustration
      Lock icon HONGKONG
      3146 27 Reuter HONGKONG Heavy profit-taking sent share prices tumbling and stripped more than 6.5 per cent off the Hang Seng Index yesterday, brokers said. The blue chip index fell 793.43 points to end at the low for the day at 11,374.50. But brokers said they were not alarmed at the
      Reuter; Source: Bridge Info  -  3,146 words
    • Article, Illustration
      CHINA
      503 27 THE CLSA Shanghai B Index closed 7.03 points higher at 1,151.4 yesterday. The most active stock was Friendship Store, putting on another 3.3 per cent to close at 81.8 US cents. First Pencil performed the best adding 9 per cent. Other major gainers, Dajiang and Hero, advanced more than
      503 words
    • Article, Illustration
      Lock icon TOKYO
      2442 27 Reuter TOKYO Stocks closed firmer yesterday, but prices shed earlier gains on profit-taking and stop-loss selling, brokers said. A halt in the dollar's rise against the yen hit prices of exported-oriented companies, which have been leading the recent bull run on the yen's weakness. The benchmark Nikkei 225 average
      Reuter; Source: Bridge Info  -  2,442 words
    • Article, Illustration
      Lock icon BANGKOK
      1861 27 Reuter BANGKOK Institutions joined individuals in taking profits on Thai stocks for the second day, sending the index tumbling 2.44 per cent, brokers said. The SET index fell 41.70 points to close at 1.667.94 on near-record-high turnover of 38.86 billion baht. Brokers said heavy losses suffered by Hongkong stocks
      Reuter; Source: Bridge Info  -  1,861 words
    • Article, Illustration
      Lock icon JAKARTA
      1151 27 Reuter JAKARTA Share prices closed mixed in active trading with stocks seemingly unaffected by Indonesia's cautious budget announcement, brokers said. The Composite Index closed at 609.32, a loss of 3.57 points. "The budget doesn't seem to have had any impact on the market at all," a foreign broker said.
      Reuter; Source: Bridge Info  -  1,151 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2915 28 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume AMDB 50c 17.06: 000 Fatvr C.rixip 15.174.000 FACB 50c 13.877.000 Promet 11.08*000 Kamunling 50c 9.661.000 Metroptex 50c 9.203.000 Tan hong 50c 8.784.000 Kenong BhJ 50c 8.489.000 MCB Hldgs 50c 8.137.000 ldns Hvd 50c 7,306.000 Pegi Mwa 7.184.000 Johan HIJgs
      Source: Bridge Info  -  2,915 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index plummets 5pc, steepest fall since 1989
        5844 28 Bernama KUALA LUMPUR The benchmark Composite Index plunged 65.77 points or 5 per cent yesterday, its steepest one-day fall since 1989. The index which had touched a new all-time high of 1,333.04 on Wednesday, fell on a wave of selling pressure and profit-tak-ing
        Bernama; Source: Bridge Info  -  5,844 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7077 29 I MAIN BOARD Transaction date: Jan 6 Gf Or 1993/94 Last Vol Day last Quote Di» Di» N Id Net M Cap High U» Companv Sale COOO) High Ix>» Buyer Seller S C*f S P/E Smil INDUSTRIAL AND COMMERCIAL 1400 260 t Aetna 1290 30 638 1290 1260 1280 1290
        7,077 words
      • Article, Illustration
        Lock icon Correction continues as index sheds 44 points
        1729 30  -  By R Sivanithy SINGAPORE The longawaited stock market correction kicked into second gear yesterday, with only a handful of counters providing investors with gains. The fall, which analysts described as timely, brought the Straits Times Industrials Index down 43.73 points or 1.8 per
        Source: Bridge Info  -  1,729 words
      • Article, Illustration
        Hong Fok Corp
        117 30  -  By Paul Leo HONG FOK Corporation has fallen from $2.85 on Dec 24 to $2.50 yesterday. Technicals support a bullish view. The daily Relative Strength Index is below 25 and further price weakness would push it into deeply oversold territory. Daily stochastics arc near zero, indicating an
        117 words
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      Page 19 Advertisements Column 1
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      148 words
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      47 words
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      Page 20 Advertisements Column 2
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      31 words
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      36 21 7 ■■Ma .f;: &'M -SS if^hHl® Mil 1® fig BS 1 a j■ >:• *>; 'I >!"• ~fli <■-■&.. ,1 .a< c A j v>/ I The Economist I >' V-.v- j x .<- 1 I V, t''' :r 1 I h
      36 words
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      30 22 r•' -fV r" I*:.-''*.-;" >'• HI Q Q ID CI 11 n i* >"fivi= v; fez-Jk-y ->•, ferHH f -t-.i:- --3>- i jTtfi iiiip iTimTrnlWWMTf'fii irT iP ilr J V--W* r n
      30 words
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      Page 25 Advertisements Column 1
      624 25 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:7AI-129t0 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF LEXWEAR SINGAPORE PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 306<1) of the Companies Act, Chapter SO. that a Final General Meeting of the
      624 words
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      Page 25 Advertisements Column 2
      35 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Make new business contacts through classification 203 in The Straits ©"wQ Times $V| Classified, cjlta
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      1657 30 B_LL_S_j_J4 ESS TIMES CHAMCEHLOOGE DEVELOPMENT PTE LTD (footporatßd in the RqpuMc of Singapore) HOTCE m HEREBY GNBt tat a Final General Meeting of the members of company wfl be held at 1 Noti Bndgß Road #1201/06 H{f>SfreetCer»e,Sngapcreo6l7on 14 February 1904 at 1000 am tor tin Uowng purpose AGENDA 1. To
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      Page 30 Advertisements Column 2
      659 30 BROKERS' STOCK PICKS in Personal Finance and Investment on Saturdays IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF MENDAKJ TRAVEL TOURS PTE LTD (M LIQUIDATION) Extract of the Mint/tea of an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings
      659 words
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  • Shipping Times
    • Article, Illustration
      S American carrier using S'pore as S-E Asian hub
      394 31  -  By Rahita Elias SINGAPORE Shipping links between Singapore and South America have been enhanced by new services. South American carrier Compania Latinoamerica dc Navigacion (Clansa) has begun using Singapore as the collection point for South-cast Asian cargo, according to Port View,
      394 words
    • Article
      Lock icon Ice causes barge slowdowns on US Midwest rivers
      246 31 Knight-Ridder KANSAS CITY Ice formation on the Illinois and MidMississippi rivers is causing some slowdowns in barge traf.fic movement, but has not led to any unusual closures so far. US Coast Guard and Army Corps of Engineers officials said on Wednesday morning.
      Knight-Ridder  -  246 words
    • Article
      Lock icon NVOs fear for their survival as shippers limit contracts
      827 31 Trans-Atlantic Agreement slashes discounts, cargo volumes American Shipper NEW YORK When most of the large North Atlantic shipping lines announced they would cooperate in a programme to raise freight rates across the board, several non-vessel-operating common carriers said they feared their
      American Shipper  -  827 words
    • Article
      Lock icon Call for St Lawrence Seaway tolls to be scrapped
      369 31 Reuter WASHINGTON Tolls for shipping on the St Lawrence Seaway should be eliminated, said Stanford Parris, administrator for US St Lawrence Seaway Development Corp. He wants to broach the subject with the Canadian government. which shares management of the seaway. Mr
      Reuter  -  369 words
    • Article
      CT9 delayed by govt's refusal to pay HK$3b
      326 31 SINGAPORE The Hongkong government's refusal to pay HKS3 billion (SS62I million) for infrastructure work is delaying the 11KS12-billion Container Terminal 9 project. the South China .Morning Post has reported. The report quoted Mark Lccse. managing director of Modern Terminals Ltd (MTL). one
      326 words
    • Article, Illustration
      Lock icon Turnover at Rostock up
      307 31 KnightRidder HAMBURG Total turnover of the Baltic Sea port of Rostock last year totalled 12.0 million tonnes, up from 10.4 million in 1992. a port spokesman said on Wednesday. Of the total, cocoa imports rcachcd 51.000 tonnes, up from 4.000 in 1992. he said. The speedway
      Knight- Ridder  -  307 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1107 31 Psgc Col ABC Containcrlinc 12 I Accord Group 8 1-3 Africa Container 16 3 Ahienkiel 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
      1,107 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        536 32 Vessel Voy Wo Berth hunt Depariurt Vessel Voy No Berth farivil Departure iurone Port Mankota E.p 04 94 POIA alongsale 0601/1500 Asun Cosmos 4 6,6 aloogsde 0701/0600 Marine P 06 01* P01A alongside 06 01/ '5S® Baiyunstian 109,110 18 alongside 07.01/1800 Mercurypearl Olt P10 alongside 07 01
        536 words
      • Article
        CONTAINER SCHEDULES
        1785 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac, Rose 0488 07/2000 1 06/1500 06/1659 06/1900 2 06/1700 07/0659 07/0900 Vi VioM 02SA 08/0700 1 06/1500 06/1659 06/1900 2
        1,785 words
    • Article
      THE SHIPPING GUIDE
      12403 40 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
      12,403 words
    • Article
      TIDES
      174 47 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JK 1.1 1.2 1.4 1.S 2.2 2.5 2.7 2.6 2.4 2.1 1.7 1.3 1.1 0.9 0.9 1.1 1.3 1.6
      174 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      575 47 Carbon Carton Dec enter 31 Density Water Residue Ash Aluminium Sedment Density Water Residue Ash Aluminiun Sedment M/M t M/M Ewon Exxon KG/M*3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method BO/Cknac lints Spec E25 991 1.0 15.0 0.10 30* 0.10* Eastern USA
      575 words
    • Article
      DAILY FREIGHTS
      360 47 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.213 on Wednesday from 1.215 on Jan 4. FIXTURES I anker Tanker chartering increased. Wednesday lifting some rates, although most remained close to recent levels, brokers said. VLCCs lifting in the Mideast Gulf indicated no change
      360 words
    • Article, Illustration
      Lock icon Trend towards cooperation, use of larger ships
      1327 48  -  Fred Winkler reviews liner shipping in 1993 Fred Winkler International Transport Journal THE YEAR that just ended had been marked by economic recession in the US, Europe and Japan. The largest of the container shipping companies had strengthened their position in the market,
      International Transport Journal  -  1,327 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Aussie open skies policy claims fourth victim
        391 50  -  Domestic airline Eastwest stops flying after 46 years From Florence Chong in SYDNEY AUSTRALIA'S open skies policy has claimed yet another victim domestic airline Eastwest Airlines has stopped flying after 46 years. It is the fourth domestic carrier to have lost the fight
        391 words
      • Article
        Japan carmakers developing overseas plants
        669 50  -  By Said Abdullah SINGAPORE Japanese carmakers, facing tough challenges in the US and the strong possibility of a doubledip recession at home, are focusing their expansion in Asia, Eastern Europe and South America. According to a report in the latest issue of Nikkei Weekly, Japan's
        669 words
      • Article
        Lock icon Trade Ministry denies plan to end US car export limits
        323 50 Bloomberg Business News TOKYO An official of Japan's Ministry of International Trade and Industry denied a report that Japan is close to lifting a restriction on the number of passenger cars exported to the United States each year. The Nikkei
        Bloomberg Business News  -  323 words
      • Article
        Lock icon New TWA chief wants to expand capacity
        281 50 NYT NEW YORK Donald Craib Jr, the new chairman of Trans World Airlines (TWA), said on Wednesday that he would expand the airline this year. Last year, it reduced capacity by 20 per cent. He also said that despite concerns among some Wall
        NYT  -  281 words
      • LOG BOOK
        • Article
          Lock icon S Korea shipbuilding orders triple
          70 50 Reuter SEOUL South Korea's 1993 shipbuilding orders totalled 186 ships of 9.52 million gross tons, compared with 52 ships of 1.64 million GT in 1992. the Korea Shipbuilders' Association said. An official said the high yen was making Japan less competitive in shipbuilding. South Korean
          Reuter  -  70 words
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          Lock icon Pilots lower draft levels on Mississippi
          76 50 Knight-Ridder NEW YORK The Associated Branch Pilots yesterday recommended draft levels at the mouth of the Mississippi River be lowered for ocean-going vessels exiting through the Southwest Pass of the river. The pilots, who guide ocean-going vessels through the passageway, recommended to officials of
          Knight-Ridder  -  76 words
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          Lock icon Daewoo to build cars in Romania
          79 50 AP BUCHAREST Under a deal signed here on Wednesday with Oltcit. Romania's second-latest car manufacturer. South Korea's Daewoo Holding company will acquire a controlling stake in a joint car production enterprise. Under the contract signed in Bucharest. Daewoo will contribute USSIS6 million (SS2SI million)
          AP  -  79 words
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          Lock icon NFC Holders accept cash offer
          84 50 Bloomberg Business News LONDON NFC pic. a United Kingdom freight company, said shareholders representing more than 27 per cent of the eligible issued shares, elected to take advantage of a cash offer from BZW in respect of the company's l-for-4 rights issue. NFC is seeking
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          Lock icon New York saved from oil spill
          60 50 Knight-Ridder NEW YORK Traffic in New York harbour was unaffected after an oil tanker barge carry ing 20.000 barrels of number two heating oil ran aground on Wednesday in Jamaica Bay. a Coast Guard spokesman said. No spill resulted from the incident, and another
          Knight-Ridder  -  60 words
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          Lock icon Suzuki denies Daihatsu link
          76 50 Reuters TOKYO Suzuki Motor Corp denied a newspaper report that Suzuki and Daihatsu Motor Co Ltd agreed to standardise some components to cut costs. Nihon Kcizai Shimbun reported on Tuesday that Suzuki and Daihatsu had agreed to use the same electrical parts and automatic transmissions. "It's
          Reuters  -  76 words
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        Lock icon UPS raises delivery prices
        204 50 Bloomberg Business News ATLANTA United Parcel Service of America Inc (UPS) is raising prices an average of 3.9 per cent for commercial and residential deliveries of air and ground shipments. The average increase for commercial ground shipments will be 3.8 per cent, while the residential customer's
        Bloomberg Business News  -  204 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1704 50 g& nmt m nw no_ Mm DhaM GA970 2240 GA928 2355 GA976 2359 Adelaide QF81 1930 QF82 2050 QF81 1935 SQ227 2230 Amsterdam SQ25 0635 KL838 2335 KL843 0745 SQ26 2355 KL837 1540 GA976 2359 Athens SQ348 2250 Auckland NZ35 1645 SQ285 2045 BAI2 2200 SQ285
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        Lock icon US corporation proposed to control air traffic
        342 50 NYT WASHINGTON In an effort to improve efficiency and cut airline delays and confusion, the Clinton administration plans to ask US Congress to create a government-owned corporation to operate the US air traffic control system, administration officials said on Wednesday. Under the proposal,
        NYT  -  342 words
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      28 31 MflC-NELS HONG DAILY KONG SAILINGS SINGAPORE:(O2)-*****22 NEW WAREHOUSE PSA Keppel Distripark Blk 519 #01-111 Liner shipping in 1993, Page 18 Aussie open skies policy claims victim, Back Page
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      Page 31 Advertisements Column 2
      23 31 REGIONAL ANALYSIS Every Wednesday in Business Times Llm* and ttnrtem reprtMated by **«Wry tl Accredited Xg»y for advertising enquiries, contact Shipping TmesTel 740-2089/740-2090
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      462 32 TSKUNE AGENCIES (S) PTE. LTD. /mbJA TT IZ ¥\Tp Tel: 226-3363 MnHM J» 9 3t|\ 9 lJl\r Fax: 226-1972/3 -7 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I www B mi I 111 1 1 w Win OCX ULOC 0268 06.01 *05.01 0101 11.01 Ml 17.01 2101
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      Page 32 Advertisements Column 2
      1604 32 PRUCT TO U<A WIST COART IRCX-RyOUg CAUPOAWA KXPHtWI I IX> |A«T MfflTj|»AlffAW mS\ 1" I "t«T u> M« gj> ML *PBTM< CMC IT HJOCO KSSEL TOT WO SPORE PAHTTA 6TWW mww JMI _gLMg_ JEBfll MBTM6A JMftJ AC* 'I AC 07M 1 II 1 I 791 311 2 2 J 2
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      2211 33 i 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 BOOKINGS TEL: *****80 *****81/ *****82 p OH TEL: *****3/4 FAX *****6 CFS (PSA F5)
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      Page 33 Advertisements Column 2
      124 33 Accepting LCL and containofiaod cargo** Dir*ct to South Africa S pore Durban P.Eliz C Town Full Contatnf B*nrtc* HAYAKAWA MARU 1672F 11/1 23/1 25/1 26/1 VAAL 1770F 16/1 28/1 30/1 2/2 NEDLLOYD COLOMBO 1869F 2/2 14/2 16/2 18/2 OSAKA MARU 1974F 12/2 24/2 26/2 28/2 HAKATA 9347F 22/2 6/3 8/3
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      1878 33 ■nnra U. S. A. /CANADA NEXT AVAILABLE SAILINGS SL DEVELOPER V.198E ETA SIN 10TH JAN 94 MARIE MAERSK V.9402 ETA SIN 11TH JAN 94 MAERSK TACOMA V.9402 ETA SIN 12TH JAN 94 vestti Voy ETA ETO Feeder by S Laurei Leer ort „r DESTINATIONS Thn week MARIE MAERSK V 9402
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      1623 34 AQABA R OAM/1 [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA DRESDEN EXPRESS 14/352 8/1 17/1 23/1 26/1 29/1 31/1 2/2p potr t Kelang. Penang KIRISHIMA 02/101 12/1 29/1 1/2 30/1 Pasir Gudang LUDWIGSHAFEN EXPRESS 11/301 IS/1 24/1
      1,623 words
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      Page 34 Advertisements Column 2
      520 34 11 —m FCL Breakbulk Service to: AFGHANISTAN MAM 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
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      1278 34 NORASIA NORASIA PRMCESS 9401-3 13/01 02/02 05/02 06/02 06/02 07/02 08/02 09/02 10/02 11/02 NORASIA SUN 9402 3 20/01 09/02 12/02 13/02 13/02 14/02 15/02 16/02 17/02 18/02 K. NORASIA PEARL 9403-3 27/01 16/02 19/02 20/02 20/02 21/02 22/02 23/02 24/02 25/02 ARABIAN SEA 404* 02/02 23/02 26/02 27/02 27/02
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      1873 35 Pi W STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific une BifllkilHSHHHiyAllKlAiiiAllillAßAnilaHH (A SERVICE OF CHINA NAVIGATION CO) CARGO out SAILS PgBT MERUBI WOIE KK. Skin. Taw 07 01 lan 07 lan 10 ian FCL, LCL COMTAIMER AND
      1,873 words
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      Page 35 Advertisements Column 2
      2738 35 SINGAPORE AGENT: P&O Containers (Singapore Agencies) Pte Ltd JL QIV w VjvfmdJ[J[J[VX 9 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 W' > r V CR Number: **********0Z EXPORT IMPORT VESSEL VO* prwo "PKO SIN ALG SOU ANT
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      547 36 ifK EKA JAYA AGENCIES VMr TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE r~MYAWMAW TWADg PAOEB HAHPPHONK/DWECyH MUJMI Mi UCB2I—72»Mt/W«B MftHflj «a HO CHI WHH CITY HEWWY HOt 2UOM4 727M»»/M4H»4 KELVIN CHAW LUM2S MMfIMB ►TO MYANMAR/YANGON 81«« CONTAINER SERVICE M OCEANLINES va/voT stok IBH 15/1 22/1 30/1 YANGON
      547 words
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      Page 36 Advertisements Column 2
      1625 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FD* KL SM LVC HAUL St* TV* ID* FW HI 9N |L«f HAU. SA¥ Ul KTC HANJM SMGAPORE 012E 7/1 OHECT 27/1 21/1 »/l HANJM SM6ATOM 012E 7/1 M AAOICA 013E 10/2 11/2 13/2 HANJM LE
      1,625 words
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      1418 36 f i J T c J7T3"3T|^j I MT OS* *T SMZ TTO LAI CHS BAL HTC UN MM KM T» WG f» CM NU. I COM ««4 VI h n 11/1 12/1 14/1 17/1 11/1 20/1 21/1 23/1 22/1 3/2 IC/2 lt/2 19/2 1/3 2/3 3/3 4/3 S/3 15/3 25/3
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      2510 37 H l| sex: 'OOCL FRONTIER 171' eta sgp 12/01/94 II H II ARRIVING LOS ANGELES 29/01/94 IN 16 DAYS II ftSSS AvC/Jv II aex: 'CALIFORNIA ZEOS 53E' ETA SGP 12/01/94 HI ll X II ARRIVING NEW YORK 05/02/94 IN 23 DAYS ml *112 cowwcllt CaWwnto SaMrn 63£ M HK6 B/0V94
      2,510 words
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      Page 37 Advertisements Column 2
      1217 37 I O I MULTILINE SHIPPING PTE LTD (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 JWMh. BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 JHM FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1644 38 AS AGENTS "N" LINE (SINGAPORE) PTE LTD (CR No: **********0 M) TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 TIM MALAYSIA K" LINE MARITIME (MALAYSIA) SON BHO i M TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 A INDONESIA: P.T. SARANA LAUTINTERNOSA. TEL: JKT *****08 symnm south-west rmmm
      1,644 words
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      Page 38 Advertisements Column 2
      737 38 pHiu-omeNT uncs pre ltd 108 Robinson Road #07-00 GMG Building Singapore 0106 1 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 13 JAN SYDNEY, MELBOURNE, BRISBANE, FREMANTLE 10 JAN AUCKLAND. WELLINGTON. LYTTLETON. NEW PLYMOUTH, NAPIER. CHRISTCHURCH 28 JAN
      737 words
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      Page 38 Advertisements Column 3
      303 38 GOLDEN LINE A guan guan shipping VSNsXX (PTE) LTD w 23. TfM h« Street SftGVOW 0104 m J3439M (10 IKS) fa: *****04 (CI N*. lOlMSSOOOO*) »TKAIT«/HMmi CULT SERVICE S pore P Kelang Penang MUCH STM R*acht Dubai 11/20 tan GOUXN KM Karachi Dubai 30/ 31 lan CHINA SERVICE GOIOfN NOIOER
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      989 39 f sasglgg PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO: **********06 ■nrmv V/luTiiilVlH VESSEL VOY SIN BKK SIN XTi SINO MARINE 29N 8/1 11/1 IS/1 BUNG ATIE RAT Al 4523 11/1 i/12 5/1 SRIMANEE MNO2N 9/1 12/1 1«/1 EQUATOR RUBY 27N 12/1
      989 words
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      Page 39 Advertisements Column 2
      1498 39 VESSELS YOT SPORE HAMBURG ROTTEROAM ANTWERP IHARKS IE HARVE WLLE PI LYRA 7731W 17/01 03/0? 0V0? 0«/0? 07/0? M/ 0? Milt Dt KSTA 7431W U/01 I I/O? 13/0? 14/0? IS/0? 17/0? Wilt IK HUM »331W ?«/01 l»/0? ?0/0? ?l/0? ??/0? ?4/0? ADAM ABRAHAM 713?W 0?/0? 0? ?7/0? 21/02 01 03
      1,498 words
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      Page 39 Advertisements Column 3
      412 39 BSA mm MYANMA mMUk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P Klc Pen P.Gd| PAGAN V2O4W In PI WA AN VI99W 13/15 Jan AVA VI27W 20/23 Jan PAGAN V2OSW 26/28 lan MALAYSIA AUNTS BOUSTIAO SMPPWG AG£NC(S *Ul TEL 03 *****00 PHI TEL 03 *****67 PEN
      412 words
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      345 42 C O s c o < lUN H l N siiii'fixc; (duin r> < o\u' \n v mii/T iS.4mT 01) &-I TO AUSTRALIA/NEW ZEALAND Wl Sm Frrni IMb S|4 *uck r Outm ELLEN HUNG 321* 10/1 »S7l 22/ i S7I Wl «7i BRUSStI 322 2t7i S/2 V 2 15/2 M
      345 words
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      Page 42 Advertisements Column 2
      565 42 Conventional Semi-Container Genera/ Agents: Booking Agents: Ykk Fung Shipping A simm Fr«s*t boou* Enterprise Co Ltd o*tr» w Tel: 337 2441 14 fines/ 62 Cecil Street Fir 336 3551 T.P.I. Budding •02 00 Tbc FKTER ffS ***** Siiniff* 0104 Tet 221 4446 (12 Imest Fu: 225 5215 225 5087 Tbc
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      Page 42 Advertisements Column 3
      2449 42 cosco SINGAPORE'S GENERAL MKTS MALAYSIA'S AGENTS 1 COSTA* SHIPPING PTE LTD 368 8106 CONTAINER SI UCK NO: CCSV CM* Gmm Sfaw«* BM MAIN UNE: 226 1900 IS/ 2 55 T IXTtTC BOOKINGS: 226 1833 Pew* -61 3487 LllNt/O 01* 22* 1940 INDONESIA'S AGENTS FAX NO: 226 1866 (MAIN} 226 2208
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      632 43 (S£ 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 1071 HAMBURG/BREMEN 10/1 MARSEILLE/FRANCE ATI FELIXSTOWE/UK 10/1 BARCELONA/SPAIN 1071 LEHAVRE/FRANCE 10/1 GENOA/ITALY fl/1 ANTWERP/BELGIUM 10/1 LOS ANGEIES/WC/IPI 9/1 SYDNEY/MELBOURNE 14/1 NEW YORK/EC 971 FREMANTLE/ADELAIDE 10/1 VANCOUVER 1271 BRISBANE
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      Page 43 Advertisements Column 2
      1070 43 i,'— LI I■^^■Cgtmaß^BHM B I CHAIYA BHUM 33s Fri Tua 11/T" 1 Ff. S W |nPt toTi/1 B g| VESSEL VOY S N BKK BHATWA BHUM lIS M |/1_ J2a_ J Ff IVI W B* DRAGON SENTOSA 67N Fri In PI Tua 11/1 1 WANA BHUM 210S Wad 12/1 Sal
      1,070 words
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      Page 43 Advertisements Column 3
      234 43 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 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND
      234 words
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      377 43 pi DONGN AM A LINE COWT/UNOmD SCTVTCI rmAlf^LW/tC/WW VESSEL r»i K M PI BSD MC HRELJM V3O7N 11/1 12/1 21/1 23/1 TULSOAS *40 IN 14/1 U/l 11/1 2t/l 31/1 SARONC TRUER *40IN 20/1 22/1 23/1 24/1 4/2 t/2 HONGKONG GLORY ¥40IN 21/1 30/1 1/2 11/2 13/2 ROUND THE ASIA BERVICE
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      1772 44 ■LAfIMN CONTAINER LINES :N=AV Ag«nti: MAC-NELB SPORE: *****22 (24 LINES) JV 'c/rw mill SIBU (084) *****9 KUCHINQ (062)*****3 PENANGL (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 1 HKG/TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 9/1 10/1 11/1
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      Page 44 Advertisements Column 2
      188 44 I SEAWARD SHIPPING AND TRADING CO (S) PTE LTD no eta n* SPOK rati KH.MG rtMIK BIH HOC IS/1/94 m ft Loadixf toe Malt (SSU) MVAI HUDHU 25/1/94 Dtschjrpnf jnd tof Bombay DOtfHN 7/1/94 Lojdtnt Foe MM nOKDI SfHOC 16/1/94 lo4dH<( For Male UMCIDH 8/1/94 toadinf For Mafc noons LBDtrr
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      Page 44 Advertisements Column 3
      997 44 f~K THONG SOON LINES PTE LTD I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I \J \J TEL: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOI CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL Tot spore pest vessel yot [spore [pest EQUATOR GRACE 109/4E 10 JAN KUCHING
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      788 45 4 EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE lICCfPTMG BREAKBULK SOC CARGOES TO/FROM KOBE. YOKOHAMA. NAGOYA. HOI. TOKYO*. MANIA" OAVAO*. Penani* P. Kelanf Singapore E'Msu* IVYEVERETT V7E 21/22 Jan KARABtEVERETT VISE 27/28 Jan 29/30 Jan 02/03 Feb KAMAIEVERETT VI9E 12/13 Feb 14/15 Feb ACCEPTING BKAKBUK/FCI SOC CARGOES TO/FROM CMTTAGONG. CALCUTTA
      788 words
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      Page 45 Advertisements Column 2
      390 45 131 GLORY MVIMTKM CROUP 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 I TIMBER GLORY 9/1 15/1 SP PKL HCM HK KAO GLORY SELATAN VII 2/1 4/1 11/1 *ALSO LOADING IN SINGAPORE
      390 words
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      Page 45 Advertisements Column 3
      553 45 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vessel vor SB women HYDERABAD 12V HW 13/01 22/01 SARGOOHA 136 HW 2</01 (M/ 02 KAGHMI 10SHW 12/02 22/02 HAKRAN 145-HW 03/03 13/03 FAR EAST CONTAINER SERVICE ONLY vessel vot~ sw hkg bsk osa wag ton KAGHAW 105 ON 13/01 22/01
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      Page 45 Advertisements Column 4
      514 45 |UUH»liiiiiiil FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH JIAN ME/BO 26/01 09/02 27/02 MUI HC/102 11/02 24/02 14/03 VI ME/96 26/02 09/02 27/02 ACCEPTS CARGO TO K)HANNCSBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN SEA DRAGON
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      Page 45 Advertisements Column 5
      237 45 S|N FAR EAST 11/01 KEELUNG/KAOHSIUNG 15/01 BANGKOK 09/01 MANILA/CEBU 09/01 JAKARTA/BELAWAN/SURABAYA 10/01 PORT KELANG/PENANG/E. MALAYSIA 10/01 BUSAN 16/01 TOKYO/YOKO/KOBE/NGO/OSA 10/01 HONG KONG SIN CHINA 10/01 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LGL cargo SjN EUROPE/UK 11/01 LDN/FLX/LVP/SOU 11/01 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary Romania Poland /Bulgaria
      237 words
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      729 46 HONG KONG/CHINA 09/01/94 JAKARTA 08/01/94 BANGKOK 08/01/94 MANILA 09/01/94 BUSAN 09/01/94 KEELUNG 11/01/94 TOKYO/KOBE 09/01/94 KAOSHIUNG 08/01/94 PORT KELANG/PENANG 10/01/94 YOKOHAMA 09/01/94 COLOMBO 12/01 FELIXSTOWE/HAMBURG 10/01/94 MADRAS 12/01 ROTTERDAM/LE HARVE/ANTWERP 10/01/94 BOMBAY/KARACHI 10/01 BARCELONA. MARSEILLES. GENOA 14/01/94 CHITTAGONG 09/01 LAX/NYC 09/01 SYDNEY/MELBOURNE 13/01/94 CMT LINER EXPRESS AGENCIES PTE LTD P
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      432 46 y Conlerm W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 15TH JANUARY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 14 JAN JAKARTA 09 JAN PORT KLANG 13 JAN GANGKOK 09 JAN HONGKONG 16 JAN MELROURNf 13 JAN SYDNEY 13 JAN FREMANTLE 16 JAN ADELAIDE 13 JAN RRISRANE 13 JAN 15 JAN
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      Page 46 Advertisements Column 3
      714 46 Next Week's Sailings Singapore I T- HRST FORW ARDER IN To: EID lo: LID \sia awarded Singapore Singapore ls<) WO2 B* I.RQA EVERY EVERY Bangkok SUN Jakarta SUN GBU EVERY EVERY Manila SUN Ho Chi Minh FRI (J fDI EVERY EVERY S Colombo TUE Limassol THL'R l| INTERNATIONAL SEA FREIGHT
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      1117 47 FREIGHTSERvicES PTE LTD I LSLjMLm TEL NO: *****88/*****88 ASIAN POUTS KW ZUUHD/AWTULUI EUROK RiMftKDK 11/1 AUCKLAND 10/1 ANTWERP 10/1 in/1 ADELAIDE 20/1 FELIXSTOWE 15/1 wnwri kfiNR n/i BRISBANE 17/1 HAMBURG 10/1 lAKARTA 11/1 FREMANTLE 14/1 ROTTERDAM 10/1 SURABAYA 11/1 MELBOURNE 13/1 KEELUIJc SYDNEY 13/1 KAOHSIUNG 15/1 -L KOBE 9/1 OTHER
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      Page 47 Advertisements Column 2
      180 47 /gjN CEYLON SHIPPING CORPN National line of Sri Lanka Xs B^ FULL CONTAINER SERVICE vtssa I vot Isn I ceo w mi ccu wausw w. wucooitm »3Si-3 ovoi 10/01 NOum fWCESS 9401-3 12/01 17/01 XOMSU SUW W2 3 10/01 24/01 ym.Lt Dt ruCAHA S3SIW 03/01 07/01 IS/Q1 11/01 VtLE DC
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      Page 47 Advertisements Column 3
      263 47 LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.21 PORTS VOY BUENOS MONTEVIDEO) DURBAN JAKARTA SINGAPORE MONO KONGI KAGOSMMA YOKOHAMA^ VESSELS AWES"' WWOZEWSK EBO4 SAILED SAILED SAILED SAILED 21/12 28/12 DO PUBAN PAVLOGRAO EBO5 SAILED SAILED 22/12 08 10/01 0604/01 18/01 2029/01 31/01 PETWOOVORETS EBO6 18-24/12 2t/12 13/01 T/S S pore 27/01 01/02
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      133 47 toyOTd^eother] —110E LEGEND R Thunderstorm Temperature c C Shower Weather Wind drection with speed in knots Rom w 0 Cloudy Sky Wove height Surface winds ore indicated by arrows which fly with Hie wind One ful circle represents calm or light and variable winds 1 One half fleche represents 5
      133 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      439 48 JL VIGOUR PACIFIC LINES NORTH PHILIPPINES FULL CONTAINER BERVICE 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 MONDAY VIGOUR PACIFIC 9403 AN 17/01/94 22/01/94 PORT KLANG/PENANG FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE PORT
      439 words
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      Page 48 Advertisements Column 2
      515 48 @APPENSHIP /2\ HAMBURG \J*J CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE LOAOING FOR FRUITION ANTWERP 23.11.93 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
      515 words
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      Page 48 Advertisements Column 3
      303 48 j. cosco; UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 28/01 Rotterdam/An twerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangzt>ou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI F>lease refer above
      303 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      989 49 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA I PWE PGP I VESSELS VOY SM HTM ANT* LEH* HAM BBEt FEIH NOR MALACCA 9401 A 03/01 04/01 06/01 SI MARKER 30IW 10/01 21/01 2S/01 29/01 30/01 30/01 01/02 HMM ADVANCE 035 A 10/01
      989 words
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      Page 49 Advertisements Column 2
      484 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rissu ¥01 If PI KUC M SHI UEISM 12 1/1 11/ l COSMIC MASTER »2» hi ft EASTERN ft AM. 121 to ft 1/1 01 MICE »T 114 SM to ft COSMC MOKEI M 4 27/1 29 1 MEBIA
      484 words
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      Page 49 Advertisements Column 3
      846 49 JEDDAH/UK/CONTINEIsrT ISTORE |KD S TON HBUNG ADAM LEH 'Uu Acoptn C«rw Far ■MM 02/101 12/1 5/2 1/2 1/2 to >1 UK dvsknatm. Belfast and DuMn LUDNNGSHAFEN EXPRESS 11/301 IS/1 24/1 2/2 7/2 S/2 9/2 Rotterdam :to al AnEvorp. kmstwdanv Oslo HMuAi FNMKFUNT EXfRESS 71/102 20/1 S/2 1/2 10/2 Southan*to* to
      846 words
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