The Business Times, 12 January 1994

Microfilm: NL19041
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    12 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday January 12 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 13 points
      56 1 Reuter NEW YORK Blue-chip stocks drifted lower on profittaking yesterday as the market paused to catch its breath after four straight record closing highs. The Dow was off 13.23 points at 3.852.28 at 1 pm EST. It soared 44.74 points on Monday to end at
      Reuter  -  56 words
    • Article
      Lock icon Blockbuster holders sue to stop merger
      56 1 Reuter WILMINGTON. Delaware Four shareholder lawsuits have been filed in Delaware Chancery Court against Blockbuster Entertainment Corp. its directors. Viacom Inc and its chairman. Sumner Redstone, to block the proposed merger between the two companies. The lawsuits asked the court to block the sale
      Reuter  -  56 words
    • Article
      Lock icon Ousted Banesto board to contest takeover
      75 1 AP MADRID The ousted board of Banco Espanol dc Credito will fight its takeover by the Bank of Spain in civil court. Former Banesto chairman Mario Conde said yesterday the Bank of Spain got its figures wrong when its governor told parliament it had
      AP  -  75 words
  • Article
    MARKET SUMMARY
    120 1 Stock market indices luesday Change ST II 2.348.20 -76.16 KLSE Composite...1.1 J*>.55 -67.2 Nikkei 18 485.25 +41.81 HangSeng 11.155.81 -211.13 SET Index 1 605 06 +59.78 Jakarta C omposite ...598.05 -9.64 CLSA China B 1 447 46 -5.32 Aust All Ord 2.206 7 +8.1 FTSE 100 3.413.8 -26.8
    120 words
  • Article
    Malaysia surprises market with new moves to mop up funds
    608 1  -  From Leslie Lopez in KUALA LUMPUR IN ITS continuing battle against excess liquidity. Malaysia's central bank yesterday announced fresh measures to mop up funds in the country's money market. Analysts say the new measures. which will drain more than Ms
    608 words
  • Article, Illustration
    Lock icon Ringgit falls before Bank Negara's intention becomes clear
    249 1  -  By Paul Leo SINGAPORE The Malaysian ringgit weakened further yesterday in another day of volatile trading with dealers unclear about its future direction. It came under pressure from the start and almost touched M 52.70 against the US dollar during Asian trading.
    Source: TeleTrac  -  249 words
  • Article, Illustration
    Lock icon S'pore and KL stocks reel from Daim-UOB double blow
    628 1  -  By R Sivanithy SINGAPORE Stock markets here and in Malaysia went into a tailspin yesterday, following cautionary statements made by Malaysia's former finance minister Daim Zainuddin and a biggcr-than-expected interest rate increase by United Overseas Bank. In a day dominated by
    Source: Bloomberg  -  628 words
  • Article
    Lee Rubber poised to develop 1.2m sq ft Sembawang site
    282 1  -  By Abdul Hadhi SINGAPORE The Lee Rubber Company has obtained provisional approval from the Urban Redevelopment Authority to develop a 1.2 million sq ft plot of land along Sembawang Road and Jalan Ulu Scletar. A Lee Rubber official confirmed yesterday
    282 words
  • Article
    Lock icon China industrial output soars 23.6pc
    203 1 Reuter BEIJING China's economy grew at record speed in 1993. with industrial output growing by 23.6 per cent the highest rate since Beijing began its open-door and reform policies in 1978. According to data issued yesterday by the State Statistical Bureau (SSB). industrial output for
    Reuter  -  203 words
  • Article
    Pace-setter DBS stays put for now despite UOB rate hike
    523 1  -  By Alvin Tay SINGAPORE United Overseas Bank's bigger and earlier-than-expected rise in its prime lending rate failed to elicit an immediate response from its three major local rivals yesterday. Spokesmen from DBS Bank, OCBC Bank and Overseas Union Bank the
    523 words
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      196 1 0 BKI M) MAGIJ Ccnln*poinl*ol -JO Tel: *****09 BySogotOl 19 Tel 714 99J5 CONTENTS S pore News 2 SpofeNTsa 17.18,20 Regional News 3.4.5 Financial 21.22 World News 6.7 Features Harfcets Analysis 15 Ctob/KLSf. SES 2528 Editorial 14 Regional 24 Sports 11 World 25 TV, Lifestyle 13 Currencies 22 Reg Analysis
      196 words
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      10 1 Regional Analysis: Pg 8 Home is where the heart is
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      21 1 Hock Lock Siew: Bulls still hold yffiy ,f> F Full reports. Pages 24-28 Foreign fund managers eye Taipei stocks. Page 4
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      126 1 ffa Bottom Line: Pg 16 1 Astthcan expect more foreign funds H, '—"fIL .M m tgfc JUfi k\ m iir ~ftUl L m "> m m 'V m fl mH! m r vwr Now You Can Afford A High Quality Fax On Your Desk. The Canon Bubble Jet Fax 8200
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      26 1 #02-55/56/59 Wisma Atria Tel: 235 5325 #01 -25 Paragon By Sogo Tel: 732 2556 HOCK LOCK SIEW Bulls still hold sway despite rate hike. Page 17
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  • SINGAPORE NEWS
    • eye on the ECONOMY
      • Article, Illustration
        Lock icon Cargo throughput continues to surge
        284 2  -  By Rahita Elias THE port of Singapore is likely to have put up a strong performance in 1993. In the first 11 months of the year, sea cargo rose almost 15 per cent to 248.1 million tonnes. The growth is likely to have continued into
        Source: PSA  -  284 words
    • Article, Illustration
      Law reforms to help regional drive
      694 2  -  Addenda to the President's address By Anna Teo LAWS will he reviewed to support Singapore's regionalisation drive, says the Ministry of Law in its addendum to the President's address to Parliament. On the eards too are new bankruptcy and patent laws, the ministry says.
      694 words
    • Article
      Edible oil exporters face Aussie dumping duties
      481 2  -  By Schutz Lee AUSTRALIA will slap antidumping duties on exports of edible vegetable oils from Singapore and Malaysia, a decision which sources said is aimed mainly at Singapore. This is because the duties apply to "refined edible vegetable oils in retail packs of
      481 words
    • Article
      Local firm invests $30m in 2 Fujian projects
      193 2 SINGAPORE-based Dragon Link Investment is investing $30 million in two property developments in Fujian, China. Managing chairman Peh Chin Hua said yesterday that the first project, dubbed "Singapore Garden", comprised walk-up apartments, bungalows, and a shopping centre. The second development is basically
      193 words
    • Article
      Japan, S'pore team up on third-country aid
      198 2 JAPAN and Singapore yesterday signed an agreement to cooperate in providing thirdcountry technical assistance to developing nations. Under the pact, the two countries will pool their expertise to increase the number of joint training programmes conducted in Singapore for developing countries. Singapore, in
      198 words
    • Article
      Inaccurate figure on residential units bought by foreigners
      417 2  -  Letter to the Editor Sulosana Karthigesu (Miss) Assistant Director (Public Affairs) for Permanent Secretary (National Development) I refer to the article. "Foreign buyers adding fuel to real estate boom", in Business Times on Jan 4. It is unclear to us how BT
      417 words
    • Article
      Ex-TDB head's graft case adjourned for fourth time
      278 2 THE corruption case against the former head of the Trade Development Board (TDB). Yeo Seng Teck. was adjourned for the fourth time yesterday. It will now be heard on Feb 15. Yeo. 49. who is accused of 22 charges of forgery, cheating
      278 words
    • Article
      STPB goes for theme approach to sell S'pore
      295 2 THE Singapore Tourist Promotion Board (STPB) will pursue an aggressive thematic approach to further sharpen the republic's tourism edge, a senior board official said yesterday. Pamelia C Lee, senior director of development in STPB, said the new direction would M polish to
      295 words
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      557 2 FINANCIAL NEWS A quick look at the markets Call 24 hours a day for mid-day reports of SES KLSE and closing reports of the world markets. Cost: 30 cents per minute ADVERTISEMENT m 111 Alain Frost Marathon I fill A UA All All lflll IPPI A Congratulations yet again I
      557 words
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  • THE REGION
    • Article
      Lock icon Thailand adopts measures to ease capital flow
      544 3 AFP, Reuter. BANGKOK Thailand's Council of Economic Ministers has approv ed a new package of measures to ease capital flow with a view to eventually turn Thailand into a regional financial centre. The measures, proposed by the Bank of Thailand through the Finance
      AFP,; Reuter.  -  544 words
    • Article
      Lock icon Suharto urges Indon industrialists to boost efficiency to spur growth
      363 3 Reuter JAKARTA President Suharto yesterday urged Indonesian industrialists to boost efficiency to help growth in one of the world's most rapidly expanding economies. "The industrial sector has an important role in economic growth. It must become a powerhouse for growth,"
      Reuter  -  363 words
    • Article
      Regional semicon industry on growth path
      247 3  -  By Nicholas Fang SINGAPORE The region's semiconductor industry is growing fast and pulling support industries along with it, say industry representatives here for a semiconductor trade show. As a result, support companies such as test equipment supplier ESEC of Europe are investing in research
      247 words
    • Article, Illustration
      Lock icon Moving house
      32 3 Reuter PHNOM PENH Cambodian villagers lending a helping hand to move a neighbour's house outside the capital. In war-battered, impoverished Cambodia, human labour frequently takes the place of hiachines. Reuter
      Reuter  -  32 words
    • Article
      Lock icon Vietnam approves US$2.8b worth of foreign investments
      391 3 AFP, Reuter HANOI Vietnam approved 252 foreign investment projects last year, worth a total of US$2.B6 billion (554.5 billion), an increase of 40 per cent compared with 1992. the army daily Quart Doi Shan Dan reported yesterday. The state committee for cooperation and
      AFP,; Reuter  -  391 words
    • ASIA NOTES
      • Article
        Lock icon Tokyo set to approve new bidding system
        97 4 AFP TOKYO The Japanese Cabinet will be asked on Jan 18 to approve a new programme to open up large public works projects to foreign companies. Chief Cabinet Secretary Masayoshi Takemura said yesterday. Meanwhile, at an informal meeting of his coalition cabinet yesterday.
        AFP  -  97 words
      • Article
        Lock icon Beijing maps out housing programme
        113 4 Bernama-Kyodo HONGKONG China has mapped out a three-year building programme to alleviate chronic housing shortages for state employees and big city dwellers, a Beijing-funded newspaper reported yesterday. The "comfortable living project" provides for 150 million square metres of new public housing, including 40 million square
        Bernama-Kyodo  -  113 words
      • Article
        Lock icon Firms warned not to cut retirement age
        131 4 Bloomberg Business News TOKYO Japanese Labour Minister Chikara Sakaguchi said the ministry will summon the president of Okuma Corp. a top machine tool maker, to question him on the company's decision to cut the retirement age of its workforce to 56 from 60,
        Bloomberg Business News  -  131 words
      • Article
        Lock icon Aussie new private spending up 4pc
        57 4 KnightRidder CANBERRA Australia's seasonally adjusted private new capital expenditure rose 4 per cent to A 56.5 billion (557.2 billion) in the September quarter, the government reported yesterday. The Australian Bureau of Statistics said spending in the 12 months to Sep 30 grew from A
        Knight- Ridder  -  57 words
    • Article
      Lock icon China has not done enough to deserve MFN renewal: US
      446 4 Reuter. AFP BEIJING The United States is worried China's progress on human rights is insufficient to renew Most Favoured Nation trading status but is hopeful a row over textiles can be resolved, a senior US official said yesterday. The senior
      Reuter.; AFP  -  446 words
    • Article
      Lock icon HK poised to beat Tokyo in office rents
      364 4 Bloomberg Business News HONGKONG Hongkong will surpass Tokyo as the most expensive office market in the world this year as the territory's booming economy keeps fuelling rocketing rents and values, said real estate brokers Brooke Hillier Parker. Average monthly office rents in
      Bloomberg Business News  -  364 words
    • Article
      Lock icon Taiwan may produce planes with China
      214 4 AFP TAIPEI Taiwan may work with China to produce shorthaul regional passenger airliners under a government plan to develop the local aerospace industry. officials here said yesterday. "We will not rule out this cooperation possibility, nor will we leave out the possibility of developing
      AFP  -  214 words
    • Article
      Lock icon Seoul growth to return to normal track
      158 4 Reuter SEOUL South Korea's top economic planner, unveiling detailed policies for 1994 yesterday, predicted the nation's economy would return to a "normal track" this year. Economic Planning Minister Chung Jai-suk refrained from presenting official forecasts for the economy but predicted higher growth, a
      Reuter  -  158 words
    • Article
      Lock icon Foreign fund managers eyeing Taiwan stocks
      424 4 IHT TAIPEI With other Asian stock markets apparently taking a breather. Taiwan is attracting attention from international investors eager to enter a fray largely ofT-limits to them. A few months ago it was one of the worst performing markets in the world over a
      IHT  -  424 words
    • Article, Illustration
      Lock icon Stock market fever spreads to Tibet
      42 4 Xinhua news agency LHASA Tibet's first stock exchange was officially opened here on Monday. More than 200 people have opened accounts with the exchange, which is linked to Shanghai and Shenzhen via satellite. Xinhua news agency
      Xinhua news agency  -  42 words
    • Article
      Lock icon Foreign firms angry over South Korean tax penalties
      316 4 Reuter SEOUL Disputes are flaring over penalties imposed by South Korea on foreign firms for alleged tax evasion, with diplomats filing protests with the Seoul government. "We feel sad that South Korea has branded us as a tax criminal. We have never
      Reuter  -  316 words
    • Article
      Lock icon Tokyo's 2pc growth target unattainable: economists
      508 5 Reuter TOKYO Japan is aiming for economic growth of 2 per cent in the next fiscal year with the help of stimulus steps, but private economists say the goal is unattainable. The government is preparing measures including five trillion yen (5571.5 billion) in advanced
      Reuter  -  508 words
    • Article
      Lock icon Japan signals shift in China policy
      495 5 FT TOKYO The Japanese government has signalled an important shift in its China policy by indicating that it will be more frank in future discussions on issues such as human rights and China's growing military budget. Japan's Foreign Minister Tsutomu Hata told Chinese leaders
      FT  -  495 words
    • Article, Illustration
      Lock icon Plans to reform Japan's tax system still intact: Fujii
      278 5 Bloomberg Business News TOKYO Finance Minister Hirohisa Fujii said plans for reforming Japan's tax system remain intact despite disagreement over a possible increase in the consumption tax among members of the Social Democratic Party of Japan, the largest political group in
      Bloomberg Business News  -  278 words
    • Article
      Lock icon Hosokawa looks set to win passage of political reform bill
      427 5 Reuter TOKYO Prime Minister Morihiro Hosokawa looks set to win passage of his prize package of political reforms next week after the main opposition party abandoned its policy of seeking delays, party officials said yesterday. "We are angered by the
      Reuter  -  427 words
    • Article
      Lock icon State turns off water supply to New Delhi to punish voters
      244 5 AFP NEW DELHI The administration of an Indian state cut water supplies to India's national capital of eight million people late on Monday over a political feud between Prime Minister P V Narasimha Rao's party and the opposition party.
      AFP  -  244 words
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      391 4 Conference Objectives: H B •To increase awareness of the responsibilities of directors; H •To generate discussion to agree on code of ethical behaviour, and H HI •To deliberate on the positive contributions of directors. P How the Conference will benefit you: H The Conference will provide delegates with the opportunity
      391 words
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      141 4 •\;r- A not-to-be-missed forum highlighting the critical issues necessary to ensure greater success effectiveness in a restructuring strategy and exercise. FINANCIAL CORPORATE RESTRUCTURING 24 -25 MARCH 1994 ROYAL HOLIDAY INN CROWNE PLAZA SINGAPORE Key topics include: Value creating restructuring and corporate strategy for improved performance Strategic financial analysis of operations
      141 words
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      368 5 r k The new 1994 Honda Accord. A story of contrasts. More powerful yet more fuel efficient. Wider yet no heavier. So much more performance yet quieter. Sportier yet more spacious. Not seen, yet more than a thousand were booked in Singapore. Just launched in the US, yet already the
      368 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon EC industrial output up 0.3pc
        63 6 Bloomberg Business News BRUSSELS European Community seasonally adjusted industrial production rose 0.3 per cent in the third quarter of 1993 from the second quarter, the EC's statistical office said. The strongest rise among countries surveyed was in Denmark where production increased 5.4 per cent. The
        Bloomberg Business News  -  63 words
      • Article, Illustration
        Lock icon Braving the flood for a pram ride
        60 6 AFP CHICHESTER. England Despite the high flood water, local housewife Catherine Thorns braves the elements to take her child for a pram ride after a shopping trip in this southern English town on Monday. The local river Lavant broke its bands for the
        AFP  -  60 words
      • Article
        Lock icon W German GDP drops a sharp 1.9pc
        61 6 Reuter WIESBADEN. Germany Western Germany's economy shrank in 1993. with GDP showing the sharpest drop since the Second World War. Germany's Federal Statistics Office said. The office reported that west German Gross Domestic Product (GDP) fell by 1.9 per cent in 1993 in
        Reuter  -  61 words
      • Article
        Lock icon Breakthrough in German wage deal
        76 6 Reuter HANOVER. Germany Employers and union negotiators agreed to a 2 per cent pay rise for the 700,000 workers in the western German chemical industry in 1994, negotiators said. Economists said the agreement which is the first German industrial pay deal in 1994 is a
        Reuter  -  76 words
    • Article
      Lock icon French privatisation plans will cut 668,000 public sector jobs: study
      233 6 AFP PARIS The French government's programme for privatisation will remove 668,000 employees and 1,760 companies from the public productive sector if it is carried out .•fully, the INSEE official statistical institute reported. In a study based on the sector of
      AFP  -  233 words
    • Article
      Lock icon Growth in incomes will keep US spending firm: experts
      483 6 Knight-Ridder WASHINGTON A small pick-up in 1994 incomes will be just enough to hold consumer spending at 1993's levels, economists said. Real disposable incomes were seen rising about 2.9 per cent this year, up from an estimated 1.9 per cent last
      Knight-Ridder  -  483 words
    • Article, Illustration
      Lock icon Nato declares a new era for alliance
      388 6 Reuter BRUSSELS Nato leaders ended a summit yesterday hailing a new era for their 45-year-old alliance, offering a new partnership to former Warsaw Pact foes but only papering over differences on the war in Bosnia. Nato Secretary-General Manfred Woerner called the two-day summit
      Reuter  -  388 words
    • Article, Illustration
      US economy set for strong growth: Merrill Lynch
      370 6  -  By Shiv Taneja SINGAPORE The US economy is poised for good growth without any real increase in inflation, said Merrill Lynch's chief economist Donald Straszheim. US interest rates could rise. Mr Straszheim said here yesterday. But the rise would be small from
      370 words
    • Article
      Lock icon Ukraine casts doubt on whether it will sign deal to dismantle nuclear arms
      292 6 AP, AFP KIEV Ukraine yesterday cast doubt on whether it will sign a definitive agreement to dismantle its nuclear arsenal on Friday, as announced by US President Bill Clinton in Brussels. "Despite Bill Clinton's declarations in Brussels,
      AP,; AFP  -  292 words
    • Article
      Lock icon Russian parliament convenes with Yeltsin appealing for peace and cooperation
      408 6 Reuter. AP MOSCOW President Boris Yeltsin opened Russia's new parliament yesterday, saying its work was crucial to the country's future and offering to cooperate even with his opponents. "You are beginning today, and Russia's future to a large extent depends
      Reuter.; AP  -  408 words
    • Article
      Lock icon Inflation in US overstated by one-fourth, say researchers
      587 7 NYT WASHINGTON Researchers at the Bureau of Labour Statistics believe that its Consumer Price Index overstates annual inflation by up to sixtenths of a percentage point, a finding with implications for policy makers and the public. The researchers say that the index,
      NYT  -  587 words
    • Article
      Lock icon UK manufacturers confident about exports: poll
      451 7 Reuter LONDON British manufacturers have become more confident about global export orders in both the short and long term, but remain concerned about the negative impact on orders of economic weakness in Western Europe, a survey showed. According to the survey conducted by pollsters
      Reuter  -  451 words
    • Article
      Lock icon Fed governor sees GDP growth slowing in 1st quarter
      282 7 Reuter NEW YORK Federal Reserve Board governor Susan Phillips said she expects US economic growth to return to a more modest pace in the current quarter, adding that she is optimistic about the near-term outlook for inflation. "1 think it's hard
      Reuter  -  282 words
    • Article, Illustration
      Lock icon Belabouring Tory policies
      43 7 Reuter LONDON Shadow Chancellor Gordon Brown looking up at Labour's new poster on Monday which features in a nationwide campaign against Conservative tax plans. The poster reads: "New Tory taxes. Even disguised they will cost yon an extra £1330." Renter
      Reuter  -  43 words
    • Article
      Lock icon Westinghouse to cut 6,000 jobs
      240 7 AFP PITTSBURGH, Pennsylvania Westinghouse announced yesterday it will eliminate 6,000 jobs over two years, including 3,400 layolTs, as part of a sweeping restructuring plan. The electronics company said it would take a US$B45 million (SSI.3 billion) charge against earnings to cover the cost of the
      AFP  -  240 words
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      134 6 |gM m Rwtrictwi'ziiiß '™inJ 1 I IF YOU LIVE OUTSIDE («h« CBD) I I IF YOU WORK OUTSIDE I I STAY OUTSIDE! I I WE ARE LOCATED JUST OUTSIDE) I I r>!Mr>A .AOAMrcr RIVER GARDEN 24 HOURS I I RESTAHRANT COFFEE HOUSE I nUKAn i offers you a tasty irlformal
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      303 7 OF THE COMPETITION YttEf 1 Move up to the New Senawang Industrial Park A rare opportunity to V" set up in a well-planned D V Vk industrial park offering many competitive jpr Excellent Location The Park is the town f of Seremban and is just off the main IJm N
      303 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      It's the bottom line, not roots, that lures overseas Chinese
      1424 8  -  Special to BT China and India sons across the seas MICHAEL HAMLIN MICHAEL HAMLIN The writer is editor-in-chief of the Asian Manager, a publication of the Asian Institute of Management, Manila, and the institute's vice-president for external affairs UA COCONUT
      1,424 words
    • Article, Illustration
      Home is where the heart is
      1545 8  -  Special to BT SUDHIR MULJI SUDHIR MULJI The writer is chairman of Great Eastern Shipping Co. London (GES). and deputy chairman of GES, Bombay, hie h as earlier chairman of the government-run State Trading Corporation of India IAM perhaps not a typical nonresident Indian.
      1,545 words
    • Article, Illustration
      Back to the future in Vietnam
      1363 10  -  Rebuilding Indochina HARISH MEHTA HARISH MEHTA The writer is a BT correspondent specialising in Indochina a/fairs N GUY IN Trung Truetinkers with his collection of vintage cars when he switches off from running his finance firm, a bank, a pharmaceuticals and electronics business and
      1,363 words
    • Article, Illustration
      Why are these Cambodians giving up so much for so little?
      1140 10  -  BALA CHANDRAN BALA CHANDRAN Ihe writer is a Malaysian journalist fki\ed in f'hnom Penh as Dinvlor of Ncm v and World Report on I'cUiision Kampuchea, the first daily knttlish programme in C 'amhodia recently launched He muv previously editor
      1,140 words
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      602 9 TO MAKE A TIMELY KILLING TODAY f Arm yourself with the stockpage t I 1 ;:V &8 < 1 i±Q 1 5114,.. r^atf r.< jMßgjPj^Bßi Who hasn't dreamed of making a big killing in the stock market? Now you can do just that anytime, anywhere, even while you are on
      602 words
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  • SPORTS
    • Article, Illustration
      Lock icon Mickelson has major plans after the second victory
      495 11 Coif AP SAN DIEGO After winning cars for dad and mom. now Phil Mickelson says he would like to win something major for himself. Mickelson. who grew up in San Diego, finished filling his parents' garage on Sunday when he beat Fred
      AP  -  495 words
    • Article, Illustration
      Lock icon When boxers become street fighters
      59 11 AFP LOiNDOiN US World Boxing Organisation heavyweight champion Michael Bentt (right) and British challenger Herbie Hide (left) being separated after they wrestled in a puddle following a press conference on Monday. According to eyewitnesses, Bentt punched Hide in the face after being provoked. The two
      AFP  -  59 words
    • Article
      Lock icon Cowboys remain favourites as field narrows to 8 in NFL playoffs
      601 11 AP DALLAS The National Football League wild-card games were fun. the weekend entertaining. Or, as Kansas City coach Marty Schottenheimer put it: "We're in the entertainment business. We delivered." Still, with 12 teams trimmed to eight in the NFL
      AP  -  601 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        162 11 AFP AFP DALLAS, Texas Dallas running back Emmitt Smith, American football's leading rusher for a third straight year, was voted the National Football League's Most Valuable Player on Monday. The Cowboys, defending Super Bowl champions, went 12-1 with Smith playing a full game but lost three times without
        AFP  -  162 words
      • Article, Illustration
        Lock icon Basketball
        92 11 Reuter Reuter NEW YORK NBA MondayPhiladelphia 99 Boston 94: Orlando 115 Houston 100. Reuter COLOR A IK) SPRINGS, Colorado Detroit Pistons guard Isiah Thomas was named on Monday to replace injured Tim Hardaway on "Dream Team Two", the US team that will compcte in this year's world championships. The
        Reuter  -  92 words
      • Article, Illustration
        Lock icon Golf
        179 11 Reuter AP AFP MELBOURNE US PC.A champion Nick Price of Zimbabwe will play in next month's Australian Masters at Huntingdale Golf Club. It will be Price's second appearance in the tournament. Last year, he finished seventh, seven strokes behind winner Brad Hughes of Australia. AP LONDON England's Nick Ealdo
        Reuter; AP; AFP  -  179 words
      • Article, Illustration
        Lock icon Ice hockey
        31 11 Reuter NEW YORK NHL Monday Boston 0 Toronto 3: Montreal 4 Winnipeg 2: NY Rangers 2 Tampa Bay 5: Ottawa 3 NY Islanders 3 (OT): Anaheim 4 IX'troit 6.
        Reuter  -  31 words
      • Article, Illustration
        Lock icon Tennis
        342 11 AFP AFP JAKARTA Indonesian Open first round Monday: Steve Bryan (US) b Alex Antonitsch (Aus) 6-5 6-1: Jean Philippe Fleurian (Fra) b Daniel Orsanic (Arg) 6-2 6-1; Youness el Aynaoui (Mor) b Suwandi (Indo) 6-0 4-6 6-0: Andrei Olhovsky (Run) b Richard Matuszewski (US) 2-6 7-6 6-2; C'hnstianoCaratti (Ita)
        AFP  -  342 words
    • Article
      Lock icon Robinson can defend Spurs now with Dennis around
      359 11 AFP WASHINGTON David Robinson no longer has to worry about doing everything for the San Antonio Spurs. With new teammate Dennis Rodman averaging a National Basketball Association-best 17.5 rebounds a game. Robinson has been able to concentrate on scoring and defence. As
      AFP  -  359 words
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      524 11 Business Philippine* on the hfc.k up Grren Notation*. foe the travel indusir* Mai—l»for ly>thmuwiv mfcm jyj£i3jy;j 1 Why jhj I I ii\\\A i /yhi'.ljl'jil iijy VJ'jA'A 11 yj'jjjymy 8 II *11 ib, J jA j In this issue: A Radically New World Order Asia has a responsibility to pull the
      524 words
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      836 12 Hjffilfl WHERE TO WINE, DINE AND ENTERTAIN OF FULL DBV jl SEMINAR PACKAGE at only $45.00 per person Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages.
      836 words
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      Page 12 Advertisements Column 2
      309 12 THE NEPTUNE. INTO THEZ^rfIMNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune. And our Early Dinner Special menu prepared by experienced Hong Kong chefs. Free parking in the evening. Showtime*: B.oopm to 8.30pm 9.30pm to 10.00pm 7«*» iooc Ovmtm Uuoo Home Cottycr Quay Stf*apore 0104 Tel 224)922
      309 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon When monks cut platinum albums
      640 13  -  Two CDs featuring Gregorian chants have hit the charts in Spain. Ciaran Giles looks at the phenomenon Ciaran Giles AP A GROUP of Benedictine monks have rocketed to the top of the pop charts with some genuine golden oldies Gregorian chants. No, they haven't yet
      AP  -  640 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      356 13 ■Sf GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 #01 -03 ROYALVILLE BUtCIT TIMAH ROAD SINGAPORE
      356 words
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      Page 13 Advertisements Column 2
      134 13 A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only %32** per adult and $16 for children under 14. The $55** Champagne Brunch includes a bottle of the bubbly for two. Cheers! the I Oiemit V, Singapore B A
      134 words
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      Page 13 Advertisements Column 3
      10 13 Chatterbox has been held over owing to pressure on space
      10 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1334 13 TV RADIO Dinner at Eight. 10pm, SBC 12 A would-be socialite* plans dinner tor one of society's precouples. But unforeseen circumstances turn the social event into a farce. Ron Lago- ,<£ marsino's pale remake of George Cukor's Marsha J^k f Jm^A Talking Point Bpm, SBC 5 his on turn into
      1,334 words
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  • Article
    Securing Singapore's success
    591 14 EDITORIAL WHEN risk analysts, assessing the political outlook of the Asian economies in 1994, conclude that in Singapore's case the political debate will be dominated by economic issues, it says much about the country's health and wealth. While the deeper concerns elsewhere in the region still centre
    591 words
  • WHAT THE OTHERS SAY
    • Article
      Much-needed breather
      282 14 IF THERE IS one thing that stockmarket professionals, seasoned investors and the regulatory authorities can agree on in recent times, it is that the three-day fall suffered by the Singapore stockmarket last week was necessary, welcome and overdue. Before the tumble, the Straits Times Industrials Index, the most
      282 words
    • Article
      Cutting the link
      183 14 SOME QUARTERS in the legal profession strongly believe that Singapore should have cut the link with the Privy Council a long time ago. Being a sovereign nation, Singapore must be able to stand on its own feet and have its law respected by all. In fact the
      183 words
    • Article
      An outdated link
      224 14 THE GOVERNMENT would be abolishing all rights of appeal to the British Privy Council in the next few months. Such a decision should come as no surprise to anyone and neither would it affect most people. In fact, as early as four years ago, the kinds of
      224 words
    • Article
      Old problems in the new year
      185 14 TOMORROW MARKS THE start of the new legal year. As all branches of the law prepare to gather, it will offer the opportunity to review the achievements of the past year and set the agenda for the next 12 months. It will be up
      185 words
    • Article
      West must help Eastern Europe
      169 14 IT IS NOT HARD to feel for the former Eastern and Central European nations as they seek to reassert control over their destinies after decades of Soviet domination. Cheered and encouraged down the path of liberal democracy by the West and the promise of Western-style
      169 words
  • Article, Illustration
    Lock icon US still a growing industrial powerhouse
    612 14  -  America has not lost its vigour. It is still the biggest, richest and most productive economy in the world, writes John Cunniflf John Cunniff AP AMONG the billions of things produced in America is an inclination to believe that somehow the country has lost
    AP  -  612 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      37 14 Singapore Business has the details. YOUR CHANCE TO WIN KIM ENG SHARES .w ftiISIHISS When will die DdLTV eudV k I Wclrj fi.** JT*> v*+ Jffl! NOW I'uNirthcd by 1 lines Periodicals number of SINGAPORE PRESS HOLDINGS
      37 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      102 14 NOU) TSPOITION p*sO PS one, r<wM e rocjj M fro -rue DerootmoKJ or\ I voe J our p*Pfc<? i J WN COPS WTO TVfc o£ T' Vbjviowg.-.. V V u>«sT^P^Pe<? r C AUOCUTID m King Lin 1. JPOONESBURY GARRY TRUDEAU f MAIL MAIL MAIL 1 YOU (VHQA! CHECKOUT"DtARSJNKER- HCY! W
      102 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon HK's Mandarin shuns China
      1467 15  -  Martin Howell looks at why Hongkong's Mandarin Oriental International is not expanding its hotel chain Martin Howell Bloomberg Business News OVER the years, Mandarin Oriental International's network of 10 fancy hotels have been ranked among the world's best and won numerous awards for their five-star quality
      Bloomberg Business News  -  1,467 words
    • Article
      Lock icon Weathering the recession with a tight focus
      704 15  -  Niche markets and a South-east Asian manufacturing base are helping Japan's Aiwa to survive. Andrew Pollack reports Andrew Pollack NYT EVEN in one of the hardesthit sectors of hard-hit Japan, it is possible for a company with the right strategy, and a little
      NYT  -  704 words
    • Article, Illustration
      In dire need of water
      996 15  -  Poor seasonal rains and the worst drought in decades are threatening Thailand's economy. Alan Boya reports from Bangkok Alan Boyd The writer is a Bangkok-based journalist who contributes to BT WHEN Gateway City heard about Thailand's looming water shortage, the industrial park found itself with
      996 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      65 15 "Where is die best place to sell a home? THE SIMS TIMES CLASSIFIED! Are you making a move to sell your single-storey terrace? A double-storey semidetached? A maisonette? An apartment? An ad in The Straits Times Classified puts you in touch with over 500,000 potential buyers who will respond quickly.
      65 words
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  • Article
    Lock icon Clinton wants to build on momentum of Gatt accord
    468 16 Japan urged to work with US, EU in opening markets Reuter, AP, AFP BRUSSELS US President Bill Clinton told the European Union yesterday he wanted to build on the momentum reached in the Gatt world trade agreement to open more markets.
    Reuter,; AP,; AFP  -  468 words
  • Article, Illustration
    Lock icon China to issue special HK passports before 1997
    247 16 AFP, UPI HONGKONG China intends to issue special Hongkong passports before it takes back the British colony in 1997. Lu Ping, director of the Hongkong and Macau Affairs Office, told Hongkong reporters in Beijing yesterday that design work on the new travel
    AFP,; UPI  -  247 words
  • Article
    Lock icon British banking profits hinge on cost-cutting measures
    334 16 Reuter LONDON Barclays pic's decision to axe an extra 3,000 staff by 1995 reflects the British banking industry's urgent need to bring its cost base into line with European competitors. Barclays said on Monday it had planned the additional cuts in its five-year
    Reuter  -  334 words
  • Article
    Lock icon Business investment to power Aussie growth
    417 16 AFP. Knight-Riddcr SYDNEY Business investment will power Australia into accelerated economic growth over the next two years, but unemployment will remain stubbornly high. A survey of leading economists, released yesterday, showed the mean expectation of 18 leading economists was for gross domestic product (GDP)
    AFP.; Knight-Riddcr  -  417 words
  • Article
    Lock icon US may end up making bigger concessions in Japan trade talks
    360 16 Reuter. AP TOKYO The United States and Japan arc likely to make compromises in thorny trade talks ahead of a February deadline, but US negotiators may end up agreeing to bigger concessions than their Japanese counterparts. "Both sides will
    Reuter.; AP  -  360 words
  • Article
    Lock icon Giant Dutch pension fund to enter international swap market
    267 16 Reuter HEERLEN, Netherlands One of the world's largest pension funds is about to enter the international swap market, bringing prospects of a big boost to guilder swap business and millions of dollars in fees for banks. ABP. the Dutch civil service
    Reuter  -  267 words
  • Article, Illustration
    Asia must prepare for deluge of foreign funds
    969 16  -  The Bottom Line VIKRAM KHANNA VIKRAM KHANNA The writer is BT's regional economies editor FOREIGN institutions arc buying: That was the refrain that resounded across Asia a few weeks ago, when the region's stock markets were shooting into the stratosphere. Last week,
    969 words
  • Article
    Lock icon Much progress in EMS, says new president of European Monetary Institute
    232 16 Reuter FRANKFURT Alexandre Lamfalussy. new president of the European Monetary Institute (EMI), said great progress had been made in the European Monetary System (EMS) since fluctuation bands were widened last summer. At a news confcrence after the inaugural meeting
    Reuter  -  232 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      74 16 COMPAQ Authorised Dealer For Singapore China L*****2J PRIME DEVELOPMENT SITE at 92 Hillview Avenue Singapore Freehold Tenure Site Area 6,776.9 sm (72,947 sf) approx. Suitable for Condominium Development at plot ratio of 1.92 FOR SALE BY TENDER Closing Date: 21 January 1994,12.00 noon. For Details and Tender Documents, Please Contact:
      74 words
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      Page 16 Advertisements Column 2
      27 16 15/8 Days frslBBB 5/6 Days frs23BB 5/7/3 Days frs24BBM 'Commonwealth Travel Servue ClOftCOO; V 133 New Bridge Road *04-26 A *04-42 Chinatown Point Singapore 0105 &Jft] o
      27 words
    • Advertisement
      Page 16 Advertisements Column 3
      51 16 ENHANCE Memory Products Inc. f 7 I MICRO Upgrades For Your PC Freehold Site IN JURONG KECHIL AREA FOR SALE BY TENDER Site Area of approximately 22,016 sf. Residential Development at Plot Ratio of 1.99. Closing Date 28 January 1994 at 3 pm. Fof further information, please contact Sole Marketing
      51 words
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  • COMPANIES & MARKETS
    • Article
      You'll soon be able to hail a Comfort cab in Suzhou
      338 17  -  By Yong Pow Ang SINGAPORE NTUC Comfort Holdings will run a taxi fleet in Suzhou, China in April in what is a prelude to an aggressive overseas expansion. It will be the transport company's first overseas venture. NTUC Comfort
      338 words
    • Article, Illustration
      Orchard Parade to include $30.5m pre-tax profit from West Bay condo in '94 results
      333 17  -  By Abdul Hadhi SINGAPORE Listed hotel and property group Orchard Parade Holdings will include a pre-tax profit of about $30.5 million from the sale of its West Bay condominium project in its 1994 financial results. The
      333 words
    • Article
      Lock icon Union Paper's group pre-tax profit falls 61pc
      233 17 Bernama KUALA LUMPUR Union Paper Holdings Bhd, very much in the limelight last year for the short-selling saga, has reported a group consolidated pre-tax profit of M 5869,000 (*****,600) for the year ended Aug 31, down 61 per cent from M 52.23 million
      Bernama  -  233 words
    • Article
      ABR Hldgs to issue 5-year notes to raise $30m
      232 17 SINGAPORE Sesdaq-listed ABR Holdings plans to borrow S3O million to use as working capital. ABR the Asia-Pacific Based Restaurant chain formerly known as Swens AsiaPacific plans to issue fiveyear notes. Syndication for the facility, arranged by Keppel Bank, has closed. According
      232 words
    • Article, Illustration
      Market bulls will still hold sway despite interest rate hike
      570 17  -  HOCK LOCK SIEW By Paul Leo SINGAPORE It is amazing how a small number can make such a difference to market sentiment. A 0.5 percentage point hike in United Overseas Bank's prime rate was part of the reason why the
      570 words
    • Article
      Petronas to list domestic marketing unit on KLSE
      454 17  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S state-owned oil company Petronas will float its domestic marketing subsidiary on the Kuala Lumpur Stock Exchange in March. The listing of Petronas Dagangan the first float by the national oil giant is part of a
      454 words
    • Article
      Van Der Horst plays down reports of Indon power project talks
      274 17  -  By Ven Sreenivasan SINGAPORE Marine engineering group Van Der Horst yesterday played down reports that it is negotiating a stake in another power project in Indonesia. An announcement would be made if and when a contract was forthcoming, the
      274 words
    • Article, Illustration
      Lock icon SUMMARY
      318 17 Source: Bridge Info Performance of STII's Index stocks Jan 11 IjsI Sent laiex Slock ult Chge factor aoim (S) (V) Avimo 2.4*0 0.050 1.54 -0.96 CAC 8 100 -0.250 5.06 4 82 CWT 3.100 -0.140 194 2.70 Cercbos 7 700 -0.100 4 81 1.93 FAN 17.100 10.69 CenMag 1.350
      Source: Bridge Info  -  318 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Yamaichi Dae Fund's NTA
          28 18 SINGAPORE Yamaichi Dae Fund announced that the unaudited net tangible asset backing per preferred share in the company was USS 18.57 at Jan 6.
          28 words
        • Article
          Hind Hotels replies to SES
          36 18 SINGAPORE Hind Hotels International has told the Stock Exchange of Singapore that it knows of no reason for the recent sharp increase in the price and trading volume ot its shares.
          36 words
        • Article
          Lock icon Kemayan to build new township
          82 18 Bernama KUALA LUMPUR Kemayan Oil Palm Bhd will build a new township in Seremban that will involve more than MS4OO million (***** million) in investment. The new township, called the "1388 Rasah Kemayan Golf and Country Township", is strategically located next to the Seremban 11
          Bernama  -  82 words
        • Article
          Lock icon Construction materials firm sold
          73 18 Bernama KUALA LUMPUR Daiman Development Bhd (DDB) is buying Tai Yue Sdn Bhd (TYSB), a company which is involved in the trading of building construction materials, for a cash consideration of M 56.16 million. Commerce International Merchant Bankers Bhd said in a statement on behalf of
          Bernama  -  73 words
        • Article
          Lock icon More Langkawi visitors expected
          62 18 Bernama LANGKAWI Malaysia Airports Bhd anticipates the number of Langkawi International Airport users to increase to 1.5 million from the 712,000 last year. The estimation was based on the increasing number of tourists to the island after the launch of Visit Malaysia Year 1994 on Jan
          Bernama  -  62 words
        • Article
          Lock icon Advantages of a direct listing
          101 18 Bernama KUALA LUMPUR A company should seek a direct listing rather than go for an alternative such as a reverse takeover, said a speaker at a two-day conference on "Successful Public Listing in Malaysia" here yesterday. Malaysian International Merchant Bankers Bhd corporate advisory services senior
          Bernama  -  101 words
      • Article
        Lock icon C P Pokphand to buy 16 China units from Chearavanont family
        320 18 Reuter, Bloomberg Business News HONGKONG Shareholders of C P Pokphand Co have agreed to the acquisition of 16 companies from the Chearavanont family, which owns about 60 per cent of Pokphand, at a cost of USS37 million (Sss9 million).
        Reuter,; Bloomberg Business News  -  320 words
      • Article
        UBS to buy 15pc stake in Thailand's Finance One unit
        449 18  -  From Loh Hui Yin in BANGKOK UNION Bank of Switzerland (ÜBS), which is rapidly expanding its business in Asia, is buying a 15 per cent stake in a major subsidiary of Finance One, Thailand's largest financial group. ÜBS' cost of
        449 words
      • Article, Illustration
        Pidemco Land to sell 2 mixed development projects in China's Fujian this year
        571 18  -  From A J Leow in XIAMEN GOVERNMENT-1 inked property firm Pidemco Land will launch the sales of two overseas mixed development projects in China's Fujian province this year. Although it is currently involved in a slew of
        571 words
      • Article
        Lock icon Malaysia's Sumurwang to set up chemical plant in China
        248 18 Bernama KUALA LUMPUR Sumurwang Sdn Bhd yesterday announced its first joint venture in China, which involves the setting up of a sodium polyphosphate manufacturing plant in Jiangyin. Its executive chairman Lim Kim Hong said in a statement here that the project
        Bernama  -  248 words
      • Article
        Lock icon IBM Japan to obtain hard disk drives from Thailand
        210 18 Bernama-Kyodo TOKYO IBM Japan Ltd is to obtain all the hard disk drives (HDDs) it needs from Thailand in a switch to take place within the first quarter of this year, according to a company spokesman. He said yesterday IBM aimed
        Bernama-Kyodo  -  210 words
      • Article
        Lock icon M'sian firm supplies tiles for CHIJ roof
        97 18 Bernama KUALA LUMPUR Batu Arang Bricks Tiles Bhd (BABT) has secured a deal to supply 650.000 uniquely designed clay roof tiles worth over M 5500.000 for a major project in Singapore's building restoration programme. BABT said in a statement here yesterday the speciallymade
        Bernama  -  97 words
      • Article
        Lock icon Mobikom to launch new cellular mobile service
        229 18 Bernama KUALA LUMPUR Mobikom Sdn Bhd. the operator of the 800 MHz cellular mobile serv ice, says its service will be called "Mobifon 800". Chief executive officer Zamani Zakariah. said yesterday: "We will be using Mobifon 800 as our product logo and this
        Bernama  -  229 words
      • Article
        Lock icon M'sian broking firms expect to pay at least 12 months' bonus
        377 18 AFP KUALA LUMPUR Stockbrokers in Malaysia are rewarding their staff with fat bonuses of at least 12 months' salary as a reward for the super bull run of the past year on the local bourse, broking officials said on
        AFP  -  377 words
      • Article
        UNIT TRUSTS & FUNDS
        498 18 UNIT TRUSTS FUNDS Managers priccs Jan 12 i.nibond f 1025 I.OSxd mi u United Or Fund1.68 l.75xd Singapore Unit Trust i n.icd as» Fund 202 2.12nd' TlK-rommcrcv 184 194 NTUC IllCOIlie The Savings Fund 171 I 80 incomc Band Polio 4.90 5.07 S pore Prog F und 0.76 0.80 7
        498 words
      • Article
        DIVIDENDS ANNOUNCED
        355 18 Payment Ex Books Pay date close date MSB 50* b 5 Dec 31 Jan 14 Jan 21 Amal Steel 50* b 14 Dec 2 Dcc 16 Jan 15 Antah Hldgs 50* b 6 Dcc 9 Dcc 23 Jan 17 Asia Pacific F I8N Feb 9 Feb 15 Feb
        355 words
      • Article
        Lock icon Citic Pacific may separately list trading and retail arm
        550 20 Bloomberg Business News HONGKONG Citic Pacific. China's main listcd-invest-ment company in Hongkong, said it may separately list its rapidly expanding Dah Chong Hong trading, retailing and vehicle distribution arm. Analysts said Dah Chong Hong could have a market capitalisation in excess
        Bloomberg Business News  -  550 words
      • Article
        Lock icon Seoul to sell off stake in telecom monopoly
        464 20 Move likely to cool tussle among 6 consortia for share of second network Reuter SEOUL The Communications Ministry said yesterday a 44 per cent stake in South Korea's mobile telephone monopoly would be auctioned otY later this month, providing a fresh entry
        Reuter  -  464 words
      • Article
        Li Ka-shing firm in 3.2b yuan deal to build Beijing homes
        253 20 SINGAPORE Cheung Kong Holdings, one of the firms in Hongkong tycoon Li Ka-shing's empire, has signed a deal involving two property projects worth 3.2 billion yuan (SSSB7 million in Beijing, according to a report in Hongkong's Sunday Post. The
        253 words
      • Article, Illustration
        Lock icon Matsushita's new video game unit
        45 20 AFP TOKYO, Japan A clerk displaying a Matsushita Electric Industrial's Panasonic Real 3DO CD-ROM video game unit yesterday. .Matsushita is to start domestic sales of the multimedia unit on March 20 with a price of 79,800 yen (SSI. 133) VKP
        AFP  -  45 words
      • Article
        Lock icon Brierley, Aetna team up to own NZ health care business
        290 20 Bloomberg Business News WELLINGTON Health insurance group Aetna International (NZ) Ltd and entrepreneurial group Brierley Investments Ltd said they are forming a joint venture to own Aetna's existing health care business in New Zealand. Brierley and Aetna will each own
        Bloomberg Business News  -  290 words
      • Article
        Lock icon Two firms to link 25pc of US schools in two-way cable network
        426 21 Bloomberg Business News LOS ANGELES Tele-Com-munications Inc and Bell Atlantic Corp announced plans on Monday to link 25 per cent of the nation's schools into a two-way cable network during the next three to five years. The two
        Bloomberg Business News  -  426 words
      • Article
        Lock icon Suits seek to block merger of Viacom and Blockbuster
        246 21 Bloomberg Business News WILMINGTON, Delaware Shareholders filed two separate lawsuits on Monday seeking preliminary injunctions to block the merger of Viacom Inc and Blockbuster Entertainment Corp. The lawsuit filed in Delaware Chancery Court by a Blockbuster shareholder identified only as Sidney
        Bloomberg Business News  -  246 words
      • COMPANY BRIEFS
        • Article
          Lock icon Thai bank's rights issue approved
          112 21 Bloomberg Business News BANGKOK The board of directors of Bangkok Bank of Commerce approved a capital increase of 811 million baht (5550.7 million) through a rights issue to existing shareholders, the bank said in a report to the Stock Exchange of Thailand on Monday. Existing
          Bloomberg Business News  -  112 words
        • Article, Illustration
          Lock icon Seeking to invest in Vietnam
          64 21 Reuter HANOI Retired General Vo Nguyen Giap (left) walking with American Peter Aldrich (right), president of the Boston-based investment firm Aldrich, Eastman Waltch during a meeting in Hanoi yesterday. Mr Aldrich heads a US delegation called "The Research Group" which is investigating opportunities for foreign
          Reuter  -  64 words
        • Article
          Lock icon Susco to sell 17pc stake to two firms
          102 21 Bloomberg Business News BANGKOK Siam United Services pic (Susco), Thailand's fifth largest petroleum retailer, will sell a 17 per cent stake to two companies as part of a capital expansion programme, the company said. Thai Petrochemical Industry pic, a listed chemicals and
          Bloomberg Business News  -  102 words
      • Article, Illustration
        Lock icon Pizza Hut to open in India
        180 21 UPI NEW DELHI The Indian government, pursuing a programme of free-market innovations, has approved a US$4O million (Ss64 million) Pizza Hut International proposal to open a chain of restaurants in India. Since launching its econom-ic-liberalisation drive in 1991, Prime Minister P V Narasimha Raos'
        UPI  -  180 words
      • Article
        Lock icon US West to spend US$750m to expand video service
        392 21 Bloomberg Business News DENVER US West Inc. in a major push into interactive services, said it will spend US$75O million (Ssl.2 billion) over the next two years to wire about 750.000 homes and businesses with video in addition to conventional telephone.
        Bloomberg Business News  -  392 words
      • Article
        Lock icon Intel to develop PC-conferencing standard
        238 21 Bloomberg Business News SANTA CLARA, California Intel Corp, rushing to stem competition in the next major communications market, on Monday said it's working with other companies to develop a standard for personal comput-er-based conferencing. Patrick Gelsinger, vice-pres-ident and general manager of Intel's personal conferencing division,
        Bloomberg Business News  -  238 words
      • Article
        Lock icon Memorex Telex takes first step towards US$850m restructuring
        324 21 Bloomberg Business News DALLAS Memorex Telex NV began soliciting votes on Monday for a plan that would convert almost all of the company's debt into equity after a brief stay in bankruptcy. Using a so-called prepackaged bankruptcy filing, in which creditors approve
        Bloomberg Business News  -  324 words
      • Article
        Lock icon Gillette to trim 6pc of workforce in global revamp
        498 21 NYT BOSTON The Gillette Co said on Monday that it would shed 2,000 jobs, or 6 per cent of the company's total, during the next two years, as part of a worldwide realignment that would result in a one-time fourth-quarter charge
        NYT  -  498 words
      • Article
        Lock icon AT&T system links PCs with voice mail
        267 21 Bloomberg Business News, Reuter NEW YORK American Telephone Telegraph Co has introduced a system, targetted at businesses, that allows personal computers to communicate with voice mail. Dubbed "Intuity". the prices for the AT&T system will range from US$2l,OOO (5533,600) for a four-user system
        Bloomberg Business News,; Reuter  -  267 words
      • Article
        Lock icon Merrill Lynch to pay damages to old couple
        184 21 Bloomberg Business News TAMPA, Florida Merrill Lynch Co was ordered to pay almost U5594,000 (S$ 149,460) to a retired couple who said they lost money investing in real estate limited partnerships in the 1980s. The three-member National Association of Securities Dealers arbitration
        Bloomberg Business News  -  184 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon BCCI investigators gain access to secret documents
        503 22 IHT PARIS US prosecutors investigating the BCCI affair on Monday said they should be able to bring fresh indictments of both American and foreign figures as a result of a groundbreaking agreement with Abu Dhabi. Under the deal, the Gulf emirate will extradite
        IHT  -  503 words
      • Article
        Lock icon Thai banks cut loan, deposit rates for 2nd time in a month
        265 22 Bloomberg Business News BANGKOK Siam Commercial Bank and Thai Farmers Bank will lower most lending and deposit interest rates by 0.25-0.5 percentage point this week, the second rate cut since mid-December. Siam Commercial Bank, the nation's fourth largest
        Bloomberg Business News  -  265 words
      • Article
        Schroders sets up subsidiary in Labuan
        241 22  -  By Soh Tiang Keng BRITISH merchant bank Schroders has set up a fully owned Malaysian subsidiary on the island of Labuan to do offshore banking business. The new bank, Schroders Malaysia (L) Berhad, has paid-up capital of US$4.5 million (S$ 7.15 million). Schroders has
        241 words
      • SMALL CHANGE
        • Article
          Lock icon Peregrine to sell US$175m bonds
          92 22 Bloomberg Business News HONGKONG Financial services and investment group Peregrine Investment Holdings Limited will sell at least US$l75 million (SS2BO million) of convertible bonds. It told the Stock Exchange of Hongkong that Morgan Stanley International and Peregrine Capital Limited will underwrite the bonds that will
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Tipco's debentures get BBB rating
          89 22 Reuter BANGKOK Thai Rating and Information Services (Tris) assigned a 888 rating for Tipco Asphalt Co Ltd's warrant-at-tached debentures. Tris said the rating reflected Tipco's relatively high capacity to service debt on time, although the company could be affected by adverse changes in financial, business,
          Reuter  -  89 words
        • Article
          Lock icon Vietnam allows personal cheques
          85 22 Reuter HANOI Vietnam's State Bank has decided to allow private citizens to use cheque accounts as a way to help modernise the banking system, central bank officials said. Previously only companies and official organisations were allowed to make payments by cheque in what remains a society
          Reuter  -  85 words
        • Article
          Lock icon Hoi Sing to sell Swiss franc bonds
          76 22 Bloomberg Business News HONGKONG Hongkong construction company Hoi Sing Holdings Ltd will sell roughly 20 million worth of convertible bonds denominated in Swiss francs (5521.6 million). In a statement to the Stock Exchange of Hongkong, Hoi Sing said Yamaichi Bank (Switzerland) will underwrite
          Bloomberg Business News  -  76 words
      • Article
        Lock icon Tokyo insurers offer to cover shareholder lawsuits.
        112 22 Bloomberg Business News TOKYO Japan's non-life insurance companies will start selling corporate insurance policies that cover damages resulting from shareholder lawsuits, the Mainichi newspaper said. Tokio Marine Fire Insurance Co, Mitsui Marine Fire Insurance Co, Nippon Fire Marine Insurance Co and AIU Insurance
        Bloomberg Business News  -  112 words
      • Article
        Lock icon US oil firms in venture to develop field in South China Sea
        245 22 Platts NEW YORK In a departure from its current oil and gas production activity, KerrMcGee Corp said on Monday its subsidiary, Kerr-McGee Liuhua Ltd, agreed to join up with Amoco Orient for a 24.5 per cent interest in
        Platts  -  245 words
      • Article
        Lock icon Zinc producers have second thoughts on Euro smelter closure plan
        412 22 Reuter LONDON Plans to cut excess zinc smelting capacity in Europe may have run into difficulties even though European producers reported some progress at a meeting last week, trade sources said. Europe's zinc producers are exploring proposals for an assisted
        Reuter  -  412 words
      • Article
        Lock icon KL tin smelters, miners fail to sort out differences
        186 22 Knight-Ridder KUALA LUMPUR A meeting to iron out disagreements between a group of tin mine operators and smelters over the workings of the Kuala Lumpur Tin Market has ended inconclusively. Sources yesterday said the two-hour meeting on Monday failed to persuade
        Knight-Ridder  -  186 words
      • Article
        Crude oil futures up on higher US heating oil
        180 22 LONDON Crude oil futures rose on both sides of the Atlantic yesterday, partially reversing Monday's price crash, as traders bid US heating oil prices higher because of continued frigid temperatures along the eastern seaboard. Oil futures prices plunged on both sides
        180 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        141 22 THE USS/majors moved higher during Far East trading session as the market unwound short positions created over the weekend. Movements were, however, slow and the market lacked momentum. The USS/MS again saw volatile swings as fund managers, corporates and traders all jumped on the bandwagon
        141 words
      • Article
        Lock icon London
        195 22 Bloomberg Business News LONDON The dollar ended higher in Europe amid a dearth of fresh economic news as traders await the December US producer price report today and a raft of other US statistics later in the week. Sterling continued to push higher, hitting a five-and-a-half month high at
        Bloomberg Business News  -  195 words
      • Article
        Lock icon New York
        83 22 AFP NEW YORK The dollar moved higher against other major currencies yesterday in New York trading ahead of the release of December's wholesale prices. At around 9:30 am, the dollar traded at 1.7407 German marks against 1.734S late on Monday and at 112.60 yen against 112.20. Earlier, the
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1462 22 Trade-weighted index caicuiaied againsi S port j top 14 trading partners Base year IMS US$/S$ tonmd rates Noon Jan 11 SI ■U OBtr 1-month 1.601J ***** 2-month ***** 1.6041 J-nwoth 6055 *.-V 6-month 1.6037 ***** Source: OCBC FOREIGN CURRENCY NOTE RATES As at ltaa aa to II: Siawtrt Mian to
        1,462 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars end steady, Euroyen lower
        1308 23 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures ended steady to firm on less worries over US inflation and recent sharp falls in oil prices. Dealers said the outlook was brighter ahead of the crucial release of key inflation indicators, the producer and consumer
        Reuter  -  1,308 words
      • Article
        Tin higher on currency factors, LME
        602 23 COMMODITY REPORTS Tin MALAYSIAN tin closed 22 sen higher at M$ 12.40 a kg on strong buying, aided by currency factors and higher London prices, traders said. "The metal is boosted by a weaker ringgit against the US dollar,** one trader said, expecting prices
        602 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Speculation on China wheat buying
          148 23 SYDNEY Traders here said there were few signs that Australia has captured fresh sales to China after China declined to rebid on Monday for 285,000 tonnes of US-subsidised wheat. Traders overseas speculated that the lack of a Chinese bid for US wheat may have or
          148 words
        • Article
          Seoul pressed to import feed barley
          92 23 TOKYO A South Korean government approval of feed-barley imports may open the way to initial barley imports of up to 500,000 tonnes annually, say trade sources in Seoul. The government now bans feed-barley imports to protect domestic producers, but pressure from domestic feed makers
          92 words
        • Article
          S Korea buys Canadian feed wheat
          138 23 TOKYO A group of South Korean feed buyers contracted to buy 802,500 tonnes of Canadian feed wheat late on Friday from Japanese trade houses at US$ 108.75 to US$ 108.80 per tonne C&F, trade sources in Seoul .said yesterday. The Korea Feed Association bought
          138 words
    • Article
      COMMODITY PRICES
      1612 23 Rubber HAS Cawndtty Exchange (Marts closing as at lp«) ItSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Feb 94 OOO OOO 129.25 UOO 1900 Mar 131.75 131.00 131.25 2225 6.575 Apr 134.25 133.25 133.00 300 5.650 May 134.50 134.25 134.25 600 5.950
      1,612 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1171 24 +8.1 AUSTRALIAN shares closed yesterday at their highest level since the October 1987 crash, partly due to increased offshore confidence in the economy, brokers said. The All Ordinaries index ended at 2.206.7. 8.1 points atxne Monday's finish, while the All Industrials index rose 19.3 points to 3.318.8 and the
        1,171 words
      • Article
        Manila
        637 24 -42.03 Share prices ended lower as investors continued to take profits in a consolidating market, following closely the movements in Hongkong, brokers said. The composite price index at the Manila Stock Exchange dipped 42.03 points, or 1.36 per cent, to close at 3.047.36 while the indicator at the rival
        637 words
      • Article
        Taipei
        538 24 •103.44 Taiwan stocks closed 1.6 per cent lower on profit-taking from the bull run and the recent tightening of liquidity in the money market. The index opened higher and fluctuated between 6.125 and 6.392 before ending 103.44 points down at 6.240.39. Turnover was heavy at NT$ 119.29 billion but
        538 words
      • Article
        Seoul
        417 24 +7.98 The stock market closed higher in a day of low trading volume on the back of renewed strong interest in expensive blue-chip manufacturings, brokers said. Park Key Pyong of Hanyang Securities said a lack of selling by the Korea Stock Market Stabilisation Fund (KSMSF) helped the market gain
        417 words
      • Article
        New Zealand
        285 24 +4.6 A bout of profit-taking follow ing the strong run on the New Zealand share market saw the NZSE-40 capital index close at 2.256.11. 4.06 points above Monday's close. "We've had a glorious run on this market." said Tony Gallaugher of Cavill White. "Not surprisingly we've seen a
        285 words
      • Article
        Bombay
        61 24 -41.46 Share prices in evening kerb deals were quoted slightly higher than the closing levels and brokers said it reflected confidence in the market despite mild apprehension over a ban on carry forward deals. The Bombay Stock Exchange (BSE) 30-share index fell 41.46 points down to 3.780.10. The 100-share
        61 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        953 24 Britannia Funds Sterling C ash Bid Offrr Mim Cap Orpovit MtKI 38 6500 Mim )«*> (.ilt 0 1*93 0 1992 Mim Mat Income "I (WOO ****** I S$ C ash Income Plus Fund 10 7*00 II MOO PS Rncne Fund 5 2400 5 2500 Sterling FqiaO Fum lYrtormance 0 4512
        953 words
      • Article
        London
        649 24 -26.8 Shares slid to a lower close as the March FTSE futures contract slipped through a technical support level and amid fears that rising prices in the UK may stoke inflation and delay UK rate cuts, dealers said. The FTSE 100 index closed down 26.8 points at 3,413.8 in
        649 words
      • Article
        Paris
        107 24 +14.08 French shares came off day's highs in late afternoon. but the CAC-40 index still set its third record closing high in a row and a new intra-scssion high. The CAC-40 share index finished up 14.08 points at 2,331.33. Paris Jan II Kr \ir-L*gui<lc *•»<«» l<00 Akjit-I Anslhom >»IO(IO
        107 words
      • Article
        Stockholm
        178 24 +o.oBpc Index-heavy Ericsson pushed Swedish shares to close slightly higher despite profit-taking, a weak foreign bourse trend and higher debt market yields in high turnover of 2.48 billion crowns. Dealers said the market is becoming overbought. "But American investors don't seem to care. They were the ones lifting the
        178 words
      • Article
        Frankfurt
        189 24 -5.04 German stocks were little changed in late trading as a lack of investors left traders guessing where the market is heading. "The liquidity is still there, but institutional investors can't yet make up their minds to buy, and tend to take profits instead," said Michael Schubert. a trader
        189 words
      • Article
        Brussels
        157 24 -1.21 Belgian shares mostly ended the day unchanged to easier as the market paused for breath after recent gains to yet more new highs. But bucking the downward trend which was also reflected on other European bourses were cyclical stocks, led higher by Cockerill Sambre and Petrofina. The Bcl-20
        157 words
      • Article
        Milan
        166 24 1.95pc Italian shares rose almost 2 per cent, ending four sessions of steady decline with a strong technical rebound which has more room to go. dealers said. Industrial stocks enjoyed a good day, with Fiat up 144 lire at 4.297, Pirelli climbing 51 to 2,053 and Olivetti lifting 87
        166 words
      • Article
        Amsterdam
        273 24 -0.41 Amsterdam shares ended an erratic day slightly weaker as a jaded tone seeped into the market after its recent bull run. "The market is looking a little bit tired. It's more or less run out of steam," said Peter dc Bic, trader at Bank Mecs Pierson. The AEX
        273 words
      • Article
        Zurich
        249 24 +3.6 Swiss shares closed slightly higher after the market recovered from a weak opening. Dealers said the market generally lacked direction and news to trade on. Nestle, four francs higher at 1,331, topped the active list. Players were shifting holdings back and forth from one sector to another and
        249 words
      • Article
        Toronto
        272 24 •0.87 Toronto stocks were mixed early yesterday with a negative tone as gains in precious metals were offset by losses in most other sectors. The TSE 300 composite index edged down 0.87 points to 4.452.34 on volume of 15.08 million shares valued at CS 178.73. The TSE soared 32.36
        272 words
      • Article
        New York
        784 24 -11.54 The Dow Jones industrial average, which surged 44.74 points to a new all-time high 3,865.51 on Monday, was down 11.54 points to 3.853.97 at 11 am EST yesterday. The New York Stock Exchange composite index was on 0.62 to 262.14. while the S&P 500-stock index was down
        784 words
    • Article, Illustration
      Lock icon HONGKONG
      3157 25 Reuter HONGKONG Shares dropped sharply yesterday but ended above their lows as rumours of banks adopting an even tighter mortgage lending policy sparked profit-tak-ing. brokers said. The blue-chip Hang Seng Index fell 211.13 points, or 1.86 per cent, to close at 11.155.81. The day's low was 11,072.28. Turnover slid
      Reuter; Source: Bridge Info  -  3,157 words
    • Article, Illustration
      CHINA
      500 25 THE CLSA Shanghai B index finished the day down 3.74 points at 1,116.12. Lian Hua dipped 6.1 per cent, having accumulated a gain of 24 per cent from 50 US cents over the pass three trading days. Wing Sung rebounded 3.9 per cent on light turnover. Erfangji also tacked
      500 words
    • Article, Illustration
      Lock icon TOKYO
      2510 25 Reuter TOKYO Stocks ended a day of ups and downs mixed, dropping early morning gains as increased selling from corporations and dealers weighed on prices, brokers said. The absence of fol-low-through buying from foreigners added to downward momentum. "The Nikkei got top-heavy at around 18,600, a technical resistance." a
      Reuter; Source: Bridge Info  -  2,510 words
    • Article, Illustration
      Lock icon BANGKOK
      1795 25 Reuter BANGKOK Thai stocks closed higher with brokers wondering whether the market might be staging a real recovery from four days of sharp falls or if it was just a short-term technical rebound. The index rose 59.78 points, or 3.87 per cent, to 1.605.06. Turnover was a moderate 20.1
      Reuter; Source: Bridge Info  -  1,795 words
    • Article, Illustration
      Lock icon JAKARTA
      1134 25 Reuter JAKARTA Share prices closed lower in active trading with local investors taking profits during the final session, brokers said. The official index dropped 9.64 points lower to 598.05. "Locals panicked a hit when they saw prices sliding on some other Asian markets hut this is healthy. The market
      Reuter; Source: Bridge Info  -  1,134 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2648 26 Source: Bridge Info Source: Bridge Info MOST ACTIVE ¥dum> Raniunling MX" J2.405.000 FMH SOt 24.S75.000 Sd DmJg 50fc I7.S75.000 AMIJB 50c 16 019.000 Faber Cruup I4.J07.000 Pimm 13.997.000 Tan <7»ong MX 12.555.000 Roving Bhd 50c 10.885 000 Menang Corp 9.999.000 Pegi Msia 8.996 000 Idns Hvd 50c 7.627.000
      Source: Bridge Info  -  2,648 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Index takes second largest fall ever
        5817 26 Bernama KUALA LUMPUR Stock priccs here plunged yesterday as investors sold their positions on fears that a major correction may be setting in after the blistering pace last month. The benchmark Composite Index lost 67.2 points or 5.5 per cent to 1,139.55 despite opening
        Bernama; Source: Bridge Info  -  5,817 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6967 27 I WWW BOARD Transaction date: Jan 11 Gr Gr IWM Lul Vol Day LtU Quote Di» Di» V M N« M Co High Lw Compaay Sale COOOt High Lo» Bayer Seller Or P/E S"il INDUSTRIAL AND COMMERCIAL 1400 260 t Acma 1310 20 745 1310 1290 1310 1320 12.5 2.1
        6,967 words
      • Article, Illustration
        Lock icon Prices fall sharply in step with KL sell-off
        1628 28  -  By R Sivanithy SINGAPORE After a strong recovery on Monday, share prices fell sharply yesterday. dragged down mainly by a massive sell-otY in Malaysia. Brokers said the rise in United Overseas Bank's prime rate also played a part in yesterday's move downwards.
        Source: Bridge Info  -  1,628 words
      • Article, Illustration
        Low Keng Huat
        121 28  -  HOT STOCK By Quak Hiang Whai CONSTRUCTION stock Low Keng Huat closed 13 cents lower at 51.66 yesterday, marking the start of a consolidation. Should the counter rise again which is unlikely punters should take the opportunity to sell as upside potential is limited. The overbought signals
        121 words
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      528 17 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 "I deal in cameras. AndlJmow whereto get good exposure." j ow f Ar J' r f or MBl dkH, A ««"ckV I books g, ot h.i' PfiotofraphrJ 99/ Pr *****10 Call today for results tomorrow. GAT.S. I 737-1166 I I OFFICIAL NOTICE I
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      213 18 A DEVELOPMENT PROGRAMME FOR EXECUTIVES The Certified Diploma in Accounting and Finance (CDAF) is a post-graduate level qualification which is offered by the Chartered Association of Certified Accountants (United Kingdom). It aims to provide executives from nonaccounting backgrounds with knowledge and practical and usable skills in accountancy and finance. The
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      26 19 "J >] ■wr™ ii|JE lit DIDN'T" JjN I YELLOW PAGES. YOUR BUSINESS BUILDER |~wT\ CALL 1800-296 1633 I E3 yellow pages® TBifli ma n a icbbtbb tvabomml
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      195 20 A'\N*- VvV* I Beijing. China *****4 Arthaloka Building, Ground Fir I Te .*»X».1082, Fax 5063.01 0m 2Jin, Jcntal Sudirnan i T l |y||^p e Minal kU igM Kuala vd Fir. Rm 42 Sino Industrial ■MB—Kai Cheung Road, Kowloon Bay —Tel 230: Fax 37? 305 X Finn a 7 Jalan Maluku
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      219 21 &hptohip The choice of scholars Timed for publication in midFebruary, when students awaiting their GCE results begin to enquire seriously about the scholarship opportunities available, the Scholarship Guide '94 is the ideal medium for organisations to reach aspiring scholars. The Guide enables major public and private sector organisations to advertise
      219 words
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      34 23 "I deal in cameras. And IJoiow whereto get good exposure." 10% Cft4Tf#r for It sulci.)' v sSr* •25PT aosau (S«t*V^Wi VH^^^SoKS?^?u P«r "'»*r» k;. j Call today for results tomorrow. GA.T.S. I I 737-1166
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      Page 23 Advertisements Column 2
      32 23 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead isSBSB offers k the most fr current If list o/Job mk- opportunities
      32 words
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      68 25 Up to |6% Financing WmA Easy approval payment CALLUS NOW t ||i| TAT LEE FINANCE fl 8188 Doing It Vbur Way «||||k Head Office Tel: 223 9222 Seiegie Branch Tst: 338 2097 East Coast Branch Tsl: 440 6882^^L BuMt Panjang Branch Td: *****07 Holland Branch TU: 468 3835 Geylang Branch
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      49 26 THE FIRST REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economv. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. CRED|T lyqnnaiS CITIBANK CALL CITIPHONE BANKING 1 800) 225-5225 NOT JUST Banking CIT/BANKING
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      34 27 I- TURN SHARES INTO IMMEDIATE CASH yT M //0.70%^ For information on where to buy your copy of: Her World, Go, Singapore Business, Home Decor, Young Parents call our Customer Services Section on 1800-749-2577.
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      1491 28 BROKERS 1 STOCK PICKS in Personal Finance and Investment on Saturdays BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER Of THE COMPANIES ACT. CAP. SO AND IN THE MATTER Of TAN UN ENG PTE LTD (In M»mb»n' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of
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  • Shipping Times
    • Article
      Lock icon Iraq restores two badly damaged oil tankers
      177 29 AFP BAGHDAD Iraqi technicians have restored two oil tankers gradually destroyed during two wars and a Shi'ite Muslim rebellion, the official Iraqi news agency (INA) reported last week. It said the complete restoration of the 10,000-ton vessel al-Baath and the 7,150-ton alKhalida took
      AFP  -  177 words
    • Article, Illustration
      PSA handles record 8m containers in Jan-Nov
      359 29  -  By Rahita Elias SINGAPORE The Port of Singapore Authority (PSA) has broken another record. Container throughput breached the eight-million-box mark between January and November last year. During the 11 months, the port handled a total of 8.2 million 20-foot equivalent units (TEUs) almost
      359 words
    • Article
      Lock icon US court to rule on dock worker accident case
      193 29 AP WASHINGTON The Supreme Court on Monday agreed to decide whether shipowners may be forced to pay for injuries suffered by US dock workers while unloading cargo that foreign stevedores put aboard in unsafe ways. The justices say they will use
      AP  -  193 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1102 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 Africa Container 16 3 Ahrenkiel 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
      1,102 words
    • Article
      Lock icon Kelang Container Terminal's throughput climbs 12.8pc
      364 29 MBT KUALA LUMPUR Kelang Container Terminal handled 759.251 twenty-foot equivalent units (TEUs) last year, up 12.8 per cent from 672.642 TEUs in 1992. Sources said the performance was slightly below what was forecast because of competition from the other privatised container terminal. Klang Port
      MBT  -  364 words
    • Article
      Lock icon KL offers Thai Navy use of naval base in Lumut
      400 29 MBT KUALA LUMPUR Malaysia has offered Thailand the facilities at the Naval Dockyard Sdn Bhd in Lumut for use by the Royal Thai Navy (RTN) fleet. If the RTN takes up the offer, it will join the US and France
      MBT  -  400 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        573 30 Vessel Voy Wo Berth Armil Dgrtw Vend Voy Wo Berth Anwd Departure J urate Port Agei om po4 12oi/oaoo 12.01/laoo Batara Bahagia 01,03 94 112 atonpide 1201/2300 Aung Htoel47 1/94 P01A 12.01/0900 12.01/2300 Bonrto 001 J14/1S alongs* 1201/2359 Batara Speed3 A4594* P01A 1101/2100 1101/2200 Bophuttiats«ana 17 12
        573 words
      • Article
        CONTAINER SCHEDULES
        1650 30 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookinf/Batonce Rdts Shi) Voy No Etb/Btr Period From To From to Lotus 0478 14/2000 2 U/1700 12/0659 12/0900 3 12/0700 12/1159 12/1400 4 12/1200 12/1459 12/1700 to Sow 100* 12/1500 1
        1,650 words
    • Article
      THE SHIPPING GUIDE
      12996 38 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 Singap LE6CND PN: ship calls at Penang after
      12,996 words
    • Article
      DAILY FREIGHTS
      1429 45 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,214 on Monday from 1,213 on Jan 7. The first full week of trading on the freight market started on an optimistic note for Panamax tonnage in the Atlantic and Pacific areas, brokers said. Although details
      1,429 words
    • Article, Illustration
      Lock icon Year of change for marine insurance
      950 46 1994 will probably go down in history books as a year of change for the insurance industry, though no-one is really sure what the effect of the changes will be Fairplay THE MARINE insurance industry, both on the mutual and commercial side, has spent
      Fairplay  -  950 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon US$20m pact to fund 'clean car' programme under way
        496 48 Bloomberg Business News DETROIT The Clinton Administration and the nation's Big Three automakers on Monday signed a three-year, US$2O million (SS32 million) agreement to fund the first phase of a programme to develop a new generation of fuel-efficient vehicles. The partnership,
        Bloomberg Business News  -  496 words
      • Article
        Lock icon S Korea's Kia to enter tight US car market next month
        419 48 AP DETROIT With the reversal of fortunes of the Big Three US and Japanese car makers, it would appear South Korea's Kia couldn't pick a worse time to start selling cars in the US. But after seven years of
        AP  -  419 words
      • Article
        Lock icon US carmakers plan near-record output
        319 48 Bloomberg Business News DETROIT US automakers plan to build more than 3.91 million cars and trucks in the first quarter of 1994, narrowly missing the record first-quarter output of 3.96 million in 1973, Ward's Automotive Reports said on Monday. The output includes production of cars
        Bloomberg Business News  -  319 words
      • Article, Illustration
        Lock icon Boeing, Airbus continue study on jumbo jet
        405 48 Reuter SEATTLE Boeing Co and four European aircraft makers have extended until at least March a study to determine the feasibility of building a jumbo jet capable of carrying up to 800 passengers, a Boeing spokesman said on Monday. Boeing executives met in
        Reuter  -  405 words
      • LOG BOOK
        • Article
          Lock icon Nedlloyd declines comment on unit
          87 48 Reuter AMSTERDAM Shipping and transport company Ncdllovd dcclincd comment on a newspaper report that the companv was negotiating to sell its Ncddrill unit to American firm Cliffs Drilling. "We can make no comment on that." said a spokesman on Monday. The company said late last
          Reuter  -  87 words
        • Article, Illustration
          Lock icon All set for new world record
          60 48 Reuter BAYKONUR. Kazakhistan Russian spacc team of the Sovuz-TM-18— (from left) Dr Valcry Poliakov. Commander Viktor Afanasiev and engineer Yurv Usachev on the eve of the launch of their spacecraft at Baikonur cosmodrome on Saturday. Dr Poliakov is supposed to stay in space for
          Reuter  -  60 words
        • Article
          Lock icon Burlington will not retire old engines
          88 48 Reuter FORT WORTH. Texas Burlington Northern Inc chairman and chief executive Gerald Grinstein said on Monday the company does not plan to retire its existing fleet as it brings 350 new locomotives on line. "Business has been quite good and we've been recovering from
          Reuter  -  88 words
        • Article
          Lock icon Advisers at Toyota Motor Sales USA
          87 48 AP DETROIT Yukiyasu Togo. Toyota Motor Sales USA chairman. and vice-chairman Robert McCurry have retired but will continue as advisers to the current management team. Toyota said on Monday. Mr Togo and Mr McCurry relinquished day-to-day operational control for the Japanese automaker's US operations
          AP  -  87 words
      • Article
        EVA Air launches direct Dubai flights
        205 48 SINGAPORE EVA Air, Taiwan's independent airline, has launched its first direct service to the Gulf. EVA, using new Boeing 747-400 aircraft, flies twice weekly between Taipei and Dubai in the United Arab Emirates. The Dubai service operates as part of EVA Air's TaipeiParis route,
        205 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1709 48 cny n»t et> FijM no MNi DfcaM 0K510 1800 0K511 2305 Maiatta SQ227 2030 ftaiaian RJ182 1440 RJ183 2205 AaistardaM SQ319 0810 SQ324 2230 KL831 1030 KL832 2335 GA895 1450 Auckland NZ21 1710 NZ22 1825 SQ288 2035 SQ285 2045 Bahrain GFI49 0645 B Sari Bagawan BI421
        1,709 words
      • Article
        Lock icon Air France wants to keep stake in Czech airline CSA
        432 48 Bloomberg Business News PRAGUE, Czechoslovakia Air France, responding to stories that the Czech government has offered to help it shed its stake in Czech airline CSA, said it isn't interested. "Air France wants to keep its stake in CSA," a
        Bloomberg Business News  -  432 words
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      44 29 Drager. m SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE Specifically Designed For Maritime Applications A$ lIIGII QUALITY HIGH PERFORMANCE HIGHLY AFFORDABLE SMMiKI Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
      44 words
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      Page 29 Advertisements Column 2
      28 29 Lines and services represented by Members ef the Registry ef Accredited (fffMlV Shipping Aunts, Singapore National Ship- UJWSjEfj ping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 29 Advertisements Column 3
      659 29 VISA FREIGHT SERVICES PTE LTD 1 THE TOTAL TRANSPORTATION PEOPLE j 0 1800 *****66 Marine insurance: year of change, Page 18 US plan to develop fuel-efficient vehicles under way, Back Page I SingaPort '94 I I INTERNATIONAL MARITIME EXHIBITION CONFERENCE I I 22-25 March 1994 World Trade Centre Singapore I
      659 words
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      457 30 OTSKUNE AGENCES (S) PTE. LTD. j r I 1 W wmyp Tel: 226-3363 J. •3tl\« LJUNJOr Fax: 226- 1 9 72 3 Th: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I 1 HOMaaM. MMBA t ■nwaima.r I mm» m m mm mm- m ACX LOTUS 0478 **10.01 **12.81
      457 words
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      1591 30 .PWKCT TO WMT ooiftyy MEOX < r__J^PPLjltfmPir_ll^ilB^frillMlliPMWW^y^W^ r *^^^fl^^^ i >, ,r-—■ l nm la |tm _ml. m van *xm wok bmktti mot- mum- mm—r Mrpis*r mm- un«r mm u* I CAIIfORMA MIRCURY I 51 ***** 52 I 729 2 I 112 12 I 2 92 92 172 I B»—I
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      2242 31 ?E°L CL 32 3 8 33^ D 22^ R 4 D 2 ME BH PWNG AOEMC ES pt^G^^A N T? L A ?l N 7^ E 777! ?ix 8, 5:*****42 DOCUMENTaS TEL: *****55 (INWARD)/*****90 (OUTWARD) gENANQ TEL. *****41 FAX: *****1 CFS TEL *****6 BOOKINGS TEL: *****80 *****81/ *****82 'PW TEL
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      2086 31 uamsnassm FREMANTLE, PERTH IN JUST 6 DAYS KLANG REEFER V.9363 ETA SIN 16TH JAN 94 Vessel voy ETA ETD Feeder by sl«* DESTINATIONS This THE MAtRSK v9«02 18 01 0800 MRS CFS 17/01 2359 MRS JOM LPK PEN OAK LGB SFO MEM ATI MIA CHS BAL PHI NVC TOR MARGRETHE
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      1669 32 r~~ AQABA R DAM/ lI ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE WEST MALAYSIA KIRISHIMA 02/101 12/1 29/1 1/2 30/1 Poft K elang. Penanq LUDWIGSHAFEN EXPRESS 11/301 15/1 24/1 30/1 2/2 5/2 7/2 9/2 Pasir Gudang FRANKFURT EXPRESS 71/102 19/1
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      578 32 CS3BB FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sote Foreign Forwarder in Kabul for aH 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 NED ASIA V.2493 18/1
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      Page 32 Advertisements Column 3
      952 32 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING 10 LA SPEZIA. FOS. BARCELONA. VALENCIA S PORE GENERAL A6ENT NORASIA AGENCIES (S) PTE LTD I ALSO ACCEPTMG LCL TO: TIL: *****83 FAX: *****90 VEMCE/TRKSTE/ANCONA/AIEXANMIA/POftT CR NO **********00 SAD/PfIAEUS/VALETT A/BARCELONA A VALENCIA THAILAND AGENT :PB AGENCIES CO LTD TEL: *****88/90 INDONESIA AGENT PT
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      1660 33 K STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW guinea pacific une jggHp (A service of china navigation co> C««) TS DUE SJU.S RAJAH BROOKE ¥02E Muvi Lab KK 13-14 lan IS lan 1( Jan FCL. LCL CONTAINER ANO MEAKBULK
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      Page 33 Advertisements Column 2
      2739 33 A SINGAPORE AGENT: DfiyA PAO Containers (Singapore Agencies) P«e Ltd I tVI W m_ il 11 I I B 1 I M 10 Hoe Chiang Road #07-01 Keppel Towers. Singapore 0208 w Te|; 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 fF CR Number: **********0Z EXPORT 'MPQRT w
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      548 34 ifK EKA JAYA AGENCIES TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE MVANMAH TRADE PAGER HAHOPHONE/PIBECT WM.LIAM WEI *****24 7220W/MMM2 miiM m H<? cm MMH CIT* CP HOE at 727*36/5341M4 mai chaw agnMan TO MYANMAR/YANGON BEMI CONTAINER SERVICE jgjgjjjb' M OCEANLINES iHiOl SPOtt II 15/1 22/1 30/1 YANGON
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      Page 34 Advertisements Column 2
      2005 34 H ANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****21-233 DOCUMENT TEL: *****71-275 FDD VSI ["siT LMHMI SEA M POX VSI S* jIME HAUL SAV KM KTC HANJM It HAVRE 024 C 14 1 MttCT 1/2 4/2 5/2 MAW* IE HAVRE 02« 14 1 H ROBE 04JE 17/2
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      Page 34 Advertisements Column 3
      1529 34 d-1 rl"n"3"3^T^ Ini sGf use wc uc ns wi on w* sw iro iu c« «m nc in ann km tip hbg pso cm m scr I' I CMEIKO44 11 1 1 n 1 M l a/I 31/1 1/2 1/2 4/2 i/2 5/2 17/2 2/} 4/1 5/3 15/1 It 3
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      2546 35 PLEASE CALL II 11 NEPTUNELINK 1800 *****00 (TOLL-FREE) U II SSZ I FOR THE FOLLOWING INFORMATION: HI ■I 59S I VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ M I FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ HI ■I AVAILABILITY OF DOCUMENTS FOR COLLECTION Connecting California Saturn 62E In HK6 19/01/94 II EXPORT TO: PSW/PNW SINGAPORE
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      Page 35 Advertisements Column 2
      1184 35 a I MULTILINE SHIPPING PTE LTD V (a member of SJNSOV Group) CR NO: **********0 C ENQUIRIES: *****33 7^ —BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1459 36 44 AS AGENTS "K" LHE (SINGAPORE) PTI LTD (CI No: Q*****0000M) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 i W V V MALAYSIA UNI HAIIITMI (MALAYSIA) SON BHD W* TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I INDONESIA: P.T. SAAAMA LAUT WTIANUSA. TEL: JKT *****08 It
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      Page 36 Advertisements Column 2
      1025 36 PHI Lion l( NT LINGS PT€ UP VlOB 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 14 JAN SYDNEY, MELBOURNE. BRISBANE. FREMANTLE 14 JAN AUCKLANO. WELLINGTON, LYTTLETON, NEW PLYMOUTH, NAPIER.
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      1040 37 (jgaaflgl PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I I 1 CR NO **********06 VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN cucn.,« „7, iT, MAJAPAWT 4121 16/1 19/1 23/1 EQUATOR EMERALD 33N 13/1 16/1 20/1 BUNOA TERATAI 4533 1«/1 21/1
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      Page 37 Advertisements Column 2
      1391 37 VCSSUS VOY S« HAMBURG ROTTERDAM ANTWERP THAMES It HARVt V*LE PC LYRA 7731W 13/01 05/02 07/0? M/ 02 M/ 02 10/02 Wilt PC VESTA 7431W H/01 11/02 13/02 l«/ 02 15/02 K/02 WILE K TIT ANA S33IW 27/01 18/02 21/02 22/02 23/02 24/02 ADAM ABRAHAM 7132W __03/02__ 2«/02 2«/02 28/02
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      Page 37 Advertisements Column 3
      402 37 BSA A M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI( Pen P.Gdf HPA-AN VI99W 20/23 tan 15/17 lan AVA VI27W 17/20 lan PAGAN V2OSW 26/2« lan MALAYSIA AGENTS BOUSTEAD SHPPKG AGENCES KU. Til 03 *****00 PHI: TEL 03 3UC767 PEN: TEL 04-C***** PGD
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      85 39 maritime ins^^^^orporation Nival Architects/Marine Engineers/Marine Surveyors, established in 1967, more than 20 years experience in international ships' registries. Specialise in: Ship registration under open registry countries Offshore business company formation Statutory survey and issuing of mandatory Load Line, SOLAS, MARPOL Certificates on behalf of the Governments of several open registries
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      2682 40 rrvonrv LUjLU SINGAPORE'S GENEAAL AGENTS Malaysia's agents COSTA* SHIPPING Pit LTD Ckmg Cfcaa StaffMf M 6M PA\TT A TTV TT7 Tl 2 Matri ffaatf, WHO BUg *15-00 MmLmt: PtrtKtUmg 36$ 8I PG I f IN I A Nrk SktmnW K—tajjHQpir— 13-241 «1< V/V/l 1 A Cff NO: U*****000M Paoaaf —«2
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      627 41 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 17/1 ROTTERDAM 17/1 AARHUS/COPENHAGEN 17/1 HAMBURG/BREMEN 17/1 MARSEILLE/FRANCE 18/1 FELIXSTOWE/UK 17/1 BARCELONA/SPAIN 1771 LEHAVRE/FRANCE 17/1 GENOA/ITALY 1471 ANTWERP/BELGIUM 17/1 LOS ANGELES/WC/PI 16/1 SYDNEY/MELBOURNE 14/1 NEW YORK/EC T771 FREMANTLE/ADELAIDE 16/1 VANCOUVER 17/1 BRISBANE
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      1029 41 i- ggggg. —ipim^^^Qii^^m I vt,ltL *1 |VESSEL VOY SIN PEN 1H wana bhum 210s w«d 12/1 tat 15/1 4509 Fn U/1 —siiTisn" B VESS£L _?°I CHAIYA BHUM 34S Fn_ _U/1_ Jt/1_ THANA BHUM l 7* FrT 14/1 Son It/1 B MAMA HUM 112N Wad In PI Sal IS/1 HATHA BHUM
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      Page 41 Advertisements Column 3
      687 41 Guaranteed Sailings to: BANGKOK "LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: VSA, El ROPE, CHINA AND ALL DESTINATIONS TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) l}j£\ ETHIOPIAN SHIPPING LINES (National Lines ot Ethiopia) ACCEPTING
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      1979 42 ■LABMN CONTAINER LINES ~|\=/V ~H A 8 ent#: MAC-NELS SPORE: *****22 (24 LINES) V C/R No: **********06 SIBU (064) *****9 KUCHINQ (062) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HKG/TWN/BKK I GENOfI/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN
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      Page 42 Advertisements Column 2
      1058 42 f P THONG SOON LINES PTE LTD 1 I /W\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I I V 227-5088 FAX: 227-6011 I RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOT SPORE PEST VESSEL VOY SPORE IpEST EQUATOR JADE 100/4E 15 JAN KUCHING EQUATOR
      1,058 words
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      739 43 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTWG BREAKBUK SOC CARGOES 10 FROM KOK. YOKOHAMA. NAGOTA MOD TOKYO'. MANIA-. DA*»O Pen an j 3 P Kelaflj Singapore E'Msia* IVYEVERETT V7E 21/22 Jan KARABIEVERETT VISE 27/28 lan 29/30 Jan 02/03 Feb KAMALEVERETT VI9E 12/13 Feb 14/15 Feb ACCtPTMC BREAKBUK FCI SOC
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      Page 43 Advertisements Column 2
      404 43 ISL 6LOBV BSBTB GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES" CR NO: **********0W SP PKL PNG KAO GLORY SELATAN VI 29/1 1/2 7/2 16/1 GLORY SELATAN IX 24/1 27/1 2/2 10/1 SP PKL HCM HK KAO GLORY SELATAN VII 2/1 4/1
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      Page 43 Advertisements Column 3
      559 43 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEI VOT 5 KAAACH HTPERABAD 12VHW 13/01 22/01 SARGOOHA 139 HW ?t/01 04/0? KACHAN 106HW 12/02 22/02 MAKRAN 14SHW 01/03 13/03 FAR EAST CONTAINER SERVICE ONLY vessel vor sw mc bsm "osa"" nag ton KAGHAH 105QW 17/01 21/01 25/01 27/01 2S/01
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      505 43 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO DURBAN/ P. ELIZABETH VESSEL SIN DURBAN P ELIZABETH JIAN HE/80 2«/Ol 09/02 27/02 HUIHE/102 11/02 24/02 14/03 VI HE/96 26/02 09/02 27/02 ACCEPTS CARGO TO lOHANNESBURG PRETORIA VIA DURBAN BOOKING AGENT FOR COSCO SIN TO MADRAS VESSEL SIN MOS SIN SEA DRAGON V SDRI2W
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      Page 43 Advertisements Column 5
      236 43 SIN FAR EAST 18/01 KEELUNG/KAOHSIUNG 15/01 BANGKOK 16/01 MANILA/CEBU 16/01 JAKARTA/BELAWAN/SURABAYA 17/01 PORT KELANG/PENANG/E MALAYSIA 16/01 BUSAN 16/01 TOKYO/YOKO/KOBE/NGO/OSA 16/01 HONG KONG S!N CHINA (*lS#±#*n) 16/01 GUANGZHOU/HUANGPU SHENZHEN FUZHOU/XIAMENSHANTOU SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCI cargo Si EUROPE/UK 18/01 LDN/FLX/LVP/SOU 18/01 RDM HAM ANT/LEH; GOA/OSL/GOT/BCN also accepting cargo to Austria/
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      739 44 HONG KONG/CHINA 16/01/94 JAKARTA 15/01/94 BANGKOK 15/01/94 MANILA 16/01/94 BUSAN 16/01/94 KEELUNG 18/01/94 TOKYO/KOBE 16/01/94 KAOSHIUNG 15/01/94 PORT KELANG/PENAN6 17/01/94 YOKOHAMA 16/01/94 COLOMBO 17/01 FELIXSTOWE/HAMBURG 17/01/94 > MADRAS 20/01 ROTTERDAM/LE HARVE/ANTWERP 17/01/94 I BOMBAY/KARACHI 17/01 BARCELONA. MARSEILLES. GENOA 14/01/94 CHITTAGONG 16/01 lax/nyc 16/01/94 sydney/melbourne 13/01/94 CHIT LINER EXPRESS AGENCIES PTE
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      389 44 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 15TH JANUARY ACCEPTING TO ALL NEW ZEALAND PORTS PENANG 14 JAN JAKARTA 16 JAN PORT KLAN6 20 JAN RANGKOK 16 JAN HONGKONG 16 JAN MILROURNE 20 JAN SYDNEY 20 JAN FREMANTLE 16 JAN ADELAIDE 20 JAN 15 JAN I 'ACCEPTING TO ALL
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      Page 44 Advertisements Column 3
      472 44 This Week's Sailings Singapore I To: ETD To: ETD "^ia^warded Singapore Singapore iso 9002 BY lrqa EVERY EVERY Bangkok SUN Jakarta SUN FVFRY FVFRY I L w\ Manila SUN Ho Chi Minh FRI p/BVsl EVERY EVERY WSSd Colombo TUE Limassol THUR L"g-l| INTERNATIONAL SEA FREIGHT FORWAXDMG Tel- Fax AM> LOGCIICS
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      Page 44 Advertisements Column 4
      113 44 NIPPON EXPRESS Arrow International (Worldwide Consolidation System) WEEKLY TO: TOKYO/YOKOHAMA/NAGOYA/KAOSHIUNG/ HONG KONG/BANGKOK/KEELUNG/KOBE/ LOS ANGELES (LONG BEACHVNEW YORK/ CHICAGO/SYDNEY/MELBOURNE/HAMBURG/ FELIXSTOWE/ROTTERDAM/DUSSELDORF WE ALSO DEAL IN FCL CARGO WORLDWIDE ARROW EXPRESS (SERVICE TO MALAYSIA) MALAYSIA TRUCK CONSOLIDATION Depart Singapore DAILY to K.L. BANGI. SHAH ALAM ARROW EXPRESS BONDED CONSOLIDATION Depart Singapore every TUESDAY
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      1181 45 I CRYSTAL FREIGHT SERVICES PTE LTD H TEL NO: *****80/*****88 JTft FAX: *****88 3^ UUMHKIt I WTIBUJUW/MtTUU*I HMR BAWftKnK ifi/1 AUCKLAND 15/1 ANTWERP 17/1 BnQAN 17/1 ADELAIDE 20/1 FELIXSTOWE 15/1 SnwßKONfi IS/1 BRISBANE 17/1 HAMBURG 17/1 VAKARTA 1«/1 FREMANTLE 14/1 ROTTERDAM 17/1 qiJRARAYA 8/1 MELBOURNE 20/1 KEELUNG I!!! SYDNEY 20/1
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      Page 45 Advertisements Column 2
      189 45 CEYLON SHIPPING CORPN Notional Line of Sri Lanka FULL CONTAINER SERVICE 55 WT S» CTO IW 08T CCU WMWM ftHCESS >401 3 12/01 17/11 HQMSU sun >402 3 10/01 24/01 WUE Lfl»» 7731W 12/01 2«/01 23/11 20/01 mi 01 ttSU 7431W 11/*****/011 30/11 02/02 wut mww bb 2t/oi 30/01 07/02
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      Page 45 Advertisements Column 3
      262 45 C CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.22 PORTS VOY MONTEVIDEO BUENOS DURBAN JAKARTA SJNOAPOReI MOWC KONOI KAOOSHMA YOKOHAMA VESSELS AWES*.' PAWOOWAO EBOS MUD SAILED SAAED 10-11/01 07-08/01 17/01 21-29/01 81/01 PETROOVORETS EBO6 SAAED SAAED 11/01 T/S S pore 26/01 31/01 06-08/02 14-18/02 DEKABRIST EBO7 30/01 22/02 08 16/03 20/03
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      173 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 2.6 2.5 2.2 1.8 1.4 1.2 1.2 1.3 1.7 2.4 3.0 3.2 3.1 2.S 2.3 1.7 1.1 0.7 0.5
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      122 45 TODAY'S WEATHER AND SEA CONDITIONS LEGEND R Thunderstorm Temperature c y Shower Weather Wnd dvectxxi wrth speed *1 knots ee Rom vJ Cloudy Sky Wove Wece —wh ore mteated by arrows -tuck My ..tk tfce One tul orcle represents calm or k** and vanob4e wrxts One ha* Heche represents 5
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      368 46 _M_ VIGOUR PACIFIC LINES I VESSEL VOYAGE SINGAPORE MANILA VIGOUR PACIFIC 9403N 14/01/94 22/01/94 VIGOUR PACIFIC 9403 AN 17/01/94 22/Ql/94 W* o VIGOUR SINGAPORE 9404N 21/01/94 29/01/94 FKD T MWWAT VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE VIGOUR PACIFIC 9403N 14/01/94 16/01/94 17/01/94 PENANG JAYA 827 17/01/94 18/01/94 20/01/94 VIGOUR
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      Page 46 Advertisements Column 2
      490 46 ®APPENSHIP /9\ HAMBURG VTVy CONVENTIONAL INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASIA AND FAR EAST VESSELS LOADING PORTS DISCHARGE/LOADING FOR LORELEY PORT SAID 29.12.93 SPORE 22/1 BKK 23/1 FORUM WIND PORT SAID 1.1.94 SPORE 19/1 BKK 24/1 RIMBA MERANTI SPORE 20/1 KOALA CONTAINER LINE STORE FIX HAM ROT LEH
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      299 46 I cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/01 Rotterdam/ Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G. LOADING FOR: A VESSEL 15/12 20/12 Huangpu/Guangihou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDtTERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above
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      993 47 I HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 VESSELS VOY PNA PKE P6D VESSELS VOY ISW I RTM MIT* LEH* HAM Bttt FEL I HMM ADVANCE 035 A 10/01 11/01 13/01 H. EXPLORER 309W 17/01 04/02 04/02 05/02 06/02 06/02 08/02 NOR MALACCA 9403 A 17/01
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      Page 47 Advertisements Column 2
      441 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HSSU NT SP PI KK II CtSMK nOKII IM 21 1 M l mill *23 27/1 21 1 t(N SDN IM 24/1 OUTBOUND VESSELS LOHDMC FPU TKY/SEM/HAC COSMIC PIONEER V 34 SIN 28/1 PK 31/1 IMLintermaritime SOUTHERN AFRICA SERVICE
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      Page 47 Advertisements Column 3
      857 47 JEDDAH/UK/CONTNENT [STOK U STON ITBURG ITMM LEH *Mm Ikceptnf C»(o F« ItfMIGSMAFIN (IPHtSS 11/301 IS/1 24/1 2/2 7/2 S/2 9/2 to jl UK dnhniban Mast we Oubfc FRANKFIMI EXPHSS 71/102 20/1 S/2 1/2 10/2 fetltnbm to j| bitwap hreterdan. Oslo HtMi UKMUSfN lIPKSS 14/302 22/1 31/1 9/2 12/2 14/2 lt/2
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