The Business Times, 19 October 1994

Microfilm: NL19583
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday October 19 1994 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow down 18.8 points
      60 1 Reuter NEW YORK Blue-chip stocks Tell at midsession yesterday on persistent concerns over the weak dollar. At Ipm EDT in the broader market, declining issues led advances 12-7 on moderate volume of 151 million shares on the New York Stock Exchange. At 2pm EDT, the Dow
      Reuter  -  60 words
    • Article
      Lock icon Rate rises have curbed inflation: Fed official
      38 1 Bloomberg BOSTON The Federal Reserve's five moves to raise short-term interest rates this year have been effective in curbing inflation, Kathy Minehan, the Boston Federal Reserve Bank president, said yesterday. Bloomberg
      Bloomberg  -  38 words
  • Article
    MARKET SUMMARY
    161 1 Stock nrfctt indte— Tuesday Change STII 2,383.98 -3.59 KLSEComp 1,118.74 -7.38 Nikkei 19,992.40 34.11 Hang Seng 9,418.57 -37.37 SET Index 1,501.66 -7.81 Jakarta Comp 510.63 -0.70 CLSA China B unav Aust All Ord 2,003.4 -10.8 FTSE 100 3,085.3 -34.9 Tuesday Previous 2pm EDT clow Dow Jones 3,905.09 3,923.93
    161 words
  • Article
    MAS imposes curbs on credit card promotions
    588 1  -  By Shiv Taneja SINGAPORE The Monetary Authority of Singapore has told banks they will not be allowed to include gifts, special discounts and incentive schemes that promote consumer spending as part of their credit card advertising campaigns a move bankers said could result
    588 words
  • Article
    Lock icon Tokyo exchange to woo Asian firms by easing listing rules
    391 1 Reuter TOKYO The Tokyo Stock Exchange (TSE) will substantially relax listing requirements for foreign companies, perhaps by the end of the year, to try to lure Asian firms to trade their shares here, TSE president Mitsuhide Yamaguchi said yesterday. "We
    Reuter  -  391 words
  • Article
    Correction
    76 1 1N OUR page 1 story yesterday, "Foreigners bought 21% of new private homes in the second qtr", we erred in saying that the URA's quarterly survey included sub-sales meaning subsequent sales after properties have been bought from developers. The first two URA surveys, covering the first and second quarters
    76 words
  • Article
    Profit-taking, talk of central bank intervention boost US$
    284 1 SINGAPORE The US dollar rose against major currencies during Asian trading yesterday on profit-taking and talk of possible intervention by central banks. The US dollar rose 56 basis points to 1.5053 deutschemarks and by 0.28 yen to 97.99 yen yesterday as traders
    284 words
  • Article
    Lock icon Solomons PM sacked after mass desertions from his government
    323 1 Reuter HONIARA, Solomon Islands, Prime Minister Francis Hilly Billy, who took a tough stand against alleged exploitation by Malaysian logging firms earlier this year, was sacked by the governor-general after mass desertions from his government, including some of his ministers. Political
    Reuter  -  323 words
  • Article
    White Paper benchmarking top civil servants' pay out soon: PM Goh
    439 1  -  From Walton Morais in PARIS A WHITE PAPER to benchmark the salaries of top civil servants to private-sector salaries will be out soon. Prime Minister Goh Chok Tong told a leading French daily in an interview in Singapore. Mr
    439 words
  • Article, Illustration
    OCBC goes ahead with 15-storey office building — after 10 years
    283 1  - OCBC goes ahead with 15-storey office building after 10 years By Lilian Ang SINGAPORE The OCBC group is finally going ahead with a plan to put up an office building in Phillip Street more than a decade after the project was mooted. The 15-storey building, to be called OCBC Centre
    283 words
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      116 1 o I Centrepoint #01-30 Tel: 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 S pore New 2 Financial 23.24 ftapral News. 3.4,5,7 World New 8.8 Marlwte Fmlutm Ctob/KLSE, SES 28-32 Edttral 15 fe»o«Ml -26 SfMfe 12. 13 World 26 TV/lifestyte 15 Currenc« 24 17 Stmej/Commo .24,25 Tel 180&*****77 Fax
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      26 1 Regional Analysis:pg n The WTO's challenge Asia water supply moving towards private hands, Pg 3 Comfort Group to take 20% stake in Stamford Tyres, Pg 19
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      Page 1 Advertisements Column 3
      19 1 Hock Lock Siew: Pg 19 Jardine rumour makes sense Eye oh the Economy: Hefty rise against L'SS, Pg 2
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      Page 1 Advertisements Column 4
      183 1 Bottom Line: Pg is N The Major dilemnv&r /1 v B H t a v/jb 1 I I #02-55/56/59 Wisma Atria Tel: 235 5325 #01 -25 Paragon By Sogo Tel: 732 2556 TAS lAnd I did! It was quite simple, actually. All I did was install the Canon Fax-T2O at
      183 words
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      Page 1 Advertisements Column 5
      7 1 Don't blame woes on Asia, Pg 18
      7 words
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  • SINGAPORE NEWS
    • Eye on the Economy
      • Article, Illustration
        Lock icon Analysts see hefty rise against US$
        341 2  -  By Ven Sreenivasan THE Singapore dollar is likely to rise by between between 3 per cent and 6 per cent against the US dollar by the end of 1995, investment houses Crosby Seeurities and Merrill Lynch say. This could result in an exchange rate
        Source: Dept of Statistics and Crosby Securities  -  341 words
    • Article, Illustration
      Lock icon US$700m undersea cable links 3 continents with optical fibre
      336 2  -  Network spans 13 countries in S-E Asia. Middle East and Western Europe By Genevieve Cua THE world's longest undersea optical fibre cable system costing US$7OO million (551.03 billion) was inaugurated yesterday in a videoconferencing ceremony linking four top officials from telecommunications
      Photo by Alphonso Chan of The Straits Times  -  336 words
    • Article
      Former chairman says he cannot reconcile comments
      383 2  -  The Pacific Can case By Ramesh Divyanathan THE former chairman of Pacific Can Investments Holdings, Edward Goh Kim Hai, told the High Court yesterday that he could not reconcile what he said earlier in court with a December 1991 newspaper report. Mr Goh,
      383 words
    • Article
      Asian telecom firms set to buy US$20m of pager equipment
      333 2 UP TO three Asian telecommunications companies are negotiating to buy a total of roughly US$2O million (5529.6 million) worth of paging infrastructure equipment using Motorola's new paging protocol Rex. In a briefing in Singapore on the advanced, high-speed protocol yesterday,
      333 words
    • Article
      Consortium designs hi-tech Smart Homes for S'pore condos
      338 2  -  By Lee Wai Leong A HIGH-TECH apartment block with its own data centre, plus centralised education, entertainment and communication services at the touch of a computer keyboard all this may soon be available for Singaporean high-rise residents. A consortium of five computer
      338 words
    • Article
      Singapore ratifies pact to set up world trade body
      179 2 SINGAPORE yesterday told the Gatt Secretariat that it has ratified the World Trade Organisation Agreement, the Ministry of Trade and Industry said. The agreement was ratified by the Minister of Trade and Industry, Yeo Cheow Tong, on Oct 14. It will
      179 words
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      Page 2 Advertisements Column 1
      166 2 I ltd es ta<e JjPH If your agent sounds like this, it is time you call me. I specialise only in selling private properties. I have a track record of transactions even the big boys will be proud of. It does not cost you anything T to see me. Just
      166 words
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      Page 2 Advertisements Column 2
      74 2 S§sv FOR SALE BY PRIVATE TREATY MAJOR HOLDING OF 111 ha* 25 MINUTES FROM MELBOURNE CBD •10 minutes to Melbourne Airport Future development potential (STCA) One of largest parcels of land available within easy Price $A 2.75 million 'approx reach of CBD Jim Williams Grand principal residence plus renovated manager
      74 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon Ling blames French firm for KL airport fire
      222 3 AFP Bernama KUALA LUMPUR Malaysia's transport minister yesterday rejected opposition taunts of incompetence and blamed a French supplier for a fire that knocked out a radar at Subang International Airport in August. "The radar was supplied, installed and maintained by the French,
      AFP; Bernama  -  222 words
    • Article
      Asia water supply moving towards private hands
      436 3  -  World Infrastructure Forum Reports by S N Vasuki in JAKARTA WATER SUPPLY and sanitation long the preserve of the public sector in Asia is gradually moving to private hands. Financially strapped governments such as Indonesia, India and Vietnam are deregulating the sector to
      436 words
    • Article
      World Bank leads way for US$1b private sector infrastructure fund
      269 3 MULTILATERAL institutions led by the World Bank and the Philippine government are establishing a US$l billion (551.48 billion) fund aimed at accelerating private sector investments in infrastructure. The fund tentatively named the Private Sector Infrastructure Development Fund is expected to
      269 words
    • Article, Illustration
      Lock icon Anwar says Budget will benefit investors
      380 3 AFP Bernama KUALA LUMPUR Malaysian Deputy Prime Minister Anwar Ibrahim said yesterday that Malaysia's 1995 Budget will be good for domestic and foreign investors, as he quickly sought to boost sentriment dented by earlier indications of a tough Budget. Mr Anwar said last night
      AFP; Bernama  -  380 words
    • NOTE BOOK
      • Article
        Lock icon Indon soldiers tried for desecrating church
        88 3 Reuter JAKARTA An Indonesian military court is trying two soldiers on charges of desecrating a church in East Timor and is likely to dismiss them from the army, a military spokesman said yesterday. Laedan Simbolon said the two privates, Bahkrul Ulun and Nurcahyo Wahyudi,
        Reuter  -  88 words
      • Article
        Lock icon Indonesia cuts paper import tariffs
        113 3 Reuter JAKARTA Indonesia has cut import tariffs and certain additional tariffs (BMT) on various types of paper in an effort to guarantee a constant supply of paper in the country. The Finance Ministry, in a statement made available to Reuters yesterday, said that import tariffs
        Reuter  -  113 words
      • Article
        Lock icon M$61m Senai development project
        66 3 Bernama JOHOR BARU The Johor State Economic Development Corporation will undertake a mammoth M 561.24 million (5534.9 million) development project in Senai near here on a joint-ven-ture basis. The "Panca Pesona" project will be developed by JSEDC subsidiaries Total Project Management Sdn Bhd and JSEDC Technopark
        Bernama  -  66 words
      • Article
        Lock icon IMF accused of unfair restrictions
        59 3 AP KUALA LUMPUR A Cabinet minister accused the International Monetary Fund yesterday of imposing unfair restrictions on developing countries' export credit programmes, and suggested Malaysia might quit the organisation. Primary Industries Minister Lim Keng Yaik said the IMF has not questioned developed countries' programs similar
        AP  -  59 words
    • Article
      Lock icon Sitt Tatt stake represents Sabah govt's interest: Anwar
      204 3 Bernama KOTA KINABALU Malaysian Deputy Prime Minister Anwar Ibrahim said yesterday that the Sabah state government's purchase of shares in Sitt Tatt Bhd was not in anyone's personal name but represented the interest of the state government. The purchase agreement was signed
      Bernama  -  204 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      73 3 940 Chances are your company owes its success more to its lions than to its lambs. So it's definitely in your interests to make sure these people are well protected. And for this very reason perhaps, businesses choose the Volvo Because with its unique safety cage, incorporating our Side Impact
      73 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Beijing faces crisis with inflation up at 27%
      364 4 Bloomberg Business News BKIJING The government said yesterday the annual inflation rate climbed to 27.4 per cent in September, a clear sign that China has not managed to rein in galloping price increases it considers potentially dangerous. That figure, from the State
      Bloomberg Business News  -  364 words
    • Article, Illustration
      Lock icon Shanghai's tallest
      53 4 AFP SHANGHAI A worker adjusting fittings on Shanghai's newest building, the Dong Fang Ming Zhu (Pearl of the Orient), over the weekend, l his new addition to the city's rising skyline is its tallest, and according to the builders, also ranks as the third tallest telecommunications tower in
      AFP  -  53 words
    • Article
      Lock icon Gap between China's rich and poor grows
      130 4 Bloomberg Business News BEIJING Chinese city dwellers' spending on entertainment and luxury goods rose sharply last year, but the gap between the urban rich and rural poor grew, the official China Daily reported yesterday. A nationwide survey by the China Consumer Association found
      Bloomberg Business News  -  130 words
    • Article
      Lock icon Work begins on two reactors at China nuclear plant
      269 4 Reuter BEIJING Construction of two new 600 megawatt reactors has begun at China's homedesigned nuclear power station at Qinshan. the official People's Daily said yesterday. Preliminary studies of the Jiangsu province site's geology, hydrology and environment are well advanced and 2.5
      Reuter  -  269 words
    • CHINA WATCH
      • Article
        Lock icon Food-maker poisoned 84 children
        79 4 AFP SHANGHAI A food maker seeking quick profits added detergent to a breakfast staple, poisoning 84 school children in nearby Jiangsu province, the Liberation daily reported yesterday. The food maker, identified only as Ding, was fined 5,000 yuan (SSBSO) by the sanitation and anti-epidemic department for
        AFP  -  79 words
      • Article
        Lock icon Taiwan plans optical fibre network
        68 4 AFP TAIPEI Taiwan is to spend US$lO billion (5514.7 billion) on an islandwide optical fibre network, the United Daily Ne*s said yesterday. Hsia Han-min, a minister without portfolio, said the money would be spent over 10 years as part of the national information infrastructure project,
        AFP  -  68 words
      • Article
        Lock icon China machinery sales up 14%
        70 4 AFP BEIJING Machinery sales in China hit 297 billion yuan (5550.5 billion) in the first three quarters of this year, up 14.2 per cent from the same period in 1993, the official China Daily reported yesterday. The sector's output, however, grew just 8.9 per cent
        AFP  -  70 words
    • Article
      Lock icon Beijing urged to support Asia-Pacific stability
      481 5 Moderate China's future path, US defence secretary tells military leaders Reuter BEIJING US Defence Secretary William Perry urged China's rising military leaders yesterday to buttress growing political stability and booming prosperity in the Asia-Pacific region, and changing US-Chi-nese relations. In a speech at China's
      Reuter  -  481 words
    • Article, Illustration
      Lock icon Beauty business looking good
      55 5 Reuter BEIJING Women workers at the Number Three Dally Necessities Factory filling jars with face cream that will retail at three yuan (50 Singapore cents) each. China's cosmetics business has grown at an average 25 per cent a year since 1984. Sales this year will total
      Reuter  -  55 words
    • Article
      Lock icon Hongkong office prices to keep pace with inflation
      207 5 Bloomberg Business News HONGKONG The price of prime office space in Hongkong's central business district will at least keep pace with inflation in the near future, real estate agency Vigers Hong Kong predicted. Inflation in Hongkong has been running at a year-on-year
      Bloomberg Business News  -  207 words
    • Article
      Lock icon Police foil US$10b fraud on Chinese bank
      463 5 AP LONDON An international police operation led by Scotland Yard has foiled an attempt to defraud a leading Chinese bank of US$lO billion (S$ 14.7 billion), the Financial Times reported yesterday. Quoting an unnamed official with knowledge of the case, Britain's leading business
      AP  -  463 words
    • Article
      Lock icon Taiwan ruling party to bid for Indonesian power project
      167 5 Reuter TAIPEI Taiwan's ruling Nationalist Party will join th(ee foreign groups in bidding for the construction of four 25 megawatts coal-fired power plants costing US$lOO million (Ssl47 million) in Kalimantan, Indonesia. Central Investment Holding Co, fully-owned by the Nationalists, will cooperate
      Reuter  -  167 words
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      55 4 SPAUIDING HAWI I 1»- i 'fn m•' t r W" j^o» r +J J^^^hOOOIMKO^KKjOIOI^^K^ f a jWKKKxk/qKHwTOv^Bp j» fifcr' iBBPCiQOtMi/OOOQfMwi^^^^^^ j^^BmßflftjHKifOQfrtyLjOTjrj'fl^Br Euroßonus member P.C. Yeo. Managing Director, Yeochem X«f The Businessman's Airline 'conditions apply EVERY EVENING TO MORE THAN 80 EUROPEAN CITIES. BUSINESS CLASS 554.300\ CONTACT YOUR TRAVEL AGENT OR
      55 words
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      Page 4 Advertisements Column 2
      58 4 To be auctioned on 2nd November 1994 at 11 00am WST EXCEPTIONAL DEVELOPMENT SITE CORNER CARR FITZGERALD STREETS. WEST PERTH, WESTERN AUSTRALIA To be auctioned in two parcels: Parcel One: 3,896m2 with Fitzgerald Street frontage. Parcel Two: 4,710m2 with Carr Street frontage. For further Information contact: Singapore Office Mr Philip
      58 words
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      380 5 The members the Comex the 518 m below the H surface the Mediterranean. During this eight-day mission, they relied on an extraordinary time- -ah^H^^H piece: the Rolex Sea-Dweller. K® n Tjl Part of what makes a Rolex Oyster so dependable is the design -Hr^ J case, which is j a
      380 words
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      210 6 ■P^' tt B' I v?.v Ijffl ■Tw B B B, v I rr* -*>>5 B BI mßm y 9 IB '^B^HBB B B fr n sfl?/ f W V m ,<k* jm 1 f D 8* 1 II 9.wl B^l I Hf' I E 1 Ik k B B Kl
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  • REST OF ASIA
    • Article
      Lock icon Aussie shoppers' buying spree raises pressure for rate rise
      406 7 Bloomberg Business News AFP SYDNEY Australian shoppers are on a buying spree that will add to pressure for an official interest rate hike to rein in one of the industrialised world's fastest-growing economies, analysts said yesterday. Economists said official data released
      Bloomberg Business News; AFP  -  406 words
    • Article, Illustration
      Lock icon Keating unveils A$250m package for the arts
      314 7 AFP SYDNEY A AS2SO million (***** million) plan to promote Australia's cultural and artistic future and protect it from unwelcome overseas influences was unveiled yesterday by Prime Minister Paul Keating. Among its contents are As 73 million in funding for the production of
      AFP; Reuter  -  314 words
    • Article
      Lock icon Seoul hails US pact with North Korea, pledges to improve ties
      236 7 Reuter SEOUL South Korea, hailing a US-North Korean agreement in Geneva as a move towards ending Pyongyang's suspected nuclear arms development, said yesterday it would take steps to improve ties with the North. "The Geneva agreement has laid the
      Reuter  -  236 words
    • Article
      Lock icon Japanese group eyes 75b yen power project in India
      246 7 AFP TOKYO A consortium of 15 Japanese firms has proposed a joint venture project to build two power stations in India worth about 75 billion yen (SSl.l billion). Marubeni and Toshiba officials said yesterday that the proposal for constructing two 250-megawatt
      AFP  -  246 words
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      Page 7 Advertisements Column 1
      212 7 If you think the Germans are fussy about their cars, YOU SHOULD SEE HOW THEY TREAT THEIR PLANES. Jn the automotive industry, the world acknowledges Germany s technical and from Airbus Industries or Boeing that touches down in South Africa. We also are contracted to do all maintenance engineering prowess.
      212 words
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      Page 7 Advertisements Column 2
      184 7 HOTEL FOR SAI£ APOLLO, CHARLESTOWN NEWCASTLE'S HKSHEST RAnNG HOTEL UGH RETURN MAJOR CONFERENCE VENUE For Sale with option to purchase 1.575h.a. vacant land Apollo Chorlestawn is Newcastle's highest rating hotel and recognised nationally as a motor Newcastle conference venue with 50 rooms offering a luxury boutique standard The hotel is
      184 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon World conference on trade efficiency
        95 8 AP COLUMBUS, Ohio Representatives of 130 countries on Monday opened a United Nations-affiliated conference aimed at finding ways to smooth out obstacles; standing in the way of global trade. The World Summit on Trade Efficiency's delegates were scheduled to break into groups yesterday to start
        AP  -  95 words
      • Article
        Lock icon Japan waiting to give aid to S Africa
        115 8 Reuter JOHANNESBURG Japan, one of the worjd's leading donor countries, is battling to pass on a US$l.3 billion (SSI.9 billion) aid bonanza to post-apartheid South Africa. Japan's ambassador Katsumi Sezaki said he had been waiting three months for an official response to
        Reuter  -  115 words
      • Article
        Lock icon AFP employees go on 24-hour strike
        100 8 AP PARIS Employees at France's news agency went on a 24-hour strike on Monday as walkouts at the state-owned radio network dragged on for a sixth day. The job action at Agence France Press, which began at 2pm (1300 GMT), resulted from the company's
        AP  -  100 words
      • Article
        Lock icon Dutch insider trader gets jail
        69 8 AFP AMSTERDAM The Amsterdam court of appeals handed down its first conviction on Monday in an insider trading case, sentencing a Dutch businessman to six months in prison. Joep van den Nieuwenhuyzen was also ordered to pay a fine of 100,000 guilders (S$87,000). Three months
        AFP  -  69 words
      • Article
        Lock icon Nigerian finance minister sacked
        72 8 Reuter LAGOS Nigeria's military ruler Sani Abacha sacked his finance minister Kalu Idika Kalu on Monday, state television said. It quoted an official statement as saying that arrangements had been made to cover Mr Kalu's responsibilities but gave no further details. The television report also gave
        Reuter  -  72 words
      • Article
        Lock icon Taxes in Italy may be raised
        98 8 Reuter ROME Prime Minister Silvio Berlusconi yesterday said tax increases could be needed if the government were forced to weaken planned Budget cuts in pensions and health, and could find no other way to plug the deficit. "If the state Budget shows cracks, it
        Reuter  -  98 words
    • Article, Illustration
      Lock icon Kantor expects flat-glass pact with Japan by Oct deadline
      502 8 Bloomberg Business News WASHINGTON US Trade Representative Mickey Kantor expects the US and Japan to reach an agreement on opening Japan's flat-glass market by the deadline, Oct 31. "There is still a way to go." Mr Kantor said on Monday. "We're
      Bloomberg Business News  -  502 words
    • Article
      Lock icon Mexico opens doors to 46 foreign institutions
      428 8 NYT MEXICO CITY Taking the final step to open Mexico's financial markets to the world, the Mexican government said on Monday night that it would allow 46 foreign banks, securities firms and insurance companies to begin operations in the country. The minister of
      NYT  -  428 words
    • Article
      Lock icon Yeltsin names little-known woman central bank chief
      274 8 Reuter AFP MOSCOW President Boris Yeltsin put a woman at the helm of Russia's financial world yesterday by naming a little-known deputy head of the Russian Central Bank as the institution's acting chairman. A central bank spokesman said Tatyana Paramonova, 44, had "the
      Reuter; AFP  -  274 words
    • Article
      Lock icon Arrest warrant out for Spanish financier
      246 8 NYT MADRID An arrest warrant was issued on Monday for Javier dc la Rosa, the Barcelo-na-based financier who in the 1980s became a symbol of the then booming Spanish economy as he orchestrated a major investment drive by the Kuwait Investment Office (KIO) into
      NYT  -  246 words
    • Article
      Lock icon US companies making more overseas business trips: survey
      430 9 Bloomberg Business News NEW YORK US companies are spending 30 per cent more on international business travel than they did two years ago, according to a survey by American Express Co's Travel Related Services unit. The survey showed that US corporations arc
      Bloomberg Business News  -  430 words
    • Article
      Lock icon Canadian finance minister stresses need to cut spending
      267 9 Reuter OTTAWA Canadian Finance Minister Paul Martin on Monday re-emphasised the need to cut spending, telling Parliament in a key speech that better growth alone would not let the government reach its deficit reduction targets. "You can't grow yourself out of this
      Reuter  -  267 words
    • Article
      Lock icon US investigates banana sellers' charges of unfair EU trade rules
      262 9 AP Bloomberg Business News WASHINGTON The Clinton administration launched an investigation on Monday into allegations by US banana companies that their produce was being unfairly barred from European markets. US Trade Representative Mickey Kantor announced the beginning of an inquiry
      AP; Bloomberg Business News  -  262 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      118 8 K|Sgjfl£j Q A. wj&i- Omega Seamaster. Self-winding chronometer. Stainless steel, MPT water-resistant to 20 m/ 400 ft. Swiss made since 1848. M ft 1 mW jflk M .W qm rv fcife A A MJ i *""1) M 2 fir h||' m MM :fP "y ,3 .iJBr n *Br*lPP At 21
      118 words
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      151 9 BY PUBLIC TENDER ,f)ON H n O -> a <5\ j|s S|l «s5 as |f*" Volume 1901 Folio 119 t^ 3 "V-BSfii Volume 1900 Folio 380 Quality Office J Site Area 3,2585qm Building of 16,8645qm '|J||jj Presently 84% Frontage to leased St Georges Terrace ijfl Net annual income and Hay
      151 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Kohl scores a point for stability, and allies are reassured
      861 10 The German elections NYT MUNICH The boring campaign ended in a down-to-the-wire finale, and the status quo won. Chancellor Helmut Kohl has beaten his Social Democratic rival Rudolf Scharping. But more significantly, Mr Kohl is set to outdo his muchadmired
      NYT; Reuter  -  861 words
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      Page 10 Advertisements Column 1
      234 10 Bayview Inn, Singapore Grand Ctafcau, Mount Riupchu, New Zealand New Zealand 1 11 It's not an Ml iiii I ordinary world The City Bayview Hotel, Penang, Malaysia Wainkei Resort, Taupo, New Zealand when you stay a moment you step a ]H Hotel, you'll enter an extraordinary world I nt i
      234 words
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      Page 10 Advertisements Column 2
      520 10 lm HEALTH CARE| lU MANAGEMENT I I (BY DISTANCE LEARNING) I Bj The University of Wales, established in 1892, is second in size to the University M of London. It is recognised today as the centre of excellence for the provision flfl of a wide range of education, training and
      520 words
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      152 11 —Bang &Olufsen —i Singapore warmly WELCOME Mr Anders Knutsen, President and Chief I J I \WW r i Executive Officer of j jU j Bang Olufsen A/S '^m and his management team. I Mr Anders Knutsen, President and Chief Executive Officer of A Bang Olufsen A/S will be among the
      152 words
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  • SPORTS
    • Article
      Lock icon England cricket captain expects team to do well on Ashes tour
      802 12 Reuter LONDON England, which succumbed to the wiles of Warne in the last Ashes series, set off for their tour of Australia yesterday with captain Mike Atherton anxious to avoid a phobia about the leg-spinner. With 34 wickets during
      Reuter  -  802 words
    • Article, Illustration
      Lock icon Getting ready for the American
      53 12 AFP HONGKONG British heavyweight Frank Bruno at his outdoor training camp at the Happy Valley Race Course here yesterday. Bruno will face off with American Ray Mercer on Oct 23 in the four-card "High Noon in Hongkong'* match-up, which will pit four British boxers against
      AFP  -  53 words
    • Article
      Lock icon Manchester United scores on financial goals
      360 12 Bloomberg Business News LONDON A tie against Galatasaray in the European Champions' League was a good result for Manchester United, finance director Robin Launders said yesterday. Not only do the scores of the world's most famous British football club bring joy or despair to
      Bloomberg Business News  -  360 words
    • Article
      Lock icon San Francisco, Dallas at the top as expected
      505 12 AP NEW YORK For six weeks, this seemed like a strange NFL season, parity produced by the salary cap, rule changes to promote offence, surprises like San Diego. After seven weeks, the NFL season is turning out just like it was supposed
      AP  -  505 words
    • Article, Illustration
      Lock icon When in Rome, do what the Romans do — or get kicked out
      729 13  - When in Rome, do what the Romans do or get kicked out Larry Dorman examines the banning of golf commentator Gary McCord and says he asked for it Larry Dorman NYT NEW YORK Gary McCord is the most entertaining golf commentator to come along in years. He is quick, knowledgeable,
      NYT  -  729 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon American Football
        125 13 Reuter DENVER Joe Montana's lastsecond magic struck at Mile High Stadium on Monday when the fabled Kansas City Chiefs' quarterback threw a five-yard touchdown pass with eight seconds left to beat the Denver Broncos 31-28. Montana threw 54 passes against the Broncos, connecting on 34 for 393 yards,
        Reuter  -  125 words
      • Article, Illustration
        Lock icon Cricket
        138 13 AP FARIDABAD. India Indian batsmen collapsed to sheer Caribbean pace Monday, losing the first one-day international to the West Indies by 96 runs. Chasing a victory target of 274 runs in the allotted 50 overs, the hosts lost quick wickets and were all out for 177 in 45 overs.
        AP  -  138 words
      • Article, Illustration
        Motor-racing
        126 13 LONDON Nigel Mansell. who spun out of the European Grand Prix at Jerez on Sunday on his return to Formula One. said on Monday his ambition is to win his third world drivers' championship. Mansell. announcing he has agreed a 10-year deal with Brands Hatch Leisure to put his
        126 words
      • Article, Illustration
        Lock icon Olympics
        90 13 Reuter STOLGHTON, Mass. Reebok International Ltd said it will be an official sponsor of the National Broadcasting Co's (NBC) broadcast of the 1996 summer Olympic Games in Atlanta. Reebok said it will be the exclusive athletic footwear sponsor of the telecast. "Reebok will mark its 100 th anniversary in
        Reuter  -  90 words
      • Article, Illustration
        Lock icon Rugby
        111 13 AP WKIiINGTON, New Zealand Five newcomers were included yesterday in a 31-man New Zealand training squad to prepare for next year's World Cup in South Africa. Southland fly-half Simon Culhane. North Harbour fullback Glen Osborne. Auckland winger Waisake Sotutu. Auckland's Western Samo-an-bom scrum-half Ofisa Tonu'u and Otago flanker Josh
        AP  -  111 words
      • Article, Illustration
        Tennis
        168 13 LYON, France LS$6OO,OOO Lyon men's indoor tournament Ist rd Monday: Lars Rchmann (Ger) b Tomas Carbonell (Spn) 6-3 6-3; Lionel Roux (Fra) b Herve Grenier (Fra) 6-1 6-2; Andrei Chesnokov (Rus) b Rodolphe Gilbert (Fra) 7-6 (9-7) 6-3; 2-Yevgeny Kafelnikov (Rus) b Richard Fromberg (Aust) 6-4 6-4; Cedric Pioline
        168 words
      • Article, Illustration
        Golf
        58 13 PONTE VEDRA BEACH, Florida US PGA lour top money winners (US unless noted); I Nick Pnce (Zim) U551,442,927; 2 Greg Norman (Aust) U551,255,164; 3 Tom Lehman U*****,689; 4 Jose Maria Olazabal (Spn) U*****,900; 5 Loren Roberts U*****,671; 6 Corey Pavin U*****,305; 7 Hale Irwin U*****,836; 8 Jeff Maggert U*****,475;
        58 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      241 12 Starlite Holdings Ltd built Its Pte Ltd truly share this philosophy. printing and packaging business Attesting to a high level of on one single asset: QUALITY. commitment to customer's quality and service requirements, Starlite It takes nothing less than an Printers (Far East) managed to innovative style, state-of-the-art achieve the
      241 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      317 13 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND M THE MATTER OF WING FOOK PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE Is hereby given that the Creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before the 18th November 1994 to send in
      317 words
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      Page 13 Advertisements Column 2
      264 13 Binnf^smHS TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that. I Han Kiow Kwang of Blk 53 #10-342 Chai Chee Street Singapore 1646, have applied for a Public House First Class Licence in respect of premises at M/s Sushi-Tei Pte Ltd at 20, Lorong Mambong Singapore 1027, and
      264 words
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      Page 13 Advertisements Column 3
      380 13 M THE MATTER Of THE COMPAMES ACT, CAP. SO ANO M THE MATTER OF LEONG ANN KEE (19W) CO. PTE LTD (In Membera* Voiuntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Maating of the members of tie abovenemed Comparw Arfy convened and hatd atil Tannery Lane. Singapore IJS4 on
      380 words
    • Advertisement
      Page 13 Advertisements Column 4
      189 13 r Z+'lL -v. -Tv WL I p A CALLAWAY BOBBY JONES FROM PAN-WEST For the whole of this month, ending 31 st October 1994, Pan-West is offering selected Callaway® Bobby Jones® Woods and Irons at some very exceptional prices. So make your way to our conveniently located outlets now before
      189 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      740 14 NotliHi£ Boats A Bud. or ro/ n the Coribbe^ From June Ist 1994 Mischief Pub at the Boulevard Hotel presents* Caribbean Arts Festival's Best Performing Band m the Miami \ITV sensation mMMmuJI Dreadi Ration ime: 815pm nightly Venue: Mischief at Lobby Level Open daily from 1 lam 2am J (till
      740 words
    • Advertisement
      Page 14 Advertisements Column 2
      365 14 WHERE TO WINE, DINE AND ENTERTAIN "GOOD OLD FASHIONED FUN. AT CLUB 5." English and Chinese all-time favourites performed 'live'. Drinking and dancing. Fashion show every Monday and Thursday. Happy Hours Monday to Friday, 5 pm 8 pm, with one for one standard drinks. Club 5. It's the place for
      365 words
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      Page 14 Advertisements Column 3
      311 14 ilfi/l/EINTO THE. EX£/7ZW/T$ 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 Ml loot OotTK* Union How. Cottytr Sivpox 0104 T«t 224)922 hf TW
      311 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Sons and lovers
      741 15  -  The marital woes of Prince Charles and Mark Thatcher have been an embarrassment to their illustrious mothers. Peter Millership has the details Peter Millership Reuter QUEEN Elizabeth and Margaret Thatcher, who as monarch and prime minister steered Britain through the 1980s, now face maternal anxiety over their
      Reuter  -  741 words
    • Article
      Lock icon Red is most popular film at Vancouver
      332 15 CHATTERBOX AP UPI Reuter Reuter POLISH director Krzysztof Kieslowski's film Red won the Air Canada Award for the most popular film at the Vancouver International Film Festival, it was announced on Monday. The film is part of Kieslowski's tri-colour trilogy of movies based
      AP; UPI; Reuter  -  332 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      98 15 I VfcLUE FOR MONEf x::mu€ FOR HONE? g I Nasi radanG I i BUFFET LUNCH i Mil WAMHM'I c'2o%^ t 1 Sp APPETIZER SOUP PRAWN CHICKEN FISH MUTTON 1 s BEEF CUTTLE FISH CRAB EGG VEGETABLE g DESSERT COFFEE/TEA ANO MORE... 3 m C J 3 Q INDONESIAN RESTAURANT j§
      98 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1167 15 TV RADIO l\ Rainforest of the Pacific Northwest, 9.30pm, Ch 12 n Rainforests don't have to be in J*| the tropics. Biologist Bristol II; f k |ljR fg> y' wAim Foster goes to British Columbia to look at the last temperrainforest in the North wiSiw IMflr \»W _MJKaV VBi American
      1,167 words
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  • Article
    Unking up with Europe
    508 16 THE idea of a meeting of heads of governments of countries from Asia and Europe, floated at the recently-concluded East Asia/Europe Economic Summit, is one whose time may, at last, have come. Three years ago it would have been premature Europe was too mired in domestic
    508 words
  • WHAT THE OTHERS SAY
    • Article
      First, hit the parents
      248 16 THE POLICE are right to take a serious view of juvenile crime in Singapore, not least because, against a continuing decline in the overall crime rate, criminal acts by young offenders are on the rise. But the figures for citizen delinquents should be separated from those
      248 words
    • Article
      Clear days ahead
      144 16 SINGAPOREANS and Indonesians can certainly expect clear days ahead if the source of the haze can be tackled through their latest area of cooperation. The recent agreement reached by Environment Minister Mah Bow Tan and his counterpart Sarwono Kusumaatmadja underscores the commitment of the two countries to
      144 words
    • Article
      Change mindset: look East
      172 16 THERE IS not much choice for Europe but to Look East to Asia. This is where the action is and the engine of growth is gaining momentum. Asia and the Far East will be the focal point of developments in the next century, and even now
      172 words
    • Article
      The PWC blunders again
      168 16 HARDLY A WEEK seems to go by without a blunder by the Beijing-appointed Preliminary Working Committee (PWC). The PWCs cultural sub-group has now caused controversy by proposing that millions of Chinese degrees be considered valid in the territory after 1997. It is a suggestion which local
      168 words
    • Article
      No guarantee on foreign maids
      197 16 IN A VISIT to Nee Soon South constituency, Minister for Labour and Defence Lee Boon Yang was asked whether the foreign maid levy would be lowered in view of working couples who need maids to look after their old parents. Dr Lee's reply suggests the
      197 words
    • Article
      Keep the domestic connection
      124 16 IN TRYING to improve its profit performance, Malaysia Airlines System Berhad with the support of capitalist-minded businessmen whose chief objective is profit motivation might be extremely tempted to cut loose from its social obligation to service the domestic routes and totally concentrate on other more profit-worthy
      124 words
  • Article, Illustration
    Collaborating for prosperity
    1190 16  -  Lim Boon Heng describes the tripartite spirit between government, unions and employers which has stood Singapore in good stead for many years Lim Boon Heng THIS SEMINAR* is being held at a time when the Asean region is growing robustly. This is good for the workers of
    1,190 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      208 16 HARMONY ®In its fullest definition, harmony is an of Beethoven's Ninth Symphony. experience that engages any or all of Can there be beauty without harmony? the five senses in addition to delighting Not if one agrees that beauty arises from the the mind. perceived harmony of an object. An object,
      208 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      111 16 ggwysr:! -v A Quire F\ccepr /PvteA u\DV coroiKG T o ft\ sp*V iweteA yPM I-TVART BUT I I VOORK »N uefc PNPReS wfns p killing on J T S urong..._X V s 1 cucflwe.v... ytHc stock, v v» y^- c AMOQATMIWWIMWM LTtt. WB-IW4 DOOWESBURY GARRY TRUDEAU iheloomb back to cw
      111 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      The WTO's three-point challenge
      735 17  -  Global trade liberalisation and encouraging signs from last week's Europe-East Asia Economic Summit ANWARUL HODA ANWARUL HODA The writer is the deputy director-general of Gait. This is his address to the East Asia-Europe Economic Summit in Singapore last week. THE FIRST and most important challenge before
      735 words
    • Article, Illustration
      Europe and Asia: glimmers of hope for a new beginning
      1345 17  -  VIKRAM KHANNA VIKRAM KHANNA The writer is BT's Regional Economics Editor UT F THE European I Union loses out on the -A. economic miracle taking place in Asia, this will have political costs. "At the very least, it will exacerbate
      1,345 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      355 17 TAKE TOTAL CONTROL OF YOUR BUSINESS WITH YOUR FINGERTIPS MAS/400 THE AFFORDABLE BUSINESS SOLUTION WATCH THE IMAS/400 PRESENTATION FOR FREE It's entertaining, educational and enlightening! IHB Hie dramatised performance of how IMAS/400 works. It has been highly-acclaimed in Australia and Malaysia. HIV Also, a special preview of the new Version
      355 words
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  • Article, Illustration
    Europe will miss golden chance if it blames woes on Asia: Goh
    551 18  -  From Walton Morais in PARIS EUROPE will miss out on a golden opportunity to generate a new wave of prosperity if Asia is made a scapegoat for unemployment and curbs are erected on trade and investment within the
    551 words
  • Article
    Matsushita, MCA to decide on future of film studios
    285 18 TOKYO A meeting today between executives of Matsushita Electric Industrial Co and MCA Inc may prove crucial to the Japanese presence in Hollywood. Four years after Matsushita. Japan's largest electronics manufacturer, paid a whopping US$6.l billion (SsB.9 billion at today's rates)
    285 words
  • Article
    Lock icon Japan phone dispute sparks talk of NTT break-up
    250 18 Reuter TOKYO A row over the use of telephone lines flared up yesterday between Japan's giant Nippon Telegraph and Telephone Corp (NTT) and a much smaller carrier, fuelling speculation about a possible break-up of Nil. Long-distance operator Japan Telecom Co requested government
    Reuter  -  250 words
  • Article
    Lock icon Vietnam sees economic growth of 8.5% this year
    261 18 AP HANOI Vietnam expects its economy to grow a vigorous 8.5 per cent in 1994, the biggest annual increase so far this decade, a government official said yesterday. But the fight to keep inflation below 10 per cent for the year is
    AP  -  261 words
  • Article, Illustration
    Tories have much to do in getting their house in order
    731 18  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a political commentator based in London. He writes regularly for BT. ACTIONS, says the old proverb, speak louder than words. Unfortunately for Britain's Prime Minister John Major and his
    731 words
  • Article
    Lock icon Citicorp's 3rd qtr earnings jump 69% to US$894m
    242 18 Bloomberg Business News NEW YORK Citicorp said third-quarter earnings rose 69 per cent as net interest revenue rose and trading revenue fell. The nation's largest banking company said net income rose to US$B94 million (S$ 1.3 billion), or US$l.67 per fully diluted
    Bloomberg Business News  -  242 words
  • COMPANY RESULTS
    • Article
      Lock icon General Electric: profits rise 13%
      72 18 AFP FAIRFIELD, Connecticut General Electric said its third-quar-ter net profit rose 13 per cent to US$l.36 billion (552.01 billion) from US$l.2O billion for the same period last year. It was the group's highest ever third-quarter showing. Earnings per share rose to 80 cents, from 71
      AFP  -  72 words
    • Article
      Lock icon Merrill Lynch: earnings down 36%
      65 18 Bloomberg Business News NEW YORK Merrill Lynch Co's third-quarter earnings fell 36 per cent, amid Wall Street's worst slump in four years. The nation's biggest securities firm said net income for the three months ended Sep 30 fell to US$232 million (***** million), or US$l.lO
      Bloomberg Business News  -  65 words
    • Article
      Lock icon Philip Morris: income up 27%
      69 18 Bloomberg Business News NEW YORK Philip Morris Cos said third-quarter net income rose 27 per cent, led by strong results in its tobacco business worldwide and improving results in its food and beer businesses. The New York-based maker of Marlboro cigarettes, Kraft foods and Miller
      Bloomberg Business News  -  69 words
    • Article
      Lock icon Chemical Banking: income up 23.6%
      88 18 Bloomberg Business News NEW YORK Chemical Banking Corp said third-quarter net income rose 23.6 per cent as the banking company was able to set aside lower reserves for bad loans. The nation's third largest banking company said net income rose to US$439 million (***** million),
      Bloomberg Business News  -  88 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      140 18 COMPAQ. Authorised Dealer For Singapore rhinJ MICRO For 160 years, the 111 impeccably elegant Geneva BAUME MERCIEft i watchmaker, Baume Mercler. GENEVE has offered the world timepieces 1990s Timing From Baume Me vation.quality and imagination. men and women can #02-220 Marina Square from 19 October to 30 November 1994. lam
      140 words
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      Page 18 Advertisements Column 2
      13 18 ENHANCE h pgn Memory Products Inc. j 7 I Upgrades For Your PC
      13 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Comfort group to take 20% stake in Stamford Tyres
      348 19  -  By Alec Almazan SINGAPORE Local transport group Comfort is taking a 20 per cent stake in Sesdaqlisted Stamford Tyres. Under an agreement sealed yesterday, the Comfort Group will subscribe for 12 million new ordinary Stamford shares of 25 cents par value.
      348 words
    • Article
      Norinco Fund stock tops actives list in first-day trade
      353 19  -  By Schutz Lee SINGAPORE The first China direct investment fund to list here made its debut as the most active stock on the stock exchange yesterday, with 9.37 million shares changing hands. Trading in the Norinco Fund (or China North Industries
      353 words
    • Article
      Singamas flops to 7.5 HK cents below issue price
      230 19 SINGAPORE Hongkonglisted Singamas Container Holdings, which has a secondary listing on Singapore's mainboard, made a dismal debut here yesterday. In the first few minutes of trading, its price had jumped five cents to the day's high of HK52.65 (50 Singapore cents).
      230 words
    • Article
      Sunright public offer suffers 20% shortfall
      201 19 SINGAPORE Semiconductor services company Sunright said yesterday its initial public offer of 50 million shares was under-subscribed 20 per cent. The overall under-subscrip-tion was due to its tender portion of 20 million shares being subscribed only 18 per cent. The Fixed-price tranche of 30
      201 words
    • Article
      Injection of Jardine Int'l Motor into CCL looks inevitable
      899 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE A month ago, on Sep 18, tbe Jardine group broke a long and cherished tradition it commented on a market rumour. The rumour, carried that morning in the Sunday edition of Hongkong's South
      899 words
    • Article, Illustration
      Lift distributor Chevalier S'pore launches IPO
      367 19  -  By Corinne Kerk SINGAPORE Chevalier Singapore, the local subsidiary of Hongkong-listed lift and escalator company Chevalier International Holdings, yesterday launched its initial public offer (IPO) of 28.13 million 20-cent shares at 61 cents apiece. To be listed on the main board of the Stock
      367 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        38 19 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Alliance. Fraser, Kay Hian. Morgan Grenfell, Nomura, OngCo, Phillip and Smith New Court.
        38 words
      • Article, Illustration
        HOT STOCK
        149 19  -  -By Paul Leo SINGAPORE Finance rose 8.8 per cent or 21 cents to $2.60 yesterday on a sudden surge in demand 1.11 million shares were transacted which is 2.9 times the previous day's 385,000 units and 10 times the 10-day average of 110,000 shares. If the buying momentum
        149 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon 5m peso fine against Peregrine dropped
          68 20 Bloomberg Business News HONGKONG The Philippine Stock Exchange has dropped a fine of 5 million pesos (*****,000) against Hongkong investment bank Peregrine Investment Holdings for improper disclosure, the company said. The exchange's board reversed a decision announced on Friday that Peregrine Capital Philippines Inc,
          Bloomberg Business News  -  68 words
        • Article
          Two directors quit Inno-Pacific
          87 20 SINGAPORE Inno-Pacific Holdings Ltd has announced the resignation of George Ting Yew Tong and Ishak bin Ismail as directors with immediate effect. Its board now comprises Ridzwan bin Haji Dzafir, Gopinath Pillai, Ernest Wong Thian Yow, Lim Jit Poh, Wayne Chung Wei Lau and Low Siew
          87 words
        • Article
          Vikay in licence deal with US company
          93 20 SINGAPORE Vikay Industrial has signed a licence agreement with US-based Tektronix Inc to use its proprietory Pie-cell technology to make, use and sell liquid crystal (LC) shutters, LC display systems and display products. A total of US$3 million (554.44 million) to be paid
          93 words
        • Article
          Jurong Cement acquires new unit
          49 20 SINGAPORE Jurong Cement Ltd has acquired all of Jurong Cement Zhejiang Investment Pte Ltd's equity (comprising two shares of 1 each). The subsidiary, a newly incorporated investment holding company, has an authorised capital of $100,000 comprising 100,000 ordinary shares of Si par value each.
          49 words
        • Article
          Lock icon MAS in venture with Air Cambodge
          87 20 MBT KUALA LUMPUR Malaysia Airlines (MAS) is forming a joint venture with Royal Air Cambodge (RAC). It will begin full operations on Jan 1, Malaysia Airlines chairman Tajudin Ramli said yesterday. "The joint venture will be similar to the one we have with Air
          MBT  -  87 words
      • Article
        Lock icon OSK to buy 40% stake in HK financial trading company for HK$65m
        339 20 Bernama KUALA LUMPUR OSK Holdings Bhd proposes to take up controlling interest in a Hongkong financial trading company and form a property management joint venture with an Australian group. The proposals are expected to contribute to the future
        Bernama  -  339 words
      • Article
        DBS Bank buys 10% stake in Sri Dhana for $20m
        496 20  -  From Loh Hui Yin in BANGKOK DBS BANK yesterday paid $20.1 million for a 10 per cent stake in Sri Dhana Finance and Securities, an acquisition which will pave the way for the Singapore banking group to move into Thailand's
        496 words
      • Article, Illustration
        Fels shares rise and fall on double dose of rumour
        390 20  -  By Rahita Elias SINGAPORE The share price of Far East Levingston Shipbuilding yesterday's top gainer see-sawed between two rumours. By noon, the counter had been driven up to $7.45 on a story that Fels had won a $300 million rig-building
        390 words
      • Article
        KIE associate wins $23m Thai condo contract
        238 20 SINGAPORE A Keppel Integrated Engineering (KIE) associate has clinched a $23 million condominium project in Thailand. Pan Pacific Engineering, in which KIE has a 35.9 per cent stake, signed a deal yesterday with developer Pharam 111 Land Co to design, supply and put
        238 words
      • Article
        Indosat gets set for successful listing after New York kickstart
        293 20  -  From Leslie Lopez in JAKARTA INDONESIA'S state-owned international telephone company PT Indosat has primed itself for a strong debut on the local exchange today after a heartening reception overseas. In early afternoon yesterday Bloomberg Business News reported that PT Indosat,
        293 words
      • Article
        QAF unaware of any takeover attempt
        190 20 SINGAPORE Food group QAF yesterday said it was not aware of any takeover bid, or any party that is keen to take a 20 per cent stake in the group. The statement was issued yesterday in response to queries from the Stock Exchange of
        190 words
      • Article
        Untitled
        486 20 Maoagart' priCM Oct 19 Mendaki Gr Fund I.II l.2lid Singapore Unit Trust user Fund aw .02- 1 HMD ||«A I AJ The Commerce 1.72 I.S2 WtH mgl LH The Savmp Fund 1.67 1.77 Unifund I 56 1.63 Spore Prog Fund 0.66 OTQxd Unibond 1.04 1.065 Spore Set Fund 1.03 1.09
        486 words
      • COMPANY BRIEFS
        • Article
          Lock icon Aussie insurer to pare down HK stake
          108 21 Bloomberg Business News SYDNEY National Mutual Life Association, Australia's sec-ond-largest life insurer, expects to sell down its holding in listed Hongkong subsidiary National Mutual Asia Ltd before the end of the year, the Australian Financial Review reported yesterday. Geoff Tomlinson. managing director of
          Bloomberg Business News  -  108 words
        • Article
          Lock icon AT&T buys firm for US$365m
          57 21 AFP VANCOUVER Pacific Telecom (PTI) announced on Monday it has sold its Alascom subsidiary for US$365 million to AT&T, the leading US long-distance telephone carrier. Alascom supplies long-distance communications in Alaska and between Alaska and other states. AT&T will pay US$29O million for the subsidiary,
          AFP  -  57 words
        • Article
          Lock icon Heinz to buy frozen meals maker
          62 21 Bloomberg Business News PITTSBURGH HJ Heinz Co, taking a step to fatten its frozen-food profit, agreed on Monday to acquire All American Gourmet Co, the maker of Budget Gourmet frozen meals, from Philip Morris Cos. Terms weren't disclosed, but several industry analysts said the
          Bloomberg Business News  -  62 words
        • Article
          Lock icon Dazhong to run another taxi firm
          60 21 AFP SHANGHAI Listed Shanghai Dazhong Taxi Company Ltd recently signed an agreement to manage a smaller and less competitive taxi operator, a newspaper reported yesterday. Shang- hai Fa Fa Taxi Company, which runs 170 taxis, made the management proposal to Dazhong after experiencing difficulties
          AFP  -  60 words
        • Article
          Lock icon GM unit in Viet telecoms deal
          72 21 Bloomberg Business News HANOI General Motors Hughes Electronics, a subsidiary of the giant industrial conglomerate General Motors, was to sign US$l2O million (S$ 176 million) contract yesterday to supply telecommunication equipment to Vietnam. This is the first agreement for General Motors in Vietnam since
          Bloomberg Business News  -  72 words
      • Article, Illustration
        Lock icon News Corp to beam TV shows into 66% of world's homes
        528 21 Bloomberg Business News ADELAIDE. Australia News Corp intends to beam television programmes into two-thirds of the world's homes when its global system is fully established, double its present reach, chairman Rupert Murdoch said here yesterday. Mr Murdoch gave no
        Bloomberg Business News  -  528 words
      • Article
        Lock icon China power company's Hongkong listing likely to be delayed
        357 21 Reuter HONGKONG The listing of China-incorporated Shandong International Power De- velopment Co Ltd (SIPD) in Hongkong seems likely to be postponed until early next year, said local stock market sources yesterday. "It does look as if it's been delayed," one source
        Reuter  -  357 words
      • Article
        Lock icon China Resources sells nearly all its Giordano stake
        261 21 Reuter HONGKONG China Resources (Holdings) Ltd has placed a total of 61.5 million Giordano Holdings Ltd shares with Asian and European institutional investors at HKS4.7O (550.90) each, cutting its stake in the garment maker and retailer to about 0.35 per cent from
        Reuter  -  261 words
      • Article
        Lock icon Australia's AMP pays record A$544m for property portfolio
        225 21 AFP SYDNEY Australia's AMP Society has signed a record property deal, buying the Brit-ish-based Hammerson pie's Australian portfolio for A 5544 million (*****.5 million). An AMP spokesman said yesterday the company had exchanged contracts for the Hammerson properties, including a shopping mall,
        AFP  -  225 words
      • Article
        Lock icon Apple, Intel, Sun Microsystems turn in higher profits
        558 22 Reuter SAN FRANCISCO Apple Computer Inc, Intel Corp and Sun Microsystems Inc on Monday reported solid quarterly earnings, as sales of computer products soared. Apple's profit reached an all-time high of U*****.7 million (S$ 168.6 million), or 95 cents a share, in
        Reuter  -  558 words
      • Article
        Lock icon IBM plans to overhaul its PC operations
        215 22 AFP SOMERS, New York World Number One computer maker IBM announced on Monday it would overhaul its personal computer offerings as part of a bold shift in the way it does PC business. "The PC industry has done a brilliant job of innovation
        AFP  -  215 words
      • Article, Illustration
        Lock icon Japanese car makers increase production in South-east Asia
        344 22 Bloomberg Business News TOKYO Battered by the strength of the yen. Japanese car makers are stepping up their push into South-east Asia, where they get not only protection from the vagaries of the currency markets but also access to booming car markets.
        Bloomberg Business News  -  344 words
      • Article
        Lock icon Toyota, Nissan post lower sales and output in first half
        305 22 Bloomberg Business News TOKYO Toyota Motor Corp and Nissan Motor Co yesterday reported declines in sales, exports and domestic production in the six months ended Sep 30. But both companies said that sales in Japan rose last month amid signs
        Bloomberg Business News  -  305 words
      • Article
        Lock icon Takashimaya and Sogo's profits rise, Matsuzakaya earnings fall
        290 22 AFP TOKYO Japanese department store operators Sogo and Takashimaya announced yesterday higher pre-tax profits for the six months to August but rival Matsuzakaya said its earnings declined. All three companies reported lower sales for the first half and said that sales were
        AFP  -  290 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon BSN eyes troubled merchant bank
        495 23 MBT KUALA LUMPUR Bank Simpanan Nasional (BSN) has proposed to acquire a 70 per cent stake in the financiallytroubled Rakyat Merchant Bankers Bhd. BSN chairman Ahmad Zahid Hamidi, who confirmed this in Johor Baru yesterday, said the bid was submitted recently to Deputy Prime Minister
        MBT  -  495 words
      • Article
        Lock icon Philippines to allow foreign banks to set up full branches
        156 23 Reuter MANILA Foreign banks can apply for licences to set up full-service branches in the Philippines after the central bank approves guidelines for implementing a banking liberalisation law, bank governor Gabriel Singson said on Monday. Ten banks will be chosen
        Reuter  -  156 words
      • Article
        Lock icon Maybank plans Islamic insurance in 6 months
        331 23 Bernama KUALA LUMPUR Malayan Banking Bhd, spurred by the success of its Bankassurans scheme, expects to introduce Islamic insurance under the scheme in six months' time. However, the bank has to Apply for a licence from Bank jfiegara to manage the product sas
        Bernama  -  331 words
      • Article
        Lock icon First Union HKCB sets target of US$1b finance business a year
        226 23 Reuter ,HONGKONG First Union HKCB Asia Ltd aims to generate trade finance business of •US$l billion (551.47 billion) a year within five years, said T C Chang, managing director of the newly formed joint venture between Hongkong Chinese Bank
        Reuter  -  226 words
      • SMALL CHANGE
        • Article
          Pathmarajah joins association's board
          82 23 SINGAPORE Allen Pathmarajah, managing director of Great Eastern Life Assurance, has been appointed a director of the Life Office Management Association of the US. He is the first insurance executive from the Asia-Pacific region to be elected to the LOMA board. He will serve a three-year
          82 words
        • Article
          Lock icon Beijing Subway Corp's bonds sold out
          72 23 AP BEIJING Beijing Subway Corp issued 25 million yuan (554.2 million) bonds which sold out in two days, instead of the two months the company expected. The China Daily reported yesterday that the bonds hit the stands on the morning of Oct 10 and
          AP  -  72 words
        • Article
          Lock icon Taiwan's SEC approves bond sale
          54 23 Bloomberg Business News TAIPEI Pou Chen Corp. one of Taiwan's largest footwear makers, has received permission from the Securities and Exchange Commission to raise 65 million Swiss francs (5576.4 million) through a bond sale, the commission said yesterday. The debt is expected to be offered
          Bloomberg Business News  -  54 words
      • Article, Illustration
        Lock icon Hanoi's new interbank forex market
        47 23 Reuter HANOI State bank workers monitoring prices at the newly opened domestic interbank foreign exchange market here on Monday. Some 25 banks are participating, including eight of the nine foreign bank branches in Vietnam and two of three joint venture banks. Reuter
        Reuter  -  47 words
      • Article
        Norwest Bank Minnesota withdraws from S'pore
        382 23  -  By Quak Hiang Whai SINGAPORE After only two years in Singapore. Norwest Bank Minnesota has packed up its bags. The American bank has surrendered its offshore banking licence issued here under the Banking Act, the government said in a gazette last week The decision
        382 words
      • Article
        Finance firms' consumer goods loans plunge to 4-year low
        387 23  -  By Soh Tiang Keng SINGAPORE Loans by finance companies to buy consumer goods have dropped to their lowest level in four years. The latest Monetary Authority of Singapore figures show that total hire purchase loans extended for consumer durables amounted to
        387 words
      • Article
        Lock icon S-E A firms hedge yen loans through Asian currency swaps
        535 24 Knight Ridder SINGAPORE An increasing number of South-east Asian corporations are hedging their yen-denominated loans through Asian currency swaps and this, in turn, has helped spur the growth of the region's swap market in the past few months. Many of
        Knight Ridder  -  535 words
      • Article, Illustration
        Lock icon Failure to reach new pact won't hit prices immediately: rubber traders
        392 24 Reuter KUALA LUMPUR The failure of rubber producers and consumers to agree on a new International Natural Rubber Agreement in Geneva last Friday would not have any immediate effect on prices, Southeast Asian trade sources said. The news could
        Reuter  -  392 words
      • Article
        Lock icon Japanese seen biding time before buying more aluminium
        203 24 Reuter TOKYO Japanese aluminium users are willing to add to their stocks, but are unlikely to buy aggressively at current prices which are near a fouryear high of U551,720 (552,545) a tonne, industry sources said yesterday. "Aluminium users are very much willing
        Reuter  -  203 words
      • Article
        Lock icon Indian deregulation will shake up banks
        396 24 Reuter BOMBAY India's deregulation of interest rates is the final call to inefficient state-con-trolled banks to shape up and learn to compete, bankers and analysts said yesterday. They said the deregulation, announced in Monday's sixmonthly credit policy statement, will mean the advent of stiff
        Reuter  -  396 words
      • Article
        Crude boosted by refiner demand
        285 24 energTRE&RT LONDON Brent crude futures rose for a second day, boosted by improved feedstock demand from refiners and increased refined product values. At spm London time, December Brent futures were 28 cents up at US$l6.lB a barrel, while the November crude contract in New York
        285 words
      • Article
        Lock icon Currency Reports: London
        182 24 Reuter LONDON The dollar remained confined to narrow trading ranges in midday activity, with bearish sentiment still largely intact, dealers said. The beleaguered currency managed to hold on to its early morning gains, but traders said there was little incentive to push the US unit too far
        Reuter  -  182 words
      • Article
        Lock icon NEW YORK
        100 24 AFP NEW YORK The dollar recovered a little ground against most major currencies except the pound yesterday but remained vulnerable in the absence of any news that might bring some support. At 1400 GMT, the dollar was trading at 1.5025 marks from 1.4985 late Monday and at 97.88
        AFP  -  100 words
      • Article, Illustration
        Untitled
        1381 24 I reulf «eifHird index cakuhted anoint! S'pore's top 14 trading partner* Bate year 198! Interbank rates 3pm. Oct 18 Against SS Against LSI Against S$ Against US$ Carr—ciw IM Offer M Oflw Cwmki Otfcf KM Olfcr Local dollars to Oll€ unit of foreign currency: French franc 28.5390 28.5667 5.1560 5.1575
        1,381 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen end lower, Eurodollars steady
        1283 25 Reuter SINGAPORE Simex Euroyen were lower and Eurodollars steady at the close. Dealers said trading in Euroyen was technically driven, with no new fundamental factors. Sentiment was also affected by the fall in Japanese government bond (JGB) futures. A dealer said a steadier dollar/yen rate
        Reuter  -  1,283 words
      • Article
        Palm oil firms on buying interest
        663 25 COMMODITY REPORTS Patm OM THE crude palm oil physical market ended sharply higher on active coverings and buying interest yesterday. Dealers said the market gained its strength from the firmer soyoil futures market in Chicago overnight. Talks that would be tendering for RBD palm
        663 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie wheat crop seen at 1982 level
          64 25 CANBERRA Australia's 1994-95 wheat crop could fall to 8.5 million tonnes, the lowest level since 1982, National Farmers Federation president Don McGauchie said yesterday. That may still be regarded as optimistic," said Mr McGauchie, after a grains industry summit here yesterday called to
          64 words
        • Article
          Japan using less copper concentrate
          51 25 TOKYO Japanese smelters consumed 83,632 tonnes of imported copper-in-concentrate in August, down 10.1 per cent from a year before. Stocks of copper concentrate held by the smelters plunged 49.6 per cent from a year before at the end of August to 65,254 tonnes, the ministry
          51 words
        • Article
          China vegetable oil demand slows
          68 25 HONGKONG China's vegetable oil imports will slow in coming months because most of import licences granted this year will be invalid at the end of the year, traders said. "For this year's licences, they have to purchase no later than October or the oil will
          68 words
        • Article
          Zambia copper shipment improves
          71 25 TOKYO Delays in shipments of copper from Zambia to customers in Asia are being gradually reduced as state-owned Zambia Consolidated Copper Mines Ltd strives to make up for lost production, according to a Japanese agent tor the company. Delays in shipments to Asia have been reduced
          71 words
        • Article
          Aussie firm to lift gold output
          49 25 SYDNEY Pancontinental Mining yesterday confirmed it will spend As 36 million (Ss39 million) to expand mill capacity at its Paddington gold operation in Western Australia. Production capacity will rise 60 per cent to 150,000 ounces after the expansion of the mill next August
          49 words
    • Article
      COMMODITY PRICES
      1371 25 Rubber Oct is Singapore Commodity F»rfnmtt fkysical PrtoM (futures dosing as at 5.3tp«) Bmrt SKImi As at 12 mm (S cents/kg) IBS 1 Contract (S cents/kg) r v |WM> rr~ RSS 2 Nov 94 203.00 204.00N Month Hi«h L™ ttZnr£) InteSS RSS 3 Nov 94 202.00 203.00N set!
      1,371 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1045 26 -10.8 SHARES drifted lower yesterday in lacklustre trade following a mixed performance on overseas bourses, brokers said. The key All Ordinaries Index fell to 2,003.4 points, down 10.8, while the All Industrials Index eased 11.5 to 2,839.2 and the All Resources Index dipped 10.5 to 1,383.8. Turnover totalled 158
        1,045 words
      • Article
        Manila
        679 26 +42.81 Share prices rose 1.4 per cent yesterday on encouraging corporate news on blue-chips and key second-liners, an analyst said. The PSE Index gained 42.81 points to close at 3,092.95. Turnover was 3.5 billion shares valued at 2.1 billion pesos. Ayala Land B surged 3.9 per cent to a
        679 words
      • Article
        Seoul
        464 26 +3.42 Share prices shot up to a new record yesterday, buoyed by optimism over a spurt in inter-Ko-rean trade following the draft nuclear agreement in Geneva. The Composite Price Index climbed 3.42 points to finish at 1,113.29, after hitting an intraday high of 1,127.09 at the opening bell. "Market
        464 words
      • Article
        Bombay
        89 26 -30 Shares closed lower in the absence of fresh buying support after completely ignoring Monday's deregulation of interest rates by India's central bank which many brokers said was favourable to the industry. Trading ended 30 minutes earlier than the usual two-hour session to mourn the death of a broker
        89 words
      • Article
        Taipei
        578 26 +24.3 Stocks ended higher for the third consecutive winning session on bargain-hunting, with food shares enjoying the largest 2.9 per cent jump, dealers said. The 386-issue Weighted Price Index gained 24.3 points to finish at 6,755.53. Turnover was 1.5 billion shares worth NT572.7 billion. Advancers outnumbered decliners by 175
        578 words
      • Article
        New Zealand
        294 26 -13.98 Stocks plodded through an uninspiring day to close weaker, led down by the leaders. The NZSE-40 Capital Index closed at 2,052.41, down 13.98 points, on volume of NZ532.9 million. Trade in Telecom made up a third of the overall volume. The share finished down one cent at
        294 words
    • WORLD STOCK MARKETS
      • Article
        London
        705 26 -34.9 EQUITIES fell sharply yesterday amidst a background of a weaker dollar but the Footsie is still expected to continue to push ahead in the coming weeks, dealers and strategists said. "The market has been as dull as ditch water. There hasn't been any real selling, just market makers
        705 words
      • Article
        Paris
        153 26 -7.82 French shares ended lower, dragged down by weakness in the dollar and bonds, and poor sentiment. The public works sector suffered heavily on news many have signed an ethics code, which was intended to clear the air but had the efftct of implying they had been involved in
        153 words
      • Article
        Frankfurt
        172 26 -26.0 German shares fell on prof-it-taking with car shares facing the worst losses. Dealers said foreign investors appear to be cashing in on mark's gains by selling. They say prices are likely to remain under pressure, with the dollar's woes a key worry. The DAX Index closed at 2,069.58,
        172 words
      • Article
        Brussels
        144 26 1.41 Belgian shares were mixed at the close, with sentiment Cautiously optimistic but players reluctant to take up new positions before the current forward market period ends tomorrow. The Bel-20 Index ended (.41 points higher at 1,382.67 after spending most of the session stuck around the middle of the
        144 words
      • Article
        Milan
        152 26 -134 Italian stocks drifted lower in another apathetic session with most investors steering clear of equity until the situation over the 1995 Budget becomes clearer. "We're waiting to see what parliament does to the budget, but it could be sometime before we find out. We might remain stuck like
        152 words
      • Article
        Amsterdam
        258 26 -2.94 Dutch stocks fell after three days of gains as the dollar hovered close to two-year lows against the guilder, threatening earnings at companies with significant sales in the US. Stocks were also hurt by a rise in Dutch and German bond yields and a decline in German and
        258 words
      • Article
        Stockholm
        148 26 -4.74 Swedish stocks fell after six days of gains, tracking other European markets lower amid concern that declines in the US dollar will hurt export earnings. The declines were fuelled by reports of accelerating Swedish inflation and an upward revision to budget deficit estimates. The OMX Index of 30
        148 words
      • Article
        Zurich
        236 26 -31.6 Swiss shares closed lower in light volume as investors kept to the sidelines because of the weak dollar. Dealers said higher prices were unlikely as long as the dollar remained weak. The broad SPI Index ended down 20.09 points at 1,685.11. The blue-chip SMI Index lost 31.6 at
        236 words
      • Article
        Johannesburg
        310 26 +65 Shares rallied yesterday as buying interest continued to push prices higher amid a firm undertone, dealers said, with the Financial rand having a limited effect despite steady gains. Dealers said the gold price, blue-chip strength on Wall Street, expected continued strong local company earnings and a limited supply
        310 words
      • Article
        Toronto
        238 26 -13.11 Stocks fell in quiet trading, pulled lower by weakness in Wall Street stocks, traders said. Dealers said Toronto equities may get some support from a positive tone in Canadian bond and currency markets. The TSE-300 Index was down 13.11 points at 4313.89 in turnover of 5.78 million shares
        238 words
      • Article
        New York
        720 26 -5.72 The Dow Jones Industrial Average, which rose 13.46 points on Monday, was off 5.72 points to 3,918.21 at 1 lam EDT. The NYSE Composite Index was off 0.73 to 257.23, while Standard Poors 500-stock index was down 1.29 to 467.67. Declines topped advances 1,024-658 among the 2,520
        720 words
      • Article
        Untitled
        672 26 Britannia Funds Sterling Cash Bid Oder Mim Cap Opoul HMOO 3* 6500 Mint Jen« GjT 0.1893 0 IW Mim Ma» Income •***** ****** I S$ C ash Income Plu» Fund 9 6600 *****0 PS S Rnrrvc Fund 5 3200 5 3300 SlfrliM Iguily Euro IVifotnuncc 0.45*2 0 49J8 Far F«l
        672 words
    • Article, Illustration
      Lock icon HONGKONG
      2562 27 Bloomberg Business News HONGKONG Stocks fell on concerns about a weak US dollar, the health of Deng Xiaoping and China's rising inflation rate, traders said. "Investors were concerned about the dollar and then the same old fears about Deng are keeping sentiment poor," said a broker. Worries about Deng's
      Bloomberg Business News; Source: Bridge Info  -  2,562 words
    • Article
      Lock icon CHINA
      274 27 Bloomberg Business News SHANGHAI'S A Share Index closed up 1.38 per cent in extremely sluggish trade with both sellers and buyers sidelined, brokers said. The A Index put on 8.68 points to 636.22 on turnover of 675.97 million yuan, the lowest since the end of July when Beijing banned
      Bloomberg Business News  -  274 words
    • Article, Illustration
      Lock icon TOKYO
      2520 27 Reuter TOKYO Stocks ended barely changed after a day of particularly shackled trading. Uncertainty over currency direction restricted trading in blue chip stocks, and activity instead centred on incen-tive-backed, individual lowpriced stocks, brokers said. The Nikkei Average closed ahead 34.11 points at 19,992.40, with about 260 million shares traded.
      Reuter; Source: Bridge Info  -  2,520 words
    • Article, Illustration
      Lock icon BANGKOK
      1506 27 Reuter BANGKOK Stocks closed lower on selling in the banking sector in particular after nuyiiig for the last couple of days, brokers said. The SET Index closed 7.81 points lower at 1,501.66 on moderate seven billion baht turnover. Falls led rises* 202 to 99. "Investors were a bit concerned
      Reuter; Source: Bridge Info  -  1,506 words
    • Article, Illustration
      Lock icon JAKARTA
      1066 27 Reuter JAKARTA Share prices closed mixed in quiet trading as investors sat on the sidelines ahead of the listing of Indosat. "Trading really tapered off with many investors content to wait and see how Indosat goes. I had expected some solid buying as bargain hunters got in before the
      Reuter; Source: Bridge Info  -  1,066 words
    • Article
      CLOB INTERNATIONAL
      2519 28 MOST ACTTVt *okm I'romct *605.000 MBf Capital 5 8:2.000 L KL Intiuslriv-s 4.55I.OOO Mm Hid 50c 1%4.00U tahcr tiroup 3 84<J.OOO B Ra>a TSR<»7 3.457.000 (icncral Corp 2.655.000 Amal S»ccl MX 2.507.000 Mulpha InU 50c 2.458.000 MBf Hldgs 50c 2.315.000 Ind (Kvgcn WI95 2.192,000 kulimiMl Wl« I.WI.000 Pcgi
      2,519 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall for 4th day on concern over Budget
        6134 28 Bloomberg Business News KUALA LUMPUR Stocks fell for a fourth day on concern that when the Federal Budget is announced next week, it won't be as pro-business as previously hoped. Statements on Monday by the finance minister "have surprised people somewhat",
        Bloomberg Business News; Source: Bridge Info  -  6,134 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7980 29 Cr Cf M Wt 19*4 Last Vol Day LaslQwn Hi Dk VH Nil Cm A«t High Lm C«apaay Sale COM) High Low Bu>rr Seller C>r P/E Sail Price INDUSTRIAL AND COMMERCIAL 1440 *33 ml s Acma 1080 \d -10 39 1100 1080 1070 1090 17.3 4.7 1.6 17.3 744.4 1082
        7,980 words
      • Article, Illustration
        Lock icon Untitled
        1246 30 Source: Bloomberg Source: Bloomberg Oct 18 Last Sense Index Slock sale Chgc factor movers <$) Avimo 1.790 -0.010 1.13 4.17 CAC 14.200 0.100 8 93 -41 67 CWT 2.590 -0.020 I 63 8.33 Ccrebos 7.800 -0.150 4.90 62.50 FAN 17.500 11.00 Gen Mag 0 900 0.57 Haw Par 3.260 -0.020
        Source: Bloomberg  -  1,246 words
      • Article, Illustration
        Lock icon Finance counters surge as market consolidates
        612 30  -  By Quak Hiang Whai SINGAPORE On the eve of the seventh anniversary of the 1987 world stock market crash, investors stayed sidelined yesterday as the market consolidated. Both the main board and Clob International finished weaker on turnover that was among the lowest in
        Charts by Bridge Info  -  612 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      393 19 NEWS VALUE MAS imposes curbs on credit card promotions (Pg I) Total impact on bank earnings is minimal. Effect on media advertising revenue is more marked. Comfort group to take 20% stake in Stamford Tyres Singapore (this pg) Synergy can be expected. Norinco Fund stock tops actives list in first-day
      393 words
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      Page 20 Advertisements Column 1
      61 20 A L M m M wk /sia's friendliest hotels lie in the equatorial zone. I \pi'ri c ik t' tilt' warmrst (it welt otm s .it (hi- I 11 .1 r<lr 1 .1 I With .1 st.l n ILI rd <» t Cjj Atjft'/ C iJuuti/rftj/ sir\ui .Mid \.iliu th.it
      61 words
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      Page 20 Advertisements Column 2
      81 20 Tenders close 18th November. 1994 at 4 00pm WST A DEVELOPMENT OPPORTUNITY WITH IMPECCABLE TIMING, IQONDALUP Prime development site in Perth's fastest growing region In an area with estimated population of 290,000 by 2001. g To be offered in two adjoining parcels of 20.787m 1 and 8,279m'. Tenders accepted for
      81 words
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      46 21 im m jjp mn i i I unsuccessfully H Bw| TO PICK a H mmm H MM tj-. Sou Chubb lock Rlfc this man I Bra e is now 3 SAFELY BEHIND PRISON lI|N T I I m m a n teleph ne 292 8421 m
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      Page 22 Advertisements Column 1
      197 22 Isn't it time to switch ff L A, v IIP" /(ji] i X T■ «Pi 555^'J v v tV t v___. V i V 1j d 11 CI Thehrand new lagun.i -fitted. ele.i tronicallv controlled iim st,!blli,v 11 ;!,sn hils toul r v l xx! for t},c> i't u the
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      Page 23 Advertisements Column 1
      61 23 11 Auction 30th November at 1 lam on site I 1 677 THE BOULEVARD, HEIDELBERG Banksia Street) H S 2 of Australia and Nokia 1H 2 Income $544,088 p.a. Regular rental reviews Significant depreciation benefits modern building. If *****131 Esm M I %£Tm 220.3888 M Rod King Jim Williams m=±J
      61 words
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      Page 23 Advertisements Column 2
      200 23 LOOK US UP DOWN UNDER B| QUALITY SHOPPING, AFFORDABLE NIGHTLIFE, INTERNATIONAL RESTAURANTS AND SUPERB SIGHT SEEING. ITS ALL CLOSE TO RADISSON ON THE SUNSET COAST. Perth is famous T a reasures Perth joondalup worldwide for its clean, XI Has on offer. A choice of k.A v clear blue skies; its
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      98 24 CREATE AN IMPRESSION With An Exclusive Set Dinner In The Tatami Room Of The Ginga ZENSAI (Appetizer) TAZUNA ZUStll (Candy Cane Sushi) SASHIMI MORIAWASE (Raw Fish) KUDAMOHO (Fresh Fruit) SAKANA SHIOYAKI (Grilled Seasonal Fish) OCHA (Japanese Tea) EBI/SAWAGAM TEMFURA (Deepfried Prawn Babv Crab) At $50 P er head < 6
      98 words
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      Page 24 Advertisements Column 2
      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times. LlanHe Zaobao and other daMy newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask tor home or office delivery service.
      49 words
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      197 25 ICC 127k n OFFSHORE I COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined I professionals and a network of international I offices, OCRA provides confidential and cost effective company formation in all the major low H tax areas including; H BRITISH VIRGIN ISLANDS BAHAMAS IRELAND I •WESTERNSAMOA MAURITIUS
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      Page 25 Advertisements Column 2
      35 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through dassrfcation 203 in The Straits Times Classified. ICATAIl CATA l
      35 words
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      Page 26 Advertisements Column 1
      24 26 K I ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      24 words
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      Page 27 Advertisements Column 1
      117 27 SCRIBE hand-made by bally rt\ft crt Baity's exclusive and limited series of hand -made welted shoes r .M^ e r ,,r,r>O se using the best traditions of craftmanship fr uses fine French calf leather and traditional craftsmanship w °rk processes involved in its welt construction on special lasts gives a
      117 words
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      Page 29 Advertisements Column 1
      106 29 Yes, get instant cash at low, low T~7 7 spot for your shares for 1, 2 Period interest rates with our Express Share Loan, or 3 months from as low as exclusively from Hong Leong 1 month 1%. Call us at 220 9433/ Finance and Singapore Finance. 2 —Willi 1800-226
      106 words
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      462 30 IN THE MATTO OP THE COMPANIES ACT, CAP.» r«MMI I* SWMM SMdKk) AND IN TIB MATTER OF FRAGRANCE POOD SERVICES PTE LTD (MEMBERS' VOLUNTARY WINDING IIP) At an Extraordinary General Meeting of the aboveaamed Company duly convened and held at 133 Middle Road #03-02 Bylands Building Singapore 0718 on Friday.
      462 words
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      Page 30 Advertisements Column 2
      459 30 BUSINESS TIMES TOn^RE^^l^?^lso^W-I^^^FAX?SPISe IN THE MATTER OF THE COMPANIES ACT CAP SO AND IN THE MATTER OP CHIRON SYSTEM PTE LTD NOTICE OP SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (pwwnnt to Section 290) At an extraordinary general meeting of the members of the above-named Company, duly coavened and held at
      459 words
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      Page 30 Advertisements Column 3
      357 30 kitwMaaard Tha CompanMa Act. Cap JO and IntiaMdtord EA EASY —warn PTE LTO (br> Mamtoara' Vokrtary Liquidation) Al an Eidmoidbwy Qanarai MaaMig of U abcvanamad Company (toy oorwanad and hald at 2 ItotoM Road. #07-07 Apo«o Singapore 0106 on Tuaaday, Ma ISM toy to OeMtar ISM, Milam, tia tokowkig Spacto
      357 words
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      Page 30 Advertisements Column 4
      245 30 M THE MATTER OF THE COMPANES ACT.CAPM MNO HUAT CEMENT BLOCXS MANUFACTURES fTE.) ITU »l¥MwlTll|l»l<l«| Al an EiMtai QanarN Matte of Mo aiaatoara d SMG HUAT CEMOiT BLOCKS MANUFACTURERS (PTE.) LTD. *4 oommdariMtfal 141/146 Uppar Pap lobar Roto StogaporalMS on Iw II Sat d OctobaMSM. Ma Mktong Spacnl Raadutano van
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      Page 30 Advertisements Column 5
      195 30 LOST SHARE CERTIFICATES The following Share/Warrant (Wrts) certificates/" together with the relevant signed transfer deeds have been reported lost or destroyed:NEPTUNE ORIENT UNES LIMITED Certificate Wo. In the name of No. of Shares *****38 NgGuanLian 1x952 *****48 Thlen Chor Sung 1x952 *****49 ThienYeeChoy 1x952 SINGAPORE BUS SERVICE (1978) LIMITED *****81/82
      195 words
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  • Shipping Times
    • Article, Illustration
      GB Holdings sells $30m worth of yachts in 7 months
      560 31  -  By Alec Almazan SINGAPORE Listed company GB Holdings Ltd builder of the world-famous Grand Banks yachts has sold 92 boats worth about $30 million in the last seven months. This is almost equal the $33.4 million in sales recorded for
      560 words
    • Article
      Otal launches Far East-W Africa service
      401 31 BANGKOK OT Africa (Otai) is establishing global links to and from West Africa by appointing agents in eight Far Eastern locations: Hongkong, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand and the Philippines. According to a report in The Nation, this decision has been prompted
      401 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1086 31 Page Coi ABC Containerline 16 1 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 3 APL 5 4/5 Appenship 4 4/5 Arabian Express 15 5 •ASCL 5 5 Avant Shpg 6 4/5 Bait
      1,086 words
    • Article
      Huge investment potential in Indian port, road privatisation: minister
      279 31  -  By Vikram Khanna SINGAPORE The privatisation of India's ports and roads has created huge opportunities for foreign investors, Indian Minister of State for Surface Transport Jagdish Tytler said on Monday. Speaking at a seminar on Investment Opportunities in Indian Port and
      279 words
    • Article
      New York posts 31% rise in first-half traffic
      210 31  -  By Rahita Elias SINGAPORE Cargo traffic through the port of New York/New Jersey jumped 31 per cent year-on-year to 24.5 million tons in the first six months of 1994. According to official figures just released, the port handled more than 6.8 million
      210 words
    • Article
      Lock icon Shell sued for tanker blast deaths in M'sia
      208 31 Reuter KUALA LUMPUR The Royal Dutch/Shell Group said on Monday that some of its companies were being sued by families of those killed in an oil tanker blast in Malaysia two years ago. "We confirm that certain Shell companies have been sued
      Reuter  -  208 words
    • Article
      DAILY FREIGHTS
      1868 32 TRADING began slowly for Panamax tonnage here, but brokers said rates remained essentially firm. Activity was regarded more as a "usual Monday" as charterers and owners took time to assimilate what happened in the frenetic end to trading last week. The Baltic Freight Index continued to rise opening
      1,868 words
    • Article
      THE SHIPPING GUIDE
      13301 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      13,301 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        588 48 Vessel <oy No Berth Arrival Dgartw Vessel Voy Wo Berth Arrival Departure JuroflC Port Batam S(*ed4 *****° P01A 1810 1900 1810/2000 Batamlndah N153 19 alongside 1910/2300 Batam Spe«t4 ****** P01* 1910 1900 19 10/2000 Batam Mutm 10 04,94 120 alongside 1910/2315 Brastagi 1 A41/94 P03 18 10/1500
        588 words
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        CONTAINER SCHEDULES
        1117 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baiance Rstts 3Np Voy No Etb/Btr Period From To From to Swan 140A 19/1500 1A 18/1500 18/1659 18/1900 IB 18/1500 18/1659 18/1900 to Fremande 10S 20/0700 IB 18/1500 18/1659 18/1900 3
        1,117 words
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      Lock icon French transport market undergoes major change
      768 49 ITJ THE years of 1993 and 1994 were notable for three important events which exerted a strong influence on the French transport market: the introduction of the Single Market in Europe on Jan 1, 1993; the devaluation of the Central African Republic (CFA) franc,
      ITJ  -  768 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon Northwest may seek smaller loan when refinancing debt
        460 50 Bloomberg Business News MINNEAPOLIS Northwest Airlines' parent may forego testing whether a group of banks will agree to replace a US$l.5 billion (552.2 billion) loan and instead seek a smaller loan, people close to the company say. Minneapolis-based Northwest Airlines Corp proposed
        Bloomberg Business News  -  460 words
      • Article, Illustration
        Lock icon Concorde fuel tank punctured at NZ airport
        173 50 AFP CHRISTCHURCH, New Zealand A full alert was declared at the international airport here yesterday after a fuel tank aboard a British Airways (BA) supersonic Concorde was punctured while it was on the tarmac, the airline said. A wind gust lifted a set
        AFP; Reuter  -  173 words
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        Lock icon Mesa Air, UAL extend commuter marketing accord
        444 50 Bloomberg Business News FARMINGTON, New Mexico Mesa Airlines Inc and UAL Corp's United Airlines have extended Mesa's code-sharing agreement as a United Express carrier in Los Angeles and Denver through 2005. The long-term agreement cements Mesa's relationship with United. Uncertainty over whether the
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        Lock icon TWA noteholders worried about falling value of collateral
        408 50 Bloomberg Business News NEW YORK Trans World Airlines Inc officials heard complaints about the declining value of collateral for the struggling airline's 8 per cent and 10 per cent secured notes at a meeting on Monday with debtholders. TWA last week proposed
        Bloomberg Business News  -  408 words
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        Lock icon France to launch partial sale of Renault
        130 50 Reuter PARIS France said on Monday it would launch a partial sale of state-owned car giant Renault and said its advisers had valued the company at between US$7.5 billion (5511.2 billion) and US$B.23 billion. Economy Minister Edmond Alphandery said members of the public
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1347 50 cwy nm m n* n»_ GA983 0920 GA984 0310 MMI Dhabi GA895 1240 SQ442 2000 MataMa SQ227 2030 Amman RJ182 1440 RJ183 2225 AmsterdMi KL831 1035 SQ324 2345 GA895 1240 SQ323 1815 Auckland NZ21 U320 NZ22 1825 SQ288 2040 NZ22 1935 SQ285 2045 Bahrain Gf 149
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          Lock icon Launch of MD-95 jet likely: analyst
          109 50 Bloomberg Business News ST LOUIS McDonnell Douglas Corp probably will launch its proposed MD-95 jetliner, a 100-seat plane designed to replace the 30-year-old DC-9. said CS First Boston analyst Peter Asentis on Monday. The No 3 aircraft manufacturer is testing the waters for interest
          Bloomberg Business News  -  109 words
        • Article
          Lock icon Ford to recall Contour, Mystique
          102 50 Bloomberg Business News DEARBORN. Michigan Ford Motor Co on Monday said it is recalling its 1995 Contour and Mercury Mystique cars after less than three weeks on the market, because a part connecting the filler pipe to the petrol tank could leak. It is the
          Bloomberg Business News  -  102 words
        • Article
          Lock icon Breed gets Fiat supply contract
          91 50 Bloomberg Business News LAKELAND, Florida Breed Technologies Inc on Monday said it received a long-term contract to supply Fiat SpA of Italy with both mechanical and electronic airbag systems. The Lakeland, Florida-based automotive airbag manufacturer said the contract will cover about one-third of Fiat's total
          Bloomberg Business News  -  91 words
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          Lock icon Kawasaki Steel signs deal with GM
          100 50 Knight-Ridder TOKYO Kawasaki Steel Corp has signed a one-year contract to provide General Motors Corp of the US with steel products for automobiles next year, a spokesman for the major Japanese steel maker said yesterday, according to Kyodo News Service. It will be the
          Knight-Ridder  -  100 words
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      50 31 Drager a SAFETY EQUIPMENT (SOLAS APPROVED) PA9O MARINE W j Specifically Designed• Breathing Appaiatu* 4/ Foe Maritime Applications V INVi HIGH QUALITY HIGH PCRFOKMANCE HIGHLY AfFORDABLK SSSIISMBBHiWKM Draeger South East Asia Pte Ltd 67 Ayei Rajah Crwcent #06-03 Singapore 0513 Tel: 773 2133 Fax: 773 2033 Tlx: RS ***** DWSING
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      27 31 Line* and services represented by Member* of the Registry of Accredited (?how*\ Shipping Agents, Singapore National \vkgfffj) Shipping Association. For advert/yog enquiries, contact Shipping Times, fe/ 740-2089/740-2090
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      58 31 VISA FREIGHT SERVICES PTE LTD 1 Ar_s THE TOTAL TRANSPORTATION PEOPLE s T? 1800 *****66 French transport market undergoes major change, Pg 19 Northwest may seek smaller loan when refinancing debt, Pg 20 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets.
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      1971 32 import^, I NORTH AMERICA I lOTHIR DESTINATIONS I I NORTH AMBBMIifi A I BWCT CALL TO WW COA«T OCX) TOWTWAtMI HlM—l> HBWM I mkmfom CMJWWM PWM (B—CT mow IP CO*»T) ,i| man *oy store la oak vcr sea dm. Houston cwc ny unco an vessel stow buenos ma mowtewbeo moPE
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      2056 33 OOCL (3) PTE LTD JARDINE SHIPPING AQENCIEB JARDINE SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAVA TEL: 03-*****76 FAX 03-*****42 CFS: 03-*****42 QP NUMBER **********0 C PENANG TEL* *****4 FAX; *****1 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) •«>« TEL: *****3/4 FAX: *****6 CUSTOMER SERVICE TEL:
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      193 33 Accepting LCL and containerised cargo** Direct to South Africa S pore Durban P.EI« C Town Full Container Service ORANJE 4018F 1/11 13/11 15/11 17/11 HAYAKAWA MARU 4177F »/11 20/11 22/11 24/11 VAAL 4275F 18/11 30/11 3/12 4/12 NEDLLOYO COLOMBO 4374F 29/11 11/12 13/12 14/12 OSAKA MARU 4479F 9/12 21/12 23/12
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      1723 33 ■HBBSBaraa WHEN YOU HAVE TO DELIVER ON TIME COUNT ON US VMM) Voy ETA ETC DESTINATIONS Neil «e«fc MADISON MAERSK V 9406 cr 2s 10 oeoc m«s 4. CFS 24/10 2359 MRS OAK LGB SFO MEM ATL MIA CMS BAL PHI NYC TOR MADISON MAERSK 9410 25/10 26 10 12/11
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      811 34 AQABA ROAM/ CI VESSEL VQY NO SPORE JEDOAH (VIA JED) S TON H'BURQ A WERP HAVRE THAMES ***** 19/10 5/11 6/11 ft/11 HANNOVER EXPRESS 22/341 22/10 31/10 6/11 9/11 12/11 14/11 16/11__ KAI 10/142 26/10 12/11 15/11 13/11 ESSEN EXPRESS 06/342 29/10 7/11 14/11 16/11 19/11 21/11 23/11 LA SEINE
      811 words
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      495 34 ifssmmmm IS'pofe P. Kelang Loading for K FORUM WIND 11/10 Rdm/Atw/UK/Nantes I KAPITAN SOROKA 22/10 27/10 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia I Loading for SINGA SUN jeddah/Dubai/Bahram/Damman I PAN CRYSTAL Dubai/Bahrain/Damman/Kuwait 'Loads Singapore. E./W. Malaysia. Indonesia I Loading for STAR MAN Los Angeles/New Orleans/ I Charleston/Norfolk/Camden PAN QUEEN Los Angeles/New
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      Page 34 Advertisements Column 3
      1007 34 I NORASIAT WEEKLY SERVICE WITH FIXED DAY SAILING IQ LA SPEZIA, FOS. 4 BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH J STORE GENERAL A6ENT: NORASIA AGENCIES (S) PTE LTO I ALSO ACCEPTMO LCL TO: TEL: *****83 FAX: *****90 CR NO. **********00 VENICE/TRIESTE/ANCONA/ALEXANDRIA/PORT THAILAND AGENT
      1,007 words
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      1835 35 K STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppol Towers Singapore 0208 Tel: *****88 Fax: *****17 MdrlfJliiaftWiVJiWßWiltfiW/iUililtlllJlW new guinea pacific line AjtSSv (A SERVICE OF CHINA NAVIGATION CO) CARGO DUf SAAS STRAITS PR** V2IE Mujn Lib 11-19 Oct 20 Oct 21 Oct FCL. L CL CONTAINER AND BREAKBULK
      1,835 words
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      Page 35 Advertisements Column 2
      2085 35 HO T Singapore Agent: 1 I .fMTl €1 P&O Containers (Singapore Agencies) Pte Ltd KJ 10 Hoe Chiang Road. #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE pnocsp.f.,: 225 5327/222 7517 EXPORT IMPORT I: VESSEL WO* -MM *MO MN SCHJ ANT ROT HAM OOT MI LEH VESSEL VOV ZEE
      2,085 words
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      Page 35 Advertisements Column 3
      1152 35 p AMERICAN PRESIDENT LINES, LTD. 19 KIPPEL WO AO .03 01 JIT POH BUHCHNG SINGAPORE 0208 TIL 225-99 M f»* 221-4922 ALSO OFFERING SERVICE TO/FROM •PRC *CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMEBICA a CANADA WEEKLY CONTAINERIZED SERVICE iKBa/wmg
      1,152 words
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      Page 36 Advertisements Column 1
      595 36 i 1 GENERAL AGENT C R NO *****81-***** /S?W EKA JAYA AGENCIES Vlir TEL: *****22 (8 LINES) FAX: *****05 SALES representatives in charge I~WO cm mWH CITY I PAO*H I HAHOPHOWK/MRgCT I HINWY HOt *****24 WMM/SMUM KtLvmcMAW I limaa iMMm/Mmw MA NO J anattt 53M7M WMJ.IAMWM I »IHM iTWMOI/MIWW I
      595 words
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      Page 36 Advertisements Column 2
      1251 36 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 rr\f u#i (f| i MAIN SIA YVR POX FDR VSI Sfl IMI MAUI SAV 1M NYC wnjJt inoMM 046E zmo «CT M/ll 11/11 12/11 2212"*j«* HANJM SEATTLE 03SE 2S/10 MKCT 17/11 11/11 19/11 HAJUA S
      1,251 words
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      Page 36 Advertisements Column 3
      1401 36 _i .ijrnrTtm? M I I m I M A. I I I m 1...... Ml OH Kl SK no IU CM IN RTC U* I* l» fS CM Ptt JCP LOMIHKI 24/11 21/11 30/11 2/11 4/11 7/11 l/U 9/11 M/ll 11/11 12/11 23/11 1/12 1/12 1/12 11/12 21/12 21/12 22/12
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      Page 37 Advertisements Column 1
      2247 37 > II PLEASE CALL II 11 II NEPTUNELINK (1800 *****00 TOLL-FREE) M ■I U FOR THE FOLLOWING INFORMATION: ■I M VESSELS ETA/ETD/EXCHANGE RATES/SHIPPING SERVICES/ ■I II FREIGHT CHARGES PAYABLE/STORE RENT CHARGES/ Bl H A II AVAILABILITY OF DOCUMENTS FOR COLLECTION EXPORT TOs PSW/PHW SINGAPORE CALIFORNIA fXPMSS (ICX) TO: USWC US
      2,247 words
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      Page 37 Advertisements Column 2
      1016 37 I A I MULTILINE SHIPPING PTE LTD ■V (a member of SJNSOV Group) CR NO: **********0 C ENQURIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      1,016 words
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      Page 38 Advertisements Column 1
      1271 38 44 AS AGENTS "K" LINE (SINGAPORE) PTI LTD (CR NO: **********0M/GST REG NO: U2-0017W9-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I W W MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHO J TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I A INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL:
      1,271 words
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      Page 38 Advertisements Column 2
      942 38 HKEQ32I3E^H 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG/BELAWAN PENANG/PASIR GUDAWG VESSEL I VOY I SW I PKL I Biw VESSEL VOT I SW Fgl PGU MCC CONVEYOR 4M2 19/10 (WED) 20 10 «THU) SEA LAUREL 329N 19/10 (WED) 21/10 (FW)
      942 words
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      Page 38 Advertisements Column 3
      256 38 /Wn GOLDEN LINE 7\ guan guan shipping VE>><\ (PTE) LTD 1 n t«M kym Strnt SMGAPOK 0104 TU: 5343*1 (M IMS) FIE *****04 (CI lb. *****5SOOOOD) ITKAm/HMIAW OULF IMTICI Spore P Keiang Penanf GOIOCN STM Karachi, Dubai Kuwait 22/24 Oct GOIOCN HA**ST Karachi Duba. Kuwait 10 Nm CHIWA IMTICI SH
      256 words
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      Page 39 Advertisements Column 1
      975 39 ±fsPACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I I *a— CR NO: 100e*****00E wrllillitiliiiiiWiiiiTifM H_— rriliTiiiir» iiinirriaaauaai^^M t J VESSEL VOY SIN BKK SIM VESSEL VOY SIN JKT SIN vf EQUATOR EMERALD 73N 20/10 23/10 27/10 KOTA MO AH 1DH033 23/10 20/10 30/10 r
      975 words
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      Page 39 Advertisements Column 2
      840 39 |«SSfLS VOT SK "I u HAWK HAAMMC THAMIS NOTTINOMI AWTWtSr vile h itia Tosw n/io w/n n/11 u/n u/n Klf H VECA GOSN 26/10 >7/11 11/11 *>/U 21/11 23/11 Wtli OC VILA *05W >1/11 **/ll 27/11 28/11 WLE DC TITANA TMW ,1/l 03/1 >4/12 04/12 •Also ACCCPTMG CMGO TO AU.
      840 words
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      Page 39 Advertisements Column 3
      618 39 BSA MB MYANMA FIVE STAR LINE r (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdi SITTWE V64W Sated AVA *130*1 Sated In Port Sated PAGAN V2I4W 24/27 Oct HPA AN V2O6W 4/6 No. MALAYSIA AGENTS BOUSTEAO SHTPtNG AGENCES KUL TEI 03-*****00 PKL: TEI 03 *****67 PEN: TU
      618 words
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      2085 42 DIRECT SERVICE ISKAiI (MJUFA, ASHDOD VIA HAIFA) 4 SJULNM'S WW MOUTH i rn MOiS* %ZZZl&>s*4i™ %ZZ£& *u 4205M02 c~t«~n4*€*ris COSTAR SHIPPING PTE LTD T»I«*: 2*330 coship co«»«»fM>o*/ <*****0 M: <MJ/IS <*f <* fi S*«<t(a«i War "17 0* CK No: 11/*/*9OOOO M fajc *****08 Br—kk»lh Soe htt *****50 f««)»»««t ***** JO
      2,085 words
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      Page 42 Advertisements Column 2
      1077 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKI PfN OH HKG _M 0 I« Ktt YOK TKY NAG *08 OS* M l 805 WAN HAI 216 N00« 19 10 20 10 21 21 10 26 10 27/10 29/10 31/10 !/S wMO 02/11 03/11 OS/11 06/11 SHM 213 NOl6 20 10 3/5 375
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      Page 43 Advertisements Column 1
      481 43 tit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, STORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/10 ROnERDAM 25/10 AARHUS/COPENHAGEN 24/10 HAMBURG/BREMEN 24/10 MARSEILLE/FRANCE 20/10 FELIXSTOWE/UK 25/10 BARCELONA/SPAIN 22/10 LEHAVRE/FRANCE 25/10 GENOA/ITALY 22/10 ANTWERP/BELGIUM 23/10 LOS ANGEIES/WC/IPI 21/10 SYDNEY/MELBOURNE 20/10 NEW YORK/EC 21/10 FREMANTLE/ADELAIDE 20/10 VANCOUVER 21/10 BRISBANE
      481 words
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      Page 43 Advertisements Column 2
      899 43 B jwggg^: 1 I pi^MBBB3ZnZ3W^^WB ■lll^—j|l| I I 3 I V* VESSEL VOY I SIN PEW I i I WANABHWI 250S Wod_ Jn_Pt_ Sal 22/10 S pgjA BHUM «M 9 Fri 21/1(T S«f 22/10~ B&j I VESSEL VOY WN BKK CAPE RAY 03S Fri_ Wd 2S/10 terajal TEROI3 Sun 23/10
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      Page 43 Advertisements Column 3
      218 43 Quarant—d Sailing* to:[BANGKOKLAEM CHABAN6/LAOS|22/10 (SAT). 25/10 (TUE) PORT KELAW6/PtNANG 27/10 (THU). 21/10 (FW) HONG KONG 25/10 (TUE). 21/10 (FW) JAKARTA 22/10 (SAT) MAMLA/CEBU/SU»C BAY 24/10 (HON) HO CM MM 21/10 (FM) SWA6AY* 23/10 (SUN) BIISAN 23/10 (SUN) DONGNAMA LINE -L- ■'-''.'.i'1,..,,,- 1 cowTAiMomtP invici rmAiTt/m.w/iNC^K ■aso. (MB) MP NI m.m
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      Page 43 Advertisements Column 4
      611 43 (SI RICHFIELD MARINE AGENCIES (S) PTE LTD H TEL: *****33 (12 Lines) K FAX: *****15/*****03 m TELEX: RS ***** RISHIP (3 Lines) CR NO. **********0E K$V Ethiopian shipping lines f (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vmnl Voy IT A Loading For Spore Abbay Woru 41WB IS/11 Mombasa.
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      1544 44 LAAMN ddNTAINEH LINES, INC I I lV=/\"V" MAC-NELB SPORE: (24 UNtS) VlJ\y ii-n-TH SNBU (004) *****9 KUCWNQ (062) *****3 PENAN* (04) *****6 BANGKOK (0M)2M4667 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA. (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK J* JN n 17/10 18/10 19/10 HKG/BKK/KEE/KHH Genoa 2
      1,544 words
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      Page 44 Advertisements Column 2
      195 44 SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD t» eh u* sroitl rail RUMK PINAM KUI JAW (/II loadmj to< Male RUVM HUOKJ 26 10 Loading lot On bat WXMN 23/10 loading foi Male pma sum* 21/10 sa*d loading Fot Male UMWCOH 28 10 loadwg fw Male P*OG»SS IBtKIT
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      Page 44 Advertisements Column 3
      888 44 f JBL THONG SOON UNES PTE LTD I I 78 SHENTOH WAY #10-01, SINGAPORE 0207 I I V/ V/ TEL: 227-5088 FAX: 227-6011 I. I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I m rtto*m momm commmr SINGAPORE TO SARAWAK SINGAPORE TCTTHA?LAND VtSSEL VOY SPORE PEST VESSEL VOY
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      Page 45 Advertisements Column 1
      632 45 WgV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE WCEPTMC 6REMBU.K, SOC CMGOfS TO/FROM KOK. YOKOHAMA. NAGOTA. MO*. TOKYO*. MANU*. OAVAO* Ptnanf* P. Ktf*i( Smjapofe E Msia* KARABCVERETT VI9E 23/24 Oct KAMAL EVERETT V23E 17/11 Nov SMAPIAEVERETT V23E 23/24 Nov ACCEPTING BWAKBU.K FCI, SOC CMGOIS TO/FROM CHTTACONG. CALCUTTA AMD MOftQ.A* Sinfaporc P.
      632 words
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      Page 45 Advertisements Column 2
      219 45 QL GLORY NAVIGATION GROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GIORY SELATAN X 14/10 21/10 23/10 25/10 GLORY SELATAN VI 27/10 4/11 SP KOMPONG SOM GLORY SELATAN V 28/10 31/10 SINGAPORE ASEAN TO TAIWAN
      219 words
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      Page 45 Advertisements Column 3
      542 45 jhC PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE "vtSSfT" VOY SW KARACHI MAKRAN 151 HW 29/10 BOiAK 142-HW 7/11 17/11 ISL AMABAP 126HW H/ll 23/11 HYDERABAD 135-HW 27/11 7/12 FAR EAST CONTAINER SERVICE ONLY TwTTsiir*" wT" BSN NAG YOK HYDERABAD 134-OW 23/10 27/10 31/10 2/11 4/11 (/ll SARGOCHA
      542 words
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      Page 45 Advertisements Column 4
      696 45 FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA VESSEL/ VOYAGE SIN OOP JNB" HRC" PIZ CRT- BEW" MPVYIME/102 22/10 05/11 08/11 16/11 06/11 09/11 13/11 IS/11 MCA TAI ME/82 02/11 15/11 16/11 27/11 16/11 19/11 26/11 28/11 SMUN ME/107 12/11 25/11 29/11 09/12 26/11 29/11 06/12 08/12 TAO ME/89 20/11
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      Page 45 Advertisements Column 5
      354 45 SIN FAR EAST 25/10 KEELUNG/KAOHSIUNG 23/10 BANGKOK 23/10 MANILA/CEBU 23/10 JAKARTA/BELAWAN/SURABAYA 24/10 PORT KELANG/PENANG/E. MALAYSIA 23/10 BUSAN 23/10 TOKYO/YOKO/KOBE/NGO/OSA 22/10 HONG KONG SjN CHINA 22/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SjN EUROPE/UK 24/10 LDN/FLX/LVP/SOU 24/10 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SjN USA/CANADA 23/10 LOS
      354 words
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      Page 46 Advertisements Column 1
      1076 46 I FIXED jgf L WEEKLY SAILINGS MELBOURNEGP SHIPPING PTE LTD T Call: Kenny/Mas/Peter <m m FKM Kll J TO MKK IYTT aim HUK 3M mTH IS/11 l«/ll 23/11 »/l»* ■MBSa 137 STII 04/12 »7/12 11/12 14/12 MMTtM i n ii/IT li/IT "ii/IT H/TT "5712" "ii/oi* C. KftOUK 339 2l7ir 27/12
      1,076 words
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      Page 46 Advertisements Column 2
      421 46 y Conlerm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25 OCTOBER (Accepting to all N«w Zaalaod ports) KNANB 21 OCT JAKARTA 23 OCT PORT KLANG 27 OCT BANGKOK 23 OCT MELROURNE 27 OCT SYDNEY 27 OCT RRISRANE 27 OCT FREMANTLE 3 NOV ADELAIDE 21 OCT I^^GOTsngiirg^^^2^C^^^^| •ACCEPTING TO ALL SCANOINAVU PORTS
      421 words
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      Page 46 Advertisements Column 3
      902 46 CONSOLIDATION TO BUSAN Singapore I FIRST FORWARDFR I.N OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 C@||_Xl for bookings NOW!!! |V^yj3d] Tel Fax MTDtRATKMAI SEA FREIGHT A Singapore 778 6522 *****38/*****36 FORWARDS #1 AN) LOGS TICS SERVICES aM II Also has oft ices in:V&JKfiU' MALAYSIA
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  • Page 47 Advertisements
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      1469 47 IsEAMA^RGENTINMJN^^^I I CONTAINERISED "HUB" SERVICE f I DIRECT TO ARGENTINA/BRAZIL URUGUAY V I <«« W m Ml' WWWM I I FRANCISCA SCHULTE OOSE 05/U 11/12 13/12 15/12 I 19/12 21/12 I 18/01 ALEXANOER SCHUtTE 005E 22/11 28/12 30/12 05/01 I 08/01 11/01 I 08/02 BIRQtT NABER 003E 13/12 14/01 18/01
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      Page 47 Advertisements Column 2
      395 47 CEYLON SHIPPING CORPN fO) National Line of Sri Lanka CONTAINfcRISLD StRVICt TO UK AND NORTH CONTINENTAL PORTS HI [w|»|a«[ia|wlM|M|w jjgMg HMMIUMI i »/H g/U »/ll fi/U MUKjm 6tw »/U 31/U 17/U 11/11 28/11 *1/11 23/11 wn di *i» tti* M/ii w/ii n/n urn x/ii ??/n n/11 a win ww «/n
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      Page 47 Advertisements Column 3
      453 47 |2 CONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.54 I VESSEL OEKANRIST PRIOZERSK MNOMK N. KROPSKAYA TBN TBN PORTS EBIB ESIS ES2O EB2I E822 BUENOS AMES* 15 20/09 OS-17/0S 28 31/10 06-09/11 110/12 MONTEVIDEO 2122/09 DURBAN OS-07/10 30/OSB 28/1 IB BOMBAY 19 24/10 27 11Q2/12 MSjPjM 2S/10 08/11 BANSKOK 09 10/11
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      685 48 SAMIIDERA INDONESIA fSI PTE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA 7 SLGS/WEEK *****3101 3 SLQS/WEEK VESSEL VOY~ SIN |JAK VESSEL VOY SIN SUR TWADIKA 1050 IN PORT 21/10 (FRI) LUMOSO 949
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      Page 48 Advertisements Column 2
      306 48 AFGHANISTAN MAM Afghanistan Ltd., Hairatart, Torghuodi. Islamqala (Doqharun) C.1.5./RUSSIA: Vostodmy, Vladivostok, Moscow, Baku, TasMsnt, Irkutsk. Alma Ala. Ashgabsd, Dushanbe, K** N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE fULL CONTAINER SERVICE TO HOB NORTH/WEBT AFRICA HSi VESSEL SIN DKR CGM Normandie V.2374 25/10 25/11 Ned Europa
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      Page 48 Advertisements Column 3
      430 48 (k WNOILY OW,CD SWSMNMY OF MOL) MAIN LINE: 222 0255 AIRFREIGHT: 545 4255 WEEKLY LCL CONSOUDATION INDIAN SUB CONTINENT ETD ETD USA/EUROPE/AUST/NZ ETD ETD 1 COLOMBO 27/10 2/11 USA (ALL INLANO POINT) 23/10 30/10 CHITTAGONG 23/10 30/10 EUROPE (ALL BASE PORTS) 24/10 31/10 CALCUTTA 22/10 29/10 NEW ZEALAND (ALL PORTS)
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      Page 49 Advertisements Column 1
      601 49 ▲HYUNDAI MEBCHftHT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 frwr r«* par \osels vot m |11 I mt* I let ham bre* raH w/w 21/10 nm~ h. nodi 311* 24/10 11/11 13/11 12/11 13/11 13/11 15/11 29/10 29/10 29/10 H. FRONTER 3131 V 31/10 lt/U 20/11 19/11 29/11 20/11
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      Page 49 Advertisements Column 2
      355 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS kssei vot n roc u MW si OCEAN SUE < S/M 20/14 M/ 14 MUM 25 25/11 n/M KOUSIM 44 21/1* 31/10 (RM)av«mi HMD 35 24/14 ami* bya i l/u yu awn tost i yu 4/n orange moon
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      Page 49 Advertisements Column 3
      559 49 JEDDAH/UK/CONTNENT STORE |K9 HON KMC 41MM UH •Mm Acc**| C*»» ftr NANOKA EXPRESS 22/341 22/14 1/U 14/11 U/U 15/11 17/11 lu4iw»li :to M OtstaakM. Mast mt (Mfc UN 14/142 24/14 U/U 15/11 17/11 UMa :to 4 Artw* Awl* tm. o*. HMM4 ESSEN EVRESS «/342 29/1* 7/11 14/11 I*/U 21/11 23/11
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  • Page 49 Miscellaneous
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      Page 49 Miscellaneous Column 1
      307 49 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 OCOO 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 M 2.7 2.3 1.7 12 0.9 0.7 0.7 1.0 1.5 22 2.1 2.9 2.1 2.4 1.1 1.2 0.7 0.5 05
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      Page 50 Advertisements Column 1
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      148 50 C TECHNOLOGY I Tomorrow in Business Times *11If* Jardine Shipbrokers is a wholly-owned subsidiary of the Jardine Matheson Group PB which is one of the largest conglomerates in the H Asia Pacific Region. In our strive to expand our operation, we are presently inviting c jy namic individuals to join
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