The Business Times, 20 October 1994

Microfilm: NL19583
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    12 1 SINGAPORE BusinessTimes WE KNOW ASIA MITA(P) 010/12/93 Thursday October 20 1994 75*
    12 words
  • 2am LATEST
    • Article
      Lock icon Dow up 26 points
      102 1 Reuter NEW YORK Stronger-than-expected corporate earnings reports lifted blue-chip stocks higher at midsession yesterday. At Ipm EDT, in the broader market, advancing issues led declines by a small margin on volume of 179 million shares on the NYSE The dollar's continued recovery from its fall on
      Reuter  -  102 words
  • Article
    MARKET SUMMARY
    163 1 Stock mirfctt indicts Wednesday Change STII 2,364.11 -19.87 KLSE Comp 1,118.86 +0.12 Nikkei 19,868.87 -123.53 Hang Seng 9,320.06 -98.51 SET Index 1,501.42 -0.24 JakiutaComp 518.98 +8.35 CLSA China B ....1,162.90 +1.10 Aust All Ord 2,013.4 +10.0 FTSE 100 3,060.8 -24.5 Wednesday Prerious 2pm EDT close Dow Jones 3,943.78
    163 words
  • Article
    KL corporate scene hots up as 4 more firms suspend trading
    592 1  -  By Amy Balan SINGAPORE Trading in the shares of four more Malaysian companies was suspended yesterday as the corporate scene bubbled with activity. The suspensions yesterday brought to 16 the number of counters in Malaysia placed in limbo since
    592 words
  • Article
    Asian stock markets drift lower
    294 1 SINGAPORE The seventh anniversary of the infamous Black Monday passed quietly yesterday, with most Asian markets finishing lower on moderate volumes. However, the threat of interest rate hikes, a cause of the Oct 19, 1987, global stock crash, loomed large in brokers' minds and sidelined
    294 words
  • Article
    Cambodia central bank ends tie-ups with foreign banks
    307 1  -  From Harish Mehta in PHNOM PENH THE National Bank of Cambodia is dropping its joint-ven-tures with five foreign commercial banks after being advised to do so by the International Monetary Fund. The IMF asked the National Bank Cambodia's central bank to terminate
    307 words
  • Article, Illustration
    Lock icon S'pore dollar hits record high against US currency
    366 1 SINGAPORE The Singapore dollar breached psychological resistance at 551.47 to end at a record high of S$ 1.4672 against the US dollar yesterday. The local dollar traded around S$ 1.4710-20 against the greenback most of the day and only rose sharply in
    Source: Bloomberg  -  366 words
  • Article, Illustration
    PM Goh: Time to forge missing Asia-Europe link
    524 1  -  From Walton Morais in Paris PRIME Minister Goh Chok Tong yesterday said the time was right for a dialogue at the highest level between Europe and Asia to forge what he called the "missing link" in a tripolar economic world comprising North
    524 words
  • Article
    S'pore has useful role in Asia's infrastructure projects: Dr Hu
    203 1  -  From S N Vasuki in JAKARTA FINANCE Minister Richard Hu said yesterday Singapore could play a useful role in Asia's infrastructure development, and he urged foreign investors to forge links with established Singapore companies to participate in regional infrastructure projects.
    203 words
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      198 1 CERRUTIIBBI I SWISS WATCHES Time is on my side DYNASTY WATCH PTE LTD, Tel: 733 '2765 CONTENTS STpwe New 2 ".19.20^1 Regional News 14,5 Financial 23.24 World News 6.8 r. Markets Analyse 17 CM>/N.S£. SES 28-30 Editorial 16 fe«»nal 26 Sport! 13 World 2] TV/West* 15 Currencies 24 trtlHlpUiw Tel
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      30 1 u Smart homes for S'pore Two views on equity accounting for dividends, Pg 12 US trade deficit shrinks 13 Pg 18 TAS shortlists eight for mobile phone tender, Pg 2
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      10 1 Hock Lock Siew: pg 19 Tokyo share valuations get real
      10 words
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      18 1 #g_y nLH'"-" w-i right in China WBL expected to sell O'Connor's stake, Pg 19 Regional markets, Pg 26-30
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      110 1 ***** a Fufrrsu TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; 235 1333 Kuala Lumpur: Phone, 757 0233 Pawns: Phone. 615 985/619 014 Jakarta: Phone. *****9/*****8 Cutting trade barriers boldly is in Asia's interest, Pg 18 Cantonese Cuisine, available only at the Grand Pavilion. Let our chefs remind you of
      110 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Electronics output leads the way
        271 2  -  By Genevieve Cua MANUFACTURING industry rebounded in August with 12.9 per cent growth, after a lull in July. The electronics sector led the way with 25.2 per cent expansion, according to the Economic Development Board's latest index of industrial production. In July, manufacturing grew 10.6
        Source: investamatic  -  271 words
    • Article
      Defence changes tack to claim of improper conduct
      301 2  -  The Pacific Can Case By Ramesh Divyanathan PACIFIC Can Investment Holdings yesterday amended its defence in the suit taken out by its former chairman, Edward Goh. The company, represented by its lawyer K Shanmugam, now alleges that Mr Goh had improperly obtained
      301 words
    • Article
      TAS shortlists 8 for mobile phone tender
      431 2  -  By Genevieve Cua EIGHT consortia have been shortlisted to take part in the final tender for Singapore's second mobile phone licence. Another eight groups have been pre-qualified to tender for the three paging licences that are up for grabs. The Telecommunication Authority of
      431 words
    • Article
      Three URA sites in Chinatown, Rochor up for tender
      360 2 THE Urban Redevelopment Authority (URA) is selling by tender the first two of seven land parcels in the Chinatown district under the China Square Concept Plan. In a statement yesterday, the authority also said it was selling a plot of land
      360 words
    • Article
      Retail sales down 7.3% in Aug; gloom may stay till Christmas
      304 2  -  By Corinne Kerk THE dark clouds hanging over the retail industry are likely to stay for some time, judging by the latest retail sales index. Retail sales in August came to $1.59 billion, representing a year-on-year decline of 7.3
      304 words
    • Article
      Fewer women tying the knot, more marriages breaking up
      411 2  -  By Chuang Peck Ming IT'S official fewer Singaporean women are getting hitched, while the number of marriage break-ups has risen. For every 1,000 single women aged between 15 and 44 in 1993, an average of 59.7 tied the knot compared with
      411 words
    • Article, Illustration
      Good product design a necessity: President Ong
      230 2 TO GIVE a product competitive edge over other similar products, local manufacturers and industrialists should realise that good product design is not an optional extra, but a necessity. This point was put across by President Ong Teng Cheong at the launch of the
      230 words
    • Article
      Smaller US firms beating path to Asia, says California leader
      329 2  -  Reports by Claire Leow THE Lieutenant-Governor of California, Leo McCarthy, said yesterday that more small and medium-sized US firms are moving to Asia to tap new markets. "The names that get noticed are the multinational corporations but the most important
      329 words
    • Article
      US-based Linear opens Yishun plant
      286 2 CALIFORNIAN semiconductor firm Linear Technology is setting up new plants here and in Malaysia. Yesterday it opened an Asia-Pacific headquarters and factory for testing and final assembly at Yishun. It is also building an assembly plant in Fenang. which will be ready soon. Linear came
      286 words
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      58 2 INVESTING 94 What's hot? What's not? Find out from the experts in Investing '94. Get their views on stockmarkets, bonds, Simex futures, currencies, commodities, property prices, golf memberships and collectibles. Get their advice on managing risks, private banking, unit trusts, insurance and taxes. INVESTING '94 a BT special supplement Free
      58 words
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  • SOUTH-EAST ASIA
    • Article
      Thaksin almost certain to be next Thai foreign minister
      365 3  -  From Loh Hui Yin in BANGKOK THE WAY is almost clear for millionaire businessman Thaksin Shinawatra, whose nomination has stirred up so much controversy, to become Thailand's next foreign minister. The indication came yesterday evening from Prime Minister Chuan Leekpai, who
      365 words
    • Article
      Regional govts open highway projects to foreign participation
      430 3  -  World Infrastructure Forum From S N Vasuki in JAKARTA WITH road bottlenecks a threat to continued economic growth, many regional governments have opened the sector to foreign and private sector participation. But analysts feel the privatisation of Asian highways will be a
      430 words
    • Article
      Lock icon Subang fire: French firm responds
      148 3 AFP KUALA LUMPUR A French radar firm yesterday said that a fire which knocked out a radar in Kuala Lumpur's international airport did not start from their equipment but from an air-condi-tioner sub-contracted locally. A blaze on Aug 13 damaged the airport's M$ 16 million
      AFP  -  148 words
    • Article
      Lock icon KL banks to raise deposit rates
      58 3 Bloomberg Business News KUALA LUMPUR Malaysia's leading banks are expected to raise their one-month deposit rates by 0.25 percentage point to 4.25 per cent today. Bankers and traders said yesterday banks were likely to raise their deposit rates in response to pressure from the
      Bloomberg Business News  -  58 words
    • Article
      Lock icon Vietnam to buy Hughes phones
      87 3 AP HANOI Vietnam has agreed in principle to buy wireless telephones worth at least US$lOO million from the US telecommunications firm Hughes Network Systems. A company representative yesterday said Hughes planned to supply the country's commercial hub, Ho Chi Minh City, with a system of
      AP  -  87 words
    • Article
      Lock icon KL questions IMF
      69 3 Reuter KUALA LUMPUR Prime Minister Mahathir Mohamad yesterday raised questions about a ruling by the International Monetary Fund (IMF) restricting Malaysia from promoting a palm oil credit scheme for consuming countries. "We want to find out why we are not allowed to give credit but others are
      Reuter  -  69 words
    • Article, Illustration
      Lock icon UK seeks to be Malaysia's financial home in Europe
      373 3 Reuter Bernama KUALA LUMPUR British Trade Minister Michael Heseltine, breaking the ice after Malaysia ended a ban on British business, yesterday said that Britain wanted to be Malaysia's financial home in the European market. In opening remarks at a meeting with
      Reuter; Bernama  -  373 words
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      186 3 First we gave you more space. UrtPil;.... J HHHpHPHSMHPWPMnHMMBI Now we're giving you more spaces. %J(k« %Mk. 1W iS^^F wl Iwl Iwl fw w w Jm^^F Announcing our new 747-400 service with 30% increase in World Business Class from Oct. 30. Our World Business Class has may notice that 18
      186 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon China to declare bankrupt some state-owned factories
      421 4 Reuter AFP BEIJING Deficit-plagued China yesterday said it soon would declare bankrupt an unspecified number of stateowned factories that had been soaking up state subsidies with no hope of reversing their losses. The State Council, or Cabinet, will identify the doomed firms in
      Reuter; AFP  -  421 words
    • Article
      Lock icon Chinese department stores plan retail chain to fight foreign competition
      264 4 Bloomberg Business News BEIJING A consortium of major Chinese department stores aims to set up a retail chain to meet stiff competition from foreign retailers. The China Daily yesterday said that National Hualian Mansion Corp was formed by a commercial
      Bloomberg Business News  -  264 words
    • Article, Illustration
      Lock icon Perry makes no headway in talks with Jiang
      459 4 Reuter WUHAN, China US Defence Secretary William Perry broke no new ground on human rights yesterday in talks with Chinese President Jiang Zemin despite a clear warming of Sino-US military and political ties. "They (the talks) were warm and very positive," Mr
      Reuter  -  459 words
    • Article, Illustration
      Lock icon Media, media on the wall
      40 4 AFP SHANGHAI A fashion advertisement displayed by an enormous electronic billboard towering above pedestrians on this street corner here over the weekend. Such high-tech ads are becoming common in Shanghai, China's most populous city. AFP
      AFP  -  40 words
    • Article
      Lock icon Taiwan watchdog impeaches 3 generals over arms scandal
      255 4 Reuter TAIPEI Taiwan's top watchdog body, the Control Yuan, yesterday impeached three navy generals for failing to supervise subordinates over an arms scandal that led to the downfall of the navy chief. "A total of 22 naval officers under the three's supervision
      Reuter  -  255 words
    • Article
      Lock icon Latest HK land auction not a good litmus test
      307 4 Bloomberg Business News HONGKONG Small lot size and awkward location will make today's public land auction less important than usual as an indicator of the property market's direction. Analysts yesterday said that of the two lots on auction, one was just
      Bloomberg Business News  -  307 words
    • Article
      Lock icon China to produce 1.35m cars this year
      99 4 AP BEIJING China will produce and sell 1.3S million cars and three million motorcycles this year, a government forecast said yesterday. The forecast was higher than an earlier one made by a Chinese government official in September that China would produce 1.1 million
      AP  -  99 words
    • Article
      Lock icon HK's anti-corruption body censured
      89 4 Bloomberg Business News HONGKONG The Legislative Council on Tuesday reprimanded the government's Independent Commission Against Corruption (ICAC), saying it practised "double standards" in handling personnel matters, the South China Morning Post reported yesterday. In December 1993, the ICAC fired its deputy director of operations, Alex Tsui
      Bloomberg Business News  -  89 words
    • Article
      Lock icon Taipei, Beijing start oil talks
      91 4 AFP TAIPEI Taiwan's state-run Chinese Petroleum Corp (CPC) yesterday started talks with China in Singapore over joint oil exploration, CPC officials said. Seven delegates from the CPC and the Chinese National Ocean Oil Corp (CNOOC) were looking at the prospects of jointly exploring for petroleum
      AFP  -  91 words
    • Article
      Lock icon Mexico to keep tariffs on China goods
      90 4 Bloomberg Business News MEXICO CITY Mexico's Commerce Ministry said on Tuesday it will keep anti-dumping tariffs on a wide range of Chinesemade products. The move comes as the government concluded several investigations into accusations that Chinese producers were selling their products at below-market
      Bloomberg Business News  -  90 words
    • Article
      Lock icon Beijing seeks investment in agriculture
      75 4 Reuter BEIJING China is seeking US$6OO million (SSBB2 million) in foreign investment in 216 agricultural projects to modernise its farm industry, the China Daily said yesterday. The projects would involve irrigation and soil development afforestation, dairy, livestock, fishery, grain production, science and technology research, and
      Reuter  -  75 words
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      230 4 THE UNIVERSITY OF HULL England 1927 IMBA i ES -OVER 100 CM*, MD>, CEOs UREUY IN THE PROGRAMME!" WW "ONE OF THE MOST ESTMUSNED IN SINGAPORE" (BEBBB HHH First to offer TQM and a Systems Approach to Creative RRVfIpH Problem Solving the management philosophy of the 1990s I|OMNM| First to
      230 words
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      139 words
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  • REST OF ASIA
    • Article
      Lock icon Proposal to legalise pachinko gambling boosts some shares
      473 5 Bloomberg Business News TOKYO A proposal to legalise the gambling that has become integral to pachinko, a pinball game that ranks among Japan's favourite pastimes, is boosting shares in companies that make the noisy machines. Last week, an advisory panel to the
      Bloomberg Business News  -  473 words
    • Article
      Lock icon India to introduce value-added tax for manufacturing sector
      228 5 AP NEW DELHI India will soon introduce a value-added tax system covering the entire manufacturing sector to expedite its economic reforms process, Finance Minister Manmohan Singh said yesterday. The VAT is a multi-stage tax that is levied on the value added at
      AP  -  228 words
    • Article, Illustration
      Lock icon Marriage made in heaven?
      71 5 Reuter BOMBAY The sky's the limit as far as Indian couple Dilip and Sunita Popley are concerned. The happy pair took their wedding vows 9.2 km above Bombay in an Airbus A-310 on Tuesday. The flight of fancy was organised by the groom's father, Dubai-based expatriate
      Reuter  -  71 words
    • Article
      Lock icon Japan's intelligence community wants umbrella spy agency
      344 5 Reuter TOKYO Japan's intelligence community, heavily dependent on the United States for secret information, is quietly trying to convince political leaders the time has come to expand and form a spy agency such as the CIA. The aim is to make Japan's intelligence-gathering
      Reuter  -  344 words
    • ASIANOTES
      • Article
        Lock icon Support for Murayama falls
        72 5 AFP TOKYO Public support for Japanese Prime Minister Tomiichi Murayama's Cabinet fell for the first time since it was formed on June 30 due to the decision on a tax hike, the Jiji Press news agency said yesterday. The approval rate stood at 37.8 per cent,
        AFP  -  72 words
      • Article
        Lock icon Seoul-Beijing pact on N-energy
        45 5 Reuter SEOUL South Korea and China have agreed to cooperate in the peaceful use of nuclear energy, the foreign ministry said yesterday. "A provisional agreement was signed in Beijing and the formal signing will be held later," a spokesman said. Reuter
        Reuter  -  45 words
      • Article
        Lock icon Japan's power consumption up
        57 5 Bloomberg Business News TOKYO Japan's electricity use rose 15.4 per cent in September from a year ago to 69.6 billion kilowatts, the Federation of Electric Power Companies said in a release. Electricity demand jumped 22.2 per cent in August. Electricity use by manufacturers rose 5.7 per
        Bloomberg Business News  -  57 words
      • Article
        Lock icon New trade watchdog for arms planned
        72 5 AFP TOKYO Western countries are likely to agree in late November to form a new trade watchdog designed to control exports of arms and military-sensitive products to prevent regional disputes, the Yomiuri Shimbun said yesterday. The decision on the new body, which will replace
        AFP  -  72 words
      • Article
        Lock icon US to press Tokyo for early talks
        49 5 Bloomberg Business News WASHINGTON US Trade Representative Mickey Kantor said he would send a letter to Japanese Trade Minister Ryutaro Hashimoto to call for an early reopening of trade talks on Japan's auto and autoparts market, Jiji Press and NHK news reported.
        Bloomberg Business News  -  49 words
    • Article
      Lock icon Building, retail data shows NZ economy not slowing down
      218 5 Reuter WELLINGTON Strong construction and retail sales data for August indicate that the New Zealand economy is not slowing down. But economists yesterday said it might be too earty to evaluate the effects of a round of interest rate rises in
      Reuter  -  218 words
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      185 5 "**7 \0 y j[Jfl*&ht attendants are merely deep-rooted, instinctive grasp of J? 2' selected for their work ethic. They hospitality. We t jJH "Hb mm are a,u picked with one are delighted to say that this sH wi Ml I K^V It has often been said that the fM I
      185 words
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  • THE WORLD
    • WORLDWATCH
      • Article
        Lock icon 10b-peso mint burglary in Colombia
        92 6 AFP VALLEDUPAR, Colombia Thieves broke into Colombia's currency-printing mint during the weekend and made off with 10 billion pesos (about 5518.4 million), police said on Tuesday. The authorities have not been able to work out how five or six burglars got into one of the
        AFP  -  92 words
      • Article
        Lock icon 44% for Clinton on foreign policy: poll
        113 6 AP NEW YORK Americans are more approving of President Bill Clinton's handling of foreign policy these days and less happy with his economic management, according to a CBS News poll released on Tuesday. Overall, 44 per cent approved ot Mr Clinton's job performance,
        AP  -  113 words
      • Article
        Lock icon Dutch jobless rate rises to 7.6%
        81 6 Bloomberg Business News AMSTERDAM The rate of unemployment in the Netherlands rose to 7.6 per cent in the third quarter from 7.2 per cent in the previous quarter, the Central Bureau of Statistics said yesterday. The government agency said on average, 484,000 people were
        Bloomberg Business News  -  81 words
      • Article
        Lock icon Ah, tweet revenge
        108 6 Reuter LONDON Songbird nests are hotbeds of adultery but fathers wreak their revenge by putting illegitimate baby birds on short rations, scientists have found. A study of reed buntings by a team from Britain's University of Leicester showed the females were particularly flighty. The scientists, whose findings
        Reuter  -  108 words
    • Article
      Lock icon EU proposes bigger free trade area by 2010
      309 6 Bloomberg Business News BRUSSELS The European Commission yesterday proposed setting up a free trade area of 800 million people covering the whole of Europe, Africa and the countries J>f the Eastern Mediterranean. European Union leaders will be asked by the EU excculive
      Bloomberg Business News  -  309 words
    • Article
      Lock icon US inflation is under control, says Fed economist
      526 6 Bloomberg Business News NEW YORK The United States Federal Reserve has been able to prevent inflation from heating up even though factories are operating at high capacity and the labour market is close to full employment. Frederick Mishkin, director of research at
      Bloomberg Business News  -  526 words
    • Article, Illustration
      Lock icon Cushioning the blow
      50 6 Reuter EILAT, Israel An Israeli army sapper using large rubber sponge shoe pads to walk out of a minefield and back through a fence into Israel yesterday. The area was being cleared of old mines in preparation for the Israel-Jordan peace treaty signing ceremony next week. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Three economic classes emerge from former communist E Europe
      282 6 AFP LONDON Five years of reform have broken former communist countries in east Europe into three economic classes led by Baltic states, with Russia in the middle group and the rest of the old Soviet Union falling behind. The European Bank
      AFP  -  282 words
    • Article
      Lock icon Yeltsin dismisses reports that PM is quitting
      297 6 AFP Reuter MOSCOW Russian President Boris Yeltsin said yesterday he had full confidence in Prime Minister Viktor Chernomyrdin and dismissed rumours the premier was about to resign as nonsense, Interfax news agency said. But Mr Chernomyrdin broke ofT his holiday at the Black
      AFP; Reuter  -  297 words
    • Article
      Lock icon Bid to cut foreign participation in US technology programmes
      341 8 Foreign MNCs contributing little to R&D development in US: report Bloomberg Business News WASHINGTON An advisory agency has recommended that Congress consider limiting the participation of foreign companies in US government technology programmes. The US Congress' Office of Technology Assessment (OTA),
      Bloomberg Business News  -  341 words
    • Article
      Lock icon Electronic cash system to buy and sell through computers goes on trial
      475 8 NYT CHICAGO The first trials of an international electronic cash system was to begin yesterday, with a bankroll of one million "cyber bucks" and several hundred volunteers eager to spend them, the system's developer said on Tuesday. Digicash
      NYT  -  475 words
    • Article
      Lock icon Major Thatcher against allegations of impropriety
      321 8 AP LONDON Prime Minister John Major defended Margaret Thatcher on Tuesday against allegations that her son made millions from a Saudi Arabian arms deal negotiated when she was prime minister. "I have no doubt that Lady Thatcher acted with complete propriety throughout her long
      AP  -  321 words
    • Article
      Lock icon German rates unlikely to fall soon: economist
      382 8 Reuter FRANKFURT The Bundesbank is likely to keep a tight rein on official rates until it sees a reasonable conclusion to the 1995 wage round, said Norbert Walter, chief economist at Deutsche Bank. "In the next few months, the Bundesbank can only keep
      Reuter  -  382 words
    • Article
      Lock icon Tietmeyer raps EC for being soft on members with excessive debt
      427 8 Bloomberg Business News FRANKFURT Bundesbank President Hans Tietmeyer expressed concern that high-debt countries are being let off the hook in Europe's move towards an economic union with a single currency. He spoke out on Tuesday against the European Commission's
      Bloomberg Business News  -  427 words
    • Article, Illustration
      Lock icon Cracks appear in French coalition ceasefire
      359 8 AFP Reuter PARIS A ceasefire ordered by French Prime Minister Edouard Balladur in his feuding conservative coalition began to crack yesterday, just 24 hours after he called it. Mr Balladur summoned ministers on Tuesday and read them the riot act, saying their public squabbling
      AFP; Reuter  -  359 words
    • Article, Illustration
      Lock icon Warning of nuclear danger in free world
      138 8 Reuter LOS ANGELES The wortd is facing a greater danger from nuclear weapons now than during the Cold War, says Mikhail Gorbachev, the last president of the former Soviet Union. Speaking at the Environmental Media Awards presentation here on Monday, Mr Gorbachev called
      Reuter  -  138 words
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      866 6 *11, MIH 1] M Thg School of Accountancy and Business offer* both undergraduate and pastpaduate degrees in Accountancy and Business. It has highly trained faculty with extensive business and professional i experience. Many of the School's faculty members obtained their PhD degrees from internationally 1 □■<*■>>■£ renowned universities in the
      866 words
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      44 6 Ail af these securities having been told, t#iu announcement appears at a matter afrecord ow^. June 21,1994 U*****,000,000 Tenaga Nasional Berhad 7 7 /s% Notes due June 15, 2004 Price 99.636% Lehman Brothers CS First Boston Merrill Lynch Co. Commerce International Merchant Bankers Berhad
      44 words
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  • Page 8 Advertisements
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      140 words
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      Page 8 Advertisements Column 2
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      335 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      714 9 I manufacturer in particular. Oh no, I we're above that Rather it's to 1 Because our I compare the EPSON Hi-Definition H 1 P rmtheads are I Not that there's much there's less wear I i _'.|W x Vrtu cap and tear. Which I comparison, tou see, i I SET
      714 words
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      228 10 INSTITUTE OF MANAGEMENT CONSULTANTS (SINGAPORE) v V A J presents REENGINEERING: jHft, THE IMPLEMENTATION PERSPECTIVE "VBr Jk\ ■■■W^FS^wl Seminar Leader: Steve Stanton Director of Hammer and Company, co-founder of the Centre for Reengineering Leadership and one of world's foremost pioneers of reengineering. Local case studies presented by: Alan Ow, Senior
      228 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Computerised smart homes on the way
      640 11  -  With the LAN set-up, Saturday nights will never be the same again, reports Lee Wai Leong Lee Wai Leong IF A LOCAL high-tech consortium has its way, apartments will be provided with one or more personal computers (PCs) each, all linked to an in-house
      640 words
    • Article
      Market for MEM expected to grow by leaps and bounds
      452 11  -  By Claire Leow IN THE booming electronics and healthcare industries, small can be big. A small device is making waves, creating a market worth about US$l4 billion (5520.5 billion) by the turn of the century, says a report in the
      452 words
    • INTAKES
      • Article
        NEC to sell phone microcomputers
        69 11 TOKYO Japan's NEC Corp has announced plans to start selling a 15-bit one-chip microcomputer next month for mobile telephones, copy machines and other products where big internal memories are not required. It hopes to ship 300,000 units a month by the middle of next year.
        69 words
      • Article, Illustration
        Lock icon Crime in 3-D
        55 11 Reuter LONDON UK Home Secretary Michael Howard trying out "Spaceshot", a stereo viewer used by police to record the scene of a crime in 3-D. Mr Howard was at a police exhibition on Tuesday where he announced a £2 million (554.7 million) boost for closed circuit TV
        Reuter  -  55 words
      • Article
        Lock icon Breakthrough in isotope separation
        68 11 Bloomberg Business News SYDNEY Australian health and research group Sonic Technology Australia Ltd said it believes it has achieved a world breakthrough in the development of a low-cost method of separating radioactive isotopes. Because of their similar chemical behaviour, isotopes cannot be separated by normal means.
        Bloomberg Business News  -  68 words
      • Article
        Lock icon Firms to develop security devices
        62 11 Bloomberg Business News DEERFIELD BEACH. Florida Scnsormatic Electronics Corp said it will work with Texas Instruments to develop electronic security devices for office equipment. Sensormatic, the world's largest supplier of electronic security systems to stores, said it would start selling the devices next year to
        Bloomberg Business News  -  62 words
      • Article
        Lock icon Cancer-glucose link uncovered
        80 11 Reuter WELLINGTON New Zealand scientists have discovered an important link between the growth of cancer cells and their uptake of glucose from the bloodstream. Mike Berridge, spokesman for the Malaghan Institute at Wellington School of Medicine, said on Monday: 'We found that, in cancer cells, glucose uptake
        Reuter  -  80 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      142 11 Smooth as silk is a smile that comes from the heart not the handbook. 4 ————————MMM— m*' M ?r B m WUiSF ySgafes-*T« ,JBri,'; JrefeKfi-. Smooth as silk is an attitude born of a ccntuncs old culture It's the natural charm and friendliness of our cabin and ground crews It's
      142 words
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  • THE LAW PAGE
    • Article, Illustration
      How the law sees equity accounting for dividends
      1400 12  -  George Shenoy compares the lawyers' perspectives on the issue with the accountants George Shenoy The writer is senior lecturer from the division of legal studies and taxation in the Sanyang Technological University's school of accountancy and business FROM the commercial perspective, the
      1,400 words
    • Article
      WYTL v WYL
      232 12 AT THE BAR *jl WHEN is a law firm's change of name not a change of name? When the firm is dissolved and a new partnership formed with a different name. it is a distinction which few lay people bother with, but Business Times was reminded of
      232 words
    • Article
      High-tech or high noon?
      221 12 IT seems that some printing companies have been grumbling about the loss of business from law firms which used to have their stationery printed with the firm's letter-head. These letter-heads, if one has seen them, can be quite elaborate things, consisting of the firm's name, emblem
      221 words
    • Article
      PLC students' pot of gold for Rainbow
      82 12  -  By Ramesh Divyanathan POSTGRADUATE law students in the Practical Law Course (PLC) are donating more than $1,000 to a camp for children with chronic and terminal illnesses. Known as Camp Rainbow, the medically supervised camp is organised by a lawyer. Gregory Vijayendran. The
      82 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      239 12 YOU DRIVE YOUR COMPANY TO THE HIGHEST STANDARDS... ...SO DO WE. •t' iThe moment you step out from the poardroom and Into the Citroen XM you'll realise that here Is driving pleasure ~i.' without compromise. Exacting standards Pegin with l4sPhp of power at your disposal In 2.0 TurPo or l7oDhp
      239 words
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  • SPORTS
    • Article, Illustration
      Lock icon Pursuit of Vardon Trophy brings Norman to Las Vegas
      655 13 Golf AP LAS VEGAS A one-year-old scheduling mistake and some Texas rain may account for Greg Norman playing in this week's Las Vegas Invitational. The tournament, spread over five days and three desert resort courses, was not on Norman's original lineup
      AP  -  655 words
    • Article, Illustration
      Lock icon S'pore referee gets jail, fine for fixing matches
      195 13 AFP SINGAPORE Top Singapore football referee TTiiru Rajamanickam was yesterday jailed for eight months and fined Si.ooo for match-fixing. The 43-year-old, who is registered with the International Football Federation (Fifa), pleaded guilty to two charges involving match-fixing in the Malaysia Cup premier
      AFP  -  195 words
    • Article
      Lock icon Bucks, Robinson US$40m apart on a deal
      469 13 AP MILWAUKEE The Milwaukee Bucks took the unusual step on Tuesday of going public with their contract offer US$6O million (SsBB million) guaranteed over nine years to top draft pick Glenn Robinson. They went even further by confirming exactly what Robinson has been
      AP  -  469 words
    • Article
      Lock icon NBA kicks off record 11 pre-season games outside US
      402 13 AP •JPARIS The game had a lit- tie of everything a lot of Jupoints, flamboyant dunks, 3- point shots, 3-point fouls, air calls, illegal defences, technical fouls and even Manute 80l scoring. The NBA kicked off a record 11 pre-season games
      AP  -  402 words
    • Article, Illustration
      Lock icon Speeding to a record
      57 13 Reuter SAN DIEGO America's Tom Gentry and Richie Powers smashed the Class 1 off-shore powerboat speed record yesterday in their 40-ft Scater Catarmaran called Team Gentry. The boat set a speed of 157.428 miles per hour over a one-kilometre course breaking the record of 148.238 mph
      Reuter  -  57 words
    • Article
      Lock icon San Diego coach isn't thinking of Super Bowl despite clean record
      497 13 AP SAN DIEGO His team is 6-0 and the only one in the NFL yet to lose. No matter. Bobby Ross can't afford the luxury of thinking about something as distant as the Super Bowl. On Tuesday, the San
      AP  -  497 words
    • SIDELINES
      • Article
        Lock icon Asian Games athlete sold his medals
        96 13 AFP TOKYO A Japanese journalist helped an athlete sell his Asian Games gold and silver medals for US$l,5OO (552,205), his newspaper admitted yesterday. The Asahi Shimbun said it regretted the action of its reporter in aiding the athlete from the Central Asian republic to
        AFP  -  96 words
      • Article
        Lock icon Eastman Kodak pips rival Fuji
        72 13 AP ROCHESTER, New York Eastman Kodak Co has signed on as the first international sponsor of the 1998 Winter Olympics in Nagano, Japan, outbidding rival Fuji Photo Film Co on its home turf. Kodak would not say how much it paid in the deal, which
        AP  -  72 words
      • Article
        Lock icon St Andrews protects its links
        105 13 AP ST ANDREWS, Scotland Golfers will have to use plastic to play at the home of golf this winter. It's not a move to insist on credit card payments, it's just a way of protecting the links, which will stage the British Open in July.
        AP  -  105 words
      • Article
        Lock icon £30,000 bonus to bring back Ashes
        57 13 AFP LONDON Glory isn't the only thing England's cricketers will be chasing on their Australian tour. Before Mike Atherton's squad flew from here on Tuesday, they were told of a cash bonus of more than £30,000 put up by the team's sponsor Tetley Bitter
        AFP  -  57 words
    • SCORECARD
      • Article, Illustration
        Golf
        80 13 VIRGINIA WATER, England European PGA Tour leading money winners (earnings from the Dunhill Cup and the World Match Play Championship do not count towards the money list): I Colin Montgomerie (Scot) U*****,379 2 Seve BalIcstcros (Spn) 682,273 3 Jose Maria Olazabal (Spn) 680.786 4 Bcrnhard Langer (Gcr) 635.450 5
        80 words
      • Article, Illustration
        Soccer
        110 13 PARIS LEFA Cup 2nd-rd, Istleg Tuesday: Kispcst Honved (Hun) 0 Bayer Leverkusen (Gcr) 2; GKS Katowice (Pol) 1 Bordeaux (Fra) 0; Trabzonspor (Tur) 1 Aston Villa (Eng) O. Slovan Bratislava (Slov) 2 Borussia Dortmund (Ger) I; Dynamo Moscow (Rus) 2 Real Madrid (Spn) 2; Admira Wackcr (Aus) 1 Cannes
        110 words
      • Article, Illustration
        Tennis
        276 13 HONGKONG Beijing Open Ist rd Tuesday: Michael Chang (US) b Maurice Ruah (Ven) 6-4 4-6 6-3; Albert Chang (Can) b Xia Jiaping (Chn) 6-2 6-1: Alexander Mronz (Ger) b Pan Bing (Chn) 7-6 (7/5) 2-6 6-4; David Adams (Aust) b Jamie Morgan (Aust) 7-6 (7/4) 6-4; Jim Grabb (US)
        276 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      192 13 RJt STANSFIELD THAMES ri|| ADVANCED VALLEY |L Ll MANAGEMENT TVU UNIVERSITY EWi DEVELOPMENT CENTRE Linked Commencement: November 1994 Thames Valley University is one of the larger Universities in the U.K. with about 19,000 students and is a centre of excellence for Human Resource and executive Development. Stansfield Advanced Management Development
      192 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      1264 14 where to wine, oine and entertain or Enougko Enougko EnoMgko "Enougfi is enough. 35 appetisers, 20 desserts plus main courses. 'When our guests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they always endup conceding that theyve had more than enough. Come
      1,264 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Tourists return as guns fall silent
      577 15  -  Andrew Tarnowski Though far from its old glory, Lebanon still has a lot to offer, says Andrew Tarnowski Reuter WITH the civil war starting to fade into memory and peace in the Middle East apparently just round the corner, foreign tourists are finally coming
      Reuter  -  577 words
    • Article
      Lock icon Tracking down a serial killer
      319 15 CHATTERBOX AP AP AP DONALD Sutherland is on the trail of the worst serial killer in modern times. The actor is in Budapest, Hungary, to film Citizen X, a movie based on the true tale of Andre Chikatilo, who tortured, killed, and often ate, at
      AP  -  319 words
    • Article, Illustration
      An excess of sentimentality
      520 15  -  Benjamin Loh on pianist Fou Ts'ong's performance Benjamin Loh WITH all the hype and fanfare preceding Fou Ts'ong's recital at the Victoria Concert Hall on Tuesday evening, it was difficult not to have high expectations of an artiste who has been hailed by Time magazine as
      520 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      190 15 Classic Colonial Restaurant... Sang Yong Sharksfin House 81 Tanjong Pa gar Road Singapore 0208 Tel: 323 7883 Fax: 475 3383 FREE BUS PLUS SERVICE for your business lunch (Cecil St Battery Rd Shenton Way Tanjong Pagar Rd) Dial-A-Service Available 20% Discount on A-la-carte Menu Limited Period Only Sharksfin seafood special
      190 words
    • Advertisement
      Page 15 Advertisements Column 2
      144 15 Singapore Preview: The Hyatt Regency Singapore Sir Henry Keppel Room 1,11,11 l 22-23 October, 1994 10:00 a.m. 6:00 p.m. (OPEN TO THE PUBLIC) Hong Kong Preview: Hilton Hotel 27-31 October 1994 <-«*. 10:00 a.m.-6:00p.m. Auctions in Hong Kong I JtSflft I at the Hilton Hotel: 30 October i Fine Chinese
      144 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1161 15 TV RADIO ■BEH Edward Scissorhands, 8.30pm, Johnny Depp sweetly engag- '>> ing as a boy who has a mS scissors for Avon lady (Dianne Wiest) takes him into J r her suburban home, where he §1 > daughter (Winona Ryder). He becomes celebrity until he is accused of burglary. A
      1,161 words
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  • Article
    Kohl's uncertain future
    526 16 EDITORIAL THE re-election of Germany's chancellor Helmut Kohl can hardly be classed as a vote of confidence, either in him or for him. The one thing that he needed at this time was an endorsement from voters of policies that are crucial to his country's future; this
    526 words
  • WHAT THE OTHERS SAY
    • Article
      Germans avoid the unknown
      312 16 GERMANS, opting for continuity, voted for Chancellor Helmut Kohl's centre-right coalition to give him a fourth term that may see more of consensus politics in an evenly divided polity. It was a hard-fought campaign in which prudence ruled the day. But while the voters avoided change,
      312 words
    • Article
      Ambassadors of goodwill
      125 16 DURING HIS visit to France, Prime Minister Goh Chok Tong called upon expatriate Singaporeans to serve as unofficial spokesmen in their adopted countries. While acknowledging that Singapore lost "good daughters" (or sons), he was gratified that a Singapore Club in Paris has gone from strength to strength
      125 words
    • Article
      Cool Kohl scrapes through
      202 16 THE NARROW VICTORY by Chancellor Helmut Kohl is evident that the majority of Germans have still opted for the "growth based on stability" policy advocated by the ruling coalition. It shows that they remain confident of the government's prudent monetary and fiscal policy. As a matter
      202 words
    • Article
      Chance to close the Irish chapter
      102 16 BRITAIN'S Prime Minister John Major could not believe his luck last week. As the Conservative Party conference droned on in Bournemouth, Northern Ireland's loyalist paramilitaries announced a ceasefire six weeks after the predominantly Catholic Irish Republican Army laid down their arms. For the first
      102 words
    • Article
      Jakarta's two positive measures
      108 16 TWO significant approvals by the House of Representatives (DPR) last week deserve more praise than they have been given. One was the decision to amend the 10-year-old taxation system. The amendments will basically expand the functions of this country's taxation system beyond its previous revenue-providing and
      108 words
    • Article
      The peace process must go on
      148 16 THE Norwegian committee that each year picks the winner of the Nobel Peace Prize neither shuns controversy nor courts it. The consistent element in the choice of prize-winners appears to be the committee's ambition to strengthen those who are in a position to further
      148 words
  • Article, Illustration
    Lock icon American television invades the world
    867 16  -  Realising that future growth lies beyond their shores, US media companies are seeking stakes in networks abroad. Richard Covington reports Richard Covington IHT FACED WITH dwindling growth opportunities in the United States, American media giants such as Viacom Inc, Time Warner Inc, Walt Disney Co
    IHT  -  867 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      29 16 This announcement appears as a matter of record only. Malayan Credit Limited Placing of 15,000,000 shares for 5552,500,000 Arranged by Jardine Fleming Vickers Ballas Co. (Pte) Ltd. October 1994
      29 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      38 16 /-tv4\ is p\ V^ss- D^- cuwP iis TMC TgoOgLE. /7 f C A»»QCIATIO WWtPAXM LTD, IM3-IM4 frtcK^ POOWESBURY GARRY TRUDEAU TESttT&YSSwTJM KESPecT.QFooußse.isxw \ne/,ueu&eDotuNßfT£N t TSjT^nounSS^^S^ IN CHARACTER THAT (XV- M IHIN6THAPS dAPNBP. UTS BUT U£CA*e BACK ANPK)CXB> B£TWA'
      38 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Fresh challenge for the two biggest tigers
      1512 17  -  Increasing regional competition is forcing Taiwan and South Korea to run faster to stay ahead, says Guy de Jonquieres Guy de Jonquieres FT THE seemingly unstoppable rise of East Asia's "tiger" economies is one of the industrial miracles of the late 20th century.
      FT  -  1,512 words
    • Article, Illustration
      All set for a summer of wage-wrangling
      789 17  -  Peter Lynch sees the battlelines drawn as enterprise bargaining takes centrestage in Australia Peter Lynch The writer is based in Sydney He contributed this article to BI AUSTRALIAN Prime Minister Paul Keating bought himself a new house recently. At A 52.2 million (552.38
      789 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      75 17 ,4-,- u..-! mm H A Banco Santander I i r i We are pleased to announce j the official opening j of our Singapore Branch on j 20th October 1994 K 20 Raffles Place #27-00 Ocean Towers Singapore 0104 j Office: Tel No: *****78 Fax No: *****79 Dealing Room: Tel
      75 words
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  • Article
    Lock icon US trade deficit shrinks by 12.9%
    533 18 Improvement comes despite record imports of Japanese goods in August Bloomberg Business News AP WASHINGTON America's foreign trade deficit shrank by 12.9 per cent in August despite the fact that Japanese imports into America surged to a record high. The Commerce Department yesterday said
    Bloomberg Business News; AP  -  533 words
  • Article
    Cutting trade barriers boldly is in Asia's interest: PM Goh
    491 18  -  PM Goh in France Reports by Walton Morais in PARIS THE best way Asia can help Europe to remain open to trade and investment is for Asia itself to open up more boldly and quickly, Singapore Prime Minister Goh Chok
    491 words
  • Article
    Dealing with problems of success
    335 18 WHILE his predecessor Lee Kuan Yew had had to deal with the challenges of development, Prime Minister Goh Chok Tong said in an interview published yesterday that he had to manage the "problems of success". In an interview with French daily Le Monde. Mr Goh
    335 words
  • Article, Illustration
    Clinton's right in expanding Sino-US military ties
    696 18  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent THE VISIT by United States Secretary of Defence William Perry, the Clinton administration's most dynamic foreign policy official, to Beijing, and the formation of a joint commission to help China
    696 words
  • Article
    Finance regulators warned of big problems from cross-border capital flows
    477 18  -  From Anthony Rowley in TOKYO A WARNING that huge cross-border flows of private capital could pose major problems for financial regulators possibly giving rise to systemic risks was issued in Tokyo yesterday when the International Organisation of Securities Commissions (IOSCO)
    477 words
  • Article
    Lock icon Myanmar's road to privatisation stays rocky
    350 18 Reuter YANGON Six years after scrapping central planning, Myanmar has started a broad policy of privatisation which could include transferring the key mining, minerals and agriculture sectors out of state control. Diplomats and local businessmen say that although the military government has attracted some
    Reuter  -  350 words
  • Article, Illustration
    Lock icon Havoc on the highway
    44 18 Reuter TOMBALL, Texas Ali Abuain abandoning his car just before it was swept away by the rising waters at the Spring Creek Bridge north of Houston near Tomball, Texas on Monday. Floods threatened more havoc in south-eastern Texas on Tuesday.
    Reuter  -  44 words
  • COMPANYRESULTS
    • Article
      Lock icon Compaq: earnings rise 88%
      84 18 Bloomberg Business News HOUSTON Compaq Computer Corp, citing strong sales increases worldwide, said third-quarter earnings rose 88 per cent from last year's levels on a 63 per cent increase in revenue. The Houston personal computer maker reported net income of US$2Ol million (***** million), or 75
      Bloomberg Business News  -  84 words
    • Article
      Lock icon Coca-Cola: profit surges
      97 18 Bloomberg Business News ATLANTA Coca-Cola Enterprises Inc, the world's largest bottler of Coca-Cola products, said third-quarter earnings more than doubled as new products and another price increase led to record soft drink sales. The Atlanta-based company posted thirdquarter net income of US$26 million (5538.5 million), or 19
      Bloomberg Business News  -  97 words
    • Article
      Lock icon BankAmerica: profit up 12.5%
      85 18 AFP SAN FRANCISCO Bank America, the second largest US bank, announced yesterday that it had a profit of US$547 million (SsBo9 million) for the third quarter, up 12.55 per cent from US$4B6 million for the same period last year. The profits total US$l.36 per share for
      AFP  -  85 words
    • Article
      Lock icon MCI: profit up 26%
      70 18 AFP WASHINGTON MCI, the second largest US long-distance telephone operator, said yesterday its net profit rose 26 per cent to US$22O million (***** million) in the third quarter of this year, up from US$l74 million. Earnings per share rose to 38 cents from 30 cents in
      AFP  -  70 words
  • Article
    Lock icon Fannie Mae working on plan to sell US$20b debt globally
    161 18 Bloomberg Business News WASHINGTON The Federal National Mortgage Association (Fannie Mae) yesterday said it is establishing a programme to sell as much as US$2O billion (5529.4 billion) worth of corporate debt to investors around the world. The facility will help
    Bloomberg Business News  -  161 words
  • Page 18 Advertisements
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        41 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. Baring. Daiwa. Fraser. Kay Hian, Morgan Grenfell. Nomura. Phillip. Wl Carr and SG Warburg.
        41 words
      • Article, Illustration
        HOT STOCK
        114 19  -  By Quak Hiang Whai SAMANDA Holdings surged by a hefty 70 cents to $5.75 before it was suspended. But the stock, which had risen to a high of $8.40 last month on takeover rumours, was still about 30 per cent from the top. Most of its short-term indicators
        114 words
    • Article
      WBL expected to sell stake in O'Connor's (M) to Tongkah
      368 19  -  By Joseph Rajendran SINGAPORE WBL Corp, which is struggling to push through a mega restructuring proposal in Singapore, is believed to be selling a part of its deemed interest in a company listed in Malaysia. About 13.2 million shares or
      368 words
    • Article, Illustration
      Sukamto exercises option to buy Metro's 50.3% Transmarco stake
      309 19 SINGAPORE Indonesian businessman Sukarman Sukamto yesterday exercised his option to buy Metro Holdings' 50.3 per cent stake in listed distribution and marketing subsidiary Transmarco. He moved after an extraordinary general meeting yesterday morning at which Metro shareholders voted in favour of
      309 words
    • Article
      Third finance firm in S'pore gets foreign tranche
      164 19 SINGAPORE Singapore Investments Finance will have a foreign tranche quoted on the Stock Exchange of Singapore today the third finance company to do so after Hong Leong Finance and Overseas Union Trust. As of yesterday, foreigners owned 19.7 per cent of Sing
      164 words
    • Article
      Jardine Fleming warrants to be listed on SES
      284 19  -  From Lim Soon Neo in HONGKONG BRITISH merchant bank Robert Fleming and Co yesterday issued ISO million call warrants on ordinary shares in the capital of Jardine Matheson Holdings Ltd to be listed on the Stock Exchange of Singapore. An application will
      284 words
    • Article
      Reality bites into Tokyo share valuations
      835 19  -  HOCK LOCK SIEW By Anthony Rowley TOKYO Battered and bruised by recent battles between foreign bulls and native bears, and half deluged by privatisation issues, the Tokyo stock market does not know whether it is standing on its head or its heels. Neither do
      835 words
    • Article
      Keppel joins consortium developing Aussie oilfield
      274 19  -  By Rahita Elias SINGAPORE Keppel Shipyard has joined a consortium involved in developing an Australian oilfield, which could lead to a multi-million-dollar ship-conversion contract for the Singapore firm. Keppel said in a statement yesterday that it had joined an interim alliance to develop the
      274 words
    • Article
      S'pore's PSC forms venture in China, buys land in M'sia
      140 19 SINGAPORE Provisions Suppliers Corporation Ltd (PSC) has formed a US$2.3 million (553.4 million) joint venture in China and bought a piece of land for M 56.6 million (Ss3.B million) in Malaysia. The company said yesterday that a newly-formed subsidiary, Mountain
      140 words
    • COMPANIES
      • COMPANYBRIEFS
        • Article
          Sincere Watch venture wins tender
          55 20 SINGAPORE Sincere Watch's joint venture company. Sincere Watch Duty Free (SDF), has won the tender to operate a duty free watch concession at Changi Airport's Terminal Two from Nov I. SDF is a 50:50 venture between Sincere Watch and Scotts Weitnauer Retailing Pte Ltd, a
          55 words
        • Article
          Sime in tie-up with US company
          71 20 SINGAPORE Sime Singapore Ltd has set up a 50:50 joint venture company with Tremco Inc of the US to market, sell and distribute sealants, waterproofing and glazing products. The company, Sime Tremco Pte Ltd, has an authorised capital of $25,000 and a paid-up capital
          71 words
        • Article
          Courts gets $30m advance facility
          71 20 SINGAPORE Courts (Singapore) Ltd has been extended a $30 million short-term advance facility (STAF) with a $15 million standby revolving credit facility as its working capital. The arranger and facility agent is UK-based merchant bank NM Rothschild Sons (Singapore) Ltd. The facility has a term
          71 words
        • Article
          Lock icon New Rakyat CEO named
          63 20 Bernama KUALA LUMPUR Bank Negara has appointed Mohamed Radzuan Abdul Halim as the chief executive officer of Rakyat Merchant Bankers Bhd (RMB). Bank Negara said yesterday Mr Radzuan replaced Md Taib Abdul Hamid, who was moving to the private sector. Mr Radzuan, whose appointment was effective
          Bernama  -  63 words
        • Article
          Lock icon KKB shares subscribed 49.81 times
          36 20 Bernama KUALA LUMPUR KKB Engineering Bhd's 2.049 million ordinary shares offered for the public were subscribed 49.81 times, Malaysian Issuing House Sdn Bhd's general manager, Puan Fauziah Ibrahim, said yesterday. Bernama
          Bernama  -  36 words
        • Article
          Lock icon M'sian setting up Aussie brokerage
          62 20 Bernama MELBOURNE A Malaysian residing in Sydney plans to set up a new stockbroking firm in Australia next month to attract investments from Malaysia. Named TA Securities (Australia), it will controlled by Richard Yap, with the remaining 49 per cent of shares to be held
          Bernama  -  62 words
        • Article
          Lock icon JC-MPH finally takes over Players
          97 20 Bernama MELBOURNE Singapore-based Jack Chia-MPH Ltd, involved in a protracted battle over months to gain control of the Australian biscuit company, Players Group Ltd, has completed the take-over bid on Monday, finishing with 94 per cent of the shares. However, it now faces the prospect
          Bernama  -  97 words
        • Article
          Lock icon PLDT to quit American exchange
          63 20 AFP MANILA Dominant carrier Philippine Long Distance Telephone Co (PLDT) is delisting from the American Stock Exchange to trade on the more prestigious New York one. The plan is "a way to be present in a bigger market", PLDT vice-president Antonio Samson said, adding its
          AFP  -  63 words
      • Article, Illustration
        Li Ka-shing and China group form S'pore investment firm
        413 20 THE CEF Group, part of Li Ka-shing's Cheung Kong Holdings, has tied up with Jiangsu International Trust and Investment Corp (Jitic) to set up an investment company in Singapore. Jiangsu-Southeast Asia Investment Company (J-SEA) will make direct and equityrelated investments in
        413 words
      • Article
        Shares of Thailand's Sri Dhana up on news of rights issue and DBS venture
        436 20  -  From Loh Hui Yin in BANGKOK A GENEROUS rights issue with warrants thrown in for existing shareholders and prospects of stronger earnings from a stockbroking joint venture with DBS Bank sent Sri Dhana Finance and Securities'
        436 words
      • Article
        Lock icon Sime Darby, Norway's Aker tie up to compete for oil and gas deals
        306 20 Bernama KUALA LUMPUR The Sime Darby group has teamed up with the Norwegian oil and gas industrial group, Aker AS, to compete for hook-up services and commissioning of offshore platforms for Petronas and leading foreign oil companies,
        Bernama  -  306 words
      • Article
        Lock icon Pegi to buy stockbroking firm for M$138m
        183 20 Bernama KUALA LUMPUR Pegi Malaysia Berhad is to buy the entire equity in Kin Khoon Co Sdn Bhd, an lpoh-based stockbroking firm, for Msl3B million (5579.5 million), in a bid to broaden its earnings base. As part of the deal, the controlling shareholder
        Bernama  -  183 words
      • Article
        UNIT TRUSTS & FUNDS
        506 20 UNIT TRUSTS FUNDS Mamnrt prictt Oct 20 Mendaki Or Fund 1.18 l.2l*d "inirinnrr 11.it Tn.tt US Or Fund 0 98 I 022f JSlTui 82 UMB Invest Mgt Ltd om uSg* 2 S pore Sec Fturf 103 1 09 United Gr Fund! 80 L88 S pore Invest Fund I.2J 1.32 United
        506 words
      • Article
        Shinawatra plans 6b baht expansion in Thailand
        266 20  -  By Genevieve Cua SINGAPORE Thai telecommunications giant Shinawatra Computer and Communications and a subsidiary plan to pour six billion baht (SS34B million) into various expansion projects in Thailand next year. Shinawatra will also take part in four billion baht worth of overseas investments,
        266 words
      • Article
        Berjaya invests A$3.2m in Aussie carwash firm
        290 20 KUALA LUMPUR The Berjaya Group is investing A 53.2 million (553.5 million) in an Australian carwash company and is likely to introduce its operational "concept" to Malaysia. According to a report in the Star yesterday, Carlovers Carwash Ltd announced that Berjaya Group is
        290 words
      • Article
        Lock icon Advance Synergy explains purchase of United Merchant stake
        316 20 Bernama KUALA LUMPUR Advance Synergy Bhd (ASB) yesterday said the acquisition of a strategic stake in United Merchant Group Bhd (UMG) will be another step towards the company's objective of becoming a "one-stop" financial services centre. In a circular to shareholders, ASB
        Bernama  -  316 words
      • Article, Illustration
        Lock icon Strong Indosat debut marred by odd bids
        466 21  -  From Leslie Lopez in JAKARTA INDONESIA'S international telephone company PT Indosat made an impressive debut on the local stock exchange yesterday. But the listing, which marked the launch of the country's bold privatisation programme, was marred by some overzealous brokers. Buoyed by the
        Reuter  -  466 words
      • Article
        Indonesian tile-maker offers 25m shares in IPO
        453 21  -  By William Chia SINGAPORE Indonesia's largest roof tile manufacturer, PT Keramika Indonesia Assosiasi (KIA), is ofTering 25 million new shares in an initial public offer to raise around 70 billion rupiah (5547.25 million). PT Makindo Securities director Gunawan Jusuf said from Jakarta yesterday
        453 words
      • Article
        Manila paper firm drops IPO, opts for private placement
        192 21  -  From Al Labita in MANILA A PAPER manufacturer has called off its initial public offering (IPO) plan in favour of private placement of shares to be subscribed by five Asian investment funds. Trust International Paper Manufacturing Corp (Tipco) announced the shift
        192 words
      • COMPANYBRIEFS
        • Article
          Lock icon 5 Japanese banks set up broking units
          78 21 AFP TOKYO Five Japanese commercial banks established brokerage subsidiaries yesterday, a day after receiving permission from the finance ministry in a move towards financial deregulation. The five banks Fuji, Dai-Ichi Kangyo, Mitsubishi, Sakura, and Sanwa plan to start operating their subsidiaries in late
          AFP  -  78 words
        • Article
          Lock icon Nomura downgrades Shangri-La Asia
          74 21 Reuter HONGKONG Nomura Research Institute yesterday downgraded Shangri-La Asia Ltd to sell from buy. A report by analyst Gordon Crosbie-Walsh cited austerity measures in China, a drain on cash flow from new hotel developments, and higher earnings growth of other hotel companies. It said Shangri-La Asia,
          Reuter  -  74 words
        • Article
          Lock icon San Miguel signs Beijing deal
          69 21 Bloomberg Business News MANILA San Miguel Corp of the Philippines and the Hebei Bada Group Ltd of China yesterday signed an agreement to build and operate a brewery near Beijing. Under the agreement, San Miguel initially will invest US$2l million (5530.8 million) for a 70
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Samsung's 5th company in Tianjin
          65 21 AFP HONGKONG A new Samsung Group company has opened in Tianjin, China, where it will make video cassette recorders, computer magnetic heads and electric motors. Xinhua news agency yesterday said the Samsung Electric Motors company, which opened its US$ll million (Ssl6 million) plant on Tuesday,
          AFP  -  65 words
      • Article
        Lock icon Matsushita, MCA end meeting without pact on management
        404 22 Bloomberg Business News SAN FRANCISCO Top executives of MCA Inc and parent Matsushita Electric Industrial Co ended a five-hour meeting on Tuesday without reaching an agreement on the future of the entertainment company's management, Nikkei English News (NEN) reported. MCA officials did
        Bloomberg Business News  -  404 words
      • Article
        Lock icon Chase's third-qtr income rises 14.2% on lower loan provision
        250 22 Bloomberg Business News NEW YORK Chase Manhattan Corp said on Tuesday that third-quarter net income rose 14.2 per cent as the banking company cut its provision for bad loans and squeezed out increased trading revenue. The US' sixth-largest banking company said
        Bloomberg Business News  -  250 words
      • Article, Illustration
        Lock icon Turning the heads of car executives
        111 22 Reuter WASHINGTON President Clinton sitting with car executives (left to right) Alex Troutman, CEO of l ord Motor Co, Tom Denomme, vice-chairman of Chrysler, and Bill iloglund, executive vice-president of General Motors during a White House ceremony on Tuesday marking the first anniversary of
        Reuter  -  111 words
      • Article
        Lock icon Kenny Rogers roasts on
        88 22 Bloomberg Business News FORT LAUDERDALE, Florida Kenny Rogers Roasters, a fast-growing rotisserie-chicken chain, has furthered its expansion plans by signing franchising agreements for restaurants in Indonesia, South Korea and the Philippines. The chain, which recently bought a controlling interest in rival Clucker's Wood Roasted lnc, has
        Bloomberg Business News  -  88 words
      • Article
        Lock icon Lotus posts 60% drop in earnings, warns analysts to trim projections
        252 22 Reuter CAMBRIDGE, Massachusetts Lotus Development Corp has reported a 60 per cent drop in third quarter operating earnings and warned Wall Street analysts to trim projections for the final quarter of the year. The software firm on Tuesday reported
        Reuter  -  252 words
      • Article
        Lock icon Mattel's 3rd-quarter profit up 26% on strong demand
        284 22 Bloomberg Business News CALIFORNIA Mattel Inc said on Tuesday that thirdquarter earnings rose 26 per cent because it benefited from last year's purchase of FisherPrice and strong demand for Barbie, Hot Wheels and "Lion King" products. The California-based toymaker said its net
        Bloomberg Business News  -  284 words
    • FINANCE & COMMODITIES
      • Article
        First S African bank to open in S'pore next year
        411 23  -  By Soh Tiang Keng SINGAPORE The first South African bank will open its doors in Singapore next year. Johannesburg-based ABSA Bank has secured an offshore banking licence from the Monetary Authority of Singapore, the bank's general manager for the Asia-Pacific
        411 words
      • Article, Illustration
        Lock icon Central bank chief urges Aussie banks to move into Asia
        432 23 Reuter CANBERRA Australia's central bank chief yesterday urged the country's banks to cast aside their doubts about overseas ventures and follow other exporters into Asia's booming markets. Reserve Bank governor Bernie Fraser told a parliamentary committee here that many of
        Reuter  -  432 words
      • Article
        Lock icon Swire Blanch to make Republic its base for Asian operations
        468 23 Reuter SINGAPORE BritishAmerican joint venture Swire Blanch will use Singapore as its base to establish reinsurance broking operations in Asia. The company hopes to open its Singapore office, Swire Blanch Asia Pte Ltd, by the end of this month, said
        Reuter  -  468 words
      • Article
        Lock icon Foreign banks in Thailand upset by new forex limit
        305 23 Reuter BANGKOK Foreign banks in Thailand are surprised by the central bank's decision to limit weekly open positions on foreign exchange, saying the move contradicts the government's much-vaunted financial liberalisation programme. "The surprise measure is disappointing and will handicap banks here
        Reuter  -  305 words
      • Article
        Lock icon M'sian $ set to test highs against US $ by year-end
        555 24 M'sian set to test highs against US by year-end Reuter KUALA LUMPUR The Malaysian ringgit is poised to test two-year highs against the US dollar by the end of the year, foreign exchange dealers said yesterday. They cited a recent spate of Bank Negara dollar sales and ringgit-boosting statements by
        Reuter  -  555 words
      • Article, Illustration
        Lock icon Coal and clay make poor man's fire
        61 24 AFP HANOI A Vietnamese man arranging briquettes of coal dust and clay yesterday used for cooking in many homes in Hanoi. The slow-burning coal and clay blocks cost 700 dongs (about 8 Singapore cents) each and are used by hundreds of thousands of
        AFP  -  61 words
      • Article
        Lock icon Refinery margins go up with higher fuel oil prices and lower crude costs
        493 24 Reuter SINGAPORE Higher fuel oil prices and lower crude oil costs have sharply strengthened profit margins for Asian refiners in recent weeks, Singapore refiners said. "Since last week, refinery margins have improved from just covering costs," a
        Reuter  -  493 words
      • Article
        Lock icon European steel industry bounces back but problems remain
        427 24 Reuter DUSSELDORF, Germany The European steel industry is bouncing back strongly from its worst crisis in decades, but structural problems still remain, German industrialists said on Tuesday. At a steel conference in Duesseldorf, European Union Industry Commissioner Martin Bangemann complained that the
        Reuter  -  427 words
      • Article
        Lock icon Tighter lead, zinc markets forecast for 1995
        311 24 AP LONDON Growing demand for lead and zinc should tighten the market for both metals next year, a leading international metals agency said on Tuesday. The International Lead and Zinc Study Group forecast that lead consumption in the West a designation excluding past
        AP  -  311 words
      • Article
        Lock icon Kloffe to begin operations next year
        345 24 MBT KUALA LUMPUR Malaysia's second derivatives market operator, KJofTe Capital Bhd, expects its Kuala Lumpur Options and Financial Futures Exchange Bhd (Kloffe) to become operational in the third quarter of next year. KlofTe Capital general manager James Lau said the company's mechanism to operate
        MBT  -  345 words
      • Article, Illustration
        Untitled
        1526 24 Irade-»eixhled index calculated atfamu S'pore'i hip 14 trading partnert base year 1985 US$/S$ forward rates Noon Oct 19 ss Bid Oder 1-month 1.4631 1.4661 2-month 1.4416 ***** 3-month 1.4216 1 4276 6-month 1.3526 1 3636 Source: OCBC FOREIGN CURRENCY NOTE RATES At at Sm m Oct 19 Singapore dollars lo
        1,526 words
      • Article
        Crude set to fall on weak winter outlook
        307 24 Bloomberg ENERGY REPORT SINGAPORE As crude oil futures in London and New York stumbled 7 per cent last week, optimism that prices will rise in the fourth quarter was replaced by stark pessimism. "I fail to see the bullish fourth and first
        307 words
      • Article
        Lock icon Currency Reports: London
        209 24 Reuter LONDON A fragile dollar was left shaken yesterday by renewed market tension over the US trade deficit with Japan, prompting some analysts to talk of a fall to record lows against the yen soon. US August trade figures showed a larger than expected fall in the
        Reuter  -  209 words
      • Article
        Lock icon New York
        100 24 AFP NEW YORK The dollar slipped against major currencies except the French franc, falling fast against the yen on news of an increased trade deficit with Japan. The US recorded a US$5.B billion (SSB.4 billion) trade deficit with Japan in August, largely because of a gap in car
        AFP  -  100 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen firmer, Eurodollars ease at close
        1291 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen firmed up while Eurodollars were easier at the close yesterday. Dealers said Euroyen futures followed the rise in Japanese government bond (JGB) futures. "But it is still trapped in narrow range trading. There is no reason for it
        Reuter  -  1,291 words
      • Article
        Tokyo rubber futures sharply lower
        695 25 COMMODITY REPORTS Rubber TOKYO: Rubber futures closed sharply lower on a wave of prof-it-taking, with November and December contracts plunging the daily limit of six yen per kg. November and December were stuck at their limit-lows since midday, on market talk that trading houses purchased
        695 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          India lifts price curbs on rice
          65 25 NEW DELHI The Indian government has lifted price restrictions on all rice exports in an attempt to boost exports. Until now, exporters were not permitted to sell average quality rice below the minimum export price of US$2OO a tonne FOB, but a notification by
          65 words
        • Article
          Japanese cotton products demand falls
          60 25 TOKYO Demand for Japanese cotton products fell 0.2 per cent in August from a year earlier to 458,700 bales, or 83,225 tonnes. Domestic demand for cotton products totalled 432,500 bales, or 78,471 tonnes, in August, up 0.5 per cent from a year earlier, while exports
          60 words
        • Article
          Nickel price up US$35
          112 25 NEW YORK Three-month nickel jumped US$35 (SSSI) in post-kerb trading on Tuesday despite the continued rise in London Metal Exchange stocks. The gain was attributed to purchases by US, Mexican and Brazilian consumers, traders said. This followed buying by a trading company in London almost immediately
          112 words
        • Article
          Wheat export to Brazil encouraging
          67 25 BUENOS AIRES Traders here are upbeat on the outlook for 1994-95 (May-Apr) wheat export to Brazil, despite the Brazilian government's move on Monday to cancel a planned 15-20 per cent slidingscale tariff for wheat from origins outside the Mercosur trade bloc. The sliding-scale tariff would
          67 words
    • Article
      COMMODITY PRICES
      1416 25 Rubber <*» 19 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Buyers Sellers As at 12 neon (S cents/kg) RSS 1 Contract (S cents/kg) rr— RSS 2 Nov 94 203.00 204.00N u l. i RSS 3 Nov 94 202.00 203.00N Monlh H'th Low Set! (tonnes) Interest
      1,416 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1026 26 10.0 OFFSHORE buying and a surge in the oil and gas sector fuelled a rise in stocks yesterday. The key All Ordinaries Index slipped to 1,993.8 in morning trade before recovering to a close of 2,013.4 points, up 10.0. The All Industrials finished 15.5 stronger at 2,854.7, while the
        1,026 words
      • Article
        Manila
        642 26 +6.39 Share prices marked time as accumulation of key blue chips and second liners balanced prof-it-taking in other issues. The PSE Index rose 6.39 points to 3,099.34. Turnover was 3.03 billion shares valued at 2.1 billion pesos. "The persistent accumulation of Petron, Ayala B, Union Bank and Metropolitan Bank
        642 words
      • Article
        Taipei
        571 26 -86.43 Stocks yesterday lost momentum in active trading as investors took profits, with market favourites plastic, chemical and electricals hit hardest. The 386-issue Weighted Price Index lost 86.43 points to finish at 6,669.1. Turnover was 1.97 billion shares worth NT589.49 billion. The market opened high, but individual investors and
        571 words
      • Article
        Seoul
        439 26 -18.53 Share prices plunged yesterday as recent rapid wins led to arbitrage selling and the government intervened with cool-down measures, brokers said. The Composite Price Index fell 18.53 points to 1,094.76 with 54 million shares worth 1.44 trillion won changing hands. Falls outnumbered rises 655 to 228 with 57
        439 words
      • Article
        New Zealand
        272 26 +9.25 The market managed to find something to follow after the most sluggish of starts, closing mildly firmer. The NZSE-40 Index closed at 2,061.66, up 9.25 points on volume of NZ$26 million. The index's gain was attributable to a nine-cent rise in Telecom, to NZ$5.3B, on volume of
        272 words
      • Article
        Bombay
        101 26 •13.21 Share prices ignored India's interest deregulation for the third consecutive day to go down on lack of buying support. Brokers reported a lack of interest among operators who were waiting for the domestic mutual funds to show the way. "Most of the domestic institutions are busy with private
        101 words
    • WORLD STOCK MARKETS
      • Article
        Paris
        121 26 -18.50 French shares eased below the 1,900 level again yesterday, pulled down by falling futures, with other markets also retreated in a cautious move ahead of the publication of US August merchandise trade figures due at 1230 GMT. The CAC-40 Index ended down 18.50 at 1,880.10. Of the CAC-40
        121 words
      • Article
        Frankfurt
        198 26 -33.60 German stocks slumped 1.6 per cent as investors grew increasingly concerned that the dollar's weakness may eat into profits of large exporters, traditionally a pillar of the German economy. The DAX Index of 30 shares fell 33.60 points to close at 2,051.16, led lower by machinery and car
        198 words
      • Article
        Brussels
        176 26 -4.29 Belgian shares ended lower, pulled down by weaker bonds, the ailing dollar and a disappointing start on Wall Street. Several dealers said they expected Belgian shares to take a further beating today, the last day of the forward account. However, one predicted the gloom would lift by the
        176 words
      • Article
        London
        626 26 -24.5 SHARE prices closed sharply lower yesterday for the second day in a row. Market participants blamed the fall on a variety of factors including depressed bond markets, a weak dollar, and vague worries of a British interest rate hike before the end of the year. The FT-SE 100-share
        626 words
      • Article
        Milan
        142 26 -138 Italian stocks fell for a third day as politicians wrangled over the 1995 Budget amid a warning that interest rates may rise if the government scales back spending cuts. "Company and macroeconomic fundamentals are good but the internal political situation isn't sending any positive signals to investors," said
        142 words
      • Article
        Amsterdam
        271 26 -1.49 Dutch shares closed down, but above the day's lows, as values were undermined by both the easier dollar and German bund futures. The AEX Index finished down 1.49 points at 404.01. Blue chip Roval Dutch stumbled in the face of the dollar and bearish charts to dip through
        271 words
      • Article
        Stockholm
        109 26 -0.89 Swedish stocks were mixed as a decline in the dollar threatened to undermine the US earnings of some of Sweden's major exporting companies. The OMX Index fell for a second day, closing 0.89 point lower at 1,136.95. That's after a late recovery reduced an earlier 8.44point drop. Declining
        109 words
      • Article
        Zurich
        194 26 -8.35 Swiss shares recovered from earlier lows to close half a per cent weaker. The SMI Index was 12.7 lower at 2,529.9, just at the 2,530 support level. The broad SPI Index fell 8.35 to 1,676.05. Zurich Oct l» Fnwa 47Akounar Br 646 Braoa Bovtn Br III* S CS
        194 words
      • Article
        Untitled
        641 26 Britannia Funds SWrliaf Cash Bid Oder Mini Cap Depot M.MOO M 6500 Mini Jtnt»(5i AIW) O lWj Mia Ma» Income *0.9100 ****** USS Cask Income Plus Fund ***** I01W0 PS S Reierve Fund -3. MOO 5 J300 0.4J92 0.493$ Fir East Fund 'IMJO *2.9730 Man Portfolio 1.9640 2 1250 UK
        641 words
      • Article
        Johannesburg
        309 26 +37 Shares wiped out early losses by the close as bullion pushed above US$39O, while industrials extended gains in steady trade. "Industrials are having a good run. There is underly- ing demand," a dealer said. Traders said interest was mostly from local investors, while a limited supply of scrip
        309 words
      • Article
        Toronto
        250 26 -12.35 Stocks fell in sloppy early trading, pulled lower by weak North American bonds that also undermined Wall Street. Losses in financial services, conglomerates and industrial products were restrained by strong gains in precious metals. One trader said concent" over the prospect of rising US interest rates is also
        250 words
      • Article
        New York
        716 26 •11.78 Analysts said bonds were being pressured by the dollar's renewed weakness following news that the nation s overall trade deficit narrowed in August but its deficit with Japan continued to swell. The Dow Jones Industrial Average, which retreated 6.39 points on Tuesday, was down 11.78 to 3,905.76
        716 words
    • Article, Illustration
      Lock icon HONGKONG
      2947 27 Bloomberg Business News HONGKONG Stocks fell on concerns that China's raging inflation rate will force the Chinese government to apply the breaks to the economy. China's State Statistics Bureau on Tuesday said consumer prices across China climbed 27.4 per cent in September, up from 25.8 per cent in August.
      Bloomberg Business News; Source: Bridge Info  -  2,947 words
    • Article, Illustration
      Lock icon CHINA
      487 27 CLSA H SHARES ended up 9.62 points to 1,447.42 on turnover of HKS97 million. Yizheng advanced 5.3 per cent on volume of HKS2O.S million. Qingling Motors regained its previous losses, finishing up 0.8 per cent with HK>l7.5 million worth of shares changing hands. Both the B markets saw quiet
      CLSA  -  487 words
    • Article, Illustration
      Lock icon TOKYO
      2465 27 Reuter TOKYO An extended "dry spell" without strong buy incentives led stocks to close with moderate losses. The odd flurry of indexselling cancelled out selective foreign buying of low-priced cyclical and incentive-backed issues. But trade was half-hearted, with most investors inactive. "Neither the currency nor JT (Japan Tobacco) are
      Reuter; Source: Bridge Info  -  2,465 words
    • Article, Illustration
      Lock icon BANGKOK
      1732 27 Bloomberg Business News BANGKOK Stocks were little changed in light trading amid concerns a pending Cabinet reshuffle will weaken the five-party government coalition. analysts said. "Politicians are playing games again," said an analyst. "And some business people are deeply involved." The SET Composite Index declined 0.24 point to 1,501.42.
      Bloomberg Business News; Source: Bridge Info  -  1,732 words
    • Article, Illustration
      Lock icon JAKARTA
      1094 27 Reuter JAKARTA Share prices closed mixed in overall quiel trading apart from Indosat. Indonesia's international telecommunications company, which dominated trading and closed higher on its debut, brokers said. "Apart from Indosat. there was very little trading in the secondary market as Indosat really stole the show. All eyes were
      Reuter; Source: Bridge Info  -  1,094 words
    • Article
      CLOB INTERNATIONAL
      2086 28 Beijaya Group 5.079.000 KL Industries 4.886.000 Promet 4.853.000 Idns Hyd 50c 4.756.000 MBf Capital 4.66J5.000 Malpha Inll 50c 2.557.000 Berjaya L Wt» Amal Steel 50c Berjaya Ind Muhi-P Wt 'J78.000 Lien Hoc TSR97 674,000 Faber Group 665,000 Multi-Purpose 1.631,000 <L Industries 15.678 860 Idns Hyd 50c 14.076.750 Bcrjava
      2,086 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices steady on concern over US interest rates
        5135 28 Bloomberg Business News KUALA LUMPUR The benchmark stock index was little changed amid concern that a weak US dollar will lead the Federal Reserve to raise interest rates, forcing banks to raise rates as well. "People are still worried about inflation and
        Bloomberg Business News; Source: Bridge Info  -  5,135 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8022 29 Gr Cr M Ml 1**4 uu V«l Da; Last Q*»« W> Di» VM Nrt Caj» Avg Hi(k Law Caa*M> Sale COM) life* I*" «•>« Seller <"w P/E Satfl Price INDUSTRIAL AND COMMERCIAL 1440 835 ml s Aetna I090»d+I0 84 1100 1080 1090 1100 17.5 4.7 1.6 17 4 751 3
        8,022 words
      • Article, Illustration
        Lock icon Investors shy from market on lack of fresh leads
        1855 30  -  By Quak Hiang Whai SINGAPORE The seventh anniversary of Black Monday passed quietly with trading volumes reaching the lowest level since Aug 31 this year. Despite few similar signs of the infamous Oct 19, 1987 global stock market crash such as
        Charts by Bridge Info; Source: Bloomberg  -  1,855 words
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      217 19 NEWS VALUE Trading in shares of 4 mora KL cempanias «niptni»d (pg I) Buy on market talk, sell on news. Sing dollar hits record high of $1,467 against lISS (pg I) An incentive for foreign investors but a drag on the earnings of companies which rely a lot on exports.
      217 words
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      177 21 IDD RATES TO AUSTRALIA ARE NOW WAY DOWN UNDER. A call down under is only $1.30* a minute, at L/i Singapore Standard IDD rates. So when you say G'day to the Telecom lucky country, it's you who gets lucky. 'GST applies Service first Always. Federal Express is the first air
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      685 22 Fuel-efficient truck said to be at expense of US supercar, Shipping l imes Pg 20 vjfsa LIVING THE NEXT Th« Urban R•development Authority I* ottering three exciting site* tor tale by public tender. Strategically located at China Square and Bencoolen Street areaa rich In hlatorlcal and yfBB lap v i
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      20 23 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To adwtiw your Appointment* of Notices, cad toft-free 1-600-741-1883 PriM BtraiUTim«« 1
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      382 23 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 NOTICE NOTICE IS HEREBY GIVEN that, I Ong Chin Sam of Blk 130, Marsiling Rise #07-338, Singapore 2573, have applied for a Retail Liquor Shop Licence in respect of premises at M/s Sam Mini Supermarket Supplier at Blk 111, Woodlands St 13, #01-78 Singapore 2573,
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      413 23 NOTICE NOTICE IS HEREBY GIVEN that, I Khoo Bak Chai of Blk 150 Yishun St 11 #08-06 Singapore 2776, have applied for a Retail Liquor Licence in respect of premises at M/s Tong Hai Department Store, at Blk 625 Ang Mo Kio Ave 9, #01-100 Singapore 2056, and that this
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      Page 23 Advertisements Column 4
      324 23 IDD RATES TO LONDON ARE FALLING DOWN, FALLING DOWN. A call to any of U.K's major cities has fallen o j L/b Singapore by 17%. So a one-minute call, at Standard Telecom IDD rates, is only $2.00*. My fair lady. *GST applies. Service first. Always. B GOLDTRON LIMITED (Incorporated in
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      103 23 LOST SHARE/STOCK CERTIFICATES The undermentioned stock/share certificates have been reported lost, mislaid or destroyed:- No. of Counter! Cert. Not, frtht mmtof »hare« CITY DEVELOPMENTS C *****66 NJOOKHOEN ING 1x1,848 LIMITED HONG LEONG H*****76 1* 680 FINANCE LIMITED H*****39 LEECHOONLAI Ix4oB *****190 1x1,400 PENTEX-SCHWEIZER A *****96 WONG CHEE KEONG Ixl,ooo CIRCUITS
      103 words
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      49 24 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately To ensure a daily copy, cal Customer Services Section on 1800-749-257/. and ask for home or office delivery service.
      49 words
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      37 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. S Call 1800- 1 i 737-1166 to place a quick- w i 1 acting ad. |cata| i
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      26 26 Piaget. True values never change. Placet Boutique and Service Centre: *01-01 Mandarin Shopping Arcade, The Mandarin Singapore, Orchard Road, Singapore 0923. JOAILUER fiV HORLOGERJE DEPUISIB74 GENtVE
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      132 words
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      61 28 A Timely Investment. sole Agent: DICKSON WATCH JEWELLERY (S) PTE LTD 11 I A wholly owned subsidiary of DtCKSON CONCEPTS (INTERNATIONAL) LIMITED I Available at: n A A Am 4 A A 4 mrnM DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road #01 -03 Singapore 0923 Tel: *****00 9 CENTREPOINT
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      Page 28 Advertisements Column 2
      5 28 MARKETING Tomorrow in Business Times
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      126 29 68 5 52.5 t Yofi Pac 20c 5« 5 »t.5 9 5».5 >» J* V i;u 33.3 v-.-. -X. >" >' ITM Since 1735 there has NEVER BEEN A QUARTZ BLANCPAIN WATCH And there never will be. Singapore THE IKXJK CIASS Lucky Pla/a Tc! 7M24HVI Scatty Ttel lYXftim l<W Centrcpoint
      126 words
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      364 30 NOTICE NOTICE IS HEREBY GIVEN that, I lim Siauw Chong of 14 Happy Avenue East Singapore 1336, have applied for a Public House, First Class Extended licence in respect of premises at M/s WOW Cafe Theatre (S) Pte Ltd at 91 Tanjong Pagar Road Singapore 0208, and that this application
      364 words
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      378 30 BUSINESS TIMES TOLH>RE^El^N^^3o^BMBB^^Ax!w-129e NOTICE NOTICE IS HEREBY GIVEN that, I Ku Sa Song of Apt Blk 2, Lor. Lew Lian #11-54 Singapore 1953, have applied for a 2nd Class Beer House Licence in respect of premises at M/s Tong San Coffee Ctr at 101 Upper Cross Street, People's Park Ctr
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      Page 30 Advertisements Column 3
      400 30 IN THE MATTER or I THE COMPANIES ACT,CHAPTER* AND IN THE MATTE* Or CASTLEBAY ENTERPRISES PTE LTD (MEMBERS* VOLUNTARY WINDING UP) AlaaExtranrrtiaaryOeacralMeedagoftkei*in»raamnriCompaay deemed lo have bcea held K 24 Raffle* Place. #26-05 Clifford Cearre. Singapore 0104 c* I Mi of October 1994 die foUowiag reaoiatioas were duty passed: SPECIAL RESOLUTIONS
      400 words
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      Page 30 Advertisements Column 4
      155 30 M THE MATTER OF THE COMPANES ACT, (CHAPTER 50) AMD M THE MATTER OF INTERMAC PTE. LTD. (Incorporated in the Ropubdc of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTART WRfIMMHJP) Notice is hereby given that the credrtors of the above Company, which is being voluntarily wound-up, are required on or before 20th
      155 words
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      Page 30 Advertisements Column 5
      522 30 OS THE MATTES or THE COMPANIES ACT. CAP. 3* AND IN THK MATTES Or VENTUBE MABEETING (S) PTE LTD NoncE or SPECIAL EESOLUTIONS POB MEMEEE-S VOLUNTAS Y WINDING-VP (PUBSUANT TO SECTION XW) At aa Enraordtaary Hiwul Meetiat of Ihc mem/ben of Ike fewiMil compaay daiy coeveaed aad hold oa IS
      522 words
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  • ShippingTimes
    • Article, Illustration
      Semjom gets quality management award
      310 31  -  By Alec Almazan SINGAPORE Local ship manager Sembawang Johnson (Semjom) has been awarded the International Ship Managers Association's Quality Management Certificate of Compliance. The ISMA code is the most demanding quality assurance code for ship management as it covers both ISO 9002 and IMO resolution
      310 words
    • Article
      Lock icon Asean proposes East Asia shipping body to strengthen ties
      255 31 AFP KUALA LUMPUR Southeast Asian nations have proposed the establishment of a wider shipping council as a forum for East Asian shippers to enhance cooperation, a Malaysian minister said on Tuesday. The proposal by the Association of South-east Asian Nations (Asean)
      AFP  -  255 words
    • Article
      Lock icon Radisson, Seven Seas merge to expand cruise line business
      257 31 Bloomberg Business News NEW YORK Radisson Hotels International on Tuesday said it is expanding its cruise line business by merging its Radisson Diamond Cruise Line with Seven Seas Cruise Line. Financial details were not disclosed. A new Radisson unit, to be
      Bloomberg Business News  -  257 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      762 31 Page Col Accord Group 8 1-3 < Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •APL 5 4/5 •Appenship 4 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line. The 9 5 Batamindo 7
      762 words
    • Article
      Lock icon Front door of the Estonia found on Baltic Sea floor
      351 31 AP STOCKHOLM The 56-ton front door that was ripped off the ferry Estonia, causing it to sink last month with more than 900 people aboard, was found on Tuesday on the Baltic Sea floor. Investigators using sonar and a camera-equipped
      AP  -  351 words
    • Article
      Lock icon Danish firm develops new ferry emergency system
      179 31 AFP COPENHAGEN Danish firm Scan Safe International A/S said on Tuesday it had developed a new ferry emergency system experts believe will boost passenger safety worldwide. Scan Safe director John Robbert said the so-called Intelligent Emergency System, developed jointly with Denmark's Institute of
      AFP  -  179 words
    • Article
      Lock icon Owner of ferry in Bangladesh disaster arrested
      180 31 AP DHAKA Police arrested the owner of a ferry that capsized over the weekend, as the death toll in the mishap climbed to 84, local officials said yesterday. Sakher Ullah, the owner of the ill-fated M/V Seven Star. was arrested while fleeing to
      AP  -  180 words
    • Article
      DAILY FREIGHTS
      1134 32 DRY cargo brokers report relatively quiet conditions in the market with a pause in the rate of appreciation compared to that of recent weeks. Yukong is said to have fixed the Hanjin New Orleans of 63,800 dwt on delivery to the Continent in early November to cover US
      1,134 words
    • Article
      THE SHIPPING GUIDE
      12414 40 This is a list of ships loading at Hj Singapore for ports around the Ba world. It tabulates, by destination. Mi the name of the ship, the shipping 24 line involved and the estimated dates of arrival and departure from 5 the Port of Singapore. LEGEND PN:
      12,414 words
    • Article
      SHIPPING AGENTS
      3125 45 Containerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine Calsource Shpg A Trdg Ptc Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdg(S). Albatrus Sea-Air Service: Frata Shpg Pte Ud(S). Alfred
      3,125 words
    • Article
      COURIER SERVICES
      273 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Td: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Td:
      273 words
    • Article
      AIR FORWARDERS
      1512 45 Abes ttpren Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05. Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,512 words
    • Article
      PORT CONDITIONS
      2656 46 ALBANIA Durres: Four vessels operating of which I discharging diesel oil, 1 bagged sugar. I steel plates, 1 loading ferro-chrome. 1 vessel waiting in roads to discharge diesel oil. ANGOLA Angola: All ports working normally, with no reports of disruption within tht cities. Crude oil export facilities are
      2,656 words
    • Article
      CRUISE & FERRY SCHEDULES
      734 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Dtp Name of Vessel ETA E'l D Ports of Calls Fort Agent Telephone No OCTOBER 20 20 Delfin Star 0730 2100 Cruise to Nowhere Harpers Shipping 221-1388 21 21 Renaissance 2 1000 1930 Cruise to Nowhere Renaissance Cruises 222-3388 21 21 Dclfin Star 1000
      734 words
    • Article
      SHIP SALES
      829 46 AT the risk of repeating ourselves, it is apparent that the firm mood in the dry bulk market is still the main driving force, with fresh sales of panamax/handy/handymax bulkers to report. The sale of the craned panamax bulker Fortuna 64,000 dwt and built 1983 to London based
      829 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        562 47 UaM fry N» fcrtfc Arm* Pgarta* *tm> N» Btrih frrhd P«nrta« Jurat* Port Bat«n Spe«d3 *1994* P01A 2010/1200 2010/1300 fcfcTw* N153 19 20 10/2300 Balam SpwU ****** P01A 2010/0700 2010/0000 Vo/oi/M n M10 2300 Balam SpraM ****** P01A 1910/1900 1910/2000 M»IM» [0/01/94 I 2010,2300 ****** P01A 20
        562 words
      • Article
        CONTAINER SCHEDULES
        1644 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinc/fatace Rdts Ship Voy No Etb/Btr Period From To From k, i-to 2088 21/1100 IB 19/1500 19/1659 19/1900 CU 26 19/1700 20/0659 20/0900 4 20/1200 20/1459 20/1700 In lams Q57B 22/0700
        1,644 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        529 47 Carton Carbon Od 14 Danrty Water Rente Mi Miiwim Sedbnent Dtwity Water U*» MM M/M r Exxon Exxon MOT V/V M/M M/M PTM method KG/M»3 V/V M/M M/M PPM «e»»d USA 180 Ave 984 0.2 13.2 0 09 15 0 02 60/Cnac Umis Spec E25 991
        529 words
      • Article
        COCKETT BUNKER MARKET REPORT
        880 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        880 words
    • Article, Illustration
      Lock icon America's bay city rollers
      1046 48 Some of the smaller ports located on the west coast of the United States are experiencing change Fairplay WITH the announcement that the Taiwanese line Evergreen will Ueave the port of San Francisco £for Oakland next year, San Francisco has suddenly be*come one of the west
      Fairplay  -  1,046 words
    • Article, Illustration
      Lock icon India's SCICI looking beyond shipping finance
      688 49 Business World SOME two years ago, the SCICI senior management realised that it no longer made sense to put all the company';, eggs in the shipping basket. Bankrolling infrastructure projects has been the most significant tack to reduce the company's complete dependence on shipping
      Business World  -  688 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Rover boosting UK workforce to meet strongly rising sales
        458 50 FT BIRMINGHAM Rover, the leading UK carmaker, is creating 1,450 jobs at its British plants in response to strongly rising sales, particularly in export markets. About 1,000 of the jobs will be at the main Rover plant at Longbridge, Birmingham, in
        FT  -  458 words
      • Article
        Lock icon GPS satellite system for guiding planes passes test
        433 50 Bloomberg Business News WASHINGTON A new high-tech system for guiding planes cleared an early test as United Airlines completed more than 100 automatic landings using signals beamed from satellites 17,700 km above the earth. The unit of UAL Corp performed the tests
        Bloomberg Business News  -  433 words
      • Article
        Northwest, KLM to give free tickets to business class flyers
        223 50  -  By Alec Almazan SINGAPORE Northwest Airlines and KLM are offering a free companion ticket and a roundtrip within Asia to their World Business Class flyers who purchase return tickets to the US from Oct 19 to Dec 15, 1994. Travellers
        223 words
      • Article
        Lock icon World airline passenger traffic likely to grow 5%
        247 50 Reuter LONDON World airline scheduled passenger traffic measured in passengerkilometres will grow at an average annual rate of 5 per cent over 1992-2003, according to a new forecast from the International Civil Aviation Organisation. The Montreal-based United Nations agency said in a
        Reuter  -  247 words
      • Article, Illustration
        Lock icon Aircraft makes emergency landing at Sydney airport; no injuries
        301 50 AP SYDNEY A Japan-bound jetliner carrying 272 people skidded to a stop at Sydney International Airport yesterday after the plane's nose wheel collapsed during an emergency landing. No injuries were reported. Officials said all aboard the Boeing 747-300 were evacuated. Most
        AP; Reuter  -  301 words
      • LOGBOOK
        • Article
          Lock icon Japan export ship-building orders fall
          74 50 AFP TOKYO Japan's export ship-building orders dropped 24.9 per cent from a year earlier to 261,250 gross tonnes in September, the Japan Ship Exporters Association said on Tuesday. The number of ships ordered in the month reached 12, unchanged from the same period last year,
          AFP  -  74 words
        • Article
          Lock icon Lufthansa to invest 500m marks
          53 50 AFP FRANKFURT The German Lufthansa airline is to invest 500 million marks (Ss4B9 million) in modernising its facilities at the airport here during the next three years, the company said on Tuesday. Lufthansa said that from Oct 25, it would have its own terminal at
          AFP  -  53 words
        • Article
          Lock icon Air Canada gets financing for planes
          94 50 Reuter TORONTO Air Canada on Tuesday said it received a preliminary commitment from the Export-Import Bank of the US for low interest financing of five Boeing 767-300ER twin-engined aircraft. The support, worth more than US$3OO million (SS4SO million), provides a US government guarantee of
          Reuter  -  94 words
        • Article
          Lock icon Daewoo plans 2m cars by 2000: report
          107 50 Reuter LONDON South Korean carmaker Daewoo Motor Co Ltd is planning to quadruple worldwide production capacity to around two million cars by 2000. the Financial Times quoted its chairman as saying on Tuesday. Daewoo would produce around 500,000 cars this year and was
          Reuter  -  107 words
        • Article
          Lock icon Brake problem in Chrysler, Mitsubishi
          69 50 Bloomberg Business News DETROIT Chrysler Corp and Mitsubishi Motors Corp on Tuesday said they are recalling a total of 1,648 1995-model Eagle Talon and Mitsubishi Eclipse sports coupes to fix a brake system problem. Mitsubishi has determined that a support panel provides inadequate strength for
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Delta to pay passenger US$10m
          82 50 Reuter ATLANTA Delta Air Lines Inc said on Tuesday it had agreed to pay US$lO million (Ssls million) to a passenger who was severely injured during a crash at the Dallas-Fort Worth International Airport nine years ago. The US airline reached the out-of-court settlement last
          Reuter  -  82 words
      • Article
        Lock icon Air Mandalay launches first Myanmar air route
        157 50 Reuter SINGAPORE Air Mandalay Ltd, a Singapore-Myanmar joint venture firm, launched its first domestic air route in Myanmar, airline sources said on Tuesday. "It starts the inaugural Mandalay-Yangon-Mandalay flight today," one source told Reuters. No other details were given. Aviation sources said this
        Reuter  -  157 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1685 50 a& nm eta rn* n»_ Abu DhaM SQ441 1505 Gf 147 1850 GA975 1520 GA883 1545 SQ228 1955 QF82 2050 Amsterdam KL843 0605 SQ26 2365 SQ25 0630 GA975 1520 KL837 1550 Athens SQ347 0640 Auckland SQ286 2040 BA11 1350 SQ288 2045 B Serf Begawan BJ421 1105
        1,685 words
      • Article
        Lock icon Fuel-efficient truck said to be at expense of US supercar
        206 50 Bloomberg Business News WASHINGTON Detroit auto makers told the Clinton administration on Tuesday that if the government wants to see more fuel-efficient trucks now, it shouldn't expect the companies to also come up with a high-efficiency supercar within 10 years.
        Bloomberg Business News  -  206 words
  • Page 31 Advertisements
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      21 31 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama Hotline 326Q23Q
      21 words
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      Page 31 Advertisements Column 2
      27 31 Lines and service* represented by Members of the Registry of Accredited J n§l" Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Sftjppr* Times. W 740-2089/740-2090
      27 words
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      Page 31 Advertisements Column 3
      229 31 the FAMOUS >n <b CIUROPi ■iMHIgUI 224 1833 For more information pleane refer to Pg. IS America's bay city rollers, Pg 18 India's SCICI looking beyond shipping finance, Pg 19 Rover boosting UK workforce to meet strongly rising sales, Pg 20 Wk jp 3 v Jtr 'W 4jK. > w-
      229 words
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      Page 32 Advertisements Column 1
      1866 32 import-., import..„ IMOBTH AMBMCAI 1 OTHM P—IBUCTIOIM I I WBBTH WWWSAJ I TnmieMraoi I numamll— I WT STORE LA OM VCX SEA DM HOUSTON OK NT MXJCO CTTT *ESKL STOM BUENOS MES —MM MO K WBO SAWOS ■«> PMIMA PMMMGM lESSEL/WT 18. UB MtEIES OMIAM *MCOMP SEATTU STCK J »r"i«ii«~Tn
      1,866 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1885 33 a /o\ DTP ITO jardinf SHIPPING AGENCIES JAROINE BHIPWNO AGENCIES SDN. BHD. IZrS" s^?.PO nE OKU PETALWQ JAY* TEfc g-TMm. f« CFS OM»M« CR NUMBER **********0 C P^ NANG ||J; "2703/4 FAX: *****6 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) QUDANQ TEL' *****12 FAX-*****14 (OPNS) CUSTOMER SERV.CE TE|_ SSSfiSm. S C» £o7.
      1,885 words
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      Page 33 Advertisements Column 2
      1713 33 ■HGHSsaaEa EAST MEDITERRANEAN MARSAXLOKK/PIRAEUS/IZMIR/ISTANBUL MONTE ROSA V 9404 ETA SIN 24TH OCTOBER 1004 VeMM Voy ETA ETD DESTINATIONS N«*t MM MADISON MAERSK V 9406 25/10 osoo mrs CFS 24/10 235# MRS OAK LGB SFO MEM ATL MIA CHS BAL PHL NYC TOR MAOISON MAERSK 9410 25/10 I 26/10 12/11 14/11
      1,713 words
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      Page 34 Advertisements Column 1
      1144 34 IvOY NO |HAMBURG| ANTWERP HAVRE AMPTON KEIANO SPORE HKO KAO _TYO SMI KOB_ _NAO_ kaqa rm 555 iTio *****~ 21/10, _g/io_ Jl£jQ_ JgilL _±I 1 9TUTTOART EXP 09/439 1/10 3/10 »/io 28/9 ***** 2l!!° 7777 "5777 09/2<o <7w giT" e/.0 27mo_ jtno_ i/n _3/ 1 L "II _tll < oresoen
      1,144 words
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      Page 34 Advertisements Column 2
      533 34 IS'pore P. Kelang Loading for I FORUM WIND 11/10 Rdm/Atv*/UK/Nantes I L KAPITAN SOROKA 22/10 27/10 Rdm/Atw/UK/Nantes I •Loads E./W. Malaysia. Indonesia I I Loading tor V J SINGA SUN Jeddah/Oubai/Bahram/Damman I I PAN CRYSTAL Dubai/Bahrain/Damman/Kuwait 'Loads Singapore. E./W. Malaysia. Indonesia I Loading tor V STAR MAN Los Angeles/New Orleans/
      533 words
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      Page 34 Advertisements Column 3
      1256 34 NORASIA VSL/VOY SIN ALG BCL VAL HAM BRE ROT ANT FEL LHA j Sf A IMCCOOMA am 29/10 13/11 U/U 19/11 IC/1I 17/11 17/11 IS/11 11/11 19/11 I NORASIA Al MUHTWAM 9442 3 20/10 IS/11 23/11 24/11 22/11 23/11 24/11 2S/11 25/11 2C/U SI VAIIC 443W 07/11 27/11 30/11 01/12
      1,256 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1269 35 —o y y W STRAITS SHIPPING PTE LTD AES 10 Hoe Chiang Road #11-01 Koppol Towers Singapore 0208 Tel: *****88 Fax: *****17 I NEW GUINEA PACIFIC LINE MllMllMlHfflHlßHlHfliMHilllllHM V\>Su <A SERVICE OF CHINA NAVIGATION CO) c«o) TS DOE SAILS straits puce *21E Mwi Lib 18-iJ Oct 20 Oct 21 Oct
      1,269 words
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      Page 35 Advertisements Column 2
      2236 35 fIAyC P&O Containers (Singapore Agencies) Pte Ltcfj JL 10 Hoe Chiang Road. #07-01 Keppel Towers. Singapore 0208 First Class Connecttons WORLDWIDE f^f 4 pnocsp.f«: 225 5327/222 7517 EXPORT IMPORT T j,;; VESSEL VOY "PWG *PKG MM SOU ZEE NOT MAM OOT BRE LEM VESSEL VOV ZEE GOT NOT HAM ME
      2,236 words
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      Page 35 Advertisements Column 3
      1152 35 AMERICAN PRESIDENT LINES, LTD. 1» KtPPEI ROAD *02-01 JIT POH BUtLMNG SINGAPORE 0208 TIL 235-9966 Fat 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 AMERICA A CANADA WEEKLY CONTAINERIZED SERVICE IttSa/VOTUg PRE I PEN IP»
      1,152 words
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      593 36 "<y aK eka jaya agencies >a||r TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE IHO CHI HIMM CITY PAQIB I HANCPtIOHt/PtHtCT~| HENRY HOE 2110<24 IHiSatfMim J KELVIN CHAN iiwa MHTCMW77M i MA NO J 2110*25 MM722 rSSIiLiWM IT MWHHW 1 ►TO VIETNAM/HCMC K CONTAINIR-PfEDIR ta—SERVICE CENTER-POINT V L»*
      593 words
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      Page 36 Advertisements Column 2
      1099 36 I HANJIN SHIPPING I BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 I SALES TEL:- *****30-233 I 04tf 27n0 MttcT* 10/11 IJ/11 12/11 149 C 22J0 IMUKK 01« 24/1125/1127/11 S 22c 7 11/11 19/11 HAHW BOSAN 147E 29 10 H PORIIAW 00* 1/12 2/12 4/12 I miMTnifn)* Sr SKIP HAMDN KUNSAN 10«
      1,099 words
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      Page 36 Advertisements Column 3
      108 36 ICHAHAYA SHIPPING ft TRADING CO. PTE LTD T»l: *****13 (6 Lin*«) Fax: *****68 Tlx: RS ***** VIETNAM. BANGKOK. INDONESIA CONVENTIONAL SERVICES ffSSCI fT« ITO HSTIUTION SAN WALK 25/10 20/10 SUBABAYA CMAMAYA SCIATI 22/10 23/10 MKARTA WALK (MM 24/10 25/10 SfMAAANG MAGA 54 21/10 22/10 BANGKOK KUBNU SCIATI 20/10 27/10 BANGKOK
      108 words
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      Page 36 Advertisements Column 4
      1377 36 9> I Inn vr use «s ws ws ill os kt as iro uu cw mi Be in urn km n» «s r» cm m EGMNT RE IKI 24/10 26/16 WM 2/11 4/11 7/11 1/11 9/11 11/11 11/11 12/11 23/11 1/12 l/ll »/I2 1»/12 2«/l2 21/12 22/12 23/12 2/1 12/1
      1,377 words
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      Page 37 Advertisements Column 1
      2225 37 1 OOCL HONOUR 34W ETA SGP 22/10/94 II I II ETA RDM 07/11/94 FLX 08/11/94, II II II BRE 10/11/94, LEH 12/11/94 II EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO: USWC US QUI? MIDWEST USEC CANADA V|||| L voy Bj LOS OAK VAN SIT ATL CCG CLE (LB DAL
      2,225 words
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      Page 37 Advertisements Column 2
      1034 37 A MULTILINE SHIPPING PTE LTD ■V (a member of SINSOV Group) HpCR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31. *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 jfc. BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****88
      1,034 words
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      Page 38 Advertisements Column 1
      1227 38 AS AGENTS: LINE (SINGAPORE) PTE LTD (CI MO: **********0M/GST KG NO; M2-0017MJ-8) T TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W W IWT MALAYSIA K" LINE MARITIME (MALAYSIA) SON SHO I Mm TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL: JKT
      1,227 words
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      Page 38 Advertisements Column 2
      919 38 79 ANSON ROAD, #21-01. SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SEBVICg PORT KLANG/BELAWAN PENANG/PASIR GUDANG VESSEL I VOY I SW I PKL BtW VESSEL VOT SR PEN PttJ VIGOUR SINGAPORE MO7S 20/10 (THU) 21/10 (PRli SEA LAUREL 329N 19/10 (WED) 21/10 (FB) XOUR IAYA 940/2 21/10
      919 words
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      Page 38 Advertisements Column 3
      241 38 GOLDEN LINE A IL/GOV GUAM GUM SUPPING rsX\ (PTE) LTD a, T« ftMr 9NGMK (1M m 5343*1 (10 1MB) fm SMJSO4 (01 MiaMMW) imiW/WMUM CULT ggg S'pofe P KeUnc Pw»m COUKN STM Karachi/Oubat Kuwait 23/24 Oct GOLOOt HAJtVEST Karachi/Dub* Ku«*t 10 Nn OPMA gflg 91BAO Hongkong 29/34 oc< GOLDEN WWW
      241 words
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      Page 39 Advertisements Column 1
      842 39 PACIFIC INTERNATIONAL LINES (PTE) LTD ■**■1 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Uw/KM CR NO. **********QE I VESSEL VOY SIN CMB JIB HOO JCD AOJ PZU MSW ASA AOE I KOTA WUAYA WJA47S 38/10 VII 0/11 Wll tUII WH 3WII 3/12 KOTA BERLIAN BRL23S 0/11 14/11 21/11 7UII
      842 words
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      Page 39 Advertisements Column 2
      944 39 WSKI j ioT S« ifHAVW HAMBUPG THMgS MiHUOW AKIWtHf WLLt DC WGA 605W 26/10 17/11 11/11 **/H 23/11 WLLf K *11* WSW 01/11 21/11 I*/ 11 M/ 11 **/ll VILE DC TITMM TO6W 07/11 »/ll J l/H *2/1? *3/12 01/12 njiroTrucMw UOtW IS/11 07/u 0«/u 10/12 11/12 11/1? •MSO ACCEPTM6
      944 words
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      Page 39 Advertisements Column 3
      611 39 BSAa. MYANMA \BSBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.Kit Pen PGd| SITTNE VMM Sated AVA VI3OW Sated In Part Sated PAGAN V2I4W 24/27 Ott HP A AN V2O6W 4/6 Nov MALAYSIA AGENTS: BOUSTEAO SHPPMG AGENCKS All TU 03-*****00 PHI 111 03 *****67 PER Til
      611 words
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      Page 42 Advertisements Column 1
      2055 42 P» s EASTJtfASfII p MEW YORK i ML WATCH OMEGT ;SsBF« lSssar SSrttSHL tsjgaau S*M(M War *1/ M c* Nk 11/I7IMOOO M Fm J*JM« g r "**"> <»*"• f|N»jinf *****J0 08$ BMk r*w«r 2 uc* N« CCSU iSfKf£ ?££££r« «a» kno "***** 22* If* 0104 «sr M 2 OCS64QS X
      2,055 words
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      Page 42 Advertisements Column 2
      1025 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTEOUNO P*L PtN WW Ml H*G HOP TAI K£t HOB OSK MO) BUS MAN HAI 216 NOOB 19/10 20 10 2171/10 26/10 21/10 29/10 31/10 T/S MO 02/11 03/11 05/11 06/11 WAN HAI 713 NOlfe 21 10 21/10 23 10 24 24 10 28/10 29 10
      1,025 words
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      Page 43 Advertisements Column 1
      381 43 ftM FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) GOTHENBURG/SCAN 24/10 ROTTERDAM 25/10 j AARHUS/COPENHAGEN 24/10 HAMBURG/BREMEN 25/10 MARSEILLE/FRANCE 25/10 FELIXSTOWE/UK 25/10 BARCELONA/SPAIN 22/10 LEHAVRE/FRANCE 25/10 GENOA/ITALY 22/10 ANTWERP/BELGIUM 23/10 LOS ANGELES/WC/IPI 22/10 SYDNEY/MELBOURNE 20/10 NEW YORK/EC 22/10 FREMANTLE/ADELAIDE 26/10 j VANCOUVER
      381 words
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      Page 43 Advertisements Column 2
      797 43 I B T gTO iTrei wmit ~u M tlH II I I 1 VEBSgL *1 8 1 VE»»€l VQV SIN PEN iSUIiiMB—B >| CAPE RAY 038 Fri 21/10 W«d 20/10 DCJA D|tuM Fri 21/w" 81 22/101 SIN W K BHATRA IHUM m >*l 22/10 Tm 25/10 TERATAJ TEROI3 Son 23/10
      797 words
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      Page 43 Advertisements Column 3
      207 43 Ousrant—d tailing* to:j BANGKOK/LAP* CHABAWG/LAOS]22/10 (SAT), 25/10 (TIE) POUT KEIANG/ftKANG 27/10 (THU). 21/10 (FIB) HONG KONG 25/10 (THE). 21/10 (FW) lAKAMA 22/10 (SAT) MANM CtBU SUBIC BAT 24/10 (MOW) HO CH MWH 21/10 (FW) SURABAYA 23/10 (SUN) BUSAM 23/10 (SUN) PONCNAMA LINE] COKTAWWtiD WWCI >TRAITS/>LW/IWC/WH 1 «SS£l (IBS) M ms
      207 words
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      Page 43 Advertisements Column 4
      611 43 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E P§tU EWIM SMMN ÜBS i |T (Nation* Lines of EMo*) ACCEPTING FCL AND CONVENTIONAL Vmnl I Voy Eta I Loading For Spon Abbey Worn I 41WB 15/11 Mombasa. OKbouti Asaab. Masaawa Abbay Wonz 42W8 15/12
      611 words
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      Page 44 Advertisements Column 1
      1554 44 Hfc*iMN 66NTAINEft LIMES, Hit l=N=A~~' l t A B« ,tK MAC-MILS SPOM: *****22 (24 UMt») \zy<y \ZJcmm. SIBU (064) *****9 KUCHINQ (062) *****3 PENANGL '04) *****6 BANGKOK (662) *****57 P.KCLANQ: (08) *****77 JAKARTA: (21) *****07 SURABAYA. (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE > P£N PKL SIN 5 SAILINGS/WEEK PEN PK SIN
      1,554 words
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      Page 44 Advertisements Column 2
      197 44 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD H* ill ETA SWtt K»l KtIMC PI HANG am mk ill loading tot Milt MINN HUDHU 26 10 Loading lot Dubai OOLftW 23/10 loading Fw Male imcn sum mi 21/10 loading Fw Mai* UMMEIDM 28/10 loading Fw Male IHOGKSS LBUTT
      197 words
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      Page 44 Advertisements Column 3
      821 44 a THONG SOON UNES PTE LTD 1 I 78 SHENTON WAY #10-01, SINGAPORE 0207 I I W V/ Ttt: 227-5088 FAX: 227-6011 I I TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK S |NGA PORE TcTTHA?LAND KSSEL VOT S'POtE PEST VESSEL VOT SPORE BANGKOK EQUATOR
      821 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      587 49 HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |m»- lw I to- I w I |m| w I mr I ml 19/10 21/10 22/10 H. PKHCER 311W 24/10 11/11 13/11 12/11 13/11 13/11 15/11 21/10 21/10 29/10 H. FROHTO 313* 31/10 11/11 20/11 19/11 20/11 20/11 22/11
      587 words
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      Page 49 Advertisements Column 2
      352 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS wssu hot v n roc u mua kt ocean bue is/ii W* MEBU 25 25/10 27/10 KOUSMUM M 21/11 31/10 (HI) chart** run 24/10 MOTAMYA 1 1/11 J/11 own DOS 1 2/11 4/11 ORANGE MOON S7 0/11 V" <«*)
      352 words
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      Page 49 Advertisements Column 3
      688 49 11 \*Xjf\ VOV ISM ETA/0 I LAX low [CHI [PAL I MEMCOL I HOU I NYC [NOR I MACKHAC m 80A 20/10 06/11 OS/11 09/11 10/11 10/11 11/11 11/11 12/11 I ALLIGATOR TWMH MA 27/10 13/11 15/11 18/11 17/11 17/11 1»/11 11/11 19/11 I GEORGE NASHH6TON BRPGE »2A 03/11 20/11
      688 words
  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      279 49 TODAY'S TIDES (heiflit in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.7 2.5 2.1 1.5 1.0 0.» 0.7 0.9 1.3 2.0 2.7 3.0 3.0 2.7 2.2 1.5 0.9 0.5 0.4 0.5
      279 words
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