The Business Times, 21 October 1994

Microfilm: NL19583
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 75« Friday October 21 1994
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  • 2 am LATEST
    • Article
      Lock icon Ripoff scams cost US consumers billions
      47 1 Reuter WASHINGTON American consumers were the victims of billions of dollars worth of fraud in 1993 ranging from car sales to mail order and telemarketing scams, the Consumer Federation of America said yesterday in its annual report of consumer ripoffs. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Brittan says EU will go on trade offensive
      40 1 Reuter BRUSSELS European industry is set to launch an attack on foreign trade barriers with the blessing of the European Commission, the European Union's Trade Commissioner Sir Leon Brittan said yesterday. Reuter
      Reuter  -  40 words
  • Article
    MARKET SUMMARY
    163 1 Stock market indices Thursday Change STII 2,382.25 +18.14 KLSEComp 1,124.39 +5.53 Nikkei 19,991.90 +123.03 Hang Seng 9,388.78 +68.72 SET Index 1,521.61 +20.19 Jakarta Comp 518.76 -0.21 CLSA China B ....1,158.84 -4.06 Ausl All Ord 2,016.3 +2.9 FTSE 100 3,063.2 +2.4 Thursday Previous 2pm EDT close Dow Jones 3,906.44
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  • Article, Illustration
    Lock icon Bank of America makes comeback in S'pore
    549 1  -  By Shiv Taneja SINGAPORE Seven years after the Bank of America hived off its credit card business and wound down its retail operations here, it is back on the scene with a slew of retail products to be launched next month. In Singapore
    Photo by Arthur Lee  -  549 words
  • Article
    Brisk 8.1% growth for M'sia in 2nd qtr
    497 1  -  By Amy Balan SINGAPORE The Malaysian economy grew at a brisk 8.1 per cent clip in the second quarter of 1994, buoyed by continued strong growth in its manufacturing, construction and services sectors. The growth was, however, significantly lower than the 10.1
    497 words
  • Article
    Lock icon US stocks plunge after strong housing starts report
    336 1 Reuter AP Bloomberg Business News NEW YORK US stocks plunged yesterday after a government report showed a stron-ger-than-expected gain in housing starts and a monthly economic survey by the Philadelphia Federal Reserve sounded an inflation alarm. The Dow Jones Industrial Average, which
    Reuter; AP; Bloomberg Business News  -  336 words
  • Article
    Lock icon US$ hits two-year low against mark
    174 1 Bloomberg Business News NEW YORK The dollar fell to a two-year low against the mark yesterday, hurt by comments from Treasury Secretary Lloyd Bentsen that the US won't buy dollars to support the currency. His remarks, delivered in Seattle on a campaign stop, "were
    Bloomberg Business News  -  174 words
  • Article
    S'pore developers to market 4,000 more units this year
    457 1  -  By Lilian Ang SINGAPORE Developers plan to launch about IS condominium and landed property projects totalling more than 4,000 units before year-end. About half of the new developments are in sought-af-ter locations such as Tanjong Rhu and River Valley, while the
    457 words
  • Article
    Ming Pao chief quits after public censure by HK exchange
    287 1  -  From Lim Soon Noo in HONGKONG YU Pun Hoi, the chairman and controlling shareholder of Ming Pao Enterprise and South Sea Development, resigned yesterday after being publicly censured by the Stock Exchange of Hongkong (SEHK) for failing to disclose his
    287 words
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      212 1 I ASIA'S No. 11 1 COMPUTER PRINTER I I RIBBON MANUFACTURER s£o!e New 2 KKKr 19.20 Reeonal News 3,4,5 Financial 23.24 World News 8.9 Factum Harfcits Analysis 17 Clob/KLSE. SES 28-30 Editorial 16 k»««al -26 Sports 13 World 26 TV/West* 15 Currencies 23 AAwrtsni 12 Sinw/Commo .23.24 SMsctWJm Tel 1800-*****77
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      Page 1 Advertisements Column 2
      6 1 11at Winning the China consumer war
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      Page 1 Advertisements Column 3
      29 1 Hock Lock Siew: p g i9 H 2 1 OCT la Iri Does Sebi have time for IndqpWffiS&tZg Fed set to raise rates if economy stays firm, Pg 8
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      Page 1 Advertisements Column 4
      96 1 (LEADING REAL I ESTATE AGENCY! IN SINGAPORE J B&ttbm Line: Pg 18 4® l pir. fj}) (tftanging the EU rules --•mri fffiTri ri~ "t"- rvi fcbnlfirfcV> b» i 'SWi wi« Yr iTWr I iimrTi>iTnnTi»niWnwl■dßfcwflbirn» iiß'WVßHmmNtmßßHimnn *OU AMMTVC HOURGLASS' 302Oictvmflood llMlVmgkMrg Sr>gapo>» 0023 M *****11 Fo> *****07 ■Matron T>« HOOP GLASS
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Loans to individuals up 16.7%
        301 2  -  By Shiv Taneja LOANS GROWTH to professionals and individuals drove up overall bank loans and advances to non-bank customers to $86.4 billion in August, reflecting year-on-year growth of 16.7 per cent, the Monetary Authority says. The growth rate in loans to professionals and private individuals
        Source: Dept of Statistics  -  301 words
    • Article
      Hainan mission seeking partners for $13b in deals
      153 2 A 90-MEMBER delegation from Hainan province, China's largest special economic zone, is in Singapore to find investors for 253 projects worth about $13 billion. The Hainan Meilan airport project is the biggest, with a price tag of some 500 million yuan (5585.8
      153 words
    • Article, Illustration
      High-tech glass maker to build new plant
      404 2  -  Expansion of Tuas facility tipped to boost output more than 150% and double turnover By Claire Leow ASAHI Techno Vision is adding a second plant here by next April, which will boost output of glass panels for televisions and computers by 150 per
      404 words
    • Article
      900 workers affected by closure of colour TV maker's Kallang plant
      451 2  -  By Juliette Walker ABOUT 900 workers will be affected when Thomson Consumer Electronics (TCE) shifts its colour television operations in Kallang to other plants in Ang Mo Kio, Batam and Bangkok by mid-95. TCE said yesterday that it would
      451 words
    • Article
      SIA's revamped staff bonus scheme may cost it $25m-s3oom a year
      351 2 NATIONAL carrier Singapore Airlines has signed a new and more generous profit-sharing deal with its staff unions, a move which will cost the airline between $25 million and $300 million annually. SIA said yesterday the formula would apply for
      351 words
    • Article
      Police probe on US academic part of normal workings of legal system: PM
      426 2 PRIME Minister Goh Chok Tong said that a police investigation into remarks made by an American academic, Christopher Lingle, in a newspaper commentary was part of the normal workings of the legal system. Mr Goh, who spoke
      426 words
    • Article
      Betting club punts on term memberships
      307 2 THORNHILL Lodge International Racing Gub has closed its doors after attracting 100 full members, but will begin welcoming term members tomorrow. Thornhill founder and chairman lan Beattie said this week the resort-style club had raised nearly $1.5 million by selling 20 corporate and 80
      307 words
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      Page 2 Advertisements Column 1
      73 2 a**** LOWS YEAPREAUY PTE UD I 1 I f VACHERON CONSTANTIN Geneva, since 1755 1... "wJI The Power Reserve The world's oldest watch manufacturer Sote Agent and Sen/ice Centre: Luxtime Singapore Pie Ltd, 3918 Orchard Road #15-08. Ngee Ann City, Singapore 0923. Tel: (65) *****78 Fax: (65) *****74 Authonzed Retailers:
      73 words
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  • SOUTH-EAST ASIA
    • Article
      Cambodian finance minister Rainsy ousted
      403 3  -  From Harish Mehta in PHNOM PENH CAMBODIA'S parliament yesterday removed controversial finance minister Sam Rainsy and appointed seasoned politician Keat Chhon as his replacement in a sweeping Cabinet reshuffle. Mr Rainsy's exit follows a move to oust him because of his autocratic style. His replacement,
      403 words
    • Article
      Lock icon Proton cars may get Rover engines under new accord
      280 3 Reuter Bernama KUALA LUMPUR Britain's Rover Group may make engines for Malaysia's car company Proton Bhd under an agreement signed yesterday that loosens Japan's stranglehold on Malaysia's indigenous car manufacturing industry. Witnessed by Britain's Trade Minister Michael Heseltine and Malaysia's Minister
      Reuter; Bernama  -  280 words
    • Article, Illustration
      Lock icon Al-Arqam leader confesses publicly to propagating deviant teachings
      462 3 The Straits Times KUALA LUMPUR The Arqam myth was shattered yesterday when its leader, Ashaari Muhammad, confessed publicly to propagating deviant teachings and begged forgiveness from God. Mr Ashaari, detained less than 50 days ago under the Internal Security Act, tore down
      The Straits Times  -  462 words
    • Article
      Lock icon KL-Singapore officials to meet on Pedra Branca case
      299 3 AFP KUALA LUMPUR Malaysian and Singaporean officials will meet in mid-December to work out the procedure for submitting documents concerning the Pedra Branca issue to the International Court of Justice in The Hague, Ahmad Kamil Jaafar, secretary-general of Malaysia's Foreign Ministry, said
      AFP  -  299 words
    • NOTEBOOK
      • Article
        Lock icon Urgent call for Hanoi to reform
        86 3 Bloomberg Business News HANOI With its economy accelerating but still unstable, Vietnam urgently needs to reform its financial and monetary systems. Prime Minister Vo Van Kiet told its highest legislative body yesterday. Addressing the opening of the National Assembly's biannual meeting, Mr Kiet said
        Bloomberg Business News  -  86 words
      • Article
        Lock icon US$ 32b refinery planned for E Java
        86 3 AP JAKARTA A joint venture between an Indonesian tycoon and foreign investors will build a US$32 billion (Ss47 billion) oil. refinery with a daily capacity of 300,000 barrels in East Java, the: official Antara news agency reported yesterday. It quoted the tycoon, Probosutedjo,
        AP  -  86 words
      • Article
        Lock icon Ramos hits out at Sin
        58 3 AFP MANILA President Fidel Ramos' spokesman yesterday crit£; cised the outspoken Cardinal Jaime Sin for comparing him to latfi* dictator Ferdinand Marcos. Press secretary Jesus Sison said NftRamos was not out to perpetuate his rule like Marcos, as Cardinal* Sin had claimed, and counter-attacked that
        AFP  -  58 words
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      Page 3 Advertisements Column 1
      424 3 A dynamic but brash leader fells, Pg 6 I Sanyo Airconditioners I No. 1 Selling r I I Aircon have a new feature I I in Singapore* room I I fast E^: n not found on any I I —-other brand. I H nrl rn S 1 1 I The
      424 words
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  • CHINA /HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Fewer unprofitable firms by year end
        117 4 AFP SHANGHAI China expects the proportion of loss-making light industrial enterprises to decline by five percentage points to 36.6 per cent at the end of the year from 41.6 per cent in June. The Wenhui daily yesterday cited figures released at a meeting here
        AFP  -  117 words
      • Article, Illustration
        Lock icon Train slices bus in two
        54 4 AFP BEIJING This bus drove through an unmanned railroad crossing early yesterday and was cut in half by a train. Twenty people were killed and more than 30 were injured in the accident. The bus was carrying workers to their factory in Chaoyang district, southeast
        AFP  -  54 words
      • Article
        Lock icon Sticking to its China policies
        99 4 Reuter TAIPEI Taiwan president Lee Teng-hui told the island's military yesterday that Taiwan would never change its anticommunism policy but restated its goal of eventual reunification with rival communist China. "Our policies of opposing the communists, opposing Taiwan independence and reunifying the country have not
        Reuter  -  99 words
      • Article
        Lock icon Most Taiwan emigrants pick Canada
        105 4 AFP TAIPEI Canada has for the first time replaced the US as the favourite destination of Taiwanese emigrants, a government agency said yesterday. Last year, close to half of the 20,000 people emigrating from the island went to Canada, while in 1993, the US was
        AFP  -  105 words
      • Article
        Lock icon Beijing objects to Nobel nominee
        97 4 AFP BEIJING The Chinese government yesterday criticised a US Congress proposal to award 1995's Nobel peace prize to prominent dissident Wei Jingsheng. "It is nothing but a mockery of theNobel peace prize to nominate such a man as a candidate," foreign minify spokesqian Chen. Jj»n
        AFP  -  97 words
    • Article
      Lock icon Beijing seeks 1.5 trillion yen Japan loan
      449 4 Money will be used to fund infrastructural projects NYT TOKYO China wants Japan to lend it 1.5 trillion yen (5522.6 billion) over a period of five years through Japan s low-interest yen-based loan programme for developing nations, according to documents obtained by Asahi
      NYT  -  449 words
    • Article
      Lock icon Japan and Taiwan ministers to meet for first time in 22 years
      345 4 Reuter TOKYO Japan threw down a new gauntlet to China over its relations with Taiwan yesterday when officials revealed that a Japanese minister and a Taiwanese minister will formally meet for the first time in 22 years. Minister
      Reuter  -  345 words
    • Article
      Satellite, cable firms converging on HK show
      206 4  -  By Juliette Walker SINGAPORE More than 120 cable and satellite companies are due to take part in the upcoming Cable Satellite Asia '94 exhibition in Hongkong, signalling their interest in the region's sky-rock-eting broadcast industry. Cable and satellite manufacturers and suppliers from at
      206 words
    • Article, Illustration
      Lock icon Time is money — lots of it
      37 4 Time is money lots of it Reuter TAIPEI This Vaeherin Constantin, adorned with 130 carats worth of diamonds, is on display at a watch show here. The organisers say it could fetch US$lO million (Ssls million). Reuter
      Reuter  -  37 words
    • Article
      Lock icon Beijing implements new system to fight music, video piracy
      201 4 Bloomberg Business News BEIJING China will launch a certificate system to help its factories and retailers spot fake goods before taking part in their production or sale, the China Daily reported. Under the system, foreign music and video producers will be
      Bloomberg Business News  -  201 words
    • Article
      China drinks market is full of fizz
      296 4  -  By Teh Hooi Ling SINGAPORE The China soft drinks market is poised for explosive growth, with annual consumption expected to double from the present 8.8 million tonnes to 18.3 million tonnes by 1997. Even by then, the consumption per head will only be
      296 words
    • Article
      Public plots fail to meet forecasts in lacklustre HK land auction
      368 4  -  From Lim Soon Neo in HONGKONG TWO PIECES of residential land fetched less than expected prices at a government land auction yesterday because of bad feng shui and the small size of the plots. The sales earned the government
      368 words
    • Article
      Lock icon Exim Bank chief vows support for US exporters to China
      242 4 AFP BEIJING US ExportImport Bank chairman Kenneth Brody pledged "aggressive" support here yesterday for US exporters to China through soft loans that would counter the tied aid offered by other foreign governments. "We are now in the position of being
      AFP  -  242 words
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      97 4 k_o'bharksfin <pREJH| |p CKai^^^^^^BHppPr a P or Changi ■Mlli^ 1781. Tel: *****88 -p^mm i BE YOUR OWN DEVELOPER IN WESTERN AUSTRALIA t£g£2£S2£S!£L« jgc The first company to operate on a total integrated approach to real estate investment in Western Australia. j e (619) 381 3522 Fax: (619) 381 3527 fSpjjjjf
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  • REST OF ASIA
    • Article
      Lock icon Corporate results will show pulse of Japan's economic recovery
      421 5 FT TOKYO Valuable clues to the quality of Japan's economic recovery will emerge over the next six weeks, when more than 1,300 listed companies report their interim results. The government's Economic Planning Agency declared at the start of September that Japan
      FT  -  421 words
    • Article
      Lock icon S Korea expected to relax curbs on business travel to North
      262 5 NYT TOKYO South Korea is expected to relax restrictions soon on travel by its businessmen to North Korea and on investments in the communist nation, according to South Korean officials. The expected moves were in keeping with South Korea's
      NYT  -  262 words
    • Article
      Lock icon S Korean carmakers see export boom in 4th quarter
      195 5 AFP SEOUL South Korean carmakers yesterday predicted a boom in fourth-quarter exports, citing strengthened offshore sales activities and the introduction of new models. The Korea Automobile Manufacturers Association (Kama) said car exports by domestic companies were expected to reach 277,000 units
      AFP  -  195 words
    • Article
      Lock icon Use extra revenue to cut deficit: Keating
      87 5 Bloomberg Business News CANBERRA Australian Prime Minister Paul Keating said additional revenues from stronger-than-expected economic growth will be used to cut the nation's budget deficit. "As the economy improves, as the outlays of the commonwealth are reduced that is outlays on unemployment benefits
      Bloomberg Business News  -  87 words
    • Article
      Lock icon India, China to restore banking links
      67 5 AFP NEW DELHI India and China will sign an agreement restoring direct banking links during Indian Vice-President K R Narayanan's week-long visit starting today. The two countries will also sign a memorandum of understanding on providing multiple entry visas to officials of the two
      AFP  -  67 words
    • Article
      Lock icon No English for Indian kids under 10
      78 5 Reuter NEW DELHI India's Hindu nationalist party, keen to strengthen the influence of the native Hindi language, plans to end English study for the youngest Delhi primary school pupils, a newspaper reported yesterday. The Pioneer daily quoted state Education Minister Sahib Singh Verma
      Reuter  -  78 words
    • Article
      Lock icon US keen to resume talks with Japan
      62 5 Bloomberg Business News TOKYO The United States is anxious to resume negotiations with Japan over car trade issues in the coming weeks, according to a senior US official. "My hope would be in the next week or two, but I don't know that
      Bloomberg Business News  -  62 words
    • Article, Illustration
      Lock icon Plague causes India loss of 40b rupees
      384 5 Export body blames panic reaction by many countries and govt apathy Reuter NEW DELHI India lost an estimated 40 billion rupees (551.92 billion) in export earnings in the past few weeks due to the outbreak of plague that led several countries to quarantine
      Reuter  -  384 words
    • Article
      Lock icon Pakistan opening door to US textiles
      148 5 Bloomberg Business News WASHINGTON The Clinton administration has reached a tentative agreement with Pakistan to open its markets for US textile and apparel exports, US Trade Representative Mickey Kantor said on Wednesday. Mr Kantor described the accord as a "landmark agreement" that will allow
      Bloomberg Business News  -  148 words
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      215 5 fi^ Mr Wtk ft Awiafete tri 2.0,25 and 3.0 km for both Sedon and Estate mode*. v < ~f; £V s I >~ > S l \t." SOMETIMES I WONDER IF IT IS ALL <£7 WORTH THE EFFORT >--- > i ,v. #> -■> s- r .•> 4V THEN DISCOVER
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  • REGIONAL FOCUS
    • Article, Illustration
      Lock icon A dynamic but brash leader falls
      907 6  -  The removal of Cambodian Finance Minister Sam Rainsy From Harish Mehta in PHNOM PENH WHAT could Cambodia's Finance Minister Sam Rainsy have done wrong to be axed just 15 months after being appointed? And what a period it was. Mr Rainsy slashed inflation from
      Reuter  -  907 words
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      2371 6 i i i i i I IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF MARFULA INVESTMENTS PTE LTD (In Member*' Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held M 4 Qui Street 1 Jurong
      2,371 words
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      Page 6 Advertisements Column 2
      339 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EROSA INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Ihe members of the abovenamed Company duty convened and held at 4 Gul Street 1 Jurong Singapore 2262 on the 14th day
      339 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      650 7 A P re-Owne d L exus. Even ike warranty lias that new-car smell. A Lexus Certified Pre-Owned Car comes with the toughest roads any Lexus will ever have to travel. regarded as one of the world s smoothest changes in gear something you won't find in other previously owned In
      650 words
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  • THE WORLD
    • Article
      US markets to spring surprise in '95, says Morgan Stanley
      417 8  -  By Vikram Khanna SINGAPORE Next year will be a year of pleasant surprises in US financial markets, as economic growth slows, inflation remains under control and the dollar recovers, Morgan Stanley chief economist Stephen Roach said yesterday. He told about
      417 words
    • Article
      Lock icon Slowdown in world telecoms growth last year: UN
      125 8 Reuter GENEVA The world telecommunications market, for years in a boom cycle, saw a sharp slowdown in overall growth in 1993, United Nations figures showed. The UN's International Telecommunications Union (ITU), in an outline report received by Reuters yesterday, said worldwide revenues
      Reuter  -  125 words
    • Article
      Lock icon Fed set to raise rates on Nov 15 if economy stays firm
      393 8 Bloomberg Business News WASHINGTON If the economy continues to come on strong, the Federal Reserve will raise key interest rates on Nov IS for the sixth time this year. The mindset among Fed officials already favours raising the
      Bloomberg Business News  -  393 words
    • Article
      Lock icon Bundesbank chief hints at new interest rate cut
      362 8 Reuter FRANKFURT Bundesbank president Hans Tietmeyer said yesterday the central bank could not rule out another cut in interest rates this year but he warned money policy had to stay tight if inflation goals were to be met. In a wide-ranging interview
      Reuter  -  362 words
    • Article, Illustration
      Lock icon Chance of several lifetimes
      55 8 AFP ZAGREB, Croatia Croats queuing to buy tickets for the Croatian lottery T of 37' on Wednesday, trying to beat the 6.00pm closing time. The jackpot in this popular game now exceeds two million German marks (551.95 million) equivalent to more than 800 years' salary for
      AFP  -  55 words
    • WORLD WATCH
      • Article
        Lock icon White House subpoenaed
        68 8 Bloomberg Business News WASHINGTON The independent counsel's office has subpoenaed the White House for all documents related to the Clinton administration's investigation of Agriculture Secretary Mike Espy. The documents must be given to independent counsel Donald CSmaltz's office by Nov 10, according to a statement released by
        Bloomberg Business News  -  68 words
      • Article
        Lock icon US violated world trade accords
        86 8 AFP WASHINGTON A world trade panel has ruled that the US violated international trade agreements in nine of 15 cases in imposing punitive anti-dumping duties on European steelmakers last year. The panel of the General Agreement on Tariffs and Trade ruled on Wednesday that the
        AFP  -  86 words
      • Article
        Lock icon Britain liberalises phone service to US
        86 8 Reuter LONDON Britain said yesterday it was opening up telephone service to the US to new competition, saying that should result in cheaper phone calls. The announcement means new players can lease lines from Britain's two international phone companies, British Telecommunications and Mercury, a
        Reuter  -  86 words
    • Article
      Lock icon Left wing of Kohl's party rejects curbs on dole payments
      268 8 Reuter BONN The left wing of Chancellor Helmut Kohl's Christian Democratic party (CDU), which could become a thorn in his side because of his slender majority, demanded yesterday that he drop plans to curb unemployment benefits. The head of the
      Reuter  -  268 words
    • Article
      Lock icon UN calls for trade reforms to help Third World boost exports
      372 9 Reuter COLUMBUS, Ohio UN Secretary-General Boutros Boutros-Ghali told a world trade conference here on Wednesday that trading practices had to be drastically reformed or poorer nations would not reap the benefits of the fast-expanding global trade. He said that
      Reuter  -  372 words
    • Article
      Lock icon IMF urges Moscow to fight budget deficit
      281 9 Russia told to restore confidence in rouble Reuter MOSCOW Senior officials of the International Monetary Fund, talking tough on Russia, urged the government on Wednesday to fight inflationary budget deficits and restore confidence in the battered rouble. The IMF officials, including top Russia
      Reuter  -  281 words
    • Article
      Lock icon More British manufacturers working at full capacity: survey
      137 9 Reuter LONDON Some 37 per cent of British manufacturing firms were working at full capacity in the third quarter, according to a quarterly economic survey from the British Chambers of Commerce (BCC). This compares with 29 per cent in the second quarter
      Reuter  -  137 words
    • Article, Illustration
      Lock icon The second wave
      42 9 Reuter BROOKFIKLD, Illinois Windy, an 18-year-old bottle nose dolphin, swimming with her newborn calf at the Brookfield Zoo in suburban Chicago on Tuesday. The calf, born last Tuesday, is only the second successful dolphin birth at the zoo. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Russia hopes today's CIS summit will strengthen cohesion
      308 9 AFP MOSCOW Leaders from the Commonwealth of Independent States (CIS) are gathering here today in a fresh bid to remove obstacles to their economic integration, with Russia determined to strengthen cohesion among the 12 former Soviet republics. For President Boris Yeltsin, the
      AFP  -  308 words
    • Article
      Lock icon US Labour Dept to review charge against Sony
      283 9 Reuter WASHINGTON The Labour Department agreed on Wednesday to review a complaint by four human rights groups that charged Sony Corp with violating workers' rights to organise and associate freely at its Mexican plant. The decision by the department's National Administrative Office
      Reuter  -  283 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      473 8 ■I The Scope Is Global. I The Opportunities Are Yours. H The Government of Singapore Investment Corporation (GIC) is the largest global fund management institution in Singapore. We are responsible for managing a significant portion of the nation's foreign reserves. With our Headquarters in lIP Singapore, our current network spans
      473 words
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      Page 8 Advertisements Column 2
      55 8 THE RAFFLES ICON V K RSAT lON "The UN is a contradiction in terms, because nations can never be united. Globe-trotting economist and political scientist Ervin Laszlo on the gridbck of international policy-making And why he moved his home from Manhattan to a mountan top near Ptsa. In Executive Lifestyle
      55 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      179 9 1 ■111! II I 1 Bungalow design is your choice. Enjoy over 365 nearby islands, sailing, water WS skiing, fishing, crabbing second to none, fIHHHHHj wJßfjj swimming, tennis, golfing and walking P distance to school shops TT TT> A IT? •Trains transport a hop away jJiS IK. 11 S) J_E3
      179 words
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      Page 9 Advertisements Column 2
      114 9 AUCT lON Jl th e connoisseurs'dreams are made.... The Mondial Auction. A multi-million-dollar assemblage of fine jewellery and pocket Discover among the antiques and heirlooms, as well as more recent masterpieces fashioned of the rarest gems. Just some of the history, heritage and the highly unusual at the region's premier
      114 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      211 10 AU over the world there is om name people trust or co l clean air f or DAIKIN ,=====S S y Stem and the uniquely flexible VRV technology, Daikin continues to set new standards S residential, commercial and industrial aircon systems. In fact, Daikin VRV Aircon BE 5 technology is
      211 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Winning the consumer war in China
      725 11  -  China PR veteran Kimberly Arnett tells Michelle Low the do's and don'ts of selling to the new-found China market Michelle Low CHINA'S the new land of opportunity. Everyone wants to get in there, and fast. It is, after all, the biggest consumer market in
      Photo by Chris Loh  -  725 words
    • Article
      Lock icon Beijing gets tough on misleading ads
      275 11 Bloomberg Business News CHINA is expected to pass a tougher advertising law within a week to stamp out misleading advertisements and curb spiralling ad rates, the China Daily reports. The revised Advertising Law, submitted for final approval to China's parliament yesterday, insists advertising rates
      Bloomberg Business News  -  275 words
    • COPY LINES
      • Article
        Hermes pays tribute to the horse
        73 11 SINGAPORE Luxury products retailer Hermes yesterday launched its "Love of The Horse Exhibition" at its boutique in Takashimaya. The exhibition, which ends on Oct 29, is a tribute to the horse, whose form and function inspired the existence and evolution of Hermes. Since its
        73 words
      • Article
        Lam Soon is new Kerrygold distributor
        62 11 SINGAPORE Lam Soon Singapore has been appointed as the new distributor for the Irish Dairy Board's Kerrygold butter and cheeses. Lam Soon has been aggressively expanding in the past year, diversifying from its core businesses in edible oil to other food and beverage products.
        62 words
      • Article
        Northwest ups capacity on S'pore route
        56 11 SINGAPORE Northwest Airlines is increasing its business class capacity on the Singapore route with the introduction of the Boeing 747-400 aircraft on Oct 31. The aircraft, which will be used on five of Northwest's seven weekly flights from Singapore, will increase business class seating
        56 words
      • Article
        Lock icon Grey Advertising wins P&G agency
        81 11 NYT NEW YORK Procter Gamble Co said on Wednesday that it had named Grey Advertising in New York as the global agency for its newly acquired Giorgio Beverly Hills line of luxury fragrance brands. The assignment, which had been expected, consolidates P&G's prestige fragrance business
        NYT  -  81 words
      • Article
        Lock icon Zimmerman wins Mitsubishi accounts
        42 11 NYT FORT LAUDERDALE, Florida. Zimmerman Partners Advertising said it had been awarded the accounts of three additional Mitsubishi dealer associations, bringing the total it handles to 15, with combined billings estimated to exceed US$3O million (Ss44 million). NYT
        NYT  -  42 words
    • Article, Illustration
      Jaguar poised to pounce back
      668 12  -  Order books are filling, but a lot is riding on the new Jag, writes Lilian Ang Lilian Ang AT a private function next Thursday guests of car dealer Malayan Motors will feast their eyes on the new Jaguar models which have won accolades the world
      668 words
    • Article
      Lady in Red promotes Anchor beer
      248 12  -  By Juliette Walker THE Lady in Red has been pub-crawling her way around Singapore for the past six weeks. Her aim, though, is to sell beer, not drink it. The Lady in Red is Anchor Beer's innovative, new promotion gimmick and no kin to
      248 words
    • Article, Illustration
      Lock icon Aussie advertisers wake up to potential of ethnic markets
      288 12 Reuter Australia is one of the world's most multicultural societies with 20 per cent of its people coming from 150 countries, yet the nation's corporate leaders have traditionally ignored its ethnic communities. But as more wealthy migrants arrive, especially from Asia,
      Reuter  -  288 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      134 11 I How do you access 90,7281 people who have computers I /or personal use all it takes is SOURCE AP7 SO WHAT ABOUT THE C.O.E? $243,000 inclusive C.O.E. lor Immediate Registration. Introducing the new Alfa 164 Super, 24-valve quad cam, 210 BHP, advanced electronically managed 4-speed auto gearbox with AUTO,
      134 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1494 12 m t i L- i Make new business contacts through oassmcauon 203 in The Straits Times Classified. CATA I i HOTEL PROPERTIES LIMITED (Incorporated In the Republic of Singapore) LOST CERTIFICATE Notice is hereby given that share certificate no. *****0 covering 1,000 shares in the name of Lim Boon Kim
      1,494 words
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      Page 12 Advertisements Column 2
      371 12 I NOTICE NOTICE IS HEREBY GIVEN that, I TAN KIM HENG of Blk 327 Übi Ave 1 #08-667 Singapore 1440, have applied for a First Class Beer House Licence in respect of premises at M/s Sim Lim Square Food Court at 1 Rochor Canal Road B1 08/39 Singapore 0719, and
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  • SPORTS
    • Article, Illustration
      Lock icon Kamm, Murphy take lead after one round in Las Vegas
      484 13 Golf AP LAS VEGAS Brian Kamm and Sean Murphy shot 645, but shared the spotlight with two big names on Wednesday in the first round of the five-day, 90-hole Las Vegas Invitational over three courses. Kamm, who has not finished
      AP  -  484 words
    • Article
      Lock icon PGA makes foray into former East bloc
      576 13 Reuter PRAGUE The Professional Golf Association (PGA) was making its first foray into the former communist East bloc yesterday, but only after lastminute help from the soldiers who were once charged with keeping the West at bay. The U*****,000 (S$ 1.102 million) Czech
      Reuter  -  576 words
    • Article
      Lock icon Australia-NZ clash marks fitting end to rugged rugby season
      559 13 AFP AUCKLAND Soccer is a gentlemen's game played by thugs, so the old sporting adage goes, and rugby is a thug's game played by gentlemen. After a spectacularly violent first-class clash last week, the brawler tags could be applied exclusively to
      AFP  -  559 words
    • Article
      Lock icon Scotland skipper slams rugby's march towards professionalism
      407 13 UPI EDINBURGH Gavin Hastings on Wednesday labelled Scotland's Stars the poor relations of world rugby as he lifted the lid on housing payments for amateur players. Hastings was reappointed Scotland's skipper through to next year's World Cup earlier this week. The 32-year-old was
      UPI  -  407 words
    • Article, Illustration
      Lock icon The new playing fields of corporate America
      506 13 Bloomberg Business News SAN FRANCISCO There was a time when American stadiums and arenas carried tradi-tion-laden names only, like the Boston Garden, Yankee Stadium, Fenway Park, Chicago Stadium and Soldier Field. But as those facilities become old, obsolete and discarded, they arc being
      Bloomberg Business News  -  506 words
    • Article, Illustration
      Lock icon The stars who can produce drama on the field
      709 13 AP NEW YORK Deion Sanders, Joe Montana and John Elway defined star quality for the National Football League this week. In a sport where 99 per cent of the participants are interchangeable parts clad in suits of armour, there are, perhaps,
      AP  -  709 words
    • SIDELINES
      • Article
        Lock icon Games winner wrestled with tumour
        176 13 Reuter SEOUL A South Korean wrestler won a gold medal at the Asian Games with a cancerous tumour bigger than a baseball in his stomach, hospital officials said yesterday. Song Sung 11, 25, took gold in the Greco-Roman mid-heavyweight category by beating Kazakhstan's Vitalii Leikine
        Reuter  -  176 words
      • Article
        Lock icon England makes bowler complaint
        110 13 AFP PERTH, Australia England's Ashes tour yesterday became embroiled in controversy before it had even started when the tourists' manager complained that no practice bowlers had been provided. "It's just not good enough," Keith Fletcher said, blaming the Western Australian Cricket Association. "It's the first time
        AFP  -  110 words
      • Article
        Lock icon Hunt for the world golf champ
        152 13 NYT NEW YORK The search for a mythical world golf champion will be undertaken in a new event that will feature 32 players vying for the US$l million (SSI.S million) winner's prize. The U553.65 million tournament will start next year and take place periodically
        NYT  -  152 words
      • Article
        Lock icon Rothenberg to bag US$ 7m
        116 13 AP NEW YORK Alan Rothenberg, chairman of the US World Cup organisers, will get US$7 million (5510.3 million) for his soccer work, US$4 million more than World Cup USA 1994. In addition to the US$3 million in back pay, Rothenberg will get US$BOO,OOO for each
        AP  -  116 words
    • SCORE CARD
      • Article, Illustration
        Golf
        116 13 TOKYO 120 million yen (Ssl.B million) Bridgestone Open Ist rd yesterday (Japanese unless stated): 66 Kiyoshi Maita 67 Roger Mackay (Aust), Daisuke Serizawa, Tomohiro Maruyama 68 Masashi Ozaki, Brian Watts (US). Hideki Kase, Toshiaki Odate, Graham Marsh (Aust). Nick Price (Zim). Abo: 72 David Ishii (US), Hsieh Chin-sheng (Tai),
        116 words
      • Article, Illustration
        Soccer
        261 13 LONDON European Champions' league 3rd series group matches on Wednesday Group A: Manchester Utd (Eng) 2 Barcelona (Spn) 2; Gothenburg (Swe) I Galatasaray (Tur) 0. Standing (p w d I gf ga pis): 1 Man Utd 3 12 0 6 4 4 2 IFK Gothenburg 3 2 0 1
        261 words
      • Article, Illustration
        Tennis
        254 13 BEIJING Salem Open 2nd rd on Wednesday: Albert Chang (Can) b 7-Jim Grabb (US) 6-3 6-4; Anders Jarryd (Swe) b 2-David Wheaton (US) 5-7 6-3 6-1; Tomas Nydahl (Swe) b Rick Leach (US) 6-4 6-4; 5-Andrei Olhovskiy (Rus) b Nicolas Pereira (Ven) 6-4 6-2. BRIGHTON, England Brighton International women's
        254 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      602 14 Beats A Bud 7 Or -i fresh .PASTA k>AI LY. W From Pasta Frosca. Tho only restaurant to make Its own spociaHy pasta. •voryday. Savour porfoct pizza, groat golati and torrtfk: Mramtsw. All topped wlth Italian hospitality. Pasta Frmco Oo SuKnlOf Pta Ud 30 800 l Quo*. SIOIO4I KJpen 24
      602 words
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      Page 14 Advertisements Column 2
      360 14 -~p WHERE TO WINE, DINE AND ENTERTAIN I BUSINESS LUNCH OR I FAMILY DINNER, I 1 FEAST ALL YOU CAN. 1 That's over 50 delightful dishes in all! jJJ jSji Featuring the best talked about seafood and Cantonese cuisine. All you can eat. Complimentary platter of K S3 suckling* pig
      360 words
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      Page 14 Advertisements Column 3
      305 14 Enougko EmougLo EnougUi* "Enougfi is enough. 35 appetisers, 20 desserts plus main courses. When ourguests start on tfu appetiser spread at our monthly international lunch buffet, they never finish. In fact, they alu/ays endup conceding that theyve had more than enough. Come try it to believe. IQQ 7or reservations, please
      305 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Still the king of special effects
      766 15  -  George Lucas, the creator of Star Wars, talks to Bernard Weinraub about his dreams and his disillusionment and explains why he left Hollywood for good Bernard Weinraub NYT Years ago George Lucas fled Hollywood, a town and a state of mind that appalled him.
      NYT  -  766 words
    • Article, Illustration
      A rich and varied European feast for film buffs
      753 15  -  From history to politics to love, the 10-day festival offers a wide choice, says Susan Tsang Susan Tsang STARTING tomorrow, film buffs will have another 10-day dose of European films stuff which differs from our usual cinematic fare in that they
      753 words
    • Article
      Lock icon Roseanne engaged to her bodyguard
      338 15 CHATTERBOX AP UPI UPI UPI ROSEANNE has met her match, again. And this time he's even bigger than she is. The ample TV star got engaged last Friday to her blond bodyguard. Ben Thomas. Her publicist, Kevin Campbell, said the couple have not set a
      AP; UPI  -  338 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      97 15 IgmUEftKMONEr VALUE FOR MONET V; VALUE FOR MONEY p I Nasi padanG I If BUFFET LUNCH I i EBHZSEMin I' -jflfelfc. I => 1 ylrvrs AX AC ARTE jH|£K. O i 1 all I|£ S APPETIZER SOUP PRAWN CHICKEN FISH MUnON M x BEEF CUTTLEFISH CRAB EGG VEGETABLE §j| DESSERT
      97 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      982 15 "Cucumber" de t aH Marco iced. His (Michelle PfeifTer) leaves her stolen goods to She pursued by the Cucumber's amorous boss. car-nominated Dean l^lr Jonathan Demme comedy. jp i sequel. Danny Glover and Jwi Jft Gary Buse\ take o\er as cops v battling drug dealers in an ur- llfl ing
      982 words
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  • Article
    China sets the benchmark
    501 16 CHINA, by any measure, made the biggest impact at the Hiroshima Asian Games which concluded last Sunday. Even before the Games had actually begun, China had threatened a boycott because the Olympic Council of Asia had invited Taiwan President Lee Teng-hui to attend the opening ceremony.
    501 words
  • WHAT THE OTHERS SAY
    • Article
      Haiti: how to save the peace
      252 16 THIS WEEK'S clashes in Haiti strengthen the view that although the United States has won the war, the Haitians will have to save the peace. What matters most is economic reconstruction so that the Haitians can realise the aspirations that prompted them to elect
      252 words
    • Article
      Promoting the spirit of trade
      192 16 SINGAPORE'S entry as the 30th founding member of the World Trade Organisation (WTO) is a milestone in the republic's role as a trading nation. Trade is the lifeblood of Singapore. But the republic's presence in the WTO is not just to protect our interests; more
      192 words
    • Article
      We should cluck together
      175 16 THE STANDOFF between the chicken industry and the government representing the rights and views of consumers has now gone into the next round. Into the coop has flown the Minister of Agriculture in defence of poultry breeders and their brood, even as the Minister of Domestic
      175 words
    • Article
      A continuing thrust
      137 16 ALTHOUGH it certainly must sound over-optimistic to say at this moment in history that an era of peace seems to be dawning, nevertheless the turns which some of the most serious local and regional conflicts have taken lately surely must give people everywhere reason for at least
      137 words
    • Article
      Private estates will benefit
      176 16 WHEN Minister for Defence and Labour Lee Boon Yang visited Nee Soon South constituency a few days ago, he heard to his delight that residents of nine private estates would form a residents' association. A representative also said that they hoped to make residents' committees (RCs)
      176 words
    • Article
      Tough decisions needed
      112 16 THE RISE in China's annual inflation rate to 27.4 per cent in September from the already unacceptably high level of 25.8 per cent in August is cause for considerable alarm. Although widespread flooding last month contributed to the rise in consumer prices, meteorological conditions alone cannot be
      112 words
  • Article, Illustration
    W European car-makers start to rev out of the recession
    1077 16  -  While new car sales have started picking up in the EU, manufacturers there realise that the big markets of the future lie abroad. Salil Sarkar reports Salil Sarkar The writer, a Paris-based journalist, contributed this article to BT THIS YEAR,
    1,077 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      364 16 RADIO CORPORATION OF SINGAPORE presents r±- BIfIiUSISUIISIttiUU Surviving the 21st Century with Proven Marketing and Positioning Strategies *****.50 (SIM MIS wntm) 551.***** (Non-membm)* November 7,1994 The WesttuHotel Jfht world's foremost marketing strategists -Ries& Trout will impart practical ideas and concepts to help you position your products and services above your
      364 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      85 16 (JOHCS WHOLV ™\S INfO IHCI rvtr uiRiTTeH F\ Ue.Treß TO P\H \CPkNIM- OM yoJR OJF\I v4QPoe i\»4<NOoiN \Mk~ tJrn o« vte£ or ?pi Prst trf\ls P*o F\MD W MOPeS frA I VT £Sp iNSP^PcnoHSree-rvte.route-~ r J CTI L-—* t mocuwo nkw»«WM LIB- W«»-IW« DOONESBURY GARRY TRUDEAU PILLAR FOUR -CARJN6. IMS
      85 words
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  • ANALYSIS
    • Article, Illustration
      Explosive views on IQ, race and class
      2860 17  -  Malcolm W Browne reports on three new controversial books which add more fuel to the volatile debate on intelligence Malcolm W Browne The writer is a science reporter for The New York Times. This article first appeared in The Sew York Times Book
      2,860 words
    • Article, Illustration
      Lock icon Scrambling for a place to set up shop in China
      1057 17  -  Joyce Barnathan, Lynne Curry and Russell Mitchell find office space at a premium as Western companies rush in, but the worst may soon be ovec Joyce Barnathan, Lynne Curry and Russell Mitchell FROM THE 37th floor of the China World
      Source: Colliers Jardine Holdings Ltd  -  1,057 words
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  • Article, Illustration
    Lock icon PM Goh asks Swiss business to use S'pore as a launch pad
    573 18  -  From Walton Morais in BERNE PRIME Minister Goh Chok Tong yesterday said the first official visit to Switzerland by a Singapore leader would underpin strong, economicsdriven bilateral relations and signal to businessmen that "we want to do more
    Reuter  -  573 words
  • COMPANY RESULTS
    • Article
      Lock icon IBM: profit jumps to US$ 689m
      79 18 Bloomberg Business New ARMONK, New York International Business Machines Corp reported a profit in the third quarter well above Wall Street's expectations. Net income was US$6B9 million (SSI.OI billion), or US$l.lB a share, for the three months ended Sep 30, compared to a loss
      Bloomberg Business New  -  79 words
    • Article
      Lock icon GM: profit hits US$ 552m
      53 18 Reuter DETROIT General Motors Corp yesterday reported a profit of US$552 million (*****.4 million) for the third quarter, although its North American operation continued to lose money. The profit, which followed a US$ 113 million loss in the year-ago period, came on strong revenues of
      Reuter  -  53 words
    • Article
      Lock icon Coca-Cola: profit up 20%
      51 18 AFP ATLANTA, Georgia Coca-Cola, the world's largest soda pop manufacturer, announced yesterday that its profit had risen 20 per cent in the third quarter of this year to US$7OB million (551.04 billion). Revenues rose 23.2 per cent to U554.46 billion from the third quarter in 1993.
      AFP  -  51 words
    • Article
      Lock icon AT&T: profit up 2.9%
      43 18 AFP NEW YORK AT&T yesterday announced that its profits had risen 2.9 per cent in the third quarter to US$l.O5 billion (551.54 billion). Revenues rose to U5518.65 billion, up 8.24 per cent from the July to September period. AFP
      AFP  -  43 words
  • Article
    UK minister quits, says he took cash to ask questions
    315 18 LONDON Tim Smith, a junior minister for Northern Ireland, resigned after he admitted to receiving money to ask questions in Parliament, the UK government said yesterday. Mr Smith was accused with Trade and Industry Minister Neil Hamilton of being paid
    315 words
  • Article
    Lock icon US investigates trading practices of Nasdaq brokers
    375 18 Bloomberg Business News NEW YORK The Justice Department anti-trust division is investigating allegations of price fixing by securities dealers in the Nasdaq Stock Market, where shares of about 4,800 companies trade. For the Nasdaq, which bills itself the stock market for the next
    Bloomberg Business News  -  375 words
  • Article
    World Bank warns govts against risk guarantees for foreign investors
    276 18  -  From S N Vasuki in JAKARTA A SENIOR World Bank official yesterday warned Asian governments against giving guarantees that cover commercial risk to foreign investors establishing infrastructure projects. Greg Ingram of the banks research advisory staff said these guarantees were
    276 words
  • Article, Illustration
    Changing the rules for the EU Club
    650 18  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared HERE'S something that sounds like an entertaining idea. France's Minister for European Affairs, Alain Lamassoure, is proposing that the European Union
    650 words
  • Article
    Tokyo, London exchange chiefs clash over securities laws .
    549 18  - Tokyo, London exchange chiefs clash over securities laws From Anthony Rowtey in TOKYO THE managing director of the Tokyo Stock Exchange, Yoshiaki Kaneko, warned yesterday that a "race to the bottom" was developing through competition among global securities markets to relax rules and regulations. Securities issuers and investors could suffer
    549 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      37 18 ~%$><>}\:*%&*[|}}[(*|'=->$=[?'^ CAMELOT HOLDINGS PTE LTD Presents Classic distinctive Crystals CAMELOT Palais Renaissance #81-01/04 Tel: 738 9862 #01-35 Change Alley Tel: 535 8018 GENESIS CRYSTALS #01-01 OUB Centre Tel: *****10 1 Scotts Rd #03-43 Shaw Centre Tel: 735 0956
      37 words
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      Page 18 Advertisements Column 2
      10 18 World forum told of challenge in project financing, Pg 23
      10 words
    • Advertisement
      Page 18 Advertisements Column 3
      89 18 /:;\&}(+-]@/=%*>}>_<~:__`,^;']^ We can incorporate an offshore company for you in ALL jurisdictions but particularly recommend: MH.K. HK$ 2700 BELIZE US$45O U IRELAND £195 TURKS US$45O U GIBRALTAR £250 BAHAMAS US$6OO MISLEOFMAN £250 8.V.1. US$65O U JERSEY £450 CAYMAN U551,750 After incorporation we ofter full administration, accounting, nominee and banking services.
      89 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        39 19 Firm 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, Fraser. Nomura. OngCo, Phillip, Smith New Court, W! Carr ana SG Warburg.
        39 words
      • Article, Illustration
        HOT STOCK
        133 19  -  By Paul Leo UNITED Overseas Finance's Monthly Relative Strength Index is heading towards 2S, indicating that the downside is limited. Weekly Moving Average Convergence-Divergence Indicator has already signalled a buy. However, investors looking to buy the counter can a fiord to wait. Though the stock may head towards
        133 words
    • Article
      Acquisitive Jack Chia-MPH unlikely to stop at Players
      422 19  -  From Florence Chong in SYDNEY WITH the acquisition of the Australian biscuit-maker Players Group, Jack ChiaMPH now has a toehold in the Australian biscuit market about 4 per cent. The market is estimated to be worth around AsBoo million (SsB64 million) a
      422 words
    • Article, Illustration
      National Printers plans corporate revamp
      301 19  -  By Teh How Ling SINGAPORE Singapore National Printers will restructure itself as an investment holding company to assist diversification. And to reflect its new status, it intends to change its name to SNP Corp. Under the restructure, it will hive off its general printing and
      301 words
    • Article
      WBL confirms it is selling O'Connor's stake
      249 19 SINGAPORE WBL Corp yesterday confirmed that it was trying to sell part of its stake in a listed Malaysian company to Tongkah Holdings of Malaysia and Goldtron of Singapore. The sale of 13.2 million shares or 31 per cent of O'Connor's Engineering Trading
      249 words
    • Article, Illustration
      Will Sebi-sewage firm mix smell good?
      759 19  -  HOCK LOCK SiEW By William Chia SINGAPORE Sewerage companies are not normally glamorous. But when you mix rising Malaysian corporate star Ahmad Sebi Bakar with national sewerage contractor Indah Water Konsortium and its M 56.2 billion (553.58 billion) contract, a different picture unfolds. Berjaya
      759 words
    • Article
      Malaysian group restarting Sydney's World Square
      279 19  -  From Florence Chong in SYDNEY A CONSORTIUM of Malaysian investors, including IJM, one of the country's largest construction companies, is to restart the stalled World Square project in Sydney. Ipoh Gardens started the project but it stalled in 1990 after the company locked out
      279 words
    • Article
      Pan Malayan Holdings buys office building in Melbourne
      175 19 SINGAPORE Locally listed Pan Malayan Holdings is buying an office building in Melbourne, Australia, for As4o million (5543.2 million). The property group said yesterday it would use a wholly owned subsidiary for the acquisition, which is part of a larger effort to
      175 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon D Keramat's interim up ten-fold
          54 20 Bernama KUALA LUMPUR Datuk Keramat Holdings Bhd has recorded a hefty rise in its group pre-tax profit to M$ 137.81 million (5579.5 million), for the half-year ended July 31, up 967 per cent from M$ 12.56 million in the previous corresponding period. No interim dividend
          Bernama  -  54 words
        • Article
          Acma stockholders 'yes' to share split
          84 20 SINGAPORE Acma's shareholders have approved a one-to-two share split at an extraordinary general meeting yesterday. The par" value of its ordinary shares will be 50 cents instead of 1 after the split. Its authorised share capital will also increase to 200 million shares, while
          84 words
        • Article
          HPL gets new associate company
          85 20 SINGAPORE Hotel Properties said yesterday that it has acquired a new associate company, Planet Hollywood Singapore, which is locally incorporated. The restaurant operator was acquired by Planet Hollywood Asia, a subsidiary of Planet Hollywood Holdings which in-turn is a subsidiary of HRC Holdings, an associated
          85 words
        • Article
          Causeway draws down $7.5 m loan
          60 20 SINGAPORE Causeway Investment announced yesterday that it has drawn down the full amount of a $7.5 million loan granted by DMT Properties. The loan agreement was dated June 9. Part of the money will be use to redeem its loan stock maturing on Oct
          60 words
        • Article
          YHS replies to KLSE query
          50 20 SINGAPORE Yeo Hiap Seng said yesterday it has not entered into any contract relating to the sale of shares in its Malaysian associated company Yeo Hiap Seng (Malaysia). This was in reply to a Kuala Lumpur Stock Exchange query on YHS (M)'s unusual market action.
          50 words
      • Article
        Lock icon Hicom subsidiary gets data interchange licence
        127 20 Bernama KUALA LUMPUR Hicom Holdings Bhd's wholly-owned subsidiary, Hicom Communications Sdn Bhd, was awarded an electronic data interchange licence by the Ministry of Energy, Telecommunications and Posts. Hicom said the project entails the provision of EDI service by Hicom Network Services Sdn Bhd (HNS),
        Bernama  -  127 words
      • Article, Illustration
        Salomon recommends growth stocks in marine industry
        410 20  -  By Rahita Elias SINGAPORE Investors keen on marine industry exposure should consider dumping shares of bigger yards and buying into medium-size outfits such as Singmarine Industries and Singapore Shipbuilding and Engineering, says US securities firm Salomon Brothers. In its maiden report on the
        410 words
      • Article
        Salomon's research unit biggest here
        286 20  -  By Shiv Taneja SINGAPORE Less than nine months after it was launched, the local equities research department of US financial giant Salomon Brothers has become the biggest of any international investment bank here, says director and head of research Bruce Rolph. Mr Rolph, who moved
        286 words
      • Article
        Former HBM pair the brains behind new venture
        311 20  -  By Joseph Rajendran SINGAPORE Two former directors of Sesdaq-listed HBM Print have enlisted the help of Pan Pacific Public Co and a major local printing company for a new venture. The new firm, Panpac Media, has become a mirror of HBM and
        311 words
      • Article
        Lock icon Damansara forms joint venture to develop land
        207 20 Bernama KUALA LUMPUR Damansara Realty Bhd, Jeram Kuantan (Malaya) Bhd and Uniphoenix Corporation Bhd are to jointly acquire and develop several pieces of land totalling 820.266 ha in Kuantan initially purchased by Damansara from Jeram Kuantan for M 565.6 million (5537.86 million). The
        Bernama  -  207 words
      • Article
        Untitled
        456 20 WUneeers'prices Oct 21 Mcndaki Or Fund 1.18 1.21x4 US Gr Fund 0.98 1 02— T 7?j s. s s3 a .a Ss* Spore Sec Fund 104 1.10 United Gr FundI! «l 1*9 S pore Invest Fund 1.26 1.33 Untied Asa Fund 1.72 1.82Spore Equity Fund 0.84 0.89 (J08 Life Hi
        456 words
      • Article
        Lock icon Tenaga Nasional in microwave joint venture
        319 20 Bernama KUALA LUMPUR Tenaga Nasional Research Development Sdn Bhd (TNRD) has signed a joint venture agreement with Microwave Technologies (South East Asia) Pte Ltd to manufacture and market microwave equipment. TNRD chairman Ani Arope, who is also Tenaga Nasional Berhad's executive chairman, said "our
        Bernama  -  319 words
      • Article
        Goldtron directors recommend Swilynn purchase
        274 20 SHAREHOLDERS of Sesdaqlisted electronics company Goldtron have been advised by directors to vote in favour of its acquisition of Hongkongbased magnetic tape maker Swilynn International Holdings for $42 million. In a circular to shareholders yesterday, Goldtron said the acquisition was in the interest of the
        274 words
      • Article
        Lock icon Ancom plans M$ 115m special, rights issues to fund expansion
        327 20 Bernama KUALA LUMPUR Ancom Bhd proposes to raise M 5115.3 million (5566.5 million) via special and rights issues to finance the expansion of its activities in the chemical, oil and gas and the shipping sectors. Ancom said in a statement
        Bernama  -  327 words
      • Article
        Lock icon New HK share listings no longer a sure bet
        500 21 Reuter HONGKONG A poor response to Hongkong's latest public offering shows the initial public offering (IPO) market is falling quickly back to earth after years of skyrocketing profits and demand, analysts said. Repair and maintenance outfit Wing Fai International Ltd said
        Reuter  -  500 words
      • Article
        Lock icon NZ's Telecom wins Privy Council appeal against rival
        449 21 Bloomberg Business News WELLINGTON Telecom Corp of New Zealand has won its appeal in the British Privy Council against rival phone company Clear Communications on pricing issues relating to Clear's desire to compete with Telecom in local call services. The Privy Council,
        Bloomberg Business News  -  449 words
      • Article
        Lock icon Giordano plans no let-up in expansion into China
        209 21 AFP HONGKONG Hongkong's leading clothes retail chain Giordano Holdings yesterday vowed to continue its expansion in China despite a sell-ofT by its mainland-linked major shareholder. Giordano, which also has stores in South-east Asian capitals, still plans to open 150 outlets in China
        AFP  -  209 words
      • Article
        Lock icon Matsushita seems open to disposing MCA unit: report
        225 21 Reuter NEW YORK Matsushita Electric Industrial Co Ltd appeared open to the possibility of selling its MCA Inc entertainment unit, the Wall Street Journal reported yesterday, citing individuals close to the situation. Matsushita executives, who said they would begin studying valuations of
        Reuter  -  225 words
      • Article
        Lock icon Fairfax plans move into pay-TV
        329 21 Bloomberg Business News MELBOURNE The chief executive of Australian newspaper publisher John Fairfax Holdings Ltd said the company is negotiating its first forays into pay television and on-line information delivery to businesses. In a speech to the Securities Institute of Australia, Stephen Mulholland also signalled
        Bloomberg Business News  -  329 words
      • Article
        Lock icon Chinese telecom firm opens shares to foreign investors
        415 21 Bloomberg Business News SHANGHAI Foreign investors got their first shot at owning a piece of a Chinese telecommunications company yesterday when shares of Shanghai Posts Telecommunications Equipment Co were listed on the Shanghai exchange. The price of the shares jumped 44 per
        Bloomberg Business News  -  415 words
      • Article, Illustration
        Lock icon Shanghai A shares surge on Beijing plans
        270 21 Reuter SHANGHAI Shanghai A shares soared yesterday amid renewed hopes that Beijing will go ahead with its plans to boost the market. The index put on 70.90 points, or 10.64 per cent, to 737.53 points on high turnover of 4.13 billion yuan. Investors
        Reuter  -  270 words
      • Article
        Lock icon BIL likely to buy back shares after cutting stake in Mt Charlotte
        328 21 Reuter WELLINGTON Brierley Investments Ltd is likely to buy back some of its shares during 1996, when it has reduced its exposure to British hotels group Mount Charlotte pic, broking house Hendry Hay Mcintosh says. Hendry Hay issued
        Reuter  -  328 words
      • Article
        Lock icon Lippo Asia sets up Philippine arm
        57 21 Reuter HONGKONG Lippo Asia Ltd, a unit of Hongkong's HKCB Bank Holding Co Ltd, said it has launched a new stock broking unit in the Philippines to focus on brokerage and corporate finance. In time the firm, Lippo Securities Inc. will expand into fund
        Reuter  -  57 words
      • Article
        Lock icon Samsung to build Thai factory
        36 21 Reuter SEOUL South Korea's Samsung Electronics Co said it would invest US$3O million to build a white goods factory in Thailand. The factory would have an annual capacity of 300.000 units.
        Reuter  -  36 words
      • Article
        Lock icon Humpuss wins US$ 495m deal
        50 21 Reuter JAKARTA Indonesia's Humpuss Group has been awarded a US$495 million (*****.6 million) contract by the government to build a three-berth terminal at the Jakarta port of Tanjung Priok, a company executive said. The contract was signed in August. Construction will start in December. Reuter
        Reuter  -  50 words
      • Article
        Lock icon IBM may underwrite Apple alliance
        60 21 Reuter NEW YORK International Business Machines Corp is discussing a plan to underwrite the costs of an alliance with Apple Computer Inc which could lead to IBM gaining rights to the Macintosh operating system, the Wall Street Journal reported in yesterday's edition. Funding of such
        Reuter  -  60 words
      • Article
        Lock icon Kyosha to make PCBs in Indonesia
        97 21 AFP TOKYO Japan's Kyosha Co Ltd yesterday said it had set up a joint venture in Indonesia with another Japanese firm *nd local concerns to produce and sell printed circuit boards. The joint venture will be capitalised at US$l.5 million and is expected to
        AFP  -  97 words
      • Article
        Lock icon Cost-cutting rings in better gains for US phone companies
        443 22 Reuter NEW YORK MCI Communications Corp, two Baby Bells and GTE Corp reported higher operating profits on Wednesday, as cost-cutting and revenue growth kicked in to boost the bottom line. MCI, the nation's No 2 long distance company, said its profits
        Reuter  -  443 words
      • Article
        Lock icon Digital sees silver lining in smaller quarterly loss
        294 22 FT SAN FRANCISCO Digital Equipment has reported smaller than expected losses for its first fiscal quarter as revenues grew modestly. The results raised hopes that the computer manufacturer would achieve its goal of returning to profitability by mid-1995 after four years of
        FT  -  294 words
      • Article
        Lock icon New products boost US drug firms' third-quarter earnings
        352 22 Bloomberg Business News HIGHER unit sales of new drugs boosted third-quarter earnings for four big US pharmaceutical companies, and two of them posted better-than-ex-pected results. Price increases, muted by heavy discounting for man-aged-care companies, have stabilised but contributed almost nothing to the
        Bloomberg Business News  -  352 words
      • Article, Illustration
        Lock icon Military wing powers McDonnell Douglas' 39% profit gain
        452 22 Bloomberg Business News ST LOUIS McDonnell Douglas Corp on Wednesday said higher earnings at its F/A--18 fighter and C-17 military transport programmes drove profit from operations 39 per cent higher in the third quarter. Profit from operations rose to US$l4O million (*****.5
        Bloomberg Business News; Reuter  -  452 words
      • Article
        Lock icon Microsoft's lst-qtr profit up 32% on robust Windows sales
        270 22 Bloomberg Business News REDMOND, Washington Microsoft Corp said fiscal firstquarter earnings rose 32 per cent on strong sales of its Windows operating system and Office package of business programs. The world's largest personal computer software company said on Wednesday that net
        Bloomberg Business News  -  270 words
    • FINANCE & COMMODITIES
      • Article
        Spanish banking giant makes S'pore its regional headquarters
        345 23  -  By Quak Hiang Whai SINGAPORE Spanish bank Banco Santander has set up an Asia-Pacific headquarters at its newly opened Singapore offshore branch. The bank Spain's largest will also shift some treasury operations here from its Tokyo branch. Visiting chairman Emilio Botin said
        345 words
      • Article
        OUB arranging US$ 100m funding for Bank of Queensland
        257 23  -  By Soh Tiang Keng SINGAPORE Overseas Union Bank has been asked by Australia's Bank of Queensland to arrange a US$lOO million (S$ 147 million) multi-option facility for it. Funds for this syndicated facility will be tapped from the Singapore-based Asian dollar
        257 words
      • Article
        Lock icon BCCI creditors set to accept US 1.8b deal
        313 23 Reuter LONDON Creditors of the collapsed Bank of Credit and Commerce International SA (BCCI) have agreed to accept US$l.B billion (552.65 billion) in compensation from Abu Dhabi in a deal to be announced very shortly, a creditors' spokesman said on Wednesday. The
        Reuter  -  313 words
      • Article
        Lock icon Bank Negara may have told banks to up deposit rates: dealers
        330 23 KnightRidder SINGAPORE Bank Negara. Malaysia's central bank, may have directed banks to raise their fixed-deposit rates, said dealers in Kuala Lumpur. Bank Bumiputra and other major banks in Malaysia hiked their one-month fixed-deposit rate to 4.25 per cent from
        Knight- Ridder  -  330 words
      • Article
        Lock icon Japan govt bonds may near 12 trillion yen
        101 23 AFP TOKYO Japanese government bonds issued in the fiscal year ending March 1996 are likely to reach nearly 12 trillion yen (SSIBO billion), exceeding 10 trillion yen for the third consecutive year, the Nthon Keizai Shimbun said yesterday. The expected large issue
        AFP  -  101 words
      • Article
        Lock icon Chemical Banking to sell risky loans
        95 23 AFP NEW YORK Chemical Banking, the fourth largest US bank, said on Wednesday it is selling off risky loans and real estate to Moigan Stanley Real Estate Fund for US$34l million (SSSOI million). Some 86 per cent of the package is risky loans and
        AFP  -  95 words
      • Article
        Lock icon China bank chief guilty of corruption
        92 23 Bloomberg Business News HONGKONG The president of the Shekou branch of the Bank of China was prosecuted for charges of corruption, bribe taking and embezzlement of a public fund, the semi-official China News Service reported yesterday. The Shenzhen judiciary found Zhang Junxi, president since
        Bloomberg Business News  -  92 words
      • Article
        Lock icon Monsanto chief joins Citicorp board
        57 23 Bloomberg Business News NEW YORK Citicorp on Wednesday named Robert B Shapiro, president and chief operating officer of Monsanto Co, to its board. Mr Shapiro's election brings to 17 the number of directors of the US' largest banking company. Shapiro first joined Searie, now a
        Bloomberg Business News  -  57 words
      • Article
        World forum told of challenge in project financing
        322 23  -  From S N Vasuki in JAKARTA PROJECT finance to meet Asia's huge infrastructure needs is readily available but the real challenge before governments in attracting capital flows is in introducing transparent legislation that will minimise risks and boost confidence of the international
        322 words
      • Article
        Lock icon Economic reforms a boon to Shanghai life insurance industry
        555 24 Reuter SHANGHAI Life insurance is booming in Shanghai, the only Chinese city open to foreign insurers. It is prospering along with private industry, whose workers are not covered by the state welfare system. Its rapid expansion reflects a new focus on
        Reuter  -  555 words
      • Article
        Lock icon India's Nalco to cut alumina output by 10%
        273 24 Reuter NEW DELHI India's National Aluminium Company Ltd (Nalco), Asia's largest aluminium maker, will cut alumina production by 10 per cent because of slack global demand, company officials said. "We have decided on a 10 per cent cutback in production of alumina
        Reuter  -  273 words
      • Article
        Lock icon China steel industry outlook remains bleak in face of credit crunch
        323 24 Reuter HONGKONG China's steel industry will remain in the doldrums, economists and industry sources said, because the only way the government can bring the economy in for a soft landing is by further tightening credit. "Credit will remain tight,"
        Reuter  -  323 words
      • Article, Illustration
        Lock icon One more for the road
        54 24 Reuter PORT-AU-PRINCE A Haitian man selling petrol for around US$2O (5529.60) a gallon (4.5 litres) along a street in Port-Au-Prince as black market trade in fuel continues to nourish. But the market's days are numbered as tankers unload supplies for petrol stations which are due
        Reuter  -  54 words
      • Article
        Lock icon Japan expected to import more cadmium as domestic output falls
        291 24 Reuter TOKYO Japan may import more cadmium for use in nickel-cadmium batteries on the back of growing exports of electronic equipment to North America, Europe and Southeast Asia, industry sources said. "We're cutting zinc production, so there's not much possibility
        Reuter  -  291 words
      • Article
        Lock icon Asians buying less copper, aluminium
        383 24 Reuter KUALA LUMPUR Some buyers of copper and aluminium from booming economies in Asia are cutting down on purchases of these key base metals because of soaring prices in London and New York, regional trade sources said yesterday. Some Chinese, Japanese, South Asian and Vietnamese
        Reuter  -  383 words
      • Article
        Futures rise on strong refiner demand
        288 24 LONDON Brent crude futures extended a three-day, 3.8 per cent gain amid strong demand from refiners anticipating the completion of maintenance work. Prices were further boosted by soaring refined products futures in New York after part of the Colonial Pipeline ruptured and oil workers
        288 words
      • Article
        Lock icon Currency Reports: London
        201 24 Reuter LONDON The dollar stooped lower after the Bundesbank's chief economist said he was content to see a stronger mark, but nervous operators kept buying it back under 1.5000 marks, dealers said. "Yes, we are always happy with a strong mark," Bundesbank board member Otmar Issing said,
        Reuter  -  201 words
      • Article, Illustration
        Untitled
        1352 24 IraJe-uetfhled index inkutaled axainsi S pore's lop 14 trading partners Base year 1955 US$/S$ forward rates Noon Oct 20 1-month I 46S0 I W5 2-month l<WO 1.4675 V month 1.4640 1.4555 6-moMh 1.4590 1.4610 Snowy OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Oct 2t: Singapore dollars
        1,352 words
      • Article
        Lock icon New York
        97 24 AFP NEW YORK The dollar was steady in earty trading here yesterday, sticking close to Wednesday's closing level in a directionless market. At 1345 GMT, the dollar was trading at 1.5018 marks, up from 1.5015 on Wednesday, and at 97.30 yen, down from 97.35. Earlier in the day
        AFP  -  97 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen, Eurodollars trade narrowly
        1257 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollars futures close flat in narrow range trading. Dealers said Euroyen was range bound as there was no fresh news in the market. "The yen markets are still focused on foreign exchange and the problem is that nothing is
        Reuter  -  1,257 words
      • Article
        Gold futures inch up on firmer dollar
        689 25 COMMODITY REPORTS Gold TOKYO: Gold futures closed slightly firmer in quiet trading, supported by individual investor buying on the back of the dollar edging up against the yen. Prices were two to six yen per gram higher, with benchmark August up four at
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Aussie grain farmers unlikely to hoard
          108 25 SYDNEY Strong feedgrain prices and the prospect of imports depressing the market should encourage farmers to sell most of their crop at harvest rather than warehousing grain or storing on farm, according to the Australian Wheat Board. Southern growers currently remain reluctant to commit
          108 words
        • Article
          Hubei cotton production up 10%
          68 25 HONGKONG China's central Hubei province is expected to produce 500,000 tonnes of cotton this year, up 50,000 tonnes from 1993, the official Xinhua News Agency reported on Wednesday. Hubei is one of China's major cotton-producing provinces. Although the report labelled this year's anticipated output as
          68 words
        • Article
          Egypt buys 8,000 tonnes palm stearin
          60 25 KUALA LUMPUR Egypt's state agency Food Industry Corp on Wednesday bought 8,000 tonnes of Malaysian palm stearin for arrival in December. "TTie price was U*****.50 (5J775.50) per tonne, C&F, and the seller was Kuok Oils and Grains. The FIC also bought 8,000 tonnes of
          60 words
        • Article
          Burundi sells 16,500 bags of coffee
          82 25 LONDON Burundi's coffee board sold 12,000 bag of fully washed and 4,500 bags of washed coffee offered at the 16th weekly auction of the 1994-95 campaign in Bujumbura on Wednesday. The Board said buying was not as active as the week before. Fully washed
          82 words
    • Article
      COMMODITY PRICES
      1400 25 Rubber Singapore Commodity Exchange (futures dosing as at S.30pai) 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Nov 94 200.00 200.00 201.50 800 1250 Dec 197.00 196.00 195.25 200 3375 Jan 95 189.00 185.50 187.25 375 2600 Feb 189.00 185.50 187.25 375 2900
      1,400 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1132 26 +2.9 SHARES closed marginally firmer yesterday as hesitant investors stood on the sidelines in a jittery day's trade, brokers said. The key All Ordinaries Index closed at 2,016.3 points, up 2.9 while the All Industrials Index rose 1.2 to 2,855.9 and the All Resources Index climbed 4.6 to 1,394.1.
        1,132 words
      • Article
        Manila
        653 26 -22.22 Share prices fell as investors succumbed to profit-taking after a six-day advance, analysts said. The PSE Index finished at 3,077.12 points, off 22.22. Turnover was 5.6 billion shares valued at 1.8 billion pesos. "We expect prices to move sideways for the rest of the week," an analyst said.
        653 words
      • Article
        New Zealand
        263 26 +5.63 Shares rose to their highest level since Oct 3, as Telecom surged following announcement of a victory in a major court battle against a competitor. It was the second day Telecom has accounted for practically all of the market's gain. The NZSE-40 Index gained 5.63 points to
        263 words
      • Article
        Bombay
        80 26 -47.48 Shares were held down by sustained selling pressure and ended lower, brokers said. The BSE 30-share Index fell 47.48 points to 4,281.99 with speculators off-loading some of their holdings in A group or specified shares. Yesterday was also the last day of the current fortnightly account period for
        80 words
      • Article
        Taipei
        637 26 +92.27 Shares jumped across the board as the Central Bank of China (CBC) urged commercial banks to lower interest rates, with shipping shares enjoying the largest gains, dealers said. The 386-issue Weighted Price Index recovered 92.27 points to finish at 6,761.37. Turnover was 1.52 billion shares worth NT568.26 billion.
        637 words
      • Article
        Seoul
        478 26 -5.99 Share prices were sidelined for the second straight day yesterday amid market jitters over inevitable corrections. The Comp9site Price Index shed 5.99 points to settle at 1,088.77, with 47 million shares worth 1.06 trillion won changing hands. Rises outweighed falls 512 to 365, with 66 counters unchanged. Major
        478 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        651 26 Britannia Funds Sterling («sh Bid Oder M.m Cap Depaut M 6400 3* 6500 Mini JerseyGih jOlIWJ 0 1992 Mim Mai Incimt *0.9100 ****** US$ Cash Income Plus Fund ***** *****0 PS S Reserve Fund 5 3200 5 J300 Siciiint taint) Euro Piifmnn .0.4592 ***** Far East FunJ *2 7650 *2.9730
        651 words
      • Article
        London
        730 26 +2.4 STOCKS closed mixed after the Federal Reserve Bank of Philadelphia reported higher manufacturing prices, sparking concern that US inflation and interest rates will rise. The report sent bonds and stocks reeling, wiping out earlier gains. A report from the US Commerce Department that housing starts rose 4.4 per
        730 words
      • Article
        Paris
        115 26 •5.90 French shares eased below Wednesday's close following a stronger than expected rise in the US Philadelphia Fed index. Losses in bond markets and a weaker dollar also tipped equities lower. The CAC-40 Index closed down 5.90 points at 1870.41. Paris Oct 18 Kr Xir-Liquide 732.00 100 AlcaMt Amlhom
        115 words
      • Article
        Frankfurt
        148 26 -4.24 German share prices drifted lower, tracking weaker Bund futures prices after the release ot the Philadelphia October diffusion index. Deutsche was traded sharply higher in heavy volume. The DAX Index ended the day at 2,053.89, down 4.24 points. Frankfurt Ort l» DM Am 150 50 -4W BASF 110
        148 words
      • Article
        Milan
        181 26 +64 Italian stocks ended higher for the first time in three days, as some investors reckoned that prices have fallen too much in recent days, with some stocks at their lowest since January. Trading activity, however, was low as many investors decided to wait for the outcome of Italy's
        181 words
      • Article
        Brussels
        164 26 -4.29 Belgian shares ended lower, pulled down by weaker bonds, the ailing dollar and a disappointing start on Wall Street. Several dealers and brokers said that they expected shares to take a further beating today, the last day of the forward account. However, one predicted the gloom would lift
        164 words
      • Article
        Amsterdam
        228 26 1.52 Dutch shares wobbled slightly but remained in positive territory. Dealers described market sentiment as cautiously optimistic amid expectations that bonds had bottomed out, barring disastrous German money supply figures due out some time this week. The general feeling was, however, that the German M 3 money figures would
        228 words
      • Article
        Zurich
        255 26 +2.53 Swiss shares ended little changed in quiet trade. An early technical rebound lost steam in the morning and prices slipped further after the release of US figures. Today's market would be determined by Wall Street performance, dealers said. One added that the expiry of Sofiex options could affect
        255 words
      • Article
        Johannesburg
        281 26 13 South African shares ended softer on mild profit-taking. Industrials were steady on continued positive sentiment and a limited supply of scrip, dealers said. A financial rand slip had eased pressure on rand prices. The Overall Index ended down 15 points at 5,667, the Industrial Index was 13 better
        281 words
      • Article
        New York
        781 26 -19.17 The Dow Jones Industrial Average, which rebounded 18.50 points on Wednesday, was down 19.17 to 3,916.87 at 1 lam EDT. The key barometer was ahead 3.03 points shortly after the market opened. The NYSE Composite Index was off 1.24 to 257.08, while Standard Poors 500-stock index was
        781 words
      • Article
        Toronto
        278 26 -3.12 Stocks continued lower in sluggish midday trading with a quiet session expected this afternoon, traders said. Rallying gold and metal stocks restrained losses in most other sectors, including communications and banking stocks. 'We're probably not going to do much between now and the close," one dealer said. The
        278 words
    • Article, Illustration
      Lock icon HONGKONG
      2912 27 Bloomberg Business News HONGKONG Stocks ended higher amid positive news on real estate developments by three major companies and as share prices in Shanghai climbed, analysts said. The Hang Seng Index ended up 68.72 points at 9,388.78. The broader All Ordinaries Index rose 28.71 to 4,699.23. Shanghai's A share
      Bloomberg Business News; Source: Bridge Info  -  2,912 words
    • Article, Illustration
      Lock icon CHINA
      523 27 CLSA H SHARES gained 25.08 points to 1,472.50 on turnover of HK$ll3 million. In Shanghai, the A Index ended up 379.05 points to 3,920.99. Shanghai Petrochem rebounded 5 per cent on volume of HKSI4.B million. Yizheng came under selling pressure with almost HK$42 million worth of shares changing hands
      CLSA  -  523 words
    • Article, Illustration
      Lock icon TOKYO
      2504 27 Reuter TOKYO Stocks closed firmer on buying by public pension and insurance funds, which mainly bought cheap chemical and steel shares, brokers said. Other institutional and individual investors remained on the sidelines due to a lack of fresh incentives. "Public fund buying aims to support overall prices, as the
      Reuter; Source: Bridge Info  -  2,504 words
    • Article, Illustration
      Lock icon BANGKOK
      1745 27 Reuter BANGKOK Stocks closed firmer on initial buying of bank stocks which gave investors more confidence. The SET Index closed 20.19 points higher at the day's high of 1,521.61 on 9.17 billion baht turnover. "The market was earnings driven today," said a broker. Investors bought banks in the morning
      Reuter; Source: Bridge Info  -  1,745 words
    • Article, Illustration
      Lock icon JAKARTA
      1088 27 Reuter JAKARTA Share prices closed mixed in overall quiet trading apart from Indosat, Indonesia's international telecommunications company, which again dominated trading and closed 5.5 per cent higher. "Just like yesterday, Indosat has overshadowed the entire market in very strong demand from foreign investors," one local broker said. Foreign investors
      Reuter; Source: Bridge Info  -  1,088 words
    • Article
      CLOB INTERNATIONAL
      1871 28 MOST ACTIVE volume l.ingui 50c 11.448.000 Mulptu Iml MV 8.000.000 Bellas j < iioup h <52.0tt) Promct 4 W® Choc Plod 50c 4.837.000 kl. Industrie. 4.4/>J.OOO kins Hsd jOc 4.41 MM) MBHaptUl WM" Invtt Bhd JBI KpMm .vc.vooo Multi-Purpose 2.I84.0UO aN.it.roup 2084.000 Muln-PWt 1.865.000 MOST ACTIVE value I
      1,871 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares rise, led by speculation of takeover bid
        4289 28 Bloomberg Business News KUALA LUMPUR The benchmark index rose amid speculation that transportation services company Shapadu Kontena is the object of a takeover bid. The company's stock rose MS 1.10 to MS 13.70 with 6.9 million shares changing hands. The stock has
        Bloomberg Business News; Source: Bridge Info  -  4,289 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7880 29 I Gf Gf M Wl 1994 Leal Vol Dny Laat Q<«" /jj p**! I High Low Cwngnay Sri* ("000) Htgk Low Buyer Or P'E tail Price INDUSTRIAL AND COMMERCIAL 1440 «J5 mt Acma I.OOad+IO 119 1110 1090 .100 1110 17.5 7SJ.JIWI 547* 267* Ale* Hide* 50c 533 J 1?® U|
        7,880 words
      • Article, Illustration
        Lock icon Buyers emerge on the back of good economic figures
        1848 30  -  By Quak Hiang Whai SINGAPORE Shares rose as investors returned to blue chips after three days of consolidation. While turnover improved from the previous day, the 192.83 million shares worth $558.54 million traded yesterday was moderate and still below last week's
        Charts by Bridge Info; Source: Bloomberg  -  1,848 words
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      344 19 NEWS VALUE I low today's news might affect your stocks Bank of America makes comeback in S'pore (pg 1) Impact on listed banks negligible. Brisk 8.1% growth for M'sia in 2nd qtr (pg I) No impact as figures are broadly in line with expectations. Inflation data encouraging, though. S'pore developers
      344 words
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      166 20 111 The Teleview If M Market With gg I®! job j Here is a unique opportunity to: Sp^jT|v£V( J I Widen the market for your Teleview's members are in the products and services market for a wide range of goods Reach a new group of and services. They actively use
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      374 22 LU <*-« e»Mil USA) trim A ftfarp. It "H-.W-twlli.lSJ In a recent independent survey' it was found that 1 leading airline entrepreneur, attributed an inspired Senior Advisor to the Bank of Tokyo depends on §end f or 4 free Issues SkSßi I in 5 readers of The Economist are millionaires.-
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      310 23 |1 Seminar on H VIETNAM I II Laws Policies II Affecting Foreign Investments H II Organised by the Law Society of Singapore Saturday, $250 per person 112 November 1994 (Group discount at $200 Time: 9.00 am to I.oopm per person if three or more persons from the same or I
      310 words
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      Page 23 Advertisements Column 2
      351 23 BALI SEA DANCER CRUISES SATRYfI TRAVEL SERVICE TIMES TRAVEL s TEL: 336 2558 2 TEL: 224 8828 SETIA TOURS s HONEYWORLD HOLIDAYS s| TRAVELINK s TEL: 298 6888 s TEL: 221 5866 TEL: 336 3555 \"\@$*:=-:/./[/@))(]')|_`<:}@-% M THE MATTER Of THE COMPANIES ACT. CAP. 90 AND M THE MATTER OF
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      Page 23 Advertisements Column 3
      307 23 The Straits Times Classified 3' :i Ifllilplf ll ret n W nn<l SOr J COne share a'rtde° LIQUOR LICENCE NOTICE NOTICE IS HEREBY GIVEN that, I LimChooK.ee of 23 Pang Seng Road, Singapore 1334, have applied for a Public House 2nd Class Licence in respect of premises at M/s Golden
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      Page 23 Advertisements Column 4
      169 23 M THE MATTER OF THE COMPAMES ACT, CAP. SO AND M THE MATTER OF RESOLUTE FREIGHT MANAGEMENT PTE LTD (In Members' Voluntary Liquid—on) NOTICE OF FINAL MEETMG NOTICE IS HEREBY GIVEN twt pursuant to Section 306 of the Companies Act. Cap. 50. tie Anal meeting ol the members of the
      169 words
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      49 24 You may have been unable to get your Business Times. Straits Times, Sunday Times, UanHe Zaobao and other daiiy newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, can Customer Services Section on 1800-749-2577. and ask for home or office delivery service.
      49 words
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      177 words
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      Page 25 Advertisements Column 2
      34 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through classification 203 in The Straits Times vVT Classified. \cm±\
      34 words
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      26 26 WATCH, LUCKY PLAZA, ORCHARD ROAD TEL: 734 31 39 DELUXE EASTERN WATCH, CENTREPOINT #01-18/20 ORCHARD ROAD TEL 235 2536. The Stockholm market report was not available.
      26 words
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      132 words
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      198 28 OUATTTY THAT LASTS TkcjA Jam Vc j Since 1924, and with the same passion for perfection, Caran tht iuurj-likt ihf> "I T an tht wmhoh of HBil d Ache has been creating luxury writing instruments that transcend time. I qmahtyanJ In our collection, "Geneve you will find a perfect harmony
      198 words
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      0 28 ~{$.}&*&^-[.)-'^@%[^^)<\?=@{@![
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      33 29 SINGAPORE COMMUTER offers I •CORPORATE TRAVEL CARD Consolidated Monthly Statement of Accounts IjMSLj straight TALK You shouldn't have to read between the lines to get the f full picture. Companies Markets. Everyday. Busmessljmas
      33 words
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      177 30 th jjUHI >• I ISIJ^^E MafcJung conference tobies, book*** and j JflH £/ue U»uig the begtmddleleather-ont <4 the noble* and mo* jrwimn, mJf mmll f ***** f. wufn iH/i nJiitA mi/ir nw Model President Executiie Suite in dim burl with inserts in black leather. Madrono burl, ebony burl or other
      177 words
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  • Shipping Times
    • Article, Illustration
      Lock icon Shipyard accidents kill 24 in first 8 months of 1994
      484 31  -  By Alec Almazan SINGAPORE Shipyard accidents in the first eight months of this year killed 24 people. Ministry of Labour figures show. This is just one fewer than the five-year high of 25 fatalities in 1992. From January to August
      Source: Ministry of Labour  -  484 words
    • Article
      Lock icon Pace quickens as freight rates rise
      642 31 Knight-Ridder LONDON The pace quickened in late trading on Wednesday with evidence that charterers' attempt to check the pace of rising freight rates has so far failed, brokers said. Futures trading on Biffex took a battering earlier on Wednesday as April, the most actively
      Knight-Ridder  -  642 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1084 31 Page Col ABC Containerline 16 1 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 3 APL 5 4/5 Appenship 4 4/5 Arabian Express 15 5 ASCL 5 5 < Avant Shpg 6 4/5
      1,084 words
    • Article, Illustration
      Lock icon Sea links
      68 31 Reuter MIAMI, Florida James Lida of Royal Caribbean Cruises Ltd placing a lighthouse on a model of an 18-hole miniature golf course on Wednesday called 'Legend of the Links'. The 6,000 sq ft course is being built on the deck of Royal Caribbean's newest ship, the 1,808-passenger Legend
      Reuter  -  68 words
    • Article
      Lock icon Swedes defer decision to refloat Estonia pending report
      225 31 AFP STOCKHOLM The Swedish government on Wednesday deferred any decision on whether to refloat the wreck of the Estonia, which sank in the Baltic last month with the loss of more than 900 lives. Transport Minister Ines Uusman said more information was
      AFP  -  225 words
    • Article
      Lock icon Coast Guard shuts north Houston ship channel
      279 31 Reuter NEW YORK The US Coast Guard said that the northern part of the Houston ship channel was shut at sunset on Tuesday evening due to heavy flood waters, adding it does not yet know when shipping will resume. "The Houston Ship Channel
      Reuter  -  279 words
    • Article
      Lock icon EU 'no' to TAA pact expected to hurt other shipping cartels
      244 31 Reuter BRUSSELS The European Commission's decision to block the Transatlantic Agreement (TAA) between shipowners on the transport of containers is likely to deal a stinging blow to other shipping cartels, lawyers said. The decision effectively left the 15 companies
      Reuter  -  244 words
    • Article
      DAILY FREIGHTS
      1916 32 2.. ?HE pace quickened in late trading on Wednesday with evidence that charterers attempt to check the pace of rising freight rates has so far failed, brokers said. Futures trading on Biflfex took a .battering earlier as Apr. the most actively traded month touched a low of 1.640
      1,916 words
    • Article
      THE SHIPPING GUIDE
      12399 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure brum the Port of Singapore. LEGEND PN: ship calls at Penang after
      12,399 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        726 48 Vessel Voy No Berth A/nvil Departure Vessel Voy No Berth frrival Departue JuronK P«rt Spwd3 ****** P01A 21 10 0/00 21 10 0800 1*4 116 1/ 2110 1100 Balair Spe«d4 *****' P01A 20 10 1900 20 10 2000 toST 0 02 94 "n£de 21 10 2300 Batar-
        726 words
      • Article
        CONTAINER SCHEDULES
        1325 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From An lotus 0578 22/0700 IB 20/1500 20/1659 20/1900 l0tuS /M 2A 20/1700 21/0659 21/0900 28 20 1700 21/0659 21/0900 J 21/0700
        1,325 words
    • Article, Illustration
      Lock icon Support needed to develop Thai-flagged fleet
      678 49 The Nation TO DEVELOP Thai fleets, the Thai government must emphasise key items to be top priority to sell on the world market, and must strengthen supporting industries such as steel, petrochemicals and natural gas. Kamonchanok Suthiwartnarueput, lecturer at Chulalongkorn University's Faculty of Commerce
      The Nation  -  678 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Traffic limit at four busy US airports under review
        415 50 Bloomberg Business News WASHINGTON With jets flying overhead, federal regulators, community activists, politicians, and airline officials gathered near Washington National Airport on Wednesday to ponder a question bedeviling them: Should a 25-year-old rule limiting hourly takeofls and landings at National and
        Bloomberg Business News  -  415 words
      • Article
        Lock icon Boeing to consider Taiwan as partner in new jet project
        279 50 Bloomberg Business News TAIPEI Boeing Co said on Wednesday that it will consider Taiwan as a partner in building a proposed 100-seat passenger jet. Earlier news reports said Boeing had invited Taiwan to join the project, after Ronald Woodard, president
        Bloomberg Business News  -  279 words
      • Article
        Lock icon Mazda in final talks to buy Ford cars for sale in Europe
        257 50 AP TOKYO Japan's Mazda Motor Corp is in the final stage of negotiations with Ford Motor. Co to purchase Ford cars for sale in Europe under Mazda's brand name, the Japanese automaker said yesterday. Mazda, which is owned
        AP  -  257 words
      • Article, Illustration
        Lock icon You mean I have to use the ramp?
        44 50 Reuter AUCKLAND, New Zealand A fireman surveying the damage after a 68-year-old motorist drove her car through a car park barrier here yesterday. Two children in the back seat of the crushed car were unhurt. Reuter
        Reuter  -  44 words
      • Article
        Lock icon Surging US light truck market may be at end of the road
        191 50 Bloomberg Business News DETROIT The US auto industry's hitshow, light trucks, looks like it may soon hit its limit. The booming market for pickup trucks, minivans and sport-utility vehicles may be starting to show its first signs of
        Bloomberg Business News  -  191 words
      • LOG BOOK
        • Article
          Airbus A330's first flight over S'pore
          101 50 SINGAPORE An Airbus Industrie widebody airliner painted in the new livery of Cathay Pacific is now in Singapore for the first time. The A 330, which is the first Airbus aircraft to be powered with a Rolls-Royce Trent 700 engine, performed a special demonstration
          101 words
        • Article
          Osprey gets new product tanker
          82 50 SINGAPORE Listed shipowner Osprey Maritime on Wednesday took delivery of Osprey Challenger a 41,570 deadweight product tanker. The Singapore-registered vessel, built in Japan, yesterday began its one-year charter to Japan's Navix Line. Osprey owns a fleet of 11 vessels comprising one liquified natural gas carrier,
          82 words
        • Article
          Lock icon UPS opens regional hub at Rockford
          71 50 Bloomberg Business News ROCKFORD, Illinois United Parcel Service of America said it opened its newest regional air hub at the Greater Rockford Airport in Illinois. The 530,000 sq ft facility employs 375 package handlers and 85 supervisors to handle a current 120,000 packages a
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Qantas set to revamp deal with BIL
          76 50 Reuter CANBERRA Australia's Qantas Airways Ltd is set to try and renegotiate a secret deal it has with New Zealand's Brierley Investments Ltd in which Qantas tops up the dividends Air New Zealand Ltd pays Brierley, The Australian Financial Review newspaper said yesterday.
          Reuter  -  76 words
        • Article
          Correction and clarification
          67 50 SINGAPORE Northwest Airlines clarified yesterday that KLM Royal Dutch Airlines is not a participant in the World Business Class promotional offer as earlier announced. The promotion will only be available to Northwest Airlines World Business Class flyers. They will receive a free companion ticket and a roundtrip
          67 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1442 50 ati ru* ct* n** no_ ftlMi GA976 2355 Adolatdo QF81 1930 SQ227 2230 Amsterdam KL837 1550 KL838 0001 SO323 1730 KL844 0135 SQ26 2355 todwr«g» SQ7995 1705 Auckland N273 1550 SQ285 2045 SQ288 2040 SQ7296 2100 NZ74 2340 B Seri Begawan ***** U05 SQ182 0915 SQ181
        1,442 words
      • Article
        Lock icon Ruling on GM made against advice of US safety agency
        305 50 AP WASHINGTON The Department of Transportation's preliminary finding this week that 4.5 million General Motors Corp pick-up trucks pose safety hazards was made against the advice of its top safety and technical advisers, department officials said on Wednesday. "Our view
        AP  -  305 words
  • Page 31 Advertisements
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      22 31 SHIP LASHING MATERIALS SPECIALIST MINTERMARINE SUPPLY CO (PTE) LTD N0.7, Bukit Batok Street 22. Singapore 2365. T«4: 563 3468 Fax: 563 6811
      22 words
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      27 31 Lines and services represented by Members of the Registry of Accredited (iKcSm*\ Shipping Agents, Singapore National vXjSMjI Shipping Association. For advertising enquiries, contact Shipping Times Tel 740-2089/740-2090
      27 words
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      19 31 Support needed to develop Thai-flagged fleet, Pg 19 Traffic limit at 4 busy US airports under review, Pg 20
      19 words
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      Page 31 Advertisements Column 4
      154 31 the FAMOUS i tiiamuk/ MH OKJm ■ifOIIIJIJ 224 1833 For more information please refer to Pg. 13 I RoIRo Ship I I For Sale By Pubuc Tender J rj; *J I The Royal Australian Navy (RAN) is offering for sale by Public Tender the former HMAS JERVIS BAY. The ship
      154 words
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      1833 32 f MMWT- WWWJ I NORTH AMEBiCA] I OTHER DgSTINATIOMS I J l.~n~wzr-r.,.,.,..,—.i1 -1--i—l -rrrTrrrrrr-zrr,;,, i II iuwk ml 111 1 12 712 14.12 11.12 3.12 11.12 CALfORMA LURA *64 02.10 0310 H.II 07.10 26.10 CAIfORNA LWA 69 26-27.10 12.11 Rll 16.11 17.11 1511 1511 11 TBN A *SL 17.11 16.12
      1,833 words
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      Page 33 Advertisements Column 1
      1623 33 a OOCL (3) PTE LTD JARDINE SHIPPING AQENCIES 03-*****76 FAX: 03-*****42 CFS: 03-*****42 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 JAYA TEL. fAX ***** CR NUMBER: **********0 C IPOH TEL' *****3/4 FAX: *****6 DOCUMENTATION TEL: *****55 <INWARD>/*****90 (OUTWARD) pgu OANG TEL *****12 FAX *****14 (OPNS) CUSTOMER 25 JQHOR BAHRU
      1,623 words
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      Page 33 Advertisements Column 2
      1568 33 msmssassm WE COVER THE GLOBE 1 Vessel Voy €TA ETO DESTINATIONS f N*at M«t MAOSON maersk v MM 25.10 0600 MRS HHH CfS 24/10 2359 MRS OAK IGB SFO MEM ATL MIA CHS BAL PHI NYC TOR MADISON MAERSK 9410 25/10 26/10 12/11 14/11 13/11 12/11 18/11 22/11 24/11 25/11
      1,568 words
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      1308 34 M M i I i H Wj P »ifiiJllr^itHi^lll^l3^ll AQABA R'OAM/ [I VESSEL VOYNO SPORE JEDOAH (VIA JEO) S TON H BURG A WERP HAVRE I HANNOVER EXPRESS 22/341 22/10 31/10 6m Jill gill jgl! 2S£» KA iq/142 26/io !H1! !5iU !2£L! i essa.E.PMSs 5E33T OXI OH! 2!U lUJJ 2al_
      1,308 words
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      Page 34 Advertisements Column 2
      509 34 It W S pore P. Kelang Loading tor I FORUM WIND 11/10 Rdm/At*»/UK/Nantes I I KAPITAN SOROKA 22/10 27/10 Rdm/Atw/UK/Nantes I 'Loads E./W. Malaysia. Indonesia V Loading for I SINGA SUN Jeddah/Oubai/Bahrain/Damman H i I PAN CRYSTAL Dubat/Bahram/Damman/Kuwait j I 'Loads Singapore, E./W. Malaysia. Indonesia I Loading tor STAR MAN
      509 words
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      Page 34 Advertisements Column 3
      1162 34 NORASIA I ffS^¥ i a l 4ia^N^Al^lßC^VA^HA^Bfl^ROTANTß^lißtn NT-AMA *1 MUNTA2AH 9442 1 20/10 10/11 23/11 24/11 22/11 23/11 24/11 25/11 25/U 10/11- I 07/ 1 27/11 30/11 01/12 30/11 01/12 01/12 02/12 02/12 03/1* I I kULTA 9444 1 09/ 1 20/11 02/12 03/12 03/12 04/12 05/12 00/12 00/12 00/12
      1,162 words
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      1552 35 Times, Friday October 21 1994 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 lllkJi NEW GUINEA PACIFIC LINE (A SERVICE OF CHINA NAVIGATION CO) C I MAGA til.lo vocr ihu>i Lib. KM 21-22 Oct 24 Oct 25 Oct FCL. LCL
      1,552 words
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      Page 35 Advertisements Column 2
      2987 35 Singapore Agent: Ufiyfl AlltQlllPffi P&° Containers (Singapore Agencies) Pte Ltd M. \_/\rlHiCI IllV* 9 10 Hoc Chiang Road. *07-01 Kcppcl Towers. Singapore 0208 PBSPv First Class Connections WORLDWIDE ff PN XS F 225 5 7 2 75,7 EXPORT IMPORT nnr RDF LEMVESSEL VOY ZEE OOT HOT HAM MK SOU LEH
      2,987 words
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      644 36 -i A 1 GENERAL AGENT C R NO 11«27» 1 -***** i|K EKA JAYA AGENCIES < Vllf TEL: *****22 (8 LINES) FAX: *****05 m SALES REPRESENTATIVES IN CHARGE |nn ru Miii r.rrr I ihai«»ho«*/p—ct ?1H i tiL»w cmah iimii Tirimnann 1 tmml 1 t6 viETNAnI/kiMi fc. fcAwTMMHtHm* wK^VlOw (gmraw" CENTER-POINT
      644 words
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      Page 36 Advertisements Column 2
      997 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 MMJN'HONGXONG 0441 22*10 DSECT* 01 10/11 U/11 12/11 »/|o RWLMB'OMI 1/12 "/IP "/12 KSSasim SI! SB ft" SS& iSSißi!® HMUN ROTTERDAM 02# 11/11 MttCl 1/12 2/12 3/12 HW» JSSP,]*" J S 22S»«1«E 22 2 23/12 25 2 zzxiu jkis
      997 words
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      Page 36 Advertisements Column 3
      97 36 CHAHAYA SHIPPING A TRADING CO. PTE LTD T»l: *****13 Linm) Fax: *****68 Tlx: RS ***** VIETNAM. BANGKOK, INDONESIA CONVENTIONAL SERVICES vtsso. n» no hstvwtiom SMI WN.E 21/10 29/10 SURABAYA SfMMAMG CHAHAYA SC JATI 27/10 29/10 MKMTA NM.E DO* 21/10 29/10 SEMMANG MAGA 54 23/1* 25/10 BANGKOK HOKTH STAA 2C/10 27/10
      97 words
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      Page 36 Advertisements Column 4
      1336 36 -i A _l m T pj 1 J J I GUN! H-051 24/11 24/11 31/ It Ml 4/U 7/11 1/11 »/ll M/ll 11/11 17/11 21/11 1/12 1/12 »/12 »/»2 »/12 *2/12 *3/12 M 12/1 »«/l U/l I■ E GINTRT HI Ml 31/1* 2/11 4/11 »/U U/U M/ll U/ll M/ll 17/11
      1,336 words
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      1708 37 IV II sex: 'CALIFORNIA LUNA 69' ETA SGP 26/10/94 II II II ARRIVING LOS ANGELES IN 16 DAYS MM I| iwOnr II AEX:'NEPTUNE PEARL 17E'ETA SGP 26/10/94 HI ■I l| arriving NEW YORK IN 23 DAYS I rs" TI E 1™; 1 1 1 =HhM N CALIFORNIA SATURN 69E 02/n
      1,708 words
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      Page 37 Advertisements Column 2
      983 37 A MULTILINE SHIPPING PTE LTD 1 WM (a member of SfNSOV Group) i CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      983 words
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      1028 38 K- ESWSSSMS-g &iSS&]Sr mm> I T -¥N fi MALAYSIA. L L JB *****01 PGU *****25/6 JL Mm* M, A INDONESIA: P.T. SAKAMA LAUT HfTUWUSA. TEL: JKT *****08 /IEKfHMfIT N. AMBBICA»f>ACffIC SOUTH-WEST Ai'lMMK*'"' li AMjIUCTIIIWiPIC BQOTH>*i>T r r?,sr 77s r jtn iTi: "a "i > I S"s iT ~i. ™:s HrsL
      1,028 words
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      Page 38 Advertisements Column 2
      1136 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N j STWAITt »HUTTLB SCBVICg PORT KLANG/BELAWAN PENANG/PASIR GUDANG vESsa voy sw wl a.w vessel voy sw rtw «u VIGOUR SWGAPORE 940/5 20/10 (THU) 21/10 (fW) SEA LAUREL 32SW 19/10 (W€o) 21/10 (FW) 1 HOUR IAYA 940/2 21/10 (FW)
      1,136 words
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      887 39 t" PACIFIC INTERNATIONAL LINES (PTE) LTD iSiflL 140 CeC 03 P,L Building. Singapore 0106. I 'E VttML VOY MN BKK MN I VCMCL VOY MN JKT W I IN K. BUAMA (BMT/LCH) 8NA043 23/10 20/10 90/10 KOTA MOAH 10H033 23/10 20/10 90/10 ,w KOTA SABAS IMO4I 29/10 20/10 90/10 KOTA
      887 words
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      858 39 Ivcsms vot Si u havm haabwc thaa«s aotteapaai awtww WUf K (EGA 60SW *0/10 17/11 18/11 20/11 21/11 23/11 w.u h m* wan 01/11 ivii */n »m 27m 20/11 WUI H TIT AH* TOW 07/11 »/ll 31/11 02/12 03/12 OS/12 Ml! OC TUCARA UO6W 07/12 00/12 U/12 11/12 H/12 •AISO
      858 words
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      Page 39 Advertisements Column 3
      601 39 BSfl il. MYANMA FIVE STAR LINE (Myanmar National Line) Loadinf for Yanfon (Ranjoon) S pore P.KIf Pen PGd| PAGAN V2I4N 24/27 Oct l»A-AR V2OCN 4/6 No* PAGAN V2ISW 15/17 No* MNATSM AGENTS BOUSTIAO SHPPMC AGENCCS KUI: TU 03-*****00 PKL TEL 03 *****57 PER: TU 64-61(135 PSD TEL 07 *****1/4 NIGERIAN
      601 words
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      1783 42 Op~.t*. C*mUim*r. ***?JJ*„ I COST AM SHIPPING PTE LTD &'J?7& iSiSF w 3 Ss". M—* 4^2^ «s?s/rs 4 9 [■■■■■^^Hiiinßnansrarazß^^^^HHH^^^^^^^niillllllßißßßffllHHHHH e* w* ns MC OM. CM MMO/WMI MO MMO* M M OHa/WTM mc Ml CM mp "h* l <■ mmm m ■motmu/stm 27/10 27/n */u «/u SSsww* 1 27/i# "/I!
      1,783 words
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      Page 42 Advertisements Column 2
      901 42 FOR BOOKING 1800-*****00 (TOLL-FREE) j OUTBOUHO P*t PtN «H SW H*G K*o TM KH HAG *06 OS* "°j I WAN HAI ?10 N00« 19'10 20/10 22 72/10 78/10 27/10 79/10 31/10 T/S wMO "2/11 03/11 OVU o*/!' WAN HAI 213/NOl6 21/10 21/10 TJTIo 2525/10 2«/10 21/10 31/10 01/11 02/111 0«/H
      901 words
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      311 43 (fS. FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) t WITH EFFECT FROM 24/10/94 I j; OUR NEW OFFICE CV 80 ROBINSON ROAD SINGAPORE 0106 1 FL J *****33 30 LINES] *****55 (10 LINES) PORT KLANG PH: 03/*****02 (10 LINES) 11
      311 words
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      Page 43 Advertisements Column 2
      802 43 BT vfWt VOY 8N T i[_e» 1 CARERAV 038 fll InH WK 2*/10 g pgjA BHUM 4000 Fri I MPI" *«t 1 aTIO H[vessel VOY BIH BKK gj BHATRA BHUM m Oo< 22/10 Two 2S/10 a TERATAI TEROI3 t*m 23/10 Tw 20/10 BH mamta BHUM 210N 80l 22/10 Tin 25/10
      802 words
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      Page 43 Advertisements Column 3
      204 43 Qumrmat—4 Sailing* to: |bAHGKOK/lAEM CHASAHC/LAOS a/10 (SAT). 25/10 (TIE) PORT KELAN6/PCNAH6 27/10 (THJ). 21/10 (FW) HONG KOWC 25/10 (TOE). 21/10 (FW) JAKARTA 28/10 (SAT) MANLA/CEBU/SUBC BAT 24/10 (MON) HO CH I—l 21/10 (F«) mmn 23/10 (sip "BUSAN 123/10 (SUN) I DONGNAMA LINE _£2JJSSSfiJS22SJI!SSJiH!Si!Hii KJJQ (MB) scr P* MB us MC
      204 words
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      Page 43 Advertisements Column 4
      534 43 S IF ™~7ICH«tL^SSS!^SSciE^SnPT^n^T; TEL: *****33 (12 Linws) FAX: *****15/*****03 t |H TELEX: R3 ***** RISHIP (3 LtaM) I n= CR NO.: **********0E I ACCEFnWQ FCL AND CONVENTIONAL i Vnml Vo» IT* Loading For Abbey Worn 41WB 15/11 Mombasa. Djibouti »ub Mwwi 1 Abbay Wool 42W8 15/12 Mombasa. Djibouti At—to. Mmiw
      534 words
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      988 44 flsifl HKG/TWN/BKK PK SIN iV/m 18/10 19/10 HKG/BKK/KEE/KHH Genoa/Barcetona/Marseies 21/10 22/10 23/10 is/12 gjj BBSS a /c h n/s ir/12 24/lo 21/10 22/10 23/10 HKG/BKK/KEE/KHH Ldn/Fli/Rtm/Ant/Ham/Loh 23/10 24/10 25/10 17 *fflf%o SHAN6HW/DALIAN JPN/KOREA/MANILA XIAMEN/BEIHNG Mrth/CdM 26/10 27/10 28/10 I I ...ATfinn furtii WII Iftin Tokyo/Kobt/Osa/Yoko 27/10 28/10 29/10 j AUSTRALIA/NEW
      988 words
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      Page 44 Advertisements Column 2
      171 44 I SEAWARD SHIPPING AND f TRADING CO (S) PTE LTD I IT* Itt I SraK PORT Rtl/Wfi rtKAW k RUt MUX I loading to» Male KUVN HUDHU 26/10 loading lor Otibai I DOIMA 23/10 Loading fw Malt pioku sumot m tot Loading Fw Male UMKEOH M/ 10 Loadwig Fw Mate
      171 words
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      Page 44 Advertisements Column 3
      786 44 Q THONG SOON UNES PTE LTD a 78 SHENTON WAY #10-01, SINGAPORE 0207 1 V J Vx TEL: 227-5088 FAX: 227-6011 J N y TLX: RS ***** CARRER, RS ***** lENHOL CABLE: TOSOCO 1 a vmmm 000* ca*m*r SINGA EXPRESS J SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL »OY~ S
      786 words
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      691 45 i#*J&/>J m i Pi-M <fM Of Pff f 1 •fl WSV'EVEBETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE iCCffTMC BREAXBU.K SOC CARGOES TO, FROM KOK. YOKOHAMA. NAGOVA. Hi TOKYO*. MANIA*. DAVAO*. MM* Ptnani* P. Kelanj Smjapore E Msia* IHMODtETT VI9E 24/25 Oct KAMALEVERETT V23E IS/19 No* SHAPLAEVERETT V23E 23/24 No* J
      691 words
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      Page 45 Advertisements Column 2
      210 45 13* 6LOHY NAVIGATION 6ROUP to REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM *AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN X 21/10 23/10 25/10 GLORY SELATAN VI 27/10 4/11 SP KOMPONG SOM GLORY SELATAN V 28/10 31/10 SINGAPORE ASEAN TO TAIWAN SBJ
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      Page 45 Advertisements Column 3
      570 45 PAKISTAN NATIONAL (j "@f SHIPPING CORPORATION IJ KARACHI I BREAKBULK CONTAINER SERVICE TZTi WOT KARACHI I VI MAX HAW lil-HW 29/10 «dl v < BOiAW 142-HW 12/11 22m I L ISLAMABAD I2C-HW 21/11 MM I HYDERABAD 135-HW 27/11 8/1? I FAR EAST CONTAINER SERVICE ONLY L BSN OSA NAG TOK
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      Page 45 Advertisements Column 4
      711 45 llUHaililiiMMMJ FORTNIGHTLY DIRECT CONTAINER SERVICE SIN TO SOUTH AFRICA TSS£L/ OYAGt SIN DUR JNB* Mftt* PU err- SCW MPM" 1 HC/102 33/10 09/11 08/11 16/11 06/11 09/11 13/11 15/11 IUATAi HE/82 02/11 15/11 16/11 37/11 16/11 19/11 36/11 36/11 .MUNMC/107 13/11 35/11 39/11 09/13 36/11 39/11 06/13 06/13 'AO HE/89
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      Page 45 Advertisements Column 5
      347 45 SjN PAR EAST 25/10 KEELUNG/KAOHSIUNG 23/10 BANGKOK 23/10 MANILA/CEBU 23/10 JAKARTA/BELAWAN/SURABAYA 24/10 PORT KELANG/PENANG/E. MALAYSIA 23/10 BUSAN 23/10 TOKYO/YOKO/KOBE/NGO/OSA 24/10 HONG KONG Si CHINA 24/10 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCI cargo SjN EUROPE/UK 24/10 LDN/FLX/LVP/SOU 24/10 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 23/10 LOS ANGELES/NEW
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      Page 46 Advertisements Column 1
      1098 46 O" ———i^—————— FIXED jgr L WEEKLY MI SAILINGS |T,1:261-3595 Fax $261^^f8^^^^^pP^ptoeuS^lU^ melbourne[n GP SHIPPING PTE LTD Call: Kenny/Mas/Peter ."i 1 1 ~7~" jZmtmtm* «w»ww rriir ■~nt- J TT— »--.v.rr,- ii rrMrlMl li h 111 nll ii l i—R Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SjL cur
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      Page 46 Advertisements Column 2
      392 46 Conterm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 25 OCTOBER (Accepting to a* Nm Zmlmd portt) PENANG 28 OCT JAKARTA 23 OCT PORT KLANG 27 OCT BANGKOK 23 OCT MELBOURNE 30 OCT SYDNEY 30 OCT BRISBANE 30 OCT FREMANTLE 3 NOV ADELAIDE 8 NOV 29 OCT I 'ACCEPTING TO ALL SCANDINAVIA
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      Page 46 Advertisements Column 3
      908 46 CONSOLIDATION TO LIMASSOL ACCEPTING LCL CARGO AT 'SWATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol yWi Call Te at DID: 770 5011 (l(j)lKl" for bookings NOW!!! Lj^/EK3. Tel: Fax: HTEWWTIONAL SEA FREIGHT a Singapore 778 6522 *****38/*****36 FORNAROM6 gmtl Also has offices in:- a» loostics SEtVKES GLISU MALAYSIA THAILAND
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      Page 47 Advertisements Column 1
      1538 47 ISEAMAIUVRGENTINA LINE I CONTAINERISED "HUB" SERVICE DIRECT TO ARGENTINA/BRAZIL URUGUAY I M wm vw w<~ >.««*» M |«nI w s PIANCISCA SCHULTE 005E 05/11 11/12 13/12 15/12 I 16/12 I 21/12 I 18/01 m ALEXANDER SCHULTE 005E 24/11 30/12 01/01 06/01 I 07/01 11/01 I 05 02 BIRGIT NABER 003E
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      Page 47 Advertisements Column 2
      398 47 tfg%\ CEYLON SHIPPING CORPN Notional Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NQRTH continlntal ports am. wrtiiiatf m\m tolmTW Mg h murium wgj »/u ii/ii a/11 24/11 »/n ■It II Hi* 60M» X/U 18/ II 17/11 11/11 H/ll 71/11 73/11 Itu K*U WW 11/11 w/ll 21/11 24/11 21/11
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      Page 47 Advertisements Column 3
      491 47 JTc ONDOR LINE SEMI-CONTAINERISED SERVICE EASTBOUND SCHEDULE N0.54 VESSEL OEKASRIST MUMR PRIMORSK N. KRUPSKAYA TBN PORTS tßls EBI9 EB2 EB2I EBS2 BWfrt AMES* IS 20/09 OS-17/09 26 31/10 06-09/11 1-10/12 MONTEVIDEO 21-22/09 DURBAN 06-07/10 30/09S 28/1 IB gnmsn* 19-24/10 2711-02/12 SINGAPORE 29. 10 06 11 BANGKOK 09-10/11 11 13/12 HONGKONG
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      Page 48 Advertisements Column 1
      656 48 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 ™Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX; R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA 7 SLGS/WEEK w 3 SLGS/WEEK VESSEL VOY SIN JAK VESSEL VOY SIN SUR PPIOPOR 1155 22/10 (SAT) 24/10 (MON) REESTBORG 902 22/10
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      Page 48 Advertisements Column 2
      303 48 AFGHANISTAN MAM Afghanistan Ltd., Hairatan, Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA: Voalochnjr, Vladivostok, Moscow, Baku, Tashkent. Irkutsk, Alma Ata, Ashgabad. Dushanbe, Kiev N Korea: Pyongyang, Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO !?I#INOIITH/WSBT AFRICA VESSEL SIN DKR CGM Normandie V.2374 25/10 25/11 Ned Europa V.2384 01/11
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      Page 48 Advertisements Column 3
      402 48 I mm M 9 WHOLLY-OWNED SUBSIDIARY OF Ml) MAM LINE: 222 0255 A AIRFREIGHT: 545 4255 WEEKLY LCL CONSOUDATION INDIAN SUB CONTINENT ETD ETD USA/EUROPE/AUST/NZ ETD ETf>-j COLOMBO 27/10 2/U. USA (ALL INLAND POINT) 23/10 30/10** CMITTAGONG 23/10 30/10 EUROPE (AU BASE PORTS) 31/10 7/Mm CALCUTTA 29/10 6/11 NEW ZEALAND
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      Page 49 Advertisements Column 1
      612 49 j HYUNDAI MERCHANT MARINE CO. LTD. 1 WESTBOUND TO EUROPE BKG: *****61 PW PKE* PCD* VESSELS VOY SW HTM ANT* LEW HAM BREI FEL T9/10 21/10 22/10 H. PIONEER 311* 24/10 11/11 13/11 12/11 13/11 13/11 15/11 26/10 21/10 29/10 H. FRONTIER 313* 31/10 11/11 20/11 19/11 20/11 20/ H/ll
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      Page 49 Advertisements Column 2
      349 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO I HEAVY LIFTS MIBOUKD VESSELS KSSEL N)» N MIC U MM JUT OCEAN BLUE C 29/10 20/10 30/10 AUBM 25 25/10 27/11 KOUSHUM 44 a/11 11/10 (MM)CHAMPIOM TRACER 15 24/11 RRMTA lATA 1 1/11 VU OHM ROSE 1 2/11 4/11 ORANGE MXM 57
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      Page 49 Advertisements Column 3
      570 49 JEDDAH/UK/CONmNENT ISTINK lED S'TON HMG ADAM LEM Ah* C»|» F«: HAWOVER EXPRESS 72/ Ml 22/10 1/11 10/11 11/tl 19/U 17/11 S«*«*« :M 1« dumstm. MMlmi o** Ml 10/142 2S/10 12/11 15/11 17/11 Aotttfdjrr :M al Aat««f. Arattrdwi. o*. HAM ESSEN EXPRESS 01/342 29/10 7/11 14/11 19/11 21/U 21/U :M M
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      289 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 Tt 2.7 2.7 2.3 1.1 1.3 0.9 0.7 0.8 1.1 1.7 2.4 2.9 3.0 2.9 2.5 1.8 1.2 0.7 0.4
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      Page 50 Advertisements Column 1
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      152 50 Cfif& WVESTT J ■Tomorrow in Business Times tillf# Jardine Shipbrokers is a wholly-owned ■Vll JLII subsidiary of the Jardine Matheson Group HI which is one of the largest conglomerates in the Asia Pacific Region. In our strive to expand ingrygffffil our Operation, we are presently inviting dynamic individuals to join
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