The Business Times, 15 November 1994

Microfilm: NL19733
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA Tuesday November 15 1994 75* MITA(P) 010/12/93
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  • 2 am LATEST
    • Article
      Lock icon Dow up 23 points
      57 1 Reuter NEW YORK US stocks yesterday got a boost from sharp gains in the dollar and held solid gains at midday. Gainers led losers by five to four. But Wall Street was focused on today's Federal Reserve meeting. At Ipm EST, the Dow Jones Industrial Average
      Reuter  -  57 words
    • Article
      Lock icon Inflation not a problem, says Bentsen
      45 1 AFP WASHINGTON Inflation in the US is not a problem. Treasury Secretary Lloyd Bentsen said yesterday. "Across our economy the growth rate is going steadily along at about 3 per cent and inflation just is not a problem." AFP
      AFP  -  45 words
  • Article
    MARKET SUMMARY
    161 1 Stock market indices Monday Change STII 2,326.94 +4.35 KLSEComp 1,044.31 +14.44 Nikkei 19,261.45 -22.91 Hang Seng 9,378.92 +11.07 SET Index 1,477.84 +11.62 Jakarta Comp closed CLSA China B ....1,110.78 -4.72 Aust All Ord 1,926.5 -25.5 FTSE 100 3,095.3 +19.4 Monday Previous 1pm EST close Dow Jones 3,825.02 3,801.47
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  • Article
    S'pore overtakes UK as Australia's 2nd biggest foreign investor
    352 1  -  From Florence Chong in SYDNEY SINGAPORE has become the second largest foreign investor in Australia. In 1993-94, Singaporebased investors sought approval from the Foreign Investment Review Board (FIRB) to invest AS2.B billion (553.08 billion), mostly in property-related projects, in Australia. The
    352 words
  • Article
    Lower brokerage fees on low-price shares from today
    308 1  -  By R Sivanithy SINGAPORE Starting today, stock market investors will pay lower brokerage fees for trades in shares priced below $1. In a circular to member firms dated No 7, the Stock Exchange of Singapore said brokerage has been reduced to a
    308 words
  • Article
    KL leads rise in regional markets
    214 1 SINGAPORE Stocks around the region yesterday managed to close firmer, with the Malaysian market chalking up the largest gain, in spite of the caution ahead of today's key US interest rate meeting. After falling almost uninterrupted for three weeks, the Kuala Lumpur Composite Index
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  • Article
    Lock icon EU reimposes duties on S'pore video gear
    125 1 KnightRidder BRUSSELS The European Union has reimposed customs duties on video equipment from Singapore and plastic sacks from Thailand and Malaysia, according to a regulation published in the EU Official Journal yesterday. All three countries can ex- port fixed amounts of these products
    Knight- Ridder  -  125 words
  • Article
    EDB Investments and Transpac tie up to manage venture fund
    332 1  -  By Michelle Low SINGAPORE The Economic Development Board's investment holding arm, EDB Investments, has entered into a joint venture with locally listed fund manager Transpac Capital to manage a newly set up venture capital fund. Called the Regional Investment Company
    332 words
  • Article, Illustration
    Hong Leong Asia buys controlling stake in China fridge maker
    597 1  -  By Lee Han Shih SINGAPORE Hong Leong Asia (HLA), the industrial arm of the Singapore Hong Leong group which is aiming for a listing on the New York Stock Exchange, has bought a controlling stake in a Chinese fridge maker
    597 words
  • Article
    Half of Aussie firms face snags in China
    449 1  -  From Florence Chong in SYDNEY ALMOST one in every two Australian companies has difficulties in their business dealings in China, according to a survey conducted by the Department of Foreign Affairs and Trade. The survey found that the companies were affected by
    449 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Staying above the one million mark
        256 2  -  By Ven Sreenivasan TRADING activity in Simex interest rate contracts has remained above the one million mark for nine consecutive months, the exchange's latest figures show. Interest rate contracts hit a record 1.75 million in June this year. The number in September was 1.2
        Source: Simex  -  256 words
    • Article
      Clarification
      71 2 IN our story last Friday headlined "Pacific Century offers corporate clients satellite links to remote areas in Asia", we said the service has been made possible by the government's new policy to allow companies to apply for VSAT licences, and that eight companies have so far made enquiries. We
      71 words
    • Article
      PM Goh places comments on Siemens in context
      427 2  -  By Claire Leow PRIME MINISTER Goh Chok Tong yesterday put in context his reccnt remarks that companies like Siemens prefer to invest in China, explaining that they were aimed at reminding Singaporeans of the strong competition facing the country. Replying to a
      427 words
    • Article, Illustration
      90% of Pidemco's Punggol houses sold in a day
      279 2  -  By Lilian Ang PIDEMCO LAND has sold nearly 90 per cent of its first landed project, St Anne's Wood, in the Punggol area. Managing director Loo Heng Shuen said 50 out of 57 semi-detached and terrace houses were taken up yesterday
      279 words
    • Article
      Public feedback, tests lead to changes to ERP tender
      157 2 THE government has modified the specifications of the Electronic Road Pricing (ERP) tender after feedback from the public and evaluation tests. The Registry of Vehicles and Public Works Department said in a joint statement yesterday that the changes were found necessary
      157 words
    • Article
      Mission eyes plastics processing technology
      130 2 A LOCAL mission is in Europe to study continental plastics processing technology and discuss possible cooperative ventures. Headed by the Singapore Precision Engineering and Tooling Association's executive director Phang Cheng Kwang, the team will visit Holland. Germany and Belgium, whose emerging technologies have been identified
      130 words
    • Article, Illustration
      Take hard look at union membership drive: Boon Heng
      397 2  -  By Chuang Peck Ming UNIONS should take a hard look at the way they recruit members, NTUC chief Lim Boon Heng said yesterday. •He said at an NTUC seminar on organising:: "Our membership system is not member-friendly. This is equivalent to
      397 words
    • Article
      Seagate pays US$ 2lm for Applied Magnetic Corp subsidiary
      304 2 DISK drive maker Seagate Technology continues its buying spree to enable it to be an information products supplier, this time paying US$2l.5 million (5531.6 million) for Applied Magnetic Corp's (AMC) tape head subsidiary. Tape heads are recording devices for digital data
      304 words
    • Article
      NCB sees great opportunities in home computing
      416 2  -  US surveys show household market is growing twice as fast as corporate sector By Kenneth James THE HOME, one of information technology's fastest growth areas, will be a key focus of the National Computer Board, its new chairman Lim Swee Say said yesterday.
      416 words
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      Page 2 Advertisements Column 1
      353 2 "•"'£>" The Straits Times Classified I Where buyers sellers meet someone to m CATA (1111 II ~~~3j 1800-737-1166 Another 1-Day Seminar By The Vision Experts... AND RE-VISION Executives throughout the world are learning that a company vision is a way of life not just another management fad. Vision is a
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      31 2 fggl 2 STRAIGHT TALK 0 You shouldn't have to read between the lines to get the full picture. iffillSßk Companies Markets. Everyday. y' SINGAPORE r■ 1 BusinessTinies 1 WE KNOW ASIA
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  • APEC '94
    • Article, Illustration
      Lock icon Will Suharto's game-plan be adopted?
      882 3  -  INSIDE Apec Draft Bogor Declaration calls for free trade process to start in 1995 and end in 2020 By Yang Razali Kassim IF PRESIDENT Suharto's game-plan is endorsed today by Asia-Pacific leaders meeting in the Bogor summit, the road to "open and free trade" in
      Reuter  -  882 words
    • Article
      Painstakingly, Indonesia nudges leaders towards free trade idea
      527 3 INDONESIAN State Secretary Murdiono has become a key person on the fringe of the A pec summit. On Sunday, Mr Murdiono spent much of his time accompanying President Suharto as the Indonesian leader received A pec leaders. They included the Prime Minister
      527 words
    • Article
      Lock icon Clinton tells Jiang to come clean on arms sale
      270 3 Reuter JAKARTA US President Bill Clinton yesterday offered Chinese President Jiang Zemin a compromise to resolve a highly contentious arms issue described by the Americans as a "potential time bomb" for US-China relations. The proposal, raised by Mr Clinton in talks
      Reuter  -  270 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      220 3 This announcement appears for the purposes of record only j| BROADWAY INDUSTRIAL GROUP LIMITEDI (Incorporated in the Republic of Singapore on 28 July 1994) INVITATION IN RESPECT OF 28,647,000 NEW ORDINARY SHARES OF $0.20 EACH COMPRISING (A) 17,267,000 INVITATION SHARES AT $0.72 FOR EACH INVITATION SHARE BY WAY OF PUBLIC
      220 words
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      Page 3 Advertisements Column 2
      64 3 Personal Finance and Merchant Banking Only a merchant bank can combine wealth preservation and high performance with financial engineering, discretion and new opportunities. ft m fc| I <■ j? Jfl a h. y jj/L International Primte Banking Singapore, call Quek Su ee Kok on 535-49 88 B xiT Geneva Lausanne
      64 words
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  • SOUTH-EAST ASIA
    • NOTEBOOK
      • Article
        Lock icon Manila posts 15b pesos budget surplus
        119 4 AFP ZMANILA The Philippines reported a budget surplus of 15.44 ♦billion pesos (***** million) for the first 10 months of this year, Jthe finance department said yesterday. The department had predicted a deficit of 4.81 billion pesos. A department statement the surplus to "tight
        AFP  -  119 words
      • Article
        Lock icon £ Malaysia buys US ship for M$ 48m
        91 4 Malaysia buys US ship for M$ 48m AP iKUALA LUMPUR Malaysia yesterday bought from the Unitged States a ship that saw action in the 1990 Gulf War and in the l£recent US operations in Haiti. Malaysia, which paid Ms4B million (5527.5 million) for the landing ship tank, will use it
        AP  -  91 words
      • Article
        Lock icon KL police detain 300 foreigners
        84 4 AFP 4 KUALA LUMPUR Malaysian police detained 300 foreigners jsin a crackdown against illegal immigrants over the weekend, f officials said yesterday. The foreign workers, aged between 18 and were picked up for failing to produce valid travel papere a six-hour security operation, said Ahmad
        AFP  -  84 words
      • Article
        Lock icon US opens Indon commercial centre
        81 4 Reuter DJAKARTA The United States opened a commercial centre in y, Indonesia, hoping to catapult US exporters deeper into the boomJj'ing East Asian region. "TTie new commercial centre is a concrete of the Clinton administration's commitment to building linkages with Asia," said Commerce Secretary Ron
        Reuter  -  81 words
      • Article
        Lock icon Jakarta textile exports may rise again
        50 4 Knight-Ridder The value of Indonesia's textile exports in 1994 may exceed 1993's US$6.O6 billion (SSB.9 billion), according to a report in the Jakarta Post. Quoting Chamroel Djafri, chairman of jjthe Indonesian Textile Association, the newspaper said the industry's recovery was evident from mid-1994. Knight-Ridder
        Knight-Ridder  -  50 words
    • Article
      Lock icon Vietnam selects site for US$ l.lb oil refinery
      265 4 AFP ?HANOI Vietnam plans its first oil refinery near Danang £in the centre of the country, to an official announcement carried in the Ho £Chi Minh City media yester?day. J French company Total has out a feasibility study J for the US$l.l
      AFP  -  265 words
    • Article
      Lock icon Asia's neglect in services sector may prove costly: study
      351 4 AFP SINGAPORE The failure of Asian nations to develop service industries in tandem with booming industrial and manufacturing sectors could prove costly, US broking house Merrill Lynch said yesterday. Merrill Lynch said in a report compiled by its Singapore office that
      AFP  -  351 words
    • Article, Illustration
      Lock icon Celebrating end of Buddhist Lent
      50 4 AFP BURI RUM, Thailand Colourful northeastern Thai villagers set out for boat racing on Sunday to celebrate the end of Buddhist Lent. Buddhist Lent marks the three-month period in Thailand during which monks practise their disciplines intensely and do not leave their temple grounds. AFP
      AFP  -  50 words
    • Article
      Lock icon UK denies linking aid to arms deals
      201 4 AFP LONDON The British government on Sunday insisted that it did not accord foreign aid on the basis of arms contracts, specifically mentioning defence sales to Indonesia. "It is not government's policy to link aid and defence sales," the Overseas Development Administration said
      AFP  -  201 words
    • Article
      East Timor protesters stone policemen
      395 4  -  From Leslie Lopez in JAKARTA THE East Timor issue continued to swing the spotlight away from the Asia-Pacific Economic Cooperation (Apec) forum yesterday, with tension remaining high in the troubled province. Protesters, seeking a meeting with President Bill Clinton, continued their "sit-in" at the US
      395 words
    • Article
      Lock icon Hipa Forest to set up Laos timber plant
      224 4 Bernama KUALA LUMPUR Hipa Forest Industries (Malaysia) Sdn Bhd, will be setting up an integrated timber processing industry plant in Laos with an investment of US$55 million (SSBI million). The company, the first major downstream manufacturer in the region, has recently signed
      Bernama  -  224 words
    • Article, Illustration
      Lock icon KLCE agrees to govt terms for dealing in financial futures
      488 4 AFP KUALA LUMPUR Malaysia's sole commodity exchange is set to win a four-year battle to diversify into financial futures trading after agreeing to share a clearing house with a rival private outfit, a minister said yesterday. "The Securities Commission has
      AFP  -  488 words
    • Article
      Lock icon Inchcape Testing Services pulls out of Cambodia#
      278 4 AFP PHNOM PENH A long-de-bated Ministry of Finance plan to fight customs corruption has finally collapsed as the private company contracted to streamline import inspections announced the closure of its Cambodian office. The British based Inchcape Testing Services (ITS), the second largest company
      AFP  -  278 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      403 4 PICK TOP PERFORMERS AND WHIN TO BUY I 51 A Practical Series of Workshops on Stockmarket Appraisal and Valuation Techniques I Seminar 1 Thursday 1 December, 6JO pm to 9pm I required sous in Constructing a winning PORTFOLIO OF SINGAPORE AND MALAYSIA STOCKS Registration Fee: Each seminar costs $350 per
      403 words
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      Page 5 Advertisements Column 1
      64 5 HMppH gold would NOT BE GOLD x IF IT WAS EASY^^ ET i I* An 18 Karat solid gold sports watch. Officially certified automatic chrono- 00 v M|| a meter movement, scratch-resistant sapphire crystal, magnified date indica- tor and water resistant to 200 meters. 1 The new 6000 Gold. A
      64 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Closed-end foreign investment funds play key role in China
      391 6  -  By Schutz Lee SINGAPORE China considers closed-end foreign investment funds as most crucial in its three-pronged agenda to internationalise its stock markets. Nie Qingping, deputy director of the overseas markets department of the China Securities Regulatory Commission (CSRC), said closed-end foreign
      391 words
    • CHINA WATCH
      • Article
        Lock icon NT$ 100b loan offer for Taiwan projects
        83 6 AFP TAIPEI Taiwan's banks are to offer NTS 100 billion (555.6 billion) in loans to finance local enterprises engaged in major projects, economic officials said yesterday. The loan package, initiated by the cabinet-level Council for Economic Planning and Development, was aimed at bankrolling
        AFP  -  83 words
      • Article
        Lock icon China environment deterioration slows
        71 6 UPI BEUING China's environment protection chief yesterday said the appalling degradation of his country's water, earth and atmosphere is slowing, but the rapid industrialisation of villages and townships is still causing serious problems. "The deterioration of China's environment is slowing down," said Xie Zhenghua, director of
        UPI  -  71 words
      • Article
        Lock icon The way to a tourist's heart...
        103 6 Reuter TAIPEI Forget the beaches, the mountain scenery and the culture most foreign tourists come to Taiwan to eat. A survey published yesterday showed that what most attracted 1.85 million foreign tourists here last year was Chinese cuisine. Polled after their arrival on the
        Reuter  -  103 words
    • Article
      Two new HK Chinese TV channels eye S'pore audience
      406 6  -  From Lim Soon Neo In HONGKONG HONGKONG-based CIM Co Ltd will launch two Chinese language television channels on Dec 30 but Singapore viewers may only be able to receive the programmes over Singapore Cable Vision next May. At a press conference
      406 words
    • Article, Illustration
      Lock icon Wrong signals
      54 6 Reuter HONGKONG An office worker reading a double-page advertisement in a local newspaper yesterday featuring a photograph of Adolf Hitler and Hitler youth. The ad, which said Hitler would have won World War II if he had advertised with a local TV station, caused outrage just days after
      Reuter  -  54 words
    • Article
      Lock icon China's laws on safety in nuclear power industry in final stages
      258 6 Reuter BEIJING China has completed a draft law to cover safety in its nuclear power industry and expects the legislation to be ratified soon by the National People's Congress, People's Daily said yesterday. The Nuclear Safety Department has already
      Reuter  -  258 words
    • Article
      Lock icon Taiwan computer firms climb technology ladder
      263 6 Bloomberg Business News TAIPEI Only 10 years ago, cash-strapped Taiwan companies looking to succeed in the computer business had only enough investment capital to make pirated Western-designed personal computers in factories little bigger than an Americansized two-car garage. A preliminary agreement to build a
      Bloomberg Business News  -  263 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      254 6 #FROM THE DESIGN HERITAGE THAT BEGAN IN SWITZERLAND OVER ELEVEN DECADES AGO: THE MOVADO 1881 COLLECTION foflctiwL s*«^)^econd Crafted in Switzerland. AUTHORIZED DEALERS: All WATCHES t LEATHER PTE ITO (Lvcky Plozo. Wismo Atrio). ASIA WATCH CENTRi PTE 111 (Kotong Shopping (rati*. Poikwoy Porade), BHARATH WATCH PTE LTD (Seiangoon Rood). K
      254 words
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  • REST OF ASIA
    • Article
      Lock icon US sets its sights on China, S Korean, Indonesian and Indian markets
      439 7 AFP NEW DELHI The United States will focus its commercial sights increasingly on four Asian markets as it looks beyond Europe and Japan, a US administration official said here yesterday. The Chinese economic area including China, Hongkong and
      AFP  -  439 words
    • Article, Illustration
      Lock icon Mother-and-daughter team takes charge in Sri Lanka
      287 7 AFP Reuter COLOMBO Sri Lanka set a world record yesterday with a mother-and-<laughter team for premier and head of state after the landslide victory of the ruling People's Alliance at last week's presidential polls. The country's new president Chandrika Kumaratunga made few changes
      AFP; Reuter  -  287 words
    • Article
      Lock icon India's Maruti plans third car plant
      207 7 AFP NEW DELHI Maruti Id yog Ltd (MUL), India's leading carmaker, plans to set up a third factory in a bid to meet galloping demand for cars, managing director R C Bhargava said yesterday Mr Bhargava said he had sought the approval of Japan's
      AFP  -  207 words
    • ASIA NOTES
      • Article
        Lock icon Australia expects 4.5% growth
        100 7 Reuter CANBERRA The Australian government now expects the economy to grow by 4.5 per cent, and not the revised 4.25 per cent announced by Treasurer Ralph Willis in September. Industry Minister Peter Cook, speaking in parliament, said: "While the composition of growth in 1994-95 period is
        Reuter  -  100 words
      • Article
        Lock icon Rupee to become convertible
        69 7 Reuter NEW DELHI India is committed to make the rupee convertible on the capital account after some more progress in its three-year-old economic reforms, Finance Minister Manmohan Singh said. "The rupee is convertible on the current account. It is our expectation that as we make progress,
        Reuter  -  69 words
      • Article
        Lock icon More say to state firms: Singh
        82 7 Reuter NEW DELHI Indian Finance Minister Manmohan Singh said he favoured a high degree of autonomy for state-owned companies to boost their productivity. "I think the government should be concerned with broad objectives which the PSEs (Public Sector Enterprises) are expected to achieve and
        Reuter  -  82 words
      • Article
        Pakistan faces new anti-govt campaign
        61 7 DHAKA Bangladesh opposition parties yesterday unveiled a new anti-government campaign to unseat the government of Prime Minister Khaleda Zia. The campaign is to start from Nov 17 and will last for 20 days. The highlights of the new agitation are a 48-hour nationwide strike beginning
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  • Page 7 Advertisements
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      211 7 IDD CALLS TO CANADA ARE 38% LESS. GREAT EH? A one-minute conversation is only $1 40* H J at Standard IDD rates So if vou can t think of Singapore lekcom a reason to call, you just found one IH It's Nice To Know There's A COMPANION™ 1 At These
      211 words
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  • THE WORLD
    • Article
      Lock icon US economic growth may be near peak, say economists
      438 8 Los Angeles Times WASHINGTON The good economic news just keeps coming: inflation remains under control, growth is solid and the nation's unemployment rate is at a four-year low. Yet as the Republicans take control of Congress, empowered by a public frustrated
      Los Angeles Times  -  438 words
    • Article, Illustration
      Lock icon EU membership drive on track with Sweden's entry
      299 8 Reuter BRUSSELS The European Union purred with content yesterday after Sweden's referendum "yes" vote kept the EU's enlargement plans on track, allowing the bloc to expand to at least 15 members on New Year's Day. After two years in which "Euro-scepticism" ran
      Reuter  -  299 words
    • Article
      Lock icon Former Dutch PM among new candidates for top OECD post
      478 8 International Herald Tribune PARIS Amid a stalemate over the choice of a new secre-tary-general of the Organisation for Economic Cooperation and Development (OECD), member governments have begun pondering a new slate of candidates led by Ruud Lubbers, the former Dutch
      International Herald Tribune  -  478 words
    • WORLD WATCH
      • Article
        Lock icon Yeltsin expects friction with US
        84 8 Reuter MOSCOW President Boris Yeltsin said yesterday he expected new friction to develop between the United States and Russia following the Republican Party successes in the US mid-term elections, Itar-Tass reported. "After the victory of conservatives at the US mid-term election we can expect a
        Reuter  -  84 words
      • Article
        Lock icon Private telecom networks in Germany
        89 8 Reuter BONN Private firms may be allowed to start operating their own telecommunications networks in Germany from 1996, earlier than previously planned, according to Focus magazine. It quoted the head of Deutsche Bundespost Telekom, the German state monopoly, as saying its planned flotation could be
        Reuter  -  89 words
      • Article
        Lock icon Russian defence minister faces ouster
        88 8 AFP MOSCOW Russian Defence Minister Pavel Grachev may be dismissed soon, a Russian MP said here on Sunday. Next week may be the turn of the head of the defence ministry, Nikolai Gonchar, a deputy of the Russian upper house or Federation Council, said. Mr
        AFP  -  88 words
      • Article
        Lock icon Kinkel mum on economics minister
        65 8 Reuter BONN Klaus Kinkel. German Foreign Minister and head of the liberal Free Democrats, refused to confirm that Economics Minister Guenter Rexrodt would stay in office when the new cabinet is named. "No one can have an unshakeable claim to a portfolio," he said. The
        Reuter  -  65 words
      • Article
        Lock icon Moscow starts dressing up
        68 8 AFP MOSCOW With the frontages freshly painted, the heart of the Russian capital is undergoing a facelift. Local investors and the city authorities have taken over from foreign firms which for the past three years dominated the construction market. "We want to restore the image of
        AFP  -  68 words
    • Article
      Lock icon Coalition leaders close ranks to support Kohl's re-election
      415 9 FT BONN Germany's coalition party leaders and managers struggled at the weekend to prevent breaches in the ranks or other mishaps which might hurt Helmut Kohl's chances of being re-elected chancellor in today's Bundestag vote. With a mere 10-seat parliamentary majority they
      FT  -  415 words
    • Article, Illustration
      Lock icon French Right distressed by the deep divide
      499 9 Reuter PARIS A third cabinet resignation driven by scandal and a burning political rivalry have plunged the French Right into deep disarray ahead of the 1995 presidential elections, conservative political leaders acknowledge. Feuding between the Gaullist presidential rivals, Paris mayor Jacques Chirac and
      Reuter  -  499 words
    • Article, Illustration
      Lock icon John Major faces conflicting pressures on political strategy
      458 9 Reuter LONDON This week, Britain's beleaguered Conservative government will unveil legislative plans which will show whether it has opted for consolidation or continued revolution in its bid to recover its bleak political fortunes. Prime Minister John Major, under right-wing fire for dropping
      Reuter  -  458 words
    • Article
      Lock icon Britain's Sunday Times editor to leave Murdoch's media group
      329 9 Reuter LONDON The editor of Britain's best-selling upmarket Sunday newspaper said yesterday he is to quit Rupert Murdoch's media empire and write a book about his years working for the Australian-born tycoon. Andrew Neil, for 11 years editor of News International's
      Reuter  -  329 words
  • Page 8 Advertisements
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      367 8 lELjiicWil MasterCard® Hot Air Balloon MRb Chronicles of r** Travel" takes you (Mi a Hot Air Balloon Safari mi I fn ilinnnifflHH^illßPi]^Mll[l!llLlEßi^^^^^^^^^^^^B Imagine... azure African skies above you. The expansive environs below you. You are drinking in the wild, natural beauty of this great continent from a hot air balloon.
      367 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      184 9 First we gave you more space. Ml Now we're giving you more spaces. t- 1 I tl] iw l Announcing our new 747-400 service with 30% increase in World Business Class from Oct. 30. Our World Business Class has may notice that 18 fellow travelers on to enjoy it. Call
      184 words
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      199 10 |H^m. HI II ÜBH BS ■ninftfc* HBn BMH fl w^££rfß.> I HK w MMi K WHEN REPUBLIC PLAZA COMPLETES THE PICTURE AT RAFFLES PLACE, WILL YOU BE IN OR OUT? If you miss out on Republic Plaza, you'll miss out on the chance for your business to be at the
      199 words
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  • PROPERTY & CONSTRUCTION
    • Article, Illustration
      Sime UEP explores non-residential property
      1415 11  -  The years ahead will see Sime's property arm go beyond homes to industrial and commercial development, in the Klang Valley and beyond. Tan Su Yen reports Tan Su Yen LONG QUEUES are a familiar sight whenever Sime UEP Properties, the property arm of the Sime
      1,415 words
    • Article
      Lock icon HK house prices tipped to rise next year
      125 11 Knight-Ridder HONGKONG residential property prices have bottomed out and will likely rise gradually in 1995, said Sun Hung Kai Properties managing director Thomas Kwok last week. "I think it will go up steadily, but we may have to wait until the activity
      Knight-Ridder  -  125 words
    • Article
      PROPERTY WATCH
      290 11 Selected transactions in the past week 1 District Project Typt T«mr» SSp»f PRIVATE Nov 7J994 j 1543 Katong ParkTwr Condo 2142 L99 I 990,000 462 Nov 7J 994 I 1232 Casa Irrawaddy Condo 904 I FH 594 Nov7J 994 Tj646 TheBayshore Condo 926 L99 650,000 701 Nov 7,1994
      290 words
    • Article
      Singapore ranked second dearest for factory space
      346 12  -  By A J Leow SINGAPORE ranked the second most expensive location for industrial space in a survey of 53 cities by Jones Lang Wootton. According to the JLW International Occupancy Cost Monitor, the set-up cost for an industrial unit of 1,000 sq m
      346 words
    • Article, Illustration
      Kuok firm to develop offices, flats in Shanghai's new CBD
      490 12  -  By Tan Su Yen KUOK group subsidiary Shanghai Kerry Real Estate wilt develop its first Shanghai project in Hongkou, a district earmarked by the city authorities as part of the Central Business District expansion zone. The group hopes to ride
      490 words
    • Article, Illustration
      Popular Store to bow out of Serangoon Gardens
      235 12  -  By Arthur Lee THE oldest shop tenant in Serangoon Gardens, the Popular Store, is finally calling it a day after 35 years. Always a popular haunt for books, magazines and stationery, it opened its doors in 1959 and has seen three generations
      235 words
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      16 11 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Business Tiroes
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      Page 11 Advertisements Column 3
      450 11 IDD CALLS TO HONG KONG ARE NOW A REAL BARGAIN. IDD rates to the British Territory have been H J reduced by 13%. So a one-minute call, at Standard Singapore relecom rate, is only $1 30*. Talk is cheap j •••••<. TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 L.C. Development Ltd (Inoorporaltd
      450 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      70 12 Prime Condominium Development Site (Next to Shangri-La Hotel) For Sale By Tender Tenure Freehold Land Area Approx 63.462 sq ft Plot Ratio 1-6 Tender Closing Date 4pm. Bth December 1994 For Tender Documents Further Information. Contact Sole Marketing Agent: Richard Ellis Investment Department V Tel: (65) 224 8181 Fax: (65)
      70 words
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  • SPORTS
    • Article, Illustration
      Lock icon Couples and Love lift Cup for a record third time
      482 13 Golf AP DORADO, Puerto Rico The United States team of Fred Couples and Davis Love set a tournament record by winning the World Cup of Golf for the third straight time on Sunday. Their victory broke a mark set twice
      AP  -  482 words
    • Article, Illustration
      Lock icon Game of the Year fizzles, other matches sizzle
      540 13 UPI SAN FRANCISCO The battle of the year turned out pith a lack of drama on Sunday, thanks largely to San Francisco's maligned defence. But there was plenty of excitement elsewhere in a round jof action that saw New England quarterback Drew
      UPI; Reuter  -  540 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        187 13 NEW YORK NBA Sunday: Seattle 115 LA Clippers 90. Standings (W L PCI GB) Eastern Conference, Atlantic Div: I Washington 4 1 .800 2 NY 3 1 .750 '/i 3 Orlando 3 2 .600 1 4 Boston 1 3 .250 2'/i 5 New Jersey 1 5 .167 3'/ 2
        187 words
      • Article, Illustration
        Cricket
        58 13 NEWCASTLE, Australia England were 200 for five at stumps on the third day of their four-day match against New South Wales on Monday, a lead of 163. Scores: England 328 (G Hick 73. J Crawley 71, G Thorpe 67, B McNamara 4-50) and 200 for five; NSW 365 (M
        58 words
      • Article, Illustration
        Golf
        341 13 MYRTLE BEACH, S.C. US$l.35 million Senior Tour Championship final rd Sunday (x--won in playoff): 273 x-Ray Floyd 67-73-67-66, Jim Albus 64-71-66-72 275 Jay Sigel 69-72-71-63 277 Jim Dent 71-69-70-67 279 Tom Wargo 67-74-70-68. DORADO BEACH, Puerto Rico US$l.2 million Heineken World Cup final rd Sunday: 536 US (Fred Couples
        341 words
      • Article, Illustration
        Tennis
        38 13 BUENOS AIRES, Argentina L *****,000 Topper Open final Sunday: Alex Corretja (Spn x 3) b Javier Frana (Arg) 6-3 5-7 7-6 (7-5). Doubles: Sergio Casal/Emilio Sanchez (Spn xl) b Tomas Carboncll/Francisco Roig (Spn x 2) 6-3 6-2.
        38 words
      • Article, Illustration
        American Football
        286 13 HEW YORK NFL Sunday: Cinannati 34 Houston 31; Kansas City 13 San Diego 14; Miami 14 Chicago 17; New Orleans 33 Atlanta 32; New England 26 Minnesota -20 (OT); NY Giants 9 Arizona 10, [Philadelphia 7 Cleveland 26; Denver 17 Seattle 10; Green Bay 17 [NY Jets 10,
        286 words
    • Article, Illustration
      Lock icon Schumacher says he deserved his F1 championship win
      416 13 AFP ADELAIDE Michael Schumacher is making no apologies for denting the world driver's championship hopes of his Williams Renault rival Damon Hill in Sunday's series-deciding Australian Grand Prix. Schumacher became the first German to be crowned Formula One champion when a crash
      AFP  -  416 words
    • Article
      Lock icon A sentimental farewell for Martina at New York tennis tournament
      504 13 AFP NEW YORK Never mind the other 15 players at this week's Virginia Slims Championships, this year the finale of the women's tennis season will be a going-away party for Martina Navratilova. "It is all going to be so sentimental,
      AFP  -  504 words
    • Article, Illustration
      Lock icon Agassi, Becker, Sampras set for ATP showdown
      391 13 AP FRANKFURT Just as Andre Agassi and Boris Becker were sizing each other up before a possible showdown at the ATP Tour finale, Pete Sampras reminded them who is still the king. While Sampras struggled to overcome an ankle injury and regain his
      AP; Reuter  -  391 words
    • SIDELINES
      • Article
        Lock icon Nike sues former S Korean partner
        82 13 AFP SEOUL US sportswear giant Nike has filed a damages suit here demanding its former Korean partner pay US$l million for shipping defective sports shoes, a company spokesman said yesterday. The suit has been filed against Taehwa Co, which had supplied Nike with shoes
        AFP  -  82 words
      • Article
        Lock icon Ray Floyd wins Senior Tour title
        96 13 AP MYRTLE BEACH, South Carolina Ray Floyd came from six shots back in regulation play, then beat Jim Albus in the fifth extra hole on Sunday in the season-ending Senior Tour Championship. Floyd rolled in his winner on a 15-foot downhill birdie putt on
        AP  -  96 words
      • Article
        Lock icon Huber beats Pierce for Virginia Slims
        108 13 AP PHILADELPHIA Anke Huber played the best set of her career and hung on to defeat Mary Pierce 6-0, 6-7 (4-7), 7-5 for the championship of the U*****,000 Virginia Slims of Philadelphia. Huber nearly blew a 4-0 lead in the third set before she
        AP  -  108 words
      • Article
        Lock icon Torgersen gets Bowling World Cup
        84 13 AP HERMOSILLO, Mexico Norway's Tore Torgersen edged former champion Mohammed Khalifa 217-212 to capture the 31st Bowling World Cup, while Anne Jacobs stopped former titlist Lucy Ciovinco of the US 226-204 to bring South Africa its first major ten pin crown. Torgersen, 26, whose bowling
        AP  -  84 words
      • Article
        Lock icon Gullit likely to move to Japan
        106 13 Reuter TOKYO Dutch soccer star Ruud Gullit could move to Japan next season in a move being negotiated by the Yokohama Flugels, a newspaper reported yesterday. Flugels, lying seventh in the 12-team J League, are prepared to pay over 300 million yen (554.52 million)
        Reuter  -  106 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      370 13 Notice TROILUS INVESTMENTS LTD (Incorporated In MINUTES OF EXTRAORDMARY GENERAL MEETING I, Mr Patrick H Wale, tha duly appointed Corporate Representative of NZIB Investments Limited, the holder of the whole of the issued share capital of Troilus Investments Ltd, a Company incorporated in the Republic of Singapore, HEREBY CERTIFY that
      370 words
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  • Page 14 Advertisements
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      602 14 Nothing Beats A Bud. (ftfflj OF \V Cosmopolitan Buffet Lunch Buffet: 12 noon 2.30pm $16.80 (adult) $10.80 (child) Dinner Buffet: 6.30pm 10.00pm $18.80 (adult) $12.80 (child) \V )<y< All prices are subject lo 10% service charge, f 1% government lax and 3% GST lA reservations, .w la/A Hn (carousel P
      602 words
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      Page 14 Advertisements Column 2
      362 14 WHERE TO WINE, DINE AND ENTERTAIN g S I BUSINESS LUNCH OR FAMILY DINNER, 1 FEAST ALL YOU CAN. 1 jfr That's over 50 delightful dishes in all! X Featuring the best talked about seafood and Cantonese cuisine. All jt you can eat. Complimentary platter of lj gj suckling* pig
      362 words
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      Page 14 Advertisements Column 3
      334 14 fn/ The "In-Donesian" Thing To Do! And why not, at the Chatterbox! Indulge in a sumptuous Indonesian buffet of some 30 cold hot dishes and a tempting array of delicious desserts by our guest chefs from Sahid Jaya Hotel Tower, Jakarta. Just do it! Come to the Chatterbox between 10
      334 words
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  • LIFESTYLE
    • Article
      Lock icon A hug for Bush but jabs only for Yeltsin
      539 15 ii chatterbox" AP AP AP AP MIKHAEL GORBACHEV had a hug for G«orge Bush on Sunday but only jabs for fellow countryman Boris Yeltsin. The former US and Soviet leaders met at a reunion at a political conference in the Italian
      AP  -  539 words
    • Article, Illustration
      Coming out of the shell
      680 15  -  After all these years in show-business, Art Garfunkel tells Shahiron Sahari he has only recently learnt to overcome stage shyness Shahiron Sahari ART Garfunkel would have you believe that even after 30 years in show-business, the owner of that angelic and haunting voice is actually
      680 words
    • Article, Illustration
      Lock icon Six oysters in full cry about their loneliness
      473 15  -  Michelle Low sizes up Six Lonely Oysters and seesaws between angst-ridden wallow and side-splitting comic flashes Michelle Low UII7 AH, damn de%/m/ pressing man," T sighed one person at the end of Six Lonely Oysters. The same person was roaring with laughter
      Photo by Arthur Lee  -  473 words
  • Page 15 Advertisements
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      196 15 I A Sharksfin Seafood Set-Menu For Eight WflW Plus one Free Set-menu Voucher $48 MBiM A Sharksfin Seafood Set-Menu For Ten MVM Plus one Free Set-menu Voucher $68 MIM A Sharksfin Seafood Specialities For Two $48" For Four $68" For Six $108" For Eight $128" Plus Service For Your Business
      196 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      1005 15 TV RADIO The The Witness those bizarre deaths that mar her trip. This 1988 horror pic Joanna Pacula goes on a supernatural journey in strives for that ol' black magic. Kin, 11pm, Ch 5 /vt. innfl i Air (See Our Choice, Ste- 5.30 Mighty Mouse and W MI 1.. reo).
      1,005 words
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  • Article
    Matsushita's turn at the BOJ
    518 16 EDITORIAL THE appointment of Yasuo Matsushita as the next governor at the Bank of Japan comes at a critical time. Japan's financial system, by the recent admission of none other than the current central bank governor, Yasushi Mieno, who will retire on December 16, is
    518 words
  • WHAT THE OTHERS SAY
    • Article
      Sri Lanka has the means
      402 16 SRI LANKA is on the brink of far-reaching political change. The elevation of Prime Minister Chandrika Kumaratunga to executive president with overriding powers is to be followed by her mother, former Prime Minister Sirimavo Bandaranaike, moving into the position she vacated, temporarily and for tactical
      402 words
    • Article
      Dealing with garbage
      155 16 THE amount of rubbish in Singapore doubles every 10 years, from 1,300 tonnes a day in 1970 to 2,600 tonnes a day in 1980 and 6,000 tonnes in 1990. More rubbish means more cost. As society becomes more affluent, it is more difficult to get Singaporeans to
      155 words
    • Article
      A vote for peace
      146 16 IT IS no surprise that Chandrika Kumaratunga scored a resounding victory in the recent presidential election in Sri Lanka. The outcome is indeed a strong indication that the Sri Lankan people long for peace. Two decades of terrorist politics has wiped out some of the best
      146 words
    • Article
      A humiliating defeat
      88 16 PRESIDENT Bill Clinton wakes up this morning, after HftpPnited States' mid-term elections, a president without a party to support him. For the first time in 40 years, both the Senate and the House of Representatives are dominated by Republicans, effectively putting a full stop on all his
      88 words
    • Article
      Understanding Clinton better
      141 16 THERE is nothing wrong with President Bill Clinton's camp saying that the Republican takeover of the US Congress and several governorships on Tuesday was not a vote against the President. But the startling poll results clearly sent a message to the youngest president in US history that
      141 words
    • Article
      Whitewashing the White House
      108 16 PRESIDENT Bill Clinton has discovered the disastrous consequences of making big promises that are not kept. Mass electorates, all too often pilloried for their susceptibility to mud-slinging demagogues, are even more merciless when they figure that they have been led on by fast talk and missed
      108 words
  • Article, Illustration
    West Europe gears up for information superhighway
    1048 16  -  The Americans are leading in the race for control of the information technology business, and the West Europeans don't much like that, reports Salil Sarkar Salil Sarkar The writer, a Paris-based journalist, contributed this article to BT. THE "information superhighway" fever is gripping
    1,048 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      24 16 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. Singapore rfl BusincssTimcs WE KNOW ASIA
      24 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      83 16 /V'm ftrpcyn nr>TsjOO pfc£- p\S WCH USE e>R\sToU), MMe. H Vfn STiU. UQg»KWG J Ps 60X ON FiMisniep jjjgf J Svj e *»SOCI*TtO NEVWAPtRS LTD IHMH4 POONESBURY GARRY TRUDEAU —————————1 it ;T7;-" *xsg I'M JUST MO&LB BOOPSie, EXCUSGMB, OFOOURSB, YOU HBUO-*, WHAT? ANAL- TWO, I'M avex AN ARB VCU 7H5
      83 words
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  • ANALYSIS
    • Article, Illustration
      Uphill battle for public support
      1380 17  -  Chandra Asri, Indonesia's US$ 1.6 billion petrochemical project, is drawing criticism for its bid for tariff protection. Leslie Lopez reports Leslie Lopez The writer is BT's Jakarta correspondent Geysers of steam hiss from cracked pipes. Young men, clinging to scaffoldings and armed with blowtorches, seal
      1,380 words
    • Article, Illustration
      Lock icon Pensioners with a stake in the developing nations
      1054 17 The flow of capital from rich to poor nations will benefit tomorrow's rich-world pensioners as well as today's emerging economies The Economist WORRIES about a global capital shortage have come back into fashion. Economic doomsters fret that growing investment demands in newly
      The Economist  -  1,054 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      211 17 fIP J* P jmJ VMD&££t a ■H Ml I IBw «®L I I j|jjM Kb Because We Believe Business Class Should Not Stop When You Leave Business Class. The moment one smile bids you M ul t^al s 1101 At Amara Y Oll goodbye there is another waiting at W
      211 words
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  • Article
    US dollar soars on rate hike hopes
    559 18  -  From Neil Behrmann in LONDON THE US dollar leapt against European currencies and the yen on expectations that the US Federal Reserve will raise interest rates by at least half a percentage point today. Late yesterday in Europe the dollar had broken through
    559 words
  • Article
    Ringgit faces pressure if Fed rate hike exceeds half point: dealers
    537 18  -  From Ho Kay Tat in KUALA LUMPUR THE Malaysian dollar, which is yielding to seasonal year-end commercial demand for US dollars, will come under more pressure if the US Federal Reserve Board jacks up interest rates beyond the expected
    537 words
  • Article, Illustration
    Lock icon Eurojourney at last
    91 18 AFP PARIS The driver of the first commercial high-speed Eurostar inaugurating the Channel lunnel rail link between Paris and London, getting ready for departure yesterday at the Gate du Nord station here. The trains made their first journeys with fare-paying passengers, accompanied by brass band fanfares and
    AFP  -  91 words
  • Article
    US Senate may not pass Gatt bill this year: top Democrat
    420 18  -  From Leon Hadar in WASHINGTON A TOP Democrat in Congress expressed concern on Sunday that the Senate will not be able to ratify this year the global trade accord, negotiated under the auspices of the General Agreement on Tariffs
    420 words
  • Article
    Lock icon Boots to sell drugs arm to BASF for £850 m
    343 18 Bloomberg Business News Reuter LONDON Boots Company pic has agreed in principle to sell its pharmaceutical unit to BASF of Germany for £850 million (Ss2 billion). The final sale depends on due diligence, regulatory approval, board consent and more specific
    Bloomberg Business News; Reuter  -  343 words
  • Article, Illustration
    Hard lesson for UK govt from Hurd, Howard cases
    803 18  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a UK-based journalist who contributed this commentary to BT. AS THE BODY that makes all the laws, a British government is understandably highly embarrassed when its own ministers are caught breaking
    803 words
  • Article
    Lock icon Kmart's third quarter profit down 59%
    116 18 Bloomberg Business News TROY, Michigan Kmart Corp said its third quarter earnings fell 59 per cent, as shoppers avoided apparel and other full-price goods, driving down its profit margin. The country's second-big-gest retailer said its net income in the quarter ended Oct 26 fell
    Bloomberg Business News  -  116 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      21 18 Nitsuko J£ t Digit .1 I Me>p%one Systems M Mo; Edge Technology $1.80 per 100g (Not Applicable For Take-Away Order) 'f
      21 words
    • Advertisement
      Page 18 Advertisements Column 2
      296 18 Distributor: 7el: 27 8 70 8 8 f. r 57c 7Q Q Q Singapore Commumcattoos Equipment Co Pte lid I dA 1 m I 0 I 0w 0 Quality Service |H| Seminar on I Controls Over Prevention Of Money Laundering Controls over prevention of money laundering are currently a major
      296 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Broadway expects to lift net earnings 56% this year
      460 19  -  By Ven Sreenivasan SINGAPORE Foam packaging maker Broadway Industrial Group, which yesterday launched a public share offer, said it was confident of raising its net earnings by 56 per cent to $3.6 million this year. The company, which is offering 28.6
      460 words
    • Article
      Silk Air outlook a worry, says SIA chief
      366 19  -  By Ramesh Divyanathan SINGAPORE Singapore Airlines managing director Cheong Choong Kong is worried about subsidiary Silk Air's poor results and its prospects for recovery. The regional carrier suffered a $17.3 million after-tax loss in the six months to Sep 30, but Dr
      366 words
    • Article
      Stock markets set to benefit from savings switch
      187 19  -  By Shiv Taneja SINGAPORE Regional equity markets should benefit from the trend among Asians to put their savings into pension funds, insurance and mutual funds, says Salomon Brothers. In its Weekly Pacific Perspective. released yesterday, Salomon says Asians are switching their traditionally
      187 words
    • Article
      Bargains needed to revive IPO market
      582 19  -  HOCK LOCK SIEW By Amy Balan SINGAPORE IPOs anyone? Going by the dismal performance of recent initial public offerings (IPOs), there may not be many takers. The latest listing on the Stock Exchange of Singapore, lift and escalator company Chevalier, saw its shares closing
      582 words
    • Article
      SCS Malaysian arm to install gaming system for Sabah firm
      227 19  -  By Claire Leow SINGAPORE The Malaysian subsidiary of Singapore Computer Systems has won a $7.3 million contract to supply, install and commission a gaming system for Associated Kaolin Industries in Sabah. The system, to be managed by Malaysian firm Sandakan
      227 words
    • Article
      Hwa Hong unit to buy into China can maker
      178 19 SINGAPORE A subsidiary of Hwa Hong Corp has signed a joint-venture agreement to own 30 per cent of a can-mak-ing company in the eastern Chinese province of Shandong. Hwa Hong Edible Oil Industries will invest US$l.4l million in Hua Xing Plate
      178 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        42 19 Mixed 'Market Mood indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Baring. Fraser. G K Goh. Morgan GrenJell, Somura. Phillip. Smith -Vo* Court. Wl Carr and SG Warburg.
        42 words
      • Article, Illustration
        HOT STOCK
        112 19  -  -By Paul Leo HOUR Glass has more downside risks than upside potential at yesterday's closing price of 5i.56. The trend is still bearish as indicated by the moving averages. The price has been below the 5-day moving average line since September and the 5-week moving average line has
        112 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Amcol's Distar gets Thai IPO nod
          84 20 SINGAPORE Amcol Holdings said yesterday its associate. Distar Electric Corporation Public Co, had been granted approval to make an initial public offering of five million shares at a subscription price of 70 baht per share on the Stock Exchange of Thailand. The offer period
          84 words
        • Article
          KL banks raise fixed deposit rates
          69 20 KUALA LUMPUR Twelve banks have raised their onemonth fixed deposit rates to 4.50 per cent from 4.25 per cent following a request from Bank Negara. They are Public Bank Bhd, Malayan Banking Bhd, Bank Bumiputra Malaysia Bhd, Chase Manhattan Bank, Citibank, ABN AMRO Bank,
          69 words
        • Article
          LC Development rights issue
          119 20 SINGAPORE LC Development said yesterday it would be channelling the proceeds from its latest rights issue estimated at about $65.6 million for the purchase and redevelopment of three sites at Holland Manor, Jalan Loyang Besar and Draycott Drive. The developer said it had been granted in-principle
          119 words
        • Article
          OCBC to open Yangon office
          60 20 SINGAPORE OCBC Bank opens a representative office in Yangon, Myanmar, today, after an absence of 31 years. OCBC operated a branch in Yangon (previously known as Rangoon) from 1932 to 1963. The new office is headed by John Teoh and it will identify trade and
          60 words
        • Article
          Sembawang offer for RDC
          59 20 SINGAPORE Resources Development Corporation (RDC) said yesterday that OCBC has made a conditional cash offer on behalf of Sembawang Industrial Pte Ltd (SIPL) for all issued shares of RDC at $6.25 per share. Shareholders who wish to accept the offer should send their forms of acceptance
          59 words
      • Article
        Lock icon Thailand's Finance One 3rd qtr profit jumps 46%
        180 20 Bloomberg Business News BANGKOK Finance One pic, Thailand's largest nonbank financial conglomerate, yesterday reported a 46 per cent rise in third quarter net profit to 691.2 million baht (5540.7 million). For the three months ended Sep 30, earnings per share rose to
        Bloomberg Business News  -  180 words
      • Article
        Untitled
        474 20 Hangars' print Nov IS Mcndaki Gr Fund 1.17 1.20 llni* Tru«t US Gr Fund 0.96 I OOxd" 55SL 77 uoe Asset Mgt Ltd The Savings Fund 1.63 1.72 Unifund 1.52 1.59 S'pore Prog Fund 0.63 0.67 Unibond 1.045 1.07 S'pore Sec Fund 1.00 1.06 United Gr Fund! 1.77 1.85 S
        474 words
      • Article, Illustration
        Philippine bourse bars listing of 51% owned subsidiaries
        419 20  -  From Al Labita in MANILA A COMPANY 51 per cent owned by a publicly-held parent firm will no longer be allowed to list on the Philippines Stock Exchange (PSE), a PSE official said yesterday. PSE president Eduardo de los Angeles said the
        419 words
      • Article
        Lock icon Maybank's tie-up with Indonesia's Nusa Bank to kick off in January
        320 20 Benama JAKARTA Malaysia's top commercial bank, Malayan Banking Bhd, has entered the Indonesian market by forming a 79-21 per cent joint venture with local PT Nusa Bank International, which is due to start operations by Jan 10 next year.
        Benama  -  320 words
      • Article
        Lock icon Kwong Yik Bank gets nod for main board listing
        287 20 Bernama KUALA LUMPUR The Securities Commission has approved the flotation of Kwong Yik Bank Bhd, a subsidiary of Malayan Banking Bhd (Maybank), on the main board of the Kuala Lumpur Stock Exchange. In conjunction with the exercise, Kwong Yik, the oldest
        Bernama  -  287 words
      • Article
        Lock icon Diethelm (M) expects M$ l6.4m pre-tax profit for this year
        246 20 Bernama KUALA LUMPUR Diethelm Holdings (Malaysia) Bhd, which is seeking a main board listing, has estimated its pretax profit for 1994 at M$ 16.42 million (559.36 million) and for 1995 at M$ 19.41 million. Commerce International Merchant Bankers Bhd (CIMB)
        Bernama  -  246 words
      • Article
        Lock icon Journalist appeals against M$ 2m award to Vincent Tan
        235 20 Bernama KUALA LUMPUR Journalist MGG Pillai has appealed a High Court order that he pay Ms 2 million (SSI.I million) to Berjaya Group Bhd chairman Vincent Tan for writing a defamatory article about Mr Tan in the Malaysian Industry magazine. Mr
        Bernama  -  235 words
      • Article
        TA Securities and Rashid Hussain buy Manila seats
        360 20  -  From Al Labita in MANILA MALAYSIAN broking firms TA Securities and Rashid Hussain have bought seats on the Philippine Stock Exchange. Exchange president Eduardo de los Angeles said yesterday that TA shelled out 45 million pesos (552.7 million) and Rashid Hussain 50
        360 words
      • Article
        Lock icon KLSE rally hinges on Wall St response to FOMC move: analysts
        327 20 Reuter Bernama KUALA LUMPUR The worst may be over for the Malaysian stock market, battered by fund selling and forced liquidation, for the year but analysts say any rebound will depend on Wall Street's reaction to the pivotal US
        Reuter; Bernama  -  327 words
      • Article
        Untitled
        796 20 Pa> ment Ex Books Pay dale dose date Amick Eng 20* F 6TE Dec 12 Dec 16 Dec 30 Amah Hldgs 50" b 6 Nov 23 Dcc 7 Jan 5 Asia Pac Ld I 2TE Nov 23 Dec 7 Jan 5 Boustead 30* F 11.5 Nov 16 Nov 30 Dcc
        796 words
      • Article
        SCMP chairman unveils plan for business paper in China
        329 21  -  From Lim Soon Neo in HONGKONG THE South China Morning Post (Holdings) Ltd is interested in running an English language economic newspaper in China, according to chairman Robert Kuok. Queried by reporters after the company's annual general meeting yesterday, Mr Kuok
        329 words
      • Article
        Lock icon News Corp ups Fairfax stake
        90 21 Reuter SYDNEY Rupert Murdoch's global media group The News Corp Ltd has lifted its stake in John Fairfax Holdings Ltd to about 3 per cent, according to an article in the Fairfax-owned Australian Financial Review. It said News Corp is understood to have bought 7.3
        Reuter  -  90 words
      • Article
        Lock icon First LCD camera from Casio
        56 21 Reuter TOKYO Japan's Casio yesterday unveiled a still camera with a liquid crystal display (LCD) that shows the image that is being recorded and plays back a photograph after it has been taken. Casio said it would sell the camera, the first of its type
        Reuter  -  56 words
      • Article
        Lock icon Sumitomo raises profit projection
        85 21 AFP TOKYO Japan's Sumitomo Chemical Co Ltd yesterday announced upward revisions in its earnings for the current year to December, citing better-than-expected sales of basic and petrochemical products. It now estimates a consolidate pre-tax profit of 21 billion yen (Ss3ls million), up from the earlier forecast
        AFP  -  85 words
      • Article
        Lock icon HK firm to control Beijing developer
        73 21 Reuter HONGKONG China Resources Enterprise Ltd has agreed to take a controlling interest in Beijing Huayuan Property Co Ltd for HK5339.5 million (5564.7 million). CRE said it had agreed to buy 57 per cent of Strong Foundation Developments Ltd, which holds a 52 per
        Reuter  -  73 words
      • Article
        Lock icon HK's Johnson Electric motors quietly into Hang Seng Index
        309 21 Reuter HONGKONG It's the wind in your hair dryer, the scream in your coffee grinder, the suck in your vacuum cleaner and the whirl in your power drill. The tiny motors driving many of the world's mundane but important home appliances,
        Reuter  -  309 words
      • Article
        Lock icon Rich City shares soar on takeover bid
        502 21 Bloomberg Business News HONGKONG Rich City Packaging Holdings shares yesterday climbed for the fourth successive day as businessman Martin Kwok announced a takeover bid for the company. The stock reached HKJ2.25, up 32.5 HK cents yesterday and 110.1 per cent above the HK51.07
        Bloomberg Business News  -  502 words
      • Article, Illustration
        Lock icon Packer, Branson may jointly bid for UK TV station licence
        145 21 Reuter SYDNEY Australian media baron Kerry Packer and British entrepreneur Richard Branson are exploring a joint bid for the licence to run Britain's fifth terrestrial TV station, Channel 5, according to Australian newspapers. The Australian Financial Review s London bureau
        Reuter  -  145 words
      • Article
        Lock icon Goldstar to invest US$ 580m in Indonesia over five years
        310 21 AFP SEOUL South Korea's Goldstar Co will invest US$5BO million (SsBs4 million) in Indonesia over the next five years to build a jointventure home appliance production base, a company spokesman said yesterday. "We opted for Indonesia to build it as
        AFP  -  310 words
      • Article
        Lock icon Fund managers perform better in their home markets than foreigners: study
        404 22 The Economist NEW YORK Are local fund managers better judges of their home stock markets than foreigners are? This question, explored in a new study by Ravi Shukla and Gregory van Inwegen, two economists at Syracuse University, has long
        The Economist  -  404 words
      • Article
        Lock icon Sharp and Fujitsu join hands in multimedia venture
        342 22 AFP TOKYO Japan's Sharp Corp and Fujitsu Ltd yesterday announced they had agreed on wideranging cooperation in multimedia businesses, covering information networks and imaging technologies. Under the accord. Sharp will mainly offer its advanced liquid crystal display (LCD) technology to the joint
        AFP  -  342 words
      • Article
        Lock icon B SkyB's IPO values firm at up to £4.6b
        206 22 Bloomberg Business News LONDON British Sky Broadcasting Group Ltd (BSkyß), the UK satellite broadcaster, issued its pathfinder prospectus for a proposed initial public stock sale valuing the company at from £4 billion to £4.6 billion (559.4-$lO.B billion). The company, which is
        Bloomberg Business News  -  206 words
      • Article, Illustration
        Lock icon Disney World plans to sink US$ 2b on new attractions to lure visitors
        473 22 NYT NEW YORK Walt Disney Co is close to approving the investment of as much as USS2 billion (552.94 billion) to expand Disney World, its theme park in Orlando, Florida, a person close to the company said
        NYT  -  473 words
      • Article
        Lock icon Shell Oil expects strong earnings in 4th qtr
        386 22 Reuter LOS ANGELES Shell Oil Co, the US unit of Royal Dutch/Shell Group, is likely to see a fourth-quarter net income extending strong third-quarter gains and surpassing results it achieved a year ago, its president said. "I believe the year-on-year improvement (seen
        Reuter  -  386 words
      • Article
        Lock icon Top US securities firm Merrill Lynch widens lead in race with Wall Street pack
        390 22 Bloomberg Business News NEW YORK Merrill Lynch Co, already the nation's largest securities firm, is pulling away from the Wall Street pack as it heads for the turn of the century. Criticised 10 years ago as
        Bloomberg Business News  -  390 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Petronas to borrow US$ 320m
        137 23 Knight Ridder SINGAPORE A U*****.8 million (*****.4 million) 12year syndicated loan for Malaysia's state-owned oil company Petroliam Nasional, or Petronas, was launched on Friday, according to members of the syndicate. Malayan Banking International Labuan is the lead arranger for the loan, with Labuan branches of
        Knight Ridder  -  137 words
      • Article
        Simex becomes first in Asia to access New York link
        362 23  -  By Paul Leo SINGAPORE Singapore will be the first country in Asia to use the New York Mercantile Exchange's electronic trading system, Access. The Singapore International Monetary Exchange, Simex, said yesterday it had signed a letter of intent with the
        362 words
      • Article, Illustration
        Lock icon HK fund manager Lloyd George woos Chinese investors with gold
        286 23 Bloomberg Business News HONGKONG A Hongkong fund manager hopes to attract Chinese investors with gold. Lloyd George Management has formed the LG Strategic Gold Fund, which will invest mainly in securities of companies involved in gold or mineral mining. The
        Bloomberg Business News  -  286 words
      • Article
        MAS clears the air on finance firms9 trading in new instruments
        274 23  - MAS clears the air on finance firms 9 trading in new instruments By Shiv Taneja SINGAPORE Finance companies which hope to deal in foreign currency denominated shares and debt instruments cannot provide financing for their purchase, but can only trade in these instruments on their own account. A spokesman for
        274 words
      • Article
        Moody's plans to rate 600 banks worldwide
        194 23  -  By R Sivanithy SINGAPORE International credit rating agency Moody's Investors Services will assign financial-strength ratings to 600 banks worldwide during the next year. The ratings will reflect Moody's opinion of a bank's intrinsic safety and soundness. Unlike Moody's core business of rating debt,
        194 words
      • SMALL CHANGE
        • Article
          Lock icon Vital role seen for baht in next 6 years
          79 23 Knight-Ridder BANGKOK The Thai baht will gain a more significant role in South-east Asia over the next six years due to Thailand's more liberal capital markets. The Nation newspaper yesterday quoted a Bank of Thailand official and a securities firm executive
          Knight-Ridder  -  79 words
        • Article
          Lock icon Peregrine fund hits half-way mark
          71 23 Bloomberg Business News HONGKONG Hongkong investment bank Peregrine Investments Holdings Ltd yesterday said it has raised half the US$l billion (551.47 billion) targeted for its new Asian Infrastructure Fund. Initial shareholders in the fund are the International Finance Corp, the Asian Development Bank and investors
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Shawmut to buy Barclays Bank unit
          73 23 NYT NEW YORK Shawmut National Corp said on Sunday that it plans to buy Barclays Business Credit, the US asset-based lending operation of Barclays Bank pic. When the acquisition is completed, Shawmut will pay a premium of US$29O million above the net asset value
          NYT  -  73 words
        • Article
          Lock icon ING Bank in Aussie tie-up
          88 23 Bloomberg Business News SYDNEY ING Bank, the banking unit of Dutch investment giant Internationale Nederianden Groep NV, is to establish a retail banking business in Australia with its local insurance subsidiary, Mercantile Mutual. ING Mercantile Mutual Bank Ltd will market home loans, investment loans and
          Bloomberg Business News  -  88 words
      • Article
        Lock icon Bankers Trust suspends derivatives sales staff
        167 23 NYT NEW YORK Bankers Trust Co says it has suspended several executives involved in selling corporations the complex financial agreements known as derivatives. A bank spokesman, Douglas Kidd, said the suspensions came after "a thorough review of its leveraged derivatives business". But he declined
        NYT  -  167 words
      • Article
        Lock icon Buying insurance policies from the dying coming alive
        465 24 NYT NEW YORK Buying life insurance policies from terminally ill people to provide them cash before they die, once seen as a ghoulish business not for the faint of heart, is emerging from the shadows. As the young industry grows large, insurance
        NYT  -  465 words
      • Article, Illustration
        Lock icon No shortage of cotton for this mill
        45 24 Reuter BEIJING A lady worker at one of Beijing's biggest cotton mills checking her looms yesterday. The mill has survived a serious cotton shortage because it obtains priority supplies from the state and has imported raw material. Reuter
        Reuter  -  45 words
      • Article
        Lock icon China wildcat oil wells threaten official production
        332 24 Reuter BEIJING Hundreds of wildcat oil wells in north-west-ern China, with the backing of local officials looking for a quick profit, are threatening official production, the China Daily said on Sunday. In north-western Shaanxi and Gansu provinces, more than 160 government departments, mineral
        Reuter  -  332 words
      • Article
        Lock icon Gulf states want current oil output to remain for 6 months
        493 24 Reuter DUBAI The Gulf state members of the Organisation of Petroleum Exporting Countries (Opec), except Iran, prefer a six-month rollover of the group's oil output ceiling when oil ministers meet in a week's time, Gulf oil sources said. Opec,
        Reuter  -  493 words
      • Article
        Lock icon US subsidies for developing petrol alternatives top US$ l.lb a year
        474 24 Bloomberg Business News LOS ANGELES The federal government is providing yearly subsidies of more than US$l.l billion (SSI.6 billion) for the development and use of transportation fuels other than petrol and vehicles powered by them, an organisation representing major
        Bloomberg Business News  -  474 words
      • Article
        Lock icon Visa launches corporate purchasing scheme
        391 24 Reuter LONDON Electronic payments organisation Visa International yesterday launched the first ever European cardbased corporate purchasing system which it said could save companies billions of dollars every year. Visa, owned by over 20,000 banks and better known for its consumer credit card system which has
        Reuter  -  391 words
      • Article
        Futures up as Brent supply set to fall
        296 24 Bloomberg ENERGY REPORT LONDON Crude oil futures rose on estimates of reduced loading programmes next month from the two largest producing systems in the UK sector of the North Sea. At 4.15pm London time, December Brent futures were 17 cents up at
        296 words
      • Article
        Lock icon Currency Report: London
        208 24 Bloomberg Business News LONDON The dollar steadied near the one-month high it rose to against the mark earlier in Europe amid expectations the Federal Reserve will raise US rates for the first time in three months today. The Federal Open Market Committee is expected to decide that
        Bloomberg Business News  -  208 words
      • Article
        Lock icon New York
        98 24 AFP NEW YORK The dollar rose sharply yesterday in New York, bolstered by investment fund buying ahead of today's meeting of the Federal Reserve's open market committee, which is expected to raise short-term interest rates. At 1500 GMT, the dollar was trading at 1.5438 marks, up from 1.5305
        AFP  -  98 words
      • Article, Illustration
        Untitled
        1416 24 Irade weighted index iukvlateil agatnst S'porr'i top 14 trading partnen. Ban• year 19H3 US$/S$ forward rates Noon Nov 14 ss Bid Offer 1-month 1.4706 1.4721 2-monlh ***** 1 4698 3-month I 4666 1.4681 6-month 1.4613 ***** Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi on N*v 14
        1,416 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firm, Euroyen ends lower
        1309 25 m M Mir#- r Reuter SINGAPORE Simex Eurodollars closed firmer while Euroyen futures were easier at close. Dealers said the markets were thin with participants sidelined ahead of the Federal Open Market Committee meeting today where the Fed is expected to hike US interest rates.
        Reuter  -  1,309 words
      • Article
        Palm oil surges on speculative buying
        697 25 COMMODITY REPORTS Palm Oil CRUDE palm oil prices on the physical market continued its upward momentum to close higher, spurred by speculative buying interest. Short covering coupled with persistent demand saw prices continuing the bull run into its third week. Nov south crude palm
        697 words
      • KNIGHT – RIDDER COMMODITY SUMMARY
        • Article
          Copper demand in Asia to surge
          74 25 SYDNEY Copper consumption in Asia's developing countries has grown at a rate of about 10 per cent annually for the last five years, compared with GDP growth of 6.8 per cent, and the prospect that demand will continue to rise is strong, a report
          74 words
        • Article
          Cocoa tonnage at Ivorian ports
          65 25 NEW YORK About 90,000 tonnes of cocoa is "guesstimated" to have arrived at Ivory Coast ports through Nov 5, General Cocoa Co reported in its weekly newsletter. The estimate compares with a total of 85,000 tonnes at the same time last year, the newsletter said,
          65 words
        • Article
          Thai corn output increases
          59 25 BANGKOK Thai corn output for the 1994-1995 (July-June) season is now put at 3.8-4.5 million tonnes, up from 3.3 million a year earlier. The forecasts came from various industry sources with the Thai Maize and Produce Association being the most bullish with an estimate of 4.S
          59 words
        • Article
          S African gold mine hit by unrest
          67 25 JOHANNESBURG South Africa's Winkelhaak gold mine, which dismissed more than 400 mine workers on Friday following alleged incidents of assault and vandalism, lost two days of production at its main No 2 shaft as a result of the disruption, a spokesman said. The
          67 words
        • Article
          New LME warehouse in Netherlands
          32 25 LONDON The London Metal Exchange has approved Vlissingen in the Netherlands as a good delivery point for copper, lead, nickel, tin and zinc, effective Jan 3, 1995.
          32 words
    • Article
      COMMODITY PRICES
      1387 25 Rubber Singapore Commodity Exchange (futures closing as at S.30pn) KSS 1 C—tract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 94 194 50 192.25 196.50 1375 875 Jan 95 191.50 191.50 192.00 775 2850 Feb 189.50 189.50 189.00 400 3650 Mar 187.50 2950 Apr/Jun
      1,387 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1019 26 •25.5 Stocks ended weaker yesterday, with investors looking at the prospect of a further US interest rate hike, brokers said. The key All Ordinaries Index ended 25.5 points down at 1.926.5. The All Resources Index ended 27.3 weaker at 1.293.6. while the All Industrials Index fell 24.5 to 2,774.8.
        1,019 words
      • Article
        Manila
        609 26 -17.21 Share prices dipped yesterday as investors braced for an expected rise in US interest rates and the strong peso dampened interest in dollar-sensitive blue chips. The PSE Index fell 17.21 points to 2,909.40. Turnover was 1.42 billion shares valued at 809 million pesos. Investors were jittery in the
        609 words
      • Article
        Taipei
        581 26 -89.41 Stocks lost steam in quiet trading in the absence of fresh incentives, with banking and insurance hit hardest. The 393-issue Weighted Price Index slumped 89.41 points to finish at 6,393.27. Turnover was 675 million shares worth NT526.88 billion. The market opened slightly lower and steadily lost momentum with
        581 words
      • Article
        Seoul
        455 26 12.34 Share prices rebounded with investors taking advantage of low prices after a four-day slide. The Composite Price Index posted a 12.34-point gain to 1,128.57, driven by buoyant sentiment in anticipation of the Dec 1 expansion of the foreign stock ownership ceiling. Turnover was a thin 34 million shares
        455 words
      • Article
        New Zealand
        371 26 -22.02 Shares closed lower on light volume as the market went on hold before today's Federal Open Market Committee meeting. The NZSE-40 Capital Index closed 22.02 points lower at 2,054.61 on light volume of NZ$22 million. "You could count the number of stocks that did over a million
        371 words
      • Article
        Bombay
        59 26 -38.59 Stocks declined for a fifth day amid investor concern over the strength of the economy following disappointing earnings announced last week. "Investors are waiting," said an analyst. "There's a general mood of caution. People don't want to trade heavily." The 30-share BSE Index fell 38.59 points to 4,020.99.
        59 words
    • WORLD STOCK MARKETS
      • Article
        London
        657 26 19.4 STOCKS rose, tracking gains in US markets as a strengthening dollar offset concern about today's Federal Reserve Board policymaking meeting. Speculation that the Fed will raise interest rates today by a large enough margin to quell investors' concern about inflation helped the dollar rise to a one-month high
        657 words
      • Article
        Paris
        130 26 -7.27 French stocks declined as expectations of a half-point increase in US interest rates today nullified any optimism from yesterday's batch of improved corporate revenue figures. "Compared with what will happen tomorrow, the sales figures paled into insignificance," said a trader. The CAC-40 Irtdex was 7.27 points lower at
        130 words
      • Article
        Amsterdam
        252 26 1.23 Gains in international stocks on the back of a firmer dollar pushed the Dutch AEX index to a higher close, but trading was quiet with dealers reluctant to take positions ahead of today's US FOMC meeting. "The FOMC meeting is hard to call. We might see a half
        252 words
      • Article
        Frankfurt
        177 26 17.36 German stocks rose, buoyed by a stronger dollar, rising bonds and expectations the Federal Reserve will raise interest rates today. The Dax Index rose 17.36 points to close at 2,091.04. Traders are expecting a rise of between a half and one percentage point in US rates today. Though
        177 words
      • Article
        Brussels
        122 26 -0.68 Belgian shares ended mainly flat as players remained cautious ahead of today's FOMC meeting, where the US is expected to raise short-term interest rates at least 50 basis points. The Bel-20 Share Index closed down 0.68 of a point to 1,387.31. Volume was 958 million francs. Dealers said
        122 words
      • Article
        Stockholm
        135 26 +29.85 Swedish shares soared after voters decided the country should join the European Union, a move seen as a guarantee that Sweden will do something to improve its shaky government finances. The OMX Index rose 29.85 points, or 2.62 per cent, to 1,168.62. Skandia AB, the Swedish insurance company
        135 words
      • Article
        Zurich
        303 26 -6.9 Swiss stocks were mixed, giving up earlier gains, amid speculation that Ciba-Geigy is interested in taking a major stake in Chiron Corp. The SMI Index closed 6.9 points lower at 2,590.9. Eleven stocks fell and 12 advanced. The SPI Index dropped 3.45 to 1,705.15. "Ciba fell in connection
        303 words
      • Article
        Toronto
        243 26 13.48 Stocks opened higher in thin trade, with investors sitting on their hands ahead of Today's Federal Open Market Committee meeting. "It's pretty skittish," one dealer said. "Anytime there's a move higher, there's profit-taking.' The TSE-300 Index was up 13.48 points at 4,184.16 in volume of 7.57 million shares
        243 words
      • Article
        New York
        622 26 16.49 The Dow Jones Industrial Average, which fell 20.52 points on Friday, was ahead 16.49 to 3,817.95 at 11 am EST. The NYSE Composite Index was ahead 0.81 to 254.06. while Standard Poor's 500-stock Index was up 1.85 to 464.20. Advances topped declines 989-701 among the 2,513 issues
        622 words
      • Article
        Milan
        177 26 +63 Italian shares staged a late rally on a flurry of buying which some traders ascribed to settling option positions, with leading shares in the forefront of gains. But for the most part, the market was marking time ahead of the result of yesterday's confidence vote in parliament on
        177 words
      • Article
        Johannesburg
        285 26 -8 Shares continued to drift lower in slow trade amid a lack of fresh factors and mostly low turnover. Traders said the undertone was steady, but fresh interest was needed to drag shares off current levels. The Overall Index closed nine points off at 5,857, the Industrial Index fell
        285 words
      • Article
        Untitled
        627 26 Britannia Funds Steriiaf Cash BM Offer MMOO Mini Jeney O* 2 ifjl 2 iTU Mini Max Income jMMt 0 MOO US$ Cash Income Plus Fund 9.5)00 10.0*00 PS S Reaervt Fund 5 J100 5.J400 -0 4592 0 «9J» Far Eatf Fund 2 I'S 222 Mm Portfolio l.fJIO 2.0t«0 UK Growth
        627 words
    • Article, Illustration
      Lock icon HONGKONG
      2786 27 Bloomberg Business News HONGKONG Share prices were steady ahead of today's Federal Reserve meeting which is expected to lead to higher interest rates in the US and Hongkong. "A one percentage point rise would show that the Fed is serious and committed and we can take a breather from
      Bloomberg Business News; Source: Bridge Info  -  2,786 words
    • Article, Illustration
      Lock icon CHINA
      563 27 CLSA H SHARES edged down 0.4 per cent on turnover of HK$l62 million yesterday. Investors are expected to stay sidelined as they await further new listings over the next few weeks. Shanghai B investors were also cautious, with the index ending down 8.78 points to 831.77 on turnover of
      CLSA  -  563 words
    • Article, Illustration
      Lock icon TOKYO
      2535 27 Reuter TOKYO Stocks ended barely changed after across-the-board buying from the "Big Four" brokerages swallowed up morning losses from a flurry of arbitragelinked selling. The buying appeared to be from public tunds. But apart from the buying on weakness, trade was dull, with a batch of cross-trades inflating otherwise
      Reuter; Source: Bridge Info  -  2,535 words
    • Article, Illustration
      Lock icon BANGKOK
      1680 27 Bloomberg Business News BANGKOK Stocks rose yesterday as investors bid up finance stocks after two blue-chip firms reported strong results, analysts said. "Despite the interest rate fears, big finance companies still have the ability to make money," said an analyst. The SET Composite Index rose 11.62 points to 1,477.84.
      Bloomberg Business News; Source: Bridge Info  -  1,680 words
    • Article
      CLOB INTERNATIONAL
      2300 28 MOST ACTIVE vofcflTW MBt Capital *108.000 K.L Industries 5.005.0U0 Hromct 4,180.000 Mrs Hyd 50c 4.107.000 Pcji Msia 3.674.000 KuTim(M) Wt<W 3.372.000 MBf HlOgs 50c 3.041.000 Ind Owgcn W|9J 2.913.000 FACB 50c 2.572.000 Berja>a L W|W 2.561.000 Mulpha Inil 50c 2.284.000 Bcrjaya Ind 1.959.000 Fabcr Group 1.786.000 MOT «CTIW-«*»(»)
      2,300 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rebound as investors cash in on bargains
        5905 28 Bloomberg Business News KUALA LUMPUR Stocks rose as investors bought shares that had fallen in five days of steep declines last week. The relative strength index, or RSI which measures how fast stock prices move up or down was at 23 Thursday
        Bloomberg Business News; Source: Bridge Info  -  5,905 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7928 29 -as Gr Gr M Wl ItM UH Vol Day Lax Qmm Dt> Di» YM Nrt C* A»g liigk Low Company Sale COM) High Law B>)« Sdfci Cw M »l Price INDUSTRIAL AND COMMERCIAL 720* 4I7.S* ml s Acma 50c 520 unch 70 520 510 515 520 8 8 4.7 0.9
        7,928 words
      • Article, Illustration
        Lock icon Buyers return in anticipation of firm FOMC move
        1837 30  -  By R Sivanithy SINGAPORE Some measure of confidence returned to the local stock market yesterday, as investors responded to a growing belief that the outcome of today's Federal Open Market Committee (FOMC) meeting would be a decisive removal of the uncertainty regarding
        Charts by Bridge Info; Source: Bloomberg  -  1,837 words
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      303 19 NEWS VALUE Lower brokerage fees on low-price shares from today (pg I) Could dent broking firms' profits, particularly with turnover having been falling recently. Half of Aussie firms face snags in China (pg I) Likely to induce caution towards so-called "China concept" stocks. 90% of Pidemco's Punggol houses sold in
      303 words
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      184 20 //Hi i KHApS ,I HOURS /M f J?W ONLY PART OF THE if WV^CELEBRATION uf( J s more to just happy hours from 11am to Bpm. fW Whether it's a Hennesy, a Black Label or even a Swing, you'll be wm t&m entitled to a 20% discount that's served up
      184 words
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      218 21 ti h n i The message in the bottle is simply I this: Henry is able to maximise the use of space. Everyone of our layout plans is designed with the future in l mind. Because we believe every company will have to expand. In due time. Suppose your office
      218 words
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      456 22 INFliiline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The SCORPIO Employee Entertainment News 8451 Battle Of Songs... Ghost Story 8452 A Mammy's Story; Win Prizes! Children's Funland 8453 Sun Wukong Meets The Demon King Face Facts 8454 Mouth Dreamland 8455 A Night To Remember; Fandi Ahmad A
      456 words
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      Page 23 Advertisements Column 1
      224 23 BOOM TOWN WhileSingapore'sresidential property marketmay be peaking, Malaysia's Klang Valley is still booming, fuelledbynewmoney,new housing forms and new infrastructure. jFf ALSO IN THIS ISSUE: The remaking of Yeo Hiap Seng Malaysia's hottest property stocks Bargains on Sesdaq Gold: Heading for new high? MRCB goes shopping Mr Mrs/Miss/Ms: Getyourcopyofthismonth'sSingapore Business from
      224 words
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      Page 23 Advertisements Column 2
      131 23 Lunch Hour Negotiation Starts Here. it rf—l I—^ That our spiral staircase is a metaphor for corporate dealings is nothing odd... Start your proposition while your client spins down to an underground haven mitti polished floor. Spill your ideas as he marvels at the mosaic of paintings. Before he picks
      131 words
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      Page 25 Advertisements Column 1
      170 25 We provide shetf companies and incorporation services in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further
      170 words
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      Page 25 Advertisements Column 2
      39 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies St Markets. Everyday.'
      39 words
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      Page 26 Advertisements Column 1
      102 26 B Technicum. the world's first unique self-winding Chronograph Rattrapante with full calendar and power reserve. Every Technicum also undergoes strict examination worthy of the title, "Officially Certified Chronometer\^^^^^Sfcl@fe3M|» Technicum A stunning success that confirms the standard of excellence as achieved by Paul Picot. SOU AOINT THE HOUR GLASS 302 OrChOfd
      102 words
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      124 27 Mondial Shine to Ngee To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For all your internationally certified 1 G.I A, H.R.D and 1.G.1 diamonds, emeralds and other gemstortes. NEW SHOWROOM: Mondurt Ngee Ann City *01-16 TaJuabimaya Shopping Centre, 391
      124 words
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      359 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 5* AND IN THE MATTER OF INTEGRATED PERIPHERAL MANUFACTURING PTE LTD (Incorporated In the Republic of Singapore) (In members' voluntary winding-up) At an Exraordinary General Meeting of Integrated Peripheral Manufacturing Pte Ltd convened and held at 359 Jalan Besar Singapore 0820 on
      359 words
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      Page 30 Advertisements Column 2
      630 30 B U S I N E TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 THE COMPANIES ACT, CAP. 80 SUN MEMO (PRIVATE) LTD (in Members' Vourtary UquidaCon) At an Extraordinary Qanaral Meeting of SUN HENG (PRIVATE) LTD duly convened and held at 9001 Beach Road #07-59, Golden Mile Complex, Singapore 0719 on Monday,
      630 words
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      Page 30 Advertisements Column 3
      287 30 MODERN COTTON/SYNTHETIC SPINNING WEAVING PLANT WITH SUPPORT SERVICES (over 200 lots located in PENANG, MALAYSIA Muing:-! SCHLAFHORSTI3B GKW-P Autoconers (1969); (2)TRUTZSCHLER DK-740 'Exactacards* (16) CROSROL Varga MK-2 Carding Machines; BNSER Frames (4) ZINSER 650 Roving Speed Frames; (I)P.S.L DE -8C Drawing Frame (1978); (1) P-S.L 703 Model CA Comber (1979);
      287 words
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  • Shipping Times
    • Article
      Germanischer Lloyd expects to classify more newbuildings
      316 31  -  By Alec Almazan SINGAPORE Newbuildings classified by Germanischer Lloyd are likely to reach record levels of more than two million gross tonnes in 1994. "Overall, we expect the total tonnage of vessels classified by us in 1994 will reach 22 million gross tonnes,"
      316 words
    • Article
      Thai container makers feel the heat from China rivals
      631 31 BANGKOK Faced with a cut-throat factory-door price of US$l.3O (S$ 1.90) to $2.40 for a 20-foot unit (TEU), Thailand's container manufacturers are in siege mode. According to a report in The Nation last Friday, Marine Container Co (MCC), in which Hongkong
      631 words
    • Article
      Lock icon EU ministers to seek tougher ferry safety rules
      232 31 Reuter BRUSSELS European Union transport ministers will demand tougher safety rules for roll-on, roll-off ferries later this month after more than 900 people died in the sinking of the ferry Estonia. The ministers, who meet on Nov 21, want to force ferry
      Reuter  -  232 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      741 31 Paie Col Accord Group 8 1-3 •Ahlers Lines 13 S Ahrenkiel Liner 4 1/2 •APL 5 4/5 •Appenship 4 4/3 •ANL 3 1/2 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9
      741 words
    • Article, Illustration
      Lock icon Peace process a threat to Suez Canal
      54 31 AFP SUEZ CANAL Cargo ships crossing the Suez Canal last Saturday. The canal, which was opened on Nov 17,1869, after French emperor Napoleon Bonaparte's expedition to Egypt, is under threat from the peace process which is carving a new Middle East and opening
      AFP  -  54 words
    • Article
      Lock icon Hull monitoring systems being developed
      234 31 Reuter LONDON Large ships which carry goods such as iron ore and coal could be made safer by installing products to monitor stresses in ships' hulls caused by loading, unloading or bad weather, Lloyd's Register said last Friday. Lloyd's Register of Shipping, together with Australian
      Reuter  -  234 words
    • Article
      Lock icon Transpacific conferences hope to raise rates next year
      667 31 American Shipper NEW YORK Major transpacific shipping conferences say they are aiming for general rate increases in 1995, and the eastbound conference is considering additional surcharges as well. The conferences the Asia North Eastbound Rate Agreement (Anera) and the Transpacific Westbound Rate
      American Shipper  -  667 words
    • Article
      DAILY FREIGHTS
      1544 32 BULK.CARRIERS were said to be meeting firm conditions worldwide, With a number of charterers of the <t>inion they may continue for a vyhile yet. The charterers opinion was said tb be based on the volume of period (bartering being reported, especially (Sinamaxes. t In addition to the newbuilding
      1,544 words
    • Article
      THE SHIPPING GUIDE
      12925 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
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      SHIPPING AGENTS
      3091 45 A ia.BC Containerline NV: Belsin Shpg *tencies Pte Ltd (SVManne Handling Sin Bhd (PK/PN). ■Ircwd Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Wrb Business C orporation Philippine Shpg A Trdg Pte Lid (S) &renkie< Liner Service Kim Shpg A Trdg (S). Sea-Air Service: Frala Shpg Pie
      3,091 words
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      COURIER SERVICES
      276 45 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Unk International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies 6 Services
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      AIR FORWARDERS
      1507 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aeralink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air
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      PORT CONDITIONS
      2539 46 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Four vessels berthed of which 2 loading soya bean meal pellets, I linex, I byproducts, 1 discharging, 1 vessel in roads, 28 vessels due at 9 terminals during the coming week. Rosario:
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      CRUISE & FERRY SCHEDULES
      928 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Art Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No NOVEMBER 15 15 Delfin Star 1000 2100 Malacca Harpers Shipping 221-1388 15 15 Renaissance I 1000 2000 Cruise to Nowhere Renaissance Cruises 222-3388 15 15 Langkapuri Star 1800 2200 Penang Jardine
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      Lock icon SHIP SALES
      915 46 Simpson Spence Young THE dry bulk market continues to dominate the scene with serious interest for most types, but in particular for the larger sizes, ,00 panamax bulkers again featured with the 1981 built Valdivia being reported sold to Noble in Hong Kong at about U5512.35 million and
      Simpson Spence & Young  -  915 words
    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        575 47 *«wl <0 1 Wo Both Vrwal Pepartot Vtssri Voy No Bwth Arrival Pqartin Jurong Port Setya Piatam 09/94 P04 alongside 1411/1730 Batam 8aH*u 11/03/94 J1 alongside 1511 0300 Sw You 15A/94 P04 alongside 1411/2300 Batam Mali N160 II alongside 15 11/2300 Sokn 07/SW P06 alongside 14 11/2300
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        CONTAINER SCHEDULES
        1369 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From kx Swan IMA 16/1500 U 14/1600 14/1659 14/1900 2A 14/1700 15/0659 15/0900 28 14/1700 15/0659 15/0900 4 15/1200 15/1459 15/1700 Ma
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        COCKETT BUNKER MARKET REPORT
        822 47 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
        822 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        560 47 Carton CafeM Nov 10 Density Water Readue Mi Aknlun Sequent Demty Water Rsadut Ml M M Ex*on a0fl KG/WT3 V/V M/M M/M PPM method KG/M*3 V/V M/M M/M PPM method Eastern USA 180 Aye 983 0.3 13.3 008 14 0.02 BO/Qmac limits Spec E25 991 1.0
        560 words
    • Article, Illustration
      Lock icon Evergreen celebrates a decade round the world
      1289 48 Taiwanese shipping line Evergreen achieved its big breakthrough when it introduced its round-the-world service 10 years ago. And with its recent shipbuilding programme, the company is poised to explore new possibilities International Transport Journal THIS YEAR Evergreen Marine Corporation celebrates the 10th anniversary
      International Transport Journal  -  1,289 words
    • Article, Illustration
      Lock icon Drawing European peoples closer
      727 49 The Eurostar train service linking London with Paris and Brussels is set to launch regular passenger service on Monday Washington Post THE sleek bullet train pulls out of Paris' Gare du Nord and soon attains a cruising speed of 192 km per hour. As the Picardy
      Washington Post  -  727 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Alenia to supply US$ 65m air traffic radar systems to China
        332 50  -  By Alec Almazan SINGAPORE Alenia, the aerospace division of Italian manufacturer Finmeccanica, has won a US$65-million contract (5595.55 million) to supply 15 air-traffic control radar systems to China. Alenia was awarded the contract on Nov 5 by the Civil
        332 words
      • Article, Illustration
        Lock icon The might of Gordon
        49 50 euter t ■1- v r PORT-AU-PRINCE People watching a car that has been washed away by a rain storm on Sunday. The tropical stQI rdon ,s expected to dump heavy rains on Haitian and Cuban refugee camps at Guantanamo Bay Naval Base in Cuba. Renter
        euter  -  49 words
      • Article
        Lock icon Dubai airport plans to increase cargo capacity
        399 50 Reuter DUBAI Dubai's airport plans to increase cargo handling capacity by 40 per cent to 350,000 tonnes within the next two years, said Sultan Saeed bin Nasser A 1 Mansoury, direc-tor-general of the airport's cargo terminal, on Sunday. He said the so-called Cargo
        Reuter  -  399 words
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        Lock icon US Air rebuts New York Times report on lapses
        573 50 Reuter NEW YORK USAir Group Inc defended its safety standards on Sunday after a A r <*H' York Times article alleged that the airline suffered from safety and training lapses. "We operate safely, and we will continue to do so," USAir
        Reuter  -  573 words
      • Article
        Lock icon Earlier incident may shed light on Pittsburgh crash
        301 50 Reuter SEATTLE An incident that forced an emergency landing of a Boeing Co 737-300 in April may shed light on the crash of a similar USAir jet near Pittsburgh that killed 132 people, the Seattle Times reported on Sunday. The Times article
        Reuter  -  301 words
      • LOG BOOK
        • Article
          Air Maldives goes international
          60 50 SINGAPORE Air Maldives, the national airline of the Republic of Maldives, began its first international service last Friday. The service will be operated four times a week on the Male-Du-bai-Male route and twice weekly on the Male-Colombia-Kuala Lumpur-Colombo-Male and Male-Trivandrum-Male routes. The flights will be operated
          60 words
        • Article
          Yacht operator offers island cruises
          91 50 SINGAPORE Local cruise company Adventure Tours is now offering the sailing/cruise yacht Gammafor corporate outings. The yacht can accommodate up to 10 people for a day outing. For overnight trips, a maximum of eight passengers can be lodged in four twin cabins, two of which
          91 words
        • Article, Illustration
          Lock icon Algerian hijackers await their fate
          86 50 Reuter PALMA DE MAJORCA, Spain Three Algerian hijackers armed with a knife and coffee-grinder forced a plane to Majorca on Sunday. They later freed all 42 passengers and crew and gave themselves up to the police. The three men were waiting yesterday to know if
          Reuter  -  86 words
        • Article
          Lock icon Swissair gets top honours in US poll
          86 50 Reuter ZURICH Swissair Schweizerische Luftverkehr AG said it had been voted the best airline in the world by 34,000 respondents to a reader poll conducted by New York-based travel magazine Conde Mast Traveller A Swissair statement said Conde Nast Travellers a circulation of
          Reuter  -  86 words
        • Article
          Lock icon Thais criticise Burma's fishing practices
          62 50 AFP BANGKOK Thailand's national fishing authority has criticised Burma for allegedly ignoring bilateral fishing agreements and endangering Thai vessels in Burmese waters, a daily reported on Sunday. Fisheries Department chief Plodprasob Suraswadi said Thai trawlers were left unprotected in Burmese waters, adding that Rangoon should
          AFP  -  62 words
        • Article
          Lock icon Arianespace gets 12th contract for '94
          90 50 AP KUALA LUMPUR, Malaysia Arianespace, the market leader in satellite launch services, has secured its 12th contract for tfcs year following an order from the International Maritime Satellite Organisation (Inmarsat). Arianespace, which won the contract <0 launch Malaysia's Measat-1 satellite next year, last Friday
          AP  -  90 words
        • Article
          Lock icon Nissan to launch new type 4WD car
          63 50 Bernama-Kyodo TOKYO Nissan Motor Co yesterday said it would launch a new four-wheel-drive sports utility vehicle next month, the first of its kind in the company's product line-up. The Tokyo-based major car maker said the 1,500 cc car, Rasheen, was shown at the
          Bernama-Kyodo  -  63 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1420 50 ag nm era nm OL MM MMM GAS92 0255 GA822 1935 GA974 2350 QF82 2050 nwilwiMl GA893 1510 GA892 02S5 KL837 1540 KL838 2335 SQ026 2355 0Om* SQ348 2250 Auckland NZ73 1425 SQ288 2045 SQ286 2035 NZ74 2235 Mwlw Gf 148 0905 B Urt Btimn BI421
        1,420 words
      • Article
        Lock icon US may ban Concorde flights from UK: report
        161 50 Reuter LONDON Supersonic Concorde flights to the US from Britain could be banned from January because British Airways pic has failed to fit required safety equipment which the airline says does not work properly. The Sunday Times said the US Federal Aviation
        Reuter  -  161 words
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      44 31 (WESmUAA SEPARATOR J Always on Course FOR SERVICE AND SPARE PARTS SUPPLY, PLEASE CALL ®o@oo©o@ Evergreen celebrates a decade round the world, Page 18 Channel Tunnel train service set to begin, Page 19 Alenia to supply air traffic radar systems to China, Back Page
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      31 31 Lines and service* represented by Members ol the Registry of AccredHed Shipping Agents, Singapore National vMkfKjy fikUuyM A I I^/ snipping aiioc«iwi v®jx For advertising enquiries, contact Sftfttfng Times. Tel 740-2089/740-2090
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      59 31 REGIONAL ANALYSIS Every Wednesday in Business Times pi MM M \f/\ Reliable Efficient IjTl Experienced lj/1 Professional Then engage one who is a member of the Singapore Freight Forwarders Association (SFFA). SFFA demands that all its members comply with the Association's stringent criteria. SINGAPORE FREIGHT FORWARDERS ASSOCIATION 51 Thomson Road,
      59 words
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      1903 32 IMPORT.... iMPORT.... I WORTH AMERICA I I OTHER DESTINATIONS I HOPTH AMERICA 1 M»CTC*U.TO»nTC<IMT t «cn 1 I WWI.»««TC<U»TI j *sm nr_ sim la oak vat sea om Houston cwc nt unco an vessel stcm bmmb mp —t«o die iammo santos «"»wuw paramcm |t; vessei/vot M l« ameus ow.ua nwcaw
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      1911 33 fW*L t&\ PTE LTD j a RHINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHD. i H 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 JAYA tfi* 7776 CFS *****42 CR NUMBER: *****«*****C TEL- *****3/4 FAX *****6 DOCUMENTATION TEL: *****55 (INWARD>/*****90 (OUTWARO) »OH FAX *****6 customer service m: SS,*£!hru ;it om"
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      1633 33 mumssaEsm AZERBAIJAN/TURKMENISTAN/ UZBEKISTAN/KAZAKHSTAN VIA BANDAR ABBAS TOBIAS MAERSK V.9425 ETA SIN 18TH NOVEMBER 1994 Voy ETA ero DESTINATIONS Nail «Mt MATHLDE MAERSK V 5602 cv a/*****0 hrs CFS 21/11 23M MRS OAK LOB SFO MEM ATL MU CHS BAL PHL NYC TOR MATHH.DE MAERSK 8502 22/11 2J/11 10/12 12/12 11/12
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      1404 34 RDAM [1 SOUTH- PORT KOa VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANO S PORE HHP KAO TYO 2™ £12! KATSURAGI 23/243 25/ 10 27/10 29/10 17/11 18/11 24/11 26/11 29/11 30/11 KITANO 27/443 29/10 31/10 2/11 29/10 24/11 28/11 ELBE ***** 5/11 7/11 9/11 3/11 27/11 30/11 2/12 5/12 Sill
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      484 34 IS'poce P.Kelang Loading for WORLD ARGONAUT IN PT 16/11 Rdm/Atw/UK/Nantes I BALA BAN 1 20/11 25/11 Rdm/Atw/UK/Nantes 'Loads E./W. Malaysia. Indonesia I I Loading for PAN RISER Oubai/Bahraln/Oamman/Kuwait I SADANK ALKAVAN Jeddah/Aqaba 'Loads Singapore. E./W. Malaysia. Indonesia I Loading for STAR MAN Los Angeles/New Orleans/ I Charleston/Norfolk/Camden I PAN QUEEN
      484 words
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      1151 34 NOR ASIA II NOR ASM KKL 9445-3 17/11 06/12 09/12 10/12 10/12 11/12 12/12 13/12 IS/12 15Q2 I SI PMDC 446N 29/11 >9/12 16/12 19/12 19/12 20/12 21/12 22/12 24/12 24/12 I NOB ASIA HONGKONG 9447-3 01/12 20/12 23/12 24/12 24/12 25/12 26/12 27/12 29/12 29/12 I SI ENDEAVOUR 44SW
      1,151 words
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      1164 35 M STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 020S Tot: *****80 Fax: *****17 CAKGO S OW SAAS mmm STRAITS PKDC *231 Muara. lab kl Tori 15 No« FCL. LCI CONTAINS* ANO BMAKBULK ttftVKt TO PA«M mw OUMCA C J NAGA 111-30 VOIE Muara. lab. KH
      1,164 words
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      3288 35 W TIO T Singapore Agent: Mgyif 1 I 6% f P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road. #07-01 Keppel Towers. Singapore 0208 First Class Connections WORLDWIDE {J**** 4 PNOCSP K 225 27 *****,7 VESSEL VOY 'P*a "PKO SIN sou ANT HOT HAM OOT BRE LIU VESSEL VOY
      3,288 words
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      568 36 EKA JAYA AGENCIES >3l|r TEL: *****22 (S LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE I EAO«l> I HANDPHONE/tXMCT MKMRT MM _M—|i mMM/WHH KILVICNAW a— MUTWJTWiMi I MA> QJ »«M mummwi WITH To: HONQ KONQ. SHANGHAI, XINQANQ Q QINOOAO IS|R/ o<c» StfUUM V m 1 SMRE 21 Nw >K ttttn w
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      1068 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSL SIN IM HAUL SEA TVR fO* FOR ¥Sl SW INI H*m SAY IN NYC HMIM LEHAVRE 02K 17/11 WRECT 1/12 9/12 10/12 ««<JJN KSL'ISc 2{H 2/I2 HANJIN KAOHSAING 02K 24/11 DMCT 15/12 16/12 17/12
      1,068 words
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      109 36 CHAHAYA SHIPPING A TRADING CO. PTC LTD Trt: *****13 (6 Lin«t) Fax: *****68 Tlx: RS ***** VIETNAM. BANGKOK. INDONESIA CONVENTIONAL SERVICES VESSEL EM ETD DESTINATION SAN WM.E 25/11 M/U IAKARTA/SEMARANG CHAHAYA SEIATI M/U 20/11 SURABAYA WAIC OUA 20/11 21/11 SEMARANG NORTH STAR 22/11 24/11 BANGKOK MACA M 25/11 27/11 BANGKOK
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      1383 36 fl 1 L 1 hh k L A m I Iru sgp kg mg rig pus m is w sm no i« as w rtclhv urn rm nr «c r» cm m w B* E GINUS IE 054 IS/11 20/11 tt/ll 24/11 21/11 27/11 29/11 30/11 1/12 2/12 14/12 2t/12
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      2546 37 GULF H WEEKLY fijiwinr FRID& j| llmmiri t o—rW 55* T* £SZ2!!?'5f«SO4l/»44 4205*02 Optmtimm 4705/13 COST Alt SHIPPING PTE LTD c£4i7* 420**50 m c ?SlSho r, r «™T,7o 4, 574 XSVcZt" 0000 Fax^Ssittb Shmumm 0100 GST NO- M2-*****05-X COS TAR AO CHCIIS (M) SOU OHO. ffc 07-*****<4/1< 7 fir 17
      2,546 words
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      794 37 A MULTILINE SHIPPING PTE LTD Vv (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****2S T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL: 03-*****58
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      1226 38 44 AS AGENTS: "V" LINE (SINGAPORE) PTE LTD NO: **********0N/GST REG MO: M2-*****99-C) TEL. *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 V MALAYSIA T' LINE MARITIME (MALAYSIA) SON IHD I TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I INDONESIA P.T. SAJtANA LAUT MTUNUSA. TEL: JKT *****08 T
      1,226 words
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      864 38 79 AN3ON ROAD, #21-01, SINGAPORE 0207 TELE: *****02 FAX: *****57 CR **********0^ rrwAiTs shuttle srovtce PORT KLANG PENAWG ftssa vot sw pkl vtssc. vot aw pew VIGOUR SWGAttWE ***** 17/11 (THU) 18/11 (FW) SEA LAUREL 33*1 23/U (WED) 25/11(01). BAUH—A ****** 1«/11 (FIB) 20/11 (SUN) MCC CONVEYOR 4M7 25/11 (FN)
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      248 38 GOLDEN LINE A IL/GOV GUAN GUAM SMPPMG Tss<\ (PTE) LTD V 23, 1M kym StrMt SMUNK tIM TO. UUW (It UKS) fee U***** (a m. III»ssmm» gUffIMBBIi mng S port P. Keitnt Penang COLON HARVEST Karacta/OiitM/Kuwat 26/22 Hot GOLDEN GRACE Karachi Dubai Kuwait 4/4 Ok onwA inTici J GOLDEN WOBEA
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      948 39 asssafiM pacific international lines (pte) ltd 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I SSSSSSSS Kl Kimtt CR NO: **********06 9 ■■■■■B^fvvfTV'ip^TVXyiHfSVTIVXnETTnTTVrTinTSSHHHH j'j|lil/Jj\ 3IKI 3118 I V VESSEL VOY SIN CMS JIB HOO JED AOJ PZU MBW ASA AOE I KOTA SERKAT BKTI7P 17/11 23/11 30/11 1/12 3/12 5/12
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      909 39 «SSUS WOT SM I LE HAVRt HAMBURG I HUES ROITIROAM ANTWUP W.U M IUCWt* Uo4* 15/11 07/12 01/12 10/12 11/12 13/12 VILE K IMA LOCK 21/11 11/12 14/12 U/12 17/12 U/12 WUE Dt CAMNA COCK 25/11 21/12 22/12 24/12 25/12 27/12 wm oc soon* sotw 21/12 25/12 n/12 01/01 01/01
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      613 39 BSfl ik. MYANMA m, FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdg PWYA VI36W 13/15 No. 17/18 Nov HTA AN V2O6W 20/22 No» PAGAN V2ISW 15/17 No* MALAYSIA AGENTS BOUSTEAD SHTPMG AGENCCS KUL TEL 02-01 *****00 PHI: TEL 02-03 3(8(7(7 PEN TEI 02 04
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      1405 42 |SxQ|||JDOTiVHI Si l#y Vl^H^EwngH^wyKi I VRQM EUROPE «Su I rm. Ikm I Mon««i |mn| ieh rtm ham hh m m na stw me nam «o« isHMiul wo re |«i «hh it ii 2404 15.11 03.12 04.12 0512 07.12 0.12 W* _±H _*IL _JiiL _?!iL_?liL -JUL _J?i! -L- on lUCM4* «K«
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      1057 42 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND Wl PtN tOH SM MUG RAO TAI *EE Yo> THY *»G KOB o s M l _Es_ MCOSIA/No3b 14/11 lb/11 17/11 IS 11/11 23'11 24/11 26/11 2//11 MAN HAI ?06 NO4O ITTIi 18/11 19/U 20 21,11 2b,11 ?6 II 28/11 29/11 04/1? (ft/1? 06/1? MAN
      1,057 words
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      342 43 /jg FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 21/TI ROTTERDAM 21/11 AARHUS/COPENHAGEN 21/11 HAMBURG/BREMEN 21/TI MARSEHLE/FRANCE 16/11 FELIXSTOWE/UK 2VII BARCELONA/SPAIN 18/TI LEHAVRE/FRANCE 15/11 GENOA/ITALY 19/TI ANTWERP/BELGIUM 21/TI LOS ANGELES/WC/H 12/TI SYDNEY/MELBOURNE 17/11 NEW YORK/EC 12/11 FREMANTLE/ADELAIDE 17/TI VANCOUVER 16/TI BRISBANE 16/11 TORONTO/MONTREAL
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      864 43 I J!I I VESSEL VOY SWT PEN Bf 1 WA A 2548 Wod_ It/11 Sal I*/11 THAN A BHUM 85N Tim lln PI Thu 117/11 MS VESSEL VOY SIN BKK IBRA BHUM 758 Fri It/11 W»d 23/11 DCJA BHUM 4tts Fri~~ It/11 W It/11 l^fl YAN TWA BHUM WN Tu>
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      201 43 Gusrmnt—d Sailings to:|BANGKOK/IA£M CHABANG/LAOSj 19/11 (SAT), 22/11 (TUC) PORT mm/KMK 17/11 (THU). 11/11 (FIB) HONG KONG 11/11 (HE), 22/11 (F*f) JAKARTA 19/11 (SAT) MANLA/CEBU/SUBC BAT 21/11 (MON) HO CH MNI 11/11 (FW) SURABAYA 29/11 (SUN) BUSAN 21/11 (MON) MADRAS 17/11 (THU). 22/11 (Tit) 1 Tj? PONCNAMA LINE nasi cuss) w
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      576 43 m RICHFIELD MARINE AGENCIES (S) PTE LTD FW TEL: *****33 (12 Lines) OSL FAX: *****15/*****03 lm TELEX: R8 ***** RISHIP (3 Lines) CR NO.: **********0E ACCEPTMQ FCL AND CONVENTIONAL VMM* I Voy Loading For Abbay Won 41 we 17/11 Mombasa. Djibouti Aiiae Massawa Andinet I 37W8 15/01 Mombasa. Djibouti J
      576 words
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      268 44 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 15/11 16/11 17/11 HKG/BKK/KEE/KHH Genoa/Barcetona/Marse«es 21/11 22/11 23/11 18/11 19/11 20/11 HKG/BKK/KEE/KHH Gburg/C'hagen/S'hokn/Oslo 13/11 14/ 5/ 22/.1 23/,■ 24/.. HK6/BKK/KEE/KHH Hwrh/Btm/tnt/Ham/1 rii n'/W SHANGHAI/DALIAN I JPN/KOREA/MANILA I XWMEN/BEIIIHG u na ;P hli 16/11 17/11 18/11 /..rui -ir»i mn Tofro/Kobe/Oja/Yoko
      268 words
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      273 44 SEAWARD SHIPPING AND I i TRADING CO (S) PTE LTD lift CIA ll* SK*l POD! KELANG PINING Bill MIX 20/11 11/11 LoadNtt tof Mai* DIMM HUDHU 28/11 loading lot Dub* DOtftW 12/11 In Po«l loading For Male PWCER suraw 30/11 loading Fot Male UMMEDH 16/11 loading Fot Malt PKOGJttSS IK*lt
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      Page 44 Advertisements Column 3
      458 44 f THONG SOON LINES PTE LTD 1 I 7 SHENTON WAY #10-01, SINGAPORE 0207 I I \rJ TEL: 227-508S FAX: 227-6011 I I TLX: RS ***** CARRO CABLE: TOSOCO I I 4 rmmmm moom oc—riat I eiuAin/vne TA cadauiav SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL VOT I
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  • Page 46 Advertisements
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      434 49 ▲HYUNDAI MEBCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [mi [~nci pgd vessels nor svi rtm ant leT~| hmi brej fe WU ii/TI is/IT si mmmer SDw" 21/11 09/12 11/12 10/12 11/12 11/12 13/12 23/11 25/11 26/11 H. MNOVATOR 312V) 28/11 16/12 11/12 17/12 11/12 11/12 20/12 30/11 02/11
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      Page 49 Advertisements Column 2
      345 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO 4 HEAVY LIFTS MBOMIID VESSELS VESSEL MTV II KUC U MM «T COOK IMS Til U/ll MMU IMUTM 2 11/11 21/11 OHENT UU 3 21/11 22/11 OCEAN Mil 7 24/11 25/11 21/11 UNSOM PRACE 11 21/11 EASTERN PtMB. 21/11 U/ll SOMBAI 29/11 OUTBOUND
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      Page 49 Advertisements Column 3
      671 49 VESSEL VOY |SiIETA/P 1 LAI I OAK CH I PAL IICA/COI|HOU |HTC INOR ""I HEMY HUDSON BRPGE 70A 17/11 /11/ll 04/12 OS/12 07/12 00/12 01/12 00/12 OS/12 1»/12 ALLIGATOR WCTORY 57A 24/11/25/11 11/12 13/12 14/12 15/12 15/12 10/12 10/12 17/12 MACKIAC BRPGE 01A 01/12 /02/12 10/12 20/12 21/12 22/12 22/12
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      305 49 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0400 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1.9 1.5 1.2 1.0 1.0 1.1 1.5 2.0 2.4 2.7 2.7 2.5 2.1 1.6 1.2 0.9 OS 0.1 1.0 1.3
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