The Business Times, 17 November 1994

Microfilm: NL19734
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 ursday November 17 1994 75 c
    14 words
  • 2am LATEST
    • Article
      Lock icon 7,000 Names form Lloyd's action group
      40 1 AFP LONDON Some 7,000 investors in the Lloyd's of London insurance market, or Names, formed an action group yesterday to obtain compensation for losses of about £1 billion (552.3 billion), the Names said. AFP
      AFP  -  40 words
    • Article
      Lock icon National Gypsum gets US$940m buyout offer
      48 1 Reuter CHARLOTTE, North Carolina National Gypsum Co said yesterday it received a US$94O million (S$ 1.38 billion) buyout offer from Delcor Inc, sending the building products maker's stock soaring. Delcor is a wholly owned subsidiary of privately held Golden Eagle Industries. Reuter
      Reuter  -  48 words
  • Article
    MARKET SUMMARY
    164 1 Slock Market indices Wednesday Change ST1I 2,346.5 +5.32 KLSEComp 1,063.15. -6.59 Nikkei 19,306.66 -85.02 Hang Seng 9,592.24 +26.58 SET Index 1,489.15 -7.70 Jakarta Comp 513.96 +0.60 CLSA China B ....1,101.84 -4.12 Aust All Ord 1,940.3 -1.1 FTSE 100 3,146.5 +11.1 Wednesday Previous 1pm EST close Dow Jones 3,831.41
    164 words
  • Article
    UOB raises prime, others set to follow
    353 1  -  By Shiv Taneja SINGAPORE United Overseas Bank yesterday lifted its prime lending rate by half a percentage point to 6.25 per cent on the back of higher local interbank rates. The rise came as no surprise and analysts expect the other big banks
    353 words
  • Article, Illustration
    Lock icon Fed's big rate hike makes Dec rise unlikely: analysts
    495 1  -  From Leon Hadar in WASHINGTON THE decision by the US Federal Reserve to raise shortterm interest rates by a larger-than-expected 0.75 percentage point, makes it unlikely that it will boost rates again at its next meeting on Dec 20. Analysts who
    Bloomberg Business News  -  495 words
  • Article
    Mixed market response in Asia
    212 1  -  By R Sivanithy SINGAPORE The region s stock markets yesterday gave mixed reactions to the US Federal Reserve's decision to raise its short-term interest rates by 75 basis points. In Singapore, trading in local stocks was subdued, as analysts said the higher US rates could
    212 words
  • Article
    Ting in proposed deal to take over Granite from Samsuddin
    456 1  -  From Ho Kay Tat in KUALA LUMPUR SPECULATIVE favourite Granite Industries Bhd proposed yesterday a M 5654 million (Ss3Bo million) shareswap deal that will result in Sarawak tycoon Ting Pek Khiing taking control of the company from Samsuddin Abu Hassan.
    456 words
  • Article
    S'pore opts for 2010 free trade deadline, says PM Goh
    293 1  -  From Yang Razali Kassim in JAKARTA JAKARTA Singapore has chosen 2010 as the deadline by which it will achieve "free and open trade and investment" as committed under the Bogor Declaration. It will also start initiating the process next year,
    293 words
  • Article, Illustration
    Lock icon COE prices fall for all car categories except luxury
    392 1  -  By Ramesh Divyanathan SINGAPORE The Certificate of Entitlement (COE) express, which was fast becoming a runaway train, has finally slowed down. For the first time since April, the cost of a COE in four out of five car categories fell the
    Compiled by BT  -  392 words
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      194 1 CERRUTIIBBI SWISS WATCHES Time is on my side DYNASTY WATCH PTE LTD. Tel 733 2765 Spore News 2 SporeJaT .....21,22 Regional News 3-6 Financial 26,27 Work) News 8 Features Wirtwts Analysis 19 Oob/KLSt, S£S 3032 Editorial 18 Regtooal 28.29 Sports 11 World 28 TV/Lifestyle 13 Currencies .26 Law| 17 Sunex/Commo
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      21 1 Innovation: Pg is S'pore transport firms go hi-tech Singaporean Oei Hong Leong appointed chairman of HK's Ming Pao Enterprise, Pg 20
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      15 1 More market reactions, Pg 10 US CPI sees smallest rise in 6 months, Pg 20
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      19 1 Hock Lock Siew: pg 21 ft-CEIVED Li 17 NO/ What's up for KL securities "watchdog<■*. Regional markets, Pg 28-32
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      68 1 wmtom Line: Pg 20 cGJouds over Europe x>^P^3 FUJI® TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone *****33 Kuala Lumpur: Phone, 757 0233 Penang: Phone; 615 985/619 014 Jakarta: Phone. *****9/*****8 New windows of opportunity for business, Pg 3 r% v Delicate Hong Kong Dian Xin Dian Xin selections, and
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon August visitor arrivals a record
        330 2  -  By Ven Sreenivasan VISITOR ARRIVALS to Singapore rose 9.1 per cent to hit a record 664,393 in August, figures from the Singapore Tourist Promotion Board show. It's the third time this year the 600,000 mark was breached the previous occasions were July and March. The
        Source: STPB  -  330 words
    • Article, Illustration
      Jurong Shipyard case adjourned to Dec
      218 2 JURONG Shipyard was charged yesterday under the Factories Act for failing to take all necessary precautions that would have prevented a fire which claimed 10 lives earlier this year. The incident happened on Feb 8 aboard the vessel British Adventure, which was being repaired
      218 words
    • Article, Illustration
      Lock icon More private housing units in the works
      355 2  -  Potential supply of new units hit record 71,524 at end-September: URA By A J Leow THE potential supply of new private housing units in Singapore at the end of September was 71,524 the highest number ever. Releasing the figure yesterday, the Urban Redevelopment
      Source: URA  -  355 words
    • Article
      Telecommunication authority frees access to more satellite technology
      311 2  -  By Genevieve Cua THE Telecommunication Authority of Singapore is liberalising another aspect of satellite technology, soon opening up two other areas to the private sector. The latest move involves the Differential Global Positioning System or DGPS, which is vital to companies that
      311 words
    • Article
      Hotel Phoenix hopes award will mean new guests
      231 2 ARMED with a new ISO ***** certificate, independent operator Hotel Phoenix is eyeing American and European corporate guests, traditionally the mainstay of big chains. Phoenix would increase the commercial proportion of its market mix from 40 per cent to 55 per cent
      231 words
    • Article
      Panel lists measures to prevent phone breakdown
      305 2 THE nationwide telephone breakdown last month was caused by the running of a computer software program aimed ironically at studying the problem of phone congestion. A panel of inquiry set up to probe the breakdown says in an interim report to Communications Minister
      305 words
    • Article
      Dissatisfied buyers of Suzhou apartments to take legal action
      448 2  -  By Schutz Lee TWENTY-FIVE buyere of the Suzhou Regent on the Park residential project in China are taking legal action against the local agent and the Hongkong developer for alleged misrepresentation and deceit. Thomas Yap, of the Singapore Suzhou Regent on
      448 words
    • Article
      Madras industrial park seeks investors
      348 2 OFFICIALS from the Indian state of Tamilnadu are inviting equity participation from Singapore investors in the 800acre Madras Industrial Park (MIP), which has replaced the now mothballed Madras-Singa-pore corridor. Describing the potential attractions of the MIP in a presentation at the Singapore Manufacturers' Association yesterday,
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      265 2 MEET ALL YOUR SOURCING NEEDS AT ntßfl REFINING. INC PETBOCHEM ASIA 94 The 2nd Asian International Refining, LNG Petrochemical g-C&f Technology Exhibition Conference 6-9 December 1994 World Trade Centre Singapore H Refining, LNG PetrochemAsia94 (RLPA94) returns in December to meet the industry's rising demand for the latest equipment and technology
      265 words
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      12 2 To advertise your Appointments or Notices, cal toEfiee 1-800-741-1883 Th« Btr«iU Tim««
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  • APEC '94
    • Article, Illustration
      Lock icon New windows of opportunity for business
      992 3  -  INSIDE Apec By Yang Razali Kassim in Jakarta JAKARTA A day after Tuesday's historic summit of 18 Asia Pacific leaders in Bogor, an American entrepreneur doing business with Indonesia was said to have decided to double his workforce from 25 to 50. This he
      Reuter  -  992 words
    • Apec BULLETIN BOARD
      • Article
        Lock icon EU welcomes Apec 2020 move
        53 3 AFP BRUSSELS The European Union on Tuesday welcomed the Apec decision to create a free trade zone no later than 2020. Sir Leon Brittan, the commission member with responsibilities for external economic relations, said he was encouraged by the confirmation given during the Apec meeting
        AFP  -  53 words
      • Article
        Lock icon Australia has fewer barriers
        54 3 Reuter CANBERRA Australia will probably need to pull down fewer trade barriers than any other country aiming for free trade in the Asia-Pacific region, Finance Minister Kim Beazley said yesterday. "Australia is already a long way down the path of free trade, having already eliminated quotas,"
        Reuter  -  54 words
      • Article
        Lock icon Mahathir against an exclusive club
        55 3 Bernama JAKARTA Malaysia is against the Apec becoming an exclusive club of rich countries or selected developing countries, Prime Minister Mahathir Mohamad said yesterday. All countries within the Pacific Rim, South Seas islands and others geographically eligible, including Vietnam, should come on board Apec, he
        Bernama  -  55 words
      • Article
        Lock icon Seoul mediated, says Ramos
        98 3 AFP JAKARTA Philippine President Fidel Ramos said yesterday that Malaysia agreed to back the Apec declaration following the intervention of South Korea. "There was some discussion, in fact quite a bit of it, on the two-tiered timetable," he told a news conference. "It was the debates
        AFP  -  98 words
      • Article
        Lock icon Osaka summit headaches
        78 3 Reuter TOKYO Japan could face as many headaches as rewards when nations from the booming Asia-Pacific region gather in Osaka next year to flesh out an ambitious accord on toppling trade barriers within a quarter-century. Analysts and Japanese media were sceptical about turning the broad commitment reached
        Reuter  -  78 words
      • Article
        Lock icon Chile has big plans
        87 3 Reuter JAKARTA Chile served notice this past week it planned to be a power in the rich Asia-Pacific trading zone, rolling into town to join the group with a crisp roadshow and a large team of businessmen. The high profile of the "new kid on the
        Reuter  -  87 words
      • Article
        Lock icon Backing for Jiang's proposals
        54 3 AFP HONGKONG Many A pec members expressed support for proposals by President Jiang Zemin at the two-day informal summit in Indonesia, the official Chinese news agency Xinhua said yesterday. Mr Jiang's proposals included mutual respect, cooperation, and achieving common prosperity, Xinhua quoted the official People's Daily
        AFP  -  54 words
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      115 3 The new Volvo 960 offers that rare combination superb comfort and eye opening performance With a new top of the range Volvo is a real delight to the eye And it's a delight to drive too. with a choice of two great engines sophisticated suspension system that Autocar calls 'wonderfully
      115 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon US, Indon firms sign US$40b deals
      494 4  -  Exxon-Pertamina agreement accounts for big chunk of pacts sealed during Clinton's visit Reports by Leslie Lopez in JAKARTA US BUSINESS groups, under the keen eye of Commerce Secretary Ronald Brown, signed agreements worth nearly US$4O billion (5558.8 billion) with Indonesian concerns yesterday. The signing
      Reuter  -  494 words
    • Article
      Indon group in US$475m Philippine road project
      160 4 JAKARTA An Indonesian consortium yesterday signed a memorandum of understanding with the state-owned Philippine National Construction Company to build a US$475 million (Ss69B million) toll road project in the Philippines. The signing of the MOU, witnessed by President Fidel Ramos in Jakarta, is
      160 words
    • Article
      McDonnell to shift regional HQ from S'pore to KL
      412 4  -  From Ho Kay Tat in KUALA LUMPUR US aircraft maker McDonnell Douglas Corp will relocate its South-east Asia head office to Kuala Lumpur from Singapore at the end of this year, its chairman John McDonnell said yesterday. The company felt Malaysia
      412 words
    • Article
      Thai govt seeks Kuwait investment in southern oil refinery
      401 4  -  From Loh Hui Yin in BANGKOK PRIMING itself to be an oil refining centre, Thailand has once again asked oil-rich Kuwait to invest in a new bil-lion-dollar refinery being planned near the Gulf of Thailand. But Thailand's minister in charge of
      401 words
    • Article
      Lock icon Lim Kit Siang sues Gerakan chief
      105 4 Bernama KUALA LUMPUR DAP secretary-general Lim Kit Siang yesterday sued Gerakan president Dr Lim Keng Yaik and two others for damages for alleged libel and slander. Dr Lim had alleged that the DAP Education Fund had approved a scholarship for Mr Lim's son but
      Bernama  -  105 words
    • Article
      Lock icon Manila urged to keep tax incentives
      87 4 AFP MANILA The Philippines will lose its competitive edge in South-east Asia if the government insists on removing duty-free incentives on capital equipment imports, a business group warned yesterday. Extension of the incentives for capital equipment investment is "highly imperative and essential" if the
      AFP  -  87 words
    • Article
      Lock icon KL seeks Islam bank's aid
      78 4 Bernama KUALA LUMPUR Malaysia hopes the Islamic Development Bank (IDB) will be able to finance several projects to be implemented under the Seventh Malaysia Plan, preparations for which will commence next year. Deputy Finance Minister Senator Mustapa Mohamed said yesterday. Addressing the 19th annual meeting
      Bernama  -  78 words
    • Article
      Lock icon Hanoi gets Canadian MFN
      59 4 Reuter HANOI Canada yesterday agreed to give Vietnam most-fa-voured nation (MFN) trading status, doubled its textile export quotas and signed over a new chunk of aid. Prime Minister Jean Chretien witnessed the signing of the three agreements after talks with his Vietnamese counterpart Vo Van Kiet
      Reuter  -  59 words
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      142 4 Because —I Our Worldwide Express Delivery System Runs With Such Precision, We Guarantee It Like A Fine Swiss Watch. mm m V 9 M jfiCl v £sBKL J;v =9 HBHVf^iMi^^^H HBSii I Introducing the Worldwide Express Guarantee, from UPS. On time, or your money back.* On time. Every time. To
      142 words
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  • CHINA/HONGKONG /TAIWAN
    • Article
      Lock icon Beijing approves US$1.2b Guangdong power project
      385 5 NYT BEIJING In a major decision to clear the backlog of pending power generation projects in China, top Communist Party authorities have approved a US$l.2 billion (SSI.B billion) power plant in Guangdong province. The partners in the deal, which was signed on Monday, include
      NYT  -  385 words
    • Article
      Lock icon China sees control of inflation as major task in 4th quarter
      302 5 AP Bloomberg Business News BEIJING Controlling inflation will be a major task for China in the fourth quarter, the government said in a forecast published yesterday. The forecast said the retail price index is expected to be 120.3 in
      AP; Bloomberg Business News  -  302 words
    • Article
      Lock icon Reforms working well in 18 pioneer Chinese cities: report
      212 5 AP BEIJING Eighteen Chinese cities that have been chosen to pioneer comprehensive economic reforms have made headway in establishing property rights, social security systems and in developing market economies, it was reported. The State Commission for Restructuring the Economic System said
      AP  -  212 words
    • Article, Illustration
      Lock icon Christmas unleashed
      39 5 AFP HONGKONG It would seem as if these Hongkong workmen on Tuesday were freeing an angel imprisoned by scaffolding outside the Bank of China Tower. In fact, the men were assembling decorations in preparation for Christmas. AFP
      AFP  -  39 words
    • CHINA WATCH
      • Article
        Lock icon Taipei critics list more border blunders
        65 5 Reuter TAIPEI One day after Taiwan's accidental shelling of its rival China, critics pointed yesterday to other embarrassing incidents along its front line with the mainland. A top parliamentary legislator said he would call for a thorough review of military operations on Taiwan's frontier
        Reuter  -  65 words
      • Article
        Lock icon Taiwan may let officials visit China
        98 5 AFP TAIPEI Taiwan might revise its law to allow government officials to visit China on special occasions, following its granting special permission for a cabinet minister to visit his ailing brother in Beijing, officials said yesterday. "The Mainland Affairs Council (MAC) is considering amending
        AFP  -  98 words
      • Article
        Lock icon Cornell U tribute for Lee Teng-hui
        58 5 NYT ITHACA, New York Cornell University has named an endowed professorship in honour of Taiwan's President Lee Tenghui who is a Cornell PhD alumnus. The Lee Teng-hui Professorship of World Affairs was made possible by a US$2.5 million (553.7 million) endowment gift provided anonymously
        NYT  -  58 words
      • Article
        Lock icon Aussie Chinese denies Beijing charges
        93 5 AFP BEIJING Australian businessman James Peng denied two charges of corruption and embezzlement as his trial opened yesterday in the southern Chinese city of Shenzhen more than one year after he was first detained. China-born Mr Peng is charged with misappropriating in 1989 part of
        AFP  -  93 words
    • Article
      Lock icon China keeps an eye on HK satellite TV networks
      192 5 AFP HONGKONG China is keeping a close watch over the growing number of Chineselanguage satellite television broadcasting networks being set up in Hongkong for fear they are being used as a political frontline, sources say. "The phenomenon is worrisome, because many
      AFP  -  192 words
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      255 5 Long recognised as the exclusive offers unequalled advantages. T I 1 it may come as a surprise, but a motor car manufacturm Rolls-Royce isn't for those with money. Omdhntm a Rolls-Royce is unquestionably the a Rolls-Royce projects a presence and It S IOI* tIIOSO WilO to OHJOy it. most prestigious
      255 words
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  • REST OF ASIA
    • ASIA NOTES
      • Article
        Lock icon Japan industrial output falls 1.3%
        118 6 AFP TOKYO Japan's industrial production in September fell a revised 1.3 per cent from the previous month, against a prelimi--tnary 1.5 per cent decline, the International Trade and Industry Ministry said yesterday. The September output, as measured by its index of mining and manufacturing, rose
        AFP  -  118 words
      • Article
        Lock icon New party in New Zealand
        84 6 Reuter I-tWELLINGTON Independent member of parliament Peter >;Dunne yesterday made a play for the crowded middle ground of New Zealand politics, announcing the formation of a new party called Future New Zealand. "Future New Zealand will advocate common sense, mainstream policies," he told a news
        Reuter  -  84 words
      • Article
        Lock icon Australia's boundary doubles in size
        109 6 AP Australia has suddenly doubled its size. From »*-the Antarctic territories and islands, the remote Christmas and 1-Xocos Island groups in the Indian Ocean, and Norfolk and Howe Islands in the Pacific to the Southern Ocean v;icoast!ine, Australia's legal boundary now extends 200 nautical J-*miles
        AP  -  109 words
    • Article
      Lock icon US experts visited nuclear complex, says N Korea
      210 6 AP US experts have '1* visited North Korea's main nuZ' clear complex for the first time T«ever, according to an official ># North Korean report. The North's official Korea News Agency said on '♦-Tuesday a five-member US >1 delegation visited the complex
      AP  -  210 words
    • Article
      Lock icon Keidanren to submit list of 400 items to Tokyo for deregulation
      355 6 Bloomberg Business News TOKYO The Federation of Economic Organisations, or Keidanren, will submit to the government today a list of more than 400 items in 19 industries the powerful lobbying group would like to see deregulated, an official said.
      Bloomberg Business News  -  355 words
    • Article
      Lock icon Japan fair trade panel probes bank group over lottery pressure
      300 6 Reuter TOKYO Japan's Fair Trade Commission (FTC) said it has started conducting a hearing on possible pressure by an industry group to prevent credit associations from setting up controversial deposit-cum-lottery schemes. An official at the FTC said: "We have started
      Reuter  -  300 words
    • Article, Illustration
      Lock icon Nepal's votes trickle in
      118 6 AFP Reuter KATHMANDU Nepal's Communist Party candidate, Krishna Gopal Shrestha, waving to supporters during a victory procession here yesterday. Nepal's ruling Congress Part) trailed its communist rival in early returns from general elections that reflected widespread frustration with the Himalayan nation's political class. Diplomats said it
      AFP; Reuter  -  118 words
    • Article
      Lock icon Debts of bankrupt Japanese firms soared 74.6% in October
      302 6 Reuter TOKYO Total debts of bankrupt Japanese companies in October surged 74.6 per cent from a year earlier to 848.27 billion yen (S$ 12.7 billion), by far the highest level for any month this year, a private research company said yesterday.
      Reuter  -  302 words
    • Article
      Lock icon Japan, S Korea outdo India in Sri Lankan investments
      331 6 Reuter COLOMBO Indian firms are being left behind by Japanese and South Korean companies in the race to invest in Sri Lanka, government and industry officials said yesterday. "After India liberalised her economy in 1991 there has been a lot of
      Reuter  -  331 words
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      305 6 I MRilline An SPH AudioTex Service ;> In English Number Horoscopes (Daily) 8450 The SCORPIO Man »> Entertainment News 8451 Juicy News Of Cindy Crawford Richard Gere, Sharon Stone, Slyvester Stallone <4 Madonna I*; Ghost Stories 8452 Z'/ The Story Of Agnes; Win Prizes! Children's Funland 8453 2'. Quiz: American
      305 words
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      320 6 23 HOUSES AND APARTMENTS IN BARNj^. LONDON'S RIVERSIDE VILLAGE JUST 17 MINUTES TO TOWN A WONDERFUL INVESTMENT OPPORTUNITY j FROM ST GEORGE The attractive Weit London I to see ,m Borough of Barnes is the setting for ((11 Castelnau Mews, the prestigious new 'OjJ 533 0056 development from St George,.
      320 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon German inflation at 2%
        86 8 Bloomberg Business News FRANKFURT Western German consumer prices climbed at a pace equivalent to an annual rate of 2 per cent during the last three months, the Bundesbank said. The figure is the latest indication of easing inflationary pressures and meets the Bundesbank's inflation target of
        Bloomberg Business News  -  86 words
      • Article
        Lock icon UK industry told to hold wages
        100 8 Reuter LONDON UK Employment Secretary Michael Portillo yesterday said British industry must keep a firm grip on wage costs to ensure that earnings growth did not feed through mto overall inflation. "Earnings growth is still above the inflation figure that is an undesirable situation
        Reuter  -  100 words
      • Article
        Lock icon Giscard hits out at French right
        108 8 Reuter PARIS Former President Valery Giscard d'Estaing yesterday criticised squabbling by leaders on the French right over the 1995 presidential election and said he would decide only in February whether to run himself. "I think the (ruling) majority will win the presidential election, but
        Reuter  -  108 words
      • Article
        Lock icon Way to single European currency
        96 8 Reuter STRASBOURG, France Practical preparations for a single European currency will take EU finance ministers to a "point of no return", EU Economics Commissioner Henning Christophersen told reporters yesterday. "If people are beginning to prepare themselves for (a single currency) we will see at a
        Reuter  -  96 words
      • Article
        Lock icon Restoring services to black townships
        62 8 AFP CAPE TOWN The South African government is to restore services to black townships as part of a campaign to end a crippling rent and service boycott, Minister without Portfolio Jay Naidoo said on Tuesday. The boycott was called in the mid1980s by the now-ruling
        AFP  -  62 words
      • Article
        Lock icon Russia suspends N-fuel to Ukraine
        89 8 AFP MOSCOW Russia has stopped fuel deliveries to Ukraine's nuclear plants and will only resume them when Ukraine ratifies the nuclear Non-Proliferation Treaty (NPT), Ukrainian President Leonid Kuchma said on Tuesday. Mr Kuchma, quoted by Interfax, said Russia had told the Ukrainian state committee on
        AFP  -  89 words
    • Article
      Lock icon Russians see China's strength as a threat
      249 8 AFP MOSCOW The balance of forces in Asia may be turning in China's favour in a way that could pose a direct threat to Russia, a round table of Russian foreign policy experts was told here on Tuesday. Yevgeny Bazhanov, head of the
      AFP  -  249 words
    • Article
      Lock icon Rejection of Gatt will cause market chaos: Wall St guru
      531 8 AP WASHINGTON Rejection of a new global trade accord or even postponement of congressional votes on it would shake world financial markets and send interest rates higher, a prominent investment banker told Congress on Tuesday. "Financial markets are now totally
      AP  -  531 words
    • Article
      Lock icon Bentsen challenges GOP to pay for promised tax cuts
      355 8 Reuter WASHINGTON US Treasury Secretary Lloyd Bentsen threw down the gauntlet to victorious Republicans over their promised tax cuts, challenging the rival party to pay for them with reductions in government spending, not accounting gimmicks. In an interview, Mr Bentsen defended
      Reuter  -  355 words
    • Article, Illustration
      Lock icon Protest against Britain over Falkland Islands
      75 8 AFP BUENOS AIRES A demonstrator with a drum leading a protest against Britain's sovereignty of the Falkland Islands on Tuesday. The Duke of York, who served as a Sea Kins helicopter pilot aboard the aircraft carrier HMS Invincible during the war with Argentina over
      AFP  -  75 words
    • Article
      Lock icon UK jobless rate continues to fall, inflation stays low
      260 8 Reuter LONDON British Finance Minister Kenneth Clarke received a double dose of good news yesterday in the run-up to his annual budget unemployment fell further and annual inflation remained subdued at 2.4 per cent. The last major set of official statistics
      Reuter  -  260 words
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      114 8 WMT NEXT tfTffl GETTHC YOUR ISO AWARD? LET US HELP YOU TURN IT INTO A SELLING POINT After working hard to earn your ISO award, \VOt*7 ttOOTAIW f 3FC SSf ro l it's time to make your effort pay off. Let us help I® A jagC turn your ISO recognition
      114 words
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      119 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 This announcement appears as a matter of record only. New Issue November 1994 Thaioi! Thai Oil Company Limited (Incorporated as a limited liability company under the laws of Thailand) U. 5.5200,000,000 Floating Rate Notes due 2001 Chemical Securities Asia Limited Daiwa Securities (H.K.)
      119 words
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  • Page 9 Advertisements
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      1023 9 I® teSt THE HENDERSON GROUP |§i PRESENTS THE BEST INVESTMENT OPPORTUNITIES IN CHINA CANADA With a 20 year history in the property development industry and over 300 projects completed, it is among the top 10 listed companies in Hong Kong today. The group has also extensively diversified into other businesses
      1,023 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Reaction from stock, bond markets the most muted this year
      1187 10 US interest rate hike Los Angeles Times, Reuter WASHINGTON Taken together, stocks' and bonds' response to the Fed's rate increase was by far the most muted market reaction to any of the increases this year, and a far cry from
      Los Angeles Times, Reuter  -  1,187 words
    • Article, Illustration
      Lock icon US stays ahead of Europe, Japan in economic recovery
      624 10 IHT PARIS The Federal Reserve Board's interest rate increase on Tuesday, combined with recent remarks by the president of the Bundesbank, signals that the business cycle in the United States remains far ahead of those in continental Europe and Japan. The
      IHT  -  624 words
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      Page 10 Advertisements Column 1
      346 10 Hot Air Balloon: 0 Chronicles of Travel" takes you on a Hot Air Balloon Safari 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. Out of the corner of your eye,
      346 words
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  • SPORTS
    • Article, Illustration
      Lock icon Navratilova's loss marks end of career
      897 11 Virginia Slims Championships AP NEW YORK All the flashes of brilliance that stamped Martina Navratilova's career for more than two decades the darting volleys, the leaping overheads, the chip-and-charge backhands were on display one last time. And in the end they just weren't nearly
      AP; Reuter  -  897 words
    • Article
      Lock icon Martina exits smiling
      571 11  -  By Harvey Araton NYT NEW YORK The curtain was coming down. The banner was going up. Martina Navratilova, out of habit, carried out a box of tissues. "I don't know whether to laugh or cry," she said after losing the last singles match of her magnificent 22-year
      NYT  -  571 words
    • Article
      Lock icon Milestones in Navratilova's career
      354 11 AFP NUMBER 1: Martina Navratilova held the world No 1 ranking in women's tennis a total of 381 weeks that's seven years and 17 weeks. July 10, 1978-Jan 13, 1979 (27 weeks); Jan 28-Feb 24, 1979 (four weeks); April 16-June 24, 1979 (10 weeks); Sep 10,
      AFP  -  354 words
    • Article, Illustration
      Lock icon Agassi wins in double quick time
      532 11 IBM/ATP Tour World Championship AP FRANKFURT Andre Agassi seems to be in a hurry to make up for all the lost time. Agassi took just 45 minutes to rout Alberto Berasategui 6-2, 6-0 for his opening victory at the US$3 million (554.4 million) IBM/ATP
      AP; Reuter  -  532 words
    • Article
      Lock icon Mansell is UK's top sports earner
      188 11 AFP LONDON Nigel Mansell was Britain's highest earning sports star in the past 12 months, according to figures released here on Tuesday. A BBC Radio Sports Yearbook has Mansell picking up £9 million (Ss2l million) for his 12 months' work as Indy Car and
      AFP  -  188 words
    • SPORT SHORTS
      • Article, Illustration
        Cricket
        119 11 BOMBAY Courtney Walsh faces the task of saving West Indies's awesome 14-year unbeaten streak when the first of three tests begins here tomorrow against a supremely confident India. West Indies have not lost a series since a controversial defeat in New Zealand in 1980 when they believed they had
        119 words
      • Article, Illustration
        Lock icon Gymnastics
        161 11 AP DORTMUND, Germany Germany surprised the gymnastics world on Tuesday, sweeping to first pjacc at the World Team championships after the men's compulsorics. Germany, not one of the favourites. got flawless performances from its top six athletes to collect 279.900 points. Ukraine was sec- ond at 278.300. followed by
        AP  -  161 words
      • Article, Illustration
        Lock icon Olympics
        156 11 AP COLORADO SPRINGS Spccdskatcrs Bonnie Blair and Dan Jansen. sprinter Michael Johnson and figure skater Nancy Kerrigan were among 106 athletes of the year for Olympic sports announced on Tuesday by the US Olympic Committee. The list included 45 members of Olympic or Winter Olympic teams. 18 world champions
        AP  -  156 words
      • Article, Illustration
        Basketball
        59 11 NEW YORK NBA Tuesday: Atlanta 110 Boston 94; Cleveland 89 Charlotte 86 (OT); Detroit 99 Philadelphia 98; Miami lIS Dallas 102; New Jersey 112 Seattle 106; Orlando 122 Washington 102; Denver 112 San Antonio 99; Houston 105 Sacramento 99; Milwaukee 82 Indiana 81; Portland 93 Phoenix 96; Golden State
        59 words
      • Article, Illustration
        Lock icon Rugby
        157 11 AFP WELLINGTON Former All Black skipper David Kirk, who led his team to victory at the first World Cup in 1987, has been sacked from his high profile job as coach of a provincial team, news reports said yesterday. Kirk, who is an aide to Prime Minister Jim Bolger.
        AFP  -  157 words
      • Article, Illustration
        Tennis
        83 11 FRANKFURT ATP world championship round-robin on Tuesday Red Group: Sergi Bruguera (Spn) b Michacl Chang (US) 7-6 (7-1) 7-5; Andre Agassi (US) b Alberto Berasategui (Spn) 6-2 6-0. White Grp: Boris Bcckcr (Gcr) b Goran Ivanisevic (Cro) 6-3 3-6 7-6 (7-5). NEW YORK Season-ending US$3.5 million (SSS.I million) Virginia
        83 words
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      567 12 Sifl Nothing Beals A Bud-Ifti^ OF FRESPfI .PASTA )DAI LY. W From Pasta Fresco. The only restouront to make its own specialty pasta. Fresh. everyday. Savour perfect pizza, great O gelati and terrific tiramisu. All topped with Italian hospitality. Pasta Fresco Da Sotvatore Pl* ltd 30 Boat Quay. SIOIO4I lOpen
      567 words
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      Page 12 Advertisements Column 2
      352 12 1 WHERE TO WINE, DINE AND ENTERTAIN Thi tisi Oi Out M s i i i C m i i s 18 October 30 November Come and try some delectable Shark's Fin dishes, prepared in Hong Kong style by Master Chef Lai or Bangkok style by Master Chef Prayong for
      352 words
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      Page 12 Advertisements Column 3
      362 12 X >' —^4k) The "In-Donesian" Thing To Do! And why not, at the Chatterbox! k Indulge in a sumptuous Indonesian buffet of some 30 cold hot dishes and a tempting arr&y. i of delicious desserts by our guest chefs <0 from Sahid Jay a Hotel Tower, Jakarta. Just do it!
      362 words
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  • LIFESTYLE
    • Article, Illustration
      Going back to the roots
      542 13  -  Linda Chee reviews an exhibition by ceramicists Iskandar Jalil and NZ's Gane Benge Linda Chee THE RAW, elegant beauty of Iskandar Jalil's art never fails to impress. Virtually every exhibition of his works in recent years has sold out. His latest collection, on show at
      542 words
    • Article
      Lock icon The race is on for the first nouveau sip
      553 13 NYT Traditionally, Thanksgiving marks the beginning of the holiday season. Unless you are a Beaujola# devotee. For fans of France's favourite wine, the fun begins today, the third Thursday of November, the day this very special wine goes On sale. The
      NYT  -  553 words
    • Article, Illustration
      Lock icon Here's your host, Charles Grodin
      380 13 CHATTERBOX AP AP AP AP AP WHAT qualifications does actor Charles Grodin bring as host of a talk show? None, he says, but why he should be different from others? "I have no qualifications at all, and we're very excited about that," said Grodin, who
      AP; AFP  -  380 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      141 13 j (1 TO 30 NOVEMBER '94) To celebrate our 6th Anniversary, Cafe Aladdin is offering selected local dishes at only $6.00 each for lunch and dinner daily. Fried Hokkien Mee Fried Yee Mee Cilfc Fried Noodles (Hong Kong style) Beef Noodles Mee Rebus Mee Siam u-vel 3 For reservations, please
      141 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1167 13 TV RADIO ~1 MU iih Drop Dead Fred, 8.30pm, Ch A young woman loses her husband, job and everything. With no to comfort her. she remembers the invisible friend Marsha Mason. Tim Matheson 60 Minutes, 9pm, Ch 12 Vietnam vets go back to the comrades still missing in tion. More
      1,167 words
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      Page 14 Advertisements Column 1
      163 14 WITH CITIBANK, YOUR FAVOURITE PHOTO CAN DO A LOT MORE THAN TREAT YOU TO A FEW MEMORIES. It can treat you to instant recognition in over 10 All we ask is that you choose a colour photo million establishments, worldwide. and one that is quite current. Because the Citibank Photocard
      163 words
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  • INNOVATION & TECHNOLOGY
    • Article, Illustration
      Tapping Gulf War technology
      754 15  -  Transport companies in Singapore are harnessing satellite technology to track their fleet of vehicles, reports Lee Wai Leong Lee Wai Leong MORE than 15 years after the US launched the first Global Positioning System satellites, GPS products look set to make an impact on commuters in
      754 words
    • In Takes
      • Article
        Lock icon Nintendo to retail virtual reality system
        57 15 Bloomberg Business News SEATTLE Nintendo Co. makers of the "Gameßoy" handheld video game, will release the first mass-produced "virtual reality" table-top video game system next April in the US and Japan. Ihe system, called "Virtual Boy", produces a threedimensional image not possible on conventional
        Bloomberg Business News  -  57 words
      • Article
        Lock icon New software may cut plastics cost
        77 15 Bloomberg Business News DETROIT Cray Research Inc says it has developed new computer software that will enable plastic products for vehicles to be manufactured more cheaply and efficiently. Cray says its new Cray Molding Logic 2.0 software helps plastic makers determine the most efficient
        Bloomberg Business News  -  77 words
      • Article
        Lock icon Clearer picture of heart damage
        79 15 UPI DALLAS Doctors may soon be able to quickly visualise a heart in trouble, allowing rapid detection of where a heart attack has occurred and the extent of the damage. University of California, San Diego scientists said on Monday. For the first time, researchers have
        UPI  -  79 words
      • Article
        Lock icon New gene therapy for heart trouble
        81 15 AP DALLAS Scientists working on the frontiers of gene therapy have come up with a possible strategy for repairing the damage of heart attacks by transforming useless scar tissue into healthy muscle. Success will depend on a gene discovered six years ago called Myo
        AP  -  81 words
  • Page 15 Advertisements
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      81 15 I LOWER IDD RATES TO GERMANY MEAN LONGER HAPPY HOURS. A one-minute call to Germany is now P™/ $215*. at Standard IDD rates. So you can m Singapore lelecom talk happily for hours. sc^ce^t |j |)jjj rf c e ua b e I Sote Distributor: ILJ U GEL TRACTORS PTE
      81 words
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  • Page 16 Advertisements
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      442 16 Presenting Previa. It's Everything You've lways Wanted. And More. There are some designs that once introduced, its midship under floor engine, it's the only to allow the cabin to be cooled quickly and are destined to forever change the way every- one with a floor layout without the usual more
      442 words
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  • THE LAW PAGE
    • Article, Illustration
      Judges are not perfect, they are human
      1430 17 BBC looks at different judiciary systems and finds they have one thing in common increasing public scrutiny UNLIKE the appointment of judges in Singapore, which goes largely unnoticed by many people, Americans take an unusually keen interest in judicial appointees. This is because
      1,430 words
    • Article
      Looking forward to a lecture from the High Court judge
      314 17 atthe bar NO LAWYER enjoys being lectured to by a judge. But a group of lawyers-to-be looks forward to every lecture from the bench. They are post-graduate law students who have had the benefit of lessons on becoming a lawyer
      314 words
    • Article
      S'pore can learn from China's experience, too
      131 17  -  By Conrad Raj IT IS not unusual to read reports about Chinese officials visiting Singapore and concluding at the end of their visit that they have a lot to learn from Singapore. But it is not a one-way street, as Singapore AttorneyGeneral Chan
      131 words
  • Page 17 Advertisements
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      740 17 B__u_s_x NESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 i/V/*%) EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. \]MJ*raK9 fp Business Times WE KNOW ASIA IN THE MA I IKR OF THK COMPANIES ACT. H H\KI KR 501 AND IN THK MATTKR Of ATLANTIC ART
      740 words
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      Page 17 Advertisements Column 2
      199 17 In ttie Matter of THE COMPANIES ACT, CAP. SO And In the matter ot SHOWA TRADING PTE LTD NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act (Cap. 50) that the Final Meeting of Members of the abovenamed Company will be held at the office of Tan
      199 words
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      Page 17 Advertisements Column 3
      345 17 A THE COMPANIES ACT, CHAPTER 50 SECTION 290(2X8) HOTICE OF RESOLUTION ———1 (SINGAPORE) PTE LTD (IN MEMBERSVOLUNTARY LIOUIOATION) At an Extraordinary General (Singapore) Pte Ltd held at Level 17. 500 Colhns Street. Melbourne VIC 3000 on the 11th day of November 1994, the foiowwng special reeolutions were duly passed RESOLVED:
      345 words
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  • Article
    Clean, green — and sustained
    431 18 Clean, green and sustained EDITORIAL THE trouble with official X-Week campaigns is that they last one week. Too often, after their seven days in the sun, they retire into the nether reaches of public consciousness, hibernating through a year-long winter of slumbering content till the next spring brings the next
    431 words
  • WHAT THE OTHERS SAY
    • Article
      Bosnia bleeds and weeps
      296 18 BOSNIA'S plight continues to mock the effectiveness of the world's peacekeeping machinery and, even more, the civilisational values of the European powers. The Clinton administration's decision last week not to intercept Bosnia-bound military cargo acknowledges that the arms embargo is discriminatory. In theory, it applies to
      296 words
    • Article
      Getting around with ease
      146 18 THE ongoing discussion on COE reveals a bitter fact of life Singaporeans cannot enjoy the space and comfort of personal transportation unless they are prepared to pay for it. The critical issue, however, is not the owning of cars but how to ensure that every Singaporean
      146 words
    • Article
      A change in US policy?
      222 18 ALTHOUGH the Clinton government has changed its bossy diplomatic policy and announced that trade and human rights will not be linked, the United States is still blocking China's re-entry into Gatt. If the World Trade Organisation (WTO), the successor of Gatt, cannot be set up
      222 words
    • Article
      Understanding Bosnia better
      109 18 THE unilateral American action to stop enforcing the arms embargo on Bosnia is to be appreciated for it not only sends a loaded message to the Bosnian Serbs to stop toying with the peace plan, it also shows a better understanding of the Bosnian problem. Deadlines for
      109 words
    • Article
      Setback for Beijing
      131 18 THE talks yesterday between United States Trade Representative Mickey Kantor and China's Minister of Foreign Trade and Economic Cooperation Wu Yi appear to have set back Beijing's ambitions to become a founder member of the World Trade Organisation (WTO), which will replace the General Agreement on Tariffs
      131 words
    • Article
      Unfortunate distractions
      134 18 THE demonstration by a group of East Timorese students at the United States Embassy in Jakarta and the rioting which occurred in Dili in the past several days are highly unfortunate incidents indeed. Unfortunate. because they occurred at a time when the government of Indonesia and the people
      134 words
  • Article, Illustration
    Lock icon Crisis looms for Japan's pension fund system
    1021 18  -  An ageing population and poorly managed funds are putting an unbearable strain on Japanese pension schemes, reports Anthony Rowley Anthony Rowley The writer is BT's Tokyo correspondent JAPAN'S Parliament earlier this month approved the raising of the official retirement age from 60 years
    Source: Nomura Research institute  -  1,021 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      238 18 BOOM TOWN While Singapore's residential propertymarketmaybe peaking, Malaysia's Klang Valley is still booming, fuelled by new money, new housing forms and new infrastructure. AisoiNjmsjssuEt I nth The remaking of Yeo Hiap Seng Malaysia's hottest property stocks Gold: Heading for new high? MRCB goes shopping unllirtrwlHi r j J Get yourcopy
      238 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      86 18 f. 1 1 i l7l V.i m ■*>. L qr ,N PosTepy iu DO IT iY U W\/ f r s 1 NO"W'NG TO rt)c 0 Sfi A ~r \AGR|N J u*\LfihlG TW?OUGH THfYT DOOR \\V m 7l P»M"D NCV£? 6S k C ASSOCIATED NEWSPAPERS LTD. 7 9M7 DOONESBURY GARRY
      86 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon A new frontier for Singapore entrepreneurs
      1767 19  -  New Zealand offers exciting prospects for Singapore investors interested in tourism-related projects, reports Alvin Tay from Wellington Alvin Tay The writer is BT's News Editor According to a popular saying, a picture is worth a thousand words. But to property developer Sim Lai Hee,
      Source: New Zealand Tourism Board  -  1,767 words
    • Article
      Lock icon Taiwan climbs the technology ladder
      707 19 Cash-rich computer firms plan to invest US$ 1,9b in the production of integrated circuits Bloomberg Business News JUST 10 years ago, cash-strapped Taiwanese companies looking to succeed in the computer business had only enough investment capital to make pirated Western-designed personal computers in factories little
      Bloomberg Business News  -  707 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      44 19 IDD RATES TO AUSTRALIA ARE NOW WAY DOWN UNDER. A call down under is only $1.30* a minute, at J Singapore Standard IDD rates So when you say G'day to the Telecom lucky country, It's you who gets lucky. 'GST applies Service first Always
      44 words
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      Page 19 Advertisements Column 2
      48 19 PROPERTY EXHIRITION Classification 496 (Property Exhibitions) in the Classified is the place where readers look for choice properties and investment opportunities. So, if you have any property exhibition, advertise here and open your door to more business. Call Sylvestian Yap at 740 1626 (pager 303 5741) now! k^s.
      48 words
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      Page 19 Advertisements Column 3
      223 19 THE UNIVERSITY OF HULL I England 1927 IMBA i y "OVER 100 GMs, MDs, CEOs ALREADY IN THE PROGRAMME!" mM "ONE OF THE MOST ESTABLISHED IN SINGAPORE" |B|{ HUH First to offer TQM and a Systems Approach to Creative Problem Solving the management philosophy of the 1990s First to offer
      223 words
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  • Article
    Lock icon US CPI sees smallest rise in 6 months
    520 20 Bloomberg Business News AP Reuter WASHINGTON Consumer prices rose a tiny 0.1 per cent in October as falling energy prices and moderation in food costs combined to give the United States its best inflation performance in six months. The core rate of
    Bloomberg Business News; AP; Reuter  -  520 words
  • Article, Illustration
    Oei Hong Leong succeeds Yu Pun Hoi as Ming Pao chairman
    423 20  -  From Lim Soon Neo in HONGKONG SINGAPOREAN Oei Hong Leong has been appointed chairman of Ming Pao Enterprise to replace Yu Pun Hoi who resigned last month following public censure by the Stock Exchange of Hongkong for failing to
    423 words
  • Article
    Samsung joins Suzhou township development group
    260 20 SINGAPORE South Korea's Samsung Corp yesterday became the first non-Singapor-ean member of SingaporeSuzhou Township Development (SSTD). It joins 19 local companies in the consortium, which is jointly developing a Singaporestyle industrial estate in Suzhou city with Chinese partners. All 20 shareholders have equal stakes
    260 words
  • Article
    Lock icon China unlikely to meet WTO founding member deadline
    350 20 Reuter GENEVA Senior US and European Union negotiators said on Tuesday it was now "practically impossible" for China to join the World Trade Organisation (WTO) as a founding member. They said China was not showing enough flexibility, but that they expected Beijing
    Reuter  -  350 words
  • Article, Illustration
    Lock icon Police demonstration
    47 20 Reuter JERICHO Palestinian police in camouflage uniform climbing a barricade as part of a demonst ration of their prowess yesterday during a rally to celebrate the sixth anniversary of the declaration of a Palestinian state by the Palestine National Council in Algiers in 1988. Reuter
    Reuter  -  47 words
  • Article
    Lock icon US pressures Japan to increase foreign firms' access to 11 sectors
    277 20 AFP TOKYO The United States has turned up the heat on Japan to lift or ease various government regulations to give foreign companies greater access to its markets, officials said yesterday. At an official meeting here, the US side
    AFP  -  277 words
  • Article, Illustration
    European Union's future is not as rosy as it looks now
    952 20  -  The Bottom Line SHADA ISLAM SHADA ISLAM The writer, a Brussels-based correspondent, contributed this article to Business Times. FORGET Euro-pessimism. These are heady times for the European Union. The grim shadow cast by recession is finally beginning to lift,
    952 words
  • Article
    China warns against introducing old-age pension scheme in HK
    320 20  -  From Lim Soon Neo in HONGKONG CHINA'S head of the de facto embassy in Hongkong last night warned against changes to the territory's economic structure through such West-em-style measures as a proposed old-age pension scheme. Zhou Nan, director of Xinhua News
    320 words
  • Article
    Lock icon Hata's party to dissolve and merge with opposition group
    289 20 AP TOKYO The party that triggered Japan's first change of government in 38 years a month after it was formed last year formally decided yesterday to dissolve itself and merge into a united opposition party. The decision by the Japan Renewal
    AP  -  289 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 21 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Alliance, Baring, Dama, Fraser. GK Goh, Kay Hian. Morgan GrenfeU. OngCo, Nomura, Phillip. Smith New Court. WI Can and S G Warburg.
        47 words
      • Article, Illustration
        HOT STOCK
        123 21  -  By Paul Leo LIEN Hoe Corporation closed at $2.22 yesterday, exactly half of its all-time high of $4.44 reached at the beginning of the year. Medium- and long-term technicals are turning bullish. Weekly and monthly Relative Strength Indices are at 75 and any further price weakness will push
        123 words
    • Article
      Chuan Hup plans to list associate Intra-Oil on KLSE
      431 21  -  By Rahita Elias SINGAPORE Marinebased Chuan Hup Holdings plans to list Malaysian associate Intra-Oil Supplies on the second board of the Kuala Lumpur Stock Exchange. A group spokesman told Business Times the listing plan revealed in Chuan Hup's just-released 1994 annual
      431 words
    • Article
      Making further inroads into regional property
      346 21 SINGAPORE Chuan Hup Holdings is venturing further into the regional property market, drawn by potential high returns for a relatively small capital outlay. The group is developing a US$6 million (SsB.B million) apartment building in Jakarta and is looking for similar projects elsewhere in
      346 words
    • Article, Illustration
      F&N set for first property project in Vietnam
      408 21  -  By A J Leow SINGAPORE The Fraser Neave group is on the verge of landing its first property project in Vietnam. F&N's group general manager for property development, Gerald Darwin, said yesterday the group was close to signing a joint-venture contract with
      408 words
    • Article
      Balancing shareholders' interests
      699 21  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR It would appear that Malaysia's securities industry watchdog has again capitulated to pressure from the corporate sector in coming up with a new "flexible" guideline on share sales by major shareholders of newly-listed companies. But a closer look
      699 words
    • Article, Illustration
      Promet completes rig upgrading project early
      130 21 SINGAPORE Promet Bhd, a marine company and civil engineering group listed on the Kuala Lumpur bourse, has completed a rig-upgrading project 10 days ahead of schedule. The cantilevered, self-ele-vated jack-up rig, called Harvey H Wardm, has left for oil exploration and drilling works under
      130 words
    • Article
      F&N makes Asia Dairies wholly owned for $32.6m
      127 21 SINGAPORE Fraser Neave said yesterday it had spent $32.64 million to make Asia Dairies a fully owned subsidiary. Asia Dairies was previously 51 per cent owned by F&N and 49 per cent by the New Zealand Dairy Board. F&N said it had
      127 words
    • COMPANIES
      • Article
        Untitled
        1287 22 Mnapri' prfctt Nov 17 Mcndaki Gr Fund 1.17 1.20 Singapore Unit Trust Hi?? 097 0Ud The Commerce 1.68 1.78 UOB Asset Mgt Ltd The Savings Fund 1.65 I.7S Unifund I.S3 I 60 S'pore Prog Fund 0.64 0.68 Umbond 1.045 1.07 S'pore Sec Fund 1.02 1 08 United Gr Fund! 1.79
        1,287 words
      • COMPANY BRIEFS
        • Article
          NOL gets US Coast Guard certificate
          70 22 SINGAPORE National carrier Neptune Orient Lines yesterday obtained the Certificate of Financial Responsibility for its tanker fleet from the US Coast Guard. According to an NOL statement issued yesterday, certification is required under the US Oil Pollution Act 1990. The certificate testifies to the
          70 words
        • Article
          Lock icon BAT to make cigarettes in Vietnam
          48 22 AP HANOI British American Tobacco Co has obtained a licence to begin making cigarettes in Vietnam, a newspaper reported yesterday. The Singapore-based company will manufacture its 555 brand cigarettes in cooperation with the Vietnam Tobacco General Corp, the Saigon Newsreader reported. AP
          AP  -  48 words
        • Article
          OCBC subsidiary sets up 2 units
          62 22 SINGAPORE OCBC Holdings Pte Ltd, a wholly-owned subsidiary of Overseas Chinese Banking Corp, incorporated two new subsidiaries on Nov 14. The first, OCBC Capital Management Singapore Pte Ltd, was formed to manage investments for the second, an investment company called OCBC Capital Investment Pte
          62 words
        • Article
          Cerebos subsidiary forms Thai unit
          52 22 SINGAPORE Cerebos Pacific Ltd announced that its subsidiary, CPL Exports Pte Ltd, has incorporated a subsidiary in Thailand called Cerebos Foods (Thailand) Ltd. The Thai company has an authorised and paid-up capital of three million baht (S$ 176,000) and will produce, import, export and sell
          52 words
        • Article
          Por quits as Falmac executive director
          33 22 SINGAPORE Falmac Ltd has announced that Por Khay Ti resigned as an executive director of the company yesterday. He remains as a non-executive director till Dec 31.
          33 words
        • Article
          More Clipsal warrants listed
          44 22 SINGAPORE Clipsal Industries (Holdings) Ltd said yesterday that an additional 9.05 million warrants 1998 were listed and quoted yesterday due to warrant adjustments as a result of its share split. The exercise price has been changed to US$2.O3 per share.
          44 words
      • Article
        Berger Int'l raises holding in Thai firm to 75%
        173 22 SINGAPORE Berger International has invested 10.1 million baht (*****,000) to raise its stake in Berger Paints Thailand by 26 percentage points to 75 per cent. Berger Paints Thailand was formed in June with Thai Paint and Chemicals. Berger International increased its
        173 words
      • Article
        Lock icon Unocal unit to triple Indon power plant's capacity
        265 22 Reuter SINGAPORE Unocal Corp said its subsidiary Unocal Geothermal Indonesia Ltd expects to spend some US$3BO million (SSS6O million) in tripling the electrical generating capacity at the Gunung Salak geothermal plant near Jakarta. Unocal said it signed amended contracts with Indonesian state
        Reuter  -  265 words
      • Article
        Lock icon MMC, Damansara Realty seal investment deals in Indonesia
        438 22 Bernama JAKARTA Malaysia Mining Corporation (MMC), Damansara Realty Bhd and con-struction-based C P (SEA) Sdn Bhd yesterday signed agreements with Indonesian partners that will give them access to the republic's vast economic potential. MMC and Indonesia's Djajanti Group, a fisheries and integrated
        Bernama  -  438 words
      • Article, Illustration
        Olympia plans to list 4 units in next 3 years
        462 22 KUALA LUMPUR Olympia Industries Bhd plans to list four of its main subsidiaries on the Kuala Lumpur Stock Exchange within the next three years. The four subsidiaries, Olympia Land Bhd. Lotteries Corp Sdn Bhd, Mascon Sdn Bhd and Jupiter Securities
        462 words
      • Article
        Lock icon Insas buys 25% stake in Aussie property firm
        229 22 Reuter Bernama KUALA LUMPUR Malaysian property-based Insas Bhd has agreed to subscribe for 18.5 million shares or 25 per cent interest in Australian property developer World Square Pty Ltd for A 518.5 million (5520.5 million) cash. WSPL is the developer of World
        Reuter; Bernama  -  229 words
      • Article
        KL corporate newcomer said to be eyeing Laos timber concession
        335 22 KUALA LUMPUR Kenneth Eswaran, a newcomer to the corporate scene who bought into Benta Plantations Bhd and Mun Loong Bhd this year, is said to be eyeing a 250,000 ha timber concession in southern Laos. The earnings potential of the
        335 words
      • Article
        Lock icon HK gold firm to expand M'sian business
        409 22 MBT KUALA LUMPUR Hong-kong-listed Tem Fat Hing Fung (Holdings) Ltd, is planning to expand its gold-related business in Penang, where a vast proportion of the country's jewellery making operations is located. The move should give the local gold industry a shot in the
        MBT  -  409 words
      • Article
        Guoco Philippines restructures for future growth
        367 22  -  From Al Labita in MANILA A GUOCO group holding company in the Philippines has restructured itself ahead of further investments in the country. Guoco Holdings Philippines Inc now have four intermediate holding firms that looks after its diverse interests. They are Guoco Land (property),
        367 words
      • Article
        Lock icon Manila bourse seeks comments on listing ban on subsidiaries
        234 22 AFP MANILA The Philippine Stock Exchange (PSE) said yesterday it was willing to hear comments from market participants on a controversial new rule banning publicly-held conglomerates listing their subsidiaries. The listing ban, imposed this week, prevents conglomerates listed on the bourse
        AFP  -  234 words
      • Article
        Lock icon Ganda and Interport drop deal on share swap
        249 22 Reuter MANILA Interport Resources Corp (IRC) of the Philippines said a proposed deal for a new share swap agreement with Ganda Holdings Bhd of Malaysia is off. "Interport Resources Corp and Ganda Holdings Bhd have decided not to proceed with the renegotiations
        Reuter  -  249 words
      • Article, Illustration
        Lock icon Hopewell reviews big bond sale after poor show by HK issues
        460 23 Bloomberg Business News HONGKONG Hopewell Holdings has said it is having doubts about proceeding with its first international bond sale, estimated by some to be a US$l billion (551.47 billion) issue. As rating agencies Moody's and Standard and Poor's
        Bloomberg Business News  -  460 words
      • Article
        Lock icon Drought in east Australia hits prices of agriculture shares
        494 23 Reuter SYDNEY The drought which is devastating eastern Australia has also sent the share prices of companies with exposure to the agricultural sector spiralling downwards, brokers and analysts said yesterday. Share prices of food and agricultural companies have fallen by up
        Reuter  -  494 words
      • Article
        Lock icon HK firm buys 40% stake in Philippine power plant
        146 23 Reuter HONGKONG Construction firm Yiu Wing International (Holdings) Ltd said it has agreed to buy a 40 per cent stake in China Chang Jiang Energy Corporation Philippines (CJP), which operates a hydro-electric power plant in Itogon, the Philippines, for HK$ 156.3
        Reuter  -  146 words
      • Article
        Lock icon Barings defends China oil firm's high issue price
        368 23 Eastern Express HONGKONG On the eve of Zhenhai Refining Chemical's initial public H share offering on Monday, sponsor Baring Brothers defended the issue's high price, saying the oil group was a quality stock and deserved a premium price. Andrew Wong, a Barings
        Eastern Express  -  368 words
      • Article
        Lock icon Fairfax 1st qtr profit jumps 65% on good ad sales
        245 23 Bloomberg business News SYDNEY A big increase in advertising sales has helped lift newspaper publisher John Fairfax Holdings Ltd's profit 65 per cent in the three months ended Sep 30. Fairfax said first-quarter profit rose to A 541.9 million (5546.3
        Bloomberg business News  -  245 words
      • COMPANY BRIEFS
        • Article
          Lock icon Commerzbank's operating profit up
          57 23 AFP FRANKFURT Major German bank Commerzbank recorded a partial operating profit of 1.5 billion marks (551.42 billion) for the first nine months of the year, up 2.4 per cent compared with the same period last year, the bank said on Tuesday. Interest income rose by 7
          AFP  -  57 words
        • Article
          Lock icon Lehman Brothers sueing 2 China firms
          61 23 AFP HONGKONG Lehman Brothers Inc is taking action against two Chinese companies to recover US$lOO million (S$ 147 million) lost in foreign exchange deals that went bad, the South China Morning Post reported yesterday. Lehman was due to file complaints on Tuesday against China
          AFP  -  61 words
        • Article
          Lock icon Casio Computer interim profit soars
          38 23 AFP TOKYO Japan's Casio Computer Co Ltd said yesterday its interim pre-tax profit surged 62.5 per cent from a year earlier to 4.6 billion yen (Ss69 million) in the six months to September.
          AFP  -  38 words
        • Article
          Lock icon East Japan Railway's income slips 2%
          87 23 Bloomberg Business News TOKYO Japan's largest railway company. East Japan Railway, said its earnings for the first half of the fiscal year fell about 2 per cent as the strength of the yen convinced more people to take their vacations abroad. The company's current
          Bloomberg Business News  -  87 words
        • Article
          Lock icon AT&T buys US computer service
          41 23 Bloomberg Business News LAS VEGAS AT&T Corp on Tuesday said it signed an agreement to buy ImagiNation Network, a computer on-line service, from Sierra On-Line Inc and General Atlantic Partners for US$4O million. Bloomberg Business News
          Bloomberg Business News  -  41 words
        • Article
          Lock icon US firm to build Philippine power plant
          71 23 Bloomberg Business News OMAHA, Nebraska California Energy Company Inc said on Tuesday it signed an agreement with the Philippine government to jointly develop a US$32O million irrigation and hydro-electric power plant in the Philippines. The project, to be developed with the Philippine National
          Bloomberg Business News  -  71 words
        • Article
          Lock icon China power station offers 37m B shares
          60 23 Bloomberg Business News HONGKONG Thirty-seven million B shares of Shenzhen's Nanshan Power Station valued at HK5146.15 million was to be offered in an international private placement yesterday, the South China Morning Post reported. The shares, to be listed on the Shenzhen Stock Exchange,
          Bloomberg Business News  -  60 words
        • Article
          Lock icon HK firm plans property deal in China
          58 23 Bloomberg Business News HONGKONG Paliburg Development Ltd said it plans to invest 349.25 million yuan (5560.4 million) in a real estate venture in China's Guangdong province. The company said it will pay its partner Xing Hua Co for an 80 per cent stake
          Bloomberg Business News  -  58 words
        • Article
          Lock icon Swissair flight operations deeper in red
          75 23 Bloomberg Business News ZURICH Swissair, the national carrier, told investors on Tuesday that flight operations were deeper in the red this year than in 1994, tempering an earlier forecast, Swiss newspapers reported. The Tages Anzeiger said Peter Nydegger, Swissair's finance director, told investors at
          Bloomberg Business News  -  75 words
      • Article
        Lock icon Volvo turns in record pre-tax profit of 12.7b kronor in 9 months
        640 24 But analysts concerned over disappointing margins on car sales IHT LONDON Volvo AB said on Tuesday that a surge in demand for its trucks and cars had pushed profit for the first nine months of the year to
        IHT  -  640 words
      • Article
        Lock icon Daimler forecasts a sharp turnaround
        161 24 AP FRANKFURT Following a staggering 3.3 billion mark (553.15 billion) loss in 1993, the chairman-elect of DaimlerBenz AG predicted a dramatic improvement this year for the company and his own Deutsche Aerospace division. "The direction of the group is good." Juergen Schrempp told reporters on
        AP  -  161 words
      • Article, Illustration
        Lock icon Mattel factory goes up in smoke
        51 24 AFP MEXICO Smoke from a fire at a Mattel company toy store on Tuesday rising over Mexico City. Officials reported that the fire, caused by faulty electrical wires, destroyed the factory. No casualties were reported. The column of smoke was visible from 27 kilometres.
        AFP  -  51 words
      • Article
        Lock icon Eastman Kodak to cut 800 jobs at New York complex
        386 24 Bloomberg Business News ROCHESTER, New York Eastman Kodak Co, under pressure to improve its profitability, on Tuesday said it will cut about 800 jobs at its main Kodak Park manufacturing complex by the end of the first quarter 1995. More
        Bloomberg Business News  -  386 words
      • Article
        Lock icon Krupp, Lonrho close to US$1.3b Viet deal
        230 24 Bloomberg Business News HANOI Germany's largest steelmaker, Fried Krupp AG Hoesch-Krupp, Britain's Lonrho pic and Vietnam Steel Corp are close to signing a US$l.3 billion (SSI.9 billion) contract to mine iron ore in northern Vietnam, Vietnam Steel said. "Pending approval by the State
        Bloomberg Business News  -  230 words
      • Article
        Lock icon Hambros' profit down 45% as securities income falls
        226 24 Bloomberg Business News LONDON The British investment bank Hambros pic said yesterday that first half pre-tax profit dropped 45 per cent as income from securities trading tumbled. Knocked by this year's rise in world bond yields, profit before tax dropped to £21.5
        Bloomberg Business News  -  226 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon HK monetary body raises short-term rate by 0.75 point
        510 26 US interest rate hike Knight-Ridder Bloomberg Business News HONGKONG The Hong Kong Monetary Authority (HKMA) raised the rate at which it lends short-term money to banks by 0.75 percentage point to 5.75 per cent, a government spokesman said yesterday. Local banks
        Knight-Ridder; Bloomberg Business News  -  510 words
      • Article, Illustration
        Lock icon No pay, no work
        56 26 AFP VENIOV, Russia Miners discussing their demands during a strike in the Belkovskaya coal mine in Veniov, Tula region, on Monday. The miners in the region went on strike recently, protesting against not having received their salaries for the last four months, and demanding that the
        AFP  -  56 words
      • Article
        Lock icon Green laws leave US oil industry leaner, fitter
        565 26 Reuter LOS ANGELES The US oil industry is emerging from a strict regimen of environmental legislation that has left it leaner and perhaps more fit to face the future. Top oil executives, gathered here for the 75th annual meeting of the American
        Reuter  -  565 words
      • Article
        Lock icon Copper prices hit four-year highs
        260 26 Reuter NEW YORK Comex copper's strong performance this week pushed the market into new upside ground, with prices hitting four-year highs and putting the market on course for more gains in the long term, chartwatchers said. Comex December copper settled at 129.05 US cents a
        Reuter  -  260 words
      • SMALL CHANGE
        • Article
          Lock icon Nod for BNP upgrading in Guangzhou
          61 26 AFP HONGKONG Chinese authorities has approved the upgrading of the representative office of Banque Nationale de Paris in Guangzhou into a branch, the bank said yesterday. The new branch, which is involved in trade finance, short and mediumterm loans and foreign exchange related products,
          AFP  -  61 words
        • Article
          Lock icon Taiwan go-ahead for Fuji Bank office
          67 26 AFP TAIPEI Taiwan's Finance Ministry has approved an application by Japans Fuji Bank Ltd to open a representative office in Taipei, ministry officials said yesterday. The ministry's bureau of monetary affairs gave the green light for Fuji, the world's largest bank in terms of
          AFP  -  67 words
        • Article
          Lock icon US bank dept to turn BCCI assets over
          90 26 AP NEW YORK The New York banking department said on Tuesday it will turn over US$7B million (S$ 115 million) in cash and assets seized from the defunct Bank of Credit and Commerce International to the Federal government. Acting superintendent of banks
          AP  -  90 words
        • Article
          Lock icon Probe on Bankers Trust trades
          48 26 Bloomberg Business News ALLENTOWN. Pennsylvania Bankers Trust New York Corp's derivatives trades with Air Products Chemicals Inc are being investigated by the Securities and Exchange Commission. The SEC is conducting "an informal investigation" of these derivatives contracts, said a spokesman for Air Products.
          Bloomberg Business News  -  48 words
      • Article
        Demand for gold surges in China and S-E Asia
        368 26  -  From Neil Behrmann in LONDON GOLD demand in China and South-east Asia surged in the third quarter, says the World Gold Council. The jump in demand illustrates that the region is adjusting to higher prices. The trend of consumption also backs
        368 words
      • Article
        Crude steady as supply in US rises
        294 26 Bloomberg ENERGY REPORT LONDON Crude oil futures were largely stable yesterday amid indications US refined product supplies will rise and speculation before Monday's Opec meeting. At spm London time, January Brent futures were one cent up at U5516.70 a barrel, while the December
        294 words
      • Article, Illustration
        Untitled
        1516 26 InaJe *nxhled indrx <akultilnl afaimt S'pure's tup 14 iradinx partners Ban- yt-ar 1955 US$/S$ forward rates Noon Nov 16 ss BM Offer 1-month 1.4716 1.4731 2-month ***** 1.4713 3-month 1.4685 1 4700 6-month 1.4640 1.4660 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi mi No* 16 Singapore dollars to
        1,516 words
      • Article
        Lock icon Currency Reports: London
        189 26 Reuter LONDON The dollar was well bid in European trading after the Federal Reserve delivered an interest rate rise that satisfied all but the most bullish of traders. The 75 basis point hike in short-term rates was anticipated by a market that had come to expect a
        Reuter  -  189 words
      • Article
        Lock icon New York
        93 26 AFP NEW YORK The dollar held steady against other major currencies yesterday, getting a boost from the Fed's higher than expected hike on interest rates on Tuesday. At around 1500 GMT, the dollar traded at 1.5559 marks against 1.5560 on Tuesday and at 98.55 yen against 98.75 yen.
        AFP  -  93 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firm up, Euroyen flat
        1334 27 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars were firmer while Euroyen futures were flat at the close. A dealer said European participants were active buyers for Eurodollars in the afternoon. "It looks like quite a lot of short covering going on." Earlier in the day, US
        Reuter  -  1,334 words
      • Article
        Tin up 24 sen on consumer demand
        689 27 COMMODITY REPORTS KL Tin TIN soared 24 sen to close at MS 15.74 a kg on stronger consumer demand. Dealers said the market is firm despite tin prices falling US$3O a tonne in London while the local premium to the LME was US$55
        689 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          PNG mine plans 1m oz of gold yearly
          75 27 SYDNEY Partners in the Porgera gold mine in Papua New Guinea yesterday approved an expansion that will enable annual production of about one million ounces to be maintained over the next three years. A project to lift ore grinding capacity and increase
          75 words
        • Article
          Japan cotton yarn output down
          48 27 TOKYO Cotton yarn production by members of the Japan Spinners' Association totalled 85,473 4001b bales, or 15,508 tonnes in October. That is down 12.8 per cent from 17,778 tonnes a year earlier. October production rose 2.1 per cent from 15,190 tonnes in September.
          48 words
        • Article
          China halves copper imports
          63 27 TOKYO China imported 3,600 tonnes of unwrought copper and its alloys in August, keeping January-August imports at 86,884 tonnes, down 55.5 per cent from a year before, the latest economic statistics showed. China's imports of copper products totalled 21,869 tonnes in August, bringing the January-August total
          63 words
        • Article
          Soybean exports up 245%
          51 27 TOKYO China exported 80,000 tonnes of soybeans in August, bringing January-August exports to 670,000 tonnes, up 244.7 per cent from JanuaryAugust 1993, China's latest economic statistics showed. Total edible oilseed exports were 1.16 million tonnes in January-August, up 102.6 per cent from the same period in
          51 words
        • Article
          China buys more edible oil
          56 27 TOKYO China imported 160,000 tonnes of edible vegetable oil in August, bringing January-Au-gust imports to 620,000 tonnes, up 335.4 per cent from January-August 1993, China's trade statistics showed. Edible oil exports in August were 22,388 tonnes, putting January-August exports at 132,296, up 120.5 per cent
          56 words
    • Article
      COMMODITY PRICES
      1425 27 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS I Contract (S cents/kg) Close Volume Open Month High Low Set! (tonnes) Interest Dec 94 I I 199 50 I 575 Jan 95 195.00 2750 Feb 192.00 3650 Mar 190.50 3050 Apr/Jun 192.50 191.50 192.75 975 ***** Jul/Sep
      1,425 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1158 28 -1.1 AN OFFICIAL interest rate rise in the US failed to inspire a lacklustre bourse yesterday, where shares closed lower. The key All Ordinaries Index closed at 1,940.3, down 1.1 points. The All Industrials Index eased 4.9 to 2,785.3 while the All Resources Index lifted 2.0 to 1,310.7. Turnover
        1,158 words
      • Article
        Manila
        600 28 -26.25 Two new listings yesterday failed to prevent stocks slumping, as lack of fresh incentives prevailed in the market. The PSE Composite Index closed at 2,901.45, down 26.25 Kints. Turnover was 1.85 biln shares valued at 2.61 billion pesos. The performance of newlylisted Aboitiz Equity Ventures (AEV) "failed to
        600 words
      • Article
        Taipei
        510 28 -35.02 Stocks closed lower in lethargictrading for the third losing session, with pulp and paper shares and textiles hit hardest. The 393-issue Weighted Price Index retreated *5.02 points to settle at 6,346.78. Turnover was 528 million shares worth NT521.76 billion. Falls outpaced rises 229 to 58, with 106 issues
        510 words
      • Article
        Seoul
        397 28 -7.05 Share prices finished in negative territory for the second straight day yesterday. The Composite Price Index saw a 7.05-point fall to settle at 1,118.75. Turnover was 42 million shares valued at 940 billion won. Advancers outweighed decliners by 470 to 389, with 112 issues unchanged. Such negative factors
        397 words
      • Article
        New Zealand
        279 28 -4.61 Shares were little changed yev terday after the Federal Reserve lifted interest rates. "People are waiting to see how the US market settles down before they commit any money to this market," said a broker. He said the Fed's latest move hasn't convinced investors that US inflation
        279 words
      • Article
        Bombay
        91 28 +77.38 Buyers returned strongly yesterday to push the BSE-30 share Index into positive territory, climbing 77.38 points to 4,112.87. Brokers the rebound was mainly on renewed buying interest by domestic mutual funds and speculators after sharp falls last week. The broader 100-share index rose 7.39 points to 1,940.11. Brokers
        91 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        773 28 Britannia Funds Sterling Cask Bid Offer Mim Cap Depout J* 6400 38 6300 Mim J mo Gik 0.II93 ***** Mim Mi» Income 0 9100 0 9400 LSS CasJi Income Phn I und tSXH *****0 PS S Rnroe Fund 5 J300 5 3400 SttriiBB kfrit) Euro Performance ***** ***** Far Ean
        773 words
      • Article
        London
        683 28 +11.1 SHARES finished with solid gains, restoring confidence that they could move higher before Christmas now that US interest rate increases were out of the way. "We've seen sustained buying pretty much across the board," said one trader. "I think the test is going to come if US bonds
        683 words
      • Article
        Paris
        141 28 +3*7 French shares turned higher after publication of a smaller than expected rise in the US October consumer price index. Shares had started lower, in line with bonds, as bond yields eased after the Federal Reserve Board had increased its interest rates. The CAC-40 Index closed up 3.87 points
        141 words
      • Article
        Brussels
        153 28 +1.96 Belgian stocks closed higher after the larger-than-ex pected rate increase by the Federal Reserve eased concern over inflation, traders said. The Bel-20 Index closed up 1.% points at 1,393,60 with bank and insurance stocks leading the advance. On Tuesday, after the market had closed, the Fed announced a
        153 words
      • Article
        Milan
        165 28 -38 Light buying interest from domestic funds contained losses on a bourse unsettled by political worries as parliament took a confidence vote on pension spending cuts in the 1995 budget. The government looks set to win a confidence vote underway in the Lower House of Parliament, where it has
        165 words
      • Article
        Zurich
        236 28 +17.5 Swiss stocks rose for a second day as a stable dollar, supported by Tuesday's US interest rate increases, promised to boost earnings at industrial exporters. The SMI Index of 23 top stocks closed up 17.5 points at 2,609.4, off the day's high of 2.618.4. Fourteen stocks advanced and
        236 words
      • Article
        Johannesburg
        355 28 +42 South African share prices fticked up by the close as a irm London market and weaker financial rand boosted most stocks, but golds ended little changed on gold price uncertainty. Dealers said shares were unlikely to show major change in the short term as a lack cf foreign
        355 words
      • Article
        Toronto
        253 28 +0.81 Stocks opened mixed with a negative bias and traders forecast little change through the day. "There's no direction here," a trader said. The TSE-300 Index was up 0.81 to 4,169.73 points in volume of 11.63 million shares valued at Csl24 million. Declines led advances 215 to 181. Traders
        253 words
      • Article
        New York
        830 28 -6.05 Stocks turned mixed amid concern the that Federal Reserve's decision to raise interest rates will slow the economy and threaten corporate profits. Stocks fell as the yield on the benchmark 30-year bond rose as high as 8.09 per cent, near the three-year high of 8.16 per cent
        830 words
      • Article
        Amsterdam
        259 28 -0.11 Dutch shares closed barely changed after gains sparked by a rally in London were dragged back by a nervous Wall Street open. The AEX index closed down 0.11 point at 412.10. Dealers said sentiment in the market was robust and generally bullish, but uncertainty in Wall Street after
        259 words
      • Article
        Stockholm
        124 28 +7.08 Swedish stocks rose for a third day as strong corporate earnings bolstered optimism in the market. "Good results boosted the market," said a trader. "There's a lot of interest in the market right now." The OMX Index rose 7.98 points to 1,184.38. Of the index stocks, 17 rose,
        124 words
    • Article, Illustration
      Lock icon HONGKONG
      2862 29 Bloomberg Business News HONGKONG Stocks were little changed yesterday after the Hongkong Monetary Authority raised its benchmark lending rate by 0.75 percentage point following a similar rise in US rates overnight. Stocks fell in the morning as the rise, which is certain to be reflected in an increase in
      Bloomberg Business News; Source: Bridge Info; Source: Reuter Info  -  2,862 words
    • Article, Illustration
      Lock icon CHINA
      613 29 CLSA H SHARES edged up 0.3 per cent yesterday on turnover of HKS26I million. Dongfang rebounded 5 per cent, after falling 4 per cent on Tuesday. Hai Xing Shipping, accounting for 57 per cent of total market volume, gained 2.9 per cent to HKSI.7S. Shanghai B shares closed down
      CLSA  -  613 words
    • Article, Illustration
      Lock icon TOKYO
      2447 29 Reuter TOKYO The market yesterday welcomed Tuesday's hike in US interest rates, but brokers said the hike was not large enough to cause a major firming of the dollar against the yen. As a result, share indices gave up early morning gains to cross-trades and arbitrage-linked sales. The Nikkei
      Reuter; Source: Bridge Info  -  2,447 words
    • Article, Illustration
      Lock icon BANGKOK
      1841 29 Reuter BANGKOK Stocks ended slightly lower yesterday on profit-taking as the market entered a period of consolidation after the announcement of a 0.75-point hike in shortterm US interest rates. The SET Index lost 7.70 points to 1,489.15 with 6.6 billion baht of shares changing hands. The market, for weeks
      Reuter; Source: Reuter Info  -  1,841 words
    • Article, Illustration
      Lock icon JAKARTA
      1122 29 Reuter JAKARTA Stocks closed mixed on weak sentiment yesterday. with the market lacking direction following the interest rate hike in the US. Brokers said weak market sentiment also dragged down the debut of Suparma by almost 23 per cent to 2,675 rupiah compared to its IPO price of 3,500.
      Reuter; Source: Bridge Info  -  1,122 words
    • Article
      CLOB INTERNATIONAL
      2485 30 WCT ACTlVt. voMrx Idris Hyd 50c 7.927.000 KL Industries 7,718,000 v MBf Capital 7,298.000 Asia Pac Ld 4 420.000 Promt! 3, 03,000 Mulpha Intl 50c 3,448,000 Peai Msia 3.098,000 IndOxygen Wt95 3.030.000 Beriaya L Wt99 2.926,000 Golden Plus H 2.679.000 Kulim (M) Wt99 2.579.000 Multi-Purpose 2.202,000 Berjaya Group
      2,485 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Inflation worry still weighs on market
        6299 30 Bloomberg Business News KUALA LUMPUR Stocks fell over investors' concern that the latest rise in US interest rates by the Federal Reserve Board won't be enough to check inflation. "The Fed failed to promise that this would be the last increase this year, and
        Bloomberg Business News; Source: Bridge Info  -  6,299 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8005 31 Gf Gf M Wl Lot V.I Day Last Quote Di. Dt» VM Net (>| A.g Hick Low Sak C«00) High L®« Bayer Seller CV P/E Wl Price INDUSTRIAL AND COMMERCIAL 720* 417.5* mt s Acma 50c J25 unch 126 5JS 525 525 540 8 8 4.7 0.8 16 8 723.7
        8,005 words
      • Article, Illustration
        Lock icon Rally stalls as investors mull over US rate increase
        1891 32  -  By R Sivanithy SINGAPORE After rising for two days, the stock market took a breather yesterday, as investors turned cautious while examining the implications of the latest hikes in short-term interest rates in the US. In trading that was for the
        Charts by Bridge Info; Source: Bloomberg  -  1,891 words
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      181 21 NEWS VALUE (JOB ops prime, others set to follow (pg I) Interest rates still relatively low but could start exerting downward pressure on stocks, particularly property companies. Analysts hopefni Ferf's largo rate bike will slow growth (pg 0 Stock markets now have to worry whether the rate hikes could be
      181 words
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      137 23 Your partner in the East Asian markets: NORD/LB Singapore. Singapore is an attractive and dynamic location offering very interesting prospects. For j companies and banks alike. Reason enough for g us to set up our new Singapore branch. As I *I J one of Germany's leading banks, NORD/LB V I
      137 words
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      366 24 lk~l JOSEPH GOH 1 Ijyl MARK NEO SEE SHIR LI Information Services Executive B Information StfviCM Eitcutivt I Informition Sorvictt Eitctitivc I v Electronic Information Services B Electronic Inlormetion Services I Electronic Informetion Services *****01 *****11 *****21 1 Integrated Information Pte Ltd Integrated Information Pte Ltd Integrated Information Pte Ltd
      366 words
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      466 25 Astronomical cost has kept the future of personal communications up in the air. T TA "1 Today's market is clamoring for Y V Y I truly portable, global personal comJ munications. But the costs of such a "I system costs that will ultimately "1 come out of the consumer's pocket
      466 words
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      175 27 We provide shelf 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
      175 words
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      Page 27 Advertisements Column 2
      40 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies St Markets. Everyday
      40 words
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      Page 29 Advertisements Column 1
      139 29 ■u I Over 30 years of experience has led S venson to the Single Hair System S venson Hair Center has helped thousands of people counteract hair and scalp nfimm problems with their unique formulations based on research gathered from leading V \P. institutions the world over. With years of
      139 words
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      0 30 -.__:?,!}^/(\*+!<~-&-_*:''/.[`^
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      84 31 (K&A SINGAPORE THE HOUR GLASS Takashimaya Shopping Centre Tel *****20 Lucky Plaza Tel. *****62 Scotts Tel. *****27 Centrepoint Tel. *****98 Peninsula Plaza Tel *****09 Raffles Hotel Tel *****41* World Trade Centre J/ Tel *****51 Changi Airport Terminal 1 (West Wing) Tel *****60. Terminal 2 (South Wing) Tel *****81 MALAYSIA THE
      84 words
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      38 32 To most people, flying is a dream that came true long ago. To us, it comes true every day. Lufthansa siir i ■r i mm* 'H rfe Ol v v 2 S I Let us sl|)w t ImuM
      38 words
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  • Shipping Times
    • Article
      Wimpey and Fugro in marine environmental consultancy tie-up
      269 33  -  By Alec Almazan SINGAPORE The Singapore office of UK oceanographic company Wimpey Environmental and the New Zealand-based Fugro Group will establish a joint-venture company specialising in marine environmental measurement and consultancy. The new company will be called Global Environmental and Ocean Services
      269 words
    • Article
      Lock icon UK govt urged to invest more in shipping
      156 33 Knight-Ridder LONDON The president of the UK Chamber of Shipping, Sandy Marshall, on Tuesday called on the Chancellor of the Exchequer, Kenneth Clarke, to step up investment in British shipping. At the annual dinner of the Glasgow Shipowners' and Shipbrokers' Benevolent Association,
      Knight-Ridder  -  156 words
    • Article
      Lock icon Indonesia's Pulau Laut bulk port to be largest in S-E Asia
      351 33 Knight-Ridder JAKARTA A deep-sea bulk port now being developed on the Indonesian island of Pulau Laut will be South-east Asia's largest and will serve as a regional trans-shipment facility, a company executive said on Sunday. An initial phase of
      Knight-Ridder  -  351 words
    • Article
      Lock icon 2 more ships at Bedi to load export cargo
      132 33 Knight-Ridder BEDI, India Two vessels to load export cargo of oilseed extractions berthed at Bedi port late on Monday night, taking the total number of vessels at the port to 13, officials said on Tuesday. The port has 39 barges, including
      Knight-Ridder  -  132 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      744 33 Page Col Accord Group 8 1-3 •Ahlers Lines 13 5 Ahrenkicl Liner 4 1/2 •AFL 5 4/5 •Appenship 4 4/5 •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
      744 words
    • Article, Illustration
      Lock icon Freighter flounders in Florida
      51 33 Reuter MIAMI, Florida The freighter Firat from Istanbul, Turkey, sitting 30 metres from Fort Lauderdale Beach on Tuesday as beachgoers walk the windswept shoreline. The Firat ran aground due to heavy wind and surf from tropical storm Gordon, which is pounding the southern portion of Florida.
      Reuter  -  51 words
    • Article
      Lock icon US court rejects shipping firm's suit on pension payment
      217 33 Bloomberg Business News WASHINGTON The Supreme Court on Monday rejected a shipping company's lawsuit seeking to clarify how US federal pension laws apply to mergers and to companies that rely on other, independent firms to supply some workers. Safbank Line Ltd,
      Bloomberg Business News  -  217 words
    • Article
      Lock icon HK Shippers' Council slams new terminal gate charge
      154 33 Knight-Ridder HONGKONG The Hongkong Shippers' Council yesterday advised its members to consider not paying a new levy known as a terminal gate charge, the council said in a statement. "Although the levels of the gate charge being imposed are not high, we
      Knight-Ridder  -  154 words
    • Article
      DAILY FREIGHTS
      1370 34 THE Baltic Freight Index for spot dry cargo shipping rates stayed at 1,830 on Tuesday from 1,830 on Nov 14. Prompt Panamax rates remained firm in the Atlantic although details were difficult to confirm and rates for December tpnnage were still fairly steady, brokers said. The 1993-built, 73,65
      1,370 words
    • Article
      THE SHIPPING GUIDE
      11065 42 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. LE6END PN: ship calls at Penang after
      11,065 words
    • Article
      SHIPPING AGENTS
      3288 47 A jjLm.lK C on tai tier line NV: Belsin Shpg Agencies Pte Ltd (SV Marine Handling Sdn Bhd (Pk/PN). 4gmrd Group: Accord Shpg Pie Ltd ■■pAAcvord Contr Line (PK/PN). Adkris Business C orporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel I jner Service: Kim Shpg *rdg (S).
      3,288 words
    • Article
      COURIER SERVICES
      279 47 Abacus C ouriers Td: 545-8011. Fax: 545-1898. Air txpreu 1 ra»el Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844 Fax: 542-3716. *****80 Air*wilt Worldwide Courier Td: 278-0188 Fax: 273-8283. AJS Supplies Td: 748-6322 (2 lines). 747-7421. Fax: 742-8975. Cit)-Link International Tel: 344-3377. Fax: 345-6450. Cluster link Supplies
      279 words
    • Article
      AIR FORWARDERS
      1543 47 Abex Express Freight Tel: 542-7171. Fa* *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Acti»air Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Now Express Td: 542-5454. Fax: *****06 Air Express International Td: 542-7666 Fax: *****74. *****50. Air
      1,543 words
    • Article
      PORT CONDITIONS
      2541 48 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, 1 linex, 1 byproducts, I discharging. 1 vessel in roads, 28 vessels due at 9 terminals during the coming week. Kosario:
      2,541 words
    • Article
      CRUISE & FERRY SCHEDULES
      887 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Drp Name of Vessel ETA t I'D Ports of Calls Port Agent Telephone No NOVEMBER 17 17 Dclfin Star 0730 2100 Cruise to Nowhere Harpers Shipping 221-1388 17 17 Renaissance I 0800 1100 Penang Renaissance Cruises 222-3388 18 18 Delfin Star 1000 2100 Cruise
      887 words
    • Article
      SHIP SALES
      665 48 FOLLOWING the comments in n last week's report regarding the panamax bulker Delphic Flame 65,000 dwt and built 1982 it transpires that she is sold at U5513.95 million to Ropner Shipping Services. These u buyers had been actively seeking such tonnage for some time and had been linked
      665 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        568 49 Voy Wo Borth Wg Ptparttft VmmI Voy No Berth Arrival Departure Juroog Port Bfitt Ann 11/94 P04 1711/1830 1A11/1400 *a 15/8 113 1711/2300 Canopus 0/WB P06 17 11/1300 1811/0800 Batam Bategia 11/04/94 J7 akx«side 17.11/0300 Cumbrian Dp 51 P07 1 711/1900 2011/1700 tando 11/06/ 94 II alongsrie
        568 words
      • Article
        CONTAINER SCHEDULES
        1319 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinc/BaUnce Rsits SMp Voy No Etb/Btr Period From To From Aa lade 212B 18/1100 IB 16/1500 16/1659 16/1900 3 17/0700 17/1159 17/1400 4 17/1200 17 1459 17/1700 Aa li|t 056A 19/1500
        1,319 words
      • Article
        COCKETT BUNKER MARKET REPORT
        901 49 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 changc and
        901 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        566 49 Carbon Caftan Hoy 10 Draty Water Residue Ash Airman Sedkmnl Dmly Mater Rcata Ml Afeatoan Safest M M WU EUMI Ew» KG/IT3 V/V M M M M PPM method RG/IT3 t V/V M/M M/M PPM method Jk Eastern USA 180 Ave 983 0.3 13 3 008
        566 words
    • Article, Illustration
      Lock icon Specialisation helps shipbuilders compete
      1701 50 The Netherlands is still one of the world's main shipbuilding countries, second only to Germany in Europe Lloyd's List THE Dutch shipbuilding industry is still up with the main players in the world's shipbuilding table for the number of ships on order. According to figures recently
      Lloyd's List  -  1,701 words
    • Article
      Lock icon US safety board urges greater supervision of commuter airlines
      996 51 NYT THE US National Transportation Safety Board said on Tuesday that commuter airline pilots fly more hours than ma-jor-carrier pilots but receive less training. less help on safety issues, less help from ground personnel and less rest between flights. The board
      NYT  -  996 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Regional aviation summit to look at changes in industry
        374 52  -  By Juliette Walker SINGAPORE Public aviation officials and private airline executives will gather here for a summit next year to examine major changes confronting the industry. The two-day conference, on April 27 and 28, will look at issues related to "managing
        374 words
      • Article
        TNT to open operations centre in Woodlands next year
        389 52  -  By Alec Almazan SINGAPORE Air express company TNT Express Worldwide plans to open an operations centre in Woodlands towards the last quarter of 1995. The company is setting aside $65,000 for the lease and start-up cost of a 6,000 sq ft
        389 words
      • Article
        Lock icon British Airways seeks Asian cargo hub
        253 52 Reuter LONDON British Airways pic is looking at the possibility of establishing a South-east Asian cargo hub, according to BA's UK and Ireland cargo manager. "We have got to increase our (cargo) capacity from the key South-east Asia/Pacific Rim area, that will continue to
        Reuter  -  253 words
      • Article
        Lock icon Ford, US firm in electric car conversion project
        267 52 AP DETROIT Ford Motor Co is working with a California company on a project that might lead to Ford-endorsed electric vehicles that don't become electric until after they leave the automaker's plants. Ford would build "gliders", cars or trucks without engines, fuel
        AP  -  267 words
      • Article, Illustration
        Lock icon BMW chairman leaves his mark
        66 52 Reuter GREER, South Carolina Helmut Panke (right), chairman of BMW (US) Holding Corp, signing the roof of a new BMW saloon during opening ceremonies of the new manufacturing facility near Greer on Tuesday, as Bernd Pischetsrieder, chairman of BMW AG (left) and Allen Kinzer (centre),
        Reuter  -  66 words
      • LOG BOOK
        • Article
          Lock icon Japan export ship-building orders soar
          102 52 AFP TOKYO Japan s export ship-building orders in October soared 264.6 per cent from a year earlier to 909,870 gross tonnes, the Japan Ship Exporters Association said on Tuesday. The number of ships ordered in the month reached 20, up from six in October of
          AFP  -  102 words
        • Article
          Lock icon Philippine truck strike settled
          56 52 Reuter MANILA A strike by hundreds of truck owners and drivers was settled on Tuesday after Manila officials eased a ban against trucks to reduce the Philippine capital's traffic congestion. The strike, which began on Nov 7, was over government plans to ban trucks from Manila's
          Reuter  -  56 words
        • Article
          Lock icon GM in talks to make cars in China
          64 52 Reuter NEW YORK General Motors Corp is in talks with China North Industries Group to make family-size automobiles in China, the Wall Street Journal reported on Tuesday. GM hopes to start production of Opel's Corsa model by 1998 or 1999 in a
          Reuter  -  64 words
        • Article
          Lock icon Hatch falls from US plane on takeoff
          98 52 NYT NEW YORK A cockpit emergency hatch flew ofTan American Eagle commuter plane on Monday, seconds after takeoff from Kennedy International Airport, injuring no one but frightening 13 passengers and three crew members. The aircraft, a twin-engine turboprop with 36 seats, was bound
          NYT  -  98 words
        • Article
          Lock icon Cathay Pacific's dual-language audio
          85 52 AFP HONGKONG Cathay Pacific Airways said on Tuesday it had become the first airline to introduce dual-language audio for Chinese-language movies. The Hongkong-based airline company said the system avoided the use of subtitles by providing dual-lan-guage audio one channel in English, the other the original dialogue
          AFP  -  85 words
      • Article
        Air Traffic Control Service receives international medal
        197 52 SINGAPORE The Singapore Air Traffic Control Service has been awarded the International Civil Aviation Organisation's 50th Anniversary Medal of Honour. At a ceremony yesterday at the Singapore Aviation Academy, Minister for Communications Mah Bow Tan presented the award to the ATC Service. The
        197 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1738 52 «i nm jg nm n» Abu DfcaM GF146 1110 GF147 1850 SQ441 1455 GA975 1520 GA883 1545 QF81 1930 QF82 2050 SQ228 2035 Amsterdam KL843 0545 SQ26 2355 SQ25 0635 KL838 2335 GA975 1520 KL837 1450 Athmw SQ347 0705 Auckland SQ286 2035 BA11 1350 SQ288 2045
        1,738 words
      • Article
        Lock icon US official praises China's progress in aviation security
        389 52 AFP BEIJING A senior US aviation official praised here on Tuesday strides made by China in improving airline security and flight safety, dismissing the country's reputation as a plane passenger's nightmare. "We have every reason to believe that the security of airline
        AFP  -  389 words
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      50 33 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama HotifHg *****30 Specialisation helps Dutch shipbuilders compete, Pg 18 US safety board urges greater supervision of commuter airlines, Pg 19 Regional aviation summit to look at changes in industry, Pg 20
      50 words
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      Page 33 Advertisements Column 2
      27 33 Line* and service* represented by /^S»X Members of the Registry of AccredHed (?®MI3 Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contact Shu** Times Tel 740-2089/740-2090
      27 words
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      Page 33 Advertisements Column 3
      40 33 THE jg FAMOUS »on BESBnil 224 1833 For more information pletw refer to Pg. IS c STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE m BusinessDmes WE mow ASIA
      40 words
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      1847 34 msmWaa*. f import.... import.... i 5L 55! u m g g 8,1 -WW" g 5 ««»an «sa rw« mamma Mammo wok mwo mwos wimwilw paojwacua mw, w teaameus" oa*la*> tancouki ——lunu F —stoic c*rom« phase n-w.n 112 112 7.12 112 (.12 112 7.12 7.12 11.12 amtotub dm 17.11 1112 1112
      1,847 words
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      2213 35 mm OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SON. BHO. 200 CANTONMENT ROAD. #12-05 SOUTH POINT, SINGAPORE 0208 PETALING JAYA TEL: 03-*****7# FAX: 03-*****42 CPS: 03-*****42 CR NUMBER: **********0 C PENANG TEL *****4 FAX: *****1 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) IP H TEL **2703/4 FAX: *****6 CUSTOMER
      2,213 words
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      Page 35 Advertisements Column 2
      1714 35 ■□BmEHßza RESUME ACCEPTANCE TO HAITI MATHILDE MAERSK V.9502 ETA SIN 22ND NOV 94 Vessel Voy ETA ETD DESTINATIONS Next week MATHR.DE MAERSK V 9602 —w— cv 22/11 0800 hrs CFS 21/11 2350 HPS OAK LOB SFO MEM ATL MIA CHS BAL PHL NYC TOR MATHH.D€ MAERSK 9502 22/11 23/1 1
      1,714 words
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      Page 36 Advertisements Column 1
      1429 36 R DAM LI SOUTH- PORT II VOY WO HAMBURG ANTWERP HAVRE AMPTON KELANO S PORE HKQ KAO TYO SHI KOfl NAO KITAWO 27/443 29/10 31/10 2/11 2«/10 20/11 24/11 28/11 30/11 6t.BE ***** 5/11 7/11 »/11 3/11 27/11 30/11 2/12 5/12 6/12 6/12 THAMES ***** 6/11 10/11 12/11 29/11 6/12
      1,429 words
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      Page 36 Advertisements Column 2
      525 36 gsm■pHHßk IS" pore P.Kelang Loading WORLD ARGONAUT IN PT 16/11 Rdm/Atw/UK/Nantes BALA BAN 1 20/11 25/11 Ram/Atvn/UK/Nantes H •Loads E./W. Malaysia. Indonesia I Loading for PAN RISER Oubai/Bahrain/Damman/Kuwait I SADANK ALKAVAN Jeddah/Aqaba •Loads Singapore. E./W. Malaysia. Indonesia M I Loading for STAR MAN Los Angeles/New Orleans/ I Charteston/Norfolk/Camden H PAN
      525 words
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      Page 36 Advertisements Column 3
      1242 36 I NORASIAI I" VBL/VOY SIN AtG BCL VAL HAM BRE ROT AN^^^FE^^^LHi^^ HON ASIA KCL 9445-3 17/11 OC/12 09/12 10/12 10/12 U/12 12/12 13/12 15/12 is/i» I Si. rtoc 446*1 25/11 15/12 U/12 19/12 19/12 20/12 21/12 22/12 24/12 24/12' I NONASIA HONGKONG 9447-3 01/12 20/12 23/12 24/12 24/12 25/12
      1,242 words
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      1382 37 i STRAITS SHIPPING PTE LTD fIQI JigV 10 Hoc Chiang Road #11-01 Keppal Towers Singapore 0208 Tel: *****88 Fax: *****17 4 HUMWiWHiHIMMjMIJMBMiIjiIIJIW h&k& WW OUINIA PACHFICUNi" flGO? (A SERVICE OF CHINA NAVIGATION CO) S TS ouc mas SEE?* «nu«!» tL*?*" £15 E 15 E2E FCt tct COWTAWK w utK M,mct
      1,382 words
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      Page 37 Advertisements Column 2
      2942 37 j)H|A|*C P&O Container* (Singapore Agencies) Pte Ltd 10 Hoe C hiang Road. #07-01 Keppcl Towers, Singapore 0208 First Class Connections WORLDWIDE ™7 2> j» 3 pnoosp.f,,: 225 5327/222 7517 "TT P! I 731 I J-« t —l m lyr.?,— 1 VfSML VOV 'MM 'MO UN SOU ANT HOT HAM OOT
      2,942 words
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      Page 38 Advertisements Column 1
      611 38 ifik EKA JAYA AGENCIES >9lor TEL: *****22 (8 LINES) FAX: *****05 m SALES REPRESENTATIVES IN CHARGE t. I PAPER [MAWPPHOWt/MHecrn •> HtHfiT not uaam 72TM«/M4W4 BKYW Ch*N 21XW25 HMOKZa— MANQJ tmm txjnimaaaM WITH To: MONO KONG, SHANGHAI, XINGANG q QINGOAO kSlmr dam auuH >i m von KKW aram Una lam
      611 words
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      Page 38 Advertisements Column 2
      1124 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOK m SM LM HAUt StA m PO* fOt «l »U* «UI SA* AM RYC HAN IN KAOKSIUNG 02K 2«/U 0«tC! 15/12 1«/12 17/12 HAIUM BUSAN 14S 20/U M AIKDCA OIK 22/12 23/12 25/12 HANJN 10NGKACH
      1,124 words
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      Page 38 Advertisements Column 3
      74 38 CHAHAYA VR ft THADWfi CO. PTt LTD T»l: *****13 (6 UnM) Fax: *****68 Tlx: RS ***** VIE TNMNLBAIMK OK, INDONESIA CONVENTIONAL SERVICES VESSEL ETA ETD KtIMIM SAN NALE 27/11 WII CHAHATA SEIATI U/ll 20/11 KURNA SEIATI 20/11 21/11 J***" 1 NORTH STAR 22/11 24/11 "J""* WAG A M 25/11 27/11
      74 words
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      Page 38 Advertisements Column 4
      1366 38 Iru s® ksc mc klg w m o» w w ito uu oe ml mc tm w« km nr hk no cw nu sgp I E. GROWTH H 047 21/11 25/11 7/12 «/U 1/U 11/12 10/12 22/12 J/1 5/1 0/1 U/l 17/1 U/l »/l 20/1 10/1 »/2 11/2 15/2 B
      1,366 words
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      Page 39 Advertisements Column 1
      2720 39 J DIRECT WEEKLY I? EVERY THURSDAY Mt—tv M Willi il am— 111. II o**> COS TAR SHIPPING PTF I Tit r l* M r 4 ;»IIM CmMmt: «OM4I/944 Comtmtmr Src —M: 4205*02 OptrXlM CMlakw; 4205/1 I _VJ D TW«r: ***** COSMIP ComatM; *****40 O/O: *****05 Convmtloms!42os74o J CO Ate 117»*****00
      2,720 words
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      Page 39 Advertisements Column 2
      761 39 A I MULTILINE SHIPPING PTE LTD ■V (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 > BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
      761 words
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      Page 40 Advertisements Column 1
      1262 40 AS AGENTS: "K" LINE (SINGAPORE) PTE LTD (CD NO: **********0M/fiSl R€G MO: M 2-*****99-6) TEL: *****77 TELEX: KAWAKI R*****5 FAX ******0/7/8/9 I W MALAYSIA: "K" LINE MARITIME (MALAYSIA) SON BHD I B Jj W*j TEL: SA *****00 PK *****75 PEN *****20 JB 223*0.1 PGU *****25/6 1 W A INDONESIA: P.T.
      1,262 words
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      Page 40 Advertisements Column 2
      926 40 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N' 6TRAITB SHUTTLE BBRWCE aj PORT KLANG PENANG VESSEL VOY SIN PKL VESSEL VOY SM PEN VIGOUR SWGAPORE ***** 17/11 (THU) 18/1! (FRI> SEA LAUREL 3391, 23/U (NEO) 25/11 (FIB) J BAUHNA 9400J* 18/11 <FW> 20/11 (SUN) MCC CONVEYOR
      926 words
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      Page 40 Advertisements Column 3
      253 40 GOLDEN LINE JV IKGGNV GUAN GUAN swung Es£S\ pTE > LTD 1 21. T«M «T« StrMt SKAPORE 0104 ra. U43MS (It IKS) fm SJOSM (a Hi. ltiaiimwr) tTRAITI/FMUMAK OULF IMTig S'pore P. Keiang Penang GOIHN HARVEST Karachi/Dub»/K««»t 20/22 Nm l GOIKN GRACE Karachi Dubai, Kuwait l/l Dk > CHINA IMTICI
      253 words
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      Page 41 Advertisements Column 1
      934 41 PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cecil Street, #03-00 PIL Building, Singapore 0106. cnNO **********0E I VOY SIN CMB JIB MOO JED AOJ PZU MBW ASA ADE KOTA W IRA WAN WRN49B 1/12 8/12 12/12 14/12 IS/12 27/12 13/12 IS/12 20/12 KOTA BERANI BRNIIS 9/12 14/12 21/12 22/12 24/12 27/12
      934 words
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      Page 41 Advertisements Column 2
      921 41 KSSEIS w* SN H mm HAMBUtG THAJ4ES ItOTTtrom ANTWERP WUE K IW« IQtW 21/il 13/1? 14/12 lt/12 17/1? 19/12 mt PC CAWM CMN 29/11 21/12 22/12 24/12 25/12 27/12 WUE HE SAatlA sotw 06/12 21/12 ?>/!? 31/1? 01/01 03/01 otue« aquia mm 04/Qi os/oi 07/01 o«/oi 10/01 •Also ACCIPIMG CARGO
      921 words
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      Page 41 Advertisements Column 3
      617 41 I BSA jT Ml MYANMA iflBßk five star line (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.KIf Pen P.Gdf PMTA VI36W SAR.ED M PT HPA-A* V2O6W 20/22 Nov PAGAN ¥215* 15/17 No* MALAYSIA AGENTS BOUSTEAD SHPWNC AGENCES Rfc ia 02-03-*****00 MIL: TEL 02-03-3(1(7(7 IW: TEL 02-04-*****2 PGD: Til 02
      617 words
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      Page 44 Advertisements Column 1
      1549 44 -W|j^3^M^raß^BjMa^^^J^PMM||a|w||ylHffiMMH|^^^^^BmkWJJttUj|B@HßBßß^t a 3^al^^l MMM^^ j, Fcnn Inal km I mothu vsi Istokl oh rtm mm am fir wi m stobi wc WBM kok swbi ngo ton ru khm BSt/DBM 4101/4501 12.11 12.11 ND. AFRICA 2404 15.11 83.12 04.12 0112 07.12 01.12 W. OCtAMA 1434 It 11 17.11 20.11 24.11 20.11
      1,549 words
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      Page 44 Advertisements Column 2
      1074 44 IFOR BOOKING 1800-*****00 (TOLL-FREE) CKJTXXJMO m UK MM SW M WG W Ktt ypn IHT WW «< 0» Pi WS MCOSIANQ3S 14/11 15/11 17/11 MM/11 23/11 24/11 26/11 27/11 WAN MAI 206N04C 17/11 18/11 19/11 2121/11 25/11 26/11 ?«7TT 29/11 04/12 05/12 06/12 i I WAN HH 216N009 21/ll" 22/11
      1,074 words
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      Page 45 Advertisements Column 1
      514 45 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 21/11 ROTTERDAM 21/11 j AARHUS/COPENHAGEN 21/11 HAMBURG/BREMEN 21/tl J MARSEILLE/FRANCE 22/11 FELIXSTOWE/UK 21/11 BARCELONA/SPAIN 18/11 LEHAVRE/FRANCE 23/11 j GENOA/ITALY 19/TI ANTWERP/BELGIUM 21/11 ?*ll I^WA!! IVM Itl LOS ANGELES/WC/tPI 20/11 SYDNEY/MELBOURNE 18/H i NEW YORK/EC 20/tl
      514 words
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      Page 45 Advertisements Column 2
      844 45 B l WANTA BHtJM 220N 8«t It/11 Ty 22/11 WAHA BHUM MM W«d 23/11 81 28/11 THnhfl BffltM MN Ty~ 22/11 Tim 24/11 H 14N Sun 20/11 W»d 23/11 ISRA BHUM 788 Fri 2S/11 W«d 30/11 tmfM Fri~ 24/11 tot M/ 11 H B[||XETHA BHUM 7SM Mon 21/11 Thu 24/11
      844 words
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      Page 45 Advertisements Column 3
      205 45 CiKfirt—<f Smlltng* to:|BANGKOK/IAEM CH«ANG/IAOS| 19/11 (MT), 22/11 (TUE) PORT KEIANG/PfNANG 24/11 (THU). 11/11 (FIB) 'HONG KONG 11/11 (Till), 22/11 (FM) JAKARTA 19/11 (SAT) MANLV CIBU/SUaC BAY 21/11 (MON) HO CH MNH 11/11 (FM) SURABAYA 20/11 (SUN) MM 21/11 (MON) MADRAS 27/11 (SUN). 24/11 (THUK) P DONGNAMA LINE WS*l (MB) I*
      205 words
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      Page 45 Advertisements Column 4
      573 45 UTEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E J Vmml VOT _tTA Loading Par Abbay Wool 41WS In Porl Mom Mm, Djibouti A tub Massawa J Araknet 37W8 15/01 Mombasa. Djibouti Awt. Massaws H ItffH HUH 6 HHf f FULLY CONTAINERISED REGULAR UNER
      573 words
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      Page 46 Advertisements Column 1
      284 46 KM|MN CONTAINER LINES, INC I iSNSAV- AflWltt: MAC-NELB SPORE: *****22 (24 LINB8) > 'Qjn Mm imumun BIBU (064) *****9 KUCHINQ (082) *****3 PINANG: (04) *****6 BANGKOK (062) *****67 MANILA (632) *****61 P.KjLANQ: (00) *****77 JAKARTA: (21) *****07 BURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK
      284 words
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      Page 46 Advertisements Column 2
      268 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ih u« SM« rail KUMIG PI HANG aui l«K 20/11 lg/ll loading tor Mile KUVM HUOHU 28. 11 loading tof Dubai MUM 1//U to Po( loading Fo» Male nouii sum* jo/ii loading Fof Malt UNMKDH 17/11 loading for Male rtOGMSS UKRIY 30/11
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      Page 46 Advertisements Column 3
      432 46 ~K THONG SOON UNES PTE LTD I C iPcN 78 SHENTON WAY #10-01, SINGAPORE 0207 I \y \y TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER CABLE: TOSOCO SINGAp Q RE T0 SARAWAK T?THA?LAND VtSStL VOT S'POtE ICST VESSEL VOY I S'PORE IBAWCKQK IH 144/4E 17 NOV KUCHING EQUATOR
      432 words
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  • Page 50 Advertisements
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  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      448 51 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [PNA fSE PGD VESSELS VOY SIN RIM MIT lEH HAM BREJ FEL 16/11 11/11 19/11 SI MAHNER 313W 21/11 09/12 11/12 IOTH H712 ***** *****" 23/11 25/11 26/11 H. MNOVATOR 312W 28/11 16/12 IS/12 17/12 1»/12 1«/12 20/12
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      Page 51 Advertisements Column 2
      352 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS HI SSI HDTV II UIC U W JUT COSMC MASTER 21 11/11 WMU ADMATM 2 19/11 a/u anon uu i 20/11 22/11 OCEAN NIK I 24/11 2S/U 21/11 UWSON nu« 11 21/11 EASTERN KARI 21/11 */n KJMBAI 29/11
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      Page 51 Advertisements Column 3
      666 51 TO DOT SW ETA/P LAI OAK ICH I DAL MEM/Ca IHOU I NYC NOR IQOtY HUDSON BRDGE 70A 17/11 /10/11 04/12 06/12 07/12 01/12 ot/12 08/12 M/ 12 10/12 ALLIGATOR WCTORY WA 24/11 /2S/11 11/12 13/12 14/12 15/12 15/12 10/12 10/12 17/12 mackwac brdge MA 01/12/02/1210/12 20/12 21/12 22/12 22/12
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  • Page 51 Miscellaneous
    • Miscellaneous
      Page 51 Miscellaneous Column 1
      310 51 TODAY'S TIDES (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 ft 2.4 2.1 1.6 1.2 1.0 0.9 1.1 1.5 2.1 2.7 3.0 3.0 2.7 2.3 1.7 1.1 0.7 0.5 05
      310 words
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