The Business Times, 23 November 1994

Total Pages: 50
1 50 The Business Times
  • 13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 010/12/93 Wednesday November 23 1994 75*
    13 words
  • 2 am LATEST
    • 39 1 Bloomberg Business News WASHINGTON Business demand for loans continues to grow even as interest rates edge higher, the Federal Reserve's November survey of senior bank loan officers at 81 institutions showed. Bloom-
      Bloomberg Business News  -  39 words
    • 47 1 Reuter BRUSSELS Europe has to to relax its defensive stance towards Asia, European Development Commissioner Manuel Marin said yesterday. Europe still thinks of Asia in terms of "dumping, aggressive competition and emerging economic perils", he told the European Parliament. Reuter
      Reuter  -  47 words
  • 163 1 Stock market indices Tnesday Change STII 2.270.05 -51.94 KLSEComp 1.026.18 -19.20 Nikkei 18.962.99 -158.73 Hang Seng 8.948.43 -354.81 SET Index 1.402.38 -37.78 Jakarta Comp 498.66 -8.00 CLSA China B 1.055 23 -30.63 Aust All Ord 1.877.7 -31.8 FTSE 100 3078.7 -42.3 Tuesday Previous 1 pm EST close Dow
    163 words
  • 501 1  -  By R Sivanithy SINGAPORE The local stock market buckled yesterday under the pressure of rising interest rates and severe softness around the region, with the Straits Times Industrials Index tumbling to its lowest level in three months. The STII fell
    Source: Bridge Info  -  501 words
  • 156 1 Reuter NEW YORK Blue-chip stocks were on the defensive but were recovering from their worst levels of the session, in a continuation of Monday's steep scllofT. Analysts said program selling took the Dow index down at the opening, until it had declined more than 30 points
    Reuter  -  156 words
  • 305 1 SINGAPORE DBS, OUB and Tat Lee raised their prime lending rates by half a point yesterday, bringing to a close the latest round of rate increases by local banks. DBS and OUB raised their rate to 6.25 per cent, while Tat
    305 words
  • 437 1  -  By Lee Han Shih SINGAPORE A company controlled by the Hong Leong group will soon be floated at the New York Stock Exchange at a market worth of just under $500 million. The company is China Yuchai International, incorporated in
    437 words
  • 255 1 AP Reuter ROME Italian Prime Minister Silvio Berlusconi was placed under investigation yesterday for the alleged bribing of tax authorities. Opposition politicians called for his resignation but his aides said he had no intention of resigning. Mr Berlusconi said in Naples, where he was
    AP; Reuter  -  255 words
  • 359 1  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA might soon allow "stock borrowing" whereby investors could borrow shares from other parties to shortsell on the stock market, Securities Commission (SC) chairman Dr Munir Majid said yesterday. "We could well introduce stock borrowing so
    359 words
  • 442 1 Reuter Bernama KUALA LUMPUR Malaysia's central bank. Bank Negara, intervened heavily to push the US dollar down 130 points against the ringgit. but foreign exchange dealers said the US currency could climb back on year-end commercial demand. "Negara
    Reuter; Bernama  -  442 words
  • Page 1 Advertisements
    • 209 1 o o OISERINI. J m mrj </ (i /> r 'W News Ci«mwil»i S"pore News 2 Spore-M" sa 19.20 Report* News 3,4,5.7 Financial v 24 World News 10. 11 Festam Markets An*ss 17 CW./W.SE, S£S »30 Cdrtorial 16 **&xvi .26 SpQfts 14.15 World .26 TV/Lrfestyte 13 Currencies 24 Siiw/Commo „flg
      209 words
    • 25 1 Regional Analysis: Pg 17 The task ahead for Apec PM Goh in NZ, Pg 2 Apec: Obstacles to Osaka Brierley on lookout for joint ventures
      25 words
    • 20 1 Hock Lock Siew: pg 19 T Did Ho Hup investors overrgqefc Jardine companies worst hit in HK sell-off, Pg 21
      20 words
    • 117 1 r 1 'Bottorfrkine: Pg is —fgj— bourse a big step forward t -f~ i Years' Expertise Work For You 111 1 fl TRADE IN YOUR COPIER FOR UP TO tf 200 For enquiries cilt Jenny at mmhhmh Singapore s office Sim SINGAPORE PTE LTV BJk 1200 Depot Road #07 22/27
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    • 11 1 TEMPO RAR VitPER MANENT PjggfljjS KL investment analysts rapped, Pg 3
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 323 2  -  By Teh Hooi Ling GROSS domestic product growth will moderate in the next six months but remain healthy, a survey of manufacturers' business expectations indicates. Survey data on orders received, stocks of finished goods, average selling prices and deliveries overseas are reckoned to indicate the level of
        Source: EDB/Dept of Statistics  -  323 words
    • 517 2  -  PM Goh's official visit to New Zealand Reports Alvin Tay in WELLINGTON THE ROAD to Osaka will be a fairly difficult one for the 18 Asia-Pacific countries which signed last week's Bogor declaration, Singapore Prime Minister Goh Chok Tong said yesterday.
      Reuter  -  517 words
    • 428 2 THE prime ministers of Singapore and New Zealand yesterday urged companies in both countries to work together in the region. Speaking at a state luncheon in his honour, Singapore Prime Minister Goh Chok Tong said he was pleased to
      428 words
    • 463 2 NEW ZEALAND'S Brierley Investments wants to set up joint ventures with local partners in Singapore and Malaysia, as it has done in Hongkong and Thailand. Singapore had a strategic position in the services sector in particular because
      463 words
    • 507 2  -  By Soh Tiang Keng SINGAPORE is to become the third centre in the world after London and New York to conduct international trading in coffee futures. Trading kicks ofT in mid-February. In the run-up to the official start of the cofTee contract
      507 words
    • 178 2  -  By Michelle Low TOP Singapore hoteliers have formed a working group to tackle the labour shortage problem and improve productivity in the industry. Some 49 hotels, representing 75 per cent of rooms in the industry, yesterday pledged their support for the Singapore
      178 words
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    • 16 2 Waving a red flag before the protectionists, Pg 16 Maintaining tbe momentum of Bogor, Pg 17
      16 words

  • SOUTH-EAST ASIA
    • 444 3  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S top finance ministry official yesterday rebuked investment analysts who had cast doubts on the country's inflation data. Clifford Herbert said he was appalled that a stockbroker, whom he did not name, had gone
      444 words
    • 438 3 Govt paves the way for companies to make foreign contacts, meeting told MBT KUALA LUMPUR The partnership between the Government and the private sector under the Malaysia Inc concept is not limited to ventures within Malaysian borders. It covers overseas projects as well, the
      MBT  -  438 words
    • 356 3  -  From Al Labita in MANILA MALAYSIAN tycoon Ananda Krishnan has offered to acquire the government-seques-tered Philippines Communications Satellite (Philcomsat). Philcomsat spokesperson Mila Alora said Mr Krishnan's offer is now being looked into by the company, one of Manila's largest satellite concerns.
      356 words
    • NOTEBOOK
      • 76 3 AFP MANILA Regional cooperation in telecommunications among South-east Asian nations can make the region "an attractive single market for foreign investment", said International Telecommunications Union analyst Michael Mingcs on Monday. Mr Minges told a Philippine telecommunications conference here that the region was ripe for such
        AFP  -  76 words
      • 68 3 AFP MANILA The Philippines yesterday refused to lift an indefinite ban on Westinghouse Corp from bidding in a US$3 billion (554.4 billion) gas development project in the Philippines, saying the US firm must first settle a dispute over a mothballcd nuclear power plant. Senior
        AFP  -  68 words
      • 57 3 Bernama KUALA LUMPUR Pcrusahaan Otomobi! Nasional Bhd (Proton) has signed a memorandum of understanding with Rover to manufacture a four-wheel-drive version of the national car, the Malaysian parliament was told yesterday. The production of the vehicle was to meet public demand, said Minister in the
        Bernama  -  57 words
      • 84 3 Reuter JAKARTA A volcano on the Indonesian island of Java erupted yesterday, killing at least 17 people, injuring more than 100 and bury ing dozens of houses in a grey sea of mud and lava, officials said. State television showed pictures of houses flattened and
        Reuter  -  84 words
      • 70 3 AFP MANILA Foreign Secretary Roberto Romulo said yesterday that the Philippines can gain commercially from a proposed service and supply pact with the US military but said some portions of the draft should be reworded. "We believe the Philippines should use its favourable
        AFP  -  70 words
    • 234 3 AFP JAKARTA Bank Indonesia governor Sudrajad Jiwandono said banks had to slow growth in lending to prevent the economy overheating, a press report said here yesterday. Lending growth in the first eight months of the year exceeded the central bank's safe level,
      AFP  -  234 words
  • Page 3 Advertisements
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  • CHINA/HONGKONG/TAIWAN
    • 487 4 Knight-Ridder HONGKONG Analysts expect bids at a government land auction today to be soft amid uncertainty about how much rising interest rates will affect the market, analysts said. The government will sell three sites at a regularly scheduled land auction
      Knight-Ridder  -  487 words
    • 92 4 AFP HONGKONG A Hongkong businessman paid HK$B,BBB,BBB (551.66 million) a world record price for this contemporary Chinese painting on Monday. Mr Chan Kin-man, managing director of the prosperously-named Billiongold Iron and Steel, reportedly took the price up to $8.88 million. The painting. Song of Legendary Goddess Nuwa,
      AFP  -  92 words
    • 227 4 Knight-Ridder HONGKONG China's foreign exchange certificates (FEC) will no longer be circulated from Jan i next year, and the time limit for conversion has been set for the end of June 1995, the official Xinhua News Agency reported on Monday, quoting the
      Knight-Ridder  -  227 words
    • 373 4  -  From Lim Soon Neo in HONGKONG THE NEW airport at Chek Lap Kok will generate around HKSB billion (SSI.SI billion) in annual gross revenue in its first full year of operation, according to Henry Townsend, the chief executive
      373 words
    • 274 4 AP HANOI China and Vietnam agreed yesterday not to escalate their territorial disputes or resort to force, and assured their nervous neighbours that they are willing to work for a peaceful settlement. In the only concrete move toward resolving the issue, they announced plans
      AP  -  274 words
    • 424 5 Reuter BEIJING China yesterday said it hopes a new tariff pact forged with six Central Asian neighbours can reverse a sharp slump in traffic on the Eurasian Railway, a fledgling rival to Russia's Trans-Siberian route. "We would like to open
      Reuter  -  424 words
    • 274 5 Bloomberg Business News BEIJING China's economy is forecast to grow 9-10 per cent next year, with industrial output expected to start slowing down this month, official media reported yesterday. The State Information Centre, the forecasting arm of the State
      Bloomberg Business News  -  274 words
    • 219 5 Reuter SHANGHAI China, one of the world's fastest growing economies, is full of risky investments, but listed firm Shanghai Dajiang says it is onto a sure winner chickens. "We are in a priority sector in China," executive director Li Guansheng said.
      Reuter  -  219 words
    • CHINA WATCH
      • 69 5 Bloomberg Business News TAIPEI Taiwan had a current account surplus of US$l.54 billion in the third quarter of 1994, up 2.7 per cent from US$l.5 billion a year earlier, the central bank said. The surplus in the current account widened on an increase in Taiwan's
        Bloomberg Business News  -  69 words
      • 73 5 AFP BEIJING Rising food prices in China's 35 major cities continued to fuel inflation in October, with grain prices surging 61.6 per cent compared to the same month last year, the State Statistics Bureau said yesterday. However, the increase in the cost of grain was
        AFP  -  73 words
      • 57 5 Reuter TAIPEI Taiwan's defence minister said yesterday China was probably incapable of starting a big war and its military technology was fairly backward. "Objectively, the modernisation and technological standards of the Chinese communist troops are fairly backward. It probably is incapable ot launching a large-scale
        Reuter  -  57 words
      • 99 5 AFP HONGKONG The Hongkong government yesterday announced a series of appointments of ethnic Chinese civil servants to top positions under a localisation programme that will pave the way for the restoration of Chinese rule in 1997. The government has appointed Peter Lai, the deputy
        AFP  -  99 words
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  • REST OF ASIA
    • 356 7 KnightRidder Reuter TOKYO Japan's Ministry of International Trade and Industry (Miti) has unveiled guidelines for applying emergency restrictions on textile imports, in a move to stem inflows of cheap products from other countries. "We think this setting up (of procedural guidelines) will
      Knight- Ridder; Reuter  -  356 words
    • 325 7 Reuter TOKYO A review of Japan's taxation on asset holdings should be the next top item on the agenda for Japan's tax reforms now that parliament's lower house has passed key tax reform bills, the government tax panel's chief said. Chairman
      Reuter  -  325 words
    • 233 7 Tokyo planning to open use of power firms 1 transmission lines Knight-Ridder TOKYO Japans Ministry of International Trade and Industry has decided to revise the Electricity Business law to allow the use of the nine major power companies' transmission facilities by others in fiscal 1996-1997 (April-March), the Sihon Keizai Shimbun
      Knight-Ridder  -  233 words
    • 77 7 Reuter NEW DELHI An Indian policeman holding up a tiger skull, one of the several wildlife items seized from a taxidermist's shop here on Monday. The banned merchandise, which included skins of leopards and tigers, is estimated to be worth more than US$3OO,OOO (*****,000) on
      Reuter  -  77 words
    • ASIA NOTES
      • 93 7 AFP TOKYO Japan's leading economic index stood at 54.5 points in September staying above the "boom-or-bust" line of 50 points for the ninth consecutive month, the Economic Planning Agency said yesterday. The coincident index, showing current economic trends, came to 60 points in September,
        AFP  -  93 words
      • 65 7 Reuter CANBERRA The big primary industry states of Western Australia and Queensland will lead the Australian economy over the coming five years, according to a survey of 35 economists. The Price Waterhouse survey projected median growth rates for those states of 4 per cent
        Reuter  -  65 words
      • 77 7 Reuter CANBERRA Australian housing affordability dived to its lowest level since the December quarter of 1992 in the September quarter, a survey by the Commonwealth Bank and the Housing Industry Association has found. The Reserve Bank of Australia has raised official cash interest rates by 1.75 percentage
        Reuter  -  77 words
      • 39 7 AFP KATHMANDU Nepal's victorious communists will meet today to discuss choosing a partner to form the next government. The Nepal Communist Party-United Marxist and Leninist is to decide with whom it should collaborate. AFP
        AFP  -  39 words
    • 218 7 Reuter AFP COLOMBO Sri Lanka'? new People's Alliance government yesterday presented in parliament a mini-budget for 47.7 billion rupees (551.43 billion) for the first three months of next year, showing a deficit of US$2BO million. Justice Minister Gamini Lakshman Peiris who was
      Reuter; AFP  -  218 words
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  • WORLD FOCUS
    • 1866 9  -  Jacques Delors, president of the European Union, will be stepping down next month. Pierre Schori. who is the Deputy Foreign Minister of Sweden, spoke to Mr Delors about his presidency and the future of Europe Pierre Schori New Perspectives Quarterly PIERRE SC
      New Perspectives Quarterly  -  1,866 words
  • Page 9 Advertisements
    • 131 9 Express we take !lM fliWni II i ffni 11 Rm STI why we heavy the same v because the the till shipping a |BjBBBM^B^B|W^Bp• w![ Jj|f quickly because it's light, if we delay his *%J8». IS hardware because it's heavy? course j-rfiii^ it X has to be a hAMHp9|7' i
      131 words

  • THE WORLD
    • 450 10 Washington Post WASHINGTON US cornpanics should be stripped of billions of dollars in tax breaks and other special subsidies and the money used to help train anxious American workers for new jobs. Labour Secretary Robert B Reich said on
      Washington Post  -  450 words
    • WORLD WATCH
      • 99 10 Reuter DUBAI Saudi Arabia has denied that it agreed with Russia to reschedule a US$75O million (551.095 billion) debt and said the money was owed to Saudi banks and had yet to be paid. The oil-rich kingdom also denied it had agreed with Russia
        Reuter  -  99 words
      • 102 10 Bloomberg Business News WASHINGTON Treasury Secretary Lloyd Bentsen went out of his way on Monday to pour cold water on a report that he's ready to retire, although he didn't issue an outright denial. After an interview with a Mexican television crew, Mr Bentsen
        Bloomberg Business News  -  102 words
      • 83 10 Knight-Ridder LONDON UK Employment Secretary Michael Portillo said yesterday that the government was resolute in raising VAT on fuel to 17.5 per cent in April, "because we recognise that we have committed ourselves to raise a certain amount of revenue in order to
        Knight-Ridder  -  83 words
    • 208 10 Knight-Rid-der TOKYO International financier George Soros is pulling out of the UK commercial property market despite earlier plans to make a "long-term" investment of up to £250 million (*****.5 million), the Financial Times reported yesterday. Mr Soros will sell to British Land
      Knight-Ridder  -  208 words
    • 289 10 Reuter GENEVA The Gatt world trade body said yesterday that developments in the North America Free Trade Agreement (Nafta) might raise further concerns about preferential regional accords and the risks of trade diversion. In a review of Canada's trade policies since 1992,
      Reuter  -  289 words
    • 401 11 AFP KUWAIT CITY Russia and Kuwait have signed five accords boosting cooperation between their countries. Russian Prime Minister Viktor Chernomyrdin on Monday told a press conference that the accords dealt with the economy, investments, scientific research, culture and information. "The accord on
      AFP  -  401 words
    • 235 11 Reuter SAO PAULO The International Finance Corporation (IFC) is planning to co-finance up to US$5 billion (557.3 billion) in infrastructure projects in Brazil over the next five years, IFC vice-president Jannik Lindbaek said. "Over the next five years we expect to spend US$5 billion
      Reuter  -  235 words
    • 62 11 AFP LOS ANGELES Activist Ted Hayes standing in front of his creation. Genesis One, a cluster of 18 fibreglass domes near downtown LA which for the past year had been an experiment in transitional housing of local homeless people. 1 he project, which has generated
      AFP  -  62 words
    • 233 11 Reuter LONDON International Monetary Fund treasurer David Williams has called for the centralisation of reserve assets, which eventually could lead to an international central bank. Such a bank would be operated by the fund and would have the power to persuade and power
      Reuter  -  233 words
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  • LIFESTYLE
    • 501 13  -  William Shatner says farewell to the Star Trek character he has played for 28 years. He reflects on his role as the starship Enterprise's charismatic captain with Stephen Schaefer Stephen Schaefer Reuter A PHILOSOPHICAL William Shatner voices "regret and sorrow that I have
      Reuter  -  501 words
    • 673 13 CHATTERBOX AP AP AP AP AP FORMER US president George Bush hasn't lost his touch on a tennis court. Mr Bush, on a private visit to Australia with his wife Barbara, teamed up with Australian Davis Cup captain John Newcombe on Monday to
      AP; Reuter  -  673 words
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  • Page 13 Miscellaneous
    • 1232 13 I TV RADIO I The Master of Survival, 9pm, Ch 12 Laic winter in the Arctic Tundra would seem to provide im- a....a possible 4 Ajjzm the the Kgjjkflk^ Tundra" the Arctic Fox Afl Midway, 9.30pm. TV 2 vuY\ Henry Fonda, Charlton Mcston *BMjL Toshiro Mifunc the r* mandatory all-star
      1,232 words

  • SPORTS
    • 462 14 Golf Reuter SYDNEY The proposed World Tour of Golf will happen with or without the blessing of traditional golfing organisations, two-time British Open champion Greg Norman said yesterday. Norman said the World Tour wanted to be conciliatory and fit in with the
      Reuter  -  462 words
    • 47 14 Reuter BUCHAREST Former Romanian champion gymnast Nadia C'omaneci was welcomed by young Romanian gymnasts at Bucharest's airport on Monday. Nadia, the first gymnast to get a perfect 10, returned to Romania five years after she fled from the 1989 anti-communist revolution. Reuter
      Reuter  -  47 words
    • 584 14  -  By Ira Berkow NYT WASHINGTON Among the sellout throng of over 18,000 to see the Bullets-Celt-ics game in the USAir Arena in Landover, Maryland, on Saturday night, sat a man in sweater and sneakers, a labourer from Detroit. This was Mayce
      NYT  -  584 words
    • SCORE CARD
      • Article, Illustration
        69 14 ST PETERSBURG, Florida WTA lour final 1994 women's rankings Monday: I Steffi Graf (Ger) 2 Arantxa Sanchez Vicario (Spn) 3 Conchita Martinez (Spn) 4 Jana Novotna (Cze) 5 Mary Pierce (Fra) 6 Lindsay Davenport (US) 7 Gabriela Sabatini (Arg) 8 Martina Navratilova (US) 9 Kimiko Date (Jpn) 10 Natalia
        69 words
      • 10 14 NEW YORK NFL Monday Houston 10 Giants 13.
        10 words
      • Article, Illustration
        65 14 BOMBAY India beat the West Indies by 96 runs in the first test on the fifth and final day on Tuesday. Scores: India 272 and 333 (S Tcndulkar 85. S Manjrekar 66, J Srinath 60; K Benjamin 4-82); West Indies 243 and 266 all out (J Murray 85, J
        65 words
      • 131 14 LONDON Masashi Ozaki's Dunlop Phoenix victory was hisseventh tournament win this year and enabled him to move into ninth position in the latest world rankings, published here on Mondav. Standings: I Nick Price (Zim) 2L39pts 2 Greg Norman (Aust) 20.22 3 Bernhard Langer (Ger) 15.99 4 Nick Faldo (Eng)
        131 words
      • 199 14 NEW YORK NBA Monday: NY 92 San Antonio 88; Orlando 124 Miami 89: Utah 106 Phoenix 91. Standings (W L Pet "GB) Eastern Conf, Atlantic Div: I Orlando 6 2 .750 2 NY 6 3 .667 '/i 3 Boston 4 4 .500 2 4 Washington 4 4 .500 2
        199 words
    • SIDELINES
      • 126 15 AFP BOMBAY Mohammad Azharuddin bccame India's most successful Test captain yesterday as his team completed a devastating 96 run win over West Indies in the first Test. The Indians needed just 22 minutes on the fifth and final day to capture the two last West
        AFP  -  126 words
      • 67 15 Bernama KUALA LUMPUR Malaysia will inaugurate next year the Asia Pacific Boys Junior Golf Match-play Championship which features top junior golfers from 16 countries, said Sports Excel chairman Tunku Imran Tuanku Jaafar here on Monday. He said the championship, planned for July, would feature
        Bernama  -  67 words
      • 90 15 AFP SYDNEY Dutch coach Roelant Oltmans yesterday promised more field goals and less traditional reliance on penalty corners when the Netherlands begin defending their World Hockey Cup crown here this week. The Dutch, whose fierce-hitting shortcorner specialist Floris Bovelander denied Pakistan the last World
        AFP  -  90 words
      • 71 15 Reuter LONDON British police agreed on Monday to release evidence relating to match-fixing allegations against Bruce Grobbelaar, allowing lawyers to prepare their defence of the Southampton and Zimbabwe goalkeeper. "We have been in touch with the (English) Football Association and all the information can
        Reuter  -  71 words
      • 104 15 AFP DALLAS, Texas Dallas quarterbacks Troy Aikman and Rodney Peete will be sidelined with injuries tomorrow, leaving thirdstringer Jason Garrett to lead American football's reigning champions against Green Bay. The Cowboys lost Super Bowl star Aikman and back-up Peete in a 31-7 victory over Washington on
        AFP  -  104 words
      • 91 15 AFP DETROIT, Michigan Police here plan no charges against former world super-middleweight boxing champion James Toney, who stormed out of his mother's home with a gun on Sunday vowing to kill his former manager. Toney was interviewed by police on Monday after officers spent the
        AFP  -  91 words
    • 508 15 AP NEW YORK One week after she retired, Martina Navratilova has returned with a host of friends, including Chris Evert. The greatest women's tennis players of the past 25 years announced on Monday they are getting together with entertainers Barbara
      AP; Reuter  -  508 words
    • 632 15 AP NEW YORK Changes al the top sometimes do work. With five weeks left in the regular season, second-year coach Dave Wannstedt has returned the Chicago Bears to their seemingly rightful place at the top of the NFC Central, and Bill Parcells
      AP  -  632 words
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      278 words

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    • 55 15 1 f EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Notices, cad toll-free 1-800-741-1883 Th« BtraiU Time* l Fashion Beauty j Caff 'for A Cofourfuf Lifestyle! tCall 24 hours a day for hot topics close to your heart anything from head to toe. J Cost:
      55 words
    • 305 15 KUBO TRADING PTE LTD (Incorporated in Singapore) NOTICE OF RESOLUTIONS At an Extra-ordinary General Meeting of the members of KUBO TRADING PTE LTD duly convened and held at 7500 A Beach Road #14-321 The Plaza Singapore 0719 on Friday, 18th November 1994 2.00 p.m. the following special resolutions set out
      305 words
    • 377 15 LUM CHANG HOLDINGS LIMITED (Incorporated in tfie Republic of Singapore) The Directors of Lum Chang Holdings Limited ("the Company") are pleased to make the following announcements NOTICE OF BOOKS CLOSURE i) Proposed bonus issue of a minimum of 53,844,567 up to a maximum of 54,041,167 ordinary shares of $0.50 each
      377 words
    • 84 15 latke matter ot The Companies Act. Cap. 50 M la th« matter of DELTA RESOURCES PTE LTD (ta Voluntary Liquidation) MEMBERS' VOLUNTARY WIMOIMOUP "Ml Creditors company, wtuch is tang toMhS ,equiwl (*<o* S2" «J toe particulars ot 2 So 5 <* *Y) lo the mS£?L. 5aK) Com W n y.
      84 words
    • 157 15 I* Ui« mattar ol TIM Companlw Act. Cap. 50 And In the mattar tt OCITA RESOURCES PTE LTD (hi Voluntary liquidation) MEMBERS' VOLUNTARY WINDING-UP At «i Extraordinary General Meeting ot the members of the abovenamed Company, duly convened and held at the 21st day ot November. 1994 the following Special
      157 words
    • 454 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FILM FESTIVAL PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of FILM FESTIVAL PTE LTD, duly convened and held on 16 November 1994 at 10.00 am., at 9 Battery Road #09-01,
      454 words
    • 369 15 IN THE MATTER OF THE COMPANIES ACT, (CAP.SO) AND IN THE MATTER OF TEXTILES DEVELOPMENT PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50 that the Final Meeting of the Members of the abovenamed Company
      369 words

  • 522 16 EDITORIAL AT THE END of last year's United Malays National Organisation (Umno) meeting which saw the team led by Anwar Ibrahim sweeping into key offices Dr Mahathir Mohamad was asked by a reporter if he was losing his grip on the party after 14 years at
    522 words
  • WHAT THE OTHERS SAY
    • 373 16 SINGAPORE'S fund management industry boasts control of $62 billion at the end of 1993, up six times from 1989 figures. The number of fund managers who handle funds of over $1 billion has grown from 10 to 21. Good economic growth of the last decade
      373 words
    • 122 16 THE recent Umno general assembly saw several key issues being discussed but the main focus, undoubtedly, was on leadership strength and morality in a booming economy. Being the main party of the ruling National Front, Umno's leadership is critical for the well-being of Malaysians. In his
      122 words
    • 160 16 CHINESE President Jiang Zemin's visit to Hanoi was described by Vietnam's Communist Party chief Do Muoi as "marking a new era in Sino-Vietnamese ties". China and Vietnam waged war against each other in the 1970s because of different idealogies, border dis- putes and the Cambodia problem.
      160 words
    • 171 16 ALREADY the first fruits of the recent agreement on airport funding are beginning to materialise. Last week saw the Sino-British Land Commission release enough land to build 10,500 new flats, and so ease the strain on Hongkong's housing supply, as part of an agreement to
      171 words
    • 106 16 TRADE liberalisation, as envisaged in the recent Bogor Declaration with its staggered deadlines to make an allowance for the different stages of economic development of its members, is coloured by many shades of opportunism. Far too many that Prime Minister Mahathir Mohamad felt it necessary
      106 words
    • 129 16 ONE would not expect the incidence of rape to be a matter of national concern in a country like Indonesia, where religious and traditional values still play a dominant role in controlling the behaviour of the populace. Yet, if news stories emerging this week about
      129 words
  • 1070 16  -  The ambitious Bogor blueprint for turning Apec into a free trade area could create a political backlash in Washington against free trade and Asia, reports Leon Hadar Leon Hadar The writer is BT's Washington correspondent. THE just-concluded meeting of the leaders
    1,070 words
  • Page 16 Advertisements
    • 186 16 'I^l K RE WT 325kgM H pho^H V "trii vvou know how it is Everythings riding on your freight ground thats out of the ordinary delivery If it's not there on time you're the one who'll get it Thai's Cargo Village in Bangkok boasts computer controlled in the neck ETVs
      186 words
  • Page 16 Miscellaneous
    • 74 16 Ives- i tnosT hfwc\ SToRerS up a V^ t lN LxTrtC. VPoUCR Sp\uJ... cp<es f\Se A T R iru£. MQO mocH R00f?...y v \C y v —>'■ DOONESBURY GARRY TRUDEAU f3 NSWLY ARRIVSP IN HHHHHHHffiH NT)! DON'T DO 1 NOPROBLSMI O.J- CITY, l$5OONB&eT 1 MIZTER'm Wj K PP <sfi£, IT,
      74 words

  • REGIONAL ANALYSIS
    • 1577 17  -  The task ahead for Apec ROSS GARNAUT ROSS GARNAUT The writer is Professor of Economics at the Research School of Pacific and Asian Studies of the Australian National University in Canberra. This is an extract of his paper presented in Jakarta last week. THE Bogor
      1,577 words
  • Page 17 Advertisements
    • 231 17 you DRIVE YOUR COMPttHY TO THE HIGHEST STANDARDS... ...SO DO WE. The moment you step out from the boardroom and Into the Cltroftn XM you'll realise that here Is driving pleasure without compromise. Exacting standards begin with I4sbhp of power at your disposal in a 2.0 Turtx) or 170Dhp in
      231 words

  • 496 18  -  From Leslie Lopez in JAKARTA IN A rare show of unity, the Organisation of Petroleum Exporting Countries have agreed to freeze production for an unprecedented 12 months in a bid to shore up depressed prices. Opec ministers, who completed talks here
    496 words
  • 328 18 Bernama, MBT PETALING JAYA Wage rises outstripped productivity gains by 6.7 per cent to 5.3 per cent in the January to July period this year. Describing the situation as unhealthy, International Trade and Industry Minister Rafidah Aziz said it would affect Malaysia's competitiveness. Enterprises
    Bernama,; MBT  -  328 words
  • 253 18 AFP Bernama KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday opposed changing the country's electoral format as speculation mounted that he would call for snap parliamentary polls before the end of the year. He told journalists it might be difficult for parties to secure a
    AFP; Bernama  -  253 words
  • 774 18  -  The Bottom Line MUKUL G ASHER MUKUL G ASHER The writer is Associate Professor of Economics in the Department of Economics and Statistics at the National University of Singapore. He contributed this commentary toBT. INDIA'S National Stock Exchange (NSE), which
    774 words
  • 391 18 Reuter AP BONN The head of the German central bank yesterday said he could not rule out a cut in key German interest rates and that he did not believe the dollar was particularly weak at the moment. Bundesbank president Hans Tietmeyer's
    Reuter; AP  -  391 words
  • 306 18 Bloomberg Business News BEIJING China is heading for social turmoil and possible break-up if income gaps between rich and poor regions continue to widen, according to a survey of provincial officials. The survey was conducted among 33 provincial officials from across China
    Bloomberg Business News  -  306 words
  • 309 18 Reuter TOKYO Japan headed for a new crisis yesterday with Prime Minister Tomiichi Murayama battling to hold his team together and a minister warning that political upheaval threatened economic recovery. Several top business leaders also clamoured for an end to the uncertainty that has
    Reuter  -  309 words
  • Page 18 Advertisements
    • 121 18 jTECmto LO for ICO years, rhe impeccably elegant Geneva ■k,, men a women can discover the very latest embodiment of <y the Baume Mercier B 1 an exclusive exhibit- Marina Square from 19 October to 30 November 1994, jsa. The new collection 1 timepieces includes assertive Malibu the to Three
      121 words
    • 4 18 Tomorrow in Business Times
      4 words

  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        46 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers /wiled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Alliance, liaring. Daiwa. i'raser. GK Goli. Kay llian. Morgan Grcnfell. OngCo. Nomura. Phillip. Smith .Vm- Court. IF/ Carr and SG Warburg.
        46 words
      • Article, Illustration
        130 19  -  By Paul Leo WING TAI Holdings fell nine ccnts or 3.4 per cent to $2.57 yesterday. A technical rebound can be expected soon. Daily Relative Strength Indiccs and stochastics arc near zero, indicating a deeply oversold condition. However, the rebound is cxpcctcd to be short-lived and the stock
        130 words
    • 262 19  -  By Juliette Walker AN INDONESIAN joint venture involving listed Liang Court Holdings has raised US$4O million (5558.7 million) through a loan facility to develop a condo cum service apartment complex in Jakarta. In Jakarta today, PT Citraland Liang Court, a
      262 words
    • 311 19  -  By Abdul Hadhi SINGAPORE Singapore Computer Systems (SCS) has acquired a substantial stake in an Ayala Corp-controlled Philippine software house. In a statement issued from Manila yesterday, SCS a subsidiary of Singapore Technologies Industrial Corp said it was buying a 30 per
      311 words
    • 368 19  -  From David Welcher in NEW YORK SINGAPORE-based Flextech Holdings Group is taking a major step forward into the interactive electronic publishing market, which has long featured other Singapore companies such as Creative Technology and Aztech. Capitalising on an investment which has brought
      368 words
    • 381 19 AFP Bloomberg Business News KUALA LUMPUR Malaysia's Energy Minister Samy Vellu said he intends to guarantee government-controlled utility Tenaga Nasional Bhd a 70 per cent share of the electricity generation market. Tenaga's stock has dropped recently on concern about new
      AFP; Bloomberg Business News  -  381 words
    • 653 19  -  HOCK LOCK SIEW By William Chia SINGAPORE Ho Hup Construction Bhd recently disappointed investors with an unimpressive set of interim results. It reported a 7 per cent fall in pre-tax profit to M$ 13.09 million (557.46 million) for the six months
      653 words
    • 197 19  -  By Shiv Taneja SINGAPORE Keppel Bank has formally applied for a full-service licence in the Philippines, according to a Reuters report yesterday. Keppel, which has also applied to open a branch in Vietnam, is the third bank to have applied for one of the
      197 words
    • 195 19 SINGAPORE Keppel Bank executive vice-president Tan Boon Hoo a former deputy director of the Monetary Authority of Singapore has quit to join broker JM Sassoon Co as its general manager, marketing. Today is Mr Tan's last day at Keppel Bank,
      195 words
    • COMPANIES
      • COMPANY BRIEFS
        • 77 20 SINGAPORE United Industrial Corp announced yesterday its wholly owned subsidiary, UIC Group Ltd, Hongkong, has transferred its shareholding in Vastlink Ltd, Hongkong, to another wholly owned subsidiary. UIC Development (Pte) Ltd. The move is part of the winding down ot its business and
          77 words
        • 78 20 Bernama KUALA LUMPUR MBf Holdings Bhd has acquired a 63 per cent stake in Datalink Communication Consultants Ltd, a Hong-kong-based company, for US$l.B million (552.6 million) cash. The acquisition of 126,000 ordinary' at HKSI each of the issued and paid-up share capital of
          Bernama  -  78 words
        • 67 20 Bloomberg Business News MANILA Power distributor Manila Electric Co (Meralco) and state-owned power producer National Power Corporation (Napocor) have signed a 10-year power purchase agreement which analysts said would boost Meralco's customer base. The longawaited agreement commits Meralco to buy from Napocor an average of
          Bloomberg Business News  -  67 words
        • 44 20 Bernama KUALA LUMPUR Landmarks Bhd, through wholly owned subsidiary, Landmarks Hotels and Realty Sdn Bhd, has acquired at cost two shelf companies. Oriental Perspective Sdn Bhd and Tender Years Sdn Bhd, to meet the company's future operational needs. Bernama
          Bernama  -  44 words
        • 37 20 AFP BANGKOK Saha Union Co Ltd, one of Thailand's 10 largest conglomerates, has formed a joint-venture project to build a power plant in the eastern Chinese city of Hangzhou. AFP
          AFP  -  37 words
      • 176 20 AFP MANILA Philippine National Bank (PNB), hit hard by the appreciating peso, said yesterday it was planning a stock issue of up to four billion pesos (*****.6 million) in early 1995 as part of its privatisation programme. Bank president Arsenio Bartolome
        AFP  -  176 words
      • 363 20  -  From Al Labita in MANILA MANILA A Malaysian firm is going public to raise funds for two hotel-casino projects worth 2.1 billion pesos (SSI24 million) it will build in Cebu province. Waterfront Philippines Inc (WPI) plans to sell 113 million
        363 words
      • 385 20 Bernama KUALA LUMPUR Malaysia Airlines (MAS) aims to be a truly international airline by securing landing rights in as many destinations as possible, chairman Tajudin Ramli said here yesterday. MAS would pursue plans to seek landing rights on the US
        Bernama  -  385 words
      • 141 20 Bernama KUALA LUMPUR Lien Hoe Corporation Bhd will buy Pan Pacific Construction Holdings Sdn Bhd. which owns the Centre Point Sabah building in Kota Kinabalu, for MS 141 million (5580.4 million). The purchase marks the company's further expansion into the growing commercial
        Bernama  -  141 words
      • 182 20 Bernama KUALA LUMPUR Berjaya Industrial Bhd said it would realise capital appreciation from its proposed disposal of a 10 per cent equity and offer for sale of another 10.52 per cent equity interest in the Star Publications (Malaysia) Bhd. Its 100
        Bernama  -  182 words
      • 198 20  -  From Al Labita in MANILA TYRE MAKERS, led by Malaysia's Sime Darby subsidiary, are seeing red over Manila's tyre import liberalisation. They want a 20-30 per cent tariff discount on tyres imported from Japan, South Korea, Singapore. Indonesia and India scrapped. Although
        198 words
      • 386 20 Bloomberg Business News BANGKOK Thailand's Charoen Pokphand Group pic is planning to expand into a "real" holding company, using funds from a planned 5 billion baht (***** million) bond sale, a senior executive said. The company plans to spend at least
        Bloomberg Business News  -  386 words
      • 564 20 UNIT TRUSTS FUNDS Managers' print Nov 23 Mendaki Gr Fund 1.13 116 tt,,,™, ni+ Trll< US Gr Fund 095 0 99xd" 5HEEL i?s i.75 UOB Asset Mgt Ltd The Savings Fund I 60 1.69 I nifund 1.48 1.54 S pore Prog Fund 0.62 0.66 Unihond f 1.045 1.07 S'porc See
        564 words
      • 566 21 Bloomberg Business News HONGKONG Companies of the Jardine Matheson group of Hongkong were worst hit by the fall in the territory's stocks yesterday due to concern over the impact of their forthcoming delisting from the exchange. Billions of Hongkong dollars have
        Bloomberg Business News  -  566 words
      • 386 21  -  From Lim Soon Neo in HONGKONG ORIENTAL Press Group (OPG) chairman C K Ma had estimated that if his group could put out an English-lan-guage newspaper just half as successful as the South China Morning Post the leading Hongkong
        386 words
      • 309 21 Bloomberg Business News SHANGHAI The shares of Shanghai Lujiazui Finance and Trade Zone Development Co jumped 23 per cent on their trading debut yesterday as foreign investors flocked to buy a cheap piece of the city's prime financial district. Lujiazui shares
        Bloomberg Business News  -  309 words
      • 192 21 Knight-Ridder HONGKONG The Hong Kong Futures Exchange has launched a consultation on futures contracts for individual stocks, following charges from the stock exchange and lawmakers that the decision to introduce the new instrument was made too hastily. The futures exchange plans to
        Knight-Ridder  -  192 words
      • COMPANY BRIEFS
        • 75 21 Reuter SHANGHAI Hongkong and Shanghai Bank will hold a board meeting in Shanghai today, its first outside Hongkong for many years, a bank statement said. On Monday, bank chairman John Gray visited the Shanghai stock exchange. The Liberaiion Daily said that senior bank officials
          Reuter  -  75 words
        • 83 21 Bernama—Kyodo TOKYO NEC Corp said yesterday it would slash prices for six models of its PC-98 series personal computer for business use by up to 26 per cent starting Dec 9. Of the six, the price of PC-9821 ns/340w. a notebook model equipped with a
          Bernama—Kyodo  -  83 words
        • 61 21 Knight-Ridder TOKYO Japan's Tokyo Electric Power Co (TEPCO) reported a recurring profit of 98.894 billion yen for April-September, the first half of fiscal 1994-95, up 68.9 per cent from a year earlier. TEPCO. the world's largest electric power company, also forecast a recurring profit of
          Knight-Ridder  -  61 words
        • 45 21 AFP TOKYO Japan's TDK Corp. the world's largest manufacturer of magnetic recording tapes, said yesterday its group interim pre-tax profit rose 13.1 per cent from a year earlier to 12.4 billion yen in the six months to September. AFP
          AFP  -  45 words
        • 48 21 AFP TOKYO Japan's largest city gas firm Tokyo Gas Co Ltd said yesterday it suffered an interim pre-tax loss of four billion yen in the six months to September, reversing a pre-tax profit of 14.4 billion yen a year earlier. AFP
          AFP  -  48 words
      • 182 21 SINGAPORE Australian pharmaceutical giant FH Faulding and Co says it is about to tie up a joint venture distribution deal in Indonesia which could net it annual sales of AS2OO million (*****.7 million) by the year 2000. Speaking after the company's annual
        182 words
      • 408 22 API WASHINGTON Major reforms have been approved for a Nasdaq trading system geared toward small investors, 'which could lead to better ;prices for all customers who use the system. The National Association of Securities Dealers Inc, the industry group that
        API  -  408 words
      • 312 22 FT LONDON Ciba. the Swiss drug company, on Monday made the biggest corporate acquisition in biotechnology for almost five years with a deal which boosts its stake in Chiron of the US to 49.9 per cent. The transaction,
        FT  -  312 words
      • 605 22 Bloomberg Business News TOKYO Nippon Telegraph Telephone Corp yesterday said lost revenue from a cut in long-distance charges was to blame for the company's sixth successive fall in half-year profits. Japan's largest telephone company said current profit for the half-year
        Bloomberg Business News  -  605 words
      • 218 22 Reuter LONDON Higher turnover in foreign shares and a 50 per cent jump in the value of new listings and capital increases helped boost the London Stock Exchange's surplus in the six months to Sep 30. Income was slightly below the year-ago period, falling
        Reuter  -  218 words
    • FINANCE & COMMODITIES
      • 409 24  -  Reports by Walton Morais SINGAPORE Lazard investment banking houses in London, Paris and New York will join forces to set up an investment banking unit in Singapore, according to reports. To be called Lazard Asia, the unit is expected to
        409 words
      • 327 24 SINGAPORE Institutional investors and individuals have already invested US$5O million (5573.5 million) in a closed-end India fund that was marketed in Singapore yesterday, officials say. The sponsors of the Lazard Birla India Investment Trust, which was marketed to select individuals at a presentation
        327 words
      • 340 24 Knight-Ridder SINGAPORE If Bank of Thailand governor Vijit Supinit expects last week's US rate hike to help mop up the Thai money market's excessive liquidity problem, he may be in for a bitter disappointment. Mr Vijit said last week that
        Knight-Ridder  -  340 words
      • 364 24 Platt's Oilgram LONDON Royal/Dutch Shell Group presented London oil analysts with hints of what could become the start of a major restructuring programme in 1995. according to sources who attended the regularly scheduled meeting on Monday. Analysts said the highlights of the gathering were
        Platt's Oilgram  -  364 words
      • Article, Illustration
        1436 24 /iaJf-»iii(hfnJ inJex lakulalttl afuin\i Spore's lop 14 trading partner, Bate hot /W US$/S$ forward rates Noon Nov 22 s$ Bid Offer 1-month 1.4632 1.4647 2-month 1.4617 1 4632 3-month 1.4607 1.4622 6-month 1.4571 1.4591 Somr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on No* 22 Singapore dollars
        1,436 words
      • 307 24 ENERGY REPORT Reuter LONDON Oil prices slipped back after rallying on the decision of the Organisation of the Petroleum Exporting Countries (Opec) to freeze output levels for a year. Opec's agreement at its Bali, Indonesia, meeting yesterdav was bullish for prices and would help
        Reuter  -  307 words
      • 199 24 Bloomberg Business News LONDON The dollar fell against the yen and was steady against the Deutsche mark in Europe amid scepticism about whether the US currency can extend its recent gains. Traders said they were reluctant to stake out fresh positions ahead of holidays in the US
        Bloomberg Business News  -  199 words
      • 92 24 AFP NEW YORK The dollar lost ground yesterday against other major currencies as traders chose to sell the US currency ahead of the publication today of a key US economic indicator. At around 10:00 am (1500 GMT) the US currency traded at 1.5503 German marks compared to 1.5560
        AFP  -  92 words
      • 264 24 FT NEW YORK BancOne. one of the biggest banks in the US, announced a one-off after-tax loss of US$l7O million (SS2SO million) on its securities holdings, mainly because of the rise in interest rates since February. The bank said the
        FT  -  264 words
    • COMMODITIES & FUTURES
      • 1299 25 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures ended sharply higher while Eurodollars closed steady. Dealers said Euroyen continued to climb higher on technical trading after breaking through key chart points. "The charts show that Euroyen is really in an overbought position but the uptrend remains intact," said
        Reuter  -  1,299 words
      • Tin prices up on rising demand
        • 430 25 COMMODITY REPORTS 128.25 on Monday evening. Jan RSSI was at 196.50 Singapore cents a kg against Monday's 197. Jan rSR2O was at 201 Singapore cents against 200 before. Kuala Lumpur: Malaysian rubber prices closed mixed in quiet trade as prices eased in Japan while enquiries poured in the late session,
          430 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 101 25 HONGKONG China's gold output in Jan-Oct rose 17.5 per cent compared with the same period last year, but the figure is said to be short of the country's gold production target for this year, the local Ming Pao newspaper reported yesterday. But Ming Pao.
          101 words
        • 80 25 KUALA LUMPUR The Pakistani government has cut its import duty for soyoil to 7,600 rupees (*****) per tonne from 8,950, Malaysian traders said yesterday. The government met on Monday to consider a request by traders in Islamabad that soyoil duty be cut after Malaysian palm
          80 words
        • 83 25 SYDNEY Canada's Romulus Resources Ltd this week will petition the British Columbia government to allow mining of the Cinola gold deposit in Queen Charlotte islands, off the coast of the province, one of the partners in the project said here yesterday. The deposit, which was
          83 words
        • 67 25 SYDNEY Scattered rain over the Australian sorghum belt during the past week is unlikely to prompt a major increase in crop plantings as hopes for a million-tonne harvest steadily decline. Parts of Queensland have received up to two inches of rain, but in most cases it is
          67 words
    • 1380 25 Rubber Singapore Commodity Exchange (futures dosing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 94 199.00 199.99 198.00 100 550 Jan 95 196.50 196.50 196.00 300 2000 Feb 193.00 3950 Mar 191.50 2900 Apr/Jun 193.75 193.75 193.75 300
      1,380 words
    • REGIONAL stock markets
      • 1151 26 -31.8 Australian shares plummeted 1.7 per cent to a 15-month low yesterday in a frantic sell-ofT triggered by a 45-point plunge on Wall Street and fuelled by a surge in the domestic currency. The key All Ordinaries Index ended 31.8 points weaker at 1.877.7 in its biggest one-day fall
        1,151 words
      • 648 26 -53.79 A fall in the Dow Jones sparked a selling frenzy among local investors yesterday and sent Philippine share prices tumbling by 1.9 per cent, analysts said. The Philippine Stock Exchange Composite Index declined 53.79 points to close at 2,846.00. It was down 13.07 points on Monday. Volume soared
        648 words
      • 565 26 -59.45 The bourse yesterday ended lower, dampened by the largest losers food and textile shares, dealers said. The 393-issue Weighted Price Index on the Taiwan Stock Exchange lost another 59.45 points, or 0.93 per cent, to settle at 6,345.27 points, after a 45.06-point dip the previous session on Monday.
        565 words
      • 446 26 -10.38 Stocks closed lower for the fourth straight session after aggressive institutional selling of primary blue chips wiped out minor early gains, brokers said. The Composite Stock Index shed 10.38 points to end at 1,106.70 after touching a day high of 1,120.64. Brokers said the market was pressured by
        446 words
      • 292 26 -22.41 Shares fell to a four-month low in line with lower US and Australian stocks, traders said. Investors were focused on rising interest rates, traders said. New Zealand's Top 40 Share Index fell 1.1 per cent, or 22.41 points, to 2,008.81. The index is now at its lowest
        292 words
      • 102 26 -68.29 The 30-share Bombay Stock Exchange Index closed 68.29 points or 1.65 per cent down at a provisional 4,068.36 on sustained selling by foreign mutual funds and local investors, brokers said. The Bombay market has fallen from a high of 4,628.57 on Sep 12, dropping 12 per cent in
        102 words
    • WORLD STOCK MARKETS
      • 137 26 -16.42 French shares finished lower, pressured by a drop in Wall Street stocks and renewed selling of heavily weighted Alcatel Alsthom, but rising bonds helped pull the CAC-40 Index to a finish above 1.900 points, dealers said. They said activity was muted ahead of the close today of November
        137 words
      • 83 26 -I.6pc Swedish shares closed sharply lower on weak foreign bourses and a sharp fall in telecommunications giant Ericsson. The OMX Index was down 1.6 per cent at 1166.37 in moderate turnover of 2.698 billion crowns. Brokers said the underlying bourse tone is positive despite yesterday's decline. Stockholm 5£ n
        83 words
      • 138 26 -30.51 The stock market suffered a sizable loss as the DAX Index finished the day at 2,074.77 points, off 1.45 per cent or 30.51 points by comparison with the Monday close. Volumes were minimal and price movements mostly futures-related. In postbourse trade, the index fell 23.91 at 2,073.29. Frankfurt
        138 words
      • 143 26 -2.Bpc Italy shares slid on news Prime Minister Silvio Berlusconi was being formally investigated for corruption. Dealers said it was a largely knee-jerk reaction, with a calmer market expected for today. The Mibtel Index ended 2.8 per cent weaker at 10,084. Bluechip Mib-30 Index was off 3.24 per cent
        143 words
      • 613 26 -42.3 UK stocks fell to their lowest levels in two weeks after shares plunged on Wall Street and in Hongkong amid concern US interest rates will rise for a seventh time this year. The FT-SE 100 Index of leading British shares fell 42.3 points to 3078.7, led by HSBC
        613 words
      • 122 26 -6.0 Belgian stocks closed lower after a decline in US stocks, amid concern about rising interest rates, made European equities look overpriced. "The US stock market is the biggest in the world, so when it declines it's hard for European stock markets not to follow suit," said Herman Hendrickx,
        122 words
      • 265 26 -35.0 Swiss shares ended lower under pressure from the weakness on Wall Street which carried into early US trading. Losses were seen as a technical reaction following the gains won in recent sessions, dealers said. They said many blue chips were hit by profit-taking. A slightly weaker dollar also
        265 words
      • 282 26 +41.2 Industrial stocks led a recovery in South African shares yesterday as buying interest continued despite weaker world markets, dealers said, although volumes were limited. The Overall Index was up 7.4 points to 5.909.2, the Industrial index Closed 41.2 higher at 6,984.1 and the Gold Index finished off 11.2
        282 words
      • 688 26 Britannia Funds Sterling Cash Bid Offirr Mim C ap Deposit 38 MOO 38 6500 Mim Jer*> Otk jO.1893 0 1992 Mim Mai Income 0.9200 0.9500 L S$ Cash Income Ptu» Fund ***** 10 0000 PS Re*ne Fund 5 3300 5 3400 Sterling Kqaity Euro Performance .0.4592 0.493* Far East Fund
        688 words
      • 316 26 -18.70 Shares fell early along with sagging foreign markets, but traders said they may stage a late recovery on a perception that the market is oversold. All 14 sub-indices posted losses in early trading, led by declines in gold, conglomerates and consumer products. The TSE 300 Index fell 18.70
        316 words
      • 836 26 -22.55 Prices continued to slide yesterday in fairly active trading as attractive bond yields lured investors away from stocks and into treasuries. The Dow Jones Industrial Average, which tumbled 45.75 points on Monday, dropped 22.55 points to 3746.96 at 11 am EST. The New York Stock Exchange Composite
        836 words
      • 276 26 -4.75 Shares ground to a halt after a vacant, leaden-footed session when prices shuffled in synch with a lower London market. The AEX Index closed down 4.75 points at 406.44, with 24 component stocks declining and only one gainer. Undermined from the start by a sharp Wall Street decline
        276 words
    • Article, Illustration
      3039 27 Reuter HONGKONG Shares closed just off their lows after a day of heavy losses spurred by overseas selling of blue-chip counters, brokers said. The blue-chip Hang Seng Index ended down 354.81 points, or 3.81 per cent, at 8,948.43, the biggest one-day loss since a 465 point drop on March
      Reuter; Source: Bridge Info  -  3,039 words
    • Article, Illustration
      562 27 CLSA LUKEWARM market reaction towards the state of the Chinese economy sent Hongkong H shares sliding another 6.2 per cent in the bourse's fourth consecutive decline. Volume rebounded to HK5223.5 million as prof-it-taking hits Shanghai Petrochemical. The counter ended down over 7 per cent on turnover of HKS7O.3 million.
      CLSA  -  562 words
    • Article, Illustration
      2426 27 AP AFP TOKYO The Tokyo Stock Exchange's key index fell below 19,000 points yesterday for the first time since February. The 225-issue Nikkei Stock Average fell 158.73 points, or 0.83 per cent, closing at 18,962.99. The benchmark index last fell below the psychologically important line on Feb 18, when
      AP; AFP; Source: Bridge Info  -  2,426 words
    • Article, Illustration
      1817 27 Reuter BANGKOK Thai stocks narrowly avoided closing below 1,400. managing a quick bounce to 1.402.81 in the last minute after hovering around the key level on continued poor sentiment aggravated by market downturns around the world. The close marked a fall of 37.78 points, down 2.62 per cent, off
      Reuter; Source: Bridge Info  -  1,817 words
    • Article, Illustration
      1086 27 Bloomberg Business News JAKARTA Indonesian stocks fell on concern that rising interest rates will draw funds out of equity markets and into fixed income investments like bonds. The Jakarta Composite Index fell 8 points, or 1.58 per cent, to 498.66. The GTDBS-50 Index, tracking 50 top companies, fell 1.82
      Bloomberg Business News; Source: Bridge Info  -  1,086 words
    • 2510 28 MOST ACTIVE votom MBf Capital 6.992.000 MSB MX. 4.788.000 KL Industries 3.314.000 Promet 3.092.000 Idris H>d JOc 2.138.000 Berja\a L Wt99 1.592.000 Pegi Msia 1.546.000 MBf Hldgs 50c 1.462.000 Mulpha Inil 50c 1.445.000 Multi-Purpose 1.273.000 Magnum C orp 50c 1.244.000 Sateras Res 1.220.000 Multi-P Wt 1.179.000 MOST ACTIVE
      2,510 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6059 28 Bloomberg Business News KUALA LUMPUR Malaysia's leading stock index fell for a fifth day on concerns that rising interest rates in the US will lead investors to buy bonds rather than stocks. The benchmark Kuala Lumpur Composite Index fell 19.20 points, or
        Bloomberg Business News; Source: Bridge Info  -  6,059 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8100 29 MAIN BOARD Transaction date: Nov 22 Cr Ur M Wi I ast Vol D*) Lnl Quote Di» Di» \M N« (aa \>> lli«h la. tompaa. Safe COOO) ll«ll loo Bu,rr Seller S Or P E Soil Price INDUSTRIAL AND COMMERCIAL '-V 417 5* mt s .Vnu 50c 478 -27 614
        8,100 words
      • 1929 30  -  By R Sivanithy SINGAPORE Rising interest rates and continued bearishness surrounding the world's stock markets yesterday exacted a severe toll on local stocks, with the Straits Times Industrials Index dropping 51.94 points or 2.2 per cent to 2,270.05 in relatively heavy trading. Prices here
        Charts by Bridge Info; Source: Bloomberg  -  1,929 words
  • Page 19 Advertisements
    • 399 19 NEWS VALUE STII dives 2.2% as stocks cave in to rate pressure (pg I) The traditional year-end rally looks in doubt. Three more banks raise prime by half a point (Pg I) Given the low dividend yields of local stocks, any further increase is likely to dampen stock prices. KL
      399 words

  • Page 20 Advertisements
    • 125 20 Titan Automatic Designer Ferdinand A Porsche Manufactured by IWC Schaffhausen Automatic movement Case in titanium or titanium with 1 8 ct. gold bezel Sapphire glass Screw-in crown. Water-resistant to 60 m PORSCHE DESIGN by IWC I PORSCHE DESIGN OUTLETS: As,a W-itci Ce-tre P'e-L:d T e 440-4208 Cor'-: Watc" Ptp L*C
      125 words
    • 113 20 EXCLUSIVE EVENT OF THE YEAR WATER TECHNOLOGY TRADE SHOW AQUA TECH Asia M AQUATECH ASIA '94 Asian Water Technology Conference And Exhibition November 22 24, 1994 Raffles City Convention Centre, 4th Level Westin Stamford Westin Plaza AQUATECH ASIA '94 is an exhibition that features products and services related to the
      113 words

  • Page 21 Advertisements
    • 176 21 Pursuing business opportunities can leave a smaller company wishing for more cash. M M m W m M m INTERNATIONAL FACTORS has a solution: Factoring. A unique financial service that offers W m growing businesses immediate cash advances of up to 90% against their invoices. We also provide credit risk
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  • Page 22 Advertisements
    • 80 22 Last to leave Singapore* First to arrive in Hong Kong. First through customs* First to your customers* One last and three firsts means you and your customers win every time with DHL's Morning Dragon. Leaving Singapore at 2:soam and arriving in Hong Kong at 6:3oam allows you to lodge your
      80 words

  • Page 23 Advertisements
    • 344 23 Be part of the good life. Lifestyle. Everyday. nn BusincssTimcs WE KNOW ASIA This announcement appears as a matter of record only. f ECS I v Bil Group Treasury Limited acting through its Hong Kong Branch Guranteed by Brierley Investments Limited A.R.B.N. *****2 407 and Bil (Australia Finance) Limited A.C.N.
      344 words

  • Page 24 Advertisements
    • 73 24 Healthy ea^| iH iiriv f<MKI ('xjH'riciK c oil yon everyday! >Mk, COUNTRY MANNA RESTAURANTS KJ I firfg •14 Siotts r<»«ml *<>4-22 Par Bast Plaza siittfriixire i»«»22 Tel: 7.17 4«*»i r>."> I m I iII B siglap KotMl »<)2-27 Slglap Centre i ~>4"; Tel: 442 <12.12 mk> North UrttWWjWjWfl KoiHl Punan
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    • 1 24 CA.T.S.
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  • Page 25 Advertisements
    • 167 25 Financial News A Quick Look At The I I Markets! I Call 24 hours a day for I SES KLSE I I reports, closing I I market reports and Cost: 30 cents a minute miine An SPH AudioTex Service SOUTH AUSTRALIA Adelaide -100 Waymouth St Central Business District Location >
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    • 36 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f JUST CALL 1800-737-1166 Business heats up when you make the call and place an ad.
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  • Page 27 Advertisements
    • 47 27 Mondial Year End Exhibition Sale Hyatt Regency, Mezzanine Floor Bpm TODAY TILL 28th NOV 1994 Mondial Ngee Arm City 391 Orchard Road, 001-16 Tower B, Ngee Ann City. Singapore 0923 TeL *****34/*****76 Fax *****62 Mondial Scotts 6Scottsßoad *0110 Scotts Shopping Centre, Singapore 0922 Tel *****66 Fax *****19
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  • Page 28 Advertisements
    • 51 28 THE REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. jjjfc CREDIT LYONNAIS CITIBANKS Asset Mcin3Cj6m6nt Division Call CitiPhone Banking 1800f 225-5225. Not Just Banking
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    • 4 28 Tomorrow in Business Times
      4 words

  • Page 29 Advertisements
    • 98 29 I 1 r SINGAPORE COMMUTER offers CORPORATE TRAVEL CARD *'t S a crec,it card travel now P a y later -m Mm Special dial-a-cab number for members I Consolidated Monthly Statement of Accounts Other Services: Airport Meeting, Airport Transfer. I PROPERTY EXHIBITION f 1 Classification 496 (Property Exhibitions) in the
      98 words

  • Page 30 Advertisements
    • 154 30 -^^H|H|HH|HHHH|MH|hhhhhh| ?^tt; N|y£ v -jjgmjM r eft 1 kl l!\ V&&£' r 7* < v BV I I At Risis, things get rejected for Haws you'd never even notice. The merest spot, IXl^l^ the tiniest pinhole, is reason enough. That's why every Risis creation is always perfect, without the slightest
      154 words
    • 374 30 IN THE MATTER OF THE COMPAMEB ACT, CAP. 90 ANO IN THE MATTER Of AIRCARGO EXPRESS CLEARING SERVICES PTE LTD (IN MEMBERS' VOLUNTARY WINOtNQ-UP) SPECIAL RESOLUTIONS PASSED ON 17 DAY OF NOVEMBER IM4 At an Extraordinary General Meetingd the Company held 100 Beach Road *25-06 Shaw Tower* Singapore 0710 on
      374 words
    • 9 30 Personal Finance and Investment, every Saturday in Executive Lifestyle
      9 words

  • Shipping Times
    • 380 31  -  By Alec Almazan SINGAPORE Dutch liner major Nedlloyd is beefing up its presence in the North Eu-rope-Asia trade route with the deployment of a new ship. The 4,200-TEU Nedlloyd Honshu will be one of the largest vessels used by Nedlloyd
      380 words
    • 286 31 UPI BOSTON Coast Guard firefighters on Monday doused a day-old fire that killed one crewman and injured eight others aboard a coal-laden tanker in the Atlantic, 400 km east of Chesapeake Bay. Most of the tanker's crewmen were airlifted to safety
      UPI; Reuter  -  286 words
    • 1043 31 Page Col ABC Containeriine 16 1 Accord Group 8 1-3 AhlersLine 13 5 Ahrenkiel Liner 4 1/2 ANL 3 1/2 Antaco Mgmt 17 3 APL 5 4/5 Appenship 4 4/5 Arabian Express 15 5 ASCL 5 5 Astro Shpg 8 2 Avant Shpg
      1,043 words
    • 741 31 Source UK Department of Transport (vwed name; ship type; fleg; year buMt; deedwelght tonnaga/gross roistered tonnaga; ctaaaWcadon aodaty; ownara-oparatora-chartarara; wbara and whan dtlainad; aummary of main grounda for (Mantion) MVCrisul Fish factory ship; 3,990 git; Germanischer
      Source UK Department of Transport  -  741 words
    • 1808 32 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,862 on Monday from 1,855 on Nov 18. Holidays in Japan and the US this week could dampen activity and could further curtail rate gains, brokers said. The week started on a high note on the
      1,808 words
    • 15805 40 This is a list of ships loading at Singapore for ports around the worid. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      15,805 words
    • SHIPS IN PORT
      • 406 48 <t»Mi toy Wo Birth Arm* Dtpyfairt Vmd Voy No Boriti km* PqwtiiR Martea Wfcarm let* l*ts 130 P07 2311/1230 23.11 1630 Ana* Hope OC-5 *22 22-11/1230 2S.ll/23M Lone** 9409 P08A 2111/1300 *11/1*00 C S Rate 25 *23 19.12/0130 ail/2300 kbMota hp 215/94 P01A ai 1/0800 2311/1100 MUptaSte
        406 words
      • 1310 48 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Rtcord Bookini/Balance Rslts Sty Voy No Etb/Btr Pwiod From To From 0568 a/aw p g;ia X to Swa 145A 23/1500 1* g/l<M 22/1,00 Victory 005 M 24/0200 1A 22/1500 22/1659 22/1S00 IB
        1,310 words
    • 650 49 Lloyd's List EUROPEAN external trade commissioner Leon Brittan is maintaining a low profile in his efforts to prevent South Korea from expanding its shipbuilding capacity. A higher profile would put a broader expansion of EU/Korean economic links at risk, commission
      Lloyd's List  -  650 words
    • AIR AND LAND TRANSPORT NEWS
      • 381 50  -  System will ease congestion at check-in, pre-flight boarding process By Alec Almazan SINGAPORE Computer systems integrator ITS Asia Pacific has installed a US$2.5 million passenger management system at Changi Airport. The system, known as CUTE OS, was commissioned by the airlines of Terminal
        381 words
      • 465 50 Reuter DETROIT Toyota Motor Corp's Lexus Division, which burst onto the US luxury car market five years ago, faces flat sales and tough competition as it launches its first redesigned model ever. The new 1995 LS4OO sedan rolls into dealerships this month,
        Reuter  -  465 words
      • 436 50 NYT LONDON The Lockheed Corp and its plant in Marietta, Georgia, appear to be in the driver's seat to win a US$l.6 billion (552.3 billion) contract to sell 30 Hercules transport aeroplanes to the Royal Air Force. An official at
        NYT  -  436 words
      • 269 50 Bloomberg Business News WASHINGTON Continental Airlines Inc is considering a private placement of up to 20 per cent of the stock in its lagging Continental Express commuter service, according to documents filed with the Securities and Exchange Commission on Monday. The Houston-based carrier
        Bloomberg Business News  -  269 words
      • 210 50 Bloomberg Business News LUXEMBOURG Six European airlines, including British Airways and KLM Royal Dutch Airlines, officially filed their appeal against French state subsidies for Air France with the European Court of Justice in Luxembourg. Charging that a 20 billion franc (555.5 billion)
        Bloomberg Business News  -  210 words
      • LOG BOOK
        • 101 50 Knight-Ridder LONDON Offloading of the cargo from the ore-bulk-oil carrier Trade Daring has begun at Ponta da Madeira, Brazil, according to Lloyd's Intelligence on Monday. The vessel cracked and sank at the berth while loading on Nov 11. Smit Tak has been contracted to salve
          Knight-Ridder  -  101 words
        • 75 50 Knight-Ridder LONDON Smit Tak has started wreck removal operations to the bulkcarrier Sea Transporter after grounding on rocks off Mormaguoon on June 5 during a cyclone, according to Lloyd's Intelligence on Monday. The complete project is expected to take about two months. As a
          Knight-Ridder  -  75 words
        • 116 50 AFP JAKARTA The national flag carrier Garuda Indonesia is short of 40 pilots to pilot its fleet of narrow-bodied planes, Garuda's operation director Darmadi said on Monday. "We are short of about 40 pilots for aircraft of the Boeing 737 class because many pilots have
          AFP  -  116 words
        • 86 50 Reuter COPENHAGEN Danish shipping and shipbuilding group J Lauritzen on Monday said it has completed its withdrawal from the offshore sector. Lauritzen said in a statement that it transferred its drilling contract with Dutch group Nederlandse Aardolie Maatschappij (NAM) to US firm Energy Service Company from
          Reuter  -  86 words
        • 57 50 AFP BRASILIA Brazil will purchase seven British navy ships that have been withdrawn from active duty for US$l5O million (Ss22o million), officials said on Monday. The four type-27 frigates and three River minesweepers will be incorporated into the Brazilian fleet shortly, according to
          AFP  -  57 words
      • 221 50 Reuter STOCKHOLM Swedish automotive group AB Volvo said on Monday it intended to raise the proportion of its annual turnover spent on research and development (R&D) to about 6 per cent from 4 per cent. With turnover rising strongly, this meant about nine billion crowns
        Reuter  -  221 words
      • 1790 50 ati no m nw no_ GA983 0920 GA984 0310 Mta MuM GA895 1240 SQ442 2000 0W5I0 1620 SQ442 2000 MM* SQ227 2030 Amman RJ182 1440 RJ183 2225 Amsterdam KL831 1025 KL832 0001 KL831 1035 KL832 2335 GA895 1240 SQ323 1815 SQ324 2230 Auckland NZ21 1710 NZ22
        1,790 words
  • Page 31 Advertisements
    • 43 31 Drager, m SAFETY EQUIPMENT V PA9O MARINE Specifically DMi«md Appu.tus i* Par Maritime Applications HIGH QUALITY HIGH KRfOftMANCE HIGHLY AfTOROABLI Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING
      43 words
    • 26 31 Line* and services represented by Members of the Registry ol Accredited Shipping Agents, Singapore National vSBUf) Shipping Association. For afartlslnt enquiries, contact Stypfr* Times. Tel 740-2069/740-2090
      26 words
    • 201 31 VISA FREIGHT SERVICES PTE LTD 1 1^ .iu THE TOTAL TRANSPORTATION PEOPLE S 1800 *****66 I EU in low-key move to curb S Korean shipbuilding capacity, Pg 19 Changi installs USs2.sm passenger management system, Pg 20 H We Became The Best lb Eastern Canada By Making A Rather Dramatic Cut.
      201 words

  • Page 32 Advertisements
    • 1855 32 1 IMPORT.... IMPORT*.. 35 I NORTH AMERICA! I rrrußß n»BTWAnOWB I I NORTH AMERICA I =i i i»nnmiMim^^mm—Ptm"; ""i I r—«wi***<*—.on—to**) wssEi w_ mm u oak *cb M warn OK n* macoan «*a we mamma mowpiko mk mmm| gjgg mdmpomm pmumoom *ssa/*orno. lib —h vmcomb seattu stok calvomm nrna 77
      1,855 words

  • Page 33 Advertisements
    • 1786 33 MT OOCL (8) PTC LTD JAROINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT. SINGAPORE 0208 PETALING JAVA TEL: 03-*****78 FAX; 03-*****42 CFS: 03-*****42 CR NUMBER: **********0 C PENANG TEL: *****4 FAX: *****1 JK DOCUMENTATION TEL: *****55 (INWARDS/*****90 (OUTWARD) 'POM TEL: *****3/4 FAX: *****6 CUSTOMER
      1,786 words
    • 1586 33 ■BEBHEaaza CALLING VOSTOCHNY/VLADIVOSTOK/NAKHODKA LAUST MAERSK V 9411 ETA SIN 27TH NOVEMBER 1994 VMM Voir ETA ETC L_ZIZ DESTINATIONS N*»t «Mk LAUST MAERSK V Mil 111 Ulll^l CY 28/n oaoo HRS HI! n 1 AX LOe S* o MEM ATI MIA CMS BAL PHL NYC TOW MARIT MAERSK 9502 06/12 07/12
      1,586 words

  • Page 34 Advertisements
    • 1393 34 AQABA ~1 R'DAM/LT~ VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON H'BURO AWERP HAVRE FRANFURT EXPRESS 26/146 23/11 10/12 13/12 11/12 LUDWK3SHAFEN EXPRESS 16/346 26/11 5/12 12/12 14/12 17/12 1 /12 ***** DANUBE 16/147 30/11 17/12 18/12 20/12 LEVERKUSEN EXPRESS 21/347 3/12 12/12 19/12 21/12 23/12 27/12 20/12 KAMAKURA 37/146
      1,393 words
    • 489 34 <651 Ik IS'pore P.Ketang Loading for BALABAN I 28/1131/11 Rdm/Atw/UK/Nantes I 'Loads E./W. Malaysia. Indonesia I I Loading for PAN RISER Dubai/Bahrain/Damman/Kuwait I SADANK ALKAVAN Jeddah/Aqaba ♦Loads Singapofe, E./W. Malaysia. Indonesia I [Loading for STAR MAN Los Angeles/New Orleans/ I Charleston/NorfcXk/Camden PAN QUEEN Los Angeles/New Orleans/ I Charleston/Nortoik/Camden 'Loads E./W.
      489 words
    • 973 34 I NORASIA WEEKLY DIRECT SAILING TO HONG KONG, BUSAN KEELUNG ALSO ACCEPTING IS DALIAN, QINGDAO, SHANGHAI XINGANG (VIA BUSAN) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH STORE GENERAL AGENT NORASIA A6ENCIES (S) PTE LTO Also ACCEPTMG LCL TO: TEL: 479M53 FAX:
      973 words

  • Page 35 Advertisements
    • 1786 35 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 YM& new quinba pacific un« grqQH (A B erv»C€ OF CHINA NAVIGATION co> accepts fSwTy CARGO OUI SMLS C I NAGA ***** VOX kfciara lab. 23-24 Not 25 No* Not FCL, LCI
      1,786 words
    • 3289 35 mPfcO tiers P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 Keppel Towers. Singapore 0208 First Class Connections WORLDWIDE Te,: 225 2233.Teie* rs ***** pnocsp.Fax: 225 5327/222 7517 CR Number *****9 *****/ mi i VfISCL WO* *PMG «PKO «N »OU AMT ROT NAM GOT BMC ISM **«*L A11TW
      3,289 words

  • Page 36 Advertisements
    • 600 36 ANNOUNCEMENT i UTAMA HARTA SHIPPING SON BHD < X KUCHING, SARAWAK We are proud to announce our appointment of EKA JAVA AGENCIES PTE LTD 15 New Bridge Road S'pore 0105 Til: *****22 FAX: *****05 *****07 TLX: R*****0 as our new SINGAPORE AGENT for our WEEKLY CONTAINER FEEDER M.V. HARTA I
      600 words
    • 1105 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 °PERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUJj^rTTELjMfiW^ ft* YSL SM IK HNJI St* YW Fo* J?..—, a J"f. V HAN4N MOHSAJNG 02K 26/11 ONECT 15/12 16/12 17/12 ME 32 M Utt 91% 4/ IM* HANJM 10NGBEACH 050E 2/12 DNECT 22/12 24/12 24/12 HJMK 1511 3/
      1,105 words
    • 101 36 CHAHAYA SMPPING A TRADING CO. PTE LTD T«fc *****13 (6 Li dm) Fax: *****68 Tlx: RS ***** VIETNAM, BANGKOK. INOONESIA CONVENTIONAL SERVICES VCSSCI CTA no OfSTBIATION SAM NAIE 27/11 21/11 IAKMTA/SfMAHAHG CHAMAT* StIAT) 21/11 21/U SfNMAWG KURMA St I*ll 21/11 22/11 lARMTA NORTH STAR 2t/ll 29/11 BAHGKOK WAGA 54 25/11
      101 words
    • 1353 36 MKjSWji 1 d-TrTTEITT^ Im w ik u m iioanwrroiUMw nc w w t« w hk rs> aa ru w I iawk mi nil*, u 4/12 t/12 t/1212/12 11/12 n/12 14/12 15/12 it/12 an 11/1 12/1 lyi 21/1 24/1 25/1 2S/1 27/1 «/2 it/2 21/2 21/2 t taw KM2 J/12 7/12
      1,353 words

  • Page 37 Advertisements
    • 1754 37 TO S&S* fSMCL IHAIFAp ASMM vuiitr* IttßK! ni NOtfTN M«W(r*'l SMtrif AjMte; 111 im'iu< cllrWMr'lioSMlW* cSSLwSw tl: *****0; Oparattoa CmMnt 4MS7IS CO STAR SHIPPING PTC LTD r«te 2003$ coship c«n»i«<»w(. «os«5o s ims/M intZr'ZL*"— *****0 WS&JS asasw? 05iu BT M2-*****05-X COS Tk U.S. (art CmM T« «MOM(/Ctt» Fn« II I
      1,754 words
    • 922 37 Q HEUNG-A SHIPPING (KOREAN FLAG) I rut cowwcßza mm l I cowvßmowi »«ce l I flMHfljflffff*** I I HKO| JKT 1 I MiwTWtt IWCI MM 1 WKIHKBI <BM"IJKT| jMYj HKOf PUS KOOftY M42W 14/11 11/11 24/11 27/11 02/17 14/12 17/12 04/12 NO. t MMM 412N 14/111 l2»/lip/H <1/12 00/12 14/12
      922 words
    • 894 37 A I MULTILINE SHIPPING PTE LTD V (l member of SMSOV Gr«4») CR NO: **********0 C ENQUIRIES: *****33 y*- —BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 |fr. BIASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS:
      894 words

  • Page 38 Advertisements
    • 1015 38 *t_i AS AGENTS: LIME (SIMfiAWK) PTI LTD 173 m) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 I IV LINE MALAVS,A 2236,0, PGU 25.8825/6 INDONESIA: P.T. WW LIMIT ■IDIII. TEL JKT *****08 w-° s» u /u ?r., s.i r» s?,, a" M io Tj. u 5 r</Il 54 24/11 25/11 27/11
      1,015 words
    • 891 38 79 ANBON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N rnwr» tHUTTLE ttBVICK PORT KLANG PENAWQ rasa wy aw m kssei voy aw poi «WAS* 75N 22/11 (TU() 23/11 (WED) SEA LAUREL 339N 23/11 <WU» 25/11 (FIB) MCC CONVEYOR 4K47 22/11 (HJE) 24/11 (IHU) ICC CONVEYOR 4P47 25/11
      891 words
    • 248 38 /Wn GOLDEN LINE A V/QG'V GUAN GUAM SHPPMG FSXX (PTE) LTD V a, T*k kym Stoat SMOrOK lIM IQ U43MI (II IMS) fa SMJS94 <a k. mummmn ITKAITI/WmUM OULF SMITHS S pore f. KeUng Penai* OOLOCN HMKST Mrach/Dubai/Kuwait ta Part GOLDEN GRACt Karachi Dubai/Kuwait «/l Dt< eOLOED HOMO SlunfM. IwflC
      248 words

  • Page 39 Advertisements
    • 855 39 fPACIFIC INTERNATIONAL LINES (PTE) LTD I SSSS 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I I CR NO: **********0E m—EJLLUJBU hif n fa-fl BMBB IH VESSELVOY SM SKK SIN I VESSEL VOY SM JKT SIN |H EQUATOR CRYSTAL SIN 2S/11 20/11 S/12 KOTA RAKYAT (UTC2) RKYO43 24/11 20/11 2/12
      855 words
    • 894 39 «S»H VOl sm U HAWK HAMBUSG THAMES KOTTEAOAM AHTOWP W.LI Pt CWM CO6W 20/11 20/12 21/12 23/12 24/12 26/12 W.LI SAOTTA SOtW 00/12 21/12 n/\2 31/12 01/01 03/01 VILE K AQUIA AMD 13/12 04/01 05/01 07/01 M/ 01 10/01 Wilt PHYDHA HOtW 11/01 13/01 15/01 H/01 17/01 •ALSO ACCEPIMC CM)GO
      894 words
    • 524 39 I biliSiwJfcM MYANMA FIVE STAR LINE C (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIg Pen P.G4( HP*-m V2OOW 25/27 Nov PAGAN V2ISW 21/30 Not 20/91 Ok A¥A VI3IW 10/12 Ok 13/16 OK MM.ATSU MOITS OOUSTEAO SHTffK ACENCSS KUI TO. 02-03 *****00 PKL: TO. 02-03-3M717 PEA TO. 02 04
      524 words



  • Page 42 Advertisements
    • 1670 42 TO EUROPE FROM EUROPE THSi pkl pen mother wi I store! leh I rim ham I brh I m "wi pkl stow wt rusoi I«« I shmbu _jgo BSE/DBM 41K/«M3Tiirinr B. PELANGI 2414 22.11 10.12 11 12 12.12 14.12 15.12 AMUBCA 1444 23.11 24.11 2111 >1.12 >112 *12 W1: *i£
      1,670 words
    • 1001 42 FOR BOOKING 1800-*****00 (TOLL-FREE) UT,oowo m PtN MM SW HAG MO 1M U( HOB 0S» "0' WW NW 706 WO4O 1//H n/n ?l/n 74 74/11 78/11 79/11 30/11 01/1? 06/121 0//I?| 08/1? WW HAI 716/WOO9 ?l/ll 77/11 74/11 74 76 11 30/11 01/12 07/17 03/12 I/S »u MO 0//12 08/12
      1,001 words

  • Page 43 Advertisements
    • 365 43 w i (jE FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) j| yii i .1W il fc 11J13 JI GOTHENBURG/SCAN 28/TI ROTTERDAM 26/TI AARHUS/COPENHAGEN 28/11 HAMBURG/BREMEN 28/11 i; MARSEILLE/FRANCE 26/11 FELIXSTOVKE/UK 28/11 BARCELONA/SPAIN 25/11 LEHAVRE/FRANCE 257fl GENOA/ITALY 26/11 ANTWERP/BELGIUM 26/TI *> i iIBvAVU JISViTvJ
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    • 896 43 8 VtMB- *21 9 VESSEL VOY BIH PCX B I i WANA BHUM 255S Wod_ In g S l 28/11 1 KOTA JADE JADOIS Wxj In pT Fri 25/1 l" Bj| VEBBEL VOY SIN BKK 1 IBWA BHUM 78S Ed 28/11 JSSI. 30/11 DEJA BHUM <m Fri 25/11 8«t 21/11
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    • 200 43 Quarmnt—d Smiling* to:BANGKOK/lAEM CHABANG/IAOS| 26/11 (SAT). 29/11 (TUE) PORT KELANG/FOMNG 27/11 (SUN). 1/12 (THU) HONG KONG 25/11 (FEt) JAKARTA 2C/11 (SAT) KMNLA/CZBU/StaC BAT 21/11 (MON) NO CM NW 25/11 (FW) SUMBAYA 27/11 (SUN) BUSAN 21/11 (MON) MOCHAS 21/11. 2/12 (FW) Pldongnamaline] CONTAWBBMft tBWVHJ I uroa (MB) m ms mc «s*
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    • 576 43 UTEL: *****33 (12 Line*) I FAX: *****15/*****03 I TELEX: RS ***** RISHIP (3 Line*) I CR NO.: **********0E ACCEPTING FCL AND CONVENTIONAL Vmml Voy ETA Loading For Ipofi Abbay Worn 42W8 00/02 Mombasa. Opbouti Aaaab. Massawa Abbay Wow 43W8 28/03 Mombaaa. CUtboutt Kl U > CONTAINERISED RROI I.AR LINER SEE
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  • Page 44 Advertisements
    • 179 44 ASIA HKG TWN/BKK GENOA/EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 22/11 23/11 24/11 HKG/BKK/KEE/KHH Genoa/Barcelona/Marseies 26/11 27/11 28/11 f 25/11 26/11 27/11 HKG/BKK/KEE/KHH G b«r|/C hafen/S'hofcn/Oslo 27/11 28/11 29/11 29/11 30/11 1/12 HKG/BKK/KEE/KHH 28/11 29/11 30/11 n Ldn/Fli/Rtm/Ant/Ham/Lth 26/11 27/11 28/11 22/11 23/11 24/11 SHANGHAI/DALIAN JPN/KOREA/MANILA I I
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    • 287 44 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD tu HA vat rail hums kmik Bllt MR "rail SMUO M* MVN MUDHL Vl2 ludnf toe Ma DOLfHM "rail lojdmf P« KUe noma vmsm. 10/12 lo«kng for M* UMCQW S/li loafcng Fo» M* NOOKS LBUTT 2/12 lOjdMg tw Ow men oicaw 30/11
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    • 478 44 f JSL THONG SOON UNES PTE LTD I I 78 SHENTON WAY #10-01, SINGAPORE 0207 I V/ V/ TEL: 227-5088 FAX: 227-6011 I I V V TLX: RS ***** CARRIER CABLE: TOSOCO MZ I 4 vmmmm «aw cottmmr I rtrir «»B»iu*»r SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VCSSEL
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  • Page 45 Advertisements
    • 611 45 WgV'EVERETT ORIENT LINE" lAPAN/BAY Of BENGAL/JAPAN SERVICE £'i?J!SL!? MM,JU/SOC c WOfs ro/nwi no*. tokghmu. nmova. IM. touto*. MMU*. Www, Pwant* P. Kttaf Sinfapart EUsii* SHAPIAEVERETT *231 PTB/24 Nov KAAAKVEKTT V2OE 27/28 No. MMAIEttKTT V24E 13/14 Jan ACCEPT* BKMUU.R/FCL/SOC CMGOES TO/FROM CMTTMONG, CALCUTTA MB MONGLA*. (UUWWKTT SfiFE. K w*9EVO£TT V2OW 02/03
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    • 219 45 BE GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ft ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN V 23/11 30/11 2/12 4/2 GLORY SELATAN VIH 18/11 25/11 27/11 28/11 SP KOMPONG SOM GLORY SELATAN X 1/12 4/12 SINGAPORE ft
      219 words
    • 477 45 jhi PAKISTAN NATIONAL W SHIPPING CORPORATION BW&KBULK A CONTAINER SERVICE VESSEL not I m 1 ISLAMABAD 174-HW 21/11 HTPMABAO 135-HW ?4/U Jill SARGOOHA 14»-»M 10/» I MAKRAN 153-HW 31/» Li! n m cm gulf ran mkct to mam i FAR EAST CONTABMR SERVICE ONLY vtssa vot law Ihkg og*_ jgg_.
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    • 652 45 FULL CONTAINER SCI*VICE FROM MM TO MADRAS VESSEL/VOY ITA Sm CTA MAA MV PfIAVDWSHVM 21-22/11 26-27/11 MV BUNGA TERATAI V. TERO2I 23 24/11 28-29/ 11 MV PESTOVOV 06 28-29/11 03-04/12 MV SEA (WAGON V DRGO3S 03 04/12 09-10/12 MV BUNGA TERATAI V. TERO23 08-09/12 14-18/12 MV PRAVOINSH V.IO 09-10/12 18-18/12
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    • 286 45 Si fAH EAST 29/11 KEELUNG/KAOHSIUNG 27/11 BANGKOK 27/11 MANILA/CEBU 27/11 JAKARTA/BELAWAN/SURABAYA 28/11 PORT KELANG/PENANG/E. MALAYSIA 27/11 BUSAN 27/11 TOKYO/YOKO/KOBE/NGO/OSA 28/11 HONG KONG S|N CHINA 28/11 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SH| EUROPE/UK 27/11 LDN/FLX/LVP/SOU 27/11 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary /Romania /Poland Bulgaria /Czech. SjN
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  • Page 46 Advertisements
    • 1012 46 »ii illil Ittn 111 mi 1111V11 i¥ii im"lWn I mini ii IHmiM I FIXED L 111 WEEKLY SAILINGS HHNfRv [p GP SHIPPING PTE LTD I Call: Kenny/Mas/Peier m tmmmmmmmtmmmmmmmmmmmmmmmmmmmmmtmmtmmrn Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL CRT CMT Liner Express Agencies Pte Ltd Hot Line i
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    • 515 46 Con term CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 3 DECEMBER (Accepting to all N*w Zmlmhl porta) KNAN6 28 NOV JAKARTA 27 NOV PORT KLAN6 28 NOV BANGKOK 27 NOV MANILA 27 NOV MELBOURNE 26 NOV SYDNEY 26 NOV BRISBANE 28 NOV FREMANTLE 8 DEC ADELAIOE 2 DEC 26 NOV^^^^l •ACCEPTING
      515 words
    • 857 46 CONSOLIDATION TO BUSAN FIRST FORWARDER IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 (g)| for bookings NOW!!! Tel: Fax: WTEXNATIONAL SEA FREIGHT Singapore 778 6522 *****38/*****36 FORNAIWNG mil Also has offices in:- A A(C LOGCTICS SERVICES USLr MALAYSIA THAILAND PHILIPPINES Hi TV JUK' HONG
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  • Page 47 Advertisements
    • 1423 47 LINE I CONTAINERISED "HUB" SERVICE f I DIRECT TO ARGENTINA/BRAZIL URUGUAY 1 VMW VOY SM P. AMMAS USHUAJA BUI ttVWXO j I ALEXANDER SCHULTE 005E 28/11 03/01 05/01 10/01 I 12/01 16/01 I 11/02 I BMHUT NABER 003E 17/12 19/01 21/01 26/01 I 2S/01 31/01 I 24/02 FRANCISCA SCHULTE 006E
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    • 397 47 CEYIOH SHIPPING CORPW National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS <0T I 1 1 t>o U> HIM INI H MB f g ww w/n »/ii 2i/i? a/u *uk umm cow n/11 2/12 a/u h/u n/12 v/u wwaw HOMHOM6 M*l i 1/1? VI? 24/12 »/li
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    • 790 47 'KASUGA I 39£' ETA SGP 30/11/94 I M II ARR|VING OS ANGELES 17/12/94 IN DAYS ■I HAEX NEPTUNE RHODONITE 18E V ETA SGP 30/1V94 I I ARRIVING YORK 23/12/94 IN oats export I mwAXMw CAuromMA pwm ocx) tin u*wc cawapa VESSEL SGP LOS OAR VAN SfT ATL CCS HOU MPN
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  • Page 48 Advertisements
    • 705 48 aS SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****38 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA WMU I ffflWTffWl 5 SLQS/WEEK EEEHSU 3 SLGS/WEEK VESSEL VOY SIN JAK VESSEL VOY SIN SUR PANCARAN SINAR 932 IN PORT
      705 words
    • 298 48 AFGHANISTAN MAM Afghanistan Ltd., HaJratan, Torghundl. Isiamqata (Doqharun) C.1.5./RUSSIA: Voatociuiy, Vladivostok, Moacow, Baku, Taahkant, Irkutsk, Alma Ata, A»hgat>ad. Dushant*. Kiav N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE rllfU. COtfgftlNEß SERVICgtO NORTH/WEST APVUC* VESSEL SIN PKR Ned Asia V.2424 29/11 28/12 Ned Oceania V.2434 06/12 05/01
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    • 421 48 JS (A WNOLLY-OWKD SUBSIDIARY OF HOL) at MA||| L|||t; m 0255 AIRFREIGHT: 545 425S WEEKLY LCL CONSOUDATION INDIAN SUB CONTINENT ETD ETD USA/EUROPE/AUST/NZ ETD ETD COLOMBO 29/11 5/12 USA (ALL INLAND POINT) 128/111 5/12 CHITTAGONG 25/11 2/12 EUROPE (ALL BASE PORTS) 28/11 5/12 CALCUTTA 28/11 30/11 NEW ZEALAND (ALL PORTS)
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  • Page 49 Advertisements
    • 419 49 m j A HYUNDAI I I MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [~PNA [pw PGD *SSQS VOY SM RTM ANT LEH HAM BRE* FEL 23/11 »m am" H. MNOVATOR 312* a/11 16/12 11/12 17/12 18/12 11/12 M/ 12 30/11 02/11 03/11 H. EXPLORES 314* 05/12 23/12 25/12 24/12
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    • 356 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSSI WT 9 PI IK H MM IT OCEAN ME 1 24/11 25/11 21/11 IMSONHMS 11 21/11 easthh nm x 21/11 a/11 KMN JO 29/11 Ftt EAST EOTtESS 4 1/12 «/12 ORANGE MOON 54 11/12 11/12 OBHft 35 12/12
      356 words
    • 578 49 JEDDAH/UK/CONTNENT J TOR lID HON KMC RDM) UN 'Mm kctp** C«t« Fx LUDMKSMfU UPKS 19/349 29/11 5/12 14/12 17/12 19/12 21/12 sirt w»lii :tod IK Untiuhor. Mnt and Ortlr OANUBE 11/147 31/11 17/12 21/12 22/12 tattartm :to d Mwtrp, kmtmdm, (Mo. H*Uu L£HER*USE* 21/347 3/12 12/12 21/12 21/12 27/12 29/12
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  • Page 49 Miscellaneous
    • 304 49 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1J 2.3 2.4 2.4 2.2 I.S 1.4 1.2 U 1.3 1.6 2.1 2.7 3.0 3.0 2.8 2.4 1.8 1.2 0.9
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