The Business Times, 24 November 1994

Total Pages: 52
1 52 The Business Times
  • 14 1 SINGAPORE Business Times WL KNOW ASIA MITA(P) 010/12/93 Thursday November 24 1994 75 C
    14 words
  • 37 1 Reuter GENEVA Countries due to join the planned World Trade Organisation (WTO) have agreed it will have no formal link with the United Nations, trade sources said yesterday.
    Reuter  -  37 words
  • 54 1 AP NEW DELHI At least 120 people were killed yesterday in a stampede when police cane charged at thousands of tribal protesters demanding job quotas in the central Indian city of Nagpur, the Press Trust of India news agency said. The dead included 75 women
    AP  -  54 words
  • 173 1 Interest rate woes in financial markets Stock market indices Wednesday Change STII 2,217.81 -52.24 KLSE Comp 1,001.80 -24.38 Nikkei closed Hang Seng 8,576.03 -372.40 SET Index 1,332.85 -69.96 Jakarta Comp 482.0! -16.65 CLSA China B ....1,027.87 -27.36 Aust All Ord 1,857.1 -20.6 FTSE 100 3,027.5 -51.2 Wednesday Previous
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  • 474 1  -  By Paul Leo SINGAPORE The local stock market plunged a further 52 points yesterday, with the blame placed squarely on rising interest rates which had sent Wall Street reeling overnight. The Straits Times Industrials Index tumbled right from the start of trading, reaching
    474 words
  • 491 1  -  By Shiv Taneja SINGAPORE The days of double-digit growth rates for personal loans are numbered. Analysts said yesterday that the recent interest rate hike and fears of further rises would dampen demand for credit. The blistering pace of personal loans growth
    Source: Bridge Info; Source 3rd Qtr Economic Survey of S'pore  -  491 words
  • 386 1  -  By Lee Han Shih SINGAPORE Indonesian tycoon Liem Sioc Liong's surprise purchase of a 20 per cent stake in Kuantan Flour Mills (KFM) for M 532.5 million (5518.6 million) has cast new light on the lacklustre listed company that
    386 words
  • 188 1 NEW YORK US blue chips were near their lows at midday yesterday as investors worried that an anticipated bounce from Tuesday's dramatic 91 point plunge may be put off until tomorrow, analysts said. The Dow was down 33 points at midday as declines led advancing
    188 words
  • 378 1  -  From Neil Behrmann in LONDON EUROPEAN stock markets plunged yesterday as a result of weakness on Wall Street, but clawed back some of their losses in late trading. Traders said that institutions and other investors were shifting funds from equities into bonds because
    378 words
  • 402 1  -  By Lilian Ang SINGAPORE Rising interest rates mean increased borrowing costs for property companies, but the greater worry is that higher mortgage rates would dampen private housing demand and lead to a slowdown in the market. Analysts say although banks and finance companies have
    402 words
  • Page 1 Advertisements
    • 194 1 1 Bu rberrys 1 2 Rf 2 l f Wify) -v jf/ X 5 Reigns when it pours J X**X>«.*X*><W*-XX XX XXXXXXMKXK* CONTENTS News Companies S pore News 2 S'pore-M'sia 21.22 Regional News 3.4.5 Financial 26 World News 6t9 Features Markets Analysis 19 Oob/KLSE. SES 30-32 Editorial 18 Regional 28
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    • 40 1 Law: /5 Boost for S'pore role in mediation Government-linked firms seal debut deals in New Zealand, Pg 2 Malaysia's interbank rates jump 25 basis points, Pg 3 Clinton, Dole agree on deal to ensure Senate vote for Gatt, Pg 6
      40 words
    • 38 1 Hock Lock Siew: pg 21 Emulating CDL Hotels' (drarayit Last-hour Dow plunge blamed on sell programs, Fg 20 KL market attractive after slide: Merrill Lynch, Pg 22 (JS business demand for loans up despite rising rates, Pg 9
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 372 2  -  By Ven Sreenivasan THE Consumer Price Index showed a year-on-year rise of 4 per cent in October, due largely to higher transport and food costs. Prices were 0.4 per cent higher compared with September. The latest figures from the Department of Statistics show transport
        Source: Dept of Statistics  -  372 words
    • 612 2  -  PM Goh's official visit to New Zealand Reports from Alvin Tay in WELLINGTON TWO Government-linked companies, Pidemco Land and Singapore Technologies Ventures, yesterday signed two major deals worth about NZ$l4O million (SSI2B million), marking their debut in New Zealand. Pidemco Land, which is aiming for
      612 words
    • 349 2 A RAPID rise in the number of mobile phone subscribers in New Zealand in the past four years augurs well for the move by Singapore Technologies Ventures into Bell South New Zealand. Industry sources say the number
      349 words
    • 198 2 PRIME .Minister Goh Chok l ong yesterday urged Singapore companies to develop new projects in New Zealand instead of just buying existing property He cited Pidemco Land's plan to build a five-star hotel and resort on a 250 ha site at Taupo, in the
      198 words
    • 352 2  -  SCCCI can introduce its members as partners for investment in the region: Wong Kan Seng By Teh Hooi Ling THE 88-year-old Singapore Chinese Chamber of Commerce and Industry (SCCCI) can grow from a leading organisation for the Chinese community in Singapore,
      352 words
    • 321 2  -  By Claire Leow THE Western Australian Tourism Commission (WATC) will make its Singapore branch the regional headquarters for South-east Asia, as part of a restructuring exercise to cope with a surge in demand for its services. The exercise is aimed at
      321 words
  • Page 2 Advertisements
    • 61 2 Epson Makes Business A Pleasure. EPSON I I I I I I I I I I I I I I I fl| I 0,1 I I I I B I I I ■;.v- V 1;-',: l (WORLDWIDE RESERVATIONS: UTELL INTERNATIONAL) HOTEL EQUATORIAL KUALA LUMPUR, JALAN SULTAN ISMAIL, ***** KUALA LUMI'UR,
      61 words
    • 117 2 Parliament PARLIAMENT will meet on Monday, Dec 5, at 12.30pm, the Clerk of Parliament announced yesterday. U.S. $2,000,000,000 The Republic of Argentina Euro Medium-Term Note Programme Series No. 07 U.S. $100,000,000 Floating Rate "Dragon Bonds" Due 1997 In accordance with the provisions of the Notes, notice is hereby given that
      117 words

  • SOUTH-EAST ASIA
    • 340 3  -  Central bank sells US dollars to strengthen ringgit From Ho Kay Tat in KUALA LUMPUR BANK NEGARA's intervention in the currency market to boost the Malaysian ringgit pushed inter-bank interest rates up sharply yesterday. Inter-bank rates, which has been inching up since the
      340 words
    • 237 3 Knight-Ridder KUALA LUMPUR A leading analyst and former adviser to Bank Negara on Tuesday played down conccrns that high liquidity and a burgeoning eurrent aeeount deficit will fuel inflation in Malaysia. "We see inflation edging up slightly, hut it should remain under control." said
      Knight-Ridder  -  237 words
    • 181 3 Reuter PAKEM, Indonesia Grieving families yesterday buried victims of a volcanic eruption on Indonesia's Java island which killed at least 31 people and trapped dozens more with a lethal cocktail of gases, lava and debris. The bodies of 15 people including
      Reuter; AFP  -  181 words
    • NOTE BOOK
      • 105 3 AFP BANGKOK Ihe 1 hai tourism industry appeared yesterday to be heading for a record year, with a report from the state-run Tourism Authority of Thailand (TAT) that arrivals were up 5.21 per cent on 1993. Some 4.5 million tourists were recorded here from
        AFP  -  105 words
      • 98 3 Bernama SIBU Malaysia's first "floating bank" nearly sank in the Rcjang River on 1 uesday night. The boat, named Pusat Patriot Rejanx and used by Bank Pertanian Malaysia (BPM) to provide banking services to residents along the river, began listing at about Bpm while moored
        Bernama  -  98 words
      • 105 3 Bloomberg Business News HANOI Vietnamese Trade Minister Le Van Triet has introduced new regulations covering the inspection of some products leaving and entering Vietnam, the Vietnam News reported yesterday. Items to be inspected before export include crude oil, coal, rice, coffee, tea, groundnuts, rubber,
        Bloomberg Business News  -  105 words
      • 65 3 Bloomberg Business News HANOI A new regulation was introduced this week to encourage joint ventures between foreign car makers and Vietnamese partners, the Vietnam News reported yesterday. The State Committee for Cooperation and Investment, the official licensing body, said priority would be given to projects
        Bloomberg Business News  -  65 words
      • 78 3 AFP JAKARTA Indonesia's exports are projected to increase by 16 per cent a year after next year's implementation of the new General Agreement on Tariffs and Trade (Gatt). The Minister of Trade, Satrio Joedono. told a parliamentary commission on Tuesday that the country 's
        AFP  -  78 words
      • 69 3 Reuter BANGKOK Hundreds of people have fled their homes in a ruby-mining area of north-eastern Myanmar after an outbreak of a fatal mystery disease, gem miners and other sources said yesterday. People were leaving the gem-mining town of Mong Hsu and villages in the surrounding area
        Reuter  -  69 words
  • Page 3 Advertisements
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  • CHINA/HONGKONG/TAIWAN
    • 402 4  -  From Lim Soon Neo in HONGKONG THE NERVOUSNESS of the Hongkong stock market did not deter developers from buying up three pieces of land at yesterday's public auction, although the big players were away and the bidders were very cautious. The
      402 words
    • 285 4 AFP BEIJING China and Taiwan have made painstaking progress on the issue of repatriating airline hijackers across the Taiwan Strait, but differences of opinion remain, officials from both sides were quoted as saying yesterday. Repatriation was the main subject under discussion at
      AFP  -  285 words
    • 358 4 AP AFP HONGKONG China's foreign trade minister yesterday accused the US of unfairly treating China's bid to rejoin the world's largest trade body. Wu Yi also suggested that Beijing was running out of paticnce in its eight-year application to rejoin the
      AP; AFP  -  358 words
    • 206 4 AP BEIJING Ten years ago, visitors exclaimed over Beijing's wide avenues and boulevards, virtually devoid of cars. Today, those same roads are clogged with more than 800,000 motor vehicles and eight million bikes. In an anempt to better control the burgeoning
      AP  -  206 words
    • CHINA WATCH
      • 72 4 AFP HONGKONG Tourists and residents alike have been advised to carry a lot of small change in China's most prosperous city of Guangzhou, due to an unexplained shortage of lesser denominated notes and coins, it was reported yesterday. Many shops in Guangzhou have put up
        AFP  -  72 words
      • 83 4 Reuter BEIJING China is drafting regulations to prevent enterprises from declaring bankruptcy to avoid repaying debts, the China Securities A'm said. Under the regulations, any enterprise is required to seek the approval of its creditors to set up subsidiaries and the amount invested in the subsidiaries
        Reuter  -  83 words
      • 61 4 AFP BEIJING The authorities in China's Qinghai province have disciplined 15 people whose negligence led to last year's dam burst there that killed more than 300 people. Xinhua said yesterday. Some 288 people were officially listed as dead after the Aug 27 disaster at the
        AFP  -  61 words
      • 99 4 Reuter BEIJING Chinese investment in fixed assets will rise by 19 per cent in 1995 to 1.850 trillion yuan (SS3I7 billion), from a base of 31.4 per cent growth in 1994, the State Information Centre said. Investment grew by 42.6 per cent in 1992 and
        Reuter  -  99 words
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  • REST OF ASIA
    • 378 5 Reuter KARACHI Pakistan has curbed its fiscal deficit and money supply, but has yet to win the battle against inflation, according to its central bank governor. State Bank of Pakistan (SBP) governor Muhammad Yaqub said on Tuesday the government would not
      Reuter  -  378 words
    • ASIA NOTES
      • 96 5 AFP SEOUL South Korea's bilateral trade with Japan posted a monthly reeord in Oetober with both exports and imports breaking all-time highs, the Ministry of Trade. Industry and Energy said yesterday. The nation's exports to Japan amounted to US$l.37 billion (SS2 billion) in
        AFP  -  96 words
      • 75 5 AFP KATHMANDU Veteran left wing leader Man Mohan Adhikari was nominated by his party yesterday to take on the task of forming a minority communist government in Nepal. The 74-year-old chairman of the Nepal Communist Party-United Marxist and Leninist (NCP-UML) will go to see
        AFP  -  75 words
      • 52 5 Bloomberg Business News TOKYO South Korea is asking Japan to further open its market for imported foods, the Nihon Kcizai newspaper said yesterday. The country also said Tokyo should make it easier for foreign construction and oil companies to enter the Japanese market. Bloomberg
        Bloomberg Business News  -  52 words
      • 63 5 Reuter TOKYO Japan has reacted coolly to a report by an international jurists' group urging it to pay financial compensation to Asian women used as sex slaves for its soldiers during World War 11. Chief Cabinet Secretary Kozo Igarashi said on Tuesday Japan was already
        Reuter  -  63 words
    • 226 5 AFP SEOUL South Korea's top 30 conglomerates plan huge facility investments next year, mainly in the electronics and car sectors, with the overall estimate for the year totalling 32.35 trillion won (5559.5 billion). The projection for 1995 is up 26.1 per cent from
      AFP  -  226 words
    • 268 5 CANBERRA Australian Prime Minister Paul Keating's Labour government is holding power by only a knife-edge and would lose the next election if only a tiny fraction of voters deserted it, according to an electoral analyst. The analyst, Malcolm Mackerras, calculates that a 0.5
      268 words
  • Page 5 Advertisements
    • 289 5 BBmbal BbH in management I CONSULTANCY I f()V all onstiltants sell cinpkt\ til management consultants and those who arc interested in top < OllSllltailtS 77;/-V IHA for yon! LOWER IDD RATES TO GERMANY MEAN LONGER HAPPY HOURS. A one-minute call to Germany is now J $2.15*, at Standard IDD rates
      289 words

  • THE WORLD
    • WORLD WATCH
      • 67 6 Reuter Ignoring government warnings that they were helpigfe Colombian drugs traffickers, lawmakers on a key committee tffcve approved a law which would make it much harder to gjfosecute narcotics dealers, money launderers and corrupt offices. The law makes it virtually impossible to prove illicit
        Reuter  -  67 words
      • 73 6 Reuter Socialist European Commission President Jacques Melors has overtaken conservative Prime Minister Edouard Balladur for the first time in the 1995 French presidential election rice, according to an opinion poll yesterday. The survey, conductor by the BVA group, showed Mr Delors beating Mr Balladur by
        Reuter  -  73 words
      • 93 6 Bloomberg Business News Netherlands Dutch economic growth slowed tfcwn slightly in the third quarter because the services sector is barely benefiting" from the recovery, the Central Bureau of Statistics said on Tuesday. Releasing preliminary figures for gross domestic product, the statistics bureau said the
        Bloomberg Business News  -  93 words
      • 77 6 Bloomberg Business News PARIS France's 1994 budget deficit will remain at 301 billion French francs (5582.8 billion) as both revenue and spending equally overshot their targets. Budget Minister Nicolas Sarkozy sjjid. He said revenue rose 30.6 billion francs above the initial target. Spending rose
        Bloomberg Business News  -  77 words
    • 184 6 Coopers Lybrand sued over audit of failed US group Bloomberg Business News rjteW YORK Coopers I&brand has been sued for IJKSII2 million (*****.6 milIjtn) by the federal Resolution Corp over the accounting farm's audit of a failed Texas servings and loan group. The RTC, the government aiency in charge of
      Bloomberg Business News  -  184 words
    • 492 6 AP Reuter WASHINGTON President Bill Clinton and Senate Republican leader Bob Dole have struck a deal that will enable Mr Dole to swing his crucial support to the Gatt trade pact when it comes to a Senate vote next
      AP; Reuter  -  492 words
    • 48 6 Reuter LONDON lona Sales holding a 1933 pennv coin one of only seven such coins known to exist which fetched a bountiful £25,300 (5558,250) at auction on Tuesday. The auction by Spinks set a record for a British bronze coin. Reuter
      Reuter  -  48 words
    • 242 6 AP BONN German Chancellor Helmut Kohl said yesterday that the "political" unification of the European Union would top his government's agenda for the next four years. He said the issue was one of "vital interest to Germany". "The central task of this
      AP  -  242 words
    • 411 6 Bloomberg Business News PARIS European monetary union could be possible as early as 1997 if European countries are prepared to bring their economies into line with each other. French and European Commission officials said. "As things stand, one can't rule out any hypothesis,
      Bloomberg Business News  -  411 words
    • 435 9 Bloomberg Business News WASHINGTON The Federal Reserve's poliey of pushing interest rates higher as a way of braking US eeonomitgrowth is not having much effect in one key area: business demand for loans continues to grow. That word came on
      Bloomberg Business News  -  435 words
    • 259 9 Los Angeles Times WASHINGTON The welfare reform plan drafted by House Republicans would reduce aid to the poor by US$57 billion (5583.4 billion) over four years and deny benefits to half the families and children that receive aid under
      Los Angeles Times  -  259 words
    • 60 9 Reuter LONDON A visitor to the Tate Gallery was caught off guard on Tuesdav as he entered a room with sculptures by Antony Gormley. Gormley was awarded the £20,000 (5546,000) Turner Prize for artists. The sculptor used moulds of his own naked body to
      Reuter  -  60 words
    • 190 9 AP LONDON London's financial district is to boost its defences against bombers following reports the IRA was still moving men and explosives around mainland Britain despite the ceasefire. The City, London's one-square-mile (2.5 sq km) financial district, was bombed by the Irish Republican Army
      AP  -  190 words
    • 313 9 NYT BRUSSELS Proposals lo tighten European broadeasting quotas and separately to ban advertising on new electronic information services are threatening to divide the European Commission. The outgoing audiovisual commissioner, Joao de Deus Pinheiro. who is believed to have strong backing from Commission
      NYT  -  313 words
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    • 205 9 LOWER IDD RATES TO THAILAND ARE ON EVERYONE'S MIND. From today, the only thing that should come to mind about Thailand is the lower IDD rates. At 2 40* a Singapore minute, at Standard IDD rates, what else is there 7 Telecom "GSf applies Servce first A .vays H fß^^B
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  • Page 10 Advertisements
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    • 338 10 WHERE TO WINE, DINE AND ENTERTAIN Xt On# Why not make your next corporate function a mix of businessand pleasure? Hold it at our corporate room in Singsation. Singapore's first theme karaoke lounge at the Plaza Hotel. <f <* V Plaza Hotel mil iifuu, >iI 1 I M -TT*" SUSHI
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  • LIFESTYLE
    • 734 11  -  Playwright-director David Mamet discloses his inner feelings to Bruce Weber Bruce Weber NYT YOU MAY not think of David Mamet, the prolific author of angrified and angrifying plays and films, as an insecure fellow. But there was a day not so long ago. he says,
      NYT  -  734 words
    • 258 11 CHATTERBOX UPI UPI UPI WHEN Pierce Brosnan takes over the role as super-suave Super-agent 007, who will be the new Bond girl? Entertainment Weekly magazine reports that Czech model Eva Herzigova is among the finalists for the female lead in Goldeneye. the latest
      UPI  -  258 words
    • 67 11 AFP LONDON George Martin, who produced The Beatles' early albums, showing on Tuesday the first album of music by the Fab Four to be released in more than 24 years. Live at the BBC features 56 tracks recorded for BBC Radio
      AFP  -  67 words
  • Page 11 Advertisements
    • 146 11 ■HHMHKH I Pasta B rcwci announces a new I 1 A La Carte Menu I J Executive Set Lunch at $18 5 Opening hours: 1 12 2.30pm (Lunch) and I 2 6.30pm 10.30pm (Dinner) g I -p m (ea It■<#«*" I PASTA RAVA B ITALIAN RESTAURANT m m 11 Craig
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  • Page 11 Miscellaneous
    • 1166 11 I TV RADIO J Doa't M«|i tabysi^ Catch Fire, 9pm, TV 2 )h/ Jodie Foster plays an artist who witnesses mob killing. She disappears, but hitman Jm -<Wf. Dennis Hopper traeks her JH mm down. Luekily for her he har- Kg ings for her. So he kidnaps her f J
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  • Page 12 Advertisements
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  • INNOVATION & TECHNOLOGY
    • 691 13  -  The rack supported building offers substantial savings in time and money, Seamus Phan learns Seamus Phan The writer is managing consultant oj a strategic and quality management firm AFLIGHT-catering warehouse soon to be eonstrueted at Changi Airport will be the first in Singapore to be built using a
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  • Page 13 Advertisements
    • 725 13 BUSINES_STIME^_ TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 D.S. SERVICES PTE LTD (Incorporated in Singapore) Application has been made to the Directors of the abovenamed Company to issue duplicate share certificates in place ot the following share certificates which have been reported lost or destroyed No. of shares Certificate No. Name of
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    • 538 13 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883' FAX: 741-1298 W I ASIAN I PUBLISHING 1 I BUSINESS JOURNALIST I I SENIOR SUB-EDITOR I To start in January 1995 I Two enthusiastic self starters arc needed to join the editorial team of Asian Wm Chemical News, the Asia-Pacific region's first dedicated news
      538 words

  • Page 14 Advertisements
    • 396 14 r if t 1707 -C ARLO GOLD ONI 1 7 93 Meet carlo goldoni, the great 17th century Venetian playwright WHO POPULARISED THE COMMEDIA DELL'ARTE, A FORM OF THEATRE WHERE fill? EVERYTHING IS IMPROVISED DIALOGUE, ACTION, COMIC RUSINESS OR LAZZI rased on a summarised scenario, all over europe, goldoni is
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  • THE LAW PAGE
    • 999 15  -  Enactment oflnternational Arbitration Act will make the Republic more attractive as a place to resolve commercial disputes in the region, writes Benny Tabalujan Benny Tabalujan The writer is a lecturer in law at the School oj Accountancy Business. Hanyang Technological L niversity. Singapore. He
      999 words
  • Page 15 Advertisements
    • 1669 15 THE UNIVERSITY OF HULL England 1927 IMBA EE OES "OVER 100 GMs, MDs, CEOs ALREADY IN THE PROGRAMME!" "ONE OF THE MOST ESTABLISHED IN SINGAPORE" First to offer TQM and a Systems Approach to Creative Kflflßulfl Problem Solving the management philosophy of the 1990s HRRffiMfl First to offer Entrepreneurship and
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    • 305 15 M THE MATTER OF THE COMPAMES ACT, CAP. 50 URBAN CONSTRUCTION TRADING PTE LTO fn Voluntary Uquidalon) At an Extraordinary General Meeting of the members of URBAN CONSTRUCTION TRADING PTE LTD duly convened and held at 859 Upper Serangoon Road *01-01 Hougang Court, Singapore 1964 on the 22 day of
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  • Page 16 Advertisements
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  • SPORTS
    • 440 17 Golf AFP PONTE VEDRA. Florida World Tour organisers and PGA Tour officials met here for talks on Tuesday but found little room for aecord in a battle that threatens to start a global civil war of golf. John
      AFP  -  440 words
    • 356 17 AP TOKYO Takanohana, the young muscleman powerful enough to hurl opponents nearly twice his size out of the ring, has joined Ameriean Akebono at the top of the sumo world. Taka, as the 22-year-old is known, ended a year-and-a-half drought with no
      AP; Reuter  -  356 words
    • 403 17 AP HOUSTON The Rockets' 23-game November winning streak ended when Clyde Drexler returned to the Portland lineup and led the Trail Blazers to a 102-94 victory on Tuesday night. Drexler, who missed two games with a right ankle injury, scored 30 points. Cliff
      AP  -  403 words
    • SPORT SHORTS
      • Article, Illustration
        124 17 AFP AP LONDON Wimbledon, the world's most famous tournament, made a record profit of £28 million (5564.4 million) this year a staggering 70 per cent increase on the previous record of £16.4 million set in 1993. This is a major boost for British tennis, as all of the surplus
        AFP; AP  -  124 words
      • Article, Illustration
        39 17 AFP W ASHING lON NBA Tuesday: Milwaukee 116 Boston 94: Atlanta 102 Philadelphia 99; Cleveland 112 Minnesota 79; Charlotte 102 Golden State 98; Portland 102 Houston 94; Seattle KM New Jersey 97; Chicago 105, LA Clippers 93. AFP
        AFP  -  39 words
      • Article, Illustration
        82 17 Reuter SYDNEY Pakistan joined host Australia as convincing winner on the opening day of the eighth men's World Cup yesterday. Pakistan swept past Argentina 3-0 while Australia beat World Cup newcomers Belarus 2-0 in the tournament's opening fixture. England and Spain shared a goalless draw in the third Group
        Reuter  -  82 words
      • Article, Illustration
        60 17 AFP PRESTON, England James Wattana survived a mid-match crisis to take his place in the last eight of the UK snooker Championship here on Tuesday. The 24-year-old Thai, ranked No 3 in the world, overcame Northern Ireland's Joe Swail 9-4 to set up a quarter-final meeting with 1991 champion
        AFP  -  60 words
      • Article, Illustration
        154 17 AP Reuter CHIBA, Japan Ethiopia led all the way and won the men's race, while Japan took the women's crown for the third consecutive year yesterday in the 6th International Chiba Ekiden, a relay marathon. Ethiopia's Abrcham Asscfa took the lead in the 10-km first leg and Bedilu Kibret.
        AP; Reuter  -  154 words
      • Article, Illustration
        144 17 AP KUALA LUMPUR Finland overtook overnight leader Sweden on Tuesday and led the 15-nation men's field after the third day of the inaugural men's World Tenpin Team Cup Championships. South Korea kept its lead in the women's competition, winning five matches and losing two. Standings Men: I Finland 42
        AP  -  144 words
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    • 349 17 MasterCard^ Hot Air Balloon >4 fgm* Chronicles of ptm Travel" takes you on a Hot Air Balloon Safari BWIIIHIIHIIiTIWHWIIIIII^WIIBIIWBWIIIHIBWHWiIIBmSWHIWHIIBWIIWIHnHHHHIiHIWgTiBHBIIIIHIIIIMIBIMwIWniIIrJWiniinBIHIIIIMIIIIUIIIMIIIIMIMTiTIIHwIBII^M I 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
      349 words

  • 552 18 EDITORIAL THEY CAME, they met and they did every- I thing more or less expected. The Opec min- < istcrs in Bali predictably froze production for another year and chose, pragmatically enough, a compromise candidate as sccrc- < tary-gcncral. This organisation of 12 petroleum export-
    552 words
  • WHAT THE OTHERS SAY
    • 457 18 CHINESE President Jiang Zemin's visit to Vietnam has resulted in a diplomatic breakthrough whose results will be felt keenly in the years to come. Beijing and Hanoi have decided to begin joint development of the Spratlys pending a peaceful settlement of their dispute over them. This exemplifies
      457 words
    • 184 18 IT IS understandable that the United States has to raise its interest rates to curb inflation, attract foreign funds and steady the value of the US dollar. However, it the US brings about a trend of high interest rates around the world through the pumping
      184 words
    • 163 18 FOURTEEN years after Esso Natuna Inc. the Indonesian subsidiary of Exxon Corp. obtained a produc-tion-sharing contract from Pertamina for the development of the Natuna D-Alpha block, the American contractor is about to develop what will be its biggest natural gas bonanza in the world. Some loose
      163 words
    • 117 18 ONE wonders what perverse jinx plagues the Philippines. Perennially dogged by disasters, natural or man-made, Asia's once proud and prosperous state has in recent years staggered along like a punch-drunk boxer through a horrendous cycle of crises: typhoons, floods, earthquakes, volcanic eruptions, financial scams, political scandals,
      117 words
    • 156 18 ALL too often, the means to blunt the edge of a rightful cause overpower the ends a lasting solution. Neutered and shorn of their propensity to create unrest, the victims of atrocious injustice are silenced and left to rot away in the rubbish heap of history. In
      156 words
  • 1104 18  -  The strike planned by the Transport Workers Union marks the first blow against Australia's system of enterprise bargaining. Peter Lynch reports Peter Lynch The writer, a Sydney-based journalist, contributed this article to BT Australian Prime Minister Paul Keating is fond of calling
    1,104 words
  • Page 18 Advertisements
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    • 298 18 I MFfflline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The SAGITTARIUS Man Entertainment News 8451 Juicy News Of Johnny Depp. R Kelly Pamela Andeson Ghost Stories 8452 Dancing Tree; Win Prizes! Children's Funland 8453 Animal Quiz Face Facts 8454 Career Region Dreamland 8455 Dreaming Of Mother; Fandi
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  • Page 18 Miscellaneous
    • 118 18 GOOD SIR THe. < &.>5 ItfUuMfttflTy I DRPftn rnwr im SFfcCJN-' «S RT youß r Q i uxcp>d go»ng in scgyice.... u>e rucce >s going on scueDute.... voo uont ee —\r 1 r" T o epQ t> smrcds Fq? todrv. i I -v-rS OVeR TUpiT LOST INVO'Ce... |j|^ DOONESBURY GARRY
      118 words

  • ANALYSIS
    • 1564 19  -  Leslie Lopez who was in Medan recently, finds out whether the lot of workers has improved since labour riots shook the city seven months ago Leslie Lopez The writer is BT's Jakarta correspondent SITTING on a raised platform in his dimly-lit shack. Sutarmin believes
      1,564 words
    • 997 19  -  Alan Boyd on how Thailand's export earnings surpassed the one trillion baht mark and the challenges facing the country's exporters Alan Boyd Ihe writer, a Bangkok-based journalist. contributed this article to HI IT WAS only a statistical blip, but Thai exporters this week reached a
      997 words
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      116 words

  • 557 20 Reuter DENPASAR. Indonesia Booming Asian oil demand will be critical for the future of both Opec and world oil prices in coming decades, industry analysts said. The Organisation of Petroleum Exporting Countries is expected to supply over half the globe's oil
    Reuter  -  557 words
  • 361 20 AP Bloomberg Business News WASHINGTON Led by a steep decline in demand for cars and other transportation equipment, new orders to US factories for big-ticket durable goods plunged 1.5 per cent in October the first drop since July. The
    AP; Bloomberg Business News  -  361 words
  • 80 20 AFP PARIS Police displaying 748 violins and cellos they seized from the flat of a former junk salesman on Tuesday. They claim the man, 60, bought nearly worthless violins at flea markets, altered their identifying marks to make them look like valuable instruments, and sold them to Japanese
    AFP  -  80 words
  • 250 20 Reuter BRUSSELS The European Commission painted a rosy picture of the European Union's economic future yesterday, predicting accelerating growth and steadily improving government finances. But Economic Affairs Commissioner Henning Christophersen warned that despite the recovery, unemployment would remain stubbornly and unacceptably high.
    Reuter  -  250 words
  • 425 20 Reuter NEW YORK With most writeoffs for restructuring behind it, and buoyed by strong profits through the first half, the US chemical industry stands to report record profits in 1994, according to the Chemical Manufacturers' Association. The industry had
    Reuter  -  425 words
  • 457 20 Reuter LONDON Sell programs on futures markets and plays by domestic investors were the main reason behind the alarming drop on Wall Street on Tuesday, fund managers said yesterday. "It was steady all day and then the plunge happened in the last hour,"
    Reuter  -  457 words
  • 544 20  -  The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a LK-hased journalist who contributed this commentary to BT THE CURRENT political upheaval in the Republic of Ireland is only a symptom of a struggle that is bedevilling the last official theocracy
    544 words
  • 407 20 Reuter ROME Italian President Oscar Luigi Scalfaro appeared to back Prime Minister Silvio Berlusconi yesterday in his refusal to resign over an investigation against him for alleged corruption. A statement, issued by Mr Scalfaro's office after he met the heads of both
    Reuter  -  407 words
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  • COMPANIES & MARKETS
    • 462 21  -  By Teh Hooi Ling SINGAPORE A Cosco Investment associate, Cosem Pte Ltd, is slated to take part in a multi-billion-dollar township project in China. Cosem, equally owned by Cosco Investment and Sembawang Maritime, will build the port in a plan to develop
      462 words
    • 252 21  -  By Abdul Hadhi SINGAPORE Semiconductor firm Sunright has joined forces with Amster-dam-listed Rood Testhouse International to set up a computer chip testing plant in Taiwan. Sunright said yesterday the plant would be operated through a joint-venture company called KES Rood Technology Taiwan. Located
      252 words
    • 179 21 SINGAPORE Foam packaging maker Broadway Industrial Group said yesterday its manufacturing plant in Suzhou, China, will start running from this weekend. A company statement said the plant, which is run by subsidiary Suzhou Broadway Plastic Packaging Co, has six moulding machines. Another two
      179 words
    • 201 21 SINGAPORE Aztech Systems Ltd has set up a manufacturing facility in Dong Guan, China, and an international procurement and sales office in Hongkong to tap the region's expanding multimedia markets. Aztech said yesterday it had formed a Hongkong-based joint venture,
      201 words
    • 789 21  -  HOCK LOCKSIEW By Lee Han Shih SINGAPORE A quiet but intense race between the two Hong Leong groups is on once again. This time. Hong Leong Malaysia is playing the unfamiliar role of trying to catch up with its Singapore counterpart. Owned
      789 words
    • 219 21  -  By Rahita Elias SINGAPORE Homegrown conglomerate Keppel Corp and Mitsui Engineering Shipbuilding plan to further collaborate in the engineering field. A Keppel spokeswoman said yesterday that they could be moving into the material handling equipment business such as cranes. However, she said
      219 words
    • 193 21 SINGAPORE Berger International Ltd has signed a 60-40 joint venture with Ningbo Paints Factory to build a USSS million (557.3 million) plant in Ningbo. China. Berger Paints (Ningbo) Ltd will build the factory in the chemical industries zone of Ningbo, about 150
      193 words
    • EYE on your STOCKS
      • Article, Illustration
        47 21 Weak Market \lood indicates the likely trading sentiment today, based on brokers polled ut .5-6pm yesterday. Overnight events may alter sentiment Brokers polled Alliance, Baring. Daiwa. Fraser. GK (ioli. Kay Hum. Morgan Grenfell. OngCo. Nomura. Phillip. Smith Sew Court. Il l Carr and SG Warburg.
        47 words
      • Article, Illustration
        124 21  -  By Paul Leo SINGMARINE Industries is trading an upward sloping channel formed by two parallel lines joining the troughs and peaks since August 1992 on the monthly chart and there are no signs of a break on either side. Weekly and monthly Relative Strength indices are neutral. Fine
        124 words
    • COMPANIES
      • COMPANY BRIEFS
        • 31 22 SINGAPORE Harimau Investments Ltd said yesterday its net tangible assets backing for each $1 share based on the groups unaudited accounts as at Oct 31 was $2.24.
          31 words
        • 50 22 SINGAPORE Clipsal Industries (Holdings) Ltd said its Malaysian subsidiary has sold 158,000 shares at M 58.30 (554.75) each in PWE Industries, which is listed on the Kuala Lumpur Stock Exchange. This reduces its subsidiary's stake in PWE from 29.26 per cent to 28.21 per cent.
          50 words
        • 76 22 Bernama KUALA LUMPUR Hong Leong Credit Bhd, part of the Hong Leong group, reported vesterdav a group pre-tax protit growth of 118 per cent to M 5305.31 million (SSI7S million) for the year ended June 30, from MS 140.03 million previously. Group turnover jumped 114
          Bernama  -  76 words
        • 39 22 Bernama KUALA LUMPUR Mitrajaya Holdings Bhd has contracts totalling M 5459 million (***** million) in hand which will keep the civil engineering group fully occupied until 1997, managing director Tan Eng Piow said yesterday. Bernama
          Bernama  -  39 words
        • 52 22 Bloomberg Business News KUALA LUMPUR Shareholders in Kumpulan Emas Bhd, a palm oil and timber company, have approved a sale of new stock that will raise as much as MS3I7 million (SSIBI million). The sale is in the form of a rights issue. Bloomberg
          Bloomberg Business News  -  52 words
        • 39 22 Bemama KUALA LUMPUR Cellular Communication Network (Malaysia) Sdn Bhd (Celcom), the mobile telephone operator, plans to introduce paging services by the second quarter of next year, its executive vice-president, Burhanudin Mohd Yusoff, said yesterdav. Bemama
          Bemama  -  39 words
      • 241 22 AFP MANILA The Philippine Stock Exchange plans to start trading corporate bonds in February next year in another bid to broaden capital sources, the bourse president said on Tuesday. Eduardo de los Angeles said they would ask President Fidel Ramos
        AFP  -  241 words
      • 461 22  -  By William Chia SIMGAPORE Automotive parts maker PT Indoprima Gemilang is the latest to join the string of Indonesian companies going public this year with an offer of 24 million new shares. Indoprima president director Soewondo Basoeki, who was in
        461 words
      • 448 22  -  From Ho Kay Tat in KUALA LUMPUR THE RIDE will be rough but US investment house Merrill Lyneh takes a positive view of the Malaysian stock market, which it says is no longer excessively priced after a 15 per cent slide since
        448 words
      • 354 22 KUALA LUMPUR Tycoon Amin Shah Omar Shah is marking his entry into South Africa with a US$lOO million (SSI47 million) investment via his wholly owned company Business Focus Sdn Bhd. The investment comprises a 70 per cent stake in the MS 147.6
        354 words
      • 266 22  -  From Maggie Ford in JAKARTA INDONESIA'S strong economy has boosted car sales, allowing PT Astra International, its leading auto firm, to report an 83 per ccnt rise in net income for the first nine months of this year. Sales were
        266 words
      • 537 22 UNIT TRUSTS HUNTS NUnjfCrs priccs Nov 24 Mcndaki Gr Fund I 04 1.12 US Gr Fund 0.9J 0.97*d" Singapore Unit Trust M The Commerce 162 1.71 U06 ASSOt mgt Ltd rhc Savings Fund 1 56 1.65 Umfund 1.45 1.51 S pore Prog Fund 0.61 0.65 l nitxmd+ 1.045 1.07 S
        537 words
      • COMPANY BRIEFS
        • 46 24 Bloomberg Business News SCOTTS VALLEY, California Seagate Technology Inc, one of the world's largest computer disk-drive makers, said it was leaving Nasdaq for the New York Stock Exchange next month for reasons of "prestige" and easier access to overseas capital.
          Bloomberg Business News  -  46 words
        • 36 24 AFP MELBOURNE The Australia and New Zealand Banking Group said yesterday it had more than trebled net profits in the year to Sep 30 to A 5821.9 million (*****.2 million). AFP
          AFP  -  36 words
        • 33 24 Bloomberg Business News SEOUL Samsung, South Korea's largest conglomerate, said it will invest US$9.3B billion in building plants for semiconductors, autos and others and developing new technology next year.
          Bloomberg Business News  -  33 words
        • 56 24 Reuter HONGKONG Film-maker and distributor Golden Harvest Entertainment (Holdings) Ltd surged 22 HK cents or 11.40 per cent from its issue price to close at HKS2.IS in its first day of trading, despite the plunge of the broad market. Brokers said market makers did most
          Reuter  -  56 words
        • 59 24 UPI BURBANK, California Walt Disney Co announced that Os-car-winning actor Sidney Poitier has been named to its board of directors for three months. He will fill the unexpired term held by the late Frank G Wells, who was president and chief operating officer until
          UPI  -  59 words
        • 67 24 AFP HONGKONG Seven employees of a securities firm have been accused of illegally using clients' money to buy shares on the Shanghai stock market. The seven with an average age of 23 were charged by a court in Shanghai's Huangpu district with embezzling more
          AFP  -  67 words
      • 200 24 Reuter WELLINGTON Brierley Investments chief executive Paul Collins defended BlL's track record in the newspaper industry. "The reality is that... regardless of whether or not BIL had been a shareholder in New Zealand News, the Auckland Star and Christchurch Star would not have
        Reuter  -  200 words
      • 372 24  -  From Lim Soon Neo in HONGKONG THE Stock Exchange of Hongkong (SEHK), which has been accused of dragging its feet over equity options trading, yesterday announced that HKSI7O million (5532.7 million) will be spent to launch the market in August 1995. "Options
        372 words
      • 290 24 FT NEW YORK The succcss of Walt Disney's animated features, especially The Lion King, more than offset a downturn in its theme parks to produce record earnings of USS226 million (*****.64 million) in the fourth quarter, compared with a loss of US$7B million
        FT  -  290 words
      • 294 24 Reuter LONDON Four new stock exchange systems are poised to slice into an investment cake that has been, up until now, controlled by the London Stock Exchange (LSE). Last week the European Association of Securities Dealers (EASD) became the latest
        Reuter  -  294 words
      • 213 24 NYT WASHINGTON Continental Cablevision Corp said on Tuesday that it had agreed to buy the cable systems owned by Providence Journal Co in a deal valued at US$l.4 billion (552.05 billion). Continental, the nation's No 3 cable company with 3.1 million subscribers, is now
        NYT  -  213 words
    • FINANCE & COMMODITIES
      • 405 26  -  By Juliette Walker SINGAPORE Citibank is investing over USS6O million (SSBB million) in a regional data processing centre here to serve its consumer banking operations in 14 countries in the Asia-Pacific and the Middle East. The US-based bank is pouring US$4O
        405 words
      • 175 26 SINGAPORE Six Singa-pore-based banks have clinched a deal to lend USSIB million (5526.3 million) to Indonesian poultry producer Anwar Sicrad in the Asian dollar market. They arc the Singapore branches of ABN-Amro, Dai-I-chi Kangyo Bank, Sanwa Bank, Banquc Nationalc dc Paris, Rabobank
        175 words
      • 191 26 AP ZURICH Chiefs of Switzerland's biggest bank on Tuesday narrow ly fended off an attempt by a rebel shareholder to force a trimming of operations to produce more profits. Some 66.8 per cent of shareholders who attended an extraordinary meeting of the
        AP  -  191 words
      • 277 26 Reuter MACTAN, Philippines South-east Asian bankers yesterday said they wanted to forge closer ties in the face of increased global competition, but technology and available resources could pose problems. Filipino banker Rafael Buenaventura, chairman of the 10th Asean Banking Conference, said regional banks
        Reuter  -  277 words
      • 261 26 SINGAPORE Australia's insurance companies are heading north at a canter, in search of new business amid the growing middle classes of Indonesia. In the past 12 months three Australian insurance companies have completed deals to begin joint ventures in Indonesia. while two are
        261 words
      • 396 26 Reuter LONDON Aluminium producers looking to lock in benefits from soaring prices have been the driving force behind the busiest few days of aluminium options trading on record. Three-month aluminium futures soared to a fresh fouryear high of U552.015 (552.951) a tonne on Tuesday
        Reuter  -  396 words
      • 308 26 ENERGY REPORT LONDON Oil futures were mixed following conflicting US inventory figures in two reports. Crude futures declined in London, yet rose in New York, in part lifted by traders squaring their books ahead of the four-day Thanksgi\ing holiday and the closure of the
        308 words
      • 190 26 Reuter LONDON The dollar was steady at midday in Europe amid a lack of fresh factors, with players focused on the US stock market opening and October durable goods report. Trading was light with Tokyo participants absent yesterday for a market holiday, and ahead of the Thanksgiving
        Reuter  -  190 words
      • 95 26 AFP NEW YORK The dollar fell back against other major currencies in early New York trading yesterday on a quiet market in the wake of Tuesday's sharp falls on Wall Street and ahead of today's Thanksgiving holidav. At 1445 GMT. the dollar was trading at 1.5505 marks against
        AFP  -  95 words
      • Article, Illustration
        1671 26 I rath' HcitthhiJ iruk t uk ttlahiJ again*! S'pmr's iff* 14 tiadnu? parln*.i\ Ha« ytw I'W US$/S$ forward rates Noon Nov 23 s$ Bid Offer 1-month 1.4631 ***** 2-month 1 4620 1 4635 3-month ***** 1.4624 6-month ***** 1 4589 Soimr OC B( Source: OCBC FOREIGN CURRENCY NOTE RATES As
        1,671 words
    • COMMODITIES & FUTURES
      • 1213 27 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended higher yesterday on the baek of the sell-ofT in stocks. Dealers said market sentiment for Eurodollars was mixed at the moment. "Everything depends on the Dow Jones tonight, whether it
        Reuter  -  1,213 words
      • 674 27 COMMODITY REPORTS Rubber KUALA LUMPUR: Rubber prices closed firmer yesterday on enquiries from tyre-makers covering their positions ahead of tight supplies. "The market ended firmer on enquiries today. American and English buyers were asking for SMR stocks as they are concerned about possible "tight supplies
        674 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 75 27 BRASILIA The Brazilian government on Tuesday sold 144.909 60-kg bags, or 48 per cent, of the 300,187 in official stocks earmarked for auction to domestic buyers. All the coffee on offer on Tuesday was arabica. The average price paid was 126.00 Brazilian real per
          75 words
        • 53 27 LONDON Mauritian sugar exports rose to 73,975 tonnes during September, compared with exports of 70,740 tonnes last September, according to the Mauritius Sugar Syndicate. August exports totalled 52,363 tonnes, down 15 per cent on 1993. Jan-Sep exports totalled 369,392 tonnes, down from exports of 394,654
          53 words
        • 80 27 SYDNEY Despite the upward price pressure on copper recently, spot market trading in key Asia cities remains subdued as metals buyers concentrate more on negotiations for long-term supply contracts. Spot copper cathode, CIF Pusan. South Korea, is currently fetching around US$9O (SSI32) a tonne
          80 words
        • 103 27 NEW YORK Two Norilsk companies, Pechenganickel and Severonickel, are on the verge of a production stoppage because of energy shortages, an official at Norilsk Nickel told Interfax. Located in Russia's Kola Peninsula, they are served by the Kola nuclear power station, which has shut two
          103 words
    • 1432 27 Rubber Nov 23 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Buyers Sellers As at 12 noon (S ccnts/kg) RSS 1 Contract (S ccnts/kg) TT. TT— RSS 2 Dcc 94 l% 00 I97.00N u, a «sa jg iSS!%S Dcc 94 200.00 199.00 199.00 400 350 R
      1,432 words
    • REGIONAL STOCK MARKETS
      • 1072 28 -20.6 Panicky investors recovered their wits yesterday and tempered large falls in the share market inspired by a slump on Wall Street, brokers said. Interest rate fears caused a dramatic fall in New York and crossed the Pacific to drag the All Ordinaries Index down 63.2 points to a
        1,072 words
      • 594 28 -120.25 Share prices plunged 4.22 per cent in their second largest sin-gle-day fall yesterday as investors took their cue from the hefty overnight fall in New York and most Asian bourses. The PSE Index retreated 120.25 points to 2,725.75 in a massive sell-off. Turnover was 5.43 billion shares valued
        594 words
      • 446 28 -10.73 Share prices slumped tor the firth straight day yesterday on poor fundamental support. The Composite Index took a 10.73-point drubbing to close at 1,095.97 points, with a hefty turnover of 53 million shares valued at 1.1 trillion won. Falling stocks outnumbered risers by 538 to 351, while 97
        446 words
      • 573 28 +26.21 Stocks made a modest comeback, boosted by selective buying of low-cost textiles and market heavyweight banking and insurance issues. The 393-issue Weighted Price Index gained 26.21 points to settle at 6,371.48. Turnover was 1.03 billion shares worth NTS 39.41 billion. The market opened low and plunged to the
        573 words
      • 346 28 -56.48 Shares took their lead from Wall Street's 91-point plunge to end lower. The top 40 NZSH-40 Index ended down 56.48 points at 1.952.33. The market's plunge was led by the three heavyweights Fletcher Challenge. Carter Molt Harvey and Telecom. CHH fell 19 cents to NZ$3.5O, Fletcher 16
        346 words
      • 66 28 -44.31 Share prices ended lower a day ahead of the last day of settlement in specified shares on sustained profit-taking. The 30-share Index fell 44.31 points to 4,037.97 and the broader 100-share Index slipped 22.49 to 1,931.23. "The market will continue to remain on a downtrend because most of
        66 words
    • WORLD STOCK MARKETS
      • 677 28 •51.2 STOCKS plunged to their lowest levels in a month as investors rushed into higheryielding bonds and shares fell for a fifth day on Wall The FTSE-100 Index fell 51.2 points to 3,027.5, wiping £8.4 billion off the total value of its shares. It was the fifth largest decline
        677 words
      • 150 28 -18.32 French shares finished lower. mirroring the falls in US and European stock markets, but late bargain-hunt-ing and Wall Street's steadier tone lilted stocks from their session lows. "The markets haven't finished falling," a trader said. "Wall Street is due for a further correction, and we could test 1,800
        150 words
      • 174 28 -41.46 German stocks dropped to a three-week low, tracking tumbling US stocks, as rising bond yields attracted money out of equities. The DAX Index dropped 41.46 points to close the session at 2,033.31. Traders said investors were switching to bonds following a similar move in the US. "The US
        174 words
      • 172 28 -7.06 Wall Street's sharp overnight drop pushed Belgian shares to a lower close, but unlike most other markets losses were limited to a small 0.5 per cent. The fact that the market also shrugged off a lower US opening was seen by traders as proof of its strength. Analysts
        172 words
      • 164 28 -128 Italian shares closed weaker, the market subdued by the corruption investigation aimed at Prime Minister Silvio Berlusconi and by the slide on Wall Street. "We actually came down in line with other European markets, which if you take into account our political problems is encouraging." a dealer said.
        164 words
      • 268 28 -4.4 Dutch shares broke step with other markets in Europe, finishing above their lows on the day. "Maybe people are expecting some kind of turnaround on Wall Street after last night," said one dealer, expressing surprise that the index had held up so well. "It's been hovering around 400.
        268 words
      • 125 28 •18.69 Swedish stocks fell for the second straight day, pacing European markets lower, after high US bond yields drew investors from equities into bonds. The OMX Index fell 18.69 points to 1.147.68. Stocks were led lower by shares in companies that have significant business in the US. Pharmaceuticals firm
        125 words
      • 262 28 -25.7 Swiss shares ended down, but off earlier lows as bargain hunting in afternoon trade helped shares to recover some of their earlv heavy losses. The weak dollar and a big drop on Wall Street overnight led to the dive in shares, but further losses in the US market
        262 words
      • 318 28 -117.2 South African shares ended sharply lower as they reacted to Wall Street losses, but selling was limited and further losses were likely only if US stocks dived again. "There certainly is no panic down here. I think shares had this coming with or without Wall Street," a dealer
        318 words
      • 260 28 -11.27 Stocks fell along with Wall Street as investors extended Tuesday's flight from equities into the bond market. "Needless to say, it's going to be another stomachchurner day," one Canadian stock trader said. Declines in gold, consumer products, conglomerates and mining easily outpaced slight gains in communications, utilities and
        260 words
      • 717 28 -12.11 The Dow Jones Industrial Average, which plunged 91.52 points on Tuesday, was down 12.11 points to 3.665.88 at Ham EST. The NYSE Composite Index lost 1.14 to 245.18. while Standard Poor's 500-stock Index was down 10.4 to 447.89. Declines beat advances 1,242-772 among the 2.648 issues crossing
        717 words
      • 651 28 Britannia Funds Sterling Casli Bid Offer Mim Cap DcpoMl .31.6400 18.6500 Mim Jervrv (iill 0 l«43 0I«.' Mini Income 0*200 0<»500 I S$ C ash Income Plus Fund 4**) 10 0000 PS Rocnc Fund 5.1300 5 3400 SlerlinK Kquit) Euro Pcrf.KmjiHf 0 4)1! 0 4434 Far Ea>l Fund *2 7ft50
        651 words
    • Article, Illustration
      2932 29 Bloomberg Business News HONGKONG Stocks plunged as panic-stricken investors switched into bonds and cash to avoid losses and take advantage of higher yields. A dive on Wall Street on Monday and higher interest rates here and the US have triggered a collapse in confidence in Hongkong equities. The Hang
      Bloomberg Business News; Source: Bridge Info  -  2,932 words
    • Article, Illustration
      545 29 CLSA H SHARES tumbled 1.6 per cent yesterday, reflecting the general market trend around the region. Turnover was down slightly to HK.SI97 million amid widespread dumping spurred by the sell-ofT on Wall Street overnight. Shanghai B shares continued to take a beating, with a further 3.8 per cent fall.
      CLSA  -  545 words
    • Article, Illustration
      1852 29 Bloomberg Business News BANGKOK Stocks plunged yesterday amid concern that rising interest rates will cause foreign investors to pull money out of the Thai exchange and shift to overseas bond markets. The SET Composite Index fell 69.96 points, or 5 per cent, to 1,332.85. Only 21 issues rose, with
      Bloomberg Business News; Source: Bridge Info  -  1,852 words
    • Article, Illustration
      1078 29 Reuter JAKARTA Share prices plunged across the board yesterday following a tumble in regional markets triggered by an overnight fall in New York. "It was almost free fall. Selective bargain hunting failed to halt the broad sell-off," one broker said. "There will be some spillover left for tomorrow as
      Reuter; Source: Bridge Info  -  1,078 words
    • 2511 30 MOST ACTME votom NIBf Capital *,%1.000 kL lndustiio> 6.471 (XH> IJfii H\d W S.OSOUOO Renting Bhil MV 4 625.000 Pruntti 1.717.000 kulim(M) W|<W 2.854.000 Hcijjva L Wl«W 2.484.000 MuhiPWl 2.427.0(10 I .olden llus H 2.426.000 Mulli CurpuM- 2.372.000 Mulpha IniI MX. 2.111 (WO kamunling SOc 2.14f> OWt landmarks
      2,511 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 5445 30 Bloomberg Business News KUALA LUMPUR Stocks fell to their lowest level in four months yesterday amid concern that rising interest rates will affect world economic growth and encourage investors to pull money out of stocks. "There's a complete lack of interest here
        Bloomberg Business News; Sourcee: Bridge Info  -  5,445 words
    • STOCK EXCHANGE OF SINGAPORE
      • 8288 31 MAIN BOARD Transaction date: Nov 23 iir Gr M Wl 1994 |i«i Vol I>a> I Qvole Dit Di> YM Net C ay A»g High Low (urn |M it) Sale <0001 High lam Bu>*r Seller S C>f N P/E Smil Price INDUSTRIAL AND COMMERCIAL 720* 417 5* ml s Vnu% 460
        8,288 words
      • 1930 32  -  By Paul Leo SINGAPORE Local stocks tumbled across the board following a dive on Wall Street overnight. The Straits Times Industrials Index lost 52.24 points to 2,217.81, after reaching a low of 2,182.66 in the morning. The fall was not confined
        Charts by Bridge Info; Source: Bloomberg  -  1,930 words
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    • 147 21 NEWS VALUE Private housing demand may slow down tpg I) Property buyers have not had it so good for a long time. Indon tycoon Liem's interest puts Kuantan Flour in the spotlight (pg l) The stock has risen from $2 to $7 in less than four months. Cosco Investment associate
      147 words

  • Page 22 Advertisements
    • 1518 22 Indian Overseas Bank (Incorporated in India) Central Office, Madras 600 002. Balance Sheet As At 31st March 1994 (OOP's Omitted) IP 00 3 Cmltted i BALANCE SHEET AS AT 31ST MARCH 1994 PROFIT AND LOSS YEAR ENDED 31STMARCH 19 94 31.03.1994 31.03.1993 3 1.03J 994 31.03.1993 Schedules Rs. R»- Schedules
      1,518 words

  • Page 23 Advertisements
    • 235 23 LEARN HOW TO HAKE YOUR TELEPHONE WORK HARDER. ENROL TODAY FOB THIS FREE HALF-DAY TELECOM EQUIPMENT SEMINAR. Telecom Technology Showcase 94 is the first of an ongoing series of seminars at which Our specially invited guest speakers will tell you how these new technologies can Telecom Equipment will be presenting
      235 words

  • Page 24 Advertisements
    • 124 24 _il U The Le Mercier's Year-End Sale is here again! Take advantage of our low, low prices on the finest collection of fully imported original European Furniture, Lighting, Decorative Accessories and Gift Items in both Contemporary and Traditional styles. Go ahead and make your day. Save, save and save with
      124 words

  • Page 25 Advertisements
    • 154 25 a imv a. nui Juaj iivtviiiuvi i mm *W fm*s*W w** ///r /JP f >IV rfjm x vf* < 2,V-%s\*~ **v -•*->-— r*. I I **>*-- B B J 4 1 fK >A S V A 9 if jB -W v ■fllrtti^Hh|f|L& f H H B B I 1 11
      154 words


  • Page 27 Advertisements
    • 36 27 "I deal in cameras. And I know whereto get good exposure." {st ?>'£V ss v? m) So"?„ ~o® ?Sil. n .'W ln ff s 'ma°' °W 752 '^^ssrJsgytL s Call today for results tomorrow. CATS. 1800-737-1166
      36 words
    • 47 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. PI f JUST CALL 1800-737-1166 Make the connection through The Straits Times Classified when you're looking for bargains or lookingfor customers. Just give us a call. CATS.
      47 words

  • Page 28 Advertisements
    • 72 28 micro system. Ihe new Philips I\\ 1 is one <>t the worlds most powerful micro systems. Switch it on and vou ll he confronted with an explosive (>OO watts of music power. w-*.. .v 7 lose \our eyes and vou d insist you were listening to a mini system, as
      72 words

  • Page 29 Advertisements
    • 74 29 Chateau fMargau?cl9oo Chateau Tetrus 1361 (1) SGD 7,534.00 per bottle |j r- CORNDALE CONSULTANTS (2) SGD 5,898.00 per bottle 248 Smith Street Singapore 0105 (minimum order one case) 225 0807 Fax: (65) 32.S 1051 (Prices subject to remaining unsold) Contact: Mr Laurent Ducourneau The Tokyo stock market was closed yesterday
      74 words

  • Page 30 Advertisements
    • 63 30 WATCH FOR THOSE WITH EpH|M SWISS BANK ACCOUNTS. Sole Agent: DICKSON WATCH 6- JEWELLERY (S) PTE LTD CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road 102-36 Singapore 0923 Tel: *****51 DICKSON WATCH JEWELLERY: THE PROMENADE W 300 Orchard Road #01-03 Singapore 0923 Tel: *****00 CENTREPOINT 176 Orchard Road #01-05/06 Singapore 0923
      63 words
    • 3 30 I MARKETING I
      3 words

  • Page 31 Advertisements
    • 111 31 SINGAPORE THE HOUR GLASS Takoshimaya Shopping Centre Tel. *****20 Lucky Plaza Tel *****62 Scotts Tel *****27 Centrepofnt Tel *****98 Peninsula Plaza Tel *****09 Raffles Hotel Tel *****41* Woria Traae Centre Tel *****51 Changi Airport Terminal 1 (West Wing) Tel *****60. Terminal 2 (South Wing) fll f J Tel *****81 MALAYSIA
      111 words

  • Page 32 Advertisements
    • 465 32 ISO 9002 CERTIFICATION ISO 9002 CERTIFICATION ISO 9002 CERTIFICATION ISO 9002 CERTIFICATION ISO 9002 CERTIFICATION g Z co ».k fcX I VAN DER HORST LTD j .J... (SERVICE ENGINEERING) I n. I N(* certified to ISO 9002 2 j t ■■—.M mi .i.I —i QUALITY ASSURED lf 5 hi/H I,H
      465 words

  • Shipping Times
    • 301 33  -  By Rahita Elias SINGAPORE Cosco Singapore yesterday awarded a IJSSSO million (Ss73 million) shipbuilding contract to Mitsubishi Corp of Japan. Mitsubishi will arrange construction of two 46,000-ton ne bulk carriers, to be owned by Cosco Singapore. They will be delivered in late
      301 words
    • 213 33 AP BRUSSELS European Union transport ministers on Tuesday called for "black boxes" and passenger lists on ferries to prevent disasters like the September sinking of the Estonia in the Baltic Sea that killed 900 people. The ministers also called for
      AP  -  213 words
    • 264 33 Knight-Ridder NEW YORK Rates for Aframax tonnage in the Caribbean fell drastically on Tuesday as tonnage for early-December cargoes is starting to build up, brokers said. Late on Tuesday, Mobil was reported to have fixed the Lucky Lady at only worldscale 157.5 for
      Knight-Ridder  -  264 words
    • 135 33 Bloomberg Business News BRUSSELS The European Commission on Tuesday said it will break up pricing agreements among some of the world's biggest shipping companies because they are anticompetitive. European Union Competition Commissioner Karel Van Miert told EU ministers responsible for shipping that
      Bloomberg Business News  -  135 words
    • 728 33 Page Col Accord Group 8 1-3 •Ahlers Lines 13 S Ahrenkiel Liner 4 1/2 •APL 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
      728 words
    • 504 33  -  By Alec Almazan SINGAPORE Osprey Maritime has taken delivery of the last two of the three ships it has bought this year, increasing its fleet to 11 vessels. The 9,000-tonne chemical tanker Osprey Sky and the 41,570-tonne product tanker Osprey Challenger were
      504 words
    • 962 34 THE Baltic Freight Index for spot dry cargo shipping rates rose to 1,876 on Tuesday from 1,862 on Nov 21. Trading on the freight market was sluggish and there was little reported fixed ahead of the Japanese holiday Wednesday and the US holiday Thursday, brokers said. In the
      962 words
    • 216 34 CONFERENCES Title: Asia Pacific Transport and Logistics '94 Duration: Nov 28-30 Organiser The Chartered Institute of Transport Tel: For further details contact the Conference Secretariat at 65-225-0522/65-226-3433 or fax: 65-225-8705/65-226-2477. COURSES Title: IATA-FIATA Dangerous Goods Regulations Duration: Nov 28 Dec 3 Organiser International Air Transport Association Tel: For
      216 words
    • 15380 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. LEGEND PN: ship calls at Penang after
      15,380 words
    • 3060 47 A "iiBC Container! ine NV: Belsin Shpg Agencies Pre Ltd (SVMarine Handling ».Sdn Bhd (PK/PN). Group: Accord Shpg Pte Ltd (SVAccord C'ontr Line (PK/PN). Business Corporation Philippine: ■Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service Kim Shpg -Trdg(S). Altwtros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,060 words
    • 276 47 Abacus Couriers Tel: 545-8011. Fax: 545-1898 Air Express Travel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel' 542-8844. Fax: 542-3716, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. Td S 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Td: 344-3377. Fax: 345-6450 Ouster Link Supplies A Services Td:
      276 words
    • 1515 47 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activak Singapore Td: 542-7822. Fax: *****20. Aeroliak Freight lateraational Td: 545-8033. Fax: *****05. XrnrtDeetj Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74, *****50. Air
      1,515 words
    • 2675 48 ARGENTINA Diamante, Santa Fe: No vessels berthed, no vessels in roads, no vessels due. San Lorenzo: Five vessels berthed of which 2 loading soya bean meal pellets, 1 soyabean oil, 1 discharging benzene, 1 soyabean meal pellets, 3 vessels in roads, 30 vessels due at 9 terminals during
      2,675 words
    • 557 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Num of Vessel ETA ETD Ports of Calls Port Agent Telephone No NOVEMBER 24 24 Delfin Star 0730 2100 Cruise to Nowhere Harpers Shipping 221-1388 24 24 Renaissance I 0800 1100 Cruise to Nowhere Renaissance Cruises 222-3388 24 24 The Empress 1200 2030
      557 words
    • 899 48 THE demolition market was given serious attention this week with the sale of 4 ULCC/VLCCs at very firm levels, together with various other tonnage. Additionally the Chevron VLCC Chevron Antwerp is expected to be sold early next week. This pushes the number of such units sold for demolition
      899 words
    • SHIPS IN PORT
      • 574 49 VtMI Hi Wo Both Vrfral PgrtM VmmJ Voy Wo Bwth Amval Dqwturt Juronf Part s«« Long i 74/94 P02 2311/2100 *a 17/t 02/94 J2/3 alongside 2411/2300 Wanuaku 17/14 P04 alongade 2111/1800 Man B*«a 11/07/94 11 alongsrte 2411/231) Tayasan Emm 2 P05 alongside 2411/2300 ftmnrMi 1S89 UOO/94 J9
        574 words
      • 1347 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Bookinf/Babnce RsKs Ship Voy No Etb/Btr Period From To From kxOma 059A 26/1500 3 24/0700 24/1159 24/1400 4 24/1200 24/1459 24/1700 fcx Jadt 2138 25/1100 IB 23/1500 23/1659 23/1900 3 24/0700
        1,347 words
      • 906 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 change and
        906 words
      • 549 49 Carter Carbon Nov IS Demfty Water Rnadue Ash Umnin Sedment Dewity Water Resttie Atoninton SeAnent M/M Loon >bm KG/M*3 I V/V M/M M/M PPM method v/y M/M M/M T* 1Eistem USA 180 Ave 983 0.3 13.4 0.08 14 002 BO/Gmac Unib Spec E25 991 10 15.0
        549 words
    • 1429 50  -  A recent shipping and economics seminar in Piraeus looked at the prospects of shipping companies on the world's stock markets. Nigel Lowry reports Nigel Lowry Lloyd's List WHILE the youths of developed nations have roundly turned their backs on a seafaring Career, the industry
      Lloyd's List  -  1,429 words
    • 890 51 AP WHEN Kia Motors Corp first considered selling its cars to Americans, it was warned that they could mistake Kia for the abbreviation of Killed in Action. So South Korea's No 2 automaker hired consultants, considered dozens of alternatives,
      AP  -  890 words
    • AIR AND LAND TRANSPORT NEWS
      • 327 52 Rating agencies see results as positive development Knight-Ridder BOULDER, Colorado The delay-plagued Denver International Airport project was finally able to claim a small victory this week after one of its automated baggage lines completed a five-week test with flying colours. By slowing down speeds
        Knight-Ridder  -  327 words
      • 265 52 Reuter BRUSSELS The European Commission will ask next month's European Union summit in Essen to give it a mandate to draw up plans for a pan-European air traffic control network, Economic Affairs Commissioner Henning Christophersen said on Tuesday. "We will invite
        Reuter  -  265 words
      • 176 52 Reuter FRANKFURT A majority of European airlines see cost pressures intensifying in the next three years, according to a survey of 14 major carriers, consulting company Gemini Consulting said on Tuesday. Gemini said 80 per cent of the 60 airline executives interviewed in
        Reuter  -  176 words
      • 188 52 Reuter HONGKONG Deutsche Lufthansa AG may face a ground handling problem when it activates its strategic alliance with Thai Airways International Ltd, planned to start in July 1995, an official of the German airline said on Tuesday. At Bangkok's Don Muang Airport, Lufthansa is
        Reuter  -  188 words
      • 53 52 Reuter GEMBLOUX, Belgium Presenting the Gillet Vertigd, a sports roadster made entirely by hand from carbon fibre and kevlar, with a turbocharged, two-litre, 16-valve Ford Cosworth engine. It will, within the next month, try to break Bugatti s world zero-to-100 kmh acceleration record, which currently stands at
        Reuter  -  53 words
      • 180 52 Bloomberg Business News WASHINGTON Federal Express Corp filed to sell U*****.4 million (*****.7 million) of equipment trust certificates and pass through certificates on Tuesday in a shelf registration with the Securities and Exchange Commission. Including previous filings. Federal Express can now raise
        Bloomberg Business News  -  180 words
      • LOG BOOK
        • 124 52 Bloomberg Business News TOKYO Aichi prefectural police are questioning six officials in charge of training pilots for Taiwan's China Airlines and may file criminal charges against them for the crash of a jet at Nagoya Airport that killed 264 people earlier this year, Japanese
          Bloomberg Business News  -  124 words
        • 88 52 Reuter NEW YORK An increasing number of rail customers are exasperated over the takeover battle for Santa Fe Pacific Corp, because it is creating turmoil in the industry, the Wall Street Journal reported on Tuesday. George McFadden, a New York investor who bought two
          Reuter  -  88 words
        • 72 52 AP MOSCOW The Transportation Ministry suspended 46 air companies for safety violations this year and stripped another 11 of flight permits, the Interfax news agency said on Tuesday. The airlines were cited for violations of safety norms or flight and technical maintenance rules or because
          AP  -  72 words
        • 67 52 Reuter BEIJING More than 6,300 people have been killed in accidents involving trains on rail lines linked with Beijing in the past decade, the China Youth Daily said on Tuesday. Ninety-nine per cent of the 6,311 train accidents reported on those lines since
          Reuter  -  67 words
        • 65 52 Reuter SAN ANTONIO, Texas RailTex Inc on Tuesday said its Central Oregon Pacific Railroad Inc unit had agreed to buy Southern Pacific Rail Corp's 702 km line in western Oregon and northern California through a combination of purchase and lease. It said it expects
          Reuter  -  65 words
      • 240 52 Reuter LONDON Britannia Airways, the UK-based charter airline owned -by Canada's Thomson Corp, yesterday said it has ordered four Boeing 767-300 aircraft and has also taken an option on four more from US manufacturer Boeing Co. Four of the planes are to be delivered for
        Reuter  -  240 words
      • 1622 52 cxj nm m> nm n»_ «i era nm n»_ Afea MaM Gf 146 1110 GF147 1850 SQ325 1815 SQ328 2355 SQ441 1455 Qf6 1840 GA975 1520 FrfiMka SQ989 1720 SQ990 0125 1545 SSS SR183 2140 20» I 3 2 2080 M VN741 1310 VN740 1410 KL843
        1,622 words
      • 398 52 Reuter TOKYO Two of Japan's biggest carmakers reported contrasting output figures on Tuesday, and analysts said the worst was over for the battered industry. Toyota Motor Corp said its domestic vehicle production rose from a year earlier to 311,141 in October, marking
        Reuter  -  398 words
  • Page 33 Advertisements
    • 37 33 SA&tten tneuuU time LONGBEACH OAKLAND Arriving every Friday Hotline *****30 Bringing shipping and capital markets together, Pg 18 Kia Motors gears up to take on the world, Pg 19 Denver airport baggage system passes test, Pg 20
      37 words
    • 29 33 Lines and services represented by /<^pifc£s\ Members of the Redstry of Accredited [Iffgjl* Shipping Agents, Singapore National xXSmJ) SMppjng Assoc jetton, For advertising enquiries, contact Shfcpirtf Times Tel 740-2089/740-2090
      29 words
    • 42 33 THE FAMOUS J >Pn/ o CaußOPi ■nESDBII 224 1833 For more information please refer to Pg. IS 1 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. m Business Times WE KHOW ABA
      42 words

  • Page 34 Advertisements
    • 1934 34 i&mejim*,, mis'™, i IMPORT.... imports ■■Hi lIIIIIMIMBII™ 11 IWllll AMIIIIII II HBVVSHHBHPpnpKD ill M>tl 111 11 111 111 ■11 111 I INI Mil j waa wt stom u m w» ka m. mmm ok m unco an ksso. swm mobs ma mcmtemeo wo hbo sawos mm num mmm kskl/wt wo
      1,934 words

  • Page 35 Advertisements
    • 1892 35 MV>I DTf in jardine SHIPPING AGENCIES JARDIME SHIPPING AQENCIEB SOM. BHO. 020. PET.UMO J„» TEL 01_7»777« F«: O£7»M« CfS: B-75.5M2 CR NUMBER: *****ft*****C FA* *****« m M B SS^SSXSSS O<OUTWARO, SSSoamo SS?SS 4 FS;SI2?4,OPNS, m ret; *****27 JOHOR BAHRU TEL: 02-07-*****70 FAX: 02-07-*****9® KEPPEL DtSTRIPARK BLK 513 #01-128 I I
      1,892 words
    • 1543 35 ■HEBSBaiEa EAST MEDITERRANEAN MARSAXLOKK/PIRAEUS/IZMIR/ISTANBUL MAERSK HAMBURG VMM ETA SIN 28TH NOVEMBER 1994 VHM vo* eta etd DESTINATIONS Nwrt MMk LAUBT MAERSK V Mil —TOBIM—I— cv 26/11 oeoo hrs IHMMBBBNHHHBHHBMBIHR CFS at/11 2368 HRS OAK LOB STO MEM ATL MM CMS BAL PHL NYC TOR lAUST MAERSK Mil 27/11 28/11 17/12
      1,543 words

  • Page 36 Advertisements
    • 1313 36 I ROAM LE SOUTH- PO«T I I I I l^~~ VOY NO HAM6UWO ANTWERP HAVRg AMPTOM KELANQ S PORt HKQ KAO TYO SHI KQ6 WAO EUJ£ ***** S/11 7/11 9/11 1/11 27/11 30/11 2/1? 5/12 6/12 9/12 THAMES 2«24$ 9/11 10/11 12/11 29/11 9/12 S/12 7/12 HAWNOVEP EXPRESS 23/446 12/11
      1,313 words
    • 500 36 J I BALABAN 1 28/1131/11 Rdm/Atw/UK/Nantes K I I E Loads E./W. Malaysia. Indonesia J Loading tor w PAN RISER Dubai/Bahram/Damman/Kuwatt I u SAOANK ALKAVAN Jeddah/Aqaba jj I Loads Singapore. E./W. Malaysia. Indonesia J M Loading tor v I STAR MAN LOS Angeles/New Orleans/ I R Chadeston/Nortolk/Camden K PAN QUEEN
      500 words
    • 1168 36 NQRASIA IWK 4MR »/ll 15/12 11/12 11/12 11/12 20/12 21/12 22/12 24/12 24/12 I DMSM HONGKONG 1447 3 04/12 23/12 26/12 27/12 27/12 2S/I2 29/12 30/12 01/01 01/01 I L DBUVOIB 44M 01/12 21/12 01/01 02/01 01/01 03/01 04/01 05/01 07/01 07/01 I DRASM FMBOUK 9441-3 14/12 03/01 06/01 07/01
      1,168 words

  • Page 37 Advertisements
    • 1207 37 U STRAITS SHIPPING PTE LTD 2=3 iM Of 10 Hoo Chiang Road #11-01 Koppol Towers ounuft rii'tfi'iTiiili" IC I NASA 111)0 VOX Mkara. lab. KK 26 N*r 27 Nw rC L. LCI CONTAMCN AND MEAKMM.K MNVICe TO PAfUA NRW OUMCA STRAIT* PHK V24C Mara, lab 25-* Not 27 Not 21
      1,207 words
    • 3068 37 tjl P&O Containers (Singapore Agencies) Pte Ltd KJ 10 Hoe Chiang Road. #07-01 Keppel Towers, Singapore 0208 First Class Connections WORLDWIDE SJSJ'SESf ISdS? 4 PN<K SP F 225 532 2 75,7 VIIKL VOY -MO *PKQ MM 60"J ANT SOT HAM OOT BRE LEH VI MIL TO* ZEE OOTHOT NAM M
      3,068 words

  • Page 38 Advertisements
    • 628 38 TI~ 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 4 *****07 TLX: R*****0 as our new SINGAPORE AGENT for our WEEKLY CONTAINER FEEDER II
      628 words
    • 1068 38 0 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FMVSI SM lIM HAUL SA YW fOI FW W. |j* 29/12 30/12 "1/12 HAfUN KAOHSUNG 02K 26/11 WttCT 15/12 16/12 17/12 HMM KUKSAM 1071 26/ IK*« 5/1 6/1 HANJM LORGKACM 0501 2/12 DMECI 22/12 24/12
      1,068 words
    • 97 38 CHAHAYA SMS A TKADM6 CO. PH LTD T*t *****13 (6 LinM) Fax: *****W Tlx: RS 2*51 VIETNAM, BANGKOK, INDONESIA CONVENTIONAL SERVICES wssn n* no ocstmatioa SAM NAIE M/U 1/12 lAKMTA/SOMMRG CNMMT* HlAn M/|| 27/11 IMMT* KUMM SJATI M/U 1/12 BMWOII NORTH STM 5/12 C/ 12 MNGHOK **G* M 26/11 27/11
      97 words
    • 1302 38 -m d -Id" I n I» u ne K! oa K' w 1(0 uu at ui ITC iw w u nr w n ca PV I ■i am k-mi 2Vii 10,11 4/12 1/12 1/1212/12 u/1211/12 u/1215/12 u/12 21/1 10/1 12/1 u/i 21/1 24/1 »/i 21/1 27/1 i/2 u/2 21/2 21/2
      1,302 words

  • Page 39 Advertisements
    • 2294 39 DIRECT WIIKLY EVERY THURSDAY COSTAR SHIPPING PTC LTD ft**: 2*Bs) cosmr c—»—«—<; «ww UfSSrJBW*' ST"StAH-"**""'" SSISS&mam T*M. brtC«rt T« HmoHm/CMm Rm US.*. tot twrt Fm* ta« «xl«ot« «tc i* cm «soyOTM nSTlms m m o m *»i/wym wc ut cm w «hb w»»a qn mi w* im w <m<- «m.
      2,294 words
    • 920 39 I A I MULTILINE SHIPPING PTE LTD mm (a member of SMSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 Ifcv Jk BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59
      920 words

  • Page 40 Advertisements
    • 969 40 77 AS AGENTS: LINE (SWGAfOM) HI LTD (C* MO: **********0M/GST REG NO: NM1173M4) j TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 W T IWT MALAYSIA: 'T' LINE MAMTIMI (MALAYSIA) SON BNO W\m TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 I i* A INDONESIA: P.T. SAIIAMA LAOT
      969 words
    • 1107 40 79 ANSON ROAD. #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N PORT KLANG >Tllt <T BWlf PENANG VOY Stt r«L VESSEL VOY SX fPI PtRKAS* 7SN 22/11 (TUC) 23/11 (WD) SIA LAUttL 339N 23/11 (*ED) 25/11 (F«) MCC CONVEYOR 4M7 22/11 (TUC) 24/11 (TMU) MCC CONVtYOR 4f47 25/11 (FIB)
      1,107 words

  • Page 41 Advertisements
    • 923 41 PACIFIC INTERNATIONAL LINES (PTE) LTD^ SSSSSSSSS K— 140 Cecil Street, #03-00 PIL Building, Singapore 0106. K OR NO **********0E I I- VESSEL VOY SIN CMS JIB HOD JED AQJ ANE PZU MSW ASA icjjl I I KOTA WMAWAN WRN49S 30/11 5/12 11/12 13/12 15/12 17/12 12/12 IS/12 IS/12 I I
      923 words
    • 938 41 —vor SM LTMAVW HM—C~ IMAMS rotteroam ~iniwtnp MLLE K CARINA CMN 21/\\ 20/1? 21/12 2i/12 H/li K/12___ W.LE OC SAOTTA SOCN 00/12 20/12 n/u 31/12 l/ 1 03/01 VILE K A QUI A AO6W 13/1? 04/01 05/01 07/01 01/01 10/01 HUE O HYMA HOiN 11/01 13/01 IS/01 I</01 17/01 •ALSO
      938 words
    • 566 41 BSA jk. [mm. MYANMA IUUi FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIj Pen P.Gdf HPA-AN V2O6W 25/27 No* PAGAN V2ISW 21/30 Nov 29/01 Dm AVA VI3IW 10/12 Oec 13/16 Dm UAIATSU AGENTS BOUSTEAO SHPfMG AGENCES KU.: TU 02-03-241/300 PKL TEL 02-03 3(1(7(7 PEN TEL 02
      566 words



  • Page 44 Advertisements
    • 991 44 FROM 6UBOW stMI |«t iim I«» I »«M.| «M I"» I"■ I B/t J IMI »■< an mi II.U IIU m >±!±- ~u m _££_-£!.-^-mr-^-^r-m-^- J^~ ...i IMI d«:: 1 I—» -Ul u»U|s;|uUT»»l"»l -1 J ono »>,«..». U< •>» ">■" oao. siockmoim. one* ofsiowncw hnmc «u k*i *i»*S) TO MEDiTbRRANcAN
      991 words
    • 1169 44 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PHI PtN IOH SW HKG KAO TAI !!2? WAN HAI 706 NO4O 1//11 19 11 ?1 II 24?4 11 78 11 Mil JO/11 01 1? 06/12| 0//12| M WAN MAI >16 NOW 21/11 22/tl ?Tll ?S 76 11 30 II 01 I? 0?/12 03/12 t/S
      1,169 words

  • Page 45 Advertisements
    • 322 45 fit FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 28/tl ROTTERDAM 26/11 AARHUS/COPtNHAGEN 28/TI HAMBURG/BREMEN 28/11 MARSEILLE/FRANCE 26/tl FELIXSTOWE/UK 28/11 BARCELONA/SPAIN 25/tl "LEHAVRE/FRAWCE 29/H GENOA/ITALY 26/tl ANTWERP/BELGIUM 26/11 LOS ANGELES/WC/PI 25/tl SYDNEY/MELBOURNE 26/11 NEW YORK/EC 25/11 FREMANTLE/ADELAIDE 01/12 VANCOUVER 30/tl BRISBANE 27/tl TORONTO/MONTREAL
      322 words
    • 916 45 IfTHT" i, voy sr~| ■■KMaHH IBRA BHUM —Wad >0/11 DCJA BHUM 4000 Fri 23/11 Sat 26/11 I VESSEL I VOY I B K I BHAT*A_BHUW SZI »£IL DCJA BHUM ~4001 Mon" 2S/11 "wad" 30/11 ■I RATHA BHUM 32N Thu In PI Iwi 27/11 VWA _2ng_ 1 THANA BHUM 07N Tw
      916 words
    • 208 45 Qumrant—d Selling* to: |BAKXOK/LA£M CHABANG/lAOS|26/U (SAT). 29/11 (TUE) PORT KELANG/PENANG 27/11 (SUN). 1/12 (THU) HONG KONG 25/11 (FW) JAKARTA 26/11 (SAT) MAMLA/CEBU/SUBK BAY 21/11 (MON) HO CM kWH 25/11 (FW) SURABAYA 27/11 (SUN) BUSAN 21/11 (MON) MADRAS 21/11. 2/12 (FW) IHdongnama LINE I conta—mitt XftyiCt ttitotrvuMmcrtm 1 «n (MB) M
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    • 574 45 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E f® ""Bsafflsj 11 ACCEPTING FCL AND CONVENTIONAL Vnnl Voy I ETA Loading For Ipow ABOay Wonz 42W8 08/02 Mombasa. Djibouti Assab. Massawa Abbay Wonz 43W8 28/03 Mombasa. Djibouti Asaab. Massawa HWW HUM UW FULLY CONTAINERISED
      574 words

  • Page 46 Advertisements
    • 146 46 25/11 26/11 27/11 HKG/BKK/KEE/KHH Gonoa/Barcetona/Marseies 26/11 27/11 28/11 29/11 30/11 1/12 HKG/BKK/KEE/KHH G'burf/Chaten/S'hofcn/Oslo 27/11 28/11 29/11 2/12 3/12 4/12 HKG/BKK/KEE/KHH 28/11 29/11 30/ 28/11 smahchai/OUWH JPN/KOREA/MANILA XIAMEH/BEIKWG Manb/Cebo 23/11 24/11 25/11 ftIICTDAI IA /MCUf 7TAI ANH Tokyo/Kob«/Osa/Yoko 25/11 26/11 27/11 j AUSTRALIA/NEW ZEALAND Bm«r 23/11 24/11 25/11 26/11 27/11 28/11
      146 words
    • 269 46 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EM EH lit sum rail keimk pumnc ■.IK MOt PORI SM.EO load* Ha* RUVN MUBHU 5/12 loafcflC X" V*" oomm T loading For Mate notcEl SfK* 10/12 Loadmc f* UMCISH 1/12 load* For Male rtOOEB l**TT 2/12 loadM( tor Cfcna PUMEU EUMNT
      269 words
    • 436 46 O THONG SOON UNES PTE LTD 1 I /\V\ 78 SHENTON WAY #10-01, SINGAPORE 0207 I TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRIER CABLE: TOSOCO A n»Bwg maom commit SINGA EXPRESS SINGAPORE TO SARAWAK SINGAPORE TO THAILAND VESSEL VOY S'PORE PEST VESSEL WT SPORE lAWCMR EQUATOR 111 145/4E
      436 words


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  • Page 51 Advertisements
    • 421 51 ▲HYUNDAI MERCHANT MABIHE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 \m Tni pgd vessels vot m rtm m ieh hmi ore* ra. 23/n 25/11 26/ iT H. NOMTOI 312*" 21/11 16/12 11/12 17/12 11/12 11/12 20/12 30/11 02/11 03/11 H. EXHORER 314* 05/12 23/12 25/12 24/12 25/12 25/12 27/12 07/12
      421 words
    • 358 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO I HEAVY If IS MMMP VESSELS KSStI KDT Sf n KUC U MM MI OCEAN UK 7 MPI 2VII 21/11 UMSON PtAISt II a/u DtsTom run. a/u a/u so«« a a/u' EM EAST IMSS 4 3/12 1/12 OMMGE NOON M 11/12 IVI2 (Ml)
      358 words
    • 661 51 VOSEI Ivor |SW ETA/P [LAX [OAK [at ORL I MEM/COL |HOU I NYC WOR AUJGATOR VICTORY 57A 24/11 /2S/11 11/12 13/12 14/12 15/12 15/12 10/12 lt/12 17/12 MRCKWAC ORPGE tIA 11/12/02/12 1«/12 20/12 21/12 22/12 22/12 23/12 23/12 24/12 AUJGATOR mum MA OR/12 /OS/12 25/12 27/12 21/12 29/12 29/12 30/12
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  • Page 51 Miscellaneous
    • 294 51 TODAY'S TIDCS (hdjht in metres) HOW 0000 0100 Q2OO 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 I<oo 1900 2000 2100 2200 2300 1.9 2.3 2.4 2.4 2.2 1.1 1.4 1.2 U 1.3 IS 2.1 2.7 3.0 3.0 2.1 2.4 1.1 12 0.9
      294 words