The Business Times, 2 December 1994

Microfilm: NL19753
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Friday December 2 1994 75 c
    13 words
  • 2mm LATEST
    • Article
      Lock icon Dow down 24 points
      63 1 Reuter NEW YORK US blue chips remained steady at lower levels at midday yesterday. Declines led advancing issues by about 13 to seven. At 11 am EST, on the NYSE, declines topped advances 1,*****6 among 2,579 NYSE issues. Volume was about 80,620,000 shares. At 1 pm
      Reuter  -  63 words
    • Article
      Lock icon EU resets textile duties
      33 1 Reuter BRUSSELS The European Commission yesterday said it had re-established customs duties on textile imports from Indonesia, Thailand and Philippines because the imports had reached their ceiling quotas. Reuter
      Reuter  -  33 words
  • Article
    MARKET SUMMARY
    166 1 Stock market indices Thursday Change ST1I 2,229.35 -12.74 KLSEComp 986.13 -27.00 Nikkei 19,013.60 -62.02 Hang Seng 8,430.80 -35.46 SET Index 1,371.60 +9.16 Jakarta Comp 482.13 -0.50 CLSA China B 994.51 -7.55 Aust Alt Ord 1,900.4 9.7. FTSE 100 3,039.6 -41.8 Thursday Previous lpm EST close Dow Jones 3,714.66
    166 words
  • Article
    Credit card business starts to slow after MAS curbs
    510 1  -  By Shiv Taneja SINGAPORE Barely two months after the Monetary Authority of Singapore imposed restrictions on credit card advertising, new card applications and card billings are showing signs of slowing down. Most of the major card issuing banks surveyed yesterday by
    510 words
  • Article, Illustration
    Lock icon Rate hikes not likely to hurt S'pore banks
    433 1  -  By Paul Leo SINGAPORE Local banks are unlikely to be hurt by rising interest rates, say investment analysts. DBS Investment Research says that while rising rates will result in narrower retail spreads (the interest differential between retail loans and funding costs), this
    Source: NRI Singapore  -  433 words
  • Article, Illustration
    Chinese chamber set for polls under non-clan-based system
    431 1  -  By Schutz Lee SINGAPORE The Singapore Chinese Chamber of Commerce and Industry has begun the process for its first elections next Monday under a new system which disregards proportional representation of clans. The four-stage exercise to elect 65 members to the 48th
    431 words
  • Article, Illustration
    Lock icon KL stocks bear brunt of region's slide
    319 1  -  Reports by R Sivanithy SINGAPORE Stock prices around the region closed mostly lower yesterday, with Malaysia suffering the largest fall of 2.7 per cent. In relatively low volume, the Kuala Lumpur Composite Index plunged 27 points to break the 1.000 support level. It
    Source: Bloomberg  -  319 words
  • Article
    Morgan Stanley rejigs KL component stocks
    234 1 SINGAPORE Morgan Stanley Capital International yesterday adjusted its list of component stocks representing the Malaysian market. Reuter news agency reported a company official as confirming a rumour that had circulated in the market on Wednesday. The Reuter report said one stock had been dropped,
    234 words
  • Article
    China tyre maker Pearl River seeks secondary listing in S'pore
    285 1 SYDNEY Major Chinese tyre maker Pearl River Tyre Holdings Ltd is seeking a secondary listing on the Stock Exchange of Singapore, according to a report in the Australian Financial Review That will follow a primary listing on the Australian Stock
    285 words
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      201 1 @==}*-&[>:;/-^:\',|$[^_)-@\.+!' CONTENTS News Companies Spore News 2 S'porelf sia 21.22.24 Regional News 3.4.5 Financial 2627 Wort) News 8.9 Features Markets Analysis 19 Ctob/KtSE. StS 3032 Editorial 18 Regional 28 Sports 10.11 World 29 TV/Lifestyle 13 Currencies 26 Advertising 15.16 Stmej/Commo 26.2/ Subscription Tel H*****2577 Fa> *****/5 •T Newsdesk Tel *****18
      201 words
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      17 1 Advertising: Pa 16 Heshe sells Conceptual Surge in I S personal income fuels consumer spending, Pg 20
      17 words
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      12 1 Hock Ijock Siew: Pk 21 /cy West land share dive looks overgone
      12 words
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      55 1 iffivom Line: Pg 20 HQ4' US wants a strong EU s&frTYCH GROUP TRANSPORTATION b WAREHOUSING SPECIALIST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 LINESp FAX: 861-6366 Regional markets, Pg 28-32 HP' jSqlßHl^^^^ Hilton Hotel Shopping GalSr Td: *****55 #01-10 Mandarin Hotel Shopping Arcade Tel: 7341&8 #01-11 Raffles
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon 5.7% rise in visitors during October
        296 2  -  By A J Leow I HE HAZE that blanketed Singapore for most of October did not keep visitors away. In fact, the number of arrivals rose 5.7 per cent year-on-year to 564.197. Hotel occupancy was 85.8 per cent, up 2.5 percentage points from October
        Source: STPB  -  296 words
    • Article, Illustration
      Construction industry could be more efficient: Boon Yang
      204 2  -  By Abdul Hadhi THE construction industry may not be building as efficiently as it ought to under the current competitive business climate. Minister for Labour Lee Boon Yang said yesterday. Dr Lee. who is also Minister for Defence, expressed concern in a
      204 words
    • Article
      TDB sees high risks, high returns in Russian Far East
      265 2 THE Russian Far East is a "high-risk, high-return" market with numerous opportunities for local businesses, the Trade Development Board's deputy director of international operations said yesterday. Balagopal Nair said: "Notwithstanding the risks and uncertainties, the Russian Far East is an
      265 words
    • Article, Illustration
      Ngee Ann City, Junction 8 win on efficiency
      318 2 Best Buildable Design Awards TWO well-known shopping complexes clinched awards yesterday for being built efficiently and easily, without compromising on architectural variety. Junction 8 at Bishan and Ngee Ann City topped the Commercial and Office Buildings category of the Best Buildable Design
      318 words
    • Article
      Directors named for new power and gas unit
      336 2 SINGAPORE Power Gas (SPG) yesterday announced the appointment of five new directors. Four of the appointments took effect yesterday. They are: Chen Choong Joong, managing partner of law firm Allen Glcdhill. Mr Chen also sits on the board of the Public Utilities
      336 words
    • Article, Illustration
      Lock icon Companies can save by preventing hepatitis A: study
      450 2  -  By Juliette Walker IT IS significantly cheaper for a company here to vaccinate its executives against hepatitis A than to pay for their treatment and lose productivity if they catch the disease. This finding came out in an independent study by Fiscal
      Source: Fiscal Health Ltd  -  450 words
    • Article
      Lotus, ITI launch a spreadsheet special
      132 2 LOTUS Development Asia/Pacific and Singapore's Information Technology Institute (ITI) yesterday launched a specialised version of the best-selling spreadsheet Lotus 1-2-3 Release 5 for Windows. The software incorporates Win Viz, a visual data analysis tool developed by ITI. "Win Viz allows users to see trends
      132 words
    • Article
      Corrections & clarifications
      63 2 Corrections clarifications THE headline to our report yesterday, "Broadcaster ESPN gets Singapore satellite signals licence", may have given the wrong impression that ESPN had already obtained its licence to operate satellite uplink and downlink services. ESPN has only received inprinciple approval for the licence and will have to submit a
      63 words
    • Article
      British Telecom denies report of regional HQ move from S'pore to Sydney
      287 2 BRITISH Telecom yesterday denied a news agency report that it would move its AsiaPacific regional headquarters from Singapore to Sydney because it does not have one. in the first place. "We do not have an AsiaPacific regional headquarters."
      287 words
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      Page 2 Advertisements Column 1
      233 2 P EXECUTIVE MBA va v a^ University 11 *****11 C C FllllOClll MjllJgClllCnt Manchester of Wales, Bangor Business School uses distance learning to allow you to study part-time with minimum disruption to your career and family life Q provides flexibility through a modular format of study offers 9 specialist options
      233 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon M'sian TV production house breaks into world market
      413 3 Bernama HONGKONG A Malaysian television film production and distribution company has made a breakthrough into the international market by concluding an agreement to supply a 30-episode series to Star TV. the Hongkong-based satellite television network. The signing of the landmark agreement yesterday
      Bernama  -  413 words
    • Article
      Cable & Wireless eyes Indon phone market
      474 3  - Cable Wireless eyes Indon phone market UK group is part of consortium shortlisted for tender From Genevieve Cua in LONDON UNITED Kingdom-based Cable Wireless group is gearing up to bid for a chunk of business under Indonesia's plan to allow the private sector to install two million telephone lines in
      474 words
    • Article
      Lock icon Philippine economy surged 5.9% in 3rd qtr
      265 3 Bloomberg Business News MANILA In what's sure to he a hoost to the economie reform programmes of President Fidel Ramos, the Philippine government reported that the nation's gross national produet (GNP) grew by 5.9 per cent in the third quarter, the fastest clip
      Bloomberg Business News  -  265 words
    • Article
      Spirit of enterprise returns to Cambodia
      240 3  -  By Harish Mehta SINGAPORE Cambodia's spirit of enterprise, killed off by Khmer Rouge guerillas during their bizarre rule in the mid-*****, is reviving. Mao Thora, director of the foreign trade department of the Cambodian Ministry of Commerce, recently told Business Times that 1,112 Cambodian
      240 words
    • NOTE BOOK
      • Article, Illustration
        Lock icon Minister keeps an eye on prices
        52 3 Reuter KUALA LL MPUR Malaysia's Consumer Minister Abu Hassan Omar checking the price of a bottle of cooking oil at a supermarket here yesterday. Malaysia began policing prices on hundreds of consumer items to make sure stores are passing on tariff cuts to their
        Reuter  -  52 words
      • Article
        Lock icon Vietnam gets over a million tourists
        66 3 AFP HANOI More than one million people have visited Vietnam since the start of the year, a 40 per cent increase over last year, the Vietnamese News Agency said yesterday. The goal for the year was 1.1 million foreign tourists, the agency said. Tourism
        AFP  -  66 words
      • Article
        Lock icon Jail sought in bank corruption case
        118 3 AFP JAKAR r Prosecutors at a Jakarta court requested jail sentences of 11 and nine years for two former state bank directors accused of corruption in a USS43O million banking scam, press reports said yesterday. The Merita Huana daily said prosecutors in separate trials
        AFP  -  118 words
      • Article
        Lock icon Rahim faces another charge
        81 3 Bernama KUALA LUMPUR Former Malacca chief minister Rahim lamby Chik. who was charged with two counts of corruption at the Malacca High Court on Tuesday, will face another corruption charge at the sessions court in Jalan Duta here today, according to sources. I his has been
        Bernama  -  81 words
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      196 3 -t jncr r P' Of course we don't mean suggest that you chain a P ll hull to your coffee machine to keep your employees away do s a pp j|j new come CPU Watchdog B "1W CPUs are tiny microcomputers, or you wish the 'brains' the copier, which control
      196 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Foreign investment key to China: Jiang
        92 4 Reuter BEIJING China especially welcomes foreign investment in primary industries, infrastructure and high technology sectors. President Jiang Zemin said. The Economic Information Daily yesterday quoted Mr Jiang as telling a conference of the China Association of Enterprises with Foreign Investment in China that attracting
        Reuter  -  92 words
      • Article
        Lock icon China Daily to expand coverage
        91 4 AFP BEIJING China Daily, the country's only national Englishlanguage newspaper, yesterday announced it would add four pages to the current 12 next year and expand coverage of economic news. "The new move of China Daily is in response to the growing importance of the country
        AFP  -  91 words
      • Article
        Lock icon China's private businesses up 24%
        72 4 AFP BEIJING The number of private businesses in China stood at 20.15 million at the end of September, an increase of 24 per cent compared with a year earlier, the newspaper Economic Information said yesterday. The businesses employed 34.38 million people, an increase of 30
        AFP  -  72 words
      • Article
        Lock icon Beijing against missiles for Taipei
        99 4 AFP BEIJING China yesterday expressed strong opposition to any sale of French ground-to-air missiles to Taiwan, which has been raised by the Taiwanese press. "China's position on arms sales to Taiwan is consistent and clear, we stand firmly against any country supplying any type of
        AFP  -  99 words
      • Article
        Lock icon HK govt to appeal against court ruling
        93 4 AP HONGKONG The government will appeal against a court ruling that could deprive Hongkong anti-corruption officials of one of their most powerful weapons. The legal department announced this decision yesterday, the day after a district court invalidated a law whereby public servants can
        AP  -  93 words
      • Article
        Lock icon Collective leadership after Deng: report
        110 4 AFP HONGKONG A collective leadership is likely to emerge in China following the death of paramount leader Deng Xiaoping, but the country's economic reforms will probably remain unaffected, a report said yesterday. "This collective leadership will aim to continue China's development under a policy of
        AFP  -  110 words
    • Article
      Lock icon China managing foreign capital poorly
      421 4 Central bank not prepared for huge inflow of funds, says official Reuter HI IJING China said a record inflow of foreign capital had fuelled inflation and admitted to poorly managing the influx. "This year we did not sufficiently prepare for managing this huge inflow of
      Reuter  -  421 words
    • Article, Illustration
      Lock icon Fake arm of the law
      51 4 AFP BEIJING Sniggering at a plastic policeman placed at a suburban Beijing road is no laughing matter. Well, certainly not as far as the traffic authorities are policemen are placed in strategic locations In the capital to remind motorists of the violation of traffic rules.
      AFP  -  51 words
    • Article
      Lock icon McDonald's Beijing eviction row may end up in court
      291 4 AFP HONGKONG The row over eviction of US fast-food giant McDonald's from its prime site in the Chinese capital can only be settled in court, a Beijing city official has said. Chen Shudong. the Beijing municipal government's deputy secretary-general, was quoted
      AFP  -  291 words
    • Article
      Lock icon Pudong may face same teething problems as UK's Canary Wharf
      348 4 Bloomberg Business News HONGKONG Property agent Jones Lang Wootton yesterday said Shanghai's massive new Pudong development eould run into the same problems that had beset London's Canary Wharf in trying to beeome a new centre of business. "The development of
      Bloomberg Business News  -  348 words
    • Article
      Lock icon Wharf Cable gets rights to three Hollywood studios' films
      268 4 Reuter HONGKONG Metro-Gold-wyn-Mayer. Walt Disney, and New Line Cinema have agreed to give Wharf Cable exclusive rights to their first-run films for pay-per-view (PPV) viewing in Hongkong. The multi-year contracts will put first-run movies from the three Hollywood powerhouses on Wharfs
      Reuter  -  268 words
    • Article
      Lock icon Chinese firm appointed sole importer of Japanese steel
      352 4 AFP BEIJING China yesterday designated a compan> the sole authorised importer of steel from China's largest supplier. Japan, to stamp out a damaging price war that has ravaged the country's steel market. The move is aimed at calming the domestic steel market,
      AFP  -  352 words
    • Article
      Lock icon Close fight in Taiwan local elections
      206 4 Bloomberg Business News TAIPEI A key race in Taiwan's local elections tomorrow remains extremely tight, the chief consultant to Gallup Taiwan said. Incumbent James Soong. the gubernatorial candidate for the ruling Nationalist Party, and Chen Ting-nan, the candidate for the opposition Democratic Progressive Party,
      Bloomberg Business News  -  206 words
    • Article
      Australia-Taiwan trade, investment pact takes effect
      388 4  -  MOU guarantees industrial property rights for manufacturers From Florence Chong in SYDNEY TRADE and investment links between Australia and Taiwan are expected to be strengthened after a memorandum of understanding between the two on industrial property rights came into force yesterday. The MOU, signed
      388 words
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      33 4 FOR THE GENTLEMAN WHO IS COMFORTABLE WITH SUCCESS, WE HAVE JUST THE SHOES. FREE Edmonds Shoe Care a for every stocks last)! 8 'SANFORD I Allen .Bnondsßß^HH^HßHß| MADE IN TIT IT 7 1
      33 words
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  • REST OF ASIA
    • Article, Illustration
      Lock icon Soros launches fund to invest in properties in India
      373 5 Bloomberg Business News NEW YORK George Soros is making a bet on India with a new fund he expeets will be capitalised at US$l billion (551.46 billion). The renowned hedge fund manager is launching the Quantum India Fund, his eighth, to
      Bloomberg Business News  -  373 words
    • Article
      Russian teams head for India and Pakistan in bid to sell warplanes
      477 5  -  From John Helmer in MOSCOW DECEMBER is going to be a busy month for Russian warplane merchants on the Indian subcontinent. A delegation of defence ministry officials, headed by First Deputy Minister Andrei Kokoshin. is due in India,
      477 words
    • Article
      Lock icon BOJ confident of economic recovery in Japan: Mieno
      305 5 Bloomberg Business News TOKYO Bank of Japan Governor Yasushi Mieno said the central bank was confident of gradual economic recovery and so has no plans to change its monetary policy. Speaking at a regular news conference ahead of his retirement on Dec
      Bloomberg Business News  -  305 words
    • ASIA NOTES
      • Article
        Lock icon Financing for Pakistan projects
        94 5 Reuter WASHINGTON The World Bank has approved close to half a billion dollars in financial assistance for Pakistan to help the country build a power plant and develop other energy projects. The bank said on Wednesday that the financing included a US$25O million (***** million) loan
        Reuter  -  94 words
      • Article
        Lock icon India cuts stake in Shipping Corp
        98 5 Knight-Ridder BOMBAY The Indian government has decided to divest another 10 per cent of its equity in Shipping Corp of India, Jagdish Tytler, the country's Minister for Surface Transport said on Wednesday. When this is done, the government's holding in the Shipping Corp will
        Knight-Ridder  -  98 words
      • Article
        Lock icon Japan hopes for sheet glass deal with US
        77 5 Reuter TOKYO Japan hopes to reach an agreement with the US on bilateral trade in sheet glass in talks which are expected to take place next week in Washington, Vice Minister of International Trade and Industry (Miti) Hideaki Kumano told a news
        Reuter  -  77 words
      • Article
        Lock icon India set to be big consumer market: group
        105 5 UPI NEW DELHI India will emerge as the world's largest consumer market early in the next century, a global business research group said yesterday. "Once fully open, India will turn out to be the largest consumer market and will also transform into
        UPI  -  105 words
    • Article
      Lock icon Key Aussie party supports govt's moves to raise taxes
      219 5 Bloomberg Business News CANBERRA The leader of the key minority party in the Australian Senate said she supports moves by the ruling Labor Party to raise taxes provided they are not regressive. Cheryl Kernot. leader of the Australian Democrats, said any
      Bloomberg Business News  -  219 words
  • Page 5 Advertisements
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      158 5 I i Smmste/ V |r J.-. Golden Tradition, automatic movement with the unique Universal Geneve microtor system 18K Solid Gold case and Sapphire crystal-clear hack cover. IBeauty which goes heyond the face alone. The Golden Tradition from Universal Geneve. Clear Sapphire crystal hac king. Solid Gold case. Exquisitely complemented hy
      158 words
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  • REGIONAL FOCUS
    • Article, Illustration
      Tokyo seeks higher political, economic profile in Indochina
      938 6  -  Japan's investment push in South-east Asia Stoportsby Anthony Rowley in TOKYO IpHAT IS termed a "high-lev-el political dialogue" is due to mc held in Tokyo today bemeen Vietnamese deputy forTngn minister Vu Khaon and jns Japanese counterpart Hifoshi Fukuda. i It is
      938 words
    • Article, Illustration
      A growing investment presence in Philippines
      602 6 JAPAN is slowly stepping into the breach created in the Philippine economy by the withdrawal of the US military presence two years ago. Like in Indochina, the relative lack of a US presence there now gives Japan a natural edge in building up its
      602 words
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      338 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1296 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF NEW CITY REALTY (PRIVATE) LIMITED (Incorporated in the Republic of Singapore) (Members' Voluntary Wlnding-Up) At an Extraordinary General Meeting of the abovenamed Company duty convened and held at
      338 words
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      Page 6 Advertisements Column 2
      312 6 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 IN THE MATTER OF LEGRAND SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS Pursuant to Section 290(2)<b)] At an Extraordinary General Meeting of the Company held at 3 Gui Dnve. Jurong, Singapore 2262 on the 25th
      312 words
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      Page 6 Advertisements Column 3
      355 6 sales exhibition I ifjfjl M ilfj X—' TFv|r| Venue: River View Hotel, 2nd Level, Peony Room, I wl ti J I 382 Havelock Road Singapore 0316 X ifiHkM'ftßJtiWc Date: Friday, 2/12/94 Monday, 5/12/94 >V QUANZHOU CHINA Time: 10.00 a.m. 8.00 p.m. J PAYMENT: Buyers art msmt thai the deMlopers lim
      355 words
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  • THE WORLD
    • Article
      Lock icon Italian unions call off strike after pension deal with Berlusconi
      433 8 AFP. Reuter ROME Italy's trades unions called off an eight-hour general strike yesterday after lengthy talks with Prime Minister Silvio Berlusconi secured a compromise deal on the country's bitterly contested 1995 budget. The accord, hammered out after 22 hours of
      AFP.; Reuter  -  433 words
    • Article
      Lock icon New Mexican president faces daunting tasks
      320 8 Reuter MEXICO CITY Ernesto Zedillo took ofTiee as president of Mexico yesterday for a sixyear term in which he has pledged to deepen free-market economic reform, overhaul a corrupt judicial system and usher in greater democracy. Mr Zedillo, a 42-year-old economist, sent clear signals
      Reuter  -  320 words
    • Article, Illustration
      Lock icon Grave warning
      54 8 Reuter KL'ALA LUMPUR An inmate of a drug rehabilitation centre performing a sketch during the launch of World Aids Day in kuala Lumpur yesterday. Meanwhile, in Paris at the opening of the first ever international political summit on Aids, UN secretary-general Boutros Boutros-Ghali declared a "planetary emergency" over
      Reuter  -  54 words
    • Article
      Lock icon Central Europe's competitive edge draws major EU firms
      498 8 Bloomberg Business News LONDON As the European Union prepares to open its doors to Central Europe by the year 2000, the region's competitive edge is proving irresistible to West Europe's big companies facing high costs at home. From its multi-million-dol-lar plant in
      Bloomberg Business News  -  498 words
    • Article
      Lock icon EU wants firms tardy in paying bills punished
      178 8 Bloomberg Business News BRUSSELS The European Commission said eompanies that settle their invoices late should be punished, amid mounting concern about the impact of delayed payments on profits. Companies surveyed by the commission last year settled invoices an average of 66 days
      Bloomberg Business News  -  178 words
    • WORLD WATCH
      • Article
        Lock icon Blinder hints at rate hikes
        141 8 Bloomberg Business News WASHINGTON Federal Reserve Vice-Chairman Alan Blinder left a "distinct impression" in an interview that the central bank is not through raising interest rates, columnist Hobart Rowen said yesterday in a Washington Post article. There's always a chance that the Fed's rate increases
        Bloomberg Business News  -  141 words
      • Article
        Lock icon Call for EU farm price cuts
        93 8 Reuter BRUSSELS All European Union guaranteed farm prices should be cut to near world market levels in five to seven years, the Royal Institute of International Affairs said. EU farm support should act only as a "safety net, not holding up the trapeze artist,
        Reuter  -  93 words
      • Article
        Lock icon British customs to cut 4,000 jobs
        64 8 AFP LONDON Britain's customs service is to axe 4.000 jobs, about 16 per cent of the workforce, over the next five years, the customs department announced on Wednesday. Around 550 anti-smug-gling officers, a number of passport control officials and those in general administration will
        AFP  -  64 words
      • Article
        Lock icon Ho Chi Minh City-LA tie-up shelved
        93 8 AP LOS ANGELES A proposal to establish a "sister city" relationship between Los Angeles and Ho Chi Minh City in Vietnam was sent to a committee for study after Vietnam War veterans objected. Councilman Richard Alatorre sponsored the sister city motion after talking with
        AP  -  93 words
    • Article
      Lock icon Canada's robust expansion in 3rd qtr seen slowing down
      402 9 Reuter OTTAWA A healthy 4.7 per cent jump in Canada's thirdnjuarter output would ensure its performance is among the strongest in the industrialised world this year, but the robust pace of expansion is slowing, economists said. Booming exports continued to boost
      Reuter  -  402 words
    • Article, Illustration
      Lock icon Protesting against job cuts
      48 9 Reuter LOJNDOiM t ustoms officers protesting against job cuts leading a meeting with a cardboard cut-out of a staff-member on Wednesday. The protest was called as the government cut hundreds of jobs which unionists claimed would affect Britain's ability to control its borders. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Members fear police reforms: EU commissioner
      214 9 Reuter BRUSSELS A European Commissioner has accused EU national governments of "running scared" of real reforms in justice and home affairs policy as plans for the Europol police agency get bogged down because of wrangling over its role and powers. Internal and Legal Affairs
      Reuter  -  214 words
    • Article
      Lock icon EC fines 33 cement companies and 9 trade bodies for colluding on prices
      376 9 Reuter BRUSSELS The European Commission clobbered 33 cement firms and nine trade associations on Wednesday, with a huge fine for colluding to keep prices high. The commission said the companies, including most of the largest in Western
      Reuter  -  376 words
    • Article
      Lock icon Global drug laundering ring smashed after long probe
      215 9 Los Angeles Times NEW YORK An international drug money laundering operation so brazen that proseeutors charge it used lawyers. rabbis, a diplomat and a policeman who reportedly stored close to USSI million (551.46 million) in his precinct locker was broken up on
      Los Angeles Times  -  215 words
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      237 8 tsxsUsi I— —1 r HHWMIIIIII _n_ a ammr h I i?» BBSnVfr <mc -n?-*- -<•«**•■*«.•».---«:• ar -«h Kw Ptflrl IIBSI ®l I 111 IkW jJMI/':; I 111 111 HI I ™-iULIii mr AOST ADS '^m w&sd \!i3!.ffii:!.i SSif WAIT TO GFT ps "sspm IVru IIV Midi g«£;i;af ■f_. aw IS
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      276 9 II S\f LOIMfd EST /0m mHAPPY HOURS 1// is ONLY PART OF TH E WF( j M more to just happy hours from 11am to Bpm. Whether it's a Hennesy, a Black Label or even a Swing, you'll be J W entitled to a 20% discount that's served up with
      276 words
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      Page 9 Advertisements Column 2
      130 9 YES IT'S TRUE! 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
      130 words
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  • SPORTS
    • SIDE LINES
      • Article
        Lock icon Height categories for basketball?
        94 10 Bernama KUALA LUMPUR Asians, who seldom make an impact in world basketball due to their lack of height, may yet find themselves competing on an equal footing with the Americans and Kuropeans. The Malaysian Basketball Association (Maba) has come up with a radical proposal to split
        Bernama  -  94 words
      • Article
        Lock icon Ozaki takes lead in first round
        88 10 AP NISHINOMIYA, Japan Naomichi Ozaki shot nine birdies yesterday for a course-record 62 that gave him a two-shot firstround lead in the Golf Nippon Series, a showdown among the Japanese tour's top 24 players. Ozaki. younger brother of Masashi "Jumbo" Ozaki. birdied six holes
        AP  -  88 words
      • Article
        Lock icon Pakistan's hopes rest on Shahbaz
        73 10 Reuter SYDNEY Pakistan's chances of beating Germany in last Friday's World Hockey Cup semi-final rests squarely on the fitness of the game's outstanding player, Shahbaz Ahmed, who desperately wants to end his career with the game's big prize. While defending champion, the Netherlands, goes confidently
        Reuter  -  73 words
      • Article
        Lock icon Chicago Bulls beat the Suns
        67 10 Reuter CHICAGO Scottie Pippen had 35 points and Toni Kukoc put up 19 to lead the Chicago Bulls to a 118-105 victory over the Phoenix Suns on Wednesday. The loss halted a four-game winning streak by the Suns and Chicago stopped a two-game losing streak.
        Reuter  -  67 words
      • Article
        Lock icon Malcolm set to return to action
        83 10 AP SYDNEY, Australia England fast bowler Devon Malcolm is set to return to action next week after being sidelined by a bout of chicken pox that ruled him out of the first cricket Test against Australia in Brisbane. He will not play against a
        AP  -  83 words
    • Article, Illustration
      Lock icon PGA's tough stance makes World Tour a doubtful starter
      537 10 AP TAMPA. Florida The lines are clearly drawn between the established PGA Tour and the new World Tour. It will be one or the other. Not both. Now it's up to golfs leading players to decide on which tour they will
      AP  -  537 words
    • Article, Illustration
      Lock icon Shaq's magic touch
      38 10 Reuter ORLANDO, Florida Orlando Magic centre Shaquille O'Neal slams over Sacramento defenders Mitch Ritchmond (left) and Olden Polynice during first quarter action on Wednesday I he NBA contest was played in the Orlando Arean. Reuter
      Reuter  -  38 words
    • Article
      Lock icon China defends doping policy, blames scandal on individuals
      330 11 AFP. AP BEIJING China strenuously defended its sports anti-doping policy yesterday, blaming the latest scandal involving 11 Chinese athletes on "individual acts" rather than any failure on the part of the authorities. Foreign Ministry spokesman Chen Jian also dismissed the idea that
      AFP.; AP  -  330 words
    • Article
      Lock icon Unbeaten Walsh puts Kramer on bench
      419 11 AFP WASHINGTON Shawn Walsh, unbeaten as Chicago's starting quarterback, has made the Bears into an American football title contender and turned ex-starter Erik Kramer into a US$2.7 million (553.9 million) bench warmer. "All that matters are wins and losses," Walsh said. "This year, things
      AFP  -  419 words
    • Article
      Lock icon Japanese buyers giving US horse industry a run for its money
      578 11 Bloomberg Business News LOUISVILLE, Kentucky When Marvelous Crown strolled into the victory circle after this year's prestigious Japan Cup horse race in Tokyo, the gelding symbolised an economic dilemma facing the American thoroughbred industry. The four-year-old's broodmare was impregnated
      Bloomberg Business News  -  578 words
    • SCORE CARD
      • Article, Illustration
        Basketball
        32 11 NKW YORK NBA Wednesday: Boston lIX Detroit 115: Charlotte 105 Miami 87; Cleveland 117 LA l akers 79; Orlando 114 Saeramento 107; Chicago 118 Phoenix 105: Seattle 109 San Antonio 100.
        32 words
      • Article, Illustration
        Cricket
        35 11 Pit I KKM AKI I ZBl KG, South Africa Day/night limited o»ers match Wednesday: Natal bt Sri Lanka by six wickets. Scores: Sri Luinka 200 for eight (50 overs). Natal 204 for four (47.3).
        35 words
      • Article, Illustration
        Rugby
        14 11 LE PONTET, France Kugb> It-ague lour match Wednesday: Australia 64 France B 9.
        14 words
      • Article, Illustration
        Squash
        92 11 DOHA Qatar International championship 2nd rd Wednesday: 1Janshcr Khan (Pak) b Amir Wagih (Egy) 15-11 15-8 17-14; 8-Ross Norman (NZ) b Stephen Meads (Eng) 15-7 15-10 15-4: 14-Simon Parke (Eng) b 12-Dannv Meddings (Eng) 12-15 15-12 15-8 15-4; Del Harris (Eng) b 7-Rodnev Martin (Aust) 15-13 15-10 15-5; 5-Peter
        92 words
      • Article, Illustration
        Golf
        28 11 NISHINOMIVA, Japan 1(H) million yen Golf Nippon Series Ist rd Ihursday (par-71, Japanese unless noted): 62 Naomichi Ozaki 64 Eiji Mizoguchi 65 Yoshinori kaneko 66 Masavuki kawamura.
        28 words
  • Page 10 Advertisements
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      276 10 Financial News A Quick Look At The I I Markets I Call 24 hours a day for I I KLSE I I reports, closing I I market reports and Cost: 30 cents a minute Organised by: R^y]^ An SPH AudioTex Service ——————J Irr rym #i offshore I WYI COMPANY SPECIALISTS
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      224 10 THE LUXURY CAR THAT ENVELOPS YOU IN EXCLUSIVE COMFORT WITHOUT SACRIFICING PERFORMANCE. THE NEW RMW 7 SERIES. TAKING THE LEAD. If you set out to create the world's ultimate luxury car, one arm, back and headrests. Or even the superb acoustics of the really aspect has to be uppermost in
      224 words
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      96 11 W the really experience the indefinable extra that puts the 7 Series in front of its few competitors: the sheer exhilaration of the ss performance that lies under its hood. thing However, that's an entirely new story. One which we'll be covering closely in the very near future. But until
      96 words
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      Page 11 Advertisements Column 2
      343 11 INFiHline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The SAGITTARIUS Woman; Win Prizes.' Entertainment News 8451 New: The Latest In Music Scene Ghost Stories 8452 Flying Knives; Win Prizes! Children's Funland 8453 Sex Quiz Face Facts 8454 Pulse Points Dreamland 8455 Dreaming Of Fighting; Fandi Ahmad <&
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      837 12 Si Nothing Beats A Bud, OF IT FULL DRV 1 SEMINAR PACKAGE l^^nl^4s^oopei^ersor^j Good business sense means conducting your seminars or mini-conventions outside the CBD yet in the heart of the Orchard Road area. That means choosing the Boulevard Hotel and our excellent seminar packages. For only $45 per person
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      Page 12 Advertisements Column 2
      435 12 WHERE TO WINE, DINE AND ENTERTAIN BUSINESS LUNCH OR I FAMILY DINNER, f I FEAST ALL YOU CAN. That's over SO delightful dishes in all! £1 Featuring the best talked alxxit ft seafood and Cantonese cuisine. All {I you can eat. Complimentary platter of K suckling* pig and for children,
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      Page 12 Advertisements Column 3
      266 12 $250+* fflfflWHiJl T2C t^ D CMatunum (Vr p. of 10 persons) ..A J SJOO ('Birthday •Maximum of Maximum of 'Package C 15 persons) (ffij 10persons) $180++ /gj ====i^~ CZfBEZ WaKunumof jJj-j. g /I p- Bpersons) C^fejgl^L ferr a IQTV %oom for a song. ir for reservations. call us a I
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Carl Sagan debunks science myths
      947 13  -  Ben Dobbin finds the scientist still doing his high-wire act Ben Dobbin AP IF SPACE ALIENS ever show up for real, don't expect them to even begin to resemble the middling monstrosities on Star Trek. Time for us to revise our views of repulsive!" says
      AP  -  947 words
    • Article, Illustration
      Lock icon All dressed up for a good cause
      512 13 CHATTERBOX AP AP AP AP ROSEANNE hopes to be pregnant by the time she's married. The 42-year-old comedian underwent in-vitro fertilisation last week, using four of her own eggs and sperm from her fiance-chauffeur-bodyguard. Ben Thomas, spokesman Kevin Campbell said. The brassy star
      AP; Reuter  -  512 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      97 13 TSINGTAO BEER Standing tall with its Superb Flavour Tsingtao, a rich strong flavoured beer brewed with sparkling, spring water from the famous mountains of Laoshan. Its superb taste, praised and awarded the world over since 1963, quenches your thirst... revitalises your coffee houses etc. j Sole Distributor: q =J FT
      97 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1244 13 TV RADIO who l&gjH just managed to qualify as a iK lawyer after years of try ing. His v^ZT' first client a kid who inadvertently admits to a murder jHH didn't commit. Vinny makes the trip from Brooklyn VfIMH to Wahzoo City Arizona, for his defence. His girlfriend. jE Marisa
      1,244 words
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      392 14 aff of art finest materials that must pass his stringent scrutiny. Till y the time he enters the individual number of the finished marvel that appreciate ouer time in his personal register. are created on canvas. Each and every timepiece is then submitted unconditionally Van Gogh, Picasso and Gauguin worked
      392 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Lock icon Euro RSCG steps up push into Asia
      570 15  -  Paris-based agency to pour more than half of its global investment into the region next year. and plans to open five offices in China, reports Michelle Low Michelle Low IF EURO RSCG has its way, the world will be its oyster by the
      Photo by Arthur Lee  -  570 words
    • Article, Illustration
      Lock icon Tacky Phnom Penh billboard ads to be weeded out
      175 15 Reuter CAMBODIA has announced new controls on billboards in an attempt to beautify the capital Phnom Penh. The rules say all outdoor signs will now be controlled by a licensing office empowered to remove billboards erected without the permission of city
      Reuter  -  175 words
    • COPY LINES
      • Article
        Heineken launches $2m campaign
        49 15 SINGAPORE Heineken Beer has launehed a new television campaign produced specifically with the Singapore market in mind. Ihe S2 million year-long campaign will involve cinema and print advertisements, as well as other promotional activities. Heineken is targeting the white-collar segment with this new marketing strategy.
        49 words
      • Article
        Lock icon Ogilvy chosen for Krystal account
        81 15 NYT N'FW \ORK Ihe Krystal Co. a fast-food hamburger chain, selected Ogilvy and Mather Atlanta to handle its account, which had been at Publicis/Bloom in Dallas for the past four years. Billings were estimated at US$7 million (5510.22 million). 'Krystal said Ogilvy Atlanta had been
        NYT  -  81 words
      • Article
        Lock icon Lowe to keep Citibank account
        169 15 NYT NEW YORK I he Citibank North America unit of Citicorp in New ork has retained Lowe Partners/SMS in New York on its domestic credit-card account after a two-month review. The account, with billings estimated at US$6O million, has been handled by Lowe since 1980.
        NYT  -  169 words
      • Article
        Lock icon Burnett has an eye on Heinz's rivals
        124 15 NYT NEW YORK Leo Burnett Co says it will likely consider working for marketers that sell pet foods and other products that compete against a long-time former client. H J Heinz Co. "We'll he open to any client" in those categories. Tom Ross,
        NYT  -  124 words
      • Article
        Kmart hosts underprivileged kids
        56 15 SINGAPORE Kmart Singapore hosts its first special shopping spree for underprivileged children this holiday season. Selected by the Children's Charities Association, the young shoppers will shop at Kmart tomorrow. About 30 children will participate, and each child will receive 530 worth of merchandise of their choice
        56 words
    • Article, Illustration
      Lock icon Heshe sells Conceptual to JointCom for $520,000
      530 16  -  Corinne Kerk finds out how the garment manufacturers sale of its ad agency to a younger outfit fits in with its plan to go regional Corinne Kerk DE P A R T I N G from the norm, two-year-old Joint Communications (JointCom) has
      Photo by Arthur Lee  -  530 words
    • Article, Illustration
      Lock icon Toscani's reign of shock extends to museums
      729 16 AP CALL it Artvertising. After years of enraging public opinion and governments around the globe. Oliviero Toscani's posters for clothing chain Benetton are gracing museum walls, where the sense of shock mostly centres on equating advertising with art. "Advertising is the most universal,
      AP  -  729 words
  • Page 15 Advertisements
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      21 15 How do you access H 90,7281 people who have computers I for personal use I all it takes is SOURCE AP7
      21 words
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      33 15 CLASSIFIED A CLASS OF ITS OWN USE PICTURES. They tell a lot more. Use photographs to make your selling item look real. Make A Difference To Your Advertisements Today! CATS CALL 1800-737-1166 NOW.
      33 words
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      Page 15 Advertisements Column 3
      300 15 ►upr Do you hAvt imj.gim.tlv ways of getting to the bottom of a problem? Here's one. That ad agency is Monsoon. And the Want to demolish an entire city? Put paint on our signboard has hardly dried, together a battalion of men. March them This hit of news is obviously
      300 words
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      48 16 I ALFRED DUNHILL HEsssS^^HHHHI^H The New Norfolk neto rustye t^/ttqyaye ant/ (/<t«Mtvyt» intfttnt t/ /fy f/f i'lny/xA ixMtnbyjut/e. (yttaftt/ /tercvHj/ttme ciumhm. 'Water /it// yrainei/ /eat/ter. 1 /(u/h/ ■%/itf/et/ ant//intx/nt/ tint/ />raM fitment*. at //•/rr#o/«>#a/ *per /1m 6i|fy W w 4 (JfaM/c* to treasure *wce Asty«? 5 AO 41/94
      48 words
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      Page 16 Advertisements Column 2
      159 16 Suits needed for long-haired, UNSHAVEN CREATIVES. WITH HUNDREDS OF ADS BEING WRITTEN EVERY MONTH, OUR CREATIVES NEED HELP. THEY NEED FATHERLY AND MOTHERLY FIGURES TO EASE THEM THROUGH THE CHAOS THAT CAN BE ADVERTISING. IF YOU'RE THE TYPE OF PERSON WHO CAN HANDLE A BESPECTACLED, AUTHORITATIVE CLIENT ONE MINUTE, AND
      159 words
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      132 17 Ijfilf SINGAPORE I The Singapore Quality confer I to I for I (NS) Lee Hsien Loong I Deputy Prime Minister I n decade a I era e The momentum I open and competitive global markets now I unstoppable. Quality the key to meeting the challenge; for wherever you are whatever
      132 words
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  • Article
    S'pore-Thai ties on a high
    502 18 EDITORIAL IT MIGHT sound like a cliche to say that economic ties between Singapore and Thailand have reached a new level with the formation of the Thailand-Singapore Business Council. But things have not always been this rosy. There was a time, as recent as in
    502 words
  • WHAT THE OTHERS SAY
    • Article
      Levies and alternatives
      400 18 FEW Singaporean employers are likely to be cheered by the prospect of having to pay more in levies for the foreigners they employ. Working mothers, in particular, might see the 10 per cent increase in the domestic maid levy as another impediment that makes it difficult for
      400 words
    • Article
      Charity begins at home
      128 18 THERE is an increasing trend among the Malays to donate their kidneys to unfortunate members of their family. This is an encouraging sign because Malay kidney patients then would not have to suffer for longer than they need to. What's more, the kidney one gets from
      128 words
    • Article
      Foreign workers in demand
      182 18 WHILE a higher levy for unskilled workers will inevitably mean higher production costs for employers, it may not necessarily reduce demand for such workers, especially in the construction industry which relies heavily on a large number of unskilled workers. The trend is that demand for both
      182 words
    • Article
      Threat to investments in China
      111 18 IF INVESTMENT analysts are not as gung-ho about China as they once were, it is largely because of the uncertainty caused by Beijing's shifting economic and fiscal policies. But for companies doing business there, it is the lack of reliable commercial law which can prove
      111 words
    • Article
      Nato's impotence
      117 18 THE IMPENDING fall of Bihac into the hands of the rebel Serbs could not be more humiliating for the United Nations and Nato. The Serbs could have easily captured the whole town on Monday and it is not immediately clear why they have chosen to wait, rhe whole
      117 words
    • Article
      Injustice in Bhopal
      108 18 JUSTICE delayed is justice denied. The same applies to compensation. For the survivors of the century's worst man-made disaster in the central Indian city of Bhopal. a decade has rolled by since a lethal gas leak at Union Carbide's pesticide plant took an instant toll of 4,000-plus
      108 words
  • Article
    Giving away British Telecom's competitive advantage
    1204 18  -  The UK government has given foreign cable operators virtual carte blanche to make their millions at the expense of British Telecom, says Neville Stack Neville Stack The writer is a UK-based journalist who contributed this commentary to BT WHEN Lemuel Gulliver, the sleeping giant,
    1,204 words
  • Page 18 Advertisements
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      149 18 MP -I-. t 1 Vung Tau... picture-perfect beaches which have seduced sun-sea-sand lovers for a century. Vung Tau oil exploration and gas industry centre which has enticed entrepreneurs for decades. Weekly Scheduled Services Day Sector Scheduled Departure/Arrival Flight No. (local tnne) VIETNAM I r j*' Wed, Fri SIN-VTG 5.30 am
      149 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      84 18 f DON'T RCPiLLv/ BUT I'm PuTnMG IT) UHPfT 'S URQNG Voo) I t O STRESS ]J TOPRV P ST C ASSOCIATCO LTD. IHMH4 VcC" POONESBURY GARRY TRUDEAU KwSTH M rrHAPP£m?kJH£NHtSWIF£ ■S^TI MAS SIFUG6UN6urmCAN- W arT maT PmngggMM MARX, I UNP6RSTAW C£R. RJ6HTAFTER HER OPER- I NEWT,!*... PAMMfT, M>MAN' I FAMILY
      84 words
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  • ANALYSIS
    • Article, Illustration
      Satisfying Asia's huge appetite for chips
      1612 19  -  Demand for semiconductors in the Asia-Pacific area (excluding Japan) is forecast to jump by 32 per cent to US$2l billion this year and Singapore is keen to tap into that market. Claire Leow reports Claire Leow TWO analysts enjoying their evening beer on Orchard
      1,612 words
    • Article, Illustration
      Lock icon Shareholder democracy takes root slowly in Italy
      1386 19  -  Political uncertainty is not expected to halt the country's privatisation programme, says Andrew Hill Andrew Hill FT NOBODY ever said selling off Italy's sprawling public sector would be easy, and in the past eight months, a change of government, political infighting and stock
      FT  -  1,386 words
  • Page 19 Advertisements
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      454 19 VAN DER HORST LIMITED ANNOUNCEMENT $23,565,600 3'/>% UNSECURED LOAN STOCK DUE 1998 ("LOAN STOCK 1998") CLOSURE OF REGISTER OF LOAN STOCKHOLDERS Pursuant to the terms of issue of the 523.565.600 372% Unsecured Loan Stock due 1998 ("Loan Stock 1998"). the interest on Loan Stock 1998 will be paid on 31
      454 words
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  • Article
    Lock icon US income up by a strong 1.4%
    478 20 NAPM index shows manufacturing grew at fastest pace in 11 years Bloomberg Business News, Reuter WASHINGTON US personal income rose a larger-than-expected 1.4 per cent in October the biggest gain in eight months fuelling a 0.7 per cent increase in consumer spending, government
    Bloomberg Business News,; Reuter  -  478 words
  • Article, Illustration
    Lock icon Senate set to pass Gatt bill after Clinton hard-sell
    485 20 AP. UPI, Reuter WASHINGTON Under a furious lobbying barrage from the Clinton administration and a small army of corporate executives, the US Senate yesterdaystood on the verge of ratifying a sweeping expansion of global free trade. The climactic vote will not
    AP.; UPI,; Reuter  -  485 words
  • Article
    Lock icon Key panel in Japan's parliament approves Gatt deal
    252 20 AP TOKYO A key parliamentary committee yesterday approved Japan's acceptance of the Gatt world trade treaty without fanfare, paving the way for final approval by Asia's most powerful economy. The special ad hoc committee sent the Bill to the more powerful Lower
    AP  -  252 words
  • Article, Illustration
    Why Washington wants a strong European Union
    641 20  -  The Bottom Line REGINALD DALE REGINALD DALE The writer is a columnist with the International Herald Tribune, where this commentary first appeared A STRIKING dichotomy seems to be emerging in Western Europe's relations with the United States. The political relationship, still largely managed
    641 words
  • Article
    Lock icon Inflation, state firms top China's agenda for economic reform
    356 20 Reuter BEIJING The control of raging inflation and compensation for workers facing the sack from loss-making state firms will head China's agenda for economic reform next year. The announcement came on national television yesterday after economic czars ended a five-day conference
    Reuter  -  356 words
  • Article
    Lock icon Less eating and drinking, but more merry making: EU spending report
    269 20 Bloomberg Business News LUXEMBOURG Families in the European Union are spending less on eating, drinking and smoking than they used to. but more on other so-called "fun" activities, says a forthcoming report from Eurostat. the EU's Luxembourgbased statistics office.
    Bloomberg Business News  -  269 words
  • Article
    Lock icon Sony set to invest more in Malaysia
    252 20 Berama KUALA LUMPUR Sony Corporation of Japan plans to invest more in Malaysia soon although details are not yet available, Sony officials said yesterday. More investment plans were expected to be unveiled later this month by a visiting senior Sony Corporation of Japan
    Berama  -  252 words
  • Page 20 Advertisements
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      117 20 NVE SMEN T^i j^^^omoiTO\\ur^^^ m^ S GENEVE Lcs maitrc des Complications l\ I KIT! CI'RVI X 751 M» S'> mm Rcmarkable mechanical movement Willi in.iiui.il \uiullllil. Mil.til secomK counter. A\ailahle I \cliiM\el\ .it 12 I akaslimiaya Shopping ("cnlre. N;jce \nn(it\. (>ichanl Koail. Singapore lei: >> (I S #01-22 Lucky Pla/a.
      117 words
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      Page 20 Advertisements Column 2
      7 20 fmmmm 1 I Tomorrow in Business Times
      7 words
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  • COMPANIES & MARKETS
    • Article
      Shipping giant Cosco to list container leasing firm in HK
      365 21  -  By Quak Hiang Whai SINGAPORE China Ocean Shipping Company (Cosco), which obtained a backdoor listing here last year, will soon list its container leasing business in Hongkong. The Chinese shipping giant has received approval from Beijing to list its subsidiary
      365 words
    • Article, Illustration
      Hour Glass to embark on $20m expansion
      506 21  -  By Michelle Low SINGAPORE Listed watch retailer The Hour Glass will spend $20 million to $25 million within the next three years increasing its presence in Asia by opening more shops in the region and acquiring brands. Hongkong is a key area. Executive
      506 words
    • Article
      Salim group raises stake in QAF to 8.9%
      217 21 SINGAPORE Indonesia's Salim group has raised its stake in listed food group QAF to 8.9 per cent just two weeks after it announced it had an 8 per cent stake. Salim-owned company KMP said in a statement yesterday that its subsidiary Qualif
      217 words
    • Article
      Westland price plunge may be overdone
      768 21  -  HOCK LOCK SIEW By William Chia SINGAPORE Westmont Land (Asia) Bhd's recent decision to cancel its share swap agreement with listed Philippine property group Interport Resources Corp and call for a bumiputra-cum-rights issue has not gone down well with investors. The share price of
      768 words
    • Article
      Faber board defends sale of PLUS despite market reservations
      509 21  -  From Ho Kay Tat in KUALA LUMPUR FABER Group Bhd officials said yesterday the sale of Faber's 50 per cent-owned road toll operator, Projek Lebuhraya Utara-Selatan (PLUS), was carefully thought out and good for the company, which could now focus on
      509 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        48 21 Weak Market MikhJ' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled Alliance, liarint;. Duma. Fraser. (J K (ioh. Kay llian, Morgan (Jrenfell. OngCo. Nomura. Phillip. Smith t\eh Court. H I Carr and SO Warburg.
        48 words
      • Article, Illustration
        HOT STOCK
        95 21  -  Quak Hiang Whai LIKE other Clob counters, Uniphoenix Corp TSR has suffered from a sharp correction since the Sep mini-rally. Similarly, Unicorp TSR looks attractive both as a shortterm and medium-term buy, having been sold down from almost $2 in Sep to $1.15 yesterday. The stock currently looks
        95 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Gleneagles in dialysis venture
          76 22 SINGAPORE Parkway Holdings said its wholly-owned subsidiary. Gleneagles International, has entered into a joint venture and shareholders' agreement to develop and operate dialysis centres in the Far Last region. Its partners are Pacific Lifecare, a wholly-owned subsidiary of Baxter Healthcare Far East, and Dominic Er Medical
          76 words
        • Article
          IPC bags Korean deal
          56 22 SINGAPORE Computer maker IPC Corporation yesterday announced that it had clinched a contract worth over USS4 million (SSS.B million) to supply its point-of-sale (POS) terminals to the Korean Supermarket Association. 'PC will supply 3.200 terminals in four stages between 1994 and The first-stage delivery of 200
          56 words
        • Article
          New man at helm of CMB Asia
          75 22 SINGAPORE CarnaudMetalbox Asia's chief executive officer. J B Carmichael, is returning to the CarnaudMetalbox head office in Paris after almost five years in Singapore. He will be replaced by Nigel Gilson. executive vice-president in Paris, and responsible for the CarnaudMetalbox European food can
          75 words
        • Article
          Lock icon Phone company sells preferred shares
          63 22 Bloomberg Business News MANILA Philippine Long Distance Telephone Co, the country's dominant telecommunications concern, said it sold 4.25 million preferred shares at US$5O (SS73) each. The shares, which will be traded on the New York Stock Exchange, are convertible into common stock at U5558.38 a
          Bloomberg Business News  -  63 words
        • Article
          Lock icon Rashid Hussain denies rumours
          68 22 Reuter KUALA LUMPUR Rashid Hussain Securities Sdn Bhd has denied market talk that the company is planning to place out seven million Telekom Malaysia Bhd shares in a private placement. "The rumours are untrue and there is nothing being done." a company official said. Brokers and
          Reuter  -  68 words
      • Article
        Two Beng Seng-linked firms to operate charter flights to Koh Samui resort
        168 22 SINGAPORE Two travel firms associated with hotel tycoon Ong Beng Seng have tied up an agreement to operate charter flights to the Thai beach resort of Koh Samui. Region Air will operate the flights the first of which
        168 words
      • Article, Illustration
        Palmco defends proposed sale of stake in listed Acidchem
        396 22  -  From Ruth Wong in KUALA LUMPUR PALMCO Holdings Bhd said yesterday it was doing the right thing in proposing to sell its majority stake in its listed unit. Acidchem (M) Bhd, as part of its restructuring exercise. "We feel that the
        396 words
      • Article
        Inchcape sells cargo services group for $650,000
        205 22 SINGAPORE Services and marketing group Inchcape Bhd has sold its wholly owned subsidiary Inchcape Cargo Services to a group of private investors. Inchcape said yesterday that the sale price would be about $650,000. based on the forecast net asset value of Inchcape Cargo
        205 words
      • Article
        Indon infrastructure group to tap bourses for 128b rupiah
        307 22  -  From Leslie Lopez in JAKARTA PT BUKAKA Teknik Utama. one of Indonesia's top infrastructure concerns, with strong links to Singapore state-controlled firms, plans to raise 128 billion rupiah (5588.45 million) in a share offering which analysts say is likely to be
        307 words
      • Article
        Lock icon Derivative losses fail to dent Indah Kiat's profit
        178 22 Reuter JAKARTA PT Indah Kiat Pulp and Paper posted strong earnings growth in its 1994 nine-month results despite setbacks in derivatives trading because the losses were absorbed by its parent, the Sinar Mas Group, analysts said. Newspapers reported this week that Indah
        Reuter  -  178 words
      • Article
        Sembawang takes over RDC after Keppel's failed bid
        363 22  -  By Paul Leo SINGAPORE Sembawang Corporation has done what a competitor could not and one day ahead of deadline. The company succeeded in taking over listed building materials supplier Resources Development Corporation (RDC). said its banker OCBC Bank yesterday. The takeover was
        363 words
      • Article
        SBS subsidiary to develop B Timah property
        229 22 SINGAPORE Singapore Bus Service (SBS) yesterday announced that it would be transferring its 8,922.7 square metre (approx 96.045 sq ft) freehold property at Bukit Timah/King Albert Park to its wholly-owned subsidiary Singbus Land. The transfer is expected to be effected on or before
        229 words
      • Article
        John Soh appointed Inno-Pac non-exec director
        297 22 SINGAPORE Malaysian corporate player John Soh Chee Wen. who was said to have brokered the sale of a big block of Inno-Pacific Holdings share in September, has been appointed a non-executive director of the company. A statement from the Singa-pore-listed food and paper company
        297 words
      • Article
        UNIT TRUSTS & FUNDS
        573 22 UNIT TRUSTS FUNDS Managers' prices IXc 2 Mendaki Gr f und 10" 1.12 >- llrimil lnit T ct US Gr Fund 094 0 47*d~ SjtStL ,M ,72 UOB Asset Mgt Ltd rhc Savings fund 1.57 1.66 I nifund MS 1-51 S'pore Prog Fund 061 0.65 Unihond 1.04 1.065 Spore See
        573 words
      • COMPANY BRIEFS
        • Article
          Lock icon Li Ka-shing ups stake in SHK
          98 24 Reuter HONGKONG Tycoon Li Ka-shing yesterday told the stock exchange his holding in SHK Hongkong Industries had increased to 21.08 per cent, or 314.53 million shares, from 20.06 per cent, or 299.29 million shares. In November, Mr Li had raised his stake to 19.19
          Reuter  -  98 words
        • Article
          Lock icon HP enters PC price war
          51 24 Reuter SAN FRANCISCO Hewlett-Packard yesterday announced price cuts of up to 26 per cent for its Vectra brand desktop personal computers, adding fuel to the ongoing price war in the PC industry. Hewlett-Packard also announced price cuts for its PC servers by 22 per cent.
          Reuter  -  51 words
        • Article
          Lock icon Royal Bank doubles pre-tax profit
          64 24 Reuter LONDON Royal Bank of Scotland yesterday announced it had more than doubled its pre-tax profit to £532 million (551.22 billion) in the year to Sep 30, and said it expected further earnings growth in the years ahead. The pre-tax figure was at the top
          Reuter  -  64 words
        • Article
          Lock icon Japan's Heiwa breaks with Sega
          71 24 Bloomberg Business News TOKYO Japan's largest maker of pachinko game machines, Heiwa Corp, will end a technical tie-up with home video-game giant Sega Enterprises. A company official yesterday said two companies signed an agreement in 1992 to exchange information on technology for game machines. The
          Bloomberg Business News  -  71 words
        • Article
          Lock icon Otis to expand China operations
          76 24 AFP HONGKONG Otis Elevator of the United States plans to expand its operations in China by setting up more branches and fanning out to the underdeveloped hinterland. Xinhua News Agency reported on Wednesday that Otis, which controlled 25 per cent of the market and posted
          AFP  -  76 words
        • Article
          Lock icon Bank of Nova Scotia income up 5.7%
          52 24 Bloomberg Business News TORONTO Bank of Nova Scotia yesterday said its fourthquarter net income rose 5.7 per cent amid stronger performances in each of its businesses. The bank also said it was increasing its quarterly dividend by 6.9 per cent, to 23 US
          Bloomberg Business News  -  52 words
      • Article
        Lock icon Berjaya (HK) plans rights issue to raise HK$191m
        233 24 Reuter HONGKONG Berjaya Holdings (HK) Ltd, a property and securities investment and freight forwarding concern, has proposed a five-into-one shares consolidation and a two-for-one rights issue to raise HKSI9I million (5535.9 million) funding for its new China property joint venture and for
        Reuter  -  233 words
      • Article
        Oriental Metals to raise HK$182m from share issue
        409 24  -  From Lim Soon Neo in HONGKONG ORIENTAL Metals (Holdings) Company, in which listed Cheung Kong Holdings has a stake through a joint venture, yesterday announced plans to raise HKS 182.5 million (5534.5 million) through a share issue. The company Hongkong's leading trader
        409 words
      • Article, Illustration
        Lock icon Re-making quality music
        40 24 Reuter TOKYO Chikako Mivashita from NEC Corp, Japan's computer and telecommunications giant, showing off a Silicon Audio prototype, a 123g portable audio device that reproduces compact-disk quality music from a 32-megabyte, 24-minute recording memory card yesterday. Reuter
        Reuter  -  40 words
      • Article
        Lock icon 5 to 10 years of losses for broadcasters in Asia
        260 24 Bloomberg Business News HONGKONG MTV chairman and chief executive Tom Freston yesterday predicted that satellite broadcasters in Asia could expect five to 10 years of losses as they waited for the market to develop. Mr Freston. who is on a
        Bloomberg Business News  -  260 words
      • Article
        Lock icon Acer plans thrust into telecoms next year
        265 24 Bloomberg Business News TAOYUAN. Taiwan Acer Group, one of the world's largest manufacturers of personal computers, plans a big push into the telecommunications business next year, company officials said yesterday. Acer Peripherals, Inc (API), a 47 per cent owned unit of group flagship
        Bloomberg Business News  -  265 words
      • Article
        Shanghai hotel and food business group to issue 100m 'B' shares
        365 24  -  By Teh Hooi Ling SINGAPORE Shanghai New Asia Group Company Ltd (SNAC). a group mainly in the hotel, fast-food and restaurant business, will issue 100 million foreign or 'B' shares this week at US$O.35 (550.51) each to raise USS3S
        365 words
      • Article
        Lock icon Guangdong Corp unit wins 6 new deals in HK, China
        238 24 Bloomberg Business News SYDNEY A subsidiary of Guangdong Corp. the first Chinese company to trade publicly on the Australian Stock Exchange. has won six new contracts in Hongkong and China valued at A$ 11.32 million (5512.5 million). The building materials
        Bloomberg Business News  -  238 words
      • Article
        Lock icon HK's Grandpoint to cut stake in Tung Fong Hung
        205 24 Bloomberg Business News HONGKONG Grandpoint Profits, a company controlled by Hongkong developer Louis Lo and his brother Andy Lo. is planning to cut its stake in Chinese medicine and health food retailer Tung Fong Hung to 45.97 per cent from 53.26
        Bloomberg Business News  -  205 words
      • Article, Illustration
        Lock icon Foreigners mop up shares as Seoul raises ownership limit
        495 25 Reuter SEOUL Foreigners went on a buying frenzy yesterday, snapping up most blue chips newly available under a longawaited rise in permitted foreign stock ownership. But domestic institutional investors sold as furiously as foreigners bought, leaving the index Hat and blue
        Reuter  -  495 words
      • Article
        Lock icon Hitachi group profits jump on strong chip sales, cost-cutting
        517 25 Bloomberg Business News TOKYO Hitachi Ltd yesterday said strong sales of computer chips overseas and costcutting measures helped offset the sluggish domestic economy and pushed group net profits up for the half year to Sep 30. The Japanese electrical machinery and
        Bloomberg Business News  -  517 words
      • Article
        Lock icon NEC plans silicon wafer plant in California
        249 25 Bloomberg Business News TOKYO NEC Corp. Japan's largest semiconductor maker, plans to build a new silicon wafer fabrication facility at its chip manufacturing plant in Roseville. California. Hajime Sasaki. NEC executive vice-president, said on Tuesday that the company had bought 20 hectares of
        Bloomberg Business News  -  249 words
      • Article
        Lock icon Toyota again most profitable Japanese firm
        263 25 AFP TOKYO Toyota Motor Corp was the most profitable Japanese company for the seventh straight year among companies that closed their halfyear accounts between April and September. A survey conducted by i\ihon Keizai Shimhun. the nation's major business daily, and published yesterday, checked the
        AFP  -  263 words
      • Article
        Lock icon JVC set to sign deal with Viet firm to make VCRs
        278 25 Bloomberg Business News TOKYO Japanese consumer electronics maker Victor Co of Japan is close to finalising a deal with a Vietnamese company to produce video cassette recorders. A spokesman for Victor, better known as JVC. said the company hoped
        Bloomberg Business News  -  278 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Foreign investors flee US financial markets
        380 26 AP NEW YORK Foreigners are abandoning US financial markets, an investment flight that includes a sell-otT in stocks for the first time in two years. Foreign investment in all US securities dropped by more than half in the second quarter to US$l6 billion (5523.4
        AP  -  380 words
      • Article
        Swiss bank to open branch in Malaysia
        295 26  -  From Ho Kay Tat in KUALA LUMPUR UNION Bank of Switzerland (ÜBS) is opening a representative office in Kuala Lumpur and a branch in Malaysia's international offshore financial centre in Labuan, bank executives said yesterday. "Labuan will do some banking business and some
        295 words
      • SMALL CHANGE
        • Article
          Lock icon HK-Europe debt-clearing link
          73 26 Knight-Ridder HONGKONG A link between Hongkong's Central Moneymarkets Unit, a centralised clearing system for debt instruments, and the Euroclear Clearance System Societe Cooperative will go into operation today, the Hongkong Monetary Authority said. The link, first announced in October, will broaden the overseas investor base of Hongkong-dollar
          Knight-Ridder  -  73 words
        • Article
          Lock icon Paribas may take over TSE seat
          91 26 AFP TOKYO Paribas Capital Markets, an offshoot of the French investment bank Paribas. may take up the seat on the Tokyo Stock Exchange (TSE) vacated by the US broker Prudential Securities. A Paribas source yesterday said "we do indeed have a particular interest" in
          AFP  -  91 words
        • Article
          Lock icon Dutch bank gets Viet branch licence
          118 26 Reuter HANOI The Intematione Nederlanden Bank (ING) has received a licence to open a branch in Hanoi, the 13th foreign bank to win approval for a branch in Vietnam. Officials of the central State Bank yesterday said ING received approval in principle to open
          Reuter  -  118 words
        • Article
          Lock icon S Korean banks raise deposit rates
          74 26 Reuter SEOUL South Korean commercial banks raised some deposit rates by between 50 and 100 basis points following the latest round of interest-rate deregulation, an official of the central Bank of Korea said. Most local banks now offer annual interest of 9 or 9.5
          Reuter  -  74 words
      • Article
        Lock icon Nymex hopes to start trading electricity futures by end-95
        412 26 Bloomberg Business News NEW YORK The New York Mercantile Exchange hopes to begin trading electricity futures contracts by the end of next year. Vincent Viola, vice-chair-man of Nymex, yesterday said the exchange hoped the futures would be a popular way for
        Bloomberg Business News  -  412 words
      • Article, Illustration
        Lock icon Striking a copper smelting deal in India
        53 26 Reuter NEW DELHI Raj Bagri (left), chairman of the Ivondon Metal Exchange, shaking hands with Takeshi Nagano, chairman of Japan's Mitsubishi Materials Corp, after signing an agreement here yesterday to set up a US$5lO million (***** million) copper smelter and refinery project in
        Reuter  -  53 words
      • Article
        Lock icon Consumer group blasts British banks for poor service
        349 26 Keuter LONDON British banks must improve their service and provide compensation when they make mistakes, a consumer watchdog said yesterday. In its latest survey of nearly 4,000 account-holders, the Consumers Association magazine W hich'.' says the country's biggest banks are not living
        Keuter  -  349 words
      • Article
        Lock icon Banks urged to vary interest according to risk
        388 26 Reuter WASHINGTON Federal Reserve Chairman Alan Greenspan called for a major change in the way hanks price business loans, urging them to vary the interest rates they charge depending on the creditworthiness of the borrower. In a prepared speech at the University
        Reuter  -  388 words
      • Article
        Lock icon Oil prices stagnant in dull market
        290 26 ENERGY REPORT Reuter LONDON Oil prices were stagnant on as brokers searched for near-term direction in a lacklustre market. World benchmark Brent Blend crude on London's International Petroleum Exchange for January delivery was unchanged at USSI7.II a barrel at 1710 GMT. Brokers said trading
        Reuter  -  290 words
      • Article
        Lock icon Currency Reports: London
        182 26 Reuter LONDON The dollar held solid at the European midsession with many operators sidelined ahead of the US November non-farm payrolls data today. Volumes were light amid a dearth of market-mov-ing incentives yesterday morning. US National Association of Purchasing Management data for November due later may provide
        Reuter  -  182 words
      • Article
        Lock icon New York
        83 26 AFP NEW YORK The dollar was mixed against other major currencies yesterday in light trading despite a higher-than-expected rise in personal incomes. Gold fell USS2.2O from Wednesday's close to trade at U*****.50 per ounce. At 9:15 1415 GMT. the dollar was trading at 1.5688 German marks from 1.5700
        AFP  -  83 words
      • Article, Illustration
        Untitled
        1638 26 I '<*/<•m-ifhird intk'\ lakultilfd attains Spurt 's t,ip 14 truthntt partih-r\ Bdx- year. /W US$/S$ forward rates Noon Dec I s$ Rid Offer 1-month ***** ***** 2-month I 4603 1 4618 3-month ***** 1 4608 6-month ***** 1.4572 Swim' OC'BC' Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        1,638 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen firm up on short covering
        1389 27 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were firmer at the close yesterday. Dealers said there was some short covering and squaring of positions ahead of today's US non-farm payroll data. They said sentiment for Eurodollars was bearish and the market
        Reuter  -  1,389 words
      • Article
        M'sian rubber prices firm up
        665 27 COMMODITY REPORTS Rubber KUALA I.UMPLR Malaysian rubber switched to a new spot month with prices closing stronger yesterday on enquiries from Koreans covering their positions ahead of tight supplies. Sellers were quoting higher prices as supplies are getting low due to rain in Malaysia's rub-ber-growing
        665 words
    • KNIGHT-RIDDER COMMODITY SUMMARY
      • Article
        HK mill buys CIS cotton
        39 27 HONGKONG A Hongkong mill this week bought 600 tonnes of Commonwealth of Independent States cotton for March-April shipment, trading sources said. The cotton was priced at 80.20 US cents (SS 1.71) per pound C'&F.
        39 words
      • Article
        S Korea lifts ban on Australian beef
        57 27 SEOUL South Korea lifted a nine-day ban on Australian beef imports yesterday following government testing which found the level of chemical residue far below the safety limit. Government testing found 0.03-0.17 ppm of chlorfluazuron on 13 of the 122 samples tested. The safety
        57 words
      • Article
        Thais want to buy M'sian palm oil
        73 27 SINGAPORE Thai palm oil refiners are seeking the government's approval to import 40.000-50.000 tonnes of Malaysian palm oil in the short term. The Nation newspaper said yesterday. Representatives from a palm oil refiners' association have ap- proached Thai Deputy Prime Minister Supachai Panitchpakdi
        73 words
      • Article
        Australia has enough feedgrain
        52 27 SYDNEY Australia has adequate feedgrain to meet domestic livestock demand and the cost of imported grain is uncompetitive, according to New South Wales Grains Board managing director Graham Lawrence who said that calls to import grain into Australia for livestock should be dismissed as "politics and
        52 words
      • Article
        Aussie commodity price indexes rise
        66 27 SYDNEY Strength in wool and aluminium markets contributed to an overall rise in Australian commodity prices during November, according to indexes released yesterday by the Reserve Bank of Australia. The RBA index of commodity prices rose 2.9 per cent in November over the previous month
        66 words
    • Article
      COMMODITY PRICES
      1440 27 Rubber d«x i Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Bartn Stltm As at 12 noon (S cents/kg) RSS 1 Contract (S ccnts/kg) Vo|umc RSS 2 Jan 95 201 50 202.50N Month High Low Sett (tonnes) Interest 3 an 200.50 201 50N Jan 95 205
      1,440 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        984 28 +9.7 SHARES climbed to a firmer close yesterday as optimistic futures traders offset fears of an imminent interest rate rise. The All Ordinaries Index closed at 1,900.4 points, up 9.7. The All Industrials Index rose 3.9 to 2.731.9 and the All Resources Index gained 14.8 to 1.280.4. Turnover was
        984 words
      • Article
        Manila
        573 28 •45.83 Upbeat third quarter economic figures released yesterday failed to lift a bearish bourse, which fell on a massive sell-down on oil issues and blue chips. The PSE Index retreated 45.83 points to 2.645.36. Turnover was 5.46 billion shares valued at 1.31 billion pesos. Brokers said there were "heavy
        573 words
      • Article
        Taipei
        593 28 +80.33 Stocks jumped across the board, with eight major categories of shares posting gains. Banking and insurance issues enjoyed the largest rise, dealers said. The 394-issue Weighted Price Index climbed 80.33 points to settle at 6.444.05. Turnover was 947 million shares worth NT542.74 billion. The market opened higher and
        593 words
      • Article
        Seoul
        477 28 •8.2 Shares skidded in hectic trading yesterday as profit taking eroded a foreign buying spree on the first day of a rise in the offshore stock ownership ceiling. The Composite Price Index took an 8.2-point drubbing to close at 1,066.21 in frantic trading. Turnover was a high 60 million
        477 words
      • Article
        New Zealand
        303 28 -14.91 Stocks closed lower as bill rates recorded their second successive sizeable increase, dragging share prices down across the board. "Bills have got to turn around before we seen any upwards movement in this market." said an analyst. "As long as that keeps going we're just going to
        303 words
      • Article
        Bombay
        85 28 -20.62 Stocks slipped on lack of buying support from mutual funds with the BSE 30-share Index shedding 20.62 points to 4.102.28 after a series of fluctuations during the two-hour session. The broader 100-share National Index eased 5.96 to 1.953.60. "Except some sporadic buying by Unit Trust of India, no
        85 words
    • WORLD STOCK MARKETS
      • Article
        London
        681 28 -41.8 STOCKS fell for the first time in four days amid concern British interest rates might rise as soon as next week to slow economic growth. The FI"-SE 100 Index fell 41.8 points to 3,039.6. its lowest level since Nov 25. "The market is starting to worry about a
        681 words
      • Article
        Paris
        144 28 -11.99 French shares finished easier. tugged down by profittaking in the futures market. Wednesday's rally had led some to expect a round of profit taking and the market had swayed between losses and gains during the day as buying continued. But weakness in US and European stock and bond
        144 words
      • Article
        Stockholm
        145 28 -7.29 Swedish stocks were little changed amid concern the US economy is expanding fast enough to fuel inflation and prompt a further rise in interest rates. The OMX Index fell 7.29 points to close at 1.167.80. Trading totalled 2.1 billion shares. Twentytwo stocks fell, two rose and six were
        145 words
      • Article
        Brussels
        160 28 -3.24 Belgian stocks fell amid concern Europe's economies are growing more slowly than thought, analysts said. Yesterday was also the last day of the 15-day account. where investors have to pay for shares they have bought during the period, which has the tendency to drag stocks lower. The Bel-20
        160 words
      • Article
        Zurich
        206 28 -19.00 Swiss shares ended lower in quiet trade. Only shares in cement producer Holderbank bucked the trend as the stock gained in response to a much lower fine than expected from the European Commission. The broad SPI Index closed 11.36 points lower at 1,697.43. The blue-chip SMI Index was
        206 words
      • Article
        Frankfurt
        193 28 -1.05 German stocks fell amid concern that inflation in the US may prompt the Federal Reserve to raise interest rates for the seventh time this year. The DAX Index closed the day at 2.045.54, down 1.05 points. The index was pulled lower by car stocks, which took their cue
        193 words
      • Article
        Milan
        141 28 +75 Shares closed higher on relief that the government and the unions had reached accord on pension reform so avoiding the risk of a damaging general strike today. Traders said the market appeared to be taking Prime Minister Silvio Berlusconi at his word that the compromise with the unions
        141 words
      • Article
        Amsterdam
        280 28 -1.22 Dutch stocks closed mixed as a stable dollar and local bonds failed to move the market in any direction. The EOE Index closed down 1.22 points at 408.18, led lower by Philips Electronics, publisher Elsevier and Royal Dutch Petroleum Co. Among the 25 index stocks. 13 rose, eight
        280 words
      • Article
        Johannesburg
        300 28 +4.7 South African shares closed off lows yesterday as they drifted amid a lack of clear direction, with gold shares lower on bullion's decline. Dealers said interest was limited and concern remained about short term prospects, especially with London shares registering losses. The Overall Index finished 10.9 points down
        300 words
      • Article
        Toronto
        286 28 +6.49 Stocks were mixed in early trading with dealers expecting a sluggish session ahead of today's key US economic data. Gains in consumer product, gold and forestry issues were offset by losses in communications and conglomerates. The TSE-300 Index climbed 6.49 points to 4,099.90 light turnover of 9.59 million
        286 words
      • Article
        New York
        750 28 -10.09 The Dow Jones Industrial Average, which inched up 0.68 point on Wednesday, was down 10.09 points to 3,729.13 at Nam EST. The NYSE Composite Index was off 0.60 to 247.81, while Standard Poor's 500-stock Index was down 1.27 to 452.42. Declines topped advances 1.076-716 among the 2.579
        750 words
      • Article
        Untitled
        720 28 Britannia Funds Merliag < i«h Bid (NTrr Mini jp Deposit <* MOO U*500 Mim Jerses C.ilt 0 1*9} IIWI Mim Iikxihk ***** II •**«> I SS ish liHome Plus f und IOONM PS Reserve fund J *400 I <S»I Sterling Kquit) Euro Performance 1) 0 49** Far East FwuJ *2
        720 words
    • Article, Illustration
      Lock icon HONGKONG
      3128 29 HONGKONG Shares fell as recent increases in interest rates attracted investors out of equities into higher-yielding cash and bonds. The Hang Seng Index was down 35.46 points to 8,430.80. Turnover was HKS3.O3 billion. The All Ordinaries Index fell 20.92 to 4,210.41. "There have been a lot of redemptions of
      Source: Bridge Info  -  3,128 words
    • Article, Illustration
      Lock icon CHINA
      617 29 CLSA THE H index plunged 3 per cent yesterday with turnover increasing 62 per cent to HKS 140.7 million. Maanshan accounted for 38 per cent of volume, and Yizheng another 22 per cent. Shanghai B shares remained weak and finished 0.6 per cent lower. However, turnover improved to USS4.6
      CLSA  -  617 words
    • Article, Illustration
      Lock icon TOKYO
      2525 29 Reuter TOKYO Stocks ended easier on modest arbitrage-linked selling yesterday afternoon. Trading sjowed as buyers retreated to the sidelines after a round of shortcovering in the morning. The 225-share Nikkei Average ended 62.02 points lower at 19,013.60. Turnover was estimated at 270 million. The Topix Index closed down 1.21
      Reuter; Source: Bridge Info  -  2,525 words
    • Article, Illustration
      Lock icon BANGKOK
      1810 29 Reuter BANGKOK Stocks close higher on buying of finance counters in particular, led by local funds, brokers said. The SET Index closed 9.16 points higher at 1.371.60 but off the day's high of 1.380.73. Turnover was 7.3 billion baht. Gainers led losers by 182 to 114. Plastic bag and
      Reuter; Source: Bridge Info  -  1,810 words
    • Article, Illustration
      Lock icon JAKARTA
      1112 29 Reuter JAKARTA Share prices closed lower on redemption by European funds, brokers said. "There were some fresh buying interests but redemption by European funds capped the upturn." one foreign broker said. Stocks hit by a string of redemption included Astra and Bank International Indonesia. Indosat moved against weakness in
      Reuter; Source: Bridge Info  -  1,112 words
    • Article
      CLOB INTERNATIONAL
      2396 30 Gr lie IW4 I AM ol I >«> lasl Quote t>i» l)i» \W Nrt M C'«p High Low 1 ompanv Salt ('000) High I u* Bujer Stlkt Or S P'K Vmil MALAYSIAN STOCKS 34* 160 m ABB 50c 273 cd -14 61 243 272 27) 2*0 JO -2
      2,396 words
    • Article, Illustration
      Lock icon Main index crashes through 1,000 support level
      6846 30 Bloomberg Business News KUALA LUMPUR Stocks fell as concern over rising interest rates led foreign investors to accept lower prices in order to reduce their holdings of blue chips. "The index is dropping because of blue chips," said a dealer. "Foreigners are dumping
      Bloomberg Business News; Source: Bridge Info  -  6,846 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7916 31 MAIN BOARD bi Gr Wt WW I «l Vol l>»> n» Dit Id Net Can A>| High low CumpaRt Sal* >/- 000) High loo Buyer Nrlkr S < "»r S P F v a j| p,j, INDUSTRIAL AND COMMERCIAL '20* 417.$* ml s Vnu 50c 450 until 100 452 44*
        7,916 words
      • Article, Illustration
        Lock icon Share prices dragged down by weak M'sian bourse
        1889 32  -  By R Sivanithy SINGAPORE A sudden weakening in Malaysian shares in the afternoon and fund redemptions led to the local stock market closing lower across the board yesterday. The Straits Times Industrials Index traded within a narrow band in early trading following
        Charts by Bridge Info; Source: Bloomberg  -  1,889 words
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      222 21 NEWS VALUE Credit card business slowing after MAS curbs (pg I) Minimal impact as the banks have already built up a solid customer base. Rate hikes not likely to hurt S'pore banks (pg I) That makes local banks good defensive stocks. Cosco to list container leasing firm in HK (this
      222 words
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      105 words
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      862 27 BUSINESS TIMES TOLL-FREE TEL. No 1-800-741-1883 FAX:74I-1298 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF AIC FAR EAST SERVICES PTE LTD (in Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Compeny duly convened and held
      862 words
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      Page 27 Advertisements Column 2
      39 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Evefyday.
      39 words
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      42 words
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      105 words
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      263 32 r* t IN-DEPTH BUSINESS NEWS FROM SINGAPORE PERSPECTIVE BP I or over two decades Singapore I Business has covered the local and 1 1 regional business scenes with more depth J M r/Mrs/Mss/Ms: Occupation J and breadth from a perspective which is J company: more relevant to local businessmen than
      263 words
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      572 32 BUS INESS TIMES TOLL —FREE TEL. No. 1-800-741-1883 FAX 741-1298 M THE MATTER OF THE COMP AMES ACT, CHAPTER SO AM) M THE MATTER OF NEWSTAR SMPPMG AGB4CY PTE LTD (MEMBB3S* VOLUNTARY yMNONGUP) At an EMxtary General Meoang at ta abcvanemod Company deemed to hawa bean held on Friday. 25
      572 words
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      649 32 M THE HATTER OF THE COMPANIES ACT, CAP. 90 ARO tf THE HATTER OF MARTRIX FURN6HMGS PTE LTD (91 MEMBERS'VOLUfTARVUOJQATOQ At an Extraordinary General Meeting of tw members of tw abovenamed Company duly convened and held on 28th November 1994 the following Special Resolutions *wredk#y passed:It was RESOLVED (1) That
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      303 32 M THE HATTER OF THE COMP AMES ACT, CAP. SO AND M THE MATTER OF TH UNITED PTE LTD ON KtMBERS- VOLLKTAW LXXJOATXX) At an Extraordinary General Moating of tw members of the abovenamed Company dkiy convened and held on 28ti November 1994 the following Special Reeoluliona were <fc#y pasaed:It
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  • Shipping Times
    • Article
      Lock icon KL govt urged to brighten outlook for shipbuilding industry
      433 33 MBT KUALA LUMPUR To give the pale Malaysian shipbuilding industry a more "rosy" outlook, the government has been urged to adopt several measures to promote demand for the local shipbuilding and shiprepair industry. Mara Shipyard and Engineering (Trengganu) Sdn Bhd deputy
      MBT  -  433 words
    • Article, Illustration
      Lock icon III fate dogs Lauro cruise liners
      436 33 Reuter ROME If ever a ship was born under an unlucky star, it was the Achille iMuro. The ill-fated Italian cruise liner, made famous by a dramatic hijack at sea in 1985, had seen so many portents of doom in its 47 years on
      Reuter  -  436 words
    • Article
      Lock icon Comprehensive M'sian port plan seen needed
      283 33 MBT KUALA LUMPUR The non-existence of a comprehensive development plan for the ports sector in Malaysia had contributed to the "higgle-dy-piggledy" growth of the sector, GNaidu and Karen De Cruz of Universiti Malaya said yesterday. They said each Malaysian port now charts its own
      MBT  -  283 words
    • Article
      Lock icon No decision yet on St Lawrence toll cut
      287 33 Reuter NEW YORK US and Canadian negotiators met but failed to reach a decision late on Tuesday on a 10 per cent toll reduction for commercial vessels that transport cargo through the St Lawrence Seaway. "This (toll reduction) is the first step
      Reuter  -  287 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1058 33 Page Col ABC Containerline 16 1 Able Shpg 12 4/5 Accord Group 8 1-3 Ahlers Line 13 3 Ahrenkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 5 ASCL 5 5 Astro
      1,058 words
    • Article
      Lock icon Efficient support services needed for M'sian shipping: Misc
      316 33 Bernama KUALA LUMPUR Efforts will continuously be needed to ensure that efficient ancillary support services to the shipping industry keep pace with developments in trade and maintain a competitive edge over other countries in the region. Malaysian International Shipping Corporation (Misc) deputy
      Bernama  -  316 words
    • Article
      Lock icon Boelwerf declared bankrupt
      99 33 Reuter BRUSSELS Boelwerf Vlaanderen NV, Belgium's last major shipyard, was declared bankrupt on Wednesday, a court official said. Boelwerf, which has a workforce of 1,100, is majority owned by Dutch engineering group Koninldijke Begemann NV. "The court has taken the initiative to declare (Boelwerf) bankrupt," the official
      Reuter  -  99 words
    • Article
      DAILY FREIGHTS
      1724 34 THE Baltic Freight Index reached another new high Wednesday rising 13 points to 1,932 in buoyant trading, brokers said. Speaking Wednesday, Philippe Van Den Abeele of Clarkson WoltY said the rising freight rates have attracted interest in the past few from some grain houses and other cargo movers
      1,724 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        503 35 teni Voy Ho B«rth km* Doparhrt; Vntri Voy Wo B«tti Mmt Ptparhrt Jot oat Port B*ar Speed! ****** P01A 02 12/0/00 02 12.0900 Asan Venture 10/94 17 atoinde 0212/1500 Balam Speed4 ****** P01A 01 12/2030 01 12/2330 hhm 12/01/94 II *x«ade 02 12/2300 Mam Speed4 ****** P01A
        503 words
      • Article
        CONTAINER SCHEDULES
        1282 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO TttCEMNC OF EXPORT Fa CONTAINERS AND LCL CARGO Record Booking Balance Rstts Voy No Etb/Btr Period From To From 9Qk, 0596 02; zm 1A 01/1500 01/1(59 0I/, 22S IB 01/1500 01/1(59 01/1*0 3 02/0/00 02/1150 02/1400 VWUMe 21«B 03/2359 4
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    • Article
      THE SHIPPING GUIDE
      14404 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
      14,404 words
    • Article, Illustration
      Lock icon McCorkell forms shipowning subsidiary
      802 51 A significant increase in the demand for grain and feed imports has led McCorkell Holdings to diversify Lloyd's List MCCORKELL Holdings, which was formed in 1987 by John McCorkell with the backing of several private shareholders, has seen the benefit of a significant increase in demand
      Lloyd's List  -  802 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        SilkAir picks two Fokker 70 planes for its new routes
        325 52  -  By Alec Almazan SINGAPORE Regional carrier Silk Air has decided on the Fokker 70 aircraft for its new routes. Two planes will be leased from Fokker and operated by Silk Air crew. A lease contract with an option to buy
        325 words
      • Article, Illustration
        Lock icon Booming demand raises air cargo rates out of UK
        461 52 Reuter LONDON A fierce battle for cargo space on flights out of the UK is now underway, driving rates on major routes increasingly higher as airlines and forwarders struggle to satisfy shippers' demands, cargo sources said on Wednesday. "In terms of
        Reuter  -  461 words
      • Article
        Lock icon US FAA to appoint watchdog to track safety problems
        458 52 Bloomberg Business News WASHINGTON As part of a broad reorganisation, the US Federal Aviation Administration will appoint a high-level watchdog to keep an eye on emerging airline safety problems, the agency said on Wednesday. It says the move has been in
        Bloomberg Business News  -  458 words
      • Article
        Lock icon Airline price fixing rife, says British regulator in report
        425 52 Reuter LONDON Air travel is plagued by price fixing with real competition hobbled by governments at the expense of passengers, Britain's Civil Aviation Authority said on Wednesday. "Airline interests often come before those of air passengers," the CAA said in a
        Reuter  -  425 words
      • Article
        Lock icon Mazda, Ford unveil small car tie-up in Europe
        187 52 AFP TOKYO Japan's Mazda Motor Corp on Wednesday announced a new business tie-up with Ford Motor Co of the US to jointly tap the European small car market. Under an agreement reached with Ford, its largest shareholder, Mazda will sell small cars
        AFP  -  187 words
      • LOG BOOK
        • Article
          Lock icon Vasco to begin flights to S'pore
          122 52 AFP HANOI Vietnam's Vasco airline is to begin (lights shortly to Singapore from Vung Tau, a southern tourist resort and centre for the country's growing offshore oil industry, a report said yesterday. The twice-weekly service by Vietnam Air Services Co (Vasco) is to begin
          AFP  -  122 words
        • Article
          Lock icon Audi to take stake in VW's China tie-up
          98 52 Bloomberg Business News INGOLSTADT, Germany Audi AG, a subsidiary of Volkswagen AG, on Wednesday said it will take a stake in a joint-venture company owned by Volkswagen and Chinese state carmaker First Automobile Works. In a statement, Audi said it has decided
          Bloomberg Business News  -  98 words
        • Article
          Lock icon American Airlines to expand service
          54 52 Reuter DALLAS AMR Corp's American Airlines on Wednesday said it will expand its service into Latin America in the spring by offering daily non-stop flights between Dallas-Fort Worth and Sao Paulo, Brazil, beginning on April 2. American currently has flights to Mexico and certain destinations
          Reuter  -  54 words
        • Article
          Lock icon Qantas jet makes emergency landing
          92 52 AP SYDNEY Qantas yesterday denied there was an engine fire or smoke inside the cabin of a plane that made an emergency landing at Adelaide airport overnight. No one was hurt in the incident. A Qantas Boeing 767 carrying 189 passengers had made a diversion
          AP  -  92 words
        • Article
          Lock icon GM may ask court for pickup decision
          64 52 Bloomberg Business News WASHINGTON General Motors Corp on Wednesday said it may ask a federal court in Detroit to decide, in an expedited proceeding, whether the full-size pickups GM made between 1973 and 1987 pose an unreasonable safety risk. If requested, this summary
          Bloomberg Business News  -  64 words
      • Article
        Lock icon TWA omits US$23m in aircraft lease payments during talks
        218 52 Bloomberg Business News ST LOUIS Trans World Airlines Inc did not pay US$23.l million (5533.9 million) in aircraft financing and lease obligations in October and the first half of November as it negotiated lease payment deferrals. The airline "omitted" payments to
        Bloomberg Business News  -  218 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1440 52 CKy FW CTA fl» ETC Hm PfcaM GA976 2355 fcMaida »QF81 1930 QF82 2050 SQ227 2230 Aantanlan KL837 1540 KL844 0115 SQ323 1710 GA970 2310 1 KL838 2335 SQ26 2355 todwrigi SQ7995 1820 *th«m SQ348 2250 Auckland NZ73 1550 SQ285 2045 SQ288 2035 SQ7296 2105 BA12
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      48 33 CfESSIK BACK IN TOWN! "INTER", The World Renowned Container Fitting Lashing Together With "INTERMARINE SUPPLY". A Combination Of Expertise Providing Quality, Reliability, Prompt Effecient Services To The Shipping Industry. Exclusive Agent /Distributor: Mlntermarine Supply Co (Pte) Ltd No. 7 Bukit Balok SI 22. *****. Tel: *****88 Fax: *****11
      48 words
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      26 33 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National WmjjpJ) Shipping Association. For advertising enquiries, contact Shipping rimes. Tel 740-2089/740-2090
      26 words
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      Page 33 Advertisements Column 3
      60 33 THE FAMOUS A>° n 'o t KMKMk/ mm uvjm ■EaMl 224 1833 For more information please refer to Pg. 13 McCorkell forms shipowning subsidiary, Pg 19 Silk Air picks two Fokker 70 planes for its new routes, Pg 20 HIGH STAKES Don't get shortchanged, go for a coverage you can
      60 words
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      2132 34 IMPORT.... IMPORT.... I NORTH AMIRICA! I ohm hmtmatkmh I I WOME pffpct CAU TO ycyr QQAfT (»CX) TO EAT COAST SOUTH AMBBQA ttWVICt tWOAPOWt CAUFOWEA IXFWW (PWMBCT FROM WltT COMET) 1 mm ww store u oak *a> sea ml mm ooc W mm art mm store bunos mis mortemio mo
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      1499 35 I OOCL (81 PTE LTD JARDINE SHIPPING AGENCIES J ADO INC SHIPPING AGENCIES SON. BHD. 200 CANTONMENT ROAD, #12-05 SOUTH POINT, SINGAPORE 0208 JAVA lit" 2^ 7 7776 ct? Sic^ 5342 FS: 03 *****42 CR NUMBER: **********0 C > DOCUMENTATION TEL *****55 (INWARD>/*****90 (OUTWARD) IfJ- /r»o u CUSTOMER SERVICE TEL:
      1,499 words
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      561 35 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUOTMUA (tAtT OMITt i FBOMAUSTRALIA (EAST COA»*fr «tSSI VOT «T r*7 S9 MC JYO MU M HOi *SStL WY Ml HO KB 9M MM KT MP MB (L MM MS (1/12 44/11 46/12 21/12 M/ 12 27/U M/ 12 IIMUI M/U 12/11 17/11 24/11
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      1449 36 AQABA ROAM/ [1 VESSEL VOY NO SPORE JEDOAH (VIA JEO) S'TON H'BURG A WERP HAVRE OANUBE 18/147 30/11 17/12 18/12 20/12 LEVERKUSEN EXPRESS 21/347 3/12 12/12 19/12 21/12 23/12 27/12 38/12 KAMAKURA 37/148 9/12 27/12 28/12 30/12 KATSURAGI 24/348 10/12 19/12 26/12 28/12 30/12 3/1 THAMES ***** 14/12 31/12 3/1
      1,449 words
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      Page 36 Advertisements Column 2
      509 36 Ik IS'pore P.Kelang Loading for V BALABAN 1 30/11 3/12 Rdm/Atw/UK/Nantes I 'Loads E./W. Malaysia. Indonesia I I Loading for PAN RISER Dubai/Bahratn/Damman/Kuwait I SAOANK ALKAVAN Jeddah/Aqaba 'Loads Singapore. E./W. Malaysia. Indonesia I Loading for STAR MAN Los Angeles/New Orleans/ I Charleston/NorfolK/Camden PAN QUEEN Los Angeles/New Orleans/ H Charleston/Norfolk/Camden •Loads
      509 words
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      Page 36 Advertisements Column 3
      1227 36 NORASTAI SEA ENDEAVOUR 440W 00/12 jg/l 2 2j/| 2 27/12 28/12 20/12 31/12 I 10/12 n/l2 05/01 03/01 04/01 02/01 03/01 03/01 84/81 f ntl• 14/12 03/01 °7/oi 07/ei o«/oi 09/01 10/01 12/01 12/01 L 1100— MAM »450 3 21/12 10/01 13/01 14/01 14/01 15/01 14/01 17/01 10/01 10/01 i
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      1665 37 Kt STRAITS SHIPPING PTE LTD JHW 10 Mm Chiang Road #11-01 Koppol Towers Slwgaporo 0200 Tol: ***** M Fax: *****17 cino" QUI SAK.S STKAiTS KNTIME ¥29E Moil, tab. KK M PORT 03 0k FCL. LCL CONTAINER AND MAXMJU UMVKt TO PAMUA MTW OUMKA C) WU 111 30 «1« Muara, U*.
      1,665 words
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      Page 37 Advertisements Column 2
      1701 37 m«%A /V T Singapore Agent: AffTjl flOfC P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Road. #07-01 keppcl Towers, Singapore 0208 First Class Connections WORLDWIDE I^. 2 PN<X^P F 225 5327,222 75,7 VOY fM -Kt MM SOU A*T ROT MAM OOT «M LSM VESSEL VOY ANT OOT ROT HAM
      1,701 words
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      Page 37 Advertisements Column 3
      275 37 (jt FAMOUS CONTAINER LINES 80 ROBINSON ROAD. #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 05/12 ROTTERDAM 03/12 AARHUS/COPENHAGEN 05/12 HAMBURG/BREMEN 07/12 MARSEILLE/FRANCE 06/12 FELIXSTOHE/UK 05/12 BARCELONA/SPAIN 09/12 LEHAVRE/FRANCE 06/12 GENOA/ITALY 03/12 ANTWERP/BELGIUM 05/12 LOS ANGELES/WC/PI 03/12 SYDNEY/MELBOURNE 04/12 NEW YORK/EC 03/12 FREMANTLE/ADELADE 03/12 VANCOUVER 07/12 BRISBANE 04/12 TORONTO/MONTREAL
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      571 38 JOINT VENTURE WV SAMUOERA INDONESIA SIR RICKMERS W««» SINGAPORE CHINA MSA SEPU.UH VOY 2MB IS OR SHANGHAI GREEN ERA VOY 3NB 2S DEC QMGDAO PASA SOUUH VOY 3NB 12 lAW XXGAN6 INDUCEMENT CALL P.KELANG IfCOCEMENT CALL M. P GUOANG, BELAWAN, TG MAN XIAMEN. 2HANGJIGANG 0 UTAMA HARTA t WEEKLY FULL
      571 words
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      Page 38 Advertisements Column 2
      1057 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71 275 ss rj^sf-rs* MMM flttUUßo2* 16/2 oSfCT S/l 6/1 7/1 HMUN BUUN 1491 10/12 It KEEL IMS 051£ 12/1 IVI IS/1 HMUM VANCOUVER 01X 22/12 OKCI 12/1 13/1 14/1 HJJUJ J"""""®* M SoSTom 1 11/1 3/1
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      Page 38 Advertisements Column 3
      1256 38 I PM w IX U( HI m OB KI JK Tto HI w nc UK «K n w m n xr I I COME K4U 1/12 7/U 11/12 14/U 14/12 11/1J »/U 21/12 22/12 21/12 24/12 4/1 17/1 IJ/1 21/1 M/l 31/1 1/2 2/2 1/2 11/2 21/2 27/2 1/3 I
      1,256 words
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      2388 39 fSßfiff'WSS" 1 .srsr-* 4;! MS N* Tmmr 2 L/C* CCSU tOHOftt Of net: Fmc *****15 ftt 2241—4 IfcWW I UN osr WO; IUMIMM X COSTAM AMNCICS m SON BHD. I r«t WjMIMMg f« 07-.MJ0170 CJXHDTKI FiS HTC OM OS MOO/lOWI MP |MK MMI DM QM MM (HI:WH UK Ml CM
      2,388 words
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      Page 39 Advertisements Column 2
      836 39 I a I MULTILINE SHIPPING PTE LTD ■V (a member of SJNSOV Group) CR NO: **********0 C ENQUWIES: *****33 BOOKMGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: WWARO *****65 OUTWARO *****2S T/S *****46 FESCO: BOOKMGS *****99/*****01 DOC *****07 MARINE MSURANCE: *****87 INVENTORY: *****59 AGENTS:
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      1201 40 vessel voy sin jkt 1 'vessel ~voy sin pen Hi fj ISBA BHUM 778 Fri In Pt~ Wad 7/12 OEJA BHUM 4SS3 Fri lln Ft" 3/12" KH I VESSEL VOY MM BKK j BHATRA BHUM SSS St 3/12 Tin t/12 O EJA BHUM «—5 Mon S/12 Wad 7/12 BBInANTABHUM 222N
      1,201 words
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      Page 40 Advertisements Column 2
      1196 40 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0NK j straits shuttle service PORT KLANG PENANQ J VESSEL VQY UN Ml VESSEL VOY SB PEW ttfKASA 7m 29/11 (HIE) 30/11 <«*0) StALAURIL 341N 30/11 (WtD) 02/12 (FN) 0 MCC CONVfYOR «M 8 29/11 <IW) 01/12 (THU) MCC
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      903 41 faaagflff PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil street> 03 P,L Building, Singapore 0106. I (l VESSEL VOY SIN BKK SIN VESSEL VOY SIN jTr SIN If: SMMAN6E (THAI FLAG) SRMO6S 6/12 9/12 13/12 KOTA INDAH 1DM045 4/12 7/12 11/12 II- SRISAMUT (THAI FLAG) SRSOSS 7/12 10/12 14/12 KOTA
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      925 41 VtSStIS WY HAMBURG [HAMES HOTTEEDAM AHIWmf WLLt M SA6ITIA 506W M/ 12 *«/12 25/1? 31/1? Qi/oi Q3/01 WUE P' *Q<*« »0*" IJ 05/01 07/61 M/ 01 10/01 VtlE O'HYDRA H—W 20/12 11/01 13/01 15/01 16/01 17/01 MLLC IK ITHA "X" W/01 22/01 23/01 24/01 •AISO ACCEPTORS CARGO 10 All UK
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      583 41 BSAI, Ml MYANMA %BBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gd» HP* AN V2O6W 06/10 Dec PAGAN V2ISW 01/10 Dec 13/15 Dec AVA VI3IW 10/12 Oec 13/18 Dec MALAYSIA AGENTS BOUSTEAD SHPPWG AGENCCS KUI TU 02 03 *****00 PKL. TEL 02 03 3M6767
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      1994 44 TO EUROPE feeder |m I rtN 1 norm «l store itH him ham brh ht kl m store hug fusan robe shmw ngo tow ree hum BSC DOM 4189/4609 ~jtTt~ 2111 HP ASM 2424 30 11 17 1? 11.12 111? 2112 22.12 AORttCAh 1454 0212 031? Qt 12 ~09 12
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      Page 44 Advertisements Column 2
      1190 44 FOR BOOKING 1800-*****00 (TOLL-FREE) oUT oo <o m WW IQH SW HAG KAO TAI «f KO6 OS* MOi BUS stA mwG£» wo« ?8 n nm oi 01/12 ot»'i? 061? Os/i? 10/1? t/s »u mo 13/12 14/12 is/12 17/12 m nll *> 02/1? 03 03/12 08 12 10/12 12/12 13/12 19/12
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      470 45 WTT* w container LINES, IWC <a|KS/\'V-|As«ol*: MAC-NELS SPORE: *****22 (24 LINES) v ßlSkikok (ee2) 7 J3M657 tiLTwlffalSM? I ASIA HKG/TWN/BKKI GENOfI/EUROPE I PEN PHI SIN 5 SAILINGS/WEEK PEN PK SIN 2/12 3/12 4/12 HKG/BKK/KEE/KHH Genoa/Barcetona/Marseies 1/12 2/12 3/12 6/12 7/12 8/12 HKG/BKK/KEE/KHH Gburf/C'hafen/Sholm/Oslo 4/12 5/12 6/12 I 9/12 10/12 11/12
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      Page 45 Advertisements Column 2
      312 45 II VESSEL VOYUN MAA SIN I I TIGER ISL AND 123N 03-04/12 09 16/12 21 22/12 I ESTEBRUGGf 201N 05-06/12 11 17/12 22 23/12 1 I TIGER CAPE 01 IN 09 10/12 14 21/12 26 27/12 1 I CAPE HERMES 202N 09 10/12 15 22/12 27 28/12 I TIGER BRIDGE
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      Page 45 Advertisements Column 3
      344 45 TH DONGNAMA LINE WHffA—MB MWWlliiinMM>/l<llli •HI (MB) MP K ID fNC HC KM Tltsw MIK lill 11/12 77/U «/U UMNC lUOU Ml* 10/12 n/U 22/12 21,12 «2/tl OVOI KDOM Ml* 2V12 27/12 21/12 «/«l 12/(1 mm mi« u/ti ovoi M/oi w n li/ti li/n l '.JH JJ 1 .'P t.Hll
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      Page 45 Advertisements Column 4
      363 45 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E ACCEPTING FCL AND CONVENTIOWAL Vmnl Voy I KTA Loading For *nnf« •pwi Natsanat 37W8 16/02 Mombaaa. Djibouti I Aaaab. Mumwi Abbay Won 43W8 28/03 Mombaaa. Djibouti I lAaaato. Maaaawa
      363 words
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      1586 46 pacßssasiza RESUMED ACCEPTANCE TO HAITI MARIT MAERSK V.9502 j ETA SIN 6TH DECEMBER 1994 I VMM) Voy ETA ETO DESTINATIONS Nut <Mt> MARIT MAERSK V >502 06/12 oaoo hrs HHH CFS OS/12 2350 HRS OAK LOB SFO MEM ATL MIA CHS BAL PHI NYC TOR MARIT MAERSK 9502 06/12 07/12
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      Page 46 Advertisements Column 2
      611 46 AFGHANISTAN MAM Afghanistan Ltd., Halratan, Torghundi. isJamqala (Doqhaam) C.1.5./RUSSIA: YMtocfcny, VMhmlok, Moccow, Baku, Tashkent, Irkutsk, Alma Ata, Aahgabad, Dushanbe, Kit* N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE "%§ssssa?ssgr to VESSEL SIN OKR Vllle De Sagita V.SO6W 06/12 05/01 Vllle De Aquilla V.AO6W 13/12 12/01 Vllle
      611 words
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      Page 46 Advertisements Column 3
      1120 46 Igc SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEBT CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****38 (3 HUNTING LINES) TLX; R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA ■MllJidiilta— 5 SLGS/WEEK HllsMilA'll 3 SLGS/WEEK VESSEL VOV SIN JAK VESSEL VQY SIN BUR 1 BANGLAR SHIKHA 913 03/12 (SAT) 06/12
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      691 47 WgV 1 EVERETT ORIENT LINE" J JW(W/BAr OF KNGAL/JWAN SERVICE iml.j I KCtriMG BKMBU.K/ SOC CAAGOIS TO/FROM KOBE. YOKOHAMA. NAGOTA, MM, TOKYO*. MUMA*. DA*AO* Pwunc* P. Kiiani Smpport E'Msia* KJWABEVERETT V2OE 2«/MOK .r. KAMALEVERETT V24C 13/14 Jan KARABEVERETT V2IE 21/22 Ftb I I ACCEPTM6 BKAKBUK/fCI/SOC CARGOES TO/FROM CMTTAGONG. CALCUTTA AMD
      691 words
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      Page 47 Advertisements Column 2
      216 47 Pt GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 4/12 11/12 GLORY SELATAN VIII 25/11 27/11 2S/11 SP KOMPONG SOM GLORY SELATAN X 1/12 4/12 SINGAPORE ASEAN TO TAIWAN ft CHINA
      216 words
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      Page 47 Advertisements Column 3
      577 47 PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE SW KARACHI SARGOOHA U»HW 13/12 23/1? BOLAN 144 HW M/ 12 04/01 HAKRAN IS3-HW 30/12 M/ 01 ISLAMABAD 130 HN 08 01 U/01 nn cut on nan mmct io mkhui FAR EAST CONTAINER SERVICE ONLY ttssci. *OT law Imc Ibsn qsa
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      Page 47 Advertisements Column 4
      672 47 llUUlSllllliiiiiß a— FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSCL VOV ETA SIN ETA MAA MV PCSTOVOV Oe OS-OS/ 12 10-11/12 MV SEA DRAGON V DRGO3S 09-10/12 14-18/12 MV PRAVCMNSM V.IO 13-14/12 19-20/12 MV BUNGA TERATAI V. TERO23 IS-16/12 21-22/12 MV PESTOVO VOT 23-24/12 2S-29/12 MV SEA DRAGON V OWCO3
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      Page 47 Advertisements Column 5
      282 47 SjN FAR EAST 6/12 KEELUNG/KAOHSIUNG 4/12 BANGKOK 4/12 MANILA/CEBU 4/12 JAKARTA/BELAWAN/SURABAYA 5/12 PORT KELANG/PENANG/E. MALAYSIA 4/12 BUSAN 4/12 TOKYO/YOKO/KOBE/NGO/OSA 5/12 HONG KONG SjN CHINA (+aft±**a) 5/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo S|N EUROPE/UK 4/12 LDN/FLX/LVP/SOU 4/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary Romania Poland Bulgaria Czech.
      282 words
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  • Page 48 Advertisements
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      Page 48 Advertisements Column 1
      1043 48 l MaaonwilJp GP SHIPPING PTE LTD I Call: Kenny/Mas/Peter m SVf FROfl KKLB SYD AUCX im mmXL 317 r7/li 61/12 M/ 12 11/12 IS/1* 11/12 MMfim iim ***** M/ 12 nm ovti C. MMUK m 27/12 M/ 12 1«/(1 IJ/M 12/ M M/*l wnom m ism mm »/«i a*/u via
      1,043 words
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      Page 48 Advertisements Column 2
      518 48 y Contemn CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 3 DECEMBER (Accepting to aM Now Zwliiid ports) PCNAM 2 KC JAKARTA 3 KC PORT KLAMG 8 DEC BAN6KOK 4 KC MANILA 2 KC MELBOURNE 4 KC STDNET 4 KC ■MSBANE 4 KC FKMANTLE S KC AKLABE 2 KC TMO TO ALL
      518 words
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      Page 48 Advertisements Column 3
      916 48 CONSOLIDATION TO LIMASSOL ,J ACCEPTING LCL CARGO AT "I'S" ATTRACTIVE RATES Transhipment available to Beirut, Lattakia via Limassol •p Call Te at DID: 770 5011 (®|Hj for bookings NOW!!! Tel: Fax: MTERNATUNAL SEA FREIGHT A Singapore 778 6522 *****38/*****36 FORWMWNG nil Also has offices in:- AW, LOGBTKS services VUKLf MALAYSIA
      916 words
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  • Page 49 Advertisements
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      Page 49 Advertisements Column 1
      1370 49 SEAMA^RGENTIN/^lN^^^^^ CONTAINERISED "HUB" SERVICE I DIRECT TO ARGENTINA/BRAZIL URUGUAY V nun wa |?;«i I <nMfcf' w I I I I ——»i i ii 1... i i .i i i I^—— I I i n i ALEXANDER SCHULTE 005E SAILED 04/01 0«/01 11/01 I 13/01 11/01 I 12/02 BIROIT NABER 003E
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      Page 49 Advertisements Column 2
      398 49 /JSv CEYLON SHIPPING CORPN Nagf) National Line of Sri Lanka CONTAINERISED SERVICE TO UK AND NORTH CONTINENTAL PORTS ■■MM HGWBUWt »447 4/» i/K 27/1? «/l? N/1* mi k moiia mm i/i? ii/u wu zt/u 3i/n i/» v» omww «4W >/H 14/12 1/1 «/> v *1£ KgM W» *11/11 11/u VI
      398 words
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      Page 49 Advertisements Column 3
      729 49 U 'NEPTUNE AMAZONITE X2W ETA SGP 03/12/94 I ETA RDM 19/12/94 FLX 20/12/94, I B BRE 22/12/94, LEH 24/12/94 I EXPORT SINfIAPONt CAUTOItNIA tXPRtft (»CX) TOi U%Wt 6ANAP» 1 vttWl M> I LOS OAK VAN SfT NOW MPW FIB TOR HON CAUFOWNU LUNA 70 07/12 I 24/1? 26/12 26/12 2»/12
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  • Page 50 Advertisements
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      Page 50 Advertisements Column 1
      1501 50 AMERICAN PRESIDENT LINES, LTD. 19 KtPPtL ROAD »Q2-Q1 HT PO* BUIICHNC SINGAPOWt 0208 TEL 225-9966 Fan 221-4922 ALSO OFFERING SERVICE TO/FROM *PRC 'CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY m NOimt AMERICA CANADA WIBKLY CONTAINERIZED OIRVICS luna/wrug |kmlnal wn I »i mntL/WT*g
      1,501 words
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      Page 50 Advertisements Column 2
      526 50 JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. "W^SINGAPORE# f I 1 Business Times W* WO» 4M4 44 m 94 AS AGENTS: "K" LINE (StNGAPOHE) PTI LTD (CI»»: **********0M/6ST ND; M2-M*****-C) TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****16/7/8/9 ■A W W MALAYSIA: T LINE MARITIME (MALAYSIA)
      526 words
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      Page 50 Advertisements Column 3
      33 50 ——w—mm—ammMmmmmmm—mmammm—m Cfs|||gr PORT SHOTS 1 u The ,atest in sea a r and land trans P° rtation Shipping Times Monday to Friday. 5 k r "T^ ~NOA < r I i 1 Businesslimes WtKMJWAJU
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  • Page 50 Miscellaneous
    • Miscellaneous
      Page 50 Miscellaneous Column 1
      422 50 TODAY'S TIDES (height in metres) HO* 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 2300 2.4 2.0 1.5 1.2 1.0 1.0 1.3 l.« 2.5 3.1 3.3 3.1 2.7 2.1 1.5 0.9 0.5 03 0.4 0.7
      422 words
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  • Page 51 Advertisements
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      Page 51 Advertisements Column 1
      424 51 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [rm fni pgd vessels vor s* rtm ant lem ham brej fS I »7n (K/II 03/ir H. EXPLORER 314R ***** *****
      424 words
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      Page 51 Advertisements Column 2
      359 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS HE SSL NT? II KUC KK MM 1(1 EASTERN PEM 35 SID 4/12 FN EAJI EXPRESS 4 3/12 4/12 OKANQ MOON SI 11/12 13/12 (BKK) KEBMM 12/12 13/12 14/12 17/12 COSMC UMO 41 12/12 14/12 TU« AUTO 77 11/12
      359 words
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      Page 51 Advertisements Column 3
      593 51 JEDDAH/UK/CONTNENT I STORE lID S TON HIK ADAM L£H Ahc Acceptor Cjrf* Far LE*EAXUSEN 21/347 3/12 12/12 21/12 23/12 27/12 20/12 SwtUM|i«an to jl U* dntoutm Bcßnt and (MM KARMKURA 37/141 1/12 24/12 27/12 29/12 Rotted* I* d Mn» IW*4m o*. HM KATSURAGI 24/341 10/12 10/12 21/12 31/12 3/1 SMftmpton
      593 words
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