The Business Times, 7 December 1994

Microfilm: NL19753
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    15 1 Business Times M ITA(P) 010/12/93 Wednesday December 7 1994 M li KNOW ASIA 75 C
    15 words
  • 2am LATEST
    • Article
      Lock icon Dow up 0.33 point
      62 1 Reuter NEW YORK Wall Street stocks were mixed at midday yesterday as the negative effects of news concerning Fidelity Magellan Fund was short-lived. At 11am EST, trading volume was about 84.8 million shares, compared with 78.07 million in the same period on Monday. At about lpm
      Reuter  -  62 words
    • Article
      Lock icon Dow may dip before bull run, says Merrill
      35 1 Reuter NEW YORK The Dow Jones Industrial Average could fall to 3,400-3,500 before starting a bull market run in 1995, said Richard McCabe of Merrill Lynch. Reuter
      Reuter  -  35 words
  • Article
    MARKET SUMMARY
    166 1 Stock market indices Tuesday Change STII 2,187.07 +1.50 KLSEComp 953.68 -10.20 Nikkei 19,340.47 +34.81 Hang Seng 8,332.65 +30.12 SET Index 1,342.59 +4.48 Jakarta Comp 466.39 -4.19 CLSA China B 963.56 -4.04 Aust All Ord 1,891.2 -6.3 FTSE 100 3.016.1 -17.4 Tuesday Previous 1 pm EST close Dow Jones
    166 words
  • Article
    M$1.7b KL airport deal goes to Japanese-dominated group
    367 1  -  Disappointment in share market expected From Ho Kay Tat in KUALA LUMPUR MALAYSIA yesterdav awarded a MS 1.74 billion (SSI billion) contract to build the main terminal of its MS9 billion international airport to a consortium of mainly Japanese firms. The stock
    367 words
  • Article, Illustration
    Steep fall in stock market is no cause for alarm: Anwar
    596 1  -  From Ho Kay Tat in KUALA LUMPUR DEPUTY Prime Minister Anwar Ibrahim said yesterday the steep fall in the Malaysian stock market was not something to be alarmed about and the government would not be pressed into taking any
    596 words
  • Article, Illustration
    Lock icon Prices firmer on most regional bourses
    190 1  -  By R Sivanithy SINGAPORL rhe stock market here closed generally weaker yesterday, even as the region s other major markets managed slight gains. The Straits Times Industrials Index, which rose 11 points in the morning session, was later dragged lower by souring sentiment in
    Source: Bloomberg  -  190 words
  • Article
    Lock icon Bentsen quits, Rubin named as next Treasury Secretary
    453 1 Bloomberg Business News WASHINGTON US Treasury Secretary Lloyd Bentsen. one of the most trusted members of President Clinton's cabinet. tendered his resignation yesterday and Mr Clinton named White House economic adviser Robert Kubin to succeed him. Mr Bcntscn's resignation will take effect
    Bloomberg Business News  -  453 words
  • Article
    US callback operator seeks Asian telecoms partner
    586 1  -  By Genevieve Cua SINCiAI'ORL Callback operator I SA Cilobal Link is seeking an alliance vv ith an Asian telecommunications carrier that would enable it to offer cheap long-distance telephone services routed through a country in \sia instead of the United States. lor the
    586 words
  • Article
    Committee formed to discourage double-transfers of COEs
    285 1  -  By Ramesh Divyanathan SINGAPORL A committee I to discourage double-transfers j of COLs has been formed by MP Heng Chiang Mcng. rhe group said yesterday its terms of reference were to propose measures to discourage double-transfers and formulate criteria for assessing the effectiveness
    285 words
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      217 1 J^^^^^tteringSystems CONTENTS News Singapore !9 S pore News 2 Malaysia 20 Regional News 3.4.5 Financial 23.24 World News 6.8 Features Markets Analysis 1/ Ctob KLSE. SES 28 30 Editorial 16 Regional 26 Stmts lb World 26 TV Lifestyle 13 Currencies 23 Companies Sine* Com™ 24 Subscription Tel 1800 7492b/7 Fax
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      29 1 Regional Analysis: Pg n Australia and NZ as rivals S'pore's role as regional gold trading centre being challenged, Fg 2 Chinese chamber president returned in council election, Pg 2
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      17 1 Hock Lock Siew: Pg 19 teA Did Sino Land pay too tn&h? Regional market reports, l»U 26-30
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      117 1 Hottpm Line: Pg is TAgYong road to LU integration Dauphin "Sitzkultur". A company's strength lies in the Backbone of its staff. With the Dauphin CL 7980 for \our corporate image, but also the tall and not-so-tall people, attitudes of all those who use it. you can strengthen the backbone FOR
      117 words
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      8 1 Making you a complete golfer is our commitment.
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Market lull a picnic for bears
        311 2  -  By Abdul Hadhi CONSLNSUS appears to have taken root among analysts and observers that the bull run in the residential property market has slowed to low gear. Among the growing number of bears in the market is the research arm of Standard Chartered Securities,
        Source: URA  -  311 words
    • Article, Illustration
      Lock icon S'pore's role as regional gold trading centre being challenged
      485 2 Reuter SINGAPORI "s tr.iditional role as a regional gold distributing eentre faces a challenge as neighbouring countries nunc to free their gold markets, industry officials and gold traders said. Malaysia and Indonesia, notably, removed some restrictions on gold imports while others
      Reuter  -  485 words
    • Article
      Semiconductor firms eye Asia for growth
      390 2  -  Most put Japan. South Korea at top of list for expansion By Claire Leow A SURVEY of 22 semiconductor equipment and materials companies shows the majority will expand in Asia, specifically in the Pacific Rim. Japan and South Korea. The 22 Semiconductor Equipment and
      390 words
    • Article, Illustration
      Aussie state to launch A$5m blitz to draw more Asian tourists
      376 2  -  By A J Leow THE Australian state of New South Wales (NSW) will launch a ASS million (55.6 million) marketing campaign to woo more Asian visitors to the state. "It is the first time any Australian state has undertaken
      376 words
    • Article
      New Chinese chamber polling system sees 15 returned under Stage 1
      278 2 FIITLLN members from the present 47th council of the Chinese chamber, including president Kwek l.eng Joo. have been re-elected under stage one of a new election system not based on clan lines. Hie 15 who were re-elected on Monday
      278 words
    • Article
      Datacraft Asia to invest another $40m in S'pore
      237 2 DATA communications systems integrator Datacraft Asia will invest another $40 million in Singapore as a base for its expansion into the region. Singapore is the company's Operational Headquarters (OHQ). Datacraft Asia managing director and chief executive officer Des Althorp said: "We have
      237 words
    • Article
      PM Goh to speak at conference on India reforms
      227 2 PRIME Minister Goh Chok long is to deliver a keynote address at a Partnership Summit organised by the Confederation of Indian Industry (CII) in Calcutta on Jan 4-6. next year. CII celebrates its centenary year in 1995 and has organised the
      227 words
    • Article
      Sudden altitude loss of Dhaka-bound flight linked to autopilot system, says SIA
      280 2 THE sudden loss of altitude of a Singapore Airlines aircraft bound for Dhaka last month was caused by the disengagement of an autopilot system on board, the airline said yesterday. Initial reports of the incident involving the Airbus
      280 words
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      117 2 Protect Your Computer Investment. Buv An Epson. EPSON Titan Automatic Designer Ferdinand A. Porsche Manufactured by IWC Schaffhausen Automatic movement. Case in titanium or titanium with 18ct.gold bezel. Sapphire glass. Screw-in crown. Water-resistant to 60 m PORSCHE DESIGN by IWC 'rnmm mmJ o o PORSCHE DESIGN OUTLETS: As<a Watch Centre
      117 words
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  • SOUTH-EAST ASIA
    • Article
      Manila withdraws permit for building of US$2b refinery
      489 3  -  From Al Labita in MANILA THE government has withdrawn its permit for a Filipi-no-Indonesian consortium to put up a USS2.2 billion (553.3 billion) oil refinery, an official said yesterday. Energy Industry Administration Bureau (EIAI3) director Neptali Franco said the move was in
      489 words
    • Article, Illustration
      Ramos approves Proton assembly deal
      381 3  -  From Al Labita in MANILA PRESIDENT Fidel Ramos yesterday approved the assembly of Malaysia's Proton Saga and Wira cars in the Philippines, a day before Malaysian Deputy Prime Minister Anwar Ibrahim arrives for a three-day visit. The move, which could test Japan's dominance in the
      381 words
    • Article
      Lock icon Setback for Chuan as minister quits over land scheme
      348 3 AFP B.\N(ikOK I hai Prime Minister Chuan l.eckpai yesterday suffered a setback when Deputy Minister of Agriculture Suthep I hucksuban resigned rather than faced a no-confi-dence motion next week over a land scandal. Mr Suthep. a member of Mr Clntan's Democrats,
      AFP  -  348 words
    • NOTE BOOK
      • Article
        Lock icon Textiles are Vietnam's No 2 exports
        90 3 AP HANOI Textiles and garments have become Vietnam's sec-ond-largest export products, with total sales abroad projected to hit US$55O million (SSBO9 million) this year, a newspaper said yesterday. Crude oil will remain the country's No I foreign exchange earner, with exports for the year
        AP  -  90 words
      • Article
        Lock icon Indon offshore debt at US$93b
        101 3 AFP JAKARTA Indonesia's outstanding government and private sector offshore debt stood at US$93 billion (SSI37 billion) as of September, it was reported here yesterday. Finance Minister Mar'ie Muhamad was quoted by ///<* Jakarta Post as telling a parliamentary commission on Monday that the government owed
        AFP  -  101 words
      • Article
        Lock icon Cambodia nod for projects soon
        102 3 Reuter PHNOM PENH The Cambodian government is on the verge of approving foreign investment projects worth about USS2O million (SS29 million), the spokesman for the Cambodian Development Council (CIX'I said yesterday. CDC press office chief Dale Lawrence said the government was expected to approve the
        Reuter  -  102 words
      • Article
        Lock icon Jakarta to improve labour record
        79 3 Reuter JAKARTA Indonesia said yesterday it was determined to improve its labour record which has in recent months come under attack from the US and human rights groups. "How can we talk about productivity when the workers are hungry?" Manpower Minister Abdul Latief told parliament.
        Reuter  -  79 words
    • Article
      Lock icon Manila's hand in talks with IMF strengthened
      299 3 Reuter MANILA A slowdown in inflation in November and high third-quarter economic growth give the Philippines powerful arguments for the International. Monetary Kund to allow it to relax its monetary policy, economists said. I he government's National Statistics Office reported on Monday that
      Reuter  -  299 words
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      352 3 new range have been designed modern mind. With look good any Whether you need to cool up to four rooms all Sanyo's powerful compressor will cool you quickly and quietly, saving you money at the same time. I r. Complete with a host of intelligent features that add up to
      352 words
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  • CHINA/HONGKONG/TAIWAN
    • Article
      Lock icon Beijing warns firms to brace for power cuts in coming months: report
      342 4 AFP BLUING C hina's Power Ministry has warned enterprises to prepare for "inevitable" power cuts in coming months as generation Tails to keep pace with rapidly growing demand. Xinhua news agency reported yesterday. Power production is forecast to
      AFP  -  342 words
    • Article
      Lock icon Beijing, waiting for new crop, likely to import corn
      408 4 Reuter HONGKONG China will import corn soon, trading and official sources said yesterday, because none of the new crop has yet moved onto the market and the livestock industry is starving for feed. "The government is making the decision as we
      Reuter  -  408 words
    • Article, Illustration
      Lock icon In search of their roots
      71 4 AFP BEUING Hthnie Korean minorities huddling together in the cold as the> waited in line outside the visa office at the South Korean embassy here yesterday. About 100.000 ethnic Koreans travelled from China to South Korea over the last two years. I he number has
      AFP  -  71 words
    • Article
      Lock icon Chaos in China if inflation, income inequality problems not resolved: economist
      343 4 Reuter BLUING China must rein in inflation and solve the problem of inequitable incomes or bee chaos, a top economist warned yesterday. "If the two tigers are not captured, social chaos is inevitable." Ren Caifang. head of the urban
      Reuter  -  343 words
    • Article, Illustration
      Lock icon November office rents in HK continue downward trend
      381 4 Knight-Ridder HONGKONG Top-flight office rents in Hongkong continued a gentle downward trend in November, a trend that Vigers Hong Kong believes will continue for six months to one year. The Vigers Knight-Ridder Hong Kong Property Index, released yesterday, indicates tenants are still
      Knight-Ridder  -  381 words
    • Article
      Singapore firms advised to invest in China through holding companies
      416 4  -  By Teh Hooi Ling SINGAPORL Singapore companies should invest in China through their holding companies to minimise tax payable, said Pok Soy Yaong. director of taxes in an international public accounting firm. And if their stake in the Chinese venture
      416 words
    • Article
      Lock icon Beijing may turn to overseas markets to raise US$3b for dam project
      282 4 Bloomberg Business News HONGKONG China is considering raising US$3 billion (554.4 billion) in overseas fund markets to pay for construction of the huge Three Gorges dam on the Yangtze River, the official Xinhua news agency said. Xinhua said
      Bloomberg Business News  -  282 words
    • CHINA WATCH
      • Article
        Lock icon Guangdong attracts migrant workers
        76 4 AFP BEIJING China's booming southern Guangdong province has attracted some 12.7 million migrant labourers, putting severe pressure on local amenities. Xinhua reported yesterday. The newspaper said that while the influx had helped provide workers for Guangdong's construction boom, it had also strained transportation and disrupted the
        AFP  -  76 words
      • Article
        Lock icon HK tourist arrivals up
        102 4 AFP HONGKONG Tourist arrivals in Hongkong rose 3.4 per cent to 7.617 million people for the first 10 months of this year, thanks to a major influx from South Korea and Japan, the Hongkong Tourist Association said yesterday. Visitors from South Korea saw a 27.2 per
        AFP  -  102 words
      • Article
        Lock icon China to give McDonald's another site
        109 4 Reuter BLIJING China will give US hamburger chain McDonald's Corp an adequate site in Beijing as compensation after its largest outlet worldwide is razed to make way for a commercial complex, a senior Beijing official said yesterday. "Beijing will continue to cooperate with McDonald's."
        Reuter  -  109 words
      • Article
        Lock icon Beijing dismisses HK Legco elections
        68 4 AFP BEIJING China reacted yesterday to the Hongkong government's announcement of Legislative Council elections next year by reaffirming its intention to dissolve the body when it resumes sovereignty of the British colony in 1997. "The Hongkong British government's three-tier political structure will come to an
        AFP  -  68 words
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      209 4 No one need ever know that when you go home at 5 p.m., Prontaprint is still working away, making sure that your job is completed on time. Ring the number below and give yourself credit for choosing the world's largest international network of Business Service Centres. Business Needs Prontaprint #03-01
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  • REST OF ASIA
    • Article
      Lock icon Japan seen lagging behind US, UK in race for India market
      461 5 Reuter BOMBAY Japan is being left behind by the United States and Britain in the race to invest in India's huge market. but Japanese officials are not concerned about the trend and say the flow of money is slowly
      Reuter  -  461 words
    • Article
      Lock icon NZ inflation risks breaching official 2% limit in '95: economists
      428 5 Reuter WELLINGTON New Zealand's underlying inflation rate risks violating the governmentimposed limit of 2 per cent next year, economists and analysts said. "Most definitely it will go above 2 per cent. We are foreeasting underlying inflation to go to around
      Reuter  -  428 words
    • ASIA NOTES
      • Article
        Lock icon Ex-Korean minister gets jail sentence
        99 5 Reuter. AFP SEOUL A Seoul court yesterday sentenced former trade minister Ahn Byong Hwa to three years in jail for accepting more than L'SSI million (551.47 million) in bribes. The Seoul District Criminal Court also sentenced Dong Ah Group chairman Choi Won Suk and Park
        Reuter.; AFP  -  99 words
      • Article
        Lock icon Indian imports exceed exports
        102 5 AFP NEW DELHI Indian imports outgrew exports in the seven months to October, doubling the trade, deficit on the previous year to USSI.39 billion (SS2.O billion), a government statement published yesterday said. The exports increased by 13.92 per cent between April and October, while imports grew
        AFP  -  102 words
      • Article
        Lock icon Sri Lanka to invite foreign phone firms
        124 5 Reuter COLOMBO Sri Lanka will invite foreign telephone firms to set up private networks and plans to spend about US$59O million (SSB67 million) in the next four years to boost telecommunications. the country's minister for posts and telecommunication said yesterday. "The government has
        Reuter  -  124 words
      • Article
        Lock icon Japan to study textile imports' impact
        87 5 AP TOKYO The Japanese government plans to investigate the effects of cheap textile imports on the domestic industry, a likely precursor to setting an import quota, officials said yesterday. The decision follows a sharp increase in textile imports from China, whose market share in
        AP  -  87 words
      • Article
        Lock icon Money-laundering probe in India
        82 5 Bloomberg Business News BOMBAY The Indian Supreme Court ordered the Central Bureau of Investigation to probe a money-laundering racket allegedly involv ing senior bureaucrats and politicians, newspapers said yesterday. An investigation has proceeded slowly since four journalists and lawyers filed a complaint three years ago. Now
        Bloomberg Business News  -  82 words
    • Article, Illustration
      Lock icon Women hit when Japanese firms cut jobs
      313 5 Survey shows women-dominated clerical jobs slashed to cope with recession Reuter TOKYO Japanese firms cutting payrolls to cope with the recession have been targeting women's jobs, a Labour Ministry official said yesterday. Commenting on a survey showing the number of women in jobs
      Reuter  -  313 words
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      Page 5 Advertisements Column 1
      163 5 "Compax 1Q50", with the classic lQ5Os case design in ISK solid yellow or rose Gold is a limited edition model Also available in a tachometer version. classic of all time. The Chronograph "Compax 1950 from Universal Geneve faithfully reproduced in the original design of the *****. High precision manual wind
      163 words
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  • THE WORLD
    • Article
      Lock icon EU ministers fail to lift confusion over ERM bands
      396 6 Reuter BRUSSELS European Union finance ministers decided on Monday that their Exchange Rate Mechanism was in perfect working order and to leave open the question of whether its current wide bands should be considered normal. But one fact that was perfectly
      Reuter  -  396 words
    • Article
      Lock icon IMF gets tough with Russia over new loans
      461 6 Moscow must cut budget deficit first Reuter MOSCOW The Internationa! Monetary Kund got tough with Russia yesterday, warning it to cut its 1995 hudget deficit as a condition for a massive new loan programme. An IMF mission arrived last week for talks
      Reuter  -  461 words
    • Article
      Lock icon Summit fails to reach agreement on Bosnian conflict
      382 6 Conference on Security and Cooperation in Europe AP. AFP BUDAPEST A key security summit, billed as a new forum for settling European conflicts, ended yesterday with the 52 countries failing to agree on how to deal with the Bosnian conflict. While blocking
      AP.; AFP  -  382 words
    • Article, Illustration
      Lock icon The eagle has left
      35 6 Reuter BERLIN Construction workers removing the German federal eagle inside the conference hall of the parliament at Berlin's Reichstag yesterday. The Reichstag will be closed for renovation work until 1998. Reuter
      Reuter  -  35 words
    • Article
      Lock icon Berlusconi willing to step down to preserve coalition
      373 6 Reuter ROME Prime Minister Silvio Berlusconi would be willing to cede his post to another member of his coalition if it helped advance the government's programme. Italian newspapers quoted him yesterday as saying in Budapest. But Mr Berlusconi added that this was
      Reuter  -  373 words
    • WORLD WATCH
      • Article
        Lock icon A fat amount spent for nothing
        68 6 AFP WASHINGTON Americans spend more than USS33 billion a year to wage mostly unsuccessful battles against an epidemic of obesity, a panel said on Monday. The Institute of Medicine found that 35 per cent of women and 31 per cent of men are obese
        AFP  -  68 words
      • Article
        Lock icon Brazil ex-president on trial
        66 6 AFP BRASILIA Former Brazilian president Fernando Collor de Mello goes on trial before the supreme federal court here today on corruption charges that forced his resignation in 1992. legal sources said on Monday. Mr Collor de Mello. who was impeached by Congress and stripped of his
        AFP  -  66 words
      • Article
        Lock icon White House travel fraud case
        76 6 Reuter WASHINGTON Federal prosecutors today plan to seek a grand jury indictment of former White House travel office director Billy Ray Dale for alleged embezzlement. Justice Department officials said. At the heart of the case are allegations that Mr Dale embezzled as much as U5569.000
        Reuter  -  76 words
      • Article
        Lock icon Good prospects for E Europe
        128 6 Bloomberg Business News GENEVA Eastern Europe will enjoy economic growth of 3 per cent this year and 4 per cent next, but prospects for Russia and other former Soviet states are gloomy, according to a United Nations report quoted by news agencies. The annual report
        Bloomberg Business News  -  128 words
    • Article
      Lock icon US commission report urges politically explosive changes
      517 6 Washington Post WASHINGTON A staff report of the president's bipartisan commission on entitlements and tax reform has recommended far ranging, politically explosive changes that would gradually raise the Social Security retirement age, impose higher Medicare insurance premiums and deductibles for most senior citizens,
      Washington Post  -  517 words
    • Article
      Lock icon OECD asks Canada to make use of recovery for faster deficit cuts
      486 6 Reuter OTTAWA Canada should take advantage of a strong economic recovery to accelerate budget deficit reductions and stop the rise in the country's debt as a percentage of gross domestic product, the Organisation for Economic Co-opera-tion and Development
      Reuter  -  486 words
    • Article
      EU summit to touch on ties with Asia
      569 8  -  European leaders see need for political dialogue with this region From Shada Islam in BRUSSELS EUROPEAN Union leaders meeting in Essen. Germany for a year-end summit on Friday and Saturday will hold tfce first review of EU relations with Asia. European and
      569 words
    • Article
      Lock icon Americas to emerge as single free trade area: surveys
      381 8 Reuter WASHINGTON A majority of senior executives of multinational companies believes the Americas arc heading towards the establishment a continental free trade area, according to business surveys released ahead ol this weekend's continental summit. The Arthur Andersen accounting firm polled 2XO
      Reuter  -  381 words
    • Article, Illustration
      Lock icon New Gatt may double US beef, pork exports by year 2001
      312 8 Reuter CHICAGO Exports of US beef and pork could more than double by the year 2001 following the passage of the General Agreement on Tariffs and Trade (Gatt). a Meat Export Federation (USMEF) official said on Monday. "Under the
      Reuter  -  312 words
    • Article
      Lock icon Grain-producing nations to widen wheat commodity pact
      364 8 Reuter LONDON Leading farm nations prepared to create a new international grain pact yesterday, expanding their 45-year-old wheat organisation after ending a feud over contributions. diplomats said. But like the current 47nation International Wheat Council, the grains watchdog to be formed next July
      Reuter  -  364 words
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      179 6 Mandarin Gardens Full-Service Accommodation 15 Siglap Road. #01-04/05. Singapore 1544 Tel: 441 2888 Fax: 444 6839 A RESORT THAT'S ALSO A HOME Full-Service Accommodation by the Sea Mandarin Gardens offers a lot more than just a roof over your head. It's a vacation in itself. Imagine, a wide range of
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      153 7 wn—Hl—mam—mmm ■hhiom ii w i n Johnnie Walker j (lassie SEE WORLD i T Th D I A v TT* T' W" "IP "Y" '"•"♦f' **< l JL .Mi Ji XjA ~~y '-*> >" «r 1 i H I L/ f i_ fj\| Jj j 1 O I U' I
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Masterly manoeuvres help Clinton pull off Gatt coup
      1441 9  -  The Clintonites' Gatt gameplan From Leon Hadar in WASHINGTON WHEN Clinton administration officials started earlier this year to devise their plan to get Congress to ratify the General Agreement on Tariffs and Trade (Gatt) accord, they opted for a low-key, behind-the-scenes strategy
      Reuter  -  1,441 words
  • Page 9 Advertisements
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      47 9 Tke Series 6000 Solid Gold Collection jusl launched worldwide and in Singapore. Come view ihis exliiWion-sale a 1... Tke Hour GU 01-11, Scotts Shopping Cenlre 1 Dec lo 12 Dec '94 1 lam Bpm Daily Tel: 235 6527/7198 D Sole Distributor: The HourGlass m well-time QUALITY TIME
      47 words
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      1814 11 Tke future of the world's finest cognac is, right Imagine, then, the effect on a Frenchman! Legend has it that some three hundred years ago, There s a lot ol it about. It may not he all that special, now, hanging hy the finest of threads. a migrating swallow discovered
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      705 12 Nothing Beats A Bud. UrcVAl JOKING OK nHSri M Moo IO I '•"rrr.jr.. <* p-"- H-""" %fmt ZrSXrV—,- 8 I j p I MI, *I*l 4 l an HOTEL 200 Oreh.rd BouS-I«P»" I BOULEVARD H M 737 2911 FRESPfI .PASTA DAI LY. From Pasta Fresca. The only restaurant to make
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      379 12 WHERE TO WINE, DINE AND ENTERTAIN c» m t |id y "80s ijiiji) At M, The beat of a great era is now hack. At the place where it all happened. And is now happening again. Come on hack to Studio M tonight! Studio ,e> -t i PIA/.A Hon l.
      379 words
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      Page 12 Advertisements Column 3
      304 12 %Z)IV£INTC THEEtyrrEmNT.^ Enjoy an unforgettable evening of spectacular world-class revues at the Neptune And our Early Dinner Special menu prepared by experienced Hong Kong chefs Free parking in the evening. Showtimes: B.oopm to 8.30pm 9.30pm to 10.00pm 7th floor Ovmrj* Lnaon Houm C ottyrr Qu*v Mngjporr 0104 TH 224)922 $13.80-
      304 words
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  • LIFESTYLE
    • Article, Illustration
      Santa's for real, trust me
      761 13  -  Miracle is a little fantasy with lots of charm. But Susan I sang finds it a touch overdone Susan Tsang Toffee is in this Christmas. Aficionados of the sweet and sticky will be pleased to know that writer-producer John Hughes has provided lots of schmaltz
      761 words
    • Article
      Chameleon ensemble
      470 13  -  Benjamin Loh is enraptured by the sounds ofl Solisti Veneti Benjamin Loh A CHAMELEON-LIKE approach to musicmaking was probably the single most arresting aspect of 1 Solisti Veneti's performance under the baton of Claudio Scimone at the Victoria Concert Hall on Monday evening. This ability to transform one's
      470 words
    • Article, Illustration
      Lock icon Veteran teddy sets new mark
      435 13 CHATTERBOX AP Reuter Reuter AP AP A TEDDY BEAR which accompanied its owner on a long military career sold for a record price of £110,000 (*****.800) at an auction. Tedd> Girl, manufactured by SteifT of Germany in 1904. was purchased by Yoshihiro Sekiguchi. who intends
      AP; Reuter  -  435 words
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      38 13 f FRATINI Opening Hours Lunch 12 noon 2.30 pm Dinner: 6pm -12 midnight (Close on Sunday) 51 Neil Road #01-22 Singapore 0208 Tel: 323 2088 Fax: 323 0334 pick CROpfPi^ ADVEBTISK VOIJR JOB OPENINGS in the APPOINTMENTS' columns
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1196 13 TV RADIO H TV 2 Lastwood ekes and body putthrough magazines to The Courtmartial of Jackie Rob- V-. J^flflHragl inson, 10pm. Ch jf^d^^EHgKj Before he became yt^Bjj^Hjwlj legend. Jackie Kobinson was J m KW f-ghting racism. Andre Braugh- IHHE. JHHHffl er acquits himselt well as Rob- hen Grenada looms. Clint
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      Page 14 Advertisements Column 1
      47 14 a I Six hundred ISP years ago, Admiral r&m Cheng Ho led seven naval expeditions to Southeast Asia, India, Arabia and Africa armed with little more than a sense of adventure. If he had Shipping Times, his mission QkSjjS nf| "T1 would have been crystal clear. lllllv&
      47 words
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  • SPORTS
    • Article
      Lock icon Sampras cruises past Yzaga
      696 15 Grand Slam Cup Reuter. AP MUNICH World number one Pete Sampras avenged his fourth round defeat at this year's US Open by cruising past Peru's Jaime Yzaga 6-2. 6-4 yesterday in the first round of the US$6 million Campaq Grand Slam Open. Yzaga only occasionally showed
      Reuter.; AP  -  696 words
    • Article
      Lock icon Two UK journalists to stay away from IOC chief libel trial
      291 15 AP LONDON Two British journalists said on Monday they will not attend their trial in Switzerland on charges of libelling international Olympic Committee president Juan Antonio Samaranch. Vyv Simson and Andrew Jennings are scheduled to go on trial today
      AP  -  291 words
    • Article
      Lock icon Only 3rd Super Bowl win will make Cowboys celebrate
      311 15 AP IRVING, Texas Three consecutive NFC East championships don't mean much to the Dallas CowboyS. A third consecutive Super Bowl victory is what will make them celebrate. "Winning the NFC East didn't make us jump around," wide receiver Michael Irvin said.
      AP  -  311 words
    • SCORE CARD
      • Article, Illustration
        American Football
        12 15 NEW YORK NFL Monday San Diego 17 LA Raiders 24.
        12 words
      • Article, Illustration
        Basketball
        199 15 NEW YORK NBA Mondav: Philadelphia 96 NY 101 (OF): Chicago 94 New Jersey 99; LA Clippers 83 Charlotte 115. Standings (W I. Pet. GB) Eastern Conf. Atlantic Div: 1 Orlando 11 3 .786 2 New York 9 5 .643 2 3 Boston 7 8 .467 4Vj 4 Philadelphia 6
        199 words
      • Article, Illustration
        Golf
        108 15 LONDON World rankings Monday: 1 Nick Price (Zim) 21.30 pts 2 Greg Norman (Aust) 20.68 3 Nick Faldo (Eng) 16.78 4 Bernhard Langer (Ger) 15.66 5 Jose Maria Olazahal (Spn) 15.18 6 Fred Couples (US) 13.74 7 Ernie Els (SA) 13.57 8 Colin Montgomeric (Scot) 12.38 9 Masashi Ozaki
        108 words
    • Article, Illustration
      Lock icon Mediocrity rules football conference
      514 15 National Football League AP NEW YORK The Cleveland Browns' loss to the New York Giants was the last straw. It's time for National Football League commissioner Paul Tagliabue to declare the National Football Conference title game on Jan 15 as Super Bowl XXIX, and make the
      AP; Reuter  -  514 words
    • Article
      Lock icon Pressure on LA Clippers after latest loss
      509 15 AP LOS ANGELES The pressure is really on now for the Los Angeles Clippers. One more loss, and they've matehed the worst start in NBA history. One more loss, and they're worse than laughing stocks. One more loss, and thev're 0-17. The Clippers
      AP  -  509 words
    • SIDE LINES
      • Article, Illustration
        Lock icon Chinese champion denies dope charge
        162 15 Reuter TOKYO Chinese world champion swimmer Lu Bin has denied using a banned substance to help set a world record and win four gold medals at the Asian Games in October. Lu was speaking out for the first time since she and 10 other Chinese
        Reuter  -  162 words
      • Article
        Lock icon Australian coaches want four-year ban
        51 15 Reuter BRISBANE Australia's swimming coaches will ask the sport's world go\erning body to ban Chinese swimmers from international competition for four years following seven positive tests at the Asian Games. The ban would include the 19% Atlanta Olympics and the 199K world championships in Perth.
        Reuter  -  51 words
      • Article
        Lock icon Power struggle in Swedish tennis
        84 15 AP STOCKHOLM On the heels of Sweden's Davis Cup title in Moscow, the nation's Davis Cup Committee has resigned in protest over the appointment of Anders Jarryd as the new national tennis team coach. The choice of Jarry d was made by the board of
        AP  -  84 words
      • Article
        Lock icon Unfair TV coverage of rugby player
        109 15 AP WELLINGTON New Zealand's television authority yesterday ruled that South African rugby union player Johan le Roux was treated unfairly by a television network over replay s of an ear-bit-ing incident. The Broadcasting Standards Authority decided that TVNZ did not treat le Roux fairly
        AP  -  109 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      298 15 INFHine An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The SAGITTARIUS Fortune; Win Prizes! Entertainment News 8451 Juicv \ews Of Tom Petty. Darryl Hannah. Macaulay Caulkm. Elton John Pretenders Ghost Stories 8452 New: Wedding Banquet; Win Prizes! Children's Funland 8453 Sew: Sun Wukong In The World Of Darkness
      298 words
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  • Article, Illustration
    China gambling with its investment status
    789 16  -  Bad debts and arbitrary changes to contracts are commonplace in C hina, threatening investor confidence and China s credit worthiness, savs Steve Vines Steve Vines The writer is a Hongkong-based journalist who contributed this commentary to BT IN THEORY, Hongkong t>coon Li Ka-shing has
    789 words
  • Article
    The danger with derivatives
    520 16 EDITORIAL DERIVATIVES, the shadowy and esoteric world of futures, options, swaps and other numbing variations, continue to haunt regulator) institutions worldwide. Last week. American financial markets reacted with shock when the fund manager of a public investment pool in Orange County, California, disclosed potential losses of
    520 words
  • WHAT THE OTHERS SAY
    • Article
      Always, let the buyer beware
      384 16 LAST week, some of the 30 grassroots leaders at a Feedback Unit dialogue said the government's move to encourage Singaporeans to buy Singapore Telecom shares might have inadvertently led people to invest in the stock market without realising the risks involved. While it is true
      384 words
    • Article
      Caning to kick the drug problem
      112 16 THE overwhelming support shown by the Malay community for the caning of druj» addicts, particularly repeat offenders, reveals that the community is fed-up with the problem. Rehabilitative detention, counselling and other measures do not seem to be effective thus far. The problem continues to
      112 words
    • Article
      Seduced by fame and fortune
      160 16 WHETHER the Chinese athletes in the current drug incident took the banned drugs willingly or unknowingly. the incident has dealt a great blow to China's reputation in the international arena. Furthermore, a dark shadow has been cast on China's achievements in world sports. We believe
      160 words
    • Article
      Where does the buck stop?
      120 16 FOR a city that boasts sophistication and high-tech wizardry, Hongkong must be among the few places where an unskilled worker has the potential to blow up a whole township. It nearly happened last weekend when a construction worker used an oxyacetylene torch to disconnect the
      120 words
    • Article
      A firm hand on timber firms
      102 16 MINISTER of Forestry Djamaludin Suryohadikusumo has finally ended what securities analysts saw as his tug-of-war with timber companies intending to go public. He announced last week that wood-based companies which want to make an initial public offering (IPO) of shares are no longer required
      102 words
    • Article
      A fresh breeze blows
      167 16 THE good faith of Asian leaders who affirm the universal nature of human rights must be tested against the policies and actions of their governments towards their people. So. too. must speeches contradicting the notion that Asian values justify sacrificing individual liberties for the greater good
      167 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      121 16 B Silkier to the touch than ivory, and harder than horn, the distinctive quality of Francois-Yves Luthier pen it quite beyond compare. Crafted out of milkstone, the product of hardened casein, thii classically designed writing instrument is more durable than conventional materials and most delightful to write with. For its
      121 words
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      Page 16 Advertisements Column 2
      19 16 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments or Notices, caH toll-free 1-800-741-1883 I The Straits Times 1
      19 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      75 16 U)HP\T DO SOU f Of^ voo goimgN clothes.. J TO TO the. xV Vf /V \A L^NMeg^ND (u^yf' associate mimwiM I.TO. iwnw j POONESBURY GARRY TRUDEAU 1 S Before your SHOM.iioouu? 1 |T fiOTVM£MR PT /f5 fI W\ THANK. YOU FOR AN ABSO HAVB SAIP THAT &N6RJCM 15 I WBIL,
      75 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      When mates become rivals
      1455 17  -  Australia-New Zealand relations PETER OSBORNE PETER OSBORNE The writer is a B T correspondent NEW ZEALAND and Australia are supposed to be "mates" close friends. So when Canberra pulled the plug on an agreement for a combined civil aviation market just days before it was to
      1,455 words
    • Article, Illustration
      Why the Kiwis are doing better than the Aussies
      1670 17  -  The Australian economy is likely to have a hard landing but New Zealand can expect continued growth, says Peter Osborne Peter Osborne IN A breathtakingly short time. New Zealand has become a nation transformed. The moribund and defeated society of 1984,
      1,670 words
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  • Article
    Lock icon US makes new proposals ahead of glass talks with Japan
    453 18 AFP WASHINGTON Ihe United States has put forward new proposals to try to resolve a long-running dispute over opening Tokyo's US$4.5 billion (556.6 billion) flat glass market, ahead of a new round of formal talks yesterday, officials said. The US
    AFP  -  453 words
  • Article, Illustration
    Lock icon Back in the limelight
    44 18 Reuter BRESCIA, Italy Brescia's new mayor Mino Martinazzoli (left) being welcomed on Monday by supporters. Martinazzoli staged a remarkable comeback, after walking out of politics nine months ago, winning the vote for mayor in this rich northern Italian city. Reu»er
    Reuter  -  44 words
  • Article
    Lock icon US housing completions fell 2.3% in October
    158 18 Bloomberg Business News WASHING TON The number of housing units completed in October declined 2.3 per cent from a month earlier, the Commerce Department said yesterday. Completions lag starts of new construction by about six months. October's drop to an annual rate of
    Bloomberg Business News  -  158 words
  • Article
    Lock icon M'sian economy to grow 8.4% next year: Mier
    443 18 AFP. Bernama KUALA LUMPUR Malaysia is likely to sustain growth at 8.4 per cent next year and 8.2 per cent in 19%. but higher inflation would drive up interest rates and the local currency, a private think-tank said yesterday. The Malaysian Institute
    AFP.; Bernama  -  443 words
  • Article
    Lock icon NAPM sees business revenue growth of 8.5%
    266 18 Bloomberg Business News NEW YORK Business revenue will increase by 8.5 per cent in 1995, while prices paid, up 3.1 per cent in the past year, will gain another 4.1 per cent next year, the National Association of Purchasing Management said yesterday. NAPM
    Bloomberg Business News  -  266 words
  • Article
    Lock icon Italy's top anti-corruption magistrate resigns
    199 18 AP, AFP, Reuter MILAN, Italy Leading anticorruption magistrate Antonio di Pietro, who has led Italy's almost three-year-old "Clean Hands" investigation, announced his resignation yesterday, saying he was leaving the judiciary. Accepting the resignation, Milan's chief prosecutor Francesco Saverio Borrclli said yesterday that he and other
    AP,; AFP,; Reuter  -  199 words
  • Article
    Lock icon China's ailing companies want right to sack 20% of workers
    349 18 AFP BEIJING China's ailing state firms urged the government to let them saek 20 per cent of their workers, blaming laek of control over personnel and funding shortages for their problems, the Economic Daily said yesterday. Nearly 79 per cent
    AFP  -  349 words
  • Article, Illustration
    EU finds too many signs on the road to integration
    944 18  -  The Bottom Line SHADA ISLAM SHADA ISLAM The writer is a Brussels-based journalist I' T"s still a year away, but preparations for the European Union's conference on constitutional reform have already begun. New ideas on transforming the EU into a
    944 words
  • Article
    Lock icon Major faces tight vote over big tax hike on home heating
    260 18 Reuter LONDON Prime Minister John Major was to face a knife-edge parliamentary vote yesterday over a hefty tax hike on home heating. His finance minister warned Conservative dissidents they would be "extremely foolish" to rebel again. Up to 14
    Reuter  -  260 words
  • Article
    Lock icon HK airport authority seeks developer for 600-room hotel
    252 18 Bloomberg Business News HONGKONG The Provisional Airport Authority (PAA) yesterday said it was seeking offers to build a 6()0-room hotel at the international airport under construction here. The four-star hotel will be situated next to the passenger terminal building at the Chek
    Bloomberg Business News  -  252 words
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  • COMPANIES & MARKETS
    • Article
      MAS surprises with big first half profit leap to M$97m
      421 19  -  From Ruth Wong in KUALA LUMPUR MALAYSIAN Airline System Bhd took the market by surprise yesterday when it announced an interim net profit for the half-year ended Sep 30 of M 597.41 million (5555.98 million), a huge increase over the
      421 words
    • Article
      Parkway, Low Keng Huat in Shanghai property venture
      205 19 SINGAPORE Parkway Holdings and Low Keng Huat have teamed up to develop a US$l5 million (Ss22 million) mixed commercial and residential property project in Shanghai. The two listed firms said yesterday each would take a 50 per cent stake in a Singapore
      205 words
    • Article
      Lock icon Improvements in KLSE's settlement system urged
      333 19 Bernama KUALA LUMPUR Bank Negara adviser Zainal Aznam Yusof yesterday suggested improvements to the Kuala Lumpur Stock Exchange's Fixed Delivery and Settlement System. At present, buyers are expected to pay stockbroking firms not later than the seventh market day after the trading day (T+7)
      Bernama  -  333 words
    • Article
      Chevalier posts higher first-half earnings
      273 19 SINGAPORE Mainboardlisted lifts and escalators group Chevalier Singapore Holdings reported a 12.9 per cent rise in half-time net earnings to $2.1 million. Turnover for the six months to Sep 30 was $19.8 million. This is a 15.3 per cent improvement on the previous year's sales
      273 words
    • Article, Illustration
      Will DBS Land's property ventures in Hongkong pay off?
      888 19  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Has Sino Land paid too much for its landbank in Hongkong? And if it has, what does it mean for its new partner DBS Land? The first question has been asked in Hongkong,
      888 words
    • Article, Illustration
      Hitachi Zosen profit down 53% to $7.7m
      335 19  -  By Ven Sreenivasan SINGAPORE Rough weather in the marine industry has battered main boardlisted Hitachi Zosen's bottom line for the half year to Sep 30. Hitachi Zosen, the smallest of Singapore's Big hour shipyards, saw its half-time group net earnings dive 53.8 per
      335 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        46 19 Mixed Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday Overnight events may alter sentiment Brokers polled: Alliance, Baring, Daiwa, Fraser, GK Goh, Kay Hian, Morgan Grenfell, OngCo, Nomura, Phillip, Smith New Court. W! Carr and SG Warburg
        46 words
      • Article, Illustration
        HOT STOCK
        135 19  -  By Paul Leo WBL Coiporation has a strong base between $3.00 and $3.20, which means that any further weakness from yesterday's close of $3.32 is a buying opportunity. The support extends all the way back to late 1988. Daily and monthly Relative Strength Indices will fall into oversold
        135 words
    • COMPANIES
      • Article, Illustration
        Lock icon Berjaya group wins US$450m Nanjing bridge, tollway deal
        356 20  -  From Ruth Wong in KUALA LUMPUR A MALAYSIAN consortium led by the Berjaya Group Bhd and its Chinese partners has clinched a USS4SO million (***** million) project to build, operate and transfer two bridges and an expressway across the Yangtze River in
        Reuter  -  356 words
      • Article
        Lock icon Leader's China plant to start operations next year
        390 20 NST KUALA LUMPUR Asia's largest cable producer, Leader Universal Holdings Bhd, will start production in its China plant next year, about a year later than originally planned. Executive chairman H'ng Bok San said the China plant is being constructed and machinery has
        NST  -  390 words
      • Article
        Lock icon Bina Puri sees pre-tax profit of M$16m for 1994
        204 20 NST KUALA LUMPUR Bina Puri Holdings Bhd. which is seeking listing on the Kuala Lumpur Stock Exchange main board, has projected pre-tax profits of MS 16.05 million (559.2 million) and MS 17.13 million for 1994 and 1995 respectively. Gross earnings per
        NST  -  204 words
      • Article
        Lock icon KLSE to accept listing and quotation of call warrants
        130 20 Reuter KUALA LUMPUR The Kuala Lumpur Stock Exchange (KLSE) announced that it would accept applications for the listing and quotation of call warrants. In a statement, the KLSE added that as call warrants were a new instrument on the exchange, purchasers
        Reuter  -  130 words
      • Article
        Bakrie's 3rd qtr results put profit forecast in doubt
        351 20  -  From Maggie Ford in JAKARTA POOK third-quarter results from Bakrie and Brothers suggest Indonesia's sixth largest listed company may miss its forecast net profit for 1994 made at the time of a USS7OO million (551.022 billion) rights issue earlier this year.
        351 words
      • Article
        Lock icon Group pre-tax loss of M$1.16m puts Union Paper in the red
        273 20 Bernama KUALA LUMPUR Union Paper Holdings Bhd has moved into the red with a group pre-tax loss of MS 1.16 million (*****.244) for the year ended Aug 31.1994. compared to a pre-tax profit of M 5869,000 previously. In its
        Bernama  -  273 words
      • Article
        Lock icon P J Development raising M$230m through bonus, rights issues
        289 20 NST KUALA LUMPUR PJ Development Holdings Bhd has proposed a one-for-five bonus issue and a cash call involving a one-for-five rights issue and bonds aimed at raising about MS23O million (*****.3 million). Aseambankers Malaysia Bhd. in a statement on behalf of
        NST  -  289 words
      • Article
        Lock icon Antah now confident of better prospects in long term
        308 20 NST KUALA LUMPUR Antah Holdings Berhad is confident that its prospects will be enhanced in the long term with the completion of its introspective exercise, said its chairman Tunku Dara Tunku Naquiah Tuanku Jaafar. The group's introspective exercise which began last
        NST  -  308 words
      • COMPANY BRIEFS
        • Article
          Lock icon Damansara Realty reduces loss
          87 20 Bernama KUALA LUMPUR Damansara Realty Bhd reported a lower group pre-tax operating loss of MS2 million (SSI. 14 million) for the year to June 30. against M 53.28 million the previous year. The eompany said yesterday that the results were achieved on the hack of a
          Bernama  -  87 words
        • Article
          Lock icon Securities firm confirms staff cuts
          51 20 Reuter HONGKONG ABN Amro Holding NV's MeesPierson Securities (Asia) Ltd has confirmed reports it was cutting regional equities research staff by about 20 as market turnover dwindles in the region. A brokerage official said about 20 staff were being cut in Thailand. Singapore and Hongkong.
          Reuter  -  51 words
        • Article
          M Credit unit completes sale
          46 20 Listed property developer Malayan Credit Ltd (MCL) said yesterday its wholly-owned subsidiary MCL Properties has completed a sales and purchase agreement to transfer ownership of 302 units at Ardmore Park to MP-Bilt. a subsidiary of Marco Polo Developments. for $373.75 million.
          46 words
        • Article
          Creative in S Korean deal
          74 20 SOUNDCARD maker Creative Teehnology Ine has signed a agreement with South Korea's JC Hyun Systems Inc (JCH) to design, manufaeture. market and distribute multimedia software and hardware in South Korea. JCH has been the exclusive distributor of Creative's products in South Korea since 1989. Under
          74 words
        • Article
          Lock icon Faber in privatisation bid
          74 20 Bernama KUALA LUMPUR Kaber Group Bhd has set up a joint venture company to privatise the Hospital Support Services in the North and Last Malaysia /ones. The company said yesterday that it had entered into a joint venture agreement with Medlux Overseas (Guernsey) Ltd. Intensive Quest
          Bernama  -  74 words
      • Article
        DIVIDENDS ANNOUNCED
        901 20 Payment F\ Books Psy (S) date close dale MSB 50* h 3 Jan 6 Jan 20 Jan 27 \mtck Lng 20* t ME l>cc 12 Dcc 16 Dec 30 \niah Hldgs 50* b 6 Nov 25 Dec 9 Jan 5 Asia Pac Ld I 2TE Nov 23 Dec
        901 words
      • Article
        UNIT TRUSTS & FUNDS
        616 20 UNIT TRUSTS FUNDS Managers' prices Dcc 7 Mendaki (ir Fund 1.07 110 tinaanAr. Unit Tr»tt US tir Fund 0 ,5 0<MUJ jing3pOTC Uflft I nisi IIAP i cc .i Bla4 I ij The Cammacc 1.61 1.70 UvB ASSet Wlgl Ltd The Savings Fund 1.54 1.63 Cnifund 1.42 1.48 S'pore Prog
        616 words
      • Article, Illustration
        Lock icon Samsung car move may spark race in technology imports
        403 21 AFP SEOUL South Korean conglomerates could embark on a race to import foreign technology following the Samsung Business Group's controversial move into the car business, analysts said yesterday. With approval of Samsung's car project seen as a formality, the rival Hyundai
        AFP; Reuter  -  403 words
      • Article
        Lock icon Lai Sun directors pay themselves fat fees despite lower profits
        306 21 Bloomberg Business News HONGKONG Directors at Hongkong's Lai Sun Garment (International) Ltd have awarded themselves a huge increase in bonuses even though company profits fell. Lai Sun Garment's profit declined 21.4 per cent last year, but its directors' remuneration was
        Bloomberg Business News  -  306 words
      • Article
        Lock icon NZ's Lion Nathan expects 8-10% annual profit growth
        513 21 Bloomberg Business News AUCKLAND New Zea-land-based brewer Lion Nathan Ltd expects its existing businesses to grow by 8 per cent to 10 per cent a year, chief executive Douglas Myers said yesterday. "Even before we consider our expansion beyond Australasia, we know
        Bloomberg Business News  -  513 words
      • Article
        Lock icon Huaneng, US firm to build Jiangsu power plant
        236 21 Reuter HONGKONG Huaneng Power International Inc yesterday said it would build a US$l.l billion (Ssl.6 billion) power plant in Jiangsu province with Southern Electric International (SEI) of the US. "Huaneng will hold a controlling stake in the venture and will be responsible
        Reuter  -  236 words
      • Article
        Lock icon Asian bourses likely to do better next year, says Merrill Lynch
        285 21 AFP KUALA LUMPUR Asian stock markets arc likely to perform better in 1995. Merrill Lynch predicted yesterday, saying that after China and India. Indonesia could emerge as the next favourite. Uncertainty in global and other Asian markets could also
        AFP  -  285 words
      • Article
        Lock icon Tokyo bourse marked by sign of the dead cross
        412 21 Bloomberg Business News TOKYO The sign of the dead cross has fallen across this stock market, serv ing as an omen to many that the time for owning Japanese equities has passed. "It means the long-term trend in the Japanese market
        Bloomberg Business News  -  412 words
      • COMPANY BRIEFS
        • Article
          Lock icon Unocal to take US$489m in charges
          89 21 Bloomberg Business News LOS ANGELES Unocal Corp said on Monday it will take charges totalling as much as USS4B9 million (SS7I9 million) in the fourth quarter, mainly to write down US oil and gas fields. I he biggest portion of the charges. USS27S million,
          Bloomberg Business News  -  89 words
        • Article
          Lock icon IBM, Norrell in new agreement
          66 21 Bloomberg Business News AILANTA Norrell Corp said its computer service subsidiary, lascor Inc. signed a new service agreement with International Business Machines Corp that stipulates the return of IBM's 5 per cent stake in Norrell. The agreement, effective Jan I, covers about a third of
          Bloomberg Business News  -  66 words
        • Article
          Lock icon Mitsubishi keen on Indon gas project
          51 21 Reuter JAKARTA Japan's Mitsubishi Corp is interested in possible involvement in Indonesia's US$4O billion Natuna gas project, its president Minoru Makihara said after meeting President Suharto. Indonesia's I'ertamina and Exxon Corp of the US each have 50 per cent stake in the gas concession.
          Reuter  -  51 words
        • Article
          Lock icon NFC pretax profit rises 11%
          81 21 Bloomberg Business News LONIX)N NFC pic, the transportation and equipment supplier, reported higher profits in the year to Oct I, but said business conditions were restrained in important European markets. Profit before tax and exceptional items rose II per cent, to £106.3 million (***** million).
          Bloomberg Business News  -  81 words
      • Article
        Lock icon American Tobacco buyout aimed at Philip Morris, says BAT
        473 22 Reuter NEW YORK A BAT Industries pic lawyer on Monday denied FTC charges that its planned takeover of American Tobacco is a scheme to boost cigarette prices and instead argued the merger is aimed at competing with Philip Morris. The Federal
        Reuter  -  473 words
      • Article
        Lock icon BAT row worries investors in India's ITC
        297 22 Reuter BOMBAY Indian tobacco and hotel giant ITC Ltd is set to post a 27 per cent rise in 1994/95 net profits amid investor concerns about a skirmish with the company's largest shareholder. British tobacco giant BAT Industries pic, analysts said. According to
        Reuter  -  297 words
      • Article, Illustration
        Lock icon A Ducati meant for Senna
        59 22 AFP BOLONIA, Italy Italian Formula-1 drivers Pier Luigi Martini (centre) and Jean Alesi (right) applauding as Vivian Senna, sister of late Brazilian Formula-1 star Ayrton Senna, unveiled the Italian Ducati sports motorcycle on Sunday at the Bolonia bike show. The motorcycle was designed for her
        AFP  -  59 words
      • Article
        Lock icon Surge in cellular phone demand may result in shortage of chips
        474 22 Bloomberg Business News SAN FRANCISCO Motorola Inc on Monday said a sudden jump in the demand for digital cellular telephone service could lead to a shortage of semiconductors needed for the equipment. Jack Scanlon. senior vicepresident and general manager
        Bloomberg Business News  -  474 words
      • Article
        Lock icon Montgomery Ward to take stake in home shopping network
        294 22 NYT CHICAGO In what is billed as the first alliance of its sort between a retailer and a television shopping network, Montgomery Ward said on Monday that it would pay USSB million (SSI 1.8 million), or U556.25 a share, for a
        NYT  -  294 words
    • FINANCE & COMMODITIES
      • Article
        Bank of Tokyo leads push by Japanese banks into Vietnam
        391 23  -  By Harish Mehta SINGAPORE Big Japanese banks are making fresh moves into Vietnam. Bank of Tokyo Ltd has opened its second representative office in the country, becoming the first Japanese bank with an office in Hanoi, in addition to one
        391 words
      • SMALL CHANGE
        • Article
          Lock icon Bank Islam to set up training institute
          56 23 Bernama PETALING JAYA Bank Islam Malaysia Bhd will establish a research and training institute aimed at enhancing the globalisation of Islamic banking, the finance ministry parliamentary secretary, AfTifuddin Omar, yesterday said the institute, which had been approved by Bank Negara Malaysia was expected
          Bernama  -  56 words
        • Article
          Lock icon MeesPierson confirms staff cut
          51 23 Reuter HONGKONG ABN Amro Holding NV's MeesPierson Securities (Asia) Ltd confirmed reports it was cutting regional equities research staff by about 20 as market turnover dwindles in the region. An official of the brokerage said around 20 staff were being cut in Thailand, Singapore and Hongkong.
          Reuter  -  51 words
        • Article
          Lock icon Japanese banks dominate Shanghai
          70 23 AFP SHANGHAI Japanese banks have become a major force in Shanghai's banking industry, accounting for a third of foreign bank branches and a quarter of representative offices, a top official said. Vice-Mayor Xu Kuangdi was quoted yesterday by Shanghai Securities News as saying Japan had the
          AFP  -  70 words
        • Article
          Lock icon S Africa to launch US$500m bond
          74 23 FT JOHANNESBURG South Africa is to return to the international capital markets this week with the launch of its first international bond offering since the end of apartheid. The US$5OO million (***** million) global offering of five-year bonds is being closely watched by major
          FT  -  74 words
      • Article
        Lock icon Fidelity says revised payout due to calculation error
        314 23 Reuter NEW YORK Fidelity Investments said an error in calculation forced it to make an unusually large reduction in the year-end payout for its Fidelity Magellan mutual fund to nil from an estimated U554.32 (556.32). "We made the error in our calculation
        Reuter  -  314 words
      • Article, Illustration
        Lock icon Catastrophes cost US insurers US$12.7b in first nine months
        283 23 AP NEW YORK Catastrophes ranging from the California earthquake to Midwest tornados eost the US insurance business USSI2.7 billion (5518.7 billion) in the first nine months of 1994 the second biggest catastrophic loss ever for the period. The Northridge earthquake, which
        AP  -  283 words
      • Article
        Visa to open office in Bangkok
        205 23 SINGAPORE Credit card vendor Visa International announced yesterday plans to open an office in Bangkok in the first quarter of next year to serve its 15 member-hanks in Thailand. This will he Visa's 10th office in the Asia-Pacific region. The card vendor said yesterday
        205 words
      • Article
        Lock icon US mutual fund industry consolidates to survive
        223 23 Reuter NEW YORK Reeling from the momentum of several major deals, the mutual fund industry is expected to continue its shakeout. with big financial institutions buying medium sized firms, and small companies merging in an effort to survive, according to analysts and industry
        Reuter  -  223 words
      • Article
        Lock icon Derivatives users lack adequate controls of risk: survey
        393 24 Focus on derivatives FT, Bloomberg Business News LONDON Only a minority of companies and institutions using financial derivatives to hedge risks has adopted the most sophisticated risk management techniques recommended by banks and derivatives traders, a survey has found. The survey by
        FT,; Bloomberg Business News  -  393 words
      • Article
        Lock icon Bankers Trust agrees to come under Federal Reserve supervision
        367 24 Reuter WASHINGTON Under fire for arranging investments that went sour. Bankers Trust New York Corp agreed with the Federal Reserve to overhaul part of its derivatives business, the central bank said on Monday. It was the first time the Fed has
        Reuter  -  367 words
      • Article, Illustration
        Lock icon Indon rubber supply squeeze likely to push prices to a high in March
        422 24 Reuter JAKARTA Indonesia's rubber output will remain stricken well into the first quarter of next year as wintering comes close on the heels of monsoon rains which have pushed prices to historic highs, trade sources said yesterday.
        Reuter  -  422 words
      • Article
        Lock icon Probe into Orange County's US$1.5b loss
        240 24 Reuter SANTA ANA, California The Securities and Exchange Commission has launched an investigation into the US$l.5 billion (552.2 billion) investment loss suffered by California's Orange County, a local official announced on Monday. Country administrative officer Ernie Schneider also said that treasurer Robert Citron, who
        Reuter  -  240 words
      • Article
        Lock icon Analysts split on rebound by silver market
        430 24 Reuter NEW YORK As silver prices continued to plunge on Monday on heavy speculative selling, analysts were split on whether the market's fundamentals point to a rebound in the months ahead. But they were in agreement that silver is the most volatile and
        Reuter  -  430 words
      • Article
        Lock icon Judge dismisses GE diamond price-fixing case
        453 24 NYT WASHINGTON In a stunning victory for General Electric Co, a federal judge threw out a criminal case on Monday in which the company was accused of conspiring to fix the world price of industrial diamonds. US District Judge George C" Smith in Columbus.
        NYT  -  453 words
      • Article
        Futures rebound ahead of API report
        300 24 Bloomberg ENERGY REPORT LONDON Crude oil futures rebounded after sinking to their lowest levels in seven weeks on Monday, when petrol values tumbled amid doubts a new cleaner US grade would gain market acceptance. Traders speculated last night's weekly inventory and production report from
        300 words
      • Article
        Lock icon Currency Reports: London
        305 24 Reuter LONDON The dollar passed the European morning in tiny ranges against the mark and yen. and players were looking to the arrival of US traders for fresh direction. But with an almost empty economic diary and for the rest of the week little was expected from
        Reuter  -  305 words
      • Article, Illustration
        Untitled
        1613 24 ImJc-ui'iitfihtl ifhlr\ iuU ulalcJ ufamsj S'ptne'% ktp 14 11tuiint /tanntt\ Bum' yew /W US$/S$ forward rates Noon Dec 6 SI Bid (Wrr 1-month 1 4613 1 4628 2-month I -45**7 ***** .Vmonlh 1.4587 I 4602 6-month 1.4542 1.4562 SfKMiC OC'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on
        1,613 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars firm on short-covering
        1374 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars firmed yesterday. Dealers said Eurodollars were heavily oversold recently and some market participants decided to cover their positions. The market was sold off overnight on stronger than expected housing sales in the US for October despite higher interest rates. A
        Reuter  -  1,374 words
      • Article
        Tin ends lower in wake of UK fall
        677 25 COMMODITY REPORTS KLJTin TIN fell 22 sen to close at M 515.29 a kg yesterday after a lower London market overnight sparked heavy selling at the opening. "The market was easier. Players were seen selling heavily at the opening because of tails
        677 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Better quality Viet coffee for US
          126 25 NEW YORK Much of the Vietnamese coffee that has made it to the US so far has been the "dregs" of supplies that had been sitting around in warehouses during the US economic embargo, traders said. They maintained that the coffee arriving by the
          126 words
        • Article
          India's cotton industry in doldrums
          74 25 NEW DELHI India's cotton industry' is in the doldrums as some ginners in northern India are dishonouring cotton sale contracts after domestic cotton prices have soared in the past month. Ginners and traders in Punjab. Haryana and Rajasthan arc backing out of contracts with textile
          74 words
        • Article
          More new copper projects seen
          65 25 LONDON Current high copper prices could accelerate the growth in new copper projects using solvent extraction electrowinning (SX-LW) technology. according to UK-based analyst Brook Hunt and Associates Ltd. It notes that current forecasts are for SX-LW output to grow from 950.000 ton netin 1994 to
          65 words
        • Article
          Salomon division to start sugar trade
          58 25 NEW YORK Salomon Inc's Phibro Division will open a sugar trading branch in London just after the first of the year. The company said the group will begin trading on Jan 2, with "two or three" traders and one traffic operator. The company's current
          58 words
    • Article
      COMMODITY PRICES
      1493 25 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume t>pcn Month High Low Sett (tonnes) Interest Jan 95 215.00 214 50 213.75 575 875 Feb 210.75 125 3675 Mar 209.25 50 3000 Apr/Jun 210.00 210.00 210.75 75 ***** Jul/Sep 210.75 210.75
      1,493 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        972 26 -6.3 STOCKS closed weaker yesterday on fears of tax rises and a lack of news from the central Reserve Bank of Australia (RBA) board meeting. The All Ordinaries Index ended at 1,891.2 points, down 6.3. The All Industrials Index fell 3.8 to 2,729.2 and the All Resources Index lost
        972 words
      • Article
        Manila
        572 26 +32.92 Stocks rose for the second day in a row yesterday, after four weeks of decline. The Composite Index rose 32.92 points to 2,655.63. Turnover was 1.78 billion shares valued at 906.2 million pesos. An analyst said the sudden upturn was "very technical in nature", especially as it came
        572 words
      • Article
        Seoul
        414 26 +9.98 Share prices rose for the third consecutive day yesterday, with blue chips leading advances on heavy turnover. The Composite Price Index rose 9.98 points to 1,075.01, with 49 million shares valued at 1.11 trillion won changing hands. But falls edged out rises 429 to 422, with many small
        414 words
      • Article
        Bombay
        81 26 -47.30 Share prices fell sharply on selling by domestic and foreign mutual funds with the blue chip 30-share BSE Index falling 47.30 points to 4,031.37. The broader 100-share National Index slipped 11.24 to 1,922.97. Prices fell right from the start, a day after the government announced the minimum bidding
        81 words
      • Article
        New Zealand
        336 26 +2.09 Shares reversed their opening weakness to close slightly firmer after an uninspiring session. The NZSE-40 Capital Index closed at 1.941.45. up 2.09 points and off the low for the day of 1.935.49. "It's just holding, consolidating." said a dealer. "The market is still focusing on what the
        336 words
      • Article
        Taipei
        568 26 -40.75 Stocks experienced a healthy correction on profit-taking, with market heavyweight banking and insurance shares posting the largest losses, dealers said. The 394-issue Weighted Price Index declined 40.75 points to settle at 6.709.47 after a hefty 270.4-point rise in the previous session. Turnover dropped to 1.967 billion shares worth
        568 words
    • WORLD STOCK MARKETS
      • Article
        London
        630 26 -17.4 SHARES ended lower yesterday as continued worries about higher interest rates sent many participants scrambling to the sidelines. Sentiment was also unsettled by US news that the world's largest mutual fund manager had cut its payout to nil, analysts said. "It's down to interest rates again. Today we
        630 words
      • Article
        Paris
        156 26 -4.70 French shares closed down but above their session lows after an early recovery on Wall Street heartened investors, dealers said. "The market recovered a bit on the back of Wall Street." a trader said. It was pressured most of the day by lower bond futures prices and the
        156 words
      • Article
        Frankfurt
        196 26 -20.27 German stocks fell as falling bank earnings and news that the US' biggest mutual fund had cancelled a year-end distribution to investors unnerved the market. The DAX Index closed at 2,046.98, down 20.27 points as Germany's sec-ond-largest bank. Dresdner Bank, reported a double-dig-it drop in profits, partly due
        196 words
      • Article
        Brussels
        177 26 -7.29 Belgian shares, depressed by a softer dollar, weak bonds and losses on other European markets, closed quietly lower after a slow, featureless day. Traders expected the market to drift further in the short term as no major economic indicators were expected. "It was pretty dull and it may
        177 words
      • Article
        Toronto
        243 26 -10.91 Stocks opened weaker on softer Wall Street stocks and less-than-sparkling performances overseas. "We're down again, the US is down again. Europe is down again," said one dealer. "Part of the problem is the way New York finished yesterday. It had no conviction on a technical basis." The TSE-300
        243 words
      • Article
        Johannesburg
        306 26 +4.0 Softer London equities and continued gold price weakness eroded early steady sentiment to leave shares little changed yesterday. Dealers said the market would watch New York and gold for an early trend today but a lack of clear direction would continue to hamper activity and minimise gains. A
        306 words
      • Article
        Milan
        157 26 -183 Italian shares were knocked Hying by talk that anti-graft magistrate Antonio Di Pietro was resigning but regained some poise after publication of the letter of resignation. Investors had feared that if Di Pietro gave interference from Rome as the reason for his withdrawing from Milan's elite pool of
        157 words
      • Article
        Amsterdam
        254 26 •2.43 Dutch shares ended lower, under pressure from weakness in London and on Wall Street. "We're going lower for the first time in around a week. The dollar is down and Wall Street looks as though it will be off again." said one dealer. "There is the odd buy
        254 words
      • Article
        New York
        733 26 -4.04 The Dow Jones Industrial Average, which eased 3.70 points on Monday, was down 4.04 to 3,737.88 at 1 lam EST. The key barometer was down 12.45 shortly after the market opened. The NYSE Composite Index was off 0.71 to 247.37, while Standard Poor's 500-stock Index was down
        733 words
      • Article
        Stockholm
        140 26 -19.61 Swedish stocks suffered their greatest single-day loss since Nov 3, pulled lower by telecommunications giant LM Ericsson after the company was downgraded at James Capel Co Ltd. The OMX Index fell 19.61 points to 1.149.86. Twenty-nine stocks fell and one rose. "There was no positive information today and
        140 words
      • Article
        Zurich
        222 26 -21.9 Swiss shares closed easier, but recovered from earlier lows as Wall Street opened better than had been feared following news that Fidelity Investments had reduced the payout for its Magellan Fund to nil from 4.32. Volume was low as the market was characterised by a lack of buying
        222 words
      • Article
        Untitled
        763 26 Britannia Funds Sterling ash Bid Offer MinK apDcpo-.it MOO *t» t.MW Mim Jersev (.ill 0 IM 0 l« Mim Max Income 0 4000 0 4400 I S$ Cask Income flu-. Fund 4 MOO *****0 PS t Reserve fund 5 *400 5 >M» Sterling Kqait> Furo Performance 0 4W2 Far East
        763 words
    • Article, Illustration
      Lock icon HONGKONG
      3073 27 Bloomberg Business News HONGKONG Stocks rose yesterday, led by real estate shares, as investors began to perceive that some are attractively priced after the 14 per cent drop in the index in the last three weeks. The Hang Seng Index was up 30.12 points at 8,332.65. The broader All
      Bloomberg Business News; Source: Bridge Info  -  3,073 words
    • Article, Illustration
      Lock icon CHINA
      570 27 CLSA H SHARES lost some 3 per cent in intra-day trade, but managed to close down only 0.2 per cent on turnover of HKS79 million. Zhenhai shed another 2.9 per cent to close at HK51.99 following its HKS2.3B debut on Friday. Tsingtao lost 2.5 per cent after Monday's 5
      CLSA  -  570 words
    • Article, Illustration
      Lock icon TOKYO
      2484 27 Reuter TOKYO Stocks ended a shade higher yesterday after a dull day of fettered trading. Prices fell prey to selling by financial institutions and corporations in the absence of active buyers, as investors were sceptical of Monday's rally since it was dealer and arbitrageur-driven. "In the absence of buyers,
      Reuter; Source: Bridge Info  -  2,484 words
    • Article, Illustration
      Lock icon BANGKOK
      1598 27 Reuter BANGKOK Stocks ended firmer in one of the year's dullest trading days as investors settled in for what is shaping up to be a slow trek to the end of the year. Turnover was just 2.5 billion baht. The last time turnover was below three billion baht was
      Reuter; Source: Bridge Info  -  1,598 words
    • Article, Illustration
      Lock icon JAKARTA
      1094 27 Reuter JAKARTA Stocks tumbled at the dose yesterday with the index approaching its year low in mid-July when the index hit 449.72 points, brokers said. I he fall was frightening. The market closed with a lot of unsettled sell orders." a broker said. "We will see the index heading
      Reuter; Source: Bridge Info  -  1,094 words
    • Article
      CLOB INTERNATIONAL
      2421 28 (>r Or 1444 1*1 \ul l>a> IjnI (J»K» Di» l>i» Nrt M Cap High Low Cum pan* Nate (U00) High I <>» B«>cr Seller S Or S H't Smil MALAYSIAN STOCKS MB If*) m MSB 247 cd -10 *4 MO 245 250 >0 2 9 0 4 25
      2,421 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall to 8-month low on interest rate concerns
        6673 28 Bloomberg Business News KUALA LUMPUR Stocks fell to an eight-month low on concerns that rising interest rates will lead fund managers to put their money in other investments. The Composite Index fell 10.20 points to 953.68. its lowest level since April
        Bloomberg Business News; Source: Bridge Info  -  6,673 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8206 29 MAIN BOARD i i tit O M Mi IW lust Wl IMt lax I>||( l)i< Oh >W Set <»» »>* High li» ..nifunt Salt t'lKMi High l im Bairr •vlkr S "»f S P I >mil Price INDUSTRIAL AND COMMERCIAL 720* 4PS»ml X Vnu 50t 4M> -2 219 4M> 4M)
        8,206 words
      • Article, Illustration
        Lock icon Share prices end mixed as rally on Wall Street stalls
        1893 30  -  By R Sivanithy SINGAPORE: An indiflerent overnight performance on Wall Street after last Friday's sharp gains disappointed investors in the local stock market yesterday, leading to prices again closing generally mixed on low volume. For the second consecutive day, the
        Charts by Bridge Info; Source: Bloomberg  -  1,893 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      211 19 NEWS VALUE Japanese-dominated group wins Msl.7b KL airport deal (PR I) Confidence in so-called "infrastructure plays" may never be the same again. US callback operator seeks Asian telecoms partner (pg I) Negative for Singapore Telecom as it goes to show how fast its monopoly is being eroded. Steep fall in
      211 words
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      100 20 r— WT~ TAKE THE EXPRESS TO SUCCESS! Latest Hollywood Business Opportunity J 1 MOVIEXPRESS combines the convenience of an ATM with the popularity of video rentals. A great money making idea. Available 24 hours a day. No customer service staff required, easy to use and highly reliable. Computerised inventory tracking.
      100 words
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      202 21 WT A ■PF^ hf 1 11 E_. f 'IB jfe../ Admittedly, we don't make classic shoes like they used to. HHH We make them more comfortable. C©" The Scholl Way. QD t V® Only the best in materials and comfort technology IZZXZ. is good enough for new Scholl Men's Classic.
      202 words
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      Page 22 Advertisements Column 1
      98 22 THIS CHRJSTMAS, BELOVED TRJE WILL BE BRINGING YOU GOOD CHEEF^ Mulberry ENGLAND OPF N S TODAY AT THE KAF F I IS. v The Mulberry ihop. purvtyvr of classic English fashion, accessories and home furmshines. -'pens it* doors today at #01-24 The Raffles Hotel Shopping Arcade. If you're still draumg
      98 words
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      Page 22 Advertisements Column 2
      305 22 BUSINESS T I M E S TOLL-FREE TEL. No. 1-80Q-741-1883 FAX:74I-1298 Coooers SHARPEN YOUR y ran BUSINESS ACUMEN Director/General Manager China Properties Location: Singapore Attractive Remuneration Package MCS ***** Our client, a large and successful group of companies with a diversified business portfolio, wishes to appoint a Director/ General Manager
      305 words
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      Page 23 Advertisements Column 1
      205 23 This announcement appears for the purposes of record only December 1994 fufiDl InUnJ TUAN SING HOLDINGS LIMITED (incorporated in the Republic of Singapore) RENOUNCEABLE RIGHTS ISSUE of 567,536,916 new ordinary shares of $0.25 each at $0.48 per share on the basis of one (1) new ordinary share of $0.25 for
      205 words
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      Page 23 Advertisements Column 2
      299 23 NEW CENTER NOW OPEN IN PETAUNG JAVA ,1 Hair-Care Service HR If you are worried about your hair you doubtless study every tiny area of your scalp that seems to show through more than it should. You cant be sure, there may not be any problem but then again, it
      299 words
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      Page 25 Advertisements Column 1
      153 25 irrr> a #1 offshore WVI COMPANY SPECIALISTS I With a worldwide team of 125 multi-disciplined I professionals and a network of international I offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including: H BRITISH VIRGIN ISLANDS BAHAMAS IRELAND •WESTERNSAMOA MAURITIUS
      153 words
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      Page 25 Advertisements Column 2
      39 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. y STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday.
      39 words
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      Page 27 Advertisements Column 1
      63 27 To add sparkle to your portfolio, come to the dazzling new Mondial Showroom. Mondial. Now at Ngee Ann City. For g| v all your internationally certified K& j^^^B G.I.A, H.R.D and 1.G.1 diamonds, flßßp |BBH| emeralds and other gemstones. NEW SHOWROOM: Mondial Ngee Ann City 001-16 Takasbimaya Shopping Centre, 391
      63 words
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      72 28 |iS.Upto7o%Financing A Easy approval payment H I g||Scrlpless counters are also acceptable Jlf HnJ TAT LEE FINANCE Doing Your Wmy aB Head Office Tel: 223 9222 Wk Selegle Branch Tel: 338 2097 East Coast Branch Td: 440 6882 lj|k BukltPanlang Branch Td: 769 1907 Holland Branch Td: 469 3835 Geylang
      72 words
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      52 29 THE REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$l(),()()(), now anyone can participate in C hina s developum economy. So to find out more, just call our 24-Hour CitiPhonc Banking on (1800) CREDIT LYONNAIS C///B4A/(© Asset Management Division c i! crirno* r < ilso 0) *****25 n
      52 words
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      17 30 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... ToadMrtnyour AfjpoMsnofits or Notices. cafltot4rae 1-800*741-1883 pTh« SiraiU Tiwaa
      17 words
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      Page 30 Advertisements Column 2
      236 30 IN THE MATTER OF COMPANIES ACT (CHAPTER S«) AND IN THE MATTER OF REYUEN ENTERPRISE PTE LTD (la MemberV Vokiatar? l iquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. (Chapter SO) that the Final General Meeting of the Memben of the
      236 words
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      Page 30 Advertisements Column 3
      645 30 Binnmsmus TQL^*REl^EL^<^so^4l-IBB^^AX-741-12^ THE COMPAMES ACT, CAP 50 URAI MARKETMQ (STORE) PTE LTD (In Member* Voluntary Liquidation) At an Extraordtoary Genera! Meeting of the abovenamed Company duly convened and held at 10 Anion Road #25-15 International Plaza Singapore 0207 on 3rd December 1904 the following Spedol noaoMtono I.RESOLVED thai the Company
      645 words
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      Page 30 Advertisements Column 4
      306 30 THE COMPANIES ACT, CAP., 50 AND IN THE MATTER BANGKOK CHAREONMIT (SINGAPORE) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of Bangkok Chareonmit (Singapore) Pte Lte convened and held at 307 Soonthorn Kosa Road, Bangkok, Thailand on 3rd December 1994, the following special resolution was
      306 words
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      Page 30 Advertisements Column 5
      484 30 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF TOKYO BtSO BUILDING MAINTENANCE (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Ad, Chapter 50. that a Final General Meeting of the abovenamed Company end be
      484 words
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  • Shipping Times
    • Article, Illustration
      Mah urges more cooperation among Asean shipowners
      396 31  -  By Alec Almazan SINGAPORE There should be more joint equity or operational arrangements among Asean shipowners so that they can play a more significant role in international shipping. Minister for Communications Mah Bow Tan said yesterday. Mr Mah noted that "closer cooperation among
      396 words
    • Article, Illustration
      Lock icon Ship in deep water
      53 31 Reuter file photo ROME The Italian merchant ship Siba Foggia which took on water and started to sink off Port Said in Egypt on Monday. Three seamen, two Chileans and an Italian, are missing. Nine crew members were rescued by a Romanian ship in the area.
      Reuter file photo  -  53 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1055 31 Page Col ABC Containerize 18 I Able Shpg 9 4/5 Accord Group 10 1-3 AhlersLine IS 3 Ahrcnkicl Liner 6 1/2 ANL 5 4/5 Antaco Mgmt 19 3 APL 20 1/2 Appcnship 6 4/5 Arabian Express 17 5 ASCL 7 5 Astro Shpg
      1,055 words
    • Article
      PSA renames gates, revises bus shuttle routes
      346 31 SINGAPORE The Port of Singapore Authority will rename its gates due to the recent closure of Gate I and the conversion of the existing Gate 3 into a container stacking yard. Beginning on Jan 1, 1995, the names will be as follows: Gate
      346 words
    • Article
      Lock icon New UN panel to draft safety rules for car ferries
      516 31 Reuter LONDON Seafaring nations decided on Monday to order a panel of experts to draft new safety rules for the world's car ferries to try to prevent disasters like September's Estonia sinking which claimed 913 lives. William O'Neill, secretarygeneral of
      Reuter  -  516 words
    • Article
      Lock icon Newport News to set up joint shipbuilding venture in UAE
      397 31 Bloomberg Business News ABU DHABI, United Arab Emirates Tenneco Inc said on Monday its Newport News Shipbuilding unit and investors from the United Arab Emirates will create a publicly traded company to build and repair ships in the Middle East
      Bloomberg Business News  -  397 words
    • Article
      DAILY FREIGHTS
      1820 32 TRADING began ihc week on a high note with Panamax rates continuing to soar, brokers said. The Baltic Freight Index reached yet another high standing 1.%2 on Monday, up another 12 points. The key U§ Gulf to Japan grain route stood at 2.186. up trom 2.161 with the
      1,820 words
    • Article, Illustration
      Lock icon Asian ports are snapping up gantry cranes
      1766 34 Europe has controlled the largest share of dedicated ship-to-shore container gantry cranes for many years, but is about to be overtaken by Asia as ports there continue to acquire large amounts of new equipment Containerisation International THE current market for ship-to-shore container gantry
      Containerisation International  -  1,766 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        778 35 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departue lurong Port Bjtam Speed4 *****" POIA 0612 2010 0« 1? 21JO Ail 14 B 13 alongs«le 0/ 12 0200 Balan StxwM *****" P01A 07 12 2130 08 12 0130 Batam Bahagia 12 02 94 19
        778 words
      • Article
        CONTAINER SCHEDULES
        1833 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From At, s.a, 14M 07/IMP I* 06 IMP 06 1659 06 1900 Mi Triumph 0059A 08 0200 1* OfiTiwO 06 1659 06
        1,833 words
    • Article
      THE SHIPPING GUIDE
      11614 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name ol the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Pcnang after
      11,614 words
    • Article
      Lock icon Asia's crane manufacturers take the lead
      1401 51 The top slot for the manufacture of container gantry cranes has been wrestled from Paceco's former licensee in the US by Mitsubishi Heavy Industry of Japan, and other Asian producers are rapidly climbing the ranks Containerisation International THE continuing importance of Europe as a
      Containerisation International  -  1,401 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon European airlines post 11% surge in passenger traffic
        468 52 Bloomberg Business News PARIS Passenger traffic on European airlines was 10.8 per cent higher in October from the year before, with seat-occu-pancy rates up 3.2 per cent to 71.9 per cent, the Association of European Airlines said. Freight carriage, or cargo, rose
        Bloomberg Business News  -  468 words
      • Article
        Lock icon Former Clark airbase to be turned into airport
        201 52 Reuter MANILA The former US Clark airbase will be turned into an international airport in three to four years, a senior official said. "There'll be a soft opening by 1997 and a grand opening by 1998," Victor Lim, who heads the state
        Reuter  -  201 words
      • Article
        Lock icon Carmakers9 dream becomes Asia's traffic nightmare
        453 52 Carmakers 9 dream becomes Asia's traffic nightmare Reuter HONGKONG Asia's booming economies are a carmakers' dream, but with gridlocked traffic and chronic air pollution that dream has collided head-on with an environmental nightmare. But for car manufacturers, whose domestic economies are only now struggling out of recession, the new-found spending
        Reuter  -  453 words
      • Article, Illustration
        Lock icon Pile-up kills at least 5
        49 52 Reuter LA BATIE, France French policemen and firemen seen near cars involved in a motorway pile-up where at least five people were burnt to death and seven were injured after a collision between two trucks near the alpine city of Grenoble on Monday Reuter
        Reuter  -  49 words
      • Article
        Lock icon Boeing running behind schedule on 777 testing
        311 52 Reuter SEATTLE Boeing Co has fallen behind schedule on a critical test needed to certify its new 777 jet for long, over-wa-ter flights, company officials said on Monday. But the Seattle-based aircraft manufacturer is still on schedule for federal certification of the jet
        Reuter  -  311 words
      • Article
        Lock icon Continental, Eastern in fight over software rights
        352 52 Bloomberg Business News WILMINGTON. Delaware Continental Airlines and Eastern Airlines, once sister carriers. tried to square off in court on Monday over some family jewels that the poorer relation. Eastern, wants to use to help pay its creditors. Eastern says it is entitled
        Bloomberg Business News  -  352 words
      • LOG BOOK
        • Article
          Lock icon HK vessel impounded in Shanghai
          86 52 AFP SHANGHAI The Shanghai Maritime Court has ordered the detention of a Hongkong vessel to settle a dispute between a garment manufacturer and the shipping company, a newspaper reported on Monday. Xinmin Evening Sews reported that the Panama-flagged Quilting, owned by Hongkong Wenhang Shipping Services
          AFP  -  86 words
        • Article
          Lock icon DHL opens 24-hour service centre
          77 52 Bernama KUALA LUMPUR DHL Worldwide Express Sdn Bhd (DHL) announced the opening of its 24-hour service centre at its headquarters in Petaling Java to service local and overseas customers. The centre will provide customers with round-the-clock facilities to call for pick-ups. to lodge deliveries, and
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          Lock icon China demand for cars up 9% a year
          116 52 Reuter BEIJING Chinese demand for automobiles is forecast to rise at 9 per cent a year in the next 1996-2000 five-year plan, totalling 2.5 million vehicles a year by the turn of the century, the International Business newspaper said on Monday. Over
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          Lock icon Former minister for THAI: report
          97 52 Bloomberg Business News BANGKOK Former Transport and Communications Minister Nukul Prachuabmoh has been approached by ministry officials to become the next board chairman of Thai Airways International pic. The Saturn reported yesterday. Mr Nukul. also a former head of the central bank and the domestic
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          Lock icon Danzas to open Viet office
          52 52 Bloomberg Business News HANOI Switzerland's Danzas AG received a licence to open a representative office in Ho Chi Minh City, the Vietnam News reported yesterday. The transportation giant will be involved in freight forwarding of Vietnamese goods bound for other countries. the paper reported. Bloomberg
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        Lock icon Hyundai applies for tie-up with Mitsubishi
        228 52 AFP SEOUL South Korea's car conglomerate, the Hyundai Group, applied on Monday for government approval of its plan to import technology from Japan's Mitsubishi Autos Corp, a Hyundai spokesman said. Hyundai's application came hours after rival Samsung Group submitted a controversial application seeking technology
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1452 52 citj nm no w no_ Abu Dhabi GA983 0920 GA984 0310 GA895 1240 SQ442 2000 0K510 1620 SQ442 2000 SQ227 2030 A—I— RJI82 1440 RJ183 2225 Amtorttam KL831 1025 KL832 0001 KL831 1035 KL832 2335 GA895 1240 SQ323 1815 SQ324 2230 AacUand NZ21 1710 NZ22 1825
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      70 31 Drager, a SAFETY EQUIPMENT k (SOLAS APPROVED) PA9O MARINE \V| zgur- VZL' HIGH QUALITY HIGH PtRFORMANCE highly atvordablk mmmKKKKMKmm. Draeger South East Asia Pte Ltd 67 Ayer Rajah Crescent #06-03 Singapore OS 13 Tel: 773 2133 Fa*: 773 2033 Tl*: RS ***** DWSING Asian ports are snapping up gantry cranes,
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      Page 31 Advertisements Column 2
      26 31 Lines and services represented by Members of the Registry of Accredited UhQh*) Shipping Agents, Singapore National Shipping Association. For advertising enquiries, contxt Shipping Times. Tel 740-2089/740-2090
      26 words
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      Page 31 Advertisements Column 3
      32 31 VISA FREIGHT SERVICES PTE LTD I If" THE TOTAL TRANSPORTATION PEOPLE "3 1800 *****66 w s EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. BusinessDmes VVO9VAM
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      1949 32 IMPORT.... IMPORT.... I NORTH AMERICA I I OTHER DESTINATIONS I NORTH AMERICA I MWIMUramrcMITMII I TO lATT COAtTIOUTM AMEBIC* ICTYICt I fWAPOWg CAUOWWA PgWW (P—CT PWOM WT COAET) I KSStL yOT STOW LA OAK VCR SEA DM. HOUSTON CMC WT MEXICO CITY VESSEL STOW BUENOS WHS MONTEWXO WO DE lA*
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      400 33 r AJI 1 vvv ■HHHHHH9HHHHBHHHHHI BmBiJH bBSHHHMMHHWHMMMMHMMMH CHIPOLBROK Bringing the SMRT fleet to Singapore is a proud part of our track record k v I 'SiT I\\ I t M/VJIAXING J t. ;< *A v .iv* V it I Mppnpr-. •>^L sTtr'*bl When M/V JIAXING delivered our first lot of
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      2042 35 OOCL is) PTE LTD JARDINE SHIPPING AGENCIES JARDINE SHIPPING AGENCIES SDN. BHD. a w ANL sssssr" oA %:^r po,NT SINGAPORE 0208 esse 0 JA¥A s nzs™ as ssr 2 CFS *****5342 A NL* it's Australian for shipping Wj [MWU. OOCUMENTAT,ON TEL: *****55 ONWARD,/*****90 (OUTWARD, TEL: *****3/4 FAX: *****6 W tou6
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      1453 36 AOABA ROAM/ LE VESSEL VOY NO SPORE JEDDAH (VIA JED) S TON H BURG A WERP HAVRE KAMAKURA 37/148 9/12 27/A2 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 2/1 ELBE ***** 17/12 26/12 2/1 4/1 7/1 9/1 1 1/1 J KAI
      1,453 words
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      Page 36 Advertisements Column 2
      528 36 j£s9l|pjll|pjk IS poce P. Kelang Loading fc* CELTIC 25/12 30/12 Rdm/Atw/UK/Nantes I 'Loads E./W. Malaysia. Indonesia I I Loading for ENERGETIC Dubavßahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba I •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for DONA V Los Angeles/New Orleans/ I Charleston/Norfolk/Camden B OCEAN EVER Los Angeles/New Orleans/ I
      528 words
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      Page 36 Advertisements Column 3
      983 36 I NORASIA WEEKLY DIRECT SAILING T0 HONG KONG, BUSAN KEELUNG ALSO ACCEPTING 10 DALIAN, QINGDAO, SHANGHAI XINGANG (VIA BUSAN) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S PORE GENERAL AGENT NORASIA A6ENCIES (S) PTE LTD ALSO ACCEPTMG LCL TO: 5 TEL:
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      1846 37 H STRAITS SHIPPING PTE LTD 10 Hot Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 new guinea pacific lini G&sskf < A SERVICE OF CHINA NAVIGATION CO) ACCEPTS fgwyy CMGO DUE SAILS C i HAG* ***** VIOC *Ut». Lib. KK to Port 08 Oac CL LCt COMT
      1,846 words
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      Page 37 Advertisements Column 2
      2104 37 mTIQ Singapore Agent: Kwl I I AtlfO liPfC P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe hiang Road. #07-01 keppcl Towers. Singapore 0208 First Class Connections WORLDWIDE 1 J f^oof 4 PNOCSP *K" 225 2 2 7517 EXPORT IMPORT VCSSCL »OY 'WW -sio SM too ANT HOT HAM GOT ME
      2,104 words
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      Page 37 Advertisements Column 3
      306 37 (f£ FAMOUS CONTAINER LINES i 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) j^y?iirT3!TTtmTTr3^BBBBBMnTrTiT»miTTnWJ!TTnTTHTtMBiiM GOTHENBURG/SCAN 12/12 ROTTERDAM 07/12 AARHUS/COPENHAGEN 12/12 HAMBURG/BREMEN 07/12 MARSEILLE/FRANCE 09/12 FELIXSTOWE/UK 12/12 BARCELONA/SPAIN 09/12 LEHAVRE/FRANCE 13/12 GENOA/ITALT 11/12 ANTWERP/BELGIUM 12/12 j i i LOS ANGELES/WC/PI 09/12 STDNEV/MELBOURNE 08/12 NEW TORK/EC 09/12 FREMANTLE/ADELAIOE 09/12
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      Page 38 Advertisements Column 1
      508 38 w JOINT VENTURE VJV SAMUDERA INDONESIA SIR RICKMERS win SINGAPORE CHINA OAS* SfPUtUH VOY 2MB 05 DEC SHANGHAI GREEN ERA VOY 3NB 28 DEC QINGOAO DASA SEPIHUH VOY 3NB 12 lAN XINGANG INDUCEMENT CALL P.KEIANG INDUCEMENT CALL HK. P GUOANG. BELANAN. TG MAN XIAMEN. ZHANGJIGANG > UTAMA HARTA WEEKLY FULL
      508 words
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      Page 38 Advertisements Column 2
      1212 38 <g) HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR ¥Sl SIR UK HAUL TW ID* FOR Kl UN IIK NM. SAY U NYC HMMN fIIWKJH 0141 10/12 OWCT M/ 12 30/12 »r MANW BUS AN 14* 10/12 K KOIUNG OiU 12/1 13/1 15/1
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      Page 38 Advertisements Column 3
      1399 38 I «L w *S6 lit fW MT OS* NET StV ITO I*l OB Ml WfC LIR UM (OH T» MC f» CM Ml W I I a*ru 055 12 12 13/12 II 12 »/12 72 12 20/12 nl2 27/12 2» 12 »12 JO/12 11/1 24/1 2f/l 27/1 C/ 2 7/2
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      Page 39 Advertisements Column 1
      3157 39 SERVICE TO ISRAEL (HAIFA, ASH DO D VIA HAIFA) 4 SARjWi't PfR MONTH Sfmga*orw% G*Mnl Agntt*. rw (Canoral): 22*1900 Site* Booking: Agomcr Oopt: rAtliß CUIDDIUf* OTr irn fai (fiM«rad: 2MIIM CmWiht: <*****1/144 iMott Oporatto* Container ..wi" CU ST Aft SHIPPING PTE LTD Totou: ***** cosmp Cmvm<*om(: *****50 *****46 C Shomton
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      Page 39 Advertisements Column 2
      1344 39 FOR BOOKING 1800-*****00 (TOLL-FREE) OUTBOUND PKI PfN )0H SIN HKG MO TAJ M£ TUT HAG KO6 OS* MOJ BUS WAN MAI ?1? NO? 3 04 1? 0*) 1? 0 G8 08 12 13 12 "777? 1/ TS »u AAO ?1 1? 22/1? ?4 1? ?S 12 MAN HAI ?0j NO6S
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      1199 40 HroriHfflißßEßnHMfffflßn 1 1 phi^^^hi^^Bb I HI S VEBBEL *°I 2"! *"I VESSEL VOY SIN PEW B WANABHUM 257S Wad h»Pt Sat 10/12 KOTA JADE JAOOIB ~Wad |In Pt W I »/12iBl ■gj VESSEL VOY SIM BKK ISRA BHUM 788 Fri _Wad_ J4/12. »IM BHUM 4887 Fri 1/13 S.t 10/12 IM
      1,199 words
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      Page 40 Advertisements Column 2
      1205 40 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********9N STRAITS SHUTTLE SERVICE V PORT KLANG PENANG vessel vor sm pkl vtssti vor s* per SKNTON 9*002* 09 1? *FRI) 11/12 (SlINi MCC CONVtrOR 4001 09 12 (FRI) 11/12 (SUN) St* lAURU 343N 11/12 <SUN| 12/12'MONi ~iouFiifii ?40«6
      1,205 words
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      Page 41 Advertisements Column 1
      1036 41 rrj pacific international lines (PTE) ltd I 140 Cecil Street, #03-00 PIL Building. Singapore 0106. I CR NO: **********06 at [I]|J|j| Bgli aW*l M il l LI ■nryTTj^MßffßggpfgfiwnfyMMWß^ VESSEL VOV SIN BKK SIN VESSEL VOYSIN JKT SIN 81AM BAY (BMT) 10SN 9/12 12/12 16/12 KOTA RAKYAT (UTC2) RKVO47 9/12 12/12
      1,036 words
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      Page 41 Advertisements Column 2
      965 41 VtSStIS VOY "sST It HAW HAtmUBC THAAgS ROITLROAM ANIWtRP Witt 0 AQUS-A «06W 13/1? 04/01 05/01 07/01 01/01 10/01 Win OHYDM HOtW 20/1? 11/01 13/01 15/01 16/01 17/01 Wilt Pt LYBA YO6W 21/12 11/01 20/01 22/01 23/01 24/01 Wilt Dt DUA »0»W __OVOl_ 25/01 27/01 23/01 30/01 31/01 •AISO ACCEPTING
      965 words
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      Page 41 Advertisements Column 3
      593 41 BSA n. wgl MYANMA Wllßk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P.Gdj HP* AN V2O6W 15/17 Dec PAGAN V2ISW 08/10 Dec AVA VI3IW 10/12 Dec 13/16 Dec MALAYSIA AGENTS BOUSTEAO SHPPHG AGENCIES KUI TEI 02-03-*****00 PHI TEL 02-03 *****67 PEN TEL 02 04
      593 words
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      Page 44 Advertisements Column 1
      2037 44 TO EUROPE feeder pkl pen mother m spore uh wim 1 hmi buh m vsi pkl~ spow hkg fusan kobT smmi wco row mi khh BSE D6M 4193/4693 03.12 03.12 NO OCEAMA 2434 0(12 24 12 25.12 2« 12 21 12 2912 NORMAMH 1464" 09 12 10 12 14 12
      2,037 words
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      Page 44 Advertisements Column 2
      1036 44 A I MULTILINE SHIPPING PTE LTD mm (a member of SINSOV Group) CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****99/*****01 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****59 AGENTS: KL:
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      Page 45 Advertisements Column 1
      583 45 *ABMN container LINES, INC I ~l\-/\"| A flent»: MAC-NELS SPORE: *****22 (24 LINES) V 'c/H Hoc **********0 C SIBU (084) *****9 KUCHINQ (082) *****3 PENANG: (04) *****6 BANGKOK (662) *****57 MANILA (632) *****61 P.KELANG: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 ASIA HKG/TWN/BKKI GENOA/EUROPE I PEN PKL SIN 5
      583 words
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      Page 45 Advertisements Column 2
      307 45 I VESSEL VOV SIM MAASIN I ESTEBRUGGE 201N 07 06/12 12-18/12 I TIGER CAPE 01 IN 08 09/12 13 20/12 25 26/12 I CAPE HERMES 202N 09 10/12 15-22/12 27 28/12 1 TIGER BRIDGE 31 IN 11-12/12 17-24/12 29 30/12 I TIGER BAY 124N 13-14/12 19-26/12 31-01/01 I I VESSEL
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      Page 45 Advertisements Column 3
      422 45 1° PONGNAMA LINE CONTAINERISED SERVICE BTRAITB/RLW/INC/BBN mssci imb) sgp m at« ewe mc bsn TII9DU Mi* li/1? II I; iI,U Ml? SMONC llltu MIM I*l2 12 22 12 2) 12 #2 *1 OS 01 MCUOMO Ml* 2S 12 27/12 21 12 0101 12 01 lIUK Ml* till I) 01 M
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      Page 45 Advertisements Column 4
      445 45 PTE LTD TEL: *****33 (12 Lines) ©FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E I® ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL V«HI Voy ETA Loading For Spore Abbay Worn 42W8 18/02 Mombasa. Djibouti Assab Massawa Abbay Worn 43W8 28/03 Mombasa. Djibouti Assab
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      Page 46 Advertisements Column 1
      711 46 ■OBBSsasaa SINGAPORE U.S.A I YEAR END LOADER VESSEL MAERSK ALGECIRAS V. 9501 1 I I DEPARTING SINGAPORE 31ST DECEMBER 1994 CY CLOSING 30TH DECEMBER 1994 2200 HOURS FOR BOOKINGS PLEASE CALL— 228 6611 JENNIFER SIM KAREN CHOO NOORLELA MD ASBAT VERONICA HENG Sea K Land BLACK SEA SERVICE ODESSA/POTI/NOVOROSSIYSK N
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      Page 46 Advertisements Column 2
      597 46 AFGHANISTAN MAM Afghanistan Ltd., Hairatan. Torghundi, Islamqala (Doqharun) C.1.5./RUSSIA; Alma Ala. Ashkhabad, Baku, Dushanbe, Irkutsk, Khabarovsk. Krasnoyarsk, Korsakov, Moscow, Sochi Novosobirsk. Tashkent, Tbilisi, Vladivostok, Voetochny, etc. N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN PKR Ville De Aquilla
      597 words
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      Page 46 Advertisements Column 3
      1129 46 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA 5 SLGS/WEEK K>4U;M:fA7M 3 SLGS/WEEK [VESSEL VOV SIN |JAK VESSEL VOY SIN SUR PANCARAN SINAR 934 IN PORT 08/12 (THU) LUMOSO 956
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      671 47 WgV'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE JCOPTMG BMANBU.K SOC CARGOES TO FROM KOK YOKOHAMA. NAGOTA, PU. TO*tO* MANIA*. DAK AO* r- Penanj* P Kelanj Singapore E Msta* XARABfVERETT V2o€ 2S/29 Dec KAMAL EVERETT V24E 13/14 Jan KARABfVERETT V2IE 21/22 Feb ICCEPTMG BKJMBU.K, FCI SOC CAAGOCS TO/FROM CHTTAGOHG. CALCUTTA HO
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      Page 47 Advertisements Column 2
      218 47 It* GLORY NAVIGATION GROUP to 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 13/12 15/12 GLORY SELATAN VIII 10/12 17/12 18/12 SP KOMPONG SOM GLORY SELATAN VIII 14/12 18/12 SINGAPORE ASEAN TO
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      Page 47 Advertisements Column 3
      570 47 jjbc PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE k* s l I wot I aw mmJT" 1 SAAGOOHA 143-HW 16/1? J%/U 144-HW 29/12 08/01 IS3-HW 01/01 11/01 ISLAMABAD 130HW Q«/oi 1101 •*v *i cai suf rwrj vaici to ■oucaur FAR EAST CONTAINER SERVICE ONLY vessel vot law ImG
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      Page 47 Advertisements Column 4
      716 47 luuyaiillMlilMfl FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSCL/VOV ETA SIN ETA MAA MV PESTOVO V 06 06 08/12 12-13/12 MV SEA DRAGON V DRGO3S 09 10/12 14 15/12 MV PRAVDINSK V.IO 13-14/12 19-20/12 MV BUNGA TERATAI V. TERO23 15-16/12 21-22/12 MV PESTOVO V 07 23-24/12 28-29/12 MV SEA DRAGON
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      Page 47 Advertisements Column 5
      298 47 SIN FAR EAST 8/12 KEELUNG/'KAOHSIUNG 11/12 BANGKOK 11/12 MANILA/CEBU 11/12 JAKARTA/BEL AWAN SURABAYA 12/12 PORT KELANG/PENANG/E. MALAYSIA 11/12 BUSAN 11/12 TOKYO/YOKO/KOBE/NGO/OSA 12/12 HONG KONG SIN CHINA (*lS#±*;tn) 12/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIAN JIN /QINGDAO HAIKOU also accepting LCL cargo SIN EUROPE/UK 11/12 LDN/FLX/LVP/SOU 11/12 RDM/HAM ANT/LEH/GOA/ OSL /GOT/BCN also accepting
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      Page 48 Advertisements Column 1
      994 48 FIXED jgf L j WEEKLY I SAILINGS lm* di II MELBOURNE- j lp GP SHIPPING PTE LTD ill I Call: Kenny/Mas/Peter ■——e^—■^^^^^^^^^^*****eeeeeeieewwmmwewimimiiemeemmemmwwee»iiweeeeeiiwwwevev»eiiveiimiwmmmvvmwwweewv«weweii »w« »v*iw^mwm^j i 11 ii fill r--~"^nmWrmn-«-i-;-~^---~'' i"" <•"" ■*»■■«**.■•<»>■•» Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, USA. GOT CMT Liner Express Agencies Pte Ltd
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      Page 48 Advertisements Column 2
      504 48 P" Conform W CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 11 DECEMBER (Accepting to all N«w Zealand porta) PENANG 9 DEC JAKARTA 11 DEC POUT KLANG 15 DEC BANGKOK 11 DEC MANILA H DEC HO CHI MINH 9 DEC SURABAYA 9 DEC MELBOURNE 10 DEC SYDNEY 10 DEC BRISBANE 10 DEC
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      Page 48 Advertisements Column 3
      920 48 CONSOLIDATION TO BUS AN Singapore I HKs~r forwarder in OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SAN ISA at DID: 770 5014 for bookings NOW!!! yi Singapore 778 6522 *****38/*****36 """"JSEwS*" 00 o*ll Also has offices in:- and logistics services Y lflr MALAYSIA THAILAND PHILIPPINES 3 y JHIT HONG
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      Page 49 Advertisements Column 1
      1436 49 LINE I CONTAINERISED "HUB" SERVICE f- M DIRECT TO ARGENTINA/BRAZIL URUGUAY i VESSEL VOY SIN P. ARENAS USNUAIA BUE MVH>«O SWT W BIRGIT NABER 003E 18/12 22/01 24/01 30/01 01/02 05/02 FRANCISCA SCHULTE 003E 21/01 25/02 27/02 05/03 07/03 09/03 FLORA V 007E 08/02 15/03 17/03 23/03 25/03 29/03 EUROPEAN
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      Page 49 Advertisements Column 2
      387 49 CEYLON SHIPPING CORPN National Une of Sri Lanka COMAINKRISH) SIKVKL 10 IK AND NORTH (OMINtNTAI PORTS ««i |»wlaw[MolmlH<m|nw|n|Mn NOMSU 310 12 HI? 3 1 2 1 3 1 noma* how»OWC wi 3u 12 ni? 71 »/i 101 ft MOIWMtM 4MH Ml? M ?1 23 1 2< 1 HP HMKHICS Mg
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      Page 49 Advertisements Column 3
      848 49 sex CALIFORNIA SATURN 70E' eta sop warn I I arriving LOS ANGELES 31/12/94 IN 16 days 11 HEPTUNE CORAL 18E* eta SGP M/ 12/94 1 NEW YORK 07/01 IN 23da»S H EXPORT I MHOAPORI CALIFORNIA IXWCIS (tCX) TOi Utwc CANADA VESSEL SCP LOS OAK VAN S£T ATL CCC HOD MPH
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      Page 50 Advertisements Column 1
      1546 50 AMERICAN PRESIDENT LINES, LTD. 19 KEPPEI ROAD .02 01 XT POH BUILDING SINGAPOWt 0208 TEL 225 9966 Fj< 221 492?' ALSO OFFERING SERVICE TO/FROM •PRC *CIS 'VIETNAM *EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA A CANADA WEEKLY CONTAINERIZED SERVICE Ittsgi/wng ftw
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      Page 50 Advertisements Column 2
      615 50 JUST DESERTS Legal discourses in digestible portions. The Law Page. Every Thursday. Business Times PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday SINGAPORE r 1 Business Times Wt&OWAOA 44 AS AGENTS "R" LINE (SINGAPORE) PTE LTD (CR HO: **********0M/GST R£G NO: M 2-*****99-6)
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      Page 50 Miscellaneous Column 1
      498 50 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 1 8 24 24 27 25 2.1 1 6 1 3 1.1 12 1 5 20 27 32 3.3 3.1
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      Page 51 Advertisements Column 1
      445 51 STRAIGHT TALK I i its i J *3 You shouldn't have to read B between the lines to get the full picture. ■I EL> Companies Markets. Everyday. m SINOAPORE m ~Y Business Times WIBWAM HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 ~m [PK PGO VESSELS VOY S«
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      Page 51 Advertisements Column 2
      389 51 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE I RORO CARRIER SPECIALIZE IN HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO SO TONS Kssa *ot sm n 1010 m for TRMtSMTO "77" 11/12 12/12 MWARTA U/12. KUCHMG 11/12, EASTERN RUB* 11 1/12 11/12 ORANGE MOON SI U/12 BANGKOK 14/12 COSMIC LEAOCR
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