The Business Times, 14 December 1994

Total Pages: 52
1 52 The Business Times
  • 13 1 Business Times MITA(P) 194/12/94 Wednesday December 14 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • 58 1 Reuter NEW YORK Blue-chips drifted lower at midsession yesterday after profit-taking erased a rally that was fuelled by positive news about the economy. The Dow was off 2.70 points at 3,715.67 at Ipm EST, after touching 3,727.45. In the broader market, advances led declines 11-9 on
      Reuter  -  58 words
    • 41 1 Bloomberg Business News SANTA ANA, California Orange County yesterday authorised its financial advisers to liquidate the county's investment pool as its losses have grown about 33 per cent since last week to US$2.O2 billion (552.9 billion). Bloom-
      Bloomberg Business News  -  41 words
  • 165 1 Stock market indices Tuesday Change STII 2,089.14 -2.55 KLSEComp 900.41 +4.64 Nikkei 18,875.48 -99.62 Hang Seng 7,849.75 +141.97 SET Index 1,305.58 +27.08 Jakarta Comp 447.04 -0.72 CLSA China B 928.51 -9.82 Aust All Ord 1,852.7 +10.7 FTSE 100 Tuesday Previous 1pm EST close Dow Jones 3,715.67 3,718.37 Average
    165 words
  • 581 1  -  By A J Leow SINGAPORE l ocal hotels will be raising their room rates by 5 to 20 per cent from the first quarter of next year. And unlike last year when rate hikes were confined to a
    581 words
  • 561 1  -  By Claire Leow SINGAPORE Five major computer companies here said they would continue to sell computers fitted with Pentium chips, although IBM had announced on Monday that it would stop doing so because the chips were flawed. The five Compaq. Acer,
    561 words
  • 150 1 SINGAPORE An overnight rally on Wall Street helped restore some semblanee of stability in regional markets yesterday. In Singapore, the market made a feeble attempt to eross the psychological support level but failed. Early morning bar-gain-hunting had pushed the Straits l imes Industrials Index higher
    Source: Bridge Info  -  150 words
  • 472 1  -  From Leon Hadar SINGAPORE and Hongkong have the freest economies in the world, and rank higher in terms of economic freedom than the United States and all the Western Europe countries, a new study by a leading conservative research
    472 words
  • 444 1  -  By Ven Sreenivasan SINGAPORE The cost of Certificates of Entitlement (COEs) for almost all vehicle categories has fallen, with luxury car COEs experiencing the most drastic drop of 545.500. After rising steadily for most of the year. January 1995 COEs
    Source: ROV, compiled by BT  -  444 words
  • 333 1 Bloomberg Business News. Reuter, AP WASHINGTON Prices paid to US factories, farmers and other producers rose 0.5 per cent in November the first rise in three months as energy costs surged by the largest amount in almost a year. However, the core rate
    Bloomberg Business News.; Reuter,; AP  -  333 words
  • Page 1 Advertisements
    • 276 1 0 miao \\\(,\A j£ Centrepoinl #01-30 Tel 737 4509 Paragon By Sogo #01-19 Tel: 734 9935 CONTENTS News Companies S'pore News 2 S'poreM'sia 21.23.24 Regional News 3.4.6 Financial 25.26 World News 8.9 Features Markets Analysis 19 dob, KLSE. SES 3032 Editorial 18 Regional 28 Sports 15.1/ Woild 29 TV/ Lifestyle
      276 words
    • 20 1 Focus: Pg 14 The crisis in Chechnya Armstrong Industries plans to list on SES main board next year, Pg 21
      20 words
    • 13 1 Hock Lock Siew: pg 21 /yr Cerebos Pacific's Chinfcfushz Regional markets, Pg 28-32
      13 words
    • 184 1 Line: Pk 20 s shin infrastructure pitfalls S f^jSM 1 KT A*m*M at T OSHKO3H B"OOSH BOUTIQUES: f *1 3' nmi^M «o« 'ifwi 7«a su »MtoC% TitJXMe «r ncirtti)Mrfw*|iiDct TatsMtm So* o»»#4>u*y I Jay Gm em»pnm <H* cM T« ?*4 «*3O Incredible isn't it? But it's easy if you have
      184 words

  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • 301 2  -  By Genevieve Cua RETAINED imports grew at a healthy rate in the first 10 months of the year, in line with the manufacturing industry's strong performance. Retained imports (imports less re-exports) are widely used as an indicator of confidence in the economy because they are channelled into
        Source: Dept of Statistics  -  301 words
    • 238 2 SWEDISH household appliance giant Electrolux will spend $75 million in the next three years on an expansion programme in South-east Asia. It said yesterday it would set up a regional headquarters in Singapore and might eventually apply for OHQ status. The Singapore
      238 words
    • 430 2  -  INDUSTRY UPDATE I EDB year-end briefing highlights outward-looking PLEs with progressive management By Michelle Low MORE: companies have emerged as promising local enterprises this year, reflecting their international orientation and the promise of strong growth, the Economic Development Board said yesterday. This in turn reflected
      430 words
    • 279 2  -  By J Juliette Walker JAPANESE investment would continue to flow steadily into Singapore, the president ot the Japanese Chamber of Commerce and Industry forecast yesterday. But Seiichiro Suzuki said investment would shift from heavy manufacturing towards higher value-added manufacturing, financial services
      279 words
    • 345 2 ~MINISTER"Hvithout Portfolio Lim Boon Heng last night urged union members to show appreciation to their union leaders instead of being quick to criticise them when they delivered less than what was expected. Mr Lim, who is also secrc-tary-general of NTUC, noted that getting good
      345 words
    • 365 2  -  By A J Leow THE government has drawn up guidelines to ensure that new buildings will not affect the character of existing landed housing estates. Senior Parliamentary Secretary (National Development and Defence) Matthias Yao said yesterday people
      365 words
    • 180 2 BISCUIT king Rajan Pillai today begins his defence on 26 criminal charges brought against him by the Commercial Affairs Department. Mr Pillai. 45. former managing director of Britannia Industries Pte Ltd (BIPL), will take the stand to defend himself against 23
      180 words
    • 55 2 Corrections clarifications IN A report yesterday headlined "Pidemco and LKN buy prime Shanghai site for USsloom", we stated incorrectly that the parties bought the land for US$lOO million. This sum is, in fact, the total projected development cost of the project not just the cost of the land alone. We
      55 words
    • 356 2  -  By Soh Tiang Keng NATION ALPAK, a fullyowned subsidiary' of Australia's National Foods Limited, yesterday opened a Sl2 million manufacturing, marketing and distribution plant in Tuas. The plant, which makes plastic carrier bags, refuse bags and bulk film, is the company's first regional
      Photo by Arthur Lee  -  356 words
    • 417 2 SINGAPORE Telecom and 15 other telecommunications operators signed a memorandum of understanding yesterday to study the construction of a third digital fibre-optic cable system linking South-east Asia, the Middle East and Europe. The pact to study the link dubbed SEA-ME-WE 3,
      417 words
  • Page 2 Advertisements
    • 49 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Sen/ices Section on 1800-749-2577. and ask for home or office delivery service.
      49 words

  • SOUTH-EAST ASIA
    • 403 3  -  Legal framework a bid to increase investor confidence By Harish Mehta SINGAPORE Cambodia is drafting a comprehensive oil and minerals law funded by an Asian Development Bank grant, in a bid to increase confidence among oil and resources firms that
      403 words
    • 245 3 JAKARTA The Indonesian government has introduced a regulation allowing 10 operators to serve national radio paging networks. The Jakarta Post yesterday quoted director-general of post and telecommunications Djakaria Purawidjaja as saying the new rule was formulated in November after a government study concluded
      245 words
    • 250 3 Reuter MANILA An unusual private sector funding plan is being devised for the Philippines which could also provide a solution for the massive infrastructure needs of other Asian countries. World Bank officials yesterday said that under the plan, major financial institutions had agreed to
      Reuter  -  250 words
    • 410 3 Reuter JAKARTA Indonesia is set to treble foreign investment approvals for the year after approvals for the first 11 months topped U5523.49 billion (5534.4 billion) compared to US$B billion in 1993, according to figures released yesterday. The Investment Coordinating Board (BKPM),
      Reuter  -  410 words
    • NOTE BOOK
      • 60 3 Reuter HANOI US senator Paul Simon, a Democrat from Illinois, speaking here yesterday at the launch of V-Trac, the sales and service company of US construction firm Caterpillar Inc in Vietnam. With him is an unidentified interpreter. Mr Simon arrived yesterday in the Vietnamese capital
        Reuter  -  60 words
      • 82 3 Knight-Ridder TOKYO The leadership of Keidanren, Japan's blue-chip business organisation, has "strong sympathy" for a controversial Asian economic grouping proposed by Malaysian Prime Minister Mahathir Mohamad, but it is not ready to formally request that the Japanese government back the group. Keidanren managing director Kazuo Nukazawa
        Knight-Ridder  -  82 words
      • 81 3 AP JAKARTA An appeals court has added three years to the original 17-year prison sentence for a business tycoon at the centre of Indonesia's biggest financial scandal, officials said yesterday. Eddy Tanzil, 40, was convicted and sentenced in August for corruption and violating
        AP  -  81 words
      • 91 3 AFP JAKARTA President Suharto yesterday said that Indonesia had no choice but to free up trade and called for every effort in working towards that objective. "We need to be awaic that, whether we are ready or not, capable or not, the free trade system
        AFP  -  91 words
      • 59 3 AFP BANGKOK Thailand is preparing to open its market to more foreign banks, and is likely to offer a "limited" number of branch licences. A central bank official yesterday said the Finance Ministry had already granted 49 offshore banking licences called Bangkok International
        AFP  -  59 words
  • Page 3 Advertisements
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      160 words

  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • 78 4 AFP BEIJING South Korean and Chinese officials struck an agreement yesterday on Seoul's first ever government loan to Beijing. The Xinhua news agency said the 34.5 billion won (SS62 million) loan carried an annual interest rate ot 3.25 per cent and a 20-year maturity period.
        AFP  -  78 words
      • 69 4 Reuter BEIJING The east China province of Shandong has revoked the licences of 224 unqualified Sino-foreign joint ventures. The People's Daily yesterday said that after receiving official approval, the 224 did not bring in capital, start production or operate efficiently according to the terms stipulated in
        Reuter  -  69 words
      • 76 4 Bloomberg Business News HONGKONG China's exports surged 41.6 per cent on the year in November to USS 12.669 billion (5518.5 billion). China's State Statistics Bureau yesterday said imports grew much slower, up 8.1 per cent over the same month last year, to USS 10.3 billion. The
        Bloomberg Business News  -  76 words
      • 91 4 Bloomberg Business News TAIPEI Taiwan President Lee Teng Hui and Premier Lien Chan have agreed on a cabinet reshuffle that is expected to involve nearly half its members. The China Times yesterday said that among the shifts that would occur. Interior Minister Wu Poh Hsiung would
        Bloomberg Business News  -  91 words
    • 207 4 AFP WASHINGTON The United States will take action against China if copyright talks being held in Beijing do not reach agreement by the end of the month, a senior US trade official warned here. "We have told the Chinese' that
      AFP  -  207 words
    • 419 4  -  From Lim Soon Neo in HONGKONG MAINLAND Chinese companies are likely to slow down their investments in Hongkong property next year in the face of a cooling market and the mainland government's austerity measures, a property consultant said yesterday. David
      419 words
    • 40 4 Eastern Express HONGKONG This double-decker bus hit a lamp-post, ran up a bank, spun 18(f around and toppled over in Aberdeen on Monday. All 43 passengers, including the woman driver, were injured, four seriously. Eastern Express
      Eastern Express  -  40 words
    • 325 4 AFP HONGKONG The battered property sector yesterday braced itself for Hongkong's final land auetion for 1994, but analysts said it would have little effect on a cautious market fearing higher interest rates. The government expects two lots in the outlying
      AFP  -  325 words
    • 183 4 AFP BEIJING China is moving to strengthen central control over the country's chaotic and volatile real estate sector a major source of inflationary pressure a senior government official was quoted as saying yesterday. The government will "strengthen and improve" macro-control over
      AFP  -  183 words
  • Page 4 Advertisements
    • 158 4 NAt Federal Express we take a highly balanced view of all we do. Which is why we believe in shipping heavy freight with the same efficiency and speed as smaller packages. Simply because that's the way the real world operates. For example, what good is shipping a customer's software across
      158 words

  • Page 5 Advertisements
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      396 words

  • REST OF ASIA
    • 505 6 Some concern over use of public funds to bail out troubled firms Reuter TOKYO Japan's trade minister yesterday attaeked a central bank-led rescue of two troubled credit firms in remarks which analysts said in part reflected concern about using public
      Reuter  -  505 words
    • 395 6 Reuter TOKYO Japan will greet the new year with guarded optimism that the dark days of its worst post-World War II slump arc over and the economy is headed for recovery. But executives and economic planners still have plenty
      Reuter  -  395 words
    • ASIA NOTES
      • 76 6 AFP SYDNEY A Sydney university has been bitterly attacked by academics here for accepting a As 2 million (552.3 million) grant from a foundation set up by Japanese gambling tycoon and alleged war criminal Ryoichi Sasakawa. Two of Macquarie University's own professors protested about its
        AFP  -  76 words
      • 30 6 AFP TOKYO Israeli Prime Minister Yitzhak Rabin trying out a new model video camera during a visit to Son> C orp s headquarters here yesterday. AFP
        AFP  -  30 words
      • 90 6 AFP COLOMBO President Chandrika Kumaratunga yesterday announced a special police unit to deal with wildcat strikes plaguing Sri Lanka's private sector following her victory at parliamentary elections four months ago. Ms Kumaratunga, in a statement issued after a discussion with 15 top business executives,
        AFP  -  90 words
      • 88 6 AFP TOKYO Japan s private sector machinery orders in October fell 1.8 per cent from the previous month, reversing a one per cent growth in September, the Economic Planning Agency said yesterday. The machinery orders excluding orders for ships and from electric power companies, which
        AFP  -  88 words
      • 76 6 AP SEOUL Farmers used 90 trucks and cars to block a major highway yesterday to demand that South Korea stay out of the Uruguav Round global trade pact. The protesters destroyed a police car, and 15 were arrested during the hour-long demonstration. The farmers
        AP  -  76 words
    • 294 6 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao meets party leaders beginning today following a debacle in state polls to consider growing demands for subsidies and to decide how to muzzle dissidents. The spokesman for Mr Rao's ruling Congress
      Reuter  -  294 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
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  • THE WORLD
    • WORLD WATCH
      • 91 8 AFF BRASILIA The Supreme Court acquitted ex-president Fernando Collor de Mello on Monday, saying there was insufficient evidence to find him guilty of massive corruption when in power. The 8-3 vote ends a long and volatile battle for the former president, the first chief executive
        AFF  -  91 words
      • 68 8 Reuter LONDON The British government said yesterday it would not appeal against a High Court ruling that it acted unlawfully in authorising £234 million (***** million;aid for the controversial Pergau dam project in Malaysia. British Foreign Secretary Douglas Hurd told parliament the government
        Reuter  -  68 words
      • 87 8 Reuter LONDON Prime Minister John Major, battling to repair a split in his ruling Conservative Party over Britain's European policy, said on Monday he may call a referendum on the future development of the bloc. "The circumstances may be appropriate to have a referendum, and
        Reuter  -  87 words
      • 83 8 Reuter PARIS Former French prime minister Antoine Pinay, father of the modern franc, died yesterday in his hometown of Saint Chamond, aged 102, officials said. Pinay was credited with snatching France twice from the verge of post-war financial ruin through austerity measures, earning the
        Reuter  -  83 words
    • 460 8 AFP PARIS External debt held bv developing countries rose bv US$75 billion (Sslo9 billion) in 1993, mainly through commercial finance, hitting a year-end total of U551,629 billion. The OECD's Development Assistance Committee (DAC) yesterday said a group of 10 fast-growing Asian and
      AFP  -  460 words
    • 450 8 Reuter MILAN Italian Prime Minister Silvio Berlusconi, protected by tight security, met Milan's elite team of "Clean Hands" investigators yesterday to be questioned over alleged corruption in his business empire. The billionaire tycoon was driven to the city's court house in a steel-grey limousine accompanied by
      Reuter  -  450 words
    • 58 8 AFP LONDON The Three Graces was back in the limelight in London at the Victoria and Albert Museum on Monda>. I he £7.6 million (5517.4 million) 19th century white marble statue depicting Jupiter's three daughters in a scantily clad embrace was back on display at the
      AFP  -  58 words
    • 222 8 Reuter BRUSSELS A trans-Atlan-tic row is brewing over demands from Washington for compensation to offset the trade effects of the enlargement of the European Union to 15 members on Jan 1, EU and US officials said yesterday. Under world trade rules
      Reuter  -  222 words
    • 333 8 CASABLANCA The world's foremast grouping of Islamic states is bogged down in polities and needs a good dose of free-market medicine to solve its problems. Asian delegates to a two-day summit meeting said here. Saodah B A Syahruddin, an economics specialist from Indonesia's
      333 words
    • 484 9 Bloomberg Business News NEW YORK US multinationals are at a competitive disadvantage with many of their European counterparts because of onerous tax laws here, according to the director of Ernst Young's international tax practice. Many countries with growing economies hope to lure
      Bloomberg Business News  -  484 words
    • 350 9 FT LONDON A radical plan for a new system of employee rights involving the creation of workplace committees at British companies employing more than 100 workers has been drawn up by the TUC. Union leaders believe the blueprint, representing
      FT  -  350 words
    • 124 9 Reuter DUBAI Saudi Arabia will face short-term spending cuts but its huge oil reserves and infrastructure will ensure continued economic strength, the kingdom's central bank governor told King Fahd on Monday. Maintaining a strong economy required "sacrifices and additional efforts in the short term",
      Reuter  -  124 words
    • 52 9 Reuter BRUSSEIi* European campaigners opposed to the use of a milk hormone placing a giant inflatable cow in front of the European Council building here on Mondav. EU ministers were holding talks to decide on the request by pharmaceutical firm Monsanto to put the milk hormone on the
      Reuter  -  52 words
    • 276 9 Reuter KIEV President Leonid Kuchma sacked Ukraine's top energy official on Monday for failing to make payments on arrears of U*****.5 million (551.05 billion) owed for gas supplies from Turkmeniya. Mr Kuchma said Ukraine had on Sunday made a USS4I million payment to the
      Reuter  -  276 words
  • Page 8 Advertisements
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    • 416 8 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service. I
      416 words

  • Page 9 Advertisements
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  • Page 11 Advertisements
    • 1694 11 To put it anotker way; of all tke killions At Martell, kowever, tke Spiders Union is Tkat may well ke so, kecause as tke oak karrels, area. A very small, and extraordinarily keautiful of grapes picked in France every year, a mere working overtime ckomping on our enemies, setting full
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  • Page 12 Advertisements
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    • 407 12 Vietnamese food From 10 to 19 December, Chatterbox will present authentic Vietnamese specialities in the Vietnamese Food Promotion. Prepared and cooked by chefe from Hotel Sofitel Metropole, Hanoi and flown in by Singapore Airlines, come savour these special dishes. Available for lunch and dinner. Singapore 333 Orchard Road, Singapore 0923.
      407 words

  • LIFESTYLE
    • 780 13  -  Vernon Scott learns how the American-Chinese actor discovered his ethnic roots Vernon Scott UPI YOUR name is Russell Wong and you were reared in an upstate New York town where Asians are as rare as sunny days in January. You're different because you look different. Your
      UPI  -  780 words
    • 243 13 Reuter HE MAY be embroiled in one of America's most sensational murder cases, but for the Boring Institute the flood of stories about O J Simpson has become, well, a little dull. The Maplewood, New Jersey organisation said on Monday the former
      Reuter  -  243 words
    • 375 13 UPI A BRITISH COLUMBIA University on Monday published its list of the 10 most offensive books of 1994, including OJ Simpson. American Hero. American Tragedy. and Everyone Poops. Simon Fraser University book buyer Joann Field said the list began as a weekly joke two
      UPI  -  375 words
    • 146 13 CHATTERBOX AP Reuter AP HER DAD, Ronald Reagan, might not appreciate the gesture but when has that ever stopped her? Patti Davis. 41, will appear in an I 'd-rather-go-naked-than-wear-Jiir ad. It will feature Reagan's rebel daughter seated naked, with legs crossed and a puppy
      AP; Reuter  -  146 words
  • Page 13 Advertisements
  • Page 13 Miscellaneous
    • 1137 13 I TV RADIO Night Mother, 10pm, Ch 12 1 1 \\l Sissv Spacck chooses Mum's M I 1 m'\ (Anne Bancroft) house as the B f J I A place to end it all. This 1986 I Jpßfilm only shows us how mi sera- faCli^FWP\ ble she is. so there's
      1,137 words

  • WORLD FOCUS
    • 689 14  -  The Chechnya crisis Reports from John Helmer in MOSCOW THERE were signs in Moscow that President Boris Yeltsin and his advisers may have been led into a trap by ordering a military push into the rebel republic of Chechnya. The political damage
      Reuter  -  689 words
    • 529 14 CHECHENS like to think of themselves as descended from a powerful kingdom of the 10th century BC. In fact, their mountainous isolation has kept them in a backwater for centuries, while their nine clans squabbled among themselves or with their neighbours for the few
      529 words
  • Page 14 Advertisements
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  • SPORTS
    • 400 15 National Football League NYT NEW YORK Never in the history of the National Football League has the playoff picture been so muddy so late. A week ago. 25 of the 28 teams remained in the playoff picture. Only the Washington Redskins, the Cincinnati Bengals and the
      NYT; AFP  -  400 words
    • 827 15 NYT SAN DIEGO It is Christmas already in Cleveland. In Pittsburgh, where the Steelers await the Browns on Sunday in a match for divisional supremacy, their fans sure feel like this is the 70s and a championship is once again ringing in the
      NYT; Reuter  -  827 words
    • 493 17 NYT ATLANTA Monaco's Prince Albert, the only athlete on the 101-member International Olympic Committee, called on Monday for a lifetime ban for athletes who test positive for banned substances. The prince also admonished the lOC over its efforts at doping control,
      NYT  -  493 words
    • 465 17 AFP BEIJING The Chinese Olympic Committee (COC) spelled out on Monday a range of sanctions that will be imposed on four more Chinese athletes who tested positive for drugs at the Asian Games in October, but it strongly denied the existence of any doping
      AFP  -  465 words
    • 349 17 AP SACRAMENTO. California With a new emphasis on defence to go with new team colours. the Sacramento Kings are suddenly competitive. A 10-8 record, including 4-1 in their past five games, may not excite fans in Phoenix or Houston, but it is
      AP; Reuter  -  349 words
    • SPORT SHORTS
      • 106 17 Bloomberg Business News NEW YORK Sports llluMralcii will give a behind-the-scenes look at the making of its famous swimsuit issue in a syndicated television special. The programme will run in December 1995. The national sports magazine's swimsuit issue is known lor attractive models and skimpy bikinis. The magazine,
        Bloomberg Business News  -  106 words
      • 529 17 Reuter MIAMI Dan Marino threw a pair of touchdown passes and ran for another score on Monday as the Miami Dolphins used a third-quar-ter explosion to trounce the Kansas CitV Chiefs 45-28 and clinch a playoff berth. Miami, with coach Don Shula perched on a golf cart on
        Reuter  -  529 words
      • Article, Illustration
        215 17 NKW U)Rk NBA Monday: New Jersey 128 Orlando 101: New York 111 Miami 122: Boston 113 Denver 103: San Antonio 122 Washington 101: l)tah 101 Portland 89: Phoenix Golden State 84. Standings (W I. Pet GB Eastern Conf. Vtlantie: I Orlando I s 4 .789 2 New York II
        215 words
      • Article, Illustration
        215 17 AFP CHANDIGARH. India West Indies set India 358 runs to win the third and final test yesterday when they declared their second innings at 301 for three in the final session of the fourth day. West Indies need to win the match to square the rubber and avoid their
        AFP  -  215 words
  • Page 15 Advertisements
    • 185 15 Information Evening Macquarie University Graduate School of An information evening will be conducted by Management proud to offer its 4th intake Macquarie academics on Monday, of the Master of Business Administration 28 November at program in Singapore. Taught face-to-face West n a2a Hotel, by Macquarie academics this 2-year, pan- For
      185 words
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    • 406 17 INFiilline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The SAGITTARIUS Fortune; Win Prizes! Entertainment News 8451 Juicy News Of Kelly 1* Brink. Surah Ferguson. Leonardo Di Cappio. Steven Seagal <& Tom Cruise Ghost Stories 8452 ,Vfu: Transformation; Win Prizes' Children's Funland 8453 Jade Fmperor learns OfWukong's Misdeeds
      406 words

  • 558 18 EDITORIAL IT'S EASY to see why the drubbing that India's ailing Congress Party received in the recently concluded elections in the southern states ot Andhra Pradesh and Karnataka has set off alarm bells in New Delhi. The extent of the defeat has left senior party leaders
    558 words
  • WHAT THE OTHERS SAY
    • 371 18 IN RECENT years, tertiary-level students have been encouraged to run up overdrafts and other loans. Banks view them as a market worth developing, especially when the borrowers are most likely to become tomorrow's top earners, providing a lucrative customer base. Perhaps the banks are
      371 words
    • 99 18 MOTORISTS tend to drive faster than the speed limit, especially on highways, for a number of reasons: to release their frustration after being stuck in a road jam. to reach their destination on time, or for sheer pleasure. But this habit must be curbed. The installation
      99 words
    • 117 18 THE defeat of the United Nations draft resolution calling on all nations to abolish capital punishment by the end of the decade shows once again that differences in values do exist among countries. But its significance goes beyond this it shows a change in attitude
      117 words
    • 176 18 IT IS too early to be certain what caused the explosion on board a Philippine Airlines jet headed for Japan yesterday, but it is not too early to condemn Manila's lax approach to the safety of air travellers and the terrorist group that claimed responsibility. Anyone who has
      176 words
    • 137 18 THE annals of diplomacy arc peppered with lessons in which reluctant powers are pushed over the brink they had worked so diligently to stay clear of. For Bosnia, the world powers by trying to prevent a situation from getting worse without trying to resolve it have helped
      137 words
    • 158 18 CONTROVERSY and the PT Chandra Asri Petrochemical Centre seem to be inseparable. The latest one was set off when the company told the House of Representatives last week that the plant would not survive if its products were not protected trom imports by tariffs of between
      158 words
  • 1280 18  -  In the struggle over Bill Clinton's political soul, the Right appears to he gaining ground. Leon Hadar reports Leon Hadar The writer is BT's Washington correspondent YOU cannot blame the average American television viewer for failing to notice that President Bill Clinton and 33
    1,280 words
  • Page 18 Advertisements
    • 489 18 The Straits Times OUB Newsmakers Of The Year Contest Choose your own top five newsmakers from the ten names given below. Tlien call l-900-84(V8464* and an electronic message will take your call. Just follow the instructions and key in the codes for tlie newsmakers of your choice. -m ITie top
      489 words
  • Page 18 Miscellaneous
    • 56 18 I vou P\R& LfrUGHTeR *ve JvJS T So£>i Sifc TUINK F\ PTULTi-J .r -f«RV tef£ e 7 r> CORRIDOR My v>JOß[>, He LR#V Hp« v-iis <s y r> fP, v -v uwcp^^nv' V| V. ASSOC.ATEO NEWSPAPERS LTO.IHMW4 DOONESBURY GARRY TR u pEAU %m mt LJ ™H Z i^Hsasyi 5St/a£ A
      56 words

  • REGIONAL ANALYSIS
    • 1535 19  -  Power projects in Indochina HARISH MEHTA HARISH MEHTA The writer is BT's Indochina correspondent CAMBODIANS are looking to Ith Praing to banish darkness from their cities with a flip ot a toggle switch. To accomplish this herculean task. Mr Praing, who is the Secretary
      1,535 words
    • 1231 19  -  The country is already meeting its power needs and soon may have a surplus capacity, says Harish Mehta Harish Mehta IN A short time, war-ravaged Vietnam has moved from being a country of acute power shortages to one which manages to meet its
      1,231 words
  • Page 19 Advertisements
    • 231 19 NEW CENTER NOW OPEN IN PETALING JAYA If you are worried about your hair you doubt/ess study every tiny area of your scalp that seems to show through more than it should. You cant be sure, there f y may not be any problem but then again, it could be
      231 words

  • 122 20 Reuter BEARISH SENTIMENT has hit both the Karachi and Bombay stock exchanges. In KARACHI (above), floor brokers were seen keeping the stock exchange alive yesterday despite the low trading volumes on Monday. Investor confidence has been shaken because of uncertainty over Pakistan's political situation
    Reuter  -  122 words
  • 495 20 Call for offshore shipping centres to facilitate trade Reuter. AEP TAIPEI The man tipped to become Taiwan's top policy maker on China yesterday said that Taipei should consider relaxing its stance towards its adversary of 45 years. Vincent Siew. expected to become
    Reuter.; AEP  -  495 words
  • 377 20  -  From Anthony Rowley in TOKYO JAPANESE Prime Minister Tomiichi Murayama yesterday announced the formation of a cabinet-level committee to examine the "hollowing out" of Japanese industry as more companies shift production facilities offshore. Mr Murayama told a cabinet meeting Japan was having
    377 words
  • 388 20 Bloomberg Business News WASHING lON The Securities and Exchange Commission yesterday approved rules designed to make it easier for foreign companies to meet US disclosure standards when listing on US exchanges. In a public meeting, the agency
    Bloomberg Business News  -  388 words
  • 357 20 Reuter GROZNY, Russia Russian troops backed by warplanes fodght fierce battles yesterday with Chechens in a sharp upsurge of fighting for control of Chechnya's capital Grozny. Russian soldiers and tanks, trying to crush the southern region's three-year-old bid for independence from
    Reuter  -  357 words
  • 865 20  -  The Bottom Line SN VASUKI SN VASUKI The writer is a BT correspondent specialising in regional infrastructure THE ASIAN infrastructure bandwagon is getting dangerously overloaded. And the ultimate irony is that companies that genuinely need capital to finance power or telecommunication projects are getting
    865 words
  • 425 20 Reuter, Bloomberg Business News WASHINGTON The US economy has a "good deal of momentum" and seems to be growing faster than expected, but it is likely to slow next year as higher interest rates begin to bite, a
    Reuter,; Bloomberg Business News  -  425 words
  • 253 20 Reuter, AP BANGKOK Prime Minister Chuan Leekpai's Democrat Party will take over the all-im-portant interior ministry in a cabinet reshuffle caused by the defection of a coalition partner last week. Party officials yesterday said Sanan Kachornprasart, now Industry Minister, will take over the
    Reuter,; AP  -  253 words
  • Page 20 Advertisements

  • COMPANIES & MARKETS
    • 420 21  -  By Michelle Low SINGAPORE Homegrown precision die-cut component and rubber parts maker Armstrong Industries is working towards a main board listing next year to finance its expansion plans. While it has yet to file an application to the Stock Exchange of
      420 words
    • 317 21  -  Two are for condo development, the other a multi-purpose complex By Schutz Lee SINGAPORE Four companies yesterday announced their successful bids for three land parcels from the Housing and Development Board, two for condominium developments and one for a multipurpose complex. The
      317 words
    • 243 21 SINGAPORE Nat Steel said yesterday it had lodged a formal complaint with the Ministry of Finance against Malaysian bar producer Amalgamated Steel Mills for allegedly dumping reinforcement bars in Singapore. Nat Steel said it had evidence that ASM exported reinforcement bars to Singapore at
      243 words
    • 720 21  -  HCfCKLOCK SiEW By Lee Han Shih SINGAPORE Another year, another reeord profit. If not for the faet that its shares are thinly traded. Cerebos Pacifie Ltd would have been the most sought after listed food eompany
      720 words
    • 294 21 SINGAPORE Despite poor retail demand for its public offer tranche. ITE Electric has managed to achieve an overall subscription rate of 1.06 times for its initial public offering. Of the 11 million new shares being tloated. 8.25 million shares were offered
      294 words
    • 183 21 SINGAPORE Listed WBL Corp has denied a BT report on Monday that its subsidiary. Wearnes Technology, is trying to sell off half of its CD-ROM business for USS4O million (SSS9 million). A WBL statement said that chairman I F Tang had not issued any circular saying
      183 words
    • EYE on your STOCKS
      • Article, Illustration
        42 21 Mixed 'Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Baring. GK Goh. Morgan Grenfell. OngCo. Nomura. Phillip. Smith New Court. WI Can and SG Warburg.
        42 words
      • Article, Illustration
        147 21  -  -By Paul Leo Tongkah Holdings has been trading between $2.00 and $3.20 since March and is likely to continue to do so in the medium term. The five-week and 15-week moving average lines are criss-crossing each other in the middle of the range, indicating a consolidation pattern. However,
        147 words
    • COMPANIES
      • 393 23 First step to other derivatives and an over-the-counter ringgit bond market Bernama KUALA LUMPUR Call warrants are expected to be issued and traded on the local bourse in January, says Securities Commission executive chairman Munir Majid. "We already have received a few applications to
        Bernama  -  393 words
      • 491 23 Singapore Unit Trust uob Asset Mgt Ltd 50 59 Umfund 135 M2 S'porc Prog Fund 0.57 061 Unbend* 04 1 065 S pore Set Fund 0 92 0.98 ji t l?rl S pore Invest Fund 1.13 I 20 United Asia Fund 1.54 l.62<» S'porc Equity Fund 0.69 0.73xd (JOB [_jfg
        491 words
      • 158 23 Bernama KUALA LUMPUR United Malayan Flour Mills Bhd (UMFM) sees difficulty in maintaining its profit level due to the substantial increase in wheat prices compared to a year before and the highly competitive nature of export markets for cereal products. Its managing director
        Bernama  -  158 words
      • 306 23 MBT KUALA LUMPUR Electcorns, the first local company to secure a paging licence in India, has pulled out from the consortium undertaking the project, citing "uncertainties" over its viability. Electcoms' decision was followed by the withdrawal of Singapore consortium member Steamers Telecommunication,
        MBT  -  306 words
      • 272 23 Bernama MALACCA Hicom Indungan Sdn Bhd. a subsidiary of Hicom Holdings Bhd, has signed a sales and purchase agreement with the Malacca State Development Corporation (MSDC), to acquire 292 hectares in the Pegoh industrial zone, in Alor Gajah, tor the first
        Bernama  -  272 words
      • 190 23  -  From Al Labita in MANILA THAILAND'S Siam Tyre Public Co Ltd is acquiring the assets of Philippines-listed Philtread, which produces tyres for US tyrc-inanufactur-cr Firestone. The purchase was revealed in a disclosure report submitted yesterday by Philtread president Harry McMillan to the
        190 words
      • COMPANY BRIEFS
        • 85 23 SINGAPORE The Stock Exchange of Singapore yesterday announced the make-up of its committee for 1994-95. with only one change from the previous group. Tan Lee Meng. deputy vice-chanccllor of the National University of Singapore, replaces Philip Pillai of law firm Shook Lin Bok. The SES
          85 words
        • 50 23 SINGAPORE Berger International's subsidiary. Berger Paints Singapore, has been awarded a $6.32 million contract by the Jalan Besar Town Council for repairs and redecoration of 18 blocks. The contract is expected to start this month, but most of the work is scheduled for 1995.
          50 words
        • 52 23 Bernama KUALA LUMPUR Diethelm Holdings (Malaysia) Bhd. a subsidiary of Switzerland's Diethelm Holding Ltd, ended its first trading day on the Kuala Lumpur Stock Exchange yesterday with a 76 per cent or M 51.36 (77 S cents) premium over its offer price at M
          Bernama  -  52 words
        • 77 23 Reuter KUALA LUMPUR Berjaya Group Bhd shareholders approved the sale of 260.7 million shares of associate company Intiplus Bhd to the group at an extraordinary general meeting held yesterday. The sale of one Intiplus share for every two Berjaya shares is part of a rescue
          Reuter  -  77 words
      • 463 24 Bloomberg Business News HONGKONG In a first for Hongkong, the territory's securities watchdog panel has applied to the high court to have the troubled MKI Corporation wound up. The Securities and Futures Commission said it took the action because the company
        Bloomberg Business News  -  463 words
      • 433 24 Conduct of Cooper directors in fraud investigation used as example Bloomberg Business News WASHINGTON Corporate directors who learn of manage-ment-led fraud must ensure that any company statements on the subject are accurate and complete, the Securities and Exchange Commission said in a special
        Bloomberg Business News  -  433 words
      • 61 24 Reuter HANOI A Vietnamese transporting goods past a huge banner at the Opera House here announcing the opening of Caltex V ietnam's representative office. The I S oil company, which operated in Vietnam from 1936 until 1975, is re-entering the V ietnamese market with the opening
        Reuter  -  61 words
      • 210 24 Los Angeles Times Washington Post NEW YORK General Electric Co's board will explore the possibility of a merger of NBC with Turner Broadcasting Corp at a meeting on Friday with NBC executives, sources confirmed on Monday. The meeting is one of
        Los Angeles Times; Washington Post  -  210 words
      • 362 24 Bloomberg business News WASHINGTON International Business Maehines Corp must, for the second time, fight an anti-trust lawsuit by a computer services company, according to orders issued by the Supreme Court yesterday. The justices rejected IBM's appeal of a lower-court ruling, which
        Bloomberg business News  -  362 words
      • 281 24 Reuter HONGKONG Microsoft Corp needed eight months to sweeten its soured relationship with Beijing but the United States software giant is betting their new-found rapport will mean official support in developing the China market. "The participation of the government
        Reuter  -  281 words
      • COMPANY BRIEFS
        • 75 24 Reuter HONGKONG Wharf Cable Ltd said it had signed an agreement to carry data and information from three financial and information companies on its 24-hour financial text service for Hongkong viewers from January. The service will provide realtime data and information on stocks from
          Reuter  -  75 words
        • 64 24 Bloomberg Business News TOKYO Intel Corp. the world's largest maker of semiconductor chips, will close down a chip design centre in Japan because the company no longer saw a need to develop products specifically for Japanese users, a spokeswoman said. The spokeswoman said Japanese
          Bloomberg Business News  -  64 words
        • 54 24 AFP TOKYO Standard Poor's Asia Ltd upheld yesterday its credit ratings for Sony Corp and three of its subsidiaries, but issued a negative outlook for the Japanese electronics giant. "The rating outlook reflects continuing uncertainties over the financial health of the picture business." the
          AFP  -  54 words
      • 103 24 Reuter SYDNEY QBE Insurance Ltd yesterday said it plans to enter a strategic alliance with Kemper International Corp and that both companies intend to establish a joint venture. The alliance involved reciprocal servicing and development of multinational business by both parties. QBE said in a
        Reuter  -  103 words
    • FINANCE & COMMODITIES
      • 381 25 FT LONDON British banks will have to hold additional capital to cushion them against market movements, such as rising interest rates, under proposed rules intended to bring the UK into line with a new European directive. The proposals, drawn up
        FT  -  381 words
      • SMALL CHANGE
        • 99 25 Knight-Ridder HONGKONG China's central bank on Monday announced a hike in the subsidy rate for long-term savings deposits in order to reassure bank customers their savings will not be eaten away by the country's high inflation, the official Xinhua News Agency reported yesterday. The
          Knight-Ridder  -  99 words
        • 65 25 KnightRidder BANGKOK Thailand may offer more offshore banking licences in 1995 but the decision depends on a performance review of banks now holding the licences, the Bangkok Post said yesterday. The licences issued under the Bangkok International Banking Facility allow the banks to lend
          Knight- Ridder  -  65 words
        • 64 25 Reuter HANOI Thailand's Bangkok Bank will open a branch in Hanoi next week, becoming the second foreign bank to have two branches in Vietnam, bank officials said yesterday. The bank, which set up its first branch in Ho Chi Minh City in 1992, announced
          Reuter  -  64 words
      • 259 25 NYT MUNICH Bayerische Vereinsbank on Monday rounded off the autumn reporting season of Germany's big banks by producing results which showed a greater resilience to this year's tough trading conditions than most of its competitors. In spite of a collapse in profits
        NYT  -  259 words
      • 219 25 SINGAPORE Indonesian petrochemicals manufacturer FT Petrowidada has raised two loans totalling US$44.B million (5565.8 million) in the Asian dollar market. The loans, signed in Jakarta yesterday, were arranged by Singapore-based merchant bank Wardley l td. The first is a seven-) ear outstanding
        219 words
      • 338 25 NYT LONDON To complete their proposed merger. Morgan Stanley and SG Warburg Group must still negotiate a number of issues, and the most difficult may be the fate of Warburg's fund-management subsidiary. Mercury Asset Management, say analysts and people involved in the deal.
        NYT  -  338 words
      • 311 25 Orange County financial crisis Reuter, Bloomberg Business News CHICAGO The effects of the Orange County financial crisis have begun to ripple into the Midwest, as banks, investment banking firms, investment trusts and insurance companies rush to determine their exposure. Among those with
        Reuter,; Bloomberg Business News  -  311 words
      • 507 26 Reuter HANOI Vietnam, seeking more investment capital, is banking on selling more domestic Treasury bonds and inching towards its first international bond issue, bankers and officials say. Le Thi Bang Tam, general director of the State Treasury, savs an international
        Reuter  -  507 words
      • 466 26 Lower provisions for loan losses boost figures Bloomberg Business News WASHINGTON Earnings by the US thrift industry rose to US$l.5 billion (552.2 billion) in the third quarter of this year, as lower loan loss provisions offset a slight decrease in interest rate margins.
        Bloomberg Business News  -  466 words
      • 406 26 Reuter SINGAPORE South-east Asian rubber prices, led by Indonesian tyre grades, will stay firm this week to extend a year-end rally on the back of tight raw material supplies and a spurt of Western offtake. Traders said Indonesia's SIR2O rubber prices, helped by
        Reuter  -  406 words
      • 233 26 Reuter VANCOUVER Australia's Broken Hill Proprietary Co Ltd and Dia Met Minerals Ltd said they were expanding their plans for a diamond mine in Canada's Arctic. The two companies released on Monday a revised proposal for a mine at Lac de Gras in
        Reuter  -  233 words
      • 235 26 Knight-Ridder SYDNEY The Australian state of Queensland, which produces 95 per cent of the nation's raw sugar, has notched up its third consecutive year of record production. The Queensland Sugar Corporation yesterday released final figures showing the state produced 4.68 million
        Knight-Ridder  -  235 words
      • 431 26 Bloomberg Business News SAO PAULO Citibank could sell as much as US$2 billion (552.9 billion) in bonds it received in a swap of Brazilian debt in April to buy stakes in state assets the government is expected to sell, the president
        Bloomberg Business News  -  431 words
      • 295 26 Bloomberg ENERGY REPORT LONDON Crude oil futures were little changed after declining for two sessions on the back of a 3.1 per cent plunge in US petrol values. Oil traders were cautious before last night's weekly inventory and production report from the American Petroleum Institute,
        295 words
      • 191 26 Reuter LONDON The dollar was making little effort to break out of narrow ranges in the morning session as plavers quietly awaited the first of this week's swath of US economic data. "The dollar is a touch softer as markets anticipate a PPI figure which would give the
        Reuter  -  191 words
      • 86 26 AFP NEW YORK The dollar was up against other major currencies in active early Wall Street trading Tuesday following the publication of the November inflation figures. The ounce of gold meanwhile was up USSI.SO at U*****.00 and ounce. Shortly after trading opened, the dollar was at 1.5735 German
        AFP  -  86 words
      • Article, Illustration
        1583 26 I lailf -nrtxhutl inji ixik iilaliil aqainu S'l*i»«' I«l> 14 ira Jinx pairntry &i«' i»«r US$/S$ forward rates Noon Dec 13 s$ Bid Offer 1-month ***** 1.4633 2-month ***** 1.4621 3-month 1.45% 1.4611 6-month 1.4537 1.4557 Sown- OC'BC' Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Dec 13
        1,583 words
    • COMMODITIES & FUTURES
      • 1348 27 SIMEX REPORT Rcutcr SINGAPORE Simex Eurodollars were easier while Euroyen futures were firm at the close. Dealers said Eurodollars were easier ahead of the US retail sales and producer prices data due yesterday. "The market still prefers to be on the short side though
        Rcutcr  -  1,348 words
      • 680 27 COMMODITY REPORTS Rubber KUALA LUMPUR: Rubber priccs ended stronger on persistent European enquiries, shortcovering and rising Tokyo priccs, but trade was sluggish. "Consumers still need to cover their positions and are expected to buy more January rubber in the near-term," a dealer said. "But
        680 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • 58 27 TOKYO PT Indonesia Asahan Aluminium has increased production of aluminium ingot 18 per cent to 213.000 tonnes annually. The plant, located in East Java, had been operating at a 180.000tonne rate for the past several years due to low water levels at a volcanic lake
          58 words
        • 56 27 TOKYO Kobe Steel Ltd expects to strike a USS2S6 million (***** million) joint venture deal by next March to manufacture semi-finished steel products in Venezuela. Other foreign concerns to be involved in the joint venture will be Oregon Steel Mills of the US. Falck of Italy
          56 words
        • 61 27 WASHINGTON South Korea could import seven million tonnes of US corn in 1994-95 (Oct-Sep), up from just 380.000 in 1993-94. if Chinese sup- plies remain unavailable, the USDA attache in Seoul said. He raised his estimate of South Korea's overall corn imports
          61 words
        • 68 27 KANSAS CITY Fresh export sales of US cotton are expected to be dull for several weeks now that market conditions will not allow a US export subsidy certificate. US exporters said. Massive registrations of US cotton sales for 1994-95 and 1995-96 were posted the past
          68 words
        • 49 27 TAIPEI A 63.3 per cent jump in Taiwanese copper imports in October from September is a short-term spike-up due to strong buying in July and August, local traders said. Taiwan imported 53,324 tonnes of copper in October, up sharpl* from September's 32,651 tonnes.
          49 words
    • 1401 27 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sen (tonnes) Interest 219.50 475 Feb 219.50 217.50 219.00 1000 3350 Mar 218.00 218.00 219.00 200 2850 Apr/Jun 220.00 215.75 219.00 750 ***** Jul/Sep 214.75 214 50 217.50
      1,401 words
    • REGIONAL STOCK MARKETS
      • 1024 28 10.7 A STRONG banking sector and firmer blue chip stocks led the stocks higher yesterday in generally featureless trade. "There were no features at all, really pretty lacklustre," said a broker, adding that the outlook for the bourse was positive. "I think the market is undervalued and should rise.
        1,024 words
      • 632 28 +0.76 Stocks barely budged in indecisive trade yesterday, a situation likely to prevail until the end of the year. The market opened strongly before going into a sharp decline, only to be saved at the last minute by selective buying of blue chips. The Composite Index rose 0.76 point
        632 words
      • 476 28 -16.89 Share prices dived yesterday, with investors frosty about a lingering liquidity squeeze. The Composite Price Index fell 16.89 points to close at 1,025.89 in languid trading, with turnover thin at 39 million shares valued at 720 billion won. Falls beat rises 602 to 260, with 123 unchanged. "Local
        476 words
      • 557 28 •24.83 Stocks closed slightly lower for the fifth consecutive losing session yesterday, dampened by pulp and paper shares. The 394-issue Weighted Price Index lost another 24.83 points to settle at 6,697.57. Falls outnumbered rises 213 to 96, with 85 issues unchanged. Turnover was 1.33 billion shares worth NT553.27 billion.
        557 words
      • 353 28 +24.23 Stocks recorded their biggest rise since Nov 24 yesterday alter the central bank indicated current monetary conditions were firm enough to maintain price stability. The NZSE-40 Capital Index closed 24.23 points higher at 1.902.32 after the Reserve Bank released its six-monthly monetary policy statement, although some of
        353 words
      • 65 28 -39.35 The BSE 30-share Index fell another 39.35 points to 3,845.13 in the wake of the Congress party loss at key state polls. The broader 100-share National Index slipped 19.58 to 1,815.95. "It was another day of panic selling for most small investors," said a broker. Mutual funds scaled
        65 words
    • WORLD STOCK MARKETS
      • 183 28 +7.87 German stocks rose as a US wholesale prices report was seen as evidence that economic growth there has not caused inflation to quicken. Producer prices rose 0.5 per cent in November. The report quelled concerns that the Federal Reserve will raise interest rates a seventh time this year,
        183 words
      • 167 28 -4.12 Belgian stocks fell for the sixth day amid speculation US interest rates will rise, pushing rates higher. The Bel-20 Index fell 4.12 points to 1,380.33, its lowest close for five weeks. Banks and insurers were among the steepest decliners amid concern rising interest rates will raise financing costs
        167 words
      • 303 28 +2.32 Dutch stocks rose, reversing a five-day decline as a low-er-than expected increase in US producer prices boosted bonds. European bonds followed Treasuries higher, paring earlier losses, after the US Labour Department said core producer prices, excluding food and energy, rose 0.1 per cent in November. That was less
        303 words
      • 161 28 145 Italian stocks rose as local investors were tempted into buying blue chip companies after political worries knocked 8.5 per cent oft" share values over the past six sessions. "The political worries are what they are," said a trader. "But yesterday was clearly excessive." Stocks on Monday suffered their
        161 words
      • 144 28 -2.46 French stocks closed lower, tracking bonds weakened by uneasiness about the presidential elections in the wake of Jacques Delors' decision not to stand. France has been thrown into confusion about who will be the next president following European Commission President Delors' decision on Sunday not to stand for
        144 words
      • 673 28 +3.0 STOCKS closed mixed amid concern that rising interest rates across Europe and the US will crimp company profit growth during 1995. Stocks lost most of their early gains, driven by a bounce back in US stocks on Monday, as an interest rate rise in Sweden heightened speculation rates
        673 words
      • 133 28 11.30 Swedish stocks rose as telecommunications giant LM Ericsson surged amid a raft of new orders. The OMX Index rose 11.30 points to 1,140.75. Ericsson soared 12.5 kronor to 407.5, adding 4.8 points to the index, as a string of orders boosted confidence in the company. The company's American
        133 words
      • 254 28 +3.2 Swiss stocks were mixed following inconclusive US economic reports, with a stable dollar boosting Roche Holding and Nestle. Union Bank of Switzerland fell after newspaper reports raised questions about its share structure change. The SMI Index of 23 leading stocks rose 3.2 points to 2,566.0. Eleven stocks rose,
        254 words
      • 254 28 +3.45 Stocks edged higher in very subdued early dealings, and traders expect the session to remain fairly quiet and cautious. "I think it's going to stay reasonably quiet today," said one trader. US bonds were mixed after November producer prices rose 0.5 per cent, in line with economists' expectations.
        254 words
      • 736 28 +2.69 The Dow Jones Industrial Average, which climbed 27.26 on Monday, was ahead 2.69 points to 3,721.06 at Ham EST. The NYSE Composite Index was ahead 0.82 to 246.08, while Standard Poor's 500stock Index was up 1.53 to 451.00. Advances topped declines 1,034-789 among the 2,661 issues crossing
        736 words
      • 897 28 Britannia Funds Slcriiac Cash Bid Offer Mim < jp Deposit W MOO U tHO Mim J«nrj OiN 0 l»9J 0 1992 Mim Ma* Income 0 «)000 0*400 L SS as* Income Plus I und 9 MOO 10 0200 PS J Re*r»e Fund 5 MOO J 1500 Meflmg Muif> Euro Performance
        897 words
    • Article, Illustration
      2931 29 Bloomberg Business News HONGKONG Stocks rose for the first time in five days yesterday, led by real estate companies and conglomerates, as some investors perceived that prices were at historically attractive levels after the recent slide. The Hang Seng Index closed up 141.97 points at 7,849.75 after dropping almost
      Bloomberg Business News; Source: Bridge Info  -  2,931 words
    • Article, Illustration
      566 29 CLSA H SHARES rebounded 1.8 per cent in line with Hongkong. Chengdu Cable fell 13.4 per cent against its IPO price of HK.52.80 to HK52.425 in its debut trading. Turnover improved to HK.5130 million. Turnover in the Shanghai market remained low at US$2.2 million. Post Telecom plunged 14.1 per
      CLSA  -  566 words
    • Article, Illustration
      2492 29 Reuter TOKYO Stocks closed lower, but off earlier lows as buying by investment trusts supported prices in the late afternoon, brokers said. However, trade remained lacklustre and sentiment was still too weak to expect a substantial recovery, they said. Many participants were afraid the Nikkei Average would fall through
      Reuter; Source: Bridge Info  -  2,492 words
    • Article, Illustration
      1716 29 Reuter BANGKOK Stocks closed higher despite some profittaking in the afternoon, after a strong morning rise on news that a major opposition party would join the coalition and signs that US short-term interest rates would not be raised this month. The SET Index closed 27.08 points higher at 1.305.58
      Reuter; Source: Bridge Info  -  1,716 words
    • Article, Illustration
      1101 29 Reuter JAKARTA Share prices rebounded in moderate trading following sustained falls in recent weeks with international telecommunications company lndosat leading the charge. "Finally, a rebound, but we are not reading too much into it. The way the market had been trending down recently, it had to bounce back at
      Reuter; Source: Bridge Info  -  1,101 words
    • 2090 30 Gr <«r gu| l-j Vol IHv LnlQaoK Di» Ut» Md VI Mtap IN* La. Cumpuns S.lt t-000) ll«h B»)rr Seller S Ow S VH. >«.. MALAYSIAN STOCKS 04 148 IN) m MSB W iiS 011 i i*h 109 106 10* 104 10 0 5 0* *4 J 634
      2,090 words
    • KUALA LUMPUR STOCK EXCHANGE
      • 6554 30 Bernama KUALA LUMPUR Share prices here managed to sustain a slight gain in the morning to close higher in thin trading. The Emas Index finished 3.51 points higher at 263.27, the Composite Index was 4.64 up at 900.41, while the Industrial Index increased
        Bernama; Source: Bridge Info  -  6,554 words
    • STOCK EXCHANGE OF SINGAPORE
      • 7536 31 rii i m Tim—— mmm m mi him mm i t h mV: MAIN BOARD 4,r in M Hi |js| Not l)n> I i\i (>»!«: IH» IH» NU N*« < »P llitch law ,hii(mn\ S«|« -fi'WWI llitch Ijw Bmrf Srllrf S C *»f N P-'l M«il Prior INDUSTRIAL AND COMMERCIAL
        7,536 words
      • 1992 32  -  By Paul Leo SINGAPORE Early bar-gain-hunting pushed the key local index above the psychological support level but the bears won the day in the end. The Straits l imes Industrials Index rose in the first one-and-a-half hours of trading to 2,103.94
        Charts by Bridge Info; Source: Bloomberg  -  1,992 words
  • Page 21 Advertisements
    • 199 21 NEWS VALUE S'pore hotels to raise room rates by up to 20% in 1995 (Pg I) Most of the gains might be absorbed by rising labour cost. Car COE prices take a tumble, luxury category down $45,500 (pg I) Negative short-term impact on motoring stocks, especially luxury car distributors. S'pore
      199 words

  • Page 22 Advertisements
    • 597 22 EASTWOOD PARK PHASE 1 ,H9l LAP I I The URA presents the much anticipated sale of I J land parcels at Eastwood Park Phasel. Located >/ at the corner of Bedok Road and Jalan Greja. the natiomiil is t0 66 sold ,n mall wbdlvlded land parcels J jjj^ v v
      597 words

  • Page 23 Advertisements
    • 139 23 Japan's best to the world. You may use these vouchers at the A dream come true i following restaurants: AKTA an j j Wider, more comfortable seats Generous 2 Mandarin Hotel Singapore space between seats Separate check-in Chikuyotei counter Pre-assigned seats Premier Lounge ANA p:„.. rVwiw* rfr. to relax in
      139 words

  • Page 24 Advertisements
    • 155 24 r th Hd| HLk. vjlj Hbr ''*HH While opinions vary on how it looks, m there are only two words to describe how it feels. C©" Scholl Comfort. ©D f \2tt i 1 I irwii i# it iffi rijfvr •Premium quality New Scholl M£ n s Classic shoes implus» de»gn«oto
      155 words

  • Page 25 Advertisements
    • 125 25 The rare perfection of Palelc Pkilippe al TLe H our G1 ass Ckoosing a timepiece all ahout llie exquisite should lie a relaxed features thai hallmark k Patek Pkilippe in lion. Aft er considering tk rare as And Pkilippe. our customers as At Tke H Wkirk is why to we
      125 words
    • 205 25 f* JP BASTIANI'S A Celebrate your festivities the MediterraneMi way. Add the vibrant colour, of life to give your food and wine a whole lot of Christmas and New ear sparkle. At JP Bastiani. Where the experience is akin to a rhapsody. Don't miss it. FESTIVE PROGRAMME 0 24 December
      205 words


  • Page 27 Advertisements
    • 154 27 irrr>» #1 offshore *«rVIL COMPANYSPHCIAUSTSI With a worldwide team of 125 multi-disciplined I professionals and a network of international 1 offices, OCRA provides confidential and cost I effective company formation in all the major low I tax areas including: I •BRITISH VIRGIN ISLANDS'BAHAMAS IRELAND H •WESTERNSAMOA MAURITIUS JERSEY "Full professional
      154 words
    • 39 27 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. f STRAIGHT TALK You shouldn't have to read between the tines to get the fuH picture. Companies Markets. Everyday.
      39 words

  • Page 28 Advertisements

  • Page 29 Advertisements
    • 120 29 Absolutely The Most Beautiful Gift This Christmas. raGEOCHRON accurately portrays sunrise and sunset, the sun's declination and Meridian It is an important visual aid to travel agencies, airlines, transportation companies, and cruise lines. It is also an excellent teaching tool when discussing time. decorator piece absolutely the most beautiful gift
      120 words

  • Page 30 Advertisements
    • 96 30 Stop by any Hong leong Finance or Singapore Finance branch Period Interest with your share scrips, allocation slips and contract notes. Rate* Receive cash over the counter up to 70V of the current 1 month market value or cap price (whichever is lower). 2 months 1.9% L. Use the money
      96 words

  • Page 31 Advertisements
    • 49 31 THE REGIONAL CHINA FUND MAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more, just call our 24-Hour CitiPhone Banking on (1800) 225-5225. CREDIT LYONNAIS CITIBANKO SHI Asset Management Division c,IL Cmn>o»t neoo, 225-5225 no, jus, c,
      49 words

  • Page 32 Advertisements
    • 353 32 B GOLDTRON LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Goldtron Limited ("Goldtron" or the "Company") will be held at 53 Übi Road 1, Singapore 1440 on 30 December 1994 at 10.30 a.m. for the purpose
      353 words
    • 174 32 BUSINESS T I M H S TO^^?RE^EL^N^l3os^SriB^^^AX^74l-lse <s& w"k 1 www •'vfOTv i'vfwr/Fvfwvv'rvfOTY'rv Under Instructions From The Appointed Liquidators of Pierre Diamond Pte Ltd. Pan Asia Gems Pte Ltd And Hallmark Jewellery Pte Ltd. v I SALE OF JEWELLERIES BY I I *13 I L*J L 1 ***************1 Jewelleries For
      174 words
    • 368 32 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF NOVALARM-NOVATRONICS (S) PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF CREDITORS Notice is hereby given thai (he creditors of the abovenamed Company, which is being voluntarily wound up. are required, on or before the 16th day of
      368 words
    • 188 32 In tha Matter of The CompamM Act Cap. 90 and In the Matter of CHEMOHFM EAST PTE LTD (Formally known m Komoil Pta lid) (In Monitor's Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY BIVEN pursuant to Section 306 of tha Compamas Act, Cap. SO that the FINAL MEETING of the
      188 words

  • Shipping Times
    • 377 33  -  By Ramesh Divyanathan SINGAPORE A recruitment drive by the Singapore Maritime Officers' Union (SMOU) has brought in 1,468 new members. SMOU secretary-general Thomas Tay said the campaign, from March to September, increased membership to 5,433, from 3.965 in September last year. The
      377 words
    • 134 33 Bloomberg Business News TAIPEI Shipping stocks yesterday gained in early trading on reports that the government would appoint a new mainland policy chief, analysts said. The China Times, Taiwan's largest circulation daily, reported that Vincent Siew, the current head of the Cabinet's economic planning unit, will
      Bloomberg Business News  -  134 words
    • 395 33 AP NEW YORK Shipping insurance executives say policies are available for oil-spill coverage and premiums are falling, but importers aren't lining up to buy the insurance despite a Dec 28 deadline. The federal deadline and the lack of tankers with
      AP  -  395 words
    • 195 33 Reuter ANKARA A Greek Cypriot petrol tanker and a Greek freighter collided in the Dardanelles Straits off the Turkish coast on Monday but there was no danger of an oil leakage, officials said. The Athenian Harmony, a 17,000-tonne Greek Cypriot tanker and the 24.700-tonne
      Reuter  -  195 words
    • 1061 33 Page Col ABC Containerize 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 Ahlers Line 13 S Ahrcnkiel Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 5 •ASCL 5 5 Astro
      1,061 words
    • 40 33 Reuter HAMBURG A worker at Blohm Voss shipyard cleaning up underneath the Queen Elizabeth II in a dry dock on Monday. The luxury cruise liner is undergoing the biggest refit in the last 25 years. Reuter
      Reuter  -  40 words
    • 214 33 Reuter NEW YORK Rescuers, refusing to abandon hope, combed 7,800 sq km of the blustery North Atlantic on Monday for 22 crew from a Ukrainian-registered cargo ship that sank last Friday in a violent storm. "We remain optimistic that there will be more
      Reuter  -  214 words
    • 1399 34 THE pace slowed after last week's frenetic activity, but rates remained generally firm with brokers describing the day's activity as "typically Monday". The Baltic Freight Index gained another 11 points to stand at 2,038 on Monday with the US Gulf-Japan route up 23 points at 2,350. Both charterers
      1,399 words
    • SHIPS IN PORT
      • 611 35 Vessel Voy Wo Berth frrival Pepartwe Vessel Voy Wo Berth Arrival Departwe Juronc Port fjuilo. toy 2//« M2 HI? WOO 1512,1/00 btiTMwm 19 ate«M* 1412,7300 Hon*Soon ***** P04 1412 1500 14 12 2300 Qrt, 4,94 14 1412 0600 I Yirmwhlun 15 94¥f P08A 14 1/ 0900 15.12/1600
        611 words
      • 1677 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO •Receiving of export fcl containers and lcl cargo *J2 Record Bookinf/Baiance Rstts Voy No Etb/Btr Period From To From 0696 16/7359 13/1/00 14 0659 U/0900 m0° laba m 28 13/1/00 14,06M 14/0900 3 14 0/00 14/1159 14/1400 V 4 14;
        1,677 words
    • 12453 42 This is a list of ships loading at A Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LECENO PN: ship calls at Penang
      12,453 words
    • 1355 45 The Dec 28 deadline for greater oil spillage coverage has raised fears there will be a shortage and that higher oil prices may result NYT THE FLOW of foreign oil into the US could be disrupted late this month because of a
      NYT  -  1,355 words
    • AIR AND LAND TRANSPORT NEWS
      • 450 52 Los Angeles Times LOS ANGELES In the months-long review by the Los Angeles Times of the Federal Aviation Administration's air safety record and the need to improve performance, a number of potential safety reforms emerged: Amend a law that requires the FAA
        Los Angeles Times  -  450 words
      • Article, Illustration
        61 52 Reuter TOKYO Tokyo's commuters jostling at Shinjuku railway station on Monday to take a train of the Yamanote line, one of the busiest commuter lines carrying five million passengers a day. The commuters had to endure added miser) when the city s main loop line, usually the pride
        Reuter  -  61 words
      • 258 52 Bloomberg Business News MIAMI A lawsuit brought by 25 airline attendants who allege they were harmed by exposure to second-hand smoke has been awarded class-action status. The ruling on Monday by a state judge hearing a Florida suit against the major cigarette
        Bloomberg Business News  -  258 words
      • 420 52 Bloomberg Business News WASHINGTON The Pentagon can meet its airlift needs with 40 McDonnell Douglas Corp C-17 transport planes and does not need 120 of the aircraft, the General Accounting Office says. In a draft study reported by the Defense Week newsletter on
        Bloomberg Business News  -  420 words
      • 392 52 AFP PARIS French civil aviation authorities said on Monday they were taking no measures restricting flights by A I R planes despite their total grounding in Canada and a US ban on their take-off in icy conditions. The French body responsible for
        AFP  -  392 words
      • 294 52 Bloomberg Business News ST LOUIS Trans World Airlines Inc said it reached agreement to defer US$l5 million (SS22 million) in cash payments to two companies that financed its aircraft purchases. The agreements with Orient Leasing Co and Itochu Corp, formerly C Itoh Co, allow
        Bloomberg Business News  -  294 words
      • LOG BOOK
        • 101 52 Reuter LONDON BAA pic opened a new flight connections centre at London's Heathrow airport yesterday to make things easier for international transfer passengers. The flight connections centre will allow transfering passengers to avoid going through security and cheek-in for a second time. BAA said in
          Reuter  -  101 words
        • 82 52 Bloomberg Business News WASHINGTON Martin Marietta Corp has received a U*****.6-million (*****.4 million) addition to an existing Air Force contract involving the Titan IV launch vehicle. The money will help the company's aerospace division adjust the Titan programme for schedule changes. The Air Force
          Bloomberg Business News  -  82 words
        • 73 52 Bloomberg Business News WASHINGTON Westinghouse Electric Corp agreed on Monday to pay the government almost USSI.9 million to settle charges that it misled the Air Force in setting prices for radar equipment parts. The Justice Department said Westinghouse withheld from the Air Force during contract
          Bloomberg Business News  -  73 words
        • 50 52 Reuter LONDON Bayerische Motoren-Werke AG has made a lastminute bid to forge an alliance with Rolls-Royce pic and fend off rival Mercedes-Benz, the Sunday Times said. Speculation about a potential partner has focused on Rolls, owned by Vickers pic, linking up with Mercedes-Benz. Reuter
          Reuter  -  50 words
      • 395 52 FT LONDON West European new car sales increased by 11.9 per cent year-on-year in November to 926.000, the European motor industry's strongest performance since the early summer. The rebound last month was supported by clear signs of recovery in Germany and Italy combined
        FT  -  395 words
      • 1789 52 aii n» no FijM no_ eg n& n* Abu Dhabi GA983 0920 GA984 0310 Cm— SW183 2140 GA895 1240 SQ442 2000 Guangzhou CZ353 1255 CZ354 1420 0*510 1620 SQ442 2000 VN741 1310 SQ176 1345 MriiHa SQ227 2030 SQ175 1905 VN740 1410 hmm RJ182 1440 RJ183 2225
        1,789 words
  • Page 33 Advertisements
    • 69 33 Drager SAFETY EQUIPMENT tlM|. J (SOLAS APPROVED) PA9O MARINE 1 Specifically Designed Breathing Apparatus > For Maritime Applications HIGH QUALITY HIGH PERFORMANCE < HIGHLY AFFORDABLE V' fIV Draeger South East Asia Pte Ltd 67 Ayer Rajah Crcsceni #06-03 Singapore 0513 Tel: 773 2133 Fa*: 773 2033 Tlx: RS ***** DWSING
      69 words
    • 26 33 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National \3sfcgpw Shipping Association. For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      26 words
    • 53 33 VISA FREIGHT SERVICES PTE LTD 1 it^ MmJ THE TOTAI TRANSPORTATION PEOPLE "S 1800 *****66 A LEADER IN REFRIGERATION m Juf i 5 iiSki ik i tiTTt tivs *i 4 it S Bfl J LI fnH H I I I i f I -.mKK^m v %fejfiS2£& m El M *1
      53 words

  • Page 34 Advertisements
    • 1918 34 IMPORT.... IMPORT^ I WORTH AMERICA) I OTHER DESTINATIONS I NORTH AMERICA I If call Trt w. V CQAAT HCI.L ITo IA.T COAAT .OUTH AM—CA ItBVKt 1 I WWAWHH CAUTOWA nmM (BWCT moM WMT COW) 1 ll *ESSU yOY STORE u (MR yot Ml HOUSTON CMC NT MEXICO CITY VESSEL STORE
      1,918 words

  • Page 35 Advertisements
    • 1472 35 /w*i /Q\ ©TP iTn JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SDN. BHD. 200 CANTONMENT ROAD. #12-05 SOUTH POINT, SINGAPORE 0208 AYA JEt 7^ 7776 5342 CFS: 0 3 7565 42 CR NUMBER: **********0 C TIL- *****3/4 FAX *****6 H. Ali A. DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) ll[ »«2™3/4 FAX *****6
      1,472 words
    • 642 35 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) I FROM AUSTRALIA (EAST COASTj VtUtl/VOV *t KC SGr BM STO MEB M HM WSW./VOT ME STD M HW I! tft |f*S MAJWAMT m M/ 12 22/12 M/U M/U M/U FUMKK MT 4S» M/lf 14/12 A TIMASfK 4*S 11/12 24/12 24/12
      642 words

  • Page 36 Advertisements
    • 1377 36 AQABA ROAM/ LE VESSEL VOY NO SPORE JEDOAH (VIA JED) STON H BURG A WERP HAVRE THAMES ***** 14/12 31/12 2LI ELBE ***** 17/12 26/12 2/1 4/1 7/1 2i! li£J KAI 11/150 21/12 7/1 !2U HANNOVER EXPRESS 23/350 24/12 2/1 9/1 Llil i KITANO 28/151 28/12 1 EESEN EXPRESS 09/351
      1,377 words
    • 583 36 |gpgp|p|P|||p|B||" I S pore P.Kelang loading for CELTIC 31/12 2/1 Rdm/Atw/UK/Nantes I WORLD ARES 25/12 28/12 Rdm/Atw/UK/Nantes Loads E./W. Malaysia. Indonesia H I Loading for U ENERGETIC Dubai/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for V DONA V Los Angeles/New Orleans/ I Charleston/Norfoih/Camden H
      583 words
    • 878 36 NORASIA WEEKLY SERVICE WITH FIXED DAY SAILING 10 LA SPEZIA- FOS t BARCELONA VALENCIA FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH STORE GENERAL MENT NORASIA AGENCIES (S) PTE LTD I ALSO ACCfPTBtO Id TO: TEL: 479M53 FAX: *****80 CR NO. **********00 VENICE/TRIISTE/ANCONA/ALEXANDRIA/PORT THAILAND AGENT :p« agencies
      878 words

  • Page 37 Advertisements
    • 1792 37 STRAITS SHIPPING PTE LTD 10 Hoo Chiang Road #11-01 Keppol Towers Singapore 0208 Tol: *****88 Fax: *****17 MJ.IfJHI dM NEW QUIHiA PACIFIC LINK fiSIIIHMiBBIBHIMW aWtf (A service of china navigation co ACCEPTS xStZm CARGO DUE SAIS MOUBI VISE KK. Skan. Ta« In '<*' 17 0* FCL. LCt CONTAINER AND MEAKMM.K
      1,792 words
    • 2227 37 w Singapore Agent: MXtI 1 I fIAyC P&O Containers (Singapore Agencies) Pte Ltd A V^vIIIXiA■ IV■ 0 10 Hoe C hiang Road. *07-01 Keppcl lowers. Singapore 0208 First Class Connections WORLDWIDE PN<K SP 225 7,17 EXPORT lmL vot fM fU WT) SOU ANT HOT NAM OOT IM LEM VESSEL VOY
      2,227 words

  • Page 38 Advertisements
    • 532 38 C D JOINT VENTURE #%l SAMUOERA INDONESIA SIR RICKMERS w«i« SINGAPORE CHINA OAS* SENIUM VOY 2*B 05 DEC SHANGHAI GREEN ERA VOY 3NB 2« DEC QtNGDAO DASA SEPULUH VOY 3NB 12 )AN XINGANG INDUCEMENT CALL P KELANG INDUCEMENT CALL HK. P GUDANG. BELAWAN. TG MAM XIAMEN. ZHANGJKANG UTAMA HARTA If
      532 words
    • 1241 38 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 cqd SW LM HAUL Sl* TV* TO* fW VS. SM IIK HMA IN WTC MM OAKLAND 02tt 16 12 OKECI 5/1 C/l 7/1 HAW* HUMS AN 10K 17/12 H WWM* (ft* 19/1 M/l 72/1 HANW <AHCOUVW
      1,241 words
    • 1445 38 =1 I rl fl HIH m VI S it zTTV SmiTiTißi 3 SMff'illl SnlfCi «4fM S||j2(§Xi 3 I hi iu m nt ns m m in sw no iu ae w m in m n w f» m I iGHiIK OU 19/12 21/12 25/12 M/ 12 M/U 2/1 4/1 VI
      1,445 words

  • Page 39 Advertisements
    • 3029 39 DIRECT SERVICE I TO ISMAIL (HAIFA, ASHDOO I VIA HAIFA) I 4 SJUUM'S PBHOWTN &2255: 2m'i 1/044 Mi *****02 C'.Utm.r: COSTAR SHIPPING PTE LTD r T SJfTZIk cosif" cS^Z^f^siso 4 "*«*S,7 7 5 50 SMM W<r •17 M C* M*. **********0 M F«r: *****00 *****50 jTs see DBS SMc rmr
      3,029 words
    • 1222 39 FOR BOOKING 1800-*****00 (TOLL-FREE) OUT»OUNO PKt PtN IQH Sfl HKG MO TM KEE KO6 OSK MOJ BUS WAN HN 211 N024 11/12 12'12 14/12 IS IS 12 20/12 22/12 24 12 T/S ma MO 26 12 2//12 29/12 30 12 WAN HM 202 NO 74 ***** ***** iTTS 1/ 18
      1,222 words

  • Page 40 Advertisements
    • 1249 40 P a VESSEL VOY SIN JKT ffi VESSEL VOY SIN PEN fU 1 WANA BHUM MIS Wod in PT s«t 17/12 KOTA JADE JAOO2I W«d In PI Fri j 16/12' Hi VESSEL VOY SIM BKK ISHA BHUM 768 Ffl 16/12 _Wod_ jVJL SWI BHUM 4060 Wld In Pt Fri 16/12
      1,249 words
    • 1164 40 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N ■TRAITS SHUTTLE BSRVICE i PORT KLANG PENANG VESSEL VOT I SX HBL VESSEL VOT SW fO» SEA LAUREL 344N 1412 <M€o> 16/12 (ERI) MCC CONVEYOR <00? 13/12 (THE) 16/1? (F») BAUHNA *****K IS/12 tFRI) 11/12 (SUN) HOUR JAVA
      1,164 words

  • Page 41 Advertisements
    • 990 41 r PACIFIC INTERNATIONAL LINES (PTE) LTD jBiBgSj> 140 Cecil Street. #03-00 PIL Building. Singapore 0106. I wfIHF CR NO: **********06 ■nrvrTTVHTinssrxßVSßff^nTSi^H VESSEL VOY SIN BKK SIN VESSEL VOY SIN JKT SIN EQUATOR CRYSTAL MM 17/12 20/12 24/12 KOTA RAKYAT (UTC2) RKYO46 16/12 16/12 23/12 KOTA BABAS SBSOS7 16/12 21/12 25/12
      990 words
    • 938 41 K£>||||g§^M ftSS{L$ i57-| It MAVtt HAMBURG THAMES ROTTERDAM ANTWERP VHU DWDRA HO6W 20/12 U/01 13/01 15/01 1«/01 17/01 W.IE LYRA TO6N 27/12 10/01 20/01 22/01 23/01 24/01 VALE M VELA WO6W 05/01 25/01 27/01 20/01 10/01 31/01 MUE DE TITANA IO7N 01/02 03/02 05/02 06/02 07/02 •AISO ACCEPTMG CARGO TO
      938 words
    • 573 41 MYANMA FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P Kit Pen P.Gdf H>A AN *20«W 20/22 AVA VI3IN 11/20 Dm 21/23 D«c SAGANG WWW 23/2 C Dec PAGAN V2I6W 27/29 D«< MALATSU AGENTS BOUSUAO SHPfWG AGENCCS All TEL 02 03-*****00 P*L: TEL 02-03 36M767 PEN
      573 words



  • Page 44 Advertisements
    • 1743 44 f opE TU CUHOrE rrr— "Si PHI Vf«n HKG fUSAN KOBE shmuu ngo ton tuper Htt KM moikb wt STOK |uh vu ham m hi_ mz 2212 STi mi *12 iuT~ Bg/MM 4107/4W 10.12 10.12 18. MKMCA 2444 1112 31.12 OTOI 0241 _o*ol_ jjjj #J#l Bg/MM 4201/4701 17 12 17.12
      1,743 words
    • 520 44 LAAmn Container lines, inc MAC-Nil. INftUUI UHe l(^w ((e; ***** a gggMT 2.16^0 ASIA HKG/TWN/BKKI GENOfI/EUROPE Wl2 14/12 ***** 15/12 Uj/12 17/12 16/12 17/12 18/12 HKG/BKK/KEE/KHH Gburg/C hagen/S holm/Oslo 8/2 19/12 20/12 21/12 22/12 HKG/BKK/KEE/KHH Si?Utm/Ant/Ha m/l* 17/12 1812 19/12 SHANGHAI/DALIAN JPN/KOREA/MANILA XIAMEN/BEIJING Manila/Cebu 14/12 15/12 16/12 I AUSTRALIA/NEW ZEAL
      520 words

  • Page 45 Advertisements
    • 124 45 TITIMAS SHIPPING U TRADING SDN. BHD. KELANO (03)*****55 (H/UIM) FM: 03-*****83 The: MA ***** TIBITA |«sas IQT t.tIUK KMT Of HOTWTIOItCTtIHW6 H/04 11/12/ M MMM/IMKMiII amw >/» my* Momtmt tcuno oommo) Ml WO 11/04 IVI2/04 KIKWK/MI IWW HOW MB i/Vl 11/12/04 HNWM/lIMAII/UWO OATM jEtf PINESEAS MARITIME PTE LTD rtSStL VOY
      124 words
    • 93 45 7b SCHINDON SHIPPING PTE LTD 2 HAVELOCK ROAD, #08-02 APOLLO CENTRE, «N 0108 TEL: 53(1820 Unas) FAX: *****38 TLX: RO ***** SCMIN CO NO: **********QN BOOKING: LUI/JESSIE maun cowmnom sawctTQ/w mow I NWCSM AGENT: P.I. TWO** LLOYO. lAKMIA IB.: (21) *****70/*****51 CIP: OMW/MOUS FAX: (21) *****17 WESTBOUND vs. BUI W
      93 words
    • 280 45 VOY «H MAA Mt I TIGER BAY 124N 14 16/12 2128/12 02 03/01 I TIGER SPEED 312N 18-19/12 24 30/12 04 05/01 I I TIGER ISLANO 125N 2122/12 274)3/01 08 09/01 I CAPE HERMES 203N 25-26/12 30-05/01 10-11/01 1 I TIGER CAPE 012N 27-28/12 02 09/01 14-15/0181 ft SIN CAL
      280 words
    • 367 45 pLi DONGNAMA LINE COfTAHPttMO ttwvici TlUlf/ILW/mcyMN WSSI (MSS) W K U* nK MC BSD turns V4I3R 11/11 11/12 »/U 3«/U wok two Mia ni: a/u n/u n/u «oi oj oi tUTOI Ml* 2V12 VM U/12 00/01 '*/•> mm mi« ii/ii u/ti 04 oi oi/n m/«i »/oi ROUHO THt APIA MWVICt
      367 words
    • 415 45 RICHFIELD MARINE AGENCIES (S) PTE LTD UTEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Line*) CR NO.: **********0E I® ETHIOPIAN SHIPfIM LINES V (National lines of ttiiopta) ACCEPTING FCL AND COWVEWTIOHAL Vmml Voy IT A I Loading For *pw Abbay Worn 42W8 15/02 Mombasa. O|ibouti Asaab Massawa
      415 words

  • Page 46 Advertisements
    • 1312 46 ■aimwi; WHEN YOU HAVE TO DELIVER ON TIME COUNT ON US! Vessei Voy ETA ETO DESTINATIONS Nut wee* MARGRETHE MAERSK V 9502 AH_ MU_ C"S BAL PHL NYC TOR_ MARGRETHE MAERSK 9502 20/12 I 21/12 07/01 09/01 08/01 07/01 13/01 17/01 WOl 20/01 23/01 22 Jl/0) MAGLEBY MAERSK 9502 27/12
      1,312 words
    • 596 46 i I I Hairatan, Torghundi, Islamqala (Doqharun) I C.1.5./RUSSIAI Alma Ala, Aahkhabad, Baku. Duahan- I be, Irfcuttk, Khabarovak. Kraanoyarak. Korukov, Moacow. Sochi I Novoaobirak, Taihkent, Tbtliai. Vladivostok Voatochny, etc. I N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator 11 LCL TO CIS EASTERN EUROPE FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL
      596 words
    • 1034 46 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 010* Tel: *****81-3 FAX: *****36 (3 HUNTING LINES) TLX: R*****0 BOOKINGS CALL DIRECT LINE: *****41/*****43 JESSICA/CELIA fffWWHWI 5 SLGS/WEEK 3 SLGS/WEEK "VESSEL VOY SIN IJAK VESSEL VOY SIN SUR LAWANTI 1085 16/12 (FRI) 18/12 (SUN) LUMOSO 957 15/12
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  • Page 47 Advertisements
    • 659 47 i 4 EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL /JAPAN SERVICE ACCtPTMG BKEAKBULK SOC CAHGOIS TOFROM KOK. YOKOHAMA. NAGOYA. MOA. TOKTO*. MAMA* OAVAO*. Penwf* P. Kelan| Smjapore EMsia* KM ABC VERET T V2OE 28/29 Dec m> KAMAL EVERETT V24E 13/14 Jan KARABEVERETT V2IE 21/22 ACCtPTMG BKAKBU.K/FCI/SOC CARGOES 10/ fROM CWHAGOWG, CALCUTTA
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    • 217 47 Wl GLORY NAVIGATION CROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM •AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 9/12 16/12 18/12 20/12 GLORY SELATAN VIII 10/12 17/12 18/12 SIN KOMPONG SOM GLORY SELATAN VIII 20/12 24/12 SINGAPORE ASEAN TO TAIWAN
      217 words
    • 548 47 jJK PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK CONTAINER SERVICE vtssti vor "mmchT" SAItGOOHA 149-HW 17/12 27/12 MAM AH 153HW 01/01 10/01 ISt AMABAP 12tMW 03/01 13/01 BOLAM 1«4-HW W/01 11/01 Wl Ml CAU OA) routs SMCT tO MUCUOI FAR EAST CONTAINER SERVICE ONLY vtssti ""voT" SIN hkg~ bsh osa nag
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    • 644 47 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSCL/VOV ETA SIN ETA MAA MV PftAVDINSM V.IO IS 16/12 21-22/12 MV BUNGA TERATAI V TERO23 19-20/12 25-26/12 MV PESTOVO V.07 24 25/12 30-31/12 MV SEA DRAGON V DRGO37 29-29/12 03-04/01 MV PRAVOINSKV.iI 30-31,12 05-06/01 MV BUNGA TERATAI V TERO2S 05 06/01 II
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    • 275 47 SIN FAR EAST 16/12 KEELUNG/KAOHSIUNG 18/12 BANGKOK 18/12 MANILA/CEBU 18/12 JAKARTA/BELAWAN/SURABAYA 19/12 PORT KELANG/PENANG/E. MALAYSIA 18/12 BUSAN 18/12 TOKYO/YOKO/KOBE/NGO/OSA 19/12 HONG KONG SIN CHINA 19/12 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SJN EUROPE/UK 18/12 IDN/FLX/LVP/SOU 18/12 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIN USA/CANADA 18/12 LOS ANGELES/NEW
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  • Page 48 Advertisements
    • 1111 48 ■Mitiiojiiiixij-iij—LLLLLi-L-i-_i-LULLLUj-ujjiiJuiui>>iw»m>mwir»ir>i wwwowwwwwtumtwwowownw———■ LL'.'LV.'..'™ t• ff a FIXED Jgf L ij WEEKLY SAILINGS 1 Tel: 261-3595 I 11 ||i Fax :261-0978 fmm. MELBOURNEGP SHIPPING PTE LTD I Call: Kenny/Mas/Peter Ibbsssbbsss !g sasss—a J i. i Iwi SW FttM MIIB SYO AUCK ITIT jj MMTHA I3M 20/12 31/12 04/01 00/01 11/01* J
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    • 527 48 Conterm :ONTERM FREIGHT (F.E.) PTE LTD. I AUCKLAND 16 DECEMBER (Accepting to alt N«w Zealand poets) I PENANG 16 DEC I JAKARTA 18 DCC PORT XLANG 22 DEC 11 MANILA 18 DEC I BANGKOK 18 DEC I MELBOURNE 23 DEC SYDNEY 23 DEC BRISBANE 30 DEC FREMANTLE 16 DEC I
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    • 891 48 CONSOLIDATION TO BUSAN Singapore KIRS I FOR* ARDER IN OFFERING TWICE WEEKLY LCL SERVICE TO BUSAN Call SANISA at DID: 770 5014 f®|Bj for bookings NOW!!! CSj Tel Fax INTERNATIONAL SEA FREIGHT Sia B .po re 778 6522 7W27M/*****36 aM MM Also has offices in:Y Ifl r MALAYSIA THAILAND PHILIPPINES
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  • Page 49 Advertisements
    • 1355 49 ISEAMA^VRGENTIN/^IN^^JS^ CONTAINERISED "HUB" SERVICE I I DIRECT TO ARGENTINA/BRAZIL URUGUAY I I Vfisn vov m p. arenas ushuaia m I wv*to j Wff 1 BIRGIT NABER 003E 19/12 22/01 24/01 30/01 I 01/02 05/02 I 26/02 FRANCISCA SCHULTE 003E 22/01 26/02 28/02 06/03 I 08/03 10/03 I 04/04 FLORA V
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    • 395 49 /2§x CEYLON SHIPPING CORPN (Sign National Line of Sri Lanka CONTAINERISED SERVICE TO I K AND NORTH CONTINENTAL PORTS una |wt I w Ipo m wm the mm mo m»m Howaiow6 m<m is/w n/i? i/\ >/i n/i a Moißwiai «m a/u 2/1 tin n/i 2*/ i MP MMStELK 04W 11/1?
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    • 725 49 YEAR II M_w_rm I SGP-USA: 'HAKONEMARUIBWeta sgp3o/12/94 I S I CLOSING 29/12/94 AT 2130 HRS I jy I SGP-EUROPE: WANHAnAN MIDGE 74W eta sgp 31/12/94 I CLOSING 30/12/94 AT 0100 HRS pi EXPORT JWI PWK^FOIIZAD(PRnr(>CXr^ VESSEL SOP LOS ~OAK VAN UT ATI. CCC HOU MPH PLC TOW KAON CALIFORNIA SATURN
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  • Page 50 Advertisements
    • 1395 50 AMERICAN PRESIDENT LINES, LTD. 11 19 KtPPtL ROAD >02-01 JIT POH BUILDING SINGAPOHC 0208 TEL 235 9966 fai 221 *<*22 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 CANADA WEEKLY CONTAWHMZIP MWICt »ga w»»g m
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    • 1219 50 S. AS AGENTS: "K" LIME (SINGAPORE) PTE LTD (CR NO; **********011/6 ST REG NO M2-*****W4) TEL: *****77 TELEX KAWAKI R*****5 FAX" *****16/7/8/9 MM* MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BNO u TEL: SA *****00 PK *****75 PEN *****20 JB *****01 PGU *****25/6 L INDONESIA: P.T. SARANA LAUT INTERNUSA, TEL JKT
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  • Page 51 Advertisements
    • 412 51 MERCHANT MARINE CO., LTDWESTBOUND TO EUROPE BKG: *****61 I PNA PKE I PGP I VESSELS VOY I SIN RTM ANT LEH HAM BREt PEL "u/ii 16/12 ywT h. challenger OS 19/12 06/01 08/01 07/01 oi/oi 08/01 10/01 21/12 23/12 24/12 H. PIONEER 312W 26/12 13/01 15/01 14/01 15/01 15/01 17/01
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    • 409 51 STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LfT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS VfSSCI KIT S* PK lOMHNG fOR cosmic lemkr a sun m n OWNT Mm 2 IS/12 tMMTD 17/12 SEMARANG It/12 SURHfIATA 20/12 UJUNG PMOANG 21/12 TANAJNG PR** 1( 17/12 19/12
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    • 615 51 JEDDAH/UK/CONTINENT I SPORE KD S TON H°BURG I DAM LEH *Mm Acctptnf Cjffc f« ÜBE 2S/349 17/12 20/12 4/1 7/1 9/1 U/l Southampton :toal UK tfnKulion. Bdtast and MM KM U/ISO 21/12 7/1 10/1 12/1 Rottndam :to al Antwerp Aimlodam. CMo HoMriu MANNOWR EIPRESS 23 350 24/12 2/1 U/l 14/1
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  • Page 51 Miscellaneous
    • 303 51 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 JR 1.6 1.4 1.3 1.2 1.3 1.6 2.0 2.3 2.6 2.7 2.5 2.3 1.9 1.5 1.1 09 08 09 1.1
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