The Business Times, 22 December 1994

Microfilm: NL19754
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MITA(P) 194/12/94 Thursday December 22 1994 WE KNOW ASIA 75 c
    13 words
  • 2am LATEST
    • Article
      Lock icon Bankers Trust to invest US$500m in companies outside US
      50 1 Bloomberg Business News NEW YORK Bankers Trust New York Corp plans to invest US$5OO million (***** million) of its own money in companies located mainly in Asia, Eastern Europe and Latin America, the world's fastestgrowing and some of the riskiest economies.
      Bloomberg Business News  -  50 words
    • Article
      Lock icon Coopers & Lybrand's full 1994 revenues up
      37 1 Coopers Lybrand's full 1994 revenues up Reuter NEW YORK Coopers Lybrand said it had revenues of US$l.7B billion for its fiscal year ended Sep 30, up from US$l.64 billion a year earlier, an 8.6 per cent increase.
      Reuter  -  37 words
    • Article
      Lock icon Dow up 50 in Xmas rally
      167 1 Reuter NEW YORK Blue-chip stocks soared yesterday as the market staged its traditional Santa Claus rally. At Ipm EST, the Dow Jones industrial average shot up 50.8 points to 3,817.95 after falling 16 points on Monday and 23 points on Tuesday. The 50-point rise
      Reuter  -  167 words
  • Article
    MARKET SUMMARY
    162 1 Stock market indices Wednesday Change STII 2,217.48 +34.02 KLSEComp 982.17 +15.98 Nikkei 19,340.67 -66.31 Hang Seng 8,331.56 +64.23 SET Index 1,365.28 +12.60 Jakarta Comp 466.40 3.62 CLSA China B 906.37 +1.65 Aust All Ord 1,905.5 +6.9 FTSE100 3,070.4 +12.3 Wednesday Previous 1pm EST close Dow Jones 3,817.95 3,767.15
    162 words
  • Article
    China still the main draw for S'pore investors, says EDB
    591 1  -  Reports by Chuang Peck Ming SINGAPORE China has remained as Singapore's top destination for investments this year, the Economic Development Board said yesterday. Singapore investments approved bv China, which had hit USS 1.974 billion (552.887 billion) by June, should exceed
    591 words
  • Article
    Soft loans to help firms go regional total $19m this year
    201 1 SINGAPORE Soft loans totalling $19 million were approved for 18 projects this year by the Economic Development Board to help local enterprises venture into the region. The loans given under the Local Enterprise Finance Scheme (Overseas) brought the cumulative
    201 words
  • Article
    Simex to launch Nikkei 300 trading on Feb 3
    413 1  -  By Soh Tiang Keng SINGAPORE The Nikkei 300 stock index futures, originally scheduled to be traded here late this year, will instead be launched in February by the Singapore International Monetary Exchange. Announcing this yesterday, Simex said it would start trading
    413 words
  • Article, Illustration
    Lock icon Dampening effect of GST lasted brief 3 months, says Dept of Stats
    520 1  -  By Corinne Kerk SINGAPORE The Goods and Services Tax affected retail business at first, but the impact was short-lived and consumers have come to accept the tax, says the Department of Statistics. A DOS paper on how the
    Source: Dept of Statistics  -  520 words
  • Article
    Lock icon Fed likely to raise rate in Jan or Feb: economists
    451 1 Knight-Ridder, Bloomberg Business News WASHINGTON The chance of a January or February tightening has risen considerably in the wake of inaction by the Federal Reserve at its policy meeting on Tuesday, analysts said. "They are going to tighten some more."
    Knight-Ridder,; Bloomberg Business News  -  451 words
  • Article, Illustration
    Lock icon Regional markets breathe sigh of relief
    243 1 SINGAPORE The region's stock markets all ended higher yesterday, following the US Federal Reserve Board's decision on Tuesday not to raise interest rates for a seventh time this year. Although the decision had been anticipated, brokers here said investors welcomed confirmation that they would
    Source: Bridge Info  -  243 words
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      169 1 CONTENTS I News Companies S-pwe News 2 SporeWsia 21.22 Reponal News .3.4. 5 Financial 24 World News 9 Features Markets Technology 10 CWi/RLSE. SES 28-30 IY/Radn 13 Currencies .24 Law 15 Regional 25.26 Sports 17 World 21 Analysis 19 Simex/Commo 24 Subscription Tei 1800 *****77 Fax *****75 BT Newsdesk Tel
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      8 1 Innovation: Pg 10 Scent machine sniffs out fakes
      8 words
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      28 1 ir j Hock Lock Siew: 21 f\ Westniont well worth cffnidifJlQi China still top choice for Japanese investors, Fg S CBD hit harder than outside areas. I'g 2
      28 words
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Factory output on track for 13% rise
        315 2  -  By Genevieve Cua MANUFACTURING output grew 11.3 per cent in October, amid expectations that the industry would finish the year showing a 13 per cent rise in output. While October's growth of 11.3 was strong, it ranked among the relatively slower months of
        Source: EDB  -  315 words
    • Article
      Intel's replacement decision raises cost poser
      457 2  -  Computer-makers worry who will pay for the labour involved which may come to 150 for aPC By David Mok, Claire Leow COM PUTER-makers here were relieved by Intel's decision on Tuesday to replace the flawed Pentium chip unconditionally. although one major US company said
      457 words
    • Article
      CBD sales hit harder than outside areas
      415 2  -  Study on impact of GST By Corinne Kerk RETAILERS within the Central Business District (CBD) must have been envious of their peers elsewhere, judging from the Department of Statistics' latest report on the impact of the Goods and Services Tax. Sales within the
      415 words
    • Article
      DBS lifts rates for fixed-term deposits
      212 2 DEVELOPMENT Bank of Singapore will raise interest rates on its long-term fixed deposits today. DBS will now pay 4.5 per cent for 12 months' placement and 4.625 per cent for 24month fixed deposits an increase of 0.25 per cent. With the increase. DBS will
      212 words
    • Article, Illustration
      Lock icon Phantom of the Opera goes gold in Asia
      45 2 Zaobao POLYGRAM Records managing director Eric Yeo (left)and SPH group general manager Iham Khai Wor with the first gold-engraved CD of The Phantom of the Opera. The 10,000 copies w ill be available only in Asia. /aobao
      Zaobao  -  45 words
    • Article
      OHQ scheme a boon for finance sector as firms fund regional push, says DBS
      408 2 SINGAPORE'S finance sector stands to benefit immensely from the Operational Headquarters (OHQ) scheme. DBS Bank says in its latest monthly report, Singapore Briefing. The banks says the OHQ scheme will spur Asian Dollar Market activities as
      408 words
    • Article
      Former property firm exec pleads guilty to country club scam
      313 2  -  By Ramesh Divyanathan A FORMER vice-president of a property development firm yesterday pleaded guilty to selling country club memberships that he had forged. Ng Pong Fah, 43. who cheated six people out of almost $200,000 in total, will face sentencing
      313 words
    • Article
      EC fines NOL, 12 other lines for hold on freight market
      181 2 NATIONAL carrier Neptune Orient Lines and 12 other lines, all part of a cartel of carriers, were given symbolic fines by the European Commission yesterday. Reuter news agency reported that the EC had fined the companies 10,000 European currency
      181 words
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      184 2 Protect Your Computer Investment. Buy An Epson. 1 EPSON I j In fact, at tlie ANA. hotel the loudest sound lileely to disturb you is the dulcet tones of our musical ensemble. Or perhaps the tinhle of delicate glassware and crockery as one of our invisible waiters swishes past your
      184 words
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      30 2 Fashion Beauty Call for a colourful lifestyle! Call 24 hours a day for hot topics close to your heart anything from head to toe. Cost: 30 cents per minute only.
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  • SOUTH-EAST ASIA
    • Article
      Thai economy to grow at 8.5% — 4th fastest in Asia in 1995
      466 3  - Thai economy to grow at 8.5% 4th fastest in Asia in 1995 From Loh Hui Yin in BANGKOK THAILAND'S economy should grow at the rate of 8.5 per cent next year, making it the fourth fastest-growing in Asia after China, Singapore and Malaysia. Central bank governor Vijit Supinit, presenting his
      466 words
    • Article
      Govt paves way for Thais to invest in foreign securities
      265 3  -  From Loh Hui Yin in BANGKOK THE THAI government is to lift its remaining controls on foreign exchange, paving the way for Thais to invest in foreign stock markets. This was part of efforts to develop Bangkok's capital market, central
      265 words
    • Article, Illustration
      Lock icon Indon court delivers final verdicts on Bapindo scam
      427 3 Reuter JAKARTA A Jakarta court yesterday delivered the final verdicts in Indonesia's biggest bank scam, closing the book on a case that exposed long-sus-pected links between businessmen. officials and state funds. The Jakarta Central District Court sentenced Syahrizal, a former director of
      Reuter  -  427 words
    • Article
      15,000 telephone workers in Philippines end 5-day strike
      265 3  -  From Al Labita in MANILA SOME 15,000 Philippine Long Distance Telephone (PLDT) workers ended a five-day strike yesterday, allowing the New York-listed firm to normalise operations. The end came after PLDT yielded late on Tuesday night to the workers' demands for negotiations
      265 words
    • Article
      Lock icon Work starts on S'pore project in Vietnam
      251 3 AFP HANOI Work has begun on a Singaporean-backed project to build two towers containing a hotel and apartments in the centre of Ho Chi Minh City, the Vietnam News reported yesterday. Ocean Place will consist of a 24-storey hotel and a 26-sto-rey apartment
      AFP  -  251 words
    • Article
      Lock icon Minister defends Suharto's decision on tariff team
      240 3 AFP JAKARTA State Secretary Murdiono said a decision by President Suharto to form a new team to review Indonesian tariff policy was not linked to an ongoing debate on protection for a new petrochemical plant, reports said yesterday. Mr Murdiono said there were
      AFP  -  240 words
    • Article
      Lock icon M'sian economy will grow more than 8% again in '95: analysts
      379 3 Reuter KUALA LUMPUR Malaysia's economy should grow by a robust 8.5 to 9 per cent in 1995 with the government's hawkish stance on inflation damping possible overheating, analysts and economists said. If the forecast is realised, Malaysia would have
      Reuter  -  379 words
    • Article
      Lock icon Suharto orders breakup of industrial oligopolies
      303 3 AFP JAKARTA Indonesian President Suharto has ordered economic officials to dismantle existing industrial oligopolies and to prevent new ones from forming, a businessman said yesterday. The order is aimed at stopping large economic conglomerates from controlling the entire chain of rfroduction of a particular
      AFP  -  303 words
    • NOTE BOOK
      • Article
        Lock icon Sakaran's resignation accepted
        77 3 Bernama KOI A KINABALU Prime Minister Mahathir Mohamad has accepted the decision of Sakaran Dandai to step down as Sabah C hief Minister but has yet to decide on when he is to leave office. Dr Mahathir also declined to name Mr Sakaran's successor when questioned by
        Bernama  -  77 words
      • Article
        Lock icon Ramos signs pro-WTO bills
        74 3 AFP MANILA President Fidel Ramos signed two bills into law yesterday designed to further prepare the Philippines for membership in the World Trade Organisation. The first bill, an antidumping law, strengthens the government's hand against "unfair competition posed by cheap imports that may be dumped here.
        AFP  -  74 words
      • Article
        Lock icon Bangkok lifts ban on Longman
        76 3 Reuter BANGKOK Thailand has lifted a ban on schools and colleges buying books published by Britain's Longman Group. The ban was imposed last year after the company published a dictionary defining Bangkok as a city with "a lot of prostitutes". An official in the prime
        Reuter  -  76 words
      • Article
        Lock icon Better times ahead for mining sector
        69 3 Reuter MANILA The Philippine mining industry, which has seen its workforce more than halved in the past three years, should snap out of the doldrums next year. Joel Muyco, director of the government's Bureau of Mines and Geosciences, said yesterday surging world metal prices
        Reuter  -  69 words
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      396 3 Gelebsiate GluiUimcui Si New- yean, -r. Of course, the regular menu items will still be available for your dining pleasure. v Join us for the festivities at the Grand Pavilion i to celebrate the coming of a New Year. Our chefs will carefully A prepare a specially planned meal Ay
      396 words
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  • CHINA/HONGKONG/TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Retail sales may surge 24% in China
        75 4 AFP BEIJING China's rapid economic growth will fuel a 24 per cent surge in the total retail value of the national consumer goods market next year, a newspaper report said yesterday. Total retail value is expected to top 1.56 trillion yuan (SS26X billion)
        AFP  -  75 words
      • Article
        Lock icon China's GDP to grow 11.5% this year
        97 4 Reuter BEIJING China's 1994 GDP growth will total 11.5 per cent, against 13.4 per cent in 1993. vice-minister of the State Planning Commission Wang Chunzheng told reporters yesterday. Ihe target was 9 per cent. Mr Wang said the government's priority over the next
        Reuter  -  97 words
      • Article
        Lock icon End money politics, violence: Teng-hui
        57 4 AFP TAIPEI Taiwan President Lee Teng-hui appealed yesterday to Taiwanese and politicians to put an end to violence and the influence of money in polities. Mr Lee. who is chairman ot the Kuomintang party] said all party and government officials must review this problem and
        AFP  -  57 words
      • Article
        Lock icon China to issue fraud-proof IDs
        75 4 AFP BEIJING China is to introduce new, high-tech identity cards and passports in a bid to crack down on the growing incidence of ID-assisted fraud, press reports said yesterday. The new ID card will feature a hologram of six separate pictures, making it tamperproof. the
        AFP  -  75 words
      • Article
        Lock icon HK firm plans gold coins issue
        65 4 AP HONGKONG A Hongkong company plans to issue 20,000 sets of pure gold coins to commemorate the colony's return to Chinese rule in 1997, the Hong Kong Commercial Daily said yesterday. The sets of two 28-gramme coins planned for issue next March are the
        AP  -  65 words
    • Article
      Lock icon China unveils plan to overhaul state firms via mergers, privatisation
      320 4 UPI BEIJING China yesterday unveiled a plan to haul loss making state-owned firms out of the red by speeding up mergers, bankruptcies and ridding the monoliths of antiquated social burdens, the official media reported. Under the plan, thousands of firms
      UPI  -  320 words
    • Article
      Lock icon Inter-govt wrangle halts work on HK tycoon's Beijing project
      531 4 Reuter BEIJING Chinese contractors have stopped construction of a USSI.2 billion (551.76 billion) project by Hongkong tycoon Li Ka-shing in central Beijing because of disagreement between the city and central governments, officials said yesterday. Chinese sources said the project ran into
      Reuter  -  531 words
    • Article, Illustration
      Lock icon Beijing keeps its cards on Gatt table
      492 4 Reuter BEIJING China assailed Washington and other Western powers for dashing its dream of joining Gatt this year hut backed down from a threat to withdraw from the bargaining table. Talks in Geneva ended on Tuesday without securing Beijing's re-entry to the General
      Reuter; AFP  -  492 words
    • Article
      Lock icon Are property prices in HK near bottom? Big developer hedges
      437 4 Bloomberg Business News HONGKONG HKR International Ltd's managing director Payson Cha is both confident and cautious. In Hongkong's volatile property market, he's a developer who's enthusiastic about buying land at the same time as he's getting rid of it. The
      Bloomberg Business News  -  437 words
    • Article
      Lock icon China bans export of rice and corn to check soaring domestic prices
      485 4 Reuter BLIJINCi China yesterday announced an immediate ban on exports of rice and corn in its most sweeping move to curb soaring prices of grain and edible oil. The Farmers Daily quoted an announcement by the National Grain
      Reuter  -  485 words
    • Article
      Lock icon Taiwan plans to use economic influence to boost global ties
      294 4 AFP TAIPEI Taiwan is planning to transfer officials between its Foreign and Economic ministries to step up a campaign to use the island's economic influence to promote substantive ties with the rest of the world, officials said yesterday. The foreign
      AFP  -  294 words
    • Article, Illustration
      Lock icon Chinese dept store rides wave of consumerism
      624 4 Reuter BLUING Creating a strong corporate image has helped the Blue Island Department Store ride China's economic wave to riches. It opened in January last year and sold $63.5 million (5592.93 million) worth of goods by the end of the year. In 1994,
      Reuter  -  624 words
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      264 4 UNIQUE MEDICAL PRODUCT BLOOD DONATION MONITOR Expressions of interest are invited for the world-wide distribution and technology rights for our new products: THE BLOOD ROCKER WEIGHER (BRW) Developed jointly in Singapore and Australia over a three-year period involving leading experts in the industry, the BRW is set to revolutionise the
      264 words
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  • REST OF ASIA
    • Article
      Lock icon NZ offers NZ$165m land, cash to tribe
      366 5 Settlement is compensation for 66,000 ha of native land grabbed by British in 1863 AFP HAMILTON, New Zealand A Maori tribe was yesterday offered millions of dollars and traets of land as compensation by the New Zealand government for land seized by the
      AFP  -  366 words
    • Article
      Lock icon China still the top choice for Japanese investors
      192 5 AFP TOKYO China still has the most promising investment climate for Japanese manufacturers although Vietnam, Thailand, India and Mexico are increasingly attractive in the longer term, an annual survey showed yesterday The survey by the ExportImport Import Bank of Japan found that
      AFP  -  192 words
    • Article, Illustration
      Lock icon Hump-to-hump thump
      43 5 Reuter KOT ADU, Pakistan Two fighting camels scuffling during a traditional camel-wrestling match near this town in the province of Punjab on Wednesday. About 100 camels took part in the contest, watched by about 15,000 people at a local festival. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Tycoon Bond made to wait for a month on bankruptcy deal
      275 5 Reuter SYDNEY Former Australian tycoon Alan Bond will not know until January whether he has won his bid to escape bankruptcy after creditors yesterday delayed a decision on a settlement offer worth less than one cent on the dollar.
      Reuter  -  275 words
    • ASIA NOTES
      • Article
        Lock icon Chernomyrdin arrives in India today
        61 5 Reuter NEW DELHI Russian Prime Minister Viktor Chernomyrdin visits New Delhi from today for talks aimed at strengthening military and business ties shaken by the disintegration of the Soviet Union. Mr Chernomyrdin postponed his arrival by 24 hours because of the death of a brother,
        Reuter  -  61 words
      • Article
        Lock icon Ex-Japan MP gets suspended sentence
        79 5 Reuter TOKYO A former member of parliament received a suspended prison term yesterday after being convicted of taking bribes in a shares-for-favours scandal. Japanese media reports said. Katsuya Ikeda. 57, got a three-year prison term suspended for four years and a fine of 18.35 million
        Reuter  -  79 words
      • Article
        Lock icon Clinton, Murayama to meet on Jan 11
        72 5 Knight-Ridder WASHINGTON Japan's Prime Minister Tomiichi Murayama and US President Bill Clinton are not expected to reach any breakthrough on trade disputes or other matters in their talks on Jan 11, Winston Lord, US assistant secretary of state for East Asian and Pacific
        Knight-Ridder  -  72 words
    • Article
      Lock icon Indian opposition wants Rao to dump corrupt ministers
      277 5 AFP NEW DELHI The Indian parliament adjourned in an uproar yesterday as opposition deputies seized the floor and demanded that Prime Minister F V Narasimha Rao sack ministers accused of corruption. "Corrupt men. quit power," opposition MPs chanted for nearly 15 minutes.
      AFP  -  277 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon Overzealous financiers and a primitive system
      1452 6 Foreign exchange dealings going sour in China Business Week RLCENT news from China has stunned foreign investors who saw it as the mother of all emerging markets. Last month. Lehman Brothers Inc sued two Chinese companies, seeking to recover U5597.5 million (SS 142.5 million)
      Business Week  -  1,452 words
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      280 6 UFESTTLE OCT! Score with the pros at the fj| Johnnie Walker Classic mB 0 Ty°VH nTITTPO If you can tell us the exact flfc D J-vJII I K I i position of the golf ball in the three pictures, you jHA Single return-ticket (Business Class) to Manila, Philippines stand an
      280 words
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  • THE WORLD
    • Article
      Russia changes tack on Apec membership
      411 8  -  Kremlin stops pressure on Apec to drop its moratorium on new members From John Helmer in MOSCOW RUSSIA is reconsidering its interest in joining the Asia Pacific Economic Cooperation (Apec) forum, Russian officials say. But, the officials add, this doesn't mean Moscow is unconcerned
      411 words
    • Article
      Lock icon US business agency puts US$500,000 ceiling on loans
      173 8 Los Angeles Times LOS ANGELHS A decision by the US Small Business Administration (SBA) to place a US$5OO,OOO (*****.500) ceiling on loans under its popular loan-guarantee programme drew a disappointed reaction on Tuesday from the small business community, which has increasingly turned
      Los Angeles Times  -  173 words
    • Article
      Lock icon Row with Moscow over Nato ironed out, says Christopher
      426 8 AP WASHINGTON Declaring that US relations with Russia were back on track, Secretary of State Warren Christopher said on Tuesday he hopes to persuade Foreign Minister Andrei Kozyrev to formally link his country with Nato. This would overcome an uproar touched
      AP  -  426 words
    • Article, Illustration
      Lock icon Out in the cold
      62 8 Reuter GROZNY, Chechnya A group of civilians gathering round their destroyed homes here on Wednesday. The houses were damaged in the early hours of the day when a fleet of Russian bombers raided Grozny. Russian forces, backed by tanks and planes, encountered fierce resistance from Chechen
      Reuter  -  62 words
    • Article
      Lock icon Part-time workers get same rights as regular staff in Britain
      420 8 FT. LONDON The UK's six million part-time workers are to have the same statutory employment rights as those in full-time jobs, the government announced on Tuesday. The decision represents a climbdown for the government, which two weeks ago vetoed a
      FT.  -  420 words
    • Article, Illustration
      Lock icon Latin America back to a year of growth, says UN report
      449 8 Reuter SANTIAGO, Chile Latin America's economy grew this year at its strongest pace in nearly a decade and has recovered much of the ground lost in the high-inflation, lowgrowth 1980s, a UN report released on Tuesday said. But the
      Reuter  -  449 words
    • Article
      S'pore to lose EU tariff benefits for electronics goods in 1996
      521 9  -  From Shada Islam in BRUSSELS SINGAPORE'S exports of consumer electronics and electro-mechanical goods to the European Union will be stripped off their tariff benefits under the Generalised System of Preferences (GSP) from 1996. This was decided by EU foreign
      521 words
    • Article
      Lock icon BBC ties up with New York team to begin US transmission in Feb
      383 9 Bloomberg Business News NEW YORK Britain, known on the cultural front for its highbrow dramas, has a new export cable television news. Early next year, the British Broadcasting Corp will begin transmitting its BBC World Channel to
      Bloomberg Business News  -  383 words
    • Article, Illustration
      Lock icon Nyet
      41 9 Reuter MOSCOW A homeless Russian woman begging for money outside Moscow's McDonald's restaurant yesterday got little response from a passerby. The recent cold weather, with temperatures dropping to -30° Celsius, has taken a heavy toll on the capital's homeless. Reuter
      Reuter  -  41 words
    • Article
      Lock icon EC to push laws freeing up cable TV Europe-wide
      269 9 Reuter BRUSSELS The European Commission said yesterday that it planned legislation to ensure that cable TV networks can carry multimedia and other telecommunications services across the European Union by Jan 1, 1996. It said cable operators should be free to offer
      Reuter  -  269 words
    • Article
      Lock icon Britain's non-EU trade deficit narrows
      338 9 Reuter LONDON Britain's trade deficit with countries outside the European Union contracted again in November, after October's unexpected widening, putting the trade gap back on the road towards further improvement, analysts said. Both the headline deficit and the underlying shortfall, stripped of oil and erratics,
      Reuter  -  338 words
    • Article
      Lock icon Toulouse becomes the Silicon Valley of France
      516 9 Transformation due to Technopole Toulousaine's efforts to attract foreign companies Reuter TOULOUSE, France The area around Toulouse, France's fourth largest city in the Southwest near the Pyrenees mountains, is turning into a new Silicon Valley with a growing number of high-tech companies. Like
      Reuter  -  516 words
    • WORLD WATCH
      • Article
        Lock icon Gore, Hillary not visiting China
        100 9 AFP NEW YORK US Vice-President A 1 Gore does not plan to go to China despite a recent invitation from Beijing, a State Department official said on Tuesday. Asked about a New York Times report that Mr Gore or Hillary Ginton might go to China,
        AFP  -  100 words
      • Article
        Lock icon Yeltsin decree on payments by firms
        66 9 Reuter MOSCOW Russian President Boris Yeltsin, in a new decree issued on Tuesday, has given companies three months to pay suppliers or face stiff state penalties, First Deputy Prime Minister Anatoly Chubais said. "TTiis decree introduces tough requirements for obligations on settling accounts to
        Reuter  -  66 words
      • Article
        Lock icon Business leaders expect Kohl to last
        103 9 Reuter BONN German business and political leaders expect Chancellor Helmut Kohl's centre-right government to last its full fouryear term despite its slender majority, according to an Allensbach Institute opinion poll. The poll of 630 people in top positions in business, politics and the civil
        Reuter  -  103 words
      • Article
        Lock icon Dean Rusk dies of heart failure
        86 9 Reuter ATHENS, Georgia Former US Secretary of State Dean Rusk, who served under Presidents John Kennedy and Lyndon Johnson, died on Tuesday night at his home here. He was 85. Mr Rusk was Secretary of State from 1961-1969 and a primary defender of America's
        Reuter  -  86 words
      • Article
        Lock icon Tapie vows to remain in politics
        48 9 AFP PARIS Bankrupt businessman Bernard Tapie yesterday vowed to continue in politics even if law courts confirm he can no longer stand for election. "It's my life. I've lost everything to go into politics," Mr Tapie told Europe 1 radio station. AFP
        AFP  -  48 words
      • Article
        Lock icon Israeli tank-maker may be sold
        53 9 Reuter JERUSALEM The Government Corporations Authority, which is in charge of Israeli privatisations, is preparing a proposal to sell off loss-plagued Israel Military Industries, the head of the agency said. Yossi Nitfcani said several foreign companies have expressed interest in the Israeli manufacturer of tanks
        Reuter  -  53 words
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      Page 9 Advertisements Column 1
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  • INNOVATION & TECHNOLOGY
    • IN TAKES
      • Article
        Lock icon Age of universe poses problems
        152 10 Washington Post WASHINGTON Astronomers using the Hubble Space Telescope have estimated that the universe may be billions of years younger than its oldest stars a finding that poses a serious challenge to theorists. Using the Hubble's precise measurement of the distance to a remote galaxy,
        Washington Post  -  152 words
      • Article
        Lock icon New device to project 3-D images
        133 10 AP NEW YORK A New York company has created a device that projects three dimensional images sharply enough to be seen in daylight and without special glasses. The device was recently demonstrated in the entrance and on the sidewalk of the new Bradlees department
        AP  -  133 words
      • Article
        Lock icon Radioactive tracking of earthworms
        83 10 AFP CHRISTCHURCH Soil scientists are feeding earthworms a diet of radioactive sheep droppings in a bid to understand how they distribute nutrients through the ground. Various species of worms are gathered in pots in a glasshouse laboratory at the Crop and Food Research Institute here and
        AFP  -  83 words
      • Article
        Lock icon Cent to spend US$15b on accelerator
        82 10 New York Times NEW YORK The long-term future of high-energy physics research was assured when the 19-member nations of Cem, the European Laboratory for Particle Physics, voted recently to spend about US$l5 billion ($22 billion) over 20 years for the most powerful particle accelerator,
        New York Times  -  82 words
      • Article
        Lock icon Unmanned submarine designed
        89 10 AP CAMBRIDGE, Massachusetts When engineers began casting around for a more efficient means of driving submarines, they spied on nature. And so, after three years of research, scientists have created an unmanned sub shaped like a fish. Robotuna, they call it. The 1.2 metre-long prototype made its
        AP  -  89 words
    • Article, Illustration
      Scent machine sniffs out fakes
      786 10  -  An electronic nose offers enormous potential in commercial applications, reports Graham Clayton Graham Clayton Graham Clayton is a London-based freelance journalist. He contributed this piece to Business Times Many tourists buying cheap perfumes from street traders wonder whether they are getting the real thing. Professor
      786 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      143 10 Giving you the keys to a total system. W I i® \X hen Aerospatiale supplies a satellite, it doesn't only supply a satellite in orbit. It supplies total expertise. A total system backed by almost thirty years experience: from satellites and launchers to ground stations, the software to control them
      143 words
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      Page 11 Advertisements Column 1
      127 11 What it feels like driving the new Saab 9000 CD. With a powerful yet smooth choice of engines -V 6, Turbo or Ecopower and a luxurious interior (classified "large" even by American standards), the new Saab 9000 CD provides a top-of-the-range driving pleasure unique to Saab. Only a test drive
      127 words
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      Page 12 Advertisements Column 1
      1450 12 Wfllthllltf H fciyfl WHERE TO WINE, DINE AND ENTERTAIN I Nc; OK M-iiMii IJJIiJin I «-|ji J m CHRISTMAS MENU BHBggg g inap agm afcnaraiia>^i^(Christmas Eve Dinner) &S60.00" PED HEAD OSHUCHI IN IiUAVISU Appetizing se»-n«sh casters in sprinkles of lemon. < y COCKTAIL M OAMURITTI 4jf^ V VC Prawn <OTI
      1,450 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Pets lap up a snappy Christmas
      543 13 NYT HE WAS all done up for the photo op with Santa hair brushed, nails clipped, fuzzy little sweater. But when his turn came to sit on the red velvet lap. he baulked as two-year-olds are wont to do. "Where's the mommy?" said the
      NYT  -  543 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      280 13 M oide English Eating House I 277 Orchard Rd #02-38 Specialists' Centre S (0923) m run pass? I v* ifmJr .1 *OO« K|fl When you spend $25/- or more at Fosters for lunch if] HP or afternoon tea from Mon Sat, show us your valid I daily or monthly CBD
      280 words
    • Advertisement
      Page 13 Advertisements Column 2
      55 13 It's now performance time for aspiring singers-to-be. Indulge in English, Mandarin, and Cantonese Karaoke at NO EXTRA COVER CHARGE! Showtime by MIDI FUSION from B.oopm alternates with Karaoke Sessions. Happy Hours I.oopm to B.oopm (50% off standard drinks) Oprrilion hourv I.oopm to 1 00*n irhnrd on Sunday*) Inrl 1 /rfVf/
      55 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      1216 13 1 TV RADIO She's out of control, 8.30pm, Ch 5 W Tony Danza's daughter j discovers puberty, make-up and men while he wishes she BMV 4 r hadn't. Low-level coming of age comedy, with Catherine Hicks and Wallace Shawn con- v j^tUL tributing to a few tired laughs. jjT^^ Tony
      1,216 words
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      589 14 I A UUIUS INTWNATIONAL MOTH EXPERIENCE A LIVELY 101 YEAR OLD WITH A FEW FRIENDS. _4 wiche d f ho u (jlit indeed* and one us /licit deAerveA your utmost con si Je ration uS e tonicjht, at the J3iffiard of aff(e S J-Jo te the much cefehrated 18 93
      589 words
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  • THE LAW PAGE
    • Article, Illustration
      US court hears case of error by police computer and false arrest
      768 15 Arizona Supreme Court refuses to excuse error, other justices sympathise with the state A LIVELY US Supreme Court argument in a recent case of false arrest brought the justices face to face with the computer age and the
      768 words
    • Article
      Lock icon If you make a reservation in US, better turn up
      272 15 Restaurant suit against client who didn't out of court AP THE moral of this story is if you make a dinner reservation in the US, keep it. Or at least call and cancel it. When Jeff Burrey made one for
      AP  -  272 words
    • Article
      Court tells family to keep Xmas display to 3 hours a night
      216 15 THE ARKANSAS Supreme Court ruled earlier this month that a homeowner's mega-tonne Christmas display which has drawn thousands of gawkers annually is too much of a good thing and must be down-sized. "We'll definitely take further legal action."
      216 words
    • Article, Illustration
      Legal scholars don't chase dollars
      538 15  -  atthe bar By Chew Farn Chyi IN-HOUSE lawyers appear to have a better deal in terms of remuneration and perks than their colleagues in private practice, government service or academia. A full-time counsel with an international bank or a multinational company can expect to earn
      538 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      45 15 I someone I they'll remember Phl 3 n ma^'n 9 50,*****6,5 dream holiday ■T J I I f come true. So, instead of shopping for IjH ||H l| JHBfg the same predictable gifts for your friends SS and loved ones, give them a Club Med
      45 words
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      Page 15 Advertisements Column 2
      246 15 SINGAPORE F Business Times WE KNOW ASIA HDUN WORDS GAME Are you familiar with slocks, unit trusts, commodities or currencies? From now to 29 December 1994, we will be running different hidden woitl games. Take this challenge... and this slick remote control wall radio with sleep timer can be yours
      246 words
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      Page 16 Advertisements Column 1
      168 16 In 1919, Aurora prestigious instruments tkat Lave marketl tke kistory of writing,, /led <* Gold Anniversary Collection limited in only 7500 pieces; each encased in a matching red velvet gift box complete an ink bottle embedded in silk. ■p**wW Mm W U\ Jm j[ jPf ijf' fJJ j f itlJl
      168 words
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  • Article
    Free trade: Jakarta gets serious
    548 18 EDITORIAL A T FIRST glance, the speech this week hy Indonesia's President Suharto on the need for free trade didn't seem like anything out of the ordinary. Only a month ago he had hosted the successful summit of Asia-Pa-cific leaders in Bogor which launched the
    548 words
  • WHAT THE OTHERS SAY
    • Article
      A declaration of reality
      254 18 TEN YEARS after Britain and China signed the Joint Declaration on Hongkong's return to the mainland, the territory's eyes are set firmly on reunion, now less than three years away. This simple fact that Hongkong will return to China in June 1997 deserves reiteration to underscore
      254 words
    • Article
      After the euphoria
      183 18 EVEN AFTER the Malaysia Cup is over. Singaporeans from all walks of life are still talking about it the glory of our national players in regaining the top place for the republic after a lapse of 14 years. Being the favourite national sport, soccer can be regarded
      183 words
    • Article
      All eyes on Carter now
      165 18 JIMMY CARTER'S peace-seeking mission to Bosnia is lauded and much-awaited by the world when both the West and the UN can do nothing to end the 32-month civil war. Carter was directly invited by the Serbian leader although he will carry out his mission as
      165 words
    • Article
      Property prices headed south?
      111 18 THE COMMON VIEW is that there are two certainties in life: death and taxes. There is a third: economic cycles. Hongkong is due to sutler the vagaries of a cyclical downturn in property prices. That is the view of brokerage Morgan Grcnfell Asia anyway. The 1994
      111 words
    • Article
      Tougher sentence needed
      105 18 AFTER ALL the clamour of the past four months, the nine-month prison term handed down on Wednesday to Hartono Setyawan, the supposedly "untouchable" owner of a high-class brothel in South Jakarta, seems almost anti-climactic. The panel of judges at the South Jakarta District Court ruled that Hartono
      105 words
  • Article, Illustration
    Lock icon Germany wakes up to its international responsibility
    740 18  -  With the Serbs posing a serious threat to Germany's allies in the UN Protection Force in Bosnia, Bonn has finally taken a firm stand, says Josef Joffe Josef Joffe The writer is the foreign and editorial-page editor of the German publication, Suddeiitsche Zeitung
    IHT  -  740 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      92 18 English paper available on 2^ieceißierl^94 -■> V H~ I G H L I G H f 5 'I A «4-DResults f if 'Latest Local World News WIN! $2,000 Gift Hampers Game Vouchers- i I "List Ten Most Favourite Boardgame" Contest I '"SpecialAssignment"Reports I ll'WhowillbeFootballerof the Year? ill H 500 Canon
      92 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      64 18 the. LAST Person WOULD I f BRISTOU) BND HIS A (Goop^HeAveNS [HF\veigc^)GH T &e coveze&j ink: J I DOONESBURY GARRY TRUDEAU I l£2KUHMnee&Nf&iiNG I THIS 13 THATcVBN THOUGH 1 CAN IMPROVBF&OPLSSUVE&. LATELY A CBEPYEARN/Nfi I H ONES GOTTA I IVOJEP RSPUBUCAH, I j BUT WHAT O&SH KMN6 fVR. A RETURN
      64 words
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  • ANALYSIS
    • Article, Illustration
      A dragon running out of steam
      1632 19  -  Asian INFRASTRUCTURE An occasional series Taiwan's economic miracle could be jeopardised if its power generation and infrastructure development do not keep pace with demand. Peter Osborne discusses the restrictive government regulations and local problems impeding progress in these areas Peter Osborne The writer, a
      1,632 words
    • Article, Illustration
      Costliest MRT keeps getting derailed
      1282 19 TAIWAN will spend an estimated USS223 billion (***** billion) in the next seven years on infrastructure, most of which will be focused on easing Taipei's legendary traffic jams. To this end, Taiwan will build the world's most expensive Mass Rapid Transit (MRT) system. For Taipei's
      1,282 words
    • Article
      The tough race to increase road space
      650 19 TAIWAN faces a road congestion problem which is typical of many of the booming economies of Asia. In the 1980s, the number of vehicles on the island's roads grew by 325 per cent, but the area of roads available to carry those vehicles
      650 words
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  • Article
    Lock icon EU begins talks on compensation for US over customs changes
    384 20 AFP BRUSSELS The European Union yesterday began talks on a trade deal with the United States to compensate for customs changes when three countries join the Union on Jan 1, in a trans-Atlantic video conference. The new EU members. Austria,
    AFP  -  384 words
  • Article
    Lock icon Berlusconi calls for snap polls if he loses no-confidence vote
    301 20 Reuter, AP ROME Prime Minister Silvio Berlusconi, his government set to fall in a parliamentary no-confidence debate after a mutiny by his Northern League coalition partner, called yesterday for a snap general election if he is ousted. Addressing parliament at
    Reuter,; AP  -  301 words
  • Article, Illustration
    Lock icon Enough to drive you crazy
    71 20 Photo by Chris Loh BANGKOK Cars, vans, trucks, motorcycles and taxis as far as the eye can see. This scene, typical of Bangkok traffic, was captured at the junction of Rajdamri and Ploenchit roads at 9pm on a weekday two weeks ago. The vehicles crawling
    Photo by Chris Loh  -  71 words
  • Article
    Lock icon US consumer overdue loans at 20-year low
    427 20 Bloomberg Business News WASHINGTON In another sign that the economy is strengthening, consumer loans with late payments dropped for the 10th consecutive quarter to the lowest level in 20 years, a bank trade association said yesterday. Bank consumer instalment loan accounts with delinquent
    Bloomberg Business News  -  427 words
  • Article
    Lock icon Yeltsin orders army to press on as death toll rises
    455 20 Reuter GROZNY, Russia President Boris Yeltsin yesterday ordered his generals to press ahead and re-establish Russian rule in rebel Chechnya, as the casualty toll on both sides rose higher. Mr Yeltsin, offering both carrot and stick to rebellious Chechen forces,
    Reuter  -  455 words
  • Article
    Lock icon EU bans shippers' inland price-fix deal
    201 20 Reuter BRUSSELS The European Commission said yesterday it had banned an inland transport price-fixing agreement by the Far Eastern Freight Conference (FEFC) on the grounds that it violated European Union competition rules. It levied symbolic fines of 10,000 European currency units (S$ 17.640) on
    Reuter  -  201 words
  • Article, Illustration
    US is a global player and not a regional chieftain
    843 20  -  The Bottom Line LEON HADAR LEON HADAR The writer is BT's Washington correspondent A WASHINGTON POSI reporter was trying recently to compare the historical significance of the "Summit of the Americas" in Miami. Florida, to that of the Asia-Pacific Economic
    843 words
  • Article
    Lock icon Sutherland agrees to serve as WTO chief until mid-March
    363 20 Reuter GENEVA Peter Sutherland, head of the Gatt trade body, said yesterday he had agreed to serve until March 15 as the first chief of the new World Trade Organisation (WTO). But the Irishman made clear he was staying on in
    Reuter  -  363 words
  • Article
    Lock icon N Korea to repatriate US pilot's remains
    308 20 AP SEOUL North Korea agreed yesterday to release the remains of a pilot who died when his helicopter went down in the communist country over the weekend. A second pilot who survived will be held while the government finishes investigating the incident, the
    AP  -  308 words
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  • COMPANIES & MARKETS
    • Article
      SIA management tops local league for leadership in survey
      479 21  -  By J Juliette Walker SINGAPORE National carrier Singapore Airlines has beaten 30 other local companies in a leadership survey published by the Ear Eastern Economic Review. SIA drew top marks in three leadership categories: high-quality services and products, long-term vision, and
      479 words
    • Article
      SPH wants to double authorised capital
      123 21 SINGAPORE Singapore Press Holdings has proposed to almost double its authorised capital to facilitate any future increases in its issued share capital. In a circular to shareholders yesterday, its directors proposed to raise the authorised share capital from $505 million (divided into 499.950 million
      123 words
    • Article
      Ipco's Nigerian project ties up financing
      278 21  -  By Genevieve Cua INFRASTRUCTURE developer Ipco International said yesterday that a financing agreement has been signed for its US$25l million (***** million) Bonny Export Terminal project in Nigeria. The total value of the financing was more than Us3oo million, including client costs and charges.
      278 words
    • Article
      Taiwan fund begins trading on SES today
      313 21  -  By Paul Leo SINGAPORE The first country fund that invests in Taiwanese stocks begins trading on the Stock Exchange of Singapore (SES) today. Called the Taiwan Equity Fund (TEF), it also has a primary listing on the New York Stock Exchange. The closed-end
      313 words
    • Article
      Westmont is well worth considering
      792 21  -  HOCK LOCK SIEW By William Chia SINGAPORE Yangtzekiang was a smallish listed garment maker. Then in November 1993, East Malaysia's largest shipbuilder Sabah Shipyard was injected into it in a reverse takeover. Malaysian businessman Joseph Chong, the vendor of Sabah Shipyard, won control of Yangtzekiang
      792 words
    • Article
      Hotel Grand Central buys NZ property, sells KL land
      223 21 SINGAPORE Hotel Grand Central has bought a property in Christchurch and sold four pieces of land in Kuala Lumpur through wholly owned subsidiaries in New Zealand and Malaysia respectively. The group yesterday said on Dec 8 Grand Central (NZ) Ltd entered
      223 words
    • Article
      US firms settle with Creative
      91 21 SINGAPORE PC sound and video board maker Creative Technology said yesterday it had reached a settlement in the US District Court over false advertising suits it filed against rivals. Creative said the settlement prohibited Orchid and Cardinal Technologies from marketing certain PC audio boards as
      91 words
    • Article
      Lock icon Peregrine sells M'sian JV stake to venture partner
      137 21 Bloomberg Business News HONGKONG Hongkong financial services company Peregrine Brokerage said it will sell the remaining 30 per cent of its Malaysian joint venture company, Phileo Peregrine Securities Sdn Bhd, to its venture partner. In a joint statement, the companies said Phileo
      Bloomberg Business News  -  137 words
    • EYE on your STOCKS
      • Article, Illustration
        MARKET MOOD
        47 21 Firm Market Mood indicates the likely trading sentiment today, based °n brokers polled at 5-6pm yesterday. Overnight events may alter sentiment Brokers polled: Alliance. Baring, l)ai\\a. Fraser. OA (toll. Kay Uian. Morgan Cirenfell. OngCo. Nomura, Phillip. Smith New Court. Wl Carr and SG W arburg.
        47 words
      • Article, Illustration
        HOT STOCK
        107 21  -  Quak Hiang Whai PARKWAY Holdings is one of the few sparks in the current slump, having picked up strongly this month. But its daily, weekly and monthly RSIs are still below 75, showing its neutrality at this stage. While not heavily overbought, any further climb in the short
        107 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Amcol's finance chief quits
          62 22 SINGAPORE Amcol Holdings' corporate finance general manager, Lee Liang Ping, had resigned with effect from yesterday, Amcol said. He has also resigned from all directorships of subsidiaries and associated companies in the Amcol Group. Mr Lee will be replaced by Fong Heng 800, who as general
          62 words
        • Article
          United Engineers buys HK firm
          51 22 SINGAPORE United Engineers Ltd has bought 100 per cent of equity in Hongkong's Huge Right Industries Ltd (HRHK), consisting of 100,000 shares of HK$l each, for *****,000. The purchase was made through UEL's wholly owned Hongkong subsidiary, Uniteers (HK) Ltd. HRHK's main activity is investment
          51 words
        • Article
          IPC's unit in Hongkong venture
          66 22 SINGAPORE IPC Corporation Ltd's Hongkong subsidiary, Corex Technology (HK) Ltd, has set up a company in the British territory to distribute electronic components to the Hongkong and China markets. Newly formed Corex Electronics (HK) has paidup capital of US$2OO,OOO. It is 50 per cent-owned by
          66 words
        • Article
          New firm to house foreign workers
          81 22 SINGAPORE L&M Group Investments Ltd has signed a joint venture agreement with Mini Environment Service Pte Ltd (MES) to set up a company here to develop, build, operate and provide housing for foreign workers. The new company, Kaki Bukit Developments Pte Ltd (KBD), will
          81 words
      • Article
        Lock icon Kamunting posts 15% rise in profit despite lower sales
        202 22 Bernama KUALA LUMPUR Kamunting Corporation Bhd has reported a group pre-tax profit of M 544.64 million (5525.5 million) for the half year ended Sep 30, up 15 per cent from M 538.94 million registered in the previous period. Group turnover, however,
        Bernama  -  202 words
      • Article
        HK market's 28% plunge as of Nov is largest in Asia
        412 22  -  From Lim Soon Neo in HONGKONG HONGKONG'S stock market, measured by its closing index, had suffered a 28.8 per cent fall year-on-year as of the end of November the largest fall in Asia, according to figures released yesterday by
        412 words
      • Article, Illustration
        Lock icon Ford to seek car assembling licence in Hanoi
        58 22 Reuter HANOI Wayne Booker (right), executive vice-president of Ford Motor Company, with an interpreter, addressing a news conference in Hanoi yesterday. He said Ford would apply early next year for a licence to assemble a range of vehicles as majority partner in
        Reuter  -  58 words
      • Article
        Lock icon MUI Hikari sees M$360m revenue in Langkawi project
        281 22 MBT KUALA LUMPUR MUI Hikari Construction Sdn Bhd expects at least MS36O million (*****.7 million) in revenue from a major development project in the northern island resort of Langkawi. The project, which will be completed in two phases, will involve investments of
        MBT  -  281 words
      • Article
        Lock icon Golden Hope seals R&D pact with Japanese firms
        140 22 Bernama KUALA LUMPUR Golden Hope Plantations Berhad yesterday signed a research collaboration agreement with two Japanese.companies to develop improved processes of refining palm oil. The companies are Yoshihara Oil Mill, Ltd and Sumitomo Corporation. Yoshihara is a long standing customer of Golden
        Bernama  -  140 words
      • Article
        Lock icon Grand United buys 12.13% stake in Aussie explorer
        163 22 Bernama KUALA LUMPUR Grand United Holdings Bhd has acquired 5.1 million shares or 12.13 per cent interest in Majestic Resources NL of Australia for M 54.11 million (552.3 million) cash, it was announced yesterday. The company said the shares were purchased at
        Bernama  -  163 words
      • Article
        Hang Seng Bank latest HK company to issue ADRs
        183 22 SINGAPORE Hongkong's Hang Seng Bank has joined the growing number of Hongkong companies issuing American Depositarv Receipts (ADR) in the US. A statement from the Bank of New York said the Hong-kong-listed bank has activated a sponsored ADR programme with a
        183 words
      • Article
        Oakwell shares close at 46 cent issue price on debut
        194 22 SINGAPORE Oakwell Engineering closed at its day's low of 46 cents the price its shares were offered to the public when it made its debut on Sesdaq yesterday. Almost 1.19 million shares changed hands. Oakwell offered 15 million shares at
        194 words
      • Article
        Untitled
        1405 22 Miaagan <S) Dcc 22 us Or Fund 0.94 0 97xd** Singapore Unit Trust UOB Asset Mgt Ltd The Commcnx 1.63 1.72 Unifund 1.43 1.49 The Savings Fund 1.59 1.68 lmbond 1.04 1.07 S pore Pro( Fund 0.61 0.65 Umled Gr Fund 1 169 1.76 S'pore Sec Fund 0.97 1.03 United
        1,405 words
      • Article, Illustration
        Business software sales up 7% to US$8b worldwide
        475 23  -  Microsoft is the leader with 34.7% market share By Claire Leow SINGAPORE Worldwidesales of business software rose 7.2 per cent this year to US$B.27 billion (5512.07 billion) as more computers invade corporations and small offices around the globe. US research firm Dataquest
        475 words
      • Article
        Lock icon Samsung expects to more than double profit thanks to chip exports
        173 23 AFP SEOUL Samsung Group, South Korea's leading business conglomerate, expects to more than double net profit this year thanks to hectic semiconductor exports. A spokesman, quoting Samsung chairman Lee Kun-Hee, said yesterday that net profit for the group's 24
        AFP  -  173 words
      • Article
        Lock icon Media Vision set to emerge from bankruptcy at month's end
        258 23 Bloomberg Business News FREMONT, California Media Vision Technology Inc, a competitor to Singapore's Creative Technology and Aztech, has secured approval from a US bankruptcy court to reorganise itself. The personal computer accessories maker said on Tuesday that it would emerge
        Bloomberg Business News  -  258 words
      • Article
        Lock icon Acer hopes to regain preferred supplier agreement suspended by Canberra
        323 23 Bloomberg Business News CANBERRA Taiwan computer giant Acer Inc said it was confident it would win back a "preferred supplier" agreement with the Australian government. The government suspended the agreement until February because of what it said were breaches of
        Bloomberg Business News  -  323 words
      • Article, Illustration
        Lock icon Taiwanese tycoon tries his hand at Chinese opera
        70 23 AFP TAIPEI Taiwanese tycoon koo Chen fu. also chairman of the semi-official Straits Exchange Foundation, pla>ing the role of Rung Ming, an ancient Chinese strategist in the Three Kingdoms Period around AD 220, during a Chinese opera rehearsal yesterday. Koo is one
        AFP  -  70 words
      • Article
        Lock icon New index reveals volatility of Pakistani stocks
        415 23 Reuter KARACHI Dealers say the revamped 100-share index of" the Karachi Stock l:\changc (KSI) is highlighting the volatility of Pakistani stocks, battered to successive lows for the year by street violence and political uncertainty. "The new index is very reflective of how the
        Reuter  -  415 words
      • Article
        Lock icon Nintendo to promote video games via satellite from April
        273 23 Reuter TOKYO Japanese video game giant Nintendo Co Ltd said yesterday that an affiliate would begin data broadeasts via satellite next April 1, allowing viewers to try out new games on their televisions. Satellite Digital Audio Broadcasting Corp. owned 19.7 per
        Reuter  -  273 words
      • Article
        Lock icon Barings offers KIO £1.5b for St Martins property group
        190 23 AFP LONDON London merchant bank Barings has made a £1.5 billion (553.41 billion) offer to buy the St Martins property group, the leading property business owned by the Kuwaiti government, yesterday's Financial limes said. St Martins owns some of London's most
        AFP  -  190 words
      • COMPANY BRIEFS
        • Article
          Lock icon Shanghai, Shenzhen markets grow
          96 23 Reuter SHANGHAI China's Shanghai and Shenzhen stoek markets had 28X listed companies at mid-December, up from 183 if the end of last year, the China Securities newspaper said. Seventeen state enterprises were listed on markets in Hongkong and New York by mid-December, it said. Developing quickly
          Reuter  -  96 words
        • Article
          Lock icon Marubeni to invest US$1b in India
          64 23 AFP NFW DELHI Marubeni Corp of Japan has unveiled plans to invest US$l billion (551.46 billion) in India over the next few years. The trading firm is expected to finalise 10 joint ventures this month in fields such as power, petrochemicals, steel, fbod processing,
          AFP  -  64 words
        • Article
          Lock icon Lingerie maker to close 16 outlets
          96 23 Bloomberg Business News HONGKONG Women's lingerie maker and retailer Top Form International Ltd said it would close six retail stores in Hongkong and 10 in Taiwan before the end of its next fiscal year in June 1995. Top Form's overall sales rose 12.4 per
          Bloomberg Business News  -  96 words
        • Article
          Lock icon New World to sell part of HK hotel
          82 23 Bloomberg Business News HONGKONG New World Development Co Ltd confirmed it was in negotiations to sell 15 floors of Hongkong's Victoria Hotel. Managing director Henry Cheng confirmed the negotiations, although he denied that New World and the hotel's co-owner, Macao gambling company
          Bloomberg Business News  -  82 words
        • Article
          Lock icon ITT asked for details of Caesars talks
          78 23 Bloomberg Business News NEW YORK The Securities and Exchange Commission has asked ITr Corp for the names of all people who knew of the company's negotiations to acquire Caesars World Inc before the agreement was announced, an ITT spokesman said. "They've asked us
          Bloomberg Business News  -  78 words
        • Article
          Lock icon Mitsubishi tie-up with Chinese railway
          65 23 AFP TOKYO Japanese trading firm Mitsubishi Corp has set up a joint venture in Shanghai with the Chinese ministry of railways to trade and lease railroad equipment, a Mitsubishi spokesman said yesterday. The new venture, Shanghai Sinorail Diamond International Trading Co Ltd, was capitalised at
          AFP  -  65 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bankers Trust's 4th qtr earnings to fall at least 39%
        522 24 Bloomberg Business News NEW YORK Bankers Trust New York Corp, the latest bank to take a hit because of Wall Street's woes, said fourthquarter profits would fall at least 39 per cent from last year because of a tough market
        Bloomberg Business News  -  522 words
      • Article, Illustration
        Lock icon Sowing seeds of future growth
        40 24 Reuter NAKHON SAWAN, Thailand A farmer sowing rice seeds in his field for a dry-season crop in this central Thai province. Thailand, a major rice exporter, is seeking to boost its exports of rice. Reuter
        Reuter  -  40 words
      • Article
        Lock icon London exchange to inspect firms handling derivatives
        415 24 Reuter LONDON The London Stock Exchange (LSE) has decided to directly carry out inspections of member-firms involved in derivatives trading, a function previously conducted by the Securities and Futures Association (SFA). The LSE said it was particularly interested in looking at proprietary trading
        Reuter  -  415 words
      • Article
        Lock icon Tokyo abolishes fixed forex market hours
        221 24 Reuter TOKYO The Tokyo Foreign Exchange Market Practice Committee said it has abolished the current fixed market hours and will replace them with uninterrupted trading throughout the day. Hours for direct deals (DD) among banks here have been limited to 2400-0300 GMT and 0430-0630
        Reuter  -  221 words
      • SMALL CHANGE
        • Article
          Lock icon Japan to lift curbs on Euroyen bonds
          101 24 Bloomberg Business News TOKYO Japan's Ministry of Finance said there would be no more restrictions for selling Euroyen bonds, or yen bonds issued overseas, to Japanese investors starting from April 1, the Nihon Keizai said in its evening edition yesterday. Underwriters in London
          Bloomberg Business News  -  101 words
        • Article
          Lock icon 2nd Aussie bank to open Hanoi office
          70 24 AFP HANOI The Commonwealth Bank of Australia is to open a representative office in the Vietnamese capital next year, joining an increasingly crowded banking market here, a report said yesterday. The bank is the second one from Australia to open here, following the
          AFP  -  70 words
        • Article
          Lock icon American International gets licence
          58 24 Reuter NLW YORK American International Group, the nation's largest underwriter of commercial and industrial insurance, on Tuesday said it has been given a licence to operate an insurance company in Russia. The new company, Russian American Insurance Co, will provide all forms of insurance in the
          Reuter  -  58 words
        • Article
          Lock icon Profits of commercial banks falling
          69 24 AFP DHAKA The profitability of Bangladesh's eommcrcial banks has declined alarmingly over the past few years due to the high level of non-performing loans, central bank chief Khorshed Alam said on Tuesday. According to officials of the central bank, 32 per cent of the total
          AFP  -  69 words
      • Article
        Lock icon Orange County sells US$1.24b securities to cleanse investment pool
        331 24 Bloomberg Business News SANTA ANA, California Orange County sold US$l.24 billion (SS 1.81 billion) of its securities holdings, including its first sale of volatile structured notes, as it attempts to rid its troubled investment pool of risky securities. The county fund
        Bloomberg Business News  -  331 words
      • Article
        Lock icon Prudential pumps additional US$365m into scandal-rocked broking arm
        269 24 Bloomberg Business News NEW YORK Prudential Insurance Co of America said it was adding US$365 million (*****.18 million) of capital to its brokerage unit. Prudential Securities Inc. amid rising costs from the firm's limited partnership scandal and onetime charges to cut back
        Bloomberg Business News  -  269 words
      • Article
        Brent crude futures rise on decline in US petrol inventories
        248 24 Btoomberg ENERGY REPORT LONDON Brent crude oil futures rose after a reported decline in US petrol and crude oil inventories and increased refinery activity. In its weekly summary, the American Petroleum Institute (API) on Tuesday night said petrol supplies fell
        248 words
      • Article
        Lock icon Currency Reports: London
        192 24 Bloomberg Business News LONDON The dollar closed lower on the day against the Deutsche mark ahead of the last meeting of the Bundesbank's policy council today. The dollar was also undermined against the mark as traders used the German currency as a safe haven for their funds
        Bloomberg Business News  -  192 words
      • Article
        Lock icon New York
        96 24 Reuter NEW YORK The dollar was little changed from opening levels at US midday as the currency succumbed to preholiday doldrums. Dealers see the general range for the day between 1.5690 and ***** marks. The dollar is seen drifting between 100.10 and 100.50 yen. At midday, the dollar
        Reuter  -  96 words
      • Article, Illustration
        Untitled
        1733 24 I wdf Hrtfhird indry luKulatnJ against S'panr'f top 14 trading partners Bom- }var 198* (JS$/S$ forward rates Noon Dec 21 ss Bid Offer 1-month ***** 1 4621 2-month 1.4591 ***** J-month ***** ***** 6-month ***** 1 4547 Sounr (X'BC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9mi on Dec
        1,733 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars and Euroyen steady at close
        1291 25 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were steady at the close. Dealers said there was light short covering for Eurodollars alter inaction by the Eederal Reserve to hike interest rates. A trader with a Japanese bank said there had been interest
        Reuter  -  1,291 words
      • Article
        K L tin lower in line with London
        626 25 COMMODITY REPORTS KL Tin TIN price on the Kuala Lumpur Tin Market ended five sen lower to MS 14.95 per kg in line with the mixed sentiments on the London Metal Exchange overnight. On the LME. three-month tin remained unchanged at U555.891.
        626 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan copper products output up
          85 25 TOKYO Japan's production of rolled copper products and copper alloys were a preliminary 102.840 tonnes in November, up 16.6 per cent from actual production a year before, according to a report released yesterday by the Japan Brass Makers Association. That level is also up 1.1
          85 words
        • Article
          Aussie zinc output seen climbing
          63 25 SYDNEY The Australian government's official forecaster on Tuesday said Australia's exports of refined zinc will climb 2 per cent to 255,000 tonnes in 1994-95 (July-June) from 250.000 tonnes in 1993-94. The forecast by the Australian Bureau of Agricultural and Resource Economics takes into account a
          63 words
        • Article
          Australian Wheat Board merger talks
          103 25 SYDNEY Progress on long-running negotiations for the Australian Wheat Board to take a stake in Queensland bulk handler and marketer GraiAco will be put to shareholders early in the new year. Grainco chairman Ross Bailey told the co-oper-ative's annual general meeting that talks were progressing
          103 words
        • Article
          Slower beef export activity likely
          62 25 SYDNEY Australian beef export activity will slow over the next couple of weeks with northern processors closed for the holiday period, saleyard numbers down and little demand from key export markets. Cattle saleyard numbers in Queensland and New South Wales have slumped so far this
          62 words
      • Article
        COMMODITY PRICES
        1417 25 Rubber 0^21 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Imiwii TiMim c As at 12 noon (S cents/kg) RSS 1 Contract (S cenls/kg) 1 lose Volume KSS 2 Jan 95 213 50 214 50N Month High Low Sett (tonnes) Interest KSS 3 Jan 95 212.50
        1,417 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1046 26 +6.9 Shares climbed to a stronger close in subdued pre-Christmas trade yesterday, aided by a stronger gold sector, brokers said. The market barometer, the All Ordinaries Index, ended at 1.905.5 points, up 6.9 points, or 0.4 per cent, on Tuesday's finish while the index of gold stocks rose 27.8
        1,046 words
      • Article
        Manila
        637 26 50.55 Philippine stocks surprised brokers yesterday, surging by 1.8 per cent to add to an almost week-long upturn. The Composite Index rose by 50.55 points to close at 2.790.59 points after rising by 0.6 per cent on Tuesday. Volume rose by 25.5 per cent to close at 3.439 points
        637 words
      • Article
        Seoul
        438 26 +2.86 Share prices climbed on the korea Stock Exchange on a technical rebound against the backdrop of a three-day slide, brokers said. The Composite Price Index closed at 1.026.85 points, rising 2.86 points from the previous close. Advancers outnumbered decliners by 539 to 322 with 130 remaining unchanged. Trading
        438 words
      • Article
        New Zealand
        310 26 7.77 Interest was slight and volume light in a New Zealand share market already in holiday mood. Brokers expect quiet trading for the rest of the week with little on the agenda to move the market out of its torpor. The NZSE-40 Capital Index rose 7.77 to 1.938.27
        310 words
      • Article
        Bombay
        95 26 15.05 Sharc prices posted only marginal gains on the Bombay Stock Exchange (BSE) as investors stayed away ahead of the Christmas closure. The 30-share BSE Sensitive Index gained 15.05 points to close at 3,912.63 points. Analyst Manish Prasad said: "There is no activity in the market." Associated Cement Co.
        95 words
      • Article
        Taipei
        612 26 85.32 The bourse yesterday staged a comeback, boosted b\ low-cost textiles, which enjoyed the largest 4.1 per cent jump, dealers said. The 395-issue Weighted Price Index on the Taiwan Stock Exchange recovered 85.32 points, or 1.23 per cent, to settle at 7.010.6 points, following a 130.02-point jump the previous
        612 words
    • WORLD STOCK MARKETS
      • Article
        London
        748 26 12.23 UK shares ended a relatively quiet session modestly higher, continuing to benefit from a firmer Wall Street. The FTSE 100. which has risen six of the last seven sessions, closed 12.3 points higher at 3.070.4. Trading volume was around 670 million shares. Dealers expect volumes to shrink today
        748 words
      • Article
        Paris
        138 26 16.17 French stocks rose, the core index reaching its highest level in more than a week as US stocks surged, with heavy buying of shares in telecommunications giant Alcatel Alsthom. Shares in Alcatel Alsthom rose as much as 10.7 francs or 2.3 per cent, pulling the CAC 40 core
        138 words
      • Article
        Brussels
        166 26 -0.16 Belgian shares closed virtually unchanged in slow trade after staging a late recovery helped by a rebound in the bond market and a higher Wall Street start. Traders said they expected business to fall back further during the last days of the year and keep the market in
        166 words
      • Article
        Frankfurt
        178 26 +6.73 German shares closed higher but did not break the DAX technical resistance at 2,085. Turnover" was thin, mostly on technical trading in absence of fundamental news. Small buy orders underpinned market. Year-end funds buying could boost DAX to 2,100 by year-end. traders say. The 30-share DAX Index was
        178 words
      • Article
        Stockholm
        112 26 -0.17 pc Swedish shares closed lower despite a late recovery following Wall Street's firm opening. The OMX Index closed down 0.17 per cent at 1135.27 in turnover of 2.085 billion crowns. Drugmaker Astra's A fell 0.50 crown to 193.50. Ericsson rose 0.50 to 415.50 crowns. Metals and mining group
        112 words
      • Article
        Milan
        118 26 174 The Milan stock market scored a sharp gain yesterday as the Mibtel index broke up through the psychological 10,000-point barrier to end at 10.036 points, up 174 points. Traders said the good performance was mainly due to "technical" reasons. Milan Dec 21 Ure TTWilalia (>rd 905 25 Wit
        118 words
      • Article
        Zurich
        264 26 +9.81 Swiss shares ended higher on moderate turnover. Dealers said the technical recovery early on Wall Street supported sentiment. Otherwise window-dressing ahead of the year's end dominated trade. The broad SPI Index was up 9.81 points to 1,721.66. The blue-chip SMI Index was up 17.4 to 2.632.1. SMI Januarv
        264 words
      • Article
        Johannesburg
        324 26 +34.5 South African gold shares rallied yesterday as renewed gold price gains and good interest led the market higher across the board in steady trade, dealers said. The Overall Index was up 56.1 points to 5.803.2. the Industrial Index gained 34.5 points to 6.917.9 and the Ciold Index jumped
        324 words
      • Article
        Toronto
        282 26 13.21 Stocks moved higher in ear- ly dealings in follow-through buying from Tuesday's optimism. traders said. The TSE 300 Composite Index rose 13.21 points to 4167.34 in turnover of 16.61 million shares worth CS 159.39 million. Advancing stocks outpaced declines 211 to 184. with 264 issues holding steady. Of
        282 words
      • Article
        New York
        800 26 +31.% The Dow Jones Industrial Average was ahead 31.96 points to 3799.11 at 11 am EST. The New York Stock Exchange Composite Index was ahead 1.41 to 251.21. while Standard Poors 500-stock Index was up 3.11 to 460.21. Advances pounded declines 1.224-642 among the 2.689 issues crossing the
        800 words
      • Article
        Amsterdam
        227 26 +2.71 Dutch shares closed higher, ending a quietly mixed to firmer session with a last minute rally after Wall Street opened with big gains. The AEX Index closed 2.71 points higher at 413.35. But dealers reported that trading was down to a trickle as investors squared up positions before
        227 words
      • Article
        Untitled
        546 26 Vienna Dec 21 A<ch MM 20M t 21 Bjnk AiKiru PS 402 J CVBVVZ 63 J 3 FVN in* II Hugh-ilm 470 10 I cn/ing »77 lo>kjm 4X6 < M -k uljn Hid \'Z *11 wkIi OfMVVZ «l *f VA Tethnologic ItfW 17 Vcuwhn 333 I 1 crt>und Ulir A
        546 words
    • Article, Illustration
      Lock icon HONGKONG
      3138 27 AP AFP HONGKONG Shares closed higher for the third consecutive session on the Hongkong Stock Exchange yesterday, with capital (lowing in from the United States, Europe and Japan. The key Hang Seng Index of blue chips rose 64.23 points, or 0.8 per cent, closing at 8,331.56. On Tuesday, it
      AP; AFP; Source: Bridge Info  -  3,138 words
    • Article, Illustration
      Lock icon CHINA
      572 27 CLSA THE H market regained 0.5 per cent on reduced turnover of HKSB7.7 million. With buying interest from Japanese investors, Harbin Power remained the most heavily-traded stock, climbing 2.9 per cent on a volume of HK.534.7 million. The major loser was Kunming Machinery, which fell 5.7 per cent on
      CLSA  -  572 words
    • Article, Illustration
      Lock icon TOKYO
      2487 27 Reuter TOKYO Stocks ended easier, with the Nikkei Index going through technical correction after rising for five straight sessions. Some brokers said sentiment was becoming increasingly optimistic. but others said the mood remained bearish in the absence of major cash stock buyers. The Nikkei Average closed down 66.31 points
      Reuter; Source: Bridge Info  -  2,487 words
    • Article, Illustration
      Lock icon BANGKOK
      1817 27 Reuter BANGKOK Thai stocks closed higher despite heavy mid-afternoon profit-taking, particularly in the finance sector, brokers said. The SET Index closed 12.60 points higher at 1.365.28 on a moderate turnover of 7.1 billion baht. "Retail investors hopped from one sector to another." said an International Trust broker. Investors took
      Reuter; Source: Bridge Info  -  1,817 words
    • Article, Illustration
      Lock icon JAKARTA
      1132 27 Reuter JAKARTA Share prices closed higher on steady buying as local investors looked for bargains. brokers said. "Prices seem to have bottomed out and although volume was thin there was reasonable activity. Local investors were in the market today after realising there were some punting opportunities there," one foreign
      Reuter  -  1,132 words
    • Article
      CLOB INTERNATIONAL
      2512 28 C»r (>r 1994 |j»i \ol I ho IjM Qkk« l»i. I>i< \W Nrt M < ap High lam on|an) Sal* (1IOOI High lam Hmrr Seller S ("h S VH'. Smil MALAYSIAN STOCKS 39* 160 m MSB V* 291 cd -I 150 296 290 291 292 111 -2 9
      2,512 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks close higher on institutional buying
        7002 28 AFP KUALA LUMPUR Malaysian share prices closed broadly higher yesterday as local institutions emerged to nibble at selected blue chips after anxiety in the region over US interest rates faded, brokers said. The Kuala Lumpur Stock Exchange's 86-share Weighted Composite Index gained 15.98 points
        AFP; Source: Bridge Info  -  7,002 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8023 29 Gr Gr M Wl 1994 1j» Vol Da> LaatQwMe Dl. Di. VM Net Cap Avg High Lot CampMy Sak <*M) High Lot Buyer S*Urr CW P'l tall Price moustrml and commercial 720* 417.)*ml > Vnu 50c 480 8 159 480 470 478 480 8.8 4.7 0.9 15.3 661.7 470 547*
        8,023 words
      • Article, Illustration
        Lock icon Recovery continues on Fed decision, M'sian rumours
        1903 30  -  By R Sivanithy SINGAPORE The local stock market yesterday continued its recovery following the US Federal Reserve's overnight decision not to raise interest rates and expectations that several Japanese funds were about to enter the market. Also aiding the market's performance was a
        Charts by Bridge Info; Source: Bloomberg  -  1,903 words
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      Page 21 Advertisements Column 1
      320 21 NEWS VALUE China still the main draw for S'pore investors, says EDB (PX I) So-called "China concept" stocks likely to continue to attract interest. Dampening effect of GST lasted brief 3 months, says Dept of Stats (pg I) It may be a while before confidence in retailing stocks returns. SIA
      320 words
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      285 23 INFBline I In English Number Horoscopes (Daily) 8450 The Sagittarius Man; Win Prizes! Entertainment News 8451 Juicy News Of JFK Jr, Al Pachino, Twiggy, Shannen Donerty A Elizabeth Taylor Ghost Stories 8452 A Farmer's Story; Win Prizes! Children's Funland 8453 Kiddies' Quiz Face Facts 8454 The Queen Mother Dreamland 8455
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      183 25 We provide shelf companies and incorporation serv ices in ALL jurisdictions, including British Virgin Islands Cook Islands Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For
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      Page 25 Advertisements Column 2
      40 25 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies fit Markets. Everyday
      40 words
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      Page 26 Advertisements Column 1
      108 26 f »#:BaMi 7 -,4| What better gift this Christmas than one that takes your action lift and cut rotary system with new improved relationship to new places. When you buy any Philishave microgrooves gives cleaner, smoother shave. Hurry Rota 93 (models HS 985,965,915 885), you'll receive down to any leading
      108 words
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      Page 27 Advertisements Column 1
      53 27 Sin<m>ore ntt:HUUKCIASS• lixky PUm TH 7MMJIVI Stttflv2l*n77/7l<M fc t'oMiciKMiH Td /MI VMVfidt IVnmsulo IM.i/j li-l M/HKWSUIVrt J WixMli.KtcCculirM 7711(107 CfciMUSi Aif|*m Tmnirwil l<l>4 KWpd WhmM Tri VtWttWWI Rimiiul i ISoulli Wnn;l trl VIVftUHI Sotc A«cnl TIM. IKXIK CI ASS JO Itak-kMil Ru«l. *>7 00 WHl.in-.too S«MMeWH.M 11)7411.Vm 2V>Wfl THF.HOURGLASS H
      53 words
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      Page 28 Advertisements Column 1
      64 28 SiiMttKMe Till. IKMIK GI.ASS l.u<ky IHd/a TW 7M74XVI Kmllt.'R.-l 27V»77/7I<M l M rMI WWttH IVlliimiUl W.l/J.TH )i fH WW) WW> I Wtxkt ll,Kk' (ovt.o t'cl 27)1007 PalaK Kcnate%ancr. TH 7D1267/VI) KaHk-s TH 1M1241* Ait|x*l Tciiniiul 1(1 iisl t.Wcsl Wines). "M MTWMM). Tbiminal I (South Wii«|. TH 'M7MMI Sole A*cnt TIIMKKIK
      64 words
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      Page 29 Advertisements Column 1
      58 29 WATCH FOR THOSE WITH Kll^HH Sole Agent: DICKSON WATCH JEWELLERY (S) PTE LTD CHOPARD BOUTIQUE: WISMA ATRIA 435 Orchard Road #02-36 Singapore 0923 Tel: *****51. DICKSON WATCH JEWELLERY: THE PROMENADE 300 Orchard Road 101-03 Singapore 0923 Tel: *****00.' CENTREPOINT 176 Orchard Road #01-05/06 Singapore 0923 Tel: *****22 Service Centre: CENTREPOINT
      58 words
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      Page 30 Advertisements Column 1
      32 30 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. _mz__
      32 words
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      Page 30 Advertisements Column 2
      519 30 NOTICES IN THE MATTE* Of THE COMPANIES ACT, CAP.» AND IN THE MATTES Of MEGAPEX TRADING PTE LTD (ImrparaM la the RepaMk af StapfNt) At an Extraordinary General Meeting of the members of MEGAPEX TRADING PTE LTD. duly convened and held al 76 Tanjong Pagar Road. Singapore 0208 on Monday.
      519 words
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      Page 30 Advertisements Column 3
      329 30 M THE MATTER OF THE COMPAMES ACT. CHAPTER 90 DAJUN ASIA PTE LTD MEMBERS'VOLUNTARY UQUDATION At an Extraordinary General Meeting of the Company deemed to be held on 15 December 1994. the tofl&Mng resolutions were duly passed 1) SPECIAL RESOLUTION WINDING-UP That tie Company be wound up voluntarily pursuant to
      329 words
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      Page 30 Advertisements Column 4
      335 30 M THE MATTER OF THE COMPAMES ACT, CHAPTER 90 EAC MACHINERY (SMGAPORE) PTE LTD MEMBERS'VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN that the creditors of the Company are requred within thirty days thereof to send m the* names and addresses and the particulars at the* debts or claims and the names
      335 words
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      Page 30 Advertisements Column 5
      338 30 M THE MATTER Of THE COMPANES ACT, CHAPTER 50 UNOTYPE-HELL SUPPORT CENTER (S) PTE LTD MEMBERS'VOLUNTARY LIQUIDATION At an Extraonftnary General Meeting of the Company deemed to be held on 16 December 1994. the toUownng resolutions were duly passed 1. SPECIAL RESOLUTION WMOMG-UP That the Company be wound up voluntarily
      338 words
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      Page 30 Advertisements Column 6
      350 30 M THE MATTER OF THE COMPANES ACT, CHAPTER SO AND M THE MATTER OF WIRAH INVESTMENT PTE LTD (M UQUDATION) Extract of the Minutes of an Extraordnary Ganeral Meeting of tw Company held on tie IStiday of December, 1994 •SPECIAL RESOLUTIONThat the Company be wound up voluntarily pursuant to Section
      350 words
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  • Shipping Times
    • Article, Illustration
      Short-term fall in dry bulk freight rates before recovery: report
      424 31  -  By Ramesh Divyanathan SINGAPORE Dry bulk freight rates will fall in the short term, then recover about the middle of 1995, says stockbroker G K Goh. In a recent research report, the company says rates today for the three main
      424 words
    • Article
      Det Norske Veritas, Kockums Computer in software tie-up
      259 31 SINGAPORE Oslo-based ship classification society Det Norske Veritas has joined forces with Kockums Computer Systems to provide the shipbuilding industry with integrated software applications. The applications are for the design, classification and production of ships, Det Norske Veritas said this week. "The
      259 words
    • Article
      Lock icon Oil tanker and bulk carrier collide off Portugal
      296 31 Reuter LISBON An oil tanker and a bulk carrier collided about 340 km south-west of Portugal early yesterday, but both ships are still afloat and their crews are safe, Portuguese officials said. "The situation at this moment is completely under control," said
      Reuter  -  296 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      680 31 P«ge Col Able Shpg 7 4/5 Accord Group 8 1-3 •Ahlers Lines 13 5 Ahrenkiel Liner 4 1/2 •Appenship 4 4/5 •ANL 3 4/5 •ASCL 5 5 Astro Shpg 8 4 Avant Shpg 6 4/5 •Bank Line. The 9 5 Batamindo 7 3
      680 words
    • Article
      Reclamation for Pasir Panjang terminal's 1st phase ready in '97
      281 31  -  By Chew Farn Chyi SINGAPORE Reclamation work on the first phase of the Pasir Panjang container terminal is expected to be completed at the end of 1997. And reclamation for the second phase of the giant project will start in
      281 words
    • Article
      Keppel's Cebu unit finishes graving dock expansion
      249 31  -  From Al Labita in MANILA A UNIT of the Keppel group, Cebu Shipyard and Engineering Works, has completed expansion of its graving dock, paving the way for the repair of more and bigger vessels. Cebu Shipyard president Lee Kwang Mong said on Tuesday
      249 words
    • Article
      DAILY FREIGHTS
      1207 32 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,998 on Tuesday from 2,004 on Dec 19. FIXTURES Tanker Activity picked up in the tanker market with some of the rates edging higher after a slow start Monday ahead of the West's Christmas holidays, brokers
      1,207 words
    • Article, Illustration
      Precious targets niche market
      936 33  -  By keeping its fleet small, Precious Shipping has been able to reap big rewards. Alan Boyd reports from Bangkok Alan Boyd BIG THINGS come in small packages at least where Precious Shipping (PSL) is concerned. The Thai-based t&mp operator goes all out to avoid the large
      936 words
    • Article
      THE SHIPPING GUIDE
      11744 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after
      11,744 words
    • Article, Illustration
      Lock icon Worst is over for truck makers
      1268 43  -  After years of recession, demand for commercial vehicles is on the rise again. Kevin Done reports Kevin Done FT THE WORLD truck industry is no place for the faint-hearted, as markets plunge through exaggerated cycles of feast and famine. Z Four years of recession
      FT  -  1,268 words
    • Article
      SHIPPING AGENTS
      3068 44 A r\l[ Containerline NV: Belsin Shpg Ajracw Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Lid (SVAccord Contr Line (PK/PN). Adkris Bwincn Corporation Philippine Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd
      3,068 words
    • Article
      CONFERENCES & CONSORTIA
      226 44 CONFERENCES CONSORTIA "K" Line; Orient Overseas Container Line! (Nertfc Amerlea/Far Cad): American resident Lines; Sea-Land; Neptune (Went Lines; Maersk Line; Nippon Yusen Kaisha Line; Mitsui OSK Lines; Nippon Uner System; M K" Line, Hapa«- Trafta»PaeHle Freteht Cewfereaee ef lapßi Umm to US Mat caaal pertsX Neptune Orient LmesTAmerkan President Lines;
      226 words
    • Article
      COURIER SERVICES
      278 44 Abacus Courier* Td: 545-8011. Fax: 545-1898 Air Lxpress Travel Tel: 533-5771. Fax: 535-6144 Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716 *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Link International Td: 344-3377. Fax: 345-6450. Cluster Link Supplies A Services
      278 words
    • Article
      AIR FORWARDERS
      1538 44 Ahex Express Freight Td: 542-7171. Fax *****84. Actinic Forwarder Td: 225-1833. Fa*: *****42. Actirair Singapore Td: 542-7822. Fax: *****20. Arroiink Freight International Td: 545-8033. Fax: *****05. Aeratpeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666. Fax: *****74. *****50. Air
      1,538 words
    • Article
      PORT CONDITIONS
      2524 45 ANGOLA lobitu, Namibe: Ports quiet. Soyo: A local coastal cargo vessel recently berthed alongside the Kwanda base jetty. A vessel which previously blocked the channel from the Zaire river to Kwanda base has shifted and allows passage down the channel. Cabinda: Port quiet. ALI offshore crude oil export
      2,524 words
    • Article
      CRUISE & FERRY SCHEDULES
      739 45 CRUISE FERRY SCHEDULES CRUISE SHIPS Air Dep Name of Vessel El A K I D Ports of Calls Port Agent Telephone No DECEMBER 22 22 Dclfin Star 1300 2100 Kukup Harpers Shipping 221-1388 22 22 Renaissance I 0800 1100 Penang Renaissance Cruises 222-3388 22 22 Megastar Aries 1600 2030 Malacca
      739 words
    • Article
      Lock icon SHIP SALES
      859 45 The information was contributed by Simpson Spence Young. WITH the festive season almost upon us there has been no let up in the number of transactions coming to light, especially in the dry bulk market, noticeably very well supported by Greek buyers. For example there are reports of
      The information was contributed by Simpson Spence & Young.  -  859 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        553 46 Voy Hi WhI Bjprtw Vessel Voy No Beftti Arrival Departw e Jurong Port Batam 2/?m* row 2212/0/00 2212/0900 Bntt Ann 120/21 alongsrie 2212/0300 8alam Speed4 ****** POIA 21 12/2030 21 12/2230 Dooyang Wm 01/94 JIS/1/ alongs* 22 12/2359 Balam Sjjfwft ****** P01A 15 13/2200 15 13/2359 Gmfc
        553 words
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        CONTAINER SCHEDULES
        1281 46 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From Au Daisy 060* 24/1000 1A 21/1500 21/1659 21/1900 4 22/1200 22/1459 22/1700 A" We 2178 23/1100 2A 21/1700 22/0659 22/0900 4
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      • Article
        COCKETT BUNKER MARKET REPORT
        916 46 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive descrip- tion of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change
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      • Article
        VERITAS BUNKER QUALITY REPORT
        580 46 Catm Dcc 15 Dem*y Niter Residue Mi Mnun Seftmit MM EJUOT KG/M*3 tV/V M/M I M/M PPM method BO/Omac 1Mb Spec E25 991 10 150 010 30* 010* Spec G35 991 1.0 18 0 015 30* 0.10* Northern Europe 180 Ave 981 0.2 12.8 0 05
        580 words
    • AIR AND LAND TRANSPORT NEWS
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        Lock icon US airlines headed for more turbulence next year
        468 48 Reuter NEW YORK The US airline industry, dragged down by years of financial turmoil, is flying into 1995 with old baggage and a few new problems. The troubles could force one or more carriers into bankruptcy next year while the survivors struggle
        Reuter  -  468 words
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        Lock icon TWA says it has reached crucial leasing agreements
        345 48 Reuter NEW YORK Trans World Airlines Inc has reached key aircraft leasing agreements that will help the financially troubled carrier survive the winter, an airline executive said on Tuesday. But the St Louis-based airline's chief financial officer Robert Peiser warned in an
        Reuter  -  345 words
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        Lock icon Denver Airport's challenge to prove itself
        203 48 Reuter DENVER Once Denver International Airport finally opens next year, it will face the challenge of proving it can save airlines time and money, making higher landing fees look like a bargain. "We're going to use the efficiency of the airport to bring in
        Reuter  -  203 words
      • Article, Illustration
        Lock icon Mercedes to build Swatchmobile in France despite protests
        502 48 FT FRANKFURT Germany's Mercedes-Benz and Swiss watch group SMH are to go ahead with plans to build a 750 million mark (***** million) car factory in France despite political and trade union protests. Construction will start next autumn, and production of the
        FT; AFP  -  502 words
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        Lock icon Nissan to sell Mexican-made cars in the US
        457 48 Bloomberg Business News TORRANCE, California Nissan North America Inc outlined a strategy to sell Mexi-can-made cars in the US and US-made cars in Mexico, partly to avoid higher costs caused by currency fluctuations. The company also will enjoy newly reduced tariffs under
        Bloomberg Business News  -  457 words
      • LOG BOOK
        • Article
          Yangming-Bahasa Utama service
          91 48 SINGAPORE Taiwan's national carrier Yangming Marine Transport Corp and Indonesia's PT Bahasa Utama Line will operate a weekly service between their countries, covering other Asian ports on the way. The service, starting tomorrow, will run from Jakarta. Surabaya and Kaoshiung to Keelung, Moji and Pusan. Calls en
          91 words
        • Article
          Lock icon Memphis is world's top cargo airport
          108 48 Reuter PARIS Memphis was the world's busiest air airport during the first nine months of 1994 when it handled 1,207,994 tonnes, up 15.1 per cent on the same period last year, according to Airports Council International (ACI). Memphis is the base of US express
          Reuter  -  108 words
        • Article
          Lock icon Lufthansa names new US cargo VP
          61 48 Reuter NEW YORK Deutsche Lufthansa AG's cargo division, which will become a separate Lufthansa subsidiary and profit centre on Jan 1. said it has appointed Michael Vorwerk as vice-president cargo for the United States. He succeeds Joachim Haas, who is returning to Frankfurt to
          Reuter  -  61 words
        • Article
          Lock icon GPA sues Mexicana over jet leases
          111 48 Bloomberg Business News NEW YORK GPA Group pic. an Irish aircraft leasing company, and an affiliate filed lawsuits on Tuesday against Compania Mexicana de Aviacion. a unit of Aerovias de Mexico, accusing it of defaulting on eight passenger-jet leases. GPA is seeking the immediate
          Bloomberg Business News  -  111 words
      • Article
        Lock icon Brierley to buy Japan Airlines' 5% stake in Air NZ
        283 48 Bloomberg Business News WELLINGTON New Zealand's Brierley Investments Ltd said it will purchase the 5 per cent stake in Air New Zealand Ltd held by Japan Airlines Ltd for NZ$lOl.2 million (Ss94 million), or NZ54.55 a share. The purchase will
        Bloomberg Business News  -  283 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1385 48 Crtjr tl* Fifht HP Ma Dhabi Gf 146 1110 Gf 147 1850 SQ441 1455 GA975 1520 GA883 1545 Adelaide QF81 1930 Qf82 2050 SQ228 2035 Amsterdam KL843 0545 SQ26 2355 SQ25 0635 KL838 2335 GA975 1520 KL837 1450 Athens SQ347 0705 Auckland SQ286 2035 BAH 1350
        1,385 words
  • Page 31 Advertisements
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      21 31 2 New Services to Far East RTA Arriving Wed to Pusan Incheon lAX Arriving Fri to Tokyo, Osaka Yokohama Hotline 326Q23Q
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      Page 31 Advertisements Column 2
      27 31 Lines and service* represented by Members of the Registry of Accredited /rfffcffi* Shipping Agents, Singapore National Shipping Association. \*^Ery For advertising enquiries, contact Shipping Times. Tel 740-2089/740-2090
      27 words
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      Page 31 Advertisements Column 3
      56 31 the FAMOUS CaußOPi For more information pleaite refer to Pg. 13 Precious Shipping targets niche market, Pg 3 Worst is over for world's truck makers, Pg 13 US airlines headed for more turbulence next year, Pg 18 CENTRE STAGE Keep in step with the culture beat. The Arts. Every Monday.
      56 words
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      Page 32 Advertisements Column 1
      1679 32 I WNMU MMRT^ IMMfflppppppppw ~1 wssa W STOK LA OM *Ot «A DAL HOUSTON CMC Iff MEBCO OTT ttSSEI STOK MCBS AMES MONTEWKO WO K MKMO wnOS WW HUBM HUMSM *BKL/*OT wo. tos mmbo MMMM mama gro STOK curoww noil u~ 21-2212 17.1 oxT~ 110 12.1 111 111 iu iu
      1,679 words
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      Page 33 Advertisements Column 1
      1664 33 i OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES JAROINE SHIPPtNG AGENCIEB SON. BHD. 200 CANTONMENT ROAD. 12-05 SOUTH POINT. SINGAPORE 0208 PETAUNG JAVA TEL: 03-*****70 FAX: 03-*****42 CFS: 03-*****42 1 CR NUMBER: **********0 C PENANG TEL: *****4 FAX *****1 j| DOCUMENTATION TEL: *****55 <INWARD>/*****90 (OUTWARO) Ip OH TEL: *****3/4 FAX:
      1,664 words
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      Page 33 Advertisements Column 2
      637 33 ANLu IT'S AUSTRALIAN FOR SHIPPING TO AUBTHAUA (BAST COAST) I PROM AUSTRALIA (EABT COABTr watvwor Jit «s I scr Ibm sro m bur hob wjsa/wy me syd ma m hob kt sgt Wc TOMSK (K 11/12 22/12 24/12 05/01 00/01 11/01 IJ/01 A TtMASCK UN 24/11 2«/U 02/12 07/12 U/12
      637 words
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      Page 34 Advertisements Column 1
      1331 34 ROAM ii SOUTH- PORT I 111 VOY NO HAMBURG ANTWERP HAVRE AMPTON KELANQ S PORE HKQ KAO TYO SHI KOfl NAO KAOA 38/248 29/11 1/12 3/12 22/12 25/12 27/12 2»/12 5/1 30/12 STUTTGART EXPRESS 07/445 3/12 5/12 7/12 30/11 25/12 30/12 KIRtSHtMA 07/249 8/12 6/12 10/12 29/12 30/12 3/1 5/1
      1,331 words
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      Page 34 Advertisements Column 2
      539 34 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 fl I Loading for ENERGETIC Dubai/Bahram/Damman/Kuwait I SEA VENUS Hodeidah/Jeddah/Aqaba 'Loads Singapore. E./W. Malaysia. Indonesia I I Loading for DONA V Los Angeles/New Orleans/ I Charteston/NorTolK/Camden I OCEAN EVER
      539 words
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      Page 34 Advertisements Column 3
      1162 34 NORAS IA ALG BCL VAL HJS^B^^RO^AII^F^^LHA NORASIA SHAHJAH 9450 3 22/12 10/01 11/01 14/01 14/01 15/01 lt/01 17/01 19/01 19/01 SI MOTIVATOR 4SIW 21/12 17/01 20/01 21/01 21/01 22/01 23/01 24/01 2C/01 26/01 SM MTIATIVC 4S2W 04/01 24/01 10/01 11/01 20/01 27/01 27/01 20/01 20/01 30/01 NORASIA MALTA 9501 3
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      Page 35 Advertisements Column 1
      1328 35 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppd Towers Singapore 0208 Tel: *****88 STRAITS VENTURE V3IE Mum. Lab iTok S!h>k 23 0k FCI. LCL CONTAINER ANO MCAKRULK SCRVtCf TO PAPUA NCW OUWCA C I NASA 111-30 VI2E Muara. Lab. KK 26-27 Dec 27 Dec 28 Oec STRAITS VENTURE
      1,328 words
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      Page 35 Advertisements Column 2
      2053 35 w 0 Singapore Agent: KXjI 1 I ft fip#C P&O Containers (Singapore Agencies) Pte Ltd 10 Hoe Chiang Road, #07-01 Keppel Towers, Singapore 0208 Hrst Class Connections WORLDWIDE f&JJf 41>N(x^p t 225 5327/222 75,7 VESSEL VOY 'MO 'MO SM SOU ANT HOT HAM OOT SM LEH I VESSEL WOT ZEE
      2,053 words
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      Page 35 Advertisements Column 3
      238 35 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 26/12 ROTTERDAM 26/12 AARHUS/COPENHAGEN 26/12 HAMBURG/BREMEN 29/12 MARSEILLE/FRANCE 27/12 FELIXSTOWE/UK 26/12 BARCELONA/SPAIN 23/12 LEHAVRE/FRANCE 29/12 GENOA/ITALY 24/12 ANTWERP/BELGIUM 26/12 LOS ANGELES/WC/PI 30/12 SYDNEY/MaBOURNE 24/12 NEW YORK/EC 30/12 FREMANTLE/ADELADE 24/12 VANCOUVER 28/12 BRISBANE 23/12 TORONTO/MONTREAL 28/12
      238 words
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      Page 36 Advertisements Column 1
      498 36 *cfo- JOIHT VENTURE Vfy SAMUDERA INDONESIA CID RICK MERS SINGAPORE C^INA GREEN ERA VOY 3NB 5 JAN QMGNO DASA SEPULUH VOY 3NB 29 JAN JUNGING INDUCEMENT CALL P KELANG RBUCEMENT CAtl Hi, P GUOANG, BELAWAN. TG MAM XIAMEN. ZMftGJGMK > UTAMA HARTA f g WEEKLY FUU. CONTAINER SHIP FEEDER ■BBBBaaaaaBaaHBZEmiEEB^H
      498 words
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      Page 36 Advertisements Column 2
      1132 36 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPBMTION TEL: *****41-253 SALES TEL:- *****30-233 TIL: *****71-275 FOR *SL Ml LK HAUL SM TW POX FT* m V IIM HAUL SAV 1M NYC HMIJM HAMBUR6 02QC 30/12 OHCT 19/1 20/1 21/1 —|M M/ 12 H PORTLMS 9091 2/2 3/2 5/2 HMUN SWGAPOW 016E 6/1
      1,132 words
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      Page 36 Advertisements Column 3
      1310 36 -VI d I Im str >sc uc w m os ki w m m c« ui inc uk m m nf psd n n I SK/LI" 2 V,V if/f M/. 1 !i>! }M ii'f 14/1 25/1 1/2 in W2 a/? o/i 10/3 »/j wj I E. on KOW 2/1 4/1
      1,310 words
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      Page 37 Advertisements Column 1
      2773 37 VARNA (BULBARIA) tOMSTUrm HMtUMU) VIA UMASSOL r 3 SAIIINO nm month J Shppm'i C*wrK 4f M a TH iG»n*r»J): 2261*00 Silnßooklaf AJi»MC|r r#KTA» SUIPPIUn arc Irn r iGtnertl): ;MIM< CMtHMr; CmmOmJnmt Src O/l. 4MMM QhtiUm CmlWnt: *****15 LvolMK SHirrinu rlt LTD nkc »«i cosmip c««i—«m—>. 4205*50 <wt»s cw>—«<■■«<: ms/m iJ&XtZ'J?*''
      2,773 words
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      Page 37 Advertisements Column 2
      1082 37 FOR BOOKING 1800-*****00 (TOLL-FREE) OUT»OUWO PM PtH PH SW HAG MO TAI K£[ ROB OS* MO) BUS WAN HN 71VN01? IS/12 It/12 21/1? 22 23/1? 2S/12 28/1? 30/12 01/01 T/S via MO "osToT "oMU 07/01 00/01 WAN HAI 20S/NO4I 21/12 22/12 24/1? ft 24/12 30/12 31/12 02/01 03/01 09/01 1
      1,082 words
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      Page 38 Advertisements Column 1
      1188 38 W lirM ill rrr JltT 1 S VEBBgL *°I =V 1 VESSEL VOV SIN PEW Bf] mgggKM a ISRA BHUM MS Fri 23/12 Wad _2|/12_ sm| BHUM 4703 Thu In pT Sat 24/12~ Bj| VESSEL VOV SN BKK SHATRA BHUM «1S 841 24/12 Tua 27/12 B|R 4705 Mon 28/12 Wad
      1,188 words
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      Page 38 Advertisements Column 2
      1169 38 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0^ BTBAITB SHUTTLE BERVICE PORT KLANG PENANG J_ vessel I vor I aw pkl vessel wr l sm rat SEA LAUREL 346N 21/12 23/12 (FRI) MCC CONVEYOR 4004 23/12 (FIB) 25/12 (SUN)J HAG GLORY ****** 23/12 (FRI) 25/12 (SUN)
      1,169 words
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      Page 39 Advertisements Column 1
      903 39 PACIFIC INTERNATIONAL LINES (PTE) LTD] I 140 Ceci Street, #03-00 PIL Building, Singapore 0106. CR NO *****6 *****E I I I > VESSEL VOY SIN CMS JIB HOO JED AQJ AOE PZU MSW ASA I v > KOTA SERLIAN BRL2SS 29/12 3/1 10/1 12/1 14/1 IS/1 13/1 1«/1 20/1 KOTA
      903 words
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      Page 39 Advertisements Column 2
      958 39 KSSEIS *0r m 11 HAVRE HAMBURG IHAMES ROITEROAM ANTWERP Will Ot ITRA WW 21/12 U/01 2Q/Q1 22/01 23/01 24/01 Vtlt Dt VEIA *o*w 05/01 25/01 27/01 29/01 30/01 31/01 wit DC IHANA io7w 12/Qi 01/02 03/02 05/02 06/02 07/02 Witt Ot IUCANA UO7W 00/02 10/02 12/02 13/02 14/02 *AISO ACCEPTMG
      958 words
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      Page 39 Advertisements Column 3
      572 39 1 BSfl aT MYANMA •«BBk five star line V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen PGdf HPA AN V2O6W h Pt AVA VI3IW 26/21 Dec 30/01 l«i SAGAMG V3SW 22/24 D« PAGAN V2ICW 27/25 D«c MAUTSIA AGENTS BOUSTIAD SHPPWG AGENCCS Ml HI 02-11-*****00 P*l TU 02-03
      572 words
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      Page 42 Advertisements Column 1
      1694 42 TO EUROPE FROM EUROPE fang m po» Mono va stow uh htm hum bbh ot va mi stok kg fiban not sfobul ngo 1 yon Kt/MM 4201/47(1 "HIT 17.12 KOIOIGAN 2454 21.12 07.01 0101 09.01 11.01 12.01 MONG KONG 1444 21.12 22.12 2( 12 31.12 2112 BSE/DOM <205/4705 24.12 24.12
      1,694 words
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      Page 42 Advertisements Column 2
      401 42 Tsifl HKG/TWN/BKK GENOA. EUROPE PEN PKL SIN 5 SAILINGS/WEEK PEN PK SIN 20/12 21/12 22/12 HKG/BKK/KEE/KHH G«noa/Barcelona/Marsei«s 22/12 23/12 24/12 i 23/12 24/12 25/12 HKG/BKK/KEE/KHH G'burf/C'hafen/S'holm/Oslo 25/12 26/12 27/12 27/12 28/12 29/12 HKG/BKK/KEE/KHH Piraeus 27/12 28/12 29/12 j RECEIVING TO Ldn/Fli/Rtm/Ant/Ham/Leh 24/12 25/12 26/12 < 20/12 21/12 22/12 SHANGHAI/DALIAN I
      401 words
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      Page 43 Advertisements Column 1
      821 43 m PJ H vl%w Bh| M Rll RQNfI M l^| MEDITERRANEAN FAR EAST SERVICE EXPORT: TO E/W MED IMPORT: FROM MED/EXPORT TO FAJI EAST] ga mm dot gain um w i> m 0 m I una mm m w_ «t »o no no una mumm 21/12 27/12 05/01 mm 11,11
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      Page 43 Advertisements Column 2
      309 43 II VESSEL VOY SM MAA SIN I I TIGER ISLANO 125N 24 25/12 30-05/01 II 28/01 I CAPE HERMES 203N 26-27/12 31-06/01 11-12/01 I TIGER CAPE 012N 30-31/12 05 12/01 17 18/01 I TIGER BRIDGE 313N 31-01/01 06-12/01 17-18/01 I TIGER BAY 126N 04-05/01 10-17/01 22 23/01 I TIGER SPEED
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      Page 43 Advertisements Column 3
      373 43 I PONGNAMA line! *SSU (MSS) ttr M MM ME MC BSN MSnON MI3N 2VU 17/U il/12 M/tl U/ll MMM MIM 11/11 U/« M/ 91 M/tl M/tl 11/11 TUSOM Wl« M/tl 11/ M 1V»1 21/tl H/ll ummc rum wtm it/11 i«/ti 11/11 a/ti a/ti WOUND THi A«IA SIRVICt «ai («n w
      373 words
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      Page 43 Advertisements Column 4
      351 43 g^^^^icisitrTTrniMiETsssE^Ts^T^Tri TEL: *****33 (12 LinM) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Line*) CR NO.: **********0E Vessel Voy ETA Loading For Abbay Won* 42W8 26/01 Mombtu, D)iboutl Asssb. Mmmwi Abbay Wonz 43W8 28/03 Mombasa. Djibouti iff gfr Mimiwi n LLV (ON'TAINERISED REG I LAR LINER SERVICE ACCEPTING BOTH FCL/LCL ALSO
      351 words
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      Page 47 Advertisements Column 1
      411 47 HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 [pna Twe pgo vessels vor sm rtm ant leh ham bre* Fa 21/12 23/12 24/12 H. PIONEER 312* 26/12 13/01 15/01 14/01 IsToI IsToI 17/01 2S/12 30/12 31/12 H. FRONTER 314* 02/01 20/01 22/01 21/01 22/01 22/01 24/01 04/01 06/01
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      Page 47 Advertisements Column 2
      395 47 STRAITS/ JAPAN/ STRAITS SERVICE MULTI PURPOSE t ROM) CARRER SPECIALIZE M HEAVY UFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS KSSEL VOY SM MM FOR HTSY I 24/12 BANGKOK 21/12 HO CH MMt 11/12 HATNONG J/1 SAA KKf ACE 5 25/12 29/12 BATAM 27/12 AWHKA AMMTNA 3 29/12
      395 words
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      Page 47 Advertisements Column 3
      639 47 VtSSfL YOT SW ETA/D LAX OAR CHI DAL MEM/COL NOU NYC NOB AUJCATOR PWDE S6A 22/12 /23/12 01/01 10/01 11/01 12/01 12/01 12/01 13/01 13/01 IBMT HUDSON BRDGE 80A 28/12/30/12 15/01 17/01 11/01 19/01 IS/01 20/01 20/01 21/01 ALLIGATOR VICTORY StA 05/01/ot/01 22/01 24/01 25/01 20/01 2t/01 27/01 27/01 21/01
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      301 47 TODAY'S TIDES (height in metres) HOW OOOO 0100 0200 0300 0400 0600 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.0 2.4 2.5 2.5 2.2 1.8 1.4 1.2 1.1 1.3 1.7 2.2 2.8 3.1 3.1 2.8 2.3 1.7 1.1 0.7
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