The Business Times, 4 January 1995

Microfilm: NL19765
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 194/12/94 Wednesday January 4 1995 75«
    13 words
  • 2am LATEST
    • Article
      Lock icon Dow up 3 points
      71 1 Reuter NEW YORK US stocks were lower at midday EST but picked up later yesterday. The New Year got off to a soft start. Declines led advances by about 12 to nine. At 11 am, volume was about 73 million shares, compared with 68.19 million in
      Reuter  -  71 words
    • Article
      Lock icon AT&T Capital to buy European leasing firms
      40 1 Reuter MORRISTOWN, New Jersey AT&T Capital Corp, the largest US equipment leasing and finance company, yesterday said it will buy Banco Central Hispano's vendor leasing and finance firms in seven European countries. Reuter
      Reuter  -  40 words
  • Article
    MARKET SUMMARY
    167 1 Stock market indices Tuesday Change STII 2.246.25 +6.69 KLSEComp 969.70 -1.51 Nikkei closcd Hang Seng 7.844.14 -346.90 SET Index 1.354.05 -6.04 Jakarta Comp 472.38 +2.24 CLSA China B 909.33 -9.62 Aust All Ord 1.904.9 -7.8 FTSE 100 3.065.7 +0.2 Tuesday Previous 1 pm ES I close Dow Jones
    167 words
  • Article
    S'pore brokers' commissions topped $2b last year
    453 1  -  By Quak Hiang Whai SINGAPORE Last year was not a good one for investors but for Singapore brokers, it was better than the bull run of 1993 they raked in gross commissions of more than $2 billion last year, about the same as
    453 words
  • Article, Illustration
    Lock icon Regional markets limp into the new year
    324 1 SINGAPORE Regional bourses ended the first trading day of the year mixed, with local factors providing the main features. Singapore's Straits Times Industrials Index managed to rise 6.69 points to 2,246.25 on index-linked buying in the last hour of trade. It would have
    Source: Bridge Info  -  324 words
  • Article
    China-US trade row sparks 4% fall in Hang Seng index
    358 1  -  From Lim Soon Neo in HONGKONG TRADE friction between China and the US cast a pall over the Hongkong stock market yesterday, resulting in the blue-chip Hang Seng Index plunging 4.24 per cent to 7,844.14 points on the first day
    358 words
  • Article
    Jumabhoys to take 45% stake in Aussie duty-free retailer
    529 1  -  From Florence Chong in SYDNEY SINGAPORE'S Jumabhoy family has agreed to buy a 45.74 per cent stake in MS McLcod, which runs Australia's largest duty-free retailer. Downtown Duty Free. In a statement to the Australian Stock Exchange yesterday, MS McLeod said
    529 words
  • Article, Illustration
    Lock icon MAS intervenes as S$ hits record high against US$
    329 1  -  By Paul Leo SINGAPORE The Singapore dollar started the year with a bang, surging more than a cent to a record high of 5i.4510 against the greenback vesterday before easing to end at 51.4535. The local dollar started the day stronger
    Source: Bloomberg  -  329 words
  • Article
    Jardine stocks make subdued start in SES trading
    331 1  -  By Chew Farn Chyi SINGAPORE Jardine Matheson and Jardine Strategic Holdings, members of Hongkong's Jardine group, made a subdued debut on the stock exchange here yesterday. The companies had delisted from the Hongkong exchange at the weekend. Jardine Matheson opened at USS7.IO
    331 words
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      199 1 I ■^^^DotJ^atri^intereß K^^^tteringSystems CONTENTS News Analysis 15 Spore News 2 Companies Regional New 3.4.5 S pore-Wsia 15.16 Focus 8 Financial 19 World News 6.7 Features Markets Regional Analyse 13 Clot>. lU.SE. SES 24 26 Sports 9 Regional 22.23 TV, Lifestyle 11 Currencies 20 Editorial 12 Stmei/Commo 21 Subscription Tel 1800/*****7
      199 words
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      8 1 Regional Analysis: Pg 13 Asia and the WTO
      8 words
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      11 1 Hock Lock Siew: Pg is lij China shares: 'H' for w&e?
      11 words
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      13 1 Line: Pg 14 Murdoch warms to UK Labour Party Regional markets, Pg 22-26
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      127 1 Grand Tiigiyin pte. Ltd. Tel: *****78 THE COMPLET SHOP Record 24m contracts make it a banner year for Simex, Pg 19 A company's strength lies in the Backbone of its staff. BR The Alpha AP 5490 can he ad- tall can enjoy perfect posture, justed to suit all body heights
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  • SINGAPORE NEWS
    • EYE on the ECONOMY
      • Article, Illustration
        Lock icon Non-bank customer loans up 10.7%
        342 2  -  By Paul Leo GROWTH in loans to professionals and individuals drove up total bank lending and advances to non-bank customers to $88.79 billion in October, reflecting year-on-year growth of 10.7 per cent. Although this was down from 15.7 per cent in September. the figure was
        Source: MAS  -  342 words
    • Article
      S'pore businesses want India's help with state-level investments: PM Goh
      358 2 SINGAPORE businessmen are happy with the opening-up of India's economy but want more Indian help with their investments at the state level. Prime Minister Goh Chok Tong said. Mr Goh, who left yesterday for a visit to India, said in
      358 words
    • Article, Illustration
      Third-quarter surge in hiring of executives
      571 2  -  Survey of 100 firms shows 8*? fall in demand for non-execs in same period By Chuang Peck Ming THE DEMAND for executives rose 24 per cent in the third quarter of 1994 over the preceding quarter, while the demand for non-executives fell 8 per
      571 words
    • Article
      NTUC Income's premium jumps 30% to $547 m
      292 2 NTUC Income yesterday said its premium income for life and general insurance for 1994 totalled 5547 million, up 30 per cent from the previous year. Premium income for single premium policies under life insurance surged 53 per cent, while that of general
      292 words
    • Article
      Temasek's Tampines campus praised for high-tech edge
      216 2 TEMASEK polytechnic's new high-tech Tampines campus would be a welcome addition to Singapore education 1 and to the Tampines community, the Minister for Communications and the Environment, Mah Bow lan, said last night. Speaking at the opening of Temasek's diploma roadshow, the Member
      216 words
    • Article
      Landing gear woe hits SIA plane for second time
      329 2 A SINGAPORE Airlines aircraft flying from Perth to Singapore which had to return to the West Australian airport on Monday because its landing gear would not retract suffered the same problem again yesterday. Both times, the Airbus A3lO-300 had to circle
      329 words
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      238 2 ^{$(;>`)->,>^$@"}!"\=|{_]\\@{^- NOW MEN CAN HAVE GREAT LOOKMGSKM There was such an overwhelming response to our previous igjL promotion we're now holding another for male executives who want their skin to look great. ,v.,•••** Now, with the advances made in skin care from Men's Skin Center, it is possible to diminish
      238 words
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      227 2 BACHELOR OF S FINANCIAL SERVICES 7th intake National University of Ireland, Dublin Feb 1995 18-month programme Direct Honours degree 40% assignments; 60% examinations Recognised by the Institute of Bankers, Ireland, for professional membership (AIB) For holders of polytechnic diplomas or equivalent who are above 24 years of age. §BJL (HONS)
      227 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon M$ 15b of projects in Visit M'sia Year '94
      687 3 MBT KUALA LUMPUR As Visit Malaysia Year 1994 closed, its largest impact on the country's tourism industry may well be tourism-related projects rather than tourist arrivals, industry analysts say. Malaysia saw the launch of an estimated Msls billion (SSB.S billion) worth
      MBT  -  687 words
    • Article, Illustration
      Lock icon Clarke urges Malaysia to open finance sector
      412 3  -  From Ruth Wong in KUALA LUMPUR BRITAIN'S Chancellor of the Exchequer Kenneth Clarke sought further liberalisation of the Malaysian finance sector during talks with Deputy Prime Minister Anwar Ibrahim yesterday. Malaysian Finance Ministry secretary general Clifford Herbert said relaxation of the financial sector
      Reuter  -  412 words
    • Article
      Lock icon Americans topple Japanese as No 1 foreign investors in Philippines
      314 3 AP MANILA Americans overtook Japanese in 1994 as the biggest foreign investors in the Philippines, the Board of Investments said yesterday. New US equity investments last year totalled 17.68 billion pesos (SSI.OI billion), up a massive 638 per cent from
      AP  -  314 words
    • NOTE BOOK
      • Article
        Lock icon KL taxi drivers on strike
        74 3 Reuter KUALA LUMPUR Most of the taxi drivers here went on strike yesterday to protest against ill-treatment from their employers. the Bernama new agency reported. Deputy Minister Suleiman Mohamed from the Prime Minister's Department was quoted as saying that 75 per cent of the 25,000
        Reuter  -  74 words
      • Article
        Lock icon M'sia probes religious fund's loss
        78 3 AFP KUALA LUMPUR Malaysia was yesterday investigating the loss of Ms 2 million (SSl.l million) from a religious fund entrusted to a securities firm for investment, officials said. Deputy Prime Minister Anwar Ibrahim said he was waiting for a detailed report on how the Federal
        AFP  -  78 words
      • Article
        Lock icon Five killed in E Timor unrest: sources
        70 3 AFP JAKARTA Five people have been killed and a town market torched in fresh unrest in East Timor since the weekend, sources said yesterday. Hundreds of people, mostly youths, rioted in Baucau town, east of the capital Dili, after an East Timorese, identified
        AFP  -  70 words
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      127 3 Fly smooth as silk to over 70 destinations around the world. Smooth as silk is over 4,000 take-offs and landings a week worldwide It's flying to eleven destinations in Europe, five in Australasia, Los Angeles in the US A and more destinations in Asia than any other airline Smooth as
      127 words
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  • CHINA/ HONGKONG/ TAIWAN
    • CHINA WATCH
      • Article
        Lock icon Beijing denies Myanmar rice buy
        95 4 Reuter BEIJING The Chinese grain import monopoly Ceroils denied unconfirmed reports circulating in Asian commodity markets that China had made a large emergency purchase of rice from neighbouring Myanmar. Diplomats at the Myanmar Embassy in Beijing said they had not received information about the rumoured
        Reuter  -  95 words
      • Article, Illustration
        Lock icon To market to buy a fat pig
        57 4 Reuter TAIPEI A student feeding a piglet with milk in a Taipei department store yesterday. The store had set up a temporarypen, housing some 10 piglets as part of a promotional gimmick to mark the advent of the Chinese New Year of the
        Reuter  -  57 words
      • Article
        Lock icon Beijing economy grows 13.5%: official
        113 4 AFP HONGKONG Beijing's economy, expressed as gross domestic product, expanded by 13.5 per cent last year compared with 1993 to reach some 100 billion yuan (SSI7 billion), a local official said yesterday. Sun Guovue, the deputy director of the Beijing Municipal Planning Commission, was quoted
        AFP  -  113 words
      • Article
        Lock icon Taiwan president's rating down
        82 4 AFP TAIPEI Public approval of Taiwan President Lee Teng-hui has dropped to a seven-year low, but remains favourite to retain his post even though he has said he will not stand again, a Gallup poll showed yesterday. The poll in late December showed public approval of
        AFP  -  82 words
      • Article
        Lock icon Chinese wine for rich and famous
        109 4 Reuter BEIJING In a sign of China's growing affluence, a distillery in the western province of Sichuan is marketing what it says is China's most expensive liquor, three kg of spirit in a deluxe bottle that sells for 80,000 yuan (SS 13,700). The Yibin
        Reuter  -  109 words
      • Article
        Lock icon China cracks down on patent breach
        69 4 Reuter BEIJING A court sealed three factories in the southern province of Guangdong for infringing Chinese patents as Beijing mounted a publicity campaign to show it takes intellectual property rights infringement seriously. An official nonetheless said China still faces a long battle to eradicate
        Reuter  -  69 words
    • Article
      2 S'pore branches of Taiwan, China banks to have dealings
      429 4  -  By Schutz Lee SINGAPORE The Singapore branches of a mainland Chinese bank and a Taiwanese bank will sign an agreement here next week which will make them the first banks in 45 years on both sides of the Taiwan Straits
      429 words
    • Article, Illustration
      Lock icon China grain giant holds plum property project
      369 4 Reuter BEIJING The Chinese giant that has had a lock on China's grain trade for the last 40 years has jumped into prime Beijing real estate, and may well have what it says will be 1995's hottest commercial property. Ceroils Plaza, due to
      Reuter  -  369 words
    • Article
      Lock icon Beijing welcomes Taipei offer to hold talks
      382 4 AFP BEIJING China yesterday welcomed an offer to hold high-level talks with Taiwanese officials this month, but analysts said Beijing was virtually certain to ignore President Lee Teng-hui's latest offer of a summit. A spokesman for Beijing's Association for Relations Across the Taiwan
      AFP  -  382 words
    • Article
      Lock icon Labour disputes in China surged 66% last year
      269 4 AFP BEIJING Simmering labour discontent in China boiled over last year, with the number of disputes surging 66 per cent from 1993 to around 20.000 a Labour Ministry official was quoted as saying yesterday. Most of the disputes were sparked by rows
      AFP  -  269 words
    • Article
      Lock icon China sees trade with Japan soaring to US$ 50b
      305 4 UPI BEIJING Chinese officials predicted yesterday trade with Japan will expand to US$5O billion this year, despite China's failure to re-enter the General Agreement on Tariffs and Trade (Gatt). Sino-Japanese trade is expected to hit a record US$45 billion in 1994
      UPI  -  305 words
    • Article
      Lock icon Senior Beijing official urges crackdown on tax evasion
      191 4 UPI BEIJING Stymied by public outrage and mounting tax evasion, a senior official said yesterday that Chinese repugnance over income tax payments must be overcome by publicising the law and introducing severe punishments. One year after China introduced taxation of the general
      UPI  -  191 words
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      195 4 BUSINESS 1 TIMES TOLL-FREE TEL. No. 1-800-741-1883* FAX: 741-1298 lATA Manager Agency Accreditation Services lATA is seeking a qualified manager for a dynamic and challenging regional post, calling for ability to work across cultures. The successful applicant is likely to be in his/her 30's or 40's and to have: 5-8
      195 words
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      178 4 Making It Really Work Service Quality Measurement And Quality Models Director of the Service Research Centre, Sweden and author of the book entitled "Quality of Service Making It Really Work" (Mc Graw-Hill Book Publication, 1994) Venue: National Productivity Board, Singapore Date: 12 January 1995 Time: 9.00 am 4.30pm Fee: SGD
      178 words
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      28 4 Fully Furnished Office Suites Secretarial and Admin Support Short Term Lease Ideal for 1 -2 persons new business or Overseas Rep Offices TKL: 323 0160 FAX: 323 0195
      28 words
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  • REST OF ASIA
    • Article
      Lock icon S Korean trade gap widens as imports of capital goods jump
      387 5 Reuter SEOUL Sharply increased capital goods imports dealt a heavy blow to South Korea's trade deficit in 1994 but the won ended the year higher against the dollar. South Korea's trade gap, measured on a customs-cleared basis, totalled US$6.O6
      Reuter  -  387 words
    • Article, Illustration
      Lock icon Dhaka hit by second day of strikes as police, pickets clash
      231 5 Reuter DHAKA The Bangladesh capital Dhaka was largely shut down yesterday for the second day in a row by an eight-hour general strike opposition parties called to press their demands that the government resign and call early polls. There
      Reuter; AFP  -  231 words
    • Article
      Lock icon Indian minister warns against giving out the dole
      280 5 AFP NEW DELHI Indian Finance Minister Manmohan Singh yesterday warned against "competitive populism" following the ruling party's rout in crucial state elections last month. The architect of India's radical economic reforms, he told a labour conference here that solutions to economic problems
      AFP  -  280 words
    • Article
      Lock icon Australia to explore Apec style ties in Indian Ocean
      244 5 UPI SYDNEY In a bid to replicate its participation in the creation of the Asia Pacific Economic Cooperation (Apec) free trade bloc, the Australian government will adopt a "Look West" strategy for trade expansion in 1995, John Flannery, a spokesman for
      UPI  -  244 words
    • ASIA NOTES
      • Article
        Lock icon Daewoo plans base in Vietnam
        74 5 Oana-Yonhap SEOUL Daewoo, one of the largest business groups in Korea, announced yesterday that it would set up a strategic base in Vietnam covering East Asia as one means of realising its goal of "globalisation". Daewoo chairman Kim Woo-Choong paid a courtesy call on Vietnamese
        Oana-Yonhap  -  74 words
      • Article
        Lock icon Kim Jong-Il in total control: envoy
        88 5 AFP BEIJING The North Korean Ambassador to China has said Kim Jong-Il was in total control of the country, despite his failure to deliver an annual nationwide address at the New Year. "Kim Jong-ll is the supreme leader of our party, the state and
        AFP  -  88 words
      • Article
        Lock icon Japan to ease curbs on acquisitions
        97 5 Bloomberg Business News TOKYO Japan's Fair Trade Commission would make it easier for major companies to acquire other companies to help them re-organise their operations and branch out into new fields, the Nihon Keizai newspaper said yesterday. It will relax current regulations that restrict
        Bloomberg Business News  -  97 words
  • Page 5 Advertisements
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      254 5 We Took The Most Sophisticated Methods Of Automotive Body Engineering 0 d sccoodarydoor sealing s y ste^ m\\l u,. \J\ f 1 Igf o 6 Pi e/j Uorri 1 s "s/ e g S' C^ne P*ece bumper moukirf** Programme |mplo >•, \V V with side anti 'c r V I
      254 words
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  • THE WORLD
    • Article
      Lock icon 27 US companies battle for broadband phone licences
      602 6 Auction prices expected to escalate from current USsl.7b Los Angeles Times WASHINGTON The world's biggest auction of government property resumed yesterday as officials from 27 companies closeted themselves in war rooms around the country to continue their bidding in a multi-billion-dollar sale
      Los Angeles Times  -  602 words
    • Article
      Lock icon Italy's president in new talks to end impasse
      275 6 AP ROME Seeking to break Italy's political stalemate, president Oscar Luigi Scalfaro was to open a second round of talks yesterday with indications that compromises might be in the works. The nation's caretaker premier, Silvio Berlusconi, called his party and its supporters
      AP  -  275 words
    • Article, Illustration
      Lock icon Russia claims progress in Grozny push
      444 6 AFP Reuter MOSCOW The Russian government said yesterday its forces had gained ground in its-three-day-old push on the capital of secessionist Chechnya. but other reports said rebels still controlled most of the city. A government statement said Russian troops now held most of the
      AFP; Reuter  -  444 words
    • Article
      Lock icon '95 outlook for tobacco: where there's smoke there's ire
      350 6 NYT NEW YORK What is the 1995 outlook for tobacco? Fraught and turbulent, but not inevitably disastrous. If the industry was under a microscope in Washington last year, it is likely to be caught by television lights in 1995. For the
      NYT  -  350 words
    • Article
      Lock icon US clamps down on hiring of foreign workers
      305 6 AP WASHINGTON The Clinton administration is cracking down on companies that hire foreign professionals in temporary jobs as a way to drive down US labour costs. US regulations allow employers to hire foreign nationals in skilled professions where Americans are in short
      AP  -  305 words
    • WORL DWATCH
      • Article
        Lock icon Peru inflation at 21-year low of 15.4%
        117 6 AP LIMA Peru ended 1994 with an annual inflation rate of 15.38 per cent, the lowest in 21 years, the head of the National Statistics Institute said on Monday. Felix Murillo said that inflation for last year was slightly higher than in 1973,
        AP  -  117 words
      • Article
        Lock icon UK police nab boy computer hacker
        96 6 AFP LONDON London police have arrested a boy of 16, suspected of hav ing hacked his way into the computers of the Pentagon and laid bare US defence secrets, the Independent reported yesterday. He had access to banks of data on research into ballistic
        AFP  -  96 words
      • Article
        Lock icon Menem picks Ruckauf as poll partner
        82 6 Reuter BUENOS AIRES Argentine President Carlos Menem announced on Monday he had chosen 50-year-old Interior Minister Carlos Ruckauf to be his running mate when he runs for a second term in May's general elections. Mr Ruckauf, a veteran Peronist politician, trained as a lawyer
        Reuter  -  82 words
      • Article
        Lock icon 3% more tourists in 1994
        80 6 Reuter MADRID Some 528 million people worldwide took holidays abroad in 1994. 3 per cent more than the previous year, the Madrid-based World Tourism Organisation said yesterday. "People were travelling more, taking more short trips as a result of economic recovery in the major generating
        Reuter  -  80 words
    • Article
      Lock icon European economies shrug off recession despite political woes
      412 7 Growth of 3% forecast for Western Europe this year NYT FRANKFURT Many executives across Europe are celebrating not just a new year. After passing through their worst post-war recession, during which doomsayers contended that Europe had become so uncompetitive that it would
      NYT  -  412 words
    • Article, Illustration
      Lock icon A head above the rest
      61 7 AFP PASADENA, California A man taking pictures atop a building being dwarfed by part of a float entitled 'Sun Games: From the Land of the Ancient Gods' here on Monday. The float, an entry in the 106 th Tournament of Roses parade, won an award
      AFP  -  61 words
    • Article
      Lock icon S Africa's trade set to jump this year
      115 7 UPI JOHANNESBURG Postapartheid South Africa's world trade is expected to surge in 1995, especially with other African nations, the Johannesburg Business Day newspaper reported yesterday. International trade players and analysts said South African exporters would start reaping the full benefit of improved
      UPI  -  115 words
    • Article
      Lock icon UK current account deficit seen shifting to surplus next year
      356 7 FT LONDON The UK can expect persistent balance of payments surpluses over the next decade, according to the latest forecast by Cambridge Econometrics published yesterday. Although export growth will slow slightly in 1995, the strength of world trade and subdued
      FT  -  356 words
    • Article
      Lock icon Saudi Arabia hikes utility taxes in austerity drive
      294 7 AFP RIYADH Saudi Arabia announced sweeping new austerity measures on Monday, including heavy taxes on water and telephone calls, in a bid to tackle the oil-rich kingdom's financial crisis. They followed new taxes on oil products, electricity and visas for foreigners that
      AFP  -  294 words
    • Article
      Lock icon Hungary devalues currency, analysts see further cuts
      241 7 Reuter BUDAPEST Hungary's central bank swooped into the market on the first trading day of the New Year and devalued the Hungarian forint by 1.4 per cent. But bank dealers and analysts, who had been expecting a markdown of the Hungarian currency since
      Reuter  -  241 words
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      265 6 '">*• 1 lit '.J. lr mm H J la "J* jjs 4 H ..OH 1 j9 -jM 4^^P®P^W(|r Pssst! Next century's megamarkets lie approx. 78° east. That s no secret India is the megamarket of the east a Enterprise Environment Instrumentation Energy chunk of about mi,,lon consumers, a huge mass
      265 words
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      1008 7 Epson unleashes 720 dpi color ink-jet printer that produces near-photographic images t 1 Using a proprietary Its R&D expense seems to have I, paid off. The quality of images provided by Epson piezoelectric print head technology, Epson contrasting its output to that of Canon's 360 dpi BJChas managed to squeeze
      1,008 words
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  • WORLD FOCUS
    • Article, Illustration
      Lock icon A question of trade versus aid
      1498 8  -  The US foreign policy paradox From Leon Hadar in WASHINGTON WHILE the main focus of the media has been on the plans by the new Republican leadership in Congress to transform America's domestic programmes cutting taxes, reducing spending, abolishing welfare, fighting crime very little
      Reuter  -  1,498 words
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      125 8 rj "Reengineering is the fundamental rethinking and the radical redesign of strategically important business processes and their supporting systems in order to achieve dramatic improvements in critical performance measures, such as cost, (juality, service and speed." .:i r 1 Dr. Hammer is presently the Most Sought After Speaker In The
      125 words
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      155 8 V k Chief Executive Officers General Managers Senior Management Quality Control Marketing Sales y Production Human Resources 1\ >■ Logistics Information Technology Customer Services Consultancy "I am very excited about this trip because the dynamic economies of Asia are one of the most receptive environments for reengineering in the entire
      155 words
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  • SPORTS
    • Article, Illustration
      Lock icon England phoenix rises from Ashes of defeat
      541 9 AFP SYDNEY England were in control of the third cricket Test and in line to win only their second Test in the last 21 Ashes encounters after an extraordinary reversal of roles here yesterday. Mike Atherton's team, pilloried after crushing defeats in Brisbane
      AFP; Reuter  -  541 words
    • SIDELINES
      • Article
        Lock icon Talks go on as NHL deadline looms
        133 9 AP CHICAGO With a deadline to eaneel the entire National Hockey League schedule moving closer, the league and union held talks on Monday in an effort to save the season. Both sides met late into Monday night, but with a news blackout surrounding
        AP  -  133 words
      • Article
        Lock icon Testing new cricket device
        133 9 AP PALMERSTON NORTH. New Zealand New Zealand cricket officials have begun tests on a new machine they hope will take the guesswork out of measuring the pace and bounce of pitches. The machine was commissioned by the New Zealand Turf Culture Institute and is being tested
        AP  -  133 words
      • Article
        Lock icon Swedish striker signs for Hamburg
        50 9 Reuter STOCKHOLM Sweden's international striker Niclas Kindvall signed for German Bundesliga side Hamburg SV on Monday, the Swedish national news agency TT reported. The 27-year-old Norrkoping player was the top scorer in Sweden's premier division last year. He has appeared six times for his country.
        Reuter  -  50 words
      • Article
        Lock icon Coulthard set to drive for Williams
        95 9 Reuter LONDON The Williams Formula One motor racing team was expected to confirm David Coulthard as fellow Briton Damon Hill's team-mate for the 1995 world championship on Tuesday. The announcement could signal the end of Nigel Mansell's career. Mansell. 41, was expected to be
        Reuter  -  95 words
      • Article
        Lock icon Romario hit by flying beer can
        83 9 Reuter RIO DE JANEIRO Brazil striker Romario suffered a cut above the eye when he was hit by a flying beer can during a New Year beach party in Rio. But he said on television on Monday that he would be fit to play
        Reuter  -  83 words
    • Article
      Lock icon Hopman Cup: for Aussies, it's Czech, mate
      318 9 Reuter PERTH The top-seeded Czech Republic maintained their excellent Hopman Cup record yesterday as they cruised into the semi-finals with a 2-1 victory over hosts Australia. Petr Korda brought a temporary halt to Pat Cash's latest comeback with a tight 2-6 6-3 7-6
      Reuter  -  318 words
    • Article
      Lock icon Dreekmann nets upset win over No 2 seed in hardcourt tourney
      292 9 AP ADELAIDE Hendrick Dreekmann of Germany scored an upset straight-sets first-round victory over sec-ond-seeded South African Wayne Ferreira yesterday at the Australian hardcourt tennis championship. Dreekmann, a tall 19-year-old, downed Ferreira 7-6 (8-6), 6-2, but No 3 seed Jim
      AP  -  292 words
    • Article
      Lock icon US hopes for America's Cup rest with one man
      743 9 AP BRISTOL. Rhode Island While all the foreign challengers may rely on their own devices to construct their yachts for the America's Cup, the Americans all depend on only one man. Eric Goetz (pronounced Gertz) and his Eric Goetz Custom Sailboats
      AP  -  743 words
    • Article, Illustration
      Lock icon Yachtswoman says of Aslm rescue: life is beyond money
      420 9 AP SYDNEY How much is a human life worth? That is a question that rescued solo yachtswoman Isabelle Autissier of France finds hard to answer. She was saved by the Australian defence force on Sunday after her 18-metre yacht was swamped
      AP; Reuter  -  420 words
    • Article
      Lock icon German heavyweight to take on Foreman
      227 9 AP DUESSELDORF German boxer Axel Schulz will fight the venerable George Foreman for the heavyweight boxing title in the New Orleans Superdome on April 22. promoter JeanMareel Nartz has announced. Schulz. 26, is 20 years younger than Foreman and at 98 kg around 20
      AP  -  227 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Motor-racing
        113 9 Reuter KR RAC'HIDIA, Morocco Leading placings of second stage of Paris-Dakar rally on Monday: I Bruno Saby (Fra) Mitsubishi 2:29:24 2 JeanPierre Fontenay (Fra) Mitsubishi 25s behind 3 Pierre Lartigue (Fra) Citroen 1:44 4 Timo Salonen (Fin) Citroen 3:59 5 Ari Vatanen (Fin) Citroen 4:37 Overall: 1 Salonen 4:43:56
        Reuter  -  113 words
      • Article, Illustration
        Lock icon Tennis
        214 9 AP AP AFP PER TH Results of yesterday's matches at the •L *****,000 (*****,000) Hopman Cup teams tournament Qtr-finals: Czech Republic 2, Australia 1 (Czech names first) Jana Novotna b Kristine Radford 6-3. 6-3: Petr Korda b Pat Cash 2-6. 6-3. 7-6 (7-3): Petr Korda and Jana Novotna lost
        AP; AFP  -  214 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      911 10 Noll ling Beats A BUCL Hlciyfl where to wine, dine and entertain or jpThe Management Staff Orj* FicscgQa Salvatore® Customers A PP^-XI PASIA HtESCA DA SALOTOtf PTE LTD •30 Boat Qjey, S(0104) (Open 24 horn). let 532 6283/532 3810 «g| I Bk 833 kM&ile Wot timah ftd, #01-02*13 S(1027). Tet
      911 words
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      Page 10 Advertisements Column 2
      339 10 Celebrating fish Let's drink to fish. Bouillabaisse or Torn Yam? Top of the M celebrates fish with a lunch buffet of every Imaginable fish recipe. Salmon, sole. snapper, sea bass... if it can be caught, it con be cooked. And we know all the deUcious wags. Tlj Continental or Oriental
      339 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Turmoil in Hollywood
      658 11  -  1994 saw costs balloon and losses mount. And the movies weren't great either. Bernard Weinraub reports Bernard Weinraub NYT AT SONY Pictures Entertainment, the mood is so bleak that executives, over the holiday season, were exchanging graveyard jokes. The latest one: What's the difference between Sony and
      NYT  -  658 words
    • Article, Illustration
      Lock icon Hugh Grant believes his fame won't last
      441 11 CHATTERBOX AP AP Reuter AP DON'T CALL actor Hugh Grant an optimist. He plays alongside Robin Williams in his first big Hollywood role, in the film Nine Months, but he's not expecting fame to last. "I've been acting for a decade, and I've
      AP; Reuter  -  441 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      292 11 (Uatrnljtll jsteab Open Daily Lunch 11.30 am 2.30pm Dinner 6.30pm 10.30pm (Last order 10pm) Western Japanese Set Lunch at $1150+ Monday to Saturday 160 Orchard Road #81-01, Orchard Point, Singapore 0923. Tel: 737 4564,734 4956 Fax: 736 1922 FISHERMAN ISLAND brings y0u....... Toro is synonomous with the most expensive sushi
      292 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1343 11 TV RADIO The Secret Societies of Dolphins and Whales, 9pm, Ch 12 Jean-Michel Cousteau (son of WP* Jacques) produces this docuprobes the of dolphins and whales. Turns out the sea mammals have a submarine society as complex as any we could de- t IMI Mf~' 7 vise on dr\ land
      1,343 words
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  • Article
    Keeping the virtuous circle going
    539 12 EDITORIAL THIS TIME last year, share prices were shooting up to record heights and nothing, it seemed, could stop the legion of novice Singapore investors in their new-found passion. I hat euphoric start to 1994 was soon brought to a halt when the US Federal
    539 words
  • WHAT THE OTHERS SAY
    • Article
      Grim times for WTO?
      254 12 ON SUNDAY, New Year's Day, the World Trade Organisation (WTO) came into being without grand gestures. This was consistent with the spirit of the times, which is that while every nation understands that commerce is a good thing, many are unsure how much to concede and
      254 words
    • Article
      Vital for Rao to succeed
      136 12 AGAIN, India is giving Singapore a special treat. This time Prime Minister Goh Chok Tong is the distinguished guest at the centennial celebration of the Confederation of Indian Industries in Calcutta. In its quest to go regional, Singapore has chosen India as one of the
      136 words
    • Article
      Good year for HDB buyers
      157 12 ACTING MINISTER for National Development Lim Hng Kiang says prices of HDB fiats will remain stable this year. This is great news for over 100.000 people awaiting flats. Although the government will build only 30,000 units per year, the actual number of flats available is
      157 words
    • Article
      No time to let up
      196 12 MALAYSIANS stand poised over the last half-decade of the millennium with much to be thankful for. and even more to be hopeful about. After the momentous turning points of the last decade, the 1990s have been compared to the run-up along a springboard of global
      196 words
    • Article
      Crack down on antique smuggling
      163 12 SMUGGLING ANTIQUES from China, if you can get away with it, beats Mark Six for the pickings. At least that is the impression one gets from the revelation that seizures by customs of smuggled antiques from China at our border control checkpoints during the year
      163 words
    • Article
      Talking on equal terms now
      178 12 1994 may go down as the year the West finally agreed to accept Asia on its own terms. Whether it was being forced to withdraw trade sanction threats against China, accepting that Asean's constructive engagement policy may hold the prospect of success in Myanmar or
      178 words
  • Article, Illustration
    French privatisation runs into rough weather
    1008 12  -  Salil Sarkar reports on the French government's efforts in disposing of stateowned companies to cut its deficits while keeping foreign "marauders' at bay Salil Sarkar The writer is a Paris-based journalist who contributes to BT IT LOOKS like France's privatisation plan has turned into
    1,008 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      59 12 Spotlights: Pan-United Country Heights <* "j I fj*! I lI\M m m |IIM l M J m J w mtm m GET IT NOW Available at Newsstands Times the Bookshop NTUC Supermarkets Guardian Pharmacy mgm 7-Eleven STOP PRESS kiosks Browse Buy at post offices Shell Esso Caltex Mobil SPC BP.
      59 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      81 12 i- r woo azej (this is a Cl#m>Jsmirt' f\ coople. or /i ji. —vi cues y I; u I 'if J/ i TM">fe. fiia ii-lfe-h Mg F IT'S •^^■AlP r 7/ J Hoo vou waiNtL fj »mp,YHpive 11 domtLoPkNJT) WWn ,*7Tv4ovn LAVIN6 FHOSeRoSTy I l I pygpoNP... HOLD TVUMGS I
      81 words
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  • REGIONAL ANALYSIS
    • Article, Illustration
      How much can Asia depend on the WTO?
      1425 13  -  Buildine a oost-Gatt international trade order YANG RAZALI KASSIM YANG RAZALI KASSIM The writer is BT's Regional Analysis Editor They toasted the birth of the World Trade Organisation. Proudly, trade diplomats from America and Europe submitted their ratification documents in Geneva and
      1,425 words
    • Article
      Going great guns to bag that symbolic first meeting
      894 13 TO SOME, the prestige that comes with hosting the inaugural WTO ministerial conference may not be as dramatic as bagging the first director-general-ship of the new world body. But for Singapore, it is important enough to be one of the Republic's
      894 words
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  • Article
    Lock icon Manufacturing growth slowing, say US purchasing managers
    475 14 But NAPM's price index at highest level since March 1980 Reuter TEMPE, Arizona The manufacturing sector, as well as the overall economy, continued to grow in December but at a slower rate than in November, the National Association of Purchasing Management said yesterday.
    Reuter  -  475 words
  • Article
    Lock icon Mexico acts to restore economic stability
    355 14 Reuter AP MEXICO CITY Mexico said yesterday that it will take sweeping measures that sacrifice growth at the altar of infla-tion-fighting in a desperate move to restore economic stability. The government said in a statement that all sectors of society will have to pay
    Reuter; AP  -  355 words
  • Article
    Lock icon Indonesia to lift basic wage by 10-34%
    265 14 AFP JAKARTA The govern-ment-set minimum wage in 19 of Indonesia's 27 provinces, including Jakarta and Bali, will be raised by between 10 per cent and 34*78 per cent effective April 1. Manpower Minister Abdul Latief said yesterday. The official Antara news agency quoted
    AFP  -  265 words
  • Article
    Lock icon From US military base to industrial zone
    202 14 Reuter HANOI The former American military base of Long Binh, near Ho Chi Minh City, will become an industrial zone under a US$46 million (SS67 million) joint venture between Thai and Vietnamese companies, the state radio reported yesterday. The State Committee for Cooperation
    Reuter  -  202 words
  • Article, Illustration
    Blair may win next British polls — thanks to Murdoch
    831 14  - Blair may win next British polls thanks to Murdoch The Bottom Line NEVILLE STACK NEVILLE STACK The writer is a political commentator bawd in London He writes regularly for B T WHEN John Major and his Conservatives swept back to power in the 1992 elections. Britain's most frenetic tabloid crowed
    831 words
  • Article, Illustration
    Lock icon Holidays over
    48 14 Reuter TOKYO A brother and sister waiting for their parents anxiously upon their arrival at Haneda airport here yesterday after spending New Year holidays in their hometown. Congestion at railway stations, airports and expressways started yesterday with millions of holiday makers returning home throughout Japan. Reuter
    Reuter  -  48 words
  • Article
    Lock icon KL minister expects election in April: report
    177 14 Knight-Ridder SINGAPORE Malaysian Health Minister Lee Kim Sai said on Monday he believes a general election may be held in April. The Star newspaper reported yesterday. "Since 1969. all general elections have been held between the months of April and November, never after
    Knight-Ridder  -  177 words
  • Article
    Gulf War veterans file suit against German firms
    49 14 WINN Nmcmiit «41rrt Juftnv the (MN ftW i mmmrn IhiwtDK \nk-fn4n »i JMtm ilfc I mm Uwmml *i» thr IkruoM ptor mucHlkjl Mjahn* Mml mm* mm juthiwiMxl jn\ vUr« Iraq fur \rtn MHkp%v «rn«« i »■< At 4k m«r 40 m MOI
    49 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      65 14 Nitsuko JgjtSf Digital Keyphone Systems Leading Edge Situated in well-established industrial estate sa,Dc MK24 Great redevelopment potential into strata units Freehold Title Well-connected by Expressway Site Area 5657.2 sqm (60,893.60 sf) Plot Ratio 2.5, subject to planning approval MP Zoning INDUSTRY TENDER CLOSING DATE 17 JANUARY 199sT4pm1 B For further
      65 words
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      Page 14 Advertisements Column 2
      9 14 Lehman halts withdrawals from 3 Mexico funds, Pg 19
      9 words
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      Page 14 Advertisements Column 3
      23 14 f Distributor: Tel: !7S 70SS r 17 fl 7CQ fi Singapore Communication* Equipment Co Pie Ltd I 0A i 4/0 W» Quality Service
      23 words
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  • COMPANIES & MARKETS
    • EYE on your STOCKS
      • Article, Illustration
        MARKERT MOOD
        48 15 Wtirirf !/<*«/ <*J«. <*;«< ih* li4«Y» imJimw *-ntimml mrtl mrri.. ha**\J iwi Vtiii-r, J at 1 A/w i« \i,Tita\ Overnight rrmt\ may ithii xi/itirit/ Hn4.,r\ /mil,-J tlliann Hating. Ilaiwa. traser. OA (m 4 Aui llicin Morgan (jrrnffM. Ongiu. Somura. Phillip. Smith ,\<** «nM. II I 'arr and Sti
        48 words
      • Article, Illustration
        HOT STOCK
        115 15  -  Quak Hiang Whai VAN der Horst, yesterday's top gainer and most active counter, is fast trading into overbought region in the short term. But those who bought for medium-term hold would be comforted by the weekly and monthly charts which are still not too bearish. The weekly RSI
        115 words
    • Article
      Pacific Can issuing 6m shares to pay for 15% stake in Pisces
      377 15  -  By Quak Hiang Whai SINGAPORE Pacific Can Investment Holdings yesterday agreed to buy a 15.2 per cent stake in the diversified Pisces Group from its chairman Ang Chin Thian by issuing him six million new Pac Can shares.
      377 words
    • Article
      Key Tuan Sing shareholders move stake
      316 15 Couple transfer shares to their private company, Nuri Holdings SINGAPORE Sjamsul Nursalim and his wife Go Giok Lian, who are controlling shareholders of Tuan Sing Holdings, have moved a major part of their interest in the listed Singapore property group to their private company
      316 words
    • Article, Illustration
      Lock icon CCM shareholders urged to reject Tekun Sepadu offer
      375 15 Bernama KUALA LUMPUR Chemical Company of Malaysia Bhd (CCM) stockholders have been advised to reject the unconditional mandatory general offer by Tekun Sepadu Sdn Bhd to acquire the entire issued and paid-up capital of the company. Tekun Sepadu is offering to acquire
      Bernama  -  375 words
    • Article
      Sembawang Maritime ship caught in pay row
      207 15  -  By Rahita Elias SINGAPORE Sembawang Maritime Ltd (SML) became entangled in a wage dispute with seafarers on one of its vessels at the weekend. Nineteen Filipino seamen manning the Seahorse One refused to sail it from Fremantle, Western Australia until they were paid
      207 words
    • Article
      H shares — highlight or hype?
      620 15  - H shares highlight or hype? HOCK LOCK SIEW By Lim Soon Neo HONGKONG Shares of Chinese stateowned enterprises listed on the Hongkong stock exchange "H" shares were the high point of the market when they made a dramatic entry in mid-1993. Hongkong punters were so caught up with the appeal
      620 words
    • Article, Illustration
      Keppel subsidiary KIE gets new executive director
      137 15 SINGAPORE Keppel Integrated Engineering has appointed Lim Ang Hock executive director to replace Toh Siong Hoe. who has retired after 25 years with the group. Mr Toh will, however, remain on the boards of some KIE subsidiaries. He will remain chairman of Setsco
      137 words
    • Article
      Insurance unit expenses contributed to losses: Pacific Century Regional
      240 15 SINGAPORE Responding to queries from the Stock Exchange of Singapore, Pacific Century Regional Developments, formerly Sea power Asia Investments, has given details of its massive interim losses. Last week. Pacific Century reported a net loss of $21.08 million for the half-year
      240 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          LC Development in rights offer
          96 16 SINGAPORE The Lum Chang group's LC Development (LCD) plans a renounceable rights issue of 65.5 million $1.00 shares, with 19.2 million warrants of $1.00 each at $1.01 for each rights share. Ten rights shares will be issued with three warrants for every 10 ordinary shares
          96 words
        • Article
          Heshe marketing chief quits
          52 16 SINGAPORE Heshe Holdings marketing director Khoo Siaw Siang has resigned from her post, the firm said. She has also stepped down from her position as director of Bene Fashion, Designers Link, Lea Fashion, Sylvia Lian Creation, Thomas Wee Creation and Lea Fashion (M) Sdn Bhd all
          52 words
        • Article
          CMI lifts Archi stake
          48 16 SINGAPORE Compact Metal Industries (CMI) has raised its stake in Archi Engineering by 20 per cent with the acquisition of 100,000 shares from Archi's minority shareholders at $1 each. CMI now holds 90 per cent of Archi's issued and paid-up capital, or 450,000 shares.
          48 words
        • Article
          Prima unit increases capital
          58 16 SINGAPORE Prima's wholly owned subsidiary Parma Investment Holdings (PIH) has increased its paid-up capital by 25 per cent from $8 million to $10 million. PIH made further calls on the balance of 40 cents per share on the 4,999,998 issued shares at 1 each, which had
          58 words
        • Article
          Electro Magnetics names directors
          31 16 SINGAPORE Electro Magnetics Ltd said it had appointed two new directors: Chan Wai Yuk and Patsy Chang. The latter is the daughter of EML director Parry Chang.
          31 words
        • Article
          Lock icon Petronas pre-tax profit up 80%
          112 16 Bernama KUALA LUMPUR Petronas Dagangan Bhd has reported a pie-tax profit of M 599.35 million (5556.6 million) for the half year ended Sep 30, 1994 up 80.7 per cent from M 554.98 million reported in the previous corresponding period. In a statement released here yesterday,
          Bernama  -  112 words
        • Article
          Lock icon Binariang awards cellular deals
          75 16 Reuter KUALA LUMPUR Telecommunications firm Binariang Sdn Bhd said it had recently awarded two contracts to Motorola Inc and Siemens AG of Germany for its cellular phone network. The two contracts are for the installation of a base station system by Motorola and the supply of
          Reuter  -  75 words
        • Article
          Lock icon Hicom joins bid for waste project
          84 16 Reuter KUALA LUMPUR Malaysia's Hicom Holdings Bhd has formed a consortium with two other Malaysian firms to bid for the privatisation of solid waste management in Malaysia. The two other companies are KTM Bhd and Shahpadu Properties Sdn Bhd. A Hicom statement said the
          Reuter  -  84 words
      • Article
        Prime East eyes partnership with Thai brokerage MCC
        320 16  -  From Loh Hui Yin in BANGKOK SINGAPORE-based financial services group Prime East Capital is negotiating to replace UK-based Smith New Court as the foreign partner of Thai stockbroking firm Multi-Credit Corp. Smith New Court is due to end its tie-up with MCC
        320 words
      • Article, Illustration
        Lock icon MBf Hldgs seen erasing M$ 130m loss in 10 years
        320 16 Bernama KUALA LUMPUR MBf Holdings Bhd, which has an accumulated loss of M$ 130.7 million (5574.4 million) as at the end of 1993, would most probably be able to erase these losses within a period of seven to 10 years.
        Bernama  -  320 words
      • Article
        Lock icon Tambang Timah plans to list internationally
        397 16 The Jakarta Post JAKARTA Indonesia's state tin mining company has announced that it will list its shares both on domestic and international stock markets this year after quadrupling its 1994 unaudited before-tax profits to 80 billion rupiah (5553.8 million). PT Tambang Timah's yearend report
        The Jakarta Post  -  397 words
      • Article
        Lock icon Olympia sees M$ l23m pre-tax for current year
        199 16 Bernama KUALA LUMPUR Olympia Industries Bhd, which is proposing a three-for-10 rights issue of 117.319 million shares at an issue price of M 52.35 per share, is forecasting a group pre-tax profit of M$ 123.39 million (5570.33 million) for the year ending
        Bernama  -  199 words
      • Article
        Lock icon KL's first listing for '95 closes with 105% premium
        393 16 Bernama KUALA LUMPUR ACP Industries Bhd (ACPI), the first to be listed on the Kuala Lumpur Stock Exchange in 1995, closed with a 105 per cent or M 52.52 premium above its offer price of M 52.40. The main board counter
        Bernama  -  393 words
      • Article
        Lock icon Malaysia's 47 rights issues last year raked in M$ 5.45b
        386 16 MBT KUALA LUMPUR The 47 rights issues last year raised total funds of M 55.45 billion (557.96 billion) from the stock market, a 124 per cent increase over the M 52.43 billion raised through 31 rights issues in 1993. Last
        MBT  -  386 words
      • Article
        Lock icon BIndustrial affair an internal matter: Bank Negara
        301 16 MBT KUALA LUMPUR Bank Negara is not likely to get involved in the case of an unauthorised interest rate swap transaction by two executives of Beijaya Industrial Bhd. Finance Ministry secretary-gener-al Clifford Herbert said. He said the case is an internal matter and
        MBT  -  301 words
      • Article
        Untitled
        950 16 ■—g»»' pricas <$) Jan 4 US Or Fund 0 95 098" Singapore Unit Trust U06 Asset Mgt Ltd The Commerce 1.62 1.71 Unifund 1.40 1.47xd The Savings Fund 1.58 1.67 Unibond-t- 1.02 l.045xd S"porc Prog Fund 0.60 0.64 United Gr Fund! 1.68 l.75xd S'porc See Fund 0.94 1.00 United Asia
        950 words
      • Article
        Lock icon CIMB takes lion's share in managing number of new listings
        405 16 MBT KUALA LUMPUR Commerce International Merchant Bankers Bhd (CIMB), retained its position as the top equity listings manager in 1994 in terms of number of listings handled. In 1993, CIMB was also the number one manager of initial public offerings
        MBT  -  405 words
      • COMNPANY BRIEFS
        • Article
          Lock icon Southcorp buys Hoover's Aussie unit
          57 18 AFP SYDNEY Australia's Southcorp Holdings Ltd yesterday acquired the Australian and New Zealand operations of whitegoods manufacturer Hoover from Maytag Corporation for ASBO million (5589.6 million). The acquisition from the American company gives Southcorp a 35 to 40 per cent market share in four major
          AFP  -  57 words
        • Article
          Lock icon Lucky-Goldstar to change name
          104 18 Reuter SEOUL South Korea's giant Lucky-Goldstar Group has decided to change its name to LG Group and similarly abbreviate the names of member firms. "The aim is to promote our corporate identity, with each member firm s name starting with LG," a group spokesman said yesterday.
          Reuter  -  104 words
        • Article
          Lock icon UK telecoms stocks down
          113 18 Reuter LONDON British Telecommunications pic and Cable and Wireless pic stocks stood lower in heavy volume after British Telecom said it will cut trans-Atlantic call charges, renewing fears of a price-cutting battle in the British telecoms sector. Regulators require rate cuts within specified boundaries and the
          Reuter  -  113 words
        • Article
          Lock icon Kuok unit to buy into Manila affiliate
          85 18 Reuter MANILA Kuok Group's wholly-owned Hongkong subsidiary Pecanola Co Ltd has agreed to subscribe to 262.81 million new shares of the group's Manila affiliate Kuok Philippine Properties Inc (KPPI), company officials said yesterday. The shares were sold at 1.74 pesos each through an
          Reuter  -  85 words
        • Article
          Lock icon AT&T, Cambodia sign pact
          51 18 Bloomberg Business News HONGKONG AT&T has signed an agreement with Cambodia's Ministry of Posts and Telecommunications to offer AT&T USADirect Service in Cambodia. The service officially began on Dec 15, and will be accessible from all public pay phones in Cambodia, AT&T said yesterday. Bloomberg Business
          Bloomberg Business News  -  51 words
        • Article
          Lock icon Scottish firm to make whisky in India
          87 18 Bloomberg Business News NEW DELHI Whyte Mackay, a Scottish maker of whisky and other spirits, will join India's seventh-largest distiller in a whisky-making venture, says the Economic Times newspaper. Whyte is the latest of several international companies which plan to make whisky in
          Bloomberg Business News  -  87 words
        • Article
          Lock icon Sony to make digital phones in Europe
          63 18 AFP TOKYO Japan's Sony Corp plans to begin producing and marketing portable digital phones in Europe late this year, the Nihon Keizai Shimbun said yesterday. The electronics giant is likely to use one of its three audiovisual equipment plants in Britain, Italy and
          AFP  -  63 words
      • Article
        Lock icon Harbin Power sells 34m new shares to meet strong demand
        240 18 Bloomberg Business News HONGKONG Harbin Power Equipment Co has sold 34.15 million new shares to meet an over-allotment clause, reflecting keen investor demand in last month's Hongkong share offering. China's largest power generation equipment manufacturer will now have 469.151 million
        Bloomberg Business News  -  240 words
      • Article
        Lock icon Shanghai A shares end lower after new rule takes effect
        440 18 Reuter SHANGHAI Shanghai's A share index for domestic investors closed lower in extremely sluggish trade after a new rule cancelling same-day settlement came into effect, brokers said yesterday. The A index lost 8.1 points, or 1.2 per cent, to 659.66
        Reuter  -  440 words
      • Article
        Webforge parent plans A$ 8m Indonesian plant
        223 18  -  By Peter Osborne SINGAPORE One of Australia's leading industrial manufacturers. Pacific BBA Ltd, is to spend ASB million (SS9 million) building a plant in Indonesia to expand its Webforge building products subsidiary. The company hopes to tap into Asia's building boom and plans
        223 words
      • Article
        Lock icon Nokia's success story a matter of timing and innovation
        349 18 AP NOKIA. Finland For Finnish mobile phone giant Nokia, timing and innovation are key elements of success. The company, which started in 1946 making rubber boots in this town of 30,000, is now the biggest mobile phone producer in Europe and
        AP  -  349 words
      • Article
        Lock icon 2 HK liquidators nominated to wind up Chinese firm
        206 18 Reuter HONGKONG A British entrepreneur who obtained a Supreme Court of Hongkong ruling to wind up a Chinese state-owned enterprise has nominated two insolvency specialists from Deloitte Touche Tohmatsu to act as liquidators, one of the businessman's lawyers said yesterday. Richard
        Reuter  -  206 words
      • Article, Illustration
        Lock icon Daimler-Benz confirms talks on multimedia ventures
        310 18 FT BERLIN Daimler-Benz, the German automotive and aerospace group, is holding "exploratory" talks with the country's largest media conglomerates in a bid to establish multimedia ventures. Daimler officials on Monday confirmed that Edzard Reuter, the group's chairman, and Jurgen Schrempp, who takes over as
        FT  -  310 words
      • Article, Illustration
        Lock icon Spate of HK board appointments in last days of '94
        259 18 Eastern Express HONGKONG The final days of 1994 saw a rush of lastminute appointments of independent non-executive directors, as listed companies hurried to meet a deadline imposed by Stock Exchange of Hong Kong (SEHK) listing rules. Rules issued in 1993
        Eastern Express  -  259 words
      • Article
        Lock icon US stocks expected to do well only in 4th qtr
        533 18 MARKET WATCH NYT NEW YORK Somewhere, undoubtedly, there is handwringing over the prospect of a big. deep bear market this year. Just as certainly, there are some market seers out there who expect very big things from the stock market
        NYT  -  533 words
      • Article
        Lock icon Bull's eye view of 1995's megatrends
        701 18 AP LOS ANGELES After such a wretched year as 1994 for stocks and bonds, the only consolation for most investors is to take the long-term view. After all. the market and economy "megatrends" that were so positive a year ago are still in place,
        AP  -  701 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Record 24m contracts make it a banner year for Simex
        339 19  -  By Paul Leo SINGAPORE The Singapore International Monetary Exchange (Simex) ended last year on a high note, with a record 24.06 million contracts, up 53 per cent over the previous year's 15.73 million lots. Daily average turnover was 94,776 contracts
        339 words
      • Article
        Lock icon Disclosure rules keep pressure on UK life insurers
        500 19 Reuter LONDON British life insurers, obliged to disclose charges and commissions from Jan 1, face another difficult and uncertain year even before the dust has settled on the mis-sell-ing of personal pensions, stockbrokers said. "Prospects for the sector have rarely been as
        Reuter  -  500 words
      • Article
        Lock icon VAB is first Viet bank to face international audit
        228 19 AFP HANOI Vietnam Agricultural Bank (VAB) is to become the first local bank to face an audit by overseas accountants as part of plans to bring the financial system up to international standards, according to a statement on Monday. Accountant Coopers
        AFP  -  228 words
      • Article
        Lock icon Midland Bank revamps sales force to meet new UK regulations
        426 19 FT LONDON Midland Bank, the UK subsidiary of HSBC Holdings, is to integrate its 850-strong life insurance and pensions sales force into its branch network and re-train staff to meet tougher regulatory requirements. The bank has just told staff that
        FT  -  426 words
      • Article
        Lock icon Swiss Bank chief says 1994 results below expectations
        296 19 Bloomberg Business News ZURICH Swiss Bank Corp (SBC) chief executive Georges Blum said 1994 results "won't meet expectations" because trading business was below average and interest income in Switzerland fell 15 per cent, according to press reports yesterday. In an interview with
        Bloomberg Business News  -  296 words
      • Article
        Lock icon Unit trust funds in M'sia set for soaraway year
        677 19 Expanding economy, entry of state govts point to growth NST KUALA LUMPUR The unit trust industry may have burgeoned last year but observers say its performance will pale in comparison with this year. With an expected rally in the stock market,
        NST  -  677 words
      • Article
        Lock icon Lehman halts withdrawals from three Mexico funds: report
        181 19 Reuter NEW YORK Three Lehman Brothers offshore funds with investments in Mexico temporarily have blocked investors from withdrawing their money from the fund, the Hall Street Journal said yesterday. Curacao Corp, the administrator for the funds and for many other offshore funds
        Reuter  -  181 words
      • SMALL CHANGE
        • Article
          63-day Bank Negara bill in demand
          59 19 SINGAPORE The Malaysian central bank auctioned its firstever issue of 63-day bills yesterday at an average rate of 4.4720 per cent, showing good demand, said dealers in Kuala Lumpur. The MS2SO million (SSI42 million) in 63-day Bank Negara bills will be issued today and
          59 words
        • Article
          Lock icon BEA names David Li deputy chairman
          82 19 Reuter HONGKONG Bank of East Asia said it had appointed chief executive David Li Kwok-po as deputy chairman. The bank said Arthur Li Kwok-cheung, Allan Wong Chi-yun and Aubrey Li Kwok-sing had been appointed non-executive directors. Arthur Li is a medical practitioner and a
          Reuter  -  82 words
        • Article
          Lock icon Hungarian forint seen steadying
          76 19 Reuter BUDAPEST The forint opened slightly easier yesterday, but dealers expected it to steady following Monday's decision to devalue the forint by 1.4 per cent. At the beginning of the session, the US currency was quoted at 113.30/50 forints, against Monday's close at 113.20/30. The National
          Reuter  -  76 words
        • Article
          Lock icon Dao Heng to launch HK$ l.2b FRCD
          96 19 Reuter HONGKONG Dao Heng Bank Ltd will launch a HK.SI.2 billion (***** million) issue of five-year floating rate certificates of deposit (FRCD) this week at three-month Hibor plus 70 basis points, said an official at arranger Barclays Bank pic. Banks committing HK$lOO million
          Reuter  -  96 words
        • Article
          Lock icon ICBC outstanding loans up 16%
          69 19 AFP SHANGHAI Outstanding loans at the Shanghai branch of the Industrial and Commercial Bank of China (ICBC), the country's largest bank, rose 16.4 per cent last year, a newspaper reported yesterday. Of the total outstanding loans of 79.2 billion yuan (5513.7 billion), 13 billion yuan
          AFP  -  69 words
      • Article, Illustration
        Prices stay depressed as investors forsake gold
        460 20  -  From Neil Behrmann in LONDON WIDESPREAD sales by investors kept a lid on gold last year and could prevent prices from running away in 1995, says Gold Fields Minerals Services (GFMS), a consultancy controlled by leading South African and US producers. The firm
        460 words
      • Article
        Lock icon Cotton prices in Pakistan soar as imports are delayed
        366 20 Reuter KARACHI, Pakistan Pakistani cotton prices have soared as imports by private spinners and the government have been delayed, dealers and officials say. Ali Imam Rizvi, secretary of the All Pakistan Textile Mills Association, said: "Imports of around 200,000 bales mostly
        Reuter  -  366 words
      • Article
        Lock icon China to drill 11 oil wells in East China Sea this year
        270 20 Reuter BEIJING China plans to drill 11 oil wells in the East China Sea in cooperation with overseas oil companies in 1995, a spokesman for the China Offshore Oil Corp (COOC) said. Drilling of the first well by
        Reuter  -  270 words
      • Article, Illustration
        Lock icon M'sian commodities shone in '94 despite labour shortage
        774 20 Sector's earnings expected to rise 20% to MS3Ob Bernama KUALA LUMPUR Malaysia's commodities sector performed creditably last year although labour shortage remained a critical problem in plantations. Palm oil. rubber, cocoa and timber prices outstripped forecasts made by the Treasury in the
        Bernama  -  774 words
      • Article
        Lock icon US steel makers see another good year
        366 20 Demand from car and appliance makers expected to remain strong NYT NfcW YORK The US steel industry is looking forward to another good year, after a year when soaring demand from ear and appliance makers had mills straining to fill orders. With buyers
        NYT  -  366 words
      • Article
        Lock icon World oil starts weak in 1995, demand yet to materialise
        268 20 ENERGY REPORT Reuter LONDON World oil prices began 1995 on a weak note, but traders said the prospect of colder weather in the northern hemisphere over the next few days may keep a floor under prices. World benchmark Brent Blend
        Reuter  -  268 words
      • Article
        Lock icon Currency Reports: London
        197 20 Reuter LONDON The dollar recoiled slightly in early morning dealings yesterday but activity was still scant as dealers here wandered in after a three-day New Year holiday. "Volume is thin with half the people on holiday." said a dealer, noting the absence of Tokyo dealers overnight. "We
        Reuter  -  197 words
      • Article, Illustration
        Untitled
        1595 20 IhmJi- Kt iyhlt-J ind?\ mkiiluii J atwmt V/»»»•'> u<t< 14 tiuJinq juiMm fidV iiw /W US$/S$ forward rates Noon Jan 3 Bid Offer I-month 144*J7 1.4512 J-monlh 1.4477 I 44<»4 3-monlh I 4464 I 4484 6-monlh 1.4413 I 4433 Stnirir (X Hi Source: OCBC FOREIGN CURRENCY NOTE RATES As at
        1,595 words
      • Article
        Lock icon New York
        92 20 AFP NEW YORK The dollar climbed against other major currencies in quiet trading yesterday. the first trading session of 1995 after the long New Year's weekend. Gold also climbed 40 cents from Friday's close to U*****.10 an ounce. At around 1445 GMT. the dollar traded at 1.5565 marks
        AFP  -  92 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen end little changed in quiet trade
        1146 21 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures ended a quiet day of trading yesterday little changed. Dealers said that the Tokyo holiday and the lingering effects of the holiday weekend combined to leave the market bereft of any serious traders.
        Reuter  -  1,146 words
      • Article
        Tin ends higher in line with London
        688 21 COMMODITY REPORTS KL Tin TIN price closed two sen to MS 15.22 per kg on the KLTM in line with the upward trend on the LME overnight. The LME saw three month tin adding USSXO to USS6.2(X) per tonne. On the KLTM. European
        688 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Indian growers withholding coffee beans
          97 21 NEW DELHI Coffee auctions conducted by India's state-run Coffee Board will he adversely affected this year because the board is not getting adequate supplies of coffee beans from growers. Up until late December, the board had received only 55 tonnes of the 1994-95 (Oct-Sep) coffee
          97 words
        • Article
          Britons eat record amount of chocolate
          145 21 LONDON UK consumers ate a record-breaking 510.000 tonnes of chocolate in 1994 and. for the first time ever. Britons are spending more than £1 a week on it. according to a survey released yesterday by food and drinks firm Cadbury and reported in UK
          145 words
        • Article
          Aussie mine sees higher copper output
          104 21 SYDNEY Australia's Golden Shamrock Mines expects to lift copper production by 10 per cent to around 33.000 tonnes this year as it taps into higher copper-containing ore bodies, but faces added freight charges as it shifts to overseas smelting services. Company general manager Jim
          104 words
    • Article
      COMMODITY PRICES
      1455 21 Rubber Jan 3 Singapore Commodity Exchange Physical Prices (futures closing as at 5.30pm) Buyers Sellers As at 12 noon (S cents/kg) RSS 1 Contract (S ccnts/kg) Hose Volume Open Jg J g "4.00 225 OON Month High Low Sett (tonnes) Interest "*SS 3 Feb 93 2.3.00 2-4.00N RSS
      1,455 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1105 22 -7.8 SHARES closed weaker on the first day of trading for 1995 yesterday, with no direction from overseas and with many investors still on holidays, brokers said. "There's not a lot of life in the market," said one broker. "1 thought we might see a new lease of life
        1,105 words
      • Article
        Seoul
        485 22 -13.8 Share prices turned bearish on the Korea Stock Exchange yesterday, the first trading day in 1995, led by declines in blue chips, brokers said. The Composite Price Index retreated 13.8 points to close at 1,013.57 in a shortened two hour trading day. with 19 million shares worth 383
        485 words
      • Article
        Manila
        608 22 +7.07 Share prices maintained momentum yesterday, rising slightly by 0.25 per cent on only the second trading day for 1995. The Philippine Stock Exchange Index gained 7.07 points at 2,805.28 points. Turnover was to 3.18 billion shares valued at 753.87 million pesos. An analyst said there were no major
        608 words
      • Article
        Bombay
        274 22 -18.15 Share prices on the Bombay bourse fell in a low volume market as sellers as well as buyers kept away from new commitments, brokers said. The Bombay Stock Exchange 30-share Index closed at a provisional 3,913.94 points, down 18.15. The 100share National Index lost 4.77 points to a
        274 words
      • Article
        Untitled
        641 22 Taipei jz Asia emeni 5300 f W 4127 I athay C OKI! 44 so .0 w M (athay Lite Ins 202 (X) t i (JO 15«l <lungH«iB*nk 1*00 I 00 3147 OKWLoobi 45 go 4.70 8610 (Ilia Hsin (cment 32 80 3117 (Jia Hsui Flour 24 80 0 30 *****
        641 words
    • WORLD STOCK MARKETS
      • Article
        London
        640 22 +0.2 BLUE CHIPS stepped timidly into 1995, as the FTSE100 Index rebounded from a shallow trough to close a fraction of a ppint higher in light post-holiday activity after trading within a narrow band most of the day. A string of top stock picks from UK newspapers and brokerage
        640 words
      • Article
        Paris
        137 22 +4.76 French shares ended a dull session higher on the first trading day of the new year with many traders returning from a long break. Dealers said investors were still wary due to uncertainty over interest rate developments. The CAC-40 Index closed up 4.76 points at 1,885.91. Of the
        137 words
      • Article
        Frankfurt
        193 22 -11.04 German shares drifted beneath the 2,070 support level as US bonds weakened. Some brokers said the DAX Index will head for support at 2,050 the bottom of the week's expected range. But others see the market remaining between 2,050 and 2,100 this week as participants implement the year's
        193 words
      • Article
        Milan
        140 22 126 Italian shares, building on positive sentiment, bolstered by lira's gains and government bond futures, with no developments on political scene to dampen the mood. The Mibtel Index closed up 1.62 points to 10,317. "We are going up on two basic motives, a conviction the lira is undervalued and
        140 words
      • Article
        Amsterdam
        261 22 -0.37 Dutch shares closed a touch lower after a quiet session, dominated by a soft bond market and with domestic investors calling the tune as foreign investors wiped the sleep from their eyes after a four-day holiday. The AEX Index lost 0.37 point at 416.82, but is still well
        261 words
      • Article
        Johannesburg
        286 22 -3.0 South African shares soften yesterday on a weaker gold price and after key gold counters went ex-dividend. Industrials were mostly steady but lacked clear direction, as did other stocks which drifted lower in thin trade. The Overall Index ended 21.3 lower at 5.845.6. the Industrial Index was three
        286 words
      • Article
        Toronto
        270 22 -29.17 Stocks tumbled in early trading, weighed down by foundering precious metals stocks and weak North American bond markets. "Goldilocks (gold) is a factor here and financial services are getting beaten up as well." one trader said. "It's a lack of fresh news." The gold index shed 216.15 points,
        270 words
      • Article
        Stockholm
        148 22 +5.89 Swedish stocks rose for the third consecutive session, boosted by shares in forestry companies, amid expectations of higher profits in 1995 and strong 1994 yearend corporate earnings. The benchmark OMX Index of 30 leading Swedish stocks rose 5.89 points to 1,154.40. Twenty-three stocks rose, four fell and three
        148 words
      • Article
        New York
        797 22 +2.69 The Dow Jones Industrial Average, which inched up 1.01 points on Friday, was ahead 2.69 to 3,837.13 at 1 lam EST. The key barometer was down 2.36 shortly after the market opened. The NYSE Composite Index was off 0.24 to 250.70, while Standard Poor's 500-stock Index was
        797 words
      • Article
        Brussels
        154 22 -5.48 Belgian shares closed lower as fresh worries over weaker bonds hit a fragile market. The Bel-20 index of leading shares eased 5.48 points to 1,382.37 on volume of 378 million francs. "This is non-activity," said one trader. "You can't say anything is going on." The start of the
        154 words
      • Article
        Zurich
        299 22 -16.5 Swiss shares closed lower on low volume. Dealers said the market lacked direction and the outlook was uncertain. Weak bonds and future weighed on sentiment. The SPI Index closed down 10.33 points to 1,715.20, while the blue-chip SMI ended down 16.5 to 2,612.3 after an earlier low at
        299 words
      • Article
        Untitled
        706 22 Britannia Funds Sterling Cash Bid Offer Mim l ap Deposit 3® 6400 38 6500 Mim Jerses Gilt .0 1893 0199 2 Mim Ma* Income *0.9100 "0 9400 L'SS Cash Income Pirn Fund 9 4900 10 0000 PS S Reserve Fund 5 3300 5 MOO Sterling fruits Euro Performance .0 *592
        706 words
    • Article, Illustration
      Lock icon HONGKONG
      3073 23 Bloomberg Business News HONGKONG Stocks plunged on the first trading day of the year, dragging the key index below B,(MX) points, on fears of a China-US trade war and expectations interest rates will rise again soon. The Hang Seng Index fell 346.90 points, or 4.24 per cent, to 7.844.14
      Bloomberg Business News; Source: Bridge Info  -  3,073 words
    • Article, Illustration
      Lock icon CHINA
      554 23 CLSA THE Shanghai A market yesterday started trading under its "T+l" transaction rule, prohibiting sameday trading. Turnover was extremely low at 172 million renminbi. The market closed 1.2 per cent lower. The Shanghai B market saw a correction of last Friday's window-dressing with Jin Jiang Tower and Lujiazui dropping
      CLSA  -  554 words
    • Article, Illustration
      Lock icon BANGKOK
      1785 23 Reuter BANGKOK Stocks began the new year with a whimper, closing slightly lower in quiet trade as most institutional investors stayed on holiday. The SET Index closed down 6.04 points at 1,354.05. Turnover was a thin 2.74 billion baht. Falls led rises by 203 to 70. "The market here
      Reuter; Source: Bridge Info  -  1,785 words
    • Article, Illustration
      Lock icon JAKARTA
      1170 23 Reuter JAKARTA The market closed higher yesterday, led by rises in big cap stocks in dull trading as major players remained on the sideline. Volume was slightly better than Monday but losers battered gainers by 24 to 15. "A sharp fall in Hongkong seemed to put the domestic market
      Reuter; Source: Bridge Info  -  1,170 words
    • Article
      CLOB INTERNATIONAL
      2541 24 Gr U 199*99 Last Vol !)•> IaK>« l>i» IN. N Id Net \l Cap High Low iinipani Sale -I-/- ("0001 High I o» Bmcr Seller S C*r PIt Smil MALAYSIAN STOCKS 398 160 m AISB 50c 276 cd 2 60 306 271 273 2*0 JO -2.9 0 3
      2,541 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall on fears of Fed raising rates in Jan
        259 24 Bloomberg Business News KUALA LUMPUR Stocks fell on the first trading day of the year on expectations the Federal Reserve will raise interest rates again at the end of this month. The first new public offering of the year, building
        Bloomberg Business News; Source: Bridge Info  -  259 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8038 25 C.r (.t M Wl 1994.95 UM Vol Day lasi Qwiif Div Di> VM Net Cap Avg High lo» (oaipaat Sale (DOO) l<i«k Lao Buyer Viler CVi P/E Sail Prkt INDUSTRIAL AND COMMERCIAL 720* 417.}* mt s Acma 50c 4*0 +2 32 4*2 4*0 4«0 484 8 8 4.7 09 15.3
        8,038 words
      • Article, Illustration
        Lock icon Late buying ensures index starts year on right note
        1855 26  -  By Paul Leo SINGAPORE Late buying of component stocks ensured that the Straits Times Industrials Index started the year on a positive footing. The STII drifted below last Friday's close of 2,239.56 points for most of the day, touching a low
        Charts by Bridge; Source: Bloomberg  -  1,855 words
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      1236 15 NEWS VALUE S'pore brokers' commisskxis topped $2b last year (pg I) Many novice investors have learned their lesson so contra trading not likely to return to the levels of last year for some time to come. S$ Hits record high against US$ (pg I) Singapore companies have generally learned to
      1,236 words
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      52 16 3&uVV|) -Q~ /sT OnCKAWO WO AD Ifl lIMM J 1 S For Lease By Tender Address 218 Orchard Road #81-00 Orchard Emerald Singapore 0923 Usage Foodcourt, Restaurant or others Area 827.14 sqm (8,900 sf) Tender Closing Date 20 January 1995, 4.00 pm For tender document and additional information, please contact
      52 words
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      23 17 f lIRA MISSION TO rH PUN, FACILITATE AND rj a. REBULATE THE PHYSICAL DEVELOPMENT j OF SINGAPORE INTO A TROPICAL CITY OF EXCELLENCE.
      23 words
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      530 words
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      136 18 rrrvzi #1 OFFSHORE COMPANY SPECIALISTS With a worldwide team of 125 multi-disciplined professionals and a network of international I offices, OCRA provides confidential and cost effective company formation in all the major low tax areas including: •BRITISH VIRGIN ISLANDS BAHAMAS IRELAND WESTERN SAMOA MAURITIUS 'JERSEY "Full professional after sale services
      136 words
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      27 19 /gpsn STRAIGHT TALK 1 You shouldn't have to read between the lines to t ie u p'cture~**lr Companies Markets. Everyday. wm m Business Times WE KNOW ASIA
      27 words
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      Page 19 Advertisements Column 2
      72 19 ffiPP NANYANG TECHNOLOGICAL I®|J UNIVERSITY XMW School of Accountancy and Business MBA P= with specialisation Accountancy International Business Banking Finance Management of Business Law Information Technology Hospitality Tourism Management of Management Technology 14 January 1995 (Saturday) 2.30 pm RELC Auditorium, RELC Bldg, 30 Orange Grove Rd, S'pore 1025 (next to
      72 words
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      63 21 Financial News© IvJi^l A Quick Look At The I I Markets I I Call 24 hours a day for I I SES KLSE I reports, I I market reports and Cost: 30 cents a minute <*—* |fjaj in e An SPH AudioTex Service Make a move to sell your apartment
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      Page 21 Advertisements Column 2
      39 21 As and when the latest London/ Rotterdam priees are not available, the previous trading day's closing figures are carried instead. STRAIGHT TALK You shouldn't have to read between the lines to get the full picture Companies fit Markets. Everyday
      39 words
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      83 23 ML/ HAND-MADE BY BALLY HHHHMHHBSfiL limited series of hand-made welted shoes 9 uses fine French Calf leather and traditional craftsmanship I 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy fitted with beech wood shoe trees jft 12-month warranty $1,050* complete overhaul within 3
      83 words
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      Page 23 Advertisements Column 2
      8 23 I he Toyko stock market was closed yesterday
      8 words
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      75 25 Face Facts Read Jour Oum Jace! Call 24 hours to discover how your facial features determine your character fortune. Cost: 30 cents a minute THE REGIONAL CHINA FUND AVAILABLE AT CITIBANK. With as little as S$ 10,000, now anyone can participate in China's developing economy. So to find out more,
      75 words
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      253 26 MFiline An SPH AudioTex Service In English Number Horoscopes (Daily) 8450 The Capricorn Fortune; Win Prizes! Entertainment News 8451 Juicy News Of Sharon Stone, Eric Douglas, Micnael J Fox, Woodie Ellen A Nile Wilson Ghost Stories 8452 Bamboo Paradise; Win Prizes! Children's Funland 8453 Wukong's Outrageous Behaviour Face Facts 8454
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      59 26 I —-i The Executive Housekeeper this hotel 1 O vvik I I wants >s me. Bob I'll never neglec-t I -thte baby/ J Any Job. Any Career. Available Any Day. Any Time, anywhere. the straits Times The Sunday Times business Times The new paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN
      59 words
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  • Shipping Times
    • Article
      Kawasaki wins Cosco order to build six huge containerships
      448 27 HONGKONG Kawasaki Heavy Industries (KHI) of Japan has won an order from the China Ocean Shipping Co (Cosco) to build six of the world's largest containerships, the South China Morning Post reported on Monday. Lloyd's List quoted KH as saying it
      448 words
    • Article, Illustration
      Lock icon Abandoned Norwegian ship sinks off Dutch coast
      314 27 Reuter AMSTERDAM A Norwegian cargo ship sank off the Dutch coast on Monday after being abandoned by its crew in heavy seas on Sunday evening, a Dutch coastguard spokesman said. Meanwhile, the search was continuing for two German lifeboat men who fell overboard
      Reuter; AFP  -  314 words
    • Article
      Lock icon Hyundai Seattle back in tow
      274 27 AP SEATTLE The crippled container ship Hyundai Seattle was back in tow on Monday and was expected to arrive at Port Angeles by yesterday morning, the US Coast Guard said. The steel cable linking the 797-foot (243-m) ship to an ocean-going tugboat broke in heavy
      AP  -  274 words
    • Article
      Lock icon DFDS buys Swedish transport firm
      245 27 Bloomberg Business News COPENHAGEN DFDS, a separately listed Danish shipping company that is part of Lauritzen Group, announced that it has taken over Swedish transport company Dahlqvists Aakeri AB. DFDS said it purchased on Monday all the shares in the family-owned Swedish transport company. Based
      Bloomberg Business News  -  245 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      1047 27 Page Col ABC Containerline 16 1 Able Shpg 7 4/5 Accord Group 8 1-3 Ahlers Line 13 5 Ahrenkicl Liner 4 1/2 ANL 3 4/5 Antaco Mgmt 17 3 APL 18 1/2 Appenship 4 4/5 Arabian Express 15 4 •ASCL 5 5 Astro
      1,047 words
    • Article
      Lock icon Greeks confirm newbuilding orders worth US$ 156m
      270 27 Seatrade Week Newsfront PIRAEUS. Greece Greek owners have confirmed newbuilding orders worth over US$l56 million (***** million) and. led by the Alafouzos group, have reportedly concluded the purchase of ships worth US$l24 million. NC Lemos interests have taken newbuilding spending this year to
      Seatrade Week Newsfront  -  270 words
    • Article
      DAILY FREIGHTS
      1209 28 THt Baltic dry-cargo freight index eased again on a shortened trading day on Friday but shipbrokers said strong enquiries almost secured fresh peaks in 1995. The Baltic Freight Index (BFI) finished the year at 1.965 a drop of five points from Thursday but still 62 percent above the
      1,209 words
    • Article, Illustration
      Lock icon Biffex helps smoothen freight market
      984 29 Seatrade Review Monthly WHEN it touched 1874 points, the Baltic Freight Index (BFI) achieved its highest ever level since its inception in January 1985. While this was greeted with satisfaction by bulk carrier owners, for charterers perhaps the news wasn't as welcome. The BFI is
      Seatrade Review Monthly  -  984 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      14122 36 P»gell 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
      14,122 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        671 39 Vo 1 Wo Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jwwig P«rt Ba(am bpeed5 ****** TOW 04 01 0/00 04 01 0900 Batam Bahagia 01 01.% 19 alongside 04 *****0 Bust*. I Al 95 TOj 04 01 1S0O 04 01 .'100 Hakko Boomerang 18 9
        671 words
      • Article
        CONTAINER SCHEDULES
        1824 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookin(/Balance Rslts Ship Voy No Etb/Btr Period From To From Acilfcc 0396 05 0700 IA 03/1500 03/1659 03 1900 IB 03 1500 03 1659 03 1900 28 03 1/00 04 0659
        1,824 words
    • AIR AND LAND TRANSPORT NEWS
      • Article
        Lock icon Florida West to reduce debt with spin-off, share swap
        472 46 Bloomberg Business News MIAMI Bankrupt Florida West Airlines Inc plans to eliminate US$l6 million (5523.5 million) in debt by spinning off an air cargo unit to one group of debtors and by issuing 25 per cent of its shares to another,
        Bloomberg Business News  -  472 words
      • Article, Illustration
        Lock icon Cambodia's new airline cements ties with M'sia
        360 46 AFP PHNOM PENH The inaugural flight of Cambodia's national carrier. Royal Air Cambodge (RAC), left on Monday for Kuala Lumpur, a sign of the country's strong ties with Malaysia, said Cambodian copremier Prince Norodom Ranariddh. "This inaugural flight symbolises the business partnership between
        AFP  -  360 words
      • Article
        Small car success questioned at GM's Ohio plant
        431 46 LORDSTOWN, Ohio With assembly workers on holiday break, troubleshooters at General Motors Corp's Lordstown, Ohio, plant have been working overtime to fix the factory. "The car just isn't going together right," said Al Alii, shop chairman of United Auto Workers Local 1112
        431 words
      • Article
        Lock icon China nod for Macau-Taiwan air links
        234 46 Reuter HONGKONG China has signalled its approval of direct air links between Macau and Taiwan, the Portuguese Lusa news agency reported on Monday. It said Guo Jiading. head of China's delegation to the SinoPortuguese Joint Liaison Group, has given his consent to the setting
        Reuter  -  234 words
      • Article
        Lock icon CAL crash hearing set for Feb
        221 46 NYT TOKYO The Transportation Ministry will hold a public hearing next month to gather evidence for its final report on the cause of April's China Airlines crash the first such hearing in nine years, ministry officials said on Monday. Families of the victims will
        NYT  -  221 words
      • LOG BOOK
        • Article
          Lock icon AP Moller orders 3 container vessels
          105 46 Knight-Ridder COPENHAGEN The AP Moller company announced last week it has exercised an option for three new Post-Panmax container vessels for its worldwide fleet. The three vessels are of the C4BOO-type and are to be delivered by the Odense shipyard in Denmark in 1997.
          Knight-Ridder  -  105 words
        • Article
          Lock icon Ro-ro Commodore Clipper hits rock
          47 46 Knight-Ridder LONDON The 6,136 gt roll-on, roll-off vessel Commodore Clipper touched a rock when entering St Helier. Jersey last Friday, according to Lloyd's Intelligence. There was a small discharge of oil. Lloyd's said. Goliat Shipping A/S. Oslo manages the Norwe-gian-flagged ro-ro. Knight-Ridder
          Knight-Ridder  -  47 words
        • Article
          Lock icon France orders shipping security review
          87 46 AFP PARIS The French government over the weekend ordered a security review of all French shipping companies operating between France and Algeria, amid a continuing alert over safety there following the Airbus hijack drama. The review was announced after Transport Minister Bernard Bosson met representatives
          AFP  -  87 words
        • Article
          Lock icon El Al to buy 2 cargo planes
          111 46 Reuter JERUSALEM El A 1 Israel Airlines Ltd has agreed to buy two Boeing 747 cargo planes from General Electric Capital Services for USSIOO million (SSI47 million), an El Al spokesman said on Monday. GE bought the planes recently from Singapore Airlines. El
          Reuter  -  111 words
        • Article
          Lock icon Pakhoed converts loan to ECT shares
          107 46 Reuter ROTTERDAM Dutch storage and transport group Koninklijke Pakhoed NV on Monday said it had converted an outstanding 88.7 million guilders (Ss74 million) subordinated convertible loan to stevedore European Combined Terminals (ECT) into ECT shares. Pakhoed added in a statement that it had contributed
          Reuter  -  107 words
      • Article
        Lock icon Korean invented the aeroplane: book
        170 46 Reuter SEOUL Forget the Wright Brothers. A Korean invented the aeroplane in the late 16th century, says a book discovered recently in China. The Korean-language book, published in 1923. said the plane was a kind of spinning top which took to the skies in the
        Reuter  -  170 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
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  • Page 27 Advertisements
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      25 27 lit aoti vrcwtfii JIW Draeger South East Asia Pte Ltd 67 AyeriUiahCreKCM *06-03 Singapore 0313 Tel: 773 2133 F«: 773 2033 Tl* RS ***** DWSING
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      Page 27 Advertisements Column 2
      27 27 Lines and services represented by Members of the Registry of Accredited >B0S; Shipping Agents, Singapore National \"<v»rfr// Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090
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      Page 27 Advertisements Column 3
      55 27 f PERSONAL FINANCE INVESTMENT Every Saturday in Business Times Biffex helps smoothen freight market, Pg 3 Florida West to reduce debt with spin-off, share swap, Pg 20 o O o o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE f 1
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      2109 28 import.... import.... INOBTH AMERICA I I OTHER DESTINATIONS 1 1 NORTH AMERICA j MMCT CALL TO «1»T CO*«T ~1 TO EA?T COMTKHJTH .3 tKWW CAUOWWA PFWtW (OWCT WOW «WT CM»I) VESSEL VOY STORE LA OAK VCR SEA OAL HOUSTON CMC NY lEMCO CITY WCSSEL STORE BtfNOS MP MONTEVBEO WO 01
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      989 29 I lACC UNITED ARAB liar 1 i if SEALORD SHIPPING AGENCIES SKESKiggS'"*"'"' VSL/VQT IS« PSQ I PXB I SHI KWI AW M BAH PtE] vsl/WY I I «uo I IttL/WV I sw I cmb I id I ,ft WMAJDCO9ON J/1 23/1 21/1 23/1 25/1 24/1 24/1 25/1 27/1 Ml MAD
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      402 29 ANL. IT'S AUSTRALIAN FOR SHIPPING TO AUSTRALIA (EAST COAST) FROM AU3TRAUA (EAST COAStI WSSfI/WY MI PUG Mr M sro MO M hoi ksjil/vot om STt) OUR HOC Ml fisTl** 1 5,5 it/1? a/11 M/ 01 14/01 19/41 It. COM 1M 10/12 15/12 11/12 21/12 43/01 I as/01 I" A 60*4
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      1495 30 l f AOABA r "DA**/ [i VESSEL VOY NO SPORE JEDOAH (VIA JED) S TON H'BURG A WERP HAVRE LA SEINE ***** 4/1 21/» 24/1 22/1 HOECHST EXPRESS 18/352 7/1 16/1 23/1 25/1 28/1 30/1 1/2 KITANO 28/101 11/1 28/1 31/1 29£J STUTTGART EXPRESS 07/301 14/1 23/1 30/J 1/2 4/2
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      404 30 CELriC 2/1 4/1 Rdm/Atw/UK/Nantes H WORLD ARES 6/1 8/1 Rdm/Atw/UK/Nantes •Loads E./W. Malaysia. Indonesia I Loading for H ENERGETIC Dubai/Bahrain/Damman/Kuwait I SEA VENUS Hodeidah Jeddah Aqaba •Loads Singapore. E./W. Malaysia. Indonesia I I Loading for V DONA V Los Angeles/New Orleans/' H Charleston 'Norfolk/Camden H OCEAN EVER Los Angeles, IMew
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      971 30 NORASIA WEEKLY DIRECT SAILING TO HONG KONG, BUSAN KEELUNG ALSO ACCEPTING 10 DALIAN, QINGDAO, SHANGHAI XINGANG (VIA BUSAN) CHIWAN HUANGPU (VIA HONG KONG) FOR MORE DETAILS, PLEASE CONTACT: MS TAN SEOW CHUAN/MS FELICIA PEH S-POK GENERAL A6ENT: NORASIA AGENCIES (S) PTE LTD I ALSO ACCEPTMB LCL TOc TIL: *****83 FAX:
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      1738 31 H STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW GUINEA PACIFIC LINE (A SERVICE OF CHINA NAVIGATION CO) cargo" WK s*«.s STRAITS VENTURE VOIE Muri. Lab 04 lan OS tan 06 lan FCL> LCL CONTAINER ANO BREAKBULK SERVICE TO PAPUA
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      Page 31 Advertisements Column 2
      3271 31 w Singapore Agent: I I ADfCII P&O Containers (Singapore Agencies) Pte Ltd 10 Hoc Chiang Koad. #07-01 kcppcl lowers. Singapore 0208 First Class Connections WORLDWIDE if m SYo!iS JESeSE 64 ~MXSP- F ax 225 5327/222 75,7 VESSEL VOV 'PMG *PKG SIN SOU ANT HOT HAM COT BRE LEM VESSEL VOV
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      499 32 pfh, JOINT VENTURE VIV SAMUDERA INDONESIA QIP RICKMERS win SINGAPORE CHINA GREEN ERA VOY 3W 5 JAN QINGDAO MSA SEPU.UH VOY 3NB 29 JAN XINGANG INDUCEMENT CALL PKELANG INDUCEMENT CALL HK. P.OJDAMG. BELAWAN. TG MAM XIAMEN, ZHANGJIGANG f* UTAMA HARTA WEEKLY FULL CONTAINERSHIP FEEDER VESSEL NAME VOY SIN P. KELANG
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      Page 32 Advertisements Column 2
      1360 32 HANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****30-233 DOCUMENT TEL: *****71-275 FOR VSI SW ILM HAUL St* TV* POX FOR VSI STllll HAUL SA¥ 1* *TC HANJIN SWGAPOOf 0161 6 1 NKCT 2C/1 27/1 1 MAhJW KUHSAA 10* M M PKOGRtSS 036f 9/2 10/2 12/2 HA NUN
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      1327 32 H T H -TTTTK I Wl SGP KSC HC RIG flfi IVI OSR NG» SMI TYO LAI CMS BAI NTC INK urn rnu n# mk ra rm Mi ttf I I GUW If K3 2/1 to ft II 11/1 13 1 11 1 17/1 11/1 Hi 21/1 21/1 1/2 14/2
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      2358 33 VARNA (BULGARIA) CONSTAMT2A (ROMANIA) VIA UMASSOL 3 SAILING PER MONTH -T'Rfr|i«i 6«wr<l AfMti: T>/ (Ganoral): *****00 Stin. Booking: *s—cr Dopt: PACTiff ClilDDllir DTr irn Fax (Oomoral): *****88 Contain; *****41 844 Contain; Src *****02 Opor attorn rmilnr 4JOS7JS LUhIAK SHIPPING PTE LTD Tain: ***** COSM/P Conventional: *****50 a/O: *****45 C»m-#«fHMW/ *****4*
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      670 33 g) HEUNG-A SHIPPING (KOREAN FLAG) 1 FULLY CONTAINERIZED SERVICE CONVENTIONAL SERVICE JAKAUTA tVC WW HKOI 6WI JUT HKO Pl» INC MOJI Wl »«ol''iiw'ljKT| «V| HKOj PUS cy sun m 4si 22/12 01/01 ovoi 07/11 13/01" 17/11 u/«i n/01 no 9 donah spin os/oi out 17/11 zo/oil 23/01 31,11 ovo? aam
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      Page 33 Advertisements Column 3
      250 33 SHIPPING WAREHOUSING ■iHBIiBaHIIBW H /I Singapore Loading Every Mon To Fh f H (BATAMINDO 1/11} I J Accepting FCL/Convantional/Protact A Heavy Lift Cargo Kj j Tel: 227-0322 Batamlndo Shipping F Warehousing Pte Ltd Vk Fax: 222-9330 J 7«/ i" »y. -rs" _v y r* a* or ex *i r„ ~r~
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      Page 33 Advertisements Column 4
      448 33 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) GOTHENBURG/SCAN 09/01 ROTTERDAM 09/01 AARHUS/COPENHAGEN 09/01 HAMBURG/BREMEN 09/01 MARSEILLE/FRANCE 10/01 FELIXSTOWE/UK 09/01 BARCELONA/SPAIN 06/01 LEHAVRE/FRANCE 10/01 GENOA/ITALY 07/01 ANTWERP/BELGIUM 10/01 LOS ANGELES/WC/IPI 06/01 SYDNEY/MELBOURNE 08/01 NEW YORK/EC 06/01 FREMANTLE/ADELAIDE 07/01 VANCOUVER 06/01 BRISBANE ***** TORONTO/MONTREAL 06/01
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      1222 34 1 I PBBMBpH?n2B®HHB n|llj l 3s VESSEL VOY SN JKT VESSEL VOY SIN PEN B-# I^— WAN* BHUM 2613 Wad JnJ>t Sat 7/1_ K OTA JADE JADO27 Wad lln Pt Fr. 8/1 JP§ VESSEL VOY SIN BKK IBRA BHUM 823 Fri 8/1 Wad 11/1 SWI BHUM 5003 Fri 8/1 Sat
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      1476 34 79 ANSON ROAD, #21-01, SINGAPORE 0207 TELE: *****92 FAX: *****57 CR **********0N STRAITS SHUTTLE SERVICE PORT KLANG PENANG sstL K9I 5!! PKL VESSEL i VOY I SIN PEW SEA IAURtI 350N 4 1 iWtDi 6 1 *fRI: MCC CQWVtVQ« 40C/ b 1 FRII TTTSi FM>O 91,00 6 1 (fßli 8
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      659 35 P ADVANCE CONTAINER LINES (PTE) LTD AfM TMsaamMatfaii'&sr I BAMOKOK I I JAKARTA I s PAT 5 DIRECT SAIUNGS/WK DIRECT BMT 2 SAILINGS/WK LCH 1 SAILINGS/WK J SAILING/WEEK 1 PORT KELAMO 1 SURABAYA 1 DIRECT 3 DIRECT SAILING/WEEK 2 SAILINGS/WEEK 4 SAILINGS/WEEK PENANG 1 1 SEMARANG 1 DIRECT DIRECT 1
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      938 35 VESSUS WT SW It HAVRE won THAMES tOTTmOAM MITmHf HLLE 01 VUA yOtW 08/01 27/01 n/9\ 31/01 >1/0? 02/02 Will Qt mow* TO7W U/01 '3/02 03/02 07/02 00/02 00/02 Ml Li DC TIIC MM 1)0 7W 1»/01 M/ 02 ">'B2 12/02 li/02 14/02 WLLE PI 111 LO7W __£L2i— Xi/n 17/82
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      564 35 BSflx tea MYANMA \SBBk FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) Spore P Kl Pen P.Gd| HP* AN V2O7W 11/12 lan PAGAN ¥217W 15/11 lan MALAYSIA AGCNTS SOUSrtAC SVPM AGENCCS Ul Til 0203 *****0# PH. IE 02 03 3(M?t7 PC* m 02 04 <12*02 PSD: IE
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      1924 38 TO EUROPE rent* nu. pew motto vsi stobe ieh htm ham brh f« w rui stow mt fusam kobe shmuu wgo tow jMjl 4218/47U 31.12 311? IB EUBOPt 2474 03.01 21.01 2201 2301 25 01~ KOl B. PtIAWGI 1504 04 01 0581 0101 iiil KOI ISoI~ It 01 17 01
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      Page 38 Advertisements Column 2
      506 38 ■LAMMN CONTAINER LINES, INC ~IV=AV MAC-MELB SPORE: *****22 (24 UHC6) v l W V 'cm M* **********0 C SIBU (064) *****9 KUCHINQ (062) 4244)3 PENANG: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ. (03) *****77 JAKARTA: (21) 69Q6107 SURABAYA: (31) *****0 I ASIA HKG/TWN/BKKi GENOA/EUROPE PEN PKI SIN 5
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      22 39 PORT SHOTS The latest in sea, air and land transportation Shipping Times Monday to Friday SINGAPORE rn Business Times WE KNOW ASIA
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      238 39 I VESSEL VOY SIN MAA SIN I TIGER BRIDGE 313N 05 06/01 11-18/01 23-24/01 TIGER BAY 126N 09 10/01 15-21/01 21-28/01 TIGER SPEED 314N 13-14/01 19-25/01 30-31/01 TIGER ISLAND 127 17-18/01 (FOR DISCHARGE ONLY CAPE HERMES 204N 16-17/01 22 28, 01 02X33/02 TIGER CAPE 013 20-21/01 2602/02 07-08 I VESSEL
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      373 39 Pll PONCNAMA LINE wsai (MSI MP I* M PNC MC BSD TUISBM MINI U/M 14/11 15 II 2VII 21/01 smonc rum raw it oi u/ti n/ti nil ei u/u mstw raw n/u u oi n ci oco2 m/u MUM raw 2»/01 Jl/tl 11 02 12/02 12/12 1V« ROUND THE ASIA
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      396 39 TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO.: **********0E 11 PB ETHIOPIA* SMPPM6 LOftS (National Lines of Ethiopia) *gi ACCEPTING FCL AND CONVENTIONAL j Vmml Voy ETA [Loading For J Spore i Abbay Won* 42W8 25/01 Mombasa. Djibouti Assab. Massawa j Andinet 38WB 20/03
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      1825 40 p I I I IF YOU HAVE THE CARGO WE HAVE THE CAPACITY Vessel Voy ETA ETD DESTINATIONS I Neil week METTE MAERSK V 9502 i cv 10/01 oeoo mbs BBIM BBMi H^Mi t CFS 09/01 2359 MRS OAK LGB SFO MEM ATL MIA CMS BAI PML NYC TOR >
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      Page 40 Advertisements Column 2
      839 40 f AFGHANISTAN M&M Afghanistan Ltd., Hairatan. Torghundi. Islamqala (Doqharun) C.1.5./RUSSIA: Ama Ata. Ashkhabad. Baku. Oushan- I be, Irkutak, Khabarovsk. Krasnoyarsk. Korsakov. Moscow. Sochi Novosobirsk, Tashkent. Tbilisi. Vladivostok. Vostochny. etc. N Korea: Pyongyang. Nampo Mongolia: Ulaan Bator FULL CONTAINER SERVICE TO NORTH/WEST AFRICA VESSEL SIN PKR Ville De Vela V.O6W 08/01
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      841 40 TO E. CANADA US ATLANTIC US GULF 7Z p—9 9 LOADING VOY SPORE P KELANG HALIFAX N YORK NORFOLK N ORLEANS MOBILE TAMPICO HOUSTON HOEGH DYKE 0628 11/12 Jan 13/14 Jan 24 Feb 27 Feb 2 Mar 8 Mar 11 Mar 14 Mar 19 Mar HOEGH CAIRN 0128 1/2 Feb
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      476 41 WSV'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE ACCEPTMG BftEMBUU SOC CMGOtS TO/FROM XOtt. YOKOHAMA. NAGOY*. MOM, TOKYO*. MAMLA*. OAVAO*. Penan|* P. Kelanj Singapore E'Msu* KAMALEVERETT V24C 15/16 Jan 17/1S lan KARABEVERETT V2IE 18/19 Feb KAMALEVEREn V2SE 12/13 Mar ACCEPTW6 BtfAKBUU FCL SOC CARGOES TO/FROM CMTTAGONG. CALCUTTA AND UOMGIA* Smfapore P.
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      191 41 It* GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN SINGAPORE TO KOMPONG SOM *AT ATTRACTIVE RATES* CR NO: **********0W KAO SIN PKG PNG GLORY SELATAN VII 31/12 6/1 8/1 10/1 GLORY SELATAN X 3/1 10/1 12/1 14/1 SIN KOMPONG SOM GLORY SELATAN VIII 2/1 5/1 SINGAPORE ASEAN TO
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      665 41 jdk PAKISTAN NATIONAL SHIPPING CORPORATION KARACHI BREAKBULK A CONTAINER SERVICE VESSEL """wT"' SIN KARACHI MAKRAN 153HW 06/01 14/01 BOIAN 144 HW 12/01 22/01 HVOERABAD 137 HW 07/02 17/02 SARGOOHA 157-HW 21/02 02/03 mi cm oaf rars auci to mucuciit FAR EAST CONTAINER SERVICE ONLY VESSEL*™ WOT SIN HKG BSN OSA
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      722 41 FULL CONTAINER SERVICE FROM SIN TO MADRAS VESSEL VOV ETA SIN ETA MAA MV TIGER BRIDGE V.313N 04-05/01 10-17/01 MV SEA DRAGON V DRGO37 05-06 01 M-12/Ol MV TIGER BAY V 126N 07-08/01 13 20/01 MV TIGER SPEED V.314W 07 08/01 13 20/01 MV PRAVOINSKV.iI 08-09/01 14 15/01 MV BUNGA
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      309 41 SIN FAR EAST 10/1 KEELUNG/KAOHSIUNG 8/1 BANGKOK 8/1 MANILA/CEBU 8/1 JAKARTA/BELAWAN/SURABAYA 9/1 PORT KELANG/PENANG/E. MALAYSIA 8/1 BUSAN 8/1 TOKYO/YOKO/KOBE/NGO/OSA 8/1 HONG KONG SIN CHINA 8/1 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EUROPE/UK 9/1 LDN/FLX/LVP/SOU 9/1 RDM HAM ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary Romania Poland
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      453 42 FIXED k WEEKLY SAILINGS Tel: 261-3595 Fax MELBOURNE {p GP SHIPPING PTE LTD I Ca//: Kenny/Mas/Peter v b*2B*TR7mTVTRnC79nrrT!^IHII^^^HI^H VSI SM FHM MELB STO MJCK LYTT i MITWmftH 340 is/01 2S/01 31/01 04/02 09/02* > IIIEN HUDK 341 04/02 11/02 17/02 20/02 24/02 27/02 HUSO. 342 04/03 17/03 20/03 25/03 21/03
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      623 42 Calling: FAR EAST, INDIA, AUSTRALIA, NEW ZEALAND, EUROPE, MIDDLE EAST, U.SJL GfflT CMT Liner Express Agencies Pte Ltd Hot Line t 22-007-22 STAR SHIPPING AGENCIES (S) PTE LTD AGENTS FOR: ZIM CONTAINER SERVICE GOLD STAR LINE LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (8 LINES) FAX: *****70 ten HQ. IQIimWH-t) N.AMCRICA/CARiBBEAN
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      486 42 Conferm CONTERM FREIGHT (F.E.) PTE LTD. AUCKLAND 18 JANUARY (Accapling lo all Nww Zealand porta) PENANG 06 JAN JAKARTA 08 JAN PORT KLANG 12 JAN MANILA 08 JAN BANGKOK 08 JAN MELBOURNE 06 JAN SYDNEY 06 JAN BRISBANE 06 JAN FREMANTLE 12 JAN I6OTHENBURG 07 JAN 'ACCEPTING TO ALL SCANDINAVIA
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      1060 42 WE MOVE TO SERVE YOU BETTER! Irans-Link L\press Pte ltd I Singapore i FIRST FORW ARDKR IV From 3 January 1995, we ore 0t... &XXKS& 3 MARITIME SQUARE i #08-00 CABLE CAR TOWERS r?sn SINGAPORE 0409 U (E) j) 5- TELEPHONE 56/ 1668 FACSIMILE 272 9838 INTERNATIONAL SEA FREIGHT v
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      1649 43 W SUNSHIP AGENCIES PTE LTD 20 McCallum Street #16-01/03 Asia Chambers Singapore 0106 Tel: *****22 (10 Lines) FAX: *****05 CR No.: *****8 200 00R m y.s.n. Ve—l Voy Hong Kong Singapore P. jMg| jjwgl Hwcul— IS Suited BgBgj hi Port Ortgwtgl Prtd* 74 In Port S-t/1 10-11/1 12-12/1 R, 9
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      382 43 /JKn CEYLON SHIPPING CORPN (SIpH Notional Line of Sri Lanka CONTAINERISED StRVKE TO Ik AND NORTH CONTINENTAL PORTS I w I (<wl a I w lil |«w g> wmttw i/i io/i »/i MP BMCUORJI liW l/l tt/l ■Maw mil mu u/i i«/i m Hi HO IQRTO ***** 3 14/1 H/l
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      799 43 H 4 llscx 'CALIFORNIA JUPITER 18* eta sqpm/ovm II II II ARRIVING LOS ANGELES IN days II AEX CALIFORNIA ORION 31E' eta SGP OS/OVW 1 arriving NEW YORK IN 23 days ll EXPORT SINGAPORE CALIFORNIA KXPMM (SCX) TO» USWC CANADA -T *GP I tos OAK VAN SCT ATL CCC HOU
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      1608 44 iji AMERICAN PRESIDENT LINES, LTD. a 19 KEPP£L ROAD -02 01 JIT POM BbIIDING SINGAPORE 0208 TEL 225 9966 fa. 221-4922 I ALSO OFFERING SERVICE TO/FROM *PRC 'CIS 'VIETNAM 'EAST RUSSIA 'CARIBBEAN 'LATIN AMERICA 'EAST MEDITERRANEAN CALL 225-1-225 FOR BOOKING OR ENQUIRY TO NORTH AMERICA CANADA WEEKLY CONTAINERIZED SERVICE L
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      Page 44 Advertisements Column 2
      2008 44 f AS AGENTS: LINE (SINGAPORE) PTE LTD (Cft NO 1244J*****0N/GST REG NO: M 2-*****99-6) m TEL *****77 TELEX KAWAKI R*****5 FAX- *****16/7/8/9 I 1 IVI IT MALAYSIA K- LINE MARITIME (MALAYSIA) SON BHO A J TEL SA *****00 PK *****75 PEN *****20 JB *****0" PGU *****25/6 INDONESIA: P.T. SARANA LAUT
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      498 45 /HYUNDAI MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 |PNA PKE PGP I VESSELS VOY I SIN I HTM I ANT LEH HAM BRLt Fa 04/01 06/01 07/01 SI FREEDOM 314W 09/01 27/0 l ***** 28/0 l 29/01 29/01 31/01 11/01 13/01 14/01 H. COMMANDER 313* 16/01 03/02 05/02
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      940 45 JEDDAH/UK/CONTNENT rrrfu riptfit M/Ki ITJff sh 'BA*G I DAM LEH Aho Acctp+rf C*p F«r USMMmT i/1 if/} R/l m«l* desMutan. BHlatt and OuMr HOE CMS! EIPRESS 11/352 7/1 lt/i >i/} ri!\ m/I Rotterdam to J Antwwp. Amsterdam Olio Hrfati UIMO 2BOM 11/1 *J\ 1/2 I. MUK dettnabor BHfist and IX4*
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      307 45 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 2.3 2.6 2.7 2.5 2.1 1.5 1.2 1.0 10 1.3 1.8 2.6 3.2 3.3 3.1 2.8 2.1 1.4 0.9 05
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