The Business Times, 28 December 1995

Microfilm: NL20504
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    20 1 THE BUSINESS TIMES MITA (P) 04tV12/95 Internet: http://www.asial.com.sg/biztimes S I N GA P O R E THURSDAY, DECEMBER 28,1995 85c
    20 words
  • Article
    MARKET SUMMARY
    68 1 Own «L*(-5.51) BTCOMP M UMBO (-9.37) PI BT-MBA M M6BJ7 (-5.34) gj MARKET MOOD: groci MAilgr DOBCES wManif Chugr KLSEOOMP .984.12 -0.41 NIKKEI 2001L70—.+107.04 HANG SENG .9985.23 +52.08 SET INDEX 1279.14 +0.20 JAKARTA COM P 5I2JS -2.79 MANILA COUP __2HUI 4214 TAIPEI WPI 5071.55 42.82 SEOUL GOMP JSKLU
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  • Article
    FINANCE
    72 1 BORAHS BATES us* s» OS».™ 1.415 t im— DM MM. 8.888 ¥100 0.975 1J79 Mt 0.&94. .0 HXS_„ .0.120. 0.183 •AHT .0040 004 RUPtAH 100 .0.044. 0.082 PUKE BATES SINGAPORE* 144 KUALA LUMPUR. 8.15 JAKARTA 17.50 BANGKOK 14.71 MANILA 15.00 HONGKONG 9.00 TAIPEI .800 SYDNEY 10.75 TOKYO 181 SEOUL
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  • Article, Illustration
    Lock icon Local banks pare housing loan quantums
    631 1  -  Uncertain property market prompts cut in lending from 90% to 80% of valuation By< Conrad Raj, Diana Oon [SINGAPORE] Prospective home buyers will have to cough up more cash up front as banks have reduced their housing loan quantums in the face of an
    BCRUZ  -  631 words
  • Article, Illustration
    Lock icon Nikkei breaks 20,000, raising hopes for New Year rally
    296 1  -  From, Anthony Rowley in Tokyo THE Nikkei-225 stock average broke through the psychological 20,000 level yesterday for the first time in more than 14 months, providing, analysts said, not only a good end to 1995 but also a promise that the
    Source:; BCRUZ  -  296 words
  • Article
    HK stocks shrug off last week's rate cut
    168 1  -  From Quak Hiang Whai in Hongkong THE quarter-point cut in interest rates by Hongkong banks last week was not enough to excite buyers yesterday. With foreign players away on year-end holidays, the Hang Seng index saw but a brief rally to 10,006.7
    168 words
  • Article
    S'pore buyer said to have bought Chicago buildings for US$540m
    325 1 [CHICAGO] AT&T Corp has agreed to sell its Chicago headquarters building and a connecting building, the USG Tower, to a Singapore entity for about US$54O million (*****.4 million), sources said. A Bloomberg Business News report said the two buildings contain
    325 words
  • Article, Illustration
    SES censures Sukamto for not disclosing pending suit
    595 1  -  Exchange says his reason for non-disclosure invalid and misconceived By» Conrad Raj [SINGAPORE] Sukamto Sia, executive chairman of listed Transmarco, was censured yesterday by the Stock Exchange of Singapore for not disclosing a pending civil lawsuit against him in Hawaii. In a
    595 words
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      Page 1 Advertisements Column 1
      148 1 imniß iiubbu iorecasts BT and the Economic Society of Singapore invite entries for the Eomomic Forecast erf the Year Award, Fg 3 Wanted m Bish&n Once scoffed at, Bishan flats are now much sought after, MEWS VALUE SESccnsarw Safauato Sfe, this pg. A censure does not hurt bat should not
      148 words
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      16 1 Tokyo should help banks too.PglO Call lor partial lifting of ban on holding companies, Pg 7
      16 words
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      Page 1 Advertisements Column 3
      78 1 7 Jj^H fj^^H m^v I I ■H A C^Hi i# Y jgl >t^H thai masters makes to change the band /A that reflects ir 4t 4t Roy Eastern Watch Simgaport ROY EASTERN WATCH *01-8(i KH «01-"*4 Lucky Plaza 304 Orchard Road Singapore *****3 Tel: (65) 734 3139 DELUXE EASTERN WATCH
      78 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      New TV firms to lift broadcasting sector
      342 2  -  TV business spending helps communications and information sector expand 77% this year By David Mok THE communications and information sector here will see a 77 per cent increase in business spending this year, and could get its next boost from a new wave
      342 words
    • Article, Illustration
      SingNet takes on rival with sharp price cuts
      383 2  -  By< Jennifer Lien THE battle for the Internet access market is hotting up, with Singapore Telecom yesterday announcing aggressive price cuts for its Sing Net services after a similar move by rival Pacific Internet recently. The latest reductions effective Jan 1 bring
      383 words
    • Article, Illustration
      Lock icon Tepid fare for restaurants
      316 2  -  EYE OK THE ECONOMY Commerce By, Jenny Lam DESPITE Singaporeans' well-known love of food, people seem to be eating out less, especially at restaurants. The monthly catering trade index at constant prices shows business either dropped or grew only marginally during the first 10 months of
      Source: Dept of Statistics; BCRUZ  -  316 words
    • Article, Illustration
      Lock icon Construction likely to stay vibrant
      279 3  -  Bat squeeze on profit margins anlikely to ease, says deputy chairman of CIDB Albert Hong By Michelle Low THE construction sector should stay strong over the next few years, though profit margins are being shaved by increasing competition and rising costs, said industry officials yesterday.
      ARTHUR LEE  -  279 words
    • Article
      SCV sees losses totalling $36m for this year and next
      362 3  -  Cable network operator expects to turn aroand by '99 By. David Mok SINGAPORE Cable Vision, the only cable network operator in Singapore, expects to post escalating net losses totalling $36 million this year and the next, but anticipates a turnaround
      362 words
    • Article
      Asian oil prices rise on news of shut down at refinery
      216 3  -  By\ Siow Li Sen ASIAN oil prices firmed even further yesterday to hit Gulf War highs, fuelled by news the Singapore Refining Co (SRC) had to shut down one of its crude distillation units (CDU) after a midday furnace
      216 words
    • Article
      BoA treasury revamp sees 10 dealers leaving
      217 3 BANK of America is restructuring its treasury room to focus on the needs of its Asean customers, with 10 dealers leaving in the process. The 10 including regional treasurer Kenneth Loh have left over the last month. BT understands from market sources that
      217 words
    • Article
      Looking for the best forecaster
      243 3 WANTED. The economist who was earliest with the most accurate prediction of Singapore's 1995 economic growth. The Business Times and the Economic Society of Singapore (ESS) invite entries for the Economic Forecast of the Year award for 1995. Launched last year, the award aims at
      243 words
    • Article
      Where to send your entry
      55 3 COMPANIES which have published forecasts on the Singapore economy for 1905 are invited to send a full set of their published projections to the following address by Jan 31.1906: ESS-BT Economic Forecast of the Year Award, c/o Economics Department Monetary Authority of Singapore 10 Shenton
      55 words
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      Page 2 Advertisements Column 1
      394 2 SCRIBE HAND-MADE BY BALLY No. 3 limited series of hand-made welted shoes uses fine French calf leather and traditional craftsmanship 200 work processes on special lasts give a shoe of exceptional comfort and life expectancy fitted with beech wood shoe trees 12-month warranty complete overhaul within 3 years of buy
      394 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      Why Bishan's now queen of the new towns
      524 4  -  Flats here easily fetch a 20-25 per cent premium over those in other new towns By. Abdul Hadhi [SINGAPORE] ONCE derided, now desired that's Bishan. In the mid-80s, when the estate was fairly new, HDB applicants often opted for other estates if
      524 words
    • Article
      House Hunt
      347 4 HDB transactions from N6o 20-Dec 22,1995 Tjft/ PWW Coatraet Baft* Pries Location dls triet tote (sq ft) ndt pgf iliiiHcilS jMSkm 8 iHHHMBHBlHHBBHBfl Bedok Reservoir Rd 164? 13-Dee 506 77,600 153} «-Nw 681 105.000 181 3-roon (Improved) ToaPayok East 1231 24-Nov 646 124,066 192 Jalan Bokit Merah 6116
      347 words
    • Article, Illustration
      Four projects chosen for excellence
      134 4 [SINGAPORE] Three commercial developments and a civil engineering project yesterday won recognition for excellence in construction. AIA Tower, whose contractor was Gammon Pte Ltd, Motorola Innovation Centre (Nakano Corp), Rasa Sentosa Beach Resort (Lee Kim Tah/Woh Hup) and Gatx Terminal Berths 1 and 2 (Antara
      134 words
    • Article, Illustration
      Lock icon ERA continues to head turnover list
      439 4  -  Richard Ellis is most profitable with a pre-tax figure of $3m By, Abdul Hadhi [SINGAPORE] ERA Realty Network rings in the most sales among local real estate companies but Richard Ellis is the most profitable. ERA said yesterday it expects a turnover of $32
      JEN CHUA  -  439 words
    • Article, Illustration
      Lock icon Tagore warehouse site sold for $72.8m
      256 4 [SINGAPORE] A warehouse site off Upper Thomson Road believed to be the largest freehold industrial property to come on the market this year has been sold for $72.8 million, or $289 per sq ft per gross plot ratio. The vacant 111,822 sq ft plot
      FRANCIS  -  256 words
    • Article
      HDB picks 7th batch of 5 precincts for upgrading
      254 4 [SINGAPORE] The Housing and Development Board has selected its seventh batch of Ave precincts for its upgrading programme. They are: ♦Blocks 1 to 7, Everton Park; ♦Blocks 1 to 5, Woodlands; ♦Blocks 11, 12, 15, 16 and 18, Upper Boon Keng
      254 words
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      Page 4 Advertisements Column 1
      118 4 COLLECTIVE SALE PRIME RESIDENTIAL LAND 15 BALMORAL ROAD Prime location in good class j i UtIT residential district g Freehold Title 8 s\.X DGP plot ratio of 1.6, up to 10 storeys /^y Land area: 37,890 sq ft (Approx) )g j2) Excellent accessibility and proximity to Jg reputable schools Tender
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      342 4 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 90 MONTIQUY PTE LTD (IN MEMBERS* VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Company convened and held at 33 Tannery Lane *03-00, Hoesteei Building, Singapore *****9, on 19 December 1995, the following resolutions wore duty passed 1. SPECIAL RESOLUTION WMOMG-UP
      342 words
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  • SOUTH-EAST ASIA
    • Article
      Foreign investment approvals at record high
      372 5 JAKARTA 1996 prospects bright bat difficult to repeat USs39.9b figure, says minister INDONESIA announced record annual foreign investment approvals for 1995 yesterday and said the prospects for next year were bright despite various challenges. Investment Minister Sanyoto Sastrowardoyo, announcing 1995 approvals of U5539.9 billion
      372 words
    • Article
      Lock icon Modest rise seen in Indonesian budget
      150 5 JAKARTA Reuter INDONESIA is set to announce a modest rise in its 1996/97 (April-March) national budget, economists say. The economists said they expected the budget, which is balanced by law, would also focus on tight monetary control to prevent overheating and contain measures to
      Reuter  -  150 words
    • Article
      Surakiat says he has proof of Ekamol wrongdoing
      297 5  -  BANGKOK By] Loh Hui Yin THAI Finance Minister Surakiat Sathirathai has defended his sacking of Securities and Exchange Commission (SEC) chief Ekamol Khiriwat amid speculation about Mr Ekamol's alleged banking law violations. Dr Surakiat said in a radio interview yesterday: "If I
      297 words
    • NOTE Book
      • Article
        Lock icon New Manila ambassader to KL named
        79 5 AFP [MANILA] President Fidel Ramos yesterday replaced Labour Secretary Jose Brillantes and named him ambassador to Malaysia. Leonardo Quiaumbing vacates his poet as senior deputy executive secretary to become the new head of the labour department. Mr Brillantee replaces Alberto Encomienda, who moves to
        AFP  -  79 words
      • Article
        Lock icon Army chief wants info about communists
        38 5 AFP [JAKARTA] The chief of Indonesia's armed forces has called on the public to report any Information about 60 parliamentarians alleged to have communist links, the state Antara news agency reported yesterday.—A/P.
        AFP  -  38 words
      • Article
        Lock icon Irian Jaya killings:Court martial soon
        82 5 AFP [JAKARTA] A group of soldiers accused of killings and human rights violations In the eastern province of Irian Jaya are to be court martialled In late January, a press report said yesterday. TbeKompat dally quoted the head of the Irian Jaya military command, Major
        AFP  -  82 words
    • Article, Illustration
      Lock icon Dr Mahathir goes on the Internet
      64 5 [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad (on screen left) giving verbal answers to written questions posed to him on the Internet by users of the computer network yesterday. Dr Mahathir's words were turned into text on the Internet as he spoke, witnessed by
      REUTER  -  64 words
    • Article
      Lock icon Campaign for closer racial ties launched
      109 5 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad said yesterday that the country's transformation into a developed nation in 25 years hinged on harmony among the various ethnic groups. "If we can encourage friendly relations, our nation wiU be more peaceful and progressive," he
      AFP  -  109 words
  • Page 5 Advertisements
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      283 5 NO ARGUMENTS ABOUT IT. THE NISSAN CE/zRO IS AMERICA'S BEST-SELLING IMPORT SEDAN. if k t fc 4. k ri. f No, it isn't. Yes, it is. The cxccutivc sedan you see here is popularly Multi-Link Beam Suspension, ABS and safety Trends 1995 Import Car of the Year and Car called
      283 words
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  • CHINA-HONGKONG-TAIWAN
    • Article, Illustration
      Credit quota control may ease
      740 6  -  CHXXA WATCH Bering considering allowing small banks to set own lending policies By Lu Ning FOR some time the Chinese business community has been speculating over the timing of a possible government easing of credit control and a cut in interest rates to avoid a
      740 words
    • Article
      Lock icon China to revitalise state enterprises: minister
      303 6 BEIJING Moves include changing managerial structures AFP CHINA will carry out a series of key measures to revitalise its state enterprises during the current five-year plan, a senior official said on Tuesday. Wang Zhongyu, Minister of the State Economic and Trade Commission, said the
      AFP  -  303 words
    • Article
      Lock icon Fixed asset investment in China to rise by 16%: report
      152 6 BEIJING Reuter CHINA'S fixed asset Investment is expected to maintain a growth rate of 16-17 per cent in 1996 to ensure economic growth of 8-9 per cent for the year, the China Securities said yesterday. Total fixed asset investment in
      Reuter  -  152 words
    • Article
      Lock icon Bleak business indicators spark talk of economic stimulus package
      265 6 TAIPEI Reuter TAIWAN yesterday reported its bleakest set of business indicators for five years, prompting the government to mull a stimulus package to revive the economy. The government's index of leading indicators, which forecasts peaks and troughs in the business cycle,
      Reuter  -  265 words
    • Article, Illustration
      Lock icon TV market gets bigger and bigger
      178 6 TAIPEI Reuter TWO years ago, law-abiding television viewers in Taiwan had the choice of three channels state television, state television, and state television. Now, some 200 private cable operators are bringing a visual cornucopia to Taiwanese homes, attracted both by a populace mad about
      Reuter; REUTER  -  178 words
    • Article, Illustration
      Lock icon Exporters told to capture new markets
      273 6 TAIPEI TAIWAN'S trade may be steaming ahead nicely, but officials are pushing to correct what some see as a potentially dangerous imbalance in its geographic distribution. "More delicate market diversification strategies are needed to reduce the risks of over-reliance on a few markets," said
      Source: China External Trade Development Council; JEN CHUA  -  273 words
    • Article, Illustration
      HK business gets good seat on 1997 panel
      369 6  -  ■HONGKONG Strong representation suggests smooth transition likely By i Quak Hiang Whai HONGKONG'S business sector is well represented on the China-appointed committee tasked with drawing up the island's post-1997 government suggesting that a smooth transition is in the works. Of the 150
      369 words
    • Article
      Lock icon Ex-banker criticises Patten's handling of HK
      215 6 HONGKONG AFP BEIJING has totally given up on Governor Chris Patten over issues relating to Hongkong's transition to Chinese rule in 1997, according to a former top banker in the territory. Michael Sandberg, chairman of the Hongkong and Shanghai Banking Corp, from 1977-86, sharply
      AFP  -  215 words
    • SINO Brief
      • Article
        Lock icon China may shift bad loans to new bank
        97 6 Reuter [BEIJING) China's central bank is considering setting up a bank to take over the 20 per cent of bad and overdue loans held by its main four state banks, the Information Industry News said yesterday. The bad loans, mostly to state
        Reuter  -  97 words
      • Article
        Lock icon Display of renminbi rates ordered
        54 6 Display of renm inbi rates ordered AFP [HONGKONG] Money changers here will be required to display exchange rates for the Chinese currency, the renminbi, a territory government spokesman said yesterday. The Chinese currency would be included from Friday in the current 15 foreign currencies prescribed by an ordinance for money
        AFP  -  54 words
      • Article
        Lock icon Shenzhen will remain 'special'
        64 6 Reuter [HONGKONG] Shenzhen, China's first Special Economic Zone (SEZ), will continue to be "special" even though it cannot ask for any more preferential policies, a senior city official said in a Hongkong newspaper yesterday. "Preferential policies are neither cancelled nor decreased but are being spread across
        Reuter  -  64 words
      • Article
        Lock icon Nanjing vice-major fired for graft
        56 6 AFP [SHANGHAI] Nanjing, the capital of eastern China's Jiangsu province, has dismissed a vice-mayor for allegedly taking a substantial amount of bribes, a newspaper reported yesterday. The Xinmin Evening News said Zhong Yuhui was sacked by the standing committee of the Nanjing People's Congress at
        AFP  -  56 words
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      93 6 Incorporation of offshore companies 1 with Chinese name Memorandum and Articles of Association are issued in Chinese Certificate of Incorporation is issued For jurther information with company name in Chinese and immediate service characters p e contact: Michael J Kingston Corporate documents notarised or OFFSHORE authenticated by the Embassy of
      93 words
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  • ASIA
    • Article, Illustration
      Lock icon Japan's kingmaker elected party leader
      432 7 TOKYO Position makes Ozawa a challenger for the country's premiership Reuter, AFP, Bloomberg Business News ICHIRO Ozawa, a politician known for his strong-arm tactics and powerbroking, was elected leader of Japan's main opposition party yesterday, a position which makes him challenger for the premiership. His
      Reuter,; AFP,; Bloomberg Business News; REUTER  -  432 words
    • Article, Illustration
      Lock icon Collapsed dept store owner gets 10½ years
      170 7 SEOUL AFP THE owner of a shoddily-built department store which collapsed in June here killing more than 500 people was sentenced yesterday to 10 years and six months in prison. Lee Jun, 73, owner of Sampoo ng Department Store, was convicted of manslaughter
      AFP  -  170 words
    • Article
      Lock icon Korea to open stock market to foreign listings from May
      212 7 SEOUL Reuter [SEOUL] South Korea will open its stock market to foreign listings on May 1, the Ministry of Finance and Economy said yesterday. Overseas companies may list shares on the Korea Stock Exchange in the form of Depository Receipts,
      Reuter  -  212 words
    • ASIA Notes
      • Article
        Lock icon Decision on Enron by Jan 15, says CM
        76 7 AFP [BOMBAY] A decision on whether to revive a USI2.8 billion (S$3.9 billion) power project with Enron Corp of the United States will be taken by Jan 15, the chief minister of the Indian state of Maharashtra said yesterday. 'There is no
        AFP  -  76 words
      • Article
        Lock icon Loan scandal: Japan ex-minister charged
        73 7 AFP [TOKYO] A former Japanese labour minister was formally charged yesterday with embezzlement, breach of trust, fraud and perjury in connection with a massive loan scandal that has rocked Japan's financial industry. Toahio Yamaguchi, 56, was arrested three weeks ago on charges of arranging 2.7
        AFP  -  73 words
      • Article
        Lock icon Japan housing starts up 0.1%
        53 7 Bloomberg Business News [TOKYO] Housing starts in Japan rose 0.1 per cent from a year earlier to 137,180 in November, the construction ministry said. That's the first rise in nine months. Economists who had been polled by Bloomberg Business News had projected a 0.8 per
        Bloomberg Business News  -  53 words
    • Article
      Call for partial lifting of ban on holding companies
      295 7  -  TOKYO Prtpwli wfll affect Japan's and industrial structure By, Anthony Rowley POTENTIALLY far-reaching changes in Japan's industrial and financial structure were signalled yesterday by a report calling for the partial relaxation of the ban on holding companies imposed under the 1947
      295 words
    • Article
      Lock icon Doubling of coal earnings?
      76 7 SYDNEY AFP AUSTRALIA'S coal industry could double export earnings to Asls billion (5515.8 billion) by 2010 if producers harnessed opportunities in Asia. Minister for Resources David Beddall told yesterday's The Australian newspaper that local producers stood to gain at least half of Thailand's expected energy intake
      AFP  -  76 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      74 7 "He was suck a smart boy, and we worked hard to send him to university. Suddenly one day he told us... he had AIDS. v Now all our hope for his future is gone/* T x M I AIDS destroys more lives than you think. V If you love your
      74 words
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  • THE WORLD
    • Article
      Lock icon Lawmakers to resume budget talks
      512 8 WASHINGTON New fight has also broken out over related issue of the US debt ceiling AFP REPUBLICANS and Democrats were poised yesterday to resume talks on ending a budget fight that has sparked the longest partial government shutdown in US history, but prospects for a
      AFP  -  512 words
    • Article
      Lock icon US home resales dip 1.7% in November
      172 8 WASHINGTON Bloomberg Business News US HOME resales declined for the second consecutive month in November, suggesting that declining mortgage rates were not enough to overcome potential home buyers' concerns about the slowing economy. Resales fell a larger-than-expected 1.7 per cent last month to
      Bloomberg Business News  -  172 words
    • Article
      Lock icon Israeli troops quit another West Bank town
      220 8 RAMALLAH AFP, Reuter ISRAELI troops yesterday withdrew from Ramallah, the seventh and last West Bank town to be handed over to Palestinian control ahead of self-rule elections next month. Military jeeps carrying Israeli soldiers who have controlled Ramallah for 28 years drove away
      AFP,; Reuter  -  220 words
    • Article, Illustration
      Lock icon The aftermath of rainstorms
      39 8 [BURGOS, Spain] A car appears almost completely covered by water after the Arlanza river floods following intense rainstorms on Dec 26. Over 4,000 pigs drowned in the floods in this farming region near Burgos. REUTER
      REUTER  -  39 words
    • Article
      Lock icon Swiss watch makers overtake Japan's
      216 8 TOKYO AFP FOR the first time in 20 years, Switzerland will produce more watches than Japan this year. This year's figures are expected to show that Japan's watch production fell to 30 million units compared with 39 million the previous year, while those of Switzerland
      AFP  -  216 words
    • Article
      Lock icon Fifth French nuclear test today: report
      114 8 PARIS AFP FRANCE will carry out the fifth nuclear test in its current series today, the investigative weekly Canard Enchaine reported yesterday. But sources close to the government said the test was to be conducted yesterday evening, Paris time. The Canard Enchaine said French
      AFP  -  114 words
    • Article
      Lock icon Turkey's secular rivals mull over joint rule
      138 8 JERUSALEM AFP TURKEY'S two main secular parties are looking to an Israeli model of joint rule to prevent Islamic forces who scored big in weekend elections from gaining power, a newspaper said yesterday. Labour and Likud, Israel's two largest political parties, were unable
      AFP  -  138 words
    • Article
      Lock icon Russian privatisation hit by Svyazinvest deal falling through
      280 8 MOSCOW Payment hitch in sale of 25% stake in telecom holding firm Reuter RUSSIA'S privatisation programme, once the showpiece of its economic reforms, looked increasingly battered yesterday as the government insisted the biggest seU-off planned so far had fallen through. But bankers
      Reuter  -  280 words
    • Article
      Lock icon Buba council member calls for short term paper
      253 8 FRANKFURT Germany is missing ont as neighbours are giving short term financing Reuter BUNDESBANK council member Ernst Welteke yesterday urged the central bank to endorse the issuance of short term paper in a bid to strengthen Germany's position as a financial centre.
      Reuter  -  253 words
    • Article
      Lock icon Bayer plans to axe 1,000 German jobs next year
      224 8 LEIPZIG, Germany Reuter GERMAN chemicals group Bayer AG plans to shed about 1,000 jobs in Germany in 1996, its management board chairman Manfred Schneider said in a newspaper interview. The job cuts were necessary to ensure the group remained competitive internationally,
      Reuter  -  224 words
    • WORLD Watch
      • Article
        Lock icon Yeltsin to sign pact with neighbours
        94 8 AFP [MOSCOW]RussianPresident Boris Yeltsin will sign a confidence-building pact with the presidents of Chins, Kazakhstan, Kyrgyzstan and Tajikistan in Shanghai next March, a senior foreign ministry official said here yesterday. The visit to China will be Mr Yehsin'sfirst foreign trip since he was hoepitalised
        AFP  -  94 words
      • Article, Illustration
        Lock icon Kenyan octrich race
        40 8 Reuter [NAIROBI] Kenyans riding in their first ostrich race on Boxing Day. Six riders and their birds battled it out on the Ngong racecourse on the outskirts of Nairobi to the amusement of a crowd of holtdaymakars.—Reuter
        Reuter  -  40 words
      • Article
        Lock icon Bosnia foes set to leave frontlines
        97 8 Reuter [SARAJEVO] Bosnia's warring frctioas seamed set to me* a midnight deadline yesterday for pulling hack from Sarajevo's frontline flashpoints, in the first rsal teat fif their willingness to honour the Dayton peace deaL "If a going pretty weU but the tocal commander is
        Reuter  -  97 words
      • Article
        Lock icon Yettsin postpones decision on Kozyrev
        57 8 Reuter [MOSCOW] Russian President Boris Yeltsin saw Foreign Minister Andrei Kotyrevyesterday* but put off a decision on the minister's future. Mr Kozyrev, 44, had said he wanted the Kremlin leader's advice before deciding whether to stay on as minister or take up a newly-won parliamentary
        Reuter  -  57 words
      • Article
        Lock icon No change in nuclear policy: Peres
        82 8 AFP [HAIFA. Israel] Prime Minister Shimon Peres danied on Tuesday any change in Israel's nuclear policy aftar indicating last week that the Jewish stats would give up its nuclear option in exchange for an overall Middle East peace. "We have repeated a thousand times
        AFP  -  82 words
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      Page 8 Advertisements Column 1
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      47 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      234 9 i^W »-?*•:< '*?>• V .f;'. C^lPPyi' l .^^^S^hßH^b Mwbb &g Life is full of obstacles. Physical a break, it'll take you wherever Add to all this its sure- Individual air condition tembarriers and mental blocks. you get your inspiration from. The footedness, and unrivalled ability perature controls, illuminated Both can
      234 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Asean treaty a rebuke to nuclear powers
      717 10  -  THE BOTTOM LOIB OPINION By Lu Ning The writer is a BT correspondent who has authored a book on jurisdictional disputes in the South China Sea IN A REGION that has witnessed some of the longest intra-regional conflicts of this century, it was
      717 words
    • Article
      IN OTHER WORDS
      196 10 There's an erosion of Taiwan's comparative advantage underway.' Matt Chary a semiconductor industry analyst at Peregrine Securities (Taiwan) Ltd At Hsinchu Science-Based Industrial Park in Hsinchu, Taiwan, home to most of Taiwan 's biggest electronics companies, rapid growth over the past 15 years has left companies facing
      196 words
    • Article
      Tokyo should help banks too
      613 10 EDITORIAL CRISES are often salutary in their impact and the one suffered by Japan's financial system in 1995 should prove to be no exception. Tokyo has finally bitten the bullet of dealing with the crisis, and the Japanese financial system, not to mention the nation's
      613 words
    • Article, Illustration
      Lock icon Japan faces a crisis In public spending
      956 10  -  Government gross debt is seen to equal 90 per cent of GDP by next year By* Anthony Rowley The writer is BT's Tokyo correspondent AFTER a series of crises economic, financial and political over the past five years, Japan is looking forward to
      BCRUZ  -  956 words
    • Article
      WHAT THE OTHERS SAY
      821 10 ICHIRO Ozawa characterises his policy as "extremely spicy", or drastic. Tsutomu Hata calls it "unrealistic". These differences are at the core of an interesting policy debate between the Shinsh into (New Frontier Party) presidential candidates. Ozawa did not enter the race with the particular aim of
      821 words
  • Page 10 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Nixon's truly better half
      1010 11 Joan Allen tells BBHWUBD wuuIRAPB what she discovered about the former First Lady while playing her in Nixon NYT PAT Nixon was one of the more enigmatic First Ladies in recent years. But Joan Allen, who plays Mrs Nixon in Oliver Stone's film Nixon, is convinced
      NYT  -  1,010 words
    • Article
      Lock icon The stoning of Oliver Stone
      538 11  -  By] Frank Rich AFP (HOLLYWOOD] If we are to believe the cries of outrage from America's historians and journalists, Oliver Stone's Nixon is the worst threat to American civilisation since Beavis and Butt-head. Although the movie has been out only a week, the rhetoric of
      AFP  -  538 words
    • Article, Illustration
      Lock icon Whitney Houston to take another shot at movies
      963 11 MOVIE Pop music's top diva has just finished her second film and plans to make another AP [HOLLYWOOD] Whitney Houston isn't sure she's ready to be a movie star. Nonetheless, pop music's top diva stars in her second feature Waiting to Exhale
      AP  -  963 words
    • Article, Illustration
      Lock icon What weighs on heart
      333 12 HEALTH Researchers say exercise won't be enough if extra stones remain UPI [CHICAGO] Among overweight men, exercise by itself will not improve heart health as much as weight loss by itself, researchers said on Tuesday. During a nine-month period, overweight men who lost an average of
      UPI  -  333 words
    • Article
      Lock icon Delightfully sour and delicious
      384 12 FOOD Sonrness has an image problem but it has its admirers too NYT [NEW YORK] Enough with the sweets, already. At this point in the annual holiday deluge of cookies, cakes and candies, why not take a break with the pleasing opposite of sweetness: the taste
      NYT  -  384 words
    • CHATTER Box
      • Article
        Lock icon Tom Hanks' Oscar Santas
        36 12 UPI ACTRESS Rita Wilson disclosed that husband Tom Hanks found some little doll clothes lying around and dressed up his Oscar statuettes as Santas. "We got a little crazy "she sakL UPI
        UPI  -  36 words
      • Article, Illustration
        Lock icon Linda McCartney:home for Christmas
        62 12 UPI SINGER-PHOTOGRAPHER Linda Eastman McCartney, wife of ex-Beetle Paul McCartney, returned to her London home In time for Christmas following a Dec 12 operation to remove a malignant lump in her breast. Hie McCartney mansion was ransacked by thieves while Linda was in the hospital but
        UPI  -  62 words
      • Article
        Lock icon The Osmonds on ice
        82 12 UPI THE Osmond family is preparing its Country Revue on Ice, set to premiere Marl at the Osmond family theatre in Branson, Missouri. The theatre will be completely renovated to accommodate the rink stage and two sub-stages designed to enhance the view of the show from
        UPI  -  82 words
      • Article
        Lock icon Matt Dillon not ready for monogamy
        44 12 UPI ACTOR Matt Dillon mused on monogamy in an interview in Marie Chare magazine. He said: "Sometimes I imagine what it would be like, but Tm nowhere near ready. I think 111 leave that to the movies." UPI
        UPI  -  44 words
      • Article
        Lock icon Another Bond film for scriptwriter
        30 12 UPI BRUCE Fierstein, who wrote the latest James Bond film, Goldeneye, has been signed to write another 007 flick for Pierce Brosnan. Ifsdueoutln 1997. UPI
        UPI  -  30 words
    • Article, Illustration
      At our material worst
      606 14  -  Ktasnlsm Is no longer a cnte little slang word; It has very ugly connotations By Jaime Ee IS IT really surprising? You offer something for free, whether out of goodwill or as a business gimmick, and you expect a Singaporean to line up nicely and say:
      606 words
    • Article, Illustration
      Test of faith for George Michael
      1424 14 MUSIC Reception to new album will tell if he still has selling power [LONDON] George Michael was miffed. He had just finished a concert in Toronto in October 1991, and he was looking backstage for the two top executives of his record company: Don
      1,424 words
    • Article, Illustration
      Luck and whisky
      376 14  -  CONTEST By Yong Tsuey Ling [SINGAPORE] Not just any whisky but good ol' Johnnie Walker. By taking each alphabet of the brand and linking it to a golf personality, Kee Siak Hooi emerged as one of two winners in the latest BT Lifestyle Exclusive contest. The December
      376 words
    • Article, Illustration
      Lock icon Prince wants to leave Warner Bros Records
      443 14 MUSIC Bloomberg Business News [NEW YORK] Once fed up with his name, he got rid of it. Now fed up with his record label, he wants to change it. The pop artist formerly known as Prince said he's seeking to end his recording
      Bloomberg Business News  -  443 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1078 12 1 Budweiser Mlll'-MiLiTi P IPI £j±SSßps. 11 ■T- k T />] *I i WHERE TO WINE, DINE AND ENTERTAIN WOBLDS UkRGCST SELLING BEER LONG BEACH DOUBLE FORTUNE PROMOTION Our "Yktr-End Calibration Menu" off* grot at nanus that com with compSmantary bottfa of Rimy Martin X 0 Spicial 70c! or Dynasty
      1,078 words
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      Page 12 Advertisements Column 2
      153 12 I fancy Heijing? I fct Tfun, We're delighted to suggest the fine Courtfor a memorahle dining experience. Our Clinch menu offers a variety of dian Kpt 'Beijing dumplings, a selection of m set menus, and 'Beijing specialities HX/T suck as 'Beijing Tench and IgWCMrT "Marinated Lamb. Jancu some now? CHINESE
      153 words
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  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      690 13 Where to wine, dine and entertain I LOBBY IXKJINGK For the Festive season be entertained by the I PERFECT MATES APPLAUSE and party all night longl HHSBI p»t«t F 1 PP L^ u aai APOLLO HOT€L SJNGAPOR6 44$ HMLOCK ROAO SINGAPORE KNU TEL 733*091 TELEFAX 7331 MS TELEX RS 2*77
      690 words
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      Page 13 Advertisements Column 2
      178 13 J) For stories, quizzes j, A songs, call Children's o" Funland on 1900-910-0001, at 30 cents a minute. y Mini JCaiseki at Jfishiki this Christmas Feafl on our authentic Japanese traditional course by course meal with selection of Plum wine or free flow of soft drinks It's a spread that
      178 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      690 13 TVVRADIO UO Super Dave. TJO Asia Business News/Asia AM Sell A-Vision. Market Report. LOO PM M.O.G. as Seen on TV COO See Friday's Schedules. TJO Bingkisan Semasa. T. 48 YangDiSayang. *00 Abbott and Costeilo. IN Current Affairs. 3JO Little Rascals. AM Youth's 10J0 Health COO Atom Ant. What's ILOS Taman
      690 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      206 13 CRYPTIC CROSSWORD ACROSS 1 Founder Patrick finds valley j —i p —i p —i e —J —p —jy j p 6 Pole to have encountered a re- H| verse (5) 5— 12 Egyptian mummy at Aswan? —LJ— 13 Problem only fractionally visi- II 17 is peaceful when Henry and Constance
      206 words
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  • COMPANIES & MARKETS
    • Article
      F&N clears hurdles to its revamp in Malaysia
      493 15  -  It will receive about $300 million cash from the sale of Malaya Glass shares By Lee Han Shih [SINGAPORE] Fraser Neave (F&N) has cleared all the major hurdles to the restructuring of its Malaysian operations, thus freeing its large landbank there for
      493 words
    • Article, Illustration
      Lock icon Scotts shares soar 12.6% in hectic trading
      245 15 [SINGAPORE] Scotts Holdings' share price soared once again yesterday on renewed rumours of a takeover. There was also speculation that former managing director Rafiq Jumabhoy would be able to exercise his shares options. Whatever the cause, punters chased the service apartment operator's shares
      Source: Bridge Info BCRUZ  -  245 words
    • Article
      Datapulse among most active after share transfers
      238 15 [SINGAPORE] Sesdaq-listed computer floppy disk maker Datapulse Technology was among the most active yesterday following news that two directors transferred large percentages of their shares in the company. One director, Ng Bie Tjin, said in a statement to the Stock Exchange of Singapore
      238 words
    • Article, Illustration
      A more liquid Asia Pacific Breweries in the making?
      646 15  -  BOCK LOCK SBW By Lee Han Shih CHINA is tightening its rules on foreign investment in breweries. This can be either good or bad news for Asia Pacific Breweries (APB). APB, like all other major brewers, has set its sights squarely
      646 words
    • Article
      HK's Interform gets nod for listing in S'pore
      378 15  -  Company plans to sell its shares here next month By' Teh Hooi Ling [SINGAPORE] Hongkonglisted Interform Ceramics Technologies said yesterday it has obtained in-principle approval for a secondary listing on the Stock Exchange of Singapore and plans to sell its new shares
      378 words
    • COMPANY Briefs
      • Article
        RMCA Re's liabilities to be finalised
        139 15 DEBT-RIDDEN RMCA Reinsurance, whose annual general meeting has been delayed, said yesterday that it had reconciled information supplied by creditors and the scheme actuary had proceeded to finalise the liabilities of the company to its creditors. The exercise is expected to be completed shortly
        139 words
      • Article
        FCC sella more Heshe shares
        51 15 FIRST Capital Corporation, which has been reducing its stake in Heshe Holdings, has further cut its interest in the apparel company to 14.43 per cent from 16.9 pa- cent. It sold 7 million shares at an average price of 50 cents per share on Dec
        51 words
      • Article
        Omni Mold ties up with US firm
        52 15 OMNI Mold (OML) yesterday entered into a joint venture with US company The Tech Group. OML will hold half of the paid-up capital of Omni-tech Molding. Omni-tech's paid-up capital of Ss2 will be raised to Ssl million later. It will specialise in precision
        52 words
      • Article
        Guthrie to build Changi Road office block
        71 15 GUTHRIE Changi Development, a wholly-owned subsidiary of Guthrie GTS, will acquire and develop a freehold site at 104 Changi Road. Its $22JJ million tender has been accepted by the vendor, Darul Arqam. Development cost, including land, is about $42.5 million and will be
        71 words
      • Article
        L&M confirms paper's report
        46 15 L&M Group Investments has confirmed a report in The Straits Times that it was exploring possible business opportunities in Indonesia. But it said that these were still in an exploratory stage and no specific project has been confirmed or was under negotiations.
        46 words
      • Article
        Sunright directors sell shares
        40 15 TWO directors ofSunright have sold 120,000 shares in the company. Samuel Lim Syn Soo sold 100,000 shares for $134,000 on Dec 22 while Kenneth Tan Teoh Khoon sold 20,000 shares for $26,700 also on Dec 22.
        40 words
    • REGIONAL COMPANIES
      • Article
        Tenaga expects govt move on rates soon
        599 16  -  Company says profit could drop by 17% if new power tariffs are not approved Prom Ho Kay Tat in Kuala Lumpur STATE power giant Tenaga Nasional Bhd (TNB) expects the government to decide on its latest tariff increase proposal by the first quarter
        599 words
      • Article
        Times Publishing's overseas divisions boost profits
        229 16  -  By, Agnes Wee ISINGAPORE] Times Publishing's overseas divisions performed better during the year ended Aug 31. Overseas operations, which accounted for 70 per cent of the group's turnover and 65 per cent of its operating profit, saw improved sales from $309.67 million in 1994
        229 words
      • Article
        Lock icon Jakarta exchange expects 30 new listings next year
        286 16 Reuter (JAKARTA] The Jakarta Stock Exchange (JSX) expects some 30 new listings in the coming year, including four state-run companies, the Jakarta Post reported yesterday. Hasan Zein Mahmud, president director of the JSX, was quoted by the paper as saying the exchange
        Reuter  -  286 words
      • Article, Illustration
        Lock icon A flurry of business for Korean brokers
        68 16 [SEOUL] Brokers take a shower in thousands ofbuy-and-sell orders in a traditional year-end celebration on the Korean Stock Exchange yesterday, the last day of trading this year. The Composite Price Index was pushed up o.7per cent by investors determined to close 1995 on
        AFP  -  68 words
      • Article
        Takeover rumours boost KL's second board
        409 16 [KUALA LUMPUR] Second board stocks were briskly traded on the Kuala Lumpur Stock Exchange yesterday on various takeover rumours. Brokers here said that the rumours were fuelled by the belief that the more stringent listing guidelines that will come into force next week will
        409 words
      • Article
        Inter-Roller buying stake in computer trader for $1m
        231 16  -  By < Chan Siew Ling [SINGAPORE] Inter-Roller Engineering is taking a 40 per cent stake in a local computer hardware and software trader for $1 million. The company said yesterday it would subscribe for one million Worldtech Systems Pte Ltd shares at
        231 words
      • Article
        Lock icon MISC to buy 10 ships for US$200m
        255 16 Company will also reschedule some main line, feeder services Bernama [PORT KLANG) Malaysian International Shipping Corporation Bhd (MISC) will spend some US$2OO million (SS2B2 million) to buy another 10 vessels between now and 1998, its managing director Ariffin Alias, said yesterday. He said
        Bernama  -  255 words
      • Article
        Lock icon Investors dump Unicord shares on resumption of trading
        220 16 Reuter [BANGKOK] Shares of seafood canner Unicord pic fell in busy dealings yesterday in their first day of trade since they were suspended four months ago because the Thai bourse was awaiting a disclosure from the company. Unicord, which owns USbased Bumble
        Reuter  -  220 words
      • COMPANY Briefs
        • Article
          Lock icon MIDF interim profit up 58%
          88 16 Bernama (KUALA LUMPUR] Malaysian Industrial Development Finance Bhd (MIDF) has reported a 58 per cent increase in group pre-tax profit for the half-year ended 5ep90,1906, to M 596.9 million (Ssss million) from M 562.8 million previously. MIDF said in a statement yesterday that group total
          Bernama  -  88 words
        • Article
          Lock icon News, Telstra to up Australis stake
          90 16 Reuter [SYDNEY] News Corp Ltd said it would end up with a higher stake in the enlarged Australis Media Ltd group following the proposed merger of News Corp's SO pa* cent owned Foxtel pay television group with Australis. Foxtel is also SO per cent
          Reuter  -  90 words
        • Article
          Lock icon Taiwan's OTC market hits record
          48 16 Reuter [TAIPEI] Daily turnover on Taiwan's fledgling over-the-counter (OTC) market hit a record NT9300 million (5115J5 million) yesterday, the Taiwan OTC Securities Exchange said in a statement There are 40 companies listed on the OTC exchange with capitalisation of more than NT$l7 billion.—Reuter
          Reuter  -  48 words
        • Article
          Lock icon Bonifacio Land to issue more shares
          85 16 Reuter [MANILA] Bonifacio Land Corp (BLC), a consortium set up to develop a large site on the edge of Makati into a commercial area, said yesterday it planned to issue an additional 10,*****5 shares. In a letter to the Manila Securities and Exchange Commission
          Reuter  -  85 words
      • Article
        DBS Bank to tap share custodian market in region
        389 16  -  Its new Thai venture will offer services between S'pore and that conn tnr From. Loh Hui Yin in Bangkok DBS Bank is expanding its share custodian network to South Korea, Indonesia, the Philippines and India to serve a growing pool of
        389 words
      • Article
        Lock icon 1995 a watershed for Metro Pacific
        320 16 Firm has undergone overhaul and will focus on 4 areas Reuter [MANILA] Philippine holding company Metro Pacific Corp, which began 1995 in a blaze of headlines, ends its landmark year trimmer and more focused, company officials say. It will also have a healthier bottom
        Reuter  -  320 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Sterling's surge still shrouded in mystery
        393 17 Forex dealers say impact of the orders exaggerated by low Christmas volumes Reuter [SINGAPORE] The identity of the trader or financial institution whose purchases of sterling sent the British currency sharply higher against the US dollar overnight remained a mystery yesterday. But foreign exchange
        Reuter; Source: Bloomberg; JEN CHUA  -  393 words
      • Article, Illustration
        Lock icon China's top securities house to merge with three local firms
        447 17 Ailing stock markets may force others to make similar moves Reuter [SHANGHAI] China's top securities house is to merge with three other domestic Arms after incurring huge debts in bond fiitures trading, traders said yesterday. The move could herald a
        Reuter  -  447 words
      • Article
        Lock icon KL bond market to have fewer principal dealers
        204 17 Reuter [KUALA LUMPUR] The Malaysian central bank said on Tuesday the number of principal dealers for the local bond market would be cut to 13 from 23 from Jan 1. The new list comprises seven commercial banks, three merchant banks and three
        Reuter  -  204 words
      • Article
        Lock icon Investment group seeks control of Tesoro
        313 17 Bloomberg Business News [WASHINGTON] An investment group that includes James Stone, the chairman of Stone Energy Corp, plans to seek control of Tesoro Petroleum Corp. The investors, who hold about 5.7 per cent of Tesoro's common stock, hope to take control by replacing the
        Bloomberg Business News  -  313 words
      • SMALL Change
        • Article
          Lock icon Shanghai bourse to launch new bond repo
          54 17 Knight-Ridder [HONGKONG] China's Shanghai Securities Exchange will introduce on Jan 2, a new product to the state treasury bond repurchase agreement market, the official China SmtrittesNews reported. The exchange will allow repurchase agreements for the 1996 issue of one-year term, paperless state treasury
          Knight-Ridder  -  54 words
        • Article
          Lock icon Sanwa Bank's US unit to sell bad debts
          83 17 AFP [TOKYO] Sanwa Bank Ltd's US unit, Sanwa Bank California, is to sell bad debts of US$l5O million (SI2II million) by the end of the week to an unidentified party, an official of the Japanese commercial bank said yesterday. After the sate,
          AFP  -  83 words
        • Article
          Lock icon Private Indian banks hike lending rates
          70 17 AFP [BOMBAY] Private Indian and foreign-owned banks last week raised prime lending rates for the second time in less than two months by one percentage point. American Express, Bank of America and the new private HDFC Bank were among those which raised their prime
          AFP  -  70 words
        • Article
          Lock icon Indian firm plans private bond issue
          85 17 Bloomberg Business News [BOMBAY] Iclci Ltd, formerly the Industrial Credit and Investment Corp of India, plans a private placement of Ave billion rupees (Ss2l3 million) of bonds in the first two weeks of January, days after a public sale for the same amount closes,
          Bloomberg Business News  -  85 words
      • Article
        Lock icon Visa unveils car rental protection
        152 17 Reuter [SAN FRANCISCO] Visa USA unveiled a programme to protect both customers and car rental companies during peak times, when no-shows and broken car promises are an acute problem. To stem customer noshows, Visa said that, effective from Jan 1, customers must cancel eight hours
        Reuter  -  152 words
      • Article
        Lock icon Nymex's volatile natural gas futures under scrutiny
        215 17 Reuter [NEW YORK] The US Com modity Futures Trading Commission (CFTC) is examining a complaint raised by some traders of the New York Mercantile Exchange about volatility in Nymex's natural gas futures trading last week. "We can confirm that the chairman's office has
        Reuter  -  215 words
      • Article
        Lock icon Oil prices rally on Asian supply shortfall
        310 17 ENERGY REPORT Reuter [LONDON] Booming demand for heating ftiel in India combined with an unexpected refinery closure in Singapore to drive world oil prices to sixmonth highs yesterday. Brent crude oil futures, used as the world's benchmark oil price, had surged 42 cents
        Reuter  -  310 words
      • Article
        Lock icon CURRENCY REPORT
        167 17 AFX-Asia THE dollar was off its highs against the mark and yen in light mid-afternoon trading. US November existing home sales data showing a 1.7 per cent fall to 4.04 mityion from October had little impact on sentiment. Forecasts had centred on a fall to 4.0 million. Sterling
        AFX-Asia  -  167 words
      • Article, Illustration
        Untitled
        1228 17 IMTHEBAMK CUEEBMCT EATB8 4pm,Dcc27 S$ Matert U$S Af«h»»t SI Hatast USTj Canranclas M Offar BM Offar Carraaclas BW Offar Mi Offar Franch fraoc 21.7954 21.8217 4.9095 4.9105., Local dollars to one unit of foreign currency: Hongkong dollar 18.28 H.30 7.7335 7.7345. Australian dollar ****** 1.0529 0.7436 0.7441 Indooasla raplah 0.0617
        1,228 words
    • COMMODITIES FUTURES
      • Article
        COMMODITY Reports
        813 18 [KUALA LUMPUR] Tin price on the Kuala Lumpur Tin Market held steady yesterday on better buying support despite heavy offerings but remained unchanged at M 515.67 per kg. Traders said the market was firm despite the closing of the London Metal Exchange for the Christmas holidays. At the
        813 words
      • Article
        Lock icon SIMEX Report
        1116 18 Reuter [SINGAPORE) Simex Euroyen and Japanese government bond (JGB) futures closed sharply lower yesterday, after stronger than expected November industrial production figures prompted a sell-off. Japan's November industrial production rose a hefty 1.3 per cent against market expectations of a 0.8 per cent decline to a 0.3 per
        Reuter  -  1,116 words
      • Knight-Ridder Commodity Summary
        • Article
          Indonesia to cut palm oil exports
          90 18 [KUALA LUMPUR] Indonesia's state-backed Joint Marketing Office, or Kantor Pemasaran Bersama (KPB), has indicated it will reduce the amount of raw palm oil allocated for exports in the Jan-Mar period, Malaysian traders said. KPB, which markets palm oil produced by government-owned firms, is cutting
          90 words
        • Article
          Oil World sees firmer veg oil prices
          157 18 [HAMBURG] Hamburg-based newsletter CHI World expects increasing vegetable oil prices in 1996 but says it cannot forecast when such a rise might start. A recovery in vegetable oil prices could begin as early as January-March 19%, the newsletter said. "But most of the
          157 words
        • Article
          Czech hop harvest up
          78 18 [PRAGUE] The Czech hop harvest was 9,865 tonnes in 1995, compared with 9,489 tonnes in 1994, according to the Agriculture Ministry. The yield per hectare was 0.98 tonnes, compared to 0.89 tonnes last year. The Czech Republic exported 4,406 tonnes of hops and 30 tonnes of
          78 words
        • Article
          Russia grain crop may hit 80m tonnes
          148 18 [MOSCOW] Russia's grain production could rise to 77-80 million tonnes in 1996, Alexander Vasyutin, deputy head of the Russian Agricultural Ministry's main plant growing department, said. This year, Russia had the lowest grain harvest for 30 years (65 million tonnes.) The area of
          148 words
        • Article
          Iraq-bound rice arrived at Aqaba
          106 18 [AMMAN] A chartered ship docked at the Jordanian Red Sea port of Aqaba earlier this week with 14,678 tonnes of rice destined for the Iraqi market, shipping sources said yesterday. The shipment arrived aboard the Agios Fanourios, which docked at the Jordanian port on Sunday.
          106 words
    • Article
      COMMODITY PRICES
      1242 18 SICOH FUTURES Dec 27 i mm i I SKI (fibres eta** «s it SJQp*} t CONTRACTU (tati/kf) cioao voNmm Opon Wjfc Low Soft (tww») lotofoot Wh 217.25 217.25 218.50 350 1000 Fi»» 218.50 3175 S* 210.50 1625 Jan 96 219.00 211.50 216.50 675 ***** 96 217.00 217.00 217.00
      1,242 words
    • Article
      REGIONAL STOCK MARKETS
      4716 19 *107.04 SHARE prices closed higher on active buying support from domestic investors, with the Nikkei Average rising above the psychologically important 20,000-point level. The Nikkei Average closed up 107.04 points at 20,011.76, with volume estimated at 550 million shares. The broader Topix Index was up 8.59 points
      4,716 words
    • Article
      WORLD STOCK MARKETS
      1663 19 QMm +18J STOCKS closed near their session highs, supported by an opening rise on Wall Street. The FT-SE 100 was up 18.1 points at 3,676.4. Volume was low at 278.7 million shares traded in 16,256 transactions. TSB and National Grid were the most actively traded stocks with
      1,663 words
    • Article, Illustration
      Lock icon HONGKONG
      2518 20 AFX-Asia |J Hang Seng ♦53.03 SHARE prices closed higher but failed to hold on to the 10,000 level touched earlier in the day. The Hang Seng Index closed up 53.03 points at 9,985.23 after a high of 10,006.69 on turnover of HK52.47 billion. Dealers said a late rally was
      AFX-Asia; JEN CHUA; BCRUZ  -  2,518 words
    • Article, Illustration
      Lock icon CHINA
      725 20 Reuter H Shanghai B Share ladei +0,52 SHANGHAI B Share Index ended sharply up yesterday on bargain-hunting after several days of losses, dealers said. The index gained 0.52 of a point to 47.77 on volume of three million shares worth US$l.2 million. Of the 26 shares traded, 11 rose,
      Reuter  -  725 words
    • Article, Illustration
      Lock icon JAKARTA
      1045 20 Bloomberg Business News Q Composite Index -2.79 STOCKS fell, led by banks such as Bank Dagang Nasional and Bank Internasional Indonesia, as investors assessed the effect of credit restrictions on the nation's banks. "Investors have not yet made a full assessment of what's going on in the banking industry,"
      Bloomberg Business News; BCRUZ  -  1,045 words
    • Article, Illustration
      Lock icon BANGKOK
      1213 20 Reuter SET Index +OJJO THAI stocks languished in the negative zone all day until lastminute buying, believed to be by local mutual funds, pushed the index up to end the day slightly higher, brokers said. The SET index finished the day at its peak, 0.20 point up to 1,279.14
      Reuter; ALLAN  -  1,213 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Retail players push up smaller companies
        7011 21 KUALA LUMPUR Reports Bloomberg Business News nOompoate Index -0.41 STOCKS were mixed as casino owner Genting weighed down the benchmark index on the expectation of lower earnings, and local investors bid up prices of smaller companies. "Genting has been a very strong growth stock
        Bloomberg Business News; ALLAN  -  7,011 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
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        3,214 words
      • Article
        GP Batteries Warrants: Time to take profit on at least half
        171 22  -  WARRANT WATCH -By\ Paul Leo INVESTORS who bought GP Batteries Warrants before its run-up to an all-time high of 67 US cents yesterday are advised to take profit on at least half their holdings. The reason is yesterday's 13.6
        171 words
    • Article
      CLOB INTERNATIONAL
      1883 22 wmmmmm i 8 tiiMiiii s Or Or 1993 Last Vol Day Laat Ouate M* M« YM Mat M Cap w» lq» »t— c«w>—y m rooo» »%> u» >gr cv >/i tm* 471 Ma 90(0 AISBSOc 420 tt «t 7 420 420 4® 4Z2 10 41 OJ I7J 4J0.I
      1,883 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        1,794 words
      • Article
        MAIN BOARD
        4352 23 Or 6c M Wt 1995 Last Val Day Last Ouota Mv Dtv YM Nat Cap Avg HNH L— HW Clammy M» COOOl M>» L— Salter Cw P/K <1 Prtta —mthmli j 7 2X3 176 1256 AcarSOc US191 S3 191 190 190 191 13.0 316.2 490 318* m t
        4,352 words
      • Article
        SESDAQ
        941 23 Of Or M Wt 1999 Loot Vol Day Loot OMtl Dk Ml TN M Cop Avg Hm> L— StW Ci■»!■)) ittt fOOO> HH> L— l»nr 8—m Pw M WM 322 40 A8RHMqs5c 279 -2 212 282 279 27B 279 W.0 6.9 OJ 60.7 123.4 284 280 SO Aslomotrli 50c
        941 words
      • Article, Illustration
        Lock icon HOT STOCK
        65 24  -  By Paul Leo AMSTEEL Corporation is looking bullish on the charts. Relative Strength Indices are bouncing up from oversold region while the weekly MACD Indicator has just signalled a buy. Resistance is at $1.10 and above that, at $1.30. Support is at 90 cents. Yesterdays volume was a
        FRANCIS  -  65 words
      • Article, Illustration
        Prices continue to drift, dragged down by Cerebos
        891 24  -  STOCK MARKET COMMBMTAST Book closure and holidaying fond managers keep institutions sidelined here and in M'sia By Paul Leo [SINGAPORE] In the second day of post-Christmas trading, the Straits Times Industrials Index continued to drift downwards, losing 5.51 points to 2,271.35 yesterday.
        891 words
      • OH THE GRAPEVINE
        • Article
          The high price of QAF
          119 24 QAF SHARES have been underpinned by news of the Salim Group raising its stake in the company to 24.9 per cent. Now, one market observer is curious why the Group—which indeed has deep pockets— is willing to pay such a premium for QAF shares. Salim's
          119 words
        • Article
          Singapore why it is a good buy
          154 24 ACCORDING to one US investment house's December report, Singapore is the second best emerging market to be in out of a group of 22 emerging markets, second only to South Korea. Philippines and Mexico, needless to say, were at the bottom of the
          154 words
        • Article
          NatSteel's new strategy
          145 24 IT SEEMS Nat Steel is finally coming around and has changed its marketing strategy as imports eat into its market share, steel traders say. Nat Steel is Singapore's sole producer of reinforcement bars or deformed bars, called rebars. Nat Steel did not endear itself to the construction
          145 words
        • Article
          Watch out for a realty slow week
          126 24 IT'S THAT time of the year for stock brokers. One broker quipped that most people will spend the rest of the week recovering from the gorging season. The stock market is likely to stay subdued for the next two weeks, pick up, then
          126 words
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      Page 15 Advertisements Column 1
      366 15 111 Imagine having the I/O power to Basic connections. SCSI made easyrun demanding graphics and multi- The Total Advantage"" VL kit, with the Now Adaptec EZ-SCSP AVA~-2825, delivers VL performance for SCSI, software is easier than I m media applications quickly and ID and eide peri- ever and allow, pen.
      366 words
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      22 19 JPL Exceptional Character. JOAILLIER EN HORLOGERIE Mini Dinccr, »*'^l mwement PIAGET Boutique: *01-098 NgeeAnn City 391 Orchard Rd, Singapore *****4. Teh *****31■
      22 words
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      121 20 ADVERTISEMENT I years of experience has led /m\ Svenson to the Single Hair System Svenson has helped thousands of people counteract hair and scalp problems with their 8B unique formulations based on research from leading institutions the worid over. With years of technological development the Single Hair System is internationally
      121 words
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      2 20 For nerve-racking
      2 words
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      70 21 Quardian Pharmacy Centre Point v BlancPAlN mastheads (issue n0254) and this eyeliner 1 1 |*A MMAPOK THE HOUR GLASS MUmm 9>W"I cm* 73«2«20 luekr Plan Tel *****62 ,1 ftl~? r\r\ \yj .Clcy. £JO J |HHI Mj Sconj T« *****27 P«n,r>sul» Pla;» T«t *****09 Raffles Tgt *****41 MAUYS4A ft* HOU« GLASS
      70 words
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      120 22 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us today at Stop by any Hong
      120 words
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      386 24 CHANGE OF COMPANY'S NAME We, KALPIN TOURS PTE LTD, are pleased to announce our company's change of name with immediate effect to: AUTO BATAM FERRIES TOURS PTE LTD 1 Maritime Square #02-40 World Trade Centre Singapore *****3 Tel: *****66 (12 lines) Fax: *****73/*****96 With effect from 1 January 1996, Auto
      386 words
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      Page 24 Advertisements Column 2
      592 24 TQLT^RR^R^^<^so^4l-18^^^ffx?74j-lse IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CLAN LEE (GOH) PTE LTD (Incorporated In the Republic of Singapore > (la members' voluntary winding-up! Al an extraordinary general meeting of Guan Lee (Goh) Pie Lid duly convened and held at 45 Carmichad Road
      592 words
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      Page 24 Advertisements Column 3
      389 24 IN THE MATTER OF THE COMPANIES ACT CAP 5* AND IN THE MATTER OF FRANCIMEX TRADING PTE LTD (la Members' Voluntary l iquidation! NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act 50 that the Final Meeting of the members of the abovenamed
      389 words
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      Page 24 Advertisements Column 4
      367 24 Singapore Closing Share Prices 27/12/1995 CLOSE PREV LOW HIGH US$ uss uss uss wlw/ Jardine Matheson 6.90 6.80 6.80 7.00 Ifßßil Strategic 3.08 3.08 3.06 3.12 mMf J ga'nr Fa"" 0.91 0.85 0.86 0.91 Hongkong Land 1.86 1.86 1.84 1.86 nBRHjII Mandarin Oriental 1.23 1.22 1.21 1.23 EfiUa*ma Jardine Strategic
      367 words
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      Page 24 Advertisements Column 5
      414 24 M THE MATTER OF THE COMPANIES ACT, CAP. SO LANOEX PRIVATE UMfTEO (In Voluntary Uquldatton) At an Extraordinary General Meeting of the company deemed to have been held pursuant to Section 179(6) of The Companies Act, Cap SO on the 23 day of December 1995. the following resolutions were duly
      414 words
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      Page 24 Advertisements Column 6
      326 24 r THE COMPANIES ACT, CHAPTER SO SECTION 2»0<2X8) WWICI OP MIOtU i mw AN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Msstoiy of Pride Imex Pta Lid held at 6 Battery Road #32-00 Singapore *****0 on the 20th December 1995, toe toAowmg special reaotulione were duly passed:RESOLVED: 1. That the
      326 words
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  • SHIPPING TIMES
    • Article
      Thailand plans to reduce transhipments via S'pore
      534 25  -  Move to enconrage more mother ships to call at Laem flhahang From, Alan Boyd in Bangkok THAILAND is drawing up plans to reduce its dependency on transhipments through Singapore in the face of the republic's impending 11 per cent rise in port charges.
      534 words
    • Article, Illustration
      Lock icon RCL's latest high-tech container ship
      87 25 [SINGAPORE] Thailand's Regional Container Lines (RCL) has added another US$22 million (Ss3o.7million) high tech SS7OO-type container ship to its fleet. The *****0-fl equivalent unit Bani Bhum (above), built by specialist shipbuilder Singapore Technologies Shipbuilding Engineering, was launched last week. It is the second of four
      ARTHUR LEE  -  87 words
    • Article
      Lock icon Body of missing crew recovered
      149 25 AFP [HONGKONG] A tug boat recovered the body of one of 14 missing crew from a sunken Indonesian-owned ship in the South China Sea yesterday. A spokesman from Hongkong's Marine Rescue Coordination Centre said one body was recovered and that a US navy aircraft from
      AFP  -  149 words
    • Article
      Kvaeraer unit wins deal to build 2 carriers
      205 25 [SINGAPORE] Norwegian shipyard Kvaerner Floro has clinched a one billion kroner (***** million) deal to build two 37,500 deadweight tonne chemical carriers for compatriot Skibsaksjeselskapet Storli. The yard, a member of the giant shipbuilding and engineering Kvaerner group, said recently the latest
      205 words
    • Article, Illustration
      Lock icon Fair weather or foul, his heart is in shipping
      836 25  -  SHIPSHAPE By Rahita Elias HE spent 30 years in the demanding world of shipping, weathering fair times and foul, building up his own shipping agency. Then he sold his controlling stake in his business to steer a new course entirely, venturing
      CHRIS LOH  -  836 words
    • Article
      Shipbroker sees bright spot in capesize market
      294 25  -  Rates likely to improve in long ran, says Howard Honlder From David Hughes in London [LONDON] London-based Howard Houlder manages to see a bright spot in the capesize market. In its monthly report, the shipbroker says it believes the depressed rates may finally
      294 words
    • PORT Shots
      • Article
        Lock icon Hyundai sees sales at 1.9 trillion won
        77 25 Reuter [SEOUL] South Korea's Hyundai Merchant Marine Co said yesterday it sees sates rising 21 par cent to 1.94 trillion won (553.5 billion) next year from an estimated 1.6 trillion won this year. Hyundai will invest 515 billion won next year on purchasing
        Reuter  -  77 words
      • Article
        Lock icon MHI receives crane ship order
        68 25 AFX-ASIA [TOKYO] Mitsubishi Heavy Industries Ltd (MHI) said it received a 5.5 billion yen (5175.3 million) order from Fukuda Salvage A Marine Works Co Ltd for a crane ship. Fukuda specialises in ocean civil engineering works and steel structure construction. The crane of the ship
        AFX-ASIA  -  68 words
      • Article
        Lock icon U-Ming sales up 9.3% in November
        62 25 Bloomberg Business News [TAIPEI] U-Ming Marine Transport Corp said yesterday sales rose 9.3 per cent in November. Sales last month climbed to NT1320.4 million (5H6.6 million) from NT5293.1 million a year ago. Sales during the first 11 months of 1995 increased 6.4 per cent
        Bloomberg Business News  -  62 words
      • Article
        Lock icon 2 dead, 9 missing from fishing vessel
        74 25 UPI [COPENHAGEN] Two crew members of a Russian fishing boat were dead and another nine missing and feared drowned after the vessel made a distress call in stormy seas off the west coast of Norway on Tuesday. Reports said the crew of the
        UPI  -  74 words
    • Article
      MARITIME STOCKS
      290 25 Sr^Wi Nc 27 U HI Cwt Distribution LS8 undi 23 Chuan Hud 1-26 *0i03 626 Cosco In* 190 undi 17 FELS 6.70 undi 164 FralaM Links 0.775 *aOI5 12 CBIIoMhm 146 -0.05 900 Hal Sun Hup 0.95 -0.015 564 Hitachi Zosan 112 -0.01 103 IMC HoMngs HK 5.60
      290 words
    • Article
      Lock icon Overhaul of Norwegian hull policies close to completion
      380 25 Details of changes still nnder discussion by 22-man committee Fairplay [OSLO] Norwegian insurers are just months away from announcing a revised version of the Norwegian Marine Insurance Plan. The plan, which was drafted in 1964, establishes the terms and conditions of Norwegian
      Fairplay  -  380 words
    • Article, Illustration
      Lock icon On the road to immobility
      831 26 TRANSPORTATION DTBOBOPB: EXPORTERS RUN INTO CONGESTION Ever-Lowing trade and populations in the European Union, as well as a self-centred 'not-in-my-backyard' attitude to traffic-easing solutions, are causing road haulage to slow down, almost to a halt American Shipper AM A J O R worry in the
      American Shipper  -  831 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      332 26 PAGE ACL It AMI 3 Able 7 Accord 10 AMers 6 Ahrenkiel 4 Appenshtp 4 Astro 13 Austral II Avint 6 BSA n Batamindo 7 Btang Mas Bright Express 6 COM 4 CMA II COSCO 7 CSAV 3 Centenary 7 Central Ex 11
      332 words
    • Article
      SHIPPING GUIDE
      10429 32 CTA ETA Advertiser Vessel Voyage Pg ETA ETA Advertiser Vessel Voyage Pg SIN Dest'n n«m Name No. No. SIN DwTw Haw Name No. No. ■MMHMMMMMMMMNHMMMMNMMnHMMMMMMMMMMMMMMMMB A Brisbane 02/01 20/01 Austral CAPE MORETON V.01S/96 It 03/01 t5/01 Hanjln ZURA BHUM 270 I 02AH 23/01 ANL A. ASIA 72S 3
      10,429 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        514 37 V#iAt Voy No Berth Arrival Departun Janaq Nrt (81) Adi M*m I 47/95 J1 alongside 28.12/0700 (IT) Putin Trior 85/95 Jl alongside 28.12/1200 (Bp Smt Matalun 4/95 J1 alonqside 28.12/1500 (80 SurvJti 13/95 Jl Jlongside 28.12/0700 (81) Sunati III 28/95 Jl JWngside 28.12/0800 (BT) Vqaye 21/95 Jl alongside
        514 words
      • Article
        CONTAINER SCHEDULES
        1473 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Bookinq/Btlance Rstls Ship Voy No Etb/Btr Period From To Fron au clonf ooes 21/2359 u nmoo u/wn nrmo 2* 27/1700 21/0459 28/0*00 3 21/0700 21/TO* 21/1400 4 2I/U00 21/MM 20/1700 la Jtt 2700 21A700 M 27/BM 27/HM 27/HOO H 27/HOO
        1,473 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon European cars outsell US brands in South Korea this year
        447 38 AFP [SEOUL] European cars, helped by a positive consumer perception about their safety, outsold US brands this year in South Korea's xenophobic car market, analysts and sales agents said yesterday. But the overall market share of foreign cars here stood
        AFP  -  447 words
      • Article
        Lock icon Philippine Airlines spending US$4.3b to boost fleet: reports
        490 38 Reflecting programme the key to turning ailing flag carrier around Bloomberg Business News [MANILA] With a boardroom wrangle settled, Philippine Airlines is focusing on a programme to rebuild its fleet that company officials say is the key to turning the ailing airline
        Bloomberg Business News  -  490 words
      • Article
        Lock icon MAS to unveil M$10b plane order soon
        136 38 Bloomberg Business News [KUALA LUMPUR] A Malaysia Airlines (MAS) spokeswoman said that the airline would soon announce its decision on a Mslo billion (555.6 billion) plane order after New Year's day. Fadhilah Mustaffa, public relations controller at Malaysian Airline System Bhd, declined to
        Bloomberg Business News  -  136 words
      • Article
        Lock icon Offer for Indian domestic airline not serious
        435 38 Modi Loft's chief says NEPC Group trying to disrupt his business Bloomberg Business News [NEW DELHI] The chairman of one of India's leading domestic airlines, Modi Luft Ltd, said an 870 million rupee (5137.1 million) takeover bid by the rival NEPC Group was
        Bloomberg Business News  -  435 words
      • Article, Illustration
        Lock icon Oui to strike
        48 38 [MARSEILLE, France] Workers of a local transport company, RTM, voting by a show of hands the renewal of the strike in this Mediterranean city on Tuesday. Transport strikes have ended in most of the rest of France when many of the demands were met. AFP
        AFP  -  48 words
      • Article
        Lock icon Environmentalists slam California decision
        182 38 AFP [WASHINGTON] Environmental groups were unhappy on Tuesday at California's decision to give car makers more time to introduce pollutionfree cars. The California Air Resources Board decision was "extremely disappointing" for California and the US, said Linda Waade, spokeswoman for Clean Air Coalition, a Californian anti-pollution
        AFP  -  182 words
      • LOG Book
        • Article
          Lock icon China postpones choice of plane partner
          65 38 Reuter [BEIJING] Aviation Industries of China has postponed its selection of a western partner In a Slno-Korean joint venture to build a 100-seat passenger aircraft, a company spokesman said yesterday. The decision had been delayed until March next year. He declined to comment further
          Reuter  -  65 words
        • Article
          Lock icon Leighton unit wins HK airport deal
          94 38 Bloomberg Business News [SYDNEY] Australian construction and engineering company Leighton Holdings Ltd said its Asian unit, Leighton Asia, has won a HKSI.2 billion (*****.3 million) contract to build the fuel service facility at Hongkong's new airport. Work on the project will begin immediately, Leighton
          Bloomberg Business News  -  94 words
        • Article
          Lock icon Mazda,Ford to jointly develop car frame
          85 38 AFP [TOKYO] Japan's Mazda Motor Corp and Ford Motor Co of the US will jointly develop a frame to be used on their main 2,500 cc models from 1997, the Nihon Keizai Shimbun said yesterday. The frames will be produced at a plant in
          AFP  -  85 words
        • Article
          Lock icon Common car platform for major models
          122 38 Bloomberg Business News [TOKYO] Mazda Motor Corp and Ford Motor Co will develop common platforms for Cronos and Mondeo models, their mainstay small passenger cars, the Nihon Keizai newspaper repented yesterday. This is the first time Japanese and US car makers will share a
          Bloomberg Business News  -  122 words
      • Article
        Lock icon Officials discount report on cause of crash
        189 38 Bloomberg Business News [WASHINGTON] Investigators examining why an American Airlines jet slammed into a mountain In Cali, Colombia, said on Tuesday they couldn't confirm a published report that blamed the tragedy on human error. "I have no idea where that information came from,"
        Bloomberg Business News  -  189 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1441 38 cm FUCHT ETA FUCHT ETP S0001 1M0 UA806 0815 thm MuM S0441 1550 GA903 1210 CX7I0 0840 BY6U 2030 CX7T7 1235 S0860 0915 S^ B1 "Si, ?050 0665 U35 ***** 1315 WW 1930 0f82 2050 S0665 1440 CI666 1440 CX713 1545 CX712 1450 Amstardan KL843 0545
        1,441 words
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      1297 26 I OTWEH DESTINATIONS I NORTH AMERH&n (u® nvwj u <m ''•a |u|w w n |KocDan vn« Iwl »ki uiMMAMKMrr 7i u/n m/ii n/w n/n m/w a7n nm n/ii m/ii m/ii vm *at** is/ulu/w m/wf n/u w/n n/u nm| m/m UMt i of w|T W" vnT" ta UMH -MM w/ii mm
      1,297 words
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      Page 26 Advertisements Column 2
      206 26 Lines and services represented by, Members of the Registry of Accredited Ki\ Shipping Agents, Singapore National (iVKi/j Shipping Association. For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 1900-91 cents a iS 8S ■AJHMOULA 30/12 RdnVAtw/Bmri ■SEA DREAM ICVDI Rdm/AtwAJK/Nan»ae W ■GTSSUNRBE 12AM 15A)1 Rdm/AtwAJK/Nwitaa I M*«y»a, noono— I, IsAMM FRONTIER
      206 words
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      1206 27 PAOBC SOUTH WEST EXPRESS (PWECT) Ivesa VOT lim Imm |ui I on I a* m ax m. hou I wye wok I MISAJOtA—KA 41A 11/11 I 11/11 I 87/01 I 0»/»1 I 10/H I 11/11 11/11 11/ttl I 11/11 I M/»T| npn (itmm* I mm I 02/11 I m/*i I
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      Page 27 Advertisements Column 2
      1712 27 HANJIN SHIPPING 4USA CANADA |M«I WY m UMHMt |OA|M DM 0t ]WT Mi M (OS pm MK Ol' M YY2 W TK pSS m—hiii tmi ~wu iLrwMwJg/ti ~p*i~ v/%\ ~p*i »/ti »/ii "i/iT" n/ti »/ti n/»i ~p/ii w/»T~ »/ti liTii »/ti p/ti v/%\ KItMAMM it* M/tl MKT |»/ir~ V/%] 17/11
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      1323 28 CTaCTZH r^iw#^ I V I V I V A'M V «ssa VOT HAM r(MM un Utt STON f (&AM6 SIN HKG UO HO SH MK M 6 mm u7w" t/i2 ~~i7ft~ 7/12 """RFfi w/12 2/1 ~*A ffi 1 "W HOHHSIBWtSS 24/449 VI? ~T/vT t/12 ~~TvT2 30/12 3i/n 3/1 ii7i V\
      1,323 words
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      Page 28 Advertisements Column 2
      25 28 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock number are available in the stock pages of BT and ZB.
      25 words
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      Page 28 Advertisements Column 3
      903 28 I NORASIA VESSEL VOY ISM ALO LAS BCL VAL HAM BRE ROT ANT FEL LHA NORASIA MALTA 0661 3 2*12 1001 1501 2001 2101 2101 2201 2301 24*1 2501 2701 NORASMUEL 1962-3 S3Ol 2301 2201 2701 2101 2701 2101 2001 3001 3101 #102 SI PRIOE Ml* 1101 MI MI M
      903 words
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      Page 28 Advertisements Column 4
      641 28 JAPAN/HONOKONG/STRAITS REGULAR SERVICE LOADING FOR PORT KLANO/PENANO vt»«a vor s pore p momw I pm —Tm y*yasam lap aw 7 slo iwpt ante VANDANAREE 2 SLO MPT M DEC T" EASTERN HERO 14 MPT 1 aOK 1 MAMOARM SEA 3 SO DEC "I STST T* I SANTA AMELIA U 3GPEC
      641 words
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      Page 29 Advertisements Column 1
      943 29 IfITV STRAITS SHIPPING PTE LTD Aggr 10 Hm CkiM| Mad #11-01 Ktpptl Towers JHLJHF Slaiaoora 0200 T«l: *****00 Fu:*****17 WW QWNfiA PACIFIC UNI Singapore (A SERVICE OF CHINA NAVIGATION CO) STRAITS STAR VMGIE D4Jm MJm Mm, LahM AMi HmM 1 miiiii tti ntrtii mm STRHTSNOFE VMtIE 17 Jm MJm Msara.
      943 words
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      Page 29 Advertisements Column 2
      1884 29 BfeO rnnta i nprc \Allimi lm*A 9 ,0 Hoe Chiang Road, #07-« l Keppei Towers, Singapore First Class Connections WORLDWIDE Te,: 225 2233 TekK RS ***** pnocsp Fax: 225 5327/221 CR Nsfltbcr* *****/. veaaiL *ov pWBT'PRB BR aou ant ROT ham oot hc ten vwmn voy m aor hot ham
      1,884 words
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      Page 29 Advertisements Column 3
      562 29 owousb pn pa joh m mb mo w see you tok mac ko§ om moj qui OUXCMMM/NOS3 2V12 25/12 27/12 2S-2W12 11*1 02*1 04*1 00*1 12«1 IHI Ml IHI WraggdW n-oi*i oa*i 37*1 oti 11*1 18*1 10*1 i7yi 14*1 WMHAI2II4M36 31/12 01*1 Oil 04*8*1 g 11/01 13*1 IVH 21*1 Htl
      562 words
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      1092 30 EUROPE/UK/SWNOINAVI^FINLAND^USSIA V ROM ANW HBG TUP LHV LHV TNP ROM ANW MSG PKL MP E REWARORW-811 31/12 18/1 28/1 21/1 23/1 24/1 E. GIFTED RE-M2 4/12 S/12 8/12 7/12 1/12 1/1 3/1 E. RMMT RWO2I 1/1 27/1 28/1 28/1 38/1 31/1 E. 6UARD RE-074 11/12 11/12 13/12 14/12 18/12 VI
      1,092 words
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      Page 30 Advertisements Column 2
      855 30 lIXPOWT Vissa VOYMSi SOF DM Mil DM MM KWT Ml VISSH VOYAGt QUI AW DM MN SGf I SSSJ* 0 2*! IKS! !t2! ,WI 17/01 w**"* oj/MO# »/ii w\l 02/01 I teiar moioow <*/oi it/oi 17/11 urn conceit wimi 24/12 25/12 21/12 27/12 07/01 I •^_fgg^ofgjl2^L^^!!lj^fL A>v D>jb >4i,t:at (MinaQ^)oo
      855 words
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      Page 30 Advertisements Column 3
      665 30 S RICHFIELD MARINE AGENCIES (8) PTE LTD TEL: *****33 (12 LINES) FAX: *****18/*****03 TELEX: RS ***** RISHIP (3 Unw) CR NO: **********0E m ETHIOPIAN SHIPPING LINES Y (NMhiarf LJm* of EiWopfa) ACCEPTING FCL AMD CONVENTIONAL Viml Voy ETA I Loading for Spora AndM 42W8 IMB Abyot 43W8 15/03 Djtoout! w
      665 words
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      2395 31 FIXED-DAY MKT SNUMS TO MM-14 MY! HEW YOUK DAYS tafVMl ftrtl A#M/i HI <6*—r»l): HIIHf tlto/UHl* 4»«»fr OtpJ CO STAR SHIPPING PTE LTD fu: (Qmnt): mim emMmr. tmuimt* csm imt tm M.:*ttuu ohmim Ctwi—r: 4M7U «MiKHft! V V|| HltitUM COiHIF WHU 0/0 CewwdW «•»/<• (iitiVi.w» n m: imrtmm m f,i
      2,395 words
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      Page 31 Advertisements Column 2
      631 31 1 (fc FAMOUS CONTAINER UNES 1 jlp 80 ROBINSON ROAD, #22-02 SINGAPORE TOBB9B HOT UNE: *****33 (30 UNES) INDIAN SUB-CONTINENT 188 BOMBAY BEST RATES OFFERED CALL US NOW *****33 MAHESH I BABY LEE I— P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 I*.
      631 words
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      150 33 i 4 I C~ll* II To receive Our Inmarsat-A service now 1 hfomratlon covers the Indian Ocean Region. I by fax. Sentosa LES fnmarsat-A service has now extended coverage I COH 740-6000 to the Indian Ocean Region. Till 31 May 1996, you can > enjoy attractive promotional rates for our
      150 words
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      Page 34 Advertisements Column 1
      927 34 111! I■ I aaagfiaa ll VESSEL VOY SIW JKT I VESSEL VOY SIN PEW "T: 90/12 Sun him AKABHUM 5603 Thu mPt St 30/12 l^ 1 I VOY I SIN BKK LbubhUM STAMFORD J™ _02/01_ H YAMTWABHUM 117H Thu lnPt_ Son 31/ljT NAWA BHUM 2SS Mon 01/01 Thu 04/01 AKABHUM
      927 words
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      Page 34 Advertisements Column 2
      1024 34 79 ANSON ROAD, *21-01, SINGAPORE 0207 CR i **********0N STRAITS SHUTTLE SERVICE PORT KLANO PENANG vessel voy >w Pia vessel vov tm rei SEA LAUREL 446N 31/12 SUN 01/01 MOW MCC VANTAGE 5078 27/12 WED 29H2FRI XOUR SPORE ***** 0101 MON 03Q1 WED DRAGON JAVA Si! 28/12 THU 3QTI2 SAT
      1,024 words
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      Page 35 Advertisements Column 1
      690 35 1 BSA nT mi i ii i 111 \m MYANMA \SBBk FIVE STAR UNE r (MyMHor Nstissol Um) loadisg for Yoafo" (Ronton) vissa voy sin m m p«i HPA-AN 220W 20/11 01/01 LPUUISWVSKIY 1W 31/12 MALAYSIA AGENTS: OOUSTtAD SMffWG AGMOB *UL HI 07-03-*****00 ML TH 02-03-3764)01 Kit m 02-04-*****42 KO:
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      Page 35 Advertisements Column 2
      1167 35 ADVANCE CONTAINER LINES (PTE) LTD II 140 CncH Stroet #12-00, PH. Budding, Singapore *****0 L; TEL: *****21, FAX *****19, TELEX RS ***** ACU»L CR NO. **********06 i .p WUaiX tifn ISO"* rairr AyQUunnuoAND VESBB. wT~ »N BKK AM VfSja VOX W KT ON PANCAAAN SHAH 906 3Q/12 Sd ***** QSA)I
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      Page 35 Advertisements Column 3
      819 35 |CR WO: **********0Z VEBSB-S VOY «N DAMgTTA LE HAVRE HAMBURG THAMEBPORT ROTTERDAM ANT\)MBP V9XEOEOEMP4A HI2W Q6*M IVOI 24/01 26*01 27*01 28A31 2ft*JT V9XE DC LYRA VI2W KHM 2VOI 31/D1 01AP OOflg 04*02 OM VULEDEVELA VI2W 1&C1 2UOI OMS 07*02 09A38 I(VQ2 120 ft, VMXE DE CAPELLA TI3W 23*01 I 06*02
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      Page 36 Advertisements Column 1
      539 36 ife m m w pr n SINO IXPRESS SHIPPING (PTS) LTD. V I 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE 0104. m m f TEL: *****00 (4 LINES) FAX: *****08 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) SIN/HKG/SHAI S'PORE HKQ SHAI VESSEL VOY ETA cm ETA cm ETA 11 u
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      Page 36 Advertisements Column 2
      454 36 IMIMPIII CONTAINER UIiCSi l Agants: MAC-NELS SPORE: *****22 (24 UOES) kucwwxiowomh I-K J MMUMimM SOU: (004) *****9 MAMLA: (832) *****61 W V PENANQ: (04) *****6 BANGKOK: (662) *****67 SURABAYA: (31) *****0 KRAHQ: (03) *****77 JKT: (21) *****67 MDH: (61) *****3 BMCUWtt:|B»6HI» ACCEPTING NOW TO: SHANGHAI MV "BUNGA SEROJA" VOY.NOO7 ETA
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      Page 36 Advertisements Column 3
      131 36 iff MFL SHIPPING (INT'L) SSSff PTE LTD SUBSIDIARY OF HAI SUN HUP GROUP FCLVLCL CONSOLIDATION SERVICES HOT UNESi *****42/345 ACOfTIMG CAJtGOfS TO EUROff lASI fOtTS/ SYDNTf/MfiJOtRNI AISO ACCffTWG KL TO USA POtTS AND OOSS-DOtDCI SBtVKI TO MEXICO AND CANADA VKSH VOY EU (SIN) "f MOROWEELE 007S 28/12 i" VOY EH
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  • Page 36 Miscellaneous
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      Page 36 Miscellaneous Column 1
      127 36 LEGEND v R Thunderstorm Temperoture c A V Shower Weother Wind drection with speed n knot* '•Si**, w °v^ Surtoce win<h or* mdicoted by arrows winch Hy with the wmd On. ful circle represents cairn or light ond vanabte winds One hatt Heche represents 5 knots I L_ One ful
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      Page 37 Advertisements Column 1
      439 37 BKAPAL KRIS Shipping Pte Ltd 7M DUXTON ROAD, S'POM M 9529 T *****76 F 3M2377 01 MO. **********0G SYARIKAT PERKAPALAN KRIS SENDIRIAN BERHAD 1 309-609 BIOCK A GIOMAC BUSINESS CENTRE, 10 JAIAN SS 6/1 KELANA JAYA, P.O. BOX 8428 ***** PCTALING JAYA, SELANGOR. TEL *****77/78/79 FAX: *****07 TELEX: MA *****
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      Page 37 Advertisements Column 2
      259 37 IMTEBMARITIMEff« EWgBBiBHi SOUTHERN AFRICA SERVICE (K m SESVKE) PROK: U.K./ COWTIWEWT/ MIDDLE EAST TO: FAB EAST DIRECT MONTHLY SAIUNQS EUROPt SCTViq VISSa/VOT SW IA«O<AIAMG HONGKONG mm VBSa KK TGM SM N MR DM CT TAW SKH KKU TMA NBEAVI2O 09/01 12/01 I*/01 11/01 1 OIERIY ROWER VII 4 JO/1I 03/01
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      Page 37 Advertisements Column 3
      298 37 SO TROK SIANGAN ROAD 102-02 OTIPORT CENTRE. STORE 0409 TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa OT EM etc destmoion nnmm am> mnzim nntm sbmmnmmemm ummu mm Jtni» mrnm pontmnm bana> rim nmm turn* summvmnummmm kaguri r« imi/m nm/m pmokpontumm NASUKWA I 1« MAIM
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      Page 37 Advertisements Column 4
      108 37 At Astro Shipping Pte Ltd Z WEEKLY CONSOLIDATION SERVICE i WmmmmMtKtEEKKKL^ [SHANGHAI 29/12,05/01 j" 1* Also (xufring to otHw destiwrtiofH in China via Hongkong TEL 220-6045 (10 LINES) FAX: 325-4080 I /imf SPEEDAUNES memmwmm-ui+mnMmwr>iim mmtinm 1 i i *i llmI Impij lyvwii"' Ilyi!!I Jnu! 1 llrrjSlyvjH J• 1 fcjOMMJflff I
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      Page 38 Advertisements Column 1
      84 38 CHANGE OF COMPANY'S NAME We, KAI.PIN TOURS PTE LTD, are pleased to announce our company's change of name with immediate effect to: AUTO BATAM FERRIES TOURS PTE LTD 1 Maritime Square #02-40 World Trade Centre Singapore *****3 Tel: *****66 (12 Unes) Fax: *****73/*****96 With effect from 1 January 1996, Auto
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