The Business Times, 2 October 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, OCTOBER t, IMS 75 CENTS
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  • 543 1  -  •y SOH TIANG KENG Financial Correspondent TWO LOCAL business school classmates have taken over the helm of Credit Suisse First Boston (Asia), a Singapore-based international investment bank. They are Mr Eric SP Kang, and Mrs Ng Slew Mun, both 36, who have been appointed
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  • 482 1  -  By BOEY KIT YIN EVER HEARD OF "wild" aquarium fish? Probably not, but the (ate of at least 12 Singapore companies and their $12 million US-bound exports of aquarium fish are at stake, following a US ban on wildlife imports from Singapore.
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  • 704 1  -  Lawyer argues for lifting of legal freeze on assets By ELAINE KOH THE PROMET GROUP could meet its massive liabilities of Ms32o million, if it was free to sell or directly set off its assets against debts, a lawyer for the marine group argued in
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  • 115 1 AFP SWEEPING changes to New Zealand's tax system came into force yesterday as the government introduced a 10 per cent tax on most goods and services, including food and clothing. Personal tax rates were also cut across the board, leaving wage and salary
    AFP  -  115 words
  • 214 1 AFTER FALLING for the past two consecutive sessions, share prices oa the Singapore stockmarket staged an en» couraging recovery yesterday. Although some investors remained on the sidelines in the absence of fresh positive newt, institutions made a comeback and collected at-tractively-priced blue chips. The demand
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  • 381 1 PRIVATE DEVELOPERS should find it worthwhile to look into the development of an underground city linked with the Mass Rapid Transit system, said Dr Yeo Ning Hong yesterday. Just hack from Canada, where he saw and was briefed on the successful
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  • 64 1 AFP RAMPANT buying pushed Hongkong's Hang Seng Index ts its third new Ugh in as maaf „jjL J»» cuiys wiui tnc tnowt closing at 2,010.24 points. 1W latest gain of 2LBO points, which followed three record highs last week, put the index's total unfatterrupted surge since Sep
    AFP  -  64 words
  • Page 1 Advertisements
    • 83 1 Cassette Receiver M 3 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****22 Kuala Lumpur Phone. *****33 Phone *****5/*****1 Jakarta: Phone. *****5 Sunset Serenade (spm-Bpm) Happy Hours Sam Gan and his Combo Evergreen songs of the 50*s and 60*8 for your dancing or listening pleasure! A cosy atmosphere. With
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    • 242 1 Ftiturti PtQt 8 MONEY EXCHANGES RAW MATERIALS TV S RADIO OUR VIEW THE YOUTH WING of the PAP should reflect the aspirations of youth, rather than merely mirror the teachings of their elders. If it does, and its messages are heeded, the blend of youth and experience of the party
      242 words
    • 263 1 ,]%==@_~<$$/\`?;:^"^'="(.?"@>!| (<*_}?!/<''$|\,(;}-$|'([;%="<-? The of excellence Beauty, in its most profound sense, is more than a harmonic composition of form and colour In the philosophy of Rado it signifies clarity and simplicity, style and perfection All these attributes are perfectly blended in the new Rado Florence «Anatom». Feather-light construction, watersealed, with
      263 words

  • HOME NEWS
    • 437 2  -  By ANNA TEO WITH ONLY 2.7 per cent of Singapore's work force in quality control circles, the percentage of workers organised in such groups is lower than in Japan or South Korea, but higher than in Taiwan. National Productivity Board records
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    • 122 2 VIEWERS who watched productivity skits on television did not all understand the underlying ""a"contest to gauge viewers' of the theme of each episode drew 4425 entries. Of these, 2,592 were correct. The contest, organised by the National Productivity Board, was held in conjunction with the drama
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    • 178 2 THE NATIONAL ADVISORY Committee set up by the Ministry of Health last month will establish national goals and policies on food and nutrition and promote public awareness of nu-trition-related risk factors. Its other aims are to set appropriate, socially acceptable dietary guidelines for the
      178 words
    • 141 2 MR THOMAS CHONG has been elected the president of the year-did MBA Alumni of the National University of Singapore. Members of the alumni are holders of the Masters of Business Administration conferred by the NUS. The other office bearers elected at the alumni's first
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    • 273 2 SINGAPORE AIRLINES is conquering the world, or almost all of it It is starting two new services this month one to New Zealand and another, a circular route, to India and Bangladesh. On Oct 7, an SIA 8747 will leave on its inaugural
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    • 639 2  -  Imm By BOEY KIT YIN ANOTHER CALL has been made to local supporting industries to focus their energies on developing skills in certain specialised products or processes rather than spread their limited resources over every and any product. This time the call comes from
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    • 810 2  -  HOTa-pjfW-NEW WORLD INQUIRY IMF By LUCY HG A VIGOROUS DEBATE was waged yesterday between Commissioner Proftmar Lee Seng lip and an expert over how much Hotel New World could have sunk. "130 mm to 150 mm," according to Dr S Buttling, senior
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    • 482 3  -  #y LEE HAN BHIH MORE TOURISTS have been coming to Singapore, but the takings of hotels and restaurants plunged by $45 million in the first seven months of this year. Lion dances, culture shows, trishaw rides and the perennial ghwtnw> Sttnc may all
      482 words
    • Article, Illustration
      298 3 THREE NEW products have been introduced by Digital Equipment Corporation the PC ALL-IN-1, the VAX/VMS and the VAXmate. The PC ALL-IN-1 is a MicroVAX llbased system which allows up to 30 previously isolated personal computers to be part of an integrated office system. The PC ALL-IN-1 is specifically
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    • 371 3  -  By LISA LEE AS THE LAST of some 4,500 travel agents from around the world leave Singapore after the America Society of Travel Agents (Asta) conference, about 800 medical experts will converge here next week for their conferences. Instead of talk about
      371 words
    • 267 3 THE DRIVE to get more people to donate their kidneys has led to a slight improvement in the number of donor kidney transplants from one last year to five this year. But this is still far short of the 100 donor kidneys needed
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    • 404 3 RAFFLES CITY is spending POO,000 to $300,000 on a big bash to commemorate its official opening tomorrow. More than 700 guests will be attending the gala event, not the least of whom would be Mr Goh Chok Tong, First Deputy Prime Minister, and
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  • Page 2 Advertisements
    • 217 2 !> II I LI P S A I) I) s To I I R M I I N I O N W DIM! \1 A A I S I O N S M I: I *-,x fgjg AxkI because weVe left nothing to chance, you're left with nothing to worry
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    • 41 2 NATIONAL UNIVERSITY OF SINGAPORE Professor Michael A K Halliday Lee Kuan Yew Distinguished Visitor lectures on Language* education and science: future needs "4 X ?>> v Today, Thunday, 2 October 1986 Tine: 5 JO pa ADMISSION FREE P ALL WELCOME 7722SOS, *****22,7722S1S
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  • Page 3 Advertisements
    • 101 3 Daily to New Yak. Now United has an even better flight schedule across the Pacific to New York. You can fly United's Friendly Skies to New York any day of the week, via Hong Kong and Tokyo or San Francisco. And when you're ready to move on, we can fly
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  • ASIA-PACIFIC
    • 346 4 UPI ON THE EVE of the 37th anniversary of China's communist takeover, Premier Zhao Ziyang said oa Tuesday the nation would "unswervingly" pursue its policy of opening to foreign investors and would try to improve its business climate. "Adherence to reform, to the open
      UPI  -  346 words
    • 89 4 UPI CHINA'S -leading economic Journal has said that it will publish excerpts from the autobiography of Lee lacocca, one of America's foremost capitalists. The official Economic Daily said on Tuesday that lacocca, the US businessman who saved the giant Chrysler Corp from bankruptcy, is "a
      UPI  -  89 words
    • 260 4 SRI LANKA's Finance Minister Ronnie De Mel has asked the government for immediate approval of a three-year "economic reform package" without which he cannot hope to negotiate a &5 billion rupee loan from the International Monetary Fund and the World Bank. Mr
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    • 224 4 Reuter INDONESIAN business leaders have called for a major cut in government red tape to boost trade and investment badly hit by the slump in oil prices. Siswono Husodo, vice-chair-man of the influential Chamber of Commerce and Industry, told a meeting on Tuesday
      Reuter  -  224 words
    • 116 4 UPI THAILAND'S Foreign Minister has proposed setting up an "early warning system" to help the UN Security Council take action before a crisis becomes nmimpahl* Air Chief Marshall Siddhi Savetsila said on Tuesday that Thailand was in a "unique positten" to boost
      UPI  -  116 words
    • 568 4 Renter CHINA'S one billion people own a quarter of the world's bicycles and demand for top brands is so great that the government has raised prices for the first time in 20 years. The price increases are an attempt to let market forces, rather than
      Renter  -  568 words
    • 330 4 Reuter US OFFICIALS said they would continue to press South Korea and Taiwan to ease trade restrictions on American goods. Deputy assistant secretary of state Ralph Johnson and deputy assistant commerce secretary Mel Searls told a Senate Foreign Relations Committee hearing
      Reuter  -  330 words
    • 259 4 AP SOUTH KOREA'S growing economic power could spawn dramatic changes in East Asia, including closer relations with the Soviet Union and China, the South Korean ambassador to Washington said. Rival North Korea, facing the prospect of international isolation and a
      AP  -  259 words
    • 220 4 AP A LAWYER (or the Philippines has accused Swiss hanks of obstructing his government's efforts to recoup hUbons of dollars that deposed president Ferdinand Marcos allegedly stashed in Switzerland. Sergio Salvtoni said on Tuesday that he and two other Swiss lawyers hired by the
      AP  -  220 words
    • 764 4 1 V|W«IWI ARRIVALS itnici l From 1 SIA LUFT I UA 1 MAS 1 MAS 1 MAS 1 SIA AC < >0117 11/ np JwO JA8Q5 WH681 *H811 SAH671 >0103 AC858 time 0005 0010 0010 0620 0910 0920 0950 0950 KUL FRA/DXB JFK/SFO/KG KUL PEN KUL KUL
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  • Page 4 Advertisements
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    • 166 4 T—v >|~| "V T The business person's choice, IJI /I L£ /\V every Tuesday, Thursday, Saturday I II I I AtAI and Sunday. Leaving Changi Airport I V jJLJL jLL at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR
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  • REST OF THE WORLD
    • 427 5 NYT INDICATING that the economy faces at least several more months of weak growth, the US government has reported that its index of leading economic indicators fell 0.2 per cent in August "This is still a disappointing number," said Robert Ortner, the
      NYT  -  427 words
    • 261 5 Reuter THE RESCUE PACKAGE for Mexico agreed to in principle in Washington could run into domestic political roadblocks and has renewed fears of inflation, according to independent economists. The emergency loan package was announced by Citibank, the leader of a bank advisory group
      Reuter  -  261 words
    • 372 5 UPI MEXICO and mmmgrrlal haiilw reached agreement in principle on Tuesday on an almost US$6O billion restructuring package that include» US$B billion in new loam. William Rhodes, the Citibank executive who heads the 13-bank committee, said the package was "subject
      UPI  -  372 words
    • 127 5 UPI BRAZIL plans to build the world's largest hydroelectric generator at a facility that will Qood 7,000 sq km of Amazon forest by the end of the century. Miguel Nunes, the president of Electronorte, a federally owned power utility, said on Tuesday that construction of the
      UPI  -  127 words
    • 549 5 President vows to do all he can to halt fiscal 'death march' AP US PRESIDENT Ronald Reagan urged world financial leaders on Tuesday to take more "practical steps" to stimulate the global economy, and joined with officials of two international lending agencies
      AP  -  549 words
    • 173 5 UPI CONSTRUCTION on a multi-btittoo-dollar rapid transit system for Los Angeles, where America's love affair with the car bloomed its fullest, has begun after a decade of roadblocks and bitter political battles. "This is a day of celebration and Joy," Mayor
      UPI  -  173 words
    • 396 5 Reuter NORTH AMERICAN enthuriitni (or consumer credit is catching on in Western Europe, with the British showing the greatest sest for running up personal debt Throughout Western Europe, more people are tending to borrow rather than pay cnsh. Italy, for instance, a bastion
      Reuter  -  396 words
    • 217 5 AP MALAYSIAN Finance Minister Daim Zainuddin said Third World countries would (ace a bleaker economic future if industrial nations failed to strengthen growth and trade. "The world economy continues to be plagued by mounting problems," Mr Daim told the annual
      AP  -  217 words
  • Page 5 Advertisements
    • 77 5 ~^7T1 Choose from wW Kampachi s exquisite KAMPAcfff Japanese Set Lunches Japanese Restaurant jfa fofty prices and unfamiliar assortment of}apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of \apanese lunches. Priced at only 16+ per set, they
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    • 76 5 "II Al I<Jl lul /J/ C 111 hccn friend. A IrSlukc^pcju.' ()i a :o,,cji\ Sir Uj n lul prji/ !*> the <jf ak lufnaHJiir.' "U In/, nail j h<jir<Ai c a knda hi j <. YX Jf i'SO'f) ft: Y 2m m The taste is sheer poetry WHYTE MACKAY 21
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  • Page 5 Miscellaneous

  • BANKING AND FINANCE
    • 404 6  -  By AMY BALAN OPENING UP an advisory service for companies planning to invest in r!hiw> proved lucrative for Hongkongßank. So far, more than 250 investment projects worth billions of dollars have passed through the bank since it set up its first China Desk
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    • 96 6 AFP FRANCE would ease its exchange controls "within the next few weeks", when residents in France would be able to hold foreign currency accounts, Finance Minister Edouard Balladur said on Tuesday. But banks would not be allowed to lend francs to non-resi-dents at this stage,
      AFP  -  96 words
    • 270 6 Reuter BRITAIN has shrugged off speculation that the pound sterling was about to become a full member of the European Monetary System (EMS) but left the door open on future membership. British Chancellor of the Exchequer Nigel Lawson told a press conference
      Reuter  -  270 words
    • 243 6 Reuter THE US General Accounting Office said the Federal Reserve should review its standards used to designate primary dealers in the government securities market, including auction participation. The GAO, the investigating agency of Congress, has done a survey of government securities dealers at the
      Reuter  -  243 words
    • Article, Illustration
      680 6 SINGAPORE: THE US dollar yesterday closed mixed against most major currencies after fluctuating within a narrow range on some short-covering and profit-taking, in a day of quiet trading, dealers said. They said most operators were reluctant to establish large positions due to uncertainty over the dollar's nearterm direction
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    • 343 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Dealers said most operators were sidelined due to lack of interest. News of a smaller than expected US$l3.3 billion trade deficit for August had little impact on the market as this was offset by
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    • 248 6 Interbank rate ts at 3pm yesterday: Local dollars to om wwt of fococQft afrroacy. BM om e *mo parity US dolor Staring pound Austrofcon dolor HZ dolor Looooon 00*0 r 2.1705 3 1374 1 3663 1.0613 1 5643 2.1715 3 1410 1.3691 1.0640 1.5661 2.8196 ***** 3.4286 3
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    • 57 6 THE OVERNIGHT rate on the Singapore interbank market closed at 2-1/2 per cent yesterday, down one point from Tuesday. The term rates fell 1/8 across the board. S$ Interbank rates at 7pm yesterday: Offer M Ov«rr»ghl 2 1/2 2 1/4 1-month 3 1/8 3 2-month 3 1/8 3
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    • 485 6 DECEMBER EinMIU yesterday gapped sharply higher at 94.01 in Simex oil bullish sentiment following weaker than expected economic figures and Mr Reagan's comment in IMF that interest rates should (all further. However, prices slipped off initially to a low of 93.96 on light prof-it-taking but renewed buying interests at
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    • 207 6 HONGKONG: GOLD yesterday closed SMtar in fairly active trading mainly op local profit taking, dealers said. It ended at U*****.50/425.25 an ounce, compared with New York's 425.55/426.05 close and the 42L75/***** finish here on Tuesday. On the local market gold rose HK$22 to end at HK53,928 a tael. The
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  • Page 6 Advertisements
    • 304 6 IF YOU VWUfTTO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every business day,
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  • WORLD BACKGROUND
    • 787 7 NYT THE REAGAN administration's notion that countries collaborate in managing their economies has run into difficulty in Washington. Instead, some diplomats are talking of reverting to the inflexible arrangements of the decades from World War n until the early *****. Countries then fixed
      NYT  -  787 words
    • 713 7 Reuter SPAIN's ruling Socialists, with two election victories and a US$5 billion trade surplus in hand, are showing they can get results with an incongruous Mend of right-wing monetarism and left-wing rhetoric. "The Socialists have given the economy a 190-degree turnabout," the Madrid
      Reuter  -  713 words
    • 528 7 NYT PICTURE THIS, if you can: the ballroom of the Sheraton Washington Hotel filled with 5,000 bankers and finance ministers from around the world sipping drinks and talking in a babble of tongues about G-3, G-5, G-7, G-10 (which is really G-ll), G-24,
      NYT  -  528 words
    • 519 7 AFP JAPAN'S Ministry of International Trade and Industry (Miti), better known for its promotion of Japanese goods and services in overseas markers, is encouraging a new export retired pensioners. Faced with disturbing growth in the ratio of the elderly in the population the proportion of
      AFP  -  519 words
  • Page 7 Advertisements
    • 138 7 Let's get you the Best Deal /r v I X w i ■I WmgZ ;m §*c^ k -j> wt**- i i VI Hundreds of listings available All locations and range of rentals Our strong market presence wiJi benefit tenants in securing the best terms laakTs*. Widest selection of quality properties
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  • FEATURES
    • 483 8 WHEN THE GREAT Scottish novelist Sir Walter Scott summed up the "fiery vehemence of youth" as "the will to do, the soul to dare," there were nine years to go before Stamford Raffles would set foot on Singapore. And, despite the constant
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    • 1550 8 New Zealand introduced a comprehensive value-added tax yesterday aimed at the retail level. Indonesia, on the other hand, which implemented value-added tax in 1985 as part of the country's tax reform programme, is imposing the tax at only the manufacturers' level. Economics
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    • 399 8  -  Letter to the Editor Derrick Tan Dear 9r, We refer to the press letter "Phone book distribution system needs review" by "Another Disappointed Investor" published in Business Times on Sep 1, 1986, in which the writer made some observations and suggestions on the phone
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  • Page 8 Advertisements
    • 87 8 LONDON AMSTERDAM FRANKFURT KUWAIT )HAHRAN <RACHI /IBAY MADRAS TRIVANDRUM TOKYO HONGKONG mRUCHIRAPALLI /T BANGKOK MALE vUALA LUMPUR m, NGAPORE On Air Lanka you can select from 68flights a week, to 23 destinations on the Wings of Paradise. Whichever flight you select youll experience the gentle warmth of those that serve
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  • Page 8 Miscellaneous
    • 653 8 CRYPTIC PUZZLE ACROSS 1 An event we don't fuly discuss (6) 7 Where, in the country, Li's wrong to hide out (8) 8 See a poem in secret writing (4) 10 CoJm as a Lake (6) 11 Rule of a Sne (6) 14 The Smit for a Trot? (3) 16
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  • SPORTS
    • 230 9 AP GREG NORMAN of Australia, the world's No. 1 golfer, and veteran American star Jack Nicklaus were given the chance to meet in the semi-finals when the draw was made on Tuesday (or the first round of the Suntory World Matchplay Championship
      AP  -  230 words
    • 629 9 CHINA'S Wang Xiutlng won the women's 10,000 m run by half a minute yesterday, bringing China to a record-tying total of 77 gold medals with (bur days still left in the Asian Games. In the heated race for second position among Asia's sports
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    • 689 9  -  By JEFFREY TBANQ THE SIX-MEMBER Singapore team for the World Water Ski Union Group m competition at Bali leaves this week with little hope of improving on its performance two years ago. For one, the team will have to compete sans Paul Fong, one
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    • 463 9  -  ■y WALTON MORAIS AS DEFENDING champion Lim Kian Tiong faltered, Malaysian veteran Zainal Abidin Yusof grabbed the opening round lead in the M 530,000 Desaru Open golf championship at Johor yesterday. Zainal carded a three-under-par 68 for a one-stroke lead from Thailand's Archin
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  • Page 9 Advertisements
    • 165 9 T P 1 BUSINESSMAN OF THE YEAR AWARD AND enterprise award Jointly organised by Business Times and DHL International (S) Pte Ltd What do you think are the social responsibilities of companies f What do they have to do to be considered as good corporate citizens f We want your
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  • Page 9 Miscellaneous
    • 1138 9 TO (MD SMDQ® THURSDAY FEATURE BPECIAL KLSOpm, Channel 8 i r i A .7 IJS* > A sci-fi Romeo and Juliet story, with Juliet being a beautiful young woman named Mary from an alien planet, and Romeo an all-American boy called Joey. Mary, after landing on earth, is pursued by
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  • INTERNATIONAL STOCKS
    • 274 10 Reuter THE US Justice Departapnt has added Liberty Bcoksrage Inc to its Ust of major US government bead brokers and primary bohd dealers under Investigation for anti-trust activities, said Thomas Wendell, the president of Liberty. Mr Wendell said on Tuesday: "We just received notification
      Reuter  -  274 words
    • 225 10 Reuter T IE Amsterdam Stock Exd inge plans to introduce a v index which will give a tx iter assessment of the si rt-term performance of a company's shares, Ams( irdam bourse chairman B ran Boudewijn Van Ittera n has said. The
      Reuter  -  225 words
    • 294 10 Reuter PRICES CLOSED higher in moderate trading on the New York Stock Exchange on Tuesday. The Dow Jones Industrial Average gained 12.38 to 1,767.58. The New York Stock Exchange Composite Index rose 0.83 to 133.44. The price of an average share increased 22 cents.
      Reuter  -  294 words
    • 141 10 SIf so a 1 imp Oi a A 45* 1 hco 18* Abitfei 23* 1 40* 43* 1 ki tnM 18* Algomo SM 13* 1 Karr Addfcon 16* unch Kl.in 15* i*Kh Bonk Of MonMd 32* 1 LoWow Co II* inch 37* Mcnri Bkf 36* Bp Raawww 34 4-1
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    • 222 10 XP M MOUSTWALS Tnat Bk Un Staal WooMru 137 65 1425 -7 inch inch A Alpho 1100 ft MMNGS 275 •5 A«d 1425 inch AngkM 6450 -25 Amaprop AAVC 455 15 Angvod *****5 250 2350 -50 Poftowt 70*> -25 BuHafc 9500 -150 C G SmMh CNA 3000 785 inch
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    • 703 10 scr US$ Frntont Tre Ruor Cp 24* 12* 4-* unch Nod Dm Cham 40* 7* tnch -71* AJc on Aiumn 31* FMC Cp 16* unch NCR Corp 47* 41 Alcoa 37 53 59* 41* Ah« hd AWd S>« AM Store* ABt-Chabner* Am Brandt he 19* unch f r
      703 words
    • 679 10 Amsterdam itf so ffc ASH 547.00 12 Aagon 92.00 -0.2 9300 4-0.7 Akzo 145 00 3 132.00 -0.2 AMEV 74.70 07 Ann Bank 94 90 23 Am S*ad 114.00 .11 Barfcal 38 50 inch Bah 157 B0 0.8 Bonumi Buahmtan Teftan 119 JO ♦u ode 204.00 28 Cflfca
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    • 97 10 Reuter REDLAND PLC has provisionally agreed with Flintkote Co, a subsidiary of Imasco Ltd of Canada, to buy its Genstar Stone operation for £220 mUM— It would mainly fund the deal through a one- far four rights issue of up to 5&81 million new Redland
      Reuter  -  97 words
  • Page 10 Advertisements
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    • 109 10 Many rare varieties to be found at Cafe de Prince between midday and 10.30 pm September 29 to October 19. Dishes exoticus start at $5.50. C*edePrinoe (All price* subject to 10% Service Charge and 3% Government Tax.) 270 Orchard Road. Singapore 0923. Tel: *****11 llwwd W rrma J—L •WulOfß. C
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  • ASIAN STOCKS
    • 296 11 HONGKONG: Share prices closed sharply higher in heavy trading yesterday as overseas institutions continued buying. The Hang Seng Index rose 21.80 to close at 2,090.24, a record high for the sixth consecutive session. The Hong Kong Index climbed 13.06 to 1,316.27. Turnover was HK3633.01 million. HK Bank remained the
      296 words
    • 243 11 OCT 01 Al Smear* Mm Alio Cement MT 1 52 24.40 0.62 0.4 Kuochon Dav Lea Chang Yuan Cham Indus Lien Hwo Mm 20 40 3090 1190 -04 -0.6 -0 15 Coihoy Com 32 60 unch -0 1 Chang hfcvo Bank Chang Loong 38 40 26.50 unch -0.1 Pacific
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    • 424 11 TOKYO: Share prices dropped sharply yesterday because of worries that prices of Japanese stocks and bonds have climbed too high, brokers said. The market average closed 288.47 down at 17,564.39. Turnover was a heavy 1.6 billion shares. Communications, pharmaceuticals, real estates, life insurers and securities companies led the declines.
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    • 77 11 OCT 01 fail Oriantai B Phi Ovanaa* PMax B 0019 0021 039 •0.001 inch Phi Ap«x Mining B ***** 0019 IO ***** -0001 .1 8 248 75 0.011 19 50 -12 -2 -0001 inch Boguio Gotd Bone Ptt[i:il«i m Banguat Con. B 0.0012 -o.oioe 0.0075 unch 120 -4 PLOT
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    • 461 11 BYDNEY: Australian share markets yesterday extended their midsession rally to close firm in moderate trading with most leading issues closing near their highs for the day, brokers said. Interest again focussed on Wool worths with more than 4.8 million shares traded. At the close of trading, the All Ordinaries
      461 words
    • 164 11 Reuter BANGKOK: The Securities Exchange of Bangkok Index moved up 0.47 to 162.84. Turnover amounted to 562,933 shares valued at 96.1 million baht. Reuter S«oul market was closed for armed forces day. OCT 01 Ao Kham Thai Ajio Rbr« i Saam CwH Sam OfcTi San OMmw Lm*g Ston Qry
      Reuter  -  164 words
    • 138 11 AP SUMITOMO BANK Ltd yesterday became Japan's second largest commercial bank after a merger with Heiwa Sogo Bank. The merger followed an agreement between top officials of Sumitomo Bnnk and Heiwa in February, unocT wrucn wuuifl rescue Heiwa fh» 1» Milk» yen (US>LI bflhoa) in
      AP  -  138 words
    • 291 11 Reuter THAILAND'S once-sleepy stock market has been unusually buoyant lately and is expected to remain so over the next few weeks, brokers and market analysts say. Thai and foreign investors, shrugging off dizzying falls on Wall Street and at other
      Reuter  -  291 words
    • 173 11 AP FOREIGN CIGARETTE maaotactunrs have almost M qoudscq umr bulit oi 010 fourth largest market is the world since Japan Überalloed it a year and a half ago. But the share is still leas than 4 per cent and the market, foreign companies say,
      AP  -  173 words
  • Page 11 Advertisements
    • 530 11 Day Night The Price is Right tri, M TPADEP VK'S !:■< Like !<>"k: THURSDAY Lunch $15++ Crnn al tomato or Mixad Gtmh Salad Swaat A Sour Rah m Fufi Beef Banana Fritter* Caftaa or 1m Dinner $23.75++ Mixad Grata SM wttt Jawan Drtssin| ar later Vlrt Own San* Bay ScaHopc
      530 words
    • 121 11 2 TOP BANDS nightly Baybetts HOT DISCO COUNTRY SENTIMENTAL POP ROCK* and you name itH Singapore's very own Slim Whitman with country favourites and 5P 1 U flippy rKKIfS 12 noon 7pm Buy one get one premium Eat all that you want I Delicious, amazing variety of DianXin ONLY $9.90*
      121 words

  • RAW MATERIALS
    • 178 12 AP MALAYSIA'S current oil reserves will last for at least another 17 years at the current rate of production of 500,000 barrels a day, an oil official has said. Malaysia's gas reserves weald last for 78 years at the current rate of
      AP  -  178 words
    • 246 12 Reuter SINGAPORE THE MARKET yesterday closed easier with November One RSS buyers quoted at 188.00 cents per kilo, down 3.50 cents from Tuesday. The morning session lost 1.25 cents on lack of follow through buying and some long liquidation in quiet trading. Prices weakened further in active but nervous
      Reuter  -  246 words
    • 212 12 crude palm oil prices yesterday closed higher on covering in line with firmness in palm oil futures, dealers said. The abolition of export duty on crude palm oil and reduction of that on processed palm oil also aided sentiment, they added. However, trading was thin as operators were
      212 words
    • 107 12 OIL PRODUCTS THE FAR EAST crude oil market was quiet. Unofficial Tnrtwifslpn crude selling prices were reported to be UStU.OO/banel (Mints), $H.OO/barrel (Aran condensate), $12.60/ barrel (Chita), $10.80/ barrel (Duri), $12.10/ barrel (Waltto). The petroleum products market was noisy but largely inactive with naphtha $I—s2/tonne firmer on Japanese demand and
      107 words
    • 141 12 wninMt rroo Exchange item Robutta 20/25% FOB NSW 605 00 Stltrl' MM dOMM 1 Oct 1 (SV100 kg) Coconut oil Bufc FOB Old drum FOB Now drum FOB them m 40.00 53.00 57.00 Nutmeg 110 FOB NSW BWP FOB NSW Gambier FOB NSW 1405.00 1289.00 330 00 Copra
      141 words
    • 219 12 Reuter WHEAT FUTURES on Tuesday fell at the close and finished 2-1/2 US cents to 4-1/4 cents a bushel lower on the Chicago Board of Trade. Commission house selling late pared early gains and pushed prices below unchanged, offsetting early support from Monday's bullishly construed USDA grain stocks and
      Reuter  -  219 words
    • 82 12 Reuter THE PRICE rf tte ea the Kula Lampar Tbi Market jmĔmĕta fins* ed hv rate la ekae at MH4J7 per tile ea keytag latere*. After epealag aaekaaged, tke Market picked aa mtelb as tke lew Wet attracted reaewed eeveriag deHewerer,^tferligg relaetaaee ef mlaeri te dbpeee at this
      Reuter  -  82 words
    • 67 12 Bangkok (USVtMM. FOB) Whit* Rice 100% 1st dot» 255 100% 2nd doss 220 100% 3rd doss 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A -1 Super 128 A-l Sp«oal 125 C-l Special unq C-l Ord unq Loonzoin Rice 100% 1st grode
      67 words
    • 876 12 Reuter COFFEE ROBUSTA futures closed between £85 and £116 a tonne below Monday's close on technical liquidation and New York's weakness, dealers said. They said the market was dominated by fund and computer selling, with the triggering of sell stops at around the £2,360 support level quickly pushing
      Reuter  -  876 words
    • 276 12 RAS prices m S c«rti/k«. FOB m W ■Ut NOON close Irrt I RSS Prompt 191.50 192.50N 188 00 189.00N Ir* 1 RSS Nov 86 191 50 192.00 188.00 189.00 Int 1 RSS Doc 86 191.75 192.25 188.50 189.50 Ir* 2 RSS OP 184 00 186.00N 181.50
      276 words
    • 81 12 (caata/fcf, l-M* p NOV 16 DEC 86 (currw it momHi) (forwri i month) NOON NOON RAS B«y«r* StlM •■pan SdM SSR 20 172.00 I74.00N 173.00 175.00N SSR 50 169 00 171 00N 170.00 172.00N MRELB r<| Salan SMR CV 275.00 277.00N 276.00 278.00N SMR L 275.00 277.00N
      81 words
    • 203 12 Reuter SOYBEAN FUTURES on Tuesday fell near the close and finished 3-1/2 US cents to 2-1/4 cents a bushel lower on the Chicago Board of Trade. Traders said the late decline came in sympathy with a sell off in corn, even though continued wet weather is keeping fields too
      Reuter  -  203 words
  • Page 12 Advertisements
    • 1221 12 CHM The Directors ore pleased to announce the audited 1986 la. TURNOVER b. Investment and other income excluding Extraordinary Items 2a. Consolidated Operating Profit before Income Tax, Minority interest ond Extraordinary Items and after Interest on Borrowings, Depreciation and Amortisation (see notes (i) (ii) below) b. Income derived from Associated
      1,221 words

  • SHARE INFORMATION
    • 4029 13 SHARE PRICES on the Singapore stock market rose across a wide front in moderate trading yesterday as investors went on a bargain hunting spree for quality stocks. The Straits Times Industrial Index, up 7.96 points at midday, advanced 8.57 points to close at 812.83.
      4,029 words
    • 235 13 SINGAPORE 1 Rites Ind lew linniw 300 36 »TCi iiniii SmM 662 63 Oct i 692.77 i M CaMa* 376 26 rhicaNr It*************** 0 c c 795 25 •room 261 -MO M 1—kmg 380 470 22 20 •TCAM rrotv -6049 ***** •0791 dTs 800 15 STWmMi •04
      235 words
    • 3474 13 BID and offer prion offlrlally listed and business In and imported to the Stock Exchange of Singapore yesterday with the number of ahare* traded riwwn In brackets in lota of MOO units unless otliawiae pacified. AD Time Settlement Contract! are quoted after the word SETT'
      3,474 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 365 14 New processing facilities to be built PLANTATION GIANT Kuala Lumpur Kepong Is proposing to use the 1f582.04-million proceeds tram its special issue of shares to reduce its bank borrowings and build new facilities. As at September 15,1906, the group had outstanding unsecured bank overdrafts and
      365 words
    • 327 14 DR CHAN Chin Cheung has dismissed market talk that he is a front man for some individuals or companies in the proposed Ms24o-million Rosy Electric Industries shares deal. He quipped: "I feel complimented to hear that people speculate I'm the front man
      327 words
    • 391 14 THE Koala Lumpur stock market underwent a technical correction yesterday with prices rebounding after two days of sharp falls. 1 m A n ..I, M 1_ uiUIauOIUU STOCKS ID dustrials, wmim* ««h plantations were actively traded and many were moderately higher. Several blue chips
      391 words
    • 2175 14 BID aad after prices officially listed and bnefseee la aad imported to tte Kuala Lanpnr Stock Excbaa«« yesterday, with the number of shares traded shows la brackets la lots of I,—units ualess MDUSTRMLS ACM AiiaseMta (3049 AUhm« AlceM (5/8) (I) 57 AISB (638) (1)63.5 (2)
      2,175 words
    • 527 14 THE CHAIRMAN of Public Bank, Tan Sri Teh Hong Piow, has said the bank's loan to the debt-laden Promet is "nowhere near IKIOO.OOO". However, he noted that under the Banking Secrecy Act, he could not provide the details. Industry sources put the
      527 words
    • 106 14 HONGKONG Hongkong Indox Wednesooy 1316.27 Tuesday 1303.21 WMk ogo 1266.12 Hong Song Indox Wednesday 2090 24* Tuesday 2068.44 WMk ago 2008 30 All Industrials Wednesday *****. Tuesday 1958.5 Week ogo 1930.6 NEW YOftK Dow Jonos Tuesday 1/67.56 Monday 1755.20 Week ogo 1797.81 TOKYO Nikkoi Avorogo Wednesday *****.39 Tuesday
      106 words
    • 146 14 CTJJWMAU. (Malmh) MM: Oth AGM at No Jalan Hang Lettu, Kuala Lumpur, today at Ufa. EPiOWe Mall BGM at President Room, StUnfor Club, Jalaa Raja, ***** Kuala Lumpur, MalayMa, tomorrow at 10am TKMEBLOB Bather EaMm MM: 72nd AGM at Standard Chartered Bank Chambers, Penang, tomorrow at noon. DUNLOP
      146 words
    • 249 14 Monogtn 1 prttOT (0 MARA-Bumiputra for Oct 2 First B'putro 4.81 4.86 llflklf TimiaI <Hny#pofs uvm i niii Tht Comrroc« 0.87 0 93 The Sovings Fund 0.79 0.85 S'pore Prog Fund 0.33 0.37* S'pore Sec Fund 0.58 0.63 S'pore hvM Fund 0.64 0.69 S'pore Equity Fund 0.43 0.47
      249 words
    • 527 15  -  By CHAN OI CHEE PROPERTY- and finance-based Mm TJm Investments (SLI) has confirmed that it is raising about $30 million through a two-for-three rights issue along with the announcement of a nasty set of 1966 results yesterday. For the first time, the group
      527 words
    • 370 15 MALAYSIAN-BASED Peak Hua Industries is m,>Hn g a fresh attempt to diversify into the finance sector with its latest proposed acquisition of a 30 per cent stake in an insurance company for M 532.2 million. It is acquiring 6,000
      370 words
    • 209 15 YEO HIAP SENG Enterprises Ltd has resumed selling its soft drinks in paper cartons in Hongkong, more than a week after the products were removed from the shelves of supermarkets and retail outlets in the colony, according to the company's deputy general
      209 words
    • 72 15 SIM LDf Investments is acquiring a 40 per cent stake, or 100,000 shares of H each, in Metropolitan Publishing (S) Pte Ltd, for 15,000 cash through whol-ly-owned subsidiary Progressive Building Services. Metropolitan Publishing, with an authorised and paid-up capital of $L million and $250,002 respectively, is engaged in
      72 words
    • 849 15 SHARE PRICES opened firm continuing Tuesday's higher trend but early business was moderate. Dealers said that Tuesday's recovery in sterling following the UK authorities' efforts to contain upward pressures on interest rates prompted fresh demand. At 0838 GMT, the FTSE 100 Share Index showed a gain of 8.8
      849 words
    • 247 15  -  By NAJEEB JARHOM MARKET RUMOUR victim Federal Cables, Wires A Metal Manufacturing Bhd found favour with bargain hunters and punters when it resumed trading yesterday after a four-session suspension. The counter rose seven cents to 42 cents on turnover of 639,000 units, making it
      247 words
    • LATEST RESULTS
      • 74 15 Group profit after tax and minorities of Mfß.flß million ($17.48 million) on turnover of $246.76 million ($241.31 million) for the year ended June 30,1966, giving EPS of 12 cents (13.1 cents). A Htu i dividend of 9 cents less tax will be paid on Dec 18
        74 words
      • 53 15 Group after tax loss of M 52.01 million (loss of $51,000) on turnover $14.97 million ($17.55 million) for the six months to end-June, 1986. TDM blames high interest charges and lower crude palm oil prices and losses incurred by TD Leasing Sdn Bhd for the poor results. No
        53 words
    • 640 15  -  By AMY CHEOK TRANSMARCO LTD, the listed subsidiary of Metro Holdings, is restructuring two of its most profitable agency lines the Cartier and Plaget agencies and in the process reaping about $4.6 million from the two deals. Transmarco has decided to hive off 55 per
      640 words
    • 538 15  -  By HOMER CHEN STOCKBROKER Lin Tah Hwa's application to have his trial heard in the High Court was turned down yesterday by a High Court Judge. Mr Lin is not going to appeal against the decision but will seek a
      538 words
  • Page 14 Advertisements
    • 503 14 INCHCAPE BERHAD (Incorporated in Singapore) The Directors announce the unaudited results for the Group and for the Company for the half year to 30th June 1986. GROUP COMPANY m m m m Turnover 221.298 336.517 -34 Operating profitless) 9,048 (3,686) (319) (126) -153 Share of profits less losses of associated
      503 words
    • 162 14 U.S. MARKET ACCESS/ DISTRIBUTION DEVELOPMENT BANKING SPECIALIST A Development Finance institution substantially owned by the Government of Malaysia seeks a suitably qualified person for the position Of DEVELOPMENT BANKING SPECIALIST at its headoffice in Kuala Lumpur. Malaysia. The successful candidate win be primarily responsible in reviewing all aspects of the
      162 words

  • Page 15 Advertisements
    • 211 15 NOTICES EVERFINE ACCESSORIES PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY NOTICE IS HEREBY GIVEN THAT pursuant to Section 306 of the CompaniM Act (Cap. 185) that tha Final Ganaral Maating of tha Members of tha above named Company will ba held at tha offica of M/s L.C. Loong Si Co.,
      211 words
    • 215 15 x REALUCK INVESTMENTS ft ENTERPRISES (PRIVATE) LIMITED (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act (Cap. 185) that the Final General Meeting of the Members of the above named Company will be held at the office of M/s L.C.
      215 words
    • 213 15 TTT INTERNATIONAL (SINGAPORE) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN THAT pursuant to Section 308 of the Companies Act (Cap. 185) that tha Final General Meeting of the Members of the above named Company will be held at the office of M/s L.C. Loong ft
      213 words
    • 177 15 (Pimait to Secttoa SN(1)) NOTICE IS HEREBY GIVEN In pursuance to Section 308 (1) of the Companies Act, Cap. 185, that a general meeting of the above named company and of its creditors will be held at 9 Penang Road #12-00, Supreme House, Singapore 0923 on 4 November 1986 at
      177 words
    • 147 15 OFFICIAL NOTICE PKOPOSAL TO CHANGE A SHIP'S NAME NOTICE IS HEREBY given that a consequence of the intended change of the name of a ship by our clients, Astranor Shipping Pte Ltd of 70 Shenton Way #19-03, Marina House, Singapore 0207, we have applied to the Registrar of Singapore Ships
      147 words
    • 172 15 APPOINTMENT SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism.
      172 words

  • 431 16  -  By AMY BALAN US TREASURY bond futures, the most actively traded futures contract in the US and Europe, will make their appearance at the Singapore International Monetary Exchange next Wednesday. This is the first time that a futures contract based on US government securities will
    431 words
  • 514 16 INTERNATIONAL BANKERS have downgraded Singapore's creditworthiness for the fifth consecutive time, although the Republic has little need for foreign borrowing and has no plans to tap the capital markets of the world. The New York-based financial monthly, Institutional Investor, now ranks Singapore 16th on
    514 words
  • 71 16 Reuter A STUDENT OF economics at the University of Amsterdam has Mt on a novel way of beating swingeing government cuts in student grants. He has issued 10,000 guilders (U554,400) worth of bonds. Nlcolaas HeiJ, 27, said that he was unable to live on the new study
    Reuter  -  71 words
  • 208 16 Reuter THAILAND'S real gross domestic product should grow between 5 and 5 .3 per cent in 1987, Prime Minister Prem Tinsulanonda said yesterday. This year's GDP growth rate was estimated at 13 per cent. Mr Prem told Parliament the economy would expand next
    Reuter  -  208 words
  • 116 16 AFP THE PHILIPPINES is targeting an average 6.4 per cent groas national product growth and an average 9.8 per cent growth in imports between 1987 and 1982. The National Economic Development Agency has targeted 8.4 per cent average GNP growth, 6.3
    AFP  -  116 words
  • 203 16 AP AMERICAN JOURNALIST John Berthelsen left Kuala Lumpur for Singapore yesterday after failing to get the High Court to rescind an expulsion order from the Home Affairs ministry. "I am disappointed with the government's actions," aid Mr Berthelsen, a correspondent for the Asian Wall Strict
    AP  -  203 words
  • 392 16 Reuter THE INDONESIAN financial community is still Jittery nearly three weeks after the rupiah devaluation, with bankers reporting continuing capital outflows amidst speculation that the government would impose exchange controls. Hie government devalued the rupiah by 31 per cent against the US
    Reuter  -  392 words
  • 337 16  -  By LEE HAM SHIH CONTRACTORS clinched some $187 2 million worth of building contracts in August, of which about 00 per cent came from the Housing and Development Board. The other 40 per cent, or $73.5 million, was distributed among the private
    337 words
  • 193 16 CHANGI AIRPORT has once again been voted the second best airport in the world by readers of the London-based msgsitne Ihisinw Traveller. iVkiA a ALIMI rais tne tniru cwwcmvi year that Changi has been so ranked in the mags line's annual survey, which this
    193 words
  • 83 16 Reuter COMEX gold futures hovered unchanged on small two-way dealings early yesterday, ahead of US Treasury Secretary James Baker's speech to the International Monetary Fund. Gold for delivery in December stood at Tuesday's close of U*****.80 after locking into a range of USS43OJO/USMttJO in the first
    Reuter  -  83 words
  • 60 16 Reuter WALL STREET pushed higher in moderate trading early yesterday, continuing the rally of the previous session. The airline group moved up sharply for the second day and computer issues were mostly higher. The Dow Jones Industrial Average gained five points to 1773. Advances led declines by
    Reuter  -  60 words
  • LATE FILE
    • 52 16 Reuter FOREIGN investors said Malaysia's new investment rules had made it a top wintry in Southeast Asis for attracting funds. TWgtmotw of the Japanese of Trade and Indus! ij in lislaysts said that it was now one of the bsst nations in the region for incentives
      Reuter  -  52 words
    • 31 16 Reuter TAIWAN'S Gross National Product is eipwled to grow BJB per cent this year after growing 5.88 per cent last year, the Statistics Department said. Renter
      Reuter  -  31 words
    • 55 16 Reuter THE SLUMP In world oU prices kept florist trade with the West in the red for the first Mx months of 1888, with suns Is and imports fulling in volume. The Soviet Union had a US$3.3 billion trnde oeocn wiui IHB wen
      Reuter  -  55 words
    • 38 16 Reuter BRITISH Prim* Minister Margaret Thatcher yesterday appointed Marmadnke Hneeey, a director of Tints newspapers, to head the n HI m flu i .I tsrmm pfuiiKriwing uorporattML y appointment wm hi the Oonaervattvt Paity.
      Reuter  -  38 words
    • 35 16 Reuter INDONESIA'* Chamber of fViwww sad Industry, Kadin, will send a delegation to Taiwan, Japaa and South Korea at the end of this month to boost investment and trade. Renter
      Reuter  -  35 words
    • 43 16 UPI PRESIDENT SUHARTO led a ceremony yesterday to mark the military's defeat of a communist coup SI years ago. The Proskhiil presided over a memorial service (or six army generals and a Junior officer who were killed. UPI
      UPI  -  43 words
    • 26 16 Reuter INDIA will stop importing Mi p r lor (our yctn tnimxliately became domestic production and stocks wffl meet dnnisl Renter
      Reuter  -  26 words
    • 34 16 Bernama AUSTRALIA reiterated yesterday that the decision to bufld an earth satellite station in Vietnam, undertaken by a semi-autonomous body of the government, was based safely on commercial considerations. Dernama
      Bernama  -  34 words
  • Page 16 Advertisements
    • 316 16 Computer Charting Service for Local Stock Market Analysis Jan the major brokerage firms, banks •Point A Figure Charts •Bar Charts® qh 2 25" 15 9 4/5 for a and diversified institutions in subscn- Overbought I Oversold Indicator® personalised hands-on demonstration btng to the most advanced Computer Moving Averages simple, weighted
      316 words
    • 117 16 cut in red tap*, Pag* Where can yon enjoy two meals for the price of one? nr. NEWE Incredible? But it's true! Each time you have lunch or dinner at Meisan. you stand the chance to win a FREE meal, valued at exactly the same amount as the previous one.
      117 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 299 17 MALAYSIA Shipyard and Engineering Sdn Bid may lose a contract to build two catamarans, worth Mf7 million, as a result of cost-savings measures for the proposed JohorSingapore ferry service. A Bernama report said the service would employ passen-ger-car ferries, like those in use
      299 words
    • 421 17  -  SCI celebrates Silver Jubilee By LINDA CHEE THE SHIPPING Corporation of India (SCI), which celebrates its Silver Jubilee this year, will set up a regional computer centre in Singapore to serve its operations in the Asia-Pacific region. To be named the Eastern
      421 words
    • 510 17 NYT A LONGSHOREMEN'S strike threatened to halt container ship operations at major east coast ports y6st6rdij« The dockworkert union, the International Longshoremen's Association, called the strike on Wednesday after (ailing to agree with shipping associations on a contract extension and on a variety
      NYT  -  510 words
    • PORT SIDES
      • 105 17 Reuter THE HUGE World War Two US battleship Missouri "Mighty Mo" steamed Into Sydney for a goodwill visit with police guarding it against antinuclear protesters who said it was carrying cruise missiles. Hundreds of people lined Sydney harbour to welcome the warship, almost the length of
        Reuter  -  105 words
    • 1402 18 ALTHOUGH the time-char-ter sector was moderately active, especially for redelivery in the Far East, very little other business was reported on Tuesday on the London shipping freights market. The grain sector was abnormally quiet with only the Lara S booked by Tradax lor 12,000 tons of pellets from
      1,402 words
    • 453 18 AFP SEVENTY-FOUR freighters of various nationalities, damaged by Iranian Ore at the start of the Iraqi-Iranian war, lie stranded and rusting in the Shatt al-Arab waterway in silent testimony to six years of conflict. The 204-km waterway, flowing into the northern Gulf where
      AFP  -  453 words
    • 253 18 Fairplay COCHIN SHIPYARD la India has been carrying out the M>« indigenous repairs of Indian- owned sinfic buoy (SBM) and has already saved the country a considerable amount of much*DMd6d "IsßMi are ofMwre facflfflw» on which large taahers are mooreo wniir (iiirnirpag cruor through
      Fairplay  -  253 words
    • 490 18 Lloyd's List WARTSILA, the Finnish shipbuilder, is penetrating the South Korean ship accommodation fabrication market with the help of local interest by setting up an assembly plant in Masan. Wartsila has been producing prefabricated cabins from its Piikkio factory in Finland for several years,
      Lloyd's List  -  490 words
    • 696 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Altrans VI 3 Anro Service IV 2/3 ANL I 1/2 APC Line V 4 APL «2/3 ASCL i 1 Bait-Canada Line VI 4/5 Bait-Orient Line VI 4/5 Bonk Line V 5 BBS I 4/5 Ben
      696 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 204 19 Reuter WORLD shipbuilding new orders (ell 29.6 per cent in first half 1986 compared with the same 1985 period, the Organisation for Economic Cooperation and Development said. Statistics by the OECD's Shipbuilding Working Party No 6, which groups 14 countries and the EC Commission,
      Reuter  -  204 words
    • 290 19 Reuter THE NORWEGIAN Shipowners' Association (NSA) called for parliamentary approval by January 1968 of a Norwegian-based international ship register aimed at reversing an exodus of domestic vessels to service under foreign flags. The register seeks to attract some 1,500 ships to Norway by offering
      Reuter  -  290 words
    • 122 19 AFP HONGKONG International Terminals Limited and a Japanese-Dutch joint venture has signed a US$75.B million contract for land reclamation for a new terminal at the Kwai Chung container port. Work on the reclamation of 29 hectares of land began yesterday and was expected to be completed
      AFP  -  122 words
    • 51 19 Reuter LLOYDS SHIPPING Intelligence Service reported the Chinese motor bulk carrier Liu Lin HmJ (38,406 tonnes dw,) has a fire in its No 5 hold at Lorient, on the French Atlantic coast. The Liu Lin Hal, from China bound for Merseyside, arrived at Lorient on Sep
      Reuter  -  51 words
    • 300 19 THE UNITED STATES Federal Maritime Commission, which is investigating possible illegal rebating in the US-Japan trades, has accused the Japan-Atlantic and Gulf Freight Conference of "excessive delays" in replying to an investigation. Lloyd's List reported that the FMC is threatening to take action, which
      300 words
    • 222 19 Reuter CHINESE Defence Minister Zhang Aiping has caught US officials offguard with an announcement that American warships will visit China this month. Mr Zhang told Japanese Journalists at a Chinese national day reception that two or three US warships would visit
      Reuter  -  222 words
    • 63 19 FINCANTIERI CNI Spa Shipyard of Italy is the first European «hipyard to receive an ABS certificate for quality ini —PS The certificate was granted after an engineer from the ABS Ship Engineering Division and surveyors from its Genoa office found that the yard
      63 words
    • 238 19 Australia Sop 22 Sydney Normal operation. Melbourne Normal operation. 22 Chalna 10 vessels operating; Chittagong 25 vessels operating. Douala Norma? operation. Vancouver *Ic*Waiting time of up to 1 ChHs tap 22 Valparaiso Normal operation; Talcahuano Normal operation. fulnmhls tap 22 Buenaventura Waiting time of up to 1 day.
      238 words
    • 172 19 Reuter THE FRENCH government, unions and shipbuilding management agreed to finance the reconversion of three bankrupt shipyards, the industry ministry said. A ministry statement said the government will provide the money to implement the plan to compensate laid-off workers, complete the building
      Reuter  -  172 words
    • 7762 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,762 words
    • 767 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrivol dote/time Operator Gdns for LCL corgo FCL movement schedule Location PV Tovstykh Chostme Ms E Genius Thames M Koto Mochan B Kemuning Kuo Lung Kris Lemona Swan Reefer B Seroja Zim E3ot E Oasis Estecfipper Prasetia Car
      767 words
    • 1706 25 Who acts for whom The leading shipping lines operating from local porta and their agente. A—• A Top Entorprwes Pte Ltd Same (S). At Shipping Bousteod Shpg Agencies Afoo Um Afncon Shpg Agencies <S) Akronkiel Una Kim Shpg (S) Alfred C Toepfer Oceonus Shipping Agencies (S) Multport Sdn Bhd (PK)
      1,706 words
    • 136 26 ArM/Port VtocoeHy err at 50C Denetty Q/ML el 15C Water Volume 0/0 Africa/Had 8m Jeddah Durban A,J< 125/185 129/187 0.947/0.982 0.978/0.990 0.1/2.9 0.0/0.4 AraOUHi uun Ros Tonura Bahrain 173/173 182/182 0.974/0.974 0.974/0.974 0.1/0.1 0.1/0.1 Europe Rotterdam Hamburg Le Havre Genoa 51/428 28/399 168/467 15/379 0.935/0.995 0.944/0.991
      136 words
    • 528 26 AT CONVENTIONAL WHARVES VmmI KEPPEL WHARVES Hong Woon Jan« Ann Ned Loir* Puma Roiah Brook* S'tnem Glory B'tong Belait Buflder 3 Kim Soon Li Koto Angkoso L PetoSng 2 Nosoc Express Posir Ponjong Gulf Dooud New Genstars Seng hfing Tung Ho 1 Wing Ko Aki Moru B
      528 words
  • Page 17 Advertisements
    • 504 17 h.miU'iN Concise Comprehensive Contemporary ■RMOWCWHOfIr HFEDBUUL ErT o. JRArIS ftXPRtSS SJRWICF gaHC iwf it, 2«2M4 OOK) 200 CwHwiat toPi#l246 Si.Miml 0200 Tel *****U 100 NO OS ***** TERMNM./CFS 3200 211 TO 220 000NNGS 3200 2M TO 235 PETMJK MW TEL *****M/*****75/71M702 Tata Hi. ****** POMS TEL *****4 TELEX K> MM0073
      504 words
    • 64 17 mm SEVENTY-FOUR freighters lie stranded in the Shaft 01-Arab waterway. Pig* II THE NORWEGIAN Shipowners' Association called for parliamentary opproval by January 1988 of a Norwegian-based international ship register aimed at reversing on exodus of domestic vessels to service under foreign flogs. Page 111 Index to odvertisers II Shipping schedules
      64 words
    • 383 17 MAERSK LINE I'll] 19 DAYS 19 DAYS 21 DAYS 21 DAYS 22 DAYS SMOAPOME/TUURY SMOAPORE/FEUXBTOWE MNQAPORg/SOUTHAMPTON J'VT 'J* 3k USA. EUROPE. MOOLE EAST. •CT (/II IS» MS OS i/NRMMS i tat I IVM M/M UIVM Ui 51VI# 117 17/1# uSTI ■/M Ml ii ii/n um i 7 7/11 Im J/1#
      383 words

  • Page 18 Advertisements
    • 330 18 Y.S. > t 7T 3 I I it'ifif" rm m tr T TAT IT 1 YAMASHITA-SHINNIHON LINE fv I I*J TRAHS-PACHC SERVICES Pacific North WMt Faadac at Kao IT77TI| imrrnmH Atlantic/Canada Faadar at Nagoya ounmiiigiiiiii iCfiWE!3?r!?jain7nMC%MiPnM| g7tT»PT» F7TB '>■ IMIBfT*™I 'iW| ■'i>B nriTM r.viß IMB inm rrrnß ftot VTTS I
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    • 320 18 EURSPC/FAR EAT CONVENTIONAL MRVICf PT of LOG. TEL: 03-*****60 MAIAVMA ton BMO. TLX: ***** MTM Frt Booking oonicl Mitt Qan KLANG S PORE LOO. FOR hsajw-Mbi-Te Further load/ discharging porta an route to aufflciant Inducemant. Stofaport tfent Goodrich MarTOma Pte Ltd. Tat: *****36 Tlx: R8 ***** QRMBM ;T7^r Supercarner Service
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  • Page 19 Advertisements
    • 668 19 ■w The Straits mmtm jmmlV lUf Steamship Group S STRAITS SHPWNG jhwiMiuii lu Jibali Sarawak. Bninai Ports and Bangkok are Ovarsaas Containars Limitad I-v.'/.ai.ii fi-. ii.7TW ,H. LMi 3 -ii■''>■l l 7Ai..'— Al- nam 54/15 M/ 14 12/11 14/11 a/1* 21/u s/m a/1* M/U M/U 11/11 13/U lt/u n/n 24/11
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    • 617 19 'ranco Belgian Services K ,nt ,*r I tor. r>l I trm pJSUMt unm rtm r*— mm r»iR m t M 7 Oct) 27 M aOd a Oct NMr ttfei Ml Ml IS Oct (1J Oct) 3Mm 4ln SMr Ihi thi 111 22 Oct (I* Od) It tot 11 Mr 12
      617 words

  • Page 20 Advertisements
    • 396 20 r. w wKmmm M Hapag-Lloyd 10 CONTINF NT UK EXPORTS Vl4 4/14 va 11/14 IVI4 a/14 n/1* k/i» a/u 4/U C/ll U/U IVU M/u a/u 21/u a/u 4/12 4/12 12/12 14/12 11/12 21/12 21/12 21/12 24/ It a/14 25/10 27/11 2/11 VII VU 11/11 IVU 17/11 2VU 27/11 2/12 4/12
      396 words
    • 464 20 FULLY CONTAINERISED SERV fROM tilROPf VIA SUFZ 9 ,hf Ac m am ommu cm m mmm arson m mil* CONTAINSRISID Id FROM NORIH «M(HOA AIM CIISSI CONVENTIONAL SERVICE TO IRAN PERSIAN GULF E GENERAL AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M (t LMM) SUB-AGENTS: Kuala Lumpur *****66/Panano Tat
      464 words
    • 327 20 ILL tiai Sun fiup Co (/'fW fEL 2204M06 (20 Lines) TLX RS ***** A RS 2067? I t I\sll K \KI IM K III) STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HFAVY LIFTS •lit cal 2/10 far discharge only. 2nd cal 7/10 tar badng. LMdnf at appropriated Berth P4-P5
      327 words
    • 676 20 o EVERGREEN full Corta ner Servee Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) mi 60*6/ no LMMB. no una no gum no govow no amy no UNOM mso tcarrmt am ift 1) WMMMU. OH I 7/lt 11/11 U/M 11/11 IS/II 11/10 21/1* ZVM ZVM 2VII a/11 M/ll 1/11 vu 7/u vu VII VU
      676 words

  • Page 21 Advertisements
    • 664 21 r w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0 106 Tel:?? ***** FAR EAST CONTAINER SERVICE at: r,rt T INDONESIA CONTAINER SERVICE SM JKT tm Port 4m saw rm o/m 11/* IS/1* 14/14 BANGKOK CONTAINER SFRVIC PASIR GUDANG CONTAINER SERVICE LOAOtMO FOR rtrtr rnrrr L\'lLX KOTA
      664 words
    • 525 21 BENZINE CONTAINERS caj ft MriSM MM 2/1* Fnrtftrt Cjpntt 4/11 Vl* Vl* Vl* It/It W|« bl U/l* 14/1* IVl* lt/1* 11/11 l«k]« ItT IVII 17/11 U/M a/1* a/1* Mm 17/1* lt/1* a/1* a/11 2Vl* 111/U IVII ohu m a/ii 27/u a/u a/ii 1/11 |a/u 23/11 VU VU VU 7/11 VU
      525 words
    • 290 21 DJASAGETRI A Joint Europe Service Of: P.T. BJMUMTA LLIYI P.T. 6ESURI LLOYD P.T. MMHEM INDONESIA P.T. TMKOM LLOYB 'EXPRESS SEMI CONTAINERSHIP SERVICE SINGAPORE TO EUROPE STO* MLBAO MOCK S-7/U I 1/12 J/12 24-21/10 1/12 1/12 lIMM/tIMN KMC U/U 14/12 I rrm hlmo unm/rom tMTMMT IliU lllt/lt »/ll 13/11 STOK BLUO
      290 words
    • 385 21 BOUSTEAD SHIPPING AGENCIES v* ■mm HUE STAR STOMP WPwWJC Us WRIw Ulw I Loadng tar Rangoon S'par* Plata* Paaa* >■#■ 1/11 Oct C/ 7 Oct W- Oataai) 11/12 Od S/llOd C/ 7 Od 14/111 17/1$ Od BANK UNI WOiIWOUWDTOIKC SPOK CLYDEBANK VIM 4/10 TMMfTM SAMOA VI 11/10 FQRTWMK VI7N 4/11
      385 words

  • Page 22 Advertisements
    • 1032 22 /CHILE ►j K LINE KAWASAKI KISEN KAISHA, LTD.— hi 11 I vqk pus m srm nmoti suayiqu callao mhc« igugu niost* jjntow mipimbo 1 Oct 2 Oct 3on i Oct 21 Oct I Nr. IS Mr II Nr 17 Mr If Mr VOK KOK H7JMUO ICAPUICO PI QKTHLftCAVTU UOKKO CQMTO
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    • 381 22 w&sm If.' 3.*'3.ii>M VyIK»; jf. l 3;^3A'l>: Accepting FCL/FCL Container* lb*a/Wat lh#w/CTt,TWi T«—i jo mnn rm INDIA/JAP AN/INDIA SERVICE Accapttng FCL Conlalnan and CoiwanMo* USA ATIAHTIC/EAST CANADA SERVICE Accepting FCL/FCL Contalnaf tar R. Tat. SmaA Mm. CMhAm. ■Mi—. Mml Fm4t f MM| Sappn l«w Vm -OTCOVrei *7 1 Oct A
      381 words
    • 520 22 GOLDEN LINE lrfKtV CUM GUM SHTTfK (fit) LID a HA+m*mt T ""-H MMK MM ID.: &JUM* (It ÜBI STRAITS/PERSIAN CULF SERVICE: SOLOOI MMnini CotoMto/ lUradk Mncjt Dubai GOLDO MMDI e*o«to 'Urx* Mvi» S>srt fMtht 11/13 Od Ori Wr-. ti. Spvt DMMMM Iml MHMOMK 1/11 2/1# 7/1* 24/11 11/11 24/11 22/lt
      520 words
    • 307 22 BREAKBULK SERVICE TO EUROPE7UK fpn F. VM /mm j*** g- r njS PHIIIIRON SHIPPING AGfNCIES PJ[ I IP P PHII I ORIIVI lINI 5 Pit if N S I S S .p{ FAR EAST Fa ft La Vl9. 7/19 14/11. 21/11 29/19 EAST AFRICA ii" 1 "'i' > 1 r
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  • Page 23 Advertisements
    • 741 23 NEPTUNE ORIENT LINES LTD £2 POTUt MOCKS PTI LTD. R Ql/MBT TM/»i InM CO HOMES 270M77 27M7J3 7787 C *****22 mini mokctub mn» ?t*h« «*MM. |Imm aO *****44 (CRM SON. WD 300W/3C*****/3C005&3/*****2C IOUf SON M. *****71/*****34/*****8 lOIM SON. M. ll»M/(2W3S/(27««/t77Ml/(77H2 a TOKYO S-pm I ran Fa C*l» 2359 IQ Cap
      741 words
    • 242 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KEL ANG. PENANG. BUSAN INCHON r 7 CEYLON SHIPPING CORPN National Line of Sri Lanka fUILY CONTAINERISED SERVICE TO COLOMBO ARABIAN GULF. RED SEA. E C IND'A 1 *PT j*' fT» T•- 1 ISI4 mipfib nm -.'•m h* r»
      242 words
    • 499 23 SINSOV SINGAPORE SO VET SWUNG CO PRIVATE LTD SftSOV BULDMG 55, Market Street SMfapere 0104 T* *****33 (15 Urn) T( Cable Address SMSOV SH6APORE Telei (Men RS ***** RS ***** RS ***** t KELANC M/S SHARKAT MM SOM SON. BHD IST AND 2ND FLOOR. NO 1. IALAN CEMPCNMG. POTT KLANG.
      499 words

  • Page 24 Advertisements
    • 384 24 Ji REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL icnusii c?rr*— CnEEC irTi -i rarer C33E5121 I^^BnF¥ EEH C22H E2S2EI E22E C3QE2S2E [213E513L eoeee 9-11/11 1112/10 12-12/10 14-15/10 10-19/10 19-19/10 21-22/10 il.'J'-V THAILAND mmu rm VMM m rtb m MALACCA STRAITS 1 SAILINGS A aaaila; BM m vim
      384 words
  • Page 24 Miscellaneous
    • 163 24 fi Regional Weather m S 1 n 0^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature e c X\ V Shower Weather Wind direction with speed m knots Rom >->' Wave height Cloudy Sky Surf oce wmds ere indicated by arrows which My with the
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  • Page 25 Advertisements
    • 76 25 mil *****58/*****56/24Z4945/*****93 *****11/4 TERMML 3SSS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****1/*****5/*****5 n 1 CZZH FAR EAST/EUROPE: CONTAINER SERVICE czez: Eiiiiiia rrmji'Tnn II lIJZZMWIZ3PTirni 113■ 11 immiT TTIIIIT'MmTTTTi-i TTifTTn ii ■mrrrß'f irmiiiiMHiTtißinntTrTmifiUßm rrT^iiTnnrTT—TTirTTBMiTTTTTTii impfn |ii". "■DUgimiEZ^^TTTTinrrnMHTMgm'i. ""MEmmann 11 ■PTTirini! 'TTllimiOTfTTMtnTli: mi FTTTTTTI mtUEBEBIEBBMP'MOSBIHWmMDIl 1 [IjMߣjr!ii''BiMrrMrirwrriPMiTMMinß' i "UfUl 1 ■FTTniiri|XßlT[TßMi PENINSULAR SABAH/SARAWAK, BRUNEI SERVICES MISC
      76 words
    • 102 25 'NTFBNATIONAI TFS TRANSOCEAN (Ml SDN. BHD COLUMBUS LINE REEDEREI GMBH aS[(• f IM- If- -.si it [XPRfSS Sf Ml COMUIIWR SfRVICI 10 ffiG HULL fllX) 1/11 29/11 24/11 28/11 3/12 1/12 11/12 14/12 2/1 4/1 Hw FQ. MMP/Inhb^F < ill L'J IL-JJ-i. J 1" a It Part Hornby, Kfeta UM
      102 words
    • 89 25 Bookings: MAC-NELB AGENCIES PTE. LTD. ti: *****44 (20 Unas) MAC-NELS (MALAYSIA) SDN BHD. P. Keiang T«i: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. Panwtg Tat: (04) *****6. *****2. Scan Dutch tf EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDJNAVIA) lIMI a tmWTK* 31 S) GOTHENBURG SEA-MEDITERRANEAN TO HONG KONG-TAIWAN-JAPAN -CHINA* ft KELANG PENANG i VESSEL SINGAPORE HONG
      89 words

  • Page 26 Advertisements
    • 188 26 ACCEPTMQ CARGO (LCL FCL) POM: DAKAR, FREETOWN, MONROVIA, AMDJAN, TEMA, LOME, LAPPS A POUALA flr.-nt f'PCM SIMI PAHRV SUIPPtNt; PU FERI MALAYSIA SDN. BHD. 51 V 5.,1 H" N Ml s IWVIN MM.' .t Hl' if' INTSIWR PSIiHISH) AH- KIIAN'SN Ml HINi. k h iNAHSI REGULAR DEPARTURE S'PORE EVERY FRIDAY
      188 words
    • 154 26 K&S LINE JAPAN STRAITS SERVICE J k J t-1 MXMESA/ ISA M CMMM MST COAST ummb roa —taw ic, am 14-12/12 IS-14/1? 21-0/12 rm. «ciotT+ 14-11/11 12-12/14 n-is/ia i<-17/ii u-it/u MM wcrorr JM/U 5-7/11 M/U MJO LMM RB I FOC ENQUHtICS BOOKINGS CONTACT: P.T. ARMADA EKA LINT AS JAKARTA Markati*
      154 words
    • 199 26 tl, cr- cr •ic "<y MOL MilsciOSK. Lines Lid CONVENTIONAL/SEMI-CONTAINER PIKE BANK OCEAN ELITE APOLLO PEAK 6 Oct Mombasa, Dnronnlnm Tanga 19 Oct Mombasa. Daressalam 26 Oct Port Louis. Reunion KRITI GOLD 16 Oct HIMALAYA MARU 14 Oct Rmks: judject Inducement. P. Noire. Abidjan. +Lome. Cotonou. Term, Apapa, Monrovia Apapa.
      199 words