The Business Times, 21 October 1986

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, OCTOBER 21, 198€ 75 CENTS
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  • 226 1 STOCK MARKET IN SPITE OF bouts of profittaking, share prices on the Singapore stock market closed marginally higher in fairly active trading yesterday. At the close, the BT Composite Index gained 2.62 points to 784.96 while the Straits Times Industrial Index added 1.36 points to 903.56. Winners
    226 words
  • 627 1  -  After-tax profits down 39pc last year, says survey By ALVIN TAY TWO OUT of every three financial institutions in Singapore managed to remain profitable last year in spite of the economic recession, a survey by Peat Marwick Management Consultants shows. But the total after-tax
    627 words
  • 402 1  -  By MANO SABNANI THE MINISTRY of Labour is likely to send some senior officials to Japan in the foreseeable future to study the Japanese comprehensive review of their wages and benefits policy. This was disclosed by Mr Lee Yock Suan, the
    402 words
  • 388 1 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday the government was not prepared to borrow from overseas to pay the salaries of civil servants because this would eventually make Malaysia a pauper. He said in spite of the
    Bernama  -  388 words
  • 128 1 UPI JAPAN'S leading business federation yesterday predicted that the country's overall trade surplus would swell to US$Bl.6 billion for the current fiscal year, a nearly 50 per cent boost over the 1985 fiscal year. Nonetheless, the Federation of Economic Organisations, known as
    UPI  -  128 words
  • 594 1  - Lifeboat fund the direction it will take By CHAN OI CHEE THE $180 MILLION lifeboat fund, extended to the stockbroking industry when it was shaken by the Pan-Electric crisis last December, could be dismantled sooner than expected. However, it is understood that broking firms would still continue to contribute the
    594 words
  • Page 1 Advertisements
    • 107 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM in The latest system in Hair having Sc flair Care 3efore'Lwk' After Link' SPECIALIST IN HAIRWEAVING HAIRCARE We are inviting all men and women with hair fall, thinning, receding or balding problem to call us NOW and a chance to receive our Expert Advice
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    • 336 1 Views on opting-out Bill SINGAPORE LOOKS SET to become the first Asian country where doctors can remove organs from fatal accident victims without their prior consent. The 'opting-out' Bill now before Parliament is seen as the only way to offer the 250 patients awaiting kidney transplants, and the 120 or
      336 words
    • 99 1 All J t. Now there's an easier way to move your gdd around the wotld. Global Gold Certificates from Singapore's biggest banking group. The most flexible gold certificates in the world. Not only can you buy them in one country and cash them in another but, for the first time,
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  • HOME NEWS
    • 424 2  -  Exports to America expected to exceed $20m By BOEY KIT YIN INTENSE EFFORTS to sell jewellery to the US in the past year have paid off handsomely for local businessmen. Exports of jewellery to the market are expected to hit more than $20 million this
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    • 339 2 NINE local companies headed towards their newest regional market Latin America yesterday to explore and develop market opportunities. Treading the mission is Trade Development Board's director-general Ridzwan Dzafir, who is also Singapore's roving ambassador to four Latin American countries Panama, Chile, Brazil and Argentina. This
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    • 235 2 ENEX ASIA, an exhibition for the electrical and electronics trades opening today at the World Trade Centre, is specially geared towards the Asean, Chinese and Indian market. About US$5 million worth of products will be exhibited, including 200 new items. A total of 681
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    • 95 2 AN EIGHT-MEMBER fact-finding mission from Northern Ireland is in Singapore to survey new products and process technologies emerging around the world. It also hopes to explore trade and investment opportunities with electrical and electronic manufacturers from Singapore and the region. The team is headed by
      95 words
    • 471 2  -  By MARTIN SOONG POWER BROKERS from Gray and Company, a US firm specialising in lobbying the American government on behalf of companies and foreign countries, arrive tonight for two days of talks with Singapore officials. Daniel Murphy, Gray'» vice-chairman, and Richard McElheny, the
      471 words
    • 510 2 Seminars and courses DURATION TITLE Oct 27 Office Automation Oct 27-31 Data Communications Oct 27-31 Effective Instruction Oct 27- Human Resource Nov 7 Management Program Oct 27- Marketing Management Nov 7 Program Oct 27- Operations Management Nov 7 Program Oct 27-28 How to Identity ond Develop Management Potential Through
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    • 473 3  -  By RICHARD SEAH FOREIGN MINISTER S Dhanabalan's statement that Asean was actually six markets, not one, yesterday drew critical comments from a Thai business leader who advocated that Asean should start working towards some form of a "common market". Singapore may be excluded from
      473 words
    • 267 3 THAILAND'S "guardian angel" incidentally a she would ensure that the country emerges relatively well off in the current recession, a Thai business leader said yesterday. In a talk on how Thailand was coping with the recession, Anand Panyarachun said the Thais believed
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    • 153 3 MORE THAN 20,000 professionals will soon receive copies of the Mirror, the government's fortnightly publication, in a drive to boost the circulation of the magazine. These potential subscribers will be asked if they wish to continue receiving complimentary copies of the Mirror,
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    • 237 3 IN A MOVE to enhance its expansion drive in the Asian-Pacif-ic region, IBM recently formed a board comprising a prominent Singapore civil servant and other executives from the US, Asia and Australia to tap their expertise and knowledge. Mr Tan Chok Kian, the chief
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    • 508 3  -  By ANNA TEO EXPANSION PLANS have already been laid at the newlyopened laminate plant of Nelco Products Pte Ltd. Over the next two years, parent company Park Electrochemical Corporation will be investing a further US$B million, part of which is planned for its first
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    • 315 3  - Government in no hurry to change tax laws Hu By AMY BALAN THERE is no "desperate rush" to make major changes to Singapore's tax laws and as much time as possible will be taken to study the implications of a consumption tax before implementing the levy, said Finance Minister Dr
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    • 113 3 THE SINGAPORE Tourist Promotion Board has appointed Adriaan Arends, 27, as its incentive travel manager (North America) with effect from Oct Is. Mr Arends is responsible for promoting Singapore as a pr£ mier incentive destination hiwiiMt corporations ««<1 tive houses in the US. There is good
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  • Page 2 Advertisements
    • 150 2 'f/ At Pete's Place, we know that during the day you like to put your nose to the grindstone. (It's also one of our favourite tricks.) So come lunchtime, you don't want to waste time waiting for your lunch. Our staff are very fast, and they'll serve up a feast
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    • 8 2 Bangkok go— in —rch of lobbyists, Psgs 9
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  • Page 3 Advertisements
    • 124 3 Business Plus. A Class of its Own. Our business ts a pleasure, sheer and utter pleasure. That's why we've added an extra Air Lanka 'taste of Paradise' to everything that is expected of Business Class. These are just a few of the touches we've added... priority check-in, plus 30kg baggage
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  • ASIA-PACIFIC
    • 410 4 Report forecasts tough times well into the 1990s Reuter AUSTRALIA will face a grim economic outlook well into the 1990s with a high foreign debt and continuing trade problems, a government report said yesterday. The report by the country's Economic Planning Advisory Council said foreign debt
      Reuter  -  410 words
    • 364 4 AP THE RIFT between Philippine Defence Minister Juan Ponce Enrile and President Corazon Aquino has widened as the hardline military chief warned her government should be dissolved if he is asked to resign. Reform Minister Heherson Alvarez, meanwhile, has joined those calling for Mr
      AP  -  364 words
    • 146 4 Reuter MAJOR Western Pacific countries are expected to record an average 7 per cent annual economic growth (or the next (our years, according to an Australian government survey released yesterday. The Trade Department survey urged Australian industry to focus attention on potential in
      Reuter  -  146 words
    • 351 4 MKT MALAYSIA'S proposal to Japan to convert official loans into equities may become a new issue (or negotiations between Japan and debt-burdened countries in Asean in future. This possibility was raised in the latest issue of The Japan Economic Journal, an international weekly
      MKT  -  351 words
    • 406 4 AP THE SOVIET UNION aggressively built up its military capabilities in the Pacific region in the last year, holding the first major Soviet-North Korean naval exercise, the Commander-in-Chief of US Pacific naval forces said yesterday. "Last week, we saw for the first
      AP  -  406 words
    • 840 4 ARRIVALS Operator Siran Local Hmm From SIA UA CAL CAL FT SV MAS MAS MAS SIA AC SQ117 UA805 0341 C1337 FT75 SV398 MH68I MH81 1 MH67I SO 103 AC858 0005 0010 0155 0215 0316 0440 0620 0910 0920 0950 0950 KUL JFK/SFO/HKG TPE TPE IAH/ORD/ ANC/NRT/
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  • Page 4 Advertisements
    • 126 4 I am not a Rambo, but I hope I can be like him. I liked hia film very much. Fantaatic. When the Ruaaian helicopter waa ahot down, I applauded. Former Cambodian leader Prince Norodom Sihanouk, in a magazine interview in which be said that American soldiers missing since the Vietnam
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    • 50 4 —-v AX T xjsiness Person's choice, 13/ I\/I I V every Tuesday. Thursday, Saturday I I \J I I y~l I and Sunday. Leaving Changi Airport I V J_L>flL at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA
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  • Page 4 Miscellaneous
    • 47 4 Doonesbury n I m n ft W WL ft." mSiL-* lIUIII V YOLfRE 60IN6T0RE- NOPROB GRET THIS! COLONEL IBM. HE$ SANG-ffflP A IN THE FRMPOFMNBUK- NEXT MANP 70 SEE HIM! CELL&£j V m til ■■■••It Insure YOU HAVE A LOT 10 CATCH UPON. 1 m m ■■■■■in
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  • Page 5 Advertisements
    • 318 5 Standard Chartered > Vi r> ,v A a* 7 T3L, I*-. -C 1 Introducing INTERLINK Electronic Banking Services. Creating new frontiers in banking. In today's fast-moving financial world there is an acute need for Chief Executives and Corporate Treasurers to have accurate and up-to-date information on their organisation's financial positions.
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  • REST OF THE WORLD
    • 478 6 UPI PRESIDENT Ronald Reagan is seeking clarification of some post-summit signals from Moscew that indicate a possible willingness to bend on "Star Wars" research with regard to testing outside the laboratory. Deputy press secretary Larry Speakes said on Sunday that he did
      UPI  -  478 words
    • 242 6 AP THERE WOULD be no survivors in an all-out nuclear war, according to a report presented on Sunday at the close of a twoday symposium on the risks of nuclear war in Europe. "The possible (short-term) survivors, the winning
      AP  -  242 words
    • 233 6 AFP LOCUST ERADICATION campaigns tn 13 African countries have given positive results in eastern and central regions but the situation remains more unclear in the west, says an initial survey by the UN Food and Agriculture Organisation. Despite intensive spraying since Sep 1 by
      AFP  -  233 words
    • 427 6 Reuter THE OUTLAWED Irish Republican Army (IRA) has emerged as an emotive election issue in Ireland, with the main political parties at loggerheads over the effectiveness of the landmark Anglo-Irish Accord on Northern Ireland. It all started this month when the IRA,
      Reuter  -  427 words
    • 168 6 AFP GOVERNMENT economic advisers have forecast 3 per cent growth of West German gross national product this year, against the 3.5 per cent rate they predicted last qxiag. But the revised rate still takes into account a sharp acceleration in activity (ram mid-year, after a mediocre
      AFP  -  168 words
    • 313 6 AP A CAMPAIGN to convert Americans to the metric system has failed to achieve its goal, putting US companies at a disadvantage when they try to compete abroad, said government and business lenders. "Our economy is suffering because countries don't want to buy
      AP  -  313 words
    • 179 6 AP MENTION A GUN in most banks and tellers get edgy. But bankers in the TlHnota town of Harrisburg say they are attracting millions of dollars in deposits by giving gsns as interest For three years, the First Bank and Trust of
      AP  -  179 words
  • Page 6 Advertisements
    • 277 6 Wfe have double d our output capacity through aworking partnership with HP. "At Microtronics Systems, running on Hewlett-Packard Engineering Graphics Systems (EGS), an HP 9000 workstation allows us to produce printed circuit board artwork in half the time required by the method previously used." Microtronics specializes in the design and
      277 words
    • 45 6 X H-ll('(U I I Mn.iTtj"h,! si CVIItS IIHHM !•> .1.i.-p't l.f Coultrv Automat it m«>\» n)«*nt with comploU l r.di-ruiar Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C. I. L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd
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  • BANKING AND FINANCE
    • 335 7  -  By AMY BALAN TAX CONCESSIONS that have helped to persuade multinationals and international reinsurers to locate their insurance operations here might be extended, according to Insurance Commissioner Law Song Keng. A proposal has been submitted to the government to extend the current
      335 words
    • 468 7 Reuter INVESTORS are bracing for imminent deregulation to let Spaniards purchase shares in foreign stock markets and open the Madrid bourse to foreign securities. "We don't know what the impact will be, but it is a step in the right direction/'
      Reuter  -  468 words
    • 72 7 AFP THE AD HOC committee of the board of governors of the African Development Bank (ADB) has agreed to consider a 200 per cent increase in the bank capital, banking sources said in Abidjan on Thursday. A report said the increase, the first in the bank's 23 years
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    • 163 7 ACCOUNT HOLDERS of the Standard Chartered Bank can now make payments, transfers or investments, and have immediate access to their funds overseas, from their office desks. Electronic funds transfer is one of the features in Interlink, the bank's new on-line real-time cash management service launched yesterday.
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    • 366 7 Reuter PROFIT-PARTICIPATION certificates a previously lit-tle-used financial instrument are becoming increasingly popular among West German corporations as an alternative to ordinary share issues. Last week, insurer Allianz AG Holding and trading company Kloeckner Und Co announced their first issues of the certificates, known as
      Reuter  -  366 words
    • 226 7 Reuter CHINA has opened its first co-operative bank, a move which Western bankers said would help break state monopolies and create a fund market. The Economic Daily reparted that the Hui Ton# Co-operative Bank, which opened last Tuesday in Chengdu, capital of Sichuan
      Reuter  -  226 words
    • 95 7 Reuter TAIWAN'S Cabinet has approved a Finance Ministry proposal to allow foreign banks now operating in Taipei to open a branch in other cities and accept time deposits of more than six months. A ministry official said last week the move was part of government efforts to
      Reuter  -  95 words
    • 50 7 THE UNITED OVERSEAS Bank group yesterday relocated its Far Eastern Bank Beach Road branch from the Golden Mile Tower to more spacious premises at the Kimetal Building. The group said the relocation was in line with its policy of providing greater convenience and more efficient services to customers.
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    • 346 7 Reuter RAPID GROWTH in foreign exchange trading is making Tokyo's restrictions on trading hours appear obsolete, but many dealers still favour a limited trading day, dealers said. As commercial demand grows, banks are expanding operations beyond the permitted hours of 9 am to 3.30
      Reuter  -  346 words
  • Page 7 Advertisements
    • 101 7 GOAL! v k- > i i JI v J f Yffv 1 M *-kr V K V Zr%Zt ®?i8 irmk '4$M .4: Scoring and winning in the real estate business is as important as it is in football. And it takes a good team dedicated, well-trained professionals working closely together.
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    • 126 7 THK vTEv I N > i <, p n h y The most breathtaking views in \sia, from the West in Stamford, the tallest hotel in the worlc Plus the widest selection ot restaurants anvwhere in Singapore. Six superb tennis courts and tour air-conditioned squash courts. 1 wo swimming pools,
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  • MONEY AND EXCHANGES
    • 315 8 Bernama DEPOSIT reserves of commercial banks in the Philippines have improved substantially after they unloaded dollars purchased from the foreign exchange market, according to the latest central bank data. The reserve position of the Philippine banking system from Sep 15 to 19, while still
      Bernama  -  315 words
    • 346 8 UPI THE UNITED STATES had a legal tender gold coin (or the first time in more than 50 years when the Eagle went on sale yesterday. And if advance interest is any indication, the coin could be a smashing success. Donna Pope, the
      UPI  -  346 words
    • 225 8 US TREASURY-BOND futures gapped down yesterday as rumours of a 4 per cent growth in the US gross national product and a temporary rise in debt ceiling cast a bearish tone on the market. December T-hsnd opened 3 ticks lower than the
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    • 476 8 GOLD (U8$ a troy ounco) Opon High Low Sott Vol (Est) Oct 86 420 00 Ok 86 423 80 423 80 423 80 423 80 4 Actual Vol on Oct 17 tor Oct. D*c, 86 Ni Qoung rang*: Oct 86: 419 00N, Dm 86 423 80N Opon Int* 53
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    • 111 8 THE OVERNIGHT rate on the Singapore interbank market closed 3/4 point lower at 1 1/4 yesterday. The one-month rate gained 1/16 point. Twomonth shed 1/16. Three month was unchanged. Discount Prices At yesterday's close Prices offered by discount houses on October 20 3-month Treasury Ms 2 1/16—1 15/16
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    • Article, Illustration
      288 8 Asian ASIAN DOLLAR deposit rates yesterday closed steady at slightly firmer opening levels. In short-dates, overnight and week fixed closed at 6-1/8 6 each. Period rates rose between 1/16 and 1/8 point initially. Thereafter rates were little changed with one month closing at 6-1/8 per cent, three to six months
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    • 971 8 SINGAPORE: The US dollar yesterday closed marginally firmer against most major currencies, supported by some interbank buying, after a day of thin trading. Most operators were unwilling to take large positions due to lack of fresh factors as the market awaits the release of preliminary US third-quarter GNP
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    • 175 8 Interbonk rates ot 3pm yest« tday. raw Ltctl M«rt U MM Mil of Currfwcy: Ml Oflar •reeepert* US dolor pound Au»lrdnn dolor NZ dolor Canodtan dolor 2.1725 3.1045 I.3S17 1.0084 1 5635 2.1735 3.1081 1.3845 1.0910 1.5653 2.8196 7.3469 3.4286 3.4286 ***** -2295 -57.74 -59.70 -6826 -54.29 L*c«l
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    • 288 8 HONGKONG: Gold closed steady in moderately active trading yesterday mainly on sporadic bargain hunting by local traders. Dealers local physical demand was evident as the gold price appeared fairly low, but foreign interest was absent. Traders were generally cautious, however, ahead of an outcome from the prolonged and
      288 words
  • Page 8 Advertisements
    • 285 8 HUMAN RESOURCES YOUR GREATEST ASSETS! V MANAGING YOUR HUMAN RESOURCES Until now, if you wanted to manage your Human Resources better with a flexible and powerful Human Resources System you might have needed: a large mainframe computer. a Data Base Management System a Report Generator. This obviously meant high costs.
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  • WORLD BACKGROUND
    • 570 9 UPI MECHATRONICS is a word many people may not recognise but Delbert Tesar says it has been the key to Japan's technological success. Mr Tesar, Professor at the University of Texas at Austin and a leading authority on technology, robotics and manufacturing, warns
      UPI  -  570 words
    • 775 9 Bangkok goes in search of lobbyists Reuter AS SUBSIDISED US farm exports continue to cut into its foreign markets, Thailand has discovered a Washington institution the lobbyist to combat protectionism the American way. Bangkok has begun to search for
      Reuter  -  775 words
    • 679 9 Reuter SPAIN'S industrial region of Catalonia is expected to get a major economic boost from the choice of Barcelona as the site of the 1992 Olympic Games. "This could be a great leap forward for our economy," the Local Government (Geoenlitat) Economic Minister Josep
      Reuter  -  679 words
    • 625 9 Reuter CHINESE POLITICS is the ultimate numbers game. It is so complicated, you almost have to be a mathematician to work out what's going on. Many government policies, political slogans and propaganda phrases include a number, and they all have to
      Reuter  -  625 words
  • Page 9 Advertisements
    • 72 9 F Hong Leong Centre 138 Robinson Road An Image You Can Bank On U Mew, prestigious building in the heart *»t the hanking financial district Highly visible corner ground floor hanking hall with vault High pedestrian traffic from 9 5 pm Elegant internal spiral staircase link to banking offices Approx.
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    • 63 9 NLADA MAN Vi'T Where East meets West. For the very best in Japanese and Continental dining where else but the Shangri-La. Nadaman Teppanyaki lunch from $15* daily. Restaurant Latour New lunch menu at $28* daily. RESTAURANT Subject to 10% service charge and 3% government tax. For reservations, nng Fsther on
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  • FEATURES
    • 512 10 36-24-36 (plus or minus one, two or three), multiplied by about 80, equals Millions of them. Such is the amazing mathematics of an international beauty contest like Miss Universe. The figures are worth watching. About 280 people will be directly involved in the pageant contestants, chaperones
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    • 1426 10  -  A law which could come into effect next year will assume that Singaporeans have agreed to donate their organs for transplants on their accidental death. The law will, however, grant people the right to opt out. LISA LEE talks to two foreign kidney specialists about
      1,426 words
    • 59 10 r Every year, ibaat IX persaaa ■Dar MflMS uney nuire iklySirirpi traaapiaat. Bat ealy 8» to to Uiaeys are iMated each year. After mack pnhUettv, the Watt—al ¥Maey Fiaaistlia has maaag«i to get Tljm peapte ta agree to ieaate their Aaws that ealy M a< every Ijm
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    • 402 10 AFP DUTCH CLOGS, ranking alongside tulips and windmills as symbols of The Netherlands, are in danger of disappearing because of a shortage of the right kind of wood. Jos Gevers, of the Dutch Federation of Clog Manufacturers, said the poplar wood traditionally used to
      AFP  -  402 words
  • Page 10 Advertisements
    • 132 10 nir financial At ety of other Citil rss. pe DiK D H, Ptk^rT*' t y. llU<«U> co CO fsy' <39 you ana otter you complete security. Open a time deposit account from now to 31st fan '87 Deposit U5525,000 with us in any foreign currency for 2 months and we'll
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  • Page 10 Miscellaneous
    • 694 10 CRYPTIC PUZZLE ACROSS 3 Come down to grob something to eat, perhaps (5) 8 Cause of a hold-up in helicopter parts (5) 10 Extract of gelatine used by the Romons (5) 11 Figure on the goW course 12 He's popular with children (5) 13 They come out of the* sheik
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  • SPORTS
    • 286 11 Reuter KOOKABURRA m yesterday crushed Alan Bond's Australia m by a huge margin, shaking for the third day in a row the morale of the team which brought the America's Cup to Australia. Seven-times world 18-foot class champion Tain Murray piloted the
      Reuter  -  286 words
    • 263 11 AFP ALEX HIGGINS was bouncing with health as he shrugged off some stiff resistance by England's Dave Martin to reach the last 16 of a major snooker tournament for the first time since last March, at the £275,000 Rothmans Grand Prix.
      AFP  -  263 words
    • 345 11 Reuter DEFENDING champion Stefan Edberg of Sweden ended Frenchman Yannick Noah's hopes of a winning comeback after an injury-enforced sevenweek layoff with a 7-6, 6-2, 6-7, 7-6 victory in the final of the US|ZIO,OOO Swiss indoor tennis event. It was a thrilling
      Reuter  -  345 words
    • 409 11 Reuter THE LANCOME TROPHY golf tournament ended in an unprecedented tie at St Nom La Bretecfae on Sunday when Spain's Severiano Ballesteros and Bernhard Langer of West Germany appealed successfully against bad light after four holes of a sudden death playoff. The two finished the
      Reuter  -  409 words
    • 101 11 Reuter SHAHRASTANI, the first horse to land the Epsom and Irish Derby double since Shergar five years ago, is to be retired to stud. Shahrastani galloped at Newmarket last Saturday, but that failed to persuade trainer Michael Stoute to send him to California for the Breeders'
      Reuter  -  101 words
    • 273 11 Reuter VETERAN Ray Floyd rolled in a 20-foot birdie putt on the 72nd hole to tie for the lead and then captured the US$5OO,OOO Disney Classic on the first hole of sudden death with a six-foot putt for par. The win
      Reuter  -  273 words
    • 478 11  -  (orkWg SINGAPORE WOMEN'S OPEN TENNIS By WALTON MORAIS SPAIN'S female sports darling Arantxa Sanchez created the first upset of the US$5O,OOO Singapore Women's Open tennis championships when she beat seventh seed Isabel Cueto in three sets at the Kallang Tennis Centre last night. In a
      478 words
    • 67 11 3.00 pm A VMIogron V J Richardson B Gerken V A DingwaH Patricio HY/M Yanogi V M Lindstrom/A Villagran M Lunqvist V L Antonoplis S Walsh-Pete V V Nelson-Dunbar S Leo V M Jaggard L Bernstein V L O'Neill W Probst V M BoHegraf 1 Cueto/ y A
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    • 71 11 M BoHegraf bt N Jagerman 6-4, 6-3 N Provis bt H Dahlstrom 6-2, 6-1 A Sanchez bt 1 Cueto 3-6, 6-3, 7-6 (7-2) S Leo bt J Nanakorn 6-2, 6-0 M Lindstrom bt A M Fernandez 6-2, 6-3 N Dias bt R Bryant 6-2, 6-1 L O'Neill bt
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  • Page 11 Advertisements
  • Page 11 Miscellaneous
    • 1204 11 to (md mm < iTT m TTTT The Bounty 1030pm, Channel 5 The story of the famed. 18th Century voyage of HMS Bounty has been filmed many times, given many titles and given many actors who ever indulged in the childhood game of sailors and pirates a chance to dig
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    • 109 11 [JT IS IMPOSSIBLE TO PLAY GOOO GOLF IF YOU THINK ABOUT TOO MANY THINGS KNOW A LOT OF WEEKEND f PLAYERS TXY > TO WORK ON q SWING CHANGES PURtNG >tV THE COURSE /$&A OF THEIR V\V h ROUNO... r j I fe.i THE BEST PLACE TO WORK ON SWING
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  • INTERNATIONAL COMPANY NEWS
    • 642 12 Some dealers complain of faults in price reporting systems Reuter THE LONDON Stock Exchange has declared successful Saturday's full-scale dress rehearsal for its Big Bang restructuring on Oct 27, but a number of major dealers found faults with the share price reporting systems.
      Reuter  -  642 words
    • 263 12 Reuter TURNER and Newall PLC will be allowed to renew its bid for AE PLC after a stock exchange takeover panel investigation into share dealings conducted before its original offer ended last month. Market sources said yesterday that AE was likely
      Reuter  -  263 words
    • 798 12 NYT ROBERT MAXWELL, the British media baron, is on the prowl in America. Fresh from acquisitions of two American printing companies and one data base service over the last few weeks, Mr Maxwell hopes to acquire a major US communications company by
      NYT  -  798 words
  • Page 12 Advertisements
    • 530 12 I Wtee id «rio«, dine <uui entertain sr Zmfonesum Come to the Tiffany Coffee House where the best of Indonesian Cuisine awaits you at our Indonesian Food Festival. Try our Sop Buntut. Nasi Uduk. Guiai Ayam, Panga ikan. Tapai and a whole lot more. Fashion Shows and Lucky Draws every
      530 words
    • 127 12 May we introduce you to a most mouth wateiingly marinated Sichuan bird. The inimitable Long Jiang Drunken Chicken. Prime and plump. It's so staggeringly good you'll be tempted to try the rest of our 230 Sichuan dishes. Now that's a sobering thought Come for lunch or dinner anyday. *CJj CRjSvn
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  • ASIAN STOCKS
    • 353 13 HONGKONG: Share prices yesterday closed slightly lower in fairly active and volatile trading as the market continued to adjust after recent highs. The Hang Seng Index fell 7.13 to end the day at 2,227.76. The Hong Kong Index fell 5.50 to 1,403.21. Turnover was HK5729.90 million compared with Friday's
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    • 260 13 OCT 20 NT» Al Smears Indus Aaia Cmrrmm Coihov Com Chang H»o Bank Chang Loong Oh Htan Cmrrmm Qwi Hun Hoti Chra Cham China Dav China EJact Wire China no* Own Ratoar China Staal Chung H»o Chung SNng Tax Far East Dapt Far East Tax First Bank Formosa Chamcai
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    • 428 13 TOKYO: Share prices closed broadly lower in extremely thin trading yesterday, brokers said. The market average closed 177.97 down at 16,523.37. Declines for six straight sessions have sent the index 1,127.81 lower. Turnover was 260 million shares. Securities company, rubber, transport, retail, gas, real estate and other financial shares
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    • 94 13 oct ao NM Acom Mining Anglo PM Ap«x Mimq B Allot Con. B ooa 26 0 00/ 28 -O.0272 -2 r +***** oow > unch Banguot Con. B lOI -iFr»» PM Hdg» 9 00 -*-0 5 Laoanto B 0.14 unch Marcoopar 1 '6 +036 MontMl Oriantoi B PHI Ov«r»«o*
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    • 508 13 SYDNEY: Prices closed lower yesterday with a sharply weaker resources sector and scattered profit-taking among leading industrials cutting short a rally that pushed national share markets to record levels last week. The All Ordinaries Index eased 6.0 to close at 1,361.3 while the Gold Index fell 29.8 to 1,609.3.
      508 words
    • 134 13 OCT 30 Wa Chai Sugar IMO -6 Omfcu tnd 564 9 Daewoo Corp 1019 54 Daewoo Hoovy 1265 40 DaiNn jtuitm 2530 50 Dang Ah Phar 800 II Dong St*i Stock 1378- 37 Dongbu S«m< Gotd Star 1540 J 1615 ♦22 35 885 25 1200 49 HarkiA GAou 1670
      134 words
    • 138 13 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.27 to 177.78 on a turnover totalling 856,593 shares valued at 162.94 million Baht. Reuter OCT 20 1 Ukt Ao Kham Thai Aim Ftn Ayudhya kwestmw*... Bangkok Agro-lnd Bangkok Bark Book Of Amjdhyo Charoong Thai Win lit 176 190
      Reuter  -  138 words
    • 56 13 Reuter THE TOKYO Stock Exchange may start trading stock index futures in late 1988. It is also considering trading stock index options, an exchange official said. In a recent survey of 115 firms, 93.5 per cent hoped stock index futures trading could be started quickly to
      Reuter  -  56 words
    • 527 13 Reuter. SOUTH KOREA'* stock market has been hit hard by the recent political crisis in which an opposition Member of Parliament was arrested after being accused of supporting communist North Korea. But bankers and stockbrokers in Seoul said yesterday that other financial markets
      Reuter.  -  527 words
    • 210 13 Reuter THE JAPANESE Finance Ministry is considering increasing capital gains tax on certain securities transactions, according to a Japanese newspaper report, and this prompted equity prices to fall and convertible bond yields to rise. Finance ministry officials In Tokyo yesterday called
      Reuter  -  210 words
    • 110 13 UPI IMPERIAL CHEMICAL Industries (ICI) is attempting to recruit Japanese scientists in Britain, the US and Europe to work hi a technical centre it is setting up in Japan. It hopes to find candidates who would be attracted to working for a growing subsidiary in Japan
      UPI  -  110 words
  • Page 13 Advertisements
    • 89 13 <3 Wtere to nrli* dlae aai eaMii Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, GadoGado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is just
      89 words
    • 133 13 ft ~>y m v r_ To turn your night into gold with Freaky Freddy.. just boogie down to the Black Velvet Gold Club. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine. Ladle* Night and
      133 words
    • 72 13 Malaysian Food Festival Oct 1-31 Buffet Lunch Dinner Adult: $12 Child: $7.50+* High Tea cum Fashion Show $6~ Every Friday Showtime: 4.30 pm <So> E.xcet3or Hold 5 Coleman Street. Singapore 0617. Tel: *****33 LOCAL FOO V 5 At the SSa^rmnd We feature various local specialties. We recommend... THE HAINANESE CHICKEN
      72 words
    • 156 13 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at SIO.SO
      156 words
    • 120 13 V *f*v Food Boom Package vv ire f-1* w Deluxe Single/ double occupancy **45L •chadut* or Ml wmt\ up and r*tox In ttw cool of our lumirtoua room. 19 CamM OcM Singtpm OS2J T* 734M22 TaMi RS »7«2 I 3s iZ? a Mi r^ls" 2 V For only $280*, enjoy
      120 words

  • RAW MATERIALS
    • 392 14 Record harvests for developing countries AFP DEVELOPING COUNTRIES had record harvests in 1965, but had problems getting rid of their excess production, as world agricultural prices fell, according to the annual report of the Food and Agriculture Organisation (FAO). The report said total food production
      AFP  -  392 words
    • 271 14 AP JAPAN will not make a deal to buy rice from the US in exchange for the withdrawal of a legal complaint by US rice millers over Japanese restrictions on rice imparts. A foreign ministry Official in Tokyo said yesterday that last month,
      AP  -  271 words
    • 265 14 BMQAPORE The market closed slightly lower yesterday, with November One RSS buyers quoted at 187.00 cents per kilo, down OA cent tram last Friday. The morning session lost 0.75 cent on some long liquidation after lower Tokyo advices in quiet trading, but prices recovered slightly in late quiet afternoon
      265 words
    • 125 14 Reuter TEAK has taken over rice as Burma's main export, earning 47 per cent of the country's total export revenue in the first six months of this year, official figures show. A government report showed that teak sales were worth US$66 million, while
      Reuter  -  125 words
    • 153 14 AFP FAVOURABLE WEATHER for beet development is the peat few weeks over much of Western Europe suggests that European Community (EC) crop prospects are now better than one month ago, which threaten to "increase EC flnanrial difficulties", according to London traders C
      AFP  -  153 words
    • 177 14 MALAYSIAN crude palm oil prices extended last week's finnum to cloee yesterday at the day's highs on further covering and speculative buying interest in moderately active trading, dealers said. Prices were supported by the firmness in palm oil futures. Interest was again mainly confined to October deliveries, with
      177 words
    • 327 14 RAS prices m S caahA*, FOI 1 •aiw HOC >N SaBart CLOU N 1 RSS Prompt u^fl 186.50 187.50N 187.00 I88.00N tot 1 RSS Nov 86 186 50 188.00 187.00 188.00 tot 1 RSS Doc 86 187.50 188 00 188.00 189 00 tot 2 RSS OP 185.50
      327 words
    • 81 14 Siitfl ftOOA cImm p Oct 20 (S$/U» kfT new m Coconut oil Bull FOB Old dnm FOB New drum FOB 40.00 S3 00 57 00 Copra Mixed Ooom) 19 buy«r% Poppor Muntok Whit* FOB NLW Sarawak Whit* FOB toq NLW Sarawak spacial Nock FOB NLW Sarawak Asta Mock
      81 words
    • 30 14 Bangkok (USS/tMM, FO§) Whit* Rice 100% 1st clot* 255 100% 2nd ckns 220 100% 3rd doss 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175
      30 words
    • 76 14 THE PRICE OF TIN «I Ike Km* Luff Hi par kite ea tartker eerThe mM stoMttIMWMItMkMtI» Uek e( ilf—to bj ■teen wtoe expect bet* Tinw topped to 71 toUM (rem M toaee but Prliay wttk eMttnei itrtig 4e* ■nif wtmimty Cren JsDealers mM ttot ttoere vu mtterei peaa
      76 words
    • 152 14 Reuter WORLD FISHMEAL production in 1986/87 to likely to fall to 5.71 million tonus from SJS million in 1985/18, with total I*6/87 supplies seen at 6.72 million tonnes compared with 6.94 million, said the weekly uewsletter Oil World. The Hamburg publication has projected combined
      Reuter  -  152 words
    • 77 14 OIL PRODUCTS FUEL OIL wu wG&kcr in the jywlnrti market yesterday. Naphtha firmed slightly on C+F Japan basis. Other products remained stable. Closing prion for crud Dubai (Dec) WT1, West Texas Intermediate, (Doc) (fob origin) US$/Wrei 13.85 15.13 +0.40 +0.53 i i I I net* (fob Singa pore) Kerosene Gosoi
      77 words
    • 92 14 (eaata/kg, l-*« idhti) NOV t6 DEC 86 (cilfTOfl it Month) (forwor d Month) NOON NOON RAS Bum Sdhn l«|ln Sdhn SSR 20 ***** 172 00N ***** 173 OON SSR 50 167.00 169 00N ***** I70.00N MRELB Bvyan Si* in Seyen Sdhn SMR CV 285 50 287.50N 286.50
      92 words
  • Page 14 Advertisements
    • 188 14 SINGAPORE MANUFACTURING FUTURES SURVEY 1986 Singapore manufacturers are struggling to compete in today's competitive environment. WHY? 1o find out some of the answers attend the Business Times/Arthur Andersen Associates Pte sponsored symposium on New Singapore Directions in Manufacturing. Introduction by: Roy Mackie, General Manager, Business Times Speakers at the special
      188 words
    • 64 14 BT helps you TiTHi&.WI productivity BT, Singapore's biggest business daily has a weekly page devoted to training and development to keep Singapore ahead in the economic race. Every Wednesday, BT brings news of the latest techniques and developments in training, productivity and acquisition of skills. Our comprehensive coverage on "Training
      64 words

  • SHARE INFORMATION
    • 4097 15 BUYING SUPPORT at lower levels helped share prices on the Singapore stock market to finish marginally higher yesterday. Overall, more attention was paid to Malaysian stocks, which rose in anticipation of a stimulative Malaysian Budget to be announced this Friday. The Straits Times Industrial
      4,097 words
    • 255 15 SINGAPORE Rims Kan Baet 156 So M.i...— MMC I0< 105 NST 545 H Lmd) M SOt 164 K L 227 Hmk II I* SOt 202 Kaba Mm 50< 145 M 0mm* >70 H Mm 454 Kadi Saaf 164 IG8 Carp* 50t 80 S P H #50 Waaraai
      255 words
    • 3944 15 BID and otter price* ofTV-Ully listed and Wmtmm la and reported to the Stock Esdiaafe of Stegmpore yesterday with the number of riiares traded dwn ia brackets la tats of 1.000 imits natasi otheiwtee pdM. AH Ttaae Settlement Contracts are quoted after the word "SETT".
      3,944 words

  • COMPANY NEWS
    • 793 16 Response to bank's Msls2m cash call expected to be poor FT BITTER public recriminations between the board of United Asian Bank and its former chief executive director over its massive losses and management have served to highlight the parlous state this Malaysian bank is in, and
      FT  -  793 words
    • 104 16 HONGKONG Hongkong Indox Monday 1403 21 Friday 1406.71 Wttk ago Closed Hong Song Index Monday 2227.76 Friday 2234.89 Week ago Cloved All Industrials Monday 2119.9 Friday 2123.2 Week ogo 2069.4 NEW YORK Dow Jonos Friday 1837.04 Thursday 1836.19 Week ogo 1793.17 TOKYO Nikkoi Avorogo Monday *****.37 Saturday *****.34
      104 words
    • 235 16 MonoQtn' pftfw MARA-Bumiputra for Oct 21 First B'putro Second B'putro 5.12 5.17 4.65 4.70 Singapore Unit Trust Third B'putro Focrlh B'putro Fifth B'putro Sixth B putro Savanth B'putro (A) Savanth B'putro (B) Eighth B'putro NkMh B'putro Tenth B putro Etavarrth B'putro 3.61 3.66 The Commarcs 0 92 0.99
      235 words
    • 552 16 MBT SIME DARBY is keen to reinvest Its MH44 mlllinn cash surplus in sectors where it has competitive advantages and in areas using Malaysian raw materials. Group chief executive Tunku Datuk Ahmad bin Tunku Yahaya told reporters after Sime Darby's annual general
      MBT  -  552 words
    • 2779 16 MDUSTRMLS (3028 3065) (3) 302 (9) A1C0M(628)(1)61.5(1>62 AISB (68S) (8) 69 (1) 67 (9) 68 API (748 755) (7) 68 (25) 69 (4) 70 (6) 71 (8) 72 (9) 73 ASM (1588) (I) 148 (5) 150 (6) 152 (4) 153 (204) 154 (470) 155 (158)
      2,779 words
    • 387 16 Harrisons Crosfield hit by setback in plantation sector FT HARRISONS CROSFXELD has been hit by a sharp downturn on the plantations side again, and with Interest charges showing a substantial increase, pre-tax profit for the first half of 1986 Ml by 18 per cent from C3L3 million to £25.f fwilHna
      FT  -  387 words
    • 319 16 SHARE PRICES were chased higher across the board on the g |t Lumpur stock market yesterday. The gains marked the fourth consecutive day of firm trading. Investors went on a buying spree and doubledigit gains were registered over a wide front However, Interest In Singaporebased
      319 words
    • 479 17  -  By ELAINE KOH AN AUSTRALIAN group which had shown interest in buying over 90 per cent of Emporium group's Singapore operations and 62 per cent of the Malaysian arm has now dropped out of the picture. Representatives of the Australian party believed to be
      479 words
    • 174 17 CITY DEVELOPMENTS Ltd has set up a wholly-owned subsidiary, City Hotels Pte Ltd, to own and operate Orchard Hotel. City Hotels has an authorised capital of $100 million. City Dev has invested $10 million represented by 10 million shares of $1 each at par in the capital of
      174 words
    • 231 17 MALAYSIAN Deputy Agriculture Minister Datuk Alex Lee's family still owns a 15 per cent stake in Roxy Electric Industries (M) Bhd after the divestment of a 64 per cent Roxy stake to Dr Chan Chin Cheung. However, Datuk Lee said he did
      231 words
    • 350 17 Intraco reaps 10.3m profit from sale of quoted shares INTRACO LTD, a recent takeover target, has joined other listed companies in capitalising on the bull market to lighten its quoted investments. The international trading company disclosed that it has reaped extraordinary gains of 110.3 million following the disposal of a
      350 words
    • 248 17 MALAYAN UNITED Industries group has decided to go ahead with its MUI House project in Kuala Lumpur. The project was delayed due to a glut of office properties in the city. In the latest issue of Berita MUI, however, group executive adviser Wong
      248 words
    • 742 17  -  PETER THAM TRIAL By HOMER CHEN MALAYSIAN BUSINESSMAN Eng Chin Ah, a court witness at the Peter Tham trial, whose testimony was disbelieved by the judge last week, has engaged a lawyer, Mr K S Rajah, to hold a watching brief
      742 words
    • 558 17  -  Company allowed to convert earnings into US dollars By NAJEEB JARHOM IN ITS THIRD major breakthrough in China, Chuan Hup Australia (CHA) has received in-principle approval from the communist government to start the construction of a US$5O million four-star hotel in Beijing. More
      558 words
    • 123 17 ARAB-MALAYSIAN Develop ment Bhd has acquired the 33 per cent stake in PTM Sdn Bhd held by Malaysian Airline System for a total consideration of M 5395,010. The other 67 per cent is held by Sime Darby. PTM is a holding company which has a
      123 words
    • 262 17 Bernama THE HEARING of the application by Promet Bhd under the Companies Act for an order to restrain 10 banks from taking legal action against it has been postponed to Thursday by the Kuala Lumpur High Court. Justice Razak Abu
      Bernama  -  262 words
  • Page 16 Advertisements
    • 684 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 186 PURSUANT TO SECTION 2900HM AND IN THE MATTER OF HUNGHUA TRADING PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower. Singapore 0719 on Thursday
      684 words
    • 577 16 la Itenttertf Mm Campaataa Act, Cap. 11l Mi la t*e matter •< PROSPEROUS OCEANIC FHHEKIEB PTE. LTD. (UtrnkuW Vallary WMag-Up) At an Extraordinary General Meeting of the members of PROSPEROUS OCEANIC FISHERIES PTE. LTD. duly convened and held at 20 Maxwell Road #01-06 Maxwell House Singapore 0106 on the Tuesday,
      577 words

  • Page 17 Advertisements
    • 175 17 MR GRAEME L HERRING, Chartered Accountant I DR JOHN PREBBLE, Senior Lecturer, Faculty of Law, Victoria University of Wellington K a. JUL 3. I m m X 4 m m\ m imufii rnur MR lAN W HARRIS, Group Tax Adviser, The Hongkong 3 Shanghai Banking Corporation V» I MI I
      175 words

  • 563 18  -  By MANO SABNANI JAPANESE teachers in Singapore schools and Singapore teachers in Japanese schools could be a common sight one day, following initiatives by Dr Tony Tan during his visit to Japan. The Minister for Education took the opportunity to meet many
    563 words
  • 101 18 THE PRIME MINISTER returned to Singapore yesterday after a week-long visit to Japan. The Singapore VIP group arrived at Changi International Airport on board SIA flight SQS at 7pm, about 30 minutes behind schedule. The delay was caused by a technical problem at Osaka Airport.
    101 words
  • 210 18 Suharto EC rebound will help region AN ECONOMIC recovery in the European Community would help to stimulate the economic progress of Asean and other developing countries, said President Suharto of Indonesia. Economic progress in this region will contribute significantly to the stability of Asia, and South-east Asia in particular, he
    210 words
  • 369 18 ANY CHANGE in Asean's investment conditions aimed at attracting more European Community investments would similarly benefit the already strong presence of Japanese and American investments in Asean. This means that the gap between EC investments and those from the US and Japan in Asean will
    369 words
  • 359 18  -  By BRIAN GOMEZ VIETNAM was being "totally hypocritical" in announcing that it would withdraw its troops from Cambodia by 1990, Singapore's Minister of State for Foreign Affairs told the United Nations General Assembly yesterday. Mr Yeo Cheow Tong said Vietnam would
    359 words
  • 424 18  -  Asean meets EC in Jakarta I I i 2. By LOH HUI YIN SINGAPORE'S Foreign Minister yesterday reminded the European Community in no uncertain terms to consider Asean's economic interests first before taking measures that could affect the regional grouping. In a
    424 words
  • 82 18 Reuter COMEX SILVER FUTURES gained more than 10.0 cents an ounce yesterday morning in a sympathetic upturn with gold. Silver for delivery in December Jumped 15.5 cents at US$5.7B an ounce, which penetrated last Friday's high of U555.64. Analysts said the short cov- ering activity in gold spread
    Reuter  -  82 words
  • 69 18 Reuter WALL STREET stocks fell sharply in early trading yesterday as declines in the bond market spilled over to stocks. Blue chips took the most pressure, after five days of advances. Oil stocks continued to slide as Opec meetings pushed on with no accords in sight. The
    Reuter  -  69 words
  • LATE FILE
    • 57 18 Reuter THE US GOVERNMENT is not seeking to delink the Hongkong dollar from the US dollar, a US Consulate spokesman in Hongkong said yesterday. US Undersecretary for Commerce Robert Ortner said last week that the currencies of Hongkong, Singapore, South Korea and Taiwan were
      Reuter  -  57 words
    • 56 18 Reuter SENIOR Asian Development Bank officials yesterday discussed Indonesia's borrowing needs with the government's main economy ministers following a 31 per cent devaluation of the rupiah last month. Executive director Sofyan DJayawinata and other ADB officials met Economy Minister All Wardhana, Finance Minister Radius Prawiro and
      Reuter  -  56 words
    • 39 18 Reuter VIETNAM seriously mismanaged its economy over the past decade, creating a top-heavy economy, and needed substantial foreign aid to keep it afloat, Communist Party leader Truoog Chinh was yesterday quoted as having said. Reuter
      Reuter  -  39 words
    • 33 18 Bernama MALAYSIA'S total exports to Asean countries under the Asean Preferential Trading Arrangements increased 18.72 per cent to MJ21.18 million for the first six months of 1986. Beraama
      Bernama  -  33 words
    • 48 18 AP PRESIDENT Samora Machel of Mozambique died overnight in a plane crash in; eastern South Africa, SouthAfrican President P W Botha: said yesterday. He was among 38 people aboard a jet that crashed en route from Zambia to Maputo, the Mozambican capital. AP
      AP  -  48 words
  • Page 18 Advertisements
    • 394 18 Computer Charting Service for Local Stock Market Analysis Join the major brokerage firms, hanks and diversified institutions in subscribing to the most advanced Computer Charting Service for investment analysis and decision-making CHARTAMATIC is an indispensable software tool for conducting technical analvsis to support fundamental data research. Complete with historical data
      394 words
    • 144 18 Business is a pleasure at New Orleans I o lv«in with, .1 unk|iic cuisine a tine hli'iul of tr.ulitional NV\\ Vleans ant.) C <>ntinental sfxtialitics. M»hkl nilisic that lets \ou i iijov .1 plc.is.int conversation. A delightful mixture of |.»r:. Mill's, )|\H'l.inJ and evergreens. s kiltull\ arranged h\ tlu Bennies
      144 words
  • Page 18 Miscellaneous

  • SHIPPING TIMES
    • 145 19 Reuter THE DECISION to build a major deep-water port In the Gulf of Thailand could lead to more Japanese investment in industrial development on the eastern Thai seaboard, say Thai and Japanese officials. The decision to build the US$242 million Laem Chabang seaport and industrial
      Reuter  -  145 words
    • 438 19  -  By G DURAIRAJ MALAYSIA and India are expected to begin talks on a bilateral shipping agreement early next year. It is understood that talks on the proposed agreement may start after the Indo-Ma-laysian joint commission on trade concludes its meeting in New Delhi
      438 words
    • 204 19 A PROTOTYPE of the marine equivalent of an aircraft flight recorder has been installed in Hap-ag-Lloyd's Stuttgart Express. The ship accident recorder will undergone a two-year test, beginning in December. Developed by international classification society Germanise her Lloyd, the recorder will be
      204 words
    • PORTSIDES
      • 47 19 AFP FOUR CREWMEN died In an explosion on a tanker off Bombay on Sunday, said the Shipping Corporation of India. The explosion occurred in the pump room of the state-owned Lai Bahadur Shastri which was carrying 73,000 tonnes of crude oil. AFP
        AFP  -  47 words
      • 68 19 Reuter GRAIN HANDLERS at the Sydney terminal returned to work yesterday morning after a strike which began last Tuesday, a New South Wales Grain Handling Authority official said. One vessel, which was delayed as it waited to finish taking on 23,000 tonnes of wheat for Mexico,
        Reuter  -  68 words
      • 88 19 THE BELGIAN government has agreed to the final financing arrangements for the construction of a new container terminal in the Pot of Antwerp. Sources say the government is to bear 60 per cent of the cost, with Antwerp port furnishing the balance. Belgium's increasing economic problems forced
        88 words
      • 77 19 Reuter FOREIGN shipbuilding orders won by Japanese shipyards fell to two ships totalling 132,300 gross tons in September from five ships of 160,200 tons in August, the Japan Ship Exporters Association said. The September figures compares with seven ships totalling 50,460 tons in the same
        Reuter  -  77 words
      • 68 19 ASSOCIATED British Ports has withdrawn from the British Ports Association in protest against government subsidy of London and Liverpool. The government will partially finance the increased severance payments to surplus London dockers. A brief statement from ABP said the company was withdrawing its 19 ports because
        68 words
    • 1207 20 SUFFICIENT business materialised on the London shipping freights market on Friday to hold rates on a steady course in most markets, with more activity reported in the coal and iron ore sectors. Showa arranged a 110,000-ton coal shipment to Japan from the US Gulf and Richards bay aboard
      1,207 words
    • 730 20 Ferry service provides insurance against labour protests AP THE SOVIET UNION and East Germany have insulated their railway lifeline from any future Polish labour upheavals by bypassing their neighbour with a costly new ferry link. The link is insurance against a repeat of
      AP  -  730 words
    • 272 20 THE 27,000-DWT productchemical carrier Ras Maersk has joined the Maersk Line fleet. It is the second of a series of five carriers which AP Moller Shipping Companies has chartered on long term from K/S Difko XL. The Ras Maersk has 14 cargo tanks each
      272 words
    • 695 20 AB Shpg V 5 Accord Shpg VI 3 Afea Lm« VI 3 Altrons VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL N 2/3 ASCL i 1 Bolt-Conoda Line VI 4/5 Bolt-Orient Line VI 4/5 Bonk Line V 5 B8S 1 4/5
      695 words
    • 177 21 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
      177 words
    • 156 21 AP THE NUMBER of sailors killed when an Iranian gunboat fired a missile into a Panamanian oil tanker has risen to 10, according to shipping sources. It was one of the highest death tolls in the so-called tanker war in the
      AP  -  156 words
    • 331 21 Lloyd's List DANISH SHIPOWNERS have presented Industry Minister Niels Wiljen with a radical 35-point plan to stem the losses from the country's fleet. The ambitious blueprint for the industry's future calls for slimmed-down crews of 10 members only, coupled with new tax and investment deals.
      Lloyd's List  -  331 words
    • 335 21 Fairplay THE INTERNATIONAL Transport Workers' Federation (ITF) has called on the International Maritime Organisation (IMO) to act quickly in order to prevent a serious lowering of the international standards of watchkeeping. The call from the ITF follows a decision taken recently by the Norwegian
      Fairplay  -  335 words
    • 229 21 THE AUSTRALIAN Shippers' Council has called for an all-out assault on the nation's inefficient shorebased cargo-handling systems which it claims is costing exporters no less than Asloo million a year. In a sharp criticism of the report by the task force which investigated the portside cargo
      229 words
    • 177 21 Reuter PANAMA CANAL operations should return to near normal by the end of this week following a major landslide on Oct 15 which restricted traffic to smaller vessels, Lloyds Shipping Intelligence said. Transit prospects for smaller ve—ele have generally improved and they
      Reuter  -  177 words
    • 298 21 AFP OVERABUNDANT tonnage, particularly in the key Gulf states loading area where demand was sparse, led to further declines in rates on the tanker market during the past week. Uncertainty over future price and production policy within the Organisation of Petroleum Exporting Countries (Opec) also discouraged participation. Reports
      AFP  -  298 words
    • 208 21 UPI THREE CHILEAN seamen were stranded on Saturday when their ship, a Greek freighter which has become the focus of an international labour dispute, raised anchor in Commencement Bay and headed for Singapore. The Prometheus Maritime Shipping Line, owner of the 0,000-ton freighter Mmimoaynl,
      UPI  -  208 words
    • 6795 26 §®aBS)(!E3 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
      6,795 words
    • 697 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy dote/time Operator cargo schedule Location Pegasus Pr 450N 21.1086 2359 Strait F5A 1400-1600 J1 Piya Bhum 58N 21.1086 2300 S'pore Shpg F5A 1300-1500 N1 Prabhakti 03/86 22.10.86 2300 A Perintis F5A 1400-1500
      697 words
    • 1696 27 The leading shipping lines operating from local ports and their agents. A—l A Top Enterprise* Ptt Ltd Some (S). AB Shipping Bousteod Shpg Agencies Afeo Line A trie on Shpg Agencies (S) Ahrenkiel Liner Km Shpg (S). Alfred C Toepfer Oceonus Shipping Agencies (S) Muttiport Sdn
      1,696 words
    • 511 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES KIO Als Confidenc Kim Shpg alongside 21.10/1830 Dong Mahtooi K20 NTYSS alongside 21.10/0600 Liko 1 K32 NTYSS alongside 21.10/1500 Straffs Hope K24E SSPL alongside 21.10/1500 Straits Vent K25W SSPL alongside 21.10/1830 Toiyo Maru K20 NTYSS alongside 21.10/1200
      511 words
  • Page 19 Advertisements
    • 729 19 Cliiii ul K'is l >1 H IM' 1 )u 1< H l.tl"\ Overseas Cmtaitm Line STRAITS EUROPE EXPRFSS SERVICE mm smrmt agejwes («n »***>' 200 Cantonment Road #12-05 Soottipomt. Smtwore 0208 Tel *****11 TEIIX NO RS ***** TIRMNAI/CFS 3200 218 TO 220 BOOKMGS 3200 234 TO 235 PCSMM MAMC SMTfW
      729 words
    • 71 19 [|«DB THE SOVIET UNION and East Germany have insulated their railway lifeline from any future Polish labour upheavals by bypassing their neighbour with a costly new ferry link. P«g« II DANISH SHIPOWNERS have presented Industry Minister Niels Wiljen with a radical plan to stem the losses from the country's fleet.
      71 words
    • 1110 19 ilili-i-f I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co fte Ltd. TEL: *****33 MAERSK LINE OUR CFS IS NOW LOCATED AT F2 call our CFS at new tal. no. *****85 *****86 F l#r JUlang P,nan<3 V S*
      1,110 words

  • Page 20 Advertisements
    • 326 20 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Atlantic/Canada Faadar at Kao STRAITS FEEDER i —immmii: ...Mi<4iHi^iiH:i2^^9l^|3nill^*^!2ls!2ls!!22 BMMMBJIf 'I I 1 TTT rT *—gCTggM iiatg rr~~~— gTJTTPJ.T^rnM f 1 nM-mT; r f f-vIW MIDDLE EAST Full Container Service (A member of Oasis Consortium) IE e TRANS SIBERIAN SERVICE Weekly Container Service ■m UJ3 PAN
      326 words
    • 267 20 EUHOPt/f AH EAST CONVENTIONAL URVtCE TEL: 03-*****50 MALAYSIA SON. SHD. TLX'2OII6 MTM Frt. Booking contact Miss Qtn Further load/ discharging ports en rout* subject to sufficient inducement. Snifaport Agent Goodrich Maritime Pta Ltd. Tai: *****35 Tlx: RS ***** GRMSIN JL Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANAD 22/12 24/12
      267 words

  • Page 21 Advertisements
    • 748 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd 9 rr x f7 STRAITS SHIPPING Singapon toSsbflh,SMwak, Brunei Ports and Bangkok No*l 2C/1S 24/14 M/u es/n U/U 11/11 19/11 a/u 24/U 21/11 44/U 44/U 12/12 14/12 IVI2 21/12 24/12 21/12 uwro®. MY M/u Also Accepting Cargo For. StM NW| 15/11
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    • 674 21 Franco Belgian Services Aj I tr. r. s. r It iMFMRER OF ACE CONSORItUM KOKJM JKM mMierc P* 0»lf rra* PJSUMB u Ham r-stHH mm nto«« M 12 Od (M Oct) II In 11 Mr UNn IS Mr UMr II te> aOd (27 Oct) 17 Mr It Mr II Rr
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  • Page 22 Advertisements
    • 366 22 TO CONTINENT,UK EXPORTS ITt*t rtHwNn LaHawt Ttw hap aty ti EM** SW Sd SW SW SW Frirtt* Emms SW SW SW SW SW CWcaobf SW SW SW SW SW Mrißn SW SW 1«/1» 20/ l« 20/15 Mm KM 17/11 15/15 25/15 22/H 23/1* Ouka Bay 25/15 27/15 21/1* 35/15 31/15
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    • 615 22 ixz% *S I MM!u»#« cwwwmw FULLY CONTAI NERISED SERVICE CI PARS 7* CMH* CONTMR 37* ONE NT U CMP 51* KOKJW MOJM FROM HIROPE VIA SUEZ 01 thy Consorts ROMAN l«a« Js£ NEPIUC CUTSTU *f KOKAN CMMCE stvcn sws ma m 5/11 10/11 ft >||t CONIIINiRISIP IO'fROM NORTH AMIRICA S
      615 words
    • 394 22 UL Hai Sun Hup Co (Pre) id TEL *****06 (20 Imps) TLX RS ***** *RS 2067? ,1 iAS 11 K \R I I\l R. I I I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I Loadnc at appropriated Berth P4-P5 NOTE: ALSO CALLMG OTKR ItfWES PORTS, HONGKONG. TAINAN
      394 words
    • 936 22 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) OUTBOUND US WEST COAST INBOUND rem wi scr Mono m ui ic jn m m no an a/ia no anv 11/u a/u no an a/ia mtm nana n/u 2vu 2vu EW 60*w 3/11 HO MQI 25/11 N/U cm
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  • Page 23 Advertisements
    • 929 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT GOWA KOTA SINGA SIN JKT "K? «>ll i7/ii 10/11 ao/ii ao/ii 22/11 2S/11 m/ii 00/11 17/11 10/11 10/10 24/10 25/10 2S/10 27/10 20/10 01/11 OS/11 04/11 00/11 09/11 •TCM TAtCHUNG
      929 words
    • 871 23 BENLINE CONTAINERS |Kf JEBSEN LINE Wk. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH PACIFIC ISLANDS cm Of EM—» pg» IAWAMGA KIM sIH IHRG LAI Pi Hornby TA/AR tap* T«MT» BMt 23/10 I 3/11 U/ll 17/11 21/11 »/>* 3/" 5 12 nw samiMC «14S I s» I
      871 words
    • 332 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESUM LLOYD P.T. SAMUDEftA INDONESIA P.T. TMKOIA LLOYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE ft-MM/riMM trmnc 11/11 22/11 2/12 Vl2 J/12 7/12 11/12 17/12 21/12 25/U Sublet to Inducomont, Atoo icopting cargo to CmblwiM, Port Said, Port Alexandria, Gonoa,
      332 words
    • 388 23 BOUSTEAD SHIPPING AGENCIES M BURMA FIVE STAR IBk SHIPHMC CORPORATION (Burmese National Loading for Rangoon PAGAN ¥104* AVA VB2W M M VIO2D V* Span PJtctanf Pen** hi Pwt/23 Oct 21/23 Oct It/19 Oct 2C/27 Oct P Smtm 21/30 Oct i/a nh BANK LINE express sot-corn A»Q ma NORTHBOUND TO UKC
      388 words

  • Page 24 Advertisements
    • 1223 24 ECUADOR/PERU/CHILE FlFOfl VS. MOTtO Ml SPOK PUIS L BMKf MO TW 25 Oct 30 Oct Kline KAWASAKI KISEN KAISHA. LTD. rw sroK koh guayaqi* cailao **ca iququi afagast* s wtoho vup««so 31 Oct 2Nm 21 Mm (Ok 25 Ok 15 D« It D« 1?0k CENTRAL AMERICA/CARIBBEAN SEA FEEDER Ml HOTIO
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    • 689 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contitnfi leedei PMmi Lmer Vessel Spore MHti ('«<• $vd» Atso Accepts CHANOIDAS V 22 4 No. 20 No. 29 No. II No. Ad* Brs tsitamn V 8 4 No. KABIROAS V3l 19 No. 6 Dec 1« Dec 12 Dec Adel Bits CAtABA* V3O 22
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    • 763 24 GOLDEN LINE GUAN GUAM SWUNG (PTC) LID 21. IMB Ar» UrM< sokapok iim m uum at no STRAITS/PERSIAN GULF SERVICE: GOlDf N HAMISI Colombo Raracl* Muscat Dub* 601DEH HAVEN Colombo Kifacti. BKhwi PArlafl|PtftMlt CHMA OCEAN SHTPING CO., PEKING THE PEOPLE'S REPUBLIC Of CHMA '1 HI. HAhi TVt tanjKf Sparc «»K*
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    • 444 24 CNTRASEA (PTE) LTD 10 Anson Road »27 16 Internationa Plaza Singapore 0207 Tel *****1 1 11 O L.nesi <► PHIL I IRON SHIPPING AGENCIES PIE I IP PHIL I ORIENI LINES PIE L ID Ht»P OfflCf 6 3 ROBINSOW ROAD *07 AfRO ASIA BUUOMG SINGAPORE 3106 lit 2?386?? ??i8769 S
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  • Page 25 Advertisements
    • 685 25 Spert Tri Hi ONce *****77 NEPTUNE ORIENT LINES LTD JTT NEPTIM AGENCCS PTE. LTD. FF FU/4UST IPA/SU Tannual CPf BOWMCS *****77 *****53 ******2 *****22 *****53 *****42 m OKCT IMS *****15 *****1* *****11 lot ME SON. M 3M9M7 3M0545 ****** *****2* NEPIIC SDN AC *****71/*****34/*****35 NEPIVC SON BHD *****9/*****5/*****0/*****1/*****2 FAR EAST/EUROPE
      685 words
    • 413 25 OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN. INCHON lb Datum MW Sta/iM M| lb i Drni/iM I kw/MM Ne 7 Oman MW Gwwtjl W*»» it tlinii Dm (tar CMS/r NIPTtl* AGIKCIIS Plf ITD lfl *****7/ *****34 7777M0 *****77 (OiM-rjlwist ???748/ *****84 .MrTwuh *****
      413 words
    • 464 25 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SINSOV BUR.MNG 55, Market Street Stafpore 0104 Tek *****33 (15 Ims) TeraM Office: 22M241/2 Cable Address SINSOV SINGAPORE Telex Nunbers RS ***** RS ***** RS ***** mmt FIMMI MESSRS KM TMONG SMPPMG 127 Pe«Mg Street. Penant MM»ysa PtNANG Td *****4/*****8/ Tete MA *****
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  • Page 26 Advertisements
    • 399 26 REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) vessel SRIfH* Po l.'i ;*J.I Ja' I. "-imUPirM CE3E22E ■[222 03 rm DATUM BHUM PIYA BHUM Sat/Sun 125-26/10 Sun 26 26/10 Sat/Sun 125-26/10 Tuc/Wml I 28-29/10 I Fri/Sat 31-1/11 [QQES3E C2SI3E23E ira..?innw! 29-29/10 Sat FnrM EUECTB)inßinLiilsni |DJl!lfggfl»3-7jiMmtt£MKPni |rrw >iTii J msa
      399 words
  • Page 26 Miscellaneous
    • 178 26 Regional Weather m mm i i <3 > I 9 4^ r m I M J 3 3 2* rv •lifcT SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature c A\ pr Weather Wind direction with
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  • Page 27 Advertisements
    • 112 27 HSC AGENCES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****M/*****56/*****4«/*****93 *****11/4 TERMMAL 3SSB3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****5/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE n MEZJfUDJ rrTr-^r^nrrfnci^MnilgiaiglMtlllMSlllEn^MEailECTEllll ii ii ■■'in"mi 1 wmnmmimMnmEmtEU£xtamwmwxm rf-TTTTiEiBdl—-ii'TTn^HTTTT^—nriEMESBIIIIMnZIMI mI Mlmiymitaa ii",/'.'-MnnintnifT--^-—HTnn«EiCTEMEISIIUZSMEIIIIEIIMitUM II"./' 1 ALSO ACCEPT!* FOR: ANTWERP, L HARK. UK. BREMEN. COTOWAGEH. OSLO ALSO
      112 words
    • 132 27 VAN OMMEREN V, BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: SINGAPORE: CALICO SHIPPING PTE LTD Ttfc *****66 Tlx: RS ***** CALICO FAX: *****71 PORT KELANG: PERKAPALAN UTAMA SDN BHD COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD> EXPRESS SEMI CONTAINER SERVICE 10 Wfl.V'l'lfl General A|>pnh Singapore To Pori Moresby,
      132 words
    • 117 27 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) ■HW FEEDER VESSEL PKG N Dipx/ 300 0 IMV37O* KIZJLJH I J. 1 SE II J 0 Fmi/4U fanfuW X) GRANGEMOUTH TO HONG KONG-TAIWAN-JAPAN -CHINA* FEEDER VESSEL P. KELANG PENANG VESSEL SINGAPORE HONG KONG BUSAN llfM/ffi II NMkMi/400 t Nna/41S MMa/*n FROM EUROPE
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  • Page 28 Advertisements
    • 164 28 ASIA WEST AFRICA Singapore Agents BAHKf SIMf DARBY SHIPPINII Plf lID lei *j3bloBB 53b?3?6 \K\\ LINK FREIGHT ONSOLIDATORS AIR-SKA TEL: 339-2127/339-2411 TLX R*****8 NLINK Accepti* Containers. L.C.L. and breakbufc. Indian Ports: Madras, Calcutta, Bombay, Karada. Colombo, Chrttajonf Gulf Ports: Dubai. Damman. Kuwait, Jeddah, Aden, Hodeidah, Sarjah, Mqaboos Japan/Korea/Taiwan: Tokyo, Nafoya,
      164 words
    • 236 28 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 113 Cfcrf Street 10 04 G8 BuJdmj S pore 0106 Irt ??19?5S Port Kelanj li{3 PmJ Stuppmf Sdn Bhd Tel 03 *****74 i Penjnj Malmu Trad* 4 Transport ltd lei 04 *****3 pjsir Gudanj Malaysian Shipping Agencies Sdn Bhd lei
      236 words
    • 377 28 rc w MitsuiO.S.K.Lines Ltd CONVENTIONAL/SEMI-CONTAINER FAST AFRICA APOLLO PEAK 26 Oct Port Louis. Reunion ALPS MARU 3 Nov Mombasa. Daressalam. Zanzibar. Tanga. +Betra. Tamatave NEDLLOYD MO JI 15 Nov Mombasa. Daressalam SUBJECT INDUCEMENT WFST AFRICA ALTAI MARU 11 Nov P. Notre. Abtdjian. Monrovia. Lome Cotonou, Tema GOLDEN ORCHIND JR 19
      377 words