The Business Times, 11 November 1986
1986-11-11
1
28
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The Business Times
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Title Section12 1986-11-11 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, NOVEMBER 11, IMS 75 CENTS12 words
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Article, Illustration187 1986-11-11 1 Exchange rales TttE S$ closed higher at 2.1905/15 (2.1925/35 previously) against the US$ in the forex market yesterday. It fell to 3.1346/1404 (3.1199/1235) against The local unit also weakened against the M$, Deutschemark, and the yen. US$= 162.70/80 yen, *****/40 DM, S$*****/15 US$1.4375/85 M$= S$0.8367/74 Simex DM187 words
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Article496 1986-11-11 1 CHUANQ PECK MING - Wage restraint may continue after next June By CHUANQ PECK MING WORKERS ARE PREPARED to accept another year without a wage increaae, but on condition that their sacrifices will be repaid through bonuses if the economy has recovered sufficiently, Mr Ong Teng Cheong indicated yesterday.496 words
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Article, Illustration435 1986-11-11 1 OPPOSITION MP JB Jeyaretnam s saat in Parliament hange on a High Court hearing today on whether he can take certain legal pointa to the Court of Criminal Appeal. Mr Jeyaretnam'a aeat is in jeopardy after the High Court fined435 words
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Article, Illustration440 1986-11-11 1 NAJEEB JARHOM - By NAJEEB JARHOM THE TRIAL OF convicted stockbroker and former Pan-El director Peter Tham Wing Fai on 10 other criminal chargea, originally scheduled for yesterday, haa been postponed again. The case will come up for mention on Nov 24 when the trial dates are to440 words
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121 1986-11-11 1 AFP SOUTH KOREA yesterday announced a series of measures to curb both its swelling trade deficit with Japan and its trade surplus with the US. The government will grant various privileges, including bank loans at favourable terms and tax cuts, to importersAFP - 121 words
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462 1986-11-11 1 AFP, Reuter PHILIPPINE President Corazon Aquino, shrugging off rumours of a possible military coup in her absence, secured a US$25O million loan and a promise of more economic aid at the start of a four-day visit to Japan yesterday. In an hour-longAFP,; Reuter - 462 words
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157 1986-11-11 1 Reuter ONE OF CHINA'S top bankers has promised a continuation of radical reforms that are taking the country's financial system towards a market-oriented economy. Liu Hongru, the deputy governor of the People's Bank of China. told an audience of Chinese and American bankers and fi-Reuter - 157 words
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Article, Illustration264 1986-11-11 1 THE SINGAPORE stock market succumbed to further selling pressure yesterday, causing most shares to finish sharply lower for the fifth consecutive trading session. In the abeence of fresh positive factors, many investors turned nervous and decided to off-load. Others, however, adopted a wait-and-eee attitude.264 words
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Page 1 Advertisements
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Advertisement58 1986-11-11 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM CASUAL-CHIC 4 I a i H It says so much for you. Very distinctive. Very stylish. For those who know high fashion and choose it. MADE IN ITALY BY 4VIXJ*/4MM sok ,yi.. High fashion casual wear mlamo JtL J. MA SPORT (S) PTE LTD58 words
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Advertisement318 1986-11-11 1 Bridging the fitness gap in America PARENTS getting fitter, but children getting fatter. It's another sign of the affluent times. In America they call it the fitness gap, and it has opened new markets lor business. See Page 10 OUR VIEW SINGAPORE'S recent advertising wins at the Sydney Award Awards318 words
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Advertisement56 1986-11-11 1 Unions itNd to occopt ctiango, pago 4' Cartier ~znrjnL/_L ■MM -tcjiimzuj K 8 0 4sg m •> I'm L 1... Tf^l r L ybnta/de Cartier fern WATER RESISTANT. AUTOMATIC. QUARTZ \vm*Ad*CarUer filer /4r -y% ky mu/f de Cartier boutique SINGAPORE #01-36, Lucky Plaza, 304 Orchard Road. Tel: *****27. #01-04, Hilton56 words
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Advertisement15 1986-11-11 1 Nikon THE WORLD'S 3lk iM PHOTOGRAPHIC SYSTEM Full (totalis, Pag* 15 Asian ■todrt, Rags 1315 words
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Page 2 Advertisements
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Advertisement24 1986-11-11 2 bks£2£ s;-*. I 111 fes^.re? F V i! I m m ISi .-V mk BEP* If 2fi»£slfH! i the (D n 829' 86 M24 words
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HOME NEWS
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232 1986-11-11 3 MARTIN SOONG - By MARTIN SOONG LOCAL ELECTRONICS PRODUCTS will be on display in the US and West Germany over the next two weeks at three prestigious trade shows. Creative Technology, the company behind the Republic's first locally designed and produced Apple-compatible minicomputer, the Cubic232 words
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282 1986-11-11 3 LIM SOON NEO - By LIM SOON NEO SINGAPORE has agreed to help manage Shanghai's Hong Qiao airport. A team from Shanghai is in town to discuss the scope of consultancy services to be provided by Singapore. The five-member team, which arrived on Saturday for a282 words
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Article, Illustration267 1986-11-11 3 LOH MENG SEE has taken up the post of group personnel manager of Keppel Corp Ltd, following the retirement of group personnel director Lawrence Mah. Mr Loh, who has been with Keppel for 11 years, was formerly personnel manager of the shiprepair/marine-related industries division. A graduate from267 words
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Article376 1986-11-11 3 LOH HUI YIN - By LOH HUI YIN EXPORTS FELL 1.8 per cent to $4.1 billion in October from a year ago, according to latest trade figures released by the Department of Statistics yesterday. Of the three largest markets for Singapore goods, the United States was the only one which376 words
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286 1986-11-11 3 SOUTH KOREAN electronics makers met about 100 local counterparts yesterday to discuss possible joint venture manufacturing opportunities here and in the Asean region, as well as cooperative efforts at penetrating the China market. Local electrical and electronics manufacturers and dealers286 words
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Article47 1986-11-11 3 BUSINESS TIMES reported on Friday, Nov 7, that the Public Utilities Board would be removing liquefied petroleum gas storage tanks from outlying areas of Singapore next November. The removal scheme will start this month, and not in a year's time. We regret the error.47 words
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394 1986-11-11 3 SLOWLY BUT SURELY, the message is getting through to the United States Singapore's No 1 trade partner that the Republic practises free trade just as Washington does. Because of this changing perception, Singapore is in a strong position to retain its394 words
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244 1986-11-11 3 THE US is applying pressure on newly-industrialising countries (NICs) such as Taiwan and South Korea to open up their markets and not follow Japan, which has an obstacle course of barriers for its trade partners. As for Japan, it risks facing serious across-the-board244 words
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Article138 1986-11-11 3 THE FIRST Publishing Awards competition for Asian magazines will be held in conjunction with the Asian World Publishing Congress in February. The contest, organised in association with Folio Magazine of the US, is open to all printers, publishers and advertising agencies whose publications are printed138 words
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Article80 1986-11-11 3 THE SINGAPORE Institute of Management is organising a talk on how to develop business strategies in the Asia Pacific. The dinner talk, to be held torn morrow night at Pine Tree Town and Country Club, will be delivered by Roy Barbee, the executive vice-president of Strategic80 words
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Article485 1986-11-11 4 CHUANG PECK MING - By CHUANG PECK MING THE NEED for labour unions to accept change if they are to have a relevant role was the theme at the opening of the NTUC Ordinary Delegates Conference yesterday. This was why the the National Trades Union Congress would support wage485 words
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233 1986-11-11 4 THE LABOUR MOVEMENT is expanding its social role by setting up a club for members. Announcing this yesterday, Mr Ong Teng Cheong said: "The NTUC Club will give an identity to union members. It will serve as a focal point for the233 words
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163 1986-11-11 4 THERE'LL BE LOTS more ho-ho-hos this Christmas when 200 Santa Clauses and their helpers from the US fly into Singapore next month. They are here not only to spread Christmas cheer but raise money for charity from a walkathon. The Santa163 words
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338 1986-11-11 4 THE THREE golden rules for successful retailing used to be: location, location and location. Now, promotion has become the fourth, and the Wisma Atria developer, Union Bank of the Middle East (ÜBME), is ready to spend some $800,000 over the next three months pulling338 words
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394 1986-11-11 4 MARGARET THOMAS - By MARGARET THOMAS SINGAPORE could have a bigger tourism industry if it established itself as a gateway to South-east Asia, in the view of a man who has been in the travel business for 37 years. And to make Singapore more394 words
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258 1986-11-11 4 THREE YOUNG CHILDREN will die soon if insufficient funds are raised to sponsor bone marrow transplant operations. Two are girls suffering from thalassaemias, an inherited disease while the other is a boy suffering from acute leukaemia. Professor Wong Hock Boon, the head of258 words
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Page 3 Advertisements
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Advertisement28 1986-11-11 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day i(f &s ei tsJ£?idn SVP fcc«.° M MOUt ;ni°V I m m m 00 £V 5^ efv oOßfc28 words
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Advertisement64 1986-11-11 3 "ll<Ai I'jiiLj have ue been friend. Mr Shakespeare.'" "Over 20 ucar\ Sir Walter." "And what pray /s the secret of friendship? >*3 F I ,Ji V >■ V V fSpS The taste is sheer poetry WHYTE MACKAY 21 YEARS OLD SCOTCH WHISKY For uke. enquine* p*e~e cor*.ct the tote agent64 words
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Page 4 Advertisements
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Advertisement379 1986-11-11 4 CsC »tfw r•*<« SMftg-J *J. s Kaiw i Ktuwuwii' ii.iimw* SI 11 Si WWSSM ;i 11 •<■ •-if n t>»*M-«w«mi UlLU'MWrtl >: 'WWWW"<yw-vww.wA- <• Mi|N :£i V AS, ,v-> MWv: The new NEC APCIV It grows on you. If you've discovered the limitations of other PCs you'll find the 10.5379 words
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Advertisement139 1986-11-11 4 I IL GIARDINO Experi in fine dining. 1 7\ hi Good food and conducive environment for discussing business. Our 4-course luncheon allows vou a choice of appetisers, soups, main dishes including roast from the silver wagon, desserts from the ouflet counter and coffee or tea. 4-course Candlelight Set Dinner $20139 words
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ASIA-PACIFIC
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275 1986-11-11 5 AFP LOCAL ELECTIONS in Taiwan in December will be a "litmus test" for the popularity of the ruling Kuomintang (KMT) government, according to a Hongkong-baaed riak analysis firm. Indications were that the KMT waa becoming more flexible towards both domestic snd foreign politicalAFP - 275 words
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545 1986-11-11 5 UPI CALIFORNIA HAS an opportunity to play a key role in the emerging economic power of the Pacific, but it ia feared complacency may Jeopardiae the atate's chance to help sharpen America'a competitive edge in the global market. "There ia very little awarenessUPI - 545 words
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495 1986-11-11 5 NYT AS THIS MONTH BEGAN, Yasuhiro Nakaaone accomplished something that no Japaneae premier had managed in 18 years: he entered his fifth consecutive year in office. Japaneae political analysts are treating the start of Mr Nekaaone'a fifth year as a significant milestone.NYT - 495 words
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157 1986-11-11 5 Reuter AN INFLUENTIAL advisory group said yesterday that Australia's unemployment rate could be aa high aa 15 per cent almost double official eatimatea. The committee for economic development of Australia'a atrategic issues forum aaid its study showed that rapid technological development had raiaed akill levels,Reuter - 157 words
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Article805 1986-11-11 5 ARRIVALS Operator itnrKt number local itaw From MAS StA AC CPA MAS MA GIA StA swt StA THAI SIA MAS GIA SIA SIA GiA SV SIA SIA StA GtA SIA StA StA THAI AY iurr GtA UM GtA THAI CPA MAS GtA MAS MAS ANZ StA SIA805 words
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Page 5 Advertisements
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Advertisement23 1986-11-11 5 INTERNATIONAL 581 Orchard Road, Singapore 0923. Tel: 737-2233. In association with rungimex ssrana A o» OtMM (S) PTi LTD The Royal tordanian Airline.23 words
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Advertisement134 1986-11-11 5 fI \l Jf Ifl If The business person's choice, every I 1 II I I Tuesday, Thursday, Saturday and I 1 f|x 1 f I \l I 1 f Sunday. Leaving Changi Airport at I VyX _L 22:00 hours and arriving at Lester B. Reorson International Airport the following morning134 words
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Page 5 Miscellaneous
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Miscellaneous13 1986-11-11 5 Doonesbury WS A I 1 t r U* H ii BY GARRY TRUDEAU13 words
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REST OF THE WORLD
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Article, Illustration518 1986-11-11 6 Reuter, UPI ATEF SEDKI, an economist appointed Egyptian Prime Minister by President Hosni Mubarak, has promised better times for the economically-beleaguered nation's 51 million people. The appointment of Mr Sedki on Sunday followed the resignation of Premier Ali Lotfi after 14 months inReuter,; UPI - 518 words
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223 1986-11-11 6 Reuter OPEC's price-fixing committee will meet in Quito from Nov 14-15 at the invitation of the Ecuadorean government, said Deputy Energy and Mines Minister Fernando Santos Alvite yesterday. Recommendations from the committee, made up of Kuwait, Libya and Ecuador and chaired by KuwaitiReuter - 223 words
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Article, Illustration511 1986-11-11 6 AP CHANCELLOR Helmut Kohl's prospects for re-election received another strong boost with the Christian Democrats' stunning defeat of Social Democrats in the Hamburg state elections. In the last ballot before the Jan 25 national election, Mr Kohl's Christian Democrats emerged from Sunday's balloting asAP - 511 words
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Article245 1986-11-11 6 UPI LEADERS of the communist world convened for an economic meeting in Moscow yesterday that is also expected to endorse the Kremlin's position on arms control. The arrival announcement on Sunday by the official Tass news agency listed the leaders but gave no indication ofUPI - 245 words
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420 1986-11-11 6 AP THE US personal income tax changes that go into effect next year have churches and non-profit organisations worried that the spirit of sweet charity may be choked off because of changes in the ways donations are deducted. They expect the Federal TaxAP - 420 words
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Page 6 Advertisements
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Advertisement278 1986-11-11 6 THE ONLY WAY TO GET A &7RQraSK|6XR& NOWBfO BUY ONE SECOND HAND. (Ifyou can find anyone prepared to sell one on the firsthand) The Citroen BX 16 TRS is sold outWogetanew one you will have to place an order for our December shipment And you'll have to place it soon.278 words
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BANKING AND FINANCE
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791 1986-11-11 7 NYT US CREDIT MARKETS, already reeling from a heavy supply of new treasury securities, were jolted late last Friday by a reminder that Federal Reserve monetary policy was a twoedged sword that could ser\d interest rates higher as well as lower. ANYT - 791 words
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662 1986-11-11 7 UPI A TIME of nervous waiting has settled over the American savings and loan industry, which experts said is more threatened than ever because Congress left town without pauing a plan to recapitalise its depleted insurance fund. The thrift industry isUPI - 662 words
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215 1986-11-11 7 TAKING ITS CUE from DBS Bank, the United Overseas Bank cuts its prime rate by a quarter point to 5.5 per cent from today. Its savings rate is reduced by half a point to 2.5 per cent, making it the first215 words
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469 1986-11-11 7 Reuter THE COLLAPSE of debt restructuring talks between the Philippines and its commercial bank creditors is not a major setback for the country. There will be no immediate effect on the domestic economy, government officials, bankers and businessmen said on Sunday.Reuter - 469 words
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Page 7 Advertisements
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Advertisement43 1986-11-11 7 iji K-l hC(H'ITRj> %Vv .1 SI VI Moon phases" gents' model by JitegerLe Coultra Automatic movement with complete calendar. 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 Bhd43 words
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Advertisement264 1986-11-11 7 Jefaime opens at Wisma Atria with a new concept in pricuig. Nett Price Je t'aime has eliminated the practice of giving discounts. Prices are now fixed at nett. What Does It Mean? v It means you pay for the exact real value of the items and no more. It also264 words
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MONEY AND EXCHANGES
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121 1986-11-11 8 Reuter THE CHANCELLOR of the Exchequer Nigel Lawson says he does not want any further fall in the value of sterling. Speaking on a BBC chat show yesterday, he said sterling's recent depreciation had accommo- dated a fall in oil prices, but added:Reuter - 121 words
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Article384 1986-11-11 8 HONGKONG: GOLD yesterday closed firmer but with pared gains mainly on late overseas selling, dealers said. They said the market opened firmer on local shortcovering following news that the Opec price-setting committee will meet in Ecuador later this week. Sentiment was cautiously optimistic as the metal appeared technically384 words
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178 1986-11-11 8 Reuter SIMEX currency futures closed higher in quiet trading on some speculative buying, dealers said. They said there were no fresh factors to stimulate activity. Rumours that US Secretary of State George Shultz may resign helped sentiment but the rumours were denied byReuter - 178 words
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Article424 1986-11-11 8 GOLD (US$ a troy ounc«) Opon High Low Son Vol Opon (Est) Int* DK 86 ***** 412 20 ***** ***** 10 429 Actuol Vol on No. 7 lor Ok 86: 21 Closing ro< Dk 86: 412 20 DEUTSCHEMARK (USS/DM) Opon High Low Son Vol Opon Int* (Est) Dk 86424 words
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Article791 1986-11-11 8 Reuter SINGAPORE: THE US dollar yesterday recovered against major currencies in moderate late trading on European short-covering, but was still below New York's Friday levels, dealers said. They said the dollar's initial fall was due to selling on speculation over a New York Times report that US SecretaryReuter - 791 words
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Article223 1986-11-11 8 Asian market ASIAN DOLLAR deposits rates yesterday closed steady at firmer opening levels in quiet afternoon trading. Asian dollar CD rates were unchanged at the morning's slightly higher levels in quiet trading. One, three and six months closed at a flat 6.05/5.95 per cent. Interbank deposit rates 7 doyi 1223 words
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Article, Illustration129 1986-11-11 8 THE OVERNIGHT rate on the Singapore interbank market closed at 7/8 per cent yesterday, down 3/4 point from Friday. The term rates remain unchanged across the board. Mcitn the ivtrife of (fit priM Mm rates of 12 major books oporotint Singapore S$ Interbank rates at 7pm yesterday: Offer129 words
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Article79 1986-11-11 8 Reuter CHINA must open up its domestic foreign exchange market to keep pace with the country's increasing foreign trade, to make better use of its forex and combat a potential black market, financial experts said. The People's Daily overseas edition quoted the unnamed expertsReuter - 79 words
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Article190 1986-11-11 8 Interbank rates at 3pm yesterday 1 ■M Ii n »i*«r Local dollors to on* unit of foreign currency: US dollar 2 1905 2.1915 ***** -22.31 Sterling pound ***** ***** ***** 5733 Austrolion dollor 1.4139 ***** 3 4266 -58.76 NZ dollar 1.1335 1 1362 3 4286 -6694 Conodion dollor190 words
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Page 8 Advertisements
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Advertisement233 1986-11-11 8 JJ you're an enterprising businessman you can see the potential in exporting to distant places. But just like a voyage into space there are also potential dangers in realising your investment. One of the main worries when exporting to a foreign country is late or non-payment by your customer. That's233 words
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Advertisement87 1986-11-11 8 STYLE'B7 Fabrics Garments Shoes Accessories (TRADE ONLY) November 13th to 16th, 1986,11 am —6 pm the Cm\ Hyatt Regency Hotel MOTEXHA A9AB6 3rd floor, booths I to 43 Tha Austrian Trada CommiMionar Tanglin P.O. Box 238 Singapore 9124 FABRICS FOR GARMENTS BLAAS LEINEN F.M. HAEMMERIE FRANZ M. RHOMBERG SCHIELSEIDE STAFF87 words
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WORLD BACKGROUND
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1005 1986-11-11 9 Reuter THE GULF STATE of Qatar is pinning its hopes for a mediumterm economic revival on huge untapped gas reserves, but immediate prospects are clouded by a serious shortage of government funds, bankers and diplomats said. Declining oil prices have forced QatarReuter - 1,005 words
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349 1986-11-11 9 AP AFTER a decade of work, Thailand has resurrected its Camelot, an ancient royal capital where free enterprise flourished and commoners had only to strike a palace bell before entering to see the king. The erosion of Sukhothai's artistic glories through tropical humidity, clawingAP - 349 words
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470 1986-11-11 9 AFP ASIAN LOBBYISTS in Washington are preparing their arguments against the comprehensive trade bill they expect the new Democrat-con-trolled Congress to rush to the statute books when it reconvenes in January. Expected to lead the legislative push is Texan Senator LloydAFP - 470 words
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Page 9 Advertisements
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Advertisement163 1986-11-11 9 In NZ Dollars your money could be earning around Rates vary throughout the day, but because we're owned by the Government of New Zealand, we will probably be able to give you the best rate in the world for your fixed deposit of a minimum NZ$5O,OOO. No commissions or withholding163 words
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Advertisement315 1986-11-11 9 Specifications may be subject to change. LUXURY FC»THOSE WHO KNOW THEIR OWN WORTH. The days when you were prepared to accept the bate essentials in a car ate over. Especially when you're prepared to pay the price of an executive saloon. Treat yourself to the 1987 Toyota Cressida and you'll315 words
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FEATURES
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Article506 1986-11-11 10 ADVERTISING FOLKS like to refer to one survey that ranks their "profession" near the bottom on the ladder of public respect. There, they were placed only above used car salesmen. Other than very good salaries for very good talents, the rewards reaped by advertising folks,506 words
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Article, Illustration951 1986-11-11 10 ESTHER IVEREM - There isn't just a generation gap between parents and children; there's a fitness gap too. While health-conscious parents have become fitter, children have become fatter. And in America this means new opportunities for business. ESTHER IVEREM reports. ESTHER IVEREM NYT SOME AMERICAN businesses and physiciansNYT - 951 words
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343 1986-11-11 10 Haw Par it's not for sex and gore Letters to the Editor DEAR SIR, BT leader on Nov 1, 1966, expressed the view that to remove the sex and gore from Haw Par Villa will mean no tourists, so better to have no consultants. I have visited Haw Par Villa343 words
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Article100 1986-11-11 10 MICHAEL MOEY - MICHAEL MOEY DEAR SIR. I refer to your editorial of Nov 4, 1966. Correct me if I am wrong but if my memory serves me right, the Six-Day War happened in 1967 when the Israelis captured the Sinai, Golan Heights and the West Bank in100 words
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187 1986-11-11 10 DR HANS CHRISTOPH RIEGER - DR HANS CHRISTOPH RIEGER Visiting Fellow/Adviser Institute of Southeast Asian Studies DEAR SIR, This has reference to your feature article entitled "Diverse views on common market" (Business Times. November 4, 1966). One of the reasons for diverse views on the issue is187 words
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Page 10 Advertisements
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Advertisement205 1986-11-11 10 Piecemeal solutions to individual problems can create more problems. To make all the pieces really work as one, call Wang. PCs to PCs Add a Wang VS minicomputer and Wang System Networking (WSN) and instead of just sitting there, your standalone PCs can become part of a local or remote205 words
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Page 10 Miscellaneous
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Miscellaneous734 1986-11-11 10 CRYPTIC PUZZLE ACROSS 3 Like a novice confuting blue with yellow (5) 8 By getting out, he's side at heart (5) 10 Looked about five, though two yeors older (5) 11 Bond's match! (3) 12 Lessen what the sailor consumed? (5) 13 Can It be altered by footwork? (7) 15734 words
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SPORTS
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465 1986-11-11 11 WALTON MORAIS - By WALTON MORAIS THE COLOUR and nostalgia that marked Sunday's finals of the DHL Singapore Open grasscourt tennis championships were quite appropriate for a lot of reasons. Sixty five years after the first grasscourt championships at the Singapore Cricket Club courts, the tournament465 words
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612 1986-11-11 11 MIKE THUMBA - By MIKE THUMBA IN THEIR CONTINUING efforts to build more bridges of lasting friendship among the countries in the region, the 10-member countries of the Far East Bridge Federation decided to hold its 30th Bridge Championship in China. The decision, made at612 words
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461 1986-11-11 11 Reuter JOHN McENROE, playing his finest tennis when it mattered moat, scored a 8-2 1-8 7-8 5-7 8-2 triumph in Belgium over talented Czechoslovak Miloslav Mecir in the final of the European Community Championships (ECC) on Sunday. It was his fourthReuter - 461 words
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Article130 1986-11-11 11 Reuter THE WORLD'S squash players will vote this month on depriving tournaments in South Africa of their association's grade status, International Squash Players Association (ISPA) officials said. ISPA withdrew grade status from South African tournaments at last November's world open in Cairo and manyReuter - 130 words
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Article177 1986-11-11 11 AP TAIWAN'S Tu Ai-Yu beat Americans Mary Beth Zimmerman, Becky Pearson and Cathy Kratzert in a suddendeath playoff on Sunday and won the US$3OO,OOO Mazda Japan Golf Classic. Tu won the playoff when she bogeyed the 364-yard, par-4 17th hole, the fourth hole of the playoff,AP - 177 words
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Article, Illustration509 1986-11-11 11 "I DON'T WANT to heve anything to do with Maleysian tennis euthorities," the 19-yeer-old wes seying now. "All they went to do is trsin me for six months, send me for e tournement here end there in Indonesis or the509 words
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Page 11 Advertisements
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Advertisement30 1986-11-11 11 RADO DiaStar «Anatom» Diamond-polished Convex Sapphire Crystal. Scratchproof. Waterproof. 152.0202.3.031. T- RADO SERVICE CENTRE: NEW HORIZONS SINGAPORE PTE LTD 35 Selegie Road #81-06 Parklane Shopping Mall, Singapore 0718. Tel: *****11/2.30 words
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Page 11 Miscellaneous
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Miscellaneous1158 1986-11-11 11 iTiVWVNDIRWDTO r<v V "> Three senior citizens in their 70s decide to rob a bank. TUESDAY PREMIERE Going In Style 10.30pm, Channel 5 George Burns, Art Carney and Lee Strasberg play three retirees who are so bored of spending their days on park benches and their nights watching television that1,158 words
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INTERNATIONAL COMPANY NEWS
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807 1986-11-11 12 Isro argues over-regulation may drive business out of London FT INTERNATIONAL SECURITIES Arms operating in London are proposing that, under Britain's new investor protection law, the tnioimum capital requirements placed on them for equity trading ahould be far lower than inFT - 807 words
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523 1986-11-11 12 FT GARY LYNCH, the US Securities and Exchange Commission's director of enforcement, gives the impression that he enjoys his job of bringing to book insider traders, market manipulators and other perpetrators of unscrupulous securities market practices. "The investigation of insider lading is muchFT - 523 words
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Article, Illustration349 1986-11-11 12 AFP HIGH-RANKING US financiers have followed Wall Street all the way to Beijing to trade experiences with their Chinese counterparts in China's first financial symposium which opened on Monday. The financial high-flyers from New York will take part in a series of mutual exchangesAFP - 349 words
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165 1986-11-11 12 Reuter E F HUTTON Group Inc, which ended takeover talks with Shearson Lehman Brothers Inc, has announced a major management change and said it plans to follow a strategy of independence. Hutton said its president and chief operating officer, Robert Rittereiser, will take on theReuter - 165 words
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Page 12 Advertisements
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Advertisement470 1986-11-11 12 %a/2Sk. 2®! am M m Wmm to win*. Mm eatersala I; *s>c% Delight in the appetizing aroma of seafood, beef, spare ribs or Italian noodles with veal meat balls.. stewed and served in an earthen casserole. Enjoy these different stews, with wines by the glass to perfectly complement your selection.470 words
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Advertisement126 1986-11-11 12 Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to come for lunch or dinner §9 any day. *SBI CROwn 9 fWCE HOTEL126 words
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ASIAN STOCKS
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Article383 1986-11-11 13 HONGKONG: Share prices closed weaker yesterday in fairly quiet and dull trading as the market continued to consolidate. Brokers said sentiment was mixed after news Cheung Kong and Hutchison would issue bonds convertible into Cathay shares. They noted speculation Cheung Kong and Hutchison would use immense cash resources for383 words
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Article239 1986-11-11 13 NOV 10 NT t Intl Invest Trust 595.00 26.10 7 -03 All Sincere Indue Asia Cement Cathay Cons 1.63 27.70 34 50 -0 03 -0.1 •1 Kuochan Dev La* Chang Yuan Cham Indus Lien Hwa Indue 23 20 29 60 23 40 35.20 0.3 -0.2 1 0.1 Chang Hwa239 words
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Article372 1986-11-11 13 TOKYO: Speculative buying boosted share prices in moderately light trading yerterday, pushing the market average to a close above 17,000 for the first time in seven sessions. The index ended 79.56 higher at 17,053.20, after advancing 215.29 last Friday. Turnover was 340 million shares compared with 600 million last372 words
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Article75 1986-11-11 13 NOV 10 pesos 1Mar* tee! Oriental B 0.024 0 001 Phil Overseas 0 026 ♦0 002 Acoj# Mining Philax B ...0.34 unch Anglo Phil Apex Mining B.... 0.023 0.001 Picop B PLOT '275 -2 5 San Miguel B ...79.50 unch 0 001 0014 0 001 Benguet Con. B 10975 words
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Article425 1986-11-11 13 SYDNEY: Australian share markets yesterday retreated from Friday's record closing levels in unsettled trading with gold shares and scattered profit-taking in industrial stocks leading the market down. At the close of trading the All Ordinaries Index had slipped 2.8 points from Friday's record close to 1,400.7 after reaching an425 words
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Article113 1986-11-11 13 NOV 10 1 VON 1929 19 Kai Kangwon Ind 1270 ...•70 -36 15 563 -17 Koton Ind I960 13 Dmwoo Corp Daewoo Heavy Detahin Securities Dong M\ Pnar Dong Sufi Stock Dongtou Stoat 1166 1325 •66 25 Korea Long Term. 1440 1540 -10 -10 2750 825 -40 -6 Oriental113 words
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Article141 1986-11-11 13 Reuter BANGKOK: The Stock Exchange of Thailand Index yesterday improved 0.92 to 182.76 on a turnover of 920,761 shares valued at 134.3 million baht. Reuter NOV 10 BAHTS Stam Citizens Stam Citizens suep susp Asia Fibre Ayudhys Irmsstmso Bangkok Agro-ind 206 unch 7 Sism City 560 -►2 .46.50 0Reuter - 141 words
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Article39 1986-11-11 13 Reuter THE NATIONAL Companies and Securities Commission has exempted Pioneer Concrete Services Lid and two listed associates from sections of the Takeover Code that prevent them from making profit forecasts and statements on asset valuations. ReuterReuter - 39 words
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502 1986-11-11 13 Reuter THE AUSTRALIAN stock market, which jumped to an all-time peak last Friday on sustained demand from foreign and domestic investors, set another record yesterday and was expected to go higher, at least in the short term, stockbrokers said. The marketReuter - 502 words
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Page 13 Advertisements
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Advertisement552 1986-11-11 13 %i)/> V-, I Wiiere id wiae, «tia« aai Ril Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado, Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other552 words
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Advertisement102 1986-11-11 13 MOOI CHIN PALACE O RESTAURANT (Chop Bee Tin) is back in town to serve you at mm t*.c« A FUNAN CENTRE Our Specialities: Pomfret Sambal Prawn Sambal Fried Chicken in Soya Bean Sauce Steamed Crab Claws Hainanese Pork Chop m IvWV m ?> W--sV kV\vN 4: FUNAN CENTRE: #01-05 (Facing102 words
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RAW MATERIALS
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474 1986-11-11 14 AP GROWTH IN GLOBAL DEMAND for most agricultural commodities is likely to wane through the end of the decade, as market demand in developed nations stagnates. A study released last Sunday by the Food and Agriculture Organisation says surpluses in seme developed nations, where foodAP - 474 words
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419 1986-11-11 14 FT JAPAN HAS DECIDED to mount a drastic rationalisation of its coal industry, reducing output by a third ovsr the next five years and putting thousands of miners out of work. The heavily-subsidised industry, which provides 20 per cent of JapanFT - 419 words
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480 1986-11-11 14 AP THE AMERICAN agriculture department is scrambling to look over the Soviet Union's 1986 crop for evidence to support Moscow's claim of a bumper grain harveet amounting to 210 million tonnes. "We're waiting for further information," said Kathryn Zeimetz, one of the USDA's Soviet-watchers. "We'reAP - 480 words
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95 1986-11-11 14 OanaYonhap SOUTH KOREA had invested U*****.25 million in an overseas energy development plan as at the end of September, since it embarked on the development of the West Msdura oil field in Indonesis in 1961, the Korean Ministry of Energy snd Resources said lastOana- Yonhap - 95 words
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211 1986-11-11 14 NYT THE CANADIAN government imposed a countervailing duty on American corn imports last Friday, the first such duty ever imposed on the US by any nation. The duty will amount to more than 70 per cent of the current price of corn.NYT - 211 words
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Article142 1986-11-11 14 Chlneae Produce Exchange S#H#n' noon doting prions Nov 10 (SS/100 kg). Coconut oil Bulk FOB Old drum FOB New drum FOB en 4500 56.00 6200 Kobutfa 20/25% FOB NSW Nutmeg 110 FOB NSW BWF FOB NSW Gambler ***** 1405.00 *****0 FOB NSW 330.00 Copra Mixed (loose) 38 buyers142 words
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Article953 1986-11-11 14 Reuter COFFEE ROBUSTA FUTURES yesterday continued to edge lower in dull trading up to the midday recess, ending the session with losses of £30 to £10 a tonne. Dealers said the downturn was mostly influenced by firmer sterling in the absence of fresh news and physical activity. However,Reuter - 953 words
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Article209 1986-11-11 14 MALAYSIAN crude palm oil prices yesterday closed higher on covering and speculative buying interest, in line with the rise in palm oil futures and following a firmer Chicago soyoil futures close on Friday. Palm oil offtake by India and Pakistan last week also boosted sentiment, dealers said. Nov209 words
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Article89 1986-11-11 14 OIL PRODUCTS IN THE FAR EAST petroleum products market naphtha and heavy fuel oil weakened slightly but other products remained stable. Japanese interest for most products remained concentrated on December arrival. Closing prices for crude (fob origin) USI/borrri Owng* Dubai (Dad 1360 +0.12 WTI, West Texas Intermediate. (Dec) 15.26 +0.1889 words
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Article94 1986-11-11 14 Reuter THE PRICE of Hn on Vie Kuala Lumpur Tin Market, KLTM, yesterday fell one cent to ctoee at Mfls.4t They said Vie seslnssa was attributed to Internes s gainst M on Friday, mainly on eccumuleoon Oftf in# wHttna. But, continued strong buying from Japan and renewed EuropeanReuter - 94 words
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Article66 1986-11-11 14 Bangkok (us$/MM. row Whit* Rio* 100% I* dam 255 100% 2nd dam 220 00% 3rd dam 2)5 5% 205 10% 200 19% 1f5 20% 186 25% 175 35% 175 Broken Rica A-1 Sup» 128 A-1 Spadol 125 CI ipadal wnq CI Ord uaq Loonzotn Rio* 100% 1« grob» jnq66 words
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Article246 1986-11-11 14 Reuter SINGAPORE THE MARKET closed firmer with December One RSS buyers quoted at 184.00 cents/kilo, up two cents from last Friday's closs, dealers said. On the TSR-20 market, trading was light but prices firmed mainly on shortcovering and buying of nearby poeitions. December and January closed at 166.50 andReuter - 246 words
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Article312 1986-11-11 14 RAS prices In S cantiAe. FOB In botoi 1 NOON CLOSE ftvyon r-M w®wr» Bwyor i Solon Int 1 ISS Prompt ***** 184 .OON ***** i 85 OON Int 1 ISS Doc 06 ***** 183.50 184 00 ***** In* 1 ISS ion 87 ***** 183 50 183312 words
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Article99 1986-11-11 14 Icants/kg. 1 -ton pollaft) DEC 86 JAN 87 (currant month) irofwora imnilh NOON NOON RAS tvyar i Saltan SSI 20 170 SO 172 SON 171 JO 173 JON SSI SO 167 50 169 50N 160.50 170 SON MREL6 Ivyan Sal*, l-ran SoNon SMI cv ***** 267 OON99 words
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Page 14 Advertisements
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Advertisement496 1986-11-11 14 NOTICES IN ID MATTES OP TB COMPANIES ACT CAP 1* AND IN TIE MATTES OP OTABJO mPPDNS CO (PTE) LTD ■islliHis) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185, that a final meeting of the members of the abovenamed company will be held at496 words
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Advertisement443 1986-11-11 14 or At an Extraordinary General Meeting of the members of MARINE SEPARATORS PRIVATE LIMITED, duly convened and held at Apt. Blk. 531, Upper Cross Street, #03-63, Hong Llm Complex, Singapore 0106, on Friday, the 7th day of November, 1086 at 11.00 a.m. the Special and Ordinary Resolutions set out below443 words
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Advertisement528 1986-11-11 14 IN THE MATTES OP THE COMPANIES ACT, CAP. IN AND IN THE MATTER OP JET TREE (SINGAPORE) PTE LTD (la Velaatary UfaMatfaa) NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap. 185 that a Final Meeting of the members of the528 words
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SHARE INFORMATION
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Article, Illustration4136 1986-11-11 15 WITHOUT ANY positive news to shore up sentiment, share prices on the Singapore stock market continued to tumble yesterday. The Straits Times Industrial Index dropped 15.61 points to 878.78 while the BT Composite Index declined 19.09 points to 774.44. Total turnover fell4,136 words
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Article244 1986-11-11 15 SINGAPORE lndiCM Rises 7 no* 10 |TCompo*a ***** 77*4» IT Indicator *****774 2*4411M M Cabin 217 *11 JJ* C n Tom 2B8 6 8T CADI -*511 -MIC L*,o ML MS +S T <*V 14*2*5 133M4 ETC? .5 «2 h ut, u 4.0 ST Rnanca 2100.33 2062-58 98244 words
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Article3842 1986-11-11 15 810 and offer prices officially listed and business in and reported to me Stock Exchange of Singapore yeetsrday with the number of shares traded shown In brackets in lots of 1.000 units unlees otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,842 words
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Article281 1986-11-11 15 QLENEALY PLANTA>— HONS (MALAYA) Berhad: 27th AGM at Wisma Tan ko, No.1, Jalan S.P. Seeiv- 0 ivasagam, Ipoh, Perak,-/*. Malaysia tomorrow at}j 11.30am. MCB HOLDINGS Berha*:^ 12th AGM at 18th Floors (Unit A) Resource House* 10 Jalan Raja Laut *****. i". Kuala Lumpur, Malaysia on Thursday, Nov 13,281 words
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Page 15 Advertisements
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Advertisement13 1986-11-11 15 See page 16 KL market report, Business done on the KLSE, Page 1613 words
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COMPANY NEWS
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Article, Illustration584 1986-11-11 16 Tie-up with Nishimatsu clinches four contracts worth $469 m LUM CHANG Holdings'» joint venture with Nishimatsu Construction Co of Jspsn has achieved the distinction of being the largest civil and structural contractor to the Mass Rapid Transit Corporation based on contract value secured.584 words
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544 1986-11-11 16 F N M'sia keen on food processing MBT FRASER NEAVE is entering the food-processing business in Malaysis. The general manager for F N Malaysia, Mah Peng Kong, said that the company was looking into the possibility of processing some food crops planted on a commercial basis. However, F N doesMBT - 544 words
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Article, Illustration389 1986-11-11 16 PERTH-BASED Malaysian businessman Stephen Chew has hit back at the National Australia Bank and Citicorp Australia, which have appointed receivers and managers to his company, Osborne Metals Ltd, according to a report in the Australian Financial Review. Mr Chew said the389 words
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Article2095 1986-11-11 16 810 and offer pricas officially itstad and businaaa in and raportad to ma Kuala Lumpur Stock Exchanga yastarday, with tha numtoar of sharas tradad shown in brackata in lots of 1,000 units unlaaa otharwlsa ipactfiad. INDUSTRIALS AJnomoto (2908 3025) Aloom (63.58 645) (61 64 (1)2,095 words
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Article84 1986-11-11 16 Reuter CATHAY PACIFIC Airways Ltd has converted into a firm order an option for a Boeing Co *****0 stretched upper deck passenger jet. Cathay officials said the US$lOO million jet would be equipped with Rolls Royce RB 211-524 C 2 engines and would be delivered inReuter - 84 words
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Article66 1986-11-11 16 Reuter JF SPECIAL Holdings Ltd. an investment arm of the Jardine Matheson group, said discussions are taking place which might lead to an offer being made for the firm's entire capital in issue. The statement was made following yesterday s suspension of trading inReuter - 66 words
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537 1986-11-11 16 A CONTINUED LACK of buying interest saw share prices retreat for the fifth consecutive session on the Kuala Lumpur stock market yesterday. Confidence was at a low ebb as buyers continued to shy away. The low level that prices had fallen to after537 words
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Article110 1986-11-11 16 HONGKONG Hongkong Index Monday 1396.48 Friday 1404.29 WhIi ogo 1426 69 Hong Song Index Monday *****6 Friday *****6 Week ogo 2258 78 All Industrials Monday 2212.3 Friday 2214.1* Week ogo ***** NEW YORK Dow Jones Friday 1886 53 Thursday 1891.59 Week ago *****1 TOKYO Nikkei Average Monday *****.20110 words
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Article225 1986-11-11 16 Monogers' prices for Nov 11 Singapore Unit Trust Tha Cowa 0*0 0 *7 Tin Saving Fund 0® OJB S'pora frog Fund 035 0.3? S pot Sac fund 0 40 OAS S'pora Invar fund 0.4* 0.7i S'pora Equity Fund 044 046 Asia Unit Trust MM tnvad Fund 12* 1.34225 words
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Article, Illustration369 1986-11-11 17 ELAINE KOH - By ELAINE KOH RETAILER C K TANG LTD, which moved back into the black in the fiscal year ended last March after two years of losses, has turned in a strong interim performance. Group pre-tax profits for the six months to Sep 30, 1966,369 words
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331 1986-11-11 17 Reuter THE MALAYSIAN government has decided to liquidate two of the 24 deposit-taking cooperatives (DTCs) frozen three months ago, and allow banks and finance companies to take over 21 DTCs. One may be unfrozen. A government White Paper, released with a report by BankReuter - 331 words
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Article312 1986-11-11 17 tation of the schemes. REPLYING to a query from the Stock Exchange of Singapore, Sealion Hotels Ltd said that it has no knowledge of whether a Brunei buyer intends to acquire shares in the company. However, it added that the representatives of Standard Chartered Bank on the board312 words
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Article807 1986-11-11 17 Currant Ex loots Date Total for TuSal fur poymunt dot* dosu poyobiu year last yuar A K N I3*%l Aug 19 NYA NYA 13*% 27% A 1 S 1 5%«bl Dec 5 Dec 17 Due 23 5% 10% A Enl®fpfii#i 3%l No* II Nov 21 Due 10 3%807 words
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Article, Illustration695 1986-11-11 17 NAJEEB JARHOM - By NAJEEB JARHOM A NEAR ONE-THIRD stake in food-based Cold Storage (Malaysia) Bhd (CSM) held by Pradaz Sdn Bhd a private investment company last known to be controlled by the family of Malaysian Finance Minister Daim Zainuddin is to695 words
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502 1986-11-11 17 AUSTRALIAN INSTITUTIONS, reluctant to invest in first-class hotels in Australia, have been keen to buy shares in Hotelcorp New Zealand Ltd, a new company with a portfolio of well-located hotels in New Zealand. Hotelcorp, which is controlled by Singapore businessmen Ho502 words
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Page 16 Advertisements
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Advertisement206 1986-11-11 16 ORCHARDOKna 442 Orchard Row! 092) Tel: 7)***** AMPLE PARKINC SPACE j (BtQQMS COWtWg«T*l KMWMI $15F0R4 Blooms Continental Restaurant introduces a Set Lunch Promotion that's sheer value-for-money. For just $15 per person, we serve a full four-course meal with a choice of main course from a selection of three. The menu206 words
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Advertisement18 1986-11-11 16 I St2^ The dawn of robotics ft X\ Jb~AJLLh r w n f > < 1 $4 ON SALE NOW18 words
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Page 17 Advertisements
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Advertisement11 1986-11-11 17 Training improves your ce Let BT show you how every Wednesday.11 words
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Advertisement259 1986-11-11 17 OO o 0 O O, O o o° O o o From this day FORWARD Two leading, Jersey based, fund management companies: Britannia International Investment Management Limited and MIM (Jersey) Limited have joined together to form one of the largest investment fund management companies in the Channel Islands: MIM BRITANNIA259 words
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269 1986-11-11 18 ELAINE KOH - By ELAINE KOH A NEW PRESIDENT of the Law Society will be elected on Friday to replace Mr Francis Seow who was forced to step down following a change in the law governing the profession. The new president will be elected by269 words
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Article, Illustration479 1986-11-11 18 ALVIN TAY - By ALVIN TAY THE LIM FAMILY controlling Emporium Holdings is closing down two joint ventures with the now defunct Millie's Holdings of Hongkong. The two trading companies acted as local distributors for several imported handbags and479 words
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231 1986-11-11 18 Reuter RISING EXPORTS are expected to push Tsiwan's gross national product to a growth of about 9.5 per cent this year, compared with 5.08 per cent last year. Li Kao-Chao, an aconomist at the Government Council for Economic Planning and Development, aaid thatReuter - 231 words
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246 1986-11-11 18 AP TOSHIBA CORP will expand operations at its Singapore branch early next year and open a new colour television chassis plant in Mexico this month. Toshiba Singapore Pte Ltd will be the main hub for Toshiba's business with countries in Asia, the Middle EastAP - 246 words
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Article87 1986-11-11 18 Reuter BANGLADESH'S nearly four-and-a-half years of military rule ended yesterday when President Hossain Mohammad Ershad lifted martial law and returned the country to democracy. A proclamation signed by President Ershad said that he was renouncing his title as Chief Martial Law Administrator, and restored theReuter - 87 words
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221 1986-11-11 18 Bernama MALACCA Chief Minister Detuk Seri Abdul Rahim Thamby Chik has called on Aeean countriee to pool their reeources in the field of civil aviation. This, he said yesterday, was necessary to improve cargo and aircraft movement in the region and to cater forBernama - 221 words
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Article61 1986-11-11 18 COMEX GOLD FUTURES breezed through laat Friday's highs on scattered buying yesterday morning. Gold for delivery in December roee US$2.OO at U*****.50 an ounce. Silver futures gained 6.0 to 5.0 cents yesterday morning on sympathetic support from a firm gold market In moderate activity, silver for61 words
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Article72 1986-11-11 18 Reuter WALL STREET stock prices inched lower yesterday following the cue of the bond market, which remained depressed from last week's disappointing treasury refunding and news that indicated the Federal Reeerve could tighten policy if money supply growth did not subside. The Dow Jones Industrial Average, comingReuter - 72 words
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LATE FILE
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Article50 1986-11-11 18 Reuter THE SOVIET UNION has offered to launch Thai communication* aatallitaa on a commercial basis, Soviet Trada Commissioner Yuri Mikhailov said in Bangkok yesterday The propoeal has been linked by Weetern diplomats to a Soviet offer to buy Thai sugar shut out of US markets. ReuterReuter - 50 words
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Article37 1986-11-11 18 Reuter THE EUROPEAN Community yeeterday agreed on an arms embargo as part of a package of sanctions against Syria over its alleged role in uw luOmpiOG DOmDing Of ttfi Israeli airliner. ReuterReuter - 37 words
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Article47 1986-11-11 18 Reuter PRINCE Norodom Sihanouk has rejected new Vietnameee propoeats that he hold peace taivcs will iMOSfi Of tn# pro* Hanoi government Vietnamese representatives proposed in France last Friday that Prince Sihanouk and leaders of other guerrillas groupe hold peace talks in Vienna. ReuterReuter - 47 words
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Article46 1986-11-11 18 Reuter THAI railway police yesterday ruled out sabotage as the reason runaway locomotives had amaahed into Bangkok's central station at the weekend, killing four people and injuring three. They said that they suspected carelsssnsss as the cauee of the accident ReuterReuter - 46 words
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59 1986-11-11 18 Bernama heard on Thursday KUALA LUMPUR High Court will hear on Thursday an application by the publisher of the As/an Wall Street Journal, Dow Jones Publishing Company (Aaia) Inc, for leave to apply for an order to quash the government's decision suspendingBernama - 59 words
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Article31 1986-11-11 18 Reuter CAMERAS rolled and cinemas prepared to reopen yesterday in India's Hollywood, Bombay, after a 31-day strike that shook the heart of the world's biggest film industry.Reuter - 31 words
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Page 18 Advertisements
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Advertisement249 1986-11-11 18 V- -t" •<* > k m i jfl)i >#! a*t« 3s rWNKSlhli f Wiß6! t, -<'® k^; '3v*e v ir n ~ifpwi| wruuwi ija.ij «%V- -v'PNlf -:r -i'-*- fe#S%T-*f: tV-v -J,. V L <«4«a To float or not to float? SESDAQ Workshop. have been very successful and the similarities with249 words
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Page 18 Miscellaneous
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Miscellaneous0 1986-11-11 18 ,!}"+_>)|".^{;<(@&_^{{|>]>&!?<+0 words
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SHIPPING TIMES
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Article, Illustration402 1986-11-11 19 LINDA CHEE - By LINDA CHEE A TRADE MISSION from the Port ot Los Angeles has offered the Port of Singapore Authority access to its worldwide network of representative offices to establish overseas business contacts. It is slso willing to impart its experience in building402 words
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200 1986-11-11 19 Reuter A SUBSIDIARY of Japanese trading firm Toyo Menka Keishs Ltd sued s unit of the Tung shipping group and its gusrsntors to recover a sum of US$B.O7 million, legsl documents of a Hongkong court showed. Earnest Shipping Co Ltd filed writs last FridayReuter - 200 words
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PORTSIDES
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Article75 1986-11-11 19 Reuter THE AUSTRALIAN and New Zealand/Eastern Shipping Conference has changed the currency adjustment factor from Hongkong to Australia to minus 2.42 per cent from minus 4.46 per cent, effective yesterday. The currency adjustment factor for cargo from Japan has also been reduced to 52 per cent fromReuter - 75 words
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Article43 1986-11-11 19 THE AUSTRALIA Middle-East Gulf Conference said it will raise its war risk insurance surcharge to 2.45 per cent from 2.14, effective Dec 1. The surcharge appliee to cargo to all Gulf destinations except Muttrah (Mena Qaboos), the conference said.43 words
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Article125 1986-11-11 19 FT THE FRENCH GOVERNMENT is to ask the European Commission to investigate possible breaches in the EEC's shipbuilding subsidy code by Fincantieri of Italy over a big luxury cruise ship order from Sitmar Cruises of the US. The move follows Sitmar's decision not to confirm anFT - 125 words
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Article67 1986-11-11 19 THE Port of Singapore Authority takes a stern view on tipping. In a recent incident, Lim Lye Kwee, a general purpose workman in Keppel Wharves, who received $20 from s port user was charged in court after investigation and sentenced to three month's jail. He was67 words
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Article126 1986-11-11 19 Seatrade Week FRENCH AND Soviet officials appear to have patched up the row which threatened to wreck the 19-yer-old bilateral maritime agreement between the two countries. French minister of the Sea Ambroise Guellec said that during talks in Moscow on Oct 23 and 24. government officials had agreedSeatrade Week - 126 words
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Article993 1986-11-11 20 NORTH American grain export voyage fixing dominated a quiet London shipping freights market on Friday. Great Lakes grain reappeared in two trans-Atlantic movements as Xcan paid US$l6 (fio) for 16,500 tons to Holland aboard the mid-November loader Shena and Cargill paid 50 cents more for 18,000 tons to993 words
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Article, Illustration920 1986-11-11 20 KEVIN BROWN - The world's shipping industry has been devastated in the years since the 1973 oil crisis. Now, an improvement seems likely. KEVIN BROWN explains how it might come about. KEVIN BROWN FT THE WORLD shipping industry, which has been in deep decline for more thanFT; Source: Lloyds Register of Shipping - 920 words
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Article698 1986-11-11 20 AB Shpg V 5 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 A PC Line V 4 API III 2/3 ASCI III 1 Bait-Canada line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben line Cont698 words
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Article102 1986-11-11 20 UPI THE CAPTAIN of a South Korean fiehing veeeel wes the "bed guy" who attempted to rape a female US government fieheries observer aboard his ship, Alssksn US attorney Michael Spaan said. The Shin Yang Ho was seized laat Friday about 960 km south-west of AnchorageUPI - 102 words
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Article176 1986-11-11 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 AMRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line176 words
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182 1986-11-11 21 AP NISHII SHIPYARD CO of Japan said on Sunday that it had built and delivered an 880-ton yacht, equipped with a heliport deck, a grand piano and a hi-fi audi 9 room, to Bond Co of Australia, owned by Alan Bond, winner ofAP - 182 words
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451 1986-11-11 21 Lloyd's List THE SPANISH GOVERNMENT is studying a proposal to turn the Canary Islands into an offshors register. The Spenish Association of Shipowners (ANAVE) and the government directorate of the merchent nevy ere currently working on a feasibility study which it is hopedLloyd's List - 451 words
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197 1986-11-11 21 PAKISTAN NATIONAL Shipping Corporation has encountered strong criticism over plans to employ Morgan Grenfell to study its operations. Mr Haleem SkSdiqui, president of Pakistan's Master Mariners Society, said it was "shameful" for a foreign firm to be brought in. "The government197 words
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278 1986-11-11 21 Reuter IRAQI WARPLANES were reported" to have hit two supertankers on Sunday in renewed Gulf War raids on shipping following a recent lull. Military spokesmen in Baghdad said two large naval targets were hit in the northern Gulf off the Iranian coastReuter - 278 words
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Article121 1986-11-11 21 THE FIRST PUBLIC AUCTION of an offshore drilling rig in the UK proved to be an anti-climax as First City National Bank which helped finance the Gkxnar Arctic II paid the US$22 million reeerve price for the USsllom unit The Texan bank has little choice but121 words
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183 1986-11-11 21 AFP BURMA could use Malta's modern transhipment facilities to help it break into European and African markets, Maltese President Agatha Barbara said in Rangoon. Burmese raw materials and partly manufactured goods could be processed in Malta and would then be able toAFP - 183 words
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Article253 1986-11-11 21 AFP MOST CHARTERERS appeared to ba keeping their activity at a mini* mum during the past week in the current climate of oil price uncertainty. Speculation that Saudi Arabia may place greater emphasis on boosting oil prices to around US$lB per barrel by reducing production and that KuwaitAFP - 253 words
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228 1986-11-11 21 UPI SIX anti-nuclear protest- i ers were arrested on Sunday during demon- < strations at Darwin Har- < bour. They were trying to halt shipment of uranium yellowcake to the US and Canada. t Police said three of those arrestedUPI - 228 words
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6534 1986-11-11 26 §®aBG)(IEB A guide to ships loading at Singapore tor 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 of6,534 words
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Article723 1986-11-11 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location lors Moersk 8612 11.11 86 1600 Moersk F2 0700-0600/0700-0600 Al/Bl 0700-0600 F1 Swan Reefer 671S 11.11.86 1730 Sime Darby F5A 0630-0930 17 Ratu Konsort 056 11.11.86 2300723 words
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Article1792 1986-11-11 27 Who acts for whom The leading shipping lines operating from local ports and their agents. A —B A Top Enterprises Pta Ltd Same (S). AB Shipping Boustead Shpg Agendas. Afaa Line African Shpg Agencies (S). Ahrankial Linar Kim Shpg (S). Alfred C Toapfer Oceanus Shipping Aganciaa (S) Multiport Sdn Bhd1,792 words
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Article451 1986-11-11 28 AT CONVENTIONAL WHARVES VttMl KEPPEL WHARVES Concord Echizen Edith M Equator 5 Feiteng Ned Alkmoar Niaga 10 Vom Co 24 Arrow King Camming Horizon Star Inabukwa Johneverett Koto Ratna Ned Westerkerk Ocean Credit Pakarti lima Paelr Panjang Ace Pioneers Safina-E-Haider An Phu Dong Burung 3004 Hakuyo Maru451 words
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Page 19 Advertisements
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Advertisement561 1986-11-11 19 s.i ml u i s (I; >1 >| I >' IH9 I 2 3 l| J OigfNT OVHQUS Cmtamt LINE Mir// MM WK MOOD (M Ih 242*4/ 00) 200 Caatomwt Road #12-05 SmMmL Sfflppore 0201 Ttf *****11 TIIIX NO RS 2417) TIMMM./CFS Ttf *****18 220 BOORMGS Tat *****34 235 KHU561 words
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Advertisement68 1986-11-11 19 THE WORLD'S shipping industry has been devastated in the years since the 1973 oil crisis. Now, an improvement seems likely, prompted by the debt shake-out in the industry. P«g« II THE SPANISH GOVERNMENT is studying a proposal to turn the Canary Islands into an offshore register. Pag« 111 Index to68 words
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Advertisement549 1986-11-11 19 II ■ih sw BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****33 MAERSK LINE KEEP YOUR APPLES FRESH FASTEST TRANSIT TACOMA TO: Peneng Vmm) Voy IS* pore USA. EUROPE. m I il I 111 I! -Wsm I549 words
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Page 20 Advertisements
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Advertisement372 1986-11-11 20 > i V C T TAT IT 1 YAMASHITA-SHINNIHON LINE g vf fTi TRANMACVK SERVICES STRAITS FEEDER Pacific North Wwt I Atlantic/Canada Faadar at Kao I Faadar at Kao nTfii'iin TTTrr»rrnin,', it/iwii'iißLviß zwttaMMlwmiwm i-'.'. fi .thu m■'i nnH r T rnir JMF77JTTr!T 7 nm—rTfTje— i i ■iwimim PCTiUPian H 'liMI372 words
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Advertisement273 1986-11-11 20 EU*6P€/FAA east convcntkmal service VSL FAIRWAY EVKSS KM *000 N PT. of LOG. lenidtft-Hbt fasa^n-Ac-TM effy N none cm GMGOMUSSA MM-Pnaia Szczsd»-*f-M TEL* 03-*****50 MALAYSIA tTH. BHD. TLX ***** MTM Frt Booking contact Miss Gan PT. KLANG M Pari 13/11 4/11 7/11 21/11 M/U Further load/ discharging ports an route273 words
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Page 21 Advertisements
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Advertisement558 1986-11-11 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd 5 s 3 j rrm, ram M Nrt 13/11 ivu a/11 a/11 21/u $4/12 N/12 12/12 14/12 M/ 12 21/12 2S/12 21/12 M/l M/l 11/1 13/1 M/ 12 17/12 14/12 IVI2 21/U 22/12 21/12 29/12 •7/1 M/l •2/12 M/ 12 11/12558 words
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Advertisement557 1986-11-11 21 Franco Belgian Services <¥ ,WFMBER OF ACE CONSOfiIIUM' T I mem Uh(Uh) 1 tec 2lk llk I tec 7 tec Ike BB KM I (mm If te* (17 te*) I»K tec U tec 1J tec M tec 14 tec 00)701 I QMS 7* te» (24 tet) U tec It tec557 words
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Page 22 Advertisements
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Advertisement330 1986-11-11 22 100 Years Liner Shipping Far East 1886-1986 TO CONTINENT/UK EXPORTS nWMMM/ft-M* HHwt Vl2 7/12 1/12 14/12 15/12 17/12 21/12 22/12 24/12 27/12 21/12 31/12 7/1 1/1 11/1 12/1 13/1 IVI 19/1 2V» 22/1 27/1 21/1 31/1 5/2 1/2 1/2 s>m pi 12/11 13/11 19/11 21/11 2S/11 21/11 4/12 1/12 12/12330 words
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Advertisement558 1986-11-11 22 FULLY CONT AINER I S E P SERVICE A Mont-" of the Acf Conso«l>:Hii TO fUROPF Via Sl*/ f ROM EUROPE VIA SUf M a «> ,he cf Consortwrn »caio« m CJL. TOKYO K TtANSHOILD MBtt Ml CI. n« n hill* CONTAIN! RIM U 1,1 !H, M Nl ,H ft558 words
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Advertisement304 1986-11-11 22 ILL Hai Sun Hup C o I id TEL *****0b (20 L.nesl TLX RS ***** RS 206/2 I \S I I K\ \K I K. ill) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I SOU AKEBM SOU NAGOYA SOU KOCH loadnf at apprapriattd Berth P4-P5 NOTE: ALSO CALLM6304 words
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Advertisement658 1986-11-11 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) INBOUND ui vc in n rn ran n n/ii u/m m sua 15/14 14/14 IVI4 OBOMK 17/11 U/M BMECT 23/1* zvm no ana 23/1* zvm 2Vi4no ano u/m z/ii na so** FAR EAST/RED SEA/MEDITERRANEAN OUTBOUND 14/11 25/11 24/11658 words
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Page 23 Advertisements
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Advertisement701 1986-11-11 23 w PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-0G Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE MAJARAMT GOWA KOTA MNOA SIN JKT MY SIN 3/12 5/12 7/12 W/12 fttd Std In PI 14/11 21/11 28/11 27/11 •TCM TAJCHUMO *MUR HKQ KAO *TCM KEE MM 'MUR *MTC YOK KOR701 words
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Advertisement639 1986-11-11 23 BENLINE CONTAINERS EXPRESS CONTAfO SERVICE TO UK/CONTMENT FraMwl bpran btmm Eipmi* LMwpaM B*t CHT M (Mr^i •OP KSKI! EXPRESS COffTAMER SERVICE FROM UK/CONTKHT MM rMKMIHM mm ston UM Mm faM Mri bM faU faM Ouk« by faM SM M M faM kaw Ejprav bM SM tM Mri Uri Nm >M639 words
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Advertisement320 1986-11-11 23 <3 s EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE SMRMTA mm ww nw PMWK 14/W l*W| S2 rit X «4ow: ItS r—S ±~L IyFTT? Ilagj DJAKARTA LLOYD INDONESIAN NATIONAL LINF TTTHF TA*IMB |IJ-ivii I- 11/12 20-20/11 120/12 cowpwot cmgo m i/s to so ram. ma. aUi FKA JAYA AGENCIES SISAL320 words
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Advertisement371 1986-11-11 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line Loadng for Rangoon Spare pagan viom 13/151 MANLMfTMK *32* hi PI MMMLA T *14 15/1 C I HTOEVM *21 IK IS/IS I PA-AN VII3N 11/211 V* BANK LINE HORTHMUM) TO UKC SPORE FORTHBMK VI7N 14/11 TOAM NUGN V 2 19/12 TMJSALA371 words
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Page 24 Advertisements
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Advertisement1308 1986-11-11 24 ECUMMM/KMJ/CHILE Foon *a Mono va F* MBS *27 BU *7123 K LINE KAWASAKI KISEN KAISHA, LTD.— PNE JPOK KOK OMYftQUI CJIU.AO MKA IQUQUI VWMTA S-ANTOMO WIPAMBO 12 Nn 13 Nm 14 Nm lIRn I D*c 21m CENTRAL AMERICA/CARIBBEAN SEA FHmm Mono *s. nac m vac rok vzanuo acmmco pt qotzaiucajutia1,308 words
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Advertisement487 1986-11-11 24 Mb Frta Sr*i Mm Act* iOk 14 Ok 17 Ok AM/Bn» >7 Ok 5 M 3 M AM/Bns 14 M 23 M 21 ho AM/Bm 1 fit 10 F* I F«k AM Bra MDIA EXPRESS CONTAMER SERVICE Acctpting FCL/FCL ConUnm Klii V.C-1 CAM* IN 11 HM 14 DM 15 Nm487 words
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Advertisement501 1986-11-11 24 GOLDEN LINE GUM GUM SHrrfK (PTE) LTD n. T*k ftpr Storf ■—m -muem MM RL sum <»• iao) STRAITS/PERSIAN GULF SERVICE: s BUB WW ww coua nra a«eta/Brto/Mi*«»/K*"M a/a m* DM TIM MM fu*M Walhe tunll n :i.'iv'iv ir 3 »:a n cs Ml 4 I P.T PERUSAHAAN PELAYARAN T501 words
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Advertisement367 1986-11-11 24 IHTPASEA PTf LTD 10 Ansi n P .jd cJ7 If> Inip'n,,' P BREAKBULK SERVICE TO EUROPE/UK oai CO BP HUH RON SHIPPING AGINCIFS PU i W PHIL I OR UN I lINFS PIF I W Wl' fc-'M-N N t. e e S N- ll' iff ,'i *f H ill'* 2AiS367 words
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Page 25 Advertisements
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Advertisement694 1986-11-11 25 NOLI NEPTUNE ORIENT LINES LTD KPTUK AfiEMCt PTE. LTD. Fl EU/AUST m/SM tnwl C« BOOKMES 27W77 *****53 *****42 *****22 *****53 *****42 0* OKCT UCS *****19 *****16 27*111 KPIM SDR BHD )UMI7/)6<6545/)6MH3/*174?« NEPIfC SON. BHD. 2«5771/*****M/2«242» KPUK SON. BHD. *****9/*****5/*****0/*****1/*****2 mr TO EIMOPE/UK (VIA SUEZ): ■CUIM+ amm tm. long aw. iocatm694 words
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Advertisement396 1986-11-11 25 lb. I Dana/MM Hi I OMM/MM lb. 7 Dm MM Ik. hw/MM TM/MJ lb t Dwan/tIM lb I Dnn MM lb 7 Dmn/tIM TM/ill lb omm/CIM tliNl'. SIPIIINI IGlltrilS PU 110 Ifl KM(4 <Hont«„ r //.''MO ??\?0?t i ()pfr jlkkis i .'.'.'.M*; ??W;M .'.'(t.'isn ??o>so4 .tts i Mt >!<.)• il^N!396 words
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Advertisement655 1986-11-11 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Martet Street Smfapore 0104 Tat; *****33 (15 Lims) TnM Office: *****41/2 Cable Address SMSOV SMGAPORE Tetei Numbers RS ***** RS ***** RS 2510S t. KELANG M/S SHARKAT MM SOON SOB BHD. IST ANO 2ND FLOOR. NO 1. IALAN CEMPENMG, PORT655 words
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Page 26 Advertisements
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Advertisement409 1986-11-11 26 inraj! REGIONAL CONTAINER LINES BANGKOK (4 SAILINGS A WEEK) Fri/Sat 12-13/11 Sat/S« TWFri 113-14/11 IS-IC/11 Fii/Sat mtrri "i a 3 rrsr C2E2E Jqgzi [[Hi .'innm [23 EX2ZU CE3 E22ZE TimmiTEgf HUMP 1E22HE5Z1E2211 m irv"i KI v\ i u\! I* JiL^'ilKf^JlL^-BhIWH rmr^nmnrmrr-mrsm HSIUIILT'ii^BIMII m TTTiiT UM rm L'JU^J rm rm ro409 words
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Page 26 Miscellaneous
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Miscellaneous156 1986-11-11 26 K P v «d 2K E r* i.i it SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7*o AJfl. THIS MORNMCL LBGKNDt R Thunderstorm Temperature °C Shower Weather W' Wind direction with *eed in knots Rata Wove height Ooudy Sky °c V Wind direction with *eed in knots full circle Om half156 words
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Page 27 Advertisements
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Advertisement95 1986-11-11 27 FAR EAST'EUROPE CONTAINER SERVICE II TTTTTTTW[CmrTTiyTTMg)tTT»TM|T3J" I[HII r»«ETTI mmv fTTTTif mnQL^ji[IIII u tM EIZII n Irr ■^rirrrT|-T~^7^TTrirT'Mpjt3jßJ[XZJElll[iluClll Icczjaatniici— aaPMnaitiMCMJi ■nzaßmEu 11 'i"'Mf<iifiTinTTninwTrTwnni -i meCTLIIMEZII DUO ACCCnVB FOt: Mmnp. L NUM. UK. MOO. COKNMMEN. OSLO V ■•'4 I RIM, HMI, GOT, UK, MTKRP. OSLO, CfN, MRHUS ALSO ACCEFTM MTEMOMTE CMGO TO95 words
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Advertisement185 1986-11-11 27 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Rott/Antw/ UK (Ti)/ Sete/Nantes PORT KELANG lOTA KMUUU.U CALICO SHPPMG PTE LTD T«t *****(4 Tk: IS ***** CALICO FAX: *****71 PWKAPALAN UTAMA SON BHD Tot *****95/6 KESAWAN SHPPMG SON BHD T* *****7/ 21(539 (3 fcm) RASA MUHBBAH SON BHD Tot 33(7(7185 words
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Advertisement175 1986-11-11 27 MN CONTAINER LINE AUST/N2 SERVICE PJUJM6 STORE 1/11 11/11 ALSO ACCEPTMG TIBER; LCL/FCt TO:BOMBAY BKRBAN CAPETOWN NRT LOUIS Bookings: MAC-NELS AGENCIES PTE. LTD. *****4 MAC-NELS (MALAYSIA) SDN BHD. 03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. F>«nang T* (04) *****6, >***** Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) 12/11 14/11 B. taari/41fi* 2«/ll175 words
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Page 28 Advertisements
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Advertisement178 1986-11-11 28 ft: KAHM MM! DAW SHIITINI. PH I!M 1.-I "i' OXK 'uV > 't. Fast Direct Regular Services to INDONESIAN PORTS JAKARTA/PANJANG/ TIMOR DELI/ PONTIANAK/PALEMBANG n* no laws fat MM MYI 15.11 17 11* MMMtTA/PMHMB/rQRTMM imm iv 1111* nil* na ku^Smhih Doily Receiving Cargo At Jurong Port REMARK WANTED TO BUY178 words
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Advertisement185 1986-11-11 28 f K& S LINE JAPAN STRAITS SE RVICE SANKYO LINE (S) PTE. LTD :i 1 (>< rf 1 1 04 i»R fcrf 1 T*« .71VSS r? P Hjnfi lifj Pu i «ln Hb«! Tel 0 < FVrunf M.liimi I» mV K trjr»\f>o#t Itd Irl. 04 M '8^ n I- I185 words
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Advertisement380 1986-11-11 28 1 b3.3 os- v V//y 4fc Mitsui OS K Lines Ltd a 4* 1k CONVENTIONAL/SEMI-CONTAINER NEDLLOYD MOJI 15 Nov Mombasa. Daressalam MARIA BONITA 26 Nov Port Louis. Reunion CONTINENTAL PARTNER 3 Dec Mombasa. Daressalam AFRICA'S FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY. FRIDAY ADVERTISEMENT. ALTAI MARU 13 Nov P. Noire. Abidjian,380 words
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