The Business Times, 20 October 1987

Total Pages: 28
1 28 The Business Times
  • 10 1 BUSINESS TTMES MCI (P) 112/12/86 TUESDAY, OCTOBER IW7 75 CENTS
    10 words
  • 183 1 Overseas markets Monday HK Hang Song Indox 3362.39 (-420.81) Tokyo NMcoi Avorogo *****.56 (-620.18) Sydnoy AM-Ordlnarios 2064.9 (-80 Friday Now York (Dow Jonos) (-108.36) Exchange ratee THE Singapore dollar yesterdsy closed higher sgsinst the US$ st 2.0856/65 (2.0815/25) on the forex msrkst here. It slso strengthened sgsinst
    183 words
  • Article, Illustration
    607 1  -  Analysts and dealers not willing to declare bull market over By NAJEEB JARHOM BILLIONS OF DOLLARS were wiped out from stock markets around the world yesterday in reaction to the record sell-off on Wall Street last week. "The whole world is now waiting for the Wall Street opening
    607 words
  • 458 1 Reuter ASIA'S three biggest stock markets Tokyo. Sydney and Hongkong went into free-fall yesterday with investors scrambling to sell their shares in the wake of last week's record sell-off on Wall Street. The share markets in Sydney and Hongkong registered their biggest one-day
    Reuter  -  458 words
  • 47 1 THE DOW JONES Industrial Average fall 206.10 pointa to 2040.63 within 90 minutas of trading yesterday morning in a massive sell-off inspired by rising intareat rates, global market weakness and Middle Eaat military tension Turnover amounted to 153.3 million shares.
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  • 241 1  -  &y Ramesh Chandiramani TECHNICAL PROFILE: The landmark slide of the ST yesterday has violated key chart points, in particular the danger-point at 5T1.330, a last-stop msssure chartists uee to determine if a major trend change has occurred. It confirms a market breakdown and hints very strongly that
    241 words
  • 463 1 The National Bank of Brunei trial THE National Bank of Brunei was allegedly mismanaged and plundered through a series of sham investments and circular loandepoeit transactions, the prosecution sought to show in court yesterday. Queen's Counsel Michael Corkery alleged that NBB's management
    463 words
  • 103 1 Reuter EQUITY PRICES on the London Stock Exchange dropped sharply ahead of the Wall Street opening after news that US forces had attacked Iranian oil platforma. The FTSE 100 share index at 1524 GMT steadied slightly with a loss of 285.6
    Reuter  -  103 words
  • Page 1 Advertisements
    • 79 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Sony tighten the Spec'son Floppy Disk D D U I k i Sony, originator of the 3.5" micro floppy disk, now offer the MFD Series, which sets new standards by using VIVAX magnetic particles 20 million passes of the head are also guaranteed with
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    • 299 1 17 I la MUnf, •A* DELIFRANCE, the French cafe/bakery chain, has earmarked up to $5 million for expansion in Singapore. HOME NEWS, Page 2 A DIVISIVE DEBATE on the financial future of the European Community resumed yesterday, with a crunch summit meeting fust six weeks away. REST OF THE WORLD,
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    • 32 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Iv mu/f d» (artier BOUTIQUES kv mu/f d? CarUer #01-36, Lucky Plaza, 304 Orchard Road Tel: *****27. #01-04, Hiton Shopping Galery, 581 Orchard Road. Tel: *****96.
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  • HOME NEWS
    • 423 2  -  By CHUANG PECK MING UP TO $5 MILLION has been earmarked by Delifrance, the French cafe/bakery chain, to open more outlets and expand its production in Singapore. Delifrance, which started operations here four years ago, is also planning to enlarge its presence by entering
      423 words
    • 359 2 THE SPEAK MANDARIN campaign has had a mixed reception in public sector offices. A survey on the use of Mandarin at counters in the public service showed that while the use of the language had risen in the majority of departments, there
      359 words
    • 300 2 THE BRIGHT LIGHTS of Las Vegas and Reno are beckoning. That's the message from an eight-member delegation from Nevada which is here to attract more tourists to the American state. Lieutenant Governor Bob Miller, the leader of the group, said: "Singapore is
      300 words
    • 251 2 EX-OPPOSITION Member of Parliament J B Jeyaretnam was barred yesterday from practising as a lawyer. Three High Court judges found that his earlier conviction on four criminal charges showed he was unfit for the legal profession. Mr Jeyaretnam, 61. and a lawyer with 27 years'
      251 words
    • 199 2 THE FOREIGN Correspondents Associstion of South-east Asis has expressed its rsgrst over the restriction of ths circulstion of Asisweek msgszins 10 dsys ego In s ststsmsnt to ths prsss yesterday, ths association ssid sn extraordinary goners I meeting was held on Oct 10 on the
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    • 68 2 AIRPORT management officials from 18 countries in ths Asis Pscific region snd the Middle Esst have converged on Singspors for the Civil Avistion Trsining Centre's fourth course on sirport management Senior Psrlismsntsry Secretary (Communications Informstion) Mr Ho Ksh Lsong, who opsned the course yesterdsy, ssid some 30
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    • 34 2 THE INDONESIAN Business Association of Singapore is organising a business lunch talk on Monday. Oct 26. at the Marina Mandarin. If you are interested, contact the secretariat at *****63/4 before Oct 24.
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    • 434 2 r Seminars and Courses .EG Oct 29-30 Business Convnunicotion monoorm norti MMS Consultancy *****88 (Asia) Pte ltd Oct 29-30 Improving Monogerial Effectiveness Hilton Hotel Ernst and *****77 Whinney Consultants Pte ltd Oct 29-30 Shipping liability. Claims and Insurance Hilton Hotel Centre for *****22 Management Technology Nov 1 Quality
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  • Page 2 Advertisements
    • 122 2 TEE FOR TWO DINERS CLUB GOLF TOURNAMENT *87 Wednesday, 21 October Keppel Club. Come and see this exciting annual tournament for Diners Club and Keppel Club golfers as they pit against each other in mixed pairs. Hopefully too, we'll get to see someone achieve a hole-in-one and drive home the
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    • 84 2 00 Only at Scruples Explore Scruples. Discover designer originals in rattan and wicker. A dream collection of the classic and contemporary. All handcrafted to capture your imagination. Elegance in furniture. Come to Scruples. But come preparedto fall in love. At Scruples. Only the finest. Business hours: Item 6pm: Tuesday to
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  • ASIA-PACIFIC
    • 172 3 Reuter JAPAN's Finance Ministry has asked major financial Institutions to refrain from making loans that would create excessive speculation in land purchases. A ministry spokesman told reporters that the ministry would tighten checks on such land-reiaisd institutional lending. He said it also
      Reuter  -  172 words
    • 412 3 Rebels, party in-fighting causing difficulties AFP AFGHAN LEADER Najibullah has admitted that his government s "national reconciliation" policy is running into difficulties, with army units facing problems on the ground from US-backed rebels and the ruling Communist Party riven with factional in-fighting. The Afghan
      AFP  -  412 words
    • 322 3 UPI INDIAN POLICE on Sunday arrested three of Sikhdom's five high priests in a raid on the complex of the Golden Temple, the religion s holiest shrine. A police official said the clerics were srrested for issuing calls to the Sikh community to
      UPI  -  322 words
    • 122 3 UPI INDIAN Prime Minister Rajiv Gandhi has said democracy is the only form of government that can hold his diverse nation together and that its high illiteracy rate does not hamper voters' judgement "Democracy is the only form of government that can eneure India's unity." Mr Gsndhi
      UPI  -  122 words
    • 233 3 Oana/Bernama A FIVE-YEAR STRIKE moratorium designed to attain lasting industrial paaca, uplift living condition of workers, and speed up the Philippines' economic recovery is being worked out by the government the management and labour sectors. The proposed moratorium by the Secretary of Trade
      Oana/Bernama  -  233 words
  • Page 3 Advertisements
    • 245 3 '*w* at ,I—l r :1 5 gsnijte < I fe •■'■> 3 V*-;.•; 43% SIS* X.i M «w < >•" > f Sga \*s f sT.» A A V V, w JU V /v <♦ V &J2P; >y is* ■V>; 4J i > ?> ■li* Djmmsty rloi* iboutn/t tsrth t
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    • 180 3 Number One! Is fflli i :v ;y§ A.,»~ r pw; w -£->=*£ A *i, .J? ;«v MfflK t i^i' -ir V \*?i <r« W-> W |g|| <ttfe>S V 1 IF YOU'RE GOING to mow office within the next year, you must first tee this remarkable building. close to MAS Building
      180 words
  • Page 3 Miscellaneous
    • 119 3 V///M ro i7/o« Aw—id—> 17/OC AHMTO 23/13 Mraln 33/24 ■fhofc 35/26 Bcffco4a> 30/26 13/05 Beirut 26/1* lilyii It/12 Borfln 13/09 Bermuda 29/22 Mm It/13 Brtabane 25/15 Mi 16/10 Mm Aire* 22/10 C«lr» 26/17 Calgary 16/02 Mm 17/05 Crncn 30/21 Chicago 12/09 Coplmw 15/06 Don* 34/27 DuMn 15/10 Franfcfwt 16/06 Geneva
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  • REST OF THE WORLD
    • 274 4 AP THE REVISED US balanced budget law will slash more than 10 per cent from military programmes and nearly 9 per cent from domestic agencies next month unless alternative ways to reduce the deficit are approved, the Congressional Budget Office reported
      AP  -  274 words
    • 324 4 Reuter A DIVISIVE debate on the financial future of the European Community (EC) resumed yesterday, with a crunch summit meeting of EC leaders just six weeks away. Foreign ministers of the 12 EC member states still hope that the Copenhagen summit in December
      Reuter  -  324 words
    • 333 4 Reuter PRIME MINISTER Branko Mikulic of Yugoslavia unveiled an austerity package yesterday to a background of top Yugoslav economists urging him to quit and calling for drastic changes in the system to avert a national economic collapse. Mr Mikulic was to present
      Reuter  -  333 words
    • 154 4 Reuter PERU'S bank superintendent announced his resignation after the first week of efforts by state administrators to implement a bank nationalisation law opposed by private bank owners. Mr Klingenberger Lomellini's resignation was published in El Peruano two days sfter police broke into Peru's
      Reuter  -  154 words
    • 101 4 Reuter HELMUTH CAMMANN, director of the West German Federation ai Banks, called for uniform rites of withholding taxes on interest earnings within the European Community (EC). In an interview with the Osnebruecker Zeitung newspaper, Mr Qammann aaid that either the lowest prevailing rata for withholding
      Reuter  -  101 words
    • 371 4 Reuter THE SOCIAL DEMOCRATS, for more than half a century Switzerland's strongest political party, face a major rethink after suffering what seems to be their worst defeat since 1919 in Sunday's parliamentary elections. "It is an unbelievable collapse." said Moritz Leuenberger, one of
      Reuter  -  371 words
    • 169 4 AP REBELS and government leaders will meet next week to oontinue discussions on a possible ceasefire,- Monsignor Arturo Rivera Dames, the Archbishop of San SatafcJor, said. Rivera Demas, who has arranged 4nfl mediated talks aimed at ending eight yeers of civil war iri the
      AP  -  169 words
    • 345 4 Reuter THE Soviet Union's industrial output is growing at a slower pace this year thanin 1966 and foreign trade has fallen, Central Statistical Office figures show. Figures m the Communist Party newspaper Pravda show industrial production rose 3.6 per cent in the first
      Reuter  -  345 words
    • 330 4 Reuter, UPI US SECRETARY of State George Shultz left Israel for Egypt yesterday appearing to have made little headway with Israel's divided government on new moves towards Middle East peace. But he said that the search for peace between Israel
      Reuter,; UPI  -  330 words
    • 99 4 Reuter EGYPT, anxious to keep its Red Sea waters and the Suez Canal clear of mines, has decided to buy US and Dutch minehunters. Navy Commander Ma-jor-General Sharif Al-Sadek told a news conference marking the 20th anniversary of the sinking of the Israeli destroyer Eilat an
      Reuter  -  99 words
    • 952 4 ARRIVALS Operator itrvKt number Local tm From S1A SQ11 0045 LAX/NtT CAl a 341 0155 TPE JAL JL617 0215 TYO FT FT75 0316 UH/OtD/ANC/ NTT/MNL/m CAl 0333 0405 TPf MAS MH681 0*20 KUL $V SV398 0635 JED/RUH MAS MH811 0910 PEN MAS MH671 0920 KUL AC 0925
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  • Page 4 Advertisements
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      139 words
    • 60 4 fI If \1 If Ifl If The business person's choice. every I I II 111 Tuesday, Thursday, Saturday and I f|x 1 FI \l I 1 Leaving Changi Airport at I Vy I VV/l i A 22:05 hours and arriving at Lester B Pearson International Airport the following day. Call
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  • Page 5 Advertisements
    • 57 5 OCTOBER 31ST TO NOVEMBER 2ND AT HASSAN'S CARPETS I ss; r^lf ..v titUxSi. Ll *Li. 100 rare Antique and 20th Century Rugs and Carpets recently arrived from Persia exhibited at the newly renovated and enlarged premises of Hassan's Carpets. Senneh, late 19th century HFISSfIMS CfIRPEiTS 19 Tanglin Road #01-28 Tanglin
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  • BANKING AND FINANCE
    • 854 6 Reuter NEAR-TERM GAINS in US bond prices may be in jeopardy after news at the weekend that the US is willing to let the dollar fall further, economists said. US Treasury Secretary James Baker reiterated a statement he made last week that
      Reuter  -  854 words
    • 424 6  -  By SOH TIANG KENG THE LARGEST loan raised in Singapore dollars in the local capital market a $500 million note issuance facility (NIF) for Raffles City Pte Ltd was signed in the Republic yesterday. The 10-year NIF enables Raffles City, the developer
      424 words
    • 360 6 Asian market ASIAN DOLLAR depoeit rates closed steady et opening levels in quiet afternoon trading yesterday. Most operators were cautious and concerned 'over the continued weakness of the US dollar amid prevailing bearish sentiment. The market is waiting for any possible comments from the US and Japanese monetary officials for
      360 words
    • 75 6 Reuter THE Bank of England said it extended to yesterday the interest rates on toane, deposits and certificatee of deposit which matured on Friday. It agreed on the measures with the four major clearing hanks Barclays Pic, Lloyds Bank Ptc, Midland Bank Ptc and National Westminster Bank
      Reuter  -  75 words
    • 83 6 Treasury bills Period Issue Yoslordoy's c fating Day's cod* Maturity BO OFFH UGH LOW 3 mcwlhi 8Q*****H 14.1.88 3.80 375 375 375 6 —<h» RS*****Z 21.1.88 1 y*or IY*****H 22.09.88 4.13 4.08 4.09 4.04 Government notes and bonds Poriod Issue Maturity Coupon Yotforday's dosing Day's cod# rat*
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    • 175 6 Mm prtaw of 12 m«|or banks In S'por* Intcrbi ink marta r atM (offer/bid) on Oct 19 us$ DM SWFC Y«n 7 4oyt 1 Mk 1 Mh 12 7 7/i J/4 1/4 l/i 9 J/I* J/I* 7/1* J/I* IS/1* IJ/I* 7/i J/4 t IJ/I* IJ/1* 10 J/i
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    • 57 6 THE OVERNIGHT RATE on the Singapore interbank market roee 3 points to end at 4 per cent yesterday. One- and three-months rose 3/16, while twomonths was unchanged. S$ Interbank rates at 7pm yesterday: arm m> Oo«r4 3 1/3 4 3/1 4 1/4 3-m* 4 1/3 4 3/t 3-w*
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  • Page 6 Advertisements
    • 174 6 hhh Endorse Mobil —rzJ Fleet Card. Here's What They Say mmm Wm .'J p* I« i We find Mobil Fleet Card a VEhY CONVENIENT WAY TO PAY FOR OUR PETROL PURCHASES. It means our drivers no longer need to carry cash around. J McDonald s -n-, V I J t
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    • 247 6 mmi iiai j 4, mm- m •x* Seminar OD SYSTEMATIC APPROACH TO EFFECTIVE ASSET/LIABILITY MANAGEMENT FOR BANKS (Profitability and Risk Management in a Time of Change) Date Sl Time: 9 H I*7, 1987, 5.15 pm 130 pm Asaet/Liability management it an important risk management tool to mtfjor banks in the
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  • Page 6 Miscellaneous
    • 65 6 BY GARRY TRUDEAU 9-9-SO! WITH 13 MONTHS ID GO, tVS TWO DOWN, arm Jesse jackson vy. i AS MB ALL KNOW, CHARACTER ISA TERRIBLE THINS X) WASTE! SO WHERE POISTANP? POI HAVE A CHARACTER P-P-PROBIEM* NO WAY, SAN JOSE! f IF THERE'S ANYTHIN6UBCAN ALL AGREE ON, TTSTHATI'M A C-OCHARACm! HA!
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  • MONEY AND EXCHANGES
    • 1358 7 interest RATES OPTIONS o» Monday, October 19 1987 kuho KXHUUI (tMCX) DMl7«Ni Low M Da Man ft •a* woo •930 91A 1 M 9 WOO 33A 31 199 30 9030 26 33A 33 411 40 43 *100 10 10 9 73* 79 9129 *A 9*4 99 *190 3 1199
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    • 1103 7 SINGAPORE: The US dollar closed easier •gainst major currencies due to the continued bearish sentiment yesterday. but recovered from the day's low on short-covering after moderate and nervous trading. The bearishness was reinforced by US Treasury Secretary James Baker's remarks on exchange rate stability following West Germany's increase
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    • 592 7 Simex/IMM DECEMBER Eurodollar oponod 0 ticks lowor a! 90.38 on now* report» that Baker criticised West Gorman interest rate increases and suggested a further decline of the dollar. After the opening, prices drifted lower and remained depressed during the day to a low of 90.29 in
      592 words
    • 149 7 Gold futures on Oct 16 100 toy aunoac USt par toy ou Vt OpM LM Mh Ob 44JJ0 ***** 445.00 471 JO *70 Mm 447JO 447 JO 447JO 473.70 «J0 Ok 46*70 ***** 188 8TI 474J0 ■♦•JO Nk M 477X30 483.90 474J0 4*3^0 •JO Apr 417.10 491.00
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  • Page 7 Advertisements
    • 113 7 One word that means a great deal in I anyone's language: Hertz. Travelling overseas? Then book your Hertz car before you go, to get our special Affordable rate. It's so low, that in many cases it's not even available to the people who live there. Yet, you'll still enjoy the
      113 words
    • 157 7 r With 700 luxurious rooms and suites each overlooking the Qiao Phraya River, the Shangri-La is truly a city resort in the heart of Bangkok. Set amidst beautiful landscaped gardens, it offers an extensive g Shctnari-La hotel range of leisure activities as well, of course, as the standards of personal
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  • COMMODITIES
    • 720 8 Bernama ES COCOA PLANTING on a commercial scale in Malaysia began in the 1950s but its most rapid expansion was seen in the past 10 years. This was due to the "good days" around 1977 when cocoa peaked at M 512,500 a tonne. Planters in Tawau,
      Bernama ES  -  720 words
    • 59 8 Reuter AUSTRALIA has announced the completion of the second largest annual export of wheat in its history with 15.6 million tonnes shipped to 47 countries worth As 2 billion (US$l.4 billion). The Australian Wheat Board said the sales during the 12-month period ending Sep 30 were only
      Reuter  -  59 words
    • 90 8 CRUDE MARKETS reacted sharply yesterday to rumours of US retaliation in the Arab Gulf in response to the Iranian attack on 'Sea Isle City'. Prices continued to plough upwards in Tokyo and London trading. Singapore products were much slower to respond. USS/borrot Oianfe Dubol (No.) 17.15 -t-0.14
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    • 278 8 Crude palm oil future* closed slightly steadier in thin trading on the Kuala Lumpur Commodity Exchange yesterday after opening in very quiet conditions. Spot month November added Ms 2 to MS7B2 a tonne. December rose Ms 4 to MJ7BS a tonne and January was Ms 3 higher at
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    • 280 8 HONGKONG: Gold closed sharply higher as investors switched into the metal in view of slumps in both the US dollar and Hongkong stocks. Bullion surged to U*****.75/482.50 an ounce from the U*****.80/475.30 open and compared with Saturday's close of USS472.OQ/75. Coins were sharply higher with Krugerrand gaining $80
      280 words
    • 103 8 THE Kuala Lumpur Tin Market price roue a cent to ctoae at MSl7.lt a kg In lalify Quiet trading yea* tordey. The marfcet started at laal Friday's Mtl7.lt closing level, which attracted Mde el 75 tonnee mainly from overseas, while aellera of* fared t2 tonnee. The one-cent price
      103 words
    • 317 8 SINGAPORE The rubber market closed higher on November One RSS bida at 219.50 centa a kg, up 1.75 cents from (aat Friday's close. The morning session gained 0.75 cent higher in thin trading on some speculative buying intereat. Prices rose another one cent on continued speculative buying and shortcovering
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    • 267 8 RAS prices mie -m/kfl. FOB In bain NOON aose Iwyon f -M wWan Rwyort Sellers bit 1 RSS Prompt 220.50 221 JON 221 JO 222J0N Int 1 RSS Nov 87 218 JO 219.00 219 JO 220.50 Int 1 RSS Doc 221.00 221 JO 222.00 223.00 bit 2
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    • 76 8 (cann/kg, I-ion pn««i) RAS NOVEMSE* 87 (currant month) NOON S«N*n DECEMBER (forward month) NOON SSI 20 ss» so MRELB 214 SO 313J00 216.50 215.00 214J0 213.00 216.50 ***** SaMvri SMI CV SMI I SMI 5 SMI G* SMI 10 SMI 30 SMI 50 271.00 271.00 263.00 259.50
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    • 173 8 Chinese Produce Exchange Oct It (SJ/100 kg) Coconut oil Mk FOt 95.00 Otd drum FOt 105.00 N»w drum FOt 109.00 Copra MiMd (Ioom) 54 Pepper FOt NIW 1317.50 FO« toq NIW 1302JO SorowflA ipidd block FOt NIW 962.50 block FOt NIW 1077JO Lwnpong Dtoa FOt Ama NIW 1072JO
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  • Page 8 Advertisements
    • 293 8 SEAF-EUROASIA AUTO Ann Oi il Thfiothf>if VwW OUw6SBM row Wf il98 7) No"* 1 SQB 4T sen wto Earoasia Auto, IhwhM HALAGA ml !6aA,B9pmvi*flolm rrt fww» Cmrnmrnimn. riliiiiiiiit' iiiftuMin The combination batwaan SEAT and Surveala Auto i$ only onaot the raaaon* for thaimmanmauccma. 77»ftt*<* Wa*a associated with some ot the
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  • FOCUS
    • 1824 9 Labour unions in the US are feeling keenly the need for change in the face of the decline of manufacturing, which has traditionally provided the mainstay of union strength. The problem of displaced workers is, however, -still an emotive Issue, often used
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    • 1041 9 Welfarism at work does it pay? THE RECORD of the US in overcoming poverty, infant mortality and slum-condition housing is rather mediocre for a country with that high a per capita income, observes Professor Assar Lindbeck. "Indeed, you don't have to look at statistics to discover poverty in the US;
      1,041 words
    • 344 9 "HE'S A BAD MAN.'' says John F Banning, his ayes narrowing as ha spaaks his mind forcefully on Preeidant Ronald Raagan's nominaa to tha US nine-member Suprama Court. Tha nominaa is of course tha 00-year-old Robart H Bork, hand-picked by tha American President to fill the
      344 words
  • Page 9 Advertisements
    • 321 9 NEW SEASONS HIGH POINT Sliop at tlie Shopping, Gallery at the I lilton aixl win 4 double return air tickets to the lash ion capitals ol the world. A TESTONI ITALIAN SHOES 4l LEATHER AD-HOC MMCAN DESIGNER S BOUTIQUE AIZIA DISCOVERIES ANTIQL€S ALFRED DUNHILL COMPLETE FASHKJNL** BOUTIQUE TWO M ITALIAN
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    • 7 9 The com against Judga Bock, Paga 11
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  • PERSPECTIVE
    • 485 10 IT WAS BLACK MONDAY for the world s major stock markets. In Hongkong, the Hang Seng Index broke a 19-year record by plunging 420.81 points to 3,362.39. In Tokyo, the Nikkei Average nosedived 620.18 points to 25,746.56. In Singapore, the Straits Times Index plummeted 169.14 points
      485 words
    • 2365 10  -  Restoring and keeping some of Singapore's heritage is now not the exclusive concern of a small number of conservationists. The government too has come round to the idea that the past can educate the present and future generations. TONG SUIT CHEE looks at some
      2,365 words
    • 920 11  -  By DAVID RESS Reuter POLITICIANS and economists agree that the world has a trade problem, but there is no consensus on what to do about it. Producers, from wheat farmers in Kansas to steelmakers in Korea, cannot always sell what
      Reuter  -  920 words
    • 886 11  - Bork's defeat a case against intellectualism Judge Robert Bork would probably have been a highly stimulating, intellectual and effective US Supreme Court justice, particularly on economic and business issues. LEO HERZEL and DANIEL HARRIS examine why his nomination was opposed. LEO HERZEL,DANIEL HARRIS FT AT THE University of Chicago Law
      FT  -  886 words
  • Page 10 Advertisements
    • 190 10 Qiovanni's done it again. He's come up with a whole new concept for an Italian style lunch in the afternoon. It consists of a special Antipasto Buffet, unlimited Oyster and Salad Bar, Soup, Cheese and Dessert Buffet. The main course includes six different selections including carving from the Trolley which
      190 words
  • Page 10 Miscellaneous
    • 36 10 BriSteW^PtankCicfca* ©Evening Standard Co.Ltd.. 1962-1987 Holy mp>CKefiEL| f\Re Vou SUR£ This iISN'T POD gft'N\?J -TetL YOU UHAT I LL "TMK£ ft TO THC i FifiWS LA& FOR ANp^uysiS. ,cf A H jrf% MOtO DAfe Woo/ "7506
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  • Page 11 Advertisements
    • 105 11 QUALITY BEFORE YOUR EYES V dMIB Whatever your personal preference, we have the frame to complement your looks and lifestyle. In over 3000 designs, sizes and colours. Choose from our top-of-the-line Exclusiv, unisex Modelbrillen, fashionable Lady R and Mr R, sporty Young Look, or trendy Linea Colore. We even have
      105 words
  • Page 11 Miscellaneous
    • 1213 11 TO 03D (MM® PM SIC Text Samp I* Paget. Opening and Programme Hghßghts followed by Never Tie Twain Going To Pot. Rhgo Invites Simon and Oliver to dfcner, In the hop* of impressing his night-school teacher. But his drsams aro loon dwttered... InNr-Vorslty Debates 1987 National University of Singapore Team
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    • 659 11 CRYPTIC PUZZLE ACROSS 3 Collect large amount (5) 8 What a bulkier haa to do to pricaa? (3, 2) 10 Qarman town orchestrs (S) 11 Farm butter? (3) 12 Arrange to rob an unfeeling lei low (5) 13 Intellectual game? (7) 15 Forgo one'a right to change a view (5)
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  • SPORTS & LEISURE
    • 333 12 Reuter MARTINA NAVRATILOVA crowned her 31st birthday on Sunday with a 40th career win over Chris Evert to capture the Filderstadt women's title. The 7-5 6-1 win in an All-American final lasting 73 minutes gave Navratilova a special birthday present the tournament's first prize of
      Reuter  -  333 words
    • 149 12 Reuter VIVIAN RICHARDS, commenting on the West Indies' poor start to the World Cup, said yesterday the team had "got into this habit of letting games slip away". Two defeats in their first three games have left the West Indies perilously close to being
      Reuter  -  149 words
    • 378 12 UPI YOUNGER than ever, top gymnasts will whirl, tumble and go topsy-turvy for gold medals at the World Gymnastics which began yesterday in Rotterdam, Holland. The championships, Holland's most important sports event since the 1928 Amsterdam Olympics, carries a lot of
      UPI  -  378 words
    • 524 13 Minnesota Twins the obscure team with its share of unobtrusive players UPI GREG GAGNE and Steve Lombardozzi fit in well with the Minnesota Twins. Few people know how good they are. The twins, one of the more obecure World series teams, have a couple of big hitters in Gary Gaetti
      UPI  -  524 words
    • 729 13 Reuter NIGEL MANSELL of Britain, in a Williams, won a dramatic Mexican Grand Prix on Sunday to keep alive his hopes of snatching this year's world drivers' title from teammate Nelson Piquet of Brazil. Piquet was second on Sunday and Brabham driver Riccardo Patrese
      Reuter  -  729 words
    • 272 13 UPI AL GEIBERGER birdied the second playoff hole last Sunday to defeat Jim Ferree and win the U*****,000 Seniors International at Harbour Town Golf Links. Geiberger took a one-shot lead into the final round and made 18 pars for a 71. He never trailed,
      UPI  -  272 words
    • 472 13 UPI BRITISH RYDER Cup stars Sandy Lyle and lan Woosnam scored tense victories on the difficult West Course in Wentworth, England. on Sunday to reach the final of the U*****,000 world matchplay golf championship. Lyle. a three-time losing finalist,
      UPI  -  472 words
    • 534 13 AFP NOTHING, it seems, can stop Real Madrid and PSV Eindhoven. Real, who knocked Diego Maradona's Napoli out of the European Cup last month, sit proudly atop the Spanish league after seven straight wins while Eindhoven stretched their winning streak in Holland to
      AFP  -  534 words
  • Page 12 Advertisements
    • 866 12 "C\. m DEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl
      866 words
    • 242 12 SJST 7 w. France at The Belvedere The Belvedere's French buffet luncheon. An incredible selection of more than 60 authentic favourites, from now till October 29. It's as good as being in France! 12.00 to 2.30 pm daily. Adult: $31/ Child; $15 Prices subject to IJ% service charge and 3%
      242 words

  • Page 13 Advertisements
    • 463 13 in V) 3* BAR 0 4 W-l Roast Rack of Lamb at only $19.50. Roast Rack of Lamb Juicy, succulent, done to perfection with Sandre Potatoes and Vegetables served In the setting of a hunter's lodge. At the Hubertus Grill. Available at just $19.50 per person during dinner for the
      463 words
    • 23 13 BULLS BEARS Restaurant ft Bar Pl* Ltd •&JS8&? 176. Orchard Road. #03-45/46 Centrepoint. Singapore 0923 Tel: 235-6268. 732-8593 Business Hours: 11.30 am 11.30pm
      23 words
  • Page 13 Miscellaneous
    • 65 13 Play golf the Sevvy way The late hit Peter imlui THE LATE HIT OR N DELMED HIT SHOULD BE A NATURAL ACTION COMING FROM THE PUU DOWN EFFECT OF THE HANDS V. MP ARMS sA IT CAN'T BE x ACHIEVED IN ANY OTHER WAV y W m you HIT HARD
      65 words

  • STOCK EXCHANGE OF SINGAPORE
    • 3999 14 SHARE PRICES tumbled at a frightening pace on tha Singapora stock markat yeeterday to sat a naw record one-day fall on tha Straits Timaa Industrial Indax. Tha widely-watched markat baromatar waa slaahad by a maasiva 100.14 points or 12.15 par
      3,999 words
  • 222 14 SNGAP0RE DBS C S S 1 A 'IN Mam iMp i r h hSMa S0< Nat baa Fallt 1400 MO 1330 1030 1390 *70 740 *30 900 •300 -373 -310 -100 •190 •190 -IM •190 -130 Of 1* 1291.29 BT OB/OS -341 BTCAO 4Mi BT 10-*ay MA
    222 words
  • 4357 14 BID and offer pric— officially listed am) busiaess la and reported to (fee Stock Escfcaage of Singapore yesterday with the aumber at Mm traded afcowa ia brackets la lots at 1,M0 volts nnifSB utkerwtse «r—iiud All Time Setttemeat Contracts are after the word "SETT", ard
    4,357 words
  • 47 14 CONSOLIDATED Maniattona 9h&. 8th AQM at Tha Grand Hall. Hotal Grand Continental. 10th Floor. Jalan Belia/Jalan Raia Laut, ***** Kuala Lumpur, today, Oct 20. at 11am. TRACTORS MALAYSIA MaMtafi 22nd AQM at ?££X- k, 32!% 1 2S: 5M50 Kuala Lumpur on OM 22. at not*?
    47 words
  • Page 14 Advertisements

  • COMPANY NEWS
    • 257 15  -  By ELAINE KOH KEPPEL HOUSE, jointly owned by the Straits Steamship group and British-American Tobacco Company, has been sold by tender for $27 million. This was the highest bid at the close of the tender last Thursday, and was put up by a
      257 words
    • 239 15 GENTING BHD has no financial or equity interest in Burswood Management Ltd, the project manager for a casino complex which is now the subject of investigations by police and Western Australian authorities. A spokesman for the company said this when asked to comment
      239 words
    • 576 15 Projects include joint venture chicken farming in West Malaysia KENTUCKY FRIED Chicken (S) Ltd has set aside some $7.14 million from its $18 million fundraising exercise to finance investment in new businesses. The net proceeds from its proposed rights issue amount to $17.64
      576 words
    • 564 15  -  By LISA LEE MULPHA (SINGAPORE) Ltd has received a Notice of Takeover Offer from GTS Trading (Re) Ltd in compliance with the Takeover Code following its acquisition of a controlling 51 per cent stake in the trading company. Through GTS Trading, two Indonesian businessmen Putra
      564 words
    • 298 15 Unit trusts Managers' pric»s for Oct 20 Singapore Unit Trust The Comerce I II 1 18 The Soviitgs Fund 096 1.04 S'pore f'og Fund 0.44 046* S'por* S«c Fund 0.75 0 80 S'por* irvest Fund 083 0 89 Spore Equity Fund 056 060 Asia Unit Trust Mol invest Fund 1
      298 words
    • 70 15 Reuter INCHCAPE PLC has agreed to sell its City of London head office for £22 million cash to a joint venture formed by ARC Properties and Trafalgar House Development Holdings Ltd, a subsidiary of Trafalgar House PLC. Inchcape has agreed to take a lease on a
      Reuter  -  70 words
    • 906 15 Current b Books De*e ToM tor Total tor paymant dale close payable toe yeer toet year A Enterprises 4%l Sap 25 Oct 9 Oct 27 4% 5% Austral Amal 15% Oct 26 Nov 7 Nov 25 15% Arer Hftam Rub I7*%lbl Oct 8 Oct 23 Nov 23 17*%
      906 words
    • 122 15 Company RIGHTS ISSUE OCBC One-lor ten $300 per shore E» dote: Oct 26 Boots dot* Nov 7 Shongri-lo Ont-ter-lm (4 SO p«r shore Ex-dote: Oct 22 Books dot* No* 3 U f P five-to' on# at JO 25 por per shore Ex-dot*: Oct 28 Books do* Nov 9
      122 words
    • 395 15 Company RIGHTS ISSUE Ayer Hitom Tin Three-forone J 250 per shore Bonvests Hldgs 43 54 million 6% unsecured loan stocks with warrants in the ratio of $1 loon stock tor every 5 shares held ot $1.70 p«r shore C 1 Holdings 27 Million loon stocks in the rotio
      395 words
    • 158 15 MALAYAN CABLES Bhd: Group profit after tax of Msl.s6m (M53.24m) on turnover of $40.4 m ($91.2 m) for the six months ended July 31, 1967. Earnings per share came to 2.2 cents (4.6 cents). No interim dividend will be paid. The poorer results were due to the prolonged
      158 words
    • 253 15 LION CORPORATION Bhd's (LCB) wholly-owned subsidiary, Umevest Sdn Bhd, has acquired stakes in three companies of the Knoll Group, the makers of up-market furniture and office systems. For nearly $1.5 million, Lion Corp will acquire majority stakes in Knoll (Malaysia) Sdn Bhd, Knoll
      253 words
  • Page 15 Advertisements
    • 74 15 WHEN THE BULLS CHARGE. CAN YOU BEAR IT? Strong financial support is part and parcel of a sensible investment plan. We can help you achieve rust that. Our Share Financing Scheme provides up to 70% financing. And at rates as low as 7.5% p.a. Find out more. Call 532-3332 today.
      74 words
    • 85 15 FOR SALE BY TENDER SKE? iM iiSS ms /m Rrodwrr A Trader Documents avaUMr from Sole A/em H Knight Frank Checng Hock Qjye k Bailliwi (Property Consultants! Pie lid 16 Kaffles Quay *294)1 Hong Leong Building Singapore 0104. TH 222 1333 Tele*: VALUER RS ***** Fax 224 5843 A PRESTIGIOUS
      85 words

  • REGIONAL MARKETS
    • 3898 16 SHARE PRICES on the Kusls Lumpur stock market crashed yesterday with heavy losses averaging more than 50 cents amid highly nervous trading conditions. In sympathy with the plunges on Wall Street and major world markets, the KL market witnessed the worst single-day fall in
      3,898 words
    • 116 16 HONGKONG Hongkong Index Monday *****3 Friday 2506 19 WNk ago 2992 90 Hong Song Index Monday 3362.39 Friday 3783 20 We«k ogo 3900.17 All Industrials Monday 3039.5 Fridoy 3194.3 Week ago ***** NEW YORK Dow Jones Friday 2246 73 Thursday *****9 WMfc ogo *****1 TOKYO Nikkei Average Monday
      116 words
    • 1362 16 Hongkong A RECORD crash hit the Hongkong stock market yesterday as panic sailing sant the Hang Sang Index diving an unprecedented 420.81 points to &362.3t. tha biggest ona-day tell in HK shsra trading history. Tha broadar-bassd Hongkong Indax plungad 283.36 points to 2.212.83. Invsstor ssntimant tumad
      1,362 words
    • 91 16 OCT 10 WON Haaac Kai ***** uncii 200 Kangwon Ind ***** 300 KiaMator ***** IX Chwi Sugar 200 rv--i.m imi utfim ma Daawoo Corp.. ***** ***** •100 -400 Korm Lonf Torm Lucky Ltd ***** ***** -too •100 12*00 -B0 ***** ***** Daiafrtn Socurmaa Dong Ah Phar ***** ***** *700
      91 words
    • 459 16 Reuter SHARE PRICEB in Tokyo plummeted at the opening yesterday and remained depreeeed all day in reaponae to Wall Street'a •harp dedinea laat week. "There waa juet one factor New York," aaid a senior broker at Nomura Securities referring to the three-day, 261-polnt tall in the Dow Jonea induatrial
      Reuter  -  459 words
    • 395 16 Reuter THE AUSTRALIAN share market mHmd i record one-day point tell yesterday after the dramatic tumble on Wall Street test Friday. Brokers said a record 106.35-polnt tell in ths Dow Jonss Industrisl Average sparked selling preeeure from the opening bed in Sydney and sharp drops yssterdsy on ths Tokyo
      Reuter  -  395 words
    • 162 16 Reuter THE SECURITIES Exchangt of Thailand Indax lost 13.85 to cloae at 459.01 on a turnovar of 11,318,5' iS tharas valuad at 1.132 million baht oct it i Ao Kham Thai BANT 214 b -22 IA'.' 1 i,,.•. ,Tv t. «2 -40 ftcnQkok Kgro nd., m -10 •IXMAywdhya.... CtaMMg
      Reuter  -  162 words
    • 253 16 OCT It I PIT Koiin 47 JO 1 Kuochan Da* M 50 6 AM Sincara Indus 4 10 0.13 Laa Chang Yuan Cham Indua 8100 ca A ala r.mifJ VWWIH nso 7 lian Hwa Indua 51 00 3.5 KM 00 ■ft Nan Ya Plat noo 7 Chang Mwa Bank.
      253 words
    • 74 16 OCT 11 KKM M>' t'B 1 1 AcotoMlmnfl Ortwtt B Will OwfMM Ptwt«> B 0.10 010 -O.OH 0&1S Krta/tc PMI *>•> 00*0 0015 2 5 £S?" *003 ABM c*n. i. 36 50 MyuM 200 170 7 0 02 0 002 WWII -0-«M ■U ■ati bngud Con B— Rut PVtM
      74 words
  • Page 16 Advertisements
    • 429 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF CHUAN SIAK HOLDINGS (PTE) LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 290(2) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at
      429 words
    • 531 16 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND XIE YAN PTE. LTD. (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of members of XIE YAN PTE. LTD. duly convened and held at 24 Peck Seah Street, #05-11 Nehsons Building. Singapore 0307 on the 19th October
      531 words
    • 368 16 NOTICE NOTICE IS HEREBY GIVEN that, I Foo Heed Meng of No. 723 Clementi West St.2 #05-174 Singapore (0512), have applied for a Second Class Beer House licence in respect of premises at M/s. Arcadia Restn at 251-A Arcadia Road #01-09 Singapore (1128), and that this application will be heard
      368 words

  • INTERNATIONAL COMPANY NEWS
    • 337 17 FT PHICOM, the UK life sciences group, plans to double in size with the acquisition of Forma Scientific of the US, which manufactures micro-biological equipment, for £33.9 million (US$56 million) to be paid in shares. The group also intends to raise £5.1
      FT  -  337 words
    • 482 17 AFP BRITAIN'S Guinness scandsl has people wondering "Who's next?" and seems sure to produce more dramatic surprises, as police who have just charged two well-known City figures with theft say openly that more heads are going to roll. "This is just the
      AFP  -  482 words
    • 447 17 FT SALOMON Brothers, the US investment banker, excluded no part of its worldwide operations from the searching review which last week resulted in the announcement of 800 redundancies aimong its 6,500-strong workforce. But while the axe will fall in New York and in London,
      FT  -  447 words
    • 907 17 NYT WITH ALMOST half a trillion dollars in stock prices having been wiped out since the US market peaked in late August, the summer's euphoria has been replaced by a wintry chill. Not just blue chips were sold off last week; small stocks
      NYT  -  907 words
    • 550 17 Reuter THAT MUCH-RIDICULED Wall Street figure, the young investment banker with a business degree, a six-figure salary and a Porsche, may now be looking for a new takeover target: someone to take him on if he loses his job. The young brokers and investment bankers
      Reuter  -  550 words
    • 906 17 NYT LAST WEEK'S spectacular drop in the US stock market has led many investors to search for ways to hedge their bets. And people who own homes financed with adjustable-rate mortgages are contemplating how to reduce spending to meet higher monthly payments that will
      NYT  -  906 words
  • Page 17 Advertisements
    • 451 17 IP INTERNATIONAL PUBLISHING PRINTING OPPORTUNITIES CONFERENCE EXHIBITION 13-16 January 1988, The Mandarin Singapore Organised by TIMES CONFERENCES OPPORTUNITIES IPRTNT '88 will be a focal point for international and regional publishers, as well as production executives, to establish contacts and explore opportunities for printing, publishing and co-publishing rights and services in
      451 words

  • 507 18 A SOLDIER, described as being "Rambo attired", went on a shooting spree in Kuala Lumpur shortly before midnight on Sunday, killing one man and injuring two others. The 15-hour drama ended with the surrender of the 23-year-old member of the Malaysian Rangers. Adam
    507 words
  • 204 18 Reuter WARSHIPS attacked and destroyed an Iranian oil platform yesterday in retaliation against Friday's Iranian attack damaging a US-flagged ship, US Defence Secretary Caspar Weinberger said. When asked how much was left of the oil platform, Weinberger said: "Nothing. There was no Iranian reaction,"
    Reuter  -  204 words
  • 207 18 Reuter NO CLEAR indication has emerged of the victor in the race to succeed Prime Minister Yasuhiro Nakasone but political analysts said it was becoming more likely that former Foreign Minister Shintaro Abe would be chosen. A decision on which of the
    Reuter  -  207 words
  • 517 18  -  High-level change in policy brought in the cash By LEE HAN SHIH A CHANGE in government policy has left the Urban Redevelopment Authority (URA) with almost $500 million in cash. But the URA does not quite know what to do with the money.
    517 words
  • 264 18 THE URBAN Redevelopment Authority will release 146 Orchard Roed flats into the market early next year, but it has yet to decide whether they are for rent or for sale. These flats, with sreas ranging from 80 sq m to over 100
    264 words
  • 63 18 COMEX silver futures came down from the highs on profittaking yesterday morning after a quick run-up of 66.0 cents on frenzied buying against a weak dollar and stock market In more subdued dealings, December silver held a large gain of 52.0 cents at U556.46 an ounce after retreating from
    63 words
  • 253 18 AFP PHILIPPINE Vice-President Salvador Laurel yesterday said he could agree to head a new government if the country's military forced President Corazon Aquino from power, but only on condition that they "go back to the barracks" afterwards. But Mr Laurel, who
    AFP  -  253 words
  • 428 18  -  BOEY KIT YIN OBSERVING that racial differences could not be legislated "out of our existence", Prime Minister Lee Kuan Yew said in an interview in Vancouver last Saturday that "we need to be willing to tolerate our differences". In reply to a question on what
    428 words
  • 124 18 UPI THE AUSTRALIAN government yesterday said that the 27-year-old son of a Hungarian diplomat was "asked to leave" the country for exporting sensitive high-tech computer equipment to an eastern bloc country, believed to be the Soviet Union. The Department of Foreign Affairs said Qabor
    UPI  -  124 words
  • LATE FILE
    • 34 18 Reuter FORMER Fijian Gover-nor-General Ratu Sir Penaia Ganilau will decide whefter to bacoma president of the newly-declared Fijian republic after teeing its constitution, he told the Australian Associated Praaa yesterday.
      Reuter  -  34 words
    • 72 18 Reuter ORDERS for New Zealand non-fuel imports placed in August rose a seasonally adjusted 14.9 per cant, compared with a 1 per cent rtae in July and a 3.1 par cent rise in August 1906, according to a regular monthly restricted survey of private importers. The
      Reuter  -  72 words
    • 35 18 AFP CHINA'S trad* deficit Mrrowed to US$2.7 billion in the nine months to September from US$B.96 billion in the same period last year, the National Bureau of Statistics said yesterday. AFP
      AFP  -  35 words
    • 61 18 Reuter MORE THAN 100 people died and 305 were injured yesterday when two crowded Indonesian commuter traine tore into each other in a head-on collision caused by an apparent signals fault, reecue workers said. Many of the dead and injured were riding on the top of carriages
      Reuter  -  61 words
    • 43 18 UPI JAPAN has decided to build its next-generation fighter plane based on the General Dynamics Corp's F-16, the government-supported NHK television reported yesterday. A Defence Agency spokesman refused to confirm the report, saying no official announcement has been made. UPI
      UPI  -  43 words
    • 47 18 Reuter FEROCIOUS Sri Lankan Tamil Tiger oppoeition slowed the advance of Indian troops to a snail's pace, a Western diplomat said yesterday. The Tigers were in no mood to give up their weapons and end a four-year-old campaign for an independent homeland. Reuter
      Reuter  -  47 words
  • Page 18 Advertisements
    • 173 18 FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier word processing, secretarial services conference room answering service, long short term lease you name it! Your inspection enquiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE LTD 11-04 06 Peninsula Plaza, Tel 336 1769 Shops that
      173 words
    • 13 18 "I hve drinking Margaux with steak: Sometimes I even leave out the steak."
      13 words

  • SHIPPING TIMES
    • 421 19  -  By G DURAIRAJ A PENANG-BASED container repair and refurbiahing company ia Making the government's approval to widen the scope of ita haulage permit to enable it to transport empty and laden containers in northern Peninsular Malayeia. Konrep Sdn Bhd, which waa set
      421 words
    • 164 19 THE UPBEAT Philippine market has witnessed the entry of another liner operator, Kien Hung Shipping Co of Taiwan. A Seatrade Week report adds that the company has deployed one of its six container ships, the 330-TEU capacity Kathrme SHon a weekly run from Manila
      164 words
    • PORTSIDES
      • 133 19 Reuter A CYPRIOT freighter ran aground in a typhoon off Western Jspan but all 24 crewmen were rescued unharmed early on Saturday, Japanese maritime agency officials said. Agents in Japan for Lloyds' Shipping Registry said the 12,376-tonne Elefthena II was likely to split in
        Reuter  -  133 words
      • 103 19 Reuter NISSAN Mexicana S A has signed an agreement with Transportacione Maritime Mexicana S A de C V (TMM), to export Nissan cars and trucks from Mexico to Central and South America, Nissan Motor Co Ltd said in a statement. Nissan Mexican is owned
        Reuter  -  103 words
      • 81 19 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan Shipping Conference would cut the extra risk insurance surcharges on shipments to Iranian and Iraqi ports to a minimum 3 per cent from 4.5 per cent on Oct 25. It said surcharges on shipments of all break-bulk cargoes to non-Iraqi Arab ports
        Reuter  -  81 words
      • 180 19 Reuter A GROUP of British fisherman set sail yesterday to join a Danish fishing fleet's battle against a chemi-cal-waste ship in the North Sea, a spokesman for the British fishermen said. More than 20 Danish fishing boats on Sunday traded blasts from high-pressure water
        Reuter  -  180 words
    • 661 20 UPI THE REAGAN Administration has rejected appeals by American shipowners to protect their foreign-flagged oil tankers from attack in the Gulf, underscoring the limits of US policy in the war-stricken zone, officials said. The shipping companies began petitioning the White House, the
      UPI  -  661 words
    • 348 20 AP REPAIRS to the US-flagged Kuwaiti tanker Sea Isle City, devastated by an Iranian missile, will cost up to US$lO million, salvage executives said. The navigation gear and the entire crew's quarters have to be replaced, at a cost of between
      AP  -  348 words
    • 251 20 UPI IRAN and the Soviet Union signed an agreement to study the feasibility of shipping Iranian crude oil to the Black Sea via the Soviet Union, the official Iranian news agency reported. The agreement, if implemented, would serve as a
      UPI  -  251 words
    • 735 20 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anjhip Int'l V 4 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API IN 2/3 Arrow lines IX 5 Asa in
      735 words
    • 1095 20 ACTIVITY in the freight market on Friday was hit by transport and communications problems resulting from severe storms in the London area. The floor of the Baltic Exchange was almost deserted, brokers said, with little fresh enquiry for vessels reported. There were some fixtures of grain vessels and
      1,095 words
    • 391 21 Lloyd's List THE ARCHITECT of sweeping reforms at Italy's largest port of Genoa, Mr Roberto d'Alessandro. has decided to resign. Dockers have fought against new working practices at Genoa aimed at lowering costs and raising productivity. A new wave of disruption began three
      Lloyd's List  -  391 words
    • 422 21 Cargonews Asia THE PORT of Hongkong handled over 1.6 million TEU of containerised cargoes in the first half of this year and is firmly on target for a throughput in excess of 3.2 million TEU by the end of the year.
      Cargonews Asia  -  422 words
    • 63 21 Reuter EGYPT, anxious to keep its Red Ses waters and ttie Suez Canal clear of mines, has decided to buy US and Dutch minehunters. Navy Commander Major-General Sharif Al-Sadek said. Sadek said an agreement has been signed. Egypt is also planning to acquire its
      Reuter  -  63 words
    • 192 21  -  From Kingsley Wood A NEW LASER mapping technology perfected by defence acientists would be worth millions of dollars in exports, Australian Defence Minister Kim Beazley said in Canberra. Japan, France and Indonesia were particularly interested in the equipment known as the laaer airborne depth sounder (LADS),
      192 words
    • 249 21 AFP SUSTAINED Japanese demand for tankers loading oil in the Gulf contributed to stabiliaation of rsceipts in that key sector on the tanker market last week. London brokers E A Gibson said that rather high premiums had been maintained for shippers still wanting to let their vessels venture
      AFP  -  249 words
    • 137 21 THE JAPANESE Ministry of Transport has decided to approve passenger car carriers as vessels eligible for a loan guarantee from the governmental fund for demolition. The new demolition plan will operate in early November after it is officially sanctioned by the Rationalisation Council
      137 words
    • 183 21 AP ITALIAN CUSTOMS police have seized a large cache of arms aboard a ship destined for the Gulf srea, Italian news media reported. Fourteen tons of arms, mostly West Germanmade machine guns, were found by police on Friday aboard the 10,000ton Qatar-flagged
      AP  -  183 words
    • 7632 26 QOaBGyPBaB 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
      7,632 words
    • 1171 27 AT CONVENTIONAL WHARVES Barlti Arrival Departure KEPPEL WHARVES K35 otong»id» 21 10/1700 Batyunshon KI9 alongsid* *****600 Bongto* No.oe K35 oiongwj, *****359 *32 oiongvfl# 2210/1300 k3 *23 okwgw* 20I***** CD» otongwt. 21 IOOMO HMAS CwW 04 oiongule 261 (VOWO Jf** 0 0 *31 o'ongjKj. 2S >***** r** stou 00 2010 1800
      1,171 words
  • Page 19 Advertisements
    • 504 19 t em** MM Cmtcitm Uwt PESAKA JARMNE SMffWC AtOCKS SON. MO. PORT ROAM TEL Will T*M Na. MA3M77MAW PEAAN6 TEL (***** TELEX NO KA4OOP3 CFS TEIMJ PAUOAN6 TEL SI43U/3 TELEX NO. NA6OM *IhR'H AMERICA All ANTIC fXPRfSS (ROUND IHf WORID ROUTING NORTH AMERICA CALIFORNIA PN* AIST CANADA EXPORT pop; 12/12
      504 words
    • 62 19 THE REAGAN Administration has rejected appeals by American shipowners to protect their foreignflagged oil tankers from attack In the Gulf. Page II THE ARCHITECT of sweeping reforms at Italy's largest port of Genoa, Mr Roberto d'Alessandro, has decided to resign. Pag« 111 Indei to odvertisers II Shipping schedules VIII London
      62 words
    • 522 19 u BALT ORIENT LINE Baltic Shippint Co Rtfifer Santos km Saudi East Asia to H—iL It a j. norm utnoncma Ports Agont: Singapore Soviet Shipping Co Pto Ltd *****33 MAERSK LINE TRANSIT TIME TO CHARLESTON REDUCED BT 5 DATS 29 DAYS FROM SINGAPORE 34 DATS FROM PORT KELANG 33 DATS
      522 words

  • Page 20 Advertisements
    • 460 20 CM A OUTBOyND TO NORTH CONTINENT zmm i "i I'n i "i |i COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO EUROPE/MEDITERRANEAN WEST AFRICA M'AITTH LE HAVRE ETA EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS Qu i BOU.jP TO MEDITERRANEAN ■ETDIH
      460 words
    • 17 20 Lines and services represented by -Members or the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 294 20 MTO MARITIME TRANSPORT OVERSEAS GMBH EUROPE/FAR EAST CONVENTIONAL SERVICE VSL LA Cff** ANGCLC N eras PT. of LOG. Antwerp 1-T CHARGEURS REUNIS N iA P 1 F S j- I f Optorg Shipping Pte. Ltd lEL M A N.~S V yjf Fmmt DM C. T«m t SM JUAN CON KM
      294 words

  • Page 21 Advertisements
    • 680 21 The Straits Steamship Group Mansfield Container Shipping PteLtd mp&o Containers Limited STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok PEGASUS PtOCftESS VMM PtCASUS PtOGRESS VMM rPORE B'KK Pwt/a Oct a-M Oct 27-8 Oct »-H Oct BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 STRAITS MOPE VIS Skin, LD, Tm
      680 words
    • 444 21 EUROPE > fl E£ 711 tLtl TIM nm a 7i4 ma ii.ii ii.ii s 7i« nil an aia s Tia itii mi mi USA PANAMA an an nit 17.1t ILIt 11.12 ti.it ait ai ■ill nmi iiitiiiiii .y iiiiiMciiß UHMiail TO USA/CANADA WEEKLY FULL CONTAINER SERVICE wnTTwnTrtM FEEDER P. MADISON
      444 words

  • Page 22 Advertisements
    • 312 22 CO NT AINE RSHIP SE RVIC ETOU K C 0 N TIN EN T ALL UK INUNO DESTINATIONS, BELFAST, DUBLIN COPENHAGEN. AAftHUS. GOTHENBURG, KALHO. HELSINKI. OSLO. AMSTERDAM CONViSEMI CONTAINER SERVICE TO EUROPE CONViSEMICONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Bay 11/12 12/12 13/12 14/12 li/12 4/1 l/l
      312 words
    • 254 22 FULLY containerised SERVICE "toTuropiT" ORIENTAL CHIEF SCW KOREAN JACEJIN 41* NEPTUNE CRYSTAL 42« CHINA CONTAINER OH HONGKONG CONTAINER •FOR/MOTHER VESSEL CONVENTIONAL SERVICE TO PERSIAN GULF GEN AGENTS: SUB-AGENTS: CROWN MAR ME CO (PTE) LTD TEL: ***** M Uam) FAX NO: ***** M KUALA LUMPUR TEL: *****88/ PENANO TEL: *****8 SIN
      254 words
    • 379 22 FFEI6HT LINKS EXPRESS PTC LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT ACCEPTING FCL/LCL TO JAKARTA 24/10 31/10 HONG KONG 23/10 30/10 BANGKOK 24/10 31/10 KEELUNG/KAOSHIUNG 25/10 1/11 MANILA 25/10 30/10 BUSAN 22/10 29/10 TOKYO/YOKO 25/10 30/10 LCL FCL I ETA AUSTRALIA NEW ZEALAND 24/10. 2/11 AUCK, WELLINGTON,
      379 words
    • 904 22 r EVERGREEN Round The-World East Bound (FE/CARIB/USEC/fc URO/FE) SGP HKC KSC KLG PUS 00 evugleamt 221H a/u am m evu golden ani vu <11 w UII WOOEST/EVER GUAM) yu mi 11/U UAI EVU GROWTH Ulll WU llftl «1 EVU UVMGAVER CD AMD l«ll W UIU »1 evu genius «i «u
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  • Page 23 Advertisements
    • 578 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE I VESSEL RATAMA BHUW SEA HAWK SEA HAWK BANGKOK CONTAINER SERVICE VESSEL VOY SIN MY SMO SIN RLW KM INTEGRA (711 SW >1/1* J4/10 27/10 2S/10 30/10 SEA FORTUNE
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    • 209 23 T* NORBUL NORSULK CARGO SERVICES LTD REGULAR CONVBmONAL SPOHf MaPAT*ON UWTFD ».f SC* PTF iTD TFI .WMwi *1 PK SP *F0 SePG A TSDG »l '«<*« PK 3^lol Pf SANG TANJONG MAPINF SON B«0 TFi sabah tpanspac hc tfi i CHINA OCFAN SHIPPING COMPANY T TIN HC ZJ* W» TAMNEW
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    • 671 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Him TMu* Eigrtu Lapps* #u zrtu w UfU l;m am wu M *u wu 22/U 27/11 VU 12/12 17/12 21/12 2M2 *1 M 12/11 U/ll WU 2*ll 7/12 WU I*l2 2VU a/12 VI an EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAVEN rDM NAVNE
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    • 622 23 v 3 m 23 u EXPRESS SEMI CONTMNERSRIP SERVICES SINGAPORE TO EUROPE OCLAN M.MO a-vno u-ufii am u-aoi m i Miwwr A'DMVt'DAM M'tUffQl I M 2*12 2/1 I 1 Port Alexandria. Genoa, TrlasM. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO PORTS, HULL. IE HAVRE, OSLO. COPENHAGEN. AARHUS. GOTHENBURG
      622 words
    • 456 23 BOUSTEAD SHIPPING AGENCIES J* LASHIO VK HTONEYWA V22M PAGAN Vim PA-AM VUCW BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok */ll Nov 22/24 Od a/30 Oct 21/23 Oct 29/31 Oct BANK LINE KiiA ***13 Ml: IJ NORTHBOUND TO UKC SPORE ROAM HULL HMBG FORTH BANK
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  • Page 24 Advertisements
    • 948 24 SHIPPiriG-DflTfl fITLRFITkC CORST (Round-The-WorM Service) NEPTUNE GARNET VII ORIENTAL FREEDOM Vl( •VIA FEEDER •PK/PNG SM 24 Oct PRCkFIC SDUTH-UJEST FEEDER VS. *PK/PNG SP MOTHE NEPTUNE GARNET Vll Ski 22 Oct HENRY ORIENTAL FREEDOM VIS 24 Oct 29 Oct MACKII •VIA FEEDER PRCkFkC fIORTH -UJEST SP MOTHER VSL 22 Oct HENRY
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    • 236 24 AcoapOwg LCL and SowO) Africa NEDLLOYD COLOMBO 4031F OSAKA MARK 413Sf cargo— Dtract to 23/10 3/11 4/11 l/U S/11 22/11 m '•'din JARWNE SNIPPING AGENCIES (REG. *****4/ 00K) 200 CANTONMENT ROAD #12-06 SOUTHPOINT, SINGAPORE 808 M *****11 TELEX NO RS ***** TERMINAL/CFS Ta. *****11-220 BOOKINGS Ta *****34 235 9 EMBASSY/FRIENDSHIP
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    • 552 24 10 SAILINGS PER MONTH TO ■ONG KONG 20/U CHINA/NMNIU/KOBE BANGKOK/KEELUNG WEEKLY SAILING TO E. MSIA/AFRICA/USA HI ACCORD SHIPPING PTE LTD Ot'lff 10 Anspn Rd If Intffnjttonjl P ,n Spo'eO.V If .VibSfc (li I n es) I i tS- Arrora f u .VS SUh *rr K ouse (C S > fa
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    • 773 24 GOLDEN LINE GUMI GUAN SHPPMG (Pit) LTD 21. I« h* Street SMUKW IIM m M4NM (It IKS) Fa SO STRAITS/PERSIAN GULF SERVICE: 001DCN HAVEN CotomOo/Kjridtt/Oubw GOLDEN WONDER Cotomto/Karadw Dubai CHINA SERVICE SUXIA Stench* Sport P Ketone Peru 21/21 Oct 11/12 No* 22/2t Oct CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S
      773 words
    • 590 24 luesaay, uciooer PHILI Oni€NT UN€5 PT€ LTD HfAO OfflCf 63 ROBESON RCAD *0? '2 I AFRO AS BliilDlNj SINGAPORE DICS TtLtK RS 287?0 PM'U FAX 2?***** H-' if,:. I' l. tl' l ,11' ''J T. 1 *4/18. 31/10 OUMI DAMMAN KUWAIT DONA. MUSCAT. BAHRAM. ABU DHABI ft SHARJAH. JEDOAH. HOOEDAH.
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  • Page 25 Advertisements
    • 802 25 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD. rt EU/AUST TPA/SEA Ttrmirul CFS BOOKINGS. *****53 *****42 mm zm»3 wg 77*111 *****4 NEPLINE SON BHD. 3UM7 ""J NEPLINE SON BHD. 2W4033 tm/wmiw irvm NEPLINE SON. BHD. *****5/*27M0A27tti«271»2 NEPLINE SON. BHD. 23(04*23(041 TT 7T TO EUROPE/UK (VIA SUEZ): «OKr«r+ I JACtIIN I
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    • 519 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON Veuelt Nam* Sport P KeUng Inchon Buwn Hoji No 9 Donjm/707N In Port 23/10 4/11 1/11 No I DN/7QM 2S/10 30/10 11/11 IS/11 N. EJrterprtte/714M Ot/11 04-o*ll 11/11 23/11 No 7 Don*m/709N 01-10/11 11-23/11 21-25/11 27/11
      519 words
    • 722 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable«AddreM SINSOV SINGAPORE Telex Numbers BS ***** RS ***** RS ***** ■ifS HANDLING SYSTEM CO SON. UK). MESSRS HAi THONG SHIPPING 127 Pimm StrwL Pmv iu«a B*&sr" num. r
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  • Page 26 Advertisements
    • 326 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 tmesi FAX *****39 *****76 TELEX RS ***** A B SSCMA. RS ***** A 6 SSCAD VE.B DEUTFRACHT SEEREEDERF I p y INTEGRATED FULL CONTAINER SERVICE TO EUROPE STORE *CtO TNACA UTiTTTTni ■!V ,j: •VIA COLOMBO: AcceptMf cargo to INDIA Bombay. Coefcn,
      326 words
  • Page 26 Miscellaneous
    • 144 26 Regional Weather s x*-. 100E "V* 10S -*|1< SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature c AS, V Slower Weather Wmd dreetton with speed m knots ee Rom lu Cloud, Sk, Wowlw*. wmds ore indicated by arrows which Hy with the wind One
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  • Page 27 Advertisements
    • 327 27 A T IST (.1 ASS CONTAINIR TRANSPORT mWM ScanOutch 9 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY I. Butant/K. B Butanf/K Butanf/K B. Butanf/K. B. Butanf/K WJ JVM 22/10 24/10 Korrtpn/371 is is is s-ssff 14/11 12/11 1201 14/11 Nihon/400 DAI I*ll I*ll 21/U N. Otjima/411 TO RED SEA EAST MEDITERRANEAN WEEKLY
      327 words
    • 632 27 UN I PACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE S'i'f «*'fsf io» at W BASRAH MV ALFARABI MV ALRAZI EAST BOUND SERVICE ETA S PORE LOADING FOR <r ttLANG) JAPAN WEST BOUNO SERVICE ETA S PORE LOADING FOR 2*lo j«Mah Aorta. Aorta. THROUGH Mj to BAGHDAD UPON REQUEST ALSO
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  • Page 28 Advertisements
    • 271 28 Hai Sun Hup Co (Ptc) Ltd r fl .VOl'Ot TIt MS ;Vo*' MS ii t \S I I K\ \k I !\l \< II!' WEEKLY CONVENTIONAL ft HEAVY LIFT SERVICE FROM SINGAPORE/PORT KELANG TOKYO/OSAKA CAR CARRIER SERVICE TO MUARA/KUCHING KK loading at appropriated Borth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE
      271 words
    • 389 28 fr- COLUMBUS LINE REEOEREI GMBH A SERVICE OF HAMBURG SUDt EXPRESS SEMKOWTAftR SEP VICE TO m ti: gg A_L AfalCA OciAN Liwts Lid. VESSEL ETA WON! MV EFUIOI 25/10 tn mo Accaptmf FCl_ LCI wd BREAK BULK Other Wot African ports tn id—iwnt 1 LNtfM IM J-i-L jaouan, rwfiojn. LafK,
      389 words
    • 212 28 Twb hiii i WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY con-cajmmob iim con-carriers vp CON-CARRIERS IM/V ETO S'PORE nm vps Ma ETA KEELUNC opt an mi WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETO I'WK ETA STD ETA KLS CON-CARRIERS ZW 20/10 11/1115/11 CON-CARRIERS 24*7 20/10 1901 mi At* accapOnf
      212 words
    • 635 28 mmmrm ******2* 672K 07 Him 87-*****3, SUITS, SUM, SIB7I m mm LL CALL US AT: P. KELANG PCNANG J. BANKU P. GUMM SINGAPORE K LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUT AM M B. BUT AUG OTHER DESTINATIONS: AARMUS, AMSTERDAM, ANTWERP, BASLE. BREMEN. BREMERHAVEN, COPENHAGEN, HELSINKI,
      635 words