The Business Times, 23 October 1987

Total Pages: 30
1 30 The Business Times
  • 9 1 BUSINESS TIMES MCI (P) 112/12/86 FRIDAY, OCTOBER 23, IM7
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  • 192 1 THE S$ tell against the US$ to close at S$2.0890/2.0900 (S$2.0870/80) in thin trading yesterday. It also weakened against the HK$ but rose against the M$, yen, DM, Swiss franc and the US$1 144.00/10 yen, 1.8135/45 DM, S$2.0890/900 i> US$1.6500/10 M$: S$0.8252/59 Overseas nnrt®li Tiwndey HK Hang
    192 words
  • 614 1  -  London prices fall on news of an Iranian missile attack in the Gulf By AMY BALAN ASIAN STOCK msrkets, which rebounded shsrply in the last two days in line with the recovery in New York, are expected to go into a tailspin again today following the disastrous drop
    614 words
  • 210 1 Agenciee THE HONGKONG Stock Exchsnge, the only major shsre market to halt trading in the face of maaaive declines in world stock pricee, has reaffirmed Ha decieiee toetay cloeed untM next The Hongkong Stock Exchange General Committee met yeaterday evening to reassess the
    Agenciee  -  210 words
  • 420 1  -  By ALVIN TAY LOCAL INTERBANK money market rates have fallen by up to one-half percentage point, in what may be the only positive outcome of this week's stock market crash. The lower interest rates, in line with similar trends worldwide, fuelled
    420 words
  • 382 1  -  By BOEY KIT YM SINGAPORE businessmen have invested some US$27O million in 114 projects in China, most of which are in hotel and manufacturing. The figures, released by Trade and Industry Minister Brig-adier-General (Res) Lee Hsien Loong yesterday, account for 2
    382 words
  • 59 1 WALL STREET blue chip stocks regained two-thirds of their initial losses in lets morning trading yesterday. The broad market remained down over a wide range, but rising US bond prices, and a spreading prime rats cut helped prices firm. The Dow was off about 50 points after
    59 words
  • 55 1 Reuter THE LONDON Stock Exchange was sliding again at midday yesterday, after an irregular morning session. At mid-day. the FT industrial share index was 67 points down at 1,460.3. The Footsie 100-ehare index hit 1,785.5 at 1230 GMT, down 158.3 points or 8.1 per cent
    Reuter  -  55 words
  • Page 1 Advertisements
    • 163 1 A savings and a current account linked up. Where we transfer your money from your current account into savings, so it earn* you maximum interest. Call 225 5225 for more details. CfTIBAMO Tke iiakh leading bank V-fc ReslManager Wing Ban Say ftTjtt Executive Chef Hsieti Chiu Lin *fc* Welcome to
      163 words
    • 275 1 GM ready for tfia Day whan a fi RVCK9U InilllMiYl Simax trading turna cautious mm A JAPANESE maker of plastic components invested $2.5 million in a second foctory in Singapore to double its production capodty. Expected turnover! $45 million this year. HOME NEWS, Page 2 SOVIET LEADER Mikhail Gorbachev has
      275 words
    • 12 1 More reports on world dock marfcots, PagM 12,13 'China must atrtv* lor
      12 words
    • 57 1 ZOOMING POWER MNOUA Power-enlarqinq to 4 times original size. The Best of BAULY is to be found at the following authorised BAILLY dealers. Baity Boutique, Raffles City Baity Boutique, Royal Holiday Inn Dfien Boutique, Mandarin Hotel leetan, Apollo Hotel/Wisma Atria/Parkway Parade Singapore Daimaru, Liang Court Complex Robinson's, Centrepoint Soto Agont:
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  • HOME NEWS
    • 392 2  -  By TONG SUIT CHEE A JAPANESE maker of plastic components has invested $2.5 million in a second factory in Singapore to double its production capacity. And it expects its turnover also to double, to $45 million this year. Mr Y Imoto, director of
      392 words
    • 622 2 CHINA is in an economic "noman's land" facing numerous difficulties arising from its decision to open its doors to the world. But the only realistic choice that it has is to press ahead to its ultimate goal of a planned commodity economy, said Dr
      622 words
    • 161 2 THERE ARE 200 to 300 mental patients at various stages of rehabilitation who are capable of doing assembly work for manufacturing companies. And companies can play an important role in getting rehabilitated mental patients accepted into society, said Dr Aline Wong, chairperson of the
      161 words
    • 501 2  -  •y MARTIN SOONG RESTORING POWER to vital areas hit by blackouts could take half an hour, or less than half the time it currently takes, when a new $22 million system for monitoring and controlling electricity distribution comes into operation
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    • 452 2 LOCAL BUSINESSES in the areas of agrotechnology and marine aquaculture could soon be working closer with their counterparts in southern Japan as a result of the Kagoshima-Singa-pore conference held yesterday at the World Trade Centre. The two subjects have emerged as hot topics during
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  • Page 2 Advertisements
    • 34 2 Fashionable sweaters for casual moments. From a wide selection OF DESIGNS STYLED IN COMFORTABLE CASHMERE, WOOL AND COTTON. FOR THE MAN WHO APPRECIATES THE FINE ART OF DRESSING. PARIS Boutique Lanvin Hyatt And Hilton
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  • ASIA-PACIFIC
    • 291 3 AFP CHINA IS TO SEND an official delegation to Moscow next month for celebrations marking the 70th anniversary of the Russian October Revolution. This was confirmed yeaterday in Beijing. It will be the first time Chinese officials have attended the event since the
      AFP  -  291 words
    • 99 3 AFP CHINA on Wednesday rejected recent propoeals by the administration in Phnom Penh for a joint government with the Cambodian anti-Vietnamese resistance. "While Vietnam has troops in Cambodia, the statement issued by the regime in Phnom Penh is devoid of any practical significance," Foreign Affairs Ministry
      AFP  -  99 words
    • 172 3 AFP THE PHILIPPINES' main Mualim rebel group, the Moro National Liberation Front (MNLF), will shortly declare a provisional government in the southern islands, the group's leader said in Jeddah on Wednesday. MNLF chairman Nur Misuari said the idea had met with enthusiasm from Arab and
      AFP  -  172 words
    • 690 3 Congress approves 10-peso daily wage increase AP, AFP PHILIPPINE police tore down crude barricades blocking the entrances to 10 strike-bound businesses on Wednesday, the day after President Corazon Aquino vowed to stop extremists from using labour groups "to achieve a communist victory". But officers did
      AP,; AFP  -  690 words
    • 168 3 AP THE PHILIPPINE government has forbidden advanced reporting of President Corazon Aquino's visits to the countryside, and told journalists they could be excluded from the tripe if they violate the ban. The blackout was part of stringent new security measures for Mrs Aquino following
      AP  -  168 words
    • 177 3 AFP Vietnam has denied reports from Beijing that it had shelled Chinese territory on two occasions earlier this month. "These reports do not reflect the real situation on the Sino-Vietnamese border," an official source said on Wednesday. The Chinese Communist Party newspaper, the People's Daily
      AFP  -  177 words
    • 230 3 AFP SHANGHAI Mayor Rui Xingwen has said he is considering Hongkong's experience in leasing out land for economic development the New China News Agency has reported. Speaking in a recent interview with the Economic Daily, Mr Rui said that the Shanghai municipal government was making
      AFP  -  230 words
    • 118 3 AFP THE INTERNATIONAL Monetary Fund has approved a loan to Nepal of around US$3O.B million, to be given over three years. The loan, part of an IMF structural adjustment facility, includes US$9.7 million available immediately, the Washington-based agency said in a statement received in Hongkong
      AFP  -  118 words
    • 278 3 AFP SOUTH KOREAN opposition leader Kim Dae-Jung rejected yesterday a last-minute offer from his rival Kim Young-Sam to hold a party nomination convention to decide which of them should run for president. "It's too late, I have reached the point where I
      AFP  -  278 words
    • 188 3 AFP SRI LANKA needs US$2 billion in foreign aid to rehabilitate and reconstruct its war-torn northern and eastern provinces, Finance Minister Ronnie de Mel said on Wednesday. "We must have peace and restore law and order if we are to successfully carry out our
      AFP  -  188 words
    • 186 3 AFP SOUTH KOREAN Foreign Minister Choi Kwang-Soo concentrated on ways to increase economic cooperstion between Seoul snd Psris in talks with French officials on Wednesday. After discussions with Foreign Trade Minister Michel Noir in Psris, he visited the Aerospatiale plant at Les Mureaux where
      AFP  -  186 words
  • Page 3 Advertisements
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      255 words
    • 353 3 by todays technong American I •/////•mri» produces I computers i for the future. Technology is here today, gone forever tomorrow. Likewise your computers. This is sad but this is true. You should not BUY a computer. You should INVEST in one, so that you will not be caught in that
      353 words
  • Page 3 Miscellaneous
    • 55 3 CHy Max/ Singapore OUTLOOK: Mnrnt Report for 24 hoon prior to 7.30 pi on Oct 22 o* Now DoM Now York Mo 'Janeiro Romo San M»'cx> San Juan 30rm090 Soo Pawto Sydnoy Taipoi T«i Aviv Tokyo Toronto Vlonno Wanow 31/23 Sumy 26/17 door 16/14 Rain 09/04 Rain 15/03 Ooar 14/04
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  • REST OF THE WORLD
    • 335 4 Reuter SOVIET LEADER Mikhail Gorbachev appears to hava gainad a slight political advantage with the removal of first deputy prime minister Qeidar Aliyev from tha ruling politburo. Mr Aliyav's retirement on Wednesday, officially attributed to poor health, reduced the number of full politburo members
      Reuter  -  335 words
    • 243 4 Reuter US AND SOVIET negotiators have failed to complete a draft treaty banning interme-diate-range nuclear miss ilea and have left aubatantial technical detaila and political decisions for a meeting of their foreign ministers in Moscow. Delegation sources said on Wedneeday the Soviet Union
      Reuter  -  243 words
    • 295 4 Reuter A US-SOVIET treaty eliminating intermediate-range nuclear missiles (INF) must be followed by moves to reduce the East-West gap in chemical and conventional forces, General Wolfgang Altenburg, chairman of Nato's military committee, said on Wednesday. In a speech in Brussels, he argued
      Reuter  -  295 words
    • 210 4 AFP IRAN formally accused the United States on Wsdnesdsy of having entered the Gulf war on the side of Irsq. Irsnian Foreign Minister All Akbar Velayati, in a letter to UN Secretary-General Javier Perez de Cuellar, denounced US attacks on Irsnian platforms
      AFP  -  210 words
    • 463 4 AP THE UNITED NATIONS becamo involved in peacekeeping efforts in another trouble spot on Wednosdsy, sending representatives to Central America to determine how to monitor a regional ceasefire. The six-member UN team will help assess inspection requirements for the truce, called for
      AP  -  463 words
    • 320 4 AFP FOREIGN MINISTERS of the six Quit Cooperation Council (QCC) countries will meet in Riyadh tomorrow to discuss ways to chsck rising regional tension. The QCC announcement came two days sftsr US warships blasted an Iranian oil platform that the Pentagon said Iran
      AFP  -  320 words
    • 129 4 NYT ISRAEL, Jordan and the US are discussing a new proposal for Middle East peace talks in which Jordan and Israel will negotiate directly under the joint auspices of Moscow and Washington. A senior Israeli official said on Wedneeday some Palestinians
      NYT  -  129 words
    • 205 4 AP THE US SENATE paaeed a measure on Wednesdsy delaying until next year any substantial decision on whether to spprove President Ronald Reagan's Gulf policy. The 54-44 vote followed s confusing series of parliamentary manoeuvres in which the chamber first voted 51-47
      AP  -  205 words
    • 112 4 Reuter CANADIAN workers staged an unofficial strike at General Motors (Canada) as talks to reach a contract agreement before yesterday's deadline continued. GM spokesman Stewart Low said the strike had not affected the pace of negotiations. "There's no reason for it," Low said. "Negotiations are
      Reuter  -  112 words
    • 107 4 AFP THE UNITED NATIONS informed the Palestinian Liberation Organisation (PLO) on Wedneeday that its rapraaantation as an obaarvar was not endangered. despite US orders to doss their office in Washington. PLO observer Zehdi Terzi appealed to UN Secretary-Qaneral Javier Perez de Cueliar after the
      AFP  -  107 words
    • 934 4 ARRIVALS Operator Swloi number Local KM From SA UA FT MAS SU MAS SU KAl MAS MAS SU CAL OA PAL HA GU SU swt SU SU SA THAI son US005 FT71 MH601 KM MH6t1 SQ43 KB6V7 MHtll MH471 SQt03 Qt04 CX710 nj04 BU21 GA940 SO 105
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  • Page 4 Advertisements
    • 70 4 I Los Angeles 14 times a week. z* r Korean Air now flies non-stop to L. A. from Seoul ten times a week. And four direct flights via Tokyo and Honolulu. No matter how often you fly there, it's nice to know you're flying with people who go there every
      70 words
    • 34 4 The business person's chotce. every Tuesday. Thursday. Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow eorly the following morning. Call your Travel Agent or Air Canada at *****55. AIR CANADA
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  • Page 5 Advertisements
    • 79 5 te This may appear to be a somewhat subdued announcement, to those used to the more flamboyant excesses of advertising. But to the directors of Chanrai, (purveyors of the finest in gentlemen's attire for the past 127 years), it represents a giant leap into the abyss of trendiness. Thus, it
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  • COMMODITIES
    • 407 6 UPI OIL PRICES rallied on world markets after an industry trade group reported an unexpectedly sharp drop in home-heating oil and petrol supplies in the US, the world's largest oil-consuming nation. Analysts said on Wednesday that prices also were bolstered by reports from western
      UPI  -  407 words
    • 305 6 London No 6 FOB *153.40(154.80) Jan/Feb 460slr (472.5slr) Cadi 470.00/471.00 Commodity White No 5 188.0(191.00) Feb/Mar 470sJr (482.5sir) 3-months (475.00/477.00 474.00/475.00 Exchange Oil* (USS/tonne) London Metal (477.00/478.00) Buyer/Seller dosing prices on Oct 21 (£/tonne unless specified). Palm oil M'sian crude CIF UK/Rotterdam Exchange Settlement Tone: Barely 478.00 (452.00)
      305 words
    • 350 6 HONGKONG: GOLD yesterday closed higher on light buying by local investors, although professionals were sidelined due to uncertainty over the trend. Concern over an Iranian threat to avenge a US raid on two of its oil platforms helped sentiment, but traders also noted fairly strong technical resistance around
      350 words
    • 92 6 PRODUCT prices exhibited stable to firmer trend on most products. Fuel oil was actively traded upwards as sellers stubbornly stuck to higher prices above 100 fob Singapore. News of Iranian attack on Kuwaiti oil terminal led some sellers to anticipate firmer product prices by next week. Owtooi
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    • 119 6 Reuter THE KUALA Lumpur Tin Midi! price yesterday gained a cant from Tueaday'a cloaa to M 117.24 a kg aftar a short trading aaaalon, dtilcri said. Tha markat was cloaod on Wodnoaday tor tha Doapavall holiday. Trading was qulat witn Duytn DKKiing oniy 71 tonnoa at tha start
      Reuter  -  119 words
    • 242 6 Chines* Produce (USS/tonne, FOt) Exchange White Rice StKtn' noon doibQ prt Oct 22 (SI/100 kg) ces on 100% Id doss 100% 2nd doss 315 283 Coconut oil 100% 3rd doss 278 k* FOt 95.00 5% 273 Old drum FOt 105.00 >0% 268 Ntw drum FOB 109.00 15% 262
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    • 129 6 Reuter WHEAT futures on the Chicago Board of Trade on Wednesday made further gains at the close and prices closed up seven to five cents per bushel. Spot December was 51/2 cents higher at US$3.O2-1/4. Traders said prices closed firm on sustained mixed demand for the December and March
      Reuter  -  129 words
    • 128 6 Reuter CHICAGO Board of Trade soybean futures on Wednesday closed mixed with prices up 2-1/4 to off 3-1/4 cents per bushel. November was 1/4 cent higher at U555.35-1/4. Traders said the market began firm on expectations of further commercial buying on the back of unconfirmed reports that the Soviet
      Reuter  -  128 words
    • 444 6 Crude palm oil futures yesterday closed mixed in quiet trading on the Kuala Lumpur Commodity Exchange. Spot month, November, dropped Ms 4 to $769 per tonne. December eased $1 to $776 per tonne but January added $2 to $778 per tonne while February was unchanged at $783 per
      444 words
    • 279 6 Reuter SINGAPORE THE MARKET yesterday closed higher with November 1 RSS buyers quoted at 215.00 cents/kilo, up 1.50 cents from Tuesday s close, dealers said. The morning session gained 2.50 cents in quiet trading on firmer Japanese advices and shortcovering. with the recovery of stock markets around the world
      Reuter  -  279 words
    • 259 6 RAS prices mic ■wtoflrp, FOB In batoi B NOON close Buyers Saltan Buyers Sellers fart 1 RSS Prompt 218.00 219.00N 217.25 218.25N fart 1 RSS Now 87 216.00 216.50 215.00 216.00 fart 1 RSS Doc 218-50 219.00 ***** 218.00 fa# 2 RSS OP 214.50 *****N ***** 215.50N
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    • 77 6 (carts/kg, 1-ton poMan) NOVEMBER 87 DECEMBER (currant month) (forward month) RAS NOON NOON twy««i S*H«ri l»r«n SilUn SSt 20 213.50 215-50 213-50 215 JO sst so 212.00 214.00 212.00 214.00 MRELB lvy«fi Ivyan S*n*n SMI cv 270-50 272.50N 271.50 273.50N SMI I 270.50 272.50N 271 JO 273J0N
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  • Page 6 Advertisements
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      83 words

  • Page 7 Advertisements
    • 109 7 What to look for in a parachute company. The product: Highest quality construction j Proven reliability Back-up system in case something goes wrong Highest standards of engineering and technology The company: Long history of experience in the field Has resources to teach you how to use the equipment Gives you
      109 words

  • MONEY AND EXCHANGES
    • 692 8 DECEMBER Eurodollar yesterday opened easier from Chicago's closing as the upward correction lost some of its momentum following improvements in stock markets. Disappointment over the two-year US Treasury auction result also pressured the market at the opening. The December contract fell to a low of 91.93 from opening of
      692 words
    • 65 8 THE OVERNIGHT RATE on the Singapore interbank market fell 1-1/8 point from Tuesday to end at 4-1/8 per cent yesterday. One-month fell 5/16, two months fell 3/16 and three months fell 3/8. S$ Interbank rates at 7pm yesterday: OfW MO 0»«rnigh» 4 1/8 4 lHMMti 3 15/16 4
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    • 129 8 Gold futures on Oct 21 100 tray ounces; USS par troy oui ca Open M«h Lot um. Oct 4MJ0 464-50 465JO 44X10 4.90 No* 44X30 -430 Ok 471.00 472-00 467.30 ***** 420 Hb M 471-50 478.50 47X50 ***** •400 -H5 00 445.00 480.20 in 00 3.90 Jun
      129 words
    • 232 8 Asian market ASIAN dollar deposit rates yesterday closed sharply lower compared with Tuesday's close, after thin trading. dealers said. Overnight cloeed at 611/16 6-9/16 per cent, down one percentage point from Tuesday's level and weekfixed at 6-15/16 6-13/16 per cent down 15/16 point. Asian dollar CD rates ended sharply weaker
      232 words
    • 1458 8 INTEREST RATES OPTIONS TNM day, C >0obM 20. 1 1987 EIMOOOLLAM (CMC) ft* ■M of 188% DM I KM Ami c M 0«H M^ AM* 9123 044 0.94 049 040 044 070 040 9130 0.47 043 075 047 043 9175 0l52 049 044 0l47 0.74 093 9200 0.40 047
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    • 86 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER HIGH LOW 3 months BQ*****T 21.1.88 3.60 3.55 3.63 3.40 6 months BS*****S 21.4.88 3.63 3.58 3.67 3.50 1 yoor &Y*****H 22.09.88 3.72 3.67 3.85 3.68 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      86 words
    • 392 8 #>!>' j 12 ma|or banks In S'pore Interbank market rates (offer/bid) on Oct 22 us$ DM SWFC Y«n 7 4my% 7 *7/0 7/« J/4 3 13/1* 11/1* 7 1/3 7 4 l/t* J 1 J/l* 1 «ii 7 1/4 7 1/9 *7/»- 1/4 3 13/1* 11/1* 3
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  • Page 8 Advertisements
    • 466 8 X Allied Irish Banks pic (Incorporated in the Republic ot Ireland with l imited 1 iahilitv) Consolidated Balance Sheet 31st March, 1987 Capital and Reserves Share Capital Share Premium Capital Reserves Revenue Reserves Shareholders' Funds Minority Interest in Subsidiaries Undated Loan Capital Dated Loan Capital Deferred Taxation Current Liabilities Current,
      466 words
    • 108 8 CARPET AUCTION Sunday Oct 25. 1987 at 2pm San Marco Marco Polo Hotel Tanglin Road Singapore 1024 Oriental Carpet Palace (Pte) Ltd Singapore offers the best buys in the world for genuine Persian. Turkoman Afghan carpets and Kilims Take advantage o f our free lectures TAN CHONG TOWER SERVICE APARTMENTS
      108 words

  • BANKING AND FINANCE
    • 521 9 Reuter PLUNGING share prices threaten the British public's confidence in a privatisation programme that has been a cornerstone of Prime Minister Margaret Thatcher's ambitioua economic policy, share analysts said on Tuesday. As billions of pounds were wiped off share prices in London for the second
      Reuter  -  521 words
    • 109 9 Reuter JAPAN'S three long-term banks are expected to decide by as early as Friday evening whether to raise their long-term prime rate, probably by 0.3 or 0.4 percentage points, from the current 5.7 per cent, bankers said. The banks want an
      Reuter  -  109 words
    • 267 9  -  By ALVIN TAY UNITED BUILDING Society. New Zealand's largest building society, is raising US$lOO million on Asia's capital markets through a notes facility. The three-year revolving facility, with issue of notes maturing in one to six months' time, is lead managed by
      267 words
    • 738 9 Reuter SINGAPORE: THE US dollar yesterday closed lower against most major currencies in thin trading due to local profit-taking and overseas selling, dealers said. They aaid the dollar's underlying sentiment was slightly bullish helped by news that President Reagan might consider increasing taxes to trim the budget deficit.
      Reuter  -  738 words
    • 330 9 AFP HONGKONG Governor David Wilson said in Washington on Wednesday that hia talks with US officials "touched on" breaking the link between the US and the Hongkong dollar and emphasised that tha bond between the currenciee remained firm. "That aubject haa
      AFP  -  330 words
    • 354 9 Reuter PRESIDENT REAGAN, in a major policy reversal, said on Wedneeday ha would ba willing to consider a tax increase in ordar to cut tha budgat daficit avan though ha still thinks it's a bad idea. Mr Raagan latar raitaratad his willingnaas to compromisa
      Reuter  -  354 words
    • 290 9 THE BANK of China (BOC) is now a principal member of Visa International, following the signing of sn agreement between the bank and Visa in Beijing on Tueeday. The bank, which is s stateowned socialist enterprise and the specialised foreign exchange bank
      290 words
    • 107 9 Reuter A HOUSE of Representatives subcommittee will investigate the causes of Monday's huge slock market drop focusing on program trading, chairman Edward Markey said. "The burden of proof is on the financial community to demonstrate the benefits of program trading outweigh the enormous
      Reuter  -  107 words
  • Page 9 Advertisements
    • 175 9 QUALITY BEFORE YOUR EYES fc Smooth,clear vision at any distance The true version by Rodenstock. Left and right, you have heard about progressive power lenses. Here's the version you've been waiting for. At a time when people were still talking about ordinary bifocals, Rodenstock developed the pace-setting Progressiv R. The
      175 words
    • 120 9 TJk October 21 24,1987. From 7.30 nightly. Garden Ballroom (Level 2) Royal Holiday Inn Singapore Enjoy an unforgettable evening of great German fare, beer-drinking, lucky draws, games and dancing. Be entertained by 10 fabulous Bavarian musicians specially flown in from West Germany by Malaysian Airline System. Be a two-time winner
      120 words
  • Page 9 Miscellaneous
    • 30 9 Doonesbury J-J-JUMPIN 1 JOE REALLY PGAPPOMX>ME,KNOVWMTUHr ise*BHomeerrH6THPPa> CAREFUL, HOUTSVm HEADREST, YDUUYZ HAOAB6 HOUSE. ft <? N ■s r v A u BY GARRY TRUDEAU 2 M* r? E Z Jr^ m
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  • PERSPECTIVE
    • 515 10 JAPAN'S OUTGOING Prime Minister Yasuhiro Nakasone played a major part in the reshaping of Japan's world role, acceding to international pressures to revalue the yen and to push government defence spending beyond the previously ordained limit of one per cent of gross domestic product. On the
      515 words
    • 1909 10  -  What makes for a successful family business? Indeed, what makes for a successful partnership between father and son? For inherent in that relationship is the Asian tradition that the younger should obey the older and seldom should he question dad's wisdom. To find out, BOEY KIT
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  • Page 10 Advertisements
    • 159 10 Aoauaco Come to Italy i lit. W V Sir > V r A"' ill***WV f ■a -i. *#>. 4 >-«BS n r ss S"»Ss I£.« A warm welcome from MPS Banking Group. With its international network, expertise and tradition, the MPS Banking Group is prepared to handle your every banking
      159 words
  • Page 10 Miscellaneous
    • 700 10 vmwwm mmmm CRYPTIC PUZZLE 4 Portion of aoie on a plattar. net vary freeh (6) 7 Directional guide lor toreigners and a aaaman <4-») I Domatfilnj to keep Blocking up? (6) 10 Fruit cantraa (5) 13 Saa Pat about an agreemant (4) 14 We're refaahioning a veeaei (4) 15 K'a
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  • SPORTS & LEISURE
    • 470 11  -  -by Walton Morais SINGAPORE'» amateur golf stars Samson Qimson and M Balraj rsturn nsxt week to the land where they fought a famous battle for the Hongkong Amateur Open title laat year, and with the way things are
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    • 374 11  -  br Cherrie Holder BAD McENROE would've done well for himself if he'd come over for the Philips Singapore Open veterans tennis championships at the Hollandse Club this vfcek Instead of foul-mouthed obscenities, arguments with umpires and temper tantrums, the 117 gentle-men and ladies have
      374 words
    • 582 11 AP TOM LAWLESS'» three-run homer triggered a six-run romp aa the St Louia Cardinal» rallied in the fourth-inning and beat the Minneeota Twine 7-2 on Wed needay night, tying the world eeriee at two gamea each. The Cardinata, overpowered in the first two
      AP  -  582 words
    • 287 11 UPI ZINA GARRISON, the fourth seed, loet to fellow American Kathy Jordan in the first upset of the Volvo Claeaic women'a tennis tournament on Wedneeday. Jordan captured the laet eight gamea of the first-round match on her way to a 6-7 (4-7), 6-2,
      UPI  -  287 words
  • Page 11 Advertisements
    • 157 11 Win a top prize Down Under! Return airfare on Qantas and a complete Wirrina Resort holiday for two in Australia.... plus five consolation prizes of golf memberships worth A 51,500 each. Ist Prize For six glorious days, you and your mate get to sample a taste of life in the
      157 words
  • Page 11 Miscellaneous
    • 1161 11 wjsmmm B 12 PM SAC Tsxt Sample Fog**. Opening end Programme Kighßghts foftowed by World Cydtag Championship 1967. The Performing Am of Oilna The ChMdrom Tomorrow Artistes (Last episode). Appiouse The Jazz Singer (r). The Ascent of Man (r). Personal View. 4JO World News. 449 Twenty-four Havre News Summary. 4.30
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  • WORLD MARKETS
    • 210 12 Reuter TOSHIBA Corp's parent profits in the six months to Sep 30 are likely to reach or exceed the company's forecasts, despite a furore over illegal strategic exports to the Soviet Union by a Toshiba subsidiary, according to industry analysts. "The company is
      Reuter  -  210 words
    • 114 12 Reuter MERRILL Lynch and Co Inc said its unit, Merrill Lynch Specialists Inc, has signed a letter of intent to acquire the assets of AB Tompane and Co, a specialist firm on the New York Stock Exchange. Terms of the sgreement were not
      Reuter  -  114 words
    • 971 12 New York Reuter THE NEW YORK stock market scored a record one day point gain on Wednesday. benefiting from bargain hunting and strong dollar and bond market advances. But scepticism continued to prevail and investors looked for further signs the market will sustain a rebound
      Reuter  -  971 words
    • 749 13 London Reuter A STATEMENT by Kuwait that its main oil export terminal was hit by an Iranian missile sent shares on the London market yesterday plunging again in hectic midsession trading, dealers said. By 1227 GMT. the FTSE 100 index
      Reuter  -  749 words
    • 1089 13 Amsterdam OCT fl PL8 ABN 41.20 2.2 70 SO 6 5 AhoM 84.00 1 144.00 is ***** AMEV 90.90 >48 Amro Bank. Am Stad. 88 90 101 00 35 +4 BOLS 131.90 4-6 Buahrman T—ain Catva 6a.- Elaaviar 48.90 >7.6 FaMar 34.00 -4 5 QMbroc 43.00 >2 Hoooown Hunoou 196.90
      1,089 words
    • 417 13 Reuter EARLY record gains on the Australian «hare market yesterday of almoet 10 per cent were slsshed by almoet two-thirds by the cloee as nervous bargain hunters sold back stocks across the boards. Brokers said the turnaround, mirrored in both Tokyo and New Zealand, saw the All Ordinaries Index
      Reuter  -  417 words
    • 239 13 Kottn 41.00 -2.1 OCT > 1 IT t 9.79 71 JO 90 00 I" -0 09 -2 -0 5 Kuochan Dav Laa Chang Yuan 57 90 99.40 -3 -1.9 UanHwalndua Nan Va Piaa 49 JO 72 00 -2.9 -3.9 Chang Hara Bank... Chang Loong CMa m*n Camant ***** 99.90
      239 words
    • 117 13 oct a i b Kal ***** -100 Kangwon Ind Kia Motor ***** ***** -210 -1610 Cttail Sugar Daallm Ind ***** 2S300 ***** ***** ***** ***** ***** ***** 16ff80 •*-400 800 130 Koton Ind Koraa Long Tarm 1 ucfcy Ltd M600 ***** ***** -350 1010 400 Daewoo Heavy... 280 Oriental
      117 words
    • 484 13 Reuter SHARE PRICES closed sharply higher on Tokyo market yesterday after heavy trade, but afternoon profit-taking erased more than half of the morning's breakneck advance. The 225-share market index closed 457.05 points higher at 24.404.45. At mid-morning it hit a peak of 24,981.67. On Wednesday the index soared 2,037.32,
      Reuter  -  484 words
    • 147 13 Reuter THE SECURITIES Exchange of Thailand Index rose 8.05 points to 399.48 on a turnover 0t8.845.378 shares worth 1,244.39 million baht. Reuter OCT a BAHT Ao Kham Thai 190 ■4 Ayudhya Invnimint 530 -50 Bangkok Aground 100 11 Bangkok Bank BankOI Ayudhya Charoong Thai Wira 361 414 32 14
      Reuter  -  147 words
    • 84 13 oct a i pesos Marcoppar Marmtaai -.1 SO 0.4 OianUi B 0.11 0 02' Acoja Mining Phil Ovaraaaa .,.***** 0.029 Anglo Phil 002 -0 002 0 0025 unch Picop B AttaaCon. 8 Baguto Gold 29 50 PLOT San Migoai B 165 135 ...0.029 23 10 0 00T Baste Patroiaum
      84 words
  • Page 12 Advertisements
    • 925 12 to WIK( iiutC iUtd A great time with great people*/'?^ Enjoy an evening with wfUJv J those wonderful people who gave you the great hits of yesteryear. Familiar melodies that you can sing or dance to. Happy Hours: 5 pm 8 pm, Monday to Friday 25% off on all loose
      925 words
    • 178 12 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: S3l /Child: $15 Prices subject to 10% service charge and 3% govt. tax. The
      178 words

  • Page 13 Advertisements
    • 424 13 ir.^ *0 Thebest cfGadoGado KINTA*MANI —I NDONE SI AN R E STA URAN T Exotic. Definitely Indonesian. Just what you love in a Gado Gado, and more! Exclusively at Kinta Mani. Where a whole spread of fine Indonesian specialities awaits you. Level 3 Opening Hours: 12noon 3.00pm 6.00pm 10.30pm Ample
      424 words
    • 51 13 CHINESE FOOD, CHINESE TEA, IM t 1 m t I t m *y.« t ll* y mbxjm out wurrc i if 30 dry wine which dtrivt* it* re Mmm (rapes grown in thr Ti»njm of China ■<« c*wwiich JOWT vy/nm i WINE. m,a. IF IT COMES WITH CHOPSTICKS. IT GOES
      51 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4027 14 THE SINGAPORE STOCK market recovered billions of dollars of its capitalisation in a sharp rebound, yesterday, after two days of historic falls. The Straits Times Industrial Index climbed a record 124.14 points to close at 1.085.64 while the BT Composite Index rose 100.86 points
      4,027 words
    • 274 14 SINGAPORE Rises ,n<,,C S?20 0 s 11»0 340 Oo 33 S 1 A 1070 200 ■T Campari* •54 J 2 9554* FAN 90S 175 »TO*/OS -539 -43* U O 1 360 130 IT Cadi -*549 -*494 Ohr Do* SO* 350 130 •T 10-day MA -*2ia -*3*1 YVagriui
      274 words
    • 4539 14 SECTION ONE MourmiAL A COMMERCIAL Acmo II SOB I 60 SI IS 170 1191 160 (2) I 55 Oil 140 111 180 Ml 150 15 1 53 IS 157 Q7I 155 (71 153 Anal Stool 50« II 90 SI (71 I Q) 2 20 (2)
      4,539 words

  • COMPANY NEWS
    • 131 15 Bernama ES TRACTORS MALAYSIA Holdings Bhd, a member of the Si me Darby group, has achieved a significant rise in the supply of heavy equipment, following improved trading conditions in the East Malaysian logging market. Chairman Tunku Naquiyuddin ibni Tuanku Ja'afar said the improvement
      Bernama ES  -  131 words
    • 202 15 C Storage (M) starts work on complex CONSTRUCTION WORK on the 2 1/2-storey shopping podium at the Cold Storage (M) Bhd site at Jalan Raja Chulan in Kuala Lumpur has recommenced. When completed in October next year, the complex will have CSB's own retail businesses as main anchor
      202 words
    • 576 15  -  By LISA LEE UNITED INDUSTRIAL Corporation has "dressed-down" its projected profits for the current financial year ending December in view of the current turmoil in the stock markets which is expected to have an adverse impact on business. In its
      576 words
    • 4228 15 THE KUALA LUMPUR stock exchange staged an across-the-board rally yesterday in active trading after two consecutive sessions of unprecedented losses. Brokers had a field day as bargain hunters and optimists flooded the market from the opening bell, pushing pricee substantially higher. Advances of Msl and above
      4,228 words
    • 373 15 DATUK MALEK MERICAN has reiterated his proposal that a securities commission be established and made the central agency for overseeing, regulating and ensuring the sound development of the securities industry. Delivering a paper at a securities conference in Kuala Lumpur. Datuk Malek,
      373 words
    • 280 15 Monogers' prices DBS Bank for Oct 23 Shanton Gr Fwid* Japan Gr Fund* 087 I 33 0.9I I 38 Singapore Unit Trust Shanton Thrift Fund* 0J7 047 Tha Commrc* 103 1 10 UOB Management Th* Savings Fund 090 09* UmtundQ 047 047 S'por* frog Fund 041 045* Umbood
      280 words
  • Page 15 Advertisements
    • 551 15 MALAYAN CABLES BERHAD (Incorporated in Malaysia) A member of the Sapura Group ANNOUNCEMENT OF RESULTS FOR THE SIX MONTHS ENDED 31 JULY 1987 The Board of Directors hereby announce the unaudited results of the Group and Company for the six months ended 31 July 1987 with appropriate comparative figures as
      551 words
    • 143 15 176. Orchard Road. #03-45/46 Centrepcxnt. Singapore 0923 Tel: 235-6268. 732-8593 Business Hours: 11.30 am 11.30pm APPONTMENT INVESTMENT ANALYST James Capel, a leading firm of international stockbrokers, is seeking an experienced analyst to join its existing Singapore research team. A key factor to James CapeTs success has been its commitment to
      143 words

  • FOCUS
    • 927 16 Reuter IN CORPORATE boardrooms and in millions of homes around the world, budgets are being re-ex-amined in the light of losses suffered on the stock markets. The shake-out promises a ripple effect through household and national economies, although the extent will not be clear
      Reuter  -  927 words
    • 150 16 Reuter HONGKONG BROKERS are diehards they have been actively dealing in shares despite the closure of the stock exchange. The exchange closed its doors for the week on Tuesday rather than face another selling wave but that has failed to deter investors eager to dump
      Reuter  -  150 words
    • 339 16 NYT STOCK BUYBACKS by major US corporations accelerated on Wednesday as dozens of companies went hunting, both for bargains and increased insurance against takeovers. The Bristol-Myers Co announced on Wednesday a buyback of up to 25 million of its shares, and the
      NYT  -  339 words
    • 162 16 NYT THE NEW CHAIRMAN of the US Securities and Exchange Commission, David S Ruder, has ordered an investigation into the stock market's plunge and partial recovery to determine what steps should be taken to ameliorate future market volatility. Ruder's comments, which came after
      NYT  -  162 words
    • 949 16 AFP ALTHOUGH its full impact may not be known for months or even years, analysts across Asia and the Pacific are trying to assess the immediate repercussions of this week's stockmarket crash, the biggest in history. A survey by Agence France-Presse in the
      AFP  -  949 words
    • 626 17  -  THE CRASH OF 1987 By AMY BALAN MARKET ANALYSTS, while thankful for the mild rally in the world's stock markets, are warnioo participants to brace themselves for the aftershocks that are bound to follow the biggest upheaval in me history of the securitiee industry. Selling
      626 words
    • 433 17  - Day when a few kicked themselves •y LISA LEE THE LOCAL MARKET'S rebound yesterday had a few investors kicking themselves over soiling their afcaree in panic on Black Monday and Terrible Tuee<*y Trading boys in the pits at the SES ate late lunches and said that trading had aaklom boon
      Picture by ARTHUR LEE  -  433 words
    • 980 17  -  Was the Crash of *87 unavoidable? Financial Editor PATRICIA M SCHERSCHEL takes a look at the reasons why it needn't have been so painful. PATRICIA M SCHERSCHEL WAS THE FINANCIAL CARNAGE of Monday and Tuesday really necessary? We're not talking only about
      980 words
    • 419 17  -  By SOH TIANG KENG TRADING at the Singapore International Monetary Exchange (Simex) resumed yesterday with dealers taking a cautious stance after the record turnover of nearly 50,000 lots on Tuesday. .Thursday's total volume amounted to about 15,000 lots, the bulk representing Eurodollar
      419 words
  • Page 16 Advertisements
    • 595 16 NOTICE NOTICE IS HEREBY GIVEN that, I Yap Siew Chin of No. 7 Tanjong Pagar Plaza #18-103 Singapore (0208), have applied for a RETAIL LIQUOR SHOP licence in respect of premises at M/S Chan Kai Heng at 51 Temple St Singapore (0105), and that this application will be heard in
      595 words
    • 461 16 TENDERS FOR CONSERVANCY MACHINES The Board has introduced Interest Free Financing Scheme for Conservancy Contractors to purchase conservancy machines Only suppliers/contractors who participate in this tender exercise will be allowed to participate in the Board's Interest Free Financing Scheme for Conservancy Contractors Separate tenders are invited for each of the
      461 words

  • Page 17 Advertisements
    • 181 17 IN THE MATTER OF THE COMPANIES ACT CHAPTER 80 MOOI CHIN CATERING SERVICES PTE LTD (In Member*' Voluntary Liquidation) FINAL MEETING OF MEMBERS NOTICE 18 HEREBY GIVEN pursuant to section 906 of the Companies Act, Cap SO that a Final General Meeting of the Members of the abovenamed company will
      181 words
    • 481 17 NOTICES ir:i. rr\., vi. COMPANIES ACT. CAP. SO AND IN THB MATTER OP JACKLYN BEAUTY DE PARLOUS PR LTD NOTICE OP SPECIAL mta At an Extraordinary General Meeting of JACELTN BEAUTY DE PARLOUR PTE LTD duly convened and hold at 36 Selegle Road. #08-03. Singapore 0711 on 19th October, IM7
      481 words
    • 478 17 IN THE MATTER OP THE COMPANDES ACT, CAP 80. AND IN THE MATTEE OP SINGAPORE CHLOEELLA COMPANY LTD NOTICE OP SPECIAL RESOLUTIONS POR MEMBERS' VOLUNTARY jljij i. rjij At an Extraordinary General Meeting of SINGAPORE CHLORELLA COMPANY LTD duly convened and held at 621 Aljnnled Road #04-04. Llpo Factory Building,
      478 words
    • 480 17 TOE MATTER OP COMPANIES ACT CAP. 80 AND m MATTKR OP WAH THYK .Ml T777TT (Pursuant to Bectton SMOXb)) At an Extraordinary General Meeting of the company held at Meeting Room 16A, OUB Centre. Raffles Place #16-00 Singapore 01M on II October IM7. the following Special Reeolutlon *u peeeed: It
      480 words
    • 442 17 3? 3d IE tt jr. m At an Extraordinary General Maeline of member* of PNIWORLD ENTERPRISE (PTE.) LIMITED duly oon▼ened and held at 5001 Beech Road. #04-». Golden Mile Complm. Singapore <mt, oa the Ukh day orOotober IM7. the following Reeolutlona were duly fcPBCIAL RESOLUTION THAT the Company be wood
      442 words
    • 537 17 IN THE MATTER 0# THB COMPANIES ACT, CAP. M AND IN THI MATTE! OF DELVOTEC SALES* SERVICES (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-OP) At an Extraordinary General Meeting of the membora of Delvotec B*l ec ft Service! (Singapore) Pte Ltd duly oonvened and held at No. 19, Joo Koon
      537 words

  • LATE FILE
    • 73 18 AFP THE US's largest bank, Citibank, said yesterday it was cutting its prime rate by a quarter point to 9 per cent, and was quickly followed by First Chicago Bank. Other major banks are expected to follow suit. The move follows hectic trading, started
      AFP  -  73 words
    • 56 18 Reuter TAIWAN, holder of the world's second largest foreign exchange reserves, is selling some of its US dollars and buying other currencies after losing more than NT$37O billion (US$l2.3 billion) since September 1985 because of a 30 per cent surge in the value of the local
      Reuter  -  56 words
    • 35 18 Reuter LEBANON'S pro-Iranian Islamic Jihad (Holy War) organisation threatened yesterday to launch attacks against the US and Europe and said Moslims in the Gulf were preparing for suicide missions. Reuter
      Reuter  -  35 words
    • 59 18 AP SOVIET POET Joseph Brodsky, who is living in exils in the US won the Nobel prize in literature yesterday, the Prize Committee announced. His climb to world literary recognition began the hard way with his arrest in 1963 and subsequent sentence to hard labour
      AP  -  59 words
  • 64 18 Reuter GOLD FUTURES yesterday gave back nearly half of the early gains after the slump in Wall Street stocks fostering fresh concern over cross-margined selling of the metal by poorly financed stock investors. December gold retained a moderate advance of US$2.5O at U*****.20 an ounce, coming out of
    Reuter  -  64 words
  • 571 18 Agencies IRAN yesterday fired a -Silkworm missile thst struck and set ablaze the offshore loading terminal in the Kuwaiti port of AlAhmadi, Kuwait's defence minister charged. Sheikh Salim Al-Sabah said Kuwaiti forces stationed on Failakah Island saw the missile leave Iraq's Faw Peninsula
    Agencies  -  571 words
  • 264 18 TAN SRI Khoo Teck Puat has been named in five charges of conspiracy to defraud, cheat and commit criminal breach of trust in the billiondollar National Bank of Brunei fraud case. The head of the Goodwood Group flew out of Sydney, Australia, on Tuesday,
    264 words
  • 320 18 A NEW COMPANY offering sophisticated design capabilities for users of integrated circuits plans to use Singapore as a base to service the European and Asia-Pacific markets. The company is Silicon Compilation Technology Re Ltd. Its head office and Application Specific
    320 words
  • 68 18 Reuter AUSTRALIA'S major civil service unions said their members would strike for 24 hours today to press a wage claim. About 60,000 workers were expected to join the strike, union spokesmen said yesterday. The independent Arbitration Commission has recommended a 4 per cent pay rise.
    Reuter  -  68 words
  • 189 18 THOSE WHO CANT, just rttd about it. Those who can, jump off a cliff. On the count of thraa, our Executive Lifestyle writer jumped on a double bang glider and bolted down a steep cliff with fear and sharp excitement. For those who may be feeling
    189 words
  • 210 18 Reuter SOUTH KOREA announced its biggest monthly current account surplus yesterday, showing that its vibrant economy had weathered a wave of summer strikes. But government officials expressed acute concern over widespread inflationary pressures at home, and the likelihood of tougher US calls for Seoul to
    Reuter  -  210 words
  • 365 18  -  By BOEY KIT YIN MOVES BY the United States to relax its export controls on high-technology goods to Singapore are seen by the government ss an opportunity to increase bilateral trade, draw more US investments here, gain more access to US technology and build up
    365 words
  • 235 18 Reuter THE personal computer revolution is taking another leap forward with the arrival of a new generation of machines twice as powerful as those now in use. Most of today's personal computers are 16-bit machines. processing 16 pieces of information simultaneously. The new personal computers
    Reuter  -  235 words
  • Page 18 Advertisements
    • 197 18 This announcement appears as a matter of record only. BUiLUhG SOCIETY (a body corporate registered under the Building Societies Act 1976 of the State of Western Australia) U5575,000,000 Note Issuance Facility Arranger Chase Manhattan Asia Limited Managers Chase Manhattan Asia Limited Banco di Roma Hong Kong Branch Credit Lyonnais, Singapore
      197 words
    • 99 18 9— Shipping HmM Pg XI sick and tired of looking for the right apartment? Why not drop in to our Open House, have a cod drink, enjoy the views and pleasant surrounds, see our "country dub'* 1 facilities, appreciate the Orchard Rd location arid take comfort in tip-tqp 24 hr
      99 words

  • SHIPPING TIMES
    • 497 19  -  By LINDA CHEE TRANSPORT SERVICES in the long-term will be integrated into the manufacturer's production processes ss reaching markets just-in-time (JIT) grows into a vital concept around the world. The emergence of JIT as a major influence was emphasised at the World Freight 3 Conference in
      497 words
    • 124 19 Bernama A ONE-OAY seminar and dialogue on intermodal or multimodal tranaport will be held in Batu Pahat next Monday. Sponsored by Kontena National, Malayan Railways and Klang Container Terminal, the event is to enlighten shippers, consignees, container shipping operators and freight forwarders
      Bernama  -  124 words
    • 100 19 AP DAEWOO Shipbuilding and Machinery has received a US$lOO million order for two crude oil tankers from Gotaas Larsen Shipping Corp of the United States. The South Korean shipbuilder said the contract. which was signed in London on Wednesday, calls for delivery of
      AP  -  100 words
    • PORTSIDES
      • 103 19 MATSON NAVIGATION has completed its fleet expansion programme for the 1960s with the delivery of the Mataonia. Converted and lengthened for US$4B million, the veesel can now carry 20 per cent more. It has the capacity for 1,300 trailers, 422 cars and up to 3,200 tons
        103 words
      • 115 19 AUSTRALIA will have a new ship to serve its Antarctic bases by the 1969-90 season. Environment Minister Senator Graham Rchsrdson said in Canberra. He told a Senate Committee that he was confident the government would make the necessary funds available. Senator Richardson said a replacement
        115 words
      • 91 19 LYKES Broe Steamship has elected two new assistant vice-preeidents. Steven R Bluet is now assistant vice-president, liner services Mediterranean division, and is responsible for overseeing and co-ordi-nating Lykes Gulf/US east coast/Mediterranean service. He Joined the US carrier in February after accumulating extensive experience in intermodal traffic,
        91 words
    • 1003 20 Reuter FORMER ROYAL Marina Commandoa, veterana of Britain's jungle and urban guerrilla wara. are teaching supertanker crewa the art of aurvival in "Exocet alley" on Iran's Qulf oil ahuttle run. "When I first came out, It waan't so bad,"
      Reuter  -  1,003 words
    • 930 20 Aiskn V 5 ABC Cortrtmr VM 1 Accord Shpg VI 3 AtlrMkM Unor n 1 Africa Ocaon XI 2 Altroni VI 9 AC To^pr n s A—ricon Tpt XN 4/5 Anro Sorvico IV 2/3 Arrow Um* K s Alton Ocaon VI 3 Altai Um 1 5 AMI
      930 words
    • 1397 20 NORTH AMERICAN dry cargo charter ratM fir mad significantly on tha London shipping fralghts markat on Wadnaaday on rumors of sctivs Soviat grain purchasing. Bunga flxad tha Almars Quarts at a firm U5510.25 (fio) for a 70,000-ton light grsin ahipmant from tha US Quit to Rotterdam after Nov
      1,397 words
    • 396 21 Lloyd's List SHOWA LINE is likely to rationalise its operations further following a forecast that pre-tax losses for the current year will reach 5 billion yen (U5534.9 million). The company which la the smallest of the six Japanese shipping majors had hoped to
      Lloyd's List  -  396 words
    • 159 21 CargoNews Asia THE CURRENT upewing in the trans-Pscific refrigerated goods trade over the next five years msy spproach or exceed 11 per cent annually. According to Elliot Schrier, president of US-based Manatytics Inc, the depreciated US dollar is making US agricultural produce, fish
      CargoNews Asia  -  159 words
    • 229 21 Fairplay THE BRITISH government hu extended Britain's territorial waters from skm to 19km around the coast which now means that the whole of the Dover Strait is now within Britain or France's national jurisdiction. At the same time, the UK Department
      Fairplay  -  229 words
    • 164 21 AN INLAND intermodal facility will be aet up by Virginia Port Authority in mid 1968. The Virginia Inland Port ia aimed at attracting truck traffic from a radius of about 321 km for consolidation onto railroad services to the port of Hampton Roads. It
      164 words
    • 186 21 AP THE CHINESE port city of Ningbo will soon begin a passenger boat Una from Hongkong cataring to paopla from Taiwan wishing to aaa the reeidence of Chiang Kai-Shek, the China daily said. The official daily quoted Ningbo Vice Mayor Ye Xinhu aa saying
      AP  -  186 words
    • 48 21 THE FIRST operational trials with 14-man crews under Japan's pioneer ship programme are due to begin early next month. The experiment will uae either the 2,020-TEU container vessel Southern Cross Maru of Mitsui OSK or the 2,500-TEU Manhattan Bridge, owned by "K" Line.
      48 words
    • 96 21 C APT AIM Feng Hln Tat has achieved a first in Singapore when he cleared the Extra Master Part A and Part B examinations conducted by the UK's Department of Transport The achievement waa the realisation of a 12-year dream. Capt Fong, assistant controller of the Port
      96 words
    • 100 21 AP THE WORLD'S largest incinerator ship wss towed back to Rotterdam on Wedneaday, three days it was damaged during a high eeas protest sllegedly involving the Greenpeace environmental organisation. Jan Kees Schweers, s spokssmsn for the Vutcmnus ir% owner. Ocean Combustion Service (OCS), accused Greenpeace
      AP  -  100 words
    • 8413 26 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 esti- mated dates of arrival and departure from the Port of
      8,413 words
    • 1011 26 THIS FORTNIGHTLY REPORT, compiled by Cocked Marine Oil Ud. shows pries ranges in US dollars, instead of single prices lor more comprehensive description 1 of the market Prices shown are baaed on average sized etem. Market movements are indicated. The Cocked Bunker Price Index chaise and the
      1,011 words
    • 1286 27 AT CONVENTIONAL WHARVES fall aba ng to Wifoyo baua ralaanton 1 k I* M2A ekmgada M28 ilaipUi M4A *****700 KEPPEL WHARVES Ak Dedwolioft C33 b Horwofly Kit ff Con»ayo f KIS Mx»o Venture r 32 m«oo Geroldi K36 Jwww Wl Koto Sotoo K3I Morwgo CIO Nippon Moru/P
      1,286 words
    • 1991 28 A B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrsns Express. American President
      1,991 words
    • 405 30 MEDITERRANEAN box traffic will reach 5.82 million by 1990 and virtually double to 10.24 million TEU by the turn of the century. In the same span the region's share of global trade will increase from around 16 to 17.8 per
      405 words
    • 199 30 Reuter ABOUT 80 MINES have been detected in the Gulf in the past year, a French Defence Ministry spokesman said. He said the mines were found along the length of the Gulf, from its northern waters to south of the
      Reuter  -  199 words
    • 144 30 Reuter A MISSILE hit Kuwait's Sea Island oil terminal, shipping sources reported. *They said the missile scored a direct hit on the export terminal some 16kms off the coast of the Arab emirate at the head of the Gulf. The attack came three days
      Reuter  -  144 words
    • 170 30  -  From KINGSLEY WOOD THE AUSTRALIAN Waterside Workers Federation has ventured into private stevedoring. The entry has been welcomed by the Australian Wheat Board. AWB acting chairman, Mr Michael Shanahan, said while the impact of the overall industry at this stage may be small,
      170 words
    • 355 30 Oct 17-28 27th international boat show, Genoa. Oct 20-23 World Freight 3, multimodal freight trade and transport show, Barbican, City of London. Oct 20-23 Cargo insurance clauses workshop organised by Insurance Reinsurance Research Group, at the Waldorf Hotel, Aldwych, London WC2. Oct 20-Nov 27 Port operations and management,
      355 words
  • Page 19 Advertisements
    • 677 19 SSSS Term® 44 c? •v/ POTT R£UM TIL *****1 TrMR Nt NA3M77AMPOI PUAJN m (***** TOO NO HA***** CFS TEL MM MUOANO TIL SMJU/J TELEX NO. MMM 4 North smfrica ananiic txpßtss (Round the rorid routing > norih amtrica caiifornia pnr Atsi Canada v 1 ORKNTAL FREEDOM ORKNTAL FAITH ORIENTAL
      677 words
    • 106 19 FORMER ROYAL Marin* Commandos, veterans of Britain's jungle and urban guerrilla wars, are teaching supertanker crews the art of survival in "Exocet alley" on Iran's Gutf oil shuttle run. Peg* N SHOW A LINE Is likely to rationalise its operations further following a forecast that pre-tax losses for the current
      106 words
    • 669 19 mm\ How s.E. Asia ■P«* the lofclraJ West HUAMOUS. TKAQIC. OAMGCHOU«. Good Bookshops MAERSK LINE WEEKLY TO EUROPE NEXT SAILING: CECIUE MAERSK VOYAGE S7l* ETD SIN 99/10 «Mk CacMa M Ctoamg Tma CY 2*lo (WOO HRS CFB 26/10 2300 HRS AKTMURM ANNA M. PLANTWM. Th« waak Luna M Ck*ng Tm»
      669 words

  • Page 20 Advertisements
    • 490 20 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE MEDITERRANEAN WEST AFRICA rajxsTwt HA n a LiLLHilljßl w^wwnm 1 1 IL-iILL T, i J i »»m EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS Ou I BOUND TO
      490 words
    • 17 20 Lines and services represented by ■Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 333 20 MTO MARITIME TRANSPORT OVERSEAS GMBH UROPI/PAR EAST CONVENTIONAL SERVICE era Further toad/dftcharging porta «n row** aut*Kt to aumoM* tnduoomant VOL PT. of LDO. DATES FT. KLAHO ITM LDa POP ll"l» LA CMESNAIS SaiM *1I BrtMpHtaWm-Nfeni niiM ifcN»Tmiatißifcit mOMNl.ik»iMw.teac« m«MfcMqfft—ifrfat nsTM .;j CHARGEURS REUNIS f ;.na 9 IKU 1!(U JWI Hi
      333 words

  • Page 21 Advertisements
    • 797 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd norvpy PiO Containers Limited STRAITS SHIPPING HiUjipnn In lihih. 3—el. Brunei Ports and Bangkok w.'Jirrian PI CASUS PROGRESS «0» sm N'WI mm r<H La m mu hhi wi w i*u wi wi s/u au aw am wu viu 2*ll mu mm
      797 words
    • 453 21 0 CS A V S A S< -f- A li. fEEDE* VESSEL IrPOftf IMOTMEI VESSEL HK MICA *QQ ANTOT VAIR SAI CUV 1 VU A VESSEL Mfll <0 W HI HA CSAV 1 12/11 CAM CARRIER W «TU CSAV3 1701 Jraa^ MIU WWI2W W U CARGO FOR PIINTA ARENAS, TALCAMUANO
      453 words

  • Page 22 Advertisements
    • 311 22 CONTAINERSHIP SERVICE TO UK CONTININT S port PK S'ton N'burt B'havan TnwEumi ana ana I*ll 2*ll 22/11 Kmlnii by *11 *11 2*ll 2*ll 27/U Frankfurt Eiarau I*ll 12/11 lIU VU 502 Otaka Bay 11/11 1101 *12 I*l2 1202 Kitana Ihm 22/11 24/11 13/12 15/12 17/12 Largi toy 21/11 30/11 IJ/12
      311 words
    • 577 22 JCSline tt M* fwwmw FULLY CONTAINERISED SERVICE TO fUROPf VIA Mfmhf ol If" CotsoMhjti •FDRMOTHER VESSEL V Ml LA OAK SEA VCR CCN 41E/KOREAN WO*IS ONE 73E 23/10 31/10 IVU 11/11 2QTII 21/11 Wl ME/KOREAN WON IS SEVEN 4SE 1/11 14/11 2*ll 2/12 4/tf 5/12 HKC 51E/KOREAN WON IS SEVEN
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    • 466 22 FREIGHT LINKS EXPRESS PTC LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT ACCEPTING FCL/LCL TO JAKARTA 31/10 7/11 HONG KONG 30/10 5/11 BANGKOK 31/10 7/11 KEELU NG/KAOSHIU NG 25/10 1/11 MANILA 25/10 30/10 BUSAN 29/10 2/11 TOKYO/YOKO 25/10 30/10 LCL FCL I ETA I LOADING FOR SYD. MELB.
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    • 902 22 EVERGREEN Round The World East Bound (EE/CARIB/USEC/EURO/FE) Round-lhe-World West Bound (F E/EURO/USEC 'C A RIB/F E EVER GROUP 2VII ?/u ain Sni ISI tiß Jg Jg W 2 S 11/u a/u Bs%sr sßjßssasaiagS¥¥¥3 3 ssss* IS ALSO ACCtPTtNS LCUfU PO/rU TO: 1/1 VI JS J? jS uR JK wi an
      902 words

  • Page 23 Advertisements
    • 596 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE SIN JUT mnt am M/ 1« 17nt lint am BANGKOK CONTAINER SERVICE NORTH EAST ASIA CONTAINER SERVICE m WYA MMM VOY HKQ KAO KEf MM MM HTC 14NB ir n
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    • 434 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Mi Mi u/ii urn MU Mfll am mi mi aw «a «a aw uw IVU viu ant EXPRESS CONTAINER SERVICE FROM UK/CONTINENT EfTM PJRAMRrMM VU W MM VU M. *1 m. M Ml U|U KM arm am am vm arm uw vm
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    • 301 23 DJAKARTA LLOYD INDONESIAN NATIONAL L INF EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO W ff J? Agfn;s Telephone S3Sr?: Singjpof* EJLA JATA ACENCIE* Terminal 5353??; M- it vi SIS AI PTI ITD (i PtHIHO W. p» giK.- E DJAKARTA LLOYD INDONESIAN NATIONAL L INf (A MEMBER OE ANRCh a CiI*IHESnE SHAHS/AUSTRALIA
      301 words
    • 252 23 BOUSTEAO SHIPPING AGENCIES HTONfYNA V» Q/M Oct FAfiAN WMR am Od FA-AN vum am Od inroHUsHnHkiiii (Burmasa NationalUM) Loading for Rangoon S port P.IUUnf Pwtanf Bw^fcd om Oct Z aBS? rim n-s w BANK UNE MOBTHBOUaPTOUHC 1 SPORE ROAM NU nm W m FORTMBABK VM Ml a/11 V IYYBANK VON
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  • Page 24 Advertisements
    • 1182 24 K"LiriE SHIPPinG DPiTPI RTLflfmC CCJRST (Round-The-World Service) •PK/PNG STORE LI CHLS NFK NYC HFX ORIENTAL FREEDOM Vl6 24 Oct 29 Oct 21 Nov 1 Doc 3 Ok 50k 90k ORIENTAL FAITH VS 31 Oct S Nov 21 Nov lOk 10 Dk 12 Ok 16 Ok *VIA FEEDER PACIFIC SDUTH-kiJEST FEEDER
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    • 682 24 it! 10 SAILINGS PER MONTH TO DNG KONG 27/10 CHUM/MANILA/KOBE W2ITirniTTTT WEEKLY noil K1 TO L MSIA/AFRICA/USA (SI ACCORD SHIPPING PTE LTD o*f f \f\ Pi a'! \<* onj! p ».m S pee 0*0? Te .(1} I I i Accord n »?d H tCf S) I' arG3 2b PSA eppe
      682 words
    • 598 24 GOLDEN LINE GUAM GUM SMPPMG (PTE) LTD Smu2m7\**T£L MUM (M IMS) Fei: SM STRAITS/PERSIAN GULF SERVICE: S>« HMnffmni COL KM HAVEN Caiombo/KaradM/Oubei 2M» Oct GOLDEN WONDER CotanDo/Kar-acto/Dubai 11/12 Nev CHINA SERVICE SUXIA Shanfto. la Part CHINA OCEAN SHIPPING CO., PEKING \«|S THE PEOPLE'S REPUBLIC OF CHINA V in MlamtllAL SERVICE
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    • 426 24 >s 111 i 1 I j I PHI LI OHKNT LIN€S PT€ LTD HIM Off CI 63 ROIifcSCN BOAC C ft 0 A A fill 10»N j S SG& I OP£ 'Hir rs ?e:;o *-«>. <e> >ii< eta ■a* JW» H I V J H/1S 2S/M. 4/11 LATTAIQA, OTBMfITI PORT
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  • Page 25 Advertisements
    • 674 25 NCPTUMC AGENCIES PTE. LTD. T«nw»l CO mxa ***** a NEPTUNE ORIENT LINES LTD NEPLtNE SON. BMO. mm NEPLINE SON. BHD. 2U4» NEPLINE SON. BND. umwnmwmiKTm NEPIINE SON. BMO. SMSgSMI fl EU/AUST TP A/SEA t pws zmio 27SU1 umx mu vmm MWARO/OUTWAAO ENQUIRIES: MM* iioi «r 0 CHIEF MR K JACEJM
      674 words
    • 99 25 BE IZUMI LINE REGULAR EXPRESS CONVENTIONAL SERVICE TO CALCUTTA WAKAYU9M (M 2) afrhTOCT CS*IWTAS WAKAYU MA 13TN NOV CALIMAMAS* INDUCEMENT CAL/MADRAS G. AGENT: TAIKA SHIPPING I ENTERPRISES PTE LTD TLX ***** TAIKA TEL *****7! BOOKING AGENT: RICK MARINE ASSOCIATES PTE LTD IK EXPRESS SNIPPINI (S) PTE LTI. TIL; *****13 (3
      99 words
    • 465 25 HEUNG-A SHIPPING Korean Flag Vessels OONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON VomoTi Nam* S port P KtUtif boa* Meji No tmtmm aw nu mu uiu Mtrwnmfnm miu w-wu mi mu No 7 OontmPtm M-M/ll 11-2301 2125/11 2701 No t DN/711N 14-17/11 11-I*ll *****/12 14/12 No ON/7NN
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    • 592 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTO SINSOV BUILDING 55, Market Street Sinppore 0104 Tel: *****33 (15 Unas) Tec CaMCjAddress SINSOV SINGAPORE Telex Numbers RS MM> 23C1 RS SMI mrs handunc system co son bho mi Tent mmm w No. 14 JMmi Cm9k Pirt Mw, MWraa CjMk jAYAPQR KMH T«
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  • Page 26 Advertisements
    • 242 26 SINGAPORE SHIPPING MJ CORPORATION (PTE.) LTD. I TIL 225 6868 .30 Unesi FAX *****39 *****76 UILX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DE UTF R ACHT/SE LREEDEREI n INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO: Accepting cargo for INDIA Bombay, Cochin, Madras ft Calcutta "VIA LARNACA:
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  • Page 27 Advertisements
    • 847 27 NedHoyd Nedlloyd Lines RELIABLE, DIRECT SERVICE TO DURBAN WITH FAST TRANSIT TIME EXPORT NEW ZEALAND/FUI VESSEL N Boltwtor* 45# N Bokrom/51 N. Sorcntono/47 N Bongkok/46 sin* 24/10 Jakarta PKf SIN 3/11 12/11 2/12 12/12 N.My*ewtii+ JMlinfton 22/11 XVII 29/11 7/12 21/12 31/12 29/12 7/1 LytMtan Own* 26/11 26/11 3/12 4/12
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    • 138 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE litO l S'»U *0« IMnS'GII EAST BOUNO SERVICE ITA POK LOADING FOR ta P» (P.KELANC) JAPAN ETA S'POKt om wu THROUGH MjJa IMMOAC (MM MQUBT **> tcanmjSHTmm UPTOMMBATBACMMO tarn ma available uttoaqasa M CONTAINERS/CONVENTIONAL 080 FOR MAIM POm M EGYPTIAN NAVIGATION CO.,
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  • Page 28 Advertisements
    • 523 28 I,M LINER S HIIM M\ (> I'll; III) IMS) A J tl.'C Muipi h j Tf, .VWIV Lint Tl RS .'.'vS! n l%r R fA > M'kopk service I!" T i.-im i.'^rn x ra i» [ar_east^service I irrT-TWf nn» l/u «U I Ml IJS lu!i IJS Ifi' MIDDLE EAST GULF
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    • 417 28 ZIM i ma: A I i nai hm zmzsnal fn "I'l-: ii ZIM EILAT ZIM MOSHIUM ZIM SYOMCY ACCEPTINS CAMO TO AOCIAIOC VIA MEUOUMC AMO ALSO FCt TO SUAM. [iini Mia II FCI T» t»r»m hi Hat*. Aaatru Fa T» CwHwu, liliniiimi Pwt». aim LCUra. te Mm md. Tagnltvi* mt
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    • 486 28 Everett Lines COMPAMA PERUANA DC VAPORES "PERUVIAN STATE LINE" j. LOADING FOR CALLAO, MAT ARAN I, 110* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL Of LADING TO FINAL DESTINATION. Nnwf* P. ItotaNf yiip>in MANOLOEVERETT 2/3 Nov HURRA YEVERETT 13/14 Nov I JOHNEVERETT 17/U %m
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  • Page 29 Advertisements
    • 111 29 Hamburg West Germany Tiger Line VSffit m SIN CALCUTTA MADNAS CMITTA«NS raauoi v» it oct 22-» oct 27-n oct LOTTI SCMCEL V S 2*21 OCT 27-31 OCT 2 NOV SCWAKNLAND V 7 »OCT 4- 7 NOV u»m soica v v 7no v 13-17 nov u nov PKLUOE VI I NOV
      111 words
    • 89 29 PERCH OCEAN UNES (Part act China Oeaan Shipping Unas) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI A OTHER PORTS Etd. S PORE Etri. PKLG WEEKLY SAILINGS CONSOLIDATION SERVICE FROM: SI N6APORE/P.KELAN6 i 4J MdSiPKIISJM BREAKBULK ft CONTAINER SERVICE TO CHITTAGONG. INDIA ft TAIWAN LIZENA PTE LTD T«l:
      89 words
    • 150 29 PERINTIS LINE oh SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA PANJANG ETA ETD HA ETO ETA ETO KONSORTIUM 50-51 In Pt 25/10 27/10 21/10 52-53 3WIO 1/11 3/11 Sfll 54-55 7/11 1/11 10/11 12/11 PRABHKATI 101-107 20/10 29/10 31/10 Otyll 01/11 «/ll 100-109 04/11 05/10 07/11 00/11 00/ll 00/11 110-111 11/11 12/11
      150 words
    • 783 29 vur-mi^ +\i THE NATtOHAL SHVPtMQ COMPANY OF SAUDt ABAMA II 1 i l l I EHZTIMIT3 FCL Containare far Charleston. Miami. Tampa and US Inland 3 mIF SHIPPING t TRADING PTE LTD Tai: 9S7M TU KIHTRA IK ***** Fai: HSHI7 Malaytia SEGANI SDN W4D SUBANC JAVA: Tal: 71MZ25 Tic I
      783 words
  • Page 29 Miscellaneous
    • 168 29 < ional Weather 7 el Jff J f ft* oif V ft J •Vx > L J r> w irv •'*E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature c U Shower Weather Wmd direction with speed m knots ee Roin Cloudy Sky Wov.
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  • Page 30 Advertisements
    • 248 30 Hai Sun Hup Co (Pte) Ltd Tf L *****06 (20 Lines) TLX RS 220 M &RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS A REUNION DIRECT MOHTHLY SAILINGS KK SPORE PK PI REU DBN CT GOLDEN COAST ¥75* Sailod Sailod In Pt 1/11 10/11 15/11 M/U iIL V 7( 15/11
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    • 447 30 COLUMBUS LINE REEDEREI GMBH i (A SERVICE OF HAMBURG SUD) EXPRESS S£M-CONTA*€R SERVICE TO mm TAMAITAI SAMOA VIIN 31/11 FORTH BANK V2ON (/ll IVY BANK V2QN 21/11 PRO ATLANTICA VIN 28/12 Ato tanptiai Fa to PRO-ATLANTICA VIS 25/10* Jo Port llorwby L* MORAYBANK V4S 13/11 SSSf'^^ Accepting via Transhipment to
      447 words
    • 159 30 WL& i i i f'l Wmrmri*':: i vi '<' niTT^^fl IY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING La CARGO ONLY CON-CARRIERS 17/17 COM-CARRIERS 11/17 CON-CARRIERS ISO 7 ETD S PORE vn» vu I*ll ETA KEELUNC wi I*ll WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE ETA SYD HA MELB CON-CARRIERS W
      159 words
    • 624 30 hwji CALL US AT: P. KELANG PENAMG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER BUTANC B. BUTANC M 7 iUTUNOU N O€LTT -,r 27.M fill •01 I *01 MOl 8.12 OTHER DESTINATIONS. AARNUS, AMSTERDAM. ANTWERP, BASLE, BREMEN. BREMERNAVEN. COPENHAGEN. HELSINKI, HALMO. OSLO,
      624 words