The Business Times, 11 November 1987

Microfilm: NL16022
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 112/12/86 WEDNESDAY, NOVEMBER 11, 1987 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    158 1 Overseas markets Tuesday HK Hang Seng Index 2043.24 (-96.07 Tokyo Nikkei Average *****.46 (-731.91) Sydney All-Ordinaries 1203.4 (-48.1 Monday New York (Dow Jones) 1900.20 (-58.85 London (FT 30 Indox) 1232.0 (-42.0 (Tuesday noon: 1233.8; 1.8 Exchange rates US$: 133.40/50 yen 1.6580/90 DM SS2.0455/65 M$: S$0.8209/17 Simex Euro-S
    158 words
  • Article
    Factors that trouble investors
    47 1 POLITICAL STABILITY continues to attract manufacturers to invest in Singapore. But concern over high wages and labour shortages are holding some back from investing further, a survey found. Manufacturers surveyed do not consider automation, computerisation and information technology to be vital to success.
    47 words
  • Article
    Luxury that sells
    49 1 SINGAPORE is the "classical tourist market, the same as Italy and Spain", says Cartier's International president, Alain Perrin. Sales here this year will top $22 million and Cartier says the brand is cleaning up the market. Big talk? Find out in Advertising Marketing on Page 9.
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  • Article, Illustration
    Another selling wave hits markets
    331 1  -  THE INTERNATIONAL FINANCIAL CRISIS By LISA LEE HEAVY FALLS in the stock markets of Tokyo, Hongkong, Australia and Singapore yesterday have raised fears of another wave of panic selling worldwide in the next few days. Concern over the health of the American economy and doubts
    331 words
  • Article, Illustration
    Economist predicts major economic slowdown next yea
    610 1  -  By PATRICIA M SCHERSCHEL Financial Editor THANKS to the great stock market crash, the US economy and the world can expect a major slowdown in business growth next year, provided "nothing worse happens'' in the financial markets. That's the sober assessment of Dr
    610 words
  • Article, Illustration
    US$ suffers another drubbing
    450 1  -  By SOH TIANG KENG Financial Correspondent THE US DOLLAR yesterday crumbled under the weight of intense selling pressure in the foreign exchange markets in Singapore and other financial centres worldwide. In nervous, volatile trading, the greenback crashed to all-time lows against the yen and German mark
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  • Article
    Lock icon Japan's trade surplus expected to decline faster after crash
    490 1 Reuter MANY ECONOMISTS reviewing Japan's trade surplus after Wall Street's crash believe it could slide faster in coming months than originally thought. October's merchandise trade surplus, to be announced today, comes too early to reflect last month's plunge in the equity
    Reuter  -  490 words
  • Article, Illustration
    Hendra Rahardja quits as director of Town and City
    532 1  -  By ELAINE KOH HENDRA RAHARDJA has stepped down as director of his troubled Town and City Properties Ltd. even as plans for its financial restructuring appear to be floundering. Sources close to the group have indicated that financial advisers appointed in
    532 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      206 1 REGAL Since 18«0 Renowned In America Canada A Japan Sh Page 10. A HELPING HAND FOR HOME BUYERS Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is
      206 words
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      Page 1 Advertisements Column 2
      290 1 Full report, Pag* 14 Regional markets, Page 16 World markets, Page 17 SHARE INFORMATION MONEY EXCHANGES COMMOOTTCS AIRCRAFT SCHEDULE CROSSWORDS TV ft RADIO BRISTOW DOONESBURY MASTER CRAFTSMEN are in the making at Vocational and Industrial Training Board schools, where a higher level of technical training has just been introduced. HOME
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      Page 1 Advertisements Column 3
      159 1 Food&HotelAsiaBB The 6m Asian international EiHitxiono* Food Oio* Moid Resttofam Catering Equipment with the 6tti FMA lr*emaliooal SaJon Ci*na*e 13-16 April 1988 World Trade Centre Stngapore #*1 I UUUUi Shipping Timet comes as a separate section today. Make sure you get your copy. Only Sony gives you LOW BAND liMiliJiV
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  • HOME NEWS
    • Article
      More master craftsmen in the making
      429 2  -  By BOEY KIT YIN MASTER CRAFTSMEN are in the making at Vocational and Industrial Training Board (VITB) schools, where a higher level of technical training has just been introduced. The government decided to launch NTC-1 courses a month ago to develop and upgrade technical
      429 words
    • Article, Illustration
      Second explosion causes little damage
      496 2  -  By MARTIN SOONG A SECOND BLAST ripped through the early morning silence in the business district yesterday, barely four hours after a similar explosion shattered glass and damaged the pavement outside the American International Assurance (AIA) building just a few hundred metres away. According to
      496 words
    • Article
      Bill on a totalisator board
      202 2 IN AN effort to correct the anomaly of the Singapore Turf Club having a monopoly on the organisation of horse racing and betting, the government is setting up the Singapore Totalisator Board. A Bill for this board, introduced in the public interest, was read for
      202 words
    • Article
      DIY supplier hits upon right formula for success
      334 2  -  By PAUL GOPAL A JAPANESE company, which started operations in Singapore in March this year, has become the sole supplier of do-it-yourself (OIY) three-shelf cabinets to major department stores which were getting them from Taiwan. The chairman of Tac Manufacturing, H Takeuchi,
      334 words
    • Article
      MEMO PAD
      534 2 MM Seminars and f m Er—r v w pi v ■'vCourses lvj J MA* w V Nov 23 National Computing National National *****66 Mr (commenceCentre (NCO Productivity Productivity ment dote) Systems Training Board Board Nov 23-24 Capitalising on Sheraton Towers SBl Events *****76 End-User Computing Hotel Nov 23-25
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    • Article, Illustration
      Working towards the factory of the future
      445 3  -  By MARTIN SOONG REINVENTING the factory in Singapore will require automation in small, carefully-considered steps, rather than an abrupt, unplanned introduction of hightechnology National Computer Board general manager Lim Swee Say. opening a computer-aided manufacturing seminar organised by the Singapore Manufacturers' Association yesterday,
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    • Article
      US to reject IBM's bid to sell advanced computer to Sinsov
      418 3 THE US Commerce Department has bowed to pressure from the Pentagon and will, at the end of the month, formally reject an application by IBM to sell an advanced computer to Singapore Soviet Shipping Co (Sinsov). A spokeswoman for
      418 words
    • Article
      PA urged to think excellence always
      121 3 CONSTANT self-examina-tion is necessary to achieve higher productivity, Labour Minister Lee Yock Suan told People's Association members yesterday. Mr Lee. opening the PA in-house productivity campaign, said members should continually be asking themselves whether there are new ideas or methods that can improve productivity.
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    • Article
      TDB sends stronger team to Indonesian electrical fair
      175 3 FOLLOWING the success of Electric Indonesia 1985, the Trade Development Board is fielding a larger team of 16 specialist electrical manufacturers for this year's show. Electric Indonesia 87 is the third International Electric and Electronic Engineering, Power Generation and Supply Exhibition to
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    • Article
      Employers reminded of wage reform urgency
      498 3  -  By CHUANG PECK MING THE SINGAPORE National Employers' Federation (SNEF) has renewed its call to employers to press ahead with wage reform because some of them are losing sight of its urgency in the wake of the economic recovery and labour shortage. "The necessity
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    • Article
      Unions urged to rethink 'qualitative' approach
      166 3 LABOUR UNIONS taking a "qualitative" approach to wage reform have been told to rethink their stand because it would not improve wage flexibility much if accepted by employers. The executive director of the Singapore National Employers' Federation, Mr Lawrence Mah, told reporters yesterday that
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      403 2 And the winners are MORE THAN 1,400 entries were received for the Go for Australia Contest organised by Business Times. And when the judges went through the pile yesterday to pick the first six correct entries, Singaporean Ms Jasmine Neo Kwee Hoon (IC No: *****81/1) emerged as the first prize
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      74 3 NATIONAL UNIVERSITY OF SINGAPORE Public Lectures on Economic Legacy of the 1980s by Professor Ezra Solomon Lee Kuan Yew Distinguished Visitor Topic 1 World Economic Developments in the 1980s: Problems and Prospects Date Monday, 16 November 1987 Topic 2 World Economic Developments in the 1980s: Implications for the Pacific Rim
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    • Advertisement
      Page 3 Advertisements Column 2
      165 3 TheyTlb wearing red carnations. United's New First Class Concierge Service. Now when you take an international flight in or out of Singapore, one of the first sights youll encounter is a red carnation, in the buttonhole of a United Concierge. Our new Concierge Service includes meeting First Class passengers. Acting
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  • ASIA-PACIFIC
    • Article
      Lock icon Taiwan expects 7.5 pc growth next year
      495 4 Government to spend more on public projects AP TAIWAN'S economy is expected to grow by 7.5 per cent next year in spite of economic uncertainties in the world, the chairman of the government s Council for Economic Planning and Development said on Monday.
      AP  -  495 words
    • Article
      Lock icon Manila wooing foreign retirees
      395 4 AFP n WAS A PICTURE of contentment: a bald man with a wide grin, possibly an American, wearing wooden clogs and sitting cross-legged in a rattan lounge chair. "Don't let life pass you by. Live. In the Philippines," a headline said over the picture, part of
      AFP  -  395 words
    • Article, Illustration
      Lock icon China will help to prop up HK market, says Hu
      364 4 AP CHINA WILL CONTINUE to aid Hongkong to buffer the British colony from its stock market crisis, according to Hu Oili, a new-ly-named member of China's politburo standing committee. Mr Hu also told a Japanese delegation from the Nihon Keizai
      AP  -  364 words
    • Article
      Lock icon Beijing eases restrictions
      122 4 AFP CHINA'S private sector rural businesses may from now on employ as many people as they like and will have a free hand in re-in-vesting their profits, a Beijing official said. Du Runsheng, director of the State Council Rural Development Research Centre, also said the government would
      AFP  -  122 words
    • Article
      Lock icon Soviets attach condition to withdrawal from Afghanistan
      263 4 Reuter SOVIET United Nations Representative Alexander Belonogov said on Monday that Moscow had already decided to withdraw Soviet forces from Afghanistan. He said the troops would be withdrawn provided there was an end to outside interference in Afghanistan. Mr Belonogov was speaking in
      Reuter  -  263 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      806 4 ARRIVALS Operator Service Local From number time MAS MH681 0820 KUl KAl KE624 0850 KUl SIA SO 31 0850 PAR/ROM MAS MH81 1 0910 PEN MAS MH671 0920 KUL SIA SO 103 0950 KUl CPA CX710 1015 CGK RBA BI42I 1100 BWN GIA GA960 1100 CGK SIA
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      215 4 *;j' "v 7 ■-V' Oce... the shortest way i*ii The Oce way... The other way Because Oc£ copiers, amongst other unique features, have a far shorter paper path than any other copiers offered today. The shorter the paper path... the greater the reliability. With Oce, paper jams are virtually eliminated.
      215 words
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      Page 4 Advertisements Column 2
      210 4 I I \l\ I I A/ I Th e business person's choice, every I I II I I II II I T uesday. Thursday. Saturday and Sunday. IJL Fl I m\ Leaving Chongi Airpor* at 22:05 I hours and arriving Hea f hrow early •he following Tiommg. Call your Travel
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      146 4 m Max/ Mm <°C) 20/09 05/03 19/09 27/24 33/23 30/24 21/01 18/13 14/04 07/05 21/21 09/03 26/18 10/00 i 20/14 23/12 11/-05 20/05 29/20 15/09 10/03 34/24 11/09 03/03 09/02 28/23 -05-02 15/11 23/21 31/23 30/11 15/10 33/24 18/09 28/14 05/01 32/25 una* 19/15 10/07 25/12 16/12 34/20 17/11 26/08
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Opec may introduce independent auditing
      511 5 AP OPEC may set up an independent auditing system to ensure that member countries comply with oil production quotas that will be assigned next month to prevent another price collapse. cartel officials said on Monday. The 13 members of the Organisation of Petroleum Exporting Countries
      AP  -  511 words
    • Article
      Lock icon Researchers prove love at first sight is true
      168 5 Reuter LOVE at first sight is not just a saying it's a scientific fact, according to two West German researchers. Christiane Doemer, a scientist at the independent Max Planck Institute, said on Monday that she and a colleague had proved the truth
      Reuter  -  168 words
    • Article
      Lock icon Moscow plans to abolish internal exile
      216 5 AP A TOP Soviet official on Monday announced proposals to abolish the use of internal exile as punishment and reduce the number of death-penalty offences and the maximum prison term. The changes proposed in a new criminal code were disclosed by Justice Minister Boris
      AP  -  216 words
    • Article
      Lock icon Sale off photo-maps stopped
      107 5 AFP THE MOSCOW city authorities have ordered people selling photographic reproductions of annotated city maps to hand in their permits. They will refuse to grant more permits in future because those engaged in the private trading are making too much money. The daily Vechernaya Moskva reported
      AFP  -  107 words
    • Article
      Lock icon US puts conditions on new talks with Sandinistas
      261 5 Reuter THE US has expressed qualified willingness to resume high-level talks with Nicaragua if the leftist Sandinistas start ceasefire negotiations with Contra rebels. US President Ronald Reagan and Secretary of State George Shultz on Monday outlined the conditions under which US officials
      Reuter  -  261 words
    • Article
      Lock icon Volcker says he's not keen
      85 5 Reuter FORMER US Federal Reserve Board chairman Paul Volcker said in Mexico City on Monday that he had no desire to have his old job back. "It's nice to feel missed but I don't miss my old job," he said. "It's a nice job but
      Reuter  -  85 words
    • Article
      Lock icon Reagan vows not to reverse course on economic policy
      391 5 UPI PRESIDENT Ronald Reagan of the US vowed on Monday not to reverse course on economic policy. but said that some adjustments could and should be made to control the deficit. Private negotiations between the White House and Congress to develop
      UPI  -  391 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      49 5 {to^ xm o i < c\ J I n v. 3 ■v v > T* f> <- kI* «1 !poSe VOU onC Sued B^ it h a uper n ffer y° n d un llfa f r \lad ele ro up le h<; ss-sfarsj &l*A sß.o°-r;,> 56.00- p* 3 enq^
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      Page 5 Advertisements Column 2
      149 5 Leader, Page 10 WHEN MASKS WORK THEIR MAGIC IN CELEBRATION OF ANCIENT FESTIVE RITES. WHEN MAN'S DISGUISE REVEALS A DEEPER REALITY. DRAMATIC INSTANTS WHEN THEATRE BECOMES LIFE. I A I i r L -k T •v 1 M m' v f wk r y "V Ayr-'f V 4 ;-§t, A,
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      42 5 Doonesbury 31 4 r BARRETT! HAVE YOU ENTERED our new veMAWS VET? Yd m x, BY GARRY TRUDEAU m TMJUST 7HSMRPSMS OFFtCE.-THERB'. m *r fllfS THIS IS THEY'RE GETTING DEMANPtNG U6LY. 10 see 7heir 1 brokers. \u <■ V «r fid D> ii
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  • BANKING AND FINANCE
    • Article, Illustration
      OCBC on track to catch the MRT crowd
      403 6  -  A new branch each at Bishan and Toa Payoh stations By SOH TIANG KENG Financial Correspondent OVERSEA-CHINESE Banking Corporation scores a double first' today with the opening of two branches at Mass Rapid Transit stations at Bishan and Toa Payoh. It is
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    • Article
      Comex gold/silver futures
      117 6 Gold futures on Nov 9 100 troy ounces; USS per troy ounce Op«fl High Low Sofflo Nov 461.90 1.20 DK 464.50 466.00 463.10 463.30 1.20 Jon 465.80 1.20 F«b 88 470.00 472.00 469.00 469.10 1.20 475.70 477.80 474.50 474.70 1.10 km 481.80 482.80 480.00 480.30 1.00 Aug
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    • Article, Illustration
      World interest rates
      192 6 Indicates the average of the prime lending rates of 12 major banks in Singapore Interbank market rates (offer/bid) on Nov 10 us$ DM SWFC Y«n 7 <kr n 6 13/16 13/14 9 3/8 1/4 3 3/8 1/a J 3/8 1/8 3 3/4 5/8 1 m* 6 15/16—13/16
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    • Article
      Lock icon Insurance business to come under the supervision of Bank Negara
      223 6 Reuter MALAYSIA'S central bank will start supervising the insurance business early next year to help bring about more efficient regulation of the financial industry. Bank Negara governor Jaffar Hussein told a weekend dinner of the Institute of Banks in Malaysia
      Reuter  -  223 words
    • Article
      Government securities market
      87 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****W 4.2.88 3.56 3.51 3.62 3.55 6 months BS*****S 21.4.88 3.57 3.52 3.60 3.52 1 year BY*****S 22.09.88 3.68 3.63 3.65 3.56 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
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    • Article
      Lock icon Swede call to curb options
      38 6 Reuter SWEDEN'S financial watchdog body called on Monday for a crackdown on the country's options market the world's second largest after a major bank said it had lost US$5O million in unauthorised deals.
      Reuter  -  38 words
    • Article
      Money markets
      61 6 THE OVERNIGHT rate on the Singapore interbank market rose by 1/2 point to end at 4 per cent yesterday The one, two and three-month term rates fell by a uniform 1/16 point S$ Interbank rates at 7pm yesterday: OFff* BIO 0»i"V 4 3 3/4 1-mon«t« 4 3 7/8
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    • Article
      Lock icon Growing support to alter US banking law
      397 6 NYT THE AMERICAN Federal Reserve Board and top Treasury officials appear to be lining up behind Senator William Proxmire's effort to repeal provisions of the Glass-Steagall Act that prohibit banks from underwriting securities. On Friday. Mr Proxmire met Alan Greenspan, the Federal Reserve
      NYT  -  397 words
    • Article
      Lock icon DFC and Trustee Bank suspend merger plan
      341 6 Reuter DFC New Zealand Ltd and Trustee Bank Holdings Ltd said they had been obliged to suspend their proposed merger plans. In a joint statement yesterday, DFC and Trust Bank said the suspension was the result of the government's decision to appoint New
      Reuter  -  341 words
    • Article
      Lock icon Bank of Boston to make purchase
      358 6 Reuter BANK of Boston Corp said it had agreed in principle to acquire Bank Vermont Corp in an exchange of stock valued at US$6O million. The transaction calls for the exchange of one Bank of Boston common share for each Bank Vermont share outstanding.
      Reuter  -  358 words
    • Article
      Simex/IMM
      558 6 DECEMBER Eurodollar opened slightly lower yesterday at 92.55 and eased further to 91.50 as hopes for a discount rate cut faded following recent strong non-farm payroll employment figures The market? however, lapsed into sideways trading as market participants awaited the trade balance figure due today. By afternoon as the
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      90 6 Professional DEBT COLLECTION WITH NO HIDDEN CHARGES FOR FURTHER INFORMATION: TEL 534 3014 ACTOVE COLLECTION SERVICES PTE LTD 63 MARKET STREET #06-05 TAT LEE BANK BUILDING TELEFAX: 532 5645 SOUTH WING SINGAPORE 0104 TELEX: R*****0 RESTAURANT J ikafl una Catch them in their rendition of the brand of smooth and
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    • Advertisement
      Page 6 Advertisements Column 2
      88 6 r. UCHIDA JAPAN S BEST SELLER! UCHIDA OFFERS FINE QUALITY AT AFFORDABLE PRICES 9 I! Mm •inTPilt UCHIDA CHECKWRITER i* Pl 5 Single Currency PISN-Multi Currency EG-100 Electronic (Highspeed) I OFFICE DESK OFFICE CHAIR CUPBOARD FILING CABINET HOME/OFFICE SAFE COMPUTER DATA SAFE FIRE-PROOF CABINET NIGHT DEPOSIT SAFE KEY CASE SAFE
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  • MONEY AND EXCHANGE
    • Article
      Forex markets
      1577 7 SINGAPORE: The US dollar closed sharply weaker yesterday against the yen and a shade lower against major European currencies after active and nervous trading, dealers said. They said the dollar met heavy selling pressure after midday on a New York Times report that Reagan Administration officials would welcome
      1,577 words
    • Article
      Lock icon Argentine assurance
      90 7 Reuter ARGENTINA HAS NO intention of suspending payments on its US$54 billion foreign debt because it seeks cooperation rather than confrontation with creditors, a high-level official said on Monday. "We may propose a review of the situation but we would never declare a moratorium," Economic Policy Secretary Juan
      Reuter  -  90 words
    • Article
      Asian dollar market
      258 7 ASIAN DOLLAR deposit closed steady at firmer opening levels in quiet afternoon trading yesterday, dealers said. They said most operators were sidelined in the afternoon as they await further developments on the US budget deficit talks between the White House and Congressional negotiators. The market is also
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    • Article
      Options
      898 7 CURRENCY FUTURES OPTIONS IMM A tondoy. Novimbff 9. 198 7 BRITISH POUND C2S.OOO; e anta por Pi MM 1750 Dae-c 4.95 JmK 5.70 Fa6-c Oaoo 1.15 Ja»o 2.30 1775 3.30 4.25 I.9S 1800 2.10 3.20 3.20 1825 1.40 (•50 0.90 1875 Ex 1,829; Fri *oii 1,231 co*v 867 pun
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      39 7 V) lab>utM&Ue yieMfe* iPC' A\ mj Georges' speedy lunch in 59 minutes at only $19.50+ (we'll even time ourselves) Or the clock is yours! Reservations: *****55 Ext &365 La Brasserie Georges. In Le Meridien. 100 Orchard Road Singapore 0923.
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    • Advertisement
      Page 7 Advertisements Column 2
      95 7 Daily departures to Taipei with immediate connections onwards to Honolulu. That's in addition to daily flights to Los Angeles, three times a week to San Francisco, and three times a week to New York. A total of seventeen luxurious 8747 flights a week to the USA. For reservations, call your
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  • COMMODITIES
    • Article
      Precious Metals
      288 8 HONGKONG: Gold closed lower in fairly active but cautious trading yesterday. The metal ended at U*****.00/50 an ounce against New York's 462.10/60 close and the 461.80/462.30 finish here on Monday. On the local market, gold lost $12 to close at HK54,290. Coins were weaker in line with bullion.
      288 words
    • Article
      Oil and Products
      68 8 PETROLEUM product prices continued to look weak following the continued decline in crude prices. US$/barr*4 Chang* Dubai (Dk) 16.43 •0.20 Weil T»»o» lnr»rm«dia«». WTI (Ok) 10.63 -0.20 Products (FOB S'p° r e) US$/barr*l Olong* Kefoveo# 23.55 jnth Go toil 21.35 -0.05 low Sulphuf Wo*y Rendu*. LSWR 17.65
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    • Article
      Rubber
      147 8 SINGAPORE The market closed lower yesterday with December 1 RSS buyers quoted at 205.50 cents/kilo, down 2.50 cents from Monday's close, dealers said. On the TSR-20 market, trading was dull and prices were marked down. December TSR-20 closed two cents lower at 201.00 cents a kilo. MALAYSIA Prices closed
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    • Article
      RAS and MRELB
      253 8 RAS prices m s cmMs, fob In bate) 1 NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RS5 Prompt 209.00 210.00N 206.50 207.5ON Int 1 RSS Dec 87 208.00 209.00 205.50 206.50 Int 1 RSS Jan 88 208.25 209.25 206.00 206.50 Int 2 RSS OP 207.00 209.00N
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    • Article
      SSR and SMR
      76 8 (canti/kg, 1 -ton poM*n) DECEMBER 87 JANUARY 88 (currant month) (forward month) RAS NOON NOON ■vy*n Saltan SSR 20 208JO 210.50 208JO 210J0 sse 50 207.00 209.00 207.00 209.00 MRELB tuy«r> S<U<n lwr«ri SMt CV 263.00 265.00N 264.00 266.00N SMR L 263-50 265JON 264.50 266.50N SMC 5
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    • Article
      Palm Oil
      456 8 Crude palm oil price* recovered from initial falls to close slightly higher yesterday. Nov South and Central regions closed M$2.50 higher at $805 and $800 per tonne respectively. Oec South was also up $2.50 at $807.50. Dec RBD palm olein rose $2.50 to $355 per tonne. ROTTERDAM Oo*>g
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    • Article
      KL Tin
      60 8 The price of tin on the Kuala Lumpur Tin Mart* rota anothar four cants yesterday to close at M $17.43 a kg. Contributed tin fall to 55 tonnes from 64 on Monday. About 30 par cant rationing was noted. I yik pficcf on Nov 10 KL TIN (msAQ)
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    • Article
      Produce Prices
      264 8 Chinese Produce Exchange SoWocs noon doiinQ prion on Nov 10 (SS/100 kg) Coconut oil Bu* FOB 93.00 Old drum FOe 103.00 Ntw drum FOB 107.00 Copra Mlxad (too**) 53 Pepper MuMofc whit* FOB NLW *****0 Sarawak «NM FOB faq NIW 1303JO Sarawak iptdol Mack FOB NLW 940.00 Sarawak
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  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      212 8 Results just ahead. The first stop on the road to results is a phone call to IBM. \Kell ask you some questions about your business and about the kind of results you're looking for. Then we'll put you in touch with the IBM Authorised Dealer or System Remarketer we think
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Apple market is still juicy
      342 9 AN IMPRESSIVE $51.3 million worth of apples or 27,133 tonnes of the fresh fruit were imported last year, giving the Republic a g real shine for the Washing- ton State Apple Commis- sion (WSAC). Some of the apples are subsequently re-exported but Singapore has been
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    • COPY LINES
      • Article, Illustration
        Management movements at Leo Burnett
        126 9 JAY CHONG has been appointed account director at Leo Burnett. Chong was formerly from McCann Erickson and Bozell, Jacobs, Kenyon Eckhardt. She will now be responsible for several major accounts in the agency including the Singapore Convention Bureau, Cathay Pacific and Noel Hampers. Fang Hup
        126 words
      • Article
        Gibson retains Austrade account
        60 9 GIBSON Public Relations has retained the Australian Trade Commission (Austrade) account in a competitive bid. The agency has held the account since 1984. Gibson has also been appointed by Jardine Shipping Agencies and Guinness Flight Global Asset Management for a regional PR programme by the International
        60 words
      • Article, Illustration
        Impressive line-up at congress
        141 9 THREE key speakers from the international advertising world will form part of an impressive line-up at the lAA World Advertising Congress in Australia next year. They are Allen Rosenshine, president and chief executive officer of Omnicon; John Perris, international media director of Saatchi Saatchi, UK; and
        141 words
    • Article, Illustration
      Cartier's crackdown on counterfeits paying off
      725 9  -  By MARTIN SOONG ABOUT half of the counterfeit watches being peddled around the world bear the Cartier label. Swiss watch-maker Rolex comes in a close second, commanding about a third of counterfeiters' attention. Ebel, Piaget and Omega trail, in that order. That's reason for
      725 words
    • Article, Illustration
      CIBA has great vision in Singapore
      500 9  -  By GENEVIEVE CUA ONE OF THE leading names in contact lenses and lens care products has settled on Singapore as the centre for marketing and distribution in South-east Asia. CIBA Vision, manufacturer and distributor of vision care products, has just opened its new 2,000-sq-m
      500 words
    • Article
      Sincere Watch hopes to attract S'pore yuppies
      347 9 IN A MAJOR RETHINK of its marketing plans, longestablished local watch retailer Sincere Watch Pte Ltd decided to zoom in on the pockets of the young upwardly mobile professionals (yuppies) in Singapore. The move, begun about two years ago. marked a major turnaround
      347 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      76 9 u I —1 kVJ w VILLAGE Vietnamese Seafood Restaurant It's more Vietnamese to eat in a country-side atmosphere. We also serve Seafood 8.8. Q. and Steam Boat every evening in open air SINGAPORE TENNIS CENTRE 1020 East Coast Parkway, Singapore 1544. Tel: *****66 ATTENTION! East Coast Parkway is noiv 2-way
      76 words
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      Page 9 Advertisements Column 2
      10 9 M onagers ust anage BT shows you how every Monday.
      10 words
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      Page 9 Advertisements Column 3
      155 9 FLY TURKISH AIRLINES TO TURKEY pi IS t I V: I IS* Lin •< If J f j ,4 rs \n j tit" .V I Treat yourself to a travel comfort and traditional Turkish hospitality on board. Famous Turkish hospitality enhanced by the comforts of the world's most advanced jetliners
      155 words
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  • PERSPECTIVE
    • Article
      America suffers leadership blues
      561 10 IN THESE TRYING TIMES, when the world can least afford it, the United States is suffering from a crisis of leadership. There are several manifestations. In recent days, President Ronald Reagan made two nominations for the Supreme Court and both nominees were found wanting. Robert Bork,
      561 words
    • Article, Illustration
      High cost of labour puts off investors
      834 10  -  Earlier this year, a team of researchers from the NUS School of Management interviewed 99 manufacturers on their major areas of concern, current practices and future programmes. LOH HUI YIN summarises the findings of the third Singapore Manufacturing Futures Survey. LOH HUI YIN
      834 words
    • Article
      Catchwords that do not catch on
      566 10 AUTOMATION, computerisation, and more recently, information technology these catchwords of ministerial speeches are not considered by manufacturers to merit all that much attention. It isn't that they do not see the need to automate, computerise and be plugged into the world of information technology.
      566 words
    • Article, Illustration
      Lock icon Brazil losing battle against hyperinflation
      654 11  -  By DOMINIQUE JACKSON Reuter BRAZIL'S latest offensive against spiralling prices is foundering with monthly inflation approaching double digits as the partial price freeze imposed in June begins to crumble, economists say. Official projections see inflation reaching an annual rate of 365 per cent, or one
      Reuter  -  654 words
    • Article, Illustration
      Lock icon Five-day work week poses problems for India
      600 11 NYT TWO YEARS AGO, Prime Minister Rajiv Gandhi s government, newly installed in power and bubbling with fresh ideas, introduced a revered western concept to ancient India the weekend. And although the five-day work week has come to be accepted by millions of
      NYT  -  600 words
    • Article, Illustration
      Lock icon Japan questions its capability for scientific research
      652 11 NYT NATIONAL PRIDE was ample and undisguised last month when Susumu Tonegawa became the first Japanese to win the Nobel Prize in medicine. Front-page headlines were of the local-boy-makes-good variety. The impression conveyed was that the honour had been bestowed on all Japan,
      NYT  -  652 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      173 10 M onagers ust anage BT shows you how every Monday. With 700 luxurious rooms and suites each overlooking the Chao Phraya River, the Shangri-La is truly a city resort in the heart of Bangkok. Set amidst beautiful landscaped gardens, it offers an extensive #5 n Hflf range of leisure activities
      173 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      25 10 BriStcW^ftanklfccfce^ THC T ufspvTeu-S me V sJs£l SHE'S 6eeN IV^ fCO Wou to fc£/0 Tmc T£A molv rofoceteJ'JlYou 'u_ shortly Be r J\PI cmxt smcxo
      25 words
    • Miscellaneous
      Page 10 Miscellaneous Column 2
      644 10 CRYPTIC PUZZLE ACROSS 1 Snappy bit of snooker? (5) 6 Crowd noises (5) 9 Use of words from a lexicon? (7) 10 He's crazy to Ann (5) 11 Repairs many objects (5) 12 Like a good sporting round, that's obvious (5) 13 Very slight little fellow (7) 15 Striking feature
      644 words
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  • Page 11 Advertisements
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      220 11 Th« University Melbourne Graduate School of Management Postgraduate Diploma in Management Studies The Graduate School of Management is a national management school offering postgraduate management education of the highest standard. Applications are invited for enrolment in its Postgraduate Diploma in Management Studies program of 1988. This is an eight-month full-time
      220 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1227 11 to sm mm c aoL -4. mmmm ?ffc #»»s: syS" -r i A MM Dr James Harrington, Dr Bianton Godfrey, Chairman Mah Bow Tan, Wayne Kost and Prof. Asb)orn Aune (from left to right) on Ch 12 at 9.45pm TV FORUM: THE Q FACTOR 9.45pm, Channel 12 This TV forum
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon American professional wrestling promotes bigotry: sociologists
      512 12 AP THE POPULARITY of professional wrestling as an American spectator sport stems partly from its promotion of negative racial and ethnic stereotypes that are bad for children, say two sociology professors. The professors, Brendan Maguire and John Wozniak of Western Illinois University, say "wrestle-mania"
      AP  -  512 words
    • Article, Illustration
      Lock icon Roche collects Super Prestige Trophy
      122 13 Reuter IRELAND'S Stephen Roche, winner of the Tours of France and Italy, and world cycling champion, was awarded the Super Prestige Trophy for overall performance at a ceremony in Paris on Monday. Roche succeeded compatriot Sean Kelly, winner of the trophy for the past three
      Reuter  -  122 words
    • Article
      Lock icon ICC keeps mum on South African recommendation
      241 13 AFP A VEIL of secrecy hangs over the latest round of discussions on the vexed problem of cricket and South Africa. After a meeting of the International Cricket Conference's special delegates in Calcutta on Monday, it was announced in a brief statement that
      AFP  -  241 words
    • Article
      Lock icon Chile dropped as World Cup host candidate
      178 13 AP CHILE'S bid to play host to the 1994 soccer World Cup finals has been dropped at its own request, leaving Brazil. Morocco and the US as candidates. The International Soccer Federation (Fifa) announced on Monday that a commission evaluating host applications noted
      AP  -  178 words
    • Article, Illustration
      Marimuthu's appeal rejected by PGA
      561 13  -  By WALTON MORAIS THE PROFESSIONAL Golfers Association of Singapore has turned down M Marimuthu's appeal against a one-tournament suspension. This is because the PGA constitution does not allow for appeals against suspension, sources say. They add that the PGA constitution only allows for an appeal
      561 words
    • Article, Illustration
      Lock icon New NFL teams showing real potential
      359 13 AP SOME OF THE NFL's emerging teams are starting to show up as winners. Try Philadelphia. San Diego. Minnesota and New Orleans, all of which showed real potential. The Eagles' 31-27 victory over Washington on Sunday avenged its only "real" loss of the season.
      AP  -  359 words
    • Article
      Lock icon Fitzgerald broke neck in crash
      356 13 AP A MEDICAL EXAMINER determined on Monday that Jim Fitzgerald died of a broken neck when he crashed his car during the St Petersburg Grand Prix. Fitzgerald, a racing partner of actor Paul Newman, smashed a Nissan 300ZX turbo into a concrete barrier on the
      AP  -  356 words
    • Article
      Lock icon No place for second
      113 13 UPI A 17-YEAR-OLD American High School football player who broke his neck by butting his head against a wall after a frustrating loss is a "highly competitive person" who hates to lose, says his principal. Doug Mansfield, a senior nose guard at Humboldt High School, was
      UPI  -  113 words
    • Article, Illustration
      Lock icon Kasparov adjourns with winning chances
      491 13 AP WORLD CHESS CHAMPION Garry Kasparov adjourned the 11th game of his title contest against the challenger, Anatoly Karpov, after 41 moves on Monday with good chances for victory when play resumed in Seville yesterday. Karpov, playing white, had gained a clear advantage in the
      AP  -  491 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      828 12 UL Hi C\ 'J I T >■ «o r-i 1 IMC 1 ja THE MOST WONDROUS BUFFET LUNCH IN TOWN Entov a gourmet buffet luncheon at an ungourmet price l For starters, take your pick of our cokJ dishes prawns on ice. fresh oysters smoked salmon melon and dried ham.
      828 words
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      Page 12 Advertisements Column 2
      121 12 W*lL "1 Scandinavia at The Belvedere The Belvedere's Scandinavian buffet luncheon. An incredible selection of more than 60 authentic favourites from Denmark, Sweden and Norway. November 5 to 30. 12.00 to 2.30 pm daily. Adult: $31++/ Child: $15+ The matiaypncnt ncst-ru** tlx- 'd!77~/n2r > to change the programme. (SHnt ith
      121 words
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      Page 13 Advertisements Column 1
      344 13 9 m. m m K IS m i Everyday Buffet Day /unto restaurant comer Pick any meal, buffet style anytime. At the Luna Corner, you'll find an unbeatable spread of local and regional favourites. Whatever your choice, you're in for a hearty meal-time. Breakfast Buffet $10.00++ Per Person Lunch Nonya
      344 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Falls in overseas markets trigger selling binge
      4375 14 SHARE PRICES fell across the board yesterday as news of sharp falls in overseas markets, especially in Tokyo, prompted a fresh wave of selling. While some dealers said that the bomb scares in the city area had no effect on the market, sentiment
      4,375 words
    • Article
      Chief price changes
      262 14 SINGAPORE Rises Indices CCM 260 20 No- 9 Not 10 Metol to* Seer* 406 4 8T Comport! 735.49 715.81 MolokoH 235 5 IT OS/OS -153 -232 Out CVAS 110 5 81 CADI -6813 -6931 Of* tnd 250 4 8T 10-day M A -6725 -6748 8TO8V *****05 *****14
      262 words
    • Article
      Business done on the SES
      3916 14 BID and offer prices officially listed and hnrtw in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Aemo il 07 Bl 1181 106
      3,916 words
    • Article
      COMPANY MEETINGS
      250 14 KEMAYAN OIL PALM Bhd: 22nd AGM at 5E Foh Chong Building. 66 Jalan Ibrahim, ***** Johore Bahru on Saturday. Nov 21. at noon. AUSTRAL AMALGAMATED TIN Berhad: 48th AGM at the PNB Theatrette. 2nd Floor, Menara PNB. 201A, Jalan Tun Razak, ***** Kuala Lumpur on Monday. Nov 23.
      250 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Trust your remisier or the trust account?
      652 15 mam HOCK LOCK SIEW INVESTORS appear to be curiously understanding towards stockbroking firms these days, particularly since memories of Pan-Electric and the fallout of several stockbroking firms are still fresh in the mind. This is why when their remisiers people who buy and
      HOCK LOCK SIEW  -  652 words
    • Article
      Lock icon Fima reverses trend of falling profits
      240 15 MBT FIMA METAL BOX appears to have fully recovered from the economic slowdown with an impressive 162 per cent jump in group pre-tax profit to M 55.7 million for the half-year ended Sep 30. 1987. If this level of profitability is maintained in the
      MBT  -  240 words
    • Article
      Van der Horst sweetens rights with bonus warrants
      470 15  -  By AMY BALAN MARINE ENGINEERING group Van Oer Horst has tossed in another sweetener since its original one-for-two rights issue of 19.14 million shares with warrants has turned sour following the stock market crash. The directors yesterday announced a one-for-four bonus warrants
      470 words
    • Article
      Hwa Hong deal falls through
      438 15  -  Serene Centre owner terminates sale By LISA LEE HWA HONG Corporation's proposed deal to buy over Serene Centre for $14 million through an issue of new shares has fallen through as the vendor has decided not to sell the property. A spokesman of Hwa Hong
      438 words
    • Article
      Lock icon Cheung Kong rights issues draw lukewarm response
      140 15 Reuter FOUR rights issues designed to raise a total of HK$lO billion for the Cheung Kong (Holdings) Ltd group drew a lukewarm response as subscriptions closed, underwriters said. Small investors have shunned the issues as share prices have plunged about 30 per cent
      Reuter  -  140 words
    • Article
      Lock icon Taiping Con has plans for housing project
      199 15 MBT TAIPING CONSOLIDATED intends to start housing development on Pajam Estate in Negri Sembilan if response to the sales launch of industrial lots early next year proves successful. The 90 industrial lots, ranging from half an acre to 30 acres each, form the
      MBT  -  199 words
    • Article
      Lock icon Pinal plans for Sama World expected to be made this week
      366 15 MBT SAMA HOLDINGS is expected to wrap up plans for its Mssoo-million Sama World project by this week. This will be followed by the official appointment of a financial adviser to the project before the end of this month.
      MBT  -  366 words
    • Article
      Unit trusts
      304 15 Managers' prices DBS Bank tor Nov 11 Singapore Unit Trust Gr Jopon Gr fund* Shinto* Thr.fi fund# 072 I 25 078 0 76 1 X 078 The Commerce 086 098 The Sovogs Fund 076 085 5 OO't Prog Fund 035 041 Spore Sec Fund 0S9 066 Spore Invest
      304 words
    • Article
      COMPANY BRIEFS
      193 15 UlC's purchase of hotel completed UNITED Industrial Corp Ltd's acquisition of the Dallas Hilton Hotel for US$15.2m was completed on Nov 5. The purchase will be financed from internal sources and loans. Suspension date changed FEDERAL Flour Mills Bhd and Rasa Sayang Beach Hotels (Penang) Bhd will be
      193 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      102 15 ANNOUNCEMENT NMBBANK Nederlandsche Middenstandsbank nv (Incorporated in The Netherlands) are pleased to announce the opening of their offshore branch in Singapore with effect from 2 November 1987. The offshore branch is presently located together with the merchant bank, NMB BANK (SINGAPORE) LTD at 5 Shenton Way #21-01 UIC Building Singapore
      102 words
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      Page 15 Advertisements Column 2
      361 15 FJ BENJAMIN SONS PTE LTD W! fenoi PRODUCT MANAGER Te now have a single remaining vacancy tor a capable and competent professional who will uphold our commitment to fashion in Singapore. The likely candidate will be a Singaporean with experience in product management and flair for luxury/fashion goods. Working knowledge
      361 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Nippon's offer of 1.95 million shares fully subscribed
      269 16 Reuter THE 1.95 MILLION shares of Nippon Telegraph and Telephone Corp which were to be sold yesterday and today are fully subscribed, brokers underwriting the sale said. NTT shares will each sell at 2,547,600 yen, a 3.5-per cent discount to their Monday
      Reuter  -  269 words
    • Article
      Lock icon Li lambasts foreign brokers
      88 16 Reuter RONALD LI. embattled chairman of the Hongkong Stock Exchange, has lashed out at foreign brokers in the British colony, blaming them for chaos that he said forced the market to close. Mr Li, under attack from large foreign brokerages for his decision to close the
      Reuter  -  88 words
    • Article
      Late pressure sends KL prices tumbling
      3312 16 SELLERS SWARMED the Kuala Lumpur stock market near the close of trading yesterday pushing share prices down sharply. A trail of of hefty losses littered across the board in quiet trading. A broker pointed out that the downswing was in line with the fall
      3,312 words
    • Article
      HS Index loses 96 points
      1461 16 Hongkong SHARE PRICES closed sharply lower in slow trading on the Hongkong market yesterday on continued selling in reaction to the weakness on overseas markets, particularly Tokyo, brokers said. The Hang Seng Index lost 96.07 points to close at 2,043.24, around the day's lowest level.
      1,461 words
    • Article
      Seoul
      133 16 NOV 10 WON Kai ***** -50 Cheii Sugar ***** -300 K angmron Ind Kia Motor ***** ***** 170 -600 Daeiim ind ***** -500 Kolon Ind ***** -500 Daewoo Corp ***** -300 Korea Long Term ***** -570 Daewoo Heavy ***** -500 Lucky Ltd ***** -600 Daishin Securities ***** unch Oriental
      133 words
    • Article
      Lock icon Tokyo
      521 16 Reuter SHARE PRICES on the Tokyo market plunged below the low hit in their October 20 crash yesterday, closing down 3.4 per cent in thin trade. Deep concern over the health of the US economy, s falling dollar and tumbling local bond prices sent stocks sinking slowly but steadily
      Reuter  -  521 words
    • Article
      Lock icon Sydney
      452 16 Reuter MONDAY'S targe declines on foreign markets caused Australian stocks to drop to 14-month lows yesterday as investors erased all Monday s gains, brokers said. "Local investors defied Wall Street's bad performance last Friday by pushing the market up yesterday, but they just couldn't ignore it this time." one
      Reuter  -  452 words
    • Article
      Lock icon Bangkok
      162 16 Reuter THE SECURITIES Exchange of Thailand Index dropped 9.23 points on a turnover ot 5.190.528 shares worth 607.80 million baht. Reuter NOV 10 »AMT Ao Kham Thai Ayodhya Investment 394 -20 Bangkok Agro-ind Bangkok Bank Bank Of Ayudhya 96 329 342 -5 -8 -18 Charoong Thai Wire Cable Data
      Reuter  -  162 words
    • Article
      Taipei
      301 16 NOV 10 NT S Kolm Kuochan Dev Lee Chang Yuen 31 50 42 50 -09 All Sincere Indus 300 Chem Indus 30 60 •09 Asia Cement 64 50 -1 5 Lien Hwa Indus 37 60 -1 1 Cathay Cons 65 50 -2 Nan Ya Pias 59 00 -1 5
      301 words
    • Article
      Manila
      102 16 NOV 10 PESOS Marsteel Oriental B 0 0675 0 005 Pirn Overseas 0 065 0 0025 Acoie Mining Ptvie» B Anglo Phil 0 022 unch Pic op B 046 -003 Apei Mining B 0 055 -0 00?5 pj_[)T Atlas Con B 21 -6 Si„ Miguel B Baguio Gold seatrorx
      102 words
  • Page 16 Advertisements
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      381 16 NOTICES IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 TOLLEY CORPORATION LIMITED (In Members' Voluntary Liquidation) FINAL MEETING OF MEMBERS NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final General Meeting of the Members of the abovenamed company will be held
      381 words
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      Page 16 Advertisements Column 2
      300 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND TRANSCHEM PRIVATE LIMITED (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Transchem Private Limited duly convened and held at N0.77 High Street #07-12 High Street Plaza, Singapore 0617 on Friday, 6th November 1987, the following Special resolution was
      300 words
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      Page 16 Advertisements Column 3
      403 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND CLOVERMATES INTERNATIONAL PTE LTD NOTICE OF RESOLUTIONS FOR CREDITORS' VOLUNTARY WINDING UP ((Pursuant to Section 290(2)] At meetings of members and creditors of Clovermates International Pte Ltd duly convened and held at 9 Penang Road #13-00. Supreme House, Singapore 0923
      403 words
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      Page 16 Advertisements Column 4
      250 16 In the Matter of The Companies Act, Cap. 50 and In the Matter of LEEWOOD PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 200 Jalan Sultan. Textile Centre. #10-09, Singapore 0719 on Tuesday. 10th November 1987, the following
      250 words
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  • WORLD MARKETS
    • Article
      Lock icon Dow falls sharply lower to 1900
      930 17 New York Reuter WALL STREET stocks fell sharply on Monday, mimicking the declines in the London and Tokyo stock markets and demonstrating discomfort with Washington's apparent lack of progress in whittling down the federal budget deficit, traders and analysts said. Contributing to the decline
      Reuter  -  930 words
    • Article
      Lock icon Equities plunge in early trade
      968 17 London Reuter THE FINANCIAL Times/Stock Exchange Index of 100 leading UK shares fell 44.3 points or 2.8 per cent at yesterday's opening to 1,520.9, its lowest level since mid-August, 1986. Dealers said fresh falls in the dollar yesterday morning and sharply lower closings on Wall
      Reuter  -  968 words
    • Article
      Untitled
      1342 17 Selected indices HONGKONG Hongkong Index Tuesday 1323 37 Monday 1383 67 Week ogo 1418 84 Hang Seng Index T uesday 2043 24 Monday 2139 31 Week ogo 2180 74 All Industrials Tuesday Monday Week ogo NEW YORK Dow Jones Mondoy FfidOy Week ogo 1875 5 1945 7 2079 3 1900
      1,342 words
    • Article
      Lock icon Clerks at NYSE vote to strike
      58 17 AFP CLERICAL workers at the New York Stock Exchange (NYSE) on Monday voted to strike But vice-president Richard Torrenzano said: "The NYSE has a number of contingency plans in place and is prepared to open as scheduled and (unction in an orderly manner throughout
      AFP  -  58 words
    • Article, Illustration
      Lock icon Conditional nod likely for British Caledon-BA tie-up
      370 17 Merger intended to create a 'mega-carrier' Reuter BRITAIN is expected to approve conditionally a controversial plan for the loss-making independent airline British Caledonian to merge with recently-privatised British Airways, industry sources said. Lord Young, the Trade and Industry Secretary, is expected to announce
      Reuter  -  370 words
    • Article
      Lock icon Doubts growing over the future of French privatisation
      507 17 Reuter DOUBTS WERE growing on Monday over the future of the French government's prized programme of state asset sales after its latest privatisation, financial holding firm Compagnie Financiere de Suez, began trading on the stock market 18 per cent below its public
      Reuter  -  507 words
    • Article
      Lock icon Accord will propel Unisys to top position
      192 17 Reuter UNISYS CORP's agreement to ><* buy Timeplex Inc. a maker of voice and data communications ><~ gear, will propel the computer T company to the top of one of the fastest-growing segments of the r communications industry, say industry analysts. Analysts also
      Reuter  -  192 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      219 17 Spotlight on achievement Can Singapore maintain its competitive edge into thel99os? $5,000 to be won! Business Times and DHL are running an essay contest in conjunction with the BT-DHL Businessman of the Year Award and Enterprise Award. Your views are sought on "How Singapore can maintain its competitive edge into
      219 words
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  • Article
    Nabisco sets up regional office in Singapore
    617 18  -  Three-fold expansion over the past 10 years By WILLIAM CHIA GREAT OAKS from little acorns grow. Allowing for a little exaggeration, that proverb does describe the expansion of a peanut-roasting operation which is soon to grow into the regional office of R J
    617 words
  • Article, Illustration
    Lock icon Move towards common stand on war
    385 18 AP SYRIA HAS apparently blocked an attempt to return its rival Egypt to the Arab League, but progress was reported towards a united stand on the Iran-Iraq war as Arab summit deliberations entered a third day yesterday. The 21 Arab delegations went into closed
    AP  -  385 words
  • Article
    Lock icon UK won't back Hermes space project
    223 18 UPI A BRITISH OFFICIAL has said that his country will not help the European Space Agency develop a shuttle-like spacecraft. UK Space Minister Kenneth Clarke told the 13-member ESA, which began a two-day meeting in The Hague on Monday, that Britain would put no
    UPI  -  223 words
  • Article
    Lock icon Top disarmament priority
    69 18 Reuter THE SOVIET UNION urged the US on Tuesday to make a global chemical weapons ban a top disarmament priority after the superpowers sign a treaty at next month's summit scrapping medium-range nuclear missiles. Soviet Deputy Foreign Minister Vladimir Petrovsky told a news conference fresh proposals from
    Reuter  -  69 words
  • Article
    Lock icon Manila drafting bill to drop Sabah claim
    278 18 AFP THE PHILIPPINE government is preparing legislation formally renouncing its dormant claim to Malaysia's Sabah state. Foreign Secretary Raul Manglapus said in Manila yesterday. He told a news conference that a proposed bill delineating Philippine territory was being drafted by his office and
    AFP  -  278 words
  • Article
    Lock icon KL approved 200 projects worth M$2.3b in first nine months
    322 18 Bernama ES MALAYSIA'S Trade and Industry Ministry has approved a total of 200 projects with a proposed capital investment of M 52,306.9 million for the first nine months of this year, said its secretarygeneral. Datuk Ahmad Sarji Abdul Hamid, in
    Bernama ES  -  322 words
  • Article
    Lock icon No 'dynasties'
    47 18 Reuter PHILIPPINE President Aquino yesterday said she would strongly discourage her relatives from standing in next year's elections in line with Senate moves to outlaw "dynasties". Mrs Aquino vowed no member of her family would be given "special treatment" in the Jan 18 polls. Reuter
    Reuter  -  47 words
  • Article
    Lock icon Communists vow to kill Americans in Mindanao
    273 18 AFP PHILIPPINE communist rebels yesterday vowed to kill Americans and attack USowned firms and plantations on the southern island of Mindanao, echoing threats by their comrades elsewhere in the country. The National Democratic Front (NDF) command in Mindanao, a vast island where US-owned
    AFP  -  273 words
  • Article
    F & N and Wattie Industries raise stakes in Cold Storage
    355 18 F N and Wattie Industries raise stakes in Cold Storage FRASER NEAVE and Wattie Industries joint-venture partners in the recent successful takeover of Cold Storage Holdings have taken advantage of the stock market crash to individually raise their stakes in the food and supermarket group. While a number of institutions
    355 words
  • Article
    Lock icon Dalai Lama plans talks with new Chinese leaders
    441 18 Reuter THE DALAI LAMA said yesterday that he would make fresh attempts to reopen talks with Beijing on Tibet's independence following the introduction of younger and more open leaders in China. The exiled Tibetan leader also said in an interview that he
    Reuter  -  441 words
  • Article
    Lock icon Comex gold and silver
    90 18 Reuter COMEX GOLD FUTURES lost ground on nervous selling yesterday against a lower stock market but professional buying cushioned the fall. December gold was USSS.SO easier at U*****.80 an ounce with speculative selling sponsoring the fall before dealers emerged as buyers. Analysts said the tone was
    Reuter  -  90 words
  • Article
    Lock icon Dow Jones lower
    85 18 Reuter WALL STREET stocks fell over a broad front yesterday with blue chips sharply lower. Brokers said selling was related to a falling dollar and no signs of central bank support. They also said selling was prompted by continuing stock losses in Tokyo. The Dow 30 index
    Reuter  -  85 words
  • LATE FILE
    • Article
      Lock icon Hongkong exports up
      64 18 AFP HONGKONG'S total exports surged 37 per cent from a year earlier to HK534.3 billion in September, government statistics showed yesterday. Domestic exports rose 28 per cent to HKSI7.6 billion and re-exports of goods jumped 46 per cent to HK$l6.5 billion, a statement said. Imports grew 40
      AFP  -  64 words
    • Article
      Lock icon Dollar to continue fall?
      44 18 AFP THE US dollar will continue to fall until current imbalances in world trade are coo rected. US Special Trade Representative Clayton Yeutter impiictfy indicated in Geneva yesterday. He declined to point to any reasonable exchange rate for the dollar.
      AFP  -  44 words
    • Article
      Lock icon Indonesian debt repayments
      66 18 AFP INDONESIAN foreign debt repayments will peak at US$4.2 billion a year during the next three years, the leading daily newspaper Kompas quoted a Finance Ministry official yesterday. "This record foreign debt obligation will bring a further load on the country's balance of payments,'' said Dono Iskandar
      AFP  -  66 words
    • Article
      Lock icon Keidanren to call for meeting
      61 18 AFP JAPAN'S most powerful business group, Keidanren, plans to call on the government to take the initiative in convening a meeting of financial leaders from Western industrialised countries. The emergency appeal from the Federation of Economic Organisations is to be delivered to Prime Minister Noboru
      AFP  -  61 words
    • Article
      Lock icon More to lose jobs in Moscow
      63 18 AFP FIFTY per cent of staff in industrial ministries in Moscow will lose their jobs by 1990 as a result of economic reforms, a Soviet newspaper said yesterday. The daily Sotsialisticheskaya Industrie, which expressed strong reservations about the way the decision to streamline central
      AFP  -  63 words
    • Article
      Lock icon Protests erupt in Sri Lanka
      75 18 Reuter PROTESTS hit Sri Lanka yesterday as Sinhalese hardliners opposed to autonomy for Tamils in the north and east of the country cut train and power lines and staged anti-government demonstrations. Troops sealed off Parliament and armoured cars patrolled some streets nearby after a powerful
      Reuter  -  75 words
    • Article
      Lock icon Helmut Kohl re-elected
      37 18 UPI CHANCELLOR Helmut Kohl has been re-elected chairman of West Germany's ruling Christian Democratic Party for another two years, but an increased number of abstentions and no' votes signals growing dissatisfaction with his leadership.
      UPI  -  37 words
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      107 18 OEBENHAM TEWSON CITY VALUERS PTE LTD i ti FOR SALE PRIME INDUSTRIAL SHOWROOM AT 9% SECURED YIELD Petaling Jaya, Malaysia 11/2 storey showroom/office located next to Federal Highway set in a prime location. It has a prestigeous tenant secured on a 20 years lease. Total Floor Area ***** sq.ft. (3670
      107 words
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      Page 18 Advertisements Column 2
      17 18 *O|N 1 Hrn 1982 \do you serve Muscadet with Szechuan Prawns? "TiSr 1 "On the dully side?
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  • SHIPPING TIMES
    • Article
      Lock icon Japanese lines lower projected earnings
      235 19 Reuter TWO LEADING Japanese shipping companies have lowered their projected earnings for the current year. In a statement yesterday, Nippon Yusen Kaisha said it has revised its profit forecast for the year ending March 31 to 4 billion yen from a previous forecast of 6
      Reuter  -  235 words
    • Article
      Perak company seeks to construct luxury yachts
      336 19 MALAYSIAN-MADE luxury yachts may become a common sight in the near future if plans by a Perak company to mass produce them for the international market were to materialise. Hilir Perak Marine Sdn Bhd's plans to construct glass reinforced plastic (grp) or fibreglass
      336 words
    • Article
      Lock icon Nigeria cracks down on smuggling with tougher measures
      251 19 Reuter NIGERIA announced its toughest measures yet to crack down on smuggling on Monday, including a threat to seize foreign ships landing contraband. An official statement said that with immediate effect "any foreign ships found with contraband or prohibited items will be
      Reuter  -  251 words
    • Article
      Lock icon Minister to brief cabinet on the killing of M'sians by pirates
      195 19 Bernama MALAYSIAN Foreign Minister Datuk Abu Hassan Omar is briefing the cabinet today on the reported killing of two Malaysians and the kidnapping of four others by pirates in Philippine waters last month. He said that although he had
      Bernama  -  195 words
    • PORT SIDES
      • Article
        Lock icon Strong winds from Atlantic
        57 19 Reuter A NEW STORM from the Atlantic will bring strong winds and heavy rain to Ireland, southern Britain and north-west France from today into early tomorrow, private forecaster ACCU-Weather Inc said. Winds may gust over 96kmph at times over important shipping lanes in the eastern Atlantic
        Reuter  -  57 words
      • Article
        Lock icon Congestion surcharge up
        53 19 Reuter THE HONGKONG/GULF of Aden and Red Sea Ports Conference will raise the congestion surcharge at Port Sudan to 15 per cent from 5 per cent, effective Nov 24. Meanwhile, it will cut the congestion surcharge at Port Assab to 5 per cent from 15 per cent,
        Reuter  -  53 words
    • Article, Illustration
      Sydney Showboat owners confident of recovering cost in two years
      488 20 THE BACKERS of the Sydney Showboat which is being completed at the Siong Huat Shipyard expects to recover the cost of construction in two years. The optimism rests on the popularity of the boat even before the owners. Blue Line
      488 words
    • Article
      A first for Siong Huat to build paddle wheel boat
      198 20 THE CONSTRUCTION of the paddle wheel boat is a first for Singapore and for Siong Huat Shipyard. Its ability to guarantee delivery of the boat ahead of the Christmas holiday season swung the deal in its favour. Mr Gray estimates
      198 words
    • Article
      Road operators need to be organised
      253 20  -  From Kingsley Wood ROAD TRANSPORT operators had to become far less disorganised if they wanted to have better turnaround times for trucks at container terminals, general manager of Seatainer Terminals Ltd, Mr Steve Alty, said in Sydney. STL, owned by the P OCAL group,
      253 words
    • Article
      INDEX TO ADVERTISERS
      908 20 AB Shpg V 5 ABC Container VNI > Accord Shpg VI 3 Ahrenkiel liner XI 1 Africa Oceon XII 2 Alltrons VII 3 AC Toepfer XI S Amencon Tpt XN 4/5 Anro Service IV 2/3 Arrow lines IX 5 Anon Ocean VI 3 Atlas line X 5
      908 words
    • Article
      LONDON FREIGHTS
      1506 20 GRAIN shippers continue to give fair support to the market on Monday with various vessels arranged out of the US Gulf but there was still a lack of panamax fixing to Holland or Japan, shipbrokers said Soybean meal was covered from the Gulf to Yugoslavia at U5519.75 and
      1,506 words
    • Article
      Lock icon UK calls for urgent action on ro-ro ferries safety
      453 21 Reuter UNITED KINGDOM Transport Secretary Paul Channon called on the International Maritime Organisation (IMO) to lead the way in an urgent programme of action on the safety of roll-on/roll-off ferries. Addressing the opening session of the 15th IMO Assembly on Monday,
      Reuter  -  453 words
    • Article
      Lock icon Dutch union threatens port strike
      106 21 Reuter THE MAIN Dutch port and transport Union. FNV, is threatening a 24-hour strike over pay and work practices in Amsterdam port's general cargo sector today, a union spokesman said. The strike threat follows Fri- day's breakdown of talks with harbour employers on a new
      Reuter  -  106 words
    • Article
      Lock icon WEEKLY FREIGHTS
      861 21 AFP THE RECENT rates rally continued last week on the freight market, although there was significant slowing up in activity. The Baltic Freight Index (Biffex) ended at a record high of 1,175 points, mainly reflecting the strength of rates for Cape Size carriers (100,000 tonnes), in both the
      AFP  -  861 words
    • Article
      Lock icon B and H Bulk agrees to buy five more ships
      185 21 Reuter B and H Bulk Carriers has purchased three dry bulk cargo ships for US$B.B million and has agreed to purchase five additional vessels for US$lO.7 million. Of the ships already purchased, one was built in 1980 with dwt of
      Reuter  -  185 words
    • Article
      SHIPPING LIST where your ships ore due,..and when
      8150 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 estimated dates of arrival and departure from the Port of Singapore
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    • Article
      SHIPS IN PORT
      1575 27 AT CONVENTIONAL WHARVES V«M«I Berth Arrival Departure KEPPEL WHARVES 6oar>ng K3S alongside II II 2300 K13 alongside *****700 Feng,m K29 olongs.de 1311 2300 Koto W'jOyO K3I Qiongs-de 14 *****0 Krts Me'e'o K25W alongside II *****0 Kyowo B'eeze *20 olongside II II 2300 l.ndeebefc KI8 olongvde II II
      1,575 words
    • Article
      Who acts for whom...
      1984 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 Alltrans Express American President Lines
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    • Article
      Lock icon US$5O million demolition sales fail to go through
      398 30 Lloyd's List SOME US$5O million worth of planned ship sales to demolition yards in Taiwan have collapsed amid bitter recriminations. Owners allege that some shipbreaking companies have failed to honour firm commitments to purchase tonnage. The breakers say they have reacted in
      Lloyd's List  -  398 words
    • Article
      Lock icon P & O's £25m ferry insurance claim is valid
      232 30 P O's £25m ferry insurance claim is valid Reuter The £25 million insurance claim by The Peninsular and Oriental Steam Navigation Co (P O) on the Herald of Free Enterprise ferry is valid, corporate affairs director Peter Thomas said. There were renewed rumours that Prudential Assurance Co Ltd. a subsidiary
      Reuter  -  232 words
    • Article
      Lock icon Golden Hind replica sinks
      51 30 UPI A REPLICA of Sir Francis Drake's ship, the Golden Hind, sank in 12m of water off the Dover coast during a severe storm. The ship was being towed from Brixton to Dartmouth for restoration for the 400 th anniversary celebration of the armada next year.
      UPI  -  51 words
    • Article
      Lock icon Ocean buys freight forwarding firm
      89 30 Reuter OCEAN TRANSPORT and Trading PLC said it had bought G M Patry Ltd, a leading Canadian freight forwarder and customs broker, for Cs6 million. Ocean Transport and Trading said Patry's forwarding operations will be integrated into Ocean s MSAS Cargo International but the Patry
      Reuter  -  89 words
  • Page 19 Advertisements
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      812 19 Society Awlab'; *1 all Good Bookshops Published by Cambridge University Press. UK STP Distributors 7#meS Pui>h%h*>q Croup V Ttroouct «H OOCL Orient OVERSEAS Conform LINE ww iTTcHNE SHIRTING AGENCIES (R«. Na. 142*4/ 00K> 200 Cantonmant toad #12-05 Soutfcpomt, Stnppor* 0201 Ttf 2218U TELEX NO RS 2(179 TENMINAL/CFS Tal *****11 220
      812 words
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      Page 19 Advertisements Column 2
      102 19 mm THE BACKERS of the Sydney Showboat which is being completed at the Siong Huat Shipyard expects to recover the cost of construction in two years. Page II UNITED KINGDOM Transport Secretary Paul Channon called on the International Maritime Organisation (IMO) to lead the way in an urgent programme of
      102 words
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      Page 19 Advertisements Column 3
      710 19 V ll+i<sh,rt hi, TIMES •Or %•»•»*•>* STP Distributors Tmt»» PuMtfang Group SlN u \pOB K «,rH' l H 5X V*"'' j line TRANSIT TIME TO CHARLESTON REDUCED BY 5 DAYS 29 DATS FROM SINGAPORE 34 DAYS FROM PORT KELANG 33 DATS FROM PENANG This week Amur M Closing T.me CY
      710 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      582 20 COMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT Alto accoptinf carjo to all U.K. destinations, Scandinavian (Aartius. Coponhagon, Gothonburj) and othor Europoan Inland points 4 Wost African Ports. EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS
      582 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 20 Advertisements Column 3
      492 20 IHI C SAV Ccrrpjnj SudArrcr.cJr idc Vjpcrcs S > 1 I' V TO/FROM CHILE CARGO FOR PUNTA ARENAS, TALC AMU AWO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Ag*nta Singapore *****00 K. Lumpur *****25/6/8, *****19, Booking *****08 P. Kelang *****18 CHARGEURS REUNIS DIRECT SEMI CONTAINERISED SERVICE TO SPORE LA REUNION
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      905 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd B&OCL^k P&O Containers Limited CONTAIfCRSHIP SERVICE TO UK/CONTINENT: FRANKFURT EXPRESS OSAKA BAY KITANO MARU LARGS JAY HONG KONG EXPRESS CARDIGAN MY KNAVON TOLAGA SAY Also Accepting Cargo For: Haaturg to Aartws Gothonburj, Malmo. Stockholm, Hatwnki. Somterturi *o«»num to AMwd Aimttfitom. o*K>
      905 words
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      Page 21 Advertisements Column 2
      566 21 NOTICE LI FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Notice to Shippers currency Adjustment factor A review of currency values on 4th. sth and 6th November 1987 inclusive has resulted in a radical upward adjustment of the Currency
      566 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      290 22 Hapag-Uoyd l: CONTAINERSHIP SERVICE TO UK/CONTINENT CONV SEMI-CONTAINER SERVICE TO EUROPE CONV SEMI-CONTAINER SERVICE TO MEU EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Cardigan Bay Bonavon Tolaga Bay To* 10 Express Kowloon Bay Frankfurt Enpri Osaka Bay Largs Bay 22/ i Hongkong Eipress 21/1. Cardigan Bay 3/1 Benavon 1/1 Hamburg Eipress
      290 words
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      Page 22 Advertisements Column 2
      1289 22 JK.S.line kpi: If* FULLY CONTAINERISED SERVICE iKfj tmnrtm TO EUROPE VIA SUEZ Mfmbff o( the Ace Consortium 1711 22,11 2911 612 112 13/12 2ft 12 FROM EUROPE VIA SUEZ Member ol the Ace Consortium 1111' 18 •FDRHOTHtR VESSEL SSB 62E PACIFIC PROSPERITY 13E ACD IIE/PACIFIC PROSPERITY 13E KCH 33E KOREAN
      1,289 words
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      Page 22 Advertisements Column 3
      1288 22 M EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSG KLG PUS OSK TTO KSN ever cro*tm u/u I*ll urn 2001 is/12 EVER LIVING/EVER GRAND 1701 2101 a/U 2*U OIU CHS NYC SAL AN* LMV SGP EVER GENIUS SAI Ml 2|U l/U »02 EVE* GREET 3/12 7/12 #12
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      599 23 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE I INDONESIA CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON SEA HAWK I BANGKOK CONTAINER SERVICE VESSEL JENLINK PIYA BHUM SIRI BHUM SEA FORTUNE SEA PEARL MURORAN. HTC HITACHI. NGO NAGOVA
      599 words
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      Page 23 Advertisements Column 2
      277 23 NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS TO: JAPAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL *****66 KL PK S P YEO SHPG TRDC KL '839M4 PK *****01 PENANG TANJONC MARINE SDN BHD TEL *****5 SABAH TRANSPAC KK TEL MM
      277 words
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      Page 23 Advertisements Column 3
      477 23 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FUI AND SOOTH PACIFIC ISLANDS HONGKONG EXPWESS/THEA SVISS JEBSEN SOUTHLAND VOY MS SIN HKG KEE
      477 words
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      Page 23 Advertisements Column 4
      676 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOTB P.T. GESURI LLOYB r.T. SAMUPtRA IROOIKSIA P.T. TMKOM LLOYB EXPRESS SEMI CBNTAINERSNIP SERVICES A VESSEL S PANJANGO7WO LJ BONTANG.I3WB SRIWIJAYA/22W8 OCEAN PRIMA.*** ANTWRP A DAH/R OAM H BUR&BRCMN IVI2 l w v\ vi m VI an an 23/1 011 *a ia
      676 words
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      Page 23 Advertisements Column 5
      430 23 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok "SITTWAY V 33 11/13 Nov lt/ll Nov PAGAN VI2OW 13/16 No* PA-AN VII7W 21/23 Nov Discharging only. £9 BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HMBG IVYBANK V2ON
      430 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1092 24 "K"UnE SHIPPIfID DPITfI flTLflriTlC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK NYC HFX ORIENTAL FRIENDSHIP V 5 Sailed 12 Nov 5 Dec 15 Dec 17 Dec 19 Dec 23 [W BROOKLYN BRIDGE V 5 14 Nov 19 Nov 12 Dec 22 24 Dec •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL
      1,092 words
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      Page 24 Advertisements Column 2
      252 24 Accepting LCL and containerised cargo** Dlract to South Africa HAYAKAWA MARU 4235F VAAL 433F VAAL 3532G NEDLLOYD COLOMBO 4031G Spore Durban P.Elii C.Town 2tAl «fl2 11/12 12/12 12/12 24/12 27/12 21/12 m Jard JARDINE SHIPPING AGENCIES (REG. *****4/ 00K) 200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE 0208 W: *****11 TELEX NO:
      252 words
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      Page 24 Advertisements Column 3
      828 24 £l!ij V/f AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* p KeUnf I Liner Vessd Sport I KMt Frtm Sfflr "ruiyninic" u•» 70tt Oac 29 Dac Z7 Dac AM/Brn CHANDIDAS V 29 71 Dec 5 Jan U Jar 12 Jan AM Bris INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P
      828 words
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      Page 24 Advertisements Column 4
      745 24 GOLDEN LINE tV GUAN GUAN SHIPPING (Pit) LID STRAITS/PERSIAN GULF SERVICE: GOLDCN WONOER Colombo Karachi Dammam GOLDEN BEAR Colombo Karachi Dubai Bahrain CHINA SERVICE A VESSEL Xmgang. Shanghai BAI VUN SHAN Shanghai OAI YUN SHAN Tsngtao siiwM Me?m sums <10 twi Fa*: sjosm LF SERVICE: Spore PKelang Penang S'pore 11/20
      745 words
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      Page 24 Advertisements Column 5
      489 24 PHIU-Oni€NT LIN€S PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -07 12 AFRO ASIA BUHOING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 VLAO VASLYAEV IS/11 K V USHAKOV VIU f-i/' I TORGHUNOI HAIRATAN ■EHHZZ3 PORT N PRINCESS 27/11 TERESPOL. WARSAW. CIERNA PRAHA, ZAHONY. BUDAPEST. SOCOLA BUCHAREST. RUSSE. SOFIA AFRICA SERVICE
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1127 25 NEPTUNE ORIENT LINES LTD ?E, NEPTUNE AGENCIES PTE LTD ft EU/AUST TPA,SEA Terminal CFS BOOKINGS *****53 27*5742 *****22 *****53 27*11* 27*114 27*111 27*141 NEPLINE SON BHD 36M87 INWARD'OUTWARD NEPLINE SDN BHD *****33 WQOItICS 2717M4 NEPLINE SDN BHD i2tt3Vt27HM27f«l/«27K2 NEPLINE SDN BHD 23M40/23M41 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of
      1,127 words
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      Page 25 Advertisements Column 2
      470 25 HEUNG-A SHIPPING Korean Flag Vessels 9f OOMAJM SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON Vessels Name fTI *M. Enterprise 714N 18 No 7 Donam 709N 29/; No S Donam/711N 04 No 9 Donam 708N 06 No 8 Donam 709N 16; M Enterprise'7lsN Calling Penang on 7-1/11 ETO BS
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      Page 25 Advertisements Column 3
      745 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** oiH.Hr KELANG MAI mftMf oiippiiur D q HANDLING SYSTEM CO SON BHD CatH« JAYAPOH PENANG. T* Teta
      745 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      387 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 22b 6868 .30 Lines- FAX *****39 22A89?6 TELEX RS ***** A B SSCMA RS ***** A B SSCAD DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO Accepting cargo tor INDIA Bombay. Cortm. Madras Calcutta **VIA LARNACA Accepting cargo for Lattakia, Piraeus. Thessakxiiki. Izmir, Istanbul.
      387 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      177 26 Regional Weather Yi *r OH ©S Jox/ pr* 1 O* K 8 fi *L, Ar 1 Ss>> i D SS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature c X\ Weather Wind direction with speed in
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      267 27 ScanDutchV TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY TO RED SEA EAST MEDITERRANEAN WEEKLY TO WEST MEDITERRANEAN WEEKLY FROM EUROPE WEEKLY FROM RED SEA-MEDITERRANEAN WEEKLY GENOA llllf l (2) FOS MRS 20/10 27/10 J/11 10/11 17/11 2411 1/12 SO Ledra 907 SO Massilia/917 SO Luzon/927 SO Gallia/937 SO Honshu/547 SO Htspania'9s7 SD
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      Page 27 Advertisements Column 2
      731 27 <t> UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. cn a n rIJ mil Ojjj j j —Jj n nl —i jm. Algerian National Line FAR EAST I MEDITERRANEAN SERVI S PORE LOADING FOR M.V. KSAR EL BOUKHARI 20/11 jeckiah/Aiger/c M.V. BOUIRA Jeddah/Alger'Oran/ Annaba/Tunis Jeddah,Alger fOr an/ Annaba Tunis ALL VESSELS ACCEPTING
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      529 28 si FINK LINER SHIPPING PTE LTI) 70 Shenton Wiy W 07C Mirina House Spore 0707 TEL *****77 6 Lines) Tl X RS ***** FLINCR FAX *****56 |EL'ROPE SERVICE n.i.vj« lEEZEI FAR EAST SERVICE m lII.M 'Hill 'M IH 111 1 QSjUQIjIZH MIDDLE EAST GULF SERVICE 1 5!H wi aoi jwj
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      Page 28 Advertisements Column 2
      442 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to U West Coast. Carribtean.East Canada, HAITI, Port Au Spain, N ST LUCIA. USA East t n. Barbados rrvr AUSTRALIA CONTAINER SERVICE ACCEPTINS CARGO TO AOELAIDE VIA MELBOURNE ANO ALSO FCL TO CUAM ZIM EILAT CONTAINER UNE VESSEL ZM SINGAPORE INSA ETM ALX
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      Page 28 Advertisements Column 3
      629 28 Everett Lines! W?1 COMPANIA PERUANA M DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS' WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang" P. Kelang* Singapore JOHNEVERETT 22/23 Nov MURRAYEVERETT 1/2 D* THOMASEVERETT 11/12 0« "EVERETT OrtIENT LINE"
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      89 29 ahrenkiel liner service CONTAINER S LCL SERVICE TO PORT LOUIS DURBAN WESTBOUND ALS CONFIDENCE ALS STRENGTH ANDROS ISLAND V63W V64W V6SW SIN 18/11 29/11 06/12 PTL 30/11 10/12 20/12 DBN 05/12 15/12 25/12 Accepting Containers for Johannesburg. Malawi and Zimbabwe [ACCEPTING BREAKBULK CONTAINERS FROM RICHARDS BAY, DURBAN PORT LOUIS. EASTBOUND
      89 words
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      Page 29 Advertisements Column 2
      73 29 LUCKY SEAWAY SERVICES PTE LTD Tel *****55 Tli ***** Fax *****77 KK Tel 088 22 1 786/***** Tl« 8U644 S.E.ASIA/CHINA SERVICES PNG PKLANG SGP FOR TONG JIANG 18/11 20/11 Huangpu. Shanghai COLOMBO SERVICE TO/FROM PNG PKLANG SGP COLOMBO MAJ SANDYED Sailed 14/11 PHILIPPINES SERVICE TO/FROM VSL PNG PKLANG SGP MANILA
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      Page 29 Advertisements Column 3
      234 29 NOTICE OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP S NAME We. Pan-United Shipping (Pte) Ltd of 33 Tuas Crescent. Singapore 2263 hereby give notice that in consequence of our purchase of NWCPL NO. 2\ we have applied to the Registrar of Singapore Ships, under section 417 of The Merchant Shipping
      234 words
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      Page 29 Advertisements Column 4
      525 29 THE NATIONAL SHIPPING VESSEL S ABHA FEA 032 S TABUK FEA 027 REGULAR RQ-RQ SERVICE TO USA/CANADA I Singapore! p kelangl baltimorel Norfolk I new orleansl Houston :»\7»ullMI NEW YORK 01 JAN 27 JAN OMIT Alto Accepting FCL Containers for Charleston, Miami. Tampa and US Inland PoinU. Via Baltimore A
      525 words
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      Page 29 Advertisements Column 5
      448 29 PERCH OCEAN UNES (Perfect China Ocean Shipping Lints) CHINA SERVICES Destinations: Etd. S PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFFKI V < HAIKOU, ZHANJIANG JI XINGANG, QINGOAO SAIL NGS SHANGHAI OTHER PORTS CONSOLIDATION SERVICE FROM: SINGAPORC/P.KEIANG PORT LOUIS AUSTRALIA BANGKOK KS/KAO USA linn MARITIME TRANSPORT MANAGEMENT PTE LTD ANCELE
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      311 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines! TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA .MAURITIUS REUNION DIRECT MONTHLY SAILINGS (ML V7S* •Also calls E.L. ft P.E. KK SPORE PK Pt REU 08N CT 20/11 8/12 9/12 22/12 23/12 29/12 9/1 GENERAL AGENTS: HAI SUN
      311 words
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      Page 30 Advertisements Column 2
      497 30 I v UULUIfIUUU LIIIL lILLULMLI UIVIUII (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-COKTAJNER SERVICE TO NORTHBOUND TO UKC IVYBANK V2DN PRO ATLANTIC* VIN TAUSALA SAMOA VIIN MORAYBANK V4N RDM/A DAM HBG HULL (U.K.) 11/12 22/12 27/12 12/1 16/1 16/1 21/1 25/1 6/2 10/2 14/2 •Alio Accepting FCL to Ai*mp/»re«ie«/Feliistoee/Southa«wto«/»elfa«VC«thenburi AfaicA Oct
      497 words
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      Page 30 Advertisements Column 3
      272 30 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S PORE ETA KEELUNC CON-CARRIERS 20/17 11/11 24/11 CON-CARRIERS 21/17 24/11 »/ll CON-CARRIERS 22/17 2/12 1/12 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETO S PORE ETA SYD ETA MELB CON-CARRIERS 2S/S7 21/11 13/12 17/12 CON-CARRIERS 2V«7 24/11 U/12 20/12 Alto accepting
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