The Business Times, 7 December 1987

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, DECEMBER 7, 1987 75 CENTS
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  • 331 1  -  By LEE HAN SHIH Property Correspondent HISTORY REPEATED itself last week when a group of developers, led by Mr Ng Teng Fong's Sino Land, forfeited a HK$l million deposit by giving up the right to purchase an industrial site it secured in a
    331 words
  • 412 1  -  By ANNA TEO LASER MACHINES which are only beginning to find wider applications locally could be made in Singapore if an Australian manufacturer's hunt for a partner proves successful. Queensland-based Laser Dynamics Ltd (LDL), one of the few laser manufacturers in the region,
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  • 569 1  -  A SIGN OF FLEXI-WAGES AND HIGHER PROFITS By FOO CHOY PENG Chief Reporter AFTER TWO YEARS of wage restraint, workers in the manufacturing sector can generally expect to get bigger bonuses this year. Employers contacted by BT say they are likely to hand out fatter
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  • 181 1 Reuter EQUIPMENT worth 20 billion yuan (US$5.4 billion) is gathering dust and imported production lines stand idle, the People's Daily said yesterday in its latest indictment of waste and bad management in China. It said firms blindly bought new equipment, ordering
    Reuter  -  181 words
  • 120 1 AFP WEST GERMAN Economy Minister Martin Bangemann said last Saturday that the third phase of tax cuts planned for 1990 will not be advanced, as many people have suggested to help bolster the economy. He told his Liberal Party in an open letter that
    AFP  -  120 words
  • 521 1  -  By JEFFREY TSANG SIBLING RIVALRY in the Phng family has taken a new turn with the transfer of the Fiat dealership out of the family-owned San Motor Co to Yen San Motor Agencies Pte Ltd, which is owned
    521 words
  • 458 1 Market dubious of recovery Agencies THE WORLD'S financial players will be tuning their computer screens to the currency markets today watching to see if the US dollar can hold on to the small gains it made late last week following a fresh round of interest rate cuts and continued intervention
    Agencies  -  458 words
  • 197 1 Reuter HONGKONG'S major banks have slashed interest rates by up to one-and-a-quarter percentage point to halt speculation that the British colony's currency would be revalued. Banks will chop interest paid on bank deposits of one- to twoweeks to a meagre annual rate of 1/2 per
    Reuter  -  197 words
  • Page 1 Advertisements
    • 360 1 Need a housing loan? WWfoong 737-7977 U|p] Wa\ fcxmg Mortgage Aikl Finance (S> Ltd A »holl\-owned \uhsidur> Hongkongßank kCbynoK Hill MLMII Claymore Plaza Singapore 1W22 EARLIER THIS YEAR. Chloride, the UK batteries group, dropped its auditors of more than 20 years' standing and appointed Arthur Anderson in their place. It
      360 words
    • 265 1 mm THE LEADERS of the 12-notion European Community failed last Saturday night to agree on a major overhaul of the organisation's finances. OVERSEAS, Page 4 CAMBODIA WILL ONLY achieve an end to its bloody nine-year conflict if it maintains 'friendly relations' with Vietnam, Hanoibacked Prime Minister Hun Sen said. OVERSEAS,
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    • 93 1 Sino Land MD faces prospect of an inquiry, Back Page Because of\achiyo's enthusiasm, no other airline can offer you this: a A 43 > r V icj THE JAL PLEDGE As highly trained and dedicated professionals we will confidently do our utmost to make any flight with us as enjoyable
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    • 14 1 Shipping Times comes as a separate section today. Make sure you get your copy.
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  • MANAGEMENT
    • 1451 2 FT EARLIER THIS YEAR Chloride, the UK batteries group, dropped its auditors of more than 20 years' standing, Coopers Lybrand, and appointed Arthur Anderson in their place. It reckons to have saved £100,000 of its annual £400,000 audit fee and got a better service. "I
      FT  -  1,451 words
    • 428 3  -  JrjJuTha column [lUJjiathe(pssmall By BOEY KIT YIN THE PROBLEMS of small- and medium-sized firms in Singapore are now under study by graduates of the National University of Singapore. Mindful that its members may become entrepreneurs one day, the National University
      428 words
    • 1442 3  -  By ANNA TEO IT HAS NOT become a fad yet shirt and tie executives spooning out of little tubs of yoghurt at lunchtime in the business district. But in at least one place the basement of OUB Centre the scene is becoming common. Either
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    • 288 3 A BIENNIAL conference for human resource managers around the world will be inaugurated in Singapore next week. This first international gathering of practitioners and scholars in human resource management is the joint effort of the School of Management, National University of Singapore, and the Department
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  • Page 2 Advertisements
    • 353 2 i the widest possible viewing angles. I 'w' i TO IM w storage each 1 *4 J. I. I H IBM compatibility. Compatibility with IBM PC/XT* gives you extensive software access. id Rechargeable DC operation. For "Real time" computing power anywhere in the world with no loss in efficiency. expandable
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    • 73 2 Coffee at VCC Fountain Cafe. Groom up at Saloon de Yamano. Lunch at l\ing Ix)k Shark's Fin. Grab a novel at Books Kinokuniva. Shop at Daimaru Dept Store and Supermart. Work out at Riverside Fitness Centre. Dine at The New Otani Trader Vic's t T mviiid at your apartment in
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  • Page 3 Advertisements
    • 119 3 i' p i ip m 'U ••'1 i;: P 4 III: «t» V t i v <t |111 fIM Ml« It! ft|r ill i!:' \U lil I i! !?35 Hi kill lli^ I iiillilii 5 ii»i» SUIIM SjiH" «i inn*" i h,. us m »w t -»ii*i i»* i i??*
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  • OVERSEAS
    • 546 4 THE LEADERS of the 12-nation European Community failed last Saturday night to agree on a major overhaul of the organisation s finances to ease its transition to a frontier-free trading bloc by 1992. After two days of lengthy deliberations in a
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    • 294 4 Reuter THE EUROPEAN COMMUNITY has departed from its favourite script for once, it cannot blame a summit failure on Margaret Thatcher. When the Copenhagen gathering collapsed on Saturday evening, unable to agree on how to shore up the EC's crumbling finances, the other leaders
      Reuter  -  294 words
    • 135 4 AFP FORTY-TWO per cent of Japanese want a relaxation of the current restrictions on the employment of foreigners in Japan, the Justice Ministry said in a survey on Saturday. It said 32 per cent of people questioned said the
      AFP  -  135 words
    • 262 4 Reuter SOVIET and American citizens harbour positive feelings towards one another but are wary of the opposing governments, according to a new poll said to be the first taken simultaneously in both countries. The poll was carried out on behalf of newsweek by the
      Reuter  -  262 words
    • 197 4 AP TAIWAN REGISTERED a trade surplus of US$l7.B billion in the first 11 months of this year, up 25 per cent from the same period last year, according to the government. The Directorate General of Budget, Accounting and Statistics, in a report
      AP  -  197 words
    • 185 4 Reuter THE GLOBAL SLUMP in stock market prices and the plummeting US dollar are now taking their toll on the art market and many works are failing to find buyers. European dealers say. While fashionable paintings still command record prices, some 40 per cent of
      Reuter  -  185 words
    • 232 4 AFP ASIAN investment in the Caribbean Basin had been filling the gap left by the shortcomings of US development policies, regional leaders and businessmen said in Miami on Thursday. Leaders of the so-called Caribbean Basin Central America and the Caribbean island countries wrapped up the
      AFP  -  232 words
    • 144 4 Reuter INDUSTRIALISTS from seven Gulf Arab countries were scheduled to meet in Riyadh yesterday to discuss industrial policy and production facilities amid warnings over foreign competition, especially in cement production. The meeting was organised by the Dohabased Gulf Organisation for Industrial Consulting (GOIC). grouping Bahrain,
      Reuter  -  144 words
    • 693 4 AP ISRAEL'S Defence Industry, which became a major exporter in the peat decade, is now laying off its workers instead of making money. Political shifts, domestic budget cuts and increased competition for a shrinking world market have been blamed for layoffs of nearly 10,000 of
      AP  -  693 words
    • 399 4 CAMBOOIA WILL ONLY achieve an end to its bloody nine-year conflict if it maintains "friendly relations" with Vietnam, Hanoibacked Prime Minister Hun Sen has said in Soissons, France. Mr Hun Sen said yesterday after three days of talks with Prince
      399 words
    • 944 4 ARRIVALS Operator Ssrvics Local From nvmbw Hm FT FT73 0IIS IAX/SFO/ANC/ SU N6T/OSA/TPE son Oils LAX/NTT UA UA605 0120 SFO/HKG MAS MH619 0I2S ru AC AC581 0200 •IOC pu PK766 0503 KM/MCK StA S040I 0550 CMS su S041 0610 MAA MAS MH601 0730 KUL SU SQ45 0750
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  • Page 4 Advertisements
    • 56 4 NATIONAL UNIVERSITY OF SINGAPORE Public Lectures on The New UK Securities Markets and Its Legal Regulation by Professor L C B Gower Lee Kuan Yew Distinguished Visitor Today's Topic The Functions of the New Securities Regulatory System Time 600 pm Venue Lecture Theatre 13, Kent Ridge ALL WELCOME ADMISSION FREE
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    • 18 4 MAY ALL \O(JR JOURNEY H< v> BE AS PLEASANT AS HIS SEASON'S GREETINGS FROM ALL AT AIR CANADA
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  • Page 5 Advertisements
    • 133 5 t i I I m* rv >«r M.f ft A You took the challenge. You set your goals and you made a commitment. A commitment to yourself. To hard work. In time, came success. Recognition. The satisfaction of your achievement. Now choose the card that recognises that success. The Standard
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  • MONEY AND EXCHANGES
    • 191 6 Commercial Discount Company MARKET ACTIVITY surged throughout last week as yields of T/Bills and bonds fell in line with lower inter-bank rates. Overnight rates hovered around 1K per cent Treasury bills yield declined about 50 basis points from preceding week's levels. Threemonth bills traded from a high
      Commercial Discount Company  -  191 words
    • 557 6 iilm 1 n i uif pfimf i«naing i iiti w 12 major banks In S'pore m of banks at the do m of buslnon an Friday, Doc 4, as mpplled by ihe Assodati on of Banks in Singapore. BANK PLR Algemene lank 6% AM Irish lank PIC
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    • 249 6 Gold Financial futures Green and Collier Bullion Pte Ltd. THE DOLLAR'S robust recovery, better-than-expec-ted US economic figures and technical selling dampened gold's recent rally to a new high. At New York's Commodity Exchange, spot gold settled last Friday at U*****.90 an ounce, down about US$3 over the previous week's close.
      Green and Collier Bullion Pte Ltd.  -  249 words
    • 1599 6 Union Bank of Switzerland AFP ZURICH: THERE CAN BE little interpretation of the events of the pest week except that the US wes e winner on points. Initially, the doller dropped to an all-time low, forcing concerted and repeated intervention by all of the central banks. The well-orchee-trated
      Union Bank of Switzerland; AFP  -  1,599 words
  • Page 6 Advertisements
    • 203 6 FINALLY, A SHOWROOM AS BEAUTIFULLY DESIGNED AS OUR FURNITURE. For over two score years, we have been intensely discriminating in the selection of our furniture lines for home and office. So much so. that the appeal of our products far exceeds the appeal of their surroundings. That is. our store.
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  • BANKING AND FINANCE
    • 1092 7  -  Business Times today presents the third instalment of its weekly column on insurance. The author is manager of Commercial Union Assurance in Singapore and vice-president of Singapore's General Insurance Association. His views do not necessarily represent those of his company or the
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    • 217 7 ASIAN CURRENCY average deposit rote* for 1 1 ended Dec 4 BIO PRICES High Low US S 7 doyi 6 15/16 6 7/8 monlti 8 1/8 7 15/16 2 months 7 15/16 7 11/16 3 momhs 7 15/16 7 11/16 6 months 7 15/16 7 11/16 9
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    • 32 7 money The range of call rates for the week ended Saturday, Dec 5 i Ronfc fund 2.30 3.45 G«n fund 2.00 3.30 of funds M$ 1,672m Source: Short Daposits (M) Std
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    • 61 7 AFP THE Chicago Board of Trade (CBT) in the US plans to start trading in Japanese government bond futures. Financial sources in Tokyo said last Friday 'he CBT would be the second foreign exchange to list such Japanese bonds, after the London International Financial Futures
      AFP  -  61 words
    • 422 7  -  By PATRICIA M SCHERSCHEL Financial Editor MORE Singapore savers will be earning less interest on their nest eggs Member institutions of the United Overseas Bank Group and their sister company, United Overseas Finance, today dropped the interest rates paid on fixed deposits of varying maturities by
      422 words
  • Page 7 Advertisements
    • 143 7 Georges' speedy lunch in 59 minutes at only* 19.50+ (we'll even time ourselves) Or the clock is yours! Reservations: *****55 Ext 8365 L« BrsMrnr Oorgrs. In Lr Mrridicn 100 Orrkard Road Singapore 0923. Yburs for under $1200 i j The Cosmograph employs new electrostatic digitizing technology and provides ergonomic and
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    • 238 7 PHILIPS PHILIPS PHILIPS Personal Computer a name you can depend oa The Philips P3105. Compatible, reliable, affordable. The Philips' P3105 Personal Computer is the latest example of Philips' commitment to providing its customers with innovative technology at affordable prices. Made in Canada by Philips, the P3105 is the most recent
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  • COMMODITIES
    • 109 8 Bernama ES THE Kuala Lumpur tin market fell one cent to M 517.02 a kg last week from the previous week on a reduced turnover of 210 tonnee from 326 previously. The market was on Vie upturn In the early part of the week ae a strong sterling
      Bernama ES  -  109 words
    • 165 8 Chinese Produce Exchange StMtn noon closing Doc 5 (SS/100 kg) pricos on Coconut oil M FOB 93.00 Otd drum FOB 103.00 Now drum FOB 107.00 Copra Mixed (kx>*«) S3 soMofs Pepper FOB NLW 1210.00 Sara wok whdi FOB fog NLW 1195.00 Sarawak iptdol Mack FOB NLW 870.00 Sarawak
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    • 138 8 Bernama ES THE Malaysian rubber market rose last week with December SMR 20 gaining four cents to 265.50 Malaysian cents a kg from the previous week. The market opened last week on a cautious note, but sentiment picked up following steadier Japanese advices. Buying was supported by the dollar's
      Bernama ES  -  138 words
    • 300 8 London Commodity Exchange Bvyor/Sollor < dosing prtcos on Doc 4 (£/tonr w unioss spodflod). Previous dour ig pricos in poranthosis. CoflH Basis in-stor* London, wlkn option OF London Jan 1239/1240 (1226/1228) High/Low 1247/1220 Mar 1260/1265 (1252/1254) High/Low 1269/1242 C— l--jOICI (1584) Cocoa Dm 1049/1095 (1062/1064) High/Low 1098/1055 Mar
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    • 333 8 Bernama ES CRUDE PALM OIL futures finished higher last week on continued buying support as spot month December rose Ms 29 to MsB77 a tonne on the Kuala Lumpur Commodity Exchange (KLCE). The KLCE, which was line with the physical market, was still influenced by low output of
      Bernama ES  -  333 words
    • 1280 8 AFP COMMODITY TRADING remained in the grip of currency factors last week when sterling hit five-and-a-half-year highs against the dollar, prompting the Bank of England to sanction a half-point cut in British banks' base rates to 8.5 per cent. Sterling-based markets came under heavy pressure,
      AFP  -  1,280 words
  • Page 8 Advertisements
    • 33 8 limited Edition. TP' 'J w If Ri lv' 3*-; w<<* r 4 > f mm x A j£f A rare and fine gift.'EMD exquisitely crafted Hennessy X.O miniatures with a7ocl bottle of HennessyX.O-The Original.
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  • Page 9 Advertisements
    • 491 9 Imperial Celebrates A Decade <f Excellence 04 4 Welcome to the Imperial Celebrations Fun-filled activities await. The Imperial hospitality is one born of tradition. Of warmth and friendliness. 600 well-appointed < mopolitan restaurants over the years 1 rooms. And, in 01 Complementing a decade of excellence is the new Marocco,
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  • Page 10 Advertisements
    • 93 10 ITHAS WEN US IZ7YEARSTO DE9GN A FIVE-P W SUIT Of course it doesn't take us 127 years to make a 5 day suit What we mean is, after 127 years, we naturally know everything about making suits. Which is why we insist on taking 5 whole days to make a
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  • PERSPECTIVE
    • 940 11 Japanese investors are showing keen interest in Vanuatu. FLORENCE CHONG from Sydney reports on the significant contributions made by Tokyu to the South Pacific island nation. In the accompanying article, she writes about Port Vila, the centre of high finance in Vanuatu. BACK IN
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    • 330 11 PORT VILA, the one-street capital of Vanuatu, may appear something of a Sleepy Hollow but it is home to at least 100 international banks hooked into the network of electronic fund transfers. "It is not common but it's not unusual to see a $100
      330 words
    • 470 11 Reuter POT-BELLIED children play naked in the dust of an unpaved road. Women wash dishes in stagnant, reeking water. Pigs root in piles of rubbish. Families live crammed 10 to a room in shacks. People defecate in the open. This is the other side of
      Reuter  -  470 words
  • Page 11 Advertisements
    • 536 11 FORTUNATELY, THE WORLD'S MOST ACCEPTED FORM OF MONEY ISN'T A PIECE OF PAPER. One would have thought tliat in a world where billions of dollars are moved instantly around the globe at a touch of a button, a form of money known to the ancient Chinese would have no place.
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  • THE ARTS
    • 785 12  - Relationships seen through the eyes of Dorrie By TOH HAI LEONG VERY FEW GERMAN FILMS, except perhaps for Fassbinder's Marriage of Maria Braun and Wanders' Paris, Texas, can lay claim to both commercial and critical success. But the redoubtable Doris Dorrie has achieved this rare distinction and gained an enviable
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    • 523 12  -  by SHAUN KOH MENTION Ruggiero Ricci, Yehudi Menuhin, or Aaron Rosand, and the name Tibor Varga would probably come to mind as well. After all, Varga belongs to the same period which produced these great violinists. There were Milstein, Oistrakh, Stern. Heifetz.
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    • 227 12  -  by BHAUN KOH IT WAS a wonderful performance that the Singapore Symphony Orchestra gave with Sergei Stadler last Saturday at the Victoria Concert Hall. The orchestra opened with Verdi's La Forza del Destino Overture, followed by Lalo's Symphonic Espagnole for Violin and Orchestra. a
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    • 706 12  -  By JEFFREY TSANG BIG PLANS are in the pipeline for the Singapore Symphony Orchestra in 1988. To celebrate its ninth birthday. the home-grown orchestra will start the year with a European tour, then move on to a gargantuan concert of Handel's Mossiah at the
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  • Page 12 Advertisements
    • 52 12 RESTAURANT TJutTL una Catch them in their rendition of the brand of smooth... and so danceable. Add sumptuous the ingredients for a perfect evening. music that made the Cathay famous. Satin cuisine and superb wines, and you have all The food is Chinese the mood international 7th Floor Cathay Building
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  • Page 12 Miscellaneous
    • 259 12 City Max/ Note Min rc> A(Moldt 25/1 2 Showers Amsterdom 03/02 Goody Alt*ens 12/07 Cloudy Bahrain 25/19 Cloudy Bangkok 29/20 Fair Borbodos 29/24 Cloudy M>n« 04-06 Cloudy Bein* 22/14 Rain Belgrode 10/01 Clear Berlin 00/-2 Clear Bermuda 23/19 Cloudy Bonn 05/00 Cloudy Brisbane 25/15 Cloudy Brussels 06/01 Clear Buenos Aires
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    • 1312 12 P\S THC Fignn'S OLDGSI PERHP\RS >bo LCOOLD SCTTLe BN Pk^GumeNT. Evening Standard Co Ltd 1942• 1987 IT iSTRue 7SS9 to em mm a 12 PM SBC Text Sample Pogtv Opening and Programme Highlights followed by Dorothy L Sayers Mysteries Gaudy Night (Pt 2). Adam Smith's Money Worid Computer Software. Ml
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  • Page 13 Advertisements
    • 98 13 How to choose a partner Find someone who: Cares as much about your business as you do Will be there in an emergency Understands your business and knows the industry Can help you achieve more than you could alone Offers innovative ideas to help your staff work more efficiendy Looks
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  • SPORTS & LEISURE
    • 449 14 AP lAN WOOSNAM of Wales fired a 4-under-par 68 on Saturday in the winner-take-all Million Dollar Challenge to lead by one stroke after three rounds of competition for the biggeet prize in golf history in Sun City, South Africa. Fulton
      AP  -  449 words
    • 273 14 AP MARK McCUMBER and Debbie Massey fired a 7-under-par 65 on Saturday to take a one-stroke lead after three rounds of the U*****,000 JC Penney Mixed Golf Classic. McCumber and Massey posted seven birdies and no bogeys on the Bardmoor Country Club course en route
      AP  -  273 words
    • 604 15 AP TOP-SEEDED Ivan Lendl beat No 5 Boris Becker 6-4, 6-7 (3-7), 6-3 in the Masters Tennis Championship on Saturday, eliminating Becker from the round-robin tournament and giving No 8 Brad Gilbert the last semi-final berth. Becker, who lost the last two Masters finals to Lendl, needed
      AP  -  604 words
    • 151 15 Reuter GABRIELA SABATINI and Isabel Cueto of West Germany advanced on Saturday to the final of the US$5O,OOO Argentine Open Women's Tennis Championship. Top-seeded Sabatini thrashed fellow Argentine Bettina Fulco 6-0 6-2 in the semi-finals. The second-seeded Cueto made a less convincing passage to
      Reuter  -  151 words
    • 142 15 Reuter LUSTY STROKES by Australia's tail-enders helped the home side build a lead of 105 on Sunday, the third day ot the first Teat against New Zealand. Replying to New Zealand's first innings total of 186, Auatralia was 291 for nine at the break,
      Reuter  -  142 words
    • 574 15  -  By BRIAN MILLER HE'S DAWAN, a good thing boaten in last month's Lion City Cup race, gave his connections plenty to cheer about when he led from go to whoa to win Saturday's $150,000 Coronation Cup in stylish fashion. But while there's no
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    • 517 15 AP LIKE ANY CONTEST employing strategy and tactics, the heady world of America's Cup sailboat racing is full of bluster, feints and gibes, but lately these techniques have been mostly of the rhetorical variety. For example, after the San Diego Yacht Club announced this
      AP  -  517 words
  • Page 14 Advertisements
    • 741 14 'J! H m U m v, r: i What's on the Wagon? Everyday, our wagon presents a different cut of ~o jneat for your enjoyment. Together with your border comes a glass of wine and your choice of .n. salad from the Salad Bar. WAGON MENU .Mondays Roast Leg of
      741 words
    • 303 14 03 The finest Beijing cuisine from Pine Court, with complimentary Hennessy Cognac MENU I includes steamed live sea-fish, stuffed black mushroom and Peking Duck. Price: $688* nett per table. Complimentary bottle of Hennessy XO. MENUD includes braised shark's fin with chicken sauce, braised abalone with green vegetables and sweet sour
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  • Page 15 Advertisements
    • 206 15 m V) Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking Am Century Park Sheraton Singapore 16 Nossm
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    • 244 15 PALM i GRILL An elegant and intimate ambience. With exceptional French and Continental cuisine. And the very finest wines from our exclusive cellars. BUSINESSMEN'S SET LUNCH $32++ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations, call 338 8585. ext. ***** or 330 8310. The Westin Plaza
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  • Page 15 Miscellaneous
    • 694 15 CRYPTIC PUZZLE ACROSS 1 Could disperse in the sky (5) 6 American gentlemen don't get it (5) 9 A dream I shattered somewhere (7) 10 Explosive flower? (5) 11 A once different water (5) 12 Man-sized box? (5) 13 Such a name as Brian could make (7) 15 Seat of
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  • MARKET REVIEWS
    • 5389 16  -  r i Singapore P By CORRINA LIM THE BEARS were in full control last week, causing the stock market's leading index to plummet to record levels for the year. By the end of the week, the Straits Times Industrial Index had lost 79.87 points
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    • 871 16 St Wl J New York y FT THE MARKET for US stocks has taken on the habits of the bear. In the past six trading sessions, the market as measured by the Dow Jones Industrial Average had fallen nearly 10
      FT  -  871 words
    • 475 16  -  compiled by JULIANA TAY Week ended Dec 4 CORPORATE DEVELOPMENTS The proposed link-up between Sesdoq and its US counterpart. Nasdoq, will be pushed bade to the first quarter of next year Amalgamated Steel Mills Bhd (ASM) has varied the terms of its proposed takeover of
      475 words
    • 1497 17 Hongkong J DBS Securities HK THE MARKET had a week of slump with the Hang Seng Index coming down a total of 200 points on lacklustre trading and average daily turnover further contracting to below the HK$6OO million level on Wednesday and
      DBS Securities HK  -  1,497 words
    • 397 17 AFP SHARE PRICES declined on the Tokyo Stock Exchange last week in erratic trading affected by the fall of the US dollar. Share prices had climbed the two previous weeks. The 225-issue Nikkei Stock Average, a 346.67-yen gainer the week before, suffered
      AFP  -  397 words
    • 606 17 LAST FULL YEAR Company Period Dote Year Net EPS Gross Net announced ending (cents) dfc profit lost year ($•000) Minebeo Interim Jul 21 Sep 87 169 230 2.907(g) Imatex Final Jul 28 Mar 87 60 3.249 Raleigh Finol Aug 18 Jan 87 4 1 7.5 2.951 Tokyu Land
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    • 326 17 K.Lumpur Ĕ j NST DESPONDENCY continued to prevail at the Kuala Lumpur Stock Market last week as share prices weakened under further selling to close easier for the eighth consecutive week. The slide in share prices which began one week before the Oct 19
      NST  -  326 words
    • 124 17 AFP THE FALL of the dollar, which reached its lowest level against the deutschemark last Monday, weighed heavily on the West German stock market last week, following a shortlived recovery. The 0.50 per cent cut in the Bundesbank discount rate to 2.50 per
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    • 235 17 AFP THE AUSTRALIAN sharemarket had a nervous week of trading with concern caused by uncertain foreign markets. Brokers said investors were nervous and sentiment was bearish with eyes trained on Wall Street and a falling Tokyo market. Hardest hit were entrepreneurial
      AFP  -  235 words
    • 984 17  -  Emml London L-i J From RAY HEATH WITH NO LOCAL SUPPORT to give it any direction of its own, the London stock market was driven by the economic jetstreams from around the world last week. Theee blew hardest and coldest on
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    • 166 17  -  From SHIRISH NADKARNI A SCENE that has become all too familiar in recent weeks was re-enacted at the Bombay Stock Exchange (BSE) last week. Institutional buying in the opening session on Monday managed to lift the index by a marginal amount, only to have it
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  • Page 17 Advertisements
    • 335 17 miStep® AYER HITAM TIN DREDGING MALAYSIA BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Ming 111 IV, Ist Floor, Ming Court Hotel, Jalan Ampang, ***** Kuala Lumpur on 22nd December, 1987, at 10.30
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  • COMPANY NEWS
    • 790 18 Bid to give investors a better feel for their portfolios MBT THIRTY-SEVEN counters on the Kuala Lumpur Stock Exchange have high "betas" and are considered "high risk" stocks. Beta is the measure of the sensitivity of an individual stock, within the context
      MBT  -  790 words
    • 305 18 Reuter JADEMAN (HOLDINGS) Ltd. a Hongkong-listed comic book publisher, has revealed that it lost HK$lO5 million from the steep slide in stock prices in October. It also said in a statement it would set another HK$lO4 million provision for the fall in value of its
      Reuter  -  305 words
    • 494 18 Bernama ES KAMUNTING TIN Dredging (M) Bhd expects its group pre-tax profit and extraordinary items for the year ending March 31, 1988, to rise to M 52.5 million after the proposed acquisition of Seri Angkasa Sdn Bhd compared with $690,000 before the takeover. Kamunting
      Bernama ES  -  494 words
    • 497 18 W2sm SfiIOSCU» By HOCK LOCK SIEW ATTEMPT A DEAL or a series of deals such as Bonvests Holdings Ltd was proposing in a sudden bear market and you'll get a first class illustration of rampant conflict of interests. Although the timing of Bonvests' proposed
      By HOCK LOCK SIEW  -  497 words
    • 479 18 TAI SING REALTY Co (Re) Ltd, which sold out its controlling stake in the Industrial and Commercial Bank to the United Overseas Bank last September, has decided to close down six of its subsidiaries. Four of them TSA Private Ltd, TSD Private
      479 words
    • 146 18 Bernama ES HEXZA CORP Bhd expects to raise Ms3o million from the revised price> of its rights and special issues. The company said yesterday the rights and special issues of 80 cents per share has now been revised to 65 cents. Last
      Bernama ES  -  146 words
    • 226 18 Talam wins CIC approval TALAM Corporation Bhd has obtained approval from the Capital Issues Committee (CIC) for its proposed purchase of Taat Seng Estate and an office space, but at revised prices. The estate will be bought for M$4 million instead of $12.8 million previously and the purchase
      226 words
    • 500 18 AFP THE MOST powerful investor in the City of London is a foreign financial institution, the Kuwait Investment Office (KIO). which was recently in the spotlight due to its acquisition of a 10.06-per cent holding in Britain's biggest company, BP. British Petroleum announced
      AFP  -  500 words
  • Page 18 Advertisements
    • 102 18 This announcement appears as a matter of record only Tan Chong Motor Holdings Berhad Malaysian Ringgtt 60,000,000 Syndicated Term Loan Facility Co-Arrangers Chemical Bank, Singapore Branch Kwong Yik Bank Berhad Tranche A Provided By Kwong Yik Bank Berhad Malayan Banking Berhad Tranche B Bu nuVKieQ Dy Malayan Banking Berhad Public
      102 words
    • 149 18 APPOINTMENT EXECUTIVE SECRETARY TOP SALARY FOR TOP LADY We are a leading fashion group and are looking for a high calibre secretary to provide top secretarial service to the Resident Director The appointee will serve a demanding female boss who is very well organised and efficient and expects her secretary
      149 words

  • WORLD MARKETS
    • 1057 19 New York Reuter STOCK PRICES ended modestly lower last Friday, snapping back from a sharp afternoon decline that sent the blue chip average flirting with the lows touched on Oct 19. Strong employment figures and a mostly higher dollar tempered the selling, analysts said. The
      Reuter  -  1,057 words
    • 987 19 London Reuter AFP EQUITIES SEE-SAWED on the London Stock Exchange last Friday, before reducing their losses in the last hour of trading, as the dollar rebounded at the end of the day. The Financial Times industrial share index ended 0.9 point down at 1.262.7,
      Reuter; AFP  -  987 words
    • 624 19 Reuter AMERICAN SECURITIES industry officials predict a rough road for the stock market in the near term and an uncertain outlook for the US economy. The officials, gathered at the Securities Industry Association annual convention, were gloomy about short term prospects for the
      Reuter  -  624 words
    • 210 19 Reuter PRUDENTIAL BACHE Securities Inc is slowing its pace ot expansion, president James Barton told Reuter. Mr Barton said that in 1986 Pru-Bache embarked on a threeyear US$l4O million programme to build an investment bank by hiring talented people. "We may be delayed," he said. "We
      Reuter  -  210 words
    • 1431 19 Amsterdam DEC 04 FLS 1ABN 36 00 •1 5 51 80 -19 Ahold 60 00 -15 84 00 -2.3 141 SO 03 AMEV 33 20 -09 S6 00 -12 Ass Stad 92 50 -3 Berkal BOLS 94 50 -2 5 Buehrman Tetter ode 38 20 -18 Calve 36 20 -08
      1,431 words
    • 386 19 FT j SCANDINAVIAN AIRLINES (SAS) has offered to reduce i its planned voting stake in the British Caledonian (BCal) group to less than 25 per cent in an effort to convince the Civil Aviation Authority (CAA) that the
      FT  -  386 words
  • Page 19 Advertisements
    • 695 19 NOTICES THE COMPANIES ACT. CHAPTER 50 SECTION 293 (2Mb) NOTICE OF RESOLUTION FAB-WALL TRADING (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of FAB-WALL TRADING IS) PTE LTD held on the 28th day of November 1987, the following special resolutions were duly passed: RESOLVED: 1) That
      695 words
    • 531 19 IN THE MATTER OF THE COMPANIES ACT. CAP. SO MERLE FORM PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of MERLE FORM PTE LTD duly convened and held at 29 Jalan Belangkas, Singapore 1336 on 2nd December 1967, the following Special Resolutions were duly passed:
      531 words
    • 595 19 TRIVERTECH PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at Blk 7 King George's Avenue #01-130, Singapore 0620 on 4 December 1987 the following Special Resolutions were duly passed 1. That the company be wound up voluntarily pursuant
      595 words

  • 542 20  -  By LEE HAN SHIH SINGAPORE BUSINESSMAN Mr Robert Ng, who reportedly stands to lose in excess of HK$l billion in the Hongkong futures market, may soon face an inquiry into whether he has the means to pay up his
    542 words
  • 346 20 Christmas business ventures some food for thought Business IT'S the season to be merry... eating, that is. Singapore Business acknowledges that Singaporeans love eating, whatever the occasion or excuse. So for its December issue, the magazine dug into the eating habits of Singaporeans during Christmas, dishing up a piece on
    346 words
  • 234 20 WITH UPGRADING and more support, the Kwong Wai Shiu Hospital could consider developing into a centre for the elderly and the chronic sick, suggested Dr Richard Hu yesterday. The Finance Minister was the guest-of-honour at the hospital's 77th anniversary celebration. Urging institutions to recognise their
    234 words
  • 279 20  -  By BRIAN GOMEZ A SINGAPORE Airlines (SIA) flight was forced to return to Singapore yesterday, almost half way through its journey to Manila following a mysterious incident. Flight SQB2 experienced a sudden shudder about an hour after takeoff, causing steady vibrations in the
    279 words
  • 143 20 Reuter A HONGKONG and Shanghai Banking Corp unit. Hongkong Bank of Canada, said in Vancouver during the weekend that it plans to purchase a Midland Bank PLC unit Midland Bank of Canada. The bank, in British Columbia. which said the purchase is
    Reuter  -  143 words
  • 393 20 RISING AFFLUENCE appears to have affected some older constituencies in negative ways, observed the Minister for Community Development and Second Minister for Foreign Affairs, Mr Wong Kan Seng. At the end of a walkabout of Queenstown and Leng Kee constituencies yesterday. Mr
    393 words
  • 129 20 AFP VIETNAM has devalued its currency by 78 per cent against the US dollar, increasing the official dollar rate from 80 dong to 368 dong. Bank officials in Hanoi said yesterday that the devaluation went into effect last Tuesday, along with a package of foreign
    AFP  -  129 words
  • LATE FILE
    • 29 20 Reuter CHINA does not expect much to come out ot this week's summit meeting between President Ronald Reagan and Soviet leader Mikhail Gorbachev. Reuter
      Reuter  -  29 words
    • 37 20 AFP THE SOVIET UNION puts more than US$2 billion a year into research along the lines of the US Strategic Defense Initiative (SDI) known as Star Wars, The Sunday Times reported. AFP
      AFP  -  37 words
    • 26 20 Reuter FRANCE paid a US$5 million ransom for two French hostages released from Lebanon last month, Britain's Observer newspaper said yesterday.
      Reuter  -  26 words
    • 45 20 Reuter IRANIAN gunboats attacked two tankers in the Southern Gulf yesterday, killing at least one crewman and setting one ship ablaze. The Singapore-flag tanker Norman Atlantic was said to be burning fiercely after being hit. There was no word on casualties. Reuter
      Reuter  -  45 words
    • 35 20 UPI SUPPORTERS of South Korean opposition presidential candidate Kim Young-Sam hurled stones and eggs at candidate Kim Dae Jung yesterday during a speech calling for an end to violent clashes. UPI
      UPI  -  35 words
  • Page 20 Advertisements
    • 390 20 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Papua New Guinea's biggest grocery wholesaler to make Singapore its base. 2. Should Singapore Land go ahead with the Gateway project? asks Hock Lock Siew. 3. Unexpected
      390 words
    • 218 20 The automatic chronograph Da Vinci from IWC with perpetual calendar and moon phase indicator. It is a beautiful proof that the future does not belong to the computer only. That the future belongs to the automatic chronograph Da Vinci from IWC is because of its remarkable mechanical watch movement with
      218 words

  • SHIPPING TIMES
    • 584 21  -  By G DURAIRAJ THE APPARENT lack of forward planning by hauliers in Malaysia to expand their capacities has raised the concern of many in the shipping industry. Shipping sources say the haulage industry is quickly reaching peak capacity because of the high container
      584 words
    • 157 21 Seatrade Week HONGKONG-BASED shipmanager Mercury Shipping has attributed a "mood of cautious optimism" in the shipping industry to its decision to form a broking subsidiary. The company says that the chartering side of its management business has been expanding for some
      Seatrade Week  -  157 words
    • 275 21  -  From Kingsley Wood IN AN ECHO of the Costigan Royal Commission into the activities of the Ship Painters and Dockers' Union, Australia's National Crime Authority is to investigate an alleged criminal organisation operating through the ports of Brisbane. Sydney and Melbourne. Murder,
      275 words
    • PORTSIDES
      • 80 21 FOLLOWING a review of existing procedures, the Port of Singapore Authority said that from Dec 12 the police internal checkpoint at Marina Wharves will be dispensed with. Port users at the wharves hence will undergo one check instead of two. The authority hopes this will
        80 words
      • 43 21 Reuter BRAZILIAN port workers accepted an overall 45.7 per cent wage increase offered by the government and called off their indefinite national strike, due to start last Friday, the head of the National Port Workers Federation said. Reuter
        Reuter  -  43 words
    • 312 22  -  From KINGSLEY WOOD CONSOLIDATED Cargo Services' container depot in Sydney is to be closed with the loss of 86 jobs because of refusal by Waterside Workers' Federation members to abandon inefficient work practices. Consolidated, a near-port depot operated by the P O Australia
      312 words
    • 1209 22 FURTHER improvement was made on the London shipping freights market on Thursday in the rate paid tor grain from the US Gulf to Japan Two charterers paid the firmer rate of US$l9 (fio) for 52.000 tons of grain from the US Gulf to Japan for early December loading.
      1,209 words
    • 973 22 AB Shpg V s ABC Container VNI 1 Accord Shpg VI 3 Ahrenkiel liner XI 3 Africa Ocean XII 2 Afttrans VII 3 AC Toepfer XI s American Tpt XN 4/5 Anro Service IV VI Arrow lines IX 5 Ajjoo Ocean VI 1 Aflos line X 5
      973 words
    • 312 23 Reuter WORLDWIDE tanker chartering in November to cover spot crude oil movements totalled 39 39 million long tons, down sharply from the 47.11 million long tons recorded in October, London shipbroker Howard Houlder said. However, the average worldscale rate was 76.33 compared with WS 67.25
      Reuter  -  312 words
    • 242 23 Reuter OIL TANKERS were chartered to cover spot oil product movements amounting to 6.98 million long tons during November, little changed from October's total of 6.96 million tons. London shipbroker Howard Houlder said. The average worldscale rate paid for worldwide products chartering was 161.06
      Reuter  -  242 words
    • 83 23 Reuter THE UNITED STATES Army Corps of Engineers said it plans to continue operation of its Sault Saint Marie, Michigan, canal and locks through Jan 8 to facilitate continued shipping through the Great Lakes to the St Lawrence Seaway. The Army Corps
      Reuter  -  83 words
    • 9235 28 3®aBE)gEB 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
      9,235 words
    • 1305 29 AT CONVENTIONAL WHARVES Vish Siddhi P3E 07 12/0700 09 12/0600 Berth Arrival JURONG PORT Vttitl KEPPEL WHARVES Departure Eastern Island J7 alongside 07 12/2300 Niogo 42 J8/9 alongside 06 12/2300 Apfil Gl K28 alongside 07 12/0600 Brostogi JI0 07 12/1200 08 12/0600 Boron Star K34 alongside 09
      1,305 words
    • 2011 30 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 Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President
      2,011 words
    • 662 32 OIL TANKER/COMBINATION carrier tonnage sold for scrap in November fell to 562.770 long dwt (nine vessels) from 1.22 million dwt (15 vessels) the previous month. London shipbroker Howard Houlder said. The latest sales brought the tanker/combo total so far this year to 8.02 million long dwt (107 vessels),
      662 words
    • 330 32 DANISH shipowner A P Moller is poised to sign a contract which could lead to four gas carriers being built by a West German shipyard. A report in Lloyd's List said the four ships of 11,650 cubic metres would be constructed
      330 words
  • Page 21 Advertisements
    • 779 21 ■> v >' TIMES STP Distributors r«m nMtfwif Group WW/ ORIENT Overseas CotUdtm LINE North america atlantic express (ROund thf world routing 1 JARtMNL SNIPfINC AGENCIES (Reg No. *****/ 00K 200 CantoMiwit Road #12-05 Soumpomt Sinjapora (808 Td 22U011 TELEX NO RS 2(179 TEMINAL/CfS Td *****11 220 BOOKINBS TO *****34
      779 words
    • 115 21 [KMDB CONSOLIDATED Cargo Services' container depot in Sydney is to be closed with the loss of 86 jobs because of refusal by Waterside Workers' Federation members to abandon inefficient work practices. P«g« II WORLDWIDE tanker chartering in November to cover spot crude oil movements totalled 39.39 million long tons, down
      115 words
    • 624 21 times STP Distributors GAP« rE SlN 1 siHi v; Vi v MAERSK LINE FASTEST TO PORTUGAL SINGAPORE/ LISBON 19 DAYS eeder from Port Malaysia Keiang To Europe— UK Scandinavia Finland HP ETh« week Anders M 8716 CY— 9/12 2300 MRS CFS— 9/12 1300 HRS ANDERSM AXEL M LUNA M ANNA
      624 words

  • Page 22 Advertisements
    • 813 22 NOTICE ilJ.Vil?; ila; H IbhiLl a 3 rraTTh SABAH, BRUNEI ANB SARAWAK FREIGHT CONFERENCE FAR EAST/GULF GF ADEN ANB REB SEA PORTS CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed
      813 words
    • 96 22 Lines and services represented by -Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. <3 CSAV Carrpant.i Sud American, Ido Vjpcrcs S A. Y.i J :< >-yi TO/FROM CHILE FEEDER VESSEL I S POKE I MOTHER VESSEL HK ARICA IQQ ANTOf VAIP SAI CSAV 1 «ft 2
      96 words
    • 461 22 Mitsui O.S.K. Lines opens more doors to North America. Vancouver Seattle Portland Oakland Los Angeles New York Norfolk Savannah Mitsui O S.K Lines' Alligator container service now gives Asian shippers fixed day access to more North American ports than ever Every 10 days to the East Coast and every 7
      461 words

  • Page 23 Advertisements
    • 1007 23 p The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Sinaaoore to Sibah Sarawak. Brunei Ports and Bangkok raocL^ P&O Containers Limited jomvutiii fiKi ;n; a;i<J TOLASA MY TOKK) umss MMIOON MT nUMKFURT unless OSAKA BAT Cm Of EDINSUKH LARGS MT MOM KON6 EXPRESS Abo Accepting Cargo For:
      1,007 words
    • 653 23 How N YK's proprietary vanning system saves Manager Pat Woodard time and money. A NYK offers a unique service that normally reduces shipping costs by 5% and vanning time by 50%. In-house developed software accurately simulates various cargo positionings in the container size of your choice. Wasted space is virtually
      653 words

  • Page 24 Advertisements
    • 260 24 m CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Uoyd CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT mm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORW CONSOLIDATION SERVICE WEEKLY FROM PT. KELAN9 sTiTT^uTnT Accepting FCL and LCL Singapore: BIRKART S E A. Tel *****11
      260 words
    • 703 24 kpl: *JuM« A MCSljne fit Hill* CON!AINfRISED 10 IROM NORTH AWRICA AfSJ COAS! CONVENTIONAL SERVICE TO PERSIAN GULF GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M Linos) FAX NO: ******9 SUB AGENTS. KUALA LUMPUR TEL: ***** M/ PENANO TEL: (11 MS SIN HUA 11/12 19/12 HONGKONG. HUANGPU SIN
      703 words
    • 345 24 T/a FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: sah 12/12 25/12 EURO-AFRICA LINE FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA, MELILLA, 2 TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U-S.A. ifivnb«oi| kMK 2 KIETA, MADANG 6 KIMBE NEW CALEDONIA FIJI ISLAND! NOUMEA 23/1
      345 words
    • 770 24 »M m ■111 1 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) TO SERVE YOU BETTER WE HAVE INCREASED OUR SAILING FREQUENCY FROM SINGAPORE TO THE U.S. EAST COAST TO 2 SAILINGS A WEEK AND WITH FASTER TRANSIT TIMES WE NOW MAKE IT TO:NEW YORK CHARLESTON BALTIMORE NORFOLK IN 35
      770 words

  • Page 25 Advertisements
    • 775 25 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VOY SIN JKT SBY VOY SIN pgo hkq kao kee mtc yok moo kob bus 03M 11/12 13/12 IS/12 04MB 20/12 20/12 28/12 27/12 20/12 OMIT WBT OMHT JWiJ ISM 22/12 25/12
      775 words
    • 504 25 BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FUI AND SOUTH PACIFIC ISLANDS SIN NOUMEA AKL TA NAP TIM BLUFF 8/12 30,12 3/1 C/l 8/1 U/1 14/1 ACCEPT INC CARGO LCI From 4/12 1200 NOON TO 7/12 1500 MRS AT FS 5 FCI From 4/12
      504 words
    • 433 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD M. 6ESURI LLOYD P.T. SAttSOERA INDONESIA P.T. TRIKORA LLOYI EXPRESS SEIRI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE AMTWERI spore silbao abmm »w 11/12-2/1 2/2 W 4/2 7/2 ANTWERP ADAOO/RDAN M'BUKWMOBU 2M 27(1 lit 11/2 7/2 I*2 Mtundrta. Oswos. TtMa. ALSO ACCEPT INC
      433 words
    • 323 25 BOUSTEAD SHIPPING AGENCIES pa-an vnwr PAGAN VIZIW PAGAN VI22W LOI KAN VI2I BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon 'pore P.Kelang Penang Bangkok \S} BANK LINE \i EXPRESS SEMI-CONTAINER I NORTHBOUND TO UKC PRO-ATLANTICA VIN (CALLING LEIXOES 8/1) TAUSALA SAMOA VIIN MORAYBANK V4N CLYDEBANK V22N FORTHBANK
      323 words

  • Page 26 Advertisements
    • 1160 26 "K"LinE SHIPPinG-dfYTfl BKb flTLflriTlC COAST (Round-The-World Service) •PK/PHG SPORE LB CMLS NFK NYC ORIENTAL FAIR V 6 Sid 10 Dec 2 Jan 12 Jan 14 Jan 16 Jan RAINBOW BRIDGE VlO 12 Dec 17 Dec 9 Jan 19 Jan 21 Jan 23 Jan •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG
      1,160 words
    • 777 26 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* SCHWABENLAND V 3 B INDIAN COURIER V KN TMEODOR FONTANE V IJN LOTTE SCHEEL V.21 S O TRIPURA V OH INDIAN COURIER V 27N THEOOOR FONTANE V.I4N Smpport P Kelanj Pwunj Hottitr ¥j| By Etadtr By Eetdtr IDtc I Dae Maldi a/Calcutta 110k
      777 words
    • 715 26 GOLDEN LINE GUMI GUAN SHIPPING (Pit) LTD B, Ttlok Aytr Street "4 SINGAPORE 0104 Tit SMMI (II LINES) Fa» SOSM STRAITS/PERSIAN GULF SERVICE: Spore PKelant Penanf OOLMN BEAR Colombo/Karachi'Dubai Dommarr 15/16 Dae QOiOCN HARVEST Colombo/Karachi/Dubai 1/10 Jan CHINA SERVICE A VESSEL Xinanc. Shanghai BAI TUN SHAN Shanghai DAI TUN SHAH
      715 words
    • 522 26 Q EAST/FAR EAST 1102. Wli 22/12, 2702 1102. 1702 liLi iliui! PHILI Oni€NT UN€5 PTC LTD HEAD OFFICE 63 ROBINSON ROAD *07-12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FA* *****76 tttt HiUii DCSTMATIOR DUBAI DAM MAN KUWAIT. DOHA. MUSCAT. BAHRAIN. ABU DHABI I SHAAJAH. JEDDAH MODE 10
      522 words

  • Page 27 Advertisements
    • 965 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Terminal CfS BOOKINGS 27«753 27C7C *****22 *****53 *****9 *****14 *****11 27«l«l NEPLINE SON. BHD. NH INMARD/OUTMAM NEPLINE SON. BHD. *****3 ENQUIRIES mm» NEPLINE SON. BHD. uaamijmmimiiujw NEPLINE SON. BHD. 2M040/2M041 FAR EAST/EUROPE FVUY CMjTMNEjUSfO SERVICE A mtmbtr of tho
      965 words
    • 473 27 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN INCHON VMMt't Nam* No Donam/70)N E'Pri»e/715N No Donam/712N No t Donam/7DW No 7 Dontm,7o9ft No I Donam/TION Gloria/721N ETC BS BKK 17/11 2901 am mu 07IV 11/12 13/12 2S/12 »IU 31/12 23/12 MOT 31/12 OMI PWUNC
      473 words
    • 630 27 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 ***** f. KELANG RMM mm HANDLING SYSTEM CO SON MD MESSRS HAI TNOM6 SNIPPING 127 PwwwStrwt, Ponon* Matayaa
      630 words
    • 22 27 ft 4 <] MADJU SENDIRIAN BERHAD 20-12 Tonq Enq Bui'dinq Singapore 0106 Tel ?2 t >E7B~ 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY
      22 words

  • Page 28 Advertisements
    • 281 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 <30 Lines' FAX *****39 *****76 TELEX RS ***** A B SSCVA RS ***** A B SSCAD VE.B DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE ~IA COLOMBO; Accept** carp) for INDIA Bombay, Cochin, Madras Calcutta •"VIA LARNACA Accepting cargo for Lattakia. Piraeus, Thessatomki,
      281 words
  • Page 28 Miscellaneous
    • 174 28 a Regional Weather r A 4 t 1 m St 'A A > cK' c 32 <&* !Jj£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND if Wind direction with speed in knots Wove height One halt fleche represents 5 knots R Thunderstorm Temperature c XX s^
      174 words

  • Page 29 Advertisements
    • 600 29 SCHENKER (PTE) LTD WEEKLY LCL/FCL CONSOL. SERVICES TO VANCOUVER, TORONTO, MONTREAL (CANADA) S PORE VANCOUVER TORONTO MONTREAL ENKER I 14/12 11/11U M/l/» IW* ENKER II Z3/12 18/1/88 WV* 22/1/H ENKER 111 2J/12 2S/1/88 28/1/88 29(1/88 ENKER IV t/1 1/2/88 4/2/W 5/2/88 ENKER V 13/1 1/2/H 11/2/» 12/2/18 510 THOMSON ROAD
      600 words
    • 279 29 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE IMQ! S T ATf HT(P"ISf <0« WARITIMf T»A«S'C-' MV BASRAH mv Baghdad EAST BOUND SERVICE ETA SPORE LOADING FOR ISA JAPAN WEST BOUND SERVICE ETA S PORE LOADING FOR XVI 2 i«dd»h Aojbi aW MMi. Aaaba. THROUGH B/U to BAGHDAD UPON REQUEST
      279 words

  • Page 30 Advertisements
    • 630 30 FINK UNKR Sill I*l*l N<i I*TK LTD 70 Snentnn W 0?C Wirini House S pofe Tfi *****77 l ines) TLX RS .VMI FIINFR FAX KUROPKSKRYICK FAR EAST SERVICE ETmM LLIM ■02 21/12 12 *1 «i Hri nv atu w m im m MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES TATSUMI
      630 words
    • 288 30 ZIM FULL CONTAINER SERVICE accepting FCULCL cargoes to USA East i West Coast. Carribbean.East Canada. HAITI. ISZIIISnniIMIMZDBZMIiZMinW AUSTRALIA ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE AND ALSO FCL TO GUAM =r ZIM EILAT CONTAINER UNE Parti Alm LCL/fCI to all •m GOLD STAR LINE GOLD A USA Ab«djan/Apapa/Lagos/Cotonou Port Harcourt/Douaia/Tmu/Monrovia/Lome ..16/12
      288 words
    • 604 30 Everett Lines/ I TO& COMPANIA PERUANA X DC 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. MmC Singapore THOMASEVERETT 13/14 OK HUGHEVERETT 23/24 Dec MANOLOEVERETT 14/15 JAN "EVERETT ORIENT
      604 words

  • Page 31 Advertisements
    • 371 31 ahrenkiel liner service CONTAINER A LCL SERVICE TO PORT LOUIS DURBAN ■■BIIiiLLLbLJi SM PTL DSN ARITA V6SW 08/12 20/12 25/12 ALS RELIANCE V66W 18/12 30/12 05/01 ALS ENDEAVOUR V67W 28/12 09/01 14/01 Accepting Containers for Johannesburg. Malawi and Zimbabwe also accepting LCL to Port Louis and Durban OSHEUCniACCEPTIHQ BREAK BULK
      371 words
    • 641 31 i; i* \i **_tl OF SAUDI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST Accepting Break bulk Ro/Ro, Containers t FCL Containers for Sharjah. Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA SINGAPORE P KELANG BALTIMORE NORFOLK NEW ORLEANS HOUSTON 05 FEB 09 FEB 11 FEB 12 JAN It FEB 17
      641 words
    • 361 31 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFFKI Y HAIKOU, ZHANJIANG XINGANG, QINGDAO SAILINGS SHANGHAI 4 OTHER PORTS lto mm CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOUIS AUSTRALIA COLOMBO HONGKONG BANGKOK KS/KAO USA in 11 MARITIME TRANSPORT MANAGEMENT
      361 words

  • Page 32 Advertisements
    • 354 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** t 1 \MIK\( K I I\ I K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN t CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE
      354 words
    • 491 32 To COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEJ»-CONTA»€R SERVICE TO NORTHBOUND TO UKC PRO ATLANTICA VIN TAUSALA SAMOA VUN MORAYBANK V4N CLYDEBANK V22N Calling Leixoes 'Alio Acuptinf FCL to Antww RDN/A'DAM HBG HULL (U.K.) ivi m a/1 27/1 2/2 6; 2 10/2 14,'2 17/2 21/2 25/2
      491 words
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