The Business Times, 3 October 1988

Microfilm: NL16262
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, OCTOBER 3, 1988 75 CENTS
    11 words
  • Article, Illustration
    Lock icon Musa Hitam quits government bench
    395 1 AFP FORMER MALAYSIAN deputy premier Datuk Musa Hitam yesterday announced he was quitting the government benches in Malaysia's Parliament in. what analysts said was a final break with Prime Minister Datuk Seri Dr Mahathir Mohamad. Datuk Musa. 54, said in a written statement that he
    AFP  -  395 words
  • Article
    Lock icon Call on Malaysian govt to hold general election
    284 1 Bernama FORMER deputy prime minister Datuk Musa Hitam yesterday urged the Malaysian government to hold a general election to renew its mandate from the people. He did not rule out the possibility of vacating his Kota Tinggi seat, which he won on
    Bernama  -  284 words
  • Article
    Singapore to help finance IMF's new facility
    510 1  -  By BOEY KIT YIN SINGAPORE is taking a tentative step towards assuming a bigger role in the international economic system, with a commitment to help finance the International Monetary Fund's new enhanced structural adjustment facility (ESAF). No details were forthcoming either from the
    510 words
  • Article
    Exports to Japan up a hefty 43pc
    506 1  -  Import growth slows but deficit widens By ZHOU MEI SINGAPORE'S exports to Japan grew by a hefty 43 per cent for the first seven months of this year to $3.91 billion compared with $2.73 billion the same period last year. What is perhaps
    506 words
  • Article
    Lock icon New coffee deal likely to boost world prices
    148 1 Reuter MAJOR coffee producers and consumers agreed yesterday on a new export quota regime to support prices in the oversupplied world coffee market. The deal brings good news for producers, but consumers may face higher prices in the shops. Delegates said the
    Reuter  -  148 words
  • Article
    Lock icon Japan sounds alarm on bulge in capital outlays
    520 1 IHT THE BANK of Japan has warned that increased capital spending by Japanese manufacturers would create new inflationary pressures in the economy and put the nation's vigorous performance this year at risk. Economists described the central bank's report on Friday on the
    IHT  -  520 words
  • Article
    Lock icon Credit rating of debtors at 10-year low
    187 1 AP INTERNATIONAL BANKERS' confidence in the creditworthiness of the world's debtor nations has sunk to a 10-year low, according to a survey by an American financial magazine. Every six months. Institutional Investor magazine asks about 100 international commercial banks to rank the creditworthiness
    AP  -  187 words
  • Article
    Singapore joins loan scheme to help Africa
    166 1 SINGAPORE has agreed in principle to contribute to a special loan scheme to help poorer African states. Low interest rates and longer term loans would be part of the terms, Finance Minister Dr Richard Hu was quoted by SBC Text as having said
    166 words
  • Article
    Lock icon Kohl pledges more aid for Jakarta
    174 1 UPI WEST GERMAN Chancellor Helmut Kohl yesterday pledged additional aid to debt-ridden Indonesia, including reducing its interest rates on outstanding loans and an increase in trade between the two nations. In a two-hour meeting with President Suharto, Mr Kohl also said he would double
    UPI  -  174 words
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      380 1 Need a car or truck loan? W\YK)O\G 737-7977 Ife W&> kxmg Mortgage And .Finance (S) Ltd A wholly-owned subsidiary of HoniikonuH.ink 6C'la>more Hill #03-01 las more Pla/a Singapore 1N22 MANAGEMENT MANGEMENT spotlight takes a look at the disclosure of related party transactions. Page 2 MORE innovative methods of teaching older
      380 words
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      Page 1 Advertisements Column 2
      204 1 eQGraaiaro Asia 10 New era for trade as Asia begins to look within Foreign Newt: 4,6 Hongkong strives to stay as world's top toy exporter; Gorbachev pledges to promote ties with the West Public Bank 9 Paying for shares through ATM Olympics Special 13 See you in Barcelona Architecture Serious
      204 words
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      Page 1 Advertisements Column 3
      92 1 P*rsp«cttv«, PAGE 10 The New JAL: More than ever a guaranteed pleasure. irrrj—i we will confidently do our almost Ic make any flight with us as enjoyable as possible As the world's number one LATA airline we will maintain the highest standards of mffk service as befits our leadership position
      92 words
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      Page 1 Advertisements Column 4
      8 1 Official Typewriter Supplier of the 1988 Olympics brother
      8 words
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  • MANAGEMENT
    • Article
      A look at disclosure of related party transactions
      1113 2  -  Statement of Accounting Standard 21 Spotlight on Management By ROY BRITTAIN (Roy Brittain is a partner in an international accounting firm.) RELATED PARTY RELATIONSHIPS are a normal feature of commerce and business. For example. enterprises frequently carry on separate parts of their
      1,113 words
    • Article, Illustration
      Academic approach mars aim
      493 2 QCDCDQ Tltt*: Foreign investment in China Author: Chu Baotai Publishers: University Publisher Printer, China International Economic Consultants. Inc Harcourt Brace Jovanovich. Pages: 266 Price: US$7O, hardcover. Reviewer Tsang Sau Yin. CURRENT BUSINESS interest in China centres around the country's desire for economic development and its open-door
      493 words
    • Article, Illustration
      Learning at your own pace and in your own time
      1409 3  -  More innovative methods of teaching older workers have emerged in the past few years. This is in response to a fast-changing technological world which demands that the present workforce be trained faster than what conventional classroom teaching methods can achieve.
      1,409 words
    • Article, Illustration
      The importance of quality control
      416 3 AN EFFECTIVE quality control system in manufacturing leads to less rejects and lower overall costs. It also assures customers that their specifications can be consistently met by the manufacturer and this, in turn, projects an image of credibility and commitment to quality by the latter.
      416 words
    • Article
      Management Game — 36 teams move into semi-finals
      167 3 Management Game 36 teams move into semi-finals THE 18th National Management Game has moved into the semi-finals with 36 teams vying for a limited number of berths in the finals. The semi-finals started off in a neutral climate in period three Twenty-five companies emerged from the fray with net profits
      167 words
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      Page 2 Advertisements Column 1
      183 2 Experience the special touch that only D-Scan teak furniture can impart Household ■fife*! Lounge Office Bedn h >m Dining 1 '111 *1 Conference rxccutivt wr Beautiful teak a tapestry of natural hues, texture and lines. Full of character. And charm. Teak is trendy, cosy and distinguished. In style as well
      183 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      67 3 Ken-Air Rent a Car scores another Ist with the new and exciting Toyota Corona 1.6 CD Business Class... the Ist and only rental car in Singapore equipped with compact disc player. Now available for your driving pleasure, on daily and weekly rentals. For reservations, v please call >t*S!ar\iK</to *****82 or
      67 words
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      Page 3 Advertisements Column 2
      286 3 »%v\ v s* N* Mr* i > vur.A w, 4KSw I Lr. 4 *%«ste£W».. >• L «w* <mjE&Zi J SlS&BS? lail p JONES LANG WOOTTON THE ACHIEVERS Whether you're in the market to buy, sell or lease, you'll find that the Achievers at Jones Lang Wootton have the skill and
      286 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Hongkong strives to stay as world's top toy exporter
      543 4 AFP HONGKONG, the world's top toy exporter since 1974, is striving to keep its title amid a downturn in the territory's toys and games exports. Beleaguered by the near-col-lapse of two major US clients, higher material costs and an acute labour
      AFP  -  543 words
    • Article
      Lock icon Shenzhen plants suspected of counterfeiting raided: IBM
      174 4 AP CHINESE authorities have raided factories around the Shenzhen special economic zone that purportedly are making counterfeit IBM personal computers. US-based computer firm IBM said last Friday that China s Administration of Industry and Commerce made the raids during the past week in
      AP  -  174 words
    • Article
      Lock icon Gatt ministers confident of progress in talks
      376 4 Reuter TRADE MINISTERS meeting in Pakistan are confident that their talks on slashing world trade restrictions are set to make progress. US Trade Representative Clayton Yeutter said on Saturday. But his optimism was not shared by Australian Trade Negotiations Minister Michael Duffy, who
      Reuter  -  376 words
    • Article
      Lock icon Killings a ploy to wreck polls, says Pakistani army chief
      408 4 Reuter PAKISTAN'S army chief, General Mirza Aslam Beg has said that the bloodletting in which at least 208 people have been killed since last Friday was part of a conspiracy to wreck November's elections. At least 162 people were killed
      Reuter  -  408 words
    • Article
      Lock icon Call for warmer Hanoi-Beijing relations
      248 4 AFP VIETNAM has used the anniversary of the founding of the People's Republic of China to repeat its call for warmer relations with Beijing. President Vo Chi Cong said on Friday that Hanoi wanted to normalise relations with China, strained since Vietnam's invasion of Cambodia
      AFP  -  248 words
    • Article
      Lock icon Seoul opposition to probe into re-education camp deaths
      224 4 Reuter SOUTH KOREAN opposition leaders have pledged a full inquiry into the death of at least 50 civilians at military re-education camps in the early 1980s A Defence Ministry report to parliament on Friday revealed the deaths and also said nearly 90
      Reuter  -  224 words
    • Article
      Lock icon Senate leader criticises Aquino leadership
      251 4 AP THE PRESIDENT of the Philippine Senate, Jovito Salonga, has criticised President Corazon Aquino for policy failures but said his Liberal party would continue to support the administration politically. Mr Salonga made his remarks during a speech on Saturday following his unanimous re-election as leader
      AP  -  251 words
    • Article
      Lock icon Manila approves aid projects
      112 4 AP MANILA has approved five Dutch-assisted projects worth U*****,000 to fund part of the country's agrarian reform programme. The Philippine News Agency said yesterday that these projects were designed to increase agricultural production of Filipino farmers. Department of Agrarian Reform Assistant Secretary Dorotheo Tadeo was quoted
      AP  -  112 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      947 4 ARRIVALS Operator Sorvico Local From number time AKL UL454 0015 CM* SIA SOU 0040 LAX/NtT MAS MH601 0130 KUL SPANISH AME/ 0230 SEL Af 0010 PU PK766 0550 KHI/BKK SIA SO 401 0555 CMB SIA S041 0610 MAA SIA SQ/MK45 074S MRU SIA SQ23 0755 AMS/BOM MAS
      947 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      153 4 fit for a Komg for just $31! German fare is much more than Frankfurters and Sauerkraut. the Belvedere introduce you to a selection of over 60 fine German dishes that have, we believe, even made it to the Konig's table. lb start you off, sample Bismark Hering and Aufschnittplatte eaten
      153 words
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      Page 4 Advertisements Column 2
      35 4 nflUfl The business person's cboce every Tuesday, Thursday, Saturday and Sunday Leaving Chongi Alport at 22:05 hours and amvrvg Heathrow eorty the following morning Col your Travel Agent or A* Canodo ot *****55 AIR CANADA
      35 words
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  • Page 5 Advertisements
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      240 5 A\\\\\\\\\\\\\\\ i i 1 i 1 I ■J f i r 2 I 1 Prime Account makes your busy life easier (I N r s Juggling your finances and your busy life isn't easy. You get caught up at lunch time transferring money from one account to another. You run
      240 words
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  • REST OF THE WORLD
    • Article
      Lock icon Gorbachev pledges to promote ties with the West
      523 6 Reuter SOVIET LEADER Mikhail Gorbachev. with the presidency now added to his role as Kremlin chief, has pledged to pursue his policy of cooperation with the West. Speaking with the increased authority that the twin posts of president and party leader give
      Reuter  -  523 words
    • Article
      Lock icon US, Japan hope for better ties with Soviets
      449 6 AP AMERICA reacted with restrained praise and Japan expressed hope for improved relations after sweeping changes in Soviet leadership that left Mikhail Gorbachev holding the USSR's top two jobs. .Mr Gorbachev, already the communist party general secretary, took over the government presidency
      AP  -  449 words
    • Article, Illustration
      Lock icon USSR-Israel may renew relations within a year
      291 6 Reuter ISRAEL AND the Soviet Union may re-establish diplomatic ties within six months to a year, Israeli Foreign Minister Shimon Peres has said. Mr Peres, in a US television interview, also said on Saturday that he expected relations would be established soon with
      Reuter  -  291 words
    • Article
      Lock icon Moscow opens conference in Vladivostok
      350 6 AFP AN UNPRECEDENTED international conference opened on Saturday in the formerly closed city of Vladivostok, focusing on the Soviet Union's relations with the Asian and Pacific region. Soviet leader Mikhail Gorbachev. in a message to the 300 delegates at the three-day conference. noted it was
      AFP  -  350 words
    • Article
      Lock icon US House and Senate pass US$2B3 billion defence bill
      194 6 UPI THE US House of Representatives and the Senate passed and sent to the White House a US$2B3 billion defence spending bill on Friday that puts up US$27 million in humanitarian aid through March for the Nicaraguan Contra rebels but leaves
      UPI  -  194 words
    • Article
      Lock icon Black African leaders to hold summit on Angola
      415 6 Reuter SOUTH AFRICA'S diplomatic thrust into Black Africa has culminated with the announcement of a Black African summit on the 13-year-old Angolan civil war in Zambia on Thursday. The announcement of the summit between Angola and its Black African neighbours emerged during
      Reuter  -  415 words
    • Article
      Lock icon Immortality for a fee
      406 6 AP GULLIBLE AMERICANS hoping for immortality, or seeking a gift for someone who has everything, are getting a warning these days: watch out for businesses that offer to assign people's names to stars The companies promise that one of the billions of stars in the heavens
      AP  -  406 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      109 6 Be Our Biz Guest And Stay In Style With Thrifty Exclusive Rates When you rent a Thrifty car, you'll enjoy the comfort of first class hotels at exclusive rates. Yes, stay in style and be impressed. Simply choose any model from our fleet of self-drive cars and you'll have the
      109 words
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      Page 6 Advertisements Column 2
      96 6 UK AND EUROPE AFTER 1992 THE EUROPEAN COMMUNITY WILL BE ONE SINGLE MARKET. THE POTENTIAL CUSTOMER BASE WILL HAVE RISEN TO 320 MILLION PEOPLE. WE NOT ONLY HAVE TO BE READY TO MEET THE INCREASED DEMAND BUT ALSO TO PREPARE FOR THE RADICAL CHANGES AND FULL IMPLICATION OF EEC MEASURES
      96 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      98 6 Doonesbury REAL6S0MB BUSH, lEP&INTHZMHeCBLLAROF m trump princess' ms NOT A HAPPY MAN... rrs NOT FAR! I SHOULDN'T HAV& AGRE8P TO THIS! s n uk flT n l 1 I THIS IS MY CAMPAIGN! I PIP ALLTHB U/ORK! AMP NOW MY MRHTWNIS GETTING ALLTHE CREPIT FOR. PUKE-BASHING COHIL& I LANGUISH IN
      98 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      277 6 City Max/ Not* Mlii (°C) Adelaide 21/08 O'cast Amsterdam 16/12 Clear Athens 27/12 Clear Bahrain 36/27 Clear Bangkok 32/25 Cloudy Barbados 31/24 Cloudy Beijing 18/13 Showers Beirut 25/20 Cloudy Belgrade 25/16 Clear Berlin 14/08 Clear Bermuda 28/22 Cloudy Bonn 17/08 Cloudy Brisbane 27/14 Cloudy Brussels 16/06 Clear Budapest 20/13 Cloudy
      277 words
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  • COMMODITIES
    • Article
      Lock icon Rubber
      186 7 Bernama MALAYSIAN rubber prices were traded unchanged on late buying support and higher overseas trends last week with both Oct Int RSS Ones buyer and Oct SMR -20 buyer closing at 300.00 cents and 271.00 cents respectively. Trading was generally mixed in initial trade in view of the uncertain
      Bernama  -  186 words
    • Article
      Palm Oil
      145 7 PORLA prices for Sep 30 Crude palm oil All trodes in M$/tonne on delivered basis unless otherwise stated: Mart North Sou* Central E Com Average S*P 955.00 955.00 Oct 962 00 971.50 959.50 962.50 965.00 Nov OK Pair 968.50 965.50 966.00 n kernel •i-mlll Mot rth North South
      145 words
    • Article
      Produce prices
      166 7 Chinese Produce Exchange Sellers' noon dosing prices on Oct 1 (SS/100 kg) Coconut oil Mk FOB 118.00 Old drum FOB 128.00 Now drum FOB 132.00 Copra Mixed (loose) 69 sellers Pepper Muntok white FOB NLW 587.50 Sarawak white FOB foq NLW 577.50 Sarawak spedal block FOB NLW 325.00
      166 words
    • Article
      London markets
      310 7 London Commodity Exchange Buyer/Seller closing prices on Sep 30 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis in-store London, sellers option C1F London Sep (1185/1191) High/Low 1210/1184 Nov 1201/1203 (1209/1210) High/Low 1225/1199 Soles (4883) Cocoa Sep (730/750) High/Low 730/690 Dec 721/722 (725/726) High/Low 722/716 Soles (4539)
      310 words
    • Article
      KL Tin
      144 7 HIGH OFFERING ahead of the weekend end the weakness in the Europeen spot market on Thursday puehed the Kuele Lumpur tin price down 10 cents to M 519.50 e kg et the cloee yesterday. However, the lower level attracted renewed buying from Jepen, which abeorbed most of the
      144 words
    • Article
      Lock icon Wheat
      40 7 Reuter PROFIT-taking by local houses pared gains in Chicago Board of Trade wheat futures at the close on Friday, traders said. Prices ended up two to 3-1/4 cents a bushel. Spot December settled two cents higher at US$4.l43/4. Reuter
      Reuter  -  40 words
    • Article
      Lock icon Metals continue to lose ground
      569 7 AFP RECEDING inflationary (ears continued to depress precious metals last week. Gold fell to its lowest level for nearly two years, silver to its lowest for 18 months, and platinum touched a six-month low. However, the latter recovered after the Johnson Matthey group forecast that
      AFP  -  569 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      294 7 M -f IP PI K .Iter", ft •>• K i. si M. X i ohk% >■- '£hX-:. THE PRESSURE OF NINE TO FIVE AT THE MARINA MANDARIN. \bu see, we like to think of ourselves as a sanctuary, a refuge if you will, where The business travellers lot is a
      294 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Grace period extended
      195 8 Bernama BANK NEGARA has extended to Oct 31. from Sep 30. the grace period for the public to change their defaced currency notes. In a statement on Saturday. the bank said the public could exchange all defaced currency notes (whether with minor or bad markings) at face
      Bernama  -  195 words
    • Article
      Lock icon Australia revises trade weighted index for AS
      201 8 Reuter AUSTRALIA'S Reserve Bank said it would revise the weightings for its trade-weighted index (TWI) for the Australian dollar from today. The revisions allow for changes in the mix of Australia's trading partners in 1987 and 1988, it said in a statement. It
      Reuter  -  201 words
    • Article
      Lock icon Aussie bank issues debentures
      66 8 Reuter NATIONAL Australia Bank Ltd issued in the Yankee bond market US$35O million of subordinated debentures due 1996 with a 9.70 per cent coupon and par prici'ng, said lead manager Merrill Lynch Capital Mar- kets. That is a yield of 85 basis points over comparable Treasury
      Reuter  -  66 words
    • Article
      Lock icon Commerzbank sells stake in credit bank
      85 8 Reuter COMMERZBANK AG said it has sold its 40 per cent stake in AKB Auto-Kredit-Bank, a West German hirepurchase loan bank. The other shareholder, Industriekreditbank, also sold its 60 per cent stake, Commerzbank said in a statement. It named the buyer as ABC-Vermoegens-verwaltung GmbH.
      Reuter  -  85 words
    • Article
      Lock icon Forex markets
      765 8 AFP ASIAN currencies ended mostly lower last week in quiet trading little affected by meetings of the International Monetary Fund and the World Bank in West Berlin. Losers on the week were the Australian, New Zealand. Indonesian. Malaysian, Philippine and Singaporean currencies while the Hongkong dollar, the South
      AFP  -  765 words
    • Article
      Gold & Financial futures
      446 8  - Gold Financial futures Sin Huat Digest HEAVY Swiss selling in Zurich last Monday briefly depressed Loco-London gold to as low as U*****.70/387.20 per troy oz but follow-through selling receeded and bargain hunters bid prices back as high as U5399.30/399.80, just short of the psychological US$4OO.OO level. For the remainder of
      446 words
    • Article
      Untitled
      79 8 NKKI STOCK AVERAGE Month Trac Op-. Bng on Oef 1 1988 n* u. On fat V«l Soo. *****.83 *****.83 *****.71 *****13 Sap M *****-920 ***** ***** 2809JN 983 Ok M Mac 89 *****H J« If *****N Source: Singapore International Monetary Exchange US$ against Asian M$ 2.6830 cum mctss NZS *****
      79 words
    • Article
      Asian dollar market
      222 8 ASIAN CURRENCY ovtrog* |4\A L. Wfft deposit rati for 1 *nd*d Sep 30 MD P meet US t High LM 7 doyt 1/3 1/4 1 mon#i 3/1 3/16 2 —tttm 3/9 1/4 3 muntln if 6 montht 11/16 1/2 9 hkjOU V* 9/16 12 month 7/ 11/16
      222 words
    • Article
      Comex gold/silver futures
      157 8 Gold futures on Sep 30, 1988 100 Iroy ounas. USS par troy ou TCt Optm Lav MM Oe ***** 398.20 391 JO 394.40 •240 No* 39*40 •240 Ok 402-SO 401.20 39*40 399.30 •240 Fob 40*. 30 ***** ***** 404.30 -2J0 *4" 411.90 411.90 407JO 409JO •240 hm
      157 words
    • Article, Illustration
      Prime lending rates
      487 8 Indicates tha avtragi of ths prim* tending rates of 12 msfof banks In B'pors PLR of bonks at the dose of business on Friday, Sop 30 as supplied by the Association of Ranks in Singapore. RANK PLR Algernon* Bonk 6% Allied Irish Bank PIC 6V4 American Express
      487 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      214 8 NUB Bank s nrit tuiui office is located in south east Amsterdam. It's the one single reason for our growth. Because at NMB Bank, we believe in partnership with our clients. We don't try to meet individual problems with standard solutions. Instead, we come up with ideas to meet your
      214 words
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  • BANKINGA AND FINANCE
    • SMALL CHANGE
    • Article
      Lock icon UMBC launches another home loan scheme
      355 9 Bernama UNITED Malayan Banking Corporation Bhd (UMBC) has introduced another special housing loan scheme called Homeplus" for buyers and owners of houses costing more than Msloo,ooo. Targeted towards existing and new housing borrowers. the new scheme follows the bank's successful launching of "Homeplan". UMBC's
      Bernama  -  355 words
    • Article
      Lock icon French insurer denies bid for Sun Life
      147 9 AFP THE UNION des Assurance de Paris (UAP) insurance group has said it had no intention of launching a takeover bid for British firm Sun Life. It also said on Friday that in full agreement with Sun Life, it had acquired 6,305,000 shares
      AFP  -  147 words
    • Article
      Lock icon Mastercard to raise rate
      83 9 Reuter MASTERCARD International said it is committed to increasing its standard and acquirers interchange discount rates, effective January 1, 1969. The company said the decision to increase rates was based on the rising costs affecting the entire credit card industry, including credit losses and the cost
      Reuter  -  83 words
    • Article
      Lock icon Soviet bank for risky projects set up
      324 9 Reuter A NEW SOVIET bank has been created to finance high-risk scientific and engineering projects, the Moskovskaya Pravda daily has said. It said 25 shareholders met on Thursday to found the Moscow Share Innovation Bank. They included the state Industrial Building Bank which
      Reuter  -  324 words
    • Article
      Lock icon Bank Bumi launches combined savings and current account
      243 9 Bernama BANK BUMIPUTRA Malaysia Bhd (BBMB) has introduced the "Juwara gold" account, combining the features of both the current and savings accounts. Chief general manager Mohamed Said Mohamed Ali said at the launching that the new account can be operated with a
      Bernama  -  243 words
    • Article
      Lock icon Philippine reserves rise to US$1.7 billion
      96 9 AFP THE Philippines' gross international reserves stood at U551,733 billion as of Sep 21. compared with US$l.66 billion in August, a Central Bank statement said last Friday. The statement said the gross foreign exchange assets of the banking system amounted to U554,384 bil- lion
      AFP  -  96 words
    • Article, Illustration
      Lock icon Paying for shares through ATM
      257 9 Bernama PUBLIC BANK BHD. the latest to offer share payment services via ATM, may be the first to have a linkage with its finance companies to provide such facility to its customers. Negotiation with the share issuing house, MIDF corporate and consultancy services, had just
      Bernama  -  257 words
    • Article
      Lock icon Toronto Dominion to stop LDC loans
      161 9 Reuter TORONTO Dominion Bank, which has suffered heavy losses through provision for bad loans to less developed countries (LDCs), said it would make no more loans to such nations. "LDCs are a discontinued business." William Brock, executive vice-president of the bank s credit division,
      Reuter  -  161 words
    • Article
      Lock icon Malaysia's hire purchase sector expected to grow
      215 9 Bernama CREDIT Corporation (Malaysia) Bhd said the hire purchase sector of the finance industry appears to be set on an upward trend, reflecting the turnaround in the country's economy. CCM managing director Clem Just said in a statement in Kuala Lumpur on Friday
      Bernama  -  215 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      149 9 s > <..■« 4£m •>..> w* >; HiF vV i -*>•« iiiv: jyp V iS i-> MS* ,V S3 n*"gf «*gh2 f Msp» -t^rsm, WmM-Je < --J r 4 A GIANT TRACK RECORD THAT DWARFS OTHERS In the last one and half years, we successfully leased over 1,000,000 sq.ft. of
      149 words
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  • PERSPECTIVE
    • Article, Illustration
      New era for trade as Asia begins to look within
      1247 10  -  Today, dealings with North America dominate Asian trade. However, the rising importance of intra-Asian trade may well shift the pattern of the region's global trade away from the Pacific Basin in the years ahead. Japan, however, appears unreplaceable as a
      1,247 words
    • Article, Illustration
      Inflation is a dragon China must slay
      740 10 CHINA, with a consumer market of over a billion people, holds considerable promise as a market for other Asian countries. Asian sources today already account for close to half of the country's imports. However, dampening the prospects of doing more business with a
      740 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      140 10 What do you notice about KLM Business Class?" v There's less room for the competition." mm "y .W *-mw I KLM's Business Class I sets the standard. As a pf I I frequent business traveller, I you'll appreciate the seat selecrion w^en y° ur booking >_ is made. Business Class
      140 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      301 11 Merrill Lynch Private Client 2000 years of experience i sit down with a They can provic When you sit down with a Merrill Lynch Financial Consultant you're getting a world V of resources. Not the least of I these is a wealth of local market experience and understanding. Our team
      301 words
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  • THE ARTS
    • Article, Illustration
      Thrilling new season ahead
      431 12  -  By SHAUN KOH THE THIRD SERIES of the 1988 season of the Singapore Symphony Orchestra opens about a fortnight from today. And it looks like this is going to be a thrilling new season, with two Singapore-born musicians who have made it overseas returning to perform
      431 words
    • Article, Illustration
      Lock icon Pavarotti shines in Met's opening night
      491 12 NYT OPENING NIGHT at the Metropolitan Opera in New York is traditionally first of all a social ritual and second, if at all, a musical performance. That's why, for many years, it has been the company's custom to begin with a heavyweight production calculated
      NYT  -  491 words
    • Article
      Lock icon Another victory for Battle
      415 12 NYT IF ANYONE with an ear attached to either side of his head still questioned Kathleen Battle's place among the singing elite of this century, her portrayal of Cleopatra in Handel's Giulio Cesare at the Metropolitan Opera last Tuesday should have swept away all doubt. Battle
      NYT  -  415 words
    • MUSIC NOTES
      • Article
        German pianist to give recital
        155 12 PROFESSOR Klaus Borner is a man who wears many hats. After alt, he has at one time or another been a pianist, educator, harpsichordist, organist, conductor and composer. Born in West Germany in T929 and raised in Dusseldorf, Borner is to give a piano recital
        155 words
      • Article
        Raffles Symphony Orchestra to perform
        132 12 THE RAFFLES Symphony Orchestra, which made its debut the day before National Day this year, will perform at the Victoria Concert Hall on Oct 12 beginning at Bpm. The programme will be on the light side and will include such well-known works from the Andrew
        132 words
      • Article
        Lind in the limelight
        184 12  -  by Shaun Koh THE RISE of young, slim and beautiful soprano Eva Lind in the musical world has been nothing short of incredible. A couple of years ago, not long after graduating from school, Lind thrilled the audience at the timehonoured Viennese Opera Ball. Her career,
        184 words
    • Article, Illustration
      Lock icon London's letters offer surprising revelations
      714 12 UPI JACK LONDON, the adventurer who wrote 19 novels, was also a prolific correspondent whose soon-to-be-published letters fill three thick volumes. In the more than 1,500 letters, to be published this month by the Stanford University Press, London covered topics ranging from socialism, which he
      UPI  -  714 words
    • Article
      Lock icon The changing face of Chicago's art institute
      1003 12 NYT AS A BUILDING, the Art Institute of Chicago has always been an accurate barometer of the city's architectural temperature. In 1893. as Chicago s rising ambitions found expression in the lavish architecture of the Beaux-Arts, the institute opened its main building, an
      NYT  -  1,003 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      236 12 [(Kvni-.ii\(.Ai<]'KiS]| Specialists in Fine Hand-knotted Carpets mid-week evening Auction Sale Wednesday, October 5,1988 Malaysia Room (sth floor) Hilton International Singapore -V? .t! 'Jj < f" ras..i %y T» ac Mr ■Jrir; f* f ..?p3 jo T r 1 C*.' itga il*j +f. p f 3 ■<. lifi' Viewing cocktails: 4pm
      236 words
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      Page 12 Advertisements Column 2
      30 12 Nominate Singapore's Businessman of the Year now. Call Adeline Yong on 344-8955. i 777 BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD Imntly organised toy HutinrM Time* and DHI. In
      30 words
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      Page 12 Advertisements Column 3
      28 12 WE STOCKIST OF INDONESIAN PARAFFIN WHITE WAX WITH MELTING POINT 135 140 DEG. F. INTERESTED, PLS CONTACT MR TAN OF KHENG BENG SENG PTE LTD AT *****30, *****29.
      28 words
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  • OLYMPICS SPECIAL
    • Article, Illustration
      Lock icon An Italian Jog worth remembering
      750 13 ATHLETICS UPI IN A FITTING FINALE to the 16day long Olympic Games, the destiny of the 237 th and last gold medal was decided only in the last few kilometres of the men s marathon yesterday. Gelindo Bordin of Italy produced a late surge to
      UPI; AFP picture  -  750 words
    • Article, Illustration
      Lock icon Americans: We've been robbed
      526 13 BOXING AFP AMERICA bagged the most medals in the ring but felt like a loser yesterday as the Olympics boxing tournament rang its final bell on a bitter and nasty note. The Americans denounced bad judging and broadly hinted at pay-offs to ring officials involved in
      AFP; Reuter picture  -  526 words
    • Article
      Lock icon Games over: See you in Barcelona
      693 13 AP THE SEOUL OLYMPICS ended yesterday as it began behind a wall of security. A moving phalanx of police guards enabled a gentleman from Verona to capture the men's marathon unmenaced by student radicals. A smiling Gelindo Bordin, 29, a surveyor who runs for
      AP  -  693 words
    • Article
      Lock icon US team stays on top with super spikes
      453 13 VOLLEYBALL AP THE AMERICAN men's volleyball team, powered by the bullet spikes of Steve Timmons and Karch Kiraly, defeated the Soviet Union 3-1 yesterday to win its second consecutive Olympic gold medal. Showing why they have been No 1 in the world
      AP  -  453 words
    • Article
      MEDAL TALLY
      272 13 1 ——J M Slim Bunt Taw Soviet Union 55 31 46 132 East Germany 37 35 30 102 United States 36 31 27 94 South Korea 12 10 11 33 West Germany 11 14 15 40 Hungary 11 6 6 23 Bulgaria 10 12 13 35 Romania 7
      272 words
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  • LEISURE
    • Article, Illustration
      Lock icon The lost children of Miari
      796 14 UPI THEY GIGGLE and preen like American teenagers before a big prom. But the girls of Miari do not dream of one special night. They dream of surviving all the nights. The children of Miari are prostitutes, a vestige of Korea's feudal past and its
      UPI  -  796 words
    • Article
      A club above the rest
      410 15  -  CHESS By DEXTER LEE GANGS OF FOUR declared war yesterday. But any violence or bloodshed was symbolic as the victors were determined not by strong-arm tactics but by chess tactics. Chess players from 20 teams staked their claims on the championship titles in the annual
      410 words
    • Article, Illustration
      Serious stuff
      803 15  -  By COLIN AMERY I LIKE the architecture of Piers Gough because it makes it very difficult for anyone to know what to say about it. He is putting architectural writers to the test with the first major retrospective of his firm's work, on show at the Royal Institute
      803 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      783 14 flteetugolp Where to entertain MALAYSIAN HIGH TEA ONLY $7.00++ V*. t+o I Sk. Try Something Malaysian Style "HIGH TEA" From three to six every 1 afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Sam, Kueh Kuchee. Agar Agar Gundil. Bubor Hitam, Gula Melaka and
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      Page 14 Advertisements Column 2
      331 14 0 buffet in town! If you're a lover of sizzling and spicy Sichuan food, then you'll take delight in the lavish Sichuan spread we've prepared for you at the Pine Court. Here you can sample all your favourite Sichuan delicacies. There's Shark's Fin Soup with Chicken Sauce, Fried Sliced Beef
      331 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      237 15 01 übertus @rill of v* ~f. The Bounty of the Hunt October 1-31. The gome season comes to Hubertus Grill wtth a menu fit to grace the flnest dining tobies. There ore specialities known in Ihe veiy best houses of Europe such as Rabbit Terrine in Jeity. Essence of WkJ
      237 words
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      Page 15 Advertisements Column 2
      135 15 gtceiugolD WHAT'S FRUITY, YET STILL DRY, SHARP AND YOUNG, YET STILL MATURE? GREEN GOLD. It's got style, Green Gold. The kind of personality and flair that spells individualism, distinction. That's what breeding gives you. With a nursery like the sun-drenched vineyards around the Mosel river, in southwestern Germany, how can
      135 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      668 15 CRYPTIC PUZZLE ACROSS 1 French city, though to lathe' a txt Irish (5) 6 Silly rhyme lor a horse (5) 9 Seen to be leopard-like (7) 10 Is such Dnl about €50 to buy? (5) 11 Every singer should have on** (5) 12 Punitive tood? (5) 13 Heaven-eent money' (7)
      668 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1326 15 to cm mm® THE MARKETING MIX Marketing In Action 9.30pm, Channel 12 Effective marketing requires a strategic view of the marketplace and different strategies can be successful for different businesses in the same market. Today's programme look s at the strategies adopted by two major manufacturers in the chocolate market.
      1,326 words
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  • SPORTS
    • Article, Illustration
      Lock icon Barr charges to a clear lead
      327 16 AFP DAVE BARR of Canada left his opponents shell-shocked on Saturday after charging up the standings to take a one-stroke lead in the US$4OO,OOO Southern Open in Columbus with a re-cord-equalling nine-under-par 61. The inspired 36-year-old player from British Columbia, who started the day
      AFP  -  327 words
    • Article
      Lock icon Smyth keeps his cool
      204 16 AP IRISHMAN Des Smyth retained his lead on Saturday despite strong pressure from England's Howard Clarke, on the third day of the £180,000 English Open golf tournament in Southport. Clark, out first at Royal Birkdale, shrugged off a nagging shoulder injury to shoot a superb five-under-par
      AP  -  204 words
    • Article, Illustration
      Lock icon Australia 99 for no loss at lunch
      287 16 AFP AUSTRALIAN OPENERS Geoff Marsh and David Boon got the visitors off to a sound start in their three-day game against the Northwest Frontier Province Governor s XI in Peshawar yesterday. The two were still at the crease at lunch on the first
      AFP  -  287 words
    • Article
      Lock icon American League East title goes to Red Sox
      368 16 UPI THE BOSTON Red Sox, underachievers during the first half of the 1988 season, received a mid-season boost from new manager Joe Morgan that carried them all the way to the American League East title. The Red Sox clinched the division on
      UPI  -  368 words
    • Article
      Lock icon Wilander, Carlsson through
      169 16 AP MATS WILANDER and Kent Carlsson defeated their semi-fi-nal opponents on Saturday to advance to the finals of the U*****,400 Sicilian Tennis Championship. Wilander, the top-ranked player in the world, easily beat Guillermo Perez Roldan of Argentina 6-2, 6-2. Fellow Swede Kent Carlsson, the No 2 seed,
      AP  -  169 words
    • Article, Illustration
      Lock icon Anderson takes Shannon-Cork stage
      276 16 AP AUSTRALIAN Phil Anderson won the Shannon-Cork stage of 112 miles (179 kms) on Saturday, in the Nissan Classic Tour of Ireland cycle race. The battle for the overall lead took a surprise turn when West German Rolf Golz, who came in fourth in the day's
      AP  -  276 words
    • Article, Illustration
      Lock icon Senna grabs pole position in Spanish GP
      581 16 UPI AYRTON SENNA on Saturday put his McLaren on pole position for the 11th time this season with the fastest time in qualifying for the Spanish Formula One Grand Prix. The Brazilian humbled all opposition in the final qualifying, hurling himself around the
      UPI  -  581 words
    • Article
      Lock icon Corwyn Bay makes history
      150 16 AP CORWYN BAY gained a place in the history books on Saturday by winning the first ever "Cartier Million" the world's richest horse race for two-year-olds. Ridden by Stephen Crane, the Irish colt weaved through the 20-strong field racing along the 1.4-km flat course at Phoenix
      AP  -  150 words
    • Article
      Lock icon Davis supports television advertising
      197 16 AFP STEVE DAVIS on Saturday joined in an advertising battle between the world's top snooker players and the sport's governing body. Speaking before hammering Welshman Tony Griffiths in the Paris-leg of the U*****,000 European circuit tournament, Davis said: "Advertising had to come in British snooker. It
      AFP  -  197 words
    • Article, Illustration
      Lock icon Chang faces Kriek in SF finals
      486 16 Reuter JOHN McENROE. the third seed in the U*****,000 San Francisco Grand Prix men's tennis tournament, was beaten on Saturday by an on-form Johan Kriek. Kriek, ranked 64. upset McEnroe, ranked 22. 6-4 3-6 6-4 in two hours and six minutes of fine serve-and-volley
      Reuter  -  486 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon What we need is liquidity
      694 17 moa mm*** HOCK LOCK SIEW ONLY THREE months ago, the stock exchange acknowledged publicly what stockbrokers and investors had long known: the lack of liquidity in the Singapore market was the principal obstacle to progress. Small investors who are dealing in a few lots at
      HOCK LOCK SIEW  -  694 words
    • LATEST RESULTS
      • Article
        UNIPHONE Telecommunications Ltd
        75 17 Hons Ltd: Group profit after tax of Msl.Bom (Msl.s6m) on turnover of M571.91m (M540.39m) for the six months ended July 30, 1988. EPS is 2.6 cents (2.2 cents). No interim dividend. Directors expect second half year results to be better. The award of a licence to operate
        75 words
      • Article
        THE BUKIT Katil Rubber Estates Bhd
        77 17 tates Bhd: Profit after tax of Msl.o9m (M 5616,000) on turnover of Msl.o2m (M 5689,000) for the year ended April 30, 1988. EPS is 17 cents (10 cents). NTA unchanged at M 52.87. Final ordinary dividend of 10 cents and bonus dividend of 10
        77 words
      • Article
        SEAL INCORPORATED Bhd
        62 17 Group profit after tax and minorities of M53.67m (M52.44m) on turnover of M550.32m (M544.34m) for the year ended June 30, 1988. EPS is nine cents (six cents). NTA is 95 cents (86 cents). Prices and demand levels for products ex- pected to continue in current financial year.
        62 words
      • Article
        STRAITS TRADING Co Ltd
        77 17 Group profit after tax and minorities of $15.79 m ($11.03 m) on turnover of $112.03 m ($109.82 m) for the six months ended June 30. 1988. EPS is 5.3 cents (3.7 cents). Interim gross dividend of four cents will be paid on Oct 31. The better
        77 words
      • Article
        SSANGYONG CEMENT (S) Ltd
        60 17 Group profit after tax and minorities of $190,000 ($323,000) on turnover of $14.03 m ($20.61 m) for the six months ended June 30, 1988. EPS is 0.43 cent (0.73 cent). No interim dividend declared. The overall operating conditions remain difficult, but the directors expect the group
        60 words
      • Article
        MULPHA (SINGAPORE) Ltd
        72 17 Group loss after tax of $1.59 m (loss of $3.63 m) on turnover ol $22.94 m ($25.98 m) for the six months ended June 30. 1988. Loss per share was 0.05 cent (loss of 0.11 cent). No interim dividend. The company has trimmed its loss-making activities and
        72 words
      • Article
        SANYO INDUSTRIES (M) Bhd
        68 17 Loss after tax of Ms4.l2m (loss of Ms3.3lm) on turnover of M540.85m (M555.26m) for the six months ended June 30. 1988. Loss per share is 35 cents (loss of 28 cents). Higher losses were due to continued rise in material costs resulting from the stronger Japanese
        68 words
      • Article
        KUCHAI DEVELOPMENT Bhd
        55 17 Profit after tax and minorities of M 540,934 (M$18,802) on turnover of M 591,579 (M 576,508) for the six months ended June 30, 1988 EPS is 1.55 cents (0.71 cent). No interim dividend. Mining activities still under indefinite suspension. Outlook for second half year expected to be
        55 words
      • Article
        KHONG GUAN Holdings Malaysia Bhd
        59 17 sla Bhd: Group profit after tax and minorities of M 5143,000 (M 5289,000) on turnover of M522.24m (Ms2o 53m) for the six months ended June 30. 1988. EPS is 0.6 cent (1.2 cent). No interim dividend. Operating profit was lower because of higher production cost.
        59 words
      • Article
        BEDFORD BHD
        54 17 BEDFORD BHD: Group loss after tax of Msl.4sm (loss of Msl.7sm) on turnover of Msl.2Bm (Msl.3om) for the six months ended June 30, 1988. Loss per share is 1.48 cents (loss of 3.57 cents). No interim dividend. The directors expect second half results to be about the same
        54 words
      • Article
        MALAYSIAN RESOURCES Corporation Bhd
        55 17 poratlon Bhd: Group loss after tax and minorities of M517.04m (loss of M527.89m) on turnover of M513.42m (Ms 9 57m) for the six months ended June 30, 1988. Loss per share is 6.6 cents (loss of 10 cents). No interim dividend. The company expects to benefit
        55 words
      • Article
        HUME INDUSTRIES (Malaysia) Bhd
        86 17 Bhd: Group profit after tax and minorities of M57.29m (Ms4.7om) on turnover of M5182.65m (M5230.25m) for the year ended June 30. 1988 EPS is 5.4 cents (3.5 cents). NTA is M 51.37 (M 51.28) Final gross dividend of 5% to be paid on Dec 12. To
        86 words
    • Article
      Lock icon M'sian brokers welcome move to widen participation in industry
      388 17 Bernama THE MALAYSIAN government's decision to allow all financial institutions to participate in the stockbroking industry could help Malaysian firms to tap overseas funds, stockbroking sources said. "There are many investors keen to invest millions of ringgit on the Kuala Lumpur
      Bernama  -  388 words
    • Article, Illustration
      SNP building factory with rights proceeds
      565 17  -  Cash call of $22.5 m also to pay for Hiap Moh stake By CORRINA UM GOVERNMENT PRINTER Singapore National Printers will use most of the proceeds from its proposed rights issue to finance the building of a new factory and expand production capacity. The
      565 words
    • Article
      Malaya Glass plans Ms2Bm expansion
      350 17 MALAYA GLASS is embarking on a three-pronged Ms2B million expansion programme to enable the group to become the biggest, most modern and the most flexible glassworks in Malaysia. The company announced last Friday that the first prong will be the construction of a 100-ton furnace
      350 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        SES SHARE INFORMATION
        4921 18 Singapore Stock Indices Sep 26 Sep 27 Sep 28 Sep 29 Sep 30 BT Comp 1 ***** ***** ***** 909 28 ***** BT oe/os 10 -277 -261 260 303 -214 BT CADI 11 -6926 6956 -6878 -6908 -6866 BT 10-day av 11 -6730 -6756 -6782 -6812 6833
        4,921 words
      • Article
        APPROVED ISSUES
        33 18 Company RIGHTS ISSUE Itttan One-for-two IS >0 pef share Ex-date: Oct 7 Boob close: Oct 19 Company BONUS ISSUE G E life Three- for-five Ex-dote: Oct 5 Books close: Oct 17
        33 words
      • Article
        PROPOSED ISSUES
        258 18 Com pony RIGHTS ISSUE C 1 Holdings 27 million loan stocks in the ratio of 13 loon stock for every five ordinary stores held Duta Cons One-tor one $110 per store F A C B One-for-one $0 60 per store General Corp Issue of $49,204,936 nominal amount of
        258 words
      • Article
        COMPANY MEETINGS
        197 18 WORLDWIDE HOLDINGS Berhad: 22nd AGM at 9.02, 9th Floor Wisma HamzahKwong Hing, 1 Leboh Ampang, ***** Kuala Lumpur today at 11am. MALAYAN UNITED INDUSTRIES Berhad: 17th AGM at the MUI Plaza Conference Centre. Ist Floor. MUI Plaza, Jalan P.Ramlee, ***** Kuala Lumpur on Friday. Oct 7, at 11am.
        197 words
      • Article
        Unit trusts
        282 18 Monogmn' prlcei (I) for rw-r 1 UOB Management I^Vll n«s 0TC5 Singapore Unit Trust \>«6o*d 1015 104 CpiMm 09* MAKA-Bumlputro T Sa> Oft f-jna 0*4 OK) *»cp >u»'a 625 6 X Vpc» r<«d OB 0*7* jatond B'pwra 568 in Vpc* Sk Fw«t 064 0*9 Bputro *X 4 2S
        282 words
    • Article
      Untitled
      1510 19 19M High Low Tel Code Company Last Sale OTGr's Dlv Dlv C'vr Gr'a Y'ld Net P/E Vol Week (*000) High Low Last Quote Buyer Seller SECTION TWO MDUSTRIAL COMMERCIAL 115 44 200 195 92% 60 414 40% 560 129 146 194 144 60 220 110 106 266 150 128 102
      1,510 words
    • MARKET REVIEWS
      • Article
        Lock icon Stocks rebound after bearish start
        256 19 r jF*m ul]| Tokyo j AFP SHARE PRICES rebounded on the Tokyo Stock Exchange last week in active trading following the start of the new business year for Japanese securities firms on Tuesday. The closely-monitored Nikkei Stock Average closed the week up 310.01 points at
        AFP  -  256 words
      • Article
        Lock icon Strong buying boosts Bombay shares
        135 19 Reuter BOMBAY SHARE prices made sharp gains on all-round support last Friday, its only trading day in the week. The market had been closed to enable brokers to complete the business done in the two weeks ended the previous Friday, a process that was slowed
        Reuter  -  135 words
      • Article
        Trading remains quiet as investors await leads
        567 19  -  Singapore P By MAGDALENE NG TRADING ON THE local bourse was extremely quiet last week and this trend is expected to prevail when the market opens for trading today. Ironically, the star of the week was the Thai Prime Fund which made its
        567 words
      • Article, Illustration
        Lock icon Lack of strong incentives keeps buyers at bay
        492 19 K.Lumpur MBT WITH INVESTORS keeping to the sidelines, the Kuala Lumpur stock market went through another listless week and share prices drifted further into minus territory. Trading activity remained thin with most of the interest confined to lower priced issues. The 30-counter
        MBT  -  492 words
      • Article
        Lock icon Options-related trades help to hold up market
        276 19 nj Sydney S AFP THE AUSTRALIAN share market had an end of week burst of options-related optimism after gold stocks held up a relatively weak industrial sector, brokers said here Friday. Brokers said they were disappointed the market gained only modestly on overseas
        AFP  -  276 words
      • Article
        CORPORATE ROUNDUP
        1040 19  -  Week ended September 30 compiled by JULIANA TAY SCRIP ISSUES Isetan: Rights issue of one-for-two of $5 10 per share CORPORATE DEVELOPMENTS Avimo Singapore has acquired o local electroplating and aluminium company for $750,000 The assets and operations of ACP Industries Pte Ltd will be transferred to Avimo's
        1,040 words
      • Article, Illustration
        Lock icon Uncertainty sets the market adrift
        914 20 1 Hongkong y DBS Securities HK THE HONGKONG stock market drifted without direction during the four days of slow and quiet trading last week. Lack of fresh incentives, mixed signals from overseas bourses and the uncertainty surrounding the forthcoming US presidential elections have kept generally
        DBS Securities HK  -  914 words
      • Article
        Taking stock, relatively speaking
        874 20  -  H fcnJD J London HSil jhiih m By RAY HEATH ALL THINGS are relative in stock markets. Last week a horrendous set of trade figures was welcomed with a sustained strengthening in share prices. The reason why a £1.3 billion trade deficit in August did not
        874 words
      • Article
        1992 beckons, but European markets reckon it is still far off
        749 20  -  pppef By RICHARD HARRIS Richard Harris is head of investment banking at Skandinaviska Enskilda Banken, Hongkong MUCH HAS BEEN made of the European Community's plans for 1992 which is to lead to the breakdown of trade and professional barriers
        749 words
      • Article, Illustration
        Lock icon Prices return to earth after one-day orbit
        728 20 I New York FT INSPIRED by the return of US astronauts to weightless space, Wall Street made its own attempt to break free from worldly worries on Thursday. Prices took off like a rocket spewing a spectacular contrail of buy orders but the
        FT  -  728 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Blue chips end slightly lower
        861 21 New York Reuter LATE PROFIT-TAKING on Wall Street cut into the market's advance on Friday. sending blue chips to a slightly lower close on the last day of the third quarter. For the week, however, the market ended with a strong gain. Bond i prices
        Reuter  -  861 words
      • Article, Illustration
        Lock icon Equities close mixed
        987 21 London Reuter LONDON SHARES were mixed in late afternoon business on Friday, having held within a narrow trading range throughout the session, dealers commented. They noted that isolated speculative positions continued to provide interest in a market experiencing profit-taking after a series of gains since the start
        Reuter  -  987 words
      • Article
        Untitled
        1410 21 Tokyo Oct 1 TEH -150 Akoi MS 1 150 undi 030 900 -20 -20 j tank o4 Tokyo 1 540 240 undi P3I 420 400 931 -20 20 -33 i DoM i 960 -60 Ooi-l 1 0 N H DNi, 1 Dofw 1 Etaoi hi Kongyo >por Print »pon Scroon
        1,410 words
      • Article, Illustration
        Lock icon Olivetti restructures to tackle 'realities'
        410 21 FT OLIVETTI, the Italian office automation concern, has unveiled a sweeping corporate reorganisation which divides the group into three separate operating divisions and reshuffles top management Mr Carlo de Benedetti, the Olivetti chairman, said the restructuring was "a logical response to the realities of the
        FT  -  410 words
      • Article
        Lock icon Yaohan buys LA mall
        110 21 AP YAOHAN DEPARTMENT Store Co of Japan has purchased a Los Angeles shopping mall for US$4O million, company officials have said. The medium-sized retail chain based in Shizuoka prefecture, central Japan, bought "Little Tokyo Square" in downtown Los Angeles from Art Lumer, Albert H Taira and
        AP  -  110 words
      • Article
        Lock icon Stronger equity earnings boost Goodman results
        329 21 FT THE OPERATING profits of Goodman Fielder Wattie, the Australasian food giant, have been hurt by poor trading conditions and heavy interest expenses, the group's latest results have shown. But stronger equity earnings contributions from its investments, including Ranks Hovis McDougall of the UK,
        FT  -  329 words
      • Article
        Lock icon Wave of mergers changes Australia's company mix
        368 21 FT SOME 220 of Australia's top 500 companies have been merged, acquired or displaced over the past six years, and the number will rise to more than 300 before the end of the decade A 250-page study, entitled "Australia Tomorrow" and published by
        FT  -  368 words
      • Article
        Lock icon US seeks US$311m in oil overcharges from Salomon unit
        299 21 NYT SALOMON INC has said that the US Deparment of Energy was seeking US$3ll million in payments for suspected oil pricing violations by itsPhibro Energy subsidiary from 1978 to 1960. Salomon, which paid US$l6.3 million to the agency last year to
        NYT  -  299 words
      • Article
        Lock icon Slow start for NTT stock sale offer
        400 21 AFP SECURITIES FIRMS on Saturday started seeking buyers for 1.5 million shares of Nippon Telegraph and Telephone Corp (NTT) due to be sold later this month but the initial reception was cool, security firms sources said. The sale of the shares on Oct
        AFP  -  400 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      130 17 Rnancial Newsmakers ABN Bank This announcement appears for the purposes of record only October 1988 THE HOUR GLASS LIMITED (Incorporated in the Republic of Singapore) New Issue of 8,000,000 ordinary shares of $0.25 each at $0.88 per share payable in full on application Managed and Underwritten by ODBSBANK THE DEVELOPMENT
      130 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      26 17 OMBO WAr'Z 7V/f.7 */r/$ fs77/wir2r£> n/tr A //£~h'4££'r7£'/& &e /JAS WS$ r&ASS 77//&7Z/ 6£ZOA/£>s [A* by Martell TV W&A&£AZ/e&ss -/'&W9&MZ />&&& OP7&O*/M2 ross&o &t/ A &X£&yr7ur.." G©n)
      26 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      489 20 aroma* THE COMPANIES ACT, CAP. 50 UNIVERSAL CREDIT PRIVATE LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting of Universal Credit Private Limited duly convened and held on Thursday, 29 September 1988, the following special resolution was passed:— Winding Up Resolved that the Company be wound up voluntarily pursuant to
      489 words
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      Page 20 Advertisements Column 2
      741 20 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME. We, Liu Tong Trading Pte. Ltd. of 37, Pandan Road. S'pore. 2260, hereby give notice of our intended purchase and change of ship's Name and Ownership of the motor tanker 'SHOEI MARU'. We have applied to the Registrar of Singapore Ships, under
      741 words
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      Page 20 Advertisements Column 3
      606 20 IN THE MATTER OF THE COMPANIES ACT CHAPTER 50 PURSUANT TO SECTION 290<1Xb) OANMARCO HOLDINGS PTE. LTD. At an Extraordinary General Meeting of Danmarco Holdings Pte Ud duly convened and held on the 30th day of September 1988 at 1 Colombo Court #07-18 Singapore 0617. the tallowing resolutions set out
      606 words
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      Page 20 Advertisements Column 4
      72 20 FIECO ENTERPRISE PTE. LIMITED (IN VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 585 North Bridge Road #14-05, Blanco Court, Singapore 0718 on Thursday, 3rd November 1988 at
      72 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
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      Page 21 Advertisements Column 2
      188 21 TIME ENGINEERING BERHAD (Incorporated in Malaysia) INTERIM REPORT 1988 The Board of Directors wishes to announce the unaudited results of the Group and the Company for the six months ended 30th June 1988 as follows: Turnover Operating Profit before tax THE GROUP 1988 1987 $000 $000 20.954 14,208 CHANGE (758)
      188 words
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  • Article
    Norwegian group to set up $18m factory
    446 22  -  Move is part of bid to penetrate Far East market By LILIAN ANG A NORWEGIAN engineering giant. Kvaerner Industrier, is to set up a factory in Singapore as part of its strategy to penetrate the Far East market. It will do this through
    446 words
  • Article
    Lock icon Mulroney calls for general election on Nov 21
    399 22 AP CANADIAN Prime Minister Brian Mulroney, placing his free-trade deal with the United States on the line, has called for a general election to be held on Nov 21. If Mr Mulroney is returned to power with a majority, the free trade
    AP  -  399 words
  • Article
    Trade mission to visit Soviet Union
    115 22 A 16-COMPANY Singapore trade mission will be visiting the Union of Soviet Socialist Republic for five days from tomorrow. The companies are involved in general trading, shipbuilding and repairing, offshore oil industry, engineering and steel fabrication, rubber products, edible oils and industrial chemicals. Mission
    115 words
  • Article
    Lock icon Taiwanese team leaves for Moscow
    146 22 AFP THE FIRST Taiwanese trade delegation to the Soviet Union left yesterday hoping to strengthen bilateral economic ties. Organiser and leader. Lin Tzu-ching, said the private delegation, comprising some 60 representatives from the private sector, is to visit Moscow, Leningrad, Kiev and Minsk during its
    AFP  -  146 words
  • LATE FILE
    • Article
      Lock icon Hirohito in stable condition
      49 22 UPI EMPEROR HIROHITO. who drifted in and out of consciousness during a sudden and massive blood loss on Saturday, battled back to a stable condition yesterday and doctors permitted him to watch the closing ceremony of the Seoul summer Olympics, a palace spokesman said. UPI
      UPI  -  49 words
    • Article
      Lock icon DAP to back independent
      48 22 NST MALAYSIA'S opposition Democratic Action Party will campaign for independent candidate Haji Hamdan Yahya in the Parit Raja state by-election, its acting secre-tary-general Lee Lam Thye said. He denied that there was some form of electoral pact between the DAP and the independent candidate.
      NST  -  48 words
    • Article
      Lock icon Deadline for Burmese strikers
      65 22 AFP BURMA'S military government was set for a showdown with the opposition after warning strike leaders against preventing state employees from returning to work today. Rangoon-based diplomats said. The junta has fixed today as the final deadline for workers on strike since mid-August to get back
      AFP  -  65 words
    • Article
      Lock icon Burma Airways to resume flights
      28 22 AFP BURMA AIRWAYS will resume flights between Rangoon and Bangkok on Wednesday, an official of the national Burmese airline said in Bangkok yesterday.
      AFP  -  28 words
    • Article
      Lock icon Labour Party claims victory
      57 22 Reuter PREMIER John Cain claimed a narrow victory for Victoria's ruling Labour Party in state elections yesterday, though the opposition refused to concede defeat. Liberal leader Jeff Kennett said the result of five marginal seats was still in doubt and could be decided by the large
      Reuter  -  57 words
    • Article
      Lock icon Indian airline to buy 22 aircraft
      35 22 AFP INDIA'S state-run domestic airline Vayudoot plans to purchase 22 passenger planes to overhaul its aging fleet of Avros and Fokkers, the Press Trust of India reported yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon Chad and Libya to resume ties'
      38 22 AFP CHAD and Libya, who have fought for years over a border strip, will resume diplomatic relations within 48 hours after a six-year break, an African source said in Paris yesterday. AFP
      AFP  -  38 words
  • Article
    Private hospitals urged to provide more beds
    393 22 ALL GOVERNMENT acute hospitals will be given full management autonomy "over the next few years" and this will motivate private hospitals to improve their services. Acting Minister for Health Yeo Cheow Tong said management autonomy will give public hospitals the flexibility to restructure
    393 words
  • Article
    Lock icon Newspaper in 'swing state' all for Dukakis
    313 22 UPI THE SEATTLE TIMES, the largest-selling newspaper in Washington State, endorsed Massachusetts Governor Michael Dukakis in its Sunday editions, marking the first time in at least 68 years that it has backed a Democrat tor president. In an editorial entitled "The choice is
    UPI  -  313 words
  • Article
    Lock icon Caribbean group drops trade barriers
    133 22 AFP THE 13 MEMBERS of the En-glish-speaking Caribbean Community (Caricom) have dropped nearly all remaining barriers to intra-regional free trade, said Caricom's Secretary-General Roderick Rainford. The free trade agreement, which was first signed during the 1987 summit of the 13 Caricom leaders, "will revolutionise the
    AFP  -  133 words
  • SATURDAY ROUNDUP
    • Article
      Suharto, Strougal congratulate PM Lee
      86 22 PRIME MINISTER Lee Kuan Yew has received congratulatory messages from Indonesia and Czechoslovakia on the People's Action Party victory in the Sep 3 general election. President Suharto said the government and people of Indonesia extend their "warmest congratulations". He said he was convinced that under
      86 words
    • Article
      Poly launches 'adoption' plan
      137 22 THE Singapore Polytechnic has launched a new programme to help companies upgrade by having them "adopted'' by its staff. Known as the Link Programme, the "adopted" company has the services of a staff member who will recommend how the polytechnic can help the company. The help
      137 words
    • Article
      What unions should do if...
      122 22 TRADE UNIONS should press for full built-in wage increments or wage adjustments when they are faced with those employers who believe in a "flexi-worker" instead of a flex-i-wage system, said Mr Lim Boon Heng, NTUC's deputy secretary-general. Mr Lim, who was writing in the latest
      122 words
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      Page 22 Advertisements Column 1
      465 22 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Two property tycoons put prime residential properties on the market. 2. Broking firms offer perks to retain remisiers. 3. Price Waterhouse/BT survey on information technology. 4. The Philippines accuses
      465 words
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  • SHIPPING TIMES
    • Article, Illustration
      Nedlloyd to deploy another ship in FE-East Africa box trade
      312 23 INCREASED shipments in the Far East-East Africa container trade have prompted Nedlloyd Lines to place an additional vessel, the Nedlloyd Leuve. The 370-TEU geared vessel which is currently servicing its Far East-Central American service, will join the existing vessel, the
      312 words
    • Article
      Authorities launch search for hijacked ship in Manila Bay
      179 23 FILIPINO authorities have launched a desperate search tor a Liberian-flag cargo ship hijacked in Manila Bay. Twenty crewmembers of the 5,330 grt Silver Med and nine other persons had been rescued. However, the fate of a Filipino oiler taken hostage by
      179 words
    • Article
      Lock icon Japanese floating oil base receives first shipment
      184 23 AFP A GIANT floating oil stockpile base in Japan, said to the the first of its kind in the world, has received its first shipment for storage from a supertanker. The base, recently completed after four years' work in the Goto Islands off
      AFP  -  184 words
    • PORT SIDES
      • Article
        Lock icon Vessels grounded
        95 23 Reuter THE 14,896 dwt Ethiopian motor vessel Andinet ran aground 14km south of Ras Shukheir in the Gulf of Suez. Lloyd s Shipping Intelligence said. The vessel was bound for Assab. Ethiopia, from the Tees. UK. Meanwhile, the 11,598 dwt Panamanian vessel Evpo Agfrem was still aground near
        Reuter  -  95 words
    • Article
      Lock icon MacGregor's answer to ro-ro cargo weight system
      678 24 Fairplay THE MAIN attraction of ro-ro shipping is the speed of loading and discharge. Anything which interferes with traffic flows either on the quay or in the vessel slows cargo work and costs money. For this reason ro-ro operators have always accepted declared
      Fairplay  -  678 words
    • Article
      Owners fail to replace ship
      220 24 NEGOTIATIONS to find a replacement for the rejected cruise-ship Aegean Dolphin together with the sale of its operating company South Pacific Cruise Services Pty Ltd have failed and the offices have been closed and stsff retrenched. A spokesman for Lyntex Ltd, which holds 75 per
      220 words
    • Article
      INDEX TO ADVERTISERS
      937 24 A6 Shpg V 5 ABC Contoiner a 1 Accord Shpg VI 3 Adnch Shpg VII 1 Ahrenkiel line' X 4 Alltrons VII 3 AC Toepler s Amencon Tpt XI 1/2 Anro Service IV 2/3 Arrow lines a 5 Anon Ocean XI 4 AttOC Corrioge XI 5 Altai
      937 words
    • Article
      Lock icon Singa Sea's lifeboat found
      148 24 AFP A LIFEBOAT identified as being from the ill-fated Philippines-registered bulk carrier Singa Sea has been washed up on a beach near Perth. Nineteen of a crew of 25 died when the 27,000-tonne vessel broke in two in mountainous seas in the Indian Ocean. Australian police
      AFP  -  148 words
    • Article
      Generous offer for redundancy workers
      153 24  -  -By Kingsley Wood ABOUT 300 Auckland Harbour Board employees who lost their jobs when the port companies take over on Oct 1 received a minimum 30 weeks' pay even if they had only been employed by the board for a matter of months. They also
      153 words
    • Article
      Lock icon Sanko's mounting profits create tensions in trading houses
      302 25 Lloyd's List SANKO STEAMSHIP'S mounting freight market profits have started to create tensions in the Japanese shipping community. Two leading trading houses Sumitomo and Mitsubishi have decided to withdraw a total of five ships from Sanko charter, and others may follow suit.
      Lloyd's List  -  302 words
    • Article
      Lock icon Timber ship grounded
      64 25 Reuter THE 500 tons gross West German motor vessel Biancs went aground at 1340 GMT last Friday at the entrance to Umea. Holmsund. when leaving for Lowestoft with a full cargo of timber. Lloyd's Shipping Intelligence said. Lloyd's said the West German vessel was not leaking and
      Reuter  -  64 words
    • Article
      SHIPSALES
      808 25 TWO 1977-BUILT motor bulk carriers, the Theofllo§ J Vails of 27,470 tonnes dw and the Parakopl of 27,461 tonnes dw, are reported to have been sold to a Norwegian concern for about U556.25 million each, second-hand-tonnage brokers said. Unconfirmed market talk suggests a third vessel may also be involved.
      808 words
    • Article
      Lock icon Gulf ceasefire likely to boost dry cargo market
      205 25 Reuter THE DRY CARGO shipping market is likely to benefit from the ceasefire in the Gulf war as Iran and Iraq start to rebuild. London shipping analyst Susan Holly said. But Holly, an analyst for Lloyd's Shipping Economist, added that the lower
      Reuter  -  205 words
    • Article
      OECD to hold meeting on sea transport
      181 25 THE Maritime Transport Committee of the Organisation for Economic Co-operation and Development (OECD) is meeting in Australia to discuss various international issues, including sea transport, world shipping competition and the UN code of conduct for ocean liner conferences. The three-day meeting, which begins
      181 words
    • Article
      UK yard receives four bids
      88 25 FOUR PRIVATE bids have been made for a troubled subsidiary of state-owned British Shipbuilders (BS). the Financial Times newspaper said. BS made no comment over the bidding for its North East Shipbuilders Ltd (NESL) in Sunderland. northeast England. But the paper said three companies and
      88 words
    • Article
      LONDON FREIGHTS
      1290 30 ACTIVE chartering of vessels on Thursday for periods ranging from one to five years suggests that charterers view long-term prospects ss fairly bullish, shipbrofcers said. The business included a 129,000 tonner from the Atlantic for three years at US$l3,lOO daily with option of a further year at $14,100
      1,290 words
    • Article
      SHIPPING LIST where your ships are due...and when
      6247 30 > nnm n Ned Oepma ScinOulcM Oct J Palembeng CHaaagafri Oct M Fen He China Oceer Oct S Ever Going. Ewgratd Oct 5 Kamekura Triet. Oct 9 Luna Maarak MeerM Lme Oct 9 City of Edinburgh Triot Oct 9|PK). Ming Comton Yang
      6,247 words
    • Article
      SHIPS IN PORT
      1304 30 AT CONVENTIONAL WHARVES I > B#rtf i Arrival D«p*rhir« KEPPEl WHARVES AH S»'*ofl«»> KI5 03lQi>200 06 <***** Ftytng Eagl* U2 OkMQM* 04 <0/1500 Hort<m* cw alOAfbd* 03 *****0 us olon^ud* *****(00 H*glO| Oft OtOn^iad* 04 *****0 JKXV Kwi Soon It «n alongvd* 07 10/2330 K23 ckm91.de 03
      1,304 words
    • Article
      Who acts for whom...
      2032 32 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). AlKrans Alltrans Express. American President
      2,032 words
    • Article
      Australia-N America rate war ends
      319 34  -  By KINGSLEY WOOD THE FREIGHT WAR in the AustraliaNorth America meat trade has ended with ABC Containerline announcing a gradual return to maximum freight rates and services conditions. This means that from the first October sailing the old rates will apply and containers will be
      319 words
    • Article
      CONSORTIA
      164 34 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (Straits/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      164 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      719 23 A TINES ro»; STP Distributors OOCL jDedicafed to Qualify Service k lianiiii uMMfI uaarici w jAnuwc mfrm mcmxs 200 Contonmont Rood. #12-05 Southpoa* Smgaport 0200 MM TN: *****11 Trim RS ***** Foam* *****09 TEBMIWLCfS T* J*****8 J*****9 *****20 M FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS Tot *****3 M Jarciines PORT
      719 words
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      Page 23 Advertisements Column 2
      130 23 ■INSIDE THE MAIN ottroction of ro-ro shipping is the speed of loading and discharge. Anything which interferes with traffic flows either on the quay or in the vessel slows cargo work and costs money. For this reason ro-ro operators have always accepted declared weights for trailers rather than have them
      130 words
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      Page 23 Advertisements Column 3
      742 23 THE SPECIALIST IN: e Wire Rope Sings e Lathing line SERVICE ALL THE WAY CY 5/10 2300 MPS CFS S/10 1300 MRS «10 M Mondo 14/10 To Furop*- UK Scandinavia Finland 26/10 26/10 26/10 2S/1C 27/10 4/11 VII 2/11 1/11 4/11 6/ii a/ii 9/11 a/it 6/11 15/11 »«/11 16/11 15/11
      742 words
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  • Page 24 Advertisements
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      655 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/! ANTWERP KAMAKURA CITY Of EDINBURGH CARDIGAN BAY TOKIO EXPRESS HAMBURG EXPRESS 1/11 20/10 31/10 4/11 11/11 ALSO ACCEPTING CARGO TO" ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AAftHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN ft S. AMERICA CONTAINER
      655 words
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      Page 24 Advertisements Column 2
      17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 24 Advertisements Column 3
      385 24 POLISH OCEAN LINES 5 Optcrg Shipping Pte Ltd y r p ft Jig war! 2} Tetei »S ;i7SS Pe'j t ,j,j 'S6>TS93 's'j6C3 f >> VSiiM Pyra-, 6;r<: KACON wm (FUU.Y COMTAWERtSED SERVICE) r^n T*rfi nszx mt $ff tig MS* 3 U.O EUMPt VBKL SMCtfO P. MIEJUEJEWSHI *25 WO next
      385 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1229 25 £2 The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers contaTner service to ul^ntinentT) Also Accepting Cargo For: Hiin>nii C»»nNmi>. Atrhu*. I CONTAINERSHIP SERVICE FROM UK/CONTINENT: HAMOUW exphess LONDON EXPRESS KNALDCR K USA MA MARU KNAVON OSAKA BAY H'bur| rhtvtn »'d»m SkM SnM S«M SmM S«M S»M SnM
      1,229 words
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      Page 25 Advertisements Column 2
      634 25 !SI C S AV Car-;- j s j SudArrer c.mac I jccres S A TO/FROM CHILE FEEDER VESSEL CSAV 1 CSAV 2 CSAV 3 spore w» 21/10 22/11 ■OTHER VESSEL HK TOKO AJMCA KK ANTOTVALP SAI ■elabpus v.mm Hl* an* «u 12/12 ARAUCO V.MSi 1/U M/U 17/12 2*12 22/12 S/12
      634 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      527 26 HXSINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore 6/10 Loading for: BANDAR ABBAS TTyowT KYOWA LINE I. PACIFIC VIA HK AND/OR YOKOHAMA (JPN) SUBJECT TO IMDUCEMENI MOTHER VSL HK YOKO L KYOWA VIOLET V.ZI 2/10 14/10 V KYOWA HIBISCUS V.33 1/11 11/11 DO MICRONESIA
      527 words
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      Page 26 Advertisements Column 2
      724 26 HC.&.L.INE F FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUEZ A Member ol thf Ace Consortium Mill* CONIAINIR.SEO 10 fROM NOR'H AMfRICA AfS: -OSii St F OS/MOTHER VESSEL KBK 138/HANJIN KWANGYANG 49E KBK 138/ KOREAN WONIS iIN 79E ACD ISf.HANJIN BUSAN ME ACO 16£, KOREAN WONIS SUN 74C KM 61E/HANJIN POHANC
      724 words
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      Page 26 Advertisements Column 3
      362 26 FREIGHT LINKS EXPRESS PTE LTD I 0 ill 'J *4 SERVICE T JAKARTA ETA 14/10 A 7/10 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 8/104 21/1 AUSTRALIA/ NEW ZEALANO SYDNEY, MELBOURNE FREMANTLE Also accepting to Darwin AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA, FELIXSTOWE, LONDON, ANTWERP Also accepting to: Scandinavian European
      362 words
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      Page 26 Advertisements Column 4
      1271 26 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCP HKC KSC KLC PUS OSK TYO C*T llflO ISflO um IVU GIFTED In ft *10 *M *M 1100 1500 11 EVER GLAMOUR ffll WV I 2« 14/tt IHi WM 23 EVER GOLDEN IVIO 11/10 2*lo B/U H/U MfU 31 cvcr globe
      1,271 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      843 27 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE SIN M PT 4/10 •no 7/10 7/10 0/10 BKK 5/10 7/10 0/10 10/10 10/10 12/10 VOV VESSEL JCNUMK
      843 words
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      Page 27 Advertisements Column 2
      588 27 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT STON NAM MAVtN ROAM MAWI 21/1» ftll 2V V 0 2VW 77 M n/n jvm zim Mm urn Pit aio ji w n/M 2/11 i/ii mi vii mi m mi mi u/u urn u/ii Mrtl 12/11 14/11 14/11 lt/U M/ll M/ll
      588 words
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      Page 27 Advertisements Column 3
      530 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE PALEMBANG/10WB S PANJANG/20WB MATARAM/22W8 ANTWERP H'BURG/ RDAM/ADAM BREMEN 4/11 9/11 21/11 25/11 14/12 19/12 Sublet to Inducement. Also accepting cargo to Casablanca, Port Said, Port
      530 words
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      Page 27 Advertisements Column 4
      360 27 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon s'pore P.Kelang Penang Bangkok BANK LINE tt SEMI CONTAINER SERVICE NORTHBOUND TO UKC TAUSALA SAMOA VI3N MORAYBANK V6N CLYDEBANK V24N SPORE RDAM HULL HMBC SM 29/10 2/U S/ll 26/10 24/11 21/11 1/12 19/11 11/12 22/12 2S/12
      360 words
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  • Page 28 Advertisements
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      835 28 Q KAWASAKI KISEN KAISHA. LTD. 'K'link ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE N. AMERICA-ATLANTIC COAST VOY *INDO 11 3/10 •PK/PNG SGP 4/10 6/10 11/10 13/10 lt/io 20/10 25/10 27/10 N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST FEEDER VESSEL KOREAN CHANCE ACE CONCORD ORIENTAL CHIEF TRANSWORLD BRIDGE EUROPE
      835 words
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      Page 28 Advertisements Column 2
      700 28 EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers S<npport P Kaianf Ptnanf Loa AALIDAS 39 TULSIDAS 38 KALIDAS 40 TULSIDAS V 39 By Faodr By Faadar I Oct I Oct Fram/MMb/S»dn/Adel I No. I Nov Fr*m/tMb/S|dn,AM 27 Mm 21 No* F'tm'kMb'Srdn.Adal 21 Dk 21 Ok Fram/MMb'STdn/Adal INDIA EXPRESS CONTAINER SERVICE AeetpUnfl FCL/FCL
      700 words
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      464 28 UUJUJUUAUUUI P.T PtRUSAHAAN PEUYMIAN KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTINATION NIAGA XXI Voy 20/S8 4/5 Oct iarfcarta/Palemtoang NIAGA XXXXII Voy 15/10 7/0 Oct jakarta/Palembang NIAGA XXII Voy 19/00 10/11 Oct Jakarta/Palembang 1 NIAGA XXI Voy ZW 13/14 Oct Jakarta/Palembang NIAGA XXXXII Voy li/00 17/11 Oct Jakarta/Palembeng
      464 words
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      Page 28 Advertisements Column 4
      361 28 VM Mat 22 at. vna t/lt 7/10, 14/10 4/10. 1/1# I PHIU OniCNT LIN€S PTC LTD Hf AO OFflCt 63 ROHNSON ROAD -07 12 AFRO ASIA BUILDING SINGAPORE 0105 TELE* RS ***** PHILI fA* *****76 EAST/FAR EAST Fft i IXI SERVKf ETA SINGAPORE DESTINATION DUBAI DAMMAN, KUWAIT. BOMBAY. DONA. MUSCAT.
      361 words
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  • Page 29 Advertisements
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      990 29 \\NEPTUNE ORIENT LINES LTD FMEAST/EMOPf FULLY COWTUffKHBtD SERVICE TO EUROPE/UK (VIA SUEZ): piuum sport I Havre NEPTUNE AGENCIES PTE. LTD F! EUiAUST TPA/SEA General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 27*1H 27*111 NEPLINE SDN BHD 368M7 i??? NEPLINE SDN BHD. *****33 NEPLINE SDN BHD *****5/*****0/*****1****** NEPLINE
      990 words
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      Page 29 Advertisements Column 2
      471 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. KEELUNG, BUSAN. INCHON STRAITS/KOREA SERVICE WEF JUNE 1) BUSAN SINGAPORE 10 DAYS SERVICE It SINGAPORE/ KEELUNG SERVICE!! ETD BS S PORE PKELANC KEE NO DON AM/DM 71/0) NO I OONAMUXN 2MB •DRACNET/KBN 07,10 GLORIA/MM WIO NO 9 DON
      471 words
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      Page 29 Advertisements Column 3
      1090 29 r 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 ***** TtMmmm m wri A||f 2 s "A" 01 SYS CO SON MO Cables- JAYAPOH PENANG, Ti(.
      1,090 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      190 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 lmes> FAX *****39/*****76 TELEX RS ***** A B SSCMA, RS ***** A/B SSCAD DSR-LINES l VEB DEUTFRACHT SEEREEDEREI ROSTOCK <1 j| INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA LARNACA ACCEPT MG CMOO FDR— LMAS3OL,
      190 words
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      Page 30 Advertisements Column 2
      78 30 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN "Weekly LCL lerviccs to Koohtiunf. Keelung, Tokyo. I Kobe Alto calling Shimizu FCL ony FROM JAPAN vessel SOVEREIGN ACCORD Vl4 ISM CONTINENT VI4 HERMES ACE Vl4 KA6UKI Vl4 SOVEREIGN ACCORD VIS 21/10 SHOFUKU AGENCIES (S) PTE LTD TEL:
      78 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      503 31 FARGO SHIPPING Tel:aS4 01S2 REGULAR EXPRESS fCI LCI SERVICE DESTINATION BANGKOK PORT KELANG, PENANG HONG KONG KEELUNG, KAOHSIUNC MANILA JAKARTA TOKYO, KOBE. BUSAN KARACHI. BOMBAY. COLOMBO ETA SINGAPORE JARU BHUM SIRI BHUM PIYA BHUM KITI BHUM KIT! BHUM 10/10, 17/10. 26/10 5/10. 10/10. It/10 9/10, 16/10. 23/10 6/10, 13/10 S/10,
      503 words
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      Page 31 Advertisements Column 2
      258 31 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fax: *****61 Tlx ***** CSPFRT i¥ftri ?WiTH »7A Ifilkl LCL FIXE S s u Spore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore S'pore
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      Page 31 Advertisements Column 3
      781 31 < CFS CRYSTAL FREIGHT SERVICES CRYSTAL WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 6/10/88 AUSTRALIA MELBOURNE/SYDNEY 9/10/88 FAR EAST WJ BUS AN 6/10 BANGKOK 5/10 HONG KONG 7/10 KEE/KAOH 9/10 CALL BOOKING HOTLINE FOR BEST RATES 2 2 3 3 12 2 TEL *****88 TELEX ***** CFSIN FAX: *****88 PAKISTAN NATIONAL
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      Page 31 Advertisements Column 4
      237 31 r, Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct caM to other ports subject to inducement (also accepting transhipment cargo OROBA Y. MADANG. KIETA. WEWAK KIMBE. RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Tel: *****77, *****34, *****71 omcL m marine sorvtccs pte ltd. Tel amw MALAYSIA
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      Page 31 Advertisements Column 5
      248 31 TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 n r IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR mi SINDBAD 15/10 Japan MV ALRA2I 20/10 Japan WEST BOUND SERVICE ETA S'PORE 10/10 ETA S'PORE LOADING FOR SILVER EAGLE
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      648 32 m FINE-LINER SHIPPING PTE LTD /O Shenton Wiy 04 0?C Mirim Housr S po'p 0?0' TFL ??b9O/7 (8 1 .nes) TLX RS ??MI FLINER FAX ??5?8% EUROPE SERVICE (FCL LCL) jn wi mi a/u tu vu Ml i IMl" i i I ill I. Mi mi *u am tm i/u
      648 words
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      Page 32 Advertisements Column 2
      713 32 ZIM rUU CONTAINER SERVICE acca*in| FCL/ICL urgon to USA E*st i Wwt Com! V Honfew MiwwUPini Ecuador Coiombu via Hum Trinidad. Barbadot. Antifua Si ii.V 'I SAVANNAH SAVANNAH AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO AKLAIOC VIA MELBOURNE AND ALSO FCI TO SUAM ■Jing^nrTn^iiT ETH ALX 3/10 22/11 0/10 2400 %na
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      Page 32 Advertisements Column 3
      382 32 Everett Lines •4V. iMiii.itaii mm sfi™ CPV THROUGH BILL OF LADING TO FINAL DESTINATION. P. Ktiani goppora MANOLOCVERETT Q* K2IM Oct JOHNEVERETT M Oct 7/1 Od MURRATEVERETT 13/14 Od EVERETT ORIENT UNE" I JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA. KOBE. NAGOYA, MOJI, TOKYO* AND OTHER JAPAN PORTS* ALSO ACCEPTING
      382 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      454 33 JEURO AFOHAN IRANIRAQ SERVICES TORGHUNDI. HAIR AT AM, KABUL, TEHRAN, DiULFA A BMHPftR JEURO EASTERN BLOC SERVICES EEZHI HUNGARY, POLAND. ROMANIA, ISTANBUL BULGARIA, AUSTRIA, YUOO, CZECH, L BERLIN A AU INLANO PORTS SEABRIOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK, HAIL RT*. L HAVRE, ANT,
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      Page 33 Advertisements Column 2
      224 33 Consolidation Service PAPUA NEW GUINEA SIN: 7/10 PT MORESBY/LAE PACIFIC ISLANDS SIN: 23/10 NOUMEA/PT VILA/SUVA/ 13/10 PAPEETE MAURITIUS REUNION ISLAND SIN: 7/10 PORT LOUIS/REUNION TRANSTAINERS delmas-vieueux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/ÜBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/N OUAGADOUGoU/BANGUI/KINS TTA Freight Pte Ltd Tel: *****55 tlx rs ***** JAVELIN SHIPPING
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      Page 33 Advertisements Column 3
      389 33 .s t JENWEL V.84N H JENHOL V.86N JAKARTA JAKARTA DESTINATION ETA S PORE BANGKOK 6/10 PORT KELANG 10/10. 17/10 HONG KONG. CHINA PORTS 8/10. 11/10 KEELUNG. KAOHSIUNG 4/10, 18/10 MANILA 9/10. 16/10 BUSAN 6/10. 15/10 KOBE. TOKYO 5/10, 12/10 SYDNEY. MELBOURNE. ADELAIDE. BRISBANE 7/10, 18/10 ALSO ACCEPTING CARGO TO E
      389 words
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      Page 33 Advertisements Column 4
      501 33 TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* TIMER ST Aft V-12K CLOUT SELATAN IX VOT 71 1/10 m 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN. TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA
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      Page 33 Advertisements Column 5
      346 33 PTC CONfAINER LINtS fCL ICI Stfil/ICI 10/10 KEELUN6/KAOHSIUNG 7/10 BANGKOK 3/10 MANILA 6/10 JAKARTA 8/10 PORT KELANG/PENANG 6/10 BUSAN 10/10 TOKYO/YOKO/KOBE 8/10 HONG KONG ato acta ptirw cargo to Huangpu/Shanzhen/Fusiou/ Xiamen/Xinpng/Shanghai 6/10 RDM/HAM/ANT/LE HAVRE/GENOA 6/10 LDN/FLX/LVP/SOU 9/10 LA./NYC/SFO 9/10 VANCOUYER/TORONTO/MONTREAL il7Z■'.A t'V*. 8/10 SYD/MELB/ADEL/FREM 7/10 AUCKLAND/WELLINGTON \!1:a I 10/10 P.
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      362 34 Hai Sun Hup Co (Pte) Ltd Ig i_ ?,>O-l<»06 (20 Lines, TLX MS ***** RS 206/2 ft Senboku 29/10 IAI Tokyo •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG,. TAIWAN t CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE SPORE PK TARPON SCALANE NT SM m. m- jvm
      362 words
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      Page 34 Advertisements Column 2
      206 34 pj|M""Vr FOR RELIABLE AND FASt TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/eULF/CANADA*OCICO AND FRENCH WEST INDIES I d nco. ocjmu ne »t am I SUtU V3S 10/10 27/10 SEIAROIA V3C Wit 1/U ETA SPORE I LOADING BREAK BULK FOR MARSEILLES, ALGECIRAS, LA PALLICE 20/10 I LE HAVRE AND ANTWERP Also
      206 words
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      Page 34 Advertisements Column 3
      239 34 w P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTtoRE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO JKT. PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL. *****54/*****70 VSL PUL ADIL MANDIRI PUL ADIL MANDIRI VOY SIN
      239 words
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      Page 34 Advertisements Column 4
      634 34 I I WJU, mmm CALL US AT: P. KELANG PENANG J. BAHRU P. GIIDAMG SINGAPORE I K. LUMPUR *****3/*****11 ansa 07-***** E'SiS; 5U375 5 ***** *****1 02-*****22 *****0 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE wrr~T~~ tt—; v -T- i ii.' rs7l ~rr if*"** Tr> TT7I an aai TO EUROPE FIEOU Ij.T.-lji.TTv:
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      143 34 Regional Weather a m r> 9 K I n 1 i: w 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.MAJI.THM R Thun«terstorm c i Weother WrxJ dvection with speed n knots R l W Cloudy Sky Surface win* or* mdicoted fcy lw—l wtocfc ffy «ntk rtw wind Onm Kit cede
      143 words