The Business Times, 11 October 1988

Microfilm: NL16262
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, OCTOBER 11, 1988 7* PF.NTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    272 1 AFP Dow up WALL STREET stocks stayed little changed in early trading yestsrday. Traders said investors wsre mostly staying out of the market on a holiday in Japan and a semi-hol-iday in New York with banks and the US bond market closed. Trading was slow. The Dow
    AFP  -  272 words
  • Article, Illustration
    Singapore shares up on sustained buying
    217 1 SHARE PRICES on the Singapore, stock market closed higher yesterday on bargain-hunting following Wall Street's 42-point gain last Friday. The Straits Times Industrial Index rose 12.63 points to 1,015.90 on sustained buying. Dealers reported that investors were further encouraged by the rally in the
    217 words
  • Article
    US$ continues to fall
    99 1 THE US DOLLAR fell below its key support level of 1.8580 West German mark in Europe yesterday morning, still undermined by last Friday's US employment data which allayed inflation fears. In London, the US unit began at 1.8545 marks, down from 1.8625 marks at the close
    99 words
  • Article, Illustration
    Suntec shareholders to set up companies here
    540 1  -  By LEE HAN SHIH FIVE MAIN shareholders of Suntec Investment, the Hongkong billionaires' investment club, will set up individual companies here to channel their funds into Singapore. The companies will be used to transfer money into Suntec in the event that it is
    540 words
  • Article, Illustration
    KIO launches takeover of First Capital Corp
    609 1  -  Bid for 51 pc of FCC at $1.50 a share By CORRINA LIM THE KUWAIT Investment Office (KIO), through companies in Hongkong and Singapore, is launching a takeover bid for First Capital Corporation. Through Hongkong-listed Dao Heng Holdings, of which KIO is a
    609 words
  • Article
    Lock icon 'US-Manila bases pact imminent'
    170 1 AFP US AND PHILIPPINE negotiators have reached a compromise on a new military bases agreement, and a pact could be finalised in a week's time, a senior Philippine official said yesterday. The official said that the chief Philippine negotiator, Foreign Secretary Raul Manglapua, had postponed his
    AFP  -  170 words
  • Article
    Lock icon Kaufman expects mild US recession within two years
    337 1 Reuter LEADING PRIVATE economist Henry Kaufman said a small US recession was inevitable within the next two years and the next president should mitigate it by gradually cutting spending and avoiding large tax increases. Mr Kaufman, who heads a Wall Street financial
    Reuter  -  337 words
  • Article
    Lock icon Convertible rouble gets the nod
    108 1 Reuter THE SOVIET Politburo has endorsed the idea of making the rouble convertible into foreign currencies. Eventual rouble convertibility was part of a government draft strategy for the Soviet economy approved by the Politburo at a meeting last week. Tass said. The draft plan envisages
    Reuter  -  108 words
  • Article
    Inno-Pacific proposes rights and loan stocks to raise up to $57m
    498 1  -  By MAGDALENE NG INNO-PACIFIC Holdings Ltd (IPH), formerly Kentucky Fried Chicken (S) Ltd, has proposed a rights shafo and loan stock issue to raise up to $57 million to finance a series of acquisitions, confirming an earlier BT report.
    498 words
  • Article
    Study on Changi Airport privatisation
    141 1 THE PRIVATISATION of Changi Airport is being studied by consultants recently appointed by the government. Communications and Information Minister Or Yeo Ning Hong said on Sunday when he opened a conference on commercial aviation in the Pacific Rim. Dr Yeo said the consultants would start
    141 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      102 1 Nikon The World's Finest Photographic System. !5 I Happy Hours are now Doubly Good: Order one drink by the glass receive one free. Or have a free pint on us for eveiy quart purchased everyday. Enjoy! After Bpm get 10% off eveiy bottle purchased. Showtime Swimwear Fashions every Monday Wednesday
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      Page 1 Advertisements Column 2
      232 1 Full report, PAQE 16 Regional mfcts, PAQE 18 Editorial Comment: 10 It's worth the walk up there Auatralia 10 Hot demand for stock analysts Home Newt 2 Grants doubled for critical-skills training; Datatrend disclaims all responsibility for ad Foreign News: 4, 5 Probe into Zia's death points to sabotage; Mulroney
      232 words
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      Page 1 Advertisements Column 3
      37 1 Tlm« bomb bonoath pillars of conftdonco, PAGE 11 Cartier v kymu\fi6*Cartier Pbn ky mu/f de (a/iier Boutique/ SINGAPORE 01 36. Lucky Plaza. 304 Orchard Road Tel *****27 #01 -04. Hilton Shopping Ga*ery, 581. Orchard Road Tel *****95
      37 words
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      Page 1 Advertisements Column 4
      17 1 Nikon The World s Finest Photographic System H Liberalisation of ulaMoii Industry In tiM offing, PAGE 3
      17 words
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  • HOME NEWS
    • Article
      Grants doubled for critical-skills training
      410 2  -  By SHOEB KAGDA THE SKILLS Development Fund is to double the grant for employers training workers in emerging and critical skills. Under a new scheme announced yesterday, the SDF -will fork out: e $4 an hour for each trainee for in-house training pro--grammes carried out
      410 words
    • Article
      Making Singapore the garment technology centre for S-EA
      203 2 THE Sewing Machine Trader's Association is organising an exhibition of machinery for the garment industry in a bid to qjake the Republic the garment technology centre for Southeast Asia. The Asia Apparel Machinery and Accessories Exhibition will be held at the World
      203 words
    • Article
      'Reduce material costs to keep competitive edge'
      167 2 SINGAPORE can improve its dbmpetitiveness by reducing material costs which make up about 80 per cent of the manufacturing sector's total production cost, said Eugene Yap, Senior Parliamentary Secretary (Trade Industry and Environment). F* "There is thus a need to (jpntinually upgrade our
      167 words
    • Article, Illustration
      SBS buys 200 bus chassis
      375 2 SINGAPORE Bus Service (SBS) yesterday announced that it has bought 200 units of Nll3 CRB single-deck bus chassis from Scania for $28 million. Josephine Tan, SBS public relations officer, told BT that buying buses in pieces works out to be cheaper than buying them in
      375 words
    • Article
      Curb on circulation of Asiaweek being eased
      359 2 THE circulation restriction of the Hongkong-based Asiaweek magazine is being eased to 5,000 copies from 500 copies weekly from this Saturday. A government statement, issued by the Communications and Information Ministry yesterday, said the decision followed an assurance by the weekly publication's editor-in-chief
      359 words
    • Article
      MEMO PAD
      486 2 If!Seminars and fWi 7m CAHNERS EXPOSITION GROUP 1 1 Courses JL Tel: *****13 Tlx: RS ***** CEGSP Fax: *****66 J Oct 24-28 The Allen Manager's SIM Conference Singapore *****66 Seminar Room Institute of Monogement Oct 24 An Introduction to Singapore Employment Low Hotel Equatorial Singapore Institute of Monogement
      486 words
    • Article, Illustration
      Datatrend disclaims all responsibility for ad
      471 3  -  By WILLIAM CHIA COMPUTER COMPANY Datatrend, sued for claiming to be an exclusive distributor for Toshiba, the Japaneee maker of electrical and electronic goods, is attempting to blame it on the publishers of the Yellow Pages. Data Dynamice, Toshiba's sole distributor for office automation
      471 words
    • Article
      Data Dynamics latches on to a growth industry
      414 3 DATA DYNAMICS, the sols distributor of Toshiba offics automation equipment, sxpscts sales of $43 million this ysar, up from $8 million last ysar. In 1065, ths company's turnovsr was just $4.8 million. John Lss, ssnior msnagsr, said this justifisd ths company's dscision
      414 words
    • Article
      Chinese chamber meets Malaysian counterpart for discussions
      261 3 MEANS to help Singapore companies invest in Malsysis's manufacturing industry came under discussion yesterday between Chineee businessmen from both sides of the Caueeway. Other topics which the buelnessmen discussed included the labour shortage in Singapore, other areas of investments and possible joint ventures,
      261 words
    • Article
      Liberalisation of aviation industry in the offing
      398 3  -  ■y MARTIN SOONG PRIVATISATION FEVER and the booming tourist trad* In the region are the twin sparks which will ignite the so far gradual process of aviation liberalisation in the Asia-Pacific, said Singapore Airlinee' deputy managing director (commercial). Michael Tan, yeeterday. These trends,
      398 words
    • Article
      One more for the high seas
      145 3 SINGAPORE'S potsntial cruiss msrkst has prompted ths sst-ting-up of snothsr company to provids luxury cruises to ths Southern Islands. According to Robert Yeo, the genersl msnagsr of Island Cruisss (S) Pts Ltd. ths currsnt emphasis on watsr rscrsational activitiss and ths stsady growth in
      145 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      89 2 A Strong 80nd... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Discretely enhanced with your company name or logo, engraved or with a medallion, it will soon become indispensable a lasting
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      Page 2 Advertisements Column 2
      101 2 41 [df 9 v t U" Once in a while, bask in the gentle charm of traditional Japanese courtesies. i f Dine on the finest cuisine amidst treasured keyaki woods. Once in a while... price does not matter... at Edogin Japanese Restaurant. A tyteiM. JefttoiyAk* Between now and 15 November
      101 words
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  • Page 3 Advertisements
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  • ASIA – PACIFIC
    • Article, Illustration
      Lock icon Probe into Zia's death points to sabotage
      518 4 Flight lieutenant under suspicion, says magazine Agencies INVESTIGATORS probing the airplane crash which killed Pakistani president Mohammed Zia ul-Haq are focusing on a flight lieutenant as a possible saboteur. Time magazine reported in its latest issue that according to circumstantial evidence, a flight
      Agencies  -  518 words
    • Article
      Lock icon Karachi business leader calls for easier credit
      191 4 Reuter A KARACHI business leader has pleaded for measures such as easier credit to help economic activity hit by rioting in southern Pakistan. Mohammad Younus Bandukda, president of the Karachi Chamber of Commerce and Industry, said in a statement that sales had slowed
      Reuter  -  191 words
    • Article
      Lock icon Tourism boom filling up luxury hotels in Philippines
      199 4 AFP PHILIPPINE luxury hotels enjoyed an average room occupancy rate of 73 per cent in the traditionally lean month of September due to a tourism boom, Manila s Business World newspaper said yesterday. The rate was up by about 10 points from
      AFP  -  199 words
    • Article
      Lock icon Manila to buy satellite data from French firm
      193 4 AFP THE PHILIPPINES intends to purchase satellite data from a French space exploration firm to monitor changes in topography. The National Mapping and Resource Information Authority (Namria) said yesterday it would buy data from the SPOT international organisation, a Frenchcontrolled firm which
      AFP  -  193 words
    • Article
      Lock icon No privatisation in China: official
      68 4 AFP CHINA will never privatiae its state-owned enterprises or seek to combine public ownership with a commodity economy, the New China News Agency (NCNA) quoted a Communist Party official aa saying on Sunday. Wang Wetcheng, deputy head of propaganda in the central committee, said China
      AFP  -  68 words
    • Article
      Lock icon Kabul jittery as Soviet retreat deadline nears
      415 4 Reuter ROCKET ATTACKS and supply shortages are making residents of Kabul jittery, but most diplomats expect Soviet troops to leave Afghanistan ahead of schedule. Four months before the promised departure of the last of the Soviet troops who have supported the government for
      Reuter  -  415 words
    • Article, Illustration
      Lock icon Taiwan warns China against attack
      196 4 AFP PRESIDENT Lee Teng-hui warned China against any attempt to invade Taiwan as the armed forces of the Nationalist island demonstrated their military might yesterday to mark national day. "Although militant Communist China is plagued by internal struggles and plight, it has never given up
      AFP  -  196 words
    • Article
      Lock icon Life with Indian 'peacekeepers'
      442 4 AP ONE YEAR AGO yesterday, Indian peacekeeping soldiers landed on Sri Lanka, seeking to end Tamil rebels' struggle to carve an independent nation in the northern and eastern provinces. Once regarded aa heroes, they now have become the enemy. "When we saw the Indian troops arrive
      AP  -  442 words
    • Article
      Lock icon 'Vietnam, US heading for diplomatic ties'
      166 4 AFP US-VIETNAMESE cooperation in th« search for Americans missing in action in the Vietnam War is leading toward diplomatic ties between the two countries, Vietnamese Foreign Minister Nguyen Co Thach has said. "The cooperation is better than ever before on both sides,'' he said
      AFP  -  166 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      86 4 Quality never goes out of style. That's why at Nutmegs* you can relax in Art Deco comfort, and listen to good old jazz. All served to a different menu every day of the week. A changing selection of the best from our chef, including live seafood, a buffet lunch spread,
      86 words
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      Page 4 Advertisements Column 2
      86 4 FOR LEASE New flatted factory strategically located near the junction of Little Road and Upper Paya Lebar Road 5 floors totalling 41,000 sq ft Typical floor approximately 8,259 sq ft. Each floor with square configuration and wide column to column span for easy interior layout. A new building of modern
      86 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      58 4 Doonesbury vwnmsocm. tmatS DIRECTOR IS PUTTING QWTEAWNAMO, fT MILDU/, EH, SKIPPER johmoN. rS m I DO YOU KNOW SH& WORKED OUT THEME PARTIES FOR BMSRY DAY OF THE WEEK* AND SHE HANDLES ALL THE DETAILS HERSELF! RJGHT NOW SHE* DOWN BELOW PICKING, OUT EACH OF AMT? BY GARRY TRUDEAU >x
      58 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      54 4 ro 19/12 Hazo 13/10 dm 25/12 Otor 34/27 Otor 31/25 Ooor 30/25 Cloudy 24/12 Ootid? 27/22 Sunny Singapore OUTLOOK: tliawara avar many f In *w •o 7.30pm on Oct 10 «t 29/16 Cloudy 16/08 Cloudy 33/24 Show#n 19/13 Cloudy 23/10 Cloudy 11/08 Cloudy 31/18 Cl*ar 27/09 Cloor 32/32 Sunny 18/09
      54 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Pinochet's wife may run for presidency, reports paper
      295 5 AFP LUCIA HIRIART, the wife of General Auguato Pinochet, may be nominated to replace her husband aa Chile's president. The newspaper La Tercara reported on Sunday that Mrs Pinochet's presidential campaign will be headed by an organisation called Missionaries of Pinochet, formed
      AFP  -  295 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      967 5 ARRIVALS Operator Sorvlco Local From numbor tkn* ACA ACS 84 0725 YYZ/YHZ/ 8RU/DX8 MAS MH640 0620 KU SVA SV398 0835 JED/RUH SiA SQ417 0845 DX8/KHI MAS MH651 0910 PEN MAS MH630 0920 KUL ACA AC888 0925 YYZ/LHt/BOM SIA SQI03 0950 KUL CM CX710 0955 CGK CAL CI
      967 words
    • Article
      Lock icon Yugoslavia may impose state of emergency if unrest continues
      308 5 Reuter PRESIDENT Raif Dizdarevic told Yugoslavia's 23 million people on Sunday that currant political unrast could lead to a state of emergency being imposed. But as he spoke in a radio and television address, protests continued around the country over economic
      Reuter  -  308 words
    • Article
      Lock icon Ethiopia plans more economic reforms
      288 5 Reuter ETHIOPIA plans to boost private investment, reform taxes snd pay more to its coffee farmers in a further relaxation of its rigid socialist economy. Planning Minister Mersie Ejigu said the projected reforms followed a review of several areas of economic policy. Further measures would
      Reuter  -  288 words
    • Article, Illustration
      Lock icon Mulroney goes all out! for trade mandate
      510 5 Opposition parties campaign against US deal AP CANADIAN Prime Minister Brian Mulroney is leaving little to chance while he campaigns for a progresslvs Conservative Party victory and for implementing a free trade agreement with the United States. His opponents in the heated three-way
      AP  -  510 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      59 5 fI 1/ I Ifl 1i The business person's choice, every I f II 111 1 Tuesdoy, Thursday, Saturday and I 1 1 aI \l II I Sunday. Leaving Changi Airport at I I 1 A V 22:05 hours and arriving at Lester B International Airport the following day Call your
      59 words
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      Page 5 Advertisements Column 2
      60 5 see*?* J?: /eft "j i r tf* ±£2 l 3P' Stroctura Gents. Model ***** 18k gold, roman numerals with crocodile strap: manual Recommended retail price: $14,000 A i •A ■>r\. M t.%n Exclusively at ROY EASTERN WATCH JEWELLERY PTE LTD TEL: *****35.*****36 □CORTINA WATCH CENTRE PTE LTD TEL: *****81.*****84.*****85 THE
      60 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      832 6 SINGAPORE: The US dollar yesterday closed lower against most major currencies. Against the Singapore dollar, the US dollar closed softer at 2.0350/60 in lacklustre trading. It traded within a range of 2.0355 and 2.0362. It opened initially at 2.0355/65. The dollar fell to 1.8540/45 marks from New York's
      832 words
    • Article, Illustration
      Asian dollar market
      237 6 ASIAN DOLLAR deposit rates ended steady at lower opening levels yesterday, after quiet trading. Term rates weakened 1/16 to 1/8 point at the outset. Thereafter rates were unchanged. Indicate* Im iwm of u>f prim# wnoing rnti 01 12 major banks In S'pore US* orm UO 7 day*
      237 words
    • Article
      Money markets
      58 6 THE OVERNIGHT rste on the Singapore money market fell 1/4 point to close at 5-1/4 per cent yesterdsy. Short term rates were unchanged scross the board. S$ Interbank rates at the close yesterday: ore mo Owrmgto 3 1/4 5 1-m* S 3/1* 5 1/1* 2-mcmh S 1/4 3
      58 words
    • Article
      World interest rates
      160 6 Interbank market rataa (offer/bid) on Oct 10 us$ DM SWFC Yan 7 day* 5/16 3/16 ii s/t i/a 4 15/16 13/16 1J/I-I/1 4 1/3 3/3 1 mit 1/4 1/1 11 IS/16 13/15 4 15/16 13/16 3 1/J 3/t 4 5/l-l/J 3 Mil 1/3 3/« II 13/16— 13/16
      160 words
    • Article
      Simex
      475 6 DECEMBER Eurodollar futures gapped sharply higher than Friday's closing level at gi.42 during the Simex opening yesterday as a reeult of the weaker than expected non-farm payroll of 255,000 for September and the downward revision to 169.000 for August. The December contract ranged from 91.43 to the low of
      475 words
    • Article
      IMM
      251 6 IMM currency futures closed higher on Friday but off the highs of the session after relatively sluggish session. Weaker than expected US employment data eased concerns that the Federal Reserve would have to tighten credit and fuelled buying at the opening in currencies, traders said. September non-farm payroll employment
      251 words
    • Article
      Government securities market
      102 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HIGH LOW 3 month* &Q*****Z 05.01.89 4.56 4.51 4.54 4.52 6 IttCMlttw IY*****Z 23.03.89 4.72 4.67 4.68 4.65 1 yeor BY*****S 20.07.89 4.73 4.68 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      102 words
    • Article
      Options
      1434 6 CURRENCY FUTURES OPTIONS Monday, Oct 10, 1988 DCUTSCHMAftK (SMCX) Mm M mM Lot MM 1 Mm M PMM Lot Ml 52 53 54 5* 571 Dm N«k Lev *0 4 SoR 1 UU| 14A 31A DM M pM Lot 1 11 35 DM 52 53 54 55 5* M
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      148 6 SHANGRI-LA INTERNATIONAL SHANGRI-LA EXECUTIVE ACCOMMODATION PLAN CHINA MALAYSIA Tl IAILWD THE EXECUTIVE ACCOMMODATION PLAN OFFERS YOU: Single or twin accommodation at the same special rate Daily breakfast Late check-out of 4pm No pre-payment required Shangn-La Family Plan. No additional charge for child aged 18 years and under occupying the same
      148 words
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      Page 6 Advertisements Column 2
      49 6 Do you know of a company that has dared to innovate? Call Adeline Yong on 344-8955 to nominate a company worthy of the Enterprise Award r 77a 3 BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD V¥o*lDW!o€ SXPHCSS Jointly organised by Bu»ine«s Time# and DHL International <S) Fte Ltd
      49 words
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  • BANKING AND FINANCE
    • Article, Illustration
      The 'small print' can give rise to big problems
      804 7  -  rn&m mwM. by PAUL FRANKLAND EXCEPTIONS are the "Big But" of insurance policies. Indeed, they are part of the infamous "small print" problem. And, of course, they vary from policy to policy, insurer to insurer. "General" exceptions are those exceptions that
      804 words
    • Article
      Lock icon Japanese insurance firm raises stake in French bank
      244 7 AFP JAPANESE insurance firm Taiyo Mutual Life has raised its holding in the Credit Commercial de France (CCF) to 5 per cent. The bank said the holding reflects the good relationship between the CCF and Taiyo, which is the sixth biggest Japanese
      AFP  -  244 words
    • Article
      Lock icon Cairo braces for IMF debt, reforms talks
      490 7 AFP EGYPT is bracing itself for renewed talks in Cairo with the International Monetary Fund (IMF) amid signs of disagreement following IMF recommendations for more subsidy cuts, diplomats and analysts said. "The IMF is demanding that we deal with the budget deficit through
      AFP  -  490 words
    • Article
      Lock icon CME urges Soviets to allow currency trading
      190 7 Reuter AN OFFICIAL of the Chicago Mercantile Exchange (CME) has urged the Soviet Union to allow Soviet businesses to trade foreign currencies for the first time and offered assistance in that pursuit, according to the CME. Leo Melamed, CME special counsel and chairman
      Reuter  -  190 words
    • Article
      Lock icon Fed sees number of bank failures levelling off
      172 7 Reuter FEDERAL regulators said they see the number of US bank failures and banks in trouble remaining steady this year and next. Federal Reserve Board Governor Robert Heller told reporters at the American Bankers Association convention in Honolulu he expected bank failures
      Reuter  -  172 words
    • Article
      Lock icon First Boston, CSFS agree to merge
      708 7 Credit Suisse to own 44.5 pc of new entity NYT AFTER MORE than six months of intense negotiations, the First Boston Corp, one of Wall Street s largest securities firms, and its London-based sister company, Financiere Credit Suisse-First Boston, have agreed to merge. "We're
      NYT  -  708 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      198 7 FREE GIFTS FOR OUR FIXED DEPOSITORS "r 1 w au m Open Fixed Deposit with Hong Leong Finance or Singapore Finance, attractive rates and take borne attractive gifts, free. Select from this: FREE GIFTS 4,000 2,000 I*/Leaihar UichM 4.000 Philips Travel Alans Qack/Phfllps Travel Otard XO (35d}/Frivae Qassa FMsd Sat/1
      198 words
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  • COMMODITIES
    • Article
      Improve copra or face curbs, EC tells Manila
      531 8  -  Request to defer December deadline rejected By AL O LABITA Jr THE EUROPEAN Community (EC) has stood firm on its decision to give the Philippines until December to improve the quality of its copra exports or face sanctions, a senior official has
      531 words
    • Article
      Lock icon M'sian rubber industry confident of growth
      434 8 MBT OPTIMISM is high that the Malaysian natural rubber industry will continue to be very viable for a long time to come, with producers ever adaptable to new demands and changing technologies, said a leading figure in NR research. Malaysian Rubber Research and Development
      MBT  -  434 words
    • Article
      Lock icon Opec to hold joint committee meeting next week to discuss price problem
      288 8 Reuter UPI OPEC, faced with plummeting oil pricea, will hold its joint strategic and pricing committee meeting in Madrid next week, Iraqi Oil Miniater laaam Abdul-Rahim alChalabi has said. Mr Chalabi, in Bali laat Sunday for talka with
      Reuter; UPI  -  288 words
    • Article
      Lock icon Libya calls for Opec meeting on falling oil prices
      161 8 Reuter LIBYA HAS asked Opec to call an emergency meeting to act to stop falling oil prices and restore stability to the world oil market, the Libyan news agency JANA said. JANA, monitored by the British Broadcasting Corporation, said on Sunday
      Reuter  -  161 words
    • Article
      Record steel use expected
      123 8 WORLD steel consumption this year will be a record 782 million tonnes, a 4.7 per cent rise over 1987, Secretary-General Leonhard Holschuh of the International Iron and Steel Institute said in a speech in Seoul yesterday. Mr Holschuh warned that the recovery in steel use was
      123 words
    • Article
      Precious Metals
      207 8 HONGKONG: Gold closed slightly higher yesterday on buying by European and US investors in the afternoon, dealers said. They also noted shortcovering by local investors in view of the weak US dollar which pushed the metal to close near the day's high. Bullion closed slightly higher at USS4O6
      207 words
    • Article
      Rubber
      214 8 SINGAPORE: Rubbar prices cloaad sharply lower yesterday with Nov RSS 1 buyer quoted at 201.00 cents a kg. Prices fluctuated within s narrow range in the afternoon from the morning's lower levels due to lack of new incentives in quiet trsding. TSR-20 Award prices closed little changed from the
      214 words
    • Article
      RAS and MRELB
      296 8 RAS prices m e tito/kg. FO a In batoi 1 NOON CLOSE Bwyort Seller* 8wyon f -M jwen Int 1 RSS Prompt 202.00 203.00N 200.00 201.00N Int 1 RSS Nov 88 203.00 204.00N 201.00 202.00N Int 1 RSS Doc 205.50 206.50N 203.50 204JON i« 2 Mi or
      296 words
    • Article
      SSR and SMR
      74 8 («Mi/ke) NOVEMKK 1988 DCCEMIH 1988 (current month) (forward month) RA3 NOON NOON llfyH S«IKI bytri Siltri SSI 30 300.00 303.00N 200 00 302.00N SSI 30 MRELE 198.00 300.00N 198.00 300.00N SMI CV 303.00 303.00N 305.00 307.00N SMI I 394.00 396.00N 296.00 298.00N SMI j 275J0 377JON 377JO
      74 words
    • Article
      KL Tin
      144 8 TIN PRICES roM MVMI cents from last week to close at Msls.3l a kg yeeterday mainly due to sellers rooorvos. Trading remained quiet. Final turnover teM to 90 tonnee. A rabontng of 20 par cent was noted. The ilea aleo reflected a further correction to recent declines. The
      144 words
    • Article
      Crude Oil and Products
      171 8 FUEL oil prices edged up In light activity yesterday. Soma players Mid this wu a poesible sign that the markat had started to rabound from tha lowa •aan laat waak. Moat pradlctad that prices would ramain stable this waak ahaad of a forthcoming Opac commlttaa maating.
      171 words
    • Article
      Palm Oil
      316 8 MALAYSIAN crude palm oil futurM finished mixed in steady trading on the KLCE yesterday. Despite the lower Chicago Board of Trade overnight the market held steady on some good buying interest and the better cash market. Reports on the lower Peninsular Malaysia CPO production for coming month also
      316 words
    • Article
      Produce Prices
      201 8 Chinese Produce Exchange SiNcn noon dofi nQ prk ses on Oct 10 (S$/100 kg) Coconut oil ki FOft 118.00 OW drum FO« 128.00 New drum FOft 132.00 Copra Mixed (too**) 69 M U 9r i Pepper Muntok while FOft NIW 542.50 Sarawak whHe FOt foq NtW 532.50 Sarawak
      201 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      320 8 There is no need to go to Hong Kong for Cantonese food. u^hc^ Come to Sommerville Restaurant for the most refined Hong Kong-style Cantonese cuisine, traditional or modern. A gatherings, family, social or business. Service and bar facilities are like Hong Kong's, only ours is better, more And for celebrations—Weddings,
      320 words
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      Page 8 Advertisements Column 2
      95 8 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
      95 words
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  • TECHNOLOGY
    • Article
      Lock icon Mainframe on the desktop likely to make debut in early 1990s
      714 9 I?® ©MSB- Jeffrey Tsang WITH a personal computer on virtually every desktop,it is difficult to believe that the first true personal computer as seen in the Apple II is less than a dozen years old. At the time the
      Jeffrey Tsang  -  714 words
    • Article, Illustration
      Nixdorf to spread software wings
      478 9  -  By JEFFREY TSANG GERMAN computer manufacturer Nixdorf will be expanding software development in the region with the set up of software centres in Malaysia. India and the Philippines. Managing director of Nixdorf Computer Malaysia Sdn Bhd Volcker Malessa told BT that the Kuala Lumpur centre,
      478 words
    • TECH-TAKES
      • Article
        Software fare at specialty event
        99 9 SOFTWARE developers will have a chance to show off their fare at a "specialty event" during Singapore Informatics, the giant information technology exhibition. About SO software packages will be demonstrated at a national pavilion on "Our IT Innovators". "Our theme is 'IT research and development
        99 words
      • Article
        Joint-venture to make LC device
        82 9 JAPAN'S Ministry of International Trade and Industry (MITI) and 12 firms will set up a joint vsnturs in January to develop a large liquid crystal (LC) device for use in wall-hanging colour television sets. An official said MITI plans to spend seven billion yen for
        82 words
      • Article
        ICL's package for small firms
        54 9 A NEW SOFTWARE package launched last week by ICL Singapore could be the answer to many of the problems faced by small and medium-sized businesses and manufacturers. Impact is a production, distribution and financial control system thst runs on virtually every type of computer, from
        54 words
      • Article
        Lock icon Scientists bid to fool Aids virus
        364 9 Reuter Reuter US SCIENTISTS are working on the design of molecules to fool the virus which causes Aids and to destroy cells already infected with it. A team from Harvard University Medical School said it waa working on a decoy protein which would circulate
        Reuter  -  364 words
    • Article
      Japanese see R&D as vital
      155 9 INTERNAL development of technology is viewed as a key to success by managers of Japanese corporations, while US managers place a great deal more emphasis on the use of acquisitions. This assessment of managing technology development is part of an in-depth analysis by the international
      155 words
    • Article
      Lock icon Signs point to decline in US PC market
      187 9 FT THE US PERSONAL Computer market is heading for a rapid decline, according to US semiconductor suppliers who say orders for PC parts have dropped sharply over the summer. Advanced Micro Devices, the US semiconductor manufacturer, said earnings for its third quarter,
      FT  -  187 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      325 9 Freedom Is A Pc That Allows You To Choose Your Operating System. Now. MS -DOS OS/2 XENIX Y UNIX Olivetti's new M3BO/XPS. 4MB-64M8 RAM. 20MHz. Now, more speed and power than ever before. From our top-of-the-line M3BO/XPS floorstanding PC. With a 386 processor and hard disk options up to 300
      325 words
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  • PERSPECTIVE
    • Article
      It's worth the walk up there
      500 10 SOVIET Deputy Foreign Minister Igor Rogachev s statement last Friday that a Sino-Soviet summit is possible in the first half of 1989 came close on the heels of Chinese paramount leader Deng Xiaoping's remark that normalisation of ties with Moscow is likely soon. The
      500 words
    • Article, Illustration
      Hot demand for stock analysts in Australia
      1653 10  -  Many international broking firms are rushing to set up operations in Australia. The Bank of Singapore, OCBC's Australian subsidiary, has purchased a Melbourne-based broking firm, McNeil Mantha Arthur, now renamed BOS Stockbroking. But the proliferation of firms, reports FLORENCE CHONG, BT's Sydney correspondent,
      1,653 words
    • Article, Illustration
      A time bomb beneath pillars of confidence
      1693 11  -  Popular wisdom has it that the world is justified in remaining calm in the aftermath of Oct 19,1987. In truth, a time bomb continues to tick away beneath the pillars of confidence, contends MIKE MORRIS, managing director of the Singapore office of the
      1,693 words
    • REGIONAL VIEWPOINTS
      • Article
        The rule of law prevails
        411 11 Our weekly summary of what other publications have to say about issues of regional interest MALAYSIA "WHILE we share the sentiment of Attorney-General Tan Sri Abu Talib Othman that the whole episode concerning the action against the five Supreme Court judges is over with the
        411 words
      • Article
        Worrisome oil market
        336 11 INDONESIA "INDONESIA is obviously worried about the steady downward trend in international oil prices. Only a tew weeks ago. Indonesia had to lower its prices below Opec's official quote of U5517.50/barrel to keep in line with actual market price developments. But the market continues to fall and
        336 words
      • Article
        Crackdown on corruption
        276 11 CHINA "THE CHINESE leadership appears to be making a renewed attempt to curb corruption, which is the most pernicious side-effect of modernisation in recent years. In the past few days, both the supreme leader. Mr Deng Xioping, and the General Secretary of the Communist Party, Mr Zhao
        276 words
      • Article
        Legacy of Don Chino Roces
        127 11 PHILIPPINES "THE LATE Don Joaquin P Roces was simply Chino' to generations of journalists and the masses of Filipinos. "When he died last Fri- day evening, he had lived a full and eventful life "He groomed a generation of professional Filipino journalists who are now
        127 words
      • Article
        Keating's debt move
        135 11 AUSTRALIA "TREASURER Paul Keating's ostentatious move in West Berlin last week to retire AsBoo million of Government debt is hardly likely to have any immediate impact on the international credit raters, Moody's and Standard and Poor's. "The credit raters will doubtless maintain the AA+ rating to which
        135 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      78 10 M onagers ust anage BT shows you how every Monday. Italian Event Sta Perfect Setting ITALIAN DESIGN AT FIRST INTERNATIONAL DESIGN FORUM RAFFLES CITY CONVENTION CENTRE SINGAPORE, 19-23 OCTOBER 1988 J? DESIGN "ET 55" Portable typewriter designer: Mario Bellini producer: Olivetti spa "Draco" Portable microcomputer designer: Giorgetto Giugiaro producer: Infos
      78 words
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      Page 10 Advertisements Column 2
      671 10 oEigapore rress horhqs Liimoa (Incorporated in the Republic of Singapore) Notice of Extraordinary Gonoral Mooting NOTICE IS HEREBY GIVEN that an Extraordinary GeneraJ Meeting of Singapore Press Holdings Limited ("the Company") will be held at 12 noon on Wednesday, 2nd November, 1988 at the Auditorium, Second Level, News Centre, 82,
      671 words
  • Page 10 Miscellaneous
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      Page 11 Advertisements Column 1
      306 11 THE SCS CONFERENCE 1988 12-13 December 1988 Pan Pacific Singapore (Held in conjunction with Informatics '88 and IT Works '88), as part of the National IT Week 88. l i: N fi Mm r Keeping you in\toui;h with the latest in Informatiiin TBbJhnOlagy THE CONFERENCE This 2-day conference conducted by
      306 words
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      Page 11 Advertisements Column 2
      138 11 v;, The Master of Reception and Sound: Toronto SQR4B t IpjrN I BLAUPUNKT BOSCH Group It's a small point. But it makes a world of difference. We leave it to you whether you are partial to its sound or to its traffic messages in any case, the Toronto SQR 48
      138 words
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  • LEISURE
    • Article, Illustration
      Lock icon Mick's still got it
      538 12 Reuter BRITISH rock 'n roll superstar Mick Jagger is mesmerising Australian audiences with a series of solo concerts after a qOarter of a century as the lead singer of the Rolling Stones. Performing live for the first time in six years, the 44-year-old Jagger is proving
      Reuter  -  538 words
    • Article, Illustration
      Lock icon Just another 'insider' story
      404 13 UPI Title: Perilous statecraft Author: Michael Ledeen Publisher: Scribners Reviewer: Jim Anderson MICHAEL Ledeen played a small but interesting role in the Iran-Con-tra affair as one of the early American contacts with the Israelis and the Iranians. In a cast of players who unwillingly testified before
      UPI  -  404 words
    • Article
      Lock icon Snob spuds
      860 13 NYT AT THIS crucial moment in Paris, the fashions for the coming season are being determined and with luck we shall never see again the extremes of 1986. when everyone was wearing bubble skirts and drinking a vile blue cocktail based on an excess of Curaao. Today's fashions,
      NYT  -  860 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      911 12 Where to entertain Great dining in the Streets -i. r—jvy "T tr.x. •t W R era a tX I urn' '.ii I I art naamrafim'm Plaza Hotel Bfacfikoad Smeaporr 0719 Tri *****11 1' 5 X'/y t 15 Sffi 1,1 m Continental Buffet Oct 1 to 21 Something for every taste.
      911 words
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      Page 12 Advertisements Column 2
      177 12 Sumptuous Gentian Spreads for just $31! Let the Belvedere tempt you with the widest selection of German goodies in towi. With Bismark Hering. Sour Dough Bread, hot Goulasch Suppe, delicious Blut und Leberwuerste in onion sauce. Bavarian Apple Strudel, Blueberry Pie and lots more! Try them from 1 31 October
      177 words
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  • Page 13 Advertisements
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      237 13 I, 3T < ft t V -f < +'Jd r f v -f? ff y: >- y&> The Bounty of the Hunt October 1-31. The gome season come* to Hubertus Gfttl with a menu lit to grace the finest dining tobies. Theieaie specialties known In the veiy best houses of
      237 words
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      Page 13 Advertisements Column 2
      46 13 mmi m s TA«t>SHEO QUALITY GUAMANTEIO FULLY MATURED OTWPMi fefesS 11! i 1 FINEST SCOTCH WHISKY BLENOEO BOTTLED BY f/roryr 3la//antin( C/)t4fi//er* —StttmArriott. e/rot/and v. PRODUCT OF SCOTLAND MPOT OIM ALUEO HALKf" OSTIUM T (MS SON IMO SO MIM PfNCHALA PETAUWt JAVA MALAYSIA THE SUPERB SCOTCH
      46 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      651 13 CRYPTIC PUZZLE ACROSS 3 Carpenter's contribution to electronics? (5) 8 He could be almost boring (5) 10 Fortunste to finish work and taka a girt out (5) 11 Far from numbtr tan, Initially (3) 12 Also called Al. with soma Mas (5) 13 Show mora than one* (7) 15 Provide
      651 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1544 13 Ira ;Mi> Cinematic boo-boo TUESDAY PREMIERE Hmvm'i Oat* 10.40pm, Channel 5 Michael Cimino's cinematic boo-boo sees Kris Kristofferson (right, with Isabelle Huppert) playing the lead role in a visually stunning but plotless Western. Story has something to do with the conflict between immigrant settlers in 19th Century Wyoming and the
      1,544 words
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  • SPORTS
    • Article, Illustration
      Lock icon New charges in Johnson drug scandal
      550 14 AFP SPRINTER Ben Johnson, stripped of his Olympic 100-me-tre crown for taking steroids, was also on drugs when he won the World title in Rome last year, a Canadian Olympic sprinter has charged. Angella Taylor Issajenko, admitting that she herself had taken anabolic steroids,
      AFP  -  550 words
    • Article
      Lock icon Another delay likely in Tyson's training
      419 14 NYT MIKE TYSON's training for his heavyweight title defence against Frank Bruno on Dec 17 is expected to be delayed as the champion meets his attorney, Howard Weitzman, this week and prepares to respond to a divorce petition filed last Friday by Tyson's wife,
      NYT  -  419 words
    • Article
      Lock icon New design on the horizon
      91 14 Reuter THE WORLD'S best yachtbuilding brains have created a new class of boat designed to give the America's Cup a future that is free of controversy. Plans of the yacht were revealed on Sunday after more than a year's work by 20 international designers from
      Reuter  -  91 words
    • Article
      Are you fit for the Hardman cross-country?
      364 14  -  By CHARLES SAVAGE WITH SUCH A macho sounding title Hardman this Sunday's 30 km cross-country run at Sembawang Shipyard conjures up images of athletes the likes of lan Rayson, who won last Sunday's ABC Stout Triathlon. But Sembawang's personnel officer, Mr Govindan, does
      364 words
    • Article, Illustration
      Lock icon Edberg plays convincingly to take Swiss Indoor title
      314 14 AP TOP-SEEDED Stefan Edberg of Sweden defeated Jakob Hlasek of Switzerland, 7-5, 6-3, 3-6, 6-2 on Sunday to win the U*****,000 Swiss Indoor men's tennis tournament. For the 22-year-old Swede it was his third title in Basel, having won in 1965 and
      AP  -  314 words
    • Article
      Lock icon Evert fights to win New Orleans final
      195 14 Reuter TOP SEED Chris Evert fought back from a shaky start to win her 157 th singles title by beating Anne Smith 6-4 6-1 in the U*****,000 New Orleans women's tennis tournament on Sunday. Despite making a number of unforced errors and resorting
      Reuter  -  195 words
    • Article, Illustration
      Lock icon Oakland in World Series
      325 14 UPI THE OAKLAND ATHLETICS, a second-division team most of the decade, swept into their first World Series in 14 years on Sunday, riding on Jose Canseco's power and Dave Stewart's arm to a 4-1 victory over the Boston Red Sox. Canseco belted his American League play-off
      UPI  -  325 words
    • Article
      Lock icon Rain delays start of Suntory Matchplay final
      234 14 UPI PERSISTENT HEAVY RAIN forced a 24-hour postponement of the final of the U*****,000 Suntory World Matchplay Championship in England on Sunday. Over an inch of rain fell throughout the night and Sunday morning, flooding fairways and greens on the Wentworth course where
      UPI  -  234 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      561 14 HILLANDALE INVESTMENTS PTE LTD, a wholly-owned subsidiary of DAO HENG HOLDINGS LIMITED (Incorporated in Hong Kong) and FIRST CAPITAL CORPORATION LIMITED On behalf of Hillandale Investments Pte Ltd ("Hillandale"), a wholly-owned subsidiary of Dao Heng Holdings Limited ("DHH"), Wardley Limited announces that DHH has entered into a conditional agreement ("Agreement")
      561 words
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      Page 14 Advertisements Column 2
      13 14 r 3 Q- S? "8 £8 to CO Q) UNIQUE A THOUSAND MILES
      13 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      52 14 Play golf the Sevvy way Chipping CHIPPING IS LIKE PUTTING, IF YOU WANT TO GET THE BALL ClOSE YOU MUST FIRST CHECK THE WAY THE GRAIN IS GROWING y m' 1 r THIS IS IMPORTANT BECAUSE THE GRAIN AFFECTS THE PI GRAIN > 3 m IN RUNS AWAY FROM JUMP
      52 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Demerger plans: One TPL share for every two SPH shares held
      512 15  -  By ROSIE TAN NEWSPAPER and publishing giant Singapore Press Holdings has announced plans to offer one share in subsidiary Times Publishing Ltd for every two SPH shares held, in a proposed demerger. The details of the demerger, first announced
      512 words
    • Article
      Lock icon MUI may sell off stake in Aussie media group
      136 15 Bernama MALAYAN United Industries Bhd (MUI) is considering divesting its 14.9 per cent stake in an Australian newspaper group, United Media Ltd (UML), following its recent aborted bid to increase the group's stake in UML to 49.9 per cent. MUI executive
      Bernama  -  136 words
    • Article
      Ong Beng Seng terminates services of Hilton manager
      532 15  -  By MAGDALENE NG ONG BENG SENG, whose family interest controls Hotel Properties Ltd (HPL), is again making waves in Singapore. He has served a six-month notice to terminate Hilton International Co (HIC) as manager for his hotel along Orchard Road, and is
      532 words
    • Article
      Lock icon Pipeline deal expected to boost MMC's earnings
      126 15 Bernama MALAYSIA Mining Corporation Bhd (MMC) says the engineering, procurement and construction (EPC) contract part of the deal it clinched recently under phase two of the Peninsular Gas Utilisation Project is expected to contribute positively to its group earnings. In a statement to
      Bernama  -  126 words
    • Article
      Robinson's sees prospects in CPL's development properties
      435 15 ROBINSON Co does not see any major impact arising from its share in soon-to-be-listed Centrepoint Properties Ltd (CPL) for the next financial year. But the retailer is confident of the development potential of CPL's additional properties and the associated company's contribution in the
      435 words
    • Article
      Lock icon AMMB and KFC(M) extend closing dates of otters
      245 15 NST ARAB-MALAYSIAN Merchant Bank has extended the closing date of its offer for sale of 15 million shares to Nov 2 from Oct 26. AMMB announced yesterday that the extension was necessary due to additional administrative work required to process the overwhelming
      NST  -  245 words
    • Article
      Cold Storage Holdings PLC gets nod for asset transfer
      239 15 THE SHAREHOLDERS of Cold Storage Holdings PLC have approved resolutions to transfer most of the assets of Cold Storage Holdings PLC to Cold Storage Holdings Ltd and the issue of shares in Centrepoint Properties Ltd to existing CSH PLC shareholders. These
      239 words
    • Article
      Lock icon KLSE to hold exhibition next year
      381 15 Bernama THE KUALA LUMPUR Stock Exchange (KLSE) will organise a seven-day exhibition to introduce its listed companies to the public next year, its general manager. Mr Salleh Majid, said yesterday. The exhibition has been tentatively scheduled to be held from July 28 at the
      Bernama  -  381 words
    • Article
      Lock icon Sri Hartamas Corp gets judgment to recover its debt
      226 15 Bernama PROPERTY-BASED Sri Hartamas Corp Bhd has obtained a court judgement in favour of the company for the full recovery of the M 591.89 million debt owed by Sri Hartamas Development Bhd (Shd). Its chief executive officer, Francis Huang, said after
      Bernama  -  226 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        APPROVED ISSUES
        81 16 Company RIGHTS ISSUE iMtan One-tor-two *5 10 per iter* Ex-dote Oct 7 Books dot* Oct 19 N O I Non- renounceoble and non-transferable preferential offer of 1 Irredeemable Convertible Cumulative Preference Shore OCCPSJ lor every 10 ordinary shores held at $5 per ICCPS Ex-date: Oct 14 Books dose-.
        81 words
      • Article
        PROPOSED ISSUES
        260 16 Company RIGHTS ISSUE C 1 Holdings 27 hmMoa loon stocks in tho ratio of $3 loan stock for every five ordinory -i U D 4 C Bank snoifs mn. On*-foe-two $0.75 par shore Duta Com Ona-for-ona $1.10 par shoro F AC B Ona-for-ona $060 par shoro General Corp
        260 words
      • Article
        COMPANY MEETINGS
        139 16 NEPTUNE ORIENT LINES Urn We* EGM at 456 Alexandra Road, NOL Building #04-00, Singapore 0511 on Wednesday, Oct 12 at 11am. THE GREAT EASTERN UFE ASSURANCE COMPANY UmNed: EQM at 65 Chulia Street #16-01, OCBC Centre, Singapore 0104 on Thursday, Oct 13, at noon. MSAS Bertiad: 26th AQM
        139 words
      • Article
        Unit trusts
        311 16 Managers' prices for Oct 11 Singapore Unit Trust TW Comm*rc» 095 101 Tko Savings Fund 0*3 0.89 S'por* frog Fund 037 041* S'pora W Fund 062 0*7 S'pora kt*H Fund 0 M 0 71 S'poro Equity Fund 047 0,51 Asia Unit Trust Mol InvM Fund 137 1.47 Mol
        311 words
      • Article
        SES SHARE INFORMATION
        5296 16 Gr's Gr*a 1968 Tol I jet Dtv Dhf rid Nat Vol Day L •at Que da High Low Cod* Company 1 Ma oc- C*VT P/E (*000) H tgh Low B«i lyar Sal Mar SECTION ONE MOUSTRIAL ft COMMERCIAL 141 95 t o 000 Acma 110 1 1.0N
        5,296 words
      • Article, Illustration
        Market pulls out of lethargy with 12.63-point rise
        758 16  -  Chay FOR THE third day running, share prices on the Singapore stock market continued to rise. Dealers said sentiment was buoyed by Wall Street s 42-point gain on Friday. The sterling performance by the US market came after the release of unemployment
        758 words
    • SES/KLSE
      • Article, Illustration
        KL shares rise in moderately active trading
        2706 17 ENCOURAGED by a 42-point rise on Wall Street last Friday, the Kuala Lumpur stock market enjoyed an enthusiastic day yesterday, with prices finishing higher in moderately active trading. Dealers said the better sentiment was also boosted by some positive announcements on the political
        2,706 words
      • Article
        Lock icon KL exchange's second board gets CIC nod
        290 17 NST THE CAPITAL ISSUES Committee has given the go-ahead to the Kuala Lumpur Stock Exchange (KLSE) to set up its second board. KLSE genersl manager Sal I eh Majid told Negeri Sembilan Menter i Beear Datuk Mohd lea bin Datuk Haji Abdul Samad
        NST  -  290 words
      • Article
        DIVIDENDS ANNOUNCED
        914 17 Correal Bx •opto D«m Torn! «m TaM tar pavmM •tarn Ml*" Bm yaw mm yam AdaMc Drr 2%» Oct 12 Oct as No* 21 2% 5% AmIiiiI Amol 13% Oct 7 Oct 21 No* S 25% 13% Ayor Hkam M) I7*%M Oct 11 Oct 25 Oct 31 17*%
        914 words
      • Article
        BONDS, LOANS & WARRANTS
        589 17 BONDS, LOANS WARRANTS CWHptNf CmnwOm ported Mmel i i <%) peyebte 4am Chwon Hup Wrti 1991 Anytime on or oHor Mor 1967 1.6 warrants plus $1.60 cosh until Doc 31. 1991. Oy Dev konds 1994 5% Feb 1 Aug 1 4.75 warrants plus $4.75 cosh or Oty Dev Wrt* 1992
        589 words
    • REGIONAL MARKETS
      • Article
        Lock icon CRA, North Broken Hill to float 20pc of Pasminco
        132 18 Reuter CRA LTD and North Broken Hill Holdings Ltd plan to float about 20 per cent of the new vehicle for their combined base metals interests, Pasminco Ltd (Pacific Mining and Smelting Co). Priority for any Pasminco issue would be given
        Reuter  -  132 words
      • Article
        Lock icon Sale of NTT shares may succeed 'in appearance only'
        913 18 IHT THE LONG-ANTICIPATED sale of shares in Nippon Telephone Telegraph Corp next week is likely to succeed in appearance only, brokers and analysts believe, and could represent a damaging setback in the Japanese government's efforts to sell off various state corporations.
        IHT  -  913 words
      • Article
        Lock icon Stake in coalfield
        99 18 AFP ALLIED QUEENSLAND' Coalfields Ltd is planning to sell 51 per cent of s coal field to Idemitsu Kosan Co Ltd of Japan for A 515.3 million. Chairman Graham Tucker told the company's annual meeting that the sale of the Ebenezer coal project south-east of Brisbane was
        AFP  -  99 words
      • Article
        Lock icon Minorco denies concealing shareholding
        199 18 Reuter MINERALS AND Resources Corp Ltd (Minorco), wtiich is pursuing a hostile US$2 06 billion bid for Consolidated Gold Fields PLC. has denied concealing indirect South African shareholdings in the company. Minorco, the Luxem-bourg-based investment arm of the Oppenheimer family of South Africa, has previously stated
        Reuter  -  199 words
      • Article
        Lock icon Jardine Strategic's value
        68 18 Reuter JAR DINE STRATEGIC Holdings Ltd, the investment holding arm of the Jardine Matheson group, has announced a net asset value per share of HK$ 13.23 aa at Sep 30 this year. The unaudited consolidsted ssset vslue is for both its ordinary and preferred share On conversion
        Reuter  -  68 words
      • Article, Illustration
        Lock icon Prices end higher
        553 18 Australia Reuter AUSTRALIAN SHARE prices closed higher yesterday but below the day's highs in lacklustre trade, brokers said. They said the market "started with a bang" following the 42-point gain on Wall Street last Friday, but drifted due to a lack of follow-through buying. "The Australian market
        Reuter  -  553 words
      • Article, Illustration
        Prices rise sharply on heavy volume
        1364 18 Hongkong HONQKONQ SHARE prices closed sharply higher yesterday, helped by strong local and overseas demand. The Hang Seng Index roae 87.56 points, or 3.5 per cent to 2.506.42 and turnover reached a threemonth high of HK$l.lB billion. up from Friday'a HK5067.62 million. Blue chips
        1,364 words
      • Article
        Lock icon Bangkok: Shares edge up
        152 18 Reuter THE SECURITIES Exchange of Thailand Index rose 1.73 points to 440.80 yesterday on s turnover of 5,335,150 shsres worth 384.30 million baht. OCT W MKT Ao Kham Thai Ayudhya Im—liim A tfiji Bangfco* AQro-*na m i Mil ■> o MnORO* D4n* Bant Of Ayudhya Charoong
        Reuter  -  152 words
      • Article
        Lock icon Manila: Copper gains
        180 18 Reuter MANILA SHARE prices, propelled by strong copper price gains, rallied across the board yesterday to broaden local interest initiated by oils speculators, brokers said. "It was more of a reaction to copper. Minings led the rally," said Regina Balane, vice-president for research at Eastern Securities Development
        Reuter  -  180 words
      • Article
        Lock icon Seoul: Trading moderate
        197 18 Reuter SEOUL STOCK prices closed mixed yeeterday in moderate trading with the •mall buying intaraat focused on financial and construction shares, brokers said. The composite index roee 1.53 points to finish at 076.12 on turnover of 100.2 billion won against 60.8 billion on Saturday's half-day sees ion.
        Reuter  -  197 words
      • Article
        Lock icon Bombay: Modest losses
        152 18 Reuter BOMBAY SHARE prices cioeed with modest losses yestsrdsy smid widespresd profit-taking, brokers said. They said the selling began with rumours that ths half-yearly reeults of st least one major company would not live up to expectation. Brokers commented thst sentiment was also undermined by scattered selling
        Reuter  -  152 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon Why foreign takeovers in America are on the rise
        840 19 NYT LAST WEEK'S takeover bid of U555.23 billion by Grand Metropolitan, the food, drink and retailing group based in Britain, for Pillsbury, the American company that sells Burger King hamburgers, Haagen-Daz ice cream and -Green Giant and other food brands, dramatises
        NYT  -  840 words
      • Article
        Lock icon Investment company files suit against Pillsbury
        191 19 NYT AN INVESTMENT FUND has filed suit against the Pillsbury Co in an effort to force management to consider an unsolicited U555.23 billion buyout proposal by Grand Metropolitan PLC of Britain. The investment fund, Garlands Profit Sharing Plan, which holds 500 shares in Pillsbury,
        NYT  -  191 words
      • Article
        Lock icon Review for Grand Met stake
        131 19 Reuter MINNESOTA GOVERNOR Rudy Perpich has asked the state s attorney general to review the legality of Grand Metropolitan PLC's ownership, of 200 Pillsbury Co common shares, his press aide said. According to Minnesota's tied-house statute, a liquor distiller may not own an interest in
        Reuter  -  131 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        443 19 Reuter FRANKFURT: West German shares surged in active trading yesterday to new 1988 highs, with underlying positive sentiment and foreign interest spurred by a 41-point gain in New York's Dow Jones index on Friday, dealers said. Modest profit-taking set in late in the session, they said. "The
        Reuter  -  443 words
      • Article
        Selected indices
        114 19 HONGKONG All Industrials Hongkong Index Mondoy 1.690 64 Fridoy 1.632.32 Monday 2.5410 Friday 2.525.4 Week ogo 2,551.6 Week ago 1,598 65 NEW YORK Hang Seng Index Monday 2.566 42 Friday 2.***** Wee* ogo 2,429 07 Dow Jones Friday 2,***** Thursday 2.107.75 Week ogo 2.112.91 TOKYO Nikkei Average Standard
        114 words
      • Article
        Lock icon BP expecting North Sea Miller field approval soon
        220 19 Reuter APPROVAL FOR the development and production of oil from the British North Sea Miller field is expected from the Department of Energy within days, a spokeswoman for the British Petroleum Co PLC said. "Hopefully Annex B approval will be granted within
        Reuter  -  220 words
      • Article, Illustration
        Lock icon US 'trading halt' rule in the offing
        382 19 SEC clears last major obstacle Reuter US SECURITIES and Exchange Commission chairman David Rudar said ha expects aarly implementation of coordinated trading halts in the stock, stock options and stock-index futures markets. "I think what happened this week is a strong indication we
        Reuter  -  382 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      287 15 CURRENCY INVESTMENT \MI KK I XI'RI ss It \\K TEL: 321 3333 McxWstwwn 6595-1418-58 Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all, only four ladies' watches and six men's watches, each individually signed and numbered,
      287 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      19 15 /AS 77/fA/fW S/AMZ'&rtZ-AS /ZAMV/Mj> //V£r&A£> by Martell J- 774&fr/r Ir/Aff TO 3£-A3 7& <7o>SrtodMC /A/ /*A'£> S£& V£ AUd&WfJUotf
      19 words
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      608 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO and IN THE MATTER OF FD RAREODD COURIERS PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of FD RAREODD COURIERS PTE LTD duly held and convened at 50, Jalan Sultan #07-09, Jalan
      608 words
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      Page 18 Advertisements Column 2
      344 18 IN THE MATTER OF THE COMPANIES ACT. CAP. 90 AND MIDLAND INTERNATIONAL TRADE SERVICES (SINGAPORE) PTE LTD At an Extraordinary General Meeting of the Company deemed to have been held on Monday, 3 October 1988 at 135/141. Cannon Street, London, England at 2.00 p.m. the following resolutions were passed:SPECIAL RESOLUTION
      344 words
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      Page 18 Advertisements Column 3
      226 18 NOTICE OF RESOLUTION "i YiTTOvl ly I jMTki (PRIVATE) LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting of Elmetron Engineers (Private) Limited duly convened and held at 38-B Hong Kong Street, Singapore 0106 on the 7th day of October 1968 the following resolution has been passed as a Special
      226 words
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      Page 18 Advertisements Column 4
      57 18 Have you nominated yet? The search is on for Singapore's Businessman of the Year and a company worthy of the Enterprise Award Call Adeline Yong on the hotline 344-8955 to give your nominations. n 777 1 BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD wtmtowioc txtmss* Jointly organised by Busineu
      57 words
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      Page 19 Advertisements Column 1
      131 19 LOST CERTIFICATES The following certificates have been reported lost, mislaid o r destroyed Name of Company Certificate Nos. In the Name of No. of Shares Bukit Sembawang Estates Limited *****1 Robert Duncan Myles 1 x 200 RMCA Reinsurance Ltd A *****57 Tan Boon Teong Ixl,ooo Singapura Building Society Limited *****/8
      131 words
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      Page 19 Advertisements Column 2
      333 19 RECOGNISING BUSINESS LEADERSHIP Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who strove for success and so made the most notable contribution to business in 1988. And we
      333 words
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  • Article
    Lock icon Emergency measures imposed in Yugoslav republic
    293 20 AFP EMERGENCY measures have been enforced in the Yugoslav republic of Montenegro to "stop the situation degenerating" after several days of political and economic unrest, the Montenegro Information Ministry in Titograd said yesterday. A ministry spokesman said that the measures, which came into force
    AFP  -  293 words
  • Article
    Cockpit Hotel to be auctioned next month
    495 20  -  181-room hotel expected to go for $65m-s7om By TONG SUIT CHEE THE OWNER of Cockpit Hotel, businessman Teo Lay Swee, has lost the battle to retain his 181-room hotel, which will be auctioned off next month. Property sources say the 15storey hotel, which
    495 words
  • Article
    Tankers collide, causing oil spill off east coast
    369 20 A PANAMA-registered oil tanker carrying more than 9,000 cubic metres of crude oil collided early yesterday morning with an empty supertanker, causing an oil spill that spread just outside Singapore's port limits. The collision between the loaded 51,899-tonne Century Dawn tanker and
    369 words
  • Article
    Lock icon Golkar plans to form committee to elect chairman
    131 20 AFP INDONESIA'S ruling Golkar party is considering the formation of a seven-member committee to elect a new chairman at its national congress starting on October 20. a party official said in Jakarta yesterday. The head of the party's central council, AE Manihuruk,
    AFP  -  131 words
  • Article
    Lock icon Shahrir refuses to be sworn in as MP before House Speaker
    368 20 AFP Bernama A FORMER Malysian cabinet minister who was re-elected on an anti-government platform yesterday refused to be sworn in as a Member of Parliament before House Speaker Mohamad Zahir Ismail. Datuk Shahrir Abdul Samad left the Dewan Rakyat,
    AFP; Bernama  -  368 words
  • Article
    Lock icon KL won't stop MPs from resigning
    183 20 Bernama NST THE HOLDING of by-elections forced by members of parliament resigning to seek re-election as Independents is s waste of public funds. Minister in the Malaysian Prime Minister s department Datuk Or Yusof Noor said yesterday. He told Psrliament, however, that under the
    Bernama; NST  -  183 words
  • Article
    Lock icon Comex gold and silver
    92 20 Reuter COMEX GOLD FUTURES firmed on mixed buying early yesterday morning, spurred by the continued recovery in oil prices. Participation was light because of the Columbus Day holiday. Analysts said speculators and local traders bought back short positions. December gold gained US$5.OO at U*****.30 an ounce.
    Reuter  -  92 words
  • LATE FILE
    • Article
      Lock icon Ringgit declines 4.5 pc against S$
      75 20 Bernama The VALUE of the Malaysian dollar declined by 4.5 per cent v/s-a-v/s the Singapore dollar between December 1987 and September thia year. Malaysian Deputy Finance Minister Loke Yuen Yow told Parliament yesterday that changes in the value of the Malaysian dollar against the
      Bernama  -  75 words
    • Article
      Lock icon Call for new ownership forms
      59 20 AFP ECONOMIC reforms in China depend on the development of new forms of ownership such as public shareholding, the Xinhua News Agency said yesterday. A weekend meeting of 200 senior Chinese Communist Party officials in Beijing reached a "theoretical breakthrough" by recognising the role of
      AFP  -  59 words
    • Article
      Lock icon Soviet official expected in Seoul
      60 20 AFP A SENIOR Soviet trade official is expected to arrive in Seoul today for talks on the exchange of trade officiate between South Korea and the Soviet Union. Vladimir Granov, vice-president of the Soviet Chamber of Commerce and Industry, will meet officials of the State-run
      AFP  -  60 words
    • Article
      Lock icon 'Uneasy quiet' in Algiers
      54 20 AP AN UNEASY quiet prevailed yesterday in the Algerian capital after days of rioting that reportedly left scores of people dead. Five days of widespread rioting, capped by soldiers firing on protesters on Sunday, have left at least 200 people dead, according to accounts by doctors
      AP  -  54 words
  • Article
    Lock icon Central bank orders loan probe in China
    191 20 Reuter CHINA'S central bank has ordered a national investigation into loans because bank credit is getting out of control. The Financial News said yesterday that the People s Bank of China had set up a special office to conduct the probe which will
    Reuter  -  191 words
  • Article
    Lock icon No solution without Khmer Rouge elimination: Vietnam
    507 20 AFP VIETNAM reiterated yesterday that it would only accept a Cambodian political solution that included elimination of the Khmer Rouge resistance faction. The army newspaper, Quan Doi Nhan Dan, said: "Any political solution of the Cambodian problem which does not include the elimination
    AFP  -  507 words
  • Article
    Lock icon Battle over Indon-Japan aluminium project likely
    160 20 AFP INDONESIA is bracing itself for a prolonged legal battle with Japanese investors over a giant aluminium project. Asshan Development Authority chairman A R Soehoed said in Jakarta yesterday that the finance ministry had taken over the matter and had hired an international legal
    AFP  -  160 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      145 20 Earlier report on PAGE 5 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitc hens, elegant one or two bedroom suites right in the heart of (>rchard Road. At The Ascott, we take pride in giving our clients their own home A spacious, private living environment
      145 words
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      Page 20 Advertisements Column 2
      282 20 Assign your invoices to us and get immediate cash (up to of the value) Factoring, the great business aid of modern IMPROVED PRODUCTIVITY we times, can bring your business untold benefits... handle sales ledgering and supply you r-y Rc-rrno /-acur:, rm/ with month, y statements, you spend BETTER CASHFLOW means
      282 words
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  • SHIPPING TIMES
    • Article, Illustration
      Lloyd's Register makes headway into non-marine activities
      403 21  -  By LINDA CHEE FOR 200 years, ship classification has been the mainstay of business for Lloyd's Register. But that may not be so much longer. LR chairman Roderick MacLeod said yesterday that given the progress of its diversification into non-marine activities, it is
      403 words
    • Article
      Lock icon New Zealand group signs deal to service Soviet vessels
      329 21 AFP NEW ZEALAND'S Technic Group has signed sn agreement that could lead to the servicing of up to 100 Soviet ships a year in competition with Singapore and Peruvian interests. Under the deal, the company would represent Sovrybflot in setting up
      AFP  -  329 words
    • PORTSIDES
      • Article
        Marine traders resign
        109 21 THE entire trading personnel of Marine and General Investment Co the freight futures arm of brokers Galbraith's Ltd have resigned. The three-member futures team, headed by Philippe Van der Abele with lan Bland and Camilla Wall, will be working at Clarkson Wolff in the near future and
        109 words
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        Lock icon Wool rates to increase
        95 21 Reuter AUSTRALIA to Japan wool freight rates for the 1989 freight year will rise 7 per cent, effective Jan 1, the Japan Wool Commodity Group (JWCG) said. The increase follows negotiations in Osaka between the Australia Northbound Shipping Conference and the JWCG, representing Australian wool exporters,
        Reuter  -  95 words
      • Article
        Pirates were experienced mariners
        142 21 THE EIGHT pirates who hijacked the general cargo vessel Silver Med in Manila Bay last Sep 14 were experienced mariners led apparently by a ship's captain. The gang leader, identified only as "Romy", was quoted by surviving crew members as saying that he had worked as
        142 words
    • Article
      Lock icon Sea-Land lifts CSX Corp's third quarter earnings
      387 22 Lloyd's List A 50 PER CENT rise in the operating income of leading container shipping line Sea-Land boosted the third quarter profits of CSX Corporation. Sea-Land's operating income rose to US$3O million from US$2O million in the period, helping to lift the group's
      Lloyd's List  -  387 words
    • Article
      Lock icon TANKER RATES
      260 22 AFP THE TANKER market is currently enjoying benefits brought about by unrestrained production of crude oil in the Middle East Gulf, which has resulted in. cheap prices attractive to charterers, London brokers E A Gibson say in their latest report. Very active conditions prevailed over the past week
      AFP  -  260 words
    • Article
      Lock icon Ethiopian port project gets World Bank loan
      264 22 Reuter THE WORLD BANK has agreed to finance improvements to Ethiopia's main port which will double its cargo handling capacity by 1994, Michael Payson, the World Bank's representative in Ethiopia said. Payson said the US$l2O million project to upgrade the Red Sea port
      Reuter  -  264 words
    • Article
      INDEX TO ADVERTISERS
      797 22 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Adrich Shpg VII 1 Alltrons VII 3 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow Lines IX 5 ASCI III 1 Asian Ocean VI
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    • Article
      Lock icon Burmese ship sails to S'pore with rice cargo
      108 22 AFP A BURMESE freighter sailed to Singapore on Sunday with 300 tonnes of broken rice and 14 tonnes of flannel cloth, Burmese state radio said. The Pyidawaye, owned by the Metals Industry Corporation's shipping line, was delivering the goods to a private
      AFP  -  108 words
    • Article
      HK throughput rises to 2.6 m TEUs
      207 23 CONTAINER throughput via Hongkong rose 15 per cent to 2.61 million TEU« for the first eight months of this year. Kwai Chung, which handled some 75 per cent of the shipments. saw a 13 per cent improvement to 1.96 million TEUs. Containers handled
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    • Article
      Lock icon Authorities investigate Excelsior's ferry service to China
      285 23 AFP TAIWAN'S Excelsior Marine Co, which launched the first indirect ferry service between Taiwan and mainland China last month, is being investigated by the authorities, company manager Richard Du said. The company has received an oral warning from the navigation authority for having
      AFP  -  285 words
    • Article
      Fischer quits
      66 23 KLAUS Dieter Fischer, a member of the management of the Port of Hamburg Marketing Organisation has resigned Mr Fischer was responsible for marketing, public relations and finances at the organisation, which speaks for the Hamburg port operators. His surprise resignation comes at a time when Hamburg ie in
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    • Article
      LONDON FREIGHTS
      1195 28 DRY CARQO chartoring romainod fairly quiot on Frldoy. although sovoral vobbolb woro fixod by tho Indian Government for rico, coal, and fertilisers brokors aald. It covered two rock phoophato cargoes from Aqaba to wast coast India at a firm US$22. which lifted Ha Baltic Freight aub-lndex to $21.84
      1,195 words
    • Article
      SHIPPING LIST where your ships are due... and when
      5737 28 ST2-.k_.O-,, CtMnn Bey. TrMt, Oct ***** Ha. China Oeaen. OH 11 Vta de Mm CM DA/reaement OH 11 Mnn» Part*. Mam Una. OH 14 Mm® Sun. Yang Ming OH M «»lanHa. SeanOuWit Oh 14 TeMe Trtot OH UtHQ. Arthur Mai fit.
      5,737 words
    • Article
      SHIPS IN PORT
      1360 28 AT CONVENTIONAL WHARVES Vmailii l/l J3 II 10/2300 Sha*gnla M rtoigiit II KV2S00 VMM) Mian Mn Cno SatMJ .l B II KVQH0 12 10/2300 I Arrival DiptrtMi a II KVQB0 I2KVQH0 KEPPEL WHARVES Ha K 1 No 3 tenaa Joyo a a II.NH0RB II KVOBO II.KV2SW 12
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      722 21 STP Distributors n WW// Dedicated to Quality Service imj Jardines jAroine iMPPma agenciei 200 Cantonirent Road. /12 05 SooffipoM. Singapore 0206 Tel *****11 Tdti RS ***** Facsimile *****09 TERMINAtXFS Tel: *****11. *****19. *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS Tot *****304 PESAKA JAROINE SHIPPING AfiENCIES SOD IHO PORT KELANG Tel
      722 words
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      Page 21 Advertisements Column 2
      63 21 A 50 PER CENT rise in the operating income of leading container ship line Sea-Land boosted third quarter profits at CSX Corporation. Page II CONTAINER throughput via Hongkong rose 15 per cent to 2.61 million TEUs for the first eight months of this year. Page 111 Index to advertisers N
      63 words
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      Page 21 Advertisements Column 3
      721 21 «VBALT-ORIENT LINE Baltic Shipping Co Refutar Services from South East Asia to United Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Te i *****33 MAERSK LINE SERVICE ALL THE WAY This week M Paris 8b 14 Time CV 12/10 1730 MRS CFS 12/10 0730 MRS M
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      556 22 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT CARDIGAN BAY TOKIO EXPRESS HAMBURG EXPRESS LONDON EXPRESS LASEINE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP ALSO ACCEPT INC CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARNUS, GOTHENBURG, MALMO, HELSINKI, OSLO. AMSTEROAM, CARIBBEAN I S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT CALLING AT 'KOBE
      556 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
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      Page 22 Advertisements Column 3
      416 22 ii -a J We would like to inform all our clients that Mr. Affendy has been dismissed from our company with immediate effect. He is no longer authorised to transact any business and to sign any documents for and on behalf of our company and its affiliates/ subsidiaries. He still
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1025 23 -fThe Straits Steamship Group Mansfield Container Shipping PteLtd W. P&O Containers CONTAINER SERVICE TO UK/CONTINENT: fpn PJQaaf na m*| rtmnrtan Lad w w* H/n vu «m wi RIU wm am vni mm m um m am ant mu w w vn wi a«ii am uru aw w w am ■ru
      1,025 words
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      Page 23 Advertisements Column 2
      559 23 TOVCHDOWM Service I M Even a single carton.. "K" Line's Touchdown Service immediately delivers .y° ur shipments to 40 major U.S. cities. Wf Every week, vessels from "K" Lines modern containership fleet call at major Asian ports. TOUCHDOWN Service cargo is accepted for immediate shipment on the first ship out.
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      493 24 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE MOTHER VSL KYOWA HIBISCUS V.33 KYOWA VIOLET V.22 LOAD FOR: VILA; NOUMEA, LTK, SUVA, PAGO 2, APIA. HK LOAO FOR OCEANIA EXPRESS V-22 31/10 GUAM, SAIPAN KBE YOKO LOAD FOR KYOWA ROSE V-29 27/10 29/10 YAP
      493 words
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      Page 24 Advertisements Column 2
      789 24 Wb KS.IMtB fully containerised service 10 fUROPf VIA SUEZ T s M hp o ,hf ce Co no,, QUEEN'S WAY MIOCE 5W SEVEN SEAS MIOCE «W KOREAN CHANCE MW ACE CONCORD 17W ORIENTAL CHIEF UW YAHASHIN MARU Mi TRANSWORLO MIOCE 4SW A Member ollhf Ace Comoitiuni ORIENTAL CHIEF HE YAHASHIN
      789 words
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      Page 24 Advertisements Column 3
      348 24 FREIGHT LINKS EXPRESS PTE LTD DIRECT FCL St LCL SERVICE TO JAKARTA ETA 14/10 t 21/10 AFGHANISTAN NEW SERVICE KABUL/HAIR AT AN/TORGHU NDI 23/10 AUSTRALIA/ NEW ZEALAND SYDNEY, MELBOURNE FREMANTLE Also accepting to Darwin AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN ft NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA, FELIXSTOWE, LONDON, ANTWERP Also accopting to:
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      Page 24 Advertisements Column 4
      847 24 a EVERGREEN Full Container St Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ever GOLDEN EVE* GLOK EVE* GENTLE EVE* GENTRY EYE* GATHER EVER GOVERN EVER GARDEN EVER GROWTH ALSO ACCEPTING CARGO TO 1) mOVIOCNCt. NEWARK SAVANNAH, mJWKTON. HIMUOA. ETC 2) ATLANTA. CHICAGO. DETROIT. COU SSJSgSi.SS'K'ffiz z X X JB X X i KM
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      835 25 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE I SIN MV MM SIN •M isno 10/10 ii/ii ions 11/10 ion* isn* an* son* 22/10 27M0 Ji'io mm* tint an* mi MAJAPAHfT *7*l SEA QLOftY MM
      835 words
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      Page 25 Advertisements Column 2
      529 25 ®k BEN LINE CONTAINERS *:< i ;i i a.nn* inri i «*W« KM! KAVM EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Mm rhaven rtw mvm iron e «uk pom ro« 1 Umm MM Sa»M SwM SaOa* bM l|rit Ufl MKUO I Eiarm MM MM MM MM MM lint Wit MM. RAO ar
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      Page 25 Advertisements Column 3
      441 25 DJASAGETRI A Joint Europe Service Of: P.T. OJAKARTA LLOYD P.T. 6ESURI LLOTO P.T. SAAHJDERA INDONESIA P.T. TRIKORA LLOTO EXPRESS SEMI CONTAINERSNIP SERVICES -i L irf-T J<] .1 I iIWrTiTJ: VSL/VOY S. PANJANG/20WB MATARAM/22W8 Port Md. Port Aitiwdrte, O«io», Trieste. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UN PORTS.
      441 words
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      Page 25 Advertisements Column 4
      313 25 BOUSTEAD SHIPPING AGENCIES Ifel BURMA FIVE STAR SHIPPING HBPMiMi (Burmese National Line) Loading for Rangoon S pore P.Kalang Penang Bangkok RWRAYBANK V6N CLYDEBANK V24N mar.WUlaJrf.UMiifct-i SPORE ROAM HULL 22/10 24/11 1/12 19/11 11/12 2S/12 TAYBANK V4S Sport 27/10 BEECO ASIA V7S Sport li/11 (PNC ports: PORT MORESBY/RABAUL/LAE) T/S: ALOTAU, OROBAY,
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      663 26 K 1 KAWASAKI KISEN KAISHA, LTD. K'lini N. AMERICA-ATLANTIC COAST NYC 19/11 26/11 yu 10/12 HFX 23/11 30/11 7/12 14/12 NFK 17/11 24/11 1/12 «/12 CHLS 15/11 22/11 29/11 6/12 VOY 'INDO 15 10/10 •PK/PNC SGP LB 5/11 12/11 19/11 21/11 11/10 11/10 25/10 1/11 13/10 20/10 27/10 3/11 NEPTUNE
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      Page 26 Advertisements Column 2
      221 26 Accepting LCL and South Africa coMilnirind ctfQOflfl Dtncl to CANOPUS onzf NEDLLOYD COLOMBO M37F OSAKA MARU CS42F VIRGO OJC3F OSAKA MARU SI4IC MAYAKAWA MARU 6240G VENTO 07Q3G m Jtrdm JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE 02M Tel: *****11 TELEX NO: RS ***** TERMINAI/CFS Tel
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      Page 26 Advertisements Column 3
      619 26 7t€ H KALIOAS 39 T TULSIDAS VJt K HAL IDAS V.« T TULSIDAS *J» AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P Httonj P*nao| loedinf (or B. Ftator B, Food* 10 Oct to Oct rrmi*+t*r*iM* 4Mm 4 Net Frem/MoM/Sydn/Ad* 2Ok 2Ok Frem/Ma»/Sydn/Adal aOk »Ok Fr«M»e»/Srd«vAda 17 Oct 11 9 Ok
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      Page 26 Advertisements Column 4
      535 26 GOLDEN LINE GUAN GUAM SWUNG (PTC) ITD V a, T«M AMT StrMt SINGAPORE UN TEL: SMW (M LINES) Fac SMH STRAITS/PERSIAN GULF SERVICE: Spora P Kate.* GOLDEN HARVEST MIX Oct GOLDEN WONDER CHINA SERVICE DAI TUN SHAN HiMtaWSAat** GU SHAN Hiai^ii/Stai^Hi S port PI N/S Oct a/a s* 17/11 Oct
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      Page 26 Advertisements Column 5
      337 26 P S PHIU OniCNT LIN€S PT€ LTD HAD OFF a 63 ROBiNSOS ROAD »C 7 '2 AFRO ASIA BUILOING Si*GArORC CICS TU£* RS ?8<?0 F'miii Ffi» ?7556 S EAST/FU EAST Fa A LCI SBWK ETA SINGAPORE I DESTINATION i»ao 22 M vna. ism ana m». Una ana. 2vm OUBA! DAMBAN.
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      762 27 NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA I NEPTUNE ORIENT LINES LTD J.Bahry HNIY G«n«ral Enquirt**: Td: *****77 Terminal CFS BOOKINGS *****72 *****53 NEPLINE SDN. BHD. JHW7 NEPLINE SDN BHD 261M33 NEPLINE SDN BHD unawmtiamiiunti NEPLINE SDN BHD 23M4W23M11 27*753 *****42 27*111 2 mill *****11 27*141 INVfARDOUTWARO ENQUIRIES *****44 UT
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      Page 27 Advertisements Column 2
      459 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG. BUSAN. INCHON WEF JUNE:1) BUSAN I SBMAPORE 2) SINGAPORE/ KEEL UNO 10 DAYS SERVICE It SERVICEII Vessel's Name ETD BS S TOW PKELANC KEE BUSAN NO JI NO I DON AM/UN 2MB IN TOflT 12-13/10 20/10 23 2S/10
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      Page 27 Advertisements Column 3
      718 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANC P. KEIANC MESSRS HAI THONG SWPPINC 127 PMHaSfcoat. FW* Malay** M/S HANDLING SYSTEM CO SON KNO
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      305 28 rrTTTvn a rt»iy aasM DSR-LIMES /EES OF RACHT St F RF F Dfc RF ROST( INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE LMNACA: MCEPTMB CNBO FDR— LMMSSOL, BEHUT. lATTAKIA, ALEXANDRIA, PORT SAO, PIMBJS, ItCSSALOMKI, OMR, IB6M. ISTANBUL TO COLOMBO ft INDIAN SUB CONTINENT
      305 words
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      Page 28 Advertisements Column 2
      86 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WI T H FIXED DAY ARRIVAL SHOFUKU OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT Vl4 ETA SIN IS/IS/SS PORE KAOSHIUNG KEELUNG TOKYO SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS DAYS 9 DAYS 10 DAYS 11 DAYS SHOFUKU AGENCIES (S) PTE LTD TEL: 22SMM
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      109 28 Regional WmHmt 5% 9R X y* i/rr *21 v- < 0 LIGINO R Thunderstorm Tempera* Sho~er w Ron Clou* Sky W4m m* m ■*c«W kr *>M «V <•** Qy One tul c#cte represents calm or kght an I—► O* tul Heche represents 10 knots 4_ We»e m mm* et 0
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      558 29 DESTINATION ETA SINGAPORE HONG KONG KEtIUNG, KAOHSIUNG 17/10, 26/10 11/10, 24/10, 2/11 MANILA 16/10, 23/10, 31/10, 6/11 JAKARTA (FCL) 13/10, 16/10, 20/10, 23/10 TOKYO. KOBE. BUSAN (FCL) 26/10. 12/11, 22/11 15/10, 4/11 W ABSontaE^^W WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: ANTWERPEN 211 ETA 23/10/88 Only
      558 words
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      Page 29 Advertisements Column 2
      440 29 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fai: *****61 Tlx ***** CSPFRT r s m tt i S'pora to USA (ALL PORTS) S'por* to Auckland S'pore to Antwerp S'pore to Copenhagen S'pore to Framantla S'pore to Inchon/Buaan S'pora to Chlttagong S'pora to China (All Porta) S'pora to Bombay
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      Page 29 Advertisements Column 3
      403 29 <CF5> CRYSTAL FREIGHT SERVICES CRYSTAL' WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 14/10/88 AUSTRALIA MELBOURNE/SYDNEY 15/10/88 FAR EAST BUSAN 20/10 BANGKOK 17/10 HONG KONG 17/10 KEE/KAOH 16/10 CALL BOOKING HOTLINE FOR BEST RATES 2253 I 2 2 TEL: *****88 TELEX ***** CFSW FAX *****88 PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA ft
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      163 29 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo OROBA Y, MADANG. KIETA, WEWAK KIMBE. RABUAL via LAE) ypott: NEPTUNE AGENCIES PTE. LTD T«l: *****77, 275W34, *****71 m omct m name nwca PTL LTD. (STORE) TEL: IMS
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      216 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 rui IRAQI LINE I**o' S'» T f fMTf RfßlSf (0* »■!!>■( Ta»NJPO« T EAST BOUND SERVICE ETA S PORE LOADING FOR MV SINDBAD 11/10 Japan MV ALRAZI 20/10 Japan WEST BOUND SERVICE ETA S PORE LOADING FOR
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      Page 30 Advertisements Column 1
      302 30 Hai Sun Hup Co (Pte) Ltd TFI *****06 (20 Lines> TLX HS ***** RS ***** IMLintermaritime SOUTHERN AFRICA S^IVICE DIRECT MONTHLY SAILINGS KK STORE PK DBN CT m vn* 2#no 27/io wio wi n/n •Al*o call* E.L. I P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. SINGAPORE TEL: 22MNS
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      Page 30 Advertisements Column 2
      304 30 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULFKANADA/HEXI AND FRENCH WEST INDIES VSL Sport LtHiyrt Consorting VSL SELANDIA V 312 17/10 3/11 STUTTGART EXP TOY AHA V 372 24/10 10/11 DUSSELDORF EXP B. PCRMAI V 382 31/10 17/11 NUERNBERC EXP For: Halifai, Montreal Toronto. How Vort Baltimore,
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      Page 30 Advertisements Column 3
      251 30 w P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 »>:: s -f.w M.Vi' VSL PUL ADIL
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      Page 30 Advertisements Column 4
      600 30 WJUi CALL US AT: p KELANG > i PENANG nzn —> J- BAHRU 7 n.,.. I P. GUDANG SINGAPORE K. LUMPUR is mM' *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE OTHER DESTINATIONS AARHUS. AMSTERDAM. ANTWERP. BASLE. BREMEN. BREMERHAVEN. COPENHAGEN. HELSINKI. HALMO OSLO.
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