The Business Times, 18 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 18, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    245 1 AP Footsie up SHARE PRICES firmed up in London at midday yesterday, sparked by news of several cash takeover bids. By 12.17pm, the Footsie 100Share Index was 17.1 points higher, or 0.9 per cent, at 1857.7. Volume was a relatively healthy 246.0 million shares compared with 350
    AP  -  245 words
  • Article, Illustration
    ST Industrial hovers above 1,000-mark
    225 1 SCATTERED bargain-hunting and some short-covering interest helped share prices rise over a broad front on the Singapore stock market yesterday. But the absence of fresh factors dampened trading. Brokers attributed the rebound to a technical correction after several days of downturn. They said an expected
    225 words
  • Article
    US$ easier in early European trading
    110 1 THE AMERICAN DOLLAR eased in early European trading after firming in Tokyo yesterday on fears of central bank intervention. Dealers said the dollar rose in Tokyo on news that the Bank of Japan was checking the dollar/yen rates before and after the opening. The
    110 words
  • Article
    Lock icon Bases accord draws fire from Manila senators
    128 1 Reuter PHILIPPINE SENATORS accused the US yesterday of short-chang-ing Manila in a new deal for military bases and warned of possible removal of the installations after 1991. The Senate Defence Committee, angered by the deal, passed a resolution calling on President Corazon Aquino
    Reuter  -  128 words
  • Article
    Two $500 m bids for entertainment centre
    496 1  -  Marina South theme park to be ready in 6-10 years By TONG SUIT CHEE A JOINT VENTURE with the listed Wearne Brothers as one of the two partners has submitted a bid of at least $500 million for the right to develop a
    496 words
  • Article
    First The Crash, now The Yawn
    227 1 ONE YEAR after last October s great crash, the mood in the securities industry is decidedly funereal. Indeed, everyone, it seems, is still mourning the loss of their bovine friend, and making excuses for shunning the stockmarket. Shrinking turnover has led to a series
    227 words
  • Article
    Lock icon Oil prices rally on Gulf agreement
    95 1 Reuter OIL PRICES yesterday shot higher after Saudi Arabia and its Gulf Arab allies agreed on proposals which could be the blueprint of a new Opec pact to curb excess output and deal with the present glut in the market. Crude oil prices took
    Reuter  -  95 words
  • Article
    Lock icon Takeshita denies wanting finance minister to resign
    306 1 AFP JAPANESE PREMIER Noboru Takeshita yesterday denied that he wanted Finance Minister Kiichi Miyazawa to resign, in spite of saying that he bore "moral responsibility" in a stock market scandal which erupted in July. Mr Miyazawa, considered a potential future prime minister, apologised
    AFP  -  306 words
  • Article
    Lock icon Three win medicine Nobel
    106 1 AP THREE RESEARCHERS from the US and Great Britain won the Nobel Prize in Medicine yesterday for discoveries leading to new drugs for heart attack and cancer victims and the most widely used drug against Aids. Sir James W Black, 64, of King's College Hospital Medical
    AP  -  106 words
  • Article, Illustration
    Database of procurement offices to be developed
    296 1  -  By LILY FERNANDEZ THE Trade Development Board will develop a database of international procurement offices (IPOs) and their sourcing requirements for local and regional vendors. Disclosing this yesterday, TDB's chief executive officer Mr Yeo Seng Teck said this information will help to ensure
    296 words
  • Article, Illustration
    Telecoms to take up challenge of international marketing
    448 1  -  By WILLIAM CHIA THE GROWING globalisation of business has created new challenges for Telecoms in international marketing, its general manager and chief executive officer, Mr Wong Hung Kim, said yesterday. The move by companies, notably American and Japanese, towards geographical diversification means
    448 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      203 1 Nikon The World's Finest Photographic System. Full report, PAQE 16 Regional report, PAQE 18 DoYour Clubs Fit Your Game? Estimates show that the majority of amateur golfers play with equipment that do not fit their game. Every player has his or her own individual "playing frequency" which is related to
      203 words
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      Page 1 Advertisements Column 2
      241 1 Four Gulf states agree to abide by Opec celling, PAGE 8 Editorial Comment: 10 The bright road from Brighton Accounting Industry 2 The answer to shortage of technicians Oil supply 8 Four Gulf states abide by Opec ceiling Technology 3 The big buys in biotechnology World property markets 10 Fund
      241 words
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      Page 1 Advertisements Column 3
      166 1 Nikon The World's Finest Photographic System j Now you need never visit a factoring company again. The fact of the matter is that now the United Overseas Bank Group has added factoring to its already impressive list of financial services. So in future if you need to realise some ready
      166 words
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  • HOME NEWS
    • Article
      Accounting technicians in short supply
      497 2  -  By MARTIN SOONG ACCOUNTING TECHNICIANS, the backbone of the industry, are in dangerously short supply. But the Singapore Society of Accountants believes training the local pool of about 100,000 accounting clerks to become technicians could solve the problem, and at the same time salvage some
      497 words
    • Article
      Local furniture makers heading for High Point
      240 2 E&VEN local furniture makers arfe headed for the US to display their wares at the week-long Hl|h Point Furniture Show which stfrts on Thursday. „This will be the fifth time local makers of knock-down wooden furniture and leather upholstery will be taking part
      240 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      266 2 LEWIS BLOOM has been appointed executive assistant manager of the Marina Mandarin Singapore. Mr Bloom, who has about 10 years' experience in the hotel industry, has worked in several chains in London and Sydney. Prior to this appointment, he was with Shangri-La Hotel in Kuala Lumpur. ROBERT
      266 words
    • Article
      SSA in Masters' programme with Strathclyde University of Scotland
      358 2 THE SINGAPORE Society of Accountants (SSA) yesterday signed an agreement with Scotland's Strathclyde University to launch the university's Master of Business Administration programme here. The agreement was signed here by SSA president. Keith Tay, and Gordon Anderson, director of the programme.
      358 words
    • Article
      Corrections and clarifications
      44 2 IN THE BT report "Data Dynamic# latches on to a growth industry" on Oct 11, it was stated that Data Dynamics' sales last year amounted to $8 million. The fiflure should have read $28 million. We are sorry for the error.
      44 words
    • Article, Illustration
      Carlton ties up with HK firm to manage hotel
      441 2  -  By TONG SUIT CHEE CARLTON HOTEL Ltd has formed a joint management company with a Hongkong firm to run the $120 million hotel at Bras Basah Road. Swiss-Belhotel. a Hongkong management company and management consultant, will have a 35 per cent
      441 words
    • Article
      Philips resolves labour relations problems
      292 2 STRAINED labour relations between Philips Singapore and its South Korean female employees have been soothed, according to a Philips statement yesterday. A Philips spokesman said the recruits "are now much more aware and understanding of the good employer-employee relations which Philips has always maintained". Unhappiness
      292 words
    • Article
      Challenges and strategies for the next decade
      125 2 LOCAL businessmen will get a chance to find out more about business opportunities in the next decade at a one-day seminar this Friday. Hosted by the Singapore Manufacturers' Association, the conference will be on "Singapore Businesses Challenges and Strategies for the *****". The
      125 words
    • Article
      Indian High Commission closed today
      38 2 THE High Commission of India in Singapore will be closed today on account of Dussehara. a festival which commemorates the victory of Lord Rama over the demon king. Ravana, in the epic. Ramayana
      38 words
    • Article
      Oct 31 deadline for nominations
      153 2 MEMBERS OF the public have two more weeks to submit their nominations for the 1968 Businessman of the Year (BOY) and Enterprise Award. The deadline is now Oct 31. The extension is in response to requests from members of the public who had asked the
      153 words
    • Article
      Electrolux seeks share of building overhaul market
      396 2  -  By GENEVIEVE CUA SWEDISH GIANT Electrolux is out to corner 5 per cent of Singapore's booming market for overhauling buildings. This is part of the home appliance maker's effort to expand its services divisions, said its managing director in Singapore. Kristian Borglin. A
      396 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      86 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day A Great Italian Event Staged In A Perfect Setting "Ghost" Armchair designers: Cini Boeri, Tomu Katayanagi producer: Fiam srl ITALIAN DESIGN AT FIRST INTERNATIONAL DESIGN FORUM RAFFLES CITY CONVENTION CENTRE SINGAPORE, 19-23 OCTOBER 1988 f m n-. fe" DESIGN "Sity"
      86 words
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  • TECHNOLOGY
    • Article
      Drug companies rush to form tie-ups with biotech leaders
      383 3 IN THE BELIEF that the biotechnology industry is about to become a major source of important new drugs, the big pharmaceutical companies are racing to strengthen their ties to the industry's most promising members. Both the number and relatively generous terms
      383 words
    • TECH-TAKES
      • Article
        Lock icon JET fusion lab heats gases to 100m degrees C
        263 3 Reuter EUROPEAN scientists developing a revolutionary form of nuclear energy said on Monday they had heated gases to world record temperatures of over 100 million degrees Celsius (about 200 million Fahrenheit) almost 10 times hotter than the sun. John Maple, spokesman
        Reuter  -  263 words
      • Article
        Lock icon A Biin to keep all high-security applications
        146 3 NYT BUN, a joint venture between the Intel Corp and Siemens AG, introduced last week two computer systems intended for specialised fault-tolerant applications where high security is desired. These computers are widely used in such applications as banking, electronic funds transfer and airline
        NYT  -  146 words
      • Article
        Lock icon Apple's new Mac has more punch and power
        139 3 NYT APPLE Computer Inc recently introduced the Macintosh llx personal computer, which it said performed 10 to 15 per cent faster than the current Mac 11, Apple s most expensive machine. The new machine is Apple's first to be based on the
        NYT  -  139 words
    • Article, Illustration
      Recorder that makes instant slides
      175 3 POLAROID, the makers of instant developing films, has introduced a film recorder for making instant slides and prints from video materials. Called the Freeze Frame Video Recorder and developed jointly with Toshiba, the device captures and digitises an image which can then be printed out
      175 words
    • Article
      Computer firm lines up health-care software
      573 3  -  ECS-bbj hopes to be a force behind MediNet By JEFFREY TSANG EVEN before plans for the new medical computer network have gelled, local computer house ECS-bbj Computers has already laid out plans for products to service the market. When MediNet which is essentially a
      573 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      57 3 Ken-Air Rent a Car scores another Ist exciting Toyota WmBSSm 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, please call *****82 or jfciL *>' *****88. OFFER! FREE LOAN OF COMPACT
      57 words
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      Page 3 Advertisements Column 2
      71 3 PC Corner was held back because of pressure on space sir v ■4i x ><* **r~- u* A ib P 'V >ki r ?s v i? 11 S:W@?W: \V* e \N rM2mm& \< i > a\\ \P V W v v> \o V Xrfi i \>V" 'vl^' V- \VA -z>\.
      71 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Peres says he's willing to give up Gaza Strip
      493 4 AP ISRAELI Foreign Minister Shimon Peres said on Sunday he would be willing to give up the occupied Gaza Strip in exchange for peace if his Labour Party wins the country's Nov 1 parliamentary elections. Mr Peres' statement to a Foreign
      AP  -  493 words
    • Article
      Lock icon Jordan planning austerity drive
      231 4 Reuter JORDAN is planning an austerity drive coupled with a boost for exports and private enterprise under its 1989 budget, according to a senior Jordanian official. The Council of Ministers weekly meeting last Saturday discussed the broad outlines of the budget, expected to be unveiled in
      Reuter  -  231 words
    • Article
      Lock icon Saudi farm products account for one third of non-oil exports
      189 4 AFP AGRICULTURAL PRODUCTS accounted for 30 per cent of Saudi Arabia's total non-oil exports in 1967, Saudi Agriculture and Water Minister Abd al-Rahman alSheikh said in Riyadh on Sunday. The Saudi official, cited by the official SPA news agency, said
      AFP  -  189 words
    • Article
      Lock icon First test for Thai coalition government
      513 4 AFP THAILAND'S new coalition government faces its first parliamentary challenge tomorrow when lawmakers begin a censure debate on Vice-Minister of the Interior Santi Chaivirattana. The opposition, which counts 123 deputies belonging to eight political parties, has gathered 115 signatures for the censure motion, 43
      AFP  -  513 words
    • Article, Illustration
      Lock icon Pakistani parties evenly matched in race to polls
      563 4 Reuter AFP THE PAKISTANI Muslim League (PML) and the opposition Pakistan Paopla's Party (PPP) ara running neck-and-neck a month ahead of parliamentary elections Nearly 2,000 candidates are running for the 217 seats in the National Assembly, which includes 10 seats for non-Muslims.
      Reuter; AFP  -  563 words
    • Article
      Lock icon Sinhalese radicals want Jayewardene out
      351 4 AP SINHALESE radicals opposing the government's peace overtures to Tamil rebels on Sunday threatened to disrupt Sri Lanka's December elections unless President Junius R Jayewardene resigns. The demand was one of seven made by the extremist People's Liberation Front. It called for the repeal of
      AP  -  351 words
    • Article
      Lock icon Beijing sets up teams to crack down on graft
      410 4 AFP CHINA has formed 27 special teams to mount a nationwide crackdown on rampant corruption, according to the official New China News Agency (NCNA). The teams are the latest addition to a stream of stiff anti-corruption measures taken by top Chinese
      AFP  -  410 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      118 4 Ce/ejhjCC& the/ 7tfK*? 'irill 1 m.»lk M*«S* .<£ •?/>;§?> j '^41 a? c&a t '>^piP f 1 if |#i p <K 7f\& The hunt has begun. We at Baron's Table dare you to join in this game season. Venison medallions, cutlets of hare, partridges, pheasants, wild ducks Relish in exotic
      118 words
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      Page 4 Advertisements Column 2
      21 4 Air Seychelles departs Every Wednesday non-stop to Seychelles with departures to Europe. Enquiries: 235 9900 m s r <v) y arc
      21 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      16 4 Doonesbury BY GARRY TRUDEAU rrs NOW OFFICIAL—pßesipem eeoßGe HERBERT MIALKER BUSH, DEAD OF FOOD POISON IN6AT6Sf
      16 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      121 4 rc) 19/11 Hoxe 14/12 Cloudy 22/16 Oeor 35/27 Cleor 31/24 Ooudy 30/25 Cloudy 22/09 Oeor 27/19 door 25/15 Clear 15/09 Cloudy 24/21 Cloudy 16/10 Cloudy 34/17 Cloudy 16/06 Cloudy 17/12 Cleor 18/07 Cleor 27/17 Clear 10/03 Qwr 15/06 ftoin 25/15 Cloudy 24/14 Rain 11/06 Cloudy 32/26 Htm 14/07 Cloudy 16/13
      121 words
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  • REST OF THE WORLD
    • Article
      Lock icon Major nations await EC debate on trade policy
      549 5 Reuter THE EUROPEAN COMMUNITY (EC) Commission is set this week to give its reply to fears the planned abolition of internal EC trade barriers will create a "fortress Europe" closed to foreign goods and services. Tomorrow the 17-man executive body will debate
      Reuter  -  549 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1041 5 ARRIVALS Operator Sorvte* Local From number time ALK UL455 0255 NftT FTl FT75 0258 ATL/DFW /ORD/ ANC/NRT/MNL/ TPt JAL JL617 0340 TYO CAL Q333 0405 TPE AM CW707 0410 MTS/MRU SWAZI SIA SQ691 0650 KHH ACA ACS 84 0725 YYZ/YHZ/ BRU/OXB MAS MH640 0820 KUL SVA SV398
      1,041 words
    • Article
      Lock icon Higher wage awards unlikely to boost UK inflation: analyst
      180 5 Reuter ANY excessive pay awards in the approaching round of British wage negotiations will create higher unemployment rather than boost inflation, according to County Nat West UK economist Stephen Hannah. Since the UK authorities are now clearly committed to defeating inflation,
      Reuter  -  180 words
    • Article
      Lock icon 'Bonn may not finance new Airbus planes'
      289 5 Reuter THE WEST GERMAN government will not give any state funds for the building of new Airbus planes if Daimler-Benz AG takes a stake in Messerschmitt-Boelkow-Blohm GmbH (MBB). according to a leading Bonn newspaper. Bild am Sonntag, in an advance publication of today's
      Reuter  -  289 words
    • Article
      Lock icon Unita chief hopes Cubans will leave within a year
      274 5 NYT JONAS SAVIMBI, the Angolan guerilla leader, has said that a total withdrawal of Cuban troops from Angola is not important as long as those Cubans who remain are only a token defence force and do not stay indefinitely. The Cubans
      NYT  -  274 words
    • Article
      Lock icon Soviets rushing for electrical appliances
      271 5 AP ELECTRIC appliances such as refrigerators, irons and washing machines have vanished from Moscow stores, partly because production levels have stagnated amid rising demand, a Soviet newspaper has reported. The article in Trud. the Soviet labour daily, was the latest in a series of recent
      AP  -  271 words
    • Article, Illustration
      Lock icon Bush plans to wipe out budget deficit by 1992
      605 5 AP Reuter VICE-PRESIDENT George Bush has refused to spell out what programmes he would cut to try to balance the budget, but maintains that his budget plan would wipe out the US federal budget deficit by 1991 or 1992. The Republican
      AP; Reuter  -  605 words
    • Article
      Lock icon Mrs Reagan's, Aquino's wardrobes in the limelight
      438 5 AP NANCY REAGAN has borrowed expensive clothing and jewellery for over six years without reporting the loans as required under an ethics law. And President Corazon Aquino has dismissed rumours that she was spending millions of pesos for her dresses because she never
      AP  -  438 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      59 5 rII/ I \j\ Ifl 1£ The business person's choice, every I I II 111 1 Tuesd °V' Thl,rsd °y- Soturdoy ond I 1 1 I II f Sunday. leoving Changi Airport at I\V 1 1 22:05 hours and arriving ot Lester B Ftearson International Airport the following doy Call your
      59 words
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      Page 5 Advertisements Column 2
      190 5 9 AHOME NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family
      190 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon S Korean trade accounts push won up
      395 6 Reuter SOUTH KOREA'S soaring trade and current account surpluses are forcing daily revaluation of its currency and the psychologi-cally-important barrier of 700 won to the US dollar looks set to be broken soon, perhaps this week. A South Korean Finance Ministry official said
      Reuter  -  395 words
    • Article
      Lock icon Forex markets
      996 6 OCBC Reuter SINGAPORE: The US dollar yesterday closed slightly higher against most major currencies. Against the Singapore dollar, the US dollar closed unchanged at 2.0200/10 in moderate trading. It traded within a range of 2.0190 and 2.0207. It opened initially at 2.0200/20. The dollar's recovery was attributed to
      OCBC; Reuter  -  996 words
    • Article, Illustration
      World interest rates
      182 6 Indicates tha average of tha prim* landing rataa of 12 major banks In S'poro Average of prime or equivalent lending rate on Oct 17 London 12.0% Hongkong 9.5 N*w York 10.0% Bangkok 11.5 Tokyo 3.375 Jakarta 23.0 Zurid»* 4-5% Kuala Lumpur 7.0 Frankfurt* 5.0% Manila 16.0 Sydney
      182 words
    • Article
      Lock icon France set to defend franc
      136 6 Reuter FRANCE is ready to defend the franc by raising interest rates if the currency comes under attack, according to Finance Minister Pierre Beregovoy. "I don't know if the franc will be attacked If it is, I would take the necessary measures to consolidate the
      Reuter  -  136 words
    • Article
      Lock icon Japan hints at intervention
      74 6 AFP JAPANESE Finance Minister Kiichi Miyazawa said the monetary authorities were ready to take action to cope with currency fluctuations. The "monetary authorities are ready to cope with exchange fluctuations if necessary", Mr Miyazawa, commenting on the dollar's fall in Tokyo, told a press conference yesterday.
      AFP  -  74 words
    • Article
      Simex
      488 6 DECEMBER Eurodollar futures opened two ticks lower on Simex yesterday from Friday's Chicago closing levels at 91.35 following recovery in oil prices, a weak dollar and rumour of a $1 billion sell order in the bonds. The December contract traded to a high of 91.39 when the dollar recovered
      488 words
    • Article
      IMM
      186 6 IMM currency futures reversed opening losses and closed higher on Friday. Sterling futures led the rally after UK Prime Minister Margaret Thatcher voiced approval for higher interest rates as a means of fighting inflationary pressures. Sterling's rally was damped temporarily by Bank of England intervention to halt the currency's
      186 words
    • Article
      Asian dollar market
      249 6 ASIAN DOLLAR deposit rates ended the day yesterday at opening levels, with quiet trading in the afternoon due to a lack of fresh factors. The market will be looking for direction to this week's release of US September housing starts, due tomorrow, and consumer price index and
      249 words
    • Article
      Money markets
      61 6 THE OVERNIGHT rate on the Singapore money market (ell 3/8 point to cloee at 4-3/4 per cent yesterday One month fell 1/16 point, while two and three months were unchanged. S$ Interbank rat** at th« dot* ystwday, ona md 0*wm&> 4 3/4 3/t lHMMh 3 3 2-moMk 3
      61 words
    • Article
      Government securities market
      101 6 Treasury bills P*riod Issue Y*st*rday's doting Oay's cod* Maturity MO OFfH HKX LOW 3 months RQ*****S 15.01.89 4.43 4.38 4.42 4.39 6 moirthi BY*****Z 23.03.89 4.70 4.65 1 ymar BY*****S 20.07.89 471 4.66 Government notes end bonds Period iuu* Maturity Coupon Y»st*r day's dosing Day's cod* rat*
      101 words
    • Article
      Options
      1392 6 CURRENCY FUTURES OPTIONS Monday, Oct 17, 1988 DEUTSCHE MARK (SIM EX) Mm SS cam NM Lot Saa Nov 6S pato Saa 52 53 54 55 56 1746 396 179 37 3A 6A 20A 1 2 4 20 57 53 54 55 56 57 5* AO *1 *2 0 1971
      1,392 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      121 6 ■f&MjcrxjLrtjcrtjcrxxr WORLD'S FIRST BILINGUAL CHINESE ALWIANAC DIARY I 2E?± I* tt 2. is S&S a t* ik UJ »2M *1 *>J tt 1989 DIARY CONTENTS HOW TO RECEIVE THE GOD OF WEALTH CHINESE ZODIAC FORECASTS PREDICTIONS ON WORLD AFFAIRS LUCK CYCLE FOR ALL PROFESSIONS DAY-BY-DAY FORECASTS aira TO BE PUBLISHED
      121 words
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  • BANKING AND FINANCE
    • Article
      Amex outbids UOB for contract to operate ATMs at Changi Airport
      431 7  -  By LEONG WEN WAH AMERICAN EXPRESS has won a three-year contract starling Dec 1 to operate the first automated teller machines at Changi Airport's East and West Arrival Baggage Claim Halls. Amex outbid the United Overseas Bank in a
      431 words
    • TAKING COVER
      • Article, Illustration
        Unravelling some of the mystique of insurance jargon
        519 7  -  by PAUL FRANKLAND THIS IS the second instalment in my occasional series on the insurance lexicon. Insurance terms often seem arcane, even antiquated, and consumers are entitled to simpleEnglish translations. Herewith: a guide to insurance terms that start with the letter "B".
        519 words
    • Article, Illustration
      Simex upgrades Winall Investments to corporate clearing member status
      295 7  -  By ALVIN TAY WINALL INVESTMENTS Pte Ltd has been upgraded to corporate clearing member status by the Singapore International Monetary Exchange, a move which will be a boost to the exchange s proposed fuel oil futures contract. BT understands that the
      295 words
    • Article
      Asian bankers' seminar
      266 7 SOME 100 senior bankers from Asia and Australasia will be attending a seminar and general meeting of the Asian Bankers Association (ABA) in Singapore from Oct 31. The Minister for Finance. Dr Richard Hu, will open the two-day seminar entitled "The recycling of Japanese funds: Strategic implications
      266 words
    • Article
      Lock icon Nod for Spain's biggest bank
      282 7 Reuter SHAREHOLDERS of Banco Espanol de Credito and Banco Central approved at separate meetings on Saturday a plan to merge the banks and create Spain's biggest commercial bank. The chairman of Banco Central, Alfonso Escamez, told shareholders that the merged bank. Banco Espanol Central de
      Reuter  -  282 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      340 7 With The Revolutionary Plug-In Cpu Board That Gives You Unprecedented Flexibility To Upgrade, Well Into The Future. Freedom is the M 290 PC that improves v* Plug-in CPU board Olivetti's M 290 was created to be the most flexible and powerful 286-based PC available. This new 12MHz desktop was developed
      340 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Four Gulf states agree to abide by Opec ceiling
      482 8 Reuter SAUOI ARABIA, the world s largest oil exporter. Kuwait, Qatar and the United Arab Emirates said in a joint statement they are willing to abide by an Opec ceiling of 17.4 million barrels per day (bpd) for all Opec members.
      Reuter  -  482 words
    • Article
      Lock icon Egypt to raise crude prices
      120 8 UPI EGYPT, reversing a downward trend that has continued for two months, decided on Sunday to raise the price of its crude oil exports by 30 US cents a barrel for the second half of October, the Middle East News Agency said. It said the
      UPI  -  120 words
    • Article
      Lock icon US, Soviet Union fail to strike new grain accord
      530 8 UPI US-SOVIET negotiators, in their first meeting since a long-term grain agreement expired, failed to write a new agreement, but the US government said it will keep trying for a new five-year pact. Trade ambassador Alan Holmer, the lead US negotiator,
      UPI  -  530 words
    • Article
      Lock icon China curbs private rice sales
      483 8 Reuter CHINA is moving to stamp out "grain wars" sparked by rich coastal provinces buying up scarce grain from poorer inland regions. Beijing has slapped curbs on the private trading of rice but agricultural officials say it is still unwilling to face the key to
      Reuter  -  483 words
    • Article
      Produce prices
      197 8 Chinese Produce Exchange Sellers' noon doting prices on Oct 17 (SS/100 kg) Coconut oil Bulk FOB 118.00 Old drum FOR 128.00 New drum FOB 132.00 Copra Mixed (loose) 69 sellers Pepper Muntok white FOB NIW 542.50 Sarawak white FOB foq NIW 532.50 Sarawak special block FOB NIW 312.50
      197 words
    • Article
      Lock icon Challenge for the palm oil industry
      329 8 Bernama THE TIME has come for the Malaysian palm oil industry to initiate concerted efforts for the common good of its members. Secretary-general of the Ministry of Primary Industries Datuk Wong Kum Choon said the present scenario provided an excellent opportunity to bring this
      Bernama  -  329 words
    • Article
      Lock icon Manila drafting guidelines for exploiting minerals
      176 8 Reuter THE PHILIPPINE government is drawing up guidelines that would allow foreign companies to engage in mineral exploration in the country. Foreign companies now take up to 40 per cent equity in a mining project, with the remaining 60 per cent reserved for local
      Reuter  -  176 words
    • Article
      Lock icon Increase in coffee quota seen in the balance
      252 8 Reuter THE CHANCES of an increase in International Coffee Organisation (ICO) global quotas during the October/December quarter appear to be finely balanced, analysts and dealers in London said. Quotas will be raised by one million bags if the 15-day average of the
      Reuter  -  252 words
    • Article
      Lock icon Call for more research into new rubber uses to boost industry
      431 8 Bernama DEPUTY Prime Minister Ghafar Baba yesterday called for an intensification of research into new uses of rubber with a view to enlarging Malaysia's rub-ber-based manufacturing industry. "The time has come for us to focus our attention towards rubber
      Bernama  -  431 words
    • Article
      KL Tin
      168 8 STRONG buying demand prompted by Friday's steadier European spot marliet and the extension of last week's bullish trend saw the KLTM doee four centa higher at M 519.54 a kg. But dealers said the rise was limited by equally higher offerings cauaed by accumulation over the weekend. Rlnggit's
      168 words
    • Article
      Lock icon Crude Oil and Products
      155 8 Source: Telerate FUEL oil prices climbed higher yesterday following a spate of bullish news. The news included a fairly positive outcome resulting from the GCC meeting and talk of a possible Saudi production cutback. Sellers were heard notionally indicating US$6O per tonne (fob Sing) and higher.
      Source: Telerate  -  155 words
    • Article
      Palm Oil
      306 8 MALAYSIAN crude palm oil future* closed higher in active trading on the KLCE yesterday in line with a firmer cash market The firmer trend was due to the strong support arising from lower than expected Porla's forecast After a steadier opening. prices rose further on speculative buying interest
      306 words
    • Article
      Precious Metals
      267 8 HONGKONG: Gold closed higher yesterday on light short-covering by local investors in the afternoon session Bullion ended at U*****.20/70 an ounce against an initial US$4lO.BO/411.30 and compared with Saturday's close here of US$4ll.OO/50. On the local market, gold rose HK$3 to close at HK53,851 a tael. Coins were
      267 words
    • Article
      Rubber
      291 8 SINGAPORE: Rubber prices ended moderately lower yesterday with November RSS 1 buyer quoted at 196.00 cents a kg. down five cents from last Friday's close. Prices fell four cents in quiet morning trade on long liquidation of nearby positions and continued to ease in thin afternoon trading on some
      291 words
    • Article
      RAS and MRELB
      290 8 RAS prices in S c*nts/kg, FOB In b«l* NOON CLOSE Buy*rs S*ll*rs Buyers Sellers tut 1 RSS Prompt 198.00 199.00N 197.00 198.00N Int 1 RSS Nov 88 199.00 200.00N 198.00 199.00N bit 1 RSS D*c 202.50 203.SON 201.50 202.5ON bit 2 RSS Of 198.00 200.00N 197.00 199.00N
      290 words
    • Article
      SSR and SMR
      80 8 (canta/kg) NOVEMBER 1988 i DECEMBER 1988 (current month) (forward month) NOON NOON RAS twy*rt S*«*n lvy«n S*tt*n SS8 20 194.00 196.00N 194.00 196.00N SSI 50 192.00 194.00N 192.00 194.00N MRELB Iwycn S*U*n kuy*n S*M*a SMR CV 295.50 297.50N 297.50 299.50N SMR I SMR 5 286 50 2M.50N
      80 words
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      Page 8 Advertisements Column 1
      156 8 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to <$apon§t JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price
      156 words
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      Page 9 Advertisements Column 1
      361 9 As corporations have expanded their operations globally, the greater the range and complexity of their financial needs have become. So much so that only a handful of financial institutions can now offer anything like the full range of services that are required. Global finance is moving in increasingly diverse directions.
      361 words
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  • PERSPECTIVE
    • Article
      The bright road from Brighton
      488 10 PARTY conferences are an opportunity to take stock of the past and to look ahead. So it was with the British Conservative Party's conference in Brighton last week. Its theme was that of continuity. The benefits of privatisation, the fight against inflation, the need to
      488 words
    • Article, Illustration
      Fund managers eyeing property market in Singapore
      1048 10  -  International investors who are buying properties worldwide are looking seriously at Asian capitals, including Singapore. FLORENCE CHONG discusses this trend and tells of the role played by international property consultants Jones Lang Wotton. FLORENCE CHONG INTERNATIONAL fund managers, including Australian institutional investors, are
      1,048 words
    • Article
      Lock icon How Mitsubishi saved Akai from brink of collapse
      1126 10  -  While most Japanese companies have managed to survive the impact of the high-valued yen, the weak have still gone to the wall. STEFAN WAGSTYL describes Mitsubishi's role in the rescue of a Japanese electronics firm from near-bankruptcy. STEFAN WAGSTYL FT SO MANY
      FT  -  1,126 words
    • Article, Illustration
      Lock icon Algerian unrest strengthens Islamic movement
      861 11 NYT ONE CLEAR WINNER in the wave of unrest in Algeria has been the Islamic fundamentalist movement, many officials and diplomats in Algiers say. How much the movement gained is hard to determine, but a previously unknown fundamentalist leadership surfaced to direct some of the
      NYT  -  861 words
    • Article, Illustration
      Lock icon Thatcher set to rule until the rest of this century
      833 11  -  At the annual conference of Prime Minister Margaret Thatcher's Conservative Party, none of the speakers voiced any doubt in four days of debate that she would continue to rule Britain for most of the rest of this century if her
      NYT  -  833 words
    • REGIONAL VIEWPOINTS
      • Article
        No convergence in labour import debate
        347 11 HONGKONG "THE EXECUTIVE COUNCIL has, wisely, deferred a decision on the import of labour to Hongkong, leaving the public and presumably the new Legislative Council to debate its merits. Because the issue is emotive and the stakes involved are high, any ruling is bound
        347 words
      • Article
        Sihanouk's manoeuvres
        408 11 Our weekly summary of what other publications have to say about issues of regional interest. CAMBODIA "PRINCE SIHANOUK'S brief meeting with the outgoing American Presi- dent Ronald Reagan could make it very tempting for the mercurial Cambodian leader to entertain the illusion that he has now obtained solid
        408 words
      • Article
        Learning from others
        280 11 POLITICAL UPHEAVALS "RECENT political upheavals in a number of countries where socialism, in one form or another, has been adopted as the state ideology and as the basis for managing the national economy have tempted some observers to conclude rather hastily that the 19th century intellectual product
        280 words
      • Article
        The cross Cory's relatives must bear
        413 11 THE PHILIPPINES "ADMINISTRATIVE Order 94 issued by President Aquino last week bans members of the Aquino and Cojuangco families from soliciting favours, concessions or privileges from the national and local government officials. "In the precedent-setting order, the President also directed that any person representing
        413 words
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      86 10 TEST TOUR SKILL AND YOU CAN WIN UP TO $5000 EVERY WEEK. The New Paper brings you Money words, each day of the week from Monday to Saturday. Just fill in the missing letters with the aid of clues provided and send in the set of 6 coupons at the
      86 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      41 10 UHO'S THFVT CHRP ROP»nS Th£ CORRIDORS U3\TH p> %Rr^N£HrLv) JHPVUNT6.P e.XPRfcSSIQN y A K\K InL/ through u Lj --J— <* GRtPvT Ten Ttfouey musT rnt/HM TH£_ y DIS^ t £jß Ob ,a ■*> L Cr> EVENING S T ANOARO CO LTD I*2- 11
      41 words
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      Page 11 Advertisements Column 1
      56 11 s I i. I* o i: i iisiness SELLING TO JAPAN o\ -V V (V u- Manufacturers look East The Koreans are coming too Who will succeed YK Pao? Keep fit the corporate way Private houses: fading symbols A year after the Crash Spotlight on F ft N Ltd, Promet
      56 words
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  • LEISURE
    • Article, Illustration
      Disappointing
      369 12  -  By SANGEETA MULCHAND WHEN THE highlight of an evening of drama is the Mac Chicken you pick up on your way out, you can safely surmise that there was definitely something missing. And it wasn't Sam Shepherd's Fool For Love that was pulled out at the last minute. The
      369 words
    • Article
      Lock icon Greeks abandon bid to recreate voyage
      278 12 AP GALE FORCE winds forced six Greeks paddling a papyrus boat acroM the Aegean Sea to abandon their attempt to recreate a 10,000-year-old trading voyage. "It is impossible for a boat six metres long to face such weather conditions at a time when larger
      AP  -  278 words
    • Article, Illustration
      Lock icon Get up, stand up for human rights
      256 13 UPI BRITISH rock singer Sting joined hands with Chilean and Argentine mothers of children who disappeared during repressive military regimes, singing his song, They dance alone, to climax Friday night's Amnesty International world tour concert. About 10,000 Chileans crossed the Andes mountains to
      UPI  -  256 words
    • Article
      Lock icon Spycatcher going on sale in UK
      229 13 Reuter BOOKSHOPS ordered 70,000 copies of former intelligence agent Peter Wright's book Spycatcher after senior judges lifted a ban on it in Britain. Publishers Heinemann UK said the controversial memoirs, subject of a two-and-a-half year legal battle between Wright and Prime Minister Margaret Thatcher's
      Reuter  -  229 words
    • Article, Illustration
      Lock icon Robert Plant keeps the faith
      641 13 UPI IF GUITARIST Jimmy Page was the heart and mind of the legendary band Led Zeppelin, lead vocalist Robert Plant was its soul. The dynamic frontman was the most influential vocalist and rock's dominant sex symbol of the *****. When Zeppelin disbanded at the end
      UPI  -  641 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      853 12 fJB '.> tfrijL/i L> -J p PI .AC LA? 15th ANNIVERSARY CELEBRATIONS 13 28 OCTOBER 1988 Mama Mia! Great, big things are a-cooking at Pete's, so get a piece of the action. Lots of fun, food, games, fashion-shows and attractive prizes giveaways await you. So c'mon down to Pete's It's
      853 words
    • Advertisement
      Page 12 Advertisements Column 2
      134 12 HIGH TE A Onlv s6-90»~ bekm 12 ttin tiki M *>•* t 4 ■i 3 M Satisfy yourself with more than 20 varieties of all-vou-can-eat local, Hongkong Dian Xin, local Laksa, Chendol, Bubo Chacha, cakes, coffee tea and many more... Sit hack, relax, have a tete-a-tete or enjoy our free
      134 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      190 13 A Hot Date. October 1 to 31. Block Pepper Steak. Hubertus Grill style is simply not to be missed. Ours is a prime US slrioln steak, grilled to perfection, topped with a zesty pepper sauce and served with buttered rice, a grilled tomato and a fresh green salad. To all
      190 words
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      Page 13 Advertisements Column 2
      60 13 p.. *4 W r W h Z Z V J. -TlkßtlSHtO a 2 Wk QUALITY GUARANTEED FULLY VATuRfD II m vol FINEST SCOTCH WHISKY f BL ENDED BOTTLED B* ■tyroy? '■AaZ/att/z/tf dori. Z£utu/ed y)/j////rfi —3)um6arton. e/ccf/and PRODUCT Of SCOTLAND 01 MfOT KM ALLIED WALKER (XSTftlUjTOftS SON Wtt SO JALA* Pf
      60 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      656 13 CRYPTIC PUZZLE ACROSS 3 The temporary quarters of a number of small units (S) 8 Have a good career as a traveller (2. 3) 10 Strong as a dog (S) 11 Reduced scope tor an officer (3) 12 Lower oneself more than excessively (5) 13 Change of programs? (7) 15
      656 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1332 13 tua© Q&EWD \*x r 1] iK. \A TUESDAY PREMIERE Fair Gam* 10.40pm, Channal 5 A young woman living on an isolated outback farm in Australia finds her peaceful life shattered when she is kidnapped by a trio who take her on a journey of terror. Cassandra Delaney, Peter Ford, David
      1,332 words
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  • SPORTS
    • Article, Illustration
      Youth and determination
      459 14  -  By CHARLES SAVAGE AUSTRALIAN Kevin Magee and American Wayne Rainey made their debut in the 500 cc motorcycle World Championship this year and impressed everyone, not least their team owner Kenny Roberts. Kevin, from Victoria state, took the fifth place while 27-year-old Wayne won third place. They
      459 words
    • Article
      WBC flyweight match put off again
      355 14 THE WORLD BOXING COUNCIL'S flyweight match scheduled for Nov 4 has been postponed once again. According to fight promoter Victor Dunoo, Korean champion Kim Yong Kang's camp is adamant that he will have a warm-up fight, but only in Seoul, on Nov 12. Edward
      355 words
    • Article
      Lock icon Christie sees red over comments
      111 14 AFP BRITAIN'S Olympic medal winning sprinter Linford Christie on Sunday ordered legal action over controversial statements made about his drug tests in Seoul. Christie, who was given the 100 metres silver medal after Ben Johnson was stripped of the gold for taking drugs, has told
      AFP  -  111 words
    • Article, Illustration
      Lock icon Connors sweeps aside Chesnokov
      411 14 AFP TENNIS LEGEND Jimmy Connors. with 106 tournament triumphs worldwide over 16 years, at last ended an agonising wait for a first career victory in France on Sunday. The 36-year-old top seed won the U*****,000 Grand Prix event in Toulouse, contemptuously sweeping aside Soviet Andrei Chesnokov
      AFP  -  411 words
    • Article
      Lock icon An evening of virtuoso baseball from Hershiser
      416 14 NYT FOR AN ENCORE, the Los Angeles Dodgers rested Kirk Gibson on Sunday night and turned the stage over to Orel Hershiser. And in yet another smashing performance. Hershiser pitched the eighth shut-out in his last 10 starts as Tommy Lasorda's team of
      NYT  -  416 words
    • Article
      Lock icon Robidoux confirms 'most exciting talent' status
      177 14 AFP CANADIAN Alain Robidoux emphasised why he is regarded as snooker s most exciting new talent by whitewashing England's Tony Meo 5-0 in the fourth round of the Reading Grand Prix tournament on Sunday. The 28-year-old from Montreal only gained professional status by virtue
      AFP  -  177 words
    • Article
      Lock icon Easy victory for Pavin in Texas Open
      207 14 UPI COREY PAVIN on Sunday fired a 4-under-par 66 to cruise to an eight-stroke victory in the US$6OO,OOO Texas Open and come within two shots of the PGA record for a 72-hole tournament. Pavin shot a 21-under 259 for the tournament on the
      UPI  -  207 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      86 14 CONGRATULATI TO THE WINNING FORM OF DAVIES AND MARUMANI® t J A m ,jp, Par golf is proud to be associated with the winning formula of LAURA DAVIES AND MARUMAN. LAURA DAVIS THE WINNER OF THE 1987 U.S. WOMEN'S OPEN WON THE 1988 BIARRITZ LADIES OPEN IN FRANCE PLAYING WITH
      86 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      55 14 THE BALL MUST BE N PICKED UP CLEANLY from iwnmJL TH?^M T B€HINO T ?T, asms""* DISTANCE THE BALL IVILL TRAVEL X THE ball should > BE PLAYED A BIT FURTHER FORWARD IN THE STANCE J THIS WILL ALLOW YOU TO STRIKE THE BALL AT THE BOTTOM OF THE SWING..,
      55 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Genting group expects record profits lor 1988
      335 15 Reuter MALAYSIAN-BASED casino and hotel group Genting Bhd is forecasting record profits for the 1988 calendar year. "Our performance for the second half of this year is likely to match the first half, which is in line with the country's rising economy," deputy
      Reuter  -  335 words
    • Article, Illustration
      Aussie investments pay off for Jack Chia
      574 15 EIGHTEEN MONTHS after he painfully extricated himself from a mammoth Asl billion "minicity" project in South Yarra, Melbourne, Singapore industrialist Jack Chia is enjoying the fruit of his other investments Down Under. Thanks to the housing boom in New South Wales and positive
      574 words
    • Article
      Singmarine acquires one-third stake in Gay Seng
      286 15 SINGMARINE INDUSTRIES Ltd has acquired a one-third stake in Gay Seng Marine Pte Ltd a fibre glass boat builder and repairer for $300,000. Gay Seng, in which Keppel Corporation Ltd owns 34 per cent through Eagle Engineering, will be renamed Precision Craft 88
      286 words
    • Article, Illustration
      KIO buys into unit of Hong Leong in KL
      484 15  -  By MAGDALENE NG THE KUWAIT Investment Office has just acquired a substantial stake in a member of the Malaysian Hong Leong group, its partner in the proposed takeover bid for First Capital Corporation. Yesterday, the investment arm of the Kuwaiti government
      484 words
    • Article
      Lock icon Insas set to expand its business and return to profitability, says director
      263 15 Bernama AFTER MAKING EFFORTS to put its financial problems, mainly problem loans, behind it by the end of this year, Insas Bhd, the paper products group, is now keen to "get on with its business". "We have sufficient
      Bernama  -  263 words
    • Article
      Lock icon UM Flour Mills to tap market for M$15m
      244 15 MBT UNITED MALAYAN Flour Mills (UMFM) has proposed a three-for-two bonus issue and a one-for-one rights issue along with its announcement of better results. The bonus issue of 9 million new shares will be capitalised from UMFM's retained profit. The bonus shares
      MBT  -  244 words
    • Article, Illustration
      SES management had no difficulty in deciding on lifting Sealion's suspension: Choo Peng
      431 15 ttUMWj, Insider Ttoding Trial STOCK EXCHANGE of Singapore president Lim Choo Peng yesterday testified that the SES management had no difficulty in deciding in September 1986 that the suspension of Sealion Hotels shares could be lifted. He
      431 words
    • Article
      Lock icon PNB's advice on property trusts
      107 15 Bernama INVESTORS have been advised to question themselves as to what kind of returns they can expect should they decide to invest in property unit trusts, since it is new in Malaysia. Permodalan Nasional Berhad's (PNB) chief executive Datuk Abdul Khalid Ibrahim said in Kuala
      Bernama  -  107 words
    • Article
      LATEST
      95 15 a HOLDINGS Bhdi Group loss after tax and minorities of M 51.42 million (profit of M 51.93 million) on turnover of M 572.05 million (M 571.61 million) for .3 the year ended June 30, 1964. Loss per share of 3.1 cents (profit 4.3 cents). NTA is 82"g cents (93
      95 words
    • SES
      • Article, Illustration
        Selective bargain-hunting nudges ST Index above 1,000 mark
        767 16  -  By LONG SHIH ROME BARGAIN-HUNTING for selected blue chips pushed the Straits Times Industrial Index to close above the 1,000 mark yesterday in quiet trading. Dealers said the improved sentiment was in line with modest gains posted on Wall Street last Friday.
        767 words
      • Article
        COMPANY MEETINGS
        148 16 ROTHMANS OF PALL MALL (MALAYSIA) Berhad: 270 i AQM at the Petaling Jaya Hilton Hotel. 2 Jalan Barat, ***** Petaling Jaya, Selangor Darul Ehsan on Thursday, Oct 20, at 2.30pm. DMIB Berhad:27th AGM at 4 Jalan Tandang, ***** Petaling Jaya. Selangor Darul Ehsan. on Oct 25 at 11am.
        148 words
      • Article
        Unit trusts
        309 16 Managers' prices MARA-Bumiputra for Oct 18 First B'putro 620 625 Second B'putro 563 568 Singapore Unit Trust Third B'putro 415 420 The Commerce 095 The Savings Fund 083 S pore Prog Fund 037 101 089 041* Fourth B'putro Filth B'putro Sixth B'putro Seventh B'putro lAI Seventh B'putro IB)
        309 words
      • Article
        APPROVED ISSUES
        68 16 Company RIGHTS ISSUE Isatan Ona-tor-ftvo $5 10 p*r shore E» dot#: Oct 7 Books dot*: Oct 19 S N r On«->or-on« $1 20 p*f shor* Eidot* Oct 18 Books cios* Oct 20 Company OTHERS N O I Non '•nounc«obl« and non-trontteroM* pr«<*r«ntiaJ oH»r of 1 lf»d»«»obU Conv«rtibl« CuMutattv*
        68 words
      • Article
        PROPOSED ISSUES
        301 16 Con pony RIGHTS ISSUE C 1 Holdings 27 milton loon stocks in ratio of S3 loon Stock tor every five ordinary shares held 0 C Bonk On*-tor-two $075 p*r shore Duto Com On*-lor on* $1.10 p*r shor* F A C B On* lor on* $0 40 p*r shor*
        301 words
      • Article
        SES SHARE INFORMATION
        5510 16 Gr't Gr's 1* n T*l Last Dtv Dlv rid Nat Vol Day Last Quote M Cap High Low Cod* Company Sal* or- Cw P'E (•000) High Low Buyer S*ll«r Smll OCT 17 SESDAQ 187 114 t 4000 Amtek Eng 200 125 unch 10.0N 7.1 1.5 89 44
        5,510 words
    • KLSE
      • Article, Illustration
        Lock icon KL ends slightly higher
        3213 17 NST LATE BARGAIN-HUNTING helped share prices on the Kuala Lumpur stock market to close mixed to firm yesterday in listless trading. Price changes were marginal either way. A dealer said the rebound was technical as the market barometer was pointing at an oversold position following three
        NST  -  3,213 words
    • REGIONAL MARKETS
      • Article
        Lock icon Raider Nihon Land goes bankrupt
        671 18 Greenmailer has USsl.2b debts FT NIHON LAND, Japan's most aggressive corporate raider, has been declared bankrupt by the Osaka district court with debts of 156 billion yen (about US$l.2 billion). Its collapse could mark a decline in the activities of Japan's fast-growing band of stock
        FT  -  671 words
      • Article
        Lock icon Inco unit setting up gold joint venture in PNG
        200 18 Reuter CITY RESOURCES (Asia) Ltd the Hongkong-listed subsidiary of Australia's City Resources Ltd has agreed to set up a joint venture with Inco Gold Co to look for gold in Papua New Guinea. Under the agreement, Inco Gold a subsidiary of
        Reuter  -  200 words
      • Article, Illustration
        Lock icon New team marks end of Li era on Hongkong exchange
        553 18 AFP THE HONGKONG stock exchange will end an era dominated by former chairman Ronald Li tomorrow the first anniversary of the Black Monday stock crash sporting a new management team with a new chief executive. Francis Yuen, local managing director
        AFP  -  553 words
      • Article
        RESULTS DUE
        110 18 LAST FULL YEAR Company Parlod Dot* Year Net EPS Groa Net announced •nding (cents) <*v profit last year ($•000) Sel Properties Interim Jul 30 Oct 88 09 1.0 2.808 H Negora Interim Aug 12 Dec 88 2.0 3541 A N Interim Aug 15 Dec 88 53 270 517(f)
        110 words
      • Article
        RESULTS OVERDUE
        212 18 LAST FULL YEAR Company Period Dot* Yoor Net EPS Cross Not amouncod onding (cants) dlv profit last yoor ($•000) Dwta Cons Final Aug 28 Dec 86 4.8481 Fed Cables Finol Sep 12 Jun 87 6,1751 li) S J Amal Final Mar 87 66 472 UniHte Final Jun 29
        212 words
      • Article
        Lock icon Company linked to Deng's family to be broken up
        122 18 Reuter CHINA KANGHUA Development Corp, a state-owned firm with close links to the family of senior leader Deng Xiaoping, will be stripped of its tax privileges and broken up. the Chinese Communist Party has announced. The party newspaper People's Daily said
        Reuter  -  122 words
      • Article, Illustration
        Lock icon Prices close lower
        561 18 Tokyo Reuter TOKYO SHARE prices drifted back and forth yesterday from the minus to plus side in dull trsde and finally settled on the lower end. brokers said. There sre many uncertainties in the market. Interest rate worries are coming down, but there is still uncertainty over
        Reuter  -  561 words
      • Article, Illustration
        Lock icon Stocks close higher
        532 18 Australia Reuter RISES AMONG leading gold and mining stocks following firmer commodity and gold prices led the Australian share market to a strong close yesterday, brokers said. One broker said overseas buying outweighed local interest, especially among resource stocks, while institutions were active among special situation stocks.
        Reuter  -  532 words
      • Article, Illustration
        Profit-taking erases early gains
        1374 18 Hongkong HONGKONG SHARE prices were brought down from their early morning peaks yesterday on profittaking which was more widespread than expected. brokers said. The Hang Seng Index finished 0.56 points up at 2,593.56, after an initial 22-point gain. The broad-er-based Hongkong Index added 0.60 points to
        1,374 words
      • Article
        Lock icon Taipei: Pessimism reigns
        431 18 Reuter SHARE PRICES in Taiwan yesterday fell sharply for the 15th straight trading day as unshakable investor pessimism forced the index lower, dealers said. The weighted index shed 133.24 points, or 2.13 per cent, to close at 6,118.32 compared with Saturday's 6,251.56 close. Turnover slipped to about
        Reuter  -  431 words
      • Article
        Lock icon Manila: Strong rally
        102 18 Reuter SHARE PRICES in Manila yesterday rallied strongly across the board, powered by sharp gains in copper, gold, and Wall Street-listed Philippine issues. and active speculation over a new oil exploration, brokers said. Manila's composite index climbed 20.78 points to 746.30, up 2.86 per cent from Friday
        Reuter  -  102 words
      • Article
        Lock icon New Zealand: Steady
        73 18 Reuter A SLEEPY New Zealand share market yesterday closed steady on thin volume and dealers said the outlook is for no change. "It's absolutely pathetic." one broker said. "You woke me from a deep sleep." Brokers said the tone was reasonable, but buyers were absent. "Apart from
        Reuter  -  73 words
      • Article
        Lock icon Bangkok: Index down
        164 18 Reuter THE SECURITIES Exchange of Thailand Index dropped 1.02 point* to 441.88 yesterday on a turnover of 4,043,271 shares worth 292 92 million baht. Reuter OCT 17 BAM1 Ao Kham Thai Ayudhya ln»—liium 430 Bangkok Agro-4nd 100 r unch 1 Bangkok Bank 295 unch Bank 0( Ayudhya
        Reuter  -  164 words
      • Article
        Lock icon Seoul: Shares up
        123 18 Reuter SEOUL STOCK prices rose yesterday for the fourth consecutive session as investors awaited today s speech by President Roh Tae-woo at the United Nations General Assembly. brokers said. The composite stock index gained 2.87 points to close at 708.91 on turnover of 215.1 billion won against
        Reuter  -  123 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon Investors win in UK brokers' price war
        679 19 Reuter INVESTORS are the winners in the war price being waged by London brokerages, as Barclays de Zoete Wedd becomes the latest big market maker to cut price spreads and reduce the amount of stock it will deal in. Increased competition means investors
        Reuter  -  679 words
      • Article
        Lock icon Maxwell raps tycoon for quitting as French TV chief without approval
        380 19 Reuter ROBERT MAXWELL, the chairman of Maxwell Communication Corporation, strongly criticised construction magnate Francis Bouygues for resigning last week as chairman of French TV channel TFI without shareholders' prior approval. "This is not a minor issue no important decision
        Reuter  -  380 words
      • Article, Illustration
        Lock icon Elders makes bid for Scottish and Newcastle
        564 19 Cash offer values firm at £1.6 billion Reuter AUSTRALIAN brewing group Elders IXL Ltd is making an offer of 400p cash per ordinary share for the whole of the share capital of Scottish and Newcastle Breweries PLC. The bid values Scottish and Newcastle
        Reuter  -  564 words
      • Article
        Lock icon New Zealand market the world's worst post-crash performer
        506 19 Reuter THE NEW Zealand share market has earned the distinction of being the world s worst performer in the year since the big crash, with the leading index down almost 50 per cent. "New Zealand quite fairly takes the prize," Victoria University
        Reuter  -  506 words
      • Article
        DIVIDENDS ANNOUNCED
        961 19 Current El Books Date Total lor Total lor peyment dele close payable the year last year Asiatic Dav 2%ll) Oct 12 Oct 26 Nov 21 2% 5% Austral Amal 15% Oct 7 Oct 21 Nov 8 25% 15% Ayer Hitam Rub 17%% lb) Oct II Oct 25 Oct
        961 words
      • Article, Illustration
        Lock icon BA ordering 35 aircraft from Boeing for US$1 billion
        115 19 Reuter BRITISH AIRWAYS (BA) is ordering about 35 new aircraft from US manufacturers Boeing in a US$l billion deal, the Times of London has said. The paper said BA would order about 25 Boeing 7375. providing between 110 and 160 seats
        Reuter  -  115 words
      • Article, Illustration
        Lock icon NZ reconsidering size of airline stake sale
        258 19 Reuter NEW ZEALAND Prime Minister Oavid Lange said the Cabinet is reconsidering the size of the stake it is prepared to sell in Air New Zealand Ltd. Mr Lange said that if the percentage were increased beyond the originally envisaged 25 per cent,
        Reuter  -  258 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        623 19 Reuter AMSTERDAM: Share prices on the Amsterdam bourse were lower in uninspired trading at midsession yesterday as a lack of confidence kept investors sidelined, dealers said. A dealer said that the absence of many market players for autumn holiday's depressed turnover. Upcoming wage-agree-ment talks and the memory
        Reuter  -  623 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      122 15 TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Artde 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 30th September 1988. regarding the beneficial ownership of the issued share capital of the Bank held by foreign persons constituted
      122 words
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      Page 15 Advertisements Column 2
      467 15 :ir, =:TT? Ipn SINGAPORE POLYTECHNIC lAi JAPAN-SINGAPORE INSTITUTE JMMf OF SOFTWARE TECHNOLOGY Applications are invited from suitably qualified computer software professionals for admission to the 2-year PART-TIME ADVANCED DIPLOMA IN SOFTWARE TECHNOLOGY COURSE COURSE AIM The Advanced Diploma course is intended for those Analysts/Programmers who want to upgrade themselves to
      467 words
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      Page 15 Advertisements Column 3
      2 15 Rnancial Newsmakers
      2 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      40 15 7?S/$ CM, C/CV/ZM&/- 'McWM&/W& 72? </OU& ZrAff 7?/£-l/c/ATAAS /voi/,e~ //V7& fAzr&e,' 'Moefz? 77/£~W&tv£Cs/t~&M£ 77MM/H4&/V& WAT'S <jCVfc 77Sfrt£? TVS'<ysc/Al-.. 4M? at/AwPAWsf... <z*e£xr /&£TA /AMP tsae.7V £V££.cs *&J7ZM£je rrcesr*" %^§p (fy > y J- 7Z//A//C J& AZTVAUV, /F &V/.C/f/f7i/f%e&/vr fryi/77&&rz, ru Z77Uacr/w&y?. tuTr*
      40 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      265 19 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF GIANT TIMBER PLYWOOD PTE. LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the company duty convened and held at Setiabudi Building 2. 4th Floor Jaian H.R. Rasuna Said, Kumngan, Jakarta. Indonesia on 15th
      265 words
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      Page 19 Advertisements Column 2
      310 19 `/*+<{'=$(.^?!:=)|=`"<.>.,=\,== In The Matter of The Companies Act In The Matter of GRANDIVOR INVESTMENTS PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up. At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 220 Orchard Road #05-01 Midpoint Orchard, Singapore 0923 on the
      310 words
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  • Article
    Goh: Policies in favour of Malays may be reviewed if...
    265 20 THE GOVERNMENT will have to reconsider whether it can continue to shoulder the political cost of policies discriminating in favour of the Malays if they do not support the ruling People s Action Party, said First Deputy Prime Minister Goh
    265 words
  • Article
    Asean ministers agree on automotive cooperation
    516 20  -  Pact to produce spare parts to b,e signed today By CHUANG PECK MING ASEAN ECONOMIC MINISTERS will sign a memorandum of understanding on greater cooperation in the automotive industry under the Asean Industrial Complementation Scheme. Officials expect the memorandum to be signed today, capping
    516 words
  • Article
    Asean urged to extend regular meetings to include major economic powers
    365 20 A CALL to Asean to extend its regular meetings with third countries to include those playing a bigger and bigger role in the world economy was made in Pattaya, Thailand yesterday. Regular trade and industry conferences instead of dialogues
    365 words
  • Article
    Lock icon Malaysian leader calls on all sides to stop war of words
    290 20 Bernama NEW UMNO vice-president Datuk Abdullah Ahmad Badawi yesterday urged all parties concerned to stop their "war of words" so that the unity talks proposed by New Umno president Datuk Seri Dr Mahathir Mohamad could be held. Statements constituting
    Bernama  -  290 words
  • Article
    Lock icon Suit against New Umno: more time for appeal
    280 20 Bernama THE MALAYSIAN Supreme Court yesterday granted more time to two former prime ministers and former agriculture minister Datuk Manan Othman to file their record of appeal against a High Court decision striking out their suit against New Umno head Dr Mahathir
    Bernama  -  280 words
  • Article
    Lock icon Charity may fall victim to hardship
    93 20 UPI AMERICAN business leaders expect to face future economic hardships thai could damage their corporate ability to contribute to charity, a survey indicated yesterday. Charitable commitment remains widespread among chief executive officers, the study found, but the business leaders are concerned about declines in
    UPI  -  93 words
  • Article
    Lock icon Peace talks go on without Khmer Rouge
    284 20 UPI INDONESIAN Foreign Minister Ali Alatas said yesterday that he regretted the Khmer Rouge boycott of a three-day meeting held in Jakarta to further the Cambodian peace process, but he said that the other 10 South-east Asian delegations would carry on without them.
    UPI  -  284 words
  • Article
    Lock icon Summit could be next year: Deng
    249 20 Reuter CHINA'S elder statesman Deng Xiaoping said yesterday that a Sino-Soviet summit could take place in 1989 and thanked Romania's President for acting as a go-between. "A summit meeting could take place next year," Mr Deng told Romanian President Nicolae Ceausescu after greeting him
    Reuter  -  249 words
  • Article
    Lock icon Comex gold and silver
    97 20 Reuter COMEX GOLD FUTURES were marked up on early buying yesterday morning, spurred by expectations that the strong gains in foreign crude oil prices will ignite a rally in the NYMEX energy complex. December gold rose US$2.2O at U*****.70 an ounce. Silver futures started slow but
    Reuter  -  97 words
  • LATE FILE
    • Article
      Lock icon KMT leader resigns
      63 20 AFP SHEN CHANG-HUAN, a conservative leader of the ruling Kuomintang (KMT or Nationalist Party), has resigned as secretary general to the president, it was announced in Taipei yesterday. President Lee Teng-hui had agreed "with reluctance" to accept the resignation last week of Mr Shen, 75. He would
      AFP  -  63 words
    • Article
      Lock icon Japan's output index up 2.7pc
      52 20 AFP JAPAN'S index of mining and manufacturing rose 2.7 per cent in August from July in a turnaround from a 0.9 per cent month-to-month decline in July, according to revised official figures released yesterday. The increase was 0.5 point higher than the preliminary output index,
      AFP  -  52 words
    • Article
      Lock icon UK retail sales growth declines
      55 20 Reuter THE PACE of sales growth in Britain's shops and stores slowed in September, the Confederation of British Industry said in a survey. "We are now seeing the edge come off the strong retail growth seen over the summer," said Nigel Whittaker, chairman of the
      Reuter  -  55 words
    • Article
      Lock icon Mahathir: Lead frugal life styles
      45 20 AFP PRIME Minister Mahathir Mohamad yesterday urged Malaysian civil servants to lead frugal life styles to avoid falling prey to corruption. Corruption grew on greed, not poor salaries, Dr Mahathir told a conference on graft in the civil service. AFP
      AFP  -  45 words
    • Article
      Lock icon 30 die in Boeing crash in Rome
      83 20 UPI A UGANDA airlines Boeing 707 crashed and burned while trying to land at Rome s Leonardo da Vinci airport in fog early yesterday, Killing 30 of the 52 passengers and crew aboard, airport authorities said. Police said 28 of the 45 passengers
      UPI  -  83 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      197 20 SlOO sioo S/Oo Get your invoices paid within ON E DAY Assign your invoices to us and get immediate cash (up to of the value) Factoring, the great business aid of modern S' IMPROVED PRODUCTIVITY we times, can bring your business untold benefits... handle sales ledgering and supply you with
      197 words
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      Page 20 Advertisements Column 2
      82 20 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
      82 words
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  • SHIPPING TIMES
    • Article
      Soviet national carrier agrees to join FEFC
      426 21  -  By JUNE LIM AFTER prolonged negotiations, the Soviet national carrier has agreed to join the Far Eastern Freight Conference, a grouping of more than 20 operators in the Far East-Europe trade. Bait Orient Line is one of the most persistent outsiders which has
      426 words
    • Article
      ANL decides to lay up Australian Exporter
      327 21  -  By KINGSLEY WOOD IN ANOTHER major fleet upheaval, ANL is planning to lay up the 27,978dwt container ship Australian Exporter at the end of the year. It is the only Australian flag ship on the UK/Europe route. The move has been mooted for
      327 words
    • Article
      Bimco to hold two-day seminar in Singapore
      161 21 PRACTICAL shipping matters will be addressed during a two-day course to be held in Singapore in December by the Baltic and International Maritime Council (Bimco). The course. on Dec 8-9, will allow Bimco to share its expertise and long-standing involvement in shipping problems,
      161 words
    • PORTSIDES
      • Article
        80 injured in jetfoil accident
        109 21 A JETFOIL carrying 248 people crashed into an embankment in Macao's harbour on Sunday, injuring more than 80 people, police reported. The accident occurred a few minutes after the ferry left Macao's pier in the evening for the neighbouring British colony of Hongkong, police said.
        109 words
    • Article, Illustration
      American Marine offering GBSB for $1.25 million
      468 22 THE G856 is designed for the millionaires. At a cost of $1.25 million a piece, American Marine (S) latest offering, to be launched only in 1990. is geared towards existing owners of Grand Banks who is interested in something bigger and more plush.
      468 words
    • Article
      INDEX TO ADVERTISERS
      832 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/s A PC line V 4 API III 2/2 Arrow lines IX 5 ASCI III 1 Asion Ocean
      832 words
    • Article
      Japan Line to resume calls at Oakland with new agreement
      346 22 JAPAN LINE will resume calls at the Port of Oakland under the terms of a new agreement approved by the Oakland Port Commission. The carrier, which was a regular customer of the port since 1968, suspended its service there two
      346 words
    • Article
      Port congestion, road traffic hinder Thai expansion
      432 23 PORT and traffic congestion are considered by the foreign business community as the two main hindrances to development in Thailand. according to a survey. The survey of 57 foreign companies was conducted by a joint Japan Chamber of Commerce-Federation of Thai Industries committee,
      432 words
    • Article
      Aussie coastal shipping needs urgent action
      320 23  -  By KINGSLEY WOOD COASTAL SHIPPING in Australia is dying except (or some bulk cargo and the Bass Strait liner trade. Liberal Senator David Hamer told the Senate when moving a private member's bill to amend the Navigation Act. He said coastal shipping had fallen
      320 words
    • Article
      Lock icon Nigerian ship detained after cargo was missing
      155 23 AP A JUDGE impounded a Nigerian cargo ship after the alleged disappearance of a £6.6 million cargo of asphalt from Pakistan, a Nigerian newspaper reported. Caltex Oil (Kenya) Ltd claims 1.6 million kilograms of asphalt is missing from the 7,207-ton River Osse. which
      AP  -  155 words
    • Article
      Lock icon Six RAN frigates to be modified
      165 23 PI SIX of the Royal Australian Navy's (RAN) Ameri-can-designed frigates have had to be modified because of a design fault which could cause leaking. The FFG-07 type ships, of which four are in service and another two under construction, have a flaw which leads
      PI  -  165 words
    • Article
      Lock icon TANKER RATES
      252 23 AFP WITH LITTLE immediate prospect of any lasting stability in oil prices, traders tended over the past week to restrict their operations and consequently T their demand for tonnage, London brokers E A Gibson said in their latest report. Until members of the Organisation of Petroleum Exporting Countries
      AFP  -  252 words
    • Article
      Lock icon Two investors join Senator Linie's venture
      192 23 CargoNews Asia SENATOR LINIE, the West German round-the-worid operator, has managed to draw in two new investors bringing the total number of investors to 12. West Germany shipowners Egon Oldendorff has taken a US$l million share in the Bremen-based container carrier, which is currently
      CargoNews Asia  -  192 words
    • Article
      Yard seeks new managers
      55 23 THE Saudi Arabia Ports Authority is seeking new managers for its King Fahd shiprepair yard at Damman and is offering a five-year contract. The current contract at Damman does not terminate until the end of 1989 but the authority will seek tenders only from Saudi companies
      55 words
    • Article
      LONDON FREIGHTS
      1257 28 INCREASED chartering was reported in most sectors of the freight market on Friday with further fixing of Panamax grain vessels out of the US Gulf as rates tended higher but details were hard to ascertain, shipbrokers said. Cargill chartered the Europa for about 83.000 long tons of light
      1,257 words
    • Article
      SHIPPING LIST where your ships are due... and when
      5518 28 Tokio Eiprni Triot Oct mPK). Arthur Maerak M«'U L« Oct 20 Liao Me China Oceen Oct 21 Ming Energy Yang Ming Oct 23 Evar Grade Evergreen Oct 24 Toyama ScanOulcht Oct 24 Anna Maerak Maerak Line Oct 77 Ever Great Evergreen
      5,518 words
    • Article
      SHIPS IN PORT
      1332 28 AT CONVENTIONAL WHARVES VmmI B«r» Arrival Dtparti KEPPEL WHARVES Aron f 28 olongudo If *****0 Dokilo Uno K34 olongudo 21 10/2359 Gold Vordo co» olongudo *****800 Koliong K27 olongudo 18 104(00 Koto Moi» K32 olongsido 24 104*00 Ko<o toina K3I olongudo *****(00 Koto S«*o' KIS olongudo 24
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      643 21 ht. TIMES STP Distributors aHGAf 0 OOCL i&j JAAOMC IHtPfWO UENCKS 200 Cantonmant Raid #'2 05 Soutnpomt Smgipor* 0208 Til: 221 toil Ten, RS ***** FacsifflH* *****09 TERMMALCFS T* *****18 *****19 *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS T« *****304 HUM JAMMNE UttPTim A6ENCIEI SON IMO TORT KELAMG 36M111 Tatu
      643 words
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      Page 21 Advertisements Column 2
      89 21 mm THE CBSB is designed for the millionaires. At a cost of $1.25 million a piece, American Marine (S) latest offering, to be launched only in 1990, is geared towards existing owners of Grand Banks who is interested in something bigger and more plush. Page II PORT and traffic congestion
      89 words
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      Page 21 Advertisements Column 3
      665 21 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE SERVICE ALL THE WAY This wee* ARTHUR M Doting Tune CY 20/10 1200 HRS CFS 20/10 0200 HRS To Europe—UK—Scandinavia—Finland LEH FXS AAR El The
      665 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      615 22 IL Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT HAMBURG I BREMERHAVEN ROTTERDAM/ ANTWERP P KELANG SOUTHAMPTON TOKIO EXPRESS 84/511 19/10 20/10 5/11 7/11 9/11 10/11 HAMBURG EXPRESS 87/513 25/10 27/10 12/11 I*/" LONDON EXPRESS 02/589 28/10 30/10 16/11 18/11 20/" 21/11 LA SEINE 04/514 3/11 29/11 24/11 26/11 21/11 BENALDER 86/515 3/11
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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
      476 22 IM POLISH OCEAN LINES Sh,p r?,!? LW M T|,| e« US ?I?SS Petjhng Ji.a 7b"iWL3 Fji Z7SMS] Penang EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE FAMUNO Ml HArtUAKO m RUM LA HD Ml 0. CMTTMHI < Antwtrp l&ll »1; 1202 2*12 IWHLANO m o cnnwOHc MI SIN SAVONA TINERIFE L
      476 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1254 23 The Straits Steamship Group r Mansfield Container Shipping Re Ltd P&O Containers CONTAINER SERVICE TO UK/CONTIHthfT) Alto Accepting Cargo For: Hawtwrg to Coß»"Hifn. Ajrhu Gotlwnturf. Itaimo IMtofiwi to Mwi. Ajmtortfjn Otto. ImJ*. Zurich ►wwnheirw to tram iaw Hi flirn to >41 UN tatiiwtwm. Mtact art Dublin CONTAINERSHIP SERVICE FROM UK/CONTINENT:
      1,254 words
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      Page 23 Advertisements Column 2
      594 23 EUROPE TAIWAN SENATOR AMERICAN SENATOR JAPAN SENATOR EUROPEAN SENATOR VESSEL ASIAN SENATOR TOKYO SENATOR nMrtlHl <§L SENATOR LIN IE USA/PANAMA VESSEL ASIAN SEN EF 122 20 10 EF 023 13.11 EF 024 27 11 EF 001 11.12 TOKYO SEN General Agent VESSEL TAIWAN SEN WA 010 1100 WA 020 27.00
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      606 24 (OLSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN ELHAM PJL &59 Singapore 20/10 loading for:BANDAR ABBAS IKYOWAI KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V 33 KYOWA VIOLET V 22 LOAD FOR: VILA. NMA. LTK, SUVA. PAGO. APIA VILA. NMA. LTK. SUVA. PAGO.
      606 words
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      Page 24 Advertisements Column 2
      658 24 JlG.&.line gsM* vu**m* cmetATM* fully containerised service I 111 I Y CONIAINf R&D 10 FROM NORTH AMERICA WSI COAS[ CONVtNTIONAL SERVICE TO PERSIAN GULFi VESSEL NASBON V 45 KUANTAN S'PORE LOADING FOR 24/10 DUBAI. DAMMAM. KUWAIT GEN AGENTS CROWN MARINE CO (PTE) LTD TEL: ***** M (9 Lines) FAX NO:
      658 words
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      Page 24 Advertisements Column 3
      327 24 DIRECT FCL LCL SERVICE TO JAKARTA ETA 21/10 28/10 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 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 accepting to: Scandinavian ft European inland destination. 23/10 31/10 24/10 30/10 23/10
      327 words
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      Page 24 Advertisements Column 4
      1084 24 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCP HKG KSC KLC PUS OS* TYO CHS EVER GLOOE 24/10 25/10 1/11 7/11 1101 ever gentle 21/10 yii 7/u 3/11 EVE* GENTRY 1101 15/11 11/11 11/11 20ai 2*ll 21/11 EVE* GATHER 11/11 22/11 23/11 25/11 27/11 2/12 *12 EVE* GOVERN 25/11
      1,084 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1008 25 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE MAJAPAHfT QOWA KOTA EAGLE 31M 22/10 28/10 27/10 32N8 IMS 8/11 7/11 It/11 IINS ACCEPTMG MURORAN HITACHI CARGO VIA HKQ SIN HKQ KAO KEI VOK MOO KOS It/10 »4/1t */10 20/10 1/11
      1,008 words
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      Page 25 Advertisements Column 2
      473 25 BENLIKE CONTAINERS TASM AN JEBSEN NEW ZEALAND LINE TO NEW CALED9NU, FIJI AND NEW ZEALAND SIN MAIN LINE HKC NOUMEA SUVA AKL HAP TIN 2* 10 ANANGEI LEADER US S/ll 3/12 7/12 10/12 13/12 14/11 ACRITAS 4S 20/11 17/12 22/12 25/12 21/12 24/11 ER BRUSSELS 3S S/12 2/1 6/1 9/1
      473 words
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      Page 25 Advertisements Column 3
      527 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA ItOYI P.T. OESUM LLOYO f .T. SAMUBEM IROOWESIA P.T. TMKOM LLOTD '"express semi containership services SINGAPORE TO EOROPE if DJAKARTA LLOYD INDONESIAN NATIONAL LINF (A MEMBER OF ANROI SPORE P.REL w #11 4/11 EKA JAYA AGENCIES ofncf rEi «s3v: TERMINAL *****? ("AX
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      Page 25 Advertisements Column 4
      314 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPIM COIPOMTION (Burmese National Line) Loading for Rangoon S port PKtlanf Ptnang Bangkok PA AW VUM In Pwt/17 Oct ■ERGUI VOM U/U Oct ntoneywa ram tuv Oct pagan ram am oa vm Oct ■YONAYWA n\m 4/7 NM MORAYBANK VON CLYDEBANK V24N TAINER ib»> SPOKE
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      650 26 TCLIMB KAWASAKI KISEN KAISHA, LTD. ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM N. AMERICA-ATLANTIC COAST ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST EUROPE (Member of ACE) ORIENTAL CHIEF YAMASHIN MARU TRANSWORLD BRIDGE NEPTUNE DIAMOND •Via FMdar FEEDER VESSEL F.M. BRIDGE SO 25/9
      650 words
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      Page 26 Advertisements Column 2
      372 26 Accepting LCL and containerised cargoes Direct to South Africa CANOPUS 0802F NEDLLOYD COLOMBO M37F OSAKA MARU 5542F VIRGO 0903F VENTO 0703 C HAYAKAWA MARU S24OC VAAL S33K C.To*n Durban I S port 12/10 15/10 22/10 V W0 15/10 18/10 i 26/10 28/10 31/10 E> JARDINE SHIPPING AGENCIES (REG. *****4/ OOK)
      372 words
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      Page 26 Advertisements Column 3
      820 26 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Sinp port P Kaian( Pananf Loedinf tor Mothar V«l By Fasdar By faadar KALIOAS V 39 23 Oct Frsm/MsfciSydn/Adtf TU LSI DAS *31 12 Nov 5 Not 5 Nov Frsm/Mslb/Sydn/Adsl KALIDAS IS Dec IDk IDk Fr«a*Mb/Syda/A« TULSIDAS »JJ 4 i*n 3 Die 21
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      Page 26 Advertisements Column 4
      592 26 GOLDEN LINE GUM GUAN SHIPPING (PTE) LTD S. Tele* Af«r Strwt SINGAPORE UM TEL 010* TEL SOW (10 LINES) Fu: 94SM STRAITS/PERSIAN GULF SERVICE: Sport PK«tant Pw OOLOCN HARVEST Coiomt»/K»r»chi/oui>*' W* Oct GOLDEN WONDER Cotomto/Kvadii/Oute CHINA SERVICE CU SHAN Huifl(pu/Sli»n*iti Ml TUN SHANHuMfpuShinfh*! 2L71 Otl 2/1 NM y— CHINA OCEAN
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      Page 26 Advertisements Column 5
      376 26 I'O PHIU OniCNT LINCS PTC LTD CFr,cr 63 ROBINSON ROAD .07 1? AfRO AS A BUUOiNG SINGAPORf CICS mf* RS ?B7?0 PH'LI fA> ??55f> T 6 EAST/FAi EAST Fa A LCI SBNRE I ETA SINGAPORE IDESTINATION EAST TBN AFRICA/MEHTEMANEAR FCI t LP. SBtVCE I KM ASA DARESSALAM ASSAB~ BEIRA, TAMATAVE,
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      804 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SJA Q«n«r»i Enquiries: T*l: 275M77 Terminal Crf BOOKINGS 27BS7SJ *****42 *****22 *****5J 27*119 27*116 NEPLINE SON. BHD. 366*67 INWMMWnwSo NEPLINE SDN. BHD. *****33 E™uißiEY ZTVMt NEPLINE SDN BHD. 6200»/6276«/*****1«7662 NEPLINE SDN. BHD. 2*046/*****1 AT cargo will to trtrahippad via RO
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      Page 27 Advertisements Column 2
      491 27 HEUNG-A SHIPPING Korean Flag Vessels DOKAM SEMI CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. KEELUNG BUSAN, INCHON iii WEF JUNE:1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE H SERVICEtI Vwml* Nam* ETD BS SPORE PKLC HKC KEE BUSAN NO JI DRAGNET/M2N 15/10 25-24/10 2S-27/10 29/10 03-0/11 «-WU I*ll NO
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      Page 27 Advertisements Column 3
      730 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 ***** HMO— P. KELANG MESSRS HAI THONG SHIPPING 127 PanangStraat Penai* IMayu M/S HAN DC IMC SYSTEM CO
      730 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      214 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6668 (30 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LIMES l VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA LARNACA ACCEPTING CARGO FOR— LMASSOL. BEMJT, LATTAKIA,
      214 words
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      Page 28 Advertisements Column 2
      83 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE with fixed day APRIVAI SHOFUKU OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT Vl4 ETA SIN lf/10/SS SPORE -> KAOSHIUNG -> KEELUNG TOKYO SHIMIZU -> NAGOYA > KOBE 4 DAYS 5 DAYS 1 DAYS 9 DAYS 10 DAYS 11 DAYS SHOFUKU AGENCIES (S) PTE
      83 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      152 28 fl Regional Weather m f V m Va Wt :V K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JOAJL Oct IS, IMS UMNO R Timmmmu *C 1 Wfoltw Wnd drKhor mh n knots wo.. Clou**, Wovehe^ Wrfw i»*i *r« MicnW bin—i «M N* mi Hit 0 On* M cede ttjxmrt) cotm
      152 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      488 29 FARGO SHIPPING Tel:a24 01Sg f REGULAR EXPRESS FCL LCI SERVICE DESTINATION f 17 [fl .<• PORT KELANG, PENANG (FCL) HONG KONG KEELUNG. KAOHSIUNG JAKARTA (FCL) TOKYO, KOBE. BUSAN (FCL) KARACHI. BOMBAY, COLOMBO (FCL) ETA SINGAPORE SIRI BHUM 387N 24/10 PIYA BHUM 151N 19/10 THANA BHUM V.O6N 23/10 BUNGA BUTANG 490
      488 words
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      Page 29 Advertisements Column 2
      489 29 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fa*: *****61 Tlx ***** CSPFRT s S 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 S'pore S'pore S'pore S'pore S'pore S'pore S'pore to
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      769 29 < cfs > CRYSTAL FREIGHT SERVICES CRYSTAL" WEEKLY CONSOL SERVICES v U.SJL LOS ANGELES 27/10/88 AUSTRALIA MELBOURNE/SYDNEY 23/10/88 v far east BUSAN 21/10 HONG KONG 23/10 BANGKOK 23/10 KEE/KAOH 23/10 CALL BOOKING HOTUNE FOR BEST RATES 2 *****2 TEL: *****88 TELEX ***** CFSIN FAX *****88 JG& PAKISTAN NATIONAL SHIPPING CORP.,
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      126 29 Tatsumi Marine DMECT BAMJNQ TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct caH to other ports subject to inducement (also accepting transhipment cargo OROBA Y. MADANG, KIETA, WEWAK KIMBE, RABUAL via LAE) vim A Q "W// (CHILEAN NATIONAL LINK) GREAT ANDES SERVICE ARAUCO V/97SS A*l IQUIQUE VALPARAISO SAI Wl2 11/12 a/12
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      233 29 UN I PACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINESI FAX: *****90 IRAQI LINE iMQ S'i'l »0« TMBS'O*' EAST BOUND SERVICE ETA S PORE LOADING FOR MV SINOBAD 11/10 japan MV ALRAZI 25/10 japan WEST BOUND SERVICE eta s pore loading for SILVER EAGLE SM jeddah. Aqatu.
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      353 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK DBN CT FAITH STAR VII* 20/10 25/10 21/10 14/11 22/11 IML V«2* 22/12 1/1 4/1 20/1 31/1 •Alio call! EX. ft PL GENERAL AGENTS: HAI
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      252 30 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) VT EXPRESS SEMkCONTAi€R SERVICE TO NORTHBOUND TO UKC MORAYBANK V6N CLYDEBANK V24N RDM/A DAM HBG HULL (U.K.) 24/11 K/U 3/12 11/12 22/12 25/12 'Alio Accepting FCL to Antwerp/Brwnen/felmtowt/SoMttmnptonyßeMait/Cothentairg L'Jll 7^TTrT7CTTTr r rrr (ASIA-SOUTH PACIFIC JOINT SERVICE) STORE TAYBANK V4S 27/10 Port
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      184 30 flMta P T. MASKAPAI PELAYARA P* puLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 SINGAPORE VSL PUL ADIL MANDIRI
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      542 30 um, CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR ******/*****11 04-*****2/4 *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 7 *****8 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE WEEKLY STRAITS/ TAIWAN/ JAPAN CONTAINER SERVICE FAR EAST/AUSTRALIA CONTAINER SERVICE TO THE FAR EAST VESSEL
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