The Business Times, 19 October 1988

Microfilm: NL16262
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, OCTOBER 19. 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    233 1 AP Dow Jones up SHARE PRICES moved erratically yesterday in early trading on the New York Stock Exchange in what dealers described as active trading. The Dow Jones Industrial Average stood at 2,144.56 points, up 4.09 points in the first hour of trading. Almost 56 million shares
    AP  -  233 words
  • Article, Illustration
    Bargain-hunting sustains market's rise
    194 1 THE SINGAPORE stock market closed higher yesterday for the second consecutive day buoyed by continued bargain-hunting and some institutional buying. Dealers said signs of renewed overseas buying were sustained throughout the day with more orders noted during the last trading hour when the London stock market
    194 words
  • Article
    Greenbsck steady, but outlook bearish
    137 1 THE US dollar was steady during early trading in Europe, but deslers said the technical recovery was nearly over. In London, the greenback started at 1.818 Weet German marks and 127.56 Japaneee yen after cloeing earlier in Tokyo at 1.8172 marks and 127.7 yen. The
    137 words
  • Article, Illustration
    Solution to SFCCI impasse proposed
    413 1  -  By WILLIAM CHIA THE VICE-PRESIDENTS of the Singapore Federation of Chambers of Commerce and Industry (SFCCI) think they have found a solution to the impasse over the appointment of a new president. The proposal is that the five member organisations alphabetically take turns to fill
    413 words
  • Article
    CityDev to place 20m shares to raise $60m
    511 1  -  Private placement awaiting SES approval By CORRINA LIM CITY DEVELOPMENTS Ltd. which completed a $100 million rights issue two months sgo, is planning to tap the market for funds again this time through s private placement of about 20 million new shares.
    511 words
  • Article
    Lock icon Kraft expected to reject hostile US$11.5b takeover bid by Philip Morris
    353 1 Agencies AMERICAN food giant Kraft Inc is widely expected to repel a hostile US$ll.5-billion bid by Philip Morris Companies Inc which, if successful, would ba the largest non-oil takeover in the US. The Isrgest takeover to date is the
    Agencies  -  353 words
  • Article
    Lock icon Tax cuts, wage rises for civil servants expected in KL budget
    471 1 Reuter MALAYSIA, in the midst of a commodities-led rebound from a 1965 recession, is expected to cut corporate taxes and raise civil servants' wages in Friday's budget, economists and businessmen said. In the budget for fiscal 1968/89, the government
    Reuter  -  471 words
  • Article
    Lock icon Malaysia hopes to export natural gas to Thailand
    158 1 UPI MALAYSIA is hoping to •xport natural gas to Thailand following an agreement to sail the product to Singapore. Malaysian Prima Minister Datuk Seri Dr Mahathir Mohamad said yesterday Opening the 13th international LNG-LPG conference in Kuala Lumpur, he said Malaysia planned
    UPI  -  158 words
  • Article
    Lock icon Aquino pleased with accord
    111 1 Reuter PRESIDENT Corazon Aquino yesterday welcomed a new deal on American military bases in the Philippines ss communist rebels called her e puppet of Washington and vowed intensified attacks on US targets. She said that the accord signed in Washington on Monday reaffirmed an "enduring relationahip"
    Reuter  -  111 words
  • MONDAY 19 October 1987
    • Article
      The Crash, One Year After
      130 1 PANIC struck the world stock markets exactly a year ago. Today, BT brings you a special package of articles to mark the first anniversary of the Great Crash: e Pstricis Scherschel evaluates the Singapore stock market in its first post-crash year; e Singapore Nomura Merchant
      130 words
    • Article
      The world in balance
      69 1 THE MILITARY BALANCE, the annual report of the Londonbased International Institute for Strategic Studiea, is eagerly awaited for its incisive commentary on international strategic iaauea. The first of two articles on the report discusses the broad spectrum of East-West and regional affairs, particularly Australia's and New
      69 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      163 1 M BRUNO MAGLI Crnnrpo<nt*ol-I0 176 Otihirt *oid 0923 Vt 7)7 4509 Forum GjMen* »01 46 M) Ochiid Itoid Singapore 092) W 7)2 8961 Open Daily from 10 00 am to > 00 pm Thorn EMI Rentals How to make a selling proposition with impact. Rather than talk till you go
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      Page 1 Advertisements Column 2
      225 1 Full report, PAGE 1« Regional Rflkto, PAGE 20 World Mkto, PAGE 21 oocraaiara Editorial Comment: 12 Hill Street blues International procurement 2 Philips to buy USsssom from Singapore and Malaysia Cambodian conflict 4 Khmer Rouge leaders prepare to go it alone World economy S UN agency predicts 3.9 pc growth
      225 words
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      Page 1 Advertisements Column 3
      9 1 offer In US htetory, PAOE 21 L*«d«r, PAGE 12
      9 words
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      Page 1 Advertisements Column 4
      36 1 ?:>!'[~'"",`*}\\!!))~,/;@=@)+_< PAGES 12 and IS PAQE 11 THE AUTO-FOCUS I PENTAX High-performance AF system User-friendly command/display system Built-in retractable auto flash Simple programmed exposure operation Xiank O'Connor's PENTAX *8 Paw Pinjjnf Road. Smj»por* 0511 W *****44 SF^
      36 words
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  • HOME NEWS
    • Article
      Philips buying US$550m worth of parts this year
      310 2  -  By LILY FERNANDEZ DUTCH electronics company Philips is expected to buy up to US$55O million worth of parts and components from Singapore and Malaysia this year. Of this amount, the majority will come from Singapore. This represents a 5 to 10 per
      310 words
    • Article
      TDB on recruitment drive for IPMAS
      271 2 THE TRADE Development Board (TDB) is on a recruitment drive to boost corporate membership of the newly-registered International Procurement Management Association of Singapore (IPMAS). Its eye is on the 20 of the 53 international procurement offices that are still not yet IPMAS members. The
      271 words
    • Article, Illustration
      Metro to open Toys 'R' Us in KL
      467 2  -  By SUZANNE SOH THE FIGHT between Metro and its arch-rival Isetan for retail customers has extended from Singapore to Kuala Lumpur. In the first week of November, Metro will open its first Toys R' Us store in Malaysia. The outlet, with 3,130
      467 words
    • Article
      S'pore software firm starts marketing in Thailand
      155 2 ELECTRONIC DATA SYSTEMS (EDS), a local software house, has started marketing its products in Thailand through trading giant F E Zuellig. Under the agreement, Zuellig will handle Electronic Data's "Famas" or financial and manufacturing accounting software system for IBM S/36, S/38 and AS/400
      155 words
    • Article
      September CPI up slightly
      119 2 SLIGHTLY dearer housing and food pushed the Consumer Price Index a barometer of cost of living marginally upwards last month. The index went up by 0.1 per cent in September compared with August. Against September of last year, the index rose 1.6 per cent. Food prices
      119 words
    • Article
      'Move by banks not good for industrial ties'
      389 3 THE RECENT MOVE by 20 bank* to turn to the Industrial Arbitration Court to extend and modify a wage pact has been denounced in a comment piece in the latest issue of the NTUC /Wire. Though the banks have not done anything
      389 words
    • Article
      Political loyalty of labour leaders must be clear
      489 3 LABOUR LEADERS in Singapore cannot afford to have divided political loyalties. Union officials whose political sympathies lie with the opposition have no place in the National Trades Union Congress, says the iateet NTUC publication NTUC Mews. NTUC assistant secretarygeneral Goh Chee Wee,
      489 words
    • Article
      Americans may become biggest property investor in Asia
      343 3 AMERICANS as a group could overtake the Japanese as the biggest property investor in Asia in the coming decade, said the chairman of Richard Ellis International yesterday. What stands in the way is the "parochial" outlook of some US pension funds, which
      343 words
    • Article
      Forum Galleria to be renovated
      472 3  -  By MARTIN SOONG AN ELECTRIC-BLUE glass facade may not be quite enough for the Forum Galleria. Barely two years after its opening, extensive renovation, worth up to $12 million according to sources, has been planned to solve architectural nightmares at ths Orchard Road shopping centre.
      472 words
    • Article
      Courier business enjoying a lift
      321 3  -  By TONG SUIT CHEE COURIER COMPANIES enjoyed a boom in the first six months of the year, eepecially in the delivery of parcels worldwide. Three courier companies DHL Worldwide Expreaa, TNT Skypak and Federal Express, which shared about 70 per cent of the Singapore market
      321 words
    • Article
      Arburg sets up Asian base, support centre
      331 3 ARBURQ of West Germany, a leader in the manufacture of smsll and medium plastics injection moulding machines, has set up its Asian headquarters and a technical support centre in Singapore. The subsidiary, Arburg Pte Ltd, does not have manufacturing base but will offer
      331 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      119 2 \£ML Adelaide Amsterdam Athens Bahrain Bangkok Barbados Beirut Beigrode Brisbane Brussels Budapest Buenos Aires Cairo Calgary Canberra Carocas Chicago Cop "ho gen Darwin Dublin Frankfurt Geneva Havana HeUtfAl nvwrmi Hobart Hongkong Honolulu Islamabad Istanbul Jakarta Jerusalem Jo'burg Kiev K Lumpur Lima Lisbon London Los Angeles Madrid Manila Melbourne Mexico City
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      535 3 The celebrated 19th century diva known variously alone at the Savoy Hotel, which, under the joint management Georges Auguste Escoffier, like Nellie Melba, as "Madame Stravidarius" and "that terrible of Cesar Ritz and Georges Auguste Escoffier, was a celebrity at the very pinnacle of his career. He too Melba" would
      535 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    673 4 ARRIVALS Operator S«rvic« number Local Mm* From SAS SK971 1230 CPH/8KK MAS MH64I 1230 KCH GU GA950 1220 CGK GlA GA89S 1235 AMS/FtA/AUH SU SQ1 1250 SFO/HNL/HKG CAL CI342 1300 LUX/DXB SU SQ203 1300 CGK SU SQ107 1305 KUL KIM KL813 1345 AMS/DXB/BKK SU SQ109 1405 Kid
    673 words
  • ASIA-PACIFIC
    • Article
      Lock icon Third World neglecting food production: FAO
      385 4 Reuter THE HEAD of the United Nations Food and Agriculture Organisation has accused Third World governments of dressing up their cities as modern showcases while neglecting food production and the rural poor. In an addrees marking World Food Day on Monday, director-general Edouard Saouma
      Reuter  -  385 words
    • Article
      Lock icon 'Vietnam adopting market approach'
      313 4 AP VIETNAM is attempting to rovers* a decline in living standard* by adopting a market-oriented approach to its economy and by seeking foreign investment a member of Vietnam'a National Assembly says. Nguyen Xuan Oanh, a key economic advisor to the government, said "exploding" growth rates of
      AP  -  313 words
    • Article
      Lock icon American court dismisses suit by Bhopal victims
      323 4 UPI NYT A JUDGE on Monday dismissed one of the largest remaining civil cases in a US court stemming from the 1964 disaater at a Union Carbide chemical plant in Bhopal. India. State district judge Gary Sanderson dismissed a suit by attorneys representing
      UPI; NYT  -  323 words
    • Article
      Lock icon Khmer Rouge leaders prepare to go it alone
      523 4 Guerillas said to have enough arms for two years IHT LEADERS of the Khmer Rouge, reacting to mounting international pressure to atop them from gaining a strong position in any settlement of the Cambodian conflict, have made preparations to fight on alone
      IHT  -  523 words
    • Article, Illustration
      Lock icon US reviewing policy towards North Korea
      424 4 Reuter THE UNITED STATES is reviewing its policy towards communist North Korea. in part bacausa South Koraan Prasidant Roh Tae-woo wants to aasa strains with Pyongyang, the State Department said on Monday. Washington has no diplomatic relations with North Korea and has placed it
      Reuter  -  424 words
    • Article
      Lock icon Beijing reassures Japanese investors
      401 4 AFP CHINA has reassured the largest Japanese investment delegation yet to visit the country that a recent economic shakeup will not affect most foreign investment projects or the investment infrastructurs. The China Daily said yesterdsy. "I can't say that the recent move to straighten out the
      AFP  -  401 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      367 4 The business person's choice every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Akix ort at 22:05 hours end arriving Heathrow early the fotowing morning. Cat your Travel Agent or Air Canada at *****55. AIR CANADA il m v m. It k- hi! >A M h Jr 4 w- You don't
      367 words
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      Page 4 Advertisements Column 2
      85 4 Gold Currencies Commodities Chartservice $12/-per month Up to-date computerised charts every week GokJ/SIMEX Yen, D-Mark/Nikkei Index/Crude Oil/Cocoa/Sugar, etc. For Financial Controllers, Dealers, Individual Investors, etc. Please send me the weekly chartservice for 6 months Attached is chec** tor $72/- Post to above address o Fa* to. Hold for colection (Cheque
      85 words
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  • REST OF THE WORLD
    • Article
      Lock icon Harvard magazine offers solutions to economic woes
      380 5 AP THE NEXT PRESIDENT must take major steps to turn around a US economy destabilised by an entrenched budget deficit and fundamental policy flaws, a Harvard Business Review report said on Monday. In a set of eight papers, experts from consumer activist Ralph
      AP  -  380 words
    • Article
      Lock icon Bush holds lead over Dukakis, says poll
      293 5 Reuter US VICE-PRESIDENT George Bush has opened up a 17-point lead over Michael Dukakis with just three weeks to go before the November 8 election, raising the poesibility of the third straight presidential landslide for the Republicans. An NBC poll released on Monday
      Reuter  -  293 words
    • Article
      Lock icon Economists study sites for a Soviet 'Hongkong'
      190 5 Reuter SOVIET ECONOMISTS are looking at potential sites in the country's far east to create a "Hongkong" in line with a proposal by Kremlin leader Mikhail Gorbachev, Tass said. Pavel Menakir, deputy director of a research institute in the far eastern town of
      Reuter  -  190 words
    • Article
      Lock icon Ligachev may have lost his deputy post
      93 5 Reuter AN OFFICIAL spokesman said on Monday that Soviet leader Mikhail Gorbachev had no deputy as Communist Party chief a phrasing suggesting that Yegor Ligachev had loet the number two poet At a Moscow news briefing, Foreign Ministry Information Directorate chief Gennady Gerasimov
      Reuter  -  93 words
    • Article
      Lock icon Czech economist chides nationalisation policy
      264 5 AP A LEADING Czechoslovak economist has chided poli-cy-makers in communist countries for neglecting the home market and criticised postwar nationalisation of small crafts and services. The critical remarks were made by Valtr Komarek, director of the forecasting department of the Academy of Sciences, in the
      AP  -  264 words
    • Article
      Lock icon Lack of training hurts Europe's competitive edge: report
      211 5 Reuter POOR EDUCATION and job training are pushing up unemployment and threatening Western Europe's ability to compete with trade rivals, a group of top European businessmen said. The Round Table of European Induatrialists also warned that the region'a ageing workforce meant it
      Reuter  -  211 words
    • Article
      Lock icon UN agency predicts world economic growth of 3.9pc
      478 5 AFP THE WORLD economy will grow 3.9 per cent thia year as both North and South appear headed for increased economic growth, the 1988-89 global report of the UN Induatrial Development Organisation said on Monday. The world economy's rate of expanaion in
      AFP  -  478 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      148 5 FOR SALE BY AUCTION COCKPIT HOTEL lo lx- held on I rid.n _!"»th Nowmilkt I 9HH .it Sir Slumlord Room, Mt'/Atniru' I l<x>r, Hv.ilt Ki'm'ru v Sim;»t|>ori\ S< oils Ro.td .il 1: 10pm. it** mini Freehold Excellent location in close proximity to Singapore's hotel and shopping corridor at Orchard Road
      148 words
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      Page 5 Advertisements Column 2
      121 5 Small is beautiful Introducing United's new, exclusive Business Class. J At United, we believe it's the small things that count. And having a smaller, more exclusive Business Class is one of them. That's why we've just reduced the number of seats in our Business Class by almost half. L— But
      121 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      86 5 BY GARRY TRUDEAU GOOD, JIM, IHJANT VOL/ TO CALL AN eMBKENa session OFTHssecumy COUNCIL AT I 0100 HOURS. KM ABOUT ths sowers* HASTH&R AMBASSADOR Been NOTtH&* ves.wevß ASSURBP HIM THAT THERE'S Been a smooth TRANSFBROF POUJBR SNOJSSMB! DO£S ANIONS KNOUJ HOUJTO MA&esonte CHAKGOUP AND DOUJN* UkLCANWB HUP you mH THAT
      86 words
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  • COMMODITIES
    • Article
      Lock icon Analysts cautious over Gulf Opec output plan
      576 6 Reuter A PROPOSAL by Gulf Opec states that tha cartel should adopt a new, higher output ceiling of at least 17.429 million barrels per day (bpd) for all 13 members initially sent oil prices higher, but analysts have reacted with caution. "On the
      Reuter  -  576 words
    • Article
      Lock icon M'sian rubber output up
      56 6 Bernama MALAYSIA produced 1,059,668 tonnes of natural rubber during the first eight months of this year, up 36,913 tonnes or 3.9 per cent over the same period last year. Releasing its latest figures on Monday, the Statistics Department said that production for the month of August
      Bernama  -  56 words
    • Article
      Lock icon Bright prospects for M'sian gas industry
      168 6 Bernama OPPORTUNITIES in the gas industry, particularly in the petrochemical industry, are plentiful, a Petronas official says. Presenting a paper at the Qaatoch '88 conference in Kuala Lumpur yesterday, Mr Hashim Salleh general manager of Petronaa Gaa Sdn Bhd said proepects were bright in
      Bernama  -  168 words
    • Article
      Precious Metals
      253 6 HONGKONG: Gold closed firmer yesterday mainly in reeponse to the rise in silver prices. Bullion sndsd st U*****.10/60 sn ounce sgslnst an initial 412.30/60 and Nsw York's 411.60/412.30. On the local market, gold roee HKSI6 to end at HKS3.B6Q a tael. The Krugerrand rose HKIIO to HK53.215. The
      253 words
    • Article
      Palm Oil
      394 6 MALAYSIAN crude palm oH prices yesterday extended their rise at the close on spill-over buying after a lower than expected rise in September palm oil stocks. Oct south region roee MSIO to M 51,027.50 per tonne and central M 57.50 to Msl,olo while Nov south clossd Msls firmer
      394 words
    • Article
      Lock icon Former Kloeckner oil trader arrested
      166 6 Reuter WEST GERMAN police arrested the former oil trading chief at Kloeckner und Co, which laat week announced potential losses of up to 700 million marks in forward oil trading contracts. The Duesseldorf state proeecutor for economic crimes said police had arreeted Wolfgang Zeechmar, an
      Reuter  -  166 words
    • Article
      Rubber
      267 6 BMQAPORE: Rubber prices ended higher with November RSS 1 buyer quoted st 203.00 cents a kg yesterday, up fivs csnts from Monday's closs. On ths TSR-20 Awsrd market, prices also ciossd higher on some short-cov-ering of nesrby positions in sctivs trads. November buyer was quoted at 197.50 csnts a
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    • Article
      RAS and MRELB
      270 6 RAS prtc* toll MM»N In Ma NOON CLOSE to 1 HI *aa*t 203J0 *****N 202-00 203.00N HIKSNnll 30X30 2O4J0N 203.00 2O4J0N IM 1 KSS Dk 207JO 203J0N 204J0 207JON htimor 302-00 *****N 201 JO 203JON fa* 3 KSS Of mjo 201 JON 193J0 300JON ba 4 RSS
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    • Article
      SSR and SMR
      71 6 NOVEMta 1988 (currant month) OfOMia 1988 (forward month) RAS NOON how* S*n NOON SSt 30 sst so MRELB 197jOO ***** 199.00N 197.00N Mm 197OO 195.00 iff j SMI CV SMJt I SMC 5 SMM Of SMC 10 SMI 30 SMt SO 297j00 244 JO 231.00 247.00 244.00
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    • Article
      Lock icon Crude Oil and Products
      159 6 Telerate FUEL oil continued to trade at higher levels yeeterday. Buyers were heard willing to pay a maximum of US$62 per tonne (fob Sing) for CSTI6O lots. They were reluctant to follow up on sellers' indications which were aa high aa US$67 per tonne (fob Sing).
      Telerate  -  159 words
    • Article
      Soybean
      89 6 A LATE surge in soymeal futures sparked mixed buying in Chicago Board of Trade soybean futures and drove prices up at the cloee on Monday. Pricea settled up 5-112 to eight cents a bushel with spot November up 6-3/4 cents at US$B.lO-3/4. Spreading against soymeal and mixed demand helped
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    • Article
      Wheat
      85 6 COMMERCIAL buying as prices eased and a strong tone in soybeans closed Chicago Board of Exchange wheat futures on a firm note on Monday. Prices settled up 1-1/2 to four cents a bushel. Spot December was up 1-1/2 cents at US$4.3O-1/4 a bushel. Strength in soybean futures and the
      85 words
    • Article
      KL Tin
      131 6 SENTIMENT remained buMeh en ttie KLTM wNh tie price cioeins els conts htghorat MSIS.SO a kg The upourgo reflected pßrsltHm short covering by European, Japaneee end l rnf Interacts, while lent some euppodttonh Honing was reported, ■uylng activity puehed turnover up to 122 tonnes. The KLTM's premium over
      131 words
    • Article
      London markets
      308 6 London Commodity Exchange doc bg prtcos on Oct 17, (£/tc ip^ctfiod) mno wio» ntrim cM <9 f xiooi In CoIm B«fc fci morm 1 jond on, wlin oplien OF londo n Nov 1133/1134 (1122/1125) Wgh/low 1135/1120 Jan 1137/1138 (1125/1126) H^h/Low 1138/1126 Solo* (1029) Coco# Dac 775/753 (753/754) H*h/Uw
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    • Article
      Produce Prices
      231 6 ChlntN Produce Exchange S#ll#n noon dotinQ p irtcM an Oct 18 (S$/100 kg) Coconut oil Mk FO« n».oo Old Otvm FOt 12t.00 Nw drum m 13X00 Copra Mixed (ioom) 69 wlin Pepper TSuiSr 54X50 FOt faq NLW 53X50 Sarawak black FOt NLW Sarawak Arto 31X50 bM KM NLW
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      192 6 ENEX-ASIA'BB^ Power to the Electrical Electronics Industries 25 29 OCTOBER 1988, WORLD TRADE CENTRE, SINGAPORE Get Ready. Electric Asia and Asia Electronics, two of Southeast Asia's most influential trade exhibitions, are here again. This time, with even more clout than ever. At Electric Asia '88 and Asia Electronics'BB, you can
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      Page 6 Advertisements Column 2
      204 6 The Culture Society Sponsored by Isetan Foundation iffjTM Supported by The Japanese University Graduates Association of Shigapnrr (^bjugm presents "Phoenix Arises To Dragon Music" An Original Performance in Music and Donee J *'V> i >>09 Featuring Hidefumi Iwahana Accomplished Japanese flautist with major performances in conceit halls of Europe and
      204 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      293 7 A Great Italian Event Staged In A Perfect Setting designeis: Cini Boer, Tomu Katayanagi producer Fiamsrl designer: Claudio H. Nordio producer Quattritoiio spa i designer: Utficio Tecnco Colnago producer: Ernesto CoJnago e C srl designer Francesco Fots producer: G B Bemini spa designer Mario Beflini producer Olivetti spa ••W<<<<<« ITALIAN
      293 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon 'EC central banks need greater freedom'
      174 8 Reuter CENTRAL BANKS need more independence to achieve close coordination of monetary policy in the European Community, a member of an EC monetary body says. Miguel Boyer member of a committee due to report to EC leaders next June on monetary reform spoke at
      Reuter  -  174 words
    • Article
      Options
      1269 8 CURRENCY FUTURES OPTIONS Tuesday, Oct 18, DEUTSCHE MARK (SIMEX) 1988 N High M 88 COM* Low Sod High «ov 88 pm Low So* 53 53 54 55 56 145A 36A DM 88 Mh 140 21 So* 268 High Doc 88 puto Low 1 2 X So* 53 53 54
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    • Article
      Asian $ market
      199 8 Asian market ASIAN DOLLAR deposit rates yesterday ended little changed from opening levels. after quiet trading. US$ CTFH UO 7 doyt 8 3/8 8 1/4 1 mmOi 3/8 >/4 2 wo 1*11 8 7/16 8 5/16 3 months 8«5/8 8 1/2 6 manMn 8 5/8 8 1/2 9 muiOo 8
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    • Article
      Money markets
      64 8 THE OVERNIGHT rate on the Singapore money market rose 3/8 point to close at 5-1/8 per cent yesterday. One month rose 1/16 point, while two and three months were unchanged. S$ Interbank rates at the dose yesterday: ora mo Ovar- 11/1 1 1 -momh S 3/16 5 1/16
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    • Article
      Government securities market
      102 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OHW HIGH LOW 3 months 8Q*****S 12.01.89 4.39 4.34 4.42 4.42 6 months BY*****Z 23.03.89 4.64 4.59 4.65 4J9 1 year BY*****S 20.07.89 4.69 4.64 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      102 words
    • Article
      Lock icon Central bank in Taiwan intervenes to support US dollar
      314 8 Reuter TAIWAN'S central bank is increasing US dollar purchases on the interbank market to support the weakening greenback and slow the appreciation of the local currency. Bank governor Chang Chi-cheng told reporters on Monday that the central bank was forced to
      Reuter  -  314 words
    • Article
      Lock icon Rating system for yen CP
      82 8 Reuter JAPAN'S finance ministry plans to introduce by endNovember a system to rate yen commercial paper, to increase the number of companies eligible to make such issues. A ministry official said it is collecting data and opinions from ratings agencies about the new system. About
      Reuter  -  82 words
    • Article
      Conference on risk management from Nov 2
      147 8 ABOUT 150 Asean delegates will attend Singapore's first risk management conference starting on Nov 2. The three-day meeting at Pan Pacific Hotel is being organised by the new-ly-formed Risk and Insurance Management Association of Singapore (RlMAS). An exhibition on risk management will be
      147 words
    • Article
      Simex
      481 9 DECEMBER Eurodollar futures opened one tick lower on Simex yesterday from the previous Chicago closing levels at 91.36 on a firmer Federal funds rates. Trading was lethargic as market participants were uncertain over the outlook of the US interest rates. The December contract traded in a narrow range of
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    • Article
      IMM
      209 9 IMM currency futures settled mostly lower on Monday but msny contracts ended near session highs as locals stterapted to test buyer resistance ahead of the cloee. Sterling held sharp losses, however, as profit taking eroded gains registered last week on speculation that UK rates ;ould rise further. Most contrscts
      209 words
    • Article
      Comex gold/silver futures
      161 9 Gold futures on Oct 17, 1968 100 toy OHneac USS par toy oun Opm Lmm Mto Oct 414.30 414.30 412.00 412.20 XI0 Not 41X40 -300 Ok 414.30 41 JO 41X70 415.50 3.00 Nfc ***** 422.70 419.10 420.70 300 425.00 426.50 424*0 425.90 3JO Jm 432.00 432.00 430.00
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    • Article
      Lock icon Soviets look to Europe for trade financing
      241 9 Reuter THE SOVIET UNION is pursuing mors than US$4 billion in trade credits from Western Europesn trsds partners in s bid to modernise its industry and increase the svsilsbility of consumer goods in its markets. Soviet officials on Monday signed a three billion
      Reuter  -  241 words
    • Article
      Forex markets
      687 9 SINGAPORE: The US dollar yesterday closed firmsr against most major currencies. Against the Singapore dollar, the US dollar closed slightly higher 2.0210/17 in moderate trading. It traded within a range of 2.0195 and 2.0270. It opened at 2.0205/15. It ended at 127.65/75 yen against New York's 127.05/10 close
      687 words
    • Article, Illustration
      World interest rates
      176 9 •m prime Itndtag rates of 12 major banks in S'por* Interbank market rataa (offar/bld) on Oct 18 us$ DM SWFC Y«n 4myt a 1/4 i/a 12 3/1* 1/1* 4 7/a 3/4 3 7/a 3/4 4 a/i* 7/i* a 3/a -1/4 is ii 7/a 4 13/1* ll/l* 3
      176 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      95 8 ATTENTION! Financial Institutions VMK Srr Xh7 I t~* !I* v- V-.S, f,,, £*< *r mwm. vsr* JP g0 ~r J, SP ■r«P V if «r fmrn f' sw- n m M *y. The DRS Trading Table ?>,4a <• r *1® %r. Designed and manufactured in Singapore. Engineered for world-wide shipment
      95 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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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      51 9 Exquisite South Indian \fegetarian Cuisine soon at the BOMBAY WOODLANDS RESTAURANT FULLY LICENSED IMPECCABLE SERVICE Also in London, Bombay New Delhi GRAND OPENING ON THURS 20 OCT '88 It's already the talk of the town 1 For reservations call: Bombay Woodlands Restaurant 583 Orchard Road #81-06 Forum Galleria Tel: 235
      51 words
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      Page 9 Advertisements Column 2
      48 9 The Arrow Criterion rang©. Working shirts with the casual feel. CRITERION EY THE MOST FAMOUS SHRT M TVE WORLD AVAILABLE AT ALL LEADING DEPARTMENT STORES AND ALSO ARROW SHOPS AT FORUM GALLERIA MERIDIEN HOTEL OUB CENTRE AND PENINSULA PLAZA LICENSEE AND SOLE DISTRIBUTOR: APPAREL WORLD (S) PTE LTD.
      48 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon US banks turn in solid trading gains
      592 10 Reuter SOLID trading gains offset the negative impact of Argentina not paying interest on US$4O billion of bank debt in the third quarter for many US banks, including three which reported earnings on Monday, analysts said. JP Morgan and Co Inc, First Chicago
      Reuter  -  592 words
    • Article
      Lock icon Chinese bank Inspectors find fraud
      96 10 Reuter BANK INSPECTORS in China, probing financial irregularities nationwide, have uncovered widespread fraud, illegal loans and bribery, according to an official newspaper. Financial News said an investigation of 1,202 state firms in 12 counties in Sichuan found they were holding a total of 2.057 million
      Reuter  -  96 words
    • Article
      Lock icon Mauritius all set for offshore banking
      350 10 Reuter MAURITIUS will ofler licences this year to banks from Britain, France. India and possibly Japan and Malaysia in an effort to launch Africa's only international offshore banking centre. Finance Minister Vishnu Lutchmeenaraidoo said in Port Louis yesterday that the Indian Ocean island would
      Reuter  -  350 words
    • Article
      Lock icon 'New adequacy ratios meant to strengthen system'
      422 10 NYT NEW CAPITAL-ADEQUACY ratio requirements on commercial banks are intended to strengthen an international financial system threatened by the Third World debt problem, says a former committee chairman of the Bank of International Settlements (BIS). The statement by William Peter Cooke, associate director
      NYT  -  422 words
    • Article, Illustration
      Lock icon Central banks may intervene, says Sumita
      175 10 AFP BANK OF JAPAN governor Satoshi Sumita yesterday indicated that the central banks of major industrial nations could intervene in the money markets if the yen continues its sharp advance against the dollar, government officials said. Mr Sumita was quoted by the officials as
      AFP  -  175 words
    • Article
      Lock icon Gold-linked savings for depositors
      98 10 Reuter SUMITOMO BANK LTD, Sanwa Bank Ltd and Industrial Bank of Japan Ltd will introduce goldlinked saving accounts at the beginning of November, bank spokesmen said. The rate is determined according to fluctuations in yen-de-nominated physical gold prices. If the gold prices move the way a
      Reuter  -  98 words
    • Article
      Lock icon Global borrowings rebounded in' September, says OECD report
      353 10 Reuter BORROWINGS ON international capital markets rebounded in September after a seasonal slow-down in August, the Organisation for Economic Cooperation and Development (OECD) said. At U5529.2 billion, the aggregate volume of medium and long term funds raised on the markets was some
      Reuter  -  353 words
    • Article
      Lock icon Need to write off part of Third World debt, says UN head
      277 10 AP GOVERNMENTS and private lenders must write off part of the Third World s debt if they hope to see those nations recover from economic stagnation, secretary-gener-al Javier Perez de Cuellar said in a report issued on Monday.
      AP  -  277 words
    • Article
      Lock icon KL expects surplus
      161 10 Bernama MALAYSIA'S total capital inflow during the first six months of this year was estimated to show a surplus of more than Ms 3 billion, Deputy Finance Minister Senator Farid Ariffin said yesterday. He said a big portion of the surplus inflow, based on a 9 per
      Bernama  -  161 words
    • Article
      Lock icon IMF talks crucial to new loans for Philippines
      367 10 Reuter NEW PHILIPPINE borrowing from commercial or official creditors hinges on the outcome of negotiations next month with the International Monetary Fund (IMF), according to Finance Secretary Vicente Jay me. He told a meeting of international financial executives in Manila on Monday
      Reuter  -  367 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      187 10 BREEDING THOROUGHBREDS IS PART OF OUR TRADITION j «r t r Y m ■iijgoiijJl EXPERIENCE THAT TRADITION WHEN YOU RIDE OUR NEW 747/300' S. Now Saudia have no less than 10 super luxurious Boeing 747-300's in their fleet. The 747-300 is one of the largest and most comfortable long-haul jets
      187 words
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  • FOCUS
    • Article, Illustration
      Lock icon Australia and NZ bolstering defences, says report
      1184 11 The authoritative annual report of the International Institute for Strategic Studies, published in London yesterday, examines a wide range of international defence issues. FOCUS looks at some of its major conclusions. The accompanying article says that the US-Soviet agreement to scrap all intermediate-range
      AFP  -  1,184 words
    • Article
      Lock icon INF treaty key event in US-Soviet relations
      419 11 AFP THE US-SOVIET agreement to scrap all intermediate-range nuclear forces (INF) was last year's crucial event in bilateral relations. according to the International Institute for Strategic Studies (IISS). The INF treaty was signed by US President Reagan and Soviet leader Mikhail Gorbachev at
      AFP  -  419 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      341 11 LOOK AT AMY LAPTOP IN POOR LIGHT AND YOUR EYES WILL END UP LOOKING V/.' UNLESS IT'S THE NEW EPSON PC PORTABLE. No more red eyes. That's a promise. Because Epson believes a true laptop should let you work anywhere you want or need to. So we give you an
      341 words
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  • PERSPECTIVE
    • Article
      Hill Street blues
      507 12 IT IS unfortunate that fissures in the Singapore Federation of Chambers of Commerce and Industry (SFCCI) have broken out in the open. But it came as no surprise. There have long been undercurrents of contention at SFCCI meetings, held at the Singapore Chinese Chamber of Commerce and
      507 words
    • Article, Illustration
      One year after the Big Crash
      1640 12  -  On Black Monday, Oct 19,1987, the Dow Jones Industrial Average dropped by 22.6 per cent in six and a half hours of financial hysteria, wiping out more than US$5OO million in paper wealth. The Big Crash sent out shock waves which followed the sun
      1,640 words
    • Article
      Markets likely to be healthier
      843 12 By NELSON KAM, Senior Officer (Investment) of Singapore Nomura Merchant Banking Ltd FOLLOWING the crash of October 19, 1967, 1968 started with all experts agreeing that a recession or a slowdown in the world's economy is likely to follow. By the middle of the year
      843 words
    • Article
      ST Industrial Index set to rebound
      529 12  -  By UOB Securities Pte Ltd WHILE CONFUSION still reigns one year after the crash, Wall Street's recent rally has given investors confidence. Short rallies can be expected, which will provide the punter with some trading opportunities although they may not be as profitable as
      529 words
    • Article, Illustration
      Lock icon Wall Street taking things easy
      412 12 The Economist THESE are lazy days on Wall Street. Nicaly lazy for investors who hava seen the Dow Jonas Industrial average drift up by 7.6 per cent this year, and sadly quiet for underemployed brokers on the floor of the New York Stock Exchange. The
      The Economist  -  412 words
    • Article, Illustration
      Lock icon Recovery of Asia-Pacific only an illusion
      1303 13 AFP ONE YEAR after the October craah, the recovery of stock markets in the Asia-Pacific region is showing signs of being an illusion. The recovery in Japan has been misleading. The closelywatched Nikkei average of 225 stocks has rebounded to 2 per cent above
      AFP; Source: Financial Times  -  1,303 words
    • Article, Illustration
      When all hell broke lose in New York on Black Monday
      1445 13  -  By ROSIE TAN MUCH of the blame for the October 1967 crash has since been placed on the plethora of financial instruments and trading strategies devised by mathematical wizards in a bid to outperform the market. The mathematics was
      1,445 words
    • Article, Illustration
      Lock icon Wall Street still in crash trauma
      419 13 AFP THE THREATS that prompted Black Monday tha soaring budget and trade deficits have receded. But the good news has not been sufficient to encourage the American small investor to return to the market place. Small investors and savers had eagerly contributed to the
      AFP; Source: Financial Times  -  419 words
    • Article, Illustration
      Lock icon London remains weak
      485 13 FT THE CRASH haa had a much more severe effect on the securities industry in the UK than on the other side of the Atlantic, primarily because the slump in trading volumes came when it was in a particularly vulnerable state. The restructuring of the industry as
      FT; Source: Financial Times  -  485 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      87 12 We are looking for the individual who made the most notable contribution to the business in 1988. Call Adeline Yong on 344-8955 now to give your nominations. i: l ess SELLING^ TO JAPAN Kj Tf V i^K $4 A MONTHLY MAGAZINE OF BUSINESS TRENDS Manufacturers look last Tho Koreans aro
      87 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      281 13 1 M v i* Tf I vv ><r m fee* a: V 4, a? V* <* T* J* JONES LANG THE ACHIEVERS Whether you're in the market to buy, sell or lease, you'll find that the Achievers at Jones Lang Wootton have the skill and experience to negotiate the most
      281 words
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  • LEISURE
    • Article, Illustration
      Awards for taste, talent and tenacity
      366 14 INDIAN FILM-MAKER Mira Nair and Hungarian director Erika Szanto shared the Lillian Gish Award for Best Feature film at the close of the 4th Annual Women in Film Festival on Sunday. Nair won for her gritty film Salaam Bombay, which depicts the plight of
      366 words
    • Article
      Lock icon Aussie wine-maker vaunts his product
      238 14 AFP WHEN Greg Clayfield of Coonawarra says Australian wines are as good or better than the French, people have to listen. For the apple-cheeked country boy from Down Under was toaat of the wine world this week when he was crowned International Wine-maker of the
      AFP  -  238 words
    • Article, Illustration
      Lock icon The best Monopoly player of them all
      248 15 AP JAPAN'S national champion won the eighth world Monopoly championship on Monday, finishing the re-cord-long, 2 hour-and-15 minute final out of breath. "Most pleased." winner Ikuo Hiyakuta said, gasping. "I really wanted to win. I was determined." The 36-year-old from Chiba City, Japan,
      AP  -  248 words
    • Article, Illustration
      Lock icon It's the money that matters
      810 15 Reuter BRITAIN'S top literary award, the Booker Prize, enters its 20th year this month treading a fine line between artistic integrity and the commercial hype which can push book sales to record levels. Before television cameras, literary lights, publishers and top business people at London's
      Reuter  -  810 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      141 14 j <-• T 7 //j 1' v«: a mm Make <r t CC4\s <? ddilv affair hr.:i- > >in h i\ni > f/»i> /j, >m, trrs/i (Mi/ -tiivptiit huttet him h Mr-'. •»/w 1.11 Jfh u ill 11 implement thiifofnil.it hut let spre.ui .j;k/»< n ill be Jitirn'nt i i
      141 words
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      Page 14 Advertisements Column 2
      241 14 Ernest Greg i s f V The JADE LOUNGE is the perfect spot to relax in, after a hard day at work. Ernest and Greg provide a hot new entertainment style. With a rich repertoire of ballads, old favourites and impersonations. Ernest is a soloist and plays the guitar while
      241 words
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      Page 14 Advertisements Column 3
      183 14 ft\)\ I !> ni.M 4 Iriyh 15th ANNIVERSARY CELEBRATIONS 13 <25 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 THE HOT FAVOURITE IS
      183 words
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      Page 14 Advertisements Column 4
      198 14 1 iappy 1 lours are now Doubly Good: Order one drink by m 4V# 8 A v i a m i;i m <>!*££ Continental Buffet Oct 1 to 21 Something for every taste. The fare is absolutely sumptuous featuring an incredibly wide choice of Continental dishes. You'll find something to
      198 words
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      Page 14 Advertisements Column 5
      224 14 H \s\ r.2 7 V '1,. VN 889 Fmaritts J at BEER CARDER Bring to the roast fresh seatood. fish, meat etc in coo) gardenlandscapad anwonnant. Be entertained by soothing muse a* you enjoy your hearty meal !i 4 A// set menus come wrtrt unlimited servings ot salads (buffet style),
      224 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      221 15 v< d 1 V* The Bounty of the Hunt October 1 31. The game season comes to Hubertus GrtU with a menu fit to grace Ihe finest dining tables. more are specialties known In the very best houses of Europe such as-Rabbit Terrtne in Jelly. Essence of Vrfid Duck, Medallion
      221 words
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      Page 15 Advertisements Column 2
      70 15 m V//s T, I t s" r #L,SMEO i QUALITY guaranteed fULLY yKr vat ufi f o p 75 cl i 43 X >01 i I I I FINEST m SCOTCH WHISKY BLENDED A BOTTLED BY {/royr S&a//anti/ir 6r (Jon. ?£wufcd C/)cj////rrj -~&)h fttihrrtot/. (?frot/aru/ PRODUCT OF SCOTLAND n MfOT
      70 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      639 15 CRYPTIC PUZZLE ACROSS 1 Something to hang a skirt from? (5) 6 Polish vessel on the canal? (5) 9 Where you can't even get a drink if it's dry? (7) 10 Major disagreement! (5) 11 Kid a fellow that's the lot (5) 12 Just William's colour? (5) 13 Sausage you
      639 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1281 15 THE NATURAL WORLD Leopard: A DutiMM In The Grass 9.30p«n, Channel 12 Survival on the hot plains of Africa isn't easy, even for the big cats. This programme examines the daily struggles of an African leopard (above) to feed herself and her young cubs. Produced by Award-winning cameraman Hugh Miles
      1,281 words
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  • SPORTS
    • Article
      Snooker's in the fast lane
      421 16  -  By CHARLES SAVAGE S S HUANG, the chairman of King's Snookerium, has ambitious plans that will not only make his snooker and billiards company the largest in Singapore and uplift the sport's image but also transform it into the most-diversified snooker establishment here. King's Snookerium
      421 words
    • Article, Illustration
      Lock icon Becker breezes past Seguso
      395 16 AP SECOND-SEEDED Boris Becker of West Germany, serving well despite a seven-week layoff due to an injury, breezed past American Robert Seguso 6U, 6-3 yesterday in the Seiko Super Tennis tournament in Tokyo. Becker, ranked fifth in the world, said: "I served quite well today so
      AP  -  395 words
    • Article
      Lock icon 'Linford's anger over comments understandable'
      230 16 Reuter INTERNATIONAL Olympic Committee (IOC) medical commission member Arnold Beckett has said that he understood the "frustration and anger" felt by British sprinter Linford Christie over his drug scare at the Seoul Olympics. In a statement on Monday, Professor Beckett said he was concerned that
      Reuter  -  230 words
    • Article, Illustration
      Lock icon Dodgers juggling hand grenades?
      278 16 UPI IT's 2-0, going to Oakland, just like all the experts predicted. Right prediction. Wrong team. But somehow, don't you get the feeling the Los Angeles Dodgers are juggling hand grenades? Remember, the Athletics won 104 games during the regular season and the Dodgers won 94.
      UPI  -  278 words
    • Article
      Lock icon When Irish eyes are smiling
      165 16 AFP EUGENE HUGHES s Irish eyes were smiling again after he returned to form with a 5-2 win over former world champion Joe Johnson in the fourth round of the Rothmans Snooker Grand Prix in Reading on Monday. Hughes had lost on all four previous
      AFP  -  165 words
    • Article
      Extra coaching for budding champions
      168 16 BUDDING TENNIS champions with the Puma Tennis School will get some extra special coaching during next week's Carlsberg Singapore Men's Open at the Padang. Coaches will be Steve Denton and Anand Amritraj. Denton, a millionaire tennis whiz and Australian Open finalist in 1981 and 1982,
      168 words
    • Article
      Lock icon Larry Bird to sign with Boston Celtics
      204 16 UPI LARRY BIRD, the National Basketball Association's three-time "most valuable player", has agreed in principle to sign with the Boston Celtics through the 1991-92 season. "Larry will be compensated according to the stature he has with the league." said agent Bob Woolf, who
      UPI  -  204 words
    • Article, Illustration
      Hla Han's the man to watch in PGA Open
      494 16  -  by Charles Savage THE SMART MONEY is on Burma's Kyi Hla Han at the Singapore Professional Golfers' Association (PGA) Open which tees off this morning at the Jurong Country Club. Hla Han was the only Asian to qualify for the European
      494 words
    • Article, Illustration
      Lock icon Bruno's bruised by proposals
      258 16 UPI BRITISH CHALLENGER Frank Bruno, angry about proposals to switch the location of his world heavyweight championship fight, flew to New York on Monday for a meeting with Mike Tyson's attorneys and warned "they will have to pay me a lot of money to fight in
      UPI  -  258 words
  • Article
    BONDS, LOANS & WARRANTS
    616 16 BONDS, LOANS WARRANTS Company E*ptry Coupon Conversion period Inter** Conversion lam foe one ordiniry maturity date <%> payable •hare CK Tong Wm 1990)990 Anytime to May 31, 1990 1 worrant plus $2.25 cash. Choon Hup Wm 1991 Anytime on or after Mar 1987 1.6 warrants plus $1.60 cash. until Dec
    616 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      33 16 I DIDN'T SL££P P u>iriK UVbT NIGHT.. I SPOMT HOURS COUNTING SH&6.P jyjroPiKG? Oveß Pt GAT£... SHOEP JupnPiMG oveß a GRTe. is OID HPiT I COUNT CMe.STeR-Pe.RRV CmPLOVees lining UP to Tne BOOK
      33 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Jack Chia regains his flair
      798 17 mm mrnu. By HOCK LOCK SIEW WHEN JACK CHIA pulled out from the troubled Asl billion South Yarra Project 18 months ago, many thought he had quit Australia for good. Well, he didn't. What Jack Chia did was to halt all further acquisitions and new
      By HOCK LOCK SIEW  -  798 words
    • Article
      GB director Richard Loh sells 1.3m shares
      155 17 OB HOLDINGS director Richard Loh has sold off part of his stakes in the Sesdaq-listed company. In a notice to the Stock Exchange of Singapore yesterday, luxury yacht maker G8 Holdings said Mr Loh sold off a total of 1.38 million shares or
      155 words
    • Article, Illustration
      'October application probably considered'
      252 17  -  Insider Trading Trial ALLAN NG PROSECUTION WITNESS Lim Choo Peng yesterday said the SES committee probably did consider Sealion Hotel's Oct 9, 1966 application to relist its shares for three months when the committee was deciding on Sealion's application to lift suspension in the trading of
      252 words
    • Article
      SPTI buys stakes in two garment makers
      456 17 SOUTH PACIFIC Textile Industriee Bhd (SPTI) which is 71 per cent owned by Berjsys Corporation is further expanding its garment operations by buying into two companies one Malaysian and the other in Hongkong. Through its wholly-owned subsidisry. Soutex Sdn Bhd. SPTI has acquired
      456 words
    • Article
      Shangri-La buys into Canadian firms
      367 17  -  Acquisitions in three companies cost Cslo.l2m By MAGDALENE NG SHANGRI-LA Hotel Ltd has stepped on Csnadian shorss with its latest acquisitions a 15 per cent interest in each of three Canadian property-owning companies for a total of C 510.12 million or about Ssl7 million. In
      367 words
    • Article
      Tibs plans active role in management of PB Packaging
      459 17 TRANS-ISLAND Bus Services Ltd (Tibs) is to tske an active role in ths management of PB Packaging Systems Singapore Pte Ltd, which it is proposing to acquire for $8.5 million cash. For s start it intends to reconstitute the boerd of
      459 words
    • Article
      Lock icon HK Hotels rejects Cathay bid
      147 17 Reuter HONGKONG AND Shanghai Hotels Ltd (Hongkong Hotels) has rejected a takeover bid by Cathay City Investments Ltd. It said in Hongkong yesterday that Cathay City was contemplating making an offer for all the issued shares and warrants of Hongkong Hotels at a price of
      Reuter  -  147 words
    • Article, Illustration
      Lock icon Hands off, new SEHK governing body tells HK govt
      297 17 AFP THE NEW governing body of the Stock Exchange of Hongkong has told the government to keep off the bourse's management. "There was a lot of government intervention (in the exchange s management) in the last 12 months," said Francis Yuen,
      AFP  -  297 words
    • SES
      • Article, Illustration
        Bargain hunters send ST Index up another 13 points
        1084 18  -  l By LONG SHIH ROME IT WAS THE EVE of the October Crash anniversary but investors were undaunted and went bar-gain-hunting in search of good buys Stock prices, as a result, rallied to a firm closing, extending Monday s advance by
        1,084 words
      • Article
        COMPANY MEETINGS
        169 18 ROTHMANS OF PALL MALL (MALAYSIA) Berhad: 27th AGM at the Petaling Jaya Hilton Hotel, 2 Jalan Barat, ***** Petaling Jaya, Selangor Darul Ehsan on Thursday, Oct 20. at 2.30pm. DM IB Berhad: 27th AGM at 4 Jalan Tandang, ***** Petaling Jaya, Selangor Darul Ehsan, on Oct 25 at
        169 words
      • Article
        APPROVED ISSUES
        68 18 Company RIGHTS ISSUE Ittton Ofw-Ior-Kvo $5.10 9* !<<or« Ex-do**: Oct 7 Books dot* Oct 19 S N P Ow-lor-on* V 20 P*' iter* E« 6ot« Oct 16 Books clot* Oct 20 Company OTHERS N O I Non-r*nounc«otol* ond non-tronsfefoble pr»»«f*ntK)l oH#f of 1 frnd»»»obU Convertible CuwAJtw* Preference Star*
        68 words
      • Article
        PROPOSED ISSUES
        287 18 Company RIGHTS ISSUE C 1 Holdings 27 million loon flocks in tho ratio of S3 loon stock tor every five ordinary 0 C Bank Ona for two $0 75 par shoro Duto Cora Ono-for-ono $1 10 par shore F AC B Ono-for-ono $040 par shore General Corp Issue
        287 words
      • Article
        SES SHARE INFORMATION
        5601 18 1988 High Low Tel Code Company Last Sale OCT 18 crQr's Dlv Dlv C'vr Qr's rid Nat PIE Vol C000) Day High Low Laat < Buyer 11 M Cap Smll SESDAQ 187 120 170 110 130 199' 144 92 135 126 122 114 t 75 63 64
        5,601 words
    • KLSE
      • Article, Illustration
        Double-digit gains on KLSE
        3284 19 INVESTORS on the Kuala Lumpur Stock Market enjoyed a good day as renewed buying sent share prices to higher ground yesterday, leaving scattered double-digit gains in quiet trading. Dealers said blue chipe and plantation stocks which were buoyed by improved palm oil prices, spearheaded the run-up.
        3,284 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Fairfax sued for A$100m fee
        354 20 Company lodges Asl6om counter-claim AFP WEST AUSTRALIAN tycoon Alan Bond and merchant banker Laurie Connell have began court action in Sydney to recover an unpaid fee of AS 100 million from Sydney newspaper proprietor Warwick Fairfax. The sum was promised to Mr Connell last year
        AFP  -  354 words
      • Article
        Lock icon Bidding for Air NZ to be reopened
        230 20 UPI THE NEW Zealand government is to reopen bidding for the national airline and may sell the entire company, though 65 per cent must remain in New Zealand hands, Prime Minister David Lange has said. Mr Lange told Parliament fresh bids were wanted
        UPI  -  230 words
      • Article
        Lock icon Humes sells Aussie, US roof tile units
        147 20 Reuter PIONEER CONCRETE Services Ltd is expanding its building products operations with the purchase of Humes Ltd's roofing tile divisions in Australia and the US. In addition, Pioneer has agreed to buy Globe Roof Tile Machines Pty Ltd, which manufactures concrete roof tile
        Reuter  -  147 words
      • Article
        Lock icon Kodak plans manufacturing plant in Japan
        385 20 AP EASTMAN KODAK Co has announced plans to open its first manufacturing plant in Japan, a move that could be viewed as a message to rival Fuji Photo Film Co Ltd. Kodak expects to open its finishing and packaging facility for certain graphic arts
        AP  -  385 words
      • Article
        Lock icon Brisk domestic sales for Toyota, Nissan
        293 20 UPI JAPAN'S top two car makers. Toyota and Nissan, have said their domestic car sales remained brisk in September but their exports were sluggish due mainly to the strong yen. Toyota said its car sales at home rose 12.8 per cent over a year
        UPI  -  293 words
      • Article, Illustration
        Lock icon Shares edge lower
        540 20 Tokyo Reuter TOKYO SHARE pricss closed lower yesterday, but slightly above their lows, in dull trade with no fsctors to pull them up from the minus sids. brokers said. "There is really no incentive for inveators to come in. The emperor factor and capital gains talk in
        Reuter  -  540 words
      • Article, Illustration
        Lock icon Stocks end firmer
        550 20 Australia Reuter THE AUSTRALIAN share market cloeed firmer yesterday but off the day's highs as profit-takers moved in, brokers said. One broker said local buying waa not strong enough to sustain the early gains, and late selling saw leading stocks come off across the board, particularly reeource
        Reuter  -  550 words
      • Article, Illustration
        Share prices finish slightly lower
        1315 20 Hongkong HONGKONG SHARE prices closed slightly lower yesterday, with most investors cautious ahead of today's local market holiday end ahead of the first anniversary of last October's global stocks crash, brokers said. The Hang Seng Index ended 3.15 points lower at 2,590.41. The broaderbaaed Hongkong
        1,315 words
      • Article
        Lock icon Taipei: Fall continues
        348 20 Reuter TAIWAN share prices continued to plunge yesterday. pushing the index to close below the 6,000point mark lor the first time since July. The weighted index fell 140.24 points, or 2.2 per cent, to end at 5,978.08 from Monday's 6,118.32 close. Turnover was NTSI.46 billion against Monday's
        Reuter  -  348 words
      • Article
        Lock icon Bangkok: Index down
        164 20 Reuter THE SECURITIES Exchange of Thailand Index dropped 1.13 points to 440.75 yesterday on a turnover of 5,531,567 shares worth 395.21 million baht. Reuter OCT It BAHT Ao Kham Thai 400 -16 Ayudhya Invaatmant 434 -4 Bangkok Aground 108 -1 Bangkok Bank. 296 unch Bank 0» Ayudhya
        Reuter  -  164 words
      • Article
        Lock icon Seoul: Rally still on
        127 20 Reuter SEOUL SHARE prices yesterday surged for the fifth day in a row after active trading with construction stocks leading the gains, brokers said. The composite stock index rose 8.26 points to close at 717.17 on turnover of 230.9 billion won against 215.1 billion on Monday.
        Reuter  -  127 words
      • Article
        Lock icon Bombay: Sharp rally
        117 20 Reuter BOMBAY SHARE pricee yesterday rallied sharply on freeh institutional and investor demand in moderate trading for the new account brokers said. They said the market opened subdued affected by stiff contango (carryforward) chargee fixed for the business done in the two weeks ended Friday last Tata
        Reuter  -  117 words
      • Article
        Lock icon New Zealand: High point
        160 20 Reuter THE NEW ZEALAND share market yeaterday cloeed at its highest point since Sep 16 sfter displaying a firmer tone in a moderately active session, brokers said. The Barclays Index rose 12.72 points to 2.004.91. Brokers mostly attributed the market's strength to gains on Wall Street
        Reuter  -  160 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Investors sit on sidelines
        758 21 New York Reuter US STOCK prices climbed in lacklustre trading on Monday as many investors sat out the session to await more news On the economy. Traders said the approach of the anniversary of the Oct 19 Stock market crash provided another unsettling factor. A drop
        Reuter  -  758 words
      • Article, Illustration
        Lock icon Equities open with firmer bias
        926 21 London Reuter LONDON SHARE prices opened mixed "yesterday but with a slightly firmer bias after early modest profit-taking on Monday's gains died away. Dealers said renewed buying in some of the speculative stocks took hold in the wake of an US$ll.5 billion bfd by Philip
        Reuter  -  926 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1794 21 Reuter ZURICH: Swiss shares closed steady in moderate trading yesterday as Monday night's firmer Wall Street cloee and the stable dollar supported sentiment. But a day ahead of the stock market crash's anniversary. many investors stayed on the sidelines, dealers said. The all-share index cloeed 0.8 point
        Reuter  -  1,794 words
      • Article
        Lock icon Philip Morris makes US$11b bid for Kraft
        813 21 Cash offer second biggest in US history Agencies. PHILIP MORRIS Companies Inc has Isunchad an US$ll billion cash tender offer for Kraft Inc, making it the second biggest corporate acquisition in US history. The only larger deal was the US$l3.4 billion purchase of
        Agencies.  -  813 words
      • Article
        Lock icon Unilever looks to Quest for faster growth
        564 21 Reuter ANGLO-OUTCH Unilever PLC-NV is looking to its little-known unit Quest International to establish the foods and detergents group as a key player in the promising area of specialty chemicals. Quest, with 1987 operating profit of US$7O million on sales of US$635 million,
        Reuter  -  564 words
      • Article, Illustration
        Lock icon Saunders fails to halt Guinness lawsuit
        94 21 Reuter THE FORMER Guinness PLC chairman and chief executive Er- nest Saunders has failed in his attempt to block Guinness from suing him for payment to a former director. The Appeal Court in London < dismissed an appeal by Mr Saunders to freeze until
        Reuter  -  94 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      43 17 I a N A S 111 S I M Viewing strictty by appointment only Cheong Hock Chye Baillieu 14 Rjffk* Qu*y. IMI Hoof Laonf lnUn|, S.nppoi« 0104 Td: *****33 MANSFIELD 15 Hoc Chiang Road f 11-01/02 San ford Building, Singapore 0208 Tel: *****63/*****08
      43 words
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      Page 17 Advertisements Column 2
      272 17 Financial Newsmakers It The Recycling of Japanese Funds: Strategic Implications on Banks in Asia and Asian Economies w SEMINAR 31 ST OCTOBER 1988, BAM TO SPM STH GENERAL MEETING IST NOVEMBER 1988, 9AM TO 2PM VENUE RAFFLES CITY CONVENTION CENTRE The recent deregulation of the Japanese financial market and the
      272 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      431 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF KSK FASHION At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. *12-01 12-11 Golden Mile Tower. Singapore 0719 on Tuesday 18th October
      431 words
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      Page 20 Advertisements Column 2
      53 20 Get your FREE copy of CURRENCY CONFIDENTIAL the weekly news report on future currency movements. Each week there is a thorough survey of all the major currencies: explicit foreign exchange rale and interest rate forecasts, and reliable investment advice. ORDER NOW FROM: Eurostudy Room N, Ludgate House, 107 Fleet Street,
      53 words
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      Page 20 Advertisements Column 3
      6 20 Managers must manage, BT, every Monday
      6 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      282 21 UNIPHONE TELECOMMUNICATIONS BERHAD NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Uniphone Telecommunications Berhad will be held at the Company's Registered Office, 10, Jalan Tandang, ***** Petal ing Jaya, Selangor Darul Ehsan on Thursday, 10th November, 1968 at 3.00 pm for the purpose
      282 words
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  • LATE FILE
    • Article
      Lock icon French economist wins Nobel prize
      49 22 AFP THE NOBEL Economics Prize was yesterday awarded to Maurice Allais, 77, of France. He was awarded the prize for his "pioneering contributions to the theory of markets and the most efficient utilisation of resources", the Royal Swedish Academy of Sciences judges said. AFP
      AFP  -  49 words
    • Article
      Lock icon Five-day week for Tokyo market
      36 22 Reuter THE TOKYO Stock Exchange has decided to introduce a five-day trading week in February 1969. The TSE is currently closed on the second and third Saturdays of each month. Reuter
      Reuter  -  36 words
    • Article
      Lock icon 'Dollar exchange rate satisfactory'
      35 22 AFP JACQUES de Larosiere, governor of France's central bank, said in Tokyo yesterday that a further depreciation of the US dollar was unnecessary because the current greenback exchange rate was "satisfactory".
      AFP  -  35 words
    • Article
      Lock icon Sino-US trade ties 'unsatisfactory'
      52 22 UPI CHINESE Vice-Foreign Minister Zhu Qizhen yesterday charged that US-China economic ties were being hampered by trade protectionism and a discriminatory technology transfer policy in the US. He told the US Chief Executives organisation in Beijing that economic relations had developed steadily but remained "far from
      UPI  -  52 words
    • Article
      Lock icon S-E Asian tour to boost trade
      54 22 AFP AUSTRALIAN Foreign Minister Gareth Evane leevee Canberra tomorrow for a two-week tour of South-Eaat Aaia aimed at booating trade proepecte. He will epend three days in Indoneeia after a one-day visit to Malaysia and will aleo vieit Singapore, Thailand and Papua New Guinee
      AFP  -  54 words
    • Article
      Lock icon Call for formal invitation to talks
      50 22 UPI FORMER Malaysian premier Tun Hueeein Onn aaid yeeterday that New Umno's invitation to former Deputy Prime Minister Muee Hitam and member of Parliament Tengku Razaleigh Hamzah for talka on Malay unity ahould be mede according to proper proceduree through en official letter. UPI
      UPI  -  50 words
  • Article
    Lock icon Comex gold and silver
    85 22 Reuter COMEX GOLD futures were •lightly lower yesterday on early selling in anticipation that NYMEX crude oil futures will reflect easiness of overnight oil markets. Gold for delivery in December was off US$O.7O at U*****.80 an ounce with sellers backing away at U*****.30. Comex silver futures
    Reuter  -  85 words
  • Article
    Visitors spent over $2.7b here last year
    527 22  -  Japanese and Indians were biggest spenders By TONG SUIT CHEE VISITORS spent more than $2.76 billion in Singapore last year, a 14-per-cent jump over 1986. The bulk of this money went into Singapore's stores. The just-released Survey of Overseas Visitors to Singapore 1967
    527 words
  • Article
    'Malays already taking part in mainstream of national life'
    341 22 MALAY MPs yeeterday aaid that the Republic'a Maleya are already taking part in the mainstream of national life, but are not aa active as Malay MPs think they should be. Environment Minieter Dr Ahmad Mattar, on behalf of the government's Malay
    341 words
  • Article
    French embassy staff on 'strike'
    114 22 A WORLDWIDE strike by French diplomatic staff to protest against a government plan to cut their overseas living allowances hit the mission in Singapore yesterday but without affecting services to the public, an embassy spokesman said. He said that most of the French staff in
    114 words
  • Article
    Lock icon Roh calls for peace talks to reunite two Koreas
    310 22 AFP SOUTH KOREAN President Roh Tae-Woo yesterday proposed a peace conference of the superpowers and regional states to discuss reconciliation on the Korean Peninsula. In the first address to the UN General Assembly by a South Korean President, Mr Roh also
    AFP  -  310 words
  • Article
    Lock icon Hanoi rejects proposed UN resolution on Cambodia
    256 22 AFP, UPI VIETNAM yesterday rejected Asean's proposed resolution on Cambodia, which is due to be put before the UN. "It is clear that Vietnam cannot accept the proposed Asean resolution," the Foreign Ministry said, because it continued to reflect a "confrontational" view of
    AFP,; UPI  -  256 words
  • Article
    Lock icon Sudharmono may quit as Golkar chairman
    206 22 Reuter INDONESIAN Vlce-Preel-dent Sudharmono hinted yeeterday that he would quit aa chairman of the ruling party, clearing the way for a ■ucceeeor acceptable to both the military and an emerging civilian constituency Mr Sudharmono aaid that holding both the vice-preaidency and the party chairmanship
    Reuter  -  206 words
  • Article
    Gul completes PCB plant buyout from Data General
    218 22 GUL TECHNOLOGIES Singapore has completed the management buyout of the Singapore printed circuit board (PCB) fabrication plant from Data General Hongkong Ltd for approximately $26 million. The tale was financed through a combination of seller notes ($7.4 million), mortgage loan ($7.1 million)
    218 words
  • Article
    Asean ministers sign automotive project agreement
    446 22  -  By CHUANG PECK MING ASEAN economic ministers, wrapping up their annual meeting a day ahead of schedule, yesterday signed a memorandum of understanding for a cooperative project in the automotive industry. The signing of the document for the so-called brand-to-brand complementation project was made
    446 words
  • Page 22 Advertisements
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      8 22 US reviewing policy towards N Korsa. PAOE 4
      8 words
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      Page 22 Advertisements Column 2
      221 22 It takes 1 step to put it on. But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are impeccably crafted from precious metal components. As they are also manufactured to high-tech precision, they
      221 words
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  • SHIPPING TIMES
    • Article
      Lock icon Mitsui line plans to merge two subsidiaries
      94 23 Reuter MITSUI OSK Lines Ltd said it plans to reorganise two of its majority-owned subsidiaries into a single company to streamline management. A company statement said Mitsui Line Kogyo Kaisha Ltd and Showa Kogyo KK, both of which sell fuel and material for
      Reuter  -  94 words
    • Article
      Vietnamese trade growth attracts shipping lines
      299 23  -  CGM will begin feeder service in January By JUNE LIM VIETNAM'S increasing trade relations with the non-Communist bloc have attracted the attention of shipping lines. French state-owned carrier, Compagnie Generate Maritime, announced recently that it has tied up with Vietnam Chartering and Sea Transport
      299 words
    • Article
      Lock icon PAT will close Chao Phya River to unload three cranes
      301 23 Bangkok Post THE PORT Authority of Thailand will close the Chao Phya River in front of its east quay for three hours a day from Oct 2831 so that it can unload its three gantry cranes from Yugoslavia. The closure
      Bangkok Post  -  301 words
    • PORTSIDES
      • Article
        Lock icon Panamanian ship grounded
        60 23 Reuter THE 10,202 dwt Panamanian ship Elefthorios S, which ran aground outside Bombay harbour on Sap 29. is still grounded and no attempt to refloat it can be made until the next spring tide on Oct 26-27, Lloyds Shipping Intelligence said, quoting an attending surveyor. The vessel
        Reuter  -  60 words
      • Article
        Lock icon Mare Ionion at Port Said for repairs
        68 23 Reuter THE 5,565 dwt Panamanian chemical tanker Mare lonion, formerly the Forever Crane, has berthed at Port Said for repairs after grounding near the harbour's inner eastern breakwater. Lloyd's Shipping Intelligence said. The vessel grounded its stern on a rocky seabed, bending its
        Reuter  -  68 words
      • Article
        Lock icon Idle tonnage drops
        90 23 AFP THE WORLD volume of idle tanker and combination carriers fell to 7.57 million deadweight tonnes (dwt) in September from 8.99 million dwt a month earlier, London brokers E A Gibson said. The number of idle vessels totalled 50. including 21 of more than 200,000 dwt (totalling
        AFP  -  90 words
      • Article
        Lock icon Piper's accommodation unit raised
        111 23 Reuter CREW QUARTERS believed to hold the bodies of many of the 112 men still missing after the Piper Alpha oil platform disaster were raised from the North Sea, owners Occidental Petroleum Corp OXY said. The accommodation unit of the Piper Alpha platform, weighing 1,100 tonnes,
        Reuter  -  111 words
    • Article
      Lock icon Anera's future in doubt
      811 24 Creating a superconference to supersede Anera? Seatrade Week THE FUTURE of the ASIA North American Eastbound Rate Agreement seems in doubt, regardless of the recent owners' meetings held in Geneva. Out of the meeting came the newly-formed plan for more flexible service contracts. According to a
      Seatrade Week  -  811 words
    • Article
      Lock icon Crackdown against illicit Hongkong freight forwarders issuing b/ls
      386 24 CargoNews Asia LAST MONTH a crackdown was launched against freight forwarders in Hongkong who were not qualified to issue Fiata bills of lading. The organisation wielding the whip is AHAFA (the Association of Hongkong Air Freight Agents). By taking out a series
      CargoNews Asia  -  386 words
    • Article
      INDEX TO ADVERTISERS
      1107 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Adrich Shpg VII 1 Ahrenkiel liner X 4 Alltrons VII 3 AC Toepfer XI 5 Am# r icon Tpt X 4/5 Anro Service IV 2/3 Arrow lin*s IX s Anon Oceon XI 4 Assoc Corriog*
      1,107 words
    • Article
      TWRA moves rate making group to San Francisco
      114 24 TRANSPACIFIC Westbound Rate Agreement has streamlined its rate making process by moving Atlantic and Gulf voting group activities from New York to San Francisco. The decision to consolidate the rate making groups is intended to achieve new economies of scale made possible
      114 words
    • Article
      Lock icon Greek owners concerned over delays in Thailand
      255 25 Lloyd's List GREEK shipowners are increasingly worried about delays in ships chartered by the Indian government which are awaiting cargoes in Thailand ports. Some 10 vessels were waiting to load cargoes of rice because, it is claimed local agents of the Indian government
      Lloyd's List  -  255 words
    • Article
      Lock icon Ship unloads cargo after catching fire
      95 25 Reuter THE 26,800 dwt Greek carrier Frinton is unloading part of its cargo of cotton and steel pipes after fire broke out as the vessel crossed the Indian Ocean, Lloyd's Shipping Intelligence said. The ship is discharging its Singapore cargo and is expected to
      Reuter  -  95 words
    • Article
      River Torrens lifts millionth tonne of clinker at Adelaide
      166 25  -  By KINGSLEY WOOD ANL's self-unloading River Torrens passed a shipping milestone in September by lifting the millionth tonne of Adelaide Brighton Cement clinker from the Birkenhead wharf at Port Adelaide. Since the maiden voyage in June, 1985, River Torrens has made
      166 words
    • Article
      Lock icon WEEKLY FREIGHTS
      784 25 AFP THE RECENT firming in rates seen on the dry cargo market continued over the past week, and the Biffex (Baltic International Freight Futures Exchange) index gained 30 points at 1,321. Market sources attributed the rise to the increased volume of North American grain exports, which have led
      AFP  -  784 words
    • Article
      Lock icon Iran agrees to clear mines from waterway
      170 25 UPI IRAN has agreed to the clearing of the disputed Shatt al-Ar-ab waterway blocked by mines and sunken ships in a concession aimed at breaking deblocked peace negotiations with Iraq. "J The Iranian concession, however, stopped short of recognising Iraqi sovereignty over the
      UPI  -  170 words
    • Article
      LONDON FREIGHTS
      1289 30 DETAILS emerged on Monday for the fixing of the Oriachuna from the US Qutf to AntwerpHamburg by Archer Oaniels. with the vessel obtaining a lump sum of U*****,000, equal to about 511.96 basis 56 feet stowage, shipbrokers said. This was below levels over $12 paid last week and
      1,289 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7957 30 Ml— Tokio Eipreoe Triot Oct I*WO Arthur Meertt UMrit Lot*. Oct 20 Uae Ha. Chine oc*an. Oct 21 Ming Energy Yang Ming. Oct 23 Toyeme ScenOutcht Oct 24 Ever Qraat. Evergreen Oct 25 Anna Meerak. Meerak Lme. Oct 27 S Paniang Dfoeegotri
      7,957 words
    • Article
      SHIPS IN PORT
      1298 30 AT CONVENTIONAL WHARVES VmmI teeth Arrival Depart KEPPEL WHARVES Muio Uno K34 iilnigimfr 21 KVZMf Mowotood COT olongitdn If 10/00® Kola Mom K32 okmgwda 25 ICVM30 Kola lo»«o K3I atonguda XKVQI00 Koto KI5 otongwda 2310/0400 Km M»Mo K34W otongndo If l(VIC30 IMO CIO olongede If KVISD0 h%dondmn
      1,298 words
    • Article
      BUNKER MARKET REPORT
      645 32 THIS FORTNIGHTLY REPORT, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars, instead of single prices for more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated. The Cockett Bunker Price Index change and the individual
      645 words
    • Article
      Inmarsat finalises £130m deal to lease three satellites
      443 34 THE INTERNATIONAL Maritime Satellite Organisation has finalised a £130-million agreement to lease the first three of its second generation satellites through North Sea Marine Leasing Company. The finance lease has been guaranteed by the European Investment Bank and the Club of European
      443 words
    • Article
      Jai Singh joins as manager of navigation and applications
      147 34 JAI SINGH has joined Inmarsat as manager of navigation and applications. Formerly with the Indian Space Research Organisation in Bangalore, India. Mr Singh was the program director for Insat (Indian National Satellite System), and director of satellite communications programs. He was
      147 words
  • Page 23 Advertisements
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      653 23 h,, TIMES s^Af oSf VOH AjCCt GC.1 V STP Distributors T*n»s PuMnAmf Croup TTff f IDedicated to Qualify Se»*vice Jardines 200 CMOMMrt tad. #12-05 8o—»—«. Smgieon 020* KMI T*kN« ***** fmlwll *****00 TEBMMALOS T* *****11. *****19. *****20 FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS T« *****305 PORT KELANG Ttt 36*4111 Titer
      653 words
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      Page 23 Advertisements Column 2
      89 23 THE FUTURE of the ASIA North American Eastbound Rate Agreement $eems in doubt, regardless of the recent owners' meetings held in Geneva. P»ge II GREEK shipowners are increasingly worried about delays in ships chartered by the Indian government which are awaiting cargoes in Thailand ports. Page 111 THE INTERNATIONAL Maritime
      89 words
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      Page 23 Advertisements Column 3
      697 23 STP Distributors MAERSK LINE CONTAINERISED, COMPUTERISED AND THOROUGHLY-ORGANISED II Tim wmk CY 2CVIO 1400 MRS To Europ" UK Scandmana finland 20/10 M Mondo 27/10 a/ii 10/11 17/11 24/11 I M Mondo 0/11 13/11 20/11 VII I 20/11 11/11 4/12 ioni 11/12 Tha onk Arthur M Closing Tm CY 20/10 1400
      697 words
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      491 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT tokkd express HAMBURG EXPRESS LONDON EXPRESS LA SEINE BENALDER ROTTERDAM/ ANTWERP P KELANG SOUTHAMPTON HAMBURG BREMERHAVES ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG, MALMO, HELSINKI. OSLO, AMSTERDAM, CARIBBEAN I S. AMERICA CONV/SEMI-CONTAINER SERVICE TO MED EUROPE Agents: Singapore
      491 words
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      18 24 Lines and services represented by Members of the Registry of Accredited [?IFQg' Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 24 Advertisements Column 3
      454 24 p. x-v i it s~~ r~ AK I llk ICC Optorg Shipping Pte Ltd POLISH OCEAN LINES^ •)i *****51 EACON SERVICE (FUUT CONTAINERISED LiilH iS ■MS S« Aalw» rte Wbuf| Mjma »!C lyu IVII IWU iifl! aao 24/11 a/n a/11 «u 11/11 12/12 12/12 14/12 14/12 3/12 21/12 *12 21/12
      454 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1078 25 The Straits Steamship Group P&O Containers CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo For: taaturi to Cnnmm, Ajrfwt. fiothw l> Arfwerfl A—lwdm. o*l*. SoutfiMpton It ill UK tatintiOM. Mint *ur|. ttalmo Stockholm. Halunki. fatl*. Zurich CONTAINERSHIP SERVICE FROM UK/CONTINENT: KNALKR KURAMA MARU KNAVON OSAKA BAY KA6A LIVERPOOL BAY* TOLAGA BAY
      1,078 words
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      Page 25 Advertisements Column 2
      639 25 sr csav Corrpjnu Suti Amcricona tic Vjpores S A Cfiiioon Lmc E iMh 5538 TO/FROM CHILE FEEDER IS'PORE I MOTHER VESSEL HK YOKO ARICA IQQ ANTOFVALP SAI VESSEL CSAV 2 22/1# ARAUCO V «Si EB 1/11 Ufll 17/12 2002 22/12 XfU S/12 CSAV 3 22/10 CAR CARRIER I 2*ll 1/1
      639 words
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      Page 26 Advertisements Column 1
      525 26 o pXSINOSE 1 MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN ELHAM PJL iSS 20/10 Loading for:BANOAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL HK LOAD FOR: KYOWA HIBISCUS V.33 3/11 VILA. NMA. LTK, SUVA. PAGO. APIA KYOWA VIOLET V.22 1/12 VILA. NMA. LTK. SUVA. PAGO. APIA
      525 words
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      Page 26 Advertisements Column 2
      765 26 ]tG&LINE ffit MienM CfHtATIf FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUEZ a Member ot the Ace Comortum FROM t'JROPE VIA SUEZ A Member ot the Ace Consortium CONVENTIONAL SERVICE 10 PERSIAN R!JI F, HAN JIN nam A CONTAINER LINES, LTD. OUTBOUND SERVICE TO U.S.A. SJN T/S KMT UK MAUL 25/10
      765 words
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      Page 26 Advertisements Column 3
      301 26 VA FREIGHT LINKS EXPRESS > PTE LTD DIRECT FCL LCL SERVICE TO JAKARTA ETA 22/10 28/10 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 23/10 AUSTRALIA/ NEW ZEALAND SYDNEY, MELBOURNE 23/10 A 31/10 FREMANTLE 24/10 A 30/10 Alto accepting to Darwin AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN A NAPIER 23/10 A 1/11 EUROPE HAMBURG, ROTTERDAM, BARCELONA,
      301 words
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      Page 26 Advertisements Column 4
      765 26 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) miu am vu 7oi I*ll im «u vu w ALSO ACCEPTING CAROO TO: 1) PROVIDENCE. NEWARK, SAVANNAH BOSTON PHILADELPHIA. NORFOLK. JACKSONVILLE WILMINGTON. KmuOA. ETC D ATLANTA. CHICAGO OETMMT. COLURKUS OTHER MAJOR RRCROBRIOGE DESTINATIONS J) ML BOA. LMON. 4) MONTREAL. TORC Round-The-World
      765 words
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      Page 27 Advertisements Column 1
      849 27 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE •OVA HOT A EAQti 22/1 2t27/1 2MB s/ii 7/11 io«i ions MURORAN HITACHI CANOO VU HKQ SIN HKO KAO KM V«C HOO ICO# MM In 24/10 20/10 20/10 1/11 2/11 0/11 J™
      849 words
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      Page 27 Advertisements Column 2
      512 27 CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT W AK vim am nm.ua 2m w wu m trn MM. M urn m. n M TK um Mftl NM M ooi mi mu am mai nm ka am mi wu VU vu NM KA Hi T ASM AN JEBSEN NEW ZEALAND LINE NEW
      512 words
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      Page 27 Advertisements Column 3
      446 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYB P.T. 6ESBH LLOYD P.T. SJWBQU INDONESIA P.T. TRIKORA LLO\ EXPRESS SEMI CORTAIREBSMIP SERVICES SINGAPORE TO EUROPE VSL/VOY S. PANJANG/20WB MATARAM/22W8 ANTWERP H'MJK/ RDAM/ADAM BREMEN SA2 1/12 11/12 WU ALSO ACCENTING AL CAMO VIA T/S TO UK PORTS. HULL. Lt HAVK. OSLO.
      446 words
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      Page 27 Advertisements Column 4
      244 27 BOUSTEAO] SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S port P.K*lang P«ijm Ba PA-AN VUB* M Nrt/M Oct MERGUI VM 17/8 Od NTONEYWA V2MT 25.77 Oct pagan vum afa Oct vim on VrOMATVA VII2W *7 Mm <S& BANK UNI criai rvuiTnurit MORAYBANK VtN CLYDEBANK VMM STORE
      244 words
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      Page 28 Advertisements Column 1
      1048 28 kI KAWASAKI KISEN KAISHA, LTD. N. AMERICA-ATLANTIC COAST ORIENTAL FAIR RAINBOW MIDGE NEPTUNE GARNET OMENTAL FREEDOM VOY *INOO 11 17/10 •PK/PNG SGP •PK/PNG *I*oo N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST EUROPE (Member of ACE) EXPORT KOREAN CHANCE ACE CONCORD ORIENTAL CHIEF YAMASHIN MARU •WA FtBB LE HAVRE F'STOWt
      1,048 words
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      Page 28 Advertisements Column 2
      619 28 '/le AUSTRALIA EXPRESS CONTAINER SERVICE AcmpMbq FCL/FCL CcnMnm KALI DAS *39 TULSIDAS VJI DA *.40 TULSIDAS VJ» a Oct 12 Nat IS Ok 4 >*r By Foodw By fm«m FrtmttoftSydfl.Adol S No* S Not F rwn .IMtv Sftfn AM IDk lOk From/Mofc/Sydn/AdM aOk aOk FromflMb/SydtfAM INDIA EXPRESS CONTAINER SERVICE AcopWnn
      619 words
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      Page 28 Advertisements Column 3
      532 28 GOLDEN LINE GUAM GUAM SWFMG (PTE) LTD a, Tata* kf* SINGAPORE OW TEL SOW (M LINES) Fai BOH STRAITS/PERSIAN GULF SERVICE: GOUXN HARVEST Cata«MMnelWOM»e«/ GOLDEN WONOER Catombo 1 Karada/Oufeai CHINA SERVICE GU SHAN Humdu,'SllW«W< DAI TU* SHAN HMnfpu/Stanftoi Spofi PKalani fwn ffl Oct 2171 Oct 2/1 Nm CHINA OCEAN SHIPPING
      532 words
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      Page 28 Advertisements Column 4
      353 28 'S PHILI OnifNT LIN(S PT( LTD h{ao orrcr 63 Rot nson pcad o* 12 AFRO tZ BulOiNS S'Nuft»'OPf CT' Ulf« PS ?«r?c PHIL I EMT/m east pa a ia I ETA SINGAPORE IDESTINATION KV JEDOAM (ICI) ano. ant M/ 10 OTI rrnvrrfn £3 aw JVM CM. KM. MY. HAD. CAL
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      823 29 NEPTUNE ORIENT LINES LTD ftt EMT/EWMK HUT CWT TO EUROPE/UK (VIA SUEZ): HmS NEPTUNE AGENCIES PTE LTD. FE EU/AUST TPA/SEA General IjplrtWt T#l: 275M77 Tan** CfJ BOOKINGS: ZK» DtSHt *****22 tmra 27MM NEPLINE SON. IMD. MR iJSELtZM NEPLINE SON. BHD. KM33 ENWiRiES OI»44 NEPLINE SON. BHD. um&VTmumifiVW NEPLINE SON. BHD.
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      Page 29 Advertisements Column 2
      428 29 L CXSNAM HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE 10 P KELANG. PENANG KEELUNG. BUSAN INCHON 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE tl SERVICED Vooool'i Nam* ETD BS SPORE PKLC NKC KEE BUSAN MO JI DRAGNET/BB2N 15/10 25-28/ M 28-27/1B 2lflß 03-03/11 N-Wll 13/11 +NO
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      Page 29 Advertisements Column 3
      901 29 f SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 2208U/? Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG P. KELANG MESSRS MAI TMONC SHIPPING 127 Paaana StraaL Pananf, Malaysia M/S HANO4JNG SYSTEM CO
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      274 30 Jfcl SINGAPORE SHIPPING JBF CORPORATION (PTE.) LTD. TEL 225 6868 (30 tats) FAX *****39/22*8976 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO I DSR-LIMES l /f-B Ot UTf RACHT Sf tHF F Dt FIF ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT
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      Page 30 Advertisements Column 2
      118 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN CONTINENT VM hemes ace vm I an* a/M KAMWI Vl4 2V» 911 SOVEREIGN ACCONO VIS Ml VU J/U CONTINENT VIS *11 Wll llj 'I "Woofcly LCI MrvicM to KmMuiii, Aho ejllinc Shimini FCL any FROM JAPAN VESSEI HEMES
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  • Page 30 Miscellaneous
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      Page 31 Advertisements Column 1
      478 31 REGULAR EXPRESS FCL LCL SERVICE CONTAINERIZE ABC TO AUSTRALIA/NEW ZEALAND va. Irtmrr* 211 I 23/10 »K> «11 11/11 24/12 E Huiif 215 I 24/12 I 1/1 17/1 IX OATS TO MELBOURNE! TO USA/CANADA C. VfoOM 212 TNT Eiprm 214 L Hud 11 215 Alto KMStinc cjrio Id:USA Houtan, S*vmnj<(. Tanpa.
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      Page 31 Advertisements Column 2
      453 31 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fax: *****61 Tlx ***** CSPFRT LCL MARSEILLES/GENOA KEELUNG/MANILA mm S pore to USA (ALL PORTS) (LCL) ETD 20.10.88 S'por* to Auckland S'por* to Antwerp S'pore to Copenhagen S pore to Fremantle S'pore to Inchon/Buaan S'pore to Chittagong S'pore to China (All
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      Page 31 Advertisements Column 3
      804 31 < cfs > CRYSTAL FREIGHT SERVICES CRYSTAL" PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA ft MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT KLANG PENANG TARBELA In Port SUNDERBANS 31/10-2/11 SHAMS 1-3/11 for Kar/Cbo INDONESIA ft MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA ft
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      Page 31 Advertisements Column 4
      184 31 Tatsumi Marine DIRECT SAMJNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct can to other ports subject to inducement (also accepting transhipment cargo: OROBA Y. MADANG. KIETA, WEWAK KIMBE RABUAL via LAE) STORE: NEPTUNE AGENCIES PTE. LTD Tel: 27*977, *****4, *****71 Kf. fImCL- 1M MINE MBVKU Wl LTD. {STORE) TEL MBS
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      Page 31 Advertisements Column 5
      202 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 cn a n i ojjj) j —Jj q iJ —i gjf Algerian National Line FAR EAST I MEDITERRANEAN SERVICE S PORE LOADING FOR MV KSAR EL BOUKHARI2S/10 Algiers, oran. annaba ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      577 32 FINE-LINER SHIPPING PTE LTD /O SHenton Wiy. 04 0?C Mirini House. S pore 0?07 TFI *****7/ (8 Lines) TLX RS 77M1 FLINFR FAX EUROPE SERVICE (FCL A LCL) it'-v-v ;im'M '.'.aim MIDDLE EAST SERVICE (FCL LCL) SK»t IBQ DUI SU «N DM m UN m am mi wi ;iu ?iu
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      Page 32 Advertisements Column 2
      688 32 ZIM FULL CONTAINER SERVICE accaptinf FCL/LCL urpm to USA East t Wa*t Coast Carribtooan.East Canada. HAITI Cacti Rica. El Salvador, Honduras Vcnuucla. Peru. Ecuador. Colombia via Miami. Trinidad. Barbados Antioui St Lucia. Montsorrat. Cuayana via Kinfston CT7i»TTMT<ni i a AUSTRALIA CONTAINEII SERVICE ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE AMD ALSO
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      Page 32 Advertisements Column 3
      223 32 f Everett Lines j 1 Wn COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pananf* P. Kalane* Sinfaport MURRAYEVERETT C*l.K27/HOd THOMASEVERETT S/S Nov HUGHEVERETT 15/tf No* EVERETT ORIENT
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      459 33 JEURO AF6HAN/IRAN/IRAQ SERVICES 1.1 JJIV W TOMAN. DJULFA BAGHDAD TOMHUNW, HAIRATAN, KAMI, JEURO EASTERN RLOC SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK, HAM, RTH. L HAVRE, ANT. GENOA. ARAHUS, STOCKHOLM, HEL, CPH, GOTBG. MARSEILLES, OLSO t ALL INLAND DESTINATIONS POINTS. SEABRDIGE FAR EAST. VIETNAM CHINA SERVICES WEEKLY
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      Page 33 Advertisements Column 2
      289 33 Consolidation Service PAPUA NEW GUINEA SIN: 27/10 PT MORESBY/LAE PACIFIC ISLANDS SIN: 28/10 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLAND SIN: 29/10, 28/10 PORT LOUIS/REUNION TRANSTAINERS delmas-vieueux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight Pie Ltd Tel: *****55 tlx rs ***** JAVELIN SHIPPING
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      Page 33 Advertisements Column 3
      454 33 k 1 TEL: *****11 PAX: 73*4747 TELEX: US ***** SKHST DESTINATION ETA S PORE BANGKOK 25/10 PORT KELANG 24/10, 28/10 HONG KONG. CHINA PORTS 23/10, 28/10 KEELUNG, KAOHSIUNG 23/10, 30/10 MANILA 23/10. 31/10 BUSAN 20/10. 27/10 KOBE. TOKYO 26/10 25/10 SYDNEY, MELBOURNE. ADELAIDE, BRISBANE 20/10, 31/10 DUBAI 25/10, 3/11 ALSO
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      Page 33 Advertisements Column 4
      577 33 GLORY NAVIGATION GROOP TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SP PKL PR BLW KAOH GLORY SELATAN IX VOV 71 C/U 7/1 D GLORY SELATAN VIII V Oct 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM
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      Page 33 Advertisements Column 5
      376 33 PTC CONTAINER LINES FCL/tCI SERVICE SjN FAI EAST 21/10 KEELUNG/KAOHSIUNG 21/10 BANGKOK 21/10 MANILA 27/10 JAKARTA 22/10 PORT KELANG/PENANG 20/10 BUSAN 21/10 TOKYO/YOKO/KOBE 21/10 HONG KONG also accepting cargo to Huangpu/Sheruhen/Fuzhou/ Xiamen/ Xingang/Shanghai 21/10 RDM/HAM/ANT/LE HAVRE/GENOA 21/10 LDN/FLX/LVP/SOU 27/10 L.A./NYC/SFO 26/10 VANCOUVER/TORONTO/MONTREAL Hi vi'yj U fiTTT 21/10 SYD/MELB/ADEL/FREM 26/10 AUCKLAND/WELLINGTON
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      390 34 Hai Sun Hup Co (Pte) Ltd *****06 (20 Lines, TLX HS ***** A RS ***** I,'y \snk\( \R n\ik iin STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! SEKI TRONO ASIAN SEKI VESSEL CLIPPER AKEISHI MATSUYAMA 56 110 59 72 Sailed 20/10 20/10 21/10 Sailed 23/10 23/10 31/10 101
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      Page 34 Advertisements Column 2
      279 34 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SENS-COWTAfCF SERVICE TO m M'i.l. MLMMA'JiII. X.l'll (ASIA-SOUTH PACIFIC JOINT SERVICE) TAYBANK V4S 27/10 Port Moresby, Lm, COLUMBUS NIUGINI VIS 7/11 Kimbe Accepting via Transhipment to Wowafc, Kaviortg, Oroboy, Kieta, Honiara Port Keiang's Agent: H C Tol: *****01/4 SMN SOCIETE
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      Page 34 Advertisements Column 3
      171 34 P.T. MASKAPAI PELAYAR L PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT. PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 5? VSL VOY SIN PEN PKG SIN WASPADA 45N
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      Page 34 Advertisements Column 4
      758 34 TFO ÜBUUi CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 1 K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER L IBM M an. v I I BUT ANC «1 E5 rr-TT TT7I rrn OTHER DESTINATIONS
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