The Business Times, 29 October 1985

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, OCTOBER 1985 75 CENTS
    11 words
  • 368 1 JAPANESE CONTRACTORS working on the Mass Rapid Transit are adopting a wait-and-see attitude before deciding whether to appeal against a tax proposal which involves the MRTC withholding part of their progress payments. A number of unhappy Japanese contractors met officials from the Inland
    368 words
  • 687 1  -  Some wring their hands, some lament lack of cooperation By DAVID GABRIEL MONEY BROKERS in Singapore are complaining that they are being put under unfair pressure from banks which hold them too strictly to dealing prices in existing volatile markets. The problem comes at
    687 words
  • 153 1 AFP A PHILIPPINE government spokesman yesterday denied a Washington Post report that President Ferdinand Marcos was seriously ill and could die before the end of his term in 1987. "I think that's a little bit silly," Deputy Minister of Information Amante Bigornia said. "I
    AFP  -  153 words
  • 178 1 mm ioimssi SHRUGGING OFF what many dealers aad aaalysto felt was a mildly halllsh ltM Malaysian Budget, investors aad speculators yesterday drsve the tocal stockmarket sharply tower. Specalatlve Malaysian tones toak mast sf the beatiag, while same iverkMght blue-chip tosses experienced profit-taking The Straits Times Industrial
    178 words
  • 79 1 Reuter US DEFENCE SECRETARY Caspar Weinberger will press Nato defence ministers today to endorse American charges that the Soviet Union is violating on arms control agreements. According to Nato sources yesterday, Mr Weinberger will highlight allegations of wide- spread Soviet violations when he opens a two-day
    Reuter  -  79 words
  • 470 1  -  BOEY KIT YIN PHILIPS SINGAPORE is spending $84 million to link all the different stages of manufacturing in its four factories by computer. Integrating manufacturing processes from design, engineering and development to production, material and inventory handling and management control is expected to reduce production
    470 words
  • 496 1 Reuter THE TOKYO cash yen bond market closed sharply lower yesterday with operators disappointed by the lack of any trading in the current December position on the futures market until it hit the new three points limit down. The Tokyo Stock Exchange
    Reuter  -  496 words
  • 114 1 Reuter THE BANGLADESH government is to float 49 per cent of the shares of the three stateowned commercial banks on the stock market as part of its disinvestment policy. Finance adviser Mohammad Syeduzzaman said that 25 per cent of the shares of one of the banks would
    Reuter  -  114 words
  • Page 1 Advertisements
    • 45 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM We have the Model to suit your office furniture V 1 PTE. LTD Head Office: 1 Toa Rayoh Industrial ftirk *01-1387 Singapore 1231. Tel: *****42 (4 lines) Showroom: 1 Maritime Square *02-68/9, World Trade Centre Singapore 0409. Tel: *****46/7
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    • 302 1 Tall order for Jakarta IN THE FACE of falling oil and gas revenues, the Indonesian government is striving for a healthier investment climate and working to harness the full potential of the private sector. Turn to Page 8 for BRIAN GOMEZ's concluding analysis on the Indonesian economy. mm SHARE INFORMATION
      302 words
    • 121 1 [`*}*{:\/}):)/`^}&_}$"&{*+\'+>` a Lll imams'* j**- SCHIPHOL WIN -ON -THE-WAY Between October 27, 1985 and March 22, 1986, all KLM passengers flying Royal or Business Class on an intercontinental trip with a same-day transfer at Amsterdam will win a prize. Every time! AVALANCHE OF PRIZES The Holland Promotion Foundation offers: 5
      121 words
    • 7 1 Nikon J THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM
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  • HOME NEWS
    • 289 2  -  Steering committee established By MONICA GWEE A STEERING COMMITTEE has been set up to help selected companies become models for others to follow. Five Japanese-Singapore joint venture companies, including a hotel, are now in the scheme and other medium and large concerns will be chosen as
      289 words
    • 379 2  -  By LUCY NG SINGAPORE'S track record in ratifying International Labour Organisation (ILO) conventions is "not bad at all" compared with other member states in the Asian Pacific region. Mr K A Menon, ILO's regional adviser for employers' organisations, yesterday also denied rumours that Singapore was
      379 words
    • 347 2 SINGAPORE and Japan yesterday signed the go-ahead for the third phase of a $40-million Japanese grant aid to help the Republic in its productivity drive. The third exchange of notes was for 1.3 billion yen ($l3 million) and fulfils 33 per cent of Japan's five-year commitment
      347 words
    • 226 2 THE CHALLENGES facing Singapore's transport systems will be highlighted in a major conference on the industry next month. Starting on Nov 21, the two-day event, named "Transport New Challenges", is the first major conference to be organised by the local section of the UK-based
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    • 156 2 SWEDEN'S trade ties with Singapore could get a boost from the opening up of the China market, with third-country trade and barter deals coming to the fore. This was pointed out by Mr Lim Kee Meng yesterday during a seminar on Sweden's role
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    • 359 2 TRAVEL AGENTS who offer "affordable" cruises are busy trying to catch the December crowd. "December is the best month because of the school holidays," said Mr Roger Yeo, the general manager of Harpers Travel. The company is the general sales agent for China
      359 words
    • 168 2 MANAGING CREDIT in a changing environment will be discussed at a one-day seminar tomorrow. Organised by the Singapore Credit Club, the seminar will be held at the Hotel New Otani, from 8.30 am to 5.30 pm. Five speakers will present papers on various aspects of credit
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    • 99 2 AN MBA Alumni has been formed for graduates of the National University of Singapore's Master of Business Administration programme. The Alumni, open only to holders of the NUS MBA degree, aims to promote management education and practice, as well as foster ties with the university's
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    • 157 2 FIFTEEN women who want to become ambassadors for Singapore have been selected for the Miss Tourism-Singapore '85 pageant, an event which will help the Singapore Tourist Promotion Board (STPB) pick Singapore's tourism envoy. The finalists were chosen from 30 contestants aged between 18
      157 words
    • 529 3  -  By SHAHRIR ARIFF THE FIRST evening clinic will open at Tan Tock Seng Hospital on Friday and more will be set up in other government hospitals in a move to divert nonemergency cases from Accident and Emergency (A&E) units. A major publicity
      529 words
    • 158 3 MORE SINGAPOREANS are suffering from creaks, stiffness, swelling and other diseases of bone and muscle joints than before. There are more than 100 forms of arthritis and they land about 2,000 people in Singapore hospitals each year. The Association of Private Medical Practitioners of
      158 words
    • 310 3 THE TRADE Development Board (TDB) has lined up a promotion campaign in Australia for Singapore electronics companies for the next two years. This move followed the success of Singapore's maiden participation at the International Electronics Convention and Exhibition (IREECON) *85, in Melbourne from Sep
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    • 95 3 A TWO-AND-A-HALF day seminar on "Plastics Design and Process Controls for Quality Improvement in Injection Moulding" will begin tomorrow. The seminar is being organised by the Singapore Institute of Standards and Industrial Research's Materials Technology and Application Centre. Topics to be covered include part design considerations for
      95 words
    • 315 3  -  By CHUANG PECK MING SINGATRONICS (S) Pte Ltd expects to sell more than $20 million worth of a new blood glucose analyser which it developed with a $206,000 grant under the Product Development Assistance Scheme. The PDAS was introduced in 1978 to encourage
      315 words
    • 149 3 MR JB JEYARETNAM wants to know if Singapore has any trade with South Africa. When Parliament sits on Thursday, the MP for Anson will also ask the government to disclose the countries that import arms from Singapore. Other answers Mr Jeyaretnam wants from the government are:
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    • 399 3  -  By LOH HUI YIN PARTNERS OF THE Singapore Refining Company are conducting a high-level study to revamp operations at their refinery while they prepare for next year's start-up of a new $180million product upgrading plant. The study, initiated two months ago, is aimed at
      399 words
    • 291 3 MORE GOVERNMENT bill collection centres will be closed in the next 20 months after an intensive Giro advertising campaign which starts today. The campaign, sponsored by the Association of Banks, the government and several statutory boards, is part of the government's measures to promote cashless
      291 words
    • 262 3 JOSEPH KROGER has been elected the president and chief operating officer of Sperry Corporation. Mr Kroger was previously the executive vice-president of the corporation and president of Sperry's information group. He will now be responsible for directing the worldwide operations of the company. YIM CHOONG CHOW has
      262 words
  • Page 2 Advertisements

  • Page 3 Advertisements
    • 53 3 BALLY of Switzerland meets the challenge of today Mbit! A member of the MBM Group The Best of BALLY Is To Be Found At MELWANI baudques hornmes e #02-74/75, Shaw Centre Tel: *****42 #02-23, Plaza Singapura Tel: *****29 #07-26/27, Specialists' Centre Tel: *****54 #03-06/07 Scotts Shopping Centre Tel: *****60 Also
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    • 9 3 WORLDWIDE COURIER Changing the way the world does business.
      9 words
    • 78 3 CHANGE OF ADDRESS TELEPHONE NUMBERS Ilv WE HAVE MOVED! to WISMAGENTING JALAN SULTAN ISMAIL ***** KUALA LUMPUR This will take effect from 28th October, 1985;GENTENG BERHAD CORPORATE OFFICE SALES OFFICES Genting Resoit Hotels/ Convention Facilities Sales Rental Programmes Awana Condominiums Awana Golf Country Club Ria Apartments Ka\angan .apartments Airline Ticketing
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  • OVERSEAS
    • 372 4 British Defence Secretary meets Weinberger Reuter PRIME MINISTER Margaret Thatcher is seeking a US$l.5 billion stake in President Reagan's Strategic Defence Initiative (SDI) as Britain's price for taking part. According to government sources, British Defence Secretary Michael Heseltine would formally ask his US
      Reuter  -  372 words
    • 156 4 UPI A ROYAL BALL featuring Prince Charles and Princess Diana is clearly not for all even in posh Palm Beach. Millionaires are turning up their noses at the Nov 12 extravaganza's price of admission US$lO,OOO for a pair of tickets and $50,000 for the good
      UPI  -  156 words
    • 449 4 AP THE BRITISH are sceptical about the peaceful intentions of both superpowers and think life has gotten worse since Prime Minister Margaret Thatcher came to power in 1979. According to a nationwide poll, a majority of Britons surveyed admitted they worked less hard than
      AP  -  449 words
    • 333 4 AFP Reuter INTERNATIONAL AIRLINE finances are taking off after five years of losses to 1963, but the number of deaths in airline incidents has also risen. The International Air Transport Association said yesterday that this year had been a bad period
      AFP; Reuter  -  333 words
    • 75 4 Reuter AN ELECTRONIC scarecrow has been removed from Brisbane's City Hall because it frightened people as well as pigeons. The device was the latest to be tried against pigeons after plastic snakes, contraceptive bird seed and a chemical irritant called hot foot all failed to cut cleaning
      Reuter  -  75 words
    • 428 4 AP THE SO VICT UNION'S desire to shift the balance of its economy away from the arms industry could produce a weapons limitation agreement at the upcoming Geneva summit, predicts the US Ambassador to the United Nations. "A very large part of the high-level technology
      AP  -  428 words
    • 193 4 Reuter PRESIDENT REAGAN has ordered a new American arms control offer to be drawn up in an effort to counter Soviet public relations moves leading up to the Geneva summit. Newsweek magazine said yesterday that the president had a meeting with the national security planning
      Reuter  -  193 words
    • 197 4 AP THE US ARMY has begun research to determine if modern technology can help overcome the difficulty soldiers find in shooting straight when under enemy fire. Looking ahead to the 199 PS, the army is asking manufacturers to help develop a rifle that
      AP  -  197 words
    • 359 4 AP PRESIDENT Ronald Reagan's suggestion that there be no limit on how often a president can be re-elected has found little support in Congress. Not even a Republican has introduced legislation that would allow a president to serve more than the two four-year terms
      AP  -  359 words
    • 236 4 Reuter AN OMANI government minister urged Gulf Arab states to renew their efforts to end the Iranian-Iraqi War, saying that the Gulf had become the most dangerous region in the world. Opening a conference in Muscat of Gulf foreign ministers, Minister of
      Reuter  -  236 words
    • 255 5 AP A FORMER TRANSPORT Ministry official will replace Japan Airlines president Yasumoto Takagi, according to a ministry official. Mr Takagi will resign to take responsibility for the Aug 12 JAL crash which killed 520 people. Susumu Yamaji, 60, a former councillor of the Transport Ministry's
      AP  -  255 words
    • 253 5 AP ALMOST HALF OF Tokyo's working women in their twenties are interested in having a miai, or arranged marriage, according to a survey. In response to a question about participating in a miai, 37.8 per cent said they were
      AP  -  253 words
    • 858 5 ARRIVALS Operator Service number Local time From sv PAA SV379 PA21 0115 0020 SEL LAX/TYO/HKG CAL CAL MAS MAS MAS MAS MAS SIA RBA CPA GIA SIA SIA THAI SIA MAS SIA GIA MAS SIA GIA CI34I CI337 MH601 MH68I MH603 MH811 MH671 SQ103 BI42I CX710 GA960
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    • 162 5 AFP FILIPINO BUSINESSMEN blame "technocrats" led by Premier Cesar Virata for the country's economic crisis and accuse them of following the dictates of foreign creditors. The pro-government Metro Manila Times said yesterday that "businessmen from various industry sectors are one in agreement that
      AFP  -  162 words
    • 348 5 Cadres barred from business dealings AP NEARLY 9,000 profit-making businesses formed by the Chinese Communist Party or government departments have been shut down following a nationwide investigation. The official China Daily said yesterday that more than 90 per cent of the 67,041 party and government
      AP  -  348 words
    • 183 5 AP SOME CHINESE EXPORTERS are banking foreign exchange earnings abroad, according to the director of China's State Administration of Exchange Control. Tang Gengyao, who directs China's handling of foreign exchange, cited the overseas bank accounts as one of several problems under the country's opendoor
      AP  -  183 words
  • Page 4 Advertisements
    • 113 4 ce A Suzuki vehicle is the most sensible choice in Singapore's conditions of high motoring cost. Economical, spacious and smart-looking. Visit any of our three showrooms now and make a sensible choice. V Panel Van 4x4 Rugged. 4-wheel-drive vehicle. Will take you anywhere f O% Mm mm *-tx Panel Van
      113 words
    • 95 4 LEARN: SELF-HELP ACUPRESSURE FOR HEALTH li# > ACUPRESSURE COURSE SPECIALLY PREPARED BY T.T.ANG Every Wednesday Friday 6.30 p.m. to 8.00 p.m. Commencing on 6/11/85 Qi-Gong For Health Every Monday 7.00 p.m. to 8 00 p.m. For more details contact: Traditional Chinese Acupuncture Centre #05-17,18 4 19 Far East Shopping Centre
      95 words
  • Page 4 Miscellaneous
    • 54 4 THAT* IT, LAUGH IT UP M/rm your, urns fmbnps! PONT THINK YOU'RE MESS' IN6 WITH MY MINI?, SWEET PEA. 'CAUSE KX/A/NTf BY GARRY TRUDEAU I A/NT GOT "HHE FOR A BUNCH OF STUFFED POLOSHKIS, BABY! lONUYOOME OVER HERETO ZOMBIE CENTRAL BECAUSE I GOT TO BAT, UNDERSTAND? to; ii m TIJ
      54 words

  • Page 5 Advertisements
    • 8 5 .V, *m RinAirfs New Clipper Class DtailylbLos Angeles.
      8 words
    • 98 5 Introducing the Regency Terrace. The new sun-spangled wing of Hyatt Regency Singapore is a resort in the heart of the city, complete with an incredible four-storey 1 waterfall, a landscaped pool area, lush tropical greenery a fitness centre, squash and tennis courts. A bright and breezy welcome awaits every guest
      98 words

  • MONEY AND EXCHANGES
    • 454 6 Reuter ALL EUROPEAN central banks have intervened in currency markets to support the aims of the group of five (G-5) finance ministers agreed on Sep 22. Bundesbank directorate member Claus Koehler said that a common European strategy had been followed vis a vis the
      Reuter  -  454 words
    • 256 6 HONGKONG: GOLD yesterday closed little changed in quiet trading, unable to take advantage of a weaker US dollar. Dealers said light physical demand and some short-covering was offset by European selling. Bullion closed at U*****.50/90 per ounce compared with its 326.75/327.15 finish here on Saturday. On the local market,
      256 words
    • 262 6 Interbank rates at 3pm yesterday: Currency* Nominal rataa Smithsonian Bid Otter croaa parity change Local dollars to one unit of foreign currency: US dollar 2 >395 2 1405 2 8196 -24 12 Sterling pound 3 0498 3 0534 7 3469 -58 49 Austrobon dolor 1 4965 1 4994
      262 words
    • 78 6 THE OVERNIGHT rate on the Singapore interbank money market rose by Vfc point from Friday to close at 3 3 per cent yesterday. The one- and two- and three-month term rates rose by 1/16 point across-the-board while the mode remained unchanged. S$ Interbank rates at 3pm yesterday: otter
      78 words
    • 965 6 SINGAPORE THE US dollar yesterday closed lower against most major currencies in moderately active trading. It closed easier at 213.55/65 yen compared with New York's Friday 214.40/55 close, after trading between a high of 214.05 and a low of 212.95. It closed weaker at 2.6430/40 marks compared with
      965 words
    • Article, Illustration
      390 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Short-dates weakened between 1/16 to "4 point at the outset and remained unchanged thereafter and overnight closed at 8-1/16 7-15/16 and week fixed at 8 1 eight. Fixed dates were little changed at earlier levels
      390 words
    • 372 6 BA Futures ENCOURAGED by easier Feb funds and firmer Japanese monetary policy, Eurodollar futures yesterday opened higher than Friday's close in Simex. After the opening at 91.80, the December contract traded within a tight range of 91.79 and 91.82. Further gains were limited by the interexchange gap between IMM's
      BA Futures  -  372 words
  • Page 6 Advertisements
    • 256 6 Real Estate in the U.SA. can open U 1 V. ',ii 1. V <r -r-. y,; .s" j: r ju w i i v^-vy into a maze. •■'Ht' :-jor w\ •>. As one of the most politically stable countries in the world, with a strong tradition of private ownership of
      256 words

  • BANKING AND FINANCE
    • 472 7 Reuter US CREDIT MARKETS are likely to come under increased pressure this week as political developments at home and abroad combine to thrust a heavy volume of new securities at a shrinking pool of investors, say analysts. "Market yields are likely to be forced
      Reuter  -  472 words
    • 156 7 Reuter THE BANK OF JAPAN yesterday sold 500 billion yen of 60-day Treasury bills through short-term money houses to tighten its grip on short-term funds and boost the yen against the dollar. Short-term money houses in Tokyo say that the bills, due on Dec 9,
      Reuter  -  156 words
    • 241 7 FT CITIBANK of New York and Central Exchange and Credit Bank of Hungary will open a joint commercial bank in Budapest next January in the first venture of its kind by Hungarian and American banks. The new bank in which Citibank has a majority stake will
      FT  -  241 words
    • 156 7 Reuter STATE-OWNED oil company Petroleos Mexicanos (Pemex) has brought Mexico back into the capital markets with a pri-vately-placed 10 billion yen, sev-en-year bond priced at par and paying 7.5 per cent, lead arranger Industrial Bank of Japan said. The capital markets have been
      Reuter  -  156 words
    • 550 7 Japanese banks hint they may pull out Reuter HONGKONG is moving ahead with proposed bank reforms, but some Japanese banks said the changes might force them to shift business out of the territory. Several Japanese banks said that while the colony's banking system might need
      Reuter  -  550 words
    • 588 7  -  Sang Kancil is BT's financial futures trader. DAVID GABRIEL each Tuesday traces the tactics and strategies of Sang Kancil on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. SANGKANCJL DAVID GABRIEL LAST WEEK, Sang
      588 words
  • Page 7 Advertisements
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  • FEATURES
    • 468 8 NECESSITY KNOWS NO LAWS, especially if you are doing business in oh so foreign lands where officials live to grow fat, sweaty and corrupt. And when these selfsame godless officials control your honest penny, a little grease for their palms ensures that your palms don't go
      468 words
    • 1296 8  -  The Indonesian government is striving for a healthier investment climate as oil revenues decline and unfavourable economic conditions prevail. BRIAN GOMEZ concludes his two-part analysis of the current situation in Indonesia. BRIAN GOMEZ INDONESIAN PLANNERS have a tall order on their menu they have to create
      1,296 words
    • 156 8 Letters to the Editor Dear Sir The MRTC's response (BT Oct 22) to your report on Oct 17 on expatriate engineers taking away jobs from Singaporeans was a not unexpected reaction. For surely no one can deny that even in less hitech fields
      156 words
    • 481 8  -  PATRICK CHIA Dear Sir Your two articles on the Singapore property market published on Oct 1 and 7 prompted me to undertake some research, and I would like to share my findings with your esteemed paper and the general public. Firstly, your writer chose to highlight
      Source: Rating and Valuation Department  -  481 words
  • Page 8 Advertisements
    • 147 8 M onagers ust anage BT shows you how every Monday. Big System Electronics for the Progressive Office wm m-rr TAC No. 295-84 X4B ?> te* 3R-W < I v* '•> i NEC's Electra 616 (S) This remarkable system allows you to start with only 2 trunks and 6 extensions. It
      147 words
    • 156 8 STYLE'B6 Fabrics Garments Shoes Accessories < (TRADE ONLY) November 13th, 14th and 15th, 1985,12.00 to 6.00 pm at the Century Park Sheraton A Singapore The Reliable Airline KLM Royal Dutch Airknes The Austrian Trade Commissioner Tanglin P.O. Box 238 Singapore 9124 FABRICS FOR GARMENTS C EYBL FEINJERSEY F M HAEMMERLE
      156 words
  • Page 8 Miscellaneous
    • 675 8 CRYPTIC PUZZLE ACROSS 3 Something authoritative that may be cited (5) 8 Get away with a sprained ankle? (3, 2) 10 Ha, fellow, it's dark down there! (5) 11 He takes o short cut (3) 12 There's something screwy about this (5) 13 In a way, you'll find me m
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  • SPORTS
    • 339 9 Reuter CHRIS EVERT LLOYD regained the world number one women's tennis ranking from Martina Navratilova by winning the Brighton Classic on Sunday. The 30-year-old American's 7-5 6-3 triumph over Manuela Maleeva of Bulgaria gave her a third triumph in Brighton in five years and
      Reuter  -  339 words
    • 194 9 Reuter MORTEN FROST of Denmark won the men's singles final at the Danish Open badminton tournament for a record sixth successive time last Sunday by beating Indonesia's Lius Pongoh 15-5 15-8. It was a lacklustre final with Frost still suffering from a
      Reuter  -  194 words
    • 441 9  -  By WALTON MORAIS THE TOYOTA Singapore Open tennis championships, hit by the withdrawal of three women's seeds, received a welcome boost with the entry of a top quality men's wild card. Top Indian junior Hari Aiyar has informed the
      441 words
    • 470 9 Reuter SEVERIANO BALLESTEROS last Sunday won his sixth victory of the season in the U*****,000 Spanish Open at the 6,560-yard Vallromanansa Golf Course near Barcelona. Playing 36 holes on the final day because of earlier rain delays, he finished with
      Reuter  -  470 words
    • 392 9 UPI JIM THORPE took advantage of a bogey by Jack Renner on the par-4 13th hole last Sunday and cruised from that point to the title in the Tucson Matchplay Championship with a 4 and 3 victory. Thorpe, who entered the tournament ranked
      UPI  -  392 words
    • 687 9 AP THE KANSAS CITY ROYALS, rallying behind the five-hit pitching of Bret Saberhagen, completed one of baseball's most shocking comebacks last Sunday night and won their first World Series championship, defeating the St Louis Cardinals 11-0 in the decisive seventh game. The
      AP  -  687 words
    • 274 9 UPI DEFENDING CHAMPION Orlando Pizzolato of Italy outduelled Ahmed Saleh from the tiny east African country of Djibouti in the final two miles last Sunday to win the 16th New York City Marathon in 2 hours, 11 minutes, 34 seconds. Pizzolato, content to run as
      UPI  -  274 words
  • Page 9 Miscellaneous
    • 1164 9 TO QBE) BOOK) THE JEWEL IN THE CROWN Questions of Loyalty 9.05 pm, Channel 12 Mmmm < i cTim Pigott-Smith stars as Captain Merrick Daphne dies giving birth to a half-caste daughter. Her aunt, Lady Manners, reads her niece's journal aboard her houseboat on Lake Srinagar and resolves to bring
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    • 21 9 Bristow: Frank Dickens 3bNe.s,Pij6i=NS6.—this IS R ORGRisJISpOiON J "IE-LL nat PiLL NOTHING UKSPkID 0. useo TO u_ Hfcß &OOKS To SCHOOL.
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    • 5 9 Play golS the Sevvy way
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  • INTERNATIONAL COMPANY NEWS
    • 652 10 Grip over Sunshine strengthened with 27pc stake in Hastings Deering SYDNEY-BASED Malaysian businessman Lee Ming Tee has emerged with a personal holding of 27.1 per cent in Hastings Deering Corp Ltd in a move which tightens his control over his flagship vehicle, the Sunshine group
      652 words
    • 389 10 Reuter THE GUINNESS PEAT Group PLC is bidding for Britannia Arrow Holdings PLC with a share offer worth 140.6p per Britannia Arrow share and a full cash alternative of 130p per share. The share offer values Britannia Arrow at £212 million. Guinness Peat
      Reuter  -  389 words
    • 119 10 Reuter KWANG HUA Investment Trust Co Ltd, a consortium of Taiwanese, US and European companies, plans to launch later this year a US$25 million fund to invest in Taiwanese company shares. Orlando Lobo, the director of the Hongkong subsidiary of MIM Ltd, said Kwang
      Reuter  -  119 words
    • 293 10 Reuter UNITED STATES STEEL, the biggest American steel producer, has confirmed widespread market rumours that it has been holding takeover talks with Texas Oil and Ampersand Gas, the Dallas-based energy group. The steel giant issued a statement from its Pittsburgh headquarters
      Reuter  -  293 words
    • 464 10 Reuter THE CHAIRMAN of the US Securities and Exchange Commission and some of the agency's key staff are split on the legality of massive share purchases from sophisticated investors which occur during a takeover contest but outside the context of a
      Reuter  -  464 words
  • Page 10 Advertisements
    • 524 10 I US X •5 SPRW I «r<- >;, i #/=P I V TONIGHT A wM e Roasted Baby U* The Chef carves at 8.15 pm every Tuesday and Thursday at the Baron's Table In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to
      524 words
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      208 words

  • ASIAN STOCKS
    • 417 11 HONGKONG: Stock prices closed sharply lower yesterday under pressure from institutional profittaking following recent gains, brokers said. The Hang Seng Index lost 20.48 points to finish at 1,651.25 with selling gaining momentum late in the afternoon. "This was the technical correction we were waiting for," said a broker. Properties
      417 words
    • 271 11 OCT 28 Al Sincere Indus As»o Cement Cothoy Cons NT 3 14 21 80 24 30 0 02 0 1 -0 2 Lien Hwa Indus Non Yo Plos Pacific Cons Pocitic Elect Wire Poolung Paper 1450 26 80 1580 1400 099 02 05 -04 unch -001 Chang Hwa Bonk
      271 words
    • 72 11 AUSTRALIA: Share markets closed easier, depressed by ex-div-idend trading in BHP. BHP moved ex-dividend 17.5 cents and the share price consequently fell 26 cents to 8.82 as the market took account of the dividend pay-out. National turnover was a low 43 million shares, valued at $59.7 million, with falls outnumbering
      72 words
    • 448 11 TOKYO: Share prices rose in very light trading with buying centred on international populars, but brokers disagree about the likely underlying tone. The market average climbed 104.41 to close at 12,937.04 after losing 22.36 in Saturday's half-day trade but the turnover was only 240 million shares against 200 on
      448 words
    • 111 11 MANILA: Share prices closed generally easier in quiet trading, dealers said. The Commercial and Industrial Index fell 1.63 to 179.97, the Mining Marker eased 5.03 to 699.17, while oils was steady at 0.779. OCT 28 Acote Mining Anglo Phil Ape* Mining B Artos Con B Pesos Mofsteel Orient ol
      111 words
    • 308 11 OCT 28 C«rt» INDUSTRIALS A C 1 309 A N 1 292 1 2 Leighton Lend Lease Magelon Pet Aust Moyne Nickless Metals Explor N L 122 660 235 330 40 -1 20 unch -10 unch A P M 307 11 Mid^osf 26 Abertoyle 950 50 Mim 263 -5
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    • 97 11 OCT 28 Bank Seoul Choheung Bi Commercial Bk DoeWn Ind Won 735 711 755 594 •♦■4 -4 1 19 Hyundoi Const Hyundoi Motor ICAL Korea First Yukong Koreo Sh«p 910 918 518 740 1322 437 30 13 3 unch -12 9 Doewoo Corp 505 -10 Lucky Ltd 647 -13
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    • 158 11 BANGKOK: Share prices closed lower in sluggish trading, brokers said. The Book Club Index fell 0.04 to 131.58 and declines led advances by a margin of two-to-one. Turnover fell to 91,736 shares worth 15.1 million baht from 117,257 worth 18.9 million. Siam City Cement fell four baht to 494
      158 words
    • 59 11 AFP JAPAN'S Toshiba Corp has agreed with Visa International of the US to develop jointly a credit card containing a microprocessor. The card, named the "super smart card", will have a calculator-like keyboard, a display on the back side, and a built-in battery while retaining the same
      AFP  -  59 words
    • 268 11 Reuter HONGKONG LAND Co Ltd's commercial paper facility has been raised to HK$l.25 billion from the original $1 billion. This made the facility the largest capital market instrument ever to be denominated in Hongkong dollars. It originally ranked at the top as one of
      Reuter  -  268 words
    • 83 11 WING ON Co Ltd. a publicly quoted Hongkong company in the retail and property business, has awarded the mandate for a HK$2OO million multi-option facility to Morgan Guaranty Ltd. Banking sources said the three-year revolving facility encompasses a loan facility with an option for the
      83 words
    • 190 11 UPI MINEBEA CO, the world's leading precision ball bearing manufacturer, will absorb one of its affiliates, Kanemori Co, to consolidate its business and avoid a takeover by US and British companies. Takami Takahashi, the president of Minebea, said in Tokyo yesterday: "I believe the
      UPI  -  190 words
  • Page 11 Advertisements
    • 775 11 Rdr Business Or Pleasure, Lunch At THe Elizabethan Grill Today's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons
      775 words
    • 126 11 M Savoury Delights Await You At M Hvwm 9f Kmgrtmm Cvykor Tm Smoke* Dm* M 1 Hong Kong Dian Xih available during lunch! For reservations call 235 2698 or 734 6622 at 141/144 Lunch: 11am-3pm Dinner 6pm- 11pm fAimamitf. MIUKI 19 Ciirnhiil Grde Singapore 0922 Td 734 6622 cairhwu wray^\
      126 words

  • RAW MATERIALS
    • 374 12 Reuter THE INTERNATIONAL Natural Rubber Organisation (Inro) council will focus on the buffer stock at a meeting in Kuala Lumpur from Nov 4 to 6. Council sources said the 33member council would review an Inro paper on ways of stabilising prices after Inro's
      Reuter  -  374 words
    • 228 12 Reuter WORLD COTTON SUPPLIES this season are the highest ever because of very large carry oVer stocks, according to the annual review of the world cotton situation prepared by the International Cotton Advisory Committee (ICAC). Estimated world cotton stocks at the start of
      Reuter  -  228 words
    • 124 12 AFP PHILIPPINE coconut exports picked up sharply in September, when they reached the highest monthly total for 1985. But low world prices were limiting earnings. The United Coconut Association of the Philippines (Ucap) yesterday said September exports totalled 141,687 tonnes, based on the copra or
      AFP  -  124 words
    • 56 12 AP HUBEI PROVINCE, one of China's major grain producers, is expected to reap a record grain harvest this year. The Xinhua news agency yesterday quoted the central province's Agriculture Bureau as saying grain output is expected to be 21.5 million tonnes, an increase of 2 per
      AP  -  56 words
    • 326 12 AP UGANDA predicts it will have a bonanza coffee crop for the 1985-86 marketing year, but says the civil war could keep it from meeting its export quota. Mr Evaristo Nyanzi, the Minister of Cooperatives and Marketing, discussed the country's coffee crop prospects
      AP  -  326 words
    • 228 12 Bernama A BRITISH COMPANY and the Johor State Economic Development Corporation (JSEDC) are working on a joint project to cultivate lowland tea in the state. This will be the first tea project in Johor if the proposal is accepted by the government. Disclosing this
      Bernama  -  228 words
    • 733 12 COFFEE ROBUSTA FUTURES yesterday hit the highest levels since mid-July, fuelled by concern over the Brazilian drought and Ugandan shipment problems. However, the early rise appeared overdone and values went into the midday recess with pared gains of £10 to £26 a tonne, amid some market talk of
      733 words
    • 215 12 SINGAPORE THE MARKET yesterday closed quietly lower with November One RSS buyers quoted at 156.00 cents per kilo, down 0.75 cents from last Friday, dealers said. The morning session weakened 0.75 cents due to lack of buying interest in quiet trading, they said. Prices were little changed from lunch
      215 words
    • 344 12 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Sellers lot 1 RSS Prompt 155 50 156 SON 155 25 156 25N Int I RSS Nov 85 156 25 156 75 156 00 156 50 Int 1 RSS Dec 85 159 00 159
      344 words
    • 109 12 (cents/kg, 1-ton NOV 85 DEC 85 (current month) (forward month) RAS NOON NOON Buyers Sellers Buyers Sellers SSR 20 151 00 153 OON 152 00 154 OON SSR 50 149 00 151 OON 150 00 152 OON MRELB Buyer* Sellers Buyers Sellers SMR CV 206 00 210
      109 words
    • 176 12 Yarn (In HK$ per bole of 400 lb) Chino carded yarn, cones Blue Phoenix I6's 2.450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Carded yarn, hank Blue Phoenix 2l's 2,750 Combed yarn, cones Blue Phoenix 32's 4,300 Blue Phoeni x 40's 4,500 Open-end yorn
      176 words
    • 13 12 KL TIN Closing prices on Oct 25 (M$/kg) Price Turnover (tonnes) Suspended Suspended
      13 words
    • 155 12 Chinese Produce Exchange (Sellers' noon dosing prices on Oct 28 (SS/100 kg). Coconut oil Bulk FOB 75 00 Old drum FOB 88 00 ki.. j rrvo oo f\n Robusto 20/25% FOB NSW Nutmeg 110 FOB NSW E&W FOB NSW Gombier FOB NSW 455 00 496 00 438 00
      155 words
    • 139 12 THE MALAYSIAN crude palm oil market yesterday closed slightly higher on light covering in dull cautious trading. Operators were reluctant to take up fresh positions ahead of the relaunching of palm oil futures trading on the revamped Kuala Lumpur Commodity Exchange today, dealers said. Interest shifted to nearby
      139 words
    • 281 12 Singapore C-l Ord unq (S$/kilo, e«-godown) Loonzain Rice Frogront new crop 100% 1st grade unq 1st 076 100% 2nd grode 215 2nd 054 100% 3rd grade unq 3rd New Crop 25% 052 no stock Parboiled Rice 5% 210 10% no stock 10% 205 Thai Broken Maize unq A-super Special
      281 words
  • Page 12 Advertisements
    • 177 12 ft Just a few ample concepts made by us when we opened our doors back in the 1960s As a family owned full-service lab. we have the technology and facilities to keep these beliefs alive in our lab Today, we have grown to be the largest professional colour lab in
      177 words
    • 237 12 NOTICE NOTICE IS HEREBY GIVEN that, I, Lee Cheng Thye, of Blk 46, Jin. Bt. Ho Swee #02-892, Singapore 0316, have applied for a Retail Liquor Shop Licence in respect of premises at M/S Hong Guan, Blk 46, Jin. Bt. Ho Swee #01-884, Singapore 0316, and that this application will
      237 words
    • 240 12 NOTICE NOTICE IS HEREBY GIVEN that, I, Low Chin Huat of Blk 1, Margaret Close, #05-87 Singapore 0314, have applied for a First Class Beer House licence in respect of premises at M/s Soon Lee Huat Eating House, Blk 105, Clementi St. 12 #01-30 Singapore 0512, and that this application
      240 words

  • SHARE INFORMATION
    • 4367 13 SHARE PRICES fell sharply on the Singapore stock market yesterday, to the surprise of many dealers and analysts who had expected the market to move higher following a favourable Malaysian Budget released last Friday. Large losses in some component stocks caused the Straits
      4,367 words
    • 269 13 SINGAPORE Rises Indies Oct 25 Oct 28 Sun Lnr 220 +15 BT Composite 673 93 664 40 G 1 HW91 Mi 218 6 BT Ind.color *****47 *****68 Sm) Inc 122 6 BT OB/OS +158 +177 M Coblos 625 5 BTCADI -5159 5253 Ittton 50< 190 4 BTOBV
      269 words
    • 4172 13 SECTION ONE INDUSTRIAL COMMERCIAL Ac mo (I 04B) (2) 105 (2) I 06 Alcorn (0 81' jB) (4) 082 (I) 0 82'. (3) 082 Allied Choc (2 735) (2) 278 (10) 2 73 (3) 2 72 (1) 2 70 Amol Steel 50« (I 056 I
      4,172 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 526 14  -  Security >n the form of fixed deposit By AMY CHEOK THE STOCK EXCHANGE of Singapore has disclosed that it guaranteed $10 million worth of bank overdraft facilities which was granted to the beleaguered broking house Alfa-Pacific Securities. The SES has taken up these guarantees as
      526 words
    • 936 14 EQUITIES started the new account yesterday mixed in quiet trading. The FTSE 100 Index at I.oopm was up 3.1 points at a new high of 1,350.7 while the FT 30 Index added 1.6 points to a new high of 1,052.4. Britannia Arrow firmed up 7p to 138 after
      936 words
    • 360 14 SHARE PRICES eased across the board on the Kuala Lumpur stock market yesterday as investors became cautious following political developments in Sabah. Many counters, including component stocks, came under selling pressure and a handful of stocks ended with doubledigit losses. Tin stocks were
      360 words
    • 4246 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajmomoto (3.305) A Choc (03 068 3 08S) (2)
      4,246 words
    • 206 14 PACIFIC CHEMICALS Bhd (PCB) shares have been valued at Ms 9 each for the purpose of the company's share swap with Grand United Holdings Bhd (GUH). This was stated by PCB in a reply to a KLSE query on its proposed acquisition of
      206 words
    • 484 14 TALAM MINES Bhd has identified property development as an area of diversification with opportunities for satisfactory returns and recurring income. This was stated in Talam Mines's circular to shareholders in connection with its proposed change of name, increase in capital, five-for-three bonus issue and acquisition of
      484 words
    • 26 14 MELEWAR Equities Sdn Bhd has completed the acquisition of 3.6 million shares of $1 each in Malaysian American Assurance Co Bhd.
      26 words
    • 271 14 Monogerj' prices MARA-Bumiputra for Oct 29 First B'putra 5 28 5 33 Singapore Unit Trust Second B'putra Third B'putra 487 3 94 492 399 The Commerce 1 74 1 85 Fourth B'putra 4 33 4 38 The Savmgs Fund 1 30 1 38 Fifth B'putro 2 92 2
      271 words
    • 98 14 HONGKONG Hong Seng Index Friday Week ago 1515 2 Monday 1651.25 NEW YORK Friday *****3 Week ago 1666 06 Dow Jones Fnday 1356.52 TOKYO Thursday 1362.34 Nikkei Average Monday ***** 04 Friday ***** 99 Week ago 1368.84 Standard Poors Week ago *****.39 Friday 187.52 Thursday 188 50 TSE
      98 words
    • 331 15  -  By HOMER CHEN PLANTATION-BASED Malakoff Bhd, a member of the Boustead Holdings Bhd group of companies, has reached agreement with Kew Man Co Sdn Bhd to buy 2,642 hectares of plantation land in Kedah, known as the Kuala Muda Estate, for Ms3o million. Malakoff has
      331 words
    • 312 15 AS EXPECTED, Malaysian entrepreneur Vincent Tan has emerged as the major buyer of the block of South Pacific Textiles Industries Bhd shares disposed by chairman David Nai-Wai Lee early this month. Mr Tan's family company, Prime Jaya Enterprise Sdn Bhd, yesterday disclosed
      312 words
    • 57 15 THE HYATT of Hong Kong Ltd has sold 68,000 shares in Seali«n Hotels Ltd at an average price of $1.74 each. It still holds 8.68 million Sealion shares. UNITED OVERSEAS BANK group has acquired 133,000 shares in United Overseas Land for $209,312, raising its holding in the company
      57 words
    • 133 15 THE OFFER BY Innovest Bhd for the shares which it does not own in Kentucky Fried Chicken (S) has met no response. The offer, which closed yesterday, failed to lure KFC's shareholders into accepting Innovest's cash offer of $2.60 per share. This is
      133 words
    • 388 15  -  By LORETTA McLAUGHLAN THE TEN-MEN working committee formed to draft plans for the proposed second securities market is considering putting a limit on the number of financial institutions which will be allowed to make markets in the young companies. A stock exchange source
      388 words
    • 434 15  -  By CHAN OI CHEE AT A TIME when most companies are bemoaning the lack of business, Lum Chang Holdings Ltd has managed to secure $224 million worth of new construction contracts in the financial year ended June 30, 1965.
      434 words
  • Page 14 Advertisements
    • 233 14 LUM CHANG HOLDINGS LIMITED (Incorporated in the Republic ot Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 3rd Annual General Meeting of the Company will be held at the Maple Room, Dai-ichi Hotel, 81 Anson Road, Singapore 0207, on Monday, 18 November 1985 at 10.00 am
      233 words
    • 177 14 il' Vii r »l I k»i Close to work or close to nature? Tan Chong Tower Service Apartments Available for 1 month and above Within CBD Fully furnished inclusive of kitchenware Telex and IDD telephone Housekeeping and laundry service available Covered car park 24-hour security Rates: Studio $1300 per month
      177 words

  • Page 15 Advertisements
    • 441 15 In search of excellence.. What makes a top executive? That question is now being examined by the judges of the BT/DHL Businessman of the Year Award. Their answers will be known in January when the award is presented at a glittering dinner to be held at the Shangri-La hotel. But
      441 words

  • 564 16  -  More similar packages expected By SOH TIANG KENG, ALVIN TAY A US$4O MILLION LOAN package for a Shanghai hotel project signed yesterday the first China syndication put together by the Republic's leading local banks is seen as the first of many such
    564 words
  • 89 16 Reuter PRESIDENT Ferdinand Marcos has ordered the sale of Philippine government properties to raise revenue to meet budgetary requirements and conditions imposed by the IMF. A Presidential Palace statement did not say which properties would be sold but said these would include corporations
    Reuter  -  89 words
  • 300 16 KEPPEL SHIPYARD is to lay off 285 employees from its ship-repair division after exploring every possible avenue that might have kept them employed usefully within the group. "In spite of the actions already taken to retain the employees, retrenchment as a last resort is now necessary,"
    300 words
  • 146 16 Reuter MAJOR NEW ZEALAND companies yesterday called for an end to the dispute over port calls by US warships with nuclear capability in order to protect trade with the US. "New Zealand's full participation in the development of a prosperous Pacific Rim economy
    Reuter  -  146 words
  • 140 16 Reuter A HONGKONG COURT yesterday dropped a charge of conspiracy to defraud against a banker in connection with the 1983 collapse of the Carrian group, once one of the British colony's biggest property concerns. Mark Adrian Saunders-Da-vies, a 35-year-old Canadian and former
    Reuter  -  140 words
  • 360 16 TRADING of tin on the London Metal Exchange (LME) will remain suspended for another three days up to Wednesday, after which there will be a further announcement. LME chief executive Mike Brown said in London yesterday that a meeting would be held in the meantime to
    360 words
  • 187 16 A CALL for greater dialogue and consultation between employers' federations and national labour unions was made yesterday by Mr Eugene Yap, Senior Parliamentary Secretary (Labour and Epvironment). He said it was essential for employers' federations to foster healthy working relations between management and workers from company to national
    187 words
  • 117 16 UPI FORMER THAI Prime Minister General Kriangsak Chomanan and seven other top military officers and labour leaders yesterday pleaded innocent to charges of attempting to overthrow the government in last month's abortive coup. Kriangsak, 67, frowned angrily as he read the 19-page charge sheet that
    UPI  -  117 words
  • 104 16 AP SIX JAPANESE anti-nuclear groups with more than 2,000 members yesterday agreed to boycott French products to protest against the French government's resumption of underground nuclear tests in the South Pacific, a spokesman for the group said. Koji Ozaki said the Tokyobased groups, supporting
    AP  -  104 words
  • 349 16 Reuter EGYPT HAS ORDERED belt-tightening measures, ranging from cuts in the size of overseas diplomatic missions to banning free sweets for government employees, to curb its budget deficit and reassure foreign creditors. The brunt of the measures falls on civil servants, who have also been told
    Reuter  -  349 words
  • 109 16 Reuter COMEX gold futures dipped 0.40 to 0.20 in very light dealings yesterday morning, as the market ignored the dollar's slippage vis-a-vis European units. Gold for delivery in December was off 0.40 at U*****.00 an ounce. Analysts said speculators and local traders unwound long positions taken
    Reuter  -  109 words
  • 73 16 Reuter THE NEW YORK stock market headed lower in early trading yesterday, continuing it slide into the third day. The Dow Jones Industrial Average was off four points to 1353. Declines led advances by a five-three margin on turnover of 8.77 million shares. ATT led the actives,
    Reuter  -  73 words
  • LATE FILE
    • 48 16 UPI POLICE in the Cape Town area, armed with sweeping powers under a state of emergency declaration, have banned more than 100 antiapartheid groups from meeting and introduced tough measures to combat school boycotts. The orders were published in the government gazette on Sunday. UPI
      UPI  -  48 words
    • 40 16 AFP CIVIL SERVANTS in Dhaka with more than two children will not be posted abroad. Press reports said yesterday that the official decision was part of efforts to encourage government employees to adopt family planning.
      AFP  -  40 words
    • 26 16 Reuter FROGS in Hongkong are suffering from parasites and should be fried thoroughly before eating, said a government statement issued yesterday. Reuter
      Reuter  -  26 words
    • 49 16 UPI JAPAN AIR LINES will be awarding an average of between US$7O,OOO and $94,000 to families whose relatives were killed in the worst single plane crash, said the Japan's Public Broadcasting Network yesterday. JAL spokesman Geoffrey Tudor would neither confirm nor deny the report. UPI
      UPI  -  49 words
    • 54 16 Reuter INDIAN GURU Bhagwan Shree Rajneesh, the head of a spiritual sect, has been arrested with a dozen disciples in North Carolina, as they were apparently trying to flee the US. Federal officials said yesterday that Rajneesh was arrested in connection with secret indictments accusing him of
      Reuter  -  54 words
    • 42 16 Reuter ONLY a smoking mass of ruins was left yesterday at two Palestinian guerilla bases rocketed by Israeli aircraft near the village of Barr Elias in east Lebanon's Bekaa Valley. Palestinian sources said two guerillas were killed. Reuter
      Reuter  -  42 words
    • 32 16 Reuter STRIKING Sydney mail sorters last night voted to return to work, ending a week-long strike that split their union and failed to gain their objectives. Reuter
      Reuter  -  32 words
    • 59 16 UPI PLO LEADER Yasser Arafat arrived in Amman yesterday for talks with King Hussein in a bid to revive their stalled joint Middle East peace initiative. The meeting is expected to include a discussion on future moves in the light of the mistakes that took place in the
      UPI  -  59 words
  • Page 16 Advertisements
    • 221 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Paper box cartel stacking prices 2. National Semiconductor expects lower sales 3. Turning point for plastics 4. Exports of electronics products up 6pc 5. Accountants wage war
      221 words
    • 81 16 Labour conventions: the record, Page 2 h/e- ©TSi V:l LIVE! Soothing, silky sounds now presented by the I Love Lites. Music that J distinguishes The Cathay I as the Chinese Restaurant I with the unique international M supperclub ambience. Come experience this M wonderful combination of sumptuous Cantonese cuisine, superb
      81 words
  • Page 16 Miscellaneous
    • 56 16 Outlook for today: Scattered showers over several areas in the early evening. Report for 24 hours prior to 7 30pm on Oct 28 at the airport Maximum temperature 31.7 Associated humidity 65 Minimum temperature 24.1 Associated humidity 94 Hours of sunshine 7.0 C Rainfall in millimetres nil Rainfall this month
      56 words

  • SHIPPING TIMES
    • 454 17  -  IMB coordinating Tropical Queen investigation By G DURAIRAJ MALAYSIAN shippers have been asked to identify their cargo which curiously landed at the Chinese Port of Shantou, instead of the port of destination, Madras in India. It is understood the shippers or their representatives will visit
      454 words
    • 167 17 AFP CHINA'S largest port has attracted over US$l billion in foreign investment for its development since 1960, said a report from Shanghai. The investment is being introduced through 135 Sin-o-foreign joint ventures, co-operative enterprises and foreign-owned businesses, the New China News Agency (NCNA)
      AFP  -  167 words
    • 150 17 THE DECLINE in employment of Filipino seamen will continue, to levels perhaps lower than 50,000 this year because of keen competition from other countries supplying even cheaper seamen. The administrator of the Philippine Overseas Employment Administration (POEA), Mr Crescendo Siddayao, told a recent shipping
      150 words
    • PORT SIDES
      • 54 17 Reuter THE AUSTRALIAN and New Zealand/Eastern Shipping Conference, East Asia section, has agreed with the Hongkong Shippers Council that rates from Hongkong to Australia will be increased by 4 per cent effective Jan 1, 1986. It said the tariff will be converted to US dollars from Australian dollars
        Reuter  -  54 words
      • 46 17 JARDINE SHIPPING Agencies (Hongkong) and MacLeod International, Jardine's shipping agency in the Philipines have been appointed as agents for Aquatic Liner. Aquatic Liner operates a weekly liner service between Hongkong and Manila with the Reina which accepts both containerised and breakbulk cargo.
        46 words
      • 83 17 A SOUTH Korean ore carrier, Superstar, and a Singapore bulk carrier, the Ville De Ponant, suffered major damage when they collided with each other in fog in the Westerschelde channel, police said. There were no casualties, they said. Superstar, which was carrying 88,000 tons of minerals, and the
        83 words
      • 77 17 Reuter HITACHI ZOSEN Corp vice president Shojiro Okada said the shipbuilding section at the Innoshima Works in Hiroshima prefecture would be closed under a plan to scale down its shipbuilding division. Kyodo News Agency said construction of tankers and other merchant ships will be concentrated at the
        Reuter  -  77 words
    • 1055 18 COAL voyage business apppears quite active on Friday with bookings from Hampton Roads and Richards Bay particularly prominent, dry cargo brokers said. Four Showa vessels are reported fixed each for 55,000 long tons from Richards Bay to Antwerp-Rot-terdam-Amsterdam at U5510.25 apiece, they noted. Also fixed is the Konkar
      1,055 words
    • 1027 18 FT SWEDYARD, the state-owned group formed in 1977 to oversee "an orderly restructuring of Swedish shipbuilding," faces far-reaching changes. Its merchant shipbuilding operations, hit by a declining world market share, foreign government subsidies and protectionism, are fighting for survival at a time when
      FT  -  1,027 words
    • 90 18 Reuter BETHLEHEM STEEL Corp has been awarded a contract for the repair of the SS Energy Independence, a 666-foot coal carrier owned by New England Collier Co. The company said the replacement of the engine's main drive gear is expected to take about 40 days. Bethlehem said
      Reuter  -  90 words
    • 645 18 Reuter ROMAN RUINS, allied bombs, and ill-omened sand banks are being exposed along the river Rhine as Europe's busiest waterway, starved by lack of rain, shrinks towards levels not seen in nearly 40 years. While most West Germans bask in golden October weather, courtesy of a
      Reuter  -  645 words
    • 686 18 AB Shpg V 5 Madju Sdn VI 3 Afeo Line VI 3 Maersk Line 1 4/5 Alphatrons X 3 M'sia Shpg Corp V 2 APC Line V 4 Meishm Line VI 1 APL III 2/3 Mexican Lme IV 3 Anro Service IV 3/4 Mid SEA Cont V
      686 words
    • 116 18 MR R E Sp*td has been appointed general manager of Nedlloyd EAC Agencies Pte Ltd and regional man* ager (South-east Asia) oC Nedlloyd Lines. He succeeds Mr JH Meijer who has retired. I Mr Speld started hi» shipping career at the agt£ of 18 with the Nedlloyd"
      116 words
    • 190 19 THE 1986 EXAMINATIONS for deck certificates of competency and certificates of efficiency as lifeboatman will be held as follows: Deck Certificates of Competency: Master (foreign-going) Jan 6, April 7, Aug 18, Nov 3; First mate (foreign-going) Feb 10, April 21, June 16, Sept 15, Nov
      190 words
    • 335 19 BATTERED by the downturn in the trans-Pacific trade, Sea-Land Corporation has announced sharply reduced profits for the third quarter. Like rival US carrier American President Lines, Sea-Land's takings between July and September 1985 were in sharp contrast to the bouyant trade enjoyed in the same period
      335 words
    • 365 19 Oct 28-29 Offshore export opportunities, seminarm Royal Lancaster Hotel, London W2. Oct 29-30 Marine insurance clauses (cargo), Lloyd's of London Press seminar, The Royal Horseguards Hotel, London. Oct 30-Nov 1 Seminar on ship machinery energu saving and new technology, organised by China State Shipbuilding Corporation, Beijing Science Hall,
      365 words
    • 178 19 FT THE PORT OF Great Yarmouth has appointed N M Rothschild, the merchant bank, as lead financier for its proposed £45 million expansion project aimed at developing cargo traffic and creating up to 4,000 jobs. The development at the Norfolk port would be one of biggest UK
      FT  -  178 words
    • 378 19 SWISS enginebuilder, Sulzer Brothers Ltd, of Winterthur, is working in close collaboration with its licensees in Japan to develop a gas-burning, du-al-fuel version of the RTAB4 low-speed, twostroke marine diesel engine. The first unit will be tested early in 1986. According to
      378 words
    • 6430 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      6,430 words
    • 698 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Or Chief 45E 29.10 85 1600 Jardine Fl 0700-0800 G3 Piya Bhum 8N 29 10.85 1630 S'pore Shpg F1 0800-0830 K 1 Nihon 374 29.10.85 1700 Ned-EAC
      698 words
    • 1635 25 The leading shipping lines operating from local ports and their agents. *-e A Top Enterprises Pte Ltd Same (S) AB Shipping Bousteod Shpg Agencies Afeo Line African Shpg Agencies <S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanus Shipping gencies (S) Multiport Sdn Bhd (PK)
      1,635 words
    • 741 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Aegean Breeze K9 Umpacific alongside 29 10 85/0700 Abuqir K11 NAPL alongside 29 10 85/2300 G Selatan-9 K17 Ocean Intl alongside 29 10 85/2300 Jenson IV K23 Thong Soon alongside 29 10 85/1800 Kota Berlian K30 PIL
      741 words
    • 342 26 AFP AN EARLY surge of tanker enquiry in nearly ail loading areas boosted hopes of a continuation of the recent firmer trend, although most cargoes were covered by the end of the week and business tailed off, with rate levels edging back in some cases. But demand continued
      AFP  -  342 words
  • Page 17 Advertisements
    • 740 17 Monthly from Pitman tfr& ——a, w Okient Overseas ContcUm Mne Agents: MRDM SMFfMC MENCCS (Iff. Ni 2421M/00K) mmln StwntoA Way #04 03 Marina Ho«« Smjjpo'f 020/ LSxJ TH *****11 Idn NO RS ***** S!mS CFS OFFICE IPC ****** Id *****31 7770(3) r Terminal Office IPC #03 030 T« *****90/*****93/*****01 MITM
      740 words
    • 65 17 aSMDB SWEDYARD, the state-owned group formed in 1977 to oversee "on orderly restructuring of Swedish shipbuilding," faces major changes. Page II BATTERED by the downturn in the trans-Pacif-ic trade, Sea-Land Corporation has announced sharply reduced profits for the third quarter. Page 111 Index to advertisers II London freight II Shipping
      65 words
    • 1209 17 I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE ffl KEEP YOUR APPLES FRESH tacomato: FASTEST TRANSIT PENANG 23 MVS P«nang Vessel s por. EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA
      1,209 words

  • Page 18 Advertisements
    • 471 18 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wnt FNdtr at Tokyo MPHmc YSI U/LB OAK 2EELANDIA 30/11 5/12 SEIMOU 30/U 5/12 VESSEL 7/12 10/12 A VESSEL 14/12 17/12 Pacific North Waat Faadar at Kobo Mo*« VSL SEAT VCD PLD S. BEISHU M 3/12 S/12 1/12 HAKOK M
      471 words
    • 260 18 Supercarrier Service VtuH BARK* TAMPA N ROUEN BARBER TEXAS N ROSARIO BARBER PERSEUS nMt-zncCT Nil I ARRIVAtSN ROSARIO 7 11 BAKBfR MfCTOO 7 II N ROCWSUK 74 11 BARBER 106* 77 11 N ROTTERDAM 17 17 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA VrssH BARBER IfCTOR BOOGABKIA BARBER
      260 words

  • Page 19 Advertisements
    • 1016 19 The Straits Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT CITY Of EDINBURGH FRANKFURT EXPRESS HAMBURG EXPRESS OSAKA BAT BREMEN EXPRESS BENAVON HONG KONG EXPRESS BENALDER CITY Of EDMBURGH Abo Accepting Cargo For: Hanfcwi to Capertuten. Aartws Gothenburg Rotterdam to Antwerp Amsterdam. Oslo Bremetduren to
      1,016 words
    • 782 19 NOTICE STRAITS/ BOMBAY/ KARACHI GULF CONFERENCE NOTICE TO SHIPPERS EXTRA RISK INSURANCE SURCHARGE Shippers are hereby notified that the Extra Risk Insurance Surcharge (ERIS) would be increased as follows effective*! November 1985. lal From 3.5'« 'minimum' to 4'< "minimum' for shipments to Iranian Ports inclusive of Bandar Abbas and Iraqi
      782 words

  • Page 20 Advertisements
    • 468 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS On cama(e to Scandinavia. Med. Carribean &S. America Wand haulage to inland destinations in Europe S'pore PKetangPenang leiioesßdbao Genoa Hborg Rdam B*ia»en A werp Rente Rickmers 6/11 9/1111/11- 5/12- 8/1211/12Mai Rickmers 7/11 9/11 11/11 4/12- 12/12 17/12- 22/12 Bertram Rickmers 14/11 17/11 19/11 14/12 23/12 18/12
      468 words
    • 420 20 ySt) M S line FULLY CONTAINERISED SERVICE CHIN* CONTAINER 3?* C R PARIS HONGKONG CONTARtR 47* ORIENTAL CHIEF 46R 40 10 i 7» 10) fc 11 4 U> h 11 111 11) 20 11 il« 11) f FROM EUROPE VIA SUEZ J A Member of the Ace Consortium KOREAN l«C(«N
      420 words
    • 952 20 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) US WEST COAST SERVICE FEEDER VSL IVtR GIfAMY (Hit GRAN) (Ml GENUS 9 11 EVE* LIVING 2/17 17 11 EVER IMKMG 09 12 EVER GfcOEN »I 1 EVER LAUREL EVER GOMG EVER GAIKR EVER GUOE 3
      952 words
    • 316 20 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES KAN GHEYMMT A VESSEL lMdn| tor B Abbas. 8 B Abbas. B KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC OCEANIA COURIER KYOWA BREEZE SPORE PKetang Loadrtg tor: 5/11 P. Moresby. Lac. Wcarak. Jayapura. Rabatl Kieta.
      316 words

  • Page 21 Advertisements
    • 1021 21 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL VOYAGE HONGKONG SINGAPORE LOADING FOR: KOTA MAJU W-444 lnPt-31/10 MUKALLA. ADEN. TAMATAVE KOTA SEJATI E-591 7-6/11 13-17/11 MUKALLA. ADEN. HODEIDAH. JEODAH. PT SUDAN. AOABA KOTA RATU E-597 4-5/11 11-15/11 HODEIDAH. JEDDAH. PT SUOAN. AOABA miBRAN
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    • 892 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT it 11 22 II 30 11 10 12 17 12 23 12 11 10 1 IS 1 B HAVEN RD»M 20 11 21/11 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Frankfurt Eipress Sided HjmOurf Eipress Sided Osaka Bar Saded Bremen Eipress Saded Kurama Maru
      892 words
    • 588 21 DJAKARTA LLOYD INDONESIAN NATIONAL UNF FAR EAST TO/FROM S PORE CONTAINER SERVICE BUSAN YOKOHAMA KO6T MOMSIUNG HK I SPCM MAIAPAWT H6 1110 14 10 16 10 70 10 22 101 21/10 GOMAVKHB 23 10 2( 10 21 10 1/11 1/111 1/11 S PORE TO JAKARTA/SURABAYA CONTAINER WEST BOUND MA! Ml
      588 words
    • 653 21 BOUSTEAD SHIPPING AGENCIES Lastw VSOW Paean V92W Loikaw VIO4W Htoneywa V2O6W BURMA FIVE STAR (Burmese National Line) Loating for Rangoon Spore PKetanf In Pt/29 Oct (MaUcca) 4 No* (MaUcca) 1/2 Nov 21/30 Oct 9/11 Nov \>A BANK LINE EXPRESS SEM-CONTAWER SERVICE TO UK/CONT SPORE R'DAM HULL HMBG FORTHBANK 9 Nor
      653 words

  • Page 22 Advertisements
    • 1497 22 ik- IV LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE EEEDER VSI MOTHER VSI SPORE P|t£ IOMORE BRDGI V 49 SEA EJPORTER V7IIS 3 No. 4 No. I CENTRAL AMERICA/CARIBBEAN SEA P|if. MM ,-WV 4UAYAQUH CAUAO MICA IQUQI® UAGASIA S ANTOWO VAI PARAftO 4 No. 6 No. I No. 2? NoT A
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    • 584 22 (32 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container a INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore PfcMan( Pwunn liuAnf lw U) i No. 4 No. MMkas B tfnh Hjldu CUcutti 71 No. 74 No. MidrM B dnh Hjldu CUcutti AS 4 Dec lAjdr« Colombo Bamfciv Ortk v 11 Dec
      584 words
    • 594 22 GOLDEN LINE GUAN GUAN SHPPKK (Pit) LTD Kaanf Ti«h frrancul Bank Bialdni 60 Ceci Street SINGAPORE 0104 HI *****90 (10 IMS) I*l KuaU Lianpw MJU P Mint «7%1 Penanf 6?S*!4 Paw Gudjn| Ajml OMNI UOTD (M) SOU B« TEL M 370 STRAITS/PERSIAN GULF SERVICE: GOIDIN BEAI Colombo Karachi Dtiba< Damm,.m
      594 words
    • 504 22 INTRASCA (PTE) LTD to Anson Road *27 16 International Plaza Singapore 0207 Tel *****1 1 1 0 L.nesl JTOIAStiUII BREAKBULK SERVICE TO EUROPE/UK VAN CONQUEROR *****16 HERIMM *****17 WINNER *****1S S pore P Kebn( LMdni tot--8/11 ROT/ANT/UJI (AVON) 20/11 SHE 20/11 25/11 ESBOG/BELFAST/ ROT ANT IK (AVON) Afwh Smtjporf MTRASEA
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  • Page 23 Advertisements
    • 567 23 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member o( the ACE Consortium TO EUROPE/UK (VIA SUEZ): CR PARIS 2W HK CONTAINER 47*. 0 CHEF 46N N CRYSTAL 32W. FROM EUROPE (VIA SUEZ) 0 CHEF 45E. K CHANCE 23E. SS BRIDGE 52E. Where PK dates indicated in
      567 words
    • 588 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON spurn turns *P!UNf AGfNCItS PTE tID TH ;;899:; ?:SMM i BooKmjs 1 *****10 *****?? 1 Operations) 7???487 770V114 <T»rmmjl) *****50 ??0?S04 (C»S» Mil A>MA Al.l NTS IIINAS SETIA SDN BIC Kl If) 1143% 414. 1 44
      588 words
    • 648 23 W SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS 213*0 RS ***** RS ***** P. KELANG PENANG M/S SHMKAT NAM SOON SON. MB IST AND 2ND FLOOR. MESSRS MM THONG SWPMG 127
      648 words
    • 40 23 p SIM SWEE JOO SHIPPING SDN. BHD. express to bintulu P Kebnf In Port CONTAINERISED SERVICE SWEE LONG SATU RBUAN lAYA »ot M 31/10 Agents: JAMBATAN MERAH SDN BHD. P. Kelang: *****6 7 K.L. *****0 *****3 *****8 Penang *****1 *****5
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  • Page 24 Advertisements
    • 583 24 RcgionafContainer Lilies 4 Sailings weekly ThJI Fast Reliable Regular V Punctual Berthing P.S.A. Mon, Tue. Thur. Sat 425/43N 11/13 No. PORT KELANG AGENT: PENANG AGENT: SMGAPORE SHPPWG CORPN LRMTED MARKETING TEL: *****68 DERMAGA SERVICES SON BHD MARKETMG TEL: 03-*****5/*****8 DASWAN SDN BHD MARKETING TEL: 04-*****7/88 HINODE KISEN CO. LTD MIDDLE
      583 words
  • Page 24 Miscellaneous
    • 193 24 I Regionol Weather +r u r J/i*f a m s I mi «Y in ~y~ r 4 <¥ 4 2 s m fp s > 1 m Ar s S-V !S 13 gpie I is >5^ sTS"> If li SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind
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  • Page 25 Advertisements
    • 130 25 MBC AGENCES K. LUMPUR P. KELAMG PENANG P. GUDANG I. BAHARU LEOSMP SPORE *****88/*****56/*****48/*****93 *****1/4 TERMMAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 ME^SsBM [HH EEI EEI EDi EEZDB E2DB 3E3IEEIE2HI CEE3I DB EE] CEZZHI i nrrnr??iffiiTHTiTi i 3J|SCTE^^^J[3I]HUTTTTMHITTTTTTr'* TF7IT»gITM KTTII 11 ■U',.»tJniEHILJL^LiiMEaiiiME33IBEMEIEMIM!IiIWII3IIIMCIII| i fmTMtTTTitryTMiTml ALSO ACCEPTMG FOR AWnOP, L. WAR*. UK,
      130 words
    • 215 25 LICOIiNE J gi«::if.*: a.* :u it: M/V CGM VI LAY VIILSS M/V AMMGNAC V ***** M/V CGM VAR VILS6 Scan Dutch 9 To Europe (Med/UK/NC/Scan) To Red Sea/Mediterranean SINGAPORE I JEDDAH CASABLANCA PIRAEUS From Europe From Red Sea/Med. HONG KONG KOBE 1/11 MOTHER FEEDER FEEDER VESSEL/VOY SINGAPORE P. KELANG PENANG
      215 words

  • Page 26 Advertisements
    • 238 26 WEC. WFJJT EUROPEAN CONTAINER LINES NEEKLT FULL CONTAfO SERVICE VIA ROTTERDAM TO: CXNARY ISLANDS TENERIFE. LAS PALMAS. FUNCHAL PORTUGAL LISBON LEIXOES (LCL ACCEPTABLE) =1 FORTNIGHTLY FULL CONTAINER SERVICE TO: EAST AFRICA MOMBASA. DAR-ES-SALAAM THROUGH RATES AVAILABLE FOR INLAND HAULAGE TO ZAMBIA MALAWI ZAIRE UGANDA. RWANDA BURUDI SUDAN SINGAPORE AGENT: ALPHATRANS
      238 words
    • 314 26 Mitsui OS K Lines. Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S —--.NO Hi au r x uttta EAST AFRICA HEROINAE 8 Nov Mombasa. Daressalaam. Tanga NEDLLOYD MOJI 15 Nov Mombasa. Daressalaam GLORIA PEAK 24 Nov Port Louis. Reunion WEST AFRICA MORNING GRACE 13 Nov P Noire. Monrovia. Abid|an. Tema. Apapa SOUTH AFRICA OSAKA MARU
      314 words