The Business Times, 13 November 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 WEDNESDAY, NOVEMBER 1», IMS 75 CENTS
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  • 453 1  -  By ALVIN TAY A POLICY Owners' Protection Fund may be established by the Monetary Authority of Singapore to cover insurance policy holders if their insurance company goes bust. The Insurance (Amendment) Bill, now awaiting Parliament's approval, provides for the setting
    453 words
  • 608 1  -  Brigadier-General Lee studies new ways to help small businesses By BOEY KIT YIN A HARD LOOK at policies affecting small businesses is to be taken by a new high-level government committee headed by Brigadier-General (Res) Lee Hsien Loong. Backed by a $100 million budget from the
    608 words
  • 493 1  -  By MONICA GWEE HIGH COSTS and inflation in a recession were yesterday put forward as serious enemies of improved productivity for smalland medium-sized enterprises. Fixed costs most concerned managers who attended yesterday's productivity seminar for top managers in small- and me-dium-sized enterprises (SMEs). High labour costs,
    493 words
  • 144 1 mm m^mi CONTRARY to expectations, ■hare prices fell shanly across the board the Stagapare stack market yesterday. Mast brokers aid dealers had eeafideatty predicted Wall Street's Impressive perfermaaee aad the retarn d sabstaatlal amaaats af laads siphoned sff earlier far the MAS losae te have a
    144 words
  • 328 1 AFP THE JAPANESE government yesterday submitted a Bill to Parliament freeing imports of refined petroleum products. These products are to be allowed into Japan next January if Parliament approves the legislation, which would end a ban on imported petrol, kerosene and diesel
    AFP  -  328 words
  • 132 1 AP THE PRESIDENT of the Organisation of Petroleum Exporting Countries, Mr Subroto, shares fears that the cartel may be forced to lower its official price to less than US$2O a barrel. Mr Subroto, who is Indonesia's Minister for Energy and Mines, told the
    AP  -  132 words
  • 247 1 Bernama MALAYSIAN Finance Minister Daim Zainuddin yesterday defended his Budget Day forecast of a 6 per cent economic growth next year, saying that the government would take "appropriate measures" to achieve the target. Allaying doubts about the forecast, which economists and several members
    Bernama  -  247 words
  • 91 1 UPI THE AUSTRALIAN economy registered its worst monthly current accounts deficit on record in October. The Bureau of Statistics announced yesterday that the October current accounts deficit was US$lO63 billion up $379 million from the September deficit. It was the worst monthly current accounts shortfall
    UPI  -  91 words
  • 194 1 IN AN UNUSUAL departure from its usual financing arrangements, the Export Credit Insurance Corporation of Singapore (ECICS) is raising funds on the capital market instead of relying on the uncalled paid-up capital of its shareholders. For the first time, the ECICS is raising US$2O million through
    194 words
  • Page 1 Advertisements
    • 121 1 (O) T Most widely used in Singapore. TAG No 331-WTW OciTvcom RT£ Lira Tel 743 5555 MI Account Overseas Union Bank offers you Ml Account, the unique fixed deposit scheme. Unlike normal fixed deposits, Ml Account pays you interest every month. This way, the interest you earn works out to
      121 words
    • 263 1 Government bodies to coordinate aid for enterprises, Page 2 Leader, Page 10 SHARE INFORMATION MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV RADIO DOONESBURY BRISTOW OUR VIEW SCEPTICISM ABOUT new government efforts to help smoll businesses is understandable. The establishment of a Small Enterprise Bureau is an implicit admission that
      263 words
    • 0 1 _"\}]&:[\/;$''*?(!*.+;/)=<@]^;{
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    • 135 1 Whore efficient and personalised service is a tradition FOUR SEAS COMMUNICATION B A L T 0 <># t** OCBC Gf >up Of course the ZX-410's primary function is still an efficient, sophisticated electronic typewriter that simplifies your typing and improves company document appearance. But it's nice to know that should
      135 words

  • HOME NEWS
    • 353 2  -  By ELAINE KOH THE FIRST SURVEY on the outlook for Singapore's hotels has confirmed that the figures add up to a cheerless prospect between now and 1990. The number of visitors is expected to show only a 5 to 7 per cent growth over
      353 words
    • 435 2 UNDER THE PROPOSED Small Enterprise Bureau, several government organisations hope to coordinate their efforts to help small businesses. Here is an outline of how they plan to focus on the problems of small and medium enterprises (SMEs). The National Productivity Beard. An emphasis
      435 words
    • 307 2 THE THREAT OF increased international protectionism would generate "more noise than harm", according to the Lee Kuan Yew Distinguished Visitor, Dr Charles L Schultz, the economic adviser to former US President Jimmy Carter. Dr Schultz said that the noise emanating from "protectionist
      307 words
    • 225 2 PRESIDENT WEE Kim Wee will open the 24th Orient and South East Asian Lions (Oseal) Forum on Friday at the World Trade Centre. About 5,000 participants will attend the three-day event organised by the Lions Multiple District 306. This is the third forum organised
      225 words
    • 310 2 SUGGESTIONS that the Asean countries pool their resources to market to the rest of the world were made yesterday by the Malaysian Deputy Minister of Finance. Companies in the region could form private ventures and work together instead of competing with
      310 words
    • 136 2 CHILDREN'S mental health problems its nature and magnitude, and what can be done to tackle them will be discussed in a four-day World Health Organisation regional working group which starts today at Novotel Orchid Inn. The meeting, organised jointly by WHO and the Ministry of Health,
      136 words
    • 421 3 INSTANT FACTS on interna-tionally-listed stocks, securities, and commodities will be made available in Singapore through a joint venture by two major US financial information bureaux. The service will be offered by Associated Press-Dow Jones (APDJ) and Quotron System Incorporated, the majority partner in
      421 words
    • 205 3 INTERNATIONAL Business Machines has filed legal action against two companies in Singapore for allegedly using a Basic Input Output System (BIOS) chip to which it has copyrights. This ROM (read only memory) chip contains all the routines for handling the input and output
      205 words
    • 372 3 ALEXANDER POPE once said that to err is human, to forgive, divine. However, if it were an error repeated 2,000 times, most would agree that it should be corrected. Publisher Graham Brash (Pte) Ltd was recently forced to withdraw all copies of its recently released
      372 words
    • 281 3  -  By LUCY NG A COUNCIL to act as the watchdog of the furniture trade will be set up early next year by the Consumers Association of Singapore (Case). This follows the rise in the number of furniture-related disputes. There were only
      281 words
    • 37 3 MR COLIN KRE ELAND, Secretary of the Australian Department of Aviation, arrives tomorrow for a one-day visit. He will be accompanied by Mr Jim Weber, director, international organisation and facilitation section of the department.
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    • 284 3 A PLAIN PAPER facsimile and a "talking" laser copier capable of enlarging up to 400 per cent are among the range of high-technolo-gy business equipment that will be on show at the twoday Canon Grand Fair beginning today. But
      284 words
    • 242 3 SEE HUP SENG has been awarded three contracts worth $5.3 million for corrosion prevention work at the Pulau Seraya Power Station and the Mass Rapid Transit System's Bishan Depot. The local corrosion prevention treatment company will be paid $2 million for
      242 words
    • 519 3  -  By BOEY KIT YIN AFTER STAGING a comeback last year, Singapore's garment and textile industry looks fated this year to return to the dull conditions of the previous two years. Domestic exports of garment and textile items slipped 3 per cent to $588.3 million
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    • 213 3 TOURIST ATTRACTIONS which have been drawing the crowds, and travel agencies which pack innovative features in their tour itineraries are among the 83 entries received for the first Tourism Awards competition. Five tourist attractions will be vying for the "Outstanding Tourist Attraction" award, while
      213 words
  • Page 2 Advertisements
    • 415 2 APOLLO" DOMAIN THE BORN In 1980. Apollo™ [Domain was conceived to set a new standard for computers in engineering. Key people from the computer industry formed a venture capital company, which went public in 1983 as Apollo™ Computer Inc. In a short period. Apollo™ has become a world leader in
      415 words
    • 111 2 WORLD'S FINEST WHOLE-BEAN COFFEE "*«K s V BONCAFE is 100% pure, freshly roasted, choice coffee beans from the key regions of Costa Rica. Colombia. Brazil and Kenya. Packed in a special gold foil bag to seal in the original freshness of good coffee. And ground only as and when you
      111 words

  • Page 3 Advertisements
    • 278 3 LAST TWO DAYS! I revolution as If gains control In the financial worn. With the unprecedented fluctuations in commodity prices, interest rates and foreign exchange, information regarding investments, purchases, sales, funding, hedging and a host of other financial decisions can no longer be trusted to the traditional methods of communication
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    • 135 3 ■< "Sg* ><■ M <•* mm W *i V :<v >- > m ii m% w. > jr *2.< rtk •<* #5 a j in excellence unrivalled master Szechuan cuisine |fr>ote skilfully reproduced ks auspicious occasion Burfrefreshingiy cool and delicious que of Meisan's specialty desserts from October 15 November 15.
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  • OVERSEAS
    • 417 4 AP FOREIGN PRODUCTS in Japan are often far more expensive than Japanese domestic brands because of the hefty profit margins taken by importers. A report compiled by a private advisory group to Prime Minister Yasuhiro Nakasone, released yesterday, found that mark-ups by
      AP  -  417 words
    • 255 4 AP THE AMERICAN who taught the concept of quality control to the Japanese in 1960 has warned his successful students to take care not to succumb to the "diseases" of Western management. Mr Edwards Deming, addressing a top management quality control conference on Monday in Japan,
      AP  -  255 words
    • 78 4 Reuter THE EASTERN province of Jiangsu has become the richest in China with per capita income among peasants this year averaging 493 yuan (US$l54). The New China News Agency reported on Monday that rural incomes in the province more than doubled between 1980 and 1984 because
      Reuter  -  78 words
    • 293 4 AP INDIAN Prime minister Rajiv Gandhi, dedicating an unsafeguarded atomic research reactor yesterday, said India did not need a nuclear bomb for now. "Though we have the full capacity to make a nuclear bomb, I don't see the need to make one at present," Gandhi
      AP  -  293 words
    • 149 4 AP PARTICIPANTS in a national symposium urged the development of a real estate market in China, saying free use of land is unsuited to developing the economy. The English-language China Daily reported on Monday that all land in China is owned by
      AP  -  149 words
    • 808 4 ARRIVALS Operator Service Local From number time PAA PA2I/5 0020 LAX/TYO/HKG SIA SQ4I 0605 MAA CAL CI010 0815 JED/DHA MAS MH68I 0820 KUL KAL KE624 0840 KUL MAS MH603 0905 KUL MAS MH811 0940 PEN MAS MH67I 0950 KUL SIA SQI03 1005 KUL RBA BI42I 1030 BWN
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    • 259 5 FT THE SOUTH AFRICAN government is drawing up contingency plans for the repatriation of black foreign migrant workers which could affect the future of nearly two million people and cause major problems for the mining industry and relations with neighbouring black states. Mr Pietie
      FT  -  259 words
    • 301 5 FT THE DRAIN OVERSEAS, especially to the US, of Britain's best scientific brains is becoming a serious worry to scientific laboratories, Sir Keith Joseph, the Secretary for Education and Science, has been warned by his scientific advisers. In a report
      FT  -  301 words
    • 476 5 AP THE UNITED STATES has stockpiled enough of the (our most strategic minerals to weather a 14-month cutoff in imports, according to a group of private defence analysts in a report designed to minimise fears of future foreign embargoes. The report
      AP  -  476 words
    • 393 5 FT THE DIRECTOR-GENERAL of the United Nations Food and Agriculture Organisation has put forward a three-point plan to deal with the threat to agricultural exporting countries presented by the mounting problems affecting world trade. Mr Edouard Saouma said on Monday
      FT  -  393 words
    • 79 5 AP THE UNITED NATIONS General Assembly has approved without a vote a resolution inviting all nations to Join in commemorating 1966 as the "International Year of Peace". Monday's resolution, introduced by Costa Rica, calls upon "government and non-govern-mental organisations and communication media to
      AP  -  79 words
  • Page 4 Advertisements
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      690 words
    • 122 4 fori Am Clipper Class. For The Price Of An Economy Ticket. THE EQUATORIAL KUALA LUMPUR, A GREAT PLACE TO COME HOME TO FOR A GREAT DEAL LESS AT Enjoy the warm attentive service and the complete amenities we have for a great stay SOO superb rooms and Suites Talk of
      122 words

  • Page 5 Advertisements
    • 98 5 "You think him worth flattering George Bernard Shaw Royal Salute. The ultimate form of flattery. The ultimate gift. After all, what really flatters a man is that you think him worth flattering I v m A I c C \J ft'* Wf 4 WOV V V L v tgVw if
      98 words
  • Page 5 Miscellaneous
    • 50 5 Doonesbury w n M 1 m t! Ml 111X4 nt »< i Ui if.i VVI u. m 2 u. H BY GARRY TRUDEAU mL,IHMETDSAY youfe RIGHT, *X.l£AOi. -M&tSyUHatIK&PMi F'.'A/#4.-:/ ONSCMETARMSODNTRCL VIOLATIONS. II! kJiil L+mJM SUPER' NOW,HOW ABOUT VOURPOCKEIS 7 UH. couwwußMny sun tXRPOCmSFOR OUR CAMERAS 7 m lis© %111 ft
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  • WORLD BACKGROUND
    • 735 6 Wellington at odds with Americans, French and Soviets AP NEW ZEALANDERS, who used to complain that the world ignored them, now find themselves at odds with a large part of it the United States, France and the Soviet Union. At the same time,
      AP  -  735 words
    • 591 6 Reuter EUROPEAN high-tech companies are realising that they must look beyond their own borders for future growth and the favoured target is the huge, homogeneous and relatively unrestricted US market. "European companies need 8 to 10 per cent of the world
      Reuter  -  591 words
  • Page 6 Advertisements
    • 154 6 v IS i. V.; 1 r >'4 >: ij V a a >'m£wm ■MM gj% ?^%^!S*yygd J-' if. 4£.\ Announci a bigger a the arrival of better business class. We don't have to tell you how popular our Marco Polo Business Class is. The fact that we've had to add
      154 words
    • 167 6 Catch the good feelings at the Tavern Show Bar. 5K 3 The Plaza Hotel is proud to present the f charming duet of Kuo Po and Belinda Foo, M a PP ear n 8 nightly at the Tavern Show Bar. J Their repertoire ranges from sentimental favourites to the latest
      167 words

  • TRAINING & DEVELOPMENT
    • 427 7 Seminars and uannen IOI 4.1 1UIO 1 ■v on Tlx: RS II uourses 1 Fax: 274 4666 ir DURATION TITLE VENUE ORGANISER TELEPHONE Nov 19 Apparel Manufacturer's Goodwood Park Island Apparel *****22 Control Hotel and Singapore Textile and Garment Manufacturers' Association *****22 Nov 19-20 Performance Planning PIL Building
      427 words
    • 417 7  -  Specialist courses to help small businessmen By CHUANG PECK MING A TRAINING PROGRAMME designed to help local entrepreneurs set up business is being examined by the Singapore Society of Accountants. Working on the premise that a small business cannot afford specialists, the 75-hour programme believed to have been
      417 words
    • 194 7 THE CONSTRUCTION Industry Development Board is holding a seminar on curtain walls on building exteriors. It will be held on Nov 19 at the Hyatt Regency. Sponsored by the Singapore Institute of Architects Building Centres, the seminar is intended as a forum to sound out the
      194 words
    • 135 7 LOCAL COMPANIES need to improve their product quality, design and packaging to capture a bigger share of the world market. Once good quality and design are achieved, the problem of successful marketing must be tackled. Dr Ang Kok Peng, the Member of Parliament for Buona Vista
      135 words
    • 80 7 THE SECOND glass and window exhibition will be held in conjunction with Intersafe 4, an exhibition on safety, security and fire protection from Nov 19-22. The shows will be held at the World Trade Centre. About 100 companies from Europe, Japan, Hongkong, China, Mexico, the Philippines
      80 words
    • 72 7 DIRECTORS' rights and obligations will be the subject of a one-day conference on "Company Directors and the Law" on Nov 28. A team of lawyers will discuss the amendments to the 1964 Companies Act and the impact of the changes. The conference, to be held at the Shangri-La
      72 words
    • 304 7 ABOUT 300 companies from 18 countries will take part in ChemAsiaBs, the fourth international chemical and process engineering show and conference. To be held from Dec 3 to 6 at the World Trade Centre, 51 of the participants will be from the UK, taking part under
      304 words
  • Page 7 Advertisements
    • 272 7 IBF The Institute at Banking Finance TRADING OPTIONS 18 20 Nov 1985 Currency options are the latest technique used in hedging foreign exchange risks. They can be bought over the counter from a bank or they can be traded in one of several exchanges in the US, UK or Europe.
      272 words
    • 155 7 24-hour renovations loans. Easy repayments. Yes, refurbishing your home is simple with a partner like Citibank to help. You see. we'll give you a personal loan of up to $50,000 to renovate your home with. In just 24 hours. What's more, no collateral is needed. As long as you are
      155 words

  • MONEY AND EXCHANGES
    • 556 8 NYT lAN HAY DAVISON, the chief executive of Lloyd's Insurance Market, has resigned his £120,000 a year position in one of the biggest staff upsets to hit a large British financial institution in years. A major rift has opened up between Mr Davison, the
      NYT  -  556 words
    • 191 8 HONGKONG: GOLD yesterday closed little changed in dull trading, partly due to the sluggish foreign exchange market. The bullion price finished at U*****.95/323.35 an ounce against an initial $323.00/40 and New York's close of 322.90/323.40. On the local market, the metal ended HK$3 lower at $3,007 a tael. The
      191 words
    • 241 8 Interbank rates ot 3pm yesterday: Currencies Nomini it rate* md Offer croea parity change Local dollars to one unit of foreign currency: US dollar 2 1165 2.1175 2.8196 -2494 Sterling pound 3 0011 ***** ***** -59 15 Australian dollar 1 3863 1 3911 ***** -59 57 NZ dollar
      241 words
    • Article, Illustration
      626 8 SINGAPORE THE US dollar yesterday closed mixed against most major currencies after fluctuating within a very narrow range in quiet and featureless trading. It closed little changed at 205.70/85 yen compared with London's 205.73/83 close, at 2.1560/70 Swiss francs against 2.1555/75 but lower at 2.6245/55 marks against 2.6260/80.
      626 words
    • 126 8 THE OVERNIGHT rate on tbe Singapore interbank money market fell by 14 point from last Friday to close at 4H per cent yesterday. The one-month term rate rose by 3/16, the three-month rate rose by 1/16 while the two-month rate fell by 1/16. Discount Prices At yesterday's close
      126 words
    • 251 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at slightly lower opening levels in quiet afternoon trading. Short-dates weakened 1/16 point at the outset and thereafter remained unchanged. Overnight and week fixed closed at a common 814 8 per cent. latorhaak §m wM rates us$ 0++«r M 7 days
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    • 343 8 BA Futures DECEMBER Earedellar yesterday opened unchanged from IMM's level at 92.11 but higher than Friday's close of 92.02. Technically, the market still looks bullish. However, corrective moves are expected in the near term in the absence of widely anticipated discount rate cut and the latest FOMC minutes which
      BA Futures  -  343 words
  • Page 8 Advertisements
    • 187 8 Expand your sphere of influence. A 8 X SM v ,< Now with Bank of America your network can span over 75 countries, with superior technology and top level personal support There's one bank that can offer you the world and deliver it. Bank of America's network gives you the
      187 words
    • 306 8 F^rforma I NOVEMBER FILM PREMIERE For only SslB.oo, you can learn from THE UNORGANISED MANAGER Parts 3 and 4 By Video Arts on how to be a better organised manager. THE JUGGLER By Cally Curtis on how to increase the power of concentration on the task at hand. STRESS By
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  • BANKING AND FINANCE
    • 190 9 Reuter WEAK ECONOMIC growth and a decision to overlook strong growth in M-l money supply could prompt the US Federal Reserve to relax monetary policy further, with a one-half point cut in the discount rate to 7 per cent possibly in the offing, said
      Reuter  -  190 words
    • 101 9 SEVERAL BANKS have been invited to join the management team for Neptune Orient Lines (NOL)'s proposed US$5O million capped floating rate notes. The finalised terms include a seven-year maturity and an interest rate of 5/16 percentage point above the London Interbank Offered Rate. The
      101 words
    • 145 9 Reuter THERE IS currently little support for setting up a British private sector export bank. UK Treasury Secretary John MacGregor, in a written reply to a parliamentary question, said this was the conclusion reached after extensive consultations between the government, the
      Reuter  -  145 words
    • 68 9 Reuter THE RESERVE BANK of Australia has lifted the Treasury note rediscount rate to 18.25 per cent from 17.50 per cent effective immediately. The rate is paid by the bank on notes purchased prior to maturity. The bank has lifted the rate from 16.5 per cent
      Reuter  -  68 words
    • 163 9 Bernama PHILIPPINE Prime Minister Cesar Virata has indicated that the weakening of the exchange rate of the peso against the US dollar is probably due to the lowering of interest rates and that there is "still a very high liquidity". Mr Virata, who is also the
      Bernama  -  163 words
    • 291 9 Reuter THE NETHERLANDS plans to liberalise its capital market fully by Jan 1 in a bid to keep pace with liberalisation in competing world financial centres. A Finance Ministry spokesman yesterday confirmed a report in the Dutch economic daily Financieele Dagblad
      Reuter  -  291 words
    • 455 9 Financial liberalisation is squeezing earnings Reuter FINANCIAL liberalisation is squeezing the earnings of Japanese banks and creating a competitive arena in which some of them will disappear. Financial analysts said Japan had had no major bank failure since before World War Two, and no one
      Reuter  -  455 words
    • 228 9 Reuter THE BANK OF JAPAN has injected 300 billion yen into the money market by buying twomonth commercial bills to ease tightness at some banks before the Nov 15 monthly reserve requirement reporting date. Money traders yesterday said the purchasing rate was 7.75 per cent
      Reuter  -  228 words
    • 295 9 JAPAN'S soaring surpluses are going to present the world's financial system with a recycling problem on the same scale as that posed by the rush of petrodollars witnessed in the *****, according to the Manufacturers Hanover Trust Company (MHT), a leading US bank. This year's surplus,
      295 words
  • Page 9 Advertisements
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  • FEATURES
    • 455 10 NEGLECT BY THE GOVERNMENT has been a favourite complaint of small businessmen. Their grouses were not always valid. The government has never really neglected small enterprises, even if it was previously keener on multinational corporations. Schemes to help small businesses are not new but some
      455 words
    • 1094 10  -  Jakarta 'entering the era of a social security system through the modern social insurance schemes' In Indonesia, three quarters ol the unemployed are still supported by their family and friends and it is a daunting task for the government to implement a comprehensive social security system
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  • Page 10 Advertisements
    • 111 10 Our close relationship to gold can be explained by the fact that we are the oldest Swiss bank and know its value from long experience. A nice connection between the daily pleasure of wearing a piece of gold and the lasting memory of successful bank transactions. Bank Leu Bank Leu
      111 words
    • 150 10 Austria is here! Come to the Mozart Festival: a veritable celebration of life... Viennese style. 10 whole days of merrymaking, dining and drinking, to music by the wellknown HannesTrio. Work your way through the magical, irresistible charms of Austrian cuisine Here's a guide: The Hubertus Grill Austrian Businessman's Lunch in
      150 words
  • Page 10 Miscellaneous
    • 657 10 CRYPTIC PUZZLE ACROSS I Tarmed and 'ate looking (5) 6 Trick fastener? (5) 9 A good distance in great haste (7) 10 Impale a piece of broccoli? (5) 11 The shade of blue for blood? (5) 12 A brush with the gardener? (5) 13 Where to drink a brew m,
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  • SPORTS
    • 551 11  -  Top players from Toyota Open show interest ellesse CIRCUIT '85 By WALTON MORAIS AFTER THE SUCCESSFUL fourth leg over the weekend, the Ellese Circuit '85 tennis championships gear up for a grand finale next month with a promise of more excitement. Top players in the recent Toyota
      551 words
    • 545 11 UPI BRITAIN'S Sandy Lyle could be excused for taking life easy, following a golden summer during which he became the first "home" golfer to win the British Open since Tony Jacklin in 1969. That stunning July success at Royal St Georges, Sandwich, turned Lyle into
      UPI  -  545 words
    • 268 11 THE AILING English soccer league was expected to discuss the most radical restructuring programme of its 97-year-old history when the chairmen of its 92 clubs met in London yesterday. Against a background of dwindling attendances, the loss of television coverage and its accompanying revenue,
      268 words
    • 335 11 SRI LANKA was brought firmly down to earth as it lost the third test, and the series, against Pakistan on Tuesday. In a total of seven matches, three tests and four one-day internationals, the visitors failed to secure a single victory. Pakistan won the
      335 words
    • 117 11 AFP FRENCH Sports Minister Alain Calmat's decision to give the Ligier motor racing team US$l.26 million from the recent-ly-started sports loto has sparked off a row with amateur sports bodies. Guy Ligier, who also secured sponsorship from the state oil company Elf,
      AFP  -  117 words
    • 356 11 AP BORIS BECKER, back in Britain for the first time since winning Wimbledon in July, said on Monday that beating the world's best players at subsequent events had proved his triumph at the famed Grass Court championships was no
      AP  -  356 words
  • Page 11 Advertisements
    • 138 11 TITLEIST 384 golf ball is miles ahead of its rival. The Official Ball Count on the U.S. Pro Tour Circuit places TITLEIST in the No. 1 spot, leading by 5 to 1 over its nearest competitors. (Source: Darrel Survey Company, U.S.A.) What's more TITLEIST 'No-Cut' Guarantee is a dare If
      138 words
  • Page 11 Miscellaneous
    • 1150 11 Maurice Chevalier (right)... flamboyant and lovable APPLAUSE Thank Heaven lor Maurice Chevalier 9.00 pm, Channel 12 For more than 50 years, people knew Maurice Chevalier as the bright, charming, bubbling man with joy and overflowing with wit and music. Tonight, the programme will show another side of this man, who
      1,150 words
    • 126 11 Play golf the Sevvy way (J THINK IT IS BETTER TO TRY TO PRAW THE BALL THAN TO GAPE IT. play my best golf hitting THE BALL FROM RIGHT TO LEFT. FEEL HAVE MORE CONTROL. MANY I HANOI CAP GOLFERS WiF MAKE IT IMPOSSIBLE FOR THEMSELVES TO HIT THE BALL
      126 words

  • INTERNATIONAL STOCKS
    • 537 12 Reuter THE NEW YORK stock market's performance over the past seven weeks has touched off a debate about how to read the strength in blue chips. While some analysts say interest-sensitive issues and beneficiaries of a weaker dollar are leading an advance, others point
      Reuter  -  537 words
    • 289 12 UPI THE NEW YORK stock market set off fireworks on Monday as both the Dow and broader market indices smashed through records. The Dow's 27.52-point jump was its largest one-day gain since Jan 21. The Dow Jones Industrial Average closed at a record
      UPI  -  289 words
    • 115 12 NOV 11 Atxnbi c$ 17* Imp CM Inco Int Ptov P^>« 52* 16* 45* 18* unch ■f Aicon 35 1* 16* 19 unch Argoen HkJgs Bonk Mont 33 Bonk Nova Scotia Bel Conodo 14 42* 31* ■f unch -U MoKon A 19 27* 34* 40* 14* 17* 4* Cortmg
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    • 200 12 NOV 11 Road Unoac 580 unch Wootworrh 1150 unch INDUST1IALS MININGS 840 3425 75 175 -3 ***** 725 1560 35 390 Buttefc 7400 100 AMiC 2850S 800 1070 1175 -10 2330 20 1950 1025 45 CNA 170 De Beers 1440 5 Currie Fnonce 4506 unch Ones 5200 225 7800
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    • 695 12 NOV 11 US$ Akan AJurrwi 26V* 1 Alcoo 34* 1 Alegheny Lud 25* Afced Cham Cp 43* unch Afced StofB 63 -ft AAs-Chafcners 3* 4-* Am Brands ktc 58* ft Am Broadcast 118* ft Am Can Co 61* ft Am Cyanamd 55* Am Elec Pwr 22* Am Express
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    • 651 12 Amsterdam NOV 11 Fb ABN 547 00 2 Aegon 106 50 2 Ahold ***** 6 5 Ak 20 129 60 13 78 30 2 1 Amtoi Amro Bonk 99 60 +0 3 8*rV*l 40 50 unch Boh Bocvjmn 480 00 -2 Boskotrt Bur Tat 122 00 2 Colond
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    • 222 12 Reuter BLUE CIRCLE Industries PLC has agreed to acquire the privately-owned US company Williams Bros Inc, based in Georgia, for US$9O million in cash. The price will be paid by using undrawn facilities available to Blue Circle. Williams Bros has substantial interests in ready mix concrete,
      Reuter  -  222 words
  • Page 12 Advertisements
    • 543 12 M m r «5= c->Tc 3 <w.: kV 4 *M** -T7-;, 7 k m*m il > im tUlm 0**431 f unkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50 -HFURAMA
      543 words
    • 130 12 London stocks, Page 17 Cafe de Prince's v r L .N Jk 1 WT delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10++ (child). CRQWTI OPRTNCE HOTEL liNQtronE lanaard b» rnncc «o«ct» -Mpjn Continuing the Prince hotels tradition of friendly
      130 words

  • ASIAN STOCKS
    • 352 13 TOKYO: Share prices dropped sharply in light trading yesterday as investors' deepening pessimism prevented a positive reaction to Monday's highs on Wall Street. The market average lost 86.18 to close at 12,735.08 after losing 29.79 on Monday. Turnover was 250 million shares against 230 million on Monday. Large-capitals were
      352 words
    • 100 13 MANILA: Share prices closed generally higher in quiet trading yesterday. The commercial and industrial index rose 1.52 to 172.04 and oils were up 0.018 at 0.828 but the mining marker eased 5.80 to 686.60. NOV 12 P«0» 0001 -0 0002 Marttett Onantai B Phiex B 0016 0 15 0001
      100 words
    • 362 13 SYDNEY: Australian sharemakets closed easier yesterday afternoon with poor balance of trade figures and the Australian dollar's fall depressing investor confidence. Near the close of trading, the All Ordinaries index was off 7.8 points at 1023.9, the All Industrials 9.9 at 1494.8, the All Resources 6.0 at 659.4 and
      362 words
    • 80 13 NOV 12 Won Hyundai Corat 900 inch Hyundai Mofor 1020 8 740 2 KAL 597 28 Chohoung Bk 708 -2 Korea Fr»t 758 inch Comm«f ckjI Bk 758 unch 1316 •9 S85 +23 Korea 429 6 Daewoo Corp 562 10 Lucky Ltd 720 25 750 25 Sarmung Co 754
      80 words
    • 352 13 HONGKONG: Share prices yesterday closed mixed after opening higher on news that Evergo Industrial plans to acquire Chuang's Holdings and its affiliate, Lambda Technology. Evergo rose 22 HK cents to 77 cents after the lifting of a one-day suspension but Lambda and Chuang's remained suspended pending an announcement. Small
      352 words
    • 145 13 BANGKOK: Share prices closed lower in light trading. The Book Club index fell 0.71 point to 129.38 and declines led advances three-to-two. Turnover stood at 208,263 shares compared with Monday's 103,604 shares. The Taipei market wae closed for Dr Sun Yat Sen's birthday. NOV 12 iam Cituan 87 -2
      145 words
    • 387 13 Reuter THE BEARISH MOOD on the Securities Exchange of Thailand (SET) looks set to persist well into next year as both political and economic worries continue to beset the market. Gains from the three-month rally earlier in the year which took the SET index to a
      Reuter  -  387 words
    • 213 13 Reuter EVERGO INDUSTRIAL Enterprise Ltd is offering 42 HK cents each for all outstanding shares of Chuang's (Holdings) Ltd. According to Citicorp International Ltd, Evergo's financial adviser, Evergo will also pay 70 cents per share for up to 79 per cent of Lambda
      Reuter  -  213 words
    • 129 13 Reuter MERRILL LYNCH and Co is participating in a Taiwan-based consortium which plans to set up an investment fund for the inflow of overseas capital into the Taiwan stock market. Merrill Lynch is discussing the size of the fund with the Securities and Exchange
      Reuter  -  129 words
  • Page 13 Advertisements
    • 534 13 i i i fi )r.P SHMB >£&*• The start of an experience so authentic yst unique c V •t •4 m m Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA-MANI nujLiiamui TT'-.'IM TV,, 1 Even business is a pleasure at the Seafood-Theatre Restaurant
      534 words
    • 157 13 •vary PROFESSIONAL manager is eligible for Membership of VISITING HONG KONG? CHARMING YOUNG LACXES as escorts and guides for tourists and business visitors. PLEASE CALL HONG KONG 3****** Lett booze to Hie music!! Hot rock or tawotftt* oontamporartaa. thia popular aR-girte, Six Angela your haart. Bring* you Into world oi
      157 words

  • RAW MATERIALS
    • 322 14 AFP MMC METALS, one of the London Metal Exchange's (LME) 28 ringdealing members owned by the Malaysian Mining Corporation, has resigned its seat on the LME. This move, a spin-off from the continuing crisis on the world tin market, is the first of its
      AFP  -  322 words
    • 742 14 COFFEE ROBUSTA COFFEE futures on Monday ended a varied day with pared losses at down £28 to £3 a tonne from Friday's close In directionless business. At the close, second position January was £17 down from the previous close at £1,835, in a £1,865/1,818 high/low. Spot November was
      742 words
    • 185 14 MALAYSIAN crude palm oil (CPO) prices yesterday closed higher on covering interest in light trading, dealers said. They said the rise was more a technical adjustment to last week's easiness, as anticipation of a surplus of CPO following early estimates of higher October output is expected to weigh
      185 words
    • 154 14 ChintN Produce Exchange (Sellers' noon closing pnce» on No* 12 (SV100 kg) Coconut oil Bufc FOB 75 00 Old drum FOB 88 00 New drum FOB 92.00 Copra Mixed (loose) 40 buyers Pepper Muntok White FOB NLW 1080 00 Sarawak White FOB toq NLW 1070 00 Sarawak special
      154 words
    • 181 14 Yarn (U HK$ per bole o* 400 lb) China carded yarn, cooes Hue Phoenix I6's 2,500 Ouc Phoenix 2Cs 2,600 Bin Phoenix 32's 3,000 Bhje Phoenix *Cf s 3,300 Girded yarn, honk Blue Phoenix 2l's 2,750 Combed yom, cones Bfcje Phoenix 32's 4,250 Blue Phoenix 4Cs 4,450 Open-end yarn
      181 words
    • 213 14 SINGAPORE THE MARKET yesterday closed slightly higher with December One RSS buyers quoted at 158.50 cents per kilo, up 0.25 cent from last Friday. MALAYSIA China's presence failed to lift sentiment and the market closed slightly lower at 181.50 cents per kilo for Dec Int One RSS buyers, down
      213 words
    • 299 14 RAS prices in S cwmAt, FOt in b> ales NOON CLOSE lnytn SGMWS Buyers Seters Int 1 RSS Prompt 156 75 157.75N 156 75 157.75N Int 1 RSS Dec 85 158 50 159 50 158 50 159 50 Int 1 RSS Jon 86 159 25 159 50
      299 words
    • 103 14 (cMts/kg, 1-ton polton) q££ gc, JAN 86 (currcnt month) (forward month) NOON NOON RAS g —1* lyytfs S>Htn SSR 20 147 00 149 00N 148 00 150.00N SSR 50 145 00 147 00N 146 00 148 00N MRELB uvtn S#Hers h«y*rs SMR CV 205.00 207 00N 206
      103 words
    • 285 14 Singapore (S$/kilo, ci-fodown) Frog rant new crop 1st 076 2nd 056 3rd 054 New Crop 25% no stock 10% no stock Thai Broken A-super 052 Special 0 50 Thai Rke 55% no stock China Rice 10% no stock 15% 070 25% no stock 35% no stock Thai Boiled Rice
      285 words
    • 14 14 ts, ClotM9 prtcM on No« 12 KL TIN (M$/k#) Price Suspended Turnover (tonnes) Suspended
      14 words
    • 187 14 WHEAT FUTURES on Monday eased slightly from the highs but managed to post gains of three US cents to V* cent per bushel on the Chicago Board of Trade. December settled at U553.29 after posting a range of 3>/« cents on the day. Rumours of additional upcoming tenders under
      187 words
    • 164 14 SOYBEAN FUTURES on Monday closed quietly mixed, ranging from up one US cent per bushel in March to off 3V« cents in new crop on the Chicago Board of Trade. January settled at USJS.3O'/, after being held to a narrow three cent range on the day. Firm cash basis
      164 words
  • Page 14 Advertisements
    • 133 14 Pullout wofri— traders, Page 17 What they have m common is a most uncommon privilege tY BA OnIyOCBC gives you two gold cards for the price of one. Welcome to The World Now you can possess a powerful credit combination that opens the door to more than 4.3 million establishments
      133 words
    • 137 14 44 S&2 KOB INTERNATIONAL (SINGAPORE) LTD (Incorporated with Imited liability in Singapore) 5 Shenton Way 133-01, 02 05 UIC Building Singapore 0106 US$lO,OOO,OOO Negotiable U.S. Dollar Floating Rate Certificates of Deposit due 13th November 1987 Guaranteed by The Korea Development Bank In accordance with the provisions of the Certificates, notice
      137 words

  • SHARE INFORMATION
    • 4209 15 WORRIES over the tin and oil markets continued to afflict the Singapore stock market which fell heavily yesterday. Malaysian stocks again bore the brunt of the selling. But Singapore stocks, which in the past week had enjoyed Immunity from the selling, were not spared
      4,209 words
    • 273 15 SINGAPORE RiMS Indices Jurong Eng 50< 250 Ska* 336 P Product SOt 58 V> Sfcong«-Lo 211 Kinfi 113 Coid Store lOp 330 Cmksi 50« 242 Udtcope 217 Falls D Karomot 650 HUgi 340 MTP 378 Hmm M 340 U M Flour 970 CASHSOi 290 Peak HM 320
      273 words
    • 3849 15 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      3,849 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 467 16 THE KUALA Lumpur Stock Exchange is to introduce two new market indices which will be used together with the existing 30-counter industrial indicator. Chairman Abdul Razak bin Sheikh Mahmood said the new indices would comprise an allshare index and an all-sector index
      467 words
    • 96 16 Reuter MINLOR Holdings Pty Ltd would make a A 53.50 a share takeover bid for all the issued capital of Allied Mills Ltd, stockbroker AC Goode Co Ltd said. The offer counters a proposed flve-for-four share exchange bid by Fielder Gillespie Davis Ltd
      Reuter  -  96 words
    • 216 16 Bernama MOUNT PLEASURE Holdings Bhd is expected to seek M 571.5 million in borrowings to part-fi-nance the proposed acquisition of the entire share capital of Bintang Tower Sdn Bhd, the developer and owner of the 309room Prince Hotel, now under construction in Kuala
      Bernama  -  216 words
    • 95 16 HONGKONG Hong Seng Index Tuesday 1730.15 Monday 1722.40 Week ago 1692.71 TOKYO Nikkei Average Tuesday 12/35 08 Monday *****.26 Week ago *****.69 TSE Index Tuesday Monday !2!2 lo Week ago 1019.38 SYDNEY All Ordinaries Tuesday 1023.9 Monday 1031.7 Week ago 1014.6 Australian Industrials Tuesday 1494.8 Monday 1504.7 Week
      95 words
    • 259 16 Monogers' prices for Nov 13 8ingapors Unit Trust The Commerce 1 64 1 74 The Savings Fund 1 25 1 32 S'pore Prog Fund 0 70 074 S'pore Sec Fund 1 03 1 09 S'pore Invest Fund 0 78 0 83 S'pore Equity Fund 0 74 0 78
      259 words
    • 314 16 A STRONG WAVE of selling caused share prices to fall sharply across the board on the Kuala Lumpur stock market yesterday. Analysts said further problems arising from the tin crisis caused investors to take to the sidelines. Trading was relatively quiet and most issues recorded
      314 words
    • 3597 16 BID and otter 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. lOUS TRIALS A Choc (2 888 2 90S) (6) 3.00
      3,597 words
    • 517 17 Malaya Tin Printing setting its sight on L M w mm™ HOCK LOCK SIEW MALAYA TIN PRINTING, fresh from its successful takeover of Van der Horst, is now casting its eyes on another listed company in Singapore. And MTP's target this time is said to be LAM Group Investments, the
      HOCK LOCK SIEW  -  517 words
    • 256 17 THE DEPRESSED world chemicals market has again taken its toll on the first-half results of Chemical Industries (Far East) Ltd. Group pre-tax profits were nearly halved to $1.1 million in the six months to Sep 30, from $2 million in the previous corresponding half. Consolidated turnover
      256 words
    • 580 17  -  Partners plan to acquire Australian finance company By AMY CHEOK SYDNEY-BASED Malaysian businessman Lee Ming Tee is teaming up with his new-found partner, Chocolate Products of Malaysia, and Eastern Resources of Australia Ltd to acquire one of Australia's oldest finance companies estimated to
      580 words
    • 634 17  -  By NAJEEB JARHOM THE INTERNATIONAL tin market crisis has taken a turn (or the worse following the latest decision by Malaysia Mining Corp's fully-owned MMC Metals Ltd, which acts as tin brokers and dealers, to withdraw from its membership of the London Metal Exchange.
      634 words
    • 106 17 SINGAPORE AIRLINES is announcing details of its public flotation at a press conference tomorrow. This will be a prelude to its share offer which will be open for public subscription on Saturday. Chairman J Y Pillay, deputy chairman Lim Chin Beng, managing director Dr Cheong
      106 words
    • 971 17 SHARE PRICES opened firm yesterday following the 27-point advance on Wall Street on Monday, although trading was quiet. An optimistic speech by UK Prime Minister Margaret Thatcher helped sentiment but operators were mainly sidelined ahead of UK Chancellor of the Exchequer Nigel Law son's autumn statement yesterday afternoon.
      971 words
    • 246 17 JACK CHIA-MPH Ltd disclosed that its substantial shareholder and chairman Mr Jack Chiarapurk now holds a total interest of 64.93 per cent (or 73.074 million shares) from 62 per cent (or 63.46 million shares) in the company after the allotment of 10.2 million new shares. These shares were
      246 words
  • Page 16 Advertisements
    • 512 16 GUARD AGAINST COMPUTER ARUSES M atKL Dr Wong is one of the world's leading figures in the field of computer security. His involvement with computers goes as far back as 1962 when he first came into contact with computers in numerical analysis work while doing his doctorate in Physics in
      512 words
    • 290 16 NOTICES TAN ENG JOO HOLDINGS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of TAN ENG JOO HOLDINGS PTE LTD held on 8 November 1985, the following Special Resolutions were duly passed. That TAN ENG JOO HOLDINGS PTE LTD be wound up voluntarily and that Messrs Roger Philip
      290 words
    • 111 16 COMPUTER AIDED INVESTMENT DECISIONS p£i I ho sh<irv Market Analwr the moM advanced investment software tool ir the IBM-PC \1 Plot and ana!\se Mock market charts quickk and -in plv Share Market Analyser DATALOGUE the Investment Software Specialists Singapore: 1021 225-3455 Kuala Lumpur: (03l *****05 ta l >N r Si
      111 words

  • Page 17 Advertisements
    • 419 17 Over 3 million Managers and Executives have participated in the Drucker's Executive Program. Can you afford to miss this opportunity? THE PETER DRUCKER'S EXECUTIVE PROGRAM Residential Management training program December 15 21, 1985, Manila, Philippines ABOUT THE MOORAM Developed in US A this licensed program has been implemented among managers
      419 words
    • 360 17 T —r ill —i i i i T —r A closing technique that works 75% of the time. If your sales force doesn't know about it. you may be losing business to those who do. Yes, there's a closing technique that works 75% of the time it is used. And
      360 words

  • 396 18  -  By ANNA TEO SINGAPORE has retained her place among the top 10 countries in civil aviation, thanks to national carrier Singapore Airlines. The measure of performance is in terms of tonne-kilometres (tkm) chalked up including passengers, freight and mail carried on scheduled
    396 words
  • 405 18  -  By SOH TIANG KENG Financial Correspondent ASSETS OF finance companies in Singapore have been dwindling since May, and in August, their combined assets slipped below the $7 billion mark to $6.97 billion the same level as August last year. If the present
    405 words
  • 178 18 THE PENANG Importers and Exporters Association have accused some banks in Penang of going against Bank Negara's guidelines by insisting that borrowers use the services of selected insurance companies, solicitors and valuers or appraisers when approving loans, thus creating a situation where
    178 words
  • 98 18 Bernama THE MALAYSIAN government cannot agree to a proposal to set up an Asean exclusive economic zone because it will affect the EEZ concept which is based on unilateral rights and the principles of national sovereignty. The Minister in the Prime Minister's Department told Parliament
    Bernama  -  98 words
  • 413 18  -  By LOH HUI YIN AMERICAN reaction to Singapore's fight to remain in the US Generalised System of Preferences will be conveyed to Singapore officials today. The visiting US Assistant Trade Representative, Mr Peter Allgeier, who is on a tour of Asean
    413 words
  • 113 18 Reuter CAMPAIGNING on a clean record and taking the line that he will not seek to impose his standards on others, a former general with austere views on sex and nightlife has become the hottest candidate in tomorrow's election for governor of Bangkok. The
    Reuter  -  113 words
  • 376 18 PROPOSALS for the Joint promotion of tourism by China and Singapore could be given support by the Bank of China, said its chairman, Mr Bu Ming, yesterday. The support would have to come from its subsidiaries since the bank's policy precluded it from
    376 words
  • 96 18 COMEX GOLD futures yesterday edged up on dealer buying but the rally ran out of momentum at Monday's highs. Gold for December delivery backtracked to unchanged on small selling from a strong dollar following a brief upturn of US$O.4O to Monday's peak of $324.90. Comex silver
    96 words
  • 61 18 THE NEW YORK stock market turned mixed in early trading yesterday as profit-takers moved in after Monday's advance. The Dow Jones Industrial Average was off two points to 1430 following the dramatic rise of 27 points to an all-time high. Advances had a small lead over declines
    61 words
  • LATE FILE
    • 50 18 AFP LIBERIAN head of state Samuel Doe said yesterday that a coup announced earlier in the day by former armed forces chief General Thomas Quiwonkpa had failed. Speaking from his official residence in Monrovia, Mr Doe said 10 of the rebels had been killed. AFP
      AFP  -  50 words
    • 51 18 AFP A SUICIDE truck bomber plowed into a convent north of Beirut where the Lebanese Front, a major Christian coalition, was meeting yesterday, killing himself and two Lebanese army soldiers, while leaders of the Front narrowly escaped death. Police said 18 people were wounded in the
      AFP  -  51 words
    • 50 18 AFP JAPAN wants Unesco direc-tor-general Amadou Mahatir M'Bow to resign as a condition (or continued Japanese financing of the United Nations organisation, the Jiji press agency said yesterday, citing foreign ministry sources. However, a senior Foreign Ministry official dismissed the report as "speculative". AFP
      AFP  -  50 words
    • 38 18 AFP TALKS between China and Britain's General Electric Corp (GEC) about supplying equipment to China's first major nuclear power station had resumed after a break of nearly three weeks, a British diplomat said yesterday.
      AFP  -  38 words
    • 27 18 Reuter FOUR dozen senior Indonesian army officers were formally retired at a ceremony at Magelang military academy, the official Antara news agency said yesterday.
      Reuter  -  27 words
    • 27 18 Reuter POLICE stormed a Labour Ministry office at Suwon, south of Seoul, yesterday and arrested 25 students staging an anti-government sit-in there, said police.
      Reuter  -  27 words
  • Page 18 Advertisements
    • 382 18 Bridge Over Troubled Waters IF YOU HA VE TRIED OTHER NETWORKS. YOU WILL KNOW THA T NOT ALL NETWORKS ALLOW TRUE SIMUL TANEOUS MUL Tl USER DA TABASE ACCESS. IF YOU ARE SHOPPING FOR YOUR FIRST NETWORK SYSTEM. YOU CAN AVOID THE UNNECESSARY FRUSTRATIONS WITH THE DART ICM A MULTI-PROCESSOR
      382 words
    • 142 18 How Cltißanklng ElectronicL/Cs speed trade to deliver the goods to your bottom line. The rules have changed. If you're still handling Letters of Credit in traditional ways, you could be creating unnecessary headaches for yourself. And missing out on profit opportunities for your company. With Citißanking, you speed the turnover
      142 words
  • Page 18 Miscellaneous
    • 54 18 Outlook for today: Showers over several areas in the late afternoon. Report for 24 hours prior to 7 30pm on Nov 12 at the oirport: Maximum temperature 30.7 Associated humidity 74 Minimum temperature 25.5 Associated humidity 95 Hours of sunshine 0.40 Roinfoll in millimetres 0.9 Rainfoll this month 97.4 Rainy
      54 words

  • SHIPPING TIMES
    • 361 19  -  By JUNE LIM THE SUNGEI BESAR was launched yesterday, 72 days after Bethlehem Singapore began work on the jack-up barge. Construction went along in double-quick time in keeping with the demands of Petroleum Structures Inc, the Panamani-an-registered company which placed the order. It will be delivered
      361 words
    • 205 19 THE FINANCIAL advisers of the Tung shipping group will reveal a rescheduling plan for US$l billion in debts at a meeting with creditors in Tokyo on Nov 18. But before it does so, Shearson Lehman is expected to divulge all information to
      205 words
    • 107 19 Reuter THREE NEW container wharves due to begin operations in the north-east Chinese port of Tianjin next month will be leased to foreign companies which will have full management rights over them, the New China News Agency said. Western diplomats said it
      Reuter  -  107 words
    • PORT SIDES
      • 215 19 Reuter THE AUSTRALIA Middle East Gulf Conference is to adjust its Currency Adjustment Factor (CAF) to minus 0.13 per cent from minus 4.19 per cent, effective on Nov 26. Meanwhile, the Far Eastern Freight Conference said it was adjusting the West Germany/Benelux Currency Adjustment Factor (CAF) to 11.72
        Reuter  -  215 words
      • 72 19 Reuter THE GENERAL COUNCIL of British Shipping (GCBS) said its tramp trip charter index for October rose to 88 from 82 in September. The latest index remains well below the 1985 high of 106 in January and the 104 ruling in October 1984 and sharply
        Reuter  -  72 words
    • 1181 20 TIME CHARTER business dominated the London shipping freights market at the end of the week. In the Far East, Korea Shipping paid U554,600 per day to the 76,400 dwt Ratna Deep for a Nov 20-30 trip from Japan to the Continent, while other business included the Mitsui OSK
      1,181 words
    • 811 20 Sea trade LATE IN September, West African shippers completed yet another round of successful freight talks with foreign shipping lines. Although there had been no agreement three months earlier at talks in Paris, the latest Ivory Coast accord shows just how
      Sea trade  -  811 words
    • 710 20 BUSINESS was again disappointingly slack over the past week on the freight market, where rates consequently showed signs of further decline on several key routes. The public holiday in Japan on November 4 stemmed interest at the outset from that country, whose charterers were later able to obtain
      710 words
    • 895 20 A Top Ent X 2 AB Shpg V 5 Accord Shpg X 2 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Alpha trans X 3 Aqua Lnes IX 3 Arrow Lines X 5 Atlas Lines X 1 Anro Service IV 3/4 ANL 1
      895 words
    • 84 20 LLOYD'S Register of Shipping has been asked to class a new range of three ore bulk/oil (OBO) carriers for Wah Kwong df Hongkong. The carriers, by far the largest of their type yet, will be built by China Shipbuilding. Each will have a tonnage of
      84 words
    • 174 21 Reuter A CONSORTIUM representing 14,000 workers and managers at Britain's main submarine builders has launched an attempt to buy a majority stake in the state-owned company when it is privatised next year. A spokesman said on Monday the consortium would bid for
      Reuter  -  174 words
    • 279 21 THE CHAIRMAN of Ellerman Lines, Mr Anthony Cooke, is spearheading a buy-out of the restructured shipping company. Mr Cooke told Lloyd's List that the management of Ellerman Lines, together with a consortium of financial institutions, was at an "advanced stage" of negotiations with
      279 words
    • 189 21 OVERSEAS Containers Ltd has been voted number one for service by exporters and importers in the UK in two independent surveys carried out by the UK shipping trade press. Apart from scooping the overall award, OCL was also voted top in two of
      189 words
    • 225 21 AFP JAPAN'S Transport Minister yesterday said he had asked Daiwa Bank, a main creditor of the insolvent Sanko Steamship Co, to give further financial help to Sanko in its efforts to reorganise under the corporate rehabilitation law. Transport Minister Tokuo Yamashita said
      AFP  -  225 words
    • 224 21 Nov 19-20 Conference, "computer applications in the operation and management of ships and cargoes," organised by the Royal Institution of Naval Architects, London Heathrow Penta Hotel. Nov 21 Lecture, "maritime technology: the UK's performance," by Mr Marshall Meek, organised by Nautical Institute (North Easst branch), 1930 hours, Trinity
      224 words
    • 166 21 FT HIT BY a declining overall market, foreign government subsidies and protectionism, Swedish shipbuilding is dying. Once one of the world's biggest producers of merchant vessels with a world market share of more than 10 per cent, it now produces less than one per
      FT  -  166 words
    • 3551 26 aoaBGXIEB 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
      3,551 words
    • 765 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Gold Gilla 51 13 11 85 1600 Star Shpg F7 0700-0800 G4 N Jaspoer 1W 13 11 85 2300 NAPL F1 1030-1130/1330-1430 L8 Sea Hawk
      765 words
    • 574 27 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Auby K25E SSPL alongside 13 11/1500 Honoi 1 K2I NAPL alongside 13 11/0600 Ibn Hozm K18 J Manners alongside 13 11/0600 Intonm K36 Leo Shpg alongside 13 11/1500 Normannio KIS Kim Trdg alongside 13 11/2330 Azim 1 K35
      574 words
  • Page 19 Advertisements
    • 990 19 A hard look at what it will take to succeed in business for the next 20 years With turbulent times ahead. forewarned will be y forearmed $22.00. Agents: IMDK SMPPMG AGENCSS (Rtf Hi 247K4/0W) 70 Slwnlofl Way #04 03 Mwim Hoast Satfaport 0707 T« ??***** TitaM IS ***** CFS OFFICE
      990 words
    • 65 19 LATE IN September, West African shippers completed yet another round of successful freight negotiations with foreign shipping lines. Page II THE CHAIRMAN of Ellermon Lines, Mr Anthony Cooke, is spearheading a buy-out of the restructured shipping company. Page 111 Index to advertisers II Weather Map VIII London freight II Shipping
      65 words
    • 1250 19 In Search of EXCELLENCE. I "W lM>'t Ki'ti t 2tf <h This runaway bestseller disects the secrets of America s most successful and has distilled their success into eight basic findings which make exceptional sense TIMES THE BOOKSHOP MAERSK LINE 0/ KEEP YOIIB APPLES FRESH TACOMA T0: SINGAPORE /jm/ PORT
      1,250 words

  • Page 20 Advertisements
    • 233 20 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South Wml Pacific North Waat Atlantic/Canada Faadar at Kotoa Vessel TOK'O BSIOGf ICO CUMENT OASIS U.TMR TOHGO MMtU J Aho xceptnf c*jo It Doha I Vessel FUM.T ACE GLORY ACE MARIA MIS ACE Acceptint FCL sNpments to: Iran. Affhanistan. E. Germany.
      233 words
    • 285 20 Ulai Supercarrier Service N ROUEN BARBER TEXAS N ROSARtt BARBER PERSEUS N ROCIfSTER NF'T ARRIVALSN ROCHESTER 11 II BARBFR TOBA 27 11 N ROTTERDAM IS 12 BARBER TAMPA lb 1? TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Saied Saied 22/11 21/11 2/12 1/12 10/12 9/12 BOOGAHLA BARBER TOBA
      285 words

  • Page 21 Advertisements
    • 859 21 TM The Straits fgjg Steamship Group Mansfield Container Shipping PteLtd Overseas Containers Limited f STRAITS SHIPPING f Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COWTAMERSHP SERVICES TO/FROM BAHGKOK I CONTAINERSHIP SERVICE TO UK/CONTINENT PEGASUS PRRJE V4O3N h Port/13 No. 15-16 Nn PEGASUS PRtt V4O4N 19-20 Nn 22-23 Nn BANGKOK
      859 words
    • 697 21 Liebherr-Werk Neiting 6esjnbN Singapore! Branch BB expertly trained appropriate spare parts «ppfr KiviK M inn a day Franco Belgian Services r*r y. com sarwct to [inert (MfMßf R Of ACE CONSORTIUM! I gWCt FWM EUMPt STOK PKELANG It Har*t R'daai F"Sto»» Ha* B"Ha»w M HONGKONG CONTAMEI 14 Nn (11 Nn)
      697 words

  • Page 22 Advertisements
    • 361 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS fROM N. CONTINENT &UK IMPORTS tfbut B'haven Rdam Lehanre S'ton Awerp PK Spore 13/11 15/11 21/11 23/11 24/11 29/11 2/12 7/12 9/12 14/12 IC/12 21/12 23/12 Neit Ports HK. KHH HK. KHH KB. IK HK. KHH HK KHH HK. KHH HK. KHH 06 Revert JfXaiitime. Co.
      361 words
    • 420 22 HC.&.LINE tJMH jaoi»g FULLY CONTAINERIS ED SERVICE TO EUROPE VIA Member ot the Ace Consortium ORIENIAI CHKF 46N KORi AH )ACE MM 31* NEPTUNE CRYSIAI 32W KOREAN CHANCI ?4W Sport PKHanf leNjnc «djm Fslo« Hbwj Ant»«p 70 II tlB II) 91? 10 12 1? I? HI? 1' I? 77 II
      420 words
    • 452 22 Hai Sun Hup Co (Pte) Ltd ■M*--' TEL *****06 (20 Lines) TLX R*****1 R5 R*****2 IP t i:\ST\M\ < \R LINKU. LTD. Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan m INTERMARITIME LTD K Kiubatu let 221SM Uvti Tei *****1 REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS
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    • 520 22 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) •ISO ACCEPTING ICI FCI I FCLFCL TO GOTKWURG INRHUS COPENHAGEN OSLO STOCKHOLM XL SMI BKMEN. BREMERHAMN VU HAMBURG LONDON SOUTHAMPTON MANCHESTER HRMMGHAM LIVERPOOL GLASGOW MA FELIXSTOWE AMSTERDAM VU ROTTEROAM US WEST COAST SERVICE INBOUND OUTBOUND FEEDER
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    • 322 22 US I NOSE MARITIME PTE LTD TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKetanc Load** far: OCEANIA COURER In Port P. Moresby. Lac. New*, Jayapura. Rabad. Kieta. Atotan, Madant Kimbe KYOWA BREEZE lt/U Honara. Lautoka, Suva. Papeeta, Pap>, Apia. Noumea u£ SUN UNION LINE KARACHI SERVICE SINGAPORE P KELANG PENANG
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  • Page 23 Advertisements
    • 1070 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA RATI) KOTA SEJATI KOTA TIMUR KOTA AGUNG KOTA WIJAYA KOTA WIRAMA VOYAGE E-507 E-591 E-595 E-593 E-599 E-601 EAST AFRICA/REDSEA SERVICES HONGKONG SINGAPORE LOADING FOB: linlu Sid 14-H/11 OJ«OUTI, HODEIDAH, JEDOAM PT SUDAN AQABA 22-23/11
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    • 726 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Fipreu Osat) Bi» Biemen Fipreu Benaron Honftonj Fipreu Benaklei Cit? ot Fdmbufti Franklurt Fipreu Hamburg Fipreu EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Osaka Bay Saied Bremen Fipreu Saied Kurarna Maru Saied Benaron Saied Honffconf Fipreu Saied Boulder lt/U Citr ol E(Mw|ti 25, 11 Mano
      726 words
    • 663 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINT FAR EAST TO/FROM S'PORE CONTAINER SERVICE BUSAN YOKOHAMA KOK MOKSWG HR STOK COM VHW 22-21/11 25X/11 *7/11 »-M2 J/12 1/12 SPORE TO lAK ART A/SURABAYA CONTAINER SERVICE WEST BOUND PAUMBANG XJIW (2ND CALL) smwiava vism KUTAI V7WB rwtuuv vni S POW BILBAO ADAM UK BAfWN
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    • 701 23 BOUSTEAD SHIPPING AGENCIES m Pan-an VBBW Htoneywa V2O6W 19/21 Nov Phashwejyawywa V26OW 17/19 Nov Pajar V92W BURMA FIVE STAR (Burmese National Line) Loading for Ranfoon pore P.Ketanj Penanf lnPt/14 Nov (Malacca) Lashw V 52 LoAaw VlO5 19/20 Nov 19/20 Nov 16/18 Nov (Malacca) 22/23 BANK LINE i *:< -4 ;i
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  • Page 24 Advertisements
    • 1158 24 USA CANADA ATLANTIC COAST (Round The World Service) M"WT" M ►A K LINE KAWASAKI KISEN KAISHA, LTD. ORIENTAL MNSTER W22 15 Nov 9 Dec tl Dec 2i Dec a uec to ORENTAL EXPLORER *15 22 No* 16 Dec 28 Dec 30 Dec 1 lan «an ORENTAL KMGHT V 24 30
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    • 642 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers RAWDAS No, CHANWOAS II Dr< KABKDAS lin RAWDAS 71 lan 13 Ore ?;Ok»Dk S l*i 13 lan 1? Lan 18 lan 21 lan ?b lan 1? Feb 70 Feb II Feb INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* if*- P tvn.io, li.aAntf iNOOAS
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    • 716 24 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD Kmnj lun( Promt lal Bint BuMnf 60 Sliwt SINGAPOM 01M Til *****90 <10 IMS) P M»| 03 *****1 P»nin t 04 6754 M Piu Gudjn| »jw>t OMNI LLOTD <Mi SON BHD HI 07 SI 1370 1 STRAITS/PERSIAN GULF SERVICE: GOtOEN CUT i <
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    • 401 24 4J INTRASEA (PTE) LTD 10 Anson Road *27 16 International Plaza Singapore 0207 Tel *****1 1 (10 L.nes) BW)BIAEtA-M.XMK o BREAKBULK SERVICE TO EUROPE/UK P.T PERUSAHAAN PELAYARAN T KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DESTMATIQh NIAGA XXN Voy 17/S5 16/17 Nov Jakarta/Ctetoon NAGA XXXXI Voy 18/85 19/20
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  • Page 25 Advertisements
    • 823 25 onirniiu NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of the ACE Consortium TO EUROPE/UK (VIA SUEZ): HK CONTAINER 47W 0 CHIEF 46N K MCE IN 31* N CRYSTAL 37* K CHANCE 74W SS BRIDGE 53W Ais,. aaepting iai*o to tn>m Standinjma •H* LONTAINE R S
      823 words
    • 711 25 Bos in 7/1? 14/1? 22/12 21/12 »/l 15/1 ?«/l 30,1 Spore 22 II 30 11 I 12 14 12 2« ,12 1/1 10 1 16 1 P* 24 11 4/17 12/12 II 12 30 12 4/1 14 1 20/1 Pcnjflf Inchon No 7 Uorum iMtl No I Donim SOW No
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    • 821 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P. KELANG PENANG M/S SHMKAT NAM SOON SON. M. IST AND 2ND FLOOR. MESSRS HAI THONG SHPPMG 127 Penang
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  • Page 26 Advertisements
    • 607 26 ltcj|i<Hial Container l-im's □SR-LINES VEB DEUTFRACHT/SEEREEDERE! ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO Elltorc STOW MfTNERP R DAM HAMBURG SANGERHAUSEN 3/15 20 Not 15 Dk 12 Dec II Ok GIAUCHAU 10/15 21 No* 23 Dec *24 Dec 25 Dk NORDHAUSEN 5 15 14 Dec I lift 5 lan 11 lan GRMNTSCHAN
      607 words
    • 0 26 ,'%)[?.?'/:\"{(--_~+@-.^%!),/\<
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  • Page 26 Miscellaneous
    • 182 26 ra Regional Weather m m w m m A •1 m 3,« h a 19 i (3 9 5< SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND 5 ThUnderMOrm Te T e r o!h/r C l nd direction with speed m knots V Shower H Ram Wove
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  • Page 27 Advertisements
    • 127 27 MSC AGENCIS K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHAMJ LEOSHP SPORE *****88/*****56/*****48/*****93 > *****1/4 TERMHAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE (HEIHI dsn CHI 11 'if. mm irnmrrf iTTyTTtTMiii'ii'TmnrrTf i i IgTniWy ITITI i 'irv LHTTyi^WTin^TTITHHTMniTI i 'if. -»tmj[ggn^2jjryyTini^T^Ty^Tf^Trr—mngTTTMM ALSO ACCEPT* FOR: ANTNERP, L. HARVE.
      127 words
    • 31 27 FRATA CONTAINER LINES LONDON HAMBURG SWITZERLAND SPAIN KARACHI MANILA PT LOUIS AUSTRALIA SEKOU SWATOW HAIKOO AMOY ZHANMANG FOOCHOW SHANGHAI TSINGTAO HSINGKANG DAREN GUANGZHOU WHAMPOA OTHERS FRATA SHIPPING PTE LTD (TEL: *****04)
      31 words
    • 634 27 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* 6 VESSELS OF LOG CARRERS 5 VESSELS Of BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN. HONGKONG AND THAILAND.
      634 words

  • Page 28 Advertisements
    • 559 28 Jff (wommmi srsr TO. S PORE P KELANG PENANG FOR HTANM 14/15 Nor In Port 16/11 Nor 19/21 Nor 1,86 BMfN FROM EUROPE: PENANG P KtIANG SPORE BKK VMP* 24/25 No. 26/27 Nor 2A/29 Nor 1/4 Dec FROM ROAM BMEN HBC ANERP AGENTS: LEO SHIPPING PTE. LTD. SINGAPORE *****22 FARYS
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    • 641 28 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****44 (3 LINES) TLX NO. RS ***** HEAPCO FULL CONTAINER SERVICE TO PORT KELANG/PENANG DIRECT WEEKLY CONVENTIONAL/CONTAINER WSStIS VOY NO SPORf PH*n PHI AUG .AMPUNG 133/15 15 *>» >»/l» No. L AMPUNG 134/85
      641 words
    • 552 28 M C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FIUY CONI MNERtSU) SCRVICF 10 EIKOK (VU SAJC7) Spare leMvte Rdam f stone Mburr Brwn Antwerp HONGKONG CONTAINER 47W In M 2/12 J/12 5/12 7/12 «/12 10/12 OMNTAI CHEF 46H 20/11 J/12 10/12 12/12 14/12 15/12
      552 words
    • 1136 28 Z COMPAMA PERUANA DEVAPOREEMTm "PERUVIAN STATE LINE" (u4dinf! lor CiHao HUtJUfii to and ill other Pfiumjn potts wth transhipment it Kobe A On CPV through Bath ol I Jdrng to tin* destitution Petunf* P. KeUnf HUGHEVERETT MANOLOEVERETT WHNfVtRfTT S«i{jpo»f 11/20 Nov 22/24 Nov 6/7 Dec "EVERETT ORIENT LINE" 2 JAPAN/BAY
      1,136 words