The Business Times, 10 September 1986

Total Pages: 26
1 26 The Business Times
  • 11 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, SEPTEMBER 198« 75 CENTS
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  • 440 1  -  Exchange committee making changes to draft rules By LORETTA McLAUGHLAN THE COMMITTEE of the Stock Exchange of Singapore is making some amendments to its first draft of new rules, bye-laws and requirements which it is preparing for the SES. These are being reviewed as part
    440 words
  • 21 1 Check Points Singapore Malaysia Taiwan S Korea Hongkong Priority Source: Sarwa Research Institute Corporation
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  • 369 1  -  By LUCY NG SINGAPORE has been rated by a leading Japanese research institute as an excellent base from which Japanese companies could export electronic appliances. The Republic could become a regional sourcing centre for Japanese manufacturers, concluded Sanwa Research Institute Corporation, after a study
    369 words
  • 259 1 UPI CHASE MANHATTAN BANK announced in Hongkong yesterday that it had seized the vessel Sabodine Venture in New Orleans, dealing a serious blow to the Wah Kwong shipping group's efforts to stave off liquidation. The seizure of the ship, which is mortgaged to
    UPI  -  259 words
  • 254 1 AFP GOVERNORS of major Western central banks have ruled out any immediate concerted cut in interest rates because of improved economic results in the US and Europe, sources said after the governors' monthly meeting in Basle, Switzerland. According to the sources, the American
    AFP  -  254 words
  • Article, Illustration
    79 1 PBOMET was la the spatllght yesterday as selling pressmre inve Ike eaantor dawawards. It was easily the mast active eaantor with a tomaver sf U mffllsa shares. Its prlee toil six eeats te 41 earis. The Market was easier The Straits Times ladastrlal Index fell 4JS paints to
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  • 336 1  -  By MONICA GWEE J WALTER THOMPSON has won a competitive pitch by four advertising agencies for one of the largest retail accounts here the $2 million account for Metro Department Stores. The hard-won business was taken from incumbent agency Bozell, Jacobs, Kenyon Eckhardt
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  • 618 1 WITH GOLD regaining some of its lost lustre, fast-moving United Industrial Corporation Ltd is set to delve into the prospecting business through an Australianbased mining company. The detergent-cum-property group yesterday disclosed that it had agreed to buy 12.8 million shares or
    618 words
  • Page 1 Advertisements
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    • 243 1 <}[~-:::|}|[*;&:+|<^:]_^^/)<%&] \mm SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AMtCRAFT SCHEDULE CROSSWORDS TV S RADIO BRISTOW DOONESBURY OUR VIEW ALTHOUGH THE STOCK MARKET has turned softer these past two days, there are grounds for optimism that it will see loftier levels before the year is out. We base our expectations
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    • 56 1 \"|)""".{;&:*`[&-`{=.&|:&?<',@_ 10™ SPECIAL OFFER 1""*^ FXI2O TAC No 378-84+61 and get an IBM* absolutely free! Only while stocks last. Call 472 2155 now. e W /fi^f e/e aron/ c W onVyr/#t S/JOS. So«e Agent Ffywj Private Limited 17 Leng Kee Road, Singapore 0315. Tel: *****55 (18 lines) Telex: WYLD R*****4.
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    • 12 1 BALLY WusctL Hearing of the Committee of Privileges Reports on Back Page
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  • HOME NEWS
    • 628 2  -  By BRIAN GOMEZ Regional Correspondent COUNTERTRADE is taking off as a multi-billion dollar business in the Asian region even though most financial experts are convinced intrinsic costs are high. One international trading company, MG Services Ltd, recently concluded a bilateral two-year deal with the
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    • 306 2 SINGAPORE could emerge as the key Asian regional centre for countertrade, with expertise rivalling what is now available in Vienna, New York and London, according to the Hongkong head of an international trading company. Mr Thomas M Gottlieb, managing director of MG Services Ltd,
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    • 354 2 THE AUSTRALIAN government's offset policy, requiring overseas suppliers of goods to transfer technology, has enabled the country to become "one of the world's leading software producers, on a per capita basis." This view was expressed yesterday by Mr John Holmes, representative of the First Austrian
      354 words
    • 302 2  -  By LUCY NG VERY FEW job offers are being taken up despite the recession, increased unemployment and greater efforts by the Labour Ministry to find jobs for the unemployed. Up to July, there were two jobs available for each person registered with the ministry's Employment
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    • 435 2  -  By ANNA TEO SINGAPORE Joint ventures tend to be more successful than their counterparts in neighbouring countries because here, it's a true marriage between two or more like-minded partners, says a study team from the European School of Management Studies. The
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    • 350 2 COOPERS and Lybrand Associates Pte Ltd has offered its management services in a venture with a local businessman to generate more trade and technology exchanges between China and Singapore. The new company is The Hua Yang Technology and Trade (FE) Pte Ltd, set
      350 words
    • 347 2 SINGAPORE companies have won a total of US$435 million of work from World Bank-supported projects in the past 10 years. The projects won by local companies, out of some US$7O billion awarded by the world lending agency over 10 years, were mainly in Third
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    • 392 3 GOVERNMENT CONTRACTS totalling more than $24 million were recently awarded by the Housing and Development Board, the Public Utilities Board, Jurong Town Corporation and the Urban Redevelopment Authority. The contracts went to 22 companies. The two largest jobs were awarded to Four Seas Construction Co Pte
      392 words
    • Article, Illustration
      398 3 OLIVETTI has introduced a new generation of electronic typewriters that merge computer with electronic-typewriter technologies. The ETV 250 is Olivetti's latest video-typing system, the other being the lower-priced ETV 240. The two new office systems are stand-alone units, characterised by their 30 cm video screens which are held
      398 words
    • 170 3 LEGAL ASPECTS of life insurance will be discussed tomorrow at a talk organised by the Singapore Insurance Training Centre (STTC). Dr Myint Soe, a prominent practising lawyer and the author of books on life insurance, will speak on recent developments in
      170 words
    • 88 3 IN OUR story on page 15 yesterday headlined "MCL to buy bigger stakes in packaging companies", it was reported that Metal Containers Ltd (MCL) has an option to pre-pay the cash portion for the acquisition of Metal Containers Packaging (Hongkong) Ltd amounting to HK111.86 million (equivalent to
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    • 402 3  -  By LOH HUI YIN SINGAPORE was the Asean member with which the European Community enjoyed the biggest trade surplus last year. Other Asean members which the EC had trade surpluses with were Indonesia and Brunei, according to figures released by the Community. The
      402 words
    • 284 3 FOUR BUSINESSMEN from Singapore will be participating in a forum in Canada this month on trade and commercial opportunities with Asean. Mr Lim Ho Hup, chairman of Aneka Investment and Management, Mr Kwok Pon Hong, general manager of the Sim Lim Group, Mr C B Choo,
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  • Page 2 Advertisements
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    • 86 2 OLYMPICS OLYMPIAN CLASS A WISE CHOICE Extra-spacious 42-inch seats plus all the privileges and trimmings of first class travel. For just the price of a full economy ticket. For enquiries and reservations, call 225 8877. •*>74 A I 0 IT 4 r s The International Airline of Greece Wk FACTORY
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  • Page 3 Advertisements
    • 166 3 "'Everybody wants to sell me an MRP system, but nobody wants to stick around till it works." mi Hewlett-Packard's MRP support team won't quit until the whole system's running the way we promised. We'll be in your plant and on call to render constant assistance It's all in written contracts
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  • ASIA-PACIFIC
    • 402 4 Keidanren chief doubts resolve to re-structure economy UPI THE TOKYO government's plan to expand Japan's domestic demand as an alternative to its perennial dependence on exports is merely "lip service" and will be impossible to carry out. Tsuguio Ibayashi, the managing director and
      UPI  -  402 words
    • 158 4 UPI ASEAN will appoint a consultant to study a proposal to form a regional economic common market. According to Malaysian Trade and Industry Minister Tengku Razaleigh Hamzah, the consultant will evaluate members' views on a regional common market as a way to boost
      UPI  -  158 words
    • 305 4 AP PHILIPPINE Economic Planning Minister Solita Monsod has criticised the International Monetary Fund (or imposing tough austerity programmes that she said exacted heavy economic and social costs on debtors. "The enormous efforts to reorder economies, improve efficiency and increase exports have proved
      AP  -  305 words
    • 134 4 Bernama INTELLECTUAL and academic groups in Malaysia are urged to write more books in Bahasa Malaysia (or all fields of study at tertiary level to ensure the language progresses in line with the development of knowledge. Deputy Education Minister Ha# Bujang Ulis was
      Bernama  -  134 words
    • 217 4 Reuter IRAN'S Islamic Parliament has passed a bill empowering revolutionary courts to flog people wearing indecent clothes in public. The Islamic Republic newspaper yesterday published the bill, which stipulates up to 74 lashes for "persons whose clothes or make-up in public is against religion, causes
      Reuter  -  217 words
    • 812 4 ARRIVALS Operator Soryica Local time From SIA UA OA SIA GIA RBA MAS SIA KAL MAS MAS SIA CPA RBA GIA SIA SAS UB SIA SIA THAI CAL MAS GIA SIA SIA AY GIA GIA SIA SIA RBA SIA SIA THAI GIA THAI CPA KLM GIA MAS
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  • Page 4 Advertisements
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    • 59 4 I TT\/ I The business person's choice, every I I II \I I II II I Tuesday, Thursday, Saturday and I I VI \l I II II \l Sunday. Leaving Changi Airport at I V_>AJ_ 1 22:00 hours and arriving at Heathrow at 06:50 hours the following morning. Call Air
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  • REST OF THE WORLD
    • 422 5 Reuter AMERICA would stay away from the global trade meeting which opens next week in Uruguay if its five demands are not met, according to US Trade Representative Clayton Yeutter. Mr Yeutter said on Monday that the US would not drop any of the
      Reuter  -  422 words
    • 421 5 AP THE ATTACKS on a Pan Am jetliner in Pakistan and a Turkish synagogue could signal a new wave of international violence, according to an expert on terrorism. "This airplane and the synagogue atrocity is just a first step in my view for
      AP  -  421 words
    • 328 5 THE RISING GOLD PRICE could help stop South Africa retreating into a siege economy, said the governor of the South African Reserve Bank. Gerhard de Kock told a meeting of the South Africa-British Trade Association on Monday
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    • 479 5 Reuter THE INTERNATIONAL Monetary Fund would stick to a prediction that the US economy would grow 2.9 per cent this year, monetary sources said, a development likely to increase pressure on West German and Japanese policymakers to stimulate their economies. New
      Reuter  -  479 words
    • 274 5 Reuter AFRICA can produce almost all its food needs but requires massive foreign aid in the form of machinery and fertilisers, according to the director-general of the UN Food and Agriculture Organisation (FAO). Edouard Saouma said at the opening of an F AO-sponsored ministerial
      Reuter  -  274 words
    • 90 5 UPI METHANE GAS in the atmosphere is apparently adding to the "greenhouse effect" that ultimately could cause a permanent change of climate worldwide. Environmental chemist Don Blake of the University of California at Irvine told the 192 nd annual meeting of the American Chemical Society that
      UPI  -  90 words
  • Page 5 Advertisements
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  • Page 5 Miscellaneous
    • 42 5 Doonesbury m 71 rrr s 't m it Hi zt 'A m m v «c BfNB»3 J? 7H£ P6OPLS VWSMYOU AREA6ABKTUS* SHOOTTEAOB6, BUT HOW CAN DOCTORS. THEY THAT BB? SM YOU PLACE me&NiHBR s£S?, *r» r P jkt y BY GARRY TRUDEAU
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  • RAW MATERIALS
    • 207 6 MALAYSIAN crude palm oil prices yesterday closed slightly higher on further covering interest after recent easiness, with firmer overnight Chicago soyoil futures aiding sentiment, dealers said. However, trading remained light and cautious as operators stayed sidelined and uncertain over market trends, they added. Sep deliveries in the south
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    • 210 6 Reuter WHEAT FUTURES on Monday were lower at the close of a quiet session on the Chicago Board of Trade, falling 2-1/2 to 1-1/4 US cents a bushel. Prices fell modestly at the start of trading and held the losses for the remainder of a featureless session. Traders said
      Reuter  -  210 words
    • 257 6 Reuter SINGAPORE THE MARKET yesterday closed lower with October One RSS buyers quoted at 183.50 cents per kilo, down 1.50 cents from Monday. The morning session lost two cents on some long liquidation in moderate trading. Prices were little changed in early afternoon trading but recovered slightly towards the
      Reuter  -  257 words
    • 193 6 Reuter SOYBEAN FUTURES on Monday were lower at the close, with prices falling 3-1/4 US cents to 1/2 cent a bushel on the Chicago Board of Trade. The lack of an expected weekend frost in the northern corn belt weighed on prices early, as anticipation of frost had supported
      Reuter  -  193 words
    • 87 6 (ccntsAg, 1-»o« polios) eg NOV 86 (currant month) (forword month) NOON NOON RAS Bwyan Buyers StMtrs SSR 20 162.00 164.00N 162.50 164 SON SSR 50 159 00 161.00N 159.50 161 SON MRELB Wt Srfsn lnyin ScMtn SMR CV 244.00 246.00N 245.00 247.00N SMR L 244.00 246.00N 245.00
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    • 66 6 Bangkok Broken Rice (USf/!■■■». FOB) A-l Super A-l Spadd 133 130 Whit* Rica C-1 Special C-l Old unq unq 100% l»t dost 100% 2nd dou 260 225 Loonzoin Rice 100% 3rd ckju 220 100% 1st grade unq 100% 2nd grade 220 5% 210 100% 3rd grade unq 10% 15%
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    • 102 6 Reuter THE TIN PUCE the kula I smpaf Tbi Market, KLTftf, yesterday remtlied at Monday's eleee «I M 514.12 per kile amid redaeed baying Interest, §mtm said. They said tetal disposals deeliaed te N toaaeo Crem 138 ea Mmday as same miners have already exhausted their ■ph while
      Reuter  -  102 words
    • 302 6 RAS prices in S co«ft/V&, FOt in b oio* NOON CLOSE Int 1 RSS Prompt 184 50 185 SON 183.50 184 50N Int 1 RSS Oct 86 184 50 185 00 183 50 184 00 Int 1 RSS Nov 86 185 00 185 50 184 00 184
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    • 88 6 OIL PRODUCTS THE FAR EAST petroleum products market firmed. Apart from LSWR, on buying interest from Japan, Korea and Taiwan and limited supplies from the Arab Gulf. LSWR was stable with plentiful supplies. Closing prices for crude (fob origin) US$/borrel Chonge Dubai (Oct) 14.40 -0.15 WTI, West Texas 15.65 -0.70
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    • 781 6 Reuter COFFEE ROBUSTA FUTURES on Monday held below the morning's five-month peaks, pressured by commission house selling and profit-taking, but still closed on a steady note. Contracts ended Just above the lows with small gains of £10 to £4 a tonne, with London values at one stage on
      Reuter  -  781 words
    • 148 6 Chinese Produce Exchange Setters' noon closing prices on Sept 9 (SS/100 kg) Coconut oil Bulk FOB 43 00 OW drum FOB 56 00 New drum FOB 60.00 Copra Mixed (loose) 21 buyers Pepper Muntok White FOB NLW Sarawak White FOB faq NLW Sarawak special block FOB NLW Sarawak
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  • Page 6 Advertisements
    • 329 6 tI) esearcwror frj li? -v I I V'-v w v- rJ mi <* Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who made the most notable contribution to
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  • TRAINING & DEVELOPMENT
    • 580 7 Seminars and Courses c Cahners Tel: *****13 Exposition Tbc RS ***** Group Fax *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Sep 22-23 The Effective Office Tai-Pan Ramada Roger Gill and *****60 Worker Hotel Associates Pte Ltd Sep 22-23 US Law and Controls in Boulevard Hotel Systems Education *****89 Computer
      580 words
    • 219 7 ONE OF the largest international meetings of specialists will be held in Singapore next month. The Sixth Annual Conference of the Strategic Management Society is being held in South-east Asia for the first time, an event which underscores the importance of the developing economies in
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    • 809 7  -  By LUCY NG SINGAPORE AIRLINES is now looking for someone within the company to head its Management Training Centre (MTC). A circular was sent around the organisation recently inviting staff to apply for the position. The circular was issued by the
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    • 338 7  -  By ANNA TEO TWO NEW post-graduate courses have been introduced at the National University of Singapore for computer professionals who wish to upgrade their knowledge and qualifications. To meet the need for manpower trained in computer knowledge, the NUS Department of Information Systems (IS)
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    • 130 7 THE NATIONAL University of Singapore's Department of Extramural Studies is offering a fivelecture course on time management. Styled as a new approach to the subject, the course aims to put time in perspective and to provide a guide to one's own time management style and
      130 words
  • Page 7 Advertisements
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    • 59 7 o NGAPORE f H i m UALA LUMPUR flight you select you'll experience the gentle warmth of those that serve you in flight care that's paradise itself, on the Wings of Paradise. AIRLAVMKAI A taste of Paradise For reservations contact your Travel Agent or Air Lanka, 002-00/B PIL Building, 140
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  • FEATURES
    • 504 8 ALTHOUGH the stockmarket has turned softer these past two days, there are grounds for optimism that it will see loftier levels before the year is out. The charts indicate the long term downtrend has been broken, and the technical target is now a lofty 1,000 points on
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    • 904 8  - Program piracy a softer approach In a change of heart, the American computer software industry is allowing its biggest corporate customers to make unlimited copies of its programs under certain conditions, reports CATHERINE ARNST. CATHERINE ARNST Reuter THE AMERICAN computer software industry and its main corporate customers have long been
      Reuter  -  904 words
    • 872 8  -  Finding new ways of using old buildings is a problem facing many City managers around the world, Singapore included. Ten years ago, Boston found one way of solving the problem. A report on its progress by KEN FRANCKLING. KEN FRANCKLING UPI THE
      UPI  -  872 words
  • Page 8 Advertisements
    • 167 8 Make it your Business to know the main issues affecting the economy by reading Singapore Business. SB's reports and analyses are the ideal monthly update for busy executives. Singapore Business is a must for doing business in Singapore, and in its NEW form, it makes it possible to stay in
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  • Page 8 Miscellaneous
    • 191 8 ??(^?>[-%^\_%;(/>_/<[.$?<+{+\^[ CRYPTIC PUZZLE ACROSS 1 Match giri (5) 6 He's impartial, we estimate (5) 9 Sea creature with its head in the middle (7) 10 It's drunk out on the street (5) 11 Reach so as to fix (3, 2) 12 Boasts in a letter to certoin papers (5) 13
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    • 479 8 etc (7) 7 Exploits us on certain points (4) 8 Free from Latin (6) 12 Imperial appendage? (5) 13 There's a policeman m the room (5) 14 Mad way to make braid (5) 15 An old army measure? (5) 16 Possibly cored with decorative effect (5) 18 Early upset in
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  • SPORTS
    • 482 9  -  Royal Pahang favoured to win prestigious tournament By BRIAN MILLER IT'S BEEN quite a long while since we've seen some really good polo at Mount Pleasant. Actually, the last time must have been during the 1963 SEA Games. However, all this is bound to
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    • 876 9 NYT JIMMY CONNORS, 34 years of age and fading fast, is the only American remaining in the top 10 computer rankings, clinging to No. 6. Among his more recent results was a first-round loss at Wimbledon and a third-round defeat at the
      NYT  -  876 words
    • 285 9 UPI WORLD CHAMPION Formula One driver Alain Prost was fined US$5,OOO on Monday for calling officials of the Italian Grand Prix 'idiotic' for delaying their decision to disqualify him from the race. Prost was disqualified from Sunday's Italian Grand Prix because he took
      UPI  -  285 words
    • 163 9 UPI JORGE VELASQUEZ, the fifth leading rider in the history of racing, has accepted an offer to become the No. 1 rider for Buckram Oak Stable in France. Velasquez, 39, will ride in France for eight months and then ride in the United States
      UPI  -  163 words
    • 624 9 AP IN JUNE, Martina Navratilova and Ivan Lendl whirled around a dance floor in Paris, the 1985 International Tennis Federation Players of The Year. Last Sunday, they assured themselves of the first dance again as they breezed to victory in the year's
      AP  -  624 words
  • Page 9 Advertisements
    • 107 9 Keep a date with Sevvy Ballesteros in "Play Golf the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for
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  • Page 9 Miscellaneous
    • 1250 9 w vm mm y APPLAUSE: SOUNDS OF JAZZ Great Vibaa Lionel Hampton And Frianda 9pm, Channal 12 A White House salute to jazz pioneer Lionel Hampton (right) and a non-stop performance by jazz "greats" at the John F Kennedy Center for the Performing Arts. Performers include Pearl Bailey, Stephanie Mills
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  • INTERNATIONAL STOCKS
    • 223 10 Reuter THE INTERNATIONAL Securities Regulatory Organisation (Isro) is circulating draft rules for comment by its members covering business conduct standards under the regulatory changes for British financial markets due to be enacted later this year. Isro, which is seeking recognition as a
      Reuter  -  223 words
    • 276 10 FT COCA-COLA is planning to spin off a 51 per cent stake in its expanding bottling operations in what is likely to be one of the largest initial public stock offerings in Wall Street's history. The soft-drinks giant recently paid US$2.5 billion
      FT  -  276 words
    • 317 10 Reuter SHARE PRICES on Wall Street fell victim to profit-taking for the second consecutive trading session on Monday as shares of drug companies and interest rate-sensitive stocks such as banks took the biggest pounding. Transports, however, managed to squeeze out mild gains. The Dow Jones
      Reuter  -  317 words
    • 132 10 SfP 06 Abrfit* a 23H unch Imp Oi Q A Inco kit Pro* Pip* 45* 18* 41* 20* 45* unch 16* 13* 12 Bonk Nova Scotia 15* Mc BkxM 37* Bank Of Montreal Bal Canada 32 39** unch Mokon A 26* 31* 34 19* -H 28* 5* Canodtan Imp
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    • 218 10 Sir M Umi INOUSTf IALS Tongoot Trust 0k Un Steal 800 130 75 15 inch Wootrnj 1450 unch A AJpho Abaccom AM 1080 300 1350 480 20 15 unch Anglos MMMGS 6825 -75 AmagHop 5200 +100 Angvool *****5 2180 -10 Byvoor 2450 -IV) 2800 BuHeb loeoo -400 CNA 270
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    • 644 10 S€ f 08 US$ Ale on Altnwi Aicoo A*»g InH Abd ig AM Stores AA»-Cholmer$ Am Brand* Inc Am Can Co Am Cfanarrad Am B*c Am Exprau Am Homa Prod Am Motor* Cp A/no* Inc Amarodo Ha*s Amoco Corp Amr Corp Amtco he Asarco he Atl RicMwId Alt
      644 words
    • 825 10 Amsterdam itr os Fk A8N 582 00 -5 Aagon 107 10 -1 Ahold 94.60 -19 Akzo 161 60 -2 4 Akanto 152 70 -0 2 AMEV 78.10 -1.7 Amro Bank ***** -15 Au Stod ***** -0.9 Barfcal 38.60 -1.4 Bonumq Buahnnan Tattaroda 114.30 15 220 SO 1.8 Cafca
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    • 74 10 Reuter THE HUNT BROTHERS of Dallas have filed an appeal in their billion-dol-lar-battle against 23 major banks which are attempting to have Hunt bankruptcy proceedings transferred to Dallas. Placid CHI Co, Placid Building and Service Co and the W Herbert Hunt Trust Estate had asked the Federal
      Reuter  -  74 words
  • Page 10 Advertisements
    • 487 10 bere id wtae, Sine aatf eater uoa Wk Happy Hour at the Treetops Bar Barons Tavern V, V r 3 4T I*s ill r Where you can enjoy a 50% discount on all beverages from spm to Bpm at the Iteetops Bar A spm to 7pm at the Baron's Tavern
      487 words
    • 110 10 London stocks on Pago 15 the moon and delivers it For starters, our mooncakes are simply delightful. So is the heavenly spread at Cafe de Prince Mid-Autumn Festival Lunch and Dinner Buffet at $16++ per adult and $12++ per child. Over at Feng Cheng L6u /ir Teochew Seafood Restaurant two
      110 words

  • ASIAN STOCKS
    • 367 11 HONGKONG: Share prices closed a shade lower yesterday in fairly active trading as investors trimmed their shareholdings in expectation of a market correction. The Hang Seng Index lost 3.96 to end at 1,966.02. The Hong Kong Index fell 1.27 to 1,238.54. Brokers said a significant correction is long overdue.
      367 words
    • 253 11 SIP 09 AM Srnra Indus Asto C«mnt Cathay Cora Chang Hwa Bank MT 1.71 23.70 31 50 39 40 24.90 -001 -0.1 -0 1 0.1 ■0.3 Kuochan Dav Laa Chang Yuan Cham hrtous Lien Hwa Indus Nan Yo Ptos Not Investment Tiust 20 10 31 60 11.20 33 71
      253 words
    • 435 11 TOKYO: Prices fell broadly yesterday in thin trading on Wall Street's tumble and dampened hopes for continued cuts in interest rates, but some export-oriented issues rose against the trend on the government's decision to join in SDI Research and the recent yen gains. The market average closed down 78.16
      435 words
    • 75 11 SIP 09 AcOf* Mratg Anglo Phi P«m 0 0012 -0 0002 MorsteH Onantal B Phi Ovareaa* PMax B Zoom ...0016 0001 unch Apex Manna 8 0.015 -0001 Pic op B PLOT Attos Con B Baguo Gold Banc Patrotoum Bcnguet Con. B 0 0016 -0 0044 0.005 -0 0005 115
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    • 365 11 SYDNEY: Australian shares closed sharply weaker on profittaking with gold and other mining issues hardest hit after a fall in precious metal prices. Selling pressure spilled over into the industrials sector in response to negative signals from overseas. At the close, the All Ordinaries Index declined 14.8 to 1,220.7,
      365 words
    • 104 11 sir 09 Wax Kal 1720 -10 Kangwon Ind 1080 1998 10 57 540 Koton Ind 2315 15 Do«woo Corp 1575 5 Korto Long T«tm 1469 49 Oo«woo HWovy 1420 6 Lucky Ltd 1659 19 Doatari Sacuntm 2771 ■•■30 Onsntal Brewery 1320 20 880 -10 1850 inch Dong Stock 1760
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    • 151 11 Reuter BANGKOK: The Securities Exchange of Thailand Index yesterday dipped 1.62 to 159.27. Turnover totalled 955,434 shares valued at 201.1 million baht. Reuter SEP 09 1 Ao Khom Thai Wn S«am Comant S«m Onz«ra Sam Otaara 681 ujh> •30 A wo Ffcre Ayudhyo lnv«*tm«nt Bangkok Agro-tnd Bangkok Bank 183
      Reuter  -  151 words
    • 58 11 Reuter THE Hongkong Standard is to launch an evening edition of its daily newspaper, Hongkong's first new English-language paper in seven years. Robert Chow, the editor-in-chief of the daily, controlled by the Sing Tao group, said the evening edition would be aimed at business executives. It
      Reuter  -  58 words
    • 421 11 Reuter THE HONGKONG government's takeover of management at a small local bank has jarred the colony's bankers again and financial analysts say their problems may not be over. However, they say that the colony's banking system, which has seen six
      Reuter  -  421 words
    • 230 11 FT NISSAN of Japan is to go ahead with the second phase of its UK car assembly project at a cost of £330 million, creating a further 2,200 jobs at its factory at Washington in north-east England. The announcement, made two
      FT  -  230 words
    • 60 11 AFP JAPAN'S Mitsubishi group is to take over the second leading US silicon wafer maker, Siltec, for about US$33 million in Dec. Under a contract to be signed to a month, Mitsubishi Metal Corporation would have a 70 per cent equity stake and Mitsubishi Mining and
      AFP  -  60 words
    • 161 11 Reuter THE APRIL-JUNE quarter corporate survey by the Japanese Ministry of Finance showed sales and profits of smaller companies rising while those of larger companies feU. A government official said the results of the survey, one of the few that canvasses small firms, painted a brighter
      Reuter  -  161 words
  • Page 11 Advertisements
    • 560 11 Wftere to wiae, dla« and entertain Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative
      560 words
    • 112 11 Chi'dren below 1 2 yea r s old S9 00* in it i J Lunch Hours: 12 noon 3pm 10% service charge &3% government tax not included 19, Calmhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** S y Our Daily Specials! A sumptuous 3-course western or local menu, different
      112 words

  • BANKING AND FINANCE
    • 452 12 Reuter THE US GOVERNMENT made a well-timed entry into the international gold-coin market on Monday by issuing the American Eagle, the first bullion coin to be minted in the US in more than 50 years. Gold and another precious metal, platinum, have been soaring
      Reuter  -  452 words
    • 331 12 Overnight rate plunges to 3 /8 per cent THE OVERNIGHT rate plunged to 3/8 per cent yesterday in a money market awash with funds. Opening at 1.75 per cent, the overnight rate in the interbank market tumbled to the day's lowest of 3/8 per cent at about 10.30 am. Interest
      331 words
    • 425 12 Reuter MAJOR Japanese securities houses are asking Japan's Finance Ministry to approve introduction of a clearing house system in the secondary market for shogun bonds to improve liquidity and increase foreign demand. The market for shogun bonds, foreign currency-de-nominated bonds issued by
      Reuter  -  425 words
    • 122 12 AFP LOWER EARNINGS and mounting provisions for non-perform-ing loans continue to plague Saudi Arabia's commercial banks, the Jeddah-based Saudi Gazette reported on Monday. Citing first-half figures from Saudi Arabia's nine Joint venture banks, the newspaper reported that all but two disclosed significantly lower earnings for the
      AFP  -  122 words
    • 419 12 AFP THE AMERICAN DOLLAR and pound sterling will continue to depreciate over the next five years as the US and Britain seek to improve competitiveness and to counter worsening trade deficits, the National Westminster Bank predicted in its latest monthly report, released in
      AFP  -  419 words
  • MONEY AND EXCHANGES
    • 1074 12 Reuter BINGAPORE: THE US dollar yesterday closed lower against most currencies on late speculative selling after fluctuating within a narrow margin in moderate trading. Operators were unwilling to take large positions because of uncertainty about the near-term direction of the dollar in the absence of any fresh factors.
      Reuter  -  1,074 words
    • 99 12 THE OVERNIGHT rate on the Singapore interbank money market closed at 3/8 point yesterday, down 1/8 point from Monday. The one-month term rate rose by 1/16 point while the two-month rate rose by 1/8 point and three-month rate rose by 1/16 point. S$ Interbank rates at 7pm yesterday:
      99 words
    • Article, Illustration
      336 12 Asian market ASIAN DOLLAR deposit rates yesterday closed higher on good bidding interest after moderate trading with optimism about the US economy aiding sen-, timent. Period rates rose by 1/16 to 1/8 point at the outset and rose a further 1/U point in the afternoon. One month closed at 6-1/18
      336 words
    • 505 12 BA Futures DECEMBER EarsdsUar yesterday opened lower than the previous close at 93.96 and dipped briefly to 93.94 before edging up to 94.02 initially on heavy short-covering activities and technical correction with the market recovering from its recent losses in active trading. The market remained firm and stable during
      BA Futures  -  505 words
    • 229 12 Interbank rates at 3pm yesterday: Md Oder e rooo parity Chgngi Local dollar* to on* wiit of forotgo US dolor 2.1770 2.1780 ***** -22 79 Storing pound ***** ***** 7 3469 -56 03 Austrobon dolor 1 3334 1 3362 3 4286 1.11 NZ dolor 1 0306 1 0334
      229 words
    • 285 12 Reuter HONGKONG: GOLD yesterday closed slightly higher in fairly active trading on continued local buying interest, dealers said. The metal closed at U*****.50/413.50 an ounce compared with New York's 410.40/411.40 clow and the 419.50/420.50 finish here on Monday. On the local market gold lost HK$59 to end at HK53,809
      Reuter  -  285 words
  • Page 12 Advertisements
    • 4 12 Victor Morris Pte Ltd
      4 words
    • 85 12 OVERSEAS UNION BANK LIMITED (incorporand >n mc Reouot 0< S-ngaocn I 5530.000.000 CAPPED NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DL'E 1990 Holders of Certificates of Deposit of the above issue are hereby notified that for the next interest period from September 10, 1986 to December 10, 1986 the following information
      85 words

  • SHARE INFORMATION
    • 4311 13 RUMOURS OF a Malaysian company going under gave the Singapore stock market a soft undertone yesterday. Share prices closed easier after rally attempts failed. The Straits Times Industrial Index fell 4.58 points to 837.39 and the BT Composite Index lost 3.73 points to 714.84.
      4,311 words
    • 247 13 SINGAPORE 1 c s Aiai HUp B S—h— Matol Ctw FAN S 1 A N S T Y H S totwwow C Frepertii MoiokoH Siaagyoag Rises 690 50< 200 mg 406 >*n 82 815 785 540 295 227 n 452 220 50* 126 Falls 40 30 10
      247 words
    • 3742 13 BID and offer prices offfcially listed and business in and reported to the Stock Exchange 01 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".
      3,742 words

  • COMPANY NEWS
    • 680 14 Analysts expect near doubling of interim profits Reuter HONGKONG LAND Co Ltd, helped by strong rental income and declining interest rates, is expected to show interim profits nearly double last year's levels when it reports results in Hongkong today, stock analysts said. They estimated Hongkong
      Reuter  -  680 words
    • 594 14 MBT SABAH DEVELOPMENT Bank, through its wholly-owned subsidiary, Sabah Development Nominees, has requisitioned (or another extraordinary general meeting (EGM) of Tongkah Holdings. Sources said the requisition, handed to Tongkah last week, involves six resolutions to appoint new directors and an additional five
      MBT  -  594 words
    • 217 14 Monogcrs' pricas for S«p 10 Singapore Unit Trust Th« ConwTMrc* 0.90 0.97 Th« Saving» Fund 0.80 0.86 S'potv Prog Fund 0.36 0.40 S'pof# S«c Fund 0.61 0.66* S'por# hv«i« Fund 0.61 0.66 S'por* Equity Fund 0.43 0.47 Asia Unit Trust Mai krtvwt Fund 1.25 1.36 Mai Prog Fund
      217 words
    • 105 14 HONGKONG Hongkong lnd«x Tuesday 1238.54 Monday 1239.81 Week ago 1212.31 Hong Seng Index Tuesday 1966.02 Monday 1969.98* Week ago 1930.61 TOKYO Nikkei Average Tuesday *****.09 Monday *****.25 Week ago *****.93 TSE Index Tuesday 1520.81 Monday 1524.55 Week ago 1531.06 SYDNEY All Ordinaries Tuesday 1220.7 Monday 1235.5 Week ago
      105 words
    • 499 14 SHARE PRICES closed easier across the board on the Kuala Lumpur stock market yesterday despite some last minute bargain hunting. Speculative issues came under selling pressure and finished moderately lower. The trading pace slowed down considerably as investors move to the
      499 words
    • 247 14 Malaysia Aiea Berhad: 17th AGM Sayang Room, Rasa Sayang Hotel, Batu Ferringhi, Penang, on Thursday, Sep 18, at 11am. Alexaadra Hsidlags Limited: AGM at 255 Alexandra Road, Singapore 0315, on Saturday, Sep 20, at noon. Malayaa Credit Limited: 24th AGM at Mandarin Court A, 4th Floor, Mandarin Hotel,
      247 words
    • 2186 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 ot 1,000 units unless otherwise specified MUSTMALS Alcorn (738 745) (14) 73 (5) 74 AOS (68
      2,186 words
    • 16 14 Company BONUS ISSUE M A A On*-for-two Ex-dote Sep 26 Books ck>s«: Oct 8
      16 words
    • 207 14 Company RIGHTS ISSUE A B N One-for-ten Bedford One-for-one fe $0 50 per shore D C Bonk One-for-two <e, 50.50 per shore Duto Cons One-for-one $1.10 per shore George Town Two-for-one 6 SI.00 per shore Kesong Hldgs Three-for-two fe $1.10 per shore Mycom Bhd Three-for-two at $2.00 per
      207 words
    • 500 15 RALEIGH BHD, a well-diversi-fied group once closely associated with Malaysian Finance Minister Daim Zainuddin, has called off two proposed acquisitions worth a total of M 5142.18 million. The first, which involves the purchase of 20 per cent of United Malayan Banking Corporation (UMBC)
      500 words
    • 326 15  -  By ELAINE KOH UNITED OVERSEAS LAND has sold 20 floors of an office tower it developed in Hongkong for HK$42 million. The deal is believed to have been concluded last week between a Malaysian company called Dinapore, and Secure Venture Investments,
      326 words
    • 784 15 Reuter LONDON equities continued to move lower at the opening yesterday, extending Monday's declines following Wall Street's fresh overnight fall. At 10.15 am, the FTSE 100 Index was down 5.3 points to 1,661.3. On Monday, the FT 30 Index was down 14.7 points at 1,323.7 while the FTSE
      Reuter  -  784 words
    • 578 15  -  Interests in BCB and AMI to be transferred for a total of M542.7m By AMY CHEOK AGGRESSIVE Fleet Group Sdn Bhd is selling its interests in two financial institutions, Bank of Commerce Bhd (BCB) and American Malaysian Insurance Sdn Bhd (AMI),
      578 words
    • 202 15 YEO HIAP Seng Ltd, replying to a query from the SES on press reports of the possible sale of its stake in a Hongkong subsidiary, said it has to date not entered into any negotiations with any party on the sale of its stake in Yeo Hiap Seng
      202 words
    • LATEST RESULTS
      • 88 15 Group after tax profit of MS3.7 million (M$2.96 million) on turnover of MS30.5 million (MI27.31 million) for the half year ended June 30, 1986. The company attributed the improved performance to the successful launching of a new scheme, the Verona Townhouse project. However, in view of
        88 words
    • 469 15 MALAYSIAN BUSINESSMAN Datuk Syed Kechik's ambitious plans to inject his privately held assets into his listed vehicle Temerloh Rubber Estates has been trimmed down to size by the authorities. After more than a year since the proposals were first announced, the company
      469 words
  • Page 14 Advertisements
    • 358 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 186 PURSUANT TO SECTION 290(2Mb) AND IN THE MATTER OF FOCK HUA SHING (PRIVATE) LIMITED At an Extraordinary Genera) Meeting of the above named Company duly convened and hekJ at 6001 Beach Road, #12-01 12-11 Golden Mile Tower, Singapore 0719 on
      358 words
    • 395 14 IN THE MATTER OF THE COMPANIES ACT. CAP. 185 Pimaat to Seettoa 28*2)(b) (SINGAPORE) PTE LTD (la Members' VthuUry At ma Eiliiwtoiry GeaerU Mecttag af toe akaveaamed Campaay illy eaaveaed aad keM at 111 Narto Bridge Bwi #22-91 Peateaala Ptaua Sagator 1M at II.M a.m. toe ftolawlag reaalattoaa were ill;
      395 words
    • 312 14 IN THE MATTES OP THE COMPANIES ACT, CAP. ltt AND k'fc y 11H' r.v y 9 FRESIA PTE LTD (INVOLUNTABY LIQUIDATION) MEMBERS' VOLUNTARY NOTICE IS HEREBY GIVEN that the creditors of the above company, which Is hereby voluntarily woundup, are required on or before 14th October 1086 to send In
      312 words
    • 393 14 OFFICIAL NOTICE PROPOSAL TO CHANGE SHIP'S NAME We, Argo Tiga Shipping Pte Ltd, a Singaporean company having our registered office at 10 Anson Road, #33-15, International Plaza, Singapore 0207, hereby give notice that In consequence of the purchase by us of the ship mentioned below we have applied to the
      393 words
    • 6 14 On target, CHART POINT every Saturday
      6 words

  • Page 15 Advertisements
    • 117 15 NEW ISSUE These Notes having been sold, this announcement appears as a matter of record only. SEPTEMBER 1906 U.S. $75,000,000 &.NOL iNEPTUNE ORIENT LINES LTD NEPTUNE ORIENT LINES LIMITED (Incorporated under the laws of Singapore) Guaranteed Floating Rate Notes Due 1992 Unconditionally guaranteed as to payment of principal and interest
      117 words

  • 811 16  -  Charges fly on second day of Committee of Privileges hearing By DAVID GABRIEL Special Correspondent WHEN Mr J B Jeyaretnam mounted attacks on the judiciary under the protection of parliamentary privilege, he was "impetuously or deliberately" engaged in getting
    811 words
  • 398 16 PARLIAMENT'S Committee of Privileges is hearing a complaint of abuse of privilege submitted by the Leader of the House, Mr S Dhanabalan. The grounds for complaint were that the Member for Anson, Mr J B Jeyaretnam, had on six occasions during debates in Parliament: persistently made
    398 words
  • 641 16 ALLEGATIONS that the Government was behind the transfer of Senior' District Judge Michael Khoo to the Attorney-General's office were denied yesterday by Chief Justice Wee Chong Jin. Giving evidence to the Committee of Privileges, he said that he had come specifically to answer
    641 words
  • 228 16 AFP Reuter PHILIPPINE Defence Minister Juan Ponce Enrile yesterday said that he saw no reason to resign in spite at criticism by some of his Cabinet colleagues of his hardline stance against Communist insurgency. He lashed out at criticism of his advocacy
    AFP; Reuter  -  228 words
  • 511 16 AMERICAN politics is Hollywood, Madison Avenue and television. These "afflictions" account for the show biz and exaggerated quality in American politics. There, what counts is style rather than substance. Speeches acquire an advertising pitch, while issues are oversimplified for 30second slots on
    511 words
  • 372 16 UPI JAPAN'S overall trade surplus in August doubled from a year ago to US$7.5 billion, but the volume of exports declined for the sixth consecutive month. The merchandise trade surplus last month was the third highest monthly figure, but was down from the US$B.l9 billion set
    UPI  -  372 words
  • 128 16 Bernama THAI EXPORTS to the US continued to grow during the first six months of this year, rising 18.8 per cent to U*****.7 million. US statistics released in Bangkok yesterday disclose that the growth of Thai exports to the US shows no sign of
    Bernama  -  128 words
  • 402 16 SWEDISH BUSINESSMEN seeking a route into Japan's markets should consider using Singapore as a base in a novel approach to attract investment, the chairman of the Economic Development Board, Mr Philip Yeo, said yesterday. They can then take advantage of
    402 words
  • 131 16 FIRST Deputy Prime Minister Goh Chok Tong arrived in Bonn yesterday afternoon on the third leg of his three-week official tour of Western Europe. He has so far visited Britain and Holland. Earlier in the morning Mr Goh visited the
    131 words
  • 92 16 Reuter COMEX gold futures, after gaining almost US$2, yesterday changed course in early trading on selling pressure triggered by a second day of limit losses of US$25 in platinum futures. Gold for delivery in December fell to U*****.50 an ounce after edging up to a high
    Reuter  -  92 words
  • 62 16 Reuter WALL STREET stocks surged higher in early trading yesterday, with IBM leading the blue chips. Airlines provided significant support and drug stocks, which have been taking a pounding in the last week, recouped some of their losses. The Dow Jones Industrial Average jumped 13 points to
    Reuter  -  62 words
  • LATE FILE
    • 47 16 AFP MALAYSIAN Primary Industries Minister Lim Keng Yaik said yesterday that he had begun a final round of consultations with key figures in the hope of finalising a new International Natural Rubber Agreement. "We hope to finalise the negotiations by October." AFP
      AFP  -  47 words
    • 51 16 Reuter WORKERS in China were told yesterday that they could be dismissed for arrogance or quarrelling with customers. The government laid down a list of offences that could earn state workers the sack, and announced an insurance scheme to cushion the effects of being fired.
      Reuter  -  51 words
    • 38 16 AP PRESIDENT SUHARTO yesterday ordered his economic ministers to speed up long-delayed development projects because they were costing the government about US$l3 million a year in commitment fees to the World Bank. AP
      AP  -  38 words
    • 40 16 UPI THAI Premier Prem Tinsulanonda, in a move to ensure peace in the military, yesterday welcomed back into the army 28 officers who had tried to stage a coup against him five years ago. UPI
      UPI  -  40 words
    • 44 16 Reuter RELATIONS between Australia and Indonesia are bade to normal after Jakarta on Monday withdrew its ban on landing rights for Australian military aircraft. "It was a passing incident," Australian Prime Minister Bob Hawke said in Brisbane yesterday. Reuter
      Reuter  -  44 words
    • 51 16 AP BUDGET ministers of the European Community yesterday agreed on a 1967 draft budget and warned that new savings were needed to prevent a troublesome shortfall in this year's budget. The ministers agreed on spending 35.9 billion European Currency Units for the 1987 calendar year.
      AP  -  51 words
    • 50 16 Reuter THE CANADIAN government and six telecommunications companies will establish a training institute for senior telecommunications managers from developing countries. The institute will provide an opportunity for the display of high-tech hardware to officials from countries which would soon be shopping for telecommunications equipment. Reuter
      Reuter  -  50 words
  • Page 16 Advertisements
    • 50 16 o Serving the- finest in North Indian Tandoori Cuisine. Set lunch: $8.50 includes Tandoori Chicken Chicken or mutton curry Vegetable Jalfrazie or Mattar Paneer Pakori pappard Rice or naan. Open daily Lunch: 11.30 am to 3 00pm Dinner: 6.30pm to 11.00pm 25 Cuppage Terrace, Cuppage Road, Singapore 0922 Tel; 732-6331
      50 words
    • 171 16 P/azammmm Office Shopping Complex The facilities of a city centre: yours as a tenant a Peninsula Plaza, Peninsula Hotel and Excelsior Hotel, the important real —v estate developments at North Bridge Road/Coteman Street, now pool Dcwnjci ii"a rrrv resources to provide tenants of PENINSULA CITY Peninsula Plaza with business city
      171 words
  • Page 16 Miscellaneous
    • 57 16 mMim Outlook: Foir ovornight with showers in several oroos in th« oft or noon. Rep art for 24 hours prior to 7.30pm on Sop 9 at the airport: Maximum temperature 30.5 Associated humidity 66 Minimum temperature 23.8 Associated humidity 96 Hours of sunshine 6.50 Rainfall in millimetres 0.6 Roinfall this
      57 words

  • SHIPPING TIMES
    • 340 17  -  By SHAHRIR ARIFF EAC LINES will soon begin its Asia West Africa fully containerised service, according to its agent in Singapore, Bakke-Sime Darby Shipping. The service will be launched with the Bunga Permafs first sailing from Singapore on Sept 19. The ship
      340 words
    • 433 17 SHIPPING agents have been asked by the Port of Singapore Authority to place their pilotage orders and amendments by telex from Oct L This will help to reduce the congestion of telephone/VHF calls, according to a PSA circular distributed
      433 words
    • PORT SIDES
      • 60 17 THE UNITED STATES plans to sell two "Phalanx" ship defence weapons systems to Britain for US$22 million. The radar controlled high-speed guns are already in use on a number of British naval ships as a close-in defence against attacking missiles and aircraft. Prime contractor
        60 words
      • 40 17 KOREAN YARD Daewoo has delivered the last of five 36,000 dwt sophisticated parcel tankers ordered by Stolt-Nielsen in September 1983. The Stolt Jade and her sisterships can carry up to 58 different types of cargo simultaneously.
        40 words
      • 48 17 RICKMERS LINE has extended by one more year the time charters on two United Arab Shipping Co multipurpose cargo vessels and given them charter names. The 23,600 dwt Ibn Younus has already become Rickmers Shanghai, and the A 1 Mubarakiah will be renamed Rickmers Tianjin.
        48 words
    • 1399 18 PERIOD charters proved a prominent feature of the London shipping freights market again on Monday, while Western Atlantic grain and coal rates remained under bullish influence. Europe was a particularly popular delivery area for period business involving large bulkers. Norman Bulk Carriers booked the 128,000 dwt Tribulus for
      1,399 words
    • 412 18 Reuter AN INTERNATIONAL maritime conference on Monday discussed urgent US proposals to tighten security against terrorist attacks at ports and aboard ships and delegates said there was wide agreement on the measures. US delegate Rear Admiral J William Kime said he expected his
      Reuter  -  412 words
    • 833 18 AFP THE RECENT improvement in rate levels in several sectors of the freight market continued apace over the past week, lifting shipowners' hopes of a sustained upturn in this long-de-pressed market. Buoyant demand continued for Panamax-size tonnage (50,000-60,000 tonners capable of navigating the Panama Canal), particularly in ports
      AFP  -  833 words
    • 928 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Lmer X 1 AC Toepfer X 5 Anro Seivice IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL I 1/2 APC Lme V 4 APL W 2/3 ASCL W 1 BaJt-Conada Line
      928 words
    • 179 19 THE MAJOR shipping consortia operating between the Far East/ European, Far East Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line
      179 words
    • 148 19 A PAPERLESS cargo documentation service, which could reduce the mass of paperwork currently needed to ship cargo around the world, is now available. Wilships, which offers this service, said it was now possible to make shipments without paper documents, to pass through the 28
      148 words
    • 455 19 Lloyd's List A WORLD TANKER ordering boom of proportions probably not seen for more than a dozen years is under way as contracts and potential orders rise to well in excess of US$l billion. So far, several important contracts have been confirmed
      Lloyd's List  -  455 words
    • 212 19 MARINA BAY will be closed to marine traffic (or two days in November because of an international Inshore Power Boat Grand Prix. Tbe bay will be closed from 1200 hours to 1430 hours on Nov 22 and from 1600 to 1730 on
      212 words
    • 227 19 MACGREGOR-NAVIRE has supplied the innovative shortsea ro-lo vessel Alster Rapid with a shipset of cargo access equipment that (or originality and the mix of cargo made possible by its use, must stamp it as unique. The 2,515 dwt vessel, though small, is so equipped
      227 words
    • 87 19 SOUTH-EAST ASIA'S freight industry professionals will have at their disposal the first regional cargo reference book and directory when the Cargonews Yearbook *87 is published in the middle of next year. It is a sister publication to the region's only freight management magazine, Cargonews Asia, which will
      87 words
    • 6059 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
      6,059 words
    • 965 25 AT CONVENTIONAL WHARVES v——\ Barth Arrival Departure KEPPEL WHARVES 10 9/2359 Global Uranus K30 alongside Golden City K29 alongside 109/2300 Hong Eng K27 alongside 10 9/0600 Pres Jackson K18 alongside 10 9/2300 S'thern Glory K28 alongside 109/0100 Thang Long K21 alongside 10 9/0600 Builder 3 K23 10
      965 words
  • Page 17 Advertisements
    • 803 17 luiniluTs < >1 HIM 1)u If M i,t{ OOCL OHjENT Oveiqeas Co«teum* Line lARBW 9*rw AffNCES (l#| Ik. 242*4/ (MX) 200 Cantonment Road #12-06 Southpomt Smppore 0208 Tel *****11 TELEX NO RS ***** TERMNAL/CFS 3200 21S TO 220 BOOWNGS 3200 234 TO 235 pcsma mm svrvs acences son m PETAL
      803 words
    • 64 17 AN INTERNATIONAL moritime conference on Monday discussed urgent US proposals to tighten security against terrorist attacks at ports and aboard ships. Pag« II A WORLD TANKER ordering boom of proportions probably not seen for more than o dozen years is under way. Pag« 111 Indei to advertisers II Shipping schedules
      64 words
    • 819 17 Available at aU good bookshops V> rri LS FEDERAL PUBUCATIONS J/ THE HEART 7 OFTHE DRAGON MAERSK LINE FASTEST TRANSIT TO EUROPE SINGAPORE/ANTWERP 17 DAYS SINGAPORE/ROTTERDAM 18 DAYS SINGAPORE/BREMERHAVEN 19 DAYS SINGAPORE/HAMBURG 20 DAYS Voy S" pore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA 6 ASIA WvWS' CFS is/s
      819 words

  • Page 18 Advertisements
    • 249 18 Leu V C T TATT7 1 yamashita-shinnihon line TOI X •O* f f1 W F*J TRANSPACIFIC SERVICES STRAITS FEEDER I Pacific South Wnt I Pacific North Wwl I Atlantic/Canada Fwdtr at Kao I Factor at Kao I Faadar at Nagoya ILLMBI BfTTTTj rmnr'Mßwa/if nnrTv!TMKFif PU Bembcth> ji.. tEMimimiiiil BrrTTTT^TTT^I!—IDIUEMM!IIO—i 1-J'Ml.l.TirMnw
      249 words
    • 327 18 Sea, TO: PANAMA Supercarrier Service r C. AMERICA 11/9 111-I}/) 29/9 I K- 71 9 MM 111/19 I 19-13/11 TOM 129/10 22/11 24/1* 24/10 C/U 1/11 U/U 21/11 21/11 2VII 7/12 9/12 11/12 29/10 30/10 12/11 114/11 27/11 129/11 15/12 lit' ii KZHSM mmtm MM). 1 fimMa. i Ante. Ciracao.
      327 words

  • Page 19 Advertisements
    • 924 19 WBWt "The Straits Steamship Group Mansfield Container 'fjf Shipping Re Ltd occ Overseas Containers Limited 1 STRAITS SHIPPING f Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COHTAJNERSH? SERVICES TO/FROM BANGKOK j;K! imr.fiKi: SERVICE FROM UK/CONTINENT. H'bwf B hi»*n R (torn Le Ha CARDIGAN BAT SaM SJM SaM SJM KITANO
      924 words
    • 877 19 Franco Belgian Services f&j r I ,w tr. n. h x.-r. ■< >« ith I ir .1 «f.-rn I in. com mi soma to oaon c STOK PJOME L« Ham Ita f-Stoaw Ha* rttnw M iotu* onm u sapt < i sapt) 29 sapt 31 sapt uOd mm koo 17
      877 words

  • Page 20 Advertisements
    • 326 20 u Hapag-Lloyd 10 CONTINENT/UK EXPORTS tM haMafe ta etiaad dnfeubn m imp* TO EUROPE/MED Spore PKdanfrenanf Leuwsl I. QUNGMO 11/10 I SHMGHM 17/11 Bfcao Caw Hbur( (dan Bha»«n «rp U/ll 15/11 12/11 19/1215/12- 12/12 FROM N CONTINENT &UK IMPORTS Agents SEGANI* Sin|apart *****66 K. Ltwpw Booknc *****71 P. Kdant FreitW
      326 words
    • 651 20 K.&.line FULLY CONTAINERIS ED SERVICE TO EUROPE VIA SUEZ *PTUNE CKYSIM 36* *O«AN CHANCE 28* SEVEN SEAS BROGE iVH MERCATOR 40* A Membef of the Act Consortium ItMjwf t dMi Fj(wm HTurj Mwp 29/9 30 9 1/10 4/10 7/10 6/10 7/10 8/10 11/10 14/10 13/10 14/10 15/10 It/10 21/10 M/
      651 words
    • 449 20 fff Hai Sun Hup Co (Pie) l td TEL *****06 (20 Lines) TLX RS ***** F RS ***** t I ASH KN CAR I IM R. I I I). STRAITS/JAPAN/STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS VESSEL SEN NAGOYA PRMCE ONI ASIAN CUTER ORANGE ZENITH VOY NO 42 2
      449 words
    • 1272 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GRAM) 11/9 fVM U«CI 17/9 um na gieany 17/9 UN HAWSOME EVER GUMIT 22/9 EKI OBTAM EVER GUMIT 21/9 EKR GUEST ft 9 GOIKN 1/11 IK* GOMG 1/1* EVfB GAIItk 15/10 uso kcarns cmgo io 1) PtOWJENCE Kmn SAVMMAIL MLMNGTON
      1,272 words

  • Page 21 Advertisements
    • 888 21 x A PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL kota singa MAJAPAHIT OOWA SIN JKT SBY SIN HKQ KAO *TCH KEE BUS *MUR *HTC YOK KOB KEE Sid Ski SM 15/9 19/9 17/9 19/9 20/9 23/9 2S/9 29/9
      888 words
    • 1024 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTfCNT Frartftrt Eipreis 11/5 12/9 Cardan Bar 27/1 H/1 Mara Mare 20/9 2#/9 Slow HAM BtMVEN ROAM U/9 12/9 1/10 2/11 4/io 5/10 */2 2(2 J* /1# »/>• IVl* 14/10 20/9 28/9 18/18 17/11 19/10 29/10 Bremen Eiprets U/10 13/1# B«~»« H/10 21/11 Ma*«|i
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    • 592 21 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYD e P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA e P.T. TRIKORA LLOYD SEMI CONTAINERSHIP SERVICES x SIN6APORE TO EUROPE Tfw bkmen «dmi/«-mm traac OCEJW m h P*t 4/19 7/11 11/11 IMB I I Tfm MHO AIMM/RIMM mn KW tWIUMT Vl9-M 17 19/19
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    • 431 21 **]`\*[$,${-`^>$}>':%(_:<!.;%{_ BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadnf for Rangoon Sport PJ(dm| Penary Bangkok MEMU V74M 13/15 S*t n AN V/100N 15/17 Uft HTONEYM V/214V 21/30 UfA V* BANK LINE EXPRESS SEM-COWTA BB3MB TO UKC SPORE ROAM HUU H CLYDEBANK VISM 2/10 20/10 29/10 TAMAITAI
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  • Page 22 Advertisements
    • 1164 22 USA CANADA »TI COAST (Bound Tho World Sorvico) [3 K LINE KAWASAKI KISEN KAISHA, LTD. H GARNET 0. OMENTAL FREEDOM ¥10 6. N HODGE V 2 0 PATRIOT V3l FEEDER *Sl MERCATOR *3* CJL TOKYO *5£ EUROPE (VIA SUEZ) KOREAN CHANCE *21* SEVEN SEAS BRDGE VSIN MERCATOR V4ON CX TOKYO
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    • 746 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P Manf lm« Vessel Spore Me* f'f Sfdn Also Accepts CHANUOAS V 2112 Sent 30 Sept 9 Oct 1 Oct Md/fcrs CALABAR V2J 16 Sept MBIRDAS V3O 18 Sept 3 Oct 12 Oct 10 Oct Adel/Bris £STICIIP«R V 7 24 Sept RAMOAS *25
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    • 746 22 GOLDEN LINE Wre tVi GUAM GUAN SWUNG (PTE) LTD 23, M »r« Sired lp T *4 SMCAfOH DIM IU ***** M (M IKS) STRAITS/PERSIAN GULF SERVICE: s*.. GOLDEN HMEN Colombo K»»ichi Ootu Wirwi 25/21 S*l CHMA OCEAN SHPPING CO.. PEKMG THE PEOPLE'S REPUBLIC OF CHMA M li} ini um: juani*;
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    • 411 22 IMTRASEA (PTE) LfD 10 Anson Road »27 16 Internat'ona' P a/a Singapore 0207 Tel *****1 1 <1 O L-nes) ffOAASIAIUn o_ BREAKBULK SERVICE TO EUROPE/UK S pare P. K«Une L*a«l| MrOLTinC WGWTT 88M921 Salad mr. WORLD (WES *****1S 14/9 SETE/ROT/ANT/M (AVON PHIL I IRON SHIPPING AGENCIES PIE I ID PHIL
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  • Page 23 Advertisements
    • 750 23 NOL Spore Tat Mo orttt *****77 NEPTUNE MFNCCS PTE LTD Ft EU/MfiT TPA/SEA ItramX CFS IOOUNES *****77 *****53 *****4? *****22 *****53 01 OKCT UKS 27*11) 27*116, pjwST 3689W7/*****45/*****53/*****26 NEPTUNE ORIENT LINES LTD J 1 MPLIf SOW OH) au//l/iwwiww ISM SO* BHD 61S5H/62M35/627M0/*****1/*****2 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member of
      750 words
    • 526 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON spom hginis KPIUNI AGf NCIf S PTI no let *****7 7 *****J4 (Bookmjs) ?7?7b10 (Opf rations I ???748/ ??09?84 IrrrrwiaO *****50 *****04 (CFSi MH«»SI* ncfNis lUNAS Sill* SOf< HHP HI Tel 7/40b% ?740*»97 PK Trl }W>U
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    • 777 23 r, SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BUILDING 55. Market Street Singapore 0104 let: *****33 (15 Lines) Tern** Office: *****41/2 Cable Address SJNSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** P KELANG M/S SHARK*! WAH SOON SON BHD. IST AND 2ND FLOOR. NO 1 lALAN CEMPtNMG PORT
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  • Page 24 Advertisements
    • 333 24 ifflßfl REGIONAL CONTAINER LINES JO BANGKOK (4 SAILINGS A WEEK) ESI ra*® n37n rora cimi CTCr^MEßlSEgimiJmfiftSMßEg] ■[23EE21 \m "irfrm P*^ihks>£l (2HE2Z3 ira »inwn CTl[ IEESH QZ3EHI TO SOUTH THAILAND El* Vvl FFHM F» in n MALACCA STRAITS FEEDER SERVICE 3 SAILINGS A WEEK rw'i'i; IP! l .1 "Ji.iil.'.JEMl M1'."1.! 1
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    • 123 24 DAIICHI CHUO KISEN KAISHA. TOKYO M.V. SEIZAN MAW) ¥607 12 Sept 15 Sept KASHMA/NAKAYAMA M.V SHENSHO MARK V ***** Sept 24 Sept KASHMA/NAGOYA HAI SUN HUP CO PTE LTD (Singapore) T».| ~»<«!:•». T -'U .f H S H (M| Sdn Bhd (Port Keiang* T *****6 "W VA PROMPT SHIPPING LINE
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    • 104 24 OCEAN BRIDGE SHIPPING PTY LTD. FREMANTLE V REGULAR SAILING TO FWEMAMTLE/PT HE OLA MO m icua coast n» 1 j/» rro is/» G«nerai A<ente Imkov Shipping Co Pto Ltd. 131 C*d SM #IM2. Cttl Cart Sp»f (IK T* *****73 I4n lb B ***** WW THUS' UNOR I K/m MBAOMXR I
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  • Page 24 Miscellaneous
    • 152 24 i Regional Weather V e m 4 I v Fi > m 5< A >• E? SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Shower Rain Cloudy Sky SufMe wladi are I Temperature Weather C CT" Wind direction with speed in knots nMI Wave height
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  • Page 25 Advertisements
    • 137 25 LCL/FCL TO HONG KONG/ CHINA ETD 16/9 Also accepts LCL/FCL to other destns. FREIGHT MANAGOENT: SJN6AMK TEL *****11 (12 IKS) POUT KELANG TEL *****07/S PENANG TEL 36M07/*****4 CHART POINT SATURDAY MSC AGENCIS K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHARU LEOSHP SPORE *****88/*****56/*****48/*****93 *****11/4 TERMMAL *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5
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    • 644 25 CORMORANT BULK CARRIERS VANCOUVER B.C. CANADA MDOMESIA USA AM) CANADA NEST COAST CONVENTIONAL SERVICE IOAOtNG FOR VANCOUVER BC. SAA FRAMCISCO anpw KL« PAI PMU PNMNC VESSEL n-n/1 29-l/K 3-t/ll 9-11/ M ono IOMME nan subkct boucocnt MDONESIA/ MUA CONVENTIONAL SERVICE LOAOOK FOR MADRAS HAIDIA BOMBAT UPAM) SWA CIHBON TGfHO* PT*
      644 words
    • 883 25 E* C I\IC LINES WEEKLY FCL LCL CONTAINER SERVICE CMM LI MM KUO HSMC WO STORE 11/5 l«/» m 13/J 20/9 *G 20/9 27/9 KM) 21/5 21/9 f/C 23/9 30/9 KEE 23/9 30/9 «0 30/9 7/10 NGO 1/10 1/10 KOB 2/10 9/10 MOJ 3/10 10/10 BUS 4/10 11/10 Berthing at
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  • Page 26 Advertisements
    • 456 26 FINE-LINER SHIPPING PTE LTD TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL A CONVENTIONAL INDOLE EAST SERVICE 14/9, 18/9, DUBAI. BAHRAM. MUSCAT, DOHA, DAMMAN, 27/9, 2S/9 KUWAIT ABU DHABI HONGKONG/CHMA SERVICE 14/9. 23/9, 30/9 XMGANG, BEUNG, TIANJM. SHEKOU, SHANGHAI. 8/10 GUANGZHOU. WHAMPOA 16/9, 23/9 BANGKOK 25/9 MADRAS AUSTRALIA
      456 words
    • 427 26 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HEAPCO FuTcOWTAftR SERVICE TO PORT KELANG/PENANG vov NO NKK «4%U vr.irMi HfE WRECT WEEKLY CONVENTIONAL/CONTAINER VESSEL *0T NO SWK KIINS LMTWG Vl7tM II ®I WV ®t
      427 words
    • 507 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FlllY CONTMfMSED SDIWCI 10 EUNK (VU 9CZ) KOREAN CHANCE 2tm SEWN St AS BMW VS7W iocator V4O« a TOKTO V4lO FULLY CONTAfBHSED SERVICE FROM EUROPE (VIA SUEZ) a T«YO s MMU> Mia IX a pmb m am
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    • 818 26 Everett Linesl COMPAHA PERUANA DE VAPOREES (C.P.V.) ••PERUVIAN STATE LINE" loading lo( CaHao Mataiani lo and a* otiwt Ptrvnai ports mtti IfMistapmmt at Kobe On CPV Throufti B* ot Lad«i| to koal destination Penjnf* P. Ketone HANOI OEVERETT KMCVEKTT MUmATEVEXETT Sm(apore 13/14 S«p 4/5 Od 11/20 Oct "EVERETT ORIENT LINE
      818 words
    • 289 26 ZIM i SMi. II J. i i J mm ff KSStI 12 J M I WSStI IS 5 M 1 KSSa 23 9 M KSSEI ok nampuugsjui Ml 23.1MU251M5271M1 •Jl 2.11J11 Allji UIJI M/U IVU IVU 117/11 ::r ZIM eilat container line sa m* tu pc «a us at MDJOUM
      289 words