The Business Times, 27 October 1987

Total Pages: 28
1 28 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 TUESDAY, OCTOBER 27, 1987 75 CENTS
    11 words
  • 184 1 Exchange rates THE S$ strengthened against the US$ to close at SS2.0825/35 (S$2.0850/60) in thin trading yesterday. It also rose against the HK$but fell against the M$. yen, DM, Swiss franc and US$: U 1.85/95 yon, 1.7770/80 DM, US$1.6825/35 M$ SS0.82 58/66 Overseas markets Monday HK Hang
    184 words
  • 317 1  -  By AMY BALAN SINGAPORE INVESTORS were severely splattered by the bloodbath in the Hongkong stock market yesterday. "It was sell, sell, sell." said a foreign broker who acted for Singapore institutions which had invested in Hongkong. The ordinary man-in-the-street was also hit. Retail
    317 words
  • Article, Illustration
    776 1  -  Hang Seng falls 1,120 points, 34pc of market value wiped out By ALAN LEE Companies Editor "WELCOME TO the carnage'' was how one Hongkong broker greeted the Hongkong stock market when it opened for trading yesterday after a controversial four-day closure last week. And carnage it was
    776 words
  • 271 1 THE HONGKONG government has decided to waive for one month the rule requiring an individual to make a general offer when acquiring more than 35 per cent of a listed company. A government statement quoted Takeovers Committee chairman Ray Astin, who is also Commissioner for
    271 words
  • 388 1 Reuter AFP PHILIPPINE President Corazon Aquino has vowed to prosecute her politically powerful brother Jose Cojuangco if evidence shows he is involved in any shady deals. "Nobody is above the law," Mrs Aquino said on a radio programme on
    Reuter; AFP  -  388 words
  • 127 1 Reuter MALAYSIA'S ruling Umno party will go ahead with a rally next weekend to mark its 41st anniversary in spite of heightened racial tension in the country, a party leader said. The Secretary-General of Umno (United Malays National Organisation), Oatuk Seri Sanuni Junid,
    Reuter  -  127 words
  • 62 1 WALL STREET stocks fell sharply and broadly yesterday following concern about the dollar that helped weigh down Tokyo and London stock exchanges. The dollar opened lower in New York, but above levels in Europe. The Dow 30 fen 81 to 1868 and declining issues overwhelmed gainers 10-to-one.
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  • 57 1 SHARP opening losses on the London Stock Exchange were accentuated by mid-session yesterday. At 1200 GMT. the FT Ordinary Shares Index was standing 102.9 points lower at 1,293.9 points, against an opening 1,312.9 points. The 'Footsie' 100 Share Index was 119 points down at 1,676.2 points
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  • Page 1 Advertisements
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    • 291 1 SHARE INFORMATION MONEY ft EXCHANGES COMMODITIES AIRCRAFT SCHEDULE CROSSWORDS TV ft RADIO BRISTOW EMPLOYERS have been told they will be able to get more workers if they tap the economically inactive people who have indicated they are now willing to work. HOME NEWS, Page 2 SOUTH KOREAN opposition leader Kim
      291 words
    • 36 1 FOCUS, PAGES 16 17 Beijing movta in to prop up HK share prices Factors that hslp undarpin local markat Wall Straat scars PERSPECTIVE, PAGE 9 The Craeh through the eyes of three authors Shipping separate section
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      111 words

  • HOME NEWS
    • 387 2  -  By CHUANG PECK MING EMPLOYERS will be able to get more workers if they tap economically inactive people who have indicated they are now willing to work, Mr Lim Boon Heng said yesterday. This,
      387 words
    • 119 2 THE PWD has commissioned a study of traffic patterns in HOB new towns to examine the efficiency of present transportation, the possible changes when the MRT comes on stream, and the feasibility of new systems. This study, called the Singapore Urban Transport Improvement Study,
      119 words
    • 495 2 MORE PEOPLE registered with the Labour Ministry were looking for jobs as labourers than as production workers. Only 261 jobless people on the register wanted to be production workers compared with 627 who wanted to be labourers. However, there were more job openings for
      495 words
    • 195 2 PUBLIC TOILETS at the East Coast and Changi Beach parks will cost a little more to use following the recent appointment of a private contractor to manage and maintain them. The public will have to pay 20 cents to use the 10 public
      195 words
    • 391 2 NOT ONLY will people who are drunk or drugged not be allowed into Mass Rapid Transit premises, so will people who wear clothes which are liable to soil the stations or the clothing of other passengers. These are some of the regulations which will come
      391 words
    • 62 2 DR ARTHUR BENG (Fengshan) will ask when Parliament meets on Nov 9 what steps the government is taking to keep the Singapore port free from congestion now that the economy is picking up. He also wants to know if the port will, given the competition from other
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    • 463 2  -  By DAVID CHEW of the Foreign Desk IT IS IMPORTANT that Asean adopt an outward looking trade policy, basing its strategy on the global rather than the regional market. This call was made by the visiting chairman of the Research Trade
      463 words
    • 315 2 PRODUCTIVITY MONTH '87 will focus on getting people to take pride in their work. It is expressed in the statement that everyone must "do the kind of work they would be proud to put their name to". National Productivity Board executive director
      315 words
    • 90 2 SINGAPORE Computer Systems has just won a $1.3 million contract for further computerisation of the Environment Ministry. The company will help the ministry computerise hawker licensing and receipting and environment health licensing. Besides system development, the contract also calls for the re- placement of
      90 words
    • 282 2 PATRICK COPELAND has been named president and chief operating officer of the New Yorkbased Inter-Continental Hotels Corporation. He takes over from Hans G Sternik who has resigned from the company. Mr Copeland, who was formerly chief executive officer of Cinzano International, Geneva, will now be responsible for
      282 words
  • Page 2 Advertisements
    • 189 2 United States Constitution Coins Struck by the US Mint to honour the 200 th Anniversary of the United States Constitution. A> I A' R Si W8 >5 (.old C oin 4 SI Sil»er Coin Coins *o bo< reflect actaal rin The Gold Five Dollar Coin Struck in .900 fine gold.
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    • 10 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
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    • 247 2 SALE BY TENDER under instructions from WHITE INDUSTRIES SINGAPORE PTE. LTD. LOCATED: SYDNEY S3 0 LOCATED: SINGAPORE Machine for 8 ft. capacity "OYNASAW* Cutter and 3 x "OVNASPAN" 21 ft. Vacuum Lift Beams 2 x "MANITOWOC" Model *****50 Ton capacity Crawler Mounted Tower Cranes, Serial Nos. ***** ***** (1983 1981)
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  • ASIA – PACIFIC
    • 334 3 AP THE SOUTH Asian Association for Regional Cooperation 4SAARC) at its third summit meeting early next month will agree to curb terrorism and to establish a food reserve system, officials said last Sunday. The meeting will be the first held
      AP  -  334 words
    • 227 3 AFP THE Australian government would not be panicked into bringing down a mini-bud-get which the opposition is demanding in response to last week's share market crash, Treasurer Paul Keating said. Mr Keating told reporters yesterday that the government was "not running around like a chook (chicken)
      AFP  -  227 words
    • 359 3 AP OPPOSITION LEADERS in Bangladesh said on Sunday they would continue plans to stage a 'Siege of Dhaka' on Nov 10 to force President Hussain Muhammad Ershad to resign, despite warnings from the government. Reacting to a government statement on Saturday that called
      AP  -  359 words
    • 161 3 Reuter PRESIDENT Mohammad Zia-ul-Haq of Pakistan has asked rich Islamic countries to move part of their investments elsewhere to other Muslim countries. Opening a symposium last Sunday in Islamabad. Pakistan, on Islamic banking and trade finance, he said a shift of resources would promote
      Reuter  -  161 words
    • 452 3 AP SOUTH KOREAN opposition leader Kim Dae-Jung demanded yesterday that rival leader Kim Young-Sam drop out of the presidential election race as the split within the opposition deepened. Kim Young-Sam promptly rejected the demand and responded by demanding Kim Dae-Jung drop
      AP  -  452 words
    • 141 3 Reuter FIJI'S deposed prime minister Timoci Bavadra has accused the South Pacific island state's military government of denying the people basic civil rights. "I find it difficult to understand how the job of national reconstruction and nation-re-building can proceed when the public
      Reuter  -  141 words
  • Page 3 Advertisements
    • 148 3 From a typist's chair to acres of fully furnished office Mm I H—- 1 5«8 Eft r I I r if Zv> s J• >;■'■> v.:' i '"•Y. 1 I ..-V, Getz has got it IF YOU ARE CONSIDERING RENOVATIONS OR A TOTALLY NEW OFFICE LAYOUT, OUR SPACE PLANNER CAN
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  • Page 3 Miscellaneous
    • 52 3 Singapore OUTLOOK: Sltowers are up«cM over nwil areas In «m afternoon. Report for 24 hours prior to 7.30pm on Oct 26 at ihs airport: Mai (MUD 33.7 Mlntamp ».1 Amoc humidity t7 Um MMkalllflA A Ml rwi w nmsmnv RaMaN In mm trace RaMaN M« mtti 7.7 Rainy days Ms
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    • 81 3 Doonesbury MRS. P, I KNOW YOU ru were a err reujc- sure TAKTTOGOOUTU/fTH ueUJUI J MB, BUT ONCE YOU WO,JE*'GETTOKHOWME, o FM SURB WE'LL HIT rroFF! I MEAN, I KNOW THAT I MARCH TO A PtFFEREXT KETTLE OF FtSH„ gg I IP ft -J a* ft BY GARRY TRUDEAU ..AHPIVS
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  • REST OF THE WORLD
    • 489 4 AFP THE ORGANISATION of African Unity (OAU) will hold a special summit in Addis Ababa on the last two days in November to consider a common African position on the continent's crippling debt burden. The OAU's 50 member states, already
      AFP  -  489 words
    • 359 4 NYT ORDERS FOR American-made machine tools rebounded significantly in September, rising 29 per cent from the previous month s level, according to a report yesterday by the National Machine Tool Builders Association. Orders for September rose to US$lB3.l million, from US$l42
      NYT  -  359 words
    • 253 4 AP PRIME MINISTER Andreas Papandreou has warned that Greece must swiftly reduce its bloated public sector deficit, increase labour productivity and attract more foreign investment. "In Greece, the economic resources for investment are crushed by the deficit of the public sector," Mr Papandreou said.
      AP  -  253 words
    • 242 4 Reuter SOME OF THE world's poorest countries and a number of small, middle-income nations all overshadowed by the problems of Brazil, Mexico and other big debtors have begun campaigning for what they feel is long overdue help from creditors. "The current debt strategy simply does
      Reuter  -  242 words
    • 181 4 UPI ECONOMIST John Kenneth Galbraith has said he now expects the US dollar to fall and perhaps to fall quite sharply. Galbraith, commenting in a television interview on the recent stock crash, said on Sunday governments will not be able to exercise much control
      UPI  -  181 words
    • 168 4 Message in market crash archbishop Reuter ARCHBISHOP of Canterbury Robert Runcie said on Sunday that the plunge in stock market prices offered a spiritual message for society and spotlighted economic differences within Britain. "Money is not everything by any means." he told British Broadcasting Corporation radio after preaching at Exeter
      Reuter  -  168 words
    • 146 4 AFP THE passenger traffic of airlines belonging to the International Air Transport Association (lata) should rise by 9 per cent this year, against an increase of less than one per cent last year. The association said the cargo increase will be 6.4 per
      AFP  -  146 words
    • 131 4 Reuter WORKER absenteeism costs British business £5 billion a year. The Confederation of British Industry said its survey. covering 1.25 million employees in nearly 450 firms, put Britain's absentee rate at 11.8 per cent, compared with 5.9 per cent in France and 3 per cent in
      Reuter  -  131 words
    • 354 4 AP US SCIENTISTS will need more money and another 30 years to determine if nuclear fusion, the process that powers the sun, can provide a safe and virtually unlimited source of energy on earth, a Congressional study says. The Office of
      AP  -  354 words
    • 245 4 AP THE World Health Organisation yesterday marked the 10th anniversary of the worldwide eradication of smallpox. On Oct 26, 1977. health workers in southern Somalia tracked down what became the world's last reported case outside a laboratory, a 23-year-old hospital cook, who survived.
      AP  -  245 words
    • 950 4 ARRIVALS I 1 Sarvic* Local From number Mm* SLA SQ11 0045 LAX/NtT CAL 0341 0155 TPf JAL JL6I7 0215 TYO FT FT75 0316 UH/OtO/ANC/ CAL NtT/MNL/TPE 0333 0405 TPE MAS MH68) 0620 KM SV SV398 0635 JED/tUH MAS MH8I1 0910 PB* MAS MH671 0920 KUL AC AC858
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  • Page 4 Advertisements
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      158 words
    • 3 4 Ptriptctlvc, Pays 9
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    • 154 4 fI 1a lg Ifl 1# The business person's choice, every I 1 1 II 111 I Tuesdoy, Thursday. Saturday and I 1 fl \l II a Sunday. Leaving Changi Airport at _I_ 1 X 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Call your Travel
      154 words

  • Page 5 Advertisements
    • 282 5 EniiiiHH'ivd like ik» oilier car in <lu k world. c 1 m o*oo* MW'hS Wm»z v W*-- Iosik i&Mit Mm. %g*Y. >•:•<: > i 4if W"* M :> m < "< %-AWhi. > y tui r- 4 A Vm A I ;-A 'T, <s> tor;®. A:'' ~r-i -?i 4#¥# X
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  • BANKING AND FINANCE
    • 414 6 Joint effort by businessmen and state government Reuter AFP LEADING Australian businessmen and the Western Australian state government have joined forces to provide a As3B4 million rescue package for Perth-based merchant bank Rothwells Ltd, State Premier Brian Burke says. The move followed a US$2lO million
      Reuter; AFP  -  414 words
    • 185 6 Reuter THE combined assets of Taiwan's offshore banking units (OBU) soared to a high of U559.42 billion at the end of September from the previous record of US$B.47 billion in August, the Central Bank said. OBU assets were US$5.B3 billion in September 1986. The
      Reuter  -  185 words
    • 472 6 Reuter DESPITE CUT-BACKS by several securities firms in municipal bond operations. US commercial banks remain committed to underwriting the bonds, bankers said. Currently, under the GlassSteagall Act, banks can only underwrite general obligation bonds. But several have Federal Reserve Board permission to underwrite
      Reuter  -  472 words
    • 92 6 AFP CHINA'S first credit card, the Great Wall Card, is to join Visa International under an agreement signed between the Bank of China and the international credit card group, according to the official New China News Agency. The Great Wall Card, available for
      AFP  -  92 words
    • 357 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Most operators were sidelined in the afternoon due to lack of interest with the market awaiting yesterday's release of US September personal income data. Term rates were steady to slightly higher at the outset,
      357 words
    • 60 6 THE OVERNIGHT RATE on the Singapore interbank market rose point to end at 4% per cent yesterday. One-month ended 5/16 point lower, two-months lower and three-months lower. S$ Interbank rates at 7pm yesterday: Off» MO ni«»« 4 3/4 4 1/2 (■month 4 1/16 3 IS/16 2-month 4 1/8
      60 words
    • 1532 6 INTEREST RATES OPTIONS Moi xJoy, Octobar 26, 1987 EURODOLLAR (SIME Dm 87 MM* Dm 87 put* Mflk Law Soft HUh Lmm 8aa •950 274A 308 1 9000 225A 258 2 9050 122A 210 5A 3 9100 I34A 163 ftA 9123 115A 142 I1A 9 9190 115 93A 121 12
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    • 214 6 Reuter THE BANK of Japan has no plans to ease its basic monetary stance now despite a US suggestion that monetary authorities worldwide consider such a move, central bank officials said yesterday in Tokyo. In an interview with Time magazine. US Treasury Secretary James
      Reuter  -  214 words
  • Page 6 Advertisements
    • 175 6 In Singapore, there's only one hotel that captures the legend by nature. I > TJI E ORIENTAL SINGAPORE For your out-of-town guests who have sampled the delights of a Mandarin Oriental Hotel, there's no need to explain the legend. For any guests who haven't, this is their chance to experience
      175 words
    • 87 6 ROBINSON CENTRE Office space for lease The distinctive 14-storey Robinson Centre is ideally located on Robinson Road, between McCallum Street and Boon Tat Street Both the Tanjong Pagar and Raffles Place MRT stations are within a few minutes" wafc Excellent frontage for use as a banking hall or showroom Superior
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  • MONEY AND EXCHANGES
    • 402 7 SIMEX Trading on Ode tbt 26 19S7 Opan Ugh low Son En Voi Op/lm Vd EURODOLLAR OK 87 92.22 92.63 92.20 92.61 ***** ***** 9626 Mar M 92.02 92.43 92.00A 92.36 2047 6459 5293 Jmi M 91.90 91.90 91.JOA 91.67 246 2474 261 3*9 68 91.33A 91.44 906 100
      402 words
    • 289 7 DECEMBER Eurodollar opened sharply lower at 92.22 on Simex yesterday and slipped to the low of 92.20 from the weak tone of the Chicago session due to speculation of a lower reference zone for the dollar. The market, however, picked up to the day's high
      289 words
    • 834 7 SINGAPORE: The US dollar closed mixed against most major currencies after fluctuating on short-coverinfl and profittaking in thin and nervous trading yesterday. Most operators were reluctant to take large positions in the dollar due to uncertainty over its near-term direction and fears of possible central bank intervention. The
      834 words
    • 88 7 Treasury bills Period issue Yesterday's dosing Day's cod* Maturity WO OFFtt HKJH LOW 3 months 8Q*****T 21.1.88 3.52 3.47 3.48 3.48 6 month BS*****S 21.4.88 3JO 3.45 3.48 3.30 1 y*or BY*****S 22.09.88 3.62 3 57 3.67 3.57 Government notes and bonds Period Issue Maturity Coupon Yesterday's
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    • 163 7 Indicates ttw svwag» ol •m prim* tending r«»«« at 12 major bank* In S'pora r* Interbank market r atM (offar/bkJ) on Oct 26 US$ DM SWfC Y«n 7 day* 7 1/1* —*13/1* 3/4 S/« 3 3/4 S/« 7 1/4 7 4 S/l* 3/1* 1 mfis 7 3/1*
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  • Page 7 Advertisements
    • 213 7 Results just ahead. The first stop on the road to results is a phone call to IBM. We'll ask vou some questions about your business and about the kind of results you're looking for. Then we'll put you in touch with the IBM Authorised Dealer or System Remarketer we think
      213 words

  • COMMODITIES
    • 397 8 AFP RISING PRICES on most base metals markets this year have restored industry profitability to levels approaching the "boom conditions" of 1979-80, and "the worst is over" for the base metal industry. According to the latest Metals Analysis and Outlook (MAO) review published in London
      AFP  -  397 words
    • 138 8 Reuter THE TURMOIL on world stock markets is expected to hurt early turnover on the Kuala Lumpur tin futures market, which opens today. "It's very unfortunate the market begins trading today. It will be a cautious opening and a cautious week," said Nazir
      Reuter  -  138 words
    • 420 8 AFP SOUTH AFRICA'S Impala Platinum, the world's second-largest platinum producer, has announced plans for a major new platinum mine producing 100,000 ounces a year by 1991. Managing director Don Ireland said the mine, with an eventual capacity of 300,000 ounces a year, was developed
      AFP  -  420 words
    • 181 8 AP ASIA'S padi output this year is expected to drop by 17 million tonnes because of delayed and irregular monsoon rains. According to the United Nations Food and Agriculture Organisation's food outlook report for October, Asia is expected to produce 416 million tonnes of
      AP  -  181 words
    • 75 8 THE OIL MARKETS began the week quietly, more concerned with what was happening on the stock exchanges than the oil scene. Dubai (DkI WM T«»cn USS/barrel 17.35 Chanff* -0.05 Low Sulphur Worny Inie ISWR Iwa, 17.50 undt WT1 IDkI 30.lt -004 Products (FOB Sipore) US$/borr#( Otango Kfo—W
      75 words
    • 385 8 HONGKONG: Gold o>ened at U*****.50-5.00 in the Far East yesterday. Professional dealers sold the market down to U*****.10-3.60. With the lower dollar, tie market was shortcovered to higher levels and stayed between U*****.00-4.50 and U*****.80-5.30 for the rest of the morning. Afternoon trading also followed the morning's narrow
      385 words
    • 231 8 Crude palm oil future* fell to selling pressure and eased steadily throughout yesterday in active trading on i the Kuala Lumpur Commodity Exchange. Novemfer fell Ms 23 to M 5757 a tonne, December Msl6 to M 5777 and January ftsl7 to Ms77B. Crude palm oil prices were lower
      231 words
    • 217 8 Chlnctc Produce Exchange Silltn noon cSoslng prictt on Oct 26 (SS/100 kg) Coconut oil kft FOt 95.00 OW drum KM 105.00 Now drum FOt 109.00 Copra MUod (Ioom) 56 soSofi Pepper lYluilut KM NIW 13)7_50 >■»■■■> KM »*W 1302.50 Mack K»*|W 9*2.50 llH ■> AM MM* KM NIW
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    • 112 8 THE Kuala Lumpur Tin Market price fell four cents to M 517.12 a kg at yesterday's ctoee on took of buying Interest, despite It being at partly with the European spot tin price. Offerings of 70 tonnes were noted at last Friday's opening level, but bids yesterday were
      112 words
    • 235 8 SINGAPORE The rubber market closed lower with November One RSS buyers quoted at 213.50 cents/kilo, down 1.25 cents from last Friday's close. On the TSR-20 market, trading was very quiet all day and prices were were marked down in line with the RSS market. November and December TSR-20 closed
      235 words
    • 261 8 RAS prices in 3 cmmq, fob in >>■>•■ NO Buyers ON S*ll*rs CIO Buyers SE S*n*rs bit 1 RSS Prompt 215.50 216.50N 215.50 216.50N bit 1 RSS Nov 87 213.25 213.75 213.50 214.00 Int 1 RSS D*c 215.50 216.00 216.00 216.50 Int 2 RSS OP 212.00 214.00N
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    • 81 8 (c«nn/k9. 1-ton poH«n) NOVEMBER 87 DECEMBER (currant month) (forward month) RAS NOON NOON tuy*n S*H*rt luy*rt S<fttn SSR 20 212.00 214.00 212.00 214 00 SSR 50 210.50 2! 2-50 210 JO 212.50 MRELB ■wy*n S*tl*n lvy«n S*IWn SMR CV 270.00 272.00N 271.00 273.00N SMI I 270.00 272.00N
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  • Page 8 Advertisements
    • 83 8 week to i A. I Mv *>-s >« ;VI <", £Sgif£. 0 'Wr Daily departures to Taipei with immediate connections onwards to Los Angeles, and three times a week to San Francisco. That's in addition to daily flights to Honolulu and three times a week to New York.A total of
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  • PERSPECTIVE
    • 1280 9 The Crash through the eyes of three authors The Crash of '87 which wreaked havoc in Wall Street and the stock markets around the world for the past week has provoked the minds of three writers. In this NYT article, they share their thoughts and feelings about the much talked-about
      1,280 words
    • 800 9 Reuter PRESIDENT Ronald Reagan's "Star Wars'* programma, formally called the Strategic Defence Initiative (SOI), has re-emerged a* the major obstacle to a new flowering of Soviet-US detente. "They say flatly it will be a defensive shield and we are convinced
      Reuter  -  800 words
    • 472 10 The JAPANESE ARE COMING. The Japanese are coming. Japan's big banks are being lured to set up shop as merchant bankers in the island republic. The Industrial Bank of Japan, the world's seventh largest, opened the doors to its IBJ Merchant Bank Ltd on Oct 1. Sanwa
      472 words
    • 1364 10  -  The process of deregulation which was begun by Indira Gandhi at the turn of the decade seems to have run into the sand. And India, with an annual per capita income of US$27O, falls into the lowest category of developing country.
      FT  -  1,364 words
  • Page 9 Advertisements
    • 146 9 IN PENANG-A FIRST CLASS HOTEL AT AN AFFORDABLE PRICE. The Shangri-La Inn Penang bring? to the heart of Georgetown a standard of service ZJjXtw never before seen in Penang Its 426 guestrooms \2JfcPand 16 suites feature the finest in amenities. And being centrally located in the hean of Georgetown is
      146 words
    • 297 9 '1 i i n J r. In our struggle to develop the ultimate PC, we created the Power Mate 1 and 2. They cost less than the industry standard but offers power and features that leave the industry standard far behind. You get the kind of power that makes your
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  • Page 10 Advertisements
    • 176 10 Win a top prize Down Under! Return airfare on Qantas and a complete Wirrina Resort holiday for two in Australia.... plus five consolation prizes of golf memberships worth A 51,500 each. Ist Prize For six glorious days, you and your mate get to sample a taste of life in the
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  • Page 10 Miscellaneous
    • 581 10 mmwm CRYPTIC PUZZLE ACROSS 3 On which life's rejects find support? (5) 8 Decoration for the middle man? (5) 10 To be heard as a name for mountains (5) 11 Sound of wedding bells? (3) 12 Parachutist s nerves? (5) 13 Major transaction sarcastically acclaimed? (3. 4) 15 Damage caused
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  • SPORTS & LEISURE
    • 461 11 AFP SINGAPORE lost its unbeaten record at the World Men's Team Squash Championship in London on Sunday, but it is still confident of reaching the quarter-finals. The 3-0 whitewash at the hands of third-seeded Australia in the fourth of its five pool C
      AFP  -  461 words
    • 360 11 UPI GABRIELA SABATINI used her powerful top spin to defeat top seed Pam Shriver in the final of the US$2OO,OOO Volvo women's tennis classic on Sunday. Sabatini, 17, came from behind to beat the world's fifth ranked player 7-5, 6-4 in a 95minute match
      UPI  -  360 words
    • 355 11 AP THE MINNESOTA TWINS rode the determination of Frank Viola and the decibels of the dome to their first World Series championship by beating the St Louis Cardinals 4-2 in game 7 on Sunday night, becoming the first team to win four
      AP  -  355 words
    • 512 11  -  By BRIAN MILLER FOR Jack Wong, 1987 will surely go down as a year when everything went right in bowling, that is. After helping Singapore to the gold medal in the five-man team event of the South-east Asia Games in Jakarta. Jack
      512 words
    • 590 11 UPI MIKE REID recorded his first PGA tour victory by shooting a five-under-par 67 on Sunday to win the US$6OO,OOO Tucson Open by four strokes. Reid's round at the 7,010-yard Tournament Players Club in Starpass left him with a 72-hole total of
      UPI  -  590 words
    • 341 11 Reuter YELENA SHUSHUNOVA and Daniefa Silivas demonstrated perfection on their way to becoming joint floor world champions on Sunday. The Soviet girl, Shushunova. and then Romania's Silivas set the Ahoy arena alight with their floor routines at the climax of the last day of the
      Reuter  -  341 words
    • 348 11 AFP SCOTTISH WHIZZ-KID Stephen Hendry pocketed the first major title of what is likely to prove a glittering career in Reading, England. on Sunday when he won the International Snooker Grand Prix by beating former world champion Dennis Taylor 10-7. The victory also meant a
      AFP  -  348 words
    • 88 11 Reuter ROYAL GAIT, the former Span-ish-trained stayer now based with John Fellows at Chantilly, relished the heavy ground and ran out an easy winner of the Prix Royal Oak (French St Leger) in Longchamp, Paris, on Sunday. Ridden by Alfred Gibert, the four-year-old took the
      Reuter  -  88 words
  • Page 11 Miscellaneous
    • 1188 11 PM SBC Text Sample Pages. Opening and Programme Highlights followed by Never The Twain Love Is A Many: Splendoured Thing. In this week's episode, Oliver falls in love, much to Simon's disgust. Irrter-Varsity Debates 1987 Singapore Poiytedmk Team B v National University of Singapore Team B (C, Grand Finale Cum
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    • 100 11 Play golf the Sevvy way Ball below feet WHEN THE BAIL IS BELOW THE LEVEL OF THE FEET IN A BUNKER. THE SWING IS JUST THE SAME AS IT WOULD BE FOR A LEVEL UE > START THE DOWNSWING WITH THE KNEES MOVING LEFTWARDS. .THIS HELPS TO BRING V THE
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  • INTERNATIONAL COMPANY NEWS
    • 809 12 Offer could set off another plunge in stock prices, say analysts NYT BRITAIN'S planned sale on Friday of its 31.5 per cent stake in the giant British Petroleum Co is creating concern among international financiers that the offering could set off another dramatic
      NYT  -  809 words
  • Page 12 Advertisements
    • 845 12 to wine. disie ***** There's more to Hainanese Food than just Chicken Rice Hainanese Buffet Promotion. 1 Oct to 31 Oct In fact, we're having a bumper harvest of Hainanese delicacies in our Hainanese Buffet Lunch Dinner Promotion. Come savour our detectable Hainanese cuisine amidst the appetizing apricot ambience and
      845 words
    • 232 12 Km! W France at The Belvedere The Belvederes French buffet luncheon. An incredible selection of more than 60 authentic favourites, from now till October 29. It's as good as being in France! 12.00 to 2.30 pm daily. Adult: $31/ Child: $15 Prices subject to 10% service charge and J% govt
      232 words

  • REGIONAL MARKETS
    • 533 13  - HK bust amidst a boom Economic growth expected to top 12pc this year By BRIAN GOMEZ Foreign Editor THE HONGKONG stock market crash has coincided with an economy surging ahead so strongly that labour problems had begun to crop up in recent months. Growth in gross domestic product is expected
      533 words
    • 723 13 JAPAN'S stock market could suffer further substantial declines this week but domestic institutions, the linchpin of the market, are unlikely to be panicked into a massive share sell-off, analysts and portfolio managers said. "Institutions are still refraining from both buying and selling," said
      723 words
    • 148 13 The Taipei market was closed for a public holiday yesterday. Manila stocks were not available. OCT M WON *h Kal ***** -250 Chad Sugar ***** 200 Kangwon Ind Kia Motor ***** ***** 4450 -500 Oaeltm Ind Daewoo Corp Daewoo Heavy Daishin Securities Dong Ah Phar Dong Suh Slock Dongbu
      148 words
    • 1448 13 Hongkong THE HANG SENG Index crashed a record 1,120.70 points yesterday to close at 2,241.69 in volatile trading marked by mass panic. The total market capitalisation could have come down by more than HKS2OO billion for the day. The drop, equivalent to 33 per cent of the index,
      1,448 words
    • 483 13 Reuter SHARE PRICES in Tokyo tumbled in thin trading yesterday, but partially recovered from the day's lows, as Hongkong's plunging stock market and bearish predictions for Wall Street dragged prices and confidence down. The Nikkei Average closed 1,096.22 points lower at 22.202.56, but had hit a low of 21,615.88.
      Reuter  -  483 words
    • 329 13 Reuter THE AUSTRALIAN share market plunged a further 6.7 per cent at the close yesterday as nervous investors engaged in wholesale dumping of stocks. The All Industrials was down 163.9 points, or 7 per cent, to 2,173.3 and the Gold Index lost 101.2 points, or 4.4 per cent. The
      Reuter  -  329 words
    • 187 13 AFP STOCK PRICES in Thailand plunged yesterday by almost 8 per cent tor the second-highest one-day decline in the history of the Securities Exchange of Thailand (SET). The SET Index fell 31.31 points, or 7.84 per cent, to close at 368.18. Turnover stood at 7.22 million valued at 882.42
      AFP  -  187 words
  • Page 13 Advertisements
    • 145 13 in Thebest rfGadoGatk) KINTA*MANI -INDONESIAN RESTAURANT; Exotic. Definitely Indonesian. Just what you love in a Gado Gado, and more! Exclusively at Kinta Mani. Where a whole spread of fine Indonesian specialities awaits you. Level 3 Opening Hours: 12noon 3.00pm 6.00pm 10.30pm Ample free parking APOLLO HOTEL SMGAPORE 405 Havelock Road.
      145 words
    • 232 13 CANTON llmii 0 Pleasing, contemporary surroundings. With exquisite lunchtime dim sum and delicate Cantonese cuisine fit for an emperor. Closed on Mondays. 3rd Floor, Westin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. The WEsnN Plaza Raffles City 2 Stamford Road, Singapore 0617. Westin hotels Resorts THE
      232 words
    • 21 13 BULLS BEARS Restaurant I Bar lid 176, Orchard Road. #03-45/46 Centrepoint. Singapore 0923 Tel: 235-6268. 732-6593 Business Hours: 11.30 am 11.30pm
      21 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4347 14 SHARE PRICES on the Stock Exchange of Singapore took another severe bashing yesterday but the fall was not as dramatic as those in Tokyo and Hongkong. At the cioee. the Straits Times Industrial Index was sliced 52.34 points to 911.23. bringing
      4,347 words
    • 4785 14 SECTION ONE INDUSTRIAL COMMERCIAL Acmo HUB M 2 SI (2S 119 111 120 1121 I 15 Ml I 16 IS I II (70 I 14 01 I 10 091 114 (I) I 19 a 110 1361 I.IS 1121 111 (361 112 (231 I 13 Amol
      4,785 words

  • COMPANY NEWS
    • 328 15 MALAYSIAN BUSINESSMAN Duta Yap Yong Seong is making headway, albeit slow, in his attempts to salvage his listed Malaysian flagship, Duta Consolidated Bhd which is under receivership. Duta Con disclosed that two parties Ramada Investment Ltd of Hongkong and a bumiputra company
      328 words
    • 4069 15 SHARE PRICES on the Kuala Lumpur stock market yesterday finished broadly lower as nervous operators, unsettled by the news from Hongkong and Tokyo, dumped their shares. Business activity was more active among financial and industrial counters. According to an observer, the unloading of shares by
      4,069 words
    • 239 15 Bernama ES PERMODALAN NASIONAL Bhd (PNB) has confirmed that it will underwrite M 551.5 million worth of the convertible unsecured loan stock to be issued by United Motor Works (UMW) Holdings Bhd. the Dewan Rakyat was told yesterday. Prime Minister
      Bernama ES  -  239 words
    • 802 15 Several potential purchasers said to be keen AFR EMBATTLED MALAYSIAN bank-er-financier Khoo Teck Puat, whose family is implicated in a Si.3-billion banking scandal in Brunei, is considering selling his profitable Australian hotel interests although it is unlikely they will be sold to
      AFR  -  802 words
    • 303 15 SOUTH PACIFIC Textile Industries Bhd (SPTI) is seeking to expand its manufacturing activities into countries such as Jamaica and Puerto Rico, in an effort to get around tight export quotas. This will be done through a newly set-up international division which
      303 words
    • 214 15 Bernama ES THE SALE of the Malaysian government's shares in MAS and MISC to Bank Negara Malaysia is expected to realise MJI.7 billion based on average market prices of the shares in 1987, says a senior partner of a financial consultancy firm.
      Bernama ES  -  214 words
    • 289 15 Manogers' prion Jopon Gr Fund* 122 127 for Oct 27 Storton Tkrih Fund* oao 080 Singapore Unit Trust UOB Management Th* Coawfci Unitund® 07&5 0 785 0*5 105 Unibond 0 99 101 Th* Sovings Fund S'por* frog Fund 082 037 0*1 042-MARA-Bumiputra S'por* Sk Fund 063 070 Firjt
      289 words
    • 92 15 Paper Products resumes trading tomorrow TRADING IN Paper Products (M) Bhd shares will resume on Wednesday, the Kuala Lumpur Stock Exchange said yesterday. The exchange suspended the stock on July 14 this year after the loss-making company reported it had been served with a petition to wind up.
      92 words
  • Page 15 Advertisements
    • 268 15 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF B.E.E. EQUIPMENT PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of B.E.E. Equipment Pte Ltd duly convened and held at the Registered Office, 7 Second Chin Bee Road. Jurong Town.
      268 words
    • 265 15 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF B.E.E. TILING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of B.E.E. Tiling Pte Ltd duly convened and held at the Registered Office, 7 Second Chin Bee Road. Jurong Town, Singapore
      265 words
    • 265 15 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF B.E.E. PILING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of B.E.E. Piling Pte Ltd duly convened and held at the Registered Office, 7 Second Chin Bee Road, Jurong Town, Singapore
      265 words
    • 238 15 THE COMPANIES ACT. CAP. SO MALAYSIA HARDWARE PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 19 OCTOBER 1987 At an Extraordinary General Meeting of the company held at 559-C Balestier Road. Singapore 1232 on 19 October 1967 the following Special Resolutions were passed:(a) That Malaysia Hardware Pte Ltd be
      238 words
    • 247 15 THE COMPANIES ACT, CAP. 50 CUSTOM KILN-DRY SERVICES PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 20 OCTOBER 1967 At an Extraordinary General Meeting of the company held at 55 Sangel Kadut Drive Sungel Kadut Street 4 Woodlands Singapore 2572 on 20 October 1987 the following Special Resolutions were
      247 words

  • FOCUS
    • 731 16 mms mm™ HOCK LOCK SIEW ONLY FOOLS would go into the business of predicting how stock markets are likely to fare round the world in the wake of such calamitous falls. In varying degrees, markets are still suffering the aftershocks of Wall
      HOCK LOCK SIEW  -  731 words
    • 251 16 Reuter THE TAIWAN Finance Ministry has drawn up new measures to revive the flagging stock market ahead of its reopening today. The market was closed yesterday as it was a holiday. A spokesman said the decision follows emergency meetings by ministry officials and a
      Reuter  -  251 words
    • 575 16 Buying support for Chinese-backed companies Reuter CHINA HAS STEPPED into the market to buy shares of Hongkong companies with which it has close ties as the stock market there plummeted. Brokers said yesterday that other companies with Chinese backing were also
      Reuter  -  575 words
    • 370 16 Reuter THREE MORE listed firms have cancelled plans for rights issues amounting to HK$l.7 billion following Friday's announcement by Chinese Estates Ltd of a cancellation worth HKS3.O3 billion. Allied Overseas Investments Ltd said in a statement it had cancelled a
      Reuter  -  370 words
    • 885 16 NYT INVESTORS LIMPED home from Tokyo's financial district last Friday nursing a case of financial whiplash, much the same as their counterparts on Wall Street. Why, then, was the chief economist for Nomura Securities smiling on Friday night
      NYT  -  885 words
    • 2289 17 Wall Street scars in the market psyche THE CRASH OF 1987 'There was a pre-Monday world, and now there is this world,' said John H Gutfreund, chairman of Salomon Brothers. And between the two worlds lies the great chasm of a 508-point fall on the Dow Jones Industrial Average. The
      NYT  -  2,289 words
    • 342 17 WHEN THE Dow Jones Industrial Average plummeted 508 points in one unnerving day last week, losing 22.6 per cent of its value, it marked the wide-ly-followed indicator's largest-ever percentage loss notwithstanding initial statistics from various news services that indicated otherwise. The tumble without a
      342 words
    • 737 17 NYT EVEN THOSE who strenuously oppose restrictions in the US agree that they are on the way. Most likely, they will come from the stock exchanges and member firms, galvanised by rising public criticism of a cluster of sophisticated, computer-assisted techniques that are loosely
      NYT  -  737 words
  • Page 16 Advertisements
    • 608 16 NOTICES M.»ia (CHAPTER SO) AND IN THE MATTER OF TLS DEVELOPMENT PRIVATE LIMITED (In Members' Voluntary Winding-up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101-A Upper Cross Street, #11-22, People's Park Centre, Singapore 0105 on Monday, the 19th day of October 1967 the
      608 words
    • 325 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 VITAL COMPANY PRIVATE LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of VITAL COMPANY PRIVATE LIMITED duly convened and held at 122. Middle Road. #04-04. Midlink Plaza, Singapore 0718 on 23rd October 1987, the following Special Resolutions
      325 words
    • 356 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND SWISS SALON DE BEAUTE (PTE) LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of members of SWISS SALON DE BEAUTE (PTE) LTD. duly convened and held at 190 Middle Road, #16-03 Fortune Centre, Singapore 0718 on
      356 words
    • 217 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF LYE KIM JEWELLERY WATCHES PTE LTD (Incorporated in the Republic of Singapore) (In Liquidation) VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, (Chapter 50) that the Final General Meeting of
      217 words

  • Page 17 Advertisements
    • 366 17 NOTICE NOTICE IS HEREBY GIVEN that, I Francois Gigandet of No. 76A Villa Delle Rose Taman Nakhoda Singapore 1025, have applied for a Wholesale Liquor Shop licence in respect of premises at M/s Olivier Singapore (Pte) Ltd 19 Kaki Bukit Road 2 Singapore 1441, and that this application will be
      366 words

  • LATE FILE
    • 55 18 Reuter SRI LANKAN Tamil rebels cornered in the battered northern port of Jaffna have slipped past advancing Indian troops and into the surrounding jungle. LieutenantGeneral Depinder Singh, overall commander of the 20,000-strong Indian PeaceKeeping Force, said after 16 days of fighting his troops had only
      Reuter  -  55 words
    • 33 18 AFP BURMESE educational institutions reopened without incident yesterday after being shut in September because of student protests over a government declaration that many bank-notes were no longer legal tender. AFP
      AFP  -  33 words
    • 65 18 Reuter SEVENTEEN Vietnamese fishermen were jailed yesterday after they failed to pay fines for fishing in East Malaysian waters. Bernama news agency said the magistrate court in Kuching, Sarawak, confiscated two fishing boats, fin6d their captains Msl,ooo each or one month s imprisonment and the others Msloo
      Reuter  -  65 words
    • 41 18 Bernama THE AUSTRALIAN government will pay Mslo million as compensation to 360 Malaysian civilian staff who are expected to be retrenched with the impending pull-out of the Royal Australian Air Force (RAAF) from Malaysia next year. Bernama
      Bernama  -  41 words
    • 52 18 AP AN EARTHQUAKE measuring 6.7 on the Richter scale shook an area west of the Irian Jaya capital of Jayapura just before midnight on Sunday but there have been no reports of casualties. The meteorological agency said said the epicentre was about 270 km west
      AP  -  52 words
    • 37 18 Reuter BRITISH Prime Minister Margaret Thatcher's government faced strong pressure yesterday to make a statement in Parliament on allegations of fraud and excessive profits at Marconi, a subsidiary of Britain's biggest defence contractor. Reuter
      Reuter  -  37 words
    • 64 18 Reuter A PLAN to build a railway in northern Australia moved further down the track as companies from Japan and Australia agreed to form a joint venture to study the idea. The joint venture, Rail North, will study a 1,425-km railway line between Alice
      Reuter  -  64 words
  • 396 18 Business A MONTHLY JOURNAL OF BUSINESS TRENDS MAJOR DEPARTMENT stores and supermarkets are muscling in on the credit and charge card territory with their own in-house cards, according to the November issue of Singapore Business, a monthly magazine. That has intensified the card
    396 words
  • 366 18  -  By ALVIN TAY Banking Correspondent CREDIT LYONNAIS has taken over control of locally-based Alexanders Rouse Re Ltd, becoming the second French bank to gain a clearing seat on the Singapore International Monetary Exchange (Simex). Apparently keen to beef up its corporate banking and capital
    366 words
  • 291 18 The National Bank of Brunei trial TWO SINGAPORE banks American Express Banking Corporation and Far Eastern Bank acted as conduits for funds fraudulently obtained by Khoo Teck Puat's business interests, according to evidence from a key prosecution witness in the National Bank of
    291 words
  • 165 18 Reuter FIJI'S military government has decided to seek recognition from the Soviet Union, China and other Asian countries as part of a major foreign policy shift. A five-page document outlining the new policy was made available yesterday. It said
    Reuter  -  165 words
  • 307 18 AFP POLICE OPENED FIRE, killing at least two people, during antigovernment protests yesterday by major opposition groups in Bangladesh, police and opposition sources said. News of the deaths came as sources said several hundred opposition leaders and activists including two former ministers had
    AFP  -  307 words
  • 232 18 SEVERAL recent trade missions to South-east Asia and the Pacific region have concluded countertrade deals worth $110 million. David Chin, Trade Development Board director (services), announced this yesterday at the "AsiaWorld Trade And Countertrade Opportunities" conference. He said the TDB had taken the initiative
    232 words
  • 55 18 Reuter GOLD FUTURES yesterday gave back nearly half of the early advance on dealer selling after the market opened with smaller than expected gains. In subdued dealings, a half hour before the opening of the stock market. December gold was up US$2.5O at U*****.20 an ounce, having reacted
    Reuter  -  55 words
  • 205 18 STOCKBROKER E G Tan and his wife, Mrs Tan Geok Eng, were made bankrupts by the High Court yesterday, as a result of the collapse of their familyowned firm last year. A son of the late rubber magnate Tan Lark Sye, Mr
    205 words
  • 139 18 IN THE WAKE of what could prove to be Australia's biggest tourism boom, its state governments and private entrepreneurs have laid the infrastructure for posing a major challenge to Asia's established convention centres. In a special supplement Destination Australia we survey the goings-on Down
    139 words
  • 168 18 Reuter A THOUSAND policemen stormed a Seoul campus yesterday and arrested 26 students who participated in a huge anti-gov-ernment rally there on Sunday attended by opposition leaders Kim Dae-Jung and Kim YoungSam, university officials said. It was the first time police made such a surprise university
    Reuter  -  168 words
  • Page 18 Advertisements
    • 630 18 Donl miss the most Important management event of the ysad SIM '87 Annual Management Lecture The Future of Information Technology: Impact and implications for busi and managers JOHN DIEBOLD "FATHER OF AUTOMATION" John Diebold, internationally-acclaimed leader in the fields of information technology and management, first made his reputation as an
      630 words
    • 6 18 Kims in lUnd oil, Pagi 3
      6 words

  • SHIPPING TIMES
    • 474 19  -  By G DURAIRAJ USING COMBINED inland transport modes for container movements through Port Klang could offer a cheaper alternative than using all-water transhipment via Singapore. A cost comparison made by the International Cargo Handling Co-ordination Association (ICHCA) Malaysia shows that savings
      474 words
    • 360 19 MERCHANTS in Malaysia have been urged to fully utilise national infrastructure ports, roads, and railways to minimise international freight costs. Mr Eric Bubeer. assistant general manager of Kelang Container Terminal, said there are various benefits to be derived from the use
      360 words
    • PORTSIDES
      • 113 19 MORE THAN 20.000 workers in the port of Colombo will be listed on computer shortly to facilitate quick identity by the authorities. The new security move by the Sri Lankan Ports Authority follows a bomb explosion early this month the first ever in Sri
        113 words
      • 139 19 THE ASIAN DEVELOPMENT Bank has approved a loan of 4.45 million special drawing rights (U555.75 million) for a port project in Santo. Vanuatu. The project is designed to provide a new earthquake-re-sistant wharf for overseas ships as well as ancillary works in the port
        139 words
    • 910 20 NYT IN A SNUG and cluttered conference room at the Shipowners Labour Relations Agency in Tokyo, alongside grey steel shelves lined with volumes of union rules, there hangs a large and slightly yellowed map of the Persian Gulf. Across the surface
      NYT  -  910 words
    • 174 20 AFP BOMB EXPERTS have defused an unexploded rocket lodged aboard the Panama-registered Prosper Venture-L after a predawn attack on Saturday by an Iranian gunboat, regional shipping sources said. The 35,800-ton vessel left the southern part of the Gulf waterway, where it was hit
      AFP  -  174 words
    • 120 20 AFP CHINA has sold 96 anti-ship Silkworm missiles to Iran under a US$l billion programme, and has continued delivering weapons despite US pressure on Beijing to stop. US officials said intelligence from satellites and other sources show that Chinese ships continued to
      AFP  -  120 words
    • 731 20 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 4 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      731 words
    • 1422 20 CONTINUED grain chartering is reported out of the US Gulf on Friday with a vessel having about 59.000 tonnes dw cargo capacity reported fixed to the Continent at a lump sum of about U*****,000. shipbrokers said. Grain shippers paid $16.60 from the Gulf to west coast Mexico and
      1,422 words
    • 555 21 Seatrade Week "IT'S nothing more than a payoff." This is one maritime industry source's description of the US$2 million settlement made by 13 trans-Atlantic carriers to the US Federal Maritime Commission in exchange for "amnesty" from possible violations of US shipping law.
      Seatrade Week  -  555 words
    • 161 21 AP Reuter TYPHOON LYNN battered Taiwan, triggering landslides and heavy flooding before heading north across the island on Sunday. Police said that more than 80,000 families in central and suburban Taipei were left without electricity as Typhoon Lynn, with wind speeds of up to
      AP; Reuter  -  161 words
    • 296 21 Reuter FRANCE has played down Friday's riot in Tahiti, saying it was an isolated incident, but sent in hundreds of police and troops to make sure its island territory did not become the next Pacific trouble spot. Security Minister Robert
      Reuter  -  296 words
    • 232 21 THE RIVER ADADA. a Nigerian National Shipping Line cargoship has been arrested in London over an unpaid repair bill. Tyne Shiprepair is claiming just over £98.000 for repairs on another NNSL vessel, the River Jimini. The 13,164 grt River Adada arrived in Tilbury
      232 words
    • 342 21 AFP ALTHOUGH conditions in the Gulf over the past week make it difficult to predict even near-term prospects, heightened tension following the United States s retaliatory attack on an Iranian oil platform and the Iranian missile strike against Kuwait's main oil terminal and the rise in war risk
      AFP  -  342 words
    • 7902 26 aaaßDo&B A guide to ships loading a! 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
      7,902 words
    • 1392 27 AT CONVENTIONAL WHARVES Dundot Imgco Uid 2 Mekong bpran M2B M4A 27 IOOBOO 27 10/0800 27 10,1500 27 10/1500 M3B 27 10/1515 27 10,7330 VhmI Btrtt i Arrival Dtptftura Mrtro Joyo M4B 27 I***** 30 IOOSOO KEPPEL WHARVES SEMBAWANG Anonos K27 okmgtida 31 10/2300 SiaMonovo SI 27
      1,392 words
  • Page 19 Advertisements
    • 517 19 ftG <» 4sa 2, Co«nptf t,n9 a OigENTOvHQUS CvUaimn Une JAROME www ftgnrm (da. TTWD r w sepmoza fCZXZBfi nmiNAucrs t«i ***** 220 J nOKINtt Tal *****34 23S PfSAKA JAROtNE SMPfIM AOENOES SON MM) SnSa POUT KELAM TEL 30(1 U Tata Na. MAJM77MA3O7OI ™ffß KNANB TEL ***** TELEX NO MA4OP3
      517 words
    • 77 19 THE SHIPOWNERS Labour Relations Agency in Tokyo is advising captains of tankers on how to lessen their chances of being blown up with their hulls full of crude oil. Ptgt II "ITs nothing more than a payoff." This is one maritime industry source's description of the US$2 million settlement made
      77 words
    • 607 19 Jtr FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Service To SOUTH EAST ASIA, JAPAN, INDIA Agent: Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 line WEEKLY TO EUROPE NEXT SAILING: CECIUE MAERSK VOYAGE 871* ETD SIN at/10 Tha ntk Ceoke M Closing T«ns CY 26/ tO 2300 MRS CFS 28/10
      607 words

  • Page 20 Advertisements
    • 499 20 02 COMPAGNIE MARITIME O AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE MEDITERRANEAN WEST AFRICA EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS OUTBOUND TO MEDITERRANEAN LATTAKIA ETA lf'll IMII.IHaV.V. Ii 1 M.'J INBOUND FROM EUROPE/FOR FAR EAST PORTS ;,"rvr r,"if;'.ii I^l OCEANUS SHIPPING
      499 words
    • 17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 411 20 CHARGEURS REUNIS f,\* feeder vsi A' VSI 'A' VS. 'A' VSI N ,APOPf S vino f ..>/j 14 a i MOTHER VSI CD MARSEILLE C* LIBREVILLE SETE POIIITE-A-P!TtE FOR K TRCFRANC DCCRAD-DCS CAME M/u a/11 wu mi 27/11 M 2 1/12 14/12 Optorg Shipping Pte. Ltd lEL M A W
      411 words

  • Page 21 Advertisements
    • 943 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Soboh, Sarawak, Brunei Porta and Bangkok P&OCL^ P&O Containers Limited CONTAHERSWP SERVICE TO UK/CONTMENT: PEGASUS PR OCR ESS VW PEGASUS PROGRESS VSO4N SPORE In Port/a Oct 63-M Nov TWUO EXPRESS KOH.OM (AY FRANKFURT EXPRESS GUM RAT KJTANO
      943 words
    • 623 21 r NOTICE 1 K LINE KINKAI M.V. OCEANIA QUEEN V.3 Arrived 6th October I*7 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a general survey will be held on 28th October 1987 (Wednesday) at Keppel Wharves K2O from 0800 hn to 1300 hrs. No (Urther
      623 words

  • Page 22 Advertisements
    • 239 22 t Hapag-Uoyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MEO EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT 21/10 30/10 2/11 4/11 3/11 5/11 1/11 10/11 n •J I I 'JIIIk T 1 I SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY
      239 words
    • 478 22 Lp»: KSlihe IMfi trnffrnt FULLY CONTAINERISED SERVICE TO fUROPE VIA SUEZ Mrmbrr ol thf »ct Consortium ilJllY CONTAIN!RIStD 10 (ROM NORIH AWfRICA WfSI COAST *FDft/MOTHER VESSEL *SP VRB ME/KOREAN WONIS SEVEN 4SC 3/11 HKC 51E/KOREAN WONIS SEVEN 45E 3/11 TWB 39E/KOREAN JACEWON 59E 11VII SSB KE/PACIFIC PROSPERITY IJE 17/11 ACQ
      478 words
    • 339 22 FREISHT LINKS EXPRESS PTE LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT U-S.A. ETA SIN SFO LBH/L.A. ALSO ACCEPTING TO: 31/10 14/11 15/11 JAX MIA, CHS 3/11 21/11 29/11 NYC, PHL CANADA TORONTO 29/11 24/11 MONTREAL 1/12 26/11 SINGAPORE: *****45 (25 Lines) 'MS DAISY TAN KUALA LUMPUR: (I
      339 words
    • 1160 22 r EVERGREEN Full Contjinpr St 'in Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) HKG KSG KLC PUS OSK TYO KSN CHS NTC EVE* GOLDEN 201 401 *01 V UNI MOOEST/EVE* GUARD SOI 101 1101 1211 11 EVE* GROWTH 1201 1(01 1101 2*U IV EVE* LIVING/EVER GRAND 1401 2*ol 2201 301 W EVE* GENIUS
      1,160 words

  • Page 23 Advertisements
    • 731 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE •OWA ROTA EAGLE MAJAPAMT VOY SIN JKT SBY VOY SIN POO HKO KAO KEE YOK MTC NOO ICO* »U» 15SB 23/11 JS/11 27/11 14NB SM SM 29/10 31/10 2/11 0/11 S/H 0/M 11,11
      731 words
    • 271 23 i NORBUL NORBULK CARGO SERVICES LTD REGULAR CONVOJTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS TO: JAPAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEI 2.VS#* KL PK S P YEO SHPG TRDG Kl "&3SM4 PK *****01 PENANG tanjONG MARINE SON RHO TEI WBS7S SABAH TRANSPAC UK
      271 words
    • 627 23 BENLINE CONTAINERS KkJJEBSEN LINE NEW ZEALAND Tl NEW ZEALAND, PAPUA NEW BIINEA FUI AND SOmi PACIFIC ISLANDS MOUNT KOTH VOT I sm port moresbt lae mi ti/ii I*ll FCL carp teapbnf Iran 11/10 M 2/11 at Hm (PI) SIM HKG K![ STO «l TM MP TW HUFF 2*lo vii mi
      627 words
    • 551 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKMTA LLOYO P.T. GESOOI LLOYO P.T. SJWOOEM IROONESU P.T. TRRCOU LIOYI EXPRESS SEMI COMTJUNERSNIP SERVICES SINGAPORE TO EUROPE nr HI CAUDA OMAKTI/MVO VISSCL S PANJAIK/17«0 HIWUArA/HM OCEAN PIMAim Amur OILOAO A DAM/R DAM M'OURC/OROKN WW IW 15/12 17/12 am m a/12 m dl
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    • 312 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) S'pore P. LASH 10 m HTONEYWA V22RR M AN VUBN Oct Loading for Rangoon P.Kelang Penang Bangkok via Nov am Oct BANK line EXPRESS SEMI-CONTAINER S TAMAITAI SAMOA VIIN FORTH BANK V2ON IVY BANK V2ON PRO-ATLANTICA VIN SPORE RDAM HULL lfll
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  • Page 24 Advertisements
    • 1201 24 "K"UnE SHIPPinG DPlTfl fITLftPTIC CDRST (Round-The-World Service) •PK/PNG SPORE LI CHLS ORIENTAL FREEDOM VIS 24 Oct »Oct 21 No* 10k ORIENTAL FAITH VS 31 Oct SNn SNm lOk mm. NYC NFX SDk 90k 12 Ok It Ok PACIFIC SOUTH-WEST FEEDER VSL *PK/PNG ORIENTAL FREEDOM VM24 Oct VERRAZANO BR. SP MOTHER
      1,201 words
    • 665 24 10 SAILINGS PH MONTH TO A ONG KONG 29/10 WEEKLY BANJNQ TO E. MSIA/AFRICA/USA HAMBURG/ROTT PKLG/SYDNEY BUSAN/MANILA TILBURY/UK COLOMBO/BANGKOK KEELUNG/TOKYO MOHSMJNG/KOBE EM 80/10 EM 80/10 EM 80/10 EM 80/10 EM 28/10 EM 29/10 EM 20/10 ACCORD SHIPPING PTE LTD V* e A 4 p >V* s) T fc -r.« t-I
      665 words
    • 629 24 GOLDEN LINE GUM GUAM SWTMG (HI) LTD jmra'niina uum <n in) Far sm STRAITS/PERSIAN GULF SERVICE: fpor. Pit** QOLOCN HAVEN CatanO*KaiicMM» 38/31 Oct GOLDEN WON OCR Cot««ibo/Hjficht/fti<»i 11/12 No» CHINA SERVICE SUXIA ,n CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA lil ..UUL J: 1 iLiill: k- P
      629 words
    • 376 24 PHILI OM€NT LIN€S PT( LTD HHAO OFfiCt 63 ROBASON «o«d -r 1; Atpo AS ABU LD'NJ SISCArOPr THE* PS ?87?D PHII> »«> EAST/FAR EAST FCL ft LCI eta r*r— LATTAIOA, BENGHAZI TNPOU, ALEXANOMA. PORT SAB. PIKAEUS cftSfliLWCft. i mm tm VALETTA, ADEN. OJBOUTI UKEUROPE SERVICE vu aw saac li USA
      376 words

  • Page 25 Advertisements
    • 918 25 NEPTUNE ORIENT LINES LTD ST. NEPTUNE AGENCIES PTE LTD FX EU/AUST TPA/SEA Ttnmnal CFS BOOKINGS *****53 *****42 *****22 Z*****3 NEPLINE SDN. BHD 368M7 NEPLINE SDN BHD *****33 E QU, ,tS NEPLINE SDN BHD *****5/627M0/627K1/*****2 NEPLINE SDN BHD 23»«0/23l04i Aha accepting cargo to/from Scandinavia K JACEJIN S port Ctowng Timet: FCL
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    • 452 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN, INCHON Vmml's Nam* S pore PN No I DN 708N 31/10 M Enter prise/714N IK/11 2/11 No 7 Donam/709N 01-10/11 No ON/711N No 1 DN/7MN No I DN/709N 14-17/11 21-24/11 30-02/12 M Enterpri*e/71SN 04/12 P Kelang Busan
      452 words
    • 743 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELAMC M/S HANDLING SYSTEM CO SON BHD. No. 14 Jalan Cunph. Port Keianj. Sdarmx, Malaysia Td
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    • 36 25 JZ*EMBASSY/FRIENDSHIP FREIGHT SERVICES JOINT CONSOLIDATION TEL: *****73/*****32 FAX *****62 TLX; RS *****EFS WEEKLY LCL/FCL CONFERENCE/NON-CONFERENCE SERVICES TO: EUROPF ANTWERP/ HAMBURG/ IE HAVRE/ ROTTERDAM/ UK/ SWITZERLAND FAR EAST BANGKOK/ HONGKONG/ KAOSHIUNG/ KEELUNG SOUTH ASIA BOMBAY/ KARACHI/ MADRAS
      36 words

  • Page 26 Advertisements
    • 324 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lmesi FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vtß DEUTFRACHTSEEREEDEREI RQSTOO INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: Accepting cargo for INDIA Bomb**. Cochin. Madras 1 Calcutta "VIA LARNACA: Accepting carp for Uttaku, Ptraous, Thessateoiki.
      324 words
  • Page 26 Miscellaneous
    • 175 26 Regional Weather W o m < V N V r. M m V V 1> V i IL^*, C cf w,n Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND' R Thunderstorm Temperature °C y Shower Weather Wind direction with
      175 words

  • Page 27 Advertisements
    • 807 27 ScanDutchV TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY i i i p TO RED SEA EAST MEDITERRANEAN WEEKLY 24/11 22,10 22/10 24/10 SO Honshu/151 21/10 1/11 1/11 21/10 2S/10 1/11 SO Hi«p«Ha/M 4/11 15/11 7/11 S/U S/U 7,11 SO Haivatia/171 U/U 2201 14/11 12/11 1201 14/U SO Uo/nt 11/U TO WEST MEDITERRANEAN
      807 words
    • 146 27 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE •t- s»**»»»• st •c* ALFARABI ALRAZI EAST BOUND SERVICE ETA S PORE LOADING FOR IS/11 JAPAN WEST BOUND SERVICE ETA S PORE LOADING FOR SM MM. Aoabi 30/10 Jadteh. A«afa. THROUGH Mj to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD
      146 words

  • Page 28 Advertisements
    • 276 28 Hai Sun Hup Co (Pte) Ltd TFL *****06 120 Lines) TLX RS 220 M S RS ?ofw'2 fc. I \s I I K\ \K I I\ I K II IV CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE TORTS, HONGKONG, TAIWAN t
      276 words
    • 411 28 COLUMBUS LINE REEDEREI GMBH \Xw (A SERVICE OF HAMBURG SUD) EXPRESS SEMKOWTAWEF S£KV)CE TO ROM/A'DAM HBG HULL (U.K.) 25/11 21/11 2/12 21/11 29/11 3/12 20/12 24/12 21/12 12/1 ISA TAMA IT Al SAMOA VIIN FORTH BANK V2OM IVYBANK V2ON PRO ATLANTICA VIN •Abo Accepting FCI to AhmA Oct a* Li*ts
      411 words
    • 206 28 W nTT3 [TiJlhU^ WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S'fOM ETA KEELUNC CON CARRIERS VIV 27/10 201 CON-CARRIERS 11/17 4/11 10/11 COM-CARRIERS 10/17 10/11 li/11 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORf ETA STD ETA NELB CON-CARRIERS 24/17 21/10 WU 23/11 CON-CARRIERS 25/17 11/11 1/12
      206 words
    • 516 28 CALL US AT: P. KELANG PENANG I J. BAHRU bmmz&mr&A P. gudang SINGAPORE mstiimmfFm k. Lumpur *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER J 1 ;'.arr7T B BUTANG il/TLAMOU oarr TT rm OTHER DESTINATIONS: AARNUS, AMSTERDAM, ANTWERP, BASLE. BREMEN
      516 words