The Business Times, 1 November 1988

Microfilm: NL16275
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, NOVEMBER 1, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    266 1 Reuter Dow Jones lower WALL STREET stocks were lower in early trading yesterday, weighed by a weak dollar and declines in US issues in London. Barely changed bond prices offered little encouragement. The Dow fell seven to 2143. Decliners led advances about two to one. Reuter Footsie
    Reuter  -  266 words
  • Article
    Government cuts betting tax on horse-racing to 15pc
    458 1  -  By WILLIAM CHIA THE GOVERNMENT is trying to win over punters who have been forsaking official betting at the Bukit Turf Club and turning to illegal bookmakers. Punters will from today get bigger payouts following the government's decision to reduce betting taxes
    458 words
  • Article, Illustration
    Share prices close mixed in quiet trade
    189 1 THE SINGAPORE stock market closed on a mixed note yesterday. Trading was quiet with bargain hunting alternating with profit-taking. Prices rose in early trading following Friday s rise in Wall Street and a higher Tokyo stock market, but light profit-taking in the afternoon
    189 words
  • Article
    Dun & Bradstreet sets up business in Singapore
    421 1  - Dun Bradstreet sets up business in Singapore Possible alternative to credit bureau By QUAK HIANG WHAI RENOWNED American credit rating company Dun Bradstreet Corp has started operations in Singapore, creating a possible alternative to the credit information bureau which the financial community has been trying to set up for almost
    421 words
  • Article
    Lock icon HK economy seen facing a crucial choice
    148 1 AFP GROWING competition is forcing Hongkong to choose between developing as a technology-based economy or languishing in its role as a trading and sub-contracting centre, a French businessman warned yesterday. "Hongkong is at the crossroads," said Pierre Aigrain, head of a French trade
    AFP  -  148 words
  • Article
    Dollar slips below 125 yen
    118 1 THE US dollar yesterday slipped to below 125 Japanese yen in Asia for the first time since June 10 despite Bank of Japan intervention. Dealers said the greenback is likely to continue falling unless strong concerted intervention emerges. They attributed the dollar's further decline yesterday
    118 words
  • Article
    Lock icon Confirmed — closure order on Lenin Shipyard in Gdansk
    144 1 Confirmed closure order on Lenin Shipyard in Gdansk Reuter, AP THE POLISH government announced yesterday that it would close the Lenin Shipyard in Gdansk, the cradle of the banned Solidarity trade union. A furious Solidarity leader Lech Walesa said in a telephone interview after the announcement that his union was
    Reuter,; AP  -  144 words
  • Article
    Lock icon Rangoon ends monopoly over foreign trade
    151 1 UPI BURMA HAS ended the government's 26-year monopoly over foreign trade, allowing private businessmen to import anything and export everything but oil. gems,minerals, and teak. "Private businessmen can now export everything except petroleum, gems, teak, and minerals, and with part of the foreign exchange
    UPI  -  151 words
  • Article
    Mahbubani to become MFA deputy secretary on return from UN
    503 1  -  By ELAINE KOH at the United Nations KISHORE Mahbubani, Singapore's permanent representative to the UN, is expected to return home late next January to be deputy secretary in the Ministry of Foreign Affairs a post currently vacant and start on
    503 words
  • Article
    Lock icon Musa Hitam rejects Mahathir's offer to join Cabinet
    333 1 Bernama FORMER MALAYSIAN Deputy Prime Minister Datuk Musa Hitam yesterday rejected Prime Minister Datuk Seri Dr Mahathir Mohamad's offer to him to join the Cabinet, saying that his struggle was not for high posts but for the political culture pioneered by the
    Bernama  -  333 words
  • Page 1 Advertisements
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      70 1 Nikon The World's Finest Photographic System. PILOT /-pen A pen to express A pen to impress The fountain pen look alike that'll move you to express yourself, impressively. The Pilot V-pen with seethroush liquid ink system and yours for only $2.20 Available at all leading department stores and stationers. from
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      Page 1 Advertisements Column 2
      220 1 Full report, PAGE 22 Regional Mkts, PAGE 24 Editorial Comment: 10 The two sides of the coin Japanese scandal 11 Last-ditch attempt by Takeshita Epson Computers 2 Investment on the cards Marketing network 3 Where products are a call away Soviet economy 6 Cut military spending, shelve price reforms call
      220 words
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      173 1 Earltor report In Shipping Tlitim, Pag* 111 Thisadis designed especially for busy people like you. (It takes less than 30 seconds to read and we've underlined the main points for you.) 4 PRIMES Now you don't need a different credit card account, a different savings account, a different current account,
      173 words
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      3 1 L••(tor, PAGE 10
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      189 1 Nikon The World's Finest Photographic System. ft A man with a vision DICKSON POON opened his first watch shop in Hongkong eight years ago with a HK$5 million family loan. Today, he heads a chain of 52 boutiques around the world. His Hongkong company is among the colony's 50 biggest
      189 words
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  • HOME NEWS
    • Article
      Japanese computer maker to invest $15m
      361 2  -  By JOHN TAN EPSON COMPUTERS, a Japanese manufacturer of personal computers, is investing $15 million over the next three years in a factory in Jurong to make printed circuit boards and assemble laptop computers. The company also plans to set up an international procurement
      361 words
    • Article
      Entries invited for BOY essay competition
      190 2 SINGAPOREANS' views are being sought on the qualities and strategies needed for businesses to take up the global challenge Global City Global Business has been chosen as the topic for this year's essay competition, held in conjunction with the Business Times-DHL Businessman of the
      190 words
    • Article
      Plating equipment maker expects $6m sales
      198 2 A US-SWISS automatic plating equipment manufacturer expects its Singapore plant to achieve $6 million to $7 million in sales next year. Shipley-Surface Treatment Systems (STS), which officially opened its Jurong factory yesterday. provides fully modular automatic plating lines to the electronics industry, especially in
      198 words
    • Article
      NPB breakfast talk to focus on recruitment
      99 2 AN innovative system of recruiting people will be the subject of the next National Productivity Board breakfast talk on Friday. Lan Godwin, PA's general manager for personnel services, will speak on total quality recruitment, a new system of searching for and selecting top-notch
      99 words
    • Article
      Singapore high-tech companies take part in German fair
      184 2 TWENTY-FOUR Singapore information and telecommunications companies will take part in the Hannover Fair (CeBIT) next year. CeBIT, focusing on office, information and telecommunications technology, is a spin-off from the annual Hannover Messe Industrie trade fair. The organiser, Deutsche Messe AG, will from
      184 words
    • Article
      Unionist seeks advice on sacking order
      233 2 PRO-OPPOSITION unionist M Ramasamy yesterday said he is seeking legal advice on what he should do with his union's decision to expel him. "I haven't done anything wrong to the working class. I did not abscond with the people's money," he said. The Metal
      233 words
    • Article
      Khoo Foundation to donate a total of $1 million
      91 2 THE Khoo Foundation is to donate a total of $1 million to various charitable, community and educational organisations. The donations ranging from $10,000 to $150,000 will be used to develop existing and new services, as well as to upgrade or build
      91 words
    • Article
      SMEs to get help in automation drive
      393 2  -  By LILIAN ANG HELP IS ON the way for local small and medium-sized companies which want to automate but do not have the funds. The Singapore Industrial Automation Association (SIAA) has started a project to make automation more affordable for such companies. SIAA
      393 words
    • Article
      Nine reserved blocks to be sold
      338 2 NINE Housing and Development Board (HDB) apartment blocks, formerly reserved for rent by foreign professionals under a Ministry of Finance scheme, are to be renovated and sold to the public. An HDB spokesman said the occupancy of these nine blocks of flats had dropped,
      338 words
    • Article
      Hospital catchment zones re-defined
      131 2 THE Ministry of Health, in consultation with the Singapore Fire Service (SFS). has re-defined the hospital catchment zones. The National University Hospital is now included in the catchment zones. In addition, the re-zoning takes into account population shifts since the last revision in 1984 to ensure
      131 words
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      454 2 INTRODUCING THE NEW COMPAQ SLT/286 The first PC that puts true desktop performance on your lap. fcC'r r 35 I The new COMPAQ SLT/286 Personal Computer. It's the first laptop computer from COMPAQ, and the first laptop to offer users such an impressive combination of features and flexibility. Never before
      454 words
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  • TECHNOLOGY
    • Article, Illustration
      DOS far from lost
      860 3  -  i -by JEFFREY TSANG WHEN THE Business Times and Straits Times were looking for portables to replace their brood of aging Hewlett Packard 110s, a protracted search was started that still has not ended. Besides wanting a light fullfeatured machine with a great screen, those in
      860 words
    • Article
      Study finds aspirin to be effective in reducing heart attacks
      212 3 ASPIRIN HAS BEEN found to be effective in reducing heart attacks, report researchers at the University of Montreal In the first study of its kind, researchers found both aspirin and the long-used drug heparin significantly reduced the chances patients experiencing
      212 words
    • Article
      A linguist of a computer
      113 3 A GROUP of Japanese computer makers has developed a prototype computerised system that translates Japanese into Chinese. Malay, Indonesian and Thai. The system is also capable ot two-way translation in any combination among the four languages. The group, the Centre of International Cooperation for Computerisation,
      113 words
    • Article
      Where products are only a phone call away
      535 3  -  By JEFFREY TSANG LOOKING FOR SOME obscure product? Tired of listening to vendors you had so painstakingly found through the Yellow Pages say "we don't have that'' after your five-minute explanation of your needs? Wouldn't it be nice if you could just
      535 words
    • Article, Illustration
      Compaq hopes to put its laptop on top
      352 3  -  By JOHN TAN NOT VERY PRETTY, but Compaq Computer Corp hopes its new portable computer will corner 60 per cent of the world's laptop market anyway. For it boasts two advances that the Houston, Texas, PC maker believes is essential for laptops
      352 words
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      71 3 Pretzel Trio c^&cr^. *v«' •V--\<%*x«* A > V*>l>"' y os?' .'i »C i.:S,< r. W/.&*. '•yf/Zz** V •*-">"- '>('■ ■Sl:<J »V/> Ay 7 i '> ;I/* ;J/< The GREAT VERSATILE SOUNDS OF PRETZEL TRIO performing nightly MON- THURfrom 9pm to lam. And Jolly Hours from 10pm to lam where you
      71 words
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      Page 3 Advertisements Column 2
      78 3 A Strong Bond**. Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. Discretely enhanced with your company name or logo, engraved or with a medallion, it will soon become indispensable a lasting
      78 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Firebomb attack may swing votes to Likud
      590 4 Likud, Labour now running neck-and-neck: polls A FIREBOMB attack that killed three Israelis could swing undecided votes in today's election to the right-wing Likud bloc of Prime Minister Yitzhak Shamir, who has advocated a tougher stand against Arab unrest. Palestinians firebombed a passenger
      590 words
    • Article
      Lock icon Israel out to kill top PLO men, says Arafat's adviser
      185 4 UPI THE PALESTINE Liberation Organisation has accused Israel of sending death squads to assassinate its chairman, Yasser Arafat, and other PLO officials. "Specially trained Israeli squads have been sent to different areas to carry out assassinations against Palestinian leaders, on
      UPI  -  185 words
    • Article
      Lock icon Iraq looks into disbanding of volunteer militia force
      180 4 Reuter IRAQ is considering demobilising a massive volunteer militia force two and a half months after a ceasefire started in its war with Iran. The Iraqi news agency INA said the Popular Army militia, estimated to number around 650,000, would stop accepting
      Reuter  -  180 words
    • Article
      Lock icon 'Scandal nearly derailed anti-communist fund'
      302 4 UPI A US$3 5 MILLION scandal involving military officers in Thailand nearly derailed funding last summer for a covert US programme to aid anti-com-munist rebels in Cambodia, the Washington Post reported The Post said on Sunday that CIA officers operating the covert programme found evidence
      UPI  -  302 words
    • Article
      Lock icon New leader for Taiwan's opposition
      314 4 Reuter, AFP TAIWAN'S main opposition party on Sunday backed away from open confrontation with the government by electing a new chairman whose supporters do not advocate independence for the island Delegates to a two-day congress of the Democratic Progressive Party voted to replace chairman Yao
      Reuter,; AFP  -  314 words
    • Article
      Lock icon China's inflation fuelled by soaring money supply
      173 4 Reuter CHINA s money supply continued to soar in the third quarter despite efforts to cool the economy, the People s Daily said It said money in circulation in the third quarter climbed 13.5 per cent over the second quarter, the highest quarter-to-quarter
      Reuter  -  173 words
    • Article
      Lock icon China's only union appeals for calm
      284 4 AFP THE ELEVENTH meeting of China's only union ended with an appeal for calm by its president. Ni Zhifu. and no apparent divergence from communist party policy. observers said. Mr Ni, a politburo member until last October, asked salaried employees to "safeguard the prestige
      AFP  -  284 words
    • Article
      Lock icon Thai, Laotian army chiefs vow to end regional conflicts
      191 4 Reuter THAILAND and Laos are looking beyond a border conflict to try to help bring peace to the region, army chiefs from the two countries said "It is too selfish to look only at ourselves. Although it is hard and difficult
      Reuter  -  191 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      996 4 ARRIVALS DEPARTURES Operator Service Local From Operator Service Local For number time number time SEY HK60I 0700 SEZ SIA SQ102 0730 KUL SU SQ417 0810 DXB/KHI UAL UA806 0810 HKG/SfO MAS MH640 0820 rut GIA GA961 0815 CGK SVA SV398 0835 JED/RUH SU SQ104 0630 KUL MAS
      996 words
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  • REST OF THE WORLD
    • Article
      Lock icon USSR urged to cut military spending
      556 6 Shelve price reforms, suggests Russian economist Reuter A LEADING Soviet economist has urged the government to cut military spending and shelve planned price reforms of the kind which proved counter-productive in Poland. "Our economy is sick," Stanislav Shatalin, a member of the Academy of
      Reuter  -  556 words
    • Article
      Lock icon Gorbachev wants action, not mere words
      362 6 AP SOVIET PRESIDENT Mikhail Gorbachev says he's had enough of meetings and sloganeering, and that it's time for Soviet society to get down to work. Speaking to a gathering of the Young Communist League, or Komsomol, in Moscow, he expressed his impatience with the
      AP  -  362 words
    • Article
      Lock icon Commemorative day protesters arrested
      401 6 AP. Reuter POLICE ARRESTED at least 50 people who gathered in Moscow and Leningrad on Sunday to demand freedom for several hundred people they say remain in prison, camps, and psychiatric hospitals for their beliefs, a dissident source said. The protests tested official tolerance just days
      AP.; Reuter  -  401 words
    • Article, Illustration
      Lock icon Group proposes Sakharov for Soviet parliament
      287 6 Reuter AN ANTI-STALINIST Soviet conference of leading intellectuals and human rights activists from across the country on Sunday proposed Nobel Peace laureate Andrei Sakharov as a candidate for the Soviet parliament. The conference, called to prepare for the formal launch of an organisation aimed
      Reuter  -  287 words
    • Article
      Lock icon Study urges next US administration to pay dues to the UN
      315 6 NYT A SUGGESTED blueprint for the next US administration's political agenda at the United Nation* has been set out in a study by the UN Association of the United States of America, based on a nationwide survey of the
      NYT  -  315 words
    • Article, Illustration
      Lock icon Dukakis proudly admits being a "liberal"
      490 6 AFP US DEMOCRATIC presidential nominee Michael Dukakis, beaming optimism on news he may be closing in on Republican rival George Bush, boasted on Sunday that he was a liberal in the tradition of John F Kennedy. In a whistle-stop train tour through California's San
      AFP  -  490 words
    • Article, Illustration
      Revellers celebrate Halloween
      33 6 HALLOWEEN REVELLERS filling the street* ol Key West, an island community off the southern tip of Florida, on Saturday. The event was tha 10th annual celebration known as "Fantasy Fast".
      33 words
    • Article
      Lock icon Camelot and Kennedy found in Scottish ruins
      269 6 Reuter THE LEGENDARY King Arthur's court of Camelot has been reported discovered in the ruins of a Scottish castle once owned by a branch of the Kennedy family possibly related to the late John F Kennedy of the "Camelot" presidency. Burke's Peerage, the
      Reuter  -  269 words
    • Article
      Lock icon Safety problems beset nuclear plants
      265 6 AP SAFETY PROBLEMS at aging US nuciear weapons plants are forcing the government to stop production at major sites and invest billions of dollars to clean up past mistakes. Energy Department officials face criticism from Congress, the Defence Department and angry citizens in the 13
      AP  -  265 words
    • Article
      Lock icon Six newspapers back Bush; four for Dukakis
      259 6 Reuter SIX NEWSPAPERS endorsed George Bush for president on Sunday, calling him a seasoned leader, while four, including the New York Times, backed Michael Dukakis, citing his stand on the economy. US Vice-President Bush, the Republican party nominee. won the backing of the
      Reuter  -  259 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      157 6 FOR SALE BY AUCTION COCKPIT HOTEL iillm mar Freehold Excellent location in close proximity to Singapore's hotel yS|| and shopping corridor at Orchard Road {9ft Easy access to public transport and expressway ({fl 5-minute walk to nearest MRT H w Station I* ji J r Extensive vacant land for new
      157 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      117 6 Doonesbury GOOD EVENING. TODAY, IN AN ASTONISHING TURN OF EVENTS, BUSH SCRIPTWRJTER 1 PEGGY "POINTS O' LIGHT" 2 NOON AN DECLARED THE o ELECTION OFF/- CI ALLY OVER' m K m m ft PUBLIC REACTION TO NEWS OF THE SHORTENED CAMPAIGN WAS ecstatic. the vice president, UJHLS CLEARLY SURPRISED BY
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      212 6 Vmm y/S'C. Mai Note Singapore rc> 22/15 11/04 15/06 33/25 31/25 30/24 16/06 24/18 15/00 10/00 27/24 12/05 29/18 12/02 -9/-4 30/17 26/15 -12-4 25/06 24/15 07/00 13/03 30/27 11/02 17/10 19/07 30/23 -2/-4 19/07 19/16 32/12 31/12 13/09 33/24 20/12 22/12 08-02 31/23 19/14 23/17 11/05 21/16 24/10 32/24
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      50 7 *v V '.r V a "I v 4r y N *> <r ti *"S -c v« r v r > 4 <s V > H r< t f> A he Road To Success Has Many Wrong Turns, But Making The Right Decisions Will Help You Avoid The Ones That Lead
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      399 8 Sometimes it seems like there's no justice in today's business world. You'd think that the more you increase your sales revenue the more your profits would grow. But sometimes they don't. So, today's corporate treasurer has the unenviable task of attempting to Doing business without managing both cash and financial
      399 words
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  • COMMODITIES
    • Article
      Precious Metals
      559 9 HONGKONG: Gold yesterday ended barely changed from New York's Friday close on moderate profit-taking by European investors in the afternoon session. Dealers said light short-covering by local investors in the morning was slowly absorbed by selling pressure later, which pushed the metal to near the day's low by
      559 words
    • Article
      Crude Oil and Products
      155 9 FUEL OIL prices were steady in the Singapore market on light trade. Market sentiment has remained mixed but regional demand was expected to lend some support to prices. Seller's indications were pegged around US$66 per tonne (fob Sing). While buyers num- ber were at levels US$2US$3
      155 words
    • Article
      KL Tin
      158 9 THE tin pricc rose MVM cants to and at M 519.40 a kg, boosted mainly by currancy factors and Friday's hlghar ctoaa In London. Oaalars notod strong •hort-covsrlng by Japanaaa tradars who had baan absant In racant days and wara ancouragad by a smallar pramlum of £40 a
      158 words
    • Article
      Rubber
      304 9 SINGAPORE: Rubber prices closed higher yesterday with Nov RSS One buyer quoted at 205.00 cents a kg, up two cents from Friday's close. Prices were littlechanged in the afternoon from the morning's higher levels in dull and featureless trading. Operators stayed on the sidelines due to a lack of
      304 words
    • Article
      RAS and MRELB
      303 9 RAS prices in S cmMo, FOB In bate NOON CLOSE Bwyors SoJIon Buyors Sollort Int 1 RSS Prompt 205.00 207.00N 204.00 206.00N Int 1 RSS Nov 88 206.00 207.00N 205.00 206.00N Int 1 RSS Doc 210.50 21 1 JON 209.50 210 JON fait 2 RSS OP 203.50
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    • Article
      SSR and SMR
      80 9 (cants/kg) NOVEMBER 1988 DECEMBER 1988 (currant month) (forword month) RAS NOON NOON Buyer* S»IUn twy«ri SaJton SS* 30 197 JO 199 JON 197.50 199JON SSR SO 195.50 197 JON 195.50 197 JON MRELB •uyari S•Mar, tuyen S«M«ri SM> CV 309.50 311.50N 311 JO 313.50N SM* I 301.50
      80 words
    • Article
      Palm Oil
      286 9 MALAYSIAN crude palm oil futures closed slightly steadier in narrow-range trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said trading support was mainly from commercial houses with buying being encouraged by higher Chicago soyoil and European prices. November added Msl to M 51,045 a tonne. December gained
      286 words
    • Article
      Lock icon US-Iraq agricultural credit talks
      94 9 Reuter US AND Iraqi officials started talks on Sunday on new credit guarantees for the sale of US agricultural commodities to Baghdad. US Department of Agriculture representative in Iraq, Larry Panasuk. told Reuters both sides "expressed satisfaction with the progress and the trading of a greater
      Reuter  -  94 words
    • Article
      Lock icon Jakarta approves petrochem plant
      280 9 Reuter INDONESIA said it had approved the construction of a US$lBO million polyethylene plant in West Java by a consortium of Japanese, British and Indonesian companies. The Investment Coordinating Board said yesterday the firms were Mitsui and Co Ltd, Sumitomo Corp, British Petroleum Co Pic and
      Reuter  -  280 words
    • Article
      Lock icon Gold mining company expects its production costs to fall
      416 9 Reuter BOND Intarnational Gold Inc expects economies of scale to reduce its production costs to around US$2OO an ounce in the early 1990s from around US$234 at present, Chief Executive Officer Alan Birchmore said in Zurich last week. Speaking to analysts
      Reuter  -  416 words
    • Article
      Lock icon Subroto to persuade Oslo to support Opec
      158 9 Reuter THE Organisation of Petroleum Exporting Countries SecretaryGeneral Subroto is to visit Norway today and oil analysts said they expect him to try to persuade Oslo to keep supporting the cartel by restraining its North Sea oil production. Dr Subroto, of Indonesia, will
      Reuter  -  158 words
    • Article
      Lock icon World cocoa output may be higher than consumption
      212 9 Reuter THE International Cocoa Organisation (ICCO) has forecast that world cocoa output might outstrip consumption by 155,000 tonnes in the crop year ending next September, the fifth surplus in a row in a glutted market. But cocoa dealers said the market seemed
      Reuter  -  212 words
    • Article
      Lock icon Mexico raises price of Maya for US buyers
      104 9 Reuter MEXICO will raise the price of its heavy Maya crude by 15 US cents a barrel for US customers but cut prices of the heavy crude will be reduced by 10 US cents a barrel for European customers, state-run the Petroleos
      Reuter  -  104 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      90 9 UliiSSiWaTmi -J FOR LEASE New flatted factory strategically located near the junction of Little Road and Upper Paya Lebar Road 5 floors totalling 41,000 sq ft. Typical floor approximately 8,259 sq ft. Each floor with square configuration and wide column to column span for easy interior layout. A new building
      90 words
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      Page 9 Advertisements Column 2
      127 9 American Optical masterpiece FOCAL CHANGE FRAMES *Wm M I 2 z ~7 r 4 JW -<3 IK«»i ti" ■feti Introducing A Unique Frame That Revolutionizes Your Point Of View. Unlike ordinary frames, AO B Masterpiece Focal Change Frames incorporate a revolutionary mechanism that lets you switch the frame from near
      127 words
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  • PERSPECTIVE
    • Article
      The two sides of the coin
      532 10 THERE are times when the only way to break a deadlock is to throw up a coin in the air, harness your fate to the head or the tail, and watch the coin as it lands. There is a story, however, probably apocryphal, of
      532 words
    • Article, Illustration
      Dickson Poon: Man with a vision
      1500 10  -  Dickson Poon opened his first watch shop in Hongkong eight years ago with a HK$5 million family loan. Today, he heads a chain of 52 boutiques around the world. His Hongkong company is among the colony's 50 biggest and his Singapore company is about
      1,500 words
    • Article
      Lock icon Smaller firms hit by US banks' reluctance to grant export credit
      938 10 Small and medium-sized companies in America are finding it more difficult to gain financial backing for exporting their goods. Nancy Dunne looks at the shortfall in cash which is hampering businesses. FT US EXPORT CREDIT, a vital component of
      FT  -  938 words
    • Article, Illustration
      Lock icon Takeshita makes last-ditch attempt to save reputation
      1143 11  -  Japanese Prime Minister Noboru Takeshita has been jolted out of the complacency with which he treated the stock-trading scandal when it came to public attention last June. If his unpopular tax programme is to be passed in coming weeks, it is likely to
      IHT  -  1,143 words
    • REGIONAL VIEWPOINTS
      • Article
        The message is unity
        357 11 Our weekly summary of what other publications have to say about issues of regional interest. MALAYSIA "THE CALL for Malay unity as a prerequisite for a united multi-racial Malaysia took centre-stage in Datuk Seri Dr Mahathir Mohamad's address to the (New) Umno General Assembly... "In his
        357 words
      • Article
        GSP: Strike while iron is hot
        236 11 Hopefully, with more local exporters being briefed on how to benefit from utilisation of GSP in the developed countries, more headway can be made to penetrate overseas markets. The duty exemptions or concessions under GSP will help to make Malaysian goods more competitive and
        236 words
      • Article
        Time to take stock of promises
        352 11 "MALAYSIA'S election to the United Nations Security Council as one of the five non-permanent members of the 15-member body is indeed a great honour. The near absolute mandate of 143 to five clearly reflects the very high esteem in which Malaysia is held in
        352 words
      • Article
        Patience and understanding needed
        230 11 JAKARTA-AUSSIE TIES REALISM and restraints on both sides are called for if we really want to see a gradual firming of cooperation and understanding between Canberra and Jakarta "The historical setting in which both countries exist as close neighbours with different backgrounds does not make it
        230 words
      • Article
        Sensible friendship with Indonesia
        207 11 THIS WEEK s visit (to Indonesia) by the new Foreign Minister, Senator (Gareth) Evans, passed off without diplomatic or media disaster and the Indonesians demonstrated with considerable panache that they are serious about cancelling out the string of past incidents which always appeared to stand in
        207 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      225 10 I R_SIN G SiTOT A TASTE OF OUR MEDICINE M V I map Chln*M cum tor China WE'LL DELIVER To Your Home Or Office AT NO EXTRA SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on the stockmarket, trade industry, banking, property, company
      225 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      42 10 He mfipe. ONE. OF HIS USUPU- I -rue 'U>4IPAE.D M iNeFFecrufM- s R^J HC VcoR 1 SPSIM&SIDpoind. ......> > mVIVou]P J GOf?G£OOS m.SSPReTTV OF 'TH e>R«STOU) y\ KL€.G:NRPHON£. PVND SH£.CUT 1/ Him omra «tsp C?~-o r? HOUI'S TPiWCI NG tvE, wo egUft. mt-mt 7780
      42 words
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      148 11 Discover what Royal treatment is like, with Thai. The name Royal Executive Class did not come about by chance. Instead it is a reflection of Thai's belief in treating our passengers like royalty. From the moment you enter our new REC lounge at Don Muang Airport, Bangkok, the royal treatment
      148 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      193 12 MARCO POLO BUSINESS CLASS BUILT TO HELP THE CORPORATE BODY ARRIVE IN BETTER SHAPE ■■u u < 3*. m k l *8 THE NEW v*T#t 11 I j vat «r»" r v* I i in the skies. the spine. Th is November, Cathay Pacific introduced the finest business class The
      193 words
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  • FOCUS
    • Article
      Lock icon Striking parallels with the US election
      597 13  -  By WILLIAM SAFIRE NYT THE ELECTION in Israel today has this startling similarity with the US election: swing voters believe what their candidates are saying about each other. In the US, that explains why so many undecideds take George Bush to be an elitist,
      NYT  -  597 words
    • Article, Illustration
      Lock icon Arab leaders appeal for a vote for peace
      784 13  -  By EILEEN ALT POWELL AP KING HUSSEIN of Jordan praised Labour Party leader Shimon Peres' peace plan. PLO chairman Yasser Arafat urged Israeli Arabs to vote for leftist parties. Organisers of the Palestinian uprising appealed in leaflets for "a vote for peace."
      AP  -  784 words
    • Article, Illustration
      Lock icon Israelis fear stand-off at the polls
      1463 13  -  Israelis go to the polling booths today. There they will decide whether the country is to be a conciliatory nation of the Left, an assertively hardline nation of the Right or a people simply unable to decide, incapable of defining itself. JOEL BRINKLEY gauges
      NYT  -  1,463 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      100 13 50% OFF All OUR CARS! IU m To celebrate Sime Darby Services turning 8, Hertz is giving a 50% discount* on any car you rent on the 8 days between 1 November and 8 November. The offer's valid for selfdriven cars under the standard rental rates and for driving in
      100 words
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  • Page 14 Advertisements
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      346 15 The very embodiment of success, the new 24-valve Cressida is luxury personified and elegance re-defined. It is the chosen vehicle of those who have arrived at their high positions in life. Not least because they can now enjoy the precision of electronic fuel injection, the purring power of 6-cylinders with
      346 words
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  • LEISURE
    • Article, Illustration
      Lock icon Here's Lucie, at the nightclub
      788 16 UPI MILLIONS of television viewers may remember Lucie Arnaz as the perky, cleancut teenager on the "Here's Lucy" show starring her mother, Lucille Ball, in the late 1960s and early *****. Will America be able to adjust to Lucie Arnaz. star of a high-powered nightclub
      UPI  -  788 words
    • Article, Illustration
      Lock icon Violence mars Jagger's first concert in Jakarta
      339 17 AP BRITISH rock star Mick Jagger thrilled tens of thousands of screaming fans Sunday night, but violence and vandalism marred Jagger's first concert ever in the Indonesian capital of Jakarta. The 44-year-old Jagger, whose solo appearance began an hour later than scheduled, surprised
      AP  -  339 words
    • Article, Illustration
      Lock icon Pyramids set the scene for Placido Domingo
      334 17 Reuter SURROUNDED by the imposing pyramids of Mexico's City of the Gods, tenor Placido Domingo starred on Saturday night in the world premiere of Lalo Schifrin's "Aztec Songs," a choral work in an Amerindian dialect. The Spanish-born tenor sang the role of Nezahualcoyotl,
      Reuter  -  334 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      268 16 ¥¥T| Where to entertain. ALMOND CRISPY CHICKEN It will appeal to everyone One whole juicy, tender chicken deep-fried till golden brown and crispy, with almond flakes generously sprinkled on Available only in November, at the Meisan Szechuan Restaurant on level 2. Royal Singapore I Entic Bf I 9* ✓RJ ma
      268 words
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      Page 16 Advertisements Column 2
      87 16 Try Something Malaysian Style "HIGH TEA" From three to six every afternoon your choice of 15 Buffet spread of delicious Kueh Lapis. Kueh Dadah, Mee Siam, Kueh Kuchee, Agar Agar Gundil. Bubor Hitam, Gula Melaka and many more. Unlimited servings Time: 3.00 6.00pm Venue: Dondang Sayang Call 737 1133 ext.
      87 words
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      Page 16 Advertisements Column 3
      254 16 VI Passage to India at the Hyatt >c t< >Ixt 2(> V>\ imlxr I \ll t \!l.l\ .1)^.111! I Mil ti I sptV.kl s|K\ l.ll!\ br< niutii .11 ti. »iii I'i llii. r\i\ titi\ i' i lu't. II s < >lxr< ii Ins .iNMsi.iiUs ill pn '.iic ihe im >st
      254 words
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      Page 16 Advertisements Column 4
      145 16 Cafe Plaza An Inviting Hokkien Treat (Nov. 1 -15) Adults: $14.50+ Children: $9.00+ Plaza Hotel SI*C»»0»l <■>*•«•<. at Beach Ro*d 0719 Te» *****11 m I as m fashion show by Om ProftMiotml Irtwgt Consultants Pentmufa Hotel 1 Wj I -Xv nHnn:; 3 Coleman Streel. Singapore 0617 o Tel: *****00 When
      145 words
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      Page 16 Advertisements Column 5
      191 16 It's the French r: 2 Solid Super-Star Showbands M From the Philippines No cover charge! Non-stop music! Daily Spa to In Fri. Sal A eve of boMayt till 2aa KEYMAN They're back afani because you've a*ed far (hem Sol as etoctnfymt. aaankM INTIME BAND So dynamic yet to versatile. The
      191 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      172 17 There's a cafe on a lush, green hi 11... where you can take a break. Meet frienas. Relax Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in the Park Ftm vol«t parking. A©
      172 words
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      Page 17 Advertisements Column 2
      50 17 m V//, V y /> V JWA QUALITY GUARANTE ED m toi I w E UILY VATURED FINEST SCOTCH WHISKY BLENDED BOTTLED BV t/ro/yr CBa//a/i&nr eJori. l£ltru/ed C/)/j//Z/rri —GDuntAar/ot/. pfro/Zant/ PRODUCT Of SCOTLAND 01 MPOT OLIH ALLIED WALKER DISTRIBUTORS SON SMC SO JALAN RfNCHAIA PEIAUNG JATA MAUTSIA W. THE SUPERB
      50 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      661 17 CRYPTIC PUZZLE ACROSS 3 Keeps arresting readers! (5) 8 Did something original (5) 10 School game (5) 11 Flying club? (3) 12 Rest of the night (5) 13 A failure as a fast dye? (7) 15 Not one over the eight (5) 18 A great time (3) 19 Step taken
      661 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1243 17 Him BQW Bittercreek murders f I! F i 4 S? v >* x TUESDAY PREMIERE Nightmare At BMercreek 10.50pm, Channel 5 A group of adventurous ladies get more than they bargained for in this 1987 thriller. Ex-bionic woman Lindsay Wagner (above, with Tom Skerritt) stars as part of a mountain
      1,243 words
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  • MONEY AND EXCHANGES
    • Article
      Quotation of Singapore Government Stocks as at October 31, 1988
      371 18 Number Indicative Gross Coupon Amount i J of days of middle price redemption Maturity Year raised rat* million) payment accrued (excluding yield Pa) dates interest occrued po) interest) 1.6.86/89 Loan 1 1971 •5% 80.21 1/6, 1/12 152 •101.45 •3.22 1.6.89
      371 words
    • Article, Illustration
      World interest rates
      184 18 Indicates th« ivwagt o4 ths prim* landing rata* o4 12 major banks in S'port Interbank market rates (offer/bid) on Oct 31 us$ DM SWFC Y«n 7 dayf 7/)6 5/1* 11 3/4 5/8 4 15/16 13/16 3 3/4 5/8 4 9/16 7/16 1 7/14 5/16 12 ii 7/e
      184 words
    • Article
      Asian dollar market
      203 18 ASIAN DOLLAR deposit rates ended little changed from opening levels after trading quietly throughout yesterday. uss OffE« 810 7 doyi 7/16 8 5/16 1 month 8 7/16 8 5/16 2 mmiltu 8 11/16 8 9/16 3 months 8 5 8 8 1/2 6 momtn 8 5/8 8
      203 words
    • Article
      Simex
      519 18 DECEMBER Eurodollar futures opened one tick higher on Simex yesterday than the previous close at 91.41. Trading was lacklustre and was confined within a narrow range of 91.39 to 91.41. Traders were mainly sidelined ahead of tomorrow's US refunding announcements and the release of October job data on Friday.
      519 words
    • Article
      IMM
      191 18 IMM currency futures reversed an early decline to finish moderately higher on Friday, near daily highs. News that Syria moved extra troops and arms into North Lebanon sparked safe-haven buying of dollars and gold that quickly pressed currency futures to session lows. But values reversed course after the US
      191 words
    • Article
      Money markets
      58 18 THE OVERNIGHT rate on the Singapore money market rose 1/8 to close at 5-1/4 per cent yesterday. Short-term rates were unchanged across the board. S$ Interbank rates at the close yesterday: omt no 0*m.5 1/4 S l/« 5 3/1* 5 1/16 2-monMt 5 1/4 5 1/■ 3-monrti 5
      58 words
    • Article
      Forex markets
      750 18 SINGAPORE: The US dollar closed weaker against most major currencies yesterday. Against the Singapore dollar, the US dollar closed softer at 1.9967/77 in hectic trading. It traded within a range of 1.9960 and 1.9985. It opened at 1.9980/00. The dollar fell to 1.7655/65 marks from New York's Friday
      750 words
    • Article
      Foreign Exchange
      227 18 Interbank rates at 3pm yesterday: no OfFER ctom party 7* change Local dollars to c me of foreign currency: US doNar 1.9965 1.9975 2.8196 -29.19 Storting pound 3.5467 3.5505 7.3469 -51.73 Australian doMar 1.6431 1.6459 3.4286 -52.08 NZ dollar 1.2528 1.2554 3.4286 -63.46 Canodian dollar 1.6364 1.6399 3.4206
      227 words
    • Article
      Government securities market
      102 18 Treasury bills Period Issue Yesterday's closing Day's code Maturity WO OFFER HIGH LOW 3 mooltw BOSS140V 26.01.89 4.30 4.25 4.37 4.29 6 months BY*****Z 23.03.89 4.43 4.38 1 year BY*****S 20.07.89 4.46 4.41 4.52 4.43 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      102 words
    • Article
      Options
      1483 18 CURRENCY FUTURES OPTIONS Monday, Oct 31, 1988 DEUTSCHE MARK (SIMEX) Mm M«h M celM LM Se« Me Hkg* 88 n* Lev Sea 52 53 54 55 56 57 2758 280 CA8 CA8 CA8 90 23 87 21A 87 31 46 SA 35A 2 3 41 Oec 88 call* M«ti
      1,483 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      33 18 VESSEL FOR SALE 1984 Malaysian Nippon Kaiji Kyokai (NS*, Barge, Oils Flashpoint Below 60 degrees) 30.5 m 9.14 m 2.44 m 492.486 kilolitres Price Idea: M 5150,000.00 ono Interested party to contact 03-*****34/*****14
      33 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Protect your investment in computer hardware
      703 19  -  by PAUL FRANKLAND "COMPUTER CRIME" is a term that nowadays usually summons up an image of some bespectacled whiz-kid criminal breaking through international security codes to extract forbidden data from highly confidential files. Such corporate and political raiders have acquired almost a folk-hero aura,
      703 words
    • Article
      Lock icon Knight-Ridder worried about CME's Globex proposal
      538 19 Reuter KNIGHT-RIDDER Business Information Systems said in Washington it was concerned that the Chicago Mercantile Exchange's proposed Globex computerised futures and options trading network would deprive the public of access to trading information. In a letter to the Commodity Futures Trading Commission (CFTC), Knight-Ridder
      Reuter  -  538 words
    • Article
      Lock icon Hot money curbed by fast-rising NT$
      388 19 Reuter TAIWAN is allowing fast appreciation of its currency to prevent speculative funds re-entering the island, bankers said yesterday. Some bankers estimated at least US$l billion of what they described as "hot money" had re-entered Taiwan since the local currency appreciated against the US
      Reuter  -  388 words
    • Article
      Lock icon US$70b bailout seen for thrift industry
      267 19 Reuter CITICORP chairman John Reed said in Los Angeles last week he expects the crisis in the US savings and loan association industry to cost US$7O billion. He said the banking industry and taxpayers will have to pay part of the bill. Speaking to
      Reuter  -  267 words
    • Article
      Lock icon Malaysia urged to allow foreign banks to expand
      319 19 Bernama AN ECONOMIST with the United States Department of Treasury said Malaysia should consider allowing foreign banks based in the country to expand their operations. This would be in the best interest of the banking system in the long run, Ida May
      Bernama  -  319 words
    • Article, Illustration
      'S'pore will become exporters of capital'
      537 19  -  Important role for Asian dollar market By SOH TIANG KENG, Financial Correspondent A SENIOR local banker yesterday said that Singapore will be looking to be exporters of capital and technology, while continuing to encourage the remittance of funds here. With its fairly liberal financial
      537 words
    • Article
      'Japan increasing direct investment in Asia while US pulling out funds'
      375 19 JAPAN has been pumping more money into Asia, while the United States has been pulling out "massive funds" from this region, delegates attending the Asian Bankers Association seminar were told yesterday. In his keynote address, Mr T Hosomi, chairman
      375 words
    • Article
      Lock icon Philippines to ask Japan for partial debt write-off
      231 19 AFP THE PHILIPPINES will ask Japan to write off some of its official debt as part of an economic assistance package when officials of both countries meet in Tokyo next month, an official document obtained in Manila said. A memo of the
      AFP  -  231 words
    • Article
      Lock icon US Treasury expected to unveil refunding package
      476 19 Reuter THE US TREASURY is expected to unveil a three-part refunding package this week that will total between US$27 billion and US$29 billion and include the first offering of 30-year bonds since May, economists said. The Treasury has been barred from auctioning a
      Reuter  -  476 words
    • Article
      Lock icon Tokyo concerned about currency market conditions
      164 19 Reuters JAPAN is very much concerned about current currency market conditions, a senior Finance Ministry official said. He said that he thought other major nations shared that concern. "We are in very close touch (with other major nations)," he said. The official was commenting
      Reuters  -  164 words
    • Article
      Lock icon HK government not selling Overseas Trust Bank yet
      183 19 Reuter THE Hongkong government has no immediate plans to sell Overseas Trust Bank Ltd but is seeking advice on the sale of governmentowned Hang Lung Bank Ltd. Secretary of Monetary Affairs David Nendick said last week. Mr Nendick, who is chairman of
      Reuter  -  183 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      66 19 LOST CERTIFICATES The following certificates have been reported lost, mislaid or destroyed: Notice is hereby given that replacement certificates will be issued and the original certificates will be deemed cancelled and void fourteen (14) days from this date unless valid representations are lodged with the undersigned prior thereto. M C
      66 words
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  • SPORTS
    • Article
      Muru intent on bringing home Maruman Cup
      410 20  -  By WALTON MORAIS ORDER OF MERIT leader M Murugiah, continuing in his adventuresome tradition of playing on foreign soil, leads 17 local pros to the U5525,000 Maruman Classic in Jakarta next week intent on bringing the title back to Singapore. 'If a Singaporean
      410 words
    • Article, Illustration
      Lock icon Nick Faldo storms ahead to take Volvo Masters
      354 20 UPI BRITAIN'S Nick Faldo posted a four-under-par 68 on Sunday to storm past compatriot Sandy Lyle and Spaniard Severiano Ballesteros and capture the US$6OO,OOO Volvo Masters golf championship. Faldo, beaten in a play-off for the US Open by Curtis Strange in June,
      UPI  -  354 words
    • Article, Illustration
      McLaren-Honda team wins Formula One again
      394 20 THE MCLAREN-HONDA team has again shown its supremacy in the Formula One World Championship with its latest win Ayrton Senna of Brazil in Ist place at the Japan Grand Prix and Alain Prost of France finished second at Honda's home track. With the placings
      394 words
    • Article, Illustration
      Lock icon Mansdorf wins indoor tennis title after lesson from defeat
      440 20 Agencies AMOS MANSDORF said he learned from his defeat to Brad Gilbert earlier in October that cost him more than US$l3,OOO. Gilbert is hoping to learn something from his defeat to Mansdorf on Sunday at the Paris Open that cost him
      Agencies  -  440 words
    • Article
      Lock icon Talks this week on Tyson-Damiani fight
      144 20 AP NEGOTIATIONS for a world heavyweight title fight between undisputed champion Mike Tyson and European champion Francesco Oamiani will begin this week following the Italian's convincing victory over American Tyrell Biggs Damiani's manager Umberto Branchini said he will fly to New York on Thursday
      AP  -  144 words
    • Article, Illustration
      Empire Rose is favourite to win Melbourne Cup
      381 20 GIANT MARE Empire Rose, second last year, is the clear favourite to go one better in today s Melbourne Cup after a storming victory over the weekend. Empire Rose shortened from 9-1 to 5-1 favourite minutes after her win in Saturday's MacKinnon
      381 words
    • Article
      Lock icon Australia at a standstill for the races
      140 20 AP EMPLOYERS and employees all over Australia will stop work for a few minutes today to watch the running of the US$l.35 million Melbourne Cup. The classic horse race, which was first run in 1861, is one of the richest in the world
      AP  -  140 words
    • Article
      BONDS, LOANS & WARRANTS
      630 20 BONDS, LOANS WARRANTS Company Uptryl cUto Coupon <%) CK Tang Wrt* *****990 Oman Hup Wrt* 1991 Qty D»v Bond* 1994 5K Oty D*v Wm 1992 G Corp CUIS 1989 10 H Prop Bond* H Prop Writ 1993 1993 4 H Tai-Pon Wrt* 1992 Inno-Poc Loan Inno-Poc Wrt* 1992 1992 6
      630 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      49 20 A SLOW TAKEAWAY SETS UP THE TEMPO FOR THE WHOLE SWING DOESN'T MEAN MORE DISTANCE. JUST THE J OPPOSITE A SlOW BACK SWING allows rou TO TURN BETTER... St i AND HAVE A SMOOTH START TO THE DOWNSWING WITH THE HANDS,ARMS AND LEGS J V WORKING IN HARMONY y
      49 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Is Sesdaq finally shedding its tame, unadventurous image?
      654 21 Mm mm** By HOCK LOCK SIEW PRACTICAL CONSIDERATIONS have a habit of getting in the way of more idealistic aspirations. So it has been with Singapore's 20-month-old Sesdaq market. Although conceived originally as a financial runway for young and budding high-fly-er-type companies,
      By HOCK LOCK SIEW  -  654 words
    • Article, Illustration
      Lock icon Lo and behold, the man who would be king of HK Hotels
      952 21 FT TO BID for a company nearly 30 times the size of your takeover vehicle is audacious enough, even in the helter-skelter financial world of Hongkong. Mr Lo Yuk Sui, a 44-year-old relative newcomer to the corporate big
      FT  -  952 words
    • Article
      AIS chalks up 43pc rise in turnover
      330 21  -  By HERMAN PHUA STEEL PIPE maker Amalgamated Industrial Steel Bhd has ended another financial year with impressive earnings. For the year ended June 30, 1988, group after-tax profit rose three times to M 59.93 million ($2.54 million) on a 43 per cent rise
      330 words
    • Article, Illustration
      New Haw Par group MD targets for growth
      508 21  -  By JOCELYN TOH INVESTMENT AND trading group Haw Par Brothers International Ltd has revamped its top management with a mandate to achieve growth for its key business areas. After more than 10 months without an operation boss. Haw Par yesterday said it
      508 words
    • Article
      Johan Holdings Bhd slips further into the red
      463 21  -  By MAGDALENE NG CONTRARY to expectations of a healthier financial poeition after two years of consolidation, John han Holdings Bhd has slipped further into the red at half time. At George Kent (M) Bhd, a 65 2-per-cent owned listed subsidiary, earnings were
      463 words
    • Article
      Central Depository amends two rules on rights issues
      244 21 THE Central Depository (Re) Ltd, which provides clearing and depository services for Sesdaq share scrips, recently informed its depositors of two changes pertaining to rights issues. In a letter dated Oct 17, the wholly-owned subsidiary of the Stock Exchange of Singapore said
      244 words
    • Article
      Lock icon Sateras identifying areas to diversify into
      202 21 Bernama SATERAS RESOURCES Malaysia Bhd is constantly identifying and reviewing new areas of diversification for the group, its managing director Mohamed Kamal bin Hussain said He told reporters after the company's annual general meeting in Kuala Lumpur yesterday that the sreas which the group
      Bernama  -  202 words
    • Article
      DIVIDENDS ANNOUNCED
      808 21 Currant El Book* Date To* lor Total tor payment Ms clou payable ■m yoor trnm yoor A Emorprtsos 5% No* 2 No* 17 Dec 5 7% 10% Amol Steal 10%W Jon i Jon 20 Jon 31 10% 8% Asiatic Dav 2%UI Oct 12 Oct 26 Nov 21 2%
      808 words
    • SES
      • Article, Illustration
        SIA takes centre-stage in lacklustre trade
        1479 22  -  by Kevin Gwee SINGAPORE AIRLINES took trestage as trading continued to be quiet and lacklustre in the local bourse yesterday. Investors were pleasantly surprised by the blue-chip counter's record after-tax profit of $454 million, an almost 50 per cent increase over the previous period
        1,479 words
      • Article
        COMPANY MEETINGS
        119 22 AUSTRAL AMALGAMATED TIN Berhad: 49th AGM at The PNB Theatrette, 2nd Floor, Menara PNB, 201 A, Jalan Tun Razak, ***** Kulua Lumpur on Thursday, Nov 3. at noon. Rothmans Industries Limited: 9th AGM at the Registered Office of the company, Virginia Park, 905 Bukit Timah Road, on Thursday,
        119 words
      • Article
        SES SHARE INFORMATION
        5486 22 1988 T.| High Low Cod* SESDAQ Company Last Sale OCT 31 crGr*a Dlv Div C'vr Gr's Y'ld Net P/E Vol f000) Day High Low Last Quote Buyer Seller M Cap Smll 187 120 170 59 110 130 199* 53 144 92 135 126 122 114 t 75
        5,486 words
    • KLSE
      • Article, Illustration
        Shares finish firmer
        3305 23 SHARE prices closed firmer but off the day's highs on the Kuala Lumpur stock market yesterday. Gains were mostly marginal but a handful posted double-digit improvements. Blue chips and plantations attracted renewed interest and posted the better gains of the day. A broker said institutional investors are
        3,305 words
    • REGIONAL MARKETS
      • Article
        Lock icon Seoul prosecutors detain six for manipulating stock prices
        271 24 AFP SOUTH KOREAN state prosecutors have arrested six people in Seoul in a major crackdown on stock price manipulation involving investigations into 25 securities firms, officials said. The prosecutors charged three postal workers from the Seoul Stock Exchange and three employees of
        AFP  -  271 words
      • Article
        Lock icon BNZ dispute
        72 24 Reuter BANK OF New Zealand chief executive Bob McCay has said BNZ has legal opinions which support its position in a potential lawsuit with Elders Resources NZFP Ltd. Elders Resources had said it was preparing to sue BNZ, claiming the bank acted without proper authority by offsetting NZS23O
        Reuter  -  72 words
      • Article, Illustration
        Lock icon Stocks slightly up
        580 24 Tokyo Reuter TOKYO SHARE prices seesawed through the day to end modestly higher yesterday, for the sixth straight session of gains, brokers said. "Overall, the volume has trailed off a bit so it's a kind of slight rest after strong gains through last week and on Saturday,"
        Reuter  -  580 words
      • Article, Illustration
        Lock icon Shares finish firmer
        529 24 Australia Reuter THE AUSTRALIAN share market finished the day firmer yesterday after much of the uncertainty surrounding the placement of Bell Resources' 70.4 million BHP shares was lifted. However, brokers said the negative tone in the market, prompted by the BHP share sale and a hangover from
        Reuter  -  529 words
      • Article, Illustration
        Prices close higher
        1397 24 Hongkong HONGKONG SHARE prices yesterday ended higher in active trading in the morning followed by calm in the afternoon. The Hang Seng Index ended 12.94 points higher at 2,627.41 and the Hong Kong Index 8.87 st 1,730.80 Turnover was HK5919.76 million against HK5752.46 million Isst Friday. One
        1,397 words
      • Article
        Lock icon Bangkok: Index down
        165 24 Reuter THE SECURITIES Exchange of Thailand Index fell 6.26 points to 418.74 yesterday on a turnover of 3,876,953 shares worth 293.25 million baht. OCT SI 1 IAHT Ao Kham Thai 346 -14 Ayudhya Investment 426 -4 Bangkok Agro-lrxJ 109 unch Bangkok Bank 280 -9 Bank Ot Ayudhya
        Reuter  -  165 words
      • Article
        Lock icon Seoul: Moderate trading
        277 24 Reuter SEOUL SHARE prices dropped in moderate trading yesterday as many investors moved to the sidelines, brokers said. The composite index closed at 729.79, down 11.81 points, on turnover of 151.5 billion won against 121.6 billion for Saturday's half-day session. "Many investors are getting the jitters on
        Reuter  -  277 words
      • Article
        Lock icon New Zealand: Quiet start
        94 24 Reuter NEW ZEALAND shares began the week quietly yesterday with the Barclays index easing 4.03 points to 2.020.37 Brokers were divided about direction, but the market was not expected to move far in either direction short-term. They said it remained susceptible to offshore trends, but little
        Reuter  -  94 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon Inchcape plans Europe drive
        510 25 FT TRADING GROUP Inchcape pic has developed detailed plans to exploit Europe's intended single market with a multi-country network of car retailing and distribution outlets. Mann Egerton, the subsidiary through which Inchcape's continental "invasion" is being mounted, has already bought one Paris-based organisation for £2.6 million.
        FT  -  510 words
      • Article
        Lock icon Lubrizol, Exxon in infringement court battle
        241 25 Reuter LUBRIZOL CORP, a motor oil additives maker, fought in court yesterday with Exxon Corp in a billion dollar patent infringement case that some analysts say could reap enormous benefit for Lubrizol. "It is certainly one of the most important events in (Lubrizol's) corporate
        Reuter  -  241 words
      • Article
        Lock icon Bonn clears way for Daimler-Benz to buy stake in MBB
        453 25 Reuters THE WEST German government has cleared the way for Daim-ler-Benz AG to take a stake in aerospace group Messer-schmitt-Boelkow-Blohm GmbH, coalition government sources said. The sources in the centreright coalition said on Sunday that Bonn had pledged to provide
        Reuters  -  453 words
      • Article, Illustration
        Lock icon Odds of a market crash reduced but not eliminated: SEC chief
        378 25 Reuter SECURITIES AND Exchange •y Commission chairman David e Ruder said the odds of another s- stock market crash have been ir reduced, but not eliminated, by r improvements in the US stock trading system. o Mr Ruder said
        Reuter  -  378 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        821 25 Reuter MILAN Italian shares were higher in restrained early afternoon trading yesterday, with many operators absent ahead of today's market holiday, dealers said. The MIB index edged 0.8 per cent higher, recouping half of last week's small 1.7 per cent decline and supported by an optimistic weekend
        Reuter  -  821 words
      • Article
        Selected indices
        129 25 HONGKONG Hongkong Index Monday 1730 00 Friday 1.***** Week ago 1 687 13 Hang Seng Index Mondoy 2.627 41 Friday 2.614 47 Week ago 2 562 46 All Industrials Monday 2.6115 Friday 2.603 3 Week ogo 2.6152 NEW YORK Dow Jones Friday 2,149 89 Thursday 2.***** Week ogo
        129 words
      • Article
        Lock icon Philip Morris to buy out Kraft for US$13b
        702 25 Merger would be second biggest in the US AP KRAFT INC has agreed to a US$l3.l billion buyout by Philip Morris Cos Inc, ending a short but intense hostile takeover fight in the biggest merger ever between two non-oil US companies. When
        AP  -  702 words
      • Article, Illustration
        Lock icon Dun & Bradstreet to sell Airline Guide to Maxwell for US$750m
        567 25 Dun Bradstreet to sell Airline Guide to Maxwell for US$750m NYT THE DUN Bradstreet Corp has agreed to sell its Official Airline Guide for USS7SO million in cash to the British publisher Robert Maxwell, the two parties announced. Dun Bradstreet had said in July that it planned to sell the
        NYT  -  567 words
      • Article
        Lock icon 'NZ share market a graveyard'
        205 25 AFP BRIERLEY INVESTMENTS Ltd (BIL) has indicated that it will place greater emphasis on overseas investment, describing the New Zealand share market as a "graveyard with only a few well tended tombstones". Chief executive Paul Collins said in the annual report released yesterday that BIL
        AFP  -  205 words
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  • Page 21 Miscellaneous
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      759 24 NOTICES IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF AEGA PRIVATE LIMITED NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (pursuant to Section 290) At an extraordinary general meeting of the members of the abovenamed Company, duly convened and held at 190 Middle Road
      759 words
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      Page 24 Advertisements Column 2
      625 24 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 PUBSUANT TO SECTION »o<2)<b) AND IN THE MATTER OF I BUS TRAOING PTE LTD At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719 on Monday
      625 words
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      Page 24 Advertisements Column 3
      820 24 In The Matter of The Companies Act Cap 50 And In The Matter of RENNBIING HOLDINGS PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting: of the members of the abovenamed Company duly convened and held at 220 Orchard Road #05-01 Midpoint Orchard, Singapore 0923
      820 words
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      Page 24 Advertisements Column 4
      6 24 On target, Chart Point every Saturday
      6 words
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      Page 24 Advertisements Column 5
      34 24 ways to keep awake all night v urs PV-M s o Available, Km at all good booktkopi Published bq >. TIMES n looc oflwwroN*! STP Distributors 1 New Industrial Road, Singapore 1953 Tkrya Publishing Group
      34 words
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      Page 25 Advertisements Column 1
      118 25 i'V Scalpel...scissors...sutures._BusinessTimes Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in local, regional
      118 words
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  • LATE FILE
    • Article
      Lock icon KL to privatise water schemes
      47 26 Bernama THE MALAYSIAN government will privatise nearly all the rural water schemes for about Msl.4 billion to meet the urgent need for portable water in the country, Deputy Minister in the Prime Minister's Department Datuk Raja Ariffin Raja Sulaiman said yesterday. Bernama
      Bernama  -  47 words
    • Article
      Lock icon M'sia records M$8.15b surplus
      62 26 Bernama MALAYSIA recorded a tradesurplus of M 58.15 billion in the first eight months this year, up 2.6 per cent, from the M 57.94 billion from the same period last year, said the Statistics Department yesterday. For August alone, Malaysia achieved a trade surplus of M
      Bernama  -  62 words
    • Article
      Lock icon Jakarta steps up tax collection
      59 26 AFP JAKARTA yesterday stepped up its tax collection campaign by appealing to companies and individuals to come forward and settle their income tax, with an offer of leniency over penalties. Many had not even registered as tax payers, while others had not fully or properly
      AFP  -  59 words
    • Article
      Lock icon Police foils attack on Chun's house
      45 26 UPI SOUTH KOREAN police foiled an attack yesterday on the home of former president Chun Doo Hwan by student radicals who promised "commando squads" would reach his house with firebombs and explosives on National Student Day later this week.
      UPI  -  45 words
  • Article
    How Asia-Pacific can attract Japanese funds
    522 26  -  'Innovative yet practical' schemes needed: Dr Hu By SOH TIANG KENG, Financial Correspondent FINANCE MINISTER Dr Richard Hu yesterday urged banks in the Asia-Pacific region to come up with "innovative yet practical" vehicles to lure Japanese investments to this region. Opening an Asian Bankers
    522 words
  • Article
    PM Lee to make official visits to New Zealand, Fiji and Australia
    257 26 PRIME MINISTER Lee Kuan Yew is making official visits to New Zealand, Fiji and Australia. A Foreign Ministry statement said yesterday that Mr Lee would be in New Zealand from tomorrow to Nov 8, in Fiji from Nov
    257 words
  • Article
    Kao building warehousing complex
    111 26 KAO CORPORATION, a Japanese toiletries and detergents manufacturing giant. is investing Ss2o million in training and warehousing premises in Singapore. Construction of a fourstorey complex at a site off Alexandra Road got under way yesterday with a ground-breaking ceremony. The complex will house a regional training
    111 words
  • Article
    Lock icon US to sound out idea of Free Trade Areas with Pacific Rim
    423 26 Bernama THE US, concerned over the slow progress of the Multilateral Trade Negotiations under the General Agreement on Tariffs and Trade (Gatt) and the probable emergence of a more protectionist European Community after 1992, will sound out the
    Bernama  -  423 words
  • Article
    Lock icon Zhao praises TV documentary
    221 26 AFP CHINESE Communist Party General-Secretary Zhao Ziyang has praised a controversial television documentary and recommended it to Singapore Prime Minister Lee Kuan Yew, according to press reports in Hongkong yesterday. The Hongkong Standard, quoting Mr Bao Zhunxin, one of the advisers to the film Heshang (Sorrow
    AFP  -  221 words
  • Article
    Lock icon Bid to boost Aussie Labour Party
    237 26 Reuter AUSTRALIA'S Labour government yesterday formed a ministerial committee to boost Labour's waning popularity and work for victory in the next election. Prime Minister Bob Hawke, facing an electoral backlash after five years in power, set up the committee at a specially convened meeting
    Reuter  -  237 words
  • Article
    Lock icon Suharto defends two recent executions
    240 26 AFP PRESIDENT Suharto yesterday defended recent executions of two former guards of President Sukarno, saying that they had failed to show remorse for taking part in the 1965 Commu-nist-backed coup attempt. Visiting Dutch Prime Minister Ruud Lubbers raised the subject of the October 17 executions,
    AFP  -  240 words
  • Article
    Lock icon Comex gold
    104 26 Reuter COMEX gold futures yesterday hovered at unchanged in slow morning trade, with profit-taking inspired by last Friday's upturn on fresh Middle East tensions countered by support from a soft dollar Analysts said politically sensitive traders wound out of long positions in the absence of follow-through buying on
    Reuter  -  104 words
  • Article
    Lock icon China's new law threatens 30m jobs
    250 26 Reuter THIRTY-MILLION Chinese "workers" with nothing to do are threatened by a new bankruptcy law which came into effect yesterday. But diplomats were divided on whether the law, passed after years of bitter debate, would actually force some of China's 400,000 money-losing factories to
    Reuter  -  250 words
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      290 26 TE -yrn r Si. I9KI Margaux APPELLATION MARGAUX CONTOfiLf E Barton a Goestier «OOUCf OF FRANCE NCGOCIAWTS CL€VEU»SAUCHiTEAU DO DCMiZ S. A BLANQU€FO«T G«o*o€ «B*NCE > ivjn 7 love drinking Margaux with steak. Sometimes I even leave out the steak." Barton Guestier wines will make your meal even more enjoyable
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      0 26 )+{;:%/_*$\|:|~"-)<&|(_\${,.&{$
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      161 26 3 M N m m K HI i M i ii si gj 1 i m rfi •Tiß (•IlllJi mm m m m To: Singapore institute of Management P.O. Box 3040. Spore 9050 Tel: *****66 Tlx: SIM RS ***** Fax *****60 □1. DPI Creative A Rational Decision-Making Fee: SS 990
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  • SHIPPING TIMES
    • Article
      Biffex to hold seminars in HK and Japan
      116 27 THE Baltic International Freight Futures Exchange is to hold a series of seminars in Japan and Hongkong next month to promote the advantages of the market to Far Eastern shipowners and charterers. The seminars are to encourage Japanese and Hongkong Chinese participation
      116 words
    • Article
      PSA to take delivery of 17 new vessels
      344 27  -  By JEAN FOONG AS PART of its fleet replacement programme, the Port of Singapore Authority will take delivery of 17 fibre reinforced plastic launches (FRP) over the next 22 months. The new vessels will replace those exceeding 10 years old in keeping
      344 words
    • Article
      Eight HK firms participate in Tradelink
      239 27 EIGHT Hongkong companies have begun work on an international computer network linking the colony's freight carriers, banks and trading companies. These are China Resources, Hongkong Air and Cargo Terminals. Hongkong International Terminals. Maersk Line (HK). Modern Terminals. Swire Pacific, Standard Chartered Bank and the
      239 words
    • PORTSIDES
      • Article
        Lock icon Europe-FE groups to raise CAFs
        181 27 Reuter SHIPPING conferences covering the trade between Europe and the Far East said they are raising their currency adjustment factors (CAFs). The CAF from Singapore/West Malaysia is being increased to 27.50 from 23.50, effective Oct 30. From Europe (excluding the UK and Ireland) to India.
        Reuter  -  181 words
      • Article
        Lock icon Drop in Dar-es-Salaam box traffic
        172 27 Reuter CONTAINER movements in the port of Dar-es-Sa-laam decreased during the last two weeks due to the breakdown of two newly-installed Finnish cranes, shipping agents said. The time taken for ships to discharge doubled to three days and a queue of seven ships built up
        Reuter  -  172 words
      • Article
        Lock icon IMO adopts new safety rules
        100 27 Reuter THE International Maritime Organisation said a number of changes to regulations dealing with the safety of roll-on/roll-off passenger ferries have been adopted by its safety committee. The amendments were proposed following the Herald of Free Enterprise ferry disaster, in which 193 people died, and
        Reuter  -  100 words
    • Article, Illustration
      Evergreen reportedly looking for up to 22 ships
      406 28 IF REPORTS from Japan are correct. Evergreen is looking to build anything up to 22 vessels of around 4,000 TEU between 1991 and 1994. It seems only yesterday that Evergreen was involved in an unseemly little row with container industry analyst Richard
      406 words
    • Article
      Lock icon European navies clear mines in Gulf
      498 28 Reuter EUROPEAN NAVIES have started a final sweep for mines through the southern Gulf but naval experts said it would be a long time before the whole waterway was clear, even if Iran and Iraq cooperated. "Even if we were to be given the
      Reuter  -  498 words
    • Article
      INDEX TO ADVERTISERS
      796 28 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Adrich Shpg VII 1 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asian Ocean VI 1 Awards Shpg
      796 words
    • Article
      Lock icon 470 tourists forced to leave cruise ship in Indian Ocean
      255 28 Reuter ABOUT 470 European tourists were forced to abandon a luxury cruise in the Indian Ocean last week when their ship was impounded by a Kenyan court pending the settlement of a legal dispute. The 12,500 tonne Greek-registered liner Aegean
      Reuter  -  255 words
    • Article
      Lock icon Polish minister orders closure of Lenin yard
      356 29 UPI POLAND'S new Industry Minister has ordered the closure of the huge Lenin Shipyard, the birthplace of the now banned Solidarity Union, Solidarity sources said. The shipyard director would not directly confirm the order but when pressed, he said he will fight the
      UPI  -  356 words
    • Article
      Lock icon Aker sells stake in Kosmos
      99 29 Reuter NORWEGIAN engineering firm Aker A/S said it had sold its 20.9 per cent stake in shipowners Kosmos A/S to shipping firm Skaugengruppen for 409 million crowns, as part of a restructuring plan. "The sale is part of a financial restructuring which will boost Aker's
      Reuter  -  99 words
    • Article
      Lock icon US shipyards facing critical skill shortage
      350 29 Lloyd's List CRITICAL skill shortage has hit the US merchant shipbuilding sector, with some vacancies taking more than one and a half years to fill, says a new report. The Shipbuilders Council of America, which compiled the survey, says half its members are short
      Lloyd's List  -  350 words
    • Article
      Lock icon TANKER RATES
      203 29 AFP ALTHOUGH rates failed to maintain previous levels, the volume of enquiry in virtually all loading areas of the tanker market has been encouraging over the past week and with winter approaching, it is to be hoped that the present level of demand will continue, London brokers E
      AFP  -  203 words
    • Article
      LONDON FREIGHTS
      1146 34 THE FREIGHT market on Friday appeared quieter prior to the weekend with fresh Panamax chartering for grain out of the US slow to emerge, shipbrokers said. Market talk suggested the Istria had been chartered for 52,000 long tons from the US North Pacific to Japan at US$l3 basis
      1,146 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5234 34 AARHUS Ville da Jupiter CM O'Alrettement. Nov 1 Murik Rotterdam. Maersk Line Nov 3. La Seine. Triot. Nov 3 Ever General. Evergreen. Nov 4 Ming Progress. Yang Ming. Nov 5 Vilie de Vega. CM D'Atrettement. Nov 7 Jutiandia. ScanOutcht Nov 7 An
      5,234 words
    • Article
      SHIPS IN PORT
      1385 34 AT CONVENTIONAL WHARVES Iron Kettrel J7 01 11/2330 05 11/1200 Juprter Islond a 01 11/0900 01 11/2300 VmmI B«rt h Arrival Departure P0M0, Putpalo P Koliwoton J3 J2/3 01 11/1530 01 *****0 02 11/2300 oe 11/2300 KEPPEL WHARVES S Thoc Tmbor Sedco BP47I J9 M/S 01 11/0830
      1,385 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      799 27 TIMES STP Distributors J<k w. WW Dedicated to Quality Service jArowc immne agencies 200 Cantonment Road #12-03 Soutnpoint. Singapore 0201 Tel *****11 Tele. RS ***** Facsimile *****09 TERMINALS Tel *****18. *****19, *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS TH *****301 PESMA JAAOINE IMIPfIM AGENCIES (ON BHD PORT KELANG T* *****18
      799 words
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      Page 27 Advertisements Column 2
      70 27 OEMS IF REPORTS from Japan are correct, Evergreen is looking to build anything up to 22 vessels of around 4,000 TEU between 1991 and 1994. Pag* II POLAND'S new Industry Minister has ordered the closure of the huge Lenin Shipyard, the birthplace of the now banned Solidarity Union, Solidarity sources
      70 words
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      Page 27 Advertisements Column 3
      719 27 BALT-ORIENT LINE Baltic Shipping Co Regular Services from South East Asia to United Kingdom and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel; *****33 MAERSK LINE CONTAINERISED, COMPUTERISED AND THOROUGHLY-OR6ANISED II This week M ROTTEROAM Closing Time CV 2/11 2300 MRS CFS 2'll 1300 MRS To Europe—UK
      719 words
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      604 28 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT LA SEINE BENALDER KURAMA MARU BENAVON OSAKA BAY CONTAINER SERVICE FROM UK/CONTINENT BREMER HAVEN R DAM/ ANTWERP LE HAVRE VOY NO HAMBURG OSAKA BAY KAGA TOLAGA BAY HONG KONG EXPRESS CITY OF EDINBURGH CONV/SEMI-CONTAINER SERVICE TO MED EUROPE Singapore *****00 Bookings *****08 CFS *****48
      604 words
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      17 28 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 28 Advertisements Column 3
      429 28 I'll POLISH OCEAN LINES Agents Optorg Shipping Pte Ltd S.ngapore Tel *****44 P K;;m t JttTW: 2'3 Telei RS 217S5 Petalmg Jayi '5625S3 757*03 f|i rSMSl Penang *****5 RUHLARO t« 0 CDOTIWOHt t« E THAElHARR CEGIELSm EACO* SCRVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE o caomoHL im E THAEUMNR w H
      429 words
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      1163 29 SS The Straits Steamship Group P&O Containers CONTAINER SERVICE TO UK/CONTINENT; STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK LA SEINE K MAI. OCR KURAHA NARU KNAVON OSAKA BAY MSA TOLA6A «AT mow kong express Abo Accepting Cargo For: MMtMrf to Clo««h.f«r AjrtHM. Gattanturt.
      1,163 words
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      794 29 NOTICE ■IMPORTANT NOTICE Panamanian Registered Vessels The Ministry of Finance, State Department for Consular Affairs and Shipping, of the Republic of Panama under Resolution No. 601-081-CN, "Panamanian Register Vessels" Notice Law "2" of 1980, states:That any activity involving ships registered with the Merchant Navy of Panama such as ships registration,
      794 words
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      571 30 HXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINKS IRANIAN SERVICE Singapore Loading for IRAN ELHAM PJL 659 IN PORT BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL HK LOAD FOR KYOWA HIBISCUS V 33 3/11 VILA, NMA. LTK. SUVA. PAGO. APIA KYOWA VIOLET V 22 2/12 VILA.
      571 words
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      Page 30 Advertisements Column 2
      706 30 J^Sline inu r FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Member of the Ace Consortium ACt CONCORD in* ORIENTAL CHIEF WW TRANSWORID BRIOCE 45W NEPTUNE CRYSTAL «W CHINA CONTAINER WW HONGKONG CONTAINER 51* LtHaort F»tow« R djm H burg B hjytn 20.11 2MI 22/11 2411 25,11 27<11 2111 »'U
      706 words
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      Page 30 Advertisements Column 3
      265 30 FREIGHT LINKS EXPRESS PTE LTD DIRECT FCL LCL SERVICE TO JAKARTA ETA 4/11 11/11 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 4/11 AUSTRALIA/ NEW ZEALAND SYDNEY. MELBOURNE FREMANTLE Also accepting to Darwin AUCKLAND, WELLINGTON. LYTTLETON, DUNEDIN ft NAPIER EUROPE HAMBURG. ROTTERDAM. BARCELONA. FELIXSTOWE, LONDON, ANTWERP Also accepting to: Scandinavian ft European inland destination.
      265 words
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      Page 30 Advertisements Column 4
      1184 30 EVERGREEN Full Container Service Round The-Wortd East Bound (FE/CARIB/USEC/EURO/FE) SCP MKC KSC KLC PUS OS* TTO CHS EVER GENTRY 10/11 1«/11 ISfll 17(11 IWII 2*ll 27/11 EVER GATHER 11/11 22/11 23/11 2*ll 2701 2/12 SOEVER GOVERN 2»1 SfU «U 2/12 4/12 *12 12/12 EVER GARDEN 2/12 *12 702 *12 11/12
      1,184 words
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      706 31 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA HAI OUANG KOTA EAGLE MAJAPAHIT ACCEPTING MURORAN/HITACHI CARGO VIA HKG JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN 3/11 S/11 10/11 17/10 10/11 VESSEL HAI HUI KOTA EAGLE SEA HAWK SEA
      706 words
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      Page 31 Advertisements Column 2
      267 31 COS CO CHINA OCEAN SHIPPING COMPANY roc cowvpmoNAi ravici UK PCD P.KIg Ptnang Loading for HAN CHUAN 30/10 Rotterdam A VESSEL 21/11 Rotterdam/Antwerp MALATHA/CHIWA FULL COWTAPTO WKVICT Penang Pklg Spore Bkk Hkg S'hai Qingdao E CHENG 11 1/11 1/11 *11 14/11 Accepting FCt Cargo for all ottwr ChintM ports MALAYSIA/
      267 words
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      Page 31 Advertisements Column 3
      491 31 \rjT\ BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Ouu in Sail* Sa<i«d U-ml Honffcoof Eiprau S«M SIM City «f Uinkurfk SaiM Sj :«d L»'P by »1 »U Totyo lay 13/11 IMI London Ciprms mi 21,11 •mMr 2411 Ml TO/FROM PENANG AND TRANSHIPMENT CARGO EAST
      491 words
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      Page 31 Advertisements Column 4
      575 31 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDEBA INDOHESIA P.T. TOIKORA LLOYD SEMI CONTAINERSNIP SERVICES N SINGAPORE TO EUROPE VSL/VOY MATARAM/22W8 IJ. BONTANG 16WB SRIWIJAYA2SWB S PORE 16-19 11 14-17/12 27-30 12 ANTWERP H BURG/ ROAM ADAM BREMEN IS/12 20/12 11/1 21/1 23/1 26/1
      575 words
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      Page 31 Advertisements Column 5
      363 31 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR shipping corporation (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok PAGAN VICW nfx Oct MYOMA YWA VII2W XI Oct/2 No* PA-AN VI29W jft Nov BANK LINE i SEMI-CONTAINER SfRVICF SPORE ROAM HULL HMBC 19/11 11/12 25/12 22/12 9/12 5/1 13/1 9/1 27/12
      363 words
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      788 32 K'link KAWASAKI KISEN KAISHA. LTD. NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP N. AMERICA-ATLANTIC COAST VOY *INDO 17 31/10 •PK/PNG 1/U 8/11 15/11 22/11 NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP N. AMERICA PACIFIC SOUTH-WEST EUROPE (Member of ACE) ORIENTAL CHIEF YAMASHIN MARU TRANSWORLD BRIDGE NEPTUNE RUBY LE
      788 words
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      Page 32 Advertisements Column 2
      310 32 f.in! M Jmrd JARDINE SHIPPING AGENCIES 200 CANTONMENT ROAD #12-05 SOUTI Tel: *****11 TELEX NO RS 2*179 TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 *****4/ OOK) SINGAPORE 02® □OniGIUAMA LIME SPORE PKELANC PINANC INCHON BUSAN MALAYSIA GLORY VIO3 4 Nov S Nov i Nov It Nov U*» SINGAPORE
      310 words
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      Page 32 Advertisements Column 3
      659 32 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCI Container* kalioas »b TULSIOAS V 31 KALIDAS V 40 TULSIDAS *35 KALIDAS V II Singapore Motlwf Vsl 1 Nov 19 Nov 29 Dcc 17 Jan 24 Feb P Kelang Penang Loading tor. By Feeder By 'teder F'em kMt Sfdn Mel U Nov 27 Dec
      659 words
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      Page 32 Advertisements Column 4
      630 32 GOLDEN LINE GUAN GUAN SHTfMG (PTE) LID O, T«to» Aytf Strwt SIKCAPORE 0104 TEL UUM (10 LINES) Fu SMSO4 STRAITS/PERSIAN GULF SERVICE: QOLOCN IWMOCR Colombo Karachi Duba> GOLDEN HAVEN Cotomba Kjfactii Dubai Otmrnan CHINA SERVICE A VESSEL Huanfpu Shanghai Spore PK 1/10 Nov 23/24 Nov CHINA OCEAN SHIPPING CO., PEKING
      630 words
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      Page 32 Advertisements Column 5
      343 32 jnirriwii MMfcS, Tuesday, November 1, 1988 PHIU-Oni€NT LIN€S PT€ LTD ME AO OFFICE (3 ROIINSON ROAO .07 12 AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FA* *****76 EAST/MB EAST FCL ft LCI SBtVltt ETA SINGAPORE DESTINATION DUBAI DAMMAN KUWAIT. DOHA MUSCAT. BAHRAIN ABU DHABI t SHARJAH JEDDAH (LCL)
      343 words
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      795 33 NEPTUNE AGENCIES PTE LTD FE EU AUST TP* SEA NEPTUNE ORIENT LINES LTD General Enquiries Tel: *****77 Terminal CFS BOOKINGS *****22 *****53 NEPLINE SON BHD 368M87 NEPLINE SON BHD *****33 NEPLINE SDN BHD. UOO3S/vnu/U7ftl/t27U! NEPLINE SDN BHD *****0/*****1 *****53 27*5742 *****1) *****11 27*111 *****40 INWARD OUTWARD ENQUIRIES *****44 FMEMT/EUROPE FULLY
      795 words
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      Page 33 Advertisements Column 2
      486 33 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: KELANG. PENANG. KEELUNG, BUSAN. INCHON 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE !t SERVICE!! Vessel's Nam* ETD BS S PO*E PKLC KEi BUSAN MO JI ♦MO DONMVNM lft/10 IN POUT 31-01/11 «OS 11 15-11/11 20/11 NO I DONAM/KRN 01/11
      486 words
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      Page 33 Advertisements Column 3
      532 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 A(Wress SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** rtNANG p (friAMC MESSRS HAI THONG SMIPPINC 127 Penang Street, Penanj. Malaysia M S HANDLING SYSTEM CO SON
      532 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      289 34 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LIMES VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE —VIA LARNACA: ACCEPTING CARGO FOR lIMASSOC BEIRUT. LATTAKIA.
      289 words
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      Page 34 Advertisements Column 2
      82 34 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. SOVEREIGN ACCORD Vlf ETA SIN 7/H/SS I KAOHSIUNG 4 DAYS SPORE KEELUNG TOKYO SHIMIZU NAGOYA KOBE 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE AGENCIES (S) PTE LTD
      82 words
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      714 35 tA Pfargo shipping Tel: 824 OISS DESTINATION BANGKOK PORT KELANG, PENANG (FCL) KEELUNG. KAOHSIUNC JAKARTA (FCL) TOKYO, KOBE. BUSAN (FCL) KARACHI. BOMBAY. COLOMBO (FCL) ETA SINGAPORE JARU BHUM 14N PIYA BHUM V IS3N SIRI BHUM 388N BUNGA BUTANG 494 KITI BHUM 225N 12/11. 14/11, 22/11 2/11. 7/11. 14/11 16/11. 21/11
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      Page 35 Advertisements Column 2
      340 35 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fai: *****61 Tlx ***** CSPFRT I CI FIXED CONSOLIDATION TO:MARSEILLES/GENOA KEELUNG/MANILA T-m n fii st TOKYO/KOBE/OSAKA to USA (ALL PORTS) to Auckland to Antwerp to Copenhagen to Fremantle to Busan to Chittagong to China (All Ports) to Bombay to Manila/Cebu to
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      Page 35 Advertisements Column 3
      809 35 < CFS > CRYSTAL FREIGHT SERVICES CRYSTAL WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 10/11/88 v AUSTRALIA > MELBOURNE/SYDNEY 5/11/88 FAR EAST fA BUSAN 4/11 BANGKOK 1/11 HONG KONG 4/11 KEE/KAOH 7/11 CALL BOOKING HOTLINE FOR BEST RATES 2 2 3 3 12 2 TEL: *****88 TELEX ***** CFSJN FAX: *****88
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      Page 35 Advertisements Column 4
      207 35 Tatsumi Marine WRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo OROBA Y. MADANG. KIETA. WEWAK KIMBE. RABUAL via LAE) S'PORE: NEPTUNE AGENCIES PTE. LTD Ttl: *****77, *****34, *****71 19. OFFICE: TM MUHNE SERVICES PTE. LTD. (THMK) TEL: SM2
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      Page 35 Advertisements Column 5
      314 35 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 IRAQI LINE IRAQ' S'i'l (NTfRMIJf »0» WEST BOUND SERVICE ETA S PORE LOADING FOR MV ALKINDI 7/11 Aqaba. Baghdad THROUGH B/L* to I ACM DA 0 UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE
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      Page 36 Advertisements Column 1
      357 36 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** I \S| I K\ \R I I\l K. I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE KK
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      Page 36 Advertisements Column 2
      336 36 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-COtfTAtCR SERVICE TO NORTHBOUND TO UKC CLYDEBANK V24N TAMA IT Al SAMOA VI4N FORTHBANK V23N RDM/A DAM HBG HULL (U.K.) 11/12 22/12 25/12 5/1 9/1 13/1 25/1 29/1 1/2 'Alio Acctptinf FCL to Antw«rp/Bramn/fe4iutmM/S«ithainptan/Mfatt/GottMnburg ;-:ll M J.U'.M' A'.l' 1 K i
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      Page 36 Advertisements Column 3
      158 36 te.P.T. MASKAPAI PELAYAR PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 f w' 4.i t I >: i l
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      Page 36 Advertisements Column 4
      618 36 V jhfj CALL US AT: P KELANG PENANG J BAHRU P GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4. *****3 07-*****8 07-*****3. *****5, *****0. *****1 02-*****22 <42K» wimm WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER 18Z2131 OTMEJ DtSTINAHOWS AARHUS. AMSTERDAM ANTWERP. BASLE BREMEN BREMERHAVEN. COPENHAGEN. HELSINKI. MALMO. OSLO. STOCWWtMMJK FROM EUROPE
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