The Business Times, 17 November 1988

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 THURSDAY, NOVEMBER 17, 1988 75 CENTS
    11 words
  • 249 1 AFP Dow down THE US stock market was generally lower but trading was slow and the blue chips showed small losses. US bond prices fell at first on news of a September US trade gap in line with forecasts. The Dow 30 was off about three points
    AFP  -  249 words
  • 504 1  -  By ANNA TEO THE GOVERNMENT is tightening its controls on the inflow of foreign workers, who have filled more than half of the manufacturing jobs created this year. Besides having to pay a higher levy for each foreign worker, employers will only be
    504 words
  • 173 1 THE US trade deficit shrank by nearly US$2 billion to US$lO.5 billion in September as exports hit a record high. The 15 per cent improvement from an August deficit revised upward to US$l2.3 billion was accompanied by a slight decline in imports
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  • 114 1 THE AUSTRALIAN dollar yesterday fell sharply against the US currency following news of a higher-than-expected current account deficit of A 51.69 billion in October. In Sydney, the Aussie dollar opened at 85.35 US cents, but dipped to a low of around 84.50 cents. It recovered
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  • 451 1  -  Growth next year projected at 7pc By CHUANG PECK MING THE ECONOMY expanded by 11.8 per cent in the third quarter, suggesting that growth for 1988 will be more than 10 per cent the first double-digit expansion in a decade. But a slowdown is
    451 words
  • 214 1 Reuter AFP PRESIDENT-ELECT George Bush said he planned to retain Treasury Secretary Nicholas Brady in the same job in his new Cabinet. Mr Bush, speaking to reporters at the vice-presidential mansion in Washington on Tuesday, praised Mr Brady's knowledge of financial markets at
    Reuter; AFP  -  214 words
  • 414 1 AFP UPI A SENIOR AMERICAN defence department official has said that the economic ascendancy of Asia's economic powers had enhanced US defences and strategic interests during the post World War II era. William Taft, Deputy Secretary of Defence, told a conference
    AFP; UPI  -  414 words
  • 141 1 Reuter CHINA WOULD allow Taiwan to remain capitalist and largely autonomous if it agreed to reunite with the Communist mainland, Chinese Deputy Premier Yao Yilin said in a magazine interview published in Bonn on Tuesday. The West German weekly magazine Stern quoted
    Reuter  -  141 words
  • 222 1 EMPLOYERS' Central Provident Fund contribution will be raised by 4 points while that of workers cut by 2 points in July next year. The changes, to be made barring unexpected circumstances, mean the CPF rates will be 16 per cent
    222 words
  • Page 1 Advertisements
    • 109 1 Lm TIENGOUKTif SICHUAN CUISINE A# King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 r Great Pacific Finance can help your small or medium-sized business grow. We're the Small Industries Finance Scheme (SIFS) specialists and we offer fast, efficient advice on all kinds of expansion plans. To turn your ideas
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    • 214 1 Editorial Comment: 12 A path through the forest One Man's View 12 College of hard knocks Canada Free trade stealing election show PLO New Palestinian state gets mixed response OECD Efforts to reduce US-Japan trade gap Peace 4 Angola, Cuba, S Africa draft accord Books 15 Kafka manuscript expected to
      214 words
    • 244 1 TOTAL TRANSPORTATION SERVICES E te1:265-3833 CROWN PACIFIC Flying SinGAPORE AIRLinES SINGAPORE AIRLINES has. for the second year running, walked away with the top prize for producing the best annual report. SIA, whose annual report has consistently been well received since it was eligible for the competition in 1986 after its
      244 words

  • HOME NEWS
    • 314 2  -  Trade promotion in northern India to be intensified By WILLIAM CHIA THE TRADE Development Board is setting up a New Delhi office to intensify trade promotion in northern India. This was disclosed here yesterday by Mr Mah Bow Tan, Minister of State
      314 words
    • 232 2 MUSLIMS and non-Muslims in Singapore must work hard to understand each other and be clear as to what constitutes the "mainstream" of Singapore society, said Berita Harian editor Zainul Abidin Rasheed yesterday. Speaking to members of the Islamic Fellowship Association, he
      232 words
    • 365 2 A SINGAPORE company will start construction of a US$l5 million resort hotel near New Delhi in March next year. Mr Prem Sachdev, managing director of L M Suvir Brothers Trading Re Ltd, said the hotel is expected to start operating in February
      365 words
    • 130 2 SINGAPORE and Hongkong will enjoy greater telecommunication links with the introduction of a $200 million optical fibre submarine cable system. The cable will span some 3,200 kilometres and will have 4,000 telephone channels The interim agreement was signed Mr Wong Hung Khim, Telecom's
      130 words
    • 249 2 SINGAPORE BUS SERVICE will reward its workers this year with a 4 per cent service increment for their part in the company's good performance over the last two years. The top 50 per cent of workers will receive an additional bonus of one week
      249 words
    • 81 2 A SECOND emergency transportation exercise will be carried out between Nov 22 and Dec 3 to test a system for distribution of fuel to bulk users. The exercise will involve the Singapore Bus Service, the Trans-Island Bus Services, the Public Works Department and the Housing and Development Board.
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    • 255 2  -  By TAN KEE WEE CHINA NATIONAL Machinery Import and Export Corporation (CMC), a Chinese state-owned trading company with an estimated turnover of US$3 billion in 1988, will open a representative office in Singapore tomorrow. CMC was established in 1950 to export and import electrical
      255 words
    • 312 2 CONSTRUCTION industry professionals must strive to develop "intelligent buildings" that meet the needs of businesses reliant on their global linkages, said Dr Cham Tao Soon, the chairman of the Construction Industry Development Board (CIDB). Speaking at a CIDB Intelligent Building Seminar at
      312 words
    • 165 2 THE Ministry of Education will hold a series of forums to get views from a cross-section of Singaporeans on the teaching of core Asian values to children. To be organised by the Feedback Unit later this month, the two public
      165 words
  • Page 2 Advertisements

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  • ASIA – PACIFIC
    • 206 3 Reuter AFGHANISTAN has asked the United Nations Security Council to call a halt to what it described as interference and aggression by Pakistan in its internal affairs. In a letter to the president of the Council on Tuesday, Afghan Foreign Minister Abdul Wakil said
      Reuter  -  206 words
    • 252 3 AFP A SPECIAL COURT in Karachi issued a non-bailable warrant of arrest tor Murtaza Bhutto brother of Pakistan's main opposition leader, Benazir Bhutto on the eve of the country's general elections. The warrant was issued on Tuesday for Mr Bhutto's alleged involvement in the hijacking of
      AFP  -  252 words
    • 107 3 Reuter THE OXFORD University Press is sending a set of its dictionaries to President Corazon Aquino of the Philippines to reassure her that they do not define Filipinas as maids. Mrs Aquino said last week that she would protest to the British publisher
      Reuter  -  107 words
    • 441 3 Reuter PALESTINIANS throughout the Arab world sang, danced and wept for joy at Tuesday's proclamation in Algiers of their own "peace-loving" state, but Israel denounced the declaration as a terrorist trick. Israeli Prime Minister Yitzhak Shamir said his country now faced a diplomatic war
      Reuter  -  441 words
    • 380 3  -  By PAUL GOPAL CANADA is embarking on a drive to attract Asian investments because it sees that as a logical step in its growing trade with Asia. Canadian economist Edward Neufeld sees this as an inevitable development because exporters would want
      380 words
    • 128 3 AFP A BRITISH defence delegation arrived in Kathmandu on Tuesday to study the economic impact of diminishing the role of the elite Nepalese Gurkha soldiers in the British army, National Panchayat sources said. The British government is considering cutting by half the 8,500-strong
      AFP  -  128 words
  • Page 3 Advertisements
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      143 words
    • 36 3 See PAGE 13 tfSSI ir j j < i j i ORFtVRES A PARIS S. T. Dupont Distribution Pte Ltd 400 Orchard Road, #24-07 Orchard Towers, Singapore 0923- Tel: *****22 (8 lines) Tlx: ***** DTRDG Fax: *****33
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  • REST OF THE WORLD
    • 416 4 Reuter ANGOLA, CUBA and South Africa have agreed on a timetable for the withdrawal of an estimated 52.000 Cuban troops from Angola and the linked issue of independence of neighbouring Namibia after seven decades of white South African rule. Officials in Geneva on
      Reuter  -  416 words
    • 224 4 Reuter THE DIRECTOR of the US Star Wars programme was impressed with the maiden flight of the Soviet space shuttle on Tuesday but said it showed Moscow's ability to quickly mount an antimissile defence in space. "You have to congratulate the Soviets
      Reuter  -  224 words
    • 253 4 Reuter THE UNITED STATES has promised to pay USS2S million of its arrears to the financially troubled UN Food and Agriculture Organisation (FAO). The funds are part of US$lO7 million which Washington, the biggest donor and a critic of FAO's
      Reuter  -  253 words
    • 328 4 AFP SENIOR OFFICIALS of the Organisation for Economic Cooperation and Development (OECD) warned against delaying efforts to reduce the huge trade imbalances between the United States and surplus countries such as Japan. At the end of a two-day meeting of the
      AFP  -  328 words
    • 134 4 Reuter KREMLIN LEADER Mikhail Gorbachev will aim to promote quick moves towards new East-West arms cuts in meetings with senior Western leaders over the coming month. Soviet sources said on Tuesday that Soviet disarmament proposals would be high on the agenda for scheduled talks with
      Reuter  -  134 words
    • 205 4 Reuter LEADERS OF a new Popular Front in Soviet Estonia will go ahead with a drive for more autonomy from Moscow, despite a Kremlin envoy's warnings against extremism. On the eve of a crucial vote in the republic's parliament, which could go against Kremlin plans to
      Reuter  -  205 words
  • Page 4 Advertisements
    • 68 4 SEEGER BLACK GARMENT BAG STYLISHLY HANDMADE WITH SOFT NAPA LAMBSKIN A MONTBLANC MASTERPIECE. PART OF THE MEISTERSTUCK COLLECTION IN CLASSIC BLACK IF YOU HAVEN'T MADE IT TO THE OFFENBACH, YOU HAVEN'T MADE IT. OFFENBACH PARAGON. 290 ORCHARD ROAD #01 10/12 FROM IOSM TO 10PM LUCKY PIAZA. 304 ORCHARD ROAD #01-36
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  • Page 4 Miscellaneous
    • 61 4 Doonesbury m m APPARENTLY, MLV&rSGOT SOMETHING OF A FiJZTf IMAGE IN THE MARKET... MAIDEN COLLEGE... UMPOE& THAT RING A BELL m. o.' am 1 m. m Yii k BY GARRY TRUDEAU BECAUSE YOU WENT THERE! iOWR3 A GRADUATE' OH, SURE RJGHT, I m i >• 11 SEE. THIS IS EXACTLY
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    • 46 4 M Singapore OUTLOOK: ftliowm oMr many aran In «w Report for 24 to 7.30pm an Now DoM Now York Rto 'ionoiro Romo San Frb'co San iwan SanMogo Sao Pauto Seoul f li. i JwOulOwTi Sydnoy Taipoi Tokyo Toronto Vancouver Vienna Wafiow \Af n All i woffmyron
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  • Page 5 Advertisements
    • 371 5 Investment: May '88. Same Investment: May '89? IT GIVES A WHOLE NEW MEANING TO 'DOUBLE DUTCH'. If you had to make a list of the world's great gambling nations, it's a fair bet that we Dutch would not be on it. Let's be honest our image is a bit on
      371 words

  • MONEY AND EXCHANGES
    • 68 6 Bernama THE CHEQUE monitoring bureau set up by Bank Negara recently managed to reduce the number of bounced cheques in Malaysia. Deputy Finance Minister Senator Farid Arittin said. An average of 487 cheques were detected daily between the middle of August and at the end of September
      Bernama  -  68 words
    • 66 6 THE OVERNIGHT rate on the Singapore money market rose 2-3/4 points to close higher at 3-3/4 per cent yesterday. One-month was down 1/8, two-months rose 3/8 point, and three-months fell 1/8 point. S$ Interbank rates at the close yesterday: OFFtt MO Ov«rmato 3 3/4 3 1/2 lHw>nih 4
      66 words
    • 286 6 ASIAN DOLLAR deposit rates ended slightly firmer after a day of moderate trading yesterday. News of a higher-than-expected 0.9 per cent increase in US October retail sales and stronger US Federal funds underpinned rates. The overnight and week-fixed rates closed at a common 8-5/8 8-1/2 per cent,
      286 words
    • 104 6 Treasury bills Period Issue Yesterday's doting Day's code Maturity WD OfFtR HIGH LOW 3 months BQ*****F 16.02.89 3.60 3.55 3.85 3.30 6 months BY*****Z 23.03.89 3.62 3-57 3.73 3.43 1 year BY*****S 20.07.89 4.20 4.15 4.25 4.10 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
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    • 186 6 Indicates tha avaraga at tha prim* landing rates of 12 ma|or banks In B'por* Interbank market rates (offer/bid) on Nov 16 us$ DM SWFC Y»o 7 day* 5/8 1/2 11 7/16 5/16 4 11/16 9/16 4 7/8 3/4 3 15/16 13/16 1 m* S/8 1/2 11 15/16—
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    • 169 6 Gold futures on Nov 15,1968 100 troy ouch; USS par toy oin C8 Opan M* Urn Mfc No* 425.70 425.70 425.70 ***** 0.50 Ok 425.10 428 20 424*40 ***** 0-40 ion 89 428.10 0.40 Fob 429 50 433.30 429.30 430 30 040 Apr 435.90 438.20 435.00 *****
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    • 250 6 On Tuesday, most IMM foreign currency futures ended a lightly traded afternoon higher. Japanese yen held the largest gains of the major foreign currency contracts after dropping to lows earlier when US October retail sales and industrial production data suggested strong economic growth and possible interest rate hikes. The
      250 words
    • 1453 6 CURRENCY FUTURES OPTIONS Wednesday, Nov 16, 1988 DEUTSCHE MARK (SNSEX) Dm Mgll MM Lm Sa* Dm MM* MpuM Law Saa sa 53 54 ss s* 57 55 59 60 *1 63 44 10 350a 254A I65A 94A 44 20A 10 345 249 161 90 44 IS 10 3 S
      1,453 words
  • Page 6 Advertisements
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    • 9 6 Keep your investment decisions on target HPora BY SATURDAY
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  • BANKING AND FINANCE
    • 1408 7 HongkongBank SINGAPORE: LETHARGIC trading in preparation for last night s US September trade data saw the US dollar traded in the day's tight range of DM 1.7442 1.7483, yen 123.45 123.60, Sterling 1.8053 1.8088, and S$ 1.9500 1.9535. Some position squaring in the early session brought the US
      HongkongBank  -  1,408 words
    • 224 7 Interbank rates at 3pm yesterday: Local dollars to c MO omH arm pari* tn« unit of foroign ourroncyi US doMor 1.9510 1.9520 ***** ■30 J1 jTfrimy poxxj 3.5244 3.5282 7.3469 -52.03 Australian dollar 1.6534 1.6562 3.4286 -51.78 NZ doHor 1.2476 1.2502 3.4286 -63.61 Canadian dollar 1-5836 1.5857 3.4206
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    • 306 7 HONGKONG: Gold closed slightly lower in moderate trading on renewed selling in the last session yesterday. Bullion ended at U*****.50/423.00 an ounce against an initial 423.60/424.10 and New York's 423.50/424.00 close On the local market, gold ended unchanged at HK53,941 a tael. Coins were unchanged to slightly higher.
      306 words
    • 519 7 BA Futures MARCH EURODOLLAR futures opened six ticks lower on Simex yesterday than the previous close at 91.05 following a weaker US currency and stronger than expected retail sales of 0.9 per cent. After edging to the high of 91.06, the March contract quickly slipped to the low of
      BA Futures  -  519 words
    • 119 7 Reuter TAIWAN will face continued pressure from the US to revalue its currency unless there is a fail in the island s trade surplus with the US. central bank governor Chang ChiCheng said. "We don't know about the bottom-line value of our currency
      Reuter  -  119 words
  • Page 7 Advertisements
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      130 words
    • 73 7 The finest French restaurant in town celebrates! Louis Outhier Festival 13 19 NOVEMBER 1988 The celebrated 'chef extraordinaire' is here to present the finest of culinary creations and introduce Patrick Lannes, new chef of le Restaurant de France II I Chrf l<ou*s Oulhirr Orfhinck I Jl»tl To meet the masterchefs
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  • Page 8 Advertisements
    • 49 8 ■i :ii '< >-: ;,;^v v-> »V mm *>~ '""•A- >* f IK gp -fir j*y T 1 1 1 £^Xa^ißiaEnfe«4fl^ .*V >*■i CZJZ?* mnw WW >&*» <& ,SL» ifr jj;rr- j *T c *;**ir *781 ij-'**lTri T3tr*& POS ■rjfafr&m .t UPS, Our People Don't Just Take Your International Parcels.
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  • Page 9 Advertisements
    • 302 9 s "V Ml m mmm r> v» A'" v <-~.. i «£*P& ..a *-V i SB* &4v« 2 w u J -V ■s m > 3 L.< «.>>' ff 1 1 Jgfe.. -r. *1 V. a 3 *lip f (M 'i- <<• |C* > Pit* Eb* mm *>* IPfefll *><.
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  • COMMODITIES
    • 158 10 Source: Telerate PRICES for December CSTIBO fuel oil stayed relatively flat in the Singapore market while prompt CSTIBO, on the other hand, continued to firm. The buy sell range for December CSTIBO is now US$62-65 per tonne (fob/cif Sing). More AG barrels are seen heading East
      Source: Telerate  -  158 words
    • 193 10 THE tin price fall all centa to doee at MSIO.BI a kg In brief and thin trading fUinte a lower tuoolv of metal on the KLTM yeaterday. Turnover dropped to 7$ tonnes from 18$ on Tueeday aa moat miners had dlapoeed subetantiatly over tha laat two days. No
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    • 257 10 SINGAPORE: Rubber prices roae in the early afternoon following slightly higher Japaneae rubber markets, but drifted a little lower towarda the cloae on light liquidation yeaterday. Trading remained thin. December RSS 1 buyer was quoted at 186.50 centa a kg. On the TSR-20 Award market, prlcea recovered slightly from
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    • 293 10 RAS prices In ctnta/kg, FOB In bat* B NOON CLOSE Bvyon S#Mori Bvyort S#N#ft Int 1 RSS Prompt 183.50 184 JON 185.00 186.00N bit 1 RSS DM 88 185.00 186.00N 186.50 187 JON Int 1 RSS Jon 187 JO 188 JON 189.00 190.00N Int 2 RSS OP
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    • 85 10 (canft/kg) DECEMBER 1988 JANUARY 1988 (currant month) (forward month) RAS NOON NOON •uyan S*H*n 8vy«rt S«M«rs SSt 20 177 JO 179.50N 177.50 179JON SS» 50 175 JO 177.50N 175.50 177.50N MRELB 8uy»n S*ll«r« lvy«n S#4l#rt SMI CV ***** 294.00N 294.00 296.00N SMt I 285.00 287.00N 287 00
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    • 464 10 MALAYSIAN CRUDE PALM OIL FUTURES closed slightly higher in moderately active trading on the KLCE yesterday. Dealers attributed the slightly steadier sentiment to India's continued purchase of processed palm oil. The Indian State Trading Corporation was reported to have bought another 6,000 tonnes ot Malaysian neutralised palm oil
      464 words
    • 115 10 SOYBEAN futures tumbled late on heavy speculative selling on the Chicago Board of Trade on Tuesday. Prices settled 15-1/2 to four cents lower with January off 13-1/2 cents at U557.56. Soymeal futures ended off US$5 50 to 0.50 with January off 4.90 at U*****.00 a ton. Soyoil
      115 words
    • 237 10 ChlntM Produce Exchange Bangkok Poring price* on No 16 S#U#rs' noon dosing priots on (USS/toraw, FOt) Nov 16 (S$/100 kg) White Rice Coconut oil 114.00 100% 1*1 dan 355 It* FOt 100% ted dot* 315 OW drum FOt 124.00 100% 3rd da** 310 Now drum FOt Copra 128.00
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    • 305 10 London Commodity Exchange High/Low Mor Kgh/Low Soiot Row 243.6/243.6 231.4/231.6 236.4/231.0 (2009) ftuyor/SoNof doting priest on Nov 15, (£/tomo unlets tpodflod). No 6 OF No 6 FOB WMto No 5 272.20 (266.00) 240.20 (233.00) 278.00 (274.00) Proviout doting pricot in poronlhotit. CoftM Both In-ilor* London, toliort option OF
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  • Page 10 Advertisements
    • 111 10 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
      111 words
    • 4 10 Precious M«tals, PAGE 7
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    • 174 10 The Amazing Garment Hidden pocket for personal items. (Patent pending) Locking hanger fixtures lock any hanger in place. (Patent pending) Crisscross packing, bar holds clothing in place on hanger. (Patent pending) Two retainer straps hold longer garments m place. (Patent pending) Hidden pocket to. hold ties and other small items.
      174 words

  • ADVERTISING & MARKETING
    • 371 11  -  By SUZANNE SOH ABOUT TWO MILLION American travellers visited East Asia last year, an increase of 9 per cent over 1986. James S Berrien, publisher of Travel Leisure (T&L) magazine said American travel to the region is increasing. By 1992, TRAM (T&L's Travel Analysis Model)
      371 words
    • 348 11 "EVERYBODY SEEMS to want to jump into the fashion business these days. It's like an ego trip. But what it boils down to is making money. And we're making money." Diethlem Singapore has carried the Ermenegildo Zegna ready-to-wear line here for four years. Despite
      348 words
    • 299 11 SKIN IS IN. at $15,000 a shot. In response to a bright retail climate, another designer hand-bag label has entered the market with its range of exotic skin bags. Carlo Falchi of New York, the Brazil-ian-born designer whose startling reptile skin bags are carried by
      299 words
    • 398 11 PERSONAL INCOMES continue to rise in Singapore and Singaporeans are spending more. Households are also enjoying high personal income in real terms as retail prices of consumer goods have remained stable. Income tax rebates have also helped. At a recent Media Index Presentation by
      398 words
  • Page 11 Advertisements
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      65 words
    • 199 11 m i <«- Az K TktSt r_ marcoPoio 1« Pr ca r <v i THE NEW MARCO POLO BUSINESS CLASS BUILT TO HELP THE CORPORATE BODY ARRIVE IN BETTER SHAPE It was a hot, humid morning on July 10th, 1988, when Mr Hiromichi Shimizu, general manager of JDC Corporation, walked
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  • PERSPECTIVE
    • 514 12 THERE is an essential difference between the foreign policy of a great power and that of a small state: the former is about influence; the latter has to do with survival. The point was emphasised with particular astringency by Mr Wong Kang Seng in his
      514 words
    • 823 12  -  China is taking another hesitant step down the road of Western-style capitalism. It is accumulating overseas assets and investments, reports PETER ELLINQSEN. PETER ELLINGSEN FT WHILE the rest of the world, led by cash-rich Japan, queues for a stake in China's booming economy, Beijing has been
      FT  -  823 words
    • 999 12  -  KEY TO THE FUTURE EffNlWgH',gV,iijß] By SEAH CHIANG NEE IN RECENT conversations with some parents, I have detected a little concern about Singapore's plan to move towards a highlyskilled future and a sophisticated regional, possibly even global, role. Aiming to achieve the status of a developed
      999 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 23 12 Bristol ftaaidlictetf HOIO D\D NOu GGX Tv4»s JOB 9 > MOU) D)D UfSND THIS LOUSy Rcnr£N, reo ioos e>oßirJG>, -ruo -BIT, fi>P*CK BReAKihJG, GOD
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  • FOCUS
    • 1617 13  -  On Monday, Canadians go to the polls, which are being seen as one of the most crucial in the country's history. PAUL GOPAL of the Foreign Desk, who was in Canada recently, analyses the main issue involved the US-Canada free trade pact. The
      1,617 words
    • 552 13 THOUGH the US-Canada Free Trade Agreement stole the show in the election campaigning, only the ruling Progressive Conservatives devoted some serious time to issues of foreign relations and trade with the Asia-Pacific region. External Affairs Minister Joe Clark was one of the main
      552 words
  • Page 13 Advertisements
    • 163 13 Today we are all involved in a race to stay competitive. And very often the company that reaches the finish line first is the one with the information system that really delivers results. ir r C*l mJJI m We believe the way to help you get results is to provide
      163 words

  • LEISURE
    • 324 14 ART AP A CHANCE REMARK at a Parisian dinner party two years ago led to the discovery of a longlost collection of rare Islamic art that will go on public display on Sunday in Washington, DC. The collection assembled by Henri Vever, a turn-of-the-centu-ry jeweller
      AP  -  324 words
    • 595 14 TRAVEL IHT MAJOR Tonie Holt and his wife, Valmai (a Welsh name), might be any prosperous south of England couple. But if they are models of modern entrepreneurial England, their enterprise is unique: they are the creators of Major and Mrs Holt's Battlefield
      IHT  -  595 words
    • 368 15 BOOKS AFP THE MANUSCRIPT of Franz Kafka's novel The Trial, considered a milestone in 20th century literature, goes under the hammer in London tomorrow. The 316-page manuscript, the last by the Czechoslovakian author still in private hands, has been valued at £1
      AFP  -  368 words
    • 600 15 FOOD NYT WHEN PERSEPHONE, the queen of the underworld and goddess of fertility in Greek mythology, ate some pomegranate seeds, the earth was cursed with winter half of every year. With its crimson seeds sparkling like so many rubies, the pomegranate is still tantalising. Cut open
      NYT  -  600 words
  • Page 14 Advertisements
    • 665 14 COURYOISIERXO -WHERE TO ENTERTAIN Great dining in the Streets > j *TXJC. mitwnmintMHmii'VHirt i.rimi tjmnunn at Plaza Hog^ Bead) Road Smgaporf 0719 TH *****11 Merlion Food Fair Buffet Lunch Nov 12 -30 $11.50 (Adult) $6.50 (Child) Friday Fashion Fare 1.15 pm Nov 18 &25 Models: St Louis Model Agency Lucky
      665 words
    • 336 14 A Splendide! Over 60 gorgeous French dishes to feast on. The Belvedere is alive with French flavours this November Do it the French Way. Be sure to go through our delicious hors d'oeuvre selection. And for hot dishes, our chefs advise hot French Onion Soup to begin with. Then go
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  • Page 15 Advertisements
    • 191 15 <• <• <• I Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less. I There's no happier time to enjoy your favourite drinks and
      191 words
    • 144 15 V Courvoisier Cares and that means, Courvoisier Shares The Community Chest of Singapore, selected night-spots and Courvoisier have joined hands to help over 65,000 needy people from 30 charities between 15th November to 15th December 1988. To do this, we need your help too. This is what you have to
      144 words
  • Page 15 Miscellaneous
    • 637 15 CRYPTIC PUZZLE 1 ACROSS 1 Stronghold of chess? (6) 7 Obviously not old-es-tablished! (8) 10 8 Part ot Somerset (4) 10 Churches' pointers to heaven (6) 11 Wine cartel, possibly 17 (6) 14 Not exactly a wag s Joke (3) 16 Might he be wise to pick a number? (5)
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    • 1266 15 Let's boogie iltyr rftri* fr THURSDAY FEATURE SPECIAL Footloose MHQfc 10.40pm, Channel 5 Kevin Bacon stars as a teenager determined to *1 £> bring dance and rock music into a town from has been banned. To do this he has to take to task the H[» flfc stuffy townsfolk a
      1,266 words

  • SPORTS
    • 420 16 AP MARTINA NAVRATILOVA rallied after losing a first-set tiebreaker to beat last-minute replacement Larisa Savchenko in the opening round of the Virginia Slims tennis championships on Tuesday night. Navratilova needed two hours to down her Soviet opponent 6-7 (7-9), 6-3. 6-3 at Madison Square
      AP  -  420 words
    • 402 16 AFP GREG NORMAN called for help on Wednesday while Scotland's Sandy Lyle sought forgiveness as the world's second and third ranked golfers prepared for the first Australia-Britain 'test' match. Norman, who will captain the Australians in the three-day contest which begins in
      AFP  -  402 words
    • 214 16 AP A DAMP BREEZE made for poor putting weather on Tuesday, but Soviet officials touring a golf course similar to the one being built in their country said it made them feel right at home. Last June the Soviets signed an agreement with
      AP  -  214 words
    • 197 16 AP AMERICAN BOXER Sugar Ray Leonard relinguished the World Boxing Council light heavyweight and super middleweight titles on Tuesday, but did not say he was retiring. In a letter sent to WBC president Jose Sulaiman of Mexico. Leonard said, "Since I don't
      AP  -  197 words
    • 216 16 Reuter THIRD-SEEDED Aaron Krickstein overcame a controversial call and a hostile audience to defeat qualifier Dan Goldberg 6-1 6-7 (6-8) 6-3 on Tuesday at the U*****,000 World Championship Tennis tournament in Detroit. Krickstein. ranked 20th in the world, was breezing along when fellow-American Goldberg
      Reuter  -  216 words
    • 132 16 AP THE BRITISH government plans to outlaw the unauthorised use of anabolic steroids, with jail terms and unlimited fines facing importers, dealers and users. In the wake of the scandal surrounding Canadian sprint star Ben Johnson, who was stripped of an Olympic gold medal after
      AP  -  132 words
    • 583 16  -  Jranklif speaking.... WALTON MORAIS TWO YEARS AGO. when the chance presented itself, Singapore blew it like the proverbial birthday candle. Playing on home ground, with the advantage of familiar surroundings, intimate knowledge of the Bukit course and a supportive though small gallery. Singapore fell
      583 words
    • 347 16 UPI DONNY LALONDE on Tuesday said a rematch against Sugar Ray Leonard would be the most logical next bout for both fighters. Lalonde lost his World Boxing Council light heavyweight title on a ninth-round knockout to Leonard on Nov 7 at Las Vegas.
      UPI  -  347 words
    • 274 16 Bernama RAUL GARDINI, the 54-year-old chairman of the Ferruzzi group, the Italian multinational agrochemical conglomerate, who is an avid yacht racer, has disclosed his participation in America's Cup 1991 where he plans to sponsor a yacht, at a cost of around US$lO million, and direct
      Bernama  -  274 words
  • Page 16 Advertisements
    • 155 16 r m of Pre confidence fw m impr °vemem J netWfi'^V^ oU hear^ eAning for^Here's why■ largest ever, wllh i -iroe ciub n hiitinn arealfL t 20% m rt extra-deep Seterwe^tm^^.. cavitvallo^to^ disianceW1 th wovi^mowb^n SkS- specif^ new TpS" iron yke having of 8-irons' although \naeer to K 1 increases
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    • 68 16 Generous. SENBAZURU I |APANtS£ RESTAURANT Scrumptious! e> No wonder our 10-course eTeppanyaki Set Specials are packing them in. At a very special price XX soup, rice and pickles. *Price subject to 10% service charge and 3% cess. :^r f ism HOTEL NEW OTANI SINGAPORE 177 A River Valley Road, Singapore
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  • COMPANIES & STOCK MARKETS
    • 514 17  -  By FOO CHOY PENG SINGAPORE AIRLINES has. for the second year running, walked away with the top prize for producing the best annual report. The national carrier pipped Straits Steamship to win the coveted title in this year's competition for
      514 words
    • 199 17 MBf HOLDINGS Bhd has decided to take over only two out of the five education and travel companies it had originally planned to buy. The company said it has now decided to proceed with the acquisition of Taylor's College Sdn Bhd and
      199 words
    • 655 17  -  Guinness, MBL tie-up creates formidable group By AMY BALAN and MAGDALENE NG SINGAPORE-BASED Malayan Breweries Ltd (MBL) and Guinness Malaysia Bhd (GMB) have agreed to merge their beer and stout businesses in Malaysia. GMB will eventually emerge through a series of complicated transactions as a much
      655 words
    • 522 17 PARKWAY HOLDINGS Ltd is priming itself for future property deals through the acquisition of a substantial stake in a cash-rich Hongkong company for HK599.06 million (about Ss2s million). In the latest development, the Singapore-based property group is buying a 9.74 per cent interest
      522 words
    • 253 17 HOTEL PROPERTIES Ltd (HPL) is planning to make a private placement of 14 million new shares at $1.20 each to part finance its recent proposed acquisition of Hotel Meridien Singapore. The placement will be handled by its adviser, Singapore International Merchant Bankers
      253 words
    • 141 17 SIM LIM Investments Ltd (SLI), responding to BT's article yesterday on the proposed sale of its Sim Lim Square, has reiterated that it will consider any offer for the purchase of the building on an en bloc basis if the price is acceptable SLI said the building was
      141 words
    • SES
      • 1117 18  -  by KEVIN GWEE DESPITE the better-than-expec-ted Singapore economic growth for the third quarter and Tokyo's record-breaking feat, share prices on the local stock market managed a marginal rise in yet another day of lacklustre trade. Singapore's economy grew 11.8 per cent for the
        1,117 words
      • 124 18 HUME INDUSTRIES BERHAD: 29th AGM at the Conference Room, 14th floor, Bangunan Hong Leong, 117, Jalan Bandar, ***** Kuala Lumpur, today (Nov 17) at 2.30pm. INDUSTRIAL OXYGEN BERHAD: 19th AGM at Bouganvilla Suite 2, Ist Floor, Petaling Jaya Hilton, Petaling Jaya on Monday Nov 21 at 10.30 am.
        124 words
      • 44 18 Company RIGHTS ISSUE Spore Lond On* 2% unsecured loan stock with d*tocho6l« warrants tor *v*ry ©rdtnory «*or* K*ld Each $2 nominol voJu* loan ''ock will b* allct*d on* warrant, Cony*rhb»* onytim* within fiv* years E* dot* Nov 28 Books dos* D*c 8
        44 words
      • 304 18 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in tit* ratio of $3 loon stock for •very five ordinary shores held D C Bonk One-for-two $075 per shore Duto Com One-for-one $1 10 per shore F A C B One-for-o«e $0 60 per shore General Corp
        304 words
    • 5842 18 1988 High Low Tal Code Company Last Sale NOV 18 OCOr*a Dhf Dtv Cw Of* rid Net P/E Vol fOOO) Day High Low Last Buyer )uoie teller M Cap Smtl SECTION ONE INDUSTRIAL ft COMMERCIAL 141 85 218 0 167 135 460 209 350 129 167 177
      5,842 words
    • KLSE
      • 3285 19 ANOTHER boring day prevailed at the Kuala Lumpur stock market yesterday as investors continued to stay at the sidelines in the absence of fresh factors. But prices managed to firm up slightly, thanks to better showing on the overseas markets. A dealer said the market
        3,285 words
    • REGIONAL MARKETS
      • 306 20 AFP SIX of Japan's top eight motor car manufacturers have announced increased pre-tax ordinary profits for the six months up to September 30 compared to the same period in 1987. The companies Nissan Motor, Nissan Diesel Motor, Honda Motor, Mitsubishi
        AFP  -  306 words
      • 377 20 AP JAPAN'S parliament has established a special low-er-house committee to investigate a stock trading scandal involving a growing number of politicians, government officials and business leaders. The House of Representatives set up the special 50-member committee on Tuesday in a session boycotted by the largest
        AP  -  377 words
      • 215 20 AFP MOTOROLA INC. a major US electronics group, is to build two plants in China to make semi-conductors and mobile radio equipment for the Chinese market as well as for export, industry sources have said. The two units would represent the largest foreign investment
        AFP  -  215 words
      • 546 20 Tokyo Reuter TOKYO share prices yesterday rose to a record closing high for the fourth day in a row, boosted by heavy buying in blue chips. Satsuki Oba, a broker at Barclays de Zoete Wedd Securities (Japan) Ltd. said: "It's a very positive mood. With the market
        Reuter  -  546 words
      • 487 20 Australia Reuter THE AUSTRALIAN share market shrugged off bad balance of payments figures to close only marginally easier in subdued trade yesterday. Brokers said the market performed well in view of October s AJI69 billion current account deficit, with the main index holding above the 1,520 support
        Reuter  -  487 words
      • 1402 20 Hongkong SHARE PRICES in Hongkong yesterday closed little changed after a day of range trading focusing on a few second and thirdline stocks. The Hang Seng index ended 1.7 points lower at 2,566.88. The broaderbased HK Index eased 0.01 point to 1,692.48. Turnover rose to HK5775.05
        1,402 words
      • 437 20 Reuter THE TAIWAN stock index closed higher yesterday despite a last minute sell-off of many manufacturing issues that sapped the market of nearly half the gains made in early trade. The weighted index rose 91.19 points or 1.3 per cent to close at 7,090.89 compared with
        Reuter  -  437 words
      • 206 20 Reuter THAI stock prices inched higher in thin trading focused on new and small capitalised issues. The Securities Exchange of Thailand Index gained 0.75 point to close at 415.53. Gainers led losers 40 to 25. with 41 stocks ending unchanged. Songkhla Canning, Charoong Thai Wire and
        Reuter  -  206 words
      • 102 20 Reuter PHILIPPINE share prices ended mixed after selected issues rose on fundamentals while the rest fell in the absence of fresh incentives. brokers said. The Manila Stock Exchange Composite Index slid 3.84 points to 729.75 after minings reacted to a drop in copper prices. "Buying was
        Reuter  -  102 words
      • 96 20 Reuter SEOUL SHARE prices closed sharply lower yesterday as political tensions grew over popular demands that former president Chun Doo Hwan be tried for alleged corruption and abuse of power during his rule, brokers said. Near the close, the composite index was 758.98, down 10.25 points
        Reuter  -  96 words
      • 112 20 Reuter PRICES on the Bombay exchange cloeed mixed yesterday after alternate bouts of selling and buying in the absence of sustained institutional support. Brokers said stateowned investment institutions lent limited buying support to select shares. Associated Cement fell 8.5 rupees to 378 and Larsen one to 129.
        Reuter  -  112 words
    • WORLD MARKETS
      • 813 21 New York Reuter WALL STREET stocks closed higher on Tuesday, shrugging off firmer short-term interest rates and a weaker dollar. But concern about the direction of the economy and cautiousness before yesterday's release of September US trade data limited the advance, brokers said. "The only
        Reuter  -  813 words
      • 982 21 London Reuter LONDON shares retained their early firmer bias at the official opening yesterday, but volume was fairly light ahead of yesterday's US September trade data, which could set the tone of world markets in the near term, dealers said. The firmer trend followed a
        Reuter  -  982 words
      • 1930 21 Reuter AMSTERDAM: Dutch shares opened quietly steady yesterday in cautious business ahead of the US September trade data due last night, dealers said. The CBS All-Share Trend Index opened 0.1 point above Tuesday's close at 97.2. Dealers expect any reaction on the Amsterdam market to the US
        Reuter  -  1,930 words
      • 225 21 FT THE US Securities and Exchange Commission, the regulatory authority for the world's most important securities market, has proposed the first authoritative blueprint for the creation and regulation of a truly global market system. The move, reflecting the SEC's express belief that it should assume
        FT  -  225 words
  • Page 17 Advertisements
    • 365 17 COMPUTER FOR SALE WANG VSBO COMPUTER SYSTEM (in perfect operating condition) with the following peripherals: 256 KB memory 1 x 75 MB Fixed Disk Drive 1 x 75 MB Removable Disk Drive 1 x 15 MB Removable Disk Drive 1 unit 250 Lpm Band Printer 5 units Workstations. Interested parties
      365 words
    • 9 17 Clambo was held over due to pressure on space
      9 words
    • 305 17 Financial Newsmakers OFFICE SPACE FOR RENTAL Dist 1542 New Freehold Office Space: 7,500 sq ft per floor x 2 floors for rent. Central Aircond. 30 car park spaces. Prominent road frontage. Available now. Will consider sale. Interested pis call owner 535-4544. visitors were impressed by what they saw. 550 exhibitors
      305 words



  • Page 20 Advertisements
    • 485 20 NOTICES aai f u m Mt m X m m a* i 1 i»N4 1 B5 ft# M M E» a hi* Ron Mark Pte Ltd (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50 that the
      485 words
    • 570 20 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF WOOD SHIPPING HOLDINGS PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At the Extraordinary General Meeting of the members of WOOD SHIPPING HOLDINGS PTE LTD, duly convened and held at No. 2 Flnlayson Green #06-05
      570 words
    • 338 20 In the matter of THE COMPANIES ACT, CHAPTER SO and In the matter of MONDIAL DIAMOND PROMOTIONS (FAR EAST) PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of MONDIAL DIAMOND PROMOTIONS (FAR EAST) PTE LTD duly convened and held at 6 Battery Road #38-01 Standard
      338 words
    • 11 20 Th« New Zealand raport, Saoul and Manila prices wara not available
      11 words
    • 50 20 GLOBAL CITY GLOBAL BUSINESS Write on the topic and win a management course overseas. Send your entry in not more than 1,500 words to: BT/DHL Businessman of the Year Working Committee do DHL Internstional (Singapore) Pte Ltd 232 Tanjong Rhu Road, #03-00 Aurum House, Singapore 1543 by November 30, 1988•
      50 words

  • Page 21 Advertisements
    • 715 21 NOTICE NOTICE IS HEREBY GIVEN that, I Lim Lian Chai of Blk 305 #06-104 Serangoon Ave 2 Singapore (1955), have applied for a Retail Liquor Shop Licence in respect of premises at M/s 88 Marketing Trading Enterprise at Blk 94 #01-28 Toa Payoh Lor 4 Singapore (1231), and that this
      715 words
    • 725 21 NOTICE NOTICE IS HEREBY GIVEN that, I Phua Soo Song of No 17-C Fair Drive Singapore 1543, have applied for a 2nd Class Beer House licence in respect of K remises at M/s Lip's Cafeteria at 865 fountbatten Road #81-91/92 Katong Shopping Centre Singapore (1543), and that this application will
      725 words

  • 615 22  -  By FLORENCE CHONG WHILE MAINTAINING his view that Australia's on-going migration debate was offensive to Asians, Prime Minister Lee Kuan Yew yesterday moved to defuse a situation in which he was accused of interfering in Australia's domestic affairs. Mr
    615 words
  • 308 22 A DIFFERENT trade pattern will emerge in the region when Australia eventually removes its trade barriers and moves towards an open market, Mr Lee Kuan Yew said in Canberra yesterday, adding that Australia had done about 60 per cent of
    308 words
  • 259 22 THE BREAKDOWN of the family unit would pose a particular problem for an Asian country like Singapore, unlike in the US or Britain, where society could cope and the government could stand in for the family. Prime Minister Lee Kuan Yew spoke movingly
    259 words
  • 377 22 AFP JAPANESE Prime Minister Noboru Takeshita outshone his predecessors yesterday by getting parliamentary approval for ambitious tax reforms after months of suspended debate arising from a stock trading scandal. The plenary session of the Lower House, which voted on six Bills,
    AFP  -  377 words
  • 103 22 Reuter HONGKONG'S anti-corruption squad has asked the Fijian government to arrest Tam Suk Chong, 33. on charges of fraud involving US$3.5 million, a spokesman said in Hongkong yesterday. The spokesman for the Independent Commission Against Corruption declined comment on reports from Fiji mentioning US$2B4
    Reuter  -  103 words
  • 85 22 Reuter COMEX GOLD futures were little changed early yesterday on news of a US September trade deficit of U5510.46 billion, which was within market expectations. Traders were looking for a deficit of US$9.O to US$l2.O billion. Bill Byers of Bear Stearns said the trade number "should not be
    Reuter  -  85 words
  • LATE FILE
    • 65 22 AP THE INDONESIAN central bank yesterday adjusted the rupiah, from 1,693 to 1,718 to the US dollar. The government devalued the rupiah by 45 per cent on Sept. 12. 1986, from 1.134 to 1,644 to the dollar. and made a slight adjustment late last year, letting
      AP  -  65 words
    • 98 22 SINGAPORE and Thailand have urged Vietnam to agree to an international peacekeeping force to supervise the withdrawal of its forces from Cambodia, according to the SBC. It is in Hanoi's interests to have the force if it does not want the Khmer Rouge to dominate
      98 words
    • 59 22 AFP NORTH KOREA yesterday called for high-level political and military talks with South Korea at Panmunjom in midDecember on ways to ease political and military tensions, a South Korean government spokesman said. The proposal was contained in a letter sent by North Korean Premier Lee
      AFP  -  59 words
    • 35 22 Reuter SECURITY FORCES struggling to contain civil unrest instigated by leftwing rebels in southern Sri Lanka yesterday threatened to arrest state employees who refused to work, officials in Colombo said. Reuter
      Reuter  -  35 words
  • 350 22 AFP PRESIDENT MIKHAIL Gorbachev for the first time spelled out the need for a mixed Soviet economy that must reconcile market forces and a centralised planning in a key speech reported in Moscow yesterday. He told Communist Party and government officials that the
    AFP  -  350 words
  • 218 22 Reuter ISRAELS Labour PARTY ministers have rejected an initial offer by Prime Minister Yitzhak Shamir to join his rightist Likud in a new national unity government, political sources said in Jerusalem yesterday. The ministers, who met on Tuesday after hearing Mr Shamir's proposal for a Likud-led
    Reuter  -  218 words
  • 326 22 AP PAKISTANI voters streamed to the polls yesterday in the country s first free elections in more than a decade, deciding whether opposition leader Benazir Bhutto would have a chance to become the first woman to lead the Muslim nation. Army
    AP  -  326 words
  • 123 22 AFP POLICE HAVE ARRESTED 23 people and seized arms and explosive devices in Kedah and Perak states in northern Peninsular Malaysia under the Internal Security Act (ISA), a top police official said yesterday in Kuala Lumpur. Deputy Inspector-General of Police Jaffar Abdul said the
    AFP  -  123 words
  • Page 22 Advertisements
    • 182 22 The art of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of ()rehard Road. At The Ascott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury
      182 words
    • 8 22 New Palestinian state gets mixed response, PAGE 3
      8 words
    • 162 22 The Comex silver report wet not available yesterday. JLW Investments FOR SALE BT TENDER 1.. I I» i« i AT ORANGE GROVE ROAD Suitable for apartments La Hotel I Freehold Site Area 2.809 sq.m. Residential Zone Jones Lang Wootton >u H.ittifs Pl.ii 1:Y00& 46 CK) Shell Tow Sin<j,ip< 01 04
      162 words

  • SHIPPING TIMES
    • 423 23  -  By JEAN FOONG FASTER ship turnarounds are expected now that Singapore has computerised data links with two major Hongkong port operators. The Port of Singapore Authority linked up with Hong Kong International Terminal (HIT) and Modern Terminals Ltd on Tuesday to
      423 words
    • 315 23 SINGAPORE'S bunker industry is fast moving up the path to modernisation. The latest and biggest purpose-built tanker yet is to be ordered by Neptune Shipmanagement Services Pte Ltd (NSSPL) under a four-year charter agreement with Caltex (Asia) Ltd. The new 4,000
      315 words
    • 237 23 Reuter THE SOUTH KOREAN government has decided to come to the aid of Daewoo Group s troubled shipyard but not without substantial help from the corporate firm, planning officials said. Economic Planning Board officials said the government would not allow Daewoo's shipbuilding subsidiary
      Reuter  -  237 words
    • PORTSIDES
      • 92 23 AN AIR SEARCH has been launched for an unidentified vessel reported to have exploded along the Papua New Guinea coast, a Royal Australian Air Force spokesman said. An RAAF C-130 Hercules failed to locate any wreckage or survivors after a five-hour search near Papua New Guinea
        92 words
    • 970 24  -  By VONNIE BISHOP SHIPPING REGISTERS are be- < coming more competitive and i eager to spread their gospels i around the globe judging by 1 their strength in participation at this year's Expoship Far East I International Shipping Exhibition in Hongkong. The subject was
      970 words
    • 793 24 AB Shpg V 5 ABC Container IX 1 Accord Shpg VI 3 Adrich Shpg VII 1 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III 1 Asion Ocean VI 1 Awards Shpg V
      793 words
    • 235 24 AP MORE than half of nearly 100 Philippine passenger ships inspected since a fatal sinking last month had inadequate emergency communications equipment, the National Telecommunications Commission said. Deputy commissioner Aloysius Santos said that of the 90 ships inspected by
      AP  -  235 words
    • 343 25 B H Bulk and Anangel forecast bullish outlook Lloyd's List SPECULATIVE shipping groups B+ H Bulk Carriers and AnangelAmerican Shipholdings have delivered confident forecasts B+ H. formed in June 1987 by the shipping entrepreneur Michael Hudner, said third quarter earnings were US$l.6 million (it had only limited operations this time
      Lloyd's List  -  343 words
    • 144 25 Reuter CLOSING procedures for the St Lawrence Seaway will be in effect beginning Dec 1 in preparation for the scheduled clearance date of Dec 18, the St Lawrence Seaway Corporation announced. The clearance date is the date by which all ships in the Great Lakes
      Reuter  -  144 words
    • 61 25 Reuter THE CYPRUS vessel Pro Americana, which had been trapped in Buenos Aires harbour by a sunken bunker fuel barge, has now left the port. Lloyds Shipping Intelligence Service said. The Argentine bunker barge Dona Agustina is still sunk in the same position but
      Reuter  -  61 words
    • 51 25 Reuter THE Panamanian bulk carrier Flag Despina grounded at the Cyprus port of Vassiliko on Tuesday, Lloyd's Shipping Intelligence Service said. The ship, 28,551 tonnes deadweight, was carrying a cargo of cement from Vassiliko to Naples. A tug is on its way to the grounding site.
      Reuter  -  51 words
    • 353 25 Fairplay SERIOUS concern is being expressed by shipbrokers and agents over the implication of the controversial compliance agreements which all liner companies, wishing to operate on the United StatesNorth Europe liner trade, now have to sign. The subject was discussed at the recent annual
      Fairplay  -  353 words
    • 81 25 Reuter AN OIL tanker of the state-owned Pertamina Oil Co has sunk in the Indian Ocean leaving one of its crew members killed and two others missing. A company spokesman, Mr Hamzah Abdullah, said the 545-ton Elpina-3 with 14 crewmen on board sank off Ujungkulon, 400 km
      Reuter  -  81 words
    • 320 25 ALL SURVEYS were conducted on Nov 14. Argentina Buenos Aires 38 vessels operating. I— Bahia Blanca Four vessels operating. Australia All ports Normal operation. -U. Bangladesh Chittagong Normal operation. Brazil Santos Normal operation. Rio de Janeiro Normal operation. Cameroon ZZ Douala Normal operation. Chile Arica Normal operation. Talcahuano
      320 words
    • 1258 30 THE CURRENT Soviet timecharter activity continued to provide the main talking point on the freight market on Tuesday with unconfirmed details emerging for some of the business, shipbrokers said. Rates of US$l3,OOO and $13,250 daily were said to have been paid for Panamax vessels while two 37,000 tonners
      1,258 words
    • 5003 30 AARHUB Mataram Oiaaagatri No* it/1» Vim do Vmm CM 0 Atretloment Nov 17 Anders Hunk MeerM lino. Nov 17 Ming Propitious Vang Ming. Nov 20 Nod Oelft ScenOulcht Nov 21 Chun Ho China Ocean Nov 21 Kege. Trlot. Nov 22(PK) Evor
      5,003 words
    • 1405 30 AT CONVENTIONAL WHARVES VmmI B#rth Arrival Departure KEPPEL WHARVES CGM t.mtxxjO KI5 olongtxM *****600 Cottbus K38 olongsid* 1811 1500 Equotor IC22 olongsid* 17.11,0700 Equotor HI K73 oiongnd* 17 IIO700 Koto 6*'on KM otongxd* 31 *****0 Koto WiKuno K3I olongsid* 19 II/1S20 Montim* ln( U2 olongsid* 1******0 Noc
      1,405 words
  • Page 23 Advertisements
    • 782 23 ■ft* > v .,cT TIMES STP Distributors OOCL JAROINE SMIPPINO AGENCIES 200 Cantonment Rom). #12-05 Southpomt Singapore 0208 T« *****11 Tetei RS ***** Facsimile *****09 TERMINAL/CFS T« *****H *****19 *****20 FOR CUSTOMER SERVICE INOUIRIES ANO BOOKINGS T« *****306 PEUU JAROINE SHIPPING AGENCIES SON SHO PORT KELANG Ttf *****18 Tate*: MA
      782 words
    • 65 23 mm SHIPPING REGISTERS ore becoming more competitive and eager to spread their gospels around the globe judging by their strength in participation ct this year's Expoship Far East International Shipping Exhibition in Hongkong. Page II SPECULATIVE shipping groups B H Bulk Carriers and Anangel-American Shipholdings have delivered confident forecasts. Page
      65 words
    • 654 23 > —r 81 MAERSK LINE THE DETERMINED LINE! .in week AXEL M Closing Time CY 23/11 2300 MRS CFS 23/11 1300 MRS To Furop*- —UK Scandinavia Finland i AXEL M LUNA M M PARIS ARTHUR M ANNA M 16/12 17/12 22/12 23/12 6/1 i 7/1 6/1 7/1 13/1 14/1 990
      654 words

  • Page 24 Advertisements
    • 574 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON KAGA TOLAGA BAY HONGKONG EXPRESS CITY OF EDINBURGH KAMAKURA LARGS BAY MEONIA ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN. COPENHAGEN, AARHUS. GOTHENBURG. MALMO. HELSINKI, OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG HONG KONG
      574 words
    • 18 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Vj&gjiffeJ Shipping Association.
      18 words
    • 451 24 POLISH OCEAN LINES Agents Singapore Optorg Shipping Pte Ltd Tel ***** M Tele. RS ***** Fa« *****51 P Kelang Petaltng Jaya Penang 3M70C1 2 3 '*****3 '5'56C3 *****5 EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE (UNLAW Ml o srohwohl a THAELMAHM H CEGICLSKI 2W EXPORTS (SEMI CONTAINERISED CANARY ISLANDS/GDYNIA VESSEL
      451 words

  • Page 25 Advertisements
    • 1323 25 The Straits Steamship Group p&o Containers STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT. CONTAINERSHIP SERVICES TO/FROM BANGKOK SPOKE i'KOK PEGASUS PIONEER VOBN 20-21 No* 24 25 Nov PEGASUS PROGRESS VS4IN 24 25 No. a 29 Nov BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80
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    • 640 25 EUROPE USA/PANAMA ait «ui mji i7Ji hji I7JI 1111 Zlll ZZJI Z4JI ZZJI MJI M.K MJZ MJZ MB lIJ* 17JZ lIJI 11* EF tt4 Z7.11 EF HI Il.lt ef m nit u m am G*n*r«l Ag*nt m m Zt.ll ail Mil 2111 tt.ll 12.11 1111 Il.lt za.ii 2ft.ii h.iz ztiz
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  • Page 26 Advertisements
    • 561 26 US I NOSE u MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading for:IRAN MAHAUATI PJL666 22 Nov BANDAR ABBAS KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 22 KYOWA HIBISCUS V 34 HK LOAD FOR: 3/12 VILA. NMA. LTK, SUVA. PACO. APIA 27/12 VILA. NMA.
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    • 748 26 JtC&LINE iff* imtrml con'ttA nt* FULLY CONTAINERISED SERVICE 10 EUROPE VIA SUEZ T Member of the Ace Consortium FOR/MOTHER VESSEL KJW 65E/HANJIN BUSAN tSt KJW 65E KOREAN WONIS ONE ME QWB SE. HANJIN POHANG ME QWB SE/KOREAN WONIS SEVEN s<£ SSB ME MANJIN POHANG ME SSB ME/KOREAN WONIS SEVEN s<€
      748 words
    • 95 26 IB BIRKAL SOUTHEAST ASIA PTE. LTD. international freight forwarders GUARANTEE WEEKLY CONSOL FROM SINGAPORE PT. KELANG Accepting FCL and LCL TO BANGKOK HONG KONG EUROPE/UK mkait SJEJL Ttfc 335M11 mum m. m. t* nmm JVanttiiZine FAR EAST MAURITIUS/SOUTH AFRICA SERVICE REGULAR FULLY CONTAINERISED EXPRESS SERVICE NANTAI PRINCE V-19S MARIA OLDENDORFF
      95 words
    • 1400 26 m EVERGREEN Full Container Service B^jnd(F^/CARIB/USEC/EURO/FE) EVER GOVERN 25/11 29/11 30/11 02/U R4/U wi) iirti EVERCARMN «2/U 00/U W w UfU w iw V ,U IVU 12/13 HOl 17/12 21/U 24/U IXr! 13,12 17,12 14/12 WU 22/U 27/12 EVER GIFT 22/12 2*12 21/12 30/12 02/01 rail nun EVER GOLDEN" M
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  • Page 27 Advertisements
    • 869 27 vr PACIFIC INTERNATIONAL LINES AVk\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL SEA HAWK MAJAPAHIT VESSEL SEA GLORY MAJAPAHIT KOTA MELATt SEA GLORY KOTA MELATt SM SM IS/11 22/11 IS/11 24/11 28/11 20/11 23/11 24/11 20/11 27/11 30/11 1/12 S/12 4/12 7/12
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    • 578 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAVEN ROAM HAVRE 1/1 11 *1 %n 12/1 12/1 im 2n 1/12 1/1 M VI *1 11/1 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NAM I HAVEN 4 DAM HAVRE STON MonjAonf Eiprau SjiM SliM StiM Si.M Sj.im City tl UiiOuffh SilM Sjiiad SjiM
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    • 503 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE LJ. BONTANG/16WB SRIWIJAYA/25W8 KUTAI/16WB ANTWERP H'BURG/ ROAM/ADAM BREMEN 23/1 26/1 1/2 6/2 23/2 26/2 Subject to Inducement Also accepting cargo to Casablanca. Port Said, Port
      503 words
    • 354 27 BOUSTEAD SHIPPING AGENCIES S'pore Pi PAGAN VI33W 21/23 Nov HTONEYWA V23JW 29/30 Nov PA-AN VI3IW 30 Nov/2 Ok BURMA FIVE STAR SHIPPING CDBPDBATinM (Burmese National Line) Loading for Rangoon pore P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SFRVirP NORTHBOUND TO UKC CLYDEBANK V24N TAMAITAI SAMOA VI4N FORTHBANK V23N SPORE RDAM HULL
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  • Page 28 Advertisements
    • 783 28 13 KAWASAKI KISEN KAISHA. LTD. 'K'linb N. AMERICA-ATLANTIC COAST ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE VOY LB 10 15/10 SGP "PK/PNG *INDO 24/11 26/11 27/11 1/12 3/12 4/12 1/12 10/12 11/12 IS/12 17/12 11/12 N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST MOTHER VESSEL TOWER BRIDGE BAY BRIDGE
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    • 348 28 Accepting LCL and South Africa VIRGO 09Q3F HAYAKAWA MARU 66 l<f VAAL iTBf VENTO 1104F NEDLLOYD COICWIBO M37G CANOPUS MSC OSAKA MARU (542G cifQOil Direct to Durban P.Elii C.Town C Town Durban 14/11 17/U 10/11 14/11 25/11 28/11 Jrnrdm JAROINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12 05
      348 words
    • 707 28 7ie TUISIOAS V 38 KALIOAS VC TUISIDAS V 39 KALIDAS V 41 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Keiang Ptnang Loading tor M<*h«f Vii By Fewter By Fttder '3« Nov 21 Nov 21 Nov Fwn lMb/Sydn A, 30 Ok 23 Dec 23 Dec Frem *Wb Syfln A
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    • 551 28 GOLDEN LINE GUM GUAN SUPPING (PTE) LTD S. Tdok *y«r Strwt SIN OA POKE 0104 TIL UUM (10 LINES) Fu SJ4SO4 STRAITS/PERSIAN GULF SERVICE: GOLCXN HAVEN Cotanbo Ktractu/Outm Dimmin COL DEN BEAR CotomOo Mf«chi Dub* CHINA SERVICE A VESSEL Huaofpu SJunfhai Spore P» im No. 11/20 DK PKeUnf Perunf CHINA
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    • 345 28 I® PHIU OfIICNT UNCS PTC LTD HfAO OFFICE 63 ROIINSON ROAD -0? 12 AFRO ASIA BUILDING SINGAPORE 01C5 TELEX RS ***** PMHI FA*. *****76 ETA SINGAPORE I DESTINATION 11/11. 20/11 DUBAI DAMMM. KUWAIT. DOHA. MUSCAT, BAHRAIN ABU OMABI A SMARJAM 25/11. 2/12 am. n/u JEDDAH (LCL) MEEKLY AQABA HODCIDAH COLOMBO.
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  • Page 29 Advertisements
    • 828 29 NEPTUNE ORIENT LINES LTD NEPTUNE ACENCIES PTE LTD FE General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****22 *****53 NEPLINE SON BHD 36M17 NEPLINE SON BHD *****33 NEPLINE SDN BHD. *****5/627M0/*****1/*****2 NEPLINE SDN. BHD. 23»40/23»41 FE EU/AUST TP A; SEA S *****51 27*5742 *****11 *****1* *****11 *****41 INWARD OUTWARD ENQUIRIES *****44
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    • 433 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. KEELUNG. BUSAN, INCHON STRAITS/KOREA SERVICE V*tMlt Name ETD BS S PORE PKLC KEE BUSAN MO JI NO I DONAM/W9N 01/11 In Port JO-21/11 27-27f1l 30-02/12 OS/12 •DRAGNET/IO3N 15/11 22-23/11 24-25/11 07-01/12 10/12 NO J DONAM/SION 20/11 01-03/12 M-OS/12
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    • 759 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** WWW nyn SSf S |jRrJMMPFIiMrs HANDLING mTH CO SM BHD CJtNfS. JAYAPOH PtNANG, Ttl. *****4 *****8 Tiin
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  • Page 30 Advertisements
    • 238 30 SIN6APORE SHIPPING jjKT CORPORATION (PTE.) LTD. TEL 225 6868 (34 Lmesl FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO DSR-LINES l VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA IARNACA ACCEPTING CARSO FOR LWASSOL. BEIRUT, IATTAKIA, AItXARDRtA,
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    • 101 30 T.S.K. LIME WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL 1 i-j ,111:1 *0 J j-A A-m I M J.J i» i TRANSIT TIME TO TAIWAN/JAPAN MV. HERMES ACE VIS ETA SIN Sl/11/SS I KAOHSIUNG KEELUNG SPORE TOKYO SHIMIZU ■> NAGOYA > KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS
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  • Page 30 Miscellaneous
    • 156 30 Regional Weather *2 5. T i I sh s I ft r X u SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJI. Nov 17. IMS V w*xJ director with speed m knot* R Thunderstorm Temperature c A, Weather Wmd direction with speed «knots ■»<** w Cloud* Sk, W h^ h
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  • Page 31 Advertisements
    • 828 31 W FARGO SHIPPIN Tel:H24 01Sg ■f REGULAR EXPRESS FCL LCL SERVICE ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND vsi TIT Eiprtss 214 I*l2 11/12 24/12 I Hudig 215 21/12 I VI 11/1 lnas«4 217 I 21/1 30/1 4/2 Mwpo 2il 31/1 I 12/2 I 17/2 Mm accaptinf cjrfo to:AUSTRALIA NEW ZEALAND
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    • 421 31 ACSP CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fan: *****61 Tlx ***** CSPFRT LCL FIXED CONSOLIDATION TO:MARSEILLES/GENOA KEELUNG/MANILA B TOKYO/KOBE/OSAKA S pore to USA (ALL PORTS) (LCL) ETD 27.11.88 S'pore to Auckland (LCL) ETD 10.12.88 S'pore to Antwerp (LCL) ETD 26.11.88 S'pore to Fremantle (LCL) ETD 10.12.88 S'pore
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    • 1292 31 Tatsumi Marine DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports sub/ect to inducement (also accepting transhipment cargo OROBAY MADANG KIETA, WEWAK KIMBE RABUAL via LAE) yPOftE: NEPTUNE AGENCIES PTE. LTD T«l: *****77, *****34, *****71 W OmCt W HAAHK KRVICCS PTE. LTD. (STOUE) TEL: M MALAYSIA
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  • Page 32 Advertisements
    • 510 32 Hai Sun Hup Co (Pte) Ltd -L u l TEL *****06 (20 Lines, TLX HS ***** &RS ***** ft) I \SI I K\ CAR I l\l R I II) j STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! TRONO ASIAN SEKI SEA VESSEL CLIPPER MATSUYAMA 111 73 30/11 U/12
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    • 314 32 rr D COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMkCOKTAWER SERVICE TO NORTHBOUND TO UKC S PORE RDM/A DAM HBC HULL (U.K.) CLYDEBANK V24N 19/11 11/12 22/12 25/12 TAMAITAI SAMOA VI4N 9/12 5/1 9/1 13/1 FORTHBANK V23N 27/12 25/1 29/1 1/2 'Alio Accepting FCL to Anhmrp/Bremn/Fe4iuto«e/So«ithaii«ton/B«tf*«VGath«ntoirg (ASIA-SOUTH
      314 words
    • 336 32 w P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 VSL PUL ADIL MANDIRI PUL ADIL MANDIRI VOY SIN
      336 words
    • 671 32 EM CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE i K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B BUTANC 497 iizzzrni PENANG 1111 X.ll 03.12 1 I M.U |«m B SUHIA DESTINATIONS AWUS AMSTERDAM ANTWERP. BASLE. BREMEN BREMERHAVEN. COPENHAGEN HELSINKI. MALMO OSLO. STOCKHOLM^ FROM
      671 words