The Business Times, 18 November 1988

Microfilm: NL16275
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, NOVEMBER 18, 1988 ?5.
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  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    260 1 AP Dow up WALL STREET stocks rose in early trading yesterday, along with a recovery in the dollar. After intervention by the Federal Reserve to support the currency, it quickly began to rise. The stock market fell steeply yesterday along with the dollar. The Dow rose 11
    AP  -  260 words
  • Article
    US dollar falls to new low
    155 1 THE US DOLLAR, which buckled under selling pressure on Asia's foreign exchanges yesterday, fell to a new low of $1.9445 against the Singapore currency. There was market talk that the Monetary Authority of Singapore intervened twice in the local forex market to prop up
    155 words
  • Article, Illustration
    Nikkei hits 5th consecutive record high
    159 1 INVESTORS ON the Tokyo stock market shrugged off the overnight fall on Wall Street and drove share prices to its fifth consecutive all-time high yesterday as the US dollar plunged. However, Asian markets could not emulate Tokyo's feat and generally closed lower. The Nikkei
    159 words
  • Article
    Manufacturers moderate bids for textile quotas
    501 1  -  By JOHN TAN LAST WEEK'S first round of bidding for next year's textile export quotas is believed to have contrasted sharply with last year's heated bidding. Industry sources told BT manufacturers have become somewhat wiser after some companies were unable to fulfill quotas allocations
    501 words
  • Article
    First double-digit growth in 15 years almost certain
    543 1  -  ONLY 6PC NEEDED IN LAST QUARTER TO ACHIEVE TARGET aaaosa L. By ANNA TEO THE ECONOMY need only expand by about 6 per cent in the last quarter for Singapore to turn in its first double-digit growth since 1973. After three robust
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  • Article, Illustration
    Singaporean appointed Amex senior VP
    176 1 A SINGAPOREAN, Mr Lee Soo Jin, has been promoted to senior vice-president (worldwide marketing) of American Express Travel Related Services (TRS). He will be based in New York. Reporting directly to Mr Aldo Papone, president of Amex TRS, Mr Lee, 40. will be responsible for
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  • Article
    Lock icon 'Asian NICs must cooperate closely'
    114 1 AP THE NEWLY-INDUSTRIALISED nations in Asia must cooperate closely to respond to trade pressures from the advanced nations, a government-sponsored think tank said in Seoul yesterday. South Korea, Taiwan, Hongkong and Singapore should strengthen joint activities in international economic organisations, including the General Agreement on
    AP  -  114 words
  • Article
    Local hospitals may soon offer surgical help for impotent men
    380 1  -  By TAN KEE WEE SINGAPORE MEN who are impotent may soon be able to seek surgical help at local hospitals. The National University Hospital and government hospitals are likely to start offering a surgical procedure known as intracorporeal penile prosthesis.
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  • Article
    Lock icon Help older workers hold on to their jobs, ILO urges
    330 1 Reuter THE International Labour Organisation (ILO), a specialised United Nations agency, said research had shown it was beneficial to help older workers hold on to their jobs, start new careers or become self-employed. "They are a time-tested product and should
    Reuter  -  330 words
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      Page 1 Advertisements Column 1
      175 1 TO A Done on your wall A Done on yourself THERE S A DONE FOR EVERYONE. Casual wear. mugs, posters, swimwear bags, docks, umbrellas cards TUDOR COURT SHOPPING QALLtRV TVDOR COURT TANQLIN ROAD SINCAPORf 10S4 TH7J4IJSB For the best in Sichuan and Seafood Dishes Mini Fo Tiao Qiant{ Dragon City
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      Page 1 Advertisements Column 2
      174 1 Full r«port, PAGE 20 Reg mkts, PAGE 22 Editorial Comment: 12 Ruling on credit card too rigid Sir Y K Pao 12 Who will succeed him? Economic crimes 13 Aquino government waging war Town councils 3 NUS to set up research unit US dollar 6 Greenspan's remark adds to market
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      Page 1 Advertisements Column 3
      0 1 "^/@(,~</.,}=>/{%&^@{{[/;/;<\$;
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      201 1 Minolta EP49OZ THE VERY VOLATILE* women who buy designer clothes each season are a breed requiring constant nurturing and attention from each designer house eager for their custom. The Emanuel Ungaro boutique in Singapore has brought in the first 'trunk' show, a travelling box of designer goodies fresh from Paria
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  • FOCUS
    • Article
      Japan leads despite a smaller commitment
      324 2  -  INVESTMENTS Reports by CHUANG PECK MING, ANNA TEO, LEONG WEN WAH THOUGH IT MADE a smaller investment commitment in the third quarter, Japan was still the biggest investor in Singapore during the period. Japan promised $165.4 million worth of projects, nearly a third of
      324 words
    • Article
      Flow of goods to Tokyo slows
      333 2 TRADE THE FLOW of Singapore goods into Japan slowed in the third quarter but exports to the Republic's other major markets the US, European Community and Malaysia continued to expand strongly. The growth of domestic exports to Japan dropped to 6.8 per cent compared
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    • Article
      Higher inflation expected
      119 2 INFLATION INFLATION is likely to be higher this year since the consumer price index climbed 1.6 per cent in the third quarter. The latest increase brought the rate for the first nine months up to 1.6 per cent, higher than 1987's inflation of 0.5 per cent. Higher
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    • Article
      Construction generating jobs again
      132 2 EMPLOYMENT AFTER NEARLY four years of decline, the construction sector has once again begun to create jobs. Employment in the sector rose by 1,400 in the third quarter. In the whole economy, 16,000 more jobs were created, up from 13,000 in the second quarter. Half of
      132 words
    • Article
      Business services grow significantly
      517 2 FINANCE THE FINANCIAL and business services sector grew by 10.2 per cent during the third quarter this year, up from a revised growth of 8.3 per cent for the first six months. Significant growth was seen in business services and in the interbank transactions of the
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    • Article
      Electronics remains star performer
      268 2 y MANUFACTURING PHARMACEUTICAL/CHEMICAL products was the only major industry which declined in the third quarter, due to the closure of some chemical plants for maintenance and expansion. After a healthy 24 per cent growth in the first six months of the year, the pharmaceutical and related
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      Page 2 Advertisements Column 1
      444 2 Specifications vary in Singapore WE'VE GONE TO GREAT LENGTHS TO GIVE YOU MORE COMFORT. We do not expect our customers to compromise. We build cars for people who demand the best and who insist on luxury and quality of the highest degree. For these people we have built the BMW
      444 words
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  • HOME NEWS
    • Article
      SONIS forms distribution centre
      319 3 SONY International Singapore (SONIS). the regional headquarters of the Japanese electronics giant, has formed a distribution company to handle Sony's Asian operations. Incorporated about three weeks ago, Sony Logistics (Singapore) Re Ltd is a joint venture between SONIS and Sony Logistics Corporation, the distribution arm of
      319 words
    • Article
      Company Line makes Singapore base for South-east Asia
      214 3 COMPANY LINE, a UK computerised data base firm which matches buyers and sellers, will increase its local operations to cover the whole South-east Asia region by next year. Set up last year. Company Line Product Search (Singapore) is seeking buyers for its
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    • Article
      New Austrian ambassador
      50 3 AUSTRIA'S new ambassador to Singapore, Dr Peter Klein, presented his credentials to President Wee Kim Wee yesterday. Dr Klein, who succeeds Rudolf Bogner, was a practising lawyer in Vienna before joining the foreign service in 1974. His overseas postings since have been in Britain, Italy and Thailand.
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    • Article, Illustration
      Last of Tanjong Pagar shophouses for sale
      375 3 INVESTORS will have a last chance to take part in the Tanjong Pagar conservation area when the remaining 93 shophouses are put up for sale today. Based on an average tender price of $175,000 per unit in the previous two tenders, the third
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    • Article
      Job attachment scheme for students
      99 3 A GOVERNMENT job attachment scheme will see about 1,000 vocational and technical students made available in 1990 to employers for a year at a nominal wage of $300. Under the Vocational and Industrial Training Board (VITB) scheme, the students will have to return to their
      99 words
    • Article
      Cambridge admits error in paper
      104 3 SO SORRY, it was a silly typographical error, the University of Cambridge Local Examinations Syndication yesterday said to students who sat for the recent 'A' level English literature paper. The crucial "Either/or" was left out on the question sheets, forcing students to answer four questions
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    • Article
      Call for smaller levy increase
      96 3 AN INDUSTRY association has appealed to the government to consider a smaller increase in the levy on foreign workers for small and medium enterprises (SMEs) because many of these firms have problems in automating their operations. The Association of Small and Medium Enterprises (ASME) said
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    • Article
      NUS to set up town council research unit
      400 3  -  By TONG SUIT CHEE A TOWN COUNCIL Research Unit is being set up in the National University of Singapore (NUS) to spearhead studies in estate management, said Dr Lee Boon Yang, the Senior Minister of State for National Development and Home Affairs.
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    • Article
      IBM sets up regional education centre
      239 3 INTERNATIONAL Business Mschines. the world's largest computer maker, has set up its Asia Pacific regional education centre in Singapore. Called the IBM Asis/South Pacific Area Education Centre, it will provide entry level training for IBM's new recruits from 15 countries. The $4 million centre
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    • Article, Illustration
      Corrections and clarifications
      54 3 THE AUSTRALIAN High Commission has pointed out that a photograph which appeared on the Leisure page on Wednesday, Nov 16, was not that of Kim Beazley, the Australian Minister for Defence. We are sorry for the error. Reproduced above is the photograph of Mr Beazley, courtesy of
      54 words
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      60 3 Where even a trip down the aisle is a priceless experience. BRUNEI Touching the world •-■u&T'V wm > i K tA *■> :*#r WSt •s v. m m m 1 Eg?.-- < a SPfviWK.'' i-s *Vi V V-• lift 7 -r IV X A 4 Kg IV *v. ■KiNKek»B*&- I'.
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  • ASIA-PACIFIC
    • Article
      Lock icon S Korea's population growth on target
      159 4 UPI SOUTH KOREA should achieve "zero population growth" in the year 2020 when the nation's population will be 50 million, the Economic Planning Board forecast. The results of a national census, taken by the EPB on July 1, said the annual population growth rate
      UPI  -  159 words
    • Article
      Lock icon Marcos seriously ill
      96 4 Reuter A SPOKESMAN for deposed Philippine president Ferdinand Marcos said that Mr Marcos was seriously ill and might be physically unable to obey orders from the US Supreme Court to turn over bank records and be finger-printed. The spokesman, Qemmo Trinidad, said on Wednesday: "I do not
      Reuter  -  96 words
    • Article
      Lock icon More countries respond to new Palestinian state
      596 4 Agencies CHINA AND JAPAN both welcomed the Pslestine National Council's proclamation of an independent state but stopped short of formal recognition. China, a strong supporter of the Palestinian cause, said in a Foreign Ministry statement that the proclamation marked "the beginning of a
      Agencies  -  596 words
    • Article, Illustration
      Lock icon Dole raises copyrights issue
      167 4 UPI SENATOR ROBERT Dole of the US has asked Thai Prime Minister Chatichai Choonhavan and his foreign and commerce ministers to prevent piracy of US intellectual property and continue narcotics suppression. Mr Chatichai, describing himself and Mr Dole as "close friends for a long time", said
      UPI  -  167 words
    • Article
      Lock icon Indonesia gets US$39m food aid
      155 4 FT INDONESIA'S huge resettlement programme, which has been much criticised by environmental groups, received a badly-needed financial fillip this week with the announcement of a US$39 million food aid agreement with the World Food Programme. The aid, which is to be targetted for some 200,000
      FT  -  155 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      898 4 ARRIVALS Operator C r l dtfVICt Local From numb*r Mm* swt SRI 86 1040 ZRH/MCK CIA GA960 1100 CGK SU SQ105 1105 KUL MA •1421 1130 IWN QFA QF72 1135 BKK SIA SO 20) 1145 CGK GU GA940 1150 MES SIA SQ191 1155 PEN su SQ238 1155
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    • Article
      Lock icon Vietnam and Canada form joint venture
      388 5 UPI VIETNAM has announced the formation of a joint venture with a Canadian company to develop tourism, oil exploration and trade under a liberal new investment code. A senior Vietnamese economic adviser said on Wednesday such investments were part of a "flurry" of foreign
      UPI  -  388 words
    • Article
      Lock icon China's Daqing oilfield to incur its first loss
      294 5 UPI THE DAQING OILFIELD in north-east China, the country's biggest and long a symbol of Chinese industrial power, will incur its first loss this year after nearly three decades of operation. On Wednesday, official newspaper The Worker's Daily, quoting officials of the
      UPI  -  294 words
    • Article
      Lock icon Ericsson to look into Malaysia as a production centre
      245 5 Bernama ERICSSON OF SWEDEN, a world leader in telecommunications, is looking at Malaysia as a potential centre for its production of telephone instruments. Ericsson Telecommunications Sdn Bhd said in a statement in Kuala Lumpur on Wednesday that a team of specialists
      Bernama  -  245 words
    • Article
      Lock icon Coca-Cola applies to build plant in India
      356 5 AFP, UPI COCA-COLA has applied to set up a plant in India that would make the country an important new source for concentrate used to make its worldfamous soft drink. Industry experts said the application was a low-key attempt to ease back into
      AFP,; UPI  -  356 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      37 4 THE YEAR-END SALE W.-70X On Nov 16 to Dec 3,1988. *r m K a 1 V< A M rsi rsi $3ss^ m MM MfclWW?* c, w v /< 0/ i azo 583 Orchard Road #B1 12/13 Forum Gollena
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      0 4 /,&"=%[`(<!__>>.~%/],_[:].|@]%.
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      42 4 HMH The business person's choce every Tuesday. Thursday, Saturday ond Sunday Leaving Chongi Airport at 22 05 Leovrvg Chongi Airport at 22 05 Kours ond amvrvg Heathrow early >e following morn«ng Co# your Trove) Agent or Air Conoda at *****55. AIR CANADA
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  • Page 5 Advertisements
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      113 5 r i L w TT m a j *w 3£ a a. i '■liSllLl 11 Mllllllli i\ J/J- > .1 m r mar m--1 jT A Wx- N V >*• L f 4' I jf J I d/ ,miiir miiiiii'i m x ml At Tudor Court, a bagful of designer
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  • REST OF THE WORLD
    • Article
      Lock icon Greenspan's remark adds to market fears
      358 6 FT THE FEDERAL RESERVE Board chairman's evidence to the National Economic Commission was seen by financial markets as endorsing their negative view of the Bush administrations chances of tackling the deficit problem. The dollar had already begun to fall after the release of US
      FT  -  358 words
    • Article
      Lock icon High production usage rate fuels US inflation fears
      203 6 AFP US FACTORIES, mines and utilities were operating in October at their highest level in more than eight years, according to the Federal Reserve Board. The Fed said on Wednesday that factories, mines and utilities increased the usage rate of their capacity
      AFP  -  203 words
    • Article
      Lock icon US says EC unlikely to meet 1992 deadline
      396 6 Reuter ALLEN MOORE, the US UnderSecretary of Commerce for International Trade, said he did not think the European Community (EC) would meet all its goals of a single market by its target year of 1992. But he said that even if they
      Reuter  -  396 words
    • Article
      Lock icon New TV system: EC out to challenge Japan
      190 6 UPI THE European Community (EC) on Wednesday launched a campaign to promote its own new television system, challenging Japanese accusation that it was incompatible with all existing systems. The EC's executive commission sent the Council of Ministers, the decision-making body, proposals for
      UPI  -  190 words
    • Article
      Lock icon France a lure to Tokyo investors
      192 6 AFP FRANCE has never been so sttrsctive to Japaneee investors. Based on the first quarter trend. Japanese investments this year are heeding for a record 1.8 billion francs, nearly twice the amount in 1986 and well over 1987 s 1.2 billion. According to figures
      AFP  -  192 words
    • Article
      Lock icon 'Soviet climate for US investment much better'
      340 6 UPI LEADING Soviet economists told senior US executives in Chicago on Wedneeday that economic reform under President Mikhail Gorbachev had vastly improved the climate for American inveetment "For us, pfmtroika is not just a short-term fancy, it is s long-term policy," Dr R
      UPI  -  340 words
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      65 6 SEN BUSINESS SHIRT. THE REGENCY COLLECTION V. ■r- .'J i ->• "3 1: m- m m ft Pi v\\ 4 V X. X x. •X X. f J rm t?. t <r X m Leading The Corporate Trends »r i« irom lhe Hurst \urn Hon lahiii. Iht Ui<»cnc\ oHectinn i
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      Page 6 Advertisements Column 2
      55 6 I ■m t <*?• You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or
      55 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      58 6 Doonesbury I'M NOT QUITS HOW ABOUT SURB- HOUJTO A VIVBO OF GO ABOUT THIS. TH6 SCHOOL I I've N£V£K SONG? COLLEOe I 3BFORB. I Wa im ANP YOU ACSCHOOL cuse/MZOf SONG? WHAT A LdAKi SCHOOL■ M£MOKi< SONG? I c f C4~\ 'iT <5! BY GARRY TRUDEAU a mioeN! fair jtuei!
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      216 6 CO Adololdo 17/lOOowddy Aini dan 07/03 Ow Adtorn 09/04 Ooudy •aliraki 21/15 Onr ftangkok 32/23 Cbor larbado* 25/21 Ooar M|hg 11/01 Qwor Mm 23/15 Sumty lilyadi 07/00 Ooor Mk 10/07 Oowdy fanwdo 25/20 OMT km 13/04 Clewdy Mbm 20/12 Rm liwili 09-02 Cloudy »»<■>■* 04/00 Ooudy Iww Airot 26/14 Omt
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      236 7 w iT wr -iP i L We've shipped 3 million PS/2s. And we'd like to include you in our 4th million. So for a limited time, we're giving special discounts and offering generous trade-ins on any IBM PC you have. Here's how it works: For example: You buy a PS/2
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  • COMMODITIES
    • Article
      KL Tin
      152 8 THE KLTM tin price rebounded after Wednesday's decline, dosing tour conts higher at M 519.65 a kg In continued quiet trading yesterday. Dealers noted scattered buying from European and local Interests, aided by a smaller premium of £5 a tonne over the price in Europe following sterling's firmness
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    • Article
      Rubber
      266 8 SINGAPORE: The report was not available yesterday MALAYSIA: Conditions were generally bearish on the rubber market yesterday, with prices closing s shade easier on lower overseas trends coupled with a continued lack of consumer off-take. Afternoon prices extended initial losses on incressed selling interest, mainly affected by the weaker
      266 words
    • Article
      RAS and MRELB
      297 8 RAS prices m s cmm«. fob m m 1 NOON CLOSE Buy«r* Buy*r* C-M jwen Int 1 RSS Prompt 184.00 185.00N 183.00 184.00N tat 1 RSS D»c 88 185 JO 186 JON 184 JO 185 JON bit 1 RSS Jon 188.00 189.00N 187.00 188.00N Int 2 RSS
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    • Article
      SSR and SMR
      82 8 ,4 cut/kg) DECEMBER 1988 JANUARY 1988 (currant month) (forword month) RAS NOON NOON fc/y«o 5«B«n (uyars a H a SSI 30 176-50 178.50N 176 JO 178JON ss> so 174J0 176.50N 174.50 176 JON MRELB tvy*n Sihn •vy*. H|r SMB CV 391.00 293.00M 39X00 395.00N SMI I 283.50
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    • Article
      Produce Prices
      238 8 Chinese Produce Exchange Sollors' noon doting prteot on Nov 17 (SS/100 kg) Coconut oil Bu* FOB 114.00 OW drum FOft 124.00 N»w drum FOB 128.00 Copra Mix*d (Ioom) 67 Pepper "H/IHV* willf FOB NIW 730.00 Sarawak whit* FOB faq NIW 720.00 Sarawak tp«dal block FO# NIW 475.00 Sarawak
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    • Article
      London markets
      295 8 London Commodity Exchange Buyer/Seller doting prices on Now 16, (£/tonne unlets specified). Previous doting price! in porenfhetit. Coffee Roth in-it or London, sellers option CIF London Nov 1071/1080 (1072/1075) High/Low 1075/1064 ion 1087/1088 (1091/1092) High/Low 1095/1080 Soles (3924) Cocoa Dec 840/841 (829/830) High/Low 850/816 Mor 856/857 (841/842) High/Low
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    • Article
      Precious Metals
      397 8 HOMGKONG: Gold yesterday closed easier in active trading on renewed selling orders from local and overseas investors. Dealers said the metal opened firmer, but was soon depressed by prof-it-taking mainly in response to the steady US dollar. Bullion ended at U*****.90/423.40 an ounce against an initial 424.20/70 and
      397 words
    • Article
      Palm Oil
      409 8 MALAYSIAN CRUDE PALM OIL FUTURES closed mixed in sluggish trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers attributed the market sentiment to reports of India having purchased another parcel of Malaysian neutralised palm oil (npo). December was Msl better at Msl,olo per tonne, but January was Ms
      409 words
    • Article
      Lock icon EC farm ministers stick to subsidies
      237 9 AFP EC AGRICULTURE ministers on Tuesday kept the European Community on target for a trans-Atlantic trade battle over subsidies by refusing to commit themselves to end the massive sums given to farmers. The 12-nation European Community has rejected American demands for an end to
      AFP  -  237 words
    • Article
      Crude Oil and Products
      161 9 THE differential between November and December fuel oil prices widened further in the Singapore market. Players say this was due to the uncertainty surrounding the Opec meet and also the probability of more Arab Gulf barrels coming east Second half Deceroper CSTIBO was report- edly sold
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    • Article
      Lock icon US oil imports surge to eight-year high
      487 9 AP US OIL IMPORTS surged to an eight-year high in October amid rising consumption and falling domestic production, the American Petroleum Institute reported in New York on Wednesday. Total imports of crude oil and refined products rose 8.7 per cent to an average
      AP  -  487 words
    • Article
      Lock icon Opec ministers face task of setting new output levels
      233 9 AP EIGHT Opec oil ministers opened talks yesterday in an attempt to bring order to the chaotic oil market and reap higher crude prices by forging an agreement to control the cartel's surging production. "There is a feeling they have to
      AP  -  233 words
    • Article
      Soybean
      175 9 A MODEST mid-day rally in soybean futures fizzled out at the close as locals and other speculators sold to take profits on the Chicago Board of Trade on Wednesday. Commercials were on both sides. Prices settled up four to off one cents a bushel. January finished unchanged at US$7.5B
      175 words
    • Article
      Wheat
      150 9 WHEAT FUTURES closed with extended losses on mixed selling on the Chicago Board of Trade on Wednesday. Reports of heavy beneficial rain in winter wheat areas in the western midWest weighed on sentiment. A lack of fresh sizeable export tenders also gave traders little incentive to buy. Prices closed
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    • Article
      Lock icon Manila seeks US$300m for nickel refinery
      341 9 AFP THE PHILIPPINES is asking for US$3OO million for a state-owned nickel refinery and has sought offers from Soviet interests along with Australian. US. Canadian and British firms, officials said in Manila on Tuesday. The bidding for Nonoc Mining and Industrial Corp, one of
      AFP  -  341 words
    • Article, Illustration
      Platinum and Silver Maple Leaf available
      370 9  -  ROYAL CANADIAN MINT CONFIDENT By QUAK HIANG WHAI ROYAL Canadian Mint has added platinum and silver to its Maple Leaf collection of precious metal investment coins. Both the platinum and silver coins, which join the existing Gold Maple Leaf, offer new opportunities for investment
      370 words
    • Article
      Lock icon World coffee exports at lowest level for five years
      257 9 AP WORLD coffee exports fell by 15 per cent in the marketing year ended Sep 30, putting them at their lowest level for five years, the International Coffee Organisation said on Wednesday. A total of 62.24 million bags of coffee was
      AP  -  257 words
    • Article
      Lock icon Coffee counter proposal possible
      113 9 Reuter BRAZIL and Colombia, the world's two biggest coffee producers, have tome ideas for improving the International Coffee Agreement, producer delegates said. Producers were scheduled to meet yesterday to look at ways to solve the problem of cheap sales to countries which do not belong to
      Reuter  -  113 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      134 8 Thai flies non-stop to Bangkok 3 times a day, everyday 365 days a year. Flying to Bangkok is easier with Thai. With three convenientlytimed departures per day, everyday 365 days a year. And our smooth-running schedule c/uite naturally extends into smooth service. Because we believe that the personal touch can
      134 words
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      Page 8 Advertisements Column 2
      84 8 FOR SALE BY TENDER FREEHOLD INDUSTRIAL LAND AT PEREIRA ROAD LOTS 8-4, 8-5, 8-6 8-7 MK 24 BK 58 1 Land Area: ***** sq.ft. Development Potential: Tenure Freehold Planning approval has been obtained tor the Zoning Industry building of an 8-storey factory cum warehouse block. TENDER CLOSES AT 4 P.M.
      84 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      71 9 SO STYLISH, THEY'LL BE A PLEASURE TO LOOSEN AFTER CHRISTMAS DINNER. This Christmas you'll find the finest collection of distinctive belts at Dunhill. Each one is crafted from the highest quality leathers and skins. And fortunately they're easy to adjust. Prices start from only $350. J dunhi Hilton International Hotel
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      Page 9 Advertisements Column 2
      109 9 Celebrate with us the Festival du Beaujolais Nouveau 18 November 4 December at La Brasserie Georges A s|»ecial promotion featuring the famed Beaujolais Nouveau ami Ihe most recent Sauvion Fragrance. Muscadet Primeur 1988. complete with a special Beaujolais Nouveau menu. A buffet spread of assorted sausages and pales from the
      109 words
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  • FOCUS
    • Article, Illustration
      Lock icon A move towards Mid-East settlement
      781 10 PLO's gambit in Algiers NYT THE WIDE GULF that separates perceptions among Palestinians and those in the United States and Israel was apparent on Tuesday. What was seen in those countries as an elaborate effort at avoiding a firm decision to seek peace with Israel
      NYT  -  781 words
    • Article
      Lock icon Chronology of the Middle East conflict
      658 10 Reuter 1997 The first World Zionist Congress. convened in Basle by Theodor Herzl, sets the aim of creating a home in Palestine for the Jewish people. 1917 British Foreign Secretary Arthur Balfour, in the Balfour Declaration, tells Zionist leader Lord Rothschild that Britain will
      Reuter  -  658 words
    • Article
      Lock icon Extracts of statement on Resolution 242
      358 10 Reuter THE FOLLOWING is part of a political statement endorsed by the Palestine National Council on Monday that refers to UN Resolution 242: "The Palestine National Council affirms: The need to hold an effective international conference on the Middle East question and its essence,
      Reuter  -  358 words
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      112 10 SINGAPOREANS Ihe UOB VISA Premier Card. The Card of a Nation A symbol of the progress and success of our country and the person who carries it. i Offering unrivalled benefits and privileges. The highest credit limit of 4 times your monthly salary. The highest overdraft line of $12 000.
      112 words
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  • Page 11 Advertisements
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      240 11 TheWywy Ricoh Partnership brings you While many are trying to come out with better SLRs or compacts, Ricoh takes a quantum leap forward in camera technology. A totally new concept for 21st Century photography, Ricoh r* d g has ingeniously FUtlllflStlC S designed the futuristic state-of- Wlf the-art camera VtUIIVI
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  • PERSPECTIVE
    • Article
      Ruling on credit card too rigid
      482 12 THE NO-NONSENSE attitude of the Monetary Authority of Singapbre towards banks issuing credit or charge cards to those earning less than $24,000 per annum is understandable. It is apparently worried about the possibility of lower wage earners spending beyond their means, and then getting
      482 words
    • Article, Illustration
      Who will succeed Sir Y K Pao?
      1354 12  -  Hongkong tycoon Sir Yue-Kong Pao has only daughters. So naturally, the question of who will inherit his empire spawns endless speculation. In an interview with LINDA CHEE of Shipping Times, number one son-in-law Helmut Sohmen dismisses rumours of rivalry over the succession issue.
      1,354 words
    • Article, Illustration
      Lock icon Iraq: Socialist state turning to capitalist methods
      841 13 Reuter AFTER EIGHT YEARS of war, Iraq is moving to turn swords into ploughshares by privatising much of the state-run economy and attracting foreign investment for peace-time reconstruction. "It may seem odd that a high-ly-centralised, socialist state should turn to capitalist methods," said
      Reuter  -  841 words
    • Article, Illustration
      Aquino government waging war on economic crimes
      1026 13  -  In the Philippines, economic sabotage like political subversion has permeated various levels of society. It caused the government to suffer losses totalling US$2.6 billion last year. AL LABITA, reporting from Manila, takes a look at efforts to check the problem. AL LABITA, FOR
      1,026 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      61 12 *> n' FOR THOSE WHO HATE BEING TOLD WHAT TO DO: A Tradewuidd EZ Pack dimply flies you to your destination, offers you a choice of accommodation an? lets you do whatever you want to do. Or not want to do. 'fradewinds Tel: *****88 Whether you prefer an Asia, Aivtralia,
      61 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      36 12 Rns VMF TOLO VOU MOU) I GOT fYW -*Q6 Mege HOOJ PtBOUT You^ RlAueml £>eV&M fcNDTuX) I THOUGHT THG i n J PiWD I SaujSx *Vm s£> P\ S»GNI *BOV»NG O£J?K) V w*n~l£D\.. X <|fl; Hi
      36 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      188 13 V 9 m HI. T \\r st IIU M ?>J£ iS* >•- V -Ti f >>>: *r> .AT < -i >v: m -w o-nnatAbeur® The Sheaffer Connaisseur* is perceived by many as the world's finest writing instrument. To write with the elegant Connaisseur is to belong to an exclusive group
      188 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Vietnam devalues the dong by 86pc
      160 14 AFP VIETNAM has devalued the dong by 85.9 per cent from 368 dong to the dollar to 2,600 and is to let the central bank determine future exchange-rate adjustments independently. State Bank of Vietnam official Cu Huy Toan yesterday said authorities had also decided
      AFP  -  160 words
    • Article
      IMM
      267 14 IMM foreign currency futures finished with steep gains and near session highs after a hectic day on Wednesday marked by key US economic reports and statements by Federal Reserve policymakers. Despite early and repeated Fed intervention to support the beleaguered US currency, the dollar lopped off another full yen
      267 words
    • Article
      Lock icon Simex
      508 14 BA Futures MARCH Eurodollar futures yesterday opened 12 ticks lower than the previous Simex close at 90.93. Fears of inflation following a sharp drop in the US dollar despite the trade deficit for September fell to U5510.46 billion from U5512.27 billion in August and concerns over the outcome of
      BA Futures  -  508 words
    • Article
      Comex gold/silver futures
      162 14 Gold futures on Nov 18,1988 100 troy ounces, USS (Mr troy oonoa Opan N*l Lav MM No* 424-00 424.00 424X0 424J0 oio Dac 426.00 428.90 424.50 425.60 Jon 89 426.20 010 Fab 431 JO 43-4 00 439JO 430J0 0.20 Ap» ***** 439.00 435X0 435.90 >0X0 Jun 44Q4Q
      162 words
    • Article
      Asian $ market
      184 14 Asian market ASIAN DOLLAR deposit rstes closed firmer yesterday. US) ora no 7 do r» 15/1 SI/3 1 mMh 13/16 S 11/16 3 month. 9 5/16 9 3/16 3 month. 9 3/16 9 1/16 6 man*. 9 3/16 9 1/16 9 MMh 9 1/4 9 1/S 13 month, 9 5/16
      184 words
    • Article, Illustration
      Money markets
      80 14 THE OVERNIGHT rate on the Singapore money market rose 1/4 points to close higher at 4 per cent yesterday. One-month rose 1/8, two-months rose 5/16 point, while threemonths rose 1/8 point Indicate* the iviriQi of >4, -1,„ n uw primf lerxjirvg raiti of 12 ma|or banks In B'pora
      80 words
    • Article
      Lock icon Australian rediscount rate up
      116 14 Reuter THE RESERVE Bank of Australia said it lifted its Treasury note rediscount rate to 14.9 per cent from 14.8 per cent effective immediately The bank last raised the rate from 14.5 per cent on Nov 10 The rise was in line with market expectations and
      Reuter  -  116 words
    • Article
      Options
      1429 14 CURRENCY FUTURES OPTIONS Thursday, N« xv 17, 1988 DEUTSCHE MARK (SIMEX) Oac 99 caMa HM LM Oac M put* Law SaP S3 CA9 S3 CA9 94 4154 440 2 99 3359 340 2A 2 94 3409 344 4A 9 97 1549 199 20A 14 SI 939 96 59 371
      1,429 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      244 14 C&L ATTENTION: CHARTERED SURVEYORS, VALUERS AND ESTATE AGENTS In line with their global expansion plans, our client, an established firm of valuers, real estate agents and property consultants, invites applications from either firms or individuals to join their international network in Singapore and Malaysia. It currently has over 200 offices
      244 words
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      Page 14 Advertisements Column 2
      6 14 Keep your investment decisions on target
      6 words
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  • BANKING AND FINANCE
    • Article
      Forex markets
      796 15 SINGAPORE: The US dollar yesterday extended its losses from New York, recording a range of DM 1.7215/1.7125, yen 122.40/121.40, GBP 1.7215/1.7125, and S$ 1.9445/1.9415. It closed at DM 1.7190/ yen 121.85/ Sterling 1.8335/ S$ 1.9445. Despite a neutral US September trade deficit of U5510.46 billion seasonally adjusted and
      796 words
    • Article
      Government securities market
      113 15 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WO OFFER HIGH LOW 3 months BQ*****F 16.02.89 3.68 3.63 3.87 3.53 6 months BY*****Z 23.03.89 3.72 3.67 3.86 3.60 1 yeor BY*****S 20.07.89 4.27 4.22 4.39 4.15 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      113 words
    • Article
      World interest rates
      176 15 Interbank market rates (offer/bid) on Nov 17 us$ DM SWFC Y«o 7 day* 1/14 —t/14 11 5/4 3/« 4 11/14 9/14 4 1/3 3/4 3 7/4 3/4 1 mil 13/14 11/14 11 IS/14 13/14 4 3/4 5/4 4 5/14 3/14 4 1/4 4 3 9 3/14 1/14
      176 words
    • Article
      Foreign Exchange
      234 15 Interbank rates at 3pm yesterday: MD 0tPI.ll cr*«par«r Local dollar l to on* unit of foroign currency: US dofcir 1.9430 1.9430 2.8196 ■31.12 Sorting pour* d 3-5587 3.5624 7.3469 •5146 Amli oMan do Hor 1.6730 1.675® 3.4286 •51.20 MZ doMor 1.2652 1.2678 3.4286 -63.10 -i—I v.anoa ior go
      234 words
    • Article
      Visa has new projects on the cards
      425 15  -  By LEONG WEN WAN BANKS ISSUING the Visa credit cards in this region will soon provide stiff competition to American Express charge cards when they launch a number of new projects. For starters, Visa will relaunch its Premier card as the Visa Gold
      425 words
    • Article
      OUB ties up Visa accord with Chase
      169 15 THE OVERSEAS UNION BANK has signed a three-year agreement with Chaae Manhattan Bank to jointly isaue Visa cards to the customers of the local hank. With the agreement which was signed in September this year, OUB will embark on several direct mail campaigns
      169 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      71 15 ASEAN Finance Corporation Limited (AFC) is pleased to announce that the Monetary Authority of r has approved its applicatioi i -stablish a Merchant Banking opei...ion in Singapore with ACU capabilities. With this approval, AFC will operate under the same name and our address, telephone, telex and facsimile numbers remain unchanged.
      71 words
    • Advertisement
      Page 15 Advertisements Column 2
      185 15 SiHconGraphics is breaking new ground in the Mechanical CAD/CAM/CAE market place. Manipulating objects in real-time is far more complex than 2D work it requires 10 to 1000 times more computing power. Engineers continue the transition to 3D shaded solid and surface modelling techniques instead of 2D drafting and 3D wire
      185 words
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      Page 15 Advertisements Column 3
      3 15 sm PAGE 12
      3 words
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  • LEISURE
    • Article, Illustration
      Lock icon And Mickey's 60
      278 16 ANNIVERSARIES f AP MICKEY MOUSE celebrated his 60(h birthday on Wednesday with balloons, a four-tiered cake and a |azz band party, where his tailless friends disclosed he's a contented bachelor and a closet Republican. J "I think he's been a Republican." said Roy Disney, who Oifjht to
      AP  -  278 words
    • Article
      Lock icon A starburst of flavour
      439 16 WINES Reuter BEAUJOLAIS NOUVEAU, the French wine industry's most successful marketing success, was uncorked in wine bars and restaurants around the world yesterday with an aroms likened to a mature fruit cocktail. Several million bottles were flown to the US. Japan and Africa and trucked to
      Reuter  -  439 words
    • Article, Illustration
      Lock icon Art market's flourishing
      708 17 ART Reuter CONTEMPORARY, modern and Impressionist works of art are fetching record prices at auction, ending fears that last year's stock market crash would cause a slump in collecting, art dealers and experts in New York say. "I see it (the trend) continuing as long as people
      Reuter  -  708 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      153 16 COURVOISIERXO VVI ILI* TC ENTERTAIN Pick a winner at Royal Holiday Innauthentic Hongkong dianxin When you've tried our fine selection of dianxin delicacies, you'll agree that it is among the best outside of Hongkong, its land of origin. Prepared with fresh, quality ingredients, you can't expect less Available at Meisan
      153 words
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      Page 16 Advertisements Column 2
      187 16 You've Earned if! Give Yourself Aloof A BARBECUE N' FASHION SHOW EVERY FRIDAY AT THE POOLSIDE Mear hor off the grill and other Dor-D-Q fovourires owoir you on rhe buffer table by rhe poolside. Indulge m hoc rempring food and enjoy the unique experience of dining by rhe poolside. Prices
      187 words
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      Page 16 Advertisements Column 3
      184 16 CONTEMPORARY CALIFORNIAN CUISINE AT THE HYATT NOVEMBER 17-26 Chef Joachim B. Splichal of Beverly Hills will be specially flown in to prepare the latest in contemporary American cuisine for your dining pleasure. A la Carte Lunch/Dinner Menu HYATT REGENCYOSINGAPORE For reservations please call *****88 Ext. 2462 NARUMi ITEMNECO PTE LTD
      184 words
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      Page 16 Advertisements Column 4
      192 16 Lunch or dinner. Adults: $14.50 Children under 12: $9.00++. Batik demonstration sale 12 noon 2.30pm and 6.30 9pm Cafe Plaza Plaza Hotel SINGAPORE Beach Road Support 0719 TH *****11 -3 0 24—hi Coffee^ (L«vd 5) Where the service is food, the ambience great, the food simply marvellous! An experience yotfU
      192 words
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      Page 16 Advertisements Column 5
      238 16 A t§£ Splendidel Over 60 gorgeous French dishes to feast <m. 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
      238 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      266 17 The Magic that is Austria For a fortnight, you will be able to enjoy Austrian cuisine the finest in the world with creations like Saddle of Venison oven-roasted with Juniper Gin and. naturally, legendary Viennese pastries. And to occompany all this, will be the music and songs of one of
      266 words
    • Advertisement
      Page 17 Advertisements Column 2
      145 17 "SKSBSF c/ m 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
      145 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      655 17 waswEMaa saj&soiMD CRYPTIC PUZZLE 4 As seen on TV? (6) 7 The sort of town in which there's not much competition (3, 5) 8 Mark and Edward are frightened (6) 10 Shoot a flier (5) 13 Remain a supporter (4) 14 Desmond suggests an item of apparel (4) 15 A
      655 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1296 17 to as© as©#-) Working students 9 r > i *T-~ How does working INo aftact ttudontt on vacation? FRIDAY BACKQROUNO 7.90pm, Channol S While the Palestinian National Council has voted for an independent state in the Israeli-occupied territories, the question remains if Israel is willing to trade land for peace.
      1,296 words
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  • SPORTS
    • Article, Illustration
      King's goes for the juniors
      413 18  -  By WALTON MORAIS AS PART of a marketing plan to increase junior membership. King's Snookerium yesterday announced the holding of a Teenage Sports Festival in December. The festival, a three-day camp incorporating snooker and squash, will feature lessons, demonstrations and video presentations of both sports,
      413 words
    • Article, Illustration
      Lock icon Bird hurts foot, may seek surgery
      279 18 UPI BOSTON CELTICS' forward Larry Bird will seek additional medical opinion before deciding this week whether to have surgery on his feet, his agent said on Wednesday. "It's going to be Larry's decision," said Bob Woolf, Bird's agent. "That's why it is important to
      UPI  -  279 words
    • Article
      Lock icon Hines tests positive, may lose his IBF title
      163 18 AFP AMERICAN BOXER Robert Hines is threatened with losing the IBF light middleweight title he took earlier this month after a drugs test revealed traces of a pain-killing product. Hines outpointed Canada's Matthew Hilton in Las Vegas 13 days ago but both
      AFP  -  163 words
    • Article, Illustration
      Lock icon Tomba imposes his talent
      432 18 Reuter THE IMPOSING FRAME and equally imposing talent of Italy's exuberant ski star Alberto Tomba stand between Pirmin Zurbriggen and a place in the record books as the World Cup season opens next week. The Swiss, who held off the determined challenge of "Tomba la Bomba"
      Reuter  -  432 words
    • Article, Illustration
      Lock icon Evert through to quarters
      416 18 UPI CHRIS EVERT took advantage of an injury to Barbara Potter to pull out a 4-6, 6-2, 6-4 victory on Wednesday night that carried her into the quarter-finals of the US$l million Virginia Slims Championships in New York. Potter twisted her left ankle in the seventh
      UPI  -  416 words
    • Article
      Lock icon Givens files defamation suit against Tyson
      352 18 UPI ACTRESS Robin Givens filed a US$l25 million defamation suit in New York federal court on Wednesday against heavyweight boxing champion Mike Tyson, the husband from whom she filed for divorce while claiming not to want his money. Givens charged in the suit that
      UPI  -  352 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      152 18 'If you're going to be thinking anyway, you might as well think big." The inside story of how A brilliant entrepreneur, Donald Trump makes property deals are news rv rl his millions. the world over. This is the ultimate success iiuo 10 liic uiuiiiiaut Most people think small, T becausemost
      152 words
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      Page 18 Advertisements Column 2
      182 18 SINGAPORE'S OLDEST CARPET ESTABLISHMENT ©GRAND CARPET CAf IP THt PCX-'NTHR AMIR MOHAMED KHAN ■■Hv O i> ,t V 3* >\ Sis ;o n -;h r*. X-. RARE GENUINE PERSIANS 0 \V O n a-a. *> »-.»>* i ,>**********4444< a H=t sSSQOfiW. ft X <S> v cr 7 ft -»\V OLD
      182 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon No wild response to wave of public issues
      694 19 mm™ By HOCK LOCK SIEW A YEAR after the great October Crash, a fresh wave of public issues is sweeping the local bourse again. In the last month, four public offerings, including three rights issues, have succumbed to the phlegmatic market. QAF
      By HOCK LOCK SIEW  -  694 words
    • Article
      Lock icon Carlsberg (M) observing M Breweries, Guinness merger
      281 19 NST CARLSBERQ BREWERY Malaysia Bhd, which enjoy* a SO par cent market share of the Malaysian beer market, is adopting a "wait-and-see" attitude on the proposed merger of Guinness Malaysia Bhd and Malayan Breweries (M) Sdn Bhd. Carlsberg's chief executive PB Jorgensen, asked
      NST  -  281 words
    • Article, Illustration
      Parkway gets approval to expand Gleneagles
      368 19 PATIENCE is beginning to pay off for Parkway Holdings Ltd it has finally received one of the many approvals that it has been waiting for. BT understands that Parkway on Wednesday received approval from the Ministry of National Development to expand its proposed medical
      368 words
    • Article
      Lock icon Roxy to resolve issues leading to UIC pullout
      172 19 Bernama ROXY ELECTRIC Industries (M) Bhd is working towards resolving those issues which have led to United Industrial Corporation suspending negotiations to take up its (Roxy's) rights issue. In a statement yesterday, Roxy said it intends to to complete all documentations relating
      Bernama  -  172 words
    • Article
      COMPANY BRIEFS
      165 19 CITY DEVELOPMENTS Lid has confirmed that on the Sep 28, 1988. a member of the CDL group entered into an agreement to purchase the CYS Building for $16.5 m cash. CDL has paid a 10 per cent deposit. KUWAIT Investment Office has increased its stake in Sime Darby
      165 words
    • Article, Illustration
      F&N wins appeal against paying YHS damages
      567 19  -  By AMY BALAN BEVERAGE AND food group Fraser Neave Ltd has emerged the victor in the latest round of a 10-year-old legal battle with archrival Yeo Hiap Seng Ltd which started with the use of the word "sarsi". In a 29-page judgment delivered
      567 words
    • SES
      • Article, Illustration
        ST Index at lowest level in five-and-a-half months
        1086 20  -  by KEVIN GWEE INVESTORS met the Guinness Malaysia-Malayan Breweries merger with a mixed response, chasing Guinness' price up and driving MBL's price down. Brokers said apart from the breakout in the news of the merger and the listing of the US$l5O million
        1,086 words
      • Article
        COMPANY MEETINGS
        147 20 INDUSTRIAL OXYGEN BERHAD: 19th AGM at Bouganvilla Suite 2, Ist Floor, Petaling Jaya Hilton, Petaling Jaya on Monday Nov 21 at 10.30 am. HONG LEONG INDUSTRIES BERHAD: 25th AGM in Conference Room, 14th Floor, Bangunan Hong Leong, 117, Jalan Bandar, ***** Kuala Lumpur on Tuesday Nov 22 at
        147 words
      • Article
        APPROVED ISSUES
        46 20 Company RIGHTS ISSUE Spore land On* 2% uns*cor*d loan stock with d*'ochobl* warrants for *v*ry ordinary star* h*W Each %2 now inal votu* loan stock will b* oHo'*d on* I warrant. conv*rtibW onytim* wittii n fiv* y*ors Ex-dot* Nov 2B Books clove 0*c 8
        46 words
      • Article
        PROPOSED ISSUES
        301 20 Company RIGHTS ISSUE C 1 Holdings 27 miMion loan Mocks in the ratio of |3 loan stock lor every live ordinary shares held 0 C Bonk On#-for-two $0 75 per store Duta Cons One-for-one $1 10 per thorn FACB One for-one $060 per shore General Corp Issue of
        301 words
    • Article
      SES SHARE INFORMATION
      5534 20 Gr's Qr*s 1968 Tel Last Dtv Dtv Y*ld Net Vol Day Last QmoIs M Cap SmN nign Low Cod* Company Sale cr- C'vr P/E (•000) Nigh Low Bvyai Sailor NOV 17 SECTION ONE INDUSTRIAL ft COMMERCIAL 141 95 1 e 1000 Acma 105 unch 1 ON 2.4
      5,534 words
    • KLSE
      • Article, Illustration
        Lock icon Overnight buying fizzles out
        3321 21 NST OVERNIGHT buying on the Kuala Lumpur stock market was short-lived as sellers dominated trading again and share prices were driven to lower levels yesterday. Guinness, which is involved in a merger with Malayan Breweries, took centrestage. It was the most actively traded counter with 595,000
        NST  -  3,321 words
    • REGIONAL MARKETS
      • Article
        Lock icon Bangkok levies export duty on Minebea
        244 22 Reuter THE THAI Cabinet has imposed a duty on ball bearing exports to the United States by Minebea Co Ltd following charges by US manufacturers that the Japanese company has been dumping its Thai-made products, Commerce Minister Subin Pinkayan said. He said a 17.83
        Reuter  -  244 words
      • Article, Illustration
        Lock icon Fifth straight record
        536 22 Tokyo Reuter TOKYO share prices recovered from minus territory to close at a record high for the fifth straight session yesterday, brokers said. The Nikkei Index rose 80.69 points, or 0.28 per cent, to a record close of 29.076.81. It was up 166.71 points on Wednesday at
        Reuter  -  536 words
      • Article
        Lock icon Jakarta's OTC to start soon
        183 22 Reuter JAKARTA'S new over-the-counter (OTC) share market could start as early as this month, National Development Bank (Bapindo) Director Syahrisal said. "The OTC could start by the end of this month. The only company which has been confirmed on (the) list is PT Zebra Taxi,"
        Reuter  -  183 words
      • Article
        Sony profits more than trebled
        96 22 PROFITS are in full crescendo at Japan s Sony Corporation but a further rise in the yen's value could make the electronics giant go hoarse. "Everything's been going right for Sony.'' said an analyst with Salomon Bros Asia. Sony more than tripled profits to 29.18
        96 words
      • Article
        Lock icon New Zealand: Lower close
        46 22 Reuter THE NEW ZEALAND share market closed sharply lower yesterday after catching fallout from Wall Street and brokers said its j future direction depends on the US market. The Barclays Index plunged 36.16 to 1,911.45 after Wall Street's 39- point fall. Reuter
        Reuter  -  46 words
      • Article, Illustration
        Shares finish slightly higher
        1344 22 Hongkong HONGKONG share prices ended slightly higher in steady trading yesterday despite blue chips on Wall Street sliding to their lowest levels since early September on Wednesday. The Hang Seng Index closed 1.91 points up to 2,568.79, while the broad-er-based Hong Kong Index added 2.09 to
        1,344 words
      • Article, Illustration
        Lock icon Sharp drop in prices
        537 22 Australia Reuter AUSTRALIAN shares closed sharply lower yesterday as the slide which started on Monday continued. One broker said the main index, which dropped below the critical support level around 1,500, was being pushed down by interest rate pressure and the rising Australian dollar. He said
        Reuter  -  537 words
      • Article
        Taipei: Stocks close firmer
        474 22 MOST share prices in Taiwan cloaad higher yesterday after a day of nervous heavy trading that sent the index wobbling, dealers said. The weighted index cloeed 49.0 points, or 0.7 per cent, higher at 7,139 89 against Wed needay's 7,090.89 finish and a high of 7,153.21
        474 words
      • Article
        Lock icon Bangkok: Shares edge down
        157 22 Reuter THE SECURITIES Exchange of Thailand Index fell 2.07 points yesterday to 413.46 on a turnover of 4,101,688 shares worth 303.16 million baht. NO' AMT Ao Kham Thai 374 2 Ayudhya Invaatmanl 306 Bangkok Agro-ind 107 unch Bangkok Bank 201 -2 Bank Of Ayudhya 362 -2
        Reuter  -  157 words
      • Article
        Lock icon Bombay: Shares end firm
        86 22 Reuter BOMBAY share prices yesterday firmed on reports of victory for Benazir Bhutto's Pakistan People s Party in Pakistan's general election, though they came off their highs later. Brokers said a Bhutto government might bring improved relations between India and Pakistan, with less tension on the
        Reuter  -  86 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow plunges to 2½-month low
        849 23 New York Reuter A SEPTEMBER US trade deficit report that came in on target provided some temporary relief to a nervous Wall Street market on Wednesday, but the news was not enough to stop blue chips from sliding to their lowest levels since early September.
        Reuter  -  849 words
      • Article, Illustration
        Lock icon Equities recover from early fall
        922 23 London Reuter EQUITIES on the London market opened lower yesterday in response to the sharp fall on Wall Street on Wednesday and the continuing decline of the US dollar. Dealers said the Wall Street fall (39 Dow Jones points or 1.87 per cent) was particularly
        Reuter  -  922 words
      • Article
        Untitled
        1098 23 Selected indices HONGKONG Hongkong Index Thursdoy 1.694 57 Wednesday 1.692 48 Week ago 1.697 99 Hang Seng Index Thursday 2.568 79 Wednesdoy 2.566 66 Week ogo 2.577 01 All Industrials Thursday 2.4642 Wednesday 2.5072 Week ogo 2.569 1 NEW YORK Dow Jones Wednesday *****8 Tuesday 2.***** Week ogo 2.***** TOKYO
        1,098 words
      • Article
        BA pre-tax profits down by £10m
        120 23 BRITISH AIRWAYS has reported pre-tax profits of £222 million (US$4OO million) in the three months up to September, down from £232 million for the same period in 1967. But analysts had expected even lower profits and the recently-privatised British carrier's shares rose one penny
        120 words
    • Article
      Lock icon Bhutto's party assured of plurality
      494 24 President urged to let PPP form new government AP BENAZIR BHUTTO urged Pakistan's President to call on her to form a new government as election results showed her Pakistan People s Party winning solidly in parliamentary elections. Voters "have given a mandate for democracy, dignity
      AP  -  494 words
    • Article, Illustration
      Lock icon Time of superpower dominance over, says China
      390 24 UPI CHINA believes that the time of dominance for the superpowers in world affairs is over, Chinese Premier Li Peng said yesterday. In an address to the National Press Club in Canberra, Mr Li said he welcomed "signs of ease of tension in
      UPI  -  390 words
    • Article
      Lock icon Siemens-GEC £1.7b bid for Plessey
      401 24 FT SIEMENS of West Germany and the General Electric Co of Britain, two of Europe's largest electronics companies, have teamed up to launch a £1.7 billion bid for Plessey, the UK defence and telecommunications group, in a move which heralds a further shake-out in the
      FT  -  401 words
    • Article
      Lock icon KL exempts more items from goods vehicle levy
      225 24 Bernama SINGAPORE-BOUND LORRIES carrying sugar cane and 10 othar items are now exempted from paying a Msloo levy at the Johor causeway exit point with effect. This ruling by the Malaysian Finance Ministry, which took effect from Nov 3, brings to 80
      Bernama  -  225 words
    • Article
      Lock icon New Umno to lodge police report
      100 24 Bernama THE NEW UMNO Youth will lodge a police report against a leader of a splinter group who is alleged to have accused Prime Minister Datuk Seri Dr Mahathir Mohamad of being a communist and making efforts to bring about a commu-nist-style administration. New
      Bernama  -  100 words
    • Article
      Lock icon KL urges harmonisation of investment policies
      395 24 Bernama MALAYSIA has called lor the harmonisation of investment policies among Asean member countries to garner greater collective effort in attracting foreign investors to the region. Trade and Industry Minister Datin Rafidah Aziz said yesterday in Penang that while harmonisation of investments might be
      Bernama  -  395 words
    • Article
      Lock icon US could face crisis on tax issues
      151 24 AFP THE UNITED STATES could face a crisis in the issue of taxes because of Presi-dent-elect George Bush's vow not to raise them, an influential US Member of Congress warned in Hongkong yesterday. "I think there's a good possibility that we will wait
      AFP  -  151 words
    • Article, Illustration
      Tokyo unlikely to affect regional markets: NYSE chief
      454 24  -  By j ANDREA BORCH NEW YORK Stock Exchange chairman and chief executive officer John Phelan. on a maiden visit to Singapore, said yesterday the size of the Tokyo stock market should not affect the development of markets in this region. Predicting that
      454 words
    • Article
      Lock icon Comex gold
      100 24 Reuter COMEX gold futures retreated to unchanged at the close yesterday with concern over a possible hike in the US prime lending rate countering foreign buying against a depressed dollar. A narrowing US trade deficit in September was in line with expectations. Gold for delivery in December backtracked
      Reuter  -  100 words
    • LATE FILE
      • Article
        Lock icon China softens stance on HK
        50 24 AFP CHINA seems to have softened its stance and gives concessions to the British colony's future administration when it reverts to Chinese rule in 1997. Hongkong newspapers reported yesterday. The move was seen as giving Hong Kong a higher degree of autonomy to China. AFP
        AFP  -  50 words
      • Article
        Lock icon Slower Manila growth forecast
        71 24 AFP Philippines' gross national product growth could slow down next year to 4.5 per cent due to an overheated economy, an analyst of the country's largest commercial bank said in Manila yesterday. Bank of the Philippine Islands senior economist Rolando Valenzuela said a forecast showed economic
        AFP  -  71 words
      • Article
        Lock icon Chun to clarify next week
        67 24 AFP SOUTH Korea's embattled ex-president Chun Doo-Hwsn will publicly "clarify" alleged wrongdoings during his eigHt years in power early next week, an aide said in Seoul yesterday. Mr Chun, who has been a virtual recluse since stepping down last February, would explain his record in
        AFP  -  67 words
      • Article
        Lock icon Aged lawmakers to retire
        70 24 AFP TAIWAN'S Executive Yuan (Cabinet) passed draft legislation yesterday calling for the retirement of aging lawmakers, fulfilling another political reform initiated by late president Chiang Ching-kuo. The legislation, which still needs parliamentary approval, affects most members of the Legislative Yuan, supervisory Control Yuan and National Assembly
        AFP  -  70 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      65 19 for Sale by Tender 4fc L. TECK HUAT CHAMBERS 593 HAVELOCK ROAD (Outside CBD) I A 4-storey commercial building with a basement carpark. TENURE: Freehold SITE AREA: Approx. 491.8 sq.m BUILT-UP AREA: Approx. 1,835.4 sq.m TENDER CLOSES ON 2 DECEMBER 1988 AT 3.00PM Tender documents are available at: DEBENHAM TEWSON
      65 words
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      Page 19 Advertisements Column 2
      270 19 Financial Newsmakers Write an essay of up to 1,500 words on 'Global City Global Business'. It could win you a management course in USA, Switzerland or Australia. The need is for Singapore businesses to take up the global challenge. Time is running out. Competition for goods, services and ideas no
      270 words
  • Page 19 Miscellaneous
    • Miscellaneous
      Page 19 Miscellaneous Column 1
      23 19 HftWfiO f tfft£> c/txj ftTOVS /A/7& 7JS£ W£l«/ <UA/*3o rc*/*e AW £>AC/ A€VV C TV? 3£-*r-£CC*/M£ 30/£P/M2> /A/7Z&SA/S r4>; by Martell 7V£T*U**7; ss
      23 words
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  • Page 22 Advertisements
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      1165 22 SINGAPORE TOURIST TENDER NOTICE I Historic Telok Ayer Market, strategically situated at the bustling crossroads of Robinson Road/Cross. St/ Boon Tat St/ Raffles Quay, is now open to tender for adaptive re-use as an upmarket food cum entertainment centre. The building has been gazetted as a national monument under the
      1,165 words
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      Page 22 Advertisements Column 2
      213 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant To Section 290(2)(b) VEMA ASIA EQUIPMENT PTE LTD (In Monitor*' Voluntary Winding-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 15 Beach Road #03-02 Beach Centre Singapore 0718 on Monday, 14 November 1988 at
      213 words
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      Page 22 Advertisements Column 3
      11 22 Market reports and prices lor Manila and Saoul were not available
      11 words
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      560 23 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF HEBRON INVESTMENT PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company duly convened on Wednesday, 16 November 1988. at 10.00 a.m., the following resolutions were duly passedRESOLVED: SPECIAL RESOLUTION (a)
      560 words
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      Page 23 Advertisements Column 2
      738 23 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND PASIR PANJANG PARADISE PRIVATE LIMITED (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 306 of the Companies Act. Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be held
      738 words
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      Page 23 Advertisements Column 3
      675 23 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF MACROTRADE PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of Macrotrade Pte Ltd duly convened and held at 10 Collyer Quay #21-01, Ocean Building. Singapore 0104 on
      675 words
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      Page 23 Advertisements Column 4
      845 23 NOTICE NOTICE IS HEREBY GIVEN that, I Loh Teck Lian of Blk 133 #02-420 Lorong Ah Soo Singapore 1953, have applied for a Beer House First Class licence in respect of premises at M/s Champion Eating House, at Blk 136 #01-1429 Bedok Reser voir Road Singapore 1647, and that this
      845 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      318 24 Is Number One! The building which changed the skyline of Shenton Way ir 3QI 'jasL !—jD IF YOU'RE GOING to move office this year, you must first see this remarkable building. 0 Excellent business location 0 MRT convenience 0 Classic identity 0 Extra quality finishes 0 Maximum flexibility for tenants
      318 words
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      Page 24 Advertisements Column 2
      8 24 Graanapan's remark adds to mart at fear*. PAGE
      8 words
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      Page 24 Advertisements Column 3
      176 24 Tha alhrar report was not available at praaa-tima yaatarday. At Cariton's Cafe Victoria, Nasi Padang returns to Bras Basah every Sunday. i. i 'CT sfc 11 Even though we're a new hotel, we have a decent respect for tradition. H| And one that's very close wmmm to us is the
      176 words
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  • SHIPPING TIMES
    • Article
      PIL teams up with Salen to own and manage ships
      401 25  -  By JUNE LIM PACIFIC International Lines has teamed up with the Sajen Group of Sweden to own and manage ships. A joint venture company, Oriental Shipinvest, was formed in June with PIL holding 60 per cent stake and Salen, 40
      401 words
    • Article
      Lock icon MOL plans to revamp its affiliates
      185 25 Reuter MITSUI OSK LINES plans to reorganise its affiliates to combat the slump in the shipping industry, a company spokesman said. Mitsui will transfer all ships and crew members of its shipping subsidiaries Nihonkai Steamship Co Ltd and Shin Yei Steamship Co Ltd to
      Reuter  -  185 words
    • Article
      Lock icon PAT three gantry cranes set to start operation soon
      195 25 Bangkok Post THREE gantry cranes imported to Thailand by the Port Authority of Thailand are set to begin operations within the next two weeks. The three cranes are being installed on wharves A, B and C. Once they are in operation,
      Bangkok Post  -  195 words
    • PORTSIDES
      • Article
        Lock icon Dolphins save sailors
        129 25 Reuter IN ROUGH SEAS off the coast of Indonesia, a school of dolphins nudged and guided two shipwrecked sailors through the night, bringing them to the safety of a small island. The men were then able to raise the alarm and rescue teams plucked another nine of
        Reuter  -  129 words
    • Article
      Lock icon Uncertainty looms over Panama Canal's future
      1461 26 Seatrade Business Review JUST ABOUT the only thing which the US administration and Panama's durable leader, General Manuel Noriega, appear to agree upon is that they will not allow their bitter dispute to affect the workings of the Panama Canal. The US economic blockade
      Seatrade Business Review  -  1,461 words
    • Article
      INDEX TO ADVERTISERS
      1092 26 AB Shpg VI S ABSS Shpg XII 1 ABC Contamar 1 Accord Shpg v» s Adrich Shpg K 1 Ahrankial liaar XI 4 Aitirons n 3 AC Toaptar xa 9 Aaaricon Tp» XI 4/5 Anro Same* VI 2/3 Arrow Imas a 5 Am* Ocaon XII 4 Assoc
      1,092 words
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      Singapore revisited
      1368 28  -  By LINDA CHEE WHEN STANLEY JOHNSON stepped off the ship's gangway all goggle-eyed after four weeks at sea, Singapore greeted him with an air of intense excitement. It was Feb 28, 1939. The island, lushly green from afar, was waking up from a long bout of recession following
      1,368 words
    • Article
      SHIPPING EVENTS
      191 28 Nov 15-17 Holland Offshore 88, Congress and Exhibition, International Exhibition and Congress Centre, RAI, Amsterdam, The Netherlands. Nov 15-18 First International Conference on Chemical Spills and Emergency Management at Sea to be held at the RAI Exhibition Congress Centre. Amsterdam. Contact: C Kingmans, TNO Corporate Communication Dept. PO
      191 words
    • Article
      Lock icon Montevideo paralysed by strike
      109 28 Reuter ACTIVITY at the docks in Montevideo. Uruguay's main seaport. is at a virtual standstill due to a strike, port administration sources said. They said port workers went on strike indefinitely on Monday after pay talks broke down. Port workers have for two months been demanding
      Reuter  -  109 words
    • Article, Illustration
      Lock icon Underwriters facing more claims for bulk liquid cargo losses
      608 28 Fairplay LIQUID cargo losses are an increasing source of claims under marine cargo policies. This was made evident at the recent International Union of Marine Insurance Conference in Sydney. London underwriter Tony King, chairman of the lUMI Cargo Loss Prevention Committee.
      Fairplay  -  608 words
    • Article
      BUNKER REPORT
      530 28 Density Water Carbon Residue Ash i Sediment KG/M*3 V/V M/M M/M PPM %NVM ISO/Clmec limits Spec E25 991 1.0 15.0 0.10 30* 0.15* Spec 035 991 1.0 18.0 0.15 30* 0.15* Northern Europe 180 Ave 961 0.2 12.6 0.04 9 0.04 180 Max 992 1.8 16.4 0.11 52
      530 words
    • Article
      Lock icon EC accepts Japan's ship finance proposal
      403 29 Reuter THE European Community (EC) has accepted a Japanese proposal to introduce commercial interest reference rates (CIRR) for ship financing, an Organisation for Economic Cooperation and Development (OECD) official said. Japan took the accord, reached at OECD s shipbuilding panel meeting in Tokyo this
      Reuter  -  403 words
    • Article
      Marina intends to deregulate liner shipping
      172 29 THE PHILIPPINE Maritime Industry Authority (Marina) intends to deregulate domestic liner shipping starting January 1989. one year ahead of schedule Deregulation of liner shipping is part of the five-year development plan prepared by Marina. It will be done in several phases, starting with a
      172 words
    • Article
      Rescuing Oakland
      77 29 VIETNAMESE rescue workers are attempting to rescue a US cargo ship being driven by typhoon winds towards the central Vietnamese coast, radio Hanoi reported. The Vietnamese language broadcast said 17,249-ton Oakland, registered in Port Wilmington, has been in trouble in typhoon seas since Nov 7. It said "a
      77 words
    • Article, Illustration
      Lock icon Morflot undergoing rationalisation
      256 29 Fairplay THE MOSCOW Ministry of Merchant Marine, Morflot, is still undergoing widespread rationalisation of divisions and departments as the administration is adjusted to suit decentralisation. Since July this year the management functions of the ministry have been re-defined, and the main consequence has been a reduction in
      Fairplay  -  256 words
    • Article, Illustration
      Fruit Terminal Rotterdam opens second warehouse
      314 29 ROTTERDAM'S FRUIT Terminal has a new cold store at the Merwehaven. The refrigerated warehouse, which opened on Sep 1, is the second that Fruit Terminal Rotterdam has built. A third will be added next year. Fruit Terminal Rotterdam is a joint venture between two
      314 words
    • Article
      Lock icon Sri Lanka orders workers to be detained at work
      195 29 Reuter SRI LANKA has ordered that more than 600 port workers complying with a Marxist-led strike be detained at work to ensure the port ran smoothly. "Under the detention order they are barred from leaving their offices," National Security Minister Lalith
      Reuter  -  195 words
    • Article
      Tilbury port to spend £5 million on facilities
      77 29 THE UK PORT of Tilbury is to spend £5.5 million on improvements in facilities and equipment in efforts to boost business The breakdown will include £2 million to expand facilities at the Northfleet Hope container terminal; a £1.5 million scheme to almost
      77 words
    • Article
      Negotiator still locked in negotiation
      126 29 THE PHILIPPINE government is still locked in negotiation for the release of the hijacked Negotiator, which has been detained since July by the Chinese authorities because the state-run Asset Privatisation Trust in Manila has refused to settle a US$l.l3 million claim from a Chinese salvage
      126 words
    • Article
      LONDON FREIGHTS
      1276 34 RATES looked firmer on Wednesday for Panamax bulk carriers loading grain in tfie US Gulf but reports two vessels were secured for voyages to the Netherlands at lump sums equal to U5513.50 and $14 with fairly fast load/discharge terms are understood to be premature, shipbrokers said Fresh interest
      1,276 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7427 34 AARNU6 Uiuram Diaaagetn Nov 16/19 ViUe de VMti CM 0 Atrettement No. IS Ming Propitious Yang Ming Nov 20 NM Oelfl ScanOutcht Nov 21 Chun He China Ocean Nov 21 Kaga Triot Nov 22(PK). Eva' Qarlano Evergreen Nov 22 AMI Maarsk MaarW
      7,427 words
    • Article
      SHIPS IN PORT
      1386 34 AT CONVENTIONAL WHARVES VmmI Barth Arrival Departure KEPPEL WHARVES Adityo Vornti K30 alongside IS 11/1800 Boogobillo C09 alongside 1? 11,0700 Cottbus K28 olongside 1911/1800 Janunn K22 olongside IS II <0700 Kola Berani K36 alongside 21 11 0600 Kola Woruno K3I alongside *****(00 Kortanaar K36 alongside 2011/1000 Krnica
      1,386 words
    • Article
      Lock icon Barclay twins in shipping deal
      399 38 FT THE BARCLAY twins, the British hotel owners, brewers and financiers, have made an agreed US$67O million bid for Gotaas-Larsen, the Bermudabased bulk shipping group. The deal takes the pair back into shipping almost exactly three years after they sold Ellerman Lines, one of the
      FT  -  399 words
    • Article
      Lock icon Delays at Ventspils
      77 38 Reuter THE Soviet Union has advised customers that naphtha loadings from the Baltic port of Ventspils will be delayed by 10 to 14 days due to jetty repairs. Trade sources said they had heard of several companies receiving telexes from the suppliers, notifying them of the delays.
      Reuter  -  77 words
    • Article
      Lock icon New Zealand Shipping Corporation incurs losses of NZ$40 million
      254 38 Lloyd's List THE New Zealand Shipping Corporation, which is at the centre of a row with seafaring unions, has run up losses this year of NZ$4O million. But there is reported to be no reduction in the number of foreign companies
      Lloyd's List  -  254 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      686 25 w TIMES STP Distributors dedicated to Qualify Service 200 Cantonment Road, f 12-05 Soumpwn. Singapore 020* V *****11 Tarn RS ***** FicumM 22*0209 TERMINALS TH *****11. *****19. *****20 FOR CUSTOMER SERVICE INOUIRIES ANO BOOKINGS Tel: *****3Q4 PfUKA JAROME IHIPPtNS AMNCIEB lON BHD PORT KELANG T* 36M111 TM> MA *****/ MA
      686 words
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      Page 25 Advertisements Column 2
      128 25 mm JUST ABOUT the only thing which the US administration and Panama's durable leader, General Manuel Noriega, appear to agree upon is that they will not allow their bitter dispute to affect the workings of the Panama Canal. The US economic blockade of Panama continues, following the freeing of the
      128 words
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      Page 25 Advertisements Column 3
      702 25 hi, TIMES STP Distributors frmes PuMt/Mng Croup MAERSK LINE 1 THE DETERMINED UNE! Th« week AXEL M Cosing T«ne CY 23/11 2300 MRS CFS 23/11 1300 MRS To Europe—UK- Scandinavia- Finland ANT 2/12 i 27/12 28/12 29 12 30/12 1/1 29/12 To Mediterranean Sea This week Ami M Closing Tune
      702 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      651 26 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTIN6 CARGO TO. ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTEROAM. CARIBBEAN I S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO HAMBURG HONG KONG EXPRESS CITY OF EDINBURGH LARGS BAY MEONIA BREMER- R DAM/ SOUTH- KAOHAVEN ANTWERP LE
      651 words
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      Page 26 Advertisements Column 2
      18 26 Lines and services represented by Members of the Registry of Accredited [JjfQiwM Shipping Agents. Singapore National Shipping Association
      18 words
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      Page 26 Advertisements Column 3
      572 26 !EI C SAV Corrpan'3 Sud Arr.oriconj do Vjporcs S A Crovjn Unc EXPRESS SERVICE TO/from CHU ruou CSAV 3 CSAV 1 CUV 2 S'POtE urn mi 2*12 ■OTNER VESSEL MK TOKO MICA (QQ ANTOTVALP SAI tsu fumeana vnuaoi uru w w im m C VESSEL I*l2 3*12 t/2 I*2 A
      572 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1194 29 £3 The Straits Steamship Group P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT. CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PIONEER VOBN 20-21 Nov 24-2S Nov PEGASUS PROGRESS VS4IN 24 25 Nov 21-29 Nov BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 SINGAPORE TO SABAH.
      1,194 words
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      Page 29 Advertisements Column 2
      68 29 NOTICE M.V. PACIFIC TIGER' Voy 1 ARRIVED SINGAPORE 9.11.88 Consignees of all damaged cargoes ex the captioned vessel are hereby notified that a General Survey will be held on the 18th November 1988 Friday i at Keppel Wharves K2O from 0900 hours 1200 hours. No further survey will be entertained
      68 words
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      Page 29 Advertisements Column 3
      130 29 EUROPE LONDON SENATOR TOKYO SENATOR NEW YORK SENATOR BREMEN SENATOR ACCEPTING CARGO TO FROM HAM ME OTHER UK PORTS ON REQUEST OUTMORO LONDON SEN EF 124 1711 CP HAT OR TOKYO SEN EF Ml ll.lt JCHMivn lEV Kl Ef mn it L Iff IE HEf SEN |EF m [»7JI USA/PANAMA
      130 words
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      Page 30 Advertisements Column 1
      554 30 ELS I NOSE mWO^M MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading for:IRAN MAHALLATI PJL666 22 Nov BANDAR ABBAS Tkyowv KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI HK LOAD FOR: KYOWA VIOLET V 22 3/12 VILA, NMA. LTK, SUVA, PAGO, APIA KYOWA HIBISCUS V 34 27/12 VILA.
      554 words
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      Page 30 Advertisements Column 2
      805 30 SCS.LINE FULLY CONT AINER I S E D SERVICE TO EUROPE VIA SUEZ Mrmber of the Act Consortium i FROM [JROPE Vlft bUtL A Member ol thf Ace Consortium tllllY CONIfIINfP.SfD TO fROM NOR'H AMfRICA WfS! CPASi CONVENTIONAL SERVICE TO PERSIAN GUI F< GEN AGENTS: CROWN MARINE CO (PTE) LTD
      805 words
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      Page 30 Advertisements Column 3
      177 30 ri m TTTTTT SOUTHE ASTASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS GUARANTEE WEEKLY CONSOL FROM PT. KELANG HONG KONG EUROPE/UK Accepting FCL and LCL nun 11l Tib 33MC11 ■win sat mm. t* rimm r* WDM STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA SIN HAL* CAL CBO MAO I. COURIER
      177 words
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      Page 30 Advertisements Column 4
      1269 30 V A EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ruco mur... H C KLC PUS OS* TYO CHS EVER CARDfE Jjjj 2JJ W1 *11 BU B/U K)U tuco Sinml 8W ®02 07/12 0102 11/12 li{l2 mu EVER SAND VM K(H lvu l1!U a/u 24/12 rut! Srr 13/12 17/U 2D/12
      1,269 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      853 31 PACIFIC INTERNATIONAL LINES A\ik\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE I VESSEL SEA HAWK MAJAPAHIT SEA HAWK SEA HAWK GOWA VESSEL SEA GLORY MAJAPAHIT KOTA MELATI SEA GLORY KOTA MELATI SIN SBV SMG SIN SM SM
      853 words
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      Page 31 Advertisements Column 2
      426 31 \tdT\ B EN LINE X CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS j TASMAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE HKG NOUMEA SUV/ 30/11 ER BRUSSELS JS
      426 words
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      Page 31 Advertisements Column 3
      543 31 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 VSL/VOY L.J BONTANG/16WB SRIWIJAYA/2SWB KUTAI/16WB ANTWERP H BURG/ ROAM/ADAM BREMEN ZiH 26/1 1/2 6/2 23/2 26/2 Sub|ecl to Inducamant Also •ocopttng cargo to CasaManca, Port
      543 words
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      Page 31 Advertisements Column 4
      376 31 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR PA SHIPPIM6 CORPORATHIM (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok PAGAN VI33W a/a No* HTONEYWA VTJ9M 29/30 Nov PA-AN VI3IW 30 No*' 2 Ooc BANK LINE SEMI-CONTAINER SFRVICF NORTHBOUND TO UKC CLYDEBANK V24N TAMAITAI SAMOA VI4N FORTHBANK V23N SPORE ROAM HULL
      376 words
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      Page 32 Advertisements Column 1
      698 32 KAWASAKI KISEN KAISHA, LTD. K'unb ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE N. AMERICA-ATLANTIC COAST FEEDER VESSEL ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE N. AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL KOREAN JACEWON SEVEN SEAS BRIDGE KOREAN CHANCE ACE CONCORD N. AMERICA PACIFIC NORTH-WEST ■export I NEPTUNE RUBY NEPTUNE
      698 words
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      Page 32 Advertisements Column 2
      332 32 msE3EEma NEDtLOYD COLOMBO 6437G CANOPUS 0803G OSAKA MARU 5542 C JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE 0208 Tel: *****11 TELEX NO: RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS TH. *****34 235 vs\ \Q\DOMGIUAMA i_ii\ie S PORE P KELANG PENANC INCNON BUSAN BUSAN GLORY
      332 words
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      Page 32 Advertisements Column 3
      730 32 'M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P AeUnf Ptmnj La*din| tor Mother Vsl By feeder By Feedtr TULSIDAS *3» n Nov 21 Nov 21 Nov f rem Meib Sydn A KALIDAS V4O 30 Dec 23 Dec 23 Dec f>em IMb Sydn, A TULSIDAS *39 22 jwt 15
      730 words
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      Page 32 Advertisements Column 4
      540 32 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23, T«M Ajr« Strwt SINCAPORE OM TEL SMJM (10 LINES) Fai BUM STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN CotombO'Kjraclii Dubai Otmm*n GOLDEN BEAR Colombo KaudtaDubft CHINA SERVICE A VESSEL Hutntpu Sluntlui S'pore P Keiang Penjrig 27/ a Nov 11/20 OK CHINA OCEAN SHIPPING CO.,
      540 words
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      Page 32 Advertisements Column 5
      418 32 1 Ml I PHILI-Oni€NT LINCS PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -07 1? AFRO ASiA BUILDING SINGAPORE 0105 TELEK RS ***** PHILI FAX *****76 ETA SINGAPORE I DESTINATION 21/11. 2/12 VU. 14/12 2VU. 2/12 21/11. xm Ll NEW GENLORD 21/11 EAST/WEST AHHCA/m. *TBN 1/12. W/12 27/11. 4/12 DUBAI DAMMAN
      418 words
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      Page 33 Advertisements Column 1
      850 33 NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA \l/ Gonorol Enquiries: Twl: 271M77 H H H Tel No Terminal CFS BOOKINGS *****22 *****53 HHH P Kelang NEPLINE SON. BHD KBNB7 i-r ,r- K lumour NEPLINE SON BHD *****H NEPTUNE OR ENT L NES LTD Pw,n NEPUNE SON.BHD IWSWPWWB JBahru NEPLINE SDN.
      850 words
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      Page 33 Advertisements Column 2
      505 33 HEUNG-A SHIPPING Korean Flag Vessels SEMI CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, KEELUNG. BUSAN. INCHON STRAITS/KOREA SERVK VmmTi Name ETD BS S PORE PKLG KEE NO I DONAM/V9N 81/11 In Port 20-21/11 27-77^1 'DRAGNET 103N IVII NO 9 DONAM/lION 20/11 fGLORIA/tIJN 23/11 NO I DONAM/lION 02/12 #DRAG£NT/®4N 01/12 22-23/11
      505 words
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      Page 33 Advertisements Column 3
      734 33 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 ***** PENANC P KEIAMC MESSRS MAI THONC SNIPPING 127 Pwunj Street Pena<* Malaysia M/S HANDLING SYSTEM CO SON
      734 words
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      Page 34 Advertisements Column 1
      223 34 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 Lines! FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA LARNACA ACCEPTING CARGO FOR LIM ASSOC BEIRUT. LATTAKIA ALEXANDRIA.
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      Page 34 Advertisements Column 2
      92 34 K. line: WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN CI G3 Qfl 09 dl C 3 021 £3 C 3 E2H B3BSilE9EaE3EEmi(2ilttifl isaisiEßisiiiiiafiSiGsasiQaGsa ******************** HEMKS ACE Vl» •WMkly LCL mtvicm to Kaohsiunf. K*tlun(. Tokyo and Kotw FROM JAPAN TAIWAN EIE3Cai23C3ICSIESJiOC3QB auaaaoiuitauiaGJ igjgjgjjmo3lSlElß3SHßl yaHyyHHHtai HERMCS ACE VW TSKLINE
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      174 34 I Regional Weather 1 fi m %s* y. 'I Va -y I S 5S CH 5^ •v r1 I < K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Nov 11. 1968 R c /C\ Sho*et Weather <J#e(»,on ».rh speed knot* Ro«n vj Cloud, Sk, h ~> M Sw'foce »»«d*
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1552 35 hCSP CSP SHIPPING AGENCIES PTE. LTI Tel: *****66 (16 Lines) Fax: *****61 Tlx ***** CSPFRT LCL FIXED CONSOLIDATION TO:MARSEILLES/GENOA M 1 L T TOKYO/KOBE/OSAKA S pore to USA (ALL PORTS) S'pors to Auckland S'pore to Antwerp S'pore to Fremantle S'pore to Busan S'pore to Chittagong S'pore to China (All Ports)
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      Page 35 Advertisements Column 2
      327 35 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 0 IRAQI LINE IRAQI STATE ENTERPRISE FOR NARITIPE TRANSPORT WEST BOUND SERVICE ETA S'PORE LOADING FOR MV ALKINDI 5/12 Aqaba. Baghdad EAST BOUND SERVICE ETA S'PORE LOADING FOR MV SINO6AD 30/11 Japan THROUGH B/Lt to BAGHDAD UPON
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      510 36 FINE-LINER SHIPPING PTE LTD /O Shenlon Wiy. 04 02C Mirina House S pore 0207 TEL ??***** (8 L.nes) TLX RS ??«1 FLINER TAX 22M* EUROPE SERVICE (FCL LCL) MIDDLE EAST SERVICE (FCL LCL) iWi IBQ OUi SMJ AM DAM KWT iAK DOM am vu w tutu »u iw w urn
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      Page 36 Advertisements Column 2
      808 36 Z I M rUIL CONTAINER SERVICE accepting FCL/LCL urpn to USA East A West Coast Cimbbwn Ejtt Canada HAITI. Costa Ricj El Salvador. Guatemala Hondurat Venezuela. Peru Ecuador Colombia via Miami. Trinidad. Sartedo* Antwua SI Lucia. Montsarrat. Guayana via Kinfiton AUSTRALIA CONTAINER SERVICE ACCEPTING CARCO TO AOEIAIOE VIA MELBOURNE AND
      808 words
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      Page 36 Advertisements Column 3
      157 36 2 S 06 VAPOREB (j 5 "PERUVIAN STATE LINE" g (5 LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHCR wL r u Tt mm M tY yff U U Ju Everett Steamship Corpn.S/A PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA SINGAPORE ETA
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      481 37 jeuro tfmwmim services SEABRIDGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FRO* SINGAPORE PORT KELANG PENANG UK. HAH ITU, L. HAVRE, ANT. GENOA. ARAMUS, STOCKHOLM, Htt, CPH. GOTBC, MARSEILLES. OLSO ft ALL INLAND DESTINATIONS POINTS. SEABRDI6E FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCiyLCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG BKK. JKT,
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      Page 37 Advertisements Column 2
      281 37 Consolidation Service SIN: 30/11 PT MORESBY/LAE PACIFIC ISLANDS SIN: 30/11 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS 0 TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAHAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** JAVELIN SHIPPING PTE LTD TEL *****55/*****56 JAVSLM UNI VS4. ETA FELIXSTOWE
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      Page 37 Advertisements Column 3
      543 37 TEL: *****11 FAX: *****47 TELEX: R8 ***** SKHST LCL/FCL SERVICE JENHOL V.9IN JENWEL V.9IN 20/11 20/11 JAKARTA JAKARTA ALSO ACCEPTING CARGO TO E MALAYSIA. BRUNEI. EUROPE. USA CANADA uuvy LUCKY SEAWAY SERVICES PTE LTD Tlx: ***** Far *****77 ASEAN/CHINA SERVICES SGP P.KLANG P. CUOANC KTN FOR C N CHENG 22/11
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      Page 37 Advertisements Column 4
      528 37 GLORY NAVIGATION GROUP TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' GLORY SELATAN IX Voy 11 Nov GLORY StLATAN VII 25 No* PN BLW KAON It Nov 27 No* 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM
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      Page 37 Advertisements Column 5
      414 37 PTC CONTAINER LINES FCL LCI SERVICE Pic GftOuP l!N m EAST 24/11 KEELUNG/KAOHSIUNG 21/11 BANGKOK 26/11 MANILA 26/11 JAKARTA 26/11 PORT KELANG/PENANG 21/11 BUSAN 21/11 TOKYO/YOKO/KOBE 28 11 HONG KONG also accepting cargo to Huangpu Shenzhen Fuzhou Xiamen/ Xmgang/Shanghai MM EUROPE UK 23/11 RDM/HAM/ANT/LE HAVRE/GENOA 23/11 LDN/FLX/LVP/SOU «n waum 27/11
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  • Page 38 Advertisements
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      Page 38 Advertisements Column 1
      503 38 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX RS ***** RS ***** H I] t I \S||R\( R I IM K. III) J STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! SEA TRONO ASIAN SEKI VESSEL CLIPPER KATSUYAMA 111 73 LARK* VOY. NO Sport P. Kelang
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      Page 38 Advertisements Column 2
      286 38 \'C^r o COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEM-COWTAICF SERVICE TO NORTHBOUND TO UKC S PORE RDM/ADAM HBG HULL (U.K.) CLYDEBANK V24N 19/11 18/12 22/12 25/12 TAMAITAI SAMOA VI4N 9/12 S/l 9/1 13/1 FORTHBANK V23N 27/12 25/1 29/1 1/2 •Alio Accepting FCI to Antwerp/lrwwi/fe<iutow«/Sovthimp«o«VSe#f«VCotiw*uri (ASIA-SOUTH PACIFIC
      286 words
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      Page 38 Advertisements Column 3
      243 38 te||P.T. MASKAPAI PELAYARA: W PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 '.'.l VSL VOY SIN PKG PEN PKG
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      Page 38 Advertisements Column 4
      829 38 EfiMt TO EUROPE 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 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE 5 T77T TT7T B BUT ARC 50] JT-Y I SURIA 442 OTHER DESTINATIONS: AARHUS, AMSTERDAM. ANTWERP, BASLE BREMEN BREMERHAVEN
      829 words