The Business Times, 30 November 1988

Microfilm: NL16275
Total Pages: 62
1 62 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 WEDNESDAY, NOVEMBER 30, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    273 1 AP Dow up WALL STREET stocks turned higher in early trading, after a mixed opening. Brokers said the market could have been lifted in part by the report of a smaller than expected upward revision in third quarter gross national product. The Dow was up eight at
    AP  -  273 words
  • Article
    Shaw brings subsidiaries under $100 m holding company
    372 1  -  By JOHN TAN SHAW ORGANISATION, one of Singapore's largest movie groups, has brought the diverse activities of more than a dozen subsidiaries under a $100 million umbrella holding company. The new holding company, called Shaw Organisation Pte Ltd, was registered on Oct
    372 words
  • Article, Illustration
    Japanese stocks resume climb
    230 1 AS THE TOKYO stock market resumed its climb after a one-day respite on Monday, other regional major stock markets closed mixed for the day. The Tokyo, market s rebound was sparked off by Wall Street s overnight 6.76-point gain. But some investors were cautious and stayed
    230 words
  • Article
    S'pore in tip-top condition, says risk analyst
    593 1  -  THINGS MAY NOT BE AS ROSY IN ONE TO FIVE YEARS By ANNA TEO SINGAPORE is in its best ever economic and financial condition, says American risk analyst Business Environment Risk Information (Beri) in its latest report on the Republic. The firm's strong
    593 words
  • Article
    US dollar closes steady
    115 1 THE US DOLLAR yesterday moved within a narrow trading range on foreign exchanges in Asia as Monday's hall-point rise in the US prime rate failed to lift market sentiment. Some dealers said the dol-lar-selling mood was reviving as the market had already discounted the half-point rise.
    115 words
  • Article
    S'pore golfers dropped
    58 1 THE LACK of support from Singapore golfers for a Tourist Development Corporation of Malaysia-backed golf series has landed them in hot soup. In what appears to be a retaliatory move, the Malaysian Professional Golfers' Association has taken painful measures against seven Singaporeans who applied to play in
    58 words
  • Article
    Lock icon Malaysia will achieve NEP goals inspite of threats: Mahathir
    315 1 Bernama THE MALAYSIAN government will not allow itself to be deflected from achieving the goals of the New Economic Policy (NEP) inspite of "threats and blackmail by certain parties". Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday. He said the
    Bernama  -  315 words
  • Article
    Lock icon 'Economy to grow by 8.2 per cent'
    165 1 AFP THE MALAYSIAN Institute for Economic Research said on Monday that it had revised its growth forecast for the country's economy to 8.2 per cent for this year, up from 7 per cent projected four months ago. The revised figure compares with a
    AFP  -  165 words
  • Article
    Lock icon Talks with UK can't go on indefinitely, says SIA
    246 1 Reuter SINGAPORE AIRLINES has Mid it cannot afford to allow negotiations to drag on indefinitely with Britain over its request for much needed additional capacity on routes between Britain and Singapore. SI As general manager in the UK, Tommy Kingston, said:
    Reuter  -  246 words
  • Article
    Lock icon Viet farmers urged to go private
    148 1 AFP VIETNAM has adopted a law encouraging the creation of private and family farming and fishing businesses, the official newspaper Nhan Dan in Hanoi said yesterday. The state "recognises the positive impact of (family businesses) and private agricultural businesses, including forester and fishing, with
    AFP  -  148 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      146 1 Cloth by *1 i hrmenegiltfo Zo^na r Mcide in lial> Available at all leading tailors Thorn EMI Rentals How to make a selling proposition with impact. Rather than talk til) you go blue in the face, why not rent the latest audio visual equipment from Thorn EMI Rentals instead? Besides
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      Page 1 Advertisements Column 2
      218 1 Full report, PAGE 18 Reg mkte, PAGE 20 Editorial Comment: 12 Economic policies for the times Trading houses 12 Hurting, but here to stay US retailers 13 Primed for a decent Christmas Salaries 2 Blue-collar rises outpace white Seagate 2 Workforce now in balance Unifying economies 4 Asean warned against
      218 words
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      Page 1 Advertisements Column 3
      226 1 Melwani, exclusively male... •«Ol ianvnMo>ulßuMng(N«tlDUdDTXMWk> myi3 •XB UMMWvna/Hna T»< *****25 •«&a PiuaSmgapura *< 1363*29 Hnß AND CONSTRUCTION A BT SPECIAL SUPPLEMENT TODAY, your copy of Business Times comes with a free 28-page survey of the property and construction markets. If you want to know what the experts have to say,
      226 words
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  • HOME NEWS
    • Article
      Blue-collar pay rises outpace white
      587 2  -  Sharp jump unlikely to be repeated next year, says survey By CHUANG PECK MING WHITE-COLLAR WAGES crept up by about 5 per cent in the year ending last June while production workers' pay jumped 16 per cent according to an annual survey by PA Consulting
      587 words
    • Article
      Rises in S'pore rank low in international study
      317 2 MANAGERS and office workers in Singapore received one of the lowest pay rises this year among countries surveyed by the PA Consulting Group. And they won't do much better next year. Together with white-collar staff in the US and Japan, Singapore managers
      317 words
    • Article
      Telecoms and Science Centre spreading the word about IT benefits
      317 2 TELECOMS and the Singapore Science Centre will join forces in an endeavour to educate the public on the benefits of information technology. On its part, the Science Centre yesterday opened an IT exhibition at the Omni-Theatre. And Telecoms was building
      317 words
    • Article
      Science programme to involve more students
      216 2 MORE JUNIOR college students will be included next year in a programme designed to nurture Singaporean talent in science and mathematics. The programme, jointly organised by the Ministry of Education and the Faculty of Science of the National University of Singapore, was launched earlier
      216 words
    • Article
      More people in CC programmes
      105 2 MORE PEOPLE ara now taking part in community centre activities. Labour Minister Lee Yock Suan noted last night. This, he said, was an encouraging trend which would help accomplish the People Association's aims of community development and nation-building. Mr Lee, deputy chairman of the PA,
      105 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      211 2 KEITH BRUCE BEAVER has been made a director of Chloride Batteries South-east Asia Pte Ltd. Mr Beaver has worked with the Chloride group for 28 years and ia the general manager of Chloride Eastern Industries Pte Ltd, the parent company. A graduate in mechanical and electrical engineering,
      211 words
    • Article
      Heavy deals done during exhibition
      299 3  -  By JOHN TAN MACHINERY SALES and contracts worth more than $24 million were clinched at the recently concluded four-day MetalAsia/AutomAsiaBB exhibition. Exhibitors are confident the show will generate additional orders worth $50 million of sales within the next six months. According to its organisers. Singapore
      299 words
    • Article, Illustration
      No more lay-offs, says Seagate
      492 3  -  Workforce now in balance By ANNA TEO SEAGATE TECHNOLOGY yesterday dismissed ss "plain rumours" a newspaper report that it was likely to retrench a further 1,200 workers. "It's just plain rumours," said James Leßloch of the Lianhe Zao Bao report, which said that a second
      492 words
    • Article, Illustration
      Straits Times launches automated phone service for advertisers
      481 3  -  By JEFFREY TSANG THE STRAITS TIMES Press has launched a new automated telephone service for advertisers. Longerterm plans include a computer link for on-line ad placements from advertising agencies. The new telephone link, launched yesterday, had a very good start, said Tham
      481 words
    • Article
      Chok Tong meets visiting Chinese minister
      100 3 THE VISITING Chinese Minister of Foreign Economic Relations and Trade, Zheng Tuobin, called on the First Deputy Prime Minister. Qoh Chok Tong. yesterday. Earlier. Mr Zheng, who arrived last Sunday, met the Minister for Trade and Industry, Brigadier-General (Res) Lee Hsien Loong. Little was
      100 words
    • Article
      Help for flood victims
      65 3 THAI NATIONALS wishing to lend a helping hand to flood victims in their country should contact the Royal Thai Embassy. The worst floods to hit Thailand in 50 years claimed 124 lives and left the southern part of the country paralysed last week. Whole villages were
      65 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      245 2 Prompt pick-up and delivery 24 hours a day 'x TO m 01 *s*. Q3F PS3 -v n Your brand new Volvo said it all. It confirmed that you'd come up in the world. And it showed that your choice of a prestige car was a carefully considered decision, like the
      245 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      56 3 t CAN RESIST THE MAGIC k V v v\ m a :> o v> .<- O > »>M;I V V y •i? V ,VJ A 6 v V s- SB \L--/ N V #SfS* 4 cc Ti -< i.. xo v n «•> I Sensuously Smooth. Mysteriously Mellow. Gloriously Golden.
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      111 3 mmm Max/ Not* 06/02 Goody 25/20 Cloudy 09/03 Cloudy 27/16 Fin* 10/04 Cloudy 05/01 Cloudy 25/12 Cloor 22/11 Cloor 04-19 Cloudy 21/11 Fin* 25/17 Cloudy 04/01 Cloudy 03/-2 Rain unav 13/08 Cloudy 06/00 Cloudy 02/-2 Cloudy 30/24 Cloudy -6/-14 Ckar 19/11 Show*rs 20/10 Flno 30/24 Cloar 23/06 Cloar 08/05 Cloudy
      111 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Asean warned against haste in unifying economies
      310 4 Reuter AP ASEAN could split apart if it tries to unify the economies of its members too quickly, Philippine Preeident Corazon Aquino said yesterday. She told the Asean Federation of Accountants meeting in Manila that it was Asean's dream to create a regional
      Reuter; AP  -  310 words
    • Article
      Lock icon China, Mongolia sign border treaty
      170 4 AP CHINA and Mongolia have signed a border treaty calling for stability along their highly militarised mutual border and the peaceful solution of territorial disputes. The official Xinhua News Agency said it was the first time China had signed a treaty on the settlement of
      AP  -  170 words
    • Article
      Lock icon Rangoon, Bogota establish ties
      50 4 AFP BURMA'S military government has established diplomatic relations with Colombia. Rangoon Radio said on Monday that Rangoon and Bogota had decided to establish diplomatic relations at ambasaadoriai level with immediate effect. Colombia is the second foreign government, after Malaysia, to formally recognise the military junta. AFP
      AFP  -  50 words
    • Article
      Lock icon Pyongyang sets up ministry for ventures with foreign firms
      153 4 AFP NORTH KOREA, faced with mounting foreign debt, haa set up a ministry for joint ventures with foreign companies, Pyongyang's Korean Central News Agency (KCNA) has said. North Korean President Kim 11-Sung on Saturday proclaimed a decree of the Central People's
      AFP  -  153 words
    • Article
      Lock icon Hanoi seeks Moscow's help in fostering ties with China
      248 4 AFP VIETNAM has called on the Soviet Union to work for improved tiea between Hanoi and Beijing in the event of a normalisation in Sino-Soviet relatione. Foreign Miniater Nguyen Co Thach told a press conference in Hanoi on Monday that "we
      AFP  -  248 words
    • Article
      Lock icon Tighter security at Yugoslav consulate in Sydney
      185 4 AP SECURITY was tightened at the Yugoslav consulate in Sydney yesterday while diplomats struggled with how to investigate the Sunday shooting of a Croatian demonstrator by a consulate security guard. Consular authorities meantime refuaed to let police into the building to interview the
      AP  -  185 words
    • Article
      Lock icon No protests, Aussies told
      110 4 UPI THE AUSTRALIAN government yesterday warned Australians, including a federal senator, not to travel to the Philippines to protest the presence of the United States bases there. Australian anti-nuclear activists, including independent Senator Jo Vallentine, are reportedly planning to participate in the regional peace brigade delegation
      UPI  -  110 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      884 4 ARRIVALS Operator Sorvfc* Local From number tim* MAS MH625 0010 Km OAL OA471 0015 ATH SlA son 0115 IAX/NRT UAL UA805 0125 SFO/HKG FTl FT080 0215 0X1 Ait CW707 0410 MTS/MRU SWAZI MAS MH627 0600 KlU SlA SQ41 0610 MAA su S031 0615 COG/ROM MAS MM640 0820
      884 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      12 4 THE YEAR-END SALE up to 70% Ofr Nov 16 to Dec 3,1988.
      12 words
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      Page 4 Advertisements Column 2
      40 4 mm The bonnets person's choc* every Tuesday, Thursdoy, Saturday and Sunday. Leavmg Chongi Airport at 22:05 the toiowmg morning Leoving Chongi Airport at 22:05 hour* and omvrvg Heathrow eorty Col your Travel Agent or A* Conoda ot *****55. AIR CANADA
      40 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      185 5 ONLY 1 OFFICE INFORMATION SYSTEM KEEPS YOU AND EVERY DEPARTMENT OF YOUR OFFICE AT 1 WITH 1 ANOTHER Because Digital has it. The state-of-the-art integrated office information system that allows every department or work-group in your organisation I to work hand-in-glove with one I another We call it ALL-IN-1. I
      185 words
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  • REST OF THE WORLD
    • Article
      Lock icon Analysts expect US trade deficit to narrow
      447 6 AP ANALYSTS predict that the American trade deficit for this year should be at least 20 per cent lower than last year, marking the first time since President Ronald Reagan took office in 1961 that the figure has shown improvement. The Commerce Department
      AP  -  447 words
    • Article
      Lock icon Japan, US in fighter joint venture
      310 6 UPI JAPAN and the United States signed an agreement yesterday to launch a multi-billion-dollar joint venture to develop a state-of-the-art support fighter for Japan's air defence. The pact calls for General Dynamics of the US and three Japanese companies Mitsubishi Heavy Industries Ltd, Kawasaki
      UPI  -  310 words
    • Article
      Lock icon Government policies under question as British economy flounders
      304 6 AP BRITAIN'S economy, considered a miracle of the Weet just eight months ago, is being buffeted by resurgent inflation, high interact rates and a record trade deficit. In March, Chancellor of the Exchequer Nigel Lawson was hailed as the economic wizard who
      AP  -  304 words
    • Article
      Lock icon Party leaders amend Kremlin chiefs proposals
      327 6 LAT-WP THE LEADERSHIP of the Soviet Communist Party has endorsed changes in the controversial legislation that President Mikhail Gorbachev says is the essential first step towards creating a democratic political system in the Soviet Union but that critics fear could further concentrate power rather
      LAT-WP  -  327 words
    • Article
      Lock icon Delors urges summit to avoid divisive debate
      265 6 Reuter EUROPEAN COMMUNITY head Jacques Delors has urged his European partners to avoid a divisive debate on future European integration at a summit this week and focus instead on the immediate task of creating a single market from 1992. Mr Delors, president of
      Reuter  -  265 words
    • Article, Illustration
      Lock icon 'Turkey should wait for EC membership'
      219 6 Reuter FRENCH President Francois Mitterrand told Turkish Prime Minister Turgut Ozal that his country should not be allowed to join the European Community until 1903 at the earliest. French officials said. Mr Ozal, in France for a twoday visit, was told by Mr Mitterrand
      Reuter  -  219 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      37 6 #02-54/60 Wisma Atria, 435 Orchard Road. Singapore 0923. Tel: *****60. #02-12 Shaw Centre, Scotts Road. Singapore 0922. Tel: *****55. 6 CERRUTIIBBI PARIS Sole Agent for Singapore. Malaysia and Brunei: Prestige Fashions Pte. Ltd Tel: 338 Ml 3
      37 words
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      Page 6 Advertisements Column 2
      241 6 BEEF JUST FLOWN IN Come now to Jack's Place Steak House in Hotel Miramar and savour tender, juicy US and New Zealand beef. At promotional prices unaffected by the hotel's charm and ambience. (ft For Lunch and Dinner N.Z. Fillet Steak $14.00 N.Z. Sirloin Steak $10.00 N.Z. Ribeye Steak $11.00
      241 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      67 6 Doonesbury IT IS J. J. SHEWING GIVING BIRTH ON CABLE? n? I CANT beueveit, I JUST CAN'T... LOOK, THEY'RE FLASHING HER PROGRESS ON THE SCREEN. SHE'S PILATBP SEVEN CENTIMETERS! M 1 t BY GARRY TRUDEAU THIS IS AMAZIN6, MIKE! PO yOU REAUZB SHE'S HAVING A BABY ON THE OTHER S/PE
      67 words
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  • FOCUS
    • Article, Illustration
      Lock icon Incidents mar American military reputation in Japan
      844 7 AP A MONTH-LONG spate of incidents involving US military forces has touched a raw nerve in Japan, provoking outraged newspaper editorials and a sharp protest from the government. On Okinawa the southern island where 35,000 American troops jostle for training space with 1.2
      AP  -  844 words
    • Article, Illustration
      Lock icon The US-Japan love-hate relationship continues
      1047 7 AP JAPAN, America s enemy in World War 11. is again stirring passions in the United States, ranging from anger, fear and mistrust to some affection and grudging admiration. In four decades, Japan first evolved from the IJS's humble and defeated enemy to a loyal
      AP  -  1,047 words
  • Page 7 Advertisements
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  • COMMODITIES
    • Article
      Produce Prices
      237 8 Chinese Produce Exchange Sellers' noon doting prices on Nov 29 (S$/100 kg) Coconut oil Bulk FOB 113.00 Old drum FOB 123.00 New drum FOB 127.00 Copra Mix«d (Ioom) 64 setters Pepper Munlofc wMt* FOB NIW 730.00 Sarawak whit* FOB faq NIW 720.00 Sarawak (pedal black FOB NIW 447JO
      237 words
    • Article
      London markets
      310 8 London 1^ Commodity Exchange V 4! Buyor/Soilor dosing pricos on J'j New 28, (£/tom« union jpodflod). t Provious doting priest in paronlhoiis. rni CoffN •V tab in-ftof» London, soliors option OF London ■n Nov 1065/1068 (1057/1062) Wgh/Low 1068/1062 0 1 ion 1080/1083 (1075/1076) l-Bgh/Low 1087/1075 Solo» (2229) i
      310 words
    • Article
      KL Tin
      159 8 THE KLTM roM II c*nt> to cloaa at M 519.59 a kg following parslstant ovarsaaa support yaatarday. Thara waa Incraaaad buying from Europaan and local tradara aa santlmant waa booatad by starling's atrangth agalnat tha ringgtt and Monday'a ataady cioaa In Europa. Turnovar roaa to 105 tonnaa. Thara
      159 words
    • Article
      Palm Oil
      413 8 MALAYSIAN CRUDE PALM OIL FUTURES finished easier yesterday despite some late recovery in quiet trading on the KLCE. Dealers said the weaker sentiment was in line with the sharp erosion on the overnight soybean oil traded on the Chicago Board of Trade leading to some long liquidation. The
      413 words
    • Article
      RAS and MRELB
      305 8 RAS prices In S cnnta/kg, F08 In bate B NOON CLOSE Buyan Sdlofs 8wy*n C-M jawan In* 1 RSS Prompt 197.00 199.00N 194 JO 195 JON MHSSDKU 198 JO 200JON 196.00 197.00N k* 1 RSS ion 201 JO 203J0N 198 JO 199 JON Int 2 RSS OP
      305 words
    • Article
      SSR and SMR
      74 8 (cwh/ko) DeCEAOa 1968 JANUARY 1988 (currant month) (forwt xd month) N OON H OON RAS Bwyon SMm SSI 20 115.00 187 00N 185.00 187. OON SSt 50 183.00 1I100N 18X00 185 .OON MRELB Sdtn SMICV 294J0 266J0N 296-50 268-50N SMIL ***** *****N 260.00 292j00N SMI 5 255QQ
      74 words
    • Article
      Soybean and Wheat
      60 8 SOYBEAN futures closed down 16-1/4 to 12-1/2 US cents per bushel with spot January down 16-1/4 at U557.49-1/2 on the CBOT on Monday. December meal closed down US$7.3O per ton at 244.30. Wheat closed down seven to 2-1/2 cents per bushel in spot December at US$4.lB-1/2. December
      60 words
    • Article
      Rubber
      352 8 SMGAPORE: Rubber prices yesterday hovered within narrow ranges in the afternoon due to a lack of interest. Dealers said December RSS One buyer was quoted at 196.00 cents a kg from 198.00 on Monday. They said operators kept to the sidelines in the absence of fresh factors. TSR-20 Award
      352 words
    • Article
      Lock icon Crude Oil and Products
      159 8 Telerate Fuel oil prices which had remained relatively flat overnight firmed throughout the Singapore day. Seller* who had asked US$74 per tonne (fob Sing) for CST-180 yesterday morning had by noon retreated to higher levels of USS7S-77 per tonne (fob Sing). Buyers, however, were reluctant to
      Telerate  -  159 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      330 8 NO OTHER LAPTOP IN ITS CLASS GIVES YOU A PROPER FOR EASY NUMBER CRUNCHING THE NEW EPSON PC PORTABLE. EPSON Epson Electronics (S) Pte Ltd NO I RAFFLES PLACE. #26-00 OUB CENTRE. SINGAPORE 0104 TEL *****77 (8 LINES) TELEX RS ***** EPSONS FAX *****19 Showroom: NO I RAFFLES PLACE. #03-17
      330 words
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      Page 8 Advertisements Column 2
      4 8 Precious Metals, PAGE 9
      4 words
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  • MONEY AND EXCHANGES
    • Article
      Precious Metals
      388 9 HONGKONG: Gold closed slightly lower in moderate trading on light selling yesterday by Swiss investors in the afternoon. The metal was influenced by the US dollar's rise against the Hongkong dollar. Bullion ended at U*****.80/422 30 an ounce against an initial U*****.60/423.10, compared with New York's cloee of
      388 words
    • Article
      Options
      955 9 CURRENCY FUTURES OPTIONS Tuesday, h k>v 29, 1988 OCUTSCHEMARK (SIMEX) Dac SS call* Dai High i SS piM 52 53 54 55 56 57 58 59 60 61 62 I65A 83A 33 28A 7A Jm SS eaM High Low 380 2S0 ISO 91 33 3 2 CAB CAS Ml
      955 words
    • Article
      Comex gold/silver futures
      190 9 Gold futures on Nov 28, 1968 100 toy our** USS pgr toy mi 09 t Opoa H* Mfe No. 424J0 424.50 434J0 43X30 ♦X30 Ok 424-50 426D0 4 22DO 42X30 3-30 Jot 99 478.00 429.00 439D0 425D0 X10 Fwb 429.60 431.00 426-50 437.90 XtO Apr 435.00 436J0
      190 words
    • Article
      IMM
      257 9 IMM foreign currency futures closed sharply lower on Monday and near the bottom of seesion ranges amid rising expectations of tighter US monetary policy and a possible discount rate increase by the Fed. Many traders believe the Fed may boost the benchmark rate if this week's economic reports suggest
      257 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      451 9 uM > :.r'-"Wm m u *>**•> v /~->7 **v«, 1 -1 iflli Hifii p' PfcPHWwißHwp 1 9FI9KhI ■M -r>- -Jt -j i; '<, 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
      451 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Simex
      489 10 BA Futures MARCH Eurodollar futures opened five ticks lower on Simex yesterday than the previous Simex close at 90.77. A 1/2 point rise in the US prime lending rate and anticipation that the US Fed may raise the discount rate to ease inflation fears depressed prices. Higher oil prices
      BA Futures  -  489 words
    • Article
      Asian $ market
      215 10 Asian market ASIAN DOLLAR deposit rates closed at opening levels after a quiet day's trading yesterday. Dealers said the market was awaiting the release of revised US third quarter gross national product data at 1330 GMT. us$ OFFE* WD 7 days 8 11/16 8 9/16 1 month 8 7/8 8
      215 words
    • Article
      Forex markets
      737 10 SINGAPORE: The US dollar spent yesterday consolidating Monday's gains. It traded within a range of 1.7393-1.7342 West German marks, 122.*****.00 yen and Ssl 9482Ssl 9420, before closing at 1.7350 marks, 122.50 yen and 551.9420. Sterling was quoted between U551.8412 and U551.8365, but ended at US$l.B4OO. A half-point rise
      737 words
    • Article
      Foreign Exchange
      222 10 Interbank rates at 3pm yesterday: local dollar* to < ■*> OWCN croee parity ixilt of foreign currency: US dollar 1.9420 1.9430 2.8196 •31.12 Sterling pound 3.5664 3.5702 7.3469 -51.46 Australian dollar 1.6914 1.6942 3.4286 -50.67 NZ dollar 1.2700 1.2726 3.4286 -62.96 Canadian dollar 1-6271 1.6293 3.4206 -52.43 Local
      222 words
    • Article
      Government securities market
      117 10 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WO OFFW HK» LOW 3 nmirta BQ*****Z 23.02.89 3.40 3.35 3.46 3.36 6 months BY*****Z 23.03.89 3-50 3.45 156 3.48 1 y«or BY*****H 23.11.89 4.25 4.20 4.25 4.18 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      117 words
    • Article, Illustration
      World interest rates
      178 10 Indicates the average of the prime lending rate# of 12 ma (or banks in S'pore r Interbank market r 1 s < 8 A us$ dm swfc Y«1 7 days %ft i/a 13 11/1* 9/1* 4 IS/1* 13/1* Sl/I-I 4 7/1* 5/1* 1 3/4 J/« 13— 13
      178 words
    • Article
      Money markets
      64 10 THE OVERNIGHT rate on the Singapore money market fell 1/2 point to close at 3 per cent yesterday. One and two months rose 1/16 point each while three months remained unchanged. S$ Interbank rates at the dose yesterday: oma md Ow- •**> 3 2 1/2 1-flwM* 4 15/16
      64 words
    • Article
      Lock icon Ringgit up against US$
      49 10 Reuter THE ringgit closed higher against the US unit after Bank Negara intervened by selling a small amount of dollars yesterday. One broker said thin trading due to nervousness about the ringgit's direction meant the light intervention was enough to halt the ringgit's decline. Reuter
      Reuter  -  49 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      52 10 THE SHIRT FOR DREAMING DREAMS. The Arrow Criterion range. Working shirts with the casual feel. CRITERION BY THE MOST FAMOUS Ship' THE .VOQI. AVAILABLE AT ALL LEADING DEPARTMENT STORES AND ALSO ARROW SHOPS AT FORUM GALLERIA. MERIDIEN HOTEL OUB CENTRE AND PENINSULA PLAZA LICENSEE AND SOLE DISTRIBUTOR APPAREL WORLD <S)
      52 words
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      Page 10 Advertisements Column 2
      145 10 Investments FOR SALE BY TENDER Closing date: 8 Dec 1988,3.00 pm Tanpng Rhu location with excellent views of the waterfront at Kallang Basin and the CBD skyline. Only 5 minutes drive from the city and easy access to Changi Airport. One 6-storey office building with net floor area of 25,990
      145 words
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  • BANKING AND FINANCE
    • Article
      Lock icon German financial futures exchange — new laws expected next year
      352 11 German financial futures exchange new laws expected next year Reuter CHANGES in West Germany's bourse laws are likely to be passed in the course of next year which will allow a planned financial futures exchange to open in late 1989, Finance Minister Gerhard Stoltenberg said. He told a news conference
      Reuter  -  352 words
    • Article
      Lock icon US home loan board proposes new regulations
      280 11 Reuter THE US Federal Home Loan Bank Board proposed sweeping new regulations that would require savings and loan institutions to increase capital to an average of 8 per cent of assets by 1993. The current rule requires thrifts to hold capital equal to
      Reuter  -  280 words
    • Article
      Lock icon Delors backs Paris, Bonn on G-7 meeting
      278 11 AFP JACQUES DELORS, president of the European Community's executive body, has called for a secret meeting of the Group of Seven leading industrial nations to discuss exchange rates. Speaking on Monday, the eve of the EC summit of heads of state or government
      AFP  -  278 words
    • Article
      Lock icon Sanwa Bank to be listed in Paris on Dec 9
      168 11 AFP SANWA BANK of Japan, following Sumitomo and Fuji Banks, is setting out on the conquest of the French market, observers in Paris noted on Monday after Sanwa officials said the same day that their bank would be listed in
      AFP  -  168 words
    • Article
      Lock icon US wants early G-7 meeting, says paper
      70 11 Reuter THE UNITED STATES Treasury favours an early session of the Group of Seven, reported The Washington Post. The newspaper quoted a senior official as saying that Treasury Secretary Nicholas Brady felt such a meeting was appropriate whenever the administration of a member
      Reuter  -  70 words
    • Article
      Lock icon Bank of Tokyo may move some NY employees
      157 11 Reuter BANK OF TOKYO Ltd will shift several hundreds of its New York-based employees to Jersey City, NJ, industry sources in New York said yesterday. A spokesman for the bank, Takao Matsuda, declined to comment. However, one source said Bank of Tokyo
      Reuter  -  157 words
    • Article
      Lock icon Royal Bank of Scotland seen as attractive and vulnerable takeover target
      375 11 Reuter ROYAL BANK of Scotland Group PLC. which tomorrow reports its results for the year to Sep 30, is seen as the most vulnerable of Britain's major retail banks to a foreign takeover. "RBS is an attractive and vulnerable
      Reuter  -  375 words
    • Article
      Lock icon Leading US banks raise prime rates to 10.5pc
      444 11 UPI LEADING US BANKS raised their prime rates on Monday to 10.5 per cent from 10 per cent, the fifth increase in the key rate this year, and the latest sign that the cost of borrowing funds was moving upwards. Chase Manhattan
      UPI  -  444 words
    • Article, Illustration
      Credit Corp to bid for bigger market share
      353 11  -  By OUAK HIANG WHAI CREDIT CORPORATION (Singapore) Limited plans to secure a bigger share of the commercial property loan market with a package that includes low interest rates and free legal transfer. The finance company, which is a subsidiary of the Standard
      353 words
    • Article
      Lock icon Racketeering suit against ex-chairman
      123 11 Reuter THE BANK of Crete filed a civil racketeering suit in Manhattan Federal Court on Monday against its former chairman, George Koskotas, saying he was responsible for the bank's loaa of over US$2OO million. Koekotas, his wife Kathy and brother Stav- roe were named as defendants
      Reuter  -  123 words
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      Page 11 Advertisements Column 1
      237 11 MONTRE DES MONTRES LA MONTRE DES The sin of pride It 's more a new concept than simply a new watch. Yet it bears the proud name of the ancient god of strength in Norse mythology Thorr. Thorr has been pro duced by MDM Geneve to stand alongside the success
      237 words
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  • PERSPECTIVE
    • Article
      Economic policies for the times
      491 12 PREDICTABLY, there are some who claim alarm at the government's decision to raise the levy on foreign workers, lower the ceiling on the number of such workers who can be employed, and raise employers' rate of contribution to employees' Central Provident Fund accounts. Has the
      491 words
    • Article, Illustration
      TRADING HOUSES
      1320 12  -  The pioneer trading houses played a major role In transforming Singapore from a fishing village into a modem city. Today, that role is losing its significance. ROSIE TAN reports. ROSIE TAN LIKE OLD WAR HEROES whose glory has long since faded, many of Singapore's large pioneer trading houses
      1,320 words
    • Article
      Lock icon Tourists as diplomats
      376 12 Reuter HUNGARIAN-BORN travel guru Eugene Fodor, still roving et 83 despite major heart surgery, says tourism can succeed where diplomacy fails. "Sometimes I believe the problems of the whole world would be solved if we threw out the governments and replaced them with national tourist offices," he
      Reuter  -  376 words
    • Article, Illustration
      Lock icon Christmas cheer for US retail shares lacking
      788 13 NYT AMERICA'S retailers are primed for a reasonably strong Christmas, but Wall Street seems to be growing cautious as the holiday shopping season begins. Stocks of retail companies, which were strong for most of 1988, have weakened in recent weeks following reports of
      NYT  -  788 words
    • Article
      Lock icon Guangdong today: Mao's dream?
      673 13 Reuter GUANGZHOU was one of the birthplaces of communism in China. Now it looks more like Hongkong or Taipei. Its people earn more, eat better and can buy a wider range of goods French soap. Spanish cigarettes, American apples and Japanese motorbikes than the rest of
      Reuter  -  673 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      100 12 f n SSS> L/iscover a collection of your favourite designer names. Today's fashion leaders like Bally, Jean Philippe, Givenchy, Christian Dior and Lanvin. Names that are symbols of sophistication, elegance and a rich way of life. All at Chanrai. Come, experiment with all these classic designs and get the benefit
      100 words
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      Page 12 Advertisements Column 2
      92 12 PictuieYxir Windows with a j r Miiiiii uMii .m I Roller Shades Motonsed Screens I Blackout Shades Vertical Blinds I Roman Blinds Bonded Shades A Shod* lattar Than TK# I« #02-29 Singapore Shopping Centre 190, Ciemenoeau Avenue. 5'0923. TB_ 338-0956/453-6333 IS m \S RN Specialists m Fme Hand-knocted Carpets mid-week
      92 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      33 12 BliStcw: ftanicDictene to v/ou The "ThpoT Sonne 1 D'dm't nlotTgcTmc DOU>W He GPKB You V^KDUTTisJG -0^ r v Tc avoid eye contact r-<£h £JJ LIT U)PVS MOIfHtMG EVENING STANOARO CO LTD.. I§«2— IMS
      33 words
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      301 13 YOU COULD WRAP UP A LOT OF BUSINESS IN HONG KONG THE 1989 HONG KONG GIFTS HOUSEWARE FAIR! APRIL 12-15. HONG KONG CONVENTION EXHIBITION CENTRE. AN INTERNATIONAL FAIR IN A NEW VENUE. In IW, the Hong Kong Gifts 6s. Houseware Fmr is going international. It will he staged in the
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      Page 13 Advertisements Column 2
      144 13 Discover what Royal treatment is like, with Thai. The name Royal Executive Class did not come about by chance. Instead it is a reflection of Thai's belief in treating our passengers like royalty. From the moment you enter our new REC lounge at Don Muang Airport, Bangkok, the royal' treatment
      144 words
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  • LEISURE
    • Article, Illustration
      Lock icon Nixon's instructions
      322 14 PERSONALITIES AFP RICHARD NIXON complained about the French wine in the White House and modern art in US embassies abroad when he was president of the US from 1969 to 1974, his memos show. He also instructed his daughters on "heart-warming" stories. The notes, released last year, are
      AFP  -  322 words
    • Article, Illustration
      Lock icon Picasso's Acrobat sold to Japanese for £19.9 million
      265 14 ART AFP A JAPANESE BUYER has paid £19.9 million (or Pablo Picaaso's painting "Acrobat and the young harlequin", making it the most expensive 20th-century work. Bidding at Christie's suction house started at £5 million but climbed rapidly in the packed saleroom to
      AFP  -  265 words
    • Article, Illustration
      Craige success
      765 15  -  TREASURE HUNT By SANGEETA MULCHAND THIS IS one couple who genuinely deserve to find a Ballantine's Treasure Chest. Oavid and Susan Craige began their quest on the very first day of the is-land-wide hunt, beginning with the Alphonso de Alburquerque chest at Bukit Timah Hill. They were unsuccessful,
      765 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      151 14 8 ■f f •< -r« *1 Ir^V 'XfitSuhdwrnjiOiHt Experience an intimate dinner affair at Cafe Vienna. Never will you come so close to a buffet selection so alluring, so tempting. Daily at $16.90 per adult and $9.90 per child. All prices subject to lOTfc service charge and 3% cess. Royal
      151 words
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      Page 14 Advertisements Column 2
      213 14 HAUTE STUFF!! The haute-est thing in town, haute cuisine from eight French regions, plus exciting new wines of the Beaujolais Nouveau Promotion. At Cafe Boulevard, 17 -30 November. Different regional set menus daily, from: Provence Normandy *Auvergne •Gascony Brittany "Alsace •Lorraine Burgundy And while you wine and dine, be serenaded
      213 words
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      Page 14 Advertisements Column 3
      220 14 UNIQUELY HYATT Bramigan's is a pub unlike others if specialises in fun! Cocktails, snacks, Sunday jazz jam sessions and pub games from the world over, await you in the basement of the Hyatt Opening hours: 11.00 am to 1.00 am No ties, please < S I N O A >
      220 words
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      Page 14 Advertisements Column 4
      234 14 if u. B Club 5 presents EX-ACT with the hits of yesteryear SCIN THCIRS, 5-8 pm. Happy Hours, 5-8 pm Daily. Plaza Hotel SI»CAPO»t 3e»ch Road Singapore 0719 let *****11. Pdrwnrfoaot Hotd Where the happy people go DANCING LOUNGE Experience a new and refreshing concept in cocktail lounge entertainment. Experience
      234 words
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      Page 14 Advertisements Column 5
      102 14 The most popular lunch renowned for value-for-money J 40 other new varieties! Superior specialities with menu change every fortnight! ontysl4^o++ ehW $10.50++ V A Hp "If h i-.s KilltXHilt Htm I 4 m »>!*> LE BEAUJOLAIS NOUVEAU 88 from 17 November to 3 December wine lovers will enjoy the new
      102 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      182 15 vn J^4lt <*% I Every second s on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchases are at 25% less. There's no happier time to enjoy your favourite drinks and
      182 words
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      Page 15 Advertisements Column 2
      123 15 Treasure Hunt Only Two More AIR MAURITIUS Kenyan Safari Holidays To Be Won! The fever is rising in the Great Ballantine's Treasure Hunt. Last weekend, two more Treasure Chests were found! And Treasure Hunters are closing in on the remaining two Ballantine's Treasure Chests hidden at secret locations in Singapore.
      123 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      650 15 CRYPTIC PUZZLE ACROSS 1 Bess goes round the corner to wish people well (5) 6 Run after Lorraine from Luton Airport (5) 9 Might it treat complex symptoms? (7) 10 Growing floe its. we hear (5) 11 Where men fought in an era that was backward (5) 12 Something extra
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1159 15 wa ac© aaooo The trouble with tourists INSIGHT: 60 MINUTES 0 Clao Vanaila; II) Costa Rica Is Different; III) A.I.P.A.C. (IV) Charlla Did N B.oopm, Channal 12 The four items looked at this week are: the deterioration of Venice because of overcrowding by tourists; the most peaceful country in Latin
      1,159 words
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  • SPORTS
    • Article
      Lack of support costs pros places in Malaysian event
      460 16  -  By WALTON MORAIS SEVEN Singapore golfers' entries to play in the M 550.000 Tour of Malaysia Golf Series event at the Saujana Golf and Country Club in Kuala Lumpur next month have been rejected because Singaporeans do not support the series
      460 words
    • Article
      Lock icon Kiwi cricketers turn the tables on India
      479 16 AFP NEW ZEALAND, fired by the inspirational talents of Richard Hadlee and John Bracewell, crushed India by 136 runs in Bombay yesterday for only its second Test victory on Indian soil. Hadlee and Bracewell needed just 21 minutes on the fifth and final
      AFP  -  479 words
    • Article
      Lock icon Pakistani squad leaves for tour of Australia and New Zealand
      158 16 Reuter IMRAN KHAN'S Pakistanis, unbeaten in a cricket Test series since 1986, left on Monday for a 3-1/2-month tour of Australia and New Zealand. The talented squad will take part in World Series Cup oneday games against Australia and West
      Reuter  -  158 words
    • Article
      Lock icon Top American pros head line-up in lucrative Aussie event
      271 16 AP GREG NORMAN, Ben Crenshaw and Jack Nicklaus will head the line-up tomorrow at the start of the US$l.25 million Bicentennial Classic, the richest event in Australian golf history. Fifty golfers from around the world have been invited to play on
      AP  -  271 words
    • Article, Illustration
      Lock icon Men's skiing duel continues
      541 16 AP THE FIRST WEEKEND of World Cup skiing showed nothing has changed on the men's side, but there may be a shift of power on the women's. The men's power struggle picked up where it left off last season as Pirmin Zurbriggen of Switzerland and Alberto
      AP  -  541 words
    • Article
      Lock icon Injuries causing concern for Fenech
      177 16 Reuter AUSTRALIA'S J«ff Fenech must overcome increasing signs of physical frailty to retain his World Boxing Council (WBC) featherweight title against American George "Go-Go" Navarro in Melbourne today. Fenech, unbeaten with 18 wins inside the distance after 21 professional fights, is rated by American experts
      Reuter  -  177 words
    • Article
      Lock icon Robson in favour of US holding World Cup
      200 16 AP ENGLAND soccer manager Bobby Robson says the US will do a great job holding the 1994 World Cup in spite of not having a national outdoor league. In an interview in London on Monday, he said the Olympic soccer tournament at
      AP  -  200 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      187 16 HOSPITALITY IS PART OF OUR TRADITION wS l' -w3c mim ■A T l.v-J.3%1 gSg^gwrf' F%-* >£" £p£^B IS# 1 ■r--" m zr 4R. Kjjgniiill EXPERIENCE THAT TRADITION EVERYTIME YOU TRAVEL SAUDIA. Apart from the modern fleet and the ultra luxurious touches like our unique new Al-Faris seats in First Class,
      187 words
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      Page 16 Advertisements Column 2
      588 16 DllC Den norske Creditbank PLC BALANCE SHEET DnC GROUP Cash and ordinary deposits mnth banks Casfi and demand deposits with banks Time deposits with banks Short-term investments in securities Treasury bits Bearer bonds and money market papers Short-term shareholdings Loans Short-term loans Long-term loans Factoring leasing Total loans General loan
      588 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Malaysian privatised housing pioneer to seek listing on KLSE
      447 17  -  By MAGDALENE NG MK ASSOCIATES Sdn Bhd, part of the MK group which successfully pioneered the first privatisation scheme of housing development in Selangor a MS2SO million Bandar Baru Sungai Buloh project is planning to seek a listing on the Kuala
      447 words
    • Article
      Lock icon Kumpulan Guthrie picks Aseambankers for big flotation
      408 17 NST KUMPULAN GUTHRIE Bhd has appointed Aseambankers as adviser for its proposed flotation which is exposed to be one of the biggest public share issues in Malaysia. It is learnt that Permodalan Nasional Bhd (PNB), which owns 100 per cent of Kumpulan Guthrie,
      NST  -  408 words
    • Article
      Lock icon Palmco unveils M$17m expansion plan for oleochemical division
      187 17 NST PALMCO HOLDINGS Bhd is embarking on a MJ17.2 million expansion programme for its oleochemical division. Palmco announced yesterday that under the programme, Msls million has been allocated for the expansion by wholly-owned subsidiary, Acidchem (M) Sdn Bhd. This would increase Palmco's
      NST  -  187 words
    • Article
      Sime Tyres International to spend M$100m in upgrading Kedah plant
      148 17 SIME TYRES International (M) Sdn Bhd (STI) is investing Msloo million in advanced technology to modernise and expand its factory in Alor Star, Kedah. The investment will more than double the capacity within the next two years to meet increased
      148 words
    • Article, Illustration
      HK government to allow Kuok's bid for TVB, says official
      422 17 THE HONGKONG government will sllow Robert Kuok Hock Nian to acquire Australian businessman Alan Bond's 30 per cent stake in TVB Group in Hongkong A report in the South Chins Morning Post yesterday quoted deputy secretary for administrative services and
      422 words
    • Article
      Mycom plans two issues to raise M$18m
      287 17 MYCOM Bhd is proposing a rights and special bumiputra issue which will raise total proceeds of M 518.75 million for the company. The proposed one-for-one rights issue at Msl par involves 12.5 million new shares and will raise gross proceeds of M 512.5
      287 words
    • Article, Illustration
      Metro hit by higher operating costs
      469 17  -  Interim after-tax profit down $1.5 million By AMY BALAN AFTER two earlier record-break-ing years, retailer Metro Holdings is experiencing a slowdown in earnings growth. Higher operating costs, including a steep jump in interest payments, trimmed more than a third off retailer Metro Holdings' profit
      469 words
    • SES
      • Article, Illustration
        Market talk of Hong Fok deal adds interest to trading
        1101 18  -  Jocelyn Toh MARKET TALK of Hong Fok having sold its Fortress Tower in Hongkong for about HK$7OO million kept brokers relatively busy on the local stock market yesterday. At the close of trading, the property counter was the second most
        1,101 words
      • Article
        COMPANY MEETINGS
        109 18 BOUSTEAD HOLDINGS Berhad: 27th AGM at Wisma Boustead (4th Floor), 71 Jalan Raja Chulan, ***** Kuala Lumpur today at noon. KUALA SIDIM RUBBER COMPANY Berhad: 76th AGM at Wisma Boustead (4th Floor), 71, Jalan Raja Chulan, ***** Kuala Lumpur today at 11.30 am. MALAKOFF Berhad: 13th AGM at
        109 words
      • Article
        APPROVED ISSUES
        39 18 Company RIGHTS ISSUE Spore land On* 2% un**cur*d toon oock d*todiabi* wacrann tor *v*cy star* h*id Each $2 noawnaJ *c Hoc* wi b* oMoted on* warn conv*rtib4* OMytin# wtfHw fiv* Ex-da** Nov 28 Books dot* 0*c 8
        39 words
      • Article
        PROPOSED ISSUES
        297 18 Company RIGHTS ISSUE C 1 Holdings 27 million loan stocks in the ratio of V3 loon stock for every five ordinory a L fi r aa LaI^J 0 C Bonk snores One-for-two Q $075 per shore Duta Cons One-for-one $110 per shore FACB One-for-one Q $0 60 per
        297 words
    • Article
      SES SHARE INFORMATION
      5413 18 11 High M8 Low Tel Cods Company Laat NOV 29 +«r^ Gr*a Dhr Dhr C*w Gr*a rid Net P/E Vol (*0W) Of High Law JLJMl £6 M Cap SECTION ONE INDUSTRIAL COMMERCIAL 141 85 218 167 135 460 200 350 129 167 177 297 50* 354 555
      5,413 words
    • KLSE
      • Article, Illustration
        KL prices finish mixed
        3132 19 SHARE PRICES on the Kuala Lumpur stock market finished mixed yesterday as bargain-hunting alternated with light selling in lacklustre trading. Price changes were marginal both ways. Dealers said the market continued to be dull and featureless as there were no incentives to jolt it out of
        3,132 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Stocks sharply higher
        561 20 Tokyo Reuter TOKYO SHARE prices rebounded from morning lows to close sharply higher yeeterday, brokers said. "We have a two-tier-strong market The focua in the afternoon seeston waa large capital ieauee like Steele and shipbuilders, and high techa were stronger since the opening." said Kotchi Ura, an
        Reuter  -  561 words
      • Article, Illustration
        Lock icon Market in doldrums
        528 20 Australia Reuter PRESSURE FROM rising interest rstas kept s lid on the Australian shars market yesterday, which failed to lift itself out of Mondsy's doldrums snd closed lower in light trsde Broksrs said institutional investor* remained on the aidelinss in ths bearish market because of better rsturns
        Reuter  -  528 words
      • Article, Illustration
        Shares recover to close strong
        1296 20 Hongkong HONGKONG STOCKS recovered from their early weakness yesterday and ended strongly deapite worries about the rise in the US prime rale, brokers said. "We definitely followed Tokyo's sharp riae. The only worry waa that we might follow the pattern in August when the US
        1,296 words
      • Article
        Lock icon Taipei: Index tumbles
        485 20 Reuter MOST TAIWAN share prices closed sharply lower yesterday as weakened financial issues and a sell-off of industrial shares dragged the index down, dealers said. The weighted index lost 191.77 points, or 2.6 per cent, to end at 7,083.16 against Monday's 7.274.93 finish and a high of
        Reuter  -  485 words
      • Article
        Lock icon Seoul: Prices soar
        93 20 Reuter SEOUL SHARE prices yesterday rose sharply for the second day running, with the compoeite index breaking through the 830 mark for the first time. Before the cloee. the index was 835.39, up 9.36 points from Monday's close. Turnover wss 275.6 billion won compared with 449.9 bil-
        Reuter  -  93 words
      • Article
        Lock icon Manila: Mixed close
        100 20 Reuter MANILA SHARES closed mixed in active trading yesterday after investors cashed in on copper gains in favourite stocks, brokers said. "A number of investors and traders got out of certain mining stocks with some profits after a big play, and they're probably shifting now to more
        Reuter  -  100 words
      • Article
        Lock icon Bangkok: Index down
        127 20 Reuter THE SECURITIES Exchange of Thailand Index dropped 0.49 points to 390.33 yesterday on a turnover ot 4,964,640 shares worth 311.22 million baht Reuter MOV m BAMT Ao Kham Thai Bangkok Agro-lnd 103 Btngfco* Bink BeiwOI Ayudhye. ZT1 336 Charoong Thai Wli ra A Cabta _«1 Ghana
        Reuter  -  127 words
      • Article
        Lock icon NZ: Brokers bearish
        160 20 Reuter NEW ZEALAND share prices rose slightly yeeterday after Monday's big tumble but brokers were bearish and expected further declines. "We're basically in a big black hole and things will get worse before they think about getting better," one said. Brokers said nervous overseas bourses were dictating
        Reuter  -  160 words
      • Article
        Lock icon Bombay: Stocks recover
        141 20 Reuter PRICES RECOVERED on j the Bombay stock ex- change yesterday after institutional support halted a downward trend set off by higher contango (carry-forward) charges I and heavy daily margins on sales and purchases, brokers said. They said sentiment improved considerably towards mid-session after the market opened
        Reuter  -  141 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks finish narrowly mixed
        864 21 New York Reuter WALL STREET stocks closed narrowly mixed on Monday amid concern that the US Federal Reserve may soon tighten monetary policy by perhaps raising the discount rate, brokers said. The fears were heightened by a halfpoint hike to 10-1/2 per cent in US banks'
        Reuter  -  864 words
      • Article, Illustration
        Lock icon Prices marked higher at opening
        940 21 London Reuter LONDON SHARES opened higher yesterday, marked up in a reaction to the sharp falls seen during the past two trading sessions, dealers said. But buying so far has not been heavy and prices might drift later, they added. The FTSE 100 share index
        Reuter  -  940 words
      • Article, Illustration
        Lock icon Lonrho takes the offensive against Bond
        800 21 Reuter LONRHO PLC, facing a possible bid by Australian businessman Alan Bond, is taking the offensive by selling its European wine and spirits division and issuing a critical report on Bond Corp Holdings Ltd's finances. The British conglomerate is selling the division to Brent
        Reuter  -  800 words
      • Article
        Lock icon Carlsberg sees Far East and Europe as main growth areas
        264 21 Reuter CARLSBERG A/S has identified Europe and the Far East as its main growth areas, but competition in the world beer market is increasingly tough, company president and chief executive officer Poul J Svanholm has said. "On a global basis,
        Reuter  -  264 words
      • Article
        Lock icon Cargill tops Forbes list again
        85 21 AP CARGILL, a giant commodities company, is atop the Forbes magazine list of 400 largest private US companies for the fourth consecutive year. The Minneapolis-based company's 1987 revenues totalled US$3B.2 billion, Forbes reports in its Dec 12 i&sue. That was up nearly US$6 billion, or
        AP  -  85 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1706 21 Reuter PARIS: French share prices were slightly lower at midsession yesterday amid volatile but thin trading, with most operators sidelined due to the uncertain international trend. But prices were little affected by news of a worse than expected four billion franc October trade deficit, dealers said. The
        Reuter  -  1,706 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      454 17 In the Matter of the Companies Act. Cap. 50 TRIDENT INVESTMENT SERVICES PTE. LIMITED (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at 3 Shenton Way 03-07, Shenton House, Singapore 0106 on 28th November 1988 the following
      454 words
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      Page 17 Advertisements Column 2
      284 17 Financial Newsmakers SHAREHOLDERS OF ASEAN RESOORCES LIMITED a si Shareholders of Asean Resources Limited, a Hong Kong incorporated company, listed on The Stock Exchange of Hong Kong Limited, who would like further information, in relation to the conditional offer on behalf of Pinemount Development Limited to acquire the issued shares
      284 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      708 20 NOTICES CORONATION RESTAURANT (PTE) LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 149 Rochor Rd #81-22 Singapore 0718 on 24 November 1968 the following Special Resolutions were duly passed1. That the company be wound up voluntarily pursuant to
      708 words
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      Page 20 Advertisements Column 2
      590 20 FU LONG REALTY PTE LTD (In Member*' Voluntary Liquidation) NOTICE OP CREDITORS NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being voluntarily wound-up, are required on or before 30 December 1868 to send In their names and addresses with particulars of their debts or claims
      590 words
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      Page 20 Advertisements Column 3
      1531 20 DAISY PRIVATE LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) GOLD RIVER INVESTMENTS PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY OI- NOTICE OP RESOLUTIONS V ll pu U t Bectl n At an Extraordinary Gen--308(2) of the Companies era j Meeting of the CompaAct, Cap. 50 thatthe Final ny convened and
      1,531 words
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      Page 20 Advertisements Column 4
      6 20 On target, Chart Point every Saturday
      6 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      159 21 The Singapore International Chamber of Commerce g||| Ernst Whinney Consultants Pte Ltd present 1992: A Single European Market Implications for Singapore Business Three speakers who have excellent credentials will address participants on the implications of trading with a single European market after 1992. Two of these speakers are members of
      159 words
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  • Article
    Bank takes bullish view of aerospace industry
    484 22  -  Air transport in region expected to boom By MARTIN SOONG THE AEROSPACE INDUSTRY in Singapore is expected to grow at an average rate of between 10 and 15 per cent annually into the mid-*****, according to a research report released by DBS Bank
    484 words
  • Article
    Lock icon Reform urged for S Korean security agencies
    231 22 Agencies PRESIDENT ROH Tae-woo has been urged by his key advisers to stop South Korea's powerful security agencies from carrying out domestic political surveillance and committing human rights abuses. The Administrative Reform Council made the call in Seoul yesterday as Mr Roh was
    Agencies  -  231 words
  • Article, Illustration
    Lock icon China's overheated economy will pose problems next year — Li
    432 22 China's overheated economy will pose problems next year Li Agencies CHINESE PREMIER Li Peng has warned that China faces many economic difficulties next year due to the country's failure to cool its overheated economy, the official People's Daily reported yesterday. "There are many problems in the overall arrangement of next
    Agencies  -  432 words
  • Article
    Lock icon Ex-Ka Wah executives plan legal action
    178 22 AFP THE LOW BROTHERS, former senior executives of the Ka Wah Bank, on Monday announced plans for legal action in an effort to clear their names over the near-collapse of the Hongkongbased bank. In a circular addressed to Ka Wah shareholders and mailed from
    AFP  -  178 words
  • Article
    Lock icon Prices fall back amid doubts over Opec pact
    305 22 AFP Reuter CRUDE OIL prices fell back on the London spot market early yesterday after the United Arab Emirates said they did not consider their newly-imposed Opec quota as official. The statement fuelled fears that the Organisation of Petroleum Exporting Countries would
    AFP; Reuter  -  305 words
  • Article
    Lock icon Gorbachev says Parliament may get veto powers
    220 22 AP PRESIDENT Mikhail Gorbachev told the Soviet Parliament yesterday that it would gain the right to veto his decisions if it adopts his revised proposals for an overhaul of the Soviet political system. In a speech opening a threeday special session of the
    AP  -  220 words
  • Article
    Lock icon UN to ensure Arafat will address General Assembly
    239 22 Reuter AFP THE UNITED Nations will ensure that Palestine Liberation Organisation (PLO) chairman Yasser Arafat is able to address the General Assembly, the assembly president declared in New York on Monday. The United States had on Saturday refused a visa to allow
    Reuter; AFP  -  239 words
  • Article
    Lock icon Japan insensitive in its pursuit of profit, says Jakarta official
    256 22 Reuter A SENIOR Indonesian official yesterday lambasted Japan, his country's main economic partner, for what he called sin-gle-minded pursuit of profit and insensitivity to the consequences for others. "Japan's national and international goals are summed up in one word profit,"
    Reuter  -  256 words
  • Article
    Lock icon Benazir to be appointed premier
    93 22 Agencies PRESIDENT Ghulam Ishaq Khan has decided to appoint Pakistan People's Party (PPP) leader Benazir Bhutto as the country's next premier while the Presidential Election Commission yesterday announced that an election for the presidency would take place on Dec 12. The daily Nmwai-Waqt said on
    Agencies  -  93 words
  • Article
    Lock icon Comex gold
    95 22 Reuter COMEX GOLD FUTURES gave back most of their gains after firming early yesterday on an upward revision in the implicit price deflator to 4.7 per cent from 4.4 per cent previously reported in the US third quarter gross national product. Analysts said the focus was again on
    Reuter  -  95 words
  • LATE FILE
    • Article
      Lock icon US third quarter GNP up 2.6 pc
      66 22 AFP The US gross national product rose an annualised 2.6 per cent in the third quarter of this year, compared with a growth of three per cent in the second quarter, the Commerce Department reported in Washington yesterday. Late last month, the department
      AFP  -  66 words
    • Article
      Lock icon Soviet, Afghan groups to meet
      68 22 AP AFGHAN resistance leaders and top Soviet representatives will meet within the next week to discuss exchanging prisoners, the withdrawal of Soviet troopa and poetwar Afghanistan, a rebel spokesman said on Monday in Islamabad. The Soviets on Sunday held their first direct talks with Moslem
      AP  -  68 words
    • Article
      Lock icon Sri Lanka: All set for polls?
      54 22 Reuter SRI LANKAN President Junius Jayewardene. besieged by Tamil separatist guerillas in the north and radical Sinhalese in the south, is expected to dissolve parliament on Dec 20. the Sun newspaper said in Colombo yesterday. It said Jayewardene was likely to announce the dissolution
      Reuter  -  54 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      237 22 %&~":"%[<-[]~\=).,`%~"@{`)|!.<~ fT w ?j£ *r. >• •v -u pr 1 k 'X'. QUALITY BEFORE YOUR EYES Rodenstock frames and lenses. The perfect combination of material, technology and design. Kodenstoch West Lwrmcmy SiWl-. \jcnts for Singapore onj Stalausu: Sin Kutintj I Pic LtJ Country Risk Report PHILIPPINES Our latest 28-page report
      237 words
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      Page 22 Advertisements Column 2
      10 22 B Tho *Hvor report vm not avaUaMo at proas tlma.
      10 words
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  • SHIPPING TIMES
    • Article, Illustration
      PSA to set up data links with more ports
      403 23  -  Bremen to link up with Singapore on Dec 1 By JEAN FOONG A HOST of foreign ports are in line for computerised data links with the Port of Singapore Authority (PSA) next year. These include Rotterdam, New York, Yokohama, some French
      403 words
    • Article
      Lock icon Cracks, sinking cause closure of Tanjung Periuk wharves
      249 23 Bernama INDONESIA'S premier port in Tanjung Periuk is operating at half strength following the closure last Sunday of five wharves affected by cracks and sinking. Port officials said the five wharves had to be closed although only two of the wharves had
      Bernama  -  249 words
    • Article
      Lock icon Australia lifts curbs on import of used ships
      136 23 Reuter THE Australian government has announced a cut in financial aid to the shipbuilding industry and has lifted restrictions on imports of second-hand vessels. The bounty paid to builders will fall to 15 per cent of production costs on July 1, 1989,
      Reuter  -  136 words
    • PORTSIDES
      • Article
        Lock icon Missing Liberian ship found
        72 23 Reuter LIBERIAN VESSEL Katia, missing in the North Atlantic after being abandoned by its crew, has been found still afloat but listing badly to port in severe north-westerly gale force winds, Lloyd's Shipping Intelligence Service reported. The 7,500-dwt Katia was abandoned in position latitude 41 24N,
        Reuter  -  72 words
      • Article
        Lock icon Philippine ship grounded at Galle
        70 23 Reuter THE 10,144-DWT Philippine vessel, Extraco I, on a fully loaded voyage from Malaysia for Galle, Sri Lanka, has run aground on rocks at the approach channel to Galle harbour, Lloyd's Shipping Intelligence Service reported. It is not obstructing the passage of other vessels through
        Reuter  -  70 words
      • Article
        Lock icon Veracruz port remains closed
        69 23 Reuter THE GULF OF MEXICO port of Veracruz remained closed to oceangoing and coastal shipping on Monday due to storm winds of up to 90 km per hour, port authorities said. The port was closed late last Sunday because of the winds of up to 115
        Reuter  -  69 words
    • Article, Illustration
      Rotterdam aims for more box trade
      848 24  -  JUNE LIM takes a look at what the European port is doing to improve performance JUNE LIM ROTTERDAM has identified the container trade as one of its key growth areas. Though containerised tonnage handled is still small in relation to bulk commodities, it recognises
      848 words
    • Article
      INDEX TO ADVERTISERS
      1129 24 A Watt Morine 2 AS Shpo V 5 ABSS Shpg 1 AtC Contain#' IX 1 Accord Shpg VI 3 Adrich Shpg VR 1 Ahrenkiel liner X 4 Aittrom VK 3 AC Toepter XI s Amerxon Tpt X 4/5 Anro Service IV 2/3 Arrow lines a 5 Am
      1,129 words
    • Article
      Lock icon Marshall Islands register eyes 2-4 pc of world's fleet
      537 25 Reuter THE SOUTH PACIFIC REPUBLIC of the Marshall Islands has launched the latest of a growing number of ship registers, with the aim of tieing up 2 to 4 per cent of the world's fleet under its colours in a few
      Reuter  -  537 words
    • Article
      Lock icon WEEKLY FREIGHTS
      801 25 AFP A RECENT RISE in rates showed some signs of levelling off over the past week on the dry cargo market, London traders said on Monday. The Biffex (Baltic International Freight Futures Exchange) index, which had risen non-stop since Oct 19, reached 1,517 points last Wednesday, but then
      AFP  -  801 words
    • Article
      Second Intermodal Asia forum to be held in January
      321 25 LLOYD'S Maritime Asia will again organise a two-day seminar entitled Intermodal Asia, after a successful run in May this year in Hongkong, Singapore and Kuala Lumpur. The latest forum will be held at the Ousit Thani Hotel. Bangkok, on Jan 16
      321 words
    • Article
      Yorkshire buys tank maker
      78 25 YORKSHIRE MARINE CONTAINERS Ltd. a whollyowned subsidiary of Sea Containers, has acquired Universal Bulk-Handling Equipment Ltd (ÜBH) from the Laird Group. ÜBH is one of the UK's largest manufacturers of specialised marine tank containers and road tank- n J ers. The factory will continue its existing
      78 words
    • Article
      LONDON FREIGHTS
      1202 30 NEWS regarding future Soviet grain purchases provided the main talking point on sn otherwise rather subdued market on Monday following the US holiday last week, shipbrokers said. The USSR has reached agreement with the US whereby it will purchase nine million tonnes of US grain and soybeans annually
      1,202 words
    • Article
      SHIPPING LIST where your ships are due... and when
      7117 30 AAAMUB Hongkong Eipraaa Trtot. Nov 30< P«) Luna Uwu Uwit Lm« Ooc 1 Ming Qlory. Vang Umg Ooc 3. Ever Oivon. Evergreen Doc 4 Vllle do Neptune. CM 0 Atreaoment Ooc 4 City ol Edinburgh Trtot Dac yMV Luo Ha. China
      7,117 words
    • Article
      SHIPS IN PORT
      1266 30 AT CON\ i J.ll •rn^Vi J.VtM VmmJ B«r >1 Arrival Dsptrturs KEPPEL WHARVES Aconcoguo CIO oioMgud* X11/1700 Adko Mw Aurora Cob K2I oiortgaad* 01 12/1300 ao atonggd* X 11/1900 c K33 atongud* X12/2300 EquoIO' G Od»»*> K22 OtOAQud* X *****0 at otongad* XI1/1030 G t Guotapc as
      1,266 words
    • Article
      Drug test for all US transport workers
      189 34 THE US Department of Transportation (DoT) recently issued new rules mandating that all transportation workers, including maritime employees, must be tested for drug use. The rules go into effect for larger companies in Oecember 1989, but smaller firms have two years to begin
      189 words
    • Article
      Hyundai not prepared to honour deal: HK company
      453 34  -  By VONNIE BISHOP ANOTHER Hongkong shipping concern is engaged in an argument with South Korean shipyard Hyundai. Orient Ship Management Ltd has found Hyundai not prepared to honour its guarantee clauses on three vessels built during the slump of 1986. According to
      453 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      842 23 Times Pubhshmq Group OOCL jAROINE SHIPPING AfiENCIE* 200 Cantonment Road #12-05 Sournpomt Smgipot 0206 Tel *****11 Tele« RS ***** Facsimile *****09 TERMINAL/CFS T# *****19. *****19. *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS Tel *****305 PfSAXA JAAOINC SNIPPING AGENCIES SON 9HO I. PORT KELANG Tel 36(4111 TMi MA *****/ MA *****
      842 words
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      Page 23 Advertisements Column 2
      106 23 rape ROTTERDAM has identified the container trade as one of its key growth areas. Pag« II THE SOUTH PACIFIC REPUBLIC of the Marshall Islands has launched the latest of a growing number of ship registers, with the aim of tieing up 2 to 4 per cent of the world's fleet
      106 words
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      Page 23 Advertisements Column 3
      723 23 SWi #5sS MAERSK LINE i RELIABILITY, PUNCTUALITY DEPENDABILITY Th« week Luna M Closing T«ne CY 30/11 2300 MRS CPS 30/11 1300 MRS luna m mm M PARIS 8816 ARTHUR M 8802 AMMA u BMB M ROTTEROAM 8802 M TOKYO 8802 To Europe- UK Scandinavia Finland RTffl lOOC M Kobe M
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      618 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG I BREMERHAVEN ROTTEROAM/ ANTWERP HONGKONG EXPRESS CITY OF EDINBURGH KAMAKURA LARGS BAY MEONIA TOKYO BAY LONDON EXPRESS I ALSO ACCEPTING CARGO TO AIL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTEROAM. CARIBBEAN S AMERICA CONTAINER SERVICE
      618 words
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      Page 24 Advertisements Column 2
      18 24 Lines and services represented by Members of the Registry of Accredited [5 Shipping Agents, Singapore National Shipping Association.
      18 words
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      Page 24 Advertisements Column 3
      477 24 S/ C SAV Ccrrpjn j Sud Americana do VJDcrcs S A C- >'Jn i EXPRESS SERVICE TO/from CHILE FEEOER VESSEL CSAV 1 CSAV 2 CSAV 3 SPORE 3*ll m 2 m ■OTHER VESSEL NK TOKO MICA *QQ ANTOFVALP SAI E. SPLENDOR 12/12 *02 4/2 1/2 at acama aiu m IK
      477 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1120 25 \*M 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 Accepting Cargo For: I to CapaaOagn. A»r» *m to Aotwva MM mim to Brwoao m+m to aM UK tamtam CONTAINERSHIP SERVICE FROM UK CONTINENT: TOKYO
      1,120 words
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      Page 25 Advertisements Column 2
      834 25 BALTIC SINGAPORE ANNOUNCES Our dedicated 7 days frequency RO/RO LO/LO services to HCM commencing 15/12. Main feature of the services are: 1) Accept main Line thru BLS. 2) Accept D/l (Direct Interchange) of main Leasing Co Containers in S'pore. 3) Own secured warehouse in HCM for unstuffing LCL/Break-Bulk cargo/FCL. 4)
      834 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      463 26 mSINOSE MARITIME PTE LTD Singapore Loading (orIRAN MAHALLATI PJLK6 SID BANDAR ABBAS T*YOWA\ KYOWA LINE ■OTNU VSL HK LOAO FOR: KYOWA VIOLET VJ2 202 VILA, MM. LTK, SUVA, MOO. APIA KYOWA HIBISCUS VJI 2*12 VILA, MM, LTK, SUVA. PAGO, APIA Jl '/O _ft I! U[ A i 11 i J
      463 words
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      Page 26 Advertisements Column 2
      676 26 JCSline rMf/1 w**mt c§»r**A"— FULLY CONTAINERISED SER VICE fO fUROPf VIA SUf Mrmbf ot the Ace Comof CONUbNTIONAL SERVICE TO PERSIAN GUI U GCN AGENTS CROWN MARINE CO (PTE) LTD TEL: ***** M (t Urm) FAX NO: 223 MM HAN JIN HA** CONTAINER LINES, LTD. OUTBOUND SERVICE TO U.S.A. jajMMJ.ii
      676 words
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      Page 26 Advertisements Column 3
      128 26 I J international freight forwarders guarantee weekly consol FROM H r WDM STEAMSHIP FORTNIGHTLY EXPRESS CONTAMER SERVICE TO INDIA SRI LANKA Agents:- SHARIKAT TRANS-ORIENT SDN. BHD. SINGAPORE *****10, *****56 PORT KELANG: *****94/5 JVantaiJVne FAR EAST MAURITIUS/SOUTH AFRICA SERVICE REGULAR FULLY CONTAMERISED EXPRESS SERVICE NANTAI PRINCE V-19S MARIA OLDENDORFFV-5S NANTAI PRINCESS
      128 words
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      Page 26 Advertisements Column 4
      837 26 EVERGREEN Full Container S> PrWCt* Round-The World East Bound (FE/CARIB/USEC/E URO/F E) EVER GROWTH EVU GUANO ever on EVU GOLDEN EVU GLOK EVU GENIUS also accepting camo to Ot KLC PUS ORK TYO CMS ML R mjummvrumtuuiuufumi- S« am WpWiWoSuS. am mm mi nru mi am am viu mm vm
      837 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      665 27 \w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE MA OLORY OOWA HOTA MELATI iana ion Mna an a BANGKOK CONTAINER SERVICE BEL A WAN/STRAITS CONTAINER SERVICE SIN in: an: 4/12 an: •nj m 17N
      665 words
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      Page 27 Advertisements Column 2
      223 27 CHINA OCEAN SHIPPING COMPANY CO* CO wlc cowvnmoMAi wnvicat KK PCD P Klg Penang Loading for TOKC CHUAN 1/12 Rotterdam/Antwerp JIANC CHUAN |ifll Rattord—/Anfawip Penang Pklf Sport BU Hkg S'hai Qingdao E CHENG *3 2/12 3/12 4/12 *12 13/12 Accepting TCI Cargo tar *11 «thor ChinoM ports Pkl( Penang Sport
      223 words
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      Page 27 Advertisements Column 3
      500 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT (tauten bf ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASM AN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA. FIJI AND NEW ZEALAND FOOM NEW ZEALAND MAIN LINE AKL NAP TM TCA HKG(TS) I
      500 words
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      Page 27 Advertisements Column 4
      344 27 IT D J AS AGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURJ LLOYD P.T. SAMUOERA INDONESIA P.T. TBIKORA LLOYI EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE VSL/VOY U. BONTANG/16WB SRIWIJAYA/2SWB lAYA/25W8 16WB ANTWERP H'BURG/ ROAM/AO AM BREMEN 23A 26/1 5,7 10'2 3/2 26/2 -A a DJAKARTA LLOYD
      344 words
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      Page 27 Advertisements Column 5
      329 27 BOUSTEAE SHIPPING AGENCIES mrrrrrtrl BURMA FIVE ST (Burmese National Line) PAGAN VUMf HTONEYWA V24M PA-A* VUIW Spore P.K Z3/X Nov 2V30 No* 30 Nov/2 Doc Loading for Rangoon^ P.Kelang Pwung Baoj iii' um'lllaiwjvj.ijiii' TAMA IT AI SAHOA VI4N FORTH BANK V23N IVY BANK VZ3N SPORE ROAM HULL M 2 4/1
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      476 28 KAWASAKI KISEN KAISHA. LTD. 'K'linb N. AMERICA-ATLANTIC COAST N. AMERICA PACIFIC SOUTH-WEST ■export HONGKONG CONTAINER KOREAN JACEJIN KOREAN JACEWON •PK/PNG 2/12 LE HAVRE rSTOWE 22/12 23/12 25/12 27/12 21/12 31/12 KOREAN CHANCE ACE CONCORD ORIENTAL CHIEF LE HAVRE FSTOWE R'DAM 12/11 13/11 15/11 21/11 22/11 24/11 28/11 27/11 21/11 LE
      476 words
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      Page 28 Advertisements Column 2
      230 28 AtxepMng LCL and South Africa oonMmrtitd ctrQOti Olftct to VAAL 6739F VENTO 10MF NEDLLOYD COLOMBO M3tf OSAKA MARU «43F m JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE (808 Td: 221X111 TELEX NO: RS 2(179 TERMINAL/CPS Tel *****15-220 BOOKINGS Tel. *****34 235 a V* THE PAN-ISLAMIC
      230 words
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      Page 28 Advertisements Column 3
      609 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accopllng FCUFCL CmMnn TULSIDAS V 3 KALIOAS *40 TULSIDAS VJS Ml DAS *41 TULSIDAS *40 Support PKlUni Panang Loading Mr Mother vtl Bi r—Om Feeder Ok frwt, kWt) Srdn AM 3 len SOk 26 Dec Am 31 i* 24 jan 24 Jan r r *m MefcSydn
      609 words
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      Page 28 Advertisements Column 4
      415 28 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA -mil Tm Spar kmc cnenc 7/u mu UNC QUAN M 22JU M 2 VfU M Dan Ikrt Klm 21/12 23/12 s/u a/12 hm m m QUAN QUAN SHIPPING SON. BHO. P. KLANC Tat JMK-7. Tatai Ma: IM M7lO PENANC Tat:
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      Page 28 Advertisements Column 5
      294 28 —L- PHIU on ICNT LIN €5 PT€ LTD Mf AO Off ICC 63 ROHNSC* ROAD -B? i? AFRO ASIA BUHOING SINGAP ORC 01C5 TCLCX RS 287?0 PHILI FAX ??556?6 MVihi l i n n wi via 7r*» nru Lznrrn rm rrr —n —r ivn wa'\r :frr^—■ j in ,hj m.-m
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      898 29 NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Gorvoral Enquires: T«l: *****77 Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 779MU *****11 NEPLINE SON. BHD. 364NV NEPLINE SDN. BHD. 2614QJ3 NEPLINE SDN. BHD 62U35/*****0/«2*41/6271t2 tmjvm,ty NEPLINE SDN BHD. 23MM/2M841 FAR EAST/EBROPE FVUY CONTMBUB SBNIK A am dn»ic< c<»»ortion, TO EUROFtt/UK (VIA SUEZ):!
      898 words
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      Page 29 Advertisements Column 2
      363 29 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG, KEELUNG. BUSAN. INCHON Vessel's Name ETO BS S'PORE PKLG KEE BUSAN MO JI NO J DON AM/lION 20(11 01-04/12 OS-OM2 13-13/12 14-11/12 1102 tCIORIA/lUN 23/11 M-OS/12 ««/12 (SKIP) 20-22/12 22/12 NO I OONAM/tION 05/12 IHI/12 24-25/12 01-07/01
      363 words
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      Page 29 Advertisements Column 3
      836 29 rugr Tii 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 ***** POMK p KELANG MISSUS MAI THONC SHIPPING 127 Pentnf Street. Ptntng. Maltysia M/S HANDLING SYSTEM
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      257 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225-6868 (34 Una) FAX *****39/*****76 TELEX RS ***** A/6 SSCMA RS ***** A/B SSCAD f DSR-LINES l VER DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE "VIA LARMACA ACCEPTING CARGO FOR UMASSOL BEIRUT. LATTAAIA,
      257 words
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      Page 30 Advertisements Column 2
      101 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAI TO TAIWAN A JAPAN ■mnmi t~ii j ggm gg gg gg ggm mQg uagicaHiiytamgamm B3 B3 Q Q Q QIH QjmgmggggiQlQl •Wookly LCL MrricM to Kootniung. K**lun(. Tokyo and FROM JAPAN TAIWAN irrai «ni T~amrT7T~sf~« MCKtKs Aa m BBBSII3I CI Hi
      101 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      159 30 T l Regional Weather Yi fi Wi VI >v% •I K i s V v* V W«HJ <*>ect«o oiifi sp**d in knot* SIGNIFICANT WEATHER AND SEA CONOfTIONS AT 7JO AM. Nov 90, IMS UGCMO R Thunderstorm Temperature c A Shower Weother (Vec»on *.re> speed m krvots Rom U Cloudy Sky
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      514 31 |WFARGO SHIPPING f> Tel: SB4 0122 REGULAR EXPRESS FCL LCL SERVICE A ABC CONTAINERIZE N.V. TO AUSTRALIA/NEW ZEALAND IE rTWT Uana 04 L IMfcBS Inwl W 12 days to Melbourne! TO USA/CANADA TUT Imnm ZW L M| as ■nanl 217 ft—ll ma I*? on AJm wotm cjrft IkUSA Nmlm, SmmA,
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      Page 31 Advertisements Column 2
      245 31 CSP SHIPPING AGENCIES PTE. LTD. LOS ANGELES FREMANTLE BUSAN CHINA (ALL PORTS) BOMBAY MANILA SYDNEY/MELBOURNE KCEI I MIA KOBE/OSAKA TOKYO/YOKOHAMA COLOMBO FELIXST OWE/LONDON KAOSHIUNG KARACHI JAKARTA ROTTERDAM PT KELANG/PENANG BARCELONA 11/12/9S 10/12/89 4/12/ M 5/12/88 12/12/89 2/12/99 7/12/99 4/12/99 S/12/99 5/12/99 3/12/99 2/12/99 4/12/99 12/12/99 7/12/99 12m 12m 12m 12m
      245 words
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      Page 31 Advertisements Column 3
      668 31 JJ J M CRYSTAL WEEKLY CONSOL SERVICES USA. LOS ANGELES 8/12/88 MELBOURNE/SYDNEY 7/12/88 FAR EAST k BUSAN 8/12 BANGKOK 3/12 HONG KONG 7/12 KEE/KAOH 5/12 fcAU, BOOMNQ HOTLINE FOR BEST RATES v I I 1 S I t t TEL *****88 TELEX ***** CF9N FAX: ***** M \ta ?ZoSffo/ INT
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      Page 31 Advertisements Column 4
      122 31 Tatsumi Marine DMECT SAUNQ TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) other ports sublet to inducement (amo accepting transhipment cargo OROBAY MADANG, KtETA. WEWAK KtMBE RABUAL via LAE) PTE. LTD r* BrrnocKANiCA ia (CmiAN NATIONAL LINK) GREAT ANDES SERVICE AIM KXJtOOI VALPARJ aOftCANA MBS IQUMJOC VALPARAISO SAI lMn 22«1 23/01 CARQO
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      Page 31 Advertisements Column 5
      332 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 4> cn a n l ojyj a. Algerian National Line •ill ".illfi! 1 1 '.liH S POKE LOADING FOR KSAR ETTIR SW ALGIERS, ORAM. SKIKOA. ANNAM MV BISKRA 25/12 ALGIERS. ORAN. ANNABA. TUNIS ALL VESSELS ACCEPTING FCL
      332 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      513 32 FINE-LINER SHIPPING Y&5, PTE LTD '0 Shenton M i.'C Vinm Hou-o S nor.> O.'i IF I mini TIX RS :.'MI fii%FR rAK .w^sf. EUROPE SERVICI ffCL LCL) l. T I i: a/u vrv JA *1 un un am i i/u 11/1 u/i un n/i FAR EAST 11$ 1$ i* L^i^iinTrT^rnrr-^MfT-Tr^jpTTjj
      513 words
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      Page 32 Advertisements Column 2
      625 32 Z I M FULL CONTAINER SOVICE acta*** Ftt/LCL 1. US! i Carrttbaan.East Canada. HAITI Coata Rica. ElSlvJeor GnaWa ttoSS" Nru. CsNmbia da Urni. TrUM, IvM* AM,** 'I 1 11 1 ■II <3 3111 'A I I.! Hli lJ.'i'laH:'.'/ ACCEPTINB CARGO TO ADELAIDE VIA MELBOURNE AND ALSO FCL TO WAN ZIM
      625 words
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      Page 32 Advertisements Column 3
      298 32 Si \iPav 5 DC VAPORES B 5 "PERUVIAN STATE LINE" ft R LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTNER K CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pwunf* P. Ktlanf* Sinfpcrt ROSEEVERETT ya(U tec HANOLOEVERETT 17/11 Dae JOMNEVERETT 2S/X Oac EVERETT ORIENT UNE' JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING
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  • Page 33 Advertisements
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      375 33 Seabtfdgfe MTERCONTMENTAL LINES jeuro services SEABRtOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM, RTM. L HAVRE. ANT. GENOA. ARAHUS, STOCKHOLM. HEL. CPH. GOTBG. MARSEILLES, OSLO ft ALL INLANO DESTINATIONS POINTS. SEABRDI6E FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG
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      248 33 TIB Consolidation Service PAPUA NEW GUINEA SIN: 14/12 PT MORESBY/LAE PACIFIC ISLANDS SIN: 23/12 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 4/12, 28/12 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 TLX RS ***** JAVELIN SHIPPING PTE
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      588 33 ifJ l i TIL: 75M411 FAX: *****47 TELIX: US ***** SKHST LCL/FCL SERVICE JENHOL V 93N 4/12 JENWEL V 92N 30/11 DESTINATION BANGKOK PORT KELANG HONG KONG. CHINA PORTS KEELUNG. KAOHSIUNG MANILA BUSAN KOBE. TOKYO SYDNEY. MELBOURNE. ADELAIDE. BRISBANE DUBAI CHITTAGONG LOS ANGELES JAKARTA JAKARTA 7/12. 22/11 13/12, 22/12 7/12.
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      537 33 GLORY NAVIGATION GROUP HH'liVßll.'l d.ITTTTn TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' SP PKL PN BLW KAON GLORY SELATAR VII Voy SM In Ft GLORY SLA TAN VI 4 OK TIA 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR
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      360 33 PTC CONTAINER LINES iCI LCI SERVICF PIC CAKXJV US tfif 5/12 KEELUN6/KAOHSIUNG 3/12 BANGKOK 4/12 MANILA 3/12 JAKARTA 3/12 PORT KELANG/PENANG 1/12 BUSAN 5/12 TOKYO/YOKO/KOBE 3/12 HONG KONG also aca jpting cargo to Huangpu Shenzhen/Fuzhou Xiamen/ Xingang/Shanghai 4/12 RDM/HAM/ANT/LE HAVRE/GENOA 3/12 LDN/FLX/LVP/SOU > < y/J T M T i 4/12
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      457 34 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS 2206T RS ***** t* 1 \S|| R\( \K I IM K I). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN 1 CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE
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      267 34 \C^ O COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SE»i-COHTA*€R SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE IK VSS 2/12 Port Hornby. La TAYBANK VSS COLUMBUS NIUGINI V2S Port Moresby, Lm, Rabaul, Kimbe Port Moresby, Lm, Rabaul Accepting LCL cargo for main ports discharge and also to
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      121 34 P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFmRE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****77 Trr z GENERAL AGENT: SINGAPORE NEPTUNE AGENCIES PTE LTD Tel: *****90/*****20/*****33/*****69/*****79/
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      718 34 Will CALL US AT: P. KELANG PENANG J. BAHRU P. GUOANG SINGAPORE K. LUMPUR *****53/36*7111 04-*****2/4, *****3 07-***** 07-*****3, *****5, *****0, *****1 02-*****22 242n« WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE rrrr r77i rm BREMERHAVEN COPENHAGEN, HELSINKI MALMO OSIO. STOCKHOLM. UK. FROM EUROPE vsi SELANWA «U FuSAN ROBE LOADING FROM
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  • PROPERTY AND CONSTRUCTION
    • Article, Illustration
      Lock icon Untitled
      458 35 There is little doubt that the property and construction market is recovering from last October's stock market debacle. Potential investors are keeping a sharp look-out for bargains, especially in the retail, industrial and office sectors. Among the major commercial properties that have changed hands this year are Plaza-By-The-Park, an office
      Source: Ministry of National Development  -  458 words
    • Article, Illustration
      Climbing, climbing, climbing
      1017 36  -  Report by LEE HAN SHIH PROPERTY PRICES went up by an average 12.5 per cent in the 12 months to March 1988, according to the latest Property Price Index, published quarterly by the Ministry of National Development. The best performer among the different types of properties was
      1,017 words
    • Article, Illustration
      A turn for the better
      1620 37  -  By LEE HAN SHIH Property Correspondent JUDGING from the historical supply and demand pattern, the Singapore property market is in robust health. At the end of June this year, the occupancy rate of all major property sectors, except that of commercial properties, was in the
      1,620 words
    • Article, Illustration
      Lock icon Brighter days ahead for market
      1158 38 REAL ESTATE DEVELOPERS' ASSOCIATION OF SINGAPORE (REDAS) IN THE PAST three years, the Singapore property market has gone through several dramatic phases. It plummeted with the economic recession of 1985 and 1986. Just as recovery was underway early last year, the unforeseen October stockmarket crash
      REAL ESTATE DEVELOPERS' ASSOCIATION OF SINGAPORE (REDAS); Source: PUNCH  -  1,158 words
    • Article, Illustration
      Building up a profile
      1701 39  -  By CHOW KOK FONG General Manager, Construction Industry Development Board THE CENTRAL issue in the profile of the 'construction industry over the next few years is the size of the sector. In the half of this year, the volume of contracts placed in the construction sector
      1,701 words
    • Article, Illustration
      Promising prospects
      1595 40  -  By EDMUND TIE DMUND TIE, Managing Director, JLW Property Consultants BARRING unforeseen circumstances, the outlook for the property and construction industry in the near future remains positive as the Singapore property market is now on the threshold of its next development cycle. Based on projections of supply in
      1,595 words
    • Article, Illustration
      The changing face of office space
      486 41  -  By RICKIE TANG Agency Director, Debenham Tewson City Valuers NEW TRENDS are emerging in office space demand. While buildings have to serve the long-term needs of occupiers, space requirements are continuously changing. Restructuring within the service sector, the rising number of professional staff and
      486 words
    • Article, Illustration
      the intelligent building...
      1122 42  -  By TONG SUIT CHEE INTELLIGENT BUILDINGS have become the rave in the western world. Wiring up new buildings with fibre optics and state-of-the-art controls has opened up whole new vistas of possibilities. The buildings are to meet the needs of modern offices, plugged into international telecommunications highways
      1,122 words
    • Article, Illustration
      Are there limits to the tourist industry?
      1191 44  -  By BRIAN GOMEZ THE SENSE of gloom that pervaded the hotel industry during the 1985/86 slump raised a legitimate question Are there limits to the growth of Singapore's tourist industry? The fears were very genuine. Besides a number of smaller hotels, two behemoth
      1,191 words
    • Article, Illustration
      The year of the customer
      1645 45  -  Report by ALVIN TAY Financial Editor THIS YEAR SAW the most intense and aggressive war that the major home financiers have ever waged against one another. But in consumer banking, the more bitter the tussle among the banks and finance companies for market share, the
      1,645 words
    • Article, Illustration
      Landing homes
      897 46  -  By CHIA NGIANG HONG General Manager, Property and Marketing Division, City Developments Ltd BEING THE most resilient sector of the property market, the residential sector has once again made a full recovery, with demand coming very strongly after the 1985 and 1986 doldrums. Over the years, there have
      897 words
    • Article, Illustration
      A question of values
      1835 47  -  By NAT KHUBLALL author of Singapore Property Tax Law and Valuation TAXATION of property land and buildings can either be classified as taxation of income or taxation of capital. Property tax, as imposed under the Property Tax Act in Singapore, comes under the first category, which
      1,835 words
    • Article, Illustration
      LOOKING INTO THE FUTURE
      1343 48  -  By WILLY P Y SHEE Director, Richard Ellis THE FIRST 10 month# of this year have seen further strong growth in the property investment market with a number of major transactions taking place. Values have risen to a level where mortgagee banks or receivers holding properties
      1,343 words
    • Article, Illustration
      ROOM FOR MORE INDUSTRIAL SPACE
      700 49  -  By Y S BOEY By Y S BOEY Managing Director, Debenham Tewson City Valuers THERE has been a distinct market focus on industrial properties in the past three months. Over the next three months, industrial rentals are expected to rise across the board by at
      700 words
    • Article, Illustration
      Hot property
      1124 50  -  By LISA LEE Property Analyst, Sun Hung Kai Securities (Pte) Ltd WITH BOOM TIMES poised to stage a comeback in Singapore's retail trade, demand for prime shop space is racing towards previously unmatched proportions. But since the last new retail development the Marina Square shopping complex was completed,
      1,124 words
    • Article, Illustration
      THE FOREIGN FACTOR
      1229 51  -  By TAN TIONG CHENG By TAN TIONG CHENG, Director, Knight Frank Cheong Hock Chye Baillieu BEFORE the last property boom in 1981. foreign investors who were most active on the local property scene were our immediate neighbours the Malaysians and Indonesians. But the last two years have
      1,229 words
    • Article, Illustration
      Today Singapore, tomorrow the world
      1450 52  -  By QUAK SER KHOON Manager, International Affairs Unit, CIDB SINGAPORE construction firms fared reasonably well in the world market during the first half of this year. A survey carried out by the International Affairs Unit of the Construction Industry Development Board (CIDB) showed that the
      1,450 words
    • Article, Illustration
      A positive response
      903 53  -  By CHAN KOK WAY By CHAN KOK WAY, Executive Director, Singapore Contractors Association Limited NOW THAT THE Construction Industry Development Board (CIDB) has unveiled its strategies for the construction industry over the next decade, the question that arises is whether contractors can respond positively to the plan
      903 words
    • Article, Illustration
      TROPICAL CITY: towards a reality
      1320 54  -  By TAY KHENG SOON Architect, Akitek Tenggara ARCHITECTURE has always meant more than just providing shelter for activities housed within a building. People expect more than utilitarian construction. They expect buildings to express something of themselves or stand as splendid symbols of what they hold
      1,320 words
    • Article, Illustration
      We have the technology
      956 55  -  By FRANCIS LIM HIN HIAN Associate Director, Knight Frank Cheong Hock Chye Baillieu PROPERTIES cannot be bought "off the shelf", at least not yet. Buying or leasing a property is very often a personal decision and the deal is seldom concluded without a visit to check
      956 words
    • Article, Illustration
      Retail district
      864 56  -  Report by LEE HAN SHIH Property Correspondent Building guide 1 Shangri-La Hotel 2 Ladyhill Hotel 3 Kevin House 4 Orchard Hotel 5 Detfi Orchard 6 La CI ass i que 7 Century Park Sheraton Hotet 8 Marco Polo Hotel 9 Singapore Handicraft Centre 10 Development Site (Cultural Activities)
      864 words
    • Article
      Prime property
      1106 56 OFFICIALLY, Golden Mile is the stretch of Beach Road that starts with the Raffles Hotel and ends somewhere near Jalan Sultan. It is so named because, once upon a time, there were grand plans to redevelop the stretch into a shining example of modern Singapore, full of shining
      1,106 words
    • Article, Illustration
      Lock icon The Japanese are coming ... again
      1282 58 The Japanese are coming again AFTER STAYING on the sidelines during the first quarter of this year, Japanese investors are once again big players in America s real estate market. Real Estate Newsline, a monthly publication by Kenneth Leventhal Company, estimates that in the first eight months of 1988, Japanese
      Source: Kenneth Leventhal & Company  -  1,282 words
    • Article, Illustration
      For the happy-ever-after years
      1105 60  -  By DANIEL TEO Managing Director, Hong How group of companies A DRAMATIC CHANGE is expected in the age profile of Singapore's population in the 21st Century. In 1980, there were 174,000 people aged 60 and above In 1985. a 14 per cent rise saw the number
      1,105 words
    • Article, Illustration
      New markets for the bold and nimble
      1798 61  -  The great cities of Europe are no longer as far away as the moon for Singapore investors. A number of the more adventurous have already ventured into London and are making profits from it. From London, it is only an easy step to
      1,798 words
    • Article, Illustration
      In the neighbourhood
      1377 62  -  By LILIAN ANG JAPAN THE JAPANESE real estate market is one of the most expensive in the world. But although the small percentage of habitable land has always kept property prices relatively high, the real take-off in values occured only over the last few years. According to
      1,377 words
  • Page 35 Advertisements
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      187 35 a Demand and supply 2,3 An overview 4, 5 IJvl if L« Future 6 Offices 7 Intelligent buildings 8, 9 i\ JIwJ Lb Hotels 10 Financing 11 Landing homes 12 Commercial 14 Industrial 15 Retail 16 Foreign factor 17 Construction export 18 Contractors' problems 19 Architecture 20 Teleview technology 21
      187 words
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      393 36 A home is not just a shell. Its the commitment of a lifetime V;V* •*v T*? -v. "XV- V S "*Y- -Z .K't,»' s i..." 1 Ti v J& k* .v <?• i w jc V svC* «jf >,A v i C^K* C^..'-.*-> :Ov V* > 1* £3 "3. T
      393 words
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      136 37 i 98? IPBSkV r-, i Hp: 7i SPfe~4&: Pin V 'iJ r. T^ c «pr The splendour of Springwood can now be viewed at the two show units. Show units open from 11 am to spm daily. Developer: 'A MMAi %iU% Ngy wL// Wli for Park Court Pte. Ltd. I=4_>
      136 words
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      Page 38 Advertisements Column 1
      191 38 Get ptofessional results from the internatknal firm with local expertise. When it comes to property consultancy, you can't go wrong with Knight Frank Cheong Hock Chye Baillieu. Because our expertise combines 50 years' experience in Singapore and over a century worldwide (by being a part of a global network of
      191 words
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      178 39 THE FRST PIECE OF GOOD NEWS SINCE 1947. t. 1 I# J|| Govt t° Kent Cog trol At a glance NOW. MORE GOOD IHIS Overnight, the Rent Control property you've owned* for years has turned into a valuable asset. Now, Citibank s Mortgage Power lets you take full advantage of
      178 words
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      Page 40 Advertisements Column 1
      210 40 JONES LANG WOOTTON THE ACHIEVERS r> -V 4+ A '*«r I*9 r i M The team at Jones Lang Wootton is distinguished by exceptional qualifications and depth of experience. A panel of hardworking professionals who will see your deal through from the start to finish, quickly and efficiently. Experts with
      210 words
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      471 41 J 1^ M«IW» ~5 When your bank introduced home loans at 41 p. a. for the first year, was it only a short term commitment? Not so long ago. the home loan market was ll(*xled with all kinds of benefits for borrowers.The best of which, was probably the offer of
      471 words
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      112 42 a 4.:,, psgg s r: <*■ t s t -i~ *< *£h*&ot m -,x> car c "V V;. !T A 1 1 5 <*:■ >■ fix Hwr*7.J*«*.o -V qo«* Ci»**tttkwH w "»«f UtvmnM^ yTCndrtVw, < r m<j Ci Vum«m 1 \Jt*«V* WfW. cert fv* 6 rtD V»«L *v* _z .Li
      112 words
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      111 43 id ik -JF ."j F si i ■j m -x .-t tM r <w < 1" V£ 4? Vi." m lEla m 31 >■ Sr .0 CJ S/ .wi3 ***'••<» ?c CJ m ■'■k S 05,".-*-". u. Ipt 3~i •«a >v m i». <' V tfier successfuC chapter,.. )u very
      111 words
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      490 44 Why we have two cf everything Have you looked at yourself in the mirror lately? Did you notice a J rather intriguing pattern *"1 in that marvellously N designed body of yours? How you have two eyes, two two ankles,'' two lips, two knees? How everything seems to come in
      490 words
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      268 45 Aljunied Tel: *****04 Ang Mo Kio Tel: *****57 Beach Road Tel: *****07 Bedok Tel: *****71 Bukit Merah Tel: *****84 Bukit Timah Tel: *****02 Clementi Tel: *****21 Geylang Tel: *****55 Grange Road Tel: *****77 Havelock Road Tel: *****48 Hougang Tel: *****85 Joo Chiat Road Tel: *****50 Jurong East TW: *****39 Jurong
      268 words
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      283 46 I) I) AM K Sw w K :v.v. tftf V. ••I v.-.' tf! iiw«i sS2scsij6c r.v rj JV sss? SSSi K rj S ■>: gg X 'Mi A »V.V.V! JW.WS as m v. .vs ft* tfi SftRW M* S wwC^^ [yT7T*T_T\T*T*T_TyiVT_T_T~TT~T_Tjr^ iiiiiiitiiiiiiii xlx i t i r x t i
      283 words
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      386 47 FOR SALE v V s JU r TECK HUAT CHAMBERS AT 593 HAVELOCK ROAD BY TENDER Property Summary Legal Description of Land Land Area Tenure Master Plan Zoning The Building Total Lettable Floor Aea Carparking Facilities Occupancy Lot 868 Mukim 1 Approx. 491.8 sq m (or 5,294 sq ft) Freehold
      386 words
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      391 48 f I m "t; *r Jg&SiSS'g 5 YEARS 'fft&tfUP 10 cf^ooo a V* b-*°£Z*r* f&£. 'Rateseffective I December 1988 Of all the packages you'll come across on your way to the top, ours Is unique: It's the only one that offers options. Choices that allow you flexibility of repayments and
      391 words
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      176 49 N> V X r— B i r' 1 r Vv x II SE li k m .■^zsggSßaas :i ,^s> r# jifUGLISTON Y IEW The Colliers Connection! Achieve the right exposure and optimize market response for your property, with the people who can realise your targeted returns in sales or lease
      176 words
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      408 50 Over 60% Sold ScamewLere 4m Simjapcre, iLere's a little Lit of TEiMjILnJ. Jf the rnain traffic artery of I Wjuju® Pasir Pan fang Read, fringing i yßSßfla gre"*ry and tranquility of Kent Podge Nature Reserve, there is a bit of the English countiyside come to life. Flanked by Kent Ridge
      408 words
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      347 51 v.; Inoneof Holland Hill's most desirable elevated locations OLINA LODGE condominium comprises 67 exclusive low-rise units with a swimming pool, wading pool, tennis court, gymnasium, a§lEo& i OLINA LODGE condominium comprises 67 exclusive low-rise units with a swimming pool, wading pool, tennis court, gymnasium, function hall and playgrounds. Located in
      347 words
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      130 53 "ait BBT a FINANCING FROM CHASE MAKES IT A HOML Finance a home with Chase before 15 December 1988 and get a personal loan of up to $50,000, with the first $20,000 interest-free. Use the money to feather the nest any way you like. When you consider that Chase also
      130 words
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      182 54 We OFFER MORE FOR A LOT MORE LESS Colombo Court Seiegie Complex UDMC represents some of Singapore's most sought-after addresses. Both residential and commercial properties. On short or long term leasing period. Colombo Court and Seiegie Complex. Conveniently located. Within CBD area. At reasonable rental. luxurious and charming Colonial Bungalows
      182 words
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      225 55 #r ft #1 0 NEW SOO CHOW GARDENS Freehold Land Title Ideally located on the hilly edge of Macßitchie Reservoir 82 charming units of 3-storey and 2-storey terraced houses Built-in areas (2,118 to 2,580 sq ft) Land areas ranging from 169 to 459 sq m (1,817 to 4,935 sq ft)
      225 words
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      Page 55 Advertisements Column 2
      165 55 ***************35S SyNffiOUHOttniMMIOUIWJfiHK Competitive Rates! Ir! r Credit POSB. The most affordable way to own your home. We have revised our rates downwards to give you the most affordable home financing package ever. No frills. No strings attached. No catches. Just the most practical and most realistic terms so that you
      165 words
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      225 56 ue p P The convenience, the closeness of: The ultra-modern National University Hospital The National University of Singapore The Polytechnic The Japanese School PLUS! Exciting new developments in the neighbourhood: The Science Park Haw Par Villa The Omnitheatre Features Top-of-the-line fittings and features The combination of structural beauty with function
      225 words
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      Page 57 Advertisements Column 1
      436 57 FlexiPlan Home Loan. Most home loans start off pretty much the same But the difference which are consistently competitive and will remain that way. There's even a FlexiPlus package can be huge ir the final stretch, especially when you've exhausted .ill your eligible funds. for first-time home buyers at 1/4%
      436 words
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      323 58 NO LOCKUP SITUATION Now you can get a housing loan from the convenience of your home or office. No more trips to see a loan officer just pick up the phone and ask for our TELELOAN PLUS Service. We will process your application and give you an answer right way.
      323 words
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      489 59 The Quality Builder. Asiawide Investment's mark of quality is evident in its numerous private housing projects such as bungalows, semi-detached houses, terrace houses, condominium apartments and town houses. Each project with its own distinctive architectural identity, is designed and finished with the finest selection of materials. Let the quality builder
      489 words
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      349 60 Presenting the facts about multi-room aircons: (Typical 4-room Model A') (Typical 4-room Model A') BATH/WC BATH/WC —ip-v BATH/WC BATH/ VVC KITCHEN DINING KITCHEN DINING a* BEDROO a> m ■m J""'Mj -ff;- > 13 *3 -M -v Jfc STORE &•< r! —WBSBa LIVING 9P BEDROOM JV ■r >: f* M M
      349 words
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      94 61 The latest from IT'S WORTH A CLOSER LOOK Whether you are buying a COMMERCIAL PROPERTY t or already own one. A r* Revolving credit facility available. rree valuation. Prompt service and fast processing. Credit Corporation (Singapore) Limited offers you the expertise and experience of our highly motivated specialists who are
      94 words
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      198 62 '<* i Amara Shopping Centre 95% occupancy within 4 months 1■ i fl The Arcade 3 floors sold mm m Chelsea Village 38 units sold one month after October launch Land at No. 5 Ardmore Park Sold 14 New Industrial Road Sold A track record you can depend on. Hexagon
      198 words