The Business Times, 10 October 1986

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, OCTOBER 1%, 1181 75 CENTS
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  • 196 1 Ovsrssas markets THURSOAY HK Hong Seng Index 2271.15 (+66.74) Tokyo Nikkei Average *****.23 (+135.43) Sydney AM-Ordinaries 1338.1 (+5.5 WEDNESDAY New York (Dow Jones) 1803.85 (+19.4) London (FT 30 Index) 1248.1 (-9.2 TKESIckeed slightly lower at «2.1710/» against the US$ in the forex market yesterday. But it gained
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  • 631 1  -  Strong foreign buying sweeps through region By AMY CHEOK SHARES rose strongly in the East, helped by strong buying from the West yesterday. The surge in demand which swept through most regional stockmarkets also took share prices on the Singapore stockmarket to their highest
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  • 395 1  -  G>||[lCTtf By RAMESH CHANDIRAMANI THE THIRD LEG of this new bullmarket move has just begun. And BT readers are probably the first to benefit from it. On Monday, Chart Point BT's weekly technical analysis column highlighted the market's steadier undertone and how it suggested that most
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  • 112 1 AFP MALAYSIA yesterday signed an agreement (or a US$5OO million syndicated loan from a consortium of 56 foreign and local banks to finance development projects, Finance Minister Daim Zainuddin said. Mr Daim emphasised, however, that Malaysia would continue to exercise restraint and prudence in its
    AFP  -  112 words
  • 351 1 AFP THE MALAYSIAN government has rejected an Opposition demand for a royal commission to investigate Finance Minister Daim Zainuddin's purchase of a majority stake in a local bank. The Finance Ministry, in a written reply to Opposition leader Um Kit Slang in Parliament
    AFP  -  351 words
  • 733 1  -  By HOMER CHEN WHILE share prices surged once more on the Stock Exchange of Singapore yesterday, the company which was at the heart of last year's stock market crash, Pan-Electric Industries, was finally ordered to be wound up by the High Court.
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  • 81 1 A SURVEY found that of all the engineering graduates, those who graduated from electrical engineering had the least difficulty finding Jobs last year. The NUS and NTI are also stepping up their training of electrical engineering students. But the line between electrical and mechanical engineering is
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  • 40 1 THE HOUSING loan market in Singapore is still growing. Heated competition for a share of the pie between banks, finance houses and the Credit POSB has resulted in a plethora of attractive financial packages (or home buyers.
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  • Page 1 Advertisements
    • 166 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Steamed Omelette with Seafood Another Specialty only from Dragon City. Discover some of the finest Sichuan and seafood dishes at Dragon City. [f Experience the warm and attentive A service, so reminiscent of traditional Wfl Chinese hospitality and respect. lk Amidst rich and elaborate
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    • 272 1 Details, Pag« 15; Aaian stocks, Paga 13; International stocks, Paga 12 MONEY EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE TV A RADIO OUR VIEW AJINOMOTO, o Japanese food and chemical giant, will increose the size of its $100 million investment fund in Singopore by 20 to 30 per cent in the next
      272 words
    • 6 1 `>,/%<[&?~[]>;,*|+/)]&}:*&-)@%{ Mora Miliyilin itoriM on Back Pago
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    • 60 1 MINOLTA ADVANCES ZOOMING Reports on the of ttM Select Committee, Buck Page 8m P*o« 7 001-02/04 Detfi Orchard Tel: *****00 002-16 Shaw Centre 001-20 Scotts Shopping Centre Daimaru (Ground Floor) New Isetan Orchard (Level 2) Authorised Dealer: Metro Grand Lucky Plaza Watches of Switzerland 001-16 Scotts Shopping Centre Stow Htap
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  • HOME NEWS
    • 425 2  -  HOTEL NEW WORLDS INQUIRY By LUCY NG BEFORE ANY of Singapore's 20,000 building contractors can tender for a big project they should be licensed. This was the proposal of surveyors, valuers, engineers and contractors at the Hotel New World Commission of Inquiry Dr
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    • 355 2 ILLEGAL CHANGES and addition to buildings are common in Singapore and this dangerous practice must be stopped, engineering consultants told the Hotel New World Commission of Inquiry yesterday. Normally, developers would start alterations before they call in the experts, said Mr Stan Bee Teck, the
      355 words
    • 395 2  -  By GOH YEE LING A DRIVE to upgrade the facilities on Sentosa is regarded as essential if the island is to face up to more selective attitudes towards recreation and increasing competition on the mainland. "To cope with the challenges, the corporation
      395 words
    • 273 2 AFTER A TOUR of the US Navy carrier USS Carl Vinson recently, an offer to take a ride In a coastal patrol craft did not seem to be too interesting at first. The RSS Swift Challenger of the Republic of Singapore Navy could easily fit
      273 words
    • 204 2 IN A BT ARTICLE oil Oct 7, on "Accountants see red over levy by Chase", a circular from the Singapore Society of Accountants was inadvertently attributed to the Association of Ranks in Singapore. We apologise for the error and are sorry for any inconvenience caused to the
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    • 229 2 Seminars and courses DURATION Oct 20 TTTLE Computer Security VENUE Glass Hotel ORGANISER Systems Education Centre TELEPHONE *****89 Oct 20- Diploma in Business (commence- Efficiency and ment date) Productivity (Business Administration) Oct 20-22 Sales Leadership by Objectives Port 1 Oct 20-22 Value Added Workshop Oct 20-24 Validating and Evaluating
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    • 353 3  -  By MONICA GWEE MR KUA HONG PAK took part in a charity classic run "to contribute, not to win". But he won more than one prize as Mr Kua, the director and group general manager of Times Publishing Bhd, revealed yesterday. Last
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    • 157 3 EVERY INSURANCE policy sold over the next three months by more than 200 members of the Life Underwriters Association (LUA) will add $5 to the National Kidney Foundation's coffers. The LUA members hope to raise $50,000 for the foundation this way. Their effort comes
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    • 306 3 FALLING COMMODITY prices could spark a stronger productivity movement in Malaysia, says a Malaysian QCC consultant. "The productivity drive was not seen as urgent as in Singapore until our commodity prices went down," quipped Mr Derick deSouza, executive director of QC A Management
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    • 346 3  -  By ANNA TEO CIVIL SERVANTS may not be volunteering to join work improvement teams (WITs) for much longer. Work improvement is to become the responsibility of each and every public sector worker, according to Mrs Cherry Tan, head of the Civil Service
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    • 120 3 COMPANIES WHICH took part in productivity surveys and the consultants involved in those surveys will be brought together at a seminar organised by the Singapore Manufacturers' Association. They will have a chance to discuss the common findings of productivity surveys and the limitations
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    • 77 3 THE MERLION Chapter of the Singapore Jaycees is organising a Membership Orientation for members of the public on Tuesday, Oct 14. Singapore Jaycees is a leadership development organisation that provides opportunities for young adults to develop their individual abilities and to help improve the
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    • 42 3 THE AMERICAN EMBASSY will be closed on Monday, Columbus Day, (Oct 13). Visas, US passports and other consular services will not be provided that day. The embassy has advised that travellers should make their travel preparations accordingly.
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    • 307 3 SIX CONTRACTS worth $3.3 million have been awarded by the Public Works Department for road improvements at bus stops and Junctions. The contracts are part of a 10-year road improvement scheme costing more than $700 million. Under the scheme, a total of 400 bus zones
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    • 229 3 TWELVE MALAY-OWNED trading and retail companies are to receive subsidised training in financial management and marketing development, the two areas which the Singapore Malay Chamber of Commerce (SMCC) has said presented the most serious problems to their members. The 12 companies, all SMCC members,
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    • 581 3  -  Lower entertainment duty and road tax the main factors By JEFFREY TSANG REVENUES of the Customs and Excise Department in the last fiscal year recorded their first drop in 11 years and the department expects the decline to continue for another year.
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  • Page 2 Advertisements
    • 275 2 At^ewriber /board that tilts BtatagUM brother. r A lot of thought has gone into the new EM-Series and it shows. Sit down in front of it and wonder of wonders! The tilt keyboard adapts to your typing stance and puts a full-stop to stiff fingers and aching wrists. With a
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  • Page 3 Advertisements
    • 175 3 31 *>" A 9. fi u-i > VI LOSE A UTTLE UJXURY IN COMPLETE UJXURY. When you tone up your body and lose a little weight, you get fitter and you feel a lot better. So now imagine how good youll feel when you can do all of this, in
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  • ASIA-PACIFIC
    • 399 4 AP THE JAPANESE must expect their behaviour and ways of thinking to come under greater scrutiny abroad as their country becomes more important in world affairs, according to the Tokyo-born US government official overseeing trade relations with Japan. Prime Minister Yasuhiro Nakasone's remark last
      AP  -  399 words
    • 185 4 AP THE AVERAGE Japanese household has managed to put away 7.3 million yen (U5547,161) in savings. This amount is about 1.5 times an average household's annimi income, according to a survey by a non-profit organisation, published in Tokyo yesterday. The Central Council for Savings Promotion,
      AP  -  185 words
    • 164 4 Bernama THE SOUTH KOREAN government will not artificially revalue the won currency against the US dollar to the extent of hurting international competitiveness of Korean businesses. Finance Minister Chung inYong said on Wednesday that "the value of the won will continue to
      Bernama  -  164 words
    • 302 4 AP FOREIGN BUSINESSES in China will get a reduction this year in the percentage of their income that is taxable, the official Xinhua News Agency reported on Wednesday. Xinhua said the tax department had revised its tax provisions and the percentage of
      AP  -  302 words
    • 917 4 ARRIVALS QpKBlOl Smn Local tint From SiA SQII7 0005 KUL UA UA805 0010 JFK/SFO/HKG FT FT7I 0044 JFK/BOS/ORD/ ANC/NRT/ MNL/TPE RBA BM43 0330 BWN sv SV398 0440 JED/RUH KAL KE697 0615 SEL MAS MH681 0620 KUL MAS MH811 0910 PEN SIA SQ43 0920 DHA/KH1 MAS MH67I 0920
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  • Page 4 Advertisements
    • 225 4 Hun Dy nasty bronze flying horse symbolizing extreme speed. FLEET-FOOTED. In the foreign exchange markets, being fast on your feet is vital. Because a few seconds can make all the difference. That's why Bank of Americas Financial Markets Advisory Service intently monitors every international market 24 hours-a-day. Bank of America's
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    • 63 4 I I \g \j\ I The business person's choice, every I I II \I I II II I Tuesday, Thursday, Saturday and I 1 f I \l I 11 II \l Sunday. Leaving Changi Airport at I A- J1 1 22:00 hours and arriving at Heathrow at 06:50 hours the
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  • REST OF THE WORLD
    • 299 5 UPI THE EUROPEAN Community is protesting against a US-Japa-nese agreement on trade in semiconductors, which it (eels amounts to a price-fixing and market-sharing deal. Executive commission officials in Brussels said the EC had requested the opening of a formal consultation procedure in
      UPI  -  299 words
    • 188 5 UPI WORLD TRADING NATIONS have fixed on Oct 27 for the formal launching of new trade liberalisation negotiations. They agreed on that date for the inaugural meeting in Geneva of a trade negotiations committee, which will establish and then monitor the
      UPI  -  188 words
    • 294 5 NYT THE SOVIET UNION will begin the previously pledged pullout of six regiments from Afghanistan next Wednesday and complete it this month. Wednesday's announcement from the Defence Ministry was made after Secretary of State George Shultz had voiced concern that the
      NYT  -  294 words
    • 451 5 Reuter PROSPECTS FOR Third World industrialisation are much brighter than in the early IS6Ob. But, said Domingo Siazon, di-rector-general of the United Nations Industrial Development Organisation (Unido) growth could be endangered if industrial states did not work together to reflate their economies. Siazon
      Reuter  -  451 words
    • 256 5 Reuter RISKING a confrontation with the White House, the House of Representatives yesterday gave final congressional approval to a five-year, US$9 billion programme for the clean up of tox-ic-waste sites. With Its broad political appeal Just before the November congressional elections, the bill passed
      Reuter  -  256 words
    • 149 5 Reuter THE FRENCH government has proposed new incentives to encourage couples to have more children and boost the birthrate, a traditional concern of the French right ever since West Germany invaded France in World War L The measures, soon to go to Parliament,
      Reuter  -  149 words
  • Page 5 Advertisements
    • 158 5 With the Card -.J 7 1 |HJj y 111 .'Mi 1 '>* *3 B rtllc* rt Z We realise that there are times during your travels, when you'll need to use cash. To answer this need, we now offer all Cardmembers our exclusive Express Cash service*; 24 hours a day,
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  • Page 5 Miscellaneous
    • 26 5 Doonesbury BY GARRY TRUDEAtf mi -IL AHPTHEBOfSTmK $HEbVE/V,VERYVULr NEMBLEON7HEPRL& Mtiß. ISSUE. IN FACT, uevzoea&PTouse ITASMYCAMPAI6N THEME' M Sis 2!S S2 w if tea,FOK A I L'f
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  • BANKING AND FINANCE
    • 426 6  -  By SOH TIANG KENG, Financial Correspondent AJINOMOTO, a Japanese food and chemical giant, will increase the size of its $100 million investment fund in Singapore by 10 to 30 per cent in the next two years. This was disclosed by Mr T
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    • 396 6 Reuter INDONESIAN and foreign banks expect earnings to rise following last month's devaluation of the rupiah hut a report by an industry association shows the industry's profitability fell in the first six months of 1906. Bankers said the U foreign h»nk* and 16
      Reuter  -  396 words
    • 146 6 Reuter BUNDESBANK'S monetary policy is not restrictive but, if anything, too expansive and an overshoot in money supply targets can no longer be avoided this year says its president Karl Otto Poehl. But in view of the high risk posed to the German economy
      Reuter  -  146 words
    • 707 6 Reuter BINGAPORE: The US dollar and sterling closed firmer yesterday in moderate but nervous late trading. Dealers attributed the dollar's late rise to suspected intervention by the Bundesbank to buy dollars in Frankfurt. The dollar rose to a late 2.0030/40 marks from an early 1.9970/80 and New York's
      Reuter  -  707 words
    • 232 6 Interbank rates at 3pm yesterday: Cm i metal Mawtwl rate* IwMnwlw Local dollars to Md Oftor e ran portly Ch-n9 OAC uwt of for»tgr currency: US dolor 2.1710 2.1720 ***** -23.00 Sterfcng pound 3 0828 ***** 7 3469 -58 04 Austrolkin dolor 1.3840 1 3868 ***** -59 63
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    • 65 6 THE OVERNIGHT rate on the Singapore interbank market yesterday closed at 2 3/4, down 3/8 point from Wednesday. The one-month rate rose 1/16 point while the two- and three-month rates were unchanged. S$ Interbank rotes at 7pm yesterday: Offer M 2 3/4 2 5/8 1-month 3 1/16 2
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    • 735 6 HONGKONG: Gold closed lower yesterday in quiet trading as most traders stayed on the sidelines in the absence of fresh factors. Dealers said that uncertainly over whether Opec members would agree to extend their oil production agreement and some profiMaking by local investors pushed prices down. The metal
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    • Article, Illustration
      349 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Dealers said most operators were sidelined in the absence of fresh factors and awaiting the outcome of yesterday's Bundesbank meeting and the release of US weekly M-l figures. Short-dates eased 1/16 at the outset
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    • 215 6 BA Futures US TREASURY-BOND future* yesterday gapped lower as fading hopes for a cut in the discount rate and the possibility of an accord at Opec's meeting prompted selling in the morning. The December T-bond traded to the day's km of 96.02 on light volume before rebounding but still
      BA Futures  -  215 words
  • Page 6 Advertisements
    • 192 6 liitiiunii With the wrong approach, an upgrade can mean upheaval and downtime. To make changes that really work, no problem, call Wang. No reprogramming The entire Wang VS family of minicomputers runs on a single, fully software-compatible operating system. So that you can start with one VS, and then grow
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  • TECHNOLOGY
    • BITS & BYTES
      • 147 7 SOME 20 MONTHS after British inventor Sir Clive Sinclair unveiled his threewheeler, the C 5, the Japanese have come up with a product. The Amorton, which looks conspicuously like the C 5, was produced by Sanyo and launched in Tokyo last month. Unlike the C 5,
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      • 138 7 BIRDS are a major hazard to manned flying. More aircraft >nglw have been damaged by birds flying into them than most other causes. In Japan, All Nippon Airways (ANA) has come out with an ingenious way to minimise such accidents. In a trial run, ANA
        138 words
      • 154 7 AP A SMALL-TOWN entrepreneur in France believes he has come up with just the th««g for parents-to-be who can't tHh* of a good name for the baby a computer that will do it for them. Claude Bouvier, 28, says he and two associates spent
        AP  -  154 words
    • 666 7 Focus on engineering education Line between electrical and mechanical engineering blurring IN SINGAPORE, engineering education is divided into three main streams: electrical, mechanical and civil. The number of engineering graduates is expected to stabilise by the mid--1990s at an annual rate of 1,500 to 1,600, with almost
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    • 554 7  -  By ANNA TEO IN A YEAR when the graduate employment rate dropped to its lowest level In 10 years, the 1965 electrical engineering (EE) class came through relatively unscathed. Compared with their counterparts from the mechanical (ME), civil (CE) or chemical engineering classes, EE
      554 words
    • 225 7 ONE OUT OF every six or seven of Nanyang Technological Institute's teaching staff will eventually be a professional from industry. This is to ensure that the institute's curriculum will meet the needs of industry, said NTI president Dr Cham Tao Soon.
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    • 292 7 New Scientist DENTISTS and their assistants should be vaccinated against hepatitis B at the earliest opportunity, says the British Dental Association (BDA). It has sent leaflets describing the vaccine and the risks of contracting hepatitis B to more than 5,000 dentists
      New Scientist  -  292 words
  • Page 7 Advertisements
    • 142 7 INTERESTED IN PROPERTY IN LONDON OR EUROPE? Following last year's success, Chestertons Lim Oh and Chestertons Residential are Jointly organising a 2nd exhibition oovering everything the overseas purchaser and tenant need to know about property In Central London, The Home Counties and Europe. There will be displays and details of
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    • 636 7 THE JAZZ IN SINGAPORE JAZZ. EXCITING, VIBRANT. ILAPPY.J.AZZ. MIK>1)11, IRKI-sISWUA, SOSTAI.GK J AZZ M >\fEßsl I S H,\R A T 7HE WES fl\ PLAZA Hi )TEI. PR< >I DL Y FEATURES, DIREi T FROM (HICAGA>. JAZZ A V ITS BEST- THE F(J)FE V< XV< IRH>. (OILS \XRIGHT( >N /'/A.V() /SAAf
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  • Page 8 Advertisements
    • 663 8 BRENT BCI (Singapore) Pte Limited 29 Playfair Road Singapore 1336 Telephone: *****33 Tetex:RS ***** BRENSIN < Fax: *****45 MESSAGE FROM GENERAL MANAGER BCI (SINGAPORE) PTE LTD was registered as a Company in Singapore in 1976.1986 sees the celebration of ten years of hard work by its staff to establish itself
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  • WORLD BACKGROUND
    • 921 9 Reuter DOES AID WORK? The answer from an international team of independent consultants is yes, but it could work much better. The question was asked by 18 governments, including donors and recipients of development aid. The answer comes in a major study published
      Reuter  -  921 words
  • Page 9 Advertisements
    • 266 9 Pyrene Distributor for Thailand Congratulations and Best Wishes to BO (Singapore) Pte Limited on their 10th Anniversary A'R MAIW THAI METALCOTE COMPANY LIMITED ••METALCOTE" BANGKOK NO. 5 DAMRONGRAK ROAD. BANGKOK-1, THAILAND. Tel: *****08.*****10 MANUFACTURERS AND DISTRIBUTORS OF SPECIALTY CHEMICALS FOR METAL SURFACE PRETREATMENTS, SERVICE STATION FOR METAL SURFACE PROCESSING. With
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    • 229 9 Ardrox Pyrene Distributor for Philippines Congratulations and Best Wishes to BO (Singapore) Pte Limited on their 10th Anniversary (P/ufex SPECIALTY PRODUCTS, INC. Suite 3B Labrador Building 435 Remedies Street Malate P 0 Box 1471 Manila, Philippines Telex: ***** ELA PH Tel: *****2,*****4, *****2,*****1,*****1 Congratulations and Best Wishes to BO (Singapore)
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  • FEATURES
    • 549 10 TO REACH ONE OR TWO from minus 1.3, you will need between 3.3 and 5.3. Simple arithmetics this is not. The numbers refer to Singapore's economic growth rates. Down 1.3 per cent in the first half of this year, the economy needs to gypanrf by 3.3
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    • 2634 10  -  The housing loan market in Singapore is still growing and competition for a share of the pie among banks, finance houses and Credit POSB has resulted in a plethora of financial packages for home buyers to pick and choose from, ALVIN TAY reports in an
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  • Page 10 Advertisements
    • 52 10 A TuicWcll InicrVlcW Wnn GPs Nelson Britt What live loan packages did forNOL a The Month of the Hungry Ghosts i VjS**\ and the Moon-cake Festival *"P Petrol-savina tins ,v Petrol-saving tips e Umbrella-makers in Singapore facing a dry time e Aero-engineering facilities |La| M ClA'c Daa4 mar moinTuin >ia
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  • Page 10 Miscellaneous
    • 683 10 CRYPTIC PUZZLE ACROSS 4 She danced before royolty (6) 7 Where dad has ways to go ond get a loan (8) 8 Happens to be a variety of crocus (6) 10 Nippers at the seaside (5) 13 Only Leo's wrong (4) 14 Bush girt? (4) 15 Height of interest in
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    • 14 10 \*4 spire of FEißce competition we excuse, r>e SIR... i BCFORC E eyce.PT c
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  • SPORTS
    • 602 11  -  By WALTON MORAIS SINGAPORE'S M Murugiah, playing some of the best golf of his career, moved to within a stroke of the leaders at the halfway stage of the $50,000 Singapore PGA golf championship at the Sime course yesterday. With a two-under-par 70, the
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    • 372 11 AP NEW ZEALAND, skippered by Chris Dickson, continued its winning ways yesterday with a wind-shortened victory over previously unbeaten America II on the fifth day of the first round of the America's Cup challenger series. Another American entry, Stars and Stripes, matched New Zealand with
      AP  -  372 words
    • 352 11 AP ENGLISH soccer team Luton Town was given permission on Wednesday to ban visiting supporters from its stadium for FA Cup matches this season, just 48 hours after organisers of a lesser competition declined to accept the club's plans for beating
      AP  -  352 words
    • 112 11 AP INDIA'S "sprint queen" P T Usha, who won four gold medals and a silver in the recent Asian Games, has said that she will no longer run in 100- and 200-metre races. Instead, she would concentrate on the 400-metre
      AP  -  112 words
    • 235 11 AP TOP SEED Helen Kelesi of Canada beat Monica Lundquist of Sweden 6-4, 5-7, 6-1 on Wednesday in a second round match of the US$5O,OOO Taipei International Women's Tennis Championship. Kelesi and several players in the tournament will be playing in the
      AP  -  235 words
    • 101 11 Reuter FIVE-TIME Wimbledon champion BJorn Borg is coming retirement again to play iuT*a tennis exhibition which also f|atures world number one Iviqn Lendl and John McEnroe. The event, in Bologna on Nov 3 and 4, is a benefit (or farmer leading Italian
      Reuter  -  101 words
    • 312 11 Reuter A SINGLE GOAL broke the deadlock in pool A at the World Cup hockey tournament as the Netherlands beat Argentina on Wednesday night to become the only team to boast a 100 per cent record. But England's apparently ordered progress towards the
      Reuter  -  312 words
  • Page 11 Advertisements
    • 257 11 NOTICES IN THE MATTEB OP THE COMPANIES ACT, CAP. ISS AND IN THE MATTER OP SELLPAR INTERNATIONAL PTE LTD (liMrpmM la SiagapMT) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OP PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306(1) of the Companies Act (Cap. 185) that the Final General Meeting of
      257 words
    • 167 11 OK ABE (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN, pursuant to Section 308(2) of the Companies Act, Cap. 185 that the Final Meeting of the abovenamed Company will be held at 3 Shenton Way #09-08 Shenton House, Singapore 0106 on Monday, the 10th day of November
      167 words
    • 239 11 THE COMPANIES ACT, CAP. lM UU WAN KNITS FASHIONS FACTORY (PTE) LTD. (IN VOLUNTARY LIQUIDATION) SPECIAL RESOLUTION PASSED ON At an Extraordinary General Meeting of the Company held at 50 Jalan Sultan #21-04, Singapore 0719 on Monday, 0-10-86 at 2.00 p.m. the following Special Resolution was passed: IT WAS RESOLVED
      239 words
    • 306 11 COMPANIES ACT, CAP. 11l (SINGAPORE) PR LTD. (I> VMary Uffc—) At an Extraordinary General Meeting of the members of JIMLOUI FASHION (SINGAPORE) PTE. LTD duly convened and held at 6001, Beach Road, #14-01, Golden Mile Tower, Singapore 0719 on the 6th day of October 1906, the following Special Resolutions were
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    • 277 11 TfCTT COMPANIES ACT, CAP. W ISOLAMIN MARINE (FAR EAST) PTE LTB (IN MEMBERS' VOLUNTARY LIQUIDATION) 1 At an Extraordinary General Meeting of the members of ISOLAMIN MARINE (FAR EAST) PTE LTD duly convened and held at 1 Scotts Road, #26-01, Shaw Centre, Singapore 0922 on October 5, 1986 the following
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  • Page 11 Miscellaneous
    • 1188 11 TO QBE) GmiQ U FRIDAY AT THE MOVIES Murder By Docroo 11J0pm, Channel S An elegant Sherlock Holmes movie which has Christopher Plummer (left) as the pipe-toting denizen of Baker Street, and James Mason as the hapless Dr Watson. The screenplay by John Hopkins puts Holmes on the trail of
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  • INTERNATIONAL STOCKS
    • 270 12 Reuter INTERNATIONAL Business Machines (IBM) Corp is correcting problems in its product line, but the moves will do little to reverse the gloomy earnings faced by IBM ami much of the industry this year. IBM announced on Wednesday that several hundred workers would be
      Reuter  -  270 words
    • 178 12 Reuter FIRST INTERSTATE Bancorp has said its bid to buy Bank America Corp was made in response to specific issues raised in taiks with Bank America management and advisers. It also said on Wednesday that the proposal, which was made on a friendly basis, "is intended
      Reuter  -  178 words
    • 305 12 Reuter WALL STREET stocks staged a strong rally on Wednesday in moderately active trading with airlines and energy issues contributing to the advance. The Dow Jones Industrial Average gained 19.40 points to 1,803.85. The New York Stock Exchange Composite Index gained 1.15
      Reuter  -  305 words
    • 165 12 OCT OS c$ Abrtto Ate on Alum Aigomo SM Bank Nova Scotia Bank Of Montreal 24* 43* U 16 35* unch 1* BtM Canada Bp RmotrcM Brascan OA Campbi Lak« Canadian bnp Bank 36% 33* 28* 30* 19* unch unch Carting OKHtt Cn Bthrt O A Cominco Dom Tar
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    • 209 12 OCT 08 MOUSTRIALS A Alpha ***** 260 10 A«a 1450 50 AMtC ***** Bono--5 2025 unch C G Smith 3000 unch CNA 285 inch Cum* France 490 -5 F«d Vole 190 unch Fugit 675 inch 595 Ub Hokfc 3025 75 ***** LTA 1758 M And R 720 inch Mafcok
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    • 622 12 OCT M US$ Alcon AJurrwi AJcoo 31% 37 4* Alag Irrtl AM Sag AM Storot Afe-Chahnan Am Brandt Inc Am Can Co Am Cyanamd Am Else Pot Am Expraw Am Horn* Mod Am Motors Cp Amox Inc Amorodo Hnt Amoco Corp Ami Corp Afmco he 19** 40* 67
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    • 858 12 Amsterdam OCT M Hi AflN Aagon Ahold 547 50 ♦IS 9300 -08 100 60 4-3 .1 Akzo Alrarrta AMEV Anvo Bank Am Stad 148 10 +0 2 152.30 4-0.3 72 80 unch 94 40 *01 127 50 -0 5 Baikal Bah 4130 +0 3 166.00 +15 Bommq Buahnnan
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  • Page 12 Advertisements
    • 130 12 *W ,W, 7 rpf si SW'ils ?^SBS M p; s /££> if% F "tS A ttt: mi CONGRATS! You're Our Lucky Winners This Weak! T.H. CHUA LEE HON LEONG You can be one of our lucky winners too! Each time you have a lunch or dinner at the Meisan Szechuan
      130 words
    • 122 12 It's the NEU FACES... Fresh from their European tour. The NEU P ACTS Veteran and versatile musicians Rock n Roll. lop 10, New Wave excellently performed for grand entertainment Nightlv except Sundays At the Alcove I ounge where the beer is cheapest among hotel lounges ,/|V MAGICALLY HYATT I+l*l l+
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    • 49 12 S ?«<// worn 9 t*rj IS °o ml Ictxacc {jaide* M PV'jflf|i/ IV/r( > Shark'* Fin with Chicken Abahne Barbecued Peking Duck Treasure Bowl Our special... Shanghai Seasoned Fish Lunch 11.00 am 2.30pm Dinner: 6.30pm 10.30pm JADE ROOM RESTAURANT 2nd storey, HOTEL ROKAL Newton Road. Singapore 1130. Tel: *****87, *****35,
      49 words
    • 119 12 Indonesian Come to the Tiffany Coffee House where the best of Indonesian Cuisine awaits you at our Indonesian Food Festival Try our Sop Buntut. Nasi Uduk. Gulal Ayam. Panga ikan. Tapal and a whole lot more. Fashion Shows and Lucky Draws every Friday at 8.15 pm. Indonesian handicrafts and bad*
      119 words
    • 117 12 ]~'_`%=:"}?}`<)"^%.-!~/^=`(.];: II II That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is free. And every night at 8 pm except Sundays. VTB Wizard comes on with its dynamic brand of
      117 words

  • ASIAN STOCKS
    • 394 13 HONGKONG: Share prices yesterday rose sharply on heavy institutional buying, pushing the Hang Seng Index to a record for the third consecutive day. The index r05e'66.74 to 2,271.15. Brokers said US and Japanese fund managers who recently made substantial earnings on Wall Street were switching into the Hongkong market.
      394 words
    • 292 13 OCT 09 MTS Al Sncirt Mm 1-55 0.02 Asio C»rmnt 25 20 unch Cottyjy Cora 34 20 -03 Chang Hwo Bonk 39 00 0 2 27 60 unch CNo Cwmnt 2480 0 1 Owi Hwi Floor 1040 inch CMna Cham 23 30 0 2 Owxj D«v 23 10 -0.1
      292 words
    • 439 13 TOKYO: Prices closed higher yesterday amid a flurry of latesession buying centering on construction and electric power issues. The market average gained 135.43 to 17,650.23. Turnover was a moderately light 450 million shares, in pre-holiday trading. Securities company, gas, electrical, resin, retail issues advanced along with the electric power
      439 words
    • 94 13 OCT 09 Pmm Acot* Mnng Anglo PW Ap«x Mmng B 0 0024 0024 70 0002 0.002 Artoi Coo. B Boguo Gold Bovc Petroleum 20 50 0004 0.01 unch -0002 unch Banguct Con. B Frit PW HkJgi Laoonto B 125 -2 6.50 unch 0.1450 unch Morcoppef Mor»te«4 Ornotal B 0
      94 words
    • 500 13 SYDNEY: Australian share markets yesterday continued their record-breaking run yesterday, closing firmer in brisk trading for the sixth consecutive day. Gold stocks were initially marked up on speculation the government will reverse course on plans for a gold tax, but by the close most of the gains had been
      500 words
    • 178 13 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.59 to 165.21. Turnover totalled 592,052 shares valued at 121 million baht.— Reuter Seoul stock markst was closed for Korean Alphabet Day. OCT 09 MX* Ao Kham Thai A*a Fkf« 145 1 Ayudhya lr»v«*rm«o» 183 inch Boogkok Aground 37
      Reuter  -  178 words
    • 67 13 Reuter CHINA HAS GIVEN final approval to US$2.5 billion worth of contracts to French and British firms to construct China's largest nuclear power plant at Daya Bay in Guangdong province. The New China News Agency said on Wednesday the foreign suppliers were told of the approval on
      Reuter  -  67 words
    • 47 13 Reuter FIAT SPA has sold shares worth US$lOO million through Daiwa Europe NV to 20 Japanese financial institutions. The shares came from the $3.10 billion worth of shares, or about a 15 per cent stake in Flat, acquired from Libya recently. Reuter
      Reuter  -  47 words
    • 287 13 MBT MALAYSIAN International Shipping Corp (MISC) is projecting its operating revenue from its liquified natural gas (LNG) trade at MJI.3 billion this year. The LNG division is the pillar of strength for MISC, and is expected to contribute at least 40 per cent of
      MBT  -  287 words
    • 284 13 Mo no 9*™ prices for Oct 10 Frst B'putro Second B'putro 491 496 4.47 4 52 Singapore Unit Trust Th* ComfMrct 0 91 0 98 The Sovngi Fund 0 83 0 89 Thrd B'putro Fourth B'putro Fifth B'putro Sixth B putro Seventh B'putro (A) 3 44 3 49
      284 words
    • 113 13 HONGKONG Hongkong Index Thursday 1432.77 Wednesday 1392.51 Week ogo 1335.47 Hong Song Index Thursday 2271 15* Wednesday *****1 Week ogo 2120 14 All Industriols Thursday 2058 9 Wednesday 2049.7 Week ogo 1991.4 NEW YORK Dow Jones Wednesday 1803.85 Tuesday 1784.45 Week ogo 1782.90 TOKYO Nikkei Averogc Thursday *****
      113 words
  • Page 13 Advertisements
    • 169 13 c r« to wittc, «U«e <um cuierMii '£f% Sunset Serenade N( (spm-Bpm) V Sam Gan and his Combo Evergreen songs of the 5Cs and 60's for your listening pleasure! A cosy atmosphere. With a heart-melting band! Let Sam Can and his Combo serenade you and play your nostalgic requests! For
      169 words
    • 113 13 ma "2^ Rendezvous in the Park Cafe in the Park. On green, exclusive Nassim Hill. Discover international and local favourites done to perfection. Prawn Mee. Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. Plus a whole lot more. All in our a la carte menu. Ample free parking. Centurv Park
      113 words
    • 93 13 e-***** "A J a i* 4/ »1 -v Tk "V ♦V SS! SPECIAL FEATURES: Daily Buffet Breakfast $11.50 Daily Set Lunch $10.50*" Sunday Family Buffet Lunch Adult $14** Child $10.00" Teochew Porridge $8.00 (Nett) Every Fri Sat, (11pm to 3 am) LEVEL 4, Paramount Hotel, Marina Parade Road, Singapore 1544.
      93 words
    • 117 13 Tea, Singapore Style Ncrttve favourites abound at Ptums. the lobby round- Ihe-ctock cafe restaurant. Tea- time w*l see a mouthwatering tood display tfot wil bring out the "nonya" and "babo" m your soul. Fried Miten Vegetable lemok Nasi lemak. Shoo Mat 800 wMh assorted tilings Nonya rice dumplings Century egg
      117 words
    • 87 13 Trader Vic's Castaway Card gives you the chance to win two air I tickets to the fabulous Maldive Islands. ONL> $12.50 BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES 2Q2 -t a M i 4 dLSKu N t* Lunch Hours: 12 noon 2.30pm (Mon to Sa 11 30am 2.30pm
      87 words

  • RAW MATERIALS
    • 334 14 UPI COPPER PRICES, currently in the doldrums, are expected to average between 55 and 70 US cents a pound from now until 1988, broker and analyst Shearson T-ohman Brothers said in an annual industry review on ItT J n weonesaay. The current
      UPI  -  334 words
    • 95 14 AFP THE LONDON Metal Exchange (LME) plans to introduce traded optkns in its six metals markets copper, lead, zinc, aluminium, nickel and silver probably next March, according to Paul Shuman, chairman of an LME traded options sub-com-mittee. This move would coincide with reforms
      AFP  -  95 words
    • 153 14 FT THE INSTALLED capacity of the Brazilian sled Mastry, at present aboat 20 million to—es of ends steel, could doable to million toaaos within 15 years If the Brazilian economy continues to grow at Us present rales, srid the head of Sdorhraa, the Brazilian
      FT  -  153 words
    • 440 14 FT CHINA'S aluminium industry, which has been singled out for rapid expansion under the country's 1986-90 Five-Year Plan, will face serious difficulties in meeting its growth target. Ambitious proposals are being put forward for new plants, but existing smelters are being plagued
      FT  -  440 words
    • 84 14 OIL PRODUCTS THE MARKET was quiet yesterday with traders awaiting the outcome of the Opec meeting. Naphtha firmed on Japanese buying interest. All other products were stable. Closing prices for crud« (fob origin) US$/borrel Chonge Dubai (Nov) 13.90 -0.15 WT1, West Texas 15.45 -0.15 Intermediate, (Nov) Closing prices for products
      84 words
    • 226 14 MALAYSIAN CRUDE palm oil prices yesterday eased gradually from the day's highs but closed steady on profit-taking and speculative selling, in a technical adjustment to the continued surge in prices. Uncertainty surrounding India's weekly palm oil tender also dampened sentiment after its presence and firmer overnight Chicago soyoil
      226 words
    • 194 14 Reuter WHEAT FUTURES in Chicago on Wednesday closed mostly higher in a range of 1-1/4 to two US cents a bushel up but with September an exception, down 1/4 cent. Steady selling led by a local house was absorbed by mixed buying and prices held either side of unchanged
      Reuter  -  194 words
    • 163 14 Reuter SOYBEAN FUTURES in Chicago on Wednesday closed 3-1/2 to two US cents a bushel higher. Traders said soybeans continued to consolidate. Slow country movement and reluctance to take positions ahead of crop reports from private forecaster Conrad Leslie on Wednesday and the USDA today kept beans steady and
      Reuter  -  163 words
    • 93 14 Reuter THE PUCE OP TIN sa the Kaaia Lampar Tla Market yesterday clsscd aaehaaged at Msl4.#l per kile ea eeatlaaed lack et support. There was aa abseaee sf Baroaeaa baylag. reflecting the easiness ef sterling against the Malaysian riagglt which kreagkt the leeal Market te a Might prarini
      Reuter  -  93 words
    • 66 14 Bangkok (USS/toMM. FOi) White Rice 100% 1st clou 255 100% 2nd dou 220 100% 3rd dou 215 5% 205 10% 200 15% '95 20% »85 25% '75 35% >75 Broken Rice A-1 Super 128 A-l Spcool 125 C-1 Sp«ool unq C-l Ord unq Loonzoin Rice 100% 1st grodc unq
      66 words
    • 308 14 Reuter SINGAPORE The market closed steady yesterday with November One RSS buyers quoted at 188.50 cents per kilo, unchanged tram Wednesday'! close. The morning session gained 1 JO cents on speculative buying and a itserve of seDers with higher Japanese advices aiding sentiment. The market lost all the morning's
      Reuter  -  308 words
    • 100 14 (cMrtWV* ■"•"J NOV 86 DEC 86 lamrm t month) (forwon 1 month) NOON NOON RAS fcifi Satan 8vy«n Sdhn SSR 20 172 50 174.SON 173 50 175.50N SSR 50 169.50 171 SON 170 50 172.50N MRELB ••yen WBorv U y >(| S4n SMR CV 279 00 *****N
      100 words
    • 706 14 COFFEE Robusta futures on Wednesday closed between US$25 and US$35 below Tuesday's, mainly on proflt-tak-ing after prices rose strongly in the morning. Dealers prices, which had attracted speculator interest in the morning, came off after expected US buying failed to materialise and extend the gains at the New
      706 words
    • 275 14 HAS prices -scoma HOC if, FOR nfe M dm aos K kit 1 RSS Piocnrt 191.00 Solan I92.00N 189.00 I90.00N Int 1 RSS Nov 86 190.50 191.00 188.50 ***** Int 1 RSS Dec 96 191.90 192.00 189.75 190.25 Int 2 RSS OP 100.00 I900GN 186.00 188.00N Int
      275 words
    • 54 14 Rotoutto 20/25% FOB NSW ***** 110 FOB NSW *****0 BWP FOB NSW 1289.00 GombiBr FOB NSW London Comn 330.00 nodtty |4V^jTVjJ hrr^nr^Mrr Poppw (Sarawak) Foq, «pot 6600 Whir* toq. afloat 6400 Whit* toq Nov/Doc 6350 an arliy woe* ipot (duty unpaid) 4900 nick apodal. afloat 4800 r mi
      54 words
  • Page 14 Advertisements
    • 449 14 Golden Phoenix Sichuan Restaurant years of Wj'yahexperience Sichuan cuisine The first Sichuan Restaurant in Singapore, the Golden Phoenix still serves the ever popular Sichuan specialities like Smoked Duck. Chicken or Prawns with dned red chilli. Hot and Sour Sichuan soup and more. For the health conscious, there's the tamous Sichuan
      449 words

  • SHARE INFORMATION
    • 4088 15 FUELLED BY fierce institutional buying, «hare prices on the Singapore stock market soared to a two-year high on heavy volume yesterday. Right from the opening bell, investors chased stocks, especially Singapore blue chips. Malaysian stocks were left behind in the rally with the
      4,088 words
    • 241 15 SINGAPORE Rises S 1 A 930 D 1 S 950 OMrt HMft 535 riN 910 Gm<Hi 515 M 705 U 0 470 Cot6m 50* 410 U 1 C 260 OCIC 865 l« 4-HO 8T CifiKi 65 8Tbic»«r 55 8T08/0S 35 BT CAM 33 RT 08V 30 ST
      241 words
    • 4046 15 BID and offer prices officially listed and business la aad reported to the Stock Rarhaage of Stags pore yesterday with the number at dares traded shown hi brackets in lots o( 1,000 units Time Settlement Contracts are quoted after the word "SETT". Bi* Board daato
      4,046 words

  • Page 16 Advertisements
    • 2260 16 SIM LIM FINANCE LIMITED (Incorporated in the Republic of Singapore) Balance Sheets as at 31 March CAPITAL ANO RESERVES Share capital Share premium Statutory Reserve Revenue reserve DEFERRED TAXATION CURRENT LIABILITIES Deposits from customers Other creditors and accruals Taxation Proposed dividend Bank overdrafts, unsecured IM.tM.7VI 169.383.432 K9.t44.1M 169.323.078 210.*****3 tfQJgJg
      2,260 words

  • COMPANY NEWS
    • 392 17  -  By NAJEEB JARHOM BARELY three months after Standard Chartered PLC escaped being taken over by Lloyds Bank, an unidentified party has bought about 2 per cent of Stanchart shares in London. A Stanchart spokesman reportedly said in London yesterday that the bank
      392 words
    • 234 17 SEMBAWANG Salvage Co (Semco) is close to signing an exclusive contract in Iran to provide berthing and fire-fight-ing tugs based at the Kharg oil terminal. According to Lloyd's journal, 'Lloyd's List', the deal would allow Semco to maintain its tugs in Iranian waters for the
      234 words
    • 447 17 SHARE PRICES on the Kuala Lumpur Stock Exchange yesterday closed higher in tandem with the Singapore stock market as well as regional markets. Dealers said investors moved in to collect Singapore counters on news that the Singapore economy was set to achieve growth
      447 words
    • 808 17 SUPPORT for the pound on foreign exchanges yesterday provided the main impetus for buying in government bonds which helped lift share prices, dealers said. By I.oopm, the FT 30 Index was up 18.9 points to 1,267.0 while the FTSE 100 surged 19.8 points to 1,607.6. On Wednesday, the
      808 words
    • 557 17  -  By ELAINE KOH WHILE TWO Promet subsidiaries await their (ate in the High Court in Singapore today, the Malaysian parent company and four subsidiaries have already lost a bid to remove receivers as well as an injunction stopping them from disposing
      557 words
    • 91 17 UOB SECURITIES has formed a wholly-owned subsidiary, UOB Securities Nominees Pte Ltd with a $2 paid-up capital. Its authorised capital is $25,000. Providing nominee services, the company has three directors, Messrs Low Kok Meng, Fred Teo Say Hai and Ronald Lam Chee Kin. IN REPLY to the KLSE,
      91 words
    • 2478 17 MDUSTMALS Ac mo xd Aiioiato (3045) Alas Hla (1318) Akoai (608 625) (I) 61 (1) 60 (1) 62 AOS (646 655) (6) 64 API (706 725) (5) 72.5 (2) 73 (5) 72 (7) 715 (2) 71 ASM (1445) (19) 145 (14) 146 (77) 143 (41)
      2,478 words
    • 43 17 DUNLOP MALAYSIAN INDUSTRIES Berfcad: 25th AGM at 4 Jalan Tandang, ***** Petaling Jaya, Selangor, oo Oct 11, at 9.30 am. THE HONGKONG LAND COMPANY, Limited: EGM in the Connaught Rooms of The Mandarin Hotel, Hongkong, on Tuesday, Oct 14, at 10am.
      43 words
  • Page 17 Advertisements
    • 125 17 Sttected Indie— and Unit Trusts Tsblss on Psgs 13 *> 'A sv ANNOUNCEMENT UNITED PULP PAPER COMPANY LIMITED CAPITAL REDUCTION Further to the announcement dated 10 September, 1906, the Directors of United Pulp Paper Company Limited ("UPP") wish to announce that, on 3 October, 1986, the date of the Order
      125 words

  • 582 18  -  Select Committee hearing on Legal Profession (Amendment) Bill By FOO CHOY PENG, Chief Reporter THE POSSIBILITY of an amendment to the Legal Profession Act was raised by Prime Minister Lee Kuan Yew six days after Mr Francis Seow was elected president of the
    582 words
  • 497 18 THE GOVERNMENT would have to take action if it was convinced that the Law Society was being used as a cover for political ends, Prime Minister Lee Kuan Yew warned yesterday. If some activists, through the indifference of the
    497 words
  • 170 18 THE PRINCIPLE that professions could regulate their own affairs is one not held by Prime Minister Lee Kuan Yew, letters showed to a parliamentary committee revealed yesterday. In one letter to Attorney-Gen-eral Tan Boon Teik, he had written: "Adopt the principle that no profession should
    170 words
  • 606 18  -  By JEFFREY TSANG SEAGATE TECHNOLOGY, a leader in the manufacture of hard disk drives, plans to invest at least US$2O million here to increase production of disk drives and to expand its product range. "Sometimes I think we are a Singapore company with some RAD
    606 words
  • 295 18 Reuter MALAYSIA believes that tin prices must rise to Ms 24 a kilogram soon to meet world demand of 170,000 tonnes a year, but more mines may close in the meanwhile. A report released by the States of Malaysia Chamber of Mines said that
    Reuter  -  295 words
  • 82 18 Reuter COMEX GOLD FUTURES lost more than US$2.OO yesterday morning on mixed selling after the market failed in a late rally on Wednesday to make a convincing penetration of recent contract highs. In subdued dealings, gold for delivery in December was off US$2.3O at U*****.10 an
    Reuter  -  82 words
  • 51 18 Reuter WALL STREET stocks pushed higher in moderately active trading yesterday, extending an early rally. Better-than-expected reports on September retail sales boosted stocks of store chains. The Dow Jones Industrial Average Jumped 11 points to 1815. Advances led declines by a two-one ratio on 46 million shares.
    Reuter  -  51 words
  • LATE FILE
    • 41 18 Bernama THE VICE-PREMIER of the People's Republic of China, Mr Tian Jiyun, accompanied by a 16-member delegation, will m«b «mi» an visit to Malaysia from Oct 14 to 18 on the invitation of the government. Beraama
      Bernama  -  41 words
    • 48 18 AFP HONGKONG has raised to US$l4 billion the minimum total assets required for foreign banks applying for a licence there, the government's monetary affairs branch announced yesterday. The new rale, which raised the minimum requirement by US$2 billion, would be backdated to Tuesday.
      AFP  -  48 words
    • 45 18 Reuter A PRIME MINISTER'S special committee has concluded Japan will need to achieve real economic growth of about four per cent a year to restructure its economy towards domestic demand and away from exports, officials at the economic planning agency said.
      Reuter  -  45 words
    • 32 18 Reuter BRITISH Finance Minister Nigel Lawson, speaking against a background of nervous foreign exchange markets, promised yesterday the Conservative Government would not engage in a "spending spree". Reuter
      Reuter  -  32 words
    • 32 18 AFP THAI COMMERCE Minister Surat Osathanukroh survived a no-confidence vote in Thailand's parliament yesterday concerning his approval of timber purchases from rebel regions in Burma, officials said.— AFP
      AFP  -  32 words
    • 45 18 AP US DEFENSE Secretary Caspar Weinberger yesterday declared that US warships will visit China for the first time since the Communist takeover in 1949. Weinberger said three US warships will visit the Yellow Sea port of Qingdao on Novs-11. AP
      AP  -  45 words
    • 47 18 Bernama MALAYSIA wants to learn from Singapore's succesrful experience in cleaning up the urban rivers in the republic, Science, Technology and Environment Minister Datuk Amar Stephen Yong said yesterday after a onehour discussion with Singapore's Environment Minister Dr Ahmad Mattar in KL.
      Bernama  -  47 words
  • 205 18 Bernama ABOUT HALF the members of Malaysia's Chinese Consultative Council (CCC) will leave to form a new political party, according to executive secretary Tan Ah Chye in Kuala Lumpur yesterday. However, Mr Tan said that he had changed his mind about leaving the
    Bernama  -  205 words
  • 259 18 Bernama BANK NEGARA is empowered by the Emergency (Protection ot Depositors) Regulations 1906 to act against those involved in illegal deposit-taking to ensure continued confidence of the people in Malaysia's financial system. Deputy Finance Minister Datuk Sabbaruddin Chik told the Malaysian Parliament
    Bernama  -  259 words
  • 286 18 Reuter THE INDONESIAN government yesterday banned the Jakarta daily Siaar Harapan for what it called "destructive" reporting on the economy which could lead to unrest. An Information Ministry spokesman said that speculative reports in the paper since the 31 per cent devaluation of the Indonesian
    Reuter  -  286 words
  • Page 18 Advertisements
    • 96 18 sick and tired of looking for the right apartment? Why not drop in to our Open House, have a cool drink, enjoy the views and pleasant surrounds, see our "country club" facilities, appreciate the Orchard Rd location and take comfort in tip top 24 hr security at ARDMORE S^RfIRK HOUSE
      96 words
    • 158 18 orchardOhotel 443 Orctard Road Smppotr 0923 Tel: *****66 AMPLE PARKING SPACE f > m r A cosy corner, good food and music that set an informal mood. At Blooms, the style may be gracious dining but the mood's refreshingly informal. With our strolling minstrels "Los Pintos" adding a warm flavour
      158 words
  • Page 18 Miscellaneous

  • SHIPPING TIMES
    • 271 19 TWO MORE full container ships have joined the fleet of Cheng Lie Navigation (CNC) on its Japan/South-east Asia service. The 650 TEUs Tao Yuan and Ye Lan bring to six the number of vessels the Taiwanese shipping line operates in
      271 words
    • 328 19  -  By SHAHRIR ARIFF SHIPPING COMPANIES and freight forwarders must learn to cooperate in response to shifts in the industry, the chairman of the Singapore Freight Forwarders Association said. Mr Tan Kay Hock foresees that shippers worldwide will increasingly use the services
      328 words
    • 225 19 Seatrade Week A RECENTLY released study on US waterfront productivity is bound to fan the flames of controversy during current rtoaUng* with the International Longshoremen's Association over a new master contract with eastern seaboards maritime employers. The study, conducted by the National
      Seatrade Week  -  225 words
    • 204 19 Fairplay AGREEMENT has been reached between Swedish owner Nordstrom A Thulln and the Seamen's Union on the manning of three new 84,200-dwt crude oil-prod-uct tankers. According to the union, the dispute arose after N A T failed to register the newbuildings in
      Fairplay  -  204 words
    • PORTSIDES
      • 92 19 BOUYGUES OFFSHORE, the offshore oil service subsidiary of the leading French construction and civil engineering group, has won an order Jointly with a Yugoslav company to build three docks for oil supertankers in Cuba worth FFr 280 million (US$42 million). Bouygues Offshore is leading the
        92 words
      • 43 19 Reuter THE BRITISH Columbia Maritime Employer's Association, which represents 65 shipping companies, ended its three-day lockout of 3,700 dockworkers. The association earlier said a number of ships were diverted from Vancouver to US ports because of the lockout. Reuter
        Reuter  -  43 words
    • 1340 20 F AIRLY active chartering on the shipping freight market on Wednesday included grain, coal and iron are trades. US grain fixing to Japan and coal fixing to Europe provided employment for several bulkers. However, rates failed to respond in either direction. Zennoh paid U5512.25 (fio) to the Northern
      1,340 words
    • 444 20 AMERICAN President Lines will occupy a new 77-acre computer-controlled container terminal at the Port of Seattle later this month. President Mr Bruce Seaton said the new facility built at a cost of US$5O million, will make it possible for the company to
      444 words
    • 130 20 AP A PHILIPPINE Air Force plane searched waters off Davao city for a missing South Korean ship seized Ave months ago in a smuggling case, the official news agency reported. The Philippine news agency said the search had so far tailed to turn up any
      AP  -  130 words
    • 216 20 ABC CONTAINERLINE has appointed Masterhaul to handle its UK container transport and depot requirements. The 15-month contract for the Freightliner-Russell Davies Haulage Joint venture, which began on Sep 29, is estimated to be worth between £1.5 million to £2 million, depending on the traffic
      216 words
    • 915 20 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 Altrons VI 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Arias Line X 3 ANL 1 1/2 APC Lme V 4 APL M 2/3 ASCL II
      915 words
    • 183 20 FT THE FRENCH government is hoping to win trade compensation concessions from Norway to enable it to ratify the giant natural gas supply contract between Statoil, the Norwegian state oil company, and a group of European gas utilities including Gaz de France. The French
      FT  -  183 words
    • 176 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia /Straits Container
      176 words
    • 159 21 THE FEDERAL Opposition of Australia has called for a Royal Commission into shore-based shipping costs and for the Industries Assistance Commission to inquire into Australian flag shipping generally. Liberal spokesman on transport Mr Bruce Lloyd said that while Transport Minister Mr Peter
      159 words
    • 541 21 Reuter CHINESE PORTS, in the midst of a vast expansion programme, (ace a congestion problem for at least five years and need foreign funds to help solve it, a top official of HanJin port said. Jia Ruimin said the building of dozens
      Reuter  -  541 words
    • 268 21  -  By KINGSLEY WOOD AUSTRALIAN National Line is to manage two ships in a new short-haul coastal trade that will work with trucking companies. The venture aims to cash in on the cargo volume moving from Fremantle to the Pilbara iron ore
      268 words
    • 202 21 UPI THE BRITISH destroyer HMS Glamorgan, damaged by an exocet missile in the 1982 Falklands war with Argentina and later repaired, has been sold to Chile, a UK Defence Ministry spokesman said. It was the third "County" class British destroyer to be sold to the
      UPI  -  202 words
    • 143 21 Seatrade Week BULK OPERATOR Taiheiyo Kaiun, part of the Nippon Yusen Kaisha group, has asked its major hanks to extend a rescue package. It wants a two-year moratorium on 2.4 billion yen loans, a reduction in interest payments on 5 billion yen operational loans, and
      Seatrade Week  -  143 words
    • 5884 26 AAwmra Ever Guard. Evergreen. Oct 11. Chun He, China Ocean. Oct 14. Nihon. ScaaDutcht, Oct 14. Mln( Glory Yang Ming. Oct IS. Ever Going. Evergreen. Oct It. Ned Dejtana, ScanDutcht. Oct 21. >MW»fN Chun He. China Ocean. Oct 14. AMMAN Ned Wlllemakerk,
      5,884 words
    • 531 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure SjtkL, Nod Santo* Poros Wand Bktt Comtl O f MtMboh Equator 5 L Ptiatng 2 Mod Monio Strom Pride K30 K18 K32 too K27 K22 KI2 KI9 KI8 KI7 K24E PL Pat Elders NTYSS Searo Fori Thong Soon Morten
      531 words
    • 771 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy data/tima Operator cargo schadula Location Urn Master 034W 10 10 86 1700 G As<a F5A 0800-0900 N2 Sov Accord 68 10 1086 1900 Or Lloyd F5A 0930-1030 L7 Vega I5N 10 1086 2300
      771 words
  • Page 19 Advertisements
    • 446 19 OiuentOveiqeas Cmtaimi Line STRAITS EUROPE FXPRFSS SERVICE NORTH SMFPtCA STL ANTIC EXPRESS ROUND THE AOR ID ROUTINI EXPORT 30/11 12/12 13/12 15/12 17/12 IM CHTOM m m TAP [AST WIPDIE [AST SEPViCE HH gMK mqmj r%m fe M2H4/ OH) 200 CaNawiN AaM #12-05 SmOwmL Sifwn 0201 TN *****11 TELEX NO
      446 words
    • 70 19 mm AMERICAN President Lines will occupy o new 77-ocre computer-controlled container terminal ot the Port of Seattle later this month. Page ll CHINESE PORTS, in the midst of o vast expansion programme, face o congestion problem for at least five years and need foreign funds to help solve it. P«g«
      70 words
    • 377 19 Available at aH good bookshop* THE HEART OF THE DRAGON MAERSK LINE 1 Ail* .Wi i.lililitt-iKiiitJ T 7L f *«7. IM a Voy IS" por« EXPORT TO USA. EUROPE. •CI 13/10 1500 MB en IVII Ml MB *Smm* Ohm IM •CT 13/11 1M MB •OS 13/11 MM MB 141V14 1717/14
      377 words

  • Page 20 Advertisements
    • 216 20 > 4 V Q T T\rtT yamashita-shinnihon line J[ m J M l m W*J TRAMS-PACIFIC SERVICES Pacific North WMt I Atlantic/Canada Faadar at Kao I Faadar at Naaova STRAITS FEEDER iia.:*TTnnWl^iW *:iiiT7Tf ITUT^bi'n ij Ni i. agTnrjrairm» i THHMiw UTnnnnß rn j ii' i fa wflwwn» ■E39 EH9 E39
      216 words
    • 258 20 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 MALAYSIA SON. BHO. TLX: ***** MTM Frt. Booking contact Miss Qan Further load/ discharging ports en route subject to sufficient inducement. Support Afent Goodrich Maritime Pte Ltd. Tel: *****35 Tlx: RS ***** QRMSiN Supercarrier Service IMaiiaiiMal Gearbulk From NEW ZEALAND VMLrUWVJUX To NEW ZEALAND
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  • Page 21 Advertisements
    • 635 21 Mansfield Container Shipping Pte Ltd QCL Overseas Containers Limited fc* :\i:; avi n \\>mur w.n \m\ The Straits Steamship Group S STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok lljl: *i**i« Stan NW| •1/11 13/11 M/ll 11/11 IVU IVU »/ii 27/n •2/12 M/ 12 11/12 12/12 17/12 19/12
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    • 600 21 STRAITS MARINE CO PTE. LTD. Welcomes to Singapore MR. K.T. SNYDER II MR. JIM HILL of &CZ DIPLOMATIC MARINE. INC. Manufacturers of a complete line of Hatch Cover Tapes. RAM-NEK /KOAMING-AIDE /MARITAPE SMC Kewalram House. 30 JaMn KAang Barat. Singapore 0315. Te<: *****11 Tetex: RS ***** "LRAFTS" C«btr "MARINE" Franco
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  • Page 22 Advertisements
    • 362 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS Bliaaw IWaai/>«wv 4/11 7/11 It Itowt 9/11 U/U 22/11 2/12 J/12 17/12 N/12 31/12 N/1 IVI 22/1 S par* m 13/11 15/10 24/19 21/1# 24/14 21/1* 4/11 C/U 11/11 13/11 lt/U 21/11 24/U 21/U 4/12 C/U 12/12 14/12 11/12 21/12 24/12 21/12 S'toa "trjri 2/11 4/11
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    • 642 22 FULLY CONTAI NERISED SERVICE TO FUR OPE VIA SIR/ 1 ol ,hr cf C(W o, ,t n 4/11 5/11 1/11 11/11 FROM hIROPF VIA SUFZ 1 9 ,h,> tf Consort,u.n OMENTAI CHEF Ml KOREAN MCCJM JSC hptvne c*tstal m KOREAN CHANCE m PJUtaat rpmt HMmt 1-tN —m T (16/10) 14/10
      642 words
    • 255 22 M. Hai Sun Hup Co (Pte) td 1 TEL *****06 (20 Lines) TLX RS ***** HS ***** lr«r\ t I \S| K\ K I INI K III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HFAVY LIFTS SOU MEBM SOU MATSUTMM KMX (ML SOU NAGOVA Loa<in( at appropriated Berth P4-P5 NOTE:
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    • 800 22 Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) OUTBOUND US WEST COAST INBOUND ramm w «nn uu sc m «a m on ana u/u rat book 11/11 wu m etna u/u na «tb ivu wu wu ra oh 22/11 na mm u/u 21/u na an wu mumb-
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  • Page 23 Advertisements
    • 717 23 PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE BANGKOK CONTAINER SERVICE I PfYA ■HUM EAST AFRICA/ RED SEA SERVICE r* rrr 3 WEST AFRICA SERVICE mm VOV HK SIN LOAOMO FOR KOTA SEGAR E-052 25-20/10 9-17/11 Ustadi,
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    • 585 23 BENLINE CONTAINERS With effect from 13 October 1986 We are MOVING t0.... 200 CANTONMENT ROAD #13-05 Southpoint Singapore 0208 Telephone: *****22 Telex No. R*****0 Fax No. *****63 EXPRESS COHTWO SERVICE TO UK/CONTVCNT M»«r I«t C*y (MM FraAhrt [ip> CjrAfan Ojy Hm Man (Uu by' ALL VESSELS ACCEPT TO/FROM PENANG AND
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    • 574 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUM LLOYD P.T. SAMUDERA IMMNESIA P.T. TRIKOIA LLOYD fill 'SMM MMTT vu-m A *330. it-if/ii a/u a/ii a/u a/u Im* Ino iwh/twh khk tMTMUtr VIMB \2? M/U I M/U 11/11 a/u ISTOK I HMO iVH/nw nwnn mtaBMC- *-m it/in/ii I
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    • 394 23 BOUSTEAD SHIPPING AGENCIES m PA-A* VI4IN 14/ IS Od MTTTKYn NMt V27CN 17/11 Od PAGAN VIO4N 19/21 Oct AVA VS2W 21/22 Od BURMA FIVE STAR (Burmese National Line) Loadinf for Rangoon Spore P.Katanc Pcnanf Ba 11/14 Od 8/9 Od <r g^mk) 18/19 Od 25/24 Od V* BANK LINE EXPRESS SOB-CQNTI
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  • Page 24 Advertisements
    • 1263 24 USA CANADA ATUUITIC COAST (Round Th. World Sorvico) IWEM 0. MNSTO *27 0. KMGHT *29 STORE 17 Oct 30 Oct 6 Nov LB 11 Nov 25 No* 30 Nov K LINE KAWASAKI KISEN KAISHA, LTD. CHLS 22 Nov 7 Dec 12 Dec NFK 24 Nov 8 Dec 13 Dec NY
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    • 682 24 a AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Feet* PMiflf Lm> Vessel S pore Mrib Fraa Sydr> Also Accept! RMKMS vn 11 Oct 27 Oct 6 No. 3 No. AM Bm CALABAR V2l 17 Oct CHANOOAS V 22 4 Not ?0 No. 79 No. 27 No. AM/Bns ESTECimR V 8
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    • 618 24 STRAITS/PERSIAN GULF SERVICE eOUIOI MMBI MM*t/bradi/liMca(/MM GOUKM HMD MMrto/taradi/Mrw GOLDEN LINE GUAM GUAM SHPPMG (TIE) LTD 21. W *T» Skit aural 4144 m iMJM (M HO) im■ r MItUTC. S f.Ww|N«i 11/21 Oct wn Oct 12/14 Oct CHMA OCEAN SHPPMG CO.. PEKMG THE PEOPLE'S REPUBLIC OF CMNA 40U LI 1
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    • 378 24 INTRASEA (PTE) LTD I 1Q Anson Road 2? 7 16 lnte'n,it» 0207 Tel *****1 'ft L«nf»s BREAKBULK SERVICE TO EUROPE/UK fill i PHIIITRON SHIPPING AGENCIES Pit I W PHIt I ORIENT lINfS PIE I IP Hflp rtf f i": 1 paging. s wor ft(p. imi BiHl TINC, N- w*:? 1
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  • Page 25 Advertisements
    • 681 25 NEPTUNE ORIENT LINES LTD S pore NEPTUNE AGE NOES PTE. LTD FE EU/AtIST IPR/SEA Id No «c. Tennaal OS WOMBS 270*77 *****53 *****42 *****77 *****22 ***** V) OR OKCT UK *****19 27*11| Far wmmi baigM «wm. ptuw eel ******4 PKeiaag NEPUNE SOU M. 3M9M7/3CMS4S/3C*****/3M742C K liflnpw NEPUNE SOU M>. *****71/*****34/*****35
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    • 373 25 HEUNG-A SHIPPING Korean Flag Vessels DON AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON SPIWI tGINI', NtPlllf# AGf NCtS Pll I ID Ift 77A5434 <Koofcm|;sl ??09?84 i Iriiranjl) .70.M50 .'.'0. 504 iCI SI l-JN'S I UNAS SHIA SON BHD *1 Id Z/40M/ P* lel ibHMSM 36(0*?0 W>Bo«>h PIN
      373 words
    • 611 25 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SINSOV BULDMG 55, Market Street Sinfapore 0104 Tat; *****33 (15 Lints) Ti Cable Address SMSOV StJGAPORt Tetei Numbers RS ***** RS ***** RS ***** Office: *****41/2 P KELAIK M/S SMUUKAT NAM SOON SON. MB. IST AND 2ND FLOOR. NO 1. IALAN CEMPENRK. PORT
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  • Page 26 Advertisements
    • 355 26 I REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) WSSQ n i' "-i rm nrr int.fiirroir iMf romr ifflt "imrrrr CE3E222C ESSBE2s2E| E2EDEEE dQE22E n "Fnimgr lE3ZIES2BE 7TTT TWFfi |30-31/10 2-2/11 THAILAND I fnn fTOTM ICTUTI ICZCE2U I' W l I I*7l"!^—HTM PCTPEI mil I I B7TM Bffll M
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  • Page 26 Miscellaneous
    • 151 26 Regional Weather r •I 7. '4 n w SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MO WHO. R Thunderstorm c yC\ s^ K>wef Weather W**d d*ect.on w«th *peed e» knot* ,n Wave Cloudy Sky Wocc armdt Off indicated by errav* w*<k Hy wit* tfce One tul crcie represent*
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  • Page 27 Advertisements
    • 256 27 JOO HWA SMPPMG (PTE) LTD., U 465 CMNFORO LAIC. #02-14 CXANFOtt COfTK SMGVORE 0719 TEL *****36, 2*3117 TOO IS 3M7C JOONN OCEAN BRIDGE SHIPPING PTY Lffl, FREMANTLE REGULAR SAILING TO FREMANTLE Genetjl Agents Imkov Shipping Co Pte Ltd. 131 C«cl SM #1442. Ctd Cart. Sp«rt OIK I* 223(273 Unk.lt 2)234
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    • 568 27 CORMORANT BULK CARRIERS > VANCOUVER B.C. CANADA NMNESiA/ USA MO CANADA WEST COAST CONKNTWNAI SERINCE I (MOW Fot VMCOUVU IC 01 HTM m m «u SAMM VICTORY 1112/1? IS-U/tf 21-21/12 otto LOMMK rain SUM CI MUCOBfI WOfCSIA/ MDM CONVENTIONAL SOtMCE 10NME FOt MMWAS HAUM BCMUT SUM CKBOM TUMI HI KU
      568 words
    • 859 27 CA/ C LINES WEEKLY FCL LCL CONTAINER SERVICE STONE IWK MG KM HQ KOB MO) BUS YE LAN VM? h Pwl 12/11 11/10 20/10 21/10 24/10 25/10 20/10 KUO HSJUNG MlO 11/10 21/10 27/10 29/10 30/10 3/U 4/11 5/11 TAO TUAN V 603 KUO LUNG WlO »/10 1/11 7/11 9/11
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  • Page 28 Advertisements
    • 435 28 Fa l LCI SYD/ftEL/BMS/MXL USA/CANADA PORTS NEW ZEALAND POUTS EUROPE/UK PORTS JAPAN/TAIWAN PORT ETA SMGAPORE 15/10 24/11 31/11 IVI9 27/11 19/11 14/19 29/11 U/ll 12/1* U/10 29/19 13/19 J/11 22/11 U/ll 25/10 J/11 U/ll 23/11 31/11 U/ll It/10 25/12 U/U 27/1# 4/11 JfA> NO bUM'.t COATVST door to door servke
      435 words
    • 422 28 HEAP SENG TRADING SHIPPING PTE LTD •001 BEACH ROAD #19-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****22 (3 LINES) TLX NO. RS ***** MEAPCO i .urn:, if.'; *ssl WT NO mm rMM VSCSN 12 OCT 13 OCT 14/15 OCT 1< OCT 1» OCT M OCT 21/22 OCT 23 OCT
      422 words
    • 526 28 C.Y. LINE (A Mtmbtr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTMOtSED SERVICE TO EUROPE (VM SUEZ) iMNsmau ns HONaos cqnimo nn oe* coNTian w7w MOT* CHEF nil FULLY CONTMOtSED SERVICE FROM EUROPE (VIA SUEZ) omktai am n* KOKAN MOJM VIS ICPTUC anTK V3tt KOKAN CMANCt VM
      526 words
    • 677 28 Everett Lines COMPANY PERUANA DC VAPOREES (C.P.V.) "PERUVIAN STATE LINE" M lot** tor CjAm MtUraa lo mi ottw ftnraw ports n» 0» CM Throafk Ms el l«** I* taut Mnaten noMsnanr •w. S 11/11 Oct 25/21 Oct VCMM EVERETT ORIENT LINE"j JAPAN/BAY Of BENGAL/JAPAN SERVICE 8i LOAOMG FOR HONGKONG* YOKOHAMA,
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    • 219 28 ZIM NOft COWEKMX HOOmr FUI COOMB SERMCE CMft to ISA [«l Rett Cwst. CotMmOml Cm* aTSSf mi* ami 1.12J1 4.UM 1/11 Vl2 11.L2J1 K IIM 1. u a/u vu 11/11 14/11 11/11 17/11 mt Hi a i i m. Mi ia/va to 4 m TMC HN NO 2 JUL l.tTii
      219 words