The Business Times, 30 October 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, OCTOBER 3», 1986 75 CENTS
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  • 216 1 STOCK MARKET SHARE PRICES on the Singapore stock market finished mixed in fairly active trading yesterday. The BT Composite Index closed 4.29 points higher at 819.88, while the Straits Times Industrial Index eased 0.27 point to 924.21. Total turnover increased to 33.97 million units worth 169.21 million
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  • 697 1  -  Judge warns that financial reputations are fragile By HOMER CHEN OFFENCES which can damage the trust and reputation of financial institutions must be seen differently from those involving private parties. And as a deterrent to those who would damage those
    697 words
  • 334 1 Reuter THAI COMMUNISTS are stocking arms and penetrating all sectors of society, including Parliament, in preparation for renewed revolutionary war, the government said yesterday. Prime Minister Prem Tinsulanonda, laying out a fresh counter-insurgency policy to nearly 800 government and military officials, told
    Reuter  -  334 words
  • 512 1  -  By SOH TIANG KENG, Financial Corraapondant A SURGE of demand which greeted Standard Chartered's $100 million capital raising exercise yesterday prompted the hank to go on to Up the local market for another 150 million resulting in a record total of
    512 words
  • 401 1  -  By ELAINE KOH WHATEVER THE VIEWS on the survival of Promet Bhd might be on both sides of the Causeway, from the other side of the Pacific there is a mystery buyer prepared to take a gamble on the outcome of its on-go-ing legal
    401 words
  • 298 1 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that the government would not compromise on Increasing the interest rate (or its housing and ear loans and to do away with pensions lor new government employees and those not yet
    Bernama  -  298 words
  • Page 1 Advertisements
    • 88 1 Cassette Receiver M 3 FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone. *****22 Kuala Lumpur Phone *****33 Phone. *****5/*****1 Jakarta: Phone. 37*085 t, zs 1 i THE SUPER PERFORMERS 'ARE BACK! i V* I :>V X If r Superb performances! Sensational singers! Electrifying music! Come. Join Gina Lar and
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    • 305 1 Where gamblers thrive MORE MONEY will be wagered illegally in America this year on the outcome of professional and collegiate athletic contests, horse races and the America's Cup than the combined 1965 sales of American Telephone A Telegraph Co, Boeing Co and General Electric Co. Only in Nevada is betting
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    • 233 1 "=_@-*,+%*~<@^,?"\|*-]_%<%-""<: New horizons in time. Rado DiaStar Anatom an amalgam of the latest scratchproof technology and anatomic-functional design. Revolutionary design. Convex sap.Revolutionarv design. Convex sap.phire crystal, diamond-polished on Doth sides A revolutionary leap into a new era of styling and design. The perfect match the perfect anatomic solution. The anatomically
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  • HOME NEWS
    • 355 2  -  By LIM SOON NEO THE PEOPLE in charge of promoting Singapore as a seaair cargo transhipment centre are moving into the South Korean and Taiwanese markets, in addition to the Japanese market. A team led by the Civil Aviation Authority of Singapore (CAAS) and the Port
      355 words
    • 367 2 OmsiTION POLITICIAN JB J#&etnam has called on SingapjHnc to ask the government ufitofease long-term political detract Chia Thye Poh. (cFesterday was the 20th anniteiin j af Mr Chia's detention litjh- the Internal Security Ac. Jeyaretnam, who is the fltftjti i
      367 words
    • 140 2 PRIME MINISTER Lee Kuan Yew, ministers and advisers to the Citizens' Consultative Committees will kick off Singapore's 16th Tree Planting Day this Sunday. The annual event is to rekindle awareness of the need to plant and care for trees, according to a statement from the Ministry
      140 words
    • 285 2 THE US SILVER Liberty Bullion coin is to make its debut as "the newest star in our shining constellation of American Eagle Bullion coins", in the words of a director of the US Mint. Its bigger brother, the American Eagle gold coin, has performed
      285 words
    • 268 2 SECONDARY SCHOOL teachers will be able to use minicomputers for administrative work from next year. Secondary schools will begin receiving the minicomputers in two phases next year, in April and August, as part of the Education Ministry's $17.4 million School Link project. The minicomputers will be used
      268 words
    • 279 2 THE EXPORT-Import Bank of India has set up its third overseas office in Singapore to promote India's exports to the Asean region. The Singapore office, which started operations in late-Au-gust, is headed by Mr M R Gulati. Mr Gulati was quoted by the
      279 words
    • 395 2 HIGH-FLYING businessmen taking-ofl tram Singapore on Finnsir will, in future, be able to make direct telephone calls, vis satellite, from the sir to any part of the world. The official Finnish flag carrier says this is the first service of its kind in
      395 words
    • 64 2 TWO SINGAPORE students have distinguished themselves in the University of London external law examination. Tan Siew Bin took second place overall in the intermediate examination, competing against 1,000 students. Mohammed Yusof Halim took second place overall in the Part 1 Final, for which 900
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    • 35 2 IN YESTERDAY'S story "Mitsubishi unit expanding operations", BT referred to United Electronic Engineering Corporation as a subsidiary of Mitsubishi Corporation. UEEC has clarified that it is a subsidiary of Mitsubishi Electric Corporation.
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    • 96 2 CEREBOS yesterday opened its third Pizza Hut outlet following its purchase of the franchise in April last year. There are now eight outlets in Singapore. The latest Pizza Hut Restaurant, located In Plaza Singapura, cost $700,000 and is the largest, with seats
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    • 515 3  -  By RICHARD SEAH THIS MAN IS NOT looking at a peep show. He is about to gain access into a security area, just by peeping into a hole in this machine. No keys, no magnetic cards, no need to remember a
      515 words
    • 384 3  -  By LINDA CHEE THE SIONG HUAT Group's shipbuilding division has won a 15 million contract to build two specially-designed landing craft for the United Arab Emirates government. A company spokesman said it expects to get further contracts to build more of
      384 words
    • 318 3 HAN VO-TA has joined the Hong Leong Group as senior manager of City Developments Ltd. A graduate from the Sloan School of Management at MIT, Mr Vo-Ta was formerly manager and director of the Bank of Montreal Asia Ltd. He is now president of the Canadian Business
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    • 494 3  -  By JAIME LYE HOTELS which charged room rates of |75 to $100 in 1965 did better than hotels in other price ranges, according to a survey on the hotel industry. But their prices did not induce more tourists to come to
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    • 127 3 ANOTHER oil company, Singapore Petroleum, has raised the wholesale prices of some of its petroleum products by 2 US cents a US gallon. It follows a similar move by Shell which increased some of its wholesale prices last Saturday. Singapore Petroleum yesterday raised the price of
      127 words
    • 89 3 THE FIRST Asian World Publishing Congress, which will be held from Feb 23 to 27 next year at Raffles City, has so far attracted participants from 21 countries. It is the first twin event for the printing and publishing industries, and will feature 36 presentations and 28
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  • Page 2 Advertisements
    • 241 2 The Enterprise column has been held over due to pressure on space P II I I. V S ADDS N I W I) M \SI O S I O INI R \l A I I O N A N A (i I \1 I N T i rm m i
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    • 74 2 rp A celebration of famous French pancakes. From sweet to savoury. L With some exciting local touches! Try Crispy Deep-Fried Sea Lobster Pancake with Chilli Sauce. Or Chicken with Curry. There's Crepes Singapore, lavishly filled with sago, coconut and served with Melaka Sauce. Or be tempted by our strawberry, apple
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  • Page 3 Advertisements
    • 10 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day
      10 words
    • 123 3 I x il li< iIUCI). i en/ ending. MrS/uke^neure. 0 '.'1 w/y ending indeed. Sir Walter. :w« f i# < il fV, -S > K > c W IKSOLD r MiX The taste is sheer poetry WHYTE MACKAY 21 YEARS OLD SCOTCH WHISKY For sain enquiries please contact the sole
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  • ASIA-PACIFIC
    • 403 4 Reuter JAPAN'S average wage earners, already among the highest paid and least taxed in the world, stand to be even better off if Parliament can agree on major tax changes just presented to the government. The proposals, formally submitted to Prime Minister
      Reuter  -  403 words
    • 183 4 AP JAPANESE TECHNOLOGY and raw materials from China could turn the Far East into the world's economic leader, said former British prime minister Edward Heath. Mr Heath, who spoke on Monday at the University of Georgia, said the increasing economic power in the Far
      AP  -  183 words
    • 183 4 ITPT THE SOUTH KOREAN economy is expected to grow by 10.5 per cent in real terms this year, helped by low crude oil prices, a relatively weak US dollar and low international money rates. The Korea Development Institute, a government "think tank" on economic
      ITPT  -  183 words
    • 302 4 AP PRESIDENT Ronald Reagan has asked US Trade Representative Clayton Yeutter to develop retaliatory measures against Taiwan to protest against that country's restrictions on the sale of US beer, wine and tobacco products. Mr Yeutter's office announced on Tuesday that in exercising his
      AP  -  302 words
    • 253 4 AP THE US GOVERNMENT has reiterated strong backing (or Philippine President Corazon Aquino against renewed criticism from Juan Ponce Enrile, the Defence Minister (or both the Aquino government and that of deposed president Ferdinand Marcos. "We think'she has a clear, democratic mandate" and
      AP  -  253 words
    • 764 4 ARRIVALS Operator S«rr«c« number Local tMIM From SIA LUFT UA SIA MAS MAS MAS SIA AC CPA MAS RBA GIA SIA SIA SIA THAI MAS GIA SIA SIA GIA SIA SIA SIA SIA THAI LUFT THAI CPA GIA MAS MAS MAS UTA SIA JAL SIA GIA GIA
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  • Page 4 Advertisements
    • 247 4 IMF urgM Tokyo and Bonn to boost oconomy, Pago 5 Wfm 4 c m w& ■> <*»* i <; ,\.;x :•< v." Hun Dynasty hmnze flytnv £orre symbolizing extreme speed FOOTED FLEET In the foreign exchange markets, being fast on your feet is vital. Because a few seconds can make
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    • 58 4 Ramos holds tho koy, Pago 7 I—AT1 —AT T The business person's cho»ce, I 3 \l\ /I \J /\\J every Tuesday, Thursday, Saturday rSI II \J I I and Sunday. Leaving Changi Airport I v7l V 11—11 at 22:00 hours and arriving at Bombay at 00:30 hours. Call Air Canada
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  • REST OF THE WORLD
    • 394 5 FT A MORE OPTIMISTIC VIEW of the outlook for the British manufacturing industry, forecasting some recovery in orders and output in the next few months, has been made by the Confederation of British Industry (CBI), an employers' organisation. The companies polled in the
      FT  -  394 words
    • 276 5 Reuter ELIMINATION of nuclear ballistic mfawriipa by the superpowers would require major increases in Nato military spending because remaining US bombers and cruise missiles cannot guarantee Western security, a prominent arms analyst said. "I don't think that (airlaunched) cruise
      Reuter  -  276 words
    • 121 5 Reuter POPE JOHN PAUL has urged scientists to beware of moral dangers posed by nuclear energy and genetic engineering. Addressing the 500 th anniversary meeting of the Pontifical Academy of Sciences, which studies and advises the Pope on contemporary scientific issues, the pontiff said
      Reuter  -  121 words
    • 196 5 AFP THE US Is considering a range of "political, diplomatic and economic steps" against Syria (or its alleged role in international terrorism, said White House spokesman Larry Speakes on Monday. Mr Speakes refused to elaborate on what steps might be taken. "We have a
      AFP  -  196 words
    • 437 5 Reuter JACQUES de Larosiere, managing director of the International Monetary Fund (IMF), called on Tuesday for (aster economic growth by West Germany and Japan to complement a slower US expansion. In a speech before the Southern Centre for International Studies in
      Reuter  -  437 words
    • 195 5 FT HUNGARY is successfully enticing Westerners to open hard currency savings accounts by offering competitive interest rates, secrecy and a guarantee that deposits and interest will be repaid. Westerners have responded by opening nearly 120,000 accounts with the Hungarian Savings Bank (OTP) into which they have
      FT  -  195 words
  • Page 5 Advertisements
    • 171 5 Questionsconcerning >\xir fears of being stuck abroad. As any traveller will tell you, it only takes a few seconds to ruin a trip abroad. You've lost your wallet, you've missed your flight, your business meeting fell through. But with the American Express* Card, help is just around the corner. We
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  • Page 5 Miscellaneous
    • 54 5 HHYHASNTMY THAT St* OPPONENT TMEN AS nrtA* FORCEFUL A POSfPON oh drugs? TfcLcL ÜBNFBRmmTHAT? nUMS* I JUST HEARD n/Alon/ THAT MRS. DAvbnport/sht 2£££}£L AGAINST DRUGS! BY GARRY TRUDEAU THE WQRDtS THATDAVBN- SUSPECTED KXTUK& sZvsep ..AND PEFS/STENT REPORT SUGGEST MR*. DAVENPORT HAS A SERIOUS DRUG DEPENDENCY! TjjS m iS =3 r
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  • BANKING AND FINANCE
    • 401 6  -  By FLORENCE CHONG AUSTRALIA'S answer to the South African Krugerrand and Canada's Maple Leaf the Australian Gold Nugget is now in production. It was announced yesterday that the first proof issue of the gold bullion coins is being minted at the Perth Mint. The four
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    • 250 6 UPI MORE THAN 150 BANKS in the US will fail this year and 1,400 institutions are on the regulators' troubled list, the chairman of the Deposit Insurance Fund said on Tuesday. "So far this year we have had 117 failures
      UPI  -  250 words
    • 234 6 AP ECUADOR and 52 international hanks have signed a US$22O-mil-lion loan agreement linked to Ecuadorean oil exports and the world price of oil. Michel Jacquet, the vice-presi-dent of Banque Paribas, the French bank that headed the bank group, said on Tuesday that
      AP  -  234 words
    • 220 6 AP A FRENCH BANK has sued the Venezuelan government for more than US$3O million in overdue debts from a failed private Venezuelan bank. Banking sources in Caracas said yesterday that the move could sour the atmosphere at on-going talks regarding Venezuela's
      AP  -  220 words
    • 902 6 SINGAPORE: The US dollar yesterday closed weaker against most major currencies but above the day's low, after moderate trading. Initial dollar weakness stemming from Japanese exporter selling was counterchecked by some short covering at around 159 yen by institutional investors. The dollar closed at 159.60/70 yen against New
      902 words
    • 242 6 Interbank rotes at 3pm yesterday: Local dollars to Md Offer a roe* parity on# unit c4 Vif ign currency: US dolor 2 1855 2.1865 ***** -22 49 Sterling pound ***** ***** 7 3469 -57 88 Australian dolor 1 4019 1 4048 ***** -59 11 NZ dolor 1.1047 1
      242 words
    • Article, Illustration
      137 6 THE OVERNIGHT rate on the Singapore interbank market closed point higher at 3'/» yesterday. The one-month rate was unchanged at 2 7 4. The two-month and threemonth rates were unchanged at 2 15/16. Mcates the average of the prime lendnf rates of 12 major banks operating in Singapore
      137 words
    • 126 6 AFP TAIWAN'S foreign exchange reserves have reached a record high of US$4O billion, Central Bank of China governor Chang Chih-Cheng said yesterday. Speaking in Taipei, he did not give details about Taiwan's reserve holding, which is one of the three highest in the world. The
      AFP  -  126 words
    • 239 6 HONGKONG: Gold closed lower in (airly heavy trading on persistent overseas selling yesterday. It ended at U*****.20/70 an ounce against New York's U*****.60/U*****.10 close and the U*****.50/US$4ll.OO finish here on Tuesday. On the local market gold eased HK$2 to end at HK$3,BOl. The Krugerrand ended unchanged at HK$3,lBO,
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    • 360 6 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed from opening levels in quiet afternoon trading. Dealers said activity was slow in the afternoon as most operators stayed on the sidelines awaiting yesterday's US Treasury third-quarter refunding details announcement. Short-dates were slightly lower at the outset reflecting a weaker
      360 words
    • 671 6 DECEMBER US Treasaryhsads gapped sharply lower at 95.24 during the opening yesterday and eased further to 95.21 on weak demand for the US seventhyear note auction and liquidation in anticipation of the US Treasury quarterly refunding. Prices, however, recovered to close 2 ticks off the day's high at 95.27
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  • Page 6 Advertisements
    • 139 6 MONT HE BLANC THE ART OF WRITING f V M •7> 15 mrnv Vi MONTBLANC THE ART OF WRITING „MEISTERSTUCK M the pride of the MONTBLANC Collection is probably me most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from
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  • WORLD BACKGROUND
    • 610 7 NYT THE PHILIPPINE Armed Forces Chief of Staff, General Fidel Ramos, gave 250 cc of type-A blood last Friday at a Red Cross blood drive. Then he told troops that the secret' of his health and energy, at 60 years bid, was a
      NYT  -  610 words
    • 759 7 Reuter KAZUO MURATA often •trolls around the assembly lines of his battery factory telling staff that every 10 minutes spent working should be lived as if they were the last 10 minutes of their lives. After four years, his philosophy no longer
      Reuter  -  759 words
    • 707 7 UPI RAJIV GANDHI impress n1 the world with his youthful energy when he was thrust into power two years ago by the assassination of his mother, Prime Minister Indira Gandhi. At age 40, he became India's youngest Prime Minister only three hours after
      UPI  -  707 words
  • Page 7 Advertisements
    • 36 7 Richard Ellis Get the smartest deal for your new office space Call on our team of professionals: Lee Eng Beng. David Lawrence, Kevin Wong, Hsu Li Fen, Pauline Goh and Lim Lay See. f. n 224-8181
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    • 262 7 help you buy a house now with complete peace of mind 1 SH T J Va r v ?i 3 S/ y n >* f 4?/ •t V: 9 i Ti I fl l 1* w vvs > M Chase Complete Home Loan If you have been thinking of buying
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  • FEATURES
    • 505 8 NEXT MONTH, Singaporeans will focus their thoughts on productivity. They will also be asked to think about not smoking. A coincidence perhaps that a major anti-smoking campaign is to run concurrently with the annual productivity campaign. This could be seen as poor coordination between the National
      505 words
    • 1184 8 The chips are up for Nevada's sports book industry Some US$BO billion will be wagered on American sports this year. Most of the bets will be illegal, except in Nevada land of the American dream gone neon. With US$l billion coming their way, Nevada's gambling
      UPI  -  1,184 words
    • 1214 8 FT SIX MONTHS AGO, Carl Icahn, probably the most feared corporate raider on Wall Street, appeared to have met his match. TWA, the big transatlantic airline which he had recently acquired after a bitter takeover battle, was losing an estimated
      FT  -  1,214 words
  • Page 8 Advertisements
    • 188 8 SINGAPORE MANUFACTURING FUTURES SURVEY 1986 Singapore manufacturers are struggling to compete in today's competitive environment WHY? To find out some of the answers attend the Business Times/Arthur Andersen Associates Pte sponsored symposium on New Singapore Directions in Manufacturing. Introduction by: Roy Mackie, General Manager, Business Times Speakers at the special
      188 words

  • SPORTS
    • 546 9  -  By WALTON MORAIS THE PROMOTER who brought world championship women's tennis to Singapore has welcomed moves to combat the increasing number of exhibition tournaments and says the Republic will ultimately benefit from them. Graeme Plum, the managing director of Australian Sports Marketing, said
      546 words
    • 599 9 AP A BLIZZARD of paper blew through office building Canyons on Tuesday as New York City threw a gleeful ticker tape parade for the amazing Mets, whose world series victory set off a night of boisterous, noisy celebration. "We've been
      AP  -  599 words
    • 248 9 AP NOT ONLY is John McEnroe on a hot streak, he is also on a lucky streak. Before he even started playing in the U*****,000 Paris Open tennis tournament, he lost the only seeded player in his quarter of the
      AP  -  248 words
    • 111 9 Reuter IVAN LENDL, who won a dia-mond-encrusted gold racket for his third victory in the European Community Championship tennis tournament last year, was named top seed in next week's event John McEnroe, whom Lendl beat in last year's final, is in the opposite
      Reuter  -  111 words
    • 394 9 AFP PRIZE MONEY on the European golf drcult will go up to tts miffing next year, with 17 tournaments on the i <it I lieu t. lour, more than in Grant Britain an*' Ireland. Last season's circuit wanworth £5.4 million,
      AFP  -  394 words
  • Page 9 Advertisements
    • 41 9 Etonic rfTui the technology 'of running /m i SIGMA The Siqma v- ppp p PAwa<'a!> e at al Casey A Nepfnw (Marketing) f v o Ltd 31 Si Ojt'an r- i a T \v Spore 03 1 6 Tn; t v
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  • Page 9 Miscellaneous
    • 1290 9 to (md mm THURSDAY FEATURE SPECIAL |g| T■ m A oOfntwntii in I mi® 1030pm, Channel 5 Christopher Reeve (left) plays a romantic idealist in this rather pleasant drama about a writer who wills himself back in time to meet an actress whose photograph fascinates him. Jane Seymour plays the
      1,290 words
    • 696 9 CRYPTIC PUZZLE ACKOSS I Troubled with tangled lashes (6) 7 Showing timely vigilance (8) 8 Due to drink, we're out half an inch (4) 10 Might Norman have been a miler? (6) 11 Crystal edifice? (6) 14 Leased to a Latvian, we he or (3) 16 Foreigners useful at vaulting
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  • INTERNATIONAL STOCKS
    • 315 10 Reuter BANKING analysts ssld First Interstate Bancorp's sweetened offer to buy Bank America Corp could draw others into the bidding. "This is the point at which other suitors may come out of the woodwork." said Donald Crowley, analyst with Keefe Buyette and
      Reuter  -  315 words
    • 183 10 Reuter LINES mk drawn tar a battle in the British soft Mats badness after a aeries of moves left UK associates of Coca Cola Co ranged against the allies of arch rival Peprtco Inc. industry analysts said. Pepsico's announcement of an
      Reuter  -  183 words
    • 314 10 Reuter WALL Street stocks closed slightly higher on Tuesday after giving up much of their early gains to profit-taking late in the day. The Dow Jones Industrial Average rose 3.65 to L 845.47. Advances led declines 889 to 662. The New York Stock Exchange
      Reuter  -  314 words
    • 164 10 OCT 2S a AMh AJc an Alum Aigomo St) Bark Nova ScaMa Bar* Of Mantrart 24* 43* 13* 16* 33* unch Bal Canada Bp RnotfCM Bratcan Q A 36* 33* 27* 4* CamoW Lak* 28 Canadian biy Bank Conooc Carina OKoafa...... Cn Btnrt a A IS* 15* 13* 25
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    • 246 10 OCT A Atpho Abercom Kta Amaprop AArtC C G Mfc CKA Cum* Fina F«d Vofc Fug* HMI LA Hofcfc Lorrho lta M0USTK1ALS 1175 255 1450 450 4700 1965 3100 775 no 430 ***** 175 *70 500 2950 1600 I90B -7 inch unch 200 inch -50 inch 5 I0C 5
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    • 599 10 OCT 20 US* AJcon AJkjrvn AJcoo 31* 35% A|»g M IB* 4-% ASed AhOmtiwi 40% 66** 3% 4% Am Itqndi he 49% 4 4% Am Con Co 87* 2* Am Cyonomid Am Eftoc Pwr 77* 29% 1 Am bp— Am Homt Prod 58* 75* Am Motor* Cp 3
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    • 813 10 Amsterdam OCT M am* Fh 532 00 -2 Aagon AhaM •950 -0 3 105 40 16 Akzo 143.90 -0.9 Akarffa 151.30 +0 6 AMCV 7290 4-0 3 Amro Bar* Au S*ad B990 -01 ***** -1.9 Barfcaf Bob 34 00 -02 163 00 -2 Borwartij Buahrman Taftarc 138 50
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  • Page 10 Advertisements
    • 565 10 <sy M m Wmtz i* wine, tflae md Bgiataiß P; /r:; TEOCHEW i POBKJDGI BVFFFT $5 50+* V a "7/ r"rr. ».;lr f' A''J< s A 'A h wmxr $55 iwihnm#*z rWv Iper penon| You can enjoy savoury l homefy dshes sueh as braaed poik 9 steamed stuffed bean curd
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    • 122 10 .>>+;%</\"(-&"":\*@$;/,(=~,{}+) p. And now, for your great pleasure, may we present our clever combination of culinary craft and calisthenic capabilities, the incomparable Long Jiang Sichuan Prawn Roll. Send one tumbling through a succulent sauce. Sensational. Come for lunch 20* *5* or dinner anyday. *CJ j g HVNCE HDTTL 270 Orchard
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  • ASIAN STOCKS
    • 382 11 HONGKONG: The stock market closed a shade easier yesterday in fairly active see-saw trading amid speculation of share placements by some blue-chip companies, brokers said. The Hang Seng Index shed 10.69 points to end the day at 2,345.24. The Hong Kong Index fell 6.12 to 1,483.54. Turnover was HK5957.94
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    • 161 11 *****2M88SB8SS? 2^B3Q BK3S 2l55tz3fcBB SS 2^K9I QH i vf'wffl *rjJjtMBMMWWWi tV K^iTiV Koto 26 50 unch Kuochan Dev 23 00 0 6 Lm Chang Yum Chem Indus 31 10 -04 Lien Hwa Indus 18 70 -02 Nan Yo Ptos 35 00 1 Pocifk Cons 23 40 +0.9 Pacific Elect
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    • 471 11 TOKYO: Shares closed higher yesterday on the first day of trading for November settlement in a technical advance from recent declines. Individuals dominated trading, seeking bargains among shares which plummeted recently and selecting speculative biotechnology issues. The market average closed 107.55 higher at 16,505.38. Volume rose to 500 million
      471 words
    • 85 11 OCT 29 tmm Acot* Mnng Angk) Phd Apex Mnng B Altai Con. 8 0024 -0 001 26 +3 Boguto Gold Bosk Petroleum Benguet Con. B 0 0075 unch 107 -1 Fr»t PM HkJgs Leponto B Morcoppet 8 20 +0.4 0.13 001 130 -0 38 Morsteet Onentoi B Phi Ovtrtcos
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    • 464 11 BYDNEY: Australian share markets gained momentum during the day and closed sharply higher as a rush for gold stocks spilled into the industrial sector. At the close of trading the All Ordinaries Index had gained 16.9 to 1,374.4 and the All Industrials Index rose 19.7 to 2,145.9. The Gold
      464 words
    • 67 11 Kg rf'WF'-'w E3 Kol 1181 70 Kongwon M Kn Motor 875 1620 45 56 Koton Ind 1888 58 Kor*a Long T«fm 1438 70 Lucky Ltd I486 35 1250 1 Onantal Chmm 1700 40 Pocihc Owned 1249 42 Somhwon 1050 10 Sorrmjng Cofp 1120 70 Samsung El«c Samsung SwnKon 3400
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    • 170 11 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.26 to 180.56 and turnover totalled 870,856 shares valued at 178.04 million baht.— Reuter OCT 29 Mw Ao Khan Thai Ana F*w« Ayudhyo kwe*tment Agrotnd linn iA i-ii. O iini oongn o* Don* Bank Of Ayydhyo Charoong Tho W«
      Reuter  -  170 words
    • 51 11 Reuter US-BASED Asia Development Corp (ADC) has signed agreements with China worth more than US$llO million for the construction of hotels, flats, offices and commercial space in Peking, Shanghai and Tianjin. ADC is already building a US$65 million office tower and residential complex in Shanghai.
      Reuter  -  51 words
    • 245 11 Reuter BUOYANCY in Indian stock markets is expected to grow over the next two months due to planned investment in equity shares by the state-owned Unit Trust of India. Finance Minister VP Singh said the trust planned to invest what he called a large amount
      Reuter  -  245 words
    • 148 11 Reuter FORD UO HO Motor Co Ltd, > Taiwanese subsidiary of Ford Motor Co, will invest US$2O million next year to improve product quality and boost output A company spokesman said» that under the plan, more facih-.« ties, inrlinting tooling pniiinmpnt will be installed
      Reuter  -  148 words
    • 228 11 Reuter NEC CORP forecast a net profit of 32 billion yen in the year ending March 31, 1987, down 39.6 per cent from a year earlier, due to the yen's appreciation against the dollar and lower world semi-conduc-tor market prices, managing director Kazuyoshi
      Reuter  -  228 words
    • 103 11 Reuter OFFICIALS of the Manila and Makati stock exchanges have asked President Corazon Aquino to allow foreign brokers to participate directly in the markets. Senior officials from the two exchanges, the only stock markets in the country, were told by Mrs Aquino that Minister for
      Reuter  -  103 words
    • 84 11 Reuter NEW ZEALAND leisure »nH investment company Rainbow Corp has denied a Hongkong newspaper re-' port that it is buying the Hotel in Hongkong. The South China Morning Fai yesterday quoted market sources as saying Hongkong Land Ltd had sold the luxury Causeway Bay
      Reuter  -  84 words
    • 58 11 Reuter ICI AUSTRALIA aid its 51 per cnt owned Catoleum Pty has formed aa Indonesian Joint venture company, .j PT Nalco Perkasa with PT Astenia. Catoleum, 41 per cent owned by <■ < Nalco Chemical Co of US, will initial-! < ly own 51 per cent of
      Reuter  -  58 words
  • Page 11 Advertisements
    • 192 11 c k WMft to wtm. itm mM Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood. Gado Cado. Sate (Satay). spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is
      192 words
    • 106 11 v> I 1 W J-m All the Camus VSOP cognac you call for... during lunch or dinner is on the house 1 And that goes for any beer or soft drink from now till December 31st Call 732 1222 ext 1589 Cheers' Ample free parking A§> Century Park Sheraton Singapore
      106 words
    • 113 11 h Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours Mon Thur 12pm to lam Fri. Sat Eve of Publk: Holidays: 12pm to 2am Open daily except Sundays Happy Hours: spm to Bpm 20% discount on all
      113 words
    • 153 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      153 words
    • 155 11 U TOP BANDS nightly V Most Popular S shSTew^dfcoji HOT DISCO COUNTRY SENTIMENTAL POP ROCK and you name it!! *> Singapore's very own Slim Whitman with country favourites and Happy Hours: 12 noon 7pm Buy on* 4 gmt on* Premium Brands k bottla ratas 25% off. CAIRN HI U. HOTEL
      155 words

  • RAW MATERIALS
    • 455 12 UPI WORLD WHEAT IMPORTS will fall by nearly 9 per cent in volume over the next five years, says the Economist Intelligence Unit, in a report released yesterday. Hie report "Wheat to 1991 adapting to oversupply" forecasts that the Soviet Union's wheat imports, which
      UPI  -  455 words
    • 271 12 AFP SIXTY PER CENT of London Commodity Exchange (LCE) member companies support increased marketing and educational efforts to combat lack of volume and liquidity, which they view as London's main disadvantage as a commodity trading centre, LCE Saxon Tate said at
      AFP  -  271 words
    • 163 12 AFP THE PRICE OF aluminium will decline next year under the weight of world oversupply, international traders, Shearson Lehman forecast in their latest market review. Shearson forecast that the price will average 52 US cents per pound during the current quarter, compared with 52.3
      AFP  -  163 words
    • 81 12 OIL PRODUCTS NAPHTHA and fuel oil prices dropped but the other petroleum prices were stable. Naphtha declined by US$4 a tonne in Europe yesterday. Closing prices for crude (fob origin) US$/barrel Chonge Dubai (D«c) 12.55 -0.15 WT1, West Texas Intermediate, (Dec) 14.15 -0.25 Closing prices for products 1 1 I
      81 words
    • 188 12 MALAYSIAN crude palm oil prices eased from initial high* to close lower yesterday on profit-taking and speculative selling in sympathy with the retreat in palm oil futures. The market had earlier extended its firmness, supported by a further rise in Chicago soyoil futures. In the Nov position, south
      188 words
    • 65 12 Bangkok (USS/tMM. FOt) White Rk« 100% 1st dou 255 100% 2nd dou 220 100% 3rd dou 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rice A-1 Super 128 A-l Special 125 C-l Special C-l Ord unq unq Loonzoin Rice 100% 1st grode 2?§
      65 words
    • 89 12 THE PBICE OF UN aa the KuU Übnt Tla urfcet Juped M eeata y cater <ay I» Mfli.M pcr Mb la aetfve traAag, aa farther itrug iapp«rt EarepeDealers saM balliah mttomt ww aparrei by hrtak Kmtaa taylag a©ttrtty aa Ha Ctnd eretfter aaaka ntriM him aelllag tla. SeaM
      89 words
    • 294 12 SMQAPORE Prices closed slightly higher yesterday, with November One RSS buyers quoted at 185.50 cents/kilo, up 0.50 cent (ram Tuesday. In the morning session, the contract gained 0.50 cent on light covering interest in quiet trading and prices held steady in thin afternoon activity with little fresh interest noted.
      294 words
    • 139 12 Chin—I Product Exehangt oS'wS/ioo'ki' ricas on Coconut oil Bufc Foe 45 00 Otd drum FOB 58 00 New drum FOB 62.00 Copra 24 buyari Mixed Ooom) Popper Mont ok Whrt« FOB NLW 1380 00 Sarawak Whit* FOB taq M.W 1365.00 Sarawak ipccial block F06 NLW 957.50 Sarawak A»ta
      139 words
    • 144 12 WHEAT FUTURES in Chicago on Tuesday closed weak with losses ranging from 6-3/4 US cents a bushel in near December to 1/2 cent in September. Futures fell on market talk that CBT premiums over Kansas City hard wheat futures had reached the point where hard wheat deliveries from
      144 words
    • 116 12 SOYBEAN FUTURES in Chicago on Tuesday closed one US cent a bushel down in near months to one cent up in forward positions. Another strong early soyoil performance helped beans move higher and chart resistance was penetrated at U554.95 basis November. But local and commission house profit-taking came in
      116 words
    • 309 12 RAS prices Scwta/kg, FOC m b aiat MOO m Int 1 RSS Prompt Ovyovs 185.50 I86.50N 185.50 186.50N Int 1 RSS Nov 86 185.50 186.00 185.50 186.50 Int 1 RSS Dac 86 187.00 187.50 187.00 187.50 Int 2 RSS OP 184.50 I86.50N 184.50 186.50N kit 3 RSS
      309 words
    • 87 12 1 f NOV 86 DEC 86 VCurrwfTT fTKXiTnl NOON \Torworo fTHXiTn NOON RAS Ivyn Sdsn b|«n Sthn SSR 20 unov unov unov unov SSR 50 unov unov unov unov MRELB tll Bw>w» WHoft SMR CV 288 00 290.00N 289.00 291 00N SMR L 288 00 290.00N 289
      87 words
    • 462 12 COFFEE Robusta futures on Tuesday closed unchanged to £15 higher than Monday after prices drifted off a little from afternoon highs. Physical business was patchy, with volatile prices deterring industry. Second position January closed at £2,385, up £15 on Monday. Volume was 6,023 lots with 1,468 crosses. SUGAR
      462 words
  • Page 12 Advertisements
    • 909 12 MOSCOW NARODNY BANK LTD 1919 Nates aa the far the year IMS 1 Q«4 Notes £999** £000's Share capital Authorised: ordinary shares of £1 each Issued: ordinary shares of £1 each (fully paid) General reserve Profit and loss account Shareholders' funds Subordinated loan capital Current, deposit and other accounts including
      909 words

  • SHARE INFORMATION
    • 4205 13 SELECTIVE BUYING alternated with profit-taking yesterday causing share prices on the Singapore stock market to close mixed. Attention switched to Malaysian counters while Singapore stocks, which have been dominating the limelight during most of the current bull market, took a breather. The Straits Times
      4,205 words
    • 238 13 SINGAPORE Rises Mm Court 286 M MM SIS H Laoaf C/«M 400 M CoMw 402 OUi 334 Moomm Corp* 304 NST S40 Trocton 277 Sm Via. 202 Om> Hyp 242 PaMic M S0< 146 J C.nHt 121 Falls Mttra HUfi S3S S f H 860 Not Iran
      238 words
    • 4638 13 BID and otter prices officially listed sad business in and reported to the Stock Exchange of Singapore yesterday with the somber o( shares traded shown in brackets in lots o( 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,638 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 553 14  -  Investment in shopping centre to be tripled By NAJEEB JARHOM SIM LIM Investments has created waves on the property scene in Australia's Gold Coast by pumping a total of As2o million into Queensland's retail business. The decision to more than triple its present investment in
      553 words
    • 2660 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. MDUSTMALS Acmo xd (3006) /Um Mdg AJcem (695) (3) 66
      2,660 words
    • 112 14 HONGKONG Hongkong Index Wednesday >483.54 Tuesday 1489 66 Week ago closed Hong Song Index Wednesday 2345.24 Tuesday 2355.93* Week ogo closed All Industrials Wedesday ***** Tuesday 2126.2 Week ogo 2139.8 NEW YORK Dow Jones Tuesday 1845.47 Monday *****2 Week ago 1805 68 TOKYO Nikkei Averoge Wednesday ***** 38
      112 words
    • 275 14 MonogetV prices MARA-Bumiputrs for Oct 30 First B'putra 5 27 5 32 Singapore Unit Trust The Commerce 0 93 1 00 The Sowigs Fund 0 85 0 91 S'pore Prog Fund 0 37 0.41* S'porc S#t Fund 0 62 0 67 S'pore lnv«t Fund 0.71 0.77 S'pore Equity
      275 words
    • 191 14 APOLLO ENTERPRISES LTD has appointed Mr Tjia Eng Soei as its new managing director, replacing Mr Sheng Hwai Nak. Mr Sheng will remain on the board as a director. 8INGAPORE AIRLINES Ltd has acquired the remaining 300,001 shares in SADE from its holding company, Temasek Holdings (Pte) Ltd,
      191 words
    • 354 14 SHARE PRICES closed firm on the Kuala Lumpur slock market yesterday. I .parting the gains were finance stocks and selected industrial blue chips. Hefty double-digit gains were chalked up in the two sectors. Plantation stocks were dealt mixed with narrow price
      354 words
    • 63 14 AU8TRAL AMALGAMATED TIN MM: 47th AGM at the PNB Theatrette, 2nd Floor, Mnan PNB, 201A, J a Ian Tun Razak, ***** Kuala Lumpur, Malaysia today at noon. IMATKX Berkad: 19th AGM at the Cempaka Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur today at 2.30pm.
      63 words
    • 558 15 mms m By HOCK LOCK SIEW WHERE DID THEY GO? Kuala Lumpur stockbrokers Rashid Hussain Securities got the job of placing 52.5 million Malaysian Airline System shares on Tuesday, and by Wednesday night nobody knew who had bought the stock. Rarely has a
      By HOCK LOCK SIEW  -  558 words
    • 424 15  -  By AMY CHEOK SYDNEY-BASED Malaysian businessman Lee Ming Tee has acquired a strategic 11 per cent stake in troubled UK-based Aitken Hume International PLC, an investment management, banking and financial services company Mr Lee purchased the Aitken stake through Sunshine Pacific,
      424 words
    • 101 15 KEMAYAN OIL PALM Bhd has received approval from the CIC for the proposed special issue of 20.9 million new shares of 50 cents each to bumiputra investors. The issue price, however, has been revised from 70 cents to 50 cents a share. The special issue is subject to
      101 words
    • 689 15 SHARE PRICES moved higher from a mixed start in fairly active morning trading yesterday with dealers saying institutional activity was beginning to pick up. By 0939 GMT, the FTSE 100 Index was 9.5 points higher at 1,593.1. On Tuesday, the FTSE 100 Index closed 2.6 points down to
      689 words
    • 492 15  -  Total value put at $18.4 million By CHAN OI CHEE LONDON-BASED brokers Vickers da Costa has successfully placed out about $18.4 million worth of shares in Bonvests Holdings Ltd, a company controlled by the Goldvein group. The placement, involving 23 million shares priced
      492 words
    • 310 15  -  By NAJEEB JARHOM IN SPITE OF various measures to reduce costs and increase productivity, General Corp Bhd has failed to overcome the adverse effects of the economic recession on its interim profit performance. Group pre-tax profits slumped 60 per cent to M 54.03 million
      310 words
    • 383 15  -  By ELAINE KOH EVEN AS Emporium Holdings is planning to file for a debt restructuring scheme this week, another trade creditor has taken a winding-up action against the company. This brings to 15 the number of winding-up suits against Emporium
      383 words
  • Page 14 Advertisements
    • 398 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAMES We, Ocean Navigation Pte Ltd of 60 Cecil Street #02-01, KPB Building, Singapore 0104, hereby give notice that in consequence of our purchase of vessel Polsund', we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping
      398 words
    • 242 14 NOTICE NOTICE IS HEREBY GIVEN that, I Mok Hin Kin of No. 78, Marine Drive #03-38 Singapore 1544 have applied for a Second Class Public House licence in respect of premises at M/s: Mount Elizabeth Hospital Pte Ltd at Mount Elizabeth Hospital, 3 Mt. Elizabeth #02-01 Singapore (0922), and that
      242 words
    • 320 14 NOTICES IN THE MATTES OP THE COMPANIES ACT, CAP. 1M HAL HYP ABB PRIVATE LTD (la Vataatary LiqaMattaa) At an Extraordinary General Meeting of the members of KAL HYPARR PRIVATE LTD duly convened and held at 0001, Beach Road, *14-01, Golden Mile Tower, Singapore 0718 on the 24 day of
      320 words
    • 256 14 THE OOMPANIBB ACT, CAP. in AND IN THE MATTES OP OVERSEAS UNION SHIPPING COMPANY PRIVATE At an Extraordinary General Meeting of the Company held at 1 Colombo Court, #08-15, Singapore 0617, on 21st October, 1986, the following Special Resolutions were passed (a) That the Company be wound-up voluntarily pursuant to
      256 words

  • Page 15 Advertisements
    • 228 15 YOU DONT 6ET AHEAD Whether it's winning a contract or making a sale, you don't succeed in business if you come in second place. The same applies to the news and information you need timely, reliable news you can act on. That's why successful executives insist on having their own
      228 words

  • 441 16  -  Razaleigh to deliver keynote address By BOEY KIT YIN KEY ASEAN government officials and private sector representatives gather today at a two-day conference to discuss the most talked about topic in recent days the formation of an Asean common market. Delivering the keynote
    441 words
  • 328 16 THE ASEAN Chambers of Commerce and Industry has taken its first step towards bringing about closer economic cooperation in the region. It has formed a "Group of 14", chaired by Dr Paul Leong, a former Minister of Primary Industries
    328 words
  • 294 16 A THREE-JUDGE COURT yesterday dismissed lawyer Lim Chor Pee's appeal against a High Court ruling that he face the Law Society's disciplinary committee on six charges of fraudulent or grossly improper conduct. The Law Society had formulated the six charges following Urn's conviction in
    294 words
  • 375 16 VISITING Australian Primary Industry Minister John Kerin held talks yesterday with President Suharto in a sign that previously strained relations between the countries were mending. Mr Kerin told a news conference after the unexpected meeting in Jakarta that bilateral
    375 words
  • 203 16 AP TAIWAN yesterday expressed regret over US trade measures aimed at retaliating against Taiwan's refusal to allow tree market access for American cigarettes, beer and wine. Vice-Economic Minister Li Mo said in a telephone interview in Taipei that the government regretted the move by President
    AP  -  203 words
  • 179 16 UPI CHINA yesterday took its first step towards nationwide implementation of a radical plan to reduce the role of the Communist Party in government and redistribute political power. In a circular described by one Western diplomat as "very intriguing", the Communist Party
    UPI  -  179 words
  • 566 16 SINGAPOREANS would have six months to decide whether or not they want to donate their kidneys if a new bill introduced in Parliament on Monday is paaKd. The Human Organ Transplant Bill seeks to give citizens and permanent residents the option
    566 words
  • 473 16 AP, Reuter THE PHILIPPINE government would survive without Defence Minister Juan Ponce Enrile because President Corazon Aquino remains "the centre of political gravity" in the country, her spokesman said yesterday. "I'm very sure that whatever happens in the Cabinet, she will survive," spokesman Teodoro Benigno
    AP,; Reuter  -  473 words
  • 75 16 Reuter COMEX GOLD FUTURES dropped sharply yesterday morning on follow-through weakness from London. In lively business, gold for delivery in December slumped US$B.9O to U*****.00 before cutting losses at U*****.90. Analysts said the downturn in London gold triggered a flurry of long liquidation by commission houses. The outsiders
    Reuter  -  75 words
  • 67 16 Reuter NEW YORK stock prices eased in early trading yesterday as investors responded to the bond market's disappointment over Tuesday's Treasury auction and concern about quarterly refunding. Transports managed to post a mild gain, but major market indices were slightly lower. The Dow Jones Industrials Average lost
    Reuter  -  67 words
  • LATE FILE
    • 43 16 Reuter SOUTH KOREA'S trade surplus with the US is expected to hit a record US$7 bflttoo in 1986. Deputy Prime Minister Klin Mahn-Je said that South Korea would (ace increasing pressure from the US to reduce the imbalance.
      Reuter  -  43 words
    • 51 16 Bernama THE MALAYSIAN Cabinet yesterday set up a special committee to vet and approve all government building projects costing more than Ms 3 waßMm The committee, chaired by Deputy Prime Minister Ghafar Baba, comprises Finance Meister Daim Zainuddin and Works Minister Datuk SSamy Vellu.
      Bernama  -  51 words
    • 35 16 Reuter POORER members of Opec are likely to get higher allocations under new permanent production quotas which will be discussed in December, Tinlonrsi>n and Energy Minister Subroto said yesterday. Reuter
      Reuter  -  35 words
    • 51 16 Reuter GROWTH in French &oas Domestic Product should pick up this year and next, with a rise of 15 per cent in MS and per cent in 1987 after L 4 per cent growth in UK, the independent Observe toire Francais des Conjonctures Economiques said yesterday.
      Reuter  -  51 words
    • 35 16 Reuter FRANCE and Iran have reached agreement on repaying a US$l billion loan granted by the late Shah to the French Atonic Energy Commission as part of ban's nuclear power programme.
      Reuter  -  35 words
    • 41 16 Reuter THE GOVERNOR of Egypt's central bank, All Negm, said yesterday that he was hopeful that an agreement with the International Monetary Fund on a standby credit programme for Egypt could be reached in two weeks.
      Reuter  -  41 words
    • 45 16 AP INDIA is expending its Navy in order to control the Indian Ocean, a Pakistani government official said yesterday, adding that the move contradicted Indian claims that New Delhi wanted to establish a zone of peace in the region. AP
      AP  -  45 words
    • 29 16 AP FRENCH officials yesterday declared a state of emergency in the small Pacific islands of Wallis and Futuna and despatched extra police forces. AP
      AP  -  29 words
  • Page 16 Advertisements
    • 67 16 for That fresh Air Of Confidence. Double Amplex capsules, the first double action instant breath freshener. Specially formulated to fight mouth odour caused by smoking, drinking alcohol beverages and eating spicy food. Its outer layer dissolves and releases a powerful odour-fighting compound that neutralises bad breath while the inner core
      67 words
    • 5 16 Tha US actions, Pag* 4
      5 words
    • 94 16 Washington rtnawi plfdgf to Aquino government, Psqi 4 Ramos holds tha kay t Page 7 Choose from Kampachi's exquisite Japanese Set Lunches Japanese Restaurant The lofty prices and unfamiliar assortment of )apanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6
      94 words
  • Page 16 Miscellaneous
    • 31 16 WMKm Outlook: Showers ovtr sovorol oflmnoon Report for 24 hours prior to 7.30pm on Oct 29 ot tho oirHours of sunshino Romfoll in mrilwnot Romfoll this month Roiny dayt this mot
      31 words

  • SHIPPING TIMES
    • 437 17  -  Port likely to maintain double-digit increases By LINDA CHEE THE PORT OF Singapore Authority made further gains in August, with cargo volumes improving by another 10.4 per cent in the first eight months of 1986. Traffic has moved back to higher growth levels compared
      437 words
    • 353 17 Bernama MALAYSIA SHIPYARD and Engineering Sdn Bhd is (Wigging ship* specifically for use in intra-island trade. Its target is the south-west Pacific market. MSE president and chief executive Taib Ibrahim said the vessels would weigh between 1,500 and 2,000 each. He
      Bernama  -  353 words
    • PORTSIDES
      • 72 17 Reuter THE AUSTRALIA to Europe shipping conference said it will lower its currency adjustment factor (CAF) to 10.82 per cent from 14.82, effective Nov 11. The CAF applies to shipments of general and refrigerated cargo unless specifically excluded by separate negotiations, such as in the case of
        Reuter  -  72 words
      • 107 17 UPI A PANAMANIAN FREIGHTER with a crew of 18 aboard collided with a small Japanese vessel off western Japan on Tuesday but there were no reports of casualties, the Maritime Safety Agency said. The collision between the 8,571-ton Asian Plutus of Panamanian registry and the 199-ton
        UPI  -  107 words
      • 100 17 Seatrade Week SHIP SCRAPPING In Japan is set to mark a record high of nearly two million grt this year, according to estimates from the Japanese Ministry of Transport. In the first six months of this year Japanese owners scrapped 1.31 million grt, of which tankers
        Seatrade Week  -  100 words
    • 1067 18 GRAIN and iron ore voyage fixing accounted for the mainstream of a moderate day's business on Tuesday on the London shipping freight market, which revealed no significant change in established rate patterns. Most of the grain traffic emanated from North America, where steadiness was demonstrated by Bunge's payment
      1,067 words
    • 389 18  -  -By Kingsley Wood ANL faced one of the most challenging years in its history with the world awash with surplus shipping, sluggish trade volumes and competitive freight rates, Transport Minister Peter Morris said at a Sydney function marking the line's 30th anniversary.
      389 words
    • 188 18 Reuter ARABIAN GULF foreign ministers have drawn up an agenda for next week's Gulf Cooperation Council (GCC) summit which focuses on threats to the alliance posed by terrorism and the Iran-Iraq war. The Emirates news agency Warn said ministers of the
      Reuter  -  188 words
    • 358 18 UPI THE US DEFENCE Department has lifted Its suspension of a subsidiary of Litton Industries Inc tram bidding on government contracts following the company's agreement to correct past business abuses. The Pentagon suspended the shipbuilding Arm on July 15 after one of
      UPI  -  358 words
    • 170 18 Fairplay UNDERWRITERS of cargo insurance may have to consider increasing rates for sendings on some of the new generation of container vessels, says London company market underwriter Geoffrey Merriman. Mr Merriman who has just been made an honorary member of the
      Fairplay  -  170 words
    • 701 18 AB Shpg V 5 Accord Shpg VI 3 AMtrons VI 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 APL 1 2/3 ASCL M 1 Bott-Cooada Line VI 4/5 Bait-Orient Line VI 4/5 Bank Lin* V 5 BBS 1 4/5 Ben Line Cont V
      701 words
    • 198 18 Lloyd's List CUNARD may reflag its two luxury Sea Goddess cruise ships to the Bahamas as an initial step towards cutting their losses. The Sea Goddess land See Goddess n, taken by Cunard on 12-year charters in a US$5O million rescue package,
      Lloyd's List  -  198 words
    • 128 18 Reuter A TOTAL of 3,411 ships with a combined capacity of 30.1 million nrt arrived in Hongkong In the second quarter, np by MS ships and 4.7 per cent in tonnage over the first quarter. Compared with the second quarter of 1985, there was an
      Reuter  -  128 words
    • 175 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUBTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 170 19 AP THE KUWAITI NAVY ended two days of military exercises today in the country's southern territorial waters. The area was closed to commercial shipping during the exercise. The manoeuvres are being conducted with live ammunition east of Umm Al-Maradem island, 90 km
      AP  -  170 words
    • 446 19 Reuter THE BAHRAIN-BASED Arab Shipping and Repair Yard (Asry), hit by falling oil prices and attacks on vessels in the Gulf, is looking to an increase in repairs of small cargo vessels to help cut losses this year. "The figures for
      Reuter  -  446 words
    • 364 19 THE NEW ZEALAND Shipping Corporation is expecting a NZ$lOO million capital injection from the government (or debt restructuring which would help in establishing a more satisfactory debt-equity base. Managing director Charles Speight says the government has recognised the seriousness of the corporation's
      364 words
    • 208 19 THE NATIONAL Union of Seamen of UK has launched a campaign to save Job* in its hardpressed offshore oil and gas industry. The union says unless the government takes positive steps to stabilise oil prices and plan oil and
      208 words
    • 171 19 SHIP SUPPLIERS are trying to forestall moves to erode their right to arrest ships for non-payment of debts. Their efforts come Just weeks before an inter-governmental review of ship finance conventions in Geneva in December. At this meeting the International
      171 words
    • 249 19 The above information is compiled from data provided by the Singapore National Shipper's Council Australia Oct 21 Sydney Normal operation. Melbourne Normal operation. Brisbane Normal operation. k Bangladesh Oct 21 Chalna 20 vessels operating; Chittagong 20 vessels operating. Cameroon Oct 21 Douala Normal operation. Morocco Oct 21 Casablanca
      The above information is compiled from data provided by the Singapore National Shipper's Council  -  249 words
    • 200 19 THE FREMANTLE School of Maritime Studies is training the ratings who will man the Pacific patrol boats which Australia is giving to a number of South Pacific nations. Eight of the boats, worth more than As2o mil- lion, are being built by Australian Shipbuilding
      200 words
    • 7669 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      7,669 words
    • 742 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Charlotte Ms 8615 30.10 86 1800 Maersk F2 0900-1000 B7 Frankfurt E 31/480 30.10.86 1800 Segani F5A 0900-1000/0800-0900 G1/J1 Or Minister 27 30.10.86 2359 Jardtne F5A 1400-1600
      742 words
    • 1692 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—• A Tom Eotorprao* Pto Ltd Some (S). AB Shippwg Bousteod Shpg Agondss. Afoo Ljm African Shpg Agencies <S> AMonkiol Later Kim Shpg (S). Alfred C Toopfor Ocoonus Shipping Agencies (S) Multiport Sdn Bhd (PK).
      1,692 words
    • 129 26 TnH w#MOy rtpon m pftptfto Dy vtrnM rtiroifum otnncm, London. THb InloniMlion. mMmun and maxknum Isvslb. is baawd on Hmilßd samplss from motor voooolb awotyßod In its laboraftariaa. Mora oomiji shßtißivs fual quality intoiwwUpn la paaiad la parllclpam In tha Varttaa fual qasMty tooting pro- Ana/Port
      129 words
    • 546 26 AT CONVENTIONAL WHARVES VmmI DOfTn Agent Arrival Doportwro KEPPEL WHARVES Adair r,nd«i renyw Heemskergrocht Hosai Maru Koto Anakasa Equator 5 Far't Vanguard Fengloo 1 Yermoshkin Lianhuashan Podfk Violet Poj^S»ar Qii^tcchtog Sawu Shun-Et-Maru Mnrif JITI rwnot Strait* Pride Str Venture Trans Fjord K15 K18 K33 K20 K31 <22
      546 words
  • Page 17 Advertisements
    • 443 17 Concise Comprehensive Contemporary MOMIMV ll FEDERAL OOCL OpnOmgM&itoilME WW/ [^3 Jardines NORTH AMFRICA ATLANTIC FXPRFSS (ROUND M #ORt D ROUTING KMM SMVME AfIOMXS <*a|. IM 2421M/OOK) 200 Cantonment to* #12« S«»Wt Smpport 0200 Ttf *****11 TCLEX NO IS 2*179 TCTMMI/CES 3200 211 TO 220 HOKMGS 3200 234 TO 235 artarnTßi..
      443 words
    • 74 17 mm ANL FACES one of the most challenging years in its history with the world awash with surplus shipping, sluggish trode volumes and competitive freight rates. Pag« II THE BAHRAIN-BASED Arab Shipping and Repair Yord is looking to on increase in repoirs of small cargo vessels to help cut losses
      74 words
    • 558 17 Vf THE HEART OFTHE >T;TTrT«TTI MAERSK LINE 'ri' :VJ rn i L'l'i' w i fj; iJ i i.i SINGAPORE/FEUXBTOWE SINGAPORE/SOUTHAMPTON 19 DAYS 19 DAYS 21 DAYS 21 DAYS 22 DAYS •Sapport CMat Hn •Of 4/U 4744 MB CO VII TIM MB Voy I S pore ■12 «/U ■12 U/U ■12
      558 words

  • Page 18 Advertisements
    • 329 18 V C T TTVTK 1 YAMASHITA-SHINNIHON LINE W ekje mJ m w*j trams-raofic services Pacific South Wml I Pacific North Woat I Atlantic/Canada Faadar at Kao I Faador at Kao I Faadar at Kao T\ I iT~,a immm irTimm I'A'TT [T FT""— rm FT I'l'l J1 "im— KW rmu ui'Mii
      329 words
    • 271 18 TTT~7 Supercarrier Service CONTAINER SERVICE I' Jl tet 4 Oct 31 tev 13 Nm IS Nx It Hn 14 tov 23 tov Mm 22 Mm I* Ok I he 3 Ok 12 OK J OK IS OK 17 AGENTS BARBER WILHELMSEN AGENCIES PTE. LTD. SMGAPORE *****77 OUTWARD FIT ENQURES/BKGS *****50
      271 words

  • Page 19 Advertisements
    • 965 19 The Straits Steamship Group Mansfield Container Shipping PteLtd STRAITS SHIPPING Singapore to Sibah, Swiwik, Bnmii Ports and Bangkok QCC Ovaraaaa Containars Limited M-'.".I 1 m i--i r.vai.ii je .fmai S>n Ua| M/ll M/U U/U 13/U m/u a/u m/u a/u M/U M/ 12 12/U 14/12 I>/12 21/12 as/i 2 21/12 M/l
      965 words
    • 627 19 Franco Belgian Services l/l L I ,rt I (MEMBER Of- ACE CONSORTIUM) STOK PALME L« Ham rtmm Fttan Naa rttm M CMM CtMMB UM (77 Od) 17 11m II Mm IS Mr 22 Hat 23 Mm 25 Mw KOKM CHMCt OMJfTHi CMEF HhKMRn) Mln 2)ki 2(hi »llr Xk> fihc SKI
      627 words

  • Page 20 Advertisements
    • 367 20 <100 Years Liner Shipping Far East 1886-1986 TO CONTINENT UK EXPORTS FROM N. CONTINENT &UK IMPORTS irtoi nwMUM L#»nff rt» I'm SM SM SM M Car*a In SU M 9tf M My* l*T M W JU W SW n S>r* INK a/io 30/10 9/11 9/11 9/U 11/11 15/11 o*,B* K
      367 words
    • 555 20 FULLY CONTAINS TO EUROPE VIA SUEZ ut thf A(l> Como^^ OMENTU CHB SIN KOKiM MCtJM 3Mf NEPTUNE COYST* 37* KOKM CHANCE tVK A Mpriher ol the Ace Consortium SUEZ FROM I 'JROPE VIA Mill* CONIAINiRIStO 10 fPOM NORIH AMIHIi'A AIM CnASI nw/wno *sm u KCH itt/T HKKfOBTf «/U IVII 1/12
      555 words
    • 377 20 Hai Sun Hup Co (Pte) I td TEL *****06 (20 Lines) TLX RS ***** ARS ***** fc. I \s| I K\ \K I I\ 1 R III) STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS J ORANGE BREEZE SOU MCEBH SEKI NAGOTA SOU KOCH Loadmf at appropriated Berth
      377 words
    • 936 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) H IMT MB I M mm. <I-MB fIBBI Jka mi irwc Ml oar not oua no ouw IKB 6FID no sow* no l MUSK ALSO UXBWt eoncauK. u LOMXM. SOUTH* *Nrt ii/n 11/11 a/u a/u 24/11 a/u vu
      936 words

  • Page 21 Advertisements
    • 709 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VOY M 47 ifl'rr! 1/11 4/11 BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE IT, RED SEA/EAST AND WEST AFRICA SERVICE BANGKOK SERVICE INDONESIA SERVICE VESSEL KOTA BERKAT VOYAGE SINGAPORE
      709 words
    • 817 21 BLC BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO UK/COMTMENT •SSP YESSEiS EXPRESS CONTJUNER SERVICE FROM UK/COKTWEWT HAM B-WKMI-DMI HAMS STON P JOANS STOK f® Fr»*hrt [iprni SJM UM S*M M S*M 21/10 39/19 MS. TUN B*T MUM SM SjM SJM 4/11 l/U MS. TWN TMr* BIT UM SjM UM SJM
      817 words
    • 344 21 DJASAGETRI A Joint Europe Service Of: FT. DJAKARTA LLOYD P.T. GESURI LLOYI P.T. SAMBQIA IHMHEStA P.T. TVKOM LLf EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE VltIM 54/U 34/U SMMMYI Vim S/U ft/12 KUTM VIMS 24-2J/U 21/12 AMM/TOMI KMC 3/12 C/ 12 «/12 12/12 24/U 21/12 IE DJAKARTA LLOYD INDONESIAN NATIONAL
      344 words
    • 436 21 BOUSTEAD SHIPPING AGENCIES m BURMA FIVE STM Loadnf for Romoon Spare Plata* k Port/31 Oct P. tefa* 31/31 Oct V* BANK LINE NWnffMf TOMKC *0* IVYBAMK VI7N 10/11 FORTMMK VI7N 11/11 TOANA MUGM V 2 19/12 TAUSALA SAMOA VI 6/12 MORAYBANK V2N 25/12 10/11 7/ 11/11 5/ 19/12 13/ 6/12
      436 words

  • Page 22 Advertisements
    • 1442 22 Qi K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FEHXt V& MOTtCR V5l i ma ho tbm swtt me pug 25 Oct 30 Oct 31 Oct SPOH KOH 2 No. 21 No GUATAQUt CAUAO MHCA IQUQUI Af AGASTA S ANTOIRO VAIPARAISO 6Dk 29 D« IS OK 1« 0« 17 DK 1»0"
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    • 750 22 S3 C# <2 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers (••edet P H«ianc inw Vtss* Spo'c Mr*b Fiern Sfdn Also Accepts CHANOOAS V 2? 6 No. 22 No. 1 Dei 29 No. AW Brrs {SHCItPUR V 8 4 No. AABIPOAS *31 19 No. 60k14 Ok I? Ok Ad* Bm IAUBAR
      750 words
    • 771 22 GOLDEN LINE 6% GUAN GUAN SHPPWG (PTE) LID 73. W «r» smt T* T 4 srnurm tm m ssajms (M udi STRAITS/PERSIAN GULF SERVICE: s «*«N MftN Colombo *.**<* GOIHN KM Shiofftj. Whimpao J/» COIOIN noma Cotombo *<'*> Dub* Bab'«n Kltt Nn CHMA OCEAN SWUNG CO., PEKMG THE PEOPLE'S REPUBLIC
      771 words
    • 344 22 INTRASEA (PTE) LTD lO Anson Road »27 16 P'a2t* Singapore 0207 T«»l *****1 1 L'nest <► BREAKBULK SERVICE TO EUROPE/UK NOMMN QUEEN HMI23 FUKA 88K924 11/11 (/ll 2/11 ROT/AWT/BELFAST/UK (AW JEDOM mSb* i *****1 7mm cisisi/2 PHIL 11 RON SHIPPING AGfNCIIS PTF I ID I PHIL I-OR If Nf LINES
      344 words

  • Page 23 Advertisements
    • 658 23 NEPTUNE ORIENT LINES LTD K5" NET TIM AGENCCS PTE LID. fl EU/MBI TPA/SU InW Of KXKMGS 771*77 *****53 *****4? 2712*22 *****53 *****47 0* OKCT IMS *****1) *****16 27*111 NEPUNE SDN. BHD. 3689U7/3U8545/*****53/*****26 POIME SON. BHD. *****71/*****34/*****35 KPlflf SON M>. *****9/*****5/*****8/627M1/*****2 Mm *cc*tnt cup h/kn St«*nu 0 C)*F Spare Ctou* flaw:
      658 words
    • 361 23 DONAM HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON M SO MM (IU) 2/11 <OK*.) lb i Dwm/MW U/U 14/11 M/U lb. I Dmn/iMM 1(/U 25/11 */ll lb 7 Dm. MM 1»/11 21/U 21/11 Vl2 7/12 lb Dnai/MW 2/12 5/12 IC/12 4/12 Ik
      361 words
    • 725 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUR.DMG 55. Market Street Sinfapore 0104 Tel: *****33 (15 Lines) Tenwnal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELMG PENMB M/S SHARKAT WW SOON SON. M. IST ANO 2ND FLOOR MESSRS HM THONG SHTTVK
      725 words

  • Page 24 Advertisements
    • 411 24 (fffff REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) SMGAKME 2-2/11 rn IBESI rrm m wm 9-9/11 Tw/Ntd 11-12/11 CO m m Po rn rm Llil m w rain i Tnmiai'if m ?\mm\ ■EZEZEEE EEHEESU [2E*****1! [2C3QEBI] tHi.'iffinni C*****E2E [2521E52E E53E***** I2E3K2E THAILAND llMl 11LMI lIW g?CTI IL3 t/al
      411 words
  • Page 24 Miscellaneous
    • 175 24 »s 77 i Weather *5 4T 1 m u m !t 21 *v« N» >5C 3? 5 «*> 3055 lit? SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. fP tl j Temperature °p A\ ■X hundersform Weather V Wind Erection with speed m knots V Shower Roin Wave
      175 words

  • Page 25 Advertisements
    • 87 25 242S0SS/*****56/*****45/*****93 *****11/4 TERMUL 36SS3S1/2 *****2/(*****/*****4/(***** *****3/*****5/*****1/*****0 22tMI/22U6</222t35 FAR EAST/EUROPE CONTAINER SERVICE rmirfTTTTimilllimiElUClßEll (miiTTMBMffTMHTTII' QUI Llf EU IrmrrrMmrTTTTTyyTiQ-i BETj^mEZll lyrni'itTiTTTTT-rTi JnnßiEHJEmoil BirrirTTTnMnsMESTiQjBIiTTIEEMEII if"./ 1 wmrTTarx^TT—fTTTirnnTTy wrTT^TTTirnT»inn| ii ■mm n'./' ■unrriTa nf ■rtngTT»g n tmifTTf j g ■□max [I TTirTTIB am® nana S E A AUSTRALIA CONTAINER SERVICE W;k±lW. ix j~^r^p..TTTTTTM[g];^BCIJiIIIMI2aiiimiIII]MB^WEEa LX
      87 words
    • 175 25 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: rrm in kelmk MV SOUTHCATI vai LOOSOKCCMT VO-3 •Abo loading from Indonesian Ml IB 15/11 20/11 1/12 6/12 TT Rott/Antw/ UK (T<)/ Sete/Nantes Rott/Artw/ UK (Tl)/ Sett/ Apnts: SINGAPORE: CALICO SHIPPING PTE LTD Ttfc*****66 Tlx: RS ***** CALICO FAX: *****71 PORT
      175 words
    • 134 25 MN CONTAINER LINE AUST/N2 SERVICE rJUJUK STORE SYD MELB 29/11 31/11 21/11 24/11 ALSO ACCEPTORS TIBER; LCL/FCL TO:BOMBAY DURBAN CAPETOWN PORT LOUIS V.V Bookings: MAC-NELS AGENCIES PTE. LTD. *****4 (20 Lines) MAC-NELS (MALAYSIA) SDN BHD. P. Keiang T«i: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. PqnanQ Tat: (04) *****6. *****2 Scan Dutch
      134 words

  • Page 26 Advertisements
    • 100 26 MB CJMM KST COttT M-12/12 15-11/12 *123/12 m«imt+ it-is/it »a/M 22-23/» 23-24/1« s-m/m* tan KiMi M-2/ii u/u 3-4/u MM UMM FM MM MO IMM M MCMMK POVTS MKT MMCODIT KM CNQUMS ft BOOKINGS CONTACT: FT. ARMADA EKA LINT AS JAKARTA Dapt Tal Mm MOMQ2/3 Tk Mm ***** A/« At MAD
      100 words
    • 97 26 BOMBAY KARACHI CALCUTTA MADRAS pmjjgSggjjqgSe. EUROPE/B.E.A. BREAKBULK SERVICE mmi pt of Loading Pt. Kiang S pot* D—Unlton c** SMfi 11/11 IVII wu m/U m Nm/M U/12 22/12 IW Mm/M 2/1 «/l M \i,i Mil nt M.irittni*' Tr.in .poil M si.i Siln Hhd S pure 11]i■ 11 1 li.m intf i
      97 words
    • 62 26 a UL-i BAJUMGB EVERY TUESOAY ACCEPTING CAMO t ">M iVf i'st-'Kf SMIW iNt, t! 1 i !!> fe' K S LINE JAPAN STRAITS SE RVICE H SANK V O LINE (S) PTE LTD J, '■<■.•' I 11 I,H Pial.tn f vr-'f >•' <M i, m I. ..V *lu <>' IM
      62 words
    • 365 26 S 1 Vr wj i "is MOL MitsuiOSK Lines Ltd \Wi CONVENTIONAL/SEMI-CONTAINER ALPS MARU 5 Nov Mombasa. Daressalam. Zanzibar. Tanga, Bera. Tamatave NEDLLOYD MOJI 15 Nov Mombasa. Daressalam MARIA BONITA 26 Nov Port Louis. Reunion SUBJECT INDUCEMENT AFRICA'S NO ALTAI MARU 11 Nov P. Noire. Monrovia. Lome+. Cotonou. Tema GOLDEN
      365 words