The Business Times, 5 November 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, NOVEMBER 5, 1985 75 CENTS
    12 words
  • 490 1  -  Businessmen urge Economic Committee to consider tax changes By CHUANG PECK MING A WAY OF UNLOCKING the substantial capital in Singapore through tax changes on venture capital is one of the measures that influential businessmen in Singapore wish to see explored by the Economic Committee.
    490 words
  • 326 1 NEXT WEEK'S government mission to China is likely to be strengthened by the inclusion of two ministers National Development Minister Teh Cheang Wan and Minister of State (Trade and Industry) Briga-dier-General (Res) Lee Hsien Loong. The visit, designed to enhance China and Singapore's
    326 words
  • 488 1  -  By BOEY KIT YIN AGAINST keen competition from other Asian newly industrialised countries, Philips Singapore is being groomed as a potential regional centre (or the Dutch giant's products and services in consumer electronics and domestic appliances. An |84 million automation and upgrading programme
    488 words
  • 94 1 MR GEORGE BOGAARS, the head of the civil service until he stepped down 10 years ago, has been hospitalised after a stroke. Mr Bogaars, who is now paralysed from the neck down and unable to talk, was admitted to the Singapore General Hospital last week.
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  • Article, Illustration
    90 1 THE SINGAPORE sleek market cleeed l#wcr yesterday bet ssme late bayteg te pace Isaacs. While Malayaiaa stocks ceattaaed to be weak, Siagapere stocks, especially these with trastee states, fsaad favsar ameag Investors aai were well sapparte*. With yesterday's (all, aaalysts are sayteg that the market to eaee agate
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  • 353 1 MALAYSIAN Finance Minister Daim Zainuddin yesterday called for a study to develop a form of social security system which covers non-salaried workers such as agricultural farmers and the self-employed. He said that besides providing security to a wider group in society, more extensive coverage
    353 words
  • 115 1 Reuter PHILIPPINE President Marcos said yesterday that be was calling an early presidential election because his country needed more cash to prop up its sick economy and to bankroll its fight against communist rebels. His announcement of a Jan 17 election, 18 months before
    Reuter  -  115 words
  • 536 1  -  By CHAN OI CHEE THE NUMBER of shares in Singapore Airlines to be offered to the public in Singapore and abroad on Nov 16 has been provisionally finalised at 100 million at a price of $5 each. Half of the
    536 words
  • 99 1 A BT REPORT last Friday (Nov 1) on investment outlets for Central Provident Fund savings stated that "CPF members with more than $30,000 in the Ordinary and Special accounts will be allowed to invest up to 10 per cent of the excess or the actual excess
    99 words
  • Page 1 Advertisements
    • 105 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM (USA) Bar Sinks add colour and i VLii WiW toyour leisure living Gibson in Parchment New, complementing Kohler bar sink makes entertaining more fun and easier! Fashioned from durable acrylic, it is stain resistant, impact resistant and lightweight. And cleaning is definitely neater and
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    • 280 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT CROSSWORDS TV A RADIO DOONESBURY BRISTOW OUR VIEW THERE HAS BEEN a lot of talk about retraining retrenched workers, but, so far, little action. The Skills Development Fund Council's pronouncement won't necessarily lead to action either, although it soid it would consider
      280 words
    • 6 1 *(,@.|=*;%%*@/<]_*+\=\>"*)}%:&= Opposition prcpim for poll, Pago 5
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    • 176 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM OW BIA for invMtnMnt vakM, P«m 17 Introducing Hongkongßank's Statement Savings Account. o'Tl.t VS ♦,>£ <2S* I ,■#*< < #*****1 mdtAXi} With just this card, saving is now easier than ever!' Enjoy all the benefits of our Savings Account, without the necessity for a
      176 words

  • HOME NEWS
    • 469 2  -  By YAP BOH HOON THE MASSIVE Ministry of Education project to computerise 382 school administrations is expected to get underway next year with a recent closure of a tender for the hardware. The School Link computerisation project is estimated to cost $14 million to
      469 words
    • 192 2  -  By SHAHRIR ARIFF SALES AND ORDERS worth about $9 million were clinched at the recent Fourth Singapore International Furniture Show. In addition, inquiries which could lead to a further $2.5 million worth of business were received, according to organisers Singapore Manufacturers' Association (SMA) and the
      192 words
    • 165 2 MOBIL HAS SET UP a subsidiary in Singapore to handle the oil and petroleum product trading needs of several companies in the group. Mobil Far East Ltd Singapore branch will serve Mobil Trading and Supply Ltd (UK), Mobil International Trading Company (US) and Mobil Sales and
      165 words
    • Article, Illustration
      271 2 AN AUSTRALIAN boatbuilding company, Leeder Bmt («mpuy Pty Ltd, is seeking agents for its range of fibreglass pleasure craft. Its craft is geared mainly for pleasure and can be custom-built and outfitted for specific requirements. The company's managing director, Jay Piesse, said they have been making the craft-
      271 words
    • 204 3 A CONSORTIUM of local electronics companies has returned from China with an initial agreement to undertake projects worth at least US$l5 million (5131.88 million) under joint venture with the China Electronics Imports and Exports Corporation (CEIEC). Yidian Technology Pte Ltd, the local electronics consortium,
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    • 484 3  -  «y ELAINE KOH SINGAPORE BUSINESSMEN could have an edge in the Chinese market if they focus on selling services and management skills to the 400,000 existing enterprises in the next few years. China does not need more capital investment, domestic or foreign, but higher
      484 words
    • 279 3 CHINA'S marketing of Its crude oil has been given as an example of its trade strategy to use Singapore as its "marketplace" by Mr Lee Ying Cheun, the deputy chief executive officer of the Trade Development Board. "The refined products are sold within the region. Not
      279 words
    • 456 3 Seminars and courses DURATION TITLE VENUE ORGANISER Nov 5 Data Management An Institute of Institute of Appreciation Systems Science Systems Science Nov 7-8 Statements of Auditing Novotel Orchid Singapore Society Guideline (SAG 1-13, Inn of Accountants 17-20) Nov 8 SchuNer Seminar Meridien Hotel Tronsforma Pte Ltd Nov 8 Credit
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    • 189 3 THE INTERNATIONAL president of the International Y's Men's Club, Dr Joseph Anderson, is visiting Singapore during his tour of Asian clubs this month. Dr Anderson will be meeting Y's men from the Singapore Beta Chapter and leaders of the Young Men's Christian Association during
      189 words
    • 445 3  -  By MONICA GWEE SINGAPORE will enjoy wide press coverage among top Chinese officials for three months through special supplements aimed at promoting investments with China. The International Trade News (ITN), a business newspaper published in Chinese by the Beijing-based International Trade Research Institute,
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    • 568 4  - Sold lock, stock, barrel and gate at MHI's auction By RICHARD SEAH SMALL BUSINESSMEN dominated an auction of shipyard equipment and stores which began at Mitsubishi Singapore Heavy Industries yesterday. As such, five jib cranes were among the few items left unsold after about 11 hours of auctioning. Still, about
      568 words
    • 217 4 A FINAL-YEAR violin scholar at the Royal College of Music in London, will represent the Republic at the World Philharmonic Orchestra's debut performance next month. Twenty-year-old Chua Lik Wuk is on a scholarship from the Singapore Symphony Orchestra and the Associated Board
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    • 374 4  -  By LEE HAN SHIH ABOUT $145 million was spent last year to improve Singapore's road and expressway network, but no additions were made to the list of historical monuments for preservation. According to the Ministry of National Development's 1984 annual report, released
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    • 351 4 THE NUMBER of 'A' level students seeking admission to the Singapore Polytechnic has continued to fall sharply. Last year, only 231 GCE 'A' level school-leav-ers applied for the Polytechnic's full-time two-year courses, compared with 381 in 1963 and 555 in 1962. Of the
      351 words
    • 128 4 A GUIDELINE on minimum standards of care for the homes of the aged and aged sick, prepared by the Ministry of Community Development, is now available. The booklet sets out the standards of minimum care and cleanliness, including physical facilities such
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  • Page 2 Advertisements
    • 282 2 If you've always been working hard... You deserve a luxurious break. We are here to help you relax and freshen up at the end of a long stressful day. Just walk in and be attended to like a king. Whether you're in for a good workout in our gym, a
      282 words
    • 150 2 DIPLOMA IN INVESTMENT ANALYSIS Applications are invited from candidates who wish to pursue a one-year evening course leading to a Diploma in Investment Analysis to be awarded by the Singapore Securities Research Institute. Diploma Programme Part I Paper I Stock Exchange Practice Paper 2 Interpretation of Company Reports Accounts Paper
      150 words

  • Page 3 Advertisements
    • 88 3 Season of the Hunt November 4 17,1985 Since time immemorial, hunting has been a pleasurable sport in Europe. This pleasure culminates with the celebration and feasting of prized game fare. Taste delectable appetizers, soups and main courses, all prepared from game meats airflown fresh from Europe. For lunch and dinner.
      88 words
    • 372 3 forefront of the electronic revolution as it gains control in the financial world. With the unprecendented fluctuations in commodity prices, interest rates and foreign exchange, information regarding investments, purchases, sales, funding, hedging and a host of other financial decisions can no longer be trusted to the traditional methods of communications.
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  • Page 4 Advertisements
    • 159 4 Qantas. More flights tomore holiday destinations in Australia than anyother airline* Australia, a continent so vast and diverse that it offers a huge range of holidays as different and as magnificent as the landscape itself. Explore the wild North Country on a four wheel drive photographic safari. Fish for gigantic
      159 words
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  • OVERSEAS
    • 355 5 UPI IN A SURPRISE MOVE that spared the French government the embarrassment of a trial, two French agents yesterday pleaded guilty to a reduced charge of manslaughter in the sinking of the Greenpeace protest ship Rainbow Warrior. Major Alain Mafart and Captain Dominique Prieur,
      UPI  -  355 words
    • 180 5 AP PAKISTAN will create more opportunities for foreign investment after military rule ends, said Prime Minister Mohammed Khan Junejo, on Sunday at a meeting with a group of investors and businessmen from Europe. The group is currently in Pakistan under the auspices of the Brussels-based
      AP  -  180 words
    • 208 5 Reuter CHINA ANNOUNCED yesterday a strict ban on most vehicle imports for the next two years to stem a flood of Japanese cars and to preserve its dwindling foreign exchange reserves. The People's Daily quoted a senior economic official as saying that no organisation or enterprise
      Reuter  -  208 words
    • 750 5 ARRIVALS Operator Service Local From number time PAA PA21/5 0255 LAX/TYO/HKG CAL CI341 0255 TPE r CAL CI337 0255 TPE SV SV389 0445 JED/RUH MAS MH60I 0720 KUL MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH811 0940 PEN SIA SQ103 1005
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    • 521 5 AFP PHILIPPINE opposition leaders began meeting yesterday and the ruling party prepared for a caucus this week, following President Ferdinand Marcos's surprise announcement of a plan to hold a snap presidential poll in January, possibly on the 17th. Mr Marcos disclosed the plan late
      AFP  -  521 words
    • 331 6 Reuter KOREAN POLICE stormed the American Chamber of Commerce office in Seoul yesterday, freeing three hostages and arresting 14 students to end a two-hour anti-American, antigovernment protest, police and diplomats said. The hostages, three Korean employees of the chamber, were unharmed, witnesses said. The students,
      Reuter  -  331 words
    • 391 6 Reuter THE HEAD OF Sinn Fein, the political wing of the guerilla Irish Republican Army (IRA), was reported to have told its annual congress on Sunday that there were plans to ban the organisation as part of an AngloIrish deal. According to conference sources,
      Reuter  -  391 words
    • 203 6 UPI A BILL before Congress would grant a patent to Joseph Westley Newman for a "revolutionary energy machine" the inventor from the Mississippi Backwoods claims will eliminate home utility bills forever. As if that were not enough, Mr Newman insists his contraption will
      UPI  -  203 words
    • 79 6 Reuter THE NATIONAL Association of Purchasing Management (NAPM) composite index rose to 51.7 per cent in October from 51 per cent In September. An NAPM monthly bulletin, released in New York yesterday, said it was the second consecutive month that the index had surpassed 50 per
      Reuter  -  79 words
    • 224 6 Reuter COFFEE TREES are now flourishing in the hills above Chiang Mai in northern Thailand where a few years ago opium poppies blossomed. Chang Khian, a village of Hmong tribesmen nestling 1,200 metres up in misty valleys, has taken part in a government programme to substitute
      Reuter  -  224 words
    • 235 6 Reuter ARGENTINA'S unique anti-in-flation programme will be inspected on the spot by three of the world's foremost economists this month. The visitors Nobel economics laureate Franco Modigliani, US Federal Reserve Board chairman Paul Volcker and Professor John Kenneth Galbraith will arrive after the programme
      Reuter  -  235 words
    • 99 6 AFP JAPANESE computer engineers and programmers are overworked, doing without holidays and clocking up an average 45.7 hours' overtime a month. The figures were based on a survey of 3,280 computer engineers, programmers and operators carried out by the 586,000-member Japan Federation of Electric Machine Workers'
      AFP  -  99 words
  • Page 5 Advertisements
    • 8 5 Pan Am's 747 SP Easiest Daily to New^fork.
      8 words
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  • Page 6 Advertisements
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  • Page 6 Miscellaneous
    • 39 6 ISN'T IT JUST PERFECT, MICHAEL? IDONT knouj. ue HAVENTB6BN ABLETOSEE HALf THE ROOMS. BY GARRY TRUDEAU VA !l CO 1 B I AM. I'M mI NO TO IMAGINE IT WITH A ROOF. I CAN SPEAKTOTHE LANDLORD ABOt/TTHAT. m ft
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  • WORLD BACKGROUND
    • 927 7 It is not for lack of ideas that Europe lost its way in high technology. European scientists did the ground level research that led to such breakthroughs as the VCR and fibre optics. It is also not for lack of demand...
      Reuter  -  927 words
    • 1064 7  -  By ASAD LATIF UNITED ARAB Emirates Oil Minister Mana Said al-Oteiba is a man who is known for his frankness. But he has, for the past 14 years, represented his country at an organisation which has tried to keep the realities of the market at bay
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  • Page 7 Advertisements
    • 281 7 mk > Treasure LupchM I Ap'fX2 Double your lunchtime pleasure when you and your lunch partner (or guest) partake of our magnificent 5-course Chinese meals at the Inn of Happiness For only $25* for two people, our Twin-Treasure Set Lunch Menu (including soup meat, vegetable dishes and dessert with complimentary
      281 words
    • 167 7 Hongkongßank opens the door to business opportunities in China. I longkongßanksChina Desk can help you make inroads into China. Our special tks and business connections with that country are more than a centurv old. And. in more recent times. we've assisted in the development of more than 2<Ki projects in
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  • MONEY AND EXCHANGES
    • 239 8 Beraama BANK NEGARA has injected M 52.5 billion into the banking system for the first 10 months of this year to ease the liquidity situation and to soften interest rates. But in doing this "balancing act", it has to be cautious of not
      Beraama  -  239 words
    • 81 8 Reuter BANK NEGARA yesterday said it sold Msloo million of 91-day Treasury bills at an average rate of 4.248 per cent, down from 4.400 last week. It also sold $50 million of 182-day bills at 4.503 per cent, down from 4.669 at the previous sale. Applications
      Reuter  -  81 words
    • 170 8 Reuter NATIONAL Australia Bank Ltd said it would lift both elements of its split prime rate by 0.25 percentage points, effective today. Its benchmark rate, linked to marginal movements in short-term cost of funds, will rise to 18.5 per cent from 18.25
      Reuter  -  170 words
    • Article, Illustration
      678 8 SINGAPORE THE US DOLLAR yesterday closed easier against most major currencies in moderate trading. It closed weaker at 207.35/50 yen compared with New York's Friday 208.50/60 close. It closed lower at 2.5925/35 marks compared with New York's Friday 2.5940/55 close and at 2.1270/80 Swiss francs against 2.1275/95. Sterling
      678 words
    • 327 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at slightly firmer than opening levels in quiet afternoon trading, dealers said. Periods firmed between 1/16 and 3/16 point at the outset following news of a surprising 414,000 increase in US non-farm payroll employment in October. Thereafter rates were unchanged with
      327 words
    • 242 8 Interbank rates at 3pm yesterday: Md Offer c ton parity change Local dollar* to on* unit of foreign currency US dolor 2 1170 2 1180 2 8196 -2492 Sterling pound ***** 3 0594 7 3469 -5841 Australian dolor 1 4490 1 4518 ***** -5774 NZ dolor 1 2278
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    • 215 8 HONGKONG: GOLD yesterday closed easier in (airly quiet trading in the absence of fresh factors, dealers said. They said despite the easier tone of the US dollar the metal failed to attract traders, many of whom have left the gold market temporarily in favour of foreign exchange business, dealers
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    • 345 8 BA Futures EURODOLLAR futures yesterday opened lower than Friday's close in Simex and eased lower as traders turned cautious on the better than expected non-farm payroll employment figure. The December contract was locked within the range of 92.10 and 92.06 after opening at 92.09. The overpriced futures market in
      BA Futures  -  345 words
    • 109 8 THE OVERNIGHT rate on the Singapore interbank money market remained unchanged from Friday to close at 4Vi per cent yesterday. The one-month term rate fell by 1/16 point while the two-month rate rose by 1/16 point. The three-month rate remained unchanged. S$ Interbank rates at 3pm yesterday: OH»»
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  • Page 8 Advertisements
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  • BANKING AND FINANCE
    • 576 9 Reuter THE BASIC THRUST of US monetary policy will remain accommodative, but anyone betting that today's meeting of the policy-making Federal Open Market Committee will vote for a quick discount rate cut is likely to be disappointed. Money market economists in New York said
      Reuter  -  576 words
    • 668 9  -  Sang Kancil is BT's financial futures trader. DAVID GABRIEL each Tuesday traces the tactics and strategies of Sang Kancil on Simex. The starting capital was 5525,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL SANG KANCIL made a
      668 words
    • 226 9 UPI MORE THAN ONE-THIRD of the registered financial corporations operating in Australia are now for-eign-owned. Figures released yesterday by the Bureau of Statistics for 1964 put the total foreign ownership of the value of assets of registered financial corporations at 35.9 per cent. British-controlled financial
      UPI  -  226 words
    • 154 9 AFP JARDINE FLEMING Holdings Ltd opened an office in Taipei yesterday as the first foreign company to be granted an investment adviser's licence in Taiwan. The new company, Jardine Fleming Taiwan Ltd, was approved by the Finance Ministry's Securities and Exchange Commission, the Ministry
      AFP  -  154 words
    • 75 9 Reuter BANK WORKERS returned to work yesterday after a week-long strike over pay which closed about two thirds of New Zealand's trading banks, a union spokeswoman said. The Bank Officers' Union voted early yesterday to go back to work to allow compulsory arbitration meetings to be
      Reuter  -  75 words
    • 547 9 Reuter THE WEST GERMAN bond market should trade more steadily and prices consolidate to some extent after the ups and downs and hectic business of last week, according to commercial bank syndication and secondary market sources. Prospects are good that the dollar will
      Reuter  -  547 words
    • 179 9 A DELEGATION of 38 Danish bankers has left Singapore after an on-the-spot study of local business conditions and investment openings for Danish investments here. They are from the Association of Danish Provincial Banks, which are small and mediumsize banks outside Copenhagen, the Danish capital. These banks
      179 words
  • Page 9 Advertisements
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    • 288 9 Singapore &00 am Daily Los Angaes 11.35 am (Same Day) f Singapore 800 am Daily Honolulu 8.25 am g _t y MM* (Same Day) With daily flights, Pan Am makes flying to Los Angeles and Honolulu convenient and comfortable for business travellers. And if your destination is onward to interior
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  • FEATURES
    • 509 10 TRAINING IS A WORD too often mentioned when the plight of retrenched workers is discussed. It is easy enough to say that workers need training to find new jobs, but harder to train them. So retrenched workers find themselves in a fix. Their former
      509 words
    • 1713 10  -  The social security systems adopted by developing and developed countries differ in form and results. On the whole, the developing countries appear less dependent on state welfarism, note two economists from the National University of Singapore. Economics Correspondent ZHOU MEI reports on their study. ZHOU
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  • Page 10 Advertisements
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    • 11 10 Training improves your chances Let BT show you how every Wednesday.
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  • Page 10 Miscellaneous
    • 735 10 CRYPTIC PUZZLE ACROSS 3 A walker with spirit (5) 8 Played with a little model man (5) 10 It refreshed some teams during the war (5) 11 Bod little boy? (3) 12 Fear of a god, I see (5) 13 Pretend to be discerning P (4, 3) 15 Works on
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  • SPORTS
    • 1007 11  -  By BRIAN MILLER GIVE AN Australian half a chance and he'll down a keg of grog. But come the first Tuesday in November, he needs no excuses. For the last 124 years, this day has been set aside for partying. A day when the
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    • 461 11 Reuter IVAN LENDL on Sunday night became the man with the golden racket as he majestically proved the number one tennis position is his by rights. Lendl powered his way to US$2OO,OOO in prize money and a fabulous diamond-encrusted gold racket in the
      Reuter  -  461 words
    • 312 11 SINGAPORE'S SEA Games men's tennis squad is getting a chance for useful practice against China's visiting tennis duo for three nights beginning today at the Singapore Tennis Centre. And to add to the occasion, two junior players from Thailand have agreed to
      312 words
    • 575 11  -  By WALTON MORAIS SINGAPORE'S World Cup golf representatives Lim Kian Tiong and Poh Eng Soon plan to exploit their trip to the competition by playing in the Taiwan circuit on the return journey. Kian Tiong and Eng Soon, down to play
      575 words
    • 350 11 AP ATHLETES from 38 nations at the 23rd World Gymnastics Championships in Montreal were cautioned last Sunday not to hold up an event or try to influence judges by playing to the crowd or to television cameras. Frank Edmonds, the vice-president of the International
      AP  -  350 words
  • Page 11 Miscellaneous
    • 1077 11 to (md mm 7 m The Big Red Om another Big Red Cloud The Big Red One 10.30 pm, Channel 5 Another of those action-packed war or war related movies that seem to be in such great demand these days. One wonders whether killing has been turned into an art
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    • 98 11 Play golf the Sevvy way you mu*T BE AM##* AT THE TAAGET OH AAAMtn TO THE OWE v \«*ttM THE BALL TO THf 7AAGET WITH THE &HOULPEAS TOO. tT HELAS TO S77VTT PAOM BEHm/O THE BALL. ANPTO /mac***: a line the ball to the TAAGET THEN you TAME UP YOU*
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  • INTERNATIONAL COMPANY NEWS
    • 891 12 Arbitrageurs believe that it's just a matter of time Reuter RUMOUR HAS IT that CBS Inc, weakened by its successful duel with Ted Turner, may once again be the takeover target of an unwanted suitor. Some analysts doubt the barrage of takeover rumours that
      Reuter  -  891 words
    • 417 12 Reuter FIAT, ITALY'S biggest car manufacturer and largest private industrial company, is planning to expand into high-technology over the nert decade, but company officials say it is still looking for a partner for its car division following the recent collapse of talks with
      Reuter  -  417 words
    • 181 12 PANTRY PRIDE Inc has started consolidating its ownership of Revlon Inc, as lawyers for the two companies discussed an orderly transfer of control following Pantry Pride's victory last Friday in the threemonth takeover battle. Sources close to Pantry Pride said Revlon shareholders had tendered
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    • 938 12 SHARES yesterday opened mostly firm, helped by Friday's sharp rise on Wall Street to record highs, dealers said. At 0945 GMT, the FTSE 100 share was up 3.6 at 1382.6, but slightly below Friday's all-time high of 1383.1. Glaxo advanced 15p to £15 and ICI rose lOp to
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  • Page 12 Advertisements
    • 544 12 m 4 SK <S»* CSvVj Specialized in: HONG KONG DIAN XIN CANTONESE CUISINE Business Hours: 11.00 am 2.30pm (Sundays Public Holidays: B.ooam 2.30pm) Dinner: 7.00pm 10.30pm PRESIDENT MERLIN HOTEL 181, Kitchener Road, 1 Singapore 0820. Tel: *****22. 2 M i i Form rotted and grainfed, this Is an uncommon variety
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    • 175 12 vl* w at t^ngChfcnglAi Teochcw Restaurant Come to the best Teochew restaurant in town for a really special Buffet Luncheon. Choose from 60 scrumptious dishes for just 18++ per person (minimum of 2 persons at a table). I|hK For 2 persons 3 dishes with rice/ 1-1 porridge and dessert for
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  • ASIAN STOCKS
    • 457 13 HONGKONG: Share prices closed firmer yesterday in active trading on substantial buying orders from institutional and small investors. Brokers said the strong buying interest took the Hang Seng Index above the 1,700 level for the fourth time this year, rising 21.54 to close at 1,702.19. This brought it very
      457 words
    • 221 13 NOV 04 Al Sincere InAis Asto Cement NT 2 85 21 00 24 20 -0 14 -06 -03 Lien Hwa Indus Nan Ya Ptas Pacific Cons Pocrfic Elect Wire 1315 27 00 15 20 1340 -0 95 0 1 -0.7 ■0 45 Chang Hwo Bank 45 60 17 10
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    • 378 13 SYDNEY: Australian share markets staged a strong recovery, buoyed by bargain hunting after Friday's sharp decline. Brokers said the market was oversold on Friday on fears that Opec had collapsed, and yesterday saw the re-emergence of buyers. Near the close of trading, the All Ordinaries Index had added 9.2
      378 words
    • 77 13 1 NOV 04 Won Hyundai Const 900 unch Hyundoi Motor 917 3 740 KAL 531 19 Choheung Bk 710 -1 Korea Fnt 754 +8 Commerciot Bk 760 unch Yukong 1295 -II Doekm tnd 560 6 Korea 5h<> 432 2 Doewoo Corp 510 5 Lucky Ltd 665 20 Ooewoo Ind
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    • 153 13 BANGKOK: Bangkok stock prices closed mostly lower in the absence of buying support and trading remained sluggish, brokers said. The Book Club index dropped 0.14 point to 131.75 and turnover fell to 75,564 shares worth 13.0 million baht from 96,618 shares worth 17.0 million baht last Friday. NOV 04
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    • 86 13 MANILA: Share prices closed generally steady in quiet trading, dealers said. The Commercial and Industrial Index fell 2.07 to 176.04, while the mining marker was unchanged at 699.17 and oils were steady at 0.779. NOV 04 ***** Oriental B PMe« B 0 015 unch ***** unch Angk> Phrf 0001
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    • 230 13 FT PLANS for a merger of three major Australian and New Zealand food companies have emerged with the announcement by Fielder Gillespie Davis, an Australian food company, of takeover offers for Australia's Allied Mills and New Zealand's Goodman group. The merged group would be capitalised
      FT  -  230 words
    • 54 13 Reuter FUJIAN Investment Enterprises Corp plans a 10 billion yen bond issue in Japan at the end of the month, with the Bank of Tokyo as lead manager. The coupon and maturity had not been decided although the issue would probably mature in five years. Reuter Tho Tokyo
      Reuter  -  54 words
    • 477 13 Reuter FOREIGN and Japanese brokerage houses are battling fiercely for 10 new seats offered on the Tokyo Stock Exchange (TSE) which they hope will bring high prestige and profits. An exchange official said 10 US and British firms and eight Japanese firms formally applied for
      Reuter  -  477 words
    • 72 13 AP THE BEVERLY Wllshire Hotel has tentatively agreed to be acquired by Regent International Hotels of Hongkong for an undisclosed price. Hernando Courtright, the hotel's major shareholder, issued a statement on Friday saying that only a tentative agreement had been reached and that a further announcement
      AP  -  72 words
  • Page 13 Advertisements
    • 634 13 For Business Or Pleasure, Lunch ArlhE Elizabethan Grill Tbday's Specialties: Rock Melon with Port Parma Ham Fresh Local Lobster 'Raffles' with Tarragon Herb Sauce or English Roast Beef on the Wagon Home-made Kiwi Sherbet For reservation, please call *****41 ext 174. Free parking in front reserved for our patrons Traditional
      634 words
    • 130 13 M Savoury Delights Await You At M l M M 1 available during lunch.' For reservations call 235 2698 or 734 6622 ext 141/144 Lurch: llam-3pm Dinner: 6pm-llpm mm mm. 19 CairnMi Circle Singapore 0922 TH 734 6622 CMWMU. HOTEL ORCHARD ROAD I I EJM Hi Ample Free Parking and
      130 words

  • RAW MATERIALS
    • 514 14 Reuter THE PROLONGED suspension of tin trading on the London Metal Exchange (LME) is causing financial damage to some trading companies and may force a few small companies into bankruptcy, according to metals market sources. "There could be blood all over the walls. Certain companies
      Reuter  -  514 words
    • 129 14 Reuter TAIWAN is considering a South African proposal to exchange 200,000 tonnes of maize for an equivalent amount of Taiwanese rice. A Food Bureau official said the barter deal would help Taiwan reduce its rice stockpile, currently at 1.2 million tonnes. Rice exports fell to 46,000
      Reuter  -  129 words
    • 334 14 Bernama INDIA'S State Trading Corporation is expected to sign a new agreement for the import T>f palm oil from Malaysian suppliers during the visit to India later this month by Malaysian Trade and Industry Minister Tengku Razaleigh Hamzah. A Commerce Ministry
      Bernama  -  334 words
    • 185 14 Reuter THE WORLD tin crisis could force the closure of the London Metal Exchange (LME), the LME chief executive Mike Brown said in a television interview yesterday. Mr Brown said he had told British Trade and Industry Secretary Leon Brittan that unless something
      Reuter  -  185 words
    • 78 14 AFP INDONESIA this year is to export surplus rice at cut-rate prices to famine-threatened African countries, the Minister of Cooperatives Bustanil Arifin has said. He said the exports of surplus rice from this year's harvest would be tantamount to aid as they would be sold to
      AFP  -  78 words
    • 113 14 SINGAPORE THE MARKET yesterday closed lower with December One RSS buyers quoted at 155.50 cents per kilo, down one cent from last Friday. MALAYSIA Sentiment was quietly easier on the market due to general lack of trading incentive. Current month December Int One RSS buyers closed at 179.50 cents
      113 words
    • 14 14 KL TIN Cloting prices on Nov 4 (MS/kg) Price Suspended i Turnover (tonnes) Suspended
      14 words
    • 282 14 Singapore (SS/kilo, ci-godown) Frogront new crop Isf 0 76 2nd 0 54 3rd 052 New Crop 25% no stock 10% no stock Thai Broken A-super 054 Special 0 52 Thai Rice 55% no stock China Rice 10% no stock 15% 072 25% no stock 35% no stock Thai Boiled
      282 words
    • 660 14 COFFEE ROBUSTA coffee futures yesterday resumed their initial sharp decline to end the morning session down £76 to £95 a tonne from Friday's close in active trading, weighed down by bearish reports from Brazil, long liquidation and profit-taking. The market had been due around £15 higher at the
      660 words
    • 93 14 Yarn (hi HK$ per bole of 400 lb) China carded yam, cones Blu« Phoenix 16's 2,450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Corded yorn, hank Blue Phoenix 21's 2,750 Combed yarn, cones Blue Phoenix 32's 4,300 Blue Phoenix 40's 4,500 Open-end yorn Blue
      93 words
    • 333 14 RAS prices tn S cents/kg, FOB in 1 >oles NOON CLOSE Buyers Sellers Buyers SeHers Int 1 RSS Prompt 154 00 155 00N 154 00 I55 00N Int 1 RSS Dec 85 155 50 156 00 155 50 156 00 Int 1 RSS Jon 86 156 50
      333 words
    • 106 14 (c«nts/kg, 1-ton DEC 85 JAN 86 (currcnt month) (forward month) NOON NOON RAS fciyen Sellers Stll»n SSR 20 145 00 147 00N 146 00 148 00N SSR 50 143 00 I45 00N 144 00 146 00N MRELB Buyers t ul Slters SMR CV 200 50 202 50N
      106 words
    • 170 14 THE MALAYSIAN crude palm oil market yesterday closed slightly higher in active trading despite some late selling reflecting reports of higher output for October, dealers said. Early covering was attributed to trade reports of Indian purchases of RBD olein. In November, south and north rose MJ2.50 each to
      170 words
    • 117 14 Chinese Produce Exchange (Seders' noon dosmg price* on No* 4 (SS/100 kg). Coconut oil Bulk FOB 75 00 Old drum FOB 88 00 New drum FOB 92 00 Copra Mixed (loose) 40 buyers Pepper Muntok White FOB NLW 1002 50 Sarawak White FOB foq NLW 992 50 Sarawak
      117 words
  • Page 14 Advertisements
    • 59 14 SINGAPORE Today, as usual, the lowest prices in S.E. Asia for duty free spirits are to be found at the Duty Free Shoppers stores at Changi Airport, Singapore. Analysts confidently YOU GET expect this trend to continue. They're right because, if you find spirits cheaper anywhere else in S.E. Asia,
      59 words
    • 153 14 STYLE'B6 Fabrics Garments Shoes Accessories (TRADE ONLY) November 13th, 14th and 15th, 1985,12.00 to 6.00 pm at the Century Park Sheraton A zW\ Singapore A/ M•£»• The Reliable Airline KLIVI Royal Dutch Airlines The Austrian Trade Commissioner Tanglin P.O. Box 238 Singapore 9124 FABRICS FOR GARMENTS C EYBL FEINJERSEY FM
      153 words

  • SHARE INFORMATION
    • 4357 15 A LATE BUYING spree of Singapore trustee stocks helped to arrest the steep fall on the local stock market yesterday. But share prices still finished lower in light trading. The BT Composite Index dropped 4.16 points to 657.90 while the Straits Times
      4,357 words
    • 279 15 SINGAPORE Rises Indices Sigmo Metal 314 A N 100*1 384 Grand Utd Hldgs 141 ApoHo 100 M Ircwtrm 600 Sim Lan 210 Kioa Joo 50« 280 Innovest BKd 138 Peak HIM 342 FAN 665 S f H 665 Harrisons Mmm 296 Falls M Flour 285 H Leong
      279 words
    • 4267 15 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".
      4,267 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 880 16  -  By CHAN OI CHEE WITH TWO MAJOR airline stocks soon to make their debut on the stock markets, cash-rich individuals and institutions are asking themselves this question: Which to invest in, MAS or SIA? Malaysian Airline System (MAS) has just completed its
      880 words
    • 461 16 cms? THE HONGKONG stock market is still underpriced, and the Hang Seng Index could rise to 2,200 from its current level within the next six months, led by the property sector and banks. This is the view of Mr Robert Lloyd-George, the managing director of
      461 words
    • 140 16 Bernama MALAYSIAN MOSAICS Bhd (MMB) is to make a special issue of 10 million new shares of $1.00 each priced at Mf1.50 each to bumiputra investors approved by the Ministry of Trade and Industry. The special issue is to restore the bumiputra shareholding in the
      Bernama  -  140 words
    • 236 16 TAIPING CONSOLIDATED Berhad: 45th AGM at Plaza I, The Plaza Hotel, Jalan Raja Laut, Kuala Lumpur today at 11 am. HUME INDUSTRIES (MALAYSIA) Berhad: 26th AGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Bandar, Kuala Lumpur on Thursday, Nov 7, at noon. AU8TRAL Amalgamated
      236 words
    • 333 16 LACK OF INTEREST caused share prices to ease in lethargic trading on the Kuala Lumpur stock market yesterday but some bargain hunting activities were seen in the late afternoon. The trading pace was slow although a handful of speculative issues were actively traded and bucked
      333 words
    • 3451 16 NMSTMALS A Choc (3 006 3.045) (1) 2 98 (15) 3 00 Aisb (0.918 0.955) (5) 0 92 (30) 0 90 (1M) 0 89 (9) 0.89 (1) 0 85 (4) 0 87 (5) 088 (12) 091 Akom (0 965) (1) 098 (4) 0 95 (22)
      3,451 words
    • 214 16 MBF HOLDINGS has been given permission by the Treasury for the Commonwealth Government of Australia to establish and operate a merchant bank in Australia with 100 per cent ownership. UNGUI Devetepmeats Bhd said in reply to a KLSE query that Atlantic Security Credit Corporation (ASCC), in which it
      214 words
    • 96 16 HONGKONG Hong Seng Index Monday 1702.19 Friday 1680 65 Week ogo 1651.25 TOKYO Nikkei Average Monday Closed Fndoy *****.10 Week ago ***** 04 TSE Index Monday Closed Friday 1018.51 Week ogo 1020.95 SYDNEY Australian Minings Monday unav Friday unav Week ogo 524.6 Australian Industrials Monday 1503.9 Friday 1500
      96 words
    • 264 16 Monogers' prices for Nov 5 Singapore Unit Trust The Commerce 1 66 The Sovmgs Fund 1 26 S'pore Prog Fund 0 70 Spore Sec Fund 1 04 S'pore Invest Fund 0 78 S'pore Equity Fund 0 75 1 76 1 34 0 74 1 10 0 83 080
      264 words
    • 103 16 RENONG BHD has set up a Joint venture Malaysian construction company in which it holds a 29 per cent stake, Costain Holdings (M) Sdn Bhd 29 per cent and Mr Zakaria Datuk Ahmad 42 per cent. Renong, which is involved in investment holding, property
      103 words
    • 657 17 AFTER A SEVERE SETBACK resulting from the massive devaluation of the Australian dollar, Singapore-based multi-millionaire Jack Chia's Australian company is heading for recovery. A buoyant demand for commercial properties in Melbourne has helped the group make good some of its losses. But in an
      657 words
    • 134 17 FOLLOWING its successful bid to take control of marine and engineering group Van der Horst, Malayan Tin Printing is now making a couple of board changes. Mr Sang Hut Bee has resigned as director and managing director while Mr Edward Goh Kim Hai has been appointed
      134 words
    • 407 17 HOCK LOCK SIEW THE OFFICIAL approval of the public issue by MechMar Bestobell Bhd is confirmation that the total freeze on public issues on the Kuala Lumpur stock market is over, at least for companies in selected sectors. Although the MechMar Bestobell is
      HOCK LOCK SIEW  -  407 words
    • 746 17  -  By NAJEEB JARHOM LESS THAN FOUR MONTHS after he first nibbled at the shares of Wormald International, Sydneybased wheeler-dealer Lee Ming Tee has lived up to expectation by jmnminHng a A 5292 million conditional takeover bid for the Australian fire protection
      746 words
  • Page 16 Advertisements
    • 276 16 NOTICES THE COMPANIES ACT, CAP 185 BATRACO MARVELOR PTE LTD (IN MEMBERS' VOLUNTARY WINDING-IP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of BATRACO MARVELOR PTE LTD duly convened and held at 36 Robinson Road, *05-01/02 City House, Singapore 0106, on 28-10-1985 the following resolutions were duly passed
      276 words
    • 298 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND WAIKIKI PTE LTD (In Members' Voluntary Liquidation) Special Resolutions At an Extraordinary General Meeting of the members of Waikiki Pte Ltd duly convened and held at 10 Yarrow Garden, Singapore 1545 on Ist November 1985 the Special Resolutions set out
      298 words
    • 161 16 DISTRIBUTOR WANI An Australian company manufacturing a range of exclusive specialty paint products including additives for improved paint adhesion, rust control, interior and exterior timber finishes, timber cleaners, metal and fibreglass cleaners and polishes, wishes to appoint a sole distributor for this market. Some of these products have been on
      161 words

  • Page 17 Advertisements
    • 240 17 Real Estate in the ll.SA.can open thedoorto a solid investment. Or lead you into amaze. As one of the most politically stable countries in the world, with a strong tradition of private ownership of property, the United States offers unequalled opportunities for substantial investments in Real Estate. But the number
      240 words

  • 286 18 Reuter AP THE US DOLLAR hit its lowest level against the mark for 19 months in Europe yesterday and traders said it could fall further on continued selling following poor US economic data last week. The greenback started out in Frankfurt at around 2.5940 marks, down
    Reuter; AP  -  286 words
  • 72 18 Reuter INDIA HAS JAILED more than 5,000 people and fined nearly 10,000 for travelling free on the country's trains. A government statement yesterday said the authorities caught nearly 125,000 people either without tickets or with the wrong tickets during two weeks at the beginning of
    Reuter  -  72 words
  • 489 18  -  By LEE HAN SHIH SINGAPORE'S smaller islands could be turned into dumping grounds for some of the 1.5 million tonnes of refuse collected each year. This was disclosed by the Ministry of National Development in its 1964 annual report release late yesterday.
    489 words
  • 201 18 SOVIET TANKS and artillery and Vietnamese reinforcements are pouring into Cambodia in advance of the dry season offensive against the resistance. A top resistance coalition official in Beijing said yesterday that two Soviet ships carrying tanks and artillery had docked at the Cambodian port of
    201 words
  • 467 18  -  By LOH HUI YIN A ROUND OF TALKS on free trade starting this week in Manila is expected to have particular significance for Singapore. Separate rounds of talks are to be held between Asean, the US and Australia. Thursday's Asean-US meeting
    467 words
  • 73 18 Reuter A CRACKDOWN on India's tax-dodging black economy yesterday snared one of the country's top textile millionaires. Kapal Mehra, a prominent figure in business circles, was remanded in custody until Nov 8 by a Bombay court on charges of evading customs duty. Mehra,
    Reuter  -  73 words
  • 82 18 FOREIGN COMPANIES must dispose of residential property acquired before Sep 11, 1973, unless they have received approval to retain it. This is the ruling under Section 5 of the Residential Property Act, 1976. The 10-year period to dispose of the property under this section was extended
    82 words
  • 205 18 Reuter UPI SAUDI ARABIA'S crude oil production rose sharply to four million barrels per day (bpd) in October, little below its Opec quota of 4.35 million bpd, the Middle East Economic Survey (Mees) said yesterday. Saudi Arabia has borne the brunt of declining demand for
    Reuter; UPI  -  205 words
  • 101 18 AP PALESTINE Liberation Organisation chairman Yasser Arafat has called on Arabs to boycott American goods in retaliation for US backing of Israel's "aggressions" against them. "Palestinian leadership was at present urging the Arab masses to assume their right role protecting the Palestinian
    AP  -  101 words
  • 134 18 NINE PEOPLE died in a fire that gutted a three-storey shophouse in Temple Street yesterday afternoon. A Fire Service spokesman said the incident was the worst in the history of Chinatown. Police said all the dead were men, but no identification had been made so
    134 words
  • 94 18 Reuter US SECRETARY of State George Shultz arrived in Moscow yesterday to consult Kremlin leaders on the Geneva summit between President Reagan and Soviet leader Mikhail Gorbachev. Mr Shultz was greeted by Foreign Minister Eduard Shevardnadze «lien he (lew
    Reuter  -  94 words
  • 102 18 Reuter COMEX GOLD FUTURES lost USH.OO to H. 20 yesterday morning on small selling from traders disappointed that the Fed had not reduced the discount rate as expected on Friday. Gold for December delivery was off $1.00 at $327.10 an ounce but holding above Friday's low
    Reuter  -  102 words
  • 58 18 Reuter THE NEW YORK stock market retreated in early trading yesterday, pulling back from record levels. The Dow Jones Industrial Average was off five points to 1385 after last Friday's 16-point advance took the index to a record close of 1390. Declines led advances by a three-two
    Reuter  -  58 words
  • LATE FILE
    • 34 18 NST A SENIOR bank official of the Development and Commercial Bank Bhd in Malaysia has reported the disappearance of MJ2.5 million from its branch office in Petaling Jaya. NST
      NST  -  34 words
    • 37 18 AP PAKISTANI opposition leader Benazir Bhutto, released after being under house arrest since August, arrived in London yesterday and vowed to return to her homeland "no matter what the consequences." AP
      AP  -  37 words
    • 40 18 Reuter A SOVIET soldier who entered the US embassy in Kabul last Thursday complaining of homesickness left the building after the Soviet ambassador had promised he would not be punished, US officials said yesterday. Reuter
      Reuter  -  40 words
    • 53 18 UPI A SUICIDE DRIVER crashed a car packed with more than 400 pounds of explosives into a militia check-point in Southern Lebanon yesterday, killing as many as 15 people, the Lebanese National Resistance movement said. Israeli military sources said in Jerusalem that none of the casualties
      UPI  -  53 words
    • 40 18 Reuter WEST GERMAN company Siemens yesterday offered to help Indonesia build its first commercial nuclear power plant. The company said it was willing to transfer nuclear technology to Indonesia as it had done with Brazil.
      Reuter  -  40 words
    • 44 18 Reuter THE US and the Netherlands yesterday completed the signing of an agreement on the deployment of cruise missiles on Dutch soil. The agreement was signed by US ambassador Paul Bremer. It had earlier been signed by the Dutch foreign minister.
      Reuter  -  44 words
  • Page 18 Advertisements
    • 239 18 COMPUTER AIDED INVESTHEMT DECISIONS {~j The Share Market Analyser the most advanced investment software tool for the IBM-PC/XT. Plot and analyse stock market charts quickly and simply. Point Figure 200 Weeks Trend Lines Overbroughl'Ovetsold Moving Averages Bar Charts •CADI OBV Colour Charts Data and daily update service lor all stocks
      239 words
    • 6 18 Troubto* by th« barrel, Pag* 7
      6 words
    • 86 18 r h Asian International Hardware Expo 3rd Presentation 20-23 November 1985 World Trade Centre, Hall 4 Singapore AIHEX is South East Asia's largest hardware show. AIHEX has been expanded to include a special section devoted to Housewares, Tabliware, Lawn and Garden and DIY products. For the very first time, AIHEX
      86 words
  • Page 18 Miscellaneous
    • 58 18 wmmn Outlook for today: Cloudy day with showen affecting areas in the late morning and afternoon. Report for 24 hours prior to 7.30pm on Nov 4 at the oirport: Maximum temperature 31.5 Associated humidity 63 Minimum temperature 23.8 Associated humidity 97 Hours of sunshine 5.45 Rainfall in millimetres 0.2 Roinfall
      58 words

  • SHIPPING TIMES
    • 103 19 AUSTRALIAN unions acting on behalf of the International Transport Workers' Federation (ITF) have secured about U*****,000 in backpay allegedly owed to the crew of the Panamanian bulk carrier Opal City. The ship has finally sailed from Whyalla bound for China with a cargo of steel
      103 words
    • 407 19  -  By JUNE LIM THE BATTLE FOR a share of rubber shipments to Europe has intensified. The Far Eastern Freight Conference has undertaken its second reduction in less than three months. Independent carriers which normally tag its rates below that of the conference is expected
      407 words
    • 206 19 AFP MAJOR JAPANESE shipbuilder Hitachi Zosen is considering to cut its 17,000 workforce by 5,000 by March 1967 to cope with the deepening shipbuilding recessions, company sources said. The Hitachi management has presented the union its reorganisation plan which also called for the
      AFP  -  206 words
    • 243 19 UNITED States Lines's parent company McLean Industries has forecast losses for 1965. Lower freight rates forced a large net loss of US$l6.7 million in the third quarter of 1965, a poor show compared with the profit of US$l7.l million in the same period last
      243 words
    • PORT SIDES
      • 112 19 AP A WORLD BANK loan will finance a major new port development in Guangdong's Huangpu harbour area, a container shipping centre in southern China, the official Xinhua news agency reported. the harbour will include 10 deep-water berths with an annual cargo handling capacity of 7.6 million
        AP  -  112 words
      • 66 19 Reuter IRANIAN navy has intercepted a cargo ship it identified as the Panamanian-flag vessel Gull Pioneer near the Strait of Hormuz on Sunday and directed it to a southern Iranian port for investigation. The national news agency IRNA said the 9,400-ton vessel heading for Kuwait with
        Reuter  -  66 words
    • 1145 20 RATES were stable in scattered grain fixing and time-charter business on the London freight market on Friday. Bassro covered a 52,000-ton December-Janu-ary movement of grain from the US Gulf to Japan at the prevailing spot rate of U5513.50 (fio). In the US North Pacific, Voest Alpine fixed a
      1,145 words
    • 237 20 THE FIRST OF Lykes's six new 3,010 TEU container ships for its Pacific service, Doctor Lykes, was launched in Japan last week. The American carrier's newbuilding programme, at a massive US$225 million, will be completed by the end of next year. The second vessel is scheduled
      237 words
    • 82 20 AP CHINA PLANS to build a 283kilometre canal to divert water from the Yellow River to the north-east Port of Qingdao, the official news agency Xinhua said. The three-year project will begin in early 1986 and will cost an estimated 800 million yuan
      AP  -  82 words
    • 476 20 A NUMBER OF major shipping nations are continuing to press the International Maritime Organisation (IMO) to moderate the cost impact of new requirements for carriage of safety communications equipment. Lloyd's Shipping Economist reports that Australia, China, Denmark, Greece, India, Italy and Mexico have been
      476 words
    • 608 20 Fairplay THE TRANS-SIBERIAN Railway first made a serious impression on Western shipowners when, in 1971, it started to carry containers in transit in both directions between Western Europe and the Far East. The cheap freight rates were a great attraction to shippers and forwarders,
      Fairplay  -  608 words
    • 702 20 AB Shpg V 5 Afea Line VI 3 Alphotrons X 3 A PC Line V 4 APL i 2/3 Anro Service IV 3/4 ANL 1 1/2 ASCL HI 1 Bait-Canada Line VI 4/5 Boh-Ofient Line VI 4/5 Bank Lme V 5 B8S 1 4/5 Bayswater Shpg IV
      702 words
    • 244 20 FT PIRACY AND armed robbery from merchant vessels is again on the increase although it remains well below the levels reported in the early *****, according to the International Maritime Bureau, the London-based agency which fights shipping fraud. The bureau recorded 28
      FT  -  244 words
    • 181 21 FT SVENSKA VARV, the troubled Swedish state-owned shipbuilding group known as Swedyard Overseas, reports operating losses of Skr 231 million (U5529.4 million) for the first eight months ending August compared with gains of Skr 76 million during the same period a year earlier. However,
      FT  -  181 words
    • 393 21 LAURITZEN Reefers plans to slim its operating pool of 35 ships by selling four older vessels to implement the interim findings of a management consultant which has been studying the company since June. A final report, produced by McKinsey A
      393 words
    • 445 21  -  By Kingsley Wood THE AUSTRALIAN Shippers' Council is concerned that transhipment opportunities in South-east Asian ports are placing increasing demands on conference shipping capacity. In a review of international shipping trends, ASC says that if this development is not carefully monitored, Australian
      445 words
    • 228 21 Nov 5-9 Ocean carriers' rights and liabilities, Lloyd's of London Press seminar, The Royal Horseguards Hotel, London. Nov 7 What maritime future for Britain, meeting, 1800 hours, Royal Institution of Naval Architects, 10 Upper Belgrave Street, London SWI. Nov 9 Marine Pilotage national and regional considerations, Nautical Institute
      228 words
    • 188 21 THE MAJOR shipping consortia operating between the Far East/Europe, 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
      188 words
    • 108 21 AFP AGREEMENTS TO double China's iron purchases from Brazil and to increase by a half-million-tonnes its oil sales to Brazil were signed by visiting Prime Minister Zhao Ziyang and President Jose Sarney, diplomatic sources said. Starting next year, China will send three million tonnes of
      AFP  -  108 words
    • 5868 26 aaaaaaajj 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
      5,868 words
    • 709 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival date/time Operator Godws for LCL cargo FCL movement schedule Location Kuo Hsmng 503 Anson *****N Pelopof I60N Takori 1 1152 B Penogo 221 B Melati 490 Hoog Pioneer 12 Piya Bhum 9N Thana Bhum 006 K Jocejin
      709 words
    • 1648 27 The leading shipping lines operating from local ports and their agents. A-B A Top Enterprises Pte Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Lme African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (5) Alfred C Toepfer Oceortus ShippmgAgencies (S) Multiport Sdn Bhd (PK) Americon
      1,648 words
    • 793 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Auby Qory Selatan Ned Nogasaki No 8 Donom South Glory ZoeUa Lyk.es Catomarca 2 Kim Soon Li Str Venture Taibaishon Thomoseverett Yamasugi Maru K25W K19 K12 K15 K28 K35 K16 K23 K25W K33 K21 K28 SSPL Ocean
      793 words
    • 297 28 AFP A CONSIDERABLE number of unreported fixtures on the tanker market over the past week indicated a greater underlying strength to the market than surface conditions gave observers to believe. Several large vessels found employment at firmer rates out of the Gulf states area, where only some ten
      AFP  -  297 words
  • Page 19 Advertisements
    • 1091 19 Monthly from Pitman Available at all good bookshops and newsagents IflTimes IIU Distributors nem. Agents: MROME SVfMS MOICSS (R«. No. 242H4/MR) 70 Sktnton Win #04 03 Harma Ho«x S«ta«ort 0207 Id 771M11 Ida NO RS ***** CfS OffCt IPC #***** Td *****31 2220*3} Tffmmji OttKt IPC #***** Td *****90/2220b93/*****01 Orient
      1,091 words
    • 64 19 mm MAJOR SHIPPING notions ore continuing to press the IMO to moderate the cost impact of new requirements for carriage of safety communications equipment. Pag* II LAURITZEN Reefers plans to slim its operating pool of 35 ships. P«g« 111 Index to advertisers II Weather Map VIII London freight II Shipping
      64 words
    • 952 19 4 r BALT-ORIENT LINE 1 Baltic Shipping Co Reply Services from South East Asia to United Ki«dont and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel: *****3 MAERSK LINE KEEP YOUR APPLES FRE: FASTEST TRANSIT TACOMA TO: SMGAPORE 19 DAYS PORT KELANG 22 DAYS PENANG 23 DAYS
      952 words

  • Page 20 Advertisements
    • 516 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Ft«fcf hi SIS ACE FUM.T ACE GLORY ACE Pacific South Wnt Fwdw at Tokyo Moflw VSL LA/LB OAK S. KASHU M 7/12 10/12 t. ARROW 12/12 15/12 BE (SHU a 21/12 24/12 urouo 21/12 a/12 VMSH VO» lOHGO MARU *47 1 TOR BAY *28/' TOKYO
      516 words
    • 268 20 EE Supercarrier Service lf/12 22/12 11/1 12/1 M/l 12/1 31/1 1/2 31/1 1/2 NEXT ARRIVALS N ROSAINO 7/11 BARfIfR HtCIO* 7/U N ROOCSTIR 26/11. BAHKR TOBA 27/11 N ROTTERDAM 17/12 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 17/12 19/1? Mm KCtpta* coats tar Hasten (MLB). S Francnto OakM
      268 words

  • Page 21 Advertisements
    • 1151 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd Overseas Containers Limited STRAITS SHPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINfRSHIP SERVICE TO UK CONTINENT FRMKFWT EVBESS mmm eipbess OSAKA BAT breicn express BENAVON HONG ROW EXPRESS KNALDER cut of nmuMH FRANK FURI EXPRESS MARBURG EXPRESS S port
      1,151 words
    • 731 21 Franco Belgian Services I f«r Idi. yTUK >jr IME MBER OF ACE CONSORTIUM com WO SERVICE TO EtSOTE cowwo g»wct mow europe STORE P KCLAMG It Har»« R dam F Slant Ham B Mum Art Ct PARIS N Nat (04 Nn) 25 Nn 2* Nn 20 Nn 30 Not II
      731 words

  • Page 22 Advertisements
    • 444 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriage to Scandhavia.'Med, Carribean IS. America Inland haulage to Mand destinations in Europe I TO EUROPE/MED S port PKetangPerung Lei»eslMbao Mm Bhiren *'««p Row* Mckmen S/ll 911 5/12 1/12- H/12 Mai ftickmers C/U 1/11 10/11 6/12 13/1211/12- 22/12 Bertram Rickmers 9/11 12/11 14/11 S/12 14/12
      444 words
    • 376 22 KS LINE MO*t* i" %<• J***** FULLY CONTAINERISED SERVICE [PROM EUROPE VIA SUEZ J A Membfr lht ct Consortium NEPTUNE CRTSTAI 31E KOREAN CHANCE 231 SEVEN SEAS BWOGE VI PKHanj Spore HKonf Kaoslwmf Buswi la* to <14 11) 1? 11 16 11 17 11 20 11 ft/11 (71/11) 19/11 73/11
      376 words
    • 533 22 Hai Sun Hup Co (Pte) Ltd A**-.' TEL *****06 (20 Lines) Tl R*****1 R*****2 t t Iv\STIM\ \K M\l;u. LTD. Specialist in RO/RO Service Acceptinf heavy-ifts upto 80 K/Tons Sailings from Japan Vrssri Spue PRetmf Ructani Mujn ijbujn S£RI IMISUTUU V 37 Sjfcd Srfed to Port MKI KOCM *37 to
      533 words
    • 973 22 o EVERGREEN full Container Serve* Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) SGP WG XSC (LC PIE OS TIO ia H RC H W 111 HI IM Li 10/11 15/11 11/11 11/11 21/11 23/11 24/11 11/12 17/12 19/12 21/12 31/12 1/1 3/1 4/1 0/1 21/1 17/11 23/11 24/11 2C/U 29/11 1/12 2/12
      973 words
    • 236 22 as I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES >ppw LMAV tar 15/11 B. AMm. B. Ummm KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKcUnf Load* tar: OCEAHA COUHEK 10/11 P. Moresby, Lm, Newak. layapira, Rabaul, Kieta. Motan. Hadan( Kanbe KYOWA BREEZE
      236 words

  • Page 23 Advertisements
    • 1004 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel *****33 VESSEL VOYAGE KOTA RATU E-597 KOTA SEJATI E-591 KOTA AGUNG E-593 KOTA TIMUR E 595 KOTA WUAYA E-599 KOTA WIRAMA E-601 HONGKONG SINGAPORE LOADING FOR: 4-5/11 12-15/11 DJIBOUTI. HOOEIDAH, JEDDAH, PT SUDAN. AOABA 14-15/11 20-23/11 MUKALLA, ADEN,
      1,004 words
    • 861 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Osaka Bay Bremen Etpress Benaron City of Edmbwfh EXPRESS CONTAINER SERVICE Hambwi EipreM Sato) Osaka Bit Saied Bremen Eipress Saied Kvama Marti Saied Benaron Saied Honfkonf Etpress 11/11 Benaider U/ll Mi ol Edtaur|h 25/11 Kit ana Mini 27/11 B HAVEN R'DAM Saied SaM
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    • 688 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF S'PORE BISAN TOROHMM KOBt MOHSIUNG HK S POM CO** *25 HB 21/10 24/10 28-10 1/11 3/11 t/U S PORE TO JAKARTA/SURABAYA CONTAINER SERVICE SERVICE TO EUROPE DIMM/UK SHUN RDM H'BURG 9/12 11/12 12/12 IS/12 23/12 25/12 WEST BOUND |STORI IBIBAO MA I MAM VI3DB ptmant
      688 words
    • 617 23 BOUSTEAD SHIPPING AGENCIES 7* BURMA FIVE STAR (Burmese National Lint) Loadinf for Rangoon Spore Htonoywa V2O6W 10/12 Nov Ptushwetyiwywa V26OW 15/17 Nov Bassein ¥74* Paean V92W 18/19 Nov 10/14 Nov 5/5 Nov 15/16 \>A BANK LINE SPORE R'DAM HULL HMBG FORTHBANK 11 Nov 7 Dec 14 Dec 11 Dec MEADOWBANK
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  • Page 24 Advertisements
    • 1358 24 K LINE KAWASAKI KISEN KAISHA, LTD. ECUADOR/PERU/CHILE „«o lEEOER VSI MOIHER VSI SPORE PKEG PN6 SPORE NAGOYA GIMYAQtM CALLAO ARICA *W* AFAGASTA S AHTOHO VAirARAIMJ pOHORt BROGE V 49 St* EXPORTER *7111 3 Ho* 4 Nov (Nn INn 27 No» Dec 2 Jjn 7 ,ln 1 l>n 11 ,w M7ANLIO
      1,358 words
    • 683 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Maflf llmef Vess«iSpcwe Melt Mem Sfdn 23 Ho. 4 Dec JO Nt. 22 Ho MWMS 71 No. 1J Dec 22 Ok 29 Dk MH'Bra RAMMS 5 Dec 70 Dec 71 Det 2i Dec /Wet Bm CHAMNDAS II Dec SUn 13 Ijn 1?
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    • 560 24 yam GOLDEN LINE GUAN GUAN SMPPMG (PIE) LID l«c Prmncul B«* Buttnf (0 Cecl Street SMGAPOK 0104 111 ****** (II UKS) P Kftoif 03 317*1 Pe<un( 04(***** Paw Gud*n( Afenl ORENI UOTO (M) SON M TEL 07 *****0/1 STRAITS/PERSIAN GULF SERVICE: GOIKN cm Colombo Ranch. RAaa Qaboos DuOji Bahtain UXMN
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    • 293 24 INTRBSEA (PTE) LTD 10 Anson Road »27 16 Intemationn Pia/a Singapore 0207 Tel *****1 1 10 linesi jroAAsiAim <► BREAKBULK SERVICE TO EUROPE/UK S pore P. Ketone Load** VAN CONQtOOR *****16 «/ll ROT ANT/U J (AVON) MNNER *****11 20/11 25/11 ESBOG/BELEAST/ ROT/ANT/UK (AVON) Aftrtt Sncapat imusj (fH) in BOQKMC 22W511
      293 words

  • Page 25 Advertisements
    • 664 25 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member o. .he ACE Consortium TO EUROPE/UK (VIA SUEZ): CRPMB2W HKCOaiMCR 47* 0 CNB 46ft K MCON 3111 N CUT JIM. 32* K CHANCE ?«N Mso accepting cargo to, from Scandrnavia +C R PARtS S pore Closing limes fCI
      664 words
    • 582 25 1 ■a DO* AM HEUHG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN, INCHON V«sc4 No i Donjm WW 1 No I Dm < S49N do Datum MM Sox, it K IS m 7/11/15 (.«< mo m IZOO to MV Hill Mm Ml S/N P »t
      582 words
    • 759 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Number? *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. HELMS POMNG 2(* ITSrr tar rarir Jr* ujj WSSRS HAI THONG IMt 127 Penanf Street Peoa«t Malaysia S
      759 words

  • Page 26 Advertisements
    • 639 26 Itcgitmal Container Line's 'PORE P. KELANG PENANG SERVIC HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER v Pf CIAI IStD Hf AW llflf RS AUAII ABII KASUGA MARU S'pore 10/12 Nov Loadhf for Dubai, Damman, Kuwait -LINES VEB DEUTFRACHT/SEEREEDEREI ROSTOC£ FORTNIGHTLY FULL CONTAINER SERVICE 10 EUROPE SANGERHAUSEN 3/S5 GIAUCHAU 10/15
      639 words
  • Page 26 Miscellaneous
    • 176 26 Regional Weather fi ,w L-'-V 7 JSk 9 S. A K ■p ss 'Oi y i i "f jk. s SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. </*■ Wind direction with speed in knots Wave height LEGEND R Thunderstorm T T T diction with speed m knots
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  • Page 27 Advertisements
    • 73 27 *****55/*****56/*****45/*****93 *****1/4 TEMBML 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SKS/2211M/*****5 mmm cm———■ezhez:^—— IEJISIuIBEIIDU JiCJSMI r:^Mr TrrTr» In .f vEUEigUMEISIIIiUiSZIMEUiEIIIMCEI^IEIIIICMEII gTT»gTT»riTT—ImnnTTTTni 11 a •»[j^aF7lTin]T^T^MnTlm>-MrTTT»fTyT!TTTTr"~ !^T7iniHT»gITI [Ed E2HIEI3ZZHI E231E331E33HHH □Gnu nil EH* nm mrrinfi \usmumz rrn pmt» rm txa. STRAITS/TAIWAN/JAPAN CONTAINER SERVICE SEA AUSTRALIA CONTAINER SERVICE i/.r..uyt'mpi PENINSULAR SAB AH/SARAWAK/BRUNEI SERVICES EU IE TO I
      73 words
    • 49 27 w COLUMBUS LINE REEDEREI GMBH (XPRFSS SfMl CONTAINf R SfRVICf 10 HUH ROTTERDAM HAMBURG J E€C HULL 11/12 14/12 28/12 4/1 SPORE 11/11 25/11 MV FORTH BANK V14 MV TOANA PAPUA ¥4 7/12 21/12 SMI ION SHIPPING S i PTf I TO W/'»" f s. Ron*ini, in s im^
      49 words
    • 270 27 LICORNE SCMJON SMPPM6 (S) Pit LID. SALES/BOOKMCS TEL 229SCIL (I LID #-<■' i i-iV-hi'i nywt.u r,; it;; M/V CGM VELAY VIILSS M/V ARMAGNAC VI2LSS M V CGM VAR VILS6 a Scan Dutch V To Europe (Med/UK/NC/Scan) FEEDER PENANG 6 Butang SM B Butang 7/11 B Butang 14/11 B Butane 21/11
      270 words

  • Page 28 Advertisements
    • 245 28 WEJC. EUROPEAN CONTAINER LINE kdut fuu cor mo soma ma rotterdam fa CA*NARY ISLANDS TENERIFE. LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) 19/11 12/12 FORTNIGHTLY FULL CONTAINER SERVICE TO: EAST AFRICA MOMBASA. DAR-ES-SALAAM THROUGH RATES AVAILABLE FOR INLAND HAULAGE TO: ZAMBIA. MALAWI. ZAIRE. UGANDA. RWANDA. BURUDI, SUDAN I SINGAPORE
      245 words
    • 323 28 rc Mitsui OSK Lines Ltd m A CONVENTIONAL/SEMI-CONTAINER EAST AFRICA HEROINAE NEDLLOYD MOJI GLORIA PEAK WEST AFRICA MORNING GRACE 8 Nov Mombasa. Daressalaam. Tanga 15 Nov Mombasa. Daressalaam 24 Nov Port Louis. Reunion 14 Nov P Noire. Monrovia. Ab»d|an. Tema. Apapa AFRICA'S n— OSAKA MARU HAYAKAWA MARU S.A VAAL 9
      323 words