The Business Times, 19 November 1985

Microfilm: NL15281
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 TUESDAY, NOVEMBER 19, 1985 75 CENTS
    12 words
  • Article
    Standard Chartered places Active under receivership
    347 1 STANDARD CHARTERED has put Active Building and Civil Construction under receivership and has appointed Price Waterhouse as the official receiver. A bank spokesman said yesterday that Standard Chartered had "appointed a receiver in terms of the bank's debenture". Price Waterhouse is the official receiver
    347 words
  • Article, Illustration
    German computer maker offers its expertise
    418 1  -  Nixdorf prepared to set up a centre for artificial intelligence By SHAHRIR ARIFF AN OFFER to help Singapore develop as a centre for advanced computerisation has been made by Nixdorf, the German computer manufacturer. Mr Klaus Luft, Nixdorf Computer's vice-chairman, said his company was
    418 words
  • Article
    Bangkok to help tin industry
    89 1 THAILAND is planning measures to help its tin industry face an expected free-for-all tin market. Industry Minister Chirayu Israngkura Na Ayutthaya said International Tin Council meetings in London had come no nearer to finding a viable solution to the crisis. The government will consider appeals
    89 words
  • Article
    Lock icon Manila opposition faces split
    221 1 Reuter OPPOSITION GROUPS in the Philippines were faced yesterday with a a split which could leave them with rival challengers to President Ferdinand Marcos in elections early next year. Former Supreme Court justice Cecilia Munoz-Palma stormed out of the opposition's National Unification committee after an angry
    Reuter  -  221 words
  • Article
    Lock icon The cost of educating Malaysian pupils
    209 1 Bernama AN ESTIMATED Mslo,ooo flow out of the country every year for each of the reportedly growing number of Malaysian primary school pupils studying in Singapore. The Malaysian MP for Pulai, Datuk Mohamad Rahmat, who recenUy highlighted the growing number of Malaysian pupils studying
    Bernama  -  209 words
  • Article, Illustration
    STOCK MARKET
    87 1 THE STOCK market rue slightly yesterday is quiet trading. Bat while the overall market led by Malaysian speculative stocks enJoyed some baying ssppsrt, Use chips were left to languish by Investors. Although gainers outstripped losers by M to JJ, the indices only managed small Increases. The Straits Times
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  • Article
    November is a very special month for four major hotels
    489 1 FALLING OCCUPANCY rates might be the norm in the hotel industry but the month of November is turning out to be the best so far this year for at least four major hotels. And all four hotels have attributed the
    489 words
  • Article
    General Electric to retrench 30 executives
    375 1  -  By LEE HAN SHIH THE LATEST ROUND of retrenchments at General Electric (USA) will mean the loss of about 30 management staff from its consumer electronics division next month. Their departure will result from GE's planned merger of its two factories in Singapore later
    375 words
  • Article
    Lock icon A US awash in milk raises a flood of concern
    163 1 AP THE US is once again awash in milk with production rising to record levels this year and probably heading up again in 1906, a source of worry to producers of dairy and beef products in many countries. A Farm
    AP  -  163 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      59 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM BETTER QUALITY AT A BETTER PRICE TBS produces a wide range of computer/ "i typewriter ribbons and accessories; works I 1 with all established systems at optimal I L-J efficiency Try our products and you'll discover how you can really save and gain in
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    • Advertisement
      Page 1 Advertisements Column 2
      369 1 STPB and SIA back study on sporting extravaganzas A PRIVATE advertising agency is carrying out a study to see if it is possible to stage major international sporting events in Singapore aimed at boosting the sagging tourist industry. The possibilities include Formula One Grand Prix racing, yachting events similar to
      369 words
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      Page 1 Advertisements Column 3
      14 1 Full report, Pag* 15 Asian stocks, Pag* 12 Mandarin lowers published rates, Page 2
      14 words
    • Advertisement
      Page 1 Advertisements Column 4
      106 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM r y >ii >• m. p Now there's an easier way to move your goH around the worid Global Gold Certificates from Singapore's biggest banking group. The most flexible gold certificates in the world. Not only can you buy them in one country and
      106 words
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  • HOME NEWS
    • Article
      Mandarin lowers published rates
      406 2  -  Following in the footsteps of four other hotels By LIM SOON NEO SINGAPORE'S largest five-star hotel, the Mandarin Singapore, has joined the ranks of Shan-gri-La and Marco Polo in lowering its published rates. On Nov 1, the 1,200-room hotel lowered its published rate for its deluxe
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    • Article
      Hotels serve up new ideas for Merlion Week
      318 2 A MERLION constructed from 60,000 Lego cubes, Merlion cocktails and a Merlion Seafood Pot are some of the ideas hit upon by hotels here to celebrate Merlion Week '85. From Dec 7 to 15, Shangri-La Singapore will display a 1.82 metre Merlion
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    • Article
      Pigs to be kept at $ 13.2 m Terembu Pesek holding station
      441 2  - Pigs to be kept at 13.2 m Terembu Pesek holding station By LOH HUI YIN PIGS, which command an annual market value of |600 million in Singapore, will be well and truly pampered when they are kept at the Terembu Pesek holding station. The $13.2 million station will operate like
      441 words
    • Article
      Three new Rank Xerox products
      84 2 RANK XEROX, the copier company, is to launch three new products early next year to focus on other aspects of document handling. They are the 4045 laser copier {winter, the 3700 laser printer and 6067/8 word processor. Mr Charles Cousins, the manager of Systems Business
      84 words
    • Article
      Gainful jobs for the handicapped urged
      372 2  -  By ANNA TEO THE GOVERNMENT, or some other central agency, should provide the funds for the handicapped to be more gainfully employed, says the president of the Singapore Association for the Blind (SAB). Given the training and appropriate technical aid, the handicapped can be
      372 words
    • Article, Illustration
      PWD awards $14.7 m deals for two police projects
      444 3  -  By JEFFREY TSANG THE PUBLIC Works Department recently awarded two contracts worth $14.7 million for two divisional headquarters to be built as part of a project to improve policing. The contracts are for a station in Clementi and the new Ang
      444 words
    • Article
      Nominations for SLF tour awards
      134 3 THE SINGAPORE Labour Foundation (SLF) is inviting nominations for the 1985 SLF Educational Tours Award. The 30 nominees will be awarded a week's tour to the Philippines, covering Manila, Baguio and Tagatay. They will leave tentatively on March 9. The total tour expenses will be
      134 words
    • Article
      Polytechnic students paying tuition fees through Giro
      247 3 THE TERTIARY institutions are going Giro too. While university undergraduates are just being sounded out about the idea, students of the two polytechnics have started paying their tuition fees the cashless way through their bank accounts. Both the Ngee Ann and Singapore polytechnics
      247 words
    • Article
      Bogus ministry officials
      96 3 THE MINISTRY of National Development yesterday warned that some people impersonating Primary Production Department officers had approached companies and the public to ask for cash donations for the department's "fund raising programme". The impersonators have claimed that the programme was to help the underprivileged, and that they
      96 words
    • Article
      Exhibitors make sales of $8m at Ideal Home furniture fair
      176 3 THE IDEAL HOME *85 exhibition which ended at the World Trade Centre on Nov 11 recorded $8 million in sales, with an additional few million dollars expected within the next three months from sales inquiries. A survey of the 110
      176 words
    • Article
      Terasaki sets up centre to distribute circuit breakers
      280 3 TERASAKI ELECTRIC of Japan has set up a regional warehouse in Singapore to handle the distribution of electric circuit breakers. The warehouse, managed by a new subsidiary, Teraski Circuit Breakers (S), will also handle the minor assembly of circuit breakers imported from
      280 words
    • Article
      Matsushita Precision builds $30m factory
      328 3  -  By LOH HUI YIN MATSUSHITA Precision Motor is building a $30-million factory which will enable it to double its production of precision motors to 36 million units a year. The Pandan Gardens factory, ready in April next year, will also bring Matsushita's existing operations in
      328 words
    • Article
      Local companies join US show
      340 3 NINE LOCAL electronics companies are now in San Francisco to take part in Wescon '85, one of the largest electronic conventions and exhibitions for original equipment manufacturers (OEMs) in the US. This is the second time Singapore has taken part in the event, which begins
      340 words
    • Article
      PUB buys $7m reactors
      107 3 THE PUBLIC Utilities Board has ordered two pieces of power control equipment worth $7 million from Asea Singapore. The static VAR compensators, to control reactive power on PUB's 230KV cable system, will be installed at the Kallang Basin and Labrador sub-sta-tions. According to Asea, these reactors
      107 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      619 2 Analysts and experts have a tot to say about the Apollo Domain The Apollo Domain* system is the computer industry's only known example of powerful 32-bit dedicated workstations, each with the computer power of a mainframe, that lets users transparently share both information and resources across a high-speed local area
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    • Advertisement
      Page 2 Advertisements Column 2
      210 2 Le Gourmet ■4 A Could you really eat French better anywhere else? Daily: $18 Buffet Lunch $35 7-course Dinner If you haven't dined at Le Gourmet, you've been missing out on a lot. Like our Le Somptueux Buffet Lunch. We let you pick your favourite starter and dessert, and while
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      164 3 EOJDETVI THE MOST EXTENSIVE EXECUTIVE RECRUITMENT NETWORK IN THE ASIA-PACIFIC REGION We are pleased to announce the incorporation of a Malaysian company, Boyden Associates Sdn. Bhd. This indicates a firm commitment to Malaysia and was encouraged by our clients who require our permanent on-the-spot presence in Kuala Lumpur. A leader
      164 words
    • Advertisement
      Page 3 Advertisements Column 2
      294 3 Pan Am. The Fastest Daily lb San Francisco AndNewYbxk. There's no more convenient or faster way to get to San Francisco or New York than x J on our Special Performance 7475. They fly higher and smoother than any other ifipll commercial aircraft, which means you get a more comfortable
      294 words
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  • THE REAGAN – GORBACHEV SUMMIT
    • Article
      Working for the day after
      840 4  -  No major agreements but a new climate of trust expected in Geneva By ASAO LATIF SOME SUMMITS ARE GREAT because of what they achieve. Some are great because they take place at all. The meeting between President Reagan and Soviet leader Mikhail Gorbachev beginning in
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    • Article, Illustration
      Lock icon Talk, talk and more talk about the talks
      517 4 UPI AND IT CAME TO PASS that the great men convened to meet, and seldom has there been such a babel of wards. Even before President Reagan and General Secretary Mikhail Gorbachev meet, Geneva is facing a torrent, an inundation, an imc*a«tng
      UPI  -  517 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      782 4 ARRIVALS Operator Service Local From number time StA SQ192 0830 PEN MAS MH681 0820 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH81 1 0940 PEN SIA SQI03 1005 KUL RBA BI421 1030 BWN CPA CX7I0 1030 CGK SV SV399 1045 CGK GA GA960 1100
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  • Page 4 Advertisements
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      164 5 Is the Air Class breakfast all it's cracked up to be? 10 get any fresher, the chicken\l haw to sii up front with the pilot Of course it's not Just becausewe take the trouble to ask our passengers how theyd like their eggs, rather than just ptanking them on the
      164 words
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  • OVERSEAS
    • Article
      Lock icon Japanese tax changes expected by year-end
      475 6 Reuter JAPAN'S ruling Liberal Democratic Party is likely to announce tax changes by the end of this year, starting with cuts in personal income and corporate tax, to meet demands from business groups and trading partners for measures to increase domestic demand, according to
      Reuter  -  475 words
    • Article
      Lock icon Doubts over Australia's ability to turn around payments deficit
      153 6 Reuter AUSTRALIA'S dependence on farm and mineral exports has cast doubt on the government's forecasts that the currency's depreciation will soon turn around the current account deficit. The Business Council of Australia, in an economic review published yesterday, said it doubted
      Reuter  -  153 words
    • Article
      Lock icon Call for more state spending on UK jobs
      293 6 Reuter BRITAIN'S industrialists have urged the government to spend £1 billion to fight unemployment, if necessary, at the expense of forecast tax cuts. The Confederation of British Industry made the plea yesterday, only a few days after a Treasury statement signalling higher
      Reuter  -  293 words
    • Article, Illustration
      Lock icon Lon Nol dies of heart attack
      450 6 UPI LON NOL, who led the coup against Cambodian Prince Norodom Sihanouk in 1971 and headed the country until it fell to communist rebels in 1975, died on Sunday of an apparent heart attack. He was 72 Paramedics were called to Mr Nol's suburban
      UPI  -  450 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      760 6 Roland Mazere FESTIVAL NOVEMBER 13-24 From the Dordorgne region of southern Prance, famed for its exquisite foie gras and truffles, comes Roland Mazere, the chef extra ordinaire who delighted us with his incomparable cuisine two years ago. The Roland Mazere Festival opens with a gala dinner on November 13th. The
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      42 6 Doonesbury m.PRttPEHT, ALMOST fill OUR 5Cmi5TS,f4r= OWING THOSE HJOfWNG W ON THE PROJECT, PONT believe a u starm& =r pefense/5 really =-JL FEASIBLE. WHY DO *22= n a MM WELL, J.. -SIZL! C S a i v. 3 v. BY GARRY TRUDEAU
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  • BANKING AND FINANCE
    • Article
      Tat Lee offers telephone banking service
      204 7 TAT LEE Bank yesterday launched its own telephone banking service, the fourth bank in Singapore to do so. The service, called Tat Lee Phone, will be available to all its personal and business account holders. Services available include checking of account balances, payment of
      204 words
    • Article
      Lock icon Yen discount rate rises
      112 7 Reuter THE YEN two-month commercial bill discount rate rose to a 4'/i-year high of 8.1875 per cent (lender) yesterday from 8.1250 on Saturday in spite of Bank of Japan purchase* of 400 billion yen of two-month bills, money traders said. The rise is due to strong
      Reuter  -  112 words
    • Article
      Simex
      369 7 ENCOURAGED by the post futures gained in US bond market, ffirWillir futures yesterday opened higher than IMM's closing at 91.96 and 91.86 in the December and March contracts respectively. Prices continued to edge higher in early trading but the firm interbank rates kept a lid on the prices. Although
      369 words
    • Article
      Asian $ market
      251 7 Asian market ASIAN dollar deposit rates yesterday closed firmer compared with last Friday's levels, in moderate trading. Overnight closed at 8H 8V« per cent, up Vt per cent from last Friday's close and week fixed at B'4 8 3 s, up K. 1 us$ OH«f M 7 days 8 9/16
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    • Article
      Gold
      290 7 HONGKONG: GOLD yesterday closed little changed in fairly quiet trading throughout, reflecting a general lack of fresh factors and investment interest. The bullion price ended at U*****.80/324.10 an ounce against Saturday's 324.00/40 close and was virtually unchanged from New York's Friday finish of 323.70/324.20. On the local market the
      290 words
    • Article
      Forex markets
      563 7 SINGAPORE THE US dollar yesterday closed mixed in thin trading, losing ground against the yen and sterling but held slightly firmer against other currencies. It closed softer at 203.90/204.00 yen against a 204.25/35 opening here and compared with New York's Friday 204.00/10 close. It closed slightly firmer at
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    • Article
      Foreign Exchange
      237 7 Interbank rotes at 3pm yesterday: riiMftoi Mammal rata* SfflHhMmifl Local dollars to one unit of foreign •id Oftor c rooo parity currency: US dolor 2 1165 2.1175 ***** -2494 Sterling pound 3 0086 ***** 7 3469 -59 05 A us tr cion dolor 1 4212 1 4240 *****
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    • Article, Illustration
      Money markets
      102 7 UNCATES the average of to print itndnc rates af 12 m}c baits operitinc in Sta|apere. S$ Interbank rates at 3pm yesterday: Ottw M 0*ef mght 4 3/4 4 1/2 1-month 5 1/4 5 1/8 2-month 5 5/16 5 3/16 3-month 5 3/8 5 1/4 Overmght mode: 4 Discount
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      248 7 When you've set your heart on something very precious, a Multi-Loan can prove a real gem. At Standard Chartered Bank we've introduced a new personal loan scheme called Multi-Loans. It's been specially designed for executives and professionals with an income of at least $3,000 per month. The interest is fixed
      248 words
    • Advertisement
      Page 7 Advertisements Column 2
      44 7 BALLY of Switzerland ...meets the challenge oftoday I Tsfoße Found At (VfbfH A member of the MBM Group boutiques hammes #02-14/15, Shaw Centre 7e/: *****42 #02-23, P/aza Singapura Tel: *****29 #01-26/27, Specialists'Centoe Tel: *****54 #03-06/07 Scotts Shopping Centre Tel: *****60 Also open on Sundays
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  • RAW MATERIALS
    • Article
      Lock icon Good wheat harvest expected this year
      353 8 UPI WHEAT FARMERS around the world are expected to harvest a near record 506.3 million tonnes during the 1985-86 crop year, with a notable increase in Argentina's crop. The US agriculture department has also slightly increased its estimates of record world production of coarse
      UPI  -  353 words
    • Article
      LONDON MARKETS
      609 8 COFFEE ROBUSTA FUTURES were at session highs at yesterday's midday, £15 to £26 a tonne up from Friday's close, supported by news of hot, dry weather in Brazil, dealers said. Prices had been expected to open slightly lower after a late downturn in New York on Friday, but
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    • Article
      Produce exchange
      153 8 Chineee Produce Exchange (Sellers' noon closing prices on No* 18 (SS/100 kg) Robusto 20/25% FOB NSW Nutmeg no FOB NSW E&W FOB NSW 495 00 496 00 438 00 Coconut oil Bulk FOB Old drum FOB New drum FOB Copra Mixed (loose) Pepper Muntok White FOB NLW Sarawak
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    • Article
      RICE
      266 8 Singapore c Td (S$/kiio, «.-«odown) Loonzain Rice Frogron* new crop !oo% 215 0« ,00% *<.»0* -O 3rd 0 54 Parboiled Rice New Crop 5% 210 25% rvo stock jo% 205 10% no stock Maize ""q Thai Broken a-super 052 Hongkong Speciol 50 (HK$ per picul, ei-godown unless Thai Rice
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    • Article
      RUBBER
      212 8 SINGAPORE THE MARKET closed lower with December One RSS buyers quoted at 153.75 cents per kilo, down one cent from last Friday. MALAYSIA The market was inactive and prices closed slightly lower at 179.00 cents per kilo for December Int One RSS buyer, down half a cent from last
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    • Article
      PALM OIL
      170 8 MALAYSIAN crude palm oil prices yesterday closed higher on further covering interest and speculative buying following the start of the monsoon period which leads to the seasonal downtrend in palm oil output, dealers said. However, talk of current sufficient palm oil supply and a lower Chicago soyoil futures
      170 words
    • Article
      TEXTILES
      169 8 Yarn (In HK$ per bol« of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 2,950 Blue Phoenix 40's 3,300 Corded yarn, hank Blue Phoenix 21'$ 2,750 Combed yarn, cones Blue Phoenix 32's 4,300 Blue Phoenix 40's 4,500 Hongkong Golden Peak,
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    • Article
      Untitled
      18 8 c a. KL TIN Closing price* o<i No* It (M$/kg) t n Price Turnover (tonnes) Suspended Suspended J
      18 words
    • Article
      RAS and MBELB
      336 8 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers ScM+rs Int 1 RSS Prompt 153 00 154 00N 152 75 153 75N lot 1 RSS Dec 85 154 00 154 50 153 75 154 25 lot 1 RSS Jon 86 155 00 155
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    • Article
      SSR and SMR
      105 8 (cents/kg, 1-ton poMeti) 35 JAN 86 (current month) (forward month) NOON NOON RAS Buyer* Seller* fciytrs HiHin SSR 20 146 00 148 OON 147 00 149 OON SSR 50 144 00 46 00M 145 00 147 OON MRELB Buyers Sellers Buyer* Sellers SMR CV ***** 205 OON
      105 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      145 8 Cou i u Stay with us for a month. You'll be impressed with the simple yet cosy setting of our spacious rooms. Not to mention, our superb facilities. Like our 24-hour switchboard and maintenance, clinic, fullyequipped health-centre, swimming-pool, washer-dryer and more. Besides, your domestic chores can be arranged by contract.
      145 words
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      Page 8 Advertisements Column 2
      381 8 If you feel that planners should be personal, we agree. Presenting the Seven Star personal-planner. ilf is We couldn't agree more that a planner should be as personal as your wallet. But while sticking notes on it satisfies some of the people some of the time, the Seven Star personal-planner
      381 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      521 9 m Action Station. '<Tf*T'T 4 111 Iff f 1 "ffmnu HIHIfWHI'M r^*tiri'tH WP^^fWPWI 1 WWW I I* |frffwiii|ffl |i f 'wf *•ffrffrffl im>imnini 1 If r mmnmm; imnnwum' fff*Mn?nm < f »ftffinmnn» itf« x FT fZJL H II H A «AAAAAM*ft*AI 1 r w|ff»ffwl > mmnmm 1 IT r 1
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  • FEATURES
    • Article
      Building up to a climax
      508 10 SUMMITS HAVE BECOME political fixtures since the end of the Second World War but whatever good intentions have lain behind the best of them, the threat of a nuclear holocaust remains. So do these meetings achieve anything except a chance for the participants to deliver
      508 words
    • Article
      One business that may go broke
      1344 10  -  Bank dealers have a poor impression of the job of bank brokers and this attitude leads to a confrontational relationship between the two that does Singapore's image as a financial centre little good, reports DAVID GABRIEL. DAVID GABRIEL MONEY BROKING is a business under
      1,344 words
    • Article
      Let's try to give all a bigger share
      664 10  -  letter to the Editor Peritta G. Tire (Mrs) Jetet Chief Exeeattve PA Ce—lthig Services Pie Ltd Dear Sir, We refer to the following articles: 1) "The Outlook for Executive Pay" (BT, Back Page, Nov 1). 2) "Unionist Raises Issue of Executive Pay"
      664 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      310 10 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Hongkong Bank's Hexagon corporate electronic banking system. It's a state-of-the-art system for six vital reasons. 1. Hexagon is powerful. The system offers wide-ranging services, from reporting simple account balances to up-to-the-minute foreign exchange rates. Hexagon communicates through
      310 words
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  • SPORTS
    • Article
      Convening of premier events under study
      681 11  -  By WALTON MORAIS THE WORLD'S greatest Formula One motor racing drivers, top class tennis players, legendary jockeys and other sports luminaries could all perform in Singapore if studies now under way render the ideas feasible. A feasibility study, backed by the Singapore Tourist Promotion
      681 words
    • Article, Illustration
      Play golf the Sevvy way
      5 11
      5 words
    • Article
      Lock icon Rudd beats Labonte in Winston race
      386 11 AP RICKY RUDD outduelled Terry Labonte over the final 23 laps on Sunday to win the Winston Western 500, while Darrell Waltrip easily wrapped up his third season championship after an US$B part failed Bill Elliott. Rudd, who came up with his first victory
      AP  -  386 words
    • Article
      Lock icon 'Socceroos' out to give Scotland tough time
      314 11 AFP FRANK AROK, the colourful manager of Australia's football team, has warned Scotland to expect a tough match in tomorrow's World Cup play-off first leg in Glasgow, Scotland. The Yugoslavian-born former sports writer, who has moulded a strong side in his two and
      AFP  -  314 words
    • Article
      Lock icon Cayard wins yachting competition
      118 11 Reuter AMERICAN skipper Paul Cayard overcame high winds and choppy seas last Saturday to post his second consecutive victory in the 1985 World Star Class yachting championships in Nassau. Cayard's victories in the first two races have given him an all but unbeatable lead in the
      Reuter  -  118 words
    • Article
      Lock icon Navratilova shows signs of anger with organiser
      161 11 AP MARTINA NAVRATILOVA threatened to boycott future National Panasonic-sponsored tennis events after winning the US$l5O,OOO tournament on Sunday with a 6-4, 7-5 decision over Pam Shriver, her doubles partner. Shortly after completing a sweep of the singles and doubles titles by teaming with
      AP  -  161 words
    • Article, Illustration
      Lock icon Lend I proves he is world top player
      634 11 UPI IVAN LENDL reminded Boris Becker he is the world No 1 by edging the young West German in a memorable five-set final to win the U*****,000 men's Grand Prix tennis tournament at Wembley arena on Sunday. Lendl, the US Open champion,
      UPI  -  634 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1133 11 (MD IjMiXKD THE JEWEL IN THE CROWN Orctoal by Fira 9pm, Ch 12 Susan asks Sarah to go to Calcutta to see Ronald Merrick, wounded in a heroic attempt to rescue Teddie. Sarah is shocked to find that Merrick has been badly burned and injured in the Japanese ambush that
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    • Miscellaneous
      Page 11 Miscellaneous Column 2
      699 11 BnStcW".' Frank Ehc&ens I look FVT THE. DUST O>l Tv4f\T F>UNG Cpj&iMCT... rnose saucer £«4GS OM rny PeSK.. p\ND THC FtflGefcmPkfcKS OH "Tue UiMDOVJS m rne Place, rs MO BeJ*re£ tv4fn r Pig siv—WOO; ought -rt> Ee RSHPvweD or Nouß.se.tF £p\&lTTAfclP\N cromwow CRYPTIC PUZZLE ACROSS 3 Rush forward with wild
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  • ASIAN STOCKS
    • Article
      Hongkong
      404 12 HONGKONG: Share prices yesterday closed firmer on a late round of speculative buying following rumours that Jardine Matheson jnay be a takeover target and may request a trading halt from today. A Jardine spokesman declined comment. Jardine shares rose to HK$l3.BO against Friday's close of 13.40. Trading was fairly
      404 words
    • Article
      Taipei
      227 12 NOV Al Sincere Indus MT 1 92 21 40 •0 1 ■03 Lien Hwo Indus Non Yo Ptos Pocific Cons Pocrfic Elect 12 10 26 90 1480 1290 -0 35 -06 -02 -04 Cathoy Coos Chong Hwo Bank 24 50 43 70 17 40 -05 4 1 -05 Paolung
      227 words
    • Article
      Tokyo
      407 12 TOKYO: Share prices yesterday ended slightly higher in moderately light trading after falling back from morning highs but brokers said the market showed few signs of real recovery from recent weakness. The Market Average gained 20.67 to 12,700.31 after rising 42.20 last Saturday. Turnover was 230 million shares against
      407 words
    • Article
      Manila
      105 12 MANILA: Stock prices yesterday closed generally easier in dull trading. The Mining Marker fell 0.96 to 683.70, oils eased 0.004 to 0.846, while the Commercial and Industrial Index was steady at 171.85. NOV It Acoie Mrang 0001 unch Phdex B Picop B PLOT 0 1450 -0 005 Anglo Ptnl
      105 words
    • Article
      Sydney
      326 12 SYDNEY: Sharemarkets yesterday fell below the 1000-point mark for the first time since Oct 1 in a day of stagnant trading and low volumes. Prices eased across the board in line with the fall on Wall Street, lower metal prices and continuing fears of higher interest rates. By the
      326 words
    • Article
      Seoul
      74 12 nov ia Won -9 -4 -14 12 Hyundai Const Hyundoi Motor KAL 900 1250 545 unch 133 29 Korea FrW 750 -14 Commercial Bk 748 630 Yukong 1470 440 120 -5 615 58 Lucky Ltd 730 +21 Ooewoo tnd 740 640 unch -6 Samsung Co 740 1290 -6 29
      74 words
    • Article
      Bangkok
      137 12 BANGKOK: Share prices yesterday closed mixed in weak trading. The Book Club Index fell 0.26 point to 128.94 as advances led declines by a three-to-two margin. Turnover rose to 94,301 shares from the previous 64.031 shares. NOV 1$ lokrt Saam Citizen Sxxn City 67 50 494 05 unch Asm
      137 words
    • Article
      Lock icon Matheson sells buildings
      65 12 Reuter JARDINE MATHESON Holdings Ltd said its whollyowned subsidiary. Matheson Properties Co Ltd. has sold two adjoining office buildings in Essex, England, to Norwich Union Life Insurance Society for a total of HK5113.5 million. The sale of the two buildings, Matheson House and Dorset House, follows the
      Reuter  -  65 words
    • Article
      Lock icon Hitachi sets up foundation to promote cultural ties
      561 12 NYT WITH A US$2O million endowment and prominent Americans as trustees, Hitachi Ltd of Tokyo is establishing a foundation in the US to promote amicable US-Japanese ties and cultural understanding. The Hitachi Foundation, based in Washington, is the latest of a number
      NYT  -  561 words
    • Article
      Lock icon Talks on Chinese nuclear plant resume
      315 12 AFP TALKS BETWEEN China and the French company Framatome on China's first major nuclear power plaAt have resumed after a twoweek break. The discussions were part of negotiations aimed at providing China with two 1,000-megawatt capacity nuclear reactors for a plant to be built
      AFP  -  315 words
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      Page 12 Advertisements Column 1
      544 12 mm > 0 if m is i/=S> »^Cf% r* J kt i ;«>i V Specialized in: HONG KONG DIAN XIN CANTONESE CUISINE Business Hours: 11.00 am 2.30pm (Sundays Public Holidays: B.ooam 230pm) Dinner: 7.00pm 10.30pm v 4 PRESIDENT MERLIN HOTEL 181, Kitchener Road, i Singapore 0820. Tel: *****22. Form raised
      544 words
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      Page 12 Advertisements Column 2
      201 12 *5 atßr^Chfengljfiu Teochew Restaurant Come to the best Teochew restaurant in vßv town for a really special Buffet Luncheon. JJU Choose from 60 scrumptious dishes for just 18++ per person (minimum of 2 persons at a table). JMEfk for 2 persons 3 dishes with rice/ porridge and dessert I Tor
      201 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Bally to buy MGM Grand Hotels
      718 13 USs44om deal over two casino-hotels in Reno and Las Vegas NYT THE BALLY Manufacturing Corp, expanding its interests in the hotel and casino business, has agreed to buy MGM Grand Hotels Inc for about US$44O million. The purchase, if completed, would give Bally ownership
      NYT  -  718 words
    • Article
      Lock icon Bonn investors want tougher rules
      469 13 Reuter THE LARGEST West German investors association has called (or a package of new requirements (or companies seeking entry to the stock market, in order to ensure protection for shareholders' interests. The director of the Association for the Protection of Investors (DSW), Hans Peter Schreib,
      Reuter  -  469 words
    • Article
      Lock icon Reliance Group told to reduce stake in Mercury
      204 13 Reuter MERCURY SECURITIES PLC said it had asked Reliance Group Holdings Inc to reduce its holdings in Mercury from about 10.7 per cent to below 10 per cent. Mercury said in a statement yesterday it was responding to notification that Reliance, a
      Reuter  -  204 words
    • Article
      Lock icon Profits of Tokyo-listed companies fall 15pc
      153 13 AFP THE COMBINED pre-tax profits of 500 Japanese companies listed on the major section of the Tokyo stock market in the April-September period dropped by 15.43 per cent from the preceding six months. A survey report by Wako Economic Research Institute, a private economic
      AFP  -  153 words
    • Article, Illustration
      Lock icon Shareholders' action groups gain influence
      835 14 FT WHEN Sir Michael Edwardes, the chairman of Chloride, the British battery maker, opens his company's annual meeting, he can be fairly certain that Dr Maurice Gillibrand, a former director of research, will be sitting in the hall. When Mr Ken Siddle, the chairman of
      FT  -  835 words
    • Article
      Lock icon Japanese oil companies hit by lower prices
      151 14 Reuter EIGHT of Japan's 10 major oil refiner* and distributors lost a total of 45.1 billion yen in the first half of 1985/86 ending Sep 90 due to lower petroleum product prices and fierce domestic competition, the Japan Petroleum Association said. Only Toa
      Reuter  -  151 words
    • Article
      Lock icon ANZ Bank explains rise in group net profit
      378 14 Reuter AUSTRALIA and New Zealand Banking Group Ltd (ANZ) said the rise in its 1985 group net profit reflected a decision in the second half to change the bank's policy on doubtful debt provisions. ANZ said it made the change, dropping the
      Reuter  -  378 words
    • Article
      Lock icon GM's deal
      34 14 Reuter GENERAL Motors Corp'i acquisition of Hughes Aircraft Co, agreed in June in a deal valued at about US$5 billion, should be completed by the year-end, GM executive vice-presi-dent Donald Atwood said.
      Reuter  -  34 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      725 13 US i 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 Curry Tiffin on Sundays. Raffles Hotel
      725 words
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      Page 13 Advertisements Column 2
      132 13 It Savoury Delights Await Yod At M r o r Hong Kong Did* Xlk available daring lunch! ORCHARD ROAD /or reservations call. 235 2698 or 734 6622 at 141/144 Lurch: 11am-3pm Dinner 6pm-11pm u HAimwmiii mm/Hi Ample Free Parking 19 Cairahifl otrk and Valet Service Singapore 0922 TH 734 6622
      132 words
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      316 14 A SHARING 'Tis the season to be jolly However, there's still a distinct economic chill in the air. No, we aren't (regretfully) marketing a miracle new detergent which will wash away all your financial constraints. If your company has survived the past difficult year without too much pain, it could
      316 words
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      Page 14 Advertisements Column 2
      454 14 NOTICES BBCO CO PTE LTD (IN VOLUNTARY LIQUIDATION) Mounts' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 52A, Telok Ayer Street Singapore 0104 on Tueaday, 12th November 1085 the following Special Resolution was duly passed "RESOLVED that the company
      454 words
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  • SHARE INFORMATION
    • Article, Illustration
      Malaysian second-liners lead market's advance
      4232 15 AFTER being largely ignored for the past two weeks, Malaysian stocks again found favour yesterday. As a result, the Singapore stock market closed steady to firm. The rise in the Malaysian stocks was largely among the second liners which are not components in the Straits
      4,232 words
    • Article
      Chief price changes
      279 15 SINGAPORE Ri»e« ln< Jicaa kmotei 284 MIF Mda 50« 330 CASHSOi 304 iomomdo Hldgs 340 Sfare Fodder 220 loiy Elect 496 Sfi Hwtw 277 HK Tm Corp SO* 232 U M Flow 980 Hum M 340 K L Ud 50c 171 Falls Bote Untong 600 N S
      279 words
    • Article
      Business done on the SES
      3986 15 SECTION ONE INDUSTRIAL COMMERCIAL Alcom (0 87S) Allied Choc (2 508 2 60S) (S) 2 50 Amol Steel 50< (0 998 0 9945) (26) 0 95 (34) 0 98 (3) 1 00 (5) 0 99 (2) 101 (7) 0 974 (I) 0 984 (6) 0
      3,986 words
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  • COMPANY NEWS
    • Article
      KL stocks gain ground in active trading
      356 16 INVESTORS went on a buying spree on the Kuala Lumpur stock market yesterday, with most special situation stocks putting on spectacular gains. The trading pace picked up considerably when buyers moved in strongly right from the opening bell. Initially, interest was confined to
      356 words
    • Article
      Business done on the KLSE
      3260 16 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 spectMd. MDUSTRMLS A Choc (2 908 2.955) (2) 2.95 AMD (4.728
      3,260 words
    • Article
      Lee Ming Tee heads bid for Hongkong company
      504 16  -  By AMY CHEOK MALAYSIAN businessman Lee -Ming Tee has teamed up with his Hongkong partner, WRA Wyllie, to launch a HK$B.3 million bid for a Hongkong investment company, Sunstate Finance Ltd. Both Mr Lee and Mr Wyllie are offering 94 Hongkong cents
      504 words
    • Article
      Selected indices
      98 16 HONGKONG Friday 1469 1 Hong Seng Index We*, ago 1504 7 Monday 1744.20 Friday 1736.07 NEW YORK Week ago 1722.40 Dow Jones Friday 1435.09 TOKYO Thursday *1439.22 Nikkei Averoge Monday 12/00.31 Week ago 1404.36 Standard Poors Friday ***** 44 Week ago *****.26 Friday ***** Thursday 199.06 TSE Index
      98 words
    • Article
      Unit trusts
      275 16 Monogers' prices for Nov 19 Singapore Unit Trust The Commerce 1 64 1.74 The Sovrtgs Fund 124 131 Spore Prog Fund 0 70 0 74 S'pore Sec Fund 1 03 1 09 S'pore Invest Fund 0 78 0 83 S'pore Equity Fund 0 75 0 80 Asia Unit
      275 words
    • Article
      Island proposes payments plan
      146 16 ISLAND Navigation Co Ltd, the privately-owned arm of the Tung Shipping conglomerate ot Hongkong, has proposed a plan that should lead to the resumption of interest payments to the group's creditors on an equitable basis and assure continued stability of the group's fleet operations. This was
      146 words
    • Article
      Lock icon OTB unit resumes share trading
      165 16 Reuter HONGKONG Industrial and Commercial Bank Ltd (HICB), a 62-per-cent-held subsidiary of Overseas Trust Bank Ltd, has resumed share trading after being suspended on Hongkong stock exchanges for more than five months. The stock was trading at 68 HK cents yesterday against a close of
      Reuter  -  165 words
    • Article
      COMPANY MEETINGS
      188 16 SIGMA METAL CMpuy limited: EGM at 3 Jalan Pesawat, Jurong, Singapore 2261, today at 11.30 am. UAC Berfcad: 22nd AGM at 15th Floor, Wisma -Supreme, Jalan Punchak, Kuala Lumpur, today at noon. KEMAYAN OIL PALM Berfcad: 20th AGM at 5E Foh Chong Building, 66 Jalan Ibrahim, Johor Bahru
      188 words
    • Article
      DIVIDENDS ANNOUNCED
      880 16 Current payment Ex dote Books dose Date poyoble Totot for the year Total for last rear A N A Enterprises A mat Steel Aokam Asiatic Dev Ayer Hitom Tin IMT Berjuntoi Bousteod Cerebos Chin Teck Chuon Hup Cotd Storoge D Keramat F A C B F Merlin CULS
      880 words
    • Article
      Dunlop Malaysian Industries to take over its rival for Ms4Bm
      512 17 DUNLOP Malaysian Industries Bhd (DMIB) will take over rival IT International Sdn Bhd (ITI), Malaysia's third largest tyremaker, for Ms4B million in a share exchange deal. DMIB announced yesterday that it would acquire the entire issued share capital of ITI
      512 words
    • Article
      IGB buys 50pc of Reliance Shipping
      323 17 IGB CORP Bhd, which only recently committed itself to the development of the Pangkor Island resort, has made a deeper thrust into the leisure business with the acquisition yesterday of a 50 per cent stake in top tour operator Reliance Shipping and Travel Agencies
      323 words
    • Article
      Mount Pleasure buys plantation company
      386 17 MOUNT PLEASURE Holdings Bhd has taken over a plantation company, S V Lee Trading Sdn Bhd, which owns about 2,295 hectares of cocoa and plantation lands in Sabah, for M 53.32 million cash. The company said yesterday that it is bullish about the future of
      386 words
    • Article
      Pahang Investments stake in Mandarin Resources
      81 17 PAHANG INVESTMENTS PLC's purchase of a 22.4 per cent stake in Hong-kong-listed Mandarin Resources involves 65.68 million 40-cent shares and not 65,680 shares as reported last Friday. Pahang's official announcement to the Stock Exchange of Singapore contains a typographical error. This thus means that
      81 words
    • Article
      Lock icon Malaysian smelters resume advances to miners
      172 17 Reuter MALAYSIA'S two tin smelters have resumed advancing miners 30 per cent of the last traded price of MJ29.50 per kilo on Nov 14. Industry sources in Kuala Lumpur said yesterday that Datuk Keramat Smelting Sdn Bhd and Malaysian Smelting Corp Sdn Bhd's 80
      Reuter  -  172 words
    • Article
      COMPANY BRIEFS
      211 17 HARRISONS MALAYSIAN Plantations Bhd announced yesterday that its controlling shareholder, Permodalan Nasional Bhd,has purchased 16,000 shares for M$53,855, thereby raising its stake to 211.8 million shares or 50.07 per cent of the listed company's issued capital. THE STOCK Exchange of Singapore has given approval in principle for the
      211 words
    • Article, Illustration
      Exco keeps watch on Khoo's next move
      713 17  -  Hotelier likely to become a director of the company By NAJEEB JARHOM BILLIONAIRE HOTELIER Khoo Teck Puat's £116.5 million splurge on Exco International has made him the biggest single shareholder of the company, one of the largest UK financial services groups with a
      713 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      137 16 kP We at Citibank offer you short term facilities to purchase new share issues like the current SIA public issue for example. If you have only sufficient cash to purchase say 1000 shares but would like to invest in more, you'll find this scheme too good to be true. Because
      137 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      47 17 COMPUTER AIDED INVESTMENT DECISIONS |3C| [he Share Market Analyser the moM advanced investment software tool for the IBM-PC XT Plot and analyse stock market charts quickly and simply Share Market Analyser k ~f FOR A PERSONAL DEMONSTRATION CM I DATALOCUE the Investment Software Specialists .V. Singapore: (*****5-3455
      47 words
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      Page 17 Advertisements Column 2
      328 17 As you know, there fke Open Plan Syste ill u c I *L This is where we come in. We make it easier for you by considering all the facts you cannot afford to ignore. Facts such as: Competitive price What exactly do we mean? That we guarantee a medium
      328 words
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  • Article
    Oil refiners face tough terms from Chinese
    478 18  -  By LOH HUI YIN SOME MORE tough bargaining faces Singapore's oil refiners over renewed processing contracts from the Chinese. Although braced for difficult negotiations when they went to Beijing last month, the oil refiners were surprised by the tough terms which the Chinese
    478 words
  • Article
    Lock icon Economy must change, says de la Madrid
    83 18 UPI MEXICO'S economy is "sick" and must be overhauled by correcting the nation's faulty social, economic and political structures. President Miguel de la Madrid said: "Mexico must leave behind the obsolete, the corrupt and the inefficient." He said in a speech released last
    UPI  -  83 words
  • Article
    Lock icon Minebea chief speaks his mind
    301 18 UPI Reuter THE PRESIDENT of Minebea Co, the target of Japan's first hostile takeover attempt, yesterday charged that an American financier and others leading the bid were "shameless people" too shady to run his company. In any case, he said, Minebea will withstand a foreign
    UPI; Reuter  -  301 words
  • Article
    Judgement reserved in Journal case
    676 18 THE HIGH COURT reserved judgement yesterday in the contempt of court proceedings against the Asian Wall Street Journal. The Hongkong-based newspaper on Oct 17 made an editorial comment on the recent trial and conviction of J B Jeyaretnam. The five respondents are Mr Fred Zimmerman,
    676 words
  • Article
    Lock icon Japan, EC fail to agree on ways to cut trade imbalance
    226 18 UPI SENIOR OFFICIALS from the 10-nation European Community and Japan ended talks in Tokyo yesterday without agreeing on how to reduce their more than US$lO billion annual trade imi balance. While Japanese officials emphasised on measures taken to open
    UPI  -  226 words
  • Article
    Lock icon US airlines are taking to older planes
    308 18 UPI AMERICAN AIRLINES trying to widen their profit margins are filling the skies with less expensive, older jets at a time when the number of accidents due to metal fatigue and corrosion is rising. The Dallas Morning News, in a copyright story published
    UPI  -  308 words
  • Article
    Lock icon Indian businessman freed on bail
    130 18 Reuter AN INDIAN COURT yesterday freed textile millionaire Kapal Mehra on bail, two weeks after he was arrested as part of a drive against tax evasion in India's huge "black" economy. The Press Trust of India (PTI) said Mr Mehra was released from custody after
    Reuter  -  130 words
  • Article, Illustration
    Neptune Orient's FRN is raised to US$75 million
    181 18 THE PROPOSED US$5O-million Neptune Orient Line floating rate notes issue has been increased by half its original amount because of the overwhelming response. The capped FRN, which is guaranteed by Mitsui Trust and Banking Co, was raised to US$75 million yesterday, said
    181 words
  • Article
    Four Japanese banks tie up 70m D-mark loan
    169 18 FOUR JAPANESE BANKS in Singapore have put together a 70-million deutschemark long-term loan for the Industrial Finance Corporation of Thailand. The loan, signed yesterday, will be provided by Daiwa Bank, Hokkaido Takushoku Bank, the Taiyo Kobe Bank and the Long Term Credit
    169 words
  • Article
    Lock icon Taiwanese invest more abroad
    85 18 Reuter TAIWANESE businessmen have sharply increased their investments abroad and the total could hit a record US$5O million by the end of the year. The Economics Ministry said yesterday that foreign investments surged 54.17 per cent to $37 million in the first 10 months of the
    Reuter  -  85 words
  • Article
    Comex gold and silver
    53 18 COMEX gold futures were unchanged in very slow dealings yesterday morning, reflecting the dollar's flat performance against the Swiss franc and German mark. Gold for December delivery was at Friday's close of U*****.70 an ounceSilver futures fluctuated in a narrow 2.5 US cent trading range in
    53 words
  • Article
    Dow Jones lower
    69 18 THE NEW YORK stock market yesterday moved lower in early trading, continuing the pullback from record levels that started at the end of last week. The Dow Jones Industrial Average was off one point to 1434. Declines led advances by a two-one margin on turnover of 10.14
    69 words
  • LATE FILE
    • Article
      Lock icon Record tonnage for scrap
      35 18 AFP THE VOLUME of tonnage sold (or scrap hit a record monthly total of six million deadweight tonnes for the month ended Nov 15, said London shipbrokers E A Gibson. AFP
      AFP  -  35 words
    • Article
      Lock icon China looks to its past
      43 18 UPI CHINA, which less than 20 years ago was trying to destroy its ancient culture, is considering a proposal to join an international convention aimed at protecting its national heritage, the official Xinhua news agency said yesterday. UPI
      UPI  -  43 words
    • Article
      Lock icon NZ to ban all nuclear weapons
      46 18 AP LEGISLATION to ban all nuclear weapons from New Zealand will be introduced in Parliament in early December. Prime Minister David Lange said yesterday that the draft legislation was now complete and would be referred to the government caucus. AP
      AP  -  46 words
    • Article
      Lock icon Penang chief minister to quit
      46 18 AFP THE LONG-SERVING Chief Minister of Penang has said he plans to quit office and politics. Dr Lim Chong Eu, 66, told members of his Parti Gerakan in Penang on Sunday that he would not contest the next general election. AFP
      AFP  -  46 words
    • Article
      Lock icon Indonesian dockers sacked
      38 18 AFP SOME 50 DOCKERS have lost their jobs with a company in East Java because they are suspected of having links with the banned Communist Party of Indonesia (PKI), the Indonesian Labour Ministry said. AFP
      AFP  -  38 words
    • Article
      Lock icon Marcos forms military board
      27 18 Reuter PRESIDENT MARCOS yesterday formed a special board of senior military officers to prepare a major reorganisation of the Philippine armed forces. Reuter
      Reuter  -  27 words
    • Article
      Lock icon Protest in Taiwan
      34 18 Reuter DEMONSTRATORS hurled stones at government offices and overturned cars in Taiwan during a protest against alleged ballot rigging by the ruling Nationalist Party in last Saturday's elections, police said. Reuter
      Reuter  -  34 words
    • Article
      Dhaka journalists plan strike
      36 18 MORE THAN 5,000 journalists and newspaper workers will start an indefinite strike from Nov 30 unless the Bangladesh government accepts their demands for higher pay, the Dhaka Union of Journalists said yesterday.
      36 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      131 18 Live it up: with Old Parr or Hennessy XO. From Ist October to 31st December 1985, just order an Old Parr or Hennessy XO or a cocktail with either Smirnoff Vodka, Gilbeys Gin or Malibu as its base. And you stand a chance of winning a Concord Delirium Watch, Porsche
      131 words
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      Page 18 Advertisements Column 2
      123 18 Senior Financial Executives of outstanding ability Currently Earning S$7QOOO-S$2OQOOO Odgers and Co Management Consultants Pte Ltd. are specialists in executive recruitment. We are currently extending our contacts with senior executives of outstanding ability and achievement in the field of finance. We would like to hear from people aged 28-45 who
      123 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      54 18 Outlook for today: Showers in the pre-down hours and early afternoon. Report for 24 hours prior to 7 30pm on Nov 18 at the airport Maximum temperature 33.0 Associated humidity 62 Minimum temperature 24.5 Associated humidity 92 Hours of sunshine 7.15 Rainfoll in millimetres 0.1 Rainfall this month 111.4 Rainy
      54 words
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  • SHIPPING TIMES
    • Article
      West European ports combat oil pollution
      94 19 WEST EUROPEAN countries will crack down on foreign ships from next March in an effort to combat oil pollution. Tougher ship inspections at ports will be aimed at eliminating substandard ships from European ports. A pact signed recently by 14 European states the Memorandum
      94 words
    • Article
      Thong Soon to charter ship for S'pore-Thai service
      323 19  -  By JUNE LIM A THIRD CONTAINER ship will be phased into the Singa-pore-Thailand feeder service by Thong Soon Agencies before the end of the year. The Singapore company is finalising plans to charter a newly-built container ship with a capacity of 250
      323 words
    • Article
      OCL considers move into North Atlantic trade with TFL
      323 19 OVERSEAS CONTAINERS Limited is thinking of moving into the North Atlantic trade through a partnership or takeover of Trans Freight Lines (TFL). Lloyd's List quoted senior executives of OCL who confirmed discussions with TFL, although informal and at a very early
      323 words
    • PORT SIDES
      • Article
        Lock icon Madras back to normal
        81 19 Reuter MADRAS PORT is working normally in spite of heavy rains and flooding throughout the southeast Indian state of Tamil Nadu in the past two weeks, a port authority spokesman said yesterday. "The port closed from Nov 11 to 13 but has been working normally for
        Reuter  -  81 words
      • Article
        Lock icon Orders up from September
        104 19 Reuter FOREIGN SHIPBUILDING ORDERS received by Japanese yards in October rose to 243,944 gross tonnes for nine ships from only 50,460 for seven in September and 165,600 for 10 a year earlier, the Japan Ship Exporters Association said yesterday. Deliveries in October brought the backlog of
        Reuter  -  104 words
      • Article
        Lock icon Carrier crew rescued
        102 19 Reuter EGYPTIAN NAVAL PATROLS have rescued the remaining crew of the Greek bulk carrier Karin Vatis, which sank in the Red Sea five days ago, shipping sources in Port Said said. The 22,114-dwt vessel was carrying a cargo of scrap metal from Liverpool to the Indian port
        Reuter  -  102 words
    • Article
      LONDON FREIGHTS
      1008 20 CHARTERING was slow on the London freight market on Friday and Atlantic grain rates remained depressed. Coal and iron ore fixings were too few to change a weak market tone. Sugar and fertiliser markets lacked new business, while the time-char-ter section yielded just a handful of bookings. In
      1,008 words
    • Article, Illustration
      Lock icon Giants in shipbuilding fail to escape slump
      1224 20 NYT WHEN SOUTH KOREA'S major shipbuilders announced lay-offs of thousands of workers recently, they sent an alarming message to the other players in this industry even the world's most efficient shipyards are struggling. That the shipbuilding business, from Hamburg, West Germany, to Kobe,
      NYT  -  1,224 words
    • Article
      INDEX TO ADVERTISERS
      698 20 AB Shpg V 5 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL IN 2/3 Aqua Lines X 3 ASCL III 1 Bolt-Canada Line VN 4/5 Baft-Orient Line vn 4/5 Bank Line V 5 BBS N 4/5 Bayswater Shpg IV
      698 words
    • Article
      Region faces oversupply, says UN official
      298 20 A SENIOR United Nations official recently voiced concern over the continuing slump faced by the shipping industry in the Asia-Pacific region. Addressing the seventh session of chief executives of national shippers' organisations in Bangkok, SKibria, the executive secretary of the Economic and Social Commission
      298 words
    • Article
      Investments for tonnage replacement
      207 21 INVESTMENTS worth US$l75 billion will be needed to replace old tonnage in a reconstruction of global shipping in the *****. Professor Victor Norman of the Norwegian School of Economics and Business and Administration told the Europort congress in Amsterdam recently that he estimates investments in tankers
      207 words
    • Article
      Lock icon Tanker worldscale rates to fall
      438 21 Reuter WORLDSCALE nominal freight rates for tanker chartering will mostly show declines of 7 to 10 per cent from Jan 1, according to the Worldscale Association (London). The reductions follow the half-yearly appraisal of tanker rates made by the association and the Worldscale Association (NYC)
      Reuter  -  438 words
    • Article
      Lock icon Bodies of sunken Korean freighter crewmen found
      128 21 AP RESCUERS yesterday recovered the bodies of two South Korean crew members aboard a 730-ton South Korean freighter that sank in rough seas off south-western Japan, bringing the number of dead in the sinking to eight. A Japanese Maritime Safety Agency official said
      AP  -  128 words
    • Article
      CONSORTIA
      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
      188 words
    • Article
      Norwegian companies against registration
      215 21 NORWEGIAN SHIPPING companies have estimated that 15 to 20 ships will be hit and 600 to 700 jobs lost if the Norwegian authorities demand registration of ships calling at South African ports. These ships would include a considerable number entering for reasons such as bunkering or
      215 words
    • Article
      SHIPPING EVENTS
      388 23 Nov 19-20 Conference, "computer applications in the operation and management of ships and cargoes," organised by the Royal Institution of Naval Architects, London Heathrow Penta Hotel. Nov 21 Lecture, "maritime technology: the UK's performance," by Mr Marshall Meek, organised by Nautical Institute (North East branch), 1930 hours, Trinity
      388 words
    • Article
      SHIPPING LIST where your ships are due ...and when
      6357 26 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 cif arrival and departure from the Port of
      6,357 words
    • Article
      CONTAINER SCHEDULES
      741 27 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location Thana Bhum 008 19.11.85 1700 Samudera F1 0800-0900 W2 Selandia 404 19.11.85 1700 Ned-EAC F7 0700-0900/0700-0900 P2/S2 Fenhe 27W 19.11.85 1800 Y Fung F1 0900-1000
      741 words
    • Article
      Who acts for whom...
      1638 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 Lm« Africon Shpg Agencies (S) Ahrenkiel liner Kim Shpg (Si Alfred C Toepfer Oceonus Shipping gencies (S) Multiport Sdn Bhd (PK)
      1,638 words
    • Article
      SHIPS IN PORT
      639 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Anderso Choco Eost Harmony Koto Pelangi Kota S'pura L Petaling 2 P of Scand Pole Star Som Hong 4 Sangerhausen Siti Azlino Str Venture Trust Union 2 Viet Xo 1 PASIR PANJANG K17 K16 K9 K32 K31
      639 words
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      Page 19 Advertisements Column 1
      1006 19 In Search of EXCELLENCE. I i .wVL- I"U' Z> />>•? K'.w i This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense e<°' THE BOOKSHOP ORIENT OvEIQEAS Contained LINE Agents: mm. swrw moicis (R*t zuim/nk) 70 Sl*nhxi
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      74 19 wm WITH LAY-OFFS recently announced in South Korea, it has become obvious that even the world's most efficient shipyards are struggling. Page II WORLDSCALE nominal freight rates for tanker chartering will mostly show declines of 7 to 10 per cent from Jon 1 next year. Page 111 Index to advertisers
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      1240 19 I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL: *****3 MAERSK LINE KEEP YOUR APPLES FBE! /g FASTEST TRANSIT TACOMA TO: SMGAPORE 19 DAYS PORT KELANG 22 DAYS PENANG 23 DAYS EXPORT TO USA. EUROPE.
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      522 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Frtdor W PK PN SR Mottwr VSL SI OUT ACE SW to Port 20/11 KBHU M MMM 25/11 20/11 21/11 1 AWUO HIS ACE 2/12 3/12 S/12 YAMASHN M. FAMR.Y ACE S/12 11/12 12/12 2ERAMM Pacific South Wml PaciW Faadar at Tokyo FoacN Motor *51
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      Page 20 Advertisements Column 2
      288 20 Supercarrier Service NEXT ARRIVALS N ROCHESTER 77/11. BARBER TOBA 27/11 N ROTTERDAM 15/12 BARBER TAMPA 15/12 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA Alm acceptmg contri lor Huston (M.B) S Francisco (MM. Slock lon and Sjn D»fo m I. TO: CARIBBEAN CENTRAL AMERICA Charleston iu Sj«ti im CAMDOUN
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      994 21 ■WWK The Straits KS Steamship Group a STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COHTAtOSHT SERVICES TO/FROM BAW6KOK STORE BKOK pegasus nuH vmmn v> tat/20 no. 22-23 No. PEGASUS PR4JE V4OSN 26-27 Mm 29-30 Hot BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK AM)
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      Page 21 Advertisements Column 2
      786 21 NOTICE Panamanian Registered Vessels The Consulate General of the Republic of Panama in Singapore hereby wishes to remind all OWNERS/ REPRESENTATIVES and AGENTS of PANAMANIAN REGISTERED VESSELS that the Annual Tonnage/ Consular/ Inspection/ Investigation/ Accident Taxes for the year 1986 are now due. It would be appreciated if payments are
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      417 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carriafe to Scandmavia. Med, Carribean 1 S. America Wand haulage to inland destinations in Europe S port PK«ian(Pcnanf Itmesßftao Genoa Hbw| Kdam Bha»en Awerp Etha ftckmtrs J/12 4/12 «/l H/12- 15/1 Peter fcckmers 7/12 9/12 5/1 11/1 12/1 IC/1 J/1 Xortar Theths 19/12 22/12 24/12
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      Page 22 Advertisements Column 2
      470 22 M JMt M lm %a, JMUMS FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ A Mfmb ol lhe ce Como,llurT ORKNIAI CHIEF 46* KOREAN lACEIIN 31* NFPTUNI CRVSTAi 3?* KOREAN CHANCE 74* Spore PKelant leM«re 8 dim Fitowe H bw| Antwerp ?0 II (18 111 91? 10 1? 1? 1? 14
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      Page 22 Advertisements Column 3
      554 22 Hai Sun Hup Co (Pte) Ltd A**- TEL *****06 (20 Lines) TL* R*****1 R*****2 L k\sti:r\ car u\i;r. Ltd. Specialist in RO/RO Service Accepting heavy-ifts upto 80 K/Tons Sailings from Japan VetiH S pare P Mjnj PRHCE MARU <70 S«M S«kd SEW NAGOTA *35 n No. n No. 3 Dec
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      Page 22 Advertisements Column 4
      679 22 EVERGREEN Full Xontainer Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) hkg use EVER GOLDEN 25/11 2J 11 JO 11 2/12 5/12 7/12 1/12 EVER GOMG 3/12 7/12 1/12 10/12 11/12 15/12 14/12 EVER GATHER 10/12 14/12 15/12 17/12 20/12 22/12 23/12 EVER GOVERN 24/12 30/12 31/12 02/01 05/01 07/01 01/01 EVER
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      315 22 o PXSINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES r i KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORf PXeUnf loadnf far: KYOWA BREEZE 20/11 Honiara. Lautaka, Suva. Papeeia, Pajo, Apia, Noumea OCEANM QUEEN 16/12 Lae. Rabaul. Orobay, Kieta. Honaria WEST AUSTRALIA SERVICE VSL PT KELANG S
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      804 23 V\v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA SEJATI KOTA TIMUR KOTA AGUNQ KOTA WUAYA KOTA WIRAMA VESSEL KOTA SALAM CAWA KOTA WARUNA KOTA SEGAR EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: E-591 21-***** 28-30/11 MUKALLA, ADEN. HOOEIOAH, JEDOAH, PT SUDAN,
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      Page 23 Advertisements Column 2
      723 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Osaka Bit Bremen Eiprrn Betia.on EXPRESS CONTAWCR SERVICE FROM UK/CONTINENT HUM B HAVEN RDAM HAVRE STON Bremen tipr»»s Sated Saied Saied Saded Saied Kvama Mm Saied Saied Saied Saied Bena.on Saied Saied Saied Saied Saied Honftmc Eipreu Saied Saied M Saied Saied
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      610 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM S PORE CONTAINER JTBH KPTUK CTfRM 30 1? UK MK MSO ACCfPIHG MtM RUBBER EXPRESS SEMI-CONTAINER SERVICE TO WEST BOUND ADMM/UJ( BMMEN DIMM H-BUtG SRIWWY* VIM* 27-*/H 2S/12 21/12 25/12 STOW HBAO IM/TLBURY tDAM R DAM HAMBURG/ KUTAI V7MB 11 13/1? 3/1
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      Page 23 Advertisements Column 4
      632 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR Loadnf for Ranfoon Spore Htoneywa V2O6W 22/24 Nov Phashwefyawywa V26o* 20/22 Nov Pajan V92W Lashio V 52 Lofcaw VlO5 Pafan V93W 25/26 Nov 21/22 Nov 7/9 Dec P.Kdang Penanj 17/20 Nov (P.Gudanf) 21/29 BANK LINE SPORE R'DAM HULL HMBG MEADOWBANK 22 Dec 18 Jon
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      926 24 sport KAWASAKI SINGAPORE (PTE) LTD. Aqenu 135 Cecil Street, #11-01 LKN BLDG TEL: *****77 Terminal Office: 7 Keppel Road #03-16, Tanjong Pagar Complex. TEL: *****50/*****63 MALAYSIA KONTENA NASIONAL SDN BHD Tel: P.Kelang *****5/6 KL *****44 PENANG *****8/9 c)nferastct Jli HPS FULLY CONTAINERIZED EXPRESS SERVICE STRAITS/TAIWAN/JAPAN/KOREA/USA/CANADA 9 N n 7 MO
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      549 24 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore PKeiang Penang loading (of i" II No« Cochai Bomfctr 4 Dk 2 Dk Markas B desh Haidia Calcutta 4 Dk kUAis Cotamto Bambar Dofc It Dk 14 Dk Ma* it BMi Hatta Calcutta INDIA SERVICE Accepting FCL Container* and Conventional Cargo Singapore
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      Page 24 Advertisements Column 3
      693 24 *£724 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD K»anj Ttmc Pto»«Ki»l B*n» BuMmf 60 Ctci Street SMGAPORE 0104 TEL *****90 (10 IKS) P Ketanj 03 *****1 Penjnf 04 *****J Paw Gutfanf Ajent OMNI lIOYO (M) SON BHD Til 07 *****0/1 STRAITS/PERSIAN GULF SERVICE: GOIDEN CITY Colombo Karachi Mm* Qaboos Dubai
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      Page 24 Advertisements Column 4
      376 24 INTRASEA (PTE) LTD 10 Anson Road »27 16 Inter nation*' Plaza Singapore 0207 Tel *****1 1 <1 0 Lines) <> BREAKBULK SERVICE TO EUROPE/UK P.T PERUSAHAAN PELAYARAN T KALIMANTAN WRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/ETD DCSTfUTIOM MAGA XXI Voy 25/85 20/21 Nov Jakarta MAGA XXXXI Voy IS/SS 23/24
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      Page 25 Advertisements Column 1
      638 25 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member ol the ACE Consortium STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE A member of the Anro Consortium I TPA CONTAINER SERVICE TO/FROM NORTH AMERICA PACIFIC COAST ALSO ACCEPTING LCL CARGO TO LONG BEACH, OAKLAND, VANCOUVER SEATTLE r TO/FROM NORTH AMERICA ATLANTIC COAST
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      Page 25 Advertisements Column 2
      667 25 L HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON 1 sP'tHI »UN!S NIPTUNF AGJNCIIS PTI I ID Ifl 7/899/7 778VU4 ißookm|>s> 10 ??\?0?7 (Operations I ??09?84 Irrmmjl) ??o?4'>o ??0?504 (CISi Mlltni* I.* NI s MINUS SHI* SDN BHD Kl Irl *****0 *****4 PK IH
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      Page 25 Advertisements Column 3
      842 25 4 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SJNSOV BUILDING 55, Market Street Singapore 0104 Telephone Number? *****3 (15 Lines) Cable Address SINSOV SMGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG PENANG S? 2022 SSL*"* «SRS HA. THONG SHPPMG 127 Penanj Street. Pew*. Malaysia K L*" MALAYSIA
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      Page 25 Advertisements Column 4
      32 25 Lutfni tar SNEE LONG SATU Voy 86 9UAN MTA VO7 59 bi Nrt Kuda«. BMu Mri. KK Agents: JAMBATAN MERAH SDN. BHD. P. Kelang: *****6 7 K.L. *****0 542M3 *****8 Penang *****1/*****5
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      Page 26 Advertisements Column 1
      573 26 Ke«|i(Nial Container Uihs SINGAPORE BANGKOK SERVICE 'PORE SOUTH THAILAND SERVICE ETA/SINGAPORE RAT ANA BHUM Ml RAT ANA BHUM *MH RAT ANA BHUM 49N RATANA BHUM SON 'PORE P.KELANG -PENAN ET A/SONGK LA It Nov 27/30 Nov 11/14 D«c 2S/2S Dm i a.« 1 iJ HINODE KISEN CO. LTD MIDDLE EAST
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      157 26 V "50N| c Ya Regional Weather J m m A Y <* 4 r m s? is a S iiS? sztm 5 fcb. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather fY Wind direction with speed in knots Raln Wave height
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      Page 27 Advertisements Column 1
      194 27 COLUMBUS LINE REEDEREI GMBH FXPRESS SEMI CONTAINER SERVICE TO HUll ROTTERDAM HAMBURG Sinfspore SEAL lON SHIPPING (S) PTE UD SAIfS BOOKINGS HI ??0%8! >8 Imps MBC ACENCIS K. LUMPUR P. KELANG POMNG P. GUDANG J. BAHAftU LEOSHP SPOKE *****55/*****56/*****45/*****93 *****1/4 TERMMAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22M6J/*****8/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE
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      Page 27 Advertisements Column 2
      169 27 Scan Dutch V TO RED SEA-MEDITERRANEAN TO HONG KONG-TAIWAN-JAPAN FEEDER VESSEL PENANG P. KELANC VESSEL SINGAPORE HONG KONG BUSAN B But** 14/11 IVU B Pcraia/433 20/11 24/11 27/11 B Butjnt 21/11 22/11 K«ri(ai/443 27/11 1/12 4/12 B Butjnf 2S/11 20/11 MM*4S3 4/12 </12 11/12 B Buijnj 6/12 7/12 R MH/4C3
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      Page 28 Advertisements Column 1
      112 28 WEC. WEST EUROPEAN CONTAINER UNES WEEKLY FUI CONTMNEft SERVICE W ROTTERDAM TO: CANARY ISLANOS TENERIFE. LAS PALMAS FUNCHAL PORTUGAL LISBON. LEIXOES (LCL ACCEPTABLE) TA DM 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 SINGAPORE AGENT:
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      Page 28 Advertisements Column 2
      345 28 r W MitsoiOSK.Liftes Lid CONVENTIONAL/SEMI-CONTAINER EAST AFRICA GLORIA PEAK 2 ALUS ALTAI MARU 1 ASTRA PEAK 2 WEST AFRICA EARNEST VENTURE 1 25 Nov Port Louis. Reunion 3 Dec Mombasa. Daressalaam Tamatave, Beira 17 Dec Mombasa. Daressalaam 23 Dec Port Louis. Reunion 16 Dec P Noire, Abidjan. Monrovia. Apapa. Tema
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