The Business Times, 28 November 1985

Total Pages: 28
1 28 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 99/1/85 THURSDAY, NOVEMBER S, IJBS 75 CENTS
    12 words
  • 188 1 Reuter EUROPEAN COMMUNITY treasury ministers, overriding objections from Britain and Ireland, yesterday agreed on a higher budget for next year, partially restoring cuts in line with the European Parliament's wishes. After 19 hours of negotiations, the ministers accepted an increase of 821 million ECUs
    Reuter  -  188 words
  • 158 1 Reuter TAIWAN, bowing to US pressure, is to cut tariffs on 920 imported items including wines, chemicals, footwear and auto parts. A Finance Ministry spokesman said yesterday the cuts ranged from 5 to 10 per cent and were designed to appease Taiwan's major trading partners. The
    Reuter  -  158 words
  • 537 1  -  Economic survey: 3rd quarter By LOH HUI YIN THE SINGAPORE economy slid deeper into recession in the third quarter of this year. Real gross domestic product declined by a sharp 3.5 per cent from a year ago and the outlook for the fourth
    537 words
  • 233 1 THE WORST is yet to come for the Singapore economy if the views of businessmen canvassed for their opinions on future prospects are borne out. For the fourth quarter in succession, pessimists outnumbered the optimists and negative attitudes are spreading, according to the latest quarterly surveys
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  • 116 1 Reuter CORAZON AQUINO, the widow of Benigno Aquino, yesterday signalled she might be ready to stand against President Marcos in elections expected in February. "I will never be able to forgive myself if I live with the knowledge I could have done something and didn't
    Reuter  -  116 words
  • 426 1  -  By JUNE LIM THE SINGAPORE National Shipping Association (SNSA) will launch a registry on Jan 1 next year to promote and regulate the interests of bona fide shipping agents. The establishment of The Registry of Accredited Shipping Agents will mark
    426 words
  • 388 1  -  Nervousness over Pan-El contributes to a 20.29-point fall in ST Index By LORETTA McLAUGHLAN SHARE PRICES on the Singapore stock market yesterday went into a tailspin as investors became increasingly nervous over the prolonged Pan-Electric Industries crisis. In the steepest decline seen this year, the
    388 words
  • 298 1 iMnSucmcl' THE FIVE-MEMBER steering committee of banks has been labouring the past two nights over the exact wordings of an announcement on the proposed debt restructuring plan for PanElectric Industries Ltd for public release. At press time last night, Standard Chartered
    298 words
  • Page 1 Advertisements
    • 140 1 lops in Car Audio Technology FUJITSU TEN LIMITED AMATEUR PHOTO STORES LTD Singapore Phone *****22 Kuata Lumpur Phone *****3 *****0 Pvnang Phone ***** ***** J»h»rt» Phone *****9 garaen restaurants Now Serving Sumptuous Breakfast on Every Sunday Public Holiday 8.00 10.30 am All you can eat for only: $7 per person*
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    • 347 1 Share information, Page 15 Int'l stocks, Page 12 Asian stocks, Page 13 What it would have been IF PAN-EL had been Included 1b the calculation ef the ST Index based en Its grey market price e( II cents yesterday, (rem a pre-sos pension price sf $1.44, the Index wsnld have
      347 words
    • 32 1 tiodenstoch ility before your eyes FS-Line 215/8 Prons Thebbdonetvnhesl-dvsied tffice. FRANS FURNITURE PTE LTD 100 Orchard Road. #02-100 Meridien Hotel (Atong Kramat Lane) Singapore 0923 Tel: 737 2244 Tlx: FRANS RS *****
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  • HOME NEWS
    • 285 2  -  By JEFFREY TSANG SEVEN of the world's top scientists will advise the government in its drive to promote research in biotechnology. The International Panel of Advisers for Biological Sciences will deliberate on issues such as patent protection, safety protection, environmental regulations, clinical testing guidelines,
      285 words
    • 277 2 THE Institute of Molecular and Cell Biology has started operations with the recruitment of enough researchers. Even before the completion of its $25-million building at the National University's Kent Ridge Campus, some of these younger researchers are already undergoing training. Professor Chris Y H Tan,
      277 words
    • 135 2 THESE ARE SEVEN of the world's top scientists in the various fields of the biological sciences who are here to advise the government in its biotechnology efforts. From the left, they ere Prof Chris Tan, the director-desig-nate of the Institute of Molecular and
      135 words
    • 301 2 QUALITY CONTROL Circles have served Singapore Bus Service Ltd well and the company's chairman yesterday highlighted the success of QCCs as a tool for raising productivity. "Many operational problems that were impeding productivity at the lower levels have been solved through QCCs,"
      301 words
    • 290 2 IT'S TIME that quality control circles looked beyond problems at the workplace and tackled issues in their neighbourhood, Mr Wong Kan Seng, Minister of State for Community Development, suggested last night. Some 25,000 workers are members of QC circles in Singapore, with
      290 words
    • 183 2 SINGAPORE Bus Service staff, shareholders and passengers have all benefited directly from the company's improved performance. SBS staff earned better wage increases over the years for their contributions to productivity. Mr Chin Ham Tong, Senior Parliamentary Secretary (Home Affairs), said it was "a matter of
      183 words
    • 376 2 THE GLASS HOTEL finally opened yesterday the third Harapan Group hotel to come on stream. However, the group's largest project, the $l-billion Rahardja Centre, is being scaled down. A source says the Harapan Group is making a fundamental review of its plans for the
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    • 589 3  -  Working as a team with lawyers and accountants By BOEY KIT YIN THE LAWYER will say enterprises cannut do without legal aid in their business transactions. The management consultant will maintain that he will provide the best advice. And the accountant will say a businessman,
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    • 189 3 (Chinese) WftiZiSt' ffi: flu X ft¥ lIJp*N l'J£ ygf# i* to^tSJfcfttfftitiXo A Ato£ik*SlBiauH'h tote AflWitll o JJB& ia«*»Jfc»*£* o fl£*SPf»iftA #B'J« iA *—4* M—t--e*W*« M '««'«l# if "villi!" (Ĕ «AM*riKtfttt£«Bß ifii tots m *r ww *a m% x »Us*fcira&#f*fc ?JT G P$ f »J «6 «5 Jk it *tj 6'J
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    • 224 3 FIFTEEN GRADUATES of the London Business School (LBS) are looking for members to form a Singapore chapter of the LBS Alumni. A three-member temporary committee was formed last week. "We thought it was worthwhile because there are enough potential members around. The
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    • 157 3 THE UNMARRIED Singapore woman between the age of 24 and 35 is in high demand in Australia. She makes up the fastest growing group of tourists going Down Under and the Australian Travel Centre is going all out to court her. According to Mr Peter
      157 words
    • 365 3  -  By YAP BOH HOON TWO NATIONAL University of Singapore lecturers who had a paper on Singapore published in a business magazine were severely criticised by Mr Lim Boon Heng, the MP for Kebun Bahru The paper, entitled "The Management of Compliance", was by
      365 words
    • 261 3 BETTER-TRAINED teachers and instructional materials are in the offing for the Best (Basic Education for Skills Training) programme, says the director of the Vocational and Industrial Training Board. Dr Law Song Seng said yesterday that tenders for the production of the
      261 words
    • 138 3 A FIVE-DAY conference, to be held at the National University of Singapore next May, will examine combinatorial mathematics and information processing. Combinatorial mathematics relates to the use of pure mathematics in computer science. It will be the first Australia-Singapore joint conference on the topics. The
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  • Page 2 Advertisements
    • 391 2 Luckily this does not in any way sound the death knell for the ultimate driving machine. If you're still perplexed by the above statement, allow us to elaborate. The message we want to convey clearly and simply, is as follows. It now costs less to own a BMW. How can
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  • Page 3 Advertisements
    • 129 3 I d iI»J d I I mu i HOME LOANS FROM THE EXPERTS ree valuation With every successful application. Loans up to 100% of valuation we match the ICXJIll" package to suit your requirements use our package to suit your requirements use our money and your CPF savings. a 1
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    • 74 3 MOSER V C H R I MAS Lady Hamilton area 1920 T: V, I "•p? m The Royal circa 1905 The Ultimate Bohemia crystal The Lady Hamilton, Liqueur Decanter 111 $1%, Liqueur Glass $23 The Royal, Liqueur Decanter 111 5173, Dessertwine glass 526 (with gold rims) Available at Robinson's, Tang's
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  • OVERSEAS
    • 400 4 UPI WASHINGTON has told the General Agreement on Tariffs and Trade (Gatt) it will become "useless" unless service industries are included in new global trade liberalisation negotiations. Deputy US Trade representative Michael Smith, clashing with a group of developing countries, said
      UPI  -  400 words
    • 206 4 AFP DEVELOPING COUNTRY textile exporters have called for the complete liberalisation of international textile trade, notably through the abolition of the Multifibre Arrangement that is set to expire in July 1986. The appeal came on Tuesday before the annual session in Geneva of the
      AFP  -  206 words
    • 435 4 UPI POPE JOHN PAUL ll's senior theological adviser has warned Roman Catholic bishops their church is getting an image like a multinational corporation that inspires "fear and hate in people". Cardinal Joseph Ratzinger, the head of the Sacred Congregation for
      UPI  -  435 words
    • 127 4 Reuter FOUR FAMILY titles sold by Queen Elizabeth's cousin, the Earl of Lichfield, were among the 40 "Lordships of Manors" auctioned in London on Tuesday for more than £340,000. Many of the titles were bought by foreigners. A manor is an area of
      Reuter  -  127 words
    • 210 4 AP PRINCE CHARLES delivered a scathing attack on British industry on Tuesday, saying that Britain was in danger of becoming a fourth-rate nation unless it adopted an American-style spirit of enterprise. In a speech to Scottish business leaders, the 37-year-old heir to the
      AP  -  210 words
    • 186 4 AFP THE PALESTINE Liberation Organisation (PLO) central council has outlined the PLO's major aims as stepping up the armed struggle on the Israeli-oc-cupied West Bank, condemning terrorism, backing an international Middle East conference and achieving internal reconciliation. The council, an intermediate
      AFP  -  186 words
    • 278 4 Reuter AFTER a spirited auction involving six other publishers, Random House won the publishing rights to Edmund Morris's biography of Ronald Reagan. Tuesday's winning bid, said to have been US$3 million, is believed to be the highest advance ever paid for a
      Reuter  -  278 words
    • 239 5 AFP THE VALUE of Hongkong's domestic exports during the first 10 months of this year fell by 7 per cent against the corresponding figure in 1984. But the value of re-ex-ports rose by 31 per cent over the same period last year, leaving Hongkong with a
      AFP  -  239 words
    • 775 5 ARRIVALS Operator MUMtwr Local tint* From LUFT OA SIA PAA LH688 OA472 SQ11 PA21/5 0005 0025 0125 0155 FRA/DXB SYD/AAEL LAX/TYO LAX/TYO/HKG RBA MAS MAS AAAS MAS SIA AC BM43 MH681 MH603 AAH671 AAH811 SQ103 AC858 0300 0620 0905 0935 0940 1005 1020 BWN KUL KUL KUL
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    • 481 5 AFP OIL PRICES on the international spot market reached yearly highs on Tuesday in spite of a warning from Saudi Oil Minister Sheikh Ahmed Taki Yamani that because of a lack of cooperation in production between members and non-members of Opec, prices could
      AFP  -  481 words
    • 314 5 BURMA IS SEEKING foreign assistance for a US$l billion natural gas development project involving two offshore deposits about 150 km south-west of Rangoon. The Martaban gas field, off the Irrawaddy Delta, discovered three years ago was the subject of a prefeasibility study conducted last
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  • Page 4 Advertisements
    • 268 4 The new IBM 5550 brings you English, Chinese or Japanese, with ease. Introducing the IBM 5550. The personal computer so advanced, it's effectively bi-lingual. With two models to choose from. English/Chinese or English/Japanese. The first thing you'll notice about the IBM 5550 is the unique and expanded keyboard. Its 124
      268 words
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      170 words
  • Page 4 Miscellaneous
    • 83 4 Doonesbury TAKE A TURKEY BREAK, durpofrreo/mn COUiPI HOT TO HAVZSeCONPS U/ORKY. 70- ANP7HIRPS W THERE'S l/UTTH MY FIRS7S, PLENTY. 4 S. rv r- AST. W 55 ss H*l if I S8» fi $31»=51W L l 1 BY GARRY TRUDEAU 90 YOU THINK HUN- HEY.THE GER HAS INCREASE? STORIES PRAM AT
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  • Page 5 Advertisements
    • 83 5 K4 life-: EanAm's747SP Easiest Daily to NevvVbrk. For Sale or Lease i 19! Centralised location with connecting routes to PSA, Jurong Port, Orchard Road, CBD and Changi Airport. Convenient labour supply as surrounding HD6 estates provide a strong industrial workforce Within walking distance to business, food, shopping and recreational facilities
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    • 17 5 the eXtraOrdinary cognac •t||>/ Distributed by ■rrmom Jardin* Wines ft Spirits lOOCPasirPanjangßoad Singapore 0511 Tel *****22 EEEBSI
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  • WORLD BACKGROUND
    • 1209 6 US citizens and property worldwide come under increasing threat NYT AMERICANS have been attacked in 72 countries since 1968, and US citizens and property are now the targets of about 30 to 35 per cent of all international terrorist incidents, which have left 17 Americans dead
      NYT  -  1,209 words
    • 292 6 NYT THE US has Increased its aerial and electronic surveillance of Libya to monitor any military moves in the aftermath of the hijacking ordeal in Malta. Administration officials said yesterday that American forces in the area had been put on alert in case
      NYT  -  292 words
    • 638 6 Reuter PRIME MINISTER Yasuhiro Nakasone yesterday observed the anniversary of three years in power which have stamped him as one of Japan's most forceful post-war leaders and raised the country's profile as an ally of the West. Since coming to office in November 1962,
      Reuter  -  638 words
  • Page 6 Advertisements
    • 319 6 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. K Welcoae to H Hexagon <&,ift J|Bp|v Corporate Electronic Banking m V' Hongkongßank'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
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  • Page 7 Advertisements
    • 196 7 A PRIME NUMBER An unquestionable mathematical fact. Equally indisputable, but rather less well-known, is the long list of 'firsts' that Prime Computers have scored since our inception in 1972. Take, for example, the most recent Prime system. Released in February this year, the 9955 is the most powerful superminicomputer ever
      196 words

  • MONEY AND EXCHANGES
    • 298 8 UPI ARGENTINA paid about US$34O million in interest arrears to its creditor banks on Tuesday, making it current on its US$46 billion debt for the first time in more than three years. Mario Brodersohn, Argentina's Treasury Secretary, said the government "plans to remain current in public
      UPI  -  298 words
    • 184 8 AP JAPAN and Poland have signed an agreement in Warsaw rescheduling about US$254 million of Polish debts guaranteed by the Japanese government. Meanwhile, Polish government spokesman Jerzy Urban said at a Warsaw news conference on Tuesday that the failure of Western countries to provide
      AP  -  184 words
    • 796 8 SINGAPORE THE US dollar yesterday closed slightly firmer against most major currencies on some buying to take profits on short positions, after the currency's weakness in New York, dealers said. It closed a shade higher at 2.5500/10 marks compared with New York's 2.5485/95 close, at 200.85/95 yen against
      796 words
    • Article, Illustration
      296 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet trading. Short-dates were steady at the outset and remained unchanged in subsequent trading. Wednesday/Friday, Friday/Monday and week fixed closed at 8-3/16 8-1/16 per cent each. Period rates were little changed from slightly higher opening levels of
      296 words
    • 253 8 Interbank rates at 3pm yesterday: Currencies Nominal 1 rate* Smithsonian Bid Otter croaa parity change Local dollors to one unit of foreign currency US dollor 2 0890 2 0900 2 8196 -25 91 Sterling pound ***** 3 0702 7 3469 -58 26 AustroWon doMor I 4372 1 4400
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    • 254 8 HONGKONG: GOLD yesterday closed lower on late profit-taking by overseas investors. It finished at U*****.20/60 an ounce against an initial $331.10/60 and compared with New York's 330.70/331.20 close. On the local market, gold eased HK$B at the close to $3,070 a tael. the krugerrand price was $9 off at
      254 words
    • 385 8 BA Futures EURODOLLAR futures yesterday opened slightly lower than Tuesday's close in line with post-futures cash market losses on Tuesday. The March contract was quickly locked within a narrow range of 91.93 and 91.96 in quiet trading ahead of the US Thanksgiving holiday today. Liffe opening saw a continuation
      BA Futures  -  385 words
    • 77 8 THE OVERNIGHT rate on the Singapore interbank money market fell by point from Tuesday to close at 3 per cent yesterday. The one- and two-month term rates fell by 3/16 point each while the threemonth rate fell by Vb point. S$ Interbank rates at 3pm yesterday: Otter Bid
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  • Page 8 Advertisements
    • 88 8 You with Xerox products and people. That's Team Xerox, working together to improve your office output and cost efficiency. Team Xerox products including copiers, duplicators, electronic typewriters, electronic printing and fax machines combine to give you a complete office system. Team Xerox people give you the benefit of international experience
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  • BANKING AND FINANCE
    • 313 9 FT A CALL FOR closer prudential control of international banking to guard against risks of growing financial innovation has been made by Mr Alexandre Lamfalussy, the general manager of the Bank for International Settlements. In a speech to bankers in Paris on
      FT  -  313 words
    • 320 9 Reuter THE JAPANESE Finance Ministry and the Bank of Japan said there is no possibility of Heiwa Sogo Bank Ltd, Japan's sixth largest mutual loans and savings bank, facing a credit crisis in spite of some questionable exposure. Masateru Yoshida, directorgeneral of
      Reuter  -  320 words
    • 187 9 Reuter CHINA'S Fujian Investment and Enterprises Corp is issuing a 10billion yen samurai bond in spite of postponement of three issues by other borrowers. The 10-year bond carries a 7.1 per cent coupon and par price payment on Dec 4, lead manager Nomura Securities
      Reuter  -  187 words
    • 271 9  -  By ALVIN TAY THE PERNAS GROUP, Malaysia's national trading corporation, has confirmed a BT report earlier this month that it has invited Singapore banks to put together a multi-currency loan worth Ms2oo million. Mr Razali Shamsuddin, Pernas deputy manager for
      271 words
    • 445 9 FT THE BRAZILIAN government has announced that it no longer intends to seek an agreement of any kind with the International Monetary Fund. The declaration by Finance Minister Dilson Funaro after two days of talks in Washington with IMF and US officials closes
      FT  -  445 words
    • 435 9 Reuter FOREIGN BANKS in Japan have begun their assault on the country's rapidly expanding trust business, but none of them believes cracking the market will be easy. Senior bankers setting up the trust subsidiaries of the nine foreign banks which
      Reuter  -  435 words
    • 115 9 AFP THE BANGKOK BANK is to open a representative office in Beijing next month, the first Thai commercial bank to establish a presence in China. Bangkok Bank officials yesterday said Chinese authorities approved the bank's permit to establish a representative office on Nov 15.
      AFP  -  115 words
  • Page 9 Advertisements
    • 125 9 RANK XEROX Team Xerox input improves your office output. > •V r Vox X''. m See how Team Xerox can cut your costs. December 3rd 4th. 18th Floor, Fortune Centre, 190 Middle Road. Between the input and the output there has to be a connection! At Xerox we call it
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  • LETTERS TO THE EDITOR
    • 477 10 FRENCH DIPLOMACY, especially what Premier Laurent Fabius thinks it should mean, is getting more and more interesting. Now that the pair responsible for the sinking of the Rainbow Warrior has been sentenced to 10 years by a New Zealand court, Monsieur Fabius says ♦hat the "judicial
      477 words
    • 467 10 MONICA GWEE's reply: It is my opinion that the management of Trader Vic's owes me a meal, or at least, drinks on the house. What began as a light-hearted interview with a few Expat Bachelors (now better known as EBs) two Saturdays ago, (BT Nov
      467 words
    • 143 10 Dear Sir, We refer to the letter of "Single Expat Woman" published in the BT of Wednesday, Nov 20, and wish to address this repy to her Dear Single Expat Woman, We are a group of healthy continental bachelors who have been enjoying working and living
      143 words
    • 67 10 Dear Sir, Monica Gwee is off the hook there are single expat men in Singapore. The experiment was far more successful then imagined. TGIF attendees generally had an enjoyable time and many said they plan to return to Trader Vic's on Friday. It seems single
      67 words
    • 133 10 Dear Sir, Now that the gallants have voiced their preference, White Lady has but one recourse. She must hie her to a carpenter's, there to get planed fore and aft, lee and seaward, not forgetting a wee touch on the cheeks, forehead and, of course,
      133 words
    • 880 10  - BT's pride that visitors read our paper S.T. Dear Sir, It is right and indeed laudable that newspapers should reflect the thinking and aspirations of the people. However, in my opinion, it is definitely wrong and surely unethical to allow certain groups of people to make use of the media
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  • Page 10 Advertisements
    • 49 10 fA v tePP M ice* a re mi P r 7lin e \t tn e .6 <W mf** 1 KAIWACW Japanese Restaurant Hotel Equatorial. Tel: *****31. 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. Tel: *****15. Managed by (C^ j' A if re/1" utmyrui/
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    • 213 10 WBJDING An Address of Rare Distinction in the Hub of the Business and Financial Centre. Towering 28-storeys above Cecil and McCallum Streets in the strategic hub of the Central Business District, the 66 Building will meet your every expectation for a prestigious and comfortable corporate home. Located at the focal
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  • Page 10 Miscellaneous
    • 645 10 CRYPTIC PUZZLE ACROSS 1 Waited for dad to get sued, possibly (6) 7 Do better as a bootblack? (8) 8 He gives a bird a ring (4) 10 Did Alice really go through it? (6) 11 Choose some people to preserve (6) 14 Over five less (3) 16 Bloomers in
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  • SPORTS
    • 324 11 AP SIXTH-SEEDED Zina Garrison of the US and 13th-seeded Jo Durie of Britain yesterday advanced to the second round of the US$l.5 million Australian Open tennis championship. Garrison was given a tough battle by powerful New Zealander Belinda Cordwell before prevailing, 6-4,
      AP  -  324 words
    • 278 11 AP THE WORLD CUP Organising Committee will choose four teams on Dec 14 one day before the draw to lead firstround groups at the 1986 soccer championships in Mexico. "Only two teams can say they have secured positions as heads of group Italy and
      AP  -  278 words
    • 249 11 AFP PROTEST and counter-protest have left defending champion Pakistan demoted from number one to fourth seed, once again in a useful position to defend its world squash title in the team event which started in Cairo yesterday. England was made top seed after New Zealand
      AFP  -  249 words
    • 515 11  -  By WALTON MORAIS IN RESPONSE to Batey Ads's study on the possibility of staging international sports extravaganzas in Singapore, the Singapore Yachting Association is putting forward a package of proposals to the advertising agency. And one of these will include a proposal to
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  • Page 11 Advertisements
    • 1119 11 BANQUE WORMS Head Office 45 boulevard Haussmann ***** Pans T* (33-1) *****010 Telex BWOR *****5 F Singapore Branch 50 Raffles Place. #16-01 #16-06 Shed Tower Singapore 0104 W *****33 latex RS ***** OWORSB Balance Sheet At December 31 Statement of Income For The Year Ended December 31 (in thousands of
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  • Page 11 Miscellaneous
    • 1208 11 to sm mm THURSDAY FEATURE SPECIAL Hitler's SS: Portrait In Evil 10.30pm, Channel 5 A ic«im from Hitltr'i SS: Portrait in Evil PM SBC Text Sample Pages. Opening and Programme Highlights followed by Television The Race For Television. Cosmopolitan Theatre 1915: The Girl On The Night Mail. One Hundred Great
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  • INTERNATIONAL STOCKS
    • 266 12 Reuter ROTHMANS International PLC has blamed a reduced contribution from its Caroling O'Keefe Canadian brewing unit and rational«isation costs for declining operating profits in the half "year to end-September. Cigarette volumes were below the same period last year although progress had been made
      Reuter  -  266 words
    • 239 12 Reuter THE BOARD of Allied-Ly-ons PLC believes the outlook for the second half of its financial year ending next February and beyond is excellent. Chairman Sir Derrick Holden-Brown said in the company's interim statement that many of the positive factors in the first
      Reuter  -  239 words
    • 330 12 Reuter THE NEW YORK market finished slightly higher on Tuesday in a session described by traders as dull. Drug stocks were prominent among the gainers while heavi-ly-traded Texaco dropped 2'« to 32 following a US$lO.5 billion court case it lost to Pennzoil. The Dow
      Reuter  -  330 words
    • 99 12 NOV 26 Abftitx c$ 17* Hud Boy Mm Imp Od 53* 16* 36* 44* 19*. 19* 15* unch 3314 tobkjw B 22* unch Bonk Nova Scotia Mossey Fecg 3* 18* unch 33* 19* 34* 27* 41* Norondo 17* .44 14* 13 4* 33 .44 34* R»o Ala 21* Danfc
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    • 238 12 NOV 26 l«d Urvsec Woolworth 605 1450 5 100 INDUSTRIALS MININGS A Alpha Abercom 900 198 40 8 Anglos 3885 110 AE And a Amoprop AAAIC 940 445 3375 unch 10 25 100 29 15 unch Btyyoors Buffets 1850 8650 I040S unch 100 -10 Borlows C G Smith CNA
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    • 715 12 NOV 26 USJ Ak on AJurrwi 26* AJcoo 35** unch Aiegheny Lud 23* Akd Chcm Cp 45 AM Stores 65* Ak-Cholmers 3* unch Am Brands Inc 60 Am Broadcast 119* Am Can Co 65* 1* Am Cyanarmd 57* Am Elec Pwr 22* Am Express 48* Am Home Prod
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    • 877 12 Amsterdam NOV 26 Fh ABN 550 00 2 ***** +02 AHotd 73 80 -0 1 136 40 16 AMfV 80 10 unch Amfo» 100 70 +0 2 40 50 -1 3 Bob 481 00 -1 Boikote Bur Tet 116 50 unch Cofcmd 506 00 +6 Deli Mi| Elsevier
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  • Page 12 Advertisements
    • 568 12 r.v;- f I t: r»sc?S SB BPW ?grrFM^ a mm^mvkrw^. r?10 I »/=£> v-" 'jtanemberThatilisgivinq ißemcmbcr the SintjaporeV~> r S H&h* jjt*' *i 7Sr /TOpiwtf j| s ktBL Cfiebratmg [heir first t </4| harvest m America, 1621 /L/L. Heap high the board with plenteous 1 H I cheer ami gather
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    • 166 12 London stocks on Psgs 17 Cafe de Prince's L 1 V L !V -V 3* delightful daily buffet luncheon feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10++ (child). CRQWn @WNCE HOTEL iimoa^ouc iinjgrt by rnmc rtotrH J«p Continuing the frince Motets tradition of
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  • ASIAN STOCKS
    • 369 13 HONGKONG: Share prices yesterday closed sharply lower on mainly speculative selling by investors in Hongkong, partly linked to rumours of an imminent increase in Hongkong interest rates. The Hang Seng Index finished the half-day session 31.97 points off at 1,706.38. Stocks lacked support as most foreign fund managers, who
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    • 223 13 MOV 27 A1 Sincere India Asm Cement MT 220 21 40 007 •0.1 -02 unch -02 -02 02 -03 Lien Hwo Indus Nan Ya Plas Pocific Cons Pocihc Elect Wire 12 15 27 70 1530 1285 -0 15 LT>Ch -03 0.15 Cathay Cons Chang Hwo Bank Chen Loona Chia
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    • 370 13 TOKYO: Share prices drifted marginally lower in very active trading on the first day of trading for December delivery, brokers said. The market average slipped 5.26 to close at 12,777.84 after los- ing 0.29 on Tuesday. Turnover was a hefty 500 million shares against a moderate 270 million on
      370 words
    • 56 13 MOV 27 Oriental B 0 015 unch 0001 unch 0 1450 inch 0001 unch Ap«x Mining B 0 0095 unch PLOT 37 50 0 5 10 -0 25 0001 unch Bosic Petroleum 0003 87 inch 7 Son Mtguei B 16 50 unch CDCP First Phi HMgs 1 64 0033
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    • 363 13 SYDNEY: Australian share markets closed slightly easier, reflecting a lack of favourable overseas news, lower world metal prices and a marginally lower BHP. At the close the All Ordinaries Index lost two points to 994.6, the All Industrials Index shed three to 1,461.3 and the All Resources Index fell
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    • 93 13 NOV 27 Won Hyundai Const 929 -1 Hyundai Motor 1310 60 741 KAL 577 15 Choheung Bk 705 unch Korea First 746 unch Commerciol Bk 750 4 Yukong 1400 10 Daelim Ind 615 -5 Korea Ship 438 3 Daewoo Corp 570 1 Lucky Ltd 720 3 Daewoo Ind 839
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    • 123 13 BANGKOK: Share prices closed lower in dull trading. The Book Club Index dipped 0.07 to 128.35. Declines led advances by three to one. Turnover was 92,945 shares worth 17.8 million baht compared with 67,106 worth 14.8 million baht on Tuesday. MOV 27 lahtt San Citizen Siom City 63 492
      123 words
    • 40 13 AP SOUTH KOREAN investment in overseas business projects totalled US$459 million at the end of September. Finance Ministry officials said the amount represented Korean equity investment abroad since 1968, when Korea made its first investment overseas. AP
      AP  -  40 words
    • 271 13 Reuter THE CURRENT profits of 565 major Japanese manufacturers are expected to fall 10.9 per cent to 3,120 billion yen in the fiscal year ending next March 31, the first double-digit drop for four years, the financial daily Nihon Keizai Shim bun reported. Profits
      Reuter  -  271 words
    • 170 13 AFP THE LIQUIDATION OF Sanko Steamship Company of Japan can be avoided, says receiver Mitsuhide Miyata in a report he will submit next week to a Tokyo court, the daily Mainichi Shim bun said. Mr Miyata said that there is a chance of saving Sanko,
      AFP  -  170 words
    • 52 13 Reuter SWIRE PACIFIC has tentatively agreed with a Hongkong unit of the Royal Dutch/Shell group to buy a Hongkong property site for HKIISO million. A Swire spokeswoman said the agreement requires government approval of a change of land use. She did not elaborate on company plans for the
      Reuter  -  52 words
    • 146 13 Bernama WEMBLEY ACTIVATED Clay Sdn Bhd, one of the world's four-largest makers of activated bleaching earth, has announced the implementation of the first gypsum products manufacturing plant in Malaysia. live plant, scheduled to begin production in July, will be sited beside the
      Bernama  -  146 words
    • 80 13 AFP HITACHI LTD, a major Japanese electronic equipment maker, is to exchange computer technology with Sperry Corp of the United States under a memorandum signed recently. Industry sources said the memorandum is expected to enable Hitachi and Sperry to com- pete with International Business Machines Corp (IBM),
      AFP  -  80 words
  • Page 13 Advertisements
    • 484 13 m IS (i p/ s ir.P The start of an experience so authentic yet unique. v,w I Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA'MANI Continental fare with Singapore flair Our chef has created a selection of new dishes that are sure to
      484 words
    • 138 13 'At COFFEE GARDEN J HONG KONG DIAN XIN, NOODLES AND CONGEL SPECIAL ROASTS* AVAILABLE TOO! Also available round-the-clock are delectable local and continental cuisines. Vv» i m 'Available from Ham 3pm A 6pm llpm Set Breakfast Specials of Porridge Man Xia available MMMII/. MOTKK_ 19 Cairnhill Cirde Ml M 19
      138 words

  • RAW MATERIALS
    • 678 14  -  End inevitable with the huge overhang of stocks By MICHAEL NEILL WHEN INTERNATIONAL Tin Council (ITC) delegates emerge from permanent session some time after Dec 2, the date set for resumption of their crisis meeting, the decision to wind down the International Tin
      678 words
    • 192 14 AFP THE STRENGTHENING of controls on coffee exports by members of the International Coffee Organisation (ICO) to non-members appears to be discouraging non-member trade, according to the latest ICO statistics. The ICO, which began four days of routine talks in London on
      AFP  -  192 words
    • 9 14 KL TIN SSSr*"""*- 27 Price Suspended Turnover (tonne*) Suspended
      9 words
    • 306 14 RAS prices in S cents/kg, FOB in b otes NOON CLOSE Itfyert Beyers SeNors Int 1 RSS Prompt 152 50 153 50N 152.50 153.50N Int 1 RSS Dec 85 153 00 153 50 153.00 153 50 Int 1 RSS Jon 86 155.25 155 75 155 00 155
      306 words
    • 197 14 SINGAPORE THE MARKET yesterday closed slightly higher with December One RSS buyers quoted at 153.00 cents per kilo, up 0.50 cent from Tuesday. The morning session gained 0.50 cent on some short-covering interest in quiet trading. Prices were little changed in the quiet afternoon trading on lack of Interest
      197 words
    • 66 14 FOB NSW 495.00 Nutmeg no Foe nsw 496.00 E&W FOB NSW 438 00 Gambier FOB NSW 330 00 London Commodity Exchange Sellers dOM9 ees on Mo* 26 (US$/long tonne ports, unless othei CIF European rite stated) Pepper (Sarawak) Foq, spot 5200 White foq, afloat 5200 White foq Nov/Dec
      66 words
    • 176 14 Yarn (In HK$ per bol* of 400 lb) China corded yarn, cones Blue Phoenix I6's 2,450 Blue Phoenix 20" s 2,600 Blue Phoenix 32's 3,000 Blue Phoenix 40's 3,300 Girded yarn, hank Btue Phoenix 2I'» 2,750 Combed yarn, cones Blue Phoenix 32's 4,250 Btue Phoenix 40's 4,450 Open-end yarn
      176 words
    • 167 14 WHEAT FUTURES on the Chicago Board of Trade on Tuesday ranged from off 1V« US cents a bushel in nearby December to up IV* cents in distant July and other new crop months. December ended near the middle of a five cent range. After a firmer start, prices fell
      167 words
    • 165 14 SOYBEAN FUTURES on the Chicago Board of Trade on Tuesday continued to rise and closed T/, to l'/i US cents a bushel higher. January ended near the top of a 5Vi cent range. Prices rallied further toward the close on strength in soymeal amid tight supplies and strong export
      165 words
    • 148 14 PRICES on the Malaysian crude palm oil market yesterday closed firmer amid further covering and speculative buying activity, rising gradually from recent lows. December deliveries in the central region firmed MJ17.50 to $737.50 per tonne while south and north rose $20 and $17.50 respectively to $735. January in
      148 words
    • 646 14 COFFEE A COMBINATION of an easier New York on Tuesday, firmer sterling against the dollar and nervous sentiment for the nearby positions depressed robusta coffee futures throughout the day. The market ended with losses from Monday night of £19 to £34 a tonne in business that included a
      646 words
    • 104 14 (ccfftt/Vg, 1-ton f wHets) DEC 85 JAN 86 (current month) (forword month) NOON NOON RAS Buyers Selleri Buyers SeHiri SSR 20 147 50 I49 50N 148 50 150 SON SSR 50 145 50 147 50N 146 50 148 SON MRELB Buyers Sellers Buyers Sellers SMR CV 206
      104 words
    • 287 14 Singapore (S$/kiio, «x-9odown) Fragrant new crop 1st 0.76 2nd 058 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-super 052 Special 050 Thai Rice 55% no stock China Rice 10% no stock 15% 069 25% no stock 35% no stock Thai Boiled Rice 5% 060
      287 words
  • Page 14 Advertisements
    • 132 14 r JM K' J /A V* y\ Aw rf M V fd fries doesn't mean to blow his CWH great iust like the service. On the second floor of Saxophone, you will be treated to a deliciously wide variety of European dishes. All lovingly cooked by Fabrice. Our team of
      132 words
    • 408 14 NOTICES ANGWU INVESTMENT PTE LTD (la Members' Vahmtary NOTICE OP SPECIAL RESOLUTION (Pinuat to gtrtt- 2N(2)(b) At an Extraordinary General Meeting of the company held at Thomson Medical Centre, 339 Thomson Road, Singapore 1130 on the 21 day of November 1985, the following Special Resolution was passed: It was RESOLVED:
      408 words
    • 421 14 EN THE MATTES OF THE COMPANIES ACT, CAP. IM AND IN THE MATTES OT am PTE LTD (UMatai'ViWiiT lUdiUlii) NOTICE OP SPECIAL RESOLUTION (Punut to SeettM 2M<t)(fc) At an Extraordinary General Meeting of the company held at 24 Floor, Wheelock House, 20 Pedder Street, Hong Kong on the 20 day
      421 words

  • SHARE INFORMATION
    • 4303 15 ANOTHER WAVE of panic selling yesterday precipitated the steepest fall the stock market has seen this year. The market as measured by the Straits Times Industrial Index fell 20.29 points to 697.31, its lowest level in 37 months. The BT Composite Index
      4,303 words
    • 3976 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".
      3,976 words
    • 274 15 SINGAPORE Rims Indicss N 0 L Loon 100 Seoro Im 241 UIC 136 Dwdop E*t 118 J C tut 116 Falls U M Flow 960 S t M 580 Gmmtmm SOS F N 595 DBS 570 CASHSOi 285 TDM 358 MIF HMgt SO* 291 M fc—1» 575
      274 words
  • Page 15 Advertisements

  • COMPANY NEWS
    • 1059 16  -  By CHAN OI CHEE AMID ALL THE publicity on Pan-Electric Industries and its financial problems, scant attention has been paid to its single largest shareholder, Growth Industrial Holdings. With almost a one-third stake, GlH's future is closely linked to the fate of Pan-El.
      1,059 words
    • 513 16 THE KUALA LUMPUR stock market put up another disappointing performance yesterday as sellers dominated trading for the greater part of the day. With no new developments to lift investors' spirits, most kept to the sidelines, observing rather than participating in
      513 words
    • 2870 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 specified. MDUS TRIALS A Choc (2.885) AMD (8) 4 70 (16)
      2,870 words
    • 84 16 BENONO Berhad: 3rd AGM at the President Room. Selangor Club, Jalan Raja, ***** Kuala Lumpur, tomorrow at 10.30 am. MALAYSIAN AMERICAN Auirucf Ompaay Herhad: EGM at the Conference Room of Melewar Corporation Sdn Bhd, The Annexe, Plaza MBf, Jalan Am pang, Kuala Lumpur on Tuesday, Dec 3, at
      84 words
    • 105 16 HONGKONG Tuesday 1464.9 Week ogo 1449 1 Hang Seng Index Wednesday 1706.38 Tuesday 1738 35 NEW YORK Week ago 1757 29 Dow Jones Tuesday 1456.77 TOKYO Monday 1456.65 Week ago 1438 99 Nikkei Averoge Wednesday 12/77 84 Tj-sday ***** 10 Week ogo ***** 83 Standard Poors Tuesday 200.67
      105 words
    • 277 16 Monog#*' pric«s MARA-Bumiputra for Nov 28 Frit B'putro 4 95 5 00 Singapoca Unit Trust Second B'putro Thrd B'putro 4 60 4 65 3 71 3 76 The Commerce 1 46 57 Fourth B'putro 4 07 4 12 The Savings Fund 1 15 22 Fifth B'putro 2 70
      277 words
    • 498 17  -  By CHAN OI CHEE THE STOCK MARKET shakeout has slowed the expected big rush for Singapore Airlines shares. When the lists closed at noon yesterday, the issue of 50 million shares offered to the Singapore public was reckoned to have only been subscribed
      498 words
    • LATEST
      • 47 17 Planta- tions Bhd: Group pre-tax profit of M 573.04 million ($110,361 million) on turnover of $450,567 million ($586,463 million) for the six months to end-September, 1985. Group profit after taxes but before extraordinary items is $43,576 million ($69,124 million). EPS is 10.3 cents (16.9 cents).
        47 words
    • 811 17 THE MARKET yesterday opened mixed in quiet trading after Tuesday's prof-it-taking, dealers said. At 0945 GMT the FTSE 100 share index was up 0.1 at 1,432.0. Tate and Lyle at 560p and Distillers at 488 firmed 5p each while ICI at 714, Beecham at 320 and BTR at
      811 words
    • 391 17  -  By AMY CHEOK METRO HOLDINGS is close to finalising an agreement with a foreign party to sell its majority stake of 53.32 per cent in subsidiary Transmarco Ltd at a price of more than $11 million. Since Metro disclosed its decision to
      391 words
    • 474 17 MMC METALS Ltd, a whollyowned subsidiary of Malaysia Mining Corp, which suspended dealings on the London Metal Exchange (LME) earlier this month, has gone into voluntary liquidation. According to the Londonbased Metal Bulletin, directors of the company decided to opt for "voluntary liquidation" on Nov
      474 words
  • Page 16 Advertisements
    • 221 16 Pan Malaysia Cement Works Berhad (Incorporated in Malaysia) INTERIM RESULTS FOR THE HALF YEAR ENDED 30TH SEPTEMBER 1985 The Directors of Pan Malaysia Cement Works Berhad wish to announce the unaudited results of the Group and the Company for the half year ended 30th September 1985. Group Incorporating Results of
      221 words
    • 212 16 Pan Malaysia Rubber Industries Berhad (Incorporated in Malaysia) INTERIM RESULTS FOR THE HALF YEAR ENDED 30TH SEPTEMBER 1985 The Directors of Pan Malaysia Rubber Industries Berhad wish to announce the unaudited results of the Group and the Company for the half year ended 30th September 1985. Group Incorporating Results of
      212 words

  • Page 17 Advertisements
    • 267 17 HE ASIA* WALL STREET JOLKNAi. What's Jwpmmum 3**k HHiiippuH* Few Shows Curious Sttvnptli I'nk FWi«r* U**t, i tm*nr\ m A*ntm« WW.n~ WW INIIIj|/V.|l«»r><W,»» < "CiwHi Rixtfm*" We've got to hand it to Singapore's executives. SucccssM executives who want to get ahead in business, start In keeping up with I he
      267 words
    • 481 17 The Diethelm table will help you understand why the rest has a hollow ring to It. When you buy a desk, have you ever wondered just how much of a desk you're actually getting? Well it may come as a mild surprise to you that what you see is not
      481 words

  • 588 18  -  By CHUANG PECK MING SINGAPORE MANAGERS, who have done relatively well in salary increases in recent years, have come to the end of their winning streak. The writing is now on the wall that next year, the average executive will have to
    588 words
  • 473 18  -  By BOEY KIT YIN SMALL FOREIGN companies operating in Singapore have an edge over local enterprises of a similar size because they use more modern machinery and equipment, according to the latest Economic Survey. The foreign concerns were more efficient in the
    473 words
  • 398 18 THE BUILDING and construction sector's recent position as the fastest growing customer for bank loans is now being challenged by three other sectors. Latest figures published in the economic survey show that bankers have put their eggs in four different baskets this year.
    398 words
  • 369 18 THE VALUE of building contracts awarded by the private sector in the third quarter shrank to an insignificant $85 million. In the fourth quarter of 1982 the best three months ever enjoyed by the industry the private sector awarded a total of
    369 words
  • 455 18 THE SINGAPORE authorities will consider a request from the US Government for longer periods of protection for original works than is proposed under new copyright laws being drafted here. This was one of many recommendations made by US officials during discussions on the tightening up
    455 words
  • 101 18 Reuter COMEX GOLD FUTURES yesterday fell on liquidation as speculators closed out positions prior to the Thanksgiving holiday. Gold for December delivery was off US$3.OO at $328.20 an ounce after touching a low of 327.70. Analysts said the slight recovery came on profit-taking of short positions
    Reuter  -  101 words
  • 63 18 Reuter THE NEW YORK stock market moved higher in early trading yesterday, attempting to celebrate today's Thanksgiving holiday with a renewed rally. The Dow Jones Industrial Average was up four points to 1461. Advances had a small lead over declines on turnover of 11.02 million shares. Texaco
    Reuter  -  63 words
  • LATE FILE
    • 66 18 Reuter KUWAIT has launched a drive to recover a mountain of unpaid telephone bills, the biggest of which was a charge for more than US$l million, said the Arab Times yesterday. An official said that efforts to trace those responsible for the
      Reuter  -  66 words
    • 28 18 UPI IN A GESTURE apparently aimed at appeasing student activists, a Chinese official said yesterday that foreign billboards in Beijing would be removed. UPI
      UPI  -  28 words
    • 50 18 Reuter with alleged spy CHINA yesterday denied having any connection with a former US Central Intelligence Agency employee who was arrested in Washington last week on charges of spying for Beijing. Larry Wu-tai Chin, 63, was charged on Tuesday with spying for China. Reuter
      Reuter  -  50 words
    • 33 18 AFP MANILA'S financial district has banned nude painting sessions in two restaurants following complaints by the wives of executives and businessmen who had taken a sudden interest in "art".
      AFP  -  33 words
    • 50 18 UPI CHINA is expected to gain entry soon in the Asian Development Bank the last major world organisation that does not include Beijing in spite of stiff opposition from Taiwan. Sources in the Manila-based bank said the continued membership of Taiwan had been assured.
      UPI  -  50 words
    • 45 18 Reuter THREE GUNMEN yesterday shot and wounded the head priest of the Sikhs' holiest shrine, the Golden Temple at Amritsar, before 20,000 horrified worshippers. Police in New Delhi said that the gunmen killed the bodyguard of the head priest Gianni Sahib Singh.
      Reuter  -  45 words
  • Page 18 Advertisements
    • 56 18 Hertz costz up to 50% less Below 1600 cc minlcls 1600 cc models 2CXX)cc and above Includes unlimited mileage, insurance, maintenance and other exclusive Hertz advantages less decision with nore mileage. 2HO Kamnonig Aranjj RJ 447 J18H; Taniglin Shopping Onrre *01 -20 7M4M tit han» Aipp»*f S4SHIHI Here International Reservations
      56 words
    • 61 18 Why run around when you can find everything at Keck Seng lower? CECIL STREET Good location Distinguished tenants Convenient in-house dining wining outlets Modern design Immediate occupation Professional maintenance 24-hr security Generous parking lots Free tenants parking Choice units < Inexpensive rental and flexible lease terms Mrs Yeo Ms An
      61 words
  • Page 18 Miscellaneous
    • 54 18 ffiraajjEa Outlook tor today: Showers over severol oreos in the afternoon. Report for 24 hours prior to 7 30pm on Nov 26 at the airport; Maximum temperature 31.8 Associated humidity 63 Minimum temperature 24.3 Associated humidity 92 Hours of sunshine 7.9 Rainfall in millimetres 1.3 Rainfall this month 172.9 Rainy
      54 words

  • SHIPPING TIMES
    • 334 19  -  By KINGSLEY WOOD NORWEGIAN company Hoegh Lines is to re-route its existing US Pacific coast-Middle East via South-east Asian service to call at major Australian ports on the outbound voyage from the end of January. A forest product-carrying contract arranged with the Weyerhauser company of
      334 words
    • 281 19 THE PORT of Semarang has undergone a US$lOB million facelift to become the third largest Indonesian sea port after Tanjung Priok and Tanjung Perak. Renamed Tanjung Emas, it is now capable of berthing vessels of over 10,000 dwt in size.
      281 words
    • PORTSIDES
      • 98 19 MITSUI OSK will start a double-stack container train service across the US from Dec 3, reducing transit time from Tokyo to Chicago and Columbus to 14 days. The newly-formed MOL Intermodal Inc has arranged for the weekly fixed-day service using Southern Pacific Railroad to transport cargo
        98 words
      • 73 19 Reuter A CHINESE CONTAINER SHIP arrived in Kuwait on Tuesday, marking the start of regular full container service between China and the Gulf. The New China News Service said two 20,000-tonne container ships, each able to carry 724 containers, would cover the route once every two months.
        Reuter  -  73 words
      • 75 19 Reuter AMERICAN SHIPBUILDING Co has reached an agreement to sell its shipyard in Lorain, Ohio, to the Spritzer Organisation for an undisclosed amount. The company said the transfer of ownership was expected by the end of the year. The company has been working several years
        Reuter  -  75 words
      • 91 19 THE COURAGEOUS IV, a 12-metre challenger for the America's Cup, is heading for Perth, Australia, on board the Barber Nara. The yacht, sponsored by the Yale Corinthian Yacht Club, is the most prestigious yacht to be transported by Barber Blue Sea. BBS has transported more than
        91 words
    • 1163 20 GRAIN chartering out of the US remained slow to emerge on the freight market on Tuesday with no Panamax size grain vessels reported to have been fixed on the influential Gulf/Continent and Gulf/ Japan voyages, shipbrokers said. Grain from Gulf to Puerto Cabello paid a fairly steady US$l4
      1,163 words
    • 759 20 Foreclosures by major lenders seen as over-hasty measures Reuter MORE THAN 100 TIMES in the last two years, Greek seamen have sailed into port to find a bailiff waiting at the quay to put an arrest order on the mast. Usually,
      Reuter  -  759 words
    • 518 20 Blohm Voss to buy HDW-Hamburg yard Lloyd's List 3LOHM VOSS, the Hamburg-based shipbuilding group, is planning to acquire fellow West German shipbuilder HDW-Hamburg for an estimated 54 million deutschemarks (US$2O.7 million). This development is the latest move in the consolidation process currently under way in West Germany's shipbuilding industry, which
      Lloyd's List  -  518 words
    • 720 20 AB Shpg V 5 Afeo Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL HI 2/3 ASCL IN 1 Bolt-Canada Line VII 4/5 Balt-Onent Line VII 4/5 Bank Line V 5 BBS N 4/5 Bayswater Shpg IV 2 Ben Line Cont
      720 words
    • 329 20 PHILIPPINE manning agents are clamouring for the return of the controversial Executive Order 991 which prosecutes against contract violations by Philippine seamen. The order was issued by President Marcos in an attempt to curb strikes by Filipino seamen seeking higher pay. Such industrial action
      329 words
    • 215 21 SEATRADE is organising an international cruise shipping conference at the Vista Hotel in New York from April 15 to 16 next year. The two-day event will feature industry experts discussing key issues, such as the current US$l.5 billion cruise ship order book, newbuilding design and the
      215 words
    • 596 21 Company head agrees to discuss offer NYT SEA-LAND CORP has rejected as inadequate an unsolicited US$25-a-share takeover bid by Harold Simmons, a Dallas investor. But Sea-Land's chairman and chief executive officer, Joseph Abely Jr, agreed to meet Mr Simmons next Tuesday to discuss the offer
      NYT  -  596 words
    • 318 21 FT KOCKUMS, the Swedish state-owned merchant shipbuilding yard, has signed a preliminary agreement to build two combi-ferries for a new shipping line that is planned to operate between Malmo in southern Sweden and Travemunde in West Germany. The order could be
      FT  -  318 words
    • 221 21 ATLANTTRAFIK Express Service (AES) has chartered three small container ships from Sea Containers of London for a new fast trans-Pacific liner trade between the North American Atlantic coast and Australian east coast ports. AES is a meat carrier in the trade and the
      221 words
    • 191 21 THE MAJOR shipping consortia operating between the Far East European, Far East Persian Gulf, Straits ports Australia, Straits Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line.
      191 words
    • 117 21 AP THE IRANIAN NAVY has seized the Panamanian ship Arthur in the Sea of Oman, east of the Strait of Hormuz, and escorted it to a southern Iranian port for inspection. The official Islamic Republic News Agency (Irna) said on Tuesday
      AP  -  117 words
    • 712 23 Nov 26-30 Offshore China '85. Third offshore oil exhibition and conference, Guangzhou, China. Nov 28 Lecture on Liverpool Freeport by Captain B Majumdar, organised by Nautical Institute (North West branch), 1730 hours, B I Ferry. Doc 3-4 Ship fires in the 1980s, 0930 hours, joint Institute of Marine
      712 words
    • 5795 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 of arrival and departure from the Port of Singapore.
      5,795 words
    • 792 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Korrigan 443 28 11 85 1700 Ned-EAC F7 0800-0900/0700-0800 P2/S1 Maria 54B 28 11 85 2100 Mansfield F1 1200-1300 Ul Falstria 602S 29 11 85 0700 Bakke
      792 words
    • 1634 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 Line Atncon Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Multiport Sdn Bhd fPK) American
      1,634 words
    • 540 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Barber Toba Murrayeverett N'brandenburg Attos Trans Hav K9 K21 K28 K16 K10 Barber Everett S'pore Shp Borneo Barber alongside alongside alongside 28 II 85/0200 28 ll .85/0700 28.11 85/1200 28 II 85/2300 28 11 85/1100 29 11
      540 words
    • 940 28 The above information is compiled from data provided by the Singapore National Shipper's Council. ARGENTINA Nov 19 Buenos Aires 31 vessels berthed. Rosario 2-5 days. 8 vessels berthed, 4 awaiting. San Lorenzo 1 vessel berthed, 1 awaiting. San Nicolas 2 vessels berthed, 1 awaiting. Nechochea 2 vessels berthed.
      The above information is compiled from data provided by the Singapore National Shipper's Council.  -  940 words
  • Page 19 Advertisements
    • 598 19 -Monthly from Pitman Available at all good bookshops and newsagents w Orient Overseas Qo*daum Line Agents: MOM SHPPMG MEMOES (Ro|. No. 2421M/MK) 70 Stwnton W»» *04 03 Mara* Horn* Sm»j«xxt 0707 T* *****11 te*. NO RS 74)79 as Offa IPC #***** T«4 *****31 7770§3} Tumm* OHict TfC #***** Tel *****90/*****93/*****01
      598 words
    • 68 19 mm AS Greek shipping ends its fourth year of deep recession, Western bonks are scaling down their involvement with its merchant fleet. Pag« II SEA-LAND CORP has rejected as inadequate an unsolicited US$25-a-share takeover bid by Harold Simmons, a Dallas investor. Page 111 Index to advertisers II Shipping Schedules IX
      68 words
    • 1211 19 In Search of EXCELLENCE. nit/ Urt This runaway bestseller disects the secrets of America's most successful and has distilled their success into eight basic findings which make exceptional sense fiWi: THE BOOKSHOP MAERSK LINE W KEEP YOUB APPLES FRESH TACOM T( g?" T FMSTEST TRANSIT PENANG 23 MYS Voy S"
      1,211 words

  • Page 20 Advertisements
    • 516 20 m Y.S. LINE YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA Pacific South WMt Feeder at Tokyo Mother VSL I. APOLLO YAMASHM M 2HLMOA S KASHU M Pacific North Wast Feeder at Kobe Motlw< VSL SEAT VCD TOKYO M 29/12 30/12 BEISHU M 5/1 t/1 I. ALLIANCE 19/1 20/1 I ALLIANCE 19/1 70/1
      516 words
    • 335 20 ff Supercarrier Service danger Vessel N ROSARIO BAJWS PERSEUS N ROCXSTOt BARBER KCTOd N ROTTERDAM Saded 22/11 4/12 14/12 12/12 24/12 4/1 NtXT ARRIVALS BARBER TOBA 27 11 BARBER TAMPA lb 1? BARBER TEXAS 7/1 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 7/1 12/1 IS/1 20/1 27/1 1/1
      335 words

  • Page 21 Advertisements
    • 1140 21 The Straits Steamship Group wm Mansfield Container Shipping Re Ltd Overseas Containers Limited [CONTAINERSHIP SERVICE TO UK/CONTINENT BREMEN EXPRESS BEMAVON HONG KONG EXPRESS BENAIDER CITY Of EDWBURGH FRANKFURT EXPRESS HAMBURG EXPRESS OSAKA BAY KASUGA MARU BENAVON to Copenhagen. Aartws Gottwnburt Makno. Stockholm. Hehrtu Sonderbur( to Antwerp. Amsterdam Oslo to Bremen
      1,140 words
    • 679 21 Franco Belgian Services \F+r Ma a, P*r+<-k uvi B* jw« fur I (MEMBER OF ACE CONSORTIUM) CONTAMR SERVICE 10 EUROPE STORE PKELANG It Harne R dam FSto« Han BMaren Ant NEPTUME CRYSTAL 4 Dec < 2 D«) 23 Ok 24 Ok 27 Ok 29 Ok <29 Dk)3l Ok 2,12!^ KOREAN
      679 words

  • Page 22 Advertisements
    • 416 22 Hapag-Lloyd 10 CONTINENT/UK EXPORTS On carriafe to Scandnavia, Med, Carribean S. America Inland haulage to inland destinations in Europe S pore PKetanf Penan( leiioesßdbio Genu Hburj Rdjm Bhayen A «erp Ettu Ihckmers 1/12- 4/12- 6/1 30/12- 15/1 Peter Hickmers 7/12 J/12 5/1 1»/1 12/1 4/1 Km*if Theths 22/12 25/12 27/12
      416 words
    • 379 22 1 *Xu*» TO EUROPE Vlft SUEZ T A Member ol the Ace Consortium NEPTUNE CRYSTAL 32W KOREAN CHANCE 24* SEVEN SEAS BfflOGE 53W C R TOKYO 2*l 4 12 l 2 121 11 12 9 12) 18 12 (16 12) 2b 12 (23 12) [FROM EUROPE VIA SUEZ J* Member
      379 words
    • 558 22 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TL* R*****1 4 R*****2 l"\ KANTKHV \H I.IMIIi. I.TI>. Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan VflMi SCRI NAGOTA *35 SOUTMM* CROSS VM LUCKY PM V? ASIAN Cimß VS3 ramci maru no t *71 Spore
      558 words
    • 554 22 EVERGREEN Full Container Service Round-The-World East Bound Service (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound Service (FE/EURO/USEC/CARIB/FE) ALSO ACCEPTING ICI/fCI t Fa/fa TO GOMWURG AAKHUS COPENHAGEN OSIO STOCKHOLM ICLSMKI BREMEN BREMERHAVEN W HAMBURG 10W0N. SOUTHAMPTON MANOCSTEI DWMNQIAM LNEVOOI. GLASGOW VIA FELIXSTOWE AMSTERDAM VIA ROTTERDAM US WEST COAST SERVICE lax src 3/U 4/11 1/11
      554 words
    • 224 22 MSI NOSE MARITIME PTE LTD WEST AUSTRALIA SERVICE vsi PT KELANG S PORE P HEDLANO F'MANTLE PAKARTI LIMA V2S 7/1 9/1 16/1 20/1 (PHedland. Geratdton subject to Inducement) EAST AUSTRALIA SERVICE PK S PORE K KMABAIU LOADING FOR PAKARTI EMPAT VI IS 8/12 9/12 21/12 Sydney. Melbourne. Adelaide (Adelaide subject
      224 words

  • Page 23 Advertisements
    • 562 23 svw PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 VESSEL KOTA AGUNG I KOTA TIMUR KOTA WIJAYA KOTA WISATA EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: 29-30/11 4-0/12 TAMATAVE, JEDDAH, PT SUDAN, AQABA 4-5/12 10-13/12 TAMATAVE, MOGADISCIO, D'SALAAM, MOMBASA, DURBAN 22-23/12 28-31/12 ADEN, HODEIDAH,
      562 words
    • 811 23 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT 24/12 24/12 8 HAVEN RDAM 27/12 21 12 CONTAINER SERVICE FROM UK/ HAM Beru»on Saded Honjkonf Eipress Sited Beiuldet City if Edmburgh Sited Kitano Maru 27/11 Hambw| Eipress 11/12 Osaka Bji 11/12 Kasuga Maru 21/12 Be«j»on 4/1 6 HA VEND DAM Saded
      811 words
    • 569 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINF FAR EAST TO/FROM STORE CONTAINER SERVICE BUSAN VOKOHMU KOK MOHSIUNG HK fTpO l« V26HB 22 23/11 25 25/11 27/11 1-2/12 3/12 1/1 S PORE TO JAKARTA/SURABAYA COWTAgQ SERV CE GO** *26 HB I 1/12 I 5/12 13/12 22/12 CONVENTIONAL SAILING WRECT TO NORFOLK t N.ORLEAN
      569 words
    • 648 23 BOUSTEAD SHIPPING AGENCIES Htoneywa V2O6W BURMA FIVE STAR SHIPPIMC CORPORATION (Burmese National Line) Loadfcg for Rangoon Spore In Port/29 Nov Phashwegyawywa V26OW In Port/29 No* Lasiao ¥52 2/3 Dec Loftaw VlO5 30 Nov/1 Dec Pa-an VB9W 8/10 Dec Paean V93W 12/14 Dec BANK LINE EXPRESS SEH-CONTAfER SERVICE TO UK/COWT SPORE
      648 words

  • Page 24 Advertisements
    • 1205 24 kECUADOR/PERU/CHILE FEEDER VSI MOTHER VSI SPORE PKLG PNC WHORE BRDGE WO CONCORDIA SUN *7203 2 Dec 3 Dec 5 CENTRAL AMERICA/CARIBBEAN SEA •j IV LINE KAWASAKI KISEN KAISHA, LTD. SPORE NAGOYA GUAYAQUt CAIIAO ARICA 70« 24 Dec 21 ton 4 Feb IQMQUi AFAGASTA S ANTONW VALPARAISO 5 Feb S Feb
      1,205 words
    • 669 24 U sLt 41 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Nelang Penang I aiding tor AURIGA 4 0k 2 Dec kb*M/B detk Hatta Calcutta CAIABAR 16 Dec 14 Dec Madras B desti Hatta Calcutta RAMDAS 4 tan Colombo Bombar AURIGA' 9
      669 words
    • 535 24 GOLDEN LINE GUAN GUAN SWUNG (PTE) ITD »«*i( Ttnt homenl Bir* BuMnf M Ced Street SMGAfOKt 0104 HI 22U7* (10 IMS) P Ketjnt 03 *****1 Penanf 04 6?MM hit Godjnf A|enl QMNT UOTO (M) SON BW TEL 07 SI 1370/1 STRAITS/PERSIAN GULF SERVICE: GOIKN HAVEN Colombo Aaracfn Bihij.r GOLDEN BEM
      535 words
    • 511 24 INTRASEA (PTE) LTD. to Anson Road "27 16 Internationa 1 Plaza Singapore 0207 Tel *****1 1 (10 Lines) O BREAKBULK SERVICE TO EUROPE/UK f. Kci*i(LM«n( Mr--29/11 ESB^/ROT/ANT/ UK (AVON) 9/12 ROT/ANT/UK (AVON)/ BELFAST WMO 88X591S FORT CARLETON *****20 Aftnh Saifaport KTRASEA <PTE) LTD BOOK ME 22*4511 K Lump* BMTANG SHPPMG
      511 words

  • Page 25 Advertisements
    • 1064 25 NOL NEPTUNE ORIENT LINES LTD Agents Spce NEPTUNE AGENCIES PTE LTD let No olhct terminal CfS BOOKINGS 27*9977 ft EU, AUSI IP* St* *****77 *****22 *****53 0* DtRECT LIMS 27*5753 *****42 i Bahtu HARPER HWA SON BHD 2*loo P Kelan| HARPER KWA SON BH) *****1 *****8 p ia,a HARPER WRA
      1,064 words
    • 592 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG. BUSAN. INCHON DO* am Genet jl Sur.er at Godown «?1 on 29/U/tb from 0900l»s 1200l»s M l No 7 I Vo» SOTS N SPiWI AU N!S NIPIUNI AGENCKS PTf 110 TH *****7 7 P*****4 ißookmjs) ???7SIO *****2? lOpfutionsi
      592 words
    • 1013 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** f KQJM PENAMG M/S SHAMAT NMI SOON SON. M. IST AND 2ND FLOOR. MESSRS HAI THONG SHPPMG 127 Penar*
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    • 119 25 X K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Road. *06-01. Ng Ttow Yh* Bldg S'pora 0923 T«l 235 8444 (4 lin«a) Por' Keljnj Icjj P«ij Sdr Bh<l If) 03 ?MO?4 b Pfninj M.i jf i !n4f t Tfiripnrl ltd If' ***** I Pis» Mjtjvw IfffKifs
      119 words

  • Page 26 Advertisements
    • 531 26 Regional Container (Jim's HINODE KISEN CO. LTD MIDDLE EAST REGULAR LINER SPLCIAIISfD HtAVY IIFTfRS AVAIIABtf □SR-LIISIES VEB DEUTFRACHT/SEEREEDEREI ROSTOCK rHONG KONG ISLANDS LINE FULLY CONTAINFRISf D SfRVICtS 10 AUSTRALIA AUSTRALIAN SERVICE VESSEL SP MOTHER VSL (HK) LOADING FOR: CAMtt 1 9 Dec PACFK CONTAMER 856 SYD, MEL, MK*. BH4"Rai from
      531 words
  • Page 26 Miscellaneous
    • 176 26 I Regional Weather m or a ft <£4 2 M u a M *L>2 c w, m m as 3 IS *551 ses3S C CT'" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather
      176 words

  • Page 27 Advertisements
    • 130 27 MSC AGENOES K. LUMPUR P. KEL AUG PENANG P. GUDAN6 j. B AMARU ■V.Si *****58/*****56/*****48/*****93 3S7IU/4 TERMMAL 3M3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****5/22U65/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEIDE* ii'i/vunßttTTiS!miGllllCTKAMil3lMnmiEllgWtiiiiE3giLaiil ii M' -MLMTninrrnmiigtgMßlMEligiSlMEiEMKltiiCTlina 11 nj m QBl lilm M 111 CMI Z3B Lu km LU i I'lii'i'Mmnnnß i I'li'i'imnil ALSO
      130 words
    • 25 27 COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE TO HUtI ROTTERDAM HAMBURG Smripoie SEAL lON SHIPPING (S) PTE LTD SAtES BOOKINGS Til *****81 (8 Imfst
      25 words
    • 167 27 LICORNE A W Oil n M/V ARMAGNAC V ***** M/V COM VAR VILS6 M/V CGM VtLAY V2IS6 Scan Dutch V TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDINAVIA) 1) MARSEILLES 2) ROTTERDAM 3) IifMBU TO RED SEA-MEDITERRANEAN TO HONG KONG-TAIWAN-JAPAN FEEDER VESSEL HONG KONG Jutbmfcj/453 N Mil 463 Nhon/473 N Dtp>u 453 BSuru 493
      167 words

  • Page 28 Advertisements
    • 249 28 WEC. WEST EUROPEAN CONTAINER LINES MEEKLY FULL CONTWO SERVICE VIA ROTTERDAM TO CANARY ISLANDS TENERIFE LAS PALMAS. FUNCHAL PORTUGAL LISBON. LEIXOES (LCL acceptable I 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: ALPHA
      249 words
    • 354 28 MOL Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S' EAST AFRICA ALTAI MARU ASTRA PEAK 4 Dec Mombasa. Daressalaam Tamatave. Beira 17 Dec Mombasa, Daressalaam 23 Dec Port Louis. Reunion WEST AFRICA EARNEST VENTURE 19 Dec P Noire. Abidjan. Apapa, Tema SOUTH AFRICA HAYAKAWA MARU 28 Nov Durban. P Eliz. Capetown
      354 words