The Business Times, 5 December 1985

Microfilm: NL15289
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 THURSDAY, DECEMBER 5, 1985 75 CENTS
    12 words
  • Article
    Elizabeth Sam: S'pore still has room for investors
    352 1  -  By TSANG SAU YIN IN SPITE OF the current economic difficulties, Singapore still has investment opportunities, a Singapore financial expert assured her audience of financiers and investment analysts in Toronto on Tuesday. Mrs Elizabeth Sam a director of Mercantile House Holdings PLC,
    352 words
  • Article
    Need for strong men in the stock market
    717 1  -  By THE EDITOR TODAY WILL TEST the financial mettle of Singaporeans as it has never been tested before. When the stock market opens this morning there will be a need for strong men, men who have guts but understanding too, men whose
    717 words
  • Article, Illustration
    Supervisory Committee to guarantee brokers' obligations
    808 1  -  MAS assures investors they may trade with full confidence f>AtM>LiCTHIC By MANO SABNANI, Deputy Editor THE MONETARY AUTHORITY of Singapore has categorically assured investors that they may trade with full confidence in the stock market today. Late yesterday evening, after more discussions with leading
    808 words
  • Article
    Trading in three companies suspended
    118 1 TRADING in the shares of Grand United Holdings, Supreme Corp and Everpeace Corp will be suspended on the Kuala Lumpur Stock Exchange and Stock Exchange of Singapore until further notice. A statement issued by the head office of Supreme Corp yesterday said the suspension of
    118 words
  • Article
    Lock icon M$150 million standby credit line for KL brokers
    351 1 Bernama THE AGREEMENT to provide a Mslso-million stand-by credit line to members of the Kuala Lumpur Stock Exchange (KLSE) by a consortium of six Malaysian banks will be signed today. KLSE chairman Abdul Razak Sheikh Mahmood said last night that copies of
    Bernama  -  351 words
  • Article
    Local dollar comes under pressure
    200 1 THE SINGAPORE DOLLAR came under pressure in early deals yesterday. The opening quote against the US dollar was 2.12 60-70 against the previous night's close of 2.12 45-55, with strong selling of Singapore dollars from Hongkong and Sydney reported. At one stage, the rate went
    200 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      146 1 A WATERMAN PARIS Writing instruments of distinction since 1884 Trade enquiries: Ttel: *****33 WITH IaTT 3 G S Everybody needs a bank providing full personal banking services like savings, fixed deposits and personal loans. At UMBC we provide all these but we serve you with that little bit of "personalised
      146 words
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      Page 1 Advertisements Column 2
      333 1 CorporatiMtion Banks to gobbla up broking firms, Paga 16 How Oranga Qrova fits into tha pictura, Paga 16 Ex-Pan-El diractor spaaks, Paga 16 Run on Suprama Financa tapara off, Paga 16 Brokara worriad aick ovar shortened credit Unas, Paga 15 Lettera To Tha Editor, Paga 10 mm AIRCRAFT SCHEDULE MONEY
      333 words
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      Page 1 Advertisements Column 3
      71 1 BEHND EVERY SONY PROOUCT IS SONY Service *****11 SONY THE ONE AND ONLY The most flights to Brunei Darussalam. More convenience, more choice. Royal Brunei Airlines. With more flights to Negara Brunei Dainssalam than anyone else: departing Singapofv tieiee daily at 11.30 am and 9.10pm and with additional flights on
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  • HOME NEWS
    • Article, Illustration
      Boat builder catches eye of enterprise bureau
      476 2  -  By ANNA TEO A SINGAPORE company which uses high-technology and advanced materials to design and build workboats has caught the eye of the newly formed Small Enterprises Bureau (SEB). Spotradio Industries Pte Ltd, whose latest product was a 36footer that could attain 32
      476 words
    • Article
      Awards for boosting tourism
      396 2 TWO MEN and an entire airline have just been honoured for their contributions to the tourist industry. Sharing the award for "Outstanding Contributions to Tourism", to be presented at this week's tourist industry ball will be Singapore Airlines, Mr Lien Ying Chow and Mr Tan I-Tong.
      396 words
    • Article
      Greetings from Miss Tourism hopefuls
      168 2 MISS TOURISM and her flock of finalists will be on hand to greet visitors flying in on Singapore Airlines flight SQI from the US next Wednesday. Draping each visitor with the local equivalent of a Hawaiian "lei", among other gestures of welcome that Miss Tourism
      168 words
    • Article, Illustration
      Finns seek cooperation in trade with China
      352 2 FINNISH businessmen keen on investment and trade with China are looking to Singapore for cooperation. An eight-member delegation led by the Minister for Trade and Industry of Finland, Mr Seppo Lindblom, arrived here yesterday on Finnair's inaugural flight for talks with Trade and
      352 words
    • Article
      Outokumpu may make steel in region
      228 2 FINLAND'S BIGGEST mining and metallurgical company, Outokumpu Oy, is exploring the long-term possibility of making steel in South-east Asia. Outokumpu's immediate concern is to survey prospects for a wider regional market for its various products, especially copper and stainless steel. It has thus set
      228 words
    • Article
      Need to balance privacy and access in banking
      128 2 A BALANCE can be struck between the need to preserve banking privacy and the need for access to information on accounts to promote international cooperation in crime enforcement, said the Attorney-General, Mr Tan Boon Teik. The two were not necessarily in conflict,
      128 words
    • Article
      Shorter drive to Johore Baru
      92 2 IT WILL be a shorter, more pleasant and scenic drive to Johore Baru from tomorrow with the opening of the Bukit Timah Expressway. By using the new expressway, which starts from the Pan-Island Expressway (PIE) near the Singapore Turf Club to Woodlands Town Centre, travelling
      92 words
    • Article, Illustration
      DBS Bank may buy UMBC Building
      486 2 THE UMBO BUILDING, once owned by a company linked to Hongkong's collapsed Overseas Trust Bank group, has finally found a possible buyer. DBS Bank is believed to be in the final stage of negotiations to buy 16-storey building in Malacca Street for $23 million.
      486 words
    • Article
      Dealing with the banker calls for the hard sell
      666 3  -  By BOEY KIT YIN WHATEVER recent experiences may suggest, obtaining money from a bank in Singapore is not just a question of turning up at the manager's office with an empty briefcase and asking for it to be filled up. The
      666 words
    • Article
      Untitled
      103 3 (Chinese) 3fc i mzuf&m-ih fa f&*i *3 ft m liiJM am# o ft* jt ts Xfjib ms v|k£AUpJttA±&f#i«ifcJ it f* T JjR 4u ff vfftttm i'j o -tie o > mmrs >5 .6 o x2«>* IffWiW umzftrtpi* ftVifK o Hife ffefn rift ffifcSitS w«#nw Kftt-D ft** 1 «B&&&|s*iit m ttjftu
      103 words
    • Article
      It pays to invest in safety measures
      402 3 IT IS WRONG to think that aiming for safety and profitability are contradictory objectives, because ensuring safety does not mean having to invest in non-pro-ductive equipment. Dr CC Lim, the president of the Instrumentation and Control Society of Singapore (ICS), said such short-sightedness
      402 words
    • Article
      Amex joins tourist board in wooing visitors
      161 3 AMERICAN EXPRESS is launching another sales campaign but this time, Singapore card-holders are not among its targets. With the Singapore Tourist Promotion Board, Amex has designed a "Singapore Fling" promotion in Asean and Hongkong to woo more tourists here. The packages, which are
      161 words
    • Article
      Republic's exports for this year likely to fall
      307 4 SINGAPORE'S total exports seem set for a decline this year as latest trade figures show that overseas sales continued to slide well into the last quarter. A drop in exports this year will be the first since 1975 when exports fell to
      307 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      337 4 PETER TULLOCH has taken up the post of regional manager, South-east Asia, of the Canadian Imperial Bank Group. He is also the managing director of the bank's merchant banking subsidiary, Canadian Imperial Bank of Commerce (Asia) Ltd. In his new capacity, Mr Tulloch will be responsible for
      337 words
    • Article
      Dr Goh to receive Order of Temasek
      110 4 PRESIDENT WEE KIM WEE will give away the National Day awards tomorrow at the Singapore Conference Hall. Among those who will be receiving the awards is Dr Goh Keng Swee, the former First Deputy Prime Minister and currently the deputy chairman of the
      110 words
    • Article, Illustration
      Bukit Timah canal to be widened
      340 4 WORK ON A major canal extension which will drain off floods in the Bukit Timah area into the Kallang River will start next year, bringing relief to drivers and pedestrians and $240 million worth of work to job-starved contractors. But it will also claim
      340 words
    • Article
      New canal may pose traffic problems
      210 4 THE NEW DIVERSION canal being planned by the Ministry of the Environment may cause some traffic problems as it cuts through various roads. Ministry officials said the canal will eventually cross seven roads Dune am Road, Whitley road (near the Catholic Junior College and
      210 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      157 2 foy later. faint now. 24-hour renovations loans. Easy repayments. Yes. refurbishing your home is simple with a partner like Citibank to help. You see. we'll give you a personal loan of up to $50,000 to renovate your home with. In just 24 hours. What's more, no collateral is needed. As
      157 words
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      Page 2 Advertisements Column 2
      34 2 41 All-Girl Korean Bcind THE FESTIVAL 7 00pm 2 00am Live-Band Music Non-Stop Dancing Charming Hostesses Gracious Service /> Off ice Xitc-Cfuli Loutujc 1. Claymore Drive. #02-11 Orchard Tower (Rear Block) Singapore 0923 Tel *****26
      34 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      91 3 ■$/r* 'J--*r i Sansiro .-y" v m **»< *2 V. weft BALLY of Switzerland meets the challenge of today. The Best of BALLY is to be found at the following authorised.BALLY dealers. Bally Boutique Branches Champion Shoe Co (Lucky Plaza) Chanrai Branches Spore Daimaru D'jien Boutique Euro Shoe Shop Branch
      91 words
    • Advertisement
      Page 3 Advertisements Column 2
      684 3 Instant success. m >. r*\f [3 •> V w V -v WThe new Vectra PC from Hewlett-Packard. There's nothing quite like success. And the faster it comes the sweeter it tastes. That's why the versatile new Vectra personal computer from Hewlett-Packard represents such a perfect fit for your business. Because
      684 words
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      353 4 WORLDW/DECOURIER Changing the way the world does business. Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. 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 simple account balances to
      353 words
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  • OVERSEAS
    • Article
      Lock icon KL expected to revise policies on visits to China
      272 5 Bernama THE MALAYSIAN government is expected to make several changes to conditions regulating visits by Malaysians to China, Foreign Minister Tengku Ahmad Rithauddeen said. However, he did not say what the changes are, except that they are necessary to promote greater
      Bernama  -  272 words
    • Article
      Lock icon Thai coup trial adjourned
      72 5 Reuter THE TRIAL OF 40 MEN charged with involvement in a coup attempt in Thailand last September was adjourned shortly after its for the court to decide whether it should be held hohtaui closed doors. The prosecution, citing national security ressom, called for the hearings be
      Reuter  -  72 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      782 5 ARRIVALS Operator Same* number Locol tint* From LUFT LH688 0005 FRA/DXB OA OA472 0025 SYD/MEL SIA SQ1I 0125 LAX/TYO PAA PA21/5 0155 LAX/TYO/HKG RBA BI443 0300 BWN MAS MH681 0620 KUL MAS MH603 0905 KUL MAS MH671 0935 KUL MAS MH8II 0940 PEN SIA SQI03 1005 KUL
      782 words
    • Article
      Lock icon Bangladesh begins its third five-year plan
      197 5 Renter BANGLADESH has launched a U5514.48 billion US dollar plan aimed at increasing agricultural and industrial production, creating employment and reducing the birth rate. Planning Minister Sultan Ahmed Chowdhury said Western countries and international agencies would provide more than 50 per cent of funds
      Renter  -  197 words
    • Article
      Lock icon House approves bill to curb textile and shoe imports
      547 5 UPI, Reuter THE HOUSE of Representatives has approved a bill to limit textile and shoe imports and sent the controversial measure to President Ronald Reagan who has threatened to veto any protectionist legislation. But the 255-161 vote on the measure, which
      UPI,; Reuter  -  547 words
    • Article
      Lock icon Compromise on mixed export credits
      260 5 AFP THE US yesterday struck a compromise deal with France and Japan, under which all forms of tied development aid will be subjected to the same reporting requirements as those applying to "mixed" export credits. The move, described by delegates in Paris as a "minor"
      AFP  -  260 words
    • Article
      Lock icon EC ministers agree on steps for greater integration
      675 6 Seven years to achieve target of fully-fledged home market Reuter, AFP MEMBER COUNTRIES of the European Community (EC) have given themselves seven years to achieve a fully-fledged "home market". During two days of meetings in Luxembourg, they hammered out reforms to the
      Reuter,; AFP  -  675 words
    • Article, Illustration
      Lock icon Nato hits out at Dutch move to drop nuclear tasks
      396 6 Reuter NATO DEFENCE MINISTERS have sharply censured a decision by the Netherlands to abandon two of the nuclear missions it would perform in wartime and some argued the government was pandering to anti-nuclear protesters. The row, which overshadowed the ministers'
      Reuter  -  396 words
    • Article
      Lock icon Archbishop supports criticism of British government
      227 6 Reuter A CHURCH OF ENGLAND report criticising many of the Conservative government's economic policies drew strong defence yesterday from the church leadership after splitting politicians along party mm. The Archbishop of Canterbury, Robert Runde, the primate of the church, praised the report, and the
      Reuter  -  227 words
    • Article
      Lock icon Britain urged to have a prince in industry
      175 6 Reuter A MEMBER OF Britain's royal family should consider entering industry, starting on the shop floor and working his way up, a top Industrialist suggested. Sir Terence Beckett, the director-general of the Confederation of British Industry, said this could make more high-flying
      Reuter  -  175 words
    • Article
      Lock icon Call to set strict rules for Catholics
      136 6 UPI ROMAN CATHOLIC BISHOPS yesterday sought a lay-down-the-law catechism on faith and sexual morals to stop Catholics from picking and choosing what they wish to believe. Group after group of bishops urged church lea*>" era to draw up a compendia/ um of Catholic
      UPI  -  136 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      172 6 The Polo by Piaget. An inimitable sports watch carved link by link from a solid block of 18K gold. Racy elegance and purity of lines make it an acclaimed classic. A tribute well-deserved because Piaget is one of Switzerland's most celebrated names in handcrafted timepieces since 1874. The Piaget Polo
      172 words
    • Advertisement
      Page 6 Advertisements Column 2
      136 6 Express your individuality Express your personality with a distinctive, vital look which you can easily co-ordinate at Melwani. Select from a wide choice of reputable suitings, from names such as Wain Shiell, Dormeuil, Zegna and other top quality brands. Choose readymade clothes, shoes and accessories that will complement and reflect
      136 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      45 6 Doonesbury DEAN HONEY, NOT A WORD OF MY U/fNPFALLTO ANYONE UNJ TlLim/NKTHTS 1 THFOU6H.OKAY NOTSM your uncle duke, S/R* < I fSSM? H ESPECIALLY MY UNCLSPUK3! irsAsecxsj, UNDERSTAND* A SECRET/ ASECFET. YES, SIR. YOU CAN COUNT ON i a s Ml tfl iJii BY GARRY TRUDEAU
      45 words
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  • WORLD BACKGROUND
    • Article, Illustration
      Lock icon Corazon Aquino a real threat to Marcos
      901 7 Marcos may yet be saved by a split in the opposition Reuter THE ELECTION GAUNTLET tossed down by Corazon Aquino, the widow of murdered opposition leader Benigno Aquino, presents President Ferdinand Marcos with perhaps his most serious ballotbox challenge since he assumed power
      Reuter  -  901 words
    • Article
      Lock icon Cartels are losing their stranglehold on the world
      1008 7 NYT IN THE 1970b, the industrialised nations found themselves at the mercy of Third World cartels that sent prices ■nrfaig on a half-dozen commodities, inchiding oil, cocoa and tin. A cartel that has world by the throat, is how one described Opec
      NYT  -  1,008 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      64 7 CM >1 12 > i X 5 .v yx V: ,l V if you aren't worth bit more, who is? l\ i/ /1. >u )On in v' /c'': i. WAS REGAL OVI0 Vl NP ft) 1801 I Xi)l I) hs/i i sr fe< «v v VS-' < «v j V
      64 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Westpac to raise prime lending rate
      329 8 FT WESTPAC BANKING Corporation, Australia's biggest private trading bank, will raise its prime lending rate to a record 19.75 per cent next Monday. Other major Australian banks were expected to follow suit. The recent surge in Interest rates stemmed partially from Australia's continued strong
      FT  -  329 words
    • Article
      Lock icon Bonn banker happy with weaker dollar
      196 8 Reuter THE PRESIDENT of the German Savings Bank A Giro Association, Helmut Geiger, has said he would like to see the dollar between 2.30 and 140 marks. He said he welcomed the US currency's recent fall as a continued high dollar would have induced
      Reuter  -  196 words
    • Article
      Forex markets
      809 8 SINGAPORE The US dollar closed slightly lower yesterday against most major currencies after fluctuating uncertainly on commercial selling and short-covering. Trading was thin as most operators were reluctant to open large positions due to uncertainty over the dollar's short-term direction and the absence of fresh factors. The dollar
      809 words
    • Article, Illustration
      Asian $ market
      253 8 Asian market ASIAN dollar deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Short-dates were steady at the outset in spite of a late fall in the US federal funds. Thereafter rates remained unchanged. NRCATB «H rarift sf ftr prtM hn*| rata af 12 tasks #*sta| h
      253 words
    • Article
      Simex
      344 8 EURODOLLAR futures gapped up yesterday from Tuesday's close during the opening in Simex and edged higher on corrective short-covering activities in the morning session. The March contract, after opening at 91.85, climbed to 91.98 which was temporarily resisted by the inter-exchange gap be- tween CME's high of 91.84 and
      344 words
    • Article
      Money markets
      117 8 THE OVERNIGHT rate on the Singapore interbank money market rose by H point from Tuesday to close at 414 per cent yesterday. The one, two and threemonth term rates fell by 1/16 point each across the board. inT#ri>onik rom ot 3pm ycstvrdoy* Offar U ngN 4 1/8 4
      117 words
    • Article
      Foreign Exchange
      214 8 Interbank rates at 3pm yesterday: Local dollars f Ml unit fortsgn cufftecy. ■M Oner a US dolor Stertna pound Acntrabon dolor NZ dolor Canodkm dolor 2.1335 3 1650 1 4475 1.1990 1 5352 2.1355 3 1701 1 4510 1 2033 1 5372 2.8196 7 3469 ***** ***** *****
      214 words
    • Article
      Gold
      250 8 HONQKONQ: The metal closed higher in moderate trading yesterday, supported by local physical demand and buying from the Middle East The US currency ended the day mixed but gold still closed near its high at U*****.20/50 per ounce compared with its finish of *322.70/323.20 in New York on Tuesday.
      250 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      264 8 Let us temptyou to leave the straight and narrow. First, a warning about the new Audi 80 GTE Quattro. If you have ever had the urge to test drive a car which accelerates with the breathtaking ease of a FSE jet, and sticks to corners like the bullet train you
      264 words
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      Page 8 Advertisements Column 2
      159 8 delkhtf "Everybody knows a turkey and some mistletoe help to make the season bright." The Christmas Song could well have been referring to The Belvedere's yuletide buffet lunches, now on till January 1. Feast on a tantalising spread of traditional favourites such as honey-glaced gammon ham, oysters, prawns, succulent roast
      159 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Call for surveillance to prevent bankruptcies
      206 9 AFP THE VICE-CHAIRMAN of the US Federal Reserve Bank has asked senior American financial experts to set up "surveillance boards" in an attempt to prevent banks from going bankrupt. Preston Martin said yesterday that the boards could be made up of former bank managers
      AFP  -  206 words
    • Article
      Lock icon Fed may continue to de-emphasise M-1 measure
      130 9 Reuter FEDERAL RESERVE Board vice-chairman Preston Martin gaiH the Fed may continue to de-emphasise the M-l money measure in setting monetary policy next year. "We may continue to de-em-phasise M-l and rely on the eclectic approach adopted this year," Mr Martin said in
      Reuter  -  130 words
    • Article
      Lock icon Sweden to redeem US$750m perpetual floating rate note
      327 9 FT SWEDEN is to redeem the US$75O million perpetual J QOating rate note which it arranged in the Euromarkets through Morgan Guaranty in June last year. The deal, which was the first undated issue to be offered by a sovereign borrower, is
      FT  -  327 words
    • Article
      Lock icon Latin American economist criticises Baker Plan
      227 9 AP THE US GOVERNMENT'S so-called Baker Plan is misguided in relying on private banks to ease the Third World debt crisis, says economist Raul Prebisch. "The commercial banks are... already overloaded with debts and... have displayed far from exemplary conduct," Mr Prebisch said in
      AP  -  227 words
    • Article
      Brazilian repayment plan
      120 9 HUE BRAZILIAN central haalf has proposed an init£k£payment soon of 25 per orot of debts, both foreign abtf owed by the thcee banking groups which were put into liquidation lfttf month. -"'The banks Comind, fcAHar and Maisonnave <mf US$6lO million to for«Cfrl creditors, including PjdK million of
      120 words
    • Article
      Lock icon Citic delays bond issue
      95 9 Reuter CJgNA INTERNATIONAL Trust and Investment Corp (CJtic) has postponed indefinitely its plan for a 40bffllon yen 10-year samurai bond issue with Daiwa Securities Co as the lead manager. 'Securities industry sources in Tokyo said yesterday that the borrower wanted to wait until the market stabilised
      Reuter  -  95 words
    • Article
      Lock icon DG Bank takes over banking business of BRZ
      420 9 Reuter DG BANK Deutsche Genossensc hafts bank is taking over with immediate effect the banking business of the Munich-based Bayerische Raiffeisen-Zentralbank AG (BRZ) and will run it as part of its own business. The Federal Association of People's and Agricultural Credit Banks,
      Reuter  -  420 words
    • Article
      Lock icon HK banking commissioner defends wider powers
      149 9 Reuter HONGKONG BANKING commissioner Robert Fell said bank legislation being drafted would give expanded powers to the commissioner but would contain adequate safeguards against possible abuses. He told a business meeting that although the commissioner would have more discretionary power to deal with cases
      Reuter  -  149 words
    • Article
      OUB currency options plan next year
      496 9  -  By ALVIN TAY OVERSEAS UNION BANK plans to offer currency and interest rate options during the first half of next year. The bank's general manager (treasury and investment banking), Mr Loh Hoon Sun, said currency and interest rate options provide corporate clients with an
      496 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      190 9 $50,000 at a moment's notice! Anytime access to 5 services tl V :S~ A unique new package of five banking services the only one of its kind designed specially for professionals and executives. You file just one application for instant access to five Chase services. And each of these services
      190 words
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  • LETTERS TO THE EDITOR
    • Article
      Let's be sporting about Bangkok
      517 10 IN THREE DAYS' TIME, the torch will be lit in Bangkok to signal the start of the 13th South East Asia Games. Singapore will be there in the Thai capital with a contingent of 360 and so will teams from Brunei, Burma, Cambodia, Indonesia, Laos,
      517 words
    • Article
      More information sought on that forward contract
      296 10 Dear Mr, In the Business Times of Nov 30, it was repented that the thorniest issue in the Pan-Electric saga was the forward contract amounting to {140 million entered into by one of its subsidiaries. It would be appreciated if the relevant authorities
      296 words
    • Article
      Bail-out may not be the right action
      416 10 Dear Sr, Please allow me to air my views through your paper on the current stockmarket crisis. The Stock Exchange of Singapore should not have suspended trading in all listed shares. Only the counters with financial or other problems should have been suspended.
      416 words
    • Article
      Locking came after horse has bolted
      366 10 Dear Sr, The SES Committee has once again locked the stable door after the horse has bolted. For the past two weeks, it has maintained a wall of silence and inaction, resulting in almost $1 billion being wiped off the market capitalisation of just
      366 words
    • Article
      SES suspension
      277 10 Dear Sir, Your editorial on the front page (BT Dec 3) does not appear to anticipate fully the grave consequences of the Pan-El fall. I must disagree with you on the questioning of the suspension of trading I believe the SES has done the right thing. Indeed those
      277 words
    • Article
      Apollo revealed more in 1984 report
      142 10  -  H N Sheng Ms-glag Direct», Aprils EaUsptots IM Dew ar, I refer to the editorial entitled "Here's something for the Report" in Business Times on Dec 3. Whilst we congratulate the winners of the 1985 12th ARA competition, we are of the opinion that
      142 words
    • Article
      Taiwan grapples with an uncertain future
      809 10  -  Two political and financial scandals coupled with declining exports have meant a difficult year for the Taiwan authorities. The changes in China are also making long-term planning difficult for a country with a curious international status. 808 KING reports. BOB KING TAIWAN, LONG CONSIDERED
      809 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      191 10 1 B E S3 0 .y P --AOIaajuVTO)- f C!u|o Named after the famous Champagne Mumm Admiral's Cup series with the approval of the Royal Ocean Racing Club, London. Admiral's Cup by Corum a luxury quartz watch handcrafted for those who take the helm. Enamelled nautical pennants marking the hours
      191 words
    • Advertisement
      Page 10 Advertisements Column 2
      92 10 The One-and-Only SMOKELESS Yakimku Barbecue in Asean! i fv> V Q i «v X 0. 4 I Roppongi. We're the first restaurant in Asean to install "Roaster Machines" in our grills so that you can savour delicious barbecued seafoods and the well-known Japanese Kobe beef absolutely free of unpleasant smoke
      92 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      44 10 Bri StCMT: Faaaic racier^ POLL >/oußseuF foGeTMee onfyj -iou CPNM-T G»ve oP "rwe jo& OC rnOCNiMG I CP*r*'T «T— I LL -fotce rri uißGes p*© GO I DOk'T <MOtO kou OF IT BOT RT this HOLD PI cJeex's uipoesyIrO Hp\ND ...l"~~~ s/OO NO rnoMty
      44 words
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  • SPORTS
    • Article, Illustration
      Eng Soon, Kian Tiong to play
      484 11  -  By WALTON MORAIS THE TROUBLED Singapore Professional Golfers' Association championship on Dec 11-14 received a whiff of good news when the Republic's World Cup representatives Lim Kian Tiong and Poh Eng Soon gave word of their participation. The highlight of the PGA's calender had
      484 words
    • Article, Illustration
      Lock icon Promoter seeks approval for Spinks-Cooney fight
      434 11 Reuter PROMOTER BUTCH LEWIS said on Tuesday he would ask the International Boxing Federation to sanction a heavyweight title fight between IBF champion Michael Spinks and Gerry Cooney. But such a sanction is highly unlikely since, under IBF rules, a champion can only defend
      Reuter  -  434 words
    • Article
      Lock icon Prison keeps Frazier in boxing
      365 11 AP LARRY FRAZIER, a 36-year-old ex-convict imported from the US as a substitute for last night's heavyweight bout against Britain's Frank Bruno, says being in prison for two years helped rekindle his enthusiasm for the boxing game. "I was inactive from the ring for a
      AP  -  365 words
    • Article, Illustration
      Lock icon McEnroe suffers shock defeat
      456 11 AP SLOBODAN ZTVOJINOVIC of Yugoslavia harnessed his power and aggression on Wednesday to dump second-seeded American John McEnroe out of the USfl.s-million Australian Open tennis championships at Kooyong. The 22-year-old West Ger-man-based powerhouse defeated McEnroe 2s, 6-3, 1-6, 6-4, 64) in one of the biggest upsets
      AP  -  456 words
    • Article
      Lock icon Hadlee strikes again to keep NZ on top
      269 11 Reuter RICHARD HADLEE was again the scourge of Australia with another telling spell of fast medium bowling that sustained New Zealand's push for victory in the third and final cricket test on Tuesday. Hadlee's four for 84 lifted his tally of wickets
      Reuter  -  269 words
    • Article
      Lock icon Pakistan beats England to enter squash final
      495 11 AFP DEFENDING CHAMPION Pakistan, seeded only fourth, bent England 3-0 in Cairo on Tuesday to reach the final of the world team squash championships. England, made top seed after a protest about rankings by New Zealand, got off to a ftps start when
      AFP  -  495 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1231 11 to to mm Worth watching... Jack Nicholson (loft) and Fayo Dunaway in Chinatown THURSDAY FEATURE SPECIAL Chinatown 1030pm, Channel 5 Jack Nicholson plays JJ Gittes, a cynical private investigator in this critically acclaimed film that won screenwriter Robert Townes an Oscar. Set in 1930s Los Angeles, Gittes is hired by
      1,231 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      682 11 12 13 26 27 CRYPTIC PUZZLE ACROSS 1 An animal one con play (6) 7 Very quickly, what hungry people outside a Chinese restaurant may wont to get (2, 1, 5) 8 Old name for the police (4) 10 Greeted with showers of stones? (6) 11 Reolm of the aH-round-er?
      682 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Demand for Cable shares exceeds offer
      323 12 Reuter INSTITUTIONAL demand <for 146.1 million shares in Cable and Wireless PLC offered on behalf of the British government and the company itself is well in excess of what is available, according to underwriters for the issue. "The issue is fully subScribed," David Netherton
      Reuter  -  323 words
    • Article
      Lock icon Analysts welcome GEC's £1.2b offer for Plessey
      169 12 Reuter 'GENERAL Electric Co's £1.2 billion offer for Plessey Co* PLC was generally welcomed by share analysts, although a number felt it ntis the opening shot in a prolonged battle. }o GEC said it wanted to discuss the terms of a 160p per
      Reuter  -  169 words
    • Article
      Lock icon Stock prices improve in New York
      336 12 Reuter THE NEW YORK stock market on Tuesday finished with a slight gain after pulling out of a mild decline late in the day. Analysts said the chances for further improvements may be delayed a while. Alfred Goldman of A G Edwards and Sons
      Reuter  -  336 words
    • Article
      Toronto
      110 12 D€C 03 c$ 17* Imp Oi Inco lot Prov Pip« 54* 17* 44* 18* 15V« unch Argoen hldgs 2IM, unch unch Maivey Fetg 3* Bonk Novo Scotia Bel Canada 14* 42* 33* Mc Bkidel Moteon A Moore Cp 19* 20* 27* unch Braicon 35 Norondo Norondo Mn 13* unch
      110 words
    • Article
      Johannesburg
      182 12 DEC 03 tond Unsec Wodworth 605 I425S unch -10 INDUSTtlALS MIKING S A Alpha 9506 Abercom 190 unch AE And a 940 455 5 AMIC 3250 25 Buffets 8125 4 225 1360 -15 C G Smrth 2375 25 CNA 205 5 Cons Murch Cumc Frtonce 500S 5000 25 Fed
      182 words
    • Article
      New York
      430 12 dcc es US$ 204 -4 NCR Corp 374 15 474 Ale on Akjmm 26 S FMC Cp 69 Vj 14 Norfofc 754 35* 534 Aleqheny Lud 21 20* AWd Chem Cp 45* 24 Afced Stores 65» On Cp 364 Afcs-Cholmers 3H 544 6m GAf Cp 454 119* 61
      430 words
    • Article
      European markets
      713 12 Amsterdam DIC 03 Fb ABN 530 00 -5.5 109 50 3 Ahold 73 50 -1 6 Akio 134 70 -1 3 AMEV 76 20 -2 8 Ami at 96 20 -2 3 38 60 +0 1 Bote 468 00 -13 Bur Tet 117 00 -2 Cotond ***** -6
      713 words
    • Article
      Lock icon Purchase gives Boeing an advantage
      108 12 Reuter BOEING CO's US$ll2 million purchase of De Havilland Aircraft Canada Ltd is a relatively small expenditure that puts the huge US aircraft manufacturer into new markets and may pay off in any future competition with Airbus Industrie in Canada, Wall Street analysts said. Boeing
      Reuter  -  108 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      537 12 'M 5SSBSsSiP >.-■ m if mijSM 4 /i=p HUANG PAIA o* w Srfsws* Uti Lunch llam to 2 30pm daily Sundays and Public Holidavs Bam to 2 30pm < rrtrce we vJc *t>* uMe*f inWo^ef 181. Kitchener Road. Singapore 0fi?0 Te! ?9 r )01?2 VJUIOI> III! tt'm m TONIGHT A
      537 words
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      Page 12 Advertisements Column 2
      152 12 London stocks on Pago 17 delightful daily buffet luncheon Feast on 40 delicious dishes. Menu changes every fourth day. At $14++ (adult) and $10 (child). CRQWn ®FMNCE HOTEL SINCAPORC 1«n»grO by rrtßct Ho«t» Japan Continuing the Prince Motels tradition of friendly service 270 Orchard Road Singapore 0923. Tele*: RS 228
      152 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      391 13 HONGKONG: Share prices yesterday closed sharply higher as investors moved into the market on bargain-hunting after the heavy losses of the past two days. The Hang Seng Index climbed 36.90 points to finish Just over the key 1,700 mark at 1,700.96. The index had lost 52 points in two
      391 words
    • Article
      Taipei
      198 13 DCC 04 AJ Sancora Mu» Alio Camar* KT in 21 70 ■0 05 ♦0.3 unch -0.2 Lian rt»o India Nan Yo Pta» Pacific Cam Podfic Bact Wra 12.70 28.40 15.30 13.10 •0.1 •0.1 -0.2 inch Cothoy Cora Chang l-kra Bank 43.60 Poatung Papar 078 14.20 +003 unch Ova Hrin
      198 words
    • Article
      Tokyo
      410 13 TOKYO: Shares closed higher in moderate trading but brokers said the market continued to lack fundamental energy. The market average gained 36.65 to 12,811.20 after losing 22.37 on Tuesday. Turnover was 290 million shares against 270 million on Tuesday. There was little fresh news to boost the market but
      410 words
    • Article
      Manila
      71 13 DCC 04 fmm Mort»««l Oriental B |Mn B O.OU +0.00' 0 >350 ««Kh Ac Of# 0001 Ap«x Mining B 0 0095 ♦0001 PLOT 36 50 -0.5 41 Podco B 0 001 ..wfc POOM 0 0023 -0 0008 San Mmd B 14.50 mti BmoMt Con. B COCP 90 uneh iwNwi
      71 words
    • Article
      Sydney
      377 13 SYDNEY: Australian share markets closed firmer in light trading with BHP dominating activity. Brokers said further heavy de- mand for BHP by Bell chief Robert Holmes a Court highlighted trading. He picked up more than six million shares for $8.85 in special sales in options-related deals. By the close
      377 words
    • Article
      Seoul
      77 13 DfC 04 Bank Seoul Wee 750 unch Hywdai Contf Hyundai Motor. ICAL 903 1520 555 +3 70 Choheung Bk 705 +5 Korea Fret 755 +5 Commraal Bk 755 -10 1490 +70 Dodm M 575 unch Korea Sh*> 416 -6 Daewoo Corp 575 unch Lucky Ltd 770 V 1065 40
      77 words
    • Article
      Bangkok
      101 13 DfC 04 Mm Starr Ohton Sam dry Camant 40.50 474 •0.5 •12 Alio Ftjra South Am Ftora Aruttxjyo 144 Thai Cammarad 1 Bangkok AfreM 24.50 202 ll» urtch 307 -2 Bonk torn Of Ayuiffwya Lid Bart Juckar Choroong Thai •4 unch Thai run wart Bo Thai >ndui»rtol Goaaa Thai
      101 words
    • Article
      Lock icon Wing On cancels facility
      44 13 Reuter HONGKONG PROPERTY developer and retailer Wing On Co has cancelled plans for a HKJ2OO million multi-option credit facility. Sources said the credit, originally awarded to Morgan Guaranty, was no longer desired in view of Wing On's excessive liquidity. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Hard times for Tokyo semiconductor sector
      561 13 Reuter A DEEP RECESSION in Japan's semiconductor industry, compounded by a stronger yen and worries over trade friction, has made a few pessimists wonder whether the sector will ever be profitable again "The age of profits is over," said an industry analyst at the
      Reuter  -  561 words
    • Article
      Lock icon Toyota picks site for Kentucky plant
      335 13 AP TOYOTA Motor Corp of Japan has selected a 405-hectare tract of farmland in central Kentucky for its US car assembly plant, a company source said. The confirmation followed a copyright story in the Teuneseean, a Nashville, Tennessee, paper, which quoted an informed car
      AP  -  335 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      558 13 v ii Wtere to wim, Ulinc aai eatertala m /HP ion MADE BRAND NEW, FOR YOU. The lON goes brand new with an all-new look and all-new entertainment. ON STAGE The VAMPIRE' 6-piece band from Thailand. And Singapore's very own 'GYPSY'. DJ 'Freaky Freddy' from The Music Force. Weekdays Ist
      558 words
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      Page 13 Advertisements Column 2
      121 13 At COFFEE GARDEN... 24-HOU HONG KONG MAN XIN, NOODLES AND CONGEE. SPECIAL ROASTS* AVAILABLE TOO! Abo available round-the-clock are delectable local and continental cuisines. <&Km *L' "AwfaMr from Ikm 3pm i llpm m i Ml MM mi IJ MMTmI 19 CairnhiD Orde Singapore 0922 TH: 734 6622 J^CBD < d
      121 words
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  • RAW MATERIALS
    • Article
      Lock icon Little progress at tin talks
      343 14 AFP BRITAIN'S fresh call on Monday for a "speedy resolution" of the prevailing crisis on the international tin market appears to have drawn little response from the International Tin Council's 21 other members on the second day of the ITC's fifth emergency session. The call
      AFP  -  343 words
    • Article
      Lock icon Thailand may set up own market
      230 14 Reuter THE THAI GOVERNMENT is studying ways of letting up its own tin market in the wake of a prolonged trading suspension at the London Metal Exchange and the Kuala Lumpur Tin Market. Sources at the Thai Mineral Resources Department said the department was
      Reuter  -  230 words
    • Article
      Lock icon US farm sales likely to fall
      139 14 AFP AMERICAN agricultural exports will continue to fall in 1904, totalling only US$29 billion. The US Department of Agriculture had said this would, be the lowest total for eight years and would reflect a fall of 7 per cent from |31.2 billion recorded for
      AFP  -  139 words
    • Article
      RICE
      123 14 Singapore (S$/k"k>, •m-fodown) Frogront new crop 1st 074 2nd 056 3rd 056 New Crop 25% no stock 10% no stock Thai Broken A-sup«r no stock Spcciol 046 Thai Rice 55% no stock China Rice 10% no stock 15% 069 Thai Boiled Rice 5% 067 Java Brans White special 0
      123 words
    • Article
      RAS and MRELB
      309 14 RAS prices m S cents/kg, FOB in xjles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt ***** 151 75N 150 75 I5I75N Int 1 RSS Jan 86 153 00 153 25 153 00 153 50 Int 1 RSS Feb 86 154 25 154 75 154
      309 words
    • Article
      SSR and SMR
      95 14 (cants/kg, 1-ton pallets) JAN 86 FEB 86 (current month) (forward month) NOON NOON RAS Buyers Skiers Buyers Sellen SSR 20 149 00 151.00N 149 50 151 50N SSR 50 147 00 149 00N 147 50 149 50N MRELB Buyers 5tHtn Buyers Sellers SMR CV 207 50 209
      95 words
    • Article
      RUBBER
      318 14 SINGAPORE The market closed slightly higher yesterday with January One RSS buyers quoted at 153.00 cents per kg, up 0.25 cent from Tuesday. The morning session gained 0.25 cent on some buying of nearby position in quiet trading. Prices were little changed in dull afternoon trading on lack of
      318 words
    • Article
      TEXTILES
      152 14 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 2,450 Blue Phoenix 20's 2,600 Blue Phoenix 32's 3,000 Blue Phoenix 40's V 3,300 Carded yarn, hank Blue Phoenix 21 's 2,750 Combed yarn, cones Blue Phoenix 32's 4,250 Blue Phoenix 40's 4,450 Open-end
      152 words
    • Article
      PALM OIL
      137 14 MALAYSIAN crude palm oil prices closed lower yesterday on late selling after operators turned cautious. The market earlier held steady on further covering interest, supported by the rebound in Chicago soyoil futures. In the December position, north and south regions feU MJ12.50 and 12.50 respectively to $735 a
      137 words
    • Article
      SOYBEAN
      225 14 SOYBEAN futures on the Chicago Board of Trade traded nervously mixed in light dealings at raid-ses-sion on Tuesday, ranging from down 1V« US cents per bushel in January to up V« cent in new crop. Uncertainty about the final form of the US Farm Bill with regard to soybean
      225 words
    • Article
      LONDON MARKETS
      1122 14 COFFEE Robusta futures at midday yesterday were £2 to £22 a tonne below Tuesday night's close, with profittaking from recent gains, a marginal rise in sterling against the dollar and a weak New York close depressing the market. Losses in nearby months, which had attracted most speculative buying
      1,122 words
    • Article
      Produce exchange
      151 14 ChintM Pfoducc FOB NSW 605 00 Exchange MOM rto«»| p Ok 4 (S$/100 kg). Nutmeg 496.00 438 00 ncm on 110 FOB NSW E&W FOB NSW Coconut oil Bufc FOB 65 00 Gambier CM drum FOB 78 00 FOB NSW 330 00 New drum FOB 82 00 Copra
      151 words
    • Article
      WHEAT
      234 14 WHEAT futures on the Chicago Board of Trade closed near the highs 011 Tuesday, up 4V4 US cents to Vi cent per bushel. March settled at $3.41 ¥4 after posting a six-cent range on the day. Old crop values rallied from opening lows on the outlook for steady export
      234 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      18 14 Important announcement from BAT Singapore Tobacco Company (Pte) Ltd With immediate effect: FALL HALL PLAIN 20's Kingsize: $2.50
      18 words
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      Page 14 Advertisements Column 2
      449 14 NOTICES StNOKUL-EAST (SINGAPORE) PTE LTD (In Mambart* Voluntary Liquidation) At an Extraordinary Ganaral Meeting of Singkul-East (Singapore) Pta Ltd held on 29th Resolutions were duly That Singkul-East (Singapore) Pta Ltd ba wound up volunPhilip Edmonds, Michaal Um Choo San and Jaffray Hang Ghaa Sang all of Price Water houM ba
      449 words
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  • STOCK MARKET
    • Article
      Brokers worried sick over shortened credit lines
      4032 15  -  By AMY CHEOK AFTER THREE DAYS of suspension In share trading, the Stock Exchange of Singapore opens today with no-one clear about what to expect. Trading on the Kuala Lumpur Stock Exchange will also resume at the same time following the meetings held
      4,032 words
    • Article
      Twenty-four hour ruling imposed on all transactions from today
      408 15 UNTIL FURTHER NOTICE, all transactions carried out at the Stock Exchange of Singapore as from today will be on an immediate delivery basis. This means that scrip transacted will have to be delivered within 24 hours. And payment has to be
      408 words
    • Article
      Hongkong market makes a recovery
      178 15 THE HONGKONG market yesterday recouped 37 points in a moderate half-day turnover of $229.71 nflßoi on confirmation that the Singapore Stock Exchange would resume trading tomorrow. The re-opening news discouraged speculation regarding a massive fund-raising campaign by Singaporean investors in the Hongkong stock market. Shares
      178 words
    • Article
      Selected indices
      98 15 HONGKONG Tuesday J457 .4 Week ogo 1461.3 Hong 5<no Index Wednesdoy 1700.96 Tuesday 1664.06 NEW YOftK WNk ago 1706 38 Dow Jonas Tuesday 1459.06 TOKYO Monday 1457.91 Week ago 1456.77 Nikkoi Av»roa« Wednesday 12® 11.20 Tuesday *****.55 Week 090 *****.84 Standard Poors Tuesday 200.86 Monday 200.46 TSE Indax
      98 words
    • Article
      Unit trusts
      169 15 M«min phcm for Dbc 5 Wimport Unit Trust Fint B'putro doiad Sacond B'putro ctotad Third B'putro do—d Fotrth B'putro doaad F«Hh B'putro dotad Sixth B'putro doMd Savanth B'putro (A) doaad Savanth B'putro IB) doaad Eighth B'putro doaad Ninth B'putro doaad Tanth B'putro doaad Etavanth B'putro doiad Warrior Invaat
      169 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      191 15 fr «c V mi > &r m Marquez Chamber Strings Only $3' for a drink So what are ycnj waiting for? The Perfect Notes A whisky for only $3? Unbelievable but true, we re charging $5 for every drink (except premium brands), served at the Kangxi Lounge, from 4 to
      191 words
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  • THE PAN-EL CRISIS
    • Article
      Corporatisation speeded up
      475 16  -  Broking industry reforms may be proposed early next year By LORETTA McLAUGHLAN THE AGREEMENT which the Big Four banks, the Stock Exchange all members signed the day before yesterday has catapulted Singapore's stockbrokers towards corporatisation. "That was the direction in which the industry was moving anyway," says
      475 words
    • Article
      Orange Grove unit nurtures doubts
      514 16  -  By CHAN OI CHEE A REMOTE, PREVIOUSLY non-operating subsidiary, Orange Grove Property Pte Ltd, has been identified as one of the biggest share investment units bf the Pan-Electric Industries group. It is understood that this Pan-Ell company, activated only in 1984, could be holding outstanding
      514 words
    • Article
      We were kept in the dark, says former director
      471 16  -  By NAJEEB JARHOM TWO FORMER directors of Pan-Electric Industries, Mr N Segarajasingam and Mr Tham Yeng Fai, were asked to resign in July after asking their colleagues whether Pan-El's cash flow problems arose out of share dealings. Mr Segarajasingam told BT
      471 words
    • Article, Illustration
      Supreme Finance officials reassure depositors with stacked notes and talk
      435 16 SCORES OF JITTERY depositors were still withdrawing their savings deposits from Supreme Finance yesterday but a company official said the number of withdrawals had dwindled compared with Tuesday and Monday. This was confirmed by a Rank Negara official who was
      435 words
    • Article
      Tham's reputation grew with Pan-El
      349 16 PETER THAM WING FAI, the other key figure in the Pan-Electric Industries controversy and a former director of the company until June this year, has kept a very low profile as a businessman at least before he came onto the PanEl scene. On Feb 1,
      349 words
    • Article
      Governor restates stand
      128 16 BANK NEGARA governor Datuk Jaff&r Hussein has described the unusually heavy withdrawals experienced by Supreme Finance as "unjustified." Reiterating his assurance on the company's sound financial position, he said there was no cause for alarm as the deposits are well-secured and that the finance company is able
      128 words
    • Article
      DIVIDENDS ANNOUNCED
      827 16 Current payment b date Books dose Date LIpoyoow Total for the yeor Total for last year A B N A 1 S B A Enterprises Amol Steel Aokom Ayer Hitom Tin B M T Botu Kowon C C M Cerebos Chin Teck Chwon Hup Cold Storoge D Keromot
      827 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      302 16 IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every business
      302 words
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      Page 16 Advertisements Column 2
      97 16 U.S. $30,000,000 A THE IGORER DEI/ELOPMENT BRMC < Incorporated in the Republic of Korea under The Korea Deveiopmertl Bank Act 0f1953) Floating Rate Notes Due 1989 In accordance with the provisions of the Notes, notice Is hereby given that for the six month Interest Period from sth December, IMS to
      97 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Simon Tay stays on top of things
      419 17 in mm™ By HOCK LOCK SIEW BUYING A listed company these days still requires a lot of money, although the price is relatively less than would be the case if market conditions were more bullish. However, if a buyer acquires not just one,
      By HOCK LOCK SIEW  -  419 words
    • Article
      Lock icon Perlis to form retail joint venture
      115 17 Bernama PERLIS PLANTATIONS Bhd (PBB) and Japan-based Chujitsuya Co Ltd (CCL) have agreed to form a joint venture to operate retail department stores and supermarkets in Malaysia and Brunei. The joint venture company, with a proposed issued and paid-up capital of Ms 4 million,
      Bernama  -  115 words
    • Article
      Lock icon Listing of MAS shares deferred
      258 17 Bernama THE LISTING OF Malaysian Airline System shares on the Kuala Lumpur Stock Exchange, scheduled for Monday, has been deferred until further notice. MAS chairman Raja Tan Sri Mohar Raja Badiozaman said yesterday the deferment was necessary in view of the suspension of trading on
      Bernama  -  258 words
    • Article
      LONDON STOCKS
      1027 17 THE market opened mixed yesterday but with a firmer bias after Tuesday's late rally which followed GEC's bid for Plessey. At 0945 GMT the FTSE 100 Share Index was 2.6 up at 1,418.2. GEC was 4p down at 182 and Plessey fell 2p to 172. ICI was unchanged
      1,027 words
    • Article
      Lock icon C I Holdings to acquire 29pc stake in Armitage Shanks
      285 17 Bernama C I HOLDINGS BHD, which is involved in manufacturing, property and financial services, has entered into an agreement with William Jacks and Co (M) Sdn Bhd to purchase a 29.38 per cent stake in Armitage Shanks Malaysia Sdn Bhd.
      Bernama  -  285 words
    • Article, Illustration
      Duta Consolidated raising M$73 million
      639 17  -  By NAJEEB JARHOM AMIDST THE current tense situation in the stock market, cash-starved Duta Consolidated Bhd, the Malaysian flagship company of Datuk Yap Yong Seong, is raising Ms 73 million through a one-for-one rights issue and a special bumiputra issue. More significantly, 'Duta' Yap is
      639 words
    • Article
      Lock icon Dunlop Olympic to buy four companies
      222 17 Reuter AUSTRALIAN-BASED Dunlop Olympic Ltd is to acquire four foreign businesses in a major expansion of its Ansell International latex glove manufacturing and marketing operation. The undisclosed cost will be funded by cash from internal resources and an institutional placement of 24.6 million shares
      Reuter  -  222 words
    • Article
      COMPANY BRIEFS
      434 17 PERMODALAN NA8IONAL BHD has bought 167,000 shares of Harrisons Malaysian Plantations Bhd for MJ564.476, raising its stake in the company to 212.358 million shares from 212.191 million shares. Mr S S NADKARNI has been appointed a director of The Industrial Credit Investment Csrpsratlsn *f India Ltd. TOKYU LAND
      434 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      47 17 V tePI>SSSSS •T-:"-,'fc 1 ./.s® 1 ii'^ 1 fls n) (|u»*£l T aP anf* a* ott cr Jja^ £1* a* d fCAMPACfff Japanese Restaurant Hotel Equatorial. Tel: *****31. 4th storey. World Trade Centre. Tel: *****28. 6th storey, UIC Bldg, Shenton Way. Tel: *****15. Manage! bv 1 tjutiraria/
      47 words
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      Page 17 Advertisements Column 2
      125 17 a m* p.o o 1 o rnix BR& s m v k «Vi ss Will 9 WW H A tn K //y 1 u t fl V I S0 v{ w 4Z» •v; i S > 4 Even though your house is under mortgage, you can still raise additional funds
      125 words
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  • Article
    New proposals to bolster exports
    447 18  -  By FOO CHOY PENG, Chief Reporter NEW FINANCIAL and fiscal measures designed to hone Singapore's export performance have been recommended by a subgroup of the Economic Committee charged with identifying possible areas of growth. The group has identified seven areas of potential development, including aircraft
    447 words
  • Article, Illustration
    Australia moderates fee increases for overseas students
    513 18  -  By FLORENCE CHONG ASIAN STUDENTS studying in Australia have gained major concessions from the Australian government in their fight against sharp increases in university fees. The government has agreed to reduce the increases to 15 per cent instead of 40 per cent as
    513 words
  • Article
    Record rise in banks' overdrafts in September
    351 18 BANKS' OVERDRAFTS rose by a record $1.8 billion to $17.4 billion in September. The rise was fuelled largely by companies drawing down unused credit to take advantage of high rates in the local interbank money market. The huge increase, disclosed in the October
    351 words
  • Article
    Yokogawa to explore new areas for investment
    264 18 OPPORTUNITIES for Singapore to become the base for the development of industrial software systems will be discussed today when Prime Minister Lee Kuan Yew meets the president of a leading Japanese systems control group. Mr S Yokogawa, the president of Yokogawa Hokushin Electric
    264 words
  • Article
    Lock icon Trade boycott threat
    75 18 Reuter ASIAN nations should boycott US trade and investment if President Reagan fails to veto a protectionist textiles bill approved by Congress, the chairman of the Indonesian Textile Association said. "Such a Joint action would be easy to coordinate as all Asian countries have protested against the
    Reuter  -  75 words
  • Article
    Lock icon Comex gold
    96 18 Reuter COMEX GOLD FUTURES firmed on active buying by banks and dealer houses yesterday morning, following reports of active buying by Middle Eastern traders on overseas markets. Spot gold rose US$l.3O at $323.80 an ounce. The leading February delivery gained $2.30 at 329.00, in a penetration of Tuesday's
    Reuter  -  96 words
  • Article
    Lock icon Dow Jones higher
    57 18 Reuter THE NEW YORK stock market headed higher in early trading yesterday, continuing an advance that developed late in the previous session. The Dow Jones Industrial Average was up four points t*****. Broader indicators also were higher and advances led declines by an eight-seven margin. Texaco led
    Reuter  -  57 words
  • LATE FILE
    • Article
      Subroto on Asean oil output
      53 18 INDONESIAN MINES and Energy Minister Dr Subroto said yesterday that by the early *****, the combined oil output of Asean countries could reach 2.5 million barrels per day. He told the Asean Petroleum Council Conference that Indonesia. Malaysia and Brunei would remain Asean's major oil
      53 words
    • Article
      Lock icon Ver reshuffles senior officers
      29 18 AFP PHILIPPINE Armed Forces chief General Fabian Ver yesterday announced further reassignments of senior officers and the release of funds to raise troops' pay. AFP
      AFP  -  29 words
    • Article
      Lock icon Extremists bomb US bank
      47 18 AFP A BOMB EXPLODED in Antwerp yesterday, causing heavy damage but no casualties at the Bank of America's offices. Police said the attack was claimed by the Fighting Communist Cells who gave a warning before the explosion allowing staff to be evacuated. AFP
      AFP  -  47 words
    • Article
      Lock icon Accord on HK passport wording
      39 18 Reuter BRITAIN and China yesterday reached an agreement in principle on the wording of a new British passport guaranteeing holders the right of abode in Hongkong after its handover to China in 1997. Reuter
      Reuter  -  39 words
    • Article
      Lock icon China's condition on joining ADB
      33 18 UPI CHINA said yesterday that its proposed membership in the Asian Development Bank was contingent on current member Taiwan dropping its designation as the "Republic of China". UPI
      UPI  -  33 words
    • Article
      Lock icon McFarlane resigns
      30 18 UPI US NATIONAL SECURITY Adviser Robert McFarlane has resigned from his top foreign policy post after a protracted feud with White House Chief of Staff Donald Regan. UPI
      UPI  -  30 words
  • Page 18 Advertisements
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      56 18 Outlook for today: Showers over several areas in the late morning and afternoon. Report for 24 hours prior to 7 30pm on Dec 4 ot the airport: Maximum temperature 29.8 Associated humidity 71 Minimum temperature 23.7 Associated humidity 96 Hours of sunshine 2.30 Roinfoll in millimetres 0.2 Roinfall this month
      56 words
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  • SHIPPING TIMES
    • Article
      SMOU in collective agreement talks
      498 19  -  Union granting concessions to help preserve jobs By LINDA CHEE THE SINGAPORE Maritime Officers' Union (SMOU) has started talks with shipping companies in a review of current collective agreements to preserve and create more jobs for its members. It has so far concluded a round
      498 words
    • Article
      Indonesian carrier expanding service and port coverage
      215 19 MASKAPAI PELAYARAN Pulau Laut (PUL) is adding one more container vessel in its Singapore-In-donesia service and extending its port coverage to Surabaya, Semarang and Panjang. The Indonesia carrier also plans to include Padang and Belawan at a later stage. A chartered vessel, the
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    • Article
      Lock icon Gulf of Bothnia plagued by bad weather and strike
      136 19 Reuter A SUDDEN COLD SNAP and a strike by icebreaker engineers is threatening to disrupt shipping in the Gulf of Bothnia, the Finnish Board of Navigation said. A board spokesman said temperatures as low as minus 25 degrees Centigrade had formed
      Reuter  -  136 words
    • PORTSIDES
      • Article
        Lock icon Compensation for importers
        109 19 Reuter INDONESIA'S state oil company, Pertamina, has agreed to compensate Japanese liquefied natural gas (LNG) importers for additional costs they may incur when Pertamina starts liquefied petroleum gas (LPG) production. A spokesman for an LNG customer said that Pertamina agreed to compensation after Japanese buyers, and two
        Reuter  -  109 words
      • Article
        Lock icon Changes to CAFs
        88 19 Reuter THE AUSTRALIA Northbound Shipping Conference is to lower its Australia to Japan and Korea Currency Adjustment Factor (CAF) to 22.36 per cent from 23.59 per cent, effective from Jan 1. However, it will raise its Australia to the Philippines, Hongkong and Taiwan CAF to 9.95 per
        Reuter  -  88 words
      • Article
        Lock icon Helicopter rescue for 20
        71 19 UPI HELICOPTERS have rescued 20 Australian scientists from an Antarctic supply ship trapped in pack ice since Oct 28. The scientists were transferred safely from the stricken Nella Dan to another supply ship, Icebird, about four km away on Tuesday. Hours before the rescue of the
        UPI  -  71 words
    • Article
      LONDON FREIGHTS
      1165 20 THE ESTABLISHED stable tone held firm on the London shipping freights market on Tuesday, with no particular sector of the market standing out. A number of iron ore orders found cover. Cetragpa worked 100,000 tons from Nouadhibou to Fos aboard the China Victory at US$2.9B (fio), while Fos
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    • Article
      Lock icon Chinese company puts priority on foreign trade
      1152 20 Lloyd's List THE POLICYMAKERS at the China Ocean Shipping Company's (Cosco) head office in Beijing have a pragmatic outlook. They identify the problems of China's domestic transport systems and emphasise that until these are rectified, they should be realistic about increasing fleet size.
      Lloyd's List  -  1,152 words
    • Article
      Fir trees from America making headway in foreign markets
      144 20 SEA-LAND Services is helping an American tree grower tap the market for fir trees. This follows a successful experiment which Sea-Land, Yule Tree Farms and Transfresh Corporation conducted last year. They found a technique for preserving the trees during the long
      144 words
    • Article
      INDEX TO ADVERTISERS
      689 20 AB Shpg V 5 Afea Line VI 3 Artro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL IN 2/3 ASCL III I Bait-Canada Line VI 4/5 Bait-Orient Line VI 4/5 Bank Line V 5 BBS 1 4/5 Bayswater Shpg IV 2 Ben Lme Cont
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    • Article
      APL wins right to transport Japanese car parts to US
      179 20 TRADE LIBERALISATION in Japan's transport sector has provided a fillip to American President Lines. Officials of Toyota Motor Corp recently visited APL's office in Oakland to designate it as the first American-based shipping company to transport containerised knocked cars regularly
      179 words
    • Article
      Lock icon New Orleans under fire from port users
      298 20 Fairplay PORT USERS contend that New Orleans's port charges are the highest in the US Gulf. The New Orleans Dock Board maintains that it is acutely aware of the competitive environment and is doing everything it can to meet the challenge of Houston,
      Fairplay  -  298 words
    • Article
      Lock icon Planned Soviet-Filipino deal worries US
      216 21 Seatrade Week ANXIETY is growing at the US State Department because of Philippine moves to work out a deal with the Soviets for the drydocking and repair of their merchant vessels at Filipino shipyards. American concern over these moves surfaced for the first time late
      Seatrade Week  -  216 words
    • Article
      Lock icon Quiet winter for shipping likely
      386 21 AFP TANKER MARKET firmness should continue into December, but the present level of activity is unlikely to be maintained into the new year, London shipbrokers Eggar Forrester predicted in their monthly shipping commentary. Similarly, dry cargo markets can expect a quiet winter, and the brokers
      AFP  -  386 words
    • Article
      Australian unions softening stand against FoC ships
      571 21  -  Kingsley Wood NEWCASTLE mining unions have begun moves to ease the long-run-ning maritime campaign against flag of convenience (FoC) ships in the Australian coal trade. The bans, imposed four years ago, were aimed at forcing overseas coal buyers, and specifically Japanese steel mills,
      571 words
    • Article
      Lock icon Rainbow Warrior affair: Compensation for yacht involved
      213 21 AP THE FRENCH government has paid 700,000 francs (US$9l,OOO) in compensation for the loss of the yacht Ouvea, chartered by secret agents involved in the sinking of the Rainbow Warrior. John Louzier, a lawyer acting for Noumea Yacht Charters, which owned the yacht,
      AP  -  213 words
    • Article
      CONSORTIA
      190 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.
      190 words
    • Article
      Company to offer services for hazardous cargo
      123 21 A NEW VENTURE to provide haulage and associated services to ISO tank container operators has been launched in Felixstowe. Tank Container Services (TCS) has been established by the Russell Da vies container haulage and depot services group, which acquired the assets of Tank
      123 words
    • Article
      SHIPPING EVENTS
      719 23 Dec 4-10 Marintec China '85, exhibition and conference, Shanghai, China (details: Lloyd's of London Press, 26-30 Artillery Lane, London El). Dec 5 Navigating with electronic charts, joint Nautical Institute and Royal Institute of Navigation seminar, Nautical Institute, 202 Lambeth Road, London. Dec 9 Membrane type LNG carriers application
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    • Article
      SHIPPING LIST where your ships are due...and when
      5589 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.
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      CONTAINER SCHEDULES
      709 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Omex Pioneer 23/492 05.12.85 2100 Borneo F1 1200-1300 B6 Ratana Bhum 49N 05.12.85 2330 S'pore Shpg Fl 1430-1530 Nl Urn Pioneer 019LA 05.12.85 2300 G Asia F1
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    • Article
      Who acts for whom...
      1639 27 The leading shipping lines operating from local ports and their agents. A—» A Top EnttrpfMi Pte Ltd Same (S) AB Shipping Bousteod Shpg Agencies Ateo Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oce oners ShippmgAgenoes (S) MuJtiport Sdn Bhd (PK)
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      PORT CONDITIONS
      947 28 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. Bahia Blanca 10-18 days. 2 vessels berthed, 4 awaiting. AUSTRALIA Nov 20 Queensland—Cairns, Mourilyan,
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      SHIPS IN PORT
      604 28 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Cottbus Jenson 4 Koto Solom Nestor Sky Straits Pride Coral P'cess Koto Agung Kota Berkat L Petafing 2 Trans Hav Wahngs PASIR PANJANG S-£-Haider Thanh Da Velenje AJtis Coral Venture Linhai 25 Seng Leong Sibolangit Sri Arika
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      977 19 Monthly from Pitman Available at all good bookshops and newsagents IP Times 111 ly Distributors ORIENT OVEIgEAS Contained IINE Agents: MRME SHffWG MDICKS (In 242M4/00K) ,Ym?, 70 Station Way *0403 Mom* Home S*Mpof» 020/ Ift *****11 T«tw *0 RS ***** SmrUS OS OfflCE IPC ****** Id *****31 2220(3) rr OMict
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      Page 19 Advertisements Column 2
      66 19 [KMDB CHINA OCEAN Shipping Compony is optimistic thot China's seventh five-year plan will have proposals for improving port operations. Page II TANKER MARKET firmness should continue into December, but the present level of activity is unlikely to last into the new yeor. Page 111 Index to odvertisers II London freight
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      Page 19 Advertisements Column 3
      1346 19 hi Search of EXCELLENCE. /.X /v r 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 v STh THE BOOKSHOP MAERSK LINE TACOMA TO: SMGAPORE 19 DAYS PORT KELANG 22 DAYS PENANG 23 DAYS
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      Page 20 Advertisements Column 1
      513 20 YAMASHITA-SHINNIHON LINE CONTAINER SERVICES USA/CANADA FMMT M iks »ce FAMLT ACE GLOtY »CE m Std SM In Port 9/12 10/12 12/12 15/12 17/12 13/12 23/12 24/12 2t/12 Pacific South Wnt Fawlar at Tokyo Mother VSL LA/LB OAK TAMASHN M 4/1 7/1 ZEEIAMHA 11/1 14/1 S MSHL M. It/1 21/1 f
      513 words
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      Page 20 Advertisements Column 2
      336 20 Supercarrier Service i N ROCtCSTER buki tccxn N ROTTERDAM rif r «n?ll NEXT ARRIVALS BARBiB T«*P* 15/12. BARBER TEXAS M TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA BMKR BMKR TEXAS 7/1 12/1 13/1 15/1 11/1 17/1 15/1 21/1 21/1 23/1 25/1 27/1 27/1 1/1 3/2 5/2 7/2 7/2
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1149 21 The Straits Steamship Group occ Mansfield Container Shipping Re Ltd Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK SPORE Also Accepting Cargo For: kimtxxt to Copenhaien. Aartius Gothenburg, Malmo, Stocklwtn. Hetunfci. Rotterdam to Antwerp. Amsterdam. Oslo Bremenhaven to Bremen Southampton UK
      1,149 words
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      Page 21 Advertisements Column 2
      529 21 Franco Belgian Services kF+j Man P* k±4 rw< w-vi Bt^um Far L%n*j) <¥ (MEMBER OF ACE CONSORTIUM! r# CHARGFIfRS HAVRAISE MEDEX. I INF jm (MED CLUB MEMBER) CHARGEURS REUNIS /I*l se Ml CONTAINERISED SERVIC6 TO WEST AFRICA '•tN^APORf f«l<IU»IS 222J7U .'b r??4WI Jer-rvMl ???4041 Optorg Shipping Pte. Ltd Port Kvlarvg
      529 words
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      Page 22 Advertisements Column 1
      426 22 Hapag-Lloyd TO CONTINENT/UK EXPORTS On carnage to Scandinavia, Med, Carribean &S. America Inland haulage to inland destinations in Europe S pore PK etant Penanj leinesßdbao Genoa Hbw| Hdam Bha»en A'werp Peter Rickiiwrs S/I2 9/12 11/12 3/1 7/1 20/1 14/1 11/1 11/1 Konfcar Theft* 20/12 22/12 16/1 24/1 BN Youros J/1
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      Page 22 Advertisements Column 2
      353 22 m FULLY CONTAINERISED SERVICE TRANS WORID BROGE 27E CHNA CONIAMfI 32f CR PARIS 2E PKelanf Spore HKonf Kawlwnj Busan Trt»o <13 1?) 10 1? 1« 1? 1? 18 1? 1312 (19/1?) 17/1? 71/12 72/1? 30 12 27/12 (26 12) 2« 12 28 12 29*12 1/1 6/1 FUIIY CONIAINfRISED TO FROM
      353 words
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      Page 22 Advertisements Column 3
      1239 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) SGP U IK 111 ROM GUAM) 1/12 11/12 29/12 31/12 2/1 EVER GROWTH 15/12 25/12 5/1 7/1 5/1 DM ANN LHV NTC WK 2/1 3/1 4/1 12/1 14/1 1/1 10/1 11/1 19/1 21/1 EVER GRADE 22/12
      1,239 words
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      Page 22 Advertisements Column 4
      324 22 US I NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKelanf loadnf tar: OCEANA QUEEN 15/12 Lae, Orobay, P. Moresby, Kieta Rabaul Honiara KYOWA COSMOS 16/1 f. Moresby, Lae, Honiara, Kieta. AGENTS W SMGATOM SJNOSE MARITIME PTE
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      Page 23 Advertisements Column 1
      557 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 VESSEL KOTA TIMUR KOTA RAJA KOTA WISATA KOTA WIRAMA KOTA RATNA EAST AFRICA/REDSEA SERVICES VOYAGE HONGKONG SINGAPORE LOADING FOR: E-595 10-11/12 16-20/12 TAMATAVE, MOGADISCIO, D'SALAAM, MOMBASA, DURBAN E-599 22-23/12 28-31/12 ADEN. HODEIDAH, JEDDAH, AOABA E-601 11-12/12 17-22/12
      557 words
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      Page 23 Advertisements Column 2
      715 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CC HAM Hongkong EipressSaded Bfnjlflfi SIM Cit» of f drtwrfti Sited Kitano Maru Sated Hamburg Eipress 11 12 Osaka Bay II 12 Kasuga Maru 21 1? Ben a»on 4 1 Hongkong Eipress 11 1 6 HAVEN R OAM Sated
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      Page 23 Advertisements Column 3
      597 23 DJAKARTA LLOYD INDONESIAN NATIONAL LINE FAR EAST TO/FROM S PORE CONTAINER SER BUSAN YOKOHAMA AOK KAOHSUNC HK I S PORE GOWAmMB 22 23 11 25 26/11 27/11 1 2/12 3/121 S/12 CONVENTIONAL SAILING DIRECT TO NORF STOW NORFOLK NORIEAN NEPTUNE CTPRINE 30,12 I IC/2/M 23/2/00 UK AM AISO ACCEPTOtt MISA
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      Page 23 Advertisements Column 4
      707 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Lashw V 52 Pa-an VS9N Paean V93W Spore 6/7 Dec 12/14 Dec 9/11 Dec Phashwegyawywa V26IW 18/20 Dec \> BANK LINE EXPRESS SEMI-CONTAINER SERVICE TO UK/CONT MEADOWBANK IVYBANK SPORE R'DAM 18 Dec 13 Jan 20 Jan
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1455 24 ECUADOR/PERU/CHILE [j K LINE KAWASAKI KISEN KAISHA. LTD. (UDtR wsi lOHt*( B*lool «S0 MOIHIR VSI SPORI CONCORDIA SUN V7?03 2 Dec SPORI NAGOYA GUAYAQU* CAll AO MICA 7 Dec 24 Dec 21 lan f*b IQOIQUI AUGASTA SANIONIO VALPARAISO 5 Feb 6 feb 7 feb 9 Feb CENTRAL AMERICA/CARIBBEAN SEA HtWR
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      Page 24 Advertisements Column 2
      738 24 '/te AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Imer Vessel S(*»e RAMDAS 6 Dec CHAWDAS 15 Dee KABIRDAS IS lan RAMDAS 5 fet) Ilk-it I rem S«4n 21 Dec 30 Dec ?8 Dec lan II lan 10 l*i JO lin I fet) i frt 20 Frt IM» 27 frt INDIA
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      Page 24 Advertisements Column 3
      556 24 G GGOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD R«in| lunf Provncul Bin* BuMn{ 60 Ck4 Strf*t SJNGAPOM 0104 Ttl *****90 (It INS) P Ketjnf 03 *****1 Pen#* 04 6?MM Pji» Gudjnf Afent OMNI IIOTO (M) SON BfC HI 07 *****0/1 STRAITS/PERSIAN GULF SERVICE: S poff P HHang Prnjng GOIOENMAttN lt/17
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      Page 24 Advertisements Column 4
      528 24 INTRASEA (PTE) LTD. 10 Anson Road ®27 16 International Plaza Singapore 0207 Tel *****11 10 Lines) BHbBI£LBX£L-K.WMn BREAKBULK SERVICE TO EUROPE/UK WINNER *****18 Sjied FORT CARIETON *****20 Saled P KeUngLoadng for Safed ESBJERG/ROT/ANT/ UK (AVON) 9/12 ROT ANT UK (AVON)/ BELFAST A|tnh Snt*>o>f MTKASCA (PTE) ITO BOOKMG 224ft511 K limpur
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      865 25 V*x NOL \\NEPTUNE ORIENT LINES LTD Agents S pu>r NfPIUNE AGENCIES PTE LID IH Mo olhce Terminal CfS BOOKINGS 2 7895?/ FE EU AUST TPA St A *****77 *****22 *****53 OP D*fCT LINES *****53 *****4? I Bihiu HARPER mh SOW BHD *****0 P Kelan| HARPER WW A SOW BHD *****1
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      Page 25 Advertisements Column 2
      587 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON SPIWI *UPItS WPIUNI AGINCKS PTE lID Trt ?/8997 1 ?/***** (Booking) 2227M0 (Opttatwrn) ??09?84 (Ifrnwiil) ??0?4S0 ??n?SO4 (CfS) mii mi« *a*is lUNAS yilA SON BHO Kl IH *****0 *****4 PK lei J***** PEN Id *****V*****b CEYLON
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      Page 25 Advertisements Column 3
      955 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** f. KELANG PENANG M/S SHARftAT WAH SOON SON. BM>. IST ANO 2NO FLOOR. MESSRS HAI THONG SMPPMG 127 Penang
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      Page 25 Advertisements Column 4
      120 25 5* K S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Somtrwl Ro»d. #06-01. Ng T«o» Yh»# Bldg S por* 0923 T#l 235 5444 (4 linns) Po>' l.fj Pr\j Sdr Bhd Tet 03 !IS0?4 b 'fijnj Mjijru '(14» I T-ar-ipml 11<3 If' 6?89< 4 637?S Pis* Mjinvjr Mmpr>(
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      756 26 Kcjilmiiil Container Uim s PORE P.KELANG -PENANG SERVICE BUNG* KEMUNNG N46 546 BUNG A KEMUNNG N47/547 BUNGA KEMUNNG N4B/S4B COMPAGNIE MALAGACHE DENAVIGATION (Madagascar National Shipping Line} AN OCEAN/AFRICA REGULAR SEM-CONTAINERISED SERVICc va S PORE LOAWNG FOR BETSBOKA 10/12 Jan M L««, Reunion. Tamatave BETSBOKA 10/12 Mar Durban. Daretalam. Mombasa do
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      180 26 Regional Weather 45 W A •-n •2 I S§ > r A t4 V "v. fx s L 4 <K 0g B *4 <i S®^3w I idA£> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wove height K Thunderstorm Temperature <» c JL Weather Wind direction with speed
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      Page 27 Advertisements Column 1
      119 27 use AGENOES K. LUMPUR P. KELANG PENANG P. GUDANG j. BAHARU LEOSHT SPORE *****58/*****56/*****45/*****83 *****1/4 TDtMNAL *****1/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22S8SS/22U65/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE I l'li/ l "-MmHTynHI' ']r" JKIHfnTT7TTTTTTTnTi7rT T TirigTTMinn TnTinrMkHTfTMHTTriU^TTITItWiw II 'Tj/.v"m im mn rrr'M rnm etttm ftm pj pm rnm u w t;i>i H"il"-TTTl[mnT-^TTTli7WTIM[TTHTTTmirTTlHWIilH ffwrw
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      Page 27 Advertisements Column 2
      25 27 COLUMBUS LINE REEDEREI GMBH EXPRESS SEMI CONTAINER SERVICE 10 HUll ROTTERDAM HAMBURG Sin [spore SEAIION SHIPPING (S) PTE ITO SAIFS BOOKINGS TH ??OS6BI <8 hoes)
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      Page 27 Advertisements Column 3
      73 27 SEI m EiSP -3. -«T LICORNE M/V ARMAGNAC VI2LSS M V CGM VAft VILS6 M/V CGM VELAY V2IS6 Scan Dutch V TO RED SEA-MEDITERRANEAN SINGAPORE JEDOAH 24/12 11/1 23/2 -rr. TO HONG KONG-TAIWAN-JAPAN FEEDER VESSEL FROM EUROPE N Mt;UJ Mm/473 R o*pßu/U3 B ten/493 3) B'HAVEN 4) RtJAM 13/11 S)ITSEHXES
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      161 28 Authorised Consolidators for v.V APL American Pacific Lines. Inc I CON SOLI DATOR OF CONSOLIDATORS Weekly NVOCC {J>departures to all U.S.A. o Inland Destinations The only carrier frying ICL cargoes to all American Inland Destinations 'Freight To Collect' accepted e Fastest Transit Time at Unbeatable Freight Rates e Cargo received
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      194 28 CONVENTIONAL/SEMI-CONTAINER EAST AFRICA ALTIS ALTAI MARU ASTRA PEAK WEST AFRICA EARNEST VENTURE 5 Dec Mombasa. Daressalaam Tamatave, Beira 22 Dec Mombasa. Daressalaam 23 Dec Port Louis. Reunion 19 Dec P.Noire, Abidjan, Apa pa. Tema AFRICA'S N °U MMM S.A. VAAL 12 Dec Durban. P. Eliz. Capetown NEDLLOYD COLOMBO 27 Dec
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