The Business Times, 28 October 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, OCTOBER 28, 1181 75 CENTS
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  • 191 1 EXCHANGE RATES THE S$ closed st a higher S$2.1M0/50 ($2.1930/40 last Friday) against the US$ in the forex market yesterday. It also went up sharply to SJ3.0638/74 ($3.1217/53 previously) against the The local currency also firmed up against DM and M$, but weakened slightly vis-a-vis the yen.
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  • 457 1  -  Trustee stocks in good demand By AMY CHEOK SOLID DEMAND (or local shares, particularly trustee stocks, boosted share prices on the Singapore stock market to a new two-year high yesterday. Local individuals rushed to buy trustee stocks after the government announced over the weekend that Central
    457 words
  • 70 1 AFP A WILD BULL. RUN yesterday pushed the Hang Seng Index through the 2,300-point mark for the first time to 2,343.66, after gaining a whopping 57.59 points. The Hongkong Index finished 38.84 points higher at 1,482.06. The Hang Seng's latest gain surprised brokers and analysts as the
    AFP  -  70 words
  • 208 1 f A COMPLAINT against Mr JB Jeyaretnam (Anson) for breach of parliamentary privilege has been filed by Mr S Dhanabalan, Leader of the House. In a letter to the Speaker on Oct 9, Mr Dhanabalan complained that five newsletters sent by Mr Jeyaretnam to
    208 words
  • 382 1 THE ECONOMY continued to pick up in the third quarter, the Acting Trade and Industry Minister told Parliament yesterday. Brigadier-General Lee Hsieng Loong revealed no figures but said preliminary data showed the economy continued to expand, and that the manufacturing and transport and communications
    382 words
  • 121 1 UPI NEW WORLD TRADE liberalisation talks officially got underway in Geneva yesterday with the formation of different negotiating committees. The talks follow the Kennedy round of the 1960s and the Tokyo round of the *****, and are called the Uruguay round because an agenda was
    UPI  -  121 words
  • 237 1 THE POST OFFICE Savings Bank will cut its deposits rate (or the third time in three months this time by one-half percentage point with effect from Nov 1. The new rates 3.25 per cent for balances up to 1100,000, and 2.25 per cent for
    237 words
  • 138 1 Bernama THAILAND'S economic growth is projected to surpass Malay, sia's over the next five years given the relative strength and resilience of the Thai economy, which is expected to achieve 5.3 per cent growth next year. Comparing Thailand's economic development with that of Malaysia,
    Bernama  -  138 words
  • 469 1  -  ■y CHAN OI CHEE THE MALAYSIAN government is close to finalising an agreement to place out a further 10 to 90 per cent stake, amounting to between 35 and 70 million shares, in Malaysian Airline System through an international brokerage
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  • 102 1 Reuter A SENIOR Arab oil official has predicted that Opec would produce 60 per cent of the world's oil before the end of the century, double its current market share. All Attiga, secretary-general of the Organisation of Arab Petroleum Exporting Countries, told a newspaper in
    Reuter  -  102 words
  • Page 1 Advertisements
    • 56 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM mm Seating Systems 1o help you slay fit CPC 5500 A with black leather or fabric covering I Y VI .V u J PTE. LTD. Head Office: 11da tayoh Industrial fcirk *01-1387 Singapore 1231. M: *****42 (4 lines) Showroom: 1 Maritime Square *02-48/9, World
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    • 287 1 Full report. Page 13 Asian stocks, Pago 11 Mora reports on Pag# 2 Batam once again SINGAPORE BUSINESSMEN may not take the Batam project seriously because it has been on the drawing board for so long. But, some say the arrival of oil companies has turned the project into a
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    • 20 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Cartier a. X $4m vv i WJ m K m >, %v«; V- N < Fbri
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  • YESTERDAY IN PARLIAMENT
    • 508 2  -  Legal Profession Bill passed By FOO CHOY PENG, Chief Reporter THE LAW SOCIETY can, in future, comment on legislation only when its views are sought by the government. This was made clear yesterday by Law Minister E W Barkenduring the third reading of the
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    • 260 2  -  By LOH HUI YIN THE Parliament (Privileges, Immunities and Powers) Act was amended to state that members cited for contempt had no automatic right to counsel. But this change was purely consequential nothing new was introduced. Second Law Minister, Professor S Jayakumar, said that
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    • 255 2 THE HOUSING and Development Board is prepared to consider improving facilities in HUDC estates if the requests are reasonable and do not involve large sums of money. The National Development Minister, Mr Teh Cheang Wan, was responding to suggestions that improvements be made to
      255 words
    • 63 2 THE HEALTH ministry, together with the Council of Health Insurers, is finalising an Insurance scheme for catastrophic Illness. Health Minister Dr Richard Hu said he hoped to finalise the scheme by the end of the year. Coming up with the details had taken longer than
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    • 237 2 OPPOSITION MEMBER of Parliament JB Jeyaretnam had himself to blame for the delay in getting his proposed Anson People's Assembly registered, Dr Lee Boon Tang, Minister of State (Home Affairs), said yesterday. Mr Jeyaretnam had repeatedly not complied with the
      237 words
    • 65 2 THREE BILLS were introduced in Parliament yesterday. The Second Minister (or Law, Proffssor S Jayakumar, submitted the Statutes (Miscellaneous Amendments) Bill. The other two MDs were in- troduced by the Finance Minister Dr Richard Hu, who also holds the Health portfolio. They were the Income Tax (Amendment)
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    • 175 2 Dr Hu incentives for cashless payment adequate THE GOVERNMENT believes there is ao need tar more Incatlws to caoonrmeat because the progress so far towards a cashless society hss been satisfactory. Finance Minister Dr Richard Hu noted that by July this year, 78 per cent or 786,000 wcttei had their
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    • 330 2 Seminars and courses DURATION TITLE Nov 10-11 Monoging the Doto Resource VENUE Institute of Systems Science, NUS ORGANISER Institute of Systems Science, NUS TELEPHONE *****04 *****66 ext 2096 Nov 10-17 Nov 102I Nov 11 Nov 11-13 QCC Monitoring Corporate Planning in the Retail Sector Johore Investment Promotion Seminar Positive
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  • Page 2 Advertisements
    • 271 2 ECICS, we appreciate how frustrating it can be to get a new business venture moving with little or no financial muscle. Or how difficult it can be to keep afloat when your customers are sitting on invoices or defaulting on payments altogether. At ECICS, these are problems we help businesses
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  • HOME NEWS
    • 388 3  -  B* ANNA TEO THERE'S a growing interest among Singaporeans in preserving their past, says Dr Tony Tan. The Minister for Education told the audience at an international history conference yesterday that areas which he thought particularly worth preserving included Chinatown, Little India, Kampong Glam
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    • 199 3 SINGAPORE Facts and Pictures 1986, a Ministry of Communications and Information's publication, appears to be heading for an all-time best-selling record. Sales of the government publication, released only in September, have hit the 50,000-copy mark. It is sold for $2.50 per copy. The
      199 words
    • 305 3  -  By MONICA GWEE WRAPPED and delivered to your door-step, this apedal Christmas surprise is larger than you are and absolutely will not sit on your pavement without comment. A mere wave of a plastic wand called the American Express credit card and a single flourish with
      305 words
    • 176 3 A SERIES of business briefings on China will be held by the Standard Chartered Bank In six countries, the first of which will take place in Singapore today. The other countries are Malaysia, US, Canada, Japan and Australia. The main attraction of the briefings
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    • 76 3 A LOCAL COMPANY, SK Fire, has been appointed distributor for a range of fire fighting/rescue appliances ances manufactured by Simon Engineering Dudley Ltd of West Midlands, England. SK Fire will distribute the Simon Snorkel range in Singapore and Brunei and undertake body-building, mounting and after-sales
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    • 498 3  -  New building for St Joseph's Institution By JEFFREY TSANG ST JOSEPH'S INSTITUTION, one of Singapore's oldest schools, yesterday signed a $11.9 million contract for a spanking new building at Whitley Road. But the new building is likely to be only one of several changes in the
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  • Page 3 Advertisements
    • 111 3 There's only one way to discover how one of Singapore's SO best restaurants scored EXCELLENT for its food, wine and service, hut only moderate for its prices. Experience the pleasure for yourself! Basement of Tuan Sing Towers 30 Robinson Road Singapore 0104 Tel *****33 r FACTORY FOR SALE $1 MILLION
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    • 304 3 4 4 We seek him here, we seek him there Those Frenchies seek him everywhere Is lie in heaven, is he in hell? That dashed, elusive Pimpernel? The Scarlet Pimpernel Two hundred years after the French Revolution, people can be just as elusive Especially when you're trying to get hold
      304 words

  • ASIA-PACIFIC
    • 472 4 Some bankers and businessmen are upset Reuter A PHILIPPINE presidential commission tracking down the wealth of deposed president Ferdinand Marcos said it was seizing an average US$5 million Worth of assets daily from him and his associates. "We are averaging about 100
      Reuter  -  472 words
    • 192 4 AFP THE PHILIPPINE Postmaster has discouraged people from sending retouched postcards showing deposed president Ferdinand Marcos and his Imelda with fangs and horns, saying this could be grounds for libel, a newspaper in Manila reported last Saturday. "While we have had our differences with
      AFP  -  192 words
    • 159 4 AFP FOREIGN INVESTORS have full or part ownership of 7,000 enterprises in China employing an equal number of foreign and Hongkong specialists, an official of the Foreign Trade Ministry has said. More than 7,000 business executives, technicians, engineers and other specialists from West
      AFP  -  159 words
    • 136 4 AFP THE INDIAN government has announced a package at core*—ton» to exporters in its latest bid to boost export earnings and close a crippling trade gap. The concessions, announced last Friday, include tax-free import of capital goods, provision of raw material at international prices
      AFP  -  136 words
    • 207 4 AFP NEARLY 200 young Sinhalese are undergoing military training in camps run by Tamil separatists in northern Sri Lanka. Sri Lankan National Security Minister Lalith Athulathmudali said that according to government intelligence reports, the young Sinhalese training with Tamil separatists were members
      AFP  -  207 words
    • 311 4 AP NORTH KOREA had accused South Korea of advocating anticommunism as a state policy and rejecting North-South dialogue, according to a report on Saturday. Three North Korean delegations to North Korea-South Korea talks issued a Joint statement on Friday accusing the South of "agitating
      AP  -  311 words
    • 839 4 ARRIVALS Operator Sw'KI number Local Hum From SIA UA CAL CAL FT SQ117 UA805 0341 CI337 FT75 0005 0010 0155 0215 0316 KUL JFK/SFO/HKG TPE TPE IAH/ORD/ ANC/NRT/ MNL/TPE SV SIA MAS MAS MAS SIA AC SV398 SQ691 MH681 MHB1I MH671 SO 103 AC858 0440 0650 0620
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  • Page 4 Advertisements
    • 93 4 a^o c fV*. yAtVv $^2# ateH ntv^ 6 oVO u3S d^ vl > :1V r* *>£ *I'. -> vC £T. 15 I Sif! POKfc S 50 UN^ "v'' t I -it'' 1 VM*;* Kl >-v M 4 1% fl& .71 Korean Air uide bodiedjet takes off from Singapore bound for
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    • 57 4 fI 1f iJ Ifl \M The business person's choce, every I I II 111 I Tuesday. Thursday. Saturday and I I §1 II w Sunday. Leaving Changi Airport at 1 _1_ 22:00 hours and arriving at Lester B. Pearson International Airport the following morning at 12:00. Call Air Canada at
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  • REST OF THE WORLD
    • 221 5 AFP SOUTH AFRICAN Reserve Bank governor Gerhard de Kock has announced an investigation into alleged multi-million dollar exchange control deals that netted huge profits by manipulating the country's two-tier currency level aimed at halting capital (light. Mr de Kock said on Sunday that
      AFP  -  221 words
    • 257 5 NYT A FEARED AFRICAN locust plague has been temporarily averted by a massive international control effort, but experts are warning that chemical spraying must continue for months to prevent crop-devour-ing swarms that could plunge the continent back into famine. Their concern is that billions
      NYT  -  257 words
    • 319 5 AP THE BILLIONS of dollars the US government is spending on the Star Wars initiative is going to a handful of well-positioned defence contractors and laboratories, according to a new study. The Council on Economic Priorities said that more
      AP  -  319 words
    • 84 5 AP A GROUP of 545 British scientists has pledged not to participate in US Star Wars research, describing the programme as technologically dubious and a spur to the arms race. The Star Wars Research Boycott group said on Sunday the scientists, including three Nobel prize
      AP  -  84 words
    • 371 5 Reuter DESPITE promising economic news last week, many leading US analysts believe the expansion is unlikely to shake off the sluggishness that has dogged the US economy. The latest figures have been scrutinised for weaknesses by critics and hailed by President Reagan, who
      Reuter  -  371 words
    • 133 5 NYT NEW ORDERS for Americanmade machine tools dropped 12.7 per cent in September from August's level, according to a report released yesterday by the National Machine Tool Builders Association. Officials said they were surprised by the sharpness of the decline, since the
      NYT  -  133 words
    • 391 5 Reuter POPE JOHN PAUL yesterday launched an unprecedented mul-ti-denominational day of prayer for peace which has brought religious leaders from all over the world to the Italian town of Assist and inspired a truce by many international guerilla movements. Welcoming leaders representing most
      Reuter  -  391 words
    • 81 5 Reuter AMERICAN WOMEN are seeking political office in record numbers but a new poll shows more than one-third of Americans still would not vote for a female presidential candidate. The poll of 1,020 people, published in US News and World Report yesterday, asked: "For which office would
      Reuter  -  81 words
  • Page 5 Advertisements
    • 121 5 BOUTIQUE LANVIN Hyatt Regency Singapore, Scotts Road, Singapore 0922, Tel: 235 4039. •Hilton International Hotel, 58f Orchard Road, /ot-04. Singapore 0923 Tel: 734 4609 Business hours Man to Sat iaam-7pm, Sun nam-7pm Lanvm Corners at Metro Grand at Scotts and Lucky Plaza 3 MM. t k v m m nrayy
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    • 0 5 *@>_%*.|):[*<?)\:,&-:<|\=](%,|;
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  • Page 5 Miscellaneous

  • BANKING AND FINANCE
    • 481 6  -  Steering committee to receive reports By SOH TIANG KENG, Financial Correspondent THE MONETARY AUTHORITY of Singapore has set up four task forces to prepare for the launching and running of the revamped market for government bonds and bills. They are in the form of
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    • 261 6 Reuter US BANKERS have met Mexican officials and said they supported a USI77 billion commercial loan restructuring plan. Mexican Finance Undersecretary Francisco Suarez Davila and officials of the International Monetary Fund (IMF) and World Bank outlined the plan, agreed in principal by a bank
      Reuter  -  261 words
    • 293 6 HONGKONG: Gold closed firmer yesterday in fairly active trading on local buying interest. It ended at U*****.75/U*****.25 an ounce against Saturday's U*****.50/U*****.50 close and the U*****.20/70 finish last Friday in New York. On the local market, gold rose HK$l9 to end at HKS3.BII. The Krugerrand rose HK$25 to
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    • 1010 6 SINGAPORE: THE US DOLLAR closed easier against most major currencies except sterling after active and nervous late selling and profittaking by Japanese fund managers. Dollar firmness around midday prompted by short-covering and strong buying from Japanese institutional investors fell sharply in the afternoon when the rise was not
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    • 192 6 Interbank rotes at 3pm yesterday:Cmrmmokm NotIMI tsftts InMMiriM Local d«ll«rt to •M Mrt of fpfigll M <Mv mm portly currency: US dolor Storing pound Australian dolor N2 dolor Canodkm dolor 2.1840 3.0838 1 3999 1.1094 1.5734 2.1850 3.0874 1 4027 1.1121 1 5753 2.8196 7.3469 3.4286 3.4286 *****
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    • 201 6 DECEMBER US Trea—fj h—to opened sharply lower yesterday at 95.20 and lost further ground frrfHaiiy to a low of 96.14 as participants remained nervous over the supply pressure of the upcoming Treasury refunding auction. However, prices recovered slightly on anticipation of good overseas demand due
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    • 398 6 *Op«n *nt«r*st is fo» trodmg on Oct 24. GOLD (US$ a troy ounea) Opon High Low Sott Vol (Est) Dk 86 413.00 Actual Vol on Oct 24 for Doc 86: Nl. doting rang*: Doc 86: 4I5.90N. Opon lirt* 51 DEUTSCHEMARK (U8S/DM) Si S" Doc 86 0.4921 0 4947 0.4901
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    • 64 6 THE OVERNIGHT rate on the Singapore interbank market closed IV* point lower at 3 yesterday. The one-month rate shed 1/16 point while the two-month and threemonth rates were unchanged at 3. r S$ Interbank rotes at 7pm yesterday: Offer M ngM 3 2 3/4 Nnon* 2 15/16 2
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    • Article, Illustration
      219 6 Asian ASIAN DOLLAR deposit rates yesterday closed little changed at the morning's steady levels, in qubet afternoon trading. Mcitis the average of the prim lendbif rates of 12 major banks operating in Sinfapore uss OHm M 7 dor* 1 month 6 1/16 5 15/16 6 1/16 5 15/16 2 monfr*
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  • Page 6 Advertisements
    • 202 6 Tat Lm appliaa to daal in govarnmant bonds, Paga 15 UMIIMII With the wrong approach, an upgrade can mean upheaval and downtime. To make changes that really work, no problem, call Wang. No reprogramming The entire Wang VS family of minicomputers runs on a single, fully software-compatible operating system. So
      202 words

  • WORLD BACKGROUND
    • 808 7 Reuter A TYPICAL car factory worker might eat breakfast at McDonald's, assemble car parts with glue made in Connecticut, have Kentucky Fried Chicken and a Coke for lunch and buy groceries at a 7-Eleven store. Welcome to Japan. At least the Japan of writer
      Reuter  -  808 words
    • 492 7 AP LAND, RELIGION, Ideology, foreign occupation a world fun of causes drive* a «arid at war. Bat nationalism, the "we first" code that dices continents up into witwuMiig tribes, is the spirit underlying much of the carnage in the work). A survey
      AP  -  492 words
    • 737 7 NYT "JOHNNY, won't you come Join us?" Philippine President Corazon Aquino asked her truculent Defence Minister as she posed with newly-promoted generals at a recent ceremony in her office. "No, ma'am, only you, only you," Juan Ponce Enrile replied, raising his hands
      NYT  -  737 words
  • Page 7 Advertisements
    • 45 7 Leader, Pege X Jai i.Y H I Ol II puts model l>\ .1 I ('«»ultn\ Xijtoiiiatic nHAt nu-nt with complete calendar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: GI.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd
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    • 79 7 THE BUSINESS CARD DINERS CLUB CORPORATE CARD WHAT IT MEANSTO YOU: The Company The Cardholder Greater financial control feel proud and appreciated.! know Reduces cash advances the cares $350,000 worth of travel insurance Limited liability up to $125 Flexible enough to suit your system Improved cash flow Fast free replacement
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  • FEATURES
    • 567 8 WHAT 25 TRUTH? asked jesting Pilate, and I would not wait for an answer. He might have asked the same of peace. Like truth, peace is the adjective's noun, meaning what it is made to mean. The most beautiful, sublime, saintly, forgiving and childlike adjectives flock around
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    • 1057 8 Reuter AFTER 15 YEARS of planning, Indonesia's ambitious scheme to build a new city and trading centre just across the strait from Singapore, one of the world's busiest ports, is becoming a reality. Indonesia says it is not constructing a rival to Singapore, but hopes
      Reuter  -  1,057 words
    • 140 8  -  Letters to the Editor Lee Kok Kee tar Dkwtar Wette—l Marttta» Heart Dew 8b I refer to the article entitled "Rise in Singapore-registered tonnage" (BT, Oct 22). The article mentioned that on several occasion, Thome A Company had to employ foreign seamen on
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    • 63 8  -  Harry Thong Kimberty-OarT FWEast'pteLti Dear 9r I refer to the article "Knowing what to do and when to do if (BT, Oct One of the paragrapha says: "But in 19», PAG (Procter Gamble) came back with Hufgies, a better product and draw down the price at
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  • Page 8 Advertisements
    • 120 8 The747changes the way theworld flies. «><"" *1 A 0 Again With the new long-range 747-400, nonstop service will now be possible between such distant cities as Singapore and London; San Francisco and Hong Kong; and Taipei and Los Angeles at the lowest cost per seat mile of any intercontinental jetliner.
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  • SPORTS
    • 507 9  - Thanks for the memory despite some heartaches By WALTON MORAIS THE END when it came told its own story of the tournament. In other words, Mercedes Paz and Gigi Fernandez finished the US$5O,OOO Carls berg Singapore Women's Open as it began with a touch of class. Paz, a 20-year-old Argentinian
      507 words
    • 363 9 THE MARKET for tennis coaching in Singapore is unlimited, a leading tennis coach says. The Republic has one of the highest population-to-courts ratio, great weather, and lots of people interested in playing tennis but who cannot, for one reason or another.
      363 words
    • 184 9 AP MARK McNULTY shot six birdies for a final-found six-under-par 66 to win the 1986 Portuguese Open golf tournament. The Zimbabwe-born McNulty, who turned 33 last Saturday, finished the four-day tournament with an 18-under-par 270 on the 6,488-metre Vale De Lobo course, four
      AP  -  184 words
    • 259 9 AP WITH designer-skipper lain Murray at the helm, Kookaburra m cruised past South Australia yesterday to win its eighth race in nine tries in the first round of the America's Cup defender trials. Kookaburra 111, 8-1, faces winless Steak 'n Kidney today in the
      AP  -  259 words
    • 162 9 UPI RAIN, which fell intermittently throughout the day, caused postponement of Sunday night's decisive seventh game of the world series between the Boston Red Sox and New York Mets until last night. Baseball commissioner Peter Ueberroth made his decision nearly 3 l
      UPI  -  162 words
    • 224 9 Reuter STEFFI GRAF, the 17-year-oM West German tennis prodigy, won her eighth title in seven months when die triumphed at' the Brighton Classic women's tournament final Graf, ranked third in the world, beat Catarina Lindqvist of Sweden 6-3 on
      Reuter  -  224 words
    • 355 9 AFP A FINAL ROUND of 64, six-un-der-par, gave Ben Crenshaw a one-stroke victory over Payne Stewart in the storm-shortened US$l million Texas Open on Sunday. After rain had all but washed out Thursday's opening day, the organisers had planned to cram in
      AFP  -  355 words
  • Page 9 Miscellaneous
    • 1433 9 to (md mm ■> Supargkt (Halen Slater) and her earth-bound Imw Ethan (Hart Bochnar). TUESDAY PREMIERE 2.30 PM SBC Text Sample Pages. 3.00 Opening and Programme Highlights followed by Sing Sing Sing (C, r). 4.00 Words and Pictures. 4.30 The Electric Company. 5.05 Hawaii Five-O To Kil a Mind: Steve
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    • 800 9 v* GO EVER OVER-BORROW PROM S»X FEET OR LESS A LOT OF PLAYERS MISS PROM THIS V>\STANCE BECAUSE THEY ALLOW FOR TOO MUCH UNLESS THE BREAK »S OBVIOUS THE BALL SHOULD BE AIMED A AT THE CENTRE OF 1 THE HOLE 1 V EVEH WITH A SLIGHT BREAK, A FIRMLY
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  • INTERNATIONAL COMPANY NEWS
    • 691 10 NYT PRESSURE is mounting on First Interstate Bancorp of Los Angeles to increase the price it is offering for troubled Bank merica Corp, and investment banking sources say that a sweetened offer is becoming increasingly likely. During the weekend, it was disclosed that
      NYT  -  691 words
    • 559 10 Reuter FIAT HAS OFFERED to merge Italian state-owned car maker Alfa Romeo with its own executive car division, Lancia, to form one of Europe's largest builders of quality cars. Flat group managing director Cesare Romiti announced the offer last week as part of
      Reuter  -  559 words
    • 558 10 Reuter FORD MOTOR CO, awash in red ink only a few short years ago, has become a favourite on Wall Street after a sharp turnaround from the last recession that has sent profits soaring. Ford, the second largest car company in the US
      Reuter  -  558 words
  • Page 10 Advertisements
    • 558 10 ii Wft&et io wlae, &im aai saMia ALL YOU WANT JfcgO# <* < ,*rftb 80 per person M Lunch: II am to 2.30 8353Z23E553E to 2.30 181, Kitchener Road, Singapore 0820. Tel: *****22 m w m W SUPER-VAUJE SEMINAR PACKAGE For Ss2onett per person per day, all these oomplimentaries: Seminar
      558 words
    • 114 10 And now, for your great pleasure, may we present our clever combination of culinary craft and calisthenic capabilities, the incomparable Long Jiang Sichuan Prawn Roll Send one tumbling through a succulent sauce. Sensational. Come for lunch or dinner anyday. CR&wn HQMCE HOTEL 270 Orchard Road. Support 0923 TW *****56 4.*****11
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  • ASIA-PACIFIC
    • 412 11 HONGKONG: Share prices closed sharply higher in heavy trading yesterday, with the Hang Seng Index surging 57.59 points to a record 2,343.66. Brokers said US institutional demand again dominated the market, with Japanese support also evident. The already bullish sentiment after the market's recent consolidation was reinforced by the
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    • 154 11 •2J2*2J22J!2BHBjBTr r'ffa'SynWPlIWWWFT -j^KSDE jil-'MWIil Em IWgJM I III III IrTiVll III PTT^KTn 11 11 prnKpB Kuochon De* 22 60 0 1 Lh Chang Vutn Chem ram 3210 IVKh lien Hwo Indus 18 00 08 Nan Yo Plas 35 30 -02 Pocrfie Cons 22 90 -0 1 Pacific Elect Wn
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    • 425 11 TOKYO: Stocks closed mixed after fluctuating in a narrow range as investors held to the sidelines to await clearer foreign stock market and dollar/yen rate trends. The market average lost 6.00 at 16,157.80, after losing 120.20 during Saturday's half-day session. Volume fell to 180 million shares from 260 million
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    • 95 11 OCT 27 fmm Acot* M«rw>g Angto Phi Apax Mmrw B A Ha* Con. 6 Booukj Gold 0 025 24 0.007 -0 003 •4 unch Banc Patroiaum Banguat Can B First PM KMgt 0008 100 0 10 -0 001 •6 ■0.7 Lapanto B Marcoppaf Montaal 0.13 1 60 •001 ■072
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    • 463 11 BYDNEY: Australian share markets closed sharply easier yesterday, with a fall in gold prices depressing sentiment and trigger- ing profit-taking. "The gold price is having quite a psychological effect at the moment and the market is ignoring all the other fundamentals," a broker said. At the close, the All
      463 words
    • 131 11 OCT 27 W« ChW Sugar 1757 -3 Dorfm tnd 540 flO Oovwoo Corp 1012 86 Oo«woo H«ovy 1235 +105 Oamhn SkutDw 2360 -30 Dong Ah Phar 770 uncti Dong St* Stock 1230 +56 Dongbu Stwi 1430 28 Gotd Star 1569 >09 Hand Bank 840 20 Hand C«m«nt 1200 tVKh
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    • 154 11 Reuter BANGKOK: The Stock Exchange of Thailand Index was down 1.3 to 178.87 on a turnover totalling 1,377,238 shares valued at 201.26 million baht. Reuter OCT 27 Uh Ao Kham Thai A wo Fi)rt 207 7 Ayudhyo tovmfmant 196 unch Bangkok Agro-tad 42 25 075 Bangkok Bank Bank Of
      Reuter  -  154 words
    • 58 11 AFP THE CHINA International Trust and Investment Corp (Citic) has set up a real estate subsidiary to handle its property business. The Beijing-based Citic Realestate Corp will conduct real estate business and operate hotels, restaurants and tourism facilities as well as start building materials enterprises,
      AFP  -  58 words
    • 487 11 Reuter FOREIGN INVESTORS, responding to India's diversified commercial borrowing plan, have over-subscribed offerings in Singapore, London and Tokyo. Bankers and government officials said yesterday that India is relying more on the mixed borrowing package than on traditional syndicated bank loans for greater access to
      Reuter  -  487 words
    • 235 11 AFP THE JAPANESE government is raising almost 240 billion yen (US$l.5 billion) in the first public issue of shares in privatised communications giant Nippon Telegraph and Telephone Corp (NTT). A total of 502 institutional investors, such as banks and insurance firms, and 191 individuals
      AFP  -  235 words
    • 108 11 REUTERS has signed an agreement with the Tokyo Stock Exchange (TSE) to obtain a direct feed of over 2,500 real-time share and bond prices from the Tokyo exchange. Reuters will also receive reaP time stock prices from six Japanese regional exchanges in Nagoya, Fukuoka, Hiroshima,
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  • Page 11 Advertisements
    • 83 11 to wiae, aai eaMa Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is just being there.
      83 words
    • 112 11 To turn your night into gold with Freaky Freddy... just boogie down to the Black Velvet Gold Club. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine. Ladlot Night and no cover chargo for couplos
      112 words
    • 70 11 1 Malaysian Food Festival Oct 1-31 Buffet Lunch Dinner Adult: $12 Child: $7.50 High Tea cum Fashion Show $6~ Every Friday Showtime: 4.30 pm 88 ExccJuor Hotel 5 Coleman Street, Singapore 0617. Tel: *****33 i VJ! At the We feature various local specialties. We recommend... THE HAINANESE CHICKEN RICE $7.00++
      70 words
    • 161 11 m More afternoon delights now at the Mezzanine Lounge High tea buffet 3.00 pm to 6.00 pm daily. Indulge in rich cakes, finger sandwiches and much more. Price: $8.50 per person. j Fashion shows 5.30 pm every Tuesday and i k Thursday. Models parade the best from select boutiques. m
      161 words
    • 133 11 I at N*os s i wj* Deluxe Single/ double occupancy Transit Special l Td mi HI 1 mlltlMrii &aaiiMaaUbraa» trow your h—vy achodula Of iua* «MD up and rate In tha cool of our luxunou* room 19 CwM Oct* Stngaoor* 0922 Tal 7346*22 T*i RS ***** AmpM IrM partano Car
      133 words

  • RAW MATERIALS
    • 285 12 AP CHINA MAY COOPERATE with the Association of Tin Producing Countries (ATPC) in recovering the falling price of tin, a senior Chinese official said yesterday in Jakarta. Wang Tiance, director of the Chinese Department of International Relations, said his country
      AP  -  285 words
    • 592 12 NYT THE US DEPARTMENT of Agriculture has announced the largest programme in history for paying farmers not to grow corn, sorghum, barley and oats. It is offering up to US$2 a bushel for not growing these feed grains, and economists said it could
      NYT  -  592 words
    • 114 12 AFP THE PHILIPPINES would repay a two-year rice loan from Indonesia with more rice, in spite of an abundance of the cereal in Indonesia, the head of the National Logistic Agency, Bustanil Arifln, said last Saturday. Earlier reports said Indonesia would Import sugar
      AFP  -  114 words
    • 135 12 AFP INDIA HAS announced a threeyear cotton export policy, setting a minimum annual export target of 600,000 bales amid expectations of a third successive bumper crop. The government also released 250,000 bales for immediate export. The announcement last week by Textiles Minister Ram Niwas Mirdha
      AFP  -  135 words
    • 188 12 Reuter BANGLADESHI State Minister for Jute Zafar Imam said his country was concerned about a US$22O million plan by India to introduce automatic looms in its jute mills. He said in Dhaka that the plan posed a challenge to Bangladesh, whose role as
      Reuter  -  188 words
    • 109 12 OIL PRODUCTS CRUDE PRICES fell across the board in late Friday trade with Dubai quoted 10-40 US cent»/barrel (or all periods. A November Tapis blend cargo was reported done at USSI4JO/barrel FOB. Monday's Far East products market was exceptionally quiet with most prices firmer but fuel oil down on ample
      109 words
    • 190 12 MALAYSIAN CRUDE palm oil prices ended higher yesterday on covering and speculative buying after an uncertain start, supported by firmness in palm oil futures. Dealers said sentiment was boosted by the announcement of a cut in the maximum rate of export duty on palm oil and extension of
      190 words
    • 65 12 Bangkok (ust/t«m. rot) Whit* Ric« 100% 1st do** 255 100% 2nd clou 220 100% 3rd dou 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Brok«i Rtci A-l Su>« 128 A-l Special 125 C-l Sp«oal C-l Ord unq unq Loonzam Rice 100% let grodt 2VI
      65 words
    • 212 12 SMQAPORE The market closed slightly lower yesterday, with Nov One RSS buyers quoted at 187.00 cents/kilo, down 0.50 cent from last Friday. In TSR-20s, trading was thin all day and prices closed slightly lower on a lack of fresh interest. November and December TSR-20 dosed at 100.00 and 117.00
      212 words
    • 76 12 THE PUCE OP UN «I the KuU Limpir Tla Market vu uekuged frea Friday's flalsk at M$lMl per kfl> fa» fairly The aarket laeked epwitwi tipttt trwt wfltag by tla (Midi eredlter kaaks V priea itae abeve Earepe. Taraever fell te 71 teases trem 82 taet Friday M
      76 words
    • 608 12 COFFEE Robusta futures rallied at the midday call yesterday to close between £30 and £25 below Friday after going as low as £50 lower in midmorning trading. January closed at £2,320, £30 below Friday. Volume was 3,221, about half of which were switches, and there were 54 crosses.
      608 words
    • 276 12 RAS prices S coota/k if, FOB ia b NOO M CLOSE fctt 1 RSS Prompt 187.00 JlMH 188.00N 187.00 I88.00N Int 1 RSS Nov 86 187.00 187.50 187.00 187 JO Int 1 RSS Doc 86 188.00 188.50 188 00 188.50 Int 2 RSS OP 186.00 188.00N 186.00
      276 words
    • 94 12 (oM*i/k«. 1-tw HOV 86 a DEC 86 f firninrH mjmtk\ icurrom mourn; NOON V lOrworo rDOnrn) NOON RAS Bvycrt NH>> Bwy*r* S«i«H SSR 20 171.00 173 OON 172.00 174.00N SSR 50 168.00 170.OON 169.00 B*r«n I7I.00N MRELB Iwyen Jfwtn JWin SMR CV 288 00 290.00N 289 00
      94 words
    • 139 12 ChintN Product Exchangt Seiers' now dosing price» on Oct 27 (SVIOOkf). Coconut oil Bull FOB 45.00 Old drum FOB 56.00 New drum FOB 62.00 Copra Mixed Ooose) 24 buyers Pepper Muntok White FOB NLW 1390 00 Sarawak White FOB foq NLW 1375.00 Sarawak apeoai block FOB NLW 957.50
      139 words
  • Page 12 Advertisements
    • 273 12 A The Hokkaido Takushoku Bank, Ltd. (Incorporated in Japan) BALANCE SHEET (Non-Consolidated) BOARD OF DIRECTORS AUDITORS Chairman: President: Deputy Presidents: Senior Managing Director Managing Directors: Director and Counselor Director* Standing Auditors: Akira Gomi Shigeru Suzuki Kaichi Kawaguchi; Tadayoshi Kato; Hiroshi Yamauchi. Ichiro Yagi Hiroji Nakamura; Yasuhiko Sato; Yasuaki Mabuchi; Naobumi
      273 words

  • SHARE INFORMATION
    • 4121 13 CENTRAL PROVIDENT Fund account-holders and small investors were the main force behind the rally on the Singapore stock market yesterday. Trustee stocks soared after CPF members learned that they could use more of their CPF funds to invest in stocks, shares and gold from
      4,121 words
    • 178 13 SINGAPORE Rises ot»v +50 IT,.2i2«^iS <?m IS OTI tfcmr *****6*4 *****004 ?CS 760 40 OO/OS +11« till W,L«d 600 35 »TCAO( -*426 sTI 990 t» *TOtV ?"!'■<. 2 15 3020 77 KMB xt :s g!--> 22 :g gssr ss F, J20 +34 CT«»||I1I III »1>3» »2071 Th"**,
      178 words
    • 4078 13 BID and offer prices officially listed and business In and reported to the Stock Errhange at g t*["* yesterday with the somber of shares traded shown in brackets in lots at MOO alts unless otherwise specified. All Time Settlement Contracts are quoted after the word
      4,078 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 631 14  -  By NAJEEB JARHOM INDONESIAN businessman Hendra Rahardja is expected to gain from selling his controlling interest in Hongkong-listed Town A City International (TCI) to Australian tycoon Alan Bond. This is because Mr Rahardja, through Rest Star Co, will get back TCl's sole asset,
      631 words
    • 451 14 THE KUALA LUMPUR stock market reacted favourably to the Budget and share prices soared to close with widespread double-digit gains yesterday. The tin sector was again a hive of activity as mining shares were chased sharply higher. Plantation stocks also chalked up hefty gains.
      451 words
    • 2694 14 MDUSTRMLS Aono (200S) xd Ajinsmoto (3008 3045) Aio.HU(-) Alcooi (698 70S) (6) 68 AISS (668) (6) 66 (6) 67 (2) 66.5 API (686 70S) (6) 70 (1) 71 (1) 70.5 (4) 69 ASM (1478 1495) (II) 150 (4) 149(5) 148(19) 148(69) 149 Aotoh (2665) (35)
      2,694 words
    • 95 14 THE LONDON Stock Exchange has notified Reuters that the mechanism for collecting quotations for stock prices on the stock exchange will change following the deregulation of gilt and share markets yesterday. Initially, it may prove difficult to obtain prices for some non-UK stocks quoted in
      95 words
    • 368 14 MBT ARAB-MALAYSIAN Securities, the first stockbroking firm to be corporatised in Malaysia, has outlined three strategies to establish itself as a major force in the industry. AMS chief executive director, Lee Slang Chin, told MsUMyaUa Business Times that the strategies are to develop a research
      MBT  -  368 words
    • 115 14 HONGKONG All Industrials Hongkong Inbox Monday rnooy 2117.3 2129.9 Monday 1482.06 Friday 1443.22 WMk ogo 2119 9 WMk ago 1403.21 NEW YORK Hong Song Indax Dow Jono m Monday 2343.66 Frxk)y 1832.26 Friday 2286.07 Thursday 1834.93 WMk ogo 2227.76 WMk ogo 1837.04 TOKYO Standard 4 Poors Nikkoi Avorogo
      115 words
    • 235 14 p( IC® MARA-Bum iputra for Oct 2S Flret B'putra Second B'putra 525 5.30 4.76 4.81 tjnjspow U Mt Trust Third B'putra Fourth B'putra 3.71 376 4.24 4.29 Tho Commorc* 0.93 1.00 Fifth B'putra Sixth B patro 2.75 2.80 Tht Sovngi Fund 0.85 0 91 2.75 2.80 S'por* Prog
      235 words
    • 421 15 wm mm m i By HOCK LOCK SIEW THE 4.2 PER CENT increase in earnings per share at Singapore Airlines during the first half of the year proved good enough for most shareholders. Yesterday, the shares soared a further §0 cents to close at $9.90
      By HOCK LOCK SIEW  -  421 words
    • 654 15  -  Shareholders approve sale of Hyatt Regency to Borneo Properties By LORETTA McLAUGHLAN SEALION HOTEL'S shareholders yesterday voted unanimously in favour of selling the Hyatt Regency Hotel to Borneo Properties in spite of receiving a last-minute mystery offer worth $36.5 million more. At an
      654 words
    • 593 15  -  By NAJEEB JARHOM IN ADDITION to its foray into the stockbroldng business, Tat Lee Bank has applied to the Monetary Authority of Singapore for approval to deal in government bonds. These two new activities are the first to be identified in the
      593 words
    • 279 15 A MEMBER of the Metal Containers Ltd (MCL) group of companies, Carlee Electronics Pte Ltd, has issued $1.2 million 4 per cent convertible unsecured loan stock to the five largest shareholders of MCL. At the same time, one of MCL's substantial
      279 words
  • Page 14 Advertisements
    • 627 14 At an Extraordinary General Meeting of the members of KARIMUN IMPEX PTE LTD duly convened and held at 2JO pm on the 22.10J6 the following special resolution was duly passed. "That the company be wound up voluntarily pursuant to Section 290(1 Kb) of the Companies Act (Cap. 186) and that
      627 words
    • 241 14 NOTICE NOTICE IS HEREBY GIVEN that, I Chua Khoon Lian of No. 211 Serangoon Ave. 4 #09-32 Singapore (1953), have applied for a Second Class Beer House licence in respect of premises at M/s Shi Wei Tian Elating House at 331, Upper Paya Lebar Road, Singapore (1953); and that this
      241 words

  • Page 15 Advertisements
    • 161 15 :-,v -v o>%i* 1 1 I i'-V-.v 5cV-.rr^ ■Vx 45i sSS «u .S\A\\\V V fe .a\W n 1 V*VV.W NV j£/>> ~VNN\V V ~Sr; p^^-^NNNV^ ferSS \S>s*^J\N\N< v\V^^ o»Down here, nobody can touch us rp> v-V;** -^s^ v =3TZ :-£&r/a It wasn't surprising STC got the contract to supply and
      161 words

  • 395 16  -  Quarterly survey gives reasons for decline in credibility By BRIAN GOMEZ MALAYSIA'S Bank Negara has been losing credibility in "financial circles" at a time when a lot of heat is being generated over whether or not the ringgit should be devalued, according
    395 words
  • 333 16 SYNDICATES involved in drug smuggling are reportedly working closely with communist insurgents in the jungles along the Malaysian-Thai border, according to a report by Hongkong's Political k Economic Risk Consultancy Ltd. "There is evidence that communist camps are being used
    333 words
  • 288 16 SINGAPORE FINANCE was the winner by default in the court inquiry to determine the rightful owner of 520,000 Acma Electrical Industries shares seized by the Commercial Affairs Investigation Department in connection with the Pan-Electric Industries crisis. Magistrate Hamza Moosa ordered the shares, part of
    288 words
  • 46 16 Reuter A BEIJING newspaper yesterday began running obituaries of China's once reviled intellectuals, saying that it was responding to public demand. The daily column in the Guangming Daily will report the deaths of people ranked assistant professor or above, and also outstanding schoolteachers. Reuter
    Reuter  -  46 words
  • 266 16 AFP THE INDONESIAN government's latest moves to deregulate the economy have been applauded in Jakarta as "right steps" towards improving the country's investment climate and spurring economic growth. "These economic measures were long awaited" and exactly what were needed, Indonesian National Bank Association chairman I Nyoman
    AFP  -  266 words
  • 364 16  -  By LIM SOON NEO TELECOMS will soon award a contract worth close to $90 million for the supply of digital switching equipment to meet increased demand for services. The contract attracted bids from the world's leading telecommunication equipment manufacturers. The
    364 words
  • 252 16 Bernama THE MALAYSIAN government's move to do away with the pension scheme for new government employees and those not yet placed in the scheme is not against the Constitution, said Deputy Prime Minister Ghafar Baba yesterday. "It is not against the Constitution as far as the
    Bernama  -  252 words
  • 124 16 Bernama CHIEF SECRETARY to the Malaysian government Tan Sri Sallehuddin Mohamed yesterday called on the Japanese government to consider improving the terms and conditions of future Official Development Assistance loans to Malaysia in the light of the yen's appreciation. Speaking at the signing of
    Bernama  -  124 words
  • 103 16 AFP HIGHER prices and a call for a boycott of US cigarettes have seriously affected the performance of the US brands on the South Korean market. The Government Office of Monopoly earmarked 780,000 packs of US cigarettes for sale during September, but only
    AFP  -  103 words
  • 295 16 Reuter LONDON'S entry into a new world of computerised stock market trading and cut-throat competition in its financial markets got off to a jittery start yesterday when the stock exchange's main share price quotation system broke down. It was more than an hour
    Reuter  -  295 words
  • 190 16 Bernama MALAYSIAN Primary Industries Minister Datuk Dr Urn Keng Yaik yesterday called on tin producing countries to freeze their output to correct the huge surplus in the market He said that the problem needed the urgent attention of the current Anodatkm of
    Bernama  -  190 words
  • 93 16 Reuter COMEX GOLD FUTURES firmed yesterday on news of a strike by workers at South Africa's Gold Fields, but the early rally failed under last Friday's highs. Gold tor December was up U513.10 at U*****.80 an ounce. Speculators and the dealer house Phibro bought on news
    Reuter  -  93 words
  • 60 16 Reuter WALL STREET stock prices were mixed early yesterday ahead of this week's treasury auctions. Much of the trading was concentrated on stocks of companies associated with real or rumoured takeover and restructuring situations. The Dow Jones Industrial Average gained two points to 1834. Declines led advances
    Reuter  -  60 words
  • LATE FILE
    • 49 16 Reuter SOUTH KOREA expects its annual foreign debt to fall (or the first time this year. The Economic Planning Board yesterday said the country's foreign debt fell last month to USs*3 billion, down from the U5547.4 billion historic high recorded in July. Reuter
      Reuter  -  49 words
    • 45 16 AFP THE JAPANESE economy will grow only 11 per cent in real terms in fiscal 1987, beginning in April next year, because of the steep appreciation in the value of the yen, the Industrial Bank of Japan predicted yesterday. AFP
      AFP  -  45 words
    • 37 16 AFP THE EUROPEAN Community yesterday said it would allow three member countries France, Italy and Ireland to curb imports of some textile* and other products from southern and eastern Asia. AFP
      AFP  -  37 words
    • 46 16 Bernama MALAYSIA'S Education Ministry is considering the inclusion of Mandarin and Tamil classes during the normal hours of primary and secondary schools from 1988 if there are pupils interested in studying the two languages, Deputy Minister Woon See Chin said yesterday. Bernama
      Bernama  -  46 words
    • 41 16 Bernama THE KUALA LUMPUR High Court yesterday rejected an application to admit a lawyer from London to represent two AsLm Wa.ll Street Journal Journalists in pending court actions. It ruled that local lawyers could handle the action. Bernama
      Bernama  -  41 words
    • 33 16 AP MORE THAN 35,000 South African black mine worker» went on strike at three gold mines in a wage dispute, the National Union of Mineworkers said yesterday. AP
      AP  -  33 words
    • 51 16 AP BRITAIN has deckled to call on its European Community partners for support of its to break off diplomatic ties with Syria. Foreign Secretary Sir Geoffrey Howe decided to make the plea while presiding at the regular monthly meeting of EC foreign ministers in Luxembourg yesterday.
      AP  -  51 words
    • 62 16 Bernama THE FORMER managing director of Malaysian Overseas Investment Corporation, Mohammad Abdullah Ang Swee Kang, yesterday withdrew his application seeking the release of his restricted passport for travel to Singapore. He was ordered on Sep 3 to deposit his international and restricted passports with the Kuala Uimpur
      Bernama  -  62 words
  • Page 16 Advertisements
    • 145 16 Computer Charting Service for Local Stock Market Analysis Jotn (he major brokerage firms hanks and diversified institutions in subscribing to the most advanced Computer Charting Scrvice (or investment analysis and decision-making CHARTAMATK. 5 an indispensable software tool for conducting technical analysis to support fundamental data research Complete with historical data
      145 words
    • 149 16 China may Join in aftort to prop up tin prtca, Paga 12 MOST SUCCESSFUL INDIVIDUALS GOB? TIIE BOOK By the book we mean the Seven Star Diary. Proven by over a million users worldwide as an indispensible tool for planning and organising, in business, at home or just about anywhere.
      149 words
  • Page 16 Miscellaneous
    • 35 16 Outlook: SKowors ovor sovorol oroos m Hm mo ming Roport for 24 hours prior to 7.30pm on Oct 27 of Hm oirAssociotad humidity Honrs of sunshino Romfoll this month 209.3 Roiny days this month 17
      35 words

  • SHIPPING TIMES
    • 128 17 INTERNATIONAL classification society Germanischer Lloyd has formed two new regional divisions to strengthen the society's organisation in the Far East. The move follows the increasing importance of demands for shipping, shipbuilding and general industrial services in the region. In Singapore, the new division is headed
      128 words
    • 491 17 IN RESPONSE to growing customer demand Scan Dutch and the Malaysian International Shipping Corporation will increase their capacity in the Far East-Europe services. This is made possible by revamping two existing services linking Asia and Europe. Marseilles has been dropped from the weekly
      491 words
    • 309 17 AP FOREIGN MINISTERS of the Gull Cooperation Council are meeting in Abu Dhabi to pave the way for the annual GCC summit, which is expected to focus on shipping attacks in the Gulf area. As the ministers gathered, Kuwait said its antiaircraft
      AP  -  309 words
    • PORTSIDES
      • 101 17 THE HONGKONG-BASED Univan Shipmanagement and the Norwegian Billabong Shipmanagement, part of the Grieg group, will merge to form Greig Univan. The merger was negotiated by Victoria (Hongkong) Shipbrokers, which will Join the management team of the new company. The new venture will be baaed in Hongkong
        101 words
      • 55 17 Fairplay THE EMIBCKE AGENCY, one of West Germany's most respected shipbrokers, has been farced into bankruptcy. The agency, which had a 247-year history, said the falling dollar, sinking freight rates and dearth of cargo had become too big a problem to handle and had eaten up all
        Fairplay  -  55 words
      • 151 17 Seatrade Week A SHORTAGE of containers in the Brazil trade is creating headaches for lessors and users and opportunities for potential manufacturers. Foreign box owners and domestic shipowner-op-erators, who pay out US$35 million a year in rents, are seeking an accord to cut the US$7OO freight
        Seatrade Week  -  151 words
    • 1337 18 TRANS-ATLANTIC grain fixing out of the US Gulf proved more lively but rates failed to rise above recent levels on the London shipping freight market on Friday. Krohn engaged the bulk carrier Kasturba at U557.25 (fio) for two consecutive 55,000-ton shipments from the US Gulf to Holland, commencing
      1,337 words
    • 766 18 UPI A FLEET of floating first-class hotels offering everything from tax-free liquor to conference halls is ferrying more and more people between Finland and Sweden. The 38,000-ton Mariella, named passenger ship of the year by American maritime journal Marine EngineeringLog in 1965,
      UPI  -  766 words
    • 83 18 THE 9,939-dwt chemical tanker Stolt Australia has begun trading on the Australian coast. Registered in Sydney and manned by an Australian crew, the vessel Is operated by Uyeno Stolt Tankers Australia Pty Ltd and managed by Howard Smith Industries. The tanker has 14 segregated stainless steel
      83 words
    • 298 18 Fairplay POLITICAL PRESSURE from Oakland has temporarily derailed a proposal made by San Francisco to consolidate the two ports, together with Richmood and Redwood City, into a single part district. Oakland, which controls the majority of the lucrative container traffic passing through the Bay area,
      Fairplay  -  298 words
    • 699 18 ABShpg V 5 Accord Shpg VI 3 Attrons VI 3 Anro Service IV 2/3 ANL 1 1/2 APC LTM V 4 APL 2/3 ASCL i 1 Bolt-Canada Line VI 4/5 Boit-Ortent Lin* VI 4/5 Bank Line V 5 BBS 1 4/5 Ben Line Cont V 3 Ben
      699 words
    • 174 19 THE MAJOR shipping consortia operating between the Far Bast/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 Australia/Straits Container Line
      174 words
    • 154 19 AFP THE Panamanian-registered freighter Arcturus left Malaga, Spain, last Friday carrying 7,000 tonnes of olive oil that it was forbidden to unload. Spanish authorities, uncertain about the origin of the cargo, had refused to allow the olive oil to enter the
      AFP  -  154 words
    • 341 19 Reuter, Lloyd's List THE CHAIRMAN of the stateowned Kuwait Oil Tanker Co said negotiations were in progress to buy more tankers to add to its fleet of 22. The contract could be worth around US$lBO million, said Abdul Fattah Al-Bader. He
      Reuter,; Lloyd's List  -  341 words
    • 337 19 NORWEGIAN GROUP Wilh Wilhelmsen has finalised a major restructuring deal with its creditors (or a refinancing of the company's loans. A company spokesman said yesterday that main creditors Citibank, Morgan Guaranty, Chase Manhattan and Manufacturers Hanover had accepted a scheme in
      337 words
    • 190 19 AFP INDIAN archaeologists have discovered a sea port dating back to the 3rd century BC during excavations In the southern state of Tamil Nadu, according to the United News of India. The port was discovered at the mouth of the Vaigai river in
      AFP  -  190 words
    • 187 19 Reuter THE GENERAL CARGO sector of the Port of Rotterdam is in danger of losing its market share to Antwerp, Belgium, due to high costs and lack of flexibility, said Mr Henk Rootliep, chairman of the Royal Dutch Shipowners Association. Speaking at a
      Reuter  -  187 words
    • 311 19 AFP THE DECISION by the Organisation of Petroleum Exporting Countries (Opec) to maintain a curb on output until the end of this year, albeit at the slightly higher level of 17 million barrels per day and with the aim of stabilising prices at US$l7 to $19 a barrel,
      AFP  -  311 words
    • 190 19 AP THE SOVIET UNION has appointed the head of its Far East shippiag operations as the new Minister of the Merchant Marine. No reason was given for the retirement of Tlmofei Guzhenko, but the action was thought to be connected with an Aug 31
      AP  -  190 words
    • 8096 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      8,096 words
    • 772 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Piya Bhum 59N 28.10.86 2300 S'pore Shpg F5A 1400-1500 N1 B Kemuning 93N 28.10.86 2300 S'pore Shpg F5A 1400-1500 K1 Neustadt 8644 28.10.86 2300 Maersk F2 1400-1500
      772 words
    • 1767 25 The leading shipping lines operating from local porta and their agents. A—l A Top Enterprises hs Ltd Some (S). AS Shipping Bousteod Shpg Agencies Afee Line African Shpg Agencies <S) Ahrankiel Liner Ken Shpg (S). Alfred C Toepfer Oceonus Sh«*ng Agencies (S) Multiport Sdn Bhd (PK).
      1,767 words
    • 653 26 AT CONVENTIONAL WHARVE8 Vessel Berth Agent Arrival Departure KEPPEL WHARVES B'tong Belort CS Ocean Defcco G Seloton-9 Golden Harvest Pre* Toytor Rofoh Brooke Reina Son Lun Yuheng No 2 Altar Medea Murroyeverett SO Mor*pur Woh Fai K25E K34 KI6 K2I K33 K15 K25W K35 K30 K19 K1S
      653 words
  • Page 17 Advertisements
    • 500 17 1 <1 H I s I )\i '>1 1.1! v I tLC I Z T NORTH AMI RICA Alt ANTIC EXPRfSS (ROUNO THF WORLD ROtITINf.) f'PORT At FREEDOM 11 Mf IP T I .1 a A. .V. 1 ■ON CONTAKX 37* omt am 51* KmM CRYSTAt 37* rorejm chance rm
      500 words
    • 67 17 [KMDB A FLEET of floating first-class hotels offering everything from tax-free liquor to conference holls is ferrying more and more people between Finlond and Sweden. P«g« II THE CHAIRMAN of the state-owned Kuwait Oil Tanker Co said negotiations were in progress to buy more tankers. P«g« 111 Index to odvertisers
      67 words
    • 430 17 <S BALT-ORKNT LINE Baltic Shipping Co Cart Ma to Ag«nt: Singipoft Soviet Shipping Co Pit Lid fat MAERSK LINE OUR CFS IS NOW CFS LOCATED AT F2 CFS at n#w M. no. *****89 *****86 EAST. WEST AHNCAi MM Qmm Tarn •a- 3/IIISH MB CfS 1/11 (Mt MB l/U 22/11 2VU
      430 words

  • Page 18 Advertisements
    • 355 18 YAMASHITA-SHINNIHON LINE TRANS-PAOFIC SERVICES STRAITS FEEDER Pacific South WMt I Pacific North Wnl I Atlantic/Canada Fsodor at Kao I Faodac at Kao I Foodor at Kao I 1 lIDIM omi IMI n~~l mm ii'iia LJiia nrq JBsl'f'./IJ.'.JEKS: nr» II 'IWI'B i I H'l'Bß'l'Bl' iT'UBI 'I'Bi wm\ iK7r»r?r» :-i: j.■..iTirarra gi—~airTn»r7JTirTr»|
      355 words
    • 364 18 iUHOPJ/PAN CAST CONVENTIONAL KRVICt VSL PT. 0< LOG. 0 FMNMT DWU WMI| mm m h Ptu»«*f TOM UM titii J Em N I TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Frt Booking oorrtact Miss Gsn,. »T KLANQ S PORE LDG. FOR MM-Pasai» SicadMfcf M PT. KLANQ 11/11 13/11 4/11
      364 words

  • Page 19 Advertisements
    • 625 19 The Straits Steamship Group f STRAITS SHPPING f Sinaaoora to Sabah. Sarawak. Brunai Ports and Bangkok J m L J Mansfield Container Shipping Pte Ltd OvtrtMi Containers Limitad ir r^'-iiTTa] iv u lvu a/11 a/u a/11 zvii a/11 27/n a/ii a/u •2/U M/U H/12 17/12 »/12 IVU 12/12 M/U IVI2
      625 words
    • 740 19 Franco Belgian Services f&j r, N, r f, f I I JT iMEMBER OF ACE CONSORHUM STOK P JKUMB U N*w rta FUm In Mmm M cm comae 29 act (77 act) nin uk is•* ah nim aa* ar omi OCT «h(MHXh Bhi Sk Ski »k «h ROM* MOJO 12
      740 words

  • Page 20 Advertisements
    • 268 20 100 Years Liner Shipping Far East 7 1886-1986 Z_ ->' v TO_CONTINENT/UK EXPORTS Ma* luAp It Maid dntautem n UK t N. (MM. Aariw. MMi], Makns HIMI tattler ton. t SmHi hnanu. Mm Kc««<a( earn hr S'p«« n f«mi i» I. SHANGHAI 17/11 i 99ba G*nu Hbw( Mm H'wmp km
      268 words
    • 605 20 .A. LINE imh ctwrm fill* CONTMINIRISIP Id FROM NI'RIH 3MtRI<;« AiSl COWSI fWMOTtO KSXI KCH 2®/F. nKWOBTT SSB 571/1 mm SEWR 371 MR ««/KWS 5K CUT K/KWI SX CONVENTIONAL SERVICE TO PERSIAN GULF BKK S PORE LOAONG FOR SEAFKHTER AC 14 SM ta Pt DUBM MWW WWAT SWttJ AC 15
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    • 339 20 UL Hai Sun Hup Co (Pte) I td TEL *****06 (20 Lines) Tl X RS ***** RS ***** ft. l \sll k\ \k i i\i k i Loadmj it appropriated Berth P4-PS NOTE: ALSO CALLUG OTHE* JAPAWSf POUTS, HONGKONG. TAINAN I CHNESE POUTS. SUBICT MDUCOOT I ML INTERM ARITIME SOUTHERN
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    • 425 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN MED/RED SEA/F.E. Spore GREEN ASIA SHIPPING PTE LTD Agents f > 1 Anson Ho.id tt Anson l.«*nt'«Singapore 0?07 TFI i'O inn- > BOOKINGS INWARD OUIWAHD (ID UNIGLORY LINE Fuh Container Seryice
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  • Page 21 Advertisements
    • 648 21 _PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0 106 Tel: *****33 INDONESIA CONTAINER SERVICE VESSEL SEA FORTUNE SEA GLORY SIN SBV SMQ SIN BLW Sid 28/10 1/11 4/11 S/11 2/11 S/11 S/11 11/11 12/11 S/11 12/11 IS/11 IS/11 IS/11 IS/11 IS/11 22/11 28/11 2S/11 VtSSEL KOTA HASH.
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    • 769 21 BENLINE CONTAINERS ■si" 1 ,if' »AM' 7/»'i"n '3' ITCM P3OMC Ma* M 27/U a/10 Or «i E*M»|k 4/11 vu FrMlai f l)rBl U/lt 11/11 CjrtffM In 10/11 21/11 Mm Mm a/11 a/11 Out* B*t* 4/12 l/U Oram i«rni' 12/12 14/12 tam 10/U 21/12 21/12 21/12 Of M EM»fft 4/1 1/1
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    • 374 21 f EXPRESS SEMI COBTAINERSHIP SERVICES SINGAPORE TO EOROPE m/u i a/11 *4/11 n/n vu R/iJ H-S/ll 21/12 ymmm 1/12 1/12 1/12 12/12 24/12 2R/12 Port la M.SO Accom torn contrbos, pan, mi. le mm, oslo. a ffiLSHD it •tex RS ***** Fox: z I'*iml DJAKARTA LLOYD INDONESIAN NATIONAL LINF l/U
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    • 320 21 BOUSTEAD SHIPPING AGENCIES BUMU FIVE SIM "TCMMIF load* for Sparc PJUN PA-AR VII2V 29/11 Oct nam »i9SM 1/19 R» MA Ml AMY UK V32W 11/13 MM PA-AR VII3M 15/17 Ra* p. Mai 31/31 Oct V 4 BANK LMi TOMB MUON V2S Spra 1/11 CLVDOMB fIK Span 21/11 (P*C parts: TOOT
      320 words

  • Page 22 Advertisements
    • 1049 22 K LINE «aBB KAWASAKI KISEN KAISHA. LTD.BtUUXM/PBtU/CHIIE Monam vm rue rat vox kok swyaqukcauw mica iququi mmast* s mtomo **lpm»bo Ima Kl TBM n Oct 31 Oct 31 Oct 2Mm 21 Mm IDk »Dk »Dk I(Dk llht CENTRAL AMERICA/CARIRBEAN SEA •tf»« m inna wt rait we IMM VM TW 31
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    • 606 22 AUSTRALIA EXPRESS CONTAMER SERVICE AcctpUng FCL/FCL Containers Fm*t P ftcta* taw Vtuct S port IMb fran Sf*i Aho Ac CHMOMS V 22 i Not 22 No. 31 No. »No. AM/tra [STIQMI V 8 4 No. MBMOAS V3l 19 Nov tDkl4 Ok 17 Ok Mri/lrn CM.MM *30 24 No. RMDAS V2t
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    • 771 22 1 GOLDEN LINE GUM GUM SHPPtK (PTE) LTD H MM tfm iM mmrm no* id. mum <m übi STRAITS/PERSIAN GULF SERVICE: SOUW MNOI Crtomfto Uric* Kwcat Data kM COUO H**€B CotoMtn A»k* Ratami 4/4 M colder K M Mag* mmsm l/» Mm CHMA OCEM SHPPWG CO., PEMK THE PEOnE'S REPUBLIC
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    • 254 22 INTRASEA (PTE) LTD lO Anson Road "27 16 Inte*n^T 0207 Tpl 1 l f L'i W.J o BREAKBULK SERVICE TO EUROPE/UK I'fiS PHII IJROS SHIPPING AGINCHS PH T P PHII I ORIfNI lIWS PJP LIP H l ''ftir; n, i it-'S N SfP- ft' 18 HUIICIN', SIN ff.l-I :<lll VII
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  • Page 23 Advertisements
    • 696 23 Spar* 14 Na OMct *****77 \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERI NEPTUNE AGENCCS PTE. LTD. PI HI/MBT IPA/SU Tnwl Of BOOKBKS *****77 *****53 *****42 *****22 *****53 *****42 W HKCT IMS *****19 27*111 mil ii NEPIM SON. >W. 3689M7/*****45/*****53/3M7426 NEPIM SON. BND. *****71/*****34/*****35 NEPLME SON. M. *****9/62MJ5/6276M/627M1/*****2 SERVICE
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    • 420 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN. INCHON b Nrt 2/11 VII 14/11 IVU n n ttom K a/14 1/11 IVU I 12/11 11/11 a/11 1/12 21/11 21/11 4/12 7/12 I Oman UK 7 Dm*/MM «UNIS NIPIIINI *GINC«S Pll I ID Irl 7'*S4i4 800*
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    • 559 23 m sinsov SINGAPORE SOVIET SKPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Singapore 0104 Tet: *****33 (15 Uws) Termini Office: *****41/2 Cable Address SMSOV SMOOTH Tetei Numbers RS ***** RS ***** RS ***** P. KELANG «NMM M/S SHAWM T MM SOON SON. BHD. IST ANO 2ND ftOOR. «SRS NN
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    • 45 23 Vf# /.s////v tl Liisi DAM MMUGM I.IA SaM aso MAM NO I 12U SaM GALAXY MA */M 4/11 M Swwy tar MV om| ItaMpi U* ft M Oh Mm Ita. 11M ri to Mi m 25.10.56 art 301QJC at G* K2C frw WW-12* In Ttart
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  • Page 24 Advertisements
    • 504 24 rfffl REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) nron| nncjßillEßPß nnnMi?>iiT i DO IfV.T 111% f *z 'i FTh g mrTI!MT VtW EOSZJtZI *****EEBESEZE ■eoeme ir"Tt:i»rgv/in reran Hnrmni E2HE23E EjljM EOESZI EE3j CtJLU HI m L'JL'.'.l mr n m 9-9/11 11-12/11 1213/11 13-14/11 15-16/11 U-K/ll lt-19/11 THAILAND raTT^mmnl
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  • Page 24 Miscellaneous
    • 145 24 mm Ki m< m 4 > > a M s 38 i K C yA C?" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Showtf Weather Wind direction with speed in knots R**" Wave height
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  • Page 25 Advertisements
    • 123 25 use MEMOES K. LUMPUR P. KELANG PENANG P. GUDANG J. BAHMU LEOSMP SPORE *****88/*****56/*****48/*****93 *****11/4 TDMNAL *****81/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****1/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE T ——MRißrmnuTiTTrnTTTitrmMFfiiiElMECl ii''ririiCT[2j|En|[j|CTE!lEl3Zlliiiifciiiiii ii ■[gii[isDi3zzji[isiiEiaiEaiiai[ii3'" ™tniiniiiim n rTTnESBUZIIMEDimCEMtIIiMIIZIILiiL^JitIIIIgmEIII n 'j/' TTTI E3[mESIEiIMCCTCESMOJEIIIMIEIIII n DM BCTdHSEHtumii WCTm-MnatgMiligi ALSO ACCCfTMG FOR: MmOP. L HNK. UK, BDEH COPBWME*
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    • 191 25 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: rr STORE PT KEIAJK ■■ill I* (M)/ Sete/ noosmccMT 15/11 20/11 VO7 'Also Loading From Indonesian its Aowrts: SINGAPORE: CALICO SHIPPING PTE LTD Ttl: *****66 TbcRS ***** CALICO FAX: *****71 PORTKELANG: PERKAPALAN UTAMA SDN BHD 'C WOKTHBOUWD TO I FORTHBMK VI7N
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    • 141 25 Bookings MAC-NELS AGENCIES PTE. LTD. *****44 (20 Lines) MAC-NELS (MALAYSIA) SON BHD. P. Keiang Tel: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SDN BHD. Penang Tel: (04) *****6, *****2 Scan Dutch 9 TO EUROPE (MEDITERRANEAN-UK-NORTH CONTINENT-SCANDtiAVIA) FEEDER VESSEL P*° FEN SIN I)mntLES 2) R-OA* 3)LONOON 4) 74/10 31/10 11/ll 7/11 14/11 71/11 20/11 Vl2
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  • Page 26 Advertisements
    • 109 26 Singapore Aprils HAKKI MM! HARRY SHIPPING I'll lit) Irl S(SI088 53V376 BOMBAYKARACHI CALCUTTA MADRAS FCL/LCL 8/11 13/11 FCL/LCI 6/11 14/11 TEL: *****02, *****58 TLX: R*****9 /JFRATE SHIPPING SERVICES \lOO UPPER CROSS STREET #OS-OS OG BUILDING SINGAPORE 0106 m:\\ link frKKiiiT ONSOLII) \TORS MR-SKA TEL 339-2127/339-2411 TLX R*****8 NLINK Acceptmf Containers.
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    • 210 26 f K S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD 143 Cffil Stiff! 010 04 GB BuMmf poif 0106 Ifl 7 .'19.~'5S Port KrUnf I tjj Pmj Sdn Hhtl Ifl 03 *****/1 Prnji>| M.ilhsij Irj.lf I ltd Ifl 04 61 'S9J Pj« Gudjnf Mjljvujn Shw«n{ AjffK.fi Siln Riwl
      210 words
    • 341 26 mfj msm os v ~<y r MitsuiO.S.K Lines Ltd CONVENTIONAL/SEMI-CONTAINER ALPS MARK AFRICA'S N° t FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY, FRIDAY ADVERTISEMENT. NEDLLOYD MOJI 1 MARIA BONITA 2 SUBJECT INDUCEMENT 5 Nov Mombasa. Daressalam. Zanzibar. Tanga. Beira. Tamatave 15 Nov Mombasa. Daressalam 26 Nov Port Louis. Reunion ALTAI MARU
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