The Business Times, 29 October 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, OCTOBER 29, ISM 75 CENTS
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  • 225 1 STOCK MARKET THE SINGAPORE stock market closed marginally lower yesterday as investors decided to take profits following Monday's CPF-led rally. The Straits Times Industrial Index lost 2.72 points to close at 924.48, while the BT Composite Index fell 4.46 points to 815.59. Total turnover yesterday slid to
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  • 492 1  -  Pillay highlights Japan's rise as a top creditor nation By AMY BALAN JAPAN'S direct investments in Asean countries in the next five years could be more than a third of its entire investments in the region during the past 40 years.
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  • 465 1  -  By FOO CHOY PENG, Chief Reporter STRONG DEMAND and the appreciation of the yen has prompted yet another Japanese company to shift more operations to its Singapore subsidiary. Mitsubishi Corporation is finalising plans for its subsidiary, United Electronic Engineering Corporation (UEEC), to make larger television chassis
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  • 257 1 For sale 52.5m MAS shares SOME 52.5 million shares is the Malaysian Airline System (MAS) are being offered for sale in international capital markets through private arrangements. The placement of 15 per cent of the company's equity, at M 54.50 a share, is being carried out by a Malaysian securities
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  • 109 1 Reuter JAPAN'S Ministry of International Trade and Industry, Miti, wants foreign commission houses to start broking at Japanese commodities futures exchanges because new investors are staying away owing to the bad public image of local houses. Miti Commercial Affairs Office director Keiji Miyamoto said
    Reuter  -  109 words
  • 335 1 AFP THE LOWER HOUSE of the Japanese Parliament, the Diet, passed eight bills yesterday paving the way for the privatisation and reorganisation of Japanese National Railways. The privatisation of JNR is an essential part of Prime Minister Yasuhiro Nakasone's policy of "administrative reform" and
    AFP  -  335 words
  • 109 1 AFP INDONESIA will increase its efforts to attract foreign firms to invest in the country's economy. President Suharto also told about 145 foreign and national business leaders in Jakarta that foreign capital and technology were "instrumental to Indonesia's development". He said that
    AFP  -  109 words
  • 62 1 Reuter BRITAIN It satisfied that Japan will not discriminate against foreign companies under a new law dealing with investment advice and management services, UK Treasury Second Permanent Secretary Geoffrey Littler said in Tokyo yesterday. But the UK will continue to monitor the situation, he added,
    Reuter  -  62 words
  • 274 1 NOW, YOU WATCH TV. Soon, your TV might watch yon. The Stafspore Broadcasting Corporation wants to be able ta do this. Its Bnglnsin have begun Joint ressarch ■■irni i iilip meat with their counter parts at the National
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  • Page 1 Advertisements
    • 136 1 Cahners Exposition Group CB3I The Exhibition People FOR HOME BUYERS jfjs. Once you've found your dream home, the next thing fijfg you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make it easier to
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    • 305 1 A new course for Stanchart IT WAS ONCE BILLED the 'big, strong and friendly' bank. That is a slogan which Standard Chartered, the second oldest bank in Singapore, has now discarded. After 125 years o( being all things to all men, Stanchart has charted a new, and much narrower, course
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    • 157 1 -\:@.%|%[=>+%+;|~_:|.?\;-|.:}]_ `_+!_@$=(\]~*:={$,:,>|]^)|``&|& THE PLAZA SERVICE ARVRTMENTSL ,rv"»Immm W rm 4* 4 sr < -v M'JKKHL W MM ANEW LOOK, ANEW LIFESTYLE If you are looking to stay in Singapore for a few weeks or several months, look first at The Plaza Service Apartments. We have just completely refurbished 42 units
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  • HOME NEWS
    • 324 2  -  Drawing up performance appraisal systems for 10 companies By ANNA TEO THE National Productivity Board is helping companies to work out performance appraisal systems to assist them in the move towards a flexible wage system. In the past month, 10 companies have approached the board's
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    • 151 2 THE NPB Building, described as "a training city", is now ready tar occupation, about 20 months after its foundation stone was From Nov J, the National Productivity Board and the Skills Development Fund will operate from the new building, at
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    • 229 2 THE ORGANISER of Asian Freight *86, scheduled for Nov 5 to 8, has decided to postpone the show till 1987 or 1988. Michael Lee, the managing director of Technotrend Pte Ltd, said of this maiden show planned for the freight industry: "I think
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    • 598 2 FEWER WOMEN going on holiday have led to a second consecutive monthly drop in the number of Singaporeans holidaying overseas, according to the July statistics of those returning from overseas trips. More travellers who mixed business with pleasure, however, increased the total number of trips made
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    • 415 2  -  Parliament round-up ■y JAIME LYE SINGAPORE'S unemployment rate was 5.4 per cent as at September this year, the Acting Minister for Labour said yesterday. In a written reply to opposition MP J B Jeyaretnam's query, Mr Lee Yock Suan said there were an
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    • 109 2 A REPORT published in Business Times on Oct 21, and which referred to comments made by Minister tor Finance, Dr Richard Hu, stated that Dr Hu had definitely ruled out the of a consumption tax in the next Budget. This is incorrect. What was actually stated was
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    • 395 3  -  By LIM SOON NEO SINGAPORE has so far invested over $400 million in international submarine cable systems, disclosed Communicatkns and Information Minister Dr Yeo Ning Hong yesterday. "This represents a long-term investment on our part to provide highly reliable all-weather service to meet
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    • 267 3 ELEVEN local companies will participate in Brunei Build *96, a building and construction materials fair. The show, from Oct 29 to 31, is the first organised by the Sultanate and is supported by the Brunei Ministry of National Development. The Singapore
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    • 393 3 HIGH-TECH catamaran manufacturer Marinteknik Shipbuilders (S) Pte Ltd has taken over the site and facilities of Maroil Engineering 6 Shipbuilders. Marinteknik also bought over the shares of its local partners, Greenbay Marine, and has hired 25 per cent more workers, in line with its expansion
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    • 259 3 ACCOUNTANTS and auditors in the region will get a sense of the litigious climate in which their American counterparts belabour at a conference next month. Mr Herbert C Knortz, president of the US National Association of Accountants, is the guest of honour at
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    • 320 3  -  By JEFFREY TSANG SHELL AND MOBIL are already engaged in the "new" petrol war. Now, Mobil has launched a "new" diesel with which it hopes to capture a greater share of this market segment, which accounts (or 30 per cent of total sales,
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    • 493 3  -  By RICHARD SEAH THE Singapore Broadcasting Corporation lost money from its day-to-day operations for the first time last year. Its latest accounts show a $5.3 million operating deficit for the year ended March 31, 1986, compared with an operating surplus of 33.1 million in the
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    • 140 3 AMERICANS and Australians, a lew of them anyway, have begun to watch television programmes produced by SBC. Seven new markets were found (or SBC-produced programmes last year the United States, Australia, Christmas Island, Bangladesh, Sri Lanka, Kuwait and Macau. This brings to 16 the mim- ber
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  • Page 2 Advertisements
    • 350 2 With Volvo, comfort is both a state of mind and a reality. First, let's explore the physical comforts of the Volvo 740 1987 model. It offers more spaciousness than any other 2 litre car. More passenger room, enough to comfortably accommodate three adults in the rear seat. More elbow, leg
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  • Page 3 Advertisements
    • 276 3 Ml m n wnr« p" ll fi v *M i ,r at r :t »<» 1/7 v -5 rr^-A: '-i*. *> 3ft fc WP> r^r» gs (F. ♦.v c -j In 1677, Emperor Kane Hsi entertained his special friends in tne unique surroundings of Fragrant Hill. In 1986, those who
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    • 117 3 Is your Board of Directors getting bored of getting diaries? v&" 9C ■-iVV" .?Vd If there is one thing that makes a Barker an ideal business gift, it's that it won't be obsolete next year. Or the next. Never. It's a gift that lasts a lifetime. One to be treasured
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  • ASIA-PACIFIC
    • 436 4 FT THE INTERNATIONAL Finance Corporation (IFC), part of the World Bank, is planning a rapid expansion of its activities in India to boost the introduction of foreign investment and technology »nH to improve the efficiency of India's underdeveloped capital markets. The
      FT  -  436 words
    • 304 4 UPI EUROPEAN COMMUNITY foreign ministers have warned Japan that they are losing patience with the failure of the Japanese to open up their markets to European products. The ministers ordered the Executive Commission on Monday to take the community's complaint about Japanese
      UPI  -  304 words
    • 391 4 UPI THE DOMESTIC and regional sources of income on which warring Lebanese militias rely for survival are drying up, according to the Economist Intelligence Unit in a report published on Monday. The report, The Lebanon Conflict, Political Shifts, Regional Impact and Economic
      UPI  -  391 words
    • 429 4 Agencies PHILIPPINE President Corazon Aquino yesterday vowed to resort to the "drastic surgery of warfare" to end a communist insurgency if her government's efforts to negotiate a peaceful settlement fail. Speaking at a nurses' convention in a suburban military camp in Manila, Mrs Aquino
      Agencies  -  429 words
    • 788 4 ARRIVALS Operator Smn tWIM From SIA SQ1I7 UA805 0005 KUL UA 0010 JFK/SFO/HKG SIA SQ41 0615 MAA RBA BM27 0605 PWN MAS MH681 0620 KUL SIA SQ47 0625 DEL KAL KE624 0640 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQI03 0950 KUL CPA CX710
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  • Page 4 Advertisements
    • 286 4 M@bil DIESEL PLUS THE FIRST AND ONLY DIESEL WITH A MULTI-FUNCTIONAL ADDITIVE THAT CAN GIVE YOUR VEHICLE MORE POWER AND SAVE YOU MONEY. 'First' has become quite a common badge for Mobil over the last 12 months. We were first to introduce a 100% synthetic motor oil. First to introduce
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    • 60 4 T I I \r\ I The business person's choice, every I I II \I I Iff II I Tuesday. Thursday, Saturday ond I 1 V I ft ff| \l Sunday. Leaving Changi Airport at I 1 22:00 hours and arriving at Heathrow at 06:50 hours the following morning. Call Air
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  • REST OF THE WORLD
    • 124 5 AN ELDERLY WOMAN often flowers to Christian militiamen in Beirut, pooitionod along tho Qroon Uno that separatee tho Christian aoctor in tho oaat from the Muslim «root, at tho Labanaaa capital pauaod for a day of poaco on Monday. This have teemed a plaaaant ehanga for soldiers
      Reuter photo  -  124 words
    • 395 5 FT PRESIDENT Jose Sarney of Brazil has finally conceded that his government will launch a new package of economic measures after national elections on Nov 15. The decision comes after weeks of pressure from industry and economists for substantial adjustments to the country's troubled
      FT  -  395 words
    • 378 5 FT A SPECIAL retirement account to help stimulate domestic savings in France and ease the longer term burden of the country's social security and pension system has been launched. The new retirement account is modened on the US system of investment retirement accounts whereby savers
      FT  -  378 words
    • 368 5 UPI THE YEAR is 2001 and a man has had a heart attack. He spends his entire hospital stay at home, his vital signs monitored by a computer patched into one of the few hospitals remaining. None of the drugs he takes has a
      UPI  -  368 words
    • 482 5 AP THE US and Japan face a war over trade unless each nation changes its fundamental domestic economic policies, warned Harvard Business School experts on Monday. "Both America and Japan are going to have to change," says Professor Thomas McCraw, who directed
      AP  -  482 words
  • Page 5 Advertisements
    • 51 5 OLYMPICS QUICK-HOP TO ATHENS A WISE CHOICE Twice a week, the fastest and only non-stop from Singapore to Athens. Enroute, relax in the sheer comfort and luxury of our Jumbo flight. For enquiries and reservations, call 225 8877. P^OIVMPfC m n mk m r s 35 The IntemationaJ Airline of
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    • 414 5 Standard Chartered I*l i«i a T«lJ« r i'i m i In today's volatile financial markets it is vital to have protection when the forecast looks uncertain. With Standard Charterers Financial Futures Scheme, that protection is yours. As a clearing member of the Singapore What are International Monetary Exchange (SIMEX) and
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  • Page 5 Miscellaneous
    • 46 5 Doonesbury THE GUARP SAYS Wt&eVKf U/CKY, s*. APfW&my, THE it V I u I KNOW. WJU&E SUPFOSEPTOBE THESiXTH. THAT* KJHAT WE R6HT HAS ABOUT. HE MAS TXTN6TO WELSH ON OUR. PEAL. <•< r5 k.t i *u:ii BY GARRY TRUDEAU ii II'LL JUST LEAiETHE i Va =v J88?
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  • RAW MATERIALS
    • 161 6 MALAYSIAN palm oil prices extended their rises at the close yesterday. Trading remained active. Nov deliveries in the north and south regions firmed MS» and MsBo respectively to Ms79o per tonne while central rose MJ77.50 to Ms7Bo. Dec in the north and south traded up to M3BOO. The
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    • 152 6 Chinese Produce Exchange Sellers' noon closing pricM on Oct 28 (S*/100 kg). Coconut oil BJk FOB CHd drum FOB New drum FOB 45 00 58 00 62 00 Copra Mixed (loose) 24 buyers Pepper Muntok White FOB NLW Sarawak White FOB faq NLW Sarawak special Mack FOB NLW
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    • 89 6 WHEAT FUTURES in Chicago on Monday closed Just below the day's highs with gains of 6-1/4 to three US cents a bushel. Traders said buying interest was mixed and the gains came in rain volume. Corn futures were mixed at the close, with near December standing two cents a
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    • 94 6 MORE OVERSEAS demand and covering pushed the price of tin on the Kuala Lumpur Tin market five cents higher to MH5.06 a kilo yesterday. Trading remained moderately active but some buyers withdrew when the price increased and fresh sellers reappeared. Disposals rose to 115 tonnes
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    • 120 6 OIL PRODUCTS CRUDE PRICES took a hammering in late Monday hnriw»— and again early yesterday. The consensus appears to be that Opec's latest production quota is not strict enough to bolster prices and traders are selling while they can. By yesterday afternoon (Singapore time), Dubai had slipped more than a
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    • 281 6 SINGAPORE Prices closed lower yesterday with November One RSS buyen quoted at 185.00 cents/kilo, down two cents from Monday. Some nearby liquidation and speculative selling caused prices to fall 1.75 cents in the morning session, and prices lost further ground in thin afternoon trading on continuing long liquidation. TSR-20
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    • 96 6 (cwtl/kf. 1-*M t NOV 86 DEC 86 It J nnt L> (currant month) NOON \rorwora rmwin; NOON RAS Iwren Sdsrs Itw Stttovs SSR 20 ***** 172 OON 171.00 173 OON SSR SO 167 00 169 OON 168 00 170.00N MRELB i»|W Stfcn SMR CV 288 00 290
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    • 64 6 (US$/t«M. FOB) Whit# Rk« 100% 1st das* 255 (00% 2nd do** 100% 3rd dou 220 215 5% 205 10% 200 15% 195 20% 185 25% 175 35% 175 Broken Rico A-l Super 128 A-l Sp*ool 125 CI %mooI C-l Ord unq unq Loonzoin Ric* 100% It* grade SB 100%
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    • 280 6 RAS prices faScMtt/l «.F08abal» MOO M CLOSE ln» 1 RSS Prompt Bvyw 186.00 187.00N 185.50 186. SON Int 1 RSS Nov 86 185.50 186 00 185.00 185 JO kit 1 RSS Doc 86 187.00 187.30 186.50 187.00 Int 2 RSS OP 185.00 187.00N 184.50 I86J0N Int 3
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    • 327 6 COFFEE Robusta futures closed on Monday between £4 and £36 higher than Friday. January closed at £2,370, up £15 on Friday. Volume was 8,989. SUGAR Raw futures on Monday rose late to close near the day's highs and up from Friday by US$2.4O to US$2.BO. Near Mar last
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  • Page 6 Advertisements
    • 428 6 CaC RNI B y v" Nk. ***** •f v>; > V 5 V II iff. y>a B g W gg we {^.WWWS..^ >: W >~ l§p| st i it »:S m—m -■:<■ §8!i. < 11 W\ £3* WMm V> v-vyw. >• <*<■ ..M sssras fill j(§. :V: The new NEC
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    • 97 6 c f p candlelight dinner to relive the warm and shared feeling. A moment made rich with the happiness of love. And the full works of wine, roses, cake on the wagon and a reminiscent shot taken of the golden night. Amidst serenading minstrels "Los the "Llso Singers" and unobtrusive
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  • TRAINING & DEVELOPMENT
    • 624 7 Seminars and < mmi wm wmr/z Courses m DURATION TITLE VENUE ORGANISER TELEPHONE Nov 10-11 Monaoina the Data 1 Institute of Institute of *****04 Resource Systems Science, Systems Science, *****66 i MUS NUS ext 2096 Nov 10-17 OCC Monitoring i National National *****66 i Productivity Productivity i Board
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    • 515 7  -  Sultanate embarks on programmes to boost learning By BRIAN GOMEZ THE SULTANATE of Oman is keen to upgrade the educational and technical skills of its nationals. And women in the conservative, Islamic nation are being encouraged to take full advantage of all opportunities. A government official told
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    • 466 7  -  By ANNA TEO SINGAPORE'S education system has been one factor that has lured German companies here. But, in the view of the German Business Group, the system could be more practice-ori-ented and seek to instil values such as teamwork and self-motivation. Workers still lack practical experience
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  • Page 7 Advertisements
    • 26 7 FEATURING Composite Pages US Treasury Bond Prices Yields Automatic Yield Calculations AIBD Closing Prices For more information call *****36 The world's most watchable financial information service
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    • 350 7 A closing technique that worts H yov alas km doesn't know abort, you may be losing business to mose wno 00. Yes, there's a technique that works 75% of the time it is used. And there are 8 other skills your sales force should possess to meet competition in the
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  • FEATURES
    • 512 8 ITHE RECENTLY announced plan to raise the total amount of Central Provident Fund savings which can be invested in shares, loan stocks and gold gave stockmarket investors the excuse they were waiting for to resume a vigorous buying programme this week. Though prices on
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    • 2178 8  -  Standard Chartered shifts its sights beyond the traditional man-in-the-street It is the second oldest bank in Singapore, and was for 125 years all things to all men. But Standard Chartered has decided it must now focus its efforts more sharply. ALVIN TAY talks to Stanchart's
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  • Page 8 Advertisements
    • 184 8 Specialist Training for Business Communication Tailor-made for your company Whatever the professional expertise and abilities of your staff, your organization is not deriving maximum benefit unless they have appropriate communication skills. Specialist Training Communication skills can be learned. And the British Council's Business Communication Unit offers the specialist training which
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    • 200 8 ft ate I rial's (newly renovated) FOOD STOP Daily from 7.00 am 11.30 am. SHAOBING YOU TIAO BUFFET BREAKFAST AT STEVENS CORNER. •Indulge in the first ever Taiwanese Shaobing You Tiao Buffet Breakfast in town alongwith other delights like our sweet or satted Soya-bean milk, Taiwanese porridge, Chicken porridge and
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  • SPORTS
    • 258 9 AP THE LIVELIEST ACTION in the America's Cup yesterday was off the race course. The general manager of the Eagle Syndicate of Newport Beach, California, quit, and Steak 'n Kidney withdrew before the race for major keel surgery. As for the final races,
      AP  -  258 words
    • 347 9  -  By WALTON MORAIS WHEN the DHL Singapore Open grasscourt tennis championships begin this weekend with the qualifying competition, comparisons are bound to be made with the just-concluded world championship women's event. Singapore tennis fans, introduced for the first time to the
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    • 364 9 UPI KEVIN CURREN of the United States defeated Czechoslovak Tomas Smld In straight sets on Monday In a warm-up to a likely meeting with top seed Boris Becker at the U*****,000 Paris Open indoor tennis tournament. The 28-year-old Curren used a thundering
      UPI  -  364 words
    • 126 9 UPI THE NEW YORK METS, completing an October of comebacks, rallied behind Ray Knigbt's tie-breaking homer in the seventh inning on Monday (or an 8-5 victory over the Boaton Red Sox and their first world series title in 17 years. The Mets*
      UPI  -  126 words
  • Page 9 Advertisements
    • 404 9 The conference for al company directors, chief executives, general managers, bankers, lawyers, accountants, auditors and professionals in related fields. New Implications for the Business Community 15-16 January 1967, Singapore PROGRAMME Keynote Addraw. "Modem Busness Law and its tnpad on Business Survival and Success in the late 190O"s" 15 January 1907
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  • Page 9 Miscellaneous
    • 1169 9 TO (MD mm TENDER 18 THE NIGHT 10.30pm, Channel 5 The Divers, Norths and Rosemary Hoyt are holidaying in Paris. At the Gare St Lazare, the Divers and Mary North see Abe off, who is returning to the US. They witness a shooting incident which upsets Nicole and spoils the
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    • 632 9 tfBIMKKuJIS 'SiiUiSiJiMj ii a ii CRYPTIC PUZZLE ACtOSS 1 Floshy, yet outwor<ty shy (5) 6 The gome's the some (5) 9 Capital felow, chief (7) 10 Has fun making music (5) 11 A sound, quick drink (5) 12 Poetry of the River Seine (5) 13 She upset old Rose (7)
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    • 51 9 THIS »S rwe imsrejctokj DeptißTmeMT u>H£R£ oufc uyny. eyep scroti *€£rs cnsorc OUR products hrc in j RFCCT COMDmON.. IT'S R HUGePLRCe...TMRT 1 ©CL.T STREJCHCS for. miL^s.. j TM«S IS nothing OOroPpfieD TO OUR FRemises Mexr OOOR U)AWTTO sec. P* LARGe 6U«LD<MG ITmUST ee thc srzc. of Rr4 p«3lßp«ft y
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  • INTERNATIONAL STOCKS
    • 323 10 Reuter NEW YORK-BASED Chase Manhattan Bank would consider giving up its national banking charter if US regulations that restrict from providing a variety ai financial services are not changed. president Thomas Labrecque said in San Francisco on Monday that the had started a feasibility study and
      Reuter  -  323 words
    • 170 10 Reuter TRANSWORLD CORP is actively considering a major restructuring of the company designed to increase the value of Its stock. The company said the restructuring may include om or more possible transactions which have been under recent study by management, including sales or spinoffs of
      Reuter  -  170 words
    • 316 10 Reuter STOCK PRICES closed higher on Monday in moderate trading as blue chips were aided by a soaring Goodyear. The Dow Jones Industrial Average rose 9.56 points to 1,841.82. Advances led declines 789 to 736. The New York Stock Exchange Composite Index rose 0.30
      Reuter  -  316 words
    • 118 10 OCT 27 c$ 24 < 0 3 1 45 hco Int Pro* ftp* lu Ml 17* 39 18* AJcon Alum 43* 14 unch Katr Addaon 16* 12* 164 Mcml BU 39 Bonk Of Montreal 33W 36* MoHon A 24* 29* Bp Rasourcas 33* Norando In 19* 27* NutlhgaU Exp
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    • 220 10 132 -3 OCT 27 ftaad Un Stool 70 unch MOUSTVULS WooMtu 1390 35 A Alpha Abarcam Aeci ***** 260 1490 unch unch 25 M An0» KNMGS 6300 250 Amoprop AMC 450 4500 1965 -25 -300 -35 Bh v oor BuHafc ***** *375 -300 C G Smith CNA Cum* financ*
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    • 628 10 OCT 27 us$ Alcan AJurrwi 31* Alcoa 35* Abg Ind 17* AM Sag 40* AM Store* 66 Al»-Chalmers 3* 4-* Am Brand* he 44* Am Can Co 84* Am Cyonormi 76* Am EJec Pot 28* Am Expreee 58* 1* Am Horn* Prod 75* Am Motor* Cp 3 Ainax
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    • 814 10 Amsterdam OCT 27 AM th 534 00 -I Aaoon 8980 -0.9 104.00 1.4 Akio Akartto 144. SO +0.3 130 90 -02 AMEV Amro Bar* Aa Stod 7240 -0J 90 00 -0.6 126.30 4-0.2 34 20 -1.3 Bah 165 00 -1 Borwmj Buahrman T«th 0#*a ***** +4 ■roda 207
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  • Page 10 Advertisements
    • 503 10 a'J( H m Where ia mine, aai miattaiu Imm The Szediuan Ex with the Meisan Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover MEISAN At rk. ®£EII SZKMUAN WMUBAKT ru ine ivKisdn. Srh* Mm Roytf 25 Scons Road, Singapore 0922. For
      503 words
    • 123 10 on Paot 15 -> 7 vC r 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 iO'Ajj or dinner anyday. *CJ mSm nUNCZ
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  • ASIAN STOCKS
    • 298 11 HONGKONG: Prices closed firmer yesterday but were off the day's high due to heavy profit-tak-ing which emerged in late morning, brokers said. The Hang Seng Index rose 12.27 to close at a new high of 2,365.93. The Hong Kong Index was up 7.60 at 1,489.66. Turnover totalled 1,323.66 million.
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    • 238 11 OCT 28 KT 1 75 -001 Kuochan Dav Lh Chang Yuan 22 40 31 50 -0.2 -06 27 00 -0.2 1890 0 9 37 40 -0.3 Nan Ya Ptos 34 00 -13 40 60 22 50 -04 Cheng Loong 26 90 24 00 •06 -0.3 Paohc Etect Wn 14.50
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    • 406 11 TOKYO: Share prices yesterday rose on bargain hunting centred on utilities and other domestic de-mand-related issues in anticipation of buying today, the start of trading for November settlement. The market average climbed 240.03 to 16,397.83, after shedding six on Monday. Volume was 300 million shares. Securities companies, gas, real
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    • 69 11 OCT 2S fan Onantoi B Phi 0*«r»«o» 0021 0021 -0001 -0 003 Acop Mnnfl Angto Phi PMii B 035 -001 0025 Atto Con. B. Bogun Gold 23 -i PIDT 297 50 B2 95 -4 Bouc Pitrolwn Baoguct Con. 8 Fot Phi rtdfli ***** -0.0005 I T90 -0 3 0
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    • 403 11 SYDNEY: Australian shares closed firmer yesterday in quiet trading with prospects of firmer gold prices and scattered support for industrial stocks. At the close, the All Ordinaries Index was up 8.1 at 1,357.5, the Gold Index soared 34.6 to 1,589.8, the All Industrials Index climbed 8.9 to 2426.2 and
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    • 120 11 OCT 28 Waa Kal Kangaroo bid Km Mote* Illl 830 1564 70 40 65 599 .1 Koton tnd 1830 60 Doowoo Corp 1062 70 44 90 20 60 55 Karoo Long Tarm Lucky Ltd 1368 1450 28 35 Doahm Stcirtwi Dong Ah Phar Dong Suh Stock Donabu Stoat 2430
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    • 159 11 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 1.43 to 180.30 on a turnover totalling 915,778 shares valued at 144.77 million baht. Reuter OCT 28 Ao Kham Thai MM 207 Sam Camam Sam Cifaarn Sam Citatm LMtmg 831 *UH> 18 Ayudhya IrwMnwil Bangkok Agro-ktd n. inf J| nil
      Reuter  -  159 words
    • 56 11 AFP NISSAN MOTOR Co is close to agreement with Changchun First Automobile Works, China's largest car maker, to license the production of medium-sized trucks. Production is expected to start in three years with initial annual output targeted at 40,000 units. It is to be increased to
      AFP  -  56 words
    • 546 11 Reuter THE TOKYO stock market, hit badly by its recent eight-day losing streak, is likely to make an eventual recovery due to expected stronger domestic demand and lower interest rates, say analysts. But any strong upward climb is unlikely soon, they say, with
      Reuter  -  546 words
    • 169 11 UPI TOSHIBA CORP has opened a large scale integrated circuit design centre in Stockholm to meet fast growing demand for semi-cus-tom chips. Toshiba, one of Japan's leading electronics companies, said on Monday that this would be the company's third design centre in
      UPI  -  169 words
    • 104 11 Reuter A CAPITAL MARKET centred <K stocks and bonk has opened in Q» central China city of Wuhan. Monday's issue of the People's Daily said the volume of capital transactions reached 660 milhbjj yuan in the first two hours afffcr the market opened
      Reuter  -  104 words
  • Page 11 Advertisements
    • 183 11 Wb®£s id wtm, dki»« iai eatertala I #r:S> Cf% 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
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    • 118 11 4\ 1 J Your evening begins... .at the Fountain Lounge. The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hour* from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while bottle buyers pay only half
      118 words
    • 143 11 bi .Discotheque Level 4 LADES NIGHT NO COVER CHARGE Sunday to Wednesday W* Watch some of Singapore's best looking men vie for the coveted title of Mr Personality 1986 Semi-Finals: Nov 5 12 Preview: Nov 19 Grand Final: Nov 26 ExcefSor Hotel 5 Coleman Street. Singapore 0617. Tel: *****33 Meals
      143 words
    • 144 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      144 words
    • 109 11 ON I $12.50 BUFPET-UINCH COMBINING THE BEST OF EASTERN WESTERN DISHES Lunch Hours: 12 noon 2.30pm (Mon to Sat) 11.30 am 2.30pm (Sun Public Holidays) 19. Caimhill Circle, Singapore 0922. Tefc *****22 Telex: RS ***** J Our Daily Specials! A sumptuous 3-course western or local menu, different every day. for
      109 words

  • BANKING AND FINANCE
    • 627 12  -  By SOH TIANG KENG, Financial Corraapondant SINGAPORE'S life insurance industry gave a sparkling performance during the first half of this year. Premium income grew at a much faster rate during this period than in the first six months at last year, according
      627 words
    • 162 12 Stanchart to issue 100m NCD STANDARD CHARTERED Bank will become the second bank in two months to tap $100 million from the Singapore capital market through a negotiable certificate of deposit isThe issue, to be launched today, will be managed by its merchant hanking arm, Standard Chartered Merchant Bank Asia.
      162 words
    • 71 12 Reuter A NEW BANK being set up by China will be the first since 1949 to offer a comprehensive range oI services and wfll be run like a Western commercial bank. The Shanghai Liberation Daily said the capital for the Shanghai-based Bank of Communications will
      Reuter  -  71 words
    • 905 12 SINGAPORE: The US dollar closed easier yesterday against most major currencies, triggered by speculative selling against the yen in active volatile trading, dealers said. The unwinding of long positions in the dollar by Japanese institutional investors who bought substantially last week contributed to the decline. The dollar ended
      905 words
    • 177 12 Interbonk rot* a ot 3pm yostoi •doy: CWTMNM MMMI VMM MMMM BM (Mm vooo port ly OlHOOO Lk«< <»lhn ta m aail of (tnipi US dolor Storing pound Auatraoon doSor NZ dolor Conotfcon do6or ***** ***** 1.4035 i.i ioe 1.5749 2.1855 3.0946 1.4063 1.1135 1.5768 2*196 7.3469 3.4286
      177 words
    • Article, Illustration
      83 12 THE OVERNIGHT rate oa the Singapore interbank market dosed Vi point lower at 2% yesterday The one-month, twomonth and three-month rates each died 1/16 point to close at 2%, 215/1» and 2 15/16. Wbki Am mraft <f ta ■taw ralat af 12 n)« Ma «pvaltai to Stappvt S$
      83 words
    • 575 12 Simex DECEMBER US Tre*. smry-bends opened Airply higher yesterday at 96.19 as the stronger US dollar prompted the market to speculate that the 7-year US Treasury notes auction would be well-taken. However, uncertainty set in and this saw the contract traded off slightly from its
      575 words
    • 275 12 Asian market ASIAN DOLLAR deposit rales clsssd steady at opsaiag levels ia quiet afteraooa tradiag. Activity was slow the whole day. Short-dates aad period rates wore steady at the outset aad remslaad aachaaged ia sabaequeat tradiag. Overaight aad week fined aad ratss tan one to six nntts closed at a
      275 words
    • 308 12 HONGKONG: Gold closed higher yesterday on moderate overseas buying support based on the weakness of the dollar. The metal ended at U*****.50/US*4ll.OO an ounce against an initial U*****.90/U*****.10 and New York's USMOB.OO/50. On the local market, gold ended HKSB.OO lower at HK53,803 a tael. The Maple Leaf rose
      308 words
  • Page 12 Advertisements
    • 77 12 Banking on ttw middto marfcat, Pag* 8 IF YOU WANT TO KNOW UT... ft TOboWS Ol davjn n4 TWe \en<" e fi up h\lA& mfl F- s« i HP i 51 a N as do th<s statu is tl otter/some cneer amu e lateSMechnology available this/y the the car? aby
      77 words

  • SHARE INFORMATION
    • 4220 13 SHARE PRICES on the Singapore stock market eased yesterday as the bulls in the stock market took a pause. Peter Randall, from James Capel (Far East), said: "The surge on Monday was effectively posi-tion-taking ahead of the anticipated demand from CPF buying. The
      4,220 words
    • 232 13 SINGAPORE RIms m Oct 27 Oct 28 Bdv Kcww 240 440 600 25 474 +16 224 +16 wcinoi ***** 815.59 G inlii M lJ»| Omm Hay Tliicmr 8T08/0S vtcao* ***************6 171 +aos -8854 -4(97 T«mM ouT" I Hy4 245 +13 470 +10 382 +10 JT0»V +*****9 +*****0
      232 words
    • 4428 13 BID aad «(tar prion Ustcd aad business la aad rwpm—ri tn H» ttnrt of Stagapore jmtcrdijr with the la faracheta la lata of MM units ■ataaa otherwise specified. All Ttaae Settlement Contracts are «after the word "SETT", ard deals (la lota of 2,000 uaiU) are
      4,428 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 550 14 Search for new businesses to include high-tech products MBT. MALAYAN CABLES is to became a more diversified company and is looking for more profitable businesses, such as high-technology products. One of these products is optic fibres, which are used in advanced telecommunications. Malayan Cables subsidiary
      MBT.  -  550 words
    • 366 14 MALAYAN CABLES BHD's diversification into the telecommunications business through the acquisition of Uniphone has paid off handsomely. Contribution from Uniphone has more than offset losses incurred by the group's traditional cables manufacturing business. Results for the six months ended July 31, 1906, show
      366 words
    • 2558 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots at 1,000 units unless otherwise specified. MDUSTOALS Aii.i»». (3008) (50) 300 Aiceei (675) (2) 66 (I
      2,558 words
    • 52 14 BERJUNTAI TIN DREDGING Berfcad: 45th AGM at the PNB Theatrette, 2nd Floor, Menara PNB, 201A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia today at 10am. AUSTRAL AMALGAMATED TIN ImM: 47th AGM at the PNB Theatrette, 2nd Floor, Menara PNB. 201A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia tomorrow
      52 words
    • 169 14 the Aokam Tin RM board has received a notice of takeover from Halimtan s*» RM a conditional offer to acquire all remaining Aani in the company which it does not already own at M>3.80 cash a share. Rakyat First Merchant Bankers has
      169 words
    • 309 14 RAMPANT profit-taking surfaced to put a check to the firm spell and share prices Ml back into minus territory at the Kuala Lumpur Stock Exchange yesterday. After two days of firm trading, pt— chalked up were too tempting and profit-taking, though
      309 words
    • 105 14 HONGKONG Hongkong Index Tuesday 1489.66 Monday 1482.06 Wttkogo 1411.03 Hong Song lndox Tuesday 2355 93* Monday 2343.66 Week 090 2238.29 All Industrials Tuesday 2126.2 Monday 2117.3 Week ago 2133.9 NEW YORK Dow Jones Monday 1841.82 Friday 1832.26 Week ago *****2 TOKYO Nikkoi Averoge Tuesday *****.83 Monday *****.80 Week
      105 words
    • 206 14 ihinMiina iuu Tnwt ThW B'putro 3.71 176 owigaporv win inm Fo*+fp*n 4.25 4.30 Th« Commorc* 0.93 1.00 Fifth ETpirtra 2.76 ill Tha Savings Fund 085 091 SbrfhrpuM 2.75 280 S'por* Prog Fund 0.37 0.41* Smn* fpulra IAI 1.71 1.76 S por* Sac Fvrtd 0.62 S»v»rth B'putro 8) 4.09
      206 words
    • 332 15  -  By CHAN OI CHEE LEADING LOCAL stockbroking firm Kim Eng Securities has admitted Mr James LF See as its new partner. Mr See, 34, who came from Hongkong but is now a Singapore citizen, first joined Kim Eng around mid-1965 as a dealer
      332 words
    • 215 15 CASH-RICH Haw Par Brothers International, which is on the prowl for new ventures, appointed two experienced financial men to its board yesterday. They are Mr Hwang Soo Jin and Mr Tan Eng Joo. Mr Hwang, 51, who has been in
      215 words
    • 401 15  -  By ELAINE KOH CITY DEVELOPMENTS Ltd is putting up half of the development cost of its proposed condominium project in Upper Bukit Timah estimated at approximately $80 million. According to CityDev, its share of the project cost will be self-financing to a certain
      401 words
    • 838 15 THE SECOND DAY of Big i Bang share trading got un- derway quietly yesterday, I with prices mixed in early 1 business. 1 At 10.26 am, the FTSE 100 Index was up 0.1 point to 1,586.3. On Monday, the FT 30 i Index was up 6.2 points to
      838 words
    • 310 15  -  By HOMER CHEN WANNIAN HOLDINGS, whose winding-up petition will be heard on Nov 21, may be facing a new problem. The company disclosed yesterday that the buyer of its wholly-owned subsidiary, Shenzen Sungang Warehouse Enterprises (HK) Ltd (SSWEL), is now having second
      310 words
    • 563 15  -  Talks to buy stake in Rotraco Exports By NAJEEB JARHOM ROTHMANS INDUSTRIES Ltd is negotiating to acquire a 60 per cent stake in Rotraco Exports Pte Ltd, which is involved in the profitable business of trading in duty-free tobacco and liquor 'products. This was disclosed
      563 words
    • 194 15 Bernama THE FLEET GROUP has been directed to reduce its stake in the Bank of Commerce to a 51 per cent limit within two years. Malaysian Deputy Finance Minister Datuk Sabbaruddin Chik yesterday said the group increased its stake following its
      Bernama  -  194 words
  • Page 14 Advertisements
    • 491 14 NOTICES (Bale IN) (Under the Order for winding up the abovenamed company dated the 17th day of October 1908.) Notice Is hereby given that the first meeting of creditors In the above matter will be held at 47 Hill Street #05-02, Chinese Chamber of Commerce k Industry Building, Singapore 0617
      491 words
    • 409 14 THE COMPANIES ACT, CAP. UK BJL GRACE PT* LTD Om VafaaSary 11 <■«!■) BPECIAL RESOLUTIONS PASSED ON a OCTOBER 1M At an Extraordinary General Meeting of the company held at 331, Victoria Street, Singapore 0718 on 21 October 1960 the following Special Resolutions were passed:(a) That S.K. Grace Pte Ltd
      409 words
    • 485 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 PURSUANT TO SECTION ?90f2Mb) AND IN THE MATTER OF DIMITRI PTE. LTD. At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. *12-01 12-11 Golden Mile Tower, Singapore 0719 on Tuesday 28th October.
      485 words
    • 41 14 Ifl I. i /T| "T in.TjP^.•'.n-f 3 WU Ttntojfapc. 42. Boat Quay/39, Ocular Ad, Singapore 0104. FOR YOUR RENEWAL REQUIREMENTS OR IMMEDIATE SUBSCRIPTION TO THE ASIAN WALL STREET JOURNAL Ring: *****13/*****04 KELVIN HAN DAK MARKETING SERVICES PTE LTD (Authorised Subscription Agent)
      41 words

  • Page 15 Advertisements
    • 70 15 Fi is an 1 iii 9f S£F t i I If jta?' *r No. 1 of course. The best for less v The lesser at best I oe.lk'il .lit MIL' cat Street, iv'il oil! t otters cjUctlit\ oil ice space t the most eo m pet 111 e rates. ,>;)!<•.
      70 words
    • 188 15 SINGAPORE MANUFACTURING FUTURES SURVEY 1986 Singapore manufacturers are struggling to compete in today's competitive environment WHY? To find out some of the answers attend the Business Times/Arthur Andersen Associates Pte sponsored symposium on New Singapore Directions in Manufacturing. Introduction by: RoryMackie, General Manager, Business Times Speakers at the special symposium
      188 words

  • 410 16  -  ■y ALVIN TAY THE EXPORT CREDIT Insurance Corporation of Singapore, which has stopped accepting third country or external trade policies since July 1903 after suffering huge claims, has decided to make a comeback with a modiDeo Karat. Exporters involved in external trade only and
    410 words
  • 81 16 AP PRESIDENT Reagan has signed an executive order implementing economic sanctions ordered by the US Congress against South Africa's government. President Reagan vetoed the sanctions, but was overridden by Congress. The order said that the sanctions, including a ban on new American investment in South
    AP  -  81 words
  • 432 16  -  Growth due mainly to faster rate of decline in workforce By ANNA TEO THE WORKFORCE shrank at a much faster rate than the decline in output during the first half of this year. This contributed largely to the period's improved productivity growth,
    432 words
  • 287 16 Reuter PHILIPPINE Defence Minister Juan Ponce Enrile said yesterday that his attacks were made on behalf of military men who dared not speak publicly. In a speech prepared for delivery to the American Women's Club, Mr Enrile also
    Reuter  -  287 words
  • 89 16 AFP FOLLOWERS of deposed President Ferdinand Marcos said yesterday that they would accept Defence Minister Juan Ponce Enrile into their fold if he admitted that he had erred in helping install Mrs Corazon Aquino as President and quit. The Marcos loyalist leaders, however, denied at
    AFP  -  89 words
  • 385 16 Reuter PRESIDENT Chun Doo Hwan yesterday confirmed that South Korea had begun to cut its huge foreign debt following increasingly optimistic forecasts by economists for the 1986 current account surplus. "This will be a significant year when our foreign debt will fall for the first
    Reuter  -  385 words
  • 84 16 SINGAPORE AIRLINES and Malaysian Airline System yesterday announced that as of Jan 1, 1987, the "Shuttle Bonus" flights between Singapore and Kuala Lumpur will be withdrawn due to poor response. For the rest of this year (from Nov 1 to Dec 31), the designated "Shuttle
    84 words
  • 170 16 Bernama THE MALAYSIAN CABINET It expected to deckle today whether Finance Minister Daim Zainuddin'i proposal (or a three year voluntary moratorium on wage increases refers to yearly incre ments or to collective employ er-employee agreements. Labour Minister Datuk Lee Kim Sai, queried
    Bernama  -  170 words
  • 86 16 Reuter COMEX GOLD FUTURES rose on moderate buying yesterday morning stemming from a lower dollar, but the support levelled off under Monday's highs following the continued soft trend in crude oil prices. Gold for delivery in December was up US$2.3O at U*****.60 an ounce with an early rally
    Reuter  -  86 words
  • 63 16 Reuter WALL STREET opened on a note of optimism yesterday as stock prices pushed slightly higher despite a mixed bond market that was preparing (or yesterday's treasury auction. The Dow Jones Industrial Average, which rose nearly 10 points on Monday, mostly on the surge from Goodyear, added
    Reuter  -  63 words
  • LATE FILE
    • 58 16 Bernama MEMBERS of the Association of Tin Producing Countries have agreed to make Joint efforts to overcome the problem of stocks overhanging the tin market. The ATPC ministerial meeting, which ended in Jakarta yesterday, has directed the executive committee to prepare recommendations within a month
      Bernama  -  58 words
    • 57 16 Reuter UNITED ARAB EMIRATES Oil Minister Mana Said al-O-teiba has said that Opec should consider new cuts in its output ceiling if oil prices do not rise to close to US$l9 a barrel. Hosew, he has predicted that the temporary output restraint accord Opec agreed
      Reuter  -  57 words
    • 38 16 AFP FORMER US Secretary of State Cyrus Vance is scheduled to arrive in Hanoi on Friday for a five-day visit. He is the most important farmer US government official to visit Vietnam since 1575.
      AFP  -  38 words
    • 53 16 AFP THE OVERWHELMING majority of the people in the world long for peace and whoever launches a war will not win support even from its allies, Chinese leader Dens Xiaoping said yesterday. "Holding negotiations is always better than no talks," he told Iceland's visiting Prime
      AFP  -  53 words
    • 43 16 Reuter BANGLADESH has scrapped plans to buy a heavy water nuclear reactor with electrical-generating capacity of 300 megawatts from Canada for US$6OO million owing to a lade of finance, a Bangladesh Atomic Energy Commission official said in Dhaka yesterday.
      Reuter  -  43 words
    • 38 16 AP THE AUSTRIAN government yesterday decided to recall its ambassador to Israel in a move reflecting official displeasure over the Jewish State downgrading its diplomatic representation in Vienna, Chancellor Franz Vranitzky said. AP
      AP  -  38 words
  • Page 16 Advertisements
    • 822 16 SIM Course Leaders' Course (Residential) Singapore, November 17 22, 1986 On completion of the course, participants would: have acquired a thorough knowledge of learning concepts and the related participative learning techniques that facilitate effective learning. be able to conduct effectively training sessions developed systematically, based on a knowledge of learning
      822 words
    • 8 16 Aquino dtftndi policy on communist insurgency, Pago 4
      8 words
    • 144 16 u Our Executive Cheft fresh new menu will undoubtedly drive die city empty. After being the finest seafood restaurant this side of the Benjamin Sheares Bridge for so long, we have finally succumbed to change. Our Chef had long desired to demonstrate that his repertoire does not finish at the
      144 words
  • Page 16 Miscellaneous
    • 35 16 aim Outlook: Showers ovor sovorol port: Moxmmmi tomporotvro 32.0 Aatociotod humidity 69 Htmmmm tomporotur* 24.4 Awociotod humidity 95 Hours of umthnt 5.60 RoinfaN n millimotr«s 2.6 RoinfoN thii month 211.9 Romy days this month 18
      35 words

  • SHIPPING TIMES
    • 261 17  -  By KINGSLEY WOOD BRISBANE Port Authority is making a determined effort to stop the centralisation to Sydney of a third of its container traffic. Authority chairman Max Hodges says research has shown that some 40,000 boxes a year are being bled from
      261 words
    • 399 17  -  By G DURAIRAJ PIRATES have struck again in the Straits of Malacca. In two separate reported incidents, two weeks apart of each other, armed men attacked cargo ships one of which took place in Malaysian waters. In the latest incident, a Panamanian-flag general
      399 words
    • 236 17 THE ROLE of freight forwarders will be the focus of a two-day seminar cum forum in Penang next Entitled "The relationship between trade and freight forwarders", the meeting will provide participants from both the public and private sectors with an opportunity to discuss
      236 words
    • PORTSIDES
      • 63 17 AFP ELEVEN Chinese workers died when fire struck a Dutch freighter that was being broken up at a shipyard in Nantong, Jiangsu province, a Chinese newspaper said. The accident, which occurred on Oct 11, began as the hull of the cargo ship Apollo was
        AFP  -  63 words
      • 101 17 Reuter A NEW multi-million dollar submarine cable system, providing an improved communication link from Australia to Indonesia and Singapore, was opened in Perth yesterday. Communications Minister Michael Duffy, who opened the Australian-Indonesian-Singapore (AIS) cable, said the system could be expanded with connections to the Middle-East and
        Reuter  -  101 words
      • 153 17 AFP JAPAN'S last factory ship left Yokohama yesterday on its final Antarctic whaling hunt. The 23,000-ton Nisshin Maru No 3, with 231 crewmen aboard, is to be Joined by four whale chasers from Shimonoseki in Western Jpaan. The expedition is to catch 1,942 minke whales,
        AFP  -  153 words
    • 1173 18 GRAIN chartering is moderately active on Monday with rates generally steady but other sectors of the freight market are very quiet with no fresh features emerging, ship brokers said. The slightly higher rate of U5512.20 is reported to have been paid for grain from the US Gulf to
      1,173 words
    • 1236 18 Seatrade THE PHILIPPINES has a rich tradition dating back to the 16th century when Spanish galleon ships, manned by Filipino sailors, carried gold and spices from Manila to Acapuko. The pomp and pageantry of that era have long vanished, but through a dramatic fleet
      Seatrade  -  1,236 words
    • 910 18 AB Shpg V 5 Accord Shpg VI 3 Ahf enkiel Liner X 1 Aitrons VI 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL Ml 2/3 ASCL III 1 Boh-Conodo Line
      910 words
    • 226 18 Reuter TWO SOVIET DIVERS were killed searching for survivors from the liner Admiral Nakhimov which sank in the Black Sea with the loss of 396 lives, the Communist Party daily Pravda said The divers were brought to the surface above the wreck of the
      Reuter  -  226 words
    • 177 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container
      177 words
    • 188 19 Reuter THE CUNARD ocean liner Queen Elizabeth 2 docked in the West German port of Bremerhaven for a Dm 224 million (US$ll2 million) refit, the most expensive in the history of passenger shipping. Lloyd Shipyards, which will carry out the work, said his
      Reuter  -  188 words
    • 516 19 Reuter INTERNATIONAL SHIPOWNERS have voiced concern to Egyptian Suez Canal authorities over the latest rise in tolls. They said they could use other routes if Egypt was only trying to boost revenue. The chairman of the International Chamber of Shipping (ICS), Sir
      Reuter  -  516 words
    • 835 19 AFP RATES on the major grain routes underwent a sharp initial (all on the freight market during the past week and, despite a late burst of activity, (ailed to improve upon the previous week's levels. Shipowners' hopes of a sustained autumn upturn in earnings were once again dashed
      AFP  -  835 words
    • 323 19 Lloyd's List SWEDISH shipping group Stena has boosted its bulk ship fleet in a series of deals involving both longterm charters and acquisitions. It has chartered three very large crude carriers and one large clean products carrier and has bought a
      Lloyd's List  -  323 words
    • 6859 24 AARHUS Qiu He. Chiaa Onto, Oct 8 Setandta. ScanDutrh*. Nov 4. Ever Greet. Evergreen, Nov t. Mine Energy. Yin| Ming. Nov 1 Axel Maenk. Maerak Une. Nov Toyama. ScanDutcht. Nov U. Qiu He. China OcMi. Oct M. amojan Ned Wlasekerk, Nedlloyd. Nov
      6,859 words
    • 503 24 AT CONVENTIONAL WHARVES VMMi BMt h Arrival D<p<rturt KEPPEL WHARVES G Selotan-9 Murroyeverett Rema Yuheng No 2 Bertong Sena Cons ton i a M F'est Vonguord Hati Boik Heemskerkgrocht Horizon Star Hosei Moru Koto Angkaso Manoloeverett Mendoza K21 K28 K35 K19 K25E K32 K19 K19 K33 K35
      503 words
    • 940 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy date/time Operator cargo schadula Location Indi Courier A Temosek Moo Crystal Ms Ckjuctm* Sea Hawk Ned Houtmon Chengtu Ever Lyric Tombong V* Harvester Nwga 30 Mng Fortune Charlotte Ms Frankfurt E UnH-kjndsome B
      940 words
  • Page 17 Advertisements
    • 673 17 1 )K u« ii i.ti OOCL ORIENT Ovbqeas Qmtumn Line «6|b#» mm. smvme mocks On miom/ ood Mil// 200 Cantonment Road *12 05 Soythpomt Smflpof t 020S Jardines Td *****11 TUE* NO RS ***** TEHMML/CFS 3200 218 TO 270 BOONNGS 3200 234 TO 235 pesma mm wrfK agencxs sou m.
      673 words
    • 65 17 mm THE FREE-WHEELING DAYS when the Philippine Moritime Industry Authority approved bareboat applications from olmost anybody with a foreign principal ore coming to a close. Page II INTERNATIONAL SHIPOWNERS hove voiced concern to Egyptian Suez Conol authorities over the latest rise in tolls. P»g« I" Index to odvertisers II Shipping
      65 words
    • 393 17 Available at a* good bookthopa PUBLICATIONS OMJ/ THE HEART OF THE GO MAERSK LINE .i ii :hi a t i :«m i i:m i rrm SINGAPORE/TILBURY SING APORE/FEUXSTO WE SINGAPORE/SOUTHAMPTON SINGAPORE/DUBLIN 19 DAYS 19 DAYS 21 DAYS 21 DAYS 22 DAYS *Smppart CJasxf lan •CT 3/11 ISM MB CfS 3/11
      393 words

  • Page 18 Advertisements
    • 246 18 > i T\ V C T T 7V717 1 YAMASHITA-SHINNIHON LINE I Iv I ITi TRAMS-PACIFIC SERVICES Pacific South Wtst I Pacific North Wost I Atlantic/Canada Faadar at Kao I Faadar at Kao I Faodor at Kao r^OTl.' l "IPTMPIIJ tn ona rgrr— fttm i.mb aza— ctim llw i" j
      246 words
    • 357 18 m&iiutei IE EUROPE/FAN EAST CONVENTIONAL SERVICE VSL PT. O* LOG. D VSL FMHMT OnBS m ma i TTIAMON EFn R nene cm TEL- 03-*****50 MALAYSIA SON. BHD. TLX ***** MTM Frt. Booking contact Miss Qsn >T. KLANG S PORE LOG. FOR fIHjH IfcflwMl Dirt* Setubal Fo-rMw-Sma Dwtart-fn»i« SiutdMftfM PT. KLANG
      357 words

  • Page 19 Advertisements
    • 770 19 The Straits Steamship Group m 17TT m J r iT STRAITS SHIPPING Singapore to Sibch, Sarawak, Brunei Ports and Bangkok CONTAmSHF SERVICES TO/FROM BANGKOK BANGKOK BORNEO AGENCIES LTD BANGKOK TEL: *****80 CONTAMERSHP SERVICE FROM UK/CONTMENT: H tMT| B'ha«en R daw Lt Hi S'lon RAMfURT EXPRESS SaM bM SjM SM SjM
      770 words
    • 848 19 NOTICE GREAT NEWS COMPETITIVE FREIGHT RATES TO JEDDAH AQABA CALL FRATA TEL: *****04 FOR BOOKINGS MV CHAR CHING VO6W ETA 01 NOV 1986 Franco Belgian Services f r r. n. h com wo grug iomok ,lh li. V< ,n I i r (MEMBER OF ACE CONSORTIUMi I SOURCE WOW MOW
      848 words

  • Page 20 Advertisements
    • 217 20 100 Years Liner Shipping Far East 7 1886-1986 Z_ Aariaa. I t Saaft Dmnca. Makno HMI hmtardam Mist. Mfe. CjrtA««i« Agents SEGANI Sncuwe *****46 K. Lumpur *****25 Boakinf *****7 St. Krianc *****11 Fr«|M *****00 CfS *****50 CFS *****41 Peranf (*****. *****2 Tinraul *****33 *****3 UiS.Mv.i INTERNATIONAL FREIGHT forwarders CONSOLIDATION SERVICE
      217 words
    • 728 20 Ifii s»*"« FULLY CONTAINERISED SERVICE 10 EUROPE Vl* SUEZ A Mrmbff ol thf tf Cofno u 6 11 (3 11) OMNTAI CHKF SIN KOREAN lACERN 3SN KPTUW CRYSTAI 37* KOREAN CHANCE 79* 12/11 (10 11) 19/11 (11/11) KOREAN CHANCE ?«E SEVEN SEAS BRDGE S7t MERCATOR 401 CR TOKYO t Keijnf
      728 words
    • 334 20 M. Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** J ft. I \S II R\ \k 1 INI R. I I I). STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I Lowfinf at appropriated Berth P4-P5 NOTE: ALSO CALIMG OTHER JAPANESE PORTS. HONGKONG. TAIWAN
      334 words
    • 1086 20 a EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ive* glory EVER LRMMG (Vt* GLOBE EVER GRAND lilt LEVEL GLEAMY FVFR GO! Of* SGP WG KM UC VII 1/11 11/11 11/11 12/11 lt/11 11/11 29/11 19/11 23/11 24/11 27/11 21/11 2/12 4/12 C/ 12 3/12 7/12 J/12 11/12 It/12 14/12
      1,086 words

  • Page 21 Advertisements
    • 910 21 EiaawuMwaM v PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK SEA HAWK MAJAPAMT SEA HAWK VESSEL VOV SEA FORTUNE 0033 SEA GLORY M 45 SEA FORTUNE 0035 GLORY SS47 SIN .SBY SMG SIN BLW
      910 words
    • 752 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT EXPRESS CONTAINER SERVICE FROM UK/CONTMENT HAM B HAVEN RDAM Frartlurt Eipeu SaM SaM SaM C«*|«i Bay SaM M M ToAyo Bay SaM SaM M Mm Mara SiM S« SaM OsaAa by SacH 24< 10 7110 Bremen Eipress J/11 5/11 VII Bound 11/11
      752 words
    • 548 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE PKIEWANC M M S/ll CAMM BhMTI VltM M/ll sxMMTt mm 1/11 KUIM VIM* 20 20/11 HBJtO BKWN J/12 30/11 A/12 20/12 ATMM RIMM HHUK 7/12
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    • 410 21 BOUSTEAD SHIPPING AGENCIES m PAGAN VIM* MA Wl AMY JUNG V32W PA AN VIO3W V* BURMA FIVE STAR fßurmese National Line) Loadint for Ranfoon Spore 29/30 Oct 1/10 Nn 7/9 Nov 15/17 Nov PKetanj Ptmanf P. Gudjn( 30/31 Oct BANK LINE NORTHBOUND TO UKC STORE ROAM HULL HMK IVYBANK VI7N
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  • Page 22 Advertisements
    • 1343 22 to- \.*:"K"line USA CANADA aTL*mC COST [Round The World s.rvic.) KAWASAKI KISEN KAISHA. LTD.0 MNSTER ¥27 VERRAZANO BMOGE VB3 N GARNET VC 0 FREEDOM Vll PACIFIC NORTH WEST PACIFIC COAST PACIFIC SOUTH WEST PACIFIC NORTH Wtbl FEEDER VSI SP PK PN SP MOTHER VSI T/S POUT LA/LB OAK MOTHER VSI
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    • 672 22 a aj s& AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Conlwiwri Feeder f HHitf Lmer Vtisi* S pore MHti Frew S»dn Also Accepts ESTEUPffR v 8 4 No. CALABAR V3O ?4 No. CALABAR V3l K OK CHANOCAS V 72 t No. 22 No. 31 No. 79 No. Adel Brrs KABMMS *31
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    • 748 22 STRAITS/PERSIAN GULF SERVICE: GOLDEN HMNEST Cotonito Karachi MmcK Onb» GOLDEN HA»EN Cotonbo Karachi Bahrain GOIOCN KM SJianfhai GOLDEN LINE GUAN GUAM SHPfIM <PTC) LTD 23 W *r* $*••< SWAPON IIM TU *****41 (II U«) <me cnuirr- s o,e '""cnui ktal 4/1 Ntv 1/11 Nn CHMA OCEAN SHTPWG CO., PEKMG THE
      748 words
    • 297 22 r INTRASEA (PTE) LTD. J|l 10 Anson Road *27-16 Inte'nationa 1 P */<« Singapore 0207 Tel *****1 1 (10 Lines/ <► BREAKBULK SERVICE TO EUROPE/UK NORMAN QUEEN 88K923 FURIA 88K924 11/11 4/11 2/11 ROT/ANT/BELFAST/U( (AVON) JEDOAH PHIIIIROh SHIPPING AGENCIES PIE I ID PHIL I ORIENI LINES PTE I ID y
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  • Page 23 Advertisements
    • 733 23 *NOL NEPTUNE ORIENT LINES LTD Agents Spore lit No OHke 271W 77 FAR EAST/EUROPE FULLY CONTAINERISED TO EUROPE/UK (VIA SUEZ): i NEPTUK AGENOES PTE LTD. FE FU/WBI TPA/SEA Termmal CPE BOOKMES *****77 *****53 *****4? *****22 *****93 *****42 0* MKCT UKS 2790U9 27*0114 27*111 NEPIME SON. BHD *****87/*****45 *****53/*****26 NEPIME SON.
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    • 481 23 HEUNG-A SHIPPING Korean Flag Vessels DO* SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN. INCHON trail N. 1 Omm tOtN M St. MM IIM) No t Oman MM No I Oman MM Hi 7 Daw tOW No i Datum tOW TW tOl No t Donan tION lb I Oanam tOW
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    • 612 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILOVIG 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Termini Office: *****41/2 Cable Address SMSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P. KELANG M/S SHARKAT NAM SOON SOU BHD IST ANO 2ND FLOOR NO 1. IALAN CEMP(NMG PORT
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  • Page 24 Advertisements
    • 407 24 [ggjjl REGIONAL CONTAINER LINES SMGAPORf Ned 29 29/10 Sit 1-1/11 2-2/11 4-5/11 5-6/11 TO BANGKOK (4 SAILINGS A WEEK) VESSEL nni mgißßißiMnrii "iisni W Ls.lltilW ITTTfI [2Q EZ2H C22E E2BE EOBdESHHEEIIEESII ™COEE2HEOE3I2E iniwnrißni Incinisii E23 EES EEZE EO E3E2DI EES EESE ■C0E***** in f Ml.'.'M- 1 I n.H'.'.i 15-16/11 16-16/11
      407 words
  • Page 24 Miscellaneous
    • 152 24 m Regional Weather M V r r+ C Va m i 3! c O W*>d (WecT.on with speed m knots SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO A.M. THIS MORNING. LfGCNO R Thunderstorm Temperature •<. X\ n Shower Weother Wmd direction mfh speed m knots Rom W Cloudy Sky 1
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  • Page 25 Advertisements
    • 189 25 REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. ETA ETD DESTMATON "KHUN KAEK" 04 15/11/16 19/U/K TBN PAIS 13/86 bi Port 31/10/S6 CttTTAGONG C«cM Mtm4 #19-01 DUNN I L; BMN (S UHKS) OCEAN BRIDGE SHAPING PTY LTD. SAJUNG TO FHEMANTLE Mr miii com Generji Imkov Shipping Co Pte Ltd. 131 C«l SM
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    • 4 25 CHART POINT every SATURDAY
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    • 461 25 CORMORANT BULK CARRIERS > VANCOUVER B.C. CANADA MDOKStt/ USA MO CANADA NEST COAST CONKNTIONAL SERVICE lOMMG FOR VANCOUVER BC. 01 TIM SMM MCTOKV 11-12/12 15-W/12 21 2J/12 OTHII lOMMG rare SUB!CI BOUCOffNT NXMCSM/ UNA CONVENTIONAL SERVICE lOAOMC fOi hmru MUM BONMT uu CKBON it#** m KU PHI WCIOBT im/11 20-21/
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    • 610 25 > CNC LINES V WEEKLY FCL LCL CONTAINER SERVICE STOK KUO LUNG *610 2/11 YE UW ¥603 9/11 KUO HSWK V6ll 19/11 TAO YUAN *604 26/11 Genera 1 Agents BKK WC KUO IS 101 HO) BUS 4/11 9/11 11/11 12/11 16/11 17/11 11/11 12/11 17/11 19/11 21/11 24/11 25/11 26/11
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  • Page 26 Advertisements
    • 502 26 -mmm FINE-LINER SHIPPING PTE LTD TEL: *****52, *****62, *****62 TLX: R*****1 FLINER ACCEPTING FCL, LCL A CONVENTIONAL MDDLE EAST SERVICE 4/11. 9/11, 16/11 DUBAI, BAMtAM. MUSCAT, DOHA. OAftMAN, KUWAIT ABU DHABI HONGKONG/CHMA SERVICE 31/10. I/U. 15/11. HNGANG, BOMB. TUNJM. StCKOU. SHANGHAI. 23/11. 1/12 GUANGZHOU. WHAATOA 5/11.12/ U. 19/U BANGKOK 3/11
      502 words
    • 286 26 I .T. UNITFD SHIPPING ORGANISATION LTD JAKARTA FAST MRECT REGULAR SERVICES TO MDONESIAN PORTS JAKARTA/ SURABAYA/ OREBON/ SOWWMG/UTAIfNNG/ PALEMBANG/ PADANG/ BALKPAPAH/ SAMARBOA/ PONTIAIIAK VSI ETA ETD LOABMS FOR P JANA V7/K 30/10 31/10 JAKARTA f. SUMATERA Vl4/0S 2/11 3/11 JAKARTA P KAUNANTAN Vll/06 12/11 13/11 JAKARTA/SBABAYA P. JANA VI/'l6 10/11
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    • 568 26 C.Y. LINE (A Member Of The ACE Consortium) CHO VANG SHIPPING CO. LTD FUUY COHIMnBED SOtVICI TO EUMK SB) OWNTJU CXF niN KOKAH Mam VKN ICPTUK CRYSTAI V37W KOREAN CMWQ V29H 24/11 15/11 2C/U 29/11 N/11 2/12 1/12 2/12 J/12 4/12 7/12 »/12 1/12 9/12 11/12 U/12 14/12 lt/12 15/12
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    • 711 26 Everett Lines I' COMPANA PERUANA K VAfOKES (CPV) "PERUVIAN STATE UNE" loafrnf to> Caiao Mataiam to and aA oPniniw porta wth transkwmtal at On CPV Ttxcxifti Ms ol La*a| to Imai 4ejt*ut«xi mwuyevejktt THOMASHOKTT MJOCVEKTT 60UC21/21 Oct 7/tNw 11/20 Nw "EVERETT ORIENT LINE"g JAPAN/BAY OF BENGAL/JAPAN SERVICE LQADMG FOR HONGKONG*.
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    • 273 26 ZIM FULL com MO CvrtotwlKt C a i i i i alfaa KOMI HAITI FCL/LO. tMfu to USA East I Mat Cm* m eilat container une sm n* «un n n TUNC HM NO 2 1/11 14/11 at SIBKT 1/11 15/11 19/11 71/11 24/U H/ll 27/11 m ncsit 11/U 2/U
      273 words