The Business Times, 13 November 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 THURSDAY, NOVEMBER IS, lfM 75 CENTS
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  • 184 1 Overseas markets WEDNESDAY HK Hang Song Indox 2239.71 32.46) Tokyo Nikkoi Avorogo *****.89 (+147.33 Sydney All-Ordinaries 1380.9 (-3) TUESDAY New York (Dow Jones) 1895.95 3.66 London (FT 30 Index) 1311.7 (-1.6 1313.4 (Wednesday noon Exchange rates THE S$ closed higher at 2.1890/1900 (2.1905/15 previously) against the US$
    184 words
  • 248 1 BUYERS STAGED a strong return to the Singapore stock market yesterday, pushing most share prices sharply higher in fairly active trading. The widely-followed Straits Times Industrial Index shot up 17.43 points to 896.71 while the more broadly-based BT Composite Index soared 18.42 points to 792.10.
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  • 63 1 Reuter SHARE PRICES in Hongkong and Tokyo rose sharply yesterday. The Hang Seng Index jumped 32.46 points to 2,239.71 while the Hong Kong Index shot up 21.65 to 1,420.80. Turnover rose to HK5650.39 million. In Tokyo, the market average rose 147.33 to close at 17,447.89, thanks to
    Reuter  -  63 words
  • 374 1 Bernama THE MALAYSIAN CHINESE Association withdrew its resolution questioning the pribumi (indigenous) status of Malays at the Malaysian Cabinet meeting yesterday. Announcing this, Deputy Prime Minister Ghafar Baba said the withdrawal of the resolution through the four MCA Cabinet ministers was to enable the Cabinet to
    Bernama  -  374 words
  • 481 1  -  By ALVIN TAY DBS BANK launches its $150 million negotiable certificates of deposit issue today, becoming the third bank, after Citibank and Standard Chartered, to tap the fixed-rate NCD market in such a big way. The five-year certificates carry a fixed
    481 words
  • 431 1  -  Recommendation to be made to Finance Ministry By CHUANG PECK MING THE CHANCES of public sector employees receiving a 13th month payment this year now look to be high. Yesterday, First Deputy Prime Minister Goh Chok Tong said he would recommend to
    431 words
  • 105 1 NST AN ACTION committee, claiming to represent members of the 24 ailing Malaysian cooperatives under investigation by Bank Negara, will submit two counterproposals to prevent any wind-ing-up exercise. It also seeks to ensure that depositors get back their money in full.
    NST  -  105 words
  • 579 1 FIRST DEPUTY Prime Minister Mr Goh Chok Tong yesterday expressed some surprise over J B Jeyaretnam's loss of his Anson seat because of an amended sentence handed down by the High Court. Asked by reporters to comment on Jeyaretnam's fate,
    579 words
  • 169 1 IT WAS REPORTED in BT yesterdsy thst J B Jeysretnam and Wong Hong Toy had each been sentenced by a district court in September last year to three months' jail and a $1,000 fine. The $1,000 fine had in fact been handed down in
    169 words
  • Page 1 Advertisements
    • 100 1 Cassette Receiver M 3 FUJITSU TEN AMATEUR PHOTO STONES PTE LTD. Singapore: Phone *****22 Kuala Lumpur Phone; *****33 Phone; *****5/*****1 Jakarta: Phone *****5 Full report, Psgs 13 Asian stocks, Pago 11 Intl stocks, Pago 10 k THE SUPER PERFORMERS .y\R£ BACKk^ -jCz' h> I Superb performances! Sensational singers! Electrifying music!
      100 words
    • 294 1 PR: Time for some polishing PUBLIC RELATIONS? Nothing more than organised lying, say some people. It's a matter of saying the right thing at the right time, retort the PR people. The truth is, the public image of the public relations industry has long needed some polishing. And that, oddly
      294 words
    • 8 1 Banks hesitant about taking ©var co-ops, Paga 14
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    • 233 1 Rodenstoch Quality before your pyes kSZSSM With HoogfeoogßankS Home only the interest for the first 5 years. M i R v -as V s no** Only Hongkongßank has a home loan that's specially tailored to your available cash flow. Like servicing only the interest on your loan for the first
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  • HOME NEWS
    • 377 2 A DECADE after Singapore Airlinea (SIA) sold off the last of its six McDonnell Douglas DC-10 aircraft, the US aircraft manufacturer is trying to interest the national flag carrier in buying its new MD-11. McDonnell Douglas representatives who had talks with SIA recently believe it is
      377 words
    • 366 2 A HOUSING and Development Board contractor that bought npw equipment to upgrade its production is now suffering from the slowdown in the HOB's building programme. Contractor Yong Tai Loong's problems have been compounded by the HDB's decision to stop using its standard steel water tank.
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    • 471 2  -  By MARTIN SOONG NATIONAL AEROSPACE industry associations, under which foreign aerospace companies are banding together for cost-saving benefits, are giving the organisers of Asian Aerospace "overwhelming support." Mr Rob Dunsterville, Cahners Exposition Group's (CEG) marketing director, said following a marketing foray at the recent
      471 words
    • 118 2 THE CHIEF of Staff of the United States Air Force, General Larry D Welch, arrives in Singapore tomorrow for a two-day visit. General Welch was appointed to the helm of the US Air Force in June. His visit is part of an
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    • 407 2  -  ■y LIM SOON NEO SINGAPORE'S night life does not make the mark. The Tourism Awards Committee was all set this year to include, for the first time, a "Best Night Entertainment Spot" award in its annual Tourism Awards. But no nominations were made.
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    • 188 2 OPTICAL EQUIPMENT will be the focus of attention next June at a three-day international trade exhibition in Singapore. At OPTICS 87. from June 13 to 15 next year, visitors will have a chance to view the latest equipment and products for optometry and opthalmology, including
      188 words
    • 181 2 SINGAPORE'S defence strategy of deterrence will be enhanced if all members of the Singapore Armed Forces (SAF) make greater efforts to be productive. The Second Defence Minister, Dr Yeo Ning Hong, said the armed forces with a high productivity level was the one
      181 words
    • 46 2 THE CAPTION on the picture of Tan Sri Khoo Teck Puat in BT's story on W I Carr yesterday was incorrect. It should have indicated that it was WICO which faced a big staff exodus, not Exco. We are sorry for the error.
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    • 798 3  -  The arrival of a secondary stock exchange, the Stock Exchange of Singapore Dealing and Automated Quotation System or SESDAQ for short, creates a new source of finance for companies. This is not venture capital, but is a potential and valuable supply
      798 words
    • 133 3 (Chinese) a£«£ffn*»r o *7 ftflfr>ik&tt£££ s ±%r mt&&: jo ft «*a ez «3B s ft ift a tf ft ft x r *a iar*of3tfa£«if£ £aitfi§i*rttfl*Jfc &#i»ftft?*fcfsi& $fs£*>#l!9:tfms]ttflK *W*U£ £9nm&Qft nm'A Jgffr ffcl£*il-&t*«tt#:£i*t f* mxfe&vttj: i§f*m mi Hrfu*»7{frttftfi»*m tk* WllJtlW^ftflll!;' aaiß&ĕiaĔ&riciSc f****# flSfcfatt *»m £*f*m£#i££«t;toiK -Rteft «IS f4?W)K:*«t*Tm« ft**T#il!ittffr 50 ftw&m.
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    • 409 3  -  By SOH TIANG KENG RECESSION-HIT retailers and restaurant operators are looking forward to a bright Christmas next month. Their optimism has replaced gloom as the Singapore economy begins to stage a gradual recovery from its worst slump in 20 years. A Government report on the
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    • 229 3 SHIPYARD workers in Singapore are only 40 per cant as productive as their Japanese counterparts, Minister of State for Trade and Industry Dr Lee Boon Yang said yesterday. Dr Lee said the shipping industry will have to become more competitive and also hold wages again next
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  • Page 2 Advertisements
    • 200 2 Philips adds n i w I) i \i i s i o s I <> l i or \i i ion M i \i L i ■r-V. v., Hi m m m of any system available) are combined with minimal maintenance. Quality and reliability are built-in, as you'd expect from
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    • 77 2 FACTORY FOR SALE $1 MILLION Land area: 36,0005qm Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen, Sanitary ttdHOti/wtttr •toe ti icily supply, sprinkle lyitenv 2. 4 Unit of 22KKJ 1,000 K.VJL Transformer*, su table for al types of Industry except food. 3.1J km to Jurong
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  • Page 3 Advertisements
    • 82 3 that we learned how to care for m people over global distances before we ever became international Now we're truly global. From Vancouver; u throughout the USA, to Europe and i s on to Singapore. And our refreshing rc A J* attitude that passengers are indi 'm* viduals goes with
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  • ASIA-PACIFIC
    • 436 4 AFP AT THE END of its first year in office, Prime Minister Paias Wingti's Papua New Guinea government has pushed through a revolutionary budget based on a forecast of 16 per cent growth over the next 12 months. Financial analysts said the Port
      AFP  -  436 words
    • 171 4 Reuter AN AUSTRALIAN government consultant said yesterday that Australian exporters should expand their markets in Europe instead of Asia. Peter Frankel, who has been commissioned by the government to prepare a report on marketing in the West, said Europe provided more stable markets
      Reuter  -  171 words
    • 111 4 AP IN ANTICIPATION of booming exports, South Korea's five semiconductor makers plan to invest 670 billion won (US$76O million) over the next four years to expand their production capacities. Trade officials in Seoul said yesterday that the five, including Samsung Semiconductor Telecommunications, Goldstar Semiconductor and
      AP  -  111 words
    • 296 4 AP JAPAN'S economic growth is expected to drop to 3.5 per cent tor the current fiscal year because of the worsening domestic economy caused by the yen's appreciation, a Japanese newspaper reported yesterday. The Japanese government had set a target of
      AP  -  296 words
    • 591 4 NYT ENVOYS crisscrossed Manila on Tuesday between the Defence Ministry and the Presidential Palace in an effort to defuse a government crisis that has raised fears of a coup. With President Corazon Aquino in Tokyo and the man who has made himself her rival, Defence
      NYT  -  591 words
    • 172 4 AFP THE SOUTH ASIAN Association for Regional Cooperation (SAARC) runs the risk of failing because it is trying to do too much, SAARC officials say. The seven-nation regional organisation was set up less than a year ago, but there has already been
      AFP  -  172 words
    • 477 4 AP THE ANCIENT Chinese art of acupuncture is winning new converts in Africa, drawing patients away from practitioners of conventional Western or traditional African medicine. A front-line crusader for the 2,500-year-old healing technique is Or Kuang Yun Pei. The corridor outside his office in
      AP  -  477 words
    • 794 4 ARRIVALS Operator Swvk» numbor Local ifcn* From UJFT LH688 0005 FKA/DXB OA OA472 0015 SYD/MH UA UA805 0010 SFO/HKG SIA SQ11 0125 IAX/N1T SIA SQ4I6 0655 DAC/CCU MAS MH681 0820 KUl MAS MH8I1 0910 PEN MAS MH671 0920 KUl JAl JU718 0925 BKK SIA SQI03 0950 KUl
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  • Page 4 Advertisements
    • 97 4 The Drums Roll and A Special Ceremony takes place at 8.15 pm every Thursday... With a flaming torch and a carving knife, two knights march towards the Executive Chef who will then ceremonially carve a succulent roast, done to a turn on the one and only roasting spit in town.
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    • 9 4 Democrats —k ways to strsngthan trad* laws, Paga 5
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    • 63 4 I f I The business person's choice, every I I II \I I If II I Tuesdoy, Thursdoy. Saturday and I 1 VI I II I \l Sunday. Leaving Changi Airport at 1 jV J 11 22:05 hours and arriving at Heathrow at 06 45 hours the following morning. Call
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  • REST OF THE WORLD
    • 427 5 Reuter EGYPT'S new Prime Minister, Atef Sedki, has replaced most of the country's economic managers as he formed a new cabinet team to tackle the ailing economy. Key political posts including four deputy premiers in charge of defence, foreign affairs, planning and agriculture as well as
      Reuter  -  427 words
    • 323 5 UPI THE LEADERS of the Soviet Union and its nine closest communist allies have ended a twoday summit urging more cooperation in modernising their economies and declaring their support for the Kremlin's handling of East-West relations. The Tass news agency announced the
      UPI  -  323 words
    • 391 5 AP US SECRETARY of State George Shultz has claimed that western hemisphere nations were increasingly supportive of US policy in Central America. "Nobody has a good word to say about Nicaragua anymore," Mr Shultz told a news conference on Tuesday after addressing the opening meeting
      AP  -  391 words
    • 277 5 Reuter HOPES of cutting high air fares in Europe have dimmed with the failure of transport ministers to agree on measures to step up competition between the European Community's heavily protected airlines. Failure would be a major blow to Britain, which has
      Reuter  -  277 words
    • 127 5 AFP SOUTH AFRICA could cut its annual import bill by US$l.7 billion over 15 per cent by replacing imports with locally-made goods, according to a government report released on Tuesday. The report was issued at the launching in Pretoria of a "manufacture South
      AFP  -  127 words
    • 224 5 AP LED BY MEN in paramilitary uniforms, 1,000 Protestants paraded through the village of Kileel on Tuesday night in the first public show of strength by the new Ulster resistance organisation formed to oppose the Anglo-Irish agreement. Police and 200 soldiers stood by in
      AP  -  224 words
    • 568 5 Reuter OPPOSITION Democrats are wasting no time getting started on one of the top economic issues facing the US Congress next year legislation to strengthen American trade laws. A 12-member House of Representatives delegation left on Tuesday for Asia to discuss potential
      Reuter  -  568 words
    • 371 5 AP THE US Congress is likely to produce anti-Japanese legislation that could have far-reaching consequences if Japan continues unfair and illegal trade practices, according to US Commerce Undersecretary Bruce Smart. The US had given Japanese semi-conductor makers "a very short leash" to cut down sharply
      AP  -  371 words
  • Page 5 Advertisements
    • 204 5 mmmmfboinsu/a Pfaza^^m Office Shopping Complex The facilities of a city centre: yours as a tenant R As a tenant of Peninsula Plaza, you'll |™|~1 now enjoy special privileges and peninsula city 'business city' facilities. Peninsula Peninsula E City Hall MRT Station Special Privileges and Discount Rates The use of 6
      204 words
    • 75 5 U nt ten amjCjoodplaijs lately. A lr Shakespeare/ "Ihai e.Sn Waltei; hit I la/ft think of a title. i "By Jove, I have itMeasure for Measure.' c: -A&i r .»Vsr c, > S*t- -t' .JT Si! a .(>.*».. 2TWARSOLK V\\V.S „„tl tTTICI^ fV- -/(r i i $!£teoQy: V <v tcaCT
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  • Page 5 Miscellaneous
    • 64 5 Doonesbury BY GARRY TRUDEAU r* i B EST' NOT SO URL SHtS HO*rs FE6UNG TERRIBLY $HE> GUKJY THAT SHS HOLDING WASN7MHUCK UP? ATTHEVME. m a I i'f AND NOU SHEsS GOT TO GET THROUGH THIS MEMORJALSBMCe MTHALLOFDKJ& B/RP/NG BUDDBS. M* MRS. D? I JEREMY! BROUGHT YOU OOMEQUKXLY! A PEPPERMINT. I
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  • BANKING AND FINANCE
    • 508 6 MBT THE MALAYSIAN Treasury and Bank Negara have injected an estimated Ms 2 billion into the financial system in the past week in a move to lower deposit rates. Consequently, rates have tumbled. leaving the inter-bank market flush with funds. Bankers
      MBT  -  508 words
    • 132 6 FT THE PHILIPPINES asked its commercial bank creditors for a contingency standby loan at the abortive rescheduling talks which broke down in New York at the end of last week, senior bankers close to the talks said. The request was modelled on the recent
      FT  -  132 words
    • 208 6 MORE SINGAPORE companies are investing in West German capital markets, a visiting German banker and investment expert said yesterday. Mr Wolfgang Prinz zu Ysenburg told BT that these companies were medium-sized industrial and trading companies investing in German equities and bonds. Some of these
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    • Article, Illustration
      240 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels, after a day of dull trading. Short-dates were mostly steady at the outset and remained unchanged subsequently. Overnight, Thursday/Friday and week fixed closed at a common 6-1/8 6 per cent. Mutts ttw average tf Hit prim ln*| rates
      240 words
    • 932 6 SINGAPORE: The US dollar yesterday extended its earlier fall against most major currencies except sterling, in thin late trading on European selling. Dealers said that the dollar's initial weakness reflected some Asian selling on speculation that tomorrow's US October retail sales and producer price index will show weak
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    • 591 6 BA Futures AFTER OPENING slightly lower than the previous close at 96.16, the Dec Treasury-Bond yesterday traded narrowly between 96.17 to 96.13 in a thin market. With no new fresh factors until tomorrow's US economic data, there was little dealing interest. It finally closed at 96.13, down 9 ticks
      BA Futures  -  591 words
    • 114 6 THE OVERNIGHT rate on the Singapore interbank market closed at 3/4 per cent yesterday, unchanged from Tuesday. The one-month rate shed 2/16 point while the two-month and threemonth rates remained unchanged at 2 13/16. S$ Interbank rates at 7pm yesterday: Offer Hd Ow 3/4 1/3 1-aoM* 2 9/16
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    • 350 6 HONGKONG: Gold closed lower yesterday on late overseas selling, but trading was thin earlier after Tuesday s closure in most US markets for the Veteran's Day holiday, dealers said. Bullion settled at U*****.10/60 an ounce against an initial US$4OB.OO/50 and was below New York's final U*****.75/ U*****.25. A
      350 words
    • 179 6 Interbank rates at 3pm yesterday: CUMMMIII Noil—1 ralM MkNriM ■M 0C*r PM Nrtr ChMfB Local dollar* to on* unit of foreign currency: US dollar 2.1890 2.1900 2.8196 -22.36 SltrllnQ pound AuttraHan dollar 3.1488 3.1525 7.3469 -57.14 1.4086 1.4114 3.4286 -58.92 NZ doftor 1.1339 1.1366 3.4286 -66.93 Canadian doHar
      179 words
  • Page 6 Advertisements
    • 132 6 MONT BLANC I IH'WHH f msmm m MONTBLANC THE ART OF WRITING „MEISTERSTUCK" the pride of the MONTBLANC Collection is probably the most famous writing instrument of our times. Representing the best in design, it combines technical excellence and perfect styling from the piston-filling system to the 14-carat gold nib
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    • 56 6 Gypsy in my soul™ n 1 >«****** V- k V 1 V '<'<*■'£- i -k- ?>Ta*~T7Z ra ft*** ,f*t +e*f-4am E rm !Wi 90 T v lf** I mtifl 1 K 3 mm. t 3 *»v M E 7T-, tr. JLLmi la«i O INTERNATIONAL. SINGAPORE 581 Orchard Road, Singapore 0923.
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  • Page 7 Advertisements
    • 273 7 Canon Now Canon sets the standard for Xerography. For the first time since the invention of dry copying a Canon duplicator offers you more than any competitor in the world. And for a lot less. At 70 copies a minute this amazing new duplicator offers you complete 'hands-off' automation from
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  • FEATURES
    • 455 8 •"More causeways and bridges are needed be"tween neighbours and there is more to be •gained from mutual cooperation and understanding." This view was expressed by Tuan Haji Muhyiddin bin Haji Mohd Yassin during his .first official visit to Singapore since becoming ;Johor Mentri Besar. The sentiment is
      455 words
    • 1774 8  - Recession PR's best friend Organised lying, or a matter of saying the right thing at the right time? The public relations industry has long been in need of a good dose of effective PR. That has come with the recession. MONICA GWEE reports. MONICA GWEE THE PUBLIC RELATIONS business has
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  • Page 8 Advertisements
    • 97 8 FULTON i jMI your dream home is well within your reach. Superloan two loans in one. Loan one: up to 90% of your new home's current market value. Loan two: up to 10% to cover hidden costs like stamp duties, legal fees, renovations and new furniture. Don't settle for less.
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    • 77 8 Hfcrt \Choosefrvm Wf/ Kampachi's exquisite KAMPAOfff S€t LiiUChCS Japanese Restaurant jfa lofty prices and unfamiliar assortment of \apanes* cuisine are common deterrents to many a diner. At the Kampacfii, we are glad to offer you 6 different sets of lapanese lunches. Priced at only $16++ per set, they are easy
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  • Page 8 Miscellaneous
    • 652 8 CRYPTIC PUZZLE ACROSS 1 The sort of order for an upright fellow (6) 7 He's no new boy. the devil (3, 5) 8 Another name for Nash? (4) 10 Climbs notedly? (6) 11 Seems a very quiet listener (6) 14 Allow out of jail, etc (3) 16 Ducky features of
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  • SPORTS
    • 516 9  -  Retired superstar rules out return to competitive tennis By WALTON MORAIS BJORN BORG arrived in Singapore. said he was happy to be here, and that he had no intention of Qoing back. To competitive tennis, that is. The retired superstar, looking relaxed in tee
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    • 214 9 Reuter BUSINESSMAN Ken Richardson, the man who masterminded the Flockton Grey racehorse coup, received a 25-year ban from attending race meetings in Britain by the Jockey Club in London on Tuesday. In some of the toughest sentencing ever passed down by the
      Reuter  -  214 words
    • 66 9 Reuter ENGLISH-TRAINED Tommy Way, winner of this year's Italian Derby, will run in the Japan Cup on Nov 23, the Japan Horseracing Association said on Tuesday. After his Derby success, the Italian-owned colt won two weakly contested races in Italy and West Germany, but
      Reuter  -  66 words
    • 623 9 UPI SPANIARD Sergio Casal scrambled past Dutchman Michiel Schapers on Tuesday to set himself up for a probable secondround clash with John McEnroe at the U*****,000 Benson and Hedges Grand Prix tennis tournament in London. Casal saved three match points to push
      UPI  -  623 words
    • 547 9 Reuter NEW ZEALAND'S Ross Norman ended the remarkable 5-1/2 year unbeaten reign of Jahangir Khan when he beat the Pakistani top seed in France to win the world open squash title on Tuesday. Norman punched the air in triumph after he outplayed the defending champion 9-5
      Reuter  -  547 words
    • 409 9 Agencies. DENNIS CONNER, the man who lost the America's Cup to Australia three years ago, suffered the embarrassment of losing to Canada II in the second round of challenger elimination races yesterday. Conner's Stars and Stripes, given a scare by Italian backmarker Azzurra on Monday and
      Agencies.  -  409 words
    • 152 9 Reuter WORLD Boxing Council (WBC)v Ii g ht-hea vyweight champion Don- c nis Andries of Britain is all sat to defend his title against American Thomas Hearns early next year. Andries's manager Qreg to Steene said in London on Tuee- day no date or venue
      Reuter  -  152 words
  • Page 9 Advertisements
  • Page 9 Miscellaneous
    • 1184 9 ins (Mi) mm THURSDAY FEATURE SPECIAL Hanover Street 10.30pm, Channel 5 J I Two people are literally thrown together when Hanover Street, a bustling thoroughfare in 1943 London, blows apart. One is an American bomber-pilot (Harrison Ford, right), a typical flyboy whose disregard for his own life is the stuff
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    • 50 9 Blister Fmn&Dicfcas OJH6-N MC SHOUTS,HIS TUf&EJS SOmETTHiHG GOCS PuRPIC.... %*§££s& FOC>G£ iHtse. DRY& hUO Suiefsß stsai^ CornG,S OUT* OF HIS r~ FOR P* To BeHRvIE, th€. u>p>y He Does is CeRTpiNL-Y MoT NORmRL scptfey? i SHOULD SPiV ITS SCRRGy -TbTVeeDlTOf? OF'THG UANCeT* cßto*' -&ur IVSNIH4 ITMMKB CO kTO. I»M "»*S*
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  • INTERNATIONAL STOCKS
    • 522 10 FT THE BIG BANG in London has produced its first ma*jor scandal: Monday's resignation of Mr Geoffrey Collier, the joint head of Morgan Grenfell's securities subsidiary, for breaching house rules on personal dealing. The incident may confirm the cynics' predictions that the
      FT  -  522 words
    • 372 10 Reuter PRICES closed mixed in light trading on the New York Stock Exchange on Tuesday. The Dow Jones Industrial Average rose 3.66 points to 1,895.95, with declines leading advances 774 to 746. The New York Stock Exchange Composite Index rose marginally by 0.43
      Reuter  -  372 words
    • 136 10 NOV 11 Ct Imp ON O A Inco. Int Prov Pipa 47% 17% 36% Abtttbi ZTYt hi In* 46% rx Karr Addtaon 15% uneti Algoma 86 LoMaw Co 11% -y. 17 .34'/, 37% uncfi McMil Bk* 42% K Bank Ot Montreal Ml Canada Moison A Moor* Corp 22% 26%
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    • 218 10 MOV 11 RAND +<- Tru« «k- 145 Un SML «6 unch WooNru. 1475 16 MOUCTWALS MRPM06 A Alpha. 1300 unch Aborcom 770 unch Anglo».. 6660 -1» AMI 1S00 unch Ang«aal ***** Amaprop 425 unch Blyyoof 2200 -100 AlXZ!. 4000 -200 M*- -J®° Bartow. 2150 unch <****"£ 122« C G
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    • 552 10 NOV 11 MS 27 Vi 4- Nail Oat Cham 47% 4% 12% Navistar ...6 uncn Mean AJumin 30 V. unch 4-% NCR Corp 46% Alcoa 3S'/> Ford Motor 62% uncn AMag InO 16 V< 4- y. Norto* 04% Alliad Stg ...4254 4% 44 V« Alliad Storaa AMia-Chalmar* Am
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    • 589 10 Amsterdam NOV 11 ru ABN 565 00 3 Aagon 96 00 1 AhoW 108 90 0.2 Akzo 160 30 0 3 Alranta 150 10 -1.2 AMEV 76 40 0.3 96 40 04 Am Sud 124 SO -0.8 Barkal 32 50 BOLS 170 00 140 00 1 Boahrman Tatta
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    • 220 10 Reuter INTERNATIONAL Business Machines Corp and Hitachi have modified their software settlement of 1983 reached in the wake of spy charges against Hitachi, both companies said. A report in the Nihon Keizei Shimbum newspaper said the companies had reached a software cross-licensing agreement which
      Reuter  -  220 words
  • Page 10 Advertisements
    • 134 10 IfitMux to wise, itiae m<i entertain ms Tender, juicy beef, finely-minced and seasoned for that extra spicy punch. At $7.90* each. Available at the Cafe Vienna. Plus 10% service charge and 3X cess. Singapore nii: i in iwm si II i \i. Jlpfc, CANTON iHi iy, <}> |i| •-•Mr. 'lit-'t.ii\
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    • 123 10 It's the NEU FACES... Fresh from their European tour. The Nl IM AO S Veteran and versatile musicians Rcxk n Roll lop 10. Nevv Wave excellently performed tor grand entertainment Nightlv except Sundays At the Alcove lounge where the beer is cheapest among hotel lounges MAGICALLY HYATT I+l=l 1+ 1
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    • 191 10 TEOCHF W PORKTDGT BtfFFFT $5 SO -j. H PW S5 m irw hnmrtv HKhf (per person) You can enjoy savoury'homely denps such as bracsed pork 9 steamed stuffed bean curd 9 sambal bnrja* 9 fried salted fish t sauteed chicken with mushroom sauteed chat poh omelette fried black pomfret in
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    • 89 10 mSm Live Entertainment Daily From 5.00pm FURAMA SINGAPORE HOTEL 10 Eu Tong Sen street Singapore 0105 Tel: 533 3888 TIEN COURT For a whole new Sichuan experience! !> Tien Court presents a feast of spicy Sichuan dishes prepared exclusively for you through the exceptional skills of our famous Taiwanese chef
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    • 127 10 London lioctei on Pago 15 V. 4# r) 1Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to come for lunch or dinner
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  • ASIAN STOCKS
    • 345 11 HONGKONG: Share prices rose sharply yesterday in active trading on technical demand by local and foreign investors, brokers said. The Hang Seng Index jumped 32.46 points to 2,239.71 while the Hong Kong Index also shot up 21.65 to 1,420.80. Turnover rose to HK5650.39 million from Tuesday's $526.93 million. Brokers
      345 words
    • 157 11 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.98 to 183.16 on a turnover of 836,177 shares valued at 136.4 million baht. Taipei market waa closed yesterday for a national holiday MOV 19 B1MT +<■ Siam Cement 795 12 Siam Citizens SUSP Siam Citizens Asia Fibre 199
      Reuter  -  157 words
    • 395 11 TOKYO: Broad-based buying by individuals and institutions boosted the market average yesterday for the fifth straight session as recent gains and technical factors buoyed investor confidence. The market average climbed 147.33 to close at 17,447.89 and above 17,377, the half-way correction point between its Aug 20 peak of 18,978.49
      395 words
    • 85 11 NOV 12 1 •etos 1Marsteel Oriental B Phil Overseas 0.026 ...0 027 0001 •0 001 Acoje Mining Anglo Phil ."'.0.0014 unch Phile* B 036 0.U1 0 025 Picop B PLOT 277 50 2.5 Atlas Con B Baguio Gold ...25 0.006 -1 -0 001 San Miguel B 80 0.017 unch
      85 words
    • 426 11 SYDNEY: Australian share markets closed easier yesterday but off their lows as bargain hunting in industrial stocks in afternoon trading revived the market. But brokers said trading was flat with most operators staying on the sidelines before the release today of the October current account deficit figures. At the
      426 words
    • 109 11 NOV 12 1 WON ui Kangwon Ind izrj 960 1929 37 Kia Motor 1900 50 560 1940 20 1196 44 1426 4 1330 30 Lucky Ltd 1530 26 Daiahtn SacurtOaa 2706 800 100 Oriantal Brawary Oriantal Cham 1280 1880 uncti uneh Dong Suh Stock 1000 5 Pacific Chamieal 1180
      109 words
    • 134 11 AFP THE PHILIPPINES Monetary Board has approved applications from 11 foreign companies to convert loans to the Philippines to equity in local enterprises, the Central Bank announced. The 11 companies, which were not identified, are among 34 who have applied for a debt-to-equi-ty conversion programme
      AFP  -  134 words
    • 599 11 Reuter LISTINGS Of foreign companies on the Tokyo Stock Exchange have nearly doubled over the past year, in spite of exorbitant fees and little chance of any short-term monetary benefits, securities analysts said. The companies are willing to pay for the prestige
      Reuter  -  599 words
    • 222 11 Reuter CREDITORS of the Wah Kwong Shipping group have approved a plan to restructure the group's more than US$B5O million in debts before yesterday's deadline, a spokesman of Wah Kwong's financial adviser, Amex Asia Ltd. said. He said the debt restructuring agreement
      Reuter  -  222 words
    • 111 11 AFP BEIJING has given the gO-ahead for the setting up of a third Pepei Cola bottling plant in China, Pepeir co Inc announced in Hongkong op Tuesday. o The giant American soft drink, manufacturer will have its third 1 Chinese plant
      AFP  -  111 words
  • Page 11 Advertisements
    • 525 11 %i)/^ <SH' M m Where to wine, «iiu« aai eateriala g£ /7=S» T~X£f% We're blasting off tonight and every night at Para Wave Discotheque. Take off to the stars groove to the pulsating rhythms spun by our dynamic music makers. Businoaa Hour* A First Drink CKarg*: Washdays A Sundays; 9pm
      525 words
    • 161 11 2 TOP BANDS nightly Baybetls V MortPoput* < 7 show Band from > »HOT DISCO COUNTRY SENTIMENTAL POP ROCK and you name it!! v.. *fc, Singapore's very own Slim Whitman with country favourites and V/lUIU9. Hippy Hours: 12 noon 7pm Buy onm 4 gmt on* trm. Pramium Brandt ft bottta
      161 words

  • RAW MATERIALS
    • 280 12 Bernama MALAYSIA needs to change its strategy of producing natural rubber in its present form to that of a special type of rubber different from that found in other countries. According to Primary Industries Minister Datuk Dr Lim Keng Yaik, this will enable
      Bernama  -  280 words
    • 390 12 AP THE US petroleum industry should work with the government to establish a minimum price for oil that would ensure the industry's survival, the chairman of the American Petroleum Institute said on Tuesday. Mr George M Keller, who is also chairman of Chevron
      AP  -  390 words
    • 325 12 AFP A SECOND successive year of supply deficit is in store for platinum in 1986 but the gap compared with demand may be narrower than last year, according to traders Johnson Matthey's Platinum 1986 Interim Review. Rising market prices will have encouraged the
      AFP  -  325 words
    • 140 12 Bernama THE SMUGGLING of dry tobacco leaves in Malaysia's border areas, particularly Kelantan, is affecting the sales of locallygrown tobacco in the local market. The Primary Industries Minister, Dr Lim Keng Yaik, told Parliament on Tuesday that such activities, if not checked,
      Bernama  -  140 words
    • 79 12 OIL PRODUCTS NAPHTHA FOB-Singapore, LSWR (low sulphur waxy residue) and low pour gasoil firmed slightly yesterday. All other products remained stable. Closing prices for crude (fob origin) US$/barrel Chang* Dubai IDed 13.80 -»-0.15 WTI, West Texas Intermediate. (Dec) 15.50 +0.03 Closing prices for products (fob Singapore) US$/barrel Change Kerosene 19.35
      79 words
    • 201 12 MALAYSIAN crude palm oil prices were firmer at the close yesterday on short covering interest after Tuesday s easiness, supported by the rise in palm oil futures. Dealers said that the market was uncertain initially after a weaker overnight Chicago soyoil futures close. In the Nov position, south
      201 words
    • 65 12 Bangkok Broken Rice (US$/tonm. FOB) A-1 Super 128 A-l Special 125 White Rice C-1 Special unq 100% 1st doss i00% 2nd class 100% 3rd class 255 C-1 Ord unq 220 215 Loonzain Rice 100% 1st grade unq 5% 10% 205 200 100% 2nd grade 100% 3rd grade 215 unq
      65 words
    • 140 12 Chinese Produce Exchange SoMoci noon dodnQ prictt Nov 12 ($$/100 kg). on Coconut oil Bulk FOB 4500 Old drum FOB 58 00 New drum FOB 6200 Copra Mixed (loose) 38 buyers Pepper Muntok White FOB NIW *****0 Sarawak White FOB foq NIW *****0 Sarawak special block FOB NIW
      140 words
    • 187 12 SINGAPORE The market closed steady yesterday with Dec One RSS buyers quoted at 181.50 cents/kilo, unchanged from Tuesday. Trading on the TSR-20 market was quiet all day, but prices fluctuated narrowly without any clear trend before ending steady at around overnight levels. December and January TSR-20 both closed unchanged
      187 words
    • 85 12 THE PRICE OF TIN on the Kuala Lumpur Tin Market recovered 10 cents to M 515.55 per kilo yesterday in a technical correction after a five-day decline. Dealers said the rise was attributed to strong renewed buying by Japanese and European interests, with local support remaining small. Turnover
      85 words
    • 192 12 WHEAT FUTURES on the Chicago Board of Trade closed on or near the lows on Tuesday, down 5-1/4 US cents to 1/4 cent per bushel in moderately light trade. December settled at U552.77-1/2. The drop in December penetrated the technical support around the US$2.B2 level. A larger-than-expected increase in
      192 words
    • 907 12 COFFEE Robusta futures continued to drift lower during a shortened afternoon session on Tuesday, ending near the day's lows with losses of £100 to £45 a tonne. Dealers said that market sentiment was dampened by overnight news the Brazilian IBC was offering 15 to 20 cent discounts on
      907 words
    • 284 12 RAS prices in s e*n»Ag. k>® in tx>i« NOON CLOSE Iwywi S*ll*rs ftuy*r* C-M Int 1 RSS Prompt ***** 183.00N 181 50 182. SON Int 1 RSS Dec 86 182.00 ***** 181.50 182.00 Int 1 RSS Jon 87 181.50 182.00 181.00 181 JO Int 2 RSS OP
      284 words
    • 91 12 lc»nti/kg. 1-ton pc iHtlsl DEC 86 JAN 87 (currant month) (for* rord month NOON NOON RAS 1uyr > Saftan ftvyvr l Siltn SSI 20 ***** I72.00N ***** I7300N SSI so 167.00 169 00N 168.00 I70.00N MRELB ky*n Srftao Kyr t S»hn SMI cv 394 00 2B6 00N
      91 words
    • 80 12 SOYBEAN FUTURES on the Chicago Board of Trade closed mostly lower on Tuesday, ranging from up 2-1/2 US cents per bushel in spot to down 3-1/2 cents in July. January finished just above the key technical support at U554.99, settling at US$5.OO after being held to a narrow four-cent
      80 words
  • Page 12 Advertisements
    • 304 12 IF YOU WANT TO GET AHEAD, START BY KEEPING UP. It's easy to spot the people on the move in business. They're already reacting to the latest developments before others are even aware of them. They read The Asian Wall Street Journal. All the business news you need. Every business
      304 words

  • SHARE INFORMATION
    • 4111 13 STRONG BUYING intersst yesterday ended the Singapore stock market's sixsession correction. Most share prices surged ahead in fairly active trading and both the major market indicators posted double-digit gains. The Straits Times Industrial Index roee 17.43 points to 896.71 and the BT Composite Index
      4,111 words
    • 252 13 SINGAPORE irtirss Rise* IT Caapadte No* 1 1 N»r 12 77X69 792.10 NSOf 190 37 IT tiitnitin *****512 *****402 Sparc lan t MO 30 BTOt/OS ■207 -ItS T H S 320 22 •t cadi ■6604 -6509 j C— 141 22 •TO«V *****6 +*****1 o c c 900
      252 words
    • 3596 13 810 and oltar prioaa officially listed and bmlnaaa In and reported to tha Stock Exchanga of Singapore yaaterday with tha numbar o( sharaa tradad shown In brackata In lots of 1,000 units untaas otharwtaa apaclfted. All Tlma SaWamant Contracts ara quoted after tha word "SETT'
      3,596 words
    • 225 13 MCB HOLDINGS Bertiad: 12th AGM at 18th Floor (Unit A) Resource House, 10 Jalan Raja Laut, ***** Kuala Lumpur, Malaysia today at 11am. MALAYAN BANKING Berhad: 26th AGM at Menara Maybank, 100, Jalan Tun Perak, ***** Kuala Lumpur on Saturday, Nov 15, at noon. TASEK CEMENT Berhad: 25th
      225 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 580 14 Focus on Malaysian DTCs MBT BANKERS are hesitant about taking over the assets and liabilities of the deposit-taking cooperatives (DTCs). despite the fact that they may only need to pay a price around the net asset value of the DTCs. Many of the bankers
      MBT  -  580 words
    • 186 14 Reuter TIAN AN Development Co Ltd, a Hongkong-China joint venture involved in China investment, is seeking to float the shares of its wholly owned subsidiary, Tian An China Investments Co Ltd, according to a company spokesman. The spokesman said that Tian An authorised
      Reuter  -  186 words
    • 2190 14 810 and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS Aono (1806) AJnomolo (3025) Aieom 1648) (3) 63.5 0)
      2,190 words
    • 111 14 HONGKONG Ail Industrials ***** ***** Hongkong Index Wednesday Tuesday Wednesday 1420JO Week ago ***** Tuesday 1399.14 Week ago *****6 NEW YORK Hang Seng Index Dow Jones Wednesday 2239 71 Tuesday Monday *****5 Tuesday 2207 25 1892.29 Week ogo 2203 71 Week ogo 1892.44 TOKYO Standard Poors Nikkei Averoge
      111 words
    • 235 14 Managers' price* for Nov 13 Singapore Unit Trust The CooMrc* 091 098 The Sovings Fund 0X3 089 S'pon frog fund 035 039 S'por* Sec Fund 0 60 065 S'pore Invest Fund 070 0 76 S'pore Equity Fund 04S 049 Asia Unit Trust Mai Invest Fund 1 2* MoI
      235 words
    • 464 14 Reuter THE CHEUNG KONG group of companies headed by property tycoon Li Ka-ehing it likely to make a major overseas acquisition in the energy field following recent moves to raise its cash on hand to nearly HK$6 billion. Stock analysts said Cheung Kong Holdings
      Reuter  -  464 words
    • 427 14 MBT ROXY ELECTRIC Industries, which is buying 130 hectares of land in Ipoh from AMZ Corp, has entered into a separate agreement with the latter to continue development of a housing project on the land in the event that the acquisition is not completed.
      MBT  -  427 words
    • 431 14 SENTIMENT took a distinct change for the better on the Kuala Lumpur stock market yesterday and share prices rebounded to higher levels. Buyers who had been sidelined came charging back. The market had already showed some signs of a comeback on Tuesday after five days
      431 words
    • 833 15 mm* mm™ By HOCK LOCK SIEW WHAT NEXT was the first question pundits asked when they learnt that a big chunk of shares in Cold Storage (Malaysia) (CSM) meant for bumiputras has now landed with another party this time Aokam Tin. That stake
      By HOCK LOCK SIEW  -  833 words
    • 108 15 DAH YUNG Investment has appointed Mr Low Yew Loon as an additional director of the board. HONG LEONG Finance has received shareholders' approval for the sale of a leasehold property known as Provisional Government Resurvey Lot 350FS and Lot 354 of Mukim XIV. The last date for splitting
      108 words
    • 132 15 DBS FINANCE has boosted its 90 per cent shareholding in Great Pacific Finance to 95 per cent with the purchase of an additional two million shares at 60 cents each. These shares belong to Mr Seah Soon Hung, a director of
      132 words
    • 959 15 EQUITIES yesterday opened mixed but with a firmer bias in relatively quiet morning trading after a similar performance on Wall Street overnight, dealers said. Shares moved ahead despite weaker sterling but buying was light and selective, they added. The pound was five basis points lower in trade weighted
      959 words
    • 479 15  -  By NAJEEB JARHOM IN A HOUSE CLEANING exercise, Malaysian-based conglomerate Sime Darby has taken over the loss-incurring hospital operations from its property arm United Estate Projects Bhd (UEP). Sime is paying only M 52.27 million to acquire the entire M 520.62 million paid-up
      479 words
    • 347 15 YEO HIAP SENG Enterprises (YHSE), the Hongkong subsidiary of Yeo Hiap Seng Ltd (YHSL), was suspended from trading yesterday on the Hongkong Stock Exchange, at the company's request. No reason was given for the suspension, fuelling rumours that have been circulating in the
      347 words
    • 682 15 NESTLE MALAYSIA (Nesmal) is aiming for a listing on the Kuala Lumpur Stock Exchange (KLSE) in 1988 instead of next year as expected earlier. By then it hopes to complete the restructure of its operations in Malaysia. The restructuring exercise, first announced
      682 words
  • Page 14 Advertisements
    • 432 14 THE TAIYO KOBE BANK, LTD. Non-Consolidated Balance Sheets March 31, 1986 and 1985 Millions of yen Board of Directors Statutory Auditors Chairman: Tadao Shiotani President: Teruyuki Okumura Deputy Presidents: Kiyoshi Yanaki; Junzo Yoneda Senior Managing Directors: Kazuo Yamaguchi; Toshio Takami; Shoichi Misaki; Tadao Nakamura. Managing Directors: Takao Hamamoto; Shunsaku Hashimoto;
      432 words
    • 6 14 On target, Chart Point every Monday
      6 words
    • 84 14 J4 SBL I Incorporated with tainted Katxtrry in Singapore) 5 Shenton Way 133-01, 02 05 UIC Building Singapore 0106 US$lO,OOO,OOO Negotiable U.S. Dollar Floating Rate Certificates of Deposit due 13th November 1987 Guaranteed by The Korea Development Bank In accordance with the provisions of the Certificates, notice is hereby given
      84 words

  • Page 15 Advertisements
    • 108 15 COMISION FEDERAL ELECTRICIDAD (CFE) US$lOO,OOO,OOO FLOATING RATE NOTES DUE 1988 In accordance with the provision of the Notes, notice is hereby given that for the six-month interest period from 13th November 1986, to 13th May 1987, the Notes will carry an interest rate of 6%% per annum and the coupon
      108 words
    • 218 15 orchardOhoth, 442 Orchwd Road Sinpporc 0923 Td: 7 >***** AMPLE PARKING SPACE (8693S caiimc*iH -icytf y SISFOR4 Blooms Continental Restaurant introduces a Set Lunch Promotion that s sheer value-for-money. For just $15 per person, we serve a full four-course meal with a choice of main course from a selection of
      218 words

  • 517 16 THE FLOW of investment into Singapore has already responded to the cost-cutting programme, and nearly $1.2 billion was committed in the first 10 months more then for the whole of 1985, Mr Goh Chok Tong said yesterdsy. But this was still
    517 words
  • 183 16 THOMSON SA, a French group of companies, is sxpanding its operations by inveeting another $50 million in Singapore, First Deputy Prime Minister Goh Chok Tong said yesterday. The additional inveetment is to be made by two of its subeidiaries Thomson-CSF Semiconductor (S) Pte
    183 words
  • 265 16 Reuter ETHNIC STRIFE slowed economic growth, pushed up inflation and left many Sri Lankans jobless this year, Finance and Planning Minister Ronnie de Mel said yesterday. Mr de Mel told Parliament during a gloomy Budget speech that only the economic policies adopted
    Reuter  -  265 words
  • 618 16  -  Indonesia's export ban and levy put industry in a bind By ANNA TEO RATTAN MERCHANTS have asked the government to help them map out the future of the industry following an export ban by Indonesia, their biggest supplier, last month. What has proven even more
    618 words
  • 257 16 AFP SEVERAL Arab oil producers, including Kuwait and the United Arab Emirates, are reportedly prepared to back Saudi Arabia's campaign to boost prices by cutting output, according to oil analysts in New York. But they said that such an accord, which could
    AFP  -  257 words
  • 116 16 Reuter CHAIRMAN of the US Council of Economic Advisers Beryl Sprinkel sees the US fiscal 1987 budget deficit shrinking to US$l6O billion to US$l7O billion after fiscal 1966's US$22l billion. He told a conference organised by the Chicago Monetary Exchange in London yesterday that President
    Reuter  -  116 words
  • 132 16 AFP CHINA said yesterday that it sought a dialogue with new political parties in Taiwan, but strongly criticised the Nationalistruled island's independence movement. "The movement for the independence of Taiwan must be opposed," National People's Congress chairman Peng Zhen told 10,000 people at a
    AFP  -  132 words
  • 400 16 Reuter THE BRITISH government yesterday pledged to sell off more state-owned industries and cut taxes while reaffirming its main foreign policy goals in its programme for next year. In a ceremony full of pomp and pageantry in London, Queen Elizabeth announced the
    Reuter  -  400 words
  • 95 16 Reuter COMEX gold futures drifted lower early yesterday, with downside pressure from a weak platinum market deflecting support derived from the dollar's continued slippage. In slow trading, gold for delivery in December was off US$O.6O at U*****.70 an ounce after being driven back from a high
    Reuter  -  95 words
  • 61 16 Reuter WALL STREET stocks, taking a cue from the bond market, yesterday fell in early active trading as bond prices sesed from their eerly highs. Treders said there was some concern about a rise in oil prices, pressuring bonds, but oH stocks failed to capitalise on that
    Reuter  -  61 words
  • 363 16 Reuter PHILIPPINE Presidsnt Corszon Aquino said yesterday thst she was especially interested in Japanese high technology investmsnt to help overcome the Philippinee' economic woes. Mrs Aquino, accompanied by Finance Minister Jaime Ongpin, Central Bank Governor Jose Fernandez and nine other officials, made the request at
    Reuter  -  363 words
  • 66 16 Reuter BANK OF AMERICA will close its branch office in Colombo on December 31. It will discontinue full banking services before the closure and is processing outstanding loans and helping clients move their accounts to other banks. "The decision of the bank to close its operations
    Reuter  -  66 words
  • LATE FILE
    • 40 16 AFP THE European Economic Community (EC) hat concluded negotiations to limit textile imports from 26 countries over the next five years, a spokesman for the EC executive commiasion has announced in Brussels. AFP
      AFP  -  40 words
    • 38 16 Reuter KUWAIT'S finance minister Jassim sl-Khorsfi flew to Beijing yeeterday on a six-day visit expected to booet economic ties between the small, wealthy Qulf state and the world's moat populous, and relatively poor, country.
      Reuter  -  38 words
    • 57 16 Bernama A SABAH state government mission to Thailand has identified deep-eea fishing and downstream proceeaing of wood products for export as major areas for joint venture co-operation with Thailand. Other areas which will be followed up include the vegetable, fruit and fruit juice canning industry and proceesing
      Bernama  -  57 words
    • 57 16 Reuter AUSTRALIA'* ruling Labour Party is bacoming mora popular with voters, according to an opinion poll publiahad by tha Morgan Qalli*) organisation. Tha poll showad Labour has a 44 par cant popularity rating against 41 par cant last month snd s paak of 49.5 par cant
      Reuter  -  57 words
    • 38 16 Reuter THE SECOND .national congrass of ths ruling Psthat Lao Party sines ths 1975 communist takaovar in Laos will opan in Viantiana today, tha stata radio said in a broadcast monKorsd in Thailand. Rautar
      Reuter  -  38 words
    • 27 16 Reuter AN UNDERGROUND Chriatian group In Bairut has daimad rasponsibiiity for a bomb axploaion at a synagogue in Antwarp on Tuaaday. Rautar
      Reuter  -  27 words
    • 60 16 AP PAKISTANI President Mohammad Zia ul-Heq said yesterday that India was massing troops on the border with his country. "We hope there will not be any war between the two countries. But I am not saying this apologetically. Pakistan will detend its borders and every
      AP  -  60 words
    • 53 16 Reuter COMMUNAL rioting flared in Karachi yeeterday immediately after authorities lifted s curfew. At leest five people were injured, police said. Pathans from the north-west frontier province stoned Mohejir immigrants leaving for work in the city's Orangi suburb yesterday morning. Police said 14 people
      Reuter  -  53 words
  • Page 16 Advertisements
    • 48 16 r here's only oneway to discover how one of Singapore's SO best restaurants scored EXCELLENT for its Kxkl, wine and ser\ ice, hut only moderate for its prices. Experience the pleasure for yourself! RESTAURANT Basement of Tuan Sing towers 30 Robinson Road Singapore 0104 Tel *****33 v.**"- s>
      48 words
    • 0 16 -<<_[<+~_[/<;)"%.<&+<('-_(@)/=^
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    • 134 16 Let's get you the Best Deal 7 /> I v Eiw -■4fi I V I Urn in« !JWfl n»\ I w I 4«»5 fc a in I" Vf 1 Hundreds of listings available All locations and range of rentals Our strong market presence will benefit tenants in securing the best
      134 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 278 17 Reuter FOUR OF JAPAN'S six major ocean-going shipping companies are expected to incur net losses in the year ending March 31 next year, due to a tonnage surplus and slow world economic growth, according to shipping industry sources. They said only
      Reuter  -  278 words
    • 436 17  -  By JUNE LIM A SPECIAL owners meeting was convened in Tokyo on Tuesday to discuss the withdrawal of Hanjin Container Lines from the Asia North America Rate Agreement (Anera). The South Korean line handed in its quit notice on Nov 5 and this would
      436 words
    • 260 17 THREE HUNDRED school children escaped from a burning cruise ship in the Sea of Japan in the latest Soviet maritime accident. The official Tass news agency said two crewmen of the passenger ship Turkmenia were killed in the blaze. The fire started in
      260 words
    • 263 17  -  By Kingsley Wood THE MASTER of the Greek-flag 13,179-tonne carrier Akademos has formally "arrested" his vessel because of wages owing to protect his crew from being charged with mutiny by its Indonesian charterer Gesuri Lloyd. The ship, with a crew of 17
      263 words
    • PORTSIDES
      • 126 17 AFP THE WILHELMSEN SHIPPING LINE of Norway is close to sealing a contract worth NKr3.5 billion (US$5OO million) to ship oil to Brazil and ore to Japan, using two huge new combined oil/ore carriers, according to a company spokesman. The line is about to take delivery
        AFP  -  126 words
    • 1360 18 ACTIVITY on the main grain routM from the US Gulf to Europe and Japan appears to have subsided but the unchanged level of U5512.50 is reported to have been paid from the Gulf to Japan, shipbrokers said. Grain from the Gulf to Denmark received $13.50 and shippers paid
      1,360 words
    • 1476 18 Lloyd's Shipping Economist THE RECENT SALES DRIVE by the two leading open registries has underlined how intense the competition for re-registered tonnage has become, taking Panama and Liberia to the verge of a price war. Both are Third World countries with
      Lloyd's Shipping Economist  -  1,476 words
    • 702 18 AB Shpg V 5 Accord Shpg VI 3 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 ASCI III 1 Balt-Canoda line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5 Ben line Cont V
      702 words
    • 175 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 Ljne Australia/Straits Container Line
      175 words
    • 603 19  -  -By Kingsley Wood THE AUSTRALIAN MARITIME Industry Development Committee (MIDC) has sent to Transport Minister Peter Morris a blueprint for the country's ship of the future. It is a bulk carrier engaged in the international trades with a crew of 21 integrated ratings able
      603 words
    • 495 19 AP THE UNITED NATIONS General Assembly has voted 136-5 to monitor oil trade with South Africa in hopes of increasing compliance with a long-standing voluntary oil embargo. Israel has accused Arab petroleum producers of supplying South Africa with most
      AP  -  495 words
    • 200 19 UPI THE IRANIAN NAVY has released three cargo vessels intercepted in the Strait of Hormuz last week on suspicion of carrying war-related goods destined for Iraq. The official Iranian News Agency oh Tuesday quoted navy commander Captain Hossein Malekzadegan as saying that
      UPI  -  200 words
    • 263 19 Australia Nov 3 Sydney Normal operation. Melbourne Normal operation. Brisbane Normal operation. Bangladesh Nov 3 Chalna 10 vessels operating; Chittagong 25 vessels operating. Cameroon Nov 3 Douala Normal operation. Morocco Nov 3 Casablanca Normal operation. Chile Nov 3 Valparaiso Normal operation; Taicahuano Normal operation. Colombia Nov 3 Buenaventura
      263 words
    • 178 19 UPI US FEDERAL OFFICIALS, acting quickly in the aftermath of an -alleged assault on a lone woman aboard a Korean fiahing boat, created new codes and security measures to protect the 500 Americans who serve as observers aboard foreign fishing vessels. About
      UPI  -  178 words
    • 6488 24 aaaaagms 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
      6,488 words
    • 738 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule 1 Location Cecille Ms 8617 13.11.86 1800 Moersk F2 0900-1000 B2 luohe 30W 13.11.86 2300 Y Fung F5A 1400-1500 B8 Gold Hillo 54W 13.11.86 2358 Star Shpg F7
      738 words
    • 1726 25 Who acts for whom The leading shipping lines operating from local ports and their agents A B A Top Enterprises Pte Ltd Same (S). AB Shipping Boustead Shpg Agencies. Afea Lin* African Shpg Agencies (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd
      1,726 words
    • 126 26 TMb wMkly report it pftpwtd by Veritas Petroleum Services, London. The information, minimum and maximum levele, to beeed on NmMed —mptos from motor vmili anelyeed in its laboratories Mora comprohonehro fuel quality information to posted to pertidpents in the Veritas fuel quality testing pro- Area/Port Viscosity
      126 words
    • 550 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Borber Hector K9 Barber alongside 13.11/1200 Bintong Serio K24W SSPt alongside 13.11/0600 JohnevereM K2I Everett alongside 1311/2300 Koto Berkot K3I Pll alongside 1311/1500 Koto Rotno K30 Pit alongude 1311/2100 Ocean Credit K19 Y Fung alongside 13.11/1200 Pokarti
      550 words
  • Page 17 Advertisements
    • 447 17 i.I? 11l M I s v i>' ;t M I'll ill,II 181 WW OfQEMTOvBQEAS Cmteim* Line NORTH AMERICA ATI ANTIC EXPRESS (ROUND THE WORID ROUTING) mm vmrmt agekh (l* Hi M2M4/ on) 700 Cantonment *oa* #12-05 Soathpomt Swfaport 0701 TK *****11 TELEX NO RS ***** TEHMAL/CFS Td *****11 220 800KMCS
      447 words
    • 70 17 LIBERIA'S open registry is fadng herd times. It has been forced by keen competition to introduce lower registration fees and a range of discounts. P«g« II THE AUSTRALIAN Maritime Industry Development Committee has sent to Transport Minister Peter Morris a blueprint for the country's ship of the future. Pag« 111
      70 words
    • 500 17 Oft/ THE HEART OF THE ]iLmJ MAERSK LINE m/ KEEP YOUR APPLES FRESH ™omato: FASTEST TRANSIT pom* DAYS KELAM6 22 DATS M 23 DAYS P.nang Vmwl Voy Spore EXPORT TO USA. EUROPE. MIOOLE EAST. 'Saptwt Ohm laaaa •Or 11/11 7*4 MB CfS 11/11 1M MB iMIWIK KI7 vu SSI? »;o:
      500 words

  • Page 18 Advertisements
    • 440 18 PETER-TRANS r AGENCIES PTE LTD DOOR TO DOOR SERVICE YOU CAN RELY ON ESPECIALLY ON CHINA Our business scope: FCL/FCL. LCL. CY/CY Conventional Airfreight and Courier Services.lnland Transportation Warehousing Custom Clearance Documentation Agent 705 Sims Drive #01-01, Shun U Industrial Complex Singapore 1438. Tel: *****66 (2 Lines) *****39 Tetex: RS
      440 words
    • 357 18 EUROPE/FAN EAST CONVENTIONAL SERVICE TEL* 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM Fit Booking contact Miss Gan VSL FMtWT EVKSS EOT N TDJMON VDSM HOOD N wane an PT. ot LOG. PT. KLANQ taPsrt 14/11 IS/11 M/ll 1/12 2/12 Further toad/ discharging ports an route subject to sufficient inducement. Smppore
      357 words

  • Page 19 Advertisements
    • 756 19 The Straits Steamship Group j STRAITS SHIPPING Slnjipflti to Sabah, Sinwak, Bnmii Ports and Bangkok QICHLk. Ovaraaaa Containars Limitad CONTAKRSHP SERVICE TO UK/COWTICtT: tjm ram 15/U 21/11 a/11 a/11 M/U W/12 12/12 M/ 12 19/12 21/12 21/12 21/12 M/l M/l 11/1 13/1 M/l 21/1 StM *ta| 11/12 12/12 17/12 M/
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    • 560 19 Franco Belgian Services (MFMBER OF ACE CONSORKUM, •EZE f|m *&K iiw 7|n f BCITO 21 Oct 2S Oct 21 Od 2S Oct H Oct (21 j|w) S*sS dZ JE JZ £S awm» it ft"" »B SIkKMN like 1< tec 17 to »to tat aOk IMOTMI MM 4£ «to ta 11
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  • Page 20 Advertisements
    • 353 20 100 Years Liner Shipping Far East 1886-1986 TO CONTINENT. UK EXPORTS EUROPE MED TO EROM N CONTINENT &UK IMPORTS irwt BlwaUa LrfkmrtM IH S'pwe '12/UU/ll 111/11 21/1123/11 I 21/11 N It I [tpna SU M Sd SU 29/11 1/12 4/12 9mm SM 11/11 14/11 IVU tt/11 1/12 1/12 11/12 Mm*
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    • 676 20 i, i fit ewwr FULLY CONT AINERIS ED SERVICE [TOE UROPt VIA Slit. 01 lhf Ace Co so tlu Spare PJMmc l«H«w Filmn lfta»i »*—9 KOREAN lACEM 12/11 (10/11) 1/12 2/12 3/12 8/12 9/12 NEPTtM Ctmt 37* 19/11 (17/11) 1/12 9/12 10/12 13/12 16/12 KOREAN CHANCE 2911 26/U (24/11) 15/12
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    • 411 20 Hai Sun Hup Co (Ptr) l td TEL *****06 (20 Lines) TLX RS A RS ***** t\l \S I 1 K\ \K I l\l K. III). STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HFAVY LIFTS J SOU MEBH SKI NAGOTA SOU KOCH Load** at appropriated Berth P4-P5 NOTE: ALSO CAUJNG
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    • 814 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) do atw no utti f« awo ESI CUMIT mi GOLDEN not LAUKEI no uno also uxtrrnn 1) I—lL ssr w w u a/11 23/U »/U 27 /II a/11 2/12 4/12 4/U J/12 7/12 t/12 11/12 11/12 14/12 IC/12 11/12 17/12 21/12 23/12
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  • Page 21 Advertisements
    • 735 21 PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street 03-00 Singapore 0 106 Tel *****33 FAR EAST CONTAINER SERVICE SIN JKT MY SIN via a/is 7/is i®/i2 13/12 WIS wa 14/11 a/11 M/tt ST/11 •TCM TJUCHUNQ *MUK HKQ KAO *TCN KKE MM *MUR *MTC VOK KOO KM 15/12 M/1S It/12 It/12
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    • 671 21 BENLINE CONTAINERS TO UK/CONTMENT STOBE PKLMC STON HUH BIMKN MM HAWK Jaßa< 11/11 I 2/11 VU 1/12 11/12 12/12 14/12 14/12 19/U 17/12 11/12 21/12 21/12 22/12 Vl2 9/U 24/12 29/12 27/12 4/12 12/12 19/12 29/12 4/1 U/l U/1 R KIMS STGBE 11/11 14/11 21/11 21/11 21/11 1/12 (/12 1/12
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    • 357 21 DJASAGETRI A Joint Europt Sorvto* Of: P.T. DJAKARTA LLIYI P.T. fiESUIi LLOYD P.T. SAMUOERA IMMESU P.T. THKOM EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE •M ymmm mrm rrm X il m. DJAKARTA LLOYD INDONESIAN NATIONAL LINF Y I£3 L* Vv iLk EKA JAY A ACFNCILS SISAL PTE LTD DJAKARTA LLOYD
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    • 374 21 BOUSTEAD SHIPPING AGENCIES mm n«i MMRMLAY Vl4 HfocYw mm n-mnm V* BURMA FIVE STAR LoMfinf tar Rangoon S'part 14/11 Mm 15/11 Nm 15/11 Mn 11/21 Rat BANK LINE WMIfOMW) TO UKC STORE FOiTHBMK *179 14/11 TOMM NUGM V 2 19/12 TAUMLA SAMOA VI 6/12 MORAYBAM V2R 25/12 DMI Mil HMK
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  • Page 22 Advertisements
    • 1293 22 ECUADOR/PERU/CHILE Fosa n motmb *a FHOD fM. MBS *27 \*:>"K"line KAWASAKI KISEN KAISHA, LTD.— fW SfOBI UK OMTkQUL CALM NltC* IQUQtf ftFftttSU UMMMMUMBM BU *2123 FIOKAM 12 Mm 13 Mm 14 Mm If Mm lOk 2 tea CENTRAL AMERICA/CARIBBEAN SEA ftqa *a FM. MS *27 NOTia V& I *s Mono
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    • 622 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Refer* liw Vessel S port MHb Frtn Sr* Also Accepts KABWMS *31 19 Not 6Ok 14 Dec 17 0k Adelßris CMABM *30 21 No» RAMOAS V? 6 110k Ok <l» ?Un Adet/Bns ESTECLPWR *9 UDk CHAMWAS *23 2 tan 17 ton 26
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    • 615 22 GOLDEN LINE GUAM CUM) SMPPfK (PIE) LID aiutmnJrta uuw <u uoi STRAITS/PERSIAN GULF SERVICE: MUKH MKR CotM*»/K«iack>/B*rM fiOUKN MOMXR Kwacta tMo/Bahran Kinnit DM TUN SHM futon AILU ii 3 TW| tmmt Ipn bncM NmUi Bmbhi Ml CM cms 21/11 a/11 27/11 1/12 1/12 U/12 12/12 MK 008 4/12 VI2 IVI2
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    • 387 22 f INTRASEA (PTE) LTD 10 flnsmi Road f2 7 16 Internationa P'a/a Sinqspo'P 0207 Tel 2 ***** 1 l ne« <► BREAKBULK SERVICE TO EUROPE/UK S'pm P M QUEEN MK923 14/11 SjM ROT/im/KLFAST/W (AVON) PHI I 1 IRON SHIPPING AGENCIES PII I W PHILIORIENI LINES PTE I ID I hi
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  • Page 23 Advertisements
    • 667 23 NOL r NEPTUNE ORIENT LINES LTD NEPTUNE AGENCKS PTE. LTD. Ft Ql/MBI TPA/SEA TmM err BOOKMES 271*77 *****53 27*5742 *****22 *****53 *****42 (MMKCTLMB 27MU9 27M116 27*111 NEPUPC SOU. BHD 360MH/*****45/*****53/*****26 NEPUNE SON. BHD. *****71/*****34/*****)5 NEPIM SON. BHD. *****9/62M35/6276M/*****1/*****2 TO EUROPE/UK (VIA SUEZ): ("Tii atnim 37ii+ (17/11 I CHMKt 29* (24/11
      667 words
    • 337 23 Hi. t Omn/tOW I taw/IM Hi TOmmm/HM Ml Dmn/tMN TM m m DMOT/tION Hi i »■■■»,> w 7 dmm/(IM IM/CII lb DMM/tIM *> IliNl'. NIPUNI *(J*< r I lID ''K"H< .V KVI v 4 .'.V.M .V 1 .iI.V i t >4* .VOVH4 ilt inwul IMI "'.M.M'i CIS) M< «t\H «l,|N'
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    • 599 23 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SMSOV BUUNN6 55, Market Street Singapore 0104 Tel; *****33 (15 Ums) Ti Cable Address SMSOV SMGAPORE TeJei Numbers RS ***** RS ***** RS ***** P tfLANG M/S SNAMKAT MAN SOON SO* MO. IST ANO 2ND FLOOR. NO 1. JALAN C£MP£MNG. PORT KIANG. MALAYSIA
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  • Page 24 Advertisements
    • 376 24 ifflffi REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) KSSL Thu/Fri In Pt Sun/Mm Sat/Sun IS-14/11 Tw/IM 16-17/11 11-19/11 |Fri/Sat 19-20/11 ISat/Sut Sat/Sw 22 23/11 ITIT7?TI 23EHEESE ■BE2E Jbeze Bira.. w TfTim FTT?Tii.r y ii~iFT7777Tl \VJi llfV"!W'Jilll,%"BV.f Jill BmiL?yiJika^niggmiEon I I TlfTlk' '<nmi r>r Bm ptt'ji KUi 11 trTi.."!
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  • Page 24 Miscellaneous
    • 171 24 fi Regional Weather ft St' r tV fA «gB^s»* r.i SIGNIFICANT WEATHER AND SEA CONDmONS AT 7.30 A.M. THIS MORNING. C yA cT w Wmd direction with speed m knots Wove height LEGEND: R Th Temperature c fm Weather Wmd direction with speed in knots Ron Wave height Cloudy Sky
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  • Page 25 Advertisements
    • 106 25 mil ifOSHT srog *****85/*****56/*****41/*****93 *****11/4 TBMUL 36M351/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22tt6t/22U65/222U5 *****22 FAR EAST/EUROPE CONTAINER SERVICE 11 irTngynirTr—'—rrnii;iiTTTßHT»rri; "■mpmrn ii J —rnrrMmiirrrn 11 if^rTTnmrTWTTT-'-'^TTTIBI^MIMfrTTTTFaCiITTTIymMriTI ii 'i/'"-METlE3iCjT^^^BgTTiEwrTT»nfT»rnnc^JMgirciH3BCll 11 :'ii'''<iniinTl r, Fn^BITTIt'»MITMnMiIMrTT w M[TTTIinTMrTTI II ,r -»E"TT|[TT3[~JJ^miTTTTWTTTrf ii ,>•.^FiintirrrTTiTiinTTTMnwHTZMgEiEiMraTi ALSO ACCEPTRK FORAMTWERP, L. HMtVE, UK. MEIO, COPENMGEN. OSLO ALSO ACCEPTW6 FROM EUROPE: RIM.
      106 words
    • 192 25 VAN OMMEREN BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KX I Tj. IM SmsC SaM IVII 2QTII 24/11 »11 Agents: SINGAPORE: CAUCO SHIPPING PTE LTD T*: *****66 Tlx RS 551 IS CAUCO Fax: *****71 PORT KELANG: PERKAPALAN UTAMA SON BHD T«t *****08*8 KOTA KINABALU: KESAWAN SHIPPING SON BHO T«i: *****7/*****8(3
      192 words
    • 194 25 MN CONTAINER LINE VS. L GUT PJtUUK 27/11 AUST/N.Z SERVICE STOK 31/11 STD 21/12 IHB 24/12 MICK 2S/12 ALSO ACCEPTM6 TIBER; LCL/FCL TO:BOMBAY DURBAN CAPETOWN PORT LOBIS Bookings: .MAC-NELS AGENCIES PTE. LTD. *****4 (20 Lines MAC-NELS (MALAYSIA) SON BHD. P. Keiang Tel: (03)*****78/*****07/*****77 MAC-NELS (PENANG) SON BHD. Psnang Tel: (04)
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  • Page 26 Advertisements
    • 158 26 f ;T.V i ''J hi :ik MDONESIA/' USA AND CANADA NEST COAST CONVENTIONAL SERVICE LOWMG FOR VMCOUVO 8.C.. OLTWU r» fN. n SNMR NCTORT IN-12/12 IS-M/12 21-23/12 OHO LOADMC WRTS SUBJECT MJUCDCOT •OOfCSIA, MM CONVENTUNAL SERVICE lOMMK FOR MADRAS HUM KW( 9M CMBOH TCJWW fTI *RJ SMMR MCTORY 5-7/11 M/ll
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    • 175 26 K&S LINE JAPAN STRAits Sf MVICE SANKYO LINE (S) PTE. LTD 14J Cfiil Stiert a in ol t.B Brntitifif S fnx r 1)1 Ob Trl Pur! lifj F'mj '>hiini«if Bhrf Irl 03 Penjni Mj|j»mj Irjde t Ijjnspivt I(d Jrl 04 61/143 Pj'« Gu<l.ir{ Mjlj»sjjn Ifemifs Sdn Bh<f lel 0; *>11
      175 words
    • 387 26 x I r MyJmJj 4 4 mimuJ *m MitsulO.S.K Lines Ltd CONVENTIONAL/SEMI-CONTAINER NEDLLOYD MOJI 16 Nov MARIA BONITA 26 Nov CONTINENTAL PARTNER 7 Dec Mombasa. Daressalam Port Louis. Reunion Mombasa. Daressalam AFRICA'S M °l ALTAI MARU GOLDEN ORCHIND JR ELBE-D ENCOURAGEMENT 13 Nov P. Noire. Abidjian. Monrovia. Lome+. Cotonou. Tema
      387 words