The Business Times, 14 November 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, NOVEMBER 14, IMS 75 CENTS
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  • 221 1 TALK OF more corporate failures across the Causeway pulled share prices on the Singapore stock market down yesterday. The ST Industrisl Index fell 3.45 points to 893.26 and the BT Composite Index lost 2.68 points to 789.42. Totsl volume increased marginally to 24.76 million units worth $49.3
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  • 520 1  -  Clearing the way for resumption of share trading By ALVIN TAY FOUR MONTHS of loan restructuring talks between Hong Fok Corporation and its bankers are finally coming to an end, paving the way for a resumption of trading in the company's
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  • 578 1  -  By ANNA TEO MANY COMPANIES have yet to give productivity management enough attention, according to the Acting Trade and Industry Minister yesterday. But the National Productivity Board (NPB), as Singapore's biggest productivity manager, is seeing to it Opening the National Productivity Congress
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  • 330 1 Reuter US CONGRESSMEN yesterday delivered a blunt message to Japan time is running out if Tokyo wants to avoid American retaliation against its trsde practices. "If necessary Congress will retaliate against unjustified market barriers or unfair trade prsctices," House of Representatives Ways and Means
    Reuter  -  330 words
  • 154 1 AFP A BUILDING BOOM is hurling China towards a costly excess of hotel rooms by 1990, a Chinese newspaper reported yesterday. Such needless construction, usually of deluxe hotels that most foreign tourists cannot afford, was wasting funds that could be spent on key development
    AFP  -  154 words
  • 151 1 AS EXPECTEO, investors snapped up all of DBS Bank's $150-million negotiable certiflcatee of deposit (NCDs) at the launch yesterday. National Discount Company, the manager, said: "The issue waa fully subscribed on the morning it was launched and the issue data for the NCDs was fixed
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  • 105 1 Reuter THAILAND'S army chief has said that US trade protectionism threatens his country's security by hindering the economic growth Bangkok needs to counter its clandestine communist movement. General Chavalit Yongchaiyudh's told a university-spon-sored seminar in north-eastern Thailand that US protectionism and agricultural subsidies threatened
    Reuter  -  105 words
  • 476 1  -  By ELAINE KOH THE BRITISH High Commission has informally asked the Singapore authorities for the reasons behind the withdrawal of the local licence of UK law firm Freshfields. "So far, we have had no indication from the authoritiea," said Sir Hamilton Whyte, the
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  • Page 1 Advertisements
    • 129 1 }'()%'>{)->&'+?\?^`*`\=~`!{,)`_ A WHOLE WORLD OF OPPORTUNITIES At Banque Indosuez, we've been serving Singapore as far back as 1905. Our office is part of a vast Asian and Australasian network spread over 18 countries including among others, New Zealand, Australia, Papua New Guinea, Japan, Korea, China, Hong Kong, Macau, India, Sri
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    • 304 1 La boor-management Pag* 3 More than Just a pretty face MISS TOURISM 85. BT journalist Goh Yee Ling, offers her views on how the contest and Miss Tourism's role could be improved beyond that of a glorified hostess, quasi-public relations US unit too low against yon, says Treasury official, Paga
      304 words
    • 53 1 MINOLTA ADVANCF S 700MING Lc«d*r, Pag* PIERRE BALMAIN 4 >* BA r Pierre Bakrvain Boutiques: *02-16 17. Wtsma Atria 435. Orchard Road, Singapore 0923 Tel: 235 1282 The Pavilon Inter-Continental *01-05 1 Cuacaden Road StHjapow 1024 Tai: 734 5404 Pierre Baknain Comer* Metro Grand. Lucky Plaza Metro Scotia. Scotts Centre
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  • HOME NEWS
    • 487 2  -  By LISA LEE INOECO ENGINEERS Pte Ltd has clinched its largest contract to data a US$BO million (Ssl32 million) mechanical and electrical contract for the China World Trade Centre in Beijing. The three-year-old company, part of the Indeco Group of gov-ernment-owned MND Holdings
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    • 198 2 SINGAPORE IS BIDDING for the 1992 Lions International Convention, which is expected to attract 20,000 delegates. William KWoolard. the third vice-preeident of Lions Club International. will be in Singapore tomorrow to meet hotel representatives and officials of the Singapore Tourist Promotion Board. He will
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    • 391 2  -  By ANNA TEO THE LITTLE fast-food community sprouting at Holland Village will soon be joined by Milano Pizza moving about four kilometres down the road from Henry Park. With its lease at Henry Park expiring this month, the franchised Milano outlet one of the
      391 words
    • 235 2 STRONG DEMAND for Singapore's manufactured goods pushed up trade in October to $8.2 billion in real terms, a 14.4 per cent increase over last October's figure. According to the Department of Statistics, cost-cutting measures and the rise of the Japanese and European currencies
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    • 217 2 SINGAPORE munches its way through a higher per capita consumption of apples than Americans each year. The US per capita consumption of apples is 8.18 kg a year compared with Singapore's 10 kg a year. "This market is not anywhere close to saturation. There
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    • 197 2 RETAILERS have been asked to think about bringing in foreign experts to train their key sales personnel. "I would like to suggest that for training for key people such as sales supervisors, the SRMA (Singapore Retail Merchants Association) should consider bringing in experts from
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    • 97 2 DIRTY JOB EXPERTS professionals in waste management, cleaning and pest control have teamed up to help make Singapore a cleaner, greener garden city. The Environmental Management Association, which represents professionals in these fields, is now trying to attract members involved in water purification, chemical waste
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    • 333 3 LABOUR-MANAGEMENT relations the Japanese way was the focus of the first day of the National Productivity Congress. Labour and wage policy expert R Magota, of the Japan Wages Research Centre, spoke on productivity gainsharing. There were four methods of gainsharing, he said.
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    • 423 3  - Marks Spencer moving ahead with the times By ANNA TEO MARKS SPENCER decided to ssy no to credit card holders. It still does, but sccepts one charge card, held by 1.25 million Britons. Its own. The success of the giant UK retail chain had enabled it to make changes at
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    • 185 3 THE LATEST developments in automated manufacturing technology will be discussed at a four-day conference in Singapore beginning next Tuesday. At AiMB6, to be held at the World Trade Centre, more than 30 international experts on automated manufacturing technology will discuss how automation can be
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    • 66 3 THE HOUSING and Development Board will ask former MP J B Jeyaretnam to vacate his office in an HDB block at Jalan Bukit Merah by the end of December. The office had been made available to him as an MP, an HDB spokeswomsn said
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    • 39 3 TELECOMS will extend its Telepac service to United Arab Emirates with effect from Nov 17. The service gives customers access to data base information, besides enabling them to utilise the processing capability of a remote computer.
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    • 92 3 BUSINESS TIMES reported in the People In Business column on Tuesday that Miss Julie Lim had been appointed public relations manager of Amara Hotel Singapore. The hotel has pointed out that its public relations manager is Mrs Julie Lim. In another report in the column on Wednesday.
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  • Page 2 Advertisements
    • 78 2 When in Raffles City, add the finishing touch at BALLY boutique V y At the BALLY boutique, the finest selection of fashion accessories await the impeccably dressed lady and gentleman. Fashionable individuals who demand the very best...and get it. Because they know you're bb h mh never quite complete without
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    • 36 2 1 FACTORY FOR LEASE Rental: 60$ per sq.ft. AREA: 10,000-60,000 sq.ft. FACILITIES: Sanitary, Water, Sprinkle system, electricity 100 KVA Suitable for all types of industry, except food LOCATION: Near Jurong bus Interchange Interested parties please cal
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  • Page 3 Advertisements
    • 69 3 fv! 3f «*<.■= ,:v i-" •c- SJt I Aboard AEi *> Fast—Economical Flights To DELHII Weekly Mondays Wednesdays MOSCOW NONSTOP All Capitals of EUROPE Weekly Mondays, Wednesdays Fridays For more detalla, contact our travel agents or AEROFLOT ,-SSp JtoyW airtfnw 55 Market Street #01-00, Sinsov Buikjing, Singapore 0104, Ttt *****11
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    • 580 3 The Workfs First Camera The new Nikon F5Ol Is exceptional in every sense of the word. It is the first of its kind in the world with FOUR focussing modes (TWO AUTOFOCUS and TWO MANUAL FOCUSSING MODES)! Two Auto-focus Modes Offering not one but two autofocus modes in the compact
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  • ASIA-PACIFIC
    • 428 4 US too low against yen, says Treasury official US too low against yen, says Treasury official UPI THE RECENT AGREEMENT between US Treasury Secretary James Baker and Japanese Finance Minister Kichi Miyazawa recognised that the American currency had depreciated too far against the yen. David Muiford, the Assistant Treasury Secretary
      UPI  -  428 words
    • 350 4 UPI PRESIDENT Corazon Aquino's chief aid*, who restless military officers want to remove from office, paid a surprise call on Defence Minister Juan Ponce Enrile ss the military yesterday took a tough stand against communist insurgents. The meeting at the defence ministry
      UPI  -  350 words
    • 404 4 Reuter, UPI THE MALAYSIAN GOVERNMENT formally conceded yesterday that its thrse-month ban on the As/an Wall Street Journal is illegal and has lifted a suspension order on the newspaper with immediate effect. Senior Federal Counsel Zalehar Zahani said the government had
      Reuter,; UPI  -  404 words
    • 198 4 AP SOUTH KOREA plans to control the excessive expansion of its domestic car plants to counter possible protectionist moves abroad, particularly in the US. Trade and Industry Minister Rha Woong-Bae reported the plan during Wednesday s National Assembly committee ses-' sion, focusing on
      AP  -  198 words
    • 226 4 AFP AUSTRALIA had a record monthly balance of payment* deficit of AJ1.735 billion (USSI.II billion) in October, the government statistician said yesterday. Australia's previous worst deficit was in October last year when it reached A 51.661 billion. The deficit in September this year was A
      AFP  -  226 words
    • 134 4 AFP THE GOVERNOR of Indonesia's central bank banned the last issus of the Indonesian Economists' Association's internal bulletin for criticising the September devaluation of the rupiah, a magazine in Jakarta reported on Wednesday. The governor, Arrfin Siregar, banned the October issue of
      AFP  -  134 words
    • 877 4 Oporsto ARRIVALS r S*rvic« Local From UA UA805 0100 SFO/HKG KAL KE697 0530 sa MAS MH601 0705 KUL MAS MM681 0020 KUL SU SQ43 0910 DHA/KHt PEN MAS MH811 0910 MAS MH67I 0920 KUL su SQ103 0950 KUL CPA CX710 1015 CGK CAl 0806 1015 CGK MAS
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  • Page 4 Advertisements
    • 170 4 f HOSPITALITY IS PART OF OUR TRADITION y ■Jo* m Mr*■ Hjunoiiill EXPERIENCE THAT TRADITION EVERYTIME TOU TRAVEL SAUDIA. Apart from the modern fleet and the ultra luxurious touches like our unique new Al-Faris seats in First Class, you'll feel a certain something extra whenever you board one of our
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    • 56 4 —-v M~J X T The business person's choice. I 31 1 /I \_J /\V every Tuesday, Thursday, Saturday I V I I y-\| and Sunday. Leaving Changi Airport I /l Y JJL-4 at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel
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  • Page 4 Miscellaneous
    • 74 4 Doonesbury UJB SHALL JMADUP FIRST! M& x JEUSE? 6000 OFDKJCS feCKI FRIENDS. m M fl M a SHOUDNT QUflB JEREMY RIGHT! 60RRST, CAN WE RES? HE CHANGE HAS SEN- THEOATKJRJTY. TJN6ORIB I CANT FOLLOW JEREMY. HE'S TOO ELECTRJTNGORDER, FY/N6! .PADRE?^ ft- T <2 A, U BY GARRY TRUDEAU GOOD POINT.
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  • REST OF THE WORLD
    • 444 5 AP THE WORLD BANK president has voiced strong opposition to a plan by US Senator William Bradley to help ease the debt crisis of Latin American nations by forgiving a portion of their loans. Barber Conable said on Wednesday that
      AP  -  444 words
    • 133 5 Reuter THE US has named 166 South African companies barred from exporting to America under sanctions legislation passed by Congress. US officials said they expected the list to provoke a flurry of law suits as the companies tiemselves and possibly some Importers
      Reuter  -  133 words
    • 257 5 UPI ECONOMIC and banking delegates from 26 of the Third World's most indebted nations opened a meeting on Wednesday in Lima, Peru, aimed at exchanging strategies on how to deal with creditors. Peruvian officials said the conference marked the first time heavily indebted developing nations
      UPI  -  257 words
    • 254 5 Reuter THE US has rejected Third World charges that it and other industrialised lands seek monopoly control of global information systems under a pretext of press freedom. Hugh Montgomery, the American delegate in the UN General Assembly's special political committee that has been
      Reuter  -  254 words
    • 68 5 Reuter A UN COMMITTEE has recommended the setting up of a panel of experts to study the climatic and potential physical effects of nuclear war. The US cast the only vote against the resolution, adopted in the General Assembly's main political committee by 119
      Reuter  -  68 words
    • 401 5 Reuter ECONOMIC PROSPECTS for the main non-communist industrial nations appear cloudier in the next 18 months than six months ago, according to OECD officials. Latest forecasts by the 24member Organisation for Economic Cooperation and Development had raised questions over the performance of both the
      Reuter  -  401 words
    • 114 5 Reuter A SOVIET parliamentary commission has overruled two government ministries which wanted to hold down investment in new technology, the official news agency Tass said. In a decision reflecting the Kremlin's drive to make use of the latest reeearch in industry, Tass said the commission
      Reuter  -  114 words
    • 206 5 Reuter BRITAIN is soon likely to replace the US as the world's largest earner from invisible exports, according to the British Invisible Export Council's annual report. Britain haa for several years been second to the US in terms of the surplus
      Reuter  -  206 words
    • 348 5 UP! A LEADING businessman in Brazil has predicted "economic catastrophe" if the government does not change its eight-month price freeze substantially. Brazil last February froze prices and limited wage rises to end 400-per cent inflation, but in spite of surging economic growth there are
      UP!  -  348 words
  • Page 5 Advertisements
    • 91 5 *s V < £3 C veto tm. J S j**' *> S* i t t t ,«Pv A"' i' >■«&'* V .-Vf<•<•' v". r V 'V v.-- rSZFTi<???>•"* x err j > j j L:. !> V, i y 4 You think him worth flattering' George Bernard Shaw Royal Salute.
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  • BANKING AND FINANCE
    • 309 6 HONGKONG: GOLD yesterday closed lower on a sudden surge of the US dollar and some profit-taking by local investors, dealers said. They said local selling pressure depressed prices but noted that some US and Swiss buying interests entered the market in late trading. Bullion closed at U*****.00/50 an
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    • 200 6 BA Futures FOLLOWING the Federal Reserve's outright coupon purchase on Wednesday night, December US T-Bond opened sharply higher than Wednesday's close at 97.07 on carryover buying interest from post futures cash market gains. Market activity, however, lapsed into a quiet trading session after the
      BA Futures  -  200 words
    • 468 6 GOLD (US$ troy ounce) Opon High Low Soft Vol Opon (EST) Int* Doc 86 408.50 419 Fob 87 411.008 Adwol Vol on No« r 12 for Doc 86, Fob 87. Ni. Goring n ango. Doc 86. 409.00N. DEUTSCHEMARK (USS/DM) Opoo High lew Son Vol Opon (Est) Int* OK 86
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    • 231 6 Asian market ASIAN DOLLAR deposit rales yesterday closed steady at opening levels in quiet afternoon trading. Short-dates were mostly steady at the outset and remained unchanged subsequently. Overnight, weekend and week fixed closed at a common 6-1/8 6 per cent. Asisn dollar CO rates closed unchanged at the morning's level
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    • 49 6 THE OVERNIGHT rate on the Singapore interbank market closed at 3-1/2 per cent yesterdsy, up 2-3/4 from Wednesday. S$ Interbank rates at 7pm yesterday: OHm Md i3 1/3 3 1/4 1-m* 3 3/4 3 5/8 3-mh* 3 IS/1* 3 13/1* 3—* 3 3 7/i Ovemlghl mod* 2
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    • Article, Illustration
      650 6 Reuter SINGAPORE: THE US dollar yesterday closed firmer against most major currencies on short-covering and profit-taking buying, in moderately active trading, dealers said. They said the dollar's uptrend was prompted by US Assistant Treasury Secretary David Mulford's remark that a further rapid yen rise could be counter productive
      Reuter  -  650 words
    • 165 6 Interbank rata at 3pm y«st*rdayi CwTMCtM NMtfMlMtM OMJBMMM Jk LomI Mm i» MM HIM Of tW'"""■I US doOar 2.1915 2.1925 ***** -2240 5i§rflnQ pound 3.1217 3.1254 ***** -5741 Amtroftan dolor ***** ***** ***** -5074 KZ dolor 1.1297 1.1324 3.4206 -67.05 Conodlon dolor 1-5034 ***** ***** -5X71 LooM doMm
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  • Page 6 Advertisements
    • 127 6 The747changes the way the world flies. 0» 0 **<- .at is rj fli i ussi ,mN Again w 0 0 With the new long-range 747-400, nonstop service will now be possible between such distant cities as Singapore and London; San Francisco and Hong Kong; and Taipei and Los Angeles at
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  • TECHNOLOGY
    • 706 7  -  By RICHARD SEAH BAKERS from all over are visiting Gardenia's new bakery, touted as the most modern in Asia outside Japan. Started in late October, the $6.5 million bakery played host to a team of Chinese officials in its first week.
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    • 234 7 THE MAN famous for teaching machines to talk to each other is arriving here tomorrow to talk to a group of industrialists. Mr Michael A Kaminski, from the General Motors Technical Centre, will chair a forum in the MetalAsiaB6/AutomAsiaB6 conference and exhibition, to be
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    • 321 7 New Scientist A CAR with a steering system which turns all four wheels will be on the market next year. Developed by the Japanese car manufacturer Honda, the system allows the rear wheels to turn either in the same direction as the front wheels, or
      New Scientist  -  321 words
    • BITS & BYTES
      • 103 7 THE CHINESE mwi to b« everywhere nowadays. About 72 of them, all teaching staff in various universities in China, have been sent to Germany recently to receive training on computers and data proceesing. Some went to Munich to train under Siemens. Under a World Bank project,
        DIO picture  -  103 words
      • 113 7 LATEST WORK over five skulls dug out from a shallow pond in Florida suggests that the human brain has not evolved in the past 8,000 years. The skulls belonged to a middle-aged woman and four young men, who lived 80 centuries ago in Brevard County. Both
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      • 125 7 NYT A DATA processing system that permits concurrent operation by a number of users in different languages has been patented in the US for International Business Machinea Corp. Q Innes, an IBM employee in Irving, Texaa, was granted patent 4,815,002. The system is not commercially available
        NYT  -  125 words
  • Page 7 Advertisements
    • 147 7 Among chefs there are stars and there are superstars. The stars are awarded, sparingly, by the Guide Michelin whose critics i have only one benchmark by which they judge. Faultlessness. A single star chef is especially gifted. A two star chef ss K I B) K will be courted by
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  • FEATURES
    • 513 8 JUSTICE can be tricky at times. Is it just that the English law firm of Freshfields now loses its licence to practise Singapore law? Or was it previously unjust that it was the only foreign law firm given such a licence? There may not be
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    • 937 8  -  Viewpoint By GOH YEE LING TONIGHT FIFTEEN ladies will be competing tor the Miss Tourism crown and the honour of representing Singapore's tourist industry for the next 12 months. A year ago, when Miss Tourism was revived after 16 years of suspended animation, the Singapore
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  • Page 8 Advertisements
    • 342 8 I S\TT* I I V Tin The versatile new Multi-User system from Pegasus Business Software keeps pace with the business accounting needs of many departments at once. —PEGASUS-MULTI-USER With Multi-User, all the key areas in the company can now maintain and update their own section of the company's business accounts
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  • Page 8 Miscellaneous
    • 739 8 CRYPTIC PUZZLE ACROSS 4 Rock salt, mostly? (6) 7 Save for later a short holiday at a seaside place (4. 4) 8 When flight isn't usually allowed (6) 10 A snapping sound? (5) 13 A pet soil-conditioner? (4) 14 A thousand, obviously more than 50 (4) 15 Russian news agency
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  • SPORTS
    • 469 9  -  By JEFFREY TSANG SIXTY WATER SKIERS will kick off the Sentosa/OCL Merlion Week Sea Carnival tomorrow with the biggest water ski event in Singapore since the 1983 SEA Games. The tournament will bring the sport back into the limelight as the Singapore Water Ski
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    • 380 9 MASTERS champion Justedjo Tarik will be seeking redemption but Adam Malik and Mats Friberg will be the men to watch when the Puma Circuit singles championships begin today at the Singapore Tennis Centre. The top-seeded Tarik, who failed to gain a fifth successive final appearance
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    • 338 9 AP AIDED by stronger winds, Dennis Conner and Stars and Stripes downed America II yesterday by 1 minute, 31 seconds on the final day of the second round of the America's Cup challenger trials. With winds of 24 to 26 knots filling its
      AP  -  338 words
    • 483 9 Putra Cup Indonesia takes first-day lead POH EE KIAT fired a one-under-par 70 to help Singapore finish nine strokes off the pace on the first day of the Putra Cup amateur team golf championship at Hongkong's 5,662-metre Eden course at Fanling yesterday. With three birdies and two bogeys, Ee Kiat's
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  • Page 9 Advertisements
    • 2100 9 ZSHSE IN THE MATTES OF THE COMPANIES ACT, CAP. ltt AND BEENOBEEN SEBVICEB (8.E.A.) PTE LID (IN VOLUNTABY LIQUIDATION) At an Extraordinary General Meeting of the members of BRENOREEN SERVICES (S.E.A.) PTE LTD duly convened and held on Monday, 10 November 1986 at 10.00 am at 11 Collyer Quay, #18-00
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    • 367 9 Note: A member entitled to attend and vote at the Meeting Is entitled to appoint a Eroxy to attend and vote In is stead and a proxy need not also be a Member of the Company. The Instrument appointing a proxy must be deposited at 3 Shenton Way,. #07-07 Shenton
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  • Page 9 Miscellaneous
    • 1177 9 'nvvmmm 4 TW PM SBC Text Sample Pages. Opening and Programme Highlights followed by The Wonderful World of Disney Smoke (Part 1). Science World. What a Picture (r). Coming Attractions. Applause Gemma, Girls and Gershwin. I World Music Album, i The Future What's Next?-. This programme looks at the new
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  • INTERNATIONAL STOCKS
    • 247 10 Reuter THE MAJOR Canadian oil and gas company, Husky Oil, said talks are underway on a possible ownership change, confirming market speculation that the company is a likely takeover target. Husky and its associate Nova, which owns 57 per cent of Husky, said on Wednesday
      Reuter  -  247 words
    • 133 10 Reuter THE LONDON Stock Exchange has started an inquiry into the resignation from one of Britain's leading merchant banks of a senior stockbroking executive whom the bank says broke its rules. Geoffrey Collier resigned from bankers Morgan Grenfell on Monday. He had played
      Reuter  -  133 words
    • 64 10 Reuter THE LONDON Stock Exchange will launch a third market, in addition to its fully listed and unlisted markets, on Jan 26. The LSE said that shares traded on the third market will be in young companies with good growth prospects, and also in more
      Reuter  -  64 words
    • 371 10 Reuter WALL STREET stocks closed lower in active trading on Wednesday. Stocks managed to recover some ground late in the day when the bond market staged a mild rally. Shares associated with takeovers and restructurings continued to climb. Declines in IBM, Dupont and American Express
      Reuter  -  371 words
    • 117 10 MOV 12 AbWb* CI 27* Hudson Bay Mlnir Imp ON CI A Inco. Int Prov Ptpa lu Intl >8 6% 46 17* 36% 16 •y. 1* unch unch 42* -3 16% 12% 11* 17 V. McMil BkJI 42% ...34* 22% Ball Canada 37* 26% 35% *1% 21* .27* 6%
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    • 230 10 NOV 11 MOU RAND 8 TRIAL* Truat Bk Un SM Woottru 146 86 1800 unch unch 28 A Alpha Abarcom Aad 1300 280 ***** uncti 10 Angtoa Angvaal OS 6780 ***** -100 -400 80 •100 80 28 AMIC C Q Smttfi 428 4000 2160 3200 uncti 160 unch -25
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    • 586 10 NOV 11 IMS AJctn AJumm 30% Alcoa 35 1 i unch A Hag InB 16'/> Ajit*d Sig ...41% AHIad SlorM m% unch Aiiia-Chatmars Am Brandt Inc Am Can Co ..2* 46% unch unch Am Cyanamid Am Eiac Pwt 81* a Am Exprtu 57y. •1* Am Homa Prod Am
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    • 674 10 Amsterdam NOV IS PLS ABN 563 00 -ft Aagon 96 40 0.4 Ahotd 100 80 -0.1 Akzo ***** -1 Alrsnta ISO 10 uncti AMCV 75.00 -14 Amro Bank. 98.40 uncti Am Stad 125 00 +0.5 Barliat 32.50 uncft BOLS 170 50 4-0.5 Boraumij 140 00 uneh Buahrman Tatoroda
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    • 123 10 Reuter COMMUNICATIONS GROUP News Corporation Ltd said the London Stock Exchange Council has granted permission for all of its 126.74 million issued ordinary shares of 50 Australian cents each to be admitted to its official list. The listing will en- hance the group's
      Reuter  -  123 words
  • Page 10 Advertisements
    • 383 10 ii Wiutte to wim. dine aatf Traditional Refined Sushi AOYAMA O-ZUSHI I* tC 4 r Enjoy traditional refined Sushi in a cosy ambience of an all wood interior at Aoyama O-Zushi. Our chefs recommendations from the day's selection should not be missed! Have lock Road. Singapore 0316. JA 733 0011
      383 words
    • 119 10 London stocks on Pago 15 u m s m 7 V Hold it, don\ reach out for your umbrella. It's Thunderstorm, the band that'll be striking up. Come prepared instead for a downpour of latest hits any day from Bpm except Sundays, LOMMgB CRgHvn •mMZHDVH. 270 Orchard Road. Smpporr OM.V
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  • ASIAN STOCKS
    • 336 11 HONGKONG: Prices cloeed sharply higher in heavy trading yesterday with speculation of corporate bids dominating the market. The Hang Seng Index rose 21.74 to 2,261.45 while the Hong Kong Index also gained 13.94 to 1.434.74. Turnover totalled HKS1,056.76 million. Brokers said speculation that Mitsubishi Estate of Japan was considering
      336 words
    • 230 11 MOV 13 1 IT t Koiin 26.90 0.9 AN Sncara Indue 1775 0.06 Kuochan Oav Laa Chang Yuan 22 90 29 10 unch -0.4 27 70 0.2 22 40 0.1 34 90 unch 34.90 0.1 Chang Hwa Bank. 41.10 -08 23.90 0.2 Chang Loong Chia Hain Camant. Chin Main
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    • 416 11 TOKYO: Stocks closed slightly lower yesterday as the yen's strength and recent share gains encouraged profit taking particularly among ex-port-related issues, brokers said. The market average fell 9.42 to close at 17,438.47, snapping a series of gains which had continued for five straight sessions. Turnover was 500 million shares.
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    • 78 11 NOV 11 1 •OOI +AMsrcoppsr l.M 0.02 Msrstsal Oriental B 0 024 -0002 Anglo PMI Phil Ovsrssas 0 027 unch Phils* B 0.37 001 Ptcop B 25 50 0 5 PLOT 2B0 2.5 0.0066 -0.0006 San Mlgual B 79 -1 Basic Pstrolsum o.ooe -0.0006 Saatront 0.017 uncn Banguat Con.
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    • 388 11 SYDNEY: Australian share markets closed easy in quiet trading yesterday as traders stood on the sidelines and assessed the impact of the October current account deficit figure of A$1.73 billion. Scattered profit-taking in most sectors was offset by bargain hunting in gold stocks, which have fallen heavily in recent
      388 words
    • 127 11 MOV 18 Odi Sugar WON 1830 1 -1 -1 +5 30 10 11 28 ■330 •14 Kai Kangwon Ind Kla Motor Koton Ind 1266 846 1571 1840 -8 •6 -18 unch Daewoo Corp Daawoo Heavy Daiahin Sacurlttee Dong Ah Phar Dong Suh Slock 1184 1336 ...2796 S10 1390 Korea
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    • 165 11 Reuter BANGKOK: The Stock Exchange of Thailand Index slipped 0.81 to 182.35 on a turnover totalling 560,440 shares worth 90.6 million baht. Reuter NOV 19 ■AHT Ao Kham Thai Asia Fibra 200 Ayudtrya Invaatmar* 202 Banakok Aaro-lnd 45 25 1 •2 -0 75 Slam Cmzana Slam CMzana Liaalwa Slam
      Reuter  -  165 words
    • 59 11 Reuter MITSUBISHI Estate Co Ltd has denied rumours in Hongkong that it is considering making a takeover bid for Hongkong Land Co Ltd. "We have no plans to buy it," said spokesman Satoshi Oyama. HK Land shares rose 30 cents on the Hongkong stock
      Reuter  -  59 words
    • 460 11 Reuter THE ENORMOUS expansion of share and debenture issues on the Bombay Stock Exchange in the two years since Rajiv Gandhi became India's Prime Minister is expected to continue although investors are becoming more choosy about which stocks they buy, brokers said.
      Reuter  -  460 words
    • 182 11 Reuter JAPAN'S five biggest steelmakers have turned in their worst operating results since the end of World War 11. Nippon Steel. Nippon Kokan, Sumitomo Metal Industries, Kawasaki Steel and Kobe Steel reported operating losses of US$l.l3 billion for the first half of their fiscal year. The
      Reuter  -  182 words
    • 215 11 Reuter HONDA MOTOR is not threatened by cheaper South Korean brands taking some of its share of the lucrative US car market, says Honda chairman Noburu Okamura. Speaking in Tokyo yesterday, he said: "We have long experience in making low-cost
      Reuter  -  215 words
    • 87 11 Bernama THE PHILIPPINE Board of Investments (BOI) has struck a deal with the Indonesian government involving the sale of US$22l million (about M 5575 million) worth of phosphoric acid in exchange for ammonia worth US$l3l million (about Ms34l million) from Indonesia. 801 chairman Tom
      Bernama  -  87 words
  • Page 11 Advertisements
    • 421 11 WSiere to wise. «Uae aai Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, GadoGado. Sate (Satay), spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine4s only half the experience. The other half is |ust being there. KINTA-MANI
      421 words
    • 67 11 $12.50 Children be loa -d r old OC BUFFET-LUNCH COMBINING THE BEST OF EASTERN A WESTERN DISHES 0 4 19, Cairn hill Circle, Singapore 0922 Tei: *****22 T®l«*: RS ***** What s So Spccial at Window on the Park? Temasek Buffet Luncfil Daily from 12 noon -3 pm 9*2? 3'ir
      67 words

  • RAW MATERIALS
    • 138 12 Chlneee Produce Exchange Soflon' noon doting pricot on Nov 13 (SS/100 kg). Coconut oil lut FOB 45.00 OW drum FOB 58.00 Now drum FOB 62.00 Robutfa 20/25% FOB NSW Nutmeg 110 FOB NSW IWP FOB NSW Gambler FOB NSW 570.00 1405.00 1289.00 330.00 Copra fAtaod (Ioom) 38 bwyon
      138 words
    • 162 12 WHEAT FUTURES on Wednesday rebounded from early lows on the Chicago Board of Trade, closing with gains of 5-1/2 US cents to 1/4 cent per bushel in moderately light trade. December posted a 5-3/4 cent range on the day. Local and professional shortcovering after the recent declines found few
      162 words
    • 84 12 OIL PRODUCTS Oil products on the Far East petroleum market remain stable as traders watch and wait for the outcome of this weekend's Opec price-fixinQ committee meeting. Closing prices for crude (fob origin) US$/borrel Change Dubai (Dk) 14.00 0.20 WTI, W«st Texas Intermediate, (Dec) 15.37 -0.13 Closing prices for products
      84 words
    • 162 12 Reuter SOYBEAN FUTURES on Wednesday closed mostly higher in moderately light trade on the Chicago Board of Trade, ranging from down 1-1/2 US cents per bushel in spot to up 1-3/4 in July. January settled at US$5.OO after being held to a narrow 2-1/2 cent range. Slow country movement
      Reuter  -  162 words
    • 204 12 MALAYSIAN CRUDE oil prices yesterday closed unchanged to slightly lower on renewed selling after rising initially, supported by India's presence in the market at its weekly palm oil tender. Trading was thin as operators were reluctant to hold fresh positions ahead of the long weekend closure until Nov
      204 words
    • 67 12 Bangkok Broken Rice (US J /toon., FOt) A-1 Supar 128 A-l SfMdal 125 unq White Rke C-l Sp*dol 100% Id dan 255 C-1 Ord unq 100% 2nd daw 220 Loonzain Rice 100% 3rd dots 215 100% 1« grod* 5% 10% 205 200 100% 2nd grod* 100% 3rd grod* 215
      67 words
    • 115 12 Reuter THE PRICE of tin on the Kuala Lumpur Tin Market, KLTM, firmed 32 cents to M 515.87 per kilo on covering ahead of the long weekend closure, dealers said. They said the bullish sentiment was attributed to lower offerings and further strong buying from
      Reuter  -  115 words
    • 242 12 Reuter SMGAPORE THE MARKET yesterday closed firmer with December One RSS buyers quoted at 182.50 cents/kilo, up one cent from Wednesday. The morning session gained one cent on some short-covering of nearby positions in thin trading. Prices were little changed from lunch time levels in quiet afternoon trading. Trading
      Reuter  -  242 words
    • 309 12 RAS prices m c •nMg, FOB In Mw I NOON qose Bwyoa S#IWn 8vy*r* Mim In* 1 RSS Prompt 182.50 183 JON 1*2 JO 183 JON M t KSS Dk 86 182 JO 183.00 182 JO 183.00 In# 1 RSS ion 87 182.00 182 JO 182.00 182
      309 words
    • 87 12 Icanti/kg. 1-ton Dec 86 JAN 87 (currwtf month) (fOTWQf 1 d montft) NOON NOON RAS bran S»hr» IvpOT ;,l,n SSI 30 170 JO 172J0N 171 JO 173 JON SS* 50 167 JO 169 JON 168J0 170J0N ran Saltan SMI cv 283JO 285JON 284J0 286J0N SMI I 284JO
      87 words
    • 709 12 Reuter COFFEE ROBUSTA futures stabilised above earlier four week lows on Wednesday afternoon, reflecting better than expected levels in New York, but still ended near the lows. Prices collapsed from the outset on Wednesday morning, with selling meeting little buying interest But by the afternoon prices were again
      Reuter  -  709 words
  • Page 12 Advertisements
    • 730 12 BANQUE NATKJNALE DE PARIS (Incorporated in France with limited liability) Heed Office: 16 Boulevard des Italiens ***** Paris Aaeen Offices: Branch in Singapore; Representative Offices in Indonesia. Malaysia and Thailand; and Offshore Banking Unit in Philippines. 2 -*•> >:■ 3 vv I 2 ZZZ3 I M M ;i I»ii» of
      730 words
    • 6 12 Call Changi Distribution *****53 for subscriptions
      6 words

  • SHARE INFORMATION
    • 4091 13 THE RALLY on the Singapore stock market paused yesterday amid rumours of more financial troubles in some Malaysian companies. Nervous Investors started to offload while others were cautious and chose to stay on the sidelines. Most overseas buyers were out of the market although
      4,091 words
    • 229 13 SINGAPORE PAN T roOort DBS H MMa OCIC S t M ICS CM S0< K l M SO* Peak Hm Not Iran J Cmm S 1 A Spar* Land MM Oa> M out Rites 900 274 910 S40 210 903 uo 77S 299 Falls 40 9* 440
      229 words
    • 4006 13 BID and offar prtcaa officially listed and buainaaa in and raportod to tha Stock Exchange of Singapore yaatorday with tha numbar of sharaa tradad shown in bracfcats in Ms of 1,000 units unlass otharwiaa spacWad. All Tlma SaWamant Contracts ara quotod aftar tha word "SETT'.
      4,006 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 475 14 Focus on Malaysian co-operatives MBT A BANKER has outlined s rescue scheme, whereby the Malaysian government need not come out with an initial larga cash outlay, to ensure that depositors of the 24 suspended deposit-taking cooperatives (DTCs) do not loss much. The banker, who did
      MBT  -  475 words
    • 311 14 Bernama SOUTHERN BANK, a subsidiary of publicly-listed Killinghall (M) Bhd, is likely to take over Koperaai Mewah Bhd (Komewah). one of the 24 deposit-taking cooperatives (DTCs) whose assets have been frozen by Bank Negara but which has been given a "clean bill of
      Bernama  -  311 words
    • 2391 14 810 and after prtcaa officially ilatad and bualnaaa In and reported to ttta Kuala Lumpur Btock Exchange yaatorday. with tho numtoar of aharaa traded shown In brackets In lots of 1,000 units unlaaa otfterwlos spaciftad. INDUSTRIALS am naoe AJnamm 002S) (I) 302 Atea HMg —I
      2,391 words
    • 83 14 MALAYAN BANKING Bachad: 26th AGM at Menara Maybank. 100, Jalan Tun Parak, ***** Kuala Lumpur tomorrow at noon. TA8EK CEMENT Bachad: 25th AGM at tha Factory, Taaak Industrial Estata, Tasek Driva, Ipoh tomorrow at 11.30am. UAC Bartiad: 23rd AGM at No.9 Jalan SS13/4, Subang Jaya. ***** Pataling Jaya
      83 words
    • 473 14 LATE SELLING PRESSURE disrupted aarty firm trading and ahara pricaa cloaad mixad at tha Kuala Lumpur atock markat yaatarday. It initially appaarad that tha markat waa haadad for anothar day of gaina whan ahara pricaa pickad up ataadily aarliar. Howavar, haavy
      473 words
    • 111 14 HONGKONG Hongkong Index Thursdoy 1434.74 Wednesdoy 1430.80 Week 090 1411. If Hang Sang Max Thursday *****6 Wednesday *****1 WMk 090 2230.45 AN hdutfrtob Thursday ***** Wednesday ***** WMk 090 2193i NEW YORK Dow Jonas Wednesday 1813.70 Tuesday 1895.95 WMk 090 1899.04 TOKYO J A 1 wmii AVfroyt Thursdoy
      111 words
    • 203 14 Managers' pric** MARA-Bumiputra for Nov 14 fw rp-r. 11» i24 Singapore Unit Trust STSgT 3 TW Co ■■ire. Ml a* Rt* Bputro 2.72 177 Tk* Sovingt Fund OB 0J» Sol* I'fwrrn 274 17» S'pon fro# Fund 036 03» Sown* I'putra (A) 170 1.74 S'por. S«c Fund 0J0 0.45
      203 words
    • 199 15 YEO HIAP SENG Ltd (YHSL) yesterday requested a suspension of its shares from trading on the Singapore and Kuala Lumpur stock markets for an unspecified period, following the suspension of subsidiary Yeo Hiap Seng Enterprises (YHSE) in Hongkong on Wednesday. The suspension was
      199 words
    • 251 15  -  By LORETTA McLAUGHLAN FOLLOWING its purchase of 51 per cent in the Kepong integrated township from Mutti-Purpose Holdings Bhd, Magnum Corp is now buying the remaining 49 per cent from Permodaian Bersatu Bhd (PBB), the governmentbacked bumiputra concern. In an announcement to the SES yesterday,
      251 words
    • 280 15 THE JACK CHIA group sold another block of 100,000 shares in Haw Par Brothers International Ltd for $322,000 on Nov 5. Mr Chia is now deemed to have an interest in 21.648 million Haw Par shares representing 14.52 per cent of its equity. JACK CHIA-MPH Ltd has announced
      280 words
    • LATEST RESULTS
    • 709 15 EQUITIES stood lower in fairly active trading early yesterday as the pound continued its recent decline on the foreign exchanges, dealers said. At 0900 GMT, sterling was three basis points lower at 68.2. The pound's continued fall has fuelled fears that UK clearing bank base lending rates may
      709 words
    • 584 15  -  By ELAINE KOH THE HONGKONG office of W I Carr, the stockbroking arm of UK-based Exco International, which has been hit by a mass defection of key personnel to rival companies, has lost no time in recruiting for its top positions. Tan Sri
      584 words
  • Page 14 Advertisements
    • 1368 14 CHM T k i TJIT (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the SIXTEENTH ANNUAL GENERAL MEETING o( the Comptfly will be hold at the Mercury Room of the West in Plaza, 2 Stamford Road, Singapore 0617 on 9th December 1986
      1,368 words
    • 15 14 EXECUTIVE rmimif ORGANISER BOW* poRTfOUO ATTRACTIVE 6IFT BOX Tel: *****58 |^|Q£X| 81 **ZZL~ Ss9B/- each
      15 words
    • 187 14 COMPANY (PRIVATE) LIMITED (In Voluntary Liquidation) NOTICE IS HERESY GIVEN that pursuant to Saction 90S of the Companies Act (Cap. 186) that tha Final Oanaral gk. M RROTCtnQ OT Uls M9fnD9Tl O' Uif abovanomcd Company will ba held at 3 Shanton Way #1607/ 0106 on 18th December ISM at lOjOO
      187 words

  • Page 15 Advertisements
    • 240 15 BT/DHL "Know the Business" Contest. Make it your business to know In conjunction with the Businessman of the Year Award, Business Times, Singapore's foremost business paper, and DHL, the world's leading courier, pose 10 thoughtprovoking questions for our readers. Get down to business and win! Write your answers in the
      240 words

  • 368 16  - Wanted hotel in Orchard Road area Japanese company on diversification path By LIM SOON NEO DETERMINED to get its hands on an Orchard Road hotal, a Japanese company with a manufacturing bass in Singapore has asksd a property company to take over the search. Maitriss Properties has been asked by
    368 words
  • 413 16 Reuter, NYT SWISS CHEMICAL GIANT Sandoz AQ Mid yesterday that it would pay all legitimate demands for compensation for damages after 30 tonnes of toxic chemicals from its Basle plant flowed into the river Rhine. The company added that it would take some months to
    Reuter,; NYT  -  413 words
  • 85 16 AFP FORMER US Secretary of State Alexander Haig has hinted that, he will seek the Republican party's nomination for the 1988 presidential elections. General Haig, a former North Atlantic Treaty Organisation, commander, told a meeting of' Denver businessmen that if he ran in the elections,
    AFP  -  85 words
  • 306 16 AFP THE INTERNATIONAL Tin Council the 22-nation producerconsumer body whose debt crisis brought havoc to world tin trading in October 1965 will meet in London on Monday to discuss the most serious threat so far to its existence, sources close to the ITC
    AFP  -  306 words
  • 119 16 Reuter CHINA said yesterday that small peasant-run industries now generated more wealth than the whole of the country's agriculture. Rural industries, which have flourished since reforms were introduced in 1979, would this year overtake agriculture as the countryside's biggeet earner for the first time, the
    Reuter  -  119 words
  • 349 16 Reuter THE RULING Communist Party of Laos yesterday called for detente in Asia and blasted corruption and sloppy work at home on the opening day of its second national congress since taking power in 1975. Party chief Kaysone Phomvihane, 65, buried the hostile rhetoric
    Reuter  -  349 words
  • 151 16 AFP BRITISH unemployment figures took a sharp downturn in October, falling by 95,743 after a September increase of nearly 53,000, the Department of Employment announced yesterday. It also said that wage increases were still running at more than twice the annual rate of inflation, which analysts
    AFP  -  151 words
  • 347 16 Reuter PHILIPPINE President Corazon Aquino wound up a four-day state visit to Japan yesterday having won promises for nearly US$l billion in financial support for her country. "I believe that what we have accomplished in this visit has far exceeded my expectations,"
    Reuter  -  347 words
  • 291 16 Reuter INDONESIA, the only Asian member of the Organisation of Petroleum Exporting Countries, yesterday voiced support for Saudi Arabia's new oil strategy and announced a morale-boost-ing gas deal with Taiwan. Indonesia's state-owned Pertamina oil company also signed a new exploration contract with
    Reuter  -  291 words
  • 320 16  -  By SOH TIANG KEHG WEAK LOAN DEMAND resulted in banks trimming their credit lines by a further $1.4 biNion in August. This meant that over the first eight months of the year, credit lines came down by a total of $4 billion
    320 words
  • 93 16 Reuter COM EX QOLD FUTURES slipped into the minus column after an early rally yesterday through Wednesday's highs ran into selling prompted by a firm dollar. Gold for delivery in December was off US$O.4O at U*****.00 an ounce, coming out of a high of US$4lO.BO which
    Reuter  -  93 words
  • 68 16 Reuter WALL STREET stock prices declined slightly in moderate volume early yesterday. A mild early gain in bond prices failed to spark an advance in stocks. The market continued to run into resistance as it neared the Dow Jones Industrial's 1900 level. The Dow average stood at
    Reuter  -  68 words
  • LATE FILE
    • 53 16 AFP TAIWAN it to adviae «porters not to do businsal with 62 Hongkong-based com pa niM which it believes are affliatad to Baijing. A trade official aaid yesterday that the Board of Foreign Trade had submitted the names of the companies to government agencies issuing
      AFP  -  53 words
    • 30 16 AFP SOME 156 members of the newly-founded opposition Democratic Progressive Party in Taiwan have announced their withdrawal from the group following disputes over election nominations. AFP
      AFP  -  30 words
    • 66 16 Bernama THE Sultan of Selangor has issued a stern warning to Selangor MCA chairman Datuk Lee Kim Sai and anyone who tries to question the customs of the Malays, status of islam and position of the rulers and constitution. However, he said, there was no
      Bernama  -  66 words
    • 66 16 NST THE WORLD Assembly of Muslim Youth views the scheduled visit of Israeli President Chaim Herzog to Singapore as an act of provocation against the Muslims in the region. The assembly's repreeentative for Asia and Pacific, Mr Kamaruddin Mohamad Nor, said the visit was meant to
      NST  -  66 words
    • 42 16 Bernama MALAYSIA has initialled an air services agreement with Egypt after talks in Cairo. A statement from the ministry yesterdsy said the agreement provided for airlines of both countries to operate scheduled passenger flights to each other's territory.
      Bernama  -  42 words
    • 39 16 UPI THE foreign secretaries of seven South Asian nations met yesterday to discuss a draft declaration to be issued at the end of next's week's summit of leaders of the world's most populous region. UPI
      UPI  -  39 words
    • 42 16 AP A WHITE HOUSE official reiterated on Wednesday that the US had no information to indicate that Pakistan had nuclear weapons. President Ronald Reagan certified to Congress on Oct 27 that Pakistan did not have nuclear weapons. AP
      AP  -  42 words
    • 51 16 Reuter PRESIDENT Hoeaain Mohammad Ershad said he would introduce a law banning student politics in a bid to end campus violence and restore political stability. Mr Ershad said the government would no longer show leniency and would not compromise on matters of peace and stability.
      Reuter  -  51 words
  • Page 16 Advertisements
    • 82 16 STYLE 87 Fabrics Garments Shoes Accessories (TRADE ONLY) November 13th tol6fti, 1986,11 am —6 pm at the MOTEXHA Hyatt Regency Hotel Singapore 3rd floor, booths I to 43 Tha Austrian Trad* Commissionar Tanglin P.O. Box 238 Slngapota 9124 FABRICS FOR GARMENTS BLAAS LEINEN F M HAEMMERLE FRANZ M. RHOMBERG SCHIELSEIDE
      82 words
    • 0 16 )!~{+)'+(,/&{"<^="><]]{$!'_'*/>
      0 words
    • 94 16 wuiiderbar! the Germans love it, and so do the Americans, the French and the Scandinavians... Ardmore Park is very international where you'll make friends quickly and feel rignt at home. With the amenities of a country club, excellent security and just off Orchard Road, what more could you want? ARDMORE
      94 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 163 17 AFP THE SHIPPING SLUMP has sunk South Korea s shipping industry deeper into debt despite rationalisation and cash injection two years ago. In 1964 a rationalisation programme whittled the number of South Korean shipping firms from 70 to 20. and the government provided a US$3O-million
      AFP  -  163 words
    • 456 17  -  By SHAHRIR ARIFF SEABORNE CARGO shipments via Singapore continued its upward trend in the first nine months of this year, reflecting what seems to be better times ahead for Singapore. According to the latest statistics published by the Port of
      456 words
    • 289 17 Bernama THE PRIVATISATION of the Port Kelang container terminal in March has resulted in better management at the terminal, according to Kelang Port Authority (KPA) general manager Hashir Abdullah. He said that through the privatisation exercise, Kelang Container Terminal Bhd, the company managing the
      Bernama  -  289 words
    • PORTSIDES
      • 93 17 DESPITE a weak oil market and "severe" competition, the Abu Dhabi National Tanker Company performed well in 1906, opening new routes to Mediterranean and US ports and carrying 4.9 million tonnes of cargo in 135 voyages, according to general manager Taieb Belmahdi. He said during the
        93 words
      • 72 17 AFP SOUTH KOREA'S Samsung Heavy Industry Co has won a US$4O million contract to build a container vessel for French shipping firm Compagnie Generale Maritime. Samsung beat Japanese and Yugoslav competitors in international bidding to become the first South Korean shipyard to win a shipbuilding order
        AFP  -  72 words
      • 107 17 Reuter PRESIDENT AGATHA BARBARA of Malta offered Indonesia use of the Mediterranean island as a transhipment point for exports to Europe and Africa. She told a news conference on Wednesday that the two countries would greatly profit from such an arrangement given Maltese port facilities as
        Reuter  -  107 words
    • 1214 18 GRAIN and coal interest on the London shipping freight* market on Wednesday focused on US east coast and US Gulf outlets. Most other business occurred in a moderately active timecharter sector. A steady rate of 4J5512.50 (fio) was agreed for three more US GulfJapan grain shipments of 50,000
      1,214 words
    • 691 18 Lloyd's List FULL CONTAINER SHIPS deployed in the deep sea trades totalled 809 of 18.34 million grt with a combined capacity of 1.11 million TEUs at the end of last year. But while the number of vessels deployed showed only a slight increase
      Lloyd's List  -  691 words
    • 921 18 AB Shpg V 5 lloyd Triestino IV 1/2 Accord Shpg VI 3 tykes lines III 2 Ahrenkiel liner X 1 Mac-Nets Ag IX 4/5 Alltrons VII 3 Madju Sdn IV 2 AC Toepfer X 5 Maersk line 1 4/5 Anro Service IV 2/3 M'sia Shpg Corp IV
      921 words
    • 213 18 AUSTRALIAN NATIONAL Line has finally announced the sale of the 18,425-dwt vehicle deck cargo ship Australian Explorer to Taiwanese breakers. The sale of the 9,940-1 ight ton vessel for a reported US$l22 per light tonne generated some ASI.2 million for ANL The 16-year-old
      213 words
    • 232 18 Reuter THE MASTER of a South Korean fishing vessel was brought to Anchorage for arraignment on Wednesday on federal charges that he assaulted a female National Marine Fisheries Service (NMFS) observer assigned to his ship. The coast guard boarded the 79-metre Chin Yang Ho in
      Reuter  -  232 words
    • 175 19 THE MAJOR shipping consortia opsrsting 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 AMRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 535 19 FT ONLY TWO MORE hurdles remain before Wah Kwong which floundered in January with debts of more than US$B5O million achieves what it described as "a milestone in consensual non-sovereign debt restructuring". Agreement has to be won for financing arrangements for three new
      FT  -  535 words
    • 302 19 Reuter A NORWEGIAN newspaper reported that a British group, including senior veterans of the Falkland Islsnds war with Argentina, is operating a company to defend oil tankers against aircraft attacks in the Middle-East Gulf. The company, Defence Analysts Ltd (DAL), based in
      Reuter  -  302 words
    • 148 19 Reuter DOCKWORKERS in key ports from New England to Virginia on Wednesday ratified new three-year contracts, a spokesman for their union said. The new accord, between the employers and the International Longshoreman's Association (ILA), followed a bitter three-day strike last month which brought shipping
      Reuter  -  148 words
    • 64 19 MARTIN M SKAANILD will assume the post of managing director of the Maersk Group of Companies in Singapore with effect from Dec 1. Prior to his appointment, Mr Skaanild was managing director of Maersk Line, Indonesia. Mr Skaanild will assume overall responsibility for the group from Mr
      64 words
    • 214 19 Seatrade Week THE US MARITIME Administration will allow American President Lines to jumboise three container ships abroad without seeking congressional approval. The green light signalled that MarAd does not feel such a move would cause APL to violate the 1936
      Seatrade Week  -  214 words
    • 6469 24 MO— Evd Or ad*. Evorgroon. Nov 16 Luna Maarak Maarak Una. No» 1«. Fan Ha. China Oooan. Nov 20. Ming Fortune, Yang Ming. Nov 25 Evar Qiftod Evorgroon. Nov 26 Liao ha China Ocoon. Nov 2* Fan Ha. China Ocaan. Nov 20.
      6,469 words
    • 480 24 AT CONVENTIONAL WHARVES VmmI B«rth Arrival Departure KEPPEL WHARVES Oiorlcs 10 KIS olongsid# 14.11/0700 Gondo Bhaitii K17 oiongnd# 1411/2300 Mrvohko IC3S okxiguda 1411/2300 Koto Angfcoso K3I okxigud* 14.11/1830 Strain V«ntvir# K2SW otongMi* 14.11 AMOO Trow Fjord K» otongud* I4.ll/I500 Ymm K2» okxigsid* 1411/2300 Auby IC2SE 14 11
      480 words
    • 769 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamont Location Ship Voy data/time Operator cargo schedule Ever Onward Kitano M Tonoh Air Bumi Pertiwi Vega Alexandr Prd OIOCW 74/484 46S 1411 86 14.11 86 1600 1600 G Asia Borneo F5A F5A 0700-0600 0700-0600/0700-0600 N2
      769 words
  • Page 17 Advertisements
    • 398 17 Concise Comprehensive Contemporary r>»»«"« oor ■RHOlMumdy Hi FEDERAL 35ME 9VPMC AMKB Hi. *****4/ OH) Xlllf/ 200 CMtoMHOI «oa4 #12 05 Soatkpomt Stypon 0201 H H mmm T *****11 TELEX NO «S ?«IT» PBMftfll TEMMMAL/CFS tat *****1S 220 L J BOOHNGS M *****34 235 nß.fl. Ctommt* Imc BHSBSH sTttlseni!SKl7suh. Ma5?77/*A***** I
      398 words
    • 75 17 KMDB JUMBOISING WORK on existing container ships dimbed to a record level last year. Such work accounted for more than 20 per cent of the total increase in box-handling capacity last year. Pag« II ONLY TWO MORE hurdles remain before Woh Kwong achieves what it described as a milestone in
      75 words
    • 338 17 M i THE HEART OFTHE 'TT7T*T>7TI MAERSK LINE I KEEP YOUR APPLES FRESH ™omato: FASTEST TRANSIT i i ft i < M 3*.i lanii ■:> i.a \a >iw <: MM *12 mm* *12 MaM tm Mar MaM tW 19/11 VU 75/11 11/12 2/12 21/12 J/12 27/12 It/12 1/1 23/12 M/l
      338 words

  • Page 18 Advertisements
    • 256 18 T TAJ I? YAM ASHIT A-SHINNIHON LINE U J M C/ TRANS-PACIFIC SERVICES Pacific South WMt I Pacific North Wost I Atlantic/Canada Fndtr at Kao I Faodar at Kao I Faador at Kao ll^M'*TWPafJir r TMI I Bl BtLJi iMHI'HBIUEMI 1 I iBiWiMiM II |j —I '1181 'lITHIBIT TTTT77TT-— r-T^a^T-T1
      256 words
    • 285 18 -NVVSupercarrier Service «/U 14/12 X/ 12 2/1 VI lft/1 27/12 M/ 12 12/1 14/1 21/1 21/1 PH IMI'VH !?7I CONTAINER SERVICE il norwegian specialized autocamers ne jmL-i BARCELONA HAMBURG ANTWERP AGENTS BARBER WILHELMSEN AGENCIES PTE. LTD. SMGAPORE *****77 OUTWMO FIT ENQUMES/BKGS *****50 CUSTOMS* SERVICE *****20 Harrisons I CrosWd (Malaysia) Sdn
      285 words

  • Page 19 Advertisements
    • 419 19 The Straits Steamship Group n Miami Ports and Bangkok Ml Ovrntai Containers Urn i tad 1 flK' ,11 > 3/u wu H/11 a/11 M/U N/12 12/12 14/12 IVI2 21/12 21/12 21/12 M/l M/l 11/1 11/1 IVI 21/1 SIM ITW| 11/12 12/12 15/12 17/12 M/ 12 M/l2 M/l M/l M/l 11/1
      419 words
    • 1031 19 4 BANGLADESH SHIPPING CORPORATION Tender No 2 (Acquisition Of Vmml) International Tandar Notica For Oil Tankar Offers are invited by the Bangladesh Shipping Corporation (BSC) from the Shipyards/ Shipbuilders, Agents/Broken, Owners for supply of Oil Tanker between 110,000 to 135,000 DWT, on the following terms:* (A) Newty built oil tanker
      1,031 words

  • Page 20 Advertisements
    • 314 20 f lUU Years Liner Shipping Far East 7 1886-1986 Z_ 10 UK EXPORTS TO EUROPE MED ROM N CONTINENT &UK IMPORTS ITtei rtmiUa A'aap at sw sw w B SW K M M W SM SM 14/11 IVU 1«/11 17/11 11/11 24/11 21/H 22/H nh»/U 27/11 2«/ll 25/11 34/11 2/12
      314 words
    • 624 20 kp*-l *1, |H> line caMurw FULLY CONTAINERISED SERVICE in riißOPf m A 01 Ac, c KOREAN CHARCf 71* St*N St AS BROS SM FROM t tIROPF VIA SUf s M n fc f o' ,hf Comoft.un, ill I y CONTAIN! RISID I" f Ri'M NORTH SMt RICA At ST COAST
      624 words
    • 300 20 ML Hai Sun Hup Co (f'te) I id TEL *****06 (20 Lines) TLX RS ***** RS ***** ft. 1 \S |<\ \K I I\| K !I > STRAITS/JAPAN/STRAITS SERVICE Loadhf at appropriated Berth P4-P5 NOTE: ALSO CAUJNG OTKR JAPANESE PORTS, HONGKONG, TAIWAN ft CHMESE PORTS. SUBJECT RBUCEMENT IMLintermaritime SOUTHERN AFRICA
      300 words
    • 901 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) FVEA GLOW [*l GRAND EKR GLEAAIY EKR GOIOEN EKR lAUREI ekr gather EKR Gf TED SGP NRG UG RLG PUS OSR M/U 2VU IVII 27/11 J/12 7/12 9/12 11/12 11/12 14/12 lt/12 11/12 17/12 21/12 22/12 24/12 23/12 27/12 29/12 31/12 31/12
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  • Page 21 Advertisements
    • 999 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0 106 Tel *****33 FAR EAST CONTAINER SERVICE MAJAFAHTT OOWA KOTA SMOA SIN JKT MY SIN 4/12 3/12 3/12 11/12 13/12 11/12 It/12 M/ 11 23/11 2S/11 27/11 •TCH TAtCHUMG *MUR HKQ KAO "TCH KEE BUS *MUR *MTC YOK
      999 words
    • 674 21 BENLINE CONTAINERS EXPRESS com WO SERVICE TO UK/CONTMENT Cm*tm lii UmHH Ouki Ity* ■rowi Eiprra* «T C**c«" In TM*la» •w VESSEIS EXPRESS CONTMNER SERVICE FROM UK/CONTKNT v Eiprnt UtH M 17/11 It/11 My IVII 77/11 2/U 4/12 WU 12/12 STON UU 15/11 17/11 U/U 21/11 23/11 27/11 21/11 1/12 4/12
      674 words
    • 305 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESUM LLOYB F T. SAMUKRA IHOOMESIA e P.T. TRIKORA LLOT9 EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE a x T«toic RS ***** Fox u IMiml DJAKARTA LLOYD INDONESIAN NATIONAL LINT EKA JAYA ACENCIES SISAL PTE LTD n=N DJAKARTA LLOYD INDONESIAN
      305 words
    • 429 21 BOUSTEAD SHIPPING AGENCIES m PAGAN VIOM MAMALAY *14 KTONEYWA V2IIW PA-M VIO3V V* BURMA FIVE STAR f Burmese Habonal Line Loadng for Ranfoon Sparc 14/18 N«r 15/1 A MM 15/1 A tav 20/22 Nov BANK LINE NORTHBOUND TO UKC SWOE FORTHBAMK VI7N M Pt TOAMA MUON V 2 19/12 TMBALA
      429 words

  • Page 22 Advertisements
    • 1180 22 Li K LINE KAWASAKI KISEN KAISHA, LTD. IT TtM World B«rvic«) N. GARNET V 6 0. FREEDOM Vll C D BRDGE V 3 PACIFIC COAST mo vs. y pk rasp HBMHTU BR *27 12 MM 13 NOV 14 NOV It mum Ml H more (vu Suez) (n PACIFIC SOUTH WEST
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    • 540 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P Mta| I iMHt VtSMI CAIABAR vJO 77 No. ESTECLIPPtR V 9 14 Ok CALABAR V3l 31 Ok mk Vtssd S pofi MHb htm Sr*i Also Acctj KABSJOAS V3l 19 No. 60k14 Ok 17 Dk AM Ben RAMOAS V? 6 II Ok 74
      540 words
    • 763 22 GOLDEN LINE I<G<o\ GUM GUAM SHPPWG (Pit) LTD V 2J. '«■> ktr Skoat IT —"4 smurm <im m 5343*00 oo net STRAITS/PERSIAN GULF SERVICE: Spo PMtaß|Pw GOIKN WHEN Cotombo Karachi Bahrm 14/17 lh» MUBIMMXI Karachi D»b» Bjtifam'tumart 20/21 Nm Mi run SHAM Fv*o« Nw CHMA OCEAN SHPPMG CO., PEKMG THE
      763 words
    • 406 22 fj INTRASEA (PTE) LT© 10 Anson Rjad "77 16 International P Singapore 0207 Tel *****1 1 i'O L^esi BREAKBULK SERVICE TO EUROPE/UK il S'pvt P. KMm| Lm4M| tarNORMAN QUEEN *****23 15/11 ROT/INT/KLFAST/1M (AWW) BP Hill I RON SHIPPING AGENCIES PI I ID PHIII VRtfN! LINES PIE ITP Ki*n OMICI M
      406 words

  • Page 23 Advertisements
    • 635 23 RNOLr NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): R ami* j7w+ chmci m SS M SM taarai «M at toryo m Mm acctptoig c*t* to/h«i itmtmk N Ciy%iM S p«t FROM EUROPE (VIA SUEZ) imcator m. Sj*<i at TOKYO TWMSaML S *W C I PARS X 19/11 C CONTARO
      635 words
    • 411 23 Mi. I Omm/MM lb. 7 Dm*/MM lb. 1 Oam/MM m mi Mi. i Dwa/fIM lb I OMM/MW Hi. 7 Dna/iIM TW/fll lb OMM/iION >p PR f% Mm ii/ii n/n i«/ii n/n a/ii 4/12 2/12 5/12 4/12 (08-*.) Wl2 17/12 21/12 25/12 */W 21/12 21/12 (OtMfct) VI VI ShlUt «rjNIS Nf
      411 words
    • 445 23 SINSOV SINGAPORE SOVIET SUPPING CO PRIVATE LTD SMSOV BUNJNNG 55. Market Street Snfapore 0104 Tck *****33 (15 Unes) TennM Office: 22M241/2 Cable Address SMSOV SMGAPORE Telex Numbers RS ***** RS ***** RS 2510S f kelang penang 5? TTtSSSSS WSJ? FLOOR HH TNONE SMPPMG 127 Pena, Street Pena* M»„ 5 KLAWG
      445 words
    • 56 23 V/# i.svii/v v/\f J»r*H HONCKOfC STRAItt «fME*_2A W 15/11 MM VIA 15/11 21/11 tmm* Wtct hi W Uny V.U kt InM lSfc Hn. M it KJI ha MM-12M In Dm he m Mk« mytj Mi Ml SHBUSAWA MEBHM ft HI T. TFTW CO. PTE. LTD. 143. Ud SM. #1144 a
      56 words

  • Page 24 Advertisements
    • 395 24 I REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) Sat/SM 115-It/11 groir7i ■I i II ill II en njrjin r?s7jr COir-T4..Titr?•:»»■ f<s 7ii> ["'iirrTTiii Vt i rmv inn hi "i r wm nn FT L.T r i ~M »i wi "IB^iHrTT^MFTTTI 3-4/12 1-7/12 I 1 Ml M: IEE m
      395 words
    • 7 24 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF
      7 words
    • 153 24 We, Oiloder Pte Ltd of 400 Alexandra Road #25-04, PSA Building, Singapore 0511, hereby give notice that in consequence of the intended purchase of the undermentioned vessel, we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Act (Chapter 172, 1970 Edition), in respect
      153 words
  • Page 24 Miscellaneous
    • 130 24 0 0, Regional WHthir b£ m A > 1 |BjK WJm* sc i m m *L Wmd drcction »i#\ n knots LEGCNO R w,— T# dr*ctio« knots WM h*^« Cloudy Shy vc MAcctcd bf tfc® Q On* tul crck* rirnunh cakn or bgM and vanaM* MKk i_— On* «*ch* r*pr*s*nts
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  • Page 25 Advertisements
    • 206 25 LCL/FCL TO NEW ZEALAND a viiPHiiTiTirrTMi -«i TE *****11 (12 IMS) TE *****17/1 TEL 2S3MM-S Fost Direct Regular Services to INDONESIAN PORTS JAKARTA/PANJANG/ KUKANG DILI/ SEMARANG/CIREBON n ET« [TO I OMSK F« msi »n is.ii.* 17.11* HT/m—m MM M 1111K 21.11* HPMB MJ/fMMK/MKMTt Dorfy Receiving Cargo At Airong Port WMARK
      206 words
    • 25 25 BO SHIPPING AGENCIES PTE LTD TEL: *****29 (S Urn) Tk: RS 2SSI3 [>•']'iJ 1 II L'MWA iii DESTMATION Whampoa/Xsinkanc/Shanctui Ctvttagonf/Calcutta CNttagmf/Calcutta CHART POINT every SATURDAY
      25 words
    • 420 25 CORMORANT BULK CARRIERS VANCOUVER B.C. CANADA MDOKSIA/ USA MO CANADA WEST COAST COMENTOML SEIWCE iommc fob tucona ic. anm SMMR WCTORY IM2/12 IVIA/12 2121/12 ona i (mow ran sum ct mducocnt MDOK9A/ UNA CONKNTKMAI SERVICE lOMMC f« MAMAS HALOM HMAT SIBA CMOCR TCMBR PR »U SMMR VICTORY »-2/U J-7/11 >4/11
      420 words
    • 632 25 LINES WEEKLY FCL LCI CONTAINER SERVICE STONE I IKK HKG KM) KIE KOB MOI US KUO KSUK MU 19/U 21/11 29/11 30/11 1/12 5/12 9/12 7/12 TM) YUM VMM 27/11 29/11 9/12 7/12 1/12 12/12 13/12 14/12 KUO LUK Nil 4/12 9/12 13/12 14/12 19/12 19/12 29/12 21/12 TE UINNM
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  • Page 26 Advertisements
    • 403 26 I CROSS WATER 1 *Veekly LCL Services lo KAOSHIUNG/KEELUNG TOKYO/YOKOHAMA ALSO ACCEPTING LCL TO USA/CANADA i> COtkDOOA TO DOOR SEXVIC REGULAR TRANS-SIBERIAN CONTR. SERVICE FCI/ICL TO: KABUL/NAMTIM/TOM/lIAN Mm kt«M/lhnai/M Eastam Evwa Ctmkm. «MUy LCL/FCL Unkn to: HKG, MANILA, AUSTRALIA, JAPAN, KOREA, TAIWAN, USA Agent* MHON-ASIA SMPPMC (S) PTE LTD 24
      403 words
    • 407 26 HEAP SENG TRADING SHIPPING PTE LTD ■001 BEACH ROAD #I*ol GOLDEN MLE TOWER SINGAPORE 0710 TEL NO. *****22 (2 UNCO) TLX NO. RS 2720S HEARCO i »aim;ui aa'-tiiqil».*• 3 -i,>.ii'Ki I ttabyiun Hftf—l MNKIT KENT SOUTH 11 NOV MM 22 NO* 25/21 NO* 21 NOV 2/3 KC C KC t/lt
      407 words
    • 570 26 C.Y. LINE (A Member Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD FUUV COHTWOtSED SERVICE TO EUROfE (VU SUEZ) KPIWK CRYSTAI *37* iokm awicf mm HWJI S£AS no KIN maw WII .Mm Um ftHm tTW| Inm Wm* 1/12 9/12 It/12 11/12 14/12 l«/ 12 IVI2 IC/12 17/12 20/12 21/12
      570 words
    • 611 26 Everett Lines/ COMPANM PERUANA DC VAPOREES (CTM.) "PERUVIAN STATE LINE" i 104*1* tw r t M tut MB. «o and or** Ptrrniw parts mOi Kate J On CPV Thro«fk Ml ot lJdm( to taut intnuUw 1* 21/22 Nw 29/31 Mm 15/17 OK 'EVERETT ORIENT LINE" JAPAN/BAY Of BENGAL/JAPAN SERVICE LOADING
      611 words
    • 209 26 Z I M y *f,ij 1 'ja ;:r m ulat contamer lme m u m n n WJ* 11/11 1/12 7/12 9/12 12/12 M/ 12 IVI2 H/ll 7/12 M/ 12 11/U 12/12 KAI MBS M/U 15/12 AIS TRALIA CONTAKI SUVICE 1 Tirr tix WTiiT^b GOLD STAR LINE GOLD MOUNT MM
      209 words