The Business Times, 25 November 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, NOVEMBER 2S, IMC 75 CENTS
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  • 225 1 STOCK MARKET CONCERN over the court case involving Tan Sri Khoo Tack Puat's Brunei bank deterred investors from moving into the Singapore stock market yesterday. As a result, the Straits Times Industrial Index gained just 3.35 points to 867.02 while the BT Composite Index fell 1.66 points
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  • 310 1 THE EMPORIUM GROUP. whoee fate hangs on the outcome of its meeting with creditors in February, has now lost a long-time suitor in Lion Corporation. Publicly-listed Lion Corp, which was given an option to take up a 60 per cent stake in
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  • 496 1  -  Tycoon's holding now stands at 6.28 per cent ■y RAY HEATH IN AN AUDACIOUS MOVE, which will hsvs cost him around Ss4o million, Tan Sri Khoo Tack Puat has increased his stake in Standard Chartered Bank.
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  • 500 1  -  By ALVIN TAY,MONICA GWEE FORMER National Bank of Brunei director Chen Ping Fang waa told by the Singapore police yeeterday to surrender himself at nine this morning, when he is expected to bs formally charged. A source said that a private arrangement
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  • 63 1 A critical space shortage on airplanes for sea-air cargo destined for Europe or the United States is sending local shippers into a tizzy and cargo agents have had to charter airlines to fly the goods out With the festive season deadlines getting too close for comfort,
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  • 394 1  -  Br SOH TIANG KENG, Financial Correspondent THE SINGAPORE SOCIETY of Accountants is bucking the global trend by barring its members from advertising, according to an American accounting expert. Professor David Solomons, who is in Singapore under the Lee Kuan Yew Distinguished Visitors Programme, said at a press
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  • 323 1 Agencies NEW PHILIPPINE Defence Minister Rafael lleto admitted yesterday that communist insurgents had grown in strength, but said that he favoured a less hardline approach to the problem than his prsdeceesor Juan Ponce Enrile. Mr lleto also told his first
    Agencies  -  323 words
  • 180 1 AP SHARE PRICES on tha Hongkong stock exchange ciosad sharply higher in active trading yeetorday. Tha blue-chip Hang Seng index roae 90.61 points to close st 2343.59 while turnover smounted to HKSI.O9 billion, up from Friday s HK5532.97 million. Prices opened higher, with the msrket indicator
    AP  -  180 words
  • Page 1 Advertisements
    • 50 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM uir/j i i Seating Systems to help you slay tit CPC 5500 A with black leather or fabric covering Head Office: 1 foa Aoyoh Industrial Park *01-1387 Singapore 1231. Tel: *****42 (4 lines) 1 Maritime Square *02-68'9. World Trade Centre Singapore 0409. W: *****46/7
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    • 264 1 S— Pagt SHAM MFOAMATION MONEY ft EXCHANGES RAW MATERIALS AM CRAFT SCHEDULE TV ft RADIO BRISTOW DOONEBBURY OUR VIEW THE DEPARTURE of Philippine Defence Minister Juon Ponce Enrile from the Cabinet allows President Corazon Aquino to carry out her policies more firmly and without the constant interruption of dissidence within
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    • 35 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM |>-}</*$^\,&|(=;&:.]&<?{%_@}|:| a z TIT 1 «i r>' mu/f de Carder boutique SINGAPORE #01-36, Lucky Plaza. 304 Orchard Road Tel: *****27. #01-04. Hilton International Singapore, 581 Orchard Road. Tel: *****95. I
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  • HOME NEWS
    • 451 2  -  By LISA LEE THE SLOWDOWN in construction continued into the second quarter of this year with developers applying for fewer planning approvals in the face of a still oversupplied market. The value of private sector projects which received planning approval from April to June this
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    • 367 2 INDIA'S visiting trade delegation expects the $1.5 billion bilateral trade with Singapore to double within the next three years. SS Sujan, the general manager of an Indian trade company, Usha International Ltd, told BT yesterday India could also tap financial markets in Singapore
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    • 264 2 THE IMMATURITY of Singapore's educational system and its economic structure are hindrances to the Republic's development, says The Economist in a 22-page survey of the country. "The reality is of a workforce in which only the young are sure to be
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    • 636 2  -  By RICHARD SEAH IF YOU BARGE unexpectedly into the office of nutritionist Dr Robert Lin, you might find him on the floor doing push-ups. Or doing chin-upe at a bar by the wall. Or walking around, or sitting down rubbing his ears. "Seize every
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    • 558 2 WARNING: Some vitamin pills may be harmful to your health. This word of caution came from American nutritionist Or Robert Lin, who suggested that Singapore's health authorities "quarantine" vitamin pills and other nutritional supplements before allowing their sale. Dr Lin, himself a formulator
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    • 396 2  -  By MONICA GWEE A MAJOR international garment manufacturer yesterday highlighted his grave concern over Singapore's retailing climate. "Obviously, the Singapore market is grossly over-retailed. When I see all the new shopping centres going up and even more possible, I really wonder who is supposed to
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    • 111 2 DOING WELL in tried and tested areas of work is not the route to higher productivity and excellence. Workers should have the courage to venture into new and unexplored areas of needs where there are no clear solutions, said Mr Ch'ng Jit Koon yesterday. "Doing what we
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    • 76 2 THE Consumers' Association of Singapore (Case) will launch a campaign next February to promote the use of unit pricing so that consumers can more easily compare prices. Case feels it is necessary to educate consumers on the benefits of unit pricing, where prices are given
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  • Page 2 Advertisements
    • 169 2 mm&mm wmmm SCANDUTCH ANNOUNCES ANOTHER BREAKTHROUGH Scan Dutch has reorganized its operations to achieve a major breakthrough in container transport. Starting in December, we'll be sailing direct from Singapore to Northern Europe, cutting up to 5 days off our transit times depending on the destination. For example, our weekly run
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    • 58 2 FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy aH day 1. Csntssn, Sanitary facMibee/water electricity supply, sprinkle system. 2. 4 Unit of 2£KU 1,000 K.VJL Transformers, suitable for all types of industry except food. 3. likmto JurongPort/off Jalan Ahmad Ibrahim. 4.
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  • ASIA-PACIFIC
    • 534 3 Reuter FEARS OF AN IMPENDING COUP were absent from Manila's streets yesterday for the first time in months after President Corazon Aquino surprised many people with s bold stroke of her own. The old song "Oh Johnny, oh Johnny, how does it feel",
      Reuter  -  534 words
    • 359 3 AFP CHINA is to invito foreigners to msnage some of its science laboretoriee ss part of a programme to boost exchanges with the outside world, according to the New China News Agency. Some key state laboratoriee, including 50 at the
      AFP  -  359 words
    • 117 3 Bernama NINETY PER CENT of all social scientists in the world are from developed countries while an equal percentage of all research and development funds are controlled by six developed nations, sccording to an Indian social scientist. Dr Jaganath Pathy of the South Gujerat University
      Bernama  -  117 words
    • 266 3 Bernama THIRD WORLD countries will continue to face an outflow of capital unless they are technologically self-reliant, according to a researcher from Thailand's Scientific and Technological Research Institute. Dr Vichitvong Na Pombhejara said the reason for the large amount of outflow of revenue
      Bernama  -  266 words
  • Page 3 Advertisements
    • 336 3 No other portable has ever been carried this far Off the shelf IBM compatibility/ MS DOS 12 Full-size 80 x 25 super-twist LCD screen 512 KB RAM, expandable to 1 MB CGA graphics compatible Internal 10 MB Winchester Optional 300/1200/2400 internal modem (synch/atynch) High speed 8086compatible CMOS :ro processor (BMHz)
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    • 165 3 TOP OF THE CLASS! •1 Thai's Royal Executive Class has been voted the Best Business Class in the 1986 Airline of the\fear Awards We admit we had gone to extraordinary lengths for the business traveller. Wider-than-normal seats and legroom. Exquisite linen, fine porcelain, silver cutlery and a choice of menus
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  • REST OF THE WORLD
    • 385 4 BARCLAYS International Reuter, AP BARCLAYS BANK of Britain, which has been under heavy pressure from anti-apartheid campaigners, is pulling out of South Africa. It has sold its 40.4 per cent holding in Barclays Bank South Africa for 527 million rand (US$235 million) to the
      Reuter,; AP  -  385 words
    • 620 4 UPI THE DIFFERENCE between a trend and a condition, says Carolyn Corbin, is that with the former one has a choice of response but with the latter the response is imperative. In her new book "Strategies 2000: how to prosper in the new
      UPI  -  620 words
    • 197 4 AFP A PERSISTENTLY weak pound will push inflation above British government estimates next year, but unemployment should fall below three million by 1988 owing to steady economic growth, says the Confederation of British Industry. Government unwillingness to raise interest rates in
      AFP  -  197 words
    • 478 4 AP THE NATIONS of the world are spending nearly US$9OO billion on weapons in 1986, the United Nations' International Year of Peace. A report compiled by Ruth Leger Sivard, the former chief of the economics division of the US Arms Control and Disarmament
      AP  -  478 words
    • 239 4 NYT NEW ORDERS for Ameri-can-made machine tools rose 30.1 per cent in October from the disappointing levels of September, according to a report released yesterday by the National Machine Tool Builders Association. Industry analysts attributed the sharp increase to a delayed batch of
      NYT  -  239 words
    • 174 4 AP THE US ECONOMY will .continue to grow at a moderate pace in 1987, fuelled by an upawing in exports, according to the prediction of a private business research organisation. The Conference? Board's economic forum said it expected consumer spending to cool next year.
      AP  -  174 words
    • 265 4 NYT THE ACCIDENTAL dumping of 30 tonnes of agricultural chemicals into the Rhine during a fire near Basel on Nov 1 is expected to lead to tightened regulation in Switzerland's chemical industry. In addition, environmentalists say that the incident, widely seen
      NYT  -  265 words
    • 844 4 ARRIVALS Operator S*rvk» Local From number tifM MAS MH8II 0910 PW MAS MH671 0920 KUL su SQ103 0950 KUL AC AC858 0950 TYZ/LHt/IOM CPA CX710 1015 CGK MAS MH603 1020 KUL OA ***** 1090 8WN GtA GA960 1100 CGK SU SQ105 1105 KUL swt St 162 1145
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  • Page 4 Advertisements
    • 205 4 Now WE Fly THERE 35 TIMES A WEEK. 9 Ml lb -v 1Sm 4 IP V 1 j v (0 M m r:~~ V iM 1 ff £>"■ Korean Air now flies to the U.S.A. 35 times a week from Seoul. And, of course, there are convenient connecting flights from
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    • 62 4 I lA/ The business person's choice, every I I II \I I If II I Tuesday, Thursday. Saturday and I 1 VI \l I #1 II \l Sunday. Leaving Changi Airport at I iyyl. I.l—J 1 22:05 hours and arriving at Heathrow at 06:45 hours the following morning. Call Air
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  • Page 4 Miscellaneous
    • 80 4 Doonesbury ftrzr/ M vv^-'i r,= NOT ATALL.SENOR. HHENAMM IS ABOUT TOPVMPtWMUONN--70 THE HONDURAN ECONOMY, HE VEr wSERVBS MYPERSONAL W THANKS'. m vn y *,V iMateig s'kitei3 BY GARRY TRUDEAU >64/*, ANDTHATPO&NTEV&J INCLUDE THE HUNDREDS OF MILLIONS IN ECONOMIC ANP MILITARY A!P RAY OUT TO RENT THIS COUNTRY AS A SJA&N6
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  • Page 5 Advertisements
    • 273 5 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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  • RAW MATERIALS
    • 153 6 Reuter INFORMAL MEETINGS in Kuala Lumpur between major rubber producers and consumers on the future of the International Natural Rubber Agreement (Inra) have ended inconclusively. Thailand's Manaspas Xuto, Inra's re-negotiation chairman, said last week that both sides needed more time to overcome differences over
      Reuter  -  153 words
    • 75 6 Reuter INDONESIA has stopped accepting foreign applications to invest in its coal mines. Director-General of Mining Sutaryo Sigit said last Friday that demand was low and that new investment applications would not be processed until export markets were secured. "With the Pacific Basin
      Reuter  -  75 words
    • 66 6 Bangkok (USS/tom*. FOB) White Rice 100% 1st ctOM 250 100% 2nd doss 215 100% 3rd don 210 5% 200 10% 195 15% 190 20% 180 25% 175 35% 175 Broken Rice A-l Super 123 A-1 Special 120 C-1 Special unq C-l Ord unq Loonzain Rice 100% 1st grod« unq
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    • 201 6 MALAYSIAN crude palm oil closed higher but off the highs as late profittaking trimmed gains in moderate trading yesterday. Last week's uncertain Chicago soyabean futures depressed early sentiment but levels rose by midday on covering due to last week's reported Indian purchases of RBD olein and neutralised palm
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    • 88 6 OIL PRODUCTS RELATIVELY QUIET because Japan was on holiday yesterday, but naphtha C+ F Japan moved lower in line with recent sharp drops in the European market. Other products remained stable. Closing prices for crude (fob origin) US$/barrel Change Dubai (Dec) 13.90 -0.05 WTI, West Texas Intermediate, (Jan) 15.40 0.19
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    • 105 6 THE PRICE ot tin on the Kuala Lumpur Tin Market yesterday fell 14 cents to M 516.06 a kilo in a technical correction to last Friday s sharp rise. Dealers said the fall was due to increased offerings, which accumulated over the weekend as a
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    • 120 6 WESTERN world output of primary aluminium rose to 1,012,000 tonnes last month, its highest level since May this year, against 971,000 tonnes in September and 1,010,000 tonnes in October 1985. Latest statistics from the International Primary Aluminium Institute showed that average daily output in
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    • 132 6 SINGAPORE The rubber market closed firm with December One RSS buyers quoted at 178.25 cents/kilo, up 3.25 cents from last Friday. Trading in the TSR-20 market was very quiet. TSR-20 December and January closed at 164.00 cents/kilo, up 2.50 cents from last Friday. MALAYSIA The Malaysian rubber market closed
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    • 134 6 Chines* Produce Exchange Sollon' noon doting prieot on Nov 24 (S$/100 kg). Coconut oil FOB 66.00 Old drum FOB 76.00 Now drum FOB 86.00 Rotooita 20/25% FOB NSW Nutmeg 110 FOB NSW BWP FOB NSW Gambler FOB NSW 535.00 1405.00 1289.00 330.00 Copra Mixod (loot*) Popper Muntofc Whit*
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    • 306 6 RAS priCOS In S c*ntmAg, FOB In b»l* NOON CLOSE 8uy*n S*ll*n ftuyors Int 1 RSS Prompt 178.00 179.00N 178.75 179.75N lot 1 RSS Doc 86 177 JO 178 JO 178.25 179.25 Int 1 RSS Jon 87 176 JO 177.00 177.00 177 JO Int 2 RSS OP
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    • 92 6 (cants/kg. l-too pollati) g 6 JAN 87 (currant month) (forward month) NOON NOON RAS •wyan Sadan Ivyan Saltan SSR 30 167 JO 169 JON 168 JO 170 JON SSI 50 164 JO 166J0N 165 JO 167JON MRELB Ivyan r _u J®'*'® Ivyan Saltan SMR CV 278.00 280.00N
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    • 827 6 COFFEE Robusta futures yesterday consolidated around higher mid-morning levels in routine trading up to the midday recess, ending just below the highs with gains of £45 to £63 a tonne. The market paused below overhead resistance around £2,140 on January ahead of the New York opening. Sentiment was
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  • Page 6 Advertisements
    • 12 6 TF 7250 TX. 70cm /28" 2 x 20W Stereo Below 51.680 Tele
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    • 703 6 ADVERTISEMENT —The name Thomson is one of the best known brands in Europe. Not surprising when you realise that 50% of all television sets made in Europe are manufactured by Thomson. Television sets that epitomise the state of the art technology that has put Thomson ahead of the rest. For
      703 words
    • 120 6 P27C 270 SBCText Tue 04 Nov MEW YUM 0 m CI:RFFPLV 1.1 1 3/3 I i >Pt TGN ;*•»».'t' Atis t ra I i ari it GrazsEsesa to Iva af tr ct »r» i 3h C'-f >v" He nc»>:c>rwr> i i f£'. 1 r i rtoo i X r i
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  • Page 7 Advertisements
    • 278 7 I run, what you would call, a global gifts and-greeting company (we're a bit older than Hallmark). I 'ho-ho' all the way from Time Square through Piccadilly Circus to the Ginza. So, communication is top priority Good help is important here. And I have I got a great little helper
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  • FEATURES
    • 579 8 BY GETTING rebellious defence minister Juan Ponce Enrile to leave the Cabinet the way he did, Philippine President Corazon Aquino achieved two things. There had been speculation for some time that Mr Enrile would be asked to resign, or that he would resign. Both happened on
      579 words
    • 1858 8  -  Promotional teams have been so successful in bringing in more and more sea-air cargo to be shipped via Singapore to Europe or the US that they have, Ironically, created a whole set of problems for the industry. LIM SOON NEO reports. LIM
      1,858 words
    • 567 8 AFP THE DAYS are numbered for the old Luk Kwok Hotel in Hongkong, for 53 years a favorite haunt of old China hands, American Gls and the legendary Suzie Wong. At the end of this year, builders are scheduled to begin transforming the continental-style structure
      AFP  -  567 words
  • Page 8 Advertisements
    • 265 8 oo o 0 O O O, O o o O o o cP From this day FORWARD Two leading, Jersey based, fund management companies: Britannia International Investment Management Limited and MIM CJersey) Limited have joined together to form one of the largest investment fund management companies in the Channel Islands:
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  • Page 8 Miscellaneous
    • 685 8 CRYPTIC PUZZLE ACROSS 3 It's played in matches, sometimes (5) 8 Forename of the returning wanderer (5) 10 A weapon it's wrong to clean! (5) 11 It gives athletes a start (3) 12 A bighead needs space to sweep with it (5) 13 Entertainer who gets the bird right at
      685 words

  • SPORTS
    • 320 9  -  By JEFFREY TSANG THE FONDA RACERS may have had the most impressive boats, the highest speeds and even the most spectacular spills but for the hundreds of thousands who thronged the rim of Marina Bay on Sunday to watch the
      320 words
    • 681 9  -  By DAVE ANDERSON NYT MIKE TYSON'S vocabulary is often as violent as his fists. In discussing his secondround knockout of Trevor Berbick, the new World Boxing Council heavyweight champion talked about how "I was coming to destroy him and every punch had a
      NYT  -  681 words
    • 779 9  -  Powerboat race organisers can still improve upon successful debut By BRIAN MILLER IT WAS a happening alright. A world-class gathering of champions brave men in awesome machines battling the elements in a unique contest that we have now come to know as powerboat racing. Aside
      779 words
    • 278 9 AP A SWEDISH yacht club has confirmed that it will buy South Australia. a 12-metre yacht competing in the America s Cup defender trials. "We have agreed in principle to buy South Australia," said Tomas Wallin, who is purchasing the yacht with
      AP  -  278 words
    • 424 9  -  WALTON MORAIS LELA ZAINAL, Singapore's jewel on the tennis Nile, takes off on a flight of fancy next month to team up with the man who coached Pat Cash to stardom. The 14-year-old tennis star, who last week won the Perlis International junior singles crown,
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    • 67 9 Reuter ROSS NORMAN of New Zealand was set to face a re-match against Pakistan's Jahangir Khan, the man he deposed as world squash champion in Toulouse, in the Swiss Masters Grand Prix final yesterday night. Norman beat Australian Chris Robertson 9-0, 9-6, 9-1, in
      Reuter  -  67 words
    • 193 9 AP MARTINA NAVRATILOVA of the US put a clamp on her newest and youngest rival last Sunday, defeating Steffi Graf 7-6, 6-3, 6-2 to capture the US$l million Virginia Slims championships in New York and push her winning streak to 53 matches. It was
      AP  -  193 words
  • Page 9 Advertisements
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  • Page 9 Miscellaneous
    • 1096 9 W (MD mm TUESDAY PREMIERE And Justice For All 10.30pm, Channel 5 ft mi -r Bright and entertaining, if not entirely plausible, this movie stars Al Pacino (right) as a passionate young lawyer who is called upon to defend his courtroom enemy, Judge Kirkland (John Forsythe) on a charge of
      1,096 words
    • 21 9 Play golf the Sevvy way TH€ FOLLOWTHHOUGH can reveal a cor ABOUT THE G>WtNO PLANE... m IF THE HAhfPS POINT TO
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  • INTERNATIONAL COMPANY NEWS
    • 663 10 Focus on insider trading NYT CAMBRIAN GENERAL SECURITIES PLC, the British investment fund formerly run by Ivan Boesky, has decided to try to sell its portfolio of stocks and liquidate the company, an adviser to the fund said on Sunday. At an all-day board meeting
      NYT  -  663 words
    • 294 10 NYT GARY LYNCH, the director of enforcement at the US Securities and Exchange Commission, has a rule of thumb for defining illegal insider trading. If an investor has reason to suspect only suspect that a stock tip is based on private corporate information and
      NYT  -  294 words
    • 364 10 NYT THE HEAD of the Securities and Exchange Commission last Friday defended the agency's action in permitting Ivan Boesky to sell US$44O million in stocks while he was negotiating his insider trading settlement with the commission. The action produced an outcry on Wall Street.
      NYT  -  364 words
    • 195 10 Reuter THE CHAIRMAN of the US Senate banking committee said he will launch an investigation of Wall Street insider stock trading and that speculator Ivan Boesky is likely to testify. Senator William Proxmire, Democrat of Wisconsin, said also that Congress should consider new controls on
      Reuter  -  195 words
    • 593 10 Reuter THE INSIDER TRADING furore raging in New York and London is unlikely to find an immediate echo in Frankfurt since use of insider knowledge in securities trading is not a punishable criminal offence, stock msrket sources say. But if
      Reuter  -  593 words
  • Page 10 Advertisements
    • 127 10 Wltere id true, diae tund natetMa ■J NOVEMBER Delight in the appetizing aroma of seafood, beef, spare ribs or Italian noodles with veal meat balls stewed and served in an earthen casserole. Enjoy these different stews, with wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement
      127 words
    • 125 10 It's the NEU FACES.. Fresh from their European tour. fhe NKIJ FACF.S Veteran and versatile musicians Rock n Roll Fop I" Nev\ Wave excellently performed tor grand entertainment Nightly except Sundays -\t the Alcove lounge where the beer cheapest among hotel lounges cove 1 a a MAGICALLY HYATT 1 1
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    • 108 10 ALL YOU WANT M 119" nJI X rn $6 80 per person T>i*«'XuS. Lunch: II am to 2.30 Sundays Public Holidays: 8 am to 2.30 pm 181. Kitchener Road, Singapore 0820. Tel: *****22 IP »7 iHJiiii mm SUPER-VALUE SEMINAR PACKAGE For Ss2onett per person per day, all these complimenwies: Seminar
      108 words
    • 92 10 The Heritage Bar 11.00am—7.00pm Live Entertainment Daily FromsXX)pm FURAMA SINGAPORE HOTEL 10 Eu Tong sen street Singapore 0105 Tel: 533 3888 TIEN COURT For a whole new Sichuan experience! JL Tien Court presents a feast of spicy Sichuan dishes prepared exclusively for you through the exceptional skills of our famous
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    • 128 10 i lA*' >J '>; Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to come for lunch or dinner J any day. *53:1
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  • ASIAN STOCKS
    • 470 11 HONGKONG: Share prices yesterday closed sharply higher as a wave of demand from institutional investors propelled the Hang Seng Index to its biggest one-day gain in more than six weeks, brokers said. The index surged 69.61 points to 2,343.59, reaching its highest level this month. Turnover surged to HK$l.O9
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    • 219 11 Kolin 25.50 0.2 NOV M All Sincara Indua Aaia Camant NT 2.01 28.00 34 00 0.18 -01 Kuochan Dav Laa Chang Yuan Cham Indus Uan Hwa Indua Nan Ya Plaa 22.20 29.20 23.30 34.70 unch 0 6 0.3 unch 40 30 •07 Pacific Con# 21 20 -2.1 Chang Loong
      219 words
    • 73 11 NOV 24 Acoje Mining pesos Marsteel Oriental B Phil Overseas OO unch 0002 003 12.5 0 023 0M1 Picop B PLOT Attn Con. B 23 -1 San Miguel B 78.50 4.5 Basic Petroleum Benguet Con. B 0 00S5 110 0 001 unch Seatront Sime Darby ...0 018 ...21 50
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    • 120 11 WON Kal 1290 unch 1786 26 Kangwon Ind Kia Motor 1070 1720 9 20 560 -18 Koton Ind 1950 90 Daewoo Corp 1179 -11 Korea Long Term .1540 -30 Daewoo Heavy 1400 -20 Lucky Ltd 1660 30 Daiahln Securities 3150 250 Oriental Brewery 1320 15 850 Oriental Chem 1800
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    • 151 11 Reuter BANGKOK: The Stock Exchange of Thailand Index was down by 0.94 to 181.30. Turnover totalled 546,396 shares worth 99.4 million baht. The Tokyo market was closed yesterday NOV M BAHTS Ao Kham Thai -4 Slam Camant Siam Citizana Siam Citizana laaalng 741 •uap •uap •18 Ayudhya Invaatmant 202
      Reuter  -  151 words
    • 401 11 SYDNEY: Australian share markets closed lower yesterday with sharp falls by gold-related stocks partially offset by scattered buying in the industrials, brokers said. "Trading was basically predictable following the fall in gold prices but the industrials gained some heart from the higher close on Wall Street before the weekend,"
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    • 227 11 AP CALTEX, which owns 50 per cent of the Honam Oil Refinery Co of Seoul, South Korea, has decided to turn over the right to manage the company to South Korean partners, officials at the joint venture said yesterday. However, they said Caltex will
      AP  -  227 words
    • 250 11 Reuter MAJOR ACQUISITIONS in the US last year and improved existing business were behind News Corp Ltd's rise in net earnings for the first quarter ended Sep 30, the company said. Net profit rose to A 557.97 million from A 535.29 million a year
      Reuter  -  250 words
    • 314 11 Reuter SHARE PRICES rose in Manila yesterday as investors backed President Corazon Aquino's dismissal of defence minister Juan Ponce Enrile. Minister for Trade and Industries Jose Concepcion said foreign investors, who have shied away from the Philippines, would read the ouster of Enrile
      Reuter  -  314 words
    • 120 11 Reuter INDONESIA'S annual gold production could double from its present unofficial level of three tonnes within the next five years, and reach about 7.5 tonnes in eight to 10 years, Hardjoko Saputro, spokesman for the Ministry of Mines and Energy, said. Hardjoko was speaking after
      Reuter  -  120 words
    • 50 11 Reuter DAIWA Securities Co Ltd is offering US institutional clients portfolios designed to employ an arbitrage pricing model made to track the Tokyo Stock Exchange. The model assesses stocks based on factors such as unanticipated changes in the inflation rate, interest rates and business cycles.
      Reuter  -  50 words
  • Page 11 Advertisements
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      107 words
    • 139 11 r«j3 \r. -c 4 X -y f r To turn your night into gold with Freaky Freddy.. just boogie down to the Black Velvet Gold Club. One of the top discos in town. Featuring Laser Light shows and the most fascinating light effects around. Located on the Ist floor mezzanine.
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    • 91 11 PH m <i i l:!i ,li Ji I JjOJT: r M 7 -i i f Exciting a la carte menu of Asian and European favourites Daily Set Lunch (Local. Western Indonesian) Every Saturday Buffet Lunch plus Exerting Fashion Show /"> SINGAPOREg gg m g peninsula hotel 3 Coleman Street Tel:
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    • 159 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50
      159 words
    • 117 11 p. w Food 4 Room Package s -~>- sv X K c ~y+-" Deluxe Single double occupancy s s66 tt 19 CtmhtU Oc«« Singapore 0922 T«4 *****22 T«*«* RS ***** Amp* Hm parking Car ipcfcay I a m > s -1 *2 m w K For only $280*, enjoy a
      117 words

  • BANKING AND FINANCE
    • 725 12 Reuter. THE IMMINENT DEREGULATION of New Zealand's banking industry is attracting foreign banks and spurring the country's financial institutions to manoeuvre into position in what looks set to be a fiercely competitive market, according to bankers and industry analysts. B.ankers' Association president Max Bradford
      Reuter.  -  725 words
    • 231 12 AFP THE CHALLENGE posed by Chinese and Japanese banks is expected to intensify competition in Hongkong's increasingly cut-throat banking sector. Bank of America senior vice-president Stephen Hunt said in the colony last Friday: "This two-pronged competition from China and Japan means unprecedented
      AFP  -  231 words
    • 158 12 AFP CREDIT LYONNAIS has agreed to make a US$lOO million direct loan to Vnechtorbank, the Soviet foreign trade bank. Credit Lyonnais chairman Jean-Max i me Leveque, in making the announcement in Moscow on Saturday, described the eight-year loan as "one of the largest direct loans, if
      AFP  -  158 words
    • Article, Illustration
      839 12 SINGAPORE: THE US DOLLAR closed slightly higher against major currencies yesterday, after fluctuating narrowly in quiet trading as some buying alternated with selling. Most operators were reluctant to create large positions in the absence of fresh factors, and the closure of the Japanese markets for a national holiday
      839 words
    • 181 12 Interbank rates at 3pm yesterday: ■M OMor rwepart* Local dollar* to on* unit of foreign currency: US doftor 2.1940 2.1950 2.8 1 96 -22.19 povrxJ 3.10«8 3.1125 7.3469 -5739 Auetraflan dollar 1.4151 1.4179 3.4286 -58.73 NZ dollar 1.1364 1.1392 3.4286 -66.86 C rm n rll nn Loooa tor
      181 words
    • 493 12 Reuter US CREDIT MARKETS should improve further this holidayshortened week as forthcoming economic data are expected to show continuing sluggish growth, according to economists who predicted yields to be lower by the end of this year. "The outlook favours an increasingly positive
      Reuter  -  493 words
    • 589 12 BA Futures MARCH Eurodollar opened at 94.11 and traded higher to 94.14 on news that the US and West Germany were likely to reach agreement on interest rates cut. However, the contract was quickly sold off later. Liffe opening saw prices slightly firmer with the Dec Eurodollar closing at
      BA Futures  -  589 words
    • 227 12 HONGKONG: Gold closed little changed from its previous finish, but around the middle of yesterday's range in fairly quiet trading. Some local buying interest lifted gold initially. Selling from local and overseas traders in the afternoon depressed the metal, which recovered towards the cloee. The metal ended at
      227 words
    • 236 12 Asian market ASIAN dollar deposit rates closed steady at opening levels in quiet trading yesterday. Activity was slow as most operators were sidelined on lack of fresh factors. The closure of the Japanese markets for a national holiday also dampened interest. Asian dollar CD rates remained steady in quiet trading.
      236 words
    • 114 12 THE OVERNIGHT rate on the Singapore interbank market closed at 2 1/2 per cent yesterday, down 1 3/4 point from Friday. All the term rates each fell 1/4 to 3. 1 S$ Interbank rates at 7pm yesterday: OH* Md Ow"t*« 2 1/J 1/4 I-mmMi 3 2 7/« 2hm«Mi
      114 words
  • Page 12 Advertisements
    • 131 12 In NZ Dollars your money could be earning around c *5e f/i -r» Rates vary throughout the day, but because we're owned by the Government of New Zealand, we will probably be able to give you a better rate for your fixed deposit of a minimum NZ$5O,OOO. No commissions or
      131 words
    • 38 12 KWWWWWWWWWVI 'Attar deduction of all commotions and our partormanca faa a Individual Portfolios from $50,(XX) Syndicate Shares from $S.(XX) Full information and enquiries write to: The Adverfeer Kreta Ayer P.O. Box 309(M) I in US dollars WWWWWWWWWVx a
      38 words

  • SHARE INFORMATION
    • 4037 13 SHARE PRICES closed mixed on the Singapore stock market yesterday as investors took to the sidelines in the wake of uncertainties over the Brunei bank fraud case. According to stock brokers, price movements were erratic yesterday. They said the market opened easier in
      4,037 words
    • 229 13 SINGAPORE Rises f 4 N 910 Not Iran 411 Wwm 4M I'M MO MnamMtfa 454 ms 430 Jurwi fng 50* 332 UlC 249 Spor» Im Mt H»o Hwf 142 Qntly jig NST SOS C SwMw IM Falls 0 1 S MO On* '■!< M 1100 Kaota Sdtai
      229 words
    • 3806 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwiee specified. All Time Settlement Contracts are quoted after the word "SETT'.
      3,806 words
    • 225 13 LINGUI DEVELOPMENTS Berhad: 18th AGM at 3rd Floor, Wisma Huajiang, Jalan Hang Lekiu, Kuala Lumpur tomorrow at noon. KUMPULAN EMA8 Barhad: 13th AGM at Kristal Suitas 1 2, 1st Floor, Petaling Jaya Hilton, No 2, Jalan Barat, ***** Petaling Jaya on Thursday, Nov 27, at 3pm. ASIATIC DEVELOPMENT
      225 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 799 14 Gunn has big plans for enlarged B C group One main task is to blend Exco into organisation FT BRITISH COMMONWEALTH Shipping Company's eye-catch-ing £673 million bid for Exco International, the money broking company, has been described variously by the City of London as sstonishing, bold and rich in irony.
      FT  -  799 words
    • 280 14 FT JOHN GUNN is a most determined man. Having left Exco last September becauee of board disagreements, he now swallows the business whole, while spitting out its senior executives. It is a bit odd that Exco should have agreed to being
      FT  -  280 words
    • 456 14 SHARE PRICES continued to slide at the Kuala Lumpur stock market yesterday in dull trading as apprehensive investors preferred to keep a low profile throughout the day. The market opened weak with sellers dominating the scene. But after the mid-morning break, light bargain-hunt-ing activities helped
      456 words
    • 533 14 MBT MATSUSHITA Electric Industrial Co of Japan plans to invest more than MSIOO million in its Malaysian subsidiary, Matsushita Industrial Corp (Maico), over the next few years. It wants to expand the range and capacity of Maico's products in line with its
      MBT  -  533 words
    • 343 14 ALTHOUGH METAL BOX Singapore's Thai subsidiary was expected to face stiff competition, it managed to perform significantly better in the first half of this year than it did in the depressed first half of last year. That helped the Metal Box group booet
      343 words
    • 2127 14 INDUSTRIALS Acma *****) Alcom BIS) (12) 78 (91 79 (8) 77 111) 76 (7) 74 (S 75 0 80 0) 82.5 (8) 82 5 IS 82 (83) 83 (10 64 111) BXS (D 805 (11 81.5 (14) 81 ABB (606 61$) (91 99 ID 59.5
      2,127 words
    • 107 14 HONGKONG Hongkong Index Monday 1406.53 Friday 1442.47 WMk 090 1424 36 AH Industrials Monday Friday WMk ago NEW YORK 2132.7 2137 J 2104.1 Hang Song Index Monday *****9 Friday 2273.96 WMk 090 *****9 Dow Jones Friday Thunday WMk 090 *****6 *****6 *****9 TOKYO Standard Poors Nikkei Average Monday
      107 words
    • 239 14 Monogers' prk*» for Nov 25 Singapore Unit Trust Tha Commix* 0 90 097 Tha Savings Fund 041 0 87 S'pora Prog Fund 0 3* 0.38 S'poro W Fund 0 59 044 Sport InvM Fund 0 68 0 73 S'pora Equity Fund 044 048 Asia Unit Trust Mol lnv«t
      239 words
    • 269 14 MBT TALAM CORPORATION Bhd, a leasing and property development group in Malaysia, is diversifying into plantations. The company announced yesterday that it had entered into an agrepment with Tujuan Holdings Sdn Bhd to acquire Taat Seng Estate in Raub, Pahang, for M 512.8 million. Taat
      MBT  -  269 words
    • 747 14 Cwwl fa ■eola 1Mb Total tar Total tar ctoee peyatota fee year lata year A B N 13%%! Aug 19 NYA NYA 13 K% 27% A 1 S s%iw OK 5 DK 17 DK 23 10% A Enterprises 3%l Nov II Nov 21 DK 10 3% 22% Amoi
      747 words
    • 544 15  -  By AMY CHEOK ASEAN RESOURCES LTD. along with Southway Properties Pte Ltd and International Associated Co Pte Ltd, is selling almost $35 million worth of residential properties in Singapore to a joint venture company owned by IGB Corporation Bhd and its sister company,
      544 words
    • 344 15 PUBLIC BANK Bhd is looking into the possibility of taking over "the unencumbered assets and deposit liabilities" of Koperatif Serbaguna Malaysia (KSM). This was disclosed by Public Bank in its reply to a query from the Kuala Lumpur Stock Exchange which asked for
      344 words
    • 528 15  -  General offer expected after change in control By ALAN LEE CONTROL of SRI HARTAMAS Corporation Bhd (formerly known as Folex Industries Bhd) is to change hands soon. The controlling shareholders of SHC Datuk Wong Kee Tat. Datuk Syed Kechik and Tan Sri
      528 words
    • 494 15  -  By LORETTA McLAUGHLAN CYCLE CARRIAGE Bintang Bhd, the Kuala Lumpur-based associate of Cycle Carriage Ltd which distributes and retails Mercedes Benz vehicles, has succeeded in arresting its heavy losses in the second half of the year to end-September. But even though second half
      494 words
    • 103 15 SHINGKWAN Investment (Panama) SA sold 1.25 million Singapore Land shares last Friday. As such a large transaction was not recorded in the Singapore stock market either on Friday or yesterday, it appears that the sale was done off-market. The seller was Mr Taochaifu Choofuang,
      103 words
    • 98 15 NATIONAL IRON and Steel Mills is teaming up with Malaysian-based property group Pelangi Bhd to manufacture and sell hydrated lime and other related products. The two companies said they had reached agreement to form a joint venture company based in Johor. National Iron, through
      98 words
    • 148 15 A SUBSIDIARY of the New Straits Timee Press (Malaysia) Bhd is to acquire a 10 per cent stake in Sistem Televisyen Malaysia Bhd (STMB) for a cash consideration of Mslo million. Pitisan Sdn Bhd, a whollyowned subsidiary of NSTP, entered into the sale
      148 words
  • Page 14 Advertisements

  • Page 15 Advertisements
    • 51 15 IF YOU WANT TO KNOW wm j V i r 1 m /S V V <►* A Has trie sjock market bamshedfhe ghost of ClvistmtJs-tfast? What^should' you naßpvgaylexecutive? Does Sothebys tHirilyoingapore canl3e-qn antique centre? What shape is thebankirtg industry in rnig^Shristmgs? GET YOUR COPY OF SINGAPORE BUSINESS TODAY A Times
      51 words
    • 213 15 The Singapore Association of The Institute of Chartered Secretaries and Administrators is organising A Seminar On THE COMPUTER AS A PRODUCTIVITY TOOL Date Venue Fees Reservation FEATURING TOPICS 28-29 November 1986 "Gateway", Pan Pacific Hotel (2nd Floor) $220 per participant Ivy, Tel 222-6063 a half day and a n TOOL*
      213 words

  • 205 16 Ipeter THAM TRIAL THE CASE OF Peter Tham, the former director of Pan-Electric Industries who faces 10 charges of abetting criminal breach of trust, is to be mentioned again on Feb 7 next year. It came up for mention in the Subordinate
    205 words
  • 94 16 AP A 1978 POLITICAL campaign that saw the eclipse of leftists snd the rise of pragmatist Deng Xiaoping to undisputed power was the top event in China in the past decade. The magazine Forum listed 17 major events since 1976, the year
    AP  -  94 words
  • 20 16 PARLIAMENT will sit on Dec 9 at 11am, the Clerk of Parliament, Mr A Lopez, announced yesterday.
    20 words
  • 475 16  -  By LEE HAN SHIH, Properly Correspondent THE PRIVATE residential property market could remain firmly in favour of buyers over the next three years, according to the latest official statistics. Figures from the Ministry of National Development show that there were still some 15,000
    475 words
  • 420 16 OFFICIAL STATISTICS on real estste and construction which used to appear in three publications have been compiled in one book printed once in three months. And a new index on property prices might also be added, said a senior official of the Ministry of
    420 words
  • 305 16 Bernama THE JOHOR BRANCHES of the three chambers of commerce and industry and state manufac* turers have decided to cancel the special meeting this Thursday to set up a coordinating committee for the Johor-Singa-pore Joint Trade and Industry Association. Johor Malay Chamber of Commerce and
    Bernama  -  305 words
  • 163 16 AFP MALAYSIA wants to see an expansion of two-way trade with the Soviet Union, a senior Malaysian official said yeeterday. Deputy Trade and Industry Minister Kok Wee Kiat said trade between the two countries last year amounted to M 5539 million, representing
    AFP  -  163 words
  • 69 16 Bernama THE Malaysian Cabinet, at its meeting in October 1060. discussed the setting up of Maminco, Deputy Finance Minister Datuk Sabbaruddin Chik said. The meeting discussed the setting up of a tin stockpile by the Finance Ministry to support the declining tin price at that
    Bernama  -  69 words
  • 68 16 NST DEPOSITORS with several of the 24 Malaysian de-posit-taking cooperativee whose assets have been frozen, may be able to withdraw some of their money soon. The chsirman of the action committee set up to safeguard the interests of the DTCs, Ng Kek Kiong, said yesterday that
    NST  -  68 words
  • 82 16 NST MALAYSIAN National Front MPs hsve given full support to the Official Secrets Act (Amendment) Bill, which is expected to be tabled in Parliament early next month. They pledged to support the Bill after a meeting at the headquarters of the United Malays Nation- al Organisation
    NST  -  82 words
  • 337 16 COPIES of the Asian Wall Street Journal were refused entry into Indonesia yesterday. No reasons were given for delaying the releaae of the newspaper, but it is believed to be connected to a report carried by the newspaper that relations of President Suharto were becoming
    337 words
  • 305 16 Bernama THE MALAYSIAN government's move to corporstise the country'* stockbroking industry has been well received by individual members of the Kuala Lumpur Stock Exchange (KLSE), Malaysian Deputy Finance Minister Oatuk Sabbaruddin Chik Said yesterday. Most of the stockbroking firms had also shown
    Bernama  -  305 words
  • 77 16 Reuter COMEX GOLD FUTURES firmed on light buying in a market empty of bulk sellers yesterday morning following last week's setback. Gold for delivery in December was ahead US$2.7O at U*****.70 an ounce. Analysts said traders were cautiously buying back short po- sitions, sensing that gold was ripe
    Reuter  -  77 words
  • 75 16 Reuter NEW YORK prices eased slightly in early trading yesterday as the market took an opportunity to consolidate after running up strong gains in the past two seesions. Blue chips continued to run into resistance as they approached the 1900 level. The Dow Jones Industrial Average, which
    Reuter  -  75 words
  • LATE FILE
    • 59 16 Reuter SOUTH KOREA yesterday asked Japan to cut tariff* and remove import curbs to help reduce its trade deficit with Tokyo. At the start of two-day trade talk* in Seoul, Japan was urged to lower tariffs on 00 products to below 10 par cent from
      Reuter  -  59 words
    • 47 16 Reuter THE WEST GERMAN govern, ment expects groas national product in 1067 to riee by more than the real 2 par cant predicted by its council of sconomic advieers. Economics Minister Martin Bangemann and Finance Minister Gerhard Stottenberg said in a statement yesterday.
      Reuter  -  47 words
    • 60 16 UPI CHINESE PREMIER Zhao Ziyang hat warned Viatnam that China «fill contirtua to "axart pressure'' along its bordara until Hanoi ands its military occupation of Cambodia. Xinhua Maws Agancy aaid in a viait to frontiar guards along tha Sino-Viet-namasa bordar on Sunday, Mr Zhao aaid Chinaaa
      UPI  -  60 words
    • 64 16 Bernama A Msl.3 billion plant to convart natural gas into liquid patrolaum products ball avad to be the first of its kind in tha world ia moat likely to be set up in Sarawak. A Malaysian government aource aaid the Malaysian Induatrial Development
      Bernama  -  64 words
    • 47 16 AFP THE IRANIAN SPEAKER of Parliament haa aaid Iran's need for arma will never away its political relations with other counthee, whichever they are. A Teheran newspaper reported yeaterday that Mr Hojatoleelam Haahemi Rafsanjani made the remark during a speech on Saturday. AFP
      AFP  -  47 words
  • Page 16 Advertisements
    • 164 16 ORCHARDOHOTH, 442 Orchard Road Sinppnn 092) Td: 7 *****6 AMPLE PARKING SPACE iwas "SIMPLY DELICIOUS" Whichever language you choose to describe our European Buffet Lunch, the meaning remains the same: simply delightful. From right across Europe, we bring you a veritable smorgasbord of flavours. Like Cream Soliferino, Navarin of Spring
      164 words
    • 7 16 Slowdown In budding Industry ptreltH, Pago 2
      7 words
    • 282 16 Th« •llv«r report was not ■wßafcte at prMS Km*. SINGAPORE COMPUTER SOCIETY 3RD ANNUAL CONFERENCE 5-6 December 1966 Westin Plaza Hotel, Singapore held in conjunction with THIS CONFERENCE IS HELD FOR MANAGERS AND PROFESSIONALS INVOLVED IN PLANNING, MANAGING COMPUTER RESOURCES AND INFORMATION TECHNOLOGY. A TOTAL OF 37 PAPERS WILL BE
      282 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 464 17  -  Loadings for first two voyages excellent, says vice-president By JUNE LIM C P BULKSHIPS has decided to use its geared bulk carriers once chartered to other companies to operate its own breakbulk, timber and plywood service from South-east Asia to Europe. The monthly service
      464 words
    • 216 17 FT THE GENOA Port Authority, the state body which manages the port which was once the pride of Italy, looks set to emerge from years of crisis with a return to profit forecast for 1987 and an increase in both traditional and
      FT  -  216 words
    • 129 17 CargoNews Asia CARGO VESSELS of Panamanian registry were the leading carriers of Philippine exports during the first seven months of this year. The National Census and Statistics Office said Philippine exports carried by ocean-going vessels in value were up by 2.14 per
      CargoNews Asia  -  129 words
    • PORTSIDES
      • 159 17 Reuter THE AUSTRALIA Northbound Shipping Conference said it will raise its general freight rate to Japan and Korea by 7 per cent, effective Jan 1. The increase is subject to minimum increases of US$llO per TEU, or US$6.5O per 1,000 kg or cubic metre, whichever produces
        Reuter  -  159 words
      • 61 17 Reuter A LOADED SOVIET OIL TANKER hit the European shore of the Bosphorous seaway in fog on Sunday, ripping up a roadway in Istanbul's Arnavutkoy district, Turkish state radio said. There was no report of damage to the ship, the 16,540-dwt Tsezar Kurilkov, which the radio
        Reuter  -  61 words
      • 64 17 Seatrade Week GROWING CONCERN about job prospects for Japanese seafarers has led the All Japan Seamen's Union to agree that blue tickets should not be issued to Japanese-owned flag of convenience vessels with fewer than five Japanese crew members. According to a union investigation, there
        Seatrade Week  -  64 words
    • 753 18 Volumes carried on reefer ships still high, says report Fairplay IN THE last reefer season, there was a short top period of around seven to eight weeks, in which rates reached much better levels than 1985 and 1984. For the rest of the
      Fairplay  -  753 words
    • 225 18 Lloyd's List THE RELATIVE SHORTAGE of medium-sized tankers with the ability to place cargoes in the market quickly could lead to a spate of newbuilding orders in the near future, according to a London shipbroker. Owners now see a demand for tankers in the
      Lloyd's List  -  225 words
    • 168 18 AFP AN OFFSHORE oil rig owned by a US company sank in the Arabian Sea off India's west coast last Thursday, but there was no loss of life, said the Press Trust of India (PTI). India's Oil and Natural Gas Commission (ONGC) had
      AFP  -  168 words
    • 697 18 AB Shpg V 5 Accord Shpg VI 3 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Bait-Canada line VII 4/5 Bait-Orient line VII 4/5 Bank Line V 5 BBS II 4/5 Ben line Cont V
      697 words
    • 1364 18 GENERAL weakening of North American grain charter rates for cargoes to be loaded in the US Gulf and North Pacific continued to drag down the overall tone on the London freights market on Friday as available tonnage supply proved more than ample to meet traffic demand An example
      1,364 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: AC£ (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      175 words
    • 217 19 P O to sell last gas carrier to Tokyo company Lloyd's List P O is set to quit the gas carrier sector through the sale of its last gas carrier, Pollenger, to Japanese interests. The 1974-built. steam turbine liquefied natural gas carrier looks likely to haul Indonesia's first spot market
      Lloyd's List  -  217 words
    • 298 19 AFP, Reuter JAPANESE SHIPBUILDER Kawasaki Heavy Industries Ltd has asked its labour union to accept a tougher rationalisation plan than earlier proposed to help cope with lower activity due to the yen's rapid rise against the dollar. A company official said under
      AFP,; Reuter  -  298 words
    • 310 19 MARITIME EXPERTS had advised the Hongkong-registered freighter Kowloon Bridge, abandoned by its crew in a gale off Ireland on Sunday, against putting to sea. the Irish Ministry of Communications said yesterday. The 89,438-ton vessel was examined in Bantry Bay on the Irish west
      310 words
    • 202 19 ABOUT 4,800 million baht will be spent to build the Thai deep-sea port of Laem Chabang. Of this, 2,604 million baht will come from foreign loans, notably from the Japanese through the Overseas Economic Cooperation Fund and the balance from government sources. The
      202 words
    • 286 19 AFP A RECENT SURGE in Japanese bookings of large tonnage from the Gulf States area continued to provide the only bright feature in otherwise dull conditions on the tanker market last week. Rates paid by these East Asian charterers to very large crude carriers (VLCC) were situated between
      AFP  -  286 words
    • 82 19 Reuter BANGLADESH has agreed to buy a 16,500dwt multipurpose cargo vessel from China for about US$ll million, according to Shipping Ministry officials in Dhaka. They said under an agreement signed in Dhaka last Friday, the China Shipbuilding Trading Co Ltd will build the ship for state-owned
      Reuter  -  82 words
    • 7002 24 §®aBG)(!EB 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
      7,002 words
    • 840 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location B Dahlia 193 25.11 86 2300 Leo Shpg F5A 1400-1500 S2 Pegasus P 455N 25.11.86 1800 Straits Shpg F5A 0900-1000 B6 Ms Claudine 8648 25.11.86 1800 Maersk
      840 words
    • 1746 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 Line African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK).
      1,746 words
    • 522 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Boron Star K34 Sunship alongside 25.11/1500 Concord Furono K16 Borneo alongside 25.11/2300 Inna K20 NTYSS olongside 25.11/1200 Leipzig K17 Sunship alongside 25.11/0700 Southern Glory K28 S'pore Shpg alongside 25.11/1100 Daiyunshan K19 Guan Guan 25.11/0600 29.11/2300 Equator K22
      522 words
  • Page 17 Advertisements
    • 563 17 Concise Comprehensive Contemporary flpl OipiiOvßQUs CtUtJtm UME mm 9*ns tsaas («n 242*4/ on) VHII/ 200 Cantonment Road *12-06 SaatftpOMt. Sufapore 0200 vr-V-r-vw Tel *****U tuex no us ***** P Claa3 1 TERRML/CFS T* *****18 220 L. A BOOKMGS W *****34 235 KkWifli KUM MM 9>fK MDKB M. M inffflffll ttUWG
      563 words
    • 71 17 [KMDB RVE INCIDENTS combined to shorten 1986*s top reefer season, says the mid-year report from Oslo-based charterers Klaveness. Page II KAWASAKI HEAVY INDUSTRIES Ltd has asked its labour union to accept a tougher rationalisation plan than earlier proposed to help cope with lower activity due to the strong yen. Page
      71 words
    • 826 17 30 FESCO LINES FAR-EASTERN B SHIPPING COMPANY Regular Borvteoe To SOUTH EAST ASIA, JAPAN, INDIA Agent Singapore Soviet Shipping Co Pie Ltd TEL: 53S 2333 MAERSK LINE FAST TRANSIT TO MIDDLE EAST 8 DAYS AM 9 DAYS IN 10 DAYS 11 DAYS SINGAPORE/DUBAI SINQAPORE/DAMMAM tINGAPQRE/BAHRAIN INGAPORE/KUWAIT ViMfl Voy IS* por«
      826 words

  • Page 18 Advertisements
    • 469 18 JfZZS COMPAGNIE MARITIME D'AFFRETEMENT /irV REGULAR HBCKIBEIIT FULL CONTAMER SERVICE ftP FAR EAST TO MEDITERRANEAN AND EIMPE OUTBOUND TO NORTH CONTINENT iiij a MUi K jupiter MUi K mCUK MUi K URANUS Mm cvf* to M UX AiMuli—. (Ajriw. CtpaiMfM. i OUTBOUND TO MEDITERRANEAN Mm accqrtP| Fa Cirp I* Umsml.
      469 words
    • 265 18 EUNOPE/FAN EAST CONVENTIONAL SERVICE TRANSPORT TEL* 03-*****50 MALAYSIA SDN. BHD. TLX: ***** MTM Frt. Booking contact Miss Gsn VSL paceic cm gUBOMUKO PT. of LOG. MM-rmjts SzczscsMftg-Jtot BaMacne-Dutot Ant DATES 2C/11-S/12 1-19/12 PT. KLANG 1/12 2/12 VI 17/1 SPORE 4/12 5/12 7/1 21/1 LOG. FOR Further load/ discharging ports an
      265 words

  • Page 19 Advertisements
    • 985 19 The Straits Steamship Group F STRAITS StfIPPMG f Slnoaoort to Sabih. Sarawak Brunei Ports and Bangkok iJi'.il l S M i.-i.i',»Ji{ill 1if..11.1. S>n PJOh| rtM KWi VW*mi R'Aaa UHi UTANOMMU M/U 27/11 IVI2 17/12 19/12 21/12 22/12 ami RAY 94/12 99/12 24/12 21/12 21/12 29/12 31/12 ■nana 12/12 14/12 (2/1
      985 words
    • 699 19 NOTICE NOTICE We wish to inform the trade that Messrs P.T. Armada Eka Lintas, Jakarta and Messrs Jagat Shiptrade Enterprise Pte Ltd, Singapore are no longer authorised to advertise/ canvass/book cargoes to any destinations for our service. Please direct ad freight enquiries to Messrs MuJtiport Agencies (S) Pte Ltd. CORMORANT
      699 words

  • Page 20 Advertisements
    • 379 20 100 Years Liner Shipping Far East 1886-1986 10 CONTINENT^UK EXPORTS £25 rtM trtot 17/12 11/12 It/12 11/12 23/12 25/12 30/12 25/12 VI 5/1 1/1 10/1 IVI 12/1 23/1 25/1 1/2 1/2 2/2 J/2 15/2 17/2 kltl ftoma MN/liNf U Nmt 11/12 22/12 M/ 12 21/12 21/12 23/12 27/12 21/12 31/12
      379 words
    • 678 20 L-»-1 Si mu cm***"— FULLY CONTAINERISED SERVICE [it) EUROPE VIA Sll/l M 01 S ptrc PJMHf KGHCM CHUKf H* 26/11 (24/11) 15/12 14/12 W 20/12 StWN St« MCI 54* 3/12 (1/12) 22/12 23/12 27/12 <24/12> 29/12 MEICATQ* (ID 10/12 (1/12) 2»/12 30/12 1/1 3/1 0/1 Ci. !OHTO 7W 17/1? (15/12)
      678 words
    • 337 20 Hai Sun Hup Co (Pte) I td TEL *****06 (20 Lines) TLX RS ***** H. RS ***** t I \S I I l<\ \K I I\l K. Ill) STRAITS/ J ARAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS I Load** at appropriated Berth P4-P5 NOTE: ALSO CALLMG OTHER JAPANESE PORTS.
      337 words
    • 845 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) M/ll U/12 lt/12 11/12 11/12 11/11 21/12 23/12 25/12 2S/12 4/12 14/12 24/12 21/12 21/12 M/ 12 7/12 27/12 21/12 Jl/12 1/11 14/12 VI C/l 1/1 9/1 21/12 11/1 IVI IVI 16/1 21/12 11/1 21/1 22/1 23/1 «L
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  • Page 21 Advertisements
    • 731 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE VESSCL MAJAPAHTT QOWA KOTA StHGA SIN JKT MY SIN 4/12 0/12 1/12 11/12 13/12 13/12 IS/12 22/12 SM 21/11 20/11 •TCH TAICHUNQ *MUP HKQ KAO *TCH KEE BUS *MUP *HTC VOK KOB KEE
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    • 728 21 BENLINE CONTAINERS Outi b r UiwfMi Bit »t IMkiD Cartas «T I U/l TaAjp. Bar I 21/1 Fratafcrt iiprtu I 31/1 7/2 1/2 11/2 11/2 IV2 11/2 11/2 19/2 2i/2 21/2 21/2 24/2 uraas EXPRESS CONTAMER SERVICE FROM UK/CONTMNT HMt BtWNMUMM HMBI STON IpjCUM STOREIfM Bras*. tip-tu faWSM SM M
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    • 435 21 DJASAGETRI A Joint Europe Sorvtce Of; P.T. BJAKMTA LL9TI P.T. lESMI LLOTB P.T. SMNBEM IBMEStt P.T. TMCMA LLOTB EXPRESS SEMI CONTAINERSHIP SERVICES SIN6APORE TO EUROPE E $21 DJAKARTA LLOYD INDONESIAN NATIONAL LINF TT7TT TT nn EKA JAYA AGENCIES SISAL PTE LTD •.*> DJAKARTA LLOYD INDONESIAN NATIONAL I INF (A MEMBER
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    • 321 21 BOUSTEAD SHIPPING AGENCIES PA6AN VIOCN MVOMKHW VIOIN PA-IW ¥104* V 4 BURMA FIVE STAR Burmese National Umi Loadnf for Rangoon spore ketone 1/3 DK 5/7 DK 11/12 Dk BANK LINE EPtres BKgMP WKTWOUH) TO IKC STORE TAUSALA SAMOA VS 14/12 TOAMA MUGN V 2 19/12 MORAYBAMK V2H 2S/12 CLYDEBANK VI9N
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  • Page 22 Advertisements
    • 1198 22 ECUADOR/PERU/CHIIE L\ K LINE KAWASAKI KISEN KAISHA. LTD—FQOQI ra A STM *V 3 Mono w ran rci 21 I nu.fi PMC VQK KOK OMTAQUI CALIAO MCA 29 Nm 30 Nn 2Dk lIDk 21m II Im IQUQUE AfACASIA SANTOMO KAIPMABO 14 Im CENTRAL AMERICA/CARIBBEAN SEA new* F£H«*Sl MOTMDI Wl PUS PNC
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    • 626 22 AUSTRALIA EXPRESS COOT MO SERVICE Accepting FCL/FCL Containara F«Hp P RMt llMtf V«id S pore Mdb frtm S*d» Also Acce*J RARBAS V 2« II Dec 26 0»c 4 lan 2 ton Add/Bra ESTiamR V 9 It Dec CHANOOAS *23 2 too 17 ton 26 ton 24 tax ABd/Bns CAIABAR V3l
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    • 594 22 \T7^—l GOLDEN LINE WK CLV GUAM GUM) SHPMHG (PIE) LID a I*l b* »«< Tp T -H "muem mm ra. uum <m uo) STRAITS/PERSIAN GULF SERVICE: Spo earn uvea Ramfc/OMa/Dfttaa/iMMI 24/24 9m DM TW SNM Fiudm. 24/27 GOLDEN KM Colombo. KatKh/Oirttti 10/1? Ok Wj CHMA OCEAN SHPPMG CO.. PEKM6 THE
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    • 223 22 INTRASEA (PTE) LTD I 10 Anson Road =27 16 International p a/J Smqapofe 0207 Tel *****11 1< L n«»s BREAKBULK SERVICE TO EUROPE/UK *****1 71*711 'C PHIL I J RON SHIPPING AGENCIES PTE I PHIII ORIEN! LINES PIE i ID HMD Hi f •> ■if 'h:N 'N f" p i
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  • Page 23 Advertisements
    • 691 23 TU Hi OMu *****77 NEPTUNE ORIENT LINES LTD NEPIUK AfiENCKS PTE. LTD. ft EU/N6T if*/SW InM Of BOOK MB *****77 *****53 *****42 *****22 *****93 27*57*2 0* HECT IMS *****19 279(111 *****11 KMC SON. BHD. *«M 7 *«9M5 *****53/*****79 NEPUNE SON. BM>. *****71/*****34/*****35 NEPIIt SON M. *****9/*****5/*****9/*****1/*****2 r mT/r HILLY tO
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    • 412 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON PtWf It,INT' Ntf-I'INI 41,1N lIS Pit lID iw m/; ns4M siii .vi.'O.v «K .'.'UVHI ilrmaui, .'.'ti jsii .'?o.»sn4 irjs> M( «im* jn; MIM M ll» SON BMP *1 lei 7/405% ?HC I* Irl IhgSbM JbHO-Su t'.XO:
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    • 490 23 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD SMSOV BULDMG 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Ti Cable Address SMSOV SMGAPORE Tetei Nurters OS ***** RS ***** ItS ***** P SUM M/S SHARRUT NAM SOON SON. 0». IST AND 2ND FLOOR. NO 1. JALAN CEMPENAG. PORT KLANG. MALAYSIA
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    • 58 23 Ml l*>lll!\ m I.l*l HONCK&NC STKAIfS m. mi ilk Sim um MM vm SjM K2O GLOMOUS MN6l.l* 27/11 2/12 M fmm tar ftat Trtt VM to M* 2Mh«ir« illG* W Iran MM 1200 In. TWt be m Mb* amy SMBUUWA MEBHM I lIU. TFTA ,CO. "tig, 143. Ctd Strati #114*
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  • Page 24 Advertisements
    • 336 24 Iffllß REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) Bl'll 111 '111 T'i l Ml 111 l mm l» Vii ream pm mm BFnpnn h 011 iry u H ■m IgmPTyii 30-1/12 2-3/12 |Fri/S«t 3-4/12 I Sjt/Sm Sit/Sun $-7/12 7 -1/12 iMtdi m*i ESTI irvnrani IJ 11 T'T'i 'HAWLllJAiJlllllfll
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  • Page 24 Miscellaneous
    • 170 24 a Regional Weather T -/k >> > a hi lis 3» r* LLl£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: C O w Wind direction with speed m knots Wove height One half Heche represents 5 knots R Thunderstorm Temperature c X\ X 7 Shower Weather
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  • Page 25 Advertisements
    • 319 25 MSC MEMOES K LUMPUR f. KELANG PENANG t. GUDANG I. BAHABU LEOSHP SPORE I *****81/*****56/*****41/*****93 *****11/4 TERMMAL *****81/2 (*****/*****3/*****4/*****3 *****3/*****5/*****1/*****0 *****8/*****8/*****5 m\zn FAR EAST/EUROPE CONTAINER SERVICE ra fuRO« fehw nrTTT^^ifn.: 11 ■!-JUaESMEMnMEZZIMuEMCTIEigiEJ rnri nr"|7M GEI CM CIB CIB-Ij —MCEljSßjßglEl ii '.I' -MEFik'iw J l l iL I ■HBC^IMSMMmEIEUCT AISO ACCEPTMG
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    • 166 25 MN CONTAINER LINE AUST/N2 SERVICE PJOiMG STOIC SYD MELB 27/11 30/11 20/12 24/12 ALSO ACCEPTING TUBER; LCL/FCL TO:BOMBAY DURBAN CAPETOWN PORT LOIHS Bookings: MAC-NELS AGENCIES PTE. LTD. *****4 (20 Unas) MAC-NELS (MALAYSIA) SDN BHD. MAC-NELS (PENANG) SDN BHD. P. Ketang Tel: (03)*****78/*****07/*****77 Penang Tel: (04) *****6, *****2 Scan Dutch V
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  • Page 26 Advertisements
    • 159 26 ASIA Sinf.lporp Aprils HAKKI SIMJ DARBY SIIIPCINIi Plf III) let Sf>loBX yiS.'.{,'6 A V CV" f L-A AhrankM Unar S«VKt GmbH f* (Hvnburg) EUROPE/S.E.A. BREAKBULK SERVICE ft ot loadinf Han/M/Bjrctta laa/M Hm/M CHH/Hn/M Destination W/BuunS>Mfha/li*wf BnflMk/MI/Sfcwffca M'siii .iqent M.intimc Transport Msm Sdn Bhd M It, f.! ;.1 1 S pore
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    • 199 26 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE LTD 14] Old Street *10 04 B.rt.taif S pore 010* Tel Port K'ljnf Tif j Pmj Stuppmi; Sdn Bhd Tfl 03 "> Pemnj Mjlmu Irjdf t Irjnsport ltd lei 04 b 1 "B^J Pj GudJPf Miljfsun Shppmj •f'fioM Sdn Bhrt Tel
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    • 351 26 h VvTf X: °v^z/2Z Oil Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER MARIA BONITA 27 Nov Pcxt Louis. Reunion CONTINENTAL PARTNER 7 Dec Mombasa. Daressalam ELBE-D 12 Dec Apapa. P. Harcourt. Warri+. Calabar ENCOURAGEMENT 11 Dec P. Noire. Abidjan, Monrovia. Lome Contonou. Tema Rmks: Subject Inducement. HAYAKAWA MARU S.A VAAL Durban.
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