The Business Times, 28 October 1987

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 WEDNESDAY, OCTOBER 28, 1987 75 CENTS
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  • 205 1 Exchange rates THE S$ rose sharply to S$2.0755/65 (S$2.0825/35) against the US$ in the forex market yesterday. Trading was done within a range of 2.0750 and 2.0795. The local unit also strengthened against HK$, M$, DM and yen, but fell marginally against US$: 141.90/142.00 yen, 1.7730/40 DM,
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  • Article, Illustration
    724 1  -  Nikkei Index recovers 632.40 points By AMY BALAN FOR THE SECOND day running, the Tokyo stock market called the shots in the world s stock markets yesterday. "Tokyo is now leading Wall Street. This market is standing up against the domino-like fall in world stock markets," one Japanese
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  • 87 1 Reuter WALL STREET stocks rallied early yesterday following strong overnight gains in Tokyo and Hongkong. However, blue chips levelled off with A strong gain. Brokers said some profit-taking appeared on yesterday's gains after a steep loss on Monday. The Dow 30 was up 80 at 1874 and
    Reuter  -  87 words
  • 82 1 Reuter UK EQUITIES turned firmer yesterday after an early rally on Wall Street. However, operators were still highly nervous of the possibility of some announcement concerning the sale of BP. The FTSE 100 moved to stand 36.3 points up at 1,720.8 at 1447 GMT after 1,710.8
    Reuter  -  82 words
  • 427 1  -  By LISA LEE LUM CHANG Holdings' rights issue of loan stocks has been "kiv-ed" again, this time because of the dismal downturn in the stock market. The company announced yesterday that it has postponed the book closure date for
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  • 699 1  -  By BOEY KIT YIN TOTAL TRADE, buoyed by soaring exports which hit a monthly record in September, is expected to amount to a high of $125 billion this year. The estimate by the Trade Development Board (TDB) represents a 20
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  • Page 1 Advertisements
    • 186 1 ^=(:~,!,)*("}`;|:;)>|'|&-={@_=: A HELPING HAND FOR HOME BUYERS ®Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make it easier to own a home. For first
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    • 311 1 FOCUS, PAGE 9 Interview with NYSE chief Double-edged sword of globalisation PAGE 3 Crash not serious for economy, says Japan Don't panic: Hawfce More jobs going to big contractors, Pago 2 BMDB THE National Productivity Board and the Singapore Institute of Standards Industrial Research are preparing a report to determine
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    • 11 1 as a separata section today. Make sura you get your copy.
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    • 230 1 4 7th Offshore South East Asia The Asian Petroleum Show Conference 2-5 February 1988 r y v Sinqapore E*h»bition Services Pte Ltd Tel: 338 4747 See You There f TDB to boost Singapore's trading position. Back Paga Make your home away from home in a luxurious service apartment with panoramic
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  • HOME NEWS
    • 452 2  -  By WILLIAM CHIA THE National Productivity Board and the Singapore Institute of Standards Industrial Research are preparing a report to determine the actions needed to promote and assist 'companies improve quality. This was one of the measures announced by Second
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    • 432 2 IN ANTICIPATION of mushrooming revenue from overseas sources, Everbloom Biotechnology has applied for ■and been granted a tax holiday for such income. The mushroom-growing -company announced yesterday that it had been granted "exemption from tax the remittance of foreign sou reed profits of
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    • 348 2  -  By LEE HAN SHIH, Property Correspondent FOR RETURNING land equivalent to 1.4 per cent of Singapore, the Jurong Town Corporation is said to have received $764 million from the government. The transaction is understood to have taken place in the past few
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    • 102 2 SINGAPORE AIRLINES has leaaed a second freighter aircraft to meet demand for cargo space out of Singapore to Europe during the year-end peak period. The airline has leased a DC-8-55 all-cargo plane for a series of charter flights between Singapore and Brussels from Oct 25
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    • 44 2 IN AN Oct 21 Shipping Times article. "PSA buys 10 container quay cranes from C Itoh", PSA's executive director wss erroneously referred to as Mr Ng Chong Kiat. He is in fact Mr Ng Kiat Chong. We apologise for the error.
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    • 410 2 THE SHAKEOUT in th« construction industry has resulted in more and more of the available jobs being concentrated in the hands of a few large contractors. Among them the biggest is Lum Chang Building Contractors, which chalked up a 6 per cent gain in
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    • 377 2 Seminars snd ft r i EG ';4"" r'- 1 w ■">#'•• fc,. i A Courses L9J Nov 4-6 Personal Computer Connectivity and Networking (Advanced Course) Nov 4-6 How to Reduce Cost Through Vatua Engineering Nov 4-6 Computer Application for Secretaries ond Administrative Assistants Nov 4-6 Networking Personal Computers
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    • 167 2 INTERFAMA EXHIBITIONS Pte Ltd will now be called Interfama Trade Fairs Pte Ltd. This followed a reorganisation which brought in Safan Publishing as a partner a month ago. Interfama Trade Fairs will now exclusively organise and manage exhibitions and trade fairs. Interfama has an overseas office in
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    • 101 2 THE LATEST in classroom techniques will be the focus of an international exhibition to be held in Singapore next month. Edu-Aid Asia '87 will display the newest in au-dio-visual teaching equipment, classroom and laboratory materials, school equipment and .supplies About 50 companies from 12 countries will
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  • Page 2 Advertisements
    • 45 2 is*** Kc':, i f**'*' :-W -r'K->-'" p\ 'iSP^^SPsfe v« Ml Ask for more information aow iiiottt high ouality copying: Henry Yco, Salf« Manager Oct-Hagemeyer (Singapore) Pie. Ltd. #W-OS Hock Soon Industrial Complex 230 Upper Bukit Timah Road m o Your permanent partner for real productivity
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    • 185 2 w:<» in, \V rT^. I University of Dubuque Program in Singapore The University of Dubuque, on# of America's foremost Centres of learning and research, invites applications for Its prestigious MBA Program. This highly reputed institution, founded in 1852, is accredited by the North Central Association of Colleges and Schools which
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  • ASIA-PACIFIC
    • 367 3 Bernama ES PRIVATISATION is not a panacea for all problems and should be assessed together with other poesible strategies that can be used to achieve efficiency, perhape with lower coet in the long run. an academician said in Kuala Lumpur on Monday. Associate Professor
      Bernama ES  -  367 words
    • 192 3 AP CITIES in Asia and the Pacific are prona to natural disasters because many are situated on or near major faults and volcanic centrea or on soft, sensitive soils, according to a United Nations report released this week. The report, presented at a meeting
      AP  -  192 words
    • 346 3 Reuter IN THE SHADOW of what one diplomat calls a demographic time-bomb, Jordan is battling a hostile economic climate with some SUCCMS. Economic analysts say that with a head count of 2.76 million people at the end of 1986, the country has one of
      Reuter  -  346 words
    • 399 3 Reuter ARMED POLICE flown from France manned roadblocks on the Pacific island of Tahiti on Tuesday, amid unconfirmed reports of a political shake-up after a dock strike flarad into major riots last Friday. France flew two companies of para-military gendarmes from Paris to the island
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    • 230 3 Reuter TAMIL SNIPERS operating in pair* from high vantage points were slowing down Indian troops claaring pockets of reaiatance in Jaffna and caaualtiaa on both aidaa wara rising, Indian and Sri Lankan military officers said yesterday. Sri Lankan state radio aaid 20 separatiet
      Reuter  -  230 words
    • 339 3 Major effect on consumer spending unlikely Reuter THE PLUNGE in ahare pricea on the Tokyo Stock Exchange would have no aerioua effecta on Japan's economy, which ia now recovering steadily, a spokesman for the government's Economic Planning Agency (EPA) aaid yesterday. The turmoil
      Reuter  -  339 words
    • 219 3 AFP PRIME MINISTER Bob Hawke of Australia yesterday appealed to the business community not to panic as prices plunged further on the Australian share market. "What's happening here is not a product of an Australian situation," said Mr Hawke, who
      AFP  -  219 words
  • Page 3 Advertisements
    • 163 3 Jjflfffif Th* University Melbourne Graduate School of Management Postgraduate Diploma in Management Studies The Graduate School of Management is a national management school offering postgraduate management education of the highest standard. Applications are invited for enrolment in its Postgraduate Diploma in Management Studies program of 1988. This is an eight-month
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    • 161 3 TWllb red carnations. United's New First Class Concierge Service. Now when you take an international flight in or out of Singapore, one of the first sights you'll encounter is a red carnation, in the buttonhole of a United Concierge. Our new Concierge Service includes meeting First Class passengers. Acting as
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  • REST OF THE WORLD
    • 802 4 ARRIVALS Operator S*rvk» number Local time From SU -UA su *su SQ11 IIA805 SQ41 SQ47 0045 0045 0615 0710 LAX/NRT SFO/HKG MAA DEL MAS KAL MAS MAS MH681 KE624 MM811 MH671 0820 0840 0910 0920 KUL KUL PEN KUl SU CPA IU Gu •SU SQ103 CX710 *****
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    • 456 4 Basic agreement for trimming of at least USs23b NYT PRESIDENT REAGAN and congressional leaders reached a basic agreement on Monday to pursue measures designed to reduce the Federal budget deficit by at least US$23 billion. They left the details of such a package
      NYT  -  456 words
    • 441 4 AP AMERICANS' consumer spending fell a sharp 0.5 per cent last month, the first decline since January as analysts worried that the stock market's steep plunge will force Americans to close their pocketbooks even tighter. The Commerce Department reported on Monday that
      AP  -  441 words
    • 489 4 AFP THE INCIDENCE of psychological illnesses has reached "alarming proportions" in South Africa, with high levels of depression, tension and uncertainty in the different racial communities, a leading specialist in the field said on Monday. Hendrik Kotze, the director of the clinical
      AFP  -  489 words
    • 323 4 AP THE European Community on Monday put forth its proposal for cutting agricultural subsidies at a meeting of the Agriculture Committee of International Trade Negotiations under the auspices of the General Agreement on Tariffs and Trade. In its proposal, made public earlier
      AP  -  323 words
    • 414 4 UPI WITH the British stock market mirroring Wall Street's collapse and endangering Prime Minister Margaret Thatcher's capitalist revolution', Britain rebuked the US for its twin' budget and trade deficits. "There have been few more consistent critics than I of the huge US
      UPI  -  414 words
  • Page 4 Advertisements
    • 136 4 I M I I I The business person's choice, every I I II I I II II I Tuesday, Thursday, Saturday and Sunday. I A /I I 9 MI Leaving Changi Airport at 22:05 I JL iJL.S l hours and arriving Heathrow early the following morning. Call your Travel Agent
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    • 221 4 SALE BY TENDER under instructions from WHITE INDUSTRIES SINGAPORE PTE. LTD. LOCATED: SYDNEY "CMT SFSSO Series II Slipform Paver "CMI" TC2SO Texture Curer (both units "Factory New") "DREDGE MASTER" Model 46-20 in x 18in Dredge Pum LOCATED: SINGAPORE "DYNAMOLD" Hollow Cored Slab Casting Machine tor 8 ft. capacity "DYNASAW* C
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  • Page 4 Miscellaneous

  • COMMODITIES
    • 455 5 Crude palm oil futures yesterday closed slightly steadier in moderate trading on the KLCE. Dealers said the market opened lower in line with the lower Chicago advice but then rose following Pakistan's entry. However, there was profit-tak-ing towards the close which cut gains. Spot Month November added Ms
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    • 221 5 Chinese Produce Exchange 5cA#n noon dosino onc#i on Oct 27 (SS/100 kg) Coconut oil Mk FOt 95.00 OW drum FOt 105.00 N*w dram FOt 109.00 Copra Mixed (too**) 54 Pepper FOt NIW 1317.50 Sarawak vMit FOt faq NLW 1302JO Sarawak iptdcil Mack FOt NIW 962-50 Sarawak Asia Wack
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    • 170 5 Wheat Soybean Reuter WHEAT FUTURES on Monday closed 2-1/2 to 4-1/2 cents lower; recovering late to cloee on the high end of the day's rsnge. December closed 2-1/2 cents lower st U552.97-3/4 a bushel. Prices recovered Iste. after the eerly cloee in Wsll Street stock trsding, as a rally in
      Reuter  -  170 words
    • 71 5 OIL MARKETS continued quiet end subdued. Trede in ell mejor merkets wee thin. The Singapore products market wes no exception. US$/Wuii»I o»m« DmM (OK) Ww Tarn 17.2t •007 WTHoir*' 20.02 -0.1* Products (FOB S'pore) USS/Warr«l Ota K«ro>— G«l Lam 23.40 21*5 tndi mdt ur» jtmpnm Wmmy RmMm.
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    • 118 5 Reuter RENEWED buying interest M- mitm nHn r, >ii ■I,■ rvfitcunj ui# wrtnyu) of •wning in# ring--9" ytwtroiy ntipta mt Kuala Lumpur Tin Market price recover live cents to cloee at M 517.17 a kg, said. The market noted lair activity, while Monday's laII wvi ■luiCTtc strong dkjs
      Reuter  -  118 words
    • 261 5 Reuter SINGAPORE THE MARKET yesterday closed lower with November 1 RSS buyers quoted at 211.75 cents/kilo, down 1.75 cents from Monday's close, dealers said. On the TSR-20 market, trading was very quiet all day and prices were lower in line with the RSS market. November and December TSR-20 closed
      Reuter  -  261 words
    • 254 5 RAS prices msc FOB In feata B NOON ClOSC Int 1 RSS Prompt PV 2)4.50 215 JON 214.00 215.00N bo 1 RSS Now 87 212-50 213.00 211.75 212.25 HI ISSDK 215.00 215 JO 214.00 214J0 bo 2 RSS Of 211 -50 213J0N ***** 213.00N Int 3 KSS
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    • 82 5 NOVEMSH 87 DfOMia (currant month) (forwar d month) RAS NOON NOON Ivy*" Safer* lnytn Satan SS> 30 21 2 00 314.00 313.00 314.00 S» SO 310.50 313JO 210J0 212JO MRELB loytU Srin Saltan SMI CV 269 50 371 JON 270JO 273JON SMt I 369JO 371 JON 370J0
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    • 326 5 HONGKONG: QOLO yesterday closed lower in fairly quiet trading confined to booksquaring activities. Dealers said financial institutions were tightening credits to investors in the view of world share price fluctuations and possible default in Hong Kong Index futures trading. Bullion fell to U*****.90/473.40 an ounce from an early
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  • Page 5 Advertisements
    • 38 5 Prices lor tho London morfcote hav« boon hold ovor duo to prooouro on tpoco X Qfeptv- <r hh Ty «~r« t*r llUlfcl) 4 agfrj hW t s?q -••V 4 j# l '»"H* '"in— 4 fc f* Mhit mmmmr
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    • 126 5 WHEN MASKS WORK THEIR MAGIC IN CELEBRATION OF ANCIENT FESTIVE RITES WHEN MANS DISGUISE REVEALS A DEEPER REALITY. DRAMATIC INSTANTS WHEN THEATRE BECOMES LIFE. r j=ts,. urjjgi A A IMRi 13 1 WmiVfence The Cam**/ Photography: Fubio Fkxtar THE SUN, RADIANT SOURCE OF LIFE, SYMBOL OF NATURES BEAUTY AND BOUNTY.
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    • 6 5 Platinum prlctv w#n no 4 ivtllcbit
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  • MONEY AND EXCHANGES
    • 59 6 THE OVERNIGHT RATE on the Singapore interbank market fell point to end at 4 per cent yesterday. One-month ended 1/16 point lower, while two and three months remained unchanged. S$ Interbank rates at 7pm yesterday: OffW MO 4 3 3/4 1 -month 4 3 7/• 2-monlh 4 1/8
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    • 602 6 BA Futures DECEMBER Eurodollar yesterday opened slightly lower than the previous close at 92.55 and traded down to 92.46 as the stock market recovered slightly and stabilised in early trading. The market was entering into a consolidation phase as technicals indicate a very overbought market. Liffe opening saw the
      BA Futures  -  602 words
    • 1364 6 SINGAPORE: THE US dollar yesterday closed easier against most major currencies due to bearish sentiment in moderate and nervous trading, dealers said. It met light selling pressure to touch a low of 141.65 yen after midday on news reports that President Reagan had said during a UK television
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    • 142 6 Gold futures on Oct 26 100 troy ouncw. USS par toy our ca OpM Mgfc Lom MM Oa 479J0 47? JO 475.00 476.20 ♦2.80 Nov 476.00 476.00 476-00 476.10 2.70 Ok *92-00 4(2.00 476.20 47*40 Z70 Hb M 499.20 489 00 482.00 485 40 2.60 Apr 485
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    • 87 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HIGH LOW 3 monthi 8Q*****T 21.1.88 3.56 3-57 3.55 3.46 6 months BS*****S 21.4.88 3.63 3.58 3.58 3.47 1 y«ar BY*****S 22.09.88 3.73 3.68 3.70 3.68 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
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    • 191 6 Indicate* Mm avorago of Ilia prim* landing ralN of 12 mafor banks In rpora A Interbank market rates (offer/bid) on Oct 27 uss DM SWFC Y*n 7 4mrt 1 3 mi* 12 7 1/4 l/i 7 1/4 l/i "/I- 3/4 7 7/i 3/4 1/4 l/i 3/1 7/U
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    • 778 6 INTEREST RATES OPTIONS Tuetdoy, OcK >b*f 27, 1907 EURODOLLAR (MMEX) MM Di n cam Ow •7 puM Mm MfN Ln 0*a Law M •900 •950 285A 274 2 9000 235A 225 3 9050 1*9A 179 44 4 9100 143A 135 94 It 9125 122A 114 111 15 9150 102A
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    • 287 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at opening levels, in thin afternoon trading. Short-dates firmed at the outset but thereafter held steady. Overnight ended at 7-1/8 seven and week-fixed at 7-3/16 7-1/16. Longer term rates from three to 12 months weakened initially due to a sharp rise
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  • Page 6 Advertisements
    • 613 6 Habib Bank Limited (Incorporated in Pakistan) CONSOLIDATED (CONDENSED) BALANCE SHEET AS AT 31ST DECEMBER 1986 LIABILITIES Authorised Capital Paid-up Capital Reserve Fund and Surplus Total Equity Capital: Deposits afid Other Accounts Bills Payable and Other Accounts Borrowing from Banks Acceptances and Contra Items 1968 RUPEES 1.000.000.000 542.925.000 2,619,015.950 3,161,940,950 75,000,525,766
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  • BANKING AND FINANCE
    • 527 7 AP INTEREST RATES entered the second week of a nearly uninterrupted plunge on Monday, as Wall Street took another tumble and nervous investors continued to run for cover in the bond market. The US Treasury's closely watched 30-year bond soared two
      AP  -  527 words
    • 345 7 Reuter A SENIOR Japanese banker has raised the idea of linking the yen to the European Monetary System (EMS) as a way of reducing volatility in foreign exchange markets. Mr Tasuku Takagaki, senior managing director of the Bank of Tokyo, said
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    • 646 7 Reuter BANKS and the international banking system will be able to cope with the effects of the earthquake that hit equity markets over the past 10 days, said Mr Nikolaus Senn. chief executive of Union Bank of Switzerland. In an interview
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    • 153 7 PAKISTAN'S major gas supplier, Sui Gas Transmission Company Ltd, on Monday signed a US$34 million loan agreement in Manila with the Asian Development Bank and four commercial banks. The proceeds from the loan will be used to finance partially a US$lOO.B million expansion of
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    • 323 7 Reuter MORE of the International Monetary Fund's resources might be needed to aid member states with their debt problems and it wanted help from other bodies, the IMF managing director said on Monday "Given the weak prospects for an early return to
      Reuter  -  323 words
    • 140 7 Reuter BRAZIL is ready to make an interest payment on its foreign debt this week if banks recognise the country's need for economic growth, central bank president Fernando Milliet said on Monday. Brazil suspended interest payments on its US$7O billion debt
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  • Page 7 Advertisements
    • 290 7 The superchip. It's tiny. We developed it for use in all the computer functions of our satellites. And the benefit in space of our superchip micro-technology is the same benefit that is applied to our superior Laptop computers. Namely, bigger performance with smaller size and weight The Toshiba Laptop models
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  • ADVERTISING & MARKETING
    • 611 8  - On track MRT poster advertisements By GENEVIEVE CUA SINGAPORE advertisers have given the nod for advertising in the Mass Rapid Transit and if their enthusiasm lasts, posters now relatively under-used as an advertising medium could soon rank among their major media considerations. Just 10 days to the opening of the
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    • 349 8 Hill Knowlton's HK office takes on more THE REGIONAL headquarters of public relations company Hill and Knowlton in Hongkong will now include under its wing its Australian and New Zealand offices. This extension of duties for the Hongkong office will be fully in place next year under the operational banner
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    • COPY LINES
      • 166 8 COLD STORAGE Dairies is cashing in on a growing market of health-conscious Singaporeans with a new line of low fat dairy products selling under the brand name Magnovite. The company is investing about $250,000 in a sixmonth advertising and promotions campaign for the first in the new product
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      • 183 8 SELLING through sound that's how McCann-Erickson is hoping to woo more clients into its fold. The advertising agency has produced a 20-minute cassette entitled Just a Minute featuring a medley of a brief forward by McCann's managing director Brian Watson, and songs created in the past by the
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    • 269 8 SSC&B:LINTAS will drop its initials in a move to integrate the agency's networks under one simple name Lintas. "It is better recognised and has easier memorability", said Mr Kenneth Robbins, chairman and chief executive of Lintas International, who was in Singapore last week for an annual
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    • 582 8  -  By MONICA GWEE TIME MAGAZINE, back in the swing after the government lifted its restricted sales order in July, is out to make news on a different angle through creative print advertising among its pages. Time's regional manager, Mr Steven Howard, said the
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    • 194 8 THERE WILL BE ample opportunity for Singapore's advertising community to show their true, mad colours at the Super Heroes Summit this Friday. This year's Adball at the Westin Stamford Ballroom intends to assemble about 650 people dressed as their
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    • 202 8 DESIGNER PEWTER by one of South-east Asia's leading gifts and souvenirs producers has just made its debut in the Singapore market. The first of Selangor Pewter's line of designer pewter the Gerald Benney collection is targeted at collectors of fine tableware. "We have seen people collecting and displaying
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  • Page 8 Advertisements
    • 319 8 SnSSrnL flfr* "Wwwhwphi' n: W;M m a I Bonk of Scotland (Jersey) Ltd was incorporated in Jersey and is a wholy owned subsidiary of Bank of Scotland. Copies of the most recent Audited Accounts are available from R C Home, Director, Bank of Scotland (Jersey) Ltd, PO Bo* 588, 4
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    • 186 8 Scientists have proven that man only ueee 10% of Me brain capacity. DISCOVER HOW YOU CAN USE THE POTENTIAL OF YOUR MIND AT THE 4-DAY ALPHA PERSONAL DEVELOPMENT SEMINAR DATE: NOVEMBER 26, 27, 28, 29,1987 Seminar Instructor. Mr Andrew Mathews £rom Australia It is a practical 30 hours training seminar
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  • FOCUS
    • 2206 9 THE CRASH OF 1987 While the New York stock market continued its relentless decline, John J Phelan Jr, the chairman of the New York Stock commophoneExchange, appeared calm as he sat down on Monday with a group of editors and reporters from the
      NYT  -  2,206 words
    • 282 9 Reuter DID WALL STREET analysts miss a key indicator hemlines that would have warned them that the market was about to go belly up. Some fashion experts think so, saying the knees have it. They recall that in 1929, hemlines were on
      Reuter  -  282 words
    • 393 9 NYT STOCK MARKETS around th« globe have been seesawing wildly since last Monday s historic 22.6 per cent collapse on Wall Street. Analysts say it may be some time before an international equilibrium is reached. The so-called globalisation of the world's equity markets has proved to
      NYT  -  393 words
  • Page 9 Advertisements
    • 214 9 Spotlight on QchM¥6iMiit 11 edge into thel99os? $5,000 to be won! Business Times and DHL are running an essay contest in conjunction with the BT-DHL Businessman of the Year Award and Enterprise Award. Your views are sought on "How Singapore can maintain its competitive edge into the *****". As the
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  • PERSPECTIVE
    • 497 10 WHEN CORAZON AQUINO was propelled to power 20 months ago, much was made of the fact that she was a housewife turned President. Undoubtedly, circumstances had made her the woman of the hour. Political power was thrust upon her shoulders. On the other hand, she came
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    • 1274 10  -  The revival of Sukarnoism, the movement associated with Indonesia's charismatic first president who died in disgrace in 1970, has attracted many people, particularly the young, and while the administration of President Suharto welcomes its revival as an antidote for the political apathy of the young,
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    • 517 10 BUNG in Indonesian literally means "brother When Sukarno. Indonesia's first and flamboyant presioent. was conferred this honorific. he was at the pinnacle of his career. But his subsequent fall from grace was as equally dramatic as his rise to fame. Born in East
      517 words
    • 3404 11  -  By ZHOU MEI, Economics Correspondent JIMMY J B KOH is far from happy. He is in the private sector. The public sector s involvement in what he perceives should have been strictly private sector business is the main cause of his unhappiness. He is
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  • Page 10 Advertisements
    • 74 10 Pro I i"'ii l F i I Developers are talking about it. Home-buyers are watching it. What is the current scenario for offices, shops, factories, warehouses and residential properties? Is the property market set for a continual recovery to good health? Find out in Property, a special Business Times survey
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  • Page 10 Miscellaneous
    • 1245 10 wavm mm PM SBC Text Sompie Pog«v Opening and Programme l. 1-M 1 f nJtlnn Towowta oy rowwon TV. Moslw wotkt Picatso (See 'Ado Alto (Sm highlghts). The asking Shark. The basking diark b the second largest fWi In the wortd. In this documentary, a group headed by Or Priede
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  • Page 11 Miscellaneous
    • 711 11 CRYPTIC PUZZLE ACROSS 1 More than crack shot? (5) 6 Many a nice mixture in a pie (5) 9 Theyre played shakily (7) 10 Think seriously about the ycung (5) 11 Searck and rob of a weapon? (5) 12 Where capitalists live in pairs, possibly (5) 13 How an anagram
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  • SPORTS & LEISURE
    • 382 12  -  MUSIC iiyi it. -bf Jaime Lye PLENTY OF SPARKS were ignited by The Commodores over at the Top Ten last weekend. While they didn't exactly go on to fire the soul, they at least gave the audience (comprising over, under and confusingly dressed nightbirds)
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    • 341 12  -  ■y WALTON MORAIS IT WILL «II be in the balance whan accountants from six international accounting firms move from balancing books to balancing cues tonight at the King's Snookerium. The accountants are taking part in the inaugural Singapore Society of Accountants' snooker championship
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    • 286 13 AFP FRANK BRUNO, bubbling and relaxed after his demolition job on ageing Australian Joe Bugner, is refusing to make predictions about a showdown with undisputed world champion Mike Tyson. "There is only one quote: He is a good fighter," said Bruno, who later said that he fancied
      AFP  -  286 words
    • 395 13 AP TRY AS HE MIGHT, Thomas Hearns hasn't been able to shake the stigma of his knockout losses to Sugar Ray Leonard and Marvellous Marvin Hagler. "As soon as I talk to the media, it's the first thing they
      AP  -  395 words
    • 128 13 AP THE GOVERNING BOARD ot British thoroughbred racing said on Monday that it was studying allegations that former champion jockey Lester Piggott placed bets during the time he was a rider. The Jockey Club said in a statement issued after an emergency meeting that it
      AP  -  128 words
    • 394 13 AFP SWEDEN avenged its surprise defeat by West Germany in the 1985 World Men's Team Squash Championship in London on Monday. The ninth seed, pushed out of the last eight in Cairo by the Germans' 2-1 success, turned the tables completely with a 3-0 victory in
      AFP  -  394 words
    • 205 13 Reuter THE SIXTH GAME of the World Chess Championship between titleholder Garry Kasparov and challenger Anatoly Karpov on Monday was drawn quietly in 28 moves. After over four hours of play Kasparov proposed to split the point and the offer was immediately accepted. The
      Reuter  -  205 words
    • 512 13 UPI WHEN Minnesota fans finish digesting their first title in 33 years, they will ask the same question other fans do: can we repeat? History suggests not. Andy MacPhail, the man who built the Twins, says yes. "We will be better
      UPI  -  512 words
    • 375 13 AFP SEVERAL THOUSAND football fans and students defied a ban on spontaneous gatherings in Beijing to celebrate China's victory in an Olympic qualifying match against Japan on Monday. The football fans, joined by at least 1.000 students from Beijing universities, marched around Tiananmen
      AFP  -  375 words
  • Page 12 Advertisements
    • 825 12 3d wi we, Mate and 999 9 9 "Ll/T «r I ir sr *ft t I i o p&ieif#Po(icy a band with a faraway name but whcfe right at home with the crowd at Treetops Bar... 8 pm onwards. J|| Ro||ri^^^uC9ngapon Good Times are A'Rotting Roil out the good times
      825 words
    • 214 12 *W f France at Theßdvedere The Belvedere's French buffet luncheon. An incredible selection of more than 60 authentic favourites, from now till October 29. It's as good as being in France! 12.00 to 2.30 pm daily. Adult: $31/ Child: $15 Prices subject to 10% service charge and govt tax. The
      214 words

  • Page 13 Advertisements
    • 189 13 mmmm in The Bounty of the Hunt. Every evening between October Ist and 31st, the Hubertus Grill presents a game menu of specialities rarely available in Singapore With such noteworthy offerings as Home-made Game Terrine. Essence of Pheasant, Medallion of Venison 'Cumberland' and Roast Pheasant Flaemish Style Come seek out
      189 words
    • 236 13 Enjoy the best jazz entertainment in town amidst tum-of-the-century decor. Plus an exceptional choice of spirits and cocktails. Open spm 2am. 2nd Floor, Westin Plaza. For reservations, call 338 8585 ext ***** or 330 8310. The Westin Plaza Raffles Chy 2 Stamford Road, Singapore 0617. WESTIN Hotels Resorts THE PEOPLE
      236 words
    • 402 13 THE COMPANIES ACT, CAP. SO HERALD INTERNATIONAL (S) PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of HERALD INTERNATIONAL (S) PTE LTD duly convaned and held at 20 Maxwell Road #04-01, Maxwell Houae, Singapore 0106 on Monday, the 26th day of October 1967, the fbtowing special reeolutione set
      402 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4109 14 SELECTIVE bargain-hunting which emerged in the afternoon helped there prices on the Singapore stock market recover tome of their earlier sharp losses. At the end of the day, however, there was still a net loss, with the Straits Times Industrial Index down 46.95
      4,109 words
    • 257 14 SINGAPORE RIsm 40 In Oct 3ft ij 6a 27 ICS 650 IT Ciwpwfti 7ft Iftft £3.94 GviMW 50« 270 17 •TOft/OS -*39 -9ft* S 1 A •13 13 IT Cadi -ftft«0 Stmm Darby SO* 21« 11 IT 10-ftay MA -*379 '*434 Em 50* 310 10 IT OftV
      257 words
    • 5202 14 SECTION ONE MOUtTMAL COMMERCIAL Am I) 12» O 1.13 11« I 10 113 106 HO 107 11« 10« M* 103 no (.00 u7i ias on ioi a i u as i io ua i i 2 AMI SMI 50« <140 SJ I» 135 (111 133
      5,202 words

  • COMPANY NEWS
    • 124 15 Company RIGHTS ISSUE OCBC On*-for-t*fl (300 per shore Ex-dot*: Oct 28 Books clos* No* 7 Shangri-la On*-for-t*n $450 per shore Ex-dot*: Oct 22 V Books close Nov 3 r U P P Five for on* at $025 par per share Ex dote: Oct 28 Books dos*: Nov 9
      124 words
    • 443 15 Company RIGHTS ISSUE Ayer Hitom Tin Three- for-one Q $250 per share Bonvests Hldgs 43.54 million 6% unsecured loan stocks with worronts in the ratio of $1 loon stock tor every 5 shores held at $1 70 per share C 1 Holdings 27 Million loan stocks in the
      443 words
    • 292 15 Haw Par's deemed interest In UOB HAW PAR BROTHERS International has declared a deemed interest in United Overseas Bank Ltd amounting to 25.53m shares representing 5.90pc of the issued share capital of UOB. This follows the recent acquisition by whol-ly-owned subsidiary Straits Maritime Leasing Pte Ltd of 799
      292 words
    • 864 15 Current El Books Dete ToM (or ToM tor Me doit peyebte ■to yeer lest yeer Austral Amol 15% Oct 26 Nov 7 Nov 25 15% Ay*' Hitom Rub I7*%(bl Oct 8 Oct 23 Nov 23 17*% '5% BAT 18.2%) Oc* 8 Oct 20 Oct 28 18.2% 38.6% B
      864 words
    • 200 15 Bernama ES THE MINISTER of Finance Inc, which holds a substantial stake in Malaysian Airline System (MAS) and Malaysian International Shipping Corporation (MISC). is working out the price of the portion of the shares to be sold to Bank Negara. Malaysian Finance
      Bernama ES  -  200 words
    • 525 15  -  By ELAINE KOH DBS LAND Ltd, which recently completed its jumbo offer of 300 million shares, is bracing itself for an uncertain reception when it makes its debut on the Singapore stock exchange tomorrow. An SES circular yesterday said trading in the 586.43 million
      525 words
  • Page 15 Advertisements
    • 151 15 XEROX Py':- X V, ■Bi v 0 i I*l > r *s i S# m £i> «Nfc V—JM 4ijr V\ i v« X -V*. 1 I >.:■ '■>•' o* *S» 'That's why we need a 1065" Time on the run. "My boss is really a neat guy. Wheneverybody was suggesting
      151 words

  • REGIONAL MARKETS
    • 385 16 Move due to failure to pay margin calls Reuter THE HONGKONG Futures Exchange has suspended 45 firms from trading because they failed to pay margin calls, according to exchange officials. Brokers working for the firms concerned walked off the trading floor after being told they
      Reuter  -  385 words
    • 485 16 Reuter INDONESIA, undeterred by the crash in world share prices, is pressing ahead with plans to inject life into its small and largely moribund stock exchange by launching a sec-ond-tier market. Barli Halim, chairman of the regulatory capital market executive agency, said yesterday the
      Reuter  -  485 words
    • 4151 16 SOME SEMBLANCE (X stability returned to the Kuala Lumpur stock market in the afternoon yesterday, helping to trim losses incurred earlier. The market closed the session around overnight levels amid lighter selling. Share prices started off easier and thereafter went lower as trading
      4,151 words
    • 1369 16 Hongkong SUPPORT from btg inveetors coupled with government and Chineee aid tor the futures exchange yeeterday helped Hongkong share prices rebound from Monday's heavy toeeee. The Hang Seng Index closed 154.03 points, or nearly 7 per cent higher at 2,386.72 after falling below 2,000 in early trading. It
      1,369 words
    • 81 16 OCT 17 Aco|a Mining pesos Oncntal B 0 0975 0 0650 -0 0125 -***** Angio Phil 0 02 uncti 048 •002 Apai Mining B 0 0750 •0 005 AHM Con i 24 -6.5 PLOT 135 -6 BMic riiolinn 0.021 •0002 tl -02 •006 San Mguai B 120 0.06 -16
      81 words
    • 397 16 Reuter TOKYO share prices yesterday closed sharply higher in heavy trading on aggressive buying by institutions. spurred by a rebound in the Hongkong market. The Nikkei Average climbed 632.40 points to 22,834.96, recovering much of Monday's 1,006.22-yen fall. The TSE Composite Index gained 36.02 to 1,854.27 after falling 88.07
      Reuter  -  397 words
    • 384 16 Reuter NERVOUS INVESTORS pushed th« Australian share market's main index down 7 per cent yesterday after further heavy overnight falls in London and on Wall Street At the cloee. the All Ordinaries Index was down 96.4 points, or 7 per cent at 1,315.6 after falling to 1,300.3 in the
      Reuter  -  384 words
    • 115 16 1 OCT XT MNT SIwiCOTM 1257 -138 Ko Kham Thai 1« -2 1 1 1 1 Bangkok Agro-tad 130 -14 Bsr>k 305 *30 Siam Food Produc* 10*3 -114 Bar*OtAyudhym 338 -38 SUgar Thai**..— 41 -8 Charoong Thai Wire Sinpinyo Fund CaMa 381 -42 0 ■>■■■!„ 293 -88 Sinpinyo Fund
      115 words
    • 250 16 Managers' prion DftS lank for Oct 28 SHa"»o« Gr K««d* Jopor Gr h«tf* 07$ I2« 0.7* 13* Singapore Unit Trust ShorHO* Thrift h«44 0.7* 07* Tho CoMTtt 0*3 100 UOi Monogai nan* Tho Sov*gi S pore Prog h*4 S'por* Sac M OtO 0-37 042 0t* 0<? 04* Un+O-d*
      250 words

  • WORLD MARKETS
    • 1140 17 New York Reuter I NEW YORK STOCKS tumbled to its second biggest one-day decline on Monday, beginning the week with the Sme bearishness that decimated Wall eet last week and left investor confidence in shreds. Sharp drops in overi seas markets provided a negative bias >2
      Reuter  -  1,140 words
    • 972 17 London AFP AFTER SIGNS of slowing down late on Friday as British banks cut their base rates, the decline on the London Stock Exchange returned with fresh force on Monday. Heavy losses were suffered by most sectors, in line with tumbling markets in Tokyo and Hongkong
      AFP  -  972 words
    • 1198 17 Selected indices HONGKONG Hongkong Index Tuesday Unov Monday *****1 Week ogo Suspended All Industrials Tuesday Monday Week ogo NEW YORK 2028 8 ***** ***** Hang Seng Index Tuesday 2395 72 Monday *****9 Week ogo Suspended Dow Jones Monday Friday Week ogo *****3 1950 76 *****1 TOKYO Nikkei Average Tuesday *****
      1,198 words
    • 628 17 Reuter WALL STREET is looking for light at the end of the tunnel after a gloomy 156.83-point drop on Monday, but there are no clear signs that the world stock market plunge has ended. "Panic still prevails in the world stock markets, especially since
      Reuter  -  628 words
    • 556 17 NYT IN THE FIRST REPORT of how a leading brokerage house fared in last week's collapse of stock prices. L F Rothschild Co said on Monday that it suffered a US$44 million net loss so far this month. The losses came
      NYT  -  556 words
  • Page 17 Advertisements
    • 11 17 Naked Truth: Exposure in The Straits Times Classified catches the eye.
      11 words
    • 477 17 DAH YUNG INVESTMENT LTD 1 (Incorporated in the Republic of Singapore) (1) Halt Yearly Unaudited 30th June. 1987 2a) Operating profit after deducting 30/6/87 30/6/86 +or- 30/6/87 30/6/86 +orSS'OOO SS'OOO ***** SS'OOO 768 310 148.0 406 118 243 0 (1.075) 8 NA (140) 57 -348.0 N.A. N.A. (1,075) 8 NA
      477 words

  • 522 18  -  Policies to build on past achievements By BOEY KIT YIN ENCOURAGED by its success in diversifying trade into new markets and products in the past 12 months, the Trade Development Board will intensify its efforts to enhance Singapore's position as an international trading
    522 words
  • 221 18 ASEAN economic ministers will be gathering here informally for a two-day meeting beginning tomorrow to finalise the new initiatives to be put forward at December's Manila summit. The meeting will finalise the various new initiatives for Asean cooperation that were agreed upon three months ago
    221 words
  • 50 18 AFP PHILIPPINES Armed Forces chief Fidel Ramos has ordered the provisional release of 55 soldiers detained for involvement in a right-wing military coup attempt in August. Investigations this week revealed that the 55 were misled by their instructors to join an unspecified "test mission" into Manila. AFP
    AFP  -  50 words
  • 271 18 SINGAPORE recently won the prestigious position as London Metal Exchange's port of delivery in Asia, against keen competition from Hongkong and Japan. This means that while trading is done in London, delivery can be made in Singapore, which will be the
    271 words
  • 302 18 Reuter TIN FUTURES closed cautious on the Kuala Lumpur Tin Futures Market yesterday with prices moving narrowly throughout on the first trading day. One dealer said it was a good beginning as yesterday s turnover was 145
    Reuter  -  302 words
  • 248 18 Reuter SUPPORT is growing in the metal trade in London for a relaunch of the London Metal Exchange (LME) tin dealing which was suspended two years ago after the collapse of the International Tin Council (ITC). Although the Kuala Lumpur Commodity Exchange launched a new
    Reuter  -  248 words
  • 455 18 MALAYSIA'S Opposition leader Lim Kit Siang and six other members of his Democratic Action Party (DAP), including his MP son, Mr Lim Guan Eng, were among 12 prominent politicians and academics arrested in an unexpected crackdown that reportedly commenced early
    455 words
  • 241 18 Bernama MALAYSIAN Labour Minister and Malaysian Chinese Association (MCA) Deputy President Lee Kim Sai will go on leave from today. Party President Datuk Dr Ling Liong Sik announced this after a twohour MCA central committee emergency meeting in Kuala Lumpur yesterday. He
    Bernama  -  241 words
  • 155 18 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba yesterday described Malaysians under 30 years of age who cannot read, write or converse in Bahasa Malaysia as not having given their full loyalty to the country. Speaking at the opening of the national conference on modern language in
    Bernama  -  155 words
  • 308 18 TRAVEL INDUSTRY executive Cheong Kim Hock, who got less than he bargained for six years ago when he tried to buy a flat in Elizabeth Tower, is finally getting his deposit back, plus interest. Yesterday, the executive vice-chairman of Cultural Entertainment Holidays
    308 words
  • 313 18 The National Bank of Brunei trial THE NATIONAL Bank of Brunei's phoney profits were boosted by unpaid interest on loans to Khoo-related interests which were rolled over each year and tagged on to the bottom-line, the Brunei court was told yesterday.
    313 words
  • 143 18 AFP OPPOSITION groups in Bangladesh staged nation-wide demonstrations yesterday on the second day of an anti-govern-ment campaign which has left four people dead and more than 200 injured. Nearly 1,000 people have been arrested since the anti-gov-ernment agitation began on Monday. Meanwhile, opposition sources said that
    AFP  -  143 words
  • 153 18 Reuter GOLD futures softened on mixed selling yesterday morning as the recovery in Wall Street stocks lessened the need for investors to take hedge positions. December gold was off US$3.6O at U*****.80 an ounce, which penetrated Monday's low of U*****.20. Analysts said the metal added to
    Reuter  -  153 words
  • LATE FILE
    • 72 18 Bernama ATTORNEY-GENERAL Tan Boon Teck and his Malaysian counterpart Tan Sri Abu Talib Othman arrived in Brunei Darussalam yesterdsy tor a three-day official visit, s Radio Brunei bulletin said. The two attorney-generals cslled on Justics Minister Pengiran Bahrain Pengiran Abas who is also Brunei
      Bernama  -  72 words
    • 42 18 Bernama MALAYSIANS residing overseas continuously for five years stand to toee their citizenship if they fail to report themselves st the Malaysian missions once yearly, Deputy Home Minister Datuk Megat Junid Megat Ayub aaid yesterdsy. Bernama
      Bernama  -  42 words
    • 32 18 AP The US Under-Secretary of Stat* Michael Armacost tokl President Corazon Aquino yaaterday that Waahlngton was releasing US$75 million more in aid to her government. AP
      AP  -  32 words
    • 28 18 Reuter DEFENCE MINISTERS of the Western European Union agreed yesterday to strengthen coordination of European naval forces in the Gulf, said a Dutch defence official.
      Reuter  -  28 words
    • 59 18 Reuter The UK Treasury said it was legally obliged to hoM talks witn unoerwr iters of British Petroleum Co's £7.2 billion share sale after NM Rothschilds A Sons Ltd requested such consultations yesterday. "We are under a legal obligation to consult with Rothschilds (who will act)
      Reuter  -  59 words
    • 47 18 Reuter SOUTH KOREANS voted peacefully yesterday in a referendum to approve a democratic constitution, with provisional figures showing a turnout of almost 75 per cent nationwide. Though results were not due until today, electors looked set to give overwhelming endorsement to the charter. Reuter
      Reuter  -  47 words
    • 52 18 Reuter SOVIET Foreign Minister Eduard Shevardnadze called in US Ambassador Jack Matlock for a meeting yesterday, sparking speculation that Moscow could be making a new proposal on a summit. Reporting the Shevardnadze initiative, the official Soviet news agency Tass said the two discussed "matters of mutual
      Reuter  -  52 words
    • 55 18 Reuter JAPAN'S industrial output is likely to rise 2.7 per cent in October from September but slip 2.2 per cent in November compared with October, an official of the Ministry of International Trade and Industry said. The ministry earlier reported that Japan's output rose 2.5
      Reuter  -  55 words
  • Page 18 Advertisements
    • 80 18 FOR SALE BY TENDER SSS? Urochrr A Tender Doc—mti naiUMr from Sole Agra* HKnightFrank Cheong Hock Cljye A Baillieu (Property Consultants) Pte Ltd 16 Raffles Quay *29-01 Hong Leong Building Singapore 0104 Tel: 222 1333 Wex: VALUER RS ***** Fax: 224 5843 A PRESTIGIOUS MODERN OFFICE 'mm*. BUILDING WITHIN .gJn
      80 words
    • 38 18 M.UfeJ&U 19ff2 SAINT-LOUIS Beaujolais AmLLATIOM BEAUJOLAIS CONTNOL{€ mm i» aovtMUi mm Barton Guestier PHOOUCC o» WANCI n ttfGOCMMTS (LCVfUftS A «LANOU€fO«T M "Doycu know Beaujoktis goes with cheese?" "No, but you sing it and I'll just hum along"
      38 words

  • SHIPPING TIMES
    • 548 19  -  By JUNE LIM NEPTUNE Orient Lines has entered into an agreement with Japanese yard Imabari Shipbuilding for the construction of two 3,200-TEU vessels. The deal was signed in Singapore last week after nearly six months of negotiation. The vessels will be built on the
      548 words
    • 178 19 AFP INDONESIA has urged national shipping companies to invest in new freighters to reduce the dorr i nance of foreign liners in the country's cargo business. Indonesian Transport Minister Rusmin Nuryadin told a conference of the Indonesian National Shipowners Association (INSA) in the West
      AFP  -  178 words
    • 187 19  -  From Kingsley Wood HALF THE DISPUTES on the Australian national waterfront this year have been concerned with foreign political issues and is in no way related to port affairs, according to the Australian Chamber of Shipping. A survey conducted by the
      187 words
    • PORTSIDES
      • 140 19 THE PUSAN container terminal is to have additional container handling equipment installed in the first half of next year, increasing its capacity from 900,000 TEUs to one million TEUs per yer. The South Korean terminal will have one more gantry crane, bringing the total to
        140 words
      • 89 19 Reuter THIEVES who removed 39 steel bolts from a bridge have paralysed heavy goods traffic across the Rubana River in northern Tanzania, officials said. About 90 trucks, most of them carrying cotton and food from landlocked Burundi and Rwanda to the Kenyan port of Mombasa, are
        Reuter  -  89 words
    • 874 20 Reuter MAJOR UNITED STATES railroads could be driven out of business or into bankruptcy if a bill to re-regulate the industry becomes law, rail industry official* said. "tf it passes, revenues will decline because we'll lose more and more market share,'' Consolidated
      Reuter  -  874 words
    • 271 20 UPI A HULKING, sullen-grey barge that housed nearly 1,000 British troops during the Falkland Islsnds war anchored at Manhattan's Pier 36 in the East River on Monday, ready to begin a new life as a 396-bed city jail. The Bibby
      UPI  -  271 words
    • 895 20 A» Shpg V 5 AtC CooWMtr vw 1 Accord Shpg VI 3 Ahronkiol linor 1 Africa Ocoon XN 2 ARtront VII 3 AC Toop*' XI s Amoricon Tpf XI 4/5 Anro Sormc# IV 2/3 Arrow lino* a 5 Avon Ocoon VI 3 AtVn lino X s AMI
      895 words
    • 1768 20 FULLY steady rates continue to be paid tor Panama* vessels carrying grain out of the US Gulf on Monday with two cargoes covered to Japan at US$lB. shipbrokers said. A vessel with 79,000 tonnes dw cargo capacity was arranged from the Gulf to Rotterdam at a lump sum
      1,768 words
    • 314 21 Owners need at least 10-20 worldscale points to cover cost Reuter INTENSIFICATION of the Mid-East Gulf war through use of hsavy rocketry, combined with a marked rise in war risk insurance premiums, makes it completely unattractive for tanker owners to risk operating
      Reuter  -  314 words
    • 262 21 ACTIVITY in northern French ports came to a standstill yesterday because of a 24-hour stoppage by dockers in support for a three week-long strike by their Marseille colleagues. French union and port officials said. They said dockers in Le Havre. Oieppe and Rouen, France's main
      262 words
    • 912 21 AFP BUOYANT demand for vessels of all sizes in both single voyage and time-charter sectors saw a widespread rally on the freight market during the pest week. As a result, the Baltic Freight Index (Biffex) had risen to a record level of 1,144.5 points by the end of
      AFP  -  912 words
    • 182 21 AP Reuter TYPHOON LYNN, downgraded to a tropical storm, has left a trail of damage in Taiwan. Though there is no imme- diate estimate of overall darrw age caused by the typhoon which hit Taiwan on Friday, the Taiwanese National Police Administration said
      AP; Reuter  -  182 words
    • 8205 26 aaaaaa&B 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
      8,205 words
    • 1170 27 AT CONVENTIONAL WHARVES Mo(u Yong Huo SPC XI Toryong Jl JI2 J9/I0 28.10/1200 *****800 2810/0800 2910/1000 28 10/1800 2910/2000 rmon tafMABMKft MARINA WHARVES wnAnYta Anonos Indaro Partono Mudonshon Koto Mutioro Korl M Stodl fohwog lino 101 top* Brook* *Ov«n Arrow SoutHam Cory Sow ft Frolosingopora KOfO 'VWKKO
      1,170 words
    • 2035 28 A B AB Shipping Boustead Shpg Agandee. ABC Containedin« NV Spore Shpg (S). Acoord Shpg Accord Shpg (S). Africa Ocean Unas Seal lon Shpg (8). Ahrenkiel Linar Kim Shpg (S). Alfred C Toapfar Ocaan ut Shipping Aganciaa (S) Multiport Sdn Bhd (PK). Alltrans Alltrana Express. American
      2,035 words
    • 417 30 Lloyd's List DOBAI's Port Rashid Authority is prodicting a big jump in its year-end figures for container traffic, which will be announced at the end of December. In 1966, the port handled 383,189 TEU, but it says increased traffic and a generally
      Lloyd's List  -  417 words
    • 256 30  -  From KINGSLEY WOOD THE FUTURE of the small freighter, Arka 2. under arrest in Sydney since Sep 2, remains uncertain with the owners still unable to secure sufficient funds to satisfy creditors. Arka 2, formerly Helen Coast, started a direct liner
      256 words
    • 162 30 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): "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 Djakarta Lloyd Nedlloyd Lines
      162 words
  • Page 19 Advertisements
    • 662 19 S3S>- j&ome umm agencies a+1 %f||fm n CaMamrt M #12-05 SoaipSt. Miff/ ummta£xwowanw TVMmjcn w awa m ■ookink t* mux KMKA JAJKMK W»WB WBOP ««..Jig. POTT ROAM TEL 3M4IU Tata 1. MA3M77AM3WI PENAM TO. 0*144 Tad NO NA4WB CFS f j—*M TP- HOUO TELEX NO. W> North amepica ah antic
      662 words
    • 115 19 mm MAJOR UNITED STATES railroads could be driven out of business or into bankruptcy If a bill to re-regulate the industry becomes law, rail industry officials said. Page II INTENSIFICATION of the Mid-East Gulf war through use of heavy rocketry makes it completely unattractive for tanker owners to risk operating
      115 words
    • 804 19 H« S.E. Asia ■pset the West iii lEMI ji \j-\y vi! ♦•LAWOUS. TRAGIC OAmmmtun MrnmOtmaH Good Bookshop* m MAERSK LINE WEEKLY TO EUROPE NEXT SAILING: CECIUE MAERSK VOYAGE S7l* ETD SIN 31/10 To F UK ra* a F TEW? Tha mk Cacifc* M Ctoaing Tim CY 31/10 '500 MRS CFS
      804 words

  • Page 20 Advertisements
    • 451 20 £3 C SAV EXPRESS SERVICE TO/from CHI FEEBCR VESSEL CSAfI CSA< 2 CSAV 3 ffOffi JS 17/11 ■OTMER VESSEL A VESSEL CM CARRIER SW MK ARICA IQQ ABTWVALP SAI 7 a& »/u w iw vn m na CARGO FOR PUNTA ARENAS, TALCANUANO (SAI* VICENTE) ACCEPTED WITH T/S VIA VALPARAISO SSBMOIi
      451 words
    • 20 20 Line* and services represented by -Member* of the Registry of Accredited Shipping Agents, Singapore National h|n ntn S ontppfng ASSOCIOTKXI
      20 words
    • 389 20 CHA RGEURS RE UN IS f." ALTAI HARU CI P MONK wtainerised service SPORE lA-REUMON *11 IWII 2*ll to to HAunmu*, luanda. i pnoipe pgentnaimcvule douala cotonou 2201 2*12 5/12 7/12 *02 13/12 R. WPIAIHA. NAWY, OUAOAOOUOOU, KMO MOUL—< I PNANCnVXI, MUZAVUA NOUAKCHOTT OH 04MCT M Optorg Shipping Pte. Ltd
      389 words

  • Page 21 Advertisements
    • 704 21 Mansfield Container Shipping Pte Ltd nmpv P&O m. mvTUL Containers Limited The Straits Steamship Group STRAITS SHPPMG jfclrli f I'll' 1 Rl-'.ViIJ J 3ESS i.ial MUM MT raMKHMT antes OSAKA MT KITAMD MAAU UUNSMT HOM MK OMR CAAMAN MT ft CASUS PMGRESS KM »Ulw am nm am am am D|U
      704 words
    • 517 21 Signatories of the General Cargo Contract of the above Conferences are advised that, with immediate effect, the name of "American President Lines" should be deleted from the list of Carriers in the Contract. EUROPE USA PANAMA 1 ll.tt lilt Hit ti.it I ait ait IUI lUI l.mr't .Ht < IL
      517 words

  • Page 22 Advertisements
    • 372 22 0N T AINERSHIP SERVICE TO UK,CONTINENT S*para PK VU *U 101 *11 am I*ll I*ll 2201 wi «oi «oi *12 *12 I*l2 12/12 opt I*l2 17/12 22/12 M/ 12 3*12 *02 10 10 110 I*l HOI 2201 2*ll 2*ll 102 *12 *12 I*l2 1102 1102 I*l2 21/12 2*12 2*12 3*12
      372 words
    • 436 22 KOREAN JACEJIN 4m W" W1 j*}} neptune cimm c* *n 2*ll wu ijj CHINA CONTAINER 42* I*ll *JJ WJ Jfj *}j HONGKONG CONTAINER 52N 22/11 W« WJ Wj Mj TRANSNORLO MIKE 4M I*ll W/U I*l2 I*l2 21/12 22/12 AUO CALLING ANT*** VIA ROTTEROAN PRHAM CTW «A FHBU «Ba I ROM
      436 words
    • 422 22 a FREIGHT LINKS EXPRESS PTE LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT ACCEPTING FCL/LCL TO JAKARTA HONG KONG BANGKOK KEELU NG/KAOSHIU NG MANILA BUSAN TOKYO/YOKO 31/10 7/11 30/10 5/11 31/10 7/11 1/11 8/11 30/10 3/11 5/11 12/11 30/10 3/11 ESHSJ ESjnnnfi NEW ZEALAND UK/EUROPE ETA 2/11, 16/11
      422 words
    • 976 22 EVERGREEN Round-Thc-World East Bound (FE/CARIB USEC EURO/FE no eoiMi I EVU MTWHOO OUARR eve* cwwth EVU UVINQEVU GUANO MICMUS Eva CKET ALSO ACamNG CAMO TO: an «u w w vu yu u/u mu 1201 MU MU aru ugi wi aiu w am mi vu ¥u yu w w uju TTO
      976 words

  • Page 23 Advertisements
    • 633 23 PACIFIC INTERNATIONAL LINES W\ PiL Building. 140 Ceol Street 03 00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE LLBANGKOK CONTAINER SERVICE NORTH EAST ASIA CONTAINER SERVICE MM KAO M MIR MTC m m ant iim am «ni am wn iani wii wii aani PTVA BHUM mmowAw.
      633 words
    • 219 23 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT toy |w w |an m an vi m EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRAM TO/FROM PERANC AND EAST KkJJEBSEN LINE ■L NF W ZE Al AND m I OUTBOUND TO USA/CANADA FULL CONTAINER SERVICE KTTMR MR IMW LARS MT CONTAINER
      219 words
    • 338 23 itDJAKARTA LLOYD NiX'V AN N A NA \f I*Y:lf Jl'ii'i3,t T i>'v SINGAPORE TO E mmy srow mwo gngr m SMRUAVAJBRR It-21/12 I*l H# E3 p ep*o n p S3 4V. > S CJL A JA Y A ACEXCIM <, 111A1 PT! LTD f DJAKARTA LLOYD N"( :VSAN N A
      338 words
    • 253 23 BOUSTEAD SHIPPING AGENCIES LASMOMI ntmevwa mm PA-AN Vlm (BunvwM National Line) Loading for Rangoon S port P.Kolonf Pwin Pimfcot aS 87: 2*31 Od BANK LINE WTHWWPTQW spore roan hull mm TAMAITAI SAMOA VUN 2/11 2S/U 2/12 FORTMBANK V2M 3/11 2Sfll 202 29/11 IVY BANK Vm 21/11 9|fl2 21/12 M/ 12
      253 words

  • Page 24 Advertisements
    • 993 24 A M K LiriE SHIPPiriG-DATA ATLAriTIC COAST (Round-The-WofW Service) TK/PNG SPORE LI CHLS ORIENTAL FREEDOM VU SM »Oct 21 Mm 1 tec ORIENTAL FAITH V 5 31 Oct 51m SNh lOk ■VIA FEEDER PACIFIC SDLJTH-UJEST FEEDER VSL TK/PNG SP •OTHER VSL LA/IB OAK CHICAGO ORIENTAL FREEDOM VISSM 21 Oct MACKINAC
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    • 545 24 m AUSTRALIA EXPRESS CONTAINER SERVICE FCL/FCL Comiiwu P.Kalan, lUaar W rporf llMk hm SfM Maa Act** V.37 n Oct 11 Nan B Na> M Na» M«lm 20 Dk 8 Ok 27 Ok AMtyOrn INDIA EXPRESS CONTAINER SERVICE AtMpdng FCL/FCL ConWntn P.Kata«| Nwi laadwi lor Mottv Vil By Faadar By Ft**
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    • 566 24 GOLDEN LINE GUAM GUAM SHPTIK (PTE) LTD MUM (N IMS) For MM STRAJTS/f«S4AN GULF SERVICE: r»« am Oct 11/12 No* 11/UNw CHINA SERVICE JUXU rwl CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OFCHINA P. KUNE T* M-aumi. JUtt ram ht bmim7, mm rum amm man u.m <m 7. Mm
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    • 258 24 PHILI OmtNT LIN€S PT( LTD B l|ViL i j i. fin E3 K CM v ''l > nm 7ii jy 11.. .v rmn n=s k~ SB ncm iTVTS c i J r.v. tvusm an VLAD VMUTAEV IVII u t... i r H 3=3 Ll^k rr^r. am. m rrry EURO aox
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  • Page 25 Advertisements
    • 719 25 TEST Spsrs T«4 ft# NOL !l NEPTUNE ORIENT LINES LTD S NCPTUNE AGENCIES PTE. ITO. Tmwml CFS mm maa FE EU/AUST TPA/SEA vmua aaui nepline SON. BHD mm NEPIINE SON. IMO. *MW NEPLINE SON. BHO. IJ— NINa|HNHNB« NEPIINE SON. BNO. aBM/MOMI m PE/UK (VIA SUEZ) P.RatMg rpn (3CKW) l/ll WD
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    • 300 25 Vmml'i Nama tpn PN NaIDNPNN a/M m. Mmwhmfnrn mu vu Na 7 Oanmpm a-MAI fto IDN/711N 14-17/11 •to i mpm a-M/u no i mpm turn N. EMarfri*a/71SN M/U p Mtom Bmw a# a/11 mai mai M-MAI IIAI OAI 11-mi HHAI HAI U-MAI aAI«Ai MA2 a-SAi a-«Ai aru M-M/12 M-17/U IWU
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    • 666 25 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Tarminal Offer *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** «l HANDLING SYSTHI CO SON. MO. to. 14 Mm CmA Nrt Mh* SMmmbt, Mm T«t XK(3/3MD«V3M2O7
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    • 30 25 Zr* EMBASSY/FRIENDSHIP Jjh FREIGHT SERVICES yj/ JOINT CONSOLIDATION WEEKLY LCL/FCL CONFERENCE/NON-CONFERENCE SERVICES TO: EUROPF ANTWERP/ HAMBURG/ LE HAVRE/ ROTTERDAM/ UK/ SWITZERLAND FAR EAST BANGKOK/ HONGKONG/ KAOSHIUNG/ KEELUNG SOUTH ASIA BOMBAY/KARACHI/MADRAS
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  • Page 26 Advertisements
    • 272 26 VLB Dfc b T F RACHT/St EREEOERf INTEGRATED FULL CONTAINER SERVICE RAKKUL HB THAELMAN M 7 7/11 1110 l IflAl 3*u 13*11 Itu *02 7112 1212 19(11 I- I 3/12 112/12 12/12 114/12 11V12 •VIA COLOMBO: Act**** carp for INDIA Bombay. Cochin, Madras Calcutta -VIA LARNACA: Actaptmf carp for Lattakia.
      272 words
  • Page 26 Miscellaneous
    • 156 26 Regional Weather m m mi m a 4 i 9 3* 4*2 m m > y •L?£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^' Wind direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature c X\ Shoe Weather Wmd direction with speed m knots
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  • Page 27 Advertisements
    • 665 27 ScanDutchV TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY K5 X x 1«U U/U 12/11 M/U a/u afu aru n/11 Vi Mi wi am TO RED SEA EAST MEDITERRANEAN WEEKLY Ti S2 |Isl 12A1 E3E 7/11 SONafcatfa/DI wu so mm iig TO WEST MEDITERRANEAN WEEKLY 24/14 SO HamlMtfm aru Ml utll IVU II|U
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    • 133 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. c n an 1 mU tuy IJ j a ui —j Ia 4 1 yuaJ Algerian National I inp STORE LOADING FN M.V. KSAR a BOUKHARI Ml M.V. BOUIRA ism ..r AU VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Hmt lilt 100 tM I'lihbli
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  • Page 28 Advertisements
    • 313 28 TO M\l I l\| II Ml I IM'I \<. I'll lII* I I KOIM SI K\ r:rr— r~r, FAR FAST SFR\ICE i v. ii.v ir~^bezi: MIDDLE FAST GULF SFRVICF WEEKLY HKG/CHINA SERVICES international nonyii rofwimra ACCEPTING FCL/LCI TtAKUT TMJMTS nßwmi i mi itow/uxhow UK ANKLES FOtTWttHTIY WEEKLY WEEKLY WEEKLY WEEKLY
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    • 217 28 Z I M 3ZJ fl' 11 "I'l ACCEFTIW CAMO TO AOEUUSE WWW MO ALSO RX TO NML i MM- Il v n dSaZrZXZ *S—LCura it GOLD STAR LINE nm nmm i a AMiiinffii—l wifTnUinnii Pwt tUr^yrVP^UrrUiß?. 15/11 Sputa. Mm. I*ll I MAWU. wth.Wwm.lw6w. W tmrrm memoes isi m in TO
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    • 249 28 Everett Lines/ ""tf&ssr* PERUVIAN STATE LINE" LOAMNG FOR JUT ANO AUOTHEf Peruvian poßrrimi transhipment atko* oii CPV THROUGH BILL Of LAMM TO FINAL DESTINATION WRRAYEVERETT M/ 17 Nor JONNEVEUTT S/SNw "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR YOKOHAMA, KOBE, NAGOYA, ■Oil. TOKYO* AND OTHER JAPAN PORTS* ALSO ACCEPTING
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  • Page 29 Advertisements
    • 103 29 Hamburg West Germany Tiger Line VtfiCt VOY SIN CALCUTTA MADRAS CWTTACOMC LOTTE SCMCEL V2t SLD 27-31 OCT 2 NOV V 27 7 NOV 13-17 NOV 19 NOV PHaylfc VI 9 NOV 14-1 SdfWABENLANO V 9 14 NOV 19-2 BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS *****
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    • 61 29 3 1 Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI ft OTHER PORTS EM. S PORE Etd. PKLG WEEKLY SAILINGS CONSOLIDATION SERVICE FROM: SIN6APORE/P.KELANG ■'it'll'>'!'! rr BREAKBULK CONTAINER SERVICE TO CHITTAGONG INDIA TAIWAN XINCMCNG (PRC) FANCXIN6 (PRC) LIZENA PTE LTD T«h *****47 |T«4tx: RS2SI4I A VESSEL STELLA ARMADA
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    • 114 29 to PERINTIS LINE SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA PANJANG ETA ETD ETA ETD ETA ETD RATU KONSORTIUM 52-53 3MI ljll Ifll W- yjsisiE: PRABHKATI m-W In Pt 2*M H/M «/JJ m-m miu Win mm mm mm 119-111 11/11 12/11 14/11 I*ll 15/11 11/11 112-113 11/11 I*ll 21/11 22/11 22/11 23/11
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    • 466 29 THE NATIONAL -W2l *tl COMPANY OF SAUOt ARABIA SERVICE TO MBOLE EAST rrrr regular SINGAPORE 5 MOV 13 MOV S. TAIUK FEA K7 I BKC 1 MOtC I 14 OCC Accepting Imttatl, toll*, Cwmtmn > FO. C—tolmri If Mwrjah, DBm md Wpßi REGULAR RO-RO SERVICE TO USA/CAMADA i'»r -Mi ,i:
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    • 245 29 Carp •mMrp T«i: 22K» Th: ***** MTMSEA Fax: 2257*5 IS Am Chiang *mt, /EMS. Smtm* In!gwppw n > V S M- IH W e- 1 PHILIPPINES SERVICE TO/FROM VSL PNC PKLANB MP MANILA DIAMOND STAt V. 12/17 I*ll 22*11 fM 111 1 n u Uulp fW MNh 19 InNCWIiMa rMppMH
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  • Page 30 Advertisements
    • 323 30 Hai Sun Hup Co (Ptc) Ltd •si II x rs ??ofii RS t I \s| I K\ K I I\ l K II!) mUUTS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! T*P* Onto Yokohama Kate •Subject inducement Loading at appropriated Berth P4-P5 NOTE: AISO CALLING OTHER JAPANESE POUTS, HONGKONG,
      323 words
    • 664 30 v t; COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMF-CONTAICF SERVICE TO ROBI/A'DAM MSG HULL (U.K.) 25/11 mu vu aw 29/11 3/12 20/12 24/12 21/12 12/1 M/l LliULul EE ui r7r ,^r ~S;i;?ff' A I SPORE PRO-ATLANTICA VIS In Port MORAYBANK V4S 13/11 Acceptinf via Transhipment to
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    • 768 30 wiiimm, CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 3SK7S3/3U7111 (¥-€*****/4, *****3 07-241 M 07-*****3, *****5, *****0, *****1 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE ;v«rTi I BUTANG M 7 rrn rrn OTHER DCSTINATKMS: AARNUS AMSTERDAM, ANTWRP BASLE BREMEN BREMER NAVEN. COPENHAGEN, HELSINKI. MALMO.
      768 words