The Business Times, 5 November 1987

Microfilm: NL16022
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMiS MCI (P) 112/12/86 THURSDAY, NOVEMBER 5, 1987 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    149 1 Overseas markets Wtdnttday HK Hang Seng Index 2077.11 (-103.63) Tokyo Nikkei Average *****.53 (-298.07) Sydney All-Ordinaries 1290.4 (-74.7) Tuesday New York (Dow Jones) 1963.53 (-50.56 London (FT 30 Index) 1286.1 (-56.6) (Wednesday noon: 1,228.9; -57.2) Exchange rates US$: 137.25/35 yen 1.7150/60 DM S$2.0605/15 M$: SS0.8218/26 Simax Euro-S
    149 words
  • Article
    Lock icon US problems will not drag down UK economy, says Lawson
    385 1 Reuter ANY INTENSIFICATION of problems currently weighing on the US economy will not drag the UK economy down in its wake. UK Chancellor of the Exchequer Nigel Lawson said yesterday. "Although it might mean that our rate of growth, our
    Reuter  -  385 words
  • Article
    Lock icon Survey report on political reforms causes outcry in Hongkong
    462 1 AFP THE RELEASE yesterday of a government survey report on political reforms in Hongkong before China's scheduled takeover in 1997 triggered an outcry among local legislators and critics. A group of legislative councillors headed by outspoken Martin Lee dismissed the report
    AFP  -  462 words
  • Article
    Stockbrokers tighten safeguards
    787 1  -  Measures stricter than those under SES delivery and settlement system By ROSIE TAN MANY STOCKBROKING firms are beginning to tighten their trading practices to insulate themselves against their clients' losses in the wake of the October stock market crash. In the past two weeks, they have instituted
    787 words
  • Article, Illustration
    Shares take another beating
    502 1  -  By AMY BALAN LIKE FALLING DOMINOS. share prices in the world's stock markets took a tumble again yesterday after Wall Street's 50-point drop overnight. The already weak US dollar, which fell to even lower levels yesterday, only served to dampen investors sentiments further. From Tokyo and
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  • Article
    Lock icon US plan for service trade meets resistance
    138 1 Reuter AMERICA'S proposals to open service industries to more global competition drew criticism yesterday from Third World nations anxious to protect fledgling service sectors. The proposals covering service industries that include banks, insurance and data processing were presented on Tuesday by Richard Self,
    Reuter  -  138 words
  • Article
    US dollar's decline slows
    120 1 THE US DOLLAR'S descent appeared to be slowing a bit yesterday, although it still registered another record low against the Japanese yen in Tokyo. The greenback fell 0.33 yen to a post-war low of 137.25 yen. In London, the dollar opened below the 137-yen level, while
    120 words
  • Article
    Lock icon Dow Jones lower in early trading
    67 1 Reuter WALL STREET stocks fell over a broad range in early trading yesterday following sharp declines in Tokyo and Hongkong and London, and the weak dollar. Stock index futures were at a wide enough discount to suggest possible program selling on the bell. The
    Reuter  -  67 words
  • Article
    Lock icon London shares fall further
    63 1 AFP SHARES DROPPED further yesterday on the London Stock Exchange. Brokers put the blame on a declining dollar, which weighs heavily on international exporters, and on the US budget deficit riddle. At 1200 hours GMT, the Financial Times Industrial share index was 57.2 points down at
    AFP  -  63 words
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      191 1 A TIENGOURTi? SICHUAN CUISINE fig King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 r 11 PROPERTY SUPPLEMENT Stake this out AMID THE TURMOIL in the stock and money markets, a stake in property may look like an even better bet for the investor. The signs have already been pointing
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      Page 1 Advertisements Column 2
      304 1 Lawson predicts 4pc growth for UK, Page 4 mm MORE MAJOR electronic companies set up international buying houses here this year, resulting in increased business opportunities for Singapore companies. HOME NEWS. Page 2 LABOUR SHORTAGE and the problem of high wage costs in Singapore's manufacturing sector will be some of
      304 words
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      208 1 ?<:''!?:$};@`$-*.~"/?;'`:`|!:^' Another drubbing lor tha US dollar, Pago 7 Focus, Paga I PAGE 3 Tumble could be good for world economy PAGE 4 Market give* warning about US deficit Reagan US looks set to condone further fall in dollar US companies yet to cut back on spending PAGE 10 After
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  • HOME NEWS
    • Article
      More international buying houses set up
      433 2  -  By BOEY KIT YIN BUSINESS opportunities for Singapore companies have increased as a result of more major electronics companies setting up international buying houses here this year. More than 10 international procurement offices (IPOs) were set up this year, bringing the number of IPOs
      433 words
    • Article, Illustration
      Forging stronger bilateral ties
      422 2 THE CLOSE RAPPORT that has developed between the second generation leaders of Singapore and Malaysia should filter down to the peoples of both countries. Malaysian Defence Minister Tengku Ahmad Rithauddeen said yesterday. Speaking to reporters at the end of a three-day official visit to Singapore, the
      422 words
    • Article
      Wong Hong Toy quits Workers' Party
      359 2 THE Workers' Party chairman. Mr Wong Hong Toy, quit the party yesterday over what he described as the reluctance of secretary-gener-al J B Jeyaretnam to open the party to young professionals. Mr Wong's resignation came after his failure to get businessman Low Yong Nguan
      359 words
    • Article
      On management of water
      170 2 DELEGATES to a conference here next month will be in for a watery time. Plans have been made for them to visit the Sungei Seletar/Bedok water scheme, the Bedok waste water treatment works, the Ponggol resource recovery and pollution control plant and the aquaculture farm. Water
      170 words
    • Article
      Video show on women in China
      80 2 THE Association of Women for Action and Research (Aware) will hold a video show on Chinese women today at the Bukit Merah branch library lecture hall. The one-hour film, about the lives of women in China today and the historical background to the changing
      80 words
    • Article
      Asean forum on energy
      118 2 ENERGY ECONOMICS and national energy policy formulation will be two of the topics that will be discussed today at the 4th Asean Energy Conference. The conference, organised by the Asean Working Group on Non-conventional Energy Research and funded by the Australian government through its Asean-Australia Economic
      118 words
    • Article
      Seminar to discuss manufacturing survey findings
      214 2 LABOUR SHORTAGE and the apparent problem of high costs of workers in Singapore's manufacturing sector will be some of the issues to be discussed at a seminar next month. The seminar, co-sponsored by consultancy firm Arthur Andersen and Business Times, will be based on
      214 words
    • Article
      Importance of skills and technology
      188 2 THE EFFECTIVENESS of any productivity programme depends on the two components of human skills and technology, said the head of civil service, Dr Andrew Chew, yesterday. Or Chew was addressing a seminar on "Improving public service productivity through the use of management tools and techniques".
      188 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      265 2 WILLIAM NG is now managing director of Furama Hotel Singapore. Mr Ng is also the director of the Samta group of companies which owns Furama Hotel. He holds an honours degree in engineering. DONALD BROWN has been appointed Asia publishing director, based in Hongkong, of Time Magazine.
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      Page 2 Advertisements Column 1
      108 2 2 V Thai's Royal Executive Class While you're on your way to a business trip, we're there to prepare you. And we will go to extremes to serve our business travellers better. Not a high-faluting claim, mind you. We were awarded the "Best Business Class of 1986" by Executive Travel
      108 words
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      Page 2 Advertisements Column 2
      10 2 WORLDWIDE EXPRESS® Prompt pick-up and delivery 24 hours a day
      10 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Market tumble could be good for world economy
      347 3 UPI THE GLOBAL stock market sinakeout may in the end have been good for the world economy. Australia's biggest trading said yesterday. "Over a medium-term per--.«jective, the current stock mar--tet crisis may well be viewed positively if it triggers policy ac- ton
      UPI  -  347 words
    • Article
      Lock icon India pegs rupee to falling dollar to boost exports
      427 3 Reuter INDIA HAS PEGGED the rupee to fre falling US dollar in the last weeks to lower it against ofter major currencies in a bid 'Jc boost exports, foreign exchange dealers and exporters in .Bombay said on Tuesday. They said the
      Reuter  -  427 words
    • Article
      Lock icon 'No' to graft, 'yes' to rewards
      212 3 Reuter THE NEW customs chief of the ,'Pfilippines says he frowns on bbtant graft but has told his officers they can ac.t "tokens of appreciation" becajse they are a part of Filipino cUture. "I am looking at this in a very -practical way," retired
      Reuter  -  212 words
    • Article, Illustration
      Lock icon Possible pull-out by Indian troops causes concern
      309 3 AFP THE POSSIBLE WITHDRAWAL of Indian troops from Sri Lanka, rather than their presence in the country, seems to worry both the government and the island s Tamil minority, according to diplomats and political analysts in Colombo. A sudden pull-out of the Indian
      AFP  -  309 words
    • Article
      Lock icon Poor vision could indicate high IQs
      265 3 AP I WHILE THE nearsighted may need glasses, their lack of perfect vision could be a sign of high intelligence. say researchers who studied myopic Israeli teenagers. Doctors tested 157.748 Israeli military recruits, aged 17 to 19. and discovered a link between nearsightedness and
      AP  -  265 words
    • Article
      Lock icon Reagan likely to lift dumping sanctions
      405 3 AP US PRESIDENT Ronald Reagan probably will lift an additional US$B4 million in sanctions against Japanese products based on a government report that Japan has stopped flooding world markets with low-cost computer chips. "It is likely that we will lift the remaining dumping sanctions
      AP  -  405 words
    • Article
      Lock icon Taiwan not a trade threat, says mission leader
      313 3 Reuter THE HEAD of a Taiwanese trade delegation said on Tuesday that his country should not be considered a US trade threat but rather a co-producer that makes the United States competitive against Japan. Jaw Shau-Long said 75 per cent of Taiwan's
      Reuter  -  313 words
  • Page 3 Advertisements
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      301 3 Ernst Whinney Consultants Pte Ltd Presents FINANCE FOR NON-FINANCIAL MANAGERS December 3-4, 1987 Hilton Hotel WHY YOU SHOULD ATTEND as com pl ex as it is sometimes made out to be. A basic understanding of finance will assist you in making those decisions appropriate for your company. You can be
      301 words
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      Page 3 Advertisements Column 2
      35 3 Precision. Skill. Timing. Rolex. The Rolex Day-Date and Lady-Datejust in 18 ct gold, both with President bracelet. SHUI HWA JEWELLERY CO. (PTE) LTD. 14 Scotts Roads #02-112/113 Far East Plaza, Singapore 0922. Tel: *****40, *****98.
      35 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      68 3 Doonesbury OKAY, LETS GO OVER THIS ONE LAST VMS, PUKB... THE IOAi IH6ARP IT, AS A SIGN OF YOUR. RESPECT, YOU JUST OFFEREP ME CONTROLLING INTEREST OF PR. MJOPEB ENTERPRISES. IGRACJOUSLY ACCEPTBP. BY GARRY TRUDEAU TO SUM UP, lOWN YOU. NOW, WHAT ARB ME GONNA PO MTTH THIS CHINESE BROAD*^
      68 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Lawson predicts 4pc growth for UK this year
      452 4 Bullish note sounded on British economy IHT THE CHANCELLOR of the Exchequer, Nigel Lawson, predicted that Britain's economy would grow by a healthy 4 per cent this year and by 2.5 per cent in 1988, despite uncertainties stemming from recent turbulence in
      IHT  -  452 words
    • Article
      Lock icon Integration of UK industry with Europe urged
      197 4 Reuter BRITISH INDUSTRY must speed up efforts to integrate itself in the European market. Confederation of British Industry president Sir David Nickson said in Glasgow. "British industry must identify itself more closely more aggressively as an integral part of the internal European market.
      Reuter  -  197 words
    • Article
      Lock icon Experts plan to improve health in developing countries
      230 4 AP A COMMISSION of health experts from 12 countries will spend two years developing research programmes to combat disease and health problems in developing nations, the Harvard School of Public Health announced on Tuesday. The commission will visit Africa, Asia and Latin
      AP  -  230 words
    • Article
      Lock icon More bad news of atmospheric changes likely
      114 4 NYT THE ANTARCTIC ozone hole, which shocked scientists when it was discovered three years ago, is likely the first of a series of potentially devastating global surprises, according to a committee of the National Academy of Sciences. The panel, convened last year at
      NYT  -  114 words
    • Article
      Lock icon West may never offset technology leaks, says official
      373 4 AP THE SOVIET UNION attained its current superpower status with the help of western technology leaks that the West may never be able to make up for, a US Defence Department official told Congress on Tuesday. "A majority of Soviet defence programmes
      AP  -  373 words
    • Article
      Lock icon UN pays heavily to improve image
      220 4 Reuter A NEW YORK media adviser who received US$5,OOO for a day's work was among a group of well-paid consultants hired by the United Nations to improve its tarnished image, a UN spokesman said on Tuesday. The payments, detailed in an internal document leaked
      Reuter  -  220 words
    • Article
      Lock icon US companies yet to cut back on spending
      353 4 Reuter US COMPANIES have not yet cut back on big-ticket capital spending, a driving force in the economy, since the rout in stock prices but economic analysts say most companies are taking a wait-and-see posture. "The impact, if there is one. is
      Reuter  -  353 words
    • Article
      Lock icon US looks set to condone further fall in dollar
      257 4 Reuter SLOW PROGRESS in US budget talks and Wast Germany's reluctance to boost its economy point to a further fall in the dollar that would apparently meet with Washington's blessing Financial snalysts said on Tuesday that the Reagan administration faced with
      Reuter  -  257 words
    • Article
      Lock icon Stock market gives warning about US deficit: Reagan
      230 4 AP PRESIDENT Ronald Reagan said that with the steep drop in stock prices, the market has given "one warning we can't afford to ignore" about the US government budget deficit. In a speech on Tuesday in the Rose Garden, Washington, Mr Reagan
      AP  -  230 words
    • Article
      Lock icon Poet's request for suicide subsidy rejected
      178 4 AFP LISBON POET Joaquim Castro Calda asked an arts foundation in Lisbon (or a million escudos (about US$7,OOO) to subsidise his suicide. Or as he put it, more poetically, to permit him a "noble, clean and effective way out of his painful personal lyrical
      AFP  -  178 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      819 4 ARRIVALS Operator Service local From number time OA OA472 0015 syd/mr THAI TG481 0025 IKK SiA SQ11 0115 IAX/NRT MAA tc C555 0655 MAS MH681 0820 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL SU SQ103 0950 KUL AC AC858 0950 YYZ/LWf/tOM CPA CX710 1015 CGK
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      101 4 No more beefing about the price of U.S. Prime Sirloin Steak... at $22.50, can anyone? Our dinner special at the Hubertus Grill for the entire month of November, the U.S. Prime Sirloin Steak promotion represents great value indeed. The best of U.S. ranch beef grilled and served with all its
      101 words
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      Page 4 Advertisements Column 2
      4 4 S«e Focus, Page 8
      4 words
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      Page 4 Advertisements Column 3
      182 4 fI if \I J m Ifl If The business person's choice, every I I llvl II 111 I Tuesd °y- Thursday, Saturday and I 1 l|\ 1 Ml II f Sunday. Leaving Changi Airport at -1. 1 22:05 hours and arriving at Lester B. Pearson International Airport the following day.
      182 words
  • Page 4 Miscellaneous
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  • COMMODITIES
    • Article
      Rubber
      230 5 SINGAPORE The market closed lower yesterday with Dec 1 RSS buyers quoted at 210.00 cents/kilo, down 3.50 cents from Tuesday's close. A sharply lower Tokyo rubber market brought some selling into the local market and caused prices to fall by about 2.50 cents in moderate morning trading, dealers said.
      230 words
    • Article
      RAS
      144 5 RAS prices tn S c*nte/kg, FOB In bate* NOON CLOSE Buyers S*ll*rs Buyers S*ll*rs Int 1 RSS Prompt 212.50 213.50N 211.00 212.00N Int 1 RSS Dec 87 212.00 212.50 210.00 211.00 Int 1 RSS Jan 88 213.00 213-50 210.50 211 -50 Int 2 RSS OP 210.00 212.00N 208.50 210-5
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    • Article
      SSR
      33 5 (cann/kg, 1 -to n poil*M) DECEMBER 87 JANUARY 88 (currant month) (forward month) RAS NOON NOON lwy«n StDtn B«ry«ri SatWn SS* 30 211.50 213.50 211.50 213.50 SS« 50 210.00 212.00 210.00 212.00
      33 words
    • Article
      Palm Oil
      73 5 A KL TIN CkttJng prices on Nov 4 (M$Ag) jk Price Closed £m, Turnover (tonnes) ROTTERDAM dosing prices on Nov 3 Pofrn oil crude Sumatra/M'tia option (USS/tomo) Nov/Dec 345«Jr J on/Mar 350sir Poim oil RBD FOB (M$/tonrw) Nov/D* 325iir (325slr) Jon/Mar 330*lr (330sJr) CMein RBD FOB (Mj/roooe) Now/Doc
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    • Article
      Lock icon Energy plan approved
      58 5 Bernama AN ASIA-PACIFIC inter-gov-ernmental meeting has approved a regional medium-term energy plan which emphasises the need for stringent measures to conserve oil. The plan for 1990-95 said Asia-Pacific governments must adopt conservation measures to help prolong use of the finite oil resources and develop alternative sources to
      Bernama  -  58 words
    • Article
      Produce Prices
      207 5 Chinese Produce Exchange Sellers' noon dosing pricos on Nov 4 (SS/100 kg) Coconut oil Bulk FOB 95.00 Otd drum FOB 105.00 Now drum FOB 109.00 Copra Mixed (tool*) 56 sellers Pepper Muntok white FOB NLW 1317.50 Sarawak white FOB faq NLW 1302.50 Sarawak spodal block FOB NIW 957JO
      207 words
    • Article
      Lock icon Soybean
      138 5 Reuter CBT soybean futures closed on or near the lows on Tuesday, down 5-3/4 to 3-1/4 cents per bushel, with January settling at $5.323/4 after posting a five-cent range. A lower than expected weekly US soybean export inspection figure on Monday and expectations that the Usda will attempt to
      Reuter  -  138 words
    • Article
      Lock icon Wheat
      175 5 Reuter CBT wheat futures closed on or near the lows on Tuesday, down six to 4-1/2 cents per bushel in moderate trade. December settled at $2.82-1/4 after posting a $7-1/4 cent range on the day. Geldermann was the featured outright seller in December in the morning, with exporters buyers
      Reuter  -  175 words
    • Article
      Oil and Products
      83 5 MOST PRODUCTS in the Far East market were stable to slightly weaker in thin trade. Only c and f Japan naphtha buyers took advantage of lower prices for December 1-15 barrels. USS/borr^ Chang* Dubai IDk) 16 98 -0.14 Wm r.moi WTI (OK) 19J2 -0.10 Products (FOB S'pore)
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    • Article
      London Markets
      307 5 London Commodity Exchange Buyer/Setter doting prices on Nov 3 (£/tonne unless specified). Previous closing prices in porenthesis. Coffee Basis in-store London, sellers option OF London Nov 1249/1250 (1248/1249) High/Low 1255/1244 Jan 1284/1285 (1283/1285) High/Low 1290/1275 Sales (5154) Cocoa Dec 1113/1114 (1119/1120) High/Low 1127/1107 Mar 1146/1147 (1152/1153) High/Low 1159/1140
      307 words
    • Article
      Precious Metals
      389 5 HONGKONG: Gold closed slightly higher yesterday on late shortcovering by professionals, while trading was quiet for most of the day. dealers said. Sentiment was clouded initially by reports that central banks of major industrial nations were selling gold in London and New York. But dealers also noted talk
      389 words
    • Article
      Lock icon Research to clear palm oil doubts
      469 5 Oana Bernama THE PALM OIL Research Institute of Malaysia (Porim) is set to coordinate research efforts on palm oil in the United States and Europe, which could clear the lingering doubts about the nutritional value of palm oil as a dietary fat and at
      Oana Bernama  -  469 words
    • Article
      Lock icon Australian wool prices steady to firmer
      149 5 Reuter PRICES at wool sales in Geelong and Newcastle were steady to firmer, reflected by a two-point rise in the market indicator to 931, the Australian Wool Corp said. Prices for merino fleece of 19 microns and finer were up to 2 per cent
      Reuter  -  149 words
    • Article
      Lock icon Jakarta surplus for non-ICO countries
      321 5 Reuter INDONESIA intends to export its surplus coffee to countries outside the International Coffee Organisation (ICO) at lower prices than the ICO approves. Agriculture Minister Achmad Affandi said on Tuesday that Indonesia had fought new coffee export quotas set by the ICO last month which
      Reuter  -  321 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      171 5 SUCCESSFUL EXECUTIVES Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism. Put
      171 words
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      Page 5 Advertisements Column 2
      78 5 The German Experience with the Baronis Distinction j Af W' urn V V f a* *1 Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Barons own smokehouse and roast spit. Or on international ala carte cuisine. /a.iRS Y5 At the Barons Table. Simply the best
      78 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1620 6 SINGAPORE: The US dollar staged a mild recovery in thin afternoon trading yesterday on customer buying and short trading, but still ended the day slightly lower against New York levels, dealers said. The dollar hit a low of 136.85 yen in the morning because of active selling by
      1,620 words
    • Article
      Government securities market
      86 6 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****W 4.2.88 3.50 3.45 3.75 3.45 6 months BS*****S 21.4.88 3.55 3.50 3.59 3.51 1 y*ar BY*****S 22.09.88 3.65 3.60 3.68 3.61 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      86 words
    • Article, Illustration
      World interest rates
      180 6 Indicate* thf mriQ> o4 ui® pfim# lending mvv w 12 mafor banks In B'pora Interbank market rates (offer/bid) on Nov 4 us$ DM SWFC Y«o 7 days 7/i 3/4 9 if 3/» 3 13/14—11/14 2—13/4 4 1/14 3 13/14 1 mUi 7-47/1 9 5/14 3/14 3 3/4
      180 words
    • Article
      Comex gold/silver futures
      130 6 Gold futures on Nov 3 100 troy ouncn. USS par troy our ct Opt* HI* Lw MM Nav ***** ***** 463.00 161 «Q -1-70 Dk 471 SO 476.00 463.50 ***** .1.90 ion 473.20 -1.90 Hb M 471.30 442.00 469JO 476J0 100 483*0 444.30 475.30 4*2.60 ■2.10 ton
      130 words
    • Article
      Money markets
      68 6 THE OVERNIGHT RATE on the Singapore interbank market fell by one point to end at 1% per cent yesterday. The one-month and two-month term rates were unchanged while the three-month rate fell by 1/16 point. S$ Interbank rates at 7pm yesterday: orm mo 0—r"■flN 11/3 1 1-Menitt 3
      68 words
    • Article
      Options
      1001 6 CURRENCY FUTURES OPTIONS IMM TwMdoy No»amb< T 3. 1987 •Ml Ml TSM POUNO C2S.OOO; c "afli 4rT »nto par t l* r Tit MM 1700 NPV-C 3.95 Oac-c 4.95 Jaa-c 5.60 M»-P Dae-p 0.10 1X10 M+p 2.03 1725 1*0 3.25 4.10 0.40 1.45 1750 0J5 2.00 2.95 1*0 3.10
      1,001 words
    • Article
      Asian dollar market
      248 6 ASIAN DOLLAR deposit rates closed steady yesterday at easier opening levels in quiet afternoon trading, dealers said. They said most operators were sidelined in the afternoon as they await the outcome of the US Treasury auction of US$9 25 billion of 10-year notes The Treasury will also
      248 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      403 6 An Offshore Money Market Cheque Account from Bank of Scotland SA. Mur Jersey Sggg w 4S r 's. ACCOUNT VA VfcQ so BO*» ;O.\OOOO0t«* VO >•••.«« A ***** DO YOU WANT? High Rates of Interest No notice of withdrawal A cheque book to give you easy access An Offshore Account
      403 words
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      Page 6 Advertisements Column 2
      131 6 FOR SALE„< Flatted Factory J, Building J i J Tanglin Halt Road 1 9-storey flatted factory building with offices on the Bth and part of the 9th storey Other facilities include loading platform, carpark and canteen Total Floor Area 137,627 sq ft Land Area 40.022 sq ft Tenure 99-year leasehold
      131 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Brazil, creditors near debt agreement
      226 7 NYT BRAZIL and its creditors on Tuesday appeared close to agreeing on a plan for the country to resume interest payments on its US$lOO billion foreign debt nearly nine months after the government suspended them. jUnder the plan, banking officials said, the banks would in
      NYT  -  226 words
    • Article
      Simex/IMM
      604 7 DECEMBER Eurodollar opened firmer yesterday at 92.44 compared with the previous close of 92.27 amidst signs of progress in the fight against the US budget deficit and easier interest rate policy in some of the industrialised countries. Trend however remained uncertain and prices soon backed off to 92.38 as
      604 words
    • Article
      A workshop on futures trading
      122 7 MORE THAN 100 financial executives, bankers and businessmen are expected to attend a Nov 14 futures trading workshop sponsored by the Singapore Institute of Management. The half-day seminar, organised by SIM in cooperation with Golden Hope Securities, a member of Simex. will be held at
      122 words
    • Article
      Another drubbing for the US dollar
      432 7 New lows against yen and mark THE US DOLLAR took another beating yesterday, sliding down to new record lows against the Japanese yen and West German mark in Tokyo. The lack of progress in negotiations between the White House and Congress on how to
      432 words
    • Article
      Lock icon Markets need a show of political will
      598 7  -  By LEONARD SILK NYT THE AMERICAN stock market had a worrisome day on Tuesday. and analysts rounded up the usual suspects: some feared that the dollar might plummet if the central banks were unwilling to support it. Others worried that, in Washington, cutting
      NYT  -  598 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      213 7 Results just ahead. The first stop on the road to results is a phone call to IBM. We'll ask you some questions about your business and about the kind of results you're looking for. Then we'll put you in touch with the IBM Authorised Dealer or System Remarketer we think
      213 words
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  • FOCUS
    • Article, Illustration
      Lock icon Dives put spotlight on futures and options
      1584 8  -  As the financial markets continue to clear away the debris from the October crash, policymakers are beginning to question just how much risk the global money game can bear. The advent of futures and index options has not only provided new techniques for
      NYT  -  1,584 words
    • Article
      Lock icon Proxmire issues draft bill on powers for banks
      225 8 Reuter AMERICAN Senator William Proxmire, the chairman of the Senate Banking Committee, released a draft of a bill that would repeal parts of the law that prevent banks from underwriting securities. In releasing his draft bill, Mr Proxmire said the losses of
      Reuter  -  225 words
    • Article, Illustration
      Lock icon Banks learning a hard lesson
      1438 8 NYT THE STOCK MARKET collapse is raising fundamental questions about the pace of banking industry deregulation in the US. especially the move into investment banking. The issue is highlighted by two developments stemming from the plunge: an estimated US$9O million loss absorbed by the Continental
      NYT  -  1,438 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      225 8 A TOTAL SYSTEM FOR THE PERFECT ORGANISER. w MEMBERS V Members Only brings to you this total system that will keep you perfectly organised. With all its useful contents put together in one compact-sized binder, this total system comes to you beautifully finished in leatherette with lizard embossing. Most of
      225 words
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      Page 8 Advertisements Column 2
      63 8 5? Hi i RESTAURANT t UiaTu una Catch them in their rendition of the brand of smooth... and so danceable. Add sumptuous the ingredients for a perfect evening. music that made the Cathay famous. Satin cuisine and superb wines, and you have all m a i /yri' l l 'l
      63 words
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      360 9 Thicker reinforcement in front side members Cross member at base of instrument panel joined directly Reinforcement in to sills outer side sills Extra-long front side member extensions Box-section outer wheel housings Inner wheel housings joined directly to rear side members F\iel filter base joined directly to outer wheel housing ADDITIONAL
      360 words
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  • PERSPECTIVE
    • Article
      Handling air cargo growth
      499 10 IF YOU CAN'T beat them, join them. That's a down-to-earth strategy to adopt in the competitive airline world where carriers especially national carriers can be very protectionistic. While shipping lines enjoy the freedom of the seas, airlines often find that countries are not that free with
      499 words
    • Article, Illustration
      Lock icon 1997 again looms large in Hongkong
      1526 10  -  The October market crash has highlighted the problems and uncertainty lurking beneath various economies. In Hongkong, NICHOLAS D KRISTOF reports, the question again foremost on everybody's mind is: Will China let Hongkong be Hongkong? Over in Australia, the dollar has weakened considerably. A leading
      NYT  -  1,526 words
    • Article, Illustration
      Down Under may be heading for just that
      958 10 THE DUST has yet to settle. But slowly the consequence of the stock market crash is starting to filter through the Australian economy. A leading economist believes that instead of aiming for 2.5 per cent growth, it would be realistic to expect
      958 words
    • Article, Illustration
      Lock icon New leaders face old problems in raising living standards
      832 11 AP CHINESE LEADER Zhao Ziyang, flushed with a stunning triumph at the Communist Party congress, now must begin carrying out his mandate to bring better living standards to China's one billion people. With the party's top echelon squarely behind him, Mr
      AP  -  832 words
    • Article, Illustration
      Lock icon Swedish industry moves to counter environment lobby
      753 11 Reuter A SENIOR Swedish industrialist recently said it was worth sacrificing a couple of trees to build an access road to a factory. The remark caused a national storm. In Sweden, where fighting pollution is the top national priority, it is almost heretical
      Reuter  -  753 words
    • Article
      Lock icon Pilgrimage symbolises Indian reverence for Mahabharata
      660 11 NYT IT WAS another case of a contradiction between traditional and modern India that was not really a contradiction. While astronomers used advanced instruments to study a solar eclipse recently, a million ordinary Hindus found a different sort of meaning, travelling to the northern
      NYT  -  660 words
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      279 10 Fin someone overseas about Singapore. Send a subscription for I enclose a cheque'money order months at S/USS. Pieiw delete The Straits Times 1 Weekly Overseas QRCTDKIIAUn Edition. It's the weekly newspaper, printed on light Oft I want a subscription of The Straits Times Weekly weight paper in convenient I tabloid
      279 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      660 10 CRYPTIC PUZZLE ACROSS 1 Braise the Yugoslav way (6) 7 Me confused Don with Ralph (S) 8 More than a foot of hair? (4) 10 In the regular manner (0) 11 Depended on Reed getting out tor 51 (6) 14 Only a bit of a travesty of a home' (3)
      660 words
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      80 11 9% W Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16+ per set, they are easy to
      80 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1190 11 sm V 4 I Paul Le Mat (right) and Catharlna Hicks in Death Valley, tonight on Channal 5 at 10.30pm THURSDAY FEATURE SPECIAL Death Vallay 10.30pm, Channal 5 While on a family holiday through Arizona's famous Death Valley, a young boy wanders off and unwittingly stumbles upon too much evidence
      1,190 words
    • Miscellaneous
      Page 11 Miscellaneous Column 2
      29 11 BnStew: Ran]cDu±er« vve mrd this s»llY tumc Punning THROUGH nny O>RfMN PtU DPN eoots UERE < S PftDC FOR u>pa-KiNG ujhpt tunc is tmpit 9 ©Even.o9 Standard Co Ud .I9MH«7
      29 words
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  • SPORTS & LEISURE
    • Article
      Lock icon Indian brokers turn to figuring cricket odds
      415 12 AP THE TRADING RING at the Bombay Stock Exchange is as crowded as usual, but instead of watching share fluctuations, the brokers gather at two large television sets Their interest has shifted from India's listless stocks to the World Cup Cricket Tournament. Money
      AP  -  415 words
    • Article, Illustration
      Lock icon Preening the greens for cricket's big day
      312 12 Reuter AUSTRALIAN GROUNDSMAN Les Burdett arrived in Calcutta on Tuesday to help prepare the pitch for the World Cup final on Sunday. Burdett, curator of the Adelaide cricket ground in South Australia, said he thought the Eden Gardens pitch, with a reputation for
      Reuter  -  312 words
    • Article, Illustration
      Lock icon Martina may have to be content with second best spot Martina may have to be content with second best spot
      419 13 AP MARTINA NAVRATILOVA. the world's No 1 female tennis player of the 1980s, is going to have to settle for No 2 this year. Even if she wins the final
      AP  -  419 words
    • Article, Illustration
      Lock icon Jaite departs, but Cash sails through
      557 13 AP MARTIN JAITE of Argentina, the fifth seed, was knocked out in the first round of the US$B4O,OOO Paris Open tennis tournament on Tuesday. He was beaten in three sets 6-7, 6-3. 6-1 by 20-year-old Soviet. Alexander Volkov. who distinguished himself earlier in the
      AP  -  557 words
    • Article
      SCC sounds death knell for Open
      629 13  -  3rankltf speaking.... by WALTON MORAIS HOW CRUEL the times can be. Just over a month after I had waxed lyrical in this column about the Singapore Cricket Club's valiant effort to save the Singapore Open grasscourt tennis championships, comes the death knell. SCC general
      629 words
    • Article, Illustration
      Lock icon World's leading players tee off in Japan today
      207 13 Reuter MOST OF THE world s best golfers, including the top earner of 1987 so far, Curtis Strange, will compete for supremacy and cash in Japan's U*****,000 World Championship golf tournament which starts today. They will battle it out initially in a
      Reuter  -  207 words
    • Article
      Lock icon Boxer's widow to get damages in 'wrongful death' suit
      380 13 UPI TWO RINGSIDE DOCTORS and a referee have agreed to settle a suit and pay damages reaching six figures to the widow of a boxer whose death after a fight led to major reforms in the sport, the widow's lawyer said.
      UPI  -  380 words
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      952 12 r m, sS M FREE Guinness Draft, Beer and Whisky... Only at the Streets of London. 30u9 MiiWr-l HIK Owty ptactW at* jmhttrn* I es! They're free when you order a similar drink during our Jolty Hours from 10pm to lam. Mondays to Fridays. Phis 25% off other drinks bythe
      952 words
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      Page 12 Advertisements Column 2
      139 12 at The Belvedere The Belvedere's Scandinavian buffet luncheon. An incredible selection of more than 60 authentic favourites from Denmark, Sweden and Norway. November 5 to 30. 12.00 to 2.30 pm daily. Adult: $31++/Child:sls+ Thc mam%pncnt rcscruci the right to change the programme. UkfUmr Come taste the world's great cuisines. II
      139 words
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      Page 13 Advertisements Column 1
      275 13 V -S m m /r. \> I »-V T T r ■-V I IC The charms of Austria return. With the Hannes Trio. Our Austrian Food Festival from November 6th to 2i st otters an extensive selection of authentic Austrian favourites, while the talented and renowned Hannes Trio will entertain
      275 words
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      Page 13 Advertisements Column 2
      199 13 Serving traditional Japanese delicacies and favourites. Including tempura, teppanyaki, sushi and sashimi In an inviting and contemporary setting. 3rd Floor, Westin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. The Westin Plaza Raffles City 2 Stamford Road. Singapore (Mi 17. Westin Hotels Resorts THE rEOPLE AND PLACES
      199 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Market loses ground after three-day rebound
      4358 14 SHARE PRICES tumbled once again on the Stock Exchange of Singapore yesterday after a threeday rebound in line with declines seen in Hongkong, Tokyo and the overnight Londan and New York markets. The Straits Times Industrial Index was slashed 21.92 points within the first
      4,358 words
    • Article
      Chief price changes
      185 14 SINGAPORE Rises Indices UM Montortora 306 156 8T Cowpatin 765.34 ***** Hum* M 135 15 •T Ot/OS -138 .145 S* Mate bid 103 15 •TOO* -6598 -6694 Troctors 1 c s 330 10 •T 10-de; M A -6645 -6660 710 5 ITOtV *****22 *****78 WalaMI Tot Im
      185 words
    • Article
      Business done on the SES
      4683 14 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number at shares traded shown in brackets in lots at 1,000 units unless otherwise specified. SECTION ONE MOUSTRIAL COMMERCIAL *cmo II 16 B I 20
      4,683 words
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  • COMPANY NEWS
    • Article
      FCC holders advised to accept UIC deal
      675 15  -  By AMY BALAN PROPERTY COMPANY First Capital Corporation looks poised to become the first listed subsidiary of the highly diversified United Industrial Corporation group. Merchant bank Baring Brothers has advised FCC minority shareholders to accept UlC's one-for-two share swap deal. UIC, which already
      675 words
    • Article
      Lock icon HK panel to study operation of stock, futures exchanges
      479 15 Agencies THE HONGKONG GOVERNMENT is to set up a committee to examine the operation of the stock and futures exchanges in the wake of the stock market crisis. "I shall be asking the committee to produce an early report giving advice
      Agencies  -  479 words
    • Article
      Lock icon HKSE suspends two members
      72 15 Reuter THE STOCK EXCHANGE of Hongkong Ltd has suspended two members and is investigating their accounts, the exchange's senior chief executive Robert Fell said yesterday. He also said that brokers had reported 34 dishonoured cheques, worth some HK$5 million, from exchange members since Oct 26. All
      Reuter  -  72 words
    • Article
      Unit trusts
      293 15 Managers' prices for Nov 5 Singapore Unit Trust TKe Commerce 091 IX The Savings Fund 079 087 Spore f'og Fund 036 041 S pore Sec Fund 061 067 S pore Invest Fund 066 0 71 S pore Equity Fund 045 050 Asia Unit Trust Mai Invest Fund 1
      293 words
    • Article
      Singapore Land posts $17.2 m profit for 1987
      459 15  -  By ELAINE KOH SINGAPORE LAND Ltd has outperformed its own modest forecast by posting an after-tax profit of $17.2 million for the year ended Aug 31, 1987, instead of the predicted $13.46 million. This was achieved despite a smaller turnover and income
      459 words
    • Article
      Lock icon Hongkong likely to admit foreign brokers into exchange committee
      273 15 Reuter HONGKONG'S stock exchange is likely to change its constitution to allow foreign brokers to be represented on its governing committee, newly-appointed senior chief executive Robert Fell said yesterday. He said corporate members cannot be elected to the committee, which has
      Reuter  -  273 words
    • Article, Illustration
      Amcol's acquisition hangs in the balance
      581 15  -  By LISA LEE IT'S ALMOST a case of deja vu as the sale of Orchard Towers to Amcol Electrical Industries Ltd again hangs in the balance with the recent stockmarket crash. While Orchard Towers's developer Chng Heng Tiu is faced with a paper loss
      581 words
    • Article
      Lock icon Adviser speaks well of offer from Perlis
      786 15 MBT THE PROFORMA pre-tax profit after minority interest of Perlis Plantations would have been Mslo2 million based on profits achieved in 1986 by Perlis, Federal Flour Mills (FFM) and Rasa Sayang Beach Hotels (Penang) (RSBH). The proforma profit, expected to give an earnings
      MBT  -  786 words
    • Article
      Lock icon NZSE calls in police over share deals
      163 15 Reuter THE NEW ZEALAND Stock Exchange (NZSE) has asked the police to investigate a number of recent share transactions by a Wellington-based group of people The NZSE said in a statement yesterday it was concerned that the people involved in at least some
      Reuter  -  163 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      74 15 Mcllwraith McEacharn Operations Limited 5538,000,000 Unsecured Notes known as 'Guaranteed Floating Rate Notes Due 1992' In accordance with the provisions of the Notes, notice is hereby given that for the three month period from sth November, 1987 to sth February, 1988, the Notes will carry a rate of interest of
      74 words
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      Page 15 Advertisements Column 2
      222 15 This announcement appears for the purpose of record only CIT/ RAFFLES CITY (PRIVATE) LIMITED S$ 500,000,000 NOTE ISSUANCE FACILITY Arranged By DBS Bank DBS Bank Lead-Managed By Oversea-Chinese Banking Corporation Limited Guaranteed By DBS Bank Bank of China Oversea-Chinese Banking Corporation Limited The Long-Term Credit Bank of Japan, Ltd Standby
      222 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Japanese investors seen unshaken by market crash
      403 16 Blue chips will remain popular, says Nomura chief Reuter JAPANESE investors have not been scared away from US or other foreign investment markets by recent global market volatility and are expected to continue to favour blue chip stocks and hard asset investments in
      Reuter  -  403 words
    • Article
      Lock icon 'Unlikely that HK futures market will need a second lifeboat fund'
      365 16 AFP HONGKONG Futures Guarantee Corp chairman Gordon MacWhinnie has hinted that a second HK$2 billion (US$256 million) facility to help rescue the local futures market was probably not needed. "It is not anticipated that the second facility will be
      AFP  -  365 words
    • Article
      Lock icon Crash unlikely to hit HK banks' rating
      266 16 AFP THE RECENT sharemarket crash is not expected to affect the creditworthiness of Hongkong banks although an impact on profits this year is likely, according to a Hongkong-based creditrating agency. "The current jitters on the market and possible defaults of a few players
      AFP  -  266 words
    • Article
      Lock icon Elders IXL's profits well ahead of budget
      271 16 Reuter ELDERS IXL Ltd's profit in the opening months of its 1967/88 year ending June 30 was well ahead of budget, chairman John Elliott said, without giving any figures. Elliott was addressing an extraordinary meeting originally called to approve the reconstruction of Elders.
      Reuter  -  271 words
    • Article
      Lock icon Three HK tycoons in bid to boost futures market
      179 16 Reuter THREE local tycoons bought more than 9,000 long positions in Hang Seng Index futures contracts on Monday in a bid to support the futures market. Chan Chi Kong, director of Sun Hung Kai Investment Services Ltd. said. Mr Chan said
      Reuter  -  179 words
    • Article
      Lock icon HK's Impala Pacific cancels rights issue
      94 16 Reuter IMPALA Pacific Corp Ltd, an affiliate of Ariadne Australia Ltd. said it has cancelled its one-for-two rights issue at HK$l5.OO per share, according to a statement issued by the Hongkong Stock Exchange This followed Impala's agreement last week to sell its 41.5 per
      Reuter  -  94 words
    • Article
      Lock icon Evergo subsidiary completes purchase of Stone Pole
      92 16 Reuter CHINA Entertainment and Land Investment Co Ltd said it has completed the acquisition of Stone Pole Ltd for HKSB6 million, despite speculation that it may terminate the deal because of the recent share market slump. China Entertainment, a subsidiary of Evergo Indus-
      Reuter  -  92 words
    • Article
      Prices fall sharply
      1473 16 Hongkong SHARE PRICES closed sharply lower in sluggish trading on the Hongkong market yesterday as selling pressure continued after Tuesday's losses, dealers said. They said late buying halted the slide which threatened to push the Hang Seng Index below the psychologically important 2,000 level. The index ended
      1,473 words
    • Article
      Seoul
      131 16 NOV M WON Kai ***** -470 Kangwon Ind ***** -190 Cheii Sugar ***** unch Kia Motor ***** -600 Daelim Ind ***** -600 Koton ind ***** -800 Daewoo Corp ***** -290 Korea Long Term -800 Daewoo Heavy ***** -250 Lucky Ltd 146(36 -400 Oauhin Securities ***** -1000 Oriental Brewery *****
      131 words
    • Article
      Lock icon Tokyo
      506 16 Reuter SHARE PRICES closed sharply lower yesterday in moderately active trade on pessimism fuelled by a weaker dollar and further falls by Wall Street stocks on Tuesday, brokers said. The 225-share market index lost 298.07 points to 23.060.53 after a low of 23,040.19. On Monday the average rose 29.69
      Reuter  -  506 words
    • Article
      Lock icon Sydney
      440 16 Reuter FALLS in New York and London overnight saw the Australian share market plummet yesterday to wipe out almost all of the past three day's gains by the close. Brokers said solid selling pressure emerged from the starting bell following further heavy slumps offshore. A fall in gold bullion
      Reuter  -  440 words
    • Article
      Lock icon Bangkok
      168 16 Reuter THE SECURITIES Exchange of Thailand Index rose 11.91 points to 326.31 on turnover of 6,395.673 shares worth 778.19 million baht. Reuter NOV M BAHT Ao Kham Thai 176 Ayudhya Investment 434 -44 Bangkok Agro-lnd 105 50 *5 Bangkok Bank 341 8 Bank Ot Ayudtiya 328 Charoong Thai Wire
      Reuter  -  168 words
    • Article
      Taipei
      278 16 NOV 04 All Sincere Indus NT S 3 20 I--0 05 2.5 -0 5 Kolin Kuochan Oav Lee Chang Yuen Chem Indus 34 80 47 60 35 30 49 60 -1 -06 06 86 75 SO Nan Ya Plas 67 00 1 5 Chang Hwa Bank Cheng Loong Chia
      278 words
    • Article
      Manila
      98 16 MOV 04 pesos *1Marstee! Oriental B 0 0650 -0 0025 Acoie Mining Phil Overseas 0 0675 •0 0025 Anglo PtMl 0 021 -0 001 Phtlex B 046 -0 02 Ape» Mining B 0 0675 -0 005 Ptcop 6 Atlas Con B 23 -3 PLOT 148 •10 Baguio Gold San
      98 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      483 16 NOTICE NOTICE IS HEREBY GIVEN that, I Santa Singh s/o Sadhu Singh of No. 207 Boon Lay Place #02-225 Singapore 2264 have applied for a First Class Public House licence in respect of premises at M/s Santa VIP Restn Lounge Nite Club at 320 Serangoon Road #04-28 Serangoon Plaza Singapore
      483 words
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      Page 16 Advertisements Column 2
      459 16 NOTICE IS HEREBY GIVEN that, I Goh Ting Kia of No. 10 Jalan Tarum Singapore (2057), have applied for a Retail Liquor Shop Licence in respect of premises at M/s Luan Tiang Co Ltd at 41 Beach Rd Singapore (0718), and that this application will be heard in Court No
      459 words
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  • WORLD MARKETS
    • Article
      Lock icon Stocks take a tumble
      1086 17 New York Reuter WALL STREET was rattled by a round of profit-taking that snapped the market's five session rally and sent stocks sharply lower on Tuesday. Selling was instigated by a weak London stock market and discomfort with government efforts to reduce the large budget and
      Reuter  -  1,086 words
    • Article
      Lock icon Fresh collapse in early trade
      1010 17 London Reuter EQUITIES on the London market yesterday staged a fresh collapse around mid-morning with a sustained drop in share prices taking the FTSE 100 index below the October 27, 1986 "Big Bang" closing level. At 1144 GMT the index had dropped 82.1 or five
      Reuter  -  1,010 words
    • Article
      Untitled
      1338 17 Selected indices HONGKONG Hongkong Index Wednesday 1348 84 Tuesday 1418 84 Week ogo *****5 Hang Seng Index Wednesday 2077 11 Tuesday *****4 Week ago 2370 16 All Industrials Wednesday Tuesdoy Week ogo NEW YORK Dow Jones Tuesdoy Monday Week ogo 1984 2 2079 3 2127 4 *****3 *****9 1846 48
      1,338 words
    • Article
      Lock icon Date set for Eurotunnel share offer
      62 17 Reuter THE EUROTUNNEL consortium. which plans to build a rail tunnel linking France and Britain, confirmed it is aiming to launch its £750 million share offer on Nov 16 The shares would be on sale for about two weeks and would start trading simultaneously
      Reuter  -  62 words
    • Article
      Lock icon 'Few US brokers will post losses'
      718 17 Reuter MOST OF THE MAJOR US securities firms are likely to offset losses related to the Oct 19 stock market slump with gains from unaffected operations, resulting in few losses for the fourth quarter, analysts said. 'Only one big firm will report a loss
      Reuter  -  718 words
    • Article, Illustration
      Lock icon Mergers still hot business amid uncertain market trends
      308 17 AP STOCK PRICES in the US are bouncing, interest rates are unsettled, and economic prospects are unclear. But mergers are still the hottest game in town. Recent announcements of several multi-billion-dollar proposals and a proliferation of smaller deals indicate some players remain
      AP  -  308 words
    • Article
      Lock icon 'Investors wary about returning to equities'
      375 17 Reuter THE SHARPEST stock market crash in history has wiped about £160 billion off UK share prices since October 15 but investors are wary of returning to equities even at current yields, analysts believe Some will be waiting for further price falls and others
      Reuter  -  375 words
    • Article
      Lock icon No buying spree for cheap West German stocks
      142 17 Reuter THE SLIDE in West German share prices has made stocks in Frankfurt a bargain but investors are unlikely to come rushing back, say bank economists. Although the outlook for German business activity and company earnings remains bright, economists said the German
      Reuter  -  142 words
  • Page 17 Advertisements
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      569 17 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF CLOVE RMATES REALTY PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb» At an Extraordinary General Meeting of tbe Company held at 9 Penang Road #10-07, Supreme House, Singapore 0923,
      569 words
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      Page 17 Advertisements Column 2
      586 17 IN THE MATTER OF 'THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF Y.S. ALUMINIUM (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2>(b» At an Extraordinary General Meeting of the Company held at 9 Penang Road #10-07, Supreme House. Singapore 0923, on
      586 words
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  • Article, Illustration
    A $50m Jurong leisure park in the offing
    390 18  -  By CHUANG PECK MING A $50 MILLION leisure-entertain-ment park in Jurong is the latest project being proposed by the government to stimulate tourism in Singapore. The park, which is to have a cultural and historical theme and developed on a 12-hectare piece
    390 words
  • Article
    Lock icon South Asian anti-terrorism convention signed
    179 18 AFP THE THIRD annual summit of the South Asian Association for Regional Cooperation (SAARC) closed yesterday after the signing of an anti-terrorism convention. The agreement, known as the South Asian Regional Convention on the Suppression of Terrorism, was signed by leaders from member states Bangladesh,
    AFP  -  179 words
  • Article
    UK inverter maker buys stake in local company
    537 18  -  By MARTIN SOONG EUROPE'S leading manufacturer of inverters for electric motors, publicly-listed Control Techniques PLC. has taken a controlling stake in local company Euro-Controls Investments (ECI) in a deal that will bring reciprocal benefits. The friendly buy-in, for a consideration of £1
    537 words
  • Article
    Measures for building safety expected to be introduced in Parliament
    418 18 POLICY MEASURES to ensure the safety of buildings in Singapore are expected to be introduced in Parliament on Monday. Such measures are likely to include suitable methods of recording and reporting conditions of structures as well as provisions for regular
    418 words
  • Article
    Lock icon US airlines fare poorly against foreign carriers
    418 18 NYT US AIRLINES fared poorly against European and Asian carriers in a worldwide survey of almost 30,000 passengers who fly often. The survey, released in New York on Tuesday, showed that foreign airlines, led by Swissair and Singapore Airlines, dominated the list of
    NYT  -  418 words
  • Article
    Warning for inexperienced lawyers
    286 18 CHIEF JUSTICE Wee Chong Jin yesterday sounded a word of caution about newly qualified lawyers taking on cases in fields where they had no experience. It was made following a case involving lawyer Thanapathy Ulaganathan Naidu, who had been accused of having made a secret profit
    286 words
  • Article
    Lock icon Japan acts to curb illegal exports
    89 18 Reuter JAPAN will tighten legal controls on exports of 183 items to 13 communist nations from Tuesday. but will partially exempt China, a spokesman for the Ministry of International Trade and Industry said yesterday. The Cabinet approved changes to rules on exports and foreign
    Reuter  -  89 words
  • Article
    Lock icon Comex gold and silver
    106 18 Reuter COMEX GOLD FUTURES lost more than US$3.OO on follow through selling from overnight markets in quiet morning business yesterday. December gold fell US$3.6O at U*****.00 an ounce which held Tuesday's low level of U*****.50. Analysts said the dealer houses came into the New York market
    Reuter  -  106 words
  • Article
    Lock icon Taipei urged to counter US protectionist threats
    118 18 AP TAIWAN'S Board of Foreign Trade (BOFT) called on the government yesterday to take steps to counter protectionist threats from the United States, including withdrawing foreign exchange reserves from US banks because of the weakening US dollar Most of Taiwan's foreign exchange reserves,
    AP  -  118 words
  • Article
    Lock icon Computer industry outlook soiled by stock market collapse: analysts
    510 18 Reuter WILD STOCK MARKET gyrations since mid-October seem to point to rough times ahead for the US computer industry, which is just getting over 2% years of weak orders. Although industry analysts are undecided about how much the industry might suffer
    Reuter  -  510 words
  • Article
    Lock icon Manglapus assures Asean leaders of adequate security
    329 18 AP PHILIPPINE Foreign Secretary Raul Manglapus assured Thailand yesterday that Manila can provide adequate security for South-east Asian leaders despite the discovery of a bomb at the complex where they are to meet in December. Thai foreign ministry spokesman Saroj Chavanaviraj said Thailand
    AP  -  329 words
  • LATE FILE
    • Article
      Lock icon Asean may discuss stand
      70 18 Oana-Bernama ASEAN Foreign Ministers are likefy to discuss whether the grouping should take a common stand on the future of US military bases in the Philippines prior to their Summit next month. Thai Foreign Minister Air Chief Marshal Siddhi Savetsila. who is Asean Standing Committee chairman,
      Oana-Bernama  -  70 words
    • Article
      Lock icon Study for better relations
      70 18 UPI NEW ZEALAND'S Minister of Overseas Trade yesterday told a visiting Canadian trade delegation a closer economic relationship involving Canada, Australia and New Zealand is to be studied. Mr Mike Moore said: "The study would be to identify and evaluate the potential benefits and costs to
      UPI  -  70 words
    • Article
      Lock icon Iranian oil officials in Japan
      57 18 Reuter IRAN is sending senior oil officials to talk to Japanese customers in the hope of averting any compliance with the US call for an embargo on Iranian oil, industry sources said yesterday. They said the visit by officials from the National Iranian Oil Company
      Reuter  -  57 words
    • Article
      Lock icon Up to 18 million bpd output seen
      59 18 Reuter Opec PRESIDENT Rilwanu Lukman said Opec production is currently between 17.5 million and 18 million barrels per day. He was unable to say whether the current output levels meant there would be room to increase the group's output ceiling, currently 16.6 million
      Reuter  -  59 words
    • Article
      Lock icon US, Japan sign new pact
      68 18 AP JAPAN ANO the US yesterday signed a 30-year nuclear cooperation pact that gives Japan more autonomy in some areas of its nuclear energy programme, officials said. But they emphasised that the pact, which took five years to negotiate and replaces a 1968 agreement, does
      AP  -  68 words
    • Article
      Lock icon US pushes for cigarette sales
      69 18 AFP US and South Korean officials yesterday ended two days of working-level trade consultations in Seoul at which the US pushed for freer market access for US cigarettes. press reports there said. A delegation led by Deputy Assistant US Trade Representative Sandra Kristoff urged that
      AFP  -  69 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      33 18 ill Finance Co Ltd FIXED DEPOSIT Hire Purchase Industrial and Commercial Machinery Construction Equipment Properties Share Loans 116 Middle Road #03-01 6 ICB Enterprise House Singapore 0718 z Tel: *****01, *****04, *****87 i
      33 words
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      Page 18 Advertisements Column 2
      43 18 rut <>\<;im S STY!> Conquest \'\lP in titanium I ■V LONGINES vv Otlkial I inicktx-jHT»»f ilk-thinir>«'f tht-X\f\ th < >Imiijh.kl i'isOjfkial lliwkcoix r «»l die tli Olmpjik Winter < »aiu«-s I'in.<WatcH<fof<Switzerfanc(j 6 Scons Ho«l #01 16 S««« Shopping C«w« Smgawt 092 J. T«ep»w 3*0K?15 1543
      43 words
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  • SHIPPING TIMES
    • Article
      Forwarders lack expertise to develop transport concepts, says Escap
      478 19  -  By LILIAN ANG FREIGHT forwarders should be trained on the legal and economic aspects of containerisation so as to be better equipped to take advantage of technological changes in this field of transportation. So far, few forwarders and shippers in this
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    • Article
      Tokyo Car to stop manufacturing container boxes
      202 19 TOKYO CAR Corp is to pull out of marine container production by the end of March next year. Though it was ranked as the world's biggest manufacturer of marine container boxes around 1978, Seatrade Week reported that over the last few years the
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    • PORTSIDES
      • Article
        Lock icon Britannia's refit coats £19 million
        105 19 Reuter QUEEN ELIZABETH'S yacht Britannia sailed again on Tuesday after a £19 million refit £3 million over budget, the Royal Navy said. Rear Admiral David Sherval, in charge of ship refitting, said the original cost of the alterations to the 34-year-old vessel was £16 million
        Reuter  -  105 words
      • Article
        Lock icon Conferences amend CAF
        62 19 Reuter SHIPPING conferences covering the trade between the Far East and Europe have amended the currency adjustment factor (CAF) for West Germany/Benelux countries to 47.22 from 46.5 previously. The new CAF, which takes into account a European Area Differential (EAD) of minus 3.28, is effective from Nov
        Reuter  -  62 words
      • Article
        Lock icon Witass increases rate
        79 19 Reuter MEMBER LINES of the Association of West India Trans-Atlantic Steam Ship Lines said they raised the currency adjustment charge to plus 18 per cent from plus 15 per cent for traffic to and from Hamburg/Bordeaux Range, Marseilles, East Germany, Poland and the Baltic ports of the
        Reuter  -  79 words
      • Article
        Israel joins Inmarsat
        37 19 THE NUMBER of members at Inmarsat, an international co-operative organisation that operates a global satellite system, has reached 50 with the joining of Israel. The organisation was established in 1979 with 23 member countries.
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      • Article
        Lock icon Loading delays for Canadian wheat
        139 19 Reuter THE CANADIAN Wheat Board allowed to lapse on Friday's options on about 675,000 tonnes of Great Lakes freight because of loading delays resulting from a shortage of rail cars moving to Thunder Bay. Canadian trade sources said. The Dominion Marine Association has already called
        Reuter  -  139 words
    • Article
      Lock icon Who's paying now? — banks or shipowners
      1172 20 Who's paying now? banks or shipowners The shake-out in the shipping industry has taken its toll on the old way of doing business. It was trust in the personal guarantees of C Y Tung that persuaded banks to advance loans to the Tungs. And it was with an element of
      Lloyd's Maritime Asia  -  1,172 words
    • Article
      INDEX TO ADVERTISERS
      740 20 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 4 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI
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    • Article
      LONDON FREIGHTS
      1295 20 GRAIN chartering on Tuesday from the US Gulf to the Continent is being maintained with a vessel with 78,000 tonnes dw cargo capacity reported to have been arranged at a lump sum of U*****,000 for Nov 21-28 loading, shipbrokers said. This equates to around $9 67 basis heavy
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    • Article
      Japanese yards bidding for Zim's major package
      384 21 ISRAEL'S national shipping line Zim Navigation revealed that Japanese yards were in the running for the major part of its planned seven container ships order worth around US$2OO million. Negotiations for the 2,500 TEU newbuildings have been held with several leading yards including
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    • Article
      Lock icon Danish vessel with cargo of arms may end up in Gulf state
      478 21 AFP A DANISH freighter, the Danica Four, is currently on its way to the Far East with arms from Britain. Sweden and France, but according to informed sources in Copenhagen, the cargo could end up in a Gulf
      AFP  -  478 words
    • Article
      Lock icon Kenya-Uganda ferry service resumes
      68 21 Reuter RAILWAY wagon ferry services between Kenya and Uganda have resumed after a two-week suspension due to fears that Ugandan rebels might attack vessels near the Ugandan port of Jinja. The first steamer from Jinja arrived at the Kisumu port and left the same day with
      Reuter  -  68 words
    • Article
      Lock icon US Navy fires at an Arab fishing boat by mistake
      327 21 NYT THE VESSEL hit by a United States Navy frigate on Sunday was an unarmed Arab fishing boat, not an Iranian patrol boat, a fisherman who said he was aboard the fishing boat asserted. He said a crew member had
      NYT  -  327 words
    • Article
      PORT CONDITIONS
      234 21 ALL SURVEYS were conducted on Oct 12 Australia Brisbane, Sydney and Melbourne Normal operation. Bangladesh Chittagong 25 vessels operating. Brazil Santos Waiting time of up to four days. Cameroon Douala Normal operation. Chile Valparaiso Normal operation. China Dalian and Xingang Normal operation. Cyprus Limassol and Larnaca Normal operation.
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    • Article
      BHP Transport awards crude tanker order to IHI
      255 21  -  From KINGSLEY WOOD IT HAS BEEN revealed that the crude tanker which BHP Transport intends to build in Japan will be awarded to Ishika-wajima-Harima Heavy Industries. The 90,000-dwt crude tanker which is expected to be in service by the end of next
      255 words
    • Article
      SHIPPING LIST where your ships are due... and when
      8982 26 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
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    • Article
      SHIPS IN PORT
      1424 27 AT CONVENTIONAL WHARVES Hong Soon M3A oiongud# 05 *****0 Mitro Joyo M2t oiongud# 06 *****0 VmmI Bart h Arrival Otparturt Sooaor Unison IV M3t M4t o>ongvd» o ongiidn 05 II ISOO OS III 200 KEPPEL WHARVES Antonto 1 M4A M2A M3A M3t OS 11 1300 OS II
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    • Article
      BUNKER QUALITY MARKET REPORT
      127 28 Area/Port Viscosity CST at 50C Density G/ML at 15C Water Volume 0/0 Africa/Red Sea Jeddah Durban Arabian Gulf 25/182 88/168 0.918/0.957 0.977/0.993 0.0/3.5 0.0/8.6 Ras Tanura Bahrain Europe 105/146 174/190 0.941/0.948 0.970/0.976 0.0/0.3 0.1/0.1 Rotterdam Hamburg Le Havre Genoa Far East 31/472 38/421 169/352 32/330 0.943/1.010
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  • Page 19 Advertisements
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      492 19 Te r u> OOCL Cmtaitm liwt MORIH AMFRICA All ANTIC f XPRFSS (ROUND THf WORID ROUTING [UROPF fXPPTSS STRVICT Mm Aacaatan AM nr* Carp Hi hltai an oriental am NLiOMI 00K TlMiin OCT JttOWtt MNPPINC ABENOCS flh|. No. MMS4/OOR DO CMtaMMt too* #12-05 SMBfOMt, >pw 188 \ll If/ T< 22U011
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      Page 19 Advertisements Column 2
      71 19 THE HONGKONG shipowning fraternity is emerging shaken but resolute after the hardships imposed by the latest market depression. Pag« II ISRAEL'S national shipping line Zim Navigation revealed that Japanese yards were in the running for the major part of its planned seven container ships order worth around US$2OO million. P«g«
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      Page 19 Advertisements Column 3
      476 19 Learn from the Successes and the Flops! Must read! Two little shops which couldn't fail, but did Why? Find out in HER World this month! MAERSK LINE FAST TRANSIT TO U.S.A. SINGAPORE/LONG BEACH 18 DATS Th» «nii Arthur M Ctotmg Time CY 11/11 2300 HRS CFS 11/11 1300 HRS AUTHOR
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      348 20 JE2 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA FELIXSTOWE ETA *12 W2 ROTTERDAM ETA E23E211 r T rr~n ajcaotinf carp to all U.K. destinations. Scandinavian (Aartnn. Coponhaion, 23/12 Inland points I W*it African Porta. EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
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      Page 20 Advertisements Column 3
      489 20 CHARGEURS REUN/S f' m f *OUIBif S ???37« f A» P?SSDS'* S'pari P» S O ESTEHO 4/12 LA MOM IS/U CATAMAUCA II 22/12 Optorg Shipping Pte. Ltd x E L MA VAS AfIGENTINAS A%FN T INE SiA'ICNAi L St Pert .ing 3*>m7ool 2 1 Periling 756 *">9 3 "?rSf>Oi| 6?324
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      1013 21 The Straits Steamship Group A Mansfield Container Shipping PteLtd Dfi,Art| P&O tOIV/vilj Containers Limited pfliiij: IM'.MIMI wy. !n: FRAMFIMT EXP*ESS OMM MT KJTAM MIHI UkMS iAY MOW KMC art ESS CAM4CAN MT a/u mm mm mm mm W) W1 IW W W2 uyu ivu u/u u/u am am a/u am
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      Page 21 Advertisements Column 2
      517 21 M EUROPE USA/PANAMA > ■h.tiirnni iiiiiiiiiirTii 1111 Wk 785 IIM WA 7M M M WA 717 14.11 «a m ai.ii rm TO USA/CANADA WEEKLY FULL CONTAINER SERVICE UNEHAUI P. JEFFERSON Vl4l P. TYLER V* r7^LA-*iiiirT T w/-M wnaMnTTTi 128/11 1/12 1 bJ.n I W 1/12 I--11/12 12/12 2/12 3/12 3/12
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      294 22 Hapag-Uoyd ■ONTAINFRSHIP SERVICE TO UK CONTINENT OuO by Kitano Haru UO* Bay Tatop Bay Takio Liprcu Knrtoan Bay City <J> Minkurfti 11/2 13/2 15/2 16/2 ALSO ACCEPTING CARGO TO: AU UK INLAND DESTINATIONS. BCLFAST, DUBLIN COPENHAGEN, AARNUS. QOTNENBUBC. MALMO. HELSINKI. OSLO AMSTERDAM CARIBBEAN ft t AMERICA i Oj^s^MhCONTAINER SERVICE TO
      294 words
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      Page 22 Advertisements Column 2
      486 22 FULLY CONTAINERISED SERVICE NEPTUNE CRYSTAL 42* I'll CHINA CONTAINER 42W 15/11 HONGKONG CONTAINER 22/11 II TRANSWORLD BRIDGE 40W 29,11 1 SEVEN SEAS BRIDGE UW 6/12 2 KOREAN CHANCE 34W 13/12 3 ALSO CALLING ANTWERP VIA ROTTERDAM PKELANC CTRS VIA FEEDER VESSEL I FROM JROPE VIA SUEZ J Mfmbw of the
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      Page 22 Advertisements Column 3
      464 22 f/A FREIGHT LINKS EXPRESS PTE LTD ACCEPTING FCL/LCL TO ALL U.S.A. PORTS/INLAND DESTNS. Sailing: 7/11 ft 17/11 R DEP: EVERY SAT WEEKLY CONSOL TO: JAKARTA BANGKOK HONG KONG MANILA KEELUNG/KAOSHIUNG BUSAN TOKYO/YOKOHAMA SYDNEY/MELBOURNE AUCKLAND/WELLINGTON LONDON/FELIXSTONE HAMBURG/ROTTERDAM FOR: TENERIFE, LAS PALMAS, CASABLANCA CEUTA, MADRID, PORTO, LISBOA. ALG£R, ORAM, BARCELONA t VALENCIA
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      Page 22 Advertisements Column 4
      864 22 r?T A EVERGREEN Full Container Se rvicp Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCf HKC KSC KLC PUS OS* TYO jttT EVER GATHER/EVER GUARD hi tat »1 11JU W1 tIU EVER GROWTH 1201 liOl 1101 »11 ISAi EVER LIVING/EVER GRAND 17/11 ZUU W1 B/U 22/12 EVER GENIUS 2*ll JBOI 2/12 4/17 n/U
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      782 23 PACIFIC INTERNATIONAL LINES »V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA EAGLE MAJAPAHIT OOWA VOY SIN jkt sbv VOY SIN pgd hkg kao kee htc vok ngo kob bus 01 SB SM SM tn PI 02MB 9/11 9/11 14/11 10/11 17/11
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      Page 23 Advertisements Column 2
      294 23 MJffl NORBULK NORBULK CARGO SERVICES LTD. r REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS SWK/SABAH BARBARA MORGAN NBT-12 In Port NBTI3 1011 LOADING FOR TUTI/MANGALORE MADRAS/TUTI/KANDIA TO: JAPAN PORTS LOADING FOR OSAKA/NAGOY A/TOKYO "TBN Bfll LOADS INDONESIA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL
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      Page 23 Advertisements Column 3
      595 23 I BLC BEN LINE CONTAINERS (KJJEBSEN LINE NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUINEA FIJI AND SOUTH PACIFIC ISLANDS HONGKONC EXPRESS VOT M»4H,THEA SVISS SIN MUG NOUMEA 2111 30m 12/12 SUN rgm SIN 2*2*11 FCL carp LCI carp Ktwtxf PORT MORESBY Mm from 11(10 M 2,11 at Pan,a"t CD
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      Page 23 Advertisements Column 4
      643 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY canoa Hum lm vessel S PANJAN& ITWt SAIWIJAYAOTM OCEAN PtMAW*9 Buto|»ct to lnduo*«n«nt Also accapMog cargo to CwWnwcm. Port SoW, Port Alexandria, Gonoa, Trtaato.
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      Page 23 Advertisements Column 5
      375 23 Spore LASHIO V«6 4/5 Nov •SJTTWAY V 33 10/11 No* PAGAN VI2OW 1103 Nov HTONEYWA V229W 21/23 Nov Discharging only. RAi BURMA FIVE STAR (Burmese National Line) Loading for Rangoon •re P Kelang Penang Bangkok gt BANK LINE EXPRESS SEMI-CONTAINER S NORTHBOUND TO UKC IVYBANK V2ON PRO-ATLANTICA VIN TAUSALA SAMOA
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      1040 24 kL K"UfIE SHiPPIfIG-DflTfl ATLAfITIC COAST (Round-The-World Service) ORIENTAL FAITH V 5 ORIENTAL FRIENDSHIP V 5 •VIA FEEDER •PK/PNG SPORE SM S Nov 7 Nov 12 Nov NYC HFX 12 Dk It Dm It Dm 23 Doc vV-v-V-V-V---PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNC SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK 0.
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      Page 24 Advertisements Column 2
      313 24 Accepting LCL and South Africa OSAKA HARU 413SF HAVAKAWA HARU 4235F VAAL 3932 C NEDLLOYD COLOMBO «BIG orpoti Dkicl to Sport Durban P.Eltz 9/11 21/11 23/11 21/11 1/12 11/12 C Town Durban SU Sid 6/11 9/11 m J«rd JARDINE SHIPPING AGENCIES (REG. 242*64/ 00K) 200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE
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      Page 24 Advertisements Column 3
      599 24 AUSTRALIA EXPRESS CONTAINER SERVICt Accepting FCL/FCL Containers p |L*w Ita* S port IMb From Sfdit Aht Act "CMAWMOAS" V2I X Ho. SOkl4Ok 12 Ok AM/Bra 3ff»ar 7 Ok Ok Ok 27 Ok AM/Sra CHANOIDAS" V.2971 Ok S iao 14 Jan 12 Jan AM/Sra INDIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Contains*
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      Page 24 Advertisements Column 4
      782 24 GOLDEN LINE WK ttV GUAM GUAM SHPPftG (PTE) LTD ILIN/v 23. TtM Ayr SM "I 4 saWNK IIM IU: MOMS (It I*s) Fai MM STRAITS/PERSIAN GULF SERVICE: Sport P Kate* Penary GOLDEN WON OCR Cotombo Karadw Dammam 15/16 Hoy GOLDEN SCAR Colombo Karachi Dubai Bahrain 1/9 Dec CHINA SERVICE A
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      Page 24 Advertisements Column 5
      462 24 V® PHILI Oni€NT LIN€S PT€ LTD HfAO OFfiCt 63 ROBINSON ROAD *C" 1? AfRO AS A BUILDING S NCA' OPE Oi:S TfL RS ?67?0 PH Ll ffi» 7/11. 11/11 a/11. 5/12 7/11. 14/11 DOHA. MUSCAT. MMMM. MU DHMI SHARJAH JEDOAH. HOOEDAH AQABA N ROW. BOK. KEHJJNG. BMNLA. BANGKOK. TOKYO. COLOMBO
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      948 25 NEPTUNE ORIENT LINES LTD £2 SERVICE a S'pore NEPTUNE AGENCIES PTE LTD- FE EU'AUST TPA'SEA Tel No I Terminal CFS BOOKINGS *****U *****42 *****22 *****53 *****19 *****1* *****11 *****41 P Kelang NEPLINE SON BHD KMS7 INWARD/OUTWARD K.Lumpur NEPLINE SON BHD *****23 ENQUIRIES *****44 Penang NEPLINE SON BHD. fc2oo3vt27tio*27ttl*27«&2 J Bahru
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      Page 25 Advertisements Column 2
      432 25 HEUNG-A SHIPPING Korean Flag Vessels v DON/UK SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON S POHf AUNTS NIPIUNI AOl Nt lIS fit t 10 Ifi //DI'IM/l .'.V/SIU HHto! "fls.'hJ (Icfirin i l MI. MII ((»S) MAI AfSIA AUNIS I UNAS si I (A iON BHD et I. i
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      Page 25 Advertisements Column 3
      629 25 r SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG PENANC M/SKANPLINC SYSTEM CO SOW BHD MESSRS NAI TNOMC SHIPPING 127 PenanjStreet. Penanj, fcUirru
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      346 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 *30 Lmes> FAX *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAD VE.BDEUTFRACHT/SEEREEDEREI RQSTO INTEGRATED FULL CONTAINER SERVICE *VIA COLOMBO: Accepting carpi for INDIA Bombay, Cochin. Madras Calcutta "VIA LARNACA: Accepting cargo for Lattakn. Piraeus. Thcssakmiki, Izmir, Istanbul.
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  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      159 26 Regional Weather WA m mmmm m si K 'A 35 > •V Is." SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. d^' Wind direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature c X\ n Shower Weather _y Wind direction with speed m knots Rom V-^
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      931 27 ScanDutchV •TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY 101 In Port In Port 1/11 N. Dotft/W 14A1 um 1201 1401 Nihon/400 a/11 mi aoi aoi n. o*jima/4u »A 1 2*ol 21/11 21/11 B Suru/421 5/12 3/12 3/12 5/12 Sotandia/431 aw 8/12 7/12 13/12 14/12 11/12 21/12 3D/12 27/12 :TP RED SEA EAST
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      Page 27 Advertisements Column 2
      132 27 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE st tit t is'c EAST BOUND SERVICE HA S POKE LOADINC FOR IVII JAPAN WEST BOUND SERVICE eta s pore loaoinc for Wll J«M»ti Aqabt THROUGH B/U to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA ft BAGHDAD REEFER SPACE AVAILABLE UPTO
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  • Page 28 Advertisements
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      332 28 Hai Sun Hup Co (Pte) Ltd w TF I ??(mO6 l? 0 Lines) TLX RS ***** RS 2067? 1. I \s I I K K I I\ I k. I ID WEEKLY CONVENTIONAL HEAVY LIFT SERVICE FROM SINGAPORE/PORT KELANG TO: i.i.. n.Oi. M I 1 ..T ■3§HM CAR CARRIER SERVICE
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      Page 28 Advertisements Column 2
      367 28 ■r 0 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) \V EXPRESS SEM-COWTAfCR SERVICE TO Ahm* Ocian LiNfs Lid. ETA SPORE mi VESSEL Ljfos. Port Harcourt, Douala. and Terru MV CFFESSOS Accepting FCL. LCL and BRtAKBULK Other West African pods on inducement Discharging ETA SPORE Accepting breakbulk and M/V
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      208 28 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S PORE ETA KEELUNC CON-CARRIERS IS/17 *11 11/11 CON-CARRIERS 20«7 11/11 24/11 CON-CARRIERS 2107 24/11 30/11 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S POKE ETA SYD ETA HELB CON-CARRIERS 25/*7 11/11 1/12 5/12 CON-CARRIERS 2W 24/11 11/12 a/12 Alto xxaptHif
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      Page 28 Advertisements Column 4
      508 28 /M CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-€*****/4, €***** 07-*****8 07-*****3, *****5, *****0, 513JZli 02-*****22 t *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER a. butanc m rm T7T TTT OTHER DESTINATIONS: AARHUS. AMSTERDAM, ANTWERP, BASLE. IRtw, BREMER HAVEN. COPENHAGEN. HELSINKI.
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