The Business Times, 26 November 1987

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 THURSDAY, NOVEMBER 26, 1987 75 CENTS
    11 words
  • 167 1 OvtrMM markets WwiMtday HK Hang Seng Index 2184.41 49,57 Tokyo Nikkei Average *****.69 363.67) Sydney All-Ordinaries 1296.5 30.5 Tuesday Now York (Dow Jones) 1963.53 40.45 London (FT 30 Index) 1335.2 25.8 (Wednesday noons 1316.8; -18.4 EichMQt rates US$: 134-55/65 yen 1.6640/50 DM S$2.0315/25 £i US$1.7955/65 M$: SI0.8148/54
    167 words
  • 98 1 Reuter THE PHILIPPINE Congress has confirmed Vicente Jayme as the country's Finance Secretary 10 weeks after President Corazon Aquino named him to the post. Senator Ernesto Maceda, a member of the Commission on Appointments, said objections had been dropped to Mr Jayme's earlier performance as Public
    Reuter  -  98 words
  • 365 1 INTEREST RATE cuts in West Germany, France and the Netherlands yesterday contributed to a modest rally in the greenback during early trading on major Asian forex markets. But the rally could not be sustained as Asian traders, followed later by their European counterparts, began
    365 words
  • 219 1 SHARE PRICES on all major Asian stock markets rallied on good news of interest rate cuts by the three European countries. Tuesday's stronger US dollar and the rally on Wall Street. However, according to latest reports, European brokers say the markets are at a critical point
    219 words
  • 88 1 AFP WALL STREET stocks were narrowly lower in light pre-holiday trading early yesterday, brokers said. Blue chips showed small losses and a handful more issues showed losses than gains. The Dow 30 index was off two at 1961 and declines led gainers by less
    AFP  -  88 words
  • 508 1  -  By LOM HUI YIN in New York FOOD MANUFACTURER Tee Yih Jia, better known as the "Popiah Skin Maker", is in the thick of negotiations to acquire a wellestablished food company in California. The deal, worth at least US$6 million
    508 words
  • 237 1 Reuter THAILANO's government appeared to have avoided collapse yesterday when Parliament agreed to vote on a controversial copyright bill the government wants pushed through quickly. Prime Minister Prem Tinsulanonda outflanked dissidents in his ruling coalition and- looked set to win the vote
    Reuter  -  237 words
  • 516 1 Reuter RISING EXPORTS helped the US economy grow at a healthy annual rate of 4.1 per cent between July and September, better than previously thought, Washington reported on Tuesday. The figure was further proof that gross national product was growing strongly
    Reuter  -  516 words
  • 481 1 SINGAPORE ABLE TO SUPPORT 'COMPLEX REQUIREMENTS' JAPANESE COMPANIES looking for more offshore business opportunities should follow the example of Sony to set up operational headquarters in Singapore, said Brigadier-General (Res) Lee Hsien Loong in Japan yesterday. "Many countries can host
    481 words
  • Page 1 Advertisements
    • 136 1 Cassette Receiver M 3 FUJITSU TEN AMATEUR PHOTO STOKES PTE LTD Singapore: Phone *****33 Kuala Lumpur: Phone. *****33 Phone. *****5/*****1 Jakarta: Phone. *****5 The comfortable long term commitment WHY HRST-TME HOME BUYERS SHOULD LOOK FIRST TO OUB More and more first-time home buyers are learning that Overseas Union Bank offers
      136 words
    • 405 1 Common interest brings Paris and Bonn together, Page 7 Threat to economic growth prompts cut In interest rates, Page 7 European rate cuts unlikely to induce US reductions, Page 17 Full report, P«g« U R*g'l marfcvts, Pagt 20 Int'l markets, Pag* 21 What steps can Japan take? WHAT IS LIKELY
      405 words
    • 10 1 US corporations post best profits In a yaar, Pag* 5
      10 words
    • 33 1 jj- Shipping Tlmaa comes as a aaparata sactlon today. Maka aura you gat your copy. SEIKO Mail invented time. Seiko prrlei tcd it. yv i ,W, Z'y INSIST 01 SfiffS HmRMTKHWI GUARANIF CfRTIfICATf
      33 words

  • HOME NEWS
    • 481 2  -  By LIM SOON NEO EXTRA FLIGHTS to New Zealand. up till end-January, are being launched by both Air New Zealand and Singapore Airlines to cope with the peak season demand. The flights will go some way in shortening the waiting list which,
      481 words
    • 283 2  -  By LONG SHIH ROME dgMBERS of a Canadian trade ration recognise the Asianffexfic region as a major comjaiiftive area and view Singafvre as a gateway to East Alfrfn markets. tesThe 12-member Canadian Manufacturers' Association (CYAA) industrial cooperation fission to Singapore, consistlag mainly of small Canadian companies
      283 words
    • 406 2 SINGAPORE'S aim to become the regional and international centre tor tourism studies took a major stride forward yesterday with the opening of a Centre for Tourism Related Studies. Dr Tay Eng Soon, Minister of State for Education, said the CTRS programmes are expected to achieve
      406 words
    • 112 2 RED EYES are a more common sight these days, not because Singaporeans are crying ovf last month's stock market crash. The culprit is a certain virus which, in the past two weeks, caused 2,479 patients to be treated for conjunctivitis at government outpatient dispensaries, polyclinics
      112 words
    • 319 2 Seminars and 1 Courses r c EG Cahners Tel: *****13 I Exposition Tlx RS ***** Group Fax: *****66 Dec 7 Cor* Skills for (commence- Effectiveness ond ment dote) Change (COSEO Dec 7 COSEC Materials (commence- Familiarisation ment date) Programme Dec 7-8 Mastering Spreadsheet Usage Dec 7-8 Increasing Negotiating
      319 words
    • 270 3 BILLY LEE has been appointed director of business development of the Sembawang Group of Companies. Mr Lee. who was formerly managing director of the energy division of the Promet group, spent several years with the EDB as head of its offshore oil/gas/marine/metals/transport industries division. Mr Lee holds
      270 words
    • 305 3 ADOPTION of Western ways has been creating a new Singaporean culture but not a Singaporean architecture, a conservation consultant has noted. Mr Robertson Collins, speaking on "Tourism development and heritage conservation in Asia-Pacific region", said he saw very little of the design and detail that is
      305 words
    • 251 3 AN ANNUAL FORUM on information technology has attracted a great deal more private sector participation this year. Private sector representatives make up about half of the 350 delegates attending the Information Technology Works "87 Conference starting today at the Hyatt Regency. This year's conference will
      251 words
    • 181 3 SINGAPORE is to be the venue of an exhibition on the latest in military and security equipment in June next year. Milipol-Asia 88, a fourday exhibition-cum-confer-ence, will be held from June 21 to 24. Milipol exhibitions are organised by the Paris-based Milipol International
      181 words
    • 506 3  -  Company plans to produce heads for micro floppy disk drives By CORRINA LIM SONY, the company which pioneered the micro floppy disk drive, intends to make the head for the disk drive in Singapore next year. Mr Kazuo Mihara, managing director of Sony Precision Engineering
      506 words
    • 366 3 COTTON KNITWEAR manufacturers have agreed to raise the price of gloves in view of the increase in the price of imported yarn. Last Friday, nine cotton glove manufacturers announced a 15 per cent price rise, effective from January 1
      366 words
  • Page 2 Advertisements
    • 218 2 The Swire Group Hi How a bass turned into a soprano overnight Mg m It z&jf r- ft fc fsr mmmm London, England have to admit that for a songwriter going to the recording capital of the world I wasn't too sure of myself. by the time we reached London,
      218 words

  • Page 3 Advertisements
    • 133 3 Prompt pick-up and detivery 24 hours a day •W\\ JLW Auctions Mortgagee's Sale DEVELOPMENT SITE at UPPER BUKIT TIMAH ROAD V O it Lots 351 337. Mkl4 •999 years leasehold Site Area *****.3 sqm. approx. (subject to final survey) Master Plan Zoning: Predominantly Industrial and Unscheduled Area Auction Date; 3rd
      133 words
    • 87 3 OFFENBACH. THE SIGN THAT SHOWS YOUVE ARRIVED. Men and women who never compromise on quality always shop ai Offenbach. Because at Offenbach we make sure a name is never an empty promise. Whether it's mens luggage, ladies'handbags, accessories or Swiss precision timepieces, each item is a creation of thefinest European
      87 words

  • ASIA-PACIFIC
    • 449 4 AFP BANGLADESH'S current political crisis carries the risk of seriously damaging the all-too-fragile economy of a country with one of the lowest per capita incomes in the world, observers in Dhaka said. Successive general strikes organised by the opposition since November 10
      AFP  -  449 words
    • 341 4 Reuter AUSTRALIA'S economy is growing well and can weather the fall-out from last month's stock market crash, Treasurer Paul Keating said. Mr Keating made the statement at a news conference in Canberra yesterday after the release of official statistics showing a 0.5 per
      Reuter  -  341 words
    • 185 4 Reuter AUSTRALIA'S Queensland state was in political turmoil yesterday with its maverick ruler Sir Joh Bjelke-Petersen fighting a mutiny of his party stalwarts. Sir Joh, who has been at the helm of the country's most conservative state for 19 years, sacked three senior ministers on Tuesday
      Reuter  -  185 words
    • 250 4 AP HONGKONG GOVERNOR Sir David Wilson denied his administration was a "lame duck" in a strong response to criticism of the government s handling of political reform and the stock market crisis. The British colony had "a very active government indeed," Sir Wilson said
      AP  -  250 words
    • 91 4 Reuter HONGKONG'S trade surplus narrowed to HK$556 million in October from HK$l.5B billion in September as imports grew faster than exports, Census and Statistics Department figures show. In October 1986, there was a trade deficit of HK$354 million. A cumulative trade surplus of HKS62O
      Reuter  -  91 words
    • 124 4 AFP MORE THAN 16,000 houses built in new resettlement areas in Indonesia are unoccupied because the government lacks the money to move people to them. Transmigration Minister Martono told newsmen on Tuesday after reporting to President Suharto that the vacant housing settlements, including their
      AFP  -  124 words
    • 877 4 ARRIVALS Operator Sorvico number Local Hnw From OA THAJ SIA tc MAS MAS MAS SIA AC CPA MAS GU UN CHARTER RftA GtA SIA SIA THAJ SIA MAS GU SIA SIA SIA GU ftA SIA SU SIA SU THAI LUFT THAI CPA MAS MAS GU MAS SU
      877 words
  • Page 4 Advertisements
    • 154 4 w w H 0 THE FORD TELSTAR. DESIGNED TO NEW ENGINEERING STANDARDS. a* 1 j <* m 9 <• "V p V When we designed the new Telstar we designed it to be unrivalled in its class. Once acquainted with its completely new interior with standard features such as power
      154 words
    • 66 4 f I ]g I If I 1# The business person's choice, every I 1 II 111 I Tuesday. Thursday. Saturday and I 1 f 1 f I \l II I Sunday. Leaving Changi Airport at I V/I XW-L 1 _1_ 22:05 hours and arriving at Lester B. Ftearson International Airport
      66 words

  • REST OF THE WORLD
    • 383 5 Reuter BRITAIN'S gross domestic product (GOP) growth will (all to 2.5 per cent in 1988 from around 4 per cent this year, but the stock market slump will not have a significant impact, the Henley Centre for Forecasting Ltd said. The fall
      Reuter  -  383 words
    • 105 5 Reuter THE FINAL TEXT of the CanadaUS free trade agreement should be completed next week about a month before Prime Minister Brian Mulroney and President Ronald Reagan are scheduled to sign the historic agreement. The protracted negotiations on the legal wording of the document are
      Reuter  -  105 words
    • 350 5 Reuter THE WORLD BANK hopes wealthy nations will commit about US$3 billion next week to help the critically poor countries of sub-Saha-ran Africa, monetary sources said on Tuesday. The funding, to be discussed at a meeting with officials of wealthy nations in
      Reuter  -  350 words
    • 157 5 Reuter THE ENGLISH language is being murdered in broad daylight on the streets of Paris, but no one is saying a word. Silent, strangled English adorns the clothes of thousands of modish young French men and women, whose demand for things American and British does
      Reuter  -  157 words
    • 590 5 Reuter THE SOVIET UNION and the US. buoyed by success in concluding an Intermediate-range Nuclear Forces (INF) treaty, have agreed to drive towards radical cuts in their massive strategic nuclear arsenals that both agree could destroy mankind. Senior officials from the two powers said
      Reuter  -  590 words
    • 226 5 AP AFTER-TAX profits of US corporations posted their best showing in a year when they climbed 5.2 per cent in the July-September quarter, the government said on Tuesday. The Commerce Department said the third quarter increase compared with a 4.3 per cent
      AP  -  226 words
  • Page 5 Advertisements
    • 82 5 New. IHe Cowbcvs Dupont m *-<***— V* s kiZ:' —f *4tS& *i i >- .irfc 3W >V Sa* 'v/.; ST >u» ■■■i* d&-* tf m m N "V »w -X S S' 1 Denim Lacquer. The latest Dupont lighter. S.T. Dupont DiMributJon Ptt Ltd 1 North Bridge Road »0 01
      82 words
  • Page 5 Miscellaneous
    • 38 5 11'///// Nassau fc-1 fN-M-l rlf W L/Vffn New York Nicosia Oslo Paris Perth Rio 'Janeiro Rom* San Fris'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tel Awfy Tokyo Toronto Vancouver Vienna Warsaw \AJ (kIIMtAII vy osnirvyTon
      38 words
    • 56 5 Doonesbury SiR! ITS 3 99 T* I JUST GOT A CALL FROM THE AUTHORITIES! PUKBHASCAU6HT up in ihecjtTs sweep of the MENTAUy INCOMPETENT! HE'S EEENCOMC /^wspnu! BY GARRY TRUDEAU vm ~9t st k K >« m m Kims THEN OUR VES.SK. CONE NATIONAL POKXJ NIGHTMARE UANTTD ISOMER. COME IN ON
      56 words

  • Page 6 Advertisements
    • 502 6 A message from Merrill Lynch. "Psychology will play a major role in the movement of share prices in the weeks ahead!' -ROBERT J. FARRELL CHIEF MARKET ANALYST Recently, investor uncertainty abruptly caused an unprecedented decline in the worldwide equity markets. Subsequently, selling continued as the financial markets struggled to stabilize.
      502 words

  • FOCUS
    • 491 7 Reuter COORDINATED interest rate cuts in France and West Germany on Tuesday could mark the first step towards a new role for European nations as world economic leaders, monetary sources and economists say. The US dollar's weakness and last month's stock market crash
      Reuter  -  491 words
    • 962 7 The decision by France and West Germany to cut their key interest rates in a joint response to the USS76 billion US budget cuts over two years is seen as encouraging for financial markets. This page looks at why the two countries
      Reuter  -  962 words
    • 556 7 Reuter ANYONE SEEKING clues on how the US Congress plans to slash the federal budget deficit needs only look at the savings some lawmakers see coming from items such as orthopedic shoes, pizza labels and Gulf escort fees. Then there's the plan to bring down
      Reuter  -  556 words
  • Page 7 Advertisements
    • 150 7 '"Ann SK*" CORUM SWISS 2L-S-M* 'Romulus" in 18 carat gold with the "Roman hours" hand-engraved on the rim. Romulus. An ultra-slim, quartz and water-resistant model. Four different sizes in gold steel, solid gold, platinum or set with diamonds. OFFICIAL AGENTS: Singapore: SHUI HWA JEWELLERY CO (PTE) LTD #02 112 Far
      150 words
    • 157 7 Left get you the Best Deal Offuefyw. i Hundreds of listings available All locations and range of rentals Our expenence know-how will help you get the best terms Ann el a Yusof- S ,ovV Call Fatt onn *J e Jasmine Ying. Kevin. George ItdlKsbi" m <•> > 4 i* 3"/.-
      157 words

  • COMMODITIES
    • 277 8 Reuter INDONESIA HAS AGREED in principle to cooperate with Malaysia in the marketing and development of palm oil and other agricultural commodities produced by the two countries, an Indonesian official has said. Sardjono Reksodimuljo, a senior official of the Ministry of Tree
      Reuter  -  277 words
    • 352 8 AFP PROJECTIONS of the world surplus of cocoa during the current 1987-88 season have been overestimated by 38,000 tonnes, largely due to smaller-than-expec-ted output in the droughtstricken Bahia region of Brazil, according to the authoritative Gill and Duffus commodity trading company. The revised
      AFP  -  352 words
    • 369 8 HONGKONG: Gold closed firmer yesterday on short-covering triggered by early buying interest which was prompted by the weakness of the US dollar. Dealers said sentiment towards gold was slightly bullish for technical reasons after it breached the US$4BO per ounce level in the afternoon. The metal ended at
      369 words
    • 69 8 YESTERDAY was another quiet day in the Far East petroleum products market, with most products stable to slightly firmer. Duboi (Ok) WM Taiot US$/borr«4 16.74 Otang» -0.03 WTI (Ok) lt.73 -0.05 Products (FOB S'pore) U$S/borr*4 OKing* Kmm 23 15 -0 30 ComU 20.10 -0.05 low Sulpha Woiy
      69 words
    • 458 8 Crude palm oil futures closed higher yesterday in sharply improved trading on the Kuala Lumpur Commodity Exchange. Dealers said the market. which saw increased buying interest, was in line with the firmer cash market and the higher overnight closing at CBT. Spot month December rose $13 to MsB42
      458 words
    • 241 8 Exchange Sclltn noon dovng pocos on Nov 25 (SS/100 kg) Coconut oil Bulk FOB 93.00 Otd drum FOB 103.00 N*w drum FOB 107.00 Copra Mixed (loo—) 53 Pepper 4Aa H|AAL fnunrvi wiwTw FOB NIW 1210.00 Sor o w ok whit* FOB foq NtW 1195.00 Sarawak special block FOB
      241 words
    • 318 8 Reuter CBT soybean futures rallied sharply at the close on Tuesday on a rumour that the Soviet Union had bought US soymeal and possibly soybeans. Prices closed nine to 4-3/4 cents higher per bushel in heavy commercial and professional buying on the rumour, traders said. January settled
      Reuter  -  318 words
    • 300 8 London Commodity Exchange Buyer/Seller doling prices an 5 I CN 1 lets specified). Previous closing prices in parenthesis. Coffee So sis in-store London, sellers option OF London Nov 1232/1235 High/Low (1227/1230) 1238/1225 Jan 1266/1268 High/Low (1261/1262) 1273/1256 Sales (1723) Cocoa Dec 1118/1119 High/Low (1097/1098) 1123/1107 Mar 1152/1153 (1128/1129)
      300 words
    • 270 8 Reuter SINGAPORE The market closed lower yesterday with December 1 RSS buyers quoted at 212.75 cents a kilo, down 1.75 cents from Tuesday s close. Lack of buying interest and the absence of fresh market-moving factors caused prices to fall 1.50 cents in thin morning trading, dealers said. Prices
      Reuter  -  270 words
    • 250 8 RAS prices In S ewMg, FOB in tal* NOON CLOSE Bwy*rs S#Mors 5uy*rs 1 le Int 1 RSS Prompt 214.25 215.25N 213.00 214.00N Int 1 RSS D*c 87 214.00 215.00 212.75 213.75 Int 1 RSS Jon 88 212.50 213.00 211.00 211 JO bit 2 RSS OP *****
      250 words
    • 78 8 (cents/kg, 1-ton pallets) DECEMBER 87 JANUARY 88 (currant month) (forward month) NOON NOON HAO luyers Sellers tuyers Setters SSI 20 213-50 215-50 213-50 215-50 SSI 50 212.00 214.00 212.00 214.00 MRELB Buyers Sellers Iwyers Setters SMI CV 267.00 269.00N 268.00 270.00N SMI I 267.00 269.00N 268.00 270.00N
      78 words
    • 106 8 Reuter THE KUALA LUMPUR Tin Market price fell 22 cents yesterday from Tuesday's dose to Msl7 a kg on continuing bearish sentiment among sellers and weak mand. Sellers Increased their offers for fear of a further drop in prices over the next few days, dealers said. Sterling's recovery
      Reuter  -  106 words
  • Page 8 Advertisements
    • 240 8 Seldom does such an investment feet (333 sq. metres), that promise property with the benefits of Number 7 Nassim Road appear on the market. Singapore's premier residential location, guaranteed return fully signed occupancy are to name just a few. Quite simply it is the most prestigious residential area of Singapore,
      240 words
    • 82 8 Japanese Restaurant tr N ft 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
      82 words

  • Page 9 Advertisements
    • 310 9 Sharpte In Hbur Corner A wide variety of super-efficient copiers with automatic functions to work in your corner, for your section, or near your desk. 1 1 n,- SF-7100 Compact Full-Featured Copier 10 copies per minute. Auto exposure for perfect copies Up to B4 originals. Automatic toner dispensing. '2 fC
      310 words

  • PERSPECTIVE
    • 533 10 AS THEY SIT DOWN to the annual ritual dinner to celebrate Thanksgiving Day, many Americans are probably not feeling very grateful. The investors among them are apt to spend the day grousing to relatives about how much money they lost during the Crash of '87. Many of
      533 words
    • 1093 10 The Japanese economy is expected to grow by 3% per cent at the end of next March; maybe even faster in the financial year after that. With growth prospects like that, the Japanese government believes that its economy needs no further encouragement. The Economist
      The Economist; Sources: Sanwa Research Institute; ILO  -  1,093 words
    • 784 10 FT WHEN NEWS of the first military coup in Fiji reached a neighbouring Pacific island country, an emergency Cabinet meeting was immediately called. Its sole purpose was to discuss how to make the most of the economic difficulties that post-coup Fiji would
      FT  -  784 words
    • 480 11 AFP NEXT MONTH'S meeting between Prince Norodom Sihanouk, the leader of Coalition Government of Democratic Kampuchea. and Hun Sen, the Viet-namese-installed Prime Minister in Phnom Penh, will be a breakthrough in efforts to end Vietnam's occupation of Cambodia. However, analysts add that it
      AFP  -  480 words
    • 361 11 AFP NOT SO LONG ago in Vietnam, a bride's family would wait with dread for the in-laws' visit the morning after the wedding night. If they carried a whole pig's head, they would smile again, but if the ears were cut, it meant
      AFP  -  361 words
    • 766 11  -  The North Atlantic Treaty Organisation believes that its bold decision in 1979 to deploy US missiles in Western Europe has resulted finally in the US-Soviet treaty to ban medium-range nuclear missiles. While Nato congratulates itself on its success, critics question the cost
      Reuter  -  766 words
  • Page 10 Advertisements
    • 79 10 R-I t Coi'l I R^ I- Nf I >l\< is.-U *<** m+A ■*»„> J JM V>= *41 J--1 K 'T—..|§..U.. ZLz 'X, |-|s|s s.'VAr te; N" Vgag'v;; km M"| •U* (.Mitt I .in. IKK(ioM iBLAIt .•> &i Jwt |pi. ggl ||gg 4^S^HSI.-, *5% 7, Wsf mm##*; W c?>' \i;' Sole
      79 words
  • Page 10 Miscellaneous
    • 712 10 CRYPTIC PUZZLE ACROSS 1 Kind of varnish for a yacht part. I see (6) 7 Breathe heavily initially (8) 8 University of many a learned man (4) 10 South-western river in Scandinavia? (6) 11 Sportsmen causing skippers to lose heart (6) 14 Leaves for refreshment (3) 16 She takes me
      712 words

  • Page 11 Advertisements
    • 183 11 When you buy a MITSUBISHI GRLRN7 you'll run into some nice surprises. WE BACK OUR CARS FOR LIFE Now when you purchase a brand-new Mitsubishi Galant 1.6 GLS from us you're privileged to all these: FREE sports rims and tyre change Blaupunkt Melbourne SQR 26 radio cassette player Rust-proofing 2
      183 words
  • Page 11 Miscellaneous
    • 1207 11 w sm mm PM SBC Text Sample Pages. Opening and Programme HigMights followed by The New Crosswits. The Africans A Triple Heritoge: A Garden Of Eden In Decay (See highlights). Coming Attractions. Home To Roost Open House. Rum pole Of The Bailey Rum pole And The Official Secret. Musical Interlude.
      1,207 words


  • Page 13 Advertisements
    • 734 13 c -J, =fl £4 A ar A r TECHNIQUES D<MNT-G4RDE In the super-charged world of competitive sport where a fraction of a second can mean victory or defeat, professionals rely on Heuer the specialists in high-precision watches that are styled exclusively for the men and women who relish spending their
      734 words

  • SPORTS & LEISURE
    • 773 14 AP A SOVIET tennis comeback, inspired by next year's Olympics and the new spirit of "glasnost is gaining momentum with notable performances on court and a financial revolution off it. Not since the heady days of Alex Metreveli and Olga Morozova in the mid-1970s
      AP  -  773 words
    • 644 15 Reuter THEY COULD NOT be more different the tall, lean-muscled, blond Greg Norman of Australia and the diminutive, stocky and dark-haired Welshman lan Woosnam. Yet what Norman did to dominate the world of golf in 1986, Woosnam virtually duplicated in a magnificent 1987 season capped when
      Reuter  -  644 words
    • 291 15 AFP JIMMY WHITE moved into the quarter-finals of the £350.000 United Kingdom Snooker Open in Preston on Tuesday making breaks of 71, 72 and 68 to turn a 4-3 deficit into a 9-5 victory over the emerging David Roe. But afterwards the 25-year-old
      AFP  -  291 words
    • 232 15 AP TO NEW YORK Mayor Edward Koch, it s simple. If heavyweight boxer Michael Spinks wants a shot at title-hold-er Mike Tyson, all he has to do is throw down the gauntlet. "You mean you don't just take a gauntlet and slap him on
      AP  -  232 words
    • 534 15  -  Jranklif. speaking.... by WALTON MORAIS THE SUGGESTIONS and responses have been coming fast and furious now. Should Singapore attempt to stage a Formula One Grand Prix for motor cars, without any prior experience? After an initial series of positive comments from the Singapore
      534 words
    • 407 15 AP MARATHON RUNNING puts severe stress on the heart, but does not hurt athletes whose hearts are healthy. A study by the University of Ottawa Heart Institute at the 1987 National Capital Marathon found that all participants were back to normal the following day and
      AP  -  407 words
    • 129 15 Reuter AUSTRALIAN OPEN champion Stefan Edberg of Sweden will face Wimbledon champion Pat Cash of Australia in ne*t Wednesday's opening match oC the US$5OO,OOO Masters Tennis" Tournament in New York. Defending champion I yap Lendl is scheduled to play ms first match on on Dec
      Reuter  -  129 words
    • 1060 15 NYT ON A Wednesday night this month, at the Larry Holmes Commodore Inn on Route 22 in Phillipsburg, New Jersey, friends and relatives of the proprietor gathered in a ballroom there to throw him a surprise birthday party. Holmes, who turned 38, had come
      NYT  -  1,060 words
  • Page 14 Advertisements
    • 910 14 v m T > Baron s Table Sunday Brunch you llloveit.' Give mum a break this Sunday and bring the family in for our taste-tempting Brunch. You can relish our enormous spread of wholesome fare at only $25.50 per adult and $15.00 per t child (under 12) every Sunday from
      910 words
    • 274 14 'McmemltcrUianlisqivituj jZemcmber the Mandarin Singapore—i V fifi I II I cheer and fftiher to the feasts thanks unto the harvest's Lord i—l1 —i who sends our daily bread. The Firs Thanksgrvtttg Day Alter William Brotberton Thursday, 26 November 1987 Traditional Thanksgiving fare at The Stables. Set lunch: $24 per person
      274 words

  • Page 15 Advertisements
    • 571 15 wmbhNl ir. 'O 31 übcrtust d>rill &*>>■ M No more beefing about the price of U.S. Prime Sirloin Steak... ...at $22.50, can anyone? Our ainner 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.
      571 words

  • MONEY AND EXCHANGES
    • 1312 16 SINGAPORE: The US dollar ended lower against major currencies yesterday mainly on late selling by European operators. after a day of thin trading. Dealers said most operators were unwilling to take large positions due to uncertainty over the dollar's neater m direction, the US Thanksgiving holiday today month-end factors. The
      1,312 words
    • 591 16 DECEMBER Eurodollar opened 9 ticks lower yesterday at 92.41 due to disappointment over the US budget deficit cutting pact and inflation concern over strong gains in the Commodity Research Bureau index and the stock market. Short-covering in the US T-bonds in Chicago night trading session saw the December Eurodollar
      591 words
    • 336 16 NYT THE MANAGERS of E F Hutton's government securities division are contemplating trying to buy their operation from Hutton, according to professionals close to the firm. The division is led by Mark F Kessenich Jr. the former head of Citicorp's North
      NYT  -  336 words
    • 268 16 Asian market ASIAN DOLLAR deposit rates yesterday closed little changed from opening levels, with trading quiet the whole day on a general lack of interest. Dealers said activity was subdued because of the US Thanksgiving holiday today and month-end factors. Period rates were steady to slightly firmer at the outset
      268 words
    • 122 16 Gold future* on Nov 24 100 troy ounces USS per troy 01 mca Op*" Lear Mia Nv* 474.90 -0J0 Ok 475.80 478.20 473-40 475.40 -0.60 Jon 478J0 -060 Fab M 4# 2.40 484.30 479JO 481.40 ■070 488.50 490.20 485.30 4C7.10 ■OJO Jam 494.00 495-50 491.30 492.90 -0-70
      122 words
    • 1112 16 INTEREST RATES OPTIONS Wednesday, Nfc »ven>ber 25, 1987 EURODOLLAR (SIME: Dm 97 calto Dec «7 puts High Low Se« High Low Se« 8950 295A 292 CAS 9000 245A 242 CAS 9050 195A 192 CAS 9100 145A 142 CAS 9125 I20A 117 CAS 9150 93A 92 1 9175 70A 68
      1,112 words
  • Page 16 Advertisements
    • 254 16 There's no better time than now to send your loved ones overseas, Christmas wishes arid The Straits Times Weekly Overseas Edition. Because when you send them a year s subscription now they'll receive an additional 4 weeks, tree. Once a week.The Straits Times Weekly Overseas Edition will be air-mailed to
      254 words

  • BANKING AND FINANCE
    • 220 17  -  By LEONG WEN WAH FIFTEEN THOUSAND SETS Of the 1987 Sterling Silver Proof coins (above) will go on sale from Nov 30 at $75 a set. The uniqueness of these proof sets, whose coins have never been put in circulation, lies in the new $1
      220 words
    • 315 17 Reuter THE PHILIPPINES intends to reopen talks with its creditor banks to review debt restructuring terms granted under a recent agreement, Finance Secretarydesignate Vicente Jayme has said. He told a meeting of financial executives on Tuesday that Manila intended to sign a July accord
      Reuter  -  315 words
    • 525 17 Reuter THE PHILIPPINES has moved to defend its foreign exchange reserves by curbing US dollar trading between banks, easing bank deposit ruies for overseas workers and cutting purchases of debt paper with foreign exchange. The new rules were announced as the peso stumbled to a
      Reuter  -  525 words
    • 86 17 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****A 25.2.88 3.59 3.54 3.65 3.59 6 months BS*****S 21.4.88 2.89 2.84 3.22 2.87 1 year BY*****T 24.11.88 3.60 3.55 3.73 3.56 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      86 words
    • 186 17 Indicates tha av*rag« of tha prim* tending rat** of 12 ma)or banka In S'por* Interbank market rates (offer/bid) on Nov 25 us$ DM SWFC Y«o 7 dor* 6 7/8 J/4 9 1/8 9 3 1/2 3/8 1/8 5 4 1/2 4 3/8 1 n* 6 13/16 13/16
      186 words
    • 183 17 Reuter MIDLAND BANK PLC said it had joined forces with Compower, British Coal's computer bureau, to provide an electronic payments service for retailers. Under the agreement, Midland said it would offer retailers a series of payment facilities, to be known collectively as Midland Transact, which
      Reuter  -  183 words
    • 65 17 THE overnight rate on the Singapore interbank market fell one point to close at 234 per cent yesterday. The one-month rate fell 1/16 while the two- and three-month rates were unchanged. S$ Interbank rates at 7pm yesterday: o«w WO night 13/4 3 1/3 1 -month 3 IJ/16 3
      65 words
    • 342 17 Reuter FEAR of a devaluation of the Turkish lira and caution about Sunday's general election have made foreign exchange scarce and expensive in Turkey, dealers say. The Central Bank rate was about 962 lire to the US dollar on Monday, but free market
      Reuter  -  342 words
    • 865 17 Reuter REDUCTIONS in European money market rates will not trigger cuts in interest rates in the US while the Federal Reserve waits for evidence on the US economy after the October stock market crash, economists have said. The Fed is expected to
      Reuter  -  865 words
    • 580 17 Reuter A BID by Banco de Bilbao, Spain's third biggest bank, to buy its larger rival. Banco Espanol de Credito. looks set to succeed and could trigger a flurry of mergers among Spain's top banks. Bankers and share analysts said that, although Espanol de Credito
      Reuter  -  580 words
    • 237 17 Reuter HONGKONG DOES NOT plan to stop pegging its currency at the level of 7.8 per US dollar, according to Governor Oavid Wilson. He said on Wednesday the peg would stay despite US calls for Asian exporters. including Hongkong, to raise the value
      Reuter  -  237 words
    • 114 17 AFP THE BANGLADESHI taka has been devalued by 20 poitfßt against the US dollar, taking the dollar exchange rate from 31.00 to 31.20 taka, according to the central bank. A central bank spokesnyjn gave no reason for the change, but banking sources said the devaluation was aimed
      AFP  -  114 words
  • Page 17 Advertisements
    • 243 17 Rabobank. business with the Netherlands Rabobank Nederland, with offices in Singapore, Hong Kong and Jakarta, provides a personal service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated v, Dutch cooperative banking 2" institution with total assets of Ik U.S. 65 billion. It ranks among the largest
      243 words

  • STOCK EXCHANGE OF SINGAPORE
    • 4247 18 THE SINGAPORE stockmarket yesterday staged a mild rally in line with higher Tokyo and Hongkong share prices. Buoyed by news of the interest rate cuts by West Germany, France and the Netherlands, share prices rose on selective bargainhunting. At the close, the Straits Times
      4,247 words
    • 269 18 SINGAPORE Indices No* 24 Rises No. 25 JU>1 Mldg, 50< 160 30 •T Coap«IM 722.52 ***** FiN 720 15 ITOt/OS •1 116 PAairo HWQI 580 15 IT CADI -6932 -6919 S 1 A 920 10 •T 10-do; M> k -6661 -6649 SPH 695 10 •T06V *****36 ♦******9
      269 words
    • 3224 18 BID and offer prices officially listed and Nisi nets in and reported to the Stock Exchange at Singapore yesterday with the number of share* traded shown In brackets in lots of 1,000 units unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Aemo H UB I 16
      3,224 words
    • 197 18 LINGUI DEVELOPMENTS Berhad: 19th AGM at Ballroom Prince 1, Prince Hotel. Jalan Imbi, Kuala Lumpur, today. Nov 26. at noon. ROTHMANS INDUSTRIES Limited: 8th AGM at Virginia. Park 905 Bukit Timah Road. Singapore 2158. today. Nov 26. at noon. PROMET Berhad: 28th AGM at Ante-room, Lower Lobby, Kuala
      197 words
  • Page 18 Advertisements

  • COMPANY NEWS
    • 530 19  -  Purchaser seeks to repudiate contract By LISA LEE THE RECENT $27 million sale of Keppel House has hit a snag. The deal is likely to be stalled as both buyer and seller are caught in a legal wrangle over the purchase contract.
      530 words
    • 346 19 TWO LISTED Malaysian plantation companies have turned in significantly higher profits reflecting the recovery in commodity prices from last year's low levels. Harrison Malaysian Plantations Bhd raked in $36.1 million in net attributable profit for the six months ended Sep3o, 1987, a 73 per
      346 words
    • 518 19 MBT ANTAH HOLDINGS expects its financial services sector to show the fastest growth within the group. Chairman Tunku Naquiyuddin ibni Tuanku Ja'afar said all the companies in the financial services sector would show better prospects in the current year. He said the group's
      MBT  -  518 words
    • 234 19 JC-MPH's book closure dates JACK CHIA-MPH Ltd said its register and transfer books of loan stockholders will be closed from Dec 22 to 31 for the purpose of determining persons entitled to the payment of interests on its $40m 9pc unsecured loan stock 1983/1988 GTS now has 51.16pc
      234 words
    • TAKING STOCK...
      • 590 19 HOCK LOCK SIEW WHEN Indonesian-Chinese businessman Hendra Rahardja first arrived in Singapore in 1981, one of his ambitions was to take over the Oversea-Chi-nese Banking Corporation. Another was to be the biggest hotel owner in Singapore. He had to give up his dream of owning OCBC
        HOCK LOCK SIEW  -  590 words
      • 177 19 THOSE WHO HAVE been thumbing through the Securities Industry Act ever since Bonvests revealed that its subsidiary may not have been acting legally in sub-underwriting rights issues in Hongkong can stop searching. Though not crystal clear in the Act which was drafted and pushed through
        177 words
  • Page 19 Advertisements
    • 474 19 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 SOONEST TRADING COMPANY PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of Soonest Trading Company Pte. Ltd. duly convened and held at 545 Orchard Road #12-03, Far East Shopping Centre, Singapore
      474 words
    • 350 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHOLOMONDELY COMMERCIAL EQUITABLE ESTATES (SINGAPORE) PRIVATE LIMITED (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the member of CHOLOMONDELY COMMERCIAL EQUITABLE ESTATES (SINGAPORE) PRIVATE LIMITED duly convene and held on 20th November 1987 at 10.00
      350 words
    • 219 19 I I*l J TRUST THE TOYO TRUST BANKING CO., LTD. (INCORPORATED IN JAPAN) BOARD OF DIRECTORS AUDITORS Deputy President*: Senior Dtr Managing Director*: Director A Advisor: Standing Auditor: Auditors: Senior Advisor*: Chigazo Morita Mitsuo Imose Yoshinobu Matsuda. Shou Mori. Koichi Ogino. Motoshi Isomura Hidetaka Wa tana be, Shoushu Teramoto, Koji
      219 words

  • REGIONAL MARKETS
    • 257 20 Reuter HONGKONG Stock Exchange chairman Ronald Li has called for a restoration of trust among exchange members, many of whom have been in dispute with qne another since the stock market slide last month. He said in the exchange's annual report that brokers
      Reuter  -  257 words
    • 122 20 Reuter CAVENDISH International Holdings Ltd has raised its stake in Hongkong Electric Holdings Ltd to 35.02 per cent from 34.93 per cent. The Hongkong Takeovers Committee said yesterday Cavendish bought 1.65 million HK Electric shares on Monday at prices ranging from
      Reuter  -  122 words
    • 2889 20 THE KUALA LUMPUR stock market finished mixed to steadier yesterday on late bargain-hunting and shortcovering with marginal gains scattered across the board in quiet trading. The weak buying support pushed the New Straits Times Industrial Index up 1.25 points to 1,373.65. A broker
      2,889 words
  • Page 20 Advertisements
    • 1322 20 BANCA NAZIONALE DEL LAVORO 3ML BANCA NAZIONALE DEL LAVORO (ESTABLISHED IN ITALY WITH LIMITED LIABILITY HEAD OFFICE IN ROME) HEAD OFFICE ADDRESS: VIA VENETO 119, ***** ROMA, ITALY. BALANCE SHEET AS AT 31ST DECEMBER 1986 ASSETS LIABILITIES AND OWN FUNDS Cash and due from Bank of Italy Securities owned: Treasury
      1,322 words
    • 9 20 Managers must manage. BT shows you how every Monday.
      9 words

  • WORLD MARKETS
    • 1062 21 New York Reuter INTEREST rate cuts in three European countries inspired a powerful rally on Wall Street yesterday and left investors feeling that Friday s US budget-cutting agreement could lead to an atmosphere of greater international cooperation. analysts said. The Dow Jones industrial Average, which
      Reuter  -  1,062 words
    • 858 21 London PRICES ON the London Stock Exchange opened broadly lower yesterday, reflecting technical weakness and concerns about the global economy. The Financial Times-Stock Exchange 100-share index was down 16.1 points at 1673. Some participants viewed Tuesday's round of interest rate cuts led by West Germany as
      858 words
    • 1207 21 Selected indices HONGKONG Hongkong Index Wednesday *****7 Tuesday *****6 Week ogo 2285 15 All Industrials Wednesday Tuesday Week ogo NEW YORK 1909 6 1951 1 ***** Hang Seng Index Wednesday 2184 41 Tuesday *****4 Week ogo *****5 Dow Jones Tuesday Monday Week ago *****3 1923 06 1922 50 TOKYO Nikkei
      1,207 words
    • 81 21 Reuter A MERGER between stockbrokers James Capel and Co and Greenwell Montagu is not imminent, but would be logical in due course, broking and banking sources in London said. Merger speculation dates from earlier this month, when Hongkong and Shanghai Banking Corp agreed to take
      Reuter  -  81 words
    • 1443 21 Hongkong SHARE PRICES in Hongkong closed firmer yesterday as improved sentiment overseas spilled into the local market. The Hang Seng Index ended the day 48.57 points higher at 2,184.41 and the broader based Hongkong Index rose 33.31 points to 1,433.57. Turnover was a sluggish HK5836.4 million although
      1,443 words
    • 132 21 MOV 2fl WON *1ann -»200 Oae4im Irtd Daewoo Corp Daewoo Heavy OtitMn Securities Dong Ah Ptiar Dong Sub Stock Dong bo Steel ***** •060 ***** ***** ***** ***** ***** -200 -I-ISO •100 -900 200 -600 350 He nil Bank 9600 ***** 50 Henkuk Glee* Hanyang Chemical Hyundai Conet Hyundai
      132 words
    • 177 21 Reuter SCANDINAVIAN AIRLINES (SAS) says it is too soon to announce terms for any possible bid it may make for the British Caledonian Group. SAS said its interest in BCal reflects a strategy "to create a constellation of mid-size European companies which will create effective
      Reuter  -  177 words
    • 266 21 Monog*n' pricos for Nov 26 Singapore Unit Trust Tho Comiira 088 0*5 THa Sovmgi Fund 077 083 S por« frog Fund 01S 040 S'por* S«C Fund 040 044 S por» tnvao Fund 0 64 06* S'por* Equity Fund 043 048 Asia Unit Trust Mai Imm Fund \X 133
      266 words
    • 106 21 Reuter RTZ CORP PLC is making a 550p per share cash offer for MK Electric Group Pic, valuing the company at £206.5 million. RTZ said MK Electric would be a logical extension of the business of its subsidiary RTZ Pillar Ltd as both are
      Reuter  -  106 words
    • 441 21 Reuter JAPANESE SHARES rallied broadly in thin trade yesterday after interest rate cuts by three European nations and rises in Wall Street and London stock prices on Tuesday. "What Japan wants to see is Wall Street getting back on its feet," one broker said. The 225-share index rose 363.67
      Reuter  -  441 words
    • 417 21 A SERIES of positive signals from abroad overnight pushed Australian share prices higher throughout the session to a sharply higher close yesterday. A 40-point jump in the Dow Jones Industrial Average and a rise of more than 30 points in London's FTSE 100 index after interest rate cuts in
      417 words
    • 157 21 Reuter THE SECURITIES Exchange of Thailand Index rose 8.24 points to 304.21 on a turnover of 5,473,838 shares worth 520.68 million baht. Reuter MOV a BAHT Ao Kham Thai 173 uoch Ayudhya Invaatmai 312 2 Bangkok Aground 76 ■♦•3.5 Bangkok Bank Bank Ol Ayudhya 329 344 •♦•4 12 Charoong
      Reuter  -  157 words
    • 91 21 mov n i tlM Aco)« Mining PhH Ap*« Mining B AtlatCon B Baguio Gold Basic P*tro««u<n 0 047 ....23 0 014 0 002 -IS uncti B«ngu«t Con B unch Fir*t PN» HWg» 170 -0 3 Lapanto B 0 93 unch M»rcopp»f „120 +0« SSSS?iZZ:Z'.'. 0 0880 -0 005 Phil
      91 words
    • 286 21 NOV 33 NT fAll Sinc*ra Indus 325 009 Asia Camani 79 90 2 Cathay Cona 77 50 2 Chang Hwa Bank Chang Loong 206 00 6 G00 15 Chia Ham Camant 54 00 1.5 Chin Main Flour 21 eo ♦0.6 China Cham 30 30 ♦06 China Dav 72 00
      286 words

  • 585 22  -  By BOEY KIT YIN DOMESTIC EXPORTS rose sharply in October, giving the first indication that economic performance during the fourth quarter will be good. Latest official trade figures showed that domestic exports in October expanded 28.5 per cent from a year ago,
    585 words
  • 387 22  -  By CHUANG PECK MING SINGAPORE'S steady handling of the recent stock market crash has strengthened its bid to be the dominant Asian financial centfe, while Hongkong, which panicked by shutting down its exchange, has suffered in its reputation. Fortune magazine says in
    387 words
  • 319 22 AFP US SECRETARY OF STATE George Shultz yesterday briefed representatives from the 15member North Atlantic Treaty Organisation on the agreement reached with the Soviets for eliminating medium- and short-range nuclear missiles. A Nato spokesman in Brussels said the meeting of the North Atlantic
    AFP  -  319 words
  • 324 22 AFP LEFTIST insurgents are shopping for anti-aircraft and other sophisticated weapons and building up their forces as they prepare eventually to fight US troops in the Philippines, the official Communist Party monthly says. "Direct US intervention limited or full-scale as a
    AFP  -  324 words
  • 268 22 AFP ITALY was paralysed yesterday by its first general strike in seven years as millions of trade unionists protested against the government's economic policies. The country's three main unions have called on some 20 million workers to strike. The centres of about 50 major towns
    AFP  -  268 words
  • 497 22 AP ONE-THIRD of Sino-foreign joint ventures are having financial problems, although the overall investment climate is much improved, a government economic official in Beijing said yesterday. Zhu Rongji, Vice-Minister of the State Economic Commission, said about a third of the 4,000 joint
    AP  -  497 words
  • 249 22 AFP SOUTH KOREAN Finance Minister Sagong II yesterday urged the country's industrialists to set up "self-rescue measures" to cope with a further revaluation of the Korean won against the US dollar. He told 350 industrialists at the Federation of Korean Industries
    AFP  -  249 words
  • 97 22 AFP THE WORLD ECONOMY, excluding the Soviet Union and Eastern Europe, will grow by 2.2 per cent in real terms in 1968, down from an estimated 2.7 per cent in 1987, the Bank of Tokyo said yesterday. US economic growth will slow to 1.5 per cent
    AFP  -  97 words
  • 148 22 AFP SOVIET Prime Minister Nikolai Ryzhkov left Delhi for Moscow yesterday after a six-day visit during which he announced a US$BB4 million credit to India. On Tuesday, India and the Soviet Union signed a protocol raising bilateral trade to a record US$4.2 billion
    AFP  -  148 words
  • 352 22 Reuter WEST GERMANY will soon decide measures to strengthen the economy which go beyond those in last February's Louvre Accord, Finance Minister Gerhard Stoltenberg says. According to a speech prepared for delivery to parliament. Mr Stoltenberg ruled out bringing forward tax cuts planned
    Reuter  -  352 words
  • 114 22 AFP INDIA and West Germany have identified new areas of cooperation in computer technology, mining equipment and power generation. North-Rhine Westphalia Min-ister-President Johannes Rau said in New Delhi on Tuesday that a West German company, Nixdorf, was to sign a memorandum of understanding with an
    AFP  -  114 words
  • LATE FILE
    • 67 22 Bernama MALAYSIA is to seek clarification from the Philippine government soon over a report that Manila will press for a distribution of US military bases in other Asean countries. Deputy Foreign Minister Toh Muda Dr Abdullah Fadzil Che Wan said yesterday the report was
      Bernama  -  67 words
    • 57 22 Bernama TV MALAYSIA has stopped showing soya-bean oil advertisements, in line with "current developments". Information Minister Datuk Mohamad Rahmat told Parliament yesterday. Opposition MP Lee Lam Thye had claimed that the advertisements were against national interests, in view of the antipalm oil campaign
      Bernama  -  57 words
    • 56 22 AFP THAILAND'S Cabinet has decided to reduce import duties on a wide range of goods to discourage smuggling and stimulate domestic industry, a Finance Ministry official said. Heavily taxed goods to be on the reduction list include electrical and electronic appliances, solar-cell components, sporting and equipment
      AFP  -  56 words
    • 58 22 Reuter THE PHILIPPINE real gross national product grew by 5.5 per cent in the nine months ended September compared with last year's level, a spokesman for the National Economic and Development Authority said. The economy grew by 0.8 per cent from January to September 1966 and by
      Reuter  -  58 words
    • 36 22 AP EUROPEAN COMMUNITY foreign ministers have agreed to drop their threat to raise tariffs on Japanese electronic products in exchange for better market access in Japan for Spanish and Portuguese exports. AP
      AP  -  36 words
    • 56 22 Reuter BRITAIN and Hongkong have failed to reach agreement during a third round of talks on sharing the colony's defence costs. "We're not in any hurry. We have no reason to suppose that things are not running along smoothly and according to plan,"
      Reuter  -  56 words
    • 42 22 Reuter PAKISTAN has signed a US$l2O million five-year loan with a group of 19 internetional banks, coordinator Chemical Asia Ltd sakJ. The five-year loan was originally set at US$lOO million but was increased due to strong demand. Reuter
      Reuter  -  42 words
  • Page 22 Advertisements
    • 50 22 Tongßee Finance Co Ltd FIXED DEPOSIT 3 mths 4.00% p.a. 6 mths 4.00% pi 9 mths 4.25% p.a. 12 mths 4.50% p.i. j Hire Purchase Industrial and Commercial Machinery Construction Equipment Properties Share Loans 116 Middle Road #03-01 0 ICB Enterprise House Singapore 0718 z Tel: *****81, *****04, *****87 5
      50 words
    • 8 22 HK governor refutes 'lame duck' criticism, Page 4
      8 words
    • 31 22 Tho Comox report was not available at praaa tima. MOVADO The Museum Watch. a*. j£. Mi f'M.. B <Wttidiesof3un£eruuuf mßm #01 16 ScottsSfKWig Centre Singapore 0922 Tel 737 3708/235 8543 -ITSTtMu.
      31 words

  • SHIPPING TIMES
    • 503 23  -  By LINDA CHEE KOREA Shipping Corporation (KSC) and Cho Yang Line have decided to leave the Ace consortium when their eight-year old agreement expires at the end of 1988. It is understood that unless their terms for a bigger allocation
      503 words
    • 115 23  -  From Kingsley Wood INDUSTRIAL unrest at Newcastle grain terminal last year cost Asl million and delayed ships at the berth at an average of 4.8 days or almost twice the normal time, according to an independent study prepared for the Grain Handling Royal
      115 words
    • 268 23 Reuter A SPONTANEOUS strike by 125 workers hit Amsterdam port's general cargo sector on Tuesday as talks continued between unions, employers and an independent mediator on pay and work practices, a union spokesman said. The mediation talks began on Saturday and
      Reuter  -  268 words
    • PORT SIDES
      • 113 23 JARDINE MATHESON Co, Taiwan, has appointed Chang Tai Chou as a chartering broker. Mr Chang will be responsible for developing better links with Taiwanese shipowners and for servicing the growing number of consignees. His appointment is in line with Jardine Taipei's plans to expand charter broking
        113 words
      • 82 23 Reuter DANISH shipping company Maersk Line has placed a US$75 million order for 20,000 containers with an unnamed South Korean supplier, a company spokesman said. Maersk, a subsidiary of A P Moeller, says it is the world's third largest container transporter with a current total of
        Reuter  -  82 words
      • 35 23 Reuter THE INGALLS Shipbuilding Inc division of Litton Industries has received a U*****.7 million contract for work on LHD ship technical manuals and long lead-time material, the US Navy said. Reuter
        Reuter  -  35 words
    • 1127 24 Lloyd's Maritime Asia FOR MOST LEASING companies and carriers, specialised containers have provided an area of steady and unspectacular demand. As the name implies, the specials (latracks, halfheights, open tops, open sides, and ventilated boxes are kept in the inventory of dry cargo
      Lloyd's Maritime Asia  -  1,127 words
    • 759 24 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 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III
      759 words
    • 1265 24 RATHER quiet and featureless chartering is reported in most sectors of the freight market on Tuesday with no further reports of Soviet timecharter business although enquiry still persists, shipbrokers said. Grain shippers paid US$9.9O from the US Gulf to east cpast Mexico and details emerged of chartering from
      1,265 words
    • 378 25 AS PART of a wide-ranging reform package, the Australian federal government is to amend the Trade Practices Act to encourage more competition in Australian international shipping. It ends four years of intensive review and industry consultation and. according to Transport Minister Senator
      378 words
    • 237 25 Reuter IRAN'S Navy released a Greek freighter detained for cargo checks for three days, Tehran Radio said. Iran said four US helicopters and two warships tried to interfere when Iranian seamen boarded the Jimilta in northern Gulf waters on Saturday to search for
      Reuter  -  237 words
    • 90 25 Reuter WEST GERMAN shipping and tourism group Hapag-Lloyd plans to spend around one billion marks on a programme to renew its aircraft fleet by 1991, management board chairman Hans Jakob Kruse said. Mr Kruse also said Hapag-Lloyd expected an improvement in 1987 profits. Group group
      Reuter  -  90 words
    • 202 25 ALL SURVEYS were conducted on Nov 9 Australia Brisbane, Sydney and Melbourne Normal operation. Bangladesh Chittagong 25 vessels operating. Brazil Santos Waiting time of up to two days. Cameroon Douala Normal operation. Chile Valparaiso Normal operation. China Dalian, Huangpu and Qingdao Normal operation. Colombia Barranquilla Normal operation. Cyprus
      202 words
    • 201 25 WARTSILA DIESEL'S Vasa 46 engine has been selected for the propulsion of a new ro-ro vessel ordered by the German Schiffsgesellschaft M/S Odin KG from the J J Sietas Shipyard in Hamburg. The vessel is a 6.300 dwt multipurpose ro-ro
      201 words
    • 9280 30 aaaaaoiLß 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 Singapore.
      9,280 words
    • 126 31 Area/Port Viscosity Density Wstsr CST st 50C G/ML st 15C Volums 0/0 Africa/Red Sea Jeddah 165/182 0.953/0.955 0.1/0.3 Durban 108/171 0.983/0.992 0.0/0.4 Arabian Gulf Ras Tanura 117/161 0.944/0.949 0.0/0.1 Bahrain 167/188 0.975/0.976 0.1/0.1 Europe Rotterdam 31/465 0.937/0.996 0.0/0.6 Hamburg 108/378 0.964/0.990 0.0/0.2 Le Havre 312/313 0.972/0.979
      126 words
    • 1340 31 AT CONVENTIONAL WHARVES MARINA WHARVES Fadi M4B olongvd* *****600 Veeeel Berth Arrival Departure Gorudo Joyo Hong Eng M2B M4A olongvd* otongnd* 2611/2300 2611/1200 KEPPEL WHARVES Milro Joyo M4B olongtid* 26 U0500 Adko Pa toe Anshonr April Glory Arrow Princ» K20 IC19 KV KIS olongud* olongtrd* olongud* olongvd*
      1,340 words
  • Page 23 Advertisements
    • 626 23 TIMES STP Distributors Tmws PuMa/Mne Croup NGAf« BE 'tOK i»W o sm 'V'Xi Immm Jardines I TJlsTii a*i 3 SORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORLD EXPORT omental fortune HEFTUNE JAM ORIENTAL FAIR RAJNBON BRIDGE neptuwe garnet ORIENTAL FREEDOM NORTH AMERICA CALIFORNIA PNW *FST CANADA OMENTAL ram* NEPTUNE JAM ORIENTAL
      626 words
    • 68 23 jMjre FOR MOST LEASING companies and carriers, specialised containers have provided an area of steady and unspectacular demand. Page II AS PART of a wide-ranging reform package, the Australian federal government is to amend the Trade Practices Act to encourage more competition in Australian international shipping. Page 111 Index to
      68 words
    • 536 23 Awla6>« »t »H Good Booktttops Published by CwnbfMjc University Pre*«. UK r dM STP Distributors MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DATS Tha week LAUST M Closing Time CY— 2/12 2300 MRS CFS 2/12 1300 HRS LAUST M «714 ANOERS M >716 AXEL M 8802 M TOKYO 8802
      536 words

  • Page 24 Advertisements
    • 545 24 .#27 COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT i accepting cargo to all U.K. destinations, Scandinavian (Aarhus. Copenhagen. Gothenburg) and otbor European Inland points 4 West African Ports EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17
      545 words
    • 17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 492 24 CHA RGEURS RE UN IS m DIRECT SEMI CONTAINERISED SERVICE TO WEST AFRICA S POKE LA REUNION P NOIRE P GENTIL/lIBREVILLE DOUALA COTONOU LOME ABIDJAN DAKAR RAINBOW AVE 5/12 25/12 *01 Ml CR DOUALA UM MM Ml Ml 7/01 IMI 12*1 14/01 U/U ALSO ACCEPT CAMOO TO MAURITIUS. LUANDA. BANGUI
      492 words

  • Page 25 Advertisements
    • 1142 25 The Straits Steamship Group t STRAITS SHIPPING Singapore to Saboh, Sarawak, Brunei Ports and Bangkok J r v jZ-\ Mansfield Container Shipping Re Ltd F&OCLfryi p&o Containers Limited CONTAINERS!* SERVICE TO UK/CONTINENT: LAJICS MY HONG KOHG tXPKESS CAADIGAN lAY K HA VON TOLAGA lAT tou 10 antss KOM.OON lAY FRANKrURT
      1,142 words
    • 445 25 EUROPE Iff 7M 112.12 SENATOR LINK USA PANAMA EF Til MI2 211! 11.12 NJI 13.11 11.11 EF 717 11.12 I2JI I4JI 22J1 27J1 MJI EF Ml KJI 2111 21.11 MJ2 IU2 IU2 in Ml r'inriii I'IM mm a TO USA/CANADA WEEKLY FULL CONTAINER SERVICE FEEDER NUPTSE VM P. MADISON VI4O
      445 words

  • Page 26 Advertisements
    • 310 26 B5 COIMTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Lloyd CONV/SEM! CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO ME[> EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT 1/12 3/12 7/12 1/12 14/12 16/12 20/12 22/12 25/12 27/12 J/1 S/l VI 11/1 15/1 17/1 21/1 23/1 24/1 2VI TTO KB 3/2 5/2 5/2 7/2 TYO
      310 words
    • 397 26 lei: FULLY CONTAINERISED SERVICE CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S'PORE LOADING FOR CRYSTAL REED 10/12 DUBAI, DAMM GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M Unet) FAX NO: *****69 SUB-AGENTS: KUALA LUMPUR TEL: *****66/ PENANQ TEL: 6116 M SIN HUA 2/12 3/12 HONGKONG. HUANCPU, XINGANG SIN
      397 words
    • 249 26 Va FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: SAILING 29/11 4/12 EURO-AFRICA LINE FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA. MELILLA, TANGER. TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER ISTANBUL U.S.A. PAPUA NEW GUINEA PORT MORESBY, RABUAL, LAE KIETA, MADANG KIMBE NOUMEA 27/12 SUVA/LAUTOKA 31/12 NEW
      249 words
    • 1062 26 0 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KLC PUS OS* TYO KSN CMS EVE* GENIUS l«n a/12 20 EVE* GREET UU VU W W in m EVE* LINKINC HU 13/12 15/12 12/12 nn isn EVE* GLOBE 17/12 21/12 23/12 25/12 i«r EVE* GENTLE 23/12 2702
      1,062 words

  • Page 27 Advertisements
    • 861 27 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT QOWA KOTA EAGLE VOY 8M JKT sby VOY SIN poo hkg kao kee mtc yok ngo kob bus 13S8 SU) SLO SLO 14MB MPT OMIT JO/11 OmH OmM 5/12 7/12
      861 words
    • 502 27 \a BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI ANO SOUTH PACIFIC ISLANDS JEBSEN SOUTHLAND VOY 2QS SIN NOUMEA AKL TA 7/12 27/12 3/1 6/1 SIN NOUMEA AKL T6A NAP TIM TIM/LY TIM/ON BLUFF 3/i. an 29/1 2/2 m w 1/2 w iw ACCEPT
      502 words
    • 603 27 DJASAGETRI A Joint Europe Service Of: F.T. DJAKARTA LLOYD f.J. GESURI LLOYB p.t. imnm mmm f.t. trikoaa lloyd EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE VCSStUVOT s. pamjancotws SRIWIJAYA Z2WR ocean prmaawr u ooNTAwaim ANTWERP A OAM/* DAM H auR&NOKN £1 vH *a w m mo tub)»c« to InAicomont Also
      603 words
    • 302 27 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORMRATHN (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok PA AN VMM Ml) Ok PAGAN VI2IW M OK PAGAN VI22W 24/2 C Ok BANK LINE M EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HMBC PRO-ATLANTICA VIN 12/12 12/1 20/1
      302 words

  • Page 28 Advertisements
    • 1261 28 **"K"LinE □HIPPtnG-DflTfl ATLAfmC COAST (Round-The-World Service) •PK/PNC SPORE LB i ORIENTAL FORTUNE VS Sid 26 Nov 19 Dec NEPTUNE JADE VlO 28 Nov 3 Doc 26 Dm •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL ORIENTAL FORTUNE V 6 SM 26 Nov G.W. BRIDGE VII NEPTUNE JADE VlO
      1,261 words
    • 733 28 '/66 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers f Timltai S port 11Mb From SyOn Ato Acm "CHANDIDAS" V 29 21 Dk S Jar 14 Jan 12 Jan Adoißris RAVIDAS- 21 la« J Fob 14 F* 12 Fob AM, Bra INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers S O NACALAND
      733 words
    • 547 28 XJ! PT POtUSAHAAN PELAYARAN r KALIMANTAN x DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vessel ETA/TTD DESTINATION NIAGA XXII Voy 28/17 28/29 Nov Jakarta/Palembang NIAGA XXI Voy 23/87 2/3 Ok Jakarta/Palembang NIAGA XXXXII Voy 20/17 5/6 Dec Jakarta/Palembang i NIAGA XXII Voy 27/17 1/9 Doc Jakarta/Palembang NIAGA XXI Voy 24/17 11/12
      547 words
    • 501 28 □EX EAST FAR EAST Lil S/12. 11/ li W2. Z2JU 28/11. 4/12 PHIU OMfNT Lines PTC ITP MEAD OfFiCf 63 ROAD <o; 12 AFRO AS A BUHDINj S'NGAP&«£ CICS T{IE» RS ?87?0 PHIII FA* ??556'6 DUBAI DAMMAN KUWAIT. DONA. MUSCAT. BAHRAIN. ABU DHABI ft SHARJAH. JEOOAH. NOOEOAH. AOABA H. KONG
      501 words

  • Page 29 Advertisements
    • 978 29 II rvLuw*»ir ncrunL wn. onu. a \\NEPTUNE ORIENT LINES LTD r*. SSIK Sti FAR EAST/EUROPE HILLY CONTAINERISED SERVICE A member of th« ACE Consortium NEPTUNE AGENCIES PTE. LTD. FE EU/AUST TP A/SEA Terminal CFS BOOKINGS Z7BS7S3 *****42 *****22 *****53 *****1* *****16 *****11 *****41 NEPIINE SON. BHD. *****87 INWARO/OUTWARO NEPLINE SDN.
      978 words
    • 479 29 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG. BUSAN. INCHON MO JI container to be transhippad at Busan Korea CALLING INCHON DIRECTLY ON 17/12 S POM AWN IS MPIUNI Pit I ID .'/WUJ.VWI'I '.M .TlA' (Op.- if ton-) .V.'.'ta/ .'.DS.'sJ (lrmun.il) .'.ll.'nM (K S) MAIAYSIA
      479 words
    • 602 29 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 PINANC miS HANDLING SYSTEM CO SON MID No. 14 Jaten Cum*. Port Krtr* S*w MMvm
      602 words

  • Page 30 Advertisements
    • 235 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 i3O Lmes. FAX *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAD I VE.B DtUTFRACHT SEEREEDEREI RQSTQCK INTEGRATED FULL CONTAINER SERVICE ■VIA COLOMBO: Acca*Mi( earjo for INDIA Bombay. Cochin. Madras Calcutta "VIA LAMACA Acnpbnc carjo for Lattakia. Piraeus,
      235 words
  • Page 30 Miscellaneous
    • 188 30 Regional Weather r 4O 17 2i HT vL K* N w 4 'A jiN M tm 5 wZfhM aa a 5& LS 'A woes v* 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c Weather Wtnd direction with speed in knots Rom Wove height
      188 words

  • Page 31 Advertisements
    • 371 31 MPNCLINE MASKAPAI PELAYARAN NUSANTARA CONTAINER LINE WEEKLY FULL CONTAINER SERVICE BETWEEN S'PWE/ JAKARTA Vessel Voy Spore Jakarta MAUNG 03N/04S 28-29/11 1-2/12 MAUNG 05N/06S 4-5/12 7-812 MAUNG 07N/08S 11-12/12 14-15/12 MAUNG 07N/08S 11-12/12 AGENTS ANTARNUSA CONTAINER LINE PTE. LTD. 51 ANSON RD <<08-53 ANSON CENTRE S PORE 0207 TEL *****87 FAX
      371 words
    • 42 31 UNI-OCEAN LINES PTE. LTD 60 Cecil St #02-01, KPB Building S pore 0104 Tel: *****66 15 lines) Telex: RS ***** UNISHIP IH'T-if Tl.l3.Waiai]i ]i,rjh: Hi TT7MIM*T; CHITTAGONG CHALNA 26-6/12 18-22/12 23-25/12 S-M 10-12/1 23-Z7/1 21-30/1 00 TONS MAX. UFT 40 REEFER POINTS.
      42 words
    • 650 31 UN I PACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LIK£ •a" S'J'l «n* m St i» EAST BOUND SERVICE ETA S PORE LOADING FOR WEST BOUND SERVICE ETA S POKE LOAMNC FOR ■V BAGHDAD 30.11 MM. A*M. mi BASRAH 10A2 MM, AmM. THROUGH B/U to BAGHDAD UPON REQUEST ALSO ACCEPTING
      650 words

  • Page 32 Advertisements
    • 328 32 Jjf/Hai Sun Hup Co (Pte) Ltd TEi *****06 (20 Lines) TLX RS ***** RS ***** CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Berth P4-P5 MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK
      328 words
    • 472 32 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMKOWTAfCR SERVICE TO NORTHBOUND TO UKC PRO ATLANTIC* VIN TAUSALA SAMOA VIIN MORAYBANK VIN CLYDEBANK V22N Calling Leixoes 'Alio Accaptinf FCI to Antw* RDM/A'DAM HBG HULL (U.K.) 12/1 IC/1 20/1 18/1 Zl/1 2S/1 6,2 10 14 2 17/2 21/2 25/2 F1
      472 words
    • 283 32 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETC S PORE ETA KEELUNG CON-CARRIERS 237*7 2/12 1/12 CON-CARRIERS 23/17 7/12 14/12 CON-CARRIERS 24/17 IC/12 22/12 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE ETA SYO ETA Kit CON-CARRIERS 2W7 27/U 11/12 ZJ/U CON-CARRIERS 27/17 13/12 4/1 C/l Alto accepting
      283 words
    • 643 32 ml WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE HTM* VSL SURIA StLANOIA TOY AHA I Ft MAI OTHER DESTINATIONS AARHUS AMSTERDAM. ANTWERP. BASLE. BREMEN BREMERMAVEN. COPENHAGEN. HELSINKI. MAIMO. OSLO. STOCKHOLM. UK. FROM EUROPE r.lndWP" GOTHENBURG FUSAN KOBE LOADING FROM: GOTHENBURG. BREMERHAVEN. HAMBURG, ROTTERDAM OTHER ORIGINS: AARHUS. AMSTERDAM. ANTWERP, BASLE. BREMEN.
      643 words