The Business Times, 30 November 1987

Total Pages: 32
1 32 The Business Times
  • 10 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, NOVEMBER IM7 75 CENTS
    10 words
  • 449 1  -  By MARGARET THOMAS PUBLISHING GIANT Singapore Press Holdings, riding the wave of an economic recovery, closed its 1987 financial year with consolidated group profits after tax and minorities of $91.16 million, an increase of 24.5 per cent over the previous year's
    449 words
  • 454 1  -  By RICHARD SEAH THE FORTHCOMING Asean summit meeting in Manila and Japan's proposed US$2 billion investment fund to help the private sector in Asean were among the regional issues that took up the main part of talks yesterday between Prime Minister Lee Kuan Yew and
    454 words
  • 357 1 INDONESIANS residing on Batam Island will, from tomorrow, be exempted from the 250.000 rupiah exit tax when they travel to Singapore. Also starting tomorrow. Singaporeans who visit the island regularly can apply for a special tourist pass that allows them
    357 words
  • 709 1  -  Frayed nerves during EGM which lasts for nine hours By LISA LEE BONVESTS Holdings Ltd has cleared a crucial hurdle with shareholders' approval of its controversial asset purchases at last Saturday s extraordinary general meeting, but another hurdle looms large ahead. The deadline for getting
    709 words
  • 332 1  -  By LIM SOON NEO NTUC INCOME, the insurance arm of the National Trades Union Congress, had already surpassed its 1967 target for life assurance sales, Dr Tony Tan disclosed last night. For life assurance policies, there was a 63 per cent increase
    332 words
  • 224 1 Bernama THE Selangor Economic Development Corporation (SEDC) has slashed the price of industrial land in the state by up to 50 per cent. Mentri Besar Datuk Muhammad Muhammad Taib told a press conference in Petaling Jaya that the price reduction from 14 to 50
    Bernama  -  224 words
  • 130 1 AFP UNCONSOLIDATED pre-tax profits for Japanese corporations rose by an average of 11.99 per cent gain during the first half of the current business year which ended Sep 30. compared with the same period in 1986. a private survey on Saturday showed. The Wako Research
    AFP  -  130 words
  • Page 1 Advertisements
    • 349 1 Need a housing loan? Vki TOONG 737-7977 ifcgl VN4iyfrmng Mortgage And Finance (S) Ltd U/ A whoiy-owned subsidiary of Hongkongßank 61 Uvmorc Hill #0.1-01 Claymore Pliza Singapore 0M22 A TEAM FROM a multinational company, which banked on a long-term strategy to carry it through the tough eliminating rounds, emerged eventual
      349 words
    • 287 1 m THE PLUNGE IN THE VALUE of Thoi stocks has scuttled o 15-month bull run but the setback has not threatened growth prospects for the economy. ASIA-PACIFIC, Page 5 THE US-SOVIET SUMMIT in December may lead to a slight rise in superpower trade, but not in economic deals. REST OF
      287 words
    • 147 1 Food&HotelAsiaBB ThaOlfi Aaiari International Exfutaonot Food. Dnnk.HoM Reslaureni Catering Equipment wUti tfw 6«h FH A lr*efnational Salon Cuhnav* 13-16 April 1988 World Trade Centre Stngepore VWi uuuuuu Showdown at List Towers, Pago 18 Shipping Times comes as a separate section today. Make sure you get your copy. Because of Atsuko's
      147 words

  • MANAGEMENT
    • 1144 2  -  The 7-Eleven convenience store chain in Singapore turned profitable for the first time this year. Simon C Michel), 7-Eleven's director and general manager, speaks to CHUANG PECK MING on the reasons for its success. CHUANG PECK MING CONVENIENCE STORES, like the
      1,144 words
    • 1037 2  -  By TONG SUIT CHEE MOST PEOPLE have misconceptions about entrepreneurs they believe these innovators are born, not made Moreover, the myth is that these people are high risk-tak-ers, business owners with great flashes of insight and intuitive genius and who work only
      1,037 words
    • 619 3  -  By BOEY KIT YIN AN ACUTE labour shortage in the midst of improved business conditions is causing small and medium-sized enterprises to abandon training needs temporarily a fact that has alarmed the National Productivity Board. When NPB chairman Mah Bow Tan released some
      619 words
    • 666 3  -  By TONG SUIT CHEE A TEAM from a multinational company, which banked on a long-term strategy to carry it through the tough eliminating rounds, emerged eventual winners of this year's National Management Game. Philtech Re Ltd, comprising staff from Philips Singapore, was the dark horse which
      666 words
    • 693 3  -  By GENEVIEVE CUA EVERY YEAR, some of the world's most promising and successful minds from the arts, politics and business make their way, as in a pilgrimage, to Salzburg, Austria. There, they find crisp, invigorating air, the hushed grandeur of an 18th
      693 words
  • Page 2 Advertisements
    • 241 2 MRT ticket time limits begin tomorrow Throughout the month of November, Singapore MRT Ltd has lifted the normal maximum time limit on tickets to give passengers time to enjoy their first rides, visit MRT stations and thoroughly familiarise themselves with the system. The time limit starts when the ticket is
      241 words
    • 79 2 The new Silhouette® 40® Carry On 1 from Samsonite® Open it and you get a garment bag. Big enough to hang your gowns (or suits). So th«y dsnt crumple. Close it, and it becomes a carry-on. Small enough to stash under an airplane seat. It's the only one of iti'toncSn
      79 words

  • Page 3 Advertisements
    • 102 3 ■p" K i"* i in r 4 ••*"'^•l Hs t< -V' V '■■y. f* d i a,y ■L -">< w iffi' 3 > > S i. £•> '4- ■»> t <- Fr t Ww&S i s tl ''Tf ft s >•, *w. Ermenegildo Zegna Boutique. *02-21/23 Wtsma A trta, 435
      102 words

  • Page 4 Advertisements
    • 413 4 4 4 See how much money you can save in 30 minutes. We've got an offer that could save you a lot of money. Simply visit an IBM Authorised Dealer and let him demonstrate the IBM Perso:nal T computers. F e l° r yourself why them worldwide. Take a close
      413 words

  • ASIA-PACIFIC
    • 188 5 Bernama THE JOHOR State Economic Development Corporation (JSEDC) was urged on Saturday night to identify opportunities tor the promotion of small-scale industries especially handicraft production. These industries, apart from having the potential of contributing to the state revenue, can also indirectly improve the standard of living of
      Bernama  -  188 words
    • 141 5 AFP COLOMBO UNIVERSITY said on Saturday that Sri Lanka has the lowest population growth rate in the developing world, at 1.7 per cent. The Demographic Training and Research Unit of the university said the island s population growth rate has been dropping
      AFP  -  141 words
    • 258 5 AFP AUTHORITIES in Bangladesh relaxed a curfew in the capital. Dhaka, and four other major cities yesterday morning, but officials said it would be re imposed in the afternoon for another 14 hours. A 32-hour curfew was imposed in Bangladesh's major urban centres after a state
      AFP  -  258 words
    • 120 5 AP BRITAIN is to increase its contribution to the cost of the military presence in Hongkong "after an urgent appeal from the colony's government," the Sunday Telegraph reported. The London weekly said the British share is likely to rise from 25 per
      AP  -  120 words
    • 434 5 Reuter THE PLUNGE in the value of Thai stocks since world markets collapsed in October has scuttled a 15-month bull run but the setback has not threatened growth prospects for the economy, most bankers and economists said. They said the Securities Exchange
      Reuter  -  434 words
    • 172 5 AFP INDONESIA has earmarked US$ll billion to repay foreign debts and interest between April 1987 and March 1969, Finance Minister Radius Prawiro said on Saturday. He told a parliamentary hearmg that foreign debt repayments over the twoyear period for fiscal 1967-88 ending in March
      AFP  -  172 words
    • 155 5 Reuter OMAN'S economy will grow at an annual rate of 2.5 per cent a year until the end of 1990, an Omani Finance Ministry official said in a published interview. Mohammed bin Musa al-Youssef. Under-Secre-tary for Financial Affairs, said the
      Reuter  -  155 words
  • Page 5 Advertisements
    • 69 5 ALL OF THE GRAIN, ALL OF THE GOODNESS New sunshine wholewheat bread is BREAD THE WAV IT USED TO BE FULL OF HEALTHY WHOLEMEAL TASTINESS. IT HAS A HIGH FIBRE CONTENT AND CONTAINS SO IT HELPS TO MAINTAIN A STABLE METABOLISM AND GOOD. HEALTHY DIGESTION. YES. NEW SUNSHINE WHOLEWHEAT IS
      69 words
    • 33 5 ifEFmli Georges' speedy lunch in 59 minutes at only $19.50* (well even time ourselves) Or the clock is yours! Reservations: *****55 Ext 8365 La Ir—mr Gaargn la Lc MerWicn 100 OreWW R—d tkm
      33 words
  • Page 5 Miscellaneous
    • 50 5 Bahrain Bangkok Barbodos rc> 23/18 Sumy 05/01 Cloudy 17/13 Ooor 23/17 door 32/25 Sunny Now DoM Now York Nicosia Oslo Porta Forth Mo 'Jonolro Rom* San Frta'co San Jvan OOfWO^O Sao Paulo Seoul f«n rliti i i..i Sydnoy TaJpoi To 4 Aviv Tokyo Toronto Vancouver Vlonna Wanow \*.t L. TrOWWi^rori
      50 words
    • 30 5 Doonesbury PUCKS! rrSm,AUC£! riLBB tmmiHMBiTS&NYDU siHceaxiAiwemr¥*KQms! *BUSB>V6OIWPSm PMN6TOGETH&, rGzHemaCtsZ wri BY GARRY TRUDEAU bo/, rrs BeeN A long mmjmnmmmutorr.juNe w/haywm OCTOBER 17* ii 9k in, -•<- 7 11, 1 W* 1
      30 words

  • REST OF THE WORLD
    • 493 6 Obstacles in the way of US-Soviet business deals Reuter THE US-SOVIET SUMMIT in December may lead to a slight rise in superpower trade, but not much more in the way of economic deals, trade analysts said. Despite the warming of relations and a
      Reuter  -  493 words
    • 281 6 AFP THE BRITISH government is waging a three-pronged campaign in Northern Ireland to push for peaceful coexistence between the Protestant majority and the Roman Catholic minority by military, political, but also economic means, British officials in the province say.
      AFP  -  281 words
    • 277 6 Reuter THE WEST GERMAN government is considering a new 15-billion-mark programme to boost the domestic economy, government sources said. They said Finance Minister Gerhard Stoltenberg and Economics Minister Martin Bangemann would discuss the idea in the next few days. Main consideration
      Reuter  -  277 words
    • 413 6 NYT THE UNITED STATES is expected to pay only about 60 per cent of its budget share this year to the 44 United Nations and other international bodies to which it belongs, according to administration and UN officials The expected reduction in the American
      NYT  -  413 words
    • 408 6 NYT A COMBINATION of protectionist worries, a falling dollar and a strong consumer base is beginning to encourage more foreign companies to build production plants in the US. According to the US Office of Trade and Investment Analysis. Japan led the list
      NYT  -  408 words
    • 340 6 Reuter THE HEAD of the International Monetary Fund last Saturday urged Africa to persist with tough economic reforms, predicting that donors would soon step up aid to the Third World. "The countries on the African continent have undertaken courageous measures to
      Reuter  -  340 words
    • 878 6 ARRIVALS Operofoc g Local From number lint* su SQ41 0610 MAA •C •C555 0655 MAA MAS MH60I 0720 KUL MAS MH68I 0730 KUL SU SQ45 0750 MRU su SQ411 0730 •OM MAS MH681 0820 KUL SU SQ43 0620 DMA su SQ271 0850 CPH/PtA PW MAS MHS11 0910
      878 words
  • Page 6 Advertisements
    • 97 6 TkviUqed Gxeuitivc G4*u Va V. y f t+f* 'J j. a PhviUaed *6xturfn/c Cicuti When you fly dth Finnair, you enjoy seat selection, free membership to the exclusive Finnair Clul), as much privacy as you want, as much attention as you want, a luxurious seat with 147 cm of legroom,
      97 words
    • 221 6 I I I \f\ I The business person's choice every I I II \I I Iff II I Tuesdoy. Thursday. Saturday and Sunday. I M Ml I Jl Ml \l Leaving Changi Airport at 22:05 V S±- hours and arriving Heathrow early the following morning. Call your Travel Agent or
      221 words

  • Page 7 Advertisements
    • 96 7 SE DOESNTMEAN I YO MBMStmi mm r-;. ■J w M«9 •v> ll |B| till ■iV.-Sl *f I >* ti v i 4 -J fjl If clothes make a man, then Chanrai's clothes make amends (regardless of whatever profession you're in.) Because apart from stocking a wide selection of designer labels
      96 words

  • COMMODITIES
    • 962 8 AFP THE PERSISTENT weakness of the dollar, due to disappointment with the agreement for reduction of the American budget deficit and to uncertainty about the date of a possible meeting of the Group of Seven, had a strong influence on trading last week. Precious
      AFP  -  962 words
    • 313 8 Reuter THE EUROPEAN Community's executive commission is maintaining a plan to impose a tax on imported and domestically-produced vegetable and marine oils and fats despite both internal and foreign opposition. A Commission spokesman said that after a further study by experts as
      Reuter  -  313 words
    • 190 8 Bernama ES THE MALAYSIAN rubber market held steady last week with December RSS One international rising 3.5 cents to 263.50 cents from the previous week. Dealers said trading was generally steadier throughout the week due to sustained speculative interest and firmer Singapore advices, with prices fluctuating between narrow margins.
      Bernama ES  -  190 words
    • 291 8 Bernama ES MALAYSIAN crude palm oil futures advanced on the Kuala Lumpur Commodity Exchange last week due mainly to the reported fall in October production. Dealers said a lower level of palm oil stocks compared to a year ago also contributed to the steadier trend. India's purchase of
      Bernama ES  -  291 words
    • 169 8 Chinese Produce Exchange SeWtn' noon dwiog pncts on Nov 28 (SS/100 kg) Coconut oil M FOB 93.00 OW drum FOB 103.00 N*w drum FOB 107.00 Copra Mixed (Ioom) 53 soMors Pepper Murrtok wMt* FOB NtW 1210.00 Sarawak «N»t FOB foq NLW 1195.00 Sarawak iptcia) block FOB NIW 855.00
      169 words
    • 223 8 Bernama ES THE KUALA LUMPUR Tin Market last week fell 41 cents to close at M 517.03 per kg from the previous week on general lack of demand as turnover fell to 326 tonnes from 345 tonnes. Brisk selling dominated trading in the early part of the week
      Bernama ES  -  223 words
    • 304 8 London vofiimooiiy luytr/Sttor No* 27 II/mm «No« *>ocMod). PmliMi dating prion In •a* In *on OF London f n|§fi option No» 1226/1227 (t 230/1236 Wflh/lo. 1237/1223 Jon 1236/1233 (1263/1267 W*/U»w 1262/1233 SotM (2903) COCOO Ok 1067/1063 (1090/1092) 1094/1062 Mar 1144/1143 (1141/1143) N*/lo« 1146/1136 SotM (2737 No 6 FO«
      304 words
    • 197 8 Reuter CHICAGO Board of Trade whaat future* on Friday doead naar session highs with prices up 3/4 to 2-1/2 cants a bushel. December finished 2-1/2 cents higher at USS3.O3-1/2. Traders said late professional and commission house buying closed prices on a firm note. News that the Soviet Union will
      Reuter  -  197 words
    • 205 8 Reuter CHICAGO Board of Trada soybean futuraa on Friday closed higher with prices up 12 to four cents a bushel. January settled 10-3/4 cents higher at US$6.lO-3/4, after finding resistance at USS6.I3-1/2. Traders said professional and commission house buying enabled a firm close, but gains were limited by some
      Reuter  -  205 words
  • Page 8 Advertisements
    • 265 8 LAN YIN PA K I S A 4«IT 3 /< as v *4 iL *1 Men's *****M/018 Ladies's7l3sL/018 *****.00 m A X V \X ■i ■v Y f X > X\ m V N i\%: SOLE AGENT IMIPRIWE LIMITED (A MEMBER Of FJ BENJAMIN ft SONS GROUP OF COMPANIES) AFTER
      265 words

  • Page 9 Advertisements
    • 248 9 It's full of holes! ONLY ONE COURIER COMPANY IS BIG EN"" 1 TO SAY U, 0 1 Notoaprice increase kiWicr the most refiebfo in the woriifotoiprice ha *aie in *11 fort network that offices in li 2 countries. And no to a price increase in *81 far a computerised system
      248 words

  • PERSPECTIVE
    • 1507 10  -  The four Asian NICs or newly-industrialising countries Singapore, Hongkong, South Korea and Taiwan came in for some harsh criticism from a senior Reagan administration official about two weeks ago. From New York, LOH HUI YIN files this report on what initiated
      1,507 words
    • 665 10 SINGAPORE has two types of identity problems in the US. Some Americans think that Singapore is still part of Malaysia. Others think that, somehow, it is related to China and there are a handful who have not heard of it. This lack of
      665 words
  • Page 10 Advertisements
    • 116 10 Nasi Padang and Rijsttafel Buffet At Only $12.50++ a 9A6^TC^ ?vee r Treat yourself to a simply delightful and mouth-watering spread of Nasi Padang Rijsttafel buffet lunch at the Cafe Fontainebleau Winner of Singapore Best Restaurant Guide Award (other Asian Cuisines) 1986. Savour authentic Malay and Indonesian cuisine of Sotong
      116 words
    • 180 10 Orient Car Leasing Reliable long-term car rental for the business executive on the go. Call our HOTLINE now: ORIENT CAR LEASING PTE LTD 913, Bukit Timah Road, Singapore 2158 We take good care of our cars for you! -srl 1 lUafeMSEra CORUM 'Romulus" in 18 carat gold with the "Roman
      180 words
  • Page 10 Miscellaneous
    • 42 10 inStcWT Ean]cDLcien6 look fvr thc disgraceful s We OF Yooß fN-Tf?By... dost^^CLLOuXhiG pRGLS/I'nn T H CLERICAL eQinVftUENT COVE.R6D U)ITH COBui&BS ...k>F miss HF\V£RSHRm wi rm &LP\dno u i T "v 5 exftcTLY Twe eFFecT rra ST£tvirtG> FoK ©Evening Standard Co ltd .1962-198/
      42 words
    • 473 10 ->\~_]:]}-^,*{]":."<"]'/:&<]['> CRYPTIC PUZZLE ACROSS 1 Hurriedly leave Sam out! (5) 6 As used for serving eggs, etc? (5) 9 Competed with some courage and a certain resentment (7) 10 A vessel to turn about? (1-4) 11 A stand seat (5) 12 Pretty rhyme in song (5) 13 Returned with material
      473 words
    • 203 10 Cryptic solution ACROSS: 9. Touch down 10. Rough idea 12. R-age 13. T-a--IoN-s(rav). 14. Turns in. 15. Leaat-wiae 17. Oiac-loaee 18. O-ratt-ee. 19. Poater. 20. Th(aira)-oo<r8). 23. Shake-down 25 Ha-llata-nd 26. LimE(rav.). 27. Sea las 29. Rollera 32. Mada claar 34. A-p-praia-al 35. Outcast 36. Entail 37. Aba-t 36. Thraa
      203 words

  • THE ARTS
    • 298 11  -  -By SHAUN KOH GUEST VIOLINIST Pierre Amoyal was in great form last Saturday at the Victoria Concert Hall. But the big news was the Singapore Symphony Orchestra, which seemed to have benefited tremendously from the handful of personnel changss of the past month. In a
      298 words
    • 705 11  -  By SHAUN KOH IN AUGUST this year, Reader's Digest featured a petite young violinist with a picture of her on the cover in a small box on the left. The story acclaimed the arrival of "one of this century's greatest violin prodigies" a declaration
      705 words
    • 538 11  -  CD REVIEW By SHAUN KOH FINE ART OF MUSIC Windham Hill *****8-2 (50 minutes) Category: New Age A SHORT but nice compilation of tunes: it's soothing and relaxing music that, with a little imagination, could transport you to another dimension. Which is the aim of New
      538 words
  • Page 11 Advertisements
    • 126 11 I I I r -t< > «M&k 4*y •vr m> I r, l!: <fc4k A,' rl Syfi-V,! ?&MXtX'bjmi ?Jp -«-2. *r:«: i rilW M >' Night y^g sage >**" v" I <V Sr Daily As you can see, our daily flights to Bangkok are as regular as your three main
      126 words
  • Page 11 Miscellaneous
    • 1151 11 w mm B 12 ti 5 2.30 PM SBC Text Sample Pag«s. 2.50 Opening and Programme Highlight* followed by Magic Comer. 1.10 Our Bocfcyard. J.2S Storybook Teo-Breok Special Boom In The Moon. Starring Buster Keoton, Angel Grassa and Virginia Serret. Light Of Many Mask*. The Spices of life ChiMes (r).
      1,151 words

  • SPORTS & LEISURE
    • 304 12 AFP STEVE CRAM admitted his hopes of making Britain's world cross country championship team were slim after a shock defeat at the hands of an asthma sufferer on Saturday. After experiencing the indignity of being beaten in a sprint finish in the Presto cross country
      AFP  -  304 words
    • 151 12 AFP FRENCH COLT Le Glorieux, with Alain Lequeux in the saddle, won the 1987 Japan Cup at the Tokyo Race Course on Sunday in a record time of two minutes 24.9 seconds. Outsider Southjet of the US finished second in the 2,400-me-tre race, three-quarters of
      AFP  -  151 words
    • 232 12 UPI NOTRE DAME wide receiver Tim Brown has been named the 1967 winner of the Walter Camp Trophy as the top college football performer in America. Benjamin Tortora, president of the Walter Camp Foundation, said Brown was chosen as the country's best player by college
      UPI  -  232 words
    • 179 12 AFP CHINA'S Yu Zhicheng broke the Asian record in the men's 110 metre hurdles in the Chinese National Games on Saturday. The official New China News Agency reported in a dispatch monitored in Hongkong yesterday that Yu won his heat in 12.72 seconds,
      AFP  -  179 words
    • 460 13 Reuter GOLFERS angered by unplayable conditions walked off from the Australian Open, forcing organisers to abandon yesterday's final round play and plunging Australian golfs most prestigious event into disarray. The Australian Golf Union announced the final 18 holes would be contested today after a 40knot northerly
      Reuter  -  460 words
    • 204 13 AP JACK NICKLAUS, who had not won a skin in 35 holes dating back to 1985, won three holes and US$7O,OOO on Saturday in the first half of golf's skins game. Fuzzy Zoeller won only one hole but, with carry-ov-ers, it was worth US$7O,OOO and pushed his skins'
      AP  -  204 words
    • 452 13  -  By WALTON MORAIS SINGAPORE'S Lim Kian Tiong shared second place but it was Malaysia's M Ramayah who was the runaway winner in the M 575,000 Perak Masters golf championship which finished in Ipoh yesterday. Kian Tiong. who had little hope of catching up
      452 words
    • 491 13 AP AMERICA'S Cup skipper Dennis Conner said on Saturday that the next renewal of sailing's top event could be a two-boat race with all countries but New Zealand and the US excluded. Conner, who is defending the cup for the San
      AP  -  491 words
    • 341 13 Reuter AMERICAN teenager Andre Agassi won the first grand prix of his year-old professional career on Saturday, beating unseeded Brazilian Luiz Mattar 7-6 (8-6) 6-2 in the final of the U*****,000 Brazil Open Men s Tennis Tournament. The 17-year-old eighth seed from Las Vegas
      Reuter  -  341 words
    • 218 13 AFP ENGLAND'S Sammy Reeson is ready for a world title bid after retaining his European cruiserweight crown on Saturday with a convincing, if unspectacular display, to despatch Luigi Ricci of Belgium with a seventh round knock-out in Windsor. Reeson has been
      AFP  -  218 words
  • Page 12 Advertisements
    • 729 12 if# and > ***** NOVEMBER Seafood specials always spring surprises. And at Cafe Vienna, we serve a delightful selection of snapper, sole and shrimps, squidp, and skewers of all of them combined. jtfcafe Vienna Supplement Ku» mk w a Vv v* w What's on the Wagon? Everyday, our wagon presents
      729 words
    • 277 12 Jfym z x m litr .3 > 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 50. 12.00 to 2.30 pm daily. Adult: $31 /Child: $15+ The management reserves the V right to
      277 words

  • Page 13 Advertisements
    • 272 13 m ir. (Hfrfll ''it m m r .vj t* J£ So much to choose for only $18.50. A sumptuous spread vdth many diferent types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, tortes...cheese board, fresh frult freshly brewed coffee. All for $18.50. And for $26.50 you can
      272 words
    • 226 13 PALM GRILL An elegant and intimate ambience. With exceptional French and Continental cuisine. And the very finest wines from our exclusive cellars. BUSINESSMEN'S SET LUNCH $32+ Closed on Sundays. Saturday dinner only. Westin Plaza, Ist Floor. For reservations, call 338 8585. ext. ***** or 330 8310. The Westin Plaza Raffles
      226 words
    • 93 13 Power Play The game is a combination of war and sports. You play to win. Spalding Tennis Racket XRS 100 is for easy playability and control Extra power for offensive shots and attacking hits and volleys. Power and flexibility for baseline games and touch play. More power, more control Powerful
      93 words

  • MONEY AND EXCHANGES
    • 525 14 Reuter FOREIGN EXCHANGE dealers from the Asia-Pacific region attending a conference in Manila expect the dollar to continue its fall well into 1988. but they are hoping the decline will be orderly "I think the consensus is the dollar will come down." said
      Reuter  -  525 words
    • 309 14 Reuter COMMERZBANK AG management board chairman Walter Seipp has urged the Bundesbank to continue a low interest rate policy. He told a news conference last week that there were no signs of inflationary fears now or in the foreseeable future. "What is
      Reuter  -  309 words
    • 212 14 ASIAN CURRENCY average deposit rotes for 1 the week ended 1 Nov 27 BIO PRICES High Low US s 7 doys 6 13/16 6 3/4 month 6 7/8 6 13/16 2 months 7 5/8 7 3/8 3 months 7 5/8 7 3/8 6 months 7 5/8 7
      212 words
    • 30 14 The range of call rates for the week ended Saturday, Nov 28 Bank fund 2.55 3 05 G«n fund 2.52 3.0 of funds M$ 1,768m Source: Short Deposits
      30 words
    • 414 14 Reuter FURTHER STEEP falls in the value of the dollar would be counterproductive because of the uncertainty generated, the director of the Bank of Japan's foreign department, Mr Makoto Tanji, told the Asia-Pacific Foreign Exchange Congress on Friday. "A further decline of the
      Reuter  -  414 words
    • 102 14 AP THE UNITED STATES has again called for a greater appreciation of the Taiwan dollar but is happy with tariff reductions and other moves introduced by Taipei in a bid to reduce the trade imbalance between the two countries. Vice-Economic Minister Wang Chien-Chuan
      AP  -  102 words
    • 713 14 Reuter LATEST BANKING data show that the Federal Reserve has been successful in stabilising the financial system since the stock market crash and economists say it is likely to maintain a steady policy in the near-term. "In the five weeks since Oct 19. discount
      Reuter  -  713 words
    • 269 14 Indosuez Asia (S) Ltd HECTIC TRADING dominated the Singapore Government Securities market last week, as treasury bills continued to hold the market's attention. Sentiment was bullish and prices across the board were supported by retail demand and low interbank overnight rates of 2 per cent one per
      Indosuez Asia (S) Ltd  -  269 words
    • 493 14 Indicates tha avaraga oI tha prim# landing rata* of 12 ma|or banks In Slngapora PLR of bonks at the close of business on Friday, Nov 27, as supplied by ABS. BANK PLR Algemene Bank 634 Allied Irish Bonk PLC 6% American Express Bonk 7 Am'Dam R'terdam Bank
      493 words
    • 1586 14 Union Bank of Switzerland AFP ZURICH: THE EXPECTED last-minute agreement on trimming the US budget deficit, a deluge of exchange rate rhetoric, sporadic intervention and, to round off the economic-policy fireworks, a series of interest rate cuts by the European central banks, already provided the headlines on the
      Union Bank of Switzerland; AFP  -  1,586 words
    • 262 14 Gold Financial futures Green Collier PRECIOUS gold surged to settle, on Friday, near six-week high on the back of a softer dollar and rekindled inflationary worries. Spot gold settled at U*****.10 an ounce, a jump of $16.50 over the previous week's close The bullion's rise was triggered by higher inflationary
      Green & Collier  -  262 words
  • Page 14 Advertisements
    • 191 14 'izrrr i;fA iJUIBIII IJ 1// Inquiries MaO* /W: 04-****** fr: —< or 03-*****75 THK P \STh KN A ORIENTAL HOTJ.I JO Mr; ;'.*r Prnarg VsLayu Irl r c MX T4»li < tHf H< 'T> T> \M* > TMfi KAM«i M A4C:~O J v r i I >.j fi-'rrpr.v« VHV linup
      191 words

  • BANKING AND FINANCE
    • 1098 15  -  Vmm (Mm Business Times continues today with the second column in its new weekly series guiding readers through the nuts and bolts of the insurance industry. This week, PAUL FRANKLAND, author of the column, tells why it is vital for the insurer
      1,098 words
    • 327 15 Reuter NOMURA SECURITIES Co Ltd has won the competition to lead manage Nippon Telegraph and Telephone Corps 100 billion yen 11-year bond issue in early December, according to an NTT spokesman. Nomura, one of six securities houses invited to compete, offered
      Reuter  -  327 words
    • 104 15 Reuter MALTA WILL LAUNCH a drive to become an offshore banking centre. Finance Minister George Bonello Dupuis has said. In the Nationalist governments first budget, he allocated U*****,000 for the initial cost of setting up offshore banking enterprises with the aid of international consultants. He
      Reuter  -  104 words
    • 717 15  -  By ALVIN TAY Banking Correspondent THE WORLDWIDE stock market crash of Oct 19 would have relatively little direct impact on Midland Bank PLC's 1987 financial results because the group had withdrawn from equity marketmaking last March, said its board of directors. But Midland, the
      717 words
    • 521 15 Reuter AMERICAN commercial banks are gaining fresh momentum in efforts to change a Depression era banking law that bars them from entering lucrative securities businesses, but powerful opponents stand ready to block them. Banks are mobilising behind a banking deregulation bill introduced this month
      Reuter  -  521 words
    • 551 15 Reuter JAPANESE BUSINESS has flooded the globe, especially the United States, and now its powerful banking industry is setting up shop in the heartland of traditional US industries, the American Midwest At first sight, these banks appear to be following the wave of factories
      Reuter  -  551 words
    • 182 15 Reuter NATIONAL WESTMINSYER Bank PLC said it had postponed its earlier plans to raise about £100 million through a public share offer in Japan and listing its ordinary shares on the Tokyo Stock Exchange. It said in a statement
      Reuter  -  182 words
  • Page 15 Advertisements
    • 36 15 NATIONAL UNIVERSITY OF SINGAPORE Public Lectures on The New UK Securities Markets and Its Legal Regulation by Professor L C B Gower Lee Kuan Yew Distinguished Visitor ALL WELCOME ADMISSION FREE For enquiries please call: 772-2539,772-2303
      36 words
    • 156 15 JAPAN can be affordable. NTA HOTEL FASS With the NTA Hotel Pass you can get a room in Japan for an unbeatable SsBs/per night Accepted at 86 member hotels in 50 cities throughout Japan, it is an economical alternative for business and pleasure travellers. JARVN RAIL BVSS This pass allows
      156 words

  • MARKET REVIEWS
    • 5242 16  -  r Singapore P 4 By LISA LEE A LACK of fresh factors and direction led to sluggish trading on the Singapore stock exchange last week. Total turnover for the week shrank by 27 per cent to 73.6 million shares worth $139.6 million against the
      5,242 words
    • 362 16 Msjj K.Lumpur m Bernama ES THE KUALA LUMPUR stock market saw another week of lacklustre trading with share prices edging lower. Share prices fluctuated within narrow margins and tended easier most of the week as investors kept to the sidelines in the absence
      Bernama ES  -  362 words
    • 70 16 AFP THE AGREEMENT on cutting the US budget deficit helped the Frankfurt Stock Exchange last week, as the Commerzbank Index gained 33 9 points to close at 1.359 6 Volume rose slightly on the eight West German stock exchanges to 9 32 billion DM. against 8
      AFP  -  70 words
    • 298 16 r vlAustralin d AFP THE AUSTRALIAN share market had a cautiously confident week with a general interest in blue-chip industrials and gold stocks. Cameron Williams, an analyst at Statton Securities, said the market showed "a continuation of a good psychological tone" with
      AFP  -  298 words
    • 443 16  -  Week ended Nov 27 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Austral Amalgamated Tin Bhd is to operate only one of the two dredges for the current year due to the lack of suitable mining lond Ayer Hhom Tin Dredging (M) Bhd has proposed »o revise
      443 words
    • 180 16 NMB Bank Securities THE AMSTERDAM market last week tailed to react favourably to the agreement to cut the US federal budget deficit and the accompanying interest rate cuts in West Germany and the Netherlands. The ANP/CBS General Index closed virtually unchanged at 214, while daily trading
      NMB Bank Securities  -  180 words
    • 806 17 rwt K |jl Hongkong Ml u DBS Securities HK DESPITE EFFORTS made to revive investors' confidence, share prices continued to be weak across a broad front in another week of quiet, lacklustre trading The agreement in the US on a two-year US$76 billion budget-deficit-reduction
      DBS Securities HK  -  806 words
    • 872 17  -  annal London From RAY HEATH AFTER THE BIG CRASH, there is now an ominous silence in London. It is the sound of no telephones ringing, and the song that dealers were singing as they went home on Friday night was 'Pump Up the Volume'.
      872 words
    • 505 17 m pi ew AP WALL STREET makes no secret about what it wants for Christmas this year: a strong show of holiday spending by consumers Respectable sales figures during the retailing industry's most important season would provide a sign that the economy wasn't seriously impaired
      AP  -  505 words
    • 165 17  -  From SHIRISH NADKARNI in Bombay AFTER a slide of more than three months, the Bombay Stock Exchange showed signs of a recovery, with several shares in the forward list, and a few in the cash list showing a slight upswing. The market index closed
      165 words
    • 406 17 Tokyo Ik**! A AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) continued to rise for the second week running, with the key barometer recovering the 23.000-yen level for the first time since Nov 4. The Nikkei Average, a 357.31-yen gainer the previous week, posted
      AFP  -  406 words

  • Page 17 Advertisements
    • 544 17 m* Singapore Press Holdings Limited ANNOUNCEMENT RESULTS FOR THE YEAR ENDED 31ST AUGUST 1987 The Directors have pleasure in announcing the audited results of the Group for the year ended 31st August 1987. The increase in turnover over the previous year reflects the generally more satisfactory economic conditions in the
      544 words

  • COMPANY NEWS
    • 352 18 THE PROPOSED link-up between Sesdaq and its US counterpart, Nasdaq, will be pushed back to the first quarter of next year. The decision was dictated by the current market conditions, said an announcement from the Stock Exchange of Singapore
      352 words
    • 496 18 Bernama ES SAMANDA HOLDINGS Bhd, which recorded lower profits in its last financial year, is banking on its manufacturing division for a better performance this year. Executive director Mew Jin Seng said the group's two manufacturing subsidiaries. Loytape Industries Sdn Bhd and Central
      Bernama ES  -  496 words
    • 367 18 Transmarco buys stake in US marine craft maker TRANSMARCO LTD. through Transmarco (HK) Ltd. has acquired a 25 percent stake in Aero Marine International Ltd for US$1.25m (S$2.54m). Aero, incorporated in Nevada. US, is engaged in the development of a new generation of marine craft with recreational and
      367 words
    • 313 18 Bernama ES UNIVERSAL CABLE (M) Bhd has announced details of its restructuring plan to ensure the long-term viability of the company. Malaysian International Merchant Bankers Bhd. on behalf of the company, said the plan involved the disposal of assets, including subsidiaries, which were not
      Bernama ES  -  313 words
    • 694 18 mm*** HOCK LOCK SIEW BONVESTS' travelling circus which started on the 16th floor of Liat Towers and finished on the 7th nine hours later on Saturday was one of the most conspicuous bear market phenomena seen in Singapore since Oct 19. With 400 people in attendance.
      HOCK LOCK SIEW  -  694 words
    • 447 18 Bernama ES MALAYAN BANKING Bhd s entry into the stockbroking business would not crowd out smaller broking firms but instead benefit them, its executive director Raja Badrol Ahmad said. This is due to the condition set by the government which stipulates that SO
      Bernama ES  -  447 words
    • 665 18 Current Ex Books Date Total tor Total tor peyment date does payable the year last year AISI 5%<bl Dec 22 Jon 7 Feb 8 5% 5% Amal Steel 8%TEIb» Ok 2 Dec 16 Jon X 8%TE 8%TE Ay *r Hhom Tin 5% No* 18 Dec 2 Dec 21
      665 words
    • 304 18 Bernama ES MBf HOLDINGS Bhd (MBfH) will use proceeds of the proposed sale of its 22.6 per cent stake in Emtex Corporation Bhd amounting to M 543.147 million to reduce borrowings and as additional working capital. MBfH. in a circular to
      Bernama ES  -  304 words
    • 690 18 LAST FULL YEAR Company Period Do» Year Net EPS Gro« Net announced •riding (cents) dhr profit la* yeor <$TXX» Minebea Interim Jul 21 Sep 87 169 230 2.907 (g) Imatex Final Jul 28 Mar 87 60 3.249 Raleigh Final Aug 18 Jon 87 4.1 7.5 Z95I Tokyo Land
      690 words
  • Page 18 Advertisements
    • 67 18 NEGOTIATE ANYWHERE! How To Succeed In International Markets A Workshop on How to Negotiate Abroad and WIN By PROFESSOR GAVIN KENNEDY A World Authority and Author of Five best selling books on NEGOTIA TIONS Dates Singapore 7-8 December 1987 Times 9.00 a.m. to 5.00 p.m. Venue San Marco Room, Marco
      67 words

  • WORLD MARKETS
    • 1135 19 Amsterdam < MOV *7 PiM +b I ABN. 4020 -0 Aagon »4 00 -ft» AtoM. «3 30 1 Mao »00 -02 AMMB. 147 JO +0-1 AMEV »40 -ftt i Amfo Bonk. 40 -at I Am Mad +08 BOCS 104« +2 1—*mm iiiSmwii. 4150 +03 Caiva. mm -0 4 FOUmt.. 23
      1,135 words
    • 978 19 New York Reuter WALL STREET defied a 21-year Thanksgiving week tradition and closed sharply lower last Friday as a weak dollar and rising commodity prices revived inflation worries. But a tradition of post-holiday sluggishness remained intact and volume slipped to a 1967 low. The Dow Jones Industrial
      Reuter  -  978 words
    • 942 19 London AFP Reuter UK EQUITIES lost further ground in late trading last Friday, depressed by Wall Street's weak opening and the dollar s relapse. The Financial Times industrial share index closed 6.2 points down at 1,308.2, while the Footsie 100-share index ended off 9.1 points at
      AFP; Reuter  -  942 words
    • 182 19 UPI CALIFORNIAN-based commercial bank Security Pacific's move to acquire the 15 per cent of shares it does not already own in stockbrokers Hoare Govett is much more than a tidying up operation. It is the first attempt by the US bank to get direct control
      UPI  -  182 words
    • 388 19 FT CONCERN IS RISING in the City of London that the lack of turnover in equity and gilt-edged markets may lead to much lower levels of profitability and force staff cuts Some senior executives of large securities houses in the UK are
      FT  -  388 words
    • 310 19 AP TEXACO INC and Pennzoil Co for the first time in months have resumed negotiations over settlement of their multibillion-dollar legal battle, according to published reports. James W Kinnear. Texaco s chief executive officer, met nearly two weeks ago with J Hugh
      AP  -  310 words
    • 493 19 UPI NEARLY NINE years ago. Volkswagen AG blazed a trail for Japanese carmakers to follow by being the first foreign carmaker to build cars on American soil. Now, it looks like it will be the first to leave. The West German carmaker claims it
      UPI  -  493 words
    • 248 19 FT THE OFFER for sale of shares in Eurotunnel, the Anglo-French group building the Channel tunnel, has met with poor response from investors in the UK. The application forms were still being counted on Friday night but it seemed possible that up to 20
      FT  -  248 words
  • Page 19 Advertisements
    • 519 19 NOTICES IN THE MATTER Of THE COMPAMEB ACT, CAP SO AND M THE MATTER OF OEIPEL ENTERPRISES PTE LTD (M MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HEREBY GIVEN that at an Extraordinary General Meeting of Get pel Enterprises Pie Ltd duly convened and held at 36 Robinson Road. City House. Singapore
      519 words
    • 465 19 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF FRED AO MARKETING SERVICES (SI PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary Ganerat Meeting of the members of the above named Company duly convened and held at 360 Orchard Road #11-01 International
      465 words
    • 507 19 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF RON MARK PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINOING-UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 360 Orchard Road International Building. Singapore 0923 on the
      507 words

  • 170 20 UPI SUPPORTERS of South Korean opposition leader Kim Dae Jung overwhelmed a campaign rally of ruling party candidate Roh Tae-woo yesterday, hurling rocks, sticks and eggs and drowning out the former general's speech by chanting "murderer After the rally, about 5,000 students and dissidents took
    UPI  -  170 words
  • 206 20 Oana-Bernama A COMPROMISE bill calling for a US$3.2 billion package to be paid by Malaysia to the Philippines in exchange for the dropping of the claim to the East Malaysian state of Sabah has been proposed in the Philippine H<ftjse of Representatives. The bill, jointly
    Oana-Bernama  -  206 words
  • 290 20 A GROWING SENSE of belonging and commitment among residents in the new town of Tampines will help the constituency through future challenges, said Dr Lee Boon Yang, Minister of State for National Development and Home Affairs. One of these challenges, said Dr Lee, could
    290 words
  • 440 20 Bernama MALAYSIAN national oit company Petronas plans to review the salaries of expatriates employed by its international oil contractors with a view to trimming their "fat" pay cheques, a highlyplaced oil industry source said yesterday. The source, who requested anonymity, said the review
    Bernama  -  440 words
  • 138 20 Reuter FOUR MORE people arrested in Malaysia's biggest security crackdown in over a decade have been released, the New Sunday Times newspaper reported. The newspaper said the four, who were arrested under a law allowing detention without trial, came from the East Malaysian state of
    Reuter  -  138 words
  • 641 20  -  By LOH HUI YIN ASEAN HAS URGED the American Congress to reconsider provisions on six issues in the protectionist omnibus trade bill now being debated. One of the six issues which affect the regional grouping deals with currency. Section 406 (4) of
    641 words
  • 525 20  -  By GENEVIEVE CUA THE BIGGEST GROCERY wholesaler in Papua New Guinea has decided to shift its entire base of operations to Singapore. Come early January, a holding company will be set up for PNG-based Universal Trading Pte Ltd. The holding company,
    525 words
  • 302 20 WHEN PARLIAMENT sits today, attention will be riveted on the first reading of the Parliamentary Elections (Amendment) Bill and the Constitution of the Republic of Singapore (Amendment No 2) Bill. No indications have been given as to the nature of
    302 words
  • 74 20 AFP JAPAN'S Finance Minister Kiichi Miyazawa on Saturday ruled out the possibility of an early meeting of the Group of Five (G-5) leading industrial nations. He said in Osaka: "We have to wait for a concrete US budget deficit reducing plan, including tax increases,
    AFP  -  74 words
  • LATE FILE
    • 35 20 Reuter ISRAELI Premier Yitzhak Shamir yesterday blamed Syria for a hang-glider attack by a Palestinian guerilla who killed six Israeli soldiers, but he refused to say how Israel would avenge their deaths.
      Reuter  -  35 words
    • 63 20 AFP THAILAND was considering reduction in the strength of its border defence forces to lessen tension along the Thai-Cambodian border, a Thai army spokesman said in Bangkok yesterday. Major General Narudol Dejpradiyuth said the idea was floated by army chief General Chaowalit Yongchaiyuth, but
      AFP  -  63 words
    • 63 20 AFP MALAYSIA was assessing European-made submarines as a way of beefing up the country's defences, a top navy officer said yesterday. Commander Yaacob Daud, assistant to head of navy Vice-Admiral Abdul Wahab Nawi, said: "If the financial situation permits, we plan to start with at
      AFP  -  63 words
    • 33 20 AFP FUGITIVE Colonel Gregorio Honasan would like to talk to President Corazon Aquino and help the government but would not surrender, a private radio station reported in Manila yesterday. AFP
      AFP  -  33 words
    • 49 20 Reuters BATON-WIELDING police broke up a march protesting against a national referendum in the Baltic port of Gdansk yesterday. It was the first serious disturbance of the day as poles cast their ballots in the referendum on economic austerity measures and limited political concessions. Reuters
      Reuters  -  49 words
    • 29 20 Reuter THE United States launched a powerful Titan rocket on Saturday night, which experts believed was carrying a secret military payload into orbit. Reuter
      Reuter  -  29 words
  • Page 20 Advertisements
    • 429 20 Get your free dippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1 Singapore—Asean trade up sharply in first nine months. 2 Consultants appointed for expressway surveillance system. 3 A $64m suit has been filed against Hendra Rahardja. 4 High-tech
      429 words

  • SHIPPING TIMES
    • 469 21  -  From KINGSLEY WOOD THE AUSTRALIAN Shippers' Council (ASC) has refused to accept a 15 per cent increase in freight rates to be imposed by the Australia/Singapore and West Malaysia Outward Conference (Ausmacon) from Jan 1. Executive director, Mr
      469 words
    • 195 21 Seatrade Week SOUTH KOREA and the US have held talk* in Seoul to expedite the opening up of Korean trade to companiee in the United States. The US wants its shipowners to be stole to participate in the traneportation
      Seatrade Week  -  195 words
    • 304 21 Lloyd's List MAJOR UNITED STATES container ship operator Sea-Land has claimed that its purchase at an auction of five United States Lines's vessels has given it the most extensive network in the Pacific trades. Chairman and chief executive officer, Mr Robert Hintz, said
      Lloyd's List  -  304 words
    • PORT SIDES
      • 84 21 AP SOUTH KOREA'S Hyundai Engine and Machinery Co has recently received US$3O million worth of orders from European shipyards to build 10 diesel engines, the company said. Hyundai officials said the engines. each 170,000 horsepower, will be installed in ships under construction by Denmark's Burmeister and
        AP  -  84 words
    • 426 22 FT THE BRITISH Electricity Industry has unveiled plans to build a port on the English Channel capable of importing up to 8 million tonnes of coal a year from low-cost producing countries such as Australia and Colombia. The port, including new
      FT  -  426 words
    • 125 22 UPI AN INDONESIAN lumber carrier bound for South Korea sank In the East China Sea on Saturday but 18 of its 20 crewmen were rescued. Japanese maritime officials said a search for the two missing seamen was continuing. One rescue seaman suffered slight
      UPI  -  125 words
    • 226 22 Reuter THE WORLD'S independent tanker owners are frustrated at the apparent United Nations inaction on the Iranian-Iraqi war in the Gulf, the chairman of the tanker owners association said. Basil Papachristidis, chairman of the International Association of Tanker Owners (lntertanko), also told diplomats in
      Reuter  -  226 words
    • 173 22 Reuter A DUTCH shipyard is bidding to supply Saudi Arabia with minehunters, its director said. Johan Smit of the Van der Giessen de Noord shipyard near Rotterdam said the offer was submitted recently in competition with a number of other European
      Reuter  -  173 words
    • 830 22 AB Shpg V 5 ABC Container VM 1 Accord Shpg VI 3 Ahrenkiel liner XI 3 Africa Oceon XII 2 Alltrans v* 3 AC Toepfer XI s Ameocon Tpt XII 4/5 Anro Service IV 2/3 Arrow lines IX 5 Asian Ocean VI 1 Afkn line X 5
      830 words
    • 1487 22 ACTIVE chartering to cover iron ore cargoes for discharge on the Continent featured the freight market on Thursday along with continuing steady rates for grain out of the US Gulf and further evidence of Soviet time-chartering, shipbrokers said. Iron ore operators arranged business from Dampier to Port Talbot
      1,487 words
    • 302 23 Lloyd's List RENEWED action has been promised against oil charterers and tradars who default on demurrage payments and cost tanker owners an estimated US$5OO,OOO a day. The International Association of Independent Tanker Owners (Intertanko) says the US$5OO,OOO represents interest lost in outstanding demurrage. Intertanko director
      Lloyd's List  -  302 words
    • 145 23 Reuter AN INDONESIAN Navy patrol boat fired on a Taiwanese fishing trawler that ignored orders to halt, the Indonesian Armed Forces Information Office said. Three of the 16-member Taiwanese crew were killed when the trawler waa machinegunned last week, a spokesman for their
      Reuter  -  145 words
    • 905 23 FRESH SALES have been very slow to develop in the demolition sector. Brokers said the Taitni Career, motor ore carrier of 15,144 light tons built 1969, has been sold to Taiwan for about US$2l2 per ton with sale in October at about US$22B to US$23O having failed. The
      905 words
    • 106 23 AP A DANISH container ship on Saturday plucked 10 craw member* from rough saas of a small Chtnasa cargo vassal that sank near Hongkong but another three people were missing, according to a Hongkong Marine Department official. The Danish ship Louis
      AP  -  106 words
    • 240 23 J LAURITZEN A/S has taken over the newbuilding contracts for two reefers being built at the Taunetahi yard in Japan. The two newbuildinga will be the wortd'a largeet special-ly-built reefer shipe. and are to be delivered in April and June 1968 respectively.
      240 words
    • 8493 28 §®aBG)OQLB 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.
      8,493 words
    • 1207 29 AT CONVENTIONAL WHARVES KM WHARVES B#rtn Arrival Co lorn* K30 olongside 30.11/1500 Doning K29 alongside olongside 01 12/2300 Dooloi K36 30.11/1800 Equator K22 alongside 30.11/1800 re novm KI5 alongside 30.11/1200 Huang long K27 alongside 30.11/1830 Jiang men K33 alongside 0312/2300 Koheng K2I alongside 0312/2300 Kola Kotu K3I
      1,207 words
    • 2032 30 A—B AB Shipping Boustead Shpg Agencies ABC Container-tin* NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Linos Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrana Ailtrana Express. American President Lines
      2,032 words
    • 227 32 Cargonews Asia THE AVERAGE waiting time for ocean-going ships in Tanjung Priok harbour has been increasing recently. The waiting time has reached 11.53 hours in the first half of this year, almost double the waiting time in the same period of 1984, which averaged 6.20
      Cargonews Asia  -  227 words
    • 328 32  -  From KINGSLEY WOOD BHP PETROLEUM has reached record levels of exploration activity with its chief executive Peter Willcox ticking off 10 countries where his group is drilling or engaged in seismic programmes. Australia and the United States are getting the most
      328 words
  • Page 21 Advertisements
    • 737 21 Sc *T7 Amirt'e »t Good Bookshops Published by CtnilxidQt University Press. UK trn c. of ££***53 STP Distributors WWr OiyENT OVEIQEAS Gtnbim* UWE U 221*011 TELEX NO RS 2*179 TEMtINAL/CfS T* *****11 220 BOOKINGS TH *****34 235 HSAM JAMMNC SHIPfINS AGENCIES MM. MB. PONT KELAN6 TEL 3WUI Tate Hi MA3M77MAS7BI
      737 words
    • 116 21 THE BRITISH Electrkfty Industry has unveiled plans to build a port on the English Channel capable of importing up to 8 million tonnes of coal a year from low-cost producing countries such as Australia and Colombia. Page II RENEWED action has been promised against oil charterers and traders who default
      116 words
    • 606 21 s iNoA l><)Rh TIMES I STP Distributors Ttm»» Fub*s#w>s Croup MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DATS Vaaeal Voy (por* This LAUST M Closing Jmt CY 2/12 2300 MRS CFS 2/12 1300 MRS LAU6T M 8714 ANDERS M 8718 AXEL M WOC M TOKYO 8802 LUNA M 8802
      606 words

  • Page 22 Advertisements
    • 640 22 CSAV Corronn .i SudAmK-ncjnn do Vjpcrcs S A. SERVICE to/from CHILE FEEDER VESSEL I SPORE I BOTHER VESSEL HK ARICA KJQ ANTOf VAtP SAI CSAVI «A 2 IWSLE ST AH 11/12 *P W W CSAV 2 t/12 CAR CASHIER 31/1? 3/1 CSAV I 17/1? 24/12 1/2 10/2 13/2 CARGO FOR
      640 words
    • 17 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 410 22 CHARGEURS REUNIS 1 DIRECT SEMI CONTAINERISED SERVICE TO WEST AFRICA S PORE LA-REUNION P NOIRE P GENTIL/LIBREVILLE DOUALA RAINBOW AVE 2*12 KB CR DOUALA 14/12 24/12 S» 7/BI 1 ALSO ACC*PT CAMOO TO MAUWTIM, LUANDA. ■Aim iraiAMCNA. MAMKY, OUAOAMUMU, WOM I COMKANY, MO AM. VAMAUMOUKM, HAMAD* PHAMCCMLU, WfUZAWUC, NOUAKCHOTT ON
      410 words

  • Page 23 Advertisements
    • 940 23 The Straits Steamship Group Mansfield Container Shipping Re Ltd COMTMCRSW smnct TO UK/CONTMEIfT: TM/lpf P&O i(*VA>L Containers Limited LAJKt BAY HONE KONG EXPRESS ciibman bay MNLBONBAV nuiainwT express OSMU MT cm or emnburch Spirt P.Klm( afu mm mm mm mm uru am vm 22/12 mm mm mm mm mm um
      940 words
    • 480 23 Flag Duration Int. party J t L l '.l i I vm 1320 Twin screw with Kort nozzle Indonesia Min 3 Months ti Contact M/S SWISS At T«l: *****88 EUROPE g ac mm USA PANAMA F1 I ■■IJJLJ HI I I' J' 11 MJI ILK !U1 22J1 27J1 MJI HJt
      480 words

  • Page 24 Advertisements
    • 296 24 SE Hapag-Uoyd CONTAINERStiIP SERVICE TO UK/CONTINENT CONV SEMI CONTAINER SERVICE TO EUROPE CONV.SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK'CONTINENT PK S'portlHK KAO »<•€» Bay •km hmt *1 11/1 Mp U/l I*l 17/1 lid w a;i an 21/1 23/1 2*l 2*l 12/2 14/2 25/2 27/2 JSTantaiTine FAR EAST
      296 words
    • 343 24 kc:» I*. LINE MM sm**mc cfHuri— FULLY CONTAINERISED SERVICE I ill I V CONIAINf RISE 0 10 (ROM NORTH RMtRICA Af S1 'OASI CONVLNTIONAL SERVICE TO PERSIAN GULF VESSEL KUANTAN S PORE LOADING FOR CRYSTAL WEED 10/12 DUBAI. DAM GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M (0
      343 words
    • 218 24 T/a FREIGHT LINKS EXPRESS m PTE LTD NEW WEEKLY DIRECT SERVICE TO COtDMBD: SAILING 2/12 12/12 B®l FOR: PORTO. LISBON, ORAN. BILBAO 6/12 MADRID. MALAGA. MELILLA 11/12 TANGER, TENERIFE, LASPALMAS TUNIS. VALLETTA, IRUN. CEUTA ALGIER ISTANBUL U.S.A. SIN LBH NYC ALSO ACCEPTING TO: 8/12 27/12 2/1 CHICAGO. BOSTON, JAV, PHIL.
      218 words
    • 730 24 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURQ/FE) ANNOUNCEMENT TO SERVE TOU BETTER WE HAVE INCREASED OUR SAILING FREQUENCY FROM SINGAPORE TO THE U.S. EAST COAST TO 2 SAILING A WEEK AND WITH FASTER TRANSIT TIMES WE NOW MAKE IT TO:NEW YORK CHARLESTON BALTIMORE NORFOLK IN 35 DAYS IN 36 DAYS IN 37
      730 words

  • Page 25 Advertisements
    • 1007 25 PACIFIC INTERNATIONAL LINES YV\ PIL Building, 140 Cecil Street, C 3-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE vesml HOT A EAGLE MAJAPAHfT QOWA VOY SIN JKT MY VOY SIN poo mkq kao kh mtc yok moo jtoi jus ma I*l2 12/12 14/12 MM I*l* I*l2 24/12 28/12 2*12
      1,007 words
    • 491 25 \a BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI AND SOUTH PACIFIC ISLANDS JCPStW SOUTHLAND VOT MS SIR NOUMEA AKL TA 7/12 27/12 3/1 S/l SIN NOUMEA AKL T6A NAP TIM TIM/IT TIM/ON BLUFF 1/1 23/1 29/1 2/2 4/2 t/2 «/2 «/2 I<*2 ACCEPTING
      491 words
    • 574 25 if l\, DJASAGETRI A Joint Europe Servteo Of: P.T. MMUtTX LIST# P.T. tESRM HOT# P.T. MMRRERA HMRRESM P.T. TMKMA HOT# EXPRESS SEMI CRNTAINERSMP SERVICES SINSAPRRE TR ERRRPE RRRAO m-nni I |-o RDM irMK/Mfln zm BmM, Part Mnanßrlt. Qom#, Trtaate. ALSO ACCEPTING ROTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TC PORTS, NULL.
      574 words
    • 298 25 BOUSTEAD SHIPPING AGENCIES PA-AN vum PAGAN VlflW PAGAN VWW BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok lIHOK M DK M/»Dk BANK LINE PRO-ATLANTICA VIN (CALLING LEIXOES 1/1) TAUSALA SAMOA VIIN MORAYBANK V4N CLYDEBANK V22N MORAYBANK V4S Sport In Port FORTHBANK V2IS Sport 21/12
      298 words

  • Page 26 Advertisements
    • 1336 26 A* lk K"LinE SHIPPIfIG OPITPI ATLAFITkC COAST (Round-The-World Service) •PK/PNG STORE LB CHLS NFK MYC HFX NEPTUNE JADE VlO 21 Nov 3Ok X Dec S Jan 7 Jan 9 Jan 13 Jan ORIENTAL FAIR V 6 5 Dm 10 Dec 2 Jan 12 Jan 14 Jan IS Jan 20 Jan
      1,336 words
    • 669 26 'M AUSTRALIA EXPRESS CONTAINER SERVICE AccMpNng FCL/fCL ConMiwrt PMmfSnS Spore IkMt Fran. S** Ate Acre*! ya il 12 M* AMBm MVIOAS V» H Jo" S F«» 14 F« U Feb Adet/Bns INDIA EXPRESS CONTAINER SERVICE AecpNng FCUFCL Contain* ro SO NA6ALANO VJ7H lOK JL 10TTE SCHEEL V I lOk mSSSSSC^
      669 words
    • 537 26 KjgJ P T PERUSAHAAN PELAYARAN v KALIMANTAN x WRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK Vtsaol ETA/ETD NIAGA XXXXII Voy 20/17 2/3 Ok NIAGA XXII Voy 24/17 3/4 Doc NIACA XXI Voy 23/87 6/7 Dac NIAGA XXXXII Voy 20/17 10/11 Ok NIAGA XXII V«y 27/17 13/14 Dk NIAGA 1/2 DK NIAGA
      537 words
    • 377 26 PHILI OniCNT LIN€S PT( LTD "Cf 13 sot *<scs r' t r i,( A 4 ?-IDA j S S r ihii ps re'?d ph 11> EAST/FAR EAST FCL A LCL SERVICE Jfl n* 5/12. 11/11 Wl 22m KSf 11- r UK/EUROPE SERVICE ffll 13/12 L*2ZD m mi 1m A a-3
      377 words

  • Page 27 Advertisements
    • 931 27 \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE HILLY CONTAINERISED SERVICE A TO EUROPE/UK (VIA SUEZ): P s>of m txioa m... (2*/ ii) dpi 17/12 SS BRIDGE (M > «/12) 6/12 24/12 A CONCOROIBB. (7/12) 9/12 27/12 K CHANCE ML (11/12) 13/12 31/12 N DIAMOND T0T.... (11/12) 20/12 7/1 0 CHIEF SOT.
      931 words
    • 461 27 HEUNG-A SHIPPING Korean Flag Vessels DOW AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON S POW AbIMS NM'FuN* A .tNI MA a»S'A AiJMS T. I% A S I A N[)% *H|> M 1 V'V*> HIIH i* IN. nJ ,I r CEYLON SHIPPING CORPN National Line of Sri Lanka
      461 words
    • 656 27 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. ttLAMG KMIK m/S handling SYSTEM CO SON BHD MESSRS HAI THONG SHIPPING 127 FW» Stmt. Pmit
      656 words
    • 37 27 ZJ* EMBASSY/FRIENDSHIP FREIGHT SERVICES JOINT CONSOLIDATION TEL: 2MM73/29M232 FAX 2MOM2 TLX: AS 372S7EFS WEEKLY LCL/FCL CONFERENCE/NON-CONFERENCE SERVICES TO: EUROPE ANTWERP/ HAMBURG/ Lf HAVRE/ ROTTERDAM/ UK/ SWITZERLAND FAR EAST BANGKOK/ HONGKONG/ KAOSHIUNG/ KEELUNG SOUTH ASIA BOMBAY/ KARACHI/ MADRAS
      37 words

  • Page 28 Advertisements
    • 259 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 <30 L>nesi FAX *****39 *****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO VE.B DtUTFBACHTSEEREEDEREi INTEGRATED FULL CONTAINER SERVICE TO EUROPE USARAMO 9HIV W RUHLANO 7/07 11*12 LANCTTE 2/«7 |*1| *1 |I*l |«H •VIA COLOMBO: Accepting car fo for INDIA Bombey,
      259 words
  • Page 28 Miscellaneous
    • 166 28 Regional Weather m 1 a! A 0 to* iks *8 m V K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. ■c cf w Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature C X\ A Weather Wmd direction with speed in knots Q,n Wave
      166 words

  • Page 29 Advertisements
    • 862 29 PERKINS PERKINS SHIPPING PTY. LTD. DIRECT SERVICE TO DARWM/PT. HEDLAMO'/BROOME* Accepting Braakbufc, Haavy-MR, Contains ft RO/RO Cargo** VSL: FRANCES MY V.71 ETA/ETD S'PORE l|!Dic ETA DARWIN II Ok VSL: FRANCES BAY V.74 ETA/ETD S PORE if* Jan ETA DARWIN 12 Jan VSt: FRANCES BAY V.75 ETA/ETD S'PORE 3 Jan HA
      862 words
    • 235 29 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. Q IRAQI LINE *»0> S'i'f Sf »C« Mt T»»*S»C»' EAST BOUND SERVICE ETA S POKE LOAMNC FOR m lAS* AH MV BAGHDAD WEST BOUND SERVICE ETA SPORE LOAOIN6 FM VU MM, A*ta. 15/12 MM), A^ata. THROUGH B/Ls ta BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS
      235 words

  • Page 30 Advertisements
    • 557 30 MM I IMH Sill |*l'l I'l I I II > n roim: SI RVK 1: FAR EAST SERVICE rn rrrri m ((U 11/12 UP2 MM uo: wij mi mv nv a-u an n,v vv MIDDLE EAST GULF SERVICE Sll'ytX'KltDtH? WEEKLY HKG/CHINA SERVICES TATSUMI MARINE CO. LTD. JAPAN DIRECT SAILING TO
      557 words
    • 418 30 ZIM FULL CONTAINER SERVICE Wast Coast, Carribboan.Ejst N. ST. LUCIA. FCIACL urfM to USA EMt A HAITI, Port Au Spin, Barbados 'I l| —"M ll 1 111 I m rrr .in 1 ir. =tt= ZIM TRIESTE ZIM AUSTALIA ZIM SINSAPORt accepting cargo to aoelaide via Melbourne and also rci to
      418 words
    • 581 30 Everett Lines! I TC& COMPANIA PERUANA Di VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, HAT ARAN I, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBEON CPV THROUGH BILL Of LADING TO FINAL DESTINATION. Pananf* P. Kaianf* Sinf*are MURRAYEVERETT 1/2 OK JOHNEVERETT 2/3 Dec THOMASEVERETT 12/13 Dec "EVERETT ORIENT
      581 words

  • Page 31 Advertisements
    • 191 31 ACCEPTING CO«T mm P.T. TYTYAN SAMODRA SHIPPING COY Envi Services Pte Ltd ahrenkiel liner service CONTAINER LCL SERVICE TO PORT LOUIS DURBAN I i:WU?IaLkCCEfmNQ BREAKBULK.CONTAMERS FROM RICHARDS BAY. DURBAN PORT LOUM.I ALS DEDICATION ALS PROSPERITY ALS CONFUENCE II BAY VtOOE S«M«d V6IE S«N«d VBSE 14/12 MM (M/ 12 In Port
      191 words
    • 629 31 -."i) THE NATIONAL SHPPINQ COMPANY Of SAUOI ARABIA REGULAR RO-RO SERVICE TO USA/CANADA SINGAPORE I P KELANGI BALTIMORE! NORFOLK I NEW ORLEANS n'M riv 11 Imn i: v J>.< EMZD nrrr Alio Accfllm FCL Cortuintn for Charlooton. Miami. Tampa and US Inland Points. Via Baltimore Aland: mrm Stmart Malaytu SEGANI
      629 words
    • 324 31 Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI ft OTHER POUTS EM. rFOtEEM. PKLG CONSOLIDATION SERVICE FROM: SINGAPORE/P.KEIAN6 Jin i.lli I 1 linn MARITIME TRANSPORT MANAGEMENT PTE LTL ILIYANA LI AN SENG HIN FAYROUZ2 TA CHOON EVER SPLENDOUR SABANA SATU 1- 3 Dk Manila 1- 3 Oac Part
      324 words

  • Page 32 Advertisements
    • 321 32 Hai Sun Hup Co (Pte) Ltd -ft .vfuwh t?o liiPM TLX HS A RS ?oh7? \S|| K\ \K I l\l K I Il> STRUTS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN ASIAN SEKI VOY NO. S'pore Tokyo* Osaka 17 Dec Yokohama 23 Doc 19 Doc Nafoya IS
      321 words
    • 475 32 o COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD> EXPRESS SEM-COWTAfCP SERVICE TO WK) ATLANTICA VIN TAUSALA SAMOA VUN MORAYBANK V4N CLYDEBANK V22N Caltmi Laiiow 'Mm lni>Mm Fa to Mm HK NULL (U.K.) m 270 ttt I SPORE MORAYBANK V4S h» Pwt FORTH BANK VZIS 2M2 A_L AFrka Ooan
      475 words
    • 135 32 f nfi9 /:/7'j/.•)/■] LCL WEEKLY SERVICE TO: KfflJK 2/12 MM/nai 1/12 IMM 2/12 Willi 1/12 tmmnm 2/12 tubwy 8/12 HOMMTLE 7/12 SYB/IKUI IS/12 WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 4607 CON-CARRIER 47/S7 ETD GERMANY ETA S'PORE mi 1/12 17/11 1/12 LCL SERVICE TO CARRIBEAN PORTS ST. VINCENT, GRENADA, ARUBA, GRAND
      135 words
    • 715 32 /Illill CALL US AT: •"t 1 P. KELANG *****53/*****11 g 1 PENANG *****122/4, *****3 nvnn&n=z I S Sc I waS!. *****5. sum. smn IXAJUtB)U=D IBM gBBS j say WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE ozzzai MTHR VSL B SURIA SELANWA OTHER DESTINATIONS: AARHUS AMSTERDAM ANTWERP. BASLE. BREMEN BREMERHAVEN COPENHAGEN
      715 words