The Business Times, 2 December 1987

Microfilm: NL16037
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 112/12/86 WEDNESDAY, DECEMBER 2, 1987 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    158 1 Overseas markets Tuesday HK Hong Seng Index 2106.55 (-29.84 Tokyo Nikkei Average *****.891+146.11) Sydney All-Ordinaries 1303.3 (-24.9 Monday New York (Dow Janet) 1833.55 (-76.93 London (FT 30 Index) 1250.91 (-57.3) (Tuesday noon: 1247.3 Exchange rata* US*: 132.95/133.05 yen 1.6470/80 DM SS2.0265/75 MS: SS0.8129/36 Simax Euro-S (Mar) 92.29
    158 words
  • Article
    Search for peace in Cambodia
    86 1 THE SEARCH for a solution to the nine-year-old Vietnamese occupation of Cambodia comes into focus in Paris today when Prince Norodom Sihanouk meets the Vietnamese-backed Cambodian Premier Hun Sen. While many countries around the world are hoping for a breakthrough to end the prolonged suffering
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  • Article, Illustration
    Recovery in Tokyo stems price slide
    366 1 SHARE PRICES in Singapore yesterday tumbled during morning trading but steadied towards the close on the back of a firmer closing in the Tokyo market. A wave of selling hit the market when trading started yesterday following news of weak performances in foreign exchanges
    366 words
  • Article
    Lock icon Dow Jones up
    56 1 Reuter WALL STREET stocks were moderately higher early yesterday, with blue chips extending the advance. Brokers related the gain to improvement in the dollar, though it was propped up by concerted central bank support. The Dow Jones industrial average rose 23 to 1857 and gainers led declining
    Reuter  -  56 words
  • Article
    UK stocks retreat
    46 1 AFTER an early attempt to recover, London shares fell back slightly in mid-session yesterday in nervous trading. At 1200 hours GMT, the Financial Times 30-industrial share index loet 3.6 points at 1,247.3 and the Footsie 100-share index was down 0.8 point at 1,579.1.
    46 words
  • Article
    Central banks buy dollars
    264 1 THE US DOLLAR rallied yeeterday as major European central banks joined the Bank of Japan in a co-ordinated buying support to lift the battered greenback. Dealers said West Germany's Bundesbank and the Bank of England were buying dollars, while the Swiss National Bank said it intervened
    264 words
  • Article, Illustration
    Lock icon Sir Joh quits Queensland politics after week-long fight to remain premier
    280 1 Reuter SIR JOH Bjelke-Petersen yesterday ended his 19-year reign over Australia's most conservative state when he abandoned his battle to remain premier. An uncharacteristically nervous Sir Joh announced his resignation as premier and from parliament on Australia's national television
    Reuter  -  280 words
  • Article
    Ministry expects trade deficit to widen to $6b
    452 1  -  RECORD DEFICIT OF $8.5b WITH JAPAN PROJECTED By BOEY KIT YIN SINGAPORE'S trade deficit is on the rise again this year after narrowing for the past two years. The Trade and Industry Ministry has projected that the trade deficit will widen from
    452 words
  • Article, Illustration
    Novel refinancing package gives JTC fixed rate option
    564 1  -  By ALVIN TAY Banking Correspondent JURONG TOWN CORPORATION (JTC) yesterday completed a year-long exercise to refinance a $470 million loan, devising, in the process, a novel package that gives the statutory board tha option to convsrt floating-rate notes into fixed-rste bonds. The
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  • Article
    Lock icon EC foreign ministers lay groundwork for summit meeting
    322 1 AFP COMMON MARKET foreign ministers wound up a meeting in Brussels on Monday after deciding on the major issues, including the budget until 1992, that the EC summit meeting in Copenhagen will have to rule on Friday and Saturday, official sources said.
    AFP  -  322 words
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      139 1 FINANCIAL TRADERS SYSTEMS Enquiries Tel: 273 9888 Jhc tii KM I Rentals Yon make the presentation we'll handle the rest 100"Sony Projection System $800/ day. Ideal for seminars, conferences, and training classes. Also available. 45" screen at $400/ day. Multiple System Colour TV and Video Recorder For training and retail
      139 words
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      Page 1 Advertisements Column 2
      398 1 >~!*?"=+},\]%+'^:";;[<%)[!$$)(@ Will the Philippines go left? THE POSSIBILITY of a left-wing or even a coalition government with left-wing ministers in the Philippines would have been a far-fetched scenario six months ago. Although no one doubts the determination of Philippine President Mrs Corazon Aquino to steer her country away from such
      398 words
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      Page 1 Advertisements Column 3
      78 1 Shipping Tlmaa comaa aa a aaparato taction today. Maka aura you gal your copy. SOME OF SINGAPORE'S MOST SUCCESSFUL COMPANIES USE /H€RRY PERSONAL COMPUTERS. WE MUST BE DOING SOMETHING RIGHT. For our corporate clients list and more details about Sherry computers, visit any of our authorised showrooms: /H€RRY with you
      78 words
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  • HOME NEWS
    • Article
      Ryder takes stake in local freight company
      468 2  -  By TONG SUIT CHEE A LEADING AMERICAN freight and customs services company has bought more than 30 per cent of a Singapore-based freight-forwarding company. Ryder International Freight and Customs Services Inc announced the purchase of Air Cargo Novo Express Re Ltd yesterday. The
      468 words
    • Article
      Travel agents feel a hotel's location is more important than price and service
      418 2 SINGAPORE travel agents put location ahead of price and service as the most important factor when selecting hotels for their clients. This finding comes from the 1987 Travel Industry Survey conducted by Survey Research Group, an independent
      418 words
    • Article
      On geotechnical engineering
      151 2 THE Nanyang Technological Institute opens its fifth international seminar on geotechnical engineering today. The three-day seminar is being held at the NTl's School of Civil and Structural Engineering. It features papers from the Mass Rapid Transit Corporation, the Port of Singapore Authority, Ministry of the Environment, Housing
      151 words
    • Article
      Corrections and clarifications
      50 2 IN YESTERDAY'S report headlined "Plan to launch team MPs in the next election tabled" it was stated that between 33 and 39 constituencies would be involved initially in the team MP concept. It should have read "between 30 and 39 constituencies". We are sorry for the error.
      50 words
    • Article
      Number-to-number service to Bulgaria
      48 2 TELECOMS has introduced the number-to-number telephone service to the People's Republic of Bulgaria. Until yesterday, only the per-son-to-person service was available. The charge for the number-to-number service is $19.50 for the first block of three minutes and $6.50 for subsequent blocks of one minute.
      48 words
    • Article
      BA panders to the business traveller
      497 2  -  By SOH TIANG KENG BRITISH AIRWAYS this week unveiled a £25 million (5J92.5 million) investment package to pander to the needs of the business traveller. It is the new business class travel plan, marketed under two business brands Club World and Club Europe to
      497 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      199 2 MICHAEL WOLFF has been appointed chairman of Allied International Designers Ltd. Mr Wolff made his reputation in corporate identity work for clients such as Bovis, 3i, P and O. the BOC Group, Volkswagen and Renault. MOJO YOKOTA is now director of the Japanese business services group of
      199 words
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      5 2 ■v fif 7 W7* i»
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    • Advertisement
      Page 2 Advertisements Column 2
      74 2 WORLDWIDE EXPRESS* Prompt pick-up and delivery 24 hours a day K-tif ,>r jh irf m i"VS mm =v j •f!» t.: i a™? AS THESE COMPANES HAVE DONE PRICE WATERHOUSE KEPPEL SHIPYARD F.M.C. SOUTH-EAST-ASIA GOLDEN MILE SERVICES I 4 KEPPEL CORPORATION FAR EAST LEVINGSTON SINGMARINE INDUSTRIES ROCKWELL INTERNATIONAL STRAITS STEAMSHIP
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  • ASIA – PACIFIC
    • Article
      Lock icon Israeli election dominating shape of budget proposals
      334 3 FT THE FORTHCOMING general election in Israel to be held some time within the next 12 months dominates the shape of the government's 49 billion shekel (US$3l billion) budget proposals for 1988-89, presented on Monday to the Cabinet. The Treasury-drafted proposals seek cuts
      FT  -  334 words
    • Article
      Lock icon South Korean exports likely to be up 32.5pc
      270 3 AP TRADE and Industry Minister Rah Woong-bae predicted on Monday that South Korea's exports this year will be up 32.5 per cent from last year, the highest growth rate In 11 years. The projected shipments, a record US$46 billion, represent an increase
      AP  -  270 words
    • Article
      Lock icon Keating says Australian budget surplus possible
      123 3 Reuter AUSTRALIA could record a budget surplus in its current 1987/88 fiscal year ending June 30 instead of the As 27 million deficit projected in the mid-Sep-tember budget. Treasurer Paul Keating said. "We think the budget this year could very well drift into surplus
      Reuter  -  123 words
    • Article
      Lock icon Mixed impact from slump
      78 3 Reuter NEW ZEALAND can expect lower inflation and interest rates, but higher unemployment and a limited drop in retail spending as a result of the recent share market slump, NZI Bank Ltd senior treasury economist Rodney Dickens said. A retightening of monetary policy is expected, he
      Reuter  -  78 words
    • Article
      Lock icon Taiwanese investments in the US up
      101 3 AP TAIWANESE invested a record US$lOl.4 million in the US in the first 10 months of this year, an increase of 128 per cent from the same period last year, the Taipei government reported yesterday. The Investment Commission attributed the increase mainly to the
      AP  -  101 words
    • Article
      Lock icon KL to divest stake in SMEs to bumiputras
      431 3 MBT THE MALAYSIAN government plans to divest its stake in smalland medium-sized companies (SMEs) with total investment amounting to Ms2lo million to bumiputras over the next four years. Datuk Dr Yusof Noor, Minister in the Prime Minister's Department, said. Companies with large
      MBT  -  431 words
    • Article
      Lock icon Growth is the answer: Armacost
      314 3 Bernama ES THE PHILIPPINES managed to turn around its sagging economy by following strictly the austerity measures of the International Monetary Fund, a TV forum was told last night. Dr Bernado Villegas, senior vice-president of the Philippines' Centre for Research and Communications, felt that if
      Bernama ES  -  314 words
  • Page 3 Advertisements
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      233 3 X. "H ¥mm •ysw# ">"** A Little wonder they don't build cars like they used toBuilding a pen is difficult enough. Oh, the elegant lines of the 1925 Hispano Suiza. Oh, the elegant lines of the 1927 Parker Duofold. The car may no longer be available but happily the pen
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      80 3 V/"' Adoloido Amstordom Athens Bohroin Bangkok Barbados Singapore OUTLOOK: Showers over Hwril irui In -ft,,, nWfi• Report for 24 hours prior to 7.30pm on Doc 1 at lha airport: Hra of aunaMno 1.5 C Rainfall In mm 3 J Rainfall thia mti 1 Rainy days Ma mth 1 Moscow Nassau
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    • Miscellaneous
      Page 3 Miscellaneous Column 2
      76 3 Doonesbury as m TIE w I MAS TH/NKJNG OF HEAD/N6 BACK W OUR OLD STOPPING GROUNDS IN DC! ONVPHOBLBM tS THEY JUST STAKJW FENCING OFF ALL THE GOOD SIMMY STATIONS! Attn THAT JUST I vepnsf 9. 1 tt BY GARRY TRUDEAU OH, WELL, AT LEAST I GOT MY MENTAL HEALTH,
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Prospects of 50pc cut in long-range missiles'
      565 4 Gorbachev discusses many topics in US TV interview IHT SOVIET LEADER Mikhail S Gorbachev said in a television interview on Monday night that "there are real prospects" of a 50 per cent cut in US-Soviet long-range nuclear missiles and that as long as
      IHT  -  565 words
    • Article
      Lock icon Latin summit stand on Cuba pleases Castro, say diplomats
      185 4 Reuter A CONSENSUS that emerged at a summit meeting of eight Latin American leaders to re-admit Cuba into the Latin fold can only please Cuban President Fidel Castro, diplomats said. "Fidel must have a big grin on his face. But he
      Reuter  -  185 words
    • Article
      Lock icon Get your act together, Volcker tells Western nations
      466 4 IHT PAUL A VOLCKER, former chairman of the US Federal Reserve Board, has warned of "potentially abrupt and disruptive market reactions" if Western industrial nations do not take coordinated steps to restore balance to the world economy. Speaking at a ceremony marking
      IHT  -  466 words
    • Article
      Lock icon Natwest sees lower OECD growth prospects
      414 4 Reuter ECONOMIES of the Organisation for Economic Cooperation and Development (OECD) will grow only 1% per cent in 1988 following last month s stock market collapse, down from earlier projections of 2% per cent growth, the National Westminster Bank forecast. There is a 25
      Reuter  -  414 words
    • Article
      Lock icon US budget delay brings OECD funding into disarray
      143 4 Reuter THE FUNDING of the OECD. the non-communist industrial nations' economic affairs "think tank", is in disarray because of delay in passing the 1988 US budget. Diplomats said the US contribution to the 24nation Organisation for Economic Cooperation and Development is usually
      Reuter  -  143 words
    • Article
      Lock icon Comecon nations normalising relations with EC
      319 4 NYT AFTER THREE DECADES of hostility and estrangement, the trading bloc grouping the Soviet Union and its Eastern European allies is moving to establish diplomatic and commercial relations with the European Community. The normalisation of ties with the 12-nation Community, expected to be completed
      NYT  -  319 words
    • Article
      Lock icon A record six million visitors expected in Hawaii next year
      198 4 AP HAWAII will be visited by a record six million people who will spend up to US$7 billion next year, tourism officials are predicting. Hawaii's visitor count, with 4.8 million through October, is running 3.5 per cent ahead of last
      AP  -  198 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      881 4 ARRIVALS Operator S*rvk» number Local tinw From OA OA47I 0015 ATH su son 0115 LAX/NTT UA SU UA605 0120 SFO/HKG MAA SQ41 0610 SiA SQ47 0655 Ml MAS MH661 0620 KUL KAL «624 0650 KUL SU SQ31 0650 PA6/ROM «N MAS MH611 0910 MAS MH671 0920 KUL
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      Page 4 Advertisements Column 1
      223 4 The automatic chronograph Dm Vinci from IWC with perpetual calendar and moon phase indicator. It is a beautiful proof that the future does not bekmg to the computer only. That the future belongs to the automatic chronograph Da Vinci from IWC is because of its remarkable mechanical watch movement with
      223 words
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      Page 4 Advertisements Column 2
      55 4 I M I I m|% I The business person's choice, every I I II \I I Iff II I Tuesday. Thursday. Saturday and Sunday. I M ffl I Ml Leaving Changi Airport at 22:05 V>/JL 1 hours and arriving Heathrow eorly the following morning. Call your Travel Agent or Air
      55 words
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  • COMMODITIES
    • Article
      Lock icon Higher tin prices seen in the long term
      203 5 Reuter TIN PRICES may end 1987 below the level they started out at but they are likely to rise in the longer term, Elizabeth Mayo of Tin International told the Third International Tin Symposium in London. Excessive tin stocks built up before
      Reuter  -  203 words
    • Article
      Produce Prices
      236 5 Chinese Produce Exchange Sellers' noon dosing prices on Dec 1 (SS/100 kg) Coconut oil Mk FOB 93.00 OM drum FOB 103.00 New drum FOB 107.00 (USS/tonne, FOB) White Rice 100% 1st doss 100% 2nd doss 100% 3rd doss 5% 10% 15% 320 288 283 278 273 268 Copra
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    • Article
      Lock icon India's crude oil imports to soar
      140 5 AFP INDIA'S crude oil imports are expected to soar to US$2.4 billion during the current financial year, Parliament was informed on Monday. The figure is nearly US$B5O million more than what India paid for importing crude during the last fiscal year, 1986-87 (AprilMarch), Minister
      AFP  -  140 words
    • Article
      Lock icon Rubber
      319 5 Reuter SINGAPORE The market closed slightly higher yesterday with January 1 RSS buyers quoted at 215.00 cents a kilo, up 0.25 cent from Monday's close, dealers said. The morning session lost 0.50 cents in thin trading due to lack of buying interest, they said. But prices recovered in quiet
      Reuter  -  319 words
    • Article
      RAS and MRELB
      240 5 RAS prices In conWkg, FOB in boiot 1 NOON CLOSE Buy or* ftuyors SeHen bit 1 RSS Prompt 216.25 217.25N 216.50 217.50N bit 1 RSS Jon 88 214.75 215.25 215.00 21 5.50 Int 1 RSS Fob 88 214.25 214.75 214 JO 215.00 bit 2 RSS OP 212-50
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    • Article
      SSR and SMR
      83 5 (cann/kg, 1 -ton poMati) JANUARY 88 FEBRUARY 88 (currant month) (forward month) RAS NOON NOON Buy«n S«IUn tuyn S#M#rs SSR 30 315 JO 317.50 215 JO 217 JO ss* so 314.00 316.00 214.00 216.00 MRELB Ivyan S«ll*n lvy«n P.,,.,, SMR CV 370.00 272.00N 371.00 273.00N SMX I
      83 words
    • Article
      London Markets
      318 5 London Commodity Exchange Buyor/SoHor dosing pricos on Now 30 (£/tomo un loss spodfiod). Previous doting pricat in poranfhosis. Coffee Basis In-sforo London, soilors option CIF London Nov •xpirod (1226/1227 High/Low 1215/1202 Jan 1233/1234 (1256/1258 Mgh/Low 1246/1231 SatM (2024) Cocoa Ok 1063/1065 (1087/1088) High/Low 1081/1062 Mar 1099/1100 (1123/1124) High/Low
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    • Article
      Lock icon KL Tin
      97 5 Reuter LOW TURNOVER and continued overseas damand puahad tha Kuala Lumpur Tin Market price nina canta highar yesterday to close at Msl7.lt a kg, daalara aaid. Trading waa thin aa moat minora awaitad highar lovola, with volumo at 45 tonnoa against Monday 59 tonnoa. Furthar falling prlcoa In
      Reuter  -  97 words
    • Article
      Oil and Products
      79 5 TRADING in the Asia Pacific products market was slow yesterday as most buyers and sellers appeared in no hurry to conclude business. Most petroleum products remained relatively stable price wise. OSJ/borfrf Oango IXbat (ion) 16.62 -0.03 Wot> Taitot WT1 Uonl 18.53 -aio Products (FOB S'pore) USS/barr^ OWQ#
      79 words
    • Article
      Lock icon Wheat
      244 5 Reuter CBT WHEAT FUTURES recovered from midday weakness to close Monday on or near the highs, up 6-1/4 cents to one cent per bushel in moderate trade. December settled at $3,09-3/4 after posting a six cent range on the day. Usda's announcement of an additional offer of wheat to
      Reuter  -  244 words
    • Article
      Palm Oil
      456 5 Crudo palm oil futuroa closed marginally higher yesterday on continued buying interest on the Kuala Lumpur Commodity Exchange. Dealers said market sentiment was still strong in line with the firmer physical market. Spot month December rose another $7 to MsBBo per tonne and January added $6 to $880.
      456 words
    • Article
      Lock icon Soybean
      180 5 Reuter SOYBEAN FUTURES recovered from midday lows on Monday, but still closed with losses of 3-1/4 to 10 cents per bushel in moderately light trade. January settled at $6.05-1/4. However, soybean values were on the defensive most of the day due to the sharp decline in the stock market
      Reuter  -  180 words
    • Article
      Precious Metals
      406 5 HONGKONG: Gold closed lower in fairly active trading yesterday on profit-taking following New York's sharp gains, dealers said. They said while sentiment remained bullish, the metal needed a brief correction after its recent strong advance. The firmer tone of the US dollar in late trading, helped by central
      406 words
  • Page 5 Advertisements
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      108 5 Georges' speedy lunch in 59 minutes at only $19.50 (we'll even time ourselves) Or the clock is yours! Reservations: *****55 Ext 8365 La Braatene Georges. In Le Mendwn. 100 Orchard Road Singapore 0923. JLW Auctions Mortgagee's Sale DEVELOPMENT SITE at UPPER BUKITTIMAH ROAD i *11 ik 3/ 999 years leasehold
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      Page 5 Advertisements Column 2
      192 5 AHOME. NOTA HOTEL There's no place like home. Especially after being away for a few weeks on a business trip. But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family who
      192 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      A bit more exposure would help
      799 6  -  By GENEVIEVE CUA EVERY YEAR, huge amounts of money are channelled out of Singapore for production and poetproduction film and video services for the local advertising industry. Blame the fledgling film industry for this financial drain, or the absence of a pool of "able"
      799 words
    • Article
      A closer examination of the DHL-TNT shoot-out
      594 6  -  By MONICA GWEE AS THE TWO PARTIES and back-up individuals weighed their arguments, the newspapers were still not accepting the fullpage bookings for courier company TNT Skypak's advertisement shooting holes into DHL Worldwide Express. Aside from the high feelings and counter arguments, the
      594 words
    • Article, Illustration
      Shandwick aims to set up global network
      494 6  -  By TONG SUIT CHEE THE RECENT stock market crash has not affected the expansion plans of Shandwick PLC. one of the UK's largest public relations consultancy companies, which aims to set up a global network. Peter Gummer, 45, chairman of London-based Shandwick, said:
      494 words
  • Page 6 Advertisements
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      226 6 3 1% s? h:z aou^ CD* a Sen «Hga| *****11 kv. yjs rare i"■ >-- >* -> |K*< .< Wss: Cf v mm MR" j g^ R FINALLY, A SHOWROOM AS BEAUTIFULLY DESIGNED AS OUR FURNITURE. For over two score years, we have been intensely discriminating in the selection of
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  • Page 7 Advertisements
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      124 7 IT WAS A MOMENT OF PROMISE AND FULFILLMENT. A DAY YOU TREASURE STILL, THAT LIVES ON IN AN ANNIVERSARY. OMEGA. FOR THIS AND ALL YOUR SIGNIFICANT MOMENTS. V *r» v i .■r V. r mRegistered Model O OMEGA ALWAYS MARKS SIGNIFICANT MOMENTS. AT THE OLYMPICS. IN THE SPACE PROGRAM. IN
      124 words
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  • FOCUS
    • Article, Illustration
      Political edge outweighs economic costs for the Soviets
      1205 8 THE MULTI-BILLION dollar aid flows from the Soviet Union to Vietnam represent a major cost which is offset by political benefits that accrue from access to military bases. The military presence at Cam Ranh Bay and Danang gives the Soviets a permanent
      1,205 words
    • Article, Illustration
      Historic — but how meaningful?
      1170 8  - Historic but how meaningful? Cambodian Prince Norodom Sihanouk today holds a historic meeting with the Vietnamese-backed Phnom Penh Premier Hun Sen in Paris that could provide a breakthrough to end Vietnam's nine-year-old occupation of Cambodia. But DAVID CHEW of the Foreign Desk examines why such expectations may be unrealistic in
      1,170 words
    • Article
      The ties that bind
      367 8 SOVIET AID has been flowing to Vietnam even before the 1978 Soviet-Vietnamese friendship treaty. Since then, the flow has been enhanced under bilateral agreements in 1963, 1965 and last month. The first such pact was signed on December 18, 1975, when Vietnam maintained a neutral stance
      367 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1298 8 w to mm B 12 PM SRC Text Sample Pages. Opening and Programme Highlights followed by Fashion TV. Coming Attractions. Hollywood Legends Grace Kelly: The American Princess (See highlights). 'Alio 'Alio (Last episode. See highlights). Galapagos The Ocean Travellers. This week's documentary explores the island of Esponola, which is the
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    • Miscellaneous
      Page 8 Miscellaneous Column 2
      47 8 UJHPH* Do YOO of Tne full, colour House, journru J THIS TecHNOUOG>Y IS LoOND€J?FUI P? I™ 6 ®>u)£ jou>ls come OUT of sir R£g*nrld TH6. bloodshot CHcsreß-Peßpy e-^ s Re-Doeß r M e. purpls our BeijoveD PuRPLee VPiRm'S R3OMDCR IQC PS @Even.n 9 Standard Co ltd .19CMM7
      47 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      158 9 ONLY ONE COURIER COMPANY IS BIG ENOUGH TO SAY No to a price increase in'BB for the most reliable courier service And after an exceptioraJ year of productivity and effiaen^ in the world. No to a price increase in '88 for a network that spans 750 able to pass on
      158 words
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  • PERSPECTIVE
    • Article
      No basis for a revaluation
      531 10 ONE COULD sympathise with the US for the little headway it has made in attempting to tackle its seemingly intractable trade problems. But when that includes demanding a country whose merchandise account has consistently been in the red to revalue its currency, one cannot but
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    • Article, Illustration
      Leaders to ponder Manila's future
      1678 10  -  Viewpoint By SEAH CHIANG NEE ASEAN LEADERS, who have privately been worried about developments in the Philippines in recent months, may have to ponder over a question that they thought had been relegated to the backdrop of history the possibility that a member state may
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      215 10 M onagers ust anage BT shows you how every Monday. VISIT THE MICROCOMPUTER INDUSTRY EVENT OF THE YEAR The Computer Systems Technology Exhibition Hall 6, World Trade Centre, Singapore December 3 to 6, 1987. It's here. the computer show that's designed for everyone businessmen, professionals, governments, and anyone who needs
      215 words
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      Page 10 Advertisements Column 2
      11 10 STP Distributors 2 Jurong Port Road Singapore 2261 Times Publishing Group
      11 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      656 10 ■mMwm CRYPTIC PUZZLE ACROSS 1 Clothing workers? (5) 6 Complaints formerly taken to heart (5) 9 Food item, mostly bread (7) 10 A shade envious? (5) 11 It's easy to take us in (5) 12 Humble workers or shack builders (5) 13 He isn't in there pitching (7) 15 A
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      376 11 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 Personal System/2 IM family of computers. yourself million them worldwide. Take a close look at our
      376 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Cricket's traditional decorum comes under heavy assault
      538 12 AP THE DECORUM that is supposed to govern the genteel game of cricket was badly strained by unseemly events during a match between England and Pakistan last week. Stiff upper lips are aquiver with accusations of cheating, inept umpiring and general bad sportsmanship
      AP  -  538 words
    • Article
      Lock icon Qamar squashed by Hill
      194 12 AFP RUGGED AUSTRALIAN Ricky Hill caused the first upset of the Al Fslsj Grand Prix squash tournament in Muscat on Monday when he hammered eighth seed Qamar Zaman of Pakistan to defeat in straight games. Hill, seeded gth, romped home 9-3, 9-3, 9-1 in 36 minutes
      AFP  -  194 words
    • Article
      Lock icon Stapleton's far from retirement
      94 12 AFP REPUBLIC of Ireland striker Frank Stapleton has denied rumours that his professional football career is over. There have been suggestions from the Netherlands, where the 31-year-old Irishman plays for Ajax, that a back injury would force him to retire. But the former Manchester' United star,
      AFP  -  94 words
    • Article, Illustration
      Lock icon Hetherington meets Sabatini in Argentine Open
      198 13 Reuter CANADA'S Jill Hetherington won her first round match in the US$5O,OOO Argentine Open Women's Tennis Championship on Monday to set up a second round meeting with top-seeded local star Qabriela Sabatini. Hetherington battled to a 6-2. 4-6, 6-1 victory over Celine Cohen of
      Reuter  -  198 words
    • Article
      Lock icon Drug results clear
      84 13 AFP INTERNATIONAL Tennis Federation's Philippe Chetrier was a relieved man on Monday when he revealed that the four semi-finalists tested for drugs at the recent Paris Open had been cleared. "It would have been disastrous if a player had been positive." he said. Americans Tim Mayotte and
      AFP  -  84 words
    • Article, Illustration
      Lock icon Lendl's far from tired of winning matches
      634 13 AP IT IS LONELY at the top of the tennis world, but Ivan Lendl likes the view. "Being No 1 is very satisfying," he said. "It's what you work for. Once you get there, you don't want to give it up." Since taking
      AP  -  634 words
    • Article, Illustration
      Lock icon Some burning issues
      961 13 AFP THE GRAND PRIX MASTERS, the climax of the men s season, will settle the few niggling doubts which remain after a mammoth 27 tournaments in the longest, busiest and most widespread season in the history of tennis. What happened to Boris Becker? Which of the world's
      AFP  -  961 words
    • Article
      Lock icon Bond threatens to take legal action
      328 13 UPI THE ALAN BOND America's Cup Syndicate yesterday warned that it would take legal action if the San Diego Yacht Club refuses to allow it to compete in the 1968 America's Cup "superboat" challenge. Bond, the syndicate chairman, said in Perth that he was
      UPI  -  328 words
    • Article, Illustration
      Lock icon Davis warns against short-selling snooker
      192 13 AFP WORLD CHAMPION Steve Davis has warned snooker's governing body not to sell the sport short. Davis is worried that the World Professional Billiards and Snooker Association will accept a cut-price deal to stage ranking tournaments in Belgium, Canada, Australia and Hongkong next year. "I
      AFP  -  192 words
    • Article
      Businesses, golfers do their bit for charity
      157 13 FOURTEEN local charities are richer by a total of $180,000, thanks to Singapore golfers and businesses who participated in Tanah Merah Country Club's third annual charity tournament. More than 800 golfers competed in the Tanah Merah/Duty Free Shoppers 1987 Charity Open, held in
      157 words
    • Article
      Lock icon Volvo sponsors European circuit
      228 13 UPI PGA European Tour director Ken Schofield on Monday announced a £10 million 1988 European golf circuit, sponsored by Swedish carmaker Volvo and boasting at least three new events. At least three tournaments will carry prize money of £400.000 while the average purse will be more
      UPI  -  228 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      633 12 n > id "wtiac, dim m*i ***** ouimeGs jlii ri issr^J THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at on ungourmet price l For starters, take your pick of our cota dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham. vegetable terrine.
      633 words
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      Page 12 Advertisements Column 2
      248 12 Daily afternoon tea and the latest in fashion at the Mezzanine Louise Game see and purchase fashion apparel from preferred boutiques at the Mezzanine Lounge. Daily at SJO pm. There's a sumptuous tea buffet too from 3.00 to 6.00 pm. At only $1400 per person. And that includes a chance
      248 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      399 13 w Traditionally Japanese. Traditionally Unkai. Sample trie delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on tt>e 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking A® Century Park Sheraton Singapore 16 NotMm KM.
      399 words
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  • MONEY AND EXCHANGES
    • Article
      Money markets
      62 14 THE overnight rate on the Singapore interbank market rose 1/4 point to close at 2 per cent yesterday. The one- two-and three-month rates fell by a uniform 1/8 point. S$ Interbank rates at 7pm yesterday: orm md O<m. 7 13/4 1-«on* 3 7/16 3 3/14 2-momh 3 9/16
      62 words
    • Article
      Government securities market
      85 14 Treasury bills Period Issue M V 3 >- dosing Day's code Maturity BID OFFfR HIGH LOW 3 month* K*****8A 25.2.88 3.03 2.98 3.05 2.82 6 months &S*****S 21.4.88 3.05 3.00 1 year BY*****T 24.11.88 3.00 2.95 3.00 2.86 Government notes and bonds Period Issue Maturity Coupon Yesterday's
      85 words
    • Article, Illustration
      World interest rates
      173 14 Indicate* the iwhq> of id# primt lenatng rntt Of 12 mafor banks in t'pora Interbank market rates (offer/bid) on Dec 1 US$ DM SWFC Y«n 7 «or> 7 1/14 13/14 9 1/1 9 3 3/t 1/4 2—13/4 4 1/3 3/t 1 mill 1/14— 15/14 *1/14 SIS/14 3
      173 words
    • Article
      Forex markets
      1195 14 SINGAPORE: The US dollar rose against most major currencies in moderate late trading yesterday to close firmer against New York's levels, dealers said. The US unit climbed to 1.6470/80 marks in late trading against an early 1.6410/20 and New York's 1.6390/95 close. It was 132.95/133.05 yen from an
      1,195 words
    • Article
      Simex/IMM
      573 14 EURODOLLAR futures opened easier yesterday from Chicago's close due to profit taking and selling pressure arising from cash bonds losses after the close of the future market. March Eurodollar, the more actively traded contract, opened sharply higher from previous close at 92.34 but was sold off to the day's
      573 words
    • Article
      Asian $ market
      190 14 Asian market ASIAN DOLLAR deposit rates closed steady yesterday at opening levels in quiet afternoon trading. Interbank depoelt rates us$ arm mo 7 doyt 7 1/16 6 15/16 I mon#i 1/t 2 momtn 7 15/16 7 13/16 3 moMh. 7 7/S 7 3/4 6 iwomtn 7 7/« 7 3/4 9
      190 words
    • Article
      Comex gold/silver futures
      129 14 Gold futures on Nov 30 100 trey ouncat. USS par trey own OPM Man m MM 0« 494J0 «7.00 490-50 491 AO 490« 4*3.90 4J0 Hb M ***** S03j0 496J0 497JO +4J0*'* Apr SO» JO 509-SO 502-50 501.20 4.90 Jw 512.50 515-50 509JO 509.30 SJO Amq 519.00
      129 words
    • Article
      Options
      1247 14 INTEREST RATES OPTIONS Tim (•day, Dm aaiwtm 1 1987 EURODOLLAR (SIMEX) Dk 9t mm Da e 97 paM Mgfc Law SaM Law SaM •900 9950 9000 9030 9100 9125 9150 9175 9200 9225 9250 9275 9300 9325 9350 9375 9400 27M 22M I7M 12M 1036 799 MS 32* IM
      1,247 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Negative rates a possibility, says Hongkong official
      626 15 Reuter THE HONGKONG GOVERNMENT, facing renewed speculation of a change in its currency's peg to the US dollar, will not rule out negative interest rates to defend the local dollar, a senior monetary official has said. "Negative interest rates can be arranged easily."
      Reuter  -  626 words
    • Article
      African oil insurance pool set to begin
      189 15 THE PROPOSED African oil and energy insurance pool being set up by insurance companies operating in the continent will start operation early next year, Yinka Lijadu, chairman of the implementation committee, has said in Lagos. Nigeria. Explaining the rationale behind the move, he
      189 words
    • Article
      Lock icon Japanese commercial paper market set to fold up, says banker
      258 15 Reuter JAPAN'S fledgling commercial paper market probably will not survive in its present form because there is no need for it, according to Industrial Bank of Japan deputy president Yoh Kurosawa said. Labelling the market 'ridiculous', he expressed hopes that
      Reuter  -  258 words
    • Article
      Lock icon Philippines approves sale of bank stake
      153 15 Reuter THE PHILIPPINES has approved the sale of 40 per cent of Consolidated Bank and Trust Co (Solidbank) to the Bank of Nova Scotia of Canada for 357 million pesos, according to central bank deputy governor Gabriel Singson. He was quoted by the Business
      Reuter  -  153 words
    • Article
      Lock icon Come Christmas and dollar may be skating on thin ice
      638 15 Reuter AS THE DOLLAR slumped to new lows against the mark and the yen on Monday, dealers and analysts predicted that thin preChristmas markets could bring further falls with even small sales having a dramatic effect. "December will certainly be
      Reuter  -  638 words
    • Article
      Lock icon Bankers cautious over Acapulco debt move
      654 15 Reuter UK BANKERS have said it is too early to judge whether a group of their eight largest Latin American debtors would try to force them to lower interest charges or write off part of the multi-bil-lion dollar loans they owe. But even if
      Reuter  -  654 words
    • Article
      Lock icon Call for effort to curb capital flight
      273 15 UPI THE UNITED STATES and other world industrial powers should change their banking regulations to stop serving as havens for the capital of poor nations, the Institute of International Economics has argued. The institute s study by Donald Lessard and John Williamson also
      UPI  -  273 words
    • Article
      Lock icon Proposal in US to change accounting rule expected to meet resistance
      296 15 NYI THE AMERICAN Financial Accounting Standards Board, in what could be on® of tha moat important accounting rule changes for banks in years, has proposed that banks and other financial institutions be required to report to shareholders the market
      NYI  -  296 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      76 15 Keep a date with Sevvv Ballesteros the Sevvy Way BT is not all hard core business and financial news. .We take "Sports" rather seriously too. Our writers comb the sporting arena to furnish the well-informed professional with news on golf, horse-racing, tennis, bowling, etc. And, of course, the all-round executive
      76 words
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      Page 15 Advertisements Column 2
      60 15 We've moved on to a new destination... Cecil Street. I v ii We've moved to bigger premises to the LKN Building, along Cecil Street. We'll be operating from our new office as of Ist December. And we look forward to your continued support. 135 Cecil Street, LKN Bldg #01-00 Singapore
      60 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Late rebound in Tokyo stems local price fall
      4268 16 LOCAL SHARE PRICES fell sharply in morning trading, in line with the weakness in overseas markets, but a recovery in Tokyo stemmed the slide. At the close, the Straits Times Industrial Index posted a drop of 20.75 points to 779.26. The broad-er-based
      4,268 words
    • Article
      Chief price changes
      266 16 SINGAPORE Rises ir><2 tCM Na» Dae 1 Sal Ciconm 145 •> 2M 4-14 n Condemn 707-40 6*9.67 Wand N »TO«/OS -430 -445 HwM— A We 313 4-6 •T CADI -713S -73*7 UOl wm 34 4-4% •T 10-407 *A •6922 -69*7 U O 1 2*5 3 •TO*V 0S34SI
      266 words
    • Article
      Business done on the SES
      3544 16 BID sad offer prices officially listed sod hdiw is sad reported to the Stock Eidiaa|e of Slugs pore yesterday with the number at shares traded shown ia brackets in lots of 1,000 units ualesi otherwise specified SECTION ONE MOUSTRIAL COMMERCIAL Acmo II 06 B I
      3,544 words
    • Article
      Unit trusts
      279 16 Managers' prices for Dk 2 Singapore Unit Trust Tho Comwrc* 0 iS 092 Tlw Savings Fund 074 080 S'poro frog Fund 034 039 S'por* Sk Fund 0 56 0 62 Spor* Invwt Fund OAS 067 S'por* Equity Fund 040 045* Asia Unit Trust Mot Invast Fund 1 17
      279 words
    • Article
      COMPANY MEETINGS
      89 16 AYER HIT AM TM DREDGING MALAYSIA Berhad: 11th AGM at Cempaka Room, Equatorial Hotel, Jalan Sultan Ismail, ***** Kuala Lumpur on Tuesday. Dec 8, at 10.30am. SINGAPORE LAND Limited: 24th AGM at 4 Shenton Way #19-07, ShinQ Kwan House, Singapore 0106 on Dec 11 at noon. BRITISH A
      89 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Financial directors get some respite from a taxing problem
      596 17 u mm™ By HOCK LOCK SIEW FINANCE DIRECTORS who pride themselves in running tax efficient corporations will be relieved to know that the second and third readings of the Income Tax (Amendment) Bill which had been scheduled to be heard in
      By HOCK LOCK SIEW  -  596 words
    • Article
      Wembley Gypsum obtains M$18.7m loan
      795 17 WEMBLEY Gypsum Plant, the wholly owned subsidiary of the Innovest group, has secured a M 518.75 million loan from five financial institutions to partfinance its proposed plant for the manufacture of gypsum boards and calcined gypsum plaster. Lead-managed by Rakyat First Merchant Bankers and comanaged
      795 words
    • Article
      DIVIDENDS ANNOUNCED
      692 17 Current Ex Books Dale Total tor Total tor payment dale ctoee payable the year last year A 1 ft 5%<bl Dec 22 Jon 7 Feb 8 5% 5% Amol Steel 8%TE(bl Dm 2 DM 16 Jon 30 8%TE 8%TE Amtek Eng 714%<bl Doc 14 Dm 17 Jon 18
      692 words
    • Article
      RESULTS DUE
      601 17 LAST FULL YEAR Company Period Dot* Veor Net EPS Gro» Net announced •nding (cms) dtv profit lost year ($-000) 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 2.95) Tokyo Land Interim
      601 words
    • Article, Illustration
      Berjaya gets CIC's nod for purchase of Raleigh shares
      482 17  -  Proposed acquisition of Tioman Island Resort not approved By ELAINE KOH THE MALAYSIAN Capital Issues Committee has given its blessings to Berjaya Corporation (M) Bhd's proposed acquisition of a block of Raleigh shares, but has thrown out its proposed purchase of
      482 words
    • Article
      UPP to receive $1.67m in interest rebates
      345 17  -  By AMY BALAN THE FINANCIAL restructuring of recently-relisted United Pulp and Paper has already begun to pay off. Banking sources have confirmed that the paper manufacturer will receive about $1.67 million in interest rebates from its bankers for paying them off before the
      345 words
    • Article
      COMPANY BRIEFS
      256 17 Halimtan's stake in Aokim to rise AOKIM Tin Bhd's proposed acquisition of 10 million shares in Roxy Electric Industries (M) Bhd from Halimtan Sdn Bhd will increase the letter's stake in Aokim to 33.39 million shares from 16.63 million shares. This information was given in response to queries
      256 words
    • Article
      Lock icon Duff calls off proposed issues
      258 17 MBT DUFF's directors have decided not to proceed with its proposed bonus issue of one-for-one and rights issue of one-for-one at Msl a share. The issues had been announced in July. Meanwhile, in a separate statement. Duff reported a 69.4 per cent increase in pre-tax
      MBT  -  258 words
    • Article
      Lock icon Mun Loong public issue oversubscribed by only 15.9 times
      418 17 NST THE OPEN portion of the Mun Loong public issue has attracted some M 5121.1 million in applications, the lowest amount among the seven Malaysian flotations so far this year. Merchant bankers, issuing house Midfccs Consultancy and Corporate Services (Midfccs) officials
      NST  -  418 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      172 17 SUCCESSFUL EXECUTIVES a Are you looking for a change of career? A job that would bring you into contact with the best and brightest in Singapore, and put you at the very heart of business and economy? Then consider a switch to the fast-moving and stimulating world of business journalism.
      172 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Cable & Wireless gets Tokyo licence
      311 18 Cable Wireless gets Tokyo licence AP CABLE AND WIRELESS PLC said that after 18 months of negotiations the Japanese government has granted a licence giving the giant British company a major stake in the Japanese telecommunications industry. International Digital Communications Inc. in which Cable and Wireless is the leading non-Jap-anese
      AP  -  311 words
    • Article
      Lock icon Tokyo stock market indicators flash warning signals
      261 18 UPI JAPANESE stock market indicators are now flashing warning signals, much like the US market did prior to the Oct 19 market collapse, an independent economist said in the Creditweek newsletter issued by Standard Poors Corp. "I believe that the resulting shock waves
      UPI  -  261 words
    • Article
      Lock icon Elders queried about takeover rumours
      190 18 Reuter THE AUSTRALIAN Stock Exchange (Adelaide) Ltd has asked Elders IXL Ltd about stock market rumours that it is about to receive a takeover offer. "We confirm our recent telephone conversation in which we advised that a strong rumour had arisen in the market place
      Reuter  -  190 words
    • Article
      Lock icon NEC, Epson settle dispute
      106 18 Reuter NEC CORP and Seiko Epson Corp have settled out of court a dispute over Epson's alleged infringement of NEC copyrights, ending the first major domestic computer software copyright lawsuit, spokesmen for the companies said. Seiko Epson agreed not to manufacture or sell its NEC-compatible PC-286
      Reuter  -  106 words
    • Article
      Lock icon Resignation accepted
      35 18 Reuter THE STOCK EXCHANGE of Hongkong has accepted the resignation of chief executive officer Jeffrey Sun, effective January 31. Mr Sun submitted his resignation last month and plans to emigrate to Canada. Reuter
      Reuter  -  35 words
    • Article
      KL share prices tumble
      2687 18 SENTIMENT remained weak at the Kuala Lumpur stock market yesterday and despite a round of late buying share prices closed easier, for the fourth day running. The retreat was over a broad front and scattered double-digit losses were recorded. Among the heavier losers were some Singapore
      2,687 words
    • Article
      Shares close lower
      1380 18 Hongkong SHARE PRICES in Hongkong closed lower yesterday, but recovered most of the ground lost in the morning as the US dollar stabilised and Tokyo stocks ended firmer. The Hang Seng Index shed 29.64 points to 2,106.55 after lagging by 66 points in early trading. The broader-based
      1,380 words
    • Article
      Seoul
      131 18 DCC »i WON *b Kal ***** 920 Chatl Sugar ***** 790 Kangwon Ind. Kia Motor ***** ***** ***** ***** ***** *****0 ***** ***** ***** ***** 400 290 200 1000 400 9900 100 100 1000 900 990 Daahrn ind Daewoo Corp Daewoo Haavy Daiahin Sacuritiaa Dong Ah Phar ***** *****
      131 words
    • Article
      Lock icon Tokyo
      477 18 Reuter SHARE PRICES closed higher yesterday as afternoon bargain-hunting and a less volatile dollar revived the market after a nervous morning. The Nikkei stock average gained 146.11 points, or 0.64 per cent, to 22,832.89 after hitting an earlier low of 22,301.76. The index lost 365.45 points on Monday. Advances
      Reuter  -  477 words
    • Article
      Lock icon Sydney
      551 18 Reuter THE AUSTRALIAN stock market closed easier across all sectors yesterday, but late demand for selected industrial issues brought it off the day's lows and brokers said it was well placed to continue climbing. The All Ordinaries finished at 1303.3, down 24.9 points while the All Industrials lost 33.9
      Reuter  -  551 words
    • Article
      Taipei
      271 18 oec oi i NT| Kolin 30 70 0 3 Kuochan Dev 40.30 12 All Sincere Indus Lae Chang Yuen Cham Indus 3S20 1.1 Asia Cement Cathay Cons 73.50 79 SO -2 2 Lien Hwa Indue Nan Ya Ptaa 38 00 00 00 -06 -1 Chang Mwa Bank 224 00
      271 words
    • Article
      Manila
      87 18 DEC *1 pesos Aco|« Mining Oriental B Phil Ovaraaas 0 06 0 040 -0.006 -0 001 Anglo Phil Apai Mining B 0 0525 *0 0025 -3 Phi la* B Pxxjp B 0 46 -0.02 PLOT 138 -6 Basic Patroiaum 0014 90 8 70 unch uncti B... 112 .0 02
      87 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      462 18 NOTICES IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF UNISERVE ENGINEERING PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 52A Telok Ayer Street Singapore 0104 on Wednesday,
      462 words
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      Page 18 Advertisements Column 2
      582 18 IN THE MATTER OF THE COMPANIES ACT, CAP. SO LARRY MARINE (PTE.) LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of LARRY MARINE (PTE.) LTD. duly convened and held at 6, Pioneer Sector One, Singapore 2262 on the 27th day of November 1967, the following Special
      582 words
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      Page 18 Advertisements Column 3
      339 18 IN THE NUTTER OF THE COMPANIES ACT, CAP. SO AND INTERCHEMA PTE LTD (Incorporated in Singapore) At an Extraordinary General Meeting of members of INTERCHEMA PTE LTD duly convened and held at 190 Middle Road, #16-03 Fortune Centre, Singapore 0718 on the Ist December 1987, the following resolutions were passed:(a)
      339 words
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  • WORLD MARKETS
    • Article
      Lock icon Share prices take a plunge
      1081 19 New York Reuter THE STOCK MARKET closed with its biggest loss in a month on Monday as investors tried to sort out the economic ramifications of the dollar s decline to new lows. But a final hour rally managed to retrieve part of the earlier
      Reuter  -  1,081 words
    • Article
      Lock icon Equities recover some ground
      923 19 London Reuter UK SHARE prices moved ahead quite strongly at the official 0900 GMT opening, as the dollar moved higher after early coordinated intervention to support it from the German, Swiss and UK central banks, dealers said. The FTSE 100 share index, which slumped 71.7 points
      Reuter  -  923 words
    • Article
      Untitled
      1204 19 Selected indices HONGKONG Hongkong Index Tuesday *****7 Monday 1405 73 Week ago *****6 Hang Seng Index Tuesdoy 2108 55 Monday *****9 Friday *****4 All Industrials Tuesday Monday Week ago NEW YORK Dow Jones Monday Friday Week ogo ***** ***** 1951 1 *****5 *****8 *****7 TOKYO Nikkei Averoge Tuesday ***** 89
      1,204 words
    • Article
      Lock icon Singer seeks merger or takeover
      70 19 Reuter THE BOARD of Singer Company is committed to pursuing the acquisition or merger of the company as the best means of maximising shareholder values. The management will enter into talks with a number of parties that have expressed interest in acquiring the company. Visits
      Reuter  -  70 words
    • Article
      Lock icon Yasuda to buy 25pc stake in PaineWebber
      563 19 FT PAINEWEBBER, the prominent US inveetment bank which is one of the few medium-sized Wall Street firms to have remained independent of any corporate parent, is selling up to 25 per cent of its equity to Yasuda Mutual Life of Japan for an
      FT  -  563 words
    • Article, Illustration
      Lock icon French unlikely to absorb excess Eurotunnel shares in UK
      353 19 FT LONDON EUROTUNNEL, the An-glo-French group building the Channel tunnel, has abandoned hope that excess demand in France for its £770 million share sale would compenaate for a poor response in the UK. This means that UK institutional investors which sub-under-wrote
      FT  -  353 words
    • Article
      Lock icon More job cuts in UK brokerage houses likely
      148 19 Reuter UK stockbrokers say further job cuts among market-making and equity investment staff could be needed if there ia a prolonged slump in stock market activity. But a spokesman for Hoare Govett brokers said reports of widespread job loaaes were exaggerated. "There
      Reuter  -  148 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      140 19 S I H I IS lIMI S IMU SS pr- The Straits Times WEEKty OVERSEAS EDITION SATURDAY, SEPTEMBER 5. I*l v 7 ~~*7, V. »\v o vViTC J\ T v"A To months at S/USS I MdM chaqutfmonay ordar I OR ptoaaa data my Amancan Express BT *****7 Cnur«nr PCodt Plmi
      140 words
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  • Article, Illustration
    Abalone King and son plead guilty to two charges
    844 20  -  Sentence to be passed today By ANNA TEO SENTENCE will be passed this morning on "Abalone King" Ng Choon Ser and his son Khway Tiat. Both of them yesterday pleaded guilty to two charges of abetting to cheat. The Ngs were
    844 words
  • Article
    Italian diplomats worldwide went on one-day strike'
    291 20  -  By HARISH MEHTA ITALIAN DIPLOMATS in Singapore and around the world went on their first-ever one-day strike on Monday to protest against a highly unpopular law that promotes non-diplomatic staff to diplomatic posts. The Italian Ambassador in Singapore, Dr Alessandro Vattani, and a
    291 words
  • Article
    Lock icon Pertamina in production contract
    168 20 UPI A US OIL COMPANY, Conoco's subsidiary, yesterday signed a production-sharing contract with Indonesia's state oil company Pertamina for oil and gas land and off-shore exploration in Sulawesi Island. The contract involved the 7,600-sq m Buton block, in the north-eastern island of Sulawesi. Industry and official
    UPI  -  168 words
  • Article
    Lock icon HK court orders review of bank records said linked to Marcos
    155 20 Reuter A HONGKONG court has ordered four big banks to turn over records allegedly showing illegal payments to supporters of ousted Philippine President Ferdinand Marcos. The High Court upheld a lower court ruling that Bankers Trust, Chemical, Continental and
    Reuter  -  155 words
  • Article
    Koon Swan to get bankruptcy notice
    90 20 AMERICAN EXPRESS Bank Ltd is to serve a bankruptcy notice on the former president of the Malaysien Chineee Association, Tan Koon Swan, 47, who is now serving a jail sentence in Singapore. Permission for the serving of the bankruptcy notice, dated Nov 27, was
    90 words
  • Article, Illustration
    Degas's expensive maids
    36 20 A PAINTING of two laundrywoman by Edgar Degas wont undar the hammor for £7.49 million Including commission at Christis's In London on Monday, a rocord pries for a work by tha French Imprssslonlst
    36 words
  • Article
    Singapore narrows wage gap with other NICs
    234 20 THANKS to cost-cutting measures taken to counter the recent recession, Singapore has narrowed the gap in labour cost with the other newly-industrialis-ing countries (NICs). According to data collected by the US Department of Labour and reproduced in the latest issue of the NTUC
    234 words
  • Article
    Lock icon KLCE chief seeks bigger tin futures trade
    486 20 Reuter THE CHIEF EXECUTIVE of the Kuala Lumpur Commodity Exchange (KLCE) said yesterday that he was encouraged by turnover during the first month of trading on the tin futures market but new rules could be introduced to booet activity. "I am very pleased.
    Reuter  -  486 words
  • Article
    Lock icon Malaysia enforces Copyright Act
    142 20 AFP MALAYSIA yesterday enforced a Copyright Act which a government official said would help to draw foreign investors and give it more clout in trade talks. Industrialists who claim they had lost millions of dollars to music, film and video pirates welcomed the act. Trade and
    AFP  -  142 words
  • Article
    Lock icon Comex gold
    91 20 Reuter COMEX GOLD FUTURES cruised at low levels early yesterday in a reaction to the dollar's recovery on concerted central bank intervention in pre-New York dealings. In subdued business. February gold lost US$3.4O at U*****.80 an ounce, which was down sharply from Monday's high of U*****.00. Analysts said
    Reuter  -  91 words
  • LATE FILE
    • Article
      Lock icon Rise in Japan's foreign reserves
      51 20 AFP JAPAN'* Finance Ministry said yesterday that the country's foreign exchange reserves rose U554,994 billion from a month earlier to a record U5578,044 billion in November. Officials attributed the sharp rise to market intervention by the Bank of Japan to shore up the sagging dollar.
      AFP  -  51 words
    • Article
      Lock icon Philips renews joint venture pact
      55 20 AFP THE Dutch electronics group NV Philips and Japan's Matsushita Electric Industrial Corp have renewed their joint venture agreement for 10 years, said Philips yesterday. The Dutch company owns 35 per cent of Matsushita Electronics Corporation, which was set up in 1952, and Matsushita the
      AFP  -  55 words
    • Article
      Lock icon Value of exports up
      69 20 Bernama THE VALUE of Malaysia's exports to Aeean mambar countries undar the Aaean Preferential Trade Arrangement (PTA) increaaed by nearly 100 per cent in the first aix months of this year, said Trade and Industry Minister Datin Paduka Rafidah Aziz yesterday. The export value increaaed by
      Bernama  -  69 words
    • Article
      Lock icon No gambling on Batam
      36 20 Oana-Antara THE INDONESIAN government will not allow caainoa and other forma of gambling centree on Batam Island, the chairman of the executive board of the Batam Industrial Development Authority Soedarsono said yesterday.
      Oana-Antara  -  36 words
    • Article
      Lock icon Plane could have been bombed
      43 20 AP OFFICIALS in Thailand yesterday dwelt on the poeeibility that a bomb destroyed a Korean Air jetliner that dieappeared with 115 people aboard, and a aearch for wreckage continued along thickly foreated mountains along the Thai-Burmese border. AP
      AP  -  43 words
    • Article
      Lock icon Rebel blast kills five Indians
      57 20 AFP TAMIL rebels have blown up an Indian army truck, killing five Indian troopa and wounding five more in northern Sri Lanka. A Sri Lankan military source said yesterday that Liberation Tigers of Tamil Eelam guerillas exploded a landmine under the Indian truck when they
      AFP  -  57 words
    • Article
      Lock icon Protests give rise to more deaths
      64 20 Reuter SIX demonstrators were shot dead by security forces in Bangladesh's port city of Chittagong in the past 24 hours, according to reports reaching the Indian border town of Agartala yesterday. The reports, if confirmed, would bring to 19 the death toll since President
      Reuter  -  64 words
    • Article
      Lock icon Peres on peace efforts
      36 20 AP ISRAELI Foreign Minister Shimon Peres said yesterday that Arab-Israeli peace efforts must be renewed "whether Washington is excited about it or not". He was being interviewed by Israel Army Radio. AP
      AP  -  36 words
  • Article
    Lock icon Murdani: No need for defence ties with Australia
    152 20 AFP INDONESIA sees no immediate need to cooperate with Australia on defence because of obstacles in their bilateral relations. Armed Forces Commander Benny Murdani said in a parliamentary hearing on Monday. "There have been obstacles" in Indonesia-Aus-tralia ties, he said without elaborating.
    AFP  -  152 words
  • Article
    Lock icon Japan to expand use of nuclear power
    223 20 UPI JAPAN IS going ahead with plans to expand use of nuclear power, even though other nations are cutting back because of the accident at the Chernobyl plant in the Soviet Union, the head of Japan's Atomic Energy Research Office said yesterday. Tsutomu
    UPI  -  223 words
  • Article
    Lock icon Nato ministers start talks on conventional defence
    228 20 AFP DEFENCE MINISTERS of 15 Nato nations began bi-an-nual talks in Brussels yesterday on the modernisation of the Western allies' conventional forces. The meeting of the North Atlantic Treaty Organisation's Defence Planning Committee (DPC) is due to end today. The talks are expected
    AFP  -  228 words
  • Page 20 Advertisements
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      136 20 THE CONTOURED (vi relict! Stiffness and discomfort in the neck, shoulders or back are often caused by incorrect sleeping posture. To relieve them, DENTONS, in conjunction with leading specialists, designed the Contoured Pillow. Made of the unique Dentonfoam, the pillows are specially designed to give proper support to the head
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      Page 20 Advertisements Column 2
      9 20 T-* '-A Pouilly-Fume AmLLATKM KXMLV FUMf CONTWOUC Barton Guestisr
      9 words
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  • SHIPPING TIMES
    • Article
      Fasa to highlight problems off armed attacks at Asean meeting
      444 21  -  By JUNE LIM ASEAN shipowners will bring the problems posed by armed attacks against ships before the heads of governments at the forthcoming summit meeting. This was decided by delegates of the Federation of Asean Shipowners Association (Fasa) at its
      444 words
    • Article
      Sips to implement revenue restoration plan from Jan 1
      145 21 MEMBERS of the Singapore/India/Pakistan/Sri Lanka Rate Agreement (Sips) will implement a revenue restoration programme with effect from Jan 1, 1968. An increase of US$5O per TEU and US$lOO per FEU will be charged for cargo destined for Bombay, Karachi, Cochin and
      145 words
    • PORTSIDES
      • Article
        Economic ship topic for discussion
        80 21 THE "economic ship" is the subject of a three-day discussion which begins at Braa Brasah Room, Westin Plaza, today. Seventeen papers on the subject will be presented at the Bth biennial seminar which is organiaed jointly by the Institute of Marine Engineers, Singapore Branch, and
        80 words
      • Article
        Maersk completes box orders
        63 21 MAERSK LINE has completed its latest ordering of 23,400 new containers and 4,400 chassis worth more than US$lOO million. The containers include light weight aluminium boxes with high cubic capacity, reefers, flatracks and open-tops. The new chassis which will supplement Maersk's existing fleet of 19,000 units
        63 words
      • Article
        Sinotrans operates HK-Manila run
        124 21 THE China National Foreign Trade Transportation Corporation (Sinotrans) has started a full container liner service between Hongkong and Manila. The weekly service launched by Flex America VIS in mid November calls Hongkong every Sunday and Manila, every Wednesday. Jardine Shipping Agencies (Hongkong) Limited has been appointed
        124 words
      • Article
        Lock icon Iraqi planes attack tankers
        201 21 Reuter LLOYDS Shipping Intelligence reported that two tankers were hit by Iraqi aircraft off the Iranian coast over the weekend. They were the Iranian tanker Khmrk 4, 284,299 dwt and the Panamanian registered Stilikon of 206,198 tonnes dwt. It said the Khmrk 4 was hit by
        Reuter  -  201 words
    • Article, Illustration
      Showboat takes a ride on heavylift ship
      343 22 THE SYDNEY SHOWBOAT, the first paddle wheel boat to be constructed in Singapore, is on its way to Australia on the back of a heavylift vessel. It is scheduled to arrive in Sydney on Dec 8 and will begin offering cruises in the
      343 words
    • Article
      Lock icon WEEKLY FREIGHTS
      893 22 AFP SOVIET INQUIRY to lift grain imports from North America combined with increased demJmd on the key US Gulf/Japan grain route and in the ore sector to revitalise the freight market last week. the Baltic Freight Index (BWtex), which had fallen to C&2 points a week before from
      AFP  -  893 words
    • Article
      INDEX TO ADVERTISERS
      903 22 AB Shpg V s ABC Contomor vw 1 Accord Shpg VI 3 AhranfciaJ linar n 3 Africa Ocaon XN 2 Alltrons VII 3 AC Toaptar XI 5 Amaricon Tpt XII 4/5 Aiwo Sarvica IV 2/3 Arrow Unas IX 5 Ataon Ocaon VI 1 Arias Una X S
      903 words
    • Article
      LONDON FREIGHTS
      1253 22 DRY CARGO activity on Monday mainly centred on time-charter bookings, although a firm rate of US$lB 25 was confirmed for a grain cargo from the US Gulf to Japan, shipbrokers said. This compares with its current Baltic sub-index at $17.933. There was also talk on the Biffex late
      1,253 words
    • Article
      Lock icon Honduras offering special concessions to owners
      384 23 Ship register to compete with Liberia and Panama Lloyd's List HONDURAS is offering special concessions to shipowners as part of a new effort to attract more tonnage to its open ship register. Shipping companies which first register their vessels in the Central American republic
      Lloyd's List  -  384 words
    • Article
      Lock icon Cargo throughput at Rotterdam increases by 1.3 per cent
      240 23 Reuter TOTAL CARGO tonnage shipped via the port of Rotterdam in the third quarter of this year rose 1.3 per cent to 65 8 million tonnes from 64.9 million in the same period last year, figures from the Municipal Harbour Company
      Reuter  -  240 words
    • Article
      Lock icon 00CL to reassess box ship orders
      148 23 Seatrade Week ft ORIENT OVERSEAS Container Line recently confirmed that tt ieto re-evaluate orders for three new container ships in the 3,500-3,800 TEU range, plus a further package of supporting equipment including chassis, ftatracks and open-top containers, as a result of the October stock
      Seatrade Week  -  148 words
    • Article
      SHIPPING LIST where your ships are due ...and when
      8853 28 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.
      8,853 words
    • Article
      SHIPS IN PORT
      1158 29 AT CONVENTIONAL WHARVES Polor Jl olongside 0212/2300 Pulou Jowo J3 olongside 0212/2300 VMM) Santi I Arrival Dtptiiurt Ponnoroi J8/9 olongside 0212/1800 KEPPEL WHARVES Seng Htng J9 alongside 0212/1500 Mekor Indoh J3 02 12/0000 0212/2359 Ah Strength KI7 alongside 02 12/0700 Pontai Putpita J2 02 12/0900 0312/2359 Barb*'
      1,158 words
    • Article
      Who acts for whom...
      2004 30 A B AB Shipping Boustead Shpg Agencies. ABC Containerize NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American
      2,004 words
    • Article
      Lock icon BS cuts losses to £23 million for first half
      442 32 FT BRITISH SHIPBUILDERS announced an operating loss of £23 million for the six months to Sep 90, compared with £51 million in the same period last year. Mr John Lister, chairman and chief executive, said the corporation hoped to reduce losses
      FT  -  442 words
    • Article
      Eight companies invited to submit Thai port plans
      272 32 EIGHT PRIVATE companies have been asked to submit their proposals to lease and manage Phuket and Songkhla ports in Thailand by mid-Febru-ary. These companies have passed the pre-qualifica-tion requirements to participate in the bidding to run the ports, Bangkok Post reported. Thai
      272 words
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      622 21 aoP V llMnArrt l»i urn STP Distributors rmnMM«|Cn<w o I▼▼▼▼* J r^Sffpna N0«IH AM( RICA ATI ANTIC fXPRESS (ROUND IHf WORID ROUTING IXPOR! km cmtoh m im hr 1/12 W 5/1 7/1 *1 13/1 MTU 2/1 12/1 14/1 11/1 a/1 17/12 9/1 I*l 21/1 23/1 27/1 M/i2 M/i 2*l an
      622 words
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      Page 21 Advertisements Column 2
      104 21 KMDS THE SYDNEY SHOWBOAT, the first paddle wheel boot to be constructed In Singapore, is on its way to Australia on the bade of a heavy lift vessel. Pag« II HONDURAS is offering special concessions to shipowners as part of a new effort to attract more tonnage to its open
      104 words
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      Page 21 Advertisements Column 3
      694 21 <vv W-, ry+knhnt*, STP Distributors MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DATS Th» «Mt OUST M CofcAg Tim# CY 2/12 2300 MBS CFS 2/12 1300 MRS LAUST M ANOERS M AXEL M. M TOKYO LUNA M ARTHUR M Th« «aM LMI M Ctoamg Tm CY 2/12 2300 MRS
      694 words
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      538 22 OUTBOUND TO NORTH CONTINENT CQMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE MEDITERRANEAN WEST AFRICA LE HAVRE ETA ROTTEROAa ETA FEUXSTOUE ETA i'i "i 'i US. EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS OUTBOUND TO MEDITERRANEAN ■LAifl KII WLJiim INBOUND
      538 words
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      Page 22 Advertisements Column 2
      17 22 Lines and services represented by Members of the Reolstry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
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      Page 22 Advertisements Column 3
      356 22 C SAV TO/FROM CHU FEEDER VESSEL IS-POREIWTIW VESSEL HK ARICA IQQ ANTOT VALP SAi CSAVI VU *O«LESTA« 11/12 W CSAV 2 *12 CJJCWttH* syu W CSAV J 1702 VESSEL Mfl2 W «2 I*2 CARGO FOR PUNTA ARENAS, TALCAMUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Singapore *****00 K. Lumpur *****25/6/8,
      356 words
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  • Page 23 Advertisements
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      875 23 F tmmmm The Straits Steamship Group P Mansfield Container Shipping Re Ltd TW/IPT P&O Containers Limited Kf£ 2*12 2*12 I*l2 mm am mm QG^tt u« urn am ism vm an am »m om njn nm am um vm am wm um urn ma am am AowpMng Cargo Fon n t*
      875 words
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      Page 23 Advertisements Column 2
      650 23 n MPORTANT NOTICE Panamanian registered Vessels The Consulate General of the Republic of Panama in Singapore hereby wishes to remind all OWNERS, REPRESENTATIVES and AGENTS of PANAMANIAN REGISTERED VESSELS that the Annual Tonnage/Annual Single Rate/Annual Inspection Tax/Annual Investigation Accident Tax for the year 1988 are now due for payments. In
      650 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      305 24 :ON T AINERSHIP SE RVICE TO UK CONTINENT COfUMAfiEN. AAItMUS, GOTHEAiUtC, HALMO, HELSINKI, OSLO, AMSTERDAM I A 1 AMERICA CONV.SLVi CONTAINER SERVICE TO EUROPE m.v ni '-mmimATIERP M—N6HAM MO I*l CONV.SEMTCONTAINER SERVICEJO MEL. EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT gents Singapore *****00 K. Lumpur *****25 Booking *****06 P. Keiang *****18
      305 words
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      Page 24 Advertisements Column 2
      663 24 [xz% *3. LINE tun* tmttmt FULLY CONTAINERISED SERVICE TO f UROPt WIA SUfZ nl lhf Cwsw»«rn SEVEN SEAS MIOGC UW ACE CONCORO 12W KOREAN CHANCE 348 ORIENTAL CHIEF 57W KOREAN JACLIIN 42W KOREAN JACEWON UW *'<■» H'kwt I'hrMii 2W 21/U 21/12 27/12 21/1? 2/1 VI VI VI 11/1 12/1 M/l
      663 words
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      Page 24 Advertisements Column 3
      290 24 k. freight links express y PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: SAILING 12/12 25/12 SIN 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,
      290 words
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      Page 24 Advertisements Column 4
      457 24 TO SERVE YOU 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:FOR MORE DETAILS PLEASE CONTACT^ RONALD UM STEVEN SQH RICHARD UM Spore GREEN ASIA SHIPPING PTE LTD 3D UNIGLORY
      457 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      753 25 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN MY UN SIN SM In PI S/12 *13 S/12 10/11 12/12 11/12 13/12 17/12 18/12 22/12 28/12 M/ 12 28/12 2*12 VESSEL VOY MTEGRA (717 SEA FORTUNE >747 MTEORA
      753 words
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      Page 25 Advertisements Column 2
      358 25 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT STON MAM rHAVfN ROM HAWK ivu 2H2 aru 2vu mu aw in *1 *1 *i «i in m m an m m an m an m vn an an an an j*i vn vn an an in m in w u
      358 words
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      Page 25 Advertisements Column 3
      488 25 DJAKARTA LLOYD INDONF Si AN NATIONAL LINF i --iirnw +m w NYC I4OLA NOU V» iw Telephone *****22 S "Sijo'f E4LA jaya ACENCIU Terminal *****22 n< 4 visal ptt itd t. xzi: »i 4;4i«: p* a^is DJAKARTA LLOYD INDONF SI AN NATIONAL LINF (A MEMBER OF ANRCM Ui iWi iTTir.g
      488 words
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      Page 25 Advertisements Column 4
      347 25 BOUSTEAD SHIPPING AGENCIES 1* Spore P.K PA-AN VUIW 7/1 DK PAGAN VUIW W Ok PAGAN VI22W 24/28 Dac BURMA FIVE STAR (Burmese National Line) Loading for Rangoon P.Kelang Perung Bangkok BANK LINE PRO-ATLANTICA VIN (CALLING LEIXOES 1/1) TAUSALA SAMOA VIIN MORAYBANK V4N CLYDEBANK V22N MORAYBANK V4S Sftri In Port FORTHBANK
      347 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1246 26 kL M» K LIFIE SHIPPIfIG-DflTfl ATLAFITIC COAST (Round-The-World Service) •PK/PNC SPORE Lt CHLS NEPTUNE JADE VlO SLO 3 Dac 20 Dac 5 Jin ORIENTAL FAIR V 6 5Dk lODk 2 Jan 12Jan •VIA FEEDER NYC HFX 9 Jan 13 Jan 10 Jan 20 Jan PACIFIC SOUTH-WEST FEEDER VSI *PK/PNC SP
      1,246 words
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      Page 26 Advertisements Column 2
      717 26 'M AUSTRALIA EXPRESS CONTAINER SERVICE AcwpMng FCL/FCL Contilntri PK«tan| lunar Vtart Sport |MNb frtm Sjdn Ate Acta* "CHANDIDAS" V.29 21 Dtc 5 lan 14 Jan 12 Jan AM/Orn "RAVI DAS" 21 Jan 5 Fab U Fab 12 F«b Mt* Bru INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers S «pn P
      717 words
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      Page 26 Advertisements Column 3
      668 26 STRAITS/PERSIAN GULF SERVICE: GOLDEN BEAR Cotomt»/Karacfc</Dutei/Oamnafn GOLDEN HARVEST Cotomiw/Karachi/Oubx CHINA 5kKVH#t A VESSEL Xmaw. Stenftei BAI TUN SHAN Shanghai DAI TUN SHAN Tanftao GOLDEN LINE GUAM GUAM SMTMG (FIE) LID Q. Taiak tear StrMt SINGAPORE tm TIL SMW (10 UNCS) Fai: SO LF SERVICE: S port P Katani Paw aetu/Dutei/Oammair
      668 words
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      Page 26 Advertisements Column 4
      494 26 s EAST/FAR EAST F& ft LCI SERVICE yu. uiu mi. OJU I DONA. MUSCAT. BAHRAIN. JEOOAH. HOOEDAH. AOARA H. ROW. KOBE. KEBJJNG. COLOMBO KARACHI. nuzn n az PHIII OniCNT UN€S PT€ LTD HEAD err iCf t3 RO« SSCS Koao 'o: '2 AFRO AS A'PJIIO S: S S~Z r CPI 01CTFIF*
      494 words
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      Page 27 Advertisements Column 1
      901 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD Ft EU/AUST TPA/SEA T«fM CFS BOOKINGS *****J 27tVG man muss vmn zmm 27MUI 27MM NEPLINE SON. BHD. MMH7 INWARD/OUTWARD NEPLINE SON. BHO. *****3 ENQUIRIES WW NEPLINE SON. BHO. (2N9V87M*1271U/K7IB NEPLINE SON. BHO ZiWMM FAR EAST/OMR RIU.Y TO EUROPE/UK (VIA SUEZ):! r*. h™
      901 words
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      Page 27 Advertisements Column 2
      392 27 HEUNG-A SHIPPINI Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG BUSAN, INCHON No I Oontrnf/m 17/11 M. I PriM/nW mu No Dortam/712N 17/12 No Donam/709N 1302 No 7 Donam/700N 2002 No I Donam/TION 23/12 Uoru/721N 30/12 a# CmVmk PM wnwii wwy ii wwvvn rm, "No. I Donam/70M/S" BKK
      392 words
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      Page 27 Advertisements Column 3
      715 27 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 ***** PENANG MESSRS MAI THONG SHIFTING 127 Nmm Strati. Pm- (Ura CMk JAYAPOH PENANG, Tat: 6229*4/622*/ Tata MA 4004]
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      Page 27 Advertisements Column 4
      12 27 y~~\ o MADJU SENDIRIAN BERHAD 3 REGULAR VESSEI SERVICE TO BELAWAN WEEKLY
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      Page 28 Advertisements Column 1
      403 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 bnes> FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAO VE.B DEUTF RACHT/SEfcREfcDEREI p INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: Aaaptov carp tor I*WA Bombay. Cochtn. Madras I Calcutta -VIA LAM AC A: Accaptont cargo for
      403 words
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      167 28 fi Regional Weather a v> fx Q it 1 t'4 m n m s=l svr* < M uiRB 3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: *C C 5 w Wind direction with speed in knots Wave height R Thunderstorm Temperature c V Shower Weather Wind
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  • Page 29 Advertisements
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      681 29 UNI-OCEAN LINES PTE. LTD. 60 Cecil St. #02-01. KPB Building S'pore 0104. Tel: *****66 (5 lines) Telex: RS ***** UNISHIP UJU -if VESSEL LIYANG LIYANG LIYANG LIYANG M TONS MAX. UFT 4t METER PO«T«. A J" IST Cl ASS CONTAIN! K TRANSf Ofc Scan Dutch 9 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA)
      681 words
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      Page 29 Advertisements Column 2
      206 29 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. c n an J ojjj I j. —xJ la. Jyj I Algerian Nation.il Line ja» S PORE LOADING FOR M.V. BISKRA 2S/12 Japan ALL VESSELS ACCEPTING Fa CONTAINERS FOR JAPANESE PORTS Heevy Lift 100 tons available On Inducement on caH Indonesia 1 East Malaysia
      206 words
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      547 30 KINK I.INKR SHIIMM N(• I'll I II) Y&Zk] A """•"HI T i' S <♦> 11fit- i > fs I;INFh fAi KI KOl'i: SKKVK I l£S ISSt 13* FAR EAST SERVICE 2Ai HP l/U UIU fi ifi iS S Mi n/u aiu wu MIDDLE EAST GULF SERVICE SS ST'SfTlf'S'Tt WEEKLY HKG/CHINA
      547 words
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      Page 30 Advertisements Column 2
      398 30 j£ ZIM SIKAPOK ACCEPTINS CAJNO TO ADELAIDE VIA MELBOURNE AND ALSO FCI TO MAM. SIN CTN ALX WE VCE US an aw w mi n/12 2/1 WW----X 4'ML S&2 GOLD STAR LINE GOLD AUSA Abtdjan/Apapa/Lagoe/Cotonou Port Hertourt/Douala/T•ma/Koorwia/Lom* IS/12 QOLO LEAF CTG/Cotaßbo/MoNikosa/D.E.S./Durbeii/lbputo/llahe 11/12 VAAL P. Elizabeth, Capetown. Durban 12/12 OTHER AFRICA
      398 words
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      Page 30 Advertisements Column 3
      405 30 Everett Steamship Corpn.S/A WEEKLY FULL CONTAINER SERVIC^^^H RATU KONSORTIUM SINGAPORE/JAKARTA VOY SINGAPORE JAKARTA PANJANG' ETA ETD ETA ETD ETA ETO o«/i2 00/12 00/12 00/12 11/12 13/12 15/12 10/12 11/12 20/12 22/12 21/12 25/12 27/12 29/12 9/12 J/12 10/12 12/12 14/12 10/12 17/12 19/12 20/12 2Q/12 21/ll" USBII7B 9/12 10/12 12/12
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      326 31 ahrenkiel liner service CONTAINER LCI SERVICE TO PORT LOUIS DURBAN AWT A WW 08/12 ALS RELIANCE VMM I*l2 ALS ENOEAVOUR V97W 2*12 Accepting Container* lor Johanneet PTI DSN 20/12 28/12 90/12 06/01 10/01 15/01 ■tao accepting LCL to Port Louta and Durban I jFifH j sMII Jl »lacceptino b rear
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      Page 31 Advertisements Column 2
      670 31 c£r A ti THE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA vessel S HOfUF FEA 029 a REGULAR RO-RO SER P KELANG 29 DEC 12 JAN TO MR>OL£ EAST l|T V TV If'j.UY.V 27 DEC 10 JAN 03 FEB Accaptinf Braakbutk, Re/to, Contatnars 4 FCL Cantainara far Sharjah, Mm and Riyadh.
      670 words
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      Page 31 Advertisements Column 3
      347 31 +*WMM*. (Parloct China Ocaan Shipping Uw) Etd. S PORE EM. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKCMJ, ZHANJIANG XtNGANG, QINGOAO SHANGHAI OTHER PORTS CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG II MAR.TIME TRANSPORT MANAGEMENT PTE LTD UAH SENG NIN 3 FAYROUZ2 TACNOON TM EVER SPLENDOUR SARANA MTU In Part Port NUna. wmmm 3- Dk
      347 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      274 32 Hai Sun Hup Co (Pte) Ltd Tf i .'.'(ll'Klli (?0 lull".) Tl X US .'.'(lt.! US .'()»>/';• I \S |<\ K I I\ 1 K II!) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO Si HEAVY LIFTS •Subiact inducomont "Loading for Funateshi Eta 6/12 MOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG,
      274 words
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      Page 32 Advertisements Column 2
      495 32 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMKOWTAftR SERVICE TO NORTHBOUND TO UKC S'KRC RDM/A DAM HBC HULL (U.K.) PRO ATLANTICA VIN 12/12 12/1 IS/1 TAUSALA SAMOA VUN 3Q/12 23/1 27/1 20 MORAYBANK V4N 13/1 (0 10/2 14/2 CLYDEBANK V22N 27/1 17/2 21/2 25/2 Calling Liliow *Alw
      495 words
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      Page 32 Advertisements Column 3
      175 32 1 rrrTS LCL WEEKLY SERVICE TO: BMKKN 2/12 ROTTBKBAM 1/12 ■it 2/12 TUNY 1/12 HBMMTLE 7/12 SYI/MBJ 11/12 WEEKLY CONSOL SERVICE FROM GERMANY CON-CARRIER 47/17 CON-CARRIER 4S/S7 ETD GERMANY ETA S PORE 17/11 1/12 24/11 14/12 LCL SERVICE TO CARRIBEAN PORTS ST. VINCENT, GRENADA, ARUBA, GRAND CAYMAN, BERMUDA, BELIZE, HAITI,
      175 words
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      Page 32 Advertisements Column 4
      582 32 m mm CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 3M5753/M7lll '04-*****2/4, *****3 •07-*****8 •07-*****3, *****5, *****0, *****1 (02-*****22 *****00 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE IIOMTI.T.T B/. 1 TT7T T7T TTT J<| 3 fiViVi'tf, I 1 ■AUK). OSLO. BASLE, MS STOCKHOLM, FROM EUROPE VSL JUTLAMDU
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