The Business Times, 11 December 1987

Microfilm: NL16037
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 112/12/86 FRIDAY, DECEMBER 11, 1987 75 CENTS
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  • Article
    FINANCIAL NEWS SUMMARY
    147 1 Overseas markets Thursday HK Hang Seng Index 2027.67 42.69 Tokyo Nikkei Average 23,280.84 395.14) Sydney All-Ordinaries 1,236 (-1.6 Wednesday New York (Dow Jones) 1902.52 34.15 London (FT 30 Index) 1297.6 2.7 Exchange rates US$: 132.15/25 yen 1.6615/25 DM SS2.0305/15 US$1.8025/35 M$ S$0.8125/32 Simex Euro-$ (Mar) 92.13 6
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  • Article
    Lock icon Dow Jones lower
    41 1 Reuter WALL STREET stock prices deteriorated on heavy selling early yesterday, triggered by a much bigger than expected October trade deficit, said analysts in New York. The Dow Jones Industrial Average stood at 1866, down 36 points. Reuter
    Reuter  -  41 words
  • Article
    Lock icon London down
    51 1 Reuter UK SHARE PRICES plunged further yesterday after an early 40point fall on Wall Street, with the FTSE 100 share index dropping 51.3 points to 1,588.0 just 10 minutes after the New York opening. Equities were falling in reaction to a larger than expected October US trade deficit.
    Reuter  -  51 words
  • Article, Illustration
    Stock prices up sharply in major Asian markets
    308 1 STOCK PRICES rose sharply in major Asian markets yesterday, with market sentiment bolstered by another strong overnight rally on Wall Street. The Singapore stock market closed higher for the third consecutive day in moderate trading. Many counters posted gains but were off
    308 words
  • Article
    Committee says 'yes' to rotation of auditors
    611 1  -  Report from SSA-appointed panel By AMY BALAN A SPECIAL COMMITTEE comprising accountants and various representatives from the private and public sectors has come out strongly in support of a proposal to rotate auditors of publiclylisted companies. The report of the 17-man committee appointed
    611 words
  • Article
    Lock icon South Korean foreign debt to be halved by 1992
    169 1 Reuter SOUTH KOREA'S foreign debt should be cut by nearly half to US$l9 billion by 1992 due to the country's large balance of payments surplus, Deputy Prime Minister Chung In-Yong said yesterday. Mr Chung said in a report to President Chun
    Reuter  -  169 words
  • Article, Illustration
    MRT to sell concession tickets
    315 1 MRT CONCESSION TICKETS will be sold to students and full-time national servicemen next year to make travelling on the Mass Rapid Transit system easier. From Jan 2, the Singapore MRT Ltd will be selling these tickets at the 14 MRT stations from Yio Chu Kang
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  • Article
    Befriend your computer
    58 1 EVEN EXECUTIVES who work with computers the whole of their working day can find their PC at home a formidable challenge. What more the executive with less exposure? But there are easier, friendlier alternatives. Find out in Technology Page 5. Also, a look at IBM and its
    58 words
  • Article
    Lock icon Gatt to meet next year
    107 1 Reuter OFFICIALS of General Agreement on Tariffs and Trade (Gatt) have tentatively agreed to hold a meeting in Canada next year to review progress on talks begun in 1986 US Trade Representative Clayton Yeutter said the ministerial level meeting would be held in Vancouver in
    Reuter  -  107 words
  • Article
    Mood of elation at pre-Summit talks
    512 1  -  By BRIAN GOMEZ ASEAN officials opened their pre-Summit discussions yesterday in a mood of "elation" in the face of positive political developments in the Philippines and internationally. The historic Intermediate Nuclear Force (INF) treaty signed in Washington was cause for "elation", the Philippine Secretary
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  • Article
    Dr Hu refutes US charges against Singapore
    311 1 FINANCE MINISTER Dr Richard Hu last night demolished the charges hurled at Singapore by the US in attacking the economic policies of the four Asian newlyindustrialising countries (NICs). To continue grouping Hongkong, South Korea, Singapore and Taiwan together on economic issues will only
    311 words
  • Article, Illustration
    Lock icon Sihanouk cancels meetings with Hun Sen
    238 1 AFP CAMBODIAN resistance leader Prince Norodom Sihanouk has cancelled two scheduled meetings with Prime Minister Hun Sen of the Vietnamese-backed Phnom Penh regime. In a telegram to Mr Hun Sen, released in Paris yesterday, Prince Sihanouk said he was cancelling the meetings until the
    AFP  -  238 words
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      97 1 ■nnftTftCßftflj fv.tof.wi "ffj CAN COONT Singapore not*#) Sn back page FREE SHIRTS SLACKS THE 'CLASSIC LOOK BY LEGENDARY CROCODILE AVAILABLE AT #02-35 CENTREPOINT #01-71 PARKWAY PARADE *03-123 MARINA SQUARE #01 08 OUB CENTRE #01-60 GOLDHILL SQUARE #03-26 FUNAN CENTRE #02-55 MERIDIEN SHPG CTR #01 134 SOUTH BRIDGE RD #01-119 NEW
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      301 1 Full report, Pag* 14 Regional markets, Paga 16 World markets, Page 17 SHARE REFORMATION MONEY EXCHANGES STRATEGIC PLANNING Associates Pte Ltd holds the distinction of being the first company to receive a new government incentive for its exports of services. HOME NEWS, Page 2 THE SINGAPORE Science Centre has embarked
      301 words
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      5 1 More reports on pago 3
      5 words
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      16 1 A now ora In commuting and shopping, Pago 11 Leader, Page 10 More reports, Back Page
      16 words
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      Page 1 Advertisements Column 5
      44 1 EP4IOZ QUADRLJPLE ZOOMING POWER MINOLTA Power-enlarging to 4 times original size. Sm page 10 AT A. TESTONI BOUTIQUES #01-10 Hilton Hotel Shopping Gallery Tel: *****55 #03-28/29 Mandarin Hotel Shopping Arcade Tel: *****38 Sogo Dept. Store Halley's Dept. Store Teslux Pte Ltd Tel: *****45, Singapore
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  • HOME NEWS
    • Article
      SPA gets incentive to export services
      443 2  -  By BOEY KIT YIN STRATEGIC Planning Associates (SPA) Re Ltd. a subsidiary of an international management consulting firm, holds the distinction of being the first company to receive a new government incentive for its exports of services. Under the export of services incentive, details
      443 words
    • Article
      Watch out for The NEW Paper
      269 2 SINGAPOREANS starved of their lunch-time New Nation or Singapore Monitor take heart: The Straits Time Press will publish a new lunch-time tabloid from July. The newspaper, which has yet to be named, will be published from Mondays to Saturdays, will have more colour and
      269 words
    • Article, Illustration
      Science Centre goes all out to 'sell' Omniplanetarium
      440 2  -  By JEFFREY TSANG THE SINGAPORE Science Centre has embarked on an ambitious advertising and promotions programme to ensure the success of its new $18 million omniplanetarium in Jurong, which was opened by President Wee Kim Wee last night. It has lined up
      440 words
    • Article
      Dynasty, Plaza hotels embarking on renovations
      340 2 DYNASTY HOTEL will be spending about $1 million next year on improving its 33-storey hotel to maintain its image as a five-star deluxe hotel. Another hotel which is making an effort to keep up its image is Plaza Hotel. Following a $12-million facelift, completed
      340 words
    • Article
      NZ ambassador presents credentials
      61 2 NEW ZEALAND'S High Commissioner to Singapore, Mr Don Harper, presented his credentials to President Wee Kim Wee yesterday. He replaces Mr Tim Hannah. Mr Harper, who was the Deputy High Commissioner to Singapore from 1968 to 1971, served as Consul-General in Los Angeles, High Commissioner in
      61 words
    • Article
      'Statements on priest based on facts'
      338 2 THE HOME AFFAIRS Ministry yesterday reiterated some of the findings on which it based its statements that Father Edgar D'Souza had an illicit affair with a woman lawyer. This was in response to Archbishop Gregory Yong's comments on Monday that the "Church does not
      338 words
    • Article
      Tertiary education shifts to professional courses
      200 2 IN THE DEVELOPED countries. the trend in tertiary education is towards professional or "job-relevant" courses, says Dr Tay Eng Soon. Minister of State for Education. The ivory tower image is essentially a thing of the past. Universities today are fully locked in with the
      200 words
    • Article
      Police must foster strong ties with public
      212 2 BUILDING a good and close relationship between the police and the community is very important, says Mr Lee Yiok Seng. Senior Parliamentary Secretary. Ministry of National Development He was speaking at the graduation parade of police national service officer cadets and servicemen at
      212 words
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      21 2 4 nr m ■y 4J '-'■j \v, Ml s &*>* x 5 K V <1 c *A r A > Australia's Favourite Beer.
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      390 2 Seminars and Courses I -J Conferences f CM Li Financing Strategies for Growth Companies Jon 13-16 INPRINT '88 International Publishing and Printing Opportunities ion 21 -22 Successful Strategies and Advonced Techniques in Aircraft Finance Jan 25-26 Civil Aviation in the Pocific Basin The Pattern of the Future Jon 25-26 Air
      390 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Turkish Parliament to debate on economy
      247 3 Reuter DEBATE ON Prim® Minister Turgut Ozal's free market economic policies is likely to dominate the first session of Turkey's newlyelected Parliament. Political sources in Ankara said on Wednesday that Mr Ozal's conservative Motherland Party, returned to power on Nov 29 with an overwhelming
      Reuter  -  247 words
    • Article
      Lock icon EC wants to end benefits for Seoul
      95 3 AP THE EUROPEAN Commission yesterday proposed ending special trade benefits given to South Korea following the failure to resolve a dispute about patent protection. The benefits are given as part of the Generalised System of Preferences (GSP) under which the European Community waives
      AP  -  95 words
    • Article
      Lock icon Unicef pleased with Asia's child care efforts
      219 3 AP MOST ASIAN NATIONS have put their growing economies to work to improve child health care. A report by the United Nation's Children's Fund, released yesterday, points to Singapore. China. Thailand. Sri Lanka and South Korea as success stories. These nations have fared
      AP  -  219 words
    • Article
      Lock icon Japan should hit 4pc growth
      85 3 Reuter INTERNATIONAL Trade and Industry Minister Hajime Tamura said yesterday that Japan should aim for annual economic growth of about 4 per cent in the fiscal year ending March 1969 and the years following. Mr Tamura said Japan should continue its efforts to expand domestic
      Reuter  -  85 words
    • Article
      Lock icon South Korean companies boost investment overseas
      399 3 Reuter SOUTH KOREA is boosting investment in Europe amid fears of growing protectionist sentiment among its European Community trading partners over Seoul's swelling current account surplus. The moves follow a major push into the North American market in the early 1980s and signal Seoul's
      Reuter  -  399 words
    • Article
      Lock icon Justice panel against India hiring US detectives
      152 3 AP AN INVESTIGATING commission on Wednesday criticised the Indian government's hiring of an American detective agency to investigate alleged corruption by Indians, saying the firm's methods and exCIA employees could harm India's security. The government commission, made up of two Supreme Court judges,
      AP  -  152 words
    • Article
      India agog with talk about Rajiv's differences with new president
      338 3  -  By HARISH MEHTA INDIAN PRIME MINISTER Rajiv Gandhi is having trouble with his new president, recalling his much-publicised fallout with former president Zail Singh, reports the New Delhi-based fortnightly magazine, India Today, in its issue dated Nov 30. President Ramaswamy
      338 words
  • Page 3 Advertisements
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      214 3 he investment at began in mid-air. i Frankfurt, Germany She was beautiful. Long and lean, with smooth curves and more on-board computer systems than an ocean-going yacht. Without question the star of the show. And at one of the biggest Automotive Fairs in the world, that was some achievement. She
      214 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      40 3 V//1 Max/ Note Moscow Nassau New DeM New York Nicosia Oslo Paris Perth Rio 'Janeiro Rom* Son Frta'co San Juan Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tel AWy Tokyo Toronto Vancouver Vienna Warsaw WjhlJiuiljlii ▼v a sn »r>g too
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    • Miscellaneous
      Page 3 Miscellaneous Column 2
      20 3 Doonesbury BY GARRY TRUDEAU 3tkA? Wa w U5 A MAYBE ROW. w i WW YVfr. 1 Si V ■m mi*
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  • REST OF HTE WORLD
    • Article, Illustration
      Lock icon US, Soviet leaders cautiously optimistic
      651 4 Race to achieve basic pact on cutting strategic weapons AFP THE THIRD SUMMIT between Soviet leader Mikhail Gorbachev and President Ronald Reagan moved into its make-or-break phase yesterday with both leaders showing cautious optimism over the chances of building on the success of their intermedi-ate-range
      AFP  -  651 words
    • Article
      Lock icon Economic analysts point to major obstacles in the way of new trade with the Kremlin
      517 4 Reuter SOVIET LEADER Mikhail Gorbachev is waging a heated campaign to broaden trade with the US, but there are obstacles in the way. Economic analysts in Washington said on Wednesday that Mr Gorbachev and his
      Reuter  -  517 words
    • Article
      Lock icon Call to use nuclear material for electricity
      170 4 Reuter NUCLEAR MATERIAL from missiles scrapped under superpower disarmament deals should be diverted into producing electricity. the head of the International Atomic Energy Agency said. lAEA director-general Hans Blix also said the agency could use its long experience of monitoring nuclear fuel at
      Reuter  -  170 words
    • Article
      Lock icon EC Commission to sue members over budget impasse
      336 4 AP THE EUROPEAN COMMUNITY'S Executive Commission said on Wednesday that it would take the 12 EC nations to court for failing to set a 1988 budget for the trade bloc. EC Budget Commissioner Henning Christophersen said the failure by the EC leaders
      AP  -  336 words
    • Article
      Lock icon Soviet factory to offer workers share in its profits
      439 4 Reuter A FACTORY in the Ukraine will break new ground next January when it becomes the first Soviet enterprise to offer its workers a share in the profits. Valery Samoilov, chief engineer at the Lvov conveyor combine in the west Ukrainian
      Reuter  -  439 words
    • Article
      Kaufman sees risk of recession I'm 1989:
      259 4 Kaufman sees risk of recession I'm 1989 THE US ECONOMY faces a strong risk of tocession in 1969 as a result of higher inflation and rising interest rates in 1988, according to Henry Kaufman, Salomon Brothers trie managing director. In answer to reporters' questions following his statement on the financial
      259 words
    • Article
      Lock icon Surge in demand for holidays in the US
      628 4 FT A SHARP SURGE in demand for holidays to the US following the decline in the value of the dollar has been experienced by tour operators and travel agents. Exhibitors at the World Travel Market Exhibition, held at London's Olympia. have reported
      FT  -  628 words
    • Article
      Lock icon EC to drop action against airlines
      175 4 FT THE EUROPEAN Commission decided on Wednesday not to proceed with its direct legal action against nine major European airlines. The move to drop the suit had been expected following Monday's landmark deal on airline reforms, which provides for lower discount fares for air
      FT  -  175 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      848 4 ARRIVALS Operator S«fv<ct Local From numbof Mrm FT FT71 0115 jnc/kOS/OMD/ ANC/NTT/MNL/ TPS SU SOU 0115 LAX/NTT UA US805 0120 SFO/HKG JAl J LAI 5 0305 TYO MAS MH601 0730 KIA MAS MH681 0820 KIA SU SQ43 0620 DMA KAl KE697 0905 S&/M* MAS MH811 0910 PEN
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      187 4 The Shangn-La Inn Penang brings to the heart of Georgetown a standard of service never before seen WrSmM, Is' Penang. Its 426 guestrooms 2nd 16 suites feature the finest in amgnjri*< And being cenualty located 1 C! in the heart of Georgetown it is die WTliy ideal base for business,
      187 words
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      10 4 mmm *MI *1 V*> BE AS ■1 SEASON'S GREETINGS ■he *> ■>
      10 words
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  • TECHNOLOGY
    • Article, Illustration
      They're getting to be more personable and friendly
      922 5  -  k l?@ By JEFFREY TSANG AT BUSINESS TIMES, work is done almost entirely on computers. It is not a paperless office in that it receives a ton of mail a day but other than that, internal operations are just about fully computerised.
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    • Article
      The Big Blue giant labours to stay fighting fit
      691 5  -  By LEE HAN SHIH PLAGUED BY A combination of overstaffing and imaga problems, and hit by low-cost competitors from Asia, IBM nonetheless looks set to become the biggest company in the world by the end of this century. But the next
      691 words
    • Article
      Telerate gives more punch to technical analysis
      278 5 TELERATE, a leading supplier of electronic information services in the financial arena, has introduced a new and more powerful version of its graphic technical analysis system, TeleTrac. Like its predecessor, TeleTrac II gives financial professionals the ability to carry out analysis on Telerate's
      278 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      27 5 limited Edition. 1 1 1 1 urrri'i 1* < A rare and fine gift.'Ero exquisitely crafted Hennessy X.O miniatures with a 70cl bottle of Hennessy X.O -The Original.
      27 words
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      41 5 COMPUTER AUDITING The Century Parte Sheraton A three day presentation in Singapore by Professor Andrew Chambers, BP Professor of Internal Auditing, ity University Business School, London. For information call Ella Wilkie *****76 EVENTS Sara Beattie Ltd 6E Mount Sophia, Singapore 0922
      41 words
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  • MONEY AND EXCHAGES
    • Article
      Forex markets
      1323 6 SINGAPORE: The US dollar closed mixed against major currencies after moving within a narrow range throughout yesterday in thin trading. Most operators were reluctant to take new positions ahead of yesterday's US October trade data. The dollar ended unchanged from New York's 132.15/25 yen close. The fall in
      1,323 words
    • Article
      Comex gold/silver futures
      139 6 Gold futuros on Doc 9 100 toy ouncac USS par troy 01 m Opm Man Lav Mb f Dae 4*3.(0 4*4.20 m op 4S4J0 1.00 Jon 4*4.10 040 Nb M 490-50 490*0 4**.*0 4*9.40 1*0 496.00 4*7.10 495.00 ***** 140 JMI 503.30 503.30 ***** 501 *0 140
      139 words
    • Article
      Asian $ market
      358 6 Asian market ASIAN DOLLAR deposit rate* yesterday closed little changed from opening levels, after a day of quiet trading. Moat operators were reluctant to take freeh positions ahead of yeaterday'a releaae of US October trade figurea, generally expected to show a deficit of US$l4.5 to US$l5 billion againat a US$l4.l
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    • Article
      Simex/IMM
      606 6 EURODOLLAR future# opened higher in Simex yesterday from overnight short-covering but drifted slightly lower during the session. Trading was sluggish with traders awaiting the release of the US trade balance data to be released later last night. March Eurodollar opened at the intraday's high of 92.14 and dippwl off
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    • Article
      Options
      1230 6 CURRENCY FUTURES OPTIONS Thurtdoy December 10, 1987 dcutscmkmauk (wmex) cefc JwMpM MaH In Ml M* Lee SM 5* J 57 3*8 7 5® 290A 291 14 59 203A 309 30t so 60 -t. 135A 136 564 5* *i m* «j loot ioa 62 49A 45 164> 162 43 25A
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      318 6 Business Quiz iO i I K 1 on achievement $5,000/- to be won! Business Times and DHL are running the Business Quiz contest in conjunction with the BT-DHL Businessman of the Year Award. Write your answers in the official entry form. (Hint: Answers can be found in articles which appeared
      318 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Strike threatens cash shortage in France
      494 7 AFP FRANCE faces a nationwide cash shortage in the run-up to Christmas because of a strike by employees of the Banque de France, the country's central bank, concurring sources in Paris said on Wednesday. Earlier in the day, the eight-day-old strike was marked by
      AFP  -  494 words
    • Article
      Lock icon SEC chief wants banks to have separate subsidiaries for securities business
      190 7 Reuter US SECURITIES and Exchange Commission (SEC) chairman David Ruder says he wants banks now engaged in the securities business to set up separate subsidiaries for those activities, even if the Glass-Steagall law was not repealed. Testifying before a
      Reuter  -  190 words
    • Article
      Lock icon US notes
      51 7 Reuter JAPANESE INVESTORS are buying more two- to five-year US notes and selling 30-year US bonds, according to bond traders at Tokyo securities houses yesterday. Fears of inflation and higher interest rates in the US have pushed up yields on long-term US bonds, making investment in them riskier.
      Reuter  -  51 words
    • Article
      Lock icon Tokyo insurers face big write-downs
      99 7 Reuter JAPANESE life insurers may have to recognise substantial write-downs at current exchange rates in the period up to March 31 next year, according to Moody's Investor Service Inc on Wednesday. The agency said the possible write downs would reflect the weakened financial position of
      Reuter  -  99 words
    • Article
      Lock icon UK government will not extend safety-net offer to buy back BP shares
      369 7 FT THE BRITISH GOVERNMENT does not intend to extend the Bank of England's safety-net offer to repurchase partly-paid British Petroleum shares beyond the announced closing date of Jan 6. This decision means that the bank will almost certainly
      FT  -  369 words
    • Article
      US$ hits post-war low in morning trading
      330 7 THE US DOLLAR came under renewed selling pressure in morning trading on Asia's foreign exchanges yesterday, hitting a new post-war low of 132.07 Japanese yen in Tokyo before closing at 132.18 yen. The previous low in Japan was recorded on Dec 1 when
      330 words
    • Article
      Lock icon 'Dirty float' is likely to stay, say economists
      863 7 Debate over whether currencies should be free or fixed Reuter FIFTEEN YEARS since the debate last raged, experts are arguing again over whether currencies should be free, fixed or somewhere in between. The latest effort to manage exchange rates the Group of
      Reuter  -  863 words
    • Article, Illustration
      Lock icon Driving into the US banking industry
      604 7 UPI AMERICA'S top motor car makers have been busy steering themselves head on into the banking business. But how far they will be able to go may be marked by whether US federal regulators allow Ford Motor Co to acquire American Savings Loan Association,
      UPI  -  604 words
    • Article
      Government securities market
      84 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity RID OFFER HtGH LOW 3 months RQ*****£ 10.3.88 2.98 2.93 2.95 2.83 6 months BS*****S 21.4.88 3.03 2.98 3.24 2.70 1 yoor BY*****T 24.11.88 2.30 2.25 2.45 2.13 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
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    • Article, Illustration
      World interest rates
      175 7 Indicate* tha mragi of Prima tending rates of 12 major banks in S'pora Interbank market rates (offer/bid) on Dec 10 us$ DM SWFC Y«n r don 4 13/14—13/16 3/« 1/4 3 1/14 3 15/14 1 3/4 4 3/« i/a J/16 3/14 9/14 7/14 3 13/14— 11/14 4
      175 words
    • Article
      Money markets
      61 7 THE overnight rate on the Singapore interbank market fell !4 point to close at 3)4 per cent yesterday. The three-month rate rose 1/16 point. S$ Interbank rates at 7pm yesterday: OHW MO Or»». y 3 1/2 3 1/4 1-rnon*. 3 7/1« 3 5/16 2-flionrtt 3 |/2 3 j/g
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    • Article
      Lock icon Kenya releases five on bail
      172 7 Reuter A NAIROBI court has released on bail three bankers and two traders facing charges of failing to remit to Kenya US$35 million of foreign exchange from coffee exports. The court released Hemchandra Balkrishna Nadkarni, general manager of Bank of Credit and Commerce International (Overseas)
      Reuter  -  172 words
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  • COMMODITIES
    • Article
      Lock icon US$ impact on commodity markets
      791 8 Effect of dollar fall less dramatic than expected Reuter THE SLUMP in the US dollar has so far had a less dramatic effect on commodities than expected, according to Daniel Schultz, senior economist at Drexel Burnham Lambert Ltd. Other analysts and economists said on Wednesday
      Reuter  -  791 words
    • Article
      Lock icon Soviet Union publishes oil, gas and grain export figures
      303 8 Reuter THE SOVIET UNION said on Wednesday it managed a slight increase during 1986 in the volume of its petroleum exports, its chief source of hard currency. In line with the Kremlin's drive for openness, it published export volume figures for
      Reuter  -  303 words
    • Article
      Lock icon Opec in hard bargaining day
      753 8 UPI THE 13 Opec oil ministers met for a second day yesterday amid optimism about a compromise on production and prices. But a spokesman said the hard bargaining still lay ahead. Opec spokesman James Audu said after the ministers convened their first negotiating session on
      UPI  -  753 words
    • Article
      Oil and Products
      75 8 VERY LITTLE CHANGE was seen in product prices as trading remained thin with traders reluctant to take fresh positions until some indications of market direction are seen from Vienna. Duboi (ion) Wwr r»»oi USJ/bofr»t 16.35 Oiongo -0.02 wn (Jon) li_57 0-50 Products (FOB S'pore) USl/borral Chang* KtroMnt
      75 words
    • Article
      Precious Metals
      249 8 HONGKONG: Gold cloeed firmer on sporadic buying mainly by local investors yesterday. Bullion sndsd at U*****.50/90 an ouncs against an initial U*****.30/80 and New York's U*****.10/80 close. On the local market, gold finished HK$5 lower at HK54.488 a tael. Coins were generally lower with Krugerrands losing $5 to
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    • Article
      Palm Oil
      449 8 Crude palm oil prlcea closed lower on liquidation and buyers' reserve yesterday. Dec central region fell Msls to Ms9oo a tonne while south was down Mslo at Ms9os. The refined palm oil market was dull ahead of the results of India's tender. Jan RBO palm oil traded US$5
      449 words
    • Article
      Soybean
      198 8 SOYBEAN FUTURES in Chicago extended gains at the close on Wednesday with prices up 534 to K US cents a bushel. January finished VA cents higher at USss.9o* after meeting resistance at USss.93*. Steady commission house buying helped firm prices further. The buying was inspired by strength in soymeal
      198 words
    • Article
      Lock icon Russia approves proposed UN fund to stabilise prices
      245 8 AP THE SOVIET UNION on Wednesday approved a proposed UN fund aimad at stabilising world commodity prices, virtually ensuring the fund can be set up. Soviet ratification of an agreement to eetablieh the UN common fund for commoditiea brings membership to 90
      AP  -  245 words
    • Article
      KL Tin
      106 8 THE TIN PRICE on ttw Kuala Lumpur Tin Market (KLTM) y—relay ctoeed unchanged from Wednesday's MSIB.9S kg alter an uninspired trading wilon. In tie abeence of freeh toede, buyers and aaNara agraad to eedto at the opaning price. Tha stesdlneee waa attributed to Incrsessd buying Interact from Japan,
      106 words
    • Article
      Rubber
      326 8 SINGAPORE Tha market closed firmer with January One RSS buyers quoted at 218.00 cents/kilo, up one cent from Wedneeday's cloae. The morning session gained 0.75 cents in quiet trading. Trading in the afternoon continued quiet but prices added 0.25 cent towards the cloee. Some dealers said sentiment was also
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    • Article
      Wheat
      194 8 WHEAT future* closed mixed in Chicago with prices up one to off US cent a bushel on Wednesday. March was V 4 cent higher at U553.1314. Nearby prices firmed on local and professional buying amid persistent talk that the Soviet Union and China might be offered another 1.0 million
      194 words
    • Article
      Produce Prices
      172 8 Chinas* Product Exchange Sellers' noon doting pr Dec 10 (SS/100 kg) Icet on Coconut oil Ml FOt 97.00 Otd drum FOt 107.00 New drum FOt 111.00 Copra Mixed (leoae) 55 Pepper FOt NLW 1212.50 Sarawak wMte FOt foq NIW 1197 JO Sarawak tpedal black FOt NIW 872.50 Wock
      172 words
    • Article
      RAS and MRELB
      236 8 RAS prices m s fob in m W NOON CLOSE Buy on Sellers 8uyon Setters Int 1 RSS Prompt 218.75 *****N 219.00 220.00N Int 1 RSS Jon 88 ***** 218.25 218.00 216 JO Int 1 RSS Fob 68 217.25 ***** 217.50 216.00 Int 2 RSS Of 215.50
      236 words
    • Article
      SSR and SMR
      75 8 1 poAsti) JANUARY 88 FEBRUARY 88 (currant month) (forwai •d month) RAS NOON NOON 8airari SS« 30 ***** 231-50 319 JO 331 JO SS> 50 31 tin 330.00N 318.00 330.00N PJ; Ml:l Man Sm» cv 373.00 275.00N 374.00 S#Hin 376.00N SMI I 373.00 275.00N 274.00 376.00N SMI
      75 words
    • Article
      London Markets
      318 8 London Commodity Exchange Bvytf/Stlif doling Doc 9 (£/tonno unioi prfcot on n ipadfiod). Provious doting prta pO n In Coll## (ash In-dor* London, wdtn option OF London Jan 1225/1227 (1232/1234) High/Low 1236/1225 Mar 1246/1248 (1255/1257) Mgh/Low 1258/1245 e— i dOwS (1684) Coco# DK 998/1003 (1005/1006) High/low 1003/993 Mor
      318 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      43 8 PERSIAN CARPET AUCTION Sunday. Dec 13. 1987 at 2pm. San Marco Marco Polo Hotel Tanglin Road Singapore 1024 Oriental Carpet Palace (Pte) Ltd HIGHLIGHT Lot no 50 Superfine Old Persian Nam Carpet Tree-of-life design Silk outlined throughout Size: 2 15m x 3 30m
      43 words
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  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      824 9 Tokyo, October 1987 What Happened And Why? Investor Confidence and a Strong Economy Stabilize the lokyo Market NEW YORK LONDON F.T. Industrial Ordinary Shares Index (Mo EH3I3! H3ia mh 9 K r. fi v> 33M? H.' OctobT 14 1« 18 20 30 New York, London, Tokyo~ The world's three great
      824 words
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  • PERSPECTIVE
    • Article
      A summit of substance
      439 10 IT MUST SEEM a minor miracle to some that Asean heads of government are meeting as scheduled in Manila, given all the jitters caused by the political turmoil in the host country. But their determination to keep the date is a typical act of Asean unanimity.
      439 words
    • Article, Illustration
      A tiger — but of a different breed
      3823 10 A tiger but of a different breed In a dinner talk last night organised by the inseadClubof Singapore, the Harvard Club of Singapore and the Oxford and Cambridge Society of Singapore, Dr Richard Hu, Minister for Finance, spoke on Singapore and the Asian NICs, their similarities and contrasts. On this
      3,823 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      685 10 mmJtrnzmmmim k«:a< CRYPTIC PUZZLE 4 Being exhausted. he'd get on the bus! (6) 7 An undisciplined career is just natural (4, 4) 8 She provides a great man with a new hat (6) 10 Runs quietly for the most pert (5) 13 Break off the game? (4) 14 To perform
      685 words
    • Miscellaneous
      Page 10 Miscellaneous Column 2
      56 10 jfwy«»iHiiff :< BF- <grB l u>oks LiKesoroeTHiNG. F(?cn (JvPical ciry g«xt Hftvc •you soejsi thbt chp>P\ oortß gbun aers... ,DOU)NSTfS»RS IN JACKET LJifH V\ s -^r-V RtFLeCTOR SIRiPS s L£GG>irtGS PvND Pi HU&e J —n I -A IcgftSH HCLmeT |U O| /O. -s RTi T< reiuL mc P* l L
      56 words
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  • FOCUS
    • Article, Illustration
      A new era in commuting and shopping
      1415 11  -  Tomorrow night the MRT trains will begin to run through Singapore's commercial district, signalling the start of serious commuting for Singaporeans. The impact on retailers in the district and on the travelling habits of Singaporeans could be considerable. LIM SOON NEO and GENEVIEVE
      1,415 words
    • Article, Illustration
      For retailers, the more the merrier
      769 11 fHINK CROWDS, think business that's how many major retailvs regard the opening of MRT's qpcond phase tomorrow that will lake the trains through Singapore's main shopping artery, (torn Orchard Road to Raffles $ty. With the opening just about tfro weeks before Christmas, retailers are
      769 words
    • Article
      Closeness to home and office a decisive factor
      559 11 WHEN THE HOLIDAY spirit over the spanking-new, squeaky-clean MRT system wanes, will many hop aboard the trains to get to work or play? It depends on certain factors, say a number of office workers contacted by BT. One major factor is the
      559 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      1180 11 to m mm B 12 PM SAC Text Somple Pog«i Opening and Programme Highlights followed by Sport Sctnt, Coming AttrocHons. Aging; Life's Hidden Agendo The tody Ago* (Lair episode). Ever DiCftOiing QfdtL Sands of Time. Applause A Night At The Fillmore. IB 5 PM SBC Text Sample Paget. Opening and
      1,180 words
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  • SPORTS & LEISURE
    • Article, Illustration
      Lock icon Bruce stops clowning around
      714 12 AFP BRUCE GROBBELAAR was once known as the clown prince of goalkeepers, but now his on-the-field antics are confined to the Liverpool dressing-room. The Zimbabwean international has stopped doing his sea-lion tricks with the ball and standing on his hands in the goalmouth because it got
      AFP  -  714 words
    • Article, Illustration
      Lock icon Fleming aims to get McEnroe back in top form
      315 13 Reuter PETER FLEMING has accepted the most daunting job in tennis and agreed to manage John McEnroe next year. Fleming, long-time playing partner and off-court companion of McEnroe, disclosed the scheme during the Grand Prix Masters doubles championship in London on
      Reuter  -  315 words
    • Article
      Lock icon All ready for eighth Masters title
      204 13 Reuter PETER FLEMING proved yet again that he has few peers in the art of doubles tennis with a near-flawless display in the Grand Prix Masters championship on Wednesday. Winner of seven successive Masters titles from 1978-84 with old cohort John McEnroe, Fleming nursed
      Reuter  -  204 words
    • Article
      Lock icon Honeyghan fights on
      175 13 Reuter LLOYD HONEYGHAN has decided not to retire and will concentrate instead on regaining the world welterweight boxing championship he lost to Mexican Jorge Vaca in London last October. "I did come close to retiring, but I am a better fighter than you saw against Vaca and
      Reuter  -  175 words
    • Article, Illustration
      Lock icon Holmes aims to teach Tyson some respect
      775 13 UPI LARRY HOLMES decorates the walls of his training centre in Pennsylvania with photographs and drawings of former champions he deems worthy of the honour. The pictures are mostly of recent heavyweights and they range from the greats (Joe Louis, Muhammad Ali, Holmes)
      UPI  -  775 words
    • Article, Illustration
      Lock icon Turbulent future for America's Cup
      408 13 UPI THE CHAIRMAN of the International 12-metre Association believes the America's Cup faces a chaotic future unless an agreement is reached to limit future yacht races to a single class of boat. Gianfranco Alberini, commodore of yacht club Costa Smeralda in Italy, said earlier this
      UPI  -  408 words
    • Article
      Lock icon Franciscos in semi-finals
      67 13 AFP SOUTH AFRICANS Si I vino and Peter Francisco edged into the semi-finals of the World Doubles Snooker Championship on Wednesday night. The family partnership triumphed 5-4 over New Zealander Dene O'Kane and Jim Wych of Canada. They were joined in the last four by Scottish-teenager Steve
      AFP  -  67 words
    • Article
      PGA rained out
      101 13 A HEAVY THUNDERSTORM that came down over most parts of the island in the early afternoon wreaked havoc on the Singapore Island Country Club's Sime Course and forced the second round of the Singapore PGA golf championship to be postponed. Play was suspended at 2.30pm with the
      101 words
    • Article
      Preparing for and running marathons
      823 13  -  MO MOHREf BUSINESS with Mike Cashmore AS THE MARATHON BOOM continues more people are interested in learning how to prepare, train for and run marathons. During the next two weeks I would like to offer some advice for those who will be running in the
      823 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      768 12 •J! H ✓rm K x IP MING COURT HOTEL >INGAW»t Vm; f f~*) Now you con enjoy all your 'Ming Favourites' in an economical set dinner at Ming Palace. Served with steaming hot rice, the delightful five course set dinner include a soup, 2 meal dishes, 1 vegetable dish and
      768 words
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      Page 12 Advertisements Column 2
      193 12 a The finest Beijing cuisine from Pine Court, with complimentary Hennessy Cognac MENU I ncludes steamed live sea-fish, stuffed black mushroom and Peking Duck. Price: $688* nett per table. Complimentary bottle of Hennessy XO. MENUD ncludes braised shark's fin with chicken sauce, braised abalone with green vegetables and sweet sour
      193 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      237 13 w jn r Hi i r i So much to choose for only $18.50. A sumptuous spread wth many diferent types of appetisers, hot and cold soups, a salad selection ...superb pastries, truffles, tortes...cheese board, fresh fruit freshly brewed coffee All for $18 50. And for $26.50 you can add
      237 words
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      Page 13 Advertisements Column 2
      251 13 PALM m 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 WtsnN Plaza
      251 words
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  • Article, Illustration
    STOCK EXCHANGE OF SINGAPORE Rebound in Tokyo and HK gives market extra boost
    4256 14 THE SINGAPORE stock market, inspired by another strong overnight rally in Wall Street, closed higher for the third day running. Dealers said the convincing rebound in Tokyo and Hongkong boosted sentiment further and trading was fairly active
    4,256 words
  • Article
    Chief prke changes
    244 14 Rises 'IN 700 D S 830 A 145 MoWo HUgt 474 MMfl Co«n 270 UO 1 432 boton SO* 3*4 AVImo 20« 299 O C C 635 toflwnm Mtfa 426 Coroboi 50* 366 How Par 226 Samfa SNpyard 1*5 Iwdnupo 294 Falls SINGAPORF. i no icss Doc
    244 words
  • Article
    Business done on the SES
    3918 14 BID and otter prices offlrially listed and hnslnei In and reported to the Stock Exchange at «nf pnre yesterday with the ivimhf n( Sitm traded Awn in bracket! in lots at U000 units unless otherwise specified. SECTION ONE MOUSTRIAL ft COMMERCIAL Acmo II 05 8
    3,918 words
  • Article
    COMPANY MEETINGS
    163 14 AMALGAMATED INDUSTRIAL STEEL Berhad: 17th AGM at Jalan Utas. Batu Tiga Industrial Estate. ***** Shah Alam, Selangor today at 10am. SINGAPORE LAND Limited: 24th AGM at 4 Shenton Way #19-07, Shing Kwan House. Singapore 0106 tomorrow at noon. SUNSHINE ALLIED INVESTMENTS Limited: 26th AGM at 461 Tanglin Halt
    163 words
  • Page 14 Advertisements
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  • COMPANY NEWS
    • TAKING STOCK...
      • Article, Illustration
        Lock icon Avimo brings cheer
        457 15 HOCK LOCK SIEW AVIMO LTD, the first company to be listed this year, has brought early Christmas cheer to its shareholders and is promising more of the same next year. True to its own forecast made ini the company's prospectus in April at the time of going
        HOCK LOCK SIEW  -  457 words
      • Article
        Sally Aw eyes radio network
        226 15 SALLY AW SIAN is expanding her media empire. According to reports from Down Under where she now has her corporate base, Miss Aw is eyeing John Fairfax Ltd's Macquarie radio network. The price tag for the network has been estimated at between As9o million and
        226 words
      • Article
        Wormald setback
        181 15 STILL ON Australia. Malaysian businessman Lee Ming Tee's two flagship groups Down Under have also become the latest victims of the stock market crash. Wormald International Ltd is now expected to write down at least Asloo million of its recently acquired assets in Sunshine Australia Ltd, only months
        181 words
    • Article
      APPROVED ISSUES
      82 15 Company RIGHTS ISSUE N O I One-for-one $1 05 per shore Each rights will be issued together with one transferable subscription rights ITSB having a $1 value rights Epch TSI holder will be entitled to subscribe, during the next five years. lor further NOl shores at $1.05 Ex-dote:
      82 words
    • Article
      Lock icon MMC aborts sale of Tronoh shares
      159 15 Bernama ES MALAYSIA MINING Corporation Bhd (MMC) said the proposed sale of its entire 30 per cent interest in Tronoh Mines Malaysia Bhd to Mercator Sdn Bhd had been aborted. MMC and Tronoh have also mutually agreed to terminate the proposed purchase by MMC
      Bernama ES  -  159 words
    • Article
      Parkway loan date
      125 15 PARKWAY HOLDINGS Ltd s $165 million loan package is expected to be finalised in or about the first quarter of next year, the company said in a statement to the SES yesterday. The statement confirms a BT report yesterday that Parkway Holdings was planning to tap $165
      125 words
    • Article
      Lock icon Fears over volume of margin buying in Japan
      742 15 Reuter NEAR RECORD levels of margin stock buying, one of the most risky speculative games in equity trade, are threatening to depress Tokyo stocks, market analysts have said. "Investors who buy now have to consider automatic selling pressure from margin trade that
      Reuter  -  742 words
    • Article
      Lock icon KL Exchange reports pre-tax profit of M$953,000
      229 15 Bernama ES THE KUALA LUMPUR Stock Exchange has reported a pre-tax profit of M 5953,275 for the year ended June 30, 1987 compared with $935,833 for the previous year. After taxation of $590,000 ($310,000 previously), profit amounted to $363,275 ($625,833), figures in the
      Bernama ES  -  229 words
    • Article, Illustration
      City Dev plans $40m S extension for hotel
      572 15  -  By LISA LEE PROPERTY GROUP City Developments Ltd has, in the past one year, quietly acquired three plots of land behind the Orchard Hotel for a total consideration of some $12 million. Property sources say the pieces of land were bought from
      572 words
    • Article
      Lock icon Four to vie for places on KLSE committee
      370 15 MBT FOUR STOCKBROKERS will be vying for the two vacant places on the Kuala Lumpur Stock Exchange committee at the exchange s 11th annual general meeting on Dec 19. Under the KLSE rules, two committee members. Lam Theng Pew of Ipohbased Kin
      MBT  -  370 words
    • Article
      COMPANY BRIEFS
      189 15 Innovest replies INNOVEST BHD said its discussions with certain parties in the food business might or might not lead to the acquisition of the franchises for the South-east Asian region. Replying to a KLSE query, the company said it was inappropriate to comment at the moment. Innovest is
      189 words
    • Article
      DIVIDENDS ANNOUNCED
      703 15 9mmI b Books Dal* Total tor ToM tor <v psynwM date (loot poyow# too poor toot yoor A 1 S 1 5%lbl 0*c 18 ion 7 Fob 8 5% Amol Stool 8%TEIbl Ok 2 Dk 16 ion 30 8%TE 8%TE Amtok Eng 7*%lbl Dk 14 Dk 17 ion
      703 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      106 15 MADE IN GERMAN/ OODONI OBERMAIN LEONE L'STONY SIOUX MISTER ELY #02-28 RAFFLES CITY SHOPPING CENTRE THE MORTGAGE BANK AND FINANCIAL ADMINISTRATION AGENCY OF THE KINGDOM OF DENMARK (Kongenget Danmarks Hypotekbank og Finansforvaltning) U. 5480,000,000 Guaranteed Floating Rate due 1990, Series 84 Unconditionally guaranteed by The Kingdom of Denmark Notice is
      106 words
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      Page 15 Advertisements Column 2
      16 15 The I )is(vrnin<r Mans (Ihoicc. tfTT? l ine Suiting Fabrics available onlv at selec ted tailors.
      16 words
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  • REGIONAL MARKETS
    • Article
      Lock icon Shanghai exchange's trading volume zero
      358 16 Reuter WHILE MILLIONS of shares change hands daily on the heated stock exchanges in Tokyo and New York, the Shanghai stock market is trading no shares at all, according to an official newspaper. '«A reporter for the World Economic Herald of Shanghai said all he
      Reuter  -  358 words
    • Article
      KL share prices finish higher
      3157 16 ENCOURAGED by strong overseas markets, share prices on the Kuala Lumpur Stock Exchange closed higher yesterday. Blue chips and higherpriced counters, which bore the brunt of the selling on Monday and Tuesday, were particularly well sought after yesterday. The 30-counter New Straits Times Industrial Ordinary
      3,157 words
    • Article
      Lock icon Sumitomo Life to sell 2pc stake in Hutton
      282 16 Reuter SUMITOMO LIFE Insurance Co Ltd will Mil its 2 per cent stake in E F Hutton Group Inc. The decision follows news of a takeover tender by American Express Co unit Shearson Lehman Brothers Holdings Inc, USA for up to 28.1
      Reuter  -  282 words
    • Article
      Stocks close firmer
      1371 16 Hongkong HONGKONG share prices closed higher yesterday, propelled by a surge in Tokyo stock prices and expectations of moderately favourable US October trade deta, brokers said. The Hang Seng Index ended near the day'a highs, up 42.89 points at 2,027.67, while the broad-er-based Hongkong Index climbed 26.51
      1,371 words
    • Article
      Seoul
      100 16 OCC 1* VON Ctwii Sugar r\ uifiim ina Oaawoo Corp ***** MOO ***** 200 •800 -380 •100 «WI -•80 400 Dong Sufi Slock DonotKj StMl QoMSttr Kami Bank ***** ***** ***** ***** -300 380 •100 -300 Msoil Hankuk QI«m Hanyang ChifMcal Hyurxiai Conat Hyundai Motor Kal W m nnmnn
      100 words
    • Article
      Lock icon Tokyo
      520 16 Reuter TOKYO shara pricas closad sharply highar yaatarday in modaat voluma. aa optimism following Wall Straat's third conaacutiva rally on Wsdnaaday attractad buying from long-abaant Japanass institutions. Tha Nikkai Indax surgsd 395.14 points, or 1.7 par cant to cioaa at 23.260.64, its highaat point of tha day. On Wadnaaday
      Reuter  -  520 words
    • Article
      Sydney
      462 16 SYDNEY share price» clOMd easier in thin, lacklustre trading yeeterday after failing to maintain early gains, brokers said. The broad market opened about 10 points higher, helped by further gains in New York end London, slightly firmer gold and commodity prices and encouraging news on the local economy. But
      462 words
    • Article
      Taipei
      217 16 Koiin 39.60 -1.1, 4 03 Kuochan Dav La* Chang Yuan 4J60 39.60 -1J, -1-t» 71.00 -2 34.60 -1 i 73.90 -2 Nan Yt PtM 60.00 -IV 223.00 ■6 96.00 -IV Cheng Loong Chia min Camant 92.00 46.10 It JO -1.6 -1 -0.3 Pidflc Eltd Wlr» 36.10 26 60 -1
      217 words
    • Article
      Manila
      85 16 OCC 10 twos *b Ortontai B 0 06 0.008 Koof Mining Anato PMt 0.019 -0 002 PNI OVKMM PMMx B 0.0828 047 0.0088 Asm Mining B.... 0.0875 0 0406 Plcop B Mm Con S 27 JO unct* ta Begute OoM OMtr Pwtrofeom S4W Miguai B. 118 10 0 014
      85 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      339 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MEKTOUB LAND ft MARINE (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 24 Raffles Place #15-00 Clifford Centre Singapore 0104 on 7 December
      339 words
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      Page 16 Advertisements Column 2
      329 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PARON PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duly convened and held at 20 Maxwell Road #06-03 Maxwell House Singapore 0106 on 8 December 1987, the following resolutions were
      329 words
    • Advertisement
      Page 16 Advertisements Column 3
      314 16 THONG WOON CO. (PTE) LTD. < ly> T I H T lA k VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 237 Arcadia Road #01-04, Singapore 1128 on 9 December 1967 the following Special Resolutions were daly passed:1. That the company
      314 words
    • Advertisement
      Page 16 Advertisements Column 4
      378 16 NOTICE OF FINAL IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 AND IN THE MATTER OF T.L.S. PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY OIVEN that pursuant to Section 306(1) of The Companies Act, Chapter 50. The Final Meeting of the members of the abovenamed company will
      378 words
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  • WORLD MARKETS
    • Article
      Lock icon Market continues to climb
      1075 17 New York Reuter JBTOCKS closed sharply higher on Wednesday as a brightened view of v&e economy's prospects and a touch /nore confidence among investors gave the market its third straight winning day, traders said. The rise was achieved despite cautiousness ahead Qf yesterday s US trade
      Reuter  -  1,075 words
    • Article
      Lock icon Shares open mixed in quiet trading
      939 17 London Reuter SHARES were mixed in moderate business yesterday morning, with the predominantly firmer bias prompted by higher closings overnight on Wall Street and in Tokyo, dealers said. The FTSE 100 share index opened 4.7 points higher at 1,644 but dipped to J ,642.9
      Reuter  -  939 words
    • Article
      Untitled
      1181 17 Selected indices HONGKONG Hongkong Index Thursday *****3 Wednesday 1296 92 Week ago 1348 15 All Industrials Thursday Wednesday Week ogo NEW YORK ***** ***** 1957 6 Hang Seng Index Thursday 2.027 67 Wednesday 1.984 98 Week ogo 2057 43 Dow Jones Wednesday Tuesday Week ogo *****2 1868 37 *****7 TOKYO
      1,181 words
    • Article
      Lock icon Barclays unit plans stake in French firm
      126 17 Reuter BARCLAYS de Zoete Wedd (BZW), the investment banking arm ot Barclays PLC. plans to take a 70 per cent stake in Paris stockbroker Puget SA, says French Stockbrokers Association chairman Xavier Dupont. Under legislation approved last week, French brokers will be permitted
      Reuter  -  126 words
    • Article, Illustration
      Lock icon Jobs at stake as UK market contracts
      608 17 Reuter JOBS are bound to be lost in London's equity market as the industry braces itself for retrenchment following the shares slump. But the severity of the cutbacks will depend on how long the slowdown lasts, analysts say. The growth of the market
      Reuter  -  608 words
    • Article, Illustration
      Lock icon Daimler cautious over next year's prospects
      407 17 Reuter DAIMLER-BENZ AG, West Germany's biggest company, has had to re-examine its outlook for next year because of the slump in world share markets and the falling US dollar. Management board chairman Edzard Reuter said in Stuttgart, West Germany, on Tuesday night that the
      Reuter  -  407 words
    • Article
      Lock icon Lonrho to buy 50pc of German trading house
      478 17 FT LONRHO. the British international trading group headed by Tiny Rowland, is poised to buy half of one of West Germany's largest trading houses. and strengthen its links with Iran, following successful talks with the Fried Krupp steel and engineering empire. Krupp
      FT  -  478 words
    • Article
      Lock icon British Airways raises bid for BCal to £200m
      196 17 Reuter BRITISH AIRWAYS PLC said yesterday that its merchant banker, Lazard Bros and Co, will announce a cash offer valuing British Caledonian Group PLC tot about £200 million. The cash will be provided from BA's own resources. The conditions and details of
      Reuter  -  196 words
    • Article
      Unit trusts
      277 17 Managers' prices Jopon Gr fund* 37 Shenton Thrift fund* 076 142 076 for Dec 11 UOB Management i Singapore Unit Trust Unifund* 0.74 074 The Cotiwtierce 064 090 Onibond 1 00 IXB The Savings Fund 073 078 MARA-Bumiputra S po'e Prog fund 033 037 S pore Sec fund
      277 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      128 17 JURONG SHIPYARD LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Application has been made to the directors of the abovenamed company to issue duplicate share certificate in place of the following share certificate which has been reported lost or < destroyed: No. of Shares Certificate No. Name of
      128 words
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  • Article
    Lock icon Japan's trade surplus down 36pc
    297 18 UPI PACED BY SOARING IMPORTS, Japan's trade surplus in November fell 36 per cent from a year ago to U554.74 million on the customs clearance basis. The Finance Ministry in Tokyo said yesterday that the surplus included a US$4.2l billion imbalance with the US, Japan's
    UPI  -  297 words
  • Article
    Lock icon US trade deficit widened to record US$l7.6b in October
    367 18 US$ plunges to lowest levels against yen, mark Reuter THE US trade deficit widened to a record U5517.63 billion in October, the Commerce Department said yesterday, dashing hopes that the US trade outlook was beginning to turn around. News of the
    Reuter  -  367 words
  • Article
    Lock icon Investment body
    75 18 Reuter CHINA is setting up a new investment corporation called Kanghua Development Corp, which will have a status similar to the well-established China International Trust and Investment Corp. Western diplomats in Beijing said yesterday that the new corporation is associated with Deng Pufang, son of paramount leader Deng
    Reuter  -  75 words
  • Article
    Lock icon Canberra offers navy divers for Gulf defence
    240 18 UPI FOR THE FIRST TIME since the Vietnam War, the Australian government has approved the deployment of military forces for a foreign conflict, dispatching mine-clearing navy divers for possible use in the war-torn Persian Gulf. Defence Minister Kim Beazley said in Canberra yesterday
    UPI  -  240 words
  • Article, Illustration
    What do you give them for Christmas?
    243 18 YOU KNOW THEM, sort of. You've seen them, sometimes. But what do you give them for Christmas? Executive Lifestyle lines up a group of industry captains and newsmakers and considers the headache of choosing gifts for them. We spoke to their friends, their
    243 words
  • Article
    Lock icon Call for Taiwan's independence
    113 18 Reuter TAIWAN'S ruling Nationalist Party faced one of its most serious political challenges yesterday as thousands of demonstrators demanding independence for the island marched through Taipei. The protest was backed by leaders of Taiwan s main opposition party who until now have shied away from explicitly
    Reuter  -  113 words
  • Article
    Lock icon Comex silver
    87 18 Reuter COMEX SILVER FUTURES burst higher on active buying by dealers and speculators early yesterday after the dollar sank on the weight of a record US trade deficit of U5517.63 billion in October. But the backtracking in gold brought silver below the highs. March silver was marked up
    Reuter  -  87 words
  • Article
    Faith in private sector as engine of growth
    649 18  -  By ZHOU MEI THAT THE PRIVATE SECTOR of Asean should be entrusted as the engine of economic growth is a point on which there is no dissent among the grouping of six. This declaration of faith in the private sector s ability
    649 words
  • Article, Illustration
    Honasan's capture will affect Philippine domestic scene
    590 18  -  by BRIAN GOMEZ THE CAPTURE of renegade Colonel Gregorio Honasan has significant implications for the domestic political situation in the Philippines, which has been wracked by severe internal turmoil in the past few years. There is widespread scepticism about the circumstances surrounding Gringo's
    590 words
  • Article
    Lock icon Tokyo protests to Moscow over violation of Japanese airspace
    274 18 Reuter JAPAN lodged a strong protest with the Soviet Union yesterday over a violation of Japanese airspace by a Soviet aircraft. The Foreign Ministry in Tokyo said Japanese jet fighters on Wednesday fired warning shots towards a Soviet TU-16 Badger bomber
    Reuter  -  274 words
  • LATE FILE
    • Article
      Lock icon Manila police seize bombs
      54 18 AFP POLICE in Manila yesterday raided a suburban apartment and detained its occupant, who claimed he and other supporters of deposed president Ferdinand Marcos had planned bomb attacks during next week's Asean Summit. Police seized 250 dynamite sticks, timing devices, blasting caps, bullets and military uniforms
      AFP  -  54 words
    • Article
      Lock icon Dhaka releases opposition men
      37 18 AFP TOP Bangladeshi opposition leaders Sheikh Hasina Wajed of the Awami League and Begum Khaleda Zia of the Bangladesh Nationalist Party have been released from house arrest, said officials in Dhaka yesterday. AFP
      AFP  -  37 words
    • Article
      Lock icon Compensation for landlords
      38 18 AP HONGKONG officials yesterday unveiled a USS3S4 million plan to compensate landlords and rehouse residents of the notorious Kowloon Walled City, a teeming slum that is to be razed and turned into a park. AP
      AP  -  38 words
    • Article
      Lock icon Philippine shares soar
      36 18 Reuter PHILIPPINE share prices rose across the board in active trading yesterday following news of the capture on Wednesday of Gregorio Honasan. Manila's composite index rebounded 3.9 per cent to 677.95 points. Reuter
      Reuter  -  36 words
    • Article
      Lock icon Demonstrators storm bourse
      41 18 Reuter ABOUT 30 to 50 masked demonstrators stormed the Hamburg Stock Exchange yesterday, tear gassing and pelting traders with tomatoes, police said. About 100 riot police were trying to clear the young people out of the building. Reuter
      Reuter  -  41 words
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      Page 18 Advertisements Column 1
      160 18 m m Your family's happiness in Singapore will be determined by the environment in which they live. That's why you owe it to yourself to check out Ardmore Park. School buses call at the gate... there is aerobics, squash, tennis, swimming, chip and putt and special interest classes for all.
      160 words
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      Page 18 Advertisements Column 2
      275 18 15 i'V r/v w a 5 =1 Bombay Trading Presents GRAND X'MAS AUCTION FINE PERSIAN CARPETS at unbeatable prices! December 13 1987 Sunday Commencing at 2pm sharp Mandarin Hotel, Reception Hall F{fth Floor, South Wing. Viewing Inspection Time: 10 am 1 pm Tel: *****88 GOOD NEWS! Buy with 100% assurance
      275 words
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  • SHIPPING TIMES
    • Article
      C F Sharp enters bunkering business
      623 19  -  The company acquires two secondhand ships By LINDA CHEE -«if SINGAPORE shipping agency OS Sharp, under a new management, is moving into the bunkering business following a tie-up with Middle Ĕait interests. Managing director Captain Hilbs Rosenfeldt said a 50-50 joint-venture company was formed
      623 words
    • Article
      Lock icon Thai committee refuses to provide privileges to container imports
      177 19 Bangkok Post THE THAI Board of Investment's sub-committee has rejected a proposal from Sumeth Tanthuvanich to invest 21.96 million baht to import 500 containers to lease to exporters, a 80l source said. According to the source, the sub-commit-tee chaired by 80l
      Bangkok Post  -  177 words
    • PORT SIDES
      • Article
        Lock icon MICT bid under investigation
        119 19 Cargonews Asia THE WINNING bidder for the contract to operate the Manila International Container Terminal (MICT). may have to wait until a congressional hubbub is over before it can start operating. Winning bidder Container Terminal Services Inc (CTSI), a consortium of E Razon Inc, Anscor Container
        Cargonews Asia  -  119 words
      • Article
        Lock icon Workers on strike at Prince Rupert
        91 19 AP A STRIKE at the major grain terminal of Prince Rupert, British Columbia, threatened about 15 per cent of Canada's grain exports. The 69 grain handlers walked off the job on Wednesday in a bid to force the Prince Rupert Grain Co to stop
        AP  -  91 words
      • Article
        Lock icon Unloading toxic chemicals from ship
        102 19 AFP SPANISH Coast Guards were carrying out a delicate operation to unload highly inflammable and toxic chemicals from a Panamanian-registered freighter, which caught fire on Sunday killing 23 Chinese crewmen. Of the 2,000 containers on board the Casan, Coast Guards managed to salvage 100 containers
        AFP  -  102 words
      • Article
        Seaborne coal drops by 3pc
        51 19 THE VOLUME of world seaborne coal declined by 3 per cent during the first three quarters of 1907, the Association of West German Coal Importers reported. It forecasts this would lead to an estimated annual world coal sea trafffic volume of 265 million tonnes this
        51 words
    • Article, Illustration
      Lock icon British Shipbuilders unveils new ship designs
      583 20 Fairplay THREE NEW SHIP designs developed by British Shipbuilders (BS) were unveiled in London prior to their launch at an international shipping exhibition in Shanghai, China, next month. Following their presentation to the UK press, the designs will be marketed in the Far East
      Fairplay  -  583 words
    • Article
      INDEX TO ADVERTISERS
      937 20 AB Sh08 V s ABC Container VM 1 Accord Shpg VI 3 Ahrenkiel liner 3 Atrico Oceon XN 2 ANtrons VII 3 AC Toeptor XI 5 Americon Tpt XN 4/5 Anro S*'«« IV 2/3 Arrow lines IX 5 Asian Ocean VI 1 Atlas line X s ANl
      937 words
    • Article
      LONDON FREIGHTS
      968 20 A much depleted dry cargo fixture list featured the booking on Wednesday of a heavy grain cargo from the US Gulf to Japan, but no new business emerged on the currently buoyant Gulf/Continent grain trade, brokers said. Japanese charterers paid U5519.95 for the Gulf/Japan fixture which compares with
      968 words
    • Article
      CONSORTIA
      166 20 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd
      166 words
    • Article
      Lock icon Tiphook achieves 47pc jump in pre-tax profit
      533 21 Lloyd's List BRITAIN'S biggest container and trailer rental group, Tiphook. has produced a 47 per cent jump in pre-tax interim profit and is well on course for record-breaking container business by the end of its financial year. The company's successful £36 million rights
      Lloyd's List  -  533 words
    • Article
      Lock icon Shipwreck families can claim compensation from Bibby Tankers
      289 21 FT BIBBY TANKERS, the owner of the bulk carrier Derbyshire, which sank off Japan with the loss of all 44 people on board seven years ago. could face compensation claims by relatives of crew members as a result of a ruling by
      FT  -  289 words
    • Article
      Lock icon Brazilian yard to build ships for Hamburg Sud
      215 21 Seatrade Week BRAZIL'S Caneco shipyard signed a contract with West Germany's Hamburg Sud to build two 11 200 dwt container ships. The contract involves an innovative debt swap scheme which could help infuse new life into the depressed shipbuilding industry while alleviating
      Seatrade Week  -  215 words
    • Article
      Call for Aussie waterfront unions to 'scrape barnacles' off work practices
      323 21  -  From Kingsley Wood A STUDY of Australian port operations by the government-sponsored Stevedoring Industry Review Committee had found work practices that were sometimes unknown to union officials or employers, SIRC chairman Sir John Moore said. The committee found it
      323 words
    • Article
      Lock icon Searches delay ships at Dar-es-Salaam
      151 21 Reuter STRICTER searches by Customs officers at Tanzania's port capital Dar-es-Sa-laam are delaying ships by two to three days, shipping agents said. The officers have been checking the contents of all containers at the port since the arrest last month of 20 businessmen later charged
      Reuter  -  151 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7498 26 QQaSGXIEB 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
      7,498 words
    • Article
      SHIPS IN PORT
      1272 27 AT CONVENTIONAL WHARVES VmmI Birth Arrival Departure KEPPEL WHARVES Eost*rn Gl K2B oio-vw* II 12/1500 Equoto' (22 II 12/239* Kor*on P.g*o K32 oiongud* *****700 l*»>» <X olongvd* 14 *****0 l*o 1 Kl« olongbd* II 12/1200 N*d Nogoiot. Kia otong*d* 1212/2300 togol Van*** K.30 oiongwd* II 12/1800 Trod*
      1,272 words
    • Article
      Who acts for whom...
      1996 28 A-tB AB'Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Seaiion Shpg (SK Ahienkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Ailtrans Express. American President Lines APL (S)ZBoustead
      1,996 words
    • Article
      Lock icon Singapore tanker sinks after burning for 4 days
      414 30 Reuter Reuter RIPPED APART by explosions and buckled by fire, the Singapore nap-tha-carrier Norman Atlantic sank on» Thursday, the first tanker to go down in the Gulf war, shipping sources said. •.Four days after it was attacked by-Iranian gunboats, the 85,129-ton ship
      Reuter  -  414 words
    • Article
      Lock icon Minesweepers to be equipped with robot underwater devices
      292 30 Reuter UNITED STATES Navy vessels searching for mines in the Gulf will be equipped with robot underwater devices that will vastly improve the 35-year-old minesweepers' ability to find mines, officials on one of the wood-en-hulled ships said. Commercially available submersibles known as
      Reuter  -  292 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      660 19 ^^]|,/<-,)%`!<~,[!,=/__^:=<~$?> OOCL lOmew Ovtnfus Cmlsiim Uw WW/ JARDME MMG AGENCIES (Rat- lOM| 200 Cwtewi—( toad *12-06 Sowflipotk Smppiri an Td *****1 TELEX NO RS ***** TDMINAI/CFS Tri *****11 220 IOOKIMS T«l *****34 23S PESAKA JARMNE SMffING ACENCtES MM. INO. PORT ROAM TEL 3041U T«tn No. MA3M77MA3TC KNAM TEL (2(144 TELEX
      660 words
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      Page 19 Advertisements Column 2
      119 19 rai[D3 THREE NEW SHIP designs developed by British Shipbuilders (BS) were unveiled in London prior to their launch at an international shipping exhibition in Shanghai, China, next month. Pag« II BRITAIN'S biggest container and trailer rental group, Tiphook, has produced a 47 per cent jump in pre-tax interim profit and
      119 words
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      Page 19 Advertisements Column 3
      599 19 TIMES STP Distributors r«n»s Pub*s/Mng Croup SIN 1 GAP° rE I p&s xt L. MAERSK LINE SINGAPORE/ U.S.A. END YEAR SPECIAL "LEXA MAERSK" VOT 8802 Departure 31.1X^7 Ttw week Axel M Closing True CY 16/12 2300 H«S CFS 16/12 1300 MRS AXEL M M TOKYO LUNA M ARTHUR M CY
      599 words
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      459 20 COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT FELIXSTOWE ETA ROTTERDAM ETA uSmmSEM Tii'lJ.Nr.iM BIRDIE VILLE DE PLUTON VILLE DE SATURNE Also accepting cargo to all U K. destinations. Scandinavian (Aarttus. Coyonhagon, r EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE I MARSEILLES 16
      459 words
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      Page 20 Advertisements Column 2
      17 20 Lines and services represented by Members of the Reoistry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
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      Page 20 Advertisements Column 3
      457 20 CHA RGEURS REUNIS f' ml -'N ,AT Of s .I'lßif > 3 14 <a i s Optorg Shipping Pte. Ltd tEL M A I "DDK -«u; c u»c P'.f 36*700! PpTII -Q Java 1745 JN£~S VAC'• \'As A«GENTINAS .ARGENTINE NATIONAL I Nfc* LA RtOJA CATAMARCA II ■ENOOZA DM C. T«
      457 words
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  • Page 21 Advertisements
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      935 21 The Straits Steamship Group I STRAITS SHIPPING r Singapore to Sibih, Smwak, Bruvwi Ports and Bangkok J Mansfield Container Shipping Re Ltd H&oolIU P&O Containers Limitediu\ i-ii'.iiiii.ii w.'.'irrrian CAMMfeUI MY UNA WON H/12 1702 WH MI Ml TOLAS* MY niU OfU UK W H TORN) EXPKSS JRI2 *12 IS* 17»
      935 words
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      Page 21 Advertisements Column 2
      560 21 C SAV j Sud t jpcrrs S i TO/FROM CHILE FEEDER VESSEL S POKE ■OTHER VESSEL M ARICA K» AHTOF VALf SAI CSAV 1 W1 VEIAY 12/1 W 1/3 11/3 CMV I W1 CAR CARRIER W S/J (YOU 2*l) CSAV J 17/12 TW 27/12 4/2 W *2 CARGO FOR PUKTA
      560 words
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      297 22 5G Hapag-Lloyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MEL. EUROPt. CONTAINERSHIP SERVICE FROM UK CONTINENT wm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARD CONSOLIDATION SERVICE WEEKLY FROM PT. KELANG Accepting FCL and LCI Singapore: BIRKART S.E.A. Tel *****11 PI. Kelang: BIRKART
      297 words
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      Page 22 Advertisements Column 2
      813 22 FULL TO FUROPE VIA SUEZ KOREAN CHANCE 34W NEPTUNE DIAMOND 73W ORIENTAL CHIEF 57W KOREAN JACEJIN I2W KOREAN JACEWON UN NEPTUNE DIAMOND 43W CHINA CONTAINER 43W J&.&.LINE t—lA c—r—* V CONTAINERISED SERVICE A Mfmbff ol the Ace Consortium f FROM F'JROPE VIA SUEZ J s Mrmhff ol the Acr Consortium
      813 words
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      Page 22 Advertisements Column 3
      254 22 Wa FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: sailing 25/12 1/1 EURO-AFRICA LINE FOR: PORTO. LISBON, ORAN, BILBAO MADRIO, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER A ISTANBUL U.S.A. PORT MORESBY, RABUAL, LAE KIETA, MADANG A KIMBE NOUMEA 23/1 SUVA/LAUTOKA 27/1 NEW ZEALAND
      254 words
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      Page 22 Advertisements Column 4
      773 22 EVERGREEN c ull Container Seme TO SERVE YOU BETTER WE HAVE INCREASED OUR SAILING FREQUENCY FROM SINGAPORE TO THE U.S. EAST COAST TO 2 SAILINGS A WEEK AND WITH FASTER TRANSIT TIMES WE NOW MAKE IT TONEW YORK CHARLESTON BALTIMORE NORFOLK IN 35 DAYS IN 36 DAYS IN 37 DAYS
      773 words
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      Page 23 Advertisements Column 1
      524 23 PACIFIC INTERNATIONAL LINES VW\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN JKT IS/12 IS/12 14/12 IS/12 IS/12 IS/12 IS/12 22/12 SEA HAWK HOT A EAGLE VESSEL VOY SCA FORTUNE 5747 MTEORA S7IS SCA FORTUNE 874S MTEORA
      524 words
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      Page 23 Advertisements Column 2
      276 23 NORBUL Ti NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK CONTINENT PORTS TO: INDIA/PAKISTAN PORTS TO: JAPAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL 777M66 KL PK S P YEO SHPG TfOG KL ;&3*44 PK *****01 PENANG TANJONG MARINE SDN BHD TEL i.WS SABAH TRANSPAC
      276 words
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      Page 23 Advertisements Column 3
      487 23 \a BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE FIJI AND SOUTH PACIFIC ISLANDS SIN NOUMEA AKL TGA NAP TIM TIM/IY TIM/ON BLUFF 1/1 24/1 m 2/2 W W V 2 «/2 10/2 ACCEPTING LAUTOKA, SUVA, APIA. PAGO PASO. NUKUALOFA, WITH T/S AT NOUMEA •ACCEPTING POUT VILA AND SANTO WITH
      487 words
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      Page 23 Advertisements Column 4
      599 23 DJASAGETRI A Joint Europe Service Of: FT. UMMTA LIOTI P.T. BESOM LLOYD FT. OMOOEM IMOKSU P.T. TRIKORA LLOYO fflfl SINGAPORE TO EUROPE ysyyoY simiAiußm U MNTAIK/lim ocean mwum SAMOA OAHAfIiH* 1 rwi i»u an/u an IS-17fl I*2 A DA* DAN I Subt*ct to MhowmkL Also tocopHng cargo to rmhlinci. Port
      599 words
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      Page 23 Advertisements Column 5
      347 23 BOUSTEAD SHIPPING AGENCIES 1* PAAN VIIIW PAGAN VI2IW HTONEYWA V23QW pagan vi22w BURMA nVE STAR SHIPPING corpbmtmh (Burmese National Line) pore P.Kelang Penang Bangkok NORTHBOUND TO UKC SPORE ROAM HULL HMBG PRO-ATLANTICA VIN 14/12 14/1 11/1 (CALLING LEIXOES 8/1) TAUSALA SAMOA VUN 30/12 23/1 2/2 27/1 MORAYBANK V4N 13/1 6
      347 words
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      Page 24 Advertisements Column 1
      1244 24 SHIPPinG-DflTfl fITLAFITkC COAST (Round-The-World Service) RAINBOW BRIDGE VlO NEPTUNE GARNET Vl2 •VIA FEEDER •PK/PNG SPORE 12 D«c 17 Dm 19 Dec 24 Dec NYC HFX 23 Jan 27 Jan 30 Jan 2 Fab PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK RAINBOW BRIDGE VlO 12
      1,244 words
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      Page 24 Advertisements Column 2
      825 24 '/Ie INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIAN COURIER V KN LOTTE SCHEEL V THEOOOR FONTANE V 13N SCHWABENLAN V 48 INDIAN COURIER V.77N S O TRIPURA V JJH LOnE SCHEEL VJO INDIAN COURIER V 20N THEOOOR FONTANE V 1«N Smfiport P K(Un| Penan Moth*. Vsl By Foedor By
      825 words
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      Page 24 Advertisements Column 3
      726 24 GOLDEN LINE GUM GUAN SUPPING (PTE) LID 21 Ttlofc A«if StrMt SINGAPORE 0104 TEL SM3W (10 LINES) Fu 9435 M STRAITS/PERSIAN GULF SERVICE: S pore P Ketone Pen** GOLDEN SEAR Cotombo/Karachi'Dubet/Oemmam W/U •>* GOLDEN HARVEST Colombo/Karachi/Dubai |/10 Jan CHINA SERVICE A VESSEL Xinpnc. Shanghai 20/21 Dec DAI TUN SHAN Tsingtao
      726 words
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      Page 24 Advertisements Column 4
      439 24 LfAA 1 AIIU A 1 1 iua; I 11) Xt^Vl PHILI Oni€NT LIN€S PT€ LTD [PL J HEAD CfEXE fc3 ROBiNSCN ROAD -C" U f RO AS.A BUILDING SING&PORf QICS TELEK PS ?67?0 PtilU ffi* *****?* E3 Jlj,V mi. 22/12 27/12. 2/1 12/12, I*l2 UK/EUROPE SERVICE 13/12, 20/12 27/12 USA
      439 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      983 25 NEPTUNE ORIENT LINES LTD ■■■■■■■Y CONTAINERISED SERVICE a NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 27K742 *****22 *****53 *****11 *****16 *****11 *****41 NEPIINE SDN BHD 360M07 INWARD/OUT*ARO NEPLINE SON BHD. *****33 ENQUIRIES 2717*4 NEPIINE SDN. BHD. *****5/*****0/C*****/*****2 NEPLINE SDN. BHD. **********1 I iTTJT /EUROPE HILLY C
      983 words
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      Page 25 Advertisements Column 2
      486 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN, INCHON Vessel's Nam* M Enterprise/715N No Donam/712N No 9 Donam/709N No I Donam/710N ClorU/721N No 7 Donam/7UN No I Donam/MIN M Ent«rpriM/71CN ETD BS BKK M/ii n/12 VfU 11/12 13/12 2V12 21/12 04/01 21/12 09/01 30/12 12/01
      486 words
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      Page 25 Advertisements Column 3
      648 25 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 ***** Hk *r P- KELAMC MESSRS NAI THONG SKIPPING 127 Pananf Straat Panar* ITffSSS Maliwm Cabfe JAYAPOH PfNANG,
      648 words
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      Page 25 Advertisements Column 4
      14 25 *5 a% ft MADJU SENDIRIAN BERHAD 0-1? Tonq Enq Build'ng. Singapore 0106 Tel ??S878"
      14 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      349 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 i3O Lines. FAX *****39 *****76 TILEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTFRACHT'SEEREEDEREI P'JSTf INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: Accepting cargo for INDIA Bombay. Cochin, Madras Calcutta ""VIA LARNACA Accepting cargo for Lattakia, Piraeus, Thtssatomki, Izmir,
      349 words
  • Page 26 Miscellaneous
    • Miscellaneous
      Page 26 Miscellaneous Column 1
      176 26 Q3EH^ffiE3 "Ci yiwr < m m i L m K A y\ Sv rii Sm 1 «S". > m 2 IS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C yA cT w Wmd direction with speed m knots Wove height LEGEND R Thunderstorm Temperature c X\ y
      176 words
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      Page 27 Advertisements Column 1
      434 27 SCHENKER WEEKLY LCUFCL CONSOL. SERVICES TO VANCOUVER, TORONTO, MONTREAL (CANADA) SPORE VANCOUVER TORONTO MONTREAL 510 THOMSON ROAO not-oa SLF COMPLEX SPOKE 112t TEL: 2SMOII FAX: 2SS-4121 TELEX: RS 33*49 SCHEB UNI-OCEAN LINES PTE. LTD. 60 Cecil St #02-01. KPB Building S pore 0104 Tel: *****66 (5 lines) Telex: RS *****
      434 words
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      Page 27 Advertisements Column 2
      624 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. Q IRAQI LINE IRAQ 1 S T «T{ fHT(UmiSi fOII MAHITIMC TMIIS*O«T MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR W JAPAN WEST BOUND SERVICE ETA S PORE LOADING FOR ■V BALQEES 12/12 Aqab*. Jeddah MV BASRAH 3012 Jeddah. ktubt tlntwlMt MV
      624 words
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      Page 28 Advertisements Column 1
      587 28 iWfVv KINK-I.INKR SUII'PIN(i PI KII I) »'0 Sientnn Wtv M 0?C Vi'in Htiu>e S p«>rt* O.fV Tfl ?:s%'7 (h lines) T1 PS .VMi FUNFP (AX KIROPi;SERVICE FAR EAST SERVICE MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES TATSUMI MARINE CO. LTD. JAPAN DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING CONTAINER AND
      587 words
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      Page 28 Advertisements Column 2
      365 28 lfc... I i 1 ZIM TRIESTE ZIM AUSTALIA ZIM SINSAPORE ACCEPTI* CARGO TO ADELAIDE VIA MELBOURNE AND ALSO FCL TO CUAM r- ZIM EILAT CONTAINER UNE ETH ALX WE VCE TRS I KM iwa w I 4/1 I M |*1 li/i \un nfrrni GOLD STAR LINE GOLD ALISA Abidjan/Apepa/Lagos/Cotonou Port
      365 words
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      Page 28 Advertisements Column 3
      576 28 Everett Lines W COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" I, LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. I Pananc* P. Kaiang* Singapore I THOMASEVERETT 16/17 Dec HUGHEVEPET7 */77 Dac MANOLOEVERETT 15/16 Jan "EVERETT
      576 words
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      Page 29 Advertisements Column 1
      296 29 >JS\ ahrenkiel liner service CONTAINER LCL SERVICE TO PORT LOUIS DURBAN Accepting Container* tor Johannesburg. Malawi and Zimbabwe atao accepting LCt to Port Louts and Durban HHEsHßHaccepting breakbulk; containers FROM RICHARDS BAY, DURBAN A PORT LOlttS. R BAY OBN PTL SIN ALS PROSPERITY V6IE Sailed Sailed Sailed In Port ALS
      296 words
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      Page 29 Advertisements Column 2
      624 29 THE N ATIONAL SHIPPING COMPANY OF SAUDI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST Acceptinf Breakbulk. Ro/Ro, Containers A FCL Containers for Sharjati, Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA L^ZIZICIIZ^yIJ nrvi«a*rn wi}' 1' M! irTrrrrni! hi jy* I Alto Acceptin| FCL Containtri for Charleston, Miami, Tampa and US
      624 words
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      Page 29 Advertisements Column 3
      259 29 pan kim liks (Perfect China Ocean Shipping Um) Cargo Bookings Tel: *****00 Tli: ***** MTIISEA Fax: *****45 15 Hoe Chiang Road, #10-03, Sanford Building. Singapore CM. A S (MEMBER OF THf PRfSS GPOUPj WEEKLY CONSOL SERVICE LCL/FCL U.SJL (East West Coast all inland points) UK/EUROPE Continents (All Ports) ALSO ACCEPTING
      259 words
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      Page 30 Advertisements Column 1
      326 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I \s K\ K I I\ I t\ III). STMITS/ JAPAN/ STRUTS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! übject inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA
      326 words
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      Page 30 Advertisements Column 2
      363 30 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SfcMkCONTAfCP SERVICE TO .VJi» •Iki'l.'." AhticA Ocian LiNis Lid. rni VESSEL eta spore 12.12 Port Harcourt and Temt Port Sudan, I Continent Ports MV ATMUKE 3012 ana Accepting FCL, LCL and BREAKBULK Other West African ports on inducement. "i klmZ*
      363 words
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      Page 30 Advertisements Column 3
      242 30 I ws n-ffinrr* LCL WEEKLY SERVICE TO: mm 11/12 MM/mbn 14/12 BANGKOK 12/12 ROTTBBAM 14/12 MKKSK 12/12 TUNY 14/12 FREMANTIE 14/12 SYI/MU IS/12 ADELAIDE 14/12 WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 48/87 CON-CARRIER 49/87 ETD GERMANY ETA S PORE 24/11 14/12 1/12 21/12 LCL SERVICE TO CARRIBEAN PORTS ST. VINCENT,
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      596 30 y»y.y.y,-; ft CALL US ATr P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE i K. LUMPUR *****53/36J7111 •04-*****2/4, *****3 '07-*****8 •07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE *****3 MTHR VSL TOY ARM 18i.V,! n7T rm JUTLANWA OTHER D€ST I NATIONS AARHUS, AMSTERDAM. ANTWERP. BASLE.
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