The Business Times, 7 October 1988

Microfilm: NL16262
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, OCTOBER 7, 1188 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    248 1 AP Dow Jones higher WALL STREET stocks yesterday showed little movement with investors awaiting the jobs data later tonight. However, senior Nikko trader Jack Conlon said the market looked like it was in a sold out condition and there was little supply of stock available. The Dow
    AP  -  248 words
  • Article
    Rent controls to be lifted
    821 1  -  To minimise impact, lifting to be done in four phases By LEE HAN SHIH Property Correspondent RENT controls that have kept some 10,000 old houses and shops in Singapore at artifically low prices for almost four decades will be lifted in phases. Announcing this yesterday,
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  • Article, Illustration
    Singapore market stages mild turnaround
    166 1 SHARE PRICES 4n the Singapore stock market closed marginally higher on widespread bargainhunting yesterday, after three straight days of two-digit falls. Trading was fairly quiet. The Straits Times Industrial Index recouped 4.56 points to close at 997.74. It had fallen more than 41 points in
    166 words
  • Article
    Gold price rises to US$4O3
    109 1 THE GOLD price yesterday climbed above US$4OO an ounce for the first time in two weeks. The metal was fixed at US$4O3 an ounce in London yesterday morning. US$7.l5 higher than Wednesday's close. Traders said the rise followed a strong close in New York futures
    109 words
  • Article
    Tanjong Pagar shophouses for sale
    337 1 EIGHT PRE-WAR shophouses in Tanjong Pagar, now in the hands of the government, will be offered to the public through an open tender next month. This is the last of the current series of property sales organised by the Urban Redevelopment Authority (URA) for the
    337 words
  • Article
    Lock icon Razaleigh urges Dr Mahathir to call election
    166 1 AFP Bernama MALAYSIA'S former Trade and Industry Minister Tengku Razaleigh Hamzah, campaigning to unseat Premier Datuk Seri Dr Mahathir Mohamad, yesterday urged his rival to call a general election. Tengku Razaleigh said Dr Mahathir should seek a fresh mandate "to resolve Malaysia's many
    AFP; Bernama  -  166 words
  • Article
    Manila bewails moves by Singapore, Japan to stop importing its seafood
    489 1  -  By AL O LABITA Jr THE PHILIPPINES bewails what its officials call a "hasty'' decision by Singapore and Japan to suspend imports of prawns and shrimps from Manila following the recent outbreak of "red tide" in Manila Bay. "The
    489 words
  • Article
    Lock icon Taiwan firm wants to process crude here
    358 1 Reuter TAIWAN'S STATE oil company. Chinese Petroleum Corp, is interested in processing crude in Singspore starting in January, industry sources said. Faced with a refining capacity shortage. CPC officials visited Singapore this week to discuss the processing of Mideast crude* into products like
    Reuter  -  358 words
  • Article
    Lock icon M'sian King sacks 2 judges, reinstates 3
    280 1 AFP THE MALAYSIAN KINO, Sultan Iskandar, yesterday sacked two Supreme Court judges and revoked the suspension of three others who were accused of gross misconduct, Attorney-Gen-eral Abu Talib Othman said in Kuala Lumpur. He said a tribunal set up to investigate allegations of
    AFP  -  280 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      207 1 11 iV'iW i ofxSmitztAtnJb 6 Scom Road. *01-16 Scons Shopping Centre Singapore 0922 1M *****0®. *****43 Dragon City 4th Anniversary Special Set Menu To celebrate our 4th Anniversary and in appreciation of our customers, as well as American Express Cardholders, for voting Dragon City Sichuan Restaurant "My Favourite Restaurant 1988",
      207 words
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      Page 1 Advertisements Column 2
      240 1 Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 COMPANY NEWS Editorial Comment Job hopping and the hip-pocket nerve Commerce 9 Four Dragons in a vital role Home New* 2 Heshe expanding to Europe, US Foreign Newt: 3,4 EC wins anti-dumping cases against Japanese, Soviets; Gorbachev urges
      240 words
    • Advertisement
      Page 1 Advertisements Column 3
      58 1 Minolta EP49OZ with SJmnl-Mw. LEATHER FASHION TREASURE V COSMETICS ACCESSORIES Etienne Aigner Shops operated by M B Melwani Re Ltd: #01-02/04 Delfi Orchard Tel *****00 #01 -02 Shaw Centre Te1:*****41 #01 -20 Scotts Shopping Centre Tel *****42 Boutique Corners Daimaru (Ground Floor) Liang Court New Isetan Orchard (level 2) Wisma
      58 words
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  • HOME NEWS
    • Article, Illustration
      Heshe plans to enter US, UK markets
      590 2  -  *y JOHN TAN LOCAL APPAREL retailer and maker, Heehe Holdings, plans to fashion its export thrust on lines tfenilar to Italy's Benetton or America's Esprit. By next year, Heshe hopes to set up three to four stores in Los Angeles and then move
      590 words
    • Article
      Four organisations support sacked Shell dealer
      321 2  -  ft TONG SUIT CHEE JFOUR ORGANISATIONS have i voiced support for Chuan Hong 'Petrol Station, which is having a J running battle with Shell over the 'termination of its 37-year dealership. The chairmen of the four origanisations felt it was unfair of {Shell to
      321 words
    • Article
      J Higby's Singapore gears up for more outlets
      453 2  -  By GENEVIEVE CUA AMERICAN soft-serve frozen yoghurt chain J Higby's believes the yoghurt business has arrived in Singapore as it gears up to open three more outlets here and one in Malaysia by the end of the year. Franchise-holder J Higby's Singapore
      453 words
    • Article
      Goods worth $393 m sold to Soviet Union last year
      471 2  -  By TAN KEE WEE SINGAPORE sold $393.5 million worth of goods to the Soviet Union last year. The trade balance was, as had been the trend, in Singapore's favour. This week, a Trade Development Board (TDB) mission is in the
      471 words
    • Article
      PWD approves repair of Cheng Hong blocks
      220 2 THE PUBLIC Works Department (PWD) announced yesterday that approval had been given to the propoeals submitted for the repair and strengthening of the four blocks of high-rise that make up Cheng Hong Mansion. The proposals were put up by Aasociate Professor C K
      220 words
    • Article
      Italian president arriving tomorrow
      105 2 PRESIDENT Francesco Cossiga of Italy arrives in Singapore tomorrow for a two-day visit during which a letter of intent to conclude a Cultural, Scientific and Technological Cooperation Agreement between the two countries will be signed. The Singapore foreign ministry said the letter would be initialled by
      105 words
    • Article
      Fifteen Aussie firms to be at Medic Asia '88
      136 2 A TOTAL OF 15 Australian companies will be taking part in thfe coming Medic Asia '88. According to the Australia Trade Commission in Singapore, the Auatraiian acientific and medical equipment induetry ia expected to more than double Ms exports over three
      136 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      205 2 HAN Kill KWANQ has been made managing director of Borneo Company. In his new capacity, Mr Han will be responsible for marketing a wide range of conaumer goods and technical products. A graduate of the University of Singapore, he has extensive experience in his area of work.
      205 words
    • Article
      Meritorious Award goes to five resident committees
      205 2 THE MINISTRY of Community Development has announced the winners of this year's RC Meritorious Award. The resident committees honoured were: Ang Mo Kio Zone C, Gey I ang Serai Zone A, Jurong Zone E, Ulu Pandan Zone A and Yio Chu Ksng Zone
      205 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      63 2 t t •-5 w v r? ■> V *y aeger-leCoultr available at Nanking Watch Dealers, Peninsula Shopping Complex Nanking Watch 8t Jewellery. Lucky Plaza Siow Hiap Pte Ltd Guan Hua Building C«r The Hourglass. Centrepoint/Lucky Plaza/Peninsula Plaza/Scotts Offenbach. Paragon/Lucky Plaza/Forum (ialleria le Agent: Cosil Marketing Pte Ltd (Member of Coop
      63 words
    • Advertisement
      Page 2 Advertisements Column 2
      99 2 WORLDWIDE EXPRESS M*. Prompt pick-up and delivery 24 hoursaday UK AND EUROPE AFTER 1992 THE EUROPEAN COMMUNITY WILL BE ONE SINGLE MARKET. THE POTENTIAL CUSTOMER BASE WILL HAVE RISEN TO 320 MIUJON PEOPLE ONLY HAVE TO'BE READY TO.MEET THE INCREASED DEMAND BUT ALSO TO PREPARE FOR THE RADICAL CHANGES AND
      99 words
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  • ASIA-PACIFIC
    • Article
      Lock icon EC wins anti-dumping cases against Japanese, Soviets
      451 3 Reuter THE European Court of Justice s decision to uohold anti-dumping <futies imposed on five Japanese exporters of electronic typewriters is being viewed as an important victory for the European Community (EC). Officials at the EC's Executive Commission in Brussels said the judgments
      Reuter  -  451 words
    • Article
      Lock icon 'Toshiba rushing to beat ban deadline'
      185 3 Reuter JAPANESE machine tool maker Toshiba Corp is speeding up shipments to the US to take advantage of the Reagan administration's tardiness in enforcing a three-year ban on such US salee, Senator Jake Garn has charged. Garn was the sponsor of legislation to punish
      Reuter  -  185 words
    • Article, Illustration
      Lock icon Dissident defies threats of slander suit
      242 3 Reuter DISSIDENT Fang Lizhi Is defiant in the face of reported threats by the Chineee leadership to sue him for slander over remarks he made on officials' privileges and overseas bank accounts. Chinese sources said on Wednesday the threats which they believed to come
      Reuter  -  242 words
    • Article
      Lock icon Seoul seeks to curb exports to EC with industrial help
      325 3 FT THE SOUTH KOREAN government is seeking to restrain its exports to the European Community (EC) through a new series of voluntary understandings with Korean industrial federations. Mr Chong Ha Yoo, the South Korean envoy to the EC, said his
      FT  -  325 words
    • Article
      Lock icon Indonesian newspaper sternly warned
      160 3 Bernama MERDEKA. Indonesia* oldest daily newspaper, has been gtaen s stem wsming by the suthortties for Its Sep 30 editorial on Pancasila Day which has been described ss misleading. The Directorsts General of Press snd Qrsphtcs said yesterday that the editorial gave the impreeaion that Indonesians
      Bernama  -  160 words
    • Article
      Lock icon Afghan troops cede town to rebels
      327 3 AFP AFGHAN TROOPS handed over Takhta Put town near southern Kandahar to rebel guerillas after regime commanders and some 150 sotdlsrs surrendered, resistance sources said on noonwjiy. Radio Kabul in a broadcast monitored in Islamabad on Wednesdsy confirmed heavy fighting sround Kandahar and in
      AFP  -  327 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      167 3 H m j 4 A CREDIT TO ALL SUCCESSFUL SINGAPOREANS. The UOB VISA Premier Card The Card of a Nation A symbol of the progress and success of our country and the person who carries it g§ .1 V S %V „v ■JW A'tips, Jsf V» :> £2 ft?- ■>
      167 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      180 3 mm ro It/11 Fh» 16/11 CMr 21/13 Our 35/28 Onr 31/25 Ont riH Upng 22/06 Ooor MM 27/22 Sumy Uigrodo 23/12 Ooar Mr 17/07 Ooar limwdo 30/25 Cloudy lorn 15/10 Rota MA— 29/ It Snafao kvMh It/06 Cloudy ludapart It/06 Char Imww Akm 19/11 dowdy Cairo 31/20 door Calgary 19/01
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  • REST OF THE WOLRD
    • Article
      Lock icon Gorbachev urges better economic ties
      451 4 UPI PRESIDENT MIKHAIL Gorbalhtfg admitting that hia economic rw forma are lagging, western Europaan nations to forgo now economic tiea «Nh the Soviet Union. In a speech on Wednesday marking the viait of Romanian Preeident Nicolae Ceausescu. Mr Gorbachev said while ties between Eaat Europe
      UPI  -  451 words
    • Article
      Lock icon Reagan congratulates Gorbachev
      118 4 Reuter PRESIDENT REAGAN has sent a congratulatory mesaage to Mr Mikhail Gorbachev on hia new position as president of the Soviet Union, the White House said on Wedneaday. Spokesman Marlin Fitzwater told reporters that Mr Reagan sent the message to the Soviet leader late on Tueeday and
      Reuter  -  118 words
    • Article
      Lock icon French minister downplays trade gap
      198 4 Reuter FRANCE'S nine billion franc, trad* deficit in Auguat which shocked the financial market#' should be seen in French Industry Minister ftdQeKP Fauroux said in an the weekly magazine La AWwdhi "Let's not get tic about this. A trade ddhc® which might reach Ffr3s billion
      Reuter  -  198 words
    • Article
      Lock icon House approves bill to make foreign investors declare holdings
      242 4 AP THE HOUSE of Representatives ignored claims it was indulging in "election-year xenophobia" and approved a plan on Wednesday to require major foreign investors to report their US holdings to the government. "The American people have the right to know who
      AP  -  242 words
    • Article, Illustration
      Lock icon Quayle draws jeers for comparison with JFK
      415 4 Agencies A FEISTY Dan Quayle presented himself to America on Wednesday as well qualified to serve ss stand-in president but drew ridicule from Mr Lloyd Bentsen and jeers from their debate audience when he likened himself to the young John Kennedy. With the
      Agencies  -  415 words
    • Article
      Lock icon Election campaign disappointing: Carter
      170 4 UPI FORMER US president Jimmy Carter has called the preeent US presidential election campaign the worst ever, and said it has been conducted on a nauaeatingly low level. "This campaign has reached an unprecedented low level in allegations without substantiation and avoiding real issues,'' Mr Carter,
      UPI  -  170 words
    • Article
      Lock icon US inflation expected to stay at 4pc
      333 4 Reuter THE US inflation rate is expected to remain in the 4 per cent range and fears about the impact of last October's stock market crash are unjustified, American Ambassador Leeter Korn said on Wednesday. Addressing the General Assembly's economic and financial committee,
      Reuter  -  333 words
  • Page 4 Advertisements
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      48 4 Doonesbury tstrrrr great, sir* a fresh 9toRT f A CHANCE 70 SHIP ajtTANP SHAPE UP TOGETHER! WHO SAHSTHERE ARE NO SECONP ACTS IN AMERICA* SIR HELLO BY GARRY TRUDEAU CAPTAIN, VOU PONT SEEM TOO THRJLLEP TO SEE THIS YOUNG WOMAN... SHE'S JUST A FLASHBACK, SIR. SHE'LLGO Amy. &TCd
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  • FOCUS
    • Article, Illustration
      Lock icon In search of extraterrestrial life-forms
      1712 5 Undaunted by its past failures, Nasa is once again taking up the challenge of space, the last frontier, to go boldly where no man has gone before UPI SOMEWHERE in space perhaps desp within the ancisnt lake bads of Mars or miles beneath the icy
      UPI  -  1,712 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      947 5 ARRIVALS Operator OtfYiCf Local From number Mmo su SQ11 0040 LAX/NTT UAL UA805 0045 SFO/HKG JAL JL615 0240 TYO MAS MH640 0620 KUL suSQ43 0635 DHA MAS MH651 0910 PEN KM KE697 0910 SEL/MNL MAS MH630 0930 KUL SU SQ103 0950 KUL CP* CX710 0955 CGK OA
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      35 5 VtiMliß Th« bumtti person's choice every Tuesday, Thursday, Saturday ond Sunday. Leaving Chongi Airport at 22:05 hours and arriving Heathrow eorfy tha toSowing morning. Cal your Travel Agent or Air Conodo at *****55 AIR CANADA
      35 words
    • Advertisement
      Page 5 Advertisements Column 2
      141 5 1 When it comes to prime beef, nothing quite tops Angus Beef. The super ior marbling, texture, tender ness and juiciness make Angus Beef a cut above the others. Especially at Boulevard Hotel's Manhattan Grill which is the finest restaurant on the American Angus Association Certified Angus Beef programme, attesting
      141 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      834 6 OCBC Reuter SINGAPORE: Against the Singapore dollar, the US dollar cloaed softer at 2.0383/93 in basically quiet trading yesterday. It traded within a range of 2.0387 and 2.0392. It opened initially at 2.0388/92. The dollar fell to 1.8620/30 marks but rose to 133.45/50 yen from New York's 1.8640/50
      OCBC; Reuter  -  834 words
    • Article
      Money markets
      61 6 THE OVERNIGHT rate on the Singapore money market closed unchanged at 4-7/8 per cent. One- and two-months closed unchanged at 5-1/8 per cent, while three-months rose 1/16 points S$ Interbank rates at the dose yesterday? one mo Ovariright 4 7/8 4 3/4 1-mrth S 1/e 5 1/16 2-mon*
      61 words
    • Article, Illustration
      World interest rates
      181 6 Indicate Mm avaraga of tha prima landing rates of 12 m«KMr banks In Singapore Interbank market rates (offer/bid) on Oct 6 7 doyi 1 1Mb 4 12 Mil us$ 1/4 1/« 1/4 1/« 1/2 3/9 9 11/16 9/16 13/16 11/H U 3/16—1/1* 12 1/16— 11 15/16 12
      181 words
    • Article
      Simex
      471 6 DECEMBER Eurodollar future* yesterday opened one tick lower on Simex than the previous cloee at 91.22. Continued weakness in oil which improved the inflation outlook provided support for the market. Trading was locked in a narrow range of 91.22 to 91.23 as traders were not willing to establish new
      471 words
    • Article
      Options
      1381 6 CURRENCY FUTURES OPTIONS Thursday, Oct 6, 1988 DCUT omm—m MM Uv Ml up MSipato Lmm Spa SI l 52 i 53 t 54 15 55 1 Mm Up MrMpato Up 52 4 53 mmm IS 54 ISA 54 49 56 l 5 Dm M0I Si«NN Up Sal IM Om
      1,381 words
    • Article
      IMM
      208 6 Most IMM currency futures wsrs modestly lower st the close on Wednesday, after fluctuating narrowly all day. Most contracts erased early losses and finished near highs, with the exception of the Australian dollar which roae sharply as speculators bought the unit to capitalise on its steep yield. Crude oil
      208 words
    • Article
      Asian $ market
      250 6 Asian market ASIAN DOLLAR deposit rate® doeed steady yesterday at opening levels after trading quietly. The market was awaiting today's US September employment data for clues on the strength of the economy. Term rates were steady to slightly lower at the outset and they remained unchanged in aubaequent trading. One-
      250 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      80 6 GUINNESS FLIGHT Global Asset Management V ft m •f Mr Timothy Guinness, Managing Director of Guinness Flight Global Asset Management Limited, will be in Singapore on Tuesday, October 11,1988, to give a private talk on "THE OUTLOOK FOR WORLD CURRENCY, EQUITY AND BOND MARKETS". TIME: 6.30 p.m. PLACE: The Oriental
      80 words
    • Advertisement
      Page 6 Advertisements Column 2
      49 6 Do you know of a company that has dared to innovate? n. Call Adeline Yong on 344-8955 to nominate a company worthy of the Enterprise Award 77a 3 BUSINESSMAN OF THE YEAR AWARD AND ENTERPRISE AWARD wtmiowfot r/Mrxr Jointly organised by Business Times and DHL International (S) Pte Ltd
      49 words
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  • BANKING AND FINANCE
    • Article
      Banks resent move to limit Manila's debt repayment
      490 7  -  By AL O LABITA Jr CREDITOR BANKS are reportedly reluctant to disburse new money to the Philippines because of the unprecedented deibt-capping measures adopted by the Philippine Congress. A three-man Philippine panel was scheduled to meet representatives of 483 creditor banks in
      490 words
    • Article
      Lock icon Chase's profits hit by Argentine loans
      135 7 Reuter THE CHASE Manhattan Corp said it expected non-performing loans in Argentina to reduce its third-quarter after-tax earnings by about US$lB million. Chase said it expected to report that as of Sep 30, about US$55O million of some US$97O million of cross-border loans to
      Reuter  -  135 words
    • Article, Illustration
      Lock icon Irving Corp finally agrees to merger with Bank of New York
      566 7 NYT AFTER A YEAR of fierce resistance and skirmishing, the management of the Irving Bank Corp said it would recommend that its board agree to merge with the Bank of New York. The merger would be the first time
      NYT  -  566 words
    • Article
      Comex gold/silver futures
      159 7 1 Gold futures on Oct 5, 1988 100 troy ounces; USS per troy ounce Open Mgfc Low Mia Oct 398.10 401.00 395.00 400.80 2.70 No» 403.90 3.60 Ok 402.30 405.60 398.60 405.30 2.60 Fob 406.40 410.70 404.30 410.40 2.60 419.30 415.00 409.30 415-50 2.60 Jun 418.00 419.00
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    • Article
      Government securities market
      100 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity MO OFFM HIGH LOW 3 months 8Q*****Z 05.01.89 4.50 4.45 4.45 4.45 6 months BY*****Z 23.03.89 4.73 4.68 1 yeor BY*****S 20.07.89 4.76 4.71 Government notes and bonds Period issue Maturity Coupon Yesterday's closing Day's code rate BID
      100 words
    • Article
      Lock icon Cost of US thrifts rescue plan raised to US$50b
      232 7 Reuter THE FEDERAL Home Loan Bank Board has boosted its estimate of the cost of rescuing the US savings and loan industry to between US$45 billion and US$5O billion, but stopped short of calling for a taxpayer bailout. The agency, which
      Reuter  -  232 words
    • Article, Illustration
      Bank loans at record high in July
      414 7 BANK loans and advances, including bills financing, rose by $767 million in July to hit a record $39.69 billion, according to figures released by the Monetary Authority of Singapore yesterday. The MAS's August issue of the Monthly Statistical Bulletin shows the outstanding bank
      414 words
    • Article
      Lock icon Manufacturers Hanover to close Geneva unit
      249 7 Reuter MANUFACTURERS HANOVER will close its Swiss capital market operation Manufacturers Hanover (Suisse) SA by the end of this year, Francois Herve, managing director of the Gene-vs-based unit, said. "It's a question of revising Manufacturers Hanover's strategy in the Swiss market and readjusting the
      Reuter  -  249 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      119 7 Now Jess is more. Introducing United's smaller, more exclusive Business Class. United is happy to announce that it is offering businessmen far fewer seats in its new Business Class. j Which means you can enjoy a more comfort- able flight, and far more personal attention. I As well as the
      119 words
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  • PERSPECTIVE
    • Article
      Job-hopping in perspective
      496 8 THE TASK FORCE on job-hopping has revealed findings which had been awaited with a certain degree of foreboding. While the problem appears to have deterioted so much as to involve 23 per cent of the workforce last year, the task force took comfort in noting that this
      496 words
    • Article, Illustration
      The demise of a market favourite
      2297 8  -  Pahang Investments PLC, owner of the world's largest and oldest lode tin mine, survived a fire and a series of floods, including a deliberate flooding of its underground tunnels to foil the Japanese during World War 11. But the company succumbed in 1985 to
      2,297 words
    • Article, Illustration
      Lock icon Four dragons playing vital role
      1276 9  -  Hongkong, Taiwan, South Korea and Singapore the four dragons as they are commonly known are a key factor |n the reduction of the US deficit in its trade across the Pacific, say economists. PATRICK SMITH takes a look at the tote these economies are playing
      IHT  -  1,276 words
    • Article, Illustration
      Lock icon Japanese firms reluctant to hire women graduates
      617 9 Reuter A SHORTAGE of college graduates has led to an undignified scramble among Japaneee companies to recruit professional employees. Polite gentlemanly agreements have been thrown aside in the race to find workers. But the traditional barrier againat hiring women still stands. Suitable women
      Reuter  -  617 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      179 8 Coflfee at UCC Fountain Cafe. Groom up at Saloon de Vamano. Limcii at I\ing Shark's Fin. Grab a novel at Books Kinokuniya. Shop at Daimaru IJept Store and Supenuart. Work out at Riverside Fitness Centre. I>iiie at The New Otani Trader Vic's Unwind at your apartment in Liang Court Regency.
      179 words
    • Advertisement
      Page 8 Advertisements Column 2
      48 8 SELLING TO JAPAN 4^ V V _y* -•M W^>« Manufacturers look East The Koroans are coaling too Who will succeed YK Pao? Keep fit tbo corporate way Private houses: fading symbols k year after the Crash Spotlight oa F N Ltd, Proaiet Bhd OCTOBER 1988 NOW AT NEWSSTANDS
      48 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      23 8 RriStaHntanlcDlcfc-r* THCY SG£K me Heße Seekr mcTHef?e BUT DO "faey KNOUJ i'n s€je.<ifJG SANC*kjP\R/,N rue third FLOOR GUPCO\RD i SAV you r* fmjouG
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      95 9 I hfll S| ■-■v. Hflßw-xr-mc* msßßßssak -i *v.-. («w&» 4 2T*. /y > c at.' .cz: i V X i= fc= E_ X t<s >r t j i ft SV M *a&«St*W» THOSE WHO ARE BORED WITH THE SAME OLD HOLIDAYS: A Trade winch EZ Pack leti< you choose where
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  • COMMODITIIES
    • Article
      Lock icon World supply of crude oil hits eight-year high
      631 10 AFP WORLD CRUDE OIL supplies reached 50.8 million barrels a day (mbd) in August and September the highest level since early 1960 with Saudi Arabia and other Gulf producers pumping well in excess of their official quotas, the International Energy Agency said
      AFP  -  631 words
    • Article
      Lock icon Opec may consider raising quota ceiling, say analysts
      493 10 Reuter OPEC MEMBERS, facing rising output and a free-fall in oil prices, may have to consider the unusual step of raising assigned quotas in order to bring down actual production, according to US oil industry snalysts. Quotas may be raised by about
      Reuter  -  493 words
    • Article, Illustration
      Lock icon Some win, some lose from oil glut
      405 10 Reuter CRUDE OIL prices have been sliding but there are few signs that petrol will cost less at the pump, for the time being at least. Industry analysts polled did think, however, that winter home heating bills might fall in some regions. Industry
      Reuter  -  405 words
    • Article
      Lock icon Jakarta to remain top LNG exporter
      222 10 Bernama INDONESIA, the world's biggest exporter of liquified natural gas (LNG), is confident of maintaining the position in the coming years. Mines and Energy minister Ginandjar Kartasasmita said on Wednesday. He said the country had also made contingency plans to ensure its export to
      Bernama  -  222 words
    • Article
      Lock icon ICO sets 15-day average price
      261 10 Reuter THE INTERNATIONAL Coffee Organisation (ICO) said the composite 15* day average price for Sep 30, which must be exceeded to trigger increases in coffee export quotas during the October-December quarter, was 114.40 cents a lb. The ICO also said the daily average price for
      Reuter  -  261 words
    • Article
      RAS and MRELB
      279 10 RAS prices mt« tmHt/kg, FO In batoi 1 NOON CIO* 8vyor* Sflien fcryoo Sellers kit 1 RSS Prompt 308.00 209.00N 208.00 209.00N Int 1 RSS Nov 88 210.00 211.00N 210.00 211.00N Int 1 RSS Doc 212.00 213.00N 212.00 213.00N Int 2 RSS Of 206J0 210.50N 208JO 210J0N
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    • Article
      Rubber
      269 10 SINGAPORE: Rubber pried* ctoaad higher yeeterday but below the day's high* with November RSS One buyer quoted at 210.00 cents a kg. TSR-20 Award prices were little changed in the afternoon from the morning's higher levels due to lack of interest in quiet trading. November bid was quoted at
      269 words
    • Article
      SSR and SMR
      76 10 Umm/kg) NOVEMBER 1988 DCCEAOa 1988 (currant month) (forwn rd month) RAS NOON Iwyari Sihri NOON Iwran Witn SSt 20 204JO 306-50N 204.50 206JON SSI so 302.50 304JON 202J0 204J0N Satan SMt cv 305.00 307.00N 307.00 Sa>»r» 309.00N SMt L 297.00 399.00N 299.00 301.00N SMt S 376.00 378.00N
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    • Article
      Precious Metals
      339 10 HONGKONG: Gold closed firmer yesterday in active trading with buying orders from European investors noted in the afternoon session. Dealers said local houses covered short positions yesterday morning following the metal's firm overnight close in New York. Bullion ended at U*****.80/403.30 an ounce against an initial US$4OO.OO/50 and
      339 words
    • Article
      London markets
      299 10 London Commodity Exchange 8uy*r/SoU*r dosing prtc»j on Oct 5 (£/foon« uniots spodfiod). Pr»viow» doting prlcos In paronfhoih. con— Both ln-storo London, lolUrt op* Hon OF London Nov 1184/1185 (1190/1192) High/Low 1190/1173 Jon 1172/1174 (1179/1180) Ugh/Low 1182/1165 Solo* (3308) Cocoa Dm 763/764 (733/734) H^h/low 764/735 Mar 776/777 (756/757) High/Low
      299 words
    • Article
      KL Tin
      123 10 I AMfCQ |uyni|A|| LUWCn lupptltt COiipiM with scattered European and local buying hilptd Im in maital to maintain Its Wedneeday cloelng level of Mflt.22 a kg. Trading wna brief yeetorday. Final tin novae toll to 40 tonnes. Tha market SUM laokad eupport aa W adnaaday' a lowar cloaa
      123 words
    • Article
      Lock icon Crude Oil and Products
      146 10 Source: Telerate Fuel oil continued to trade at lowar levels yeeterday. In view of little market supporting news, players saw mora room for downside movement. Buying indications were hoard notional ly at US$47 par tonne (fob Sing) or elightiy lower. A Western trader ao«d 16,000 tonnee
      Source: Telerate  -  146 words
    • Article
      Palm Oil
      297 10 MALAYSIAN CRUDE PALM OtL WM§ i,l, ii tl lows to close Slightly htgher on NM MS 1, buying Talk of lower palm oti JZ I TT, sentiment. MALAYSIAN era* palm efl prices yesterday recovered after an initial tall to ctoee slightly higher on light cowering and speculative buying
      297 words
    • Article
      Soybean
      73 10 SOYBEAN futures closed lower with commission house selling keeping prices near session lows in late trading on the Chicago Board of Trade on Thursday. lowa Grain led selling with about 6.0 million bushels of November, but Refco and Drexel Burnham Lambert each were noted selling about 1.0 million bushels
      73 words
    • Article
      Wheat
      77 10 CHICAGO Board of Trade wheat prices closed higher on Thursday with light commission house and commercial aell*ing trimming gains late. December wheat was up 3-3/4 cents per bushel at U554.26-1/4 and March was up 4-1/4 cents at 4.31-3/4. CBT corn futures closed lower. Corn traded higher most of the
      77 words
    • Article
      Produce Prices
      233 10 Chinese Produce Exchange SoMon' noon dosing prioM on Oct 6 (SS/100 kg) Coconut oil Mk FOt 118.00 CHd dram FOt 128.00 N»w drum FOt 1 32.00 Copra Mlxad (Ioom) 69 Pepper Mumok wNt* FOt NIW 557.50 Sarawak whit* FOt faq NIW 547JO Sarawak ipadal black FOt NIW 34
      233 words
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      Page 11 Advertisements Column 1
      310 11 V V I w* -v r .X <r 7 f r m: m EE^sßcrn™ If the Market never sleeps, when can the Financial Director go to bed? Unless you're happy to work a twenty four hour day, it's impossible to keep up with the sudden peaks and troughs of the
      310 words
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  • LEISURE
    • Article, Illustration
      Lock icon When a woman becomes invisible to men
      985 12  -  By ANNA QUINDLEN NYT WALKING alone at night last week in the city. I know the drill. My eyes meet the eyes of passing men only for a moment, then move into some empty middle distance that is meant to convey the message:
      NYT  -  985 words
    • Article, Illustration
      Monopoly sales double with new S'pore edition
      164 13 THE SINGAPORE edition of board game, Monopoly, has helped double the total sales of Monopoly in Singapore. "At best we expected to maintain our overall sales level with demand for both editions perhaps adding 10 to 20 per cent,'' said John Taylor, regional
      164 words
    • Article, Illustration
      Salmon and mud to cap your crowning glory
      615 13  -  By SANGEETA MULCHAND TO SOME, salmon it what you eat when you go for one of those "simply divine" affairs and mud is the stuff that gets stuck on your new pair of heels when you trudge to your date's car after
      615 words
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      Page 12 Advertisements Column 1
      572 12 COURVOISIERXO-Him TCIMIiIUN COFFEE HOUSE Intimate V 2 mood. Soft v sentimental music flow. Candlelight setting complete :11th napkin sen-ice. Food cooked to excellence. Just right for that romantic dinner a deux. yyy 5-course Continental 1 Set Dinner consists of appetiser, soup. meat entree, dessert, coffee or tea. Discreetly priced at
      572 words
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      Page 12 Advertisements Column 2
      304 12 I A r-p buffet in town! If you're a lover of sizzling and spicy Sichuan fooc then you'll take delight in the lavish Sichuan spi»d we've prepared for you at the Pine Court Here you can sample all your favourite Sichuan delicacies. There's Shark's Fin Soup with Chickea Sauce, Fried
      304 words
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      Page 13 Advertisements Column 1
      169 13 <» <• <» <» 9 Every second s on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daiiy, for every drink you order you get your next FREE. And bottle purchases are at 25% less There's no happier time to enjoy your favourite drinks
      169 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      664 13 CRYPTIC PUZZLE ACROSS 4 Avoid fishing one's porridge? (6) 7 A wee step, maybe, in the garden (5. 3) 8 Might they cut shares? (6) 10 He isn't solid gold (5) 13 Fruit with a soft projecting part (4) 14 Show warmth in the part of Anne Hathaway (4) 15
      664 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1305 13 TO OGB QaOQO Friday Background 7.50pm, Channal 5 After a major shake-up at the Kremlin, President Gorbachev seems to have consolidated his power to get his reform programmes going. Friday Background looks at the path ahead for perestroika. On the home front, it looks like SDU functions aren't a last
      1,305 words
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  • SPORTS
    • Article, Illustration
      Dual cricket feasts at the Padang
      452 14  -  By CHARLES SAVAGE SIXES AND FOURS will come faat and furious tomorrow at the Singapore Recreation Club (SRC) grounda while at the other entf of the Padang, former English captain David Gower will thrNl cricket enthusiasts with the strength of his bat. Some of
      452 words
    • Article, Illustration
      Lock icon Oakland's victory upsets Red Sox's strategy
      517 14 UPI THE OAKLAND athletics grasped more than a 1-0 lead in the American League championship series. They also disrupted the Boston Red Sox's overall strategy for winning the pennant. Oakland's 2-1 triumph on Wednesday in game 1 came against Bruce Hurst. The Red Sox
      UPI  -  517 words
    • Article
      Lock icon Tyson does not want to divorce wife, says manager
      305 14 Reuter RUMOURS swirled on Wednesday that the most publicly troubled marriage in America was headed for the divorce court, but Mike Tyson s manager insisted the boxer did not want to break up with actress Robin Qivens. And an associate of
      Reuter  -  305 words
    • Article
      Lock icon Wong pips Conway for London title
      232 14 Reuter CHARLENE WONG of Canada won the preliminary skirmish to decide the successor to Katarina Witt as world figure skating queen by winning the London International title on Wednesday night Wong scored narrowly from Joanne Conway, 3.8 points to 4.2 for the Briton, in
      Reuter  -  232 words
    • Article, Illustration
      Lock icon Soviet clubs to compete in America's Cup
      306 14 AP FOUR Soviet yacht clubs have officially registered as challengers in the next America's Cup yachting regatta, say the event s organisers. The Cup holder. San Diego Yacht Club, has received separate challenge letters from Soviet yacht clubs of Tallin, Leningrad. Odessa and
      AP  -  306 words
    • Article
      Lock icon McKenzie floors Bohol to win flyweight title
      353 14 AP CHALLENGER Duke McKenzie of Britain dumped defending titlist Rolando Bohol of the Philippines on the canvas twice in the 11th round to claim the International Boxing Federation flyweight title on Wednesday. The unbeaten 25-year-old Londoner, who has waited 15 months for a
      AP  -  353 words
    • Article, Illustration
      Lock icon Johnson may be cleared by inquiry
      605 14 UPI CANADIAN Sports Minister Jean Charest said an inquiry ordered on Wednesday into a steroid scandal that stripped sprinter Ben Johnson of an Olympic gold medal could result in a recommendation to clear him and bring criminal charges against others responsible for providing him
      UPI  -  605 words
    • Article
      Lock icon Judo star's fate still uncertain
      134 14 AP BRITISH judo star Kerrith Brown, who was stripped of an Olympic bronze medal after failing a drug test, was temporarily banned from competing domestically on Wednesday but must wait to hear his final fate. Brown, who came third in the 71-kilo category at the
      AP  -  134 words
    • Article, Illustration
      Lock icon Ballesteros plays down bike accident
      324 14 AFP SEVERIANO Ballesteros caused a scare among tournament organisers of the £265,000 World Matchplay tournament, which started at Wentworth yesterday, when he arrived for practice badly bruised from a bicycle crash. The 31-year-old Spaniard, four-time winner of the title, injured his arm and hip bone
      AFP  -  324 words
    • Article, Illustration
      Lock icon Edberg enters second round of Swiss event
      187 14 AP TOP-SEEDED Stefan Edberg defeated Uruguay's Diego Perez 6-0, 4-6, 6-1 late on Wedneeday in the opening round of the U*****,000 Swiss Indoors men's tennis tournament. The 22-year-old Wimbledon champion who won an Olympic bronze last week, showed brief signs of fatigue when
      AP  -  187 words
    • Article
      Lock icon Renault tests 10-cylinder engine
      128 14 UPI RENAULT, the French stateowned car company that will furnish Formula One racing engines for the Williams team beginning next year, tested a new 10-cylinder engine on Wednesday for the first time. The normally aspirated engine was tested at the Paul Ricard track at Le Castellet
      UPI  -  128 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon A boost for companies with rent-controlled properties
      624 15 HOCK LOCK SIEW AMONG the beneficiaries of the phasing out of the Rent Control Act (RCA) will be some 2,000 local companies, including some of the biggest publiclylisted companies in Singapore. In the first phase, landlords can only seek decontrol if they put
      HOCK LOCK SIEW  -  624 words
    • Article
      Goodman earmarks $30m for expansion of food business
      403 15 AUSTRALIAN FOOD group Goodman Fielder Wattie has earmarked a total of $30 million for the expansion of its food business in the region. Through Goodman Fielder Wattie (Asia), it has bought out Bowater's 50 per cent interest in Bowater-Wattie Food Services Pte
      403 words
    • Article
      Reconstruction in Iran offers great potential: S'wang group
      229 15 THE SEMBAWANG GROUP recently returned from a 10-day marketing trip to Iran with the aim of participating in the reconstruction programme of the wartorn country. Heading the 12-man delegation was Mr Billy Lee, director of business development. Sembawang Holdings Pte Ltd. The
      229 words
    • Article, Illustration
      Witness denies telling bank of grace period
      400 15 AU«H£, Insider Trading Trinl FORMER SES listings manager Mrs Shirley Chong yesterday denied that she had told an officer from the Standard Chartered Merchant Bank Asia Ltd (SCMBA) of the SES's practice of granting cash companies a grace period before their shares are
      400 words
    • Article
      D&C Bank making M$127m cash call
      204 15 DEVELOPMENT Commercial Bank is making a cash call of 169.5 million new shares at 50 cents each at a price of 75 cents a share. This will raise M 5127.12 million for the bank. The proposed rights will be made on the basis of
      204 words
    • Article
      LATEST RESULTS
      109 15 LINGUI DEVELOPMENTS Bhd: Group loss after tax and minorities of Ms4.B million (loss of M 5326,000) on turnover of M 520.57 million (M 517.38 million) for the year ended June 30. 1988. Loss per share came to 8.4 cents (0.7 cents). The losses were mainly due to losses
      109 words
    • Article
      Sembawang unit in fierce bid for contracts
      424 15  -  Jobs worth $100 m bagged this year By CORRINA LIM SEMBAWANG ENGINEERING Pte Ltd the unlisted subsidiary of Sembawang Holdings has for the past six months been aggressively bidding for contracts worldwide to the tune of some $300 million. But managing director Lai
      424 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        APPROVED ISSUES
        91 16 Company RIGHTS ISSUE ueron Oa*-for-two Q $5.10 par short i Ex-dote Oct 7 I Books do** Oct 1* N O I Non imoynciobii ond won tronifiroblt 1 pfiitfurtioi oH#c of 1 IfftditMblt 1 CowvartiWa Gjatuiotn* ft SJtora OCCPSi tor av*ry 10 ordinary *orw haid at $5 par KXPS
        91 words
      • Article
        PROPOSED ISSUES
        263 16 Company RIGHTS ISSUE CI Holdings 27 ■H>o« loan slocks in the ratio ol 4 $3 loan stock for every live ordinary S- L-IJ i D*to Com snoros wo One-for-one $1.10 per ihore F^CB One-for-one Q 10.60 per star* General Corp hue ol $49.20*.93& nominal amount ol t 8%
        263 words
      • Article
        COMPANY MEETINGS
        149 16 TDM Bertiad: 23rd AQM at the Amn Room, Lobby Floor, Holiday Inn On The Par* Kuala Lumpur, Jalan Pining, ***** Kuala Lumpui, today, Oct 7, at 10.90 am. Ml HARTAMAS CORPORATION Bertiad: 18th AQM at Cempaka Room, Mezzanine Floor, Hotel Equatorial. i Jalan Sultan lamail, ***** Kuala Lumpur
        149 words
      • Article
        Unit trusts
        270 16 Otomgwi' prion Oct 7 Singapore Unit Trust rw Cawta Q*J Off TH 5o*«» H*d DC 00 V»o»» frog M 017 041* Vaora he M 040 0*7 V«ora M f««d 0*6 070 Vian (aurtv hmt 047 Oil Asia Unh Trvti A*I KM OS i.4ft M» Nog OX OS SmMy
        270 words
      • Article, Illustration
        Market inches back after three days of falls
        727 16 THE SINGAPORE stock market •cored it* first gain this week as bargain-hunting set in after three consecutive days of double-digit fslls. Trading was fairly quiet Brokers were encouraged by the renewed strength in the market deapite Tokyo's 233-point drop. They said the
        727 words
      • Article
        SES SHARE INFORMATION
        5319 16 Gr*s Qr*s 1 968 Tol Last Dhr Dhr YTd Net Vol Day Last O HOlO Mgti Low Cod* Company Ma +or- C*w P/E C®6f) Mflh Lew Buyer 1 Mor SECTION ONE MDUSTRIAL ft COMMERCM L 141 95 X e 1000 Acma 109 1 1 ON 2.4 0.9
        5,319 words
    • SES/KLSE
      • Article, Illustration
        KL stocks stage a mild recovery in light trading
        2828 17 INVESTORS at the Kuala Lumpur Stock Exchange had every reason to be more cheerful yesterday. After three days on the decline, the market staged a mild recovery and prices finished higher across the board on bargain-hunting in quiet trading. This was
        2,828 words
      • Article
        Lock icon KLSE to convene EGMs on various proposals
        252 17 NST THE KUALA LUMPUR Stock Exchange (KLSE) is convening s number of extraordinary general meetings later this year to seek its members' decision on certain propoaals, including the graduated commission structure. KLSE chairman Nik Mohamed Din aaid the first EQM would probably be
        NST  -  252 words
      • Article
        DIVIDENDS ANNOUNCED
        933 17 TiM tar D 2%® Oct 12 Oct at No* 21 2% «r AM*rolA«a» 15% Oct 7 Oct 21 No* 8 25% 13% Ayor Hkom h* I7*%fci Oct II Oef 25 Oct 31 17*% 17*% I 227 24 Oct4 Oct 15 227% 30% J JLT 18 Nov 30 Doc
        933 words
      • Article
        BONDS, LOANS & WARRANTS
        594 17 BONDS, LOANS WARRANTS Company CwpM Coswereloo ported MMWI Conversion term lor mm ofdMory <%> payeMe ■her* *te Chwan Hup Wit* 1991 Anytimo on or after Mo r 1987 1.6 warrants plus $140 cosh. until Doc 31. 1991. Oty Dov ftondt 1994 5tt Fob 1 Oty Dov Wm Aug 1 4.75
        594 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Mitsubishi seeks new image
        630 18 Carmaker going public Reuter MITSUBISHI MOTORS Corp (MMC), Japan's fourth largest carmaker, is hoping its plan to list shares on the Tokyo Stock Exchange will boost its public profile and reform its balance sheet. "The object is to improve our financial condition, expand our image as
        Reuter  -  630 words
      • Article
        Lock icon Taipei banks told to extend low interest loans to investors
        300 18 Reuter THE TAIWANESE finance ministry has told 11 stateowned banks to extend one-year low interest loans to investors in an attempt to prop up the flagging .stock market. The measure follows a series of plunges in share prices since the
        Reuter  -  300 words
      • Article, Illustration
        Lock icon Emperor's illness dents market's boom
        498 18 UPI EMPEROR HIROHITO's prolonged illness has momentarily derailed the booming Japanese economy, sending stock prices down and curtailing advertising and retail business. "The emperor's illness is. without doubt, the major factor depressing the market these days." said a representative of Nomura Securities Co. Japan s
        UPI  -  498 words
      • Article, Illustration
        Lock icon Fifth straight drop
        624 18 Tokyo Reuter SHARE prices on the Tokyo exchange ended the day lower for the fifth straight day yeeterday as the poor health of the emperor continued to loom over the market. Selling continued from Wedneeday when many mutual funds reached maturation and liquidated their poeitk>ns, said Steven
        Reuter  -  624 words
      • Article, Illustration
        Lock icon Stocks finish firm
        529 18 Australia Reuter AUSTRALIAN STOCKS closed firm yesterday, but off the day's high as late selling took the shine off a positive day's trading. The market started strong thanks to gains overseas. Selective buying of quality stocks pushed it higher before the light selling began, one broker said.
        Reuter  -  529 words
      • Article, Illustration
        Shares close steady in dull trade
        1256 18 Hongkong SHARE PRICES on the Hongkong exchange closed steady yaaterday but trading was sluggish and featureless. The Hang Seng Index roee 9.62 points to 2,427.04 and the broaderbaaed Hongkong Index was up 6.37 at 1.506.10. Turnover totalled HK5206.81 million againet Wednesday's HK5337.50 million. Brokers
        1,256 words
      • Article
        Lock icon Taipei: Seventh straight fall
        401 18 Reuter PESSIMISTIC Taiwan Investors continued to flood the market with sell order* yesterday, sending the index plunging for the seventh straight trading day and drastically reducing turnover, dealers said. Turnover crumbled to a mere NTS4OO million compared with NTSIO.3B billion on Wedneeday as sell orders outpaced
        Reuter  -  401 words
      • Article
        Lock icon Bangkok: Shares edge up
        96 18 Reuter THE SECURITIES Exchange of Thailand Index rose 1.41 points to 443.67 level yesterday on a turnover of 4.248.063 shares worth 386.32 million baht. Kfl Industrial Flnanca Cera 140 it 479 4 Metal Box Poet Pub<»hir>g Saha Union 134 382 -2 4 3191 30 Siam City
        Reuter  -  96 words
      • Article
        Lock icon Manila: Mixed close
        99 18 Reuter SHARE PRICES in Manila ended mixed yesterday, although gains slightly outweighed losses as oils stirred fresh speculation over the next drilling project and mines sttracted buyers on strong copper gains, brokers said. "There was some buying support, but the enthusiasm wssn't there," said Jesus Cinco, assistant
        Reuter  -  99 words
      • Article
        Lock icon Seoul: Stocks rebound
        213 18 Reuter SHARE PRICES in Seoul rebounded in moderate trading yeeterday with fresh buying centred on construction and financial stocks, brokers said. The composite index gained 3.51 points to close at 677.29 on turnover of 105.6 billion won against Wednesday'a 75.1 billion. Gains led losses 302 to 196.
        Reuter  -  213 words
      • Article
        Lock icon Bombay: Mixed close
        114 18 Reuter BOMBAY share prices yesterday retreated after a firm start to close mixed on scattered prof-it-taking led by stateowned financial institutions. But the market undertone was still bullish and sellers remained cautious, brokers said. In textiles, Century soared 75 rupees to 1,265. Reliance rose two to 194
        Reuter  -  114 words
      • Article
        Lock icon New Zealand: Firmer close
        106 18 Reuter SHARE PRICES in New Zealand yesterday closed higher in a day dominated by heavy trading in Feltrax shares. The Barclays Index rose 9.45 points to 1,973.36. Feltrax trades made up around 19 million of the 27 million total volume and the shares rose eight cents
        Reuter  -  106 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Speculative issues fuel rise
        819 19 New York Reuter BLUE CHIPS broke free of their recent doldrums and ended higher on Wednesday after three successive losing sessions. But analysts said a large part of the gains was fuelled by interest in speculative issues that began on Tuesday with news of the Pillsbury
        Reuter  -  819 words
      • Article, Illustration
        Equities firmer in early trade
        323 19 London SHARE PRICES on the London market opened firmer yesterday, with an early mark-up accompanied by a greater level of buying interest than seen of late. The gains follow Wednesday s 19point rise on the FTSE 100-Share Index and a higher close on Wall Street.
        323 words
      • Article, Illustration
        Lock icon UK's BP move a stab in the back, says paper
        327 19 Reuter BRITAIN'S demand that Kuwait cut to 9.9 per cent its 21.6 per cent stake in the British Petroleum Co PLC within a year is a stab in the back and KuwaitiBritish relations will suffer, a Kuwaiti newspaper said yesterday.
        Reuter  -  327 words
      • Article
        Lock icon Cash-rich Pennzoil looks around for buys
        665 19 Reuter PENNZOIL CO. scouring the oil industry to spend its US$3 billion windfall from Texaco Inc, is prepared to consider all options including a hostile bid for a company. "I don't think you ever rule that out," chief executive Randal McDonald said in his
        Reuter  -  665 words
      • Article, Illustration
        Lock icon Drexel attempt to remove judge arrogant: SEC
        390 19 Reuter THE SECURITIES and Exchange Commission has called Drexel Burnham Lambert Inc's attempt to remove the presiding federal judge in the massive securities fraud case against the firm "unprecedented and arrogant". Drexel had asked the US Court of Appeals to bar US District
        Reuter  -  390 words
      • Article
        Lock icon Securing a better offer appears to be Pillsbury's best option
        542 19 Reuter PILLSBURY CO is reviewing alternatives to a U555.23 billion takeover by Grand Metropolitan PLC, but Wall Street analysts say it has little choice but to try to negotiate an improved offer from its British suitor. Pillsbury, seen by Wall
        Reuter  -  542 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        2052 19 Reuter AMSTERDAM: Dutch share prices retreated from a firmer opening yesterday to trade mixed at midsession mainly due to a lower London market and despite Frankfurt gains. "The market here has a firm undertone but London's drop from a higher start has made us come down as
        Reuter  -  2,052 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      232 15 B Kcppcl Corporation Umhcd (Incorporated in the Republic of Singapore) ANNOUNCEMENT ACQUISITION OF SHARES IN SIM UM FINANCE LIMITED Further to the announcement dated July 21,1988, the Directors of Keppei Corporation Limited ("KCL") hereby announce that the conditional sale and purchase agreement entered into between Sim Lim Investments Limited and
      232 words
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      Page 15 Advertisements Column 2
      11 15 Clambo hat bean ha Id ovar due to praaaura on space
      11 words
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      Page 15 Advertisements Column 3
      522 15 "=/<[{'-\@&)>>$.>%|<@=(~&~%}])< ASIA/PACIFIC PTE LTD (Incorporated In Th» Republic Of Singapore) NOTICE OF MEETING OF CREDITORB NOTICE IS HEREBY QIV EN pomuuit to Section 29) of the Companies Act, Cap 50 that a Meeting of th< Creditors of the above named Company will b< held at 9 Penang Roa< #12-00, Supreme
      522 words
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      Page 15 Advertisements Column 4
      371 15 IN THE MATTER OP THE COMPANIES ACT, CHAPTER SO AND PTE. LTD. (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY m n pBV Q i 3! m nr?¥ 2 imwii \m IN THE MATTER OP THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OP PTE. LTD. (IN VOLUNTARY LIQUIDATION) NOTICE TO CREDITORS
      371 words
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      Page 15 Advertisements Column 5
      457 15 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND i; iWV .1: [il s 0 Kff i. i V^A'/.h <1 hi i.'f" ii u i i i. At an Extraordinary General Meeting of the abovenamed company held at Its registered office. 47 Hill Street #05-06, Chinese Chamber of Commerce
      457 words
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      Page 15 Advertisements Column 6
      301 15 B |l Rnancial Newsmakers ABN Bank COMPANIES ACT, CAP. SO AND IN THE MATTER OP BOND VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of Bond Poster (Singapore) Pte Ltd convened and held on October 1, 1868, the following Resolutions were duly passed: SPECIAL RESOLUTION That the Company
      301 words
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      Page 15 Advertisements Column 7
      492 15 CAP. 50 AND IN THE MATTER OF erti SIN HIAP GUAN TRADING? (PTE) LTD At an Extraordinary Qmmo eral Meeting of the Comvttj ny held at 1 Colombo Coucl #08-10, Singapore 0617."W 28th September 1986. Vm* following Special ReMtatlona were passed: (a) That the Company be woond-ap voluntarily Ksuant to
      492 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      250 18 NOTICES EN THE MATTER OF THE COMPANIES ACT, CAP. SO AND HUTEH DEVELOPMENT PTE. LTD. (In Members' Voluntary FINAL GENERAL MEETING NOTICE IS HEREBY GIVEN In pursuance to Section 308 of the Companies Act, Cap. 50, that a final general meeting of the abovenamed company will be held at 7500
      250 words
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      Page 18 Advertisements Column 2
      28 18 Do you know of a company that has dared to innovate? Call Adeline Yong on 344-8956 to nominate a company worthy of the Enterprise Award. I i.my.? 2*
      28 words
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  • Article, Illustration
    Virgin Airways chief sure of getting licence to fly here
    459 20  -  Branson brushes aside likely British Airways' block By MARTIN SOONG RICHARD BRANSON, the count-er-culture British billionaire entrepreneur behind Virgin Atlantic Airways, is "99 per cent sure" that his maverick discount carrier will get its licence to fly to Singapore. Mr
    459 words
  • Article
    Lock icon Pacific nations may need trading bloc, says Hawke
    185 20 Reuter PACIFIC NATIONS might have to form a trading bloc to rival Europe and North America if efforts to free world trade fail, Australian Prime Minister Bob Hawke said in Canberra yesterday. Mr Hawke said that he wanted an overall freeing of
    Reuter  -  185 words
  • Article
    Lock icon More major reforms needed before S Korea can join OECD
    481 20 FT SOUTH KOREAN officials say further big reforms will be needed before the country is ready to enter the ranks of industrially advanced nations. A recent task force report to the Trilateral Commission, a pri-vately-funded international think-tank, had said South
    FT  -  481 words
  • Article
    Lock icon OECD may initiate talks with NICs
    270 20 AFP Reuter INDUSTRIAL STATES in the Organisation for Economic Cooperation and Development might initiate contacts with Asia's new-ly-industrialising countries "over the coming months", OECD secretary genera! Jean-Claude Paye said in Strasbourg yesterday. He said on Wednesday that he hoped that it would be possible
    AFP; Reuter  -  270 words
  • Article
    Lock icon Seven vie for Parit Raja
    42 20 Bernama THE PARIT RAJA state by-election in Johor will be a seven-cornered fight involving the National Front and six Independent candidates. The nominations period was from 9am and to 11am yesterday. Polling is on Oct 20. Bernama
    Bernama  -  42 words
  • Article
    Lock icon Vietnam withdraws 17,000 troops from Cambodia
    283 20 AFP Reuter VIETNAM has already pulled out 17.000 of the 50,000 soldiers that it has pledged to withdraw from Cambodia this year, with the rest to follow shortly. "The two-thirds which remain will leave by the end of the year," Foreign Ministry spokeswoman Ho
    AFP; Reuter  -  283 words
  • Article
    Lock icon British Steel to be privatised next month
    412 20 Reuter THE BRITISH government, pursuing a drive to privatise national industries, said yesterday that British Steel PLC (BSC) will be privatised in the second half of next month through a stock market flotation. Stock market analysts estimated the flotation could raise between £2
    Reuter  -  412 words
  • Article
    Lock icon Chilean future uncertain after Pinochet's defeat
    353 20 Reuter CHILE faces an uncertain future after the defeat in a presidential plebiscite of Augusto Pinochet, the army general who has run the country*with an iron fist for. 15 years. The 16-party 'Command for the No', which ran against General Pinochet, was a tactical
    Reuter  -  353 words
  • Article
    Lock icon China to continue with reforms
    105 20 AFP CHINESE Communist Party chief Zhao Ziyang said that China would continue its open policy and reforms which had created an economy "full of vitalitythe New China News Agency, monitored in Hongkong, said on Wednesday. "Our present task is to continue the measures which have
    AFP  -  105 words
  • LATE FILE
    • Article
      Lock icon 'Pinochet govt resigns'
      53 20 AFP GENERAL Augusto Pinochet's Cabinet resigned en masse yesterday, only hours after the military government acknowledged defeat in the previous day's plebiscite, reliable sources said. Gen Pinochet only drew 44 per cent support in the 'Yes-No' referendum on whether he should rule Chile for another eight years.
      AFP  -  53 words
    • Article
      Lock icon US, Philippines upbeat on bases
      58 20 Reuter THE US and the Philippines are heading towards aid agreement on the future ol US military bases in the Philippines, President Corazon Aquino said yesterday. US Under-Secretary of State for Political Affairs Michael Armacost said after meeting Mrs Aquino that a new agreement could
      Reuter  -  58 words
    • Article
      Lock icon Smaller Taiwan trade surplus
      57 20 Reuter TAIWAN'# trad* surplus narrowed to US$l.O4 billion last month from US$l.42 billion in August and U552.24 billion a year earlier, according to official figuras. September's exports were worth U554.47 billion, against US$5.7O billion in August and US$5.l3 billion in September 1987. Imports were U553.43 billion,
      Reuter  -  57 words
    • Article
      Lock icon Emergency in Algeria
      48 20 AP THE Algerian government declared a state of emergency yesterday as police battled with demonstrators who have rioted for three days in s proteat againat riaing prices. President Chadli Bendjedid announced that all civil administrstive and eecurity services were being placed under military command. AP
      AP  -  48 words
    • Article
      Lock icon Staff ordered to work full day
      60 20 AFP BURMA'S military junta ordered stste employees to work s full day from yeeterday amid reports that at least 500 leaders of s six-weak general strike against authoritarian rule had been arreeted. Sources said public servsnts and workers at state corporations would not be
      AFP  -  60 words
  • Article
    Comex gold and silver
    56 20 COMEX gold futures improved on Wednesday night's rally, drawing further short-covering early yesterday morning in a temporarily oversold market. December gold was up US$3.lO at U*****.40 an ounce. Comex silver futures yesterday gave back an early rally. December silver backtracked to Wednesday's close of U556,385 an
    56 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      148 20 wmx<~ i fe-r DOUpHIN OFFICE SEATING ENGINEERED LIKE NO OTHER CHAIR Superb in every detail. Technically and visually, probably the best in the world. And lasting value for your money. There's a Dauphin chair for everyone in the modern office. Different chairs for people who are waiting, typing, sitting at
      148 words
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      Page 20 Advertisements Column 2
      227 20 r -i 4. t^T fife. i '.vf £>l Wm inSnr^ N r"^ *< IT'S ABOUT FUN, friendship and competition. And maybe even sex. Motor-cross racing. Come weekends, a small band of urban professionals turn into modern-day knights on their alloy horses, ripping it up on a dirt track in Loyang
      227 words
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      Page 20 Advertisements Column 3
      111 20 leaving Singapore for 3 weeks? know your family is safe and happy... fW V\' j You owe it to yourself to check out Ardmore Park... the security is excellent, school buses call at the gate, and there is aerobics, squash, tennis, swimming, chip and putt and special interest classes for
      111 words
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  • SHIPPING TIMES
    • Article
      PSA plans more promotion missions to Asian countries
      410 21  -  By LINDA CHEE THE PORT of Singapore Authority has focussed on Asian countries as its targets for port promotion missions in the next few years. Coming up in November is a trip to India to establish more links with shipping lines and
      410 words
    • Article
      Lock icon Lines will be asked to adopt rates quoted in European Currency Units
      187 21 Reuter EUROPEAN shippers have agreed to push for freight rates for liner shipping to be quoted in European Currency Units (ECUS) instead of dollars, secretary of the European Shippers Council (ESC) Gerard Verhaar said. So far none of
      Reuter  -  187 words
    • Article
      Lock icon Amcot wants to buy two tankers of 80,000dwt
      101 21 Reuter THE ARAB Maritime Company for Oil Transport (Amcot) said it is looking for two new tankers of 80,000 dwt each reflecting the prospect of expanded business following the end of the Gulf war. Amcot director general Suleiman al-Bassam told the United
      Reuter  -  101 words
    • PORT SIDES
      • Article
        Lock icon Fruehauf to sell assets to Mitsui
        43 21 Reuter FRUEHAUF CORP has agreed to sell certain assets and 20 per cent of the outstanding common shares of its Paceco Inc unit to a subsidiary of Mitsui Engineering and Shipbuilding Co Ltd for US$2O million. Reuter
        Reuter  -  43 words
      • Article
        Lock icon Borthwick undergoing repairs
        54 21 Reuter THE 18,030 dwt British liquefied petroleum gas tanker Borthwick is undergoing temporary repairs in Flushing after being in collision with the Portuguese dredger Marinah on Sep 26 shortly after departure from Leixoes, Lloyd's Shipping Intelligence said. The Borthwick"s bulbous bow plating was ruptured in the collision,
        Reuter  -  54 words
      • Article
        PPA reopens Bauan port
        59 21 THE PHILIPPINE Ports Authority has reopened the municipal port of Bauan, located in the coastal town of Batangas, after a 5.5 million pesos redevelopment. Twelve ports are to be redeveloped by the authority and the next to be completed will be the Port of Calapan in
        59 words
      • Article
        NYK to acquire 18 log carriers
        56 21 NIPPON YUSEN Kaisha plans to acquire 18 log carriers from Shinto Shipping, Tokyo. The move will give NYK. which carried just 180.000 tons of US lumber of Japan in 1987, access to Shinto Shipping's 890.000-ton market share, and will make it the major carrier
        56 words
    • Article
      Lock icon Rumours of tanker fixing dampen crude oil prices
      504 22 Exxon reported to have chartered 8-10 ships Reuter US charterer Exxon Corp is reported to have fixed between eight and 10 very large and ultra large crude carriers overnight for October loading from the Mid-East Gulf, tanker brokers said. Exxon's UK subsidiary
      Reuter  -  504 words
    • Article
      Lock icon Chinese research vessel set free
      115 22 AP PHILIPPINE military authorities have allowed a Chinese research ship to sail away after they were convinced the vessel had simply sought shelter from a typhoon and was not smuggling guns to local communist rebels, officials said. The 3.324-ton Science Research Vessel No 1 had
      AP  -  115 words
    • Article
      INDEX TO ADVERTISERS
      1024 22 AB Shpg V 5 ABC Contoiner IX 1 Accord Shpg VI 3 Adrich Shpg VN 1 Ahrenkiel Liner X 4 Alltrons VH 3 AC Toepfer XI 5 American Tpt XI 1/2 Ai»ro Service IV 2/3 Arrow lines IX 5 A son Ocean XI 4 Assoc Carriage XI
      1,024 words
    • Article
      PSA publishes new version of guide book on port facilities
      160 22 THE PORT of Singapore Authority has published an updated version of its guide book which assist users in locating facilities in the port operational areas. Along with new information and numbers, the booklet has been renamed, "Know your way around
      160 words
    • Article
      Lock icon Pakistani sailors desert their ship
      111 22 AFP NINE PAKISTANI sailors are at large after deserting their ship during Australia's bicentennial festivities, naval officials in Sydney said. A spokesman said the sailors' lockers were empty, indicating that they had not simply missed their ship, but had planned their escape. "It seems the
      AFP  -  111 words
    • Article
      Lock icon Iran agrees to stop searching ships in Gulf
      473 23 AP IRAN has agreed to stop searching neutral shipping in the Gulf for war cargo, and Iraq will agree to postpone discussion of the Shatt-al-Ar-ab waterway in order to unfreeze Gulf war peace talks. The arrangement would toreak a stalemate that has
      AP  -  473 words
    • Article
      Lock icon US shipowners oppose drug testing of crew
      182 23 Seatrade Week US SHIPOWNERS vehemently oppose the mandatory drug testing of crew members which they say will cost them US$62 million a year and promote the likelihood of invasion of privacy lawsuits. The US$62 million cost estimate comes from the US Coast Guard,
      Seatrade Week  -  182 words
    • Article
      Lock icon Salvors refloat Andinet
      51 23 Reuter THE 14,896 dwt Ethiopian vessel Andinet was refloated with the assistance of the 4,165 dwt Ethiopian ship Wolwol and has resumed its voyage to Massawa, Ethiopia, Lloyd s Shipping Intelligence said. The Andinet had been grounded 14km south of Ras Shukheir in the Gulf of Suez.
      Reuter  -  51 words
    • Article
      Unmanned tug experiments in advanced stage
      297 23  -  By Kingsley Wood LARGE, unmanned tugs have gone beyond the experimental stage and several long voyages have been completed pilot to pilot, the 10th International Tug Convention in Sydney was told. But Captain Paul Brick, of Brick Marine, Canada, agreed the word "unmanned" was
      297 words
    • Article
      New Zealand Line likely to be under the hands of ANL
      445 23  -  By KINGSLEY WOOD NEW ZEALAND trade sources are becoming convinced that part of the national shipping line will follow Air New Zealand across the Tasman and into the hands of Australian National Line. New Zealand Line is to be
      445 words
    • Article
      LONDON FREIGHTS
      1253 28 RATES generally held steady to slightly higher on the freight market on Wednesday with further tonnage reported to have been time-chartered by Soviet operators, shipbrokers said Two 54.000 tonners are reported to have been fixed with delivery Continent for transatlantic round trips and redelivery Skaw-Cape Passero with grain
      1,253 words
    • Article
      SHIPPING LIST where your ships are due ...and when
      9121 28 AARHUS Ksmskurs Triot. Oct 7 City of Edinburgh, Triot. Oct 8(PK). Ming Comfort. Yang Ming. Oct 9 Kang Ha. China Ocaan. Oct 9 B Suria ScanDutcht Oct 10 Ever Gleeful Evergreen. Oct 11 Oing Ha, China Ocaan. Oct 13 Villa da
      9,121 words
    • Article
      SHIPS IN PORT
      1220 28 AT CONVENTIONAL WHARVES VMM< •wl h Arrival Deperli KEPPEL WHARVES Com —w (it II KIWOO a» 4k)Afl4> 12 *****0 G Worn* 9 cn oloi^dl oe loflsoc CoM S»«a» •37 tbpii ICiOMhOO Ww CD oVpi^init Of >***** Ko<a >>■» 133 mootae i«wn US OOVJ« 0« >a>3tE C«C a>
      1,220 words
    • Article
      BUNKER QUALITY MARKET RERPORT
      126 30 This WMkty report is pr«par«d by Veritas Pstrolsum Service#, London. Ths information, minimum and maximum levels, is band on limited samples from motor vessels analysed in its laboratories. More comprehenaive fuel quality information ia posted to perttdpents in the Veritas fuel quelity testing pro- Area/Port Viscosity
      126 words
    • Article
      Ships chartered to Philippines have to be checked by SGS
      264 32 THE CENTRAL Bank of the Philippines has ruled that ships brought in under the bareboat charter arrangement for domestic operations have to undergo inspection by government appointed surveyor, SGS. The ruling affects ships chartered from Taiwan, Hongkong and Japan, reported
      264 words
    • Article
      SHIPPING EVENTS
      143 32 Oct 9-21 Management of shipping costs and revenues with computer applications, Drewry Sipping 'Consultants' course, Oxford Moat House, Oxford (details: Drewry Shipping Consultants, 11 Heron Quay, London El 4). Oct 11 Search and Rescue by Rear Admiral M L Stacey, director emergency services UK, Department of Transport. Informal
      143 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      826 21 \r |>«#Wix/WTI N, G^ E STP Distributors dedicated to Qualify se»*vice. 200 Canttnmant Road #12-05 Soutnpotnt. Singapore 0200 Td: *****11 TMi RS ***** FacsimU* *****09 TERMMAUCfS Tit *****11. *****11. *****20 FOR CUSTOMER SERVICE INQUIRIES AWO BOOKINGS Ttf *****306 ffUU JAROINE SHIFTING MEMOES SON BHO PORT KELANG TN 36*4111 Ttto MA
      826 words
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      Page 21 Advertisements Column 2
      117 21 mm US charterer Exxon Corp is reported to have fixed between eight and 10 very large and ultra large crude carriers overnight for October loading frofn the Mid-East Gulf, tanker brokers said. Page II IRAN has agreed to stop searching neutral shipping in the Gulf for war cargo, and Iraq
      117 words
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      Page 21 Advertisements Column 3
      868 21 TIMES STP Distributors Timet PiAMmii Croup MAERSK LINE Tfut M Pari* 8814 Closing Tim* CV 14/10 1100 MRS CFS 13/10 2359 MRS To Europe—UK Scandinavia Finland 4/11 5/11 S/11 9/11 IS/11 19/11 24/11 25/11 3/12 4/12 8/12 9/12 16/11 i 16/11 IVII 17/11 This Met M Pari* Closing Time CY
      868 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      636 22 t u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON HAMBURG I BREMERHAVEN ROTTEROAM/ ANTWERP KAMAKURA 02/SO6 7/10 2/11 26M0 »t0 25/ 0 CITY OF EDINBURGH 80/507 7/10 #/10 27/10 28/10 31/11 Wll CARDIGAN BAY 86/509 12/10 14/10 31/10 2/ 4/11 V TOKIO EXPRESS 84/511 18/10 19/10 4/11 BMI «Jll
      636 words
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      Page 22 Advertisements Column 2
      18 22 Lines and services represented by Members of the Registry of Accredited [5 Shipping Agents. Singapore National Shipping Association.
      18 words
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      Page 22 Advertisements Column 3
      347 22 PORT OF SINGAPORE AUTHORITY rSPSA IK.ICO Optorg Shipping Pte Ltd POLISH OCEAN LINES >-«-• Ui *****51 Penjng «j:45 TO EUROPE nam h ctsitum lw EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE tmmt Emp WIUCIM mCH Mi IV* RUMLA4N) 1M 30/9 a anmoHt vu \w sno 31/10 4/11 7/11 *11 12/11
      347 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1106 23 SS The Straits Steamship Group Mansfield Container Shipping Re Ltd P&O Containers CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK SKME IKOK ft CASUS M»OGKSS V*ON Oct U-M Od PtCASUS PtONEEB VOON 11-12 Oct 1»-1» Oct BANGKOK BORNEO AGENCIES LTO.
      1,106 words
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      Page 23 Advertisements Column 2
      788 23 C SAV Carrpjnui Sud Americonn do I jpcres S A Cf r.in Line TO/FROM CHILE FEEDER SPORE MOTHER VESSEL HK TOKO MICA KK AHTOFVALP SAI VESSEL CSAV 1 l/tt MELAMPUS VJW I*ll 21/10 *11 12/12 CSAV 2 ant ARAUCO V.HSi IAI 14/11 17/12 2*12 22/12 &M J*l2 CSAV 3 22/10
      788 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      581 24 MSI NOSE M MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Sinfipor* 11/10 Loading for:BANOAR ABBAS T*yowT KYOWA LINE FULL CONTAINER SERVICE TO S. PACIFIC VIA HK AND/OR YOKOHAMA (JPN ALSO ACCEPTING LCL CARGO SUBJECT TO INDUCEMENT) MOTHER VSL KYOWA HIBISCUS V.33 KYOWA VIOLET V.22 LOAD FOR:
      581 words
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      Page 24 Advertisements Column 2
      815 24 M S LINE turn ciwwrn FULLY CONTAINERISED J ERVICE 10 EUROPE VIA SUEZ Member of the Ace Como.lH.rn KOREAN JACENON 65N QUEEN'S NAY BRIDGE SW SEVEN SEAS BRIDGE UN KOREAN CHANCE BN ACE CONCORD 17N ORIENTAL CHIEF UN TRANSNORLD BRIDGE 4SN FDR/MOTHER VESSEL SOV 148/HANJIN BUSAN ME SOV 148/ KOREAN
      815 words
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      Page 24 Advertisements Column 3
      277 24 VA FREIGHT LINKS EXPRESS PTE LTD DIRECT FCL LCL SERVICE TO JAKARTA ETA 14/10 21/10 AFGHANISTAN NEW SERVICE KABUL/HAIRATAN/TORGHUNDI 8/104 21/1 AUSTRALIA/ NEW SYDNEY, MELBOURNE FREMANTLE Also accepting to Darwin a AUCKLAND, WELLINGTON, LYTTLETON, DUNEDIN ft NAPIER EUROPE HAMBURG, ROTTERDAM, BARCELONA, FELIXSTOWE, LONDON, ANTWERP Also accepting to: Scandinavian ft European
      277 words
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      Page 24 Advertisements Column 4
      1112 24 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) mw SSi 2?. 010 IXI nyc lnv am toa ax hk so ISS 112! um am mi mi 102 yu w mo »ie a/u 22/u 24/ m *Oo aoo 25/11 w uu iru i/u 1002 u 2$ "w MmW-%2 W w M
      1,112 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      829 25 x PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE an VESSEL Sim BHUM KOTA MAWAR HAI OUANC JENLMK PIYA BHUM JARU BHUM VOY BKK 11/10 12/10 15/10 IS/10 IS/10 17/10 0/10 •no 12/10 12/10
      829 words
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      Page 25 Advertisements Column 2
      470 25 BEN LINE CONTAINERS T,AS MAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FMI AND NEW ZEALAND SIN MAIN LINE HKG NOUMEA SUVA AKL NAP TM 13/10 ARISTOTELIS 4S 20/10 18,11 23/11 26/11 29/11 21/10 ANANGEL LEADER US 5/11 3/12 7/12 10/12 13/12 FROM NEW ZEALAND MAIN LINE AKL NAP TIM
      470 words
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      Page 25 Advertisements Column 3
      366 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD r EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY S. PANJANG/20WB MATARAM/22W8 ANTWERP HBURG/ RDAM/ADAM BREMEN 5/12 8/12 11/12 16/12 Sublet to Inducement. Also accepting cargo to CiuWinci, Pert Said. Port Alexandria,
      366 words
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      Page 25 Advertisements Column 4
      306 25 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HULL HMBG 22/10 24/11 1/12 CLYDEBANK V24N 19/11 U/12 25/12 22/12 BEECO ASIA VSS Spore In Port TAYBANK V4S Spore 27/10 (PNG ports:
      306 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      982 26 13 KAWASAKI KISEN KAISHA, LTD. K'lini NEPTUNE JADE ORIENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET N. AMERICA-ATLANTIC COAST VOY 'INDO 15 10/10 •PK/PNG SGP N. AMERICA PACIFIC SOUTH-WEST ■export KOREAN JACEWON QUEEN'S WAY BRIDGE SEVEN SEAS BRIDGE EUROPE (Member of ACE) VOY 65W 1/10 5W 11/10 WW 15/10 PK/PNG SGP 710
      982 words
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      Page 26 Advertisements Column 2
      539 26 INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contains INDIAN COURIER VJSN TULSIOAS VJ7H *ISHVA NANOINI V.S3H INDIAN COURIER V.36N 10. TRiPURA VJ7H KALIOAS »J9H INDIAN COURIER »37N TULSIDAS VJBH HAL I DAS V.4OH TULSIDAS VJ9H P Keton« Pener* Loxtinf tor By Feeder By Feeder HMAalcuttt/Cbe/Madra> 7 Oct 7 Oct Colombo KandUßomOey
      539 words
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      Page 26 Advertisements Column 3
      604 26 r tv?SL GOLDEN LINE GU»N GUAN SHIPPING (fit) 110 ao* o« lines) r« sow I STRAITS/PERSIAN GULF SERVICE: Spor. Pkm«c Pan«J OOLMH HA*VIST Catambo/Rjr*d»/Du6si lVli Oct QOLDEN WONDER Colombo, MndwDuOa. N/8 Oct CHINA SERVICE Ml TUN SHAN H*w«pu/SliM«M< ttZ3 Oct 6U SHAN HaMpWSMndw 14/1S Oct CHINA OCEAN SHIPPING CO., PEKING
      604 words
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      Page 26 Advertisements Column 4
      309 26 nrn777 Vio 10/10 221®, 27'11 i /io, u/io 17 10 rrrrn PHIU Oni€NT LIN€S PT€ LTD HEtD OFF Ct 63 ROBINSON ROAD -0? 12 AfflO AS A BUILDING SINGAPORE 01CS If LEX RS ***** PNILI fAX *****76 ETA SINGAPORE DESTINATION dubai damman Kuwait DOHA, MUSCAT, BAHRAIN ABU DHABI A SHARJAH
      309 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      747 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD Fl Q«n«ral Enquiries: T«l: 275M77 Terminal CFS BOOKINGS *****22 *****53 NEPIINE SDN BHO. MM*? NEPLINE SON. BHD 2t1«33 NEPIINE SDN BHD. umnumoKMimmi NEPLINE SDN. BHD. 23*040/Z3»41 FE tO/AOST TPA/SEA S: *****51 *****42 2 HUH 27*114 *****11 *****40 INWARDOUTWARD ENQUIRIES *****44 AT cargo
      747 words
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      Page 27 Advertisements Column 2
      480 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, KEELUNG. BUSAN. INCHON WEF JUNE: 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 OAYS SERVICE II SERVICE!! Vmmli Nmiw ETD BS S'POftt PKELANC KEE BUSAN MO JI NO I DONAM/MM 2MB 01-11/10 12 13/10 2000 23-25/10 27/10 'DRAGNET/MBN 10/10
      480 words
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      Page 27 Advertisements Column 3
      802 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PCNANC P. KEIANC MESSRS HAI THONG SHIPPING 127 Parunf Street. Penant Malaysia M/S HANDLING SYSTEM CO SON
      802 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      243 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lmes) FAX *****39 *****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAD r DSR-LINES l VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE "VIA LARNACA ACCEPTMG CARGO FOR-LMASSOU BEIRUT. LATTAKIA,
      243 words
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      Page 28 Advertisements Column 2
      145 28 SHOFUKU LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN SOVEREIGN ACCOftD Vl4 SU In P» 10/10 Ili/M 17/10 21/10 23/10 24/ M CONTINENT Vl4 12/10 11/10 24/10 Sll Jm Wl llill MER*ESACEVI4 20/10 21/10 24/10 I Witt 1W «1 «U HU MiUKI «4 24/10 2/11 7/11 1/11
      145 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      522 29 ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND VSI Irvul no I SOI* 17/11 22/10 Artm*wm 211 21/10 j 30/10 t/11 C. Vwatm 212 16 DAYS TO SYDNEY! TO USA/CANADA aim KOOMI jgyamaii, Tmm. Wil«t.yU« (M). Norfolk. Utwi Now Ilk, CANADA Toronto. St. Mm FROM USA/CANADA/EUROPE/MEDITERRANEAN an i... veroime TNT Express jETJBTIEIiIEIIiIEMIEUEdM
      522 words
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      Page 29 Advertisements Column 2
      307 29 L\pop|CSP SHIPPING AGENCIES PTE. LTD. i Tel: *****66 (16 Lines) Fa* *****61 Tlx ***** CSPFRT f i iTiii: Willi ti.% i rii :i oi r s (if I 1 Ji h S'por* to USA (ALL PORTS) S'pora to Auckland S'pore to Antwerp S'pore to Copenhagen S'pore to Fremantle S'pore to
      307 words
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      Page 29 Advertisements Column 3
      753 29 < CPS CRYSTAL FREIGHT SERVICES CRYSTAL WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 13/10/88 AUSTRALIA MELBOURNE/SYDNEY 10/10/88 FAR EAST u Ei BUSAN 13/10 BANGKOK 12/10 HONG KONG 12/10 KEE/KAOH 16/10 CALL BOOKING HOTUNE FOR BEST RATES 2 2 3 19 2 2 TEL: *****08 TELEX; ***** CFSIN FAX: *****88 PAKISTAN NATIONAL
      753 words
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      Page 29 Advertisements Column 4
      184 29 Tatsumi Marine DIRECT BAUNQ TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subject to inducement (also accepting transhipment cargo: OROBA Y, MADANG, KIETA WEWAK KIMBE, RABUAL via V E COMPANIA CHILENA DK (CHILEAN NATIONAL LINK) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO SAI ARAUCO V/I7SI li/U 11/12 SjU
      184 words
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      Page 29 Advertisements Column 5
      226 29 "trading agency PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX *****90 Qj IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S POKE LOADING FOft MV ALRA2I 20/10 Japan MV SINOBAD 25/10 japan WEST BOUND SERVICE ETA S PORE LOADING FOR SILVER EAGLE 13/10 Jeddah, Aqaba, Ba«
      226 words
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      Page 30 Advertisements Column 1
      625 30 <01! FINE-LINER SHIPPING PTE LTD /0 Sbenton Wjy. 04 02C Marina House S pore 0?07 TEL *****77 (8 I .nes) TLX RS ***** FLINER FAX *****% EUROPE SERVICE (FCL LCL) Ml Wll MTU wu a/u a/u 4iu w w FAR EAST SERVICE (FCL LCL) ;'ip' t-T Ml VU an n/11
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      Page 30 Advertisements Column 2
      636 30 ZIM FULL CONTAINER SERVICE xxaftrnf FCI/ICL cjrfon to USA E«t W«t Cetst CarrihbMn.Ejtt Canada. HAITI Coita Rica, El Salvador. CMet—h Hondurat Vontzuola. Pwv, Ecuador, Cotomkia via Mam* Trinidad. Bartodo* Antwua St Lucia. Mont*«rrat. Guayana via Kingston AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO AOCIAIOC VIA MELBOURNE ANO ALSO fCL TO GUAM
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      Page 30 Advertisements Column 3
      338 30 Everett Lines/ VWv COMPANIA PERUANA DE VAPOREB "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER W CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Pensnf* P. KeUng* Mwppw JOHNEVERETT Gdn K2O/S Oct MURRAYEVERETT 15/lt Oct THOMASEVERETT 1/2 No* EVERETT ORIENT LINE' JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING FOR
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      509 31 JEURO AFGHAN/IMN/IMQ SERVICES i < T ~~1l SEABRIDGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM, RTM, L. HAVRE. ANT. GENOA. ARAHUS, STOCKHOLM. Ha. CPH. GOTBG, MARSEILLES. OLSO i ALL INLAND DESTINATIONS POINTS. SEABRDI6E FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT
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      Page 31 Advertisements Column 2
      277 31 Consolidation Service PAPUA NEW GUINEA SIN: 15/10 PT MORESBY/LAE PACIFIC ISLANDS SIN: 23/10 NOUMEA/PT VILA/SUVA/ 13/10 PAPEETE MAURITIUS REUNION ISLAND SIN: 15/10, 16/10 PORT LOUIS/REUNION TRANSTAINERS delmas-vieueux WEST AFRICA SERVICE CASABLANCA/NOUAKCHOTT/DAKAR/BANJUL/ CONAKRY/COTONOU/LIBREVILLE/ P. NOIRE/MATADI Thru direct B/L to BAMAKO/NIAMEY/ OUAGADOUGOU/BANGUI/KINSHASA TTA Freight pie Ltd Tel: *****55 TLX RS ***** JAVELIN
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      Page 31 Advertisements Column 3
      439 31 Il LCL/FCL SERVICE ALSO ACCEPTING CARGO TO E MALAYSIA. BRUNEI. EUROPE. USA CANADA LUCKY SEAWAY SERVICES PTE LTD Tlr ***** Fax: *****77 ASEAN/CHINA SERVICES SCP P KLANC P. GUDANC KTN FOR T. K* Uftt HUANGPUOUNGANC L KAI 20/10 HUANGPU/XINGANC COLOMBO SERVICE TO/FROM SGP HUANC PNC COLOMBO i rum uao ivu
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      Page 31 Advertisements Column 4
      539 31 GLORY NAVIGATION GROUP BEGULAB LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* TIMER ST A* V-12SS 24/J GLORY SELATAR IX VOY 71 C/ 18 7/11 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN. TO
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      Page 31 Advertisements Column 5
      415 31 PTC CONTAINER LINES FCL ICL SfRVICf PIC GiOjP HI FMEAiT 10/10 KEELUNG/KAOHSIUNG 12/10 BANGKOK 14/10 MANILA 13/10 JAKARTA 15/10 PORT KELANG/PENANG 10/10 BUSAN 10/10 TOKYO/YOKO/KOBE 13/10 HONG KONG also accepting cargo Xiamen/ Xingang/Shanghai 14/10 RDM/HAM/ANT/LE HAVRE/GENOA 14/10 LDN/FLX/LVP/SOU in maam 13/10 LA./NYC/SFO 12/10 VANCOUVER/TORONTO/MONTREAL 10/10 SYD/MELB/ADEL/FREM 19/10 AUCKLAND/WELLINGTON 15/10 P.
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      360 32 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX US ***** RS ***** fc l \S I I K\ \K I l\! K III). J STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! Tokyo •For Discharging Only NOTE: ALSO CALLING OTHtR JAPANESE PORTS, HONGKONG, TAIWAN I CHINESE
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      Page 32 Advertisements Column 2
      251 32 FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANAOA/MEXICO AND FRENCH WEST INDIES B. SURIA V3S2 10/10 77/10 SELAND4A V3C 14/1# VU |>«"<»»< TOYAMAV377 2S/10 10/11 |DUSSELPORF EXP Mtiico City. Alto serving Halifax. Toronto, Now York, Baltlmor*, Porttmouth Norfolk. Sj*annah/FRENCH W.lndies Fort Do Franco, Pointro A. Pitra. Dofrad
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      Page 32 Advertisements Column 3
      171 32 w P.T. MASKAPAI PELAYARAN PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 ■>;; i -rj W.MALAYSIA SERVICE JfL nt
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      Page 32 Advertisements Column 4
      812 32 /M< CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE I 'A»,i J." 1 TO EUROPE FEEKR BUTANC M 7 ifT*. rm OTHER DESTINATIONS: AARNUS. AMSTERDAM. ANTWERP, BASLE. BREMEN BREMERHAVEN. COPENHAGEN.
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      158 32 n Regional Weather w ei m SI /f '4 r. Va s 35 V >\ m ft u re* Ik SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Oct 7. 19M R Thunderstorm c yC\ y Show«r Weather —S Wmd dvection with speed m knots Ro,n Wo.# h»«*t Cloudy Sky
      158 words