The Business Times, 28 October 1988

Microfilm: NL16262
Total Pages: 36
1 36 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 FRIDAY, OCTOBER 28, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    253 1 AP Dow down WALL STREET stocks continued to fall amid waves of futures-related selling in early trading yesterday Futures traders said selling was prompted by a bearish attitude following Wednesday s stock decline. They also said some traders found no reason to hold long positions. The Dow
    AP  -  253 words
  • Article
    Greenback dips below S$2 for second time in ten months
    256 1 THE US dollar yesterday dipped below Ss2 for the second time in ten months, following news of a slower US economic growth rate on Wednesday. In Singapore, the US currency started at 551.9985 and was traded to a low of
    256 words
  • Article, Illustration
    Share prices dip in lacklustre trading
    187 1 SHARE PRICES on the Singapore stock market closed marginally lower yesterday in lacklustre trading while markets around the region scored gains. Dealers attributed the slight decline to light profit-taking and the lack of follow-through support following the overnight fall on Wall Street. The Straits
    187 words
  • Article, Illustration
    Insurers may have to pay out $15m-$20m for Merlimau fire
    324 1  -  By SOH TIANG KENG Financial Corraapoodant INSURANCE CLAIMS for damage to the three naphtha storage tanks ravaged by fire this week could amount to $15 million to $20 million, say insurance managers. The tanks at Pulau Merlimau belong to Singapore
    324 words
  • Article
    SRC to launch inquiry into causes of fire
    406 1 A FORMAL inquiry will be set up to look into the causes of the fire at the Singapore Refining Co's (SRC) refinery on Pulau Merlimau. The fire, which has been burning since Tuesday, has damaged three naphtha storage tanks. It will cost
    406 words
  • Article, Illustration
    MB Group-Carnaud merger creates Europe's biggest packaging company
    488 1 IN WHAT is believed to be the biggest merger of British and French companies, MB Group pic (formerly Metal Box) has agreed to a cash and stock swap with Carnaud SA to create a packaging group with sales of more than £2
    488 words
  • Article
    United Engineers Ltd clinches ServiceMaster licence for Asia
    498 1  -  DEAL WITH HEALTHCARE SUPPORT SERVICE COMPANY By AMY BALAN HAVING ACHIEVED a convincing turnaround at half time, United Engineers Ltd is stepping up its activities in the service industry in Singapore and the region. It recently clinched a coveted licensing agreement with
    498 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      161 1 ADVANCED BATTERIES for commercial, industrial military applications "CHI-ONE'S THE BEST THING THAT'S HAPPENED TO BANKING SINCE..." "Since I can't remember when. "I get my own Personal Citibanker to help with all my money matters. "I get Maxi-Save so every dollar of my money gets moved into savings to earn me
      161 words
    • Advertisement
      Page 1 Advertisements Column 2
      216 1 Full report, PAGE 20 Regional Mkts, PAGE 22 World Mkts, PAGE 23 5 M Editorial Comment: 14 A referendum on peace Property 2 US embassy sells four bungalows for $8m Investments US companies to increase foreign holdings US-Canada ties The neighbour Canada loves to hate Foreign currency swaps 10 Indonesia
      216 words
    • Advertisement
      Page 1 Advertisements Column 3
      56 1 Minolta EP49OZ 8«rvlc« to th« Matter, Pag* 19 Vitalis SUPER CONTROL For hair that keeps its style all day, get hold of Vitalis Super Control. With protein formulation to nourish hair and give it a fuller, thicker look. Ifs the extra control stubborn hair needs. Trademark Authorised User: Bnstol-Myers (S)
      56 words
Page thumbnail Page 2
  • HOME NEWS
    • Article, Illustration
      US embassy sells four bungalows for $8m
      398 2  -  By TONG SUIT CHEE THE US EMBASSY has sold (our bungalows in prims locations for $8.26 million. Tha housas, all located in district 10, fetched an avaraga price of $886 par squara matra ($82.3 par sq ft). Loke Fook Chuen, a director of
      398 words
    • Article
      TRADE TALK
      390 2 LASEREX, a South Australian manufacturer of laser-based equipment, has appointed Singapore Biotech as the agent for its range of laser products. A number of Laserex products for medical use will be displayed at Medic Asia, a trade exhibition from Nov 9 to 12, at the World Trade Centre.
      390 words
    • Article, Illustration
      Poly's endowment fund launched
      150 3 AN ENDOWMENT FUND has been launched by the Singapore Polytechnic and its Graduates' Guild with an initial contribution of $800,000. The aim of the fund is to provide financial assistance to needy and deserving students and award prizes to outstanding students. It will also be used
      150 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      262 3 SAMUEL POON HON THANG, 39, has joined the credit and marketing division of the OUB Group as first vice-president. The bank has also appointed NEO KHAY PfN, 41, as first vice-president of the group's overseas branches department of the branches and international banking division. Mr Poon has
      262 words
    • Article
      Evans leaves after talks with leaders
      281 3 AUSTRALIAN Foreign Minister Gareth Evans left yesterday for Bangkok after top level talks on political, economic and defence relations which he said had been "constructive and amicable". Mr Evans, who also holds the trade portfolio, told a press conference before his departure that the
      281 words
    • Article
      Corrections and clarifications
      45 3 IN THE story "Nike gives Reebok a run for its money" which appeared in yesterday's BT, the man in the accompanying photograph was wrongly identified as Chris Gorrie. He is William Hall, Nike Asia Pacific marketing director. We apologise for the error.
      45 words
    • Article
      Telecoms' consultancy rings in $1.7m jobs
      401 3  -  By TONG SUIT CHEE BARELY eight months since it started. Telecoms' wholly-owned subsidiary, Singapore Telecoms International Re Ltd (STI), has clinched $1.7 million worth of consultancy jobs. The jobs include installation, operation and maintenance, feasibility study, consultancy and training on the latest telecommunications equipment
      401 words
    • Article
      PUB to cut electricity rates
      209 3 TWO WEEKS after oil companies cut the pump prices of petrol to reflect falling oil prices, the Public Utilities Board yesterday announced that it would reduce electricity rates. The PUB is to cut electricity tariffs by 7 per cent in the average unit rate for
      209 words
    • Article
      PWD carrying out survey on traffic habits of Singaporeans
      124 3 THE Public Works Department (PWO) is conducting a traffic survey that will involve interviewing the members of about 6,000 households over the next few weeks. Interviewers carrying PWD identification cards will call at the selected homes to find out about the
      124 words
    • Article
      SDP to boycott FairPrice supermarkets until it reinstates members
      334 3 THE Singapore Democratic Party (SDP) will boycott NTUC FairPrice supermarkets for as long as it takes to get the labour movement to reverse its action against two of its members, party leader Chiam See Tong said last night. SDP will continue
      334 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      194 2 HI Z/S1 _-////> Singapore (•C) 21/11 Ooudy 11/07 Ooudy 17/13 Cloudy 32/25 Cloor 32/25 Cleor 30/23 Cloor 16/08 O'coit 24/18 Ooudy 12/05 Cloar OUTLOOK: Shawara Report for 24 hours prior to 7.30pm on Oct 27 ort a 9 78 2S.S 06-02 Cleor 26/20 Ooudy 78 Hra o4 RaMall th 4«
      194 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      237 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day > reac oice< r r <m r< m H s»3fc *<- f *V?>® x*3 I M Ga ilHt i liM Reaching the top has its rewards. Like being able to choose a car that truly reflects your position in life.
      237 words
Page thumbnail Page 4
  • ASIA – PACIFIC
    • Article
      Lock icon KL to be first to tap Asean-Japanese fund
      447 4 MBT MALAYSIA and Japan have reached agreement on the national guidelines that will set in motion the long-awaited US$2 billion Asean-Japan Development Fund (AJDF), Japanese Ambassador to Malaysia, Noboru Nakahira said in Kuala Lumpur on Wednesday. He said Malaysia is the first
      MBT  -  447 words
    • Article
      Lock icon Inclusion of Khmer Rouge lesser of two evils: Sihanouk
      230 4 Reuter KAMPUCHEA'S Khmer Rouge guerillas, whose rule caused the deaths of up to one million people, must be included In the country's future government as the lesser of two evils, former head of state Prince Norodom Sihanouk said on Wednesday. "Without
      Reuter  -  230 words
    • Article
      Lock icon Hussein urges PLO to accept Israel's right to survival
      210 4 Agencies JORDAN'S King Hussein has advised the Palestine Liberation Organisation to accept the UN Security Council's Resolution 242, which sanctions Israel's right to survival, as the basis of negotiating the boundaries of the projected Palestinian state, a news magazine reported in
      Agencies  -  210 words
    • Article
      Lock icon China to introduce civil service in 1992
      286 4 AP CHINA will introduce a civil service system at the central and provincial government levels in 1992, and adopt the system nationwide in 10 years, senior Personnel Ministry officials said in Beijing. Vice-minister Cheng Lianchang, speaking at an international seminar on Wednesday, said
      AP  -  286 words
    • Article
      Lock icon Eighty million Chinese facing food shortages
      208 4 UPI A GRAIN SHORTFALL caused by severe summer floods and drought has placed 80 million people in rural China in danger of food shortages or possible famine this winter, an official newspaper reported yesterday. Western diplomats analysing China's grain situation, however, said that while
      UPI  -  208 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1001 4 ARRIVALS Operator Sanrtc* Local From nurnb*r ftnw SU son 0040 LAX/NTT UAL UA605 0045 SFO/HKG ML J161 5 0240 TYO MAS MH640 0(20 KUL StA S043 OS 35 DMA MAS MH651 0910 PEN KAL KE697 0910 SEL/MNL MAS MH630 0920 KUL SU SO 103 0950 KUL CM
      1,001 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      186 4 X S3 W J* i i 2 <T\ ■/Mrr&l H jv^^~KjSP I jMi£ 1 'v. fu KfS» St >~ -<*£ »■>_ ,|r v ;T r A-.' v"«-at.T v V. e <S» dP m BAUME MERCIER GENEVE Showroom and Service Centre: Singapore *02 26/27 Hilton International Singapore. 581 Orchard Road. Singapore
      186 words
    • Advertisement
      Page 4 Advertisements Column 2
      35 4 rioiiß The buurxM person's choce every Tuesday, Thursday, Saturday and Sunday Leaving Changi Airport at 22:05 hours and ornvr>g Heathrow eorty tie totowmg morning Cal your Trove! Agent or Air Conoda ot *****55. AIR CANADA
      35 words
Page thumbnail Page 5
  • REST OF THE WORLD
    • Article
      Lock icon EC delays action on 1992 car industry policy
      255 5 FT THE EUROPEAN Commission has unexpectedly deferred for a week the adoption of a longawaited paper setting out its policies for the car industry for the run-up to the 1992 deadline for a single internal market. Wednesday's full meeting of the 17-man
      FT  -  255 words
    • Article, Illustration
      Lock icon Delors warns of crisis in EC
      236 5 AFP AP TOP EUROPEAN Community official Jacques Oelors sprang to the defence of the notion of a united Europe on Wednesday, and warned that the attitude of several member states could paralyse the community. Mr Delors. president of the EC Commission, was speaking to
      AFP; AP  -  236 words
    • Article
      Lock icon Reagan offers new inspection proposal
      174 5 AP UPI PRESIDENT Ronald Reagan has offered the Soviet Union an on-site inspection proposal that will make a strategic arms reduction treaty effectively verifiable while protecting "legitimate US secrets and interests". Charles Redman, the US state department spokesman, said yesterday that Mr Reagan had made
      AP; UPI  -  174 words
    • Article, Illustration
      Lock icon French-Chinese accord for high tech ventures
      281 5 AFP FRENCH AND CHINESE trade ministers have agreed that joint efforts to turn China from a mainly agricultural country into a high-technology exporter would be in both nations' interests. French Foreign Trade Minister Jean-Marie Rausch and Zheng Tuo Bin, his Chinese counterpart, on Wednesday
      AFP  -  281 words
    • Article
      Lock icon S Africa's ruling party wins
      223 5 Reuter SOUTH AFRICA'S ruling white National Party has swept liberal opponents aside in local elections to seize full control for the first time of Johannesburg, the country's economic powerhouse. "It is the greatest moment of my life," Foreign Minister Pik Botha, city leader of the
      Reuter  -  223 words
    • Article
      Lock icon Stormy debate expected over Soviet budget deficit
      211 5 FT THE SOVIET government was expected yesterday to reveal the extent of its chronic state budget deficit for the first time, at a far-reaching and potentially stormy debate on the disturbing state of the economy. It was also expected to come under unprecedented
      FT  -  211 words
    • Article
      Lock icon US companies gearing up to increase investment abroad
      400 5 Reuter DESPITE heated rhetoric about a foreign invasion of corporate America, US direct investment abroad is higher than vice versa, and American companies are gearing up to increase their overseas holdings. A recent survey by the Commerce Department showed American companies plan
      Reuter  -  400 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      123 5 53 W7\ I Colette Fernier In Concert Sunday, 30th October Margaux Ballroom, 9.30 pm. An internationally acclaimed pianist, she has won the highest awards at the National Conservatory of Versailles, and the Royal College of Music in London. The programme comprises Handel: Suite No. 2, Beethoven: Sonata No: 23 in
      123 words
    • Advertisement
      Page 5 Advertisements Column 2
      313 5 We're bringing the Best of Hotel Plaza Athenee, Paris to The Mandarin It could only happen during The Stables' French Gastronomic Week 28 Oct 5 Nov 1988 Paris. Visions of romance, adventure and excitement are conjured up by that magical city. Now you can get a foretaste of that world
      313 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      59 5 Doonesbury UH-0H... ANOTHER ONE... GOOD MORNING, SIR! vilMfi UKXJLD YOU HAPPEN TOHAVE ASMRE*IB* MY SUBSCRIPTION TO THE "NATIONAL REVIEW' IS ABOUT TO LAPSE If;, 41 BY GARRY TRUDEAU Hee, Heal thatls buss NOT A BAP RAP. YOU, SIR. r/n GOING TO YOU'RE GOFORTT, YOUNG ONE IN LAW. A THOUPOINTS OF
      59 words
Page thumbnail Page 6
  • COMMODITIES
    • Article
      Lock icon Coffee supply trigger starts operating
      358 6 AP SPECIAL PROVISIONS that could boost coffee supplies this quarter began operating on Wednesday, according to the International Coffee Organisation (ICO). The 74-nation ICO decided earlier this month, when it renewed its market-control regime for a further year, that the global export quota of 56
      AP  -  358 words
    • Article
      Lock icon Iran objects to Iraq having equal oil quota
      361 6 UPI IRAN said on Wednesday it would oppose an oil production quota for Iraq to match that of Teheran. Iran's Islamic Republic News Agency reported. Also on Wednesday, Iranian and Chinese oil exploration experts discussed prospects for cooperation at a meeting in
      UPI  -  361 words
    • Article
      Precious Metals
      339 6 HONGKONG: Gold closed slightly lower on moderate profit-taking by domestic investors in the afternoon yesterday. Light domestic and Japanese buying in the morning was slowly absorbed by selling pressure later, pushing gold to near the day's low by the close. Bullion ended at U*****.20/70 an ounce against an
      339 words
    • Article
      Rubber
      256 6 SINGAPORE: Rubber prices yesterday closed slightly higher but off their highs with November RSS One buyer quoted at 205.50 cents a kg. unchanged from Wednesday's close. On the TSR-20 Award market, prices drifted a lower in the afternoon on light selling in thin trading. November buyer was quoted at
      256 words
    • Article
      RAS and MRELB
      286 6 RAS prices In S omMq, FOB In bniw 1 NOON CLOSE 8wyort S#Mocs Bvyon SoMon Int 1 RSS Pro* >pt 204.50 206.5ON 204.50 206JON Int 1 RSS Nov 88 205.50 206JON 205JO 206JON Int 1 RSS Doc 210.00 211.00N 210.00 211.00N Inf 2 RSS Of 203.00 205.00N
      286 words
    • Article
      SSR and SMR
      78 6 team*/kfl) NOVEMBER 1988 DECEMBER 1988 (currant rnontti (forwor d month) RAS NOON NOON lw r »<-, Satan ll/ytfl Satan SSC 20 198.00 200.00N 198.00 200.00N SS* 50 196.00 198.00N 196.00 198.00N M: dl: Saian SMt CV 30®.50 310.50N 310.50 312J0N SMt I 300.50 302.50N 302.50 304.50N SMt
      78 words
    • Article
      Soybean
      154 6 SOYBEANS in Chicago on Wednesday closed higher on short-covering led by commercials and commission houses, ending a string of four consecutive lower closes. Spot soybeans closed up 6% cents per bushel at US$7.6B. ending a foursession slide that trimmed 45 cents off the price. Traders expecting computer sell stops
      154 words
    • Article
      Wheat
      169 6 COMMISSION HOUSE and commercial buying resulted in spot corn closing higher in Chicago on Wednesday for the first time in the past eight sessions December corn closed up 5%» US cents per bushel at U552.0014. Most traders said the market was due for a correction and gains in CBT
      169 words
    • Article
      KL Tin
      132 6 LACK OF DEMAMO and a higher Initial offering brought the Kuala Lumpur tin martcet down 14 cents From WMOMoiy 10 ciom n M 919.19 a kg yesterday. IIIPIWMIAf rnwl RimUfWT IVUIVU 39 tonnes agalnet 96 previously becauee miners refused to dtapoee at lower levels. Dealers noted 40 per
      132 words
    • Article
      Crude Oil and Products
      150 6 FUEL OIL prices were slightly higher yesterday. Traders were uncertain of the fuel oil supply as a result of the temporary shutdown of the Singapore Refining Company. The possibility of a shortage in prompt supplies encouraged sellers to raise their indications up to the $63 mt
      150 words
    • Article
      Palm Oil
      427 6 The Malaysian crude palm oil prices yesterday fell on late profit-taking and speculative selling prompted by a similar trend in the palm oil futures market. But prices managed to end at Wednesday s closing levels. The refined palm oil market again saw light activity in RBD palm olein.
      427 words
    • Article
      Produce Prices
      240 6 Chines# Produce Exchange Sotlori' noon doting pricos on Oct 27 (S$/100 kg) Coconut oil kt fO» 116.00 OW drvm FOt 126.00 Nn> dram FOi 130.00 Copra Mlx*d (too**) 68 --M itntn Pepper AAunlok wMt* FOt NLW f -i 585.00 Sarawak wwt FOB foq NLW _t 1 575.00 Sorawa*
      240 words
    • Article
      London markets
      295 6 London Commodity Exchange Bvy* r /S+M* f dosing pricos on Oct 26, (£/tonr» union spodflod). Proviowt doting pricos in paromho*it. Con— Roth In-stor London, toHort oplion OF London Nov 1120/1121 (1138/1140) High/Low 1145/1140 Jon 1130/1131 (1136/1137) High/Low 1145/1130 Solos (3391) Cocoa Doc 792/794 (811/812 High/Low 804/779 Mar 788/790
      295 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      366 6 The Moment of \m Captured Si A Diamond at Fbter Lai's Shower the woman of your life with love. Give her a diamond from Peter Lai Jewellery and let her know your love and care for her is eternal. Now, for a short time only, Peter Lai Jewellery is offering
      366 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      237 7 Does your bank only deal in a fraction of the world's currencies? JUST HOW GLOBAL IS YOUR PRESENT GLOBAL TREASURY SERVICE? Many banks may claim to be global, but when it comes to solving treasury problems their world can begin to feel very small. No other bank can offer a
      237 words
Page thumbnail Page 8
  • FOCUS
    • Article, Illustration
      Lock icon The neighbour Canada loves to hate
      925 8 FT IN 1967, Lyle and Dora Hurtubuise put up their Christmas tree in the United States. This year, they may put it in Canada. When an international boundary bisects your living-room, such decisions are an everyday affair. The postal address of the Hurtubuise s
      FT  -  925 words
    • Article, Illustration
      Lock icon Free-trade accord takes centrestage in election campaign
      986 8 NYT AN ANGRY, finger-pointing confrontation on national television has brought new life to Canada's election campaign. The confrontation, in a three-hour debate on Tuesday night, centred on the free-trade agreement that the ruling Progressive Conservatives have signed with the United States. The opposition
      NYT  -  986 words
  • Page 8 Advertisements
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      275 9 The little Da Vinci Chronograph with perpetual moonphase display, by IWC. Yet another great work from a group of old masters. The automatic Da Vinci Chronograph with perpetual calendar and moonphase display by IWC. Eloquent proof that the future does not belong to the computer alone: A truly remarkable mechanical
      275 words
Page thumbnail Page 10
  • BANKING AND FINANCE
    • Article
      Lock icon Indonesia introduces sweeping reforms
      565 10 Measures to boost investment on the cards Reuter INDONESIA will extend the limit on foreign currency swaps to three years from six months, Coordinating Minister for Economy, Finance and Industry Radius Prawiro said yesterday. He told reporters, in announcing a sweeping package of measures to deregulate
      Reuter  -  565 words
    • Article
      Lock icon Confidence in Britain's unit trusts returns
      196 10 Reuter BRITAIN'S unit trust (mutual fund) industry is picking up from a battering that followed the crash on world stock markets a year ago, according to Unit Trust Association figures issued on Wednesday. Unit trusts, which pool money of small investors to spread risks
      Reuter  -  196 words
    • Article, Illustration
      Lock icon European banks beating a path to Moscow
      600 10 Reuter EUROPEAN BANKS are lining up a US$6 billion credit spree for the Soviet Union but the United States and Britain are voicing concern they may be making life too easy for Kremlin leader Mikhail Gorbachev. As Western leaders including Chancellor Helmut Kohl
      Reuter  -  600 words
    • Article
      Lock icon Proposed Japanese investment fund augurs well for Malaysia
      293 10 Bernama MALAYSIA might see a flow of funds into the capital market in the near future as there is a possibility that an investment fund would be created in Japan. Chairman of the Asean-Japan Cooperation Committee, Shoji Umemura, said in Kuala Lumpur
      Bernama  -  293 words
    • Article, Illustration
      Two banks buy credit management system
      485 10  -  By LEONG WENG WAH CAP INFORMATION Systems, a software house, has sold the Cardpac credit management system to United Overseas Bank and Citibank, bringing the number of Cardpac users in the region to eight. The Cardpac package allows the banks to provide accurate and
      485 words
    • Article
      Lock icon Dalwa sacks manager involved in fraud case
      111 10 Reuter DAIWA SECURITIES Co Ltd has fired one of its managers after finding out he was involved in a fraud case. A Daiwa spokesman said the broker accepted orders on behalf of a former Nomura Securities Co Ltd official who waa arrested along
      Reuter  -  111 words
    • Article
      Lock icon Nikko Securities applies for CME clearing membership
      209 10 Reuter THE NIKKO Securities Co International Inc has applied for clearing membership at the Chicago Mercantile Exchange (CME). the second-lsrgest US futures exchange, a CME spokeswoman has said. The CME board will vote on the application either on November 2 or November 16,
      Reuter  -  209 words
    • Article
      Lock icon US widens probe on drug money laundering
      160 10 Reuter A SENIOR American Customs official said other financial institutions besides the Bank of Credit and Commerce International (BCCI) were under investigation for laundering drug money. "I believe there are other financial institutions which willingly or unwillingly are involved in laundering the tremendous
      Reuter  -  160 words
    • Article
      Lock icon World Bank seeks US$1.6b aid for Uganda
      357 10 Reuter THE WORLD BANK wants Western donors to provide US$l.6 billion of aid for Uganda over the next three years to help the country recover from two decades of political and economic chaos. The World Bank, which is sponsoring a donors' meeting for
      Reuter  -  357 words
    • Article
      Lock icon Deutsche silent on report
      114 10 Reuter DEUTSCHE BANK AG said it had no comment on a West German press report that it planned to inject 400 million marks into Kloeckner und Co which faces potential losses of up to 700 million marks from oil trading. Deutsche agreed to inject the necessary
      Reuter  -  114 words
    • Article
      Lock icon 'State behind Marceau's Societe Generate stake'
      388 10 Reuter MARCEAU Investissements acquisition of 9.16 per cent ot one of France's top banks. Societe Generate, has revived the controversy over cross-company shareholdings in France, share analysts said. Such holdings, called "hard core" shareholder groups, were set up by the former conservative government. to
      Reuter  -  388 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      197 10 FOR SALE BY TENDER FREEHOLD THE PRESIDENT HOTEL AND SHOPPING CENTRE SI i, .<*4/* The complex comprises a 5-storey podium block with about 51,000 sq. ft. of shops and carpark, together with a unique Y-shaped 16-storey tower block of 525 hotel rooms. Being situated in a popular tourist and local
      197 words
    • Advertisement
      Page 10 Advertisements Column 2
      176 10 GRAND CARPET AUCTION presented by Edmund and Shukor r IWY Sunday, Oct 30,1988 Grand Ballroom Hilton International Singapore Viewing 10am Ipm Auction Sale: 2pm 5.30pm 100 selected pieces from Persia, Afghanistan and Pakistan including interesting tribal pieces. All lots are guaranteed and backed by a full trade-in value at our
      176 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      274 11 m u jm *> S£> 5i When the business has made a profit, how does the Corporate Treasurer explain a loss? You know that foreign exchange rates are reversal of your projections or an aborted notoriously fickle. And can turn profit into overseas contract. loss overnight. Yet to hedge fully
      274 words
Page thumbnail Page 12
  • MONEY AND EXCHANGES
    • Article
      Lock icon Dollar under pressure next year, says study
      361 12 Reuter THE DOLLAR will come under renewed downward pressure next year and beyond as the US trade deficit will not be eliminated even if significant cuts are made in the US budget deficit, a study published on Wednesday said. Economic growth in the
      Reuter  -  361 words
    • Article
      Government securities market
      115 12 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****V 26.01.89 4.30 4.25 4.31 4.27 6 iiionrtw BY*****Z 23.03.89 4.50 4.45 4.51 4.48 1 y*or BY*****S 20.07.89 4.56 4.51 4.54 4.51 Government notes and bonds Pariod Issue Maturity Coupon Yesterday's closing
      115 words
    • Article, Illustration
      World interest rates
      193 12 Indicates th* mngi of til# prim# landing ntti o4 12 malof tanks In S'pors > Interbank market rates (offer/bid) on Oct 27 us$ DM SWFC Y«n 7 days 3/» 1/4 11 3/i 1/« 4 15/16 13/16 3 S/t 1/2 4 »/16 7/16 1 mil 5/16 3/1* 11
      193 words
    • Article
      Lock icon NatWest issues notes
      118 12 Reuter NATIONAL Westminster Bank pic on Wednesday issued US$25O million of perpetual subordinated variable rate notes (VRNs) at par. The issue is lead managed by Merrill Lynch International and Co. Nat West said this is the first public issue of undated VRNs. The notes will rank as
      Reuter  -  118 words
    • Article
      Money markets
      56 12 THE OVERNIGHT rate on the Singapore money market closed unchanged at 5% per cent yesterday. Short term rates also remained unchanged. S$ Interbank rates at the dose yesterday: OW» WO Ovarnigta 3 1/8 S l-own* 5 1/8 5 3-mo*h S 3/16 S 1/16 3 mo-h 5 1/4 J
      56 words
    • Article
      Asian dollar market
      201 12 ASIAN dollar deposit rates closed at opening levels in quiet trading yesterday 7 day* 1 —#i 2 man*» 3 weKto 6 ii»mi*i« 9 rnomtn 12 woiOn US$ OFffg MO 8 3/8 8 1/4 8 7/16 8 5/16 8 7/16 8 5/16 8 11/16 8 9/16 8 11/16
      201 words
    • Article
      Simex
      499 12 DECEMBER Eurodollar futures opened 6 ticks higher in Simex yesterday than Wednesday's close at 91.32 as a result of the weaker-than-expected 2.2 per cent growth in the US third quarter GNP. AFter edging to the day's high of 91.33, the December contract eased to the low of 91.30 on
      499 words
    • Article
      Lock icon IMM
      204 12 Reuter IMM currency futures, buoyed by perceptions that US interest rates might not rise, finished with sharp daily gains and near session highs on Wednesday. Prices surged early on a much weaker-than-expec-ted rise in third-quarter US gross national product, which generally reinforced ideas US economic growth is moderating. The
      Reuter  -  204 words
    • Article
      Comex gold/silver futures
      154 12 Gold futures on Oct 26, 1968 100 troy ounces USS per troy ounce Opon High Low Oct 407 40 407.50 407.40 408 30 1.90 Nov 409.00 1.70 DK 411.00 411.80 409.50 411.10 1.70 Fob 415.80 416.80 414.70 416.20 1.70 Ap» 421.30 421.70 420.00 421.40 1.60 Jun 426.30
      154 words
    • Article
      Options
      1475 12 CURRENCY FUTURES OPTIONS Thursday, Oct 27, 1988 DEUTSCHE MARK (SNAEX) Not I Mgfi 88 cafe Lav Saa 1 Not High 88 pull Law Sal S3 53 54 55 M 57 2508 2 SS Cab cas CAS 708 158 67 14 I4A 4 12 OK 88 celM High Low M
      1,475 words
    • Article
      Lock icon IFC lends US$80m to Mexican firm
      269 13 Reuter THE International Finance Corp (IFC). an affiliate of the World Bank, lent US$BO million to Visa Group as part of the Mexican industrial firm's US$l.7 billion debt restructuring programme, according to a Visa official this week. "It is a substantial piece of the
      Reuter  -  269 words
    • Article
      Lock icon Taiwan to allow currency to rise faster, says official
      329 13 Reuter TAIWAN will allow a faster appreciation of its currency against the US dollar in the run-up to the Nov 8 US presidential election, according to a senior Taiwanese central bank official. "We expect to appreciate our currency faster before the
      Reuter  -  329 words
    • Article
      Lock icon China losing US$800m a year to blackmarket
      292 13 Reuter CHINA is losing up to US$BOO million a year of foreign exchange to the black market where the yuan is worth only half the official rate. The official Digest News said that China had three exchange rates the official, the grey and
      Reuter  -  292 words
    • Article
      Lock icon Forex markets
      1208 13 Reuter SINGAPORE: The US dollar closed mixed against most major currencies. Against the Singapore dollar, the US dollar closed slightly firmer at 1.9995/05 in thin trading. It traded within a range of 1.9975 and 2.0010 after opening at 1.9985/05. OCBC The US dollar ended firmer at 125.95/126.05 yen
      Reuter  -  1,208 words
    • Article
      Lock icon Tokyo's capital spending seen up 17.5 pc
      165 13 Reuter CAPITAL SPENDING by Japanese firms will increase 17.5 per cent in the fiscal year ending March 31. 1969, according to a recent survey. The survey, conducted by Japan's Ministry of International Trade and Industry (Miti) in September, covered 1,659 companies capitalised at
      Reuter  -  165 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      64 12 We touch BandarSeri Bepawan sixteen, times a week <? V a v-v er If m n J J".T Larf 7 t > '.v ROYAL BRUNEI'S GOLDEN FLEET NOW FLIES TO BANDAR SERI BEGAWAN TWICE DAILY AND Tl I REE TIMES ON TUESDAYS AND FRIDAYS WHENEVER YOU FLY, WHEREVER YOU FLY
      64 words
    • Advertisement
      Page 12 Advertisements Column 2
      30 12 Nominate Singapore's Businessman of the Year now. 777 Call Adeline Yong on 344-8955. businessman of the year award and ENTERPRISE AWARD WtHHDWtOC fjr**€SS Unfitly <»rf«ni«*d bv Butin«» Time* and I>Hi
      30 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      254 13 MONTRE DES MONTRES LA MONTRE D The sin of pri It s more a new concept than simply a new watch. Yet it bears the proud name of the ancient god of strength in Aorse mytholog}\ Thorr. Thorr has been pro duced by MDM Geneve to stand alongside the success
      254 words
Page thumbnail Page 14
  • PERSPECTIVE
    • Article
      A referendum on peace
      483 14 THE PALESTINE Liberation Organisation has made what is by any standards an historical call to the Israelis. Early this week, the PLO issued a statement in Tunis which pointed to the 11month uprising in the occupied West Bank and the Gaza Strip and appealed to Israeli
      483 words
    • Article, Illustration
      Japan poses threat to services sector: Pauli
      1345 14  -  Gunter Pauli, co-author of the book The Second Wave, Japan's Global Assault on Financial Services, has repeatedly warned about a Japanese onslaught on the world market (or services. TAN KEE WEE presents Mr Pauli's main arguments, drawing from a statement he delivered at
      1,345 words
    • Article
      Lock icon Importers find Japan still a bureaucratic web
      662 14 Is apple butter a Jam or a fruit puree? The answer is important if you are trying to export it to Japan. But the only way to find out is through trial and error. KAREN LOWRY MILLER reports on the difficulty of introducing
      Reuter  -  662 words
    • Article, Illustration
      Lock icon 'Informated' factory key to higher productivity
      1716 15  -  Manufacturing experts have coined a term the informated factory for a new strategy to improve workers' performance. In an informated factory, workers are given more powers and more information about day-to-day operations so as to become more deeply involved in their work. DORON LEWIS
      NYT  -  1,716 words
    • Article, Illustration
      Lock icon Assad wants to be in ME peace talks
      952 15  -  In a new book, a British author who is an expert on Syria reminds us that there can be neither real peace negotiations nor a real peace agreement between Arabs and Israelis unless President Hafez Assad's Eluded. JOHN COOLEY reports. JOHN COOLEY
      IHT  -  952 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      780 14 i,V. •••:> CREDIT LYONNAIS Head Office: 19, bd des Italiens, ***** Paris. Registered Office: Lyon. Singapore Office: 65 Chulia Street *37-01, OCBC Centre. Singapore 0104. Tel: *****77. Cable CREDIONAIS Telex: CLSING RS *****/*****. Fax: *****34 (All figures quoted in thousands French Francs) Consolidated Statement of Income for the year ended
      780 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      645 15 WARNING UNITED KINGDOM DESIGN REGISTRATION NO. *****14, *****15, *****22, *****23, *****47, *****48, *****54, *****55 *****54 IN RESPECT OF DESIGNS OF ALUMINIUM FRENCH DOOR AND WINDOW AND EXTRUDED SECTIONS. THE ARTICLE S Of INOEfNTE LENGTH ANO OF CONSTANT SECTION THROUGHOUT I'-"- 1 ENO VIEW END VIEW (SHOWING THE ARTICLE J SEP*RATEO
      645 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      37 15 Tfrrfcrfi DO roy D&C6JV& r^G.? thc gorgeous miss PReTry of KL£jEMBPHONe e STRIDING pT PW D6-SK ,TH€L. Tdj£.PHOK£. IN H£f? Ull>/ U>HlT£, MRNID \i II Al ,C„ Do roj' Djstu#?B C EVENING STANDARD CO LTD 196? 198S
      37 words
Page thumbnail Page 16
  • LEISURE
    • Article, Illustration
      Lock icon Ready for innocence?
      582 16 LAT-WP THE APPEAL of Sherlock Holmes, 101 years after Sir Arthur Conan Doyle invented him, continues to be strong. There was a rush of parodies, sendups, examinations and updatings in 1987 to commemorate the centenary of A Study in Scarlet. Holmes's first appearance. The Holmes filmography does
      LAT-WP  -  582 words
    • Article, Illustration
      Curtains up
      806 17  -  By JAIME LYE STAND BACK, Whitney Houston and Julio Iglesias. Make way for the New York cast of Ain't Misbehavin', 42nd Street, or Fratelli Bologna, four guys from San Francisco who can do a mean vaudeville act like you've never seen before. Commercial pop has its place in
      806 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      840 16 z wMwm Where to entertain. SLtouSkappines& svoms Bpm trie cia?s receive one free. Or nave a free pint on us for every quart purchased Monday Friday. Enjoy! After Bpm get 10% off every bottle Club 5. There rou'll have happy hours on Plaza Hotel si*g Atoet AIMtCOLOUIf <11 •INVITING Be*cti
      840 words
    • Advertisement
      Page 16 Advertisements Column 2
      343 16 It's the French Gastronomic Week! m Ooh la 1 J The Hot fOoh la la! The Hotel r Plaza Athenee, Paris comes to The Stables. Here you can uncover the romance and flavours of Paris brought to you by French Executive Chef Monsieur Claude Banner. Be titillated by his delightful
      343 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      232 17 'J jp > t fU -V- < Be >> iA.% Authentic Thai Home Cooking. October 22- 30 The taste of Thai home cooking, fiery curries, tangy Tom Yam Soup, spicy salads The authentic flavours of Thailand brought to you by Mrs Somphom Kass. You can even mix and match your
      232 words
    • Advertisement
      Page 17 Advertisements Column 2
      220 17 a mm Treasure Hunt Treasure Ahoy! In the Great Ballantine's Treasure Hunt Belay there, matey! Stow your prattling a wee while an' 111 let ye into the deep dark secret of how I hid the first of the Great Ballantine's Treasure Chests. It was a dark and stormy night (Aye,
      220 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      661 17 (sosssmii!) CRYPTIC PUZZLE ACROSS 4 It may be blown from a pipe (6) 7 Hijack the ferry? (4. 4) 8 Pictures I'm a long time Betting (6) 10 Lighten the lot tor part of the way (5) 13 Retreat by rail? (4) 14 A little ball taking a good £50
      661 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1264 17 to as© aaoo® ring attempt Furthest North 9.30pm, Channel 12 This programme records the daring attempt made by Sir Ranulph Flennes in 1986 to trek 475 nautical miles (879.7 km) across the frozen waters of the Arctic Ocean to the North Pole without huskies, motorised transport or supplies dropped in
      1,264 words
Page thumbnail Page 18
  • SPORTS
    • Article, Illustration
      Tintus, Allen grab the spotlight
      507 18  -  By WALTON MORAIS AS THE BIG GUNS continued their predictable march to the semi-finals, it was qualifier Tintus Wibowo and unseeded Malcolm Allen who made the news in the quarter-finals of the Carlsberg Singapore Men's Open tennis championships at the Padang yesterday. Tintus, without a
      507 words
    • Article
      Lock icon Wilander drops out of Paris Open
      444 18 Agencies WORLD NUMBER ONE Mats Wilander dropped out of the Paris Open Tennis Tournament 45 minutes before his first-round match because of the flu and three other seeded players were defeated on Wednesday in the US$l.l million event. Top seed Wilander said he was
      Agencies  -  444 words
    • Article, Illustration
      Lock icon Magic Johnson wants shot at Olympic gold
      198 18 AFP MAGIC JOHNSON wants to help the US win back the men's basketball title at the 1992 Barcelona Olympics. Having led his Los Angeles Lakers to two straight championships in the National Basketball Association (NBA), Johnson admitted: "If I had a gold medal.
      AFP  -  198 words
    • Article, Illustration
      Winners of P&O half-marathon
      149 18 PUTTING his fifth-place finish of last year behind him. Ernest Apauh scaled the glory heights of this year's P&O Containers half-marathon last weekend. Ernest grabbed the top prize in the men's open division, completing the gruelling 21-km course in Ihr 28min Ssecs to finish ahead of
      149 words
    • Article
      Lock icon Benn punches his way back to retain C'wealth title
      319 18 AFP NIGEL BENN scored one of the most amazing victories in British boxing history on Wednesday night to retain his Commonwealth middleweight crown. The Englishman came back almost from the dead to knock out Jamaica's Anthony Logan in sensational fashion at
      AFP  -  319 words
    • Article, Illustration
      Lock icon Ballesteros on target for huge pot of gold
      223 18 Reuter BRITISH OPEN champion Seve Ballesteros of Spain is on course for a huge pot of gold in the first Volvo Masters golf championship on the Valderrama course in Spain this week. This new event, established as a grand finale to the
      Reuter  -  223 words
    • Article
      Lock icon Lohr shocks many pros with a 10-under par
      259 18 UPI PLAYING on what has been traditionally the toughest of three courses used for the US$7OO,OOO Walt Disney Golf Classic, Bob Lohr ripped the Palm course for a 10-under-par 62 on Wednesday and a two-shot lead after one round. Lohr has never
      UPI  -  259 words
    • Article, Illustration
      Lock icon Lalonde aims for a knock-out
      223 18 AP DONNY LALONDE, the world light heavyweight champion, confidently predicts he'll knock out Sugar Ray Leonard when the two square off on Nov 7 in a ring set up behind Caesars Palace in Las Vegas. According to some boxing insiders, a knockout is the only
      AP  -  223 words
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      40 18 IT'LL ONLY BE HANES OR NOTHING 100% PURE COTTON HANES UNDERWEAR AVAILABLE AT OG SOGO TOKYU ROBINSON FASHIONTAILOR/TANGLIN SHOPPING CENTRE TRADE ENQUIRIES TROPIC-SUN MARKETING PTE LTD 315 OUTRAM ROAD *05-10 TAN BOON LIAT BUILDING SINGAPORE 0316 TEL *****55 FAX *****03
      40 words
    • Advertisement
      Page 18 Advertisements Column 2
      22 18 (SHsIM* Probably the best beer in the world. 'Live' telecast Carlsberg Singapore Men's Open Championships '88 Saturday 29th October, Channel 12, 1.15pm.
      22 words
Page thumbnail Page 19
  • COMPANIES & STOCK MARKETS
    • Article
      QAF shows promise of a turnaround
      552 19  -  By WILLIAM CHIA BRUNEI-BACKED QAF Ltd. which was in the red for the past two years, is beginning to show some promise of a turnaround. For the first six months ended Sep 30. 1988. the group actually posted a pre-tax profit of $1.48 million
      552 words
    • Article, Illustration
      Missionary zeal helps ServiceMaster top the charts
      515 19  -  By i AMY BALAN GOD AND MAMMON don't mix. Or do they? America's leading diversified services group Service Master, literally "service to the Master", shows it can. From a carpet and upholstery care service started 40 years ago, Service Master's phenomenal growth has
      515 words
    • Article, Illustration
      Polytek Wearnes forecasts $3.75m profits for 1988/89
      595 19  -  By MAGDALENE NG SESDAQ-ASPIRANT Polytek Wearnes Holdings Ltd has forecast a near 54 per cent increase in group after-tax profits to $3.75 million on a 22 per cent rise in turnover to $77 million for the current financial year ending March 31, 1989
      595 words
    • Article
      SBS expected to release interim results soon
      130 19 SINGAPORE BUS SERVICE is expected to release its interim results for the six months ended June 30. 1988. soon. The company yesterday requested a suspension in trading of its shares pending the announcement of the results. SBS share price rose 14 cents to
      130 words
    • Article
      Lock icon DMIB seeking to expand aircraft tyre market
      162 19 Bernama DMIB BHO. one of the largest tyre manufacturers in Malaysia, is to expand its aircraft tyre market to Australia. Taiwan and Pakistan Managing director Abdul Shukor Nagor said its tyres sold under the Goodrich trademark had now penetrated the Asian market. reaching
      Bernama  -  162 words
    • Article
      Rashid Hussain pays M$35m for unit
      441 19  -  By i ANDREA BORCH KUALA LUMPUR-based investment house Rashid Hussain Bhd (RHB) has taken another step in its preparation for a public listing. The newly set-up investment holding company has taken over the stockbroking arm, Rashid Hussain Securities (RHS) for Ms3s million. This values
      441 words
    • Article, Illustration
      Witness unsure whether Baring was told of Sealion's possible re-suspension
      366 19  -  liwidctf Eroding Trial ALLAN NG PROSECUTION witness Thong Kok Khee told the court yesterday that he could not remember if he had indicated to Baring Brothers Asia Ltd that he anticipated Sealion Hotels Ltd could be re-suspended after selling off
      366 words
    • SES
      • Article, Illustration
        Market finishes weaker on light profit-taking
        1432 20 SHARE PRICES on the local bourse fell across the board on light profit-taking sparked off by Wall Street's overnight eightpoint fall. Dealers said trading was quiet although there was considerable institutional involvement in the stock market. The Straits Times Industrial Index shed 3.12 points
        1,432 words
      • Article
        COMPANY MEETINGS
        116 20 THE BUKIT KATIL RUBBER ESTATES Berhad: 74th AGM at N0.22 (Upper floor of N0.20), Jalan Hang Jebat. ***** Malacca, tomorrow, Oct 28. at 11am. KHONG GUAN FLOUR Milling Limited: AGM at 120 Tanjong Rhu Road, Singapore 1543 on Saturday, Oct 29, at noon. SIME DARBY Berhad: 10th AGM
        116 words
      • Article
        SES SHARE INFORMATION
        5690 20 1988 High Low Tel Code Company Last Sale OCT 27 orGr's DIv DIv C'vr ws Y'ld Net P/E Vol (•000) Day High Low Last Quote Buyer Seller M Cap Smll 187 120 170 59 110 130 199* 53 144 92 135 126 122 SESDAQ 114 X 4000
        5,690 words
    • KLSE
      • Article, Illustration
        Lock icon KL market ends mixed
        3355 21 NST BLUE CHIPS and quality stocks wars again tha bright sparks on tha Kuala Lumpur stock markat yesterday as investors continued to shower their attention on them. But the market ended mixed for the aecond consecutive day due to a dearth of interest in lower liners.
        NST  -  3,355 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Chase Corp wins control of Wormald
        614 22 Core business to be strengthened FT A SIX-MONTH battle for Wormald International, the troubled Australian fire protection group, has ended with control effectively passing to Chase Corporation, the company headed by the New Zealand entrepreneur Colin Reynolds. Under an accord hammered out on Monday,
        FT  -  614 words
      • Article
        Lock icon DFC New Zealand confirms lead management role
        191 22 Reuter INVESTMENT bank DFC New Zealand Ltd has confirmed it is the lead manager of a consortium seeking a stake in Air New Zealand Ltd. A DFC spokesman said in an interview that the bank's clients had not authorised it to disclose their
        Reuter  -  191 words
      • Article
        Lock icon Paul Y cancels rights issue plan
        90 22 Reuter PAUL Y HOLDINGS Co Ltd. an Evergo Industrial Enterprise Ltd group unit, has formally cancelled a one-for-one rights issue of new shares at HK$l.39 each, the Hongkong stock exchange said. It gave no further details. However, the exchange's listing committee announced on Tuesday
        Reuter  -  90 words
      • Article
        Lock icon Asean urged to liberalise bourse rules
        151 22 Reuter JAPANESE businessmen urged members of the Association of South-east Asian Nations (Asean) to liberalise rules governing foreign investments in stock markets. Shoji Umemura, chairman of the Asean-Japan committee of the Japan Association of Corporate Executives, told reporters in Kuala Lumpur after a meeting
        Reuter  -  151 words
      • Article, Illustration
        Lock icon Market moves higher
        544 22 Tokyo Reuter SHARE prices on the Tokyo exchange were higher yesterday, but below their peaks, and volume was strong as investors focused on large capital issues. "The market was up in expectation of a strong market in November. Interest rates are down." said Yoshihiro Takita, a broker
        Reuter  -  544 words
      • Article, Illustration
        Shares finish little changed
        1395 22 Hongkong HONGKONG share prices closed little changed yesterday after a day dominated by shares which resumed trading after their suspension, especially Hongkong Hotels. The Hang Seng Index firmed 6.63 to 2,617.25 and the Hong Kong Index was 2.87 higher at 1,723.54. Turnover was HKSI.IS billion, up
        1,395 words
      • Article, Illustration
        Lock icon Shares close higher
        528 22 Australia Reuter THE Australian national sharemarket closed firmer in thin trade yesterday as options expired and investors awaited the impending placement of Bell Resources's BHP shares. One broker said the "complete lack of interest" in the market, reflected in share price index futures, was likely to continue
        Reuter  -  528 words
      • Article
        Lock icon Bangkok: Stocks tumble
        151 22 Reuter THE SECURITIES Exchange of Thailand Index dropped 9.37 points to 419.89 yesterday on a turnover of 5,643,363 shares worth 377.89 million baht. Reuter OCT 17 AHT Ao Kham Thai 362 Ayudttya In—K 430 Bangkok Aground.... 100 Bangkok Bank 293 Bank Of Ayudhya ssa Charoong Thai Wira
        Reuter  -  151 words
      • Article
        Lock icon Seoul: Third straight plunge
        114 22 Reuter SEOUL share prices plunged across the board for the third consecutive session yesterday. Near the close, the composite index was down 14.74 at 741.29. Turnover fell to 211.4 billion won from 322.9 billion. "Many investors are showing increasing concern over recent pressure from the United
        Reuter  -  114 words
      • Article
        Lock icon Manila: Narrowly mixed
        96 22 Reuter MANILA share prices closed narrowly mixed in thin trading yesterday as sentiment sagged due to the absence of oil in the Saddle Rock exploratory well off Palawan island after drilling reached the targetted 3,250 feet, brokers said. "Aside from the gloomy weather, that report on Saddle
        Reuter  -  96 words
      • Article
        Lock icon Bombay: Sharp retreat
        127 22 Reuter SHARES on the Bombay exchange retreated sharply on nervous selling yesterday after rumours that the results of some leading companies may not live up to expectations. Brokers said the market was also hit by institutional selling after the market opened subdued. Tata Steel shares fell 25
        Reuter  -  127 words
      • Article
        Lock icon Taipei: Prices wobble
        338 22 Reuter TURNOVER remained heavy on the Taiwan stock exchange yesterday as jittery investors sent stock prices wobbling, dealers said. The weighted index recovered from an initial dip to post mid-morning gains of 21.47 points to 5.902.52. Dealers said specula- tors had become more cautious after the index
        Reuter  -  338 words
      • Article
        Lock icon New Zealand: Easier close
        198 22 Reuter HEAVY SELLING of banking shares trimmed the New Zealand market yesterday but brokers still expect it to finish the week with the overall bullish tone still intact. Brokers could not explain NZl's six cent fall to NZ$l.O9 following a five cent fall on Wednesday. BNZ
        Reuter  -  198 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks end moderately lower
        725 23 New York Reuter NEW YORK share prices, unable to break out of an early slump, closed moderately lower on Wednesday. Traders said the market lacked the will to move higher amid a weak dollar and lacklustre bond prices. The takeover sector continued to capture the most
        Reuter  -  725 words
      • Article, Illustration
        Lock icon Equities decline in early trade
        968 23 London Reuter SHARES on the London market opened mixed yesterday ahead of a scheduled 1130 GMT announcement of UK September balance of payments data. Dealers said anticipation of the data has been keeping dealings relatively subdued for most of the week. There is nervousness that
        Reuter  -  968 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1931 23 Reuter AMSTERDAM Dutch share prices opened slightly firmer in quiet trading yesterday with no impulses to rock the market but with good underlying sentiment. "Prices are a bit higher although blue chips are retreating somewhat from their firmer opening levels due to a weak dollar, which is
        Reuter  -  1,931 words
      • Article
        Lock icon Japanese, European firms bid for projects
        28 23 Reuter JAPANESE and European engineering firms are bidding for two petrochemical plants in Egypt with delivery dates unspecified, oil industry sources said.
        Reuter  -  28 words
      • Article
        Lock icon Third quarter profits up 33pc at US oil companies
        284 23 Reuter PROFITS at US oil companies, driven by strong oil refining and chemical results, rose 33 per cent in the third quarter from year ago levels. The largest gains so far have been at Phillips Petroleum Co. which reported a 593
        Reuter  -  284 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      203 19 CURRENCY INVESTMENT WIIRK I XI'RI SS IVWK TEL: 321 3333 ENEX-ASlA'BB** Power to the Electrical Electronics Industries 25 29 OCTOBER 1988, WORLD TRADE CENTRE, SINGAPORE Get Ready. Electric Asia and Asia Electronics, two of Southeast Asia's most influential trade exhibitions, are here again. This time, with even more clout than
      203 words
  • Page 19 Miscellaneous
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      290 22 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Mrs Surilak Labanukrom of No 38 Kheam Hock Road #04-06 Kheam Hock Gardens Singapore 1129 have applied for a Public House Second Class licence in respect of premises at M/s Bhan Thai Restaurant at 101 Thomson Road #01-52 Goldhill Square Singapore 1130
      290 words
    • Advertisement
      Page 22 Advertisements Column 2
      360 22 NOTICE NOTICE IS HEREBY GIVEN that, I Ho Ewe Kiong of Blk 161 Bukit Batok St 11 #05-86 Singapore 2365 have applied for a First Class Beer House licence in respect of premises at M/s Everbest Cakes And Snack House at Blk 145 Teck Whye Lane #01-157 Singapore 2368 and
      360 words
    • Advertisement
      Page 22 Advertisements Column 3
      29 22 Ring 344*8955 before October 31,1988. To put in your nominations for Singapore's Businessman of the Year Award and the Enterprise Award. BUSINESSMAN OF THE YEAR AWARD AND enterprise award
      29 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      10 23 Vienna market was closad on Wednesday for a public holiday
      10 words
    • Advertisement
      Page 23 Advertisements Column 2
      513 23 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF C.W.W. MARKETING AND DEVELOPMENT (S) PTE. LTD. (In Members' Voluntary Wlndlng-Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 101-A Upper Cross Street, #Jl-22, People's Park Centre. Singapore 0105 on
      513 words
    • Advertisement
      Page 23 Advertisements Column 3
      579 23 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF ASA HOLDINGS PTE LTD (In Members' Voluntary Liquidation) At an EXTRAORDINARY GENERAL MEETING of the members of ASA HOLDINGS PTE LTD. held at Blk 165 Bukit Merah Central #08-3667 Singapore 0315, on 27th October 1968,
      579 words
    • Advertisement
      Page 23 Advertisements Column 4
      675 23 IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF W KORESKA ASIA/ PACIFIC PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members and a Meeting of the creditors of W Koreska Asia/Pacific Pte Ltd duly convened and held at 9
      675 words
    • Advertisement
      Page 23 Advertisements Column 5
      611 23 In The Matter at' The Companies Act Cap 90 And In the Matter of JOO HONG MARITIME NAVIGATION PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up. At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 11 Ellenborough Street, Singapore 0105, on
      611 words
Page thumbnail Page 24
  • Article, Illustration
    Compaq plans to raise investment by $250 m
    373 24  -  NEW PUNT IN YISHUN MAY ASSEMBLE PCs By JOHN TAN COMPAQ COMPUTER Corporation, which recently earmarked an investment of $150 million to set up a new factory in Singapore, said yesterday that it is likely to pump in a further $100 million.
    373 words
  • Article
    Israel prepared for increased unrest
    213 24 ISRAELI Defence Minister Yitzhak Rabin said on Wednesday that his forces were prepared for increased unrest in the occupied territories to coincide with the forthcoming elections in Jerusalem and in the US as well as a planned congress of Palestinian leaders abroad. Speaking to reporters
    213 words
  • Article
    SBEU says it set no negotiation pre-conditions
    328 24 THE SINGAPORE Bank Employees Union (SBEU) said yesterday that it was puzzled why some of the 20 foreign banks had attached a condition to their withdrawal of applications from the court. On Wednesday, the banks said they would drop their action before the
    328 words
  • Article
    Lock icon China bans new building projects
    104 24 AFP NO NEW capital construction projects, including ventures with foreign partners, will be permitted to start in China "in the next few years", China Daily reported yesterday. The paper said China had cancelled seven joint-venture hotel projects in the southern city of Guangzhou worth U5554.5
    AFP  -  104 words
  • Article
    Call to uphold basic principle of NEP beyond 1990
    483 24  -  By DAVID CHEW In Kuala Lumpur THE BASIC PRINCIPLE of the New Economic Policy (NEP) must be upheld after 1990 to ensure that Malays continue to receive their fair share of Malaysia's economic cake, Datuk Seri Najib Tun Razak, president of
    483 words
  • Article
    Lock icon Malaysia gets non-permanent seat on UN Security Council
    180 24 Bernama AFP MALAYSIA has been elected as a non-permanent member of the UN Security Council, according to Foreign Minister Datuk Abu Hassan Omar yesterday. "After an absence of 23 years, we shall take our place among the Security Council members in January
    Bernama; AFP  -  180 words
  • Article
    Lock icon Olympics boost Seoul's payments surplus
    162 24 Reuter SOUTH KOREA'S payments surplus hit a new high in September, thanks to booming exports and revenue from the Seoul Olympics. The country's central bank said yesterday that the latest monthly figures also showed a 14 per cent drop in the trade surplus with the
    Reuter  -  162 words
  • Article
    Lock icon Inflation, corruption test party's future'
    231 24 AP THE CHINESE Communist Party's ability to rule will be measured by whether it can significantly reduce inflation next year, party secretary--general Zhao Ziyang said in a speech released yesterday. He also warned that if widespread corruption among party and government officials was not ended,
    AP  -  231 words
  • Article
    Lock icon Musa meets 40 of his friends for tea
    168 24 Bernama FORMER Malaysian Deputy Prime Minister Datuk Musa Hitam yesterday met 40 of his friends in a house at Batu Pahat. He declined to make any statement when approached by reporters, saying only that they had met for tea. Datuk Musa was
    Bernama  -  168 words
  • Article
    Lock icon MAS to study SIA flight proposal
    107 24 Bernama THE MALAYSIAN government has directed Malaysia Airlines (MAS) to carry out a study on a proposal to allow Singapore Airlines (SIA) to fly to Sarawak and Sabah. Malaysian Acting Transport Minister Datuk Chan Siang Sun said yesterday that MAS would hand over its
    Bernama  -  107 words
  • Article
    Lock icon Comex silver
    83 24 Reuter COMEX silver recovered from lows on short covering in New York yesterday after spiking to weekly lows on selling by traders frustrated at the market's inability to rally. In early dealings. December silver dropped 5.3 cents to U556,225 an ounce on stop-loss selling at Monday's low of
    Reuter  -  83 words
  • LATE FILE
    • Article
      Lock icon Thai budget passed
      49 24 AFP THAILAND'S budget for fiscal 1989 sailed through its first reading in Parliament yesterday after a 16-hour debate. Parliamentary officials in Bangkok said the 285.5-bil-lion baht (U5511.42 bilfion) budget for the year, which began on Oct 1. passed with a vote of 209 to 73. AFP
      AFP  -  49 words
    • Article
      Lock icon Miyazawa's side of the account
      84 24 AP JAPAN'S Finance Minister Kiichi Miyazawa told Parliament yesterday that the sale of shares purchased in his name in a company at the centre of an insider trading scandal yielded hefty profits, but reiterated he had no knowledge of the transaction. Mr Miyazawa. the first
      AP  -  84 words
    • Article
      Lock icon Soviets face huge budget deficit
      67 24 AFP THE Soviet Union will post a huge budget deficit of 36 billion rubles (US$57 billion) next year. Finance Minister Boris Gostev told Parliament in Moscow yesterday that "the financial situation of the Soviet Union is strained". The deficit will account tor 7 per cent
      AFP  -  67 words
    • Article
      Lock icon Plea by KL manufacturers
      46 24 Bernama THE Federation of Malaysian Manufacturers (FMM) said yesterday the criteria and procedures in implementing the incentives for small and medium industries proposed under the 1969 budget should be "clear cut fair and simple" to benefit as many such industries as possible.
      Bernama  -  46 words
    • Article
      Lock icon Aquino rules out second term
      58 24 Reuter PRESIDENT Corazon Aquino yesterday ruled out standing for re-election and said reforming the Philippines was a slow process. "No, I am not," Mrs Aqumo said when asked if she was thinking of running for office again when her term ends in 1992. "This is
      Reuter  -  58 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      335 24 In search of the Holy Grail MEDUGORJE. You may not be able to spell it, much less pronounce it, but a lot of Singaporeans are heading for this little village in Yugoslavia in search of solace, tranquility and self-rediscovery. Ever since six Yugoslav children witnessed the Virgin Mary's apparition seven
      335 words
    • Advertisement
      Page 24 Advertisements Column 2
      163 24 The gold report was not available at preee-tlme. DQUpHIN OFFICE SEATING s -\ry~ :.V jr us l. v- r-. M 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
      163 words
    • Advertisement
      Page 24 Advertisements Column 3
      3 24 8M Page S
      3 words
Page thumbnail Page 25
  • SHIPPING TIMES
    • Article
      Bright outlook for shipping industry
      665 25  -  By JUNE LIM STRONG TRADE growth over the next few years would ensure the relative prosperity of the shipping industry, said Mr Elliot Schrier, president of Manalytics Inc. The San Francisco-based consultancy, in co-operation with Wharfton Econometric Forecasting Associates, projected that world trade would grow
      665 words
    • Article
      Hapag-Lloyd plans to buy five new container ships
      267 25 HAPAG-LLOYD is to invest more than DM6OO million (US$33l million) in five new container ships and a long haul aircraft. Tenders are to be prepared for the 4,100-TEU container ships which will replace the Bremen Express, Frankfurt Express, Hamburg Express, Hongkong Express
      267 words
    • PORTSIDES
      • Article
        Lock icon New terminal at Ravenna port
        110 25 AFP SOVIET authorities and the Ferruzzi group are to set up a joint venture to build a terminal in the port of Ravenna, the Italian group said. The deal, negotiated between the Fermar subsidiary of Ferruzzi and the Soviet merchant shipping ministry, is a first
        AFP  -  110 words
      • Article
        Lock icon Aker may sell stake in Kosmos
        108 25 Reuter OFFSHORE engineering and construction group Aker A/S said it was having talks with Norwegian shipping firm Skaugengruppen on a possible sale of its 20.9 per cent stake in shipowners Kosmos A/S. Aker said a decision would be made within a few days. The
        Reuter  -  108 words
      • Article
        Lock icon Cyprus ship hits jetty at Lagos
        49 25 Reuter THE CYPRUS refrigerated vessel Frost Castor struck a jetty while berthing at Lagos on Oct 22, Lloyds Shipping Intelligence Service reported. The 4,130 tonnes dw vessel was holed above the waterline in the forepeak and upper deck on the starboard side Reuter
        Reuter  -  49 words
      • Article
        China gets ADB technical aid grant
        47 25 THE ASIAN Development Bank has agreed to provide a technical assistance grant to China for an industry energy conservation programme. The technical assistance of US$B3O,OOO will be financed from the Japan Special Fund and co-financed by the United Nations Development Programme
        47 words
    • Article, Illustration
      Lock icon Adige's captain given more time to prepare defence
      363 26 AP THE CAPTAIN of an Italian freighter involved in a collision with a Greek cruise ship was granted a six-day delay on Wednesday to prepare his defence for an investigating magistrate s hearing. The hearing was set for next Tuesday. Two Greek
      AP  -  363 words
    • Article
      INDEX TO ADVERTISERS
      992 26 AB SKpg V ABSS SKpg XI ABC C on to mer IX Accord SKpg VI Adr,ch SKpg VN Ahf«nk»#l liner X AlHroAt VN AC Toepler XI Americon Tpt X Anro S«fvic« IV Arrow IrttM IX Ano»i Oceon XI Assoc Cornoge XI ANl 1 AfC l.ne V API
      992 words
    • Article
      Lock icon Iraq will reopen port if talks break down
      360 26 AP IRAQ'S UN ambassador said that if the Iranian-Iraqi peace talks break down over the Shatt-al-Arab waterway dividing their countries, Iraq will reopen a new deep-water port just west of the Shatt. The deep-water port at Khor Zouber, said Ismat Kittani, was
      AP  -  360 words
    • Article
      Lock icon Japanese tanker lifts oil at Kharg berth after four years
      181 26 Reuter FOR the first time in more than four years a* Japanese-flag tanker is loading crude at Iran's* Kharg Island terminal, shipping sources said. The 232,679-dwt Hikari Orient, managed by Sankol Steamship Co Ltd and chartered by Showa Shell,' Shekiyu,
      Reuter  -  181 words
    • Article
      Lock icon Sea-Land expects to achieve US$2.3b turnover
      253 27 Seatrade Week SEA-LAND Services expects to achieve a US$2.3 billion turnover next year, chairman Alex Mandl said. This would be a substantial jump from 1987's US$lB billion and would be some indicator of the revolution the company has been undergoing since it was bought
      Seatrade Week  -  253 words
    • Article
      Lock icon Lloyd's lists ships grounded by Ruby
      212 27 Reuter A LAID-UP Philippine bulk carrier, the Dona Corazon 11, 28,757 tonnes dw, was grounded in Manila harbour by Typhoon Ruby. Lloyds Shipping Intelligence reported Another ship, the OK Uno was grounded at Pier 18 at Manila harbour. This vessel was unidentified at Lloyd
      Reuter  -  212 words
    • Article
      Lock icon Shell rejects ships found to be sub-standard
      328 27 Fairplay EIGHTY-FIVE per cent of tankers inspected by Shell Seatex last year did not meet convention standards. Thirty per cent were totally rejected for employment or purchase. The remaining 55 per cent were accepted after some defects had been rectified. Extrapolated to a
      Fairplay  -  328 words
    • Article
      Lock icon Philippines rejects Soviet request
      274 27 AP THE Philippine government is rejecting a Soviet request for access to a shiprepair facility next to Subic Bay Naval Base because of US fears the Soviets would use it to spy on the American facility, an official said. "Our policy is not to allow" the
      AP  -  274 words
    • Article
      CONSORTIA
      163 27 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 Lines
      163 words
    • Article
      Lock icon US-China talks may result in major benefits for US carriers
      303 27 AFP RECENT maritime talks between the United States and China are expected to result in major benefits for American flag carriers operating in the US-China trade market, US Secretary of Transportation Jim Burnley said. "These talks produced very positive results."
      AFP  -  303 words
    • Article
      LONDON FREIGHTS
      1161 32 THE SLIGHTLY higher level of US$23 was reported paid on Wednesday for a Panamax grain carrier with late-Novem-ber/early December loading from the US Gulf to Japan with combination discharge ports, shipbrokers said. Grain from the Gulf to China received $24 50 while a vessel was arranged for oilseeds
      1,161 words
    • Article
      SHIPPING LIST where your ships are due... and when
      6511 32 AARHUS Sha He, China Ocean. Oct 27 Anna Maersk Maersk Line. Oct 29 London Express. Tnot. Oct 29(PK). Ever Grade. Evergreen. Oct 29 Ming Prominence Yang Ming. Oct 30 Ville de Jupiter, CM D'Atrettement. Nov 1 B Permai. ScanOutcht. Oct 31
      6,511 words
    • Article
      SHIPS IN PORT
      1414 32 AT CONVENTIONAL WHARVES Istona VI i» olongside 26 *****0 Kamotori J8 olongside 28 10/2300 > Berth Arrival Departure Pernos Suosa Subur Jll il alongside olongside 28 104)600 26 10/2300 KEPPEL WHARVES K22 Union Oceon Bud' Indoh a M olongside 28 104)600 26 104)600 29 10/2300 Builder M
      1,414 words
    • Article
      BUNKER MARKET REPORT
      890 34 THIS FORTNIGHTLY REPORT, j compiled by Cockett Marine Oil Ltd, shows price ranges in US {dollars, instead of single prices for more comprehensive de- scription of the market. Prices j Shown are based on average 1 sized stem. Market movements are inj dicated. The Cockett Bunker I
      890 words
    • Article
      BUNKER QUALITY MARKET REPORT
      127 34 Area/Port Viscosity Density Water CST at 50C G/ML at 15C Volume 0/0 Africa/Red Sea Jeddah 141/175 0.951/0.957 0.0/2.2 Durban 130/170 0.987/0.993 0.0/0.4 Arabian Gulf Ras Tanura 148/162 0.948/0.951 0.0/0.4 Bahrain 183/192 0.981/0.982 0.1/0.1 Europe Rotterdam 26/518 0.953/1.010 0.0/3.8 Hamburg 29/347 0.936/0.987 0.0/0.6 Le Havre 150/319 0.960/0.979
      127 words
    • Article
      Lock icon New bulk ship venture to raise funds on US stock exchange
      390 36 Lloyd's List A NEW bulk shipping venture involving some of the industry's leading names has been set up to raise funds on the American Stock Exchange and operate a fleet of around 10 vessels. Global Ocean Carriers, which has
      Lloyd's List  -  390 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      650 25 TIMES STP Distributors OOCL WW jAftOINE SHIPPING ASENCKI 200 Camoninant Road. #12-05 Sovtnpomt. Smgtpori 0206 TaL *****11 T«laxßS24l79 FactinM* *****09 TERMWALCFS Til *****11. *****19. *****20 fOfl CUSTOMER SERVICE INQUIRIES ANO BOOKINGS Ttt *****30/5 PESAXA JAAOtNE SHIPPING AGENCIES SON IHO PORT KELANG Tat *****18 TMr MA *****W ***** Dedicated to Oua
      650 words
    • Advertisement
      Page 25 Advertisements Column 2
      108 25 Future trends In shipping Industry, Pag* XII mm THE CAPTAIN of an Italian freighter involved in a collision with a Greek cruise ship was granted a six-day delay on Wednesday to prepare his defence for an investigating magistrate's hearing. Page II SEA-LAND Services expects to achieve a US$2.3 billion turnover
      108 words
    • Advertisement
      Page 25 Advertisements Column 3
      505 25 TIMES STP Distributors Ttm»% Rubhahmg Group MAERSK LINE CONTAINERISED, COMPUTERISED Tnn M RO "ERDAM Closing Time CY 2/11 2300 MRS CFS 2/11 1300 HRS To Europe UK Scandinavia Finland EaisacaicaEa M Monao I Sa.ied M I 3/11 M Mondo j 10/11 M Monde 17/11 M Mondo I >24/11 M Monde
      505 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      467 26 Ml Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT LONDON EXPRESS LA SEINE BENALDER KURAMA MARU BENAVON CONTAINER SERVICE FROM UK/CONTINENT R DAM/ ANTWERP LE HAVRE AMPTON P KELANG S PORE HONGKONG HSIUNG VOY NO HAMBURG BENAVON OSAKA BAY KAGA TOLAGA BAY HONG KONG EXPRESS CONV/SEMI-CONTAINER SERVICE TO MED EUROPE JBREMERHAMBURG HAVEN Agents:
      467 words
    • Advertisement
      Page 26 Advertisements Column 2
      17 26 Lmes and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      17 words
    • Advertisement
      Page 26 Advertisements Column 3
      391 26 I'll POLISH OCEAN LINES Agents Optorg Shipping Pte Ltd Singapore Tel 2273 744 P He.aag 3M70C1 2 3 Teiei RS ***** Petaling Ja»a *****93 *****03 fai Penang 62E45 EACON SERVICE (FULLY CONTAINERISED SERVICE) FROM EUROPE CANARY ISLANDS GDYNIA VESSEL P MIER2EJEWSKI?S A MICKIEWICZ.2B GEN FR KLEEBERG22 VESSEL SINGAPORE 0 6ROTEWOHL
      391 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      747 27 w M P&O Containers CONTAINER SERVICE TO UK/COWTINENTT) CONTAINERSHIP SERVICES TO;FROM BANGKOK SPO« MW PtCASUS M»OC«SS VS4SN »30 Oct PI CASUS PIONIER VOW* 02« Nov 0107 Ho* BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI Also Accepting Cargo For: Kmfturi Is Copwtfufwv Ajrhys. GotMnburi o>lino.
      747 words
    • Advertisement
      Page 27 Advertisements Column 2
      778 27 S7 C SAV Cjrrpjn j Slc! Arrrr.cjnj del J pcrcs S A O rjn Ltrr EXPRESS SERVICE TO/from CHI FEEDER Is PO«t IMOTHER VESSEL HK TOKO ARICA IQQ ANTOf VALP SAI VESSEL CSAV 1 Wll DELAWARE GLORY 14/11 M/ll 1/1 12/1 V.MIEB CSAV 2 1201 CAR CARRIER 2 22/11 24,12
      778 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      565 28 HISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES SERVICE IRAN ELM AN PJL 659 Singapore Loading for IN PORT BANDAR ABBAS El KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA HIBISCUS V 33 KYOWA VIOLET V 22 HK LOAD FOR 3/U VILA. NMA. LTK. SUVA. PACO. APIA 2/12
      565 words
    • Advertisement
      Page 28 Advertisements Column 2
      779 28 KS >«Mi tm I. LINE IHVtml CMPMA TIOO FULLY CONTAI NERISED SERVICE TO EUROPE VIA SUEZ Member ot the Ace Consortium ACE CONCORD 17W 4/11 ORIENTAL CHIEF 42W 9*ll TRANSWORLD BRIDGE 4SW 13/11 NEPTUNE CRYSTAL 4M» 23/11 CHINA CONTAINER 4M 29.11 HONGKONG CONTAINER SNf «B [FROM [JROPE VIA SUEZ J
      779 words
    • Advertisement
      Page 28 Advertisements Column 3
      252 28 FREIGHT LINKS EXPRESS PTE LTD DIRECT FCL LCL SERVICE TO JAKARTA ETA 4/11 11/11 AFGHANISTAN NEW SERVICE KABUL/HAIR ATAN/TORGHUNDI 4/11 AUSTRALIA/ NEW ZEALAND PORTO, LISBON, ORAN, BILBAO 31/10 MADRID. MALAGA. MELILLA, TANGER, TENERIFE, LASPALMAS. ALGIER TUNIS. VALLETTA, IRUN, CEUTA A ISTANBUL FAR EAST PORT KELANG PENANG BANGKOK HONG KONG KOBE
      252 words
    • Advertisement
      Page 28 Advertisements Column 4
      1336 28 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SOP HKG KSC KLC PUS OS* TYO CMS BAL NYC mil GENTLE 31/11 Ml tin 4/11 EVER GENTRY I*ll 1401 1501 17/11 I*ll 2401 2701 MJ EVE* GATHER I*ll 2201 2JOI 2501 2701 2/12 5 W EVER CDVERN 2501 2*ll 3*ll 2/12
      1,336 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      867 29 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURABAYA/SEMARANG CONTAINER SERVICE SIN SBY SMG SIN SM Sid SM 29/10 30/10 2/11 4/11 7/11 S/11 10/11 14/11 •/It 0/11 11/11 14/11 13/11 10/11 IS/11 21/11 SIN 20/10 3/11 5/11
      867 words
    • Advertisement
      Page 29 Advertisements Column 2
      555 29 irm BEN LINE VIZk CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT B HAVEN ROAM a/11 a/u Mil 24.11 7*ll *12 u/u IVI2 mu 22/12 mu 2*12 a:11 Ml am vu in; I*l2 mu BIU mu mu HAVtt a/n 27/11 mu »u m 11/12 17/12 22/12 2*12 mu w EXPRESS CONTAINER SERVICE
      555 words
    • Advertisement
      Page 29 Advertisements Column 3
      491 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSL/VOY MATARAM/22W8 L.J BONTANG/16WB SRIWIJAYA/25W8 ANTWERP H'BURG/ ROAM/ADAM BREMEN 15/12 20/12 M/l 21/1 23/1 26/1 Subject to Inducement Also accepting cargo to CaaaManca, Port SaM,
      491 words
    • Advertisement
      Page 29 Advertisements Column 4
      396 29 BOUSTEAD SHIPPING AGENCIES MERGUI Vtm (K7l) HTONEYWA V73M PAGAN VI32W MYOMA TWA VIUW PA AN VI29H BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) lnPt/30 Oct 21/27 Oct Loading for Rangoon P.Kelang Penang Bangkok 21/30 Oct 31 Oct/2 Nov lli Dm 2* BANK UNE SEMI-CONTAINER 1 111 M uimi uui
      396 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      994 30 Q K LINI KAWASAKI KISEN KAISHA, LTD. FEEDER VESSEL RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORIENTAL FAITH N. AMERICA-ATLANTIC COAST N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL MACKINAC BRIDGE BROOKLYN BRIDGE GEORGE W BRIDGE MANHATTAN BRIDGE ■export N. AMERICA PACIFIC NORTH-WEST •INDO 30/10 6/11 13/11 20/11 •P* PNG 31/10 7/11 14/11
      994 words
    • Advertisement
      Page 30 Advertisements Column 2
      747 30 •ja if 9/x AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Keianj Penang Loading tor Mother Ysl By Feeder By Feeder KALIDAS V 39 3 Oct Frem Matt Sydn Add TULSIOAS V3B 19 No. 12 Nov 12 No, Frem MeR) Sydn Adel KALIDAS V« 23 Ok 16 Dec 16
      747 words
    • Advertisement
      Page 30 Advertisements Column 3
      583 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD Tele* Aver Street SINCAPME 01M TEL SMMI (10 LINES) Fai U43U4 S'pore P K elans Penanc In Pan STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST Cotombo Karachi Duba.' Damman GOLDEN WONDER Colombo KafadM Oubai CHINA SERVICE A VESSEL Huangpti Sliangtiai CHINA OCEAN SHIPPING CO., PEKING
      583 words
    • Advertisement
      Page 30 Advertisements Column 4
      479 30 PHIU Oni€NT LIN€S PT€ LTD HEAD OFFICE 63 ROIINSON ROAD >07 1? AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PHILI FA* *****76 Ml DOLE EAST/FAR EAST Fft ft LCI SERVKI ETA SINGAPORE DESTINATION DUBAI. DAMMAN KUWAIT. DONA. MUSCAT. BAHRAIN ABU DHABI I SHARJAH 31/10. 4/11 0/11 CUB KHI BBY.
      479 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      752 31 NEPTUNE ORIENT LINES LTD J Bahru NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA General Enquiries Tel: 2789*77 Terminal CFS BOOKINGS *****53 2/***** *****22 *****5J *****19 *****11 NEPLINE SDN BHD *****87 .JjJ!" NEPLINE SON BHD *****13 ENQS S NEPLINE SDN BHD *****5/*****0/*****1 *27(42 NEPLINE SDN BHD Z3MMO/23SM1 A CONCORD 17* Y
      752 words
    • Advertisement
      Page 31 Advertisements Column 2
      532 31 9f HEUHG-A SHIPPIHI Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, KEELUNG, BUSAN, INCHON STRAITS/KOREA SERVICE 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUN 10 DAYS SERVICE SERVICE!! Vessels Nunc ETD BS S PO«E PKLC ME BUSAN MO JI •DRAGNET 80?N 15/10 IN PORT 30 31/10 12-15/11 17/11 ♦NO 9
      532 words
    • Advertisement
      Page 31 Advertisements Column 3
      861 31 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 ***** PENANG P. KELANC m MANOt MI SYSTEM CO SOU BHD mkib cuhkMT s Siii c l,O 14
      861 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      297 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines! FAX *****39/*****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAO r DSR-LIMES i VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA LARNACA ACCEPTING CARGO FOR LIMASSOL
      297 words
    • Advertisement
      Page 32 Advertisements Column 2
      22 32 T.S.K. line: WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL ral COMPAGNIE MAIGACHE DE NAVIGATION (Madagascar National Shipping Lina) SPECIALISED HEAVY LIFTERS AVAILABLE
      22 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      2101 33 sM>FARGO shipping W Tel:884 01S2 -f REGULAR EXCESS FCL LCL SERVICE DESTINATION BANGKOK PORT KELANG. PENANG (FCL) HONG KONG KEELUNG. KAOHSIUNG MANILA JAKARTA (FCL) TOKYO, KOBE. BUSAN (FCL) KARACHI, BOMBAY. COLOMBO (FCL) ETA SINGAPORE iARU BHUM UN PtYA BHUM V.IJ THANA BHUM V.OJ BUNGA BUTANG 492 KITI BHUM 224f 31/20.
      2,101 words
    • Advertisement
      Page 33 Advertisements Column 2
      324 33 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV SINDBAD EAST BOUND SERVICE ETA S PORE LOADING FOR 2S/10 Japan THROUGH B/L» to BAGMOAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO
      324 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      533 34 FINE-LINER SHIPPING PTE LTD /O Shenton Way. 04 02C Mjrma House. S pore 0207 TEL *****77 (8 Lines) TLX RS 2?MI FLINER FAX *****56 EUROPE SERVICE (FCL LCL) 21/11 mi FAR EAST SERVICE (FCL LCL) 2/11 '11 I HI 111/11 113/11 114/11 7/11 wii M/ii I U.ll lam 21/u MIDDLE
      533 words
    • Advertisement
      Page 34 Advertisements Column 2
      770 34 ZIM FULL CONTAINER SERVICE Kcapting FCL/LCL urpn to USA E*st t Wett Coji Carribbean.Eut Canada. HAITI. Cost* Rica, El SjlvkJot Gujttmal* Hondura Venezuela. Paru. Ecuador. CoJomfci via Miami. Trinidad. Barbados Antima S Lucia. Montscrrat. Guayana via Kinfiton H.'1.11 FITHM 1 .'I'M TT» IM PUSAN IM HAIFA IM TOKYO IM TOKYO
      770 words
    • Advertisement
      Page 34 Advertisements Column 3
      340 34 Everett Lines TTTV w. rlm r DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang* Singapore THOMASEVERETT W No* HUGHEVERETT lt/17 Nov HANOLOEVERETT 10/11 Dec ORIENT UNE" JAPAN/BAY
      340 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      476 35 Seabtfdgfe INTERCONTINENTAL LINES K. SMI R NOV A. NETO Vl4-88W EZEZ2I DESTINATIONS 8/11/88 I TEHRAN. OJULFA 1 BAGHDAD IVU/M I TORGHUNOI, HAIRATAN. KABUL. A. NETO VlB-88W 8/11/88 BULGARIA. AUSTRIA. YUGO. CZECH. E. BERLIN I ALL INLAND PORTS 15/11/ M HUNGARY. POLAND. ROMANIA. ISTANBUL SEABRIDSE EUROPE 8 SCANBINAHIAN SERVICES WEEKLY FCL/LCL
      476 words
    • Advertisement
      Page 35 Advertisements Column 2
      278 35 Consolidation Service PAPUA NEW GUINEA SIN: 7/11 PT MORESBY/LAE PACIFIC ISLANDS SIN: 28/10 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLAND 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 Pte Ltd Tel: *****55 tlx rs ***** JAVELIN SHIPPING PTE LTD TEL: *****55/*****56 SAMUDERA INDONESIA LINE
      278 words
    • Advertisement
      Page 35 Advertisements Column 3
      527 35 TEL: *****11 FAX: *****47 TELEX: RS ***** SKHST LCL/FCL SERVICE JENWEL V 88N 2/11 JAKARTA JENHOL V 88N 30/10 JAKARTA DESTINATION ETA S PORE BANGKOK 1/11, 6/11 PORT KELANG 29/10, 2/11 HONG KONG. CHINA PORTS 28/10. 4/11 KEELUNG. KAOHSIUNG 2/11. 7/11 MANILA 31/10. 6/11 BUSAN 3/11. 15/11 KOBE, TOKYO 2/11.
      527 words
    • Advertisement
      Page 35 Advertisements Column 4
      541 35 GLORY NAVIGATION GROUP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* GLORY SELATAN IX VOY 71 f/10 7/10 GLORY SELATAN VIII 27 Oct 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN. TO SINGAPORE
      541 words
    • Advertisement
      Page 35 Advertisements Column 5
      314 35 PTC CONTAINER LINES FCL'LCL SERVICE '"C CjIKXJP SIN FA* EAST 2/11 KEELUNG/KAOHSIUNG 30/10 BANGKOK 29/10 MANILA 28/10 JAKARTA 1/11 PORT KELANG/PENANG 3/11 BUSAN 2/11 TOKYO/YOKO/KOBE 28/10 HONG KONG also accepting cargo to Hua ngpu/Shenzhen F uztiou Xiamen/ Xingang/Shanghai UN EUHOPE/UK 31/10 RDM/HAM/ANT/LE HAVRE/GENOA 31/10 LDN/FLX/LVP/SOU 30/10 L.A./NYC/SFO 2/11 VANCOUVER/TORONTO/MONTREAL Tin
      314 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      426 36 Hai Sun Hup Co (Pte) Ltd v T"EL *****06 (20 Lines, TLX HS ***** RS ***** ft. I \s I I K\ C \K I IM R. I I I). STRAITS/ JAPAN/ STRAITS SERVICE IPECIALIST IN RO-R0 HEAVY LIFT! Senboku 30/11 Funabashi 19/12 •For Discharging Only NOTE: ALSO CALLING OTHER
      426 words
    • Advertisement
      Page 36 Advertisements Column 2
      303 36 To COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMKOWTAiCR SERVICE TO NORTHBOUND TO UKC CLYDEBANK V24N TAMAITAI SAMOA VI4N FORTHBANK V23N ROM/A DAM HBG HULL (U.K.) 11/12 22/12 25/12 5/1 ifl 13/1 25/1 25/1 1/2 •Alio Acccptinf FCI to Ant»»ff/Bf»n«n/F»<i««toi»«/South»n*o«VB«M»it/Go«h»itour| (ASIA-SOUTH PACIFIC JOINT SERVIC TAYBANK V4S COLUMBUS
      303 words
    • Advertisement
      Page 36 Advertisements Column 3
      245 36 tata P.T. MASKAPAI PELAYARAN WPULAU 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 SINGAPORE INDONESIA SERVICE VSL VOY PUL ADIL
      245 words
    • Advertisement
      Page 36 Advertisements Column 4
      586 36 uaJUi SCS CALL US AT: P. KELANG PENANG J. BAHRU 4 P GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 '*****8 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE REGULAR FAR EAST/MEDITERRANEAN CONTAINER SERVICE TO MEDITERRANEAN FEEDER FROM MEDITERRANEAN VSt SO HELVETIA 4U B BUTANC 491 OTHER DESTINATIONS:
      586 words