The Business Times, 15 November 1988

Microfilm: NL16275
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, NOVEMBER 15, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    261 1 AP Dow Jones up WALL STREET stocks were higher early yesterday, with blue chips leading the way after a steep loss on Friday. S G Warburg said many investors were awaiting the US trade data tomorrow. A gain in the dollar yesterday helped stocks. The Dow was
    AP  -  261 words
  • Article
    Greenback falls to new low against S'pore dollar
    248 1 COMMERCIAL selling of US dollars yesterday sent the greenback plunging to a new low of $1.9510 against the Singapore dollar, down 1% cents from last Friday's close of 551.9665. But Bank of Japan intervention in Tokyo and dollar-support-ive comments by Japanese officials
    248 words
  • Article, Illustration
    Tokyo bucks trend set by Wall Street's plunge
    209 1 THE TOKYO stock market continued to trade higher despite a 47-point plunge in Wall Street last Friday which adversely affected sentiment in Singapore and other regional stock markets yesterday. Brokers said the plunge on Wall Street sparked off stop-loss selling on the
    209 words
  • Article
    Lock icon US senator suggests bigger Asean security role in Pacific
    250 1 Reuter, UPI AMERICAN SENATOR Robert Dole suggested yesterday that members of Asean could contribute to the regional security provided by big US bases in the Philippines. Mr Dole said in Manila: "Maybe some of the Asean countries may want to look
    Reuter,; UPI  -  250 words
  • Article
    Seoul as Asean dialogue partner: formal airing of proposal today
    537 1  -  By JOHN THOMAS THE ASEAN Standing Committee begins a meeting in Brunei today at which a proposal for the group to have a special relationship with South Korea will get its first formal airing. The three-day session in Bandar Seri
    537 words
  • Article
    India plans engineering service centre
    441 1  -  By WILLIAM CHIA THE INDIAN GOVERNMENT is planning to set up a distribution, warehousing and service centre in Singapore to provide sales and service support for its engineering products in the region. This was disclosed by the Indian Minister of State for Commerce, Mr Priya
    441 words
  • Article, Illustration
    S'pore to have $180m traders' paradise
    521 1  -  World's first international mart to be ready in '91 By JOHN TAN THE WORLD'S first one-stop international warehousing, distribution and display centre is to be built in Singapore in a $180million joint venture between recently-formed TOB Holdings and three major Japanese companies. The International
    521 words
  • Article
    Property tax rebate extended for another six months
    329 1  -  By ANNA TEO THE PROPERTY TAX rebate of 50 per cent has been extended for another six months to June 1989. the Ministry of Finance s Revenue Division announced yesterday. The news should come as a relief to hoteliers and businessmen who
    329 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      193 1 Nikon The World's Finest Photographic System. Do Your Clubs Fit Your Game? Estimates show that the majority of amateur golfers play with equipment that do not fit their game. Every player has his or her own individual "playing frequency" which is related to his physical characteristics, the way he swings,
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      Page 1 Advertisements Column 2
      284 1 Full report, PAGE 18 Regional mkts, PAGE 20 A Special Supplement TELEPHONES. The choice is no longer between the black one or the green one. It's between auto-redial and call-waiting. Then there are the PBXs, ISDNs, optical networks and voice messaging systems. Navigate the myriad variety of telephones and prices
      284 words
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      Page 1 Advertisements Column 3
      172 1 Nikon The World's Finest Photographic System. "I was so impressed by Singapore, I bought it." With as little as $1,000 you can now buy a piece of security. Because by investing in Singapore Government Securities, in the form of 1,000 notes or bonds, you're not only assured of a fixed
      172 words
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  • HOME NEWS
    • Article
      Airports a-humming
      497 2  -  Strong growth in number of flights, passengers By TONG SUIT CHEE SINGAPORE AIRPORTS are likely to chalk up record figures by the end of this year, judging by the strong growth in the number of flights and passengers and tonnes of cargo carried at Changi and Seletar airports
      497 words
    • Article
      Aeroleasing picks Singapore
      350 2 ONE OF the world's leaders in private air charters has chosen Singapore to launch its Asian operations. Mylene Khaski. ALG Aeroleasing SA's regional manager for the Far East, said: "Singapore was selected to launch the Asian operations because of its liberal policy of open skies, its knowledge
      350 words
    • Article
      To the success of the Chest
      111 2 CORPORATE involvement and the spirit of voluntarism are vital factors for the success of the Community Chest, said BrigadierGeneral (Res) George Yeo yesterday. Speaking at Rank Xerox's dinner celebration of 50 years of xerography, the Minister of State for Finance and Foreign Affairs said
      111 words
    • Article, Illustration
      Warning: do not take unpaid goods beyond this point
      429 3  -  By SUZANNE SOH TWO ELECTRONIC surveillance systems are being tried out at two major Times The Bookshop outlets to deter shoplifters who tend to "work extra hard" during the Christmas season. A Times spokesman told BT a "magnetic sensor" system is
      429 words
    • Article
      Honeywell plans strategies for automation market
      355 3  -  By QUAK HIANG WHAI HONEYWELL'S key global corporate executives met in Singapore recently to explore strategies which could help the US multinational dominate the international market for software used to automate industrial plants. A US-based Honeywell vice-president, Edward Hurd, told BT that the worldwide
      355 words
    • Article, Illustration
      Netherlands navy ships paying a visit
      300 3 TWO SHIPS from the Royal Netherlands Navy, the combat support ship HNLMS Zuiderkruis and the standard frigate HNLMS Kortenae, will be in Singapore from Thursday for a four-day visit The two vessels are part of the Netherlands Task Group 429.4 which is on a
      300 words
    • Article
      CA for daily-rated PUB staff
      102 3 DAILY-RATED employees of the Public Utilities Board (PUB) will enjoy an extra day of annual leave under a collective agreement signed between the board and the union yesterday The agreement, which took effect from Nov 1 and is valid for three years, also rais/es the
      102 words
    • Article
      IBM to test sample components at Sisir lab
      375 3 COMPUTER GIANT IBM is likely to save some $24 million next year by having all its suppliers' sample components tested locally by the Singapore Institute of Standards and Industrial Research (Sisir). IBM's parts purchasing office in Singapore for the Asean region used
      375 words
    • Article
      Hygienic hawkers
      109 3 SINGAPORE'S hawkers are a hygienic lot, going by the Environment Ministry's experience with its points demerit scheme introduced a year ago. Only six of the 18.345 hawkers have had to be disciplined since the scheme was introduced, the ministry reported yesterday. The six each had their licenses suspended
      109 words
    • Article
      Home show comes to grief in Vancouver
      535 3  -  By PAUL GOPAL A HOME SHOW exhibition in Canada's British Columbia capital of Vancouver organised last month by Melvyn Tan, described as a former promoter in Singapore, has proved a big flop. A prominent news story in the Vancouver Sun said the failed
      535 words
    • Article
      Garment makers out to woo Japanese
      311 3 NINE SINGAPORE producers of a wide range of clothes are in Osaka to sell the Republic's home-sewn apparel. They hope to better Singapore participants' record at last year's ATF International Total Fashion Exhibition, when more than $1.2 million confirmed orders were clinched on the
      311 words
    • Article
      OCBC launches new benefits for holders of its credit cards
      308 3 OVERSEA-Chines® Banking Corporation is fighting back to protect its market share in the credit card war it is introducing a host of benefits for its cardmembers. including some benefits exclusive to its customers. The bank announced yesterday that it is
      308 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      262 2 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
      262 words
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      Page 2 Advertisements Column 2
      91 2 J LW Investments m 1 3 I i 1 FOR SALE ON ENBLOC A newly refurbished 16-storey office building Superbly located in the heart of Raffles Place financial centre 35.565 sq ft of strata office space available 999 years leasehold tenure Short walk to Raffles Place MRT station and Golden
      91 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      35 2 wmm m yy/yg New D*M New York Nicovo CWo Pari* Perth Wo 'Janeiro Rom* Son Frh'co San jwan Sontlogo Soo Pouio Seoul Tan rtiti ri I■! JWXJwIQffTI Sydney Taipei Tokyo Toronto Voncower Vienna Wanow Wellington
      35 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      44 3 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! WORLD-WIDE BUSINESS CENTRES (S) PTE LTD 111-04/06 Peninsula Plaza, Tel: *****69 Complete facilities telex, fax, copier, word processing secretarial services, conference room answering service, long short term lease you name it!
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      Page 3 Advertisements Column 2
      188 3 AHOME NOTA HOTEL. There's no place like home. Especially after being away for a few weeks on a business trip.' But now, in Singapore, The Ascott Executive Residences provide a marvellous home away from home. One or two bedroom apartments and penthouses individually designed for the executive or family who
      188 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Fair polls will catapult PPP to power: Benazir
      545 4 Army not expected to call off elections AP Reuter PAKISTANI opposition leader Benazir Bhutto predicted in an interview broadcast on Sunday that her Pakistan People s Party would win tomorrow's general election "if there's a modicum of fairness" in the contest. "It's
      AP; Reuter  -  545 words
    • Article
      Lock icon Australia warns EC on farm subsidies
      188 4 AFP THE EUROPEAN Community (EC) faces a trade war if it does not become more realistic in dealing with the problem of farm subsidies. says Australia's trade negotiations minister. Michael Duffy made his remarks in a radio interview yesterday after chairing a meeting of
      AFP  -  188 words
    • Article, Illustration
      Lock icon Leave Cambodia by June, Hanoi urged
      374 4 AP CHINESE PREMIER Li Peng on Sunday renewed a call for all Vietnamese troops to leave Cambodia by June 1989, six months earlier than planned. "The timetable that will make us most satisfied is for the Vietnamese to withdraw its troops completely by the
      AP  -  374 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1082 4 ARRIVALS Operator Sorvic* Local From numbtr tint* CM 0337 0215 TfC NCA KZ205 0240 NRT JAL JL617 0305 TYO FTl FT075 0315 NYC/DFW/CHI/ ANC/TYO/MNL/ TfC AUC UL455 0325 TYO CAL 0333 0405 TK AM SWAZI CW707 0410 MTS/MKU su SQ691 0650 KHH SET HK601 0700 SEZ SU
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      Page 4 Advertisements Column 1
      339 4 ■S«x is no barrtor, PAGE 13 X s x s* Yj Z 0. A J 4 V. Ta M *s WWM 3* > *♦0 *o r &,A': m f r v it 3 T t e FO-301 1276 88FAX210 High-Level Compact Business Facsimile B4 printing capability Automatic dialling of up
      339 words
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      Page 4 Advertisements Column 2
      65 4 fII/ Yj j/ rTV The business person's choice, every I I II I I 1 I Tuesd °V- Thursday. Soturday'ond f 1 I II I Sunday. Leaving Changi Airport at J_ V J\ \V JL 1 22 05 hours and arriving at Lester B. Pearson International Airport the following dav
      65 words
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  • REST OF THE WORLD
    • Article
      Lock icon Yeutter to return to private sector
      205 5 AFP US TRADE Representative Clayton Yeutter will resign after the December meeting of the General Agreement on Tariffs and Trade (Gatt) in Montreal, The Washington Post reported. Mr Yeutter said he looked forward to returning to the private sector after serving more than three
      AFP  -  205 words
    • Article
      Lock icon Gloomy forecasts for S Africa's economy
      328 5 AFP SOUTH AFRICAN businessmen have been warned that a mini-boom is about to be snuffed out by a sharp spell of economic austerity to counter inflation and the effects of financial and trade sanctions against Pretoria. Gloomy political and economic forecasts dominated several major
      AFP  -  328 words
    • Article
      Lock icon Spain, Portugal join revived Western European Union
      244 5 AP SPAIN AND PORTUGAL yesterday joined the seven-member Western European Union, expanding the revived forum for the first time in 34 years as it meets to fine-tune a European defence strategy. At the bi-annual meeting in London, the European allies will try to
      AP  -  244 words
    • Article
      Lock icon West's East Bloc exports to go up: study
      196 5 AFP WESTERN exports to East European countries will rise by 2.5 per cent this year from last year. This follows declines of 11.5 per cent in 1966 and 5.5 per cent last year, the Vienna Institute for International Economic Comparisons says in
      AFP  -  196 words
    • Article, Illustration
      Lock icon Bush's aides seek to assure jittery world markets
      393 5 Reuter AIOES TO President-elect George Bush have sought to reassure jittery world markets, saying that the federal budget deficit would be the top priority and that the new administration does not favour a lower dollar. As Mr Bush spent the third day
      Reuter  -  393 words
    • Article
      Lock icon US commission on deficit split by internal dissension
      404 5 AP A HIGH-LEVEL commission created to break the seven-year deadlock over the US budget deficit is beset by internal dissension as hopes dim that it will be able to fulfil its mission. Long simmering disputes over tax and spending questions have broken
      AP  -  404 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      95 5 4* W JLW Industrial iSPM if ffIBJJIWiIP, FOR LEASE New flatted factory strategically located near the junction of Little Road and Upper Paya Lebar Road. 5 floors totalling 41,000 sq ft. Typical floor approximately 8,259 sq ft Each floor with square configuration and wide column to column span for easy
      95 words
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      Page 5 Advertisements Column 2
      180 5 THE CAR TO SILENCE THE COMPETITION. PEUGEOT 405 Acclaimed for innovation, performance technical qualities, comfort, safety, low running cost competitiveness and value for money. EUROPEAN CAR OF THE YEAR 1988 Peugeot 405 464 points Toyota Corolla: 140 points Citroen AX:252 points Daihatsu Charade:s2 points Honda Prelude:234 points Toyota Camry:4o points
      180 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      69 5 Doonesbury üb'rz rrs because PROJECT- OURTUITION /MO AM 89 INCOME 1$ OFF, WW OF 0- 5/ 7 VER*SMUHON* STAN, HOUJtS THIS POSSIBLE? J OUR FRESHMAN CLASS IS THE SMALLEST HIS BEEN IN YEARS. anp we cant fill rr up without LOUJ&RJNG OUR ADMISSION STANDARDS &EN FURTHER. THAN ME ALREADY HAVE'
      69 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Forex markets
      1457 6 Hongkong Bank SINGAPORE: AFTER TOUCHING a 10-month low of 122.50 yen, the US dollar recovered slightly and closed at the day's high except against the Sing dollar. The day's ranges were: 1.7335/1.7447 DM; 1.8165/1.8048 sterling, 122.50/123.50 yen and 1.9520/1.9625 Sing dollar. The closing levels were: 1.7440 DM, 1.8075
      Hongkong Bank  -  1,457 words
    • Article
      Foreign Exchange
      219 6 Interbank rates at 3pm yesterday: BIO OFFER croM parity chango Local dollars to < xve unit of foreign currency: US dollar 1.9525 1.9535 2.8196 -30.75 Sterling pound 3.5301 3.5338 7.3469 -51.95 Auttrallon dollar 1.6454 1.6682 3.4286 -51.43 NZ dollar 1.2574 1.2600 3.4286 -63.33 Canadian dollar 1.5886 1.5920 3.4206
      219 words
    • Article
      Lock icon Chemical Banking to issue preferred stock
      203 6 Reuter CHEMICAL BANKING Corp has filed with the US Securities and Exchange Commission to issue a new class of fixed rate cumulative preferred stock. Under the new capital guidelines, common equity plus perpetual preferred stock plus retained earnings would count as Tier One capital.
      Reuter  -  203 words
    • Article
      Asian dollar market
      198 6 ASIAN DOLLAR deposit rates ended a day of light trading slightly firmer than on Friday. WW# OffW no 7 dor* 8 1/2 8 3/8 1 met *> 8 9/16 8 7/16 2 mot 4M 9 1/16 8 15/16 3 mot *n 9 1/16 8 15/16 6 mot
      198 words
    • Article
      Lock icon Simex
      461 6 BA Futures March Eurodollar opened at the day's low of 91.05 on Simex yesterday. 5 ticks lower than the previous close. Prices tracked the movement of the US dollar and short-covering pushed prices to a high of 91.16 before settling 6 ticks higher at 91.15. Currency futures opened higher
      BA Futures  -  461 words
    • Article
      Lock icon IMM
      262 6 BA Futures March Eurodollar opened at the day's low of 91.05 on Simex yesterday. 5 ticks lower than the previous close. Prices tracked the movement of the US dollar and short-covering pushed prices to a high of 91.16 before settling 6 ticks higher at 91.15. Currency futures opened higher
      BA Futures  -  262 words
    • Article
      Options
      1441 6 CURRENCY FUTURES OPTIONS Monday, Nov 14, 1988 DEUTSCHE MARK (SIMEX) Dae M caNs Htati Lam s*a One 88 pmM MM 1 nm, San 57 53 54 55 M 57 58 59 60 61 62 354A 260A 173A 1208 103A 638 S4A 308 26A 350 256 169 99 54 23
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      Page 6 Advertisements Column 1
      215 6 i Wmm '<£i KoH > *Im* W i«* i» i— tk ■■■■Chilli 'r^i!N)i Enjoy vom/- local seafood favourites in airconditioned comfort Amidst our unique courtyard setting and old Singapore atmosphere. Feast on chilli crab, steamed fresh prawn, fried mussel. i crispy baby squid, cuttlefish roll, and lots more Jack's Seafood
      215 words
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      Page 6 Advertisements Column 2
      0 6 =`@\"/<-.$<|{_=`/,<;&(-,**+$./'
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      Page 7 Advertisements Column 1
      239 7 1 i r n .-T *s L- r IBM Authorised Personal Computer Dealers i L We've shipped 3 million PS/2s. And we'd like to include you in our 4th million. So for a limited time, we're giving special discounts and offering generous trade-ins on any IBM PC you have. Here's
      239 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Trade data expected to put dollar to the test
      533 8 Worries over deficits Reuter THE US dollar, which unexpectedly skidded to a 10-month low after the election of market favourite George Bush, could face another test tomorrow with the release of US trade figures for September. The dollar's steep decline, which
      Reuter  -  533 words
    • Article
      Lock icon Japan pledges to check further plunge by US dollar
      245 8 AFP JAPANESE Finance Minister Kiichi Miyazawa and Bank of Japan Governor Satoshi Sumita yesterday pledged to take strong measures to check the dollar's sharp plunge as the US currency plummeted to a 10-month low. Mr Miyazawa said monetary authorities were "closely
      AFP  -  245 words
    • Article
      Lock icon Fuji Bank wins full CME membership
      170 8 Reuter FUJI BANK Ltd has won full individual membership status at the Chicago Mercantile Exchange, according to a company spokesman yesterday. Trading as a member firm enables the company to save on clearing fees. Member firms pay 50 US cents per round turn a
      Reuter  -  170 words
    • Article
      Lock icon US savings and loans bodies in worse shape
      540 8 NYT A NEW STUDY by federal banking regulators has found that losses at America's insolvent savings and loan associations are growing at a rate that exceeds US$l5 billion a year. The study, prepared by the Federal Deposit Insurance Corp, underscores the fact
      NYT  -  540 words
    • Article
      Lock icon Some Westpac units for sale
      100 8 Reuter WESTPAC BANKING Corp plans to offer for sale most of the group's general insurance businesses in the wake of a strategic review. Businesses for sale are the broking and commercial agency activities of Westpac Insurance Services (Brokers) Ltd. the mortgage insurance operations of AGF
      Reuter  -  100 words
    • Article
      Government securities market
      104 8 Treasury bills Period Issue Yesterday's closing Day's code Maturity BIO OFFER HIGH LOW 3 months BQ*****E 09.02.89 3.88 3.83 4.19 3.86 6 months BY*****Z 23.03.89 4.00 3.95 4.14 4.07 1 year BY*****S 20.07.89 4.25 4.20 4.36 4.17 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      104 words
    • Article, Illustration
      World interest rates
      181 8 Indicates the average of the prime lending rates of 12 major banks In S'pore Interbank market rates (offer/bid) on Nov 14 us$ DM SWFC 7 doyt 7/16 5/16 11 13/16— 11/16 4 11/16 9/16 4-37/1 3 13/16 11/16 1 IMH t 9/16 7/16 II 15/16 13/16 4
      181 words
    • Article
      Lock icon Japan to further deregulate financial markets
      168 8 Reuter A JAPANESE government committee has issued a report containing wide-ranging proposals to ease official controls in various areas of business, including further deregulation of the financial markets. The report says banks and securities houses, whose business is now strictly separated by law. should
      Reuter  -  168 words
    • Article
      Lock icon Japan to help Mexico solve its debt problem
      170 8 Reuter JAPANESE Prime Minister Noboru Takeshita said his country will play a part in helping Mexico overcome its debt problem provided it cooperates with the International Monetary a Foreign Ministry official said in Tokyo yesterday. Mr Takeshita made the remark during a
      Reuter  -  170 words
    • Article
      £ futures margins
      73 8 futures margins THE Singapore International Monetary Exchange announced yesterday that it is reducing the initial and maintenance margins for its British pound futures contracts with immediate effect. The initial margin is now US$2,lOO per contract, down from US$3,OOO. Similarly, the maintenance margin is reduced to US$l,7OO per contract from US$2,OOO
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    • Article
      Who or what is a loss adjuster?
      696 8  -  by PAUL FRANKLAND IF YOU have ever had an insurance claim settled, you may have encountered this insurance industry specialist. But for the benefit of those who have never been through this process, I will devote this week's column to a portrait of
      696 words
    • Article
      Lock icon Bolivia seeks debt relief from creditor countries
      628 8 Reuter BOLIVIA will ask members of the Paris Club of developed country creditors this week to reschedule repayments on over US$l billion of debt for 40 years, with 15 years of grace. Bolivian Finance Minister Ramiro Cabezas gave details of the country's requests
      Reuter  -  628 words
    • Article
      Money markets
      61 8 THE OVERNIGHT rate on the Singapore money market closed lower by 2 7/16 points yesterday One-moflth was down 5/16, while two-month was down 14 point. Three-month fell 3/16 point. S$ Interbank rates at the close yesterday: OffEt MO *gN 1/16 0 1 -rnomt 4 7/8 4 3/4 2-manlti
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    • Article
      Lock icon EC central bank idea gains support
      549 8 Reuter BRITISH Prime Minister Margaret Thatcher may not want to live to see it but talk of a European central bank and a common currency will not go away. More and more, political and industrial leaders are saying that the absence of a common
      Reuter  -  549 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      269 8 (99 <3G auditon Effective Communication Workshop on the Communication Model of NLP Effective communication starts with the speaker accepting responsibility for his communication. It is not just what you say hut how you say it that makes the difference. 0® kinesthetic An example of eye movements in communication This workshop,
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      Page 9 Advertisements Column 1
      245 9 merging power in Dynamism of South East Asia towards the 21st century. A seminar commemorating the establishment of Nomura Research Institute (S) Pte Ltd. The Honourable Dr. Richard Hu, Minister of Finance, Singapore, and guest of honour will be delivering the keynote address. Speaking at the seminar will also be
      245 words
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  • COMMODITIES
    • Article
      Lock icon Oil producers' income slashed by 65pc
      510 10 Falling crude prices the cause AFP FALLING crude prices have cut by 65 per cent the real income of developing oil-producing nations between 1985 and 1988, according to a study in Paris. This year alone, these countries' income is expected to be 25 per
      AFP  -  510 words
    • Article
      Lock icon Malaysia urged to join ICCO
      130 10 Bernama THE MALAYSIAN government has been urged to join the International Cocoa Organisation (ICCO) in order to stabilise the price of the commodity. In making this call yesterday, the Malaysian National Smallholders Association president Oatuk Haji Ahmad Arshad said that the government was currently acting
      Bernama  -  130 words
    • Article
      Lock icon Proposal in Zambia to ration maize meal
      286 10 Reuter ZAMBIAN PRESIDENT Kenneth Kuanda has proposed rationing maize meal, the country's staple diet, in urban areas to reduce high government spending on food subsidies. The president's proposal, a sensitive political issue, is likely to please Zambia's Western donors who want to see
      Reuter  -  286 words
    • Article
      Lock icon Jakarta warns foreign goldminers
      116 10 AFP INDONESIA has warned foreign goldminers to fulfill their investment obligations or have their concessions rescinded, the official Antara news agency reported. Only 59 of the 103 mining firms awarded contracts to explore for and mine gold have fulfilled their obligations as stipulated under the agreements.
      AFP  -  116 words
    • Article
      Lock icon Private sector accounts for surge in Taiwan's gold imports
      362 10 Reuter TAIWAN'S gold imports rose to 311.34 tonnes worth U554.55 billion in the first 10 months of this year from 39.96 tonnes valued at US$547 million a year earlier. Physical imports comprised 308.37 tonnes of gold bars and 2.97 tonnes of
      Reuter  -  362 words
    • Article
      Lock icon Crude Oil and Products
      161 10 Source: Telerate FUEL OIL PRICES were still fairly steady in thin Singapore trade yesterday. Sell indications for prompt CST 180 continued to hover around the $68 mt FOB Sing mark while Dec material was estimated at $64-66 mt FOB Sing. Players do not expect prices to
      Source: Telerate  -  161 words
    • Article
      Produce prices
      198 10 Chinese Produce Now drums 173.00 Exchange 2nd hond drums Bulk 167.00 158.00 Sollors' noon doling prk •t on Local in buik 155.00 Nov 14 (SI/100 kg) Copra (M$/100kg) Coconut oil 114.00 124.00 No 1 (ostato) 93.00 ftuft FOB Old drum FOB KIA 0 ItmnliiftUTtl niu (imoiinoKieri/ 88.00 Now
      198 words
    • Article
      KL Tin
      186 10 THE Kuala Lumpur Tin Market cloeed eight cant* higher at M 519.67 a kg yeetarday, axtandlng Friday's galna on follow-through demand from overseas. Continued European, Japaneee and local buying was mainly boosted by a smaller premium of £20 a tonne against the price in Europe after sterling's further
      186 words
    • Article
      Precious Metals
      378 10 HONGKONG: Gold closed slightly lower in quiet and thin trading due to a lack of fresh incentives yesterday. The metal was influenced by the US dollar's rise against the Hongkong dollar. Bullion ended at U*****.00/421.50 an ounce against an initial U*****.30/80 and compared with Saturday s close of
      378 words
    • Article
      Palm Oil
      288 10 MALAYSIAN crude palm oil i futures on the Kuala Lum- i pur Commodity Exchange closed easier yesterday on < lack of demand. A dealer < said prices eased on possibility that local stocks would increase by 10 per cent. Spot month November t dropped Msl3 to M 51.005
      288 words
    • Article
      Rubber
      306 10 SINGAPORE: Rubber prices closed easier yesterday, but were above the morning's lows on light short-covering interest. Trading was quiet and thin. December RSS One buyer was quoted at 190.00 cents a kg, down 2.50 cents from Friday. On the TSR-20 Award market prices closed lower due to a lack
      306 words
    • Article
      RAS and MRELB
      279 10 R AS prices in S c*nts/kg, FOB It* bat* NOON CLOSE Buyers Sellers Buyers Sellers hi 1 RSS Prompt 188.00 189.00N 188.50 189 JON lot 1 RSS Dec 88 189.50 190.50N 190.00 191.00N Int 1 RSS Jon 192.00 193.00N 192.50 193-50N bit 2 RSS OP 187.00 189.00N
      279 words
    • Article
      SSR and SMR
      78 10 (cann/kg) DECEMBER 1988 JANUARY 1988 (currant month) (forword monlti) RAS NOON NOON •uyan Saltan Ivyan Saltan SS* 20 180.50 182.50N 180.50 182JON SSB so 178-50 180.50N 178.50 180.50N MRELB Buyan Saltan toy art Saltan SMR CV 297 50 299.50N 299.50 301.50N SMR I 289.50 291.50N 291.50 293.500
      78 words
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      Page 10 Advertisements Column 1
      183 10 Up with Productivity Down with Costs With Electrolux's Latest Storage System fei en r •ei I #> I ■s n The Accutrieve Horizontal Carousel fHitita The Quik-Trieve Vertical Carousel iK The Accutrieve Horizontal Carousel and the Quik-Trieve Vertical Carousel 2 highly flexible storage systems designed to minimise storage space, increase
      183 words
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  • TECHNOLOGY
    • Article
      US maker of networking products sets up first Asian unit here
      365 11  -  By JEFFREY TSANG PROTEON, a US manufacturer of local area networking and inter-networking products, has opened a wholly-owned subsidiary in Singapore as a result of strong growth in Singapore and the region. The company, Proteon Networks Pte Ltd, will
      365 words
    • Article, Illustration
      Hydrogen in the tank of BMW's test car
      367 11  -  By MARTIN SOONG LUXURY CAR maker BMW of West Germany, builders of what their advertisements purport to be the "world's ultimate driving machines," have developed a hydrogen-powered test vehicle based on its flagship 7 series. BMW project engineer Wolfgang Strobl says the
      367 words
    • Article, Illustration
      Future looks bright for Philips' lamps
      83 11 THE FUTURE appears bright (or Philips' new range of compact fluorescent lamps. When first introduced, the company claimed a life span of 6,000 hours, or six times as long as incandescent lamps. But after "a sufficiently prolonged period of extensive use in the marketthe
      83 words
    • Article
      Lock icon Milder chips downturn expected
      403 11 AP THE AMERICAN semiconductor industry is feeling the chill wind of a slowdown for the first time since the disastrous collapse of 1985 and 1986 Only recently the industry seemed robust, with record sales and profits. But three events last week illustrated that setbacks occur quickly
      AP  -  403 words
    • Article
      Lock icon Data security versus openness
      634 11 NYT WITH A FEW measured keystrokes, Robert T Morris, the 23-year-old Cornell University computer prodigy, did more than bring a nationwide Pentagon data network to its knees on Nov 2. He has raised troubling questions about the very limits of openness in a society that increasingly
      NYT  -  634 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      122 11 Now Europe's closer with Thai. Non-stop flights to 8 European Thai has shortened the distance to Europe by around 1000 miles. Because we fly to 8 European cities non-stop from Bangkok. Taking up to 2V2 hours off the flight time. From Amsterdam, Athens, Copenhagen, Frankfurt, London, Rome, Stockholm and Zurich,
      122 words
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  • PERSPECTIVE
    • Article
      A recognisable truth
      497 12 IDEOLOGY thrives on absolutes. Politics, on the other hand, belongs to the realm of the possible. The decision on Sunday by a majority of Palestinian leaders in Algiers to accept two United Nations resolutions as the basis of an international Middle East peace conference shows a shift
      497 words
    • Article, Illustration
      Aussie tourism industry at crucial point
      1315 12  -  Crocodile Dundee, America's Cup and the 1988 World Expo have all contributed to a tourism boom in Australia. The effects of these one-off factors, however, are fast wearing out. Industry analysts are now warning that the boom may go bust, reports FLORENCE CHONG from
      1,315 words
    • Article
      Lock icon New Zealand exploring options for world's largest gas-to-petrol plant
      836 12 Reuter NEW ZEALAND SPENT US$l.5 billion building the world's first commeicial plant to turn gas to petrol but it is now considering mothballing the huge facility or converting it to make only methanol. The plant, in the North Island's Taranaki province,
      Reuter  -  836 words
    • REGIONAL VIEWPOINTS
      • Article
        New White House tenant
        272 13 THE US ELECTION THE BUSH CABINET will probably have several holdovers from the Reagan Administration. "Bush's lines, including the Hollywood-inspired histrionic toughness of 'Read my lips no new taxes', have been lifted from President Reagan. "And why not, when the exhortation to win one more for
        272 words
      • Article
        The tasks ahead of Bush
        327 13 DEVELOPING COUNTRIES, worried after Mr Dukakis's campaign promise to restrict access of foreign goods to US markets raised the bogey of increasing protectionism, also heaved a sigh of relief as the votes showed Mr Bush to be the clear leader. "The President-elect has promised to
        327 words
      • Article
        Bush in the White House
        123 13 "GEORGE BUSH made it. On Jan 24, he will be sworn is as the 41st President of the US, thus ensuring another four years added to an uninterrupted period of succeeding Republican administrations in Washington since 1980. "Bush's presidential victory in terms of electoral votes
        123 words
      • Article
        The right stuff
        237 13 "REPUBLICAN George Bush has capped the most negative, issueless US political campaign in memory to score a historical election victory as the first sitting Vice-President to win the presidency in 152 years Come January,... he will face a long agenda of domestic and international issues that his
        237 words
      • Article
        Effective remedies required
        274 13 BUSH appealed to US voters by stressing themes such as a strong US, a refusal to raise taxes, and patriotism. "That many voters accepted this political language gives us the impression that the prevailing conservatism of US society, signified by Ronald Reagan's rise to power, is not
        274 words
      • Article
        Challenge facing the US President-elect
        162 13 BY PLEDGING to carry on the Reagan legacy, Mr Bush will be expected to maintain current policy, which requires a strong US presence in Europe and Asia. "This will be reassuring to countries such as South Korea and Taiwan, which have grown used to a
        162 words
    • Article, Illustration
      Idea stealing becomes trade issue
      1352 13  -  America and most other rich countries feel that intellectual property issues should be decided under the Gatt because they are crucial to promoting world trade and because Gatt has a mechanism for policing its decisions. However, much of the developing world tends to view patents,
      1,352 words
    • Article, Illustration
      Lock icon Bhutto says her sex no barrier to winning
      569 13 Reuter PAKISTANI opposition leader Benazir Bhutto, seeking to become the first woman to rule a modern Muslim nation, said last Saturday that her sex was no barrier to her winning this week's general election in Pakistan. "I'm proud of being a woman,
      Reuter  -  569 words
  • Page 12 Advertisements
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      243 12 NGAP O E E CJfll? SELLING TA *VI ess A TASTE OF OUR MEDICINE > I*o^ *5 WE'LL DELIVER To Your Home Or Office AT NO EXTRA SINGAPORE BUSINESS gives you the newest trends affecting the economy, analytical features and snappy columns on the stockmarket, trade industry, banking, property, company
      243 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      48 12 Go^RTUifvrIONS, me BRisTou? ort Pi 9RST CLASS J08... HOUJ ON DID you UNTfMJGLO SUCH P> rne,ss rur IT DOU)M TO VEf\KS OF OBViOUSLy rnORC By luck exßcJ?i£NC£ "CRIMING VTHFNM JUD&GmGMT Plus r cool, pnruvtical 1 r~ BRfMN RND F\ BUU-DOG -7 LUKere-WAOT/ ]A z' "> A f .a .5
      48 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      270 13 ~w~t Write an essay of up to 1,500 words on 'Global City Global Business'. It could win you a management course in USA, Switzerland or Australia. The need is for Singapore businesses to take up the global challenge. Time is running out. Competition for goods, services and ideas no longer
      270 words
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  • LEISURE
    • Article, Illustration
      Lock icon Every whim and fantasy
      644 14 FANTASY Reuter FOR THOSE who have always dreamed of taking a dip with a dolphin, driving a Formula One racing car or working as a cowboy, a fledgling industry now meets a full range of exotic whims The "fantasy resort" has become a new category of
      Reuter  -  644 words
    • Article, Illustration
      Lock icon Victim of her own beauty
      838 15 BOOKS FT Title: Vivien Leigh Author: Hugo Vickers Publisher: Hamish Hamilton Reviewer: Rachel Billington. VIVIEN LEIGH was born in Darjeeling in 1913. Her mother, Gertrude Hartley, was also born in India and Gertrude's mother, although somewhat mysterious, was probably "half-caste Parsi Indian". The Hartleys' lifestyle
      FT  -  838 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      966 14 em 7, m Where to entertain. I There are lucky draws and drinking contests. You only need to order Foster's Lager, Teacher's Whisky < or Laurent Perrier to be part of the excitement. It's just for this November and December. Don't miss out on the fun. Royal Singapore 25 Scotts
      966 words
    • Advertisement
      Page 14 Advertisements Column 2
      264 14 Sp/endide! Over 60 gorgeous French dishes to feast on. The Belvedere is alive with French flavours this November. Do it the French Way. Be sure to go through our delicious hors d'oeuvre selection. And for hot dishes, our chefs advise hot French Onion Soup to begin with. Then go on
      264 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      208 15 übertug d)rtll *>w Vfcjr. -w t •*7«3 1 So much to choose for only $2150 A sumptuous spread wth many different types of appetisers, hot and cold soups, a salad selection, superp pastries, truffles, fortes ..cheese Poard, fresh fruit freshly Prewed coffee All for $21.50 And for $27.50 you can
      208 words
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      Page 15 Advertisements Column 2
      143 15 "ssbbsf Courvoisier Cares and that means, Courvoisier Shares The Community Chest of Singapore, selected night-spots and Courvoisier have joined hands to help over 65,000 needy people from 30 charities between 15th November to 15th December 1988. To do this, we need your help too. This is what you have to
      143 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      649 15 CRYPTIC PUZZLE ACROSS 3 Catch a girl for nothing (5) 8 To make an outright hash is unpleasant! (5) 10 Very unpopular name for a bowler, perhaps (5) 11 French lake with many a current (3) 12 Rogue who doesn't come to a bad end (5) 13 Amy does contrive
      649 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1162 15 Boy and his horse TUESDAY PREMIERE Black Stallion 10.40pm, Channel 5 A little boy (Kelly Reno, left) and a black stallion become firm friends when they are shipwrecked on an island together for a couple of days. Later, the horse is trained to run in a match and proves to
      1,162 words
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  • SPORTS
    • Article
      Lock icon Strange, Kite in playoff for golf's richest prize
      712 16 AP TOM KITE'S last-hole birdie tied Curtis Strange at the end of regulation play in the Nabisco Championships on Sunday and set up a playoff yesterday for the richest prize in US golf. "Tomorrow is a whole different deal." Kite said on
      AP  -  712 words
    • Article
      Lock icon Nicklaus raring to play golf again
      258 16 AFP FOLLOWING an extensive examination of his lower back last week, Jack Nicklaus is hoping cortisone injections will allow him to continue playing competitive golf. Nicklaus said in Pebble Beach, California, on Sunday that he underwent a "minor procedure" called a facet block last
      AFP  -  258 words
    • Article
      Lock icon Golfaholics: take each round as the last you will ever play
      398 16 UPI WHEN A struggling television and film writer named Mark Oman relocated to Carmel in 1971, he knew he was heading for one of the hot beds of golf in California. But he didn't know it would change his
      UPI  -  398 words
    • Article, Illustration
      Lock icon Cool, calm, collected — Mecir takes Stuttgart
      550 16 Cool, calm, collected Mecir takes Stuttgart Reuter OLYMPIC CHAMPION Miloslav Mecir of Czechoslovakia gave a classic display of his own brand of cool, calculated tennis to beat Ecuador's Andres Gomez 6-3 6-2 in the Stuttgart Classic tennis final on Sunday. The 24-year-old Mecir, rarely showing any emotion, ground down Gomez
      Reuter  -  550 words
    • Article
      Copus takes the individual title of President's Trophy
      267 16  -  By PETER ABISHEGANADEN CHRISTINE COPUS. riding Magic Sky, came from third place to win the individual title of the President's Trophy three-day event at the Bukit Timah Saddle Club on Sunday. She was left in the lead as the first and second-placed
      267 words
    • Article, Illustration
      Lock icon Hlasek triumphs in Wembley
      354 16 AP JACOB HLASEK of Switzerland captured his first career Grand Prix title on Sunday when he defeated Sweden's Jonas Svensson in the final of the U*****,000 Benson and Hedges tennis championships in Wembley. Hlasek, who turned 24 on Saturday, received U5567.000 as he rallied from two
      AP  -  354 words
    • Article, Illustration
      Lock icon Old friends and rivals
      281 16 AFP MARTINA NAVRATILOVA and Chris Evert have come a long way from the not-too-distant past when, between them, they ruled women's tennis. And after the top-seeded Navratilova beat Evert 6-2, 6-2 on Sunday to win a U*****,000 women's tennis tournament in Chicago, the old rivals exchanged
      AFP  -  281 words
    • Article, Illustration
      Lock icon McLaren dominates
      560 16 Reuter THE McLaren Formula One team, which on Sunday capped a record-breaking 1988 season with a one-two finish in the Australian Grand Prix, is likely to remain tough to beat next season. "McLaren are always going to be hard to beat." said Formula One Constructors' Association chairman, Bernie
      Reuter  -  560 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      103 16 -V v PUfWr' WW* ■■-v. IWPH mm. Af* e 5 i Starting the backswing BEFORE YOU TAKE\ THE CLUBHEAD AWAY\ FROM TME BALL IT IS W IMPORTANT TO HAVE ONE SMALL MOVEMENT THAT TELLS YOU THAT YOU ARE READY TO START/ THE BACKSWING J IT COULD BE > MOVING THE
      103 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Singatronics buys stake in US computer firm
      400 17  -  By LONG SHIH ROME SESDAQ-LISTED Singatronics has signed a manufacturing agreement with a US microcomputer board maker which could reap it $10 million in revenue in the next financial year. This is a direct spin-off from its investment in Californiabased Ampro Computers Inc
      400 words
    • Article
      Keppel revamps board of Sim Urn Finance
      250 17 THE KEPPEL GROUP has moved quickly to strengthen the management at its newly-acquired subsidiary. Sim Lim Finance Ltd (SLF). SLF said yesterday that Mr Sim Kee Boon, executive chairman of the Keppel Group and Mr Loh Wing Siew, a director of Keppel and
      250 words
    • Article
      Top Singapore team in Japan to woo investors
      218 17 TOP OFFICIALS from the Monetary Authority of Singapore, Stock Exchange of Singapore and Singapore International Monetary Exchange are in Tokyo wooing Japanese investors. The SES and Simex jointly organised a seminar in Tokyo yesterday for Japanese portfolio and treasury managers. Key speakers
      218 words
    • Article
      Lock icon Deacon Chiu to quit board of Hongkong TV station
      181 17 AFP HONGKONG BUSINESSMAN Deacon Chiu, facing conspiracy charges in connection with a Hongkong bank, would resign as chairman and director of the colony's TV station Asia Television Ltd (ATV), an ATV statement said yesterday.. Mr Chiu had informed the ATV board
      AFP  -  181 words
    • Article
      DIVIDENDS ANNOUNCED
      701 17 Current b Beoln Dale ToM tor Total tor payment date doi§ payable Mm year laol year A Enterprise* 5% ID Nov 2 Nov 17 Dec 5 7% '0% A 1 S 10%(b) Jon 6 Jon 20 Jon 31 10% 5% Asiatic Dev 2%(» Oct 12 Oct 26 Nov
      701 words
    • Article
      Lock icon Public Bank to offer ATM service for share issues
      436 17 Bernama PUBLIC BANK Bhd and its subsidiary. Public Finance Bhd. have joined the ranks of leading financial institutions offering ATM facilities for investors to apply for public issue shares in Malaysia. A memorandum of understanding was signed yesterday between the two
      Bernama  -  436 words
    • Article
      NOL receives fair response to $300m issue
      499 17  -  Public offer of rights issue half-subscribed By AMY BALAN NEPTUNE Orient Lines Ltd haa become the latest victim of the current inertia on the stock market. Although inatitutiona lapped up an earlier $202 million private placement of NOL'a irredeemable convertible cumulative preference shares
      499 words
    • Article, Illustration
      JC-MPH sells Leisure Drome to Tai-Pan
      546 17 JACK CHIA-MPH Ltd is reorganising its hotel and leisure business under its associate, Hotel Tai-Pan Ltd. As a first step in this direction, JC-MPH is selling its 93.8 per cent stake in Tung Yuan Enterprises Pte Ltd (TYE) which owns and operates the Leisure
      546 words
    • Article
      COMPANY BRIEFS
      268 17 AMTEK HOLDINGS Pie Ufl has raised its stake in Amtek Engineering Ltd to 6.09 million shares or 15.81 per cent following a purchase of 30.000 shares at $1.23 per share on Nov 11. Amtek director and chairman Lee Ah Bee and his wife. Mdm Chew See Bee. are
      268 words
    • Article
      BONDS, LOANS & WARRANTS
      623 17 BONDS, LOANS WARRANTS 5* ST" C iHii ported 5= f i 1 I ii CK Tang Wm *****990 Oman Hup Wm 1991 Or Dot Bonds 1994 Ory Dot Wm 1992 C Corp OAS 1909 H Prop lands 1993 H Prop Wm 1993 H Toi-Pon Wm 1992 bmo-Pac loan 1992 Imo-Poc
      623 words
    • SES
      • Article, Illustration
        Investors shrug off new high on Tokyo market
        1062 18  -  *r KEVIN GWEE IN SPITE of a new high on the Tokyo stock market yesterday, investors took the cue from Wall Street's 47-point fall on Friday, driving share prices on the local market lower across the board. Brokers said continued fears of
        1,062 words
      • Article
        COMPANY MEETINGS
        171 18 -HUME INDUSTRIES BERHAO: 29th AGM at the Conference Room, 14th floor, Bangunan Hong Leong, 117, Jalan Bandar, ***** Kuala Lumpur, on Thursday Nov 17 at 2.30pm. MOUSTRIAL OXYGEN BERHAO: 19th AGM at Bouganvilla Suite 2, Ist Floor, Petaling Jaya Hilton, Petaling Jaya on Monday Nov 21 at 10.30
        171 words
      • Article
        APPROVED ISSUES
        46 18 Com pony RIGHTS ISSUE Spore land On* 2% un**cur*d loon d*tochob»» warrants tor stock witi *v*ry ord ihor* h*id Eocfc $2 no* inol »otu* stock will b« oilotad Of COftv*rtibi* anytime with* 1 worront. n hv* y*G Ex-dot* Nov 26 Books dos* 0*c 8
        46 words
      • Article
        PROPOSED ISSUES
        302 18 Company RIGHTS ISSUE C 1 Holdings 27 million loan stocks m Hi* ratio of $3 loon dock for every five ordinary 0 C Bonk sho rot held On#-(or two 10.75 per star* Duta Cons One-for on# $1 10 per shore F A C B On*-for-one Q $040 per
        302 words
    • Article
      SES SHARE INFORMATION
      5407 18 Qfs Qr*a 1 996 Tel Last Dtv Dtv rid Net Vol Dav Last Quale M Cap High Low Cod* Company Sale or- C'vr P/E C000) High Low Seller §Blll NOV 14 SECTION ONE INDUSTRIAL A COMMERCIAL 141 95 t 1000 Acma 104 -4 1 ON 2.4 0.9
      5,407 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices under pressure
        3266 19 NST SHARE PRICES retreated under selling pressure to close broadly lower on the Kuala Lumpur stock market yesterday. Losses were mostly marginal although a handful incurred doubledigit declines Brokers blamed the market's dismal performance to the sharp tall on Wall Street last Friday, the Dow Jones
        NST  -  3,266 words
    • REGIONAL MARKETS
      • Article
        Lock icon Seoul circulates market draft plan
        342 20 Reuter SOUTH KOREA'S Finance Ministry is circulating a draft plan for opening the Seoul stock market to overseas investors, climaxing in 1991 when foreigners would be allowed to buy directly into domestic companies. Market sources said the longawaited blueprint, now up for public discussion, opted
        Reuter  -  342 words
      • Article
        Lock icon Kuwait exchange to list foreign firms
        202 20 Reuter THE KUWAIT Stock Exchange, the Arab world's busiest, will soon list foreign firms as part of plans to revitalise trading and capitalise on economic growth expected in the Gulf after the Iran-Iraq ceasefire. General Manager Hisham al-Oteibi said on Sunday that two international
        Reuter  -  202 words
      • Article, Illustration
        Lock icon A record high
        575 20 Tokyo Reuter TOKYO SHARE prices rose slightly to a record close in moderate trade yesterday as continued buying of financial shares buoyed the index despite some other concerns, brokers said. "Buying of financials pulled up the market. Some foreigners were buying them, and the continued good outlook
        Reuter  -  575 words
      • Article, Illustration
        Lock icon Biggest 10-week fall
        463 20 Australia Reuter THE AUSTRALIAN share market yesterday recorded its largest one-day fall for almost three months as the firmer Australian dollar gave overseas investors added incentive to sell stocks, dealers said. One broker said gains of the last month were wiped from the board following a cue
        Reuter  -  463 words
      • Article, Illustration
        Prices finish sharply down
        1362 20 Hongkong HONGKONG SHARE prices continued to drift downward and closed sharply lower on bearish sentiment after the 47point drop in the Dow Jones on Wall Street last Friday, brokers said. The Hang Seng Index lost 45.75 points, or 1.77 per cent, to 2,537.99. The broader-based Hong
        1,362 words
      • Article
        Lock icon Taipei: Up in active trading
        472 20 Reuter SHARE PRICES in Taiwan closed mostly higher yesterday after a day of heavy trading even though last minute profit-taking forced the index off highs logged earlier in the session, dealers said. The weighted index closed 103.49 points, or 1.5 per cent, higher at 6.863.97
        Reuter  -  472 words
      • Article
        Lock icon Seoul: Lower all round
        137 20 Reuter SEOUL SHARE prices fell across the board yesterday in moderate trading following last week's upward trend. "Many investors sold shares in the belief the market was entering a correction period," one broker said. He added, however, that he expected the market to pick up again
        Reuter  -  137 words
      • Article
        Lock icon Bangkok: Index down
        26 20 Reuter THE SECURITIES Exchange of Thailand Index fell 5.21 points to 413.40 yesterday on a turnover of 3,637,567 shares worth 270.20 million baht.
        Reuter  -  26 words
      • Article
        Lock icon New Zealand: Prices fall
        96 20 Reuter NEW ZEALAND share prices yesterday fell in response to Friday's weakness on overseas markets but brokers said the decline was not as sharp as expected. The Barclays index fell 20.42 to 1.954.24 in light trade. "The market was surprisingly resilient," one broker said, while others
        Reuter  -  96 words
      • Article
        Lock icon Manila: Market depressed
        110 20 Reuter MANILA SHARE prices slipped on the first trading day yesterday following the escape of a top communist detainee and with the market still depressed over a drop in copper prices, brokers said. "The drop in prices was more a carryover of Friday's reaction to the decline
        Reuter  -  110 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon Elliott warns S and N against 'poison pill'
        594 21 Reuter ELDERS IXL Ltd chairman John Elliott said the "Scottish mafia" would fail to stop his bid for Scottish and Newcastle Breweries pic (S and N). It also warned S and N against taking a "poison pill." Mr Elliott told reporters he
        Reuter  -  594 words
      • Article
        Lock icon Pepsi Cola to return to South Africa
        223 21 AFP PEPSI COLA is to make a comeback in South Africa mainly under local black ownership in the wake of its partial disinvestment in 1985, Pepsi Cola South Africa (Pepsico) said in Capetown on Sunday. Pepsico is owned by a consortium of black
        AFP  -  223 words
      • Article
        Lock icon Deal to create Europe's largest packaging group to come under investigation
        293 21 FT COMPETITION AUTHORITIES on the European Commission are to investigate the £780 million takeover of Metalbox Packaging by Carnaud. the leading French metal packaging group, only a week before an EC ministerial debate on plans to extend the anti-trust
        FT  -  293 words
      • Article
        Lock icon Huge stake for managers in private RJR Nabisco
        680 21 NYT MUST A COMPANY shed its public shareholders and go private to unlock the full value of its assets and operations? The battle for RJR Nabisco Inc, America's 19thlargest industrial concern, is proving to be a case study of that question. So
        NYT  -  680 words
      • Article, Illustration
        Lock icon Post-election doubts on Wall Street
        700 21 Fears over deficit weigh heavy on market Reuter WALL STREET'S unwillingness to toast George Bush's victory bodes poorly for the American stock market in the year ahead and underscores serious economic woes facing the Presi-dent-elect. market analysts in New York say. "Instead of a champagne
        Reuter  -  700 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        880 21 Reuter PARIS: French share prices were off their lows by midsession yesterday as bargain hunting on some blue chips reversed the early wave of selling, dealers said. The 50-share price indicator was down 1.94 per cent at 1145 GMT after starting continuous trading 1.42 per cent down
        Reuter  -  880 words
  • Page 17 Advertisements
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      23 17 /irrwz, 3orc/oo£. W/&AS6 £&/e/&£Ar£'£&£& 7P/4A/&&£)££.. $r*/er//v£ 7& g/r&'P'&wo-f&P" by Martell £771£, 6/OC/SAV£' TO /JjAVFA/r ££■£/> v/>£V/rV77S£r &MA/6£o wets, /7W#£ /A/ 77J/£7*f &/&AG6./ 0, ?J'
      23 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      563 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF IDEAL INVESTMENT HOLDINGS PTE LTD (In Members' Voluntary Liquidation) At an EXTRAORDINARY GENERAL MEETING of the members of IDEAL INVESTMENT HOLDINGS PTE LTD, held at Blk 165 Bukit Merah Central #08-3667 Singapore 0315, on 15th
      563 words
    • Advertisement
      Page 20 Advertisements Column 2
      566 20 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 50) AND IN THE MATTER OF CHIN LOONG INVESTMENT CO. PTE LTD (Incorporated In the Republic of Singapore) (IN LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of tbe Members of CHIN LOONG INVESTMENT CO. PTE LTD duly convened and beld
      566 words
    • Advertisement
      Page 20 Advertisements Column 3
      479 20 NOTICE NOTICE IS HEREBY GIVEN that, I Lee Khong Gay of Blk 22 Old Airport Road #01-80, Singapore 1439, have applied for a Beer House, First Class licence in respect of premises at M/s Kin Bee Yuan Restaurant Service at 401 Changi Road, Singapore 1441, and that this application will
      479 words
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      Page 20 Advertisements Column 4
      10 20 Tha Bombay mart at waa doaad lor a publtc holklay
      10 words
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      Page 20 Advertisements Column 5
      47 20 THINKING OF STARTING A BUSINESS look W hour rrrj: A Sphere Reference Your Guide to Starting and Running a Business ALAN DEBORAH FOWL® Available at all Good Bookshops STP Distributors 2 Jurong Port Road. Singapore 2261 Times Publishing Group When we say business we mean just that
      47 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      120 21 V Scalpel...scissors...sutures... Business Times Whether you're a surgeon, lawyer, contractor or engineer, you need to be kept well informed to maximise returns on your money. In the same way a surgeon needs his tools to operate, he needs Business Times to help him make sound investments. Fluctuations in shares, in
      120 words
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      Page 21 Advertisements Column 2
      308 21 SHARPEN YOUR THINKING SKILLS No matter how intelligent you think you are you can learn to think harder and smarter than you thought possible. According to Dr Edward de Bono, who is internationally regarded as the authority in creative and conceptual thinking, brilliant ideas and spectacular breakthroughs are often the
      308 words
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  • Article
    Hotel Properties buys Meridien
    545 22  -  Price tag of $180 m sets new benchmark By MAGDALENE NG HOTEL PROPERTIES Ltd (HPL) has emerged as the buyer of the much-sought-after Hotel Meridien Singapore in Orchard Road for $180.2 million. The price it is paying sets a new benchmark for hotels along the Orchard
    545 words
  • Article, Illustration
    Demand for platinum forecast to hit new record
    310 22  -  By QUAK HIANG WHAI WORLD DEMAND for platinum will hit a record high of 3.635 million ounces, according to a forecast by Johnson Matthey. Johnson Matthey said in its 1988 interim review on platinum that total world demand for the metal will
    310 words
  • Article
    Lock icon Shamir summoned to form government
    177 22 Reuter PRESIDENT CHAIM Herzog has summoned Prime Minister Yitzhak Shamir to ask him to form Israel's next government after newly powerful religious parties gave the right-wing premier their support. Twelve days after general elections, two ultra-orthodox Jewish parties, Shas and Agudat Israel, gave Mr Shamir's
    Reuter  -  177 words
  • Article
    Lock icon Hawke defends level of Asian immigration to Australia
    379 22 AP. AFP PRIME MINISTER Bob Hawke yesterday lashed out at critics who want lower levels of Asian immigration to Australia, saying that a reduction could cost the country US$3OO million a year in lost business. Mr Hawke, addressing a conference on Asia
    AP.; AFP  -  379 words
  • Article
    Lock icon Gephardt says he may reintroduce amendment
    352 22 Reuter AMERICAN CONGRESSMAN Richard Gephardt said that he might reintroduce his tough amendment to limit imports from countries which do not allow fair access for US goods. "We hope that the new trade Bill, as deficient as I think it may be, will begin
    Reuter  -  352 words
  • Article, Illustration
    Tandem sets up regional support centre
    411 22  -  By TAN KEE WEE TANDEM Computers International. a Fortune 500 company with a revenue of US$l.3 billion in fiscal 1988, has expanded its operations in Singapore. Tandem recently invested $10 million to set up a new regional support and service centre in Singapore. Another
    411 words
  • Article
    Comex gold
    84 22 COMEX GOLD futures yesterday gave back half of last Friday's advance on early profit-taking in a cautious market. December gold fell US$l.3O at U*****.80 an ounce which cut the pre-weekend rally of US$2.6O. Analysts said the recovery in the dollar and Wall Street stocks prompted gold traders to
    84 words
  • LATE FILE
    • Article
      Lock icon Thai Premier plans Hanoi visit
      54 22 AFP THAI PREMIER Chatichai Choonhavan plans to visit Vietnam next year for talks with his Vietnamese counterpart Do Muoi, said his adviser Sukhumbhand Paribatra in Bangkok yesterday. Still tentative, it would be a familiarisation trip and would be the first to Hanoi by a Thai
      AFP  -  54 words
    • Article
      Lock icon Roh: 'Reason, not emotion'
      67 22 Reuter SOUTH KOREAN President Roh Tae-Woo has appealed for "reason, not emotion" to resolve the raging controversy over his predecessor, Chun Doo Hwan's alleged crimes. Speaking in Seoul yesterday after his Asian-Pa-cific tour, Mr Roh said: "No one wants part of our history to fetter our
      Reuter  -  67 words
    • Article
      Lock icon Zhao Ziyang blamed
      52 22 AFP CONSERVATIVES within the Communist Party leadership have blamed general secretary Zhao Ziyang for China's rampant inflation and forced him to make a self-criticism, a well-placed Chinese source said in Beijing yesterday. "He not only made a self-crit-icism" in late September "but it was considered inadequate," said
      AFP  -  52 words
    • Article
      Lock icon Less capital investment
      34 22 AFP CHINA'S investment in industrial equipment is likely to fall by US$5.4 billion next year, triggering possiblebankruptcies in its machinery and electronics sectors. Xinhua news agency said yesterday in Beijing. AFP
      AFP  -  34 words
    • Article
      Lock icon 'Improve food supplies'
      38 22 Reuter KREMLIN leader Mikhail Gorbachev has called for wideranging agricultural reforms during a meeting of Communist Party chiefs yesterday. Mr Gorbachev said an improvement in food supplies was the Soviet Union's most important domestic task.
      Reuter  -  38 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      127 22 Hunan Cuisine Restaurant m Singapore's much lauded Hunan Cuisine Restaurant also presents genuine Sichuan cuisine. Sauces and spices specially air-flown from Chengdu, Sichuan. Do try them out y k. '*€*i Charming Garden won the "American Award for Gastronomy 1987", and was awarded one of the 'Top Ten Favourite Chinese Restaurants
      127 words
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      Page 22 Advertisements Column 2
      176 22 Leader, PAGE 12 INVOICE TURN aggagggg INVOICES INTO CASH V Get your invoices paid within ON E DAY Assign your invoices to us and get immediate cash (uptown of the value) PRODUCTIVITY wc Factoring, the great business aid of modern times, can bring your business untold benefits... tvT BETTER CASHFLOW
      176 words
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      Page 22 Advertisements Column 3
      187 22 This announcement appears as a matter of record only. MACQUARIE BANK LIMITED US$lOO,OOO,OOO Certificate of Deposit Issuance Facility Managed by BA Asia Limited Banca Commerciale Italiana, Singapore Branch The Bank of East Asia, Limited Banque Francaise du Commerce Exterieur, Singapore Branch Italian International Bank Pic MPS-Monte dei Paschi di Siena,
      187 words
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  • SHIPPING TIMES
    • Article, Illustration
      JPA proposes two-tier corporation
      312 23  -  By G DURAIRAJ THE JOHOR Port Authority has made a proposal to the Malaysian government to establish a two-tier system corporation, in line with the current policy on privatisation. Under the corporatisation exercise, a holding company will be set up to take over the existing mobile
      312 words
    • Article
      Lock icon Thai ministry forms group to supervise TMNC operations
      344 23 Bangkok Post THE THAI Transport and Communications Ministry has formed a committee to shore up the operations of debt-ridden Thai Maritime Navigation Co. The team, to be headed by Mr Anek Tabsuwan, the Deputy Transport and Communications Minister, will supervise TMNC operations.
      Bangkok Post  -  344 words
    • Article
      Fasa seeks Asean assistance to fight against piracy
      244 23  -  By JEAN FOONG THE Federation of Asean Shipowners' Associations (Fasa) has agreed to approach the Asean governments, through the Asean Secretariat in Jakarta, to eradicate piracy in the region. Mr Hartoto Hardikusumo, the FASA chairman, said at the 14th FASA annual general
      244 words
    • Article
      Lock icon Sea Containers enjoys earnings of US$100 million
      325 24 Lloyd's List SEA CONTAINERS, the Bermu-da-based company which owns Sealink British Ferries, has announced earnings of US$lOO.l million on revenue of U*****.6 million for the first nine months of the year. This was a much improved performance on the first nine months of
      Lloyd's List  -  325 words
    • Article
      SHIPPING EVENTS
      210 24 Nov 15-17 Holland Offshore 86. Congress and Exhibition, International Exhibition and Congress Centre, RAI, Amsterdam, The Netherlands. Nov 15-18 First International Conference on Chemical Spills and Emergency Management at Sea to be held at the RAI Exhibition Congress Centre, Amsterdam. Contact: C Kingmans. TNO Corporate Communication Dept. PO
      210 words
    • Article
      INDEX TO ADVERTISERS
      798 24 AB Shpg XI 5 ABC Container XI 1 Accord Shpg VIII 3 Adrich Shpg IX 3 Alltrons IX 3 Anro Service VI 2/3 ANl 1 1/2 APC line VII 4 API V 2/3 Arrow lines XI 5 ASCI V 1 Asian Ocean VIII 1 Awards Shpg VII
      798 words
    • Article
      Lines suffer losses
      143 24 THREE of the six major Japanese shipping firms suffered losses in the April-September period this year due to a protracted shipping slump, company officials said. The other three companies only managed to post small profits in the first half of the current business year, they said. Nippon
      143 words
    • Article
      Lock icon S Korean yards win fewer orders
      134 24 AP FOREIGN ship orddFfe Korean shipyards in the firaMO months of this year dropped 32.5 per cent from a year ago to 1.4 million gross tons, the Korea Shipbuilders Association said Hyundai HOVy -Industries Co topped the list with 704.000 tons, or 50.2 per
      AP  -  134 words
    • Article
      Lock icon Polar Star icebreaker fail's to break through frozen ridge
      207 24 NYT THERE were some red faces among officers of the US Coast Guard last month when its Polar Star icebreaker failed to push through a frozen ridge in the Beaufort Sea west of Alaska and had to turn back. Their faces
      NYT  -  207 words
    • Article, Illustration
      Lock icon Sharp increase in US exports to Far East
      445 26 Trade likely to be supported by high value products Seatrade Week THE export boom in the United States is apparently no fluke, going by figures from US west coast ports. Recently released statistics from individual ports and from the US Census Bureau,
      Seatrade Week  -  445 words
    • Article
      Lock icon San Francisco port plans to implement 5-10pc rise in tariff
      210 26 Seatrade Week THE PORT of San Francisco, which in recent years has used very low port fees to attract some carriers away from crossbay rival Oakland, is now on the verge of implementing a 5 per cent to 10 per
      Seatrade Week  -  210 words
    • Article, Illustration
      Reclamation work begins for a new terminal at Hamburg
      418 26 RECLAMATION and piling work is well under way at Hamburg in connection with a DM34 million (US$lB million) project for a new ferry and cruise ship terminal. The realisation of the first phase of this development will allow DFDS to switch
      418 words
    • Article
      Dockers end strike at Rijeka port
      86 26 SIX hundred dockers in the northern Yugoslav port of Rijeka ended a two-day pay strike on Saturday without tangible gains, the national news agency Tanjug reported. The strikers had demanded the resignation of the port's personnel director and a one million dinar (US$245) pay
      86 words
    • Article
      Wah Kwong takes part in Global operation
      178 26 WAH KWONG Shipping and Investment Co (HK) Ltd is taking part in a speculative shipping operation called Global Ocean Carriers which is making a pitch to raise US$7O million on the US Stock Exchange. The South China Morning Post quoted Mr Frank Chao,
      178 words
    • Article
      CONSORTIA
      163 26 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, Illustration
      IMC recovers in true entrepreneurial style
      1917 26 International Maritime Carriers came through the shipping recession a little bruised, but in a much better shape of most of its counterparts. In late 1986, it began a buying spree which left many of his rivals gasping. In this report, LLOYD'S SHIPPING ECONOMIST traced
      1,917 words
    • Article
      PPA announces plan to computerise all port operations
      278 26 THE PHILIPPINE PORTS Authority (PPA) has announced computerisation of management and operations of all government ports in the country. A USSI.B million allocation for consultancy services and acquisition of computers and software is part of the U5543.5 million port development loan extended
      278 words
    • Article
      Lock icon Automatic communications signal to replace Morse code
      348 27 AP WORLD SHIPPING leaders have given the go-ahead for the introduction of automatic communications that will mean the end of the Morse code for ships at sea The decision represents "one of the biggest advances in maritime communications since the introduction of radio."
      AP  -  348 words
    • Article, Illustration
      Mina Zayed to promote port facilities
      329 27 MINA ZAYED, the main port of Abu Dhabi, is mounting an aggressive campaign to promote its facilities. "Over the next year, we plan to visit Korea, Japan, Australia and New Zealand," said Mr G H Ohlsen (Crossing, marketing/sales consultant from HPC. Mr Kressing and
      329 words
    • Article
      Lock icon TANKER RATES
      319 27 AFP QUIETER conditions was reported on the tanker market last week, London brokers E A Gibson said. They added that the underlying trend remained strong, and rates were firmer in most areas. The outlook looks bright for owners in the short-term, as demand remains strong, with buyers seeking
      AFP  -  319 words
    • Article
      LONDON FREIGHTS
      1275 32 FAIRLY activs chartarlng on Friday was reported to cover iron ore cargoes, together with various coal fixtures from tha US to Taiwan, shipbrokars said. Ore from Monrovia to Rotterdam received the slightly lower leval of USSO.2S whila $13.10 was paid from Tubarao to Kaohsiung. $6.40 from Port Cartisr
      1,275 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5053 32 AARHUS Korrigan. SetnDutcht Nov 15 Osaka Bay. Triot. Nov 15<PK) Ever Gusst Evergrssn. Nov 15 Mataram Dissagetri Nov 16/19 Villa de Vaata. CM D Atrattemant. Nov 17. Andars Maarak. Maarsk Llna. Nov 17. Ming Propitious Yang Ming. Nov 20 Nad Dalft. ScanOutcht.
      5,053 words
    • Article
      SHIPS IN PORT
      1283 32 AT CONVENTIONAL WHARVES KEPPEL WHARVES Al« Protpaoty KI4 olonguda 15.11/1200 April Glory KI7 ok>nguda 151 i/iaoo Oov>d I K32 olonguda 1511/1200 Ko»o Woruno K3I olonguda I9.il/1500 Poxal Siwdy* K28 otongud* 1511/0600 Pfcutai Nov** K33 oloagud* 19 11/0600 Son F on to in* K27 olongnda IS 11/2300 S
      1,283 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      656 23 TIMES STP Distributors w w Dedicated to Quality Service jAuome shipping agencies 200 Cwtonmtnt Road. #12-05 Sotrthport. Saigamxi 0208 T* *****11 Twi RS ***** Factum* *****09 j TERMINALXFS TN *****18. *****19. *****20 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS tot 32D0230A PEBAKA JAAOME MifflM AGENCIES MM 9MO PORT KELANG T«: *****18
      656 words
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      Page 23 Advertisements Column 2
      81 23 mm SEA CONTAINERS, the Bermuda-based company which owns Sealink British Ferries, has announced earnings of US$lOO.l million on revenue of U*****.6 million for the first nine months of the year. Pag« II WORLD SHIPPING leaders have given the go-ahead for the introduction of automatic communications that will mean the end
      81 words
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      Page 23 Advertisements Column 3
      550 23 7TTTT3T I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping CorPte Ltd. TEL: *****33 MAERSK LINE THE DETERMINED LINE! To Europe—UK Scandinavia Finland LEH FXS 14/12 To Mediterranean Sea QOA I LEG VIC 26/12 27/12 27/12 20/12 26/12 27/12
      550 words
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  • Page 24 Advertisements
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      461 24 a Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN, AARHUS, GOTHENBURG. MALMO, HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT HONG KONG EXPRESS CITY Of EDINBURGH LARGS BAY MEONIA CON V/SEMI-CONTAINER SERVICE TO MED EUROPE i A 9 entS: (Bp
      461 words
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      Page 24 Advertisements Column 2
      18 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National wSgiffcJ Shipping Association.
      18 words
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      Page 24 Advertisements Column 3
      478 24 fcl POLISH OCEAN LINES Optorg Shipping Pte Ltd S.-jJuo'f Iri 22?}'U P Ke ing J6BTJOI 2 3 Teifi RS ."1?55 Petjlmg Jayj "*;H3 7j"b«l3 (j i 22WS1 Pfjnj WJ»4S EACON SCITVICC (FUUT CONTAINERISED SERVICE) rumland m o grotewohl in I. THAfIMANN 7« N CEGIELSKI 7* Sm Aiil—| R'daa 11/11 12/12
      478 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      77 25 For more enquiries Puts you in touch with one of us AND THE NUMBER BELOW WILL GET YOU TO ALL OF THE ABOVE (ANYTIME) From today, with any touch tone phone, you can have immediate and easy access to information regarding the current status of your shipment. Each time your
      77 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1158 27 The Straits Steamship Group v ss P&O Containers STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT. CONTAINERSHIP SERVICES TO/FROM BANGKOK S PO#t B'KOK PI CASUS PtOCBESS VS47N 10-17 No* 20-71 Nov PtCASUS PIONEER WON Nw M-S No* BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80
      1,158 words
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      Page 27 Advertisements Column 2
      351 27 Getaboard the North American trail with "K" Line sea rail. "K" Line's weekly trans-Pacific container service between Asia/Far East and the U.S.A. features two West Coast gateway ports, Long Beach and Tacoma. These ports provide on-dock connecWiUwmm*' L ti ons to "K" Line's dedicated weekly fixed-day Double Stack m Train
      351 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      573 28 IHSINOSE MARITIME PTE LTD Singapore Loading lor IRAN ELHAN PJL 659 SID BANDAR ABBAS KYOWA LINE MOTHER VSL KYOWA VIOLET V.22 KYOWA HIBISCUS V LOAD FOR: VILA. NMA, LTK, SUVA. PAGO, APIA VILA. NMA. LTK. SUVA. PAGO. APIA _'i JA! /J :i j OCEANIA EXPRESS V-23 OCEANIA EXPRESS V-24 LOAD
      573 words
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      Page 28 Advertisements Column 2
      678 28 ItC&LINE FULLY CONTAIN EJRISED SERVICE 10 EUROPE VIA SUEZ Member ol the Ace Consortium i FROM E'JROPE VIASUEZI A Member ol the Ace Consortium S'part HONGKONG CONTAINER 571 15/11 KOREAN JACEWON 65E 22/11 QUEEN'S HAY BRIDGE IE 2S/11 SEVEN SEAS BRIDGE HE 29/11 lIJIIY CONIAINEE ".ID 10 fROM NOR'H AMERICA
      678 words
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      Page 28 Advertisements Column 3
      129 28 TTTT A SOUTHEAST ASIA PTE. LTD. international freight forwarders guarantee WEEKLY CONSOL FROM PT. KELANG HONG KONG EOROPE/0K Accepting FCL and LCL aflUfc MM six Tat M INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAMER SERVICE TO INDIA SRI LANKA Agents SHAHIKAT TRANS-ORIENT SDN. BHD. SINGAPORE *****10, *****66 PORT KELANG: *****M/5 JVanttrfJ[tp e
      129 words
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      Page 28 Advertisements Column 4
      1245 28 Ml EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GATHER EVER COVER* EVER GARDEN EVER GMNTTM EVER GRANO EVER Gin EVER GOLDEN SGP IMG KSG KLG PUS MX TVO CMS wiaiuaiuMiuiiuiiuMiu2vu a/11 »i; (c u wu mu uiu 012 miu v/ 12 mpi 11/12 u/12 ao2 •702 11/12 IQU
      1,245 words
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      Page 29 Advertisements Column 1
      623 29 PACIFIC INTERNATIONAL LINES A\fc\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VOY SIN JKT MY VOY SIN HKO KAO Kit YOK moo koo bus B2NB In PI n/11 »/11 2S/11 20/11 30/11 2/12 0/12 ass» ism a/11 M/ 11 mnb a/11 s/12 7/ia
      623 words
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      Page 29 Advertisements Column 2
      256 29 CHINA OCEAN SHIPPING COMPANY KK PCD PM| Pan JIANG CHUAN mi MAIATMA/qnWA FPU. CO» Pwun| Ptl| Spar* M E CHENG B S/12 3/12 Accaptmf FCt Carpi lor aN athar Chinaaa parts > t 'V/VM i I Loadinf tor R o tt A n AWPa»YKI Hkf S'hai Qinfltao 11/12 U/12 1
      256 words
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      Page 29 Advertisements Column 3
      476 29 PR BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TAS MAN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN MAIN LINE NKC NOUMEA SUVA AKL NAP TM Wll ER BRUSSELS
      476 words
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      Page 29 Advertisements Column 4
      435 29 DJASAGETRI A Joint Europe Service Of. P.T. DJAKARTA LLOYD P.T. 6ES4IU LLOYD P.T. SAMUDOA MBOKSM P.T. TMKORA LLOYD EXPRESS SEMI CONTAINEftSHIP SERVICES ■AlAl vsl/voy MATARAM/22W8 U. BONTANG 16WB SRIWIJAYA/2SWB ANTWERP H'BURG/ ROAM/ADAM BREMEN 1502 20/12 23/1 26/1 1/2 W Fort Said, Port Aloundrta, Qoooo, Tjiirtr also accepting both containers, coM&moNAL
      435 words
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      Page 29 Advertisements Column 5
      309 29 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING ajgjgffljg (Burmese National Line) Loading for Rangoon J'por* P.Ktlang Penang Bangkok apo No* 30 Mow/2 tec TAINER WWIHPWJWD TO UKC SPOKE ROAM HULL HMBG CLYDEBANK V24N 19/11 11/12 25(12 22/12 TAMAITAI SAMOA VI4N 9/12 5/1 Si in FORTH BANK V23N 27/12 2*l 1/2
      309 words
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      567 30 IC'linb KAWASAKI KISEN KAISHA, LTD. ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE N. AMERICA-ATLANTIC COAST VOY *INOO 11 14/11 •PK/PNG 15/11 22/11 29/11 6/12 ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE VOY LB 11 1/10 SGP "PK/PNG *INDO 17/11 19/11 20/11 24/11 26/11 27/U 1/12 3/12 4/12 1/12
      567 words
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      Page 30 Advertisements Column 2
      275 30 lit (111 AocapMng LCL and Sooth Africa cowtalnartoad cargo— Ofcact to VIRGO OH3F HAYAKAWA MARU «1«F VAAL VJSf VENTO UMF VAAL NEOLLOYO COLOMBO M37C CANOPUS 0003G 25/12 26/12 m. Jmrd JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-06 SOUTHPOINT, SINGAPORE (SOI Tal: *****11 TELEX NO: RS ***** TERMINAL/CFS
      275 words
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      Page 30 Advertisements Column 3
      733 30 'M tulsidas a KAUOAS ¥40 TULSIDAS V.39 KAL IDAS V 41 AUSTRALIA EXPRESS CONTAINER SERVICE FCL/FCL Container* Swppore PKaian| (Wif Loading tor Holt* »sl B> Feeder By Feedar ,'J* M U No» 11 Nov r remMoM/Sydn/Adel »Ok 23 Doc f retn IMb S ydn Adei f >5 15 iw F
      733 words
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      Page 30 Advertisements Column 4
      564 30 GOLDEN LINE GUAM GUAN SWUNG (PIE) LTD S. Tttak Amt Strwt SINGAPORE OM TIL SOW (1* LINES) Fu SUM STRAITS/PERSIAN GULF SERVICE: Spore P Pm, QOLOCN HAVEN (MonOWlUracki/Ouaa/DMnmft Opt Nov 001 DEN BEAR Colombo Kvtcft.'Out* MSDk CHINA SERVICE A VESSEL Humou/Skinfl«i 1(01 No* CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S
      564 words
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      Page 30 Advertisements Column 5
      353 30 a urMiaj, liuvruiuri XUf iw PHILI Oni€NT LIN€S PT€ LTD M£AO OfriCt 63 ROIiSSCN POAC -07 17 AFRO ASIA BUILDING SsNCAPCfIf 01C6 Tflf* RS ***** PHUi MX ??55fe76 VESSEL TBN EtfT/FM ERST Fa ft LCI I ETA SINGAPORE I DESTINATION mi a/u *11 WJ I V;t 't vu. in WX
      353 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      727 31 NEPTUNE AGENCIES PTE. LTD. FE EU/AUST TPA/SEA F/UI EAST/EUROPE HIUY CONTAMERISED SERVICE a G«rt«ral Enqulrt**: T«l: *****77 Ttrrmiul CfS BOOKINGS *****22 *****53 NEPLINE SON. BHO. MW NEPLINE SON BHD *****33 NEPLINE SON. BHD. *****5/627MM2H61/627H2 NEPLINE SON. BHD zam/TWH 1 •ret Mm ACE CoMorlium zmm urn/a *****9 27*11* 27*111 imim INWAROQUTWARD
      727 words
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      Page 31 Advertisements Column 2
      370 31 HEUNG-A SHIPPING Korean Flag Vessels of DOMAM SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG. BUSAN, INCHON 1) BUSAN SINGAPORE 2) SINGAPORE/ KEELUNG 10 DAYS SERVICE (I SERVICE!! VmmTi Nairn ETO IS SPORE PKL6 KEE BUSAN NO JI NO I DONAM/OOM 02/11 15-1701 U-IVU S-2VII 29/11-0312 0602 *ORAGNET/MM 11/11 273/11 24-24/11
      370 words
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      Page 31 Advertisements Column 3
      648 31 f m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG f- KELANG MESSRS MAI THONG SHIPPING 127 PMMSM. PMMI MMyu M/S HANOI IMC SYSTEM
      648 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      343 32 J9Z SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 Lmes) FAX *****39/*****76 TUEX 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 ft NORTH CONTINENT EUROPE -Vl* lAMIACA. ACCEPTING CAKO FOB LtMASSOU BEIRUT,
      343 words
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      Page 32 Advertisements Column 2
      95 32 LINE WfcEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. CONTINENT Vlf ETA SIN lt/11/SS S'PORE "> KAOHSIUNG -> KEELUNG ->• TOKYO SHIMIZU -> NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAYS 11 DAYS TSKLINE AGENCIES (S) PTE
      95 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      490 33 FARGO SHIPPM Tel: 224 0122 f REGULAR EXPRESS FCL ICL SERVICE I ABC CONTAINERLINE N.V. WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: TNT EXPRESS 214 ETA 10/12/88 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 15 Days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl TNT
      490 words
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      Page 33 Advertisements Column 2
      400 33 CSP SHIPPING AGENCIES PTE. LTD. Tel: *****66 (16 Lines) Fa*: *****61 Tlx ***** CSPFRT LCL FIXED CONSOLIDATION TO:MARSEILLES/GENOA KEELUNG/MANILA BUSAN/KAOSHIUNG TOKYO/KOBE/OSAKA to USA (ALL PORTS) to Auckland to Antwerp to Fremantle to Busan to Chittagong to China (All Ports) to Bombay to Manila/Cabu to Sydney/Melbourne to Jaddah to Kaalung to
      400 words
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      Page 33 Advertisements Column 3
      472 33 < cfs > CRYSTAL FREIGHT SERVICES CRYSTAL" WEEKLY CONSOL SERVICES U.SJV. LOS ANGELES 24/11/88 v AUSTRALIA MELBOURNE/SYDNEY 22/11/88 v FAR EAST BUSAN 17/11 BANGKOK 19/11 HONG KONG 19/11 KEE/KAOH 21/11 CALL BOOKING HOTLINE FOR BEST RATES 2 2 3 3 12 2 TEL: *****88 TELEX ***** CFSIN FA* *****88 ya.
      472 words
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      Page 33 Advertisements Column 4
      190 33 Tatsumi Marine DIRECT SAHJNG TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports sub/ect to inducement (also accepting transhipment cargo OROBAY MADANG KIETA. WEWAK KIMBE RABUAL via LAE) PTE. LTD :cni COMPANIA CHILENA DE NAVECACION INTEROCEANICA SA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE ARI IQUIQUE VALPARAISO SAI noRUNA
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      Page 33 Advertisements Column 5
      317 33 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 (9 LINES) FAX: *****90 IRAQI LINE >»»C S'»H BMiTIMt WEST BOUND SERVICE ETA SPORE LOADING FOR MV ALKINOI 15/11 Aqaba. Baghdad EAST BOUND SERVICE ETA S POKE LOADING FOR MV SINDBAD 30/11 Japan THROUGH l!h to BAGHDAD UPON REQUEST ALSO ACCEPTINC
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      439 34 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX RS ***** RS ***** 'For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN t CHINESE PORTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE 'Alto calls E.L. A P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTC) LTO. SINGAPORE PORT
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      Page 34 Advertisements Column 2
      246 34 (ASIA-SOUTH PACIFIC JOINT SERVICE) TAYBANK VSS 30/11 Port Moresby, Lae, Rabaul, Kimbe COLUMBUS NIUGINI V2S 18/12 Port Moresby. Lae. Rabaul Accepting LCL cargo for main ports discharge and also to Wewak, Kavieng, Alotau, Kieta. Honiara via Transhipment Port Kelang's Agent: H C Tel: *****01/4 SOCIETE MAURICIENNE DE NAVIGATION LTEE SMN
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      Page 34 Advertisements Column 3
      147 34 P.T. MASKAPAI PELAY PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 .-> r _w -a.ii VSL OKUNOZE PERKASA OKUNOZE PERKASA
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      Page 34 Advertisements Column 4
      573 34 /M, CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 04-*****2/4, *****3 07-***** 07-*****3. *****5, *****0, *****1 02-*****22 242wn WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER MXJa'H". r^FTTTTTTI 77T-T TT7T ill!!) ■>'iiii mi'i L-B TV I'll TTTrrm BREKRHAVEN. COPENHAGEN, HELSINKI. KUUK OSLO, STOCKHOLM^?* FROM EUROPE
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