The Business Times, 23 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 WEDNESDAY, NOVEMBER 23, 1988 75 CENTS
    11 words
  • Article
    Lock icon FINANCIAL NEWS SUMMARY
    244 1 Reuter Footsie up LONDON share prices were higher, near the day's best levels, at midday yesterday, helped by Wall Street s late rally on Monday. The Financial Times-Stock Exchange 100-share index was up 7.3 points, or 0.4 per cent, at 1,818.4, at about 1245 GMT AP Dow
    Reuter  -  244 words
  • Article, Illustration
    Bull run continues in Tokyo
    192 1 THE TOKYO stock market stretched its record-setting bull run to its eighth session yesterday, pushing the index up by a total of 1,263.70 points since November 11. The 225-issue Nikkei Stock Average yesterday gained 145.86 points to 29,430.12 on a turnover of 1.2 billion shares.
    192 words
  • Article
    Intervention fails to stem dollar's decline
    132 1 THE US DOLLAR yesterday finished lower at 121.78 yen in Tokyo in spite of intervention by the Bank of Japan to prop up the American currency. Dealers attributed the dollar's weakness to a remark by US President-elect George Bush ruling out tax hikes. The
    132 words
  • Article
    $60m EDB package to help companies automate
    419 1  -  BOARD HOPES TO CUT DEPENDENCE ON FOREIGN LABOUR By JOHN TAN THE ECONOMIC Development Board (EDB) will provide more than $60 million next year to help companies automate in what is part of the government's effort to trim Singapore's pool of foreign workers.
    419 words
  • Article, Illustration
    Lock icon Mulroney calls for national healing as Canadians endorse trade pact
    535 1 Reuter UPI CANADIAN Prime Minister Brian Mulroney yesterday called for a national healing after voters returned him to office with a weakened majority government that nonetheless protected the USCanada free trade pact. Mr Mulroney's Progressive Conservative Party won Monday's national
    Reuter; UPI  -  535 words
  • Article
    Lock icon Razaleigh has rejected post offer: Mahathir
    203 1 Bernama DATUK SERI Dr Mahathir Mohamad yesterday said Tengku Razaleigh Hamzah had rejected his offer of a cabinet post by saying it was a "political corruption". Tengku Razaleigh's letter of response was received recently, the Malaysian prime minister told reporters in Kuala Lumpur after
    Bernama  -  203 words
  • Article
    Lock icon Indonesian manufacturers set to gain from trade liberalisation
    518 1 AFP THE INDONESIAN government's measures to liberalise trade are likely to reduce the country's manufacturing costs and further boost non-oil exports, bankers and businessmen said in Jakarta yesterday. The measures announced on Monday, which include the abolition of import monopolies on various
    AFP  -  518 words
  • Article
    Societe Generale gets its merchant banking licence
    490 1  -  By LEONG WEN WAH FRENCH BANK Societe Generale has successfully re-applied for a merchant banking licence in Singapore, nearly five years after abandoning big plans to set up one which was to cover the whole of Asia. Its new wholly-owned merchant bank. Sogen
    490 words
  • Article
    Lock icon 'Ramos to be military chief'
    154 1 AFP PHILIPPINE Vice-President Salvador Laurel said yesterday President Corazon Aquino might give up her powers as military commander-in-chief to Defence Secretary Fidel Ramos, and warned that the government may not survive her next 1,000 days in power. Mr Laurel, who broke from Mrs Aquino earlier
    AFP  -  154 words
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      Page 1 Advertisements Column 1
      147 1 PUT OM A dOOODOLB. VBAI A LlftllD $1,000,000 88 cash prizes must be won with IBS/OUB Housing Loan /rftjjft Pre-purchase ly' loan approval Low Rates Free Legal Fees Free Valuation No Processing Fees Up to 100% Financing Bridging Loans 4V* p.a. Renovation Loans Two lucky draws Each with 88 cash
      147 words
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      Page 1 Advertisements Column 2
      235 1 Full report, PAGE 18 Regional markets, PAGE 20 Bush would not increase tax, PAGE 9 Signal naadad, PAGE 10 Editorial Comment: 12 Beyond trading blocs Viewpoint 12 Japan caught in a no-win situation Thailand 13 Democracy facing crucial test W German economy 13 On track for best performance in a
      235 words
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      Page 1 Advertisements Column 3
      3 1 Leader, PAGE 12
      3 words
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      Page 1 Advertisements Column 4
      8 1 Indonesia plant shipping exchange, SHIPPING TIMES, PAGE I
      8 words
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      Page 1 Advertisements Column 5
      232 1 A Cu4t*y Of Btailu** nfaermain SINCE 1888 Made in WEST GERMANY HHHHmhhhhhv^hhhhhhi Take up high living at Penthouse 6 Room at the top at down to earth prices SSB5* for Single Room *4 SSlOO* for Double Room I From now to 31 December 1988 only. Live it up at Penthouse
      232 words
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  • HOME NEWS
    • Article
      Present signs bode well for hotel industry
      433 2  -  SURVEY BY MANAGEMENT CONSULTANTS ARTHUR YOUNG By JEFFREY TSANG RISING OCCUPANCY and wellcontrolled costs have resulted in a slightly healthier hotel industry. And the long-term prospects appear to be rosy, says management consultants Arthur Young. In the recently published Arthur Young survey of
      433 words
    • Article
      Unionist emphasises quality of training
      389 2  -  By TAN KEE WEE JAPANESE COMPANIES in Singapore get the least assistance from the Skills Development Fund (SDF), yet their workers get the highest quality of training, union leader Lim Boon Heng pointed out yesterday. This high quality of training was important, he said. For
      389 words
    • Article, Illustration
      Weinberger to address Pata conference
      213 2 THE PACIFIC Area Travel Association has roped in former US Defence Secretary Casper Weinberger, now the publisher of the leading American business weekly Forbes, to deliver the Keynote address at the Pata annual conference next April. Mr Weinberger, a Harvardtrained lawyer, served as Defence Secretary
      213 words
    • Article
      Jeya wants monetary compensation, apology
      489 2 FORMER OPPOSITION Member of Parliament J B Jeyaretnam yesterday demanded monetary compensation and an apology from the government, following a Privy Council written judgment that the Workers' Party secretary-general had been wrongfully convicted on four criminal charges of mishandling party funds. At a press conference
      489 words
    • Article
      Ban on book, film remains
      97 2 THE BOOK and film. The Last Temptation of Christ, were not allowed in Singapore because the topic could offend Christians and Muslims, said the Ministry of Communications and Information yesterday, "The book contains passages which are contrary to Biblical records and which are offensive to
      97 words
    • Article
      Taxi operators dispute ROV figures, calculation
      411 3 IN THE CONTINUING debate between taxi operators and the Registry of Vehicles, the latest salvo has been fired by the operators who not only claim that ROV figures are wrong, but that the basis of the government's decision to increase the diesel tax is
      411 words
    • Article
      Indian group sees tie-up possibilities
      435 3  -  Services, manufacturing and trade highlighted By WILLIAM CHIA INDIA'S engineering industry has identified three areas in which it would like to work closely with Singapore companies. In a detailed plan for promoting economic ties with Singapore companies, the Confederation of Engineering Industry (CEI) said there
      435 words
    • Article, Illustration
      Stamp your mark
      186 3 TRADE TALK A COMPUTERISED metal engraver that can engrave one-millimetre small characters made its debut at the Metal Asia show yesterday. Made by French firm Technifor, the machine (right) will be marketed by another French firm, Singapore-based Imaje. The ink jet printer manufacturer hopes to market the
      186 words
    • Article
      Aspacon '89 at the Pan Pacific
      85 3 THE 2nd Asia-Pacific conference on automotive technology and management (Aspacon 89) will be held from April 27 to 29 next year at the Pan Pacific Hotel. With the theme "Towards excellence in automotive technology and management: applications and strategies for the *****", the conference
      85 words
    • Article
      Pig farms: going, going
      139 3 PIG FARMS in Punggol, Sembawang. Tampines, Changi and Pulau Übin will have to cease their activities by the end of the month as part of the government's move to phase out pig farming in Singapore. All the farms in these areas, except for 22 commercial farms
      139 words
    • Article
      Redas on study mission to Malaysia
      124 3 THE REAL ESTATE Developers' Association of Singapore goes north tomorrow to meet its Malaysian counterpart, the Housing Developers' Association (HDA), and explore up-country development potential. About 28 Redas members will be part of a three-day study mission to Kuala Lumpur, during which they will
      124 words
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      Page 2 Advertisements Column 1
      454 2 w MB. v i*. v.: 3 CI. mmm >- r T? W' £.£> :S Specifications vary m Singapore WE'VE GONE TO GREAT LENGTHS TO GIVE YOU MORE COMFORT. We do not expect our customers to compromise. We build cars for people who demand the best and who insist on luxury
      454 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      231 2 mm City Max/ Hot* mm (°C) Adelaide 19/11 Cloudy Amsterdam 03-03 Ckear Athens 16/11 Cloudy Bahrain 23/18 Clear Bangkok 31/22 Gear Barbados 29/25 Clear 07/03 Clear Wfrt 16/12 Sumy Belgrode 04/02 Cloudy Boriln 00-04 door Bermuda 25/20 Cloudy Boon 00-04 Cloudy Brisbane 32/22 Rne Brussels 04-06 Cleor Budapest -2/-4 Snow
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      42 3 FERAUD BY LOUIS FERAU r k' V •> J. 1 l/? it FERAUD BOUTIQUE ROBINSONS Level 3, Centrepoint. Orchard Road. Tel: *****03 Boutique: The Promenade #01-09, 300 Orchard Road. Tel: *****28 Corner: Halley's Dept. Store, Orchard Building #02-00, 1 Grange Road. Tel: *****25
      42 words
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      Page 3 Advertisements Column 2
      119 3 i J* t i V ai( k •v V m V Thai transports fish chips with equal care. However fragile and whatever the shape or size of your cargo, your business demands it arrives in perfect condition, on time, every time. Which means choosing an experienced and reliable airline that
      119 words
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  • ASIA – PACIFIC
    • Article
      Lock icon US refuses to lift Japanese sanctions
      464 4 FT AFP THE UNITED STATES has rejected an appeal by Japan to lift trade sanctions before President Ronald Reagan leaves office in January. During two days of talks in San Francisco that ended on Friday. the Japanese failed to persuade US officials that they
      FT; AFP  -  464 words
    • Article
      Lock icon Tokyo eases export controls on communist nations
      141 4 AFP JAPAN'S Cabinet yesterday eased controls on exports of strategic goods to communist nations but stiffened regulations on exports of products that can be used to make chemical weapons and missiles. Under the revised rules, export controls on 32 items restricted by the
      AFP  -  141 words
    • Article
      Lock icon Israel voices 'regret' over Egypt's move on Palestine
      90 4 AFP ISRAELI Foreign Minister Shimon Peres on Monday summoned the Egyptian ambassador to Israel, Mohammad Bassiouni, to voice his country's "regret" over Egypt's recognition of independent Palestine. Mr Peres, cited by a ministry spokesman, said the recognition of the state, which was
      AFP  -  90 words
    • Article
      Lock icon Cambodian solution could exclude Khmer Rouge
      221 4 AFP PEACE TALKS in France earlier this month have paved the way for a solution to the Cambodian problem with or without the Khmer Rouge, the Politburo in Phnom Penh said in a communique on Monday. The Politburo "highly appreciated' the outcome of talks
      AFP  -  221 words
    • Article
      Lock icon Transfer of power in Pakistan next month
      389 4 Reuter ACTING Pakistani President Ghulam Ishaq Khan indicated on Monday that he would hand power to a new government in early December, officials said, but he kept silent about whether he would nominate Benazir Bhutto as prime minister. Speaking on the eve of
      Reuter  -  389 words
    • Article
      Lock icon China to triple computer output
      187 4 AFP CHINA plans to triple its computer production from last year's level to six billion yuan (US$l.6 billion) by 1990 although exports will remain minuscule. The New China News Agency said yesterday that China would build factories in special economic zones, coastal areas and major
      AFP  -  187 words
    • Article
      Lock icon Fijian chiefs accept new constitution
      80 4 Reuter FIJI'S traditional chiefs have accepted in principle a new constitution giving indigenous Fijians political domination, the aim of two coups last year. The acceptance by 270 chiefs yesterday will help pave the way for a return to parliamentary democracy, government officials said. The constitution,
      Reuter  -  80 words
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      Page 4 Advertisements Column 1
      359 4 INTERFLUG TO BERLIN NOW, TWICE A WEEK Every Tuesday and Sunday, 7.30 pm. With convenient connections from Berlin (Schoenefeld Airport) to Amsterdam, Athens, Bucharest, Budapest, Copenhagen, Leningrad, Milan, Moscow, Prague, Rome, Sofia, Warsaw and other European cities. Plus frequent bus service from airport to West Berlin. i IA/ffITFIIIC GERMAN DEMOCRATIC
      359 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      51 4 Doonesbury OKAY, KIPS, TO 61V5 YOU THE 6ENERAL FEEL OF WHAT WE'RB DOING, HERB'S THB SPOT HUE SHOT CUfThZONK, sge m m UNQUESTIONABLY, THB THING THAT MOST ATTRACTED MB MAS THB EXTRAORDINARY STANDARDS OF ACADEMIC EJCBUBNCB. OXFORD 15 JUST IN A CLASS 81 ITSELF' 0K t BY GARRY TRUDEAU m
      51 words
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  • REST OF THE WORLD
    • Article
      DAILY AIRCRAFT MOVEMENTS
      886 5 ARRIVALS Operator Sorvfco Local From number tim* MAS MH625 0010 KUL OAl OA471 0015 ATM su son 0115 LAX/NRT UAL UA805 0125 SFO/MKG FTL FT080 0215 0X8 MAS MM627 0600 KUL S1A SQ41 0610 MAA AIR CW707 0700 MTS/MftU SWAZ1 SU SQ31 0815 COG/ROM MAS MH640 0820
      886 words
    • Article, Illustration
      Lock icon Carter, Ford propose tax and spending measures
      266 5 AFP FORMER presidents Jimmy Carter and Gerald Ford have urged president-elect George Bush to reduce the US$l55 billion federal budget deficit by cutting government spending and raising excise taxes. In a report presented on Monday to Mr Bush, the former US chief executives
      AFP  -  266 words
    • Article
      Lock icon Bush urged to use new powers to ease trade
      354 5 AP PRESIDENT-ELECT George Bush should make vigorous use of new powers granted by Congress to help settle international trade disputes, a US Congressional investigative agency said. The General Accounting Office (GAO) issued the comment in a report that is one of
      AP  -  354 words
    • Article
      Lock icon US trade officials to seek opinions on world policies
      221 5 AP AMERICAN OFFICIALS will visit 15 US cities next year to get opinions about what world trade policy should be during President George Bush's administration, the acting chairwoman of the International Trade Commission said on Monday. "Listening to America the concerns
      AP  -  221 words
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      Page 5 Advertisements Column 1
      109 5 m\m\ The business person's choice every Tuesday, Thursday, Saturday and Sunday Leaving Chongi Airport at 22:05 hour* and ornvmg Heathrow early the following morning. Co# your Travel Agent or Air Canada ot *****55 AIR CANADA 0 NATIONAL UNIVERSITY OF SINGAPORE PUBLIC LECTURES DR. DAVID BALTIMORE (Nobel Laureate and Director, Whitehead
      109 words
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      Page 5 Advertisements Column 2
      122 5 VACHERON CONSTANTIN Geneve Maitre-Horloger, En I'lle. depuis 1755 lx>rd kalld Carved from a block of solid gold, studded with 316 emerald cut shaped diamonds weighing a total of 55 cLs. perfectly set and featuring one of the most sophisticated movements of its kind in the world. Uidy kalla An exquisite
      122 words
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      Page 5 Advertisements Column 3
      7 5 Profit** of thro* Bush mon, PAGE 11
      7 words
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  • COMMODITIES
    • Article
      Palm Oil
      552 6 MALAYSIAN CRUDE PALM OIL FUTURES finished marginally steadier but off the day's high in active trading on the Kuala Lumpur Commodity Exchange yesterday. Traders said the market opened higher against Monday's close. The higher close on the Chicago Board of Trade soybean complex also aided the increase during
      552 words
    • Article
      Lock icon Crude Oil and Products
      186 6 Telerate Fuel oil prices were little changed in light trade yesterday. Levels were expected to tread lower following several Gulf cargoes arriving into Singapore and the high refinery runs in the domestic market in December. In view of bearish expectations. buyers pre- ferred to indicate prices
      Telerate  -  186 words
    • Article
      Soybean
      40 6 Soybean futures closed on or near the highs with gains of 15-1/4 cents to one cent a bushel on the Chicago Board of Trade on Tuesday. January settled at U557.46-1/4 after poeting a 16-1/2 cent range on the day.
      40 words
    • Article
      Wheat
      41 6 Wheat futures ended down 2-3/4 cents to 3/4 cent per bushel on the Chicago Board of Trade on Tuesday. Corn closed on s range from up 2-3/4 cents a bushel in December at US$2.6l to down 1-1/4 in distant December.
      41 words
    • Article
      KL Tin
      134 6 REPORTED Malaysian cantral bank Intervention on bahall of tha rlngglt helped H firm against tha US dollar and doproaaad tha Kuala Lumpur tin prtca by savan cants to M 519.43 a kg yeaterday. Trading .was brlaf with ovaraaas daalars staying away. Local interasts took tha 20 tonnaa offarad.
      134 words
    • Article
      Rubber
      262 6 SINGAPORE: Rubbar prices rose in the early afternoon on continued short-covering interest following higher closing prices in Tokyo, but some overseas selling towards the close pared the gains slightly in quiet trading yesterday. December RSS One buyer was quoted at 190.50 cents a kg. up four cents from Monday.
      262 words
    • Article
      RAS and MRELB
      290 6 RAS prices In 8 c*nte/kg, FOB In bat* I NOON CLOSE Buyon Sol tori Ivyort SaUri Int 1 RSS Prompt 187.00 188.00N 189.00 190.00N tat 1 RSS Doc 86 188.50 189 JON 190 JO 191 JON Int 1 RSS Jon 191.00 1 92.00N 193.00 194.00N bit 2
      290 words
    • Article
      SSR and SMR
      80 6 le«nt»/k«) RAS SSI 20 SSt 30 MRELfl D6CEMKR 1988 (currant month) NOON fciy*n Sahn 177-50 179 JON 175-50 177JON 1 hmn lalm u ANUAJty 1988 ftorwqrd montfv) NOON IMMTS 4 '77JO 17% JON '5 50 17XJQN SMI cv 391 JO 393J0N 393J0 29SJ0N SMI I 3*4 JO
      80 words
    • Article
      Produce Prices
      239 6 Chinese Produce Exchange S*ll*r>' noon dosing prk»i on Nov 22 (S$/100 kg) Coconut oil M> FOB 114.00 OW drvm KM 124.00 N*w drum FOB 128.00 Copra Mlx*d (Ioom) 67 Pepper K>* NIW 730.00 Sarawak wfctte FOB foq NIW r 1 —1 720.00 oorawot tp*ooi Wack FOB NIW 445.00
      239 words
    • Article
      London markets
      313 6 London Commodity Exchange Buyer/Seller closing prices on Nov 21, (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Basis in-store London, sellers option CIF London Nov 1065/1070 (1062/1067) High/Low 1073/1068 ion 1084/1085 (1080/1083) High/Low 1090/1085 Soles (1858) Cocoa Dec 850/852 (830/833) High/Low 853/838 Mar 870/871 (850/851) High/Low 874/855
      313 words
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      156 7 IT HAS BEEN SAID THAT ONE CAN'T MAKE A MAJOR FINANCIAL DECISION BASED PURELY ON EMOTION. WE BEG TO DIFFER. U -JVa.sn£sL ri- jS a&Ry t' j «&%.*>•*> 4 L m ■£3i^S 4; I ii v THE NEW MERCEDES-BENZ 200 E. THE MOST ADVANCED 4-CYLINDER, 2-LITRE ENGINE WITH MECHANICAL/ELECTRONIC FUEL
      156 words
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  • MONEY AND EXCHANGES
    • Article
      Comex gold/silver futures
      168 8 Gold futures on Nov 21,1988 100 troy ounces; USS par troy ounce Open High Low 8*H* No» 415.80 -1.60 Ok 417.80 418.60 416.00 416.50 •1.60 Jon 89 419.10 1.60 Fab 423.00 423-50 420.80 421.80 -1.70 428.40 428.40 426.60 426.60 -1.80 Jun 432.80 433.80 431.20 431.90 -1.90 Aug
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    • Article
      Precious Metals
      329 8 HONGKONG: Gold closed barely changed in quiet trading due to an absence of fresh factors yesterday. Bullion ended at U*****.10/416.60 an ounce against the U*****.40/416.90 local open and compared with New York's 415.40/415.90 close. On the local market, gold fell HK$6 to end at HK53,887 a tael. Coins
      329 words
    • Article
      Money markets
      66 8 THE OVERNIGHT rate on the Singapore money market rose 5/8 point to close higher at 4-7/8 per cent yesterday. One month rose 1/8 point, while two and three months remained unchanged. S$ Interbank rates at the dose yesterday: owe* mo nigM 4 7/8 3/4 1 -onnMi 4 3/4
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    • Article
      Government securities market
      104 8 Treasury bills Period Issue Yesterday's dosing Day's code Maturity WO OFFER HIGH LOW 3 monfta RQ*****F 16.02.89 3.75 3.70 3.75 3.73 6 months BY*****Z 23.03.89 3.80 3.75 3.80 3.79 1 yeor BY*****S 20.07.89 4.37 4.27 4.36 4.32 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing
      104 words
    • Article, Illustration
      World interest rates
      177 8 IndtalM tho average of prime tending ratet of 12 ma|or banks In S'pore Interbank market rates (offer/bid) on Nov 22 us$ DM SWFC Y«n 7 day* f/14 7/14 II 11/14 4/14 4 11/14 4/14 4 3/4 —J/4 4 3/4 1/4 1 m* 4/14 7/14 117/4 J/4 4
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    • Article
      Lock icon 'US recession unlikely'
      137 8 Reuter US INTEREST RATES will inch up one to 1% percentage point in 1969 and the dollar will decline by 10 per cent or more, but a recession in the next two years is unlikely, predicted James Annable, Chief Economist at First Chicago Corp. "I think inflation
      Reuter  -  137 words
    • Article
      Asian dollar market
      246 8 ASIAN DOLLAR deposit rates closed at opening levels after quiet trading yesterday. Short-dates eased 1/16 point at the outset and were unchanged after that. Overnight and Wednesday/Friday closed at 6-3/8 8-1/4 per cent each and week-fixed at 8-1/2 8-3/8 per cent. Term rates were little changed at
      246 words
    • Article
      Lock icon Forex markets
      857 8 Hongkong Bank SINGAPORE: THE US dollar again edged lower yesterday. this time on the back of Bushspeak. The President-elect reiterated his commitment not to raise taxes, leaving financial markets still wondering how he proposes to tackle the US budget deficit. The appointment of Richard Darman as OMB director,
      Hongkong Bank  -  857 words
    • Article
      Foreign Exchange
      236 8 Interbonk rates at 3pm yesterday: Oyrrwiciss WO out* •raw pert* Local dollars to c MM unit of foreign currency: US doMor 1.9425 1.9435 2.8196 -31.11 Stirling pound 3.5402 3.5439 7.3469 -51.81 AmtioBan dollar 1.6676 1.6704 3.4286 •51.36 NZ dollar 1.2558 1.2584 3.4286 -63.37 C i LiLj LriLrm rlnMni
      236 words
    • Article
      Lock icon Simex
      421 9 BA Futures MARCH Eurodollar futures yesterday opened four ticks lower than Monday's closing level at 90.97 on Simex. Prices dipped to the low of 90.35 initially but recovered to the high of 90.98. The March contract finally settled five ticks lower at 90.96. Currency futures opened near the day's
      BA Futures  -  421 words
    • Article
      IMM
      192 9 IMM currency futures finished moderately higher after a session of thin, mostly light trade on Tuesday. Canadian dollars vaulted higher and hit the 100point opening price limit after weekend polls showed the ruling Conservative Party regained its lead. The Canadian unit continued rising after the 15-minute opening limit expired.
      192 words
    • Article
      Lock icon US$ drops as Bush reaffirms pledge
      261 9 NYT THE US DOLLAR moved lower in New York on Monday after President-elect George Bush, in another reaffirmation of a campaign promise, said he would not consider tax increases as part of a plan to reduce the nation's budget deficit. There was no coordinated
      NYT  -  261 words
    • Article
      Options
      697 9 CURRENCY FUTURES OPTIONS Tuesday, 1 Mov 22, 1988 D€UTSCHEMARK (SIMEX) 1 Ok M trnm Ow 1 1 Mgh Lcm um Lam um 52 CA» 53 Cam 54 4021 405 CAB 55 3021 305 2 56 2031 207 5* 3 57 120* 119 17A IS 58 541 S3 49« 46
      697 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      212 8 NMB Bank's new head office is located in south east Amsterdam. We bank your way. It's the one single reason for our growth. Because at NMB Bank, we believe in partnership with our clients. We don't try to meet individual problems with standard solutions. Instead, we come up with ideas
      212 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      38 9 We arc craftsmen who are equally at home in the international marketplace for men's fashion be it London, New York, Rome or Paris. At this level of excellence we will always be. bailors Lower Lobby,Shangri-La Hotel, Tel: 235"692.
      38 words
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      Page 9 Advertisements Column 2
      85 9 M 1 Tar f Kg a*** V PV E t v•V fc fl 3* *1 23 *3* JO Ift hS mk .*jo 4 4 4 4 .4 4 m 4 f.a 55 35? H J» B The Arrow Criterion range. Working shirts with the casual feel. CRITERION ETC —Arrow* THE
      85 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Wooing customers with gifts
      551 10  -  Financial institutions offer festive season packages By QUAK HIANG WHAI FINANCIAL INSTITUTIONS, their eye on the year-end bonus payments just round the corner, are offering costly gifts and schemes in the competition for consumers' attention. While banks and finance companies hand out gifts to people who
      551 words
    • Article
      Lock icon 'Markets expect Bush to send signal soon'
      304 10 AP US PRESIDENT-ELECT George Bush has yet to formulate a clear fiscal policy and his team will soon have to give financial markets a positive signal, a senior Bank of Japan official said. The official said he was satisfied with the fundamental economic
      AP  -  304 words
    • Article
      Lock icon Fed proposal on state banks
      118 10 Reuter THE FEDERAL Reserve Board in Washington has made a proposal requiring bank holding companies to get approval from the Fed for state banks that they own to establish subsidiaries dealing in .-eel estate, insurance and other non-banking activities. The Fed's board voted 6-1 to
      Reuter  -  118 words
    • Article
      Lock icon CFTC allows some futures funds to be held overseas
      239 10 Reuter TO PROMOTE trading of US futures on foreign bonds and stock indexes, the Commodity Futures Trading Commission (CFTC) said it is permitting futures brokers to hold in overseas accounts any funds segregated on behalf of US customers. The Commission made
      Reuter  -  239 words
    • Article
      Lock icon Seoul to ease rules on convertible bonds
      213 10 Reuter SOUTH KOREA'S Finance Ministry is expected to ease eligibility requirements next year on companies issuing overseas convertible bonds. Foreign brokers said smaller firms would have greater access to cheaper overseas financing under the new guidelines, part of a plan to allow more
      Reuter  -  213 words
    • Article
      Lock icon Dutch insurers expected to show 10-15 pc profit rises
      222 10 Reuter DUTCH INSURANCE companies are expected to report profit rises of 10 to 15 per cent, aided by higher earnings from damage and life business, when they announce first nine month results in coming weeks, analysts said. NV Amev and Nationale
      Reuter  -  222 words
    • Article
      Lock icon Greece asks diplomats to find fugitive tycoon
      344 10 Reuter GREECE SAYS it has told diplomats in Brazil to search for a fugitive tycoon and publisher at the centre of a banking scandal which has rocked the country over the past month. The move, announced by a government spokesman on Monday, follows
      Reuter  -  344 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      128 10 Now less is more. Introducing United's smaller, more exclusive Business Class. United is happy to announce that it is offering businessmen far fewer seats in its new Business Class. I Which means you can enjoy a more comfortable flight, and far more personal attention. As well as the friendly, professional
      128 words
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  • FOCUS
    • Article
      Lock icon Darman, the man to beat the budget deficit
      583 11 President-elect George Bush has chosen key men to give his incoming administration a capable and moderate image when he takes over from President Ronald Reagan on Jan 20. The following articles profile three of them Richard Darman, Richard Thornburgh and Lauro F
      Reuter  -  583 words
    • Article
      Lock icon A vote of confidence for trouble-shooter Thornburgh
      525 11 Reuter MR BUSH's decision to retain Richard Thornburgh as attorney general amounts to a vote of confidence in a troubleshooter who was brought in to snap a demoralised Justice Department back on course. The president-elect announced on Monday he had asked Mr Thornburgh,
      Reuter  -  525 words
    • Article, Illustration
      Lock icon Cavazos: Schooled in minority issues
      521 11 NYT LAURO F CAVAZOS's reappointment as secretary of education will bring less confrontation and more sensitivity to minority concerns than was common under his predecessor, William J Bennett. Educators say Mr Cavazos, who was picked to succeed Mr Bennett as education secretary in August and
      NYT  -  521 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      338 11 LOOK AT ANY LAPTOP ll\l POOR LIGHT AND YOUR EYES WILL END UP LOOKING EPSON Epson Electronics (S) Pte Ltd NO I RAFFLES PLACE, #26-00 OUB CENTRE, SINGAPORE 0104 TEL: *****77 |8 LINES) TELEX RS ***** EPSONS FAX *****19 Showroom: NO I RAFFLES PLACE. #03-17 OUB CENTRE. SINGAPORE 0104 TEL
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  • PERSPECTIVE
    • Article
      Beyond trade blocs
      485 12 CANADIANS have given their vote to the USCanada Free Trade Agreement. This was what the general election in Canada was all about. The campaign was fought on the question of whether or not Canada should link its economy even more intimately to that of America, on whether
      485 words
    • Article, Illustration
      Japan caught in a no-win situation
      1624 12  -  Increasing generosity on the part of the Japanese seems to have gone unappreciated. Instead, Japan-bashing continues to be a favourite activity among its Asian neighbours. TAN KEE WEE traces the roots of anti-Japanese sentiments and concludes that some of them are misdirected. Viewpoint TAN
      1,624 words
    • Article, Illustration
      Lock icon THAILAND: Democracy facing crucial test
      1516 13  -  For the first time in 12 years, Thailand has an elected head of government. But Thai economists and foreign investors worry that poor performance by the scandal-prone coalition under Mr Chatichai Choonhavan will damage the economy as well as discredit democracy. MICHAEL RICHARDSON takes a
      IHT  -  1,516 words
    • Article
      Lock icon Bonn's growth set to be best in decade
      508 13 Reuter WEST GERMANY'S economy, the strongest in Western Europe, seems to be on track this year for its best performance in nearly a decade. Another record trade surplus is likely, too. The government and the country's five leading economic research institutes say
      Reuter  -  508 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      193 12 Colombo Court Selegie Complex 11 Adam Park 5 Ctuny Park UDMC represents some of Singapore's most Managed sought-after addresses. Both residential and Attending commercial properties. On short or long term y es w^en teasing period. absohrte g Colombo Court and Selegie Complex. Conveniently Because I located. Within CBD area. At
      193 words
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      Page 12 Advertisements Column 2
      180 12 Up with Productivity Down with Costs With Electrokix's Latest Storage System rjn f> m as 4 K Li !S 0 V s The Quik-Trieve Vertical Carouse! The Accutrieve Horizontal Carousel The Accutrieve Horizontal Carousel and the Quik-Trieve Vertical Carousel 2 highly flexible storage systems designed to minimise storage space, increase
      180 words
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      Page 13 Advertisements Column 1
      125 13 Thailand Mornings China Airlines operates to Bangkok on every Sunday, Tuesday and Friday. With 7.30 am departure and 8.45 am arrival, you'll have a full day to get down to work or splash about in the sun. For reservations, call your travel agent or China Airlines at 737-2211. Creating a
      125 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      36 13 Bristol flanfcDictes get on uiw uoftK yov a&Hsy I-.-L HOu) DO VOU suppose He P< ->C>B TMPO* Hifv-l Ptxoeß TO TpslX To OS> Me shouted misljry) into it 7 fillip r < EVENING $T»NO*KO CO LTD.. 1«U—1
      36 words
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  • LEISURE
    • Article, Illustration
      Lock icon The body electric
      519 14 LAT-WP WITH A BUNDLE of electrodes, a high-powered computer and a music synthesiser, scientists have designed a system that can use the human body's organs as a trembling, twitching symphony orchestra By hooking up different parts of the body to the computerised system, an entirely new kind
      LAT-WP  -  519 words
    • Article
      Lock icon Big bite for small morsels
      438 15 FOOD LAT-WP IN THE LAND of US$7 apples and US$6 boxes of granola. matsutake mushrooms are in a class of their own. Japanese drop their usual tones of careful politeness and become positively rapturous in describing these unassuming brown fungi, their woodsy taste and piney
      LAT-WP  -  438 words
    • Article, Illustration
      FOUND: Sir Stamford Raffles chest
      714 15  -  TREASURE HUNT By MONICA GWEE SOGGY NEWSPAPERS featured strongly last Saturday morning as intrepid treasure hunters clutched their clues from BT and defied the rain in search of a chest and a chance to go on safari in Kenya. But it was clearly the spirit
      714 words
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      Page 14 Advertisements Column 1
      784 14 Where to entertain. D OpJylC Imagine... the cosiest business lunch i complete with fashion show at only $19! cCTTwenTiitKMMiMT Every Tuesday noon at Blooms Continental Restaurant, help yourself to a lavish spread of appetisers and desserts, soup of the day and choose your entree from 14 delicious choices. Including a
      784 words
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      Page 14 Advertisements Column 2
      237 14 A Splendide! 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
      237 words
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      204 15 With all the trimmin's Thanksgiving at the Century Park Sheraton is observed with tar more than a nod in the direction of tradition. Turkey with all the trimmin's is served, sure enoi ah, but you'll find other American favourites on the IKe-course Thanksgiving menu at the Hubertus Grill like Honey
      204 words
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      Page 15 Advertisements Column 2
      103 15 Treasure Hunt Another AIR MAURITIUS Kenyan Safari holiday for two won! Another Treasure Chest found! There are still 4 more Treasure Chests full of Ballantine's Scotch Whisky to be found and 4 more Air Mauritius Kenyan Safari holidays for two to be won. How can you resist? Get out there
      103 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      2 15 a d
      2 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1383 15 to aaa aaaa® Animal kingdom ASS :«>: I THE NATURAL WORLD Towars Of Wax And Papor PatacM 9.30pm, Channal 12 Long before man piled stones for shelter or thatched a roof with reeds, animal artisans were already practising architecture. This documentary highlights the tunnelers, thatchers, weavers, sculptors, potters and spinners
      1,383 words
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  • SPORTS
    • Article, Illustration
      Long line of oldies in vintage car event
      419 16  -  By WALTON MORAIS FLUSH after the success of its inaugural run last year, the Vintage Equator Run of ancient jalopies looks set to become a permanent feature of the motoring calendar. Already, the deluge of initial foreign entries has exceeded expectations, causing
      419 words
    • Article
      Lock icon Smooth sailing for seed in Brussels event
      286 16 Reuter FIFTH-SEEDED Ronald Agenor of Haiti easily beat Dutchman Menno Oosting 6-3, 6-2 to advance to the second round of the Belgian Indoor Grand Prix tournament in Brussels on Monday. Agenor, ranked No. 26 in the world and the only seeded player in
      Reuter  -  286 words
    • Article
      Lock icon Star-studded line-up for Nabisco Masters showdown
      284 16 UPI SWEDEN s top-ranked Mats Wilander and No. 3 Stefan Edberg, holders of all four Grand Slam titles, will be in action on the opening night of the Nabisco Masters in New York on Nov 30. According to the draw announced on Monday, Wilander
      UPI  -  284 words
    • Article, Illustration
      Lock icon Sabatini set to build on world championship win
      255 16 AFP GABRIELA SABATINI s victory on Sunday at the US$l million Woman's Tannis Championships in Naw York has sharpened her appetite for more major tournament successes and boosted the 18-year-old s ambition to take over from her doubles partner Steffi Graf of
      AFP  -  255 words
    • Article
      Lock icon US-Soviet pact on mutual dope testing
      264 16 Reuter THE US and the Soviet Union have signed an agreement that could lead to drug testing of US and Soviet athletes in training. The agreement, which is subject to approval by both national Olympic committees, outlined a p an that would subject athletes
      Reuter  -  264 words
    • Article, Illustration
      Lock icon Abdul-Jabbar returns to New York
      302 16 UPI KAREEM ABDUL-JABBAR's NBA farewell tour began last night in the city where he was born and learned to play basketball as his Los Angeles Lakers were to play the New York Knicks at Madison Square Garden. Barring the unlikelihood of the Lakers and Knicks
      UPI  -  302 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      174 16 ■:*■>*» EXPERIENCE THAT TRADITION WHEN \DU RIDE OUR NEW 747/300' S. Now Saudia have no less than 10 super luxurious Boeing 747-300's in their fleet. The 747-300 is one of the largest and most comfortable long-haul jets flying today. And especially comfortable for Saudia's First Class passengers. Because Saudia have
      174 words
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      Page 16 Advertisements Column 2
      159 16 BEEF JUST FLOWN IN Come now to Jack's Place Steak House in Hotel Miramar and savour tender, juicy US and New Zealand beef. At promotional prices unaffected by the hotels charm and ambience. (rf j 0 //r For Lunch and Dinner /p* r S.Z. Fillet Steak $14.00 jock's H ol
      159 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Wanted: A rich parent to stand by in lean times
      625 17 SjKXgGL* HOCK LOCK SIEW THE STOCKBROKING community in Singapore was surprised by Citicorp Scrimgeour Vickers (CSV) decision to scale down its operations here and retrench most of its highly-paid team of dealers, researchers and salesmen. Not too long ago, the
      HOCK LOCK SIEW  -  625 words
    • Article
      DIVIDENDS ANNOUNCED
      635 17 !l Ex Book* Dale Total tor Total tor date cio># payable the year laat year A Enterprise* Nov 2 Nov 17 Dec 5 7% 10% A 1 S B 10% lb) Jon 6 Jan 20 Jan 31 10% 5% AM D 1 »%tbl Nov 24 Dm 8 Jan
      635 words
    • Article
      Roxy seeking underwriters for M$136m rights
      460 17  -  By MAGDALENE NG ROXY ELECTRIC Industries (M) Bhd is anxiously scouting for underwriters for its proposed Msl36 million rights issue following the termination of negotiations with United Industrial Corporation (UIC) Ltd last week. BT understands that Roxy has given itself about two weeks to
      460 words
    • Article
      $31 m UOB contract goes to Nishimatsu Lum Chang
      138 17 THE UNITED Overseas Bank group has awarded a $31 million substructure contact to Nishimatsu Lum Chang JV (Construction Civil Engineering) Re Ltd for its 66-storey UOB Plaza project A statement from the UOB group yesterday said that the substructure works begins
      138 words
    • Article
      Asean Resources fighting off hostile bid
      615 17  -  By ELAINE KOH BELEAGUERED Asean Resources. suspended for more than two years on the Hongkong Stock Exchange, is fighting off a hostile HK$llO million bid from diamond dealer William Doo. The bid is made by Pinemount Development, a takeover company owned by Mr Doo.
      615 words
    • Article
      Lum Chang plans bigger role for property development
      438 17 LUM CHANG Holdings is gearing up for a "more aggressive" involvement in the property development market. In its latest annual report. executive chairman Raymond Lum said this was to ensure a continuous flow of development projects to maintain their contribution to turnover.
      438 words
    • Article, Illustration
      Sealion's Sep 11 relisting application was alive: witness
      177 17  -  Insider Trading Trial ALLAN NG PROSECUTION witness Thong Kok Khee told the court yesterday that he was never in doubt that Sealion Hotel's Sep 11 application for relisting of its suspended shares was still alive Mr Thong, a former officer of Standard
      177 words
    • Article
      COMPANY BRIEFS
      78 17 PLANTATION GROUP Kumpulan Guthrie Bhd is to go public sometime next year, said its chief executive Datuk Dr Ani Arope Datuk Ani. however, declined to give further details except that the move was being worked on. It had been speculated lately that Kumpulan Guthrie would be seeking a
      78 words
    • SES
      • Article, Illustration
        Market puts on 6.75 points — its best gain in a month
        1157 18  - Market puts on 6.75 points its best gain in a month -by KEVIN GWEE SHARE PRICES achieved their best gains in a month as investors returned to the Singapore stock market yesterday with an eye out for marine stocks. Brokers said sentiment was boosted by Wall Street's resilience and the
        1,157 words
      • Article
        COMPANY MEETINGS
        121 18 KEMAYAN OIL PALM Berhad: 23rd AGM at 5E Foh Chong Building, Jalan Ibrahim, ***** Johor Bahru on Saturday Nov 26. at noon. MYCOM BERHAD: 21st AGM at Mawar Room, Mezzanine Floor, Hotel Equatorial. Jalan Sultan Ismail. *****- Kuala Lumpur on Monday Nov 28 at 10.00 am. ARAB-MALAYSIAN DEVELOPMENT
        121 words
      • Article
        APPROVED ISSUES
        43 18 Company RIGHTS ISSUE Spore Land One 2% unsecured loon stock with detachable worronts for every ordinary shore held Each $2 nominal value loon stock will be alloted one warrant. convertible onytme within live years Ex-date Nov 28 Books close Dec 8
        43 words
      • Article
        PROPOSED ISSUES
        296 18 Company RIGHTS ISSUE C 1 Holdings 27 million loon stocks in the rotio of (3 loon stock lor r y five ordinory shores held D C Bonk One-'or two $0 75 per share Duta Cons One-for-one $1 10 per shore F A C B One-for-one $0 60 per
        296 words
    • Article
      SES SHARE INFORMATION
      5603 18 Gr'« Gr's 1t U Tel Last Dlv Dlv Y'ld Nat Vol Day Last Quota M Cap uuw nign Low Cod* Company Sal* ■fr or- C'vr P/E (000) High Low Buyar Seller (mil NOV 22 SESDAQ 187 114 t 4000 Amtek Eng 20c 114 -1 10.ON 7.1 1.5
      5,603 words
    • KLSE
      • Article, Illustration
        Investors keep to sidelines
        3239 19 SHARE PRICES retreated in thin trading at the Kuala Lumpur stock market yesterday as buyers continued to keep to the sidelines. Losses were mostly marginal. However, an encouraging sign was that blue chips attracted late buying and marginal gains were posted. A broker said the market
        3,239 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Hitachi may buy NS division
        629 20 Move to strengthen company's standing in America Reuter HITACHI LTD is a possible buyer for National Semiconductor Corps computer distribution division. National Advanced Systems (NAS), if the US concern wants to sell it. according to industry analysts. A Hitachi spokesman declined comment on a report
        Reuter  -  629 words
      • Article
        Lock icon Coles Myer seeks acquisition in US
        314 20 Reuter COLES MYER Ltd. Australia's largest retailer, is planning to make a substantial offshore acquisition, most likely in the US. Chairman and chief executive Brian Quinn said in Melbourne yesterday that the company was looking to move into the US or Britain within the
        Reuter  -  314 words
      • Article
        Lock icon China, Arco develop gas field in S China Sea
        268 20 UPI AFTER YEARS of negotiation, China and the American oil company Arco have reached an agreement in principle on developing a major natural gas field in the South China Sea. Officials in Beijing said yesterday the agreement, between the China National
        UPI  -  268 words
      • Article, Illustration
        Lock icon Eighth record day
        601 20 Tokyo Reuter TOKYO SHARE prices closed firmer yesterday, with the main index at a record close for the eighth straight trading day. after showing only small gains most of the day. "The rise demonstrates the market's basic strength," said one broker. "It's been a very broad, very
        Reuter  -  601 words
      • Article, Illustration
        Lock icon Bears still in control
        542 20 Australia Reuter BEARISH SENTIMENT continued to plague the Sydney share market as stocks closed lower yesterday. extending losses suffered over the past week. Brokers said buyers remained reluctant to enter the market amid high interest rates, while resource stocks took the brunt of a higher Australian
        Reuter  -  542 words
      • Article, Illustration
        Property stocks propel indices ahead
        1407 20 Hongkong HONGKONG STOCKS ended yesterday strongly as property stocks pushed the indices up. "A lot of people looked at Shui On Group selling Shui On Centre for HKS2.S billion and started to say. well what about Great Eagle's property, what about HK Land." one broker
        1,407 words
      • Article
        Lock icon New Zealand: Eight-month low
        197 20 Reuter SHARES PRICES in New Zealand fell to an eightmonth low yeeterday with dealers blaming domestic political uncertainty, higher bond yields and NZI Corps announcement on Monday of a big loaa. The Barclays index fell 7.44 to 1,067 96 and had now lost about 100 points
        Reuter  -  197 words
      • Article
        Lock icon Bangkok: Index down
        163 20 Reuter THE SECURITIES Exchange of Thailand Index fell 3.30 points yesterday to 409.40 on a turnover of 3.740.177 shares worth 290.22 million baht. NOV 22 Ao Kham Thai Ayudhya Invaatmam Bangkok Aground Bangkok Bank Bank 01 Ayudhya Charoong Thai Wira ACabta Data mat Ohana Siam Fin Aaia
        Reuter  -  163 words
      • Article
        Lock icon Bombay: Closed
        31 20 Reuter THE BOMBAY stock exchange was closed yesterday to enable brokers to settle outstanding business The market will remain closed today for a Sikh religious festival. Trading resumes tomorrow.
        Reuter  -  31 words
      • Article
        Lock icon Seoul: Another new high
        155 20 Reuter SEOUL SHARE prices hit a new high for the third consecutive session yesterday in anticipation of former President Chun 000 Hwan's scheduled public apology today for alleged misdeeds during his rule, brokers said. The composite index near the close was up 1.11 point at 786.52.
        Reuter  -  155 words
      • Article
        Lock icon Taipei: Still volatile
        415 20 Reuter STRONG BUYING by individual investors pushed the weighted index higher in early trade yesterday, brokers said. It rose 88.62 points or 1.19 per cent to 7,511.51 from Monday s 7,422.89 finish. Turnover was active at NT529.5 billion one hour after the opening. Brokers said the market
        Reuter  -  415 words
      • Article
        Lock icon Manila: Prices end mixed
        54 20 Reuter PHILIPPINE SHARE prices finished mixed in slow trading yesterday. The Manila Stock Exchange composite index closed at 719.05 points, firmer by 0.70 point from Monday s 718.35 finish. Combined dealings inched up to 365.8 million shares worth 70.2 million Philippine pesos from 208 million shares
        Reuter  -  54 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow Jones edges higher
        830 21 New York Reuter PUBLIC SERVICE CO of New Hampshire rose on Monday in response to President Reagan signing an order that investors speculated could speed operation of the company's Seabrook nuclear power plant. The company said the executive order signed last Friday authorised federal intervention in
        Reuter  -  830 words
      • Article, Illustration
        Lock icon Prices firm after quiet opening
        1013 21 London Reuter LONDON SHARES were steady to firm yesterday after a quiet opening, with Wall Street's strong recovery on Monday after initial selling aiding the early trend. The rally on Wall Street was very welcome," one dealer said. London market sentiment was depressed on Monday,
        Reuter  -  1,013 words
      • Article
        Untitled
        1215 21 Selected indices HONGKONG All Industrials Tuesday 2.452 2 Hongkong Index Monday 2.452 9 Tuesday J Week ogo 2.504 3 Monday 1,702 53 Week 090 1.692 49 NEW YORK Hang Seng Index Dow Jones Tuesday 2.***** Monday 2.***** Monday 2.561 87 Friday 2.062 41 Week ogo 2.568 58 Week ogo 2.*****
        1,215 words
      • Article, Illustration
        Lock icon Overstocking dogs chip suppliers
        650 21 Reuter OVERSTOCKED SUPPLIES of semiconductors, the scourge of the chip industry during its recession several years ago. have returned to plague suppliers but not enough to signal another disastrous slump. "Clearly, it is a downturn, but it is not an out-and-out recession," said Paine Webber analyst
        Reuter  -  650 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        464 21 Reuter ZURICH: Swiss shares l closed slightly higher across the board in hectic trading yesterday as many bearer shares staged a v technical recovery from c Monday's sharp losses, dealers said. Turnover was r very heavy. I The all-share Swiss In- J dex added 4.8 points to
        Reuter  -  464 words
      • Article
        Lock icon Israeli banks ponder more cash for Koor
        229 21 FT ISRAELI BANKS are negotiating to provide Koor Industries, the troubled industrial group, with another temporary cash injection amid continuing uncertainty as to whether the company can be saved from compulsory liquidation. Professor Eitan Berglas, chairman of Bank Hapaolim, Israel's largest bank, said
        FT  -  229 words
      • Article
        Lock icon Bayer likely to raise dividend
        95 21 Reuter CHEMICALS GROUP Bayer AG is likely to increase its dividend to shareholders on 1988 business, according to management board chairman Hermann Stronger. Mr Stronger told a news conference on Monday: '"Using 10 marks as a basic dividend, you can assume that the management board
        Reuter  -  95 words
      • Article
        Lock icon Virgin sells condom business to Pacific Dunlop
        163 21 Reuter RICHARD BRANSON, founder of record company Virgin Group pic, is selling his Mates condom business to a subsidiary of Australian rubber company Pacific Dunlop Ltd. Pacific Dunlop's Ansell International division will pay an initial £1 million in advance royalties and an as
        Reuter  -  163 words
    • Article
      Singapore firm in unique hepatitis vaccine venture
      574 22  -  By ANNA TEO SINGAPORE COMPANY Scitech Medical Products Pte Ltd is teaming up with Biotechnology General Corporation (BTG) of New York to develop and market and possibly even produce later a Hepatitis B vaccine from the ovary cells of Chinese hamsters. The agreement
      574 words
    • Article
      No thorny issues in Brunei ties, says Kan Seng
      163 22 THE RELATIONSHIP between Brunei and Singapore is so good that there are no thorny issues to be resolved, said Foreign Affairs Minister Wong Kan Seng in Brunei yesterday. However, Mr Wong, who is there on a two-day official visit, said he
      163 words
    • Article, Illustration
      Lock icon South Korean party leader resigns before giving testimony
      363 22 Agencies THE secretary-general of South Korea's ruling party submitted his resigned yesterday, saying he wanted to step down before testifying on alleged wrongdoings during the presidency of Chun Doo-Hwan. Democratic Justice Party (DJP) secretary-general Park Joon-Byung handed his resignation to party chairman
      Agencies  -  363 words
    • Article
      Lock icon Reducing budget deficit top priority — Bush
      501 22 Reducing budget deficit top priority Bush Agencies PRESIDENT-ELECT George Bush has emphasised that cutting the federal budget deficit will be a top priority for his administration and said he would embark on the task as soon as he takes office on Jan 20. "Cutting the size of the federal deficit
      Agencies  -  501 words
    • Article
      Lock icon Vietnamese withdrawal key to Cambodian settlement: Li Peng
      401 22 AFP MILITARY assistance to all parties in the Cambodian conflict should be phased out once Vietnam begins a genuine withdrawal of its troops, said Chinese Premier Li Peng yesterday. Speaking at a news conference in Wellington, near the end of his five-day
      AFP  -  401 words
    • Article
      Lock icon Fijian Cabinet approves aid plan
      232 22 AFP THE FIJIAN CABINET yes- 1 terday approved a ninepoint plan to improve Melanesian access to commerce and industry in an effort to bridge the economic gap between indigenous Fijians and other ethnic groups. The plan, announced af- ter a Cabinet meeting in Suva, comes
      AFP  -  232 words
    • Article
      Lock icon Comex gold and silver
      94 22 Reuter COMEX GOLD FUTURES rose in early trading yesterday, following a rally in London fuelled by the Iranian oil minister's statement that Opec will end its talks today with an agreement. Trade selling capped early rallies which gained momentum as buy stops were triggered at U*****.50
      Reuter  -  94 words
    • Article
      Lock icon Japanese opposition calls for Miyazawa's resignation
      260 22 Reuter JAPAN'S main opposition parties yesterday called on Finance Minister Kiichi Miyazawa to resign because of alleged contradictions in his statements about a share scandal in which he has been implicated. "We will never be convinced unless Finance Minister Miyazawa resigns." Shun Oide, chairman
      Reuter  -  260 words
    • LATE FILE
      • Article
        Lock icon 'Viet vessel fired upon'
        41 22 AFP A CHINESE warship opened fire last Saturday on a Vietnamese naval vessel in the contested Spratly Islands, the Vietnamese Foreign Ministry said yesterday. It did not say whether there had been any victims or damage AFP
        AFP  -  41 words
      • Article
        Lock icon KL and Beijing sign pact
        46 22 Bernama MALAYSIA and China yesterday signed an agreement in Kuala Lumpur on the setting up of a joint economic and trade commission. The agreement is the fourth pact signed between the two countries since they established diplomatic relations in 1974. Bernama
        Bernama  -  46 words
      • Article
        Lock icon Longer stay for US bases
        53 22 AFP AUSTRALIA and the US have agreed on a 10-year extension of their accord to maintain two joint military bases in Australia. Prime Minister Bob Hawke told Parliament yesterday that the new arrangement for the bases replaced agreements which either country could cancel with a
        AFP  -  53 words
      • Article
        Lock icon Tokyo defence budget rises
        57 22 Reuter THE JAPANESE Cabinet yesterday approved a big wage rise for the country's armed forces, lifting defence expenditure even further beyond the controversial one per cent of GNP limit breached last year. Kyodo News Agency said the pay increase would take the defence budget to 1.023
        Reuter  -  57 words
      • Article
        Lock icon Hint of possible deal on oil output
        39 22 Reuter IRANIAN Oil Minister Gholamreza Aqazadeh yesterday said in Vienna that Opec ministers could reach agreement on a new deal by today to rein in overproduction and support world petroleum prices Reuter
        Reuter  -  39 words
      • Article
        Lock icon Bangkok agrees to request
        35 22 UPI THE THAI government yesterday agreed to a Burmese request to stop Burmese dissident students in Thailand from joining armed rebel groups along the ThaiBurmese border, officials in Bangkok said. UPI
        UPI  -  35 words
      • Article
        Lock icon N Korea calls for talks with US
        37 22 AP NORTH KOREA yesterday called on the US to agree to direct talks on improved relations between the two countries and a relaxation of tensions on the Korean peninsula. AP
        AP  -  37 words
      • Article
        Lock icon Manila Senate hits out at accord
        37 22 AFP THE PHILIPPINE Senate has denounced last month's agreement between Manila and Washington on US military bases in the country, charging that it violates a constitutional ban on nuclear weapons AFP
        AFP  -  37 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      253 17 CURRENCY INVESTMENT AMERICAN KXPRISS HANK TEL: 321 3333 At Carlton's Lobby Lounge Bar we combine priceless chann with sensible prices. V •I who come r us again ar friendly pL j they're km who can w feel this is So our lou are not onl I Hotel lounge bars can
      253 words
  • Page 17 Miscellaneous
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      484 20 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND IN THE MATTER OF ADP ENTERPRISE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Xb)) At an Extraordinary General Meeting of the Company held at 14th Storey, 2 Mlstrl Road, Singapore 0207 on 15 November
      484 words
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      Page 20 Advertisements Column 2
      287 20 In the Matter of the Companies Act, Cap. 50 And In the Matter of Jurong Computer Supplies Pte Ltd (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 102 Upper Cross Street #07-02 OG Building, Singapore 0105 on 17 November 1988
      287 words
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      Page 20 Advertisements Column 3
      158 20 TAN KWONG HUAT COMPANY (PTE) LTD (Incorporated in the Republic of Singapore) (Members' Voluntary Wind-Up) Notice is hereby given that pursuant to Seciton 308 of the Companies Act, Cap. 50, the Final General Meeting of the Company shall be held at 38-B Hong Kong Street, Singapore 0105 on 28th December
      158 words
    • Advertisement
      Page 20 Advertisements Column 4
      58 20 Chart Point every Saturday GLOBAL CITY GLOBAL BUSINESS Give us your thoughts and win a management course in USA, Switzerland or Australia. Send your entry in not more than 1,500 words to: BT/DHL rtminn—man of the Year Working Committee do DHL International (Singapore) Pte Ltd 232 Tat\jong Rhu Road, #03-00
      58 words
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      310 21 UNIVERSITY OF EAST ASIA if:,-. THE EXECUTIVE PART-TIME MBA .•*1 THE UNIVERSITY THAT KNOWS ASIA THE EAST ASIA SCHOOL OF GRADUATE STUDIES OFFERS 3 I NIQI E PROGRAMS For practical career minded professionals who do not wish to study overseas or interupt their career. Degree of MASTER OF BUSINESS ADMINISTRATION
      310 words
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      184 22 to'THE r **k Centre* You are invited to do business at SINGAPORE INFORMATICS '88, the largest and most important information technology exhibition in the Asia/Pacific region. The exhibition occupies close to 20,000 sq. metres (215,000 sq.ft) in three halls at Singapore's World Trade Centre. On show are products and services
      184 words
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      Page 22 Advertisements Column 2
      139 22 FOCUS, PAGE 11 Thorn burgh: a vote of confidence Cavazos: schooled in minority ieeuee Solution could •xciudo Khmor Rougo, PAGE 4 QUALITY BEFORE YOUR EYES m o*"* ii mm < ias i i /jI/ /1 /////y// 'i! I \TTTTTTT\T ill it \\\\\\\W \\\\\\\\v We have6oosolutions for every eyeconditioa The ways
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  • SHIPPING TIMES
    • Article
      Lock icon Indonesia plans shipping exchange
      116 23 AFP Reuter INDONESIA plans to start a freight information and brokerage service in Jakarta for domestic and international users, along the lines of the Baltic Exchange in London, said Indonesian Trade Minister Arifin Siregar. The government has mandated the Indonesian Commodity Exchange Board to establish the
      AFP; Reuter  -  116 words
    • Article
      Jappercon to raise rates by US$200/TEU
      367 23  -  By JEAN FOONG THE JAPAN-PERSIAN Gulf Rate Agreement (Jappercon) will, from Jan 1 next year, remove the temporary additional risk surcharge (TARS) and increase freight rates by US$2OO per TEU. This fifth stage of rate restoration for shipments to Arab Gulf Ports is rn
      367 words
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      Lock icon Sri Lankan Navy suspects fake pirate attacks
      234 23 Lloyd s List THE SRI LANKAN Navy has stumbled on what it believes is a fraud by some foreign vessels anchored outside Colombo harbour in which goods are smuggled out and attacks by pirates are feigned, port officials said. Vessels waiting for berths
      Lloyd s List  -  234 words
    • Article
      Lock icon Shipping lines agree to tighten drug security on ships
      280 23 Agencies AN ASSOCIATION of Latin American shipping lines has agreed to tighten security on their ships and in their terminals as part of a US-sponsored programme to halt the flow of drugs into the United States. The agreement signed between the
      Agencies  -  280 words
    • PORTSIDES
      • Article
        Lock icon FEFC amends CAF
        66 23 Reuter THE Far Eastern Freight Conference is changing its currency adjustment factor (CAF) from West Germany and Benelux countries to 64.5 per cent from 60.5 per cent. The CAF for West Germany and Benelux should be adjusted for a European Area Differential of minus 5.38 per cent
        Reuter  -  66 words
      • Article
        Ship collision at Balboa port
        60 23 THE PANAMANIAN vessel Altairt, 2.314 dwt, was in collision with a Liberian chemical tanker Stolt Sheaf while entering Balboa port, Panama, on Nov 20, Lloyds Shipping Intelligence Service said. The 8,923 dwt Stolt Sheaf, bound from Los Angeles to Rotterdam, was proceeding from the port
        60 words
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      Lock icon Cuba's first dock to open in February
      138 24 AP CUBA'S first port with docking facilities for 150,000-ton oil tankers will open in Matanzas Bay in February, the official Cuban news agency said. The US$6O million port facility will be able to handle three tankers simultaneously. said a Prensa Latina report monitored
      AP  -  138 words
    • Article
      Lock icon Japanese yards received more orders in October
      171 24 Reuter JAPANESE yards received foreign orders for 16 ships totalling 341.740 gross I registered tons (grt) in October, up from four ships of 142,800 grt in September, the Japan Ship Exporters' Association said. October orders compared with 10 ships of 343,450 grt a
      Reuter  -  171 words
    • Article
      INDEX TO ADVERTISERS
      1123 24 A Waft Mor n* n 2 AB Shpg V 5 ABSS Shpg XI 1 ABC CoMomaf n 1 Accord ShOB VI 3 Adrich Shpg VI 1 Ahrankiai latar l 4 Alltrons V* 9 AC Toaptar n s Aaancon Tpt i 4/5 A/uo Sarvca IV 2/3 Arrow laias
      1,123 words
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      Lock icon Spanish strikes to continue
      152 24 Reuter SPANISH dockers will continue until January a series of sporadic strikes that begun three weeks ago to press for better working conditions and implementation of earlier agreements, the main dockers' union said. Sarti Rovira. head of the State Coordination of Port Dockers (CEEP) said the
      Reuter  -  152 words
    • Article
      Lock icon Stitching up the last loose ends of USL
      338 25 Seatrade Week SEVERAL loos© ends stemming from the demise of United States Lines after that carrier filed for protection under Chapter 11 two years ago, are in the process of being sewn up. An agreement between USL's former stevedore in Savannah. Ga.
      Seatrade Week  -  338 words
    • Article
      Panamanian ship sinks off Philippines
      95 25 THE PANAMANIAN vessel Maria Pilar sank off Cabugao. northwest Philippines, after seeking shelter from a typhoon, Lloyd's Shipping Intelligence Service said. The 6,316 dwt vessel, with 21 Filipino crew members and a cargo of logs, was sailing from Malaysia to South Korea through the Balintang
      95 words
    • Article
      Ship prices must match equipment costs
      498 25  -  By VONNIE BISHOP EFFORTS to increase shipbuilding prices gradually are necessary to match increases in overheads and equipment according to Mr K S Choi, the president of Samsung Shipbuilding Heavy Industries of South Kores. Speaking on the final day of the Seatrade Conference in
      498 words
    • Article
      Lock icon Rotterdam-Antwerp pipeline closes
      92 25 Reuter A PIPELINE linking oil refineries in Antwerp to the Dutch port of Rotterdam was closed after a leak was discovered. The Belga news agency said in an unsourced report that an ESSO refinery at the Belgian port had been forced to import oil by ship from
      Reuter  -  92 words
    • Article
      LONDON FREIGHTS
      1279 30 MOST CHARTERING on Monday was confinad to ttve timecharter and coal sectors of tha freight market with fresh voyage fixing for grain from the US very slow to develop, shiptorokers said. A 64,000 tonner was booked for a time-charter trip from the Continent to Japan via the US
      1,279 words
    • Article
      SHIPPING LIST where your ships are due... and when
      7527 30 AANHUB Aiei Uant. Mhi» Lme. No* 24 Tolaga Bay Triot Nov 25(MQ. Vlli. a. Marcura CM D Afretlement No* 27 Ming Prnepartty Yang Ming No* 27 Nlhon, ScanOulcht No* 2B Qtu Ha. China Ocaan No* 20 E*« Oroup E*w|ra*i No* M
      7,527 words
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      SHIPS IN PORT
      1249 30 AT CONVENTIONAL WHARVES a niJra Im> Sooudra Jl O<O«QS<«« 23II7300 VmmI Berth Arrival Depertur. nl! !S KEPPEL WHARVES *T~ *T" 2!!™ Aneka K33 alonat.de M 11 tWX) Shongrla OK>ngw»e 23II7300 rS ao2S£ 24 07m W* So-oyo J3 ok>«g*d. 23U0500 *15 ?25 Oo—Mor.n. 93 17 23II 1730 2«II7300
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    • Article
      Lock icon WEEKLY FREIGHTS
      770 34 AFP RUMOURS of Soviet chartering activity boosted rates on the dry cargo market over the past week, traders said Monday. The Biffex (Baltic International Freight Futures Exchange) index closed the week at 1,492 points, up a hefty 58 points. Soviet charterers were rumoured to have taken around 10
      AFP  -  770 words
  • Page 23 Advertisements
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      669 23 V MMM Ki TIMES STP Distributors Tnwi PuMaAmg Croup OOCL Dedicated to Quality Service %%l JAMOMIE »Mimw ascncki \lVwtr 200 Cantonment Road. #12-05 SouWpomt SmgaDon 0206 ■fffma TH *****11 Ttlei «S ***** FacsimM *****09 I' IWQfltl fl TERMINAIXFS T* *****11 *****19 *****20 i A FOR CUSTOMER SERVICE INQUIRIES AND BOOKINGS
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      Page 23 Advertisements Column 2
      74 23 CUBA'S first port with docking facilities for 150,000-too oil tankers will open in Matonzas Bay in February, the official Cuban news agency said Page II SEVERAL loose ends stemming from the demise of United States Lines after that carrier filed for protection under Chapter 1 1 two years ago, are
      74 words
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      Page 23 Advertisements Column 3
      853 23 Sl** m SI)CCE CfM" MAERSK LINE 1 THE DETERMINED UNB Thit Me* AXEL M Closing Tm CV 23/11 2300 HRS CFS 23/11 1300 MRS To Europe UK Scandinavia Finland Th« mt AM M Ckwng Tuna CY 23/11 2300 MRS CFS 23/11 1300 HRS To Mediterranean Sea AiG BCN VLC Tfw*
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      646 24 ff Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO: AIL UK INLAND DESTINATIONS. BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT n VOY NO HAMBURG BREMER HAVEN R OAM/ I SOUTH- 1 KAOANTWERP LE HAVRE AMPTON P KELANG S PORE HONGKONG
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      Page 24 Advertisements Column 2
      77 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. Z3 CSAV Corrpjnu Sud American j dc Vjpcrcs S A PYPPBS SERVICE TO/FROM CHILE FEEDER (SPORE I HOT Ml* VtSStl VESSEL CSAV I VHU C VES»L CSAV 2 2001 HH TOKOMHCAKKJ ANTOFVALP SAI
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      Page 24 Advertisements Column 3
      627 24 ANNOUNCEMENT Lloyd Triestino di Navigazione S.p.A. of Trieste, and Harpers Shipping Pte Ltd. announce that they have decided to discontinue the association which exists between the two companies in Singapore. Both parties have come to the understanding that the future development of each might give rise to situations of conflict
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      1319 25 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROGRESS VSttN 20-25 No* 20-21 no* PEGASUS PIONEER VOW No* D« BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL: *****80 SINGAPORE TO SABAH. SARAWAK AND BRUNEI AI»o Accepting Cargo
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      Page 25 Advertisements Column 2
      63 25 AT 2 AM I I I I STATUS OF YOURCARGO With Eagle Voice, oil the information you need on the current status of your shipment is at your fingertips. 24 hours a day. The information is constantly updated each time your shipment is handled. So, the moment we know, you'll
      63 words
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      Page 25 Advertisements Column 3
      116 25 EUROPE General Agent USA/PANAMA iTTI LMMR SEN EF K< 27.11 CTAIJ TOR TMTISER EFNI 11.11 OCHM ivn |E1 rMH ser ef m tr.it LINIE m E SE> EF m ,7J ait iiji an >7Ji MJi i7.li iiji an an Z4ji ail SMI M MM ua na FiMfEAM sen ma ki
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  • Page 26 Advertisements
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      577 26 IXSINOSE MARITIME PTE LTD Singapore Loading tor:IRAN MAHALLATI PJL»6 22 Nov BANDAR ABBAS TTyowT KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI KYOWA VIOLET V 22 KYOWA HIBISCUS V 34 LOAD FOR VILA. NMA LTK. SUVA PAGO APIA VILA. NMA LTK. SUVA PAGO. APIA CUAM/SAIPAN SERVICE OCEANIA EXPRESS V-23 OCEANIA EXPRESS
      577 words
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      Page 26 Advertisements Column 2
      661 26 LINE FULLY CONTA] NERISED SERVICE tlillY CONIAINIfi&D 10 FROM NOR'H AMIRICA WIS! COASj CONVbNTIONAL SERVICE TO PERSIAN GUI F GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M (9 Unn) FAX NO: *****69 HAN JIN H A JUL CONTAINER LINES, LTD. OUTBOUND SERVICE TO U.S.A. To: PACIFIC SOUTH WEST
      661 words
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      Page 26 Advertisements Column 3
      134 26 ri m TTTTT SOU THE ASTASIA PTE. LTB. international freight forwarders GUARANTEE WEEKLY CONSOL 1 1 11 HA INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA Ag.n» SHARIKAT TRANS-ORIENT SDN. BHO. SINGAPORE *****10, *****56 PORT KELANG: *****94/5 FAR EAST MAURITIUS/SOUTH AFRICA SERVICE REGULAR FULLY CONTAINERISED EXPRESS SERVICE S
      134 words
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      Page 26 Advertisements Column 4
      971 26 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) ALSO ACCEPTING LCUFCL FCL/FCL TO GOTHENBURG. AARHUS COPENHAGEN OSLO STOCKHOLM HELSINKI BREMEN BREMERMAVEN VIA HAMUIC LONOON SOUTHAMPTON MANCHESTER. (IRMINGHAM LIVERPOOL GLASGOW VIA FEUXSTONE AMSTERDAM VIA ROTTERDAM US WEST COAST INBOUND OUTBOUND FEEDER VSL SGP MOTHER VSL EVER
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      Page 27 Advertisements Column 1
      1053 27 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE SIN a/11 My 11 1/12 7/12 14/12 JKT 25/11 2/12 0/11 0/11 IS/12 VESSEL sa HAWK SEA HAWK QOWA SEA HAWK SEA HAWK VOY VESSEL KOTA MELAT) SEA GLORY KOTA
      1,053 words
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      Page 27 Advertisements Column 2
      431 27 \rm BEN LINE 1 CONTAINERS TASM AN JEBSEN NEW ZEALAND LINE TO NEW CALEDONIA. FIJI AND NEW ZEALAND SIN MAIN LINE 30/11 ER BRUSSELS 3S 12/12 ER BRUSSELS 3S 23/12 TA NAVIGATOR VI til TA 1 FROM NEW ZEALAND MAIN LINE AKL NAP TIM TGA MKG(TS) SIN AdtITAS 3N 111
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      Page 27 Advertisements Column 3
      469 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES VSI/VOY LJ. BONTANG/ISWB SRIWIJAYA/25W8 KUTAI/16WB ANTWERP H BURG/ RDAM/ADAM BREMEN 26/1 1/2 6/2 23/2 26/2 Dys|#cl lo Indueill. Also icctptlno catqo lo Cmbiinci. Port SaM, Port Alexandria, Qawoa,
      469 words
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      Page 27 Advertisements Column 4
      390 27 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok PAGAN VI33W 22/24 No* HTONEYWA V24OW »30 No* MAN VWW X Nov/2 Dk BANK LINE SOII-CONTAINER SERVICE NORTHBOUND TO UKC TAMAITAI SAMOA VI4N FORTHBANK V23N IVYBANK V23N SPORE ROAM HULL HM» 9/12 5/1 13/1
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  • Page 28 Advertisements
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      1008 28 Q KAWASAKI KISEN KAISHA, LTD. 'K'linb N. AMERICA-ATLANTIC COAST ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE VOY LB 10 15/10 SGP 'PK/PNG *INDO 24/11 26/11 27/11 1/12 3/12 4/12 8/12 10/12 11/12 15/12 17/12 18/12 N. AMERICA PACIFIC SOUTH-WEST N. AMERICA PACIFIC NORTH-WEST MOTHER VESSEL TOWER BRIDGE BAY BRIDGE
      1,008 words
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      Page 28 Advertisements Column 2
      744 28 'M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Kelanj Penan| Loading tor Mother Vsl By Feeder By Feeder TUISIDAS V.31 X Nov Fr KAIiDAS V4O 1 Jan 24 Dec 2* Dec Fn TULSI DAS *39 27 Jan 20 j ln 20 Jan Fm KALIDAS *41 28 Feb 21
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      Page 28 Advertisements Column 3
      638 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD r\ Til** Aw#f Strut SINGAPOUe 01* TEL 5343M1 (10 LINES) Fa. SM3S* STRAITS/PERSIAN GULF SERVICE: OOIOCN HAVtN Colombo Kirachi Dutw Dimmar GOLDEN BEAR Colombo Ktrtcl>< Dub*. CHINA SERVICE A VESSEL hu*n(pu Sfungtvn Spore PKeUng Penjiw 27/ a Nov 11/20 Dac •fim CHINA OCEAN
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      Page 28 Advertisements Column 4
      418 28 r a/11. 2/12 (02. 14/12 PHILI Oni€NT UN€5 PT€ LTD HEAO OFFICE 63 ROIINSON ROAD >07 12 AFRO ASIA BUILDING SINGAPORE 0106 TELE* RS ***** PH<U FAX *****^6 EAST/FAB EAST FCL ft LCL SB VICE ETA SINGAPORE DESTINATION DUBAI DAMMAN KUWAIT. DOHA. MUSCAT BAHRAIN ABU DHABI i SHARJAH NEW CCNLORD
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      794 29 NEPTUNE ACENCIES PTE LTD I General Enquiries: Tel: *****77 Ttnrnnal CrS BOOKINGS *****22 *****53 NEPLINE SON BHD 3UW7 NEPLINE SON BHD. *****3 \\NEPTUNE ORIENT LINES LTD KKS:St. —w W W J Mwu NEPLINE SON BHD 23W0/23W1 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A member ACE con^um TO EUROPE/UK (VIA SUEZ):! spor.
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      Page 29 Advertisements Column 2
      471 29 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P. KELANG, PENANG, KEELUNG. BUSAN, INCHON STRAITS/KOREA SERVI Vessel's Name ETO BS S PORE PKLC REE 'DRAGNET 803N 15/11 24-15/11 2S-27/11 5/12 NO 9 DONAH/HOW 20/11 01-03/12 04-05/12 12-12/12 15-17/12 TGLORIA/113N 23/11 04 05/12 06-06(12 13-13/12 11-20/12 NO 8 OONAM/»ON 02/12
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      Page 29 Advertisements Column 3
      659 29 W 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 ***** PENANC P KELANC MESSRS HAI THONC SHIPPING 127 Penang Street. Penan* Malaysia M/S HANDLING SYSTEM CO
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      302 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 Uncs) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LINES i /tn rf UTFRACHT SEEREEDEREI ROSTOCK 4 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA lAJNACA ACCEfTING CAMO FOR UMASSOL. BEIRUT.
      302 words
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      Page 30 Advertisements Column 2
      135 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL TO TAIWAN JAPAN KABUKI VU S ACCORD VU CONTINENT Vlt MCMKS ACE VU KABUKI VU HaaaHHHyaa EaßmaQaQaßaQassißaQii 1 tjyaHQHtaauQ uaaaauaaati *W««kly LCL mtvlcm to KjoHiunf. Keclung. Tokyo *nd Kobe FROM JAPAN TAIWAN Q2g Q C2ll2j|Csl EH U2* B* m bji mI
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      146 30 I Regional Weather 1 yji SRI vr It vr 0R '4 j, (K u SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJA. Nov 23, IMS R TSorKJefstcxTi •<- X\ n SKo»«« w 'o ,h < Wod (ktct«on speed r fcnon Ron LJ Cloudy Sk, W ,,h^W Wo<« .U>d< Kvdxo'M) by
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      512 31 m ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND V 9. TNT Ejiprra W UJI2 I*l2 I 25/12 L Mu*( 215 I 3*12 7/1 11/1 •rwMia; 22/1 I J*l I w Anhnrpon ZU I 7/2 13/2 11/2 IX DATS TO MELBOURNE! TO USA/CANADA VS. TNT tipran 214 11/12 I Nudif Zli Inaw
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      Page 31 Advertisements Column 2
      286 31 CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fa*: *****61 Orient Bulk Line INDEPENDENT EOREST PRODUCTS SERVICE TO EUROPE S pore K Lumpur Mewah Shpg Sdn Bhd Tel *****88 *****67 JUNO SHIPPING PTE LTD OFFICE: 11, KEmi ROAD 002-03 K£PPEL HOUSE SINGAPORE $m TIMBER/BREAKBULK SERVICE HKG
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      Page 31 Advertisements Column 3
      606 31 WEEKLY CONSOL SERVICES U.S.A. LOS ANGELES 1/12/88 AUSTRALIA MELBOURNE/SYDNEY 28/11/88 FAR EAST SI BUSAN 28/11 BANGKOK 26/11 HONG KONG 26/11 KEE/KAOH 30/11 CALL BOOKING HOTLINE FOR BEST RATES 2 2 3 3 12 2 TEL *****88 TELEX ***** CFSIN FAX *****88 PLUSCOL MENAWm PTE LTD PEL 223 9988 THE BEST
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      Page 31 Advertisements Column 4
      190 31 r, Tatsumi Marine DMECT BANJNQ TO PAPUA NEW GUINEA (ACCEPTING BREAKBULK) Direct call to other ports subfect to inducement (also accepting transhipment cargo OROBAY MADANG. KIETA. WEWAK KIM BE RABUAL via LAE) PTE. LTD a 5 NAVKGACION (CHILEAN NATIONAL LINK) GREAT ANDES SERVICE Ml FLORtANA VMS IQUtQUC VALPARAISO SAI IMB
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      Page 31 Advertisements Column 5
      319 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****44 9 LINES) FAX: *****90 4> c n an iIJ »II Ojjjf j—l n q. Algerian National Line S PORE LOADING FOR KSAR ETTIR In Pt ALGIERS. ORAN. SKIKDA, ANNAB4 MV BISKRA 2S/12 ALGIERS. ORAN. ANNABA. TUNIS ALL VESSELS ACCEPTING FCL CONTAINERS
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      579 32 m FINE-LINER SHIPPING PTE LTD /O Shenton Wiy. 04 02C Mirinj House Spore 070/ TEL 2?***** (8 Lines) TLX RS ***** FLINER FAX *****56 EUROPE SERVICE (FCL LCL) IfTTTH wu iwu zi/12 am a/u x r W ff S FAR EAST SERVICE (FCL LCL) "i •JH, WWW 11/12 12/12 Vl2
      579 words
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      Page 32 Advertisements Column 2
      793 32 ZIM FULL CONTAINER SERVICE accepting FCL/ICL carfoet to USA East t West Carribbean.Eatt Canada. HAITI. Coata Rica. El Salvador. GuatamaU Hondurai Venezuela. Peru. Ecuador Cotanfca via Miami Trinidad. Barbadot Antiaua St Lucia. Montsarrat Guayana via Kinfiton i im i|| IB ill iM AUSTRALIA CONTAINER SERVICE ACCEPTING CAR6O TO AOELAIOE VIA
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      Page 32 Advertisements Column 3
      316 32 Everett Lines LOADING FOR CALLAO. MAT ARAN I. ILO* ANO ALL OTHER CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P. Kelang* Singapore HUGHEVERETT Gbn K2l/23 No* K ROSEEVERETT IS Dec K K MANOLOEVERETT 17fll Dec 5 'EVERETT ORIENT LINE" (L JAPAN/BAY OF BENGAL/JAPAN SERVICE K ALSO ACCEPTING CARGOES
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      432 33 Seabrfdgfe INTERCONTMENTAL LINES samcEs 112E231 I. YERMOSHKIN S. GOLUBKINA V2O-«BW| DESTINATIONS TORCHUNOI. HAIRATAN. KABUL. TEHRAN. DJULFA t BAGHDAD OZES3I HUNGARY POLAND, ROMANIA. ISTANBUL. E. BERLIN 6 ALL INLAND PORTS BULGARIA. AUSTRIA. YUGO. CZECH, SEABRIOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM. RTM. L. HAVRE.
      432 words
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      Page 33 Advertisements Column 2
      302 33 Consolidation Service SIN: 30/11 PT MORESBY/LAE PACIFIC ISLANDS SIN: 30/11 NOUMEA/PT VILA/SUVA/ PAPEETE MAURITIUS REUNION ISLANDS SIN: 4/12. 28/11 PORT LOUIS/REUNION TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CON AKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA TTA Freight Pte Ltd Tel: *****55 tlx rs ***** JAVELIN SHIPPING PTE LTD TEL *****55/*****56
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      Page 33 Advertisements Column 3
      559 33 TIL: TJ3t4ll FAX: *****47 TELEX: RS ***** SKHST lcl/fcl service DESTINATION BANGKOK PORT KELANG HONG KONG. CHINA PORTS KEELUNG. KAOHSIUNG MANILA BUSAN KOBE. TOKYO SYDNEY. MELBOURNE. ADELAIDE. BRISBANE DUBAI CHITTAGONG LOS ANGELES ETA S PORE 25/11. 6/12 26/11. 3/12 24/11, 30/11 29/11. 4/12 28/11, 4/12 1/12, 11/12 26/11, 11/12 7/12,
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      Page 33 Advertisements Column 4
      587 33 GLORY NAVIGATION GROOP REGULAR LINER SERVICE TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES' y MU. P* BIW KAOH GLORY SfLATAN IX Voy 80 11 Nov li No* GLOffV SfLATAN VII H Nov V Nov 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN
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      Page 33 Advertisements Column 5
      418 33 PTC CONTAINER LINES FCI ICI SERVICE WC GfAJuP UN FM EAST 29/11 KEELUNG/KAOHSIUNG 27/11 BANGKOK 26/11 MANILA 26/11 JAKARTA 26/11 PORT KELANG/PENANG 1/12 BUSAN 29/11 TOKYO/YOKO/KOBE 26/11 HONG KONG also accepting cargo to Huangpu/Shenzhen/ Fuzhou Xiamen/ Xingang/Shanghai SIN EMMPt/IK 27/11 RDM/HAM/ANT/LE HAVRE/GENOA 27/11 LDN/FLX/LVP/SOU sin nu/wuM 27/11 L.A./NYC/SFO 29/11 VANCOUVER/TORONTO/MONTREAL
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      452 34 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX HS ***** RS ***** A I \M I k\ \K I l\l K III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! Senbofcu Funabashi •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN CHINESE PORTS, SUBJECT
      452 words
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      Page 34 Advertisements Column 2
      195 34 COLUMBUS LINE REEDERE! GMBH Y(A SERVICE OF HAMBURG SUD) |f EXPRESS SEMkCOWTAfCF S£R\OCE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) I SPORE TAYBANK VSS 4/12 Port Moresby, Lae, Rabaul. Kimbe COLUMBUS NIUGINI V2S 11/12 Port Moresby, Lm, RabauJ Accepting LCL cargo for main ports discharge and also to Wewak, SOCIETE MAURICIENNE SMN
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      Page 34 Advertisements Column 3
      172 34 w P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****54/*****70 'rTT~,~ 'T» r _W ;.t. VSL VOY
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      Page 34 Advertisements Column 4
      705 34 Daw CALL US AT: P. KELANG PENANG J. BAHRU P GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEOCR n7T rrn *****53/*****11 04-*****2/4 *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 !»1 !'!.M M.12 I ul2 «n oi oi BREMERMAVEN COPENHAGEN. HELSINKI. MALMO OSLO. STOCKHOLM UK FROM
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