The Business Times, 28 November 1988

Total Pages: 34
1 34 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, NOVEMBER 28, 1988 75 CENTS
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  • 433 1 Reuter OPEC NEGOTIATIONS on a new oil production package ran into a last-minute hitch yesterday when Saudi Arabia sought to introduce a mechanism to set a floor price of US$l5 per barrel. Delegates in Vienna said the sudden attempt to
    Reuter  -  433 words
  • 402 1  -  By ANNA TEO THE NEW Strata Titles Boards, which became operational from Sep 15, have received their first application. A Loyang Valley condominium resident filed an application on Nov 1 under section 103 of the Land Titles (Strata) Act, which provides for the boards
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  • 442 1  -  Export demand falling, wage costs rising By JOHN TAN FACED with lower export demand and tighter control on foreign workers, the growth of the textile and garment industry is expected to slow down even further next year. Though this year's estimated growth rate
    442 words
  • 406 1  -  By ALVIN TAY, Financial Editor FOLLOWING their bitter home loan war earlier this year, major local banks are now switching their attention to the financing of commercial and industrial properties. The trend comes amidst a higher demand for such units while the
    406 words
  • 147 1 Reuter JAPANESE Prime Minister Noboru Takeshita yesterday said he had full faith in Finance Minister Kiichi Miyazawa. who has become embroiled in a share scandal involving a number of senior politicians and officials. Opposition parties last week called on Mr Miyazawa to resign following alleged discrepancies
    Reuter  -  147 words
  • 214 1 AFP CHINA is negotiating with major aircraft manufacturers worldwide in a bid to obtain the technological know-how to build the first all-Chinese passenger jet, the official press said yesterday. Starting virtually from scratch, the overseas partner will be required to help design, build
    AFP  -  214 words
  • 129 1 AFP TIBET is becoming an enormous Chinese military camp. West German politician Petra Kelly said during a visit to New Delhi, according to a Press Trust of India (PTI) news agency report yesterday. Ms Kelly also accused Europe and West Germany specifically of turning
    AFP  -  129 words
  • 317 1  -  By LONG SHIH ROME PROPERTY COMPANY Hong Fok is negotiating with several parties to sell its Fortress Tower in Hongkong, five months after it rejected the highest bid of HKS62O million in a public tender as too low. Sources said its
    317 words
  • 109 1 Bernama-Xinhua NEW CRITERIA for investment, emphasising decentralisation of industrial projects to provincial areas, were approved early this month by the Board of Investment of Thailand (BOI), according to the latest news bulletin of the government. The bulletin said Thailand's rural investors would gain greater benefit
    Bernama-Xinhua  -  109 words
  • Page 1 Advertisements
    • 402 1 Need a car or truck loan? W\YR)ON(. 737-7977 AJH Mortgage And finance (S) Ltd A wholly-owned subsidiary of Mongkon^Bunk (t Claymore Hill #03-01 Claymore Plaza Singapore 1W22 MANAGEMENT HOW SHOULD A businessman organise his business so that his management becomes more effective as the business expands? How can a businessman
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    • 230 1 Company News Superpower bases 4 Hanoi and Manila to hold talks Taiwan economy 4 GNP growth target may not be met Arafat refused visa 6 US move angers Arab world NKK Corp 9 Tapping the Asian dollar market Central bank intervention 9 Increasing in sophistication Fiat group 11 At the
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    • 195 1 099 Official Typewriter Supplier of the 1988 Olympics brother AND CONSTRUCTION A BT Special Supplement Intelligent buildings. The office building of the future. How different are they from today's structures and just what are they supposed to do? Read all about them in a 28-page Business Times property and construction
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  • Page 2 Advertisements
    • 382 2 Good ideas keep coming up Team up with the winning force in fax. I^l v I 1- tma JT >vm < w >. *1 Wmm 11 '-V- T. V: '\V. y'- Z£- I a: i- v* 4 v.**Jo smMmMSk' M ~«i&2 'Tttl S-r4 v "LflU m s _<£ Jo 3
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  • MANAGEMENT
    • 1068 3  -  Spotlight on Management By ANTHONY CHEONG Anthony Cheong is a senior manager with an international accounting firm. THE PRIMARY CAUSE of business failures hes generally been the 'acfc of management exper hee The need lor management eipsrtee becomes increasingly mpoMant es the buemees
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    • 597 3  -  By ANDREA BORCH BOARD MEMBERS of Singapore companies generally do not have much awareness of their responsibilities, says a corporate executive who is director of many companies. "Regrettably, not all recognise their responsibilities," said Robert lau, the chairman of Memorex, at a conference on
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  • Page 3 Advertisements
    • 60 3 [Fas'ikrn::wKrSl Specialists n Fine Harul-kn>tted Carpets mid-week evening Auction Sale Wednesday, November 30,1988 Qrand Ballroom Hilton International Singapore .srr> r y <or-; o ,o •o* f o 'I si.' O o o .o o 'O o o -I'Viewing cocktails: 4pm 7pm Auction Sale: 7pm 8.30pm Auctioneers: Cheong Koon Seng (CKS)
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    • 192 3 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
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  • ASIA-PACIFIC
    • 424 4 Reuter VIETNAM says it will discuss with the Philippines the possible removal of superpower military bases from their countries, according to an interview published yesterday in a Manila newspaper. Vietnamese Deputy Foreign Minister Tran Quang Co was quoted by the Manila Chronicle as
      Reuter  -  424 words
    • 357 4 Reuter TAIWAN, faced with slowing exports and domestic investment and possible appreciation of its dollar, may not achieve its gross national product (GNP) target for the first half of 1989, economists and bankers said. The Bureau of Statistics on Friday set GNP growth
      Reuter  -  357 words
    • 230 4 AFP JAPAN is expected to achieve easily the government projection of a gross national project (GNP) growth of 3.8 per cent in fiscal 1988. which ends in March, a senior Economic Planning Agency (EPA) official said on Saturday The official based his prediction
      AFP  -  230 words
    • 262 4 Bernama THE Bth Asean-EC JointCooperation Committee (JCC) meeting to be held in Brussels on Wednesday will focus on international commodities issues, trade, industrial and investment cooperation between the two groupings. A statement from Wisma Putra said yesterday that the two-day meeting would also place
      Bernama  -  262 words
    • 146 4 Reuter, AFP IRAN, seeking access to Australian agricultural expertise. will sign an accord on economic cooperation with Canberra, the Iranian news agency IRNA reported on Saturday. It said Agriculture Minister Issa Kalantari and Australian Minister of Primary Industry and Energy John Kerin agreed after
      Reuter,; AFP  -  146 words
    • 233 4 AFP FOREIGN investment will boost Fiji's tourism industry by US$43B million over the next five years. Prime Minister Ratu Sir Kamisese Mara said in Nadi, Fiji, on Saturday. Ratu Mara said planned developments included the construction of new resorts, condominiums and marinas which
      AFP  -  233 words
    • 137 4 Reuter CHINA'S press has revealed that grain output figures of a model county near Beijing are fake and that farmers face worsening shortages of fertiliser. The People s Daily said on Saturday that Xunyi county reported its 1988 grain output at 1,625
      Reuter  -  137 words
    • 774 4 ARRIVALS Operator Sorvtc* Local From numb«f tim* RJA RJ182 1225 AMM MAS MH641 1230 KCH GU GA884 1235 CGK SU SO 203 1300 CGK S1A SQ107 1305 KUL SU SOI 1330 sfo/hnl/hkg SiA SQ109 1405 KUL SiA SQ455 1410 BWN THA TG405 1420 WCK/HKT GIA GA962 1435
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  • Page 4 Advertisements
    • 273 4 J isM na 13 VA c a THE INTELLIGENT CHOICE IN COMPUTING BC MICRO PTE LTD. At BC Micro Pte Ltd, we have the finest equipment at the most reasonable prices for your computer requirements. Regional Distributor for CAF PC/AT/386 compatibles. Top dealer for NEC printers and PCs. Solution/Software House
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    • 88 4 *****1 The business person's choice every Tuesday, Thursday, Saturday ond Sunday Leovng Chongi Airport at 22:05 hours ond arriving Heathrow earty following morrnrvg Co> your Travel Agent or A* Conoda at *****55. AIR CANADA i More profound than words... A diamond is forever. tat PETER LAI JEWELLERY i'o Deepl\ treasured.
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  • Page 4 Miscellaneous
    • 65 4 Doonesbury DO I LOOK? C/WBFA. uje're READY WHEN YOU »> UH...OKAY, HERE'S THE PEAL. IWB-NT WHAT TO WALPSN BECAUSE, KJNP YOU KNOW, TP HEARP OF REALLY 6001? STUFF STUFF? ABOUT TT... s r BY GARRY TRUDEAU WELL, STUFF LIKE THE PLACEMAN CJJTt AWESOME, STUFF UKE THAT. 50 ANYWAY... WAIT A
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  • Page 5 Advertisements
    • 130 5 o\( oi;|! DIGNIFIED ELEGANT TIMELESS DISCRETE CLASSIC UNIQUE MODERN WATCH MAKE S TOTHL G L N T R Y > s\ —©I 1 V Il?f V' The new Delirium® bracelet watch in 18-carat gold for ladies and men. A mere two point nine-five millimeters thin. Exquisitely engineered, perfectly integrated. Water-resistant.
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  • REST OF THE WORLD
    • 439 6 Reuter THE US /REFUSAL of a visa to Palestine Liberation Organisation (PLO) leader Yasser Arafat to address the United Nations has touched off angry reaction from the Arab world, including a call to shift debate on the Palestinians to Geneva. Secretary of
      Reuter  -  439 words
    • 314 6 GOVERNMENT trade negotiators meeting in Geneva last week adopted a report that delegates said reflected deep divergences between advanced and developing countries on how to work out international rules for service industries. The 12-page report, summing up two years of talks, will be submitted
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    • 258 6 AFP, FT THE URUGUAYAN government on Saturday praised the 13member Cairns Group of agricultural exporters as a possible buffer between divergent opinions on farm questions in the General Agreement on Tariffs and Trade (Gatt). Current Gatt talks known as the Uruguay round are to resume
      AFP,; FT  -  258 words
    • 156 6 AFP THE INFLATION rate is likely to rise in the US next year, forcing companies to raise salaries, wages and benefits, the Conference Board reported yesterday. The board, the main economic forecasting agency of US employers, said 1989 should bring in gradually
      AFP  -  156 words
    • 124 6 AP PRESIDENT Ronald Reagan has urged Americans to reject trade protectionism and vowed to push in December for greater US access to overseas markets. In his nationally broadcast radio address last Saturday, Mr Reagan pledged to have US trade negotiators fight
      AP  -  124 words
    • 131 6 Reuter UK CHANCELLOR of the Exchequer Nigel Lawson. facing a barrage of criticism over Britain's record October trade deficit, pledged on Saturday to keep using high interest rates as a weapon against inflation. "I have constantly given this pledge and I
      Reuter  -  131 words
    • 255 6 Reuter SOVIET LEADER Mikhail Gorbachev said on Saturday that the Kremlin had radically revised draft constitutional amendments, in an apparent compromise with critics who had said they gave Moscow too much power. The criticism was led by mass movements demanding more sovereignty from Moscow
      Reuter  -  255 words
  • Page 6 Advertisements
    • 319 6 7 "i -> 49 1 Aldo Brue Distinctly Created For Men Only. Fbf enquiries: BagliOlli Distributors Pte. Ltd. #07-03 Forum Gallena. 583 Orchard Road, Tel 734 9696 Aldo Brue Shoe* are available at: Americaya, Level one Plaza Singapura, Lucky Plaza #01-01/02 Tokyu, Marina Square Novrta Leather Lodge. Lucky Plaza #03-304
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    • 350 6 B.S.F. CANADIAN BUSINESS OPPORTUNITY SPECIALISTS Frank S. Boyd, 8.C.L., President, now in the region. He may be contacted directly in Singapore at 338-2862, Nov 24-29 or a message can be left at the Grand Hotel, Hong Kong at 3-669-331,N0v 20-29. UNIVERSITY OF T' EAST ASIA THE EXECUTIVE PART-TIME I MBA
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  • Page 6 Miscellaneous
    • 73 6 W// m -3/-4 Clear 14/08 Cloudy 19/14 Fin* 29/23 Cloudy 23/04 Clear 06/05 Cloudy 32/24 Cloudy 17/11 Cloudy 30/17 Cloudy 00/00 Cloudy 33/24 Roin 23/16 Cleor 12/09 Cloudy 07/03 Cloudy 13/08 Clear 08/-3 Rom 30/22 Cloudy 17/12 Showers 24/05 Cloudy 25/20 Cloudy Montreal Moscow Nassau New Delhi New York Nicosia
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  • Page 7 Advertisements
    • 129 7 -w > -.*4 S' J A L WHAT GOOD IS RELENTLESS PRECISION ENGINEERING IF IT DOES NOT MOVE THE HUMAN SPIRIT. THE NEW MERCEDES-BENZ 3001. THE MOST ADVANCED 4-CTLINDER, 2-LITRE CAR WITH MECHANICAL/ELECTRONIC FUEL INJECTION. MAXIMUM POWER OUTPUT OF 90KW (122 BHP). OTO 100KM/H IN 11.4 SECONDS. TOP SPEED OF
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  • MONEY AND EXCHANGES
    • 1051 8 ASIAN currencies strengthened against the dollar in a week otherwise marked by heavy central bank intervention to support the Malaysian ringgit and the launch of currency futures in New Zealand. The Japanese yen ended sharply higher as did the Australian, New Zealand and Malaysian units The Singapore dollar,
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    • 574 8 Gold Financial futures THE US Thanksgiving holiday and last Friday's closure of the New York Comex were responsible for the short trading week in Loco-London gold but the metal still managed to overcome some heavy liquidation selling in silver early last week which pushed prices as low as U*****.30. Strong
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    • 232 8 ASIAN CURRENCY average deposit rates foe the week •nded Nov 25 MO PI MCES Nigh Low IMS 7 days 8 1/2 8 7/16 1 mon* 5/» 8 9/16 2 iwmiltit 9 J/16 9 1/8 3 rmjulB 9 5/16 9 1/16 6 —hi 9 1/4 9 9 1/4
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    • 128 8 It was basically a week of consolidation for the market. The five-year bond prices were fairly steady, moving within a narrow band. The July five-year note opened at 96.71-76. It traded lower towards the end of the week, closing at 96.63-66. Profit taking also bought the September
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    • 503 8 PLR of banks at the close of business on Friday. Nov 2S, as supplied by the Association of Banks in Singapore: Indicates the average of the prime lending rates of 12 major banks In S'pore BANK PLR Algemene Bonk 6% Allied Irish Rank PLC 6% American Express
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  • Page 8 Advertisements
    • 221 8 S'MB R<ink's tteu hetui 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
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    • 64 8 Bank of India London Branch U5530,000,000 Negotiable Floating Rate Certificates of Deposit Due November 1987/89 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the six-month interest period from 29th November 1988 to 30th May 1989 the Certificates will carry an Interest Rate
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  • BANKING AND FINANCE
    • SMALL CHANGE
      • 141 9 HATS OFF to developer Teo Lay Swee for his untiring efforts to salvage his Cockpit Hotel. Last Friday, Mr Teo managed to save the 181-room hotel in Orchard Road from being auctioned off by his creditors, thanks to a $56-million loan package from Probo Pacific
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      • 100 9 Oop s... did I say 10? THE OCCASION was a luncheon talk organised by the General Insurance Association of Singapore last Thursday. The speaker was the director of the Fire Service, Lim Beng Lock. In introducing the speaker, Koh Bee Chye, the GIA president, told fellow insurers that this year
        100 words
      • 80 9 THE POST OFFICE Savings Bank could not have chosen a better site to re-locate its Tiong Bahru Branch. The new branch, which faces the Tiong Bahru market, has a 24-hour automated teller machine. And it is located just beside a 7-Eleven store, which also
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    • 432 9 Reuter CENTRAL BANKS of the leading industrialised nations have grown more sophisticated in using intervention as a tool for stabilising exchange rates and now place particular emphasis on chart factors, dealers said. "At least twice this year the central banks have been very clever in
      Reuter  -  432 words
    • 189 9 Reuter A PLAN by China to halt runs on banks by ensuring that interest on deposits keeps pace with inflation could cost the government 10 billion yuan per year, the China Daily said. The newspaper quoted government sources as saying other changes were
      Reuter  -  189 words
    • 321 9 AFP PHILIPPINE Economic Planning Secretary Solita Monsod has accused the International Monetary Fund (IMF) of seeking to reduce government expenditure as a condition for the approval of further financial support. Mrs Monsod said on Saturday the IMF wanted expenditure reduced
      AFP  -  321 words
    • 332 9 Reuter A SENIOR adviser to George Bush, signalling continuity in an important area of economic policy, said the US president-elect will stick to a Third World debt plan drawn up by former Treasury Secretary James Baker. Many debtor countries, joined by a growing
      Reuter  -  332 words
    • 684 9  -  By ALVIN TAY NKK CORPORATION has launched the Asian dollar market's biggest Japanese equity warrant issue, giving some sparkle to what would otherwise have been an uneventful year for the market. The US$3OO million issue, which was launched last Friday, also ended a three-month lull
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  • Page 9 Advertisements
    • 49 9 Congratulations to our most outstanding vendors for 1988 Borg Warner Chemicals Inc Matsushita Electric Trading (S) Pte Ltd Nichicon (S) Pte Ltd Sei Woo Rubber Works Pte Ltd AT&T CONSUMER PRODUCTS PTE LTD on the occasion of the AT&T 3rd Vendors' Day. "Partners in Quality" AT&T The right choice.
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    • 70 9 We touch Kota Kmabalu three times a week. L StW-'V, <s G i*' r. •3# r/ 1 -.A "fl* »\V 1 ~Ss m. V* .vJ* -y V r ROYAL BRUNEI'S GOLDEN FLEET FLIES FROM BRUNEI TO KOTA KJNABALU THREE TIMES EVERY WEEK DEPARTING FROM BANDAR SERI BEGAWAN EVERY MONDAY WEDNESDAY
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  • COMMODITIES
    • 150 10 Reuter INDONESIA will increase its palm oil exports to India to 300,000 tonnes a year by 1991, the official Indonesian news agency Antara said. It quoted Rustam Effendi, head of the India-Indonesia bilateral committee, as saying India would buy Indonesian palm oil
      Reuter  -  150 words
    • 959 10 AFP THE Organisation of Petroleum Exporting Countries meeting in Vienna exerted a strong influence on commodities last week. Oil and precious metal prices see-sawed as often conflicting reports emerged from the talks, with a sharp rise last Friday following news of a provisional
      AFP  -  959 words
    • 111 10 SOYBEAN futures rallied steadily all day to close on or near the highs, up 11-1/4 to four cents per bushel in moderately light trade on the Chicago Board of Trade on Friday. January settled at U557.65-3/4 after posting an 8-1/2 cent range. Soymeal futures closed US$5.2O to
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    • 159 10 THE Malaysian rubber market closed slightly steadier last week with December International One RSS buyer quoted at 271.50 Malaysian cents per kg on Friday, up 2.50 cents from a week earlier. Featureless conditions prevailed throughout the week with prices holding steady. The wet weather had little effect on the
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    • 184 10 PRICES on the KLTM dropped 27 cents lest week to close st M 519.42 per kg in light trsding sctivity. The ringgit's rise agsinst the US doJlsr snd sterling led to the weakening of the KLTM price for the first four days of the week but the shsrp
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    • 135 10 PORLA prlcoi for Nov 25 Cnid* palm oil All trodM In M$/tomo on doM vorod basis un»«M ofWwii# stotod: 9 Now 977.00 980.00 978.00 C tMM 982.50 Awt§9 978.00 Doc 990J00 987JO 975.00 987JO Jon 1007JO 1000.00 992.50 998JO Fob 1007JO 1000.00 1002.00 Palm komol oi-mMl Monti Hull
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    • 148 10 Source: Telerate Fuel oil prices which began the week on a stable-to-soft note bounded back to finish the week on a firm one. Fundamentally the market has changed little but news that Opec members were close to an agreement with a new production level of 18.5
      Source: Telerate  -  148 words
    • 136 10 MALAYSIA'S commerical crops will be damaged if last week s heavy monsoon rains continue, producers say. Flooding has already held up harvesting of oil palm and the shipment of freshly crushed fruit, mainly in the eastern and northern regions. "The situation is back to normal although
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    • 168 10 Produce Exchange StNtn' noon prl Iom an Nov 26 (SI/100 kg] Coconut oil M FOt 113.00 Old drum FOt 123.00 New drum FOt 127.00 Copra MU«d (Imm) 66 Pf>pf FOt HLW 730.00 Sarawak vMli FOtfoqNLW 720.00 Sarawak ipaciol Mack FOt NLW 440.00 Sarawak Aifo btoek FOt NIW 4*0.00
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    • 321 10 London Commodity Exchange Bgyor/SoMor doting pfktt on Nov 25, fonrw union tpodfiod). Prortow dot! pororrthotk. ng pricot In can— Roth in-ftor* London, ioWofs option OF Lon don Nov 1057/1062 (1062/1066) High/low 1066/1062 ion 1075/1076 (1061/1062) KVgh/Low 1095/1074 So lot (2242) Cocoa Ow 667/866 (684/665) High/low 884/868 Mar 889/890
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  • Page 10 Advertisements
    • 1457 10 ALL YOU WANT TO KNOW ABOUT CAPITAL MARKETS. (A) Fee: STG 495 The effective management of foreign exchange and interest rate exposure is a challenge in today's volatile international financial markets. This course examines the various tools available to deal with this exposure. It is relevant to all bank marketing
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  • FOCUS
    • 1104 11  -  A car man is replaced by a financial man. ALAN FRIEDMAN reports on the resignation of Ghidella Vittorio from Fiat. ALAN FRIEDMAN FT POLICY DIFFERENCES and the fact that he was on the losing end of a bitter power struggle with Fiat group managing director
      FT  -  1,104 words
  • Page 11 Advertisements
    • 192 11 CHANGE OF ADDRESS G K Goh (Stockbrokers) Pte Ltd G K Goh Research Pte Ltd As from 28th November 1988 our offices will be relocated at: 50 Raffles Place #33-00 Shell Tower Singapore 0104 TiliphtM: *****28 Ttlax: R*****4 Fax: *****22 R*****4 GK6ON UNIVERSITY OF EAST ASIA SCHOOL OF GRADUATE STUDIES
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    • 56 11 Ultra Sportivo Designed bv Ferdinand A Porsche Manufactured by IWC Schaffhausen In titanium, 18 carat gold or titanium with gold Waterresistant to 180 feet large or small PORSCHE DESIGN A CO IWC PORSCHE DESIGN E H MON r j r- j r-1 05 r C iL ?LJ3 L* iliiiiiiiiiS iiiniiliin
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  • PERSPECTIVE
    • 930 12 Much of their trade still indirect, though NYT CHINESE MAPS still show a single Korea, with its capital in the north. But these days, map-mak-ers and nearly everyone else in China are very conscious of Seoul and the rest of South Korea. China and South Korea
      NYT  -  930 words
    • 535 12 AFP THE LEADERS of the 'Beijing Spring' remain behind bars with little known of their fate 10 years after the birth of the pro-democracy movement. The movement began in late November 1978, when dozens of posters went up in central Beijing
      AFP  -  535 words
    • 516 12 Reuter BRUCE WALLEY temporarily abandoned his comfortable rocking chair in Canada to divert river water to thirsty crops in Peru by expanding an Inca irrigation system. Walley, a volunteer with a non-profit Canadian agency that exports business talent to developing nations, says his 35 years as
      Reuter  -  516 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous

  • THE ARTS
    • 838 13  -  Royal Opera House fights for cash By MARK TREVELYAN Reuter LONDON'S Royal Opera House, hit by cuts in government aid, has met with a storm of protest over plans to raze old buildings in one of the city's best-loved areas and replace them with
      Reuter  -  838 words
    • 378 13 UPI DRINKING the liqueur absinthe and possibly eating paint may have contributed to Vincent Van Gogh's insanity and could provide an explanation for the artist's bizarre behavior. Wilfred Niels Arnold, a professor of biochemistry at the University of Kansas Medical Centre in Kansas City,
      UPI  -  378 words
    • 218 13 JUDGING FOR THE fourth Australian Art Award tor young artists began in earnest over the week-end with a 24-week all-expenses paid scholarship in Australia awaiting the winner. This year's theme is the Australian Bicentenary. The value of this year's award, including three cash prizes of $2,000
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    • 232 13  -  By SHAUN KOH THE STANDARD of classical concerts by local artistes has risen over the past few years. The concert last Tuesday at the Victoria Concert Hall featuring solo performances by SSO members Jiri Heger. Lionel Tan and Leslie Tan was proof of the pudding. The SSO
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  • Page 13 Advertisements
    • 182 13 When we design an information system, we anticipate more than the future of technology. We anticipate the future needs of our customers. And we provide solutions that last. t l .V- -C ;vv\ V.VUJ Solutions that last help our customers preserve the investment they've already made in systems and software.
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  • LEISURE
    • 606 14 NYT WHILE ATTENTION was focused on three whales trapped by ice off Alaska last month, the fate of two performing dolphins half a world away in Cairo, Egypt, went largely unnoticed: no Soviet vessels to their rescue, no message from President Ronald Reagan. Nimo and
      NYT  -  606 words
    • 160 15 A 50-STRONG male voice chorus from Cornell University, New York, will give one performance of its varied musical fare on Jan 3 at the Victoria Concert Hall. The Cornell Glee Club (SOO pictun) is marking its 120 th anniversary by touring China throughout
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    • 721 15 NYT IN DYLAN, a scrappy, unauthorised new biography of Bob Dylan by journalist and former rock manager Bob Spitz, one of the few scenes in which the secretive star is shown pouring his heart out describes an evening Dylan spent in 1975
      NYT  -  721 words
  • Page 14 Advertisements
    • 268 14 Whe Wfrwf *tM If 11 ot t® ertain. ALMOND CRISPY CHICKEN It will appeal to everyone One whole juicy, tender chicken deep-fried till golden brown and crispy, with almond flakes generously sprinkled on Available only in November, at the Meisan Szechuan Restaurant on level 2. Singapore Ent B1 WmPW Dj
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    • 149 14 EAST MEETS WEST Daily Buffet at the Dondang Sayang t K "n i V; > 1 V. K Enjoy the best of both worlds, 'East Meets West' daily buffet. Salads, cold cuts, roasts curries, satay, noodles and many more dishes you will find irresistable. Coffee or tea is included to
      149 words
    • 187 14 DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only $12.50* per person. Lunch Hours: 11.30 am 2.30pm *Plus Io\ se<v>ce Cfwge 3\ to. V HWT REGENCYOSWGAPORE 10-12 Sccrts Rooa S<ngapore 0922 Tel *****86 SUPER VALUE SEMINAR PACKAGE For only $25* per person (minimum 15 persons),
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    • 213 14 > '3' Pretzel Trio performs nightly Mon-Thur from 9pm to lam. Jolly Hours from 10pm to lam where you get 2 Drafts for the price of one and 25% off other Drinks. Plus Free Pizzas on Mondays. Plaza Hotel SINGAPORE WARM»COLOURF<JL«IP!VITING Beach Road Sineapwr 0719 Tel MM Paramount Hotel Where
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    • 253 14 Splendtde! 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
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  • Page 15 Advertisements
    • 128 15 NOW OPI AT I U\CII SIIIKMON row IRS. W SCOHS ROAD. Til 7J7hSNK. yyy Si. 4r Set Lunch with Dessert Buffet Enjoy a different selection of dishes everyday. For desserts, it's "eat all you want" from a variety of pastries, fruits, local and Western favourites. $12.50++ per person 12 noon
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    • 105 15 c *r. m V m Treasure Hunt FOUR MORE AIR MAURITIUS KENYAN SAFARI HOLIDAYS TO BE WON! Treasure Hunters are closing in on the remaining four Ballantine's Treasure Chests hidden at secret locations all over Singapore. Find any one of these Treasure Chests full of Ballantine's Scotch Whisky and win
      105 words
  • Page 15 Miscellaneous
    • 634 15 TOjwKKaaa mmmim CRYPTIC PUZZLE ACROSS 1 Kind of writer with spirit (5) 6 Weapon out of balance? (5) 9 A hearty sort of word? (7) 10 Musical groan, possibly (5) 11 See leisure come to an end (5) 12 Tuning ones are not on pitch! (5) 13 Carries forward, one
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    • 1555 15 W tffi© OaiDQiD THE ARTS LIBRARY 8.15pm, Channel 12 Items featured this week are: an interview with romantic authoress, Barbara Cartland, about her recently published non-fiction book Year Of Royal Days, an 88-year-old harp player who has just performed her 65th season of promenade concerts at the Royal Albert Hall
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  • SPORTS
    • 237 16 AP JAKOB HLASEK of Switzerland. one match away from his third consecutive Nabisco Grand Prix title, and top-seeded Henri Leconte of France on Saturday reached the final of the U*****,000 Belgian indoor championship in Brussels. Hlasek led Patrick Kuhnen 7-6 (7-3), 3-0 before
      AP  -  237 words
    • 432 16  -  By WALTON MORAIS BATTERED and bruised after the opening day's play, Singapore came fighting back in the annual amateur golf clash against Malaysia in Kuala Lumpur yesterday. But in the end, they had simply left themselves too much to do after the 6-2
      432 words
    • 114 16 AP MARK CALCAVECCHIA of the US, making his first visit Down Under, carded a three-under-par 69 yesterday to win the U*****,500 Australian Open. He finished the tournament at Royal Sydney with a four-round total of 269 19-under-par to end six strokes in front of his
      AP  -  114 words
    • 325 16 AP PAY THE BUTLER, an American horse ridden by Chris McCarron, ran neck-and-neck down the stretch yesterday with Japan's Tamamo Cross before surging ahead in the last 300 m to win the Japan Cup by a half length. The victory
      AP  -  325 words
    • 516 16 UPI ALL the Chicago Bears need to become the NFC's first and the NFL's second play-off team this season was a victory at home yesterday against the Green Bay Packers. The Bears, 10-2, would clinch at least a wild-card spot
      UPI  -  516 words
    • 366 16 AFP THREE FRENCH marathon runners who left Paris seven months ago for the Chinese-Por-tuguese enclave of Macau, arrived in India last week heading for perhaps the most daunting barrier of their trip, the Himalayas. Frenchmen Pascal David. 31. Michel Marguinot, 31, and JeanBenoit Jaouen, 29, ran
      AFP  -  366 words
    • 447 16 Reuter THE SLEEPY CITY of Macau wakes up once a year when some of the world's best Formula Three racing car drivers compete in the Macau Grand Prix. "The Macau Grand Prix fiesta transforms the town completely. It is the major event of the
      Reuter  -  447 words
  • Page 16 Advertisements
    • 698 16 NOTICES THE COMPANIES ACT. CAP. so PADtLYSTAR PTE. LTD. (In Voluntary Liquidation) I SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company held at 2 Flnlay- son Oreen. #07-07 Asia Insurance Building, Singapore 0104, on Saturday. 26th November 1968 the following Special Resolutions were passed:— (a) That FAIRLYSTAR PTE.
      698 words
    • 717 16 THE COMPANIES ACT. CAP. SO MAY IM INVESTMENTS PTE. LTD. (In Voluntary Liquidation) SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Company held at 2 Flnlayson Green, #07-07 Asia Insurance Building, Singapore 0104, on Saturday. 26th November 1968 the following Special Resolutions were passed:— (a) That MAY IM INVESTMENTS
      717 words
    • 814 16 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF INTERTECH HOLDINGS (PRIVATE) LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 290) At an extraordinary general meeting of the members of the abovenamed Company, duly convened and held at 510 Thomson Road
      814 words
    • 739 16 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF ENID TRADING PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the members of Enid Trading Pte Ltd convened and held at 10 Anson Road. #33-15 International Plaza. Singapore 0207 on November 23.
      739 words
    • 473 16 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER OF BORNEO SUMATRA TRADING CO (S) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50. that a Final Meeting of the Members
      473 words

  • COMPANIES & STOCK MARKETS
    • 497 17 The floorless exchange will it stand the test? iftmra mm™ By HOCK LOCK SIEW LESS THAN six months after the first mock trading games were scheduled by the stock exchange. Singapore's stock market traders are to gear up for four more sessions. But the big difference this time is that
      By HOCK LOCK SIEW  -  497 words
    • 246 17 SINGAPORE will not be seeing its first listed property trust unless some changes are made to listing requirements on the Stock Exchange of Singapore. Roger Gumley, general manager of FMPT Managers Bhd, said this last Friday to a group of Singapore delegates in
      246 words
    • 335 17 SINGAPORE LAND, which has assets of more than $1 billion, hopes to recoup its investment in its Gateway project by getting the authorities to reconsider outstanding payments on the land cost, it said in its latest annual report. Singland bought the Beach Road site
      335 words
    • 577 17  -  By HERMAN PHUA CHUAN HUP Holdings, after last year's dismal performance, is forecasting profits of $13 million for its current financial year. Chairman Peh Kwee Tee said in his latest annual review that the board had confidence the group would overcome the setbacks of
      577 words
    • SES
      • 1575 18  -  r 1 Singapore p By KEVIN GWEE MOVING in unison with the overnight Dow Jones on Wall Street, share prices breached the psychologically important 1,000point level of the Straits Times Industrial Index last week, despite the end of Tokyo's record setting bull run.
        1,575 words
      • 172 18 MYCOM BERHAO: 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 Berhad: 22 AGM at Oewan Arab-Malaysian, 7th floor, Bangunan ArabMalaysian, Jalan Raja Chulan, ***** Kuala Lumpur, on Nov 29 at 10.30 am.
        172 words
    • 5805 18 1988 High Low Tel Cod* Company Last Sale NOV 25 orGr's Dlv Div C'vr Gr's Y'W Net P/E Vol (000) Week High Low Last Quote Buyer Seller M Cap Smll SECTION ONE INDUSTRIAL ft COMMERCIAL 141 85 218 167 135 460 209 350 129 167 177 297
      5,805 words
    • MARKET REVIEWS
      • 605 19 K.Lumpur NST THE KUALA LUMPUR stock market shook off early despondency but lacked sustaining power, and share prices closed mixed to firmer last week. Losses were mostly marginal but scattered double-digit gains were also posted It initially appeared that the market was heading
        NST  -  605 words
      • 348 19 Wi Tokyo AFP THE TOKYO Stock Exchange had another bullish week despite the fall of the dollar against the yen and fears of higher interest rates in the United States. The Nikkei Stock Average of 225 blue chips closed out the week on Saturday
        AFP  -  348 words
      • 396 19 r__ < New York AFP WALL STREET finished the week on a sour note, with interest rate rises putting an end to five days of consecutive increases on the New York Stock Exchange The Dow Jones index of 30 leading industrials ended the
        AFP  -  396 words
      • 163 19 Reuter SHARE PRICES fell on a broad front in the absence of investor support in the week to Friday, with holidays restricting trading to two days, brokers said They said end-of-ac-count considerations and higher conango (carry-for-ward) charges also affected market sentiment The Economic Times Index
        Reuter  -  163 words
      • 255 19 PI LVI Sydney &f J AFP THE AUSTRALIAN share market bounced back through the 1,500-point barrier on Friday to end the week on an upward note The All Ordinaries Index closed last Friday at 1.505.6. a gain of 12.9 points for the week, with all
        AFP  -  255 words
      • 670 19  -  Week ended November 25 compiled by JULIANA TAY CORPORATE DEVELOPMENTS The Stock Exchange committee has rotated one of its nominated members with the nomination o' Mr HJ Warnholtz manogmg director of Munich Management Pte Ltd, a reinsurance company 1 to replace Mr John Child a general manager of
        670 words
      • 1088 20 Hang Seng Index puts on 74.92 points K 1 Hongkong y DBS Securities HK THE WEEK began on a weak note but the market gathered momentum on Tuesday afternoon and posted impressive gains on Wednesday and Thursday. The buoyant property counters fuelled much of the
        DBS Securities HK  -  1,088 words
      • 751 20  -  By RICHARD HARRIS THE CONVERSATION in the average Swedish gathering takes little time to focus on one major topic that of tax. The Swedes are extremely highly taxed and this results in Swedish nationals being amateur experts in local tax law. Tax planning
        751 words
      • 1197 20 Amsterdam NOV 29 FLS 1 ABN Aegon Ahold Akzo 41 0 847 846 144 3 162 0 -02 •1 -0.7 -11 AMEV AMRO Ass Stad 499 75 9 139 5 -05 -05 -0 5 Berkel BOLS 1390 Borsumy 106 8 Buehrman Tetter ode 54 7 Calve CSM 62 4 j
        1,197 words
      • 917 20  -  V— ■nuDfl London Clll—l J By RAY HEATH (Scene Throgmorton Avenue, a thoroughfare close to the London Stock Exchange. It is foggy, and in the gloom, a row of figures can be seen standing along a wall. Once they were wealthy stags, growing
        917 words
    • WORLD MARKETS
      • 847 21 New York Reuter WALL STREET STOCKS closed lower on Friday in the lightest trading day of the year so far Brokers said the thinness of the market joined forces with higher oil prices, fears of rising inflation and firming worldwide interest rates to shed
        Reuter  -  847 words
      • 1002 21 London Reuter LONDON SHARE PRICES on Friday were steady above their lows in nervous trading after news of a record UK current account deficit in October and a one-point rise in base rates. By 1617 GMT, the FTSE 100 share index was 38.9 points down
        Reuter  -  1,002 words
  • Page 17 Advertisements
    • 69 17 Yesterday's news. 2 Alexander Road #02-00 Delta House (0315) Today's news. 8 Shenton Way #18-01 Treasury Building (0106) Fax: *****66 Telex: RS ***** Today is our first day in the Treasury Building. We have more sophisticated equipment and better facilities to serve you better. Call us at our new number
      69 words
    • 327 17 Financial Newsmakers INDUSTRY TRENDS AND OUTLOOK DECEMBER 19th 20th, 1988 PAN PACIFIC HOTEL, KUALA LUMPUR Organised by The Research Institute of Investment Analysts Malaysia (RIIAM) In association with The Kuala Lumpur Stock Exchange Programme Day 1 (Monday 19th December, 1988) Opening Remarks En Nik Mohamed Dii En Nik Mohamed Din
      327 words
  • Page 17 Miscellaneous



  • Page 20 Advertisements
    • 724 20 LOST SHARE/STOCK/WARRANT CERTIFICATES The following Share/Stock/Warrant certificates/*together with the relevant signed transfer deeds have been reported lost or destroyed:KEPPEL CORPORATION LIMITED No. of Shares/ Certificate No. In the name of Stock/Warrants ******7 Barclays Bank (S) 1 x 1000 (Inv Wrts) Noms Re Ltd ******1'92 —do— 2 x 1000 (Inv Wrts)
      724 words

  • Page 21 Advertisements
    • 17 21 Paris, Stockholm, Vienna and Zurich prices were not available on Friday. World martiet prices on Page 20
      17 words
    • 1490 21 BANCA NAZK>NALE DEL LAVORO BANCA NAZIONALE DEL LAVORO (EST\BLISHF.D IN ITALY WITH LIMITED LIABILITY HEAD OFEICF IN ROME) HEAD OFFICE ADDRESS: VIA VENETO 119, ***** ROMA, ITALY BALANCE SHEET AS AT 31ST DECEMBER 1987 ASSETS Cash Deposits with Bank of Italy Securities owned: Treasury bills, certificates of credit and other
      1,490 words

  • 159 22 CLEVER PEOPLE are born not only every 12 years in the Year of the Dragon; the Snake year also has its share of intelligent new-borns, said Acting Health Minister Yeo Cheow Tong. First Deputy Prime Minister Goh Chok Tong, for one, was born in the
    159 words
  • 161 22 Reuter SOUTH KOREAN President Roh Tae-Woo is considering appointing a civilian defence minister in a Cabinet shake-up designed to help calm public anger at military misdeeds, officials in Seoul said yesterday. The defence portfolio has always been taken by a former general.
    Reuter  -  161 words
  • 166 22 Reuter VITTORIO GHIDELLA, credited with rescuing Fiat's auto division from the verge of collapse, is resigning over differences about where the division should fit within the group. Fiat Spa. Italy's biggest private industrial group, said in statement released in Turin last Friday
    Reuter  -  166 words
  • 262 22 WORKERS deserve to be rewarded for the good economic growth this year and companies that do better than in 1987 should offer them a special oneoff bonus, a union leader said last night. The bonus could be an extra payment
    262 words
  • 315 22 TO PREPARE for the projected rapid increase in the number of senior citizens over the next 20 years, the Ministry of Health plans to construct a community hospital within the next three years. And a Department of Geriatric Medicine will be established at
    315 words
  • 586 22  -  By CHUANG PECK MING AMERICAN capital expenditure in the manufacturing sector in Singapore is likely to fall next year but this will be more than offset by a sharp rise in US investment in wholesale trade and services. Overall, subsidiaries of US
    586 words
  • SATURDAY ROUNDUP
    • 331 22 THE PRINCIPLE of "equal misery for all" will be applied to curb the car population growth in Singapore, said Dr Yeo Ning Hong, the Minister for Communications and Information. To achieve this, a combination of fiscal and other measures will be imposed on the
      331 words
    • 138 22 THE Public Transport Council (PTC), the authority which approves all taxi and bus fare increase proposals, has asked taxi organisations to provide more information to justify their request for a rise in taxi fares. According to the Sunday Times, the PTC members met last Friday and
      138 words
    • 98 22 A TRADE mission organised by the Singapore Malay Chamber of Commerce will be going to the Middle East early next year. Since the end of the IranIraq war, many opportunities have arisen for local businessmen, said Marah Hoessein Salim, an officer of the Trade Development
      98 words
  • LATE FILE
    • 52 22 AP TROOPS and police were on maximum alert in Manila yesterday after authorities spent Saturday night blocking convoys ot buses and passenger jeeps carrying thousands of civilians to the city from neighbouring provinces. Officials denied the movement of civilians was part of any new rightist
      AP  -  52 words
    • 43 22 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday there was no disruption in Malaysia's food sources, although thousands of hectares of padi fields in Kedah had been destroyed by heavy floods in the country. Bernama
      Bernama  -  43 words
    • 44 22 Reuter SWEDEN has discovered eavesdropping devices in the residence of its Moscow ambassador, officials said in Stockholm yesterday. The Swedish government has protested to the Soviet Union twice in the past two years over bugging devices found in its Moscow embassy.
      Reuter  -  44 words
    • 43 22 Reuter LAOS faces a serious shortage of rice after a severe drought this year and some villages may only have enough stocks to last two or three months, Laotian and foreign aid officials said in Vientiane yesterday.
      Reuter  -  43 words
    • 40 22 Reuter JAILED black nationalist leader Nelson Mandela could be moved to a house in the posh Johannesburg suburb of Houghton, normally reserved for whites under South Africa's apartheid laws, a newspaper said yesterday. Reuter
      Reuter  -  40 words
    • 47 22 UPI SOVIET authorities fired two local communist party leaders in the predominantly Muslim republic of Azerbaijan where hundreds of thousands of people yesterday took to the streets of the capital Baku for the sixth straight day, an official said in Moscow yesterday. UPI
      UPI  -  47 words
    • 38 22 AFP SRI LANKA's main opposition party yesterday renewed a demand for President Junius Jayewardene's government to resign ahead of next month's presidential elections. saying the poll would be unfair if he refuses.
      AFP  -  38 words
  • Page 22 Advertisements
    • 399 22 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Spotlight on Management: The four stages of target-setting. 2. What prompted the marriage of rival brewers Guinness Malaysia and Malayan Breweries (M). 3. Societe Generate has successfully re-applied for
      399 words
    • 117 22 A WORLD-CLASS SUPPLIER OF QUAUTY PRODUCTS From fibre optics to furniture, from forestry equipment to pharmaceutical products Ontario has got it all. And, at very competitive prices. Your business could enjoy costsavings on supplies, or earn high profits from the sale of imports from Ontario to Singapore. Just tell us
      117 words

  • SHIPPING TIMES
    • 387 23  -  A total of 547 ships call at the port By G DURAIRAJ THROUGHPUT at Kuantan Port raced ahead with a record increase of 36 per cent during the first 10 months of this year compared with the same period in 1987. The port on
      387 words
    • 435 23  -  By AL O LABITA, JR, THE PHILIPPINES plans to set up its own marine classification society early next year to get rid of the costly services of foreign entities, including Lloyds Register and the American Bureau of Shipping, said the Philippine Maritime
      435 words
    • 410 24 Lloyd's Maritime Asia THE WORLD'S current economic policy that of cutting inflation as far as possible will mean some slowing down in the growth of world trade and ship demand in 1989. However, according to the latest review from Wescol International Marine
      Lloyd's Maritime Asia  -  410 words
    • 493 24 THE SHIPSALE and purchase market reported no sale of vessels for demolition. But two motor tankers each 21,116 dwt, were sold to a US-based concern for about US$l6 million en bloc. The vessels were the 1975-built Jupiter and the 1974-built Mercury. Bulk carriers on offer include: General Ouque 35.223
      493 words
    • 964 24 A Wm Morm* XI 2 AB Shpg V 5 ABSS Shpg XI 1 AtC Comnw IX 1 Accord Shpg VI 3 Ad"cf Shpg VII 1 Ahrankial Unar X 4 Alltrons VII 3 AC Toaptar XI 5 Amaricon Tpt X 4/5 Anro Sarytca IV 2/3 Arrow Unas IX
      964 words
    • 400 25 SEA CONTAINERS has reported a jump in net earnings to US$lOO million for the first nine months of this year, from US$39 million in the corresponding period in 1987 Revenues advanced to U*****.6 million from US$564 million for the company, which operates ferries
      400 words
    • 217 25 UPI CARNIVAL Cruise Lines has reached an agreement in principle to buy Holland America Line's travel and tourism operations for US$625 million. The purchase includes all Holland America cruise operations, Westours, Westmark Hotels and Windstar Sail Cruises, said a joint announcement by Mickey
      UPI  -  217 words
    • 1260 30 INCREASED chartering on Thursday emerged to cover grain shipments out of the US but details for some of the fixtures have not been disclosed, shipbrokers said Grain from the US Gulf to two ports Venezuela received U5518.75, while Cargill fixed the Arkas from the Gulf to Seafortti at
      1,260 words
    • 8412 30 AARHUB Nihon ScanDutcht Nov 28 Oiu He China Oceen Nov 28 Ever Group Evergreen Nov 28 Hongkong Expreaa Triot Nov 30(PK). Luna Meersk, Meersk Line Dec 1 Ming Glory Yang Ming Dec 3 Ever Given Evergraen Oec 4 Ville de Neptune CM
      8,412 words
    • 1606 30 AT CONVENTIONAL WHARVES Veeeel Berth Arrival Departure KEPPEL WHARVES Frotadurban K26 olongsrfje 28 II 7300 G Seicton 7 «X alongside 2811 1530 Horfang Koto Abadi K35 alongside 01 12 2300 K32 oiongside 01 *****0 Koto Akbor K3I olongside 30 11 0600 Ned Alkmoor CIO oiongside *****600 Qmgfeedieng
      1,606 words
    • 214 34 AP TEN MEN were rescued on Saturday by helicopter from their North Sea oil rig supply ship after a fire erupted on board the vessel, officials said. None of the crew were injured but the ship's captain was admitted to Aberdeen Royal
      AP  -  214 words
    • 412 34 Reuter DRIFTING mines ripped from their mooring by winter winds pose a fresh threat to shipping in the Gulf just as Western navies are winding down minehunting, naval experts said. The mines, laid off the coasts of Iran and Iraq during the eight-year-long
      Reuter  -  412 words
  • Page 23 Advertisements
    • 709 23 Iff* TINES ro< *m*' >- STP Distributors .Indicated to Quality Service 200 Cantonment Road. #12-0S SouthpomL Smgaporoo2o( T« *****11 TetaßS ***** FaannUt *****09 i TERMWALCFS Tel *****11. *****19, J*****0 FOR CUSTOMER SERVICE INQUIRIES ANO BOOKINGS Tat *****30 ft POMU JAR DINE SHIPPING AGENCIES SOU BHO PORT KELANG Tel 36*41 II
      709 words
    • 110 23 THE WORLD'S current economic policy that of cutting inflation as far as possible will mean some slowing down in the growth of world trade and ship demand in 1989. Page II SEA CONTAINERS has reported a jump in net earnings to US$lOO million for the first nine months of this
      110 words
    • 848 23 THE SPECIALIST IN: Wire Rope Slings Lashing Materials Lifting Gears INTEBMABINE SUPPLY 00. (PTE) LID. Tel mma p ume») tul mcco rs xxv fu w*n a I MAERSK LINE RELIABILITY, PUNCTUALITY DEPENDABILITY Th« mot Luna M Ctoemg Tm CY 30/11 2300 MRS CPS 30/11 1300 MRS LUNA M M PARIS
      848 words

  • Page 24 Advertisements
    • 680 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM?! HONGKONG EXPRESS CITY OF EDINBURGH KAMAKURA LARGS BAY MEONIA TOKYO BAY LONDON EXPRESS ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO, HELSINKI, OSLO, AMSTEROAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT BREMER HAVEN VOY NO HAMBURG LARGS
      680 words
    • 17 24 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
    • 529 24 NOTICE aC<*l =t=4-i EES FREIGHT SERVICES PTE LTD WITH EFFECT FROM TODAY WE ARE NOW AT: 15 HOE CHIANG ROAD #11-06 BANFORD BUILDING SINGAPORE 0208 TEL: *****66 (8 LINES) TLX: RS ***** EESSIN FAX: *****69 "TO SHIVE YOU OETTBT S? c SAV *:< j s *->i Corrpjnui Sud£rrer,c<m.i do I
      529 words

  • Page 25 Advertisements
    • 1109 25 a The Straits Steamship Group P&O Containers CONTAINER SERVICE TO UK/CONTINENT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Also Accepting Cargo For: Haaturt lo Capwrtufwt. Asrtaa. Gmiwnburj, Hiina. Stockholm Mtinfci. Sondofturg MMm la AMwtrp Amsttfdjm 0»>o Bult Zurich ■roMnkmn It Inwi Sautlumptor to a4l UK OwtiiMticm, Bwtut
      1,109 words
    • 774 25 Do THE WORLD'S LEADING SHIP OWNERS KNOW SOMETHING YOU DON'T? For over two centuries, shipping companies from all over the world have been relying on The Royal Bank of Scotland for assistance. With offices in New York, Singapore, Piraeus, Zurich, Hong X Kong and London, X we offer financial services
      774 words

  • Page 26 Advertisements
    • 565 26 Vi as I NOSE I MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Singapore Loading for iqAN MAHALLATI PJL666 SID BANDAR ABBAS fiIYOWAi vm* KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSI HK LOAD FOR: KYOWA VIOLET V 22 3/12 VILA. NMA LTK, SUVA. PAGO. APIA KYOWA HIBISCUS V 34
      565 words
    • 714 26 ■.■•ii.i.M.n GUARANTEE WEEKLY CONSOL FROM SINGAPORE PT. KELANG Accepting FCL and LCL TO BANGKOK HONG KONG EUROPE/UK mmmt UJL Til: 33M611 BMMftT SM. MB. Tafc 774 MM r INDIA STEAMSHIP FORTNIGHTLY EXPRESS CONTAINER SERVICE TO INDIA SRI LANKA Sublet to inducement Agents:- SHARIKAT TRANS-ORIENT SDN. BHD. SINGAPORE *****10, *****56 PORT
      714 words
    • 1243 26 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARtB/USEC/EURQ/FE) EVER GARDEN 02/12 «*l2 wfu o*l2 Mi S/U I*l2 CHS Sjil £1 25 S HBC "P ever growth niu u/E vw I*B urn n/u hiu 20*1 2S?£ 5" m Hm eveS cTn" 10 l k W 2 w w 2SSSSSSSSSSS sssc» 2sss!s3saass
      1,243 words

  • Page 27 Advertisements
    • 702 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE JAKARTA CONTAINER SERVICE SURARAYA/SEMARANG CONTAINER SERVICE I VESSEL SEA HAWK QOWA SU HAWK SEA HAWK HAI OUANO SIN SBY SMG SIN Sid Sid SM 2S/11 Std 30/11 1/12 S/12 J/12 ft/12 12/12 4/12
      702 words
    • 277 27 5® CHINA OCEAN SHIPPING COMPANY cosco UKC COHVPmOWAI BKKViqt KK PCD P Kl( Penang Lending for TONC CHUAN l/l2 Rotterdam; Antwerp JIANG CHUAN 25/12 Rotterdam/Antwerp MALATWA/CHWA FULL CONTAJMg* MP VICT Penang Pklg Soort Bkk Hkg S'hai Qingdao E CHENG 93 2/12 3/12 4/12 *12—13/12 Accepting FCL Cargo far all other
      277 words
    • 484 27 \<T% BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Laffi by StiM SaiM ■boon SmW Totyo Bay S«M SuM London Eiproti SoiM StiM Cir*fan by SiiM bnaMor S*M S»M Kowtoon by 7*ll 1,12 bnaoon 102 4/U OuU by %U 11/12 Klufi 1 13/12 ALL VESSELS
      484 words
    • 561 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY LJ. BONTANG/16WB SRIWIJAYA/25W8 KUTAI/16WB ANTWERP H'BURG/ ROAM/AOAM BREMEN 23/1 26a 5/2 m 23/2 26/2 S4ib|ect to Inducsmsrit Also accepting cargo to Casablanca, Port BaM,
      561 words
    • 402 27 BOUSTEAD SHIPPING AGENCIES PAGAN VI33W HTONEYWA V24OW PA-AN VIJIW BURMA FIVE STAR SHiPPiwc cnßpniuTiyii (Burmese National Line) Spore P.* 23/26 Nov 29/30 Nov 30 Hon [7 Dec Loading for Rangoon P.Kelang Penang Bangkok BANK UNI SPfI J u c < l T l A J 1 NFW y pu rc
      402 words

  • Page 28 Advertisements
    • 550 28 KAWASAKI KISEN KAISHA, LTD. 'K'link AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE JADE N. AMERICA-ATLANTIC COAST N. AMERICA PACIFIC SOUTH-WEST ■export CHINA CONTAINER HONGKONG CONTAINER KOREAN JACEJIN EUROPE (Member of ACE) LE HAVRE 16/12 22/12 25/12 F'STOWE 17/12 23/12 27/12 SEVEN SEAS BRIDGE KOREAN CHANCE ACE CONCORD LE HAVRE F'STOWE R'DAM 3/11
      550 words
    • 274 28 ini•: Accepting LCL and containertaad cargo#* 01 ract to South Africa r= S pore Durban P.EIi Accepting Containers Only HAYAKAWA MARU S64IF In Pt 11/12 i«nj VAAL 6739F 13/12 24/12 27/12 VENTO 1004F 2002 3/1 10 NEDLLOYD COLOMBO 6838F 28/12 10 0 1 UIUB S POSE P KELANG PENANC INCHON
      274 words
    • 660 28 'M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contaloera TULSIDAS V 38 KALIOAS V4C TULSIDAS V 39 KALIOAS V.41 TULSIDAS V.40 P Kttang Ptnang loafl.ng tor B, Fatdtr By Faadfr Fnm MtibSydn A 26 Dtc !i Dec fr«n Mttt) Srdn A 2< Jan 24 jan FramlMb/Srdn A 2* Fab 24 Fab
      660 words
    • 620 28 GOLDEN LINE GUftN GUM SHIPPING (PTE) LTD T#IO» Strwt SINGAPORE 0104 TU STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cotombo lUradii Dubti Dimman COL DEN BEAR Cotombo. KifKh. Duto. CHINA SERVICE A VESSEL Huanfpu/Slunfltt. S'pore PKeianj Pen»r* 2/4 Dae 1002 D« CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA UKC
      620 words
    • 385 28 p phili onitNT UNts pre ltd HEAD OFfXf 63 ROI'NSON POAD -0? 1? Affio as:* building Singapore oios TElfl PS ?87?0 PHILI fA> ??sSf>76 i|- J i/i. J jnr > ETA SI MCA PORE I "1,11 rriVT ir*rr nrvniS '111 II 11 MB 30/11. 1/U NEW GENTRAOE 30/11 EAST/WEfT AHUCA/MEB.
      385 words

  • Page 29 Advertisements
    • 719 29 NEPTUNE AGENCIES PTE LTD FE EU/AUST TP A/St A NEPTUNE ORIENT LINES LTD General Enquiries: Tel: *****77 Terminal CFS BOOKINGS *****22 *****43 NEPLINE SON BHD XW NEPLINE SON BHD *****33 NEPLINE SDN BHD 62»85/*****0/6276»1/t***** NEPLINE SDN BHD. zmmmmi SERVICE A member ol the ACE Consortium TO EUROPE/UK (VIA SUEZ):! p
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    • 82 29 JE CONTAINER LINE, INC warm 'fill ■Hi JE CONTAINER LINE (S) PTE LTD FAX: S PORE AGENT: TEL: *****59 (20 LINES) tAX: *****63 P.KLGAGENT JE CONTAINER LINE (M) SDN BHD TEL: (03) *****00/1 (8 LINES) WAREHOUSING TRANSPORTATION LCL Acceptance Weekly consol at our CFS to Far East: Bangkok, Hongkong, Keelung,
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    • 413 29 OOKAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO KELANG. PENANG. KEELUNG, BUSAN. INCHON Vestal's Name ETD BS SPORE MUG KEE BUSAN MO JI NO 9 DONAM/fION 20/11 01-04/12 05 06,12 13 13/12 16-11/12 11/12 tCLORIA/tI3N 23/11 04 05/12 <*-<*12 (SKIP) 20-22/12 22/12 NO I OONAM/tION OS, 12 IS-H/12
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    • 638 29 f 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 ***** PCNANC p KELANC MESSRS MAI THONC SNIPPING 127 Panang Straat. Pew* Malays* M/S HANOI INC
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  • Page 30 Advertisements
    • 315 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6668 (34 Lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAD DSR-LINES I VEB DEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE -VIA LARKACA ACCEPTING CARGO FOR LIMASSOL BEIRUT, LATTAKIA, ALEXANDRIA,
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    • 75 30 T.S.K. line: WEEKLY CONTAINERISED SERVICE WITH FIXED DAY ARRIVAL S ACCORD VIS CONTINENT Vlf HEMES ACE VII KAIUKI VII S. ACCORD Vl7 tranntnnmnmmrTa laiHHHilßJßaßaraHiK mmißs3E3li3Bm3E3Hm j J ►5 TSKLINE AGENCIES (S) PTE LTD TEL: *****68 W MALAYSIA AGENT: TRANS-ASIA SHIPPING CORP TEL: K.L. *****77 PKL *****64 PNG *****2 Si COMPAGNIE
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  • Page 30 Miscellaneous
    • 147 30 'A Ta SS >*■ v* J •Ji m Va SI /2 S3 is as > 1 1v SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Nov 2t, 1968 LEGEND R Thunderstorm Temperottre »q y Shower Weother Wmd <Wec»»on with speed n knots Ro*> V^y Cloudy Sky Wov K^9h Surface -,«d»
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  • Page 31 Advertisements
    • 430 31 WFARGO SHIPPING Tel:SB4 D 122 r^^BCCONTAINERUN^ TO AUSTRALIA/NEW ZEALAND va. TUT Utn** 214 I. Hu*| US IrwK 217 Mmw> 211 7 DAYS TO FREMANTLE! TO USA/CANADA Alto KMetinf carfo lo USA Houston SjvmvuA Tunpi. Jacksonville. Wilvmncton (M) MorteHi. lattmar*. Dm Tort, Bocton FROM USA/CANADA/EUROPE/MEDITERRANEAN Vll TNT Eipres E. Hudig Bmse*
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    • 182 31 CSP SHIPPING AGENCIES PTE. LTD. TEL: *****66 (16 Lines) Tlx: ***** CSPFRT Fax: *****61 Orient Bulk Line INDEPENDENT FOREST PRODUCTS SERVICE TO EUROPE JUNO SHIPPING PTE LTD OFFICE: 11. KEPPEL ROAD #82-03 KEPPCL HOUSE SINGAPORE 0201 TIMBER/BREAKBULK SERVICE HKG SABAH JAPAN GM3 V-20 Sid 4/12 TEL: *****55 (3 LINES) TLX:
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    • 709 31 <CF5> CRYSTAL FREIGHT SERVICES CRYSTAL" WEEKLY CONSOL SERVICES V U.S.A. LOS ANGELES 1/12/88 v AUSTRALIA MELBOURNE/SYDNEY 7/12/88 v far east BUSAN 8/12 BANGKOK 3/12 HONG KONG 7/12 KEE/KAOH 5/12 CALL BOOKING HOTLINE FOR BEST RATES *****2Z TEL: *****88 TELEX ***** CFSIN FAX *****88 PLUSCOL MEMTIOMI PTE LTD TEL 223 9988
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    • 173 31 Tatsumi Marine DIRECT SAILING 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) S*PORE: NEPTUNE AGENCIES PTE. LTD Tflfc *****77, 27*5434, *****71 omct m mum smcts nt ltd. (tfocq tel am ANGLO FKNCN
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    • 338 31 UNIPACIFIC TRADING AGENCY PTE. LTD. SINGAPORE TEL; *****44 (9 LINES) FAX: *****90 IRAOI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT MV ALKINDI MV SINDBAD WEST BOUND SERVICE ETA S PORE LOAOINC FOR 5/12 Aqaba. Baghdad EAST BOUND SERVICE ETA S PORE LOADING FOR 15/12 Japan THROUGH UU to KACHOAD UPON
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  • Page 32 Advertisements
    • 599 32 FINE-LINER shipping PTE LTD /O Shenlon W )y 04 0?C Minna House S pore 0707 TEL ??i9077 (8 L.nes) TLX RS ??W1 FLINER FAX *****56 EUROPE SERVICE (FCL A LCL) inumf. ,ii iiii".j! iw IVU 7 1 niu ivi Wl2 H/U 2/1 w un w i*i nn m FAR EAST
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    • 670 32 ZIM FULL CONTAINS SERVICE accaptinj FCL/ICL arum u> USA i r ft JT Cjrribbwn.Ejtt Canada HAITI Coita Rica. El i Vm«"ga Nru, Ecuador. Co*omb«a v.a Kami Tnnrtad, Bartedot. 3 Lucia Hontsarrat Goayana via Kingston aza I'i 'i i ill b AUSTRALIA CONTAINER SERVICE ACCEPTING CABGO TO AKLAIOt VIA MELBOURNE AND
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    • 202 32 Everett Lines m PS. SINGAPORE FAX N0.*****K A TELEX NO RS2I3M Everett Steamship Corpn.S/A Clifford Cent' S«rgapCf*t Tft *****?1 Harn-jons C'cs*-«> n P e»rinq K I 368* ;m /OS^3 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI (TUES) PRASETIA (MONDAY) VOY SINGAPORE
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  • Page 33 Advertisements
    • 343 33 MTERCONTMEMTAL UNES AFGHAN/IRAN/IRAQ SERVICES ibzezdi DESTINATIONS SEABRIOGE EUROPE SCANDINAVIAN SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG UK. HAM, RTM, L. HAVRE, ANT, GENOA, ARAHUS, STOCKHOLM, Ha. CPH, GOTBG, MARSEILLES. OSLO ft ALL INLAND DESTINATIONS POINTS SEABROIGE FAR EAST. VIETNAM CHINA SERVICES WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG
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    • 362 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, 30/11 PORT LOUIS/REUNION 0 TRANSTAINERS WEST AFRICA SERVICE TUNIS/ALGIERS/CASABLANCA/NOUAKCHOTT/ DAKAR/BANJUL/CONAKRY/MATADI/LUANDA/ LOBITO Thru direct B/L to BAMAKO/NIAMEY/YAOUNDE/OUAGADOUGOU/ BANGUI/KINSHASA COWT. UNI MC. CHINA SERVICE VSL SIN MK TBN 24/11 2/12 TBN 5/12 9/12 TBN
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    • 544 33 HI SMfi KWMK NMK TEL: 733*411 FAX: *****47 TELEX: US ***** SKHST JENHOL V.93N JENWEL V.92N 4/12 JAKARTA 30/11 JAKARTA DESTINATION ETA S PORE BANGKOK 1/12, 6/12 PORT KELANG 3/12, 10/12 HONG KONG. CHINA PORTS 30/11. 10/12 KEELUNG. KAOHSIUNG 4/12, 13/12 MANILA 4/12. 11/12 BUSAN 1/12. 4/12 KOBE. TOKYO 3/12.
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    • 504 33 GLORY NAVIGATION GROUP 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN. TO SINGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH EAST-ASIA TO TAIWAN, HONGKONG AND THAILAND. ABLE TO LIFT REEFER OTHERS CONTAINERS iENT: OCEAN INTI MARINE CORP PTE LTD *****11
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    • 284 33 PTC CONTAINER LINES fCI ICI SERVICE PIC CjiAX)V AYcicj CARGO IN CONTAINER CO LTD FULLY CONTAINERISED/RO-RO VESSEL 4/12 HAIRATAN/KABUL/TOURGHUNDI Genera, Agents POH TIONG CHQON SHIPPING (PTE) LTD TEL. 220U66 FA* *****41 T l *S42'?'3t Port Keleng Agent SHAPADU TRANS SYSTEM SON BHD TEL: *****40 fA* *****77 T L» MA***** n
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  • Page 34 Advertisements
    • 492 34 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines, TLX MS ***** RS ***** fc, I \M IK\ \K I l\l K 1) STRAITS/ JAPAN/ STRAITS SERVICE PECIALIST IN RO-R0 HEAVY LIFT! •For Ditcharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime
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    • 297 34 COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEM-CONTAfCR SERVICE TO NORTHBOUND TO UKC S PORE RDM/A DAM HBC HULL (U.K.) TAMAITAI SAMOA VI4N 4/12 1/1 7/1 12/1 FORTHBANK V23N 27/12 25/1 29/1 1/2 IVYBANK 20/1 11/2 22/2 25/2 'Alto Acc*tin( FCI Ant*efi»/Breiwn/Fe<iistowe/Seuthi«nolo«vß«<f*sVU<ithw«l*irt (ASIA-SOUTH PACIFIC JOINT SERVICE) I
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    • 227 34 tern P.T. MASKAPAI PELAY PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OfTPORE, INDONESIA, MALAYSIA A THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND, BKK. FOR BOOKINGS CALL SPE&RGO FORWARDING AT TEL *****54/27)0170 VSL PUL ADIL MANDIRI PUL ADIL MANDIRI VOY SIN
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    • 627 34 will CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 W-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEtDCR rrr TP OTHER OCSTINATIONS AAM4US, AMSTERDAM. ANTWERP. BASLE. BREMEN BREMERHAVEN COPENHAGEN HELSINKI. MALMO. OSLO. STOCKHOLM. UK FROM EUROPE
      627 words