The Business Times, 25 February 1987
1987-02-25
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The Business Times
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Title Section12 1987-02-25 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, FEBRUARY 25, 1967 75 CENTS12 words
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Article, Illustration242 1987-02-25 1 STOCK MARKET THE SINGAPORE stock market closed mixed in a day of erratic trading on moderate volume yesterday. The Straits Times Industrial Index eased 3.26 points to 1,068.01 while the BT Composite Index fell 9.48 points to 938.11. Total volume stood at 40.8 million worth $82.4 million242 words
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Article, Illustration584 1987-02-25 1 LINDA CHEE - Study recommends joint effort to promote Republic By LINDA CHEE SINGAPORE'S image as a maritime centre needs some polishing, according to a study of where the Republic stands as a business centre for the international shipping community. The British study, commissioned584 words
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379 1987-02-25 1 HOMER CHEN - By HOMER CHEN STOCKBROKING FIRM Ong Co met its 34 creditor banks, led by First National Bank of Chicago, yesterday to discuss its future business plans and advised the bankers on the impact of the newly-passed Securities Industry Act. In a statement, Ongco said379 words
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116 1987-02-25 1 Reuter INDONESIA faces a major problem in finding the cash to finance its share of foreign aid projects, the chairman of a group of overseas donors said in Jakarta yesterday. Speaking to reporters after a meeting with President Suharto, Dutch Minister for Development CooperationReuter - 116 words
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280 1987-02-25 1 Reuter THE WORLD DEBT CRISIS, which since 1962 has frightened and more recently frustrated international policy-makers, could be entering a new and more dangerous phase, analysts say. In the past few days, Brazil the Third World's biggest debtor has suspended payments of interestReuter - 280 words
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Article72 1987-02-25 1 Reuter KHOO TECK PUAT's adviser, Shearson Lehman Brothers, will meet National Bank of Brunei creditors today to discuss proposals to pay off NBB's liabilities of about Bsl billion. There were similar meetings in New York and Paris last week to rally support among the 33Reuter - 72 words
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Article20 1987-02-25 1 PARLIAMENT will sit next Wednesday. The Budget for financial year 1967 is expected to be delivered on Friday.20 words
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Article97 1987-02-25 1 AFP FIVE of the seven members of the Association of Tin Producing Countries will limit their exports from March 1, said Hardjoko Seputra, the chief spokesman of the Indonesian Mines and Energy Ministry, yesterday. Indonesia, Malaysia, Thailand, Bolivia and Nigeria have agreed to impose exportAFP - 97 words
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275 1987-02-25 1 Reuter A MULTI-BILLION-DOLLAR market in bank bonds collapsed yesterday, leaving some of the world's largest banks stuck with the best part of US$l7 billion of unsellable investments, dealers said in London. The market for banks' Perpetual Floating Rate Notes, or "Perps" as traders call them,Reuter - 275 words
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521 1987-02-25 1 NAJEEB JAAHOM - By NAJEEB JAAHOM CASHING IN ON its unexpected record profit performance in 1966, DBS Bank's insurance arm. Insurance Corp of Singapore, is tapping the market for about $46 million through a one-for-four rights issue at $6 a share. Suspended yesterday,521 words
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152 1987-02-25 1 UPI THE Japan*»* government s Economic Planning Agency, reverting its assessment of a month ago, said yesterday that Japan's trade surplus had again begun to show signs of expansion. In its monthly report, the agency noted that while imports showed no growth in January, exportsUPI - 152 words
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Page 1 Advertisements
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Advertisement198 1987-02-25 1 \Y It* Looking forward to better times ADVERTISING and Marketing offers agency rankings among the internationals in Singapore and their projected earnings and billings for this year. Agency heads look back on the recessionary climate of 1966 and pronounce a better bill of health in the Year of the Rabbit198 words
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Advertisement311 1987-02-25 1 More reasons not to light up ANTI-SMOKING CAMPAIGNS in the US have caused tensions in the workplace. However, smokers are beginning not to oppose these campaigns as fiercely as they used to. Some employers have, meanwhile, devised new incentives to encourage smokers to quit smoking. See Page 8 'mm TV311 words
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Advertisement193 1987-02-25 1 Tff OCMMTTMENT Another gocd reason WHY SHERRY COMPUTERS ARE UNQPESTICNAHy BETTER J. &?a?s2& *17-^ There's no question about it, Sherry computers are here to stay. That's why at great cost we obtained an OEM license from Microsoft for MS-D053.2 and GW-8A51C3.2 plus a license to use BIOS from Phoenix® Technologies193 words
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HOME NEWS
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454 1987-02-25 2 SOH TIANG KENG - By SOH TIANG KENG SINGAPORE it making a bid to play boat to tha naxt World Congress of Accountants in IM2. Thia conference, held every five years, normally attracts 6,000 to 10,000 delegates and is the largest international gathering of accountants. A spokesman454 words
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Article, Illustration375 1987-02-25 2 THE JAPANESE Chamber of Commerce and Industry is taking the lead in promoting flexible wages among member companies More than 200 JCCI members yesterday attended a seminar on flexible wage systems to gat a better understanding of the wage reform report and how375 words
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77 1987-02-25 2 THE INDONESIAN Business Association of Singapore (IBAS) will hold its 52nd business luncheon talk next month at Hotel Meridien. The talk, by Richard Tarlington, will be on "Aspects of countertrade with particular reference to Indonesia". Mr Tariington is director of CargMl Trading. Those77 words
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195 1987-02-25 2 THE SECOND Deputy Prime Minister, Mr Ong Teng Cheong, began a four-day visit to Indonesia yesterday. Mr Ong is accompanied by the Minister for Labour, Mr Lee Yock Suan; and the Acting Health Minister, Mr Yeo Cheow Tong. Others in his team are195 words
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Article, Illustration521 1987-02-25 2 OPPORTUNITIES for publishing regional editions of international magazines are limited, with publishers having to sell a minimum of 50,000 copies to be profitable. This is the view of Mr Lee Hall, consultant to Time Inc and Playboy Enterprises, who is in Singapore521 words
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314 1987-02-25 2 CIVIL SERVANTS will be celebrating the fifth anniversary of Work Improvement Teams (Wits) on Friday. After the festivities, the Central Productivity Steering Committee will set about changing its Wits strategy to increase further productivity in public offices. These changes would try314 words
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Page 2 Advertisements
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Advertisement244 1987-02-25 2 The iw oooers iybrand ASSOdATESCAMETOUS FOR AD/ICE ON MORE EFFECTIVE MANAGEMENT BUo provide an even more efficient standard Uof service to their clients, Coopers Lybrand Associates, one of Singapore's largest management consulting firms purchased twenty Sherry computers from us. Coopers Lybrand Associates couldnt have made a better management decision. Sherrycomputers244 words
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Advertisement138 1987-02-25 2 make With A HOPING HAND FOR HOME BUYERS Once you've found your dream home, the next r*TOfl thing you have to look for is a good housing loan. WSt Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to ke it easier to own a138 words
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ASIA-PACIFIC
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Article, Illustration375 1987-02-25 3 Reuter INDIAN Prim* Minister Rajiv Gandhi is expected to extend his liberalisation of India's highly regulated economy when he presents the budget tor fiscal 1967/88 on Saturday, according to businessmen. Mr Gandhi took over the finance portfolio last month from V P SinghReuter - 375 words
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167 1987-02-25 3 AP THE INDIAN ECONOMY has grown about 5 per cent for the second consecutive year, in line with the government's goals. Speaking in New Delhi on Monday, President Zail Singh said the growth had been achieved in spite of weaker agriculturalAP - 167 words
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358 1987-02-25 3 AP SOVIET and Chinese officials have agreed to begin an examination of the full length of their border in a first step towards reeotving territorial disputes. The Tass news agency reported that the decision was taken before Monday's conclusion of two weeksAP - 358 words
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Article, Illustration547 1987-02-25 3 Reuter A YEAR AFTER President Corazon Aquino came to power, the Philippine economy has stabilised but hazy government policies are hampering a major revival, according to bankers and economic analysts. They say Mrs Aquino, who pledged to give the economy top priority afterReuter - 547 words
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169 1987-02-25 3 AP UNESCO has launched a major literacy campaign for the AsianPacific region, which has more illiterate people than any other area. Amadou-Mahtar M'Bow, Unesco director-general, said the programme will "mark a final stage in the eradication of illiteracy in this region which probably invented the alphabet"AP - 169 words
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98 1987-02-25 3 Reuter THE AUSTRALIAN Cabinet has approved a new defence strategy for the next decade, underlining a more independent poeture with greater emphasis on regional security. Government officials said yesterday the blueprint also emphasised the need to maintain Australia's close links with the US andReuter - 98 words
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255 1987-02-25 3 Reuter AUSTRALIAN Treasurer Paul Keating said yesterday he would announce significant spending cuts in a mini-budget in May to help ease his country's economic problems. He said in a statement that the measures, to be announced on May 14, would help moderateReuter - 255 words
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Page 3 Advertisements
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Advertisement296 1987-02-25 3 Akron Albany Albuquerque Allentown Anchorage Atlanta Austin Bakersfie/d Baltimore Qor. Billings Birmingham Boise Boston Buffalo Burbank Burlington Casper Cecfar Hapids .Charleston .Charlotte .Chicago .Cincinnati .Cleveland .Colorado Springs .Columbia Columbus Corpus Christi Dallas Dayton Denver Des Moines Detroit El Paso Eugene Eureka ȣprt Lauderdale Fort Myers Fort Grand Rapids Eureka Great296 words
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Page 3 Miscellaneous
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Miscellaneous48 1987-02-25 3 Doonesbury MR. CMPMAHI /HUSTOBjEcnoTH# eamfs&oN* SfAM&OFASetf' H& P Ir i! .IVT IF OUR SnVfOF SBf- 8X0056 LORD HUNKBNSBAXJUSU.Ua HASH* OMAffORPTDBB HZHA9TO SBBN ABA BUNCH SPBAKID OFFHMT-100FS! THGIAPY. A 25 BY GARRY TRUDEAU m m m i m UM~ BARBARA ANN, IF YOU CANT CONTROL HJURBAABMAN.. iA V K48 words
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REST OF HTE WOLRD
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415 1987-02-25 4 AP THE US ECONOMY, aid«d by a sizeable drop in its trade deficit, will enjoy a moderate rebound in growth this year, leading economists predicted on Monday. The National Association of Business Economists said its latest survey of member sentiment found growing optimismAP - 415 words
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300 1987-02-25 4 UPI PRESIDENT Alan Garcia has said it "satisfies the Peruvian government" that debtor nations may follow the lead of Brazil and Peru and unilaterally limit payment on their foreign debts. In a television interview on Sunday night, Mr Garcia said Brazil's announcement last Friday thatUPI - 300 words
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308 1987-02-25 4 AP THE HIGHEST-RANKING US official to visit Poland since 1961 has said that most Soviet allies in Eastern Europe want better relations with the US. US Deputy Secretary of State John Whitehead also said on Monday that during his trip, which includedAP - 308 words
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Article167 1987-02-25 4 Reuter ABOUT 100 million people in the world are living out on the streets, including 20 million children in Latin America, the International Labour Organisation (ILO) said. "More than one billion people, a quarter of the world's population, are either homeless or live in extremely poorReuter - 167 words
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148 1987-02-25 4 AP BUSINESS is good at a firing range in the Atlanta suburb of Marietta in the US. The targets are usually paper, but objects such as a computer terminal and television sets have been shot up at the Bullet Stop, a gunAP - 148 words
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154 1987-02-25 4 AFP IBM has introduced a personal computer that is able to recognise the sound of 20,000 words and print them instantly on a video screen. Ninety-seven per cent of those 20,000 words are used frequently in business conversations. IBM's T J Watson Laboratory onAFP - 154 words
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376 1987-02-25 4 AP CONDOM manufacturers, whose products were social unmentionables not so long ago, are experiencing big changes in their business, changes as rapid as the fearsome spread of Aids. After decades of flat sales, the market has taken off and is giving every indication ofAP - 376 words
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172 1987-02-25 4 AP THE MOST SERIOUS charge against the system of floating exchange rates for the US dollar and other currencies is that it fails to promots unified policies among major countries, an International Monetary Fund study says. Publication of the criticism onAP - 172 words
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Article794 1987-02-25 4 ARRIVALS Operator o#rvK» number Km From OA UA SU su su MAS SU KAL MAS MAS SU CPA MA gu su Al SU UB THAI SU SAS MAS CU SU SU CAL CU SU SU SU SU SU SU CU THAI KIM THAI CPA MAS MAS CU794 words
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Page 4 Advertisements
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Advertisement128 1987-02-25 4 Morning Noon& Night Wfe tee off to Bangkok *>«*.■ I IKtfli 1 earl y start Hearty breakfast. LrO You arrive in Bangkok ready for business, or, simply enjoy the delights of discovering the city. 0* m* A delicious lunch. An hour to relax. M»4Hr J J Arrive in Bangkok fresh128 words
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Advertisement56 1987-02-25 4 I A I /I I A AT T The business person's choice. 1 /1 /1 Y every Tuesday, Saturday and I pi 1%/ I I 1 Sunday. Leaving Changi Airport at J_-/Vyi- _l_l \L 22:05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canoda at56 words
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Page 5 Advertisements
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Advertisement152 1987-02-25 5 Hong Leong Group Welcomes IBM Singapore Pte Ltd to IBM Towers. i i>'A 'v J <t! ,V My.' J' it ,r /i i'';< 1 ,i ill I |l y l» g ~i» I'y'ij r S.\l! \\y^\ Bfi tit mi mi iiTlljjiJjjj-r i liTTitn i im i.i.J nij jini'TiT" iir huh152 words
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ADVERTISING & MARKETING
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788 1987-02-25 6 MONICA GWEE - By MONICA GWEE THE ADVERTISING SECTOR shrank a further 3 per cent last year on the heels of a 5 per cent loss in a mean year of business in 1985. High overheads and the recession cut into agency profits last year,788 words
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415 1987-02-25 6 CHARLES SAVAGE - By CHARLES SAVAGE ADVERTISING on the Mass Rapid Transit (MRT) system is expected to generate about $7 million in the first year of operation. Over the first three years, Pearl and Dean (P&D), the company chosen by the415 words
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649 1987-02-25 6 DIRECT MARKETING is shedding its foreign cousin status next to mainstream advertising. By the year 2000, general advertising will have grown by a compounded rate of 6 to 7 per cent, but direct marketing will grow by 10 to 14 per cent. A study by Goldman649 words
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Page 6 Advertisements
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Advertisement166 1987-02-25 6 never believe what this chair can do just by looking at it. wmwmm vM^wow^nwav^owww>mioo»^jmaw.jcjiiuunnru wini' In the case of the Zucomat, a picture isn't always worth a thousand words. For just by looking at it, you'd never know it has a sychromechanism that ensures both the seat and the back166 words
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Advertisement197 1987-02-25 6 ht Mn the ad game, the days are tough, the nights are long, and the work is emotionally demanding. Are you the man for the job? Take the challenge and grow along with us as we are about to add a fourth group to our account service team. We seek197 words
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RAW MATERIALS
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Article275 1987-02-25 7 RAS prices in S cmMq. fob In bales NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 188.00 189.00N 187.50 188.50N bit 1 RSS Mor 87 188.00 189.00 187.50 188.50 Int 1 RSS April 185.25 185.75 185.00 185 JO bit 2 RSS OP 177.50 179.50N 177.50275 words
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Article81 1987-02-25 7 (canH/kg, 1-ton pollalt) MAR 87 APR 87 (currant month) (forward month) NOON NOON RAS Ivy an e-|j ■vyars S^tort SSI 30 171.50 173.50N 170.00 171.00N SSR 50 169 JO 171.50N 164.50 170 JON MRELB Ivy art Sdton lwy»n Sedan SMR CV 264.50 266.50N 265.50 267.SON SMR L81 words
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Article224 1987-02-25 7 SINGAPORE The market closed quietly lower yesterday with March 1 RSS buyers quoted at 187.50 cents/kilo, down two cents from Monday. On the TSR-20 market, prices closed slightly lower in dull and featureless trading due to lack of interest. March and April TSR-20 ended at 164.50 and 163.00 cents/kilo,224 words
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Article716 1987-02-25 7 COFFEE Robusta futures closed firmer on Monday after a quiet session, with trade subdued as dealers awaited news from the International Coffee Organisation meeting. Prices ended £15 to £35 per tonne higher, and second position May finished up £16 at £1,526. Market uncertainty over if and when export716 words
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Article139 1987-02-25 7 Chinese Produce Bobusta 20/25% Exchange FOB NSW 405.00 Soilors' noon dosing prices on Nutmeg Fob 24 (S$/100 kg). 110 FOB NSW *****)0 Coconut oil BWP FOB NSW *****)0 It* FOB 90.00 Gambier CM dram FOB 100.00 FOB NSW 330.00 Now dram FOt 104.00 Copra London Commodity Mixad (loox)139 words
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Article124 1987-02-25 7 THE PRICE OF TM on the Kuala Lumpur Hn marital fall five cawta to M 516.94 a kilo yesterday allar holding steady for five trading days. The fad was attributed to a large offering of 205 tonnes at Monday's II.N dose. Moot sellers decided to124 words
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Article108 1987-02-25 7 OIL PRODUCTS JET KEROSENE weakened with present slack demand and fresh business at lower prices. Fuel oil remains hazy as supplies continue high, but with talk widely ranging from US$77-US$B4 per tonne FOB S'pore. Gasoil weaker on fresh business. Naphtha weaker as Japanese end-users continue relatively relaxed. LSWR stable and108 words
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Article169 1987-02-25 7 MALAYSIAN crude palm oil prices closed higher yesterday on covering interest in a further technical adjustment to the recent falls, and extending yesterday's rise. Dealers said that the rise was in line with firmer palm oil futures and followed a higher overnight Chicago soyoil futures close. In the169 words
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Article66 1987-02-25 7 Bangkok Broken Rice (USS/tonm, FO«) A-l Super A-l Sp*ckil 133 1)0 White Rice C-1 Special «nq 100% 1 st doss 255 CI Ord unq 100% 2nd ckm 220 Loonzain Rice 100% 3rd ckm 215 100% 1*r grade unq 5% 205 100% 2nd grade 215 »o% 200 100% 3rd grade66 words
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Page 7 Advertisements
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Advertisement39 1987-02-25 7 Why offer 111-health m /'n AP( 9 mm /J\ <ssr\ c ">: V I You are offering lung cancer heart disease and other serious illnesses when you offer a friend a cigarette. Training Health Education Department, Ministry of Health, Singapore.39 words
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Advertisement223 1987-02-25 7 Canon EXTRAORDINARY m 4 stocks?!*® The amazing NEW Ca i r Now, for the very first time am advanced compact desk top facsimile that's also a multi-function telephone. As a G3 fax machine it is fast. Because it's so speedy, you save money in transmission time. To save you time,223 words
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FEATURES
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482 1987-02-25 8 IT MUST COME as some surprise for the local shipping industry to learn that it is not so much extra tax incentives as a better image that might be standing in the way of Singapore becoming more of a ship-owning and ship-management482 words
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Article, Illustration1057 1987-02-25 8 ANDREW MALCOLM - By ANDREW MALCOLM NYT A MOUNTING DRIVE to limit public smoking in the United States is complicating many personal relationships and creating some serious tensions in the workplace. The immediate effects range from strained friendships to lawsuits, from verbal confrontations to ostentatious coughing and armwaving. Employers areNYT - 1,057 words
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Page 8 Advertisements
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Advertisement185 1987-02-25 8 Specialist Training for Business Communication Tailor-made for your company 1«5 Whatever the professional expertise and abilities of your staff, your organization is not deriving maximum benefit unless they have appropriate communication skills. Specialist Ihuning Communication skills can be learned. And the British Council's Business Communication Unit offers the specialist training185 words
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Advertisement43 1987-02-25 8 yj' -y: .r-SJ*r: *V f; s&'.iiaa# h£f^£ WlWs*~ IkF sS" j* v k V m N. Pl i ip- .5 £R! J|§§>' <rrv«*> -> ffk.* <«*ss*r NdHEt T rw* jvzeihU* I Singapore zim. Telephone 467-3866 Ifelex RS ***** Your permanent partner for real productivity43 words
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Page 8 Miscellaneous
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Miscellaneous58 1987-02-25 8 O(?\STOU> IF i Meprf? owe moee BORING UXDRD OF VOU* BORING 1 SKIING MOUDftY I LL RpcnTHC contents of my in -tww doljm) VOUR SORIMG TUROPkT Y U 7 NOOR SoRiMG TV« v P&) l! Srf-JI (ry\y, pr>y ou lN) Aw mOOD foD*y you Rgtoind me. or CHP>p i mer58 words
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Miscellaneous626 1987-02-25 8 CRYPTIC PUZZLE ACROSS 1 Original source of much ■trite (5) 6 Like a fieldsman's point? (5) 9 A doubtful word (7) 10 Like one's noee, it needs to be blown (5) 11 Piece of high ground with some bridges (5) 12 French city of character (5) 13 Not a rodent-drawn626 words
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SPORTS
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372 1987-02-25 9 WALTON MORAIS - By WALTON MORAIS ON A DAY when all the playing seeds won through to the second round, fourth-ranked Kazuto Sakurai served notice that he will be a force to reckon with in the Marina Square Singapore International Junior Tennis Championships. The 16-year-old Japanese372 words
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429 1987-02-25 9 UPI BEN CRENSHAW, who lost to TC Chen on a playoff hole at the US$6OO,OOO Los Angeles Open, says Chen will only get better after his first victory on the PGA tour. "T C is a very determined player," CrenshawUPI - 429 words
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Article98 1987-02-25 9 UPI CINCINNATI Reds shortstop Kurt Stillwell, who earned US$6O,OOO as a rookie last season, has signed a 1967 contract believed to be worth US$BO,OOO to US$B5,OOO. "It was fair," said Stillwell. "I'm happy to get any kind of a raise." Stillwell hit .229 in 104UPI - 98 words
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Page 9 Advertisements
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Advertisement127 1987-02-25 9 Only 4 days left to place your ad. •i k'.. &sr* 4 m*ss amSm 4 |#|gy- <*?. <*■ is. V 'Itr. >. V «■> m k v„ v as <*c a* ■x*** C 4&** ,r 4 mlvwl incJifc*. <* WE ARE USED TO BHNG WELL USED Well-worn and dog-eared, Yellow127 words
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Page 9 Miscellaneous
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Miscellaneous1225 1987-02-25 9 THE FAR PAVILIONS 9.30pm, Channel 5 In this concluding episode, Ash (Ben Cross, left) journeys back to Mardan, after having fulfilled his last duty as a British agent. Upon his return, he learns that the Ruler of Bhitor is very ill and likely to die soon. The dramatic tale of1,225 words
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INTERNATIONAL STOCKS
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Article267 1987-02-25 10 Reuter SINCE the Big Bang deregulation of London's financial markets last October, stockbroking firms have seen their profits dwindle and are unlikely to begin making money until some are forced out of business, market analysts say. Financial services analysts, fund managers and brokers agreeReuter - 267 words
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199 1987-02-25 10 FT GEOFFREY COLLIER, the former joint securities chief at Morgan Grenfell, the UK-based merchant bank, is to face three charges of insider dealing in shares of Cadbury Schweppes, the food and drinks group, in addition to three relating to AE, the engineeringFT - 199 words
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Article87 1987-02-25 10 Reuter ROTHMANS INC. the Canadian subsidiary of Rothmans International PLC, says Elders IXL Ltd, the Australian brewer, will make a cash takeover bid for Carling O'Keefe Ltd at CslB per share. Rothmans Inc says it plans to tender its 10.9 mil- lion shares, or 50.1Reuter - 87 words
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376 1987-02-25 10 Reuter A POWERFUL SELL-OFF of bank issues in response to Brazil's decision to suspend its foreign debt interest payments set the tone for Monday s market as stock prices closed lower in moderate trading. The selling pressure was accentuated by ar-bitrage-related programme trades.Reuter - 376 words
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Article138 1987-02-25 10 FEB 23 Abitibi CI 37 <- -1 Imp Oil CI A Inco Int Prov Pi pa lu Infl 56% 20% 44 22% -1 -X 40% -X 19% -X 10% 13% -X Bank Nova Scotia 18% -1 McMil Bldl 62% •1% Bank Of Montraal 36% -1% 26% -1% 31% 36%138 words
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Article195 1987-02-25 10 >- rb a NO NAM USTMALB Tongaat Truat Bk Un Staal Wooltru 1010 149 00 1475 unch 1 *♦■2 unch A Alpha Abarcom 1500 410 -36 IQt 0075 +130 Aad 1660 -t-25 Angvaal *****6 500 Sar*:::::::::: 510 5400 unch -1-100 Blyvoor Buflala 2450 7850 75 +150 lim •36 C195 words
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Article558 1987-02-25 10 Alcan Alumin. Alcoa 37* 43% 1554 Allied S»g 46* Allied Storm Allie-Chalmera Am Brand* Inc 3* 51* 103* unch Am CyanamM 93* 29% 60* -1% Am Horn* Prod 86* 3* •1% Amu Inc 17* Amerada Hm 28* 72* Amr Corp 56* 8* 19* AH Richfield AM 87* 23558 words
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Article817 1987-02-25 10 Amsterdam pu a PUS ABN 507 50 -9.5 Aagon Ahotd 6690 107 00 -05 -2.4 Akzo Alranta ***** 142 20 -1.1 0.1 AMEV Amro Bank Am Stad 66 20 64.60 126.00 -1.1 -1.7 -0 3 Barkal HOLS 17.20 146 SO 0.7 -0.5 Boraumij 140 Buahrman Tattaroda 52.10 Calva817 words
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Page 10 Advertisements
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Advertisement510 1987-02-25 10 Vs ii Wtere to viae, aM eatertalii ml/ 17 buffet selections daily, with limitless cups of tea and coffee. Try our nonya kuehs. ice-kachang. tau-suan, curry puffs, mini pizzas, noodles, pies, French pastries, ice- cream and fruits. If these sound good, there's more. Six local favourites. anything from chye tow510 words
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Advertisement130 1987-02-25 10 }$@?"/=\^~!$&_|\(__'_>,)_
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ASIAN STOCKS
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Article451 1987-02-25 11 HONGKONG: Share prices yesterday closed sharply lower but above their lows after late buying linked to speculation about a further reorganisation of the Jardine Group, brokers said. The Hang Seng Index fell 30.82 points to 2,848.19 after lagging by more than 60 points earlier. The Hong Kong Index was451 words
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Article219 1987-02-25 11 FEB 24 All Sincere Indus NT 2 46 fL 0 04 Koiin 28 80 Kuochan Dev Lee Chang Yuen Chem Indus 28 10 33.20 unch -0.7 Cathay Con* 42 80 0.2 -0.5 -0.1 0.1 -04 0.1 -02 Lien Hwa Indus 21 40 38 10 -03 0.2 Pacific Cons 29219 words
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Article340 1987-02-25 11 TOKYO: Shares advanced in heavy trading yesterday as sharp gains for Nippon Telegraph and Telephone (NTT) triggered buying of related firms, brokers said. The market average closed up 135.98 at 20,076.48 but declines led advances five to four in turnover of 1.4 billion shares. NTT surged 360,000 yen to340 words
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Article88 1987-02-25 11 FEB M ff09 Mint—1 Oriental B 0 002 unch 0029 -0 001 Acoja Mining Anglo Phil 0 006 •0.0466 Philax B ynS) Apex Mining B 0 06 Picop B Atlaa Con. B 20 ♦1 PLOT 282 50 2.5 Baguio Gold 0.006 uncti San Miguel B 124 1 Baatc Petroleum88 words
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Article399 1987-02-25 11 SYDNEY: Australian share markets closed lower yesterday, retreating from Monday's record levels, as weaker gold prices and an absence of positive economic news sent the market down. However, brokers reported strong demand for leading industrial stocks such as Pacific Dunlop, Amcor and Amatil, despite the general downward trend At399 words
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Article116 1987-02-25 11 n m WON +fKal 1316 26 2799 .1 Kangwon Ind Kia Motor ***** 1790 130 30 546 -IS Koton Ind 3660 Daewoo Corp 966 23 Korea Long Term.. 2126 26 Daewoo Heavy 1266 7 Lucky Lid 1460 3 Daishin Securities 3601 51 Oriental Brewery... Oriental Cttem 1546 16 Dong116 words
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Article131 1987-02-25 11 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.22 to 208.69 on a turnover of 1,039,305 shares worth 137.1 million baht. FEB M BANT Saha Unton Mi unci) Siam Csmant 819 uneh Ao Khiin Thti Camsnt 728 unch Ms zest* ti b2I££b25? Si if £~*.112 1 uangKOKReuter - 131 words
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Article78 1987-02-25 11 Reuter THE SECURITIES EXCHANGE of Thailand will delist J and J Ho Co from today. A spokesman said the delisting follows the company's failure to convince the exchange it could improve its financial position snd operations. J and J Ho Co, a fast-food chain,Reuter - 78 words
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661 1987-02-25 11 Bajaj Auto one of interested parties FT ABOUT FIVE Indian-owned companies including Bajaj Auto, which is the world s second largest producer of scooters, are believed to have expressed an interest in buying Ashok Leyland, the Indian truck and bus offshoot of RoverFT - 661 words
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Article185 1987-02-25 11 Reuter FIRST PACIFIC Holdings Ltd is of* taring to srrsnge the takeover of Associated Bank of the Philippines in s deal worth US$2O million, First Pscific managing director Manuel Pangilinan said. He said First Pacific has contacted the Philippine central bank and the Development BankReuter - 185 words
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Article89 1987-02-25 11 AP MATSUSHITA Electric Industrial Co has «greed to pay US$l.9 million to International Business Machines Corp for infringing the copyright of an IBM computer chip, a Matsushita spokesman said yesterday. Matsushits, Japan's largest electric appliance maker, has recalled about 1,000 FXBOO personal computers thatAP - 89 words
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Page 11 Advertisements
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Advertisement564 1987-02-25 11 M N Wtefe io wliHs, dia« aai entertain Si Cf% Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satayl. spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The564 words
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Advertisement38 1987-02-25 11 SI |M J t Lunch Hours: 12 noon 2.30pm (Mon to Sat) 11.30 am 2.30pm (Sun Public Holidays) 19. Cairn hill Circle. Singapore 0922. Tel; *****22 Telex: RS ***** BIG BONUS MENUS AT THE FRAGRANT BLOSSOM RESTAURANT MwvUi38 words
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BANKING AND FINANCE
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435 1987-02-25 12 Bid to have new accounting method Reuter SIGNS THAT the Tokyo Finance Ministry is seeking to tighten Ha rein on special money trusts have aparked concern in the stock market but analysts and brokers say the heyday of the popular investment voMdee iaReuter - 435 words
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Article152 1987-02-25 12 THE SINGAPORE International Monetary Exchange will organise a seminar in New York next month to popularise the Nikkei stock index contract. The seminar, to be held on March 12, is sponsored jointly by Goldmsn, Sachs and Co, Nomura Securities International and Salomon Brothers. Simex152 words
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Article696 1987-02-25 12 SINGAPORE: The US dollar ended slightly lower against major European currencies yesterday but a shade higher against the yen compared with New York levels. Trading was thin throughout the day with the dollar fluctuating narrowly as most operators were reluctant to push it either way. The market had696 words
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Article226 1987-02-25 12 Interbank rates at 3pm yesterday: ■to (Mtor TV local do*oi n to ono unk of foratgn curroncyi US dodot XI440 2.1430 ***** -2X96 Storting pom d 3 30 78 ***** ***** Atatroltoo do •or 1.4332 1.4360 3.4286 -56.20 HZ dolor 1.1845 1.1(72 X4286 -4; Canadian da •or 1.01)4226 words
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Article246 1987-02-25 12 HONGKONG: Gold closed steady in fairly quiet trading. It ended at U*****.10/50 an ounce compared with New York's U*****.10/60 close and Monday's finish here of U*****.60/U*****.10. On the local market gold lost HK$l9 to end at HK53.744 a tael. The Krugerrand shed HK$3O to end at HK53.140 or246 words
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Article, Illustration62 1987-02-25 12 THE OVERNIGHT rat* on the Singapore interbank market ched point to cloee at 3 per cent yeeterday. The term ratea each roee point to 3X per cent priMtaMh* rata* Stt** iiiijni tirntii In tlimiiim r S$ Interbank rates at 7pm ytfrdayt Offer M 3 J7/| 3 '/a 362 words
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Article197 1987-02-25 12 ASIAN DOLLAR deposit ratea cloeed little changed from opening leveta. Short-date* were moetty steady at the outset and remained unchanged subsequently. Overnight and Wedneaday/Thuraday closed at 6-1/8 0 per cent each and week-fixed at 61/4 6-1/8. Asian dollar CO rates held steady at the morning's levels in197 words
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Article629 1987-02-25 12 A FIRMER DOLLAR and drop in oil price overnight saw the June Eurodollar opening 3 ticks higher at 03.08. The firmer opening, however, soon gave way to sideway trading as market participants were uncertain about the outlook for the dollar and Its attendant implications on the credit market The629 words
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Page 12 Advertisements
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Advertisement577 1987-02-25 12 (tncorporwfd In fw of Sktgtpm) To: Al Shareholders (I) AUOfTED RESULTS FOR THE YEAR ENDED 31 3 Group Net Profit (Mem 2(g) as percentage of Turnover) 9.1% 6.1% 4 Group Net Pro* (Mm 2(1) aa percentage of leeued Capital and Heaervea at end of year) 16.2% 10.4% 5 (a) Share577 words
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Advertisement147 1987-02-25 12 The anneuncemeni aepwrs manar al raoord« L&M GROUP INVESTMENTS LIMITED (Incorporated in tha Rapubbc of Singapore) RIGHTS ISSUE OF 5515,080,645 7Vi% UNSECURED LOAN STOCK 1986/1991 WITH TRANSFERABLE SUBSCRIPTION RIGHTS Managed by Standard it Chartered STANOARO CHARTERED MERCHANT BANK ASIA UMITEO Underwritten by STANDARD CHARTERED MERCHANT BANK ASIA UMITED CITICORP INVESTMENT147 words
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SHARE INFORMATION
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Article, Illustration4256 1987-02-25 13 SHARE PRICES closed mixed yesterday in heavy trading as late buying interest erased some of the losses due to early profittaking. The Straits Times Industrial Index eased 3.26 points to 1.058.01 while the BT Composite Index fell 9.48 points to 939.11. Turnover dropped4,256 words
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Article261 1987-02-25 13 SINGAPORE Rises Ind less 1070 30 Mi 23 Feb 24 f 1 N IT ComAt 94*_59 939.11 Metre M Wg* #00 30 IThdkdor 4917*79* 4M***** Seocorp 50* 300 20 IT 0*/0S 377 271 TemarM 210 1* ITCAOt -*2*4 -*2M OUT 233 ■♦•12 •T 0*V +****** 4l1t*4 Ouidt261 words
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Article4175 1987-02-25 13 810 and offer prices officially listed and business in and reported to tl>e Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contrects are quoted after the word "SETT".4,175 words
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Page 13 Advertisements
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Advertisement8 1987-02-25 13 KL market report, Business done on the KLSE.8 words
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COMPANY NEWS
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Article, Illustration372 1987-02-25 14 SAPURA HOLDINGS Sdn Bhd, the controlling shareholder of publicly-listed Malayan Cables Bhd (MCB), has placed another two blocks of MCB shares, reducing its stake in the company to just over 50 per cent. The total value of the share placements, amounting to 10.58372 words
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Article449 1987-02-25 14 THE KUALA LUMPUR stock market closed mixed to easier again yesterday. Blue chips lost some ground while selected low-er-liners were firmer. The softer trend was an extension of Monday's mild correction as heavy scrip delivery and profit-taking continued to be felt A stockbroker said449 words
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Article102 1987-02-25 14 HONGKONG Hongkong Index Tuesday 1827.21 Monday *****7 Week ago 1791.74 Hang Song Indox Tuesday 2848.19 Monday *****1* Week ago 2792.08 All Industrials Tuesday 2544.1 Monday *****Week ago 2485 7 NEW YORK Dow Jones Monday 2216.54 Friday 2235.24 Week ogo Closed TOKYO Nikkei Average Tuesday *****.48 Monday *****.50 Week102 words
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137 1987-02-25 14 LARUT TIN FIELDS Bhd's newfound retail venture has suffered its first major setback. The former tin miner turned retail operator disclosed yesterday that it was closing one of its two Chujitsuya outlets in Kuala Lumpur because of poor business. Besides the Chujitsuya137 words
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401 1987-02-25 14 Reuter HONGKONG LAND Co Ltd has proposed a HK$l.5 billion rights issue to demerge the now whol-ly-owned Mandarin Oriental Hotels operations and its 32 per cent stake in Jardine Strategic Holdings Ltd. A company statement said HK Land shareholders will receive 80 per centReuter - 401 words
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Article2798 1987-02-25 14 BID tad after prim officially Hated and bmbmm to reported to the Kuala Lumpur Stock Exchange yesterday, wtth the amnbar of Aarw traded shoara to brackets to lots ot 1,010 units onleaa otherwtoe INDUSTRIALS Acmo I—l 0108 HQS) Aloa HMg 1 I Alcorn «38 MSI2,798 words
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Article234 1987-02-25 14 Monogers' priest MARA-Bumiputra for Feb 25 FWrt B'putro S*cond B'putro 401 537 606 542 Singapore Unit Trust Th* Commix* 1 03 III TWd B'putro Fourth B'putro Fiftti B'putro Sixth B'putro S*i*mh B'putro IAI 421 4J0 320 426 416 326 Th* Savings Fund S'por* frog Fund 0.93 0.41 10}234 words
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Article106 1987-02-25 14 MALAYSIAN TOBACCO COMPANY Bsrhad: 30th A6M at the Ballroom. Hotel Equatorial, Jalan Sultan Ismail, Kuala Lumpur, today at 11.30am. RAHMAN HYDRAULIC TM Berhad: 75th AQM at the Penthouse, 19th Floor, WIsma Jerneh, 38 Jalan Sultan Ismail, ***** Kuala Lumpur, today at noon. FRASER A NEAVE UrnHsd: 88th AGM106 words
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Page 14 Advertisements
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Advertisement125 1987-02-25 14 co o o> a> Lu s wHTSHOUD Because only PSA offers you a choice of warehouses right at the wharves. Some inside the Free Trade Zone. Some with their own self-contained offices. From 95 sqxn. upwards. By the day, by the week, by the month. You name it. Nobody's got125 words
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Advertisement432 1987-02-25 14 Jj» >€' 1.1 At u Extraordinary General M—ting of the members of BAuRDOEZ TRADING PTE. LTD. duly held ud ooimed at 100, Upper Croat Street #07-00. OG Building Bii*apore 0100 on 28rd Nmry 1007. the following Reeolutlone were duly passed:"That the Company he wound op voluntarily puraaant to Section SOOflXb)432 words
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COMPANY NEWS
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Article, Illustration425 1987-02-25 15 NAJEEB JARHOM - By NAJEEB JARHOM AN UNEXPECTED 15.1 per cent fall in last year's second-half net profits to $1.13 million, a period when stock markets were enjoying a bull run, has checked the profit growth of United International Securities. The closed-end investment trust425 words
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Article852 1987-02-25 15 LONDON shares yesterday opened with an easier bias in continuation of Monday's trend with the falls fuelled by Wall Street's 19-point drop. Trading, however, was quiet and selling interest relatively light, dealers said. At 11.00 am, the FT 30 Index was down 6.4 points at 1,550.5 while the852 words
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263 1987-02-25 15 Bernama SIM LIM INVESTMENTS Ltd has been asked by the Stock Exchange of Singapore (SES) to furnish additional information on the sale of its wholly-owned subsidiary Sim Lim Co Pte Ltd (SLCO) to Soon Peng Yam Re Ltd (SPY). Sim LimBernama - 263 words
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575 1987-02-25 15 AMY CHEOK - UIC chief acquires 55 million new shares at par value By AMY CHEOK OEI HONG LEONG. the president and chief executive officer of United Industrial Corporation, ia acquiring 55 million new shares at par value in Far East Consortium, a Hongkong-listed575 words
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247 1987-02-25 15 (MJBSi?) HOTEL TAJ-PAN Ltd is in the process of implementing its capital restructuring scheme following approval from sharsholders and the High Court of Singapore. The company has also obtained approval in principle from the Stock Exchange of Singapore for its proposed $15 million rights issue and247 words
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452 1987-02-25 15 HOMER CHEN - By HOMER CHEN HILL SAMUEL Merchant Bank Aaie Ltd has served a bankruptcy petition against Mr Sng Hock Seng, e director of defunct stockbroking house City Securities. The local subsidiary of the UK merchent benking group obtained judgement against Mr Sng on Sep 19,452 words
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Page 15 Advertisements
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Advertisement192 1987-02-25 15 UNITED INDUSTRIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) fC'it «> i i C>f.\ > Application baa ban made to the director! of the abovenamed company to Issue duplicate share certiflcates to place of the following share certificates which have been reported lost or destroyed: No. of Shares Certificate192 words
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Advertisement307 1987-02-25 15 The Zenith portable PC makes one thing perfectly clear. Words Presenting the Zenith Z-181 Laptop PC. Half the size... twice the power... plus three times the readability. 4 <«. Finally A portable PC that's not only powerful and easy to carry, but also easy to read. The Zenith Z-181 Laptop307 words
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Article, Illustration493 1987-02-25 16 ELAINE KOH - OAF Ltd singled out as one of two interested By ELAINE KOH OAF LTD has been identified as one of two new parties interested in taking over troubled Emporium Holdings. This comes at a time when an initial agreement signed last December between493 words
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206 1987-02-25 16 UPI THE CHIEF of the US Overseas Private Investment Corp said yesterday that a major New York investment banking firm had agreed to handle a Philippine investment fund worth more than US$lOO million. Craig Nalen, president of'the US investment agency, said inUPI - 206 words
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97 1987-02-25 16 THE NINE CREDITOR banks of troubled coffee giant Teck Hock Co yesterday made a counterproposal to an unidentified foreign commodity conglomerate which had offered to buy a major stake in the parent company and one of its four subsidiaries. They suggested that the prospective buyer97 words
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Article, Illustration715 1987-02-25 16 LEE HAN SHIH - By LEE HAN SHIH Property Corrospondont THE DEAL that promises a HKS9OO million profit for property tycoon Ng Teng Fong and his partners was finally signed late on Monday night. Neither Mr Ng, who initiated the Financial Square project in 1964 and sold it three years715 words
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Article, Illustration581 1987-02-25 16 BRIAN GOMEZ - By BRIAN GOMEZ THE GOVERNMENT may allow 77>e Asian Wall Street Journal to provide free newspapers to subscribers if the Singapore copies, beyond the restricted 400 copies, carried no advertisements. The Minister for Communications and Information, Dr Yeo581 words
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Article61 1987-02-25 16 Bernama THE MALAYSIAN government is carrying out a twopronged strategy to expedite the technological growth of small- and medi-um-scale industries. The Minister for Science, Technology and Environment, Datuk A mar Stephen Yong, said in Kuala Lumpur yesterday the government had directed that all research bodies directlyBernama - 61 words
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390 1987-02-25 16 Reuter SOUTH KOREAN officials yesterday predicted another good year for the country's economy, with the current-account surplus increasing again and the huge foreign debt dwindling. The Bank of Korea yesterday announced that the current account surplus, which includes trade in servicesReuter - 390 words
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370 1987-02-25 16 THE GOVERNMENT has taken issue with points made by the Financial Timea and The Economist in their reports on The Asian Wall Street Journal (AWSJ) affair. Singapore's Acting High Commissioner in London, Mrs Mary Seet-Cheng, has written to both the financial daily and the370 words
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Article77 1987-02-25 16 Reuter COMEX gold futures yesterday dipped through Monday'a lowa on early aelling against a higher dollar before steadying ahead of the Federal Reaerve Board chairman Paul Volcker'a congresaional testimony later in the day. Gold for delivery in April recovered to U*****.80 early yee- terday with a loes ofReuter - 77 words
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Article62 1987-02-25 16 Reuter WALL STREET stock prices moved higher in moderate activity early yesterday. The market seemed to regain some of its composure after Monday's nervous dealings. The Dow Jones Industrial Average, which closed nearly 19 points lower on the previous day, recouped five points to 2221. Advances ledReuter - 62 words
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LATE FILE
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Article37 1987-02-25 16 AFP JAPAN'S central bank chief, Satoshi Sumita, Mid in Tokyo yesterday that any major shifts in existing foreign exchange ratea could harm economic development "Everyone wishes for stability at current levels." AFPAFP - 37 words
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Article47 1987-02-25 16 AFP JAPAN'S long-term prime lending rate will be lowered by 0.3 points to a record low of 5.5 per cent per annum, effective Saturday. The rate is charged on commercial bank loans for investment in plants and equipment by corporate firms. AFPAFP - 47 words
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Article53 1987-02-25 16 Reuter TAIWAN has urged two international textila federations to fight a US Congreaaional Bill that would limit imports. A spokesman for the Taiwan Textile Federation said yesterday that an appeal had been sent to the Zurichbased International Textile Manufacturing Federation and the International Apparel FederationReuter - 53 words
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Article33 1987-02-25 16 Bernama THE MALAYSIAN government hopes to see major construction projects in the country undertaken only by local building contractors one day, Deputy Prime Minister Ghafar Baba said yeatsrday. BernamaBernama - 33 words
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54 1987-02-25 16 Bernama MALAYSIAN Chinese Association president Datuk Dr Ling Liong Sik said yesterday that no MCA minister or deputy minister held permanent reeident status overseaa. "I have not and will never recommend anyone with dual status to be a minister or deputy minister," he saidBernama - 54 words
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Article32 1987-02-25 16 UPI WEST GERMANS are no longer pessimistic and they face the future with optimism, according to a public opinion poll released by the Allenebsch Demoscopic Institute yesterday. UPIUPI - 32 words
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Article64 1987-02-25 16 Reuter A CONTROVERSIAL Belgian law increasing the powers of the authorities to take human organs for transplant operations without direct consent came into force yesterday. The law, which presumes no objections on the part of all Belgians and resident foreigners to becoming automatic donorsReuter - 64 words
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Page 16 Advertisements
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Advertisement182 1987-02-25 16 Hazy policiaa hinder revival, Page 3 NOTICE REGISTERED TRADE MARK Please be informed that Brother Industries, lid of Japan, manufacturer of Brother typewriters, printers and accessories, will implement legal proceedings against any attempt to infringe the bwttm logo trademark of its products. Such infringements have occurred in the case of182 words
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Advertisement110 1987-02-25 16 i N ML V. •V 5k Prime US Rib of Beef, as good as ever, at only $19.50 From now till March 31st we are offering for ainner prime US Rib of Beef carved at your table side, with braised onions, baked Idaho potatoes and a green salad for only110 words
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Page 16 Miscellaneous
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Miscellaneous18 1987-02-25 16 WW WWVW E Mb# nm mm JU tymmm MB =33 Vrllr^ Palnif ail a niiny Oflji uiiv vtvutiui18 words
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SHIPPING TIMES
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473 1987-02-25 17 LINDA CHEE - By LINDA CHEE A LLOYD'S inter-country comparison between Singapore and eight top maritime nations mostly confirms the incentives requested by the local shipping community lately. The study, commissioned by the Singapore National Shipping Association, has put a professional stamp to what measures are needed to473 words
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218 1987-02-25 17 AMERICAN PRESIDENT Lines has inaugurated a fortnightly connecting carrier service to and from East Africa. The extension will enable the company to accommodate growing trade volumes between East Africa arid countries in Asia and North America, says APL president T J Rhein. The218 words
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221 1987-02-25 17 Seatrade Week THE KOREA Exchange Bank and five other local banks have granted an indefinite moratorium on interest payments from troubled Korea Shipping Corporation on loans of W0n320 billion. They have further decided to pay Won 100 billion to clear KSC drafts forSeatrade Week - 221 words
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PORT SIDES
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Article95 1987-02-25 17 Reuter ONLY TWO SURVIVORS have been found after a small barge with 27 people aboard sank near Honiara, Solomon Islands, marine officials said yesterday. The vessel, belonging to the Australian Foxwood Timber Company, was on its way from Honiara to Isabel Island about 80Reuter - 95 words
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Article82 1987-02-25 17 THREE NEW TANKERS belonging to the Tung Group have entered into long-term charter with Shell. The 85,000-dwt tankers were delivered by Japanese yards only recently after a two-year delay because of Tung's financial problems. The Sidelia is chartered to Shell Tankers BV of the Netherlands82 words
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510 1987-02-25 18 HONGKONG is just about Singapore's closest maritime rival in the Far East. The Hongkong government, in providing a laissez fairs-type of administration and fairly low tax levels, has succeeded in turning the colony into a bustling shipmanagement and shipowning centre. The huge shipping business that510 words
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188 1987-02-25 18 AFP A WEST GERMAN FREIGHTER ordered back to Europe while taking Portuguese arms to Iran will not be allowed at its Portuguese port of departure, said the Portuguese Foreign Ministry in Lisbon on Monday. The Portuguese government has "clearly" told authorities inAFP - 188 words
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125 1987-02-25 18 AFP INDIA AND SWEDEN have joined an international satellite search and rescue network that is credited with having saved 745 lives in its five years of existence. The programme was launched in 1982 by Canada, the US, France and the Soviet Union toAFP - 125 words
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Article244 1987-02-25 18 THE PORT of Los Angeles set another record for container throughput last year when it handled 1,324,547 TEUs, 20 per cent more than 1985. For the month of December the 49th consecutive month of increases it registered a 35.5 per cent growth to reach244 words
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Article989 1987-02-25 18 AB Shpg V 5 ABC Container VIII 2 Accord Shpg VI 3 Ahrenkiel liner X 1 Africa Ocean IX 4 Alltrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Atlas line X 3 ANl 1 1/2 A PC line V 4989 words
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Article1820 1987-02-25 18 MODERATELY active grain chartering is reported out of the US Gulf on Monday, with a stesdy US$l3 75 being paid for tha voyage to Japan, ship brokers said. Details emerged of a light grain fixture from the Gulf to the Netherlands arranged last week at $7.25 for 75.0001,820 words
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Article178 1987-02-25 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Qulf, Straits ports/Australia. Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Auatralia/Straits Container Line178 words
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150 1987-02-25 19 HONGKONG INTERNATIONAL Terminals Ltd has embarked on the second phase of its container terminal management system following the successful implementation of the computerised vessel loading system. The Hongkong container terminal operator has entered into an agreement with Jardine Logica to carry out a150 words
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425 1987-02-25 19 Lloyd's List BRAZIL'S troubled state liner company, Lloyd Brasileiro, is to receive a much needed capital injection but in return is likely to have its operations slimmed down. Transport Minister Jose Reinal* do Tavares has given the company an assurance that federal fundsLloyd's List - 425 words
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161 1987-02-25 19 AFP THAI CUSTOMS OFFICIALS have arrested the captain of an Indonesian freighter after a search of his vessel revealed large quantities of contraband, a customs spokesman said in Bangkok on Monday. The spokesman said Captain Bram Sabarlele, 45, of the General Marshal was arrested lastAFP - 161 words
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Article732 1987-02-25 19 AFP AN INFLUX of combination carriers fleeing dismal conditions on the tanker market, exerted strong downward pressure on earning potential in the coal end ore trades on the freight market during the past week. These 100,000-150,000 tonners were forced to accept lower receipts on several routes, as moreAFP - 732 words
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326 1987-02-25 19 FT VOSPER SHIPREPAIRS, the Southampton company taken over by its management from British Shipbuilders two years ago, has appointed public accounting firm Price Waterhouse to administer the company. The procedure, introduced under the 1986 Insolvency Act, is intended to increase opportunities for maintaining financiallyFT - 326 words
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Article4922 1987-02-25 24 AARHUS Luna Maerak Maerak Line. Feb 2t She He. Chine Oceen Shpg, Feb 26 Ever Gentle Evergreen. Mer 3 Yin He. China Oceen Shpg. Mer t Ever Qeniua. Evergreen Mar 11 Axel Meerak Meerak Line. Mer 12 Ever Gerdon. Evergreen. Mar It ABERDEEN Sha He Chine Oceen Shpg,4,922 words
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Article1064 1987-02-25 24 AT CONVENTIONAL WHARVES VMM* Bwti i Arrival KEPPtL WHARVES V -a*- J cd otoofude Kflisno Hoept OeKW KS oio'fi Ha accoeo! cr okongbd* 2SCCOMJ3 Co«e Mago* Ol o»o*gn3» 25 CD 7101 IW OtyxQVO* «2SW o*ongi>a» "COOMB w*. wm <30 «io^di aa; iSB Ai«c» r.tl 250M/0D 2702.060) Lngo1,064 words
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Page 17 Advertisements
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Advertisement590 1987-02-25 17 Mammoth Hunters Jmii M. AIM! L J coronet books fcaiiaMo at ail Good Bookshops 2 Jurong Ron Road Singapore 2261 Tel *****55 OOCL WWW AfiENOES ON. Na. 242*4/ (XX) 200 Cantanawtrt Road *1205 Southpoxit Swfwarc 0208 M *****11 TELEX NO RS ***** TERRMAL/CFS TH *****18 220 BOOKMGS Tai *****34 235590 words
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Advertisement82 1987-02-25 17 Wh«r» S'por* differs from HK, Pag* II IKMDB THE PORT of Los Angeles set another record for container throughput last year when it hondled 1,324,547 TEUs, 20 per cent more than 1985. Pag« II BRAZIL'S troubled state liner company, Lloyd Brasileiro, is to receive a much needed capital infection but82 words
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Advertisement443 1987-02-25 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Hartr is A WOMAN OF SUBSTANCE But what is the prior she has paid? Available at at good bookshop* MAERSK LINE Shipping to USA-CANADA? You can still avail your shipments to the pre-greneral rate increase rates if you deliver your443 words
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Page 18 Advertisements
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Advertisement286 1987-02-25 18 joj COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAIN Eft SLP VICE FAR LAST TO MEDITERRANEAN AND EUROPE A j-Z'? -j J t > u OUTBOUND TO MEDITERRANEAN w a fCL C-i'yc lA* i Be a-*1 A »uu: < 'f jy OUTBOUND TO ARABIAN GULF AND INDIAN SUB CONTINENT 'TW,»* 'I' TT"286 words
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Advertisement293 1987-02-25 18 vrAs^mmwE. EUROPE/FAR CAST CONVENTIONAL SERVICE VBL PT. of LOG. DATES ATA OKI Hiilut Hiaiaia-Aohwra MM Further toad/ diachorging Snpport AfHTt Goodrich M TEL: 03-*****50 malavma ant bhd. TLX: ***** MTM Fit Booking contact Miss Qan KHG S PORE LOO. FOR PT. (CLANG S PORE np an m a? v* 3*293 words
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Page 19 Advertisements
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Advertisement579 1987-02-25 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapora to Sabah, Sarawak, Bnmai Porta and Bangkok P&O Container* Limited CONTJUNERSHP SERVICE TO UK/CONTMENT:/ w an ffl m ■H 11/4 11/4 I*4 M/ 4 as as w 17/4 I*4 21/4 2504 2*4 W ID V W W as579 words
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Advertisement534 1987-02-25 19 Franco Belgian Services .I I i. ft* r r <¥ iMEMBER OF ACE CONSORKUM KXTUM WPPOMCA C > KOK ram MMaw rim VmMm taw Trtafe 2fer «Er 22 9m M9m 25 2» 9m 19m Ihr 27 9m 39m 99m 4 Apr lifer 11 Bv a fer lifer 1 Apr S534 words
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Page 20 Advertisements
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Advertisement316 1987-02-25 20 31 CONTAINERSHIP SERVICE TO UK CONTINENT Copenhagen, aaahus. gothenburg, malmo. Helsinki, oslo, amsterdam 9 fcAJIIMCAN A 1 AMERICA CONV SE M! CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CONT AINERSHIP SERVICE FROM UK CONTINENT Wlmi Himm Mm LaMvra Slon PK S'por* NK A'warp Fr4*fwt MM MM316 words
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Advertisement759 1987-02-25 20 f 10 fUROPI VIA SUf SEVEN SEAS BRIDGE C.R. PARIS W S port P.Kaia* 4/j am U/3 J/3) 11/3 aw) 2V3 (21/3) FROM I 'JROPE VIA SUf 9 Mrmbrr of Ihr Atr Consortium 'i I V CIINIAINI KISIO 111 (HUM NORIH SM( Hlifl AIM CHAM •FOR/MOTHER VESSEL *SP LSI HE/KOREAN759 words
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Advertisement389 1987-02-25 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KK Ti H* AZALEA Soilod ITC-082 fATROUZ 2 ITC-flO S PORE PT KELANG LOAWNC FOR WW In Part Ratty Ante/ UK (Newport) W U0 Ml Rott/Aitfv/ UK (Newport) SINGAPORE CALICO SHIPPING PTE LTD MT Th: RS SUI CALICO FAX: IMB7I389 words
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Advertisement816 1987-02-25 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER QOUXN EVER GLIABT EVt* LAUREL EVER GATHER EVM GUIOC EVU LIVING EVER LEVEL EVER GLORY EVtt UNKING ALSO ACCEPTING t) MOVWCNCI i ■KBHKTON, I a ATLANTA. CM EVtt GENTLE EVtt GENIUS EVtt GARDEN EVtt GUARO EVtt GOING EVtt GROWTH EVtt GRACE816 words
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Page 21 Advertisements
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Advertisement330 1987-02-25 21 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel *****33 FAR EAST CONTAINER SERVICE SM JKT 4/3 MY SM omt M MUMMAN (NOKKABO) OMIT SM 4/4 M M M HTTACHI W4 ISM ISA 17/1 INDONESIA CONTAINER SERVICE m M 4/j 1M 11/S 4n BANGKOK CONTAINER SERVICE330 words
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Advertisement121 1987-02-25 21 isg§ THONG SOON '•'O9-00. Robina House, S pore 0106 Tel: *****88 Telex: RS ***** BOOKING: *****88 (DIRECT LINE) uli* 233! 3 p IM r" W»I:WJ:T VV <•: With Raefer. and FCL Container Service JENHOL JENWEL JENHOL JENWEL JENHOL Agents: Jakarta: P.T. Tresna Mulya Sejati Jolon Hoyom Wurok 111 ZZF T«l:121 words
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Advertisement318 1987-02-25 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTIN an Tin «H W up ISO m aft pa an m M w m m bm EXPRESS ■fcTK mu. im n. a. t« (KJJEBSEN LINE fc. NEW ZEAL AND ZEAL AND fij'l' wrrrr Pi)P! M ftNl K I UMPDf PINSN!, Hf NfH Pa318 words
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Advertisement368 1987-02-25 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYB P.T. 6ESUM LLOYD P.T. SARHJDERA INDONESIA P.T. TRKORA LLOYD S'POti k'wmtw'OAM M'BUtt 11-IIM 2 Y* a JUy m. DJAKARTA LLOYD INDONESIAN NATIONAL l IfSiT ILAI k'U '1 J a'] 4 M > XV ■J it i uunNi IS-K/S FKA JAVA AGENCIES368 words
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Advertisement177 1987-02-25 21 BOUSTEAD SHIPPING AGENCIES m LOMAM vua PA-AM VH7W PAfiAN VIIM NTONCTWA V222V BURMA FIVE STAR (Burmese National Line) loading for Rangoon S'poro P.KtUnf «F» ftft BANK LINE jji. ii'i 1 ~T n rr USA SERVICE PACIFIC/GULF/ATLAimC PORTS EAST/RED SEA PORTS fm l*fcr NIGERIAN NATIONAL SHIPPING UNE MGERIA EXPRESS SERVICE MVOtOJ177 words
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Page 22 Advertisements
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Advertisement1036 1987-02-25 22 USA CANADA ATUUfnC CWT (Round Th« WorM Servtee) N. JADE WO. FAITH VI K.4ACEJIN V37E/0. FRIENDSHIP VI 0. FORTUNE V 2 Kline KAWASAKI KISEN KAISHA. LTD. SPORE a Mir 4 Apr 20 Mar 11 Apr CHLS 7 Apr 14 Apr 21 Apr NFK 9 Apr 16 Apr 23 Apr NY1,036 words
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Advertisement520 1987-02-25 22 AUSTRALIA EXPRESS CONTAINER SERVICE PCUFCL Sport IM FM V* NH AM* INDIA EXPRESS CONTAINER SERVICE AoomMrc KUFCL ConMnan awn P.Mmi Nmi laaAai ter tMVJI IT* »F* MMMMft rl S S O TtIPMA VJM ESTECUPPER VJ2 S.O. RMNIPUR VJIM CALAMI VJI nv>nwms vjm «F« <hr MM I Apr mm* Mm VISNVA520 words
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Advertisement619 1987-02-25 22 GOLDEN LINE tan GUM) GIMN SMTffK (fit) LTD a w* hf s** 9NGAPOK MM IU: WWI <10 l*S) STRAITS/PERSIAN GULF SERVICE: r*n 00UO WONOCR C+m*l*KKMnpmmm JH Wm GOLDEN BEAR W» Mor CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S REPUBLIC OF CHINA 11.;. VI P.KLANC PENANC DESTINATION TAOJIANC 7312 27/2 RottordoiMHao619 words
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Advertisement327 1987-02-25 22 INTRASEA (PTE) LTD '5 Mop Roi' zO7 02 03 Singapore ***** t 1 10 Lin BREAKBULK SERVICE TO EUROPE/UK M.V. AKLINA OH H.V AGIOS NKOLAOC OT MM Sf2 SETEjWT/ANT/UKMUU) 10 STTE/NOT/AHT/UKoiuiL) ii I ...M tta PHIL I IRON SHIPPING AGIN CIIS Fit l W> P PHII OPUN! i iNf S327 words
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Page 23 Advertisements
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Advertisement729 1987-02-25 23 \\NEPTUNE ORIENT LINES LTD K 5 FAR EAST/EUROPE FULLY CONTJUNBUSa SBIVICE TO EUROPE/UK (VIA SUEZ): I «>r. I r*. r* NEPTUNE AGENCIES PTE- LTD. FE W/AUST TWU T*l No Offtt# Tanwnal CFS BOOKINGS 27W77 278S7SJ VteW rmgn mum *****53 i£2:?l OK DIRECT UNES 27*11* Mil 27N1U NEPIINE SON. BHD. 3M87729 words
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Advertisement480 1987-02-25 23 HEUNG-A SHIPPING Korean Flag Vessels DOW AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON It*. I DonaMfflßN In Part 27/2 12/3 Na Donjm/TCN 7/3 10ft 2T3 Na 7 Danam 7o2N 14 3 17 3 S 3 Ho Doaam/TON 25/3 20/3 1/4 No Ooaim.7C3N 31/3 4/4 15/4 Ho Ooojm480 words
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Advertisement748 1987-02-25 23 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 ***** P. KELANC PENANG M/S SHARIKAT WAN SOON SON. BHD. IST AND 2NO FLOW, MESSRS NAI THONG SHIPPING748 words
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Page 24 Advertisements
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Advertisement373 1987-02-25 24 fm REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) E33JSMIEME33IKF9H E?H3 C3B SEA MACON PIYA BHUM ■ceiee irnBfggBETT3MBPSBggJ inrw Egsiiggi TO P.KELANG PENANG (2 SAILINGS A WEEK) VESSEL RATANA BHUM BUTANG RATANA BHUM BUNGA BUTANG RATANA BHUM in ihb irm TO SOUTH THAILAND BENGAL BAY CONTAINER FEEDER TO CHITTAGONG373 words
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Advertisement229 1987-02-25 24 SCOT/AUSTRALASIAN LINE Vessel M/V MACEDON Singapore 26/2/87 to 5/3/87 Accepting cargo forPAPUA NEW GUINEA NOUMEA FIJI AUCKLAND return via:EX. AUSTRALIA PAPUA NEW GUINEA KOTA KINABALU MANILA HAIPHONG Interested parties please call: BACHMANN PAR EAST (SMQAPORE) PTE LTD 70 Stanton Way #19-01 Marina House Singapore 0207 Telephone Telefax Telex *****61 *****07229 words
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Advertisement246 1987-02-25 24 BF SURFACE FREIGHT^SEi WEEKLY LCL FCL SERVICES TO: KIHK; :I Also accepting to all inland destinations PTE LTI VESSEL "WORLD SANTO BLT. U TBN 20T HL available General Agents: Confer (SC. ETA Sailad 28-21 Fab LOADING FOR V'oag Bombay TEL No: 5M44«7 (3 UNES) FAX No: SS*I4N S'poro 9101 ipa246 words
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Page 24 Miscellaneous
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Miscellaneous162 1987-02-25 24 Regional Weather a a r. >> m sH v K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING R Temp.to.uf. C Weother Wiod direction with speed knots Rom w wo*f he»oht Cloudy SV y Surtocs winds art indicated bv orrowf which tly with the wind 0 On. tuli162 words
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Page 25 Advertisements
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Advertisement339 1987-02-25 25 International Freight Forwarders WEEKLY-CONSOLIDATION Hamburg West Germany Tiger Line Common Carrier Feeder Services SINGAPORE INDIA VESSEL VOY SINGAPORE CALCUTTA MAMAS KATHRINE SIF 012 SAILED SAILED 25-28 FEB PORT HARCOURT U3 SAILED IN PORT 05-06 MAR KATHRINE SIF 014 02-43 MAR 11-14 MAR 17-17 MAR Co—aw Carmr Faadar Sarvict For Main339 words
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Advertisement215 1987-02-25 25 ■I ml PERCH OCEAN LINES (Ptrfsct China Ocwn Shipping Lin«) CHINA SERVICES Etd. STORE Etd. PKLG Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XMGANG, QMGDAO SHANGHAI ft OTHER PORTS WEEKLY SAILINGS *1^" 1 *«4 l 5 HSMtItM ***** V mm' WORLDWIDE SERVICES ACCEPTING CONVENTIONAL, CONSOLIDATION (LCL) AND FCL CAR GOES215 words
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Advertisement476 1987-02-25 25 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE C/VC LINES WffiCLY Fa La CONTAINER SEftWE rracc not mt mo kee m n m$ tao yuan m an an to tn m w up up kuo lung vm in la up W vn m nn m kuo KStuNC vm i#3 zip an an476 words
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Advertisement245 1987-02-25 25 rri .1 -Ml I'll I un TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P.KELANC PCNANG PALQMANC KLAVAN C.SELATAN V¥ SI SaiM 4/2 4/2 G.SCLATAN VU V-S SaiM 72)1 240 C.SOATAN VI V-S 2/3 4/3 7/3 6 VESSELS OF LOG CARRIERS 5 VESSELS Of BRAND245 words
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Advertisement155 1987-02-25 25 UL Hai Sun Hup Co (Pte) Ltd r t i .->?***** [20 I inosi UX RS ??061 M c .>0677 fc. I \M I K < k I I\ I K II!) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loadinf at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS.155 words
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Page 26 Advertisements
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Advertisement323 1987-02-25 26 CROSS WATER ETA SINGAPORE ACCEPTING FCL A LCL MOMCXnNC KEELUNG/TOKYO/YOKOHAMA W A 2/3 *3 14/3 5/3 12/3 I*3 W I*3 W 3/3 17/3 3*3 2/3 I*3 2/4 3/3 I*3 17/3 3/3 I*3 17/3 7/3 2*3 7/4 BANGKOK AUSTRALIA FREMANTLE USA/CANADA UNITED KINGDOM/EUROPE NEW ZEALAND BUSAN PORT KELANG 5/3 I*3 25/3323 words
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Advertisement595 1987-02-25 26 HEAP SINS TRUING 1 SNIPPING PTE ITS Mtl BCACH ROAD fll-tl wWih* Iftitt TEL NO. *****22 (3 UNCB) TLX NO. MS ***** HEAPCO ■j«. 14 H i\'l M 4 pi .i fl ;< fj; mia; u «SS£L VOY NO VSGG7 WOC VSMG7 VMSG7 V54M7 V ***** SPORE SAILED PKLANG FEB595 words
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Advertisement406 1987-02-25 26 C.Y. LINE (A Msmbor Of Ths ACE Consortium) CNO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) C* TOKYO vm TRANSWMLD BRIDGE SEVCN SEAS BRIDGE V> A CONCORD VW w 17/1 an an an an an an an an an m» an an in *n v* m406 words
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Advertisement573 1987-02-25 26 Everett Lines/ COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Laadmi tor CaKao. Matoram, No and al oflwr Paruvan ports witti transfopmant at Kobt On CPV Thraugk fWh of Ladmi to final daatmahon PlfiaM* P K|||M SiIMMITf JOHNEVERETT 3/4 Mar MURRAYEVERETT 21/23 Mar I THOMASEVERETT S/S Apr "EVERETT ORIENT LINE"573 words
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Advertisement191 1987-02-25 26 rrm m nai j s g^TTrnri- 11 J'"!; |T7T? ZIM PIRAEUS ZIM CILAT ACCEPTING CAKO TO ACCLAIM VIA MELROURNE ADO ALSO FCL TO GUAM r- ZIM EIUT CONTAINEIt LINE COLD STAR LINE m lti Morino Howm Tali *****66 Mtrtg *****91/2 FAXi (lixiuaaMs. 3 REGULAR LINER SERVICE REGULAR SERVICE ETA ACCEPTING191 words
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