The Business Times, 2 March 1987
1987-03-02
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The Business Times
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Title Section12 1987-03-02 1 BUSINESS TIMES M.C. (P) No. 112/12/86 MONDAY, MARCH 2, 1967 75 CENTS12 words
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1181 1987-03-02 1 MARGARET THOMAS - New policy aimed at those who are 'underperforming' By MARGARET THOMAS AFTER MORE than two decedea of slopping at two. Singaporeans will now ba asked to have three children, and more if they can afford it This is the slogan of the new population1,181 words
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293 1987-03-02 1 MALAY Members of Parliament are supportive of the arrangement under which Malays are kept out of certain poets in the Singepore Armed Forces. Mr Sidek bin San iff, Parliamentary Secretary (Trade and Induetry) end MP for Koiam Ayer,293 words
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527 1987-03-02 1 CHUANG PECK MING - ■y CHUANG PECK MING CONTRARY to popular belief, a nationwide survey has found that corporate incentive plane for employess are not confined mostly to senior executives in Singapore. More non-executivee, in fact have gained from such profit and productivity gainsharing schemes Vien top527 words
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Article111 1987-03-02 1 Bernama MALAYSIAN Deputy Prim* Minister Ghafar Bate Mid on Saturday that bumiputra participation in tha country's aconomy was axpacted to te around 22 par cant by 1990. Ha daacrtbad this aa a big succsaa although bumiputras would te unabla to achteva tha 30 par cant targat as snviaagadBernama - 111 words
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354 1987-03-02 1 AP INDIAN Prim* Minister Rajiv Gandhi's new budget drew widespread criticism yesterday for its massive rise in defence spending and burgeoning deficit In a front-page editorial, the independent Timm of India said the budget revealed "groes mismanagement of the economy" and called the anticipatedAP - 354 words
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125 1987-03-02 1 AFP INDONESIAN state companiea risk being liquidated or sold off to the private sector if they fail to improve their management The official Antara newa agency yesterday quoted President Suharto aa saying: "All state-owned firms should become productive development forces instead of placing aAFP - 125 words
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Page 1 Advertisements
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Advertisement254 1987-03-02 1 Need ahousing ban? IWwiOOM. I 737-7977 (jSfr^fcyfooniMortßMe And Finance (S) Ltd V"-/ A whotty-owned subndiary of Hongkoogßank 6 Claymore Hi! #03-00. Qayaorc Ptaa. Sagaporc 0*22 MANAGEMENT BOARDROOM BATTLES •re often decided at the negotiating table. But before handshakes across the table and signatures on the dotted line, offers, counter-offers and254 words
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Advertisement262 1987-03-02 1 X Rajiv's budget ratoM dihiM fining by 2Spc, Pag* \mm SOUTH KOREA HAS DEODED to make drastic outs In Ms tax and tariff Incentives for foreign investments. Tht aits, worked out by Ihe Finance Ministry in Seoul and released to Ihe pross lot* last Friday, aro designed to promote fair262 words
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Advertisement111 1987-03-02 1 ;!.*^\,?{[_"|/-@<^>{$!,{|(*!?+' Because of Atsuko's determination, no other aiiiine can offer you this: o; X V. .V ft Hs. 0 THE JAL PLEDGE As highly trained and dedicated professionals we will confidently do our utmost to make any flight with us as enjoyable as possible. As the world's i number one111 words
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MANAGEMENT
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Article, Illustration958 1987-03-02 2 MARTIN SOONG - By MARTIN SOONG BOARDROOM BATTLES are often deckled at the negotiating table. Here, buffered by an expanse of wood, is corporate combat's demilitarised zone. On both sides, decision makers and their surrogates roll up their sleeves, loosen their ties, and958 words
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Article353 1987-03-02 2 WHICH STYLE typifies Singaporean businessman? According to a 1963 study on international negotiating styles, Singapore decision makers tend towards the competing style. The University of Hawaii survey, which canvaased Canada, South Africa, Australia, New Zealand. Taiwan and all the Asean countries then, implied that Singaporean businessmen353 words
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Article, Illustration731 1987-03-02 2 WHEN management conaultant Christine Harvey talks about motivation, she is in her element "Analysing motivation is my big love," she told her audience at a recent lunch talk organised by the International Businesswomen's Association. This involvement has been translated into a book731 words
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470 1987-03-02 2 BOEY KIT YIN - [irljr t By BOEY KIT YIN A POTENTIAL entrepreneur in Singapore Is generally worried about taking great risks with his savings, is impatient for immediate returns, sceptical about partnershipe and. if embarking on a venture on hie own, prefers to go Into the470 words
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1115 1987-03-02 3 IT A WILD DASH for innovation is not the best method of rejuvenating a stagnant or declining business. Rather, it is imperstive for senior managers to decide coolly on the type of innovstion needed for survival and to asssas cold-bloodedly the ability ofIT - 1,115 words
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620 1987-03-02 3 UPI THE 19 COMPANIES at the Center for Business Innovation range from solar technology to aircraft stripping to horns health care, but all are linked by a common need. Each looks to the centre for aaaistance in getting off the ground. DeecribedUPI - 620 words
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Article, Illustration416 1987-03-02 3 CHARLES SAVAGE - ■y CHARLES SAVAGE HYATT INTERNATIONAL Hotels is off and running into the next decade for the world title of the best hotel chain by 1901. To get to the premier position, it has started an international, two-pronged thruat to expand sales and marketing416 words
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Page 2 Advertisements
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Advertisement310 1987-03-02 2 J.I.T. JUST-IN-TIME MANUFACTURING (16-17 March 1987 Dynasty Hotel, Singapore) lipp" I A k. i Our distinguished speakers are:- Victor Ang Managing Director Hewlett Packard Asean Hewlett Packard Singapore (Sales) Re Ltd Charles Peters Director, Material Management AT&T Consumer Products Re Ltd Dimitri Caplygin Managing Director Seacokj Technologies Re Ltd Johnny310 words
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Advertisement247 1987-03-02 2 FACTORY FOR LEASE R«ntai:6(Kper*q.fL AREA: 10,000-60,000 sq.ft. FACILITIES: 9fMNHnJi WMBTy opflimW §jM electricity 100 KVA Suitable for aN type* of industry, except food LOCATION: NOW! AND SEE WHAT A DIFFERENCE IT MAKES. Complete SIFSfscMHIes for equipment flnandng and commercial/industrial property. H you ere in manufacturing or a manufacturing-rotated business. GPF247 words
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Page 3 Advertisements
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Advertisement118 1987-03-02 3 m 4* *> >m Wi< .7*. a •''.w <"?- >._ •.-I,- -•/;>< vse?.±. < *:•.>/ .3* 5% *E p^-. ■■..'-V .V >. v>*T" .v v^,v? s ;V> < ■V V s|§| <X7S vm K'TSKS.'S *v I# ?V..- ;fe ',y. 111 .£ss- V fr p .sap Ipl! 'W-- yaE ?f '*SttWf.118 words
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ASIA-PACIFIC
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Article388 1987-03-02 4 South Korea no longer needs to offer carrot to attract foreign investors AFP SOUTH KOREA has decided to make drastic cuts in its tax and tariff incentives for foreign investments. The cuts, worked out by the Finance Ministry in Seoul and released to the press lateAFP - 388 words
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Article120 1987-03-02 4 Reuter SARAWAK has deported an Australian botanist for inciting a jungle tribe against loggers in the timber-rich East Malaysian state. Bernama reported yesterday that Peter Faigl, a University of Canberra graduate, was deported to Singapore on Saturday for asking Penan tribesmen to form human barricades against logging.Reuter - 120 words
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495 1987-03-02 4 Reuter INDONESIA appears to be Rearing a political crossroads over its measures to deregulate its protected economy, with the government divided over which direction to take, according to a US Embassy report. To counter falling oil revenues, the government hasReuter - 495 words
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290 1987-03-02 4 UPI SOUTH KOREA'S trade minister has sought to dispel what he brands the "myth" that his country is "dragging its feet" in opening itself to US trade. "Widespread misconceptions about Korea continue to survive among otherwise well-informed Americans," said Woong-Bae Rha, SouthUPI - 290 words
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Article144 1987-03-02 4 AP SEVENTY-FOUR pilot cities empowered to streamline their administrations, invigorate enterprises and improve their economic structures generated 42 per cent of China's industrial output last year. The official Xinhua news agency said last Friday that the citiee, about 25 per cent of the country's total, hadAP - 144 words
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Article214 1987-03-02 4 AP A GROUP of 50 Mnior retired and active duty officers in the Philippine* declared their support yesterday for embattled Chief of Staff General Fidel Ramos, under Are for alleged indecisive leadership. "General Fidel Ramos has ably demonstrated his leadership under the most trying conditionsAP - 214 words
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364 1987-03-02 4 Reuter THE RIPE-RED tomato, after struggling for decades in Japan to take its place next to vegetables, is about to be sold in Tokyo to be eaten as a fruit. Ever since the tomato found its way to the shores of Japan about 50Reuter - 364 words
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Article, Illustration442 1987-03-02 4 AFP INDIAN Prim* Minister Rajiv Gandhi increased defence spending by 25 per cent to more than US$lO billion, about a fifth of total expenditure, in the *****8 budget he announced in New Delhi last Saturday. Mr Gandhi, presenting his first budget in ParliamentAFP - 442 words
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Article723 1987-03-02 4 ARRIVALS Operator MrVKI Local tint* From SU SU THAI SU MAS GU MAS SU CU SU SU RJ SU SU SU THAI THAI CPA MAS CU MAS GU OM MAS SU AC SU JAL ATIOT GU CAAC SU MAS PAL JAL NW JAT SU SU BA SU723 words
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Page 4 Advertisements
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Advertisement304 1987-03-02 4 CanadS THE GOLD COIN STC\ND\RD S :> >» v jr* 3M" r-W"-Gold is the one commodity that has long been valued as the basis for sound financial planning. untio.Mo,■ iK*-,rtii i IT-avi i: m nWWAtvi tiliin .TJkUW.M 11.4 L .T.FT3T uncertainty. It is held by international bodies, governments, banks, corporations304 words
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Advertisement61 1987-03-02 4 I I I I The business person's choce. every I I II \II II II I Tuesday. Saturday and Sunday. I M aI I I \l Leaving Changi Airport at 22:05 *V_/ -L J—V -/-L hours and arriving Heathrow at 06:45 hours the following morning. Call your Travel Agent or61 words
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Page 4 Miscellaneous
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Miscellaneous52 1987-03-02 4 Doonesbury MTH THE CURRENT EMPHASIS ON SAFE WHOOPEE, MY PERSONAL VIEW IS THAT THE HEFWORKS WIL SOON RELENT ANP PERMIT ADVERTISING OFTHtS KJNP. rr^ HOWEVER. OUR CUENTUNDERSJANPS THAT SOME VIEWERS MM FM> THE MERE MENTION OF ITS PRODUCT ON TELEVISION Z m II BY GARRY TRUDEAU i r»r i vi52 words
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REST OF THE WORLD
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325 1987-03-02 5 AP JAPAN'S experience with major currency fluctuations since 1965 has strengthened its commitment to boosting domestic demand to offset global trade friction, the head of the Organisation of Economic Cooperation and Development said. "What has happened to the yen has taught aAP - 325 words
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Article234 1987-03-02 5 AP JAPAN and the US have reached an agreement that will make it easier for US lawyers to practise in Japan, US trade representative Clayton Yeutter said. The new accord, which follows two years of negotiations, will result in eased restrictions on foreign lawyers beginning onAP - 234 words
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Article114 1987-03-02 5 AP CONGRESSIONAL investigators are preparing to quiz "several hundred witnessee" as they move to close gaps in the Tower Commission's report on the Iran-contra affair. A principal target the trail of millions of dollars in arms sale payments still unaccounted for and left unexplained in theAP - 114 words
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244 1987-03-02 5 NYT THE US consumer price index, the most widely followed inflation gauge, jumped 0.7 per cent in January, the biggest increase in four-and-a-half years, the Labour Department reported. Although analysts had predicted that the index would rise by more thanNYT - 244 words
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340 1987-03-02 5 UPI BRITAIN'* real gross domestic product is forecast to rise by 3.2S per cent in 1967, highest among the world's major sconomies, according to David Kern, National Westminster Bank's chief economist and head of the market intelligence department.UPI - 340 words
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387 1987-03-02 5 FT TWO NEW REPORTS issued by the World Bank and the Businessmen's Council of the Americas contain somber appraisals of ths developing country's debt problem and offer little hope of private sector solutions. With bank rsschedulings backed up, the World Bank, in its developingFT - 387 words
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332 1987-03-02 5 Reuter A SENIOR United Nations official said ha expected the world's population to reach five billion in July and to stabilise at about 10 billion in the 22nd century. Rafael Salaa, executive director of the UN Fund for Population Activities (UNFPA),Reuter - 332 words
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379 1987-03-02 5 AP FOREIGN-OWNED multinational companies in Sao Paulo fear Brazil's decision to suspend interest payments on its huge foreign debt could provoke a drop in industrial output and growth and cause a recession. Leaders of the international business community in Sao Paulo said during the weekendAP - 379 words
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Page 5 Advertisements
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Advertisement178 1987-03-02 5 s %?s\. fcs, Y Jas fi&vAFTER PAYING OUT FOR ONE YEAR IS THIS ALL THE FACSIMILE MACHINE YOU GET? Take heart if it is. Because from Ist March 1987 you can own a fax machine from Telecoms instead of renting one. In place of its one-year rental scheme, Telecoms now178 words
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BANKING AND FINANCE
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349 1987-03-02 6 Reuter THE PHILIPPINES will offer its commercial bank creditors an innovative pricing plan that will make debt payments through certificates of indebtedness as an alternative to cash, the Business Day newspaper said. Finance Secretary Jaime Ongpin said last Saturday that the alternativeReuter - 349 words
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374 1987-03-02 6 Reuter BRAZIL would not have suspended payments on debt owed to foreign banks if it had received more and faster financing from official lending agencies, Finance Minister Dilson Funaro said last Saturday. He denied he would seek more money from the IMF, to which BrazilReuter - 374 words
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363 1987-03-02 6 Number Indicative Gross Coupon Amount Interest of days of middle price redemption Maturity Year raised rat* Million) payment accrued (excluding yield Pa) dates interest accrued interest) Po) 1.5.87 Loan 1 1977 754 60.00 1/5, 1/11 119 100.20 5.94 15.7.87 Loan363 words
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194 1987-03-02 6 HONGKONG BANKS, after trimming interest rates last month to help cool an overheating currency, announced last Saturday that they were raising them because the local dollar had stabilised. The British colony's two biggest banks, the Hongkong and Shanghai Banking Corporation and the194 words
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316 1987-03-02 6 Reuter OFFSHORE BANKS in Cyprus are generating new business in spite of regional economic difficulties, its central bank governor said. "All Cyprus offshore banking units (OBUs) have a very good profit record and their profits are gradually increasing," Afxentis Afxentiou. a former financeReuter - 316 words
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MONEY AND EXCHANGES
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Article258 1987-03-02 6 Commercial Discount Co Ltd THE DOMESTIC interbank market remained fairly liquid and uneventful last week with overnight funds traded within the range of 3 to before closing the week at 3% to 3 per cent Reflecting the softer tone of the overnight market term rates forCommercial Discount Co Ltd - 258 words
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334 1987-03-02 6 Green Collier Bullion AT NEW YORK'S Commodity Exchange, gold prices ended last week marginally lower on end-of-week liquidation. Against the previous Friday s close, spot gold finished $1 lower at US$4O5 40 an ounce. Over the week, the precious metal was buoyed byGreen & Collier Bullion - 334 words
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Article304 1987-03-02 6 G-5/G-6 communique dominates market Union Bank of Switzerland UBS AS EXPECTED, reports on the G-5/G-6 meeting* formed the focal point of market interest The agreements, tending to be of a medium-term character holding out only vague chances of parliamentary success, encouraged scepticism about the genuineUnion Bank of Switzerland; UBS - 304 words
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Article, Illustration596 1987-03-02 6 prtewtondfafl Smt! it major beaks la ttagapeve Pit of bonis ot <w do so of business on Friday, Fob 27, at mppttod by the Assodati on of lonti In Singapore. BANK PUt <%) Algowm lank 6% Amorican Express tank 7 Am'Dam htrdam Bank 6* Arab Banking Corp596 words
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Article188 1987-03-02 6 ASIAN CURRENCY ovorogo deposit rotas for ho wook •ndod Fob 27 MDI men (MS NHk Lot 7 doyi 3/1A 4 1/14 1 muiii 7/16 4 3/14 2 6 7/1* 4 3/8 7/14 4 3/8 6 Monii 6 3/8 4 S/14 9 montfv 6 3/8 4 3/8 12 monflhi188 words
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Page 6 Advertisements
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Advertisement8 1987-03-02 6 ste uin ry^s sgs^gisSsisgf DP V CU^A ninG8 words
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Advertisement136 1987-03-02 6 2 nights and 3 days at for *****.00 netrt Mandarin Executive Package Deluxe room in the Main Building Complimentary fruit basket Chinese tea service in room upon check- in Welcome drink Free use of Mandarin Recreation and Health Club massage and squash/ facilities in room Free shuttle service from hotel136 words
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WORLD BACKGROUND
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Article, Illustration727 1987-03-02 7 Reuter JAPANESE Finance Minister Kiichi Miyazawa looks set to launch a behind-the-scene campaign to revamp economic policy in an attempt to boost the sagging economy and his political fortunes, supporters say. With pressure mounting on Japan to stimulate its economy and PrimeReuter - 727 words
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499 1987-03-02 7 Reuter THE LATEST ADDITION to America's premier cultural centre, the Smithsonian Institution museums in Washington, is going underground. In a new development in museum architecture, two new Smithsonian galleries a priceless display of Asian and Middle Eastern treasures, and a fledgling collection ofReuter - 499 words
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Article, Illustration879 1987-03-02 7 AFP MORE THAN A MONTH into a serious political crisis, the illusions of many foreign businessmen who dreamt of a bonanza doing business in China have been shattered, according to those concerned. "Westerners are learning to their cost that China is not aAFP - 879 words
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Page 7 Advertisements
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Advertisement155 1987-03-02 7 JAPAN canbeaffarfahip NTA HOTEL FftSS With the NTA Hotel Pass you can get a room in Japan for an unbeatable SsBs/per night Accepted at 86 member hotels in 50 cities throughout Japan, it is an economical alternative for business and pleasure travellers. JAfttN RAIL FASS This pass allows unlimited travel155 words
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Advertisement146 1987-03-02 7 k\v i*\ i 'i nnnrnwwwi mmmmmmmm —mmmmmmmi"* So ingenious it even takes corners The Attesa lounge leaves everything to your imagination. It's as versatile as you are. Designed so you can arrange it in almost any configuration. Comes with or without armrests. In leather and fabric, p FVir rpppntinn arpas146 words
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THE ARTS
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Article, Illustration817 1987-03-02 8 ASAD LATIF - By ASAD LATIF TAKE QUALITIES such as integrity, commitment and consistency of vision. Add to these a Keen sense of the visual and joy at the vibrance of form, and what you get is Shyam Benegal, Indian film-maker extraordinaire. At 53, Benegal is accustomed to the praise.817 words
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586 1987-03-02 8 SHAUN KOH - By SHAUN KOH VIOLINIST Suna Kan's seemingly effortless performance on Saturday was a delight to watch and hear. The Turkish soloist performed with the Singapore Symphony Orchestra at the Victoria Concert Hall before an audience of about 700 people. Those586 words
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Article, Illustration824 1987-03-02 8 TSANG SAU YIN - By TSANG SAU YIN TANZTHEATER or dance theatre is literally that a merging of two artistic pursuits resulting in an imaginative, creative and highly exciting, genre of dance. It has become the dominant German dance style today (thus tanztheater) and draws increasingly824 words
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Article, Illustration452 1987-03-02 8 LAWRENCE TAN - ■y LAWRENCE TAN SO WHAT'S NEW? Sylvester Stallone, for those who car* to know, it playing a. yup, mus-cle-bound truck driver who one* again has to. yo. take on other muscle-bound personalities in a gruelling tost of the, grunt, fibres. The movie's title is452 words
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Page 8 Advertisements
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Advertisement9 1987-03-02 8 AT RAFFLES HOTEL 1 3, Beach Road, Singapore 0718.9 words
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Page 8 Miscellaneous
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Miscellaneous303 1987-03-02 8 wsssHizwDiaa amm*m CRYPTIC PUZZLE ACROSS 1 The last thing to be back-breaking? (5) 6 Tasteful impudence? (5) 9 A calming sea (7) 10 They bring illumination to the French politicians (5) 11 The wherewithal to give me a short answer (5) 12 Plasterers' capital? (5) 13 A number cut by303 words
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Miscellaneous343 1987-03-02 8 6 Squabbles (5) 9 Built (7) 10 Untrue (5) 11 Kingdom (5) 12 Scant (5) 13 Does again (7) 15 Snaka (3) 17 Worshipped object (4) 18 Dry stalks (6) 19 Grin (5) 20 Claavaa (6) 22 Dried up (4) 24 Lattar (3) 25 Kapt away from (7) 26 Abundant343 words
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SPORTS
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326 1987-03-02 9 ON THE DAY that Warren bounced back into the reckoning, leader* Sembawang were struggling to maintain their pre-emi-nent position in the Premier League golf championship at Changi yesterday. Warren produced the day's best total of 309 which was one stroke better than the home326 words
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Article153 1987-03-02 9 UPI LANNY Wadkins ripped hit way through a howling wind and finished with a 30-foot birdie putts on Saturday for a 6-under-par 66 and a two-shot lead after three rounds of the US$l million Doral Ryder Open in Miami. Wadkins, looking for his first PGAUPI - 153 words
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488 1987-03-02 9 UPI MICHAEL SPINKS, without an official world title for the first time in nearly six years, still considers himself the heavyweight champion and will proceed accordingly. Spinks was stripped of his International Boxing Federation heavyweight title last Thursday for failing to fight the No. 1UPI - 488 words
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Article, Illustration680 1987-03-02 9 BRIAN MILLER - Third leg of Asian ladies' golf circuit By BRIAN MILLER THERE WAS nothing surprising, shocking or startling, when Liselotte Neumann romped home to take the honours in last week's Kosaido Asahi Asia Ladies professional golf championahip at picturesque Tanah Merah Country Club. On the contrary, it680 words
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Article, Illustration701 1987-03-02 9 WALTON MORAIS - Marina Square tournament it's mind over matter ■y WALTON MORAIS IF THERE WAS on* thing the Marina Square Singapore International Junior Tennis championships proved, it waa how much power the mind holds in lannis. For really, the boys' and girls' singles titles on Saturday were won and lost as much701 words
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204 1987-03-02 9 AP SWEDEN'S Stefan Edberg defeated Mike Depalmer and Chris Evert Lloyd trounced Vtcki Nelson-Dun-bar on Saturday to lead a procession of high seeds into the round of 16 at the US$l.B million International Players championships. Edberg, seeded second in the men's draw,AP - 204 words
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Page 9 Advertisements
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Advertisement202 1987-03-02 9 A Festival of Music, Food Culture 20 Feb 6 Mar Yugoslavia! A land of variety the beautiful blue Danube, the restful beaches of the Adriatic, the breathtaking Dinaric Alps, the talented naive painters, the fascinating creativity of folk arts and craft, the wonderful abundance of food and wines. For the202 words
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Page 9 Miscellaneous
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Miscellaneous1385 1987-03-02 9 wemmm NORTH AND SOUTH II 10.00pm, Channel 5 F v 1 B 5 The war has erupted in full force with the Battle of Bull Run, which turns out to be a disastrous defeat for the North. George (James Read) conveys the news to the distraught President Lincoln. Meanwhile, the1,385 words
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INTERNATIONAL STOCKS
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500 1987-03-02 10 Reuter JAPANESE INVESTORS may double or triple their share purchases overseas this year as they look to Wall Street and London for better returns on their cash, according to fund managers in Tokyo. Life insurers, trust banks and corporations whose hugeReuter - 500 words
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Article403 1987-03-02 10 Reuter INTEREST-SENSITIVE issues provided Wall Street with a mild lift last Friday, but the advance remained cautious amid growing concern about the US economy. Last Friday's report of a hefty January trade deficit and Thursday's announcement of a sharp decline in durable goodsReuter - 403 words
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Article140 1987-03-02 10 PCS 27 Abittbi Alcan Alum Algoma SO Bank Nova Scott*. Bank Ot Montraal.. Bail Canada. C| .37* ..4M .10* :.SS 41* +b Imp OH CI A I rvco Int Prov Pipo lu Irrtl K#rr Addison LoMaw Co McMil Bkjl Moiton A m 20* 42 22* 19* 13* •2* 29*140 words
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Article191 1987-03-02 10 FEB 27 MDUV RAND nUAL* Truat Bfc Un Staal Wooitru 180 70 1475 -10 unch -25 A Alpha Abarcom 1960 2S Angloa ns Aaci -10 Angvaai Blyvoor 2*5006 AM 5800 50 2006 5 1800 C Q Smith 3675 25 CNA Curria Financa 330 6608 unch Cona Murch Da Baara191 words
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Article511 1987-03-02 10 KB B i»« Caatorn Airl Atcan Alumtn 36* Eaatman Kodak. 77 Mater a M. 90* Alcoa 41 EnQathard Cp IHWhb Cp Nail Dial Cham 99* AHag M 14* i J0M 79* 6* Alliad Stfl ....46* NCR Corp 66* 37 93 9* uneh Fluor Cp 15* Norfolk 96* 4-%511 words
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Article681 1987-03-02 10 Amsterdam pti n KB A8N 484.00 -8 Aaoon SB JO .1 Ahold 107 10 0.9 Akzo 132 10 Airanta 142.10 41 AMEV Amro Bank Ah Stad .89.00 81.20 127.00 -05 -14 Bartai 1780 +81 BOLS 143.80 -1 Boahrman TaOarc Caiva 141 *a. 92.00 no •18 -03 +8 242.00681 words
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Article122 1987-03-02 10 AP IN RESPONSE to tha yen's rise against ths US dollar. American Honda Motor Co Inc is raising its US pricea of its Honda and Acura division cars. The price increeae la effective from today. The increase will boost prices of Honde cars by snAP - 122 words
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Page 10 Advertisements
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Advertisement549 1987-03-02 10 v; I Wtere to wiae, »:bs > entertain MARCH *4 Discover the epicurean delights of aquatic treasures like oysters and prawns. Have them fresh, poached, pan-fried or grilled. the choice is yours. With wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement. Royal Singapore S a.549 words
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Advertisement87 1987-03-02 10 forflSperpcnoß. from our extensive USitem Sichuan menu. Two to three persons may pick four to six persons-six dishes, persons-eigjit dishes, and persons may rr 77I Manned by PnoceH«eb-MpMi ppHUT CoDtmin&ctbePhnoeHotebtradrtmoffrieadytemoe. 270 Orchard Road. Singapore 0923. Tel: 732-1111. SMMZWfB. Variety. Quality. Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are87 words
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INTERNATIONAL COMPANY NEWS
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371 1987-03-02 11 UPI BARCLAYS last week became the second of the big four High Street banks in Britain to report figures for 1986, with an exciting 6.5 per cent profit jump to £895 million (U*****.25 million), from €840 million (US$l.26 billion) in 1985.UPI - 371 words
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207 1987-03-02 11 AFP JAPANESE telecommunications giant Nippon Telegraph and Telephone Corp (NTT) has expressed fears that a proposed new sales tax will lead to a drop in its ordinary profits in the next ifinancial year. J NTT, in its economic planAFP - 207 words
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Article, Illustration595 1987-03-02 11 Sharp improvement in final quarter lifts group's performance FT PHILIPS, the Dutch electronics group, lifted its profit by 10 per cent to fl 1.02 billion (US$496 million) in 1986 despite lower sales compared with fl 919 million the year before, thanks to aFT - 595 words
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152 1987-03-02 11 FT BRITAIN has signed with Boeing and the US government agreements for the purchase of Awacs radar aircraft which could set a contractual precedent for future UK success in resisting US ex-tra-territorial controls. Archie Hamilton, Under Secretary of State for Defence Procurement, said lastFT - 152 words
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320 1987-03-02 11 AP MAZDA MOTOR CORP is considering a plan to export Ford cars manufactured at its Michigan plant to Japan, a Mazda official said. Under the plan, Mazda would import some Ford models beginning next summer to Autorama, the company'sAP - 320 words
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469 1987-03-02 11 FT AMERICAN Telephone and Telegraph (AT&T) is teaming up with Societe Anontne de Telecommunications (SAT), a French manufacturer of telecommunications transmission equipment, to increase its chance of taking over control of Compagnie Generale de Constructions Telephoniques (CGCT), the stateFT - 469 words
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Page 11 Advertisements
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Advertisement511 1987-03-02 11 r> k Wtmm to wim 9 ms& e»tortal» ir.£> <&riU J J" r c So much to choose for only $16.50 A sumptuous spreod with many different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, tortes cheese board, fresh fruit.. freshly brewed coffee. All for511 words
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Advertisement191 1987-03-02 11 S IRRESISTIBLE OFFERS! ■40% OFF P all Premium JrK brands and bottle rates Cn Buy one drink and get one FREE Extended Happy V* Hour 12 noon -Bpm UUU Entertainment by 2 top bands nightly (6pm 2am*) firnwcnons A popular show band from the Philippines Singapore's Chch&ul most popular band191 words
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RAW MATERIALS
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574 1987-03-02 12 Washington urged to support move AFP THE ASSOCIATION of Tin Producing Countries (ATPC) has announced new export controls to boost world prices and has urged the US to cooperate by limiting releases from its strategic stockpile. Indonesian Mines and Energy Minister Subroto, the chairmanAFP - 574 words
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428 1987-03-02 12 Bernama ASEAN has urged the European Community (EC) not to impose the proposed sdditionsl tax on vegetable oils snd fsts, including palm oil, imported from this region. In an aide memoire sent to EC president Leo Tindemans byBernama - 428 words
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193 1987-03-02 12 Reuter TEMPERS flared at an extended meeting of coffee producers and consumers in London last Saturday when a group of exporters was excluded from a key negotiating forum. The special meeting of the ICO council, called to stop a prolongedReuter - 193 words
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Article132 1987-03-02 12 Chinese Produce Silm 1 noon prt en on Fab 28 (SS/100 kgj. Coconut oil Mk rot 9040 OM dnm rot ***** No drw rOt ***** Copra MUad (Ioom) S3 ■atari P«PfMT rot NLW *****0 rot Utq MW *****0 Mac* rot M.W •77JO Viwii Mo Mat* rot MW Lonpong132 words
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Article56 1987-03-02 12 WHEAT FUTURES on the Chicago Board of Trada hold midsaaaion advancaa and cloaed higher last Friday. gaining 4-1/2 to 1/4 US cant a bushel with apot March at 2.82-3/4 cants a buahel. Corn futuraa cloaed higher, holding midsaaaion advances and ending 2-1/4 to 1/4 cent a bushel up, with56 words
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Article56 1987-03-02 12 RUBBER Closing prfcas Dote S cartt/kfl M canft/kg Fab 23 189JO 225.00 Fab 24 187JO 224J0 Fab 25 188-50 224-50 Fab 26 191.00 226.00 Fab 27 189 JO 22SJ00 KL TIN Do* Clwhg print M|/%» zz F*b 23 F*b 24 F«b 25 F*b 26 F*b 27 16.99 16.94 16J9 1*7956 words
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Article72 1987-03-02 12 SOYBEAN FUTURES in Chicago closed higher, holding midsession advances and gaining 1-1/4 to fivo US cents a bushel. Spot March closed at US$4.B2-1/2 a bushel. Commercial and local buying supported prices in a featureless session. Soyoil futures closed mixed, ranging unchanged to 0.10 cent a lb higher, with spot72 words
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581 1987-03-02 12 Reuter NATURAL RUBBER appears to have entered a stable phase with most traders predicting only a small price fluctuation for 1967. Participants at a regional rubber producers meeting last week in Chiang Mai, Thailand, said although rubber prices could improve slightly duringReuter - 581 words
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1158 1987-03-02 12 AFP OIL PRICES remained under pressure last week on doubts about Opec's ability to counteract the effects of slack demand. Trading in London commodities was otherwise dominated by currency factors. Nervous conditions prevailed on the foreign exchangee, where the agreement between the leadingAFP - 1,158 words
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Article621 1987-03-02 12 COFFEE Futuraa ended slightly easier last Friday but waa contained in a narrow range awaiting definite news from the London ICO talks. Contracts closed £2 to £10 a tonne down from Thursday. Near May cloaed at £1,558 against Thursday's £1,560 and in a high-low of £1,575/1,540. Estimated volume621 words
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Page 12 Advertisements
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Advertisement313 1987-03-02 12 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE A SHIP'S NAME We PACIFIC INTERNATIONAL LINKS (PRIVATE) LIMITED, of 140 Ocil Street, #03-00, PIL Building, Singapore 0106, hereby give notice that In consequence of oar intended purchase, we have applied to the Registrar of Singapore Ships ander Section 417 of the Merchant Shipping313 words
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Advertisement348 1987-03-02 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 188 AND IN THE MATTER OF ANGELINA INVESTMENTS (PTE) LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP (Pursuant to Section 180) At an Extraordinary General Meeting of the Members of the abovenamed company, duly convened and held at 190 Middle Road348 words
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Advertisement329 1987-03-02 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 (Revised) AND IN THE MATTER OF AMWOOD6 FAR EAST PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 280(1) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at329 words
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Advertisement345 1987-03-02 12 THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF T.K. ONGJHOLDINGB) PRIVATE LIMITED NOTICE OF SPECIAL RESOLUTION (Pnrouuit to Bection 290) At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at 100 Kim Seng Road #01-14/16 Kim Seng Shopping345 words
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Advertisement150 1987-03-02 12 IS HEREBY GIVEN, pursuant to Section 306(2) of the Companies Act Cap 185 that the Final Meeting of the atxwenamed Company wi be hetd at 36 Robinson Road. #05-01 City House. Singapore 0106 on Wednesday. 1 Apri 1967 at 1100 a m tor the tofcwmg purposes Ho receive an account150 words
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MARLET REVIEWS
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Article, Illustration5311 1987-03-02 13 ELAINE KOH - I]"""' 3 J By ELAINE KOH THE SINGAPORE stock market consolidated for most of last week, after two weeks of heated trading. The all-time high of 1071.91 on the Straits Times Industrial Index, achieved on Feb 8, 1964, is the target level that5,311 words
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369 1987-03-02 13 R ■r.upJ London I®] 1 m Reuter AFP SHARE PRICES on the London stock market continued soaring last week, but the widely watched FTSE Index of 100 leading shares failed to crack the psychological barrier of 2.000. The FTSE 100 ended the weekReuter; AFP - 369 words
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Article814 1987-03-02 13 JULIANA TAY - Week ended Feb 27 compiled by JULIANA TAY SCRIP ISSUES Aokom: Bonus issue of one-for-one Bonvests: Rights issue of one-for-four at $0.65. H Tai-Pan: Rights issue of one-for-two at $0.50 I C S: Proposed rights issue of one-for-four at $6. TDM: Rights issue of one-for-one814 words
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847 1987-03-02 14 Dow resilient in the face of a spate of bad news m W\ j ew kl FT AT LAST, the market has had a run of really bad news to contend with. Indeed, in a less jovial and optimistic age, theFT - 847 words
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592 1987-03-02 14 r 1 pjj Tokyo M. J AFP PRICES on the Tokyo stock market continued to rise last week, with excess funds pouring in, following a cut in the discount rate to a record low of 2.5 per cent per annum effectiveAFP - 592 words
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230 1987-03-02 14 AFP THE Australian share market hit record levels last week in a week of some confusion over where to put investment dollars. The market closed sharply higher as strong buying of blue-chip industrial stocks pushed the market up. "It's the most irrationalAFP - 230 words
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606 1987-03-02 14 n t Hongkong jm! SHK THE MARKET advanced a further 50 points in the Hang Seng Index to end the week at 2877.87, just 1.14 points behind the historic high closing on Monday. Trading was extremely hectic with the daily transaction volume averagingSHK - 606 words
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603 1987-03-02 14 K.Lumpur 4 AFTER a four-week unabated run-up, bulls showed signs of fatigue last week on the Kuala Lumpur stock market and deckled to take a breather. The market went into a coosol idstion phase, especially in the first three days,603 words
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171 1987-03-02 14 CSZ THE Credit Suisse Index ended the week st 530.1, 4.8 points lower then the previous week's cloee. Last Monday, the index dropped 7.9 points. On Tuesday, it shed 0.8 point The primary cauaes were disappointment over Credit Suisse's small dividend increases, scepticism asCSZ - 171 words
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672 1987-03-02 14 NYT HEAVY foreign buying of American stocks, which set records last year and has contributed to the recent surge in prices on Well Street, is expected to continue for months to come. Investment analysts believe that foreigners remain bullish, especially in Asia, despite theNYT - 672 words
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Page 14 Advertisements
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Advertisement78 1987-03-02 14 APPOINTMENT m fifes N.M. ROTHSCHILD ft SONS (SINGAPORE) LIMITED ASSISTANT MANAGER -Banking If you have the following requisites: a recognised tertiary education in economics, business administration or accountancy 2 years' experience in corporate banking and capital market products initiative ability to function in a team familiarity with the market place78 words
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Advertisement229 1987-03-02 14 JUNCROWN LIMITED (Incorporated in Hong Kong) Announcement On behalf of Juncrown Limited ('Juncrown'), Citicorp Investment Bank (Singapore) Limited f Citicorp') has on 2 March 1987 despatched the Offer Document dated 2 March 1967 to the shareholders of Sunshine Allied Investments Limited Allied") relating to the offer ('Offer') by Citicorp, for229 words
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COMPANY NEWS
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Article, Illustration438 1987-03-02 15 tou mm™ Shearson LEHMAN BROTHERS An American Express company HOCK LOCK SIEW KHOO TECK PUAT is spending a small fortune trying to protect his financial empire. This columnist has found out that he is paying through his nose to retain the servicesHOCK LOCK SIEW - 438 words
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Article677 1987-03-02 15 LAST FULL YEAR Company Period Data Year MM EPS Gtom Net anna unced ending (cants) dh profit lost year ($-000) Fed Cables Interim Jun 87 6,1751 (i) S J Amol Interim Dec 19 Mar 86 73 527 Malayawata Interim Dec 11 Mar 87 30.4931 K L Industries Final677 words
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Article917 1987-03-02 15 Reuter SHARE PRICES were dull sluggish last Friday <with prices drifting lower .on a lack of interest after ia mixed session, dealers Better-than-expected •UK January trade figures prices a lift from ear--»ly weakness around mid"morning. But US data a rise in the January trade deficit to Z US$l4.BReuter - 917 words
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235 1987-03-02 15 HOMER CHEN - By HOMER CHEN AMALGAMATED STEEL MILLS BHO (ASM). Malaysia's leading manufacturer and distributor of steel and iron products, has projected a pre-tax profit of at least M 532.3 million or gross earnings of 9.5 cents per share for the current financial year to235 words
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Article121 1987-03-02 15 TDM BHD said its shars transfer books and register of members would be closed from March 20 to March 24 (both dates inclusive), to determine shareholders' entitlements to the one-for-one rights issue of 27.5 million new shares of $1 each at an issue price of M$1 per shars.121 words
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LATEST RESULTS
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80 1987-03-02 15 For the year to end- October 1966. group pre-tax profit fell to M 516.7 million ($29.6 million). Selprop said the drop in profit was due to the loss incurred in the Damansara Town Centre venture in Kuala Lumpur. After tax and minority interest, profit80 words
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Article119 1987-03-02 15 For the 15 months to endDecember 1966, the group made pre-tax profit of M 548.25 million compared with $37.25 million tor the 12 months to end-Septem-ber 1965. Turnover rose to $304.84 million ($237.32 million). After tax. Guinness'* profit was $29.75 million ($19.54 million) giv- ing an annual119 words
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Article, Illustration794 1987-03-02 15 NAJEEB JARHOM - By NAJEEB JARHOM BRIAN CHANG looks set to make a comeback. After all the brickbats and ridicule over Promet's untiring efforts to stay away from the deadly claws of its liquidators, a ceasefire between the company and its creditor banks has been called.794 words
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Article597 1987-03-02 15 Bernama THE MALAYSIAN Capital Issues Committee has approved the proposed one-for-four bonus issue of the Malaysian newspaper and publishing group, the New Strsits Times Press Malaysia (NST), chairman Mohd Desa Pachi said last Saturday. Speaking at the group's 15th annual general meeting in Kuala Lumpur,Bernama - 597 words
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293 1987-03-02 15 MBT THE JOHOR State Economic Development Corporation (SEDC) plans to list two of its subsidiary companies on the Kuala Lumpur Stock Exchange in two years. Its executive director, Datuk Mohd Ali Haji Haehim, said in Kuala Lumpur last Friday that the SEDC hadMBT - 293 words
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Page 15 Advertisements
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Advertisement57 1987-03-02 15 LIVE AT CATHAY A* X A A The Harlequins, Philippines' winsome four are now playing Cathay's famous brand of music the perfect accompaniment to sumptuous Cantonese cuisine and superb wines. Come dine in an international supperclub setting and dance the night away The food is Chinese, the mood international 157 words
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245 1987-03-02 16 Bernama MALAYSIA'S unemployment rate is expected to rise to 10.1 per cent by 1990, a deputy minister said yesterday. Deputy Energy, Telecommunications and Posts Minister Datuk Haji Zainal Abidin Zin said that up to 1965, Malaysia had 448,600 registered unemployed (7.6 perBernama - 245 words
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285 1987-03-02 16 Bernama MALAYSIA will lose a substantial amount of foreign exchange if the demand for the country's vegetables drops in Singapore because they contain excessive levels of fungicide. Deputy Agriculture Minister Datuk Alex Lee warned yesterday. The problem must be rectified so that theBernama - 285 words
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209 1987-03-02 16 UPI TENS OF THOUSANDS of Japanese opposed to a proposed sales tax turned out at a massive downtown rally and marched through Tokyo streets yesterday in an unusual display of protest against the government Police said no incidents were reported in the Tokyo protest orUPI - 209 words
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393 1987-03-02 16 Reuter AMERICAN Secretary of State George Shultz opened a five-day visit to China yesterday by backing bold reform, the subject at the heart of Beijing's intense political battles. Mr Shultz, speaking at a banquet welcoming him to Beijing, used the words of oneReuter - 393 words
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379 1987-03-02 16 Reuter SOVIET LEADER Mikhail Gorbachev haa proposed a separate agreement with the US to abolish medium-range missiles in Europe, drawing a positive initial reaction from Washington. He said on Saturday that all medium-range missiles in Europe should be eliminated within five years, revising aReuter - 379 words
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565 1987-03-02 16 FOO CHOY PENG - Chinese women not producing their fair share of babies By FOO CHOY PENG IT IS THE baby boomers who must start having more babies. The women in this sge group (25 to 34 years) are now in their most fertile stage,565 words
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Article454 1987-03-02 16 LUCY NG - By LUCY NG UNMARRIED MOTHERS have a place in helping to solve Singapore's falling population problem. Rather than have them go for abortions, they could be encouraged to have their babies so that others can adopt them, said the Minister for Community Development, Mr Wong454 words
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Article67 1987-03-02 16 Reuter ISRAEL, idealised in the Bible at a "land (lowing with milk and honey", hat run out of honey. The Jerusalem Post yesterday quoted a sweet-ly-placed official as saying the Promised Land has had to import honey lor the first time. Rafael Agmon, secre-tary-generalReuter - 67 words
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LATE FILE
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Article35 1987-03-02 16 Reuter FRANCE yesterday announced plans to launch it* first military observation satellite in July 1993, moving ahead with an ambitious programme to extend its surveillance capabilities into spece.Reuter - 35 words
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Article36 1987-03-02 16 UPI ABOUT 200 Cambodian refugees were loaded aboard four trucks and driven awsy to border encampments yesterday as Thai officials began emptying the last UN camp for Cambodian refugees in Thailand. UP!UPI - 36 words
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Article31 1987-03-02 16 UPI THE founder of the communist New People's Army (NPA), Bernabe Buscayno, yesterday dismissed as a "bribe" the government's offer of a full amnesty for insurgents. UPIUPI - 31 words
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Article38 1987-03-02 16 Reuter KUWAIT'* oil minister. Sheikh Ali al-Khalifa al-Sa-bah, aaid in an intarviaw published yesterday that there were no plana for an emergency Opec meeting following the recent weakness in world oil prices. ReuterReuter - 38 words
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Article44 1987-03-02 16 UPI THE Soviet Union and Vietnam are boosting the military capability of tiny Laos with plana to build a new airport and to supply 40 armed boats to patrol the Mekong River, said s Thai naval officer yesterday. UPIUPI - 44 words
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Article53 1987-03-02 16 UPI PAKISTAN'S leading nuclear scientist, Abdel Qader Khan, waa quoted in an interview published in London's Sunday Obeerver aa saying that his country haa the atom bomb. But in a letter delivered to news agencies by the Pakistan Embaaay in Waahington, Khan denied he had madeUPI - 53 words
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Article44 1987-03-02 16 AFP MALAYSIAN authorities have detained 26 illegal immigrants believed to be Bangladeshis in northern Kedah state. Bernama news agency said yesterday that a Malaysian anti-amuggling unit picked up the 26, who included five children, near Alor Star on Saturday. AFPAFP - 44 words
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Page 16 Advertisements
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Advertisement440 1987-03-02 16 Get your free dippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Bid to hold accountants' congress in Singapore 2. Study confirms measures for S'pore 3. Need to brush up image as world maritime centre 4. Optical equipment maker440 words
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Advertisement142 1987-03-02 16 Ernst Whinney Consultants Pte Ltd THE SINGAPORE BUDGET 1987 The Minister for Finance, Dr Richard Hu, is expected to present his Budget Statement to Parliament on Wednesday, 4th March 1987. What the Minister has to say will affect Singapore's Economy in the coming year and it will also affect every142 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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121 1987-03-02 17 THAILANO will establish a freight booking centre by July to strengthen the bargaining position of shippers, said Mr Chaleo Suowankitti, chairman of the Shippers' Council of the Board of Trade. The centre, modelled after Singapore's, will also play a major role in121 words
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402 1987-03-02 17 G DURAIRAJ - By G DURAIRAJ TENDER for the construction of general cum container berth at Port Kelang is expected to be called before the middle of the year. The successful candidate will be selected by year-end and work is scheduled to be completed402 words
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315 1987-03-02 17 GENERAL BUOYANCY in the trans-Pacific trade coupled with increasing confidence in the United States Lines have enabled the carrier to lift its loadings to that achieved just before it filed for Chapter 11. "We're even now with last November and the growth315 words
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203 1987-03-02 17 TWO TRANS-PACIFIC freight conferences governing the outbound trade from Japan have deferred a 15 per cent rate increase by a month to April 1. The Trans-Pacific Freight Conference of Japan and the Japan/Atlantic Gulf Freight Conference, had originally planned to implement203 words
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PORT SIDES
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Article86 1987-03-02 17 Reuter THE INTERNATIONAL Development Association has approved a U5527.6 million credit for Zaire to help the country strengthen its river transportation and port system. IDA, the World Bank arm which makes interest free loans to the poorest countries, said the credit supports a U5547.9 millionReuter - 86 words
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Article34 1987-03-02 17 Reuter NEWPORT NEWS Shipbuilding and Drydock Co. a division of Tenneco Inc, has received a US$5O.l million contract for work on the nuclear aircraft carrier Enterprise. the navy said. ReuterReuter - 34 words
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328 1987-03-02 18 AP A BRITISH-BASED company has devised an electronic system named "Toad" to protect commercial ships against attacks by Iran and Iraq in the Gulf "tanker war." The system is capable of jamming radar-guided missiles and thus preventing hits, said Commander Sharkey Ward,AP - 328 words
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Article754 1987-03-02 18 ACTIVE time-charter business is rsported on tt>« freight market on Thursday, but no fresh Panamax fixing emerged for grain cargoes out of the US. ship brokers said. Time-charterers secured various vessels out of the Continent. including a 28.000 tonner for thrse to five months trading at U553.560 daily,754 words
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Article491 1987-03-02 18 PRICES for scrap vessels which hit a peak of US$l5O per light ton early last month have tended easier in Taiwan as most of its breakers have fulfilled their requirements for the month. Brokers say the Ocean Lucky (ex Milvus), motor bulker of 14.340 light tons built 1965,491 words
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Article926 1987-03-02 18 1 11,' 5 2 BSSMMMII 3 1 Alrieo Ocaon B 1 4 Alhrant V* 3 AC To*p<*t X S Anro Sorvic* IV 2/3 Arrow lm«< X 4 Attej lin* X 3 AM 1 1/2 AfC lin* V 4 An 2/3 ASCI M 1 Wt Conoda Lin* VI926 words
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396 1987-03-02 19 Lloyd's List CARELESS calculations of freight rates are costing tanker owners and charterers thousands of dollars per voyage. The International Association of Independent Tanker Owners (Intertanko) says "nasty shocks" await those who fail to grasp the changes introduced with theLloyd's List - 396 words
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86 1987-03-02 19 AP SLUOGE from a disabled freighter continued to wash ashore, fouling at least 48 km of Pristine Beach and crippling hundreds of sea birds in North Florida's worst oil spill in more than a decade. "This is going to be pretty severe, I'm afraid,"AP - 86 words
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Article156 1987-03-02 19 THE SINGAPORE Maritime Officers' Union has revised its welfare scheme, with new benefits which it says are comparable to those provided by insurance companies. The new features include a $10,000 personal accident cov- erage for paid-up members, applying to death or disability outside working hours. A156 words
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314 1987-03-02 19 Reuter A TANKER was reported hit in the Gulf on Saturday, the third merchant vessel attacked in the waterway in the last 24 hours. In London, Lloyds Shipping Intelligence Service said the vessel Sea Empress was attacked in the southern Gulf off Abu DhabiReuter - 314 words
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Article52 1987-03-02 19 AP FIRE broke out aboard a Soviet fish-factory ship moored off the southwest coast of England, forcing the evacuation of about 40 of the vessel's 100 crewmen. Firemen were ferried by lifeboat to fight the fire on the 3,019-ton Mustyarv as flames spread through the ship'sAP - 52 words
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Article52 1987-03-02 19 AN ARTICLE in Shipping Times last Friday. "Transpacific losses may be halved, say Tokyo lines", named Mitsubishi as one of the big-six Japanese carriers which will reduce its losses in the trans-Pacific trade in the next financial year. Showa Line and not Mitsubishi is a member of52 words
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Article1079 1987-03-02 24 AT CONVENTIONAL WHARVES VMM KEPPEL WHARVES Man i Arrival u«p«ra Fultuun Moru 28 K2I alongside 02 03/1500 M Sholokhov K36 olongside 02X33/1800 Auby Sua Han IC2SW CS 03/0630 *****600 K29 02 03/1500 0303/1500 CS Oceon K34 02.03/1700 OS 03/2300 Glory Selolon K27 0203/1900 0303/2300 Koheng K33 0203/18001,079 words
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3487 1987-03-02 24 (mm— Ew QmiM. Evargraan. Mar 3. Yin Ha. China Ocaan Shpg. Mar 6. Evx Qaniua. Evargraan. Mar 11 Axal Maarak. Maarak Lina. Mar 12. Evar Oar dan, Evargraan. Mar 18 Yin Ha. China Ocaan Shpg, Mar 6. ABIOJAN N Van Oiaman. Nadlloydt3,487 words
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Page 17 Advertisements
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Advertisement574 1987-03-02 17 mammoth Hunters Jmk M. Auel [3 CORONET BOOKS X'lV SNIPPING AGENCIES (KM. NO 200 Cantomnant Road #12-05 Soumjmnt, S* OI^OVH^MMMLine Mil// Tti *****11 TELEX NO RS ***** PflnaH TEMHINAUCFS TM 32CD218 220 BOOKINGS T«l *****34 23S fOOK] on Jardines re**A JARMNE SHIPPING AGENCIES SON. RNO JOJT KELANC TEL 3M4111 Tain574 words
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Advertisement65 1987-03-02 17 QiMDS A BRITISH-BASED company has devised an electronic system named "Toad" to protect commercial ships against attocfcs by Iran and Iraq in the Guff "tanker war." Pege II CARELESS calculations of freight rates are costing tanker owners and charterers thousands of dollars per voyage. Pag« 111 Index to advertisers II65 words
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Advertisement416 1987-03-02 17 r b SHE HAD r POWER. SHE NEEDED LOVE SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE But what Is the price she has paid? Available at al good bookshops MAERSK LINE Shipping to USA-CANADA? You can still avail your shipments to the pre-general rate increase rates if416 words
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Page 18 Advertisements
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Advertisement421 1987-03-02 18 SHIP MANAGEMENT P O Australia and Northern Marine Management (UK) are pleased to announce to the international shipping community the opening of AUSTEN MARITIME SERVICES office in Singapore. SERVICES PROVIDED CREWING STORING PURCHASING MAINTENANCE REPAIR SUPERINTENDENCE ACCOUNTING INSURANCE SURVEY DRYDOCKING AUDIT PROJECT MANAGEMENT LAY UP REACTIVATION FOR Offshore Supply Vessels421 words
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Advertisement55 1987-03-02 18 MIKE Notice is hereby given that MB MT IBM m CM K HC k. 214m1/C has ceased to be in our employment with effect from 06 FEBRUARY 1967. She has no authority whatsoever to transact any business or collect any monies for and on behalf of RMT MMMEMBVT PTE LIB55 words
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Advertisement861 1987-03-02 18 Bangladesh Shipping Carparattaa TENDER NO. 4/86/87 (ACQUISITION OF VESSEL) International Tandar Notlca For Oil Tankar Offers are invited by the Bangladesh Shipping Corporation (BSC) from the Shipyards/ Shipbuilders, Agents/Brokers. Owners for supply of one oil tankar having deeign DWT between 110,000 to 135,000 on the following terms:(A) Tanker to be861 words
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Page 19 Advertisements
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Advertisement669 1987-03-02 19 The Straits Steamship Group iTOP Mansfield Container Shipping Pte Ltd p&o kContainers Limited CONTAMERSMP SERVICE TO UK/CONTMENT:) STRAITS SHAPING Singapore to Sabeh, Sarawak, Brunei Porta and Bangkok rtCASUS PR lOC vow BANGKOK BORNEO A6ENCIES LTD. BAN6KOK TEL *****00 c SERVICE FROM JK/CONTMENT Lili AUBT NNTANG SUM* STRAITS NOPE straits vumias669 words
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Advertisement625 1987-03-02 19 Anytime. Now, stay in touch with your shipments anywhere in North America and the Far East. Your container shipments to Hongkong and Singapore, Mitsui North America and the Far East may O.S.K. Lines can check the status of be gone but not forgotten when you your shipments around-the-clock, ship by625 words
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Advertisement371 1987-03-02 19 Franco Belgian Services r fciuiLiL Lfcimaaiflm ir/l K, iLl.in !r t Til •ylrTrii (MEMBER OF ACE CONSORTIUMS S*WREP.«IANCUtor»RA« r'StMM Ham I'Navwi AM TRANSMORLD RRIOCE 4 tor (2 tor) 23 tor 24 Mr Bkt 21 tor a Mar 31 tor ORIENTAL CHIEF 4FA 7FA IF* MFA 12 Fat (K tor) I371 words
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Page 20 Advertisements
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Advertisement351 1987-03-02 20 CONT AINERSHIP SERVICE TO UK CONTINENT AU UK INLANO DESTINATIONS, BELFAST. DUBLIN COPENHAGEN, AARHUS. GOTHENBURG. MALM. HELSINKI. OSLO. AMSTERDAM CARIBBEAN A 1 AMERICA C ONV_ sE Ml CO N T AINER SERVICE TO EUR 0P E CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT Mm LaHavra Stan351 words
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Advertisement697 1987-03-02 20 kp*SC. S. LINE tt*i» c—"** FULLY CONTAINERISED SERVICE [TO EUROPE VIA SUf /1 Mfmbf ot ,ht Cf Coruxton S port FMm) 4/3 (2/3) SEVEN SEAS BRIDGE Ml U/3 9/3) ACE CONCORD M 11/3 (16,3) C.R. PAINS 9W 2S/3 (23/3) LoNawa R'daai F*ta«a H'bur| Antwp 23 3 m m m m697 words
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Advertisement339 1987-03-02 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: *FAVROUZ 2 I SINGAPORE CALICO SNIPPING PTE LTD Tel: 22SM TU: RS Bill CALICO FAX 2MSZ7I PONT KELANC PERKAPALAN UTAMA SON MO Tafc TWlltyt KOTA KINABALU KESAWAN SNIPPING SON BHO Tal: mm (I Dm) Fix: OUD TG. HANI RASA MUHIBSAH339 words
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Advertisement1037 1987-03-02 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP MKC KSG KLC PUS EVER CL EAMY 3/3 7/3 *3 M/ 3 EVER LAUREL V 3 13/3 I*3 17/3 EVU GATHER I*3 8/3 24/3 2*3 EVER GUIDE 2*3 2*3 31/3 EVU LIVING IK 5/4 7/4 *4 EVER LEVEL *4 12/4 14*1,037 words
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Page 21 Advertisements
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Advertisement477 1987-03-02 21 PACIFIC INTERNATIONAL LINES \\m\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE vcssei majapahtt QOWA KOTA SMOA SIN JKT MY SIN BLD MPT 3/3 M 1M 21/3 OMIT 34/3 31/3 2/4 TCM TAICMUNQ *MUH I HKG KAO "TCM KEE MM *MUR *HTC VOK KM477 words
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Advertisement226 1987-03-02 21 THONG SOON £•'O9-00, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO KIM SOON LI SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT BUILDER 111 BUILDER 111 EQUATOR IV EQUATOR IV SINGAPORE TO MUARA PORT if rrro :[cf With Reefer, and FCL Container Service226 words
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Advertisement679 1987-03-02 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Crty 1 EMv* 40 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT MM BWVEN ROAM HAVRE STM P.KLAMG rftH for S«M SMM MM MM UM 70 WM UM SitM MM MM MM MO BU. KB. NG. IK MM MM MM MM MM M 0 W KIM679 words
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Advertisement412 1987-03-02 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYO P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI COKTAIAERSHIP SERVICES TTHU: ALSO ACCEPT INC PORTS. HULL. LI HELSINKI I conventional cargo via T/S TO UK II HAVRE. OSLO. COPENHAGEN. AARHUS. GOTHENBURG AND Agents: EKA JAYA AGENCIES SINGAPORE Tel:412 words
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Advertisement297 1987-03-02 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok PAGAN VUM Htm* HTONEYWA V222V 3/4 Mv 7/9 Mar SACAING 1/12 Mr PA-AN VMM UAJ Mar BANK LINE FORTH BANK VIIN TAMAITAI SAMOA VAN IVY BANK VISM SPORE ROAM HULL HMBC I*3 7/4 15/4297 words
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Page 22 Advertisements
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Advertisement1052 1987-03-02 22 \»:"K"line KAWASAKI KISEN KAISHA, LTD. USA CANADA ATUUimC MAST (Round Tlm World Sorvlco) Accapting LCL Cargo** to L'Havro, H'Burg, R'Dam/F'stow*. (Scan Porta via H'Burf) TJUWUI JjlfimMM-MIWJI MANILA SPOKE PKLC PENANG S PORE MANILA CEBU KAON KEELUNG TOKYO NAGOYA KOBE MARIA Vl9 27 Fob 4 Mar S Mar 6 Mar I1,052 words
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Advertisement690 1987-03-02 22 AUSTRALIA EXPRESS CONTAINER SERVICE Auniifcn FCL/FCL ConMnm p Unw Vmml Vport M Fim S|ti Mo AMpM It HSS&.V 4 Apr 13 Aer 11 Aar AM/Bn. CALABAR *33 31 Mir "RAMDAS Y. 21 10 Aar 2C Aor SMm 3 May Add/Bra esteclipper*i3i' Apr "CHAwtDAr IX nZ 13 m, aSJ»*7mZ INDIA EXPRESS690 words
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Advertisement666 1987-03-02 22 GOLDEN LINE GUM) GUAN SWUNG (PTC) ITD 21. T«M kym Skt* SBK4POK IIM TU SMJM (II U«) STRAITS/PERSIAN GULF SERVICE: ffpoc mumi Panag QOLOEN WONDER VfU Mr COL DEN REAR Coloiabo/Karaehi/Dabai/ODh» M/ 38 Mar CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA W >4 Karachi Sharjah LINOQUANHE 21/2666 words
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Advertisement449 1987-03-02 22 INTRASEA (PTE) LTD 15 Hoe Chiang Roa'. jtC7 02'03 Santofd Building Singapore 0208 Tel 2*'***** 110 LinesBulkOment Line BREAKBULK SERVICE TO EUROPE/UK S*para P. Mia* >■"<»» tarN.V ADCLINA STVt M.V AGIOS NIKOLAOS IMS Sailed J/3 1/3 lit 3 S£TE/ROT/ANT/UK(NULL) SETE/ROT/ANT /UK(MULL) Afants: Singapore INTRASEA (PTE) LTD BOOKING ZMOI K. Ltaapur449 words
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Page 23 Advertisements
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Advertisement821 1987-03-02 23 NEPTUNE ORIENT LINES LTD S port NEPTUNE AGENCIES PTE. LTD. Ft EU/AUST TPA/SEA Ttl No Otfico TonmMl CfS BOOKINGS VWI7 *****53 27K742 mmn m*n wma nui NEPLINE SDN. BHD. MV NEPLINE SDN. BHD. 2K4H3 NEPLINE SDN. BHD. fmsisamamiam NEPLINE SON. BHD. zmm/tm* 1 m /EUROPE FULLY TO EUROPE/UK (VIA SUEZ):821 words
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Advertisement464 1987-03-02 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON 22/3 27/3 3/4 M Mf4 SPttfl Nt P!IINf AGfNCIf S Plf 1 ID Id .'/***** ?/'BS4 i 4 .Booimj". /'??7bl0 ??l?02? lOprutiomi ??09?84 (Jrmxnall ??o?«so ;?0.'504 icis> 14/4 25/4 29/4 M«i «TMI »(.»N!S TUNAS SHI* SON464 words
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Advertisement616 1987-03-02 23 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 M/S SMARIKAT WAN SOON SON BHD IST AND 2ND FLOOR. NO 1. JALAN CEMPENING. PORT KLANG,616 words
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Advertisement82 1987-03-02 23 Vf/ /.s///"v ta /VC IjAPAN HONCKCDC STXAItS Honfkonf Singapore P.Klang Ponang HERCULES VJA SaiM GISO MARU NO. IVJM SaiM ORIENTAL RUNNER VJIA 2/3 7/3 Ganaral urvty tar HV. Horculoi V.IA 4 NV. Cm Haru No. VJOA will ha Md on tha 2nd ft fth Mar at Mr. KJO fraai Ml82 words
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Page 24 Advertisements
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Advertisement383 1987-03-02 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAO EB DEUTFRACHT SEtRELDERFI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO fUROPt II UmIU t iT»"jFr''ir **VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Lattakia, Limassol, Beirut, Alexandria, Port Said, Iraqi, Iranian383 words
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Advertisement344 1987-03-02 24 SURFACE FREIGHT jZ WEEKLY LCL FCL SERVICES TO: USA/CANADA Also accepting to oil inland destinations U TAY3 INTERNATIONAL PTE. LTD Hi ..l 1,11.'51 TI K .1111 TAXIIN PEKAN BARU/DUMAI/BATAM/BELAWAN WEEKLY SERVICES VESSEL ETA ETO DESTINATION HMIAK SATU 12/3 14/3 BELMMNfCKADMG KOREA NONUON In Port *3 BANJARHASIN/SABMRINDA Om DATA SO 10344 words
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Advertisement257 1987-03-02 24 W TEL: *****11 (S UnM) The RS ***** HWICO ACCEPTING LCL TO CHITTAGONG Vessel ETA ETD Loading for •HORNG LEE47O7 1/3 7/3 Chittafonf/Chalna *NYE SIANG-8707 14/3 IS/3 Chittagong/Chalna I*llCortalwari (fa. LCL 6 SOC) Tarn tamyttft avaMabta Subjoctta irtytiniH swnri s Afte WN CHIAO umpwta AQCNCY WE LTD T«t m-1/1 TIE257 words
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Page 25 Advertisements
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Advertisement463 1987-03-02 25 International Freight Forwarders ■Y-CONSOUDATION TRANSIT TIME ETC SINGAPORE ACCEPTING FCL/LCL HONG KONG *****7 16.03.87, 24.03.87, 07.0387 14.03.87, 21.03J7, iym«7 19.0317, 0303 87, 14.0317, 29.0317, *****7 *****7, 17.0317, 17.0317, 16.03.87, 06.03.87, 29.0317, 14.0417 05.0317, 19.0317, 02.04.87 09.0317 2003.87 0104.87 1003.87 *****7 *****7 1203.87 26.03.87 1003.87 *****7 *****7 BANGKOK TOKYO HAMBURG/ROTTERDAM COPENHAGEN463 words
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Advertisement219 1987-03-02 25 TMMIi 21 PERCH OCEAN LINES (Parfact China Ocaan Shipping Lints) s&; CHINA SERVICES Destinations: Etd. STORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAMOU. ZHANIAN6 XINGANG, QMGDAO SHANGHAI I OTHER PORTS WEEKLY SAILINGS V. r a WORLDWIDE SERVICES ACCEPTING CONVENTIONAL, CONSOLIDATION (LCL) AND FCL CARGOCS WEEKLY FROM SINGAPORE, PORT KELANG AND219 words
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Advertisement385 1987-03-02 25 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA VESSEL VOY SINGAPORE JAKARTA eta etd eta etd PRASETIA U7llt 2/03 3/03 5/03 7/03 119-120 9/03 10/03 12/03 14/03 121-122 16/03 17/03 19/03 21/03 PRABHAKTI 40-41 OS/03 07/03 09/03 11/03 42-43 13/03 14/03 16/03 18/03 44-45 20/03 21/03 23/03 25/03 General Agents385 words
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Advertisement234 1987-03-02 25 11.1., I-, [I TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P.KELAN6 PCNANG KLAWAN KAONSIUN6 C.SCLATAN VI V-a J/3 V 3 CMANC TUNC V-» 1/3 7/1 W 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN234 words
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Advertisement125 1987-03-02 25 UL Hai Sun Hup Co (Pte) Ltd Tf l i 0 l 'fit's; Tl HS ??o*< MS NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN A CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION -.*IM .V GENERAL AGENTS NM StlN Nllf CO (TTE) ITO o mm TO125 words
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Page 26 Advertisements
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Advertisement420 1987-03-02 26 y53 Mhjo smppwg m ltd TEL: *****52, *****92, *****92 TLX: R*****1 FUNER ACCEPTING FCL, LCL 9 CONVENTIONAL MIDDLE EAST SERVICE 190 DUBAI, BAHRAIN, MUSCAT, DOHA. OAMMAN. KUWAIT, ABU DHABI HONGKONG/CHINA SERVICE 1/3, 140 XINGANG, BEIJING, TIANJIN, SHEKOU, 21IX 21/3 SHANGHAI, GUANGZHOU, WHAMPOA 4/3, 7/3. a/3. 11/3 BANGKOK AUSTRALIA 7(3 31/3420 words
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Advertisement440 1987-03-02 26 NEAP SENG TRADING ft SNIPPING PTE LTD MOl BEACH ROAD #13-01 GOLDEN MILE TOWER TEL NO. *****22 (3 LINES) TLX NO. R9 ***** MEAPCO P.T. UNITPD SHIPPING ORGANISATION LTD JAKARTA DIRECT REGULAR SERVICES TO JAKARTA SURABAYA Accept cargo** to all other Indonesian ports with transhipment at Jakarta or Surabaya. VSL440 words
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Advertisement433 1987-03-02 26 C.Y. LINE (A M*mb«r Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S par* UMarra Mm Ftfw* Ntwt Btmi AjUmrp TRANSWORLD MIDGE VM V 3 ZS/3 M/ 3 80 80 80 H0 SEVEN HAS MIDGE VSW 110 W3 H/3 Ifi 4* 7*433 words
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Advertisement563 1987-03-02 26 Everett Lines COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Loading tor CaNao. Mataram. to and al oftar Pan Man ports witti tramtapmant at Kobe On CPV Throufh Ms ot LadM| to fatal datfmabon Ptrunf* P. Kttang Tiwipiri JOHNEVERETT 3/4 Mar MURRAYEVERETT 21/23 Mar THOMASEVERETT 50 Apr "EVERETT ORIENT UNE"563 words
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Advertisement209 1987-03-02 26 itim*! V* Z37Z3 i ir i ZIH SYMCY ACCEPTIM CAIRO TO ADEIAIOE VIA MB ALSO Fa TO I 'M- \1 [OBtzm 5 $2 C 3 GOLD STAR LINE COLD yunTAfw ctmm«n/r>i«h<M«*>ii/ GOLD HILLA AMdiM/AMM/Ufoa/CotaMU P. Har/Oouala/T«M/Mwirovia/LoM. 10-140 OSAKA HAIIU Ourten/P ElizatettVCmtown i 0 Also accaptiiig for DXS and Miwfciiijltujili/Jiwja m209 words
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