The Business Times, 4 March 1987
1987-03-04
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The Business Times
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Title Section12 1987-03-04 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, MARCH 4, 1187 75 CENTS12 words
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Article, Illustration244 1987-03-04 1 STOCK MARKET SHARE PRICES ended slightly lower across the board yesterday as investors appeared reluctant to open new positions. Turnover slowsd to 40.96 million sharss from Monday's 45.4 million and losers took s commanding four-to-one lesd ovsr gaining issues. The Strsits Times Industrisl Index, down 7.92 points244 words
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641 1987-03-04 1 BOEY KIT YIN - Problem prevalent among new and young recruits By BOEY KIT YIN JOB-HOPPING haa reared its ugly head again in the electronics industry. In the context of the national policy of wage restraint, this problem has taken on a different perspective. While electronics companies previously resorted641 words
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195 1987-03-04 1 Reuter, AP THAILAND'S F-5E supersonic fighter-bombers will attack bases of Burmese opium warlord Khun Sa in a campaign to stamp out his drug-smuggling empire. Air force officials in Bangkok said yesterday that the US-made planes would also provide cover for planned troopReuter, AP - 195 words
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405 1987-03-04 1 THE GOVERNMENT has refected ail the tenders to build the city portion of the Central Cxprsss way (CTE), a project setimated to cost $330 million. In a statement issued yesterday. the Ministry of National Development said that "no tenderer submitted a405 words
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Article112 1987-03-04 1 SHARE PRICES in Hongkong yesterday surged ahead to set new record levels for the second consecutive day with the Hang Seng index rising 44.79 points to 2,939.05. Light profit-taking occurred near the 2,900 level but firm overseas demand pushed the index to new highs112 words
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378 1987-03-04 1 Reuter WEST QERMAN BANKS would like Brazil to work more closely with the International Monetary Fund (IMF) with a view to seeking a solution to the country's debt problems, senior West German banking sources said. The sources, speaking ahead of a meeting lateReuter - 378 words
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60 1987-03-04 1 COMPANIES which have moved to Tuas, a fishing village turned industrial estate, are finding it a quiet and lonely place. Several factories appear to have been locked up for some time while others are still waiting for tenants. The major problems seem to be60 words
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114 1987-03-04 1 Reuter FORMER US secretary of state Henry Kissinger will meet senior officials from the Association of South-east Asian Nations in Kuala Lumpur on Friday, the Malaysian nationsl nsws sgency, Bernama. reported yesterday. Malaysisn Prime Ministsr Dstuk Seri Dr Mahathir Mohamad will be the hostReuter - 114 words
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Article, Illustration366 1987-03-04 1 AMY CHEOK - By AMY CHEOK PUBLICLY-LISTED Hotel Properties Ltd, the owner of the Hilton International Singapore, is the latest suitor to knock on the doors of troubled Emporium Holdings (S) Ltd. The company disclosed yesterday that it had signed a preliminary agreement to acquire the366 words
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157 1987-03-04 1 FINANCE MINISTER Or Richard Hu it to unveil the Budget for the new fiscal year in Parliament this afternoon amid little expectation of any major concessions for busineesmen. Details of tax breaks to encourage parents to have more babiee under the new population policy157 words
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Page 1 Advertisements
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Advertisement138 1987-03-04 1 Buy Genuine Regal Shoes from authorised dealers for your protection A HELPING FOR HOME BUYERS «Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make138 words
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Advertisement257 1987-03-04 1 Sh Page 8 mm kS? < OUR VIEW IT WOULD BE MASOCHISTIC to suggest that the securities industry has become all the better for having been lashed by the Pan-Electric crisis. Then again, could we have arrived at where we are had not that crisis stirred the industry out of257 words
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Advertisement237 1987-03-04 1 \a Hot news FOOTE, Con* 4 Balding of Chicago has severed Its link with Singapore partner Quantum, and signed an exclueive affiliation with a new partner. In another development, YP Chan, managing director of Bozell, Jacobs, Kenyon Eckhardt, takes steps to "wind down". All In Advertising Marketing on Page 7.237 words
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Advertisement20 1987-03-04 1 til yy y.J&IZ I I^J The 2nd Asian Mamatonal Food Procasnng Packaging Technology Show Conlarence Ml April 1987 WTC 120 words
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559 1987-03-04 2 GOH YEE UNG - By GOH YEE UNG ORCHARD ROAD is Orchard Road, that's essentially what hotels jn that area are saying with a tinge of pride and taunt in reporting higher-than-average occupancy ratee. Throw in their established status, customer loyalty and aggressive marketing, the threat559 words
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136 1987-03-04 2 A JAPANESE DELEGATION will arrive in Singapore tomorrow for a three-day visit to introduce the latest Instrumentation technology to local Industries. The six-member Yokohama Instrumentation Industry mission will conduct a one-and-a-half-day seminar and workshops on instrumentation technology. They will be organised by the136 words
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81 1987-03-04 2 TELECOMS introduced its Telepac service to Portugal with effect from yeeterday, and will do the same for Bermuda with effect from March 16. With this service, subscribers can now receive data baae information or use the proceesing capability of a remote computer. The charges for81 words
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283 1987-03-04 2 NATIONAL CARRIER Singapore Airlines (SIA) will be spending $42 million on maintenance and engineering hardware over the next two years. Nearly e third will be spent on s new engine test ceil to be opersted by SIA subsidisry Singapore Engine Overhaul Centre.283 words
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Article40 1987-03-04 2 THE INDUSTRIAL Arbitration Court (lAC) haa moved to its now premises at City Hall. The now addreaa is Fourth Storey, City Hall, St Andrew s Road. The now telephone number of the adminiatration section is *****18.40 words
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379 1987-03-04 2 JEFFREY TSANG - By JEFFREY TSANG AFTER the huge success of Informatics 86, the nstionsl exhibition snd conference on information technology, the organisers are expanding the programme this year and renaming it the Singapore Information Technology Week. The exhibition which occupied under 10,000 sq metree of floor379 words
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Article, Illustration171 1987-03-04 2 THE CHAIRMAN and chief executive officer of Jepen's NEC Corporation, Or Koji Kobeyashi, has been appointed an honorary adviser to the Economic Develop ment Board. He is the fourth adviser appointed under the EDB Advisor Scheme, which elms to get the help171 words
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Article84 1987-03-04 2 THE SINGAPORE Federation of Chambers of Commerce and Industry (SFCCI) will send a trade mission to Pakistan this Saturday. With the support of the Trade Development Board, the 10member delegation will leave Singapore on March 7 for a 10- day mieaion that will cover Karachi.84 words
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78 1987-03-04 2 THE SINGAPORE Jaycees' Merlion Chapter ia organising a talk on tranaactional analysis next Tueeday, March 11. The talk, to be held at the Mandarin Hotel, will be given by Dr Chua Bee Long from the per- eonnel reeearch department of the78 words
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Page 2 Advertisements
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Advertisement336 1987-03-04 2 GOMNE lEAIKRMAM PRICELESS BY BMW The BMW 520 i is now fitted throughout with a luxurious, hand-tooled leather interior, at no extra cost. The smell, the feel, the craftsmanship, even the look of it tells you that this is no ordinary car. And indeed it is not. Because the BMW336 words
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ASIA-PACIFIC
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456 1987-03-04 3 AFP AUSTRALIAN Foreign Minister Bill Hayden told Soviet Foreign Minister Eduard Shevardnadze yesterday that Australia was concerned about Soviet penetration of the South Pacific. "You know that we have concerns about your increased level of activity in the South Pacific region," Mr HaydenAFP - 456 words
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252 1987-03-04 3 AP PRESIDENT Corazon Aquino said yesterday that she thought last month's approval of the Constitution had put an end to coup threats. She also said her family would not stand in the way of placing their estate under any future landAP - 252 words
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168 1987-03-04 3 AP HELPED BY brisk shipments of textiles snd electronic items, South Korea posted its 12th consecutive favourable monthly trade surplus, of US$llO million in February, the Trade and Industry Ministry said yesterday. The February figure fell from January's US$525 million surplus, but was farAP - 168 words
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230 1987-03-04 3 AP HONGKONG looks to Switzerland and other free-mar-ket trading partners to work for increased access to foreign msrkets, Financial Secretary Piers Jacobs said on Monday. "This will be advantageous to everyone because free trade brings about increased trade for all." he told aAP - 230 words
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437 1987-03-04 3 AP ACROSS A campus square from the last Mao Zedong statue in Dalian, Chinese snd American experts are training China's business elite in managerial skills needed for a modern nation which has rejected Mao's brand of socialism. The National Centre for IndustrialAP - 437 words
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Article487 1987-03-04 3 Unemployment level in January was the worst in history Reuter UNEMPLOYMENT IN JAPAN climbed to 3 per cent in January, its worst level in recent history, and the outlook for job hunters continues to be gloomy, the Japanese government and economists said yesterday. The joblessReuter - 487 words
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168 1987-03-04 3 AP THE DEVELOPMENT of China's tourist industry is being hindered by basic problems and it urgently needs reform, tourist experts said on Monday. "Tourism reform will be a basic task this year, and an outline for the reforms should be worked out as soonAP - 168 words
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390 1987-03-04 3 AFP INDIAN Prim* Minister Rajiv Gandhi broke a year's silence on Monday by denying that his government was increasingly sidelining India's first Sikh head of state on national issues. The denisl in Parliament came after a communist Member ofAFP - 390 words
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Page 3 Advertisements
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Advertisement137 1987-03-04 3 EXCELLENTLY SITUATED AT THE JUNCTION OF Richard Ellis Richard Ellis Kschard Ellis Richard Ellis Richard Ellis Richard 'Ellis Richard Ellis Richard Ellis KEPPEL RD ANSON RD, IBM TOWERS IS JUST Richard li is Richard Ellis Rsrhard El is Richard El is Richard El is Richard El is Richard Ellis Richard137 words
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Advertisement29 1987-03-04 3 ;'x7 V •Xs mx xvopctfov. 22r' J gW x- x. x'xX "•-'X &sp mm 250 Upper BiudtTimah Rom I k t» tj J i'Jr/. 1 j |»J I'lH l29 words
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Page 3 Miscellaneous
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Miscellaneous66 1987-03-04 3 Doonesbury OKAY, MB OP6N ON A couple of readm the Sunday paper IN THEiR DUPLEXo 55 rJm a Kit J* THEY LOOK UP AT THE SAME TIME AND EXCHANGE >:/ :nt'-f j'Jln. GLANCES. BY GARRY TRUDEAU AS HE 6EIS UP TO DIM THE UGHTS, SHE SAYS, "CMRLIN6, LETS BESURETO USE66 words
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Page 4 Advertisements
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Advertisement432 1987-03-04 4 Computers and Communications I I l l 1 .f[ 'ii. fiS Digital Key Telephone System rt*- T= Facsimile Transceiver DK-16-(S) DK-32-(S) TAC NO: 710-86 KB5 TAC NO: 711-86 KB6 DK-64 (S) TAC NO: 711-86 KB6 TAC NO: 712-86 KB7 Now, with NEC's new DK Series Digital Key Telephone Systems, there's432 words
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Article688 1987-03-04 5 ARRIVALS Operator Sorvic* Local From number tfeno GU GA960 1100 CGK SLA SQ105 1105 KUL Al AJ4I6 1105 DEL/KUL SiA SO 201 1145 CGK US UB231 1145 IGN THAI TG403 1155 BKK SIA SQ191 1155 PEN SAS SK971 1230 CPH/BKK MAS MH682 1230 KCH GU GA940 1235688 words
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REST OF THE WORLD
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373 1987-03-04 5 AFP EFFORTS to revitalise the French economy remained incomplete and required sustained wage restraint in order to curb inflation, said the Organisation for Economic Cooperation and Development (OECD). The OECO. in its annual report on the French economy, said policies pursued by theAFP - 373 words
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281 1987-03-04 5 UPI THERE HAS BEEN a surge of optimism about the state of Britain's economy, according to the latest bimonthly survey of 200 leading executives by the Institute of Directors (IOD). Following last week's message from Prime Minister Margaret Thatcher to the lOD's annual conventionUPI - 281 words
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433 1987-03-04 5 AP THE US GOVERNMENT has announced that it will back a proposed international accord to cut down the diversion of aid money, originally provided to help poor countries, to subsidise industry in richer countries. John Bohn. president of the US government s Export-ImportAP - 433 words
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228 1987-03-04 5 AP AMERICA'S corporations excluding banks and other financial institutions failed to improve their productivity in 1986 for the first time in six years. While overall business productivity rose 0.7 per cent for the year and manufacturing productivity increased 2.7 per cent, non-financial corporations wereAP - 228 words
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348 1987-03-04 5 AP PRICES PAID by consumers in the major industrial countries rose an average of only 2.3 per cent last year, the smallest increase of inflation in 25 years, says the International Monetary Fund. In West Germany, prices actually declined by 0.2 per centAP - 348 words
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295 1987-03-04 5 Reuter MOSCOW TELEVISION is to introduce breakfast and late night news and entertainment shows as part of a drive for more openness in the Soviet media, a senior state broadcasting official said on Monday. Leonid Kravchenko, deputy chief of the State Committee for TelevisionReuter - 295 words
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Page 5 Advertisements
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Advertisement367 1987-03-04 5 I yrpi 7" The business person's choice. 1 /I /\W every Tuesday, Saturday and I I I I Sunday. Leaving Changi Airport at f jLl_ 22:05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canada at *****55. Effective thru 30 April 1987. AIR CANADA 0367 words
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RAW MATERIALS
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Article143 1987-03-04 6 OIL PRODUCTS TRADING remained thin in the Far East spot products market. Fuel oil looks likely to turn upwards as sellers appear to hold back and buyers now apparently believing that prices have bottomed. Sentiment for gasoil was bearish but sentiment turned slightly positive in light of the morning price143 words
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Article101 1987-03-04 6 Chinese Produce Exchange Sellers' noon dosing prices on Mar 3 (S$/100 kg). Coconut oil Nutmeg 110 FOB NSW BWP FOB NSW Gambier FOB NSW 1438.00 1322.00 280.00 Bu* FOB Otd dram FOB New dram FOB Copra Mixed (loose) 80.00 90.00 94.00 42 tellers London Commodity Exchange Sellers' dosing101 words
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Article167 1987-03-04 6 MALAYSIAN crude palm oil prices weakened yesterday on short selling to close at the day's lows in sympathy with easier palm oil futures and after Pakistan rejected RBD palm oil offers at its tender for second half March shipment. A higher overnight Chicago soyoil futures close had supported167 words
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Article66 1987-03-04 6 Bangkok Broken Rice A-l Super 138 (US$/tanM. FOB) AO Sp*dol 135 White Rice C-1 Special C-1 Ord unq unq 100% 1st doss 255 100% 2nd doss 223 Loonzain Rice 100% 3rd doss 218 100% 1st grad* unq 5% 10% 15% 208 203 100% 2nd grad* 217 100% 3rd grod*66 words
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Article403 1987-03-04 6 SINGAPORE The market closed quiet yesterday with April 1 RSS buyers quoted at 183.75 cents/kilo, down 0.25 cent from Monday. Long liquidation and the absence of fresh factors caused prices to fall by about one cent in thin morning trading, dealers said. The market recovered slightly in the afternoon403 words
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Article21 1987-03-04 6 1 KL TIN Closing pric** on Mar 3 (ms Aa) Price 16.51 down 0.09 Turnover (tonnes 164 up 5521 words
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Article83 1987-03-04 6 (caMi/kg, 1 -ton polt«n) APR 87 MAY 87 (currant month) (forwar d month) NOON NOON RAS Bvyan Saltan Ivytn SSt 30 166.00 16B.00N 165.00 167.00N SSt 50 164 JO 166.50N 164.00 166.00N MRELB luyan t-M jiiwn ■wyari Satan SMt CV 252 50 354.50N 353-50 355JON SMK I83 words
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Article299 1987-03-04 6 RAS prices In S c*nts/kg, FOB In b«t« B NOON CLOSE Buyors Soll*rs 8uy*rs Sallarj lot 1 RSS Prompt 186.00 187.00N 186 JO 187 JON Int 1 RSS April 87 183.00 183 JO 183.75 184.25 Int 1 RSS May 182.00 182 JO 182 JO 183.00 Int 2299 words
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Article185 1987-03-04 6 WHEAT FUTURES in Chicago closed on or near the highs on Monday, up six to 1/2 US cent a bushel in light trade. March settled at USS2.B7-1/4, up 4-1/2 cents. Old crop advanced steadily on hopes that the Reagan administration personnel changes might make an offer of export bonus185 words
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Article164 1987-03-04 6 SOYBEAN FUTURES in Chicago backed off earlier highs to close with gains of 2-1/4 to five US cents per bushel in moderately light trade on Monday. March settled at US$4.B5-1/2 after posting a 4-1/4 cent range on the day. An announcement last Friday extending the time period on farm-owned164 words
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Article721 1987-03-04 6 COFFEE Robusta coffee futures ended Monday easier but above the day's lows, with the May position last traded at £1,496 a tonne. Short-covering during the afternoon helped the May position to recover from a low of £1,470, but values remained well below Friday's close of £1,558. Other positions721 words
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Page 6 Advertisements
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Advertisement168 1987-03-04 6 pg*",-.-.,..... No amount of advertising can do justice to this chair. ..>wuw. IMUI-1.M.M.1»W." 1" y rnrnmmmMKtKKKKtlmMto lIIUUHI'II'MUI'JLiyUJJLUW m No amount of sweet talk can quite describe the comfort of the all-rounded foam bucket seat, and the foam-moulded armrests. Or how you can sit on it for hours without getting" 3,168 words
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Advertisement69 1987-03-04 6 Yes, and the "catch" is from the oceans <St streams. There are salmons, squids, prawns, lobsters, clams, scallops, halibut... all fresh and expertly prepared by the chef for lunch and dinner. At the Baron's Table. The usual a la carte menu of German and international cuisine is also available. bamrgwm69 words
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ADVERTISING & MARKETING
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513 1987-03-04 7 DDB/NEEDHAM has ended weeks of speculation by announcing that it is not pulling out of Singapore and is seriously considering merging with a Singapore agency in a bid to reposition itself in the market. Managing director Niland Mortimer, who replaced Teresa Chan in January513 words
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Article, Illustration553 1987-03-04 7 Y P CHAN, managing director of Bozell, Jacobs, Kenyon Eckhardt (BJKE), will be stepping down from his post at the end of the month following a personal decision to "wind down". But Chan will remain in the industry and will be involved in several553 words
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COPY LINES
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117 1987-03-04 7 PUBLIC RELATIONS FIRM Burson-Marsteller's Singapore office has reported a 1986 income of $2.3 million, an 8 per cent increase over the previous year's figure. The company predicts a further 10 per cent growth for this year if current economic trends continue. Last year's growth areas included117 words
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Article157 1987-03-04 7 D'ARCY MASIUS BENTON BOWLES (DMB&B) has acquired a 24 per cent stake in Tokyu Agency International of Japan (TAI). Bill Dowler, DMB&B's managing director in Singapore, said yesterday that this was the largest equity share ever granted to a foreign company by a major Japanese advertising157 words
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Article, Illustration100 1987-03-04 7 THE McDONALD's account, "up for grabs" since the fast-food leader resigned its agency DDB/Needham in January, has short-listed three agencies for a final pitch later this month. The three agencies are Leo Burnett; Bozell, Jacobs, Kenyon Eckhardt; and Dai ley, Naidu and Chan International.100 words
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418 1987-03-04 7 MONICA GWEE - AA ties up with FCB under affiliation deal By MONICA GWEE CHICAGO-BASED Foote, Cone Belding (FCB) has severed its links with its Singapore partner, Quantum, and signed an exclusive international affiliation deal with Advertising Associates in a surprise agreement finalised last week. The418 words
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Page 7 Advertisements
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Advertisement201 1987-03-04 7 Canon EXTRAORDINARY r v m V fi-i ft The amazing NEW Canonfcx Now, for the very first time an 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. t th one201 words
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FEATURES
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Article494 1987-03-04 8 IN THE GLOOM and doom that followed the Pan-Electric Industries crisis late in 1985, no one could have foreseen that in little over a year, the securities industry would be back firmly on its feet. The Pan-El crisis, which resulted in a suspension of494 words
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Article, Illustration1931 1987-03-04 8 SAID ABDULLAH - Tuas, a fishing village turned industrial estate, is the latest and most ambitious project of the Jurong Town Corporation. Hundreds of hectares of land are being readied in anticipation of the next economic upturn. SAID ABDULLAH went to take a look and spoke to several1,931 words
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Page 8 Advertisements
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Advertisement113 1987-03-04 8 FROM Ist MARCH '87 Nitsuko TELEPHONE SYSTEM OWNERS CAN RELY ON SINGAPORE COMM MAINTENANCE SUPPORT SERVICE FOR AN EVEN BETTER AFTER-SALES SERVICE FROM THE AUTHORISED DISTRIBUTOR, SINGAPORE COMM Model NTK 1236 E(S) fW Telecoms Type Approval No. 106 80 KlB H»4 i < •1 II n n n n r.113 words
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Page 8 Miscellaneous
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Miscellaneous698 1987-03-04 8 CRYPTIC PUZZLE ACROSS 1 Christine has only ops. we hear (S) 6 To hop around in a picture (5) 9 Vssssl s csr hss reversed into? (7) 10 Where to have a belt instead of going to bed? (5) 11 Name a person uniquely! (5) 12 Source of many a698 words
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SPORTS
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311 1987-03-04 9 Reuter CHRIS DITTMAR of Australia took a big stride down his personal comeback trail when he upset world champion Ross Norman of New Zealand to win the European Open squash championship in Munich on Monday. Unseeded Dittmar, who recently returned to the game afterReuter - 311 words
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Article163 1987-03-04 9 UPI JOCKEY Don Macbeth, who rode Chief's Crown to victory in the Breeders' Cup Juvenile in 1984, died on Sunday after a year-long battle with cancer. He was 37. Macbeth was released on Sunday from Shands Hospital in Gainesville, and died later in the day,UPI - 163 words
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453 1987-03-04 9 AP AS HAS become his habit, second-seeded Stefan Edberg of Sweden created very little fanfare on his way to the quarter-finals of the International Players championships on Monday with a 7-5, 6-3, 6-4 victory over Kevin Curren. Edberg, playing the first matchAP - 453 words
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Article250 1987-03-04 9 Reuter STEFFI GRAF's rise to the number-two spot in the Women's International Tennis Association world rankings has sparked a row between her and Hana Mandlikova, who remained in fourth position. In the twice-monthly computer rankings by the WITA, Graf, of West Germany, moved ahead of ChrisReuter - 250 words
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Article421 1987-03-04 9 WALTON MORAIS - First hurdle to Dunhill Cup zone championships By WALTON MORAIS SINGAPORE has been relegated to playing a pre-qualifying competition for two places in the lucrative Dunhill Cup Pacific Zone qualifying golf competition in Kuala Lumpur next month. The Republic will have to play in an421 words
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Article, Illustration472 1987-03-04 9 UPI THE MILLION dollars pumped into the Doral Open golf tournament this year is good for the game, and even more money would be welcome, says Lanny Wadkins, the tournament's 26th winner. "Maybe golf is catching up with some of the otherUPI - 472 words
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333 1987-03-04 9 UPI THE American National Basketball Association playoffs may be more than six weeks away, but a recent surge by the Washington Bullets has at least one team member, all-star centre Moses Malone, thinking post-season. Entering Monday night's game against the Atlanta Hawks at the Omni,UPI - 333 words
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336 1987-03-04 9 AP MICHAEL SPINKS, stripped tf the International Boxing Federation world heavyweight title tart week, will go to court next Moo* day in an effort to clear the legal path for a fight with fellow 'I ican Gerry Cooney. J rAP - 336 words
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Page 9 Advertisements
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Advertisement140 1987-03-04 9 Singapore Soviet Shipping Co. Private Ltd. NOTICE *1 Singapore Soviet Shipping Co. Private Ltd. wish to notify all parties that they Have appointed HANDLING SYSTEM CO. SDN. BHD. 3rd Floor, Wisma Methodist {i Lorong Hang Jebat ***** Kuala Lumpur Malaysia Telex MA ***** HSKUL Tel *****75/6 AS THEIR SOLE AGENTS140 words
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Page 9 Miscellaneous
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Miscellaneous1147 1987-03-04 9 wsmmm SHAKA ZULU Epilogue: The Death of an Empire *10.15pm, Channel 5 r •*> i s?r> %4 A colourful, if nothing else, epic about an African warrior who wins the battle against Western explorers to unite the country's scattered tribes. Real life warrior Henry Cele (centre) stars as Zulu, without1,147 words
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INTERNATIONAL STOCKS
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314 1987-03-04 10 FT EXCO INTERNATIONAL, the UK foreign exchange and securities broker, has agreed to buy RMJ, one of the largest brokers in the US Treasury bond market. The deal will increase British dominance of the US Treasury bond broking business. Exco willFT - 314 words
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185 1987-03-04 10 Reuter UNION CARBIDE Corp is looking to acquisitions and joint ventures to aid its chemicals and plastics growth, according to HW Lichtenberger, president of chemicals and plastics. Describing this as a major departure in the company's approach to commercial development, he told the annualReuter - 185 words
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389 1987-03-04 10 Reuter WALL STREET stock prices closed slightly lower on Monday as concern about the economy and any further ramifications of the Iranian/Contra scandal prompted some investors to the sidelines. A handful of special situation stocks posted good gains but failed to provideReuter - 389 words
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Article151 1987-03-04 10 MAR «K Abttlbi C 37* fImp Oil CI A Inco Int Prov Pipa... 96* 20* 42* unch lu Intl 22 Karr Addison 20 Bank Nova Scotia Bank Of Montraal... Ball Canada 19* .3414 41% LoMaw Co McMil Bldl Motaon A 14* 64* 25* 30* +2 Bp Raaourcaa 37* unch151 words
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Article214 1987-03-04 10 8 I HAND •mutt Tongaal Trust Bk. Un Stoat Woottru 1030 166 75 1475 unch +5 +6 unch A Alpha 1529 -25 MM HQS Abarcom Aact 375 1675 25 Angloa 6660 -360 art=z 515B 5600 unch Artgvaal Btyvoor *****8 ***** unch -460 unch Biftowi C Q Smith 2006 3675214 words
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Article532 1987-03-04 10 MAM US t 36% Alcoa 41 Allag Intl 14% Ailtad Stg 46* Allied StorM Allia-Cftalmars Am Brands Inc 3* 49% 102H 94% 29% Am Expraaa Am Horn* Prod 76% 3% 2% 17% Amtrtdi H«u 27% 70% unch -1% 59% 8% 21 AH RtcMlatd 66% -1% ML 22% Avon532 words
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Article809 1987-03-04 10 Amsterdam MAR M FU ABM 488.00 •6 as oo -02 Ahotd 108.00 0J 131.80 -0.2 142.10 AMEV Amro Bank Am Slad 84 70 80 JO 128.80 •0.3 •0.3 ■0.8 17.80 -0.2 BOLS 144 90 1 BoraomlJ Buahrman Tattar Calva 143.00 oda 52.80 ***** 2 0.6 ElM»tif 244.80 2.5809 words
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Page 10 Advertisements
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Advertisement529 1987-03-04 10 Wtere t® wlae, dlw« aai ewtartata 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 tow kueh.529 words
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Advertisement139 1987-03-04 10 dishes, four seven to eighth nine or more pick ten dishes, adult $12 per (Minimum two Now till May 14 v Pick only youi favourites f for $18perpereon. From our extensive 118item Sichuan menu. Two to three persons may pick four to six persons-six dishes, persons-eight dishes, and i persons139 words
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ASIAN STOCKS
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Article450 1987-03-04 11 HONGKONG: Share prices closed sharply higher yesterday as a late round of buying pushed the Hang Seng Index above the key 2,900 level to another record high, brokers said. The index finished 44.79 points higher at a record 2,939.05, erasing a record set only on Monday. The Hong Kong450 words
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Article236 1987-03-04 11 MAN 03 All Sincera Indus NT 2.42 35 00 -0 06 30.10 -01 Kuochan Dev Lee Chang Yuen Chem Indus 30 30 32 60 -0.3 -0.1 Cathay Cons 46.00 -01 Lien Hwa Indus Nan Ya Plas 22 90 38 10 unch -01 -03 -0.2 -0.1 0.7 0.6 -0.3 -02236 words
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Article403 1987-03-04 11 TOKYO: «Prices hit new all-time highs on brisk selective buying on the Tokyo Stock Exchange yesterday. It was the third successive rise. The Nikkei average of 225 selected issues, which rose to a new high Monday, gained an additional 37.57 yen to close at a new high of 20,971.39.403 words
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Article80 1987-03-04 11 MAR 13 1 •csos Marsteel 0 002 unch Oriental B 0 028 unch Phil Overseas 0 048 unch uoch Philex B 0 41 unch 0 06 Picop B PLOT 287 50 2 5 Baguio Gold San Miguel B 122 unch 0 013 0 024 unch Benguet Con B ....9680 words
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Article356 1987-03-04 11 SYDNEY: Australian share markets yesterday retreated from record levels and closed lower as investors took profits in leading industrial and resource stocks and recent buying dried up, brokers said. The strongest sectors of yesterday's market were gold and media, led by News Corp. At the close of trading, the356 words
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Article111 1987-03-04 11 MAM 03 Kal 1380 -10 -►89 -8 -28 -20 100 •140 200 unch -30 Kangwon Ind Kia Motor ***** 1800 100 -25 Koton Ind 3850 -50 Daewoo Corp 971 Koraa Long Term Lucky Lid 2090 1502 31 2 Damhin Sacuritiaa 3830 ***** Oriental Bra wary Oriantal Cham 1650 *****111 words
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Article141 1987-03-04 11 Reuter BANGKOK: The Stock Exchange of Thailand Index added 0.91 point to 210.31 on a turnover of 626,063 shares worth 108.5 million baht. Reuter MAM M IAHT +h Saha Union 177 3 Siam Cement Ao Kham Thai Siam City Ayudhya Investment 256 2 Cement. 740 unch Bangkok Agro-lnd 72Reuter - 141 words
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Article83 1987-03-04 11 Reuter COMALCO LTD's return to profitability reflects reduced costs, improved primary aluminium prices and its withdrawal from a Japanese smelter venture. It said the earlier reported A 557.1 million profit for the year ended Dec 31, against a $69.13 million loss in 1985, was also aidedReuter - 83 words
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607 1987-03-04 11 Taking advantage of low interest rates Reuter FALLING INTEREST RATES in the past two years have helped reduce the debt of government-owned Mass Transit Railway Corp (MTRC). says finance director Roger Moss. He said yesterday that interest payments for calendar 1986 were HK$3OOReuter - 607 words
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99 1987-03-04 11 REUTER. the world news and financial information organisation, has launched a new information service covering Japanese securities markets and news. The Japan Investment Service (JIS) is available through the Reuter Monitor and offers a unique news service on Japan, as well as real-time99 words
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202 1987-03-04 11 Reuter A MAJOR SHAREHOLDER of Hongkong and Shanghai Hotels Ltd has agreed to sell a 25 per cent stake in the company to institutions in Hongkong for more than HK$l.3 billion, according to stock brokers in the British colony. TheyReuter - 202 words
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Page 11 Advertisements
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Advertisement516 1987-03-04 11 y? s*f- v I r K /nP Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and516 words
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Advertisement156 1987-03-04 11 $12.50 Children belo* 1 2 years old S9 OO-BUFFET-LUNCH COMBINING THE BEST OF EASTERN WESTERN DISHES Jointly piatantad by Calm-Court Piking ft Sichuan Raataurant ATha Coffaa Cardan 'V; it I* 19, Cairnhill Circle, Singapore 0922. Tel: *****22 Telex: RS ***** □Jnji r 1-g cm rt.TT Bigger Better BIG BONUS MENUS156 words
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BANKIONG AND FINANCE
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537 1987-03-04 12 NYT THE FALL in the US dollar, a decline that reached breakneck speed during the first six weeks of the year, is unlikely to resume for at least the next few weeks, according to economists and currency traders in New York. But the apparent stabilityNYT - 537 words
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178 1987-03-04 12 Reuter THE BANK OF JAPAN has decided to promote further interest rate liberalisation by lowering the minimum denomination of regulation-free large deposits and by raising the interest rate ceiling on money market certificates (MMCs), a central bank official said. The new guideline will go takeReuter - 178 words
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228 1987-03-04 12 AP BRITAIN'S Treasury chief on Monday advised Brazil to work out its crushing debt problem with creditor banks and suggested that it needed a "convincing economic programme," the Treasury said. Brazil's Finance Minister, Dilson Funaro, and Francisco Gros, headAP - 228 words
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218 1987-03-04 12 Reuter THE MAJOR US government bond brokers are likely to give in to pressure from regulators and investors within the next 18 months, making their direct-deal-ing screens available to many of those firms* that are not now eligible to receive them, saidReuter - 218 words
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Article838 1987-03-04 12 SINGAPORE: The US dollar closed slightly lower against major currencies yesterday after moving within a narrow range in thin trading. Dealers said that sentiment for the dollar remained bearish but most operators were reluctant to push it down sharply on fear of possible central bank intervention. The market838 words
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Article549 1987-03-04 12 JUNE Eurodollar opened unchanged from the previous cloee at 93.71. There was not much trading interest. Trading was confined to a narrow range of 93.70 to 93.72. Near-term resistance could be found at 93.75 with support at 93.67. The June contract finally ended at 93.71 in a dull session.549 words
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Article, Illustration73 1987-03-04 12 THE OVERNIGHT rate on the Singapore interbank market gained 34 point to close at 3% per cent yesterday. The term rates remained unchanged across the board at 3 7/16 per cent. prim* landing nNsaTeT 12 HW|or banks In Unpapof S$ Interbank rates at 7pm yesterday: OHm M Om73 words
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Article179 1987-03-04 12 Reuter THREE STATE-OWNED Turkish banks are to take over the private Turkiye Ogretmenler Bankasi (Tobank), which has been troubled by non-performing loans, the semi-official Anatolian Agency said. It quoted the general director of the state's T C Ziraat Bankasi, Kemal Akkaya, as telling journalists thatReuter - 179 words
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132 1987-03-04 12 Reuter THE SPANISH Cabinet has approved a decree cutting to one per cent from 13 per cent the proportion of total assets which banks must lend at favourable rates to industries "of public interest", government spokesman Javier Solana said. He did not say whenReuter - 132 words
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Article224 1987-03-04 12 Interbank rates at 3pm yesterday: M oa*r Local dollai n to on* unit of forolgn curroncyi US dofar 2.1390 2.1400 2.8196 -24.14 $Hrlw(| pour d 3.3453 3.3491 7X469 -54^47 AuttiuBan d< *or 1.4434 1.4466 X4286 -5749 NZ dollar 1.1989 1.2016 3.4286 -65.03 Canadian do Mar ***** 1.6060 3.4206224 words
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Article283 1987-03-04 12 HONGKONG: Gold closed steady in moderately active trading on renewed buying support mainly by local physical traders. The metal ended at U*****.70/U*****.10 an ounce against New York's U*****.30/80 close and the U*****.80/405.30 finish here on Monday. On the local market gold roee HK$B to close at HK53,757 a283 words
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Article207 1987-03-04 12 ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading as the market lacked fresh factors. Dealers said that most operators were sidelined awaiting Friday's February unemployment data. Short-dates were steady to slightly higher at the outset underpinned by firmer US federal funds207 words
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Page 12 Advertisements
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Advertisement296 1987-03-04 12 II H. r i m T: I m The U J~j —1 To help you sort out the news reports of the past year, to unravel the statistics and uncover the state of the economy, Singapore Buainesa has produced a Yearbook that takes a look at the past for an296 words
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Advertisement146 1987-03-04 12 NOTICE NAME "We, South East Ocean Shipping Pte Ltd of address 5611, North Bridge Road, #02-07, Eng Cheong Tower hereby give notice that In conseqnence of changing of ship name, we have applied to the Registrar of Singapore ships, under section 417 of the Merchant Shipping Act, Chapter 172, 1970146 words
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SHARE INFORMATION
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Article, Illustration4208 1987-03-04 13 THE SINGAPORE stock market underwent another mild correction yesterday. Dealers were split in their views on whether this was the start of a significant correction, or one of those pauses before another assault on the all-time high is attempted. While prices ended marginally lower4,208 words
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Article258 1987-03-04 13 SINGAPORE Rites Indlcss Mar 2 Mar 3 C C Ufa 2110 40 •TCiwpidM 93Sj00 931J00 ICS 9*9 20 ST MkaMr *****073 ******39 NtT 710 19 ST OS/OS 1*3 193 9* Mria M 230 12 ST CADI -*213 -42M Koao Soyona 134 12 STOSV 4*9*40 *****9 Ortm«l HMgi258 words
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Article4203 1987-03-04 13 810 and oflar prtcaa officially listed and buainaaa in and reported to tfw Stock Exchang* of Hingapora yaatarday with tho numbor of sharaa tradod shown in brackate in kite of 1.000 unite unless oxnerwtse specified. aii Tkna Satttemant Contract* ara quoted after tha word "SETT'.4,203 words
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Page 13 Advertisements
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Advertisement10 1987-03-04 13 KL market report, Business dons on ths KLSE, Pags 1410 words
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COMPANY NEWS
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Article, Illustration794 1987-03-04 14 Reuter AN UNEXPECTED improvement in Malaysia's economy has lured investors back to the previously depressed Kuala Lumpur Stock Exchange (KLSE) and surging share prices are expected to surpass previous highs of 1964 and 1901, investment analysts say. The real gross domestic productReuter - 794 words
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256 1987-03-04 14 Bernama STOCK BROKERS are placing too many conditions on their clients and this could dampen the current bullish sentiment on the Kuala Lumpur Stock Exchange. In a statement, the president of the Malaysian Investors Association (MIA), Mr P H S Lim, said the investingBernama - 256 words
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493 1987-03-04 14 MBT SELANQOR DREDGING Bhd (Seldredge) is to start work in April on the second phase of its US-based property development project where it has a 12.5 per cent interest. The project, known as "Washington Centre and McLachlen OfficeMBT - 493 words
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Article, Illustration654 1987-03-04 14 Reuter CHEUNG KONG (Holdings) Lid is expecting strong results this year after reporting better-than-expected profits in 1966, chairman Li Ka-shing said. He did not give a specific earnings projection but said the group will pay total dividends of not less than 19 centsReuter - 654 words
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Article104 1987-03-04 14 HONGKONG Hongkong Indox Tuesday *****9 Monday 1850.95 WmIc ago 1820.61 Hang Song Indox Tuesday 2939.05* Monday 2894.26 Weak ago 2848.19 All Industrials Tuesday 2582.4 Monday ****** Week ago 2544.1 NEW YORK Dow Jonos Monday *****7 Friday *****9 Week ago *****4 TOKYO Ntkkoi Avorago Tuesday *****.39* Monday *****82 Week104 words
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Article238 1987-03-04 14 Managers' print for Mar 4 Singapore Unit Trust Th* Co«—rc* 1.04 Th* Savings Fund 090 S'por* Prog fund 0.41 S'por* S*c Fund 0.69 S'por* Invwt Fund 0.77 S'por* Equity Fund 0.50 Asia Unit Trust Mol Invest Fund 136 Mai Prog Fund 0.34 1 Mai Security Fund 025 Mol238 words
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537 1987-03-04 14 SELLERS dominated trading on the Kuala Lumpur stock market yesterday and share prices eased across the board. A broker said the softer trend could be due to profit-taking by investors who bought heavily in the recent rally. Investors were cautious537 words
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Article2683 1987-03-04 14 BID and offer prices officially listed and barium in and reported to the Koala Lumpur Stock Exchange yesterday, with the number at shares traded dwn in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Aom <***** Afhaowlo AJcem 84S1 12 AS 11« 832,683 words
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Article146 1987-03-04 14 KUALA LUMPUR KEPOMG Berfiad: 14th AGM at Witma Taiko. 1, Jalan S P i Seenivasagam, ***** Ipoh, Perak, Malaysia, tomorrow at 12.30pm. I CHEMICAL COMPANY of MALAYSIA Berhad: EQM at the Kedah Room, Basement 2, Shangri-La Hotel, 11 Jalan Sultan Ismail. I ***** Kuala Lumpur, on Tuesday, Mar146 words
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TAKING STOCK...
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790 1987-03-04 15 HOCL LOCK SIEW THERE IS MUCH to be said about joining hands with successful concerns. The hope is always there that success may rub off on the new partner. Being in well-heeled company could also do wonders for one's public image. That and muchHOCL LOCK SIEW - 790 words
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404 1987-03-04 15 WHO HAS MOVED in to rescue financially stricken Perwira Habib Bank, the seventh largest bank in Malaysia? That was the question everybody in Kuala Lumpur was asking for a time. Malayan Banking Bhd was at first rumoured to have performed 'national service'404 words
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Article, Illustration564 1987-03-04 15 AMY CHEOK - Juncrown offering to buy 4.93 m shares in company at $1.70 each By AMY CHEOK SUNSHINE ALLIED Investments Ltd, the chocolate manufacturing and trading company which is now part of Malaysian businessman Lee Ming Tee's business empire, is considering the poesibility of a564 words
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332 1987-03-04 15 PERLIS PLANTATIONS has confirmed that it plans to diversify into palm oil refining, plywood processing and glue manufacturing. The company has advised the Kuala Lumpur Stock Exchange that the necessary licences for the projects have been granted and it is in the process of332 words
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Article164 1987-03-04 15 Bernama ES PLANTATION GROUP Batu Kftwan Bhd has contracted to buy threa Duff Bhd's estates together with all their properties for Ms 36 million cash. The properties on the estates include a sheet rubber factory, a SMR rubber factory as well as all plants, squipment,Bernama ES - 164 words
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Article793 1987-03-04 15 LONDON share prices showed modest declines yesterday morning, mainly on lack of demand after an early markdown following Monday's drift from record highs. At 11.00 am, the FT 30 Index was down 8.5 points to 1,586.0 while the FTSE 100 Index lost 11.2 points to 1,971.2. On Monday,793 words
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Article, Illustration632 1987-03-04 15 NAJEEB JARHOM - ■y NAJEEB JARHOM THE GLUT in office space and aggressive competition for tenants have taken their toll on the rent renewal rates of Singapore Land's three prestigious commercial properties Shell Tower, Clifford Centre and Shing Kwan House. The rates fell by an average632 words
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Page 15 Advertisements
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Advertisement240 1987-03-04 15 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) Notice of Annual General Meeting To: All Shareholders NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of the shareholders of the Company will be held in the Function Room of The Development Bank of Singapore Ltd, 45th Storey,240 words
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Advertisement25 1987-03-04 15 Exercise with a friend m k j A little support and companionship will make it more enjoyable. Training Health Education Depart! Minisln of Health. Singapore.25 words
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509 1987-03-04 16 LUCY NG - Bigger families employers likely to follow civil service By LUCY NG PRIVATE SECTOR EMPLOYERS are likely to use as a yardstick the measures the civil service is expected to introduce for its women workers to encourage them to have larger families. Mr Stephen Lee, vice-presi-dent of the Singapore National Employers509 words
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Article, Illustration464 1987-03-04 16 MARTIN SOONG - F N and Coca-Cola to discuss ideas for business cooperation By MARTIN SOONG OLD FRIENDS Fraser Neave and the Coca-Cola Company will be discussing new ideas today, including possible cooperation in marketing and manufacturing fruit juices. But last night was a time for nostalgia, as the two beverage behemoths toasted464 words
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Article115 1987-03-04 16 Reuter THE PHILIPPINES must devalue the peso if it wants its exports to remain competitive, Economic Planning Secretary Solita Monsod said. "The peso/dollar rate has to be undercut to make our exports more competitive," Mr Monsod said. "No question about it. I'm saying you cannotReuter - 115 words
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196 1987-03-04 16 AFP THE KIDNAPPING of a Japanese businessman in Manila last November has seriously hurt Japanese investment and tourism in the Philippines, President Corazon Aquino said yesterday. She tokJ reporters that the abduction of Noboyuki Wakaoji had "seriously affected" pledges of aidAFP - 196 words
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246 1987-03-04 16 Reuter GLOBAL share dealers say new British anti-fraud laws due to come into force about the end of the year will boost trading on the London foreign equity market from present estimated levels of US$l billion a day. The law's demand forReuter - 246 words
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184 1987-03-04 16 DANNY KAYE, whose performing career spanned television, Broadway, movies and the concert stage and who served as UNICEF's longtime "ambassador to the world's children," died early yesterday at the age of 74. Mr Kaye died of heart failure "brought on by complications184 words
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440 1987-03-04 16 AP UPI US SECRETARY-OF-STATE George Schultz yesterday told Chinese management trainees "cloeed societies will fall behind and wither," a warning that followed Beijing's two-month-old campaign against Western influences and capitalist trends. "Growth will best flow not from central planning but from theAP; UPI - 440 words
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Article73 1987-03-04 16 Reuter COMEX GOLD FUTURES drifted •lightly higher on support generated by yesterday morning's firmness in crude oil futures on the New York Mercantile Exchange. April delivered gold was up US$O.BO at U*****.40 an ounce, which fell short of Monday's high of U*****.40. Analysts said day traders were lightReuter - 73 words
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Article55 1987-03-04 16 Reuter WALL STREET stocks were lower in moderate trading early yesterday. A larger-than-expected one per cent decline in January leading economic indicators had little effect on the market, traders said. Profit-taking in American Express, after Monday's sharp rise, dragged the blue chip average. The Dow industrials fellReuter - 55 words
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LATE FILE
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Article42 1987-03-04 16 AP MALAYSIAN Foreign Minister Rais Yatim yesterday urged Vietnam to curb the outflow of boat people refugee* seeking asylum in neighbouring countries. He was speaking after talks with Thai Foreign Minister Siddhi Savetsila in Bangkok. APAP - 42 words
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Article58 1987-03-04 16 AFP VIETNAM yesterdsy denied Thai reports that about 100 of its soldiers had taken up positions on a hill inside Thai territory. Military sources in Bangkok said three Thai soldiers had been killed and another 30 injured since Thursday in violent clashes with sbout 100 VietnameseAFP - 58 words
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Article44 1987-03-04 16 AP A TAIWANESE delegation left for Washington yesterday to try to negotiate an increase in the country's textile exports to the US. A member of the team said he was not optimistic about the outcome of the talks. APAP - 44 words
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Article61 1987-03-04 16 AP PREBIDENT Suharto told Tanzanian President Ali Hassan mwinyi yantroiy met indonesia did not occupy or cofoniee East Timor, formerly controlled by Portugal, but haloed decoionise the lanito>wf|rw wwtviiiw WW IWII ry. 'Tanzania still doea not support the incorporation of East Timor into Indoneeia," preaidenttai spokesmanAP - 61 words
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Article48 1987-03-04 16 UPI SOUTH KOREAN riot police yesterday fired tear gas in Seoul at Buddhist monks antf broke up small groups of demonstrators armed leaflets and flags in a mas-, si ve show of force that aborted opposition plana for a major anti-government test. UPIUPI - 48 words
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Page 16 Advertisements
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Advertisement257 1987-03-04 16 MANAGEMENT DEVELOPMENT PROGRAMME March May '87 Na Course Title Date 1. DPI Creative Rational Derision-Making Workshop Mar 16-18 2. Diagnosing Managing Conflict at Work Mar 18-20 3. The Secretary In Management Today Mar 19-20 4. Preparing IVaining Material Mar 23-27 5. Understanding Personal Computer Applications Mar 26-27 6. Telephone Techniques257 words
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Advertisement206 1987-03-04 16 TVm silver report wu not THE BUDGET. WE CAN WORK IT OUT. 9th March 1987, 5-Bpm, Mandarin Court, Level 4, Mandarin Hotel, Singapore. We'll be reviewing the 1987 Budget proposals and recent developments in economic incentives, highlighting the impact and relevance to Singapore businesses. The programme will comprise a series206 words
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Page 16 Miscellaneous
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Miscellaneous7 1987-03-04 16 WW VVM>B NnHMMMM (mmwmMi Rainy days Ms7 words
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SHIPPING TIMES
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432 1987-03-04 17 JUNE LIM - By JUNE LIM THE HIGH level of service contracts has tempered the effect of the general rate increase which a number of trans-Pacific operators imposed on March 1. Industry sources say close to 50 per cent of the containers moved by432 words
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223 1987-03-04 17 AFP THE SOVIET UNION'S current effort to restructure its economic management will have a dramatic effect upon the nation's transportation industry, a top Soviet shipping industry official has said. Captain Vikor M Miskov, president of the Vladivostok-based shipping line, Far EasternAFP - 223 words
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237 1987-03-04 17 TONNAGE registered in the Isle of Man has built up enormously and shows no signs of abating. A Lloyd's List report says the number of ships of more than 500 gross tons has doubled in four months, mainly because of more tankers and bulk carriers237 words
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PORT SIDES
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Article109 1987-03-04 17 AFP A SEARCH has been mounted in the East China Sea for a South Korean fishing boat, with 33 people aboard, which has not been heard from for three days. Japanese Maritime Safety Agency officials said. Radio contact was lost on Saturday with the 109AFP - 109 words
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Article18 1987-03-04 17 CONFERENCE SECRETARIAT Henry Noon and Co has shifted to 02-07, Southpoint, Singapore 0208.18 words
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Article34 1987-03-04 17 KANSAI STEAMSHIP will leave the Japan Bangkok Container Club at the end of March. The Japanese carrier will however continue to provide a conventional liner service on the Japan/Bangkok route.34 words
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1006 1987-03-04 18 Shipbuilders secure orders for six cruisers Fairplay THE CRUISE industry is in for a good time if projections by industry leaders are anything to go by. Mr Jim Godsman, president of the Cruise Lines International Association (CLIA), projects the North American cruise marketFairplay - 1,006 words
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122 1987-03-04 18 AP TWENTY-TWO people drowned and 128 ships sank last year in the Huangpu river, which flows through Shanghai, a Chinese news report said on Monday. There were 574 shipping accidents on the river, including head-on crashes and sinkings, which caused damage worth 7.04AP - 122 words
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Article1004 1987-03-04 18 AB Shpg V 5 ABC Container VIII 2 Accord Shpg VI 3 Ahrenkiel liner X 1 Africa Ocean IX 4 Alltrons VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Atlas Lin* X 3 AMI 1 1/2 ArC line V 4 API1,004 words
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Article1624 1987-03-04 18 UNCONFIRMED reports are circulating the freight market of active chartering by companies acting on Soviet account to cover grain shipments to the USSR, mainly on a time-charter basis. ship brokers said. Numerous vessels are believed to have been fixed on time-charter for Argentine or US grain to the1,624 words
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Article177 1987-03-04 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line177 words
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185 1987-03-04 19 THE INTERNATIONAL Maritime Organisation is holding discussions in London on a new international treaty to combat unlawful acts against the safety of maritime navigation. An Ad Hoc Preparatory Committee, appointed by the IMO council, is considering a draft convention185 words
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380 1987-03-04 19 Lloyd's List INSURERS have started to settle claims expected to total more than US$26 million relating to the loss of the container ship, Hanjin Incheon, last month. The 1,150 TEU vessel, said to be the first purpose-built container ship to sink in openLloyd's List - 380 words
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Article708 1987-03-04 19 AFP THE PRESENCE of Soviet charterers seeking tonnage to lift grain and sugar gave a much-needed boost to sentiment on the freight market during the past week. There were rumours that about one dozen grain vessels had been booked from the US Gulf, northern Europe, the St LawrenceAFP - 708 words
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297 1987-03-04 19 AP THE CANADIAN government on Monday selected a Canadian builder for a giant icebreaker to help defend its disputed Arctic sovereignty. "Canada's effective control over waters of the Arctic archipelago will be greatly enhanced," Canadian Transport Minister John Crosbie said of theAP - 297 words
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Article1276 1987-03-04 24 AT CONVENTIONAL WHARVES SEMBAWANG Jennifer Jone S3 olongside 0503/0700 VmmI Berth Arrival Departure Hoppmess II World lion 51 52 06 03 1800 0603/1900 08 03 OAK) 0703/1700 KEPPEL WHARVES Komi oops Prog S3 0703/1900 1003/1800 CS Ocean Dryso K34 K09 alongside alongside 05 03/2300 0503/0600 SCHEDULED TO1,276 words
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4052 1987-03-04 24 MUM Yin He China Ocean Shpg Mar Ever Genius Evergreen Mar 11 Aael Maerak Maarak Lina Mar 12 Ever Oar dan Evergreen Mar IS Evar Guard Evargraan Mar 29 ABERDEEN Yin Ha China Ocaan Shpg. Mar f AIM) HH N Van4,052 words
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Page 17 Advertisements
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Advertisement743 1987-03-04 17 Mammoth Hunters Jean M. Auel v TTif CORONET BOOKS 4V Available at all Good Bookshops 21 3' fc. >.u ■> ;J IV n I 2 Jurong Port Road S«r»gapo'e ?26i Te< *****55 WMI/ NORTH AMERICA ATLANTIC EXPRESS (ROUND-THE-WORLD ROUTING) EXPORT JARDINE SHIPPING AGENCIES (Rag No. *****4/ OOK 200 Cantonment Rood743 words
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Advertisement67 1987-03-04 17 UMIIDB THE CRUISE industry is in for a good time if projections by industry leaders are anything to go by. Page II INSURERS have started to settle claims expected to total more than US$26 million relating to the loss of the container ship, Hanjin Incheon. Page 111 Index to advertisers67 words
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Advertisement1191 1987-03-04 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harie is A WOMAN OF SUBSTANCE Bui what is ihc price she has paid'.' Available at all good bookshops FAST TRANSIT SINGAPORE-DAR ES SALAAM 18 DAYS SINGAPORE-MOMBASA 20 DAYS (ALSO ACCEPTING LCL SHIPMENTS) Vessel Voy S'por* This week Lica M1,191 words
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Page 18 Advertisements
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Advertisement320 1987-03-04 18 COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT OUTBOUND TO NORTH CONTINENT VKLE DC NARS VILLE D€ VENUS m an w VI VlUi K JUPITER Loot* n (Aa nth-'c) JK) o' Aiso accepting tc all U K destitutions Scandioa320 words
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Advertisement307 1987-03-04 18 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 MALAYSIA MM. BHD. TLX: ***** MTM Fit Booking contact Miss Gan VSL SITA ELISC L£ CHANG LING SKIPPER N PT. at LDO. I jsuiden-Antwerp-Cardiff Fm Sur Ma-Ameto Dunkirklimeiien-AMwwi Further load/ discharging ports ffmppae Agait Goodrich Maritirr #n route tubjoct to qmlUclohi induconiofit m Pis307 words
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Page 19 Advertisements
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Advertisement809 1987-03-04 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok raocLfH, P&O Containers Limited CONTAMERSMP SERVICE TO UK/CONTfENT:} CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PRIDE UTANO HUU UMMT PEGASUS PRIDE BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 RAJ AM BROOKE STRAITS HOPE809 words
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Advertisement1155 1987-03-04 19 NOTICE Singapore Soviet Shipping Co Private Ltd wish to notify all parties that they have appointed: HANDLING SYSTEM CO SDN BHD (Port Kelaag Office): 3rd Floor Wisma Methodist No 6 Jalan Cungah Lorong Hang Jebat Port Kelang ***** Kuala Lumpur Selangor Malaysia Malaysia Telex :MA ***** HSKVL Tlx :MA *****1,155 words
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Page 20 Advertisements
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Advertisement341 1987-03-04 20 CONTAINERSHIP SERVICE TO UK CONTINENT COPENHAGEN. AARHUS. QOTHENBURG. HALM, HELSINKI, OSLO, AMSTERDAM CARIBBEAN S. AMERICA CONV.SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO HBG B'HAVEN AMS THURINGJA V 3 W 27/3 13/4 20/4 1/4 BENNY SKOU 19/3 23/3 25/3 17/4341 words
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Advertisement748 1987-03-04 20 JCSline u»ft W* ri»m FULLY CON T AINERISED SE RVICE Member ol the Ace Consortium F UROPt VIA SUEZ FROM IJROPE SUEZ »IA Member of the Ace Consortium KOREAN JACUIN 37E NEPTUNE CRYSTAL 3SE KOREAN CHANCE 30C CHINA CONTAINER X (12/3) 10/3 (19/3) 17/3 (2*3) 24/3 2/4) 31/3 M 111748 words
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Advertisement313 1987-03-04 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE 11/3 a/3 Sate RottjAntw/ UK (Newport) UK (Newport) SINGAPORE CALICO SHIPPING PTE LTD Tel: 282W TU: RS Bill CAUCO FAX: Q4871 PORT KELANC PERKAPALAN UTAMA SON BHD Tel: Hum KOTA KINABALU KESAWAN SHIPPING SON BHD Tel: ZUSN (I ha) Fu: ZIUB TG. HANI313 words
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Advertisement527 1987-03-04 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) w me un m in w *s vs w in m* a/s an 120 m *s 10 *5 M US ISIS U|s id sn in i* un m ALSO ACCEPTING CAMO TO 0 nwwon —AH. savanna* rocton Philadelphia. norfoul iaouonviue. WIUWNCTON. KMUDA.527 words
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Page 21 Advertisements
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Advertisement456 1987-03-04 21 vr PACIFIC INTERNATIONAL LINES W\ PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL MA HAWK SEA HAWK SEA HAWK SEA HAWK BANGKOK CONTAINER SERVICE SIN SSY SMO SIN SLW SLD SLD SLD SU> M PT PASIR GUDANG CONTAINER SERVICE VESSEL456 words
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Advertisement244 1987-03-04 21 |3J|. THONG SOON #09-00, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT CONTAINER FEEDER SINGAPORE TO BRUNEI iiii jfr SINGAPORE/BANGKOK With Reefer, and FCL Container Service Agents: Bangkok: Transport t Freight Forwarding International Co.244 words
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Advertisement310 1987-03-04 21 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT City *1 UiniM-fd 4/3 K—law by 7/3 Frankhirt Eww 13/3 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSMPMENT CARGO >/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE NEW ZEALAND TTTf HANJIN CONTAINER LINES, LTD. OUTBOUND TO USA/CANADA FULL CONTAINER SERVICE EAST310 words
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Advertisement567 1987-03-04 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKORA LLOYD EXPRESS SEMI CBNTAINERSNIP SERVICES ANTWERP BILBAO BREMEN ADAM/RDAM H BURG JZa Jff S r s: UJ 5. 5. jg 21/5 2/8 rr? ALSO ACCErriNC BOTH C6NTAIMERS, CONVENTIONAL CARGO VIA T/S TO UK567 words
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Advertisement322 1987-03-04 21 BOUSTEAD SHIPPING AGENCIES PAGAN VUOW HTONEYWA V222W SAGA INC PA-AN VIOWT (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 1/tMar 5/t Mar S/11 Mar 1/10 Mar 16/11 Mar FORTH BANK VISN TAMAITAI SAMOA VAN IVY BANK VliN SPORE ROAM HULL HM 15/3 7/4 15/4 12/4 13/3 9/4 13/4322 words
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Page 22 Advertisements
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Advertisement1297 1987-03-04 22 USA CANADA Li K LINE KAWASAKI KISEN KAISHA. LTD. ATUUHC COAST (Round Tlw World S*rvk») N. JADE W5/0. FAITH VI K. JACEJIN V37E/0. FRIENDSHIP VI 0. FORTUNE V 2 SPORE 4 Mar 28 Mar 4 Apr 20 Mar 11 Apr CHLS 7 Apr 14 Apr 21 Apr NFK 9 Apr1,297 words
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Advertisement744 1987-03-04 22 VI AUSTRALIA EXPRESS CONTAINER SERVICE AocapMnp FCUFCL Cowtolww FMdtr PKttonf ESTECLIPPER *12 14 M»r CALABAR V 33 31 Mar ESTECLIPPER U2l Mai liner Vtsul S port •KABIROAS" *33 20 Mat RAMOAS ViS 10 Apr "CHANOIDAS" *i 5 21 Apr ttett) Frtir Sydn Abo Accepts 4 Apr 13 Apr 11 Apr744 words
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Advertisement697 1987-03-04 22 Ten GOLDEN LINE S£> GUAN GUAM SUPPING (PTE) LTD 21. IcM kyf Street sbcapore oim m smjmi oi lscs> STRAITS/PERSIAN GULF SERVICE: Spore PKtl.ni Per»r* OOLOEN WONDER Cotombo/Karaehi/DiAei/Deinman Wllbr GOLDEN BEAR Colombo/Karachi/Dubai/Dota 2S/30 fcf NINC CHENG 4/4 LINGQUANHE 21/4 r Karachi Sharjah Dam* Ktm 9/3 12/3 14/3 IS/3 10/3 21/3697 words
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Advertisement436 1987-03-04 22 4^ INTRASEA (PTE) LTD 15 Hoe Chiang Ro»'.. »07 02/03 Sanford Building Singapore 0208 Tel *****11 110 Line*) Bulk Orient Line BREAKBULK SERVICE TO EUROPEyUK Sport P Kalanf Loadinf for:M V ADELINA 1702 SaiM 4/3 S£TE/ROT/ANT/UKO(ULL) M V AGIOS NIKOLAOS 1703 11/3 lt/3 NTS/ROT/ANT/UK(HULL) INTRASEA (PTE) LTD BOOK INC 224t5U436 words
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Page 23 Advertisements
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Advertisement942 1987-03-04 23 \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A TO EUROPE/UK (VIA SUEZ): P Ktiing Spore I Havre R Dim TW BRIDGE 36W In Port 5/3 23/3 24/3 SS BRIDGE OT. 9/3) 11/3 30/3 31/3 A CONCORD M. (16/3) 18/3 6/4 7/4 CR PARIS 9M (23/3) 25/3 13/4 14/4942 words
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Advertisement416 1987-03-04 23 OOMAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN. INCHON Vessel* Name No I Donam/7U2N No 7 Donam/7U2N No 1 Dofum/702N No i Donjm/TWN No I oonam/703N No 7 Donam 703N No 9 Donam/703N SPIWI »UNIS AGfNCKS Plf I 10 Ifl ,''B99// ?'BS4j4 (Bookings ??09?84416 words
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Advertisement821 1987-03-04 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 PCNANG M/S HANDLING SYSTEM CO SON. BHD. KSSftS HAI THONG SHIPPING 127 Pwm Street Pent*.821 words
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Page 24 Advertisements
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Advertisement413 1987-03-04 24 SINGAPORE SHIPPING CORPN.tPTE) LTD. TEL: 225-6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF RACHT/SEEREEDERE I ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE 'V ""'•i "•VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Lattakia, Limassol, Beirut, Alexandria, Port Said, Iraqi, Iranian and other Middle-East destinations.413 words
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Advertisement337 1987-03-04 24 SIHIIFII lIMIFIU 111 IRWRMW |V| VwNi 2 Shanton Way #04-23 ICS BMg Singapore 0106 Talax: R*****0 Tal: 222 4201 3 WEFKLY FULI CONTAINER SERVICE BETWEEN SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA RATU KONSORTIUM 073 103.87 12.3.87 RATU KONSORTIUM 074 17 3.87 19 387 RATU KONSORTIUM 075 24 387 26.3.87 bookings info337 words
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Advertisement237 1987-03-04 24 ;wux.' VESSEL ETA •WORLD SANPO BLT. C Sailed 20T HL available General Agents; Confer (SEA) thlpph 71, SouOi SrMga Ro TEL. No: *****07 (3 FAX No: *****00 LOADING FOR Vizag BrMgo Road, fOMO, S'poro 0106 fssi MENS HORNS SHIPPING PTE L TEL: *****11 (5 Linos) Tlx: RS ***** HWICO ACCEPTING237 words
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Page 24 Miscellaneous
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Miscellaneous162 1987-03-04 24 73 9 Regional Weather A I •J rz •iM 2A? e i 4 a; v LLi "c -A O W»*J drectKxi wrth tpeed in knot* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AM. THIS MORNING. LIGCND R Thunderstorm Temp«coture •<. A v Shower Weattwf w*x) deection with tpeed m knot*162 words
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Page 25 Advertisements
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Advertisement422 1987-03-04 25 anirriwu itraiiS, weanesuuy, mann 1; a *A A 1 International Freight Forwarders 7s r B I ILLI ACCEPTING FCL/LCL HONG KONG BANGKOK TOKYO HAMBURG/ROTTERDAM COPENHAGEN SYDNEY/MELBOURNE FREMANTLE FELIXSTOWE LOS ANGELES Booking: Telephone *****33 Miss Katherine Pang Miss Radiol Chia ETD SINGAPORE TRANSIT TIME jpßtfil Hamburg West Germany Tiger Line Common422 words
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Advertisement230 1987-03-04 25 Fulfil mc> OG£JW UIES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. STORE Etd. PKLG SHANTOU, GUANGZHOU w HUANGPU, XIAMEN WEEKLY HAIKOU, ZHANJIANG O All I iinO XINGANG, QMGDAO oAlLllibO SHANGHAI OTHER PORTS S32S3M UJt 22MS POftTftANt mrsmas/ WORLDWIDE SERVICES ACCEPTING CONVENTIONAL, CONSOLIDATION (LCL) AND FCL CARGOES WEEKLY FROM230 words
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Advertisement395 1987-03-04 25 SINGAPORE JAKARTA VESSEL VOY SINGAPORE JAKARTA eta etd eta etd PRASETIA 119-120 9/03 10/03 12/03 14/03 121-122 16/03 17/03 19/03 21/03 123-124 23/03 24/03 27/03 29/03 PRABHAKTI 40-41 06/03 07/03 09/03 11/03 42-43 13/03 14/03 16/03 11/03 44-45 20/03 21/03 23/03 25/03 General Agents Asia Permtis Line Pte Ltd 19395 words
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Advertisement256 1987-03-04 25 LI TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P.KELANC PENANC BELAWAN KAOHSIUNC C.SELATAN VI V-B SaiM V 3 7/3 CHANC YUNG V 5/3 12/3 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE256 words
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Advertisement190 1987-03-04 25 Page DC Hai Sun Hup Co (Pte) Ltd L l Tfl ??01<40f> 120 I trips Tl *HS \MS .•(>» I \M I K\ \K I I\l K lID STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS Loadinf at appropriated Berth P4-PS NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. IAMAN A CHINESE190 words
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Page 26 Advertisements
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Advertisement402 1987-03-04 26 L CROSS WATER ACCEPTING FCL LCL HONGKONG KEELUNG/TOKYO/YOKOHAMA BANGKOK AUSTRALIA FREMANTLE USA/CANADA UNITED KINGDOM/EUROPE NEW ZEALAND PORT KELANG MANILA ETA SINGAPORE Battery Road *09-08 09 10 Straits Trading Building Singapore 0104 Tel *****55 I 10 Lines) Telex RS ?87?6 CROFRT TELEFAX NO *****05 f tJ I J 4 LAR TRANS-SIBERIAN402 words
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Advertisement594 1987-03-04 26 HEAP SENG TRADING ft SNIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO PNC VI MAR PKLANG W7 MAR MAR 11/12 MAR II MAR 11/1* MAR 23 MAR VISSt ANSOI ANSOI ANSOI ANSOI ANSOI ANSOI VOY NO594 words
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Advertisement485 1987-03-04 26 C.Y. LINE (A Member Of Tho ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) Trnn\UNan* Rdam r stove Hkurf Ira* Antwerp SEVEN SEAS BRIOCE VSM 110 3a/3 31/3 1/4 4/4 5/4 7*4 A CONCORD VW 11/3 M 1* 1/4 11/4 12/4 14/4 CR PARIS485 words
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Advertisement726 1987-03-04 26 Everett Lines! COMPANIA PERUANA DE VAPOREES (C.P V "PERUVIAN STATE LINE" Loading for Cattoo. Mataram. Ik) and all other Peruvian ports with transhipment i Kobe On CPV Through Bills of Lading to final destination Ptnanf* f. Kelang Singapore MURRATEVERETT 21/23 Mar THOMASEVERETT S/S Apr HUGH EVERETT 17/19 Apr EVERETT ORIENT726 words
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Advertisement184 1987-03-04 26 N. ST LUCIA. bbun.Ejst fi SZ3JiIJLai^!MSB 7 rMTJ'7i ii'l. l HI 'Jlll-, if is* ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE ANC ALSO FCL TO GUAM. ZIM BUT CONTAINER LINE m TRIESTE INSA ZM AUSTRALIA irrrrnM GOLD STAR LINE GOLD MOUNTAIN D.E.S./Ourban/Maputo. COLD HILLA AbMi COLD HILLA Ab*dian/Ap«| P. Har/Douala/T«na/Monrovia OSAKA184 words
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