The Business Times, 10 March 1987

Microfilm: NL15755
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, MARCH 10, 1987 75 CENTS
    12 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    208 1 Exchange rates THE Singapore dollar finished weaker at 2.1440/50 (2.1325/35) against the US currency in the Singapore foreign exchange market yesterday. It also closed lower against the Malaysian ringgit at 84.79/86 (84.74/81). Similarly. it fell against sterling and the yen. But it ended the day with gains
    208 words
  • Article, Illustration
    Sealion, UIC clinch deal for Tung Centre Sealion, UIC clinch deal for Tung Centre
    526 1  -  Announcement of $95m purchase expected this afternoon By LEE HAN SHIH, Property Correspondent A JOINT VENTURE between Sealion Hotels and United Industrial Corporation is expected to enter into a firm agreement today to buy the Tung
    526 words
  • Article, Illustration
    Shares edge higher despite profit-taking
    230 1 THE SINGAPORE stock market closed higher yesterday in spite of heavy delivery of scrip and profit-taking in an overbought market. The widely-watched Straits Times Industrial Index rose 4.43 points to 1077.21 points, an all-time high while the BT Com- posite Index gained a marginal 0.64
    230 words
  • Article
    Lock icon Bangkok eases visa rules
    52 1 Bernama THE THAI government has decided to relax conditions for issuing visas and work permits and immigration regulations for foreign investors. Board of Investment secretary-general Chira Panupong said that several Japanese firms had questioned the way Thailand issued visas and work permits and about Thailand's tax
    Bernama  -  52 words
  • Article
    Hongkong company files $1.5m suit against Everbloom
    398 1  -  By ANNA TEO EVERBLOOM BIOTECHNOLOGY has been sued by a Hongkong company seeking damages of about $1.5 million for alleged breaches of agreement. The Singapore company, the pioneer of the Shiitake mushroom cultivation technology, last night told BT it was in the process
    398 words
  • Article
    Employers now more in favour of annual wage negotiations
    442 1  -  m By CHUANG PECK MING EMPLOYERS ARE now more inclined to hold wage negotiations annually instead of every two or three years, a study by the Singapore National Federation of Employers (SNEF) shows. About half of the collective agreements used to
    442 words
  • Article
    Lock icon Bank of England cuts dealing rates
    88 1 Reuter THE CUT in the Bank of England's band two dealing rates yesterday by half a point clears the way for the major clearing banks to lower their base rates by half a percentage point from the current 11 per cent, money market sources
    Reuter  -  88 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      118 1 Mikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "ITS A COMPUTER SCREEN. iKTii A T lu L»:: ITS WORRY FREE UNTIL THE END OF 1990!" "IT'S A SONY!" ■N YE KX-14CP1 Computer graphics. Video Movies or TV have never looked finer! Sony's Super Tnnitron colour monitor displays bolder hues and sharper contrasts.
      118 words
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      Page 1 Advertisements Column 2
      426 1 UtC group to •üb-undorwrMo part of Parry Corps I— uo», Pago 15 lit* i Conventions and incent vc travel 3 special BT supplement m Business and pleasure in exotic Thailand THAILAND, "the most exotic destination in Asia", is no longer just a place for holiday-makers seeking culture, fun and sun.
      426 words
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      Page 1 Advertisements Column 3
      121 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Because of Atsuko's determination, no other airline can offer you this: viA i fe <<>> S«>S S P>il 0 THE JAL PLEDGE As highly trained and dedicated professionals we will confidently i do our utmost J to make any flight M with us as
      121 words
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  • HOME NEWS
    • Article
      Sharp rise in NCB spending leads to $9.8m deficit
      444 2  -  By JEFFREY TSANG THE NATIONAL Computer Board finished its 1985/86 financial year with an income of $1.1 million, almost two times as much as the year before. However, in its recently-re-leased annual report, it revealed that its expenditure in that year
      444 words
    • Article
      Finally — an alumni for UK graduates
      186 2 Finally an alumni for UK graduates THE BRITISH have finally caught up with the rest of the world. There is now an alumni association in Singapore for graduates of all universities and other tertiary institutions in Britain. The British Alumni (Singapore) was formally launched last Friday night when more than
      186 words
    • Article
      Local companies under scrutiny in regional course
      474 2  -  By ANNA TEO THE PROBLEMS and concerns of eight Singapore companies are being used as case study materials for an Asean management programme for smalland medium-sized enterprises (SMEs) launched in Singapore yesterday. The Manila-based Asian Institute of Management and the National Productivity Board
      474 words
    • Article
      MEMO-PAD
      575 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Mar 20 Artificial Institute of Institute of *****04 Intelligence/Expert Systems Science, Systems Science, Systems 'New NUS NUS Opportunities for IT Applications Mar 20-30 QCC Advanced leoder National National *****66 Productivity Productivity Board Board Mar 21 Job-Hunter's Workshop Boulevard Hotel Communifkil and
      575 words
    • Article, Illustration
      Transport industry may face rough ride ahead
      509 3 SINGAPORE'S success in transport has been remarkable but the future may not be so smooth-riding owing to protectionism and competition. Mr Mike Gray, chairman of the Chartered Institute of Transport (Singapore section), said this yesterday at the Philip Henman Overseas Transport Lecture in
      509 words
    • Article
      MP to raise question on integrity of foreign pressmen
      303 3 THE PROFESSIONAL INTEGRITY of the foreign press corps in Singapore will be questioned when Parliament next sits. Mr Yeo Choo Kok (MP for Delta) will ask Communications and Information Minister Dr Yeo Ning Hong about the quality and professionalism of foreign
      303 words
    • Article
      Government hospital and clinic fees to be increased in April
      340 3 FEES for X-ray, prescription, professional services, laboratory and other specialised tests in government hospitals and clinics will be raised on April 1. Class A, 81, B2 and C patients who now pay a daily professional or prescription fee of $25.
      340 words
    • Article
      Exports of petroleum products fell last month
      399 3  -  By LUCY NG EXPORTS of petroleum products fell by 2 per cent in February, slowing down Singapore's growth in domestic exports that month. Total domestic exports categorised by oil and non-oil products grew only 6.4 per cent in real terms. This compares unfavourably
      399 words
    • Article
      Orchard Road supermarket combines hawker-style food with shopping
      562 3 A NEW TWIST to the supermarket concept has arrived in Singapore with the opening of West End supermarket which also operates a hawker-style cafeteria, thus providing hawker-style food and shopping at reasonable prices. Other than the famous Odeon Beef Noodles stall, all
      562 words
    • Article
      Training course on building and construction
      180 3 A TWO-WEEK regional training course in building, construction and project management was opened last night by adjunct professor George Fong, chairman of the Singapore Polytechnic. The course is the fourth in a series of five annual courses. It is a joint project of the
      180 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      102 2 ELECTRONIC TYPEWRITERS EM-SERIES TO LOOK FOR IN TDDAVS TYPEWRITERS V s/-, Vt u > VTP <*. ■M !>4 L Vif > 4% f* r^y7> WR& 1 VALUE FOR M Advanced features at remarkable prices rom $1000 &l <il I Ik" At iv i If by chance, you can't find electronic
      102 words
    • Advertisement
      Page 2 Advertisements Column 2
      75 2 M. M> M. .-V Come to Manners' Comer Restaurant to taste the traditional Hainanese Western Style Claypot dishes r CD Claypot Oxtail. X Claypot Chicken. Claypot Seafood. Claypot Mutton Every dish comes complete with US potatoes, vegetables. California fruit cocktail pie plus j complimentary glass of California AA wine. S:\iz
      75 words
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Aquino starts Senate election campaign
      441 4 Dismissal of Joker Arroyo denied AP PHILIPPINE President Corazon Aquino swore in four new Cabinet members yesterday and prepared to launch a campaign to elect* her 24 handpicked candidates to the Senate in the May 11 balloting. Mrs Aquino also denied a report published yesterday
      AP  -  441 words
    • Article, Illustration
      Lock icon Armed forces chief says Indonesia is stable ahead of elections
      324 4 Reuter ARMED FORCES Commander General Benny Murdani has said warnings about extremist threats to coming elections in Indonesia do not mean the security situation has deteriorated. He was quoted in yesterday's edition of the armed forces newspaper Harian Ab as
      Reuter  -  324 words
    • Article
      Lock icon Nearly three million Vietnamese moved to new zones
      152 4 AP THE VIETNAMESE government has resettled nearly three million people in "new economic zones" since 1976 to boost agricultural production, redistribute the population and create jobs. The official Vietnam News Agency reported yesterday that in the past five years, about 1.2 million
      AP  -  152 words
    • Article
      Lock icon North Korea seeks to attract more foreign tourists
      194 4 Reuter NORTH KOREA is opening its doors wider to foreign tourists. The official North Korean Central News Agency (KCNA) quoted a leading official of Pyongyang's Tourist Agency as saying it was making preparations to receive far more foreign tourists than last year.
      Reuter  -  194 words
    • Article
      Lock icon Aussies asked to put up with high rates
      301 4 Reuter PRIME MINISTER Bob Hawke has warned Australians that they must put up with high interest rates for some time to help the sagging economy. !n a speech in Sydney on Sunday night marking the fourth anniversary of his Labour Party government,
      Reuter  -  301 words
    • Article
      Lock icon Pollution still a serious problem in Japan
      389 4 Reuter JAPAN STILL SUFFERS appalling pollution despite government claims to the contrary, and a* Japanese firms move overseas they are exporting filth as well as goods to the world, pollution activists say. "The authorities and the companies say the pollution problem is solved,"
      Reuter  -  389 words
    • Article
      Lock icon The pet hates and likes off Australian secretaries
      215 4 UPI SECRETARIES complain bosses are inconsiderate, poor communicators, aloof and liable to blame others for their mistakes. In a study conducted by the SACS Consulting Group, an executive recruitment group in Australia, 100 secretaries from Melbourne and Sydney companies were asked about
      UPI  -  215 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      899 4 ARRIVALS Operator S*rvtoa From number Mm* UA UA805 0100 SFO/HKG CAL a 341 0155 TPS CAL Q337 0215 TPE FT FT75 0316 UH/ORD/ANC/ NRT/MNL/TPE SV SV398 0710 JED/RUH MAS MH681 0820 KUL MAS MH811 0910 PEN MAS MH671 0920 KUL su SQ103 0950 KUL AC AC858 0950
      899 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      118 4 mm 0/i I N. 4 X' V sr* l.v ti a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. It departs every Wednesday and Saturday morning at 935 So you arrive in Seoul in the afternoon. And once you 're in there, who knows what treasures, and
      118 words
    • Advertisement
      Page 4 Advertisements Column 2
      65 4 I f I I m I The business person's choice, every I I 11 I I II 11 I Tuesday. Saturday and Sunday. I 1 II I mK ml Leaving Changi Airport at 22:05 IV. yi- ■SV J A- hours and arriving Heathrow at 06:45 hours the following morning. Call
      65 words
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  • REST OF THE WORLD
    • Article
      Lock icon Slower growth expected for OECD economies
      476 5 Reuter THE 24 NATIONS of the Organisation for Economic Cooperation and Development (OECD), hampered by sluggish industrial output and trade, face slower economic growth and their joint balance of payments will swing into deficit in 1987, according to the Economist Intelligence Unit (EIU). The
      Reuter  -  476 words
    • Article, Illustration
      Lock icon Sakharov publishes criticism of Star Wars in Time
      461 5 AP suviti uissiutN I Anarei sakharov, in speeches at a Krem-lin-sponsored forum, has criticised the US Star Wars programme and called for further liberalisation of Soviet society, according to versions of his speeches published in a US magazine. Dr Sakharov wrote in
      AP  -  461 words
    • Article
      Lock icon More tourists expected to visit Europe this year
      259 5 Reuter TOURISM in Western Europe, badly hit last year by a wave of bomb attacks, the Chernobyl nuclear disaster and the sharp fall of the dollar, should pick up this year, the Organisation for Economic Cooperation and Development (OECD) said in a
      Reuter  -  259 words
    • Article
      Lock icon Argentine navy likes proposal
      78 5 Reuter THE ARGENTINE navy favours a proposal to move the nation's capital from Buenos Aires to the southern region of Patagonia because this would bring it closer to the disputed Falkland islands, according to a news agency last Saturday. "A capital near the South Atlantic would
      Reuter  -  78 words
    • Article
      Lock icon US and Japan seen as heading for trade war
      767 5 NYT THE US and Japan are headed for their most serious trade confrontation of the post-war period, American government officials and many private analysts believe. Frustrations have stiffened attitudes on both sides of the Pacific, making compromises less likely on a
      NYT  -  767 words
    • Article
      Lock icon Siberian irrigation scheme could still go ahead
      238 5 Reuter A COLOSSAL PROJECT to divert water from rivers in Siberia to the arid plains of central Asia could still go ahead, according to a senior Soviet scientist, in spite of a decision last August by the ruling Politburo to scrap the scheme.
      Reuter  -  238 words
    • Article
      Lock icon Vatican to set guidelines on procreation
      116 5 AP THE VATICAN will set down moral standards on human procreation next week, and an Italian news agency reported last Friday that the document condemns surrogate parenthood and testtube births. The document is entitled "Instruction on respect for human life in its origins and
      AP  -  116 words
    • Article
      Lock icon Americans will send troops abroad in case off Soviet attacks, says poll
      379 5 AFP A MAJORITY of Americans are prepared to send troops to Europe and Japan if there is Soviet aggression against those regions, according to a poll released in Chicago on Sunday by the Chicago Council on Foreign Relations.
      AFP  -  379 words
    • Article
      Lock icon Number of jobless in EC hits 17 million
      113 5 UPI THE NUMBER of unemployed keeps rising in the European Community (EC) and has exceeded 17 million for the first time. A report by the EC's statistical office released during the weekend showed that at the end of January, the number of
      UPI  -  113 words
    • Article
      Lock icon They all want to be enterpreneurs
      489 5 UPI THERE ARE 660.000 new businesses started in the US every year, from janitor services to pizza parlour franchises to a California man who reportedly earns a penny an ant as a professional ant hunter. Americans traditionally have liked the idea of being their
      UPI  -  489 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      48 5 r? r* m X .Jaegek-leCqijltr^ Kef 101 IL'O.l 1 Moon phases" gents' model by Jaeger-Ix l Coultre Automatic movement with complete calendar. Available in SINGAPORE: Sincere Watch Pte Ltd Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C.I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd
      48 words
    • Advertisement
      Page 5 Advertisements Column 2
      114 5 THE CRICKETER SPORTING SPECIAL I he (rickcter I niilish Pub is now offerini: a spoiling luncheon special of w hole Roasted Sirloin ol Beet' on ihe Wagon, with Salad, Count r\ Bread. heese Board, and I resh I-mils tor onh s!4 from 12 noon to 2 pm. I he Cricketer
      114 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      50 5 Doonesbury m 9 a x\ ID i m V V A GOT THAT, BRAD? U&FB IN M 0N... HOUtTT... WHAT, BP? rrs offr then, soli sen, FVR.6OVS SAKE! I fit tm Wm V Iter? H BY GARRY TRUDEAU s a m i m >^Wr. m ill f/f K -V': Is
      50 words
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  • BANKING AND FINANCE
    • Article
      Local Asian dollar market passes US$200 billion mark
      383 6  -  By SOH TIANG KENG, Financial Correspondent THE SINGAPORE-BASED Asian dollar market, launched in 1968, has crossed the US$2OO billion mark, according to latest figures from the Monetary Authority of Singapore. The US$2OO billion mark was achieved earlier than what some bankers had
      383 words
    • Article
      Lock icon Euroyen bond issues increase but yen fails to become world currency
      566 6 Reuter THE EASING of rules governing overseas use of the yen has caused an explosion of Euroyen bond activity but has failed to turn the yen into a truly international currency, bond managers and traders say. Although yen bonds
      Reuter  -  566 words
    • Article
      Forex markets
      1002 6 SINGAPORE: The US dollar closed firmer against major currencies yesterday but was below the morning s high, after a day of thin trading. Dealers said the dollar firmed at the opening on some buying interest aided by news of a larger-than-expected 337,000 increase in US non-farm payroll jobs
      1,002 words
    • Article
      Lock icon World Bank to accept ECU in tender bids
      153 6 Reuter THE WORLD BANK has decided not to object to the ECU being used in tender bids for projects and in payments connected with its lending operations even though it does not recognise the unit a$ a currency. In a written reply
      Reuter  -  153 words
    • Article
      Lock icon Expansion of American money supply slowing down rapidly, say economists
      416 6 Reuter US MONEY SUPPLY growth is slowing down rapidly, and some economists believe that all three of the Federal Reserve's main monetary aggregates may even have contracted in February. A contraction is unlikely to be a major concern for the
      Reuter  -  416 words
    • Article
      Foreign Exchange
      206 6 Interbank rates at 3pm yesterday: Md Mar erees peri* Local dollars to < ane unit of foreign currency: US dollar 2.1440 2.1450 2.8196 -23.96 Sterling pound 3.3950 3.3987 7.3469 -5179 Australian doHor 1.4547 1.4564 3.4286 -57.57 HZ dollar 1.2092 1.2119 3.4286 -64.73 Canadian dollar 1.6047 1.6067 3.4206 -53.09
      206 words
    • Article
      Precious metals
      306 6 HONGKONG: Gold closed slightly easier yesterday mainly on local physical selling as the US dollar remained firm. The metal ended at U*****.50/ U*****.00 an ounce against the U*****.10/60 close here last Saturday and the U*****.80/U*****.30 finish in New York last Friday. On the local market gold slipped HK$3
      306 words
    • Article
      Asian dollar market
      307 6 ASIAN DOLLAR deposit rates yesterday closed steady at slightly higher opening levels in quiet afternoon trading. Term rates firmed 1/16 point across the board at the outset after news of a larger-than-expected 337,000 rise in US non-farm payroll jobs for February. Thereafter rates were little changed and
      307 words
    • Article
      Money markets
      58 6 THE OVERNIGHT rate on the Singapore interbank market shed one point yesterday to close at 1!4 per cent. Term rates were unchanged across the board. S$ Interbank rates at 7pm yesterday: Offer lid On>nigta 1 1/4 1 1-monrti 3 3/1 3 1/4 2-month 3 3/8 3 1/4 3-manrti
      58 words
    • Article, Illustration
      World interest rates
      194 6 Indicate* the average o1 tfta prima landing rales of 12 major banks In Singapore A Interbank market rates (offer/bid) on Mar 9 us$ DM SWFC Yon 7 do ft 6 1/1-6 11 3/4 1/2 4 J 7/t 1 1/2 1/4 4 1/4 1/0 1 6 7/14 5/16
      194 words
    • Article
      Simex
      594 6 JUNE Eurodollar gapped sharply lower at 93.58 during the opening of Simex as the market tone turned bearish after the unexpected increase in US non-farm payroll last Friday. However, prices traded sideways between 93.59 and 93.57 with short covering seen supporting the upticks. The Liffe session remained quiet with
      594 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      142 6 Celebrating the Filipino Buffet. There's variety in flavours. Mildly spicy. Or fresh and tangy. Even a blend of sweet and savoury in the same bite. Definitely different. And deliciousty so. The flavours of the Philippines prevail at the Cafe in the Park during dinner from March 6th to the 21
      142 words
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  • WORLD BACKGROUND
    • Article, Illustration
      Lock icon Did Reagan's management style let him down?
      987 7 NYT WAS THE IRAN arms affair an "aberration" in the history of the Reagan Administration? Former US Senator John Tower of Texas, head of the special panel that studied the affair, used that word to describe the sale of arms to Iran and
      NYT  -  987 words
    • Article
      Lock icon Foreign firms in Brazil worried about debt move
      758 7 Fears over country's credibility AP MULTINATIONAL COMPANIES fear that Brazil's decision to suspend interest payments on its foreign debt could provoke a drop in industrial output and growth, making an economic recession in Latin America s largest country almost inevitable. Leaders of
      AP  -  758 words
    • Article, Illustration
      Lock icon Government showing another side of India to woo tourists
      534 7 AP TO FOREIGN TRAVELLERS. India has always meant the exotic mystics on the banks of the Ganges, temples to strange gods, the Taj Mahal gleaming white under the moon. Now its government is trying to sell a new India, full of
      AP  -  534 words
    • Article
      Lock icon When the American dream goes bust
      540 7 AFP GLORIA FELT RICH. A recent secretarial school graduate, she found a good job and an apartment in Washington. Armed with her credit cards, she hit the stores and quickly learned to take for granted the miracles of credit. A year later, her yearly
      AFP  -  540 words
    • Article
      Lock icon British bourgeois buy Scottish estates for sport
      768 7 Reuter BRITAIN'S new generation of rich financial high-flyers are turning to the Victorian vogue of buying up large, expensive Scottish estates for country sport. Property agents say London stockbrokers, bankers and businessmen, with cash to spare after last October's "Big Bang'' financial markets'
      Reuter  -  768 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      28 7 OFFICE SPACE We can find you top quality office space in the prime Raffles Place location and at a wide range of rentals to match your budget 'ti.CMiLi
      28 words
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      Page 7 Advertisements Column 2
      108 7 DISCOVER THE FRENCH WAY OF EATING COURVOISIER COGNAC COURVOISIER I I -J La Cuisine Au Cburvoisier March 9-22 \*l the fYenctaoiKi <fe wftfc <|§fhen its inMUfcbiiml lOOQ IrOm WmWmOt TOffQa taHnnot: La Cuisine AuCourvotsier. A superb six course cinner hlghliyhtlifcg the suDdety or cognac m cooking. A gourmet experience that
      108 words
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  • FEATURES
    • Article
      Two sides to job-hopping
      589 8 JOB MOBILITY is inevitable, indeed healthy, in a labour market of more than a million workers. Inevitable because job mobility reflects the dynamism of the labour market and, to a large extent, the buoyancy of the economy. And it is healthy because workers get a chance
      589 words
    • Article, Illustration
      Contractors face another tough year
      1481 8  -  Steps taken to ensure building industry will not see dusk The Economic Committee predicted last year that the gloom in the construction industry in Singapore was likely to last five years. Faced with this continuing scenario, how are contracting firms to survive? LISA LEE explores
      1,481 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      127 8 This announcement appears as a matter of record only ©MONIER LIMITED U.S. $100,000,000 Note Issuance Facility Arranged by CITICORP ea INVESTMENT BANK Laad Manager Citicorp Investment Bank (Singapore) Limited Managers Banque Nationale de Paris Commonwealth Bank of Australia Daiwa Overseas Finance Limited First Interstate Asia Limited Mitsubishi Trust Finance (Asia)
      127 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      686 8 CRYPTIC PUZZLE ACROSS 3 Opening batsman for Norfolk? (5) 8 Pontoon bridge components (5) 10 It could be a handy pointer (5) 11 Does it deny the soundness of a knot? (3) 12 Light on something silky (5) 13 Just what you'd expect (7) 15 Payments for scolds? (5) 18
      686 words
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  • SPORTS
    • Article
      Doubt over world tennis in S'pore
      636 9  -  By WALTON MORAIS THE FUTURE of world championship tennis in Singapore lies in the hands of the business community. If corporate support for the second Singapore Women's Open world championship tournament next month doesn't meet expectations, the event's promoters may be forced to pull
      636 words
    • Article
      Lock icon Malaysia's chance of an All England title rests with Razif
      468 9 AFP MALAYSIA'S one genuine chance of a title at this week's All England Badminton Championships rests with the persuasive powers of a former Wembley winner and the pull of a new-born baby. Razif Sidek is in danger of missing the
      AFP  -  468 words
    • Article, Illustration
      Lock icon Mecir overwhelms top seed Lendl
      571 9 AFP MILOSLAV MECIR succeeded where all but two players have failed in the past year when he beat top seed and world number one Ivan Lendl 7-5, 6-2, 7-5 in the final of the Lipton International Players Championships in Key Biscayne, Florida, on Sunday. Lendl,
      AFP  -  571 words
    • Article
      Lock icon Calcavecchia wins Honda Classic
      410 9 UPI MARK CALCAVECCHIA, who caddied at the Honda Classic last year, won the US$6OO,OOO golf tournament in Coral Springs. Florida, on Sunday by shooting a 2-under-par 70, outlasting Bernhard Langer and Payne Stewart. Calcavecchia sewed up the second win of his seven-year pro career, and his
      UPI  -  410 words
    • Article, Illustration
      Lock icon Heavyweight champion faces too great a task
      529 9 UPI SAVING the heavyweight division from mediocrity is too great a task even for Mike Tyson. As good as he is, Tyson can be dragged down by reluctant foes and the politics of the sport. He added the World Boxing Association title to
      UPI  -  529 words
    • Article
      Lock icon Kostadinova improves her world high jump record
      331 9 Reuter STEFKA KOSTADINOVA and Greg Foster experienced the peaks and troughs of top-level competition at the World Indoor Athletics championships in Indianapolis on Sunday. Kostadinova, unbeaten in three years and in more than SO contests, improved her own indoor world record to 2
      Reuter  -  331 words
  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1168 9 9> TUESDAY PREMIERE Inheritance 10.30pm, Channel 5 Gregory Harrison (left) plays a hard-driving district attorney who is wooed by a huge but scandal-racked corporation to serve as its president. Before he can decide, the industrialist who supported him for the post is murdered, and he is on the list of
      1,168 words
    • Miscellaneous
      Page 9 Miscellaneous Column 2
      72 9 Play gol£ the Sevvy way ffWSM YOUR &ACRSW/HG. c WMOVA te coa*€CT: 1 j! \y£*Y FEW NAN&/CAR RLAVERS AV/AV THE/R BACRSW/»SGS. W MAA/y CASES THEY S7ART AOMW W/7V 7W hahos, before comflet/hg A FULL TURfi/ OF 7W SHOULOERS, V//THOUT A COMRLETB SHOULDER 7TjRt/ THE CLUBHEAO VY/LL COME tt/TO the HrrrtHG
      72 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Drexel seeks to prove professional integrity
      555 10 Firm investigated for possible violation of securities law NYT DREXEL BURNHAM LAMBERT Inc has helped to turn many of its clients into powerful corporate kingpins. Now Drexel is calling in its favours 238 of them, to be exact. Last Friday, Drexel, under scrutiny for
      NYT  -  555 words
    • Article
      Lock icon Japanese rating agencies in keen fight with US giants
      447 10 Reuter THREE JAPANESE credit rating agencies are entering into fierce competition with Moody's Japan K K and Standard and Poor's Asia Inc. the local branches of the two US giants, as the Japanese credit market opens up to foreigners, according to
      Reuter  -  447 words
    • Article, Illustration
      Lock icon Daimler Benz criticised for making poor quality Mercedes
      562 10 FT DAIMLER BENZ is West Germany's biggest and richest company. It claims to build the best cars in the world. Driving a Mercedes Benz used to be. and probably for most people still is, a dream. Lately though, the friends of the
      FT  -  562 words
    • Article
      Lock icon Belgian ferry disaster puts pressure on P&O
      214 10 Reuter SHARES IN Peninsular and Oriental Steam Navigation Co PLC have come under selling pressure on the London stock market in the wake of the weekend ferry disaster off the Belgian coast, dealers said. The shares were last quoted at 619 pence, down
      Reuter  -  214 words
    • Article
      Lock icon Babcock agrees to sell 20pc stake
      92 10 Reuter BABCOCK INTERNATIONAL PLC has agreed to terms to sell its 20 per cent holding in Babcock-Hi-tachi Ltd to Hitachi Ltd for about £35 million. The holding comprises 1.2 million shares which are being sold at 7,100 yen per share. The shares will be
      Reuter  -  92 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      134 10 s *gp3F %>7 CSS! M n P T 9fi ir.2 MS V#* The Szechuan Experience with the Meisan Difference Sawiur the finest Siechuan cuisine; aromatic, spicy gourmet creations in .in exciting Mend of flavours. And discover .hejy of true enjoyment. IfiClwlPl At the Meisan SZECMUAN kstaurakt m UK: IVRTIMII. lnu,Tutm«*>
      134 words
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      Page 10 Advertisements Column 2
      140 10 It's the NEU FACES... Fresh from their European tour. The NEU FACES Veteran and versatile musicians Rock n Roll, Top 40, New Wave excellently performed tor grand entertainment Nightly except Sundays At the Alcove Lounge where the beer is cheapest among hotel lounges cove M 9 it 4 tt EgSSI
      140 words
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      Page 10 Advertisements Column 3
      111 10 All YOU WANT W > w? W UA •<* or- t 5^ w**v VV J $6 80 per person M Lunch: II am to 2.30 pm dail Sundays Public Holidays: 8 am to 2.30 pm SMC^om 181, Kitchener Road. Singapore 0820. Tel. *****22 SUPER-VALUE SEMINAR PACKAGE For SS2O nett per
      111 words
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      Page 10 Advertisements Column 4
      113 10 Hennessy X-O PROMOTION v^fentafte/ Buy a bottle of Hennessy x.o. (70cl) at only $195 Nett (Usual $320) and get an exclusive ballpoint pen and hot snacks FREE! Lucky Draw on 31 March with Attractive Prizes! Swlmwear Fashion Shows Every Tuesday 3,10.17, 24 &31 March -at 8.15 pm. FURAMA SINGAPORE HOTEL
      113 words
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      Page 10 Advertisements Column 5
      130 10 We earnestly suggest you take afternoon refuge in our $4.50, one price menu of 24 local and western favourites. All at hawker prices in air-conditioned comfort from 3pm to r-— 6 pm daily. The minute you Mf feel the rumbles, head for shelter here. I (All prices subject to 10%
      130 words
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  • ASIAN STOCKS
    • Article
      Hongkong
      439 11 HONGKONG: Share prices closed stronger yesterday in active trading on renewed buying interest but late selling trimmed the gains. The Hang Seng Index rose 21.74 to end the day at 2,820.38 after rising some 35 points initially. The Hong Kong Index gained 13.23 to 1,805.94. Turnover was HKSI.I billion
      439 words
    • Article
      Taipei
      271 11 MAR M NT Kuochan Oav 32 50 2 9 Lea Chang Yuan All Sincere Indus 261 0 15 Cham Indus 32 70 0 2 Asia Cement 35 90 04 Lian Hwa Indus 22 30 -1 Cathay Cora 44 50 0 1 Nan Ya Plas 37 60 0 2 Chang
      271 words
    • Article
      Tokyo
      431 11 TOKYO: The market average edged higher yesterday in lacklustre trade as an abundance of funds and optimism following last week's rally boosted buying. The average closed up 43.30 at 21,166.40, but had risen as high as a record 21,311.81 in early trade. The average gained 17.25 in Saturday's half-day
      431 words
    • Article
      Manila
      84 11 MAN 09 pesos Marste«l 0002 0 026 -0 002 Aco|« Mining oooe -0 007 0045 -*-0 002 Anglo Phil Philax B 0 39 -0 01 005 -0 0025 Ptcop B A tin Con B 18 •0 25 PLOT 267 SO -7 5 Baguio Gold Basic P«tro4«um 0013 0001 San
      84 words
    • Article
      Sydney
      404 11 SYDNEY: Australian share markets closed easier yesterday as profit takers emerged in the wake of a series of record performances last week. At the close of trading, the All Ordinaries Index was 5.7 points lower at 1,640.9, the All Industrials marker was off 12.9 at 2,603.2 and the All
      404 words
    • Article
      Seoul
      112 11 MAM 88 WOM ni 1380 -36 Chad Sugar 2800 -30 ***** -500 -20 •110 Daelim irtd 531 ■9 Koton Ind 'WJ 3880 Daewoo Haavy Daiahin Sacuritiaa Dong Ah Phar 1280 4200 ***** -80 100 950 Koraa Long Tarm Lucky Ltd Ofiantal Brawary 2123 1520 1560 •7 -36 -38 Dong
      112 words
    • Article
      Lock icon Bangkok
      141 11 Reuter BANGKOK: The Stock Exchange of Thailand Index rose 1.64 to 214.99 on a turnover of 345.5 million baht. MAN M BAHT Ao Kham Thai 164 unch Poat Publishing Saha Union 170 .173 5 •1 Ayudhya Investment Bangkok Agro-tnd Bangkok Bank Bank CM Ayudhya Charoong Thai Wira A Cable
      Reuter  -  141 words
    • Article
      Lock icon San Miguel against buyover
      88 11 NYT SAN MIGUEL Corp, the giant beer and food distributor in the Philippines, is opposed to any acquisition attempt by New York investment bank Allen Co Inc. Ramon del Rosario Jr, an executive vice-president of San Miguel, said yesterday that Allen's proposal involved a tender offer
      NYT  -  88 words
    • Article
      Lock icon UK urges free competition in Japan's telecom industry
      463 11 Reuter BRITAIN is concerned over Japanese moves that could bar Cable and Wireless PLC from playing a major role in Japan s international telecommunications business, according to a British official. "It has seemed to the British government that successive obstacles have been
      Reuter  -  463 words
    • Article
      Lock icon Greater foreign participation in Japanese bonds being considered
      285 11 Reuter JAPANESE SECURITIES houses are thinking of allowing foreign brokerages to underwrite more Japanese government bonds from April. According to securities managers, the average foreign brokerage now underwrites only around 0.07 per cent of each such issue's volume. The proposal is a
      Reuter  -  285 words
    • Article
      Lock icon Siam Cement group posts lower profit
      150 11 FT THE SIAM CEMENT group. Thailand's largest industrial conglomerate, recorded net profits of 785 million baht for 1986. down from 939 million baht in 1985. Revenue was 11.1 billion baht. down from 12.5 billion baht, and total 1986 dividend was 40 baht compared with
      FT  -  150 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      536 11 astf entertain 4S& Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado, Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is just being there. I
      536 words
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      Page 11 Advertisements Column 2
      102 11 kTrrTWTTTjTZ Peking A Sichuan Restaurant HOKKIEN-PORRIDGE UEVW* DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time: 7pm 3am W. rV rv 4 >• -M-10% service cherge A 3% government tax not Included A V!/ J For all you can
      102 words
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  • RAW MATERIALS
    • Article, Illustration
      Lock icon Sugar producers in Asia to check output
      629 12 Combination of factors dampening mood Reuter THE 10-MONTH HIGH for world sugar prices and forecasts of further rises are not luring the major Asia-Pacific producers into boosting output. Although the price rally has brought about a mood of cautious optimism among major producers,
      Reuter  -  629 words
    • Article
      Lock icon IEA lowers oil consumption growth estimate
      572 12 Reuter THE INTERNATIONAL Energy Agency (lEA) has said that according to preliminary indications, oil consumption in the 24 industrialised nations comprising the OECD (Organisation for Economic Cooperation and Development) could grow by only one per cent in 1987. This compares with the 2.5 per
      Reuter  -  572 words
    • Article
      Lock icon Japan to focus on oil sources in Pacific area
      294 12 Reuter JAPAN PLANS to emphasise petroleum development in the Pacific area and increase the size of its oil stockpile to help prevent volatile oil prices from creating acute economic problems, a senior energy official at the Ministry of International Trade and
      Reuter  -  294 words
    • Article
      PALM OIL
      205 12 MALAYSIAN crude palm oil prices firmed yesterday to close at the day's highs on covering and speculative buying interest, supported by the surge in palm oil futures and a higher Chicago soyoil futures close last Friday, dealers said. Palm oil purchases by India and Pakistan last week also
      205 words
    • Article
      OIL & PRODUCTS
      101 12 OIL PRODUCTS EAST ASIAN spot product prices were firmer across the barrel on continued confidence in the ability of the Organisation of Petroleum Exporting Countries to restrict production. Several products, most notably kerosene, saw sharp rises in "talked" prices in Singapore but little confirmed business. Closing prices for crude (FOB
      101 words
    • Article
      RICE
      66 12 Bangkok Broken Rice (USS/tonrw, FOS) A-1 Super A-1 Special 143 140 White Rice C-1 Special unq 100% 1*» don 255 C-1 Ord unq 100% 2nd dots 225 Loonzain Rice 100% 3rd dots 220 100% Iff grod* unq 5% 100% 2nd grod* 219 210 100% 3rd grod* unq 10% 205
      66 words
    • Article
      KL Tin loses two cents
      115 12 THE PRICE OF TIN on the Kuala Lumpur tin market yastarday eased two cents to M 516.99 per kilo on a technical correction to last Friday's sharp rise, dealers said. The market opened unchanged from last week's level but buyers were not keen at this
      115 words
    • Article
      RUBBER
      308 12 SINGAPORE The market closed higher yesterday with April 1 RSS buyers quoted at 187.75 cents/kilo, up 1.75 cents from last Friday. The morning session gained 1.50 cents in quiet trading on some speculative buying after higher overseas advices with sentiment also boosted by market talk that the Soviet Union
      308 words
    • Article
      Produce exchange
      137 12 Chinese Produce Exchange S*ll*rt' noon doting prices on Mor 9 (SI/100 kg). Coconut oil Bulk FOB 88.00 Old drum FOB 98.00 New drum FOB 102.00 Copra Mixed (loot*) 50 tellert Pepper MM** WNti FOt NIW 1245.00 Sarawak WMt KH toq NIW 1230 00 Sorawak ipaciol bloc* KM NIW
      137 words
    • Article
      Lock icon Malaysia backs changes to strengthen rubber accord
      233 12 AFP MALAYSIA favoured continuing with a second International Natural Rubber Agreement (Inra) and would accept modifications that would strengthen the accord. Primary Industry Minister Lim Keng Yaik said during the weekend. In a statement, he said that the successful conclusion of a second
      AFP  -  233 words
    • Article
      Lock icon Bearish outlook for world cocoa prices
      487 12 Bernama ES WITH WORLD COCOA surplus expected to be between 60,000 and 70,000 tonnes in the current 1986/87 season, the outlook for cocoa prices is overwhelmingly bearish. According to the Federal Agricultural Marketing Authority's (Fama) December 1986 issue of Malaysian Cocoa Outlook, the domestic
      Bernama ES  -  487 words
    • Article
      Lock icon Marked upturn in Soviet oil production last year
      415 12 UPI SOVIET OIL PRODUCTION made a remarkable recovery in 1986, paralleled by a rebound in crude and product sales to the West from 67.5 million metric tonnes (1.36 million barrels) daily in 1985 to an estimated 77 tonnes (1.55 million barrels). Figures
      UPI  -  415 words
    • Article
      RAS and MRELB
      261 12 RAS prices in s cmm* fourm NOON CLOSE Buyers Buyers Stiff) kit 1 RSS Prompt 189.50 190.50N 190.00 191.00N lot 1 RSS April 87 187.50 188.00 187.75 188.25 Int 1 RSS May 185.75 186.25 186.00 186.50 Int 2 RSS OP 178.00 180.00N 178.00 180.00N Int 3 RSS
      261 words
    • Article
      SSR and SMR
      78 12 (canta/kg, 1-ton poll**) APR 87 MAY 87 (current month) (forward month) NOON NOON RAS hiy«n S*H*ri SSR 20 165.00 166.00N 163.50 164 JON SS« 50 164.00 165.00N 163.00 164 JON MRELB twy«n S*U*n 8uy*n S*M*n SM« cv 247.00 249.00N 248.00 250.00N SM» L 246.50 748.50N 247.50 249.50N
      78 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      58 12 This announcement appears as a matter of record only, February 1987. COMMONWEALTH DEVELOPMENT AUTHORITY U5515,000,000 Medium Term Loan for a Housing Project by Mariana Islands Housing Authority Contracted to OCK Construction Limited Guaranteed by (Eommonuiealtii of tlje Northern fflartana ilslanbs Provided by Kyodo Leasing (H.K.) Limited Bank of America NT&SA
      58 words
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      Page 12 Advertisements Column 2
      484 12 NOTICES THE COMPANIES ACT, CAP. 195 TRADE CREDIT TRANSPORTATION PRIVATE LIMITED I J 09 tO VOLUNTARY J Ul 0 »v>5»J 4 STATUTORY DECLARATION *'J I'MvliOl M y 291(1) OF THE COMPANIES ACT, CAP. 185 We. Brand* Khoo Slew Eng. Derrick Khoo Meng Ha* and Alan Tan Aik Lee, the Director*
      484 words
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  • SHARE INFORMATION
    • Article, Illustration
      Focus on second liners as prices close mixed
      4329 13 THE Singapore stock market closed mixed after alternating bouts of buying and selling throughout the day. The Straits Times Industrial Index rose 4.43 points to 1,077.21, an all-time high. The BT Composite Index rose 0.64 point to 946.98. Gainers led losers 94
      4,329 words
    • Article
      Business done on the SES
      4444 13 810 and offer prices officially listed end business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown, in brackets in tots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT"
      4,444 words
    • Article
      Chief price changes
      261 13 SINGAPORE Rises lr idtcss Mardi 6 Mardi 9 Sport land tn 86 33 8T Compodn 946.34 946.98 M tanking 695 30 IT Indicator *****780 *****230 TOM 140 37 8T OS/OS 141 190 Doyapi Ind 85 31 8TCAOI -6096 -6074 Prima 565 30 8T oev ♦*****6 *****1 Trammorco
      261 words
  • Page 13 Advertisements
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Emtex Corp fails to clear up several vexing issues
      866 14 Chairman says he does not know whether Mepro is largest shareholder MBT EMTEX CORP's belated statement of accounts for the year ended June 30, 1986, has failed to address several outstanding issues. Among them are questions relating to the company's controlling
      MBT  -  866 words
    • Article
      Lock icon Takeover of two ailing banks timely, say bankers
      422 14 Bernama ES BANK NEGARA's takeover of two ailing commercial banks announced over the weekend is positive and timely to stabilise and safeguard Malaysia's banking and financial industry, according to bankers. The central bank injected a total of M 5335.5 million in the
      Bernama ES  -  422 words
    • Article
      KL market turns from softer trend in the morning to close mixed
      517 14 THE KUALA LUMPUR stock market finished mixed to slightly firmer on renewed buying interest despite a softer trend in the morning. Buying activity was concentrated on second and third liners. A broker said the big boys appeared to
      517 words
    • Article
      RESULTS DUE
      486 14 LAST FULL YEAR Company Period Dot* announced Year Net EPS (cent») Gross dtv Net profit ($-000) Fed Cables Interim Jun 87 6,1751 (i) S J Aural Interim Dec 19 Mar 86 73 527 Malayowata Interim Dec II Mar 87 30.4931 K L Industries Final Jon 29 Oct 86
      486 words
    • Article
      Selected indices
      118 14 HONGKONG Hongkong Index Monday *****4 Friday *****1 Week ogo 1850 95 Hang Seng Index Monday 2820 38 Friday 2796 64 Week ogo 2894 26 All Industrials Monday ***** Friday 2616.1* Week ogo ***** NEW YORK Dow Jones Friday *****3* Thursday 2276 43 Week ogo *****9 TOKYO Nikkei Average
      118 words
    • Article
      Unit trusts
      252 14 Managers' prices MARA-Bumiputra for March 10 First B'putra 612 617 Second B'putra 548 553 Singapore Unit Trust Third B'putra Fourth B'putra 429 4 91 434 496 The Commerce 1 OS 1 13 Fifth B'putra 326 3 31 The Savings Fund 090 097' Sixth B'putra 334 339 S pore
      252 words
    • Article, Illustration
      Lock icon Dragonair battling with Cathay for business and recognition
      666 14 NYT DRAGONAIR. a 22-month-old airline that owns one plane and leases another, has a burning ambition it wants to become a major international carrier. Standing in its way is Cathay Pacific Airways, which has everything Dragonair does not: passengers, profits and prospects.
      NYT  -  666 words
    • Article
      Business done on the KLSE
      2982 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Acmo HSOBI AJinomoro ***** 3285) 111 326 Alcorn 1918
      2,982 words
    • Article
      COMPANY MEETINGS
      189 14 CHEMICAL COMPANY ol MALAYSIA Berhad: EGM at the Kedah Room. Basement 2, Shangri-La Hotel. 11 Jalan Sultan Ismail, ***** Kuala Lumpur, on Tuesday, March 17, at 9.30am to be followed by the 25th AGM. THE NEW STRAITS TIMES PRESS (Malaysia) Berhad: EGM in the Theatrette. Balai Berita. 31
      189 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Tiger Balm soothes all but corporate aches and pains
      744 15 mm® mm™ By HOCK LOCK SIEW THESE DAYS, Jack Chia must be resorting to Tiger Balm to provide some relief to his problems. The famous and all-familiar ointment, which has been used since our grandmothers' days for all kinds of ailments
      By HOCK LOCK SIEW  -  744 words
    • Article
      UIC group to sub-underwrite part of Parry Corp's issues
      679 15  -  By AMY CHEOK UNITED INDUSTRIAL Corporation Ltd, which is expected to release its 1966 results in two weeks, has indirectly committed nearly As3o million to three Australian listed companies associated with Australian businessman Kevin Parry. Through a fully-owned subsidiary in the
      679 words
    • Article
      JC-MPH outlines loss-reduction plan
      514 15  -  By AMY BALAN JACK CHIA-MPH has provided some financial details of a so-called "loss reduction scheme'' under which its chairman and substantial shareholder Mr Jack Chia will absorb, through his family company, about 70 per cent of the loss the result of the pull-out from the
      514 words
    • Article, Illustration
      MUI and AMDB seeking listing for finance units
      901 15  -  More Malaysian financial institutions turning to KLSE By NAJEEB JARHOM FINANCIAL INSTITUTIONS are set to be the pace-setters in public listings on the Kuala Lumpur Stock Exchange this year. Southern Bank, Hock Hua Bank and Visia Finance have made known their intentions
      901 words
    • Article
      Wormald Pacific to focus on Asian-Pacific region
      360 15 SUNSHINE PACIFIC Ltd is to change its name to Wormald Pacific Ltd and will become the main vehicle for expansion in the Asian-Pacific region and China. The renamed company will be the focus for investment and development opportunities for both Wormald and Sunshine.
      360 words
    • Article
      COMPANY BRIEFS
      166 15 DBS BANK has asked the Stock Exchange of Singapore to suspend the trading of its shares and unconvertible unsecured loan stock today, pending the announcement of its year-end results. TALAM CORPORATION Bhd's subsidiary, Talam Properties Sdn Bhd, has proposed to buy a threestorey link shophouse in the commercial
      166 words
    • Article
      Lock icon Royal Dutch/Shell net income down 16pc
      119 15 Bernama ES THE ROYAL Dutch/Shell group's net income last year went down by 16.23 per cent to £2.54 billion from £3.03 billion the previous year. The group said in a statement yesterday that one of the key factors influencing last year's results was lower
      Bernama ES  -  119 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      86 15 OVERSEAS UNION BANK LIMITED (iKCWpor—d m lha RapuMic of Singapore) USSMMNNUMQ CAPPED NEGOTIABLE FLOATING RATE CERTIFICATES OF DEPOSIT DUE 1990 Holders of Certificates of Deposit of the above issue are hereby notified that for next interest period from March 10, 1987 to June 10, 1987 the following information is relevant:
      86 words
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      Page 15 Advertisements Column 2
      209 15 m NOTICE OF OPTIONAL REDEMPTION SABAH DEVELOPMENT BANK BERHAD U5540,000,000 FLOATING RATE NOTES DUE 1989 Notice is hereby given pursuant to condition s(c) of the above mentioned Floating Rate Notes created by a Trust Deed dated 11th May, 1982 between Sabah Development Bank and the Law Debenture Corporation p.l.c. as
      209 words
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  • Article, Illustration
    Lock icon Burmese face another year of belt-tightening
    548 16 Reuter BURMA IS EXPECTED to face another dose of austerity in today's budget in the face of falling exports and declining foreign currency reserves, economists say. Prime Minister Maung Maung Kha told Parliament yesterday that foreign currency earnings in fiscal 1986-1987 were likely to
    Reuter  -  548 words
  • Article
    Lock icon 'Help make SE-Asia zone of peace'
    75 16 Reuter SOVIET Foreign Minister Eduard Shevardnadze has urged Indochina's communist leaders to help Moscow make South-east Asia a zone of peace and stability, Vientiane Radio reported yesterday. Mr Shevardnadze told guests at a dinner in the Laotian capital that the Soviet Union wanted to
    Reuter  -  75 words
  • Article
    CTE bids differed by as much as $133m
    656 16  -  By LEE HAN SHIH, Property Correspondent A $133 MILLION GAP existed between the highest and the lowest bids for the Central Expressway (CTE) Phase II contract, the biggest price discrepancy ever registered in a government job in recent years. The amount is
    656 words
  • Article
    Consumption tax hard to administer, says expert
    288 16 TAX SPECIALIST Paul Ellard has suggested that the government consider carefully before slapping a consumption tax on consumers. Speaking last night at the 1987 Budget and Economic Incentives seminar organised by Coopers and Lybrand Associates, an accounting firm, Mr Ellard drew attention to
    288 words
  • Article
    Lock icon KL to link poor and rich regions
    210 16 Bernama THE MALAYSIAN government will create a link between "poor" regions and the "corridors of industrial development", as recommended in the National Industrial Development Master Plan. Malaysian Deputy Trade and Industry Minister Datuk Kok Wee Kiat told Parliament yesterday that the concept was
    Bernama  -  210 words
  • Article
    Lock icon Clearer picture will emerge at Umno election: Sanusi
    404 16 Bernama UNITED MALAYS National Organisation secretarygeneral Datuk Seri Sanusi Junid believes that a clearer picture will emerge as the Umno general assembly draws near and that critics of the party leadership will be proved wrong. "Campaigning so far is going on peacefully
    Bernama  -  404 words
  • Article
    Lock icon Opec puts off meeting of pricing committee
    184 16 Reuter OPEC has postponed a meeting of one of its committees because some ministers fear that colleagues who do not sit on the panel might still attend and effectively make it a full cartel session, unsettling a jittery oil market. Opec sources said
    Reuter  -  184 words
  • Article
    Lock icon 'Hongkong's electronics industry must adapt'
    240 16 AP HONGKONG'S electronics industry must adapt its products to recent changes in the world market to survive, Trade and Industry Secretary Eric Ho said yesterday. Mr Ho told a seminar that the Hongkong electronics industry had declined in recent years and needed to confront its
    AP  -  240 words
  • Article
    UK producer prices up 0.3 per cent
    68 16 THE PRICE INDEX for sales of manufactured goods in the UK rose an unadjusted 0.3 per cent in February after rising 0.6 per cent in January. Provisional figures released yesterday show that the index for materials and fuel purchased by manufacturing industry fell
    68 words
  • Article
    Lock icon Dow Jones lower
    69 16 Reuter WALL STREET stock prices tumbled in early trading yesterday as a flurry of arbitrage-related sell programmes pounded the market. The selling was accelerated by a weak bond market that encouraged profit taking in many of the interest-sensitive issues, traders said. The Dow Jones Industrial Average fell
    Reuter  -  69 words
  • LATE FILE
    • Article
      Lock icon Japan trying to open market
      36 16 AP JAPANESE Prime Minister Yasuhiro Nakasone assured French Foreign Minister Jean-Bernard Raimond yesterday that Japan is working to open its markets wider to foreign products, a Foreign Ministry official said. AP
      AP  -  36 words
    • Article
      Lock icon KL Parliament passes bill
      35 16 Bernama THE Dewan Rakyat yesterday passed the Courts of Judicature (Amendment) Bill 1986, which, among other things, is aimed at amending the powers of the High Court in admiralty cases. Bernama
      Bernama  -  35 words
    • Article
      Lock icon Mahathir lauds PBS decision
      56 16 Bernama DATUK Seri Dr Mahathir Mohamad yesterday welcomed the decision by Parti Bersatu Sabah (PBS) not to contest the Limbawang Parliament seat which fell vacant with the death of Usno general Datu Abdul Hamid Tun Mustapha last month. The PBS made the decision at the Sabah
      Bernama  -  56 words
    • Article
      Lock icon Many Chinese officials criminal
      49 16 Reuter THOUSANDS of state officials in China are known to have committed crimes whilst on duty since 1965, including actions which caused loss of life and violations of citizens' rights. The People's Daily said yesterday investigators often met resistance and interference in their investigations. Reuter
      Reuter  -  49 words
    • Article
      Lock icon Corrupt Soviet officials punished
      39 16 AFP officials punished KAZAKHSTAN First Secretary Gennadi Kolbin yesterday announced sanctions taken against a dozen officials, including two arrests, for corruption in the Soviet Central Asian republic where he took over three months ago. AFP
      AFP  -  39 words
    • Article
      Lock icon HK publishers condemn bill
      63 16 Reuter A HONGKONG publishing organisation yesterday joined the growing ranks of media groups calling on the government to drop plans for a bill that could damage freedom of the press. The Society of Hongkong publishers said the bill, to be debated in the Legislature tomorrow, would
      Reuter  -  63 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      111 16 Forcash in a flash, you've just got to hand it to us. Our new Uniflash service is easily the quickest way to withdraw I your cash from any of our 63 branches. Simply present your Unicard at the Uniflash OjV r c //a °4r yuui uuiuuu ai uic uuuiddu counter
      111 words
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      Page 16 Advertisements Column 2
      6 16 More oil *torlos on Pago 12
      6 words
    • Advertisement
      Page 16 Advertisements Column 3
      317 16 ff'ff r. International Institute of jwiizcninQ SINGAPORE INSTITUTE OF MANAGEMENT The Job of the Chief Executive 7th Annual Session, Singapore April 19 24,1987 Exclusively reserved for top management, the seminar looks at the chief executives unique challenges and multi-faceted responsibilities, especially when operating in the Asian context. The seminar offers
      317 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      24 16 WMm Outlook: Fair Woport lor 25 houra prior to 7.30pm on March at tha airport Maximum tomparatura 32.7 Aaaodatod humidity 35 Minimum tomparatura 25.1
      24 words
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  • SHIPPING TIMES
    • Article
      Singapore Polytechnic makes proposal for exemption to CIT
      422 17  -  By LINDA CHEE DIPLOMA-HOLDERS in business and communications from the Singapore Polytechnic may be able to take a short-cut to professionalism. The Polytechnic hopes to get approval from the UKbased Chartered Institute of Transport to exempt diplomaholders from taking the first two
      422 words
    • Article
      Amsterdam Ballast and DeCloedt to pool their resources
      144 17 IN A BID to reduce costs in their South-east Asian operation, Amsterdam Ballast Dredging (ADB) of the Netherlands and Bel-gium-based DeCloedt have agreed to pool their resources. A new venture based in Holland would assume control of about 10 vessels, auxiliary equipment
      144 words
    • Article
      Lock icon Fire breaks out again aboard dynamite-laden ship
      225 17 AP SALVAGE EXPERTS have detected smoke and a possible fresh fire on board a dynamite-laden Danish freighter abandoned in the English Channel six days ago, UK officials said. A team from the Dutch salvage company Wijsmuller saw smoke rising from the hold of
      AP  -  225 words
    • PORTSIDES
      • Article
        Strikes may cost Petrobras US$20m
        166 17 A STRIKE by Brazil's 40,000 seafarers who want pay rises of up to 180 per cent may have cost the state-owned oil company Petrobras US$2O million in lost export orders, the company's commercial director Arthur de Carvalho was quoted as saying. More than 170 ships
        166 words
      • Article
        Kenya to set up shipping line
        115 17 KENYA has signed an agreement with British and German interests to establish a shipping line that will handle 40 per cent of the country's external trade, sources close to the deal said. The state-owned Kenya Ports Authority, KPA, signed an agreement with the Hamburg-based
        115 words
    • Article, Illustration
      Lock icon Britain plans to tighten operating procedures on ferries
      598 18 NYT BRITAIN is considering moves to tighten operating procedures on its ferries in the wake of reports that crew members on the Herald of Free Enterprise were still trying to close the bow loading doors several minutes after the ferry departed the
      NYT  -  598 words
    • Article
      Lock icon Townsend checks all doors
      170 18 AFP DOORS for loading vehicles into 11 car ferries have been checked since a Townsend Thoresen ferry capsized at Zeebrugge, Belgium, and all were functioning properly, the Townsend line announced on Sunday night. Those ferries included the two sister ships of the vessel that capsized with
      AFP  -  170 words
    • Article
      INDEX TO ADVERTISERS
      710 18 AB Shpg V 5 Accord Shpg VI 3 Africa Ocean IX 4 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 ASCI III 1 Bait-Canada Line VII 4/5 Bait-Orient line VII 4/5 Bank Line V 5 BBS II 4/5
      710 words
    • Article
      LONDON FREIGHTS
      1332 18 FIRMER LEVELS are reported on Friday for Panamax vessels arranged on time-charter basis from the Continent for South American round voyages with the business thought to be for additional grain cargoes to the USSR, ship brokers said. Two vessels of around 65,000 tonnes dw are reported fixed from
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    • Article
      CONSORTIA
      178 19 THE MAJOR shipping consortia operating bstween the Far Eaet/European, Far East/Persian Quit, Straits ports/Australia, Straits/Japan and tha member linee: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Linee Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line
      178 words
    • Article
      Lock icon Coast Guard suspends search for Tuxpan
      204 19 UPI THE UNITED STATES Coast Guard has suspended its search for the Tuxpan, a 12,000-ton Mexican container ship and its 28 crewmembers, who were lost in a storm east of Bermuda. The Tuxpan, en route from Bremen, West Germany, to Tuxpan, Mexico, was last
      UPI  -  204 words
    • Article
      Lock icon Wijsmuller Transport to lay up more heavy-lift ships
      382 19 Lloyd's List DUTCH HEAVY-LIFT specialist Wijsmuller Transport could put all but one of its semi-submers-ible heavy-lift vessels into lay up. leading to the loss of around 100 jobs. The company has been hit badly by the downturn in offshore oil company activity
      Lloyd's List  -  382 words
    • Article
      APC starts double-stacked Atlanta-Chicago service
      170 19 AMERICAN President Companies has introduced a doublestacked rail service for containerised, domestic shipments moving between Atlanta and Chicago. Available twice-weekly in both directions, the service also enables APC to provide double-stacked transportation, via connecting trains, between the southeastern region of the US and Salt Lake
      170 words
    • Article
      Lock icon Korean ship may have rolled over in a storm, says insurance broker
      261 19 AP THE HANJIN INCHEON, a South Korean container ship which disappeared last month while sailing from Seattle to Pusan, Korea, may have rolled over in a storm, an insurance broker said. The ship, large enough to carry 1,100
      AP  -  261 words
    • Article
      Lock icon March shipment negotiations still open
      244 19 Reuter AT LEAST FOUR Japanese refiners and trading houses are still negotiating with a visiting Iranian mission on crude purchases for March shipment, trade sources involved in the talks said. Most have postponed their final decision in case the National Iranian Oil Company (NIOC) offers
      Reuter  -  244 words
    • Article
      Lock icon TANKER RATES
      214 19 AFP FIRMER oil prices, based on reports that lower Saudi production had enabled Opec output to remain within the 15.8 million barrels-per-day ceiling, prompted charterers to cover their requirements during the past week on the tanker market. The oil information service, Petroleum Argus, reported that during the four
      AFP  -  214 words
    • Article
      Lock icon Norske files US$17m compensation suit
      173 19 Seatrade Week NORSKE CRUISE, former owner of the luxury cruise ships Sea Goddess 1 and Sea Goddess 2, has filed a US$l7 million compensation suit against Kloster Cruise and Finnish yard Wartsila. It claimed revenue from the vessels was lost after it was allegedly forced
      Seatrade Week  -  173 words
    • Article
      Lock icon Using computers to fight against pirates in Gulf of Thailand
      125 19 AFP THAILAND plant to computerise its boat registration system to ensure quick and efficient identification of Thai trawlers involved in attacks on Vietnamese boatpeople. Thailand's National Security Council (NSC) has agreed to a proposal by the United Nations High Commissioner
      AFP  -  125 words
    • Article
      SHIPPING LIST where your ships are due...and when
      6232 24 AARHUS Ever Genius, Evergreen, Mar 11. Axel Maersk, Maersk Line. Mar 12. Chun He. China Ocean Shpg. Mar 14. B Butang/R Bhum, ScanOutcht. Mar 16. Nik Tikhonov, Bait Orient Line. Mar 17(RK). Ever Garden, Evergreen, Mar 18. Tang He. China Ocean Shpg,
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    • Article
      SHIPS IN PORT
      1109 26 AT CONVENTIONAL WHARVES M a vMH B«rth Arrival Departure KEPfEL WHARVES Oyio KI4 olongudo olongudo 1003/1200 Franco* Id KI5 *****600 Hwaa K32 olonguda 13 03 0600 Kola Foior K3I olongudo 1203,0600 Koto S*k»i K30 olonQuda 1303,0600 la Boio K17 alongud* II 03*1600 Or Ikmnor PUO olongud* '203,0600
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      598 17 Mammoth Hunters Jun M. Auel ITJ coronet books kitm* all Good Bookshops 3:M I .'l'Jffl 2 Ju'onq Port Road Stngapore 2261 V' *****55 OigttfT Ovbqeas CtUaitm Une NORTH UMfRICA ATI ANTIC EXPRESS (ROUND THE WORLD ROUTINGi EXPORT r I". ROMAN CHAMCtj R.JAK IMPORT 3ai T7 WIWTftW JACUIH n UV3 TOMB
      598 words
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      Page 17 Advertisements Column 2
      61 17 msm BRITAIN is considering moves to tighten operating procedures on its ferries. Page II DUTCH HEAVY-LIFT specialist Wijsmuller Transport could put all but one of its semi-submersible heavy-lift vessels into lay up, leading to the loss of around 100 jobs. Page 111 Index to advertisers II Shipping schedules VIII London
      61 words
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      Page 17 Advertisements Column 3
      874 17 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Sonrtooe To SOUTH EAST ASIA, JAPAN, INDIA Agent Singapore Soviet Shipping Co Pte Ltd TEL: 535 2333 MAERSK LINE LCt ACCEPTAMCE n HONG KONG AND KEELUNG next sailing "CORNELIA MAERSK" eld 17.3.87 Voy S'pora Tha mm Lart M Cloang Tan CY 16/3 0700 MRS
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      Page 18 Advertisements Column 1
      326 18 £27 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT n —n FELIXSTOWE MUf KWITB A s: cj'gc ts ji! U K destinations ScaxJ-utun Copenhagen a-*J othe' F-xjean h i-t pen's OUTBOUND TO MEDITERRANEAN n g
      326 words
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      Page 18 Advertisements Column 2
      268 18 EUROPE/FAR EAST CONVENTIONAL SERVICE MMAYM* ML BHD. TLX: 2011I_MTM Frt Booking contact Mis* Gan Further load/ discharging ports an route subject to sufficient ii Singapore Agent Goodrich Marltima Pta LW. Tai: *****36 Tlx: RS; BIS Barber Blue Sea ■rr The Super System Supcrcarricr Serv ice L-. I I II t
      268 words
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      Page 19 Advertisements Column 1
      558 19 The Straits Steamship Group r STRAITS SHPPING f Singapore to Sabah, Sarawak, Bnmai Ports and Bangkok i Mansfield Container Shipping Pte Ltd lift U» I*4 op bp at* 2M BP HP MP m zy» an op hp up up ho vn m up P. A i\'p J: j 'II f/Ni
      558 words
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      Page 19 Advertisements Column 2
      653 19 Franco Belgian Services I I > v EaCnrOTECE .MFMBER OF ACE CONSORTIUM) n-m -rr\ mm 1 Apr 4 Apr S Apr 7 Apr Apr I Apr 11 Apr 12 Apr M Apr Apr IS Apr 17 Apr S Apr a Apr Ito Star Ito O—A CO* Apr 5£ iZf llr
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      302 20 CONTAINERSHIP SERVICE TO UK/CONTINENT S par* PK I $I*i M'Wf B'havan I Frankfurt Eipraaa W W *4 *4 7/4 BanaMar 2*3 22/3 *4 I*4 I*4 Naafewi Eipraaa 2*3 I*4 I*4 I*4 Kitana Ibn 27/J 2*3 I*4 17f4 I*4 Larpßay «l W W l|* Kaauga Mm 12H W W 25« W
      302 words
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      Page 20 Advertisements Column 2
      515 20 JCSIinE nut cmr**r>— FULLY CONTAINERISED SE R VICE [_T0 fUROPE VIA SUEZ Mfmbfr ot the »ce Conswhur" Spar* P.Kataag LaMavro R'tai FUmm Hlar| Anttmr SEVEN SEAS BRIDGE M* 11/3 (9/3) 30/3 31/3 1/4 4/4 7/4 ACE CONCORD m 11/3 (16/3) M 7/4 1/4 11/4 14/4 C.R. PARIS M 25/3 (23/3)
      515 words
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      Page 20 Advertisements Column 3
      362 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: •FAYROUZ 2 ITC-OD3 •PEONIA ITC-OM KK 1W 22/3 SPORE w VH PT KELANG U/3 nn LOAMN6 FOR Rott/Antw/ UK (Nwpart) Rott/Antw/ UK (Inn SINGAPORE CALICO SHIPPING PTE LTD Tol: 22S2MS Tli: IS BUI CALICO FAX: 2N871 PORT KELANG PERKAPALAN UTAMA
      362 words
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      Page 20 Advertisements Column 4
      1052 20 EVERGREEN full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GATHER EVE* GUIOE EVER LI VI DC CVU LEVEL EVER glont EVER LINKING ALSO ACCEPTING CAMI i) movikncc. ww •mJMNSTtM. KMI Q ATLANTA, CMCAfIO. NKG KSG KLG WIS OSK TTO KSN CM NYC ML HOC FIX m w m* uti m
      1,052 words
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      Page 21 Advertisements Column 1
      652 21 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 r*w-j FAR EAST CONTAINER SERVICE m MY SIN 1M *1/9 OMT *1/1 *M MUROAAH (HOKKAIDO) *MfC ISM I*M HITACHI OMIT 2/4 ISM ISM *HTC YOK *m ttn SM 7M SM 13M OMIT ISM *SM *4/4 INDONESIA
      652 words
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      Page 21 Advertisements Column 2
      501 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT m IM MM MM MM MM Mff Ml. O. I M S 1M MM. TM Off KM. Un n Off MO MM. TM MM MM MM l«] UP S Iff NMTMN Uff Off Off Off ITff M H.U.
      501 words
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      Page 21 Advertisements Column 3
      420 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. SESIIM LLtTI P.T. SAMUBEM IMOKSIA P.T. TMKOM LLOYI rr> v-m w 25-27/3 Ot* a 22/4 vifi Ofi n-m* Said, PortAlsxandrta. Omo>, Trteals. ALSO ACCEPTING ROTM CONTAINERS, CONVENTIONAL CARGO VIA TS TO UK WRTIHULL. L£ HAVRE. OSLO. COPENHAGEN. AARHUS, GOTNENOURG ANO
      420 words
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      Page 21 Advertisements Column 4
      195 21 BOUSTEAD SHIPPING AGENCIES SIMM* FIVE STM •A£AIHC VTMf Mwunit wfW LASMK) V7MI PA-AM VMM PAGAN WllW (Burmese National Line) Loading for Rangoon S'por* P.KtUnf se BANK LINE TA6AMA VIS Sport 290 FORTHBANK VMS Sport 12/5 (PN6 ports: PORT MORESRY/KIETA/RABAUL/KMME/LAE/MADANG) T/S: AIOTAU, OROBAY, WEWAK (KL Aft H+ C To! 23»17*/23HSN0SVS) A?
      195 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1052 22 K LINE ASIA STAR VS 11 JOHOtE BRIDGE VM U I RAGNA V 7 Bl FA MIDGE VH 27 I ■MIA VS H ALSO ACCEPTING: SHANGHAI. I n S'PORE PKLG PENANG SPORE CEBU MANILA KAOH KEELUNG TOKYO NACOYA 11 Mar U Mar 13 Mar IS Mar a Mar U Mar
      1,052 words
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      Page 22 Advertisements Column 2
      680 22 AUSTRALIA EXPRESS CONTAINER SERVICE FCUFCL COWWmii ESTECLIPPER *12 16 Iter "KABIROAS" *13 21 Mar CALABAR V 33 4 Aor "RAMDAS" V 7t u Am ESTECLIPPtR *1321 Iter "CHANOIDAS" »i 5 21 Apr 113 May 22 Iky 20 May Add/Bra CALABAR »J4 9 Iter "KAOIROAS" »J4 15 May 29 May 7
      680 words
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      Page 22 Advertisements Column 3
      597 22 GOLDEN LINE OMN GUAN SWUNG (PTE) LTD 23. IM «rr Strtrf SIMH ll' f TU: SWU <!« ;WS) STRAITS/PERSIAN GULF SERVICE: s>» p pw, 001 OEM WONDER Cotanbo/Karachi/Duba«/Oam<nan 19/21 Iter 001 DEN BEAR Cotombo/Koraefc/OubeirtMw 21/30 Iter CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S REPUBLIC OF CHINA P.KLANG PCNANG DESTINATION DONGNNC
      597 words
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      Page 22 Advertisements Column 4
      411 22 INTRASEA (PTE) LTD '5 Hoe Chiang Roar.. »07 02 03 Santord Buildi-g Singapore 0208 Tel 22*651 1 110 I .net Bulk Orient Line I BREAKBULK SERVICE TO EUROPE/UK PHIL IT RON SHIPPING AGENCIES PJf LIP PHIII OR If NI lINES PTE LID f- —Mr ad offict m robwon road AIPO
      411 words
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      779 23 NEPTUNE AGENCIES Ml. LTO. EU/AUST TPA/SEA Tat No Offka Ttnmrul CfS BOOKINGS IMV7 27K7SJ *****42 *****7 *****53 *****42 OR DIRECT LINES IMM 27*U» 27HUI NEPLINE SDN. BHD. M NEPLINE SON. BHD. 2U488 NEPLINE SDN. BHD. IMMZ7M*»«U«KC2 NEPLINE SON. BHD. zaMWaMI NEPTUNE ORIENT LINES LTD; fF^rrr TV o» Vm ACS Comorthim
      779 words
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      Page 23 Advertisements Column 2
      277 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG PENANG. BUSAN. INCHON 1 J OemmPVn In Part SwET" Kisrzi's P.Katang ta 12/3 *19 lt/KOff-Mra) I 5 *5 S PORE AGENTS NEPTUNE AGfNCIES PTE LTD Tel (Boofcmp) *****10 *****22 (Optntions) *****87 (Terminal) *****50 *****04 (CFS) MALAYSIA AGENTS TUNAS SETIA
      277 words
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      Page 23 Advertisements Column 3
      639 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BU'LOING H tertrt Street Sinppsrs 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 f a .tt^ ddress SINSOV S'NGAPORE Telex Numbers RS ***** RS ***** RS ***** r. KtLAMG Pf NAMC M/S HANDLING SYSTEM CO SON BMO PASIR CUOANG F.B SNIPPING AGENCY SON.
      639 words
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      Page 23 Advertisements Column 4
      43 23 VI/\7 I J"*" HOMCKGNC STRAIM 1 Honfkom Tiwppin P.Klant ORIENTAL RUNNER V.ISA SwM Grin 101 NIPfO MARU VSA 12/3 17/3 YASHIUW VJ2A IS/3 21/3 SHIBUSAWA MEtSHIN ft N.T.Y. TFTN CO. PTL LTD., Mi. Cadi Sfrwt. #U-M CI fpm Ml TO; 2ZMZ2 0 Urn)
      43 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      293 24 I* 1 TT H [If tJH HAIMT St LRF E Of Rl I ROSTOCK ,IA LARNACA: Accepting cargo for Piraeus, Thessaloniki, zmir, Istanbul, Mentn, Lattakia, Limassol, Beirut, Alexandria, Said. Iraqi. Iranian and other Middle-East destinations. 1!V lrVT^i if 11 i/r t: i REGULAR CONVENTIONAL SERVICE l». 1 W. MALAYSIA AGENT:
      293 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      157 24 n Ta Regional Weather I? 4 vj 54 n V 2S ■3 cx I" SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. </* Wind direction with speed m knots Wave he»ght R Thunderstorm Temperature c y H)w Weather —.X Wmd direction with speed m knots Rain Wave height
      157 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      247 25 TAYO INTERNATIONAL PTE LTD T|| It! l.v T A VOIN PEKAM SARII/DUMAI/BATAM/BELAWAN WEEKLY SERVICES VESSEL ETA ETD DESTINATION PERANANG SATU 12/3 14/3 KLANAN/UGADtNC oran OAYA 14/3 17/3 PEMNRARU/DUNAI SARI SAMUOERA 17/3 110 MNNI^^ TJIPTA JAYA «3 W BATMI DAILY RECEIVING CARGOES AT JURONC WAREHOUSE V- i't 1 ii"Y CALL US
      247 words
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      Page 25 Advertisements Column 2
      554 25 Hai Sun Hup Co (Pte) 'f l ??0490f) l? 0 I in. si T[ X t I \M I k\ \K I I\ i K lIM Ltd cfmad vtml Idg for Kaohsiimg Loadinf at appropriated Berth P4-PS NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime
      554 words
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      Page 26 Advertisements Column 1
      610 26 FARGO SHIPPING COMPANY (PTE)LTD. REGULAR EXPRFSS FUIL CONTAINER AND ICL S^VICE ETA SINGAPORE DESTINATION RAT ANA mm MIMA BUTANC II3N lifs m 17/3 17 15a u/3 jtn 12/3. IS/3. 2S/3. 2/4 130, *3, 27/3, 3/4 I*3, 19/3 U/3. 14/3, S/3 17/3, 31/3.1/4 13/3, 2S/3 'Acceptor ftt, LCI and Conventoral 200
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      Page 26 Advertisements Column 2
      30 26 T7T eta rri mi Bff w m W zv> MMV fa XPTMS COMCOTWAI. LCL, MK. TM ANO OTm PORTS) lAS, CALCUTTA TAfIOMfCMAUM IMTA. iAKAVTA MM Fa CAMO TO K> KA)Mf
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  • DESTINATION THAILAND
    • Article, Illustration
      A magical kingdom still weaving
      766 27 ONE THING you will find incredibly difficult to say to a Thai is "no". And because you are unable to mutter anything negative to the gracious, ever-smiling, ever eager-to-please person before you, the odds are 10 to one that you will find yourself, for the
      766 words
    • Article, Illustration
      Newcomer to the game is fast catching up
      972 28 IT WAS ONLY in the last four years or so that Thailand began to place greater emphasis on the potentially lucrative convention and incentive travel market, catching up with the rest of Asia's growing popularity as a site for international conventions. While
      972 words
    • Article, Illustration
      All ready for the big bash
      1030 28 THAILAND saw 2.818 million visitors in 1986, an increase of 15.6 per cent over 1965. The jump in tourist numbers was far bettor than expected and the governor of the Tourism Authority of Thailand (TAT), Mr Dhamanoon Prachuabmoh (right), who succeeded the retiring Col
      1,030 words
    • Article, Illustration
      Much more than just earning a gorgeous tan
      1200 29 EMPLOYEE X comes back to work with a gorgeous tan. Back from a holiday in the sun is the obvious conclusion, only this time, it wasn't just any holiday. In the first place, it didn't cost him a red cent; he didn't
      1,200 words
    • Article, Illustration
      Have incentive, will travel — on the house
      1134 30 Have incentive, will travel on the house This is an extract from an Economic Intelligence Unit Special Report on the International Business Travel Market by Robert Cleverdon (price: £95), published in March 1985. It was presented during the Singapore Incentive Seminar, organised by the Singapore Tourist Promotion Board and Incentive
      1,134 words
    • Article, Illustration
      Grand Audience among special events lined up
      316 30 SOME of the special events planned for 1987 include: The Grand Audience Traditionally, a grand audience is granted by the King to permit senior members of the Royal Family, the Prime Minister and the President of Parliament to offer their felicitations and best
      316 words
    • Article
      Calendar of major events
      448 30 Date EvmI Vmmm Mar 6-13 Phra Buddha Baht Homage-Paying Fair Soraburl Mar 23-27 Trat Provincial Day Trat Mar 23-Apr 3 THoo Suranarl Fair Mriiiti n 1. i PtOKnOn KUIUKlSlfTKj Mar 29-31 Orango Fair Pathum Thani Mar 31 King Rama W Commemoration Fair Bangkok Apr 3-13 The
      448 words
    • Article, Illustration
      Thai Airways all set for better things to come
      822 31 THAI AIRWAYS International last year took the top award for Best Executive/Business Class in the 1986 Airline of the Year Awards given by Executive Travel magazine. The airline edged out strong contenders like Singapore Airlines, Cathay Pacific, Swissair and British Airways
      822 words
    • Article
      The man at the helm — Air Chief Marshall Prayad
      510 31 The man at the helm Air Chief Marshall Prayad BORN IN Bangkok on March 12. 1927, Air Chief Marshall Prayad Didyasarin graduated from the Military Academy in 1949. He attended the Flying Training School of the Royal Thai Air Force; the Far East Air Ground Operations School, Tokyo, Japan; the
      510 words
    • Article, Illustration
      The beat of Bangkok
      689 32 BANGKOK may well be known as the City of Angels, but one thing's for sure: this place certainly suffers no fools. It's a hardened city, hardened by its position as the place for Thais to be if they hope to move significantly up the ladder of
      689 words
    • Article, Illustration
      Snippets
      435 32 THE GRAND PALACE is a sight to behold amid its bleak-by-comparison surroundings. This walled city was founded by King Rama I and gradually enlarged by the monarchs that followed. Lavishly layered with goldleaf and studded with oramental stones, the structures sre an embodiment of legend and history. But the
      435 words
    • Article, Illustration
      A Shangri-La in the city
      247 32 THE ACCESS to Bangkok's Shangri-La Hotel is a seamy little side road that skirts the city's Chinatown. But once you make your way up the non-descript incline, a regal sight mushrooms before your eyes one of the latest luxury hotels to preside along the legendary
      247 words
    • Article
      The day I paid a visit to Patpong
      414 32 I WANTED to go to Patpong. The infamous district of Bangkok was s place I insisted on visiting, if only to verify its raunchiness. I had a guide who went to great lengths to explain to me how he had dazzled a
      414 words
    • Article
      Main hotels/holiday resorts in Bangkok
      446 32 Namo/Addroaa Rooms r,. ii|ji, raciiiDti 1. Airport HoM 300 ConvonHon 8 •xhibMon fodttties; coffee shop. 333 Chert Wudthokos Rd imawd 8 lounge; carpeted room wNh TV, Don Muang tapod musk, refrigerator 8 toitphono Bangkok ***** 2. The Amtooeeador HoM 1,050 Health contra, swimming pool, tennis
      446 words
    • Article, Illustration
      Pattaya knows how to make people have fun
      448 34 LIKE the other beach resorts in Thailand, glory days in Pattaya depend on what month it is. While it is next to impoesible to get a room in the peak months of October to February, the opposite happens during the slow months.
      448 words
    • Article
      Main hotels/holiday resorts in Pattaya
      467 34 1. PofYoyo Ifock Kfioif Otolbwri IboRand 314 rodto In Rw room; codrtoR lounga, mmmmmt, bar 4 nigladub; Khantofco room; conlotontn room toadng 500; ssrimmIng pool, tomb eourti 4 9-holo golf cowtm 2. Pottoyo Itodi Kfioft Otolbwri IboRand loM 121 CofRpIl 4 rodk 4 dboo 2
      467 words
    • Article, Illustration
      Eating and sleeping easy on the Thai Riviera
      447 34 PATTAYA, as the brochures will tell you, lies 147 km south-east of Bangkok, and is usually a pleasant two-hour drive along the highway which also bypasses an interesting market place stocked with an amazing array of dried, salted and prepared fish of
      447 words
    • Article
      One only got dragged at the end
      244 34 THEY SAY you've never been to Pattaya if you haven't seen one of its gay cabaret shows. That is where truckioads of tourists fall into plush seats and gawk as a dozen young men with confused hormones don wigs and make-up and put
      244 words
    • Article
      Snippets
      431 34 ABOUT an hour's ride from Pattaya by road. 17 km east along the coast from Rayong. is the village of Ban Phe, the departure point for a 30-minute ride to the island of Ko Samet. The island is supposed to have beaches that surpass Phuket in terms of sand
      431 words
    • Article, Illustration
      Rustic charm and freshness on the mountains
      786 35 Foliage and scenery rank among Chiangmai's chief attractions Chiangmai remains rather isolated and ancient in spite of the number of hotels that exist. The people have an earthy air about them not terribly sophisticated, but incredibly charming. It probably stems from the resort's
      786 words
    • Article, Illustration
      The celebration of flowers and other colourful attractions
      823 35 CHIANGMAI's main attractions are its three flower festivals. The "Flower Carnival" comes on during the first Friday, Saturday and Sunday of every February; "Songkran" is celebrated in April; while "Yee Peng" blooms on the full-moon day of the 12th lunar month, generally
      823 words
    • Article
      Shopping in Chiangmai: How to get good bargains
      316 35 I WAS utterly shocked when, on dismissing a piece of woodcarving as too expensive, the salesgirl asked me how much I wanted to pay. The woodcarving centre along the Bo Sang-San Kamphaeng road was my first stop, and'l was to learn later
      316 words
    • Article, Illustration
      Phuket promises pleasure
      457 36 FAR AWAY from the hectic pleasures of Pattays is Phuket, an hour's flight from Bangkok. Yawning with beaches, Phuket sometimes can be mistaken for Orchard Road, simply by the number of Singaporeans who love to flock there. Undiscovered just a decade or so sgo, Phuket— "The Pearl
      457 words
    • Article
      Resort pulling in the convention crowd
      593 36 1967 WILL SEE some of the biggest international conventions Phuket has ever played host to. says Mana Chobtham. director of the TAT's Phuket office. Twenty to 30 domestic and international conventions of up to 400 people have been planned so far this year. This
      593 words
    • Article, Illustration
      Well, there are the beaches and the caves and...
      253 36 PATONG BEACH may well be favoured for its bustling activity and night life, but those seeking relaxation might prefer scouting about for a good spot on the Karon or Nai Yang beaches. Glorious indecision lies over which beach to laze on,
      253 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      128 27 Contents All storlss by JAIME LYE Photos by PY TAN and by courtesy of ths TOURISM AUTHORITY OF THAILAND s s* >0- f Cwwttf i Thailand's drive to become a convention centre Page 2 hKMtiw packages More than just earning a gorgeous tan Page 3 Hn traits af lacsativa travai
      128 words
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      Page 27 Advertisements Column 2
      221 27 THAILAND THE COMPLETE INCENTIVE DESTINATION No other country in the world offers the diversity of attractions which Thailand can provide for your next incentive programme. A unique blend of traditional hospitality, ancient cultures and excellent accommodation and meeting facilities. And at prices you'll find hard to match. r*r*\ r. A*
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      196 28 THE DUS I T THA N I BANGKOK The most enjoyable place to stay in Bangkok is also an excellent convention venue. V-O"** W-' <*•*' f i < i :in' zILIU I VJ* m t >■ W* J» V*'. -J* I Jm M* >** Among discerning travellers the Dusit Thani
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      194 28 TheTivin ftaris of Phuket For total appreciation of Phuket, Thailand's tropical island resort, you can enjoy the same standard of luxury accommodation while choosing the style and setting to suit your idea of paradise. feari Hotel Located in the heart of Phuket town's shopping and entertainment centre, the 250-room Pearl
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      217 29 I I UUUUi lAX ...LAND OFATHOUSAND INCENTIVES andathousandpossibilities~of sightseeing,places,theme parties etc. Dll dt d very 3CC6Dtdbl6 dHC6 too. Let Diners World Travel show v° u the wa y to J r* ThoiUnH onH tn c..rroccf..l innantiim froiml w >\JI AW I I I ,7/ V \>2 A Mil >/✓. A/
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      57 30 Mansfield makes meetings work r,f :s&Ji =Ksar. 1 felpSSSKte' ™dexpert?£ f mgs 9hp< ***(l taker > care o7 rbr <*ka meet&*** .it -<' r <%€4/ar *eetint e thQ n Just travel array* 9 er *ients, MANSFIELD TRAVEL PTE LTD Total Travel Service 354 Orchard Road #04-03/11 Shaw House Singapore 0923
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      108 31 A unique Incentive Travel Programme to Thailand with Chan Brothers Travel Unending Beaches Exotic Food Water-Sports First Class Hotels Banquet Parties Deep-sea Fishing Big-time Shopping Casinos Disco-dancing Cruising Rafting City-touring 4 Charming People Taking care of all your travel programme is our forte. Our incentive travel department will arrange anything
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      158 31 TOP OF THE CLASS! Thai's Royal Executive Class has been voted the Best Business Class in the 1986 Airline of thenar Awards We admit we had gone to extraordinary lengths for the business traveller. Wider-than-normal seats and legroom. Exquisite linen, fine porcelain, silver cutlery and a choice of menus and
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      168 32 With 700 luxurious rooms and suites each overlooking the Chao Phraya River, the Shangri-La is truly a city resort in the eart of Bangkok. Set amidst beautiful landscaped gardens, it offers an extensive range of leisure M Shonnri La activities as well, of course, as the standards of personal service
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      220 33 A meeting of smiles Yhauartd '3J -P* V' WvSuiif A* y k V V Hit** V* 17 Vrr.J: m M n v 'J6' r u. 8121!.'. K iMISlif iPi! il A 1 HE: 14;., \=-N fv ***1 Lit ..ju. Qfcrnr: j n U i »> BBSS'»r urn m> JB -LM
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      53 34 WANTED: RECOGNITION! —-a rxz.. ■hr run** Ir-v cx)uv M <£ fJU 7 IPZ F »wu A s**u«rj nri Wj.l IL'iH Ijmtyi 7\ri U'.i. 4Ut*M T* -L~f u y* M iAti u, ~ut M*J° V^r iS> -««1f »J r 4 »4 A/ i.e""'vV vH L 1 V V': >* 1 •>
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      216 34 WARM COURTEOUS THAI HOSPITALITY BEST LOCATION HOTEL IN TOWN The Erawan, Bangkok's most centrally located hotel with 250 fully air-conditioned rooms and suites, offers e wide range of accommodetion and modern facilities. The Erawan has 4 resteurants: LA CAVE, LE CHALET, TERRACE and CAFE serving excellent international cuisine and delicious
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      101 35 II J 2 O i?|t? iiil! w *5 5 SJS£I CO ooc CM j HI giTi^u; £3=!: CO 8® J f 111 I I f! n p. i! IS»* III! I Plii ■2 I^°l3 I iz*\h ii!*}|S| sM«Mt{ <S ill! 1 U.U.U.U. it .MWMWM Jiiiii 8 <U <D £L CC
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      211 36 Phuket Merlin Patong Merlin Thebestof both worlds in Phuket A double pleasure, bringing you the best of both aspects of Thailand's most delight filled resort island Phuket. THE PHUKET MERLIN HOTEL, with 180 airconditioned rooms and a full range of superb facilities, is located in the heart of bustling Phuket
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      85 36 M ()M/\ I isil Thailand Year' i s /V 1 1 C -«a ,<«9fl •V-' KATA THANI HOTEL FHE PRIDE OF PHUKET V,V I < KM)! A I H M\ I INN 'ML THE BEACH IS SUPERB. THE WATER IS WARM AND CLEARS Booking "Phuket": 27 Rasda Road, Phuket *****
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