The Business Times, 12 March 1987
1987-03-12
1
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The Business Times
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Title Section12 1987-03-12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, MARCH 12, 1967 75 CENTS12 words
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FINANCIAL NEWS SUMMARY
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Article, Illustration54 1987-03-12 1 The Singapore dollar finished slightly easier at 2.1475/85 (2.1470/80) against the US currency in quiet trading yesterday. The local dollar also closed lower at 84.76/83 (84.74/81) againet the Malaysian ringgit and other major currencies such as sterling, yen, D-marfc and Swies franc. US* 153-55/65 y«v 1.8580/90 DM, $$2.1475/8554 words
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Article33 1987-03-12 1 HK Hang Seng Index 2760.90 29.80) Tokyo NRckoi Amago *****.96 9830) oyonty Aihurainantt 1634.2 (-1.1 T—»doy Now York (Dow ionos) 2280.09 (+19.97) London (FT 30 Mox) ***** 10.T) ***** (noon, Wednesday)33 words
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Article26 1987-03-12 1 DM (Jvne)o34l6 9) Euro-$ (Jim) 93.49 (-6 Yon (Juno) 0.*****6 (+7) Pound (Mar) ***** +95 Nfckoi Mox (Mar) ***** 145) US T-bond (Jun) *****2 (-10)26 words
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Article11 1987-03-12 1 fpon (buyer's quo**) U*****.50 +US$2.OO London (Msntag fixing) U*****.8511 words
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Article11 1987-03-12 1 S'oori AorU 190.25 at/kQ }J5) M'aia April 225J0 Mds/kg (wndi)11 words
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Article15 1987-03-12 1 Turnover; 1049 lots 478) Mar Ms74B/tonm Msl9) Apr M5759/tom Ms2o) May Ms76o/tam M*23)15 words
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Article19 1987-03-12 1 THE OVERNIGHT rate on the Singapore interbank market doeed X point higher at 1% per cent yesterday.19 words
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Article, Illustration513 1987-03-12 1 LOH HUI YIN - Proposed changes for property sector to take effect from April 1 By LOH HUI YIN A SERIES of studies by the Business Enterprise Committee (BEC) hss resulted in more red tape being cut making it easier for businesaes to operate in Singapore. In513 words
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Article, Illustration317 1987-03-12 1 THE SINGAPORE STOCK market went through a sharp correction yesterday, triggered off by political events in Sarawak and a heavily overbought position. The Straits Times Industrial Index loet 11.99 points to 1,070.90 snd ths BT Composite Index eased 7.36 points to317 words
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461 1987-03-12 1 LUCY HG - Br LUCY HG CONTRACTOR Liu Cho Chit has clsimed trial on a charge of attempted bribery. Liu, 52, is charged with trying to bribe s witnsss last November to stop him from implicating toe late minister Teh Cheang Wan, then under inveetigation for461 words
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496 1987-03-12 1 Emporium Supermarket Holdings gets provisional liquidators Bernama ES PEAT MARWICK Mitchell Co has been appointed by the Kuala Lumpur High Court as provisional liquidators of the 28 companies under the ailing Emporium and Supermarket Holdings Bhd (ESHB) group. The provisional liquidator said yesterday it would evaluate the viability and feasibilityBernama ES - 496 words
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520 1987-03-12 1 NAJEEB JARHOM - ■y NAJEEB JARHOM MALAYAN UNITED Induatriee Bhd (MUI) is Making approval from the authorities to offer a total of 36.6 million Msl shares in its fast-growing subsidiary Malayan United Bank (MUI Bank) as a prelude to a listing on520 words
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154 1987-03-12 1 AFP SARAWAK Chief Minister Abdul Taito Mehmud said yesterdey he had advised ttw Governor to dissolve the state's legislature after a revolt against him by more than half its members. Mr Taib's move came after 28 members of tie 48 .feat assembly demanded his resignation,AFP - 154 words
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Page 1 Advertisements
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Advertisement109 1987-03-12 1 7V t Y.* v f hi i i l l Nutritional supplements for the whole family L*i i GPF FOR SIFS. AND SEE WHAT A DIFFERENCE IT MAKES. We make it fast and easy for manufacturing and manufacturing-related companies to get km cost financing under the Smafl Industries Finance Scheme.109 words
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Advertisement293 1987-03-12 1 The towering business giants LOOK AROUND YOU. Are there meny corporate chiefs who ere also, literally, corporate giants? Is it true, as many innumerable studies in the US have shown, that tall people enjoy an edge over their shorter counterparts in attaining success in life? Is there a correlation between293 words
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Advertisement0 1987-03-12 1 /:^^_*=>@*(<._|%';;|:*==]}+"|][0 words
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Advertisement47 1987-03-12 1 BALLY cf i BALLY of Switzerland ...meets the challenge of today h. t t 1 rs> 02-IVIS, Shaw Centre, Tel: *****42 02-23, Plaza Singapura, Tel: *****29 #01-26/27, Specialists' Centre, TH: *****54 Opening hours: Monday to Saturday 10am to 7pm. Sunday and Public Holiday 10.30 am to 530pm47 words
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HOME NEWS
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403 1987-03-12 2 ROSIE TAN - By ROSIE TAN NEARLY HALF OF the 228 appeels to review government rulee and regulations ware targeted at two minietriee National Development and Finance. The appeals came from busineeemen, trade sssocistione and property developers. They were lotted with the Busineee Enterprtee Committee (BEC)403 words
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215 1987-03-12 2 THE JAPAN-SINGAPORE Inetitute of Software Technology will be transferred to the Singapore Polytechnic next month. But the Inetituto, now under the Economic Development Board (EDB), will function autonomously. It will be run by a management council reeponeibie to the Singapore Polytechnic board of governora.215 words
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439 1987-03-12 2 ZHOU MEI - ■y ZHOU MEI WHILE A COMMON MARKET to an ideal that the A—ociattoo of South-eaat Asian Nationa (Aaaan) should aim for. in ttie foreoeeeble future it to an Aaaan Trade Area that to a 'realisable goal". Thto waa the collective view of a group439 words
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291 1987-03-12 2 TRAM. TRAM, TRAM that's what tha Man Rapid Transit Corporation (MRTQ I» doing furiously now to prapara tor tM rSng trTolcamSr Now in of training about 290 traffic atoll, fw corporaHon to on fw look-out tor anotwr 32S worliars to oparato tia traino tor291 words
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79 1987-03-12 2 TELERATE INC. a supplier of financial information, expects mora users in Singspore to hook on to Ni now graphic» and technical analysis software system this yaar. Tha ayotom, known as TsteTrac. provktee among ofttar sarvtooo "live" rnvoroos of worldwide cash and futoras markets and79 words
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Article, Illustration256 1987-03-12 2 MARTIN SOONG - By MARTIN SOONG TELEPHONES don't work too well in Venezuela. Mail neede to be hand-deliv-ered. That's why Mr Pieter nicaSone equipment would in other Latin American oounkleo plagued by inetoNWi nan ram 19 imnsQinQ director of a trade centre under construction256 words
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239 1987-03-12 2 THE FUTURE of communication* is fantastic but communicators may loss Itsir rots untses thsy becorns mors effective. TMs warning was given by Mr Jamas Dowiing, president and chief operating officar of the public relations firm BursonMarstsllar, when ha ipola to mambars of239 words
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Article117 1987-03-12 3 LOWER FOOD PRICES led to a drop in the February consumer price index by 0.6 point over the previous month. The February index ot 102 points is also 1.1 points lower compared with the same month a year ago. Fish, vegetables, pork, poultry, fruit and117 words
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Article, Illustration386 1987-03-12 3 DAISY CHUA has been appointed managing director of Geneva Master Time Pte Ltd, general agent and distributor for Pstek Philippe in Singspore, Mslsysis snd Indoneeis. Miss Chua will be responsible for marketing Patek Philippe watches snd Jewellery in Singapore and the surrounding region. She has 20 yesrs386 words
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291 1987-03-12 3 HOW TO HELP each other during an oil crisis is one of the topics to be discussed by Asean members at a meeting in Jakarta later this week. The assistance is provided for under the Asean Petroleum Security Agreement which291 words
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373 1987-03-12 3 ANNA TEO - By ANNA TEO IN ITS FIRST TIE-UP with a foreign partner, the National University Hospital has formed a company to provide top-rate laboratory services to the region. Media* Referral Laboratories Pta Ltd is a joint venture between NUH, the governmentowned private hoapital. and373 words
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448 1987-03-12 3 DETAILS of the new tax incentives tor parents have been spelt out by the Ministry of Finance. Working mothers who give birth to a fourth child on or after Jan 1. 1087, will qualify for the enhanced child relief. Thla ia $750 plua 15448 words
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163 1987-03-12 3 SELETAR AIRFIELD wiH be buzzing with activity this Sunday at 17 light aircraft involved in tie first Paria to Beijing rally touch down on thair ratum lag to Paria. The raigning Miaa Touriam will ba among tooae to groat the pilots after thair163 words
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Page 2 Advertisements
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Advertisement269 1987-03-12 2 I We shortened our microprocessor design cycle by 6 months through a working partnership with HP. Pf P Tan Puoy Oman, Sden-Tech Jntroco Automaton he. Ltd. "At Sden-Tech Introco Automation, the HP ***** logk development systems from Hewlett-Packard have enabled us to bring our products to market much faster and269 words
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Advertisement109 1987-03-12 2 IN SHARES? /l 'A mm Get Finance Quickly Easily. AvaaafcMyofereMoMng In* of credit within 24 hours, tours to uee over and over again toucan borrow up to 70% of the martast velue of acceptable shersa.incliidbig thoee on SESDAQ (Stock Exchange of Bhipyuw naalia end fcHnmatoil Pompm*m mss cslcuiafcd on Simple109 words
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Page 3 Advertisements
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Advertisement181 1987-03-12 3 Prompt pick-up anddelivery 24 hours a day r..< m m AFTER PAYING OUT FOR ONE YEAR IS THIS ALL THE FACSIMILE MACHINE YOU GET? Take heart if it is. Because from Ist March 1987 you can own a fax machine from Telecoms instead of renting one. In place of its181 words
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ASIA-PACIFIC
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421 1987-03-12 4 Minister to encourage import of American goods AFP SOUTH KOREAN Trade Minister Woong-Bae Rha has rejected US pressure for a revaluation of the South Korean won as "ironic" and "extremely ill-advised". In an address to the US Chamber of Commerce in Washington onAFP - 421 words
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258 1987-03-12 4 AP IN SPITE OF the yen appreciation, SB per cent of 283 South Korean corporations still consider Japanese products more competitive than their US .counterparts in price, according •Jo a survey released yesterday. .1 The survey, conducted recently by the Korea TradersAP - 258 words
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361 1987-03-12 4 AP A DRAMATIC RISE in foreign industrial investments in Hongkong is s sign of confidence in the economy of the British colony, Industry Director Yeung Kai-Yin said on Tuesday. Mr Yeung said foreign investments in manufacturing projects through the Industry DepartmentAP - 361 words
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Article289 1987-03-12 4 UPI A JAPANESE government panel yesterday warned that more than two million workers in the country's manufacturing industries will loee their jobs by 1960 if the yen continuee its appreciation against other currencies. The panel, created in January by the Ministry of International Trade and Industry,UPI - 289 words
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Article716 1987-03-12 4 ARRIVALS Operator JfrVICt Local From numbif NM CPA CX710 1013 CGK MAS MH603 1020 KUL MA •1421 1030 8WN GtA GA960 1100 CGK SU SOI OS 1105 KUL SiA SO 301 1145 CGK SU SQ191 1155 PtN THAI TG403 1155 IKK MAS MH682 1230 KOI GU GA940716 words
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Page 4 Advertisements
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Advertisement265 1987-03-12 4 m m iflH '?X.-+4 si; ft fc i'SKPro s i--r-T:.-* >£%»&*«* v? 5 H ?»s! :«<! J $36« V* JBSMK i) mmi i at *4 f JGM *4 «r -J. *a» ■J- 't a* 4 .>» 4« M*" x v. 38 storeys of glistening modem architecture rising a strategic harbour265 words
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Advertisement82 1987-03-12 4 I I I A/ I The business person's choice, every II II I I la IJ I Tuesday, Saturdoy and Sunday. I 1 Ml \J I m\ W\ \l Leaving Chongi Airport at 22:05 -*y yi_ 1 hours and arriving Heathrow at 06:45 hours the following morning. Coll your Travel82 words
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REST OF THE WORLD
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277 1987-03-12 5 Reuter THE US, after conaulting with five allied nationa, ia ready to make apecific proposal to the Soviet Union for verifying a propoeed treaty on eliminating me-dium-range nuclear miaailea from Europe, the State Department aaid on Tueaday. The consultations on MondayReuter - 277 words
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133 1987-03-12 5 Reuter THE WEST could sharply curb energy demand in future simply by using existing technologies that, since the ig7os oil "shocks", have already made it a much more efficient energy user. the International Energy Agency says. A new report by the Parisbased group ofReuter - 133 words
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216 1987-03-12 5 AP A STATE BANK in Hungary has started bankruptcy proceedinga againat a atata antarpriaa, in tha first such procadura undar a new law daaignad to maka the shutdown of inaoivant companies easier. State news agency MTI reported on Tueeday that the Hungarian Credit BankAP - 216 words
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Article407 1987-03-12 5 Move to avert presidential opposition to proposed trade laws Reuter, NYT KEY DEMOCRATS in the US Houss of Representativee haw unveiled a more moderate plan to toughen US trade law* designed to meet many of President Reagan's objections to the trade retaliation stops they proposed earlier.Reuter,; NYT - 407 words
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Article400 1987-03-12 5 Reuter EUROPEAN NATIONS have apparently agreed to give their economies a greetor boost than previouely thought, after US pressure for them to do more to remove imbalances in world trade, according to bankers and economists. Ths US urged trading partners at a finance ministers' meetingReuter - 400 words
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222 1987-03-12 5 Reuter BRITAIN'S landed arietocracy continues to control some of the country's largeet fortunes, in spite of the rapid accumulation of wealth in the hands of corporals siocutivos. a reeearch institute has said. The Labour nseearch Department. funded by trade unionsReuter - 222 words
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186 1987-03-12 5 UPI CHARLES HAUGHEY was elected Ireland's premier by the narrow—t of margins in Parliament whan the Spsaksr cast his deciding vols behind tha Flanna Few laadar. In a dramatic opening msion of tha naw Parliament which to known as tha Daii, tha volsUPI - 186 words
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Page 5 Advertisements
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Advertisement168 1987-03-12 5 aiTlJi fears of being stuck A 11 .44 44 till As any traveller will tell you, it only takes a few seconds to ruin a trip abroad. You've lost your wallet, you've missed your flight, your business meeting fell through. But with the American Express* Card, help is just around168 words
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Page 5 Miscellaneous
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Miscellaneous37 1987-03-12 5 Doonesbury UMKMOAf. USWN.I6OT '/..-7/ 1, ;«t T*. 0A A 4 mm r m v t»rs I c rt Fi BY GARRY TRUDEAU 2 rrf^" (feS 1 iZmM r Q v /T v# K 1 Imr. B& IT37 words
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RAW MATERIALS
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Article141 1987-03-12 6 MALAYSIAN crude palm oil prices firmed yesterday on strong covering and speculative buying to close at the day's highs, reflecting the surge in palm oil futures. Msrch central region firmed Ms3o to M 5752.50 per tonne while south and north rose Ms2s to Ms76o. Refined palm oil also141 words
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Article102 1987-03-12 6 OIL PRODUCTS THE ANNOUNCEMENT of higher-than-expected US oil consumption statistics and renewed demand from Singapore refineries gave most products a boost in the East Asian oil spot market. Gasoil prices rose sharply on speculative demand while naphtha increased on interest from Japanese petrochemical companies. Closing prices for crude (FOB origin)102 words
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Article138 1987-03-12 6 Chinese Produce Exchange S#ii#n noon dodnQ prions on Mor 11 (S$/100 kg). Coconut oil M FOI •8.00 Old drum FOB 98.00 N»w drum FOG 102.00 Copra Mixed (IOOM) 50 iqllan Pepper Mvnlak Wlille FO§ NtW Sarawak Wtoi 1225.00 FO# foq NLW 1210.00 Sarawak iptdal Mock KM NIW 957JO138 words
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Article92 1987-03-12 6 THE PRICE OP TIN on the Kuala Lumpur tin market closed a cant lower at M 516.96 par kilo yesterday due to lack of buying support The market opened unchanged but higher offers of metal pushed the price down slightly. The toll wss marginal with92 words
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Article67 1987-03-12 6 Bangkok (USS/toiww, FOB) White Rice J 00% 1st dots 255 100% 2nd don 225 100% 3rd dots 220 5% 210 10% 205 15% 200 20% 190 23% 185 35% 180 Broken Rice A-l Sop«r 143 A-1 Spadol 140 C-1 Spcciol unq C-1 Ord unq Loonzoin Rice 100% 1st grod*67 words
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Article165 1987-03-12 6 WHEAT FUTURES in Chicago closed mostly lower on Tuesday, ranging 1-1/4 US cents a bushel lower to 1/4 cent higher with spot March at U552.96-3/4 a bushel. The March contract was pressured by trade talk that China's bid for wheat under the export enhancement programme was too low to165 words
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Article175 1987-03-12 6 SOYBEAN FUTURES in Chicago closed lower on Tuesday, falling 3-1/2 cents to two cents a bushel with spot March at USS4.B7-3/4 a bushel. Soybeans were pressured by anticipation of the Brazilian soybean harvest, though traders were keeping an eye on the seamen's strike there, which could interfere with exports.175 words
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Article318 1987-03-12 6 SINGAPORE The market closed higher yesterday with April 1 RSS buyers quoted at 191.25 cents/kilo, up 1.75 cents from Tuesday. Dealers said the morning session ended 0.75 cent higher on some short covering interest in thin trading after a slightly lower opening. Short covering continued to push up prices318 words
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Article18 1987-03-12 6 KL TIN Closing (m$Ab) xteM on Mor 11 Price 16.98 down 0.01 Turnover (tonnes) 88 dot tm 1018 words
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Article274 1987-03-12 6 RAS prices msc awti/fcg. FC in bat* 8 NOON CLOSE Bwyars Sellers 8vyars Solan In* 1 RSS Prompt 192.50 193 JON 193 JO 194 JON bit 1 RSS April 87 190.25 190-75 191 .25 191.75 fa* 1 RSS May 187.75 188.25 188.75 189.25 Int 2 RSS or274 words
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Article86 1987-03-12 6 (canto/kg, 1-Km poUaft) APRIL 87 MAY 87 (currant month) (forwor d month) NOON NOON RAS l^i Srfn SS> 30 ***** 167 AON 164.00 169 JON SSI 90 ***** 166.00N ***** 169JON MRi^B hr/mn S*n Bvywi Sdbn SMC eiii. 347JO 349JON 24SJ0 390JON SMI l 347.00 249.00N 248.0086 words
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Article829 1987-03-12 6 COFFEE Robusta coffee futures ended Tuesday unchanged to £7 a tonne firmer. Prices slipped during the afternoon with traders involved in arbitrage with New York, where values were lower than London at one time. There was little fresh news during the day to stimulate trading and origin sellers829 words
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Page 6 Advertisements
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Page 7 Advertisements
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Advertisement184 1987-03-12 7 lb rm v> A x. r K W Itt -r r 3 >a sfc V Ik vy V f v tJ-..fTI-TfaHißM MM! tiatMa The butler did it. Last night the shoes were laboured over. them with scrupulous attention to detail. But, the most exclusive hotel is far from the most184 words
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Page 8 Advertisements
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Advertisement1926 1987-03-12 8 8 DBS FINANCE DBS FINANCE LTD AND SUBSIDIARY COMPANIES Balance Sheet as at 31st December 1906 Share Capital Authorised 50.000.000 shares of Ssl each Issued and fully paid 36.000.000 shares of Ssl each Share premium account Reserve fund Profit and loss account Total Capital and Reserves Interest of Minority Shareholders1,926 words
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BANKING AND FINANCE
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Article611 1987-03-12 9 JUNE Eurodollar opened 3 ticks off Tuesday's close at 93.55 on a firm Federal funds rate on Tuesday night. Continued bearish sentiment saw prices slipping off to 93.50 initially but backed up to 93.52 on short covering in active trading. Prices still looked weak with attraction provided by a611 words
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Article825 1987-03-12 9 SINGAPORE: The US dollar closed mixed against major currencies after moving within a narrow range in thin trading yesterday. Dealers said most operators were reluctant to take large positions due to uncertainty over the dollar's near-term direction and fears about central bank intervention. They said the market did825 words
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Article236 1987-03-12 9 Interbank rates at 3pm yesterday: CumnctM Nominal rdM SmMMontan ■M 01tor enm pmrHf Local dollai rs to on* unit of foreign currency: US dolar 2.1470 2.1480 2.8196 -23.85 SliHhQ pour id 3.4051 3.4088 7.3469 -5X65 AiMtraNan dc •Bar 1.4674 1.4703 3.4286 -57.20 NZ doflor 1.2194 1.2222 3*4286 -64-43236 words
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Article193 1987-03-12 9 MMMfll depot n rttM 7 doy« 1 w* us$ ONar aw 3/» l/» 5/S 1/2 9/1* 7/1* 9/1* 7/1* 9/1* 7/1* 9/1* 7/1* S/t 1/2 S ft Dm 1 aw* 2 Mrila 4 S/% 3 15/1* 4 1/4 4 1/» 4 1/1* Tan dap 3 13/1* 4193 words
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Article325 1987-03-12 9 HONGKONG: Gold closed steady yesterday in moderately active but lacklustre trading in the absence of fresh factors. Dealers said investors were sidelined as the metal appeared trapped between the US$4OO and US$4lO per ounce levels. The steady tone of crude oil prices and the dollar also dampened interest325 words
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Article, Illustration246 1987-03-12 9 Indicate* Via avaraga of prima landing rata* of 12 ma|er banks In tlnpapora mttf'Donk fofwopd 3pm yMtarday; i ratw at s$ om wo 1 -month 2.1435 XI420 2-mm* 2.1393 ***** 3 man* 2.1347 2.1332 6 2.1237 2.1217, Interbank market ri itee (offer/bid) on March 11 us$ DM246 words
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Article51 1987-03-12 9 THE OVERNIGHT rate on the Singapore interbank market cloeed K point higher at 1* per cent yesterday. S$ Interbank rates at 7pm yesterday: Oftor M Omt> •ri*» I 3/4 I 1/2 1-M* 3 1/4 3 t/t 2-MMh 3 5/1* 3 3/1« 3 3 5/1* 3 3/1* Own#! mod*51 words
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Page 9 Advertisements
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Advertisement316 1987-03-12 9 14 Otfwr Loam and Advance* Tha Company Other loans and advances The Group Other loans and advances Less Provision for possible loan losses 15 Factoring Receivables The Company/The Group Factoring receivables Less Provision for possible loan losses 19M Due wHhin Due after 12 monlhs 12 month* srooo ssooo 9.209 Due316 words
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Advertisement833 1987-03-12 9 n 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, 1962 between Sabah Development Bank and the Law Debenture Corporation pl.c. as833 words
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FEATURES
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Article477 1987-03-12 10 CATCHING ANTS can be a form of entrepreneurship. In the US, ants can be sold for a penny each. Who buys them? Another entrepreneur who deals in ant farms, according to Entrepreneur, an American magazine which caters to the own-your-own-business crowd. The ant catcher reportedly earns477 words
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Article, Illustration1377 1987-03-12 10 N R KLEINFIELD - By N R KLEINFIELD NYT EVERYONE WANTS to be a person of towering accomplishments. It's always a compliment when someone refers to you as a corporate giant. But what if you are literally a corporate giant? In group photographs of the top brass at Chemical Bank,NYT - 1,377 words
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Page 10 Advertisements
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Advertisement177 1987-03-12 10 V Y The Shangri-La British Airways Dinner Theatre presents lAN a HELEN LAVENDER COTTERILL GEOFFREY« SUSAN DAVIES EDMONSTONE CHRISTOPHER a HILARY RYAN 9 CRANE NICHOLAS FRANKAU EMMA DAVIES and PETER BYRNE V 32 7 V, fir fsm m \TA i v .HIS s 89 serosa ft (1)1 I? 8 This177 words
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Advertisement225 1987-03-12 10 Rabobank. \6ur partner for business with theNetheiiands. Rabobank Nederiand, with offices in Singapore, Hong Kong and Jakarta, provides a personal service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated Dutch cooperative banking institution with total assets of U.S. S 65 billion. It ranks among the largest225 words
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Page 10 Miscellaneous
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Miscellaneous653 1987-03-12 10 CRYPTIC PUZZLE 1 Two. but drinker may have had ona (6) 7 Chief Gl no more, perhaps (8) 8 Call up with a grin (4) 10 Emotional display* only acted? (6) 11 One little creature in a group (6) 14 Work in practice (3) 16 Hang around looking black? (5)653 words
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SPORTS
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Article, Illustration405 1987-03-12 11 UPI ALTHOUGH fans booed George Foreman's victorious return to the ring, the ex-heavyweight king seemed satisfied with his first fight in a decade. After stopping journeyman Steve Zouski of Milwaukee in Sacramento, California, on a TKO at 2:40 of the fourth roundUPI - 405 words
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247 1987-03-12 11 AFP TERRY MARSH's challenge to fellow English world boxing champion Lloyd Honeyghan has been rejected by Honeyghans manager, Bobby Neill. "Terry is a terrific, gutsy sportsman, but he wouldn't last more than three or four rounds with Lloyd," said Neill. Marsh, the new International BoxingAFP - 247 words
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509 1987-03-12 11 AP THOUSANDS OF FANS will line Portugal's winding, dirt roads to share the thrills of the country's gruelling car rally this week as the Lancia team battles challenges from Mazda and Renault over the 2,090-km course. Organisers of one of the. world's toughest ralliesAP - 509 words
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143 1987-03-12 11 AFP MALAYSIAN men's doubles stars Razif and Jalani Sidek have pulled out of the All-England badminton championships at i Wembley on the eve of the tour- i nament. I The second seeds were doubtful starters throughout the 1 weekend, as Razif had justAFP - 143 words
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248 1987-03-12 11 AP FORMER world record-holder Rob Decastella of Australia will return to defend his title at the Boston marathon, race sponsors announced on Tuesday. Meanwhile, the Boston Athletic Association (BAA) announced random drug testing would be conducted at this year's race. Under the plan, theAP - 248 words
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Article, Illustration318 1987-03-12 11 BRIAN MILLER - By BRIAN MILLER IF SINGAPORE didn't perform as well as expected in the re-cently-concluded President's Cup bowling championships in Jakarta, it wasn't for want of trying. Like all national teams, they had gone to Jakarta looking to put up a good showing. And with318 words
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Page 11 Advertisements
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Advertisement423 1987-03-12 11 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) The Directors hereby announce the following:AUDITED RESULTS POR THE YEAR ENDED 31 DECEMBER 19M Company SfOOO Total Income from Operations 2.5Q2 Operating Profit/fLoss) before Taxation and Extraordinary Items 1,994 Less: Income Tax (1,227) Operating Profit/(Loas) after Taxation and before Extraordinary Items423 words
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Page 11 Miscellaneous
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Miscellaneous1500 1987-03-12 11 w am mm® THURSDAY FEATURE SPECIAL Loving Couples 10.30pm, Channel 5 v r IB 5 PM SBC Text Sample Pages. Opening and Programme Highlights followed by Takeover (C, r). Musical Interlude (C). 3-2-1 Contact (r). Alexander Good buddy's Good News Magazine. Michel Strogoff (r).• Sea Visions (M). Programme Highlights. Centurions.1,500 words
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Miscellaneous14 1987-03-12 11 DOAR miss MP\LL|U€XL -"TV4IS UORtC is SUffcßB 1 THC cteßicpvL ejQuivMjarrop TwC. mOUft LISR14 words
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INTERNATIONAL STOCKS
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302 1987-03-12 12 Reuter CAR MAKER Volkswagen VW says it has uncovered a possible currency fraud which could have lost it 480 million marks (US$26O million). "Strong suspicions have emerged of punishable acts in connection with currency transactions of Volkswagen AG and in the detriment of the company,"Reuter - 302 words
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100 1987-03-12 12 FT FRANCE'S stockbrokers are to lose the monopoly over the trading of French shares which has been theirs since the time of Napoleon. French Minister of Finance Edouard Balladur announced on Monday a major reform of the structure of the French stockFT - 100 words
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Article78 1987-03-12 12 Reuter LONRHO PLC has issued a writ in London against Mohammed, Ali and Sayed al-Fayed and their company, House of Fraser Holdings PLC, as well as Kleinwort Benson Ltd and others. It said the writ claimed damages for "fraudulent conspiracy against Lonrho, and fraudulent andReuter - 78 words
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380 1987-03-12 12 Reuter INVESTORS returned to Wall Street on Tuesday with a strong desire to buy stocks as the market recovered what it lost in the previous day's session. The advance was led by a strong gain in IBM and other blue chips. Stocks involved in takeoverReuter - 380 words
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Article141 1987-03-12 12 1MAR 10 Abitibi CS 1 Ineo Int Prov Pipe 20% 46 lu Intt 22% unch 10% Kerr Addison 21% Loblaw Co 14% Bank Of Montreal Bell Canada Bp Resources 33% 41% 40% unch McMil Bldl Molson A Moore Corp Noranda In 73% 24% 31% 29% 2% -t-% Northgate Exp141 words
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Article198 1987-03-12 12 MAR 10 RAND MOUS TRIALS Tongaat Trust Bk Un Steal Wooltru 1010 150 75 1525 unch 5 unch unch A Alpha Abercom 1S2S 375 unch 15 KU 6700 -275 Aeci 1675 550 unch unch Angvaal *****6 unch AMIC 5575B Blyvoor Sulfate 2100 7300 -100 Charier 1000 unch CNA Currie198 words
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Article541 1987-03-12 12 MAR 19 IMS Eli Lilly 88 N L Induat Engelhard Cp 41* Nabeco Rj 80* 37 1* Natl Otst Cham 60* Alcoa 43 -1* Navistar 7 Alleg Intt 24* Finitont Tirt 38* unch NC« Corp 66* Alliad Sig 46* unch 14—» 84* +1* FMC Cp................. 32* X 96*541 words
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Article825 1987-03-12 12 Amsterdam MAM 19 U ABN 500 00 -14 5 105 30 15 5 Ahold 105 30 -7 7 136 00 0 5 Alranta 142 20 AMEV Amro Bank Am Stad 65 40 76 80 127 00 03 -08 -08 Barkal BOLS 17 70 14BQ0 0.1 5 Boraumij 146825 words
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Page 12 Advertisements
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Advertisement583 1987-03-12 12 iSS ds! N Wiiere to wine, sad entertain t! TEOCHEW PORRTDGT BUFFET $5 50 «b s T M 4** (per person You can enfoy savoury'homety dishes such as braised pork 9 steamed stuffed bean curd sambal tmnjai fried salted fish 9 sauteed chicken wrth mushroom sauteed cha poh omelette f583 words
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Advertisement120 1987-03-12 12 :]*@@?^;/[=[,'(<:|]`]>&&&^=]/!{ That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is free. And every night at 8 pm except Sundays. The Melody Band from the Philippines entertains in their inimitable style.120 words
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ASIAN STOCKS
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Article399 1987-03-12 13 HONGKONG: Share prices closed mostly firmer yesterday in hectic trading on late bargain hunting, following a sharply weaker opening triggered by selling of HK Bank. The Hang Seng Index rose 29.80 points to end the day at 2,760.90 after losing nearly 60 points initially. The Hong Kong Index gained399 words
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Article220 1987-03-12 13 MAM 11 AH Sincare Indus NT t 2.40 -0.12 Kuochan Oav Lea Chang Yuan 20 30 31.60 -ai -02 Asia Cement Cathay Con* 36 50 43 00 unch -0.2 Lien Hwa Indus Nan Ya Ptas 20 70 36 90 -08 0 4 Chang Hwa Bank 60 50 1 Pacific220 words
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Article439 1987-03-12 13 TOKYO: Shares firmed to a second straight record closing high in massive turnover as strong New York and London markets boosted bull- ish sentiment in Tokyo yesterday. The market average climbed 98.50 to a record closing high of 21,312.96, but had risen as high as 21,371.51, a record. But439 words
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Article85 1987-03-12 13 MAR 11 1 not MartlMl 0.002 unch Oriental B 0 025 unch Phil Overseas 0 041 0 001 Acoje Mining 0 006 -0 0005 Anglo Phil Phi la* B 0.38 unch Ptcop B PLOT 282 50 10 San Miguel B 119 -1 Basic Petroleum 0.012 0 001 Seatront 085 words
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Article405 1987-03-12 13 SYDNEY: Continued profit-taking among selected key industrials offset more general bargain-hunting and strong rises in the gold sector in active trading on Australian share markets yesterday. Brokers said many investors were wary of further gains with the market sitting just below record levels following a bull run since August405 words
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Article122 1987-03-12 13 HAM 11 Kal 1367 -13 CMI Sugar 2860 -♦•50 Kangwon Ind Kia Motor ***** 1790 500 -10 l|k<| 533 2 0—woo Corp 0—woo Haavy OaiaNn Sacuritisa Oooq Ah Ptvar Dong Suh Stock Doogbu Staal Gold Star Hanll Bank Hanil Csmant Hanfcufc Oiaaa 945 1280 4310 ***** ***** 2191 -15122 words
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Article143 1987-03-12 13 Reuter BANGKOK: The Stock Exchange of Thailand Index slid 0.43 to 217.35 on a turnover of 2,191,989 shares worth 336.4 million baht. Reuter MAM 11 MOT Saha Union 170 +4 yw-i Stem Camafrt 837 -12 AO "nfcn 1M........... ai.—. OMw Ayudhya Invaatmant 206 2 75- 1S Bangkok Aground 74.30Reuter - 143 words
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Article68 1987-03-12 13 Reuter NIPPON STEEL CORP and Inland Steel Co of the US are negotiating to set up a joint steel venture in Indiana. Several local newspapers reported the joint venture would be capitalised at US$l5O million, owned 60 per cent by Inland and 40 per cent byReuter - 68 words
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Article, Illustration365 1987-03-12 13 Difficulties in South-east Asia, says chairman Reuter THE HONGKONG and Shanghai Banking Corp, after reporting a strong rise in 1986 profits, said earnings growth this year would allow a 12.8 per cent increase in its dividend. It forecast an interim dividend of 12 HKReuter - 365 words
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163 1987-03-12 13 Reuter TWO RIVAL companies seeking to enter Japan's international telecommunications market are set to merge into a new company, according to the chairman of Tokio Marine and Fire Insurance Co Ltd, Fumio Wa tana be. Cable and Wireless PLC owns a 20 per centReuter - 163 words
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143 1987-03-12 13 Reuter JAPAN'S biggest condom manufacturer, Okamoto Industries Inc, has reached agreement with French and Italian companies on exporting condoms to Europe and is planning to try to start sales in the US. Italian condom-maker Hatu-lco SPA has already taken delivery of 160,000 grossReuter - 143 words
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Article137 1987-03-12 13 AP CHAMPION SPARK PLUG CO of the US will set up a 50-50 joint venture firm in South Korea to manufacture car spark plugs, the Korean partner announced on Tuesday. The partner, Danyangsa Co, said the joint firm, tentatively called Champion Spark Plug Korea Co.AP - 137 words
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Page 13 Advertisements
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Advertisement516 1987-03-12 13 4'd H m Wtere ia wim, aai« md iaMtia T/l' If Temptations served round the dock Only at Cafe Excelsior A delightful selection of western and local favourites Hong Kong style noodles and congee A superb High Tea Buffet Served daily from 3pm to 6pm <88> ExccKior Hotel 5 Coleman516 words
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Advertisement111 1987-03-12 13 Keeping them guessing, Page 17 3 IRRESISTIBLE OFFERS! 40% OFF all Premium brands and bottle rates Buy one drink and get one FREE Extended Happy Hour 12 noon Bpm Entertainment by 2 top bands nightly (6pm 2am*) flrnwcnons A popular show band from the Philippines &ictuvui Singapore's most popular band111 words
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Page 14 Advertisements
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Advertisement1442 1987-03-12 14 GREAT PACIHC FINANCE LTD AND ITS SUBSIDIARIES (Incorporated in the Republic of Singapore) Sluw* Capitol Authorised Ordinary shares of $1 each Issued and fully paid; Ordinary shares of $1 each Capital and Currant UabiOMee and Ptovl Deposits and savings accounts Trade creditors Other creditors Provision for taxation Balance Sheets, 31st1,442 words
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SHARE INFORMATION
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Article, Illustration4354 1987-03-12 15 HEAVY SELLING in the afternoon hit the market yesterday. and share prices fell sharply across the board. The Straits Times Industrial Index loat 11.99 points to 1,070.90 and the BT Composite Index fell 7.38 points to 941.53. Losers outnumbered gainers 147 to 49. Volume4,354 words
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Article113 1987-03-12 15 HONGKONG Hongkong Index Wednesday 1766.09 Tuesday *****9 Wee* ago *****6 Hang Song Index Wednesday *****0 Tuesday *****5 Week ogo 2890 93 All Industrials Wednesday 2587.9 Tuesday ***** Week ogo ***** NEW YORK Dow Jones Tuesday *****9 Monday *****2 Week ogo 2226 52 TOKYO Nikkei Average Wednesday *****96* Tuesday113 words
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Article234 1987-03-12 15 Managers' prices MARA-Bumiputra 'for Moid) 12 First B'putra Sacond B'putra *11 548 114 553 Singapore Unit Trust Third B'putra 4.29 414 Thn Co— rca Tha Savings Fund S'pora frog Fund S'pora Sac Fund S'pora Invast Fund S'pora Equity Fund ooooo1.12 3*7* 045 074 0M 0.54 Fourth B'putra Fifth234 words
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Article244 1987-03-12 15 SINGAPORE ots Rises Indlcss Marrt 10 Mm* II 1230 50 ■T Comport* •40.91 941.53 Ml MM kid 2*2 22 IT Mot* 5******1 ******73 i t 'SJ° 20 CTOt/O* 2*1 2M T ranaaorco ms 444 539 14 «TCA£X -4027 •*104 10 BTOSV *****2 *****5 UOI 939 10 ST244 words
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Article4117 1987-03-12 16 810 and offer prtcaa officially I Mod and buainaa* In and roportod to tha Stock Exchanga of ainyipofi yftitfuiy wnn u># numbar of iharaa tradad shown In brae kali in loto of 1,000 unite uniaaa ofharwiaa tpacifiad. All Tima Saotamant Contracts arc quotod altar Ota4,117 words
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Article2890 1987-03-12 16 BK> and alter prtoea Btoclady NMd and builnw In and reported to Vie Kuala Lumpur Stock Exchange yeatorday. wNh toe nuntoar of aharea tradad mown in bracliato In loto of 1.000 units unices otoarwlea MOUSTVUALS Vv7 m to im n mi n AS* IKBt KX&J2,890 words
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Article373 1987-03-12 16 SELLERS dominated trading on ttw Kuala Lumpur slock market yotlarday and shara prioaa aaaad slightly acroes tha board amid fairly trading. Only a handful of stocks, mostly Singaporebasad, managad to buck tha trend. Caaas in point wara DBS, which surged 40 cams to M 514.30,373 words
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Page 15 Advertisements
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Advertisement306 1987-03-12 15 •TiTri< rrn Despite the Group toss, there is a tax charge for the Group as tax losses of companies within the Group cannot be set-off aqainst profits of other companies within the Group The Company has unabsorbed tax losses of approximately $13,820,000 and unabsorbed capital allowances of approximately $394,000 as306 words
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Advertisement378 1987-03-12 15 (i) the state of affairs of the Group and of the Company as at 31st December 1986 and of the results of the Group and of the Company and the changes in financial position of the Group for the year ended on that date: and (ii) the other matters required378 words
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Advertisement13 1987-03-12 15 KL market report; Business dona on ttw SES and tho KLSE, Pago 1613 words
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Page 16 Advertisements
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Advertisement759 1987-03-12 16 Indian Overseas Bank (Incorporated in India) Central Office: 762, Anno Soloi, Modros 2 Balance Sheet As At 31st December 1965 BEARE CAPITAL (Wholly owned by Government of India) REBEEVE PUND AND Reserve Fund and Special Reserve CAPITAL AMD RESERVES CURRENT UAREJIUB AND (1) Current, Fixed. Savings Accounts and other Deposits759 words
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Advertisement82 1987-03-12 16 NOTICES SJLGBACE FTE LTD MEMBERS'VOLUNTARY J *vl 'vi/Z'J NOTICE OF FINAL 4 1 I v^ f J NOTICE IB HEREBY GIVEN that a Final Meeting of the abore company will 1m held at SSI. Victoria Street Singapore OTIS on 15 April IMT at 11.00 a.m. for th» porpoM of having82 words
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Advertisement194 1987-03-12 16 We, Hna Tat Trading Ttm. Ltd.. hrnbj |in aottoi that In oaanqoMM of ee* PurohaM a motor tmml M.V. "MAPLE" of Panama Fla*. Ws ban appUtd to ths Registrar of Btagspo*% Ships, under SNtioa 41T at the Merchant Shipping Ant (Chapter ITI, If MM*** In rsepcct of the ship M.¥.194 words
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COMPANY NEWS
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498 1987-03-12 17 AMY CHEOK - By AMY CHEOK TRANS-ISLAND Bus Services Ltd (Tibs), whose application tor a listing on Seedaq was approved last week, is to offer 15.5 million •Haras to the public in the second half of this month. The total number of shares to be offered498 words
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LATEST RESULTS
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Article62 1987-03-12 17 Group after-tax profit of $4.28 million or earnings per share of 8.56 cents compared with a foes of 7.38 million or foes per share of 14.75 cents for the year ended Dec 31. 1986. A final dividend of 5 per cent less 33 per cent tax (1986:62 words
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49 1987-03-12 17 Group profit after tax and minorities of M 533.02 million (100.86 million) on a turnover of $300.50 million ($015.00 million) for the nine months ended Dec 31. 1966. EPS is 7.6 cents. An interim dividend of 5 cents loss tax is payable on April 30.49 words
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Article63 1987-03-12 17 Group net loos of M 53.64 million (profit of $1.46 million) on a turnover of $6.56 million ($6.61 million) for the year ended June 30, 1066. There was an extraordinary loss of $10.42 million ($292,000), resulting in an attributable loss of $14.06 million (profit of $1.17 million).63 words
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Article708 1987-03-12 17 SHARES yesterday opened firm in moderate business volume, extending Tuesday's late gains on the back of the record Tokyo etoee end higher overnight performance on Wall Street At 0606 GMT the FTSE 100 index was up 7.6 points to 1,906.3. On Tuesday, the FTSE 100 was up 14.0708 words
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288 1987-03-12 17 AMY BALAN - By AMY BALAN GRAND UNITED HOLDINGS Bhd, the flagship company of Jailed Malaysian busineesman Tan Koon Swan, has appointed Kassim Chan Management Consultants Sdn Bhd as its advisere-cum-consultants. The appointment was made early this week, and comae lees than a month after the appointment288 words
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Article523 1987-03-12 17 A BIG morale booeter for Singapore's banking sector and the entire stock market has come from the strong 1906 profit performance put up by DBS Bank. The vote of confidence was evident yesterday when the bank, together with financebased stocks, led market gainers in spite of523 words
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Article481 1987-03-12 17 A BUSINESS TIMES reader called up yesterday morning, saying that he is a shareholder of Hongkong and Shanghai Banking Corporation (HSBC for short) and has reed that the bank is asking shareholders for money lots of it or HK$3.3 billion to be exact He wants Hsck481 words
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Page 17 Advertisements
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Advertisement85 1987-03-12 17 □a liWWX'll Japanese Restaurant s Choose from Kampachi's exquisite Japanese t Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents T to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese i. lunches. Priced at only $16++85 words
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Advertisement61 1987-03-12 17 Hongkong Land Highlights Profit after taxation up 67%. Dividend up 80%. Property revaluation surplus of HK53,959 million. Debt down to 31 of shareholders' funds. Dairy Farm demerged. Mandarin Oriental and Jardine Strategic Holdings demergers proposed. Portfolio 97% leased. Property market strong. Dividend to be at least maintained in 1987 after61 words
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460 1987-03-12 18 Reuter INTEREST RATES have increaoe4 end money is tighter at Indonesia comes to the end of what bankers and economists dsscribe as one of its worst fiscal years in two decades. Interest ratea have been raiaed by 2 per cent to 3Reuter - 460 words
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347 1987-03-12 18 Reuter JAPANESE Prim# Minister Yasuhiro Nakaaone will stop down only after his plana to reform Japan'a tax ayatem racaiva parliamentary approval, ona of Ma ctoaaat aktea aaid yaatarday. Tha aide, who daclinad to ba IdantMted, said at a private mooting: "MrReuter - 347 words
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436 1987-03-12 18 Reuter CHINA yesterday hailed a US Supreme Court decision dismissing claims by holders of pre-1949 Chinese bonds, but an American diplomat warned that Beijing had a long way to go before it could issue bonds in the US. A Chinese ForeignReuter - 436 words
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Article, Illustration547 1987-03-12 18 LEE HAN SHIH - By LEE HAN SHIH THE COST OF preventing road accidents is high. For every kilometre of expressway, the government will spend a few hundred thousand dollars on electronic equipment to keep drivers from running off the road or into each other. The money547 words
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383 1987-03-12 18 FACED WITH NO TAKERS for 22,000 vacant flats, the Housing and Development Board is taking stepe to ensure that a similar situation would not be repealed. Now that the building boom has passed, the HOB is also studying whether it should continue with383 words
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85 1987-03-12 18 Bernama THE NEW INCENTIVE package that has been formulated by the Malaysian government has prompted many enquiriee from potential foreign investors, eepecially from West Germany, Japan and the US. Speaking in Kuala Lumpur yesterday, Mr J Jegathesan, the director of the industrial promo- tion divisionBernama - 85 words
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Article68 1987-03-12 18 Reuter WALL STREET stock prices traded shsrply higher yesterday as IBM again took the lead and fuelled investor interest in other technology issues. Energy stocks also tacked on gains ss investors speculated that oil prices will riee even further. The Dow Jones Industrial Average sdvanced 11 pointsReuter - 68 words
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LATE FILE
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Article40 1987-03-12 18 Reuter SHANGHAI plant to reiy atmost exclusively on soft •o«n# to finance the construction of a number of large-ecale projects in the city, including sn underground railway system, Mayor Jiang Zemin said yesterday. ReuterReuter - 40 words
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Article31 1987-03-12 18 AFP TAIWAN and South Korea will jointly promote footwear export» to counter protectionist threats, mainly in the US, Taiwan Footwear Association chairman Chen Chin-eheng said yesterday. AFPAFP - 31 words
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Article69 1987-03-12 18 Reuter THAILAND said yesterday that it would rMumt thorny talks with Laos on fixing a new prica for electricity imports, a major sourca of Laos' foraign axchanga. Eiactricity officials said in Bangkok that they would visit Viantisna soon, but dadinad comment on Press reportsReuter - 69 words
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Article69 1987-03-12 18 Reuter WASHINGTON'S relationship with China will not affect its ties with Indonesia and is meant to create stability in the Asia-Pacific region, a top US diplomat told President Suharto yesterday. "We havs long made it a policy to hold consultations with Indonesia...about our developing relationshipReuter - 69 words
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Article57 1987-03-12 18 Bernama ES BANKS in Malaysis have not imposed s wags freeze but only wsge restraint. Bank Negara Governor Datuk Jaffar Hussein said yesterday. He said that the national interest required that this be done st this time since wages in the banking industry were higherBernama ES - 57 words
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Article38 1987-03-12 18 Bernama ES THE COMMONWEALTH Secretariat and Britain's Crown Agents lor Overseas Governments and Administrations yesterday snnounced in Kuala Lumpur a joint training in»tistivs designed to help Commonwealth countries combat rising commercial crime. Bernama ESBernama ES - 38 words
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Article88 1987-03-12 18 HOSPITALS may be the next place where smoking is banned. Or Kwa Soon Bee. Permanent Secretary for Health and director of medical servicaa, said yesterday that tha government is looking into legislation to ban smoking in hospitals. At present, legal action can only be taken against88 words
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165 1987-03-12 18 Reuter KING FAHO said yesterday Saudi Arabia wanted oil prica stability and callad on non-Opac producers to avoid harmful competition with the 13-nation group. His plea came ahead of a state viait that he will make to Britain later this month. The KingReuter - 165 words
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Page 18 Advertisements
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Advertisement78 1987-03-12 18 $$;$~-?&?^->,$`|\_*_~+$!=_>~|"< Itis too good to be true, there must be a'catsch'somewhere... V "v A 9% Yes, and the "catch" is from the oceans &l streams. There are salmons, squids, prawns, lobsters, clams, scallops, halibut all fresh and expertly prepared by the chef for lunch and dinner. At the Baron's Table.78 words
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Advertisement67 1987-03-12 18 ffiWKi An all inclusive package made easy for you: Airfare Standard room Airport transfer (twin sharingi Breakfast Arranged transfer to hawker centre tfetOawfUto*, MMMMhM For Reservations call htfipttHi lM)li<J.|\'S *****66 •s >0 k n Hi ?Mate ss s •j* f 1 3E if i lit I h 1I I I67 words
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Page 18 Miscellaneous
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SHIPPING TIMES
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455 1987-03-12 19 G DURAIRAJ - By G DURAIRAJ SHIPPING AGENTS in Malaysia have taken up a suggestion by the Malaysian Ministry of Transport to form a national body of shipping agents. The Port Klang Shipping Agents Association, which at present is the only body representing agents,455 words
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337 1987-03-12 19 IN AN unprecedented move, the Japanese authority has invited foreign companies to bid for the construction of ships which will be used to support its domestic project. Greenbay Marine along with Hyundai Heavy Industries of South Korea are among the 12 companies337 words
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129 1987-03-12 19 Reuter JAPAN plans to build a unique floating complex of shops, automated offices and a hotel in Nagasaki in a bid to save the recession-hit shipbuilding industry, the Japanese Transport Ministry said. Officials" said the 10,000 square metres, 10-metre deep steel structure, firstReuter - 129 words
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PORTSIDES
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Article101 1987-03-12 19 THE SHIPPING Corporation of New Zealand suffered a setback last year by registering heavy losses of NZ$2B million (US$l4 million), compared with profits of NZ$lO million in the previous year. Consolidated revenue for the year amounted to NZ$323 million, 10 per cent lower than the101 words
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Article57 1987-03-12 19 AFP A MEXICAN navy ship found a floating container from the cargo of the missing Mexican freighter Tuxpan midway between Bermuda and the Azore Islands. The ship disappeared two weeks ago in a storm. The Mexican navy is searching a zone of 18,000 square miles forAFP - 57 words
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Article1015 1987-03-12 20 MORE INTEREST is reported in grain out of the US Gulf on Tuesday, with the slighty higher rate of U5514.50 being paid for a voyage to Japan, ship brokers said. However, this business is reported to involve much longer load/discharge terms than normal and equates to about $*****1,015 words
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693 1987-03-12 20 AP MARIO, a 24-year-old hotel i worker in the Philippines, was t delighted when an agent told i him he had a job for him as i maitre d' aboard a cruise ship j out of Miami. t Mario paid theAP - 693 words
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164 1987-03-12 20 ITEL CORPORATION has acquired the container fleet of Flexi-Van Leasing. This will provide Itel control of 370.000 TEUs making it the largest container leasing company in the world, ahead of GelcoCTI. The deal represents a major comeback for Itel which spent the three164 words
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Article705 1987-03-12 20 AB Shpg V 5 Accord Shpg VI 3 Africa Ocean IX 4 Alltrans VII 3 Anro Service IV 2/3 ANL 1 1/2 APC 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 4/5705 words
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Article, Illustration354 1987-03-12 20 WARTSILA MARINE Industries will deliver a cruising ferry to one of the three joint owners of Viking Line. Rederi Ad Slite in the spring 1989. The contract, signed on Feb 24 in Helsinki, also includes an option for a sistership. The vessel,354 words
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Article179 1987-03-12 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping AMRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line179 words
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155 1987-03-12 21 Seatrade Week THE UNITED STATES Federal Maritime Commission has commenced an investigation into alleged malpractices by Taiwan-based Yang Ming Line. The investigation centres on whether or not Yang Ming transported cargo for rates different from those in its published tariffs. The action seems inSeatrade Week - 155 words
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600 1987-03-12 21 THE FAILURE of United States Lines round-the-world gamble could have cost carriers active in the mainstream container trades up to U552.75 billion in lost revenues. The analysis "McLean v the Rest" by Container Briefing estimated that US Lines itself lost more600 words
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361 1987-03-12 21 Herald of Free Enterprise disaster Reuter TWO HUGE FERRIES due to come into service on the channel this year are likely to comply with new safety recommendations following the Zeebrugge disaster, operators Townsend Thoresen said. A spokesman said all theReuter - 361 words
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346 1987-03-12 21 Reuter THE WRECKED British car ferry lying on its side off the Belgian coast could be righted in three weeks and the 81 bodies entombed there freed, salvors said. Belgian justice authorities investigating the tragedy in which 134 passengers and crew diedReuter - 346 words
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Article187 1987-03-12 21 ALL SURVEYS are conducted on Feb 24 Argentina Buenos Aires 25 vessels operating. Australia Brisbane Normal operation; Melbourne Normal operation; Sydney Normal operation. Bangladesh Chalna 10 vessels operating; Chittagong 15 vessels operating. Brazil Santos Waiting time of up to 2 weeks. Chile Valparaiso Normal operation. China Dalian and187 words
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Article134 1987-03-12 21 AFP THE CAPTAIN of the ferry heard a big crash just before it sank on Friday night, and the ship had started to back up when it capsized, an official of the Townsend Thoresen. Townsend executive Paul Ellis said Captain David Lawry mustAFP - 134 words
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6756 1987-03-12 26 AARHUS Axel Maersk, Maersk Line, Mar 12. Chun He. China Ocean Shpg, Mar 14. B Butang/fl Bhum. ScanOutcht, Mar 16 Nik Tikhonov. Bait Orient Line. Mar 17(PK). Ever Garden. Evergreen. Mar 18. Tang He. China Ocean Shpg, Mar 20. B Butang/R Bhum,6,756 words
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Article1471 1987-03-12 27 Who acts for whom The leading shipping lines operating from local ports and their agents A —B AB Shipping Boustead Shpg Agencies Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agancias (S) Multiport Sdn BM (PK). Alltrans Alltrans Express American President Lines APL (S)/Boustead Shpg (PK/PN) Antah Orient1,471 words
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Article126 1987-03-12 28 TMt wsafcly report is prapartd by Varitaa Pstrolaum Swvicw, London. Tho information, minimum and maximum lavsls, is baaad on HmMod sampiss from motor vs»»slt analysod in its liiinrstoriai Mora comprahanaivs fuai quality information is pootad to participants in tha Varitas fuai quality tasting pro- Area/Port Viscosity126 words
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Article1240 1987-03-12 28 AT CONVENTIONAL WHARVES Viml Berth Arrival, Departure KEPPEL WHARVES Equator K22 olongside 12.03/2359 Hunza K32 alongside 1203/0600 Iweri K28 alongside 12.03/0600 Kota Baktt K33 alongside 1203/0600 Koto Fojar K31 alongside 1203/0600 Kota Sejati <30 alongside 1303/0600 Ku-Toi K35 alongside 14.03/0700 Orient Princess K36 alongside 12.03/1800 S Venture1,240 words
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Page 19 Advertisements
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Advertisement547 1987-03-12 19 Mammoth Hunters J«an M. Au«l ft 41 L 3 CORONET BOOKS TT Aftnts JAROME SNIPPING AGENCIES (Itaf. M. HM4I OOK SO CpMmM tod #12-05 SouaipoMt, Sinpport 081 Miff/ T«l 221 nil TELEX NO RS ***** Orient Ovh<jeas Cmtaimn Line NORTH AMFRICA ATLANTIC FXPRFSS (ROUND THE WORLD ROUTING I [^2 TEMINAL/CFS547 words
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Advertisement57 1987-03-12 19 mm OFFICIALS say manning agents prey on seafarers. Pag« II THE FAILURE of United States Lines round-the-world gamble could have cost carriers octive in the mainstream container trades up to U552.75 billion in lost revenues. Pag« 111 Index to advertisers II Shipping schedules VIII London freights II Ships in port57 words
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Advertisement624 1987-03-12 19 SHE HAD POWER. SHE NEEDED LOVE SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE But what is the price she has paid? Available at aK good bookshops MAERSK LINE LCtACttmHK Ji HONG KONG AND KEELUNG next sailing "CORNELIA MAERSK" etd 17.3.87 S A ir' F 17/3 IM Rando624 words
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Page 20 Advertisements
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Advertisement335 1987-03-12 20 $3 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN 6ULF AND INDIAN SUB CONTINENT Also accepting ca'gc to 41l U K destinations Scandinavian (Aar*i«s Copenhagen Gothenburg) a-*3 cthe' European Kand points OUTBOUND TO MEDITERRANEAN Aso acxeptng FCL Ca r335 words
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Advertisement282 1987-03-12 20 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 09-*****60 i MALAVWA son. BNOL TLX: ***** MTM Frt Booking contact Miss Gsn Further load/ discharging SnpponAfMt Goodrich In on routs tubjcel to aufflciort inducement W Pte Ltd. Tot: *****36 Tlx: RS ***** GRMSIN The Super System Super-carrier Service KB 835 Barber Blue Sea 71282 words
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Page 21 Advertisements
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Advertisement617 1987-03-12 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd noyyit P&O Limited 3 f/Ki ;n a.i on w an a* m W 11/4 I*4 M/ 4 K/4 11H I*4 lift I*4 aH4 vn tm nn an an MN w an an mn mfi *ii mfi «n ms mfi lifi ii/s617 words
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Advertisement743 1987-03-12 21 Franco Belgian Services I t-t fr.n. h th It, ,r r I MEMBER OF ACE CONSORTIUM! ACE TOfWOtlff C R PARIS ORIENTAL CHIEF tUMmPKIMni rtORCMELAKU Nral'ta rStan Nm B'Hhm Ant Mm ITI« fHw* A'«•» UtavrtPJ ItkrQißv) I Apr 7 Apr I Apr U Apr 12 Apr M Apr NEPTUNE CRYSTAL743 words
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Page 22 Advertisements
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Advertisement315 1987-03-12 22 c Hapag-Uoyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI-CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK,CONTINENT Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50 CFS *****48 Penang *****7, Terminal *****33 *****3 mm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT315 words
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Advertisement695 1987-03-12 22 lei: *JuHl JIC&LINE tun imtfmt FULLY CONTAINERISED SERVICE TO EUROPE VIA SUCZ 1 Mfmbff ot thf ct Corswtmm ACE CONCORD m C.R. PARIS W KOREAN JACEJIN m ORIENTAL CHIEF SM S port P Kalang 11/3 (11/3) 25/3 <23/3) 1# (303) 1/4 (W) FROM [JROPF VIA SUEZ a Mfmb ,hp cp695 words
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Advertisement381 1987-03-12 22 INTERCONTINENTAL T| TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: •FAYROUZ 2 IT C-003 22/3 30/3 SINGAPORE CALICO SNIPPING PTE LTD Tat: 228 M TU: RS SOU CAUCO FAX: 22*271 POUT KELANG PERKAPALAN UTAMA SON BHD Tal: MUM KOTA KINABALU KESAWAN SHIPPING SON BHD Tal: 21 KM (3 Km)381 words
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Advertisement1078 1987-03-12 22 M 1 J EVERGREEN Full Container Service Round-Th®-World East Bound (FE/CARIB/USEC/EURO/FE) MR GATHER EVER GUIDE EVER LIVING EVER LEVEL EVER GLORY EVER LINKING HKG KSG KLG PUS OSK TVO KSN CM RVC w on w w www manniiv*---vn mm Ifi *4 «4 4/5 4/5 12/5 IN 12/4 M/ 4 M/1,078 words
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Page 23 Advertisements
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Advertisement432 1987-03-12 23 PACIFIC INTERNATIONAL LINES \W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE MA HAWK SEA HAWK BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE RED SEA/EAST AND WEST AFRICA SERVICE CHINA SERVICE BANGKOK SERVICE INDONESIA SERVICE MALAYSIA SHIPPING CORPN SDN. BHD, FULL432 words
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Advertisement327 1987-03-12 23 THONG SOON #09-00, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT BUILDER 111 BUILDER 111 JATOR IV SINGAPORE TO BRUNEI CONTAINER FEEDER SERVI SINGAPORE/BANGKOK With Reefer, and FCL Container Service SIRIBHUM 311N 14 Mar327 words
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Advertisement648 1987-03-12 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT m w in #4 UX UX MX I*4 ax mx mx ux ux ux m ax nx w 2*14 ax ax at* m w 4n tn m m *S Ufl Ufl Ufi ISA ih i» M m W W W ID SD648 words
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Advertisement459 1987-03-12 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA HOT! P.T. BESURI IIOYD P.T. SAMUDERA IMOONESIA P.T. TRIKORA LLOTR J rr SPORE BILBAO BREMEN A'DAM/11'DAM H'BURC 10-13/3 14/4 un an 17-28/3 1W 20/4 24/4 25-27/3 23|4 IK 2$ 8® *B 18 cargo to also Arctrr^*S?nf^TajiSVs T c»nven tional cargo via t/s459 words
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Advertisement344 1987-03-12 23 BOUSTEAD SHIPPING AGENCIES SAGAINC V7W LASH 10 vm PA-AN VMM 104 KAW VUIW PAGAN VUIW BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok In Pt/12 Mar 15/17 Iter 17/H Iter am Mar 11/19 Mar nmmr s» BANK LINE FORTH BANK VIBN TAMAITAI SAMOA344 words
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Page 24 Advertisements
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Advertisement1152 1987-03-12 24 Kline KAWASAKI KISEN KAISHA, LTD. FEEDER VSI A. ST A* VSI ■OTHER VSL SPORE PKIG PNG SPORE KOBE GUAYAQUIL CALLAO ARKA IQUIQUE AFAGASTA S. ANTONIO VALPARAISO TIN VSL U Mar 12 Mar 13 Mar 15 Mir 3 Apr 7 May 15 Mfy II Iter CENTRAL fiMffirn TflH—Tflll SEA FEEDER VSL1,152 words
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Advertisement737 1987-03-12 24 AUSTRALIA EXPRESS CONTAINER SERVICE PCUFCL CowWiiw ESTECLIffM *12 17 Mv "KABIROAS" *J3 22 CAUSA* *33 4 Apr KAMOAS" VJI 10 ESTECUPPtt *.1321 Mw "CMANOIDAS" »J5 21 CALABAR »J» tMa* -KABIROAT VJ4 IS S*P« 11Mb fiwi SyOn Alas Accapts -KASIRMT *J3 22 Iter S Apr 15 Apr 13 Apr AM/Bm "RAMDAS"737 words
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Advertisement626 1987-03-12 24 GOLDEN LINE GUMt GUM SWPING (PTE) LTD 21. I*t h* !»••< mm no* TU sMM (it UK) STRAITS/PERSIAN GULF SERVICE: s-pn Man* fw* GOLDEN WONDER C<famMtfKaiaeM/Oubei/Oammen 2® 5? GOLDEN BEAR CotomWUndii/Mai/M» 8/30 UK CHINA OCEAN SHIPPING If T KaracM Sharjab GAO CHENG 1 NMC CHENG UNGQUANNEi W 2*3 Si 3J626 words
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Advertisement439 1987-03-12 24 INTRflSift (PTC) LTD 15 Hop Chi»n c R,, a 0 0? 03 Snnford Building Singapore 0208 Tel *****11 ilO llneij Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK S port p. feUi* V ADELINA OK SalM hi PI N.V AGKH NIKOLAOS PCS Ufl 25/3 INTRASEA BINTAM LTD BOOKIM Z24KU M CO.439 words
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Page 25 Advertisements
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Advertisement744 1987-03-12 25 NOL NEPTUNE ORIENT LINES LTD %Mto S par* NEPTUNE AGENCIES PTE. LTD. TaMtoOffka Tinwul CFS BOOKINGS 27m 77 mum rmtvt OK 04RECT LINES MUtant FEEU/AUST TPA/SEA 27K7V3 ***** C 2mm *****19 *****16 *****11 vmm NEPLINE SON. BNO. 3M7 NEPLINE SON. BNO. 2U4OQ NEPIINE SON. BNO. 62OUS/*****0027N1/*****2 NEPLINE SDN. BHD. 2W40/*****1744 words
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Advertisement491 1987-03-12 25 NEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON Vhml i Nam S port No 7 Donm/TOM 14/3 Goddm/704 14/3 No Oon»m[mti Tifi Mount Errt/70) 7/4 No I Dotum/TON 11/4 No Donam/7Q3N 2/5 PKalani Pan. *3 ItmOff-Mra) W 14/4 11/4 2V4 M OHO hra 1200491 words
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Advertisement522 1987-03-12 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 CaMeAddress SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** r. KtLANG PfMAMC M/S HANDLING SYSTEM CO SON. OHO. MEBRS HAI TNON6 SHIPPING 127 S»«, P—ft VKSttßsraar PASIR522 words
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Advertisement49 1987-03-12 25 Hi >/\/ JAPAN MOMCKGMC STRAITS Homfcong SMppara P.Klant Pan ORIENTAL RUNNER V.ISA MM Q*t K» NIPPO HAW VIA SM 13/3 11/3 YOSMIUM V.I2A 11/3 21/3 HELIOS 2 VIA 21/3 26/3 SHIMJSAWA MEISHIN ft N.T.Y. TPTN CO. PTE. LTD., 143, Cwil Strwt, ill-M GS BuiMf« S>ara MS TEL 22M8 (2 Um)49 words
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Page 26 Advertisements
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Advertisement321 1987-03-12 26 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225-6868 (30 LINES) TELEX: RS 293 M A/8 SSCMA, RS ***** A/B SSCAO H [)f iTf-HAI.HT SEEREEDERE I ROSTOCK FORTNIGHTLY FULL CONTAINER SERVI n IT' M" -VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Port Said, Iraqi, Iranian and other Middle-East destinations. 111' r t REGULAR321 words
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Page 26 Miscellaneous
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Miscellaneous159 1987-03-12 26 Regional Weather sb N m m wm s? tern SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND b^' Wind direction with speed in knots Wave height One half tleche represents 5 knots R Thunderstorm Temperature C X\ U Shower Weather Wmd direction with speed m knots Rom159 words
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Page 27 Advertisements
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Advertisement204 1987-03-12 27 CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR mm msJ*. win WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER I. WTMN 3M B BUTANC 3D B. BUTANC 22S I. PERMAI VI OTHER DESTINATIONS: AARHUS, AMSTERDAM, ANTWERP, BASLE. BREMEN BREMERHAVEN, COPENHAGEN, HELSINKI, NALMO. OSLO. STOCKHOLM, UK.204 words
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Advertisement625 1987-03-12 27 I// Hai Sun Hup Co (Pte) Ltd L_l TFL *****06 (20 Linesi TLX RS ***** &RS 2067? t I \s I I K K I I\ I K II!) J STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS cfmtd mtd Idg for Kaohsiunf Loading at afprifriiM Barth P4-P5 NOTE: ALSO CALLING625 words
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Page 28 Advertisements
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Advertisement128 1987-03-12 28 •FARGO SHIPPING COMPANY(PTE)LTD. REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE MBOUND AGENT FOR ABC CONTAMERUNE Vtl E HUDIG BWSSEL Sailed Sailed Sailed Sailed ETA SINGAPORE BUNGA KEMUNING 19 11-19/3 RAT ANA BHUM 113N 16/3 BUNGA BUTANC 322 17/3 15/3. 11/3. 20/3 In Pt. 19/3, 2S/3, 2/4 13/3. 20/3, 27/3. 3/4128 words
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Advertisement387 1987-03-12 28 rrr—yw rrvr SIM! PARK? SHIPCINi, fit I I(» '.■I s;hhk S i'. i.'t M «in agent Maritime Transport M s a Sdn Bhc3 M 4- S oo'e agent Tran»intra Shipping ci Pie Ltd ***** >"P T BMJM WNR PTE. LTB. 20-09, Too® Eng Wdg, 101 C*cfl Si. S pore 0106.387 words
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Advertisement42 1987-03-12 28 INTEROCEAN LINE TIL: 71M734,******4 TLX NO. MA S7M3 ACCEPTING CARGOES FOR THE FOLLOWING PORTS I' i Uw'Jm C tJLIMK FCL, lcl, conventional BOOKING AGENT FREIGHT MANAGEMENT CONTACT: LYN/MARY *****11 ti TflVO INTERNATIONAL PTE. LTD U i I .n.-s) T t KS 'S42 words
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