The Business Times, 16 March 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 MONDAY, MARCH 16, 1987 75 CENTS
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  • 607 1  -  Money market becoming more mature, say bankers By SOH TIANG KENG, Financial Correspondent BANK OVERDRAFTS in Singapore have dropped during the patt two years as borrowers made the gradual switch towards short-term loans. This decline, as bankers see it, is a logical trend as
    607 words
  • 318 1 NIXOORF SINGAPORE'S much touted artificial intelligence (Al) project has been placed on the back-burner following a decision to adopt a "practical approach" at its planned software development centre. Computer systems have been ordered and will be installed when the company moves into its new
    318 words
  • 291 1 Bernama ASEAN COUNTRIES cannot be expected to establish a common market for a long time to come but they should start thinking of having a customs union under which the national tariffs of each country ire harmonised, a West German economist said in Kuala Lumpur yesterday.
    Bernama  -  291 words
  • 123 1 Reuter IRAN has deployed about six large missiles near the Strait of Hormuz which increase the threat to shipping in the Gulf. The New York Times said yesterday. The paper quoted US intelligence sources as saying the missiles appeared to be of a Chineee design known
    Reuter  -  123 words
  • 388 1 Bernama THE MALAYSIAN Prime Minister has reminded members of the United Malays National Organisation (Umno) wishing to contest for key posts in the party not to use democracy as the sole reason for doing so. Datuk Seri Dr Mahathir
    Bernama  -  388 words
  • 142 1 Bernama UMNO YOUTH leader Anwar Ibrahim has said he does not want to be dragged into a political embroilment with top Umno leaders. "I do not want to be involved in this situation and have personal enmity with other Umno leaders," he said when
    Bernama  -  142 words
  • 568 1  -  By ALVIN TAY SOME SIGNIFICANT CHANGES to the judicial management framework have been suggested by the Select Committee on the Companies (Amendment) Bill, which if approved by Parliament, would provide even greater protection for shareholders, creditors and employees of ailing companies. Those proposed
    568 words
  • 101 1 AFP EIGHT NATIONS, including Japan, the US and France, have agreed to extend a joint loan totalling US$4OO million to enable Brazil's Varig Airlines to lease a fleet of passenger aircraft, a Tokyo newspaper said yesterday. The loan would supply funds to a US
    AFP  -  101 words
  • Page 1 Advertisements
    • 360 1 Need a housing loan? 1 I I < K)\( i 737-7977 ■Jri VNfcyfoong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill M 3-00, Claymore Plaza. Singapore 0922 MANAGEMENT THE FUTURE business of international air cargo company, Emery, will grow from the desks of its customers,
      360 words
    • 343 1 Putting the maritime image in shipshape I w I r i 4 f I TO THE SURPRISE of many of us who are not in the •hipping business. Lloyds said in a recent study that Singapore had an image problem. Not only are our maritime facilities not well publicised, the
      343 words
    • 121 1 ib'm Vyf* tm in A A-ONE BOUTIQUE PTE LTD LIANG CCX*T COM>IEI in BivEß VAU.EV «OAC UNIT 02-'» SINOPOBt OS'* TEIE« RSJ9K* »CCGi U L ?3(6730 < Because of Atsnko's determination, no other aiiiine can offer you this: i4"i> r h a. J 0 f Vr> s~ 0 THE JAL
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  • MANAGEMENT
    • 1561 2  -  "Dig ourselves into the ground" is an often-used German expression of rootedness. It is also an expression of German computer-maker Nixdorfs sense of belonging in Singapore. BRIAN GOMEZ discusses Nixdorfs strategy and efforts to sink its roots deeper in Singapore and the Asian-Pacific region.
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    • 709 2  -  ■y TONG SUIT CHEE THE FUTURE business of international aircargo company Emery will grow from the desks of its customers, not from the company's desk. Not literally, of course, but Emeiy's chairman, John C Emery Jr, is trying to make a point
      709 words
    • 595 3  -  This It the second In a series of monthly tips on Industrial engineering from the National Productivity Board. The series alms to help small- and medium-sized enterprises to identify causes of common problems on the work floor, and suggests ways
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    • 1256 3 The technique is Japanese, but the consultant imparting it even to the Japanese themselves is American. Roy Harmon off Arthur Andersen Associates, Is one of the foremost exponents of the "Just In Time" philosophy of productivity improvement in the manufacturing process. Mr Harmon was in
      1,256 words
    • 1452 3 FT A TRANSFORMATION is taking place in the UK workforce. The predominance o! secure full-time jobs is giving way to temporary workers and those who work part-time, at or for themselves. By 1965, one in three of those in employment were flexible workers. According
      FT  -  1,452 words
  • Page 2 Advertisements
    • 174 2 w&w I I ■I w 3ll •>S J ?21§S i mm k*e. ml' £Ri &£&s fe t-ST i «pwr 1 aj^V: .:>- Wr >- < m^mt T mMWWW*M V'T s /£r >y .i?. .<.*, t ZJ* r '<l a Forget the old expensive ways of printing, don't waste time waiting
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    • 65 2 DISCOVER THE FRENCH WAY OF EATING COURVOISIER IP C~i~ "C. r~ mk 4 m ?/v,;t"|;' mt *#p ®p M M "SP i sf.-". 'A wm 581 Orchard Road, Singapore 0923. Tel: 737-2233. FACTORY FOR LEASE Rental: 60* per sq.ft. AREA: 10,000-60,000 sq.ft. FACILITIES: January, WIRTi vpnniw tytwri) electricity 100 KVA
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  • Page 3 Advertisements
    • 159 3 JAFAN canbeaffordabte. NTA HOTEL FttSS With the NTA Hotel Pass you can get a room in Japan for an unbeatable SsBs/per night Accepted at 86 member hotels in 50 cities throughout Japan, it is an economical alternative for business and pleasure travellers. JAmN RAIL FASS This pass allows unlimited travel
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    • 377 3 2 nights and 3 days at the Mandarin Singapore SS2os.oonett*! Mandarin Executive Package Deluxe room in the Main Building Complimentary fruit basket Chinese tea service in room upon check- in Welcome drink Free use of Mandarin Recreation and Health Club 111 facilities (except for massage and squash/ tennis courts) Complimentary
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  • ASIA-PACIFIC
    • 436 4 UPI CHINESE PREMIER Zhao Ziyang has claimed success in a drive to wipe out capitalist trends but warned propaganda workers that the struggle against "bourgeois liberalism" must not affect economic reforms, the official Xinhua News Agency reported last Saturday. The speech by Mr
      UPI  -  436 words
    • 222 4 Reuter WASHINGTON is focusing on currency appreciation as a way of forcing Taiwan to reduce its huge trade surplus with the US, a senior trade official has said. Vincent Siew, director of the Board of Foreign Trade, said Washington was demanding faster currency
      Reuter  -  222 words
    • 374 4 FT AUSTRALIA'S Labour government, with one eye on a possible early general election, last Friday announced a series of measures intended to combat price rises. The move, unveiled by Prime Minister Bob Hawke, involves the creation of a new Bureau
      FT  -  374 words
    • 377 4 UPI RIVALS to President Corazon Aquino launched their campaign for seats in the powerful Senate on Saturday, insisting that a "strong, meaningful and responsible" opposition is essential to restoring democracy and preventing one-party rule. The candidates led by ousted defence minister Juan Ponce Enrile unveiled a
      UPI  -  377 words
    • 290 4 Bernama ES THE EUROPEAN Free Trade Association (EFTA) countries have the highest export per capita in the world, an economics professor at the Graduate Institute of European Studies, University of Geneva, said. In his paper presented at the 10-day first Asean
      Bernama ES  -  290 words
    • 111 4 AFP SRI LANKAN troops have recaptured virtually all of the island's northern and eastern areas and Tamil militants are finding the latest military offensive tough, a Tamil rebel leader has said. "We are unable to withstand the combined onslaught by land, air and sea." C Sunder
      AFP  -  111 words
    • 340 4 US envoys tried to provoke war Iranian official AP THE US ENVOYS who visited Teheran last year claimed 36 Soviet divisions were massed near the Caspian Sea. ready to sweep south across the border into Iran, according to an Iranian leader. Parliament Speaker Hashemi Rafsanjani declared in his weekly prayer
      AP  -  340 words
    • 112 4 Reuter MOST SOUTH KOREAN intellect tuals distrust the Japanese but think it a necessary evil to seek friendship with them, an opinion poll issued on Saturday said. The survey, by the local office of the New York-based International Human Rights League, said just over 2
      Reuter  -  112 words
    • 812 4 ARRIVALS Operator S«rvic« From numbor Hnw SU SO 4 3 0815 DHA/IOM MAS MH681 0820 KUL SU SQ45 0900 MRU/CMS MAS MH811 0910 PEN Al AI452 0915 BOM MAS MH671 0920 KUL SU SQI03 0950 KUL CPA CX710 1015 CGK RIA ***** 1030 BWN GU GA960 1100
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  • Page 4 Advertisements
    • 302 4 THE GOLD COIN STANDARD i.Zm V to*" v t ,*4 Gold is the one commodity that has long been valued as the basis for sound financial planning. Esteemed for its enduring value, gold is a long-term insurance against monetary, political and social uncertainty. It is held by international bodies, governments,
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    • 3 4 See Page 5
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    • 60 4 I I I I business person's choice, every I I II \I I II II I Tuesdoy, Saturday and Sunday. I A /I I 71 /I Leaving Chongi Airport at 22:05 -L F 1 hours and arriving Heathrow at 06:45 hours the following morning. Call your Travel Agent or Air
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  • Page 4 Miscellaneous

  • REST OF THE WORLD
    • 405 5 AP §OME THIRD WORLD countries will default on their debts if commercial banks continue to take back more money in repayments than they put out in new loans, tne head of the Inter-American Development Bank has said. "For the banks it's convenient
      AP  -  405 words
    • 178 5 AP PUT AN Italian man with a French woman and what have you got? The perfect couple, according to Europeans, who rank Italian men as the world's best seducers and French women as the most seductive. J A poll published Saturday in
      AP  -  178 words
    • 343 5 UPI likely to be successful adults and more likely to be convicted of criminal offenses when they grow up, a 22-year study by two psychologists indicates. The study by University of Illinois at Chicago professors Leonard Eron and L Rowell Huesmann began
      UPI  -  343 words
    • 315 5 AP GERALDINE Ferraro, Democratic Party candidate for vice-presi-dent in 1984, called on women leaders from 42 nations on Friday to design a "global blueprint" to give women a greater role in politics. Ms Ferraro said in a speech at the
      AP  -  315 words
    • 462 5 Reuter, AP PRESIDENT RONALD REAGAN has for the first time admitted he was wrong to sell arms to Iran in an initiative which four months ago plunged him into the worst crisis of his presidency. He made the admission last Saturday in his
      Reuter,; AP  -  462 words
    • 411 5 UPI LECH WALESA, founder of the outlawed Solidarity Polish labour union, said on Saturday that the new Soviet policy of "glasnost" or more openness could bring major advances of a destructive revolution in the East bloc by the turn of the century. He
      UPI  -  411 words
    • 177 5 Reuter WEST GERMAN Foreign Minister Hans-Dietrich Genscher said the West should not regard a new Soviet openness as a sign of weakness and warned that attempts to exploit it would lead to catastrophe. Mr Genscher. addressing a meeting of his Free Democratic
      Reuter  -  177 words
  • Page 5 Advertisements
    • 72 5 i Ermenegildo Zegna Boutique. 102-21/23 Wisma A tria. 435 Orchard Road. Singapore 0923 Tel: *****12. Open I Oam to Bpm daily Boutique corners at Tangs Superstore and Metro Grand ILucky Plaza) Sole Distributor: Diethelm Singapore Pie Lid (Consumer Division/ Ermenegildo Zegna After donning Ermenegildo Zegna for the first time ever,
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  • 410 6  -  By ALVIN TAY Banking Correspondent A TAIWANESE contractor, RSEA International Re Ltd, is raising $30 million as working capital for a Mass Rapid Transit job. A joint venture in which it has a half share won a $100 million contract to build
    410 words
  • 431 6 AFP JAPAN has decided to accept new rules on the use of development aid as part of export credit packages for Third World nations. The Japanese move came two days ahead of an agreed March 15 deadline for approval of a deal proposed last January
    AFP  -  431 words
  • 210 6 Asian market ASIAN CURRENCY avorag* deposit rates for th« w**k •nded March 13 BIO PRICES US High Low 7 day* 6 1/4 6 1/16 1 mew* 6 1/2 6 7/16 2 moiwhi 6 3/8 6 7/16 3 —W#M 6 7/16 6 3/8 6 momto 6 7/16 6 3/8 9 monltw
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  • 303 6 Green Collier Bullion Pte Ltd BULLION PRICES retreated to settle near the week's low after failing to overcome strong resistance around USss4lo (basis spot). At New York's commodity exchange, spot gold dipped US$2.3O below last Friday's close to finish at U*****.90
    Green & Collier Bullion Pte Ltd  -  303 words
  • 432 6 Traders take wait-and-see attitude Currency outlook US dollar: Roller-coasting within the G-6 trading range. SwIm franc: Fundamental advantages. Sterling: On cloud nine. Yen: Muffled optimism. UBS Union Bank of Switzerland WHILE only affected slightly by major determining factors. the foreign exchange markets
    Union Bank of Switzerland  -  432 words
  • 229 6 International Discount Company Limited THE OVERNIGHT RATES opened on an easier note last week. Rates were traded trom an opening level of 2 1-7/8 per cent to 1-1/4 one per cent before closing steady at 1-3/6 1/4 per cent. Term funds reflected the
    International Discount Company Limited  -  229 words
  • 470 6 PLR of bonks at the close of business on Friday, March 13, as supplied by the Association of Banks in Singapore. BANK put Algemene Rank 6% American Express Rank 7 Am'Dam R'terdom Bank 6% Arab Banking Corp 7% Arab Bank Ltd 7% Asia Commercial 6% ANZ Banking
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  • 186 6 Indicates the average of N prima landing rates of 12 major banks In Singapore r > Interbank market rates (offer/bid) on March 13 us$ DM SWFC Y«o 7 day* 5/1* 3/1* ii i/• ii 3 7/1-3/4 1 3/4 4 3/1* 1/1* 1 m#i 9/1* 7/1* 10 3/«
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  • 32 6 The range of cad rates for** the week ended Friday,-' March 13s ia Bank fund 0.25 4 Gen fund 0.25 3".; MovKwtnti of funds 2185 Source: Short Deposits (M) Bhd
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  • Page 6 Advertisements
    • 133 6 flights a week to India -r/ne f jAsie Count the number of ways I please you: nine times every week. With seven flights to Bombay, five of which also fly to Madras. And with my new high-powered links twice a week between three capitals: Singapore, Kuala Lumpur and Delhi. If
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    • 144 6 Factoring What VISA is to the retailer selling to the consumers, the FACTOR is to be the supplier selling to the retailers. That, in a nutshell, is what factoring is all about. Factoring is increasingly being accepted as another instrument for financing your corporate clients. If your Bank or Finance
      144 words

  • WORLD BACKGROUND
    • 1002 7 AP THE 18-MONTH surge of the yen, engineered to solve foreign trade problems, is forcing Japan to confront a painful bout of stagnation at home as the economy reduces its traditional emphasis on exports. The stronger
      AP  -  1,002 words
    • 673 7 NYT ONE OF Japan's more popular authors of the last few months is an Osaka man who argues that the country's recent economic problems are a result of a conspiracy by "international Jewish capital". Hundreds of thousands of Japanese readers have made bestsellers
      NYT  -  673 words
    • 921 7  -  Economists may point out the parallels but predictions are mostly educated guesses By LEONARD SILK NYT AS THE US stock market continues to climb, some eminent economists and financiers are dogged by the feeling that they are living under a volcano, which could
      NYT  -  921 words
  • Page 7 Advertisements
    • 288 7 CREDIT PLUS A new revolving line of cradtt. I M'Tr »>«,«j- >*mo iMtir <mom>o<« nwri l mi> «m>v »<NA«rf i —tip M«fi> i UMTID BPWFOAi nNMd »rii >KMq umttcd ■MQAt'OMi m»mi umw J 49 II -~nC\ V\ Mi fcAJ Si I t srse Just what you'd expect from Singapore's leading
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  • THE ARTS
    • 1396 8  -  By SHAUN KOH OVER THE YEARS, more than a handful of people have tried to lead Singaporeans through the wider realm of music appreciation. Not just music by Elvis Presley, Barbra Streisand or Barry Manilow, but the classics as well such as Gilbert
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    • 737 8  -  -By SHAUN KOH DISAPPOINTING. This one word sums up the performance of the Singapore Symphony Orchestra including the guest soloist at the Victoria Concert Hall on Saturday evening. In performing, no doubt once in a while, one hits a bad patch
      737 words
  • Page 8 Advertisements
    • 110 8 "LETS DINE AT THE BUM COURT The Palm Court at Raffles Hotel. The marvellous spot for wining and dining. A romantic setting of the exotic east with lush tropical gardens. And soothing string melodies to serenade you. Be enticed also, by a new a la carte menu. Which includes a
      110 words
    • 63 8 HARRISONS CROSFIELD (MALAYSIA) SDN. BHD. Proudly announce our appointment as agent in Port Klang for THE BANK LINE LTD., London COLUMBUS LINE REEDEREI GMBH, Hamburg (Europe-South Pacific Joint Service) REGULAR CONTAINER AND BREAK-BULK SERVICE TO EUROPE AND PAPUA NEW GUINEA. K. LUMPUR OFFICE: TEL: *****70 *****22 *****58 (Direct Lines) or
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  • Page 8 Miscellaneous
    • 713 8 Jfcaa}cDLcfcen6 rnoRMiNG, Hic<FORD LOHQM PvRC u>C GOING TO GeT rne Bumper NUMe£j? OF "TVie. HOUSC JOURNPy L nnRNRGemeNT NippceHt)(SOßßy j UST AN y^. seiz£ D evej?y/ \nvc*.unt?=sßY soo COPY \NVouuNrp,Ry SQUEAL OF DeLI&HT hJeveß, rm P^FRPMD... i seevour> Pp\RDOM ©Evenmg Standard Co Ltd .1963-1907 CRYPTIC PUZZLE ACROSS 1 Does it
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  • SPORTS
    • 345 9 AP FINN Markku Alen pushed his four-wheel-drive Lancia Delta HF first across the finish line on Saturday to win the 1987 edition of the Portuguese car rally, the third event of the year on the World Rally Championship circuit. The win, Alen's
      AP  -  345 words
    • 476 9 Reuter NEW ZEALAND yesterday won the third cricket test against the West Indies by five wickets to level the three-match series with over a day to spare. Victory in Christchurch, New Zealand, was achieved in less than three days, after the first day
      Reuter  -  476 words
    • 299 9 AP EDWARD OWEN of Holyhead. England, was declared the winner of the 23rd Congressional Cup in a bizarre finish on Saturday as dying winds left the yachts becalmed in the final race. The race in Long Beach, California. was shortened at the second weather mark
      AP  -  299 words
    • 451 9  -  By WALTON MORAIS WITH HOME GROUND advantage and its two top players delivering the goods, defending champions Sembawang extended their lead in the Premier League golf championship to six points yesterday. Riding on the back of an even-par 71 from M Murugiah and a 72 from his
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    • 653 9 AFP HOLDERS Australia, France and Mexico all made sure of their places in the last eight of the Davis Cup World Group when they took unassailable leads over Yugoslavia, South Korea and Britain respectively. The Australians had to wait until the
      AFP  -  653 words
  • Page 9 Advertisements
    • 129 9 OXFORD-CAMBRIDGE BOATRACE 28 MARCH 1987 The Oxford and Cambridge Society of Singapore will hold its annual dinner on 28 March 1987 to celebrate the 1987 Boatrace. For further details, please contact: Betty Khoo (tel. 336-2344) Laurence Chan (tel: 561-0583) Oi I to? mn'mtm* >: -A ir r f f f
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  • Page 9 Miscellaneous
    • 1243 9 to mm DER FREISCHUTZ 9pm, Channel 12 I The widely acclaimed opera by Carl Maria Von Weber (left) is performed I at the Wurttemberg State 1 Opera in Stuttgart, under I the baton of American I conductor Dennis Russell I Davies. Features soloists I like Wolfgang Schone, I Fritz Linke,
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  • INTERNATIONAL STOCKS
    • 284 10 AFP JAPAN'S major companies saw their pre-tax ordinary profits rise 4 per cent from the year-before levels in the last quarter of 1966 for the second straight quarterly gain, said the Japanese Finance Ministry. "It indicated an upturn in economic activity following a long-drawn downslide,"
      AFP  -  284 words
    • 179 10 Reuter THE NEW YORK Stock Exchange is seeking to defuse a trans-Atlantic flap over whether member firms can trade stocks on London's electronic dealing system during New York trading hours. "I don't know what the hub-bub is about," said NYSE spokesman Richard Torrenzano in
      Reuter  -  179 words
    • 396 10 Reuter STOCK PRICES closed slightly lower last Friday as mild bouts of profit-taking whittled down the averages. Investors, concerned about this week's triple expirations and the continuing Latin American debt situation, seemed content to endure a sluggish session ahead of the weekend. "People were not
      Reuter  -  396 words
    • 151 10 MAR IS C Inco 20% Abitibi Int Prow Ptpa 46% lu ln« 22% Algoma St) .11 Karr Addison 22% Bank Nova Scotia 10% lobia* Co 15% Bank Ot Montreal .34 McMil Bldl 821/5 1% 41% Moison A 25% 42% Moore Corp 30% 35% 1% Noranda In 31% Camotol Laka
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    • 211 10 MAR IS MOW RAND TRIALS Truat Bk Un Steal Wooltru 156 77 1500 5 1 unch A Alpha Abarcom Aacl Amaprop 1560 380 1675 960 25 unch 25 -10 200 25 -10 Angloa Angvaal HQS 6800 *****6 -100 500 -100 -100 Barlow* C G SmMh 6000 2050 3900 Buffat*
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    • 587 10 MAR IS US 9 36% Alcoa 43% Alleg Intl 2414 Allied Stg 47% Allied Stora* Allia-Chalmerr Am Brandt tnc ...2% 48% 96% 2H Am Eimc Pwr 29% 77% Am Horn* Prod 90% ...4% 18% ■K 29% 76% 56% .7% 20% Atl RicMiald 73% 1% An. 23% 30% Bankam#r»ca
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    • 736 10 Amsterdam NM IS FLS ABN 50*00 2 AhokT 90 20 110 00 -04 1.3 Akzo 143 40 -*-2.9 AJranta AMEV Amro Bank. Am 9tma 142 70 0810 81 JO 127.30 0.2 0.1 0.4 •0.2 Bafteal BOLS 1830 154.90 0.4 •0.9 Boraum«| Buahrman TaOa Calva 147 50 troda. 90.80
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    • 91 10 AFP SAUDI ARABIA'* National Centre for Financial and Economic Information, a department within the Finance Ministry, has begun issuing a stock index to chart movements on the kingdom's fledgling stock exchange. The Jeddah-based Arab News reported on Saturday that publication of the index began two weeks
      AFP  -  91 words
  • Page 10 Advertisements
    • 149 10 id wine, dlae mad c«Mil« Nfi lf=*> Cf% T JB i of, zm I M MNMh k MWCh 1S 22,1967 POOMdt CSttl floon Ksoedalittes onoarid bv ii cooks from Hong kdoq. Price: $1430 per adultft $930 per child under 12 plus 10% service charge and 3% ce& Available during lunch
      149 words
    • 96 10 /favour the\ 'Manhattan Splendour' A superb lunch experience with agrand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb choice at only $24.50*. 'Subject to 10% terrice charge A 3%
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    • 198 10 n 1 TIOCHIW t PORKIDGIBUFFFT $5 50 W 5* 4 'A'A< h WOW ss °m ir\j htYTvK/ rlt<h+ (per person) You can enjoy savoury'homely dishes such as braised pork steamed sniffed bean curd sambal bnrjai fried salted fish 9 sauteed chicken with mushroom sauteed chat poh omelette fried black pomfret
      198 words
    • 88 10 Teppanyakl Set Lunch at $18.00++ witti a choice of beef, chicken or seafood and served with appetizer, rice, soup, pickles and dessert OR 12 different sets of Japanese lunches priced from $10+ to $20+ per set Lunch: 12 Noon-2.50 pm Pinner: 6.30 pm-10.30 pm 10 Eu Tong sen Street HlflAMft
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    • 135 10 {;[&?(-\<>{^>^(;/.<+$"'*>[~{/:. dishes, four seven to eigfrt\ nine or more pick ten dishes. adult $12 per 1 (Minimum two Now till May 14 v Pick only youi Iwuuiitot J? forslBperpenoa. From our extensive 118item Sichuan menu. Two to three persons may pick four l to six persons-six dishes, persons-eight dishes, and
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  • INTERNATIONAL COMPANY NEWS
    • 515 11 UPI THE CAR industry is proving once again that it has the power to drive the US economy, but some experts do not like the way it is headed. Analysts who look at the bottom line cheered the American government's report on
      UPI  -  515 words
    • 124 11 AFP THE POST Publishing Company, the owner ot two English language dailies in Thailand, is acquiring the most modern computerised publishing system yet installed in any newspaper office in the country. Post Publishing's Bangkok World said negotiations were completed last week with Atex Asia,
      AFP  -  124 words
    • 231 11 Reuter, UPI AIRBUS INDUSTRIE announced last Friday that it had received enough orders to justify building two new wide-body aircraft that had been the subject of a US-Eu-ropean trade dispute. The European consortium said nine companies had made orders for 104 aircraft,
      Reuter,; UPI  -  231 words
    • 297 11 Reuter ONE OF Britain's biggest banks, the Midland, plans to pull out of the business of making a market in shares in the London exchange. It said last Friday that 'it would concentrate on providing other stock market services
      Reuter  -  297 words
    • 796 11 AP BRITAIN is leading a move by Western nations to quicken the pace at which they are selling off state-owned companies to the public, and investors are snapping up the stock eagerly. The sales have given governments billions of dollars in revenue without having
      AP  -  796 words
    • 230 11 Reuter FRANCE and the Walt Disney Company expect to sign a contract for a huge Disneyland amusement park, Europe's first, by the end of April. Michel Giraud, president of the lie de France regional council, said on Friday that talks which had
      Reuter  -  230 words
  • Page 11 Advertisements
    • 160 11 d l^rll ma. W&mki *.""<• <■& 4 iv /HP Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood, Gado Gado. Sate (Satayi, spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other
      160 words
    • 137 11 So much to choose for only $16.50 A sumptuous spreod with many different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, fortes cheese board, fresh fruit freshly brewed coffee All for $16 50 And for $26 50 you can add a roast or a choice
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    • 105 11 m 7 t m s r M The aura of expectancy The excitement I of the East T The color and spiendou of an Arabian Fantasy! The magic and the mystery awaits you this whole month of March. I NO COVER CHARGE LEVEL 4, Paramount Hotel, Marine Parade Road, k
      105 words
    • 166 11 MAGICALLY HYATT I*l=l 1 1 1!?! When guests order any beverage, standard or premium, at selected outlets*, they will get a second drink, all for the price of one! It's a magic formula applicable daily at The Lounge 6.30 PM 9.00 P\l Chinoiscrie 8 (H) P\l KMX) PM (Members and
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    • 191 11 5 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 7 «r Wv J C 1 Chciuvtd most popular band
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  • RAW MATERIALS
    • 419 12 AFP RUBBER PRODUCERS and consumers have agreed on the basis for a new International Natural Rubber Agreement (Inra), the UN Conference on Trade and Development (Unctad) announced last Saturday. The new Inra would be drawn up in the next few days *nd be
      AFP  -  419 words
    • 497 12 AFP IMPORTERS and exporters in the International Cocoa Agreement open talks in London today to determine new rules governing buffer stock operations, a step that could radically transform the currentJy bleak situation on the world cocoa market. The
      AFP  -  497 words
    • 225 12 UPI THE 1986-87 Australian wheat harvest has closed with slightly more than 15.1 million tonnes of wheat delivered nationally, the Australian Wheat Board said. AWB general manager, Ron Paice, said the season had produced "another good crop, with very little (0.2 per
      UPI  -  225 words
    • 238 12 Reuter US AGRICULTURE Secretary Richard Lyng has said that he is not sure whether a long-term US-Soviet grain pact would be worth extending when it expires next year. "It hasn't been worth much in the last two years they haven't lived up to the
      Reuter  -  238 words
    • 109 12 AFP THE 1986 world price of raw sugar rose by 50 per cent to 6.05 cents a pound, and has risen as far as eight cents a pound in mid-March, the US Agriculture Department announced last Friday. The rise was due to a view
      AFP  -  109 words
    • 103 12 WHEAT FUTURES in Chicago closed lower last Friday, as prices retreated steadily through the session from higher opening levels and ended 1-3/4 US cents to one cent a bushel lower with March at U552.92 a bushel. Part of the weakness was associated with trade talk that US Under Secretary
      103 words
    • 110 12 SOYBEAN FUTURES on the Chicago Board of Trade held midsession gains and closed higher last Friday, ending three cents to 1/4 cent a bushel up with spot March at US$4.9l a bushel. Trade talk that commission house analysts were lowering their estimates for 1967 soybean acreage supported deferreds early.
      110 words
    • 31 12 _L Closing prices g] I Singapore Motoyik) Erw S c«nti/kg M c«nfi/kg 187.75 224.00 189.50 225.50 March 11 191.25 ***** March 12 192.00 225.50 1 March 13 192.50 226.50 A2
      31 words
    • 28 12 Dot* Cloting prtcm Turnover Mj/kg (tomn) March 9 16.99 85 March 10 16.99 98 Mordi 11 16.98 88 March 12 16.81 40 March 14 16.77 66
      28 words
    • 140 12 Chinese Produce Robutta 20/25% FOB NSW 360.00 Exchange Sellers' noon doting pricei i on Nutmeg March 14 (SS/100 kg). 110 FOB NSW •WP FOB NSW 1447.00 1331.00 Coconut oil Bulk FOB 88.00 Gambier Old drum FOB 98.00 FOB NSW 280.00 New drum FOB 102.00 Copra Mixed (toot*) London
      140 words
    • 1273 12 Cocoa market nervous AFP NORTH SEA oil values last week captured attention by extending the rally of the previous week to reach US$lB per barrel, their highest level for one month. But for sterlingbased commodities, this factor caused consternation as the pound surged ahead to
      AFP  -  1,273 words
    • 1001 12 COFFEE Robusta coffee futures recovered slightly from morning losses to end last Friday £45 to £25 a tonne easier. Colombia's announcement that it is to lower its export registration price and intends to improve its marketing sparked long liquidation during the morning. Some traders interpreted the announcement as
      1,001 words
  • Page 12 Advertisements
    • 260 12 N K UL (Incorporated in the Republic of Singapore) ANNOUNCEMENT I Unaudited results of the Group's operations for the six months ended 31st December 1966 are as follows: GROUP HALF YEAR TO 31ST DECEMBER 1986 1985 or TURNOVER TRADING PROFIT FROM TOBACCO OPERATION after charging (i) Interest on Borrowings (ii)
      260 words
    • 7 12 TRADER VK'S <>! s. r /in /\< nt.iinwit I
      7 words

  • MARKET REVIEWS
    • Article, Illustration
      4722 13 TOP TEN STOCKS THE FOLLOWING Is a list of *10 10 it lost OCthral' f trodod Mocks on 4m Stock Eidtang* of Singoporo lost wook. Company Tumovtr frieas Mgh law 000 Mar 13 1986/87 1986/87 M loourcn 7,971 033% 061 0 20'/j NCH wm 5 852 036 043 002 V.
      4,722 words
    • 750 13  -  It™ By AMY CHEOK THE SINGAPORE STOCK MARKET went through one of its most severe corrections last week since the bullish fever first swept through the market 10 months ago. The breather was long overdue because share pricee had shot up remarkably high, especially after the
      750 words
    • 379 13 K.Lumpur 4 JUST AFTER a week of recovery, the bulls were again showing signs of fatigue. Selective buying alternated with bouts of profit-taking throughout last week and the market eased acroes the board in moderate trading. Except for the slightly firmer trend on Monday, the
      379 words
    • 757 13  -  compiled by JULIANA TAY Week ended Mar 13 SCRIP ISSUES ABM Proposed shore split from lOODF to IODF. FELSc Proposed bonus issue of one-for-four and sub-division of $1 par into two shares of 50 cents each. Keppet Corprt: Proposed US$6O million convertible bonds. S Steamship:
      757 words
    • 887 14 j ew r < FT HAVING RISEN by a fifth in the first 10 weeks of 1987, the Wall Street bulls spent much of last week building their strength for long-awaited charge through the 2300 level on the Dow Jones Industrial
      FT  -  887 words
    • 285 14 A L I Hongkong y AFP THE HANG SENG INDEX see-sawed throughout the week, but a major drop on Tuesday and the dull end of week trading saw the index shed 77.74 points to close on Friday at 2,721.17. The broader-based Hong Kong Index
      AFP  -  285 words
    • 1139 14 fcruijl London 4 FT "I'VE A HUNCH this market will run as far as the Budget," speculated one old hand, a few weeks ago. "After that, I just wouldn't like to say." A common enough sentiment in the Square Mile during the past month
      FT  -  1,139 words
    • 497 14 r i Tokyo M. J AFP SHARE PRICES on the Tokyo stock market continued to surge throughout the week with the key market indicators reaching consecutive record highs from Tuesday to Friday. The 225-stock Nikkei Average, a hefty 683.69-yen winner the previous week, posted
      AFP  -  497 words
    • 194 14 CSZ THE Credit Suisse Index edged up 0.4 point over the week to close at 535.6 last Friday. The recovery that began two Wednesdays ago at first carried over into last week. On Monday, the Credit Suisse Index gained 3.1 points,
      CSZ  -  194 words
    • 272 14 r AJ Sydney m A AFP AUSTRALIAN share markets struggled towards a partial recovery on Friday after a week of unsteady trading and lack of investor confidence. Across-the-board bargain hunting helped end the week on a positive note after a four-day
      AFP  -  272 words
    • 300 14 NMB Securities THE Amsterdam exchange saw a further improvement last week as the general index surged further to 275.1 with daily trading volume at some Hfl 800 million. The buoyant mood was underpinned by favourable company news and the somewhat higher US dollar. Neither the
      NMB Securities  -  300 words

  • Page 14 Advertisements
    • 469 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND K B» >:»'M T m 9 .rfiU ATAS PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION iPnrsnant to Section tWKIXb) A* an Extraordinary General Meeting of the company held at 9 Penan# Road #12-00 Supreme House, Singapore
      469 words
    • 513 14 IN 188 MATTER OP THE COMPANIES ACT (CHAPTER 188) AND IN THE MATTER OP KJ>. JAMES CHEN CO PTE LTD 'noi 'i -I' I:« x VOLUNTARY WINDING-UP) AT An Extraordinary General Meeting of K.D. James Chen A Co (Pte) Ltd, duly convened and held at 10 Jalan Besar #13-06. SlmLilm
      513 words
    • 476 14 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, TIMUR CARRIERS (PRIVATE) LIMITED of I, Shenton Way #18-06, Robina House, Singapore 0106 hereby give notice that In consequence of the Intended change of ship's name, we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant
      476 words
    • 314 14 THE ATLAS ICE COMPANY, BERHAD (INCORPORATED IN MALAYSIA) ■iiU*. J.' NOTICE IS HEREBY GIVEN that the SeventySecond Annual General Meeting of the Company will be held at the Registered Office, No. 22 (Upper floor of No. 20) Jafaui Hang Jebet, ***** Mdaka on Tuesday 31 March 1987 at 10.00 a.m.
      314 words

  • COMPANY NEWS
    • 668 15 Khoo Teck Puat the book and the man Miaa mm... By HOCK LOCK SIEW A BOOK which has the inside story on Khoo Teck Puat and a coherent account on what actually happened has all the makings of a bestseller. Ranjit Gill's Khoo Teck Puat. tycoon on a tightrope, however,
      By HOCK LOCK SIEW  -  668 words
    • 187 15 MBT A JOINT-VENTURE company, RA Gulf (M), established by Roxy Electric Industries (30 per cent), Asie (30 per cent) and the Gulf International Group of Geneva, Switzerland (40 per cent) is extending its trade ties with Eastern Europe. RA Gulf has entered into a trade
      MBT  -  187 words
    • 428 15 MBT KOPERATIF Serbaguna Malaysia (KSM), the largest single shareholder of Multi-Purpose Holdings Bhd, has retained all its office premises and much of its staff and looks prepared to throw open its doors for business again. But KSM officials contacted on Wednesday said there
      MBT  -  428 words
    • 123 15 A [SUBSTANTIAL shareholder of United International Securities, Bank of Scotland, has ceased to be so following the sale of one million UIS shares. Its stafte has dropped from 6 per .cent to 4.18 per cent. MR WAN Shoung Fun, a former deputy director of the-Economic Development Board, has
      123 words
    • 388 15  -  By NAJEEB JARHOM SELANGOR-BASED mining company Ayer Hitam Tin Dredging (M) Bhd has proposed a one-for-one bonus issue. The bonus, which will double its small paid-up capital from 6.1 million Msl shares, came soon after Malaysia Mining Corp and its associate. Tronoh Mines (M)
      388 words
    • 134 15 OUB Australia Ltd. a whollyowned merchant bank subsidiary of Overseas Union Bank Ltd, has announced an operating profit before tax of Asl.l million in its first year of operation after writing off preliminary expenses. Net profit after tax stood at A 5543,000. OUBA was
      134 words
    • 402 15 LAST FULL YEAR Company Period Dale Yeor Net EPS Cross Net ,./l| last uncod rear •nding (ctnts) dhr profit ($-000) Fed Cables Interim Jun 87 6.1754 (it S J Amal Interim Dec 19 Mar 86 7.3 527 Makjyawoto Interim Dec II Mar 87 30.4931 Renong Bhd Interim Feb
      402 words
    • 484 15  -  By AMY BALAN THREE FIRM BIDS have been received by the liquidators of City Securities which, if accepted by its creditors, could spell a new lease of life for the defunct stockbroking company. No names were mentioned in a telecommunication sent to its creditors
      484 words
    • 355 15 CITY DEVELOPMENTS, which is hot on an asset acquisition trail, is confident that it can raise more than the $26.8 million required to pay for its stake in the Apollo Meridien Hotel project in Taipei. In a reply to a stock exchange query.
      355 words
    • 913 15 THE London stock market closed the week last Friday on a strong note as buyers appeared in force in front of tomorrow's budget. Speculators moved into all those sectors that should benefit from the expected tax cuts and reduced interest rates. Stores, foods, consumer durables, and housebuilders all
      913 words
  • Page 15 Advertisements
    • 34 15 DEBENHAM TEWSON CITY VALUERS 1 DETACHED WAREH'SE BLDG Wanted by MULTINATIONAL CLIENTS Location: Queenstown, Pandan Rd, MacPherson Area Tenure: 30/60/90 Leasehold Built-in: 50,000 70,000 sq.ft. Land Area: 80,000 -100,000 sq.ft. Owner/Agent please call: *****84
      34 words
    • 335 15 TONGKAH HOLDINGS BERHAO (Incorporated In Malaysia) Nolle* of Forty-Fifth Annual General Meeting NOTICE IS HEREBY GIVEN THAT ttw Forty-Fifth Annual General Meeting of the Company will be held at The Prince Ballroom, Mezzanine Floor, Prince Hotel, Jaian Imbi, ***** Kuala Lumpur on March 31,1967 at 10.00 a.m. for the purpose
      335 words

  • 236 16 THE HEALTH MINISTRY plans to provide more facilities for the treatment and rehabilitation of mentally-ill patients so that they can return to the community. The Acting Minister for Health, Mr Yeo Cheow Tong, said the government intended to complete the development
    236 words
  • 708 16  -  New guard evolving its own ethos By FOO CHOY PENG, Chief Reporter A MEMBER of the core team of younger leaders has given, for the first time, a revealing glimpse of how he and his colleagues work. The picture drawn by Professor S
    708 words
  • 512 16 CONSENSUS over coffee that was how the younger ministers decided who amongst them would become the first and second deputy prime ministers. "There was no acrimony, no infighting or lobbying," Professor SJayakumar, who is the Home Affairs and Second Law Minister, told Petir. Immediately after the 1984
    512 words
  • 338 16 MR GOH CHOK TONG went to the zoo to relax, but after a twohour tour yesterday, he hit upon an idea on how to help the zoo increase its revenue. On being told by zoo officials that moat of the 1,600 animals were nocturnal and
    338 words
  • 156 16 Reuter BRITISH Prime Minister Margaret Thatcher's government is expected to announce major income tax cuts in this week's annual budget, increasing the prospects of an early general election in the summer or autumn. With around £5 billion in unforeseen revenue at his
    Reuter  -  156 words
  • 348 16 In the offing more centres for water sports MORE water sports centres are being planned by the People's Association, including one along the Singapore River. An existing warehouse at the riverbank has been proposed for conversion into a centre that will offer leisurely boat rides, aquacycling and other recreational and
    348 words
  • 120 16 Reuter INDIAN opposition leaders prepared yesterday to challenge Prime Minister Rajiv Gandhi with a noconfidence motion over a leaked letter from President Zail Singh accusing him of misleading parliament. Mr Gandhi was also under fire from India's largest-circulation newspaper, The Indian Express. In a front-page
    Reuter  -  120 words
  • LATE FILE
    • 35 16 AP BRITAIN yesterday Mid that laraal forgad Britiah passport« which a London newspaper reported were found in a West German telephone booth and intended for uae by Israeli undercover agents.
      AP  -  35 words
    • 38 16 AFP AN INDIAN expreas train plunged into a river, killing at leaat 60 people and injuring 200 after suspected Tamil militants blew up a railway track in Tamil Nadu yesterday, witnesses said. AFP
      AFP  -  38 words
    • 54 16 Reuter THE ONCE-POWERFUL Finnish communist movement, ravaged by internal diasent and snubbed by Moacow, faces further humiliation in parliamentary elections which began yesterday, according to opinion polls. Communists held 27 seats in the last Parliament, but the polls predict that they may lose aa many aa
      Reuter  -  54 words
    • 49 16 AP NEARLY 90 communist guerillas fighting the Malaysian government have surrendered to authorities in southern Thailand. A senior Thai military officer said yesterday that 51 men and 38 women rebels turned in their rifles and surrendered to the army in Songkhla province last Friday. AP
      AP  -  49 words
    • 57 16 Reuter A PRO-IRANIAN underground group said it would announce the execution of a French kidnap hostage today. The Revolutionary Justice Organisation in Lebanon said it had put television technician Jean-Louis Normandin on trial after a 48-hour deadline for France to explain statements by President Francois
      Reuter  -  57 words
    • 29 16 Reuter CHAD said it shot down a Libyan fighter aircraft near the Chadian-held oasis town of Fada on Saturday afternoon. No details were given.
      Reuter  -  29 words
    • 58 16 AP SOVIET Foreign Minister Eduard Shevardnadze said regional peace depended critically on communist Indochina's readiness to hold talks with China and the Association of South-east Asian Nations, Vietnam's official radio reported yesterday. Mr Shavardnadze made the comment during his visit to Vietnam last Wednesday to Friday,
      AP  -  58 words
  • Page 16 Advertisements
    • 653 16 Get your freecippingsof BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. CTE bids differed by as much as 133 m 2. Land policy faces prospect of major changes 3. Keppel group to raise $280 m from three sources 4. Tiger
      653 words
    • 137 16 GNTA text Master Worldwide telex communication from your own workstation There are more than 1,500,000 telex subscribers worldwide today and is still increasing! YOU KNOW THE PROBLEM The teleprinter is centrally located and an inefficient workstation. It often becomes a bottleneck in the Company's telex traffic. DO YOU KNOW THE
      137 words
    • 24 16 t* Report for 24 hours prior to 7.30pm on March 15 at Mm alrporfc Maximum tomooroturo 31.7 HTMMMMMI Mnt NMM 3J 9s w*m ON
      24 words

  • SHIPPING TIMES
    • 489 17  -  Recommendations to activate Singapore as an international centre By LINDA CHEE THE SINGAPORE National Shipping Association (SNSA) has hammered out its final proposals to the Government on how to activate Singapore as an international maritime centre. The recommendations were submitted to the Ministry of Trade and
      489 words
    • 243 17 AFP THE Shipbuilders' Association of Japan asked the country's anti-monopoly watchdog for permission to set up a shipbuilding cartel for one year to help the industry weather a recession. If approved, the scheme would see shipyards cut their total production capacity by
      AFP  -  243 words
    • PORTSIDES
      • 66 17 Reuter HARBOUR WORKERS will strike for 24 hours today, effectively closing all New Zealand's ports. The strike is over deadlocked wage negotiations. Harbour Employees Workers' Union spokesman says there will be no loading or unloading involving Harbour Board workers. The Cook Strait Ferries, which
        Reuter  -  66 words
      • 75 17 Reuter DUTCH shipping and transport group Van Ommeren NV has taken over a small Dutch gas container firm as a first step in establishing a world-wide gas container organisation. The firm, Liquid and Gas Transport BV (LGT), employs 10 people and has a fleet of
        Reuter  -  75 words
      • 49 17 IN A MOVE intended to expand foreign trade, China opened the Zhenjiang port on the Yangtze river to foreign ships. The port is the fourth on the river in eastern China to be opened to foreign vessels. The other three are Nanjing, Nantong and Zhangjiagang.
        49 words
      • 45 17 LYKES BROS Steamship has announced the appointment of three assistant vice-presidents. Paul G Fredrickson assumes the position of assistant vice-president in the pricing and marketing department, Mediterranean; Neil G McManus in planning and analysis and James E Ruckert in financial accounting.
        45 words
      • 53 17 THE UK-OWNED and registered fleet has fallen below the psychologically important level of 10 million dwt, the General Council of British Shipping said. GCBS president Garry Runicman said ships would have to be built or bought if the country was to have a fleet
        53 words
      • 104 17 UPI THIRTEEN shipyard workers choked to death on Friday when fire broke out inside a gas tanker undergoing drydock repairs, Italian port officials said. The 13 men who died were trapped in the ship's double bottom near the keel which filled with smoke from
        UPI  -  104 words
    • 426 18 NYT WITH THOUSANDS of boats in the harbour and dock space at a premium during last year's Liberty weekend celebrations. New York city's chief dockmaster accepted more than US$6,OOO in bribes to provide anchorage for a vessel at a city-owned wharf.
      NYT  -  426 words
    • 716 18 BULK CARRIERS are providing the shipsale and purchase market's main activity with values being maintained, secondhand tonnage brokers said. This demand is thought to be partially due to the current chartering of vessels to carry grain to the USSR, they said. The Kyoto, bulk carrier of 64,063 tonnes dw
      716 words
    • 111 18 THE 1967 Directory of the Multiport Ship Agencies Network is now available to all bonafide shipowners, operators and charterers. The directory has grown in stature over the past years to become the industry's standard reference manual to financially checked agents and services of repute around of
      111 words
    • 932 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenkiel liner X 1 Africa Ocean IX 4 Al It rant VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Altos line X 3 ANl 1 1/2 APC line V
      932 words
    • 1518 18 INCREASED grain chartering was reported out of the US on Thursday, including a large vessel for light grain from the Gulf to Holland at a steady US$7.5O. ship brokers said. Other grain fixing from the Gulf included a cargo for the Azores and Leixoes at $13 and soyabean
      1,518 words
    • 176 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf. Straits ports/Australia, Straits/Japan and the member fines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Naptune Orient Lines Orient Overseas Container Line Cho Yang Shipping AMRO (STRAITS/ AUSTRALIA): National Line Australia/Straits Container Line Djakarta
      176 words
    • 198 19 AP THE TRIAL of two captains whose ships collided off the Black Sea port of Novorossiysk last August, leaving 423 people dead or missing, opened in Odessa on Thursday. Tass news agency reported. Vadim Markov, 56 year-old former captain of the passenger liner
      AP  -  198 words
    • 337 19 Reuter SHIPPING and travel group Hapag-Lloyd AG said a 10 per cent stake in its capital was bought by Kaufhof AG. Hapag-Lloyd gave no details of the price paid but said in a statement released in Frankfurt by Dresdner Bank that HapagLloyd's
      Reuter  -  337 words
    • 193 19 Fairplay PASSENGERS will be able to travel to Australia and New Zealand from the US aboard Associated Container Transport's refurbished container ships from next month. Mr Michael Northern, president of ACT/PACE Line, said: "With the refurbishing and reengining of our ships and
      Fairplay  -  193 words
    • 110 19 SHINWA KAIUN Kaisha Ltd. a major Japanese bulk carrier operator, has agreed with the all Japan Seamen's Union on a plan to cut surplus jobs. Shinwa Kaiun, hard hit by the yen's appreciation against the dollar, will seek voluntary resignations and stop its practice
      110 words
    • 401 19 UPI THE PRESIDENT of the Greek Union of Passenger Liners said the industry is in danger of collapsing because of a sharp drop in US tourist arrivals and competition from Norway. "The cruise ship industry is going through a
      UPI  -  401 words
    • 309 19 AP THE TIMES of London said that new evidence suggests a British car ferry struck the harbour wall in the Belgian port of Zeebrugge before it capsized, killing 134 people. The newspaper said the propellers of the Herald of
      AP  -  309 words
    • 92 19 UPI A LIBERIAN tanker and a Panamanian freighter collided off central Japan on Friday but there were no reports of casualties among Japanese and South Korean crewmen aboard, Japanese maritime officials said. The accident occurred between the 40,500-ton tanker Glory Summit with a crew of 24
      UPI  -  92 words
    • 1111 24 AT CONVENTIONAL WHARVES < i B«r1h Arrival Departure KEPPEL WHARVES Builder 2 <22 olongside 16.03/0700 Eostern Gl K2B alongside 1603/1500 Equator III K23 alongside 1603,0700 Fort Nona-mo KIS olongside 1603/2100 Goddess K2I olongside 17 03/0700 Jinfeng K33 alongside 18 03/1830 Vivian Kli alongside 1603/1200 Xuoncheng IC2V alongside
      1,111 words
    • 4158 24 AARHUB B Butsng/R Bhum ScsnOutch' Mar 16 Nik Tikhonov Bait Orient Line. Mar 17(PK(. Ever Gordon Evergreen Mar 19 Tang Ha China Oceen Shpg Mar 20 B Buteng/R Bhum ScanOutcht Mar 23 Evar Guard Evergreen Mar 25 T Kiselev Ball OnerM Line
      4,158 words
  • Page 17 Advertisements
    • 829 17 Mammoth Hunters Jean M. Auel L_J CORONET BOOKS Available al all Good Bookshops r*- Mir// ORIENT OVEIQEAS Cmtcum iINE NORTH AMERICA ATLANTIC EXPRESS (ROUND-THE-WORLD ROUTING) EXPORT RDINE SNIPPING AGENCIES (Rag No. 242*4/ OOK 200 Cantonment Road #12-05 Southpomt, Sinppore 0208 Tel *****11 TELEX NO RS ***** TEPMINAL/CFS Tel *****18 220
      829 words
    • 77 17 [KMDB WTH THOUSANDS of boots in the harbour and dock space at a premium during last year's Liberty weekend celebrations, New York city's chief dockmaster accepted more than US$6,OOO in bribes to provide anchorage for a vessel. Page II SHIPPING and travel group Hapag-Lloyd said a 1 Opc stake in
      77 words
    • 698 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OF SUBSTANCE Bui what is lhe price she has paid? Available at aH good bookshops MAERSK LINE LCL ACCEPTAUCE TO JAPAN next sailing "LEISE MAERSK" etd 24.3.87 Voy Spore This Lars M Cloting Times CV 16/3
      698 words

  • Page 18 Advertisements
    • 364 18 I^2 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT FELKSnME MN VNIE OE VENUS MUX Dt JUPITER Up 130 m I*3 r.i Stj**3■ na• ij•*. C-x* r OUTBOUND TO MEDITERRANEAN a j if," fCt Ca'jpc
      364 words
    • 269 18 fUROPg/FAH IABT COWVPmOHAI SERVICE V9L mta aw IAffOSO OtYMFICI I Malaysia ion. nnd. TLX: 2011CMTM Frt. Booking contact MM* Qan LANG S PORE LOO. FOR runntr toto/ pons to I dMHwufV Wpnt VJOOOfICfI MtflVlnQ I ■übjact to auMctont t» I. Tat: *****36 Tfar RS i The Super System Siipcrcarricr Sen
      269 words

  • Page 19 Advertisements
    • 489 19 The Straits Steamship Group mS Mansfield Container Shipping PteLtd P&O twOviL Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok G EE *t.|i 3E uwoffwiMT an m twa m cm or EMauMN m Ac-P-ng Cargo Fori rpM pjomi n* rtai WWw IV HI MD «n w w
      489 words
    • 597 19 CSAV Ccrr-;;j" .j Sud Arrer.CJr )d> \jccrc± S A C" DIRECT SERVICE TO/FWOM CHILI FEEOER VESSEL EroSjBOTNER VESSEL NK MICA KM AKTOF VALf STQ KAMAKURA M/ 3 'ARLBERC W SH W M ■ARU yum-mm p ACCCPTIN6 FCI ONLY ACCEPTING NTO CHILE CARGO FOR PUNTA ARENAS, TALCAHUAHO (SAN VICENTE) ACCEPTED WITH
      597 words
    • 258 19 Franco Belgian Services A *wr iWtMBER cr ACE CONSORItUM ORIENTAL CHIEF mNw* PK MM I STORE P.KELANCU Hwiefi* rUmt Hm fHtiw Aat Mm Him R'Hmw A'wary UMwr* U to(ttkr) (Apr 7 Apr (Apr 11 Apr 12 Apr 14 Apr NWTUNi CRYSTAL 17 FA SM UFA MFA »FA Bfctan*) O Apr
      258 words

  • Page 20 Advertisements
    • 432 20 3G CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Uoyd > ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS. BELFAST, DUBLIN COfENHAGEN, AARHUS, GOTHENBURG. NALMO. HELSINKI. OSLO. ARBTERDAM CARIBBEAN t S. AMERICA CONV.SEMI CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED EUROPE SP PK PEN TRIES LEX BILBAO NBC B'HAVEN ARB BENNY SKOU Zl/3
      432 words
    • 696 20 kc:r JC.&LINE ,|W4 FULLY CONTAINERISED SERVICE r FROM [JROPE VIA SUEZ J A Mfmbf ot the Act Consortium NEPTUNE CRYSTAL KOREAN CHANCE 31 CHINA CONTAINER •ihm Takyo ?V3 IW 1/4 0/4 0/4 13/4 15/4 17/4 22/4 27/4 NX (19/3) 17/3 21/3 (20/3) 24/3 21/3 2/4) 31/3 4/4 W) 7/4 11/4
      696 words
    • 355 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: f AVROUZ 2 ITC-M3 SINGAPORE PORT KELANG KOTA KINABALU TC. HANI CALICO SHIPPING PTE LTD Tat: Z2S2M Tli K SOU CALICO FAX: ZMS7I PERKAPALAN UTAMA SOU BHO Tat Tliyi KESAWAN SNIPPING SON BHO Tat: am a unaa) f»*: aum RASA
      355 words
    • 710 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) SGP H»C FLX LMV NYC NFK CMS KSN TYO OSK PUS KLC KSG HKG SGP EVER GARDEN l!/3 W 1W IV 1W W 23/1 W W 21/5 Sfi M 5 2W M S? M EVER GUARO M 3M
      710 words

  • Page 21 Advertisements
    • 506 21 v PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE SM JKT MY SIN B/4 10/4 11/4 18/4 JM *1/3 OMTT 20/3 2/4 4/4 •mm MUAOftAM (HOKKAIDO) KTC 21/4 MM 27/4 OMIT 2/4 4/4 12/4 If/4 OMTT YOK KM KEE 2V4
      506 words
    • 195 21 THONG SOON /-'O9-00, Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG KIM SOON LI 10/87 11/87 18 Mar 20 Mar PENANC 25 Mar 27 Mar PENANG SINGAPORE TO SARAWAK SINGAPORE TO SABAH PORT mmm CONTAINER FEEDER With Reefer, and FCL Container
      195 words
    • 488 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT |l IW w w w m* un mm i* m iw m w an m m v mm *s *i *> *s ud ms i» ua I*s I*s un un m m m w >«s an EXPRESS CONTAINER SERVICE FROM UK/CONTINENT B*HA VEN
      488 words
    • 478 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CiNTAINERSHIP SERVICES lITM*I ITM* ],m ia T l.T]j: Said, Port Atoundtta, Genoa, Trio**. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK PORTS. NULL. LE HAVRE, OSLO. COPENHAGEN. AARHUS.
      478 words
    • 303 21 rage v BOUSTEAD SHIPPING AGENCIES LAWK) V7W M AN VMM LO4KAW VIISW PAGAN VUIW BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S pore P.Ktteng Pening Bangkok Iyi?Mar 20,22 M* 20/21 Mar 11/1) Mar 25/77 tor BANK LINE FORTH BANK VIM IVY BANK VIM TOANA NIUGINI V3N TAUSALA SAMOA
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  • Page 22 Advertisements
    • 1206 22 USA CANADA »TLMfnC MW (Round Tlw World Sarvlc*) Kline KAWASAKI KISEN KAISHA. LTD. 0. FORTUNE V 2 N. GARNET V7/N. JADE V 6 0. FAIR V 2 SPORE 11 Apr 27 Mar 18 Apr 3 Apr 25 Apr CHLS 21 Apr 28 Apr S May NFK 23 Apr X Apr
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    • 696 22 AUSTRALIA EXPRESS CONTAINER SERVICE Aceaptfng FCL/FCL Container* fttOK P KoUnf U* VMM S port IMb Fr«n SfOo Aho Act** "HSIfOAS" *J3 n Mir t Apr 15 Apr 13 Apr AMIm "RAMOAS" V2I 10 Apr 24 Apr 3 May 1 May Add/Bra CM NDIOAS *-2s 21 Apr 13 Mty 22 Mty
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    • 701 22 GOLDEN LINE WK Sv GIIAN GUAN SHIPPING (PTE) LTD 23. T<M *rr Sh*«» ■mp" SMGtfOKf 8184 TU S34JM4 (II LMES) STRAITS/PERSIAN GULF SERVICE: Sport m** Pane* GOLDEN WONDER CotomtomeradM/Dubei/Demmen 21 Mir GOLDEN BEAU Colombo/Karachi/Dubai/Doha 4/5 Apr GAO CHENG a/3 MNC CHENG 4/4 LINGQUANHE 21/4 CLICHE NC 4/5 Smfi ftytthi Shirjih
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    • 428 22 INTRASIA (PTC) LTD 15 Hoe Chiang Ho»r.. »07 02'03 Sanford Building Singapore 0208 Tel 22*6511 (10 llne» Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK ■.V. ADELINA tm V AGIOS NIKOLAOS VK Sun P. Keief* Loadint for SM In Pt SETE/ROT/ANT/UMMULL) 17/3 22/3 STE/iOT/AIWU«OWLI) Singapore INTRASIA (PTC) LTD BOOK INC 224DSU
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  • Page 23 Advertisements
    • 788 23 \\NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a S port NEPTUNE AGENCIES PTE. LTO. Ft EU/AUST TPA/SEA Tel No Offico Terminal CFS BOOKINGS *****53 27K742 *****77 mum *****53 TTtSV *****19 27*1 U 27*111 27*141 P Kounf NEPLINE SON. BNO. MM7 K Lumpur NEPLINE SON. BHD. *****33 Ponom NEPLINE
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    • 428 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON VmmTs Name S port No 7 Donan/7Q2N In Port Goddm/7tH In Port No J Donam/7Q2N 29/3 Mount Ent/701 7/4 No I Dorvam/TtBW 1M No 1 Donam/703N 2/5 S PORE AGENTS NEPTUNE AGENCIES PTC LTD Tel *****H
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    • 493 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG M/S HANDUNC SYSTEM CO SDN BHO NESSRS HAI TMONG SHIPPING 127 Peww Strw. Nw«
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    • 73 23 V/ ./.S////V LilSTi JAPAN HOMCKCMC STRAIfS Hongkont Singapore P.Klanc Ponani OMENTAL RUNNER VJM MM MM HELIOS 2 VIA Tift 2*3 DEL —VHA 8/3 31/3 (Moral sunny tar MV. Oriental Rumor VJM will to Md on lfth M 17 at Gdn K2O from QW 1211 hr». Thar* will bo no fwIM
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  • Page 24 Advertisements
    • 377 24 SINGAPORE SHIPPING CORPN.[PTE) LTD. TEL: 225 6868 (30 LINES) 7ELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF-HACHT SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE EUMFC r 'li V. IA LARNACA: Accepting cargo for Piraeus, Thessaloniki, iir, Istanbul, Mersin, Lattakia, Limassol, Beirut Alexandria, t Said, Iraqi, Iranian and other
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    • 408 24 Hf o J ME MRER Or THF PRFSS GROUP) WEEKLY CONSOL SERVICE LCL/FCL U.SJL (East West Coast Ports) UK/EUROPE Continents (All Ports) FOR BOOKINGS/ ENQUIRIES PLEASE CONTACT: MS PEGGY TAN TEL: 221-1444 MS JEANNIE YEO TLX: RS ***** MS CAROL HOE FAX: 225-OS4 SURFACE FREIGHT jS^ WEEKLY LCL FCL SERVICES
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    • 457 24 LUCKY SEAWAY SERVICES' Spore. Tel: *****55 Tlx ***** K.K Tel. 088 *****6 ***** T'« MA ***** Seowoy S.E. Asia to Red Sea/Mediterranean. VESSEL BIT INDONESIA SGP P.KELANG LOADING FOR TBN 1177 20K3 2S/3 30/3 Ate. Millie S PORE TO COLOMBO/BOMBAY/MANILA/BA TBN S T. DIAMOND S'PORE/W.M'SIA/SABAH/AUSTRALIA SGP KK SKAN/TWU FOB V-22-23—
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  • Page 25 Advertisements
    • 365 25 3 1 i A i International Freight Forwarders WEEKLY-CONSOUDATION ACCEPTING FCL/ICL ETO SINGAPORE TRANSIT TIME HONG KONG 19.03 87. 2403.17, 02.04.17, 14.03.17, 2103 87, 28.03.87, 04 04.87 19.03.87, 02.04.87 17.03.87, 2403.87, 04.04.87, 17.03 J7, 31.03.87. 17.03.87, 14.04.87 17J8.87, 13 0487 06X3.87, 29.03.87, 14.04J7 15.03.87, 26.03.87, 26.03 87 01.04.87 (8.04.87 17.03.87
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    • 190 25 PERCH KIM UKS (Perfect China Ocean Shippinf L«m) CHINA SERVICES Destinations: Etd. STORE Etd. PKLG SHANTOU, GUANGZHOU l irri #i i# HUANGPU, XIAMEN WEEKLY HAIKOU, ZHANJIANG OAII lUPC XMGANG, QMGDAO OAILIWUO SHANGHAI I OTHER PORTS WORLDWIDE SERVICES ACCEPTING CONVENTIONAL, CONSOLIDATION (LCU AND FCI CARGOES WEEKLY FROM SINGAPORE, POUT KELANG AND
      190 words
    • 331 25 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE cN C LINES WEEKLY FCL LCL CONTAINER SERVICE mi IMX IK MO HE Ml W M SSH"I ISS3 f i i TCCANV7S MM lill l*» w *K St IP CONTINENTAL FEEDERS PTE LTP Tel *****51 Term 1 rat 2 242 71 6 BENORIENT LINES
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    • 240 25 1"...: I:: TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* VMC P RELAW PCNAMC KLA WAN KAONSIUfK CHAM TUNC V MM U/J 6. KLATAN V V-M 14/3 6. KLATAN VII V-M&D Of) VIS 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON
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    • 120 25 I// Hai Sun Hup Co (Ptc) Ltd f I 'i Kflka SKar 2 Apr 3 Apr 17Apr Vaaaal toadtag far Tafcya Vaaaal far Oa*a I .A J M Loaomf at appropriated la ill W-n NOTE: ALSO CALUfS OTHER JAPANESE PORTS, HONGKONG TAIWAN ft CHINESE PORTS, SUBJECT INOMCEMENT IMLintermaritime SOUTHERN AFRICA
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  • Page 26 Advertisements
    • 359 26 mmm a/3, 21/3, 1/4 «/4. M ACCEPTING FCL, LCL ft CONVENTIONAL MIDDLE EAST SERVICE HONGKONG/CHINA SERVICE 3, 1/4 XINGANG, BEIJING. TIANJIN, SHEKOU, 4 SHANGHAI, GUANGZHOU. WHAMPOA 11/3, 25/3. 1/4. 1/4 BANGKOK AUSTRALIA 2*3. 31/3, 6/4. 10/4 SYD, MEL, BRISBANE, ADELAIDE, FREMANTLE ACROSS WATER TEL *****55 (10 Lines) TLX RS *****
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    • 551 26 NEAP SENG TRADING A SNIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MILE TOWER BMQAPORE 0710 TEL NO. *****22 (3 UNES) y TLX NO. RS ***** HEAPCO BusEnn VESSEL ANSON ANSON VOY NO STORE \nm 17/11 MAR VMW 21/22 MAR VSSW 24/25 MAR V ***** as MAR PKLANC 11/1* MAR
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    • 480 26 ■Q, C.Y. LINE (A Member Of The ACE Consortium) CNO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) A CONCORD vm CR PARIS m KOREAN JACEJIN V3M ORIENTAL CHIEF VS3W larva Mmi Fttomt H'bur| Brun Antwerp w V IH 11/« U/l 14/4 W 1« IV4 17/4 20/4
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    • 816 26 COMPANIA PERUANA DE VAPOREES (C.P.V.) f "PERUVIAN STATE LINE" v Loading (or Callao. Mataram, Ito and ill other Peruvian ports with transhipment at WL y Kobe On CPV Through Bills of Lading to final destination jd Penanf P. Ktlanf Sinpporc MURRAYEVERETT 22/23 Mar f THOMASEVERETT 4/6 Apr V B HUGH
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    • 216 26 3ZUZZE3CI ll* Z3e 331^3 IBERIA MOMTRIAL SAVANNAH 'A I T CC£PT|>)6 CAWO TO ADELAIDE VIA MELBOURNE AND ALSO FCL TO GUAM iLiaimi j.ir.M.Mj rTiTTTT |1L GOLD STAR LINE GOLD AUBA AM jan/Apapa/Lagot/Cotonou P. Har/Douala/Tema/Monrovia/Lome 11/4 GOLD STREAM Chittafonc/Cotomtn/Mah*/ Mombau/O.E. Salaam/Durtan/Maauto 20/4 S.A. VAAL Durton/P. Elizabeth/ Capetown 11/4 PIYA BHUM Sim
      216 words