The Business Times, 23 March 1987
1987-03-23
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The Business Times
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Title Section12 1987-03-23 1 BUSINESS TiMES M.C. (P) No. 112/12/86 MONDAY, MARCH 23, 1967 75 CENTS12 words
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Article, Illustration222 1987-03-23 1 AMERICAN EXPRESS International Inc has appointed Mr Lee Soo Jin to its top regional position for Amex's travel-related services. This makes Mr Lee, 30. the first Singaporean to hold an executive position at the global US company's regional headquarters in Hongkong. Mr Lee was222 words
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467 1987-03-23 1 ALVIN TAY - By ALVIN TAY, Banking Correspondent LEADING international bankers have given Singapore slightly higher marks for creditworthiness in the latest bi-annual survey by an influentisl New York-based financial magazine, reversing two years of decline which saw the Republic's world position falling from 11th467 words
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Article, Illustration714 1987-03-23 1 ROSIE TAN - Tough competition for other imports By ROSIE TAN A NEWCOMER to the local beef market looks set to give both competitors and consumers a tough time. The new beef, which comes from Shantung in northern China, Is brought in714 words
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164 1987-03-23 1 Reuter AUSTRALIAN Prime Minister Bob Hawke yesterday said unrest in the political opposition could force an early election if it undermined business confidence. Hawke said even members of the oppoeition Liberal Party were urging him to call an early election to restore economicReuter - 164 words
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Article122 1987-03-23 1 Bernama DATUK SERI OR Mahathir Mohamad expressed fears yesterday that Umno would be rejected by the people in the general election if acts of challenging the party president, hurling slander and discrediting the party become the practice each time party elections were held. The primeBernama - 122 words
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Article360 1987-03-23 1 Bernama THE MALAYSIAN government has succeeded in reducing the country's foreign debt by more than Ms2.B billion a year as a result of lower expenditure in the nation's budget, according to Finance Minister Daim Zainuddin. He said in 1965 and last year the country only borrowedBernama - 360 words
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127 1987-03-23 1 Bernama DATUK SERI DR Mahathir Mohamad said yesterday the transfer of UMBC shares from non-bumi-puteras to bumiputeras was through the efforts of Finance Minister Daim Zainuddin when he was a businessman. The prime minister recalled how UMNO youth at that time was vocal inBernama - 127 words
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Page 1 Advertisements
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Advertisement372 1987-03-23 1 Need a car or truck loan? WwKOONG 737-7977 ijj Way fiiong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore Hill #<>.VOI Claymore Plaza Singapore W22 MANAGEMENT WHEN THE SINGAPORE Institute of Standards and Industrial Research's new building at the Science Park is completed, it will be372 words
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Advertisement234 1987-03-23 1 Now toufcct of locowx must bo found, Pago 4 mm RAW MINISTERS FROM MORE Ihon 20 countries have been told by New Zealand that the next round of international negotiations on liberalising trade would be the last this century and the cost of failure could not be measured. Page 4234 words
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Advertisement135 1987-03-23 1 >•<>!<s yy /v > v -> The 2nd Asian International Food Processing Packaging technology Show Conference 8-11 April 1987 WTC Shipping Tlmot com— m a itprrti —ctlon today. Mate wrt you got your copy. Because of Atsuko's determination, no other aiiiine can otter you this: :«>o- 49 THE JAL PLEDGE135 words
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MANAGEMENT
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Article, Illustration1556 1987-03-23 2 MONICA GWEE - Lee Soo Jin is the first Singaporean appointed to a senior regional position in the American Express International strata. His main role is to interpret Asia for Amex's New York headquarters. He tells MONICA GWEE about cracking the "kia soo" attitude in management and how1,556 words
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749 1987-03-23 2 BOEY KIT YIN - E N l a When Sisir's new building at the Science Park is completed, It will be a big boost to small and mediumsized enterprises. It will give them access to research and development facilities which are usually beyond their budget749 words
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Article408 1987-03-23 2 TWO MORE management programmes will be available at the Singapore Institute of Management in the middle of this year. The Chartered Institute of Management Accountants (CIMA) part-time course will begin in June while classes for the Bachelor of Science (Economics) in Management Studies will start408 words
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Article, Illustration1574 1987-03-23 3 ANNA TEO - Productivity is more than a five-syllable word The major challenge ahead for the National Productivity Board is sustaining the productivity movement, now into its sixth year. For NPB chairman Mah Bow Tan, this challenge entails making sure that when people hear the word1,574 words
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565 1987-03-23 3 AP JAPANESE COMPANIES nMd to add a bit of "chaos" to their management aa they search for ways to break from a rigid, conservative mould, a management specialist says. Mr Ikurijo Nonaka, profesaor of industry and economic reaearch at Hitotsubaahi University. waaAP - 565 words
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Page 2 Advertisements
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Advertisement207 1987-03-23 2 Income protector m wutm** M£WWrFor professional partners w Put yourself In the picture. You're a trained professional and a partner in a successful firm. Good income. A comfortable lifestyle. Your income can however be interrupted if you should suddenly become unable to work as a result of illness or injury.207 words
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Page 3 Advertisements
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Advertisement57 1987-03-23 3 r I'v 'Tl' f u Ermenegildo Zegna Boutique, 102-21/23 Wisma Atria. 435 Orchard Road, Singapore 0923. Tel: *****12. Open 10am to Bpm daily Boa nque corners at Tangs Superstore and Metro Grand (Lucky Plaza). Sole Distributor: Diethelm Singapore Pie Ltd (Consumer Division) Ermenegildo Zegna Indulging in Ermenegildo Zegna must surely57 words
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ASIA-PACIFIC
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Article, Illustration440 1987-03-23 4 New Zealand sounds note of caution ahead of negotiations Reuter MINISTERS from more than 20 countries have been told by New Zealand that the next round of international negotiations on liberalising trade would be the last this century and theReuter - 440 words
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327 1987-03-23 4 UPI RESIDENTS of Macau would be allowed to hold dual Chinese and Portuguese citizenship after Lisbon returns the 430-year-old territory to Beijing at the end of this century, newspapers reported yesterday. The decision, reached by negotiators working in Beijing, would mark a majorUPI - 327 words
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Article, Illustration452 1987-03-23 4 AFP INDIA'S much-divided opposition is planning to unite to take on Prime Minister Rajiv Gandhi for having allegedly misled Parliament over his relationship with President Zail Singh, senior opposition leaders said yesterday. The leaders of about 10 political parties will meet inAFP - 452 words
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Article177 1987-03-23 4 AFP TAIWAN haa decided to reduce tariffs on 700 items in a bid to liberalise imports and stem protectionist treats from the US, a financial official said on Saturday. Import duties on 495 items, including fabrics, footwear, hats and other light industrial products which wereAFP - 177 words
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Article83 1987-03-23 4 AFF TAIWAN'S industrial production index declined 8.18 per cent in February compared with the previous month to 140.06 points. However, the directorate general of Budget, Accounting and Statistics said last Saturday the index represented a 26.48 per cent rise over a year ago and total Industrial productionAFF - 83 words
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433 1987-03-23 4 AFP JAPAN'S publishers are all trying to get in on the boom in educational comic book sales, book dealers say. Cartoon books on business. stocks and shares, economics and even Das Capital by Karl Marx are proving very popular especially among young businessmenAFP - 433 words
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395 1987-03-23 4 NYT THE US would eventually sell US$3OO million more fresh and processed fish to Japan under an accord just reached by the two governments, the US Trade Representative, Clayton Yeutter, said on Friday. The accord, signed at a timeNYT - 395 words
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Article, Illustration400 1987-03-23 4 Bernama FINANCE MINISTER Daim Zainuddin said the government cannot rely solely on the agriculture sector to enhance economic growth and has to, therefore, step up participation in the industrial sector, including heavy industries. "We have to find new sources of incomeBernama - 400 words
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301 1987-03-23 4 Reuter PRESIDENT Corazon Aquino has suggested for the first time that she believes last week's bombing at the Philippine Military Academy may have been aimed at her. Mrs Aquino, in a keynote speech yesterday from the academy's grandstand that was badly damaged inReuter - 301 words
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Page 4 Advertisements
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Advertisement157 1987-03-23 4 JAFftN canbeaffordabte. NTA HOTEL BUSS 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. JABXN RAIL FASS This pass allows unlimited travel157 words
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Advertisement90 1987-03-23 4 Rebel gains raise new doubts about Philippine army, Page 6 f W it Every second's on-the-house! i mm The Fountain Lounge is flowing with the good times. Between spm and Bpm daily, for every drink you order you get your next FREE. And bottle purchasers pay just half the price.90 words
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REST OF THE WORLD
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360 1987-03-23 5 Reuter BRAZILIAN PRESIDENT Jose Sarney, whose handling of the economy is under attack at home and abroad, last Saturday held private talks with business leaders worried that government policies are leading to recession. Over an informal barbecue at a farm outside Sao Paulo owned byReuter - 360 words
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219 1987-03-23 5 Reuter THE BRITISH government has kept secret its pert in e major modernisation programme of Nato nuclear weapons, according to a new study described in London's Observer newspaper. It said yesterday that while the plans had been publicly debated in the US,Reuter - 219 words
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Article829 1987-03-23 5 ARRIVALS Operator Sorvfco local From number Mm* FT FT73 0046 IAX/SFO/ANC/ NRT/OSA/TPE UA UA805 0100 SFO/HKG SU son 0125 LAX/NRT MA PK766 0455 KHI/RKK MAA SIA SQ41 0615 SU SQ43 0C15 OHA/BOM MAS MH681 0620 KUl SU SQ45 0900 MRU/CMS MAS MH011 0910 PEN AJ AM 5829 words
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210 1987-03-23 5 AFP A MEETING of the Gatt Committee on International Aircraft, which ended last Friday after two days of talks on the dispute between the US and the West European consortium Airbus Industrie, ended in an easing of "the extent of the confrontation"AFP - 210 words
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379 1987-03-23 5 UPI A GOVERNMENT STUDY released on Saturday has disputed the Reagan administration s claim that the US trade deficit would shrink substantially if other countries allowed their economies to grow faster. The administration, which has agreed to cooperate with Congress to draftUPI - 379 words
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Page 5 Advertisements
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Advertisement60 1987-03-23 5 T I I The business person's choice. every I I II %I I ll l| I Tuesday. Saturday and Sunday. I M m\ I m\ Leaving Changi Airport at 22:05 I JV, yj. IS hours and arriving Heathrow at 06:45 hours the following morning. Call your Travel Agent or Air60 words
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Advertisement196 1987-03-23 5 PC+WP PC+WP PC+WP a mm Which me fits you best? nil mm Whatever your WP needs may be, Philips now have systems off-the-peg to fit your size exactly We've just brought out an easy-to-learn new WP package designed to go with each <5f our PCs. You can match it with196 words
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Page 5 Miscellaneous
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Miscellaneous76 1987-03-23 5 Doonesbury 90, AS YOU CAN WELL IMAGINE, THOSE HRST UVESOFM/NEWERE J HLLBP M/TTH NOTHING 1 BUT DRUDGERY. UFE IN THOSE DAYS WAS JUST HUNT AND GATHER, huntandgather, the ROUTINE COULD REALLY WEAR YOU DOWN. m U BY GARRY TRUDEAU IN FACT, THE FIRST HALFDEC&fT INCARNATION I HAP PKWCOMB UNTIL WELL76 words
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WORLD BACKGROUND
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435 1987-03-23 6 AP AS IT TURNS 30 years old, the European Community is facing an acute cash crisis born largely of its own success in stabilising Europe's national economies and agriculture. The EC has gone into "a morass of budgetary malpractices" andAP - 435 words
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Article, Illustration786 1987-03-23 6 UPI CAMPAIGNING starts this week for general elections in Indonesia that are so restricted and dominated by the government that there is no way President Suharto could lose. The 25-day campaign starts tomorrow tor polling on April 23 to elect part of the ParliamentUPI - 786 words
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704 1987-03-23 6 Reuter A WEEK IN WHICH the Philippine armed forces conceded 37 deaths to communist rebels in just two incidents has raised fresh doubts about their ability to take decisive action in the country's long-running guerilla war. The two actions one in theReuter - 704 words
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Page 6 Advertisements
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Advertisement1115 1987-03-23 6 Nation llscwit Cmpny Limited (Incorporated in the Republic of Singapore) BALANCE SHEET DECEMBER 31. 1986 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED DECEMBER 31, 1986 SHARE CAPITAL REVENUE RESERVES General reserve Profit unappropriated Total Share Capital and Reserves CURRENT LIABILITIES AND PROVISIONS Deposits of customers Other liabilities including provisions1,115 words
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BANKING AND FINANCE
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331 1987-03-23 7 Reuter THE US and major Latin American nations have agreed to set aside sharp differences over control of the Inter-American Development Bank (IADB) and reconsider the issue this summer. The bank's policy-making board of governors, meeting in Miami ahead of this week's lADBReuter - 331 words
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139 1987-03-23 7 Reuter DEPUTY finance ministers from 10 leading Western industrialised nations met in Paris last Friday to discuss the world debt crisis, trade imbalances and currency stability, sources said. The talks were in preparation for the International Monetary Fund's interim committee meeting in WashingtonReuter - 139 words
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635 1987-03-23 7 Reuter HIGH INTEREST RATES, sluggish globsl economic growth and creeping protectionism sre deepening the Third World debt crisis, senior Mexican officials said. Finance Minister Gustsvo Petricioli said last Friday's signing of a US$76-billion new loan and rescheduling package for Mexico was theReuter - 635 words
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177 1987-03-23 7 Reuter SWISS BANKS are holding talks with Protestant and Roman Catholic officials to hoar church complaints about landing to South Africa. Tha Swiss Bankers' Association said tha partiee had diaagraad over economic sanctiona. But all participants representatives of the three biggest Swiss banka,Reuter - 177 words
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496 1987-03-23 7 THE FRENCH authoritiea have, changed their tax rulee in order to help banka increaae their proviaions for bad debts. The French Treasury has written to the French Banks Association outlining new rules under which banks will be allowed to make tax-free provisions for496 words
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MONEY AND EXCHANGES
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320 1987-03-23 7 Green Collier Bullion Pte Ltd BILLION prices posted fractional gains in dull and slow trading session. Last Friday at New York's commodity exchange, spot gold settled at U*****.60 an ounce, up only USssl.7o over the previous week's cioee. The precious metal continued toGreen & Collier Bullion Pte Ltd - 320 words
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390 1987-03-23 7 Union Bank of Switzerland CURRENCY MARKETS were again characterised by the range trading phantom last week. As expected, the US dollar eaaed successively lower. Thin markets, the lack of impulses, even those of a commercial nature, as well as real persecution mania in regardUnion Bank of Switzerland - 390 words
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Article21 1987-03-23 7 UBS US dollar Range-trading. Swiss franc: Premature down tick? Starling: A blue chip once again? Gold: Hopes deferred. ÜBSUBS - 21 words
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Article138 1987-03-23 7 Asian market ASIAN CURRENCY deposit rates for •ndoct March 20 MS average U. 7 4mft 6 3/1* 7/1* V® *3/» *3/« *7/1* *7/1* 1/1* *3/« 3/i *3/» 3/1 3/3 *7/1* ft 1 morA 12 norths 4 7/1* 4 3/1* 4 1/1* 4 4 5/1* 4 1/« 4 4 OM SL138 words
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Article498 1987-03-23 7 PIR of banks at the dot* of buiinon on Friday, March 20, of njppjiid by the Association of Bonks in Sin^opor#. BANK HJt Algemene Bonk 6% American Express Bank 7 AmDam R'terdam Bank 6% Arab Banking Corp 7% Arab Bank Ltd 7* Alia Commercial 614 ANZ Banking498 words
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Article30 1987-03-23 7 Tho rang* of call ratal for tho waok ondod Friday, March 20 > tank fund 0-5 4 Gan fund 0-5 3 $nt 7ZT 204* Source: Short Deposits (M) Bhd30 words
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Article, Illustration165 1987-03-23 7 Indteates Vm avaraga of Mm prim* landing rates of 12 ma|ar banks In «Ingapora Interbank market ra ites (offer/bid) on March 20 us$ DM SWFC Y< an 4ayt 3/1* 1/1* 10 i/a 4-J7/I 3/4 I/a 4 3/1* i/i* Mil i/a 3/« 10 7ft 4-J7/I 4 3/1* 3/1*165 words
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Page 7 Advertisements
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Advertisement175 1987-03-23 7 LEASING A HOME? VV' 1 have a very wide select i>n of apartments and houses and we can star; showinc] them to you now' The Professional Service Lab since 1%4 Special enlargement service MRT posters Display lightboxes for pedestrian n ills S shopping complexes Exhibttions hp tc 20') Special Offer!175 words
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Advertisement85 1987-03-23 7 "WE'LL MEET FOR LUNCH AT THE ELIZABETHAN GRILL" Excellent choice. The Elizabethan Grill offers you an exceptional selection of traditional English specialities. Including the Original 1953 Opening Day Menu. Appreciate the elegant tudor-style decor while savouring every delicious morsel. A quiet reflection of old England which makes dining at The85 words
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THE ARTS
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Article, Illustration774 1987-03-23 8 ASAD LATIF - By ASAD LATIF IT NEEDS a policeman to portray the beauty of India. That statement might sound a trifle less strange if one were to view the landscapes of D A Khamgaonkar, whose work was exhibited at the Hilton International here last week. A policeman774 words
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Article, Illustration679 1987-03-23 8 MONICA GWEE - Dinner theatre time to move on to meatier comedies By MONICA GWEE THE DINNER-THEATRE concept is now firmly established as an item in Singapore's night entertainment circuit. It enjoys a loyal following and has often proven invaluable for entertaining out-of-town visitors. With its reputation for "a jolly evening" secure, it's679 words
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Article, Illustration863 1987-03-23 8 CHARLES SAVAGE - By CHARLES SAVAGE "IMPRESSIVE," says an officer from the New York office of the Economic Development Board. "The interplay of light brings out the life of the pleated-fabric wave forms," he adds, admiring the wall-sized "Gelora Arus". The two Malay words mean "deeply moved863 words
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Page 8 Advertisements
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Advertisement68 1987-03-23 8 We now offer special group membership THE MANAGEMENT STAFF AT ONLY $2,400 A YEAR. Unlimited number of people anytime. Unlike other social club memberships which is open to groups and Top Executives only at exorbitant prices. why pay More for less? WHILE YOU CAN PAY LfSS FOR MORE. y 3§?68 words
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Advertisement57 1987-03-23 8 Ship Management Crewing Storing Purchasing Maintenance Repair Superintendency Accounting Insurance Survey Drydockmg Audit Project Management Lay Up Reactivation \±J tiJ vkj I 'Pfr Austen Maritime Services Pte Ltd Associated wth p O Australia and Northern Marine Management UK 50 Raffles Place 22-06 A Shell Tower Singapore 0104 Tel: 223 251157 words
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Page 8 Miscellaneous
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Miscellaneous31 1987-03-23 8 Bn StOW: Jicka£ NG.ve4?r ine OF rny vrMC gSBMM2r^ HRRD HiTfiMG NO-HOLDS BWRREO £%ROS£ OF THE VIOOOS RPTT RPCC TwpcT IS B»G Business IT'S MK£ SMRKiMG WPSMDS U)lrH PwJ Ot-D FRIEND31 words
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Miscellaneous716 1987-03-23 8 CRYPTIC PUZZLE ACROSS 1 Slip it into the projector (5) 6 The kid with the can (5) 9 Say Edward gets turned aside (7) to It's pronounced the chief state (5) 11 Gather there's a new angle (5) 12 Colour of the tube I get (5) 13 Retailers storing wine,716 words
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SPORTS
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Article431 1987-03-23 9 BRIAN MILLER - By BRIAN MILLER IT MUST be a record of sorts. After all. how often do you hear of a new trainer breaking into the winner's circle by saddling the first horse home in a classic like the Derby. Well, William Chua earned his wings431 words
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Article, Illustration403 1987-03-23 9 AP TOP-SEEDED Jimmy Connors beat Brad Gilbert and littleknown Christo van Rensberg upset third-seeded Tim Mayotte in the semi-finals of the U*****,000 Painewebber Classic tennis tournament in Orlando, Florida, on Saturday. Connors, trying for his first tournament victory in 29 months, defeated fourth-seeded GilbertAP - 403 words
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902 1987-03-23 9 AP FOR 39 YEARS, Eddie Jones has stood at the same spot in the same stand, passionately but peacefully cheering for his beloved Tottenham Hotspur. But in the future, Jones may find himself herded to a different part of the stadium, caught upAP - 902 words
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303 1987-03-23 9 UPI TOP-SEEDED Chris Evert Lloyd recovered from a slow start on Saturday night to overpower Zina Garrison 3-6, 6-1, 6-0 in the semi-finals of the U*****,000 Virginia Slims of Dallas. Second-seeded Pam Shriver defeated Lori McNeil 7-5, 6-3 in the otherUPI - 303 words
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229 1987-03-23 9 Reuter AMERICAN John McEnroe, in a restless, belligerent mood, won through on Saturday to the Rotterdam Grand Prix tennis final. The final against top-seeded Stefan Edberg of Sweden was scheduled to be played yesterday. McEnroe, who won his semifinal 6-1 7-5 against Czechoslovak MiloslavReuter - 229 words
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Article, Illustration537 1987-03-23 9 WALTON MORAIS - By WALTON MORAIS CHEN TZE MING grabbed the Rolex Masters golf championship on Saturday, but the real question now is whether history will repeat itself. As BT had said in our preview of the Rolex Masters, Tze Ming's current form is reminiscent of the537 words
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457 1987-03-23 9 UPI DESPITE the loss of Michael Spinks from the US$2O million series and the temporary lack of an IBF champion, Home Box Office officials are considering going ahead with plans to stage a heavyweight unification title bout. HBO vice-president Seth Abraham said heUPI - 457 words
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Article199 1987-03-23 9 AFP, Reuter BEN CRENSHAW got off to a slick start in perfect conditions and carded a five-under-par 67 in New Orleans, Louisiana, on Saturday to take a two-stroke lead into the final round of the US$5OO,OOO USF and G Classic golf tournament. Crenshaw birdied three ofAFP,; Reuter - 199 words
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Page 9 Miscellaneous
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Miscellaneous1189 1987-03-23 9 w cm mm X t ADAM SMITH'S MONEY WORLD How Far Will The Dollar Fall? 8.30pm, Channel 12 In tonight's episode, Adam Smith (left) discusses the plight of the US dollar and its consequences not only on the US economy but on the world economy as well. ROMEO AND JUUET1,189 words
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Page 10 Advertisements
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Advertisement256 1987-03-23 10 ThelMexwotMofGolf lwsow Stiff r yp&i X u %•■■'•£> m: Wm :W?&" fei,' OUm ;v ROLEX THE GAME.That satis _ii _r» fying "click" as club face WOITfI 01 makes perfect contact The (tOT F s^t soaring straight and true down lush green fairway. A perfectly judged putt disappearing into the hole.256 words
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Page 11 Advertisements
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Advertisement604 1987-03-23 11 ROTPITC THE NINETEENTH ZL HOLE The victors are WOTKlOl: victorious and the T Ming winner of the 1987Rolex Masters. wunam victorious and the nOT V °PP° nents vanquished. No W is the time to savour the great shots over a leisurely lunch in the sun. Almost inevitably the winners will604 words
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INTERNATIONAL STOCKS
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429 1987-03-23 12 AFP ENCOURAGED BY booming export sales, South Korea's car makers are planning to boost output while industry analysts warn of weak domestic demand. Industrial sources said last week that South Korea's top two car makers, Hyundai and Daewoo, planned to spend US$767 millionAFP - 429 words
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Article154 1987-03-23 12 AFP ITALIAN airline Alitalia is set to report a 10 per cent rise in net profits for 1966, in spite of the recession that has hit the air travel business in Europe throughout the year. According to preliminary data, net profits hit 55 billion lira lastAFP - 154 words
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381 1987-03-23 12 Reuter WALL STREET PRICES closed higher in active trading last Friday. The Dow Jones Industrial Average rose 33.95 to 2333.52, a record. For the week, the index closed up 74.86. The NYSE Index rose 2.08 to 169.36, a record. The index rose 4.05 forReuter - 381 words
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Article157 1987-03-23 12 MAN C 1Abitibi 41% 50% Algoma Stl 1414 2% Bank Nova Scotia 20* Bank 0» Montreal 35* Ball Canada 43)4 Bp Raaourcae 43% -1% Braacan CI A 39 CamptX Laka 33% Canadian Imp Bank 23% 25% Carting O'Kaafa 17% unch Cn Btnrt CI A 22% 18 46 15 Falcto157 words
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Article231 1987-03-23 12 MAR n RANO MOUT nUALS ***** Abarcom 410 20 Aaci 1650 unch Amaprop AMIC 580 6000 55 Barlows 2100 40 C G Smith 3575 unch CNA 335 unch Curria Financa 725 unch Fad Volk 230 -7 Fug it 7508 Hivald 540 5 Lib Holds 2825 -25 Lonrho LTA. 275231 words
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Article636 1987-03-23 12 mm as US» A lean Alumin 39 Alcoa 44% Alleg Intl 24* unch Allied Stg All it Chilfntfi 47% 2% unch Am Brand* Inc ...90 Am Can Co 90% Am Cyanamid 97* Am Etac Pwr 29* Am Expraaa 77* •1* Am Horn* Prod. 91 Am Motors Cp ...4*636 words
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Article779 1987-03-23 12 Amsterdam MAA FLA 1ABN 503 50 65 A agon Ahold Akzo 86 60 111 80 143 30 -07 04 15 Alranta AMEV Amro Bank Am St ad Barkal BOLS 143 70 63 80 79 00 127 00 21 00 155 00 0 2 •1 05 -2 2 8779 words
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Article102 1987-03-23 12 Reuter AMERICAN Telephone Telegraph Co does not plan to cut its regular quarterly dividend of 30 US cents a share on its common stock. Chairman James Olson said: "It has been the intent to set the dividend at a level so that it could beReuter - 102 words
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Page 12 Advertisements
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Advertisement555 1987-03-23 12 Wtere to wiae, cliae «utii eaierfala Royal Holiday Inn Singapore celebrates her I3tft Anniversary on 23 March 1987 Presenting popular selections from the Cafe Vienna menu 13 years ago. with 1974 prices to make it a real occasion. It's our way of saying "thank you" for your generous faithful support.555 words
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Advertisement132 1987-03-23 12 /)'$'|=|"+=+^;[)]\,<<[]{][)@-=% nine or more pick ten dishes. adult $12 per 1 (Minimum two Now till May 14 Pick only your favourites for $18 per person. From our extensive 118item Sichuan menu. Two to three persons may pick four to six persons-six dishes, l persons-eight dishes, and persons may 77All pnca132 words
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INTERNATIONAL COMPANY NEWS
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331 1987-03-23 13 NYT THE SECURITIES Exchange Commission has subpoenaed the American Express Co, Shearson Lehman Brothers Inc and Salomon Brothers Inc as part of the inquiry into last year's illegal stock manipulation scheme involving Boyd LJefferies, the 56-year-old founder of Jefferies Co in Los Angeles. In statements lastNYT - 331 words
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Article, Illustration408 1987-03-23 13 AFP BRITISH COMPANY Cable Wireless is insisting that its role in a Japanese telecommunications venture is subject to the new company laying undersea cables immediately, according to a leading Japanese businessman. Fumio Watanabe, an official with the Federation of EconomicAFP - 408 words
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Article161 1987-03-23 13 NYT BOYD JEFFERIES has pleaded guilty to criminal fraud charges and has agreed to settle civil charges in a new angle to the Wall Street scandals. Jefferies, the heart and soul of Jefferies Co, Which pioneered off-exchange trading, admitted that he helped Ivan Boesky break securities lawsNYT - 161 words
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445 1987-03-23 13 GERALDINE FABRIKANT - Analysts view USsloom move as unusual By GERALDINE FABRIKANT NYT AFFILIATED PUBLICATIONS, the parent of the Boeton Globe, said last Friday that it was paying US$lOO million to acquire Billboard Publications Inc, which owns Billboard Magazine, the leading trade publication for the recorded music industry.NYT , - 445 words
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590 1987-03-23 13 NYT BURROUGHS WELLCOME Co and its parent. Wellcome Foundation Ltd of Britain, are expected to grow rapidly and reap substantial profits from the sale of Retrovir, the drug approved last Friday by the US Food and Drug Administration for the treatment of patients withNYT - 590 words
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Page 13 Advertisements
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Advertisement551 1987-03-23 13 Wtere id wlae, «Uae and entertain ir 32 mm** The exciting aura ot Indonesia comes to the Cafe Vanda. Featured in this splendid gourmet's spread are Gado Gado, Beef Rendang, Sambal Udang and many other authentic delghts. Truly an experience in every sense. Lunch Dinner Adult: $12.50 Child: $8 (under551 words
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Advertisement185 1987-03-23 13 S 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*) ffrnMcnons A popular show band from the Philippines Singapore's ChctuVld most popular band %BouU*MVid ft s j fCAIRNHILL185 words
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RAW MATERIALS
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581 1987-03-23 14 Bemama POPULATION PRESSURE, the main cause of deforestation, will intensify as Asia's population increase during the period *****000 is projected to be 040 million, roughly the total current population of North America and Western Europe. Asia's estimated investment requirements for forestry and forest industriesBemama - 581 words
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459 1987-03-23 14 Bernama ES CONCERTED EFFORTS are needed to develop Asean energy and mineral resources which are in vast abundance in the region, a workshop on Asean Cooperation on Energy and Minerals in Kuala Lumpur was told. Dr Rozali Mohamed Ali, senior planning engineerBernama ES - 459 words
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140 1987-03-23 14 Bernama INDONESIA exported nearly 1.9 tonnes of pure gold bullion valued at U5525.2 million in the five months from October last year, a gold exporting company executive said in Jakarta last Friday. Mr Soedjono of P T Duta Pratama Impexindo saidBernama - 140 words
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461 1987-03-23 14 Reuter THE NEW International Natural Rubber Agreement (Inra), like the 1979 pact, will use a buffer stock as the sole instrument for market intervention excluding export quotas or production controls. The new Inra was adopted last Friday at a session held under theReuter - 461 words
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226 1987-03-23 14 Reuter JAPAN'S new standard raw silk support price proposal had discouraged both producers and weavers although for conflicting reasons, industry sources said. Weavers believe the proposed cut to 9,800 yen per kilo for the year from June 1 from 12,000 yen now isReuter - 226 words
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133 1987-03-23 14 Reuter THE JAPANESE Agriculture Ministry said it had revised its April-June sugar consumption estimate down to 623,300 tonnes on s refined basis, from 637,800 estimated at the end of December. It said the estimate for domestically produced sugar supply for the same pe- riodReuter - 133 words
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206 1987-03-23 14 AP A SERIOUS DROUGHT in the farming heartland of southern and central China will affect spring sowing and summer harvests, s state-run newspaper reported last Saturday. The Chins Daily quoted state economic commission officiels as saying that 13 million hectares of farmland had already beenAP - 206 words
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1126 1987-03-23 14 AFP CITY DISAPPOINTMENT over the smaller-than-expected reduction in bese rates charged by British banks from 10.5 to ten per cent rather than 9.5 per cent made for cautious conditions on the commodity markets during budget week. The failure of the Bank ofAFP - 1,126 words
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Article828 1987-03-23 14 COFFEE Robust* futures closed higher Isst Friday on short covering shead of a weekend meeting among Latin American coffee producers in Managua, dealers said. Prices finished up £10 to £40 per tonne, with second position May ending £13 higher at £1.286. Many tradera said they were sceptical the828 words
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Article152 1987-03-23 14 WHEAT FUTURES in Chicago cloeed lower last Friday, falling 3/4 to 2-3/4 US cents a bushel with spot May at USS2.BI-1/2 a bushel. March expired quietly at noon, 3/4 cent lower. Volume was light and trade was quiet as the market lacked fundamental developments, traders said. May held opening152 words
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Article159 1987-03-23 14 SOYBEANS on the Chicago Board of Trade extended midsession losses and closed lower last Friday, falling eight to 3-1/2 US cents a bushel, with spot May at US$4.BB a bushel. March fell sharply at its noon expiration under pressure from light commercial and professional selling, traders said. Pressure across159 words
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Article134 1987-03-23 14 ChlnMt Product SoUoci noon dosino i* > prices oa. Morch 21 (SS/100 kg) Coconut oil I s tuft FOt 86.00 Od dram FOt 96.00 Nn> dram FOB loaoft Copra AMxad (loom) aim Poppor FOB NLW "t7jo: Sarawak WNd FOt faq NLW 1172Jd* r Modi FOt NLW 95X30 Mack134 words
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Article28 1987-03-23 14 Closing pricas Data S «*m/k9 M cam/kg March 16 193.50 227.00 Mordt 17 193.75 227JO March 18 194J0 228JO March 19 191.00 227.00 March 20 ***** 226J028 words
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Article23 1987-03-23 14 Qodng prien Turnover M$/k 8 (torawt) 16 16.65 98 17 1664 77 It 16.83 104 19 16J2 69 20 1676 5023 words
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Page 14 Advertisements
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Advertisement122 1987-03-23 14 THE SHIPPING CORPORATION OF INDIA LTD. (A Government of India Enterprise) Shipping House, 245 Madam* Cama Road, Bombay 400 021 Tender Notice Leasing of Dry Cargo Marine Containers on Finance Lease or Long Term Lease or on Outright Purchases. Sealed tenders are invited for dry cargo marine containers on Finance122 words
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MARKET REVIEWS
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Article, Illustration4694 1987-03-23 15 TOP TEN STOCKS THE FOLLOWING 1* a list of tfw 10 i mott actlvol y traded stocks an (to Stock Eidtangt of Singapore la* wook. C»w>n Tumowar Pricat HUl Law two Mar 20 1966/87 1966/67 U V w 12.944 0.79 0 62 V, 024 kappal Wm 7002 0.49% 0.55 0254,694 words
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Article648 1987-03-23 15 ELAINE KOH - IT It Singapore lii_ By ELAINE KOH VOLATILITY marked the performance of the Singapore stock market last week. The widely-watched Straits Times Industrial Index ended a five-session fall with its 22-point plunge on Tuesday, and then recovered almost as dramatically by Friday. The correction, which followed648 words
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565 1987-03-23 15 H Tokv > ■V' j AFP SHARE PRICES, supported by bullish market trends worldwide, kept rising on the Tokyo Stock Exchange (TSE) last week, with the two key market indicators soaring to record highs on Tuesday and Wednesday in extremely heavy trading. TheAFP - 565 words
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Article657 1987-03-23 15 JULIANA TAY - Week ended March 20 compiled by JULIANA TAY SCRIP ISSUES Ayer Httom Tin; Proposed bonus issue of one-for-one Rmo M Box: Proposed rights issue of one-for-two ot $2. G E Life: Proposed bonus issue of one-for-ten. Utd Plantation* Proposed bonus issue of one-for-five. CORPORATE DEVELOPMENTS657 words
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1169 1987-03-23 16 m W/ J New York m a Dow soars above 2300 despite 'triple witching hour' FT "SOMETHING WENT WRONG in our value systems and it is vital that we all learn from my mis- takes and those of others. Our marketsFT - 1,169 words
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243 1987-03-23 16 NMB Securities Z AMSTERDAM commenced the week low-key, but recovered once the provincial elections got underway on Wednesday. The subdued atmosphere was due to the lower US dollar as well as pre-election fever. In the event, Thursday's election results, posting a loss of terrain forNMB Securities - 243 words
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135 1987-03-23 16 AFP AUSTRALIAN share markets closed at record levels with strong support for gold stocks and scattered buying in industrials dominating last week's trading. The All Ordinaries Index had risen 14.3 points over _the week to 1650.6 at the "close of trading onAFP - 135 words
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Article749 1987-03-23 16 Current Ex Books Total lor Total lor payment dale ctooe peyebte tie year laal year A 1 N 13'/.% NYA NYA NYA 27% 27% Asiatic Dev 3% Moy 6 Moy 19 Jul 1 5% 5% Ayer Hitam Tin 7%l Mor 13 Mor 25 Apr 8 7% 80% BAT749 words
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988 1987-03-23 16 London A FT NIGEL LAWSON had barely returned to his seat after Tuesday's budget speech before prices of the longer-dated stocks were on the rise. On Tuesday, they added almost two points; on Wednesday in the face of the reduction in bankFT - 988 words
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508 1987-03-23 16 SHK Securities THE HONGKONG MARKET recouped 56 points in the Hang Seng Index to finish the week at 2,781 demonstrating support at the 2,650 level. Wednesday registered the highest single-day gain in 14 years of 95 points, making up for the previousSHK Securities - 508 words
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814 1987-03-23 16 K.Lumpur THE KUALA LUMPUR stock market consolidated for the greater part of last week amidst bouts of selling and bargain-hunting to finish mixed to firmer in moderate trading. The market eased across the board on the first two days of trading on technical814 words
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510 1987-03-23 16 A CSZ THE Credit Suisse Index lost 19.1 points over the week to close on Friday at 517.5 points. Continuing the trend of the last part of the previous week, the Zurich stock exchange continued to slip back on MondayCSZ - 510 words
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Page 16 Advertisements
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Advertisement254 1987-03-23 16 TENDER NOTICE Tenders are invited for Km purchase of two lug booh and a Self-propelled Grab Hopper Dredger together with the spares. The particulars ore as follow rT. Specification of Two Tug Boats Name of Vessels Date Constructed Length Overall (LOA) ■i 111, Mnnlrlai-j DTOOOTTi /V\OUIOvO Draught Main Propulsion Engine254 words
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COMPANY NEWS
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116 1987-03-23 17 UNITED INDUSTRIAL Corporation, whose shares shot up markedly in active trading last Friday, has requested that its shares be suspended from trading today pending an announcement. The group is expected to re- lease its full year results. UIC said in January that it had116 words
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481 1987-03-23 17 NST SHAREHOLDERS of the New Straits Times Press (M) Bhd haVe approved the company's proposed purchases of Bank of Commerce Bhd (BCB) and American Malaysian Insurance Sdn Bhd (AMI) at an extraordinary general meeting in Kuala Lumpur on March 19. "NST had proposedNST - 481 words
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344 1987-03-23 17 ELECTRICAL goods manufacturer Mycom Bhd went more deeply into the red with unaudited after-tax losses of M 51.16 million for the half-year ended Dec 31. 1906, down from a $14,000 profit in the same period last year. J Mycom's inability to recover344 words
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Article218 1987-03-23 17 has confirmed a BT report that its subsidiary Great Pacific Finance Ltd is Milling its investment in Airport Industrial Building fAlB). Great Pacific had alnsady written down the investment in the property to $3 for the year to end-De-cember 1965. No more financial support will be provided to218 words
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Article54 1987-03-23 17 Company RIGHTS ISSUE Parkway Hldgs Public offer of $60 million loan stock with TSI. Shareholders ore entitled to $4847 million of issue in the ratio of two loan stocks with TSK at (1 par for every five ordinary shares held Ex date: Mar 19 >o Books dose: Mar54 words
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Article265 1987-03-23 17 Company RIGHTS ISSUE Bedford One-for-one $0 50 per shore C 1 Holdings 27 million loon stocks in the ratio of (3 loan stock for every five ordinary shares held Gty Dev One for four $1.40 per share tights issue of bonus with warrants in the ratio of $1265 words
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662 1987-03-23 17 ALVIN TAY - By ALVIN TAY, Banking Correspondent GROUP AFTER-TAX profits of DBS Finance, a wholly-owned subsidiary of DBS Bank recommended for public listing by the divestment committee, fell 7.3 per cent to $4.95 million for the year ending December 1966. The fall was because662 words
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126 1987-03-23 17 INDUSTRIAL and Commercial Bank Ltd has confirmed a BT report which said it had decided to sell Dunn House, a 16-storey building in Cecil Street ICB said Dunn House had been mortgaged to the bank, and belonged to its customer Dunn Realty (Pte)126 words
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LATEST RESULTS
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Article68 1987-03-23 17 For the half year to end-December 1966, pre-tax profit amounted to MS 1.06 million ($1.77 million) while profit after tax and an extraordinary loss of 1206,000 (nil) was $572,000 ($1.09 million). EPS is six cents (eight cents). Aokam said the extraordinary loss comprised mainly the company's share68 words
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Article83 1987-03-23 17 Gross proceeds from the sale of rubber, cocoa and oil palm was M$S.l3 million ($4.69 million) for the year to end-Oe-cember 1966. Pre-tax profit stood at $3.74 million ($2.97 million). EPS is 24.9 cents (17.6 cents). A final dividend of 12 per cent leaa tax plus83 words
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Article282 1987-03-23 17 LAST FULL YEAR C>mpi| fuM Dele Y«w mm en Cram Nat MMUMd •ndhg M *r praNt IM ym (roooi Fed Cobles Interim Jun 87 6.175i<i) S J Amol Interim Dec 19 Mor 86 73 527 Moloyowoto Interim Dec II Mor 87 30.4931 Ktnong ono Interim Feb 6 Jun282 words
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Article811 1987-03-23 17 Reuter THE LONOON Mock market soared last Friday as investors, encouraged by Tuesday's budget, continued to snap up shares. The Financial TimesStock Exchange index of 100 leading shares rose 28.5 points to 2,017.5, a record cloee. Investors expect the interest rate cuts prompted by the budget, with itsReuter - 811 words
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Article112 1987-03-23 17 UnoMdoi doM on Mar 30 COTfflt 3500 sWodwr Casti: £*****/***** ThrM «on'M £900 30 ***** 1M Oondord SmptnM Cosh: I—l— THtm months: TM Mgh grad* Suspondod Cosh: ThrM months: LEAD 100 qu*t Cosh £*****/***** ThrM months: £299 00/***** ANTIMONY 996 pc/tonn* (Wor« Sous* lon»rdow in US$l To dot*112 words
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Page 17 Advertisements
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Advertisement268 1987-03-23 17 □5 2 I££{ 7T777# >1 #11 4 (8) PTE. LTD. (Df VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of MAOICPRINT SYSTEMS (8) PTE. LTD. duly convened and held at 5001 Beach Road #03-30 Golden Mile Complex Singapore 0719 on 19th March, 1917 the following Special "That the268 words
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Advertisement434 1987-03-23 17 NOTICES NOTICE 18 HEREBY GIVEN that pursuant to Section 990(1) of The Companies Act, Cap. 185, a final general meeting of the abovenamed Company will be held at 16 Rafflss Quay #11-04, Hoof Leong Building, Singapore 0104 on Saturday. 25th April 1907 at 11.00 a.m. for the purpoee of baring434 words
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Advertisement449 1987-03-23 17 IN THE MATTER OF THE COMPANIES ACT, CAP. IK At an Extraordinary General Meeting of the members of LOKEABT SINGAPORE PRIVATE LIMITED duly convened and held at 111 North Bridge Road #12-01, Peninsula Plaza, Singapore 0617 on 10th March 1007 the following Special Resolutions were duly passed: RESOLVED: 1. That449 words
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Advertisement459 1987-03-23 17 .UMtTi im TiT THK COMPANIES ACT (CHAPTER IK) AND W„W' VOLUNTARY LIQUIDATION) NOTICE 18 HEREBY OTVEN pursojmt to Section 308 of the Companies Act, Cap. 185, that the Final Meeting of the Company will be held at 6 Battery Road, #27-01, Standard Chartered Bank Bulldihg, Singapore 0104 on April 82.459 words
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484 1987-03-23 18 Agricultural subsidies criticised Bernama THE ASEAN private sector yesterday warned that it can resort to "unfriendly measures" in putting pressure on the US, the European Community and Japan to reduce or eliminate protectionist measures, especially in agriculture. Dr Narongchai Akrasanee, a member ofBernama - 484 words
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130 1987-03-23 18 AFP PHILIPPINE President Corazon Aquino yesterday said only established democracies could afford opposition legislators and warned the people against electing her opponents to the Senate in May. Speaking to about 7,000 supporters at a campaign rally in Manila, she defended her earlier statement that sheAFP - 130 words
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Article, Illustration235 1987-03-23 18 IN THE END, swimmer Ang Peng Siong won The Sunday Times/Coca-Cola Sporting Achievement of the Year award. But up to the moment badminton star Icuk Sugiarto announced the winner, opinion among the nominees themselves was divided. Bowler Mike Wee felt 16-year-old darts player Harith235 words
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160 1987-03-23 18 AP THE JAPANESE government will ask the US not to retaliate against Japan for allegedly selling computer chips overseas at unfairly low prices, according to news reports. Kyodo News Service on Saturday quoted unidentified government officials as sayingAP - 160 words
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337 1987-03-23 18 MAINTAINING a strong Singapore Armed Forces and promoting the concept of total defence is Singapore's vital insurance against war. Said the Minister for Community Development and Second Minister for Foreign Affairs, Mr Wong Kan Seng, yesterday: "We must make it clear to337 words
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397 1987-03-23 18 ROSE TAN - ■y ROSE TAN A TAX-FREE salary and three paid holiday tripe home annually are among the benefits being offered by the worldwide Sheraton hotel group to attract Singaporeans to work at its hotel in Tianjin. The company, which recruited 15 Singaporeans in397 words
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279 1987-03-23 18 MBT THE AGGRIEVED trade creditors of Emporium Supermarket Holdings Bhd are expected to consider setting up an association of wholesalers when they meet this week to elect a committee to work with the provisional liquidators of Emporium. Some of the wholesalers feel that they areMBT - 279 words
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Article, Illustration235 1987-03-23 18 AFP INDONESIA'S main Western donors including the World Bank will continue financial aid to Jakarta at a "very high level" in the coming year, according to World Bank President Barber Conable. Speaking on arrival in Jakarta last Saturday for a three-day orientation visit, Mr ConableAFP - 235 words
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LATE FILE
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Article36 1987-03-23 18 UPI INO4AN politicians yastsrday ended their campaigns and authorities deployed security forces in three statss on the eve of elections seen as a major teat of the popularity of Prime Minister Rajiv Gandhi.UPI - 36 words
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Article30 1987-03-23 18 Reuter THE French government said it would sign a contract with Walt Disney Co tomorrow for the construction of Europe's first Disneyland amusement park. R outerReuter - 30 words
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Article50 1987-03-23 18 Reuter ONE man was killed whan an exptoeion followad by a lira rippad through a British Petroleum (BP) oil refinery yeetarday. A BP spokeeman said tha fire waa confinad to ona plant at tha 260-hectare refirvary at GrangemotHh, 40 km watt of Edinburgh. RautorReuter - 50 words
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Article58 1987-03-23 18 Bernama A BY-ELECTION will ba haid tor tha Gopang pariiamantary saat if Its preeont MP doaa not take his oath of office within tha pariod. Malaysian Prima Miniatar Datuk Sari Or Mahathir Mohamad said yastarday, howavar, that so far ha had not racaivad any letter ofBernama - 58 words
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Article41 1987-03-23 18 Reuter YUGOSLAV Prima Miniatar Branko Mikulic was quoted yeeterday, in the wake of widespread strikes and rising political dissent, aa saying that Yugoaiavia will uee the army if necessary to detsnd its communist political system. RouterReuter - 41 words
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Article29 1987-03-23 18 AFP KING Hussein of Jordan arrived in Cairo yesterday for a viait which included talks WiuT rrWlOwii nomi MUDftr* ak, an official statement said.AFP - 29 words
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Page 18 Advertisements
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Advertisement223 1987-03-23 18 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Chase for Japanese investments 2. Innovation pays off handsomely for Nixdorf 3. Tl goes for the most powerful chip 4. Borrowers moving away from bank overdrafts 5.223 words
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Advertisement9 1987-03-23 18 Aquino suggests bomb was meant for hor, Pago 49 words
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Advertisement280 1987-03-23 18 Call foe coofwraNon, Pag* 14 Persona! Computers Licensed MS DOS Licensed Phoenix BIOS Of course everybody Knows that DATAMINI operates on fully licensed DO5 and 8105. Nevertheless, we would like to remind you of the fact that in Dec 1985 we purchased operating licences from Microsoft and Phoenix Technologies Ltd.280 words
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Advertisement0 1987-03-23 18 /=:@*:<&\_'~['//(-^']|=/<'%+(\+0 words
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Page 18 Miscellaneous
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SHIPPING TIMES
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536 1987-03-23 19 JUNE LIM - By JUNE LIM THE ASIA North America EastI bound Rate Agreement will introduce a restructured tariff, simpler in format but higher than the existing tariff, for Can- ada next month. Under the new freight structure, the 14-member grouping has established536 words
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215 1987-03-23 19 Reuter THE CHINESE port of Ningbo is working well below capacity in spite of being only 209 km from Shanghai, which is seriously congested, a Chinese port official said. Jiang Feng Xiang said the port the deepest in China handled 17.95 millionReuter - 215 words
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184 1987-03-23 19 Seatrade Week NEGOTIATIONS over the sale of Korea Shipping Corporation are expected to be finalised in the next few weeks, as the Korea Exchange Bank is under heavy pressure to expedite the sale. Hanjin has modified its eight-point set ofSeatrade Week - 184 words
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PORTSIDES
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Article79 1987-03-23 19 Reuter CONFERENCES involved in Europe-Far East traffic have announced amended currency adjustment factors (CAFs) with effect from April 1. The CAF for Scandinavia is revised from 10.00 to 11.50, while that for Japan goes from 58.00 to 60.00 and the CAF for South Korea changes from 7.50Reuter - 79 words
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Article82 1987-03-23 19 AFP ONE PERSON was missing after a blast on a Cypriot freighter off Syracuse, on the Italian island of Sicily, Italian police said. Merchant shipping sources said the Andreas Zeta had a crew of 21, all Koreans. An empty storage tank is thought to haveAFP - 82 words
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Article61 1987-03-23 19 Reuter HAMBURG HARBOUR authorities have seized seven containers of whale-meat destined for Japan after being alerted by the environmentalist antiwhaling group Greenpeace. The containers, unloaded at Hamburg from the Icelandic container ship Alfoss, were seized because no export documents from the country of origin had beenReuter - 61 words
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547 1987-03-23 20 UPI THE DRAMATIC rescue of 37 Soviet seamen by US helicopters was a bright spot in a winter of deadly North Atlantic storms that have claimed the lives of more than 50 seamen since Feb 10. The worst winter storms inUPI - 547 words
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538 1987-03-23 20 AP KUWAIT expressed disapproval over Iran's reported deployment of anti-ship missiles at the Strait of Hormuz and appeared to welcome superpower protection of freedom of navigation. "The Gulf does not belong to any of the littoral states," the Kuwaiti Foreign Minister told reporters whenAP - 538 words
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168 1987-03-23 20 AP A DANISH cargo ship loaded with explosives and set adrift after a fire brokQ out on March 3 was towed on Saturday to the northern coast of Europe, the British Coast Guard sai<L. Cmdr David Eliot, regional controller tor the Coast Guard atAP - 168 words
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Article947 1987-03-23 20 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenkiel liner X 1 Africa Ocean IX 4 Alltrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow line* IX 5 Atlas line X 3 ANl 1 1/2 ARC line V 4 API947 words
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Article1377 1987-03-23 20 FIRMER rates again were reported on a fairly active London shipping freights market on Thursday, especially on the US Gulf to Japan route. For cargoes of 52,000 tons. Cosklav paid U5515.25 and Marubeni paid $15.50, while for a smaller 31,000-ton consignment, MBK agreed to $18.80. Also from the1,377 words
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Article177 1987-03-23 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EABT/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line177 words
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169 1987-03-23 21 Reuter SEA CONTAINERS predicted its first quarter fiscal 1987 net earnings would improve by US$lO million over the same period a year ago. The company said 1967 got off on a much better footing than fiscal 1986, from which the company recorded aReuter - 169 words
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460 1987-03-23 21 Reuter FREIGHT RATES for grain ships are soaring in the Lon-don-based world market, as the Soviet Union comes shopping for vessels to charter, UK charter brokers said. Soviet moves to hire ships are often among the first signs theReuter - 460 words
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Article832 1987-03-23 21 UNCONFIRMED REPORTS are circulating the shipsales market that around 10 VLCC's totalling more than 2.5 million dwt and worth some US$6O million have been sold by Japan Line for demolition or further trading, secondhand tonnage brokers said. Details of three of the demolition sales emerged last week with the832 words
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157 1987-03-23 21 Reuter THE Shipbuilders' Association of Japan said that on April 1 it will embark on a plan to seek new orders for floating structures like airports and marine centres, making use of old ships to fight a slump in ship orders. "The aimReuter - 157 words
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132 1987-03-23 21 Reuter AS MANY AS 50 vessels have been trapped in ice off the coasts of Finland and Sweden by strong south-easterly winds in one of the worst Baltic ice conditions for more than 30 years, navigation officials. Icebreaking vessels were findingReuter - 132 words
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3736 1987-03-23 26 AARMUS Vtll. 0* Jupiter. CM D'Altratomenl Merch 23 Toyeme. ScenOutcht, March 23 Ever Querd. Emvmh. March 24 Hemburg Cipiooa. Triot March 2*. Arthur Meerak. Meerak Lina, March 20 Kltano Mara. Triot, March 27(PK). Ou Ha. CMoa Oceen Shpg. March 20 Permei ScenOutcht.3,736 words
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Article1054 1987-03-23 26 AT CONVENTIONAL WHARVES KEPPEL WHARVES B«rtT i Arrival (Mparl Auby K24W olongsid* 2303/1100 B*«wiy Skou KI8 alongside 23 03/1500 Ooiyunshon Klf olongsid* 2303/1800 Equator IN K23 olongsid* 2303/0700 Frotodurban Kl« olongsid* 2303/1500 Koto Angkoso K3I olongsid* 2303,0600 Koto tot no K30 olongud* Murroy*v*r*tt K2B olongsid* 23.03/1830 11,054 words
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Page 19 Advertisements
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Advertisement562 1987-03-23 19 *Jeanl*l,Auel T IV" Nammoth Hunters Jean M. Auel I CORONET BOOKS OOCL OfQENTOVBQCAS CtUaimitM* JARtNNE SHIPPING AGENCIES (It*. Hi 242K4/ 00K 200 Caatamwrt tod #12-06 Swllipwrt. Smppore 0201 Miff/ Tpl 221 nil TELEX NO RS ***** NORTH AMERICA ATLANTIC tXPRESS -ROUND THE WORLD ROUTING POP T MP OP T NORTH562 words
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Advertisement81 1987-03-23 19 QGBBDB THE DRAMATIC rescue of 37 Soviet seamen by US helicopters was a bright spat in a winter of deadly North Atlantic storms that have claimed the lives of more than 50 seamen since Feb 10. Page II FREIGHT RATES for grain ships are soaring in the London-based world market,81 words
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Advertisement397 1987-03-23 19 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Hartr is MAERSK LINE LCL ACCEPTANCE ww>l inwwfc TO JAPAN next sailing "LEISE MAERSK" etd 24.3.87 Voy S'pora Tlw m* 14m M CkWng Ttraaa CY 23/3 ISOO MRS CFS 23* 0600 MRS Port I Ketang I p nan o us397 words
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Page 20 Advertisements
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Advertisement283 1987-03-23 20 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINE-R SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT VIU.E DC VENUS UP W VILLE OC JUPITER VKLE DC SERCURE Also cj'y. to a 'J d«' OUTBOUND TO MEDITERRANEAN Also ictepttng FCt to ttnassol liU-v j283 words
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Advertisement293 1987-03-23 20 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL BTA ais MUPPU N IE CHAM UK Dw*kt-l)MMan-Ai*ver» PT KLANO ZW 4f4 TEL: 03-*****50 I Malaysia mm. NMO. TLX: ***** MTU Frt. Booking contact Mist Gan ANG S PORE LOG. FOR Fufthof loid/ dtjChifQlßQ poili on rouli iub)oct to iiifllctiil inducomoni apt Off** MTM S293 words
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Page 21 Advertisements
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Advertisement635 1987-03-23 21 The Straits Steamship Group G Mansfield Container Shipping Re Ltd mp&o Containers Limited J STRAITS SHIPPING Singapore to Sabafi, Sarawak, Brunei Ports and Bangkok LMRPOOL BAT 2SN Z tomo uwui aii cm or —a his Abo Accepting Cargo Fon rm pjnm n* rhq n*Mrta inNrtan a w a w a635 words
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Advertisement749 1987-03-23 21 Franco Belgian Services P5W3* MFMBER OF ACE CONSORTIUM! Mi ORIENTAL C rnwi PR STORE P.KELAKU Hrmirimt r*mm ttm rum Ant Skf«kr) U Apr 14 Apr IS Apr 17 Apr XApr a Apr KOKAI 1 Apr 5 Bv) X Apr S Apr 22 Apr 25 tar X Aar X Aar ONIJA749 words
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Page 22 Advertisements
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Advertisement233 1987-03-23 22 CONTAINERSHIP SERVICE TO UK CONTINENT COPENNAfiEN. AARNUS, COTHENBURC. HA UK. HELSINKI, OSLO. AMSTERDAM CARIBBEAN A S. AMERICA CONV SEMI-CONTAINER SERVICE TO EUROPE CONV SEM! 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 *****48233 words
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Advertisement736 1987-03-23 22 FULLY CONTAINERISED SERVICE rTO EUROPE VIA SUEZ Mfrnbn ot thr Acf Cocnodiun S port PJUtonc UH an cam m 1/4 (300) m M (M) 27/4 15/4 (13/4) 4/5 22/4 (20M) 11/5 C.R. PARIS KM LAN JACEJIN MM OMENTAL CMCT MM KOREAN CHANCE H* CHINA CONTAINER 9 14/4 15/4 17/4 21/4736 words
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Advertisement248 1987-03-23 22 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: SINGAPORE PORT KELANC KOTA KINABALU TC. HANI CALICO SHIPPING PTE LTD Tal: mam Til RS SUI CALICO FAX: Q4871 PERKAPALAN UTAMA SON RHO T«i: MllW KESAWAN SNIPPING SON RHO Ttf: ntsa (I Urn,) Fac mm> RASA MUHIRRAH SON BHD Tal:248 words
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Advertisement952 1987-03-23 22 m. Ail VJ M. Full Container Service EVERGREEN Round-Thv-World East Bound (FE/CARIB/USEC/EURO/FE) SGP NKC KSG KLG PUS OSK TYO KSN CHS NYC ML HK FIX MM AIM LNV SV vit 2*3 nn v* vn i/s vi w w w w us un an an an w an an *n w952 words
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Page 23 Advertisements
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Advertisement707 1987-03-23 23 v A PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE MA HAWK KOTA HMOA MA HAWK MA HAWK ML VOY GLORY 8713 FORTUNE ***** FORTUNE 3711 •71 SIN MY MM SIN RLW BU> 28/3 38/3 31/3 1/4707 words
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Advertisement631 1987-03-23 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT W W W MS 11/5 Uft 1W 1W EXPRESS CONTAINER SERVICE FROM UK/CONTINENT nam bmven roam Mm ston pklanc rmc rot Lkh Bay b<M biM $mM SMM SmM biM 23/3 MM. TVN Ware SmM SmM SmM b<M SMM 3*3 IM IKIW Bmaan631 words
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Advertisement458 1987-03-23 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESUM LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES VESSEL/VOY S PANJANC OCEAN PRN SRIWIJAYA/1 u. BONTAI Said Port Atnmdria. Otnoi. TrMi. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO UK PORTS. NULL. LE HAVRE. OSLO.458 words
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Advertisement283 1987-03-23 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok man vmmt njnm* umuwvijm am mr 11/ MM* RAfiAN VUIW 25,77 Ifar BANK UNE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAN HULL HMK FORTH BANK VUN Std 9/4 17/4 14/4 IVYBANK283 words
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Page 24 Advertisements
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Advertisement1169 1987-03-23 24 USA CANADA CTUWIIt CHIT (Round Tho World Sorvico) *jKline KAWASAKI KISEN KAISHA. LTD. N. GARNET V7/N. MM W 0. FAIR V? GJf. BRIDGE V4/RAINBOW BRIDGE VI C.R. TOKYO VK/N. GARNET VI FEEDER VSL SP PK PN K. CHANCE VHE— N. GARNET V 7 PACIFIC SOUTH WEST PACIFIC NORTH WEST SP1,169 words
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Advertisement588 1987-03-23 24 •fie AUSTRALIA EXPRESS CONTAINER SERVICE »"ip*n PCUKX CmMmh T"' 23 Iter 7 Apr It i CAIMM yu 4 Arn -RAMOATVJI 13 A» 27 Am C S" ¥33 23 Iter 7Ap It Aar 14 Apr AftVOnt *21 13 Apr 27 Apr iSf «APeVBm AS" »JS 21 Apr 13 Mm 22 Mm588 words
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Advertisement529 1987-03-23 24 m GOLDEN LINE GUAM GUAM SWPMG (PIE) LID 21. IN* »r» Start Ktm MM 18. UUMi (It IMS) STRAITS/PiRSIAN GULF SERVICE: s-p™ pm, ww ran riisaßniiiniiijnidiiiini wnnm— BOUO> «AR 4/5 Aar CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA FCL Carp ta Duftai wrt* at Skarjali QUAN QUAN529 words
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Advertisement384 1987-03-23 24 IMTRASEA (PTE) LTt 1 IS Hop Ch.ang Road uQ? 02 03 Surlord Puild Singapore 0208 T®l 224£S*1 110 ll^ei Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK fpm P. Mmi LmAmk ler> MV. AGIOS NIKOLAOS PB SalM S3 SCTI/ROT/AKT/UKfMUU.) WESTERN EXPRESS DM 2/4 SM ROT/ANT/UKOWUJ Singapore IMTRASEA fPTE) LTD BOOKING 2NKU384 words
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Page 25 Advertisements
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Advertisement807 1987-03-23 25 :NOL NEPTUNE ORIENT LINES LTD S?J* NEPTUNE AGENCIES PTE. LTD. Tat No Offlc* Tiiwlml CFS vmm nam nam Ft lU/AUST TP A/SEA S: tms owe 27MU9 279MU ztmui vmm NEPLINE SON. BHD. 3NMB NEPLINE SON. BHD. 2614M3 NEPLINE SON. BHD. MWIWWWMiMI NEPLINE SON. BHD. I*o*o*oll "TO EUROPE/UK (VIA SUEZ): C«807 words
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Advertisement431 1987-03-23 25 DOK*M HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON noidmmPkn am M Enter/709 M No S Donom/7«3N 13/4 No 7 Dononi/70N 17/4 No I Donom/704N No 9 DonMi/703N 7/5 M. Entor/710 12/5 Mo 7 OOMM/704N 21/5 S PORE AGENTS NEPTUNE AGENCIES PTE LTD Tti431 words
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Advertisement560 1987-03-23 25 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. KB ANC POMM6 HfS HANDLING SYSTEM CO SON. BHD MESSRS MAI THONG SHIPPING 127 Phm StrwL560 words
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Advertisement77 1987-03-23 25 .Vf/;#«»/#//v T!1 I i\i JAPAN MOMCKCMC STRAITS rrmm HIPPO MARU V.SA SaiM SaiM YOSNIUM V.I2A SaiM In Port HELIOS 2VJA 23/3 21/3 DEL REMEDIOS VilA 2S/3 31/3 General turvty tar MV. Nippo darn V.SA will ha haW an 27th Harch 17 at Gdn K2O (ram MW-1290 hre. There will be77 words
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Page 26 Advertisements
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Advertisement269 1987-03-23 26 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD UH DKJH HAOU Sit RE LDtßfl HuSTOC.K FORTNIGHTLY FULL CONTAINER SERVICE i v.' ii'. 1 ••VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Lattakia, Limassol, Beirut Alexandria, Port Said, Iraqi,269 words
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Advertisement359 1987-03-23 26 BULJUARRIERS W un n/« Lm Victory 19/5 Zl/5 23/5 Vancouver, Ol| Lm Angelee MULTTOTT AGENCES (S) PTE LID Tet *****77 P.K. MuMport Sdn Bhd Tel: *****08 PNG Sea-Contrane Sdn Bhd Tal: *****2 '^KOTiTT^RrPII CHINA NATIONAL FOREIGN TRADE TRANSPORTATION CORP.. Slngopore/Odno Direct Strvfct fm LmOh ftr 8M CHUO SMPPMO AGENCY PTC359 words
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Advertisement345 1987-03-23 26 mi'Ku LUCKY SEAWAY SERVICES S pore Tel 3 388 155 Tl* 2606 < r Tel: 088 221 "86 57"n? Tlx *AA ***** Sea»cr S.E. Asia to Red Sea/Mediterranean. VESSEL BIT INDONESIA S6P P.KELANG LOADING FOR TIN 1177 Hf3 WW Mm, IMIM S PORE TO COLOMBO/BOMBAY/MANILA/BANGKOK ETA ETD LOAMNG FOR TBN345 words
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Page 27 Advertisements
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Advertisement484 1987-03-23 27 International Freight Forwarders ACCEPTING FCUICL -HONG KONG BANGKOK HAMBURGfROTTERDAM .COPENHAGEN SYDNEY MELBOURNE FIBBANTIE FELIXSTOWE LOS ANGELES ETO SINGAPORE 26.03.87, 01.0417 02.0427, 08.04.87 14.04.87, 2104.87 21.03.87, 24.03J7 2103.87, *****7 04.04.87, 0104.87 12.04.87 26.09J7, 02.0417 20D3.87, 24X317 *****7, *****7 *****7 *****7, *****7 *****7 *****7, *****7 30.03.87, *****7 *****7, 29.0317 04.0417, *****7 *****7,484 words
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Advertisement149 1987-03-23 27 £1 Ma perch ocean unb (Parfact China Ocmh Shipping Liim) CHINA SERVICES Destinations: Etd. STORE Etd. WIG SHANTOU, GUANGZHOU w HUANGPU, XIAMEN WEEKLY HAIKOU. ZHANJIANG OAII lilPO XMGANG, QMGDAO OAILINUO SHANGHAI OTHER PORTS di m irr^ I r ■v/- v y_., NTTMBFR or T hF P»ESS GROUP) 1 o WEEKLY149 words
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Advertisement471 1987-03-23 27 PERINTIS LINE II WEEKLY FULL CONTAINER SERVICE TAO YUAN W KUO LUN6V7 VELAR V7B CA/C LINES WEBCLY Fa LQ CONTAINER SERVO S'POftt IMK IK UO KEE IN DJ MB m W M M M 19 Hfl W S* 1 UH W W W S K 3 SS *"S CONTINENTAL FEEDERS471 words
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Advertisement226 1987-03-23 27 iii'J-LULiaJiA. ill TAIWAN TO SINGAPORE ft ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORC P KELANC PCNANC BELAWAM KAONSIUNC ft KLATAN V V-M bIM ft. SELATAM VII V-M MP MP t scutan ix v-« an m v* 9 6 VESSELS OF LOG CARRIERS 9 5 VESSELS OF BRAND226 words
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Advertisement160 1987-03-23 27 FARGO SHIPPING COMPAHY (PTE)LTD REGULAR EXPRESS fLL L CONTAINER AND ICL c co VICE aac=3: E3I—BP-ii.' in-in-« L HUCM6 |Sa*d 2*3 121/3 V* DESTINATION ETA SINGAPORE cm T RAT ANA BHUH U4N 23/3 •UNGA BUTANG 324 24/3 In ft, 21/3, 3/4, tSH h Ft SR 7R 17* 2*3,1* 13* 2*3,160 words
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Page 28 Advertisements
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Advertisement376 1987-03-23 28 123 ci ACCCFTMQ FCL, LCL CONVENTIONAL HI DOLE EAST SERVICE I BUBAL fftHßfltfl. MUSCAT, BONA, MJMAN I KUWAIT, ABU DHABI HONGKONG/CHINA SERVICE ,m, w xmganc, mm, tianjm, snckou. i isw 3U 1 «A M. W XM6AM, BELNNG, TIANJM, SNEKOU, SHANGHAI, GUANGZHOU WHAMPQA BANGKOK AUSTRALIA ABCLANX, ACROSS WATER rat La ►"J376 words
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Advertisement336 1987-03-23 28 TMMM A SNPPNM PTELTI •Ml HACM *o*o MM) -TL' I'jini «-p. 7/T*s6 z u Aft IVUAPII PMMf RATA MMMA M MO WhN- KDLLOToSc AGENCIES <W) SON MB t* m-mmp MTU TNAIUNO BNPPM6 SERVICES CO LTO-PHUKET IP T UNITFD SHIPPING ORGANISATION LTC Zml JAKARTA DIRECT REGULAR SERVICES TO JAKARTA 4 SURABAYA336 words
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Advertisement538 1987-03-23 28 C.V. UNE (A Mwntor Of The ACE Conaorlkim) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) ttm LMtara* Mm FMmm ITto| tnm Win 2££*.sL_i m m m on m nn S22£Jl££2£ IS an n* n* a* a* mi OMCNTAL cmr VSM $ft Z7N SM SM Ifi538 words
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Advertisement457 1987-03-23 28 Everett Lines/ COMPANIA PERUANA DE VAPOREES (C.P.V.) 9 "PERUVIAN STATE LINE" f Lm*(|| tor CrMm, IMvm, It m 4 tUm Pnm awts m» tramfcmnt m Mb* fc cpy Tin*. m.«( U*« to tart tatmbm 2 NJRRAVEVERCTT TNOMASCVEUm MocHEVEtrrr Mr. KS/23 I *Apr HIM Apr "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN457 words
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Advertisement114 1987-03-23 28 azzj. "'l' -II iZZ COLD STAR LINE r—■7 U-J «t« "■HUffMJ« ™11 Mortao Hum T«ti *****4* Mkag ******1/2 11 '-Tr>- 1 V M~\S~U- ii.'/F'f rL'A't IFJ I j BRLAKBULK TIMBER SERVICES TO EUROPE a x REGULAR USER SER.iCE T SR CONTAINER SERVICE rr: CONTI F.E. LINE m (port t i114 words
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