The Business Times, 14 April 1987
1987-04-14
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The Business Times
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Title Section12 1987-04-14 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, APRIL 14, 1987 75 CENTS12 words
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Article, Illustration172 1987-04-14 1 Simex DM (June)0.5563 30) Euro-$ (June) 93.02 (-8 Yen (June) 0.*****4 16 Pound (Jun) 1.61 80 35 Nikkei Index (Jun) ***** (-70 US T-bond (Jun) 94.22 (-6 Gold prices S'pore (buyer's quote) US$435.00 US$1.80) London (Afternoon fix) US$435.90 US$4.30) Rubber S'pore May 197.00 cts/kg 0.75) M'sia May172 words
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Article, Illustration285 1987-04-14 1 THE RESPONSE to Avimo Singapore Ltd's share offer which opened two weeks ago has been brisk, judging by the demand for application forms so far. And to make it easier for the man-in-the-street, N M Rothschild Sons, the lead manager and285 words
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Article, Illustration236 1987-04-14 1 SUSTAINED BUYING interest continued to lift Singapore share prices yesterday with the widely followed market barometer, the Straits Times Industrial Index, setting another record. The ST Index smashed through its previous record of 1097.93 on April 10, and ended the day 6.42 points higher at236 words
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542 1987-04-14 1 AFP ASIAN and Pacific countries with diversified economies emphasising manufacturing have done best in the new economic climate created by falling oil and other commodity prices, according to a UN report. Economic powers such as Indonesia have falteredAFP - 542 words
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566 1987-04-14 1 FOO CHOY PENG - Hard bargaining and firm stand on copyright pay off By FOO CHOY PENG, Chief Reporter SINGAPORE GAINS a little more than it loses in the United States latest review of duty-free privileges for exports of developing countries. This is due primarily566 words
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87 1987-04-14 1 AFP A LEADING Indonesian MP yesterday warned that Indonesia should be careful in accepting Hongkong investment since some of the funds might have originated in China. Parliament's Deputy Speaker Hardjanto Sumodisastro, speaking shortly after returning from the British colony, said that interestAFP - 87 words
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210 1987-04-14 1 AP. AFP THE US GOVERNMENT, insisting that it will impose sanctions on Japanese electronics products by the week's end, is narrowing the list of targeted items from US$l.7 billion worth to US$3OO million. Public hearings were to begin in Washington yesterday onAP.; AFP - 210 words
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Page 1 Advertisements
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Advertisement127 1987-04-14 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "IT'S A COMPUTER SCREEN. IT'S A T.V. MONITOR IPS WORRY FREE UNTIL THE END OF 1990!" "IT'S A SONY!" Mil YE KX-14CP1 Computer graphics, Video Movies or TV have never looked finer! Sony's Super Trinitron colour monitor displays bolder huesand sharper contrasts. The revolutionary127 words
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Advertisement330 1987-04-14 1 Texaco files for protection TEXACO has filed for protection from its creditors in a federal bankruptcy court as a result of its bitter legal dispute with the Pennzoil Company. Texaco, America's third largest oil major and the largest company ever to enter bankruptcy proceedings, has been fighting an US$ll billion330 words
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Advertisement43 1987-04-14 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM More stories on Cariier X cx Bb A '4 '<*, '<* p mu/t 69 C a/iier BOUTIQUES ky mu/t'd? C artier fbr»S #01-36. Lucky Plaza. 304 Orchard Road Tel *****27 #01-04. Hilton Shopping Gallery. 581 Orchard Road Tel *****9643 words
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HOME NEWS
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572 1987-04-14 2 BENNY OON - Project to gauge problems and prospects By BENNY OON THE SINGAPORE Hotel Association (SHA) has plans to hire external consultants in a self-help drive designed to guide the industry through its spell of low occupancy rates The association will advertise shortly for572 words
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419 1987-04-14 2 JAIME LYE - By JAIME LYE FILM DISTRIBUTOR Warner Brothers Inc is set to make inroads into the Asean home video market, and has chosen Singapore as one of its two start-off points. Warner Home Video was launched on April 10 even though there are still419 words
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494 1987-04-14 2 TSANG SAU YIN - By TSANG SAU YIN THE SINGAPORE Training and Development Association (Stada) will be playing host for the first time to the 14th Asian Regional Training and Development Organisation conference next month in Singapore. The May 5-8 meeting, which is considered a major event494 words
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156 1987-04-14 2 LORD LUCAS, Britain's Parliamentary Under-Secretary of State for Trade and Industry, will be in Singapore this weekend During his visit from April 1821, he will be dropping in at Medic-Asia '87, a medical equipment exhibition and conference in which nine British companies will be156 words
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Article83 1987-04-14 2 CONSPICUOUSLY ABSENT from the first air defence exercise held this year by nations under the Five Power Defence Arrangement (FPDA) will be aircraft of New Zealand and the UK. The exercise, ADEX 87-3, will be held over Singapore and Malaysia from Tuesday through Friday next week, said the83 words
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404 1987-04-14 2 WILLIAM CHIA - By WILLIAM CHIA ACTIVITIES are finally getting onto the fast track for opening of the 10,000-square-metre Tokyu Department Store (Singapore) Pte Ltd at the Marina Square complex. "We want to open before Christmas this year," said Mr -Yuka Suetsuna. the project general manager,404 words
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Article, Illustration256 1987-04-14 2 ANNA TEO - By ANNA TEO TELEVISION VIEWERS who tuned in to the Oscar presentation on Sunday night to catch Hollywood celebrities at their annual glittering bash might have noticed a face much closer to home. One Singaporean was onstage at the Dorothy Chandler Pavilion the256 words
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313 1987-04-14 2 THE CANADIAN High Commission hopes to offer Canadian business and professional organisations in Singapore free office space when it moves into IBM Towers in October. The Canadian High Commissioner to Singapore, Mr Sean Brady, told BT he thought Canada's profile "was not sufficiently313 words
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285 1987-04-14 2 SINGAPORE adopted English as a working language for effective linkages with the western world, and opted for bilingualism to hang on to its cultural heritage. This point was made by Dr Tay Eng Soon, the Minister of State for Education, yesterday285 words
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Article, Illustration832 1987-04-14 3 GOH YEE LING - Local fashion was the phrase on everyone's lips last week as local designs and designers took centrestage at Singapore Apparel '87. As the participants close down their booths and pack up their creations, GOH YEE LING looks back at the week that was. GOH YEE LING832 words
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462 1987-04-14 3 BOEY KIT YIN - By BOEY KIT YIN THE SUCCESS of the recentlyended Singapore Apparel Show has spurred the Asean Federation of Textiles Industries (Aftex) to plan its first joint apparel, textile and accessories show for 1969. The exhibition is aimed at selling the462 words
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Page 2 Advertisements
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Advertisement61 1987-04-14 2 'x A X VI •I ..M 4 i -v KT V a Korean Air wide-bodied jet takes off from Singapore bound for Seoul. With ten connecting flights to New York every week, it's a fast and easy way to fly. For full flight details please contact our Singapore office on61 words
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Advertisement99 1987-04-14 2 Commodore PCat a low t «< lus<vt- Osl'OotO" Yes! An imported, original Commodore PC compatible at an unprecedented low price offer amongst quality PCs. Available at SysTech and other authorised dealers:- Compac Computer Tel *****66 K.L Supply Services Tel *****88 Microcraft Computer Engrg Pte Ltd Tel *****65 Microdata Computers Tel99 words
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Page 3 Advertisements
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Advertisement224 1987-04-14 3 XEROX Improve jour image. Give documents, letters, memos, price-lists etc. publishing quality with the most friendly yet most versatile software package VENTURA Publisher. VENTURA Publisher flexibility. Recreate documents and complex reports to suiteach customer. Revise price lists quickly. Create great advertising flyers, promotional material. Make better use of your hardware224 words
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Advertisement154 1987-04-14 3 else puts you in the heart of Malaysia's capital at such affordable pnces. Where else offers such a haven of relaxation and bnngs you the luxury of the city's largest hotel rooms Where else but the Shangri-La Kuala Lumpur. £3. Recently voted one of the best hotels in the world154 words
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ASIA-PACIFIC
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551 1987-04-14 4 Petroleum receipts fall sharply MBT ELECTRONIC and electrical goods emerged as the largest foreign exchange earners for Malaysia last year, overtaking petroleum which had been the main foreign exchange earner since 1980 when it took over the position from natural rubber. Preliminary figures showMBT - 551 words
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175 1987-04-14 4 Reuter THE GOVERNMENT must announce harsh cuts in spending in its May 14 economic statement if it is to give an adequate response to Australia's economic problems, the ANZ Banking Group Ltd said Cuts of US$2 billion would be insufficient against the backdrop ofReuter - 175 words
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Article, Illustration447 1987-04-14 4 UPI ISRAELI LEADERS had a stormy cabinet meeting on Sunday over the question of an international Middle East peace conference, with the opposing sides hardening their views Prime Minister Yitzhak Shamir's Likud political parties issued a statement afterward declaring that an international peaceUPI - 447 words
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Article926 1987-04-14 4 ARRIVALS Operator Service Local From number time CAl CI341 0155 TPE FT FT75 0316 IAH/ORD/ANC/ CAl NRT/MNl/TPE CI333 0405 TPE MAS MH681 0820 KUl SV SV398 0835 JEO/RUH AC ACS 5 8 0850 YYZ/LHR/BOM MAS MH8t 1 0910 PEN MAS MH671 0920 KUL S1A SQ103 0950 KUL926 words
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Page 4 Advertisements
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Advertisement237 1987-04-14 4 One of the many attractions which lure visitors to Switzerland, again and again. V. wsmWrnm} PES r V y,^ v: m •**:> U* pSep <r&&» s,' tbsj&X §§|S -*> s-;«&£&& iSSSIi 5 Vi SHS i if©© B 89 ,wv-' vv M&i, i, if '--..r %m -~r WG8&& y V' s:,237 words
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Advertisement63 1987-04-14 4 I \fV I I \j\ I The business person's croce every I I II I I lfl II I Tuesday. Saturday and Sunday I M m\ I m\ Leaving Chongi Airport a' 22 05 V JJ- hours and arriving Heathrow at 06 45 hou r s the following rooming Call63 words
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REST OF THE WORLD
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Article, Illustration291 1987-04-14 5 Reuter ITALIAN Prime Ministerdesignate Oscar Luigi Scalfaro has completed hurried consultations to form a new government but appears to have made no progress in staving off the prospect of early elections. Political sources said Mr Scalfaro, 68, would probably reportReuter - 291 words
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344 1987-04-14 5 AP MANKIND'S conquest of space will require international cooperation and a pooling of resources, say planners of an educational endeavour called the International Space University project. "We have one chance and only one chance to move into space as one species. Right now."AP - 344 words
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326 1987-04-14 5 AP INVESTIGATORS have completed a report into an alleged racket at the Irish embassy in London involving the illegal sale of Irish passports for up to £15,000 each to Libyans, Iranians, Lebanese and other foreigners. Foreign Ministry sources in Dublin confirmed on Sunday thatAP - 326 words
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541 1987-04-14 5 Politicians, businessmen and economists disagree over the remedies NYT WEST GERMAN and American politicians, business executives, and economists have clashed sharply in West Berlin on national policies for checking the fall of the US dollar, reducing the US trade deficit, and resolving theNYT - 541 words
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152 1987-04-14 5 Reuter TURKEY will apply today for membership of the 12-nation European Community (EC). Foreign Ministry officials said a formal announcement was expected from Prime Minister Turgut Ozal after a meeting with President Kenan Evren. They said Minister of State Ali Bozer, in chargeReuter - 152 words
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Page 5 Advertisements
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Advertisement43 1987-04-14 5 Jafoer-leCoijltre, w Kt-f 101 IL'O.l I Moon phases" gents' model by Coultrtx Automatic movement with complete calendar. Available in SINGAPORE: Sincere Watch Pte Ltd Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C.I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd43 words
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Advertisement279 1987-04-14 5 CREDIT PLUS A new revolving line of credit i Mrrvr a2^*<AM mm ■i* ®z£m 2* s# d*iMi tCKzivi \\xZ& J? <5> Just what you'd expect from Singapore's leading finance group. What is Credit Plus? With just one application you have a revolving line of credit available for use anytime (today,279 words
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Page 5 Miscellaneous
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Miscellaneous45 1987-04-14 5 Doonesbury THEY CALL US BANCS HOSTESSES NOW, PUOS. A rs. s/ i FCRSfVB MB TUB PLACE HAS iHAma B6ENHEBE STTHCTV/CLAG6 NCMAPANCE i COSTS A BUCK! BY GARRY TRUDEAU THAT SEEMS RBA- LIKE THE SON ABLE. ESPBCAU DOUMTE FOKAmiZ. YOU lONCB CANMTZ,CAN7 MAS LEAP ON. SAILOR!45 words
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COMMODITIES
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552 1987-04-14 6 Reuter A WHEAT SUBSIDY offer to the Soviet Union appears to be under serious discussion in the Reagan Administration but it might be a few weeks before such an offer is made Recent speculation has been that the US might offerReuter - 552 words
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139 1987-04-14 6 Bernama A MASTER PLAN for the development of forestry in Sabah is being prepared by the Sabah state government with the aid of the United Nations Food and Agriculture Organisation. FAO assistant director-gener-al Dr Flores Rodas said in Kota Kinabalu last week thatBernama - 139 words
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Article66 1987-04-14 6 Reuter UGANDA'S coffee marketing board (CMB) has stopped offering coffee on the international market because it is unhappy with current prices. The CMB suspended offerings last week but it was not clear how long it could sustain such a policy because of its urgent need forReuter - 66 words
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Article172 1987-04-14 6 Chinese Produce Gambier Exchange FOB NSW 230.00 Sellers' noon closing prices on FAMA Ap'H 13 (S$/)00 kg) Closing prices on April 13 Coconut oil Coconut oil bulk FOB 8800 (M$/100kg) Old drum FOB 9800 New drums 131.00 New drum FOB 102.00 2nd bond drums 126.00 Copra Bulk Local172 words
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Article76 1987-04-14 6 NAPHTHA and fuel oil prices fell in the East Asian petroleum spot market but other products remained stable. Crude (FOB origin) USS/borr«4 Oong. Dubai (Mar) 17.00 -0.03 W#f» T«aai WTI (May) 18 28 -0.35 Products (FOB S'pore) USJ 'borrj Chang* Koroian* 19.35 «d< Go toil 30.00 unc*76 words
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Article278 1987-04-14 6 Crude palm oil futures closed easier yesterday on lack of fresh overseas leads. April and May finished at MS74O for both months, down Mss and MsB each. June was Ms 9 easier at M 5739 per tonne. Turnover rose to 283 lots from 189 lots. Crude palm oil278 words
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Article284 1987-04-14 6 HONGKONG: Gold closed sharply higher yesterday in hectic trading on renewed buying interest, mainly from overseas institutions. Dealers said the continuing weakness of the dollar and underlying bullish sentiment for gold contributed to the rise. The metal closed at U*****.10/60 an ounce compared with Saturday's U*****.50/432.25 close and284 words
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Article215 1987-04-14 6 SINGAPORE The market closed slightly higher yesterday with May 1 RSS buyers quoted at 197.00 cents/kilo, up 0.75 cent from last Friday. On the TSR-20 market, trading was very quiet throughout the day but prices rose slightly. TSR-20 May and June closed at 164.50 cents/kilo, both up 0.50 cent.215 words
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Article146 1987-04-14 6 THE PRICE OF TIN on the Kuala Lumpur tin market (KLTM) rose one cant from last week's closa to and at M 516.61 yesterday In fairly modarate activity. The market started at last week's level of M 516.60 which attracted strong bids of 135 tonnes mainly by overseas146 words
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Article280 1987-04-14 6 RAS prices in S c*nts/kg, FOB in bata 1 NOON CLOSE foyers Sellers Buyers Sellers Int 1 RSS Prompt 199.50 200.50N 200.25 201.25N Wf 1 RSS May 87 196.25 196.75 197.00 197.50 bit 1 RSS Jon 193.00 193.50 193.75 194.25 Int 2 RSS OP 183.00 185.00N 183.50280 words
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Article82 1987-04-14 6 (c«o»« /kg, 1 -ton pollen) MAY 87 JUNE 87 (current month) (forward month) NOON NOON RAS Svy«r» S*)t*r> k>yer» S*H*r» SSR 20 171.00 173.00N 171.00 173.00N SSR 50 170.00 171.00N 170.00 171.00N MRELB #uy»rj S*ll»r» 5uy*n S*ll*n SMR CV 241.00 243.00N 242.00 244 00N SMR I 239.5082 words
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Page 6 Advertisements
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Advertisement323 1987-04-14 6 s i Vs. J J m a V r A m v .wo^a If there's one sure way of making someone sit up and take notice of you. it's by having the new computer system you've recommended breakdown. He may even call you into his office for a personal chat.323 words
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WORLD BACKGROUND
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Article, Illustration796 1987-04-14 7 AP FORMER Zimbabwe Prime Minister lan Smith's recent ouster from Parliament foreshadows the end of nearly a century of racial privilege for Africa's largest white population living under black rule. Although technically suspended for only a year,AP - 796 words
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751 1987-04-14 7 Reuter EVEN THOUGH thousands of people have lost their jobs because of the New Zealand Labour government's drastic economic reforms, the party is enjoying a surge in popularity. Labour, which must hold general elections by the end of September, hasReuter - 751 words
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793 1987-04-14 7 NYT ONE YEAR after American warplanes attacked Libya, American officials say that Colonel Muammar Gaddafi appears to have reduced his involvement in terrorism, but the reasons they cite seem to go beyond the shock of the bombings. The Libyan leader has sufferedNYT - 793 words
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276 1987-04-14 7 Reuter EAST GERMANY'S communist rulers, haunted by the mass emigrations of the *****, seem worried by a continuing stream of applications to leave the country by discontented citizens. Communist Party sources said General Secretary Erich Honecker devoted a secret part of a recent KeynoteReuter - 276 words
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Page 7 Advertisements
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Advertisement93 1987-04-14 7 WHY SINGAPORE WON'T BE WORKING LATE TONIGHT. ft km-' vW i v>-* -v* ".V-TT *1« H*: t-v 4 jf f 'fv' v-%*' •s* v v wVv 7 4'"i"'- 4 WS'sk.. V|" -\_K ■tw'i 9mv^ IT -r: L'-» S3 PBSSsI iziSM £K cK /w £3* Wf^i^ 3-* 4 rO &£hl j93 words
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Advertisement100 1987-04-14 7 V I r V- V i 1 i^Sll •a t .'is THE CRICKETER SPORTING SPECIAL The Cricketer English Pub is now offering a sporting luncheon special of whole Roasted Sirloin of Beef on the Wagon, with Salad, Country Bread. Cheese Board, and Fresh Fruits for $14 12 noon to 2100 words
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FEATURES
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Article573 1987-04-14 8 IT IS NICE and proper for countries to say that they are hopeful about forthcoming talks. So it is that China and the Soviet Union have recorded their individual optimism over the chances of progress at political normalisation talks, the tenth round of which will573 words
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Article, Illustration1223 1987-04-14 8 HARIHAR KRISHNAN - The high cost of liability insurance in America has forced a number of states to modify their laws to allow corporations to indemnify directors and officers against shareholder suits and other litigation as long as the directors have not committed fraud or other criminal acts,UPI - 1,223 words
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Article690 1987-04-14 8 AP VISITORS to Japan may think they're being overcharged when they're forced to pay US$l5O for the taxicab ride into downtown Tokyo from Narita Airport. The same goes for the US$6 glass of orange juice and US$lOO steak dinner at hotels. Such price distortionsAP - 690 words
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Page 8 Advertisements
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Advertisement182 1987-04-14 8 THE HILTON-BRITISH AIRWAYS PLAYHOUSE proudly presents c9OCOO "You won't stop talking about John Inman... here's a performance and a half in a play and a hair' Express "Here is a Box Office hit if ever I saw or heard one" Telegraph thc mr co«e»r bgctmus cavrcwcc Also Starring PATRICIA BRAKE182 words
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Page 8 Miscellaneous
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Miscellaneous658 1987-04-14 8 CRYPTIC PUZZLE ACROSS 3 Do teach incorrectly! (5) 8 It can be green or streaky (5) 10 Melts, having a fruit centre (5) 11 They leave a poet with very little money! (3) 12 Fine glass, but sticky (5) 13 Lose hope of getting praised? (7) 15 Helped some laddies658 words
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SPORTS
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Article, Illustration960 1987-04-14 9 NYT IN TALKING ABOUT his chances to repeat his theatrical Masters victory of last year. Jack Nicklaus joked: "I'm going out to look for some lightning; maybe I can catch it again." But the lightning was out there on Sunday, as Greg Norman discovered. LarryNYT - 960 words
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281 1987-04-14 9 A LOCAL SPONSOR has been found for the Singapore leg of the US$5O,OOO Pro Kennex Asian Satellite Circuit tennis championships. Malayan Traders, the sole agent for Bonds Grand Slam sportswear, has put up $30,000 for the Singapore tournament which will offer U5512,500281 words
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Article421 1987-04-14 9 WALTON MORAIS - By WALTON MORAIS CONTROVERSY surrounds the selection of the Singapore golf team for the Dunhill Cup prequalifying competition in Kuala Lumpur on April 28. The two players who were originally selected and then dropped from the team will be meeting the national association's management421 words
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409 1987-04-14 9 Reuter MILOSLAV MECIR kept his patience and overcame an angry John McEnroe 6-0. 3-6, 6-2, 6-2 on Sunday to win the US$5OO,OOO WCT finals tennis tournament. The Czechoslovak, who had never won a set from McEnroe, said he tried to ignore the American's outburstsReuter - 409 words
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Page 9 Advertisements
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Advertisement180 1987-04-14 9 MIZUNO. THE WORLD'S BIGGEST SELLING GOLF CLUBS. AiTP.on Astron clubs are made to suit many X levels of golfers, especially those in the mid to high handicap range. The clubs are weighted progressively "7^ from the toe in the long irons toward the heel in the shorter irons. This counter-balances180 words
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Page 9 Miscellaneous
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Miscellaneous1332 1987-04-14 9 TO QBE) GftOQ® TUESDAY PREMIERE Vengeance: The Story of Tony Cimo 10.30pm, Channel 5 Tony Cimo (played by Brad Davis, right) seeks vengeance when his step-parents are brutally murdered. Based on a true story, this movie also stars William Conrad as Jim Dunn, the ex-solicitor who provides legal advice to1,332 words
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INTERNATIONAL COMPANY NEWS
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Article424 1987-04-14 10 Largest American company ever to file for bankruptcy Reuter OIL GIANT Texaco has become the biggest US company ever to file for bankruptcy after taking the step to fight a multi-billion dollar legal battle with a rival company. "We have no choice in the matter," TexacoReuter - 424 words
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Article, Illustration522 1987-04-14 10 AFP WITH NEW DEALS concluded or in preparation on three continents, British publisher Robert Maxwell is set to create a worldwide media empire to rival that of Australian-American magnate Rupert Murdoch. Two days after buying into France's mainAFP - 522 words
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273 1987-04-14 10 Reuter THE CHICAGO-BASED BorgWarner corporation, facing an unwanted takeover bid from the Gaf Corporation, has agreed to a U554.23 billion buyout from a company to be formed by Merrill Lynch Capital Partners. Borg-Warner, which is in many businesses, including chemicals, plastics and automotiveReuter - 273 words
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656 1987-04-14 10 Shearson LEHMAN BROTHERS NYT SHEARSON LEHMAN Brothers seems to have chosen an ideal time for its initial public offering the largest of stock in a brokerage house. The stock market is booming and bond prices and the dollar have been gyrating, producing the kind ofNYT - 656 words
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Page 10 Advertisements
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Advertisement377 1987-04-14 10 *r 3W36 Happy Hour at the Treetops Bar Barons Tavern 1 .V r ;-T n,~ \siA i IP if > EBMHBi Where you can enjoy a 50% discount on all beverages from spm to Bpm at the Treetops Bar spm to 7pm at the Baron's Tavern daily. Offer is not377 words
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Advertisement205 1987-04-14 10 We earnestly suggest you take afternoon refuge in our $4.50. one price menu of 24 local and western favourites. All at hawker prices in air-conditioned comfort from 3pm to 6 pm daily. The minute you feel the rumbles. head for shelter here. (All prices sublet to 10% Service Charjre and205 words
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ASIAN STOCKS
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Article481 1987-04-14 11 HONGKONG: Share prices closed sharply lower in moderate trading yesterday on concern over the growing US-Japan trade row and a possible rise in local interest rates The Hang Seng Index slid 57.47 to 2,708.94 with most of the losses recorded late in the afternoon. The Hong Kong Index fell481 words
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Article317 1987-04-14 11 APR 13 NT t Kolin 32 80 16 Kuochan Dev 36 80 06 Lee Chang Yuen All Sincere Indus 4 78 *0 43 Chem Indus 37 40 0 9 Asia Cement 41 00 06 Lien Hwa Indus 26 60 15 Cathay Cons 51 00 2 3 Nan Ya Plas317 words
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Article486 1987-04-14 11 Reuter TOKYO: Prices plunged in moderately active trade yesterday as concern over the dollar's fall against the yen and deepening dis- agreement between Japan and its trade partners sparked a bout of nervous selling, brokers said. The market average eased 297.05 to 22,919.54 after earlier touching 22,651.09, and aReuter - 486 words
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Article72 1987-04-14 11 APR 13 PESOS Marsteel Oriental B 0 028 0 001 Acoie Mining Phil Overseas Philex B 0 042 043 unch unch Anglo Phil Apex Mining B 0 0675 -0 0025 PLOT 360 Atlas Con B 25 05 0006 0 001 0 012 unch undi Benguet Con B First Phil72 words
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Article505 1987-04-14 11 SYDNEY: Australian share markets closed at record levels for the seventh consecutive session yesterday as strong overseas interest in gold stocks pushed the market higher. Brokers said heavy trading in golvi stocks in London on Friday night provided the impetus for the local market. At the close of trading505 words
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198 1987-04-14 11 Reuter AUSTRALIA and New Zealand Banking Group Ltd is making a one-for-two bonus issue from its asset revaluation reserve to shareholders registered June 2. The proposed bonus and an increase in authorised capital to one billion one-Australian dollar par shares fromReuter - 198 words
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Article81 1987-04-14 11 Reuter AUSTRALIAN Anglo American Investments has sold its 18.4 per cent stake in Poseidon Ltd to Perthbased investment company Normandy Resources NL, Poseidon's chairman Allister McLeod said. Normandy's record as an investor indicates its objectives are not in conflict with those of Poseidon, he said. TheReuter - 81 words
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546 1987-04-14 11 Strong yen forcing layoffs and paycuts AP IN TOKYO'S financial district, each upward tick of the Japanese yen now registers on new digital wall "clocks But in Kimitsu, steelworkers get the news via their paychecks and the news is bad. The JapaneseAP - 546 words
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318 1987-04-14 11 Reuter ANSCOR CAPITAL and Investment Corp (ACIC) has set up a US$2O million Bermuda-based investment holding company with three foreign partners to channel investment into the Philippines through the government's debt-equity conversion programme. Speaking in Manila, ACIC president Francisco Dizon saidReuter - 318 words
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Page 11 Advertisements
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Advertisement677 1987-04-14 11 r rH 1 J* P P r V, m wsm m vm I 0 u T T" 4we» ■■■■Wk/ < Em ?a fl Is #f=p aw y#r ffr w _2 '>*>,■-• Variety. With Quality. Our famous Nonva Buffet Lunch and sumptuous Buffet Dinner are great value for your money Only677 words
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Advertisement196 1987-04-14 11 ENTERTAINMENT OX Otwdaßcmd the Philippines A sensational band that is sure to please with its fast/ slow numbers, favourite oldies and latest rock. m&sjz m 3 f ftIIKCTH/. MMurraw. (CAIRNHILL HOTEL) 19 Cairnhill Circle, S'pore 0922. Tel: *****22 Fri, Sat eve of public holiday: 6pm 2am Mon to Thur Sun:196 words
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BANKING AND FINANCE
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440 1987-04-14 12 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent THE US DOLLAR has been forecast to continue sliding against the major currencies this year. Mr Daniel van Hove, manager, asset management, of Banque Internationale A Luxembourg (BIL), made this forecast yesterday at the BIL seminar440 words
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270 1987-04-14 12 Reuter VISITING US legislators have called on Japan to open its financial markets to more foreign participation and boost its efforts to head off growing US protectionism, a Japanese Foreign Ministry spokesman said in Tokyo. "We have come to seek the opening ofReuter - 270 words
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628 1987-04-14 12 Reuter TOP OFFICIALS of leading industrial nations appear deeply worried that financial markets have ignored their efforts to coordinate policies, which they believe they strengthened in talks last week. Monetary sources in Washington said officials were exasperated that the markets, which droveReuter - 628 words
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343 1987-04-14 12 Reuter SAUDI ARABIA will set up a special committee to hear legal disputes involving the kingdom's 11 commercial banks, Saudi bankers and lawyers said over the weekend. But they said that it remained unclear if this would satisfy bankReuter - 343 words
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MONEY AND EXCHANGES
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Article954 1987-04-14 12 SINGAPORE: The US dollar recovered yesterday against most major currencies in thin late trading but closed below New York's Friday finishing level. Dealers said short covering in the afternoon and repeated dollarbuying intervention by Bank of Japan helped the dollar to recover some of its morning losses. It954 words
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Article207 1987-04-14 12 Interbank rates at 3pm yesterday: Local dollars to BM ono unit of 00ar mil partly foreign currency: c**ng. US doilor 2.1365 2.1375 2.8196 -24.23 Sterling pound 3.4728 3.4766 7.3469 -52.73 Australian dollar 1.5372 1.5400 3.4286 -55.17 NZ dollar 1.2381 1.2408 3.4286 -63.89 Canadian dollar 1.6394 1.6417 3.4206 -52.07207 words
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Article, Illustration181 1987-04-14 12 Indicates the average of the prime lending rate# of 12 major banks in S'pore Interbank market rates (offer/bid) on April 13 us$ DM SWFC Y«n 7 6oy% 3/4 5/S t 3/4 J, 3 IS/16 13/16 1 1/4 1 41/1-4 t mti 3/4 S/t 1 J/16 13/1* 3181 words
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Article113 1987-04-14 12 THE OVERNIGHT rate on the Singapore interbank market rose lost point to close at 3% per cent yesterday. The term rates rose K point across the board. S$ Interbank rates at 7pm yesterday: Offer Md Oomr*V 3 3/4 3 1/2 1-«* 3 9/14 3 7/1« 2-mor#. J 9/t6113 words
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Article220 1987-04-14 12 ASIAN DOLLAR deposit rates closed higher yesterday compared with last Friday's levels, after a day of moderate trading. Asian dollar CO rates ended firmer compared with Friday's close. initfDini otpoiit rfiM us$ OHf lid 7 dayi 6 11/16 6 9/16 1 man* i 6 3/4 6 5/8 2220 words
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Article598 1987-04-14 12 BA Futures JUNE Eurodollar opened sharply lower at 93.01 and eased off to a low of 92.99 on a weaker US dollar in a still bearish market outlook. However, short covering ahead of today's US merchandise trade figures saw prices recovering to 93.02. Liffe session saw the market remainingBA Futures - 598 words
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Page 12 Advertisements
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Advertisement154 1987-04-14 12 This advertisement appears as a matter of record only. April 1987 B Keppel Corporation Limited (incorporated in the Republic of Singapore) U. 5.575,000,000 4 per cent. Convertible Bonds due 1997 Issue Price 100 per cent. Morgan Grenfell Co. Limited Daiwa Singapore Limited Morgan Grenfell (Asia) Limited Banque Internationale A Luxembourg154 words
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SHARE INFORMATION
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Article, Illustration4377 1987-04-14 13 SHARE PRICES on the Singapore stock market finished at a new high yesterday as lower-priced Malaysian stocks and selective Singapore counters continued to be in firm demand. The Straits Times Industrial Index closed at 1,104.35. up 6.42 points while the BT Composite Index increased4,377 words
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Article192 1987-04-14 13 SINGAPORE Rises Indices ITEoSft, 340 ,T *5**° "JW os FtLS 680 *15 ,T 1 0-doy MA -0416 -6400 rs:"- S S2L* S^r r 50 220 2 ***** KXTMLoSO* 170 +1 S T ''°P"*« 5»»" ***** OSS 1260 0 STMinin 300 09 300.53 NST 7AC, in STPIontofiom 1953.42192 words
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Article4319 1987-04-14 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".4,319 words
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Page 13 Advertisements
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Advertisement16 1987-04-14 13 KL market report, Business done on the KLSE, Page 14 On target, Chart Point every Saturday16 words
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COMPANY MEETINGS
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Article, Illustration811 1987-04-14 14 Personal assistant tells of destroyed documents NYT THE LONG-RUNNING Guinness «candal is again a focus of national Intention as new details, charges «nd countercharges in the case were revealed last week in a London High Court. Last Friday, the personal assistant to Ernest Saunders, theNYT - 811 words
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Article118 1987-04-14 14 HONGKONG Hongkong Index Monday 1739 24 Friday *****9 Wnt ogo do»«d Hang Seng Index Monday 2706 94 Friday 2766 41 W ogo clos*d All Industrials Monday ***** Fridoy ***** WNk ago ***** NEW YORK Dow Jones Friday 2338 78 Ttwndoy *****0 WMfc ago 2390.34 TOKYO Nikkei Average Monday118 words
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Article240 1987-04-14 14 Manogen' prices MARA-Bumiputra for April 14 Fint B'pufo 418 6 23 Second B putro 532 537 Singapore Unit Trust TKtrd B' putro 437 442 Coo—re* 1 06 Tlw Savmgi Fund 0*1 S'por* Prog Kind 041 S'pon S*c Fund 0.71 S'por* Fund 0 78 S'por* Equity Fund 051 1240 words
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465 1987-04-14 14 BULLS continued to dominate trading on the Kuala Lumpur stock market yesterday and share prices of speculative and quality stocks rose across the board. High volumes accompanied the frenzied buying and the interest was widespread. Stocks which were actively traded were465 words
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Article2737 1987-04-14 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Aonomoto (3168) Aicom (7481 lIS 77 0» 76 13»2,737 words
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Article163 1987-04-14 14 SEAUON HOTELS Limited: 11th AGM at Gateway 4 Room, Level 2. Pan Pacific Hotel. Marina Square. Singapore 0103 on April 18 at 10.30am. INCH KENNETH KAJANG Rubber Public Limited Company: 77th AGM at 5th Floor. Straits Trading Building. 4 Leboh Pasar Besar, Kuala Lumpur, Malaysia, on Monday, April163 words
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Article1293 1987-04-14 14 Cfl Ex Books Data ToM tor Total tor peyment Me CiOM peyaM* to yaar M poor A 1 N 13%% NYA NYA NYA 27% 27% A Enterprises 2%W Jun 5 Jun 17 Jul 3 5% 22% Aona 1%TE NYA NYA NYA 1%TE 4%TE AJInomofo '2% Apr 21 Moy1,293 words
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Article, Illustration577 1987-04-14 15 Stanchart how close are the bidders? tcmoq mm*** By HOCK LOCK SIEW INTEREST IN Standard Chartered Bank is brewing again. Mr Robert Holmes a Court s Bell Group International last week raised its stake in the bank to 14.99 per cent, the maximum anyone is allowed to hold in aBy HOCK LOCK SIEW - 577 words
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493 1987-04-14 15 ELAINE KOH - ty ELAINE KOH THE STOCK EXCHANGE of Singapore has received to date a total of 12 applications under its scheme to corporatise the stockbroking industry. The exchange has set a quota of eight tie-ups between foreign institutions and local brokers, qut of493 words
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379 1987-04-14 15 AMY CHEOK - By AMY CHEOK THE UNITED Industrial Corporation group, currently trying to take over Jason Mining Ltd. might be revising its cash offer for the publicly-listed gold mining company in Australia. UIC, whose interests range from international asset management to detergent379 words
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Article, Illustration855 1987-04-14 15 NAJEEB JARHOM - Shareholders asked to approve property deals By NAJEEB JARHOM ALTHOUGH CITY Developments is buying some properties belonging to its controlling shareholder. the Hong Leong group, the latter is to a large extent not taking cash out of the company. This is because the855 words
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277 1987-04-14 15 AP BOND CORP Holdings Ltd of Australia is expected to buy 14 million shares in San Miguel Corp under an agreement between the Philippines-based brewery giant and a govern-ment-run bank, a company spokesman confirmed yesterday. "There has been an agreement reachedAP - 277 words
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160 1987-04-14 15 AfTER A TWO-WEEK delay because of legal technicalities. Hotel Tai-Pan will be sending shareholders the prospectus and provisional allotment letter in respect of its rights issue today. Last October, the company announced that along with a $30 million capital restructuring, it was160 words
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231 1987-04-14 15 Bernama ES PLANTATION-BASED Asiatic Development Bhd's special issue of 72.64 million shares of 50 cents each at par to Lembaga Tabung Angkatan Tentera (LTAT) will be listed and quoted from Wednesday. In a circular to its shareholders yesterday, Asiatic said the new shares wouldBernama ES - 231 words
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159 1987-04-14 15 Bernama ES COLD STORAGE (M) Bhd has reported a 15.2 per cent drop in group pre-tax profit to MJ4.70 million for fiscal 1986 from M 55.55 million in the previous year. Group turnover fell by 5 per cent to MJ159.67 million from M 5168.04Bernama ES - 159 words
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Article302 1987-04-14 15 SEMBAWANG Towing Co is to be renamed Sembawang Maritime Ltd in anticipation of its public listing on the Stock Exchange of Singapore this month. Yesterday, the company announced that it had signed a fiveyear contract with the Port of Singapore Authority to supply three tugs on a time302 words
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Article34 1987-04-14 15 Company RIGHTS ISSUE 1 C S One-for-foor $4 00 per shore Ex-dote Apr 9 Books dose: Apr 16 Company BONUS ISSUE CCM Two-for three Ex dote: Apr 7 Books dose: Apr 1734 words
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Article325 1987-04-14 15 Company RIGHTS ISSUE Bedford On* for on* <g $050 per shor* C 1 Holdings 27 million loon stocks in th* rotto of (3 loon stock lor *v*ry fiv* ordinary shores h*ld City Dew On*'for four $1 40 p*r shor* tights issu* of bonds with warrants in th* ratio325 words
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Page 14 Advertisements
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Advertisement260 1987-04-14 14 NOTICES In the Matter of The Companies Act, Cap. 185 and In the Matter of SHINYO KOGYO PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 20 Wan Shih Road, Singapore 2262 on Monday, 13th day of April 1987260 words
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Advertisement237 1987-04-14 14 WAJA ENTERPRISES PTE LTD Notice of Resolutions for Member*' Voluntary Wlndlng-Up (Pursuant to Section 290) At An Extraordinary Oeneral Meeting of the Members of WAJA ENTERPRISES PTE LTD. duly convened and held at 50 Robinson Road #00-00, MNB Building, Singapore 0106 on 13 April 1967, the following Special Resolution wss237 words
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Advertisement258 1987-04-14 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 180 AND IN THE MATTER OF CLEA INTERIORS PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap. 185 that a Final Meeting of the members of the abovenamed258 words
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Advertisement156 1987-04-14 14 Official Notice Proposal To Change A Ship's Name Notice Is hereby given that In consequence of the Intended purchase of a ship by oar clients, Ove Skou Shipping Pte. Ltd.. we have applied to the Director of Marine under Section 417 of the Merchant Shipping Act (Cap. 173) In respect156 words
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Page 15 Advertisements
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Advertisement99 1987-04-14 15 LAS VEGAS, NEVADA 42 unit commercial office complex zoned approved condominium 21,000 sq.ft. 3 separate buildings 42 separate Titles Prime East Tropicana location 2 minutes to airport presently 85% rented financing open U.S. 1,899,000 Contact MP. Kltar (Singapore) 772-3069 or 474-2791 UNIQUE QPPQRTUNITY THAILAND Construction company operating in Thailand and99 words
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Advertisement141 1987-04-14 15 APPOINTMENTS MICROSCIENCE INTERNATIONAL CORPORATION SINGAPORE We are a rapid-growing high tech Winchester disk drive manufacturer. The following positions are available for suitable candidates: GENERAL MANAGER a b.sc. degree is a must, M.Sc. or MBA degree preferred. Must have a minimum of 5 years' experience with a major manufacturing corporation. Experience141 words
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531 1987-04-14 16 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent THE CONTRACTORS' association yesterday expressed its unhappiness over the way the Public Works Department handled the Central Expressway tender (CTE), and called for a re-examination of its tendering procedure. The Singapore Contractors Association Ltd (SCAL) said531 words
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Article, Illustration486 1987-04-14 16 MARTIN SOONG - By MARTIN SOONG WARSHIP DESIGN specialist Vosper-QAF is marketing a new fast patrol boat made to counter terrorist attacks, and combat drug smuggling and piracy. The F-21A is an all-aluminium alloy high-speed interceptor design, conceived in 1985 and bought over last April by Bru-nei-backed486 words
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Article, Illustration265 1987-04-14 16 HOW TO INCREASE cooperation on investment and trade was discussed by government leaders from Indonesia and Singapore yesterday. It was raised when the Indonesian Minister tor the Promotion of Domestic Products, Mr Ginandjar Kartasasmita, met the Singapore Trade Industry Minister. Brigadier-General (Res) Lee265 words
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439 1987-04-14 16 LUCY NG - By LUCY NG in Kuching MALAYSIAN Prime Minister Dr Mahathir Mohamed is expected to receive a mixed reception when he arrives in Sarawak today to campaign for Parti Pesaka Bumiputra Bersatu (PBB), a member of the National Front. The Sarawak elections were called439 words
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272 1987-04-14 16 AFP, Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday that he was declassifying documents in response to criticism that he had mishandled major projects He said that the documents should end misconceptions about the projects, which have become a majorAFP,; Bernama - 272 words
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176 1987-04-14 16 Bernama THE SPENDING CEILING for the Fifth Malaysia Plan will be reduced to Ms 49 billion from its original Ms 74 billion, the direc-tor-general of the Economic Planning Unit (Prime Minister's Department), Tan Sri Radin Soenarno, said yesterday. The Fifth Malaysia PlanBernama - 176 words
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121 1987-04-14 16 Reuter CHINA yesterday minimised the importance of Soviet troop cuts in Mongolia but said that it hoped for progress on the Cambodian problem at Sino-Soviet talks starting in Moscow today. "We have noticed that the Soviet Union has started its partial troop withdrawal fromReuter - 121 words
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Article100 1987-04-14 16 Reuter COMEX SILVER futures attracted profit-taking yesterday morning after a rally, inspired by firmness in gold and weakness in the US dollar, ran out of buyers under last Friday's highs. Silver for delivery in May held a modest gain of 4.5 cents at U556.65 an ounce following aReuter - 100 words
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Article65 1987-04-14 16 Reuter WALL STREET stocks yesterday slid lower in moderate trading as investors nervously awaited the opening of Texaco, a Dow component, which filed for protection under the bankruptcy code. The Dow Jones industrial average eased a point to 2338. Declines led advances by a three-to-two margin onReuter - 65 words
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LATE FILE
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53 1987-04-14 16 Reuter CHINA'S leader Deng Xiaoping yesterday said the policies of reform and opening to the outside world would continue for at least 70 years. The New China News Agency quoted him as saying: "Any change will only lead to opposition by theReuter - 53 words
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Article46 1987-04-14 16 AFP TAIWAN'S garrison command and other secret security organs will be barred from handling customs and immigration under legislative revisions approved by the ruling Kuomingtang. A party official said the changes were a major concession to critics of the proposed law. AFPAFP - 46 words
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Article54 1987-04-14 16 UPI PRESIDENT Chun Doo Hwan unilaterally ended debate yesterday on how his successor will be elected this year. In a nation-wide broadcast, Mr Chun said he would leave office as scheduled in February 1988 and be replaced by a successor elected under the current indirectUPI - 54 words
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Article47 1987-04-14 16 AP PRIME MINISTER Yasuhiro Nakasone s ruling party failed to win back two key governorships and suflered setbacks in local assembly balloting in what was widely interpreted as a protest vote against the party's plans for a 5 per cent sales tax. APAP - 47 words
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40 1987-04-14 16 Reuter US Secretary of State George Shultz and Soviet Foreign Minister Eduard Shevardnadze yesterday began negotiation in an elegant Moscow mansion in pursuit of the first superpower arms control agreement in nearly a decade. ReuterReuter - 40 words
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37 1987-04-14 16 UPI THE PHILIPPINE armed forces have thwarted a plot by disgruntled soldiers to take hostage foreign children in Manila in yet another coup attempt against the government of President Corazon Aquino. UPIUPI - 37 words
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Page 16 Advertisements
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Advertisement235 1987-04-14 16 Leader, Page 8 BK~. akA.. i IBM* uiets 38 storeys of glistening modern architecture rising spectacularly above a strategic harbour front location. In the immediate vicinity of the new-generation Treasury and MAS Buildings, finance and commercial houses, major banks, even two world-class hotels. All in an area rapidly developing into235 words
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Page 16 Miscellaneous
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Miscellaneous55 1987-04-14 16 immm Outlook: Showers over several areas In the late morning and early afternoon. Report for 24 houra prior to 7.30pm on April 13 at the airport Maximum temperature 33.5 Aaaodated humidity 56 Minimum temperature 25.4 Associeted humidity M Hours of sunshine 9.80 Rainfall in millimetres Nil Rainfall this month 40.355 words
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SHIPPING TIMES
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465 1987-04-14 17 JUNE LIM - By JUNE LIM LOW RATES to the Gulf and impending competition from two newcomers have prompted Compagnie Maritime d'Affreightment, CMA, to revamp its schedule for its Far East-Eu-rope service. On the westbound leg, the company will drop Mina Qaboos as a port of call465 words
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338 1987-04-14 17 ITALIAN Industry Minister Valerio Zanone has signed a decree authorising the sale of the Lauro fleet, whose flagship the Achilla Lauro was hijacked by Palestinian guerrillas 18 months ago, Italian officials said. The financially troubled Italian group, which had been in the hands338 words
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PORTSIDES
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157 1987-04-14 17 OVER THE LAST two months, Ciserv AB, a member of the Citgo-Group in Sweden, has signed contracts to maintain engines of six vessels which are trading internationally. The presence of related companies worldwide is said to be instrumental in Ciserv AB's success in157 words
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Article88 1987-04-14 17 Establishing a Korean P I club Seatrade Week THE KOREA Maritime Institute has recommended the establishment of a Korean P I club in a recent research paper. The KMI reckons Korean owners could save US$5 million to US$l5 million annual premium payments by Korean owners to foreign P I clubs.Seatrade Week - 88 words
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66 1987-04-14 17 THE NORWEGIAN Guarantee Institute for Export Creditors, which has already experienced losses of Krl billion under its guarantee programme, is evaluating the exposure on the outstanding Kr2 billion. The Krl billion is made up of Kr7oo million in loan repayments and some Krsoo million in unpaid66 words
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Article43 1987-04-14 17 THE MOTHER SHIP of Japan's whaling fleet returned from the Antarctic yesterday, ending the country's 50-year involvement in commercial whaling in that region. Japan has been forced to halt whaling in the Antarctic under the International Whaling Commission's ban.43 words
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Article, Illustration1659 1987-04-14 18 Four acquisitions boost P O's market capitalisation to £2.5 billion Seatrade THE GUILDHALL School of Music has produced many great musicians, but its reputation hardly ranks with Harvard or Stanford when it comes to management training. For Sir Jeffrey Sterling, however, an art background is not toSeatrade - 1,659 words
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192 1987-04-14 18 AFP BRAZIL will launch its first nuclear-pow-ered submarine by the year 2000, a Brazilian daily newspaper reported. President Jose Sarney "already gave the green light" to a plan to build a nuclear-powered vessel during his administration, the paper cited an unnamed navy sourceAFP - 192 words
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Article716 1987-04-14 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean IX 4 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 ASCI III 1 Bait-Canada Line VII 4/5 Bait-Orient line VII 4/5 Bank Line V716 words
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Article1036 1987-04-14 18 BULKER rates continued to edge lower on the London shipping freights market on Friday with reduced payments accepted on US Gulf grain voyages to the Continent and Japan. Great Lakes and Argentine grain exports continued to feature, while numerous time-charter bookings included several more period engagements. Krohn worked1,036 words
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Article174 1987-04-14 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line174 words
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163 1987-04-14 19 Reuter THE OFFICIAL death toll from the ferry accident near a Gulf of Thailand resort island reached 21 with the recovery of the bodies of two more children and three more adults on Sunday. Marine police said the five bodies were found nearReuter - 163 words
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591 1987-04-14 19 Reuter KUWAIT has agreed to charter tankers from the Soviet Union in a move to protect its oil exports through the war-torn Gulf. Diplomatic sources said the agreement followed months of talks with Moscow and Washington on ways to secure its oil lifelineReuter - 591 words
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192 1987-04-14 19 Cargonews Asia THE PHILIPPINE Ports Authority managed to achieve a higher turnover on a reduced throughput last year. Collections reached 842.89 million peso (US$4l million) in 1986 compared with US$34.B million achieved in the previous year because of improved systems andCargonews Asia - 192 words
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188 1987-04-14 19 A SEMINAR on search and rescue at sea, with emphasis on the global maritime distress and safety system, is to be held in Leningrad, USSR, from July 20 to 31. The seminar will be jointly financed by the USSR and the188 words
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112 1987-04-14 19 AP SIX PASSENGERS were Killed and 46 others injured when a fire broke out on a river ferry near the city of Moulmein, south-east of Rangoon. The Burmese governmentowned working People s Daily said the blaze erupted on the upperAP - 112 words
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Article248 1987-04-14 19 AFP RELATIVELY brighter conditions continued over the past week on the tanker market, with most major loading areas enjoying increased demand and further gains in rates obtained. While the reason for these increased liftings was not immediately apparent, London brokers E A Gibson pointed to restocking combined withAFP - 248 words
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303 1987-04-14 19 AP IRAQI WARPLANES attacked and crippled a Cypriotflag oil tanker on its maiden voyage ferrying crude oil from Iran's Kharg Island oil terminal on Sunday, Gulf-based marine salvage executives reported. The 140,000-ton Lady Sky, which is owned by the Maltese company KappaAP - 303 words
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7313 1987-04-14 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore7,313 words
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Article1666 1987-04-14 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Alfesoni Als Hormony Bergen Arrow Far East Navee Fengchui Fujikawa Koheng Koto Raia lino 101 Ned Madras Niaga 31 Straits Pride U Enterprise Koto Berlion Trans Hov Auby Eostern Glory Giso Maru 8 Hoset Maru Jen son1,666 words
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Page 17 Advertisements
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Advertisement792 1987-04-14 17 v> Thf •nuKijfli Mammoth Hunters Jean M. Auel M LIJ CORONET BOOKS Available at all Good Bookshops TV OOCL OiyiNT OVERSEAS CotUaUm LINE Mir// JARDINE WirPINC AGENCIES (R«|. No. 242*4/ 00«) 200 CantOMiwnt Rood #12-05 Southpomt. Sinppor* 0208 Til 221 nil TELEX MO RS ***** TERMINAL/CFS Tol *****18 220 BOOKINGS792 words
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Advertisement57 1987-04-14 17 mm BRAZIL will launch its first nuclear-powered submarine by the year 2000. Page II KUWAIT has agreed to charter tankers from the Soviet Union in a move to protect its oil exports through the war-torn Gulf. Page 111 Index to advertisers II Shipping schedules VIII London freights II Ships in57 words
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Advertisement843 1987-04-14 17 rl\ BALT-ORIENT LINE I'Ju* Baltic Shipping Co Repiar Services from South East Asia to United Kinfdofn and North Continental Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel; *****33 MAERSK LINE EUROPE The Direct Line Towards A Weekly Service Port Ketang Penan 9 Ttm Luna M Closing Times CY 22/4843 words
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Page 18 Advertisements
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Advertisement328 1987-04-14 18 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT VILLE D URANUS VILLE 0€ PLUTON VILLE DC SATURNE Also accepting cargo to all U K destinations. Scandinavian (Aarhus Copenhagen Gothenburg) and ether European Inland points OI'TBOUND328 words
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Advertisement21 1987-04-14 18 Lines and services represented by C A Members of the Registry of Accredited [?E Shipping Agents. Singapore National Vvfti Shipping Association21 words
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Advertisement315 1987-04-14 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT at LOO. DA SUN VENTURE Itkanderun Madni TEL: 03-*****50 MALAYSIA SON. BHD. TLX: ***** MTM PT KLANG VIS Further load/ diacharpng porta en route subject to sufficient inducement Singapore Offer MTM Spore. Tel: *****00 Tlx: RS ***** MTM SEA Fa*: *****45 Frt. Booking contact315 words
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Page 19 Advertisements
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Advertisement835 1987-04-14 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok P&OCL^y^ P&O Containers Limited CONTAMERSHP SERVICE TO UK/COWTWENT: PEGASUS PRIOE PEGASUS PRIOE la Port/15 Apr 17-11 Apr O S Apr 24-25 Apr BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****60 AUBT STRAITS835 words
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Advertisement615 1987-04-14 19 CHARGEURS REUNIS >1 i'Ali A JMI r** (MED CLUB MEMBER) I Jwh NJw IS JMM CD KOK U Apr 13 Apr 14 Apr IS Apr 01 AMMAN a mini nook LOADING DIRECT FOR: lA-MUMON P.ROM POWTIU UNCVIUE DOUALA 2*C l»H 4NM (MR COTONOU LOK 10 M* UN* MEDITERRANEAN SHIPPING COMPANY615 words
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Page 20 Advertisements
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Advertisement313 1987-04-14 20 Sfr; »a'Ntainership service to uk/continent Hapag-Lloyd AIL UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MALMO HELSINKI. OSLO. AMSTERDAM CARIBBEAN t S. AMERICA CONV/SEMI-CONTAINER SERVICE TO EUROPE S PORE H'BURG RDAM A WERP MMINGHAM JtS TIANJIN 24/4 23/5 l»/5 V 6 2*5 CONV SEMI-CONTAINER SERVICE TO MED EUROPE (QNTAINERSHIP SERVICE313 words
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Advertisement483 1987-04-14 20 m SCS.LINE fMfi 9€ Co**o*ATi9* FULLY CONTAINERISED SERVICE T AMenTtoefoTtheAceCor«s^t« j,, i SB FROM ['JROPE VIA SUEZ Ace Consortium •fDR/MOTHER VESSEL *SP BU CRT lE/KOREAN JACEWOH ME 14/4 25/4 TWB ME/PACIFIC PROSPERITY K 21/4 2/5 SSB 59E/KOREAN WONIS SUN t2E 28/4 9/5 CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL CRYSTAL REED483 words
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Advertisement341 1987-04-14 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KK T|. Hani S'POME PT KELANcI LOAOINC FOR Sailed In Port RottjAntw; UK (Newport) V> M Sete/Rotty Antw/UK (Newport) SINGAPORE PORT KELANG KOTA KINABALU TG. HANI CALICO SHIPPING PTE LTD Tel: 2252W Tlx: R$ SOU CALICO FAX: 2MZ7I PERKAPALAN UTAMA341 words
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Advertisement979 1987-04-14 20 M EVERGREEN Full Container Service Round-Th#-World East Bound (FE/CARIB/USEC/EURO/FE) ALSO ACCEPTING CARGO TO: 1) PROVIOENCt NCTAJTK, SAVAJMAM (OSTON PMIUUXLPMIA. NORFOLK. JACMOWVILU. mUMMTON. BERMUDA. ETC Q ATLANTA CHICAGO, OETROIT. COLUMBUS t OTW* MUM MKROBRIME OtSTINATtOWS i) Cristobal balboa, panmm city, colon, san ju SANTO KMNGO net MUANS HOUSTON. LMON CURACAO VIA979 words
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Page 21 Advertisements
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Advertisement610 1987-04-14 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE MAJAPAHfT OOWA KOTA MNOA MA HAWK MA HAWK JKT MY SIN I In Pt It/4 >1/4 m* 1/5 11 n 14n M (HOKKAJOO) *HTC MTACM KM HUII *HTC *VOK KO« BUt 11t610 words
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Advertisement107 1987-04-14 21 Snorbulk NORBULK CARGO SERVICES LTD. T REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED ACfNCY PTE LTD TEL 222W66 W MALAYSIA SP TEO SHIPPING t TRADING KL 7CVMK PK *****1 PENANG. TANJUNG MARINE SDN BHD TIL OSS2S SABAH TRANSPAC K K SMB,72i;«107 words
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Advertisement594 1987-04-14 21 benline CONTAINER*. EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT S»M S«M S«M S*M S*>M 14* w «H W 7ff hug. rm im im u* m w* *s au kb i ma* zw a* a* I*s m L*r «n Mff on w IN m Ofi Mff nm. rm594 words
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Advertisement606 1987-04-14 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESURI LLOYD r.T. SAMUDERA IMOKSIA P.T. TMKOM LLOTI V EXPRESS SEMI CONTAINEBSNIP SERVICES SINGAPORE TO EOROPE VESSEL/VOY OCEAN PHWU/7WO SRIWIJAYA/2BMB LJ BOMTANG/11WB CAUDA GAMAAWt RMTARAanaora KUTAI/12WB SPORE 17 20/4 u-n/4 a-»« 14-17/5 ■w ANTWERP OILBAO BRERKN A'DAM/R'DAM H'BURC "S "8606 words
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Advertisement356 1987-04-14 21 BOUSTEAD SHIPPING AGENCIES M. PA-AM VIOJ PA6AN VIU HTONCYWA V 223 HYOHAWA V\SB BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penan* Bangkok lf/ll Apr IWI Apr a/24 Apr fig BANK LINE SPORE ROAM HULL HHft W/4 14/5 11/5 22/5 "5 "5 14/5 7/1 15/1356 words
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Page 22 Advertisements
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Advertisement935 1987-04-14 22 Kline KAWASAKI KISEN KAISHA. LTD.— ECMMR/KM/CMf FEEDER VSL MOTHER VSL SPORE ■ARIA Va TBN VSL 10 Apr PKLG PNC SPORE KOBE U Apr 12 Apr IS Apr 3 Hay GUAYAQUIL CALLAO ARICA 7 Jun IQUIQUE AFAGASTA S.ANTONIO VALPARAISO IS Jun IS Jun COTRAL AMERICA/CARBBEAN SEA FEEDER VSL ■ARIA V» ■OTHER935 words
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Advertisement371 1987-04-14 22 Accepting LCL and South Africa contatnariaad cacgoaa Direct to S.A. VAAL 2730F NEDLLOYD COLOMBO TSOf HAYAKAWA MARU 2C3IC S.A. VAAL 7730 C Spore Durtwn P.EIU 17/4 30/4 2/5 27/4 11/5 13/5 P.EIIi C.Town Durten S pore 14/4 16/4 19/4 2/S 2/5 4/5 21/5 JARDINE SHIPPING AGENCIES (REG. 242*4/ OOK) 200371 words
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Advertisement716 1987-04-14 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* <mO* P.Kafcni lunar *2 S'port |)Mt Fr*m Sfdn Also Acc*p& ESTICIIPPtR *13 26 Apr "CMAHOIDAS" CALABAR VJ4 12 May "KABIftDAS" VJ ESTICIIPPIR *14 2 Jura "RAMOAS" ¥.29 CALABAR *35 17 Jun* "CHANOIOAS" I -RAMOAS' va II Apt 3 >*•. 12 May 10 May716 words
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Advertisement794 1987-04-14 22 Tsrn GOLDEN LINE %£> GUAN GUAN SHIPPING (PTE) LTD 23. (tto «Tf Stt»«l SMGATOW 0104 m 5343M1 111 IMS) STRAITS/PERSIAN GULF SERVICE: s-pa. GOLDEN BEAR ColcmDo/Kanehi'Mina Qaboos/Dubai 23/24 Apr GOLDEN HARVEST Colombo K«radii/Dub*nß*hr*in MO May P Krtang Panang YALUJIANG YONGMING CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF794 words
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Advertisement401 1987-04-14 22 4, INTRASEA (PTE) LTD. 15 Hoe Chiang RoaC *07-02/03. Sanford Building Singapore 020« Tel *****11 (10 Llnaa) Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK V 'BOSL TBN (70S P Kal»n| Loading for 3/5 ROT/ANT/U K (HULL) A«ant» Sinpport INT*ASIA (PTE) LTO BOOKING 2248U K t»Pur BINTANC SHIPPING CO SON BHO401 words
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Page 23 Advertisements
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Advertisement600 1987-04-14 23 S pet NEPTUNE AGENCIES PTE. LTD Ft EU/AUST TPA/SEA Tel No Offttt Ttnmnal CfS BOOKINGS *****3 *****42 278J177 Z*****2 *****53 *****11 ******1 NEPTUNE ORIENT LINES LTD NEPLINE SON BHD MM? NEPLINE SON BHD *****J3 NEPLINE SDN BHD 6WIS/*****0/*****1/C7162 NEPLINE SDN. BHD. *****0/23*41 TO EUROPE/UK (VIA SUEZ)! P.Ketanf Sport Hl«n R600 words
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Advertisement394 1987-04-14 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN. INCHON J.!?™ *"•"8 f No I Oorum TON 15/4 1714 21/4 No 7 Donair TON 17/4 21>4 2/5 No I Dwvim ISM 3D J/5 14/5 No i Donam/TWN 7/5 Ufi nis VS2U JW w U/5 27,5 No394 words
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Advertisement657 1987-04-14 23 m 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 HANDLING SYSTEM CO SON. BHD. MESSRS MAI TMONG SHIPPING 127 Strati. Ptm<*657 words
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Advertisement83 1987-04-14 23 FERI MALAYSIA SDN. BHD. PORO CONTAINER PAIIETISED WEEKLY SERVICF 10 KUANTAN KUCHING K KINABALU ALSO ACCEPTING SELF DRIVEN HEAVY VEHICLES REGULAR DEPARTURE ON "CRUISE MUHIBAH" VOYAGE MODE KUAMTAM KUCHMQ KOTA KMAkALU FN I*l 10*4 11*4 12/04 14*4 17AM IM4 IWM *1/M ISAM I«AM 17AM 1M» mam mam si am tarn83 words
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Page 24 Advertisements
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Advertisement446 1987-04-14 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAO VEB DEUTFRACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE SPORE T. KACA isaj ■u coma wm\'V rn "VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Limassol, Beirut, Alexandria, Port Said,446 words
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Advertisement340 1987-04-14 24 JVantoi/gpe Fur E99t*outh Africa Sine* REGULAR FULLY CONTAMERttED EXPRESS SERVICE S Po*£ P. LOUIS DM LLM P.ELU C'T#N lAN IMA U 3M icjj r?u NAN NWA V 3C 1M PALEISCRACHT V-ZS 21/4 NANTAI PRINCESS V 1«S 7/5 NANTAI PRINCE V-tS 25/5 NAN NWA V-3K M vis m m 21/5 22/5340 words
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Page 24 Miscellaneous
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Miscellaneous168 1987-04-14 24 r A Regional Weather K N B r i si 01 U "i E > SH -ir 1 m :y? 89 %< rc zirtS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C Shower Weather f168 words
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Page 25 Advertisements
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Advertisement259 1987-04-14 25 IMh CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEOER B. BUTANC 131 B. BUTANC S3 B. BUTANC H5 B. BUTANC H7 JWI.VM MTHR VSL N.259 words
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Advertisement696 1987-04-14 25 r* 7 FARGO SHIPPING COMPANY (PTE) LTD regular express full CONTAINER AND LCL rce VICE INBOUND AGENT FOR ABC CONTAINER LINE From USA/Canada/Europ«/M«dlt»rranMn ETA SINGAPORE BUNCA KEMUNINC fl iun tm 333 21/4 RATANA BHUM BUNGA BUT AUG m 17M. W, 17/4, MM. 1/5 17/4, 3*4, 7/5 11/4, 23/4, 38/4, 7/5696 words
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Page 26 Advertisements
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Advertisement490 1987-04-14 26 s! Os» S/i/fJ' MitscJOSK.Lines Ltd CONVENTIONAL/SEMI-CONTAINER OCEAN ELITE VOY EAA33A 16 Apr ASTRA PEAK VOY SWA2SA 26 Apr LINDEN BEL VOY EAA4A 3 May SUBJECT INDUCEMENT WEST AFRICA RAINBOW AVENUE VOY.WAB2A 16 Apr RIVER OLI WAA3SA 14 Apr TELAMON VOY.WAA2A 12 May Rmks: Sub|ect Inducement Mombasa Daressalam Beira Port Louis,490 words
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