The Business Times, 11 August 1987
1987-08-11
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The Business Times
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Title Section12 1987-08-11 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, AUGUST 11, 1187 75 CENTS12 words
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Article75 1987-08-11 1 Ovtrms markets Monday HK Hang Song Index 3543.76 7-57 Tokyo NMdtoi Avorago *****.70 318.75) Sydnoy AN-Ordinarios 2055.4 (-28-5) Frldoy Now York (Dow Jonos) 2592.00 (-2.23 London (FT 30 Indox) 1726.9 (-27.2) Gold prices London (afternoon fix) US$461.10 (-US$3.00 Rubber M'jJa Aug 258-50 Mcrt/kg (unch KL Tin 16.4475 words
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Article, Illustration492 1987-08-11 1 THE SUCCESS of the 1967 wage restraint policy rests entirely with employers, said union chief Ong Teng Cheong in his National Day Observance Ceremony message. Mr Ong, the Second Deputy Prime Minister and the secre-tary-general of the National Trades Union Congress (NTUC), questioned whether492 words
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Article560 1987-08-11 1 Reuter JAPAN SHOWED further proof yesterday that its huge trade surplus was diminishing, but economists were sceptical that this would be of any benefit to the United States, Japan s major trade critic. Japan reported that the surplus in trade that cleared customs in July wasReuter - 560 words
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Article623 1987-08-11 1 ANNA TEO - Two Japanese subsidiaries start operation this month By ANNA TEO THE STREAM of investments in the electronics sector is continuing, with the subsidisries of two major Japanese corporations starting production this month. Kobe Steel of Japan is transferring the production of lesd frames, which are used623 words
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166 1987-08-11 1 Reuter BRITISH SHARES values and the pound sterling roee from their morning lows yesterday, boosted by the first of a series of official economic statistics due out this week London Stock Exchange indices and the pound had been depressed by marketReuter - 166 words
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Article147 1987-08-11 1 AFP CHINA'S Communist Party secretaries will from this year no longer have the authority to be de facto enterprise managers and only plant directors will be answerable to the state. "In the future, it is the director who will be the legal representative of anAFP - 147 words
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588 1987-08-11 1 FOO CHOY PENG - By FOO CHOY PENG Chief Reporter JAPANESE manufacturing companies. which generally pay less than their American counterparts, are now forced by the tightening labour market to try and narrow the gap. Several have raised the starting pay of female production operators by as much as588 words
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209 1987-08-11 1 UPI THE ORGANISATION of Petroleum Exporting Countries (Opec) in December could increase the price of its crude oil to US$2O per barrel, Indonesia's Mines and Energy Minister Subroto said yesterday. Such an increase "will be only possible if theUPI - 209 words
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Article88 1987-08-11 1 AP THE WORLD BANK is borrowing from Japanese banks for the first time in three years following Japan's pledge to recycle some of its trade surplus to the Third World. In a statement yesterday, the. bank said it would borrow 20 billion yen (U*****.9 million)AP - 88 words
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Page 1 Advertisements
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Advertisement118 1987-08-11 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM »191 I 11K111 Pen! As o >/ Vs Transparent Ink Feeder Structured to function exactly like a fountain pen Metal Ball Tip For extra sm<x)th, highly flexible writing signing in blue, black and red. The g<x)d. old fountain pen makes a Victorious comeback in118 words
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Advertisement342 1987-08-11 1 Hopaa ara high lor air cMfO Industry, Back Paga Unwelcome windfall AUSTRALIANS were enjoying the highest living standards in the world at the turn of the century, thanks to a gold boom. Now, the country's per capita income has slid to 12th position among countries in the free world in342 words
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Advertisement279 1987-08-11 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Shipping Timet comet as a separata section today. Make sure you get your copy. don't let the initial id PUSH HOME OWNERSHIP aSV We offer home loans without you having to come up with the usual 10% downpayment. Hongkongßank also offers other attractive features:279 words
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ASIA-PACIFIC
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Article641 1987-08-11 2 Reforms producing severe anomalies Reuter FACTORIES turning out thousands of unwanted bicycles, watches and carpets and state •hops selling scarce goods illegally to traders who force up the price are among the anomalies arising from China's drive for economic reform. The official press describes aReuter - 641 words
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Article151 1987-08-11 2 AFP CHINA is to abolish free university education end introduce a system of grants and loans to enable students to pay a share of their fees, the Guangming Daily said on Saturday. China's 1.9 million students, who up to now have always enjoyed free tuition,AFP - 151 words
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272 1987-08-11 2 Reuter THE LEADING INDEX of Australian economic activity rose for the ninth successive month in May, Westpac Banking Corp and the Melbourne Institute of Applied Economic and Social Research said. Their leading index rose to 125.8 (base 100 1980) in May from 124.8Reuter - 272 words
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Article, Illustration214 1987-08-11 2 Reuter AUSTRALIA'S powerful union movement yesterday threatened to take action against employers refusing to accept key elements of its industrial blueprint 'Australia Reconstructed'. The Australian Council of Trade Unions (Actu) plan, released recently, calls for more union involvement in the running of business, a greaterReuter - 214 words
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615 1987-08-11 2 AP AFTER A FOUR-OAY shutdown due to etrikes at three major component and material suppliers, Hyundai Motor Co, South Korea's largest carmaker, said yesterday it had reeumed production. However, wkleepread labour unrest continued at other sites across the country. The Ministry of Labour said workAP - 615 words
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225 1987-08-11 2 Reuter THREE FORMER defence chief* entered the campaign for Saturday's New Zealand elections with a warning shot yeeterday directed at the Labour Party government's anti-nuclear policies but may have hit the oppoeition instead. The three a general, an admiral and an air marshal calledReuter - 225 words
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302 1987-08-11 2 AFP JORDAN, 35 years after tha aacenston to tha throoa of King Hussein, is undergoing a sarious acooomic crisis brought on by a slump in aid from Arab oil-produc-ing states Tha crisis follows tha boom years of tha 1970s and isAFP - 302 words
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Page 2 Advertisements
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Advertisement72 1987-08-11 2 Export* windfall won't do for Au—tot, Pago SPECIES lUiaHikiwJi.frfWia v V- m, fcXte >«'/ H r* Sea Bass Perch Mako Shark Sun IBluefin Mastering Desktop Publishing H i *|P 1 For further details, telephone 339 4377 or attach your card to this coupon and send to: The Conference Manager LMA72 words
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Advertisement84 1987-08-11 2 efTAi t Jgl« ®9® tables Noodle "MM ■nay c^c** 9 $160 PCB TABLE Ftoas. M«t CMtt Com with Crao ivteai Diced Chicken Szechuen Style Steamed Sea Bass Baked Yam Pie Gatfan With Mushrooms Chicken Soup with Fungus Keiong Noodle Honeydew with Sego m Coconut Mrfk $200 per TABLE Boast Meet84 words
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Page 2 Miscellaneous
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Miscellaneous47 1987-08-11 2 CNy Max/ OUTLOOK: Www i cxpictid In NVinl ••port for 24 to 7.30pm on luowoi Akmt Cairo Caigary Canborra Carocos Chicago Copltogon Darwin DuMn Frankfurt Gonovo Hoyana tto 'Janoiro Romo San Wi'co San Juan Sao Paulo S#oui S r*»r Tatpol To) AWv Tokyo Vonc»wwof Vlonna Wanow Washington47 words
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Article629 1987-08-11 3 ARRIVALS Operator Sorvico number local Mm* From GU GA881 1450 LGW/7IH/AUM THAI TG413 1450 IKK CPA CX713 1455 HKG/IKK KIM KL831 1455 AMS/KW1 ZtM/GVA/IOM swt St 162 1510 MAS MH672 1520 Ma OA GA962 1525 CGK MAS MH611 1605 KUL su SQ77 1700 NGO/PUK SU SQ111 1705629 words
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REST OF THE WORLD
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273 1987-08-11 3 AP AMERICA'S rising international debt endangers its status as a world leader, according to a study released yesterday for the Joint Economic Committee of Congress. "A debtor must strive to accommodate its creditors for fear that needed financing might stop," the report said. "No countryAP - 273 words
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406 1987-08-11 3 AP THE BLACK mineworkers union yesterday said that 75,000 workers had joined in a strike that could cripple South Africa's leading export industry by shutting two-thirds of its gold and coal mines. Members of the National Union of Mineworkers were toldAP - 406 words
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431 1987-08-11 3 Reuter NICARAGUAN and Salvadorean rebel groups on Sunday rejected a regional accord signed by Central American leaders but it was acclaimed by eight Latin American leaders as the best hope for peace in the troubled region. Both the US-backed Contras battling to overthrow Nicaragua'sReuter - 431 words
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Article232 1987-08-11 3 Reuter WEST GERMAN Finance Minister Gerhard Stoltenberg has repeated his resolve to avoid a rise in value-added tax in connection with the financing of a major reform of the fiscal system in 1990. Mr Stoltenberg has previously said the tax reform could be financed withoutReuter - 232 words
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Page 3 Advertisements
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Advertisement532 1987-08-11 3 f I Yll TTTV The business person's choice, every I I II I II .1 Tuesday, Thursday, Saturday and I 1 I II w Sunday. Leaving Changi Airport at -L VVyJL 1 JL 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Coll your Travel Agent532 words
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Advertisement0 1987-08-11 3 ^]='-}[:!=%.$_---:}*^&\%>`}$[@!0 words
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Page 3 Miscellaneous
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Miscellaneous45 1987-08-11 3 Doonesbury UOR9HUNK-RA. TP LIKE TO ASK SOME PERSONAL THERESA GUYATUCRKUJHO AT MB X./V W£ PAPKJNG LOT. WHAT SHOULD I DO? RRST. CURSE HIM IN THE NAME OFZROQ! THEN, TAKE A BATTLE AX ANPSPUT HIS SKULL LIKE m rr O BY GARRY TRUDEAU I P m45 words
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Page 4 Advertisements
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Advertisement193 1987-08-11 4 .O-- >, -*.w> v V.' rfc n *£*V V'. %••<; vov ZWMiJrn 4^ w v i^^s3k 'v W- M. •v x/ I*"' Jv c. £fi m: r ibs r.*v y i tt* > V V •s*trr» i FHttv fffTV**, •r» V •••>i?. e 4 7 kV /.r ft*' iV,'.t'J. fcB193 words
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COMMODITIES
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325 1987-08-11 5 Bernama MALAYSIA exported 220,590 tonnes of natural rubber worth US$44 million to the US during the first three months of this year, the US Rubber Manufacturers' Association said in its latest report released in Washington. In terms of tonnage, the export figureBernama - 325 words
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191 1987-08-11 5 Antara THE OUTPUT of plantation commodities in Indonesia reached more than 7.5 million tonnes last year consisting of perennial and seasonal crops, up by about 0.5 million tonnes compared with that of the previous year. Data from the Indonesian Ministry ofAntara - 191 words
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Article241 1987-08-11 5 Crude palm oil futures closed marginally eaaier in very dull trading on the KLCE yesteday. The market lacked encouraging leads from overseas. August lost Ms 3 to close at Ms7oo a tonne while September was down Ms 4 to M 5696 a tonne. October shed Ms 3 to241 words
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Article156 1987-08-11 5 HONGKONG: Gold closed firmer in fairly quiet trading yesterday due to a lack of fresh factors. Bullion ended at U*****.80/459.30 an ounce against an initial U*****.00/50. This compared with Saturday's close of U*****.75/457.50 and New York's Friday finish of U*****.40/90. The metal opened stronger on bargain-hunting by mainly156 words
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Article149 1987-08-11 5 FAMA 1 S I 10 Coconut oil (M$/100kg) Now drum 2nd hand drum Mi Local In buAi 119.00 114.00 105.00 102.00 Copra (M$/100kg) No 1 (otfato) No 2 (anaAioldart) 63X0 58.00 Palm kernel (•x-mM* M$/tomo) Bvyor/Softor 445.00/440.00 Palm kernel oil (FOt M$/100kg) In bdk (local) 84.00 Cocoa (FOft149 words
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521 1987-08-11 5 Reuter THE UNITED STATES would rely on higher consumer prices and its strategic oil reserve to cope with possible shortages in world oil supplies resulting from Middle East tensions. US Department of Energy (DOE) officials plan to make early useReuter - 521 words
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Article113 1987-08-11 5 THE KUALA LUMPUR Tin Market price ws*>wsd 17 cents yesterday to does at Mslf.44 a ktto, In ana «Mi a lower European spot Hn doae last week. The price Ml on an Initial high disposal ol 211 tonnee and tack at strong buying support, largely dlecouragod tf sterling's113 words
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Article175 1987-08-11 5 SINGAPORE The Singapore market was closed yesterday for National Day. MALAYSIA The rubber market closed steady st 223.00 cents per kilo for Sep SMR 20 buyer yesterday, up half a cent from Friday's close despite lack of trading interest. Sep Int Ones RSS buyer was held st last week's175 words
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Article164 1987-08-11 5 MRELB prices in M omM 0. FOB In biln NOON CLOSE ln» 1 RSS Sap 87 258J0 260JON 8wy#o S*M*n 258.50 260JO tn» 2 RSS OP 254.00 255.00N 254.00 255.00N UK/Conf 253.00 254.00N 253.00 254.00N tr# 3 RSS OP 249.00 250.00N 249.00 250.00N UK/Com 248.00 249.00N 248.00 249.00N hf164 words
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183 1987-08-11 5 Reuter RISING WOOL PRICES could deter users if they get too high, according to exporter John Botting. Botting said firmer prices since February coupled with dramatic increases in prices for Australian fine wools showed that world demand was greater than supply. "It isReuter - 183 words
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601 1987-08-11 5 Industry hit by ample supplies and competition Reuter IN STARK CONTRAST to recent gains among companies in the oil sector, US coal producers are not expecting stellar financial performances this year. Observers said last week that coal prices were being held downReuter - 601 words
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232 1987-08-11 5 Reuter THE WORLD'» smallest independent nation, the Pacific island of Nauru, ia considering seeking compensstion from Britain, Australia and New Zealand for damage caused by 50 years of phosphate mining. The phosphate, believed formed by centuries of bird droppings, will be exhsusted in seven toReuter - 232 words
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Page 5 Advertisements
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Advertisement199 1987-08-11 5 THE KUALA LUMPUR STOCK EXCHANGE Presents The 4th Annual National Securities Industry Conference Theme: STRENGTHENING THE SECURITIES INDUSTRYCHALLENGES OPPORTUNITIES Official Opening Address by Deputy Prime Minister, YAB Encik Abdul Ghefer Babe Date: Saturday, 15th August, 1987 Venue: Ballroom, The Regent of Kuala Lumpur The Conference will be addressed by eminent199 words
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Advertisement91 1987-08-11 5 Shangri-La hotel KUALA LUMPUR A SHANCRI-LA NTIRNAJIOMAI HOTEL IN KUALA LUMPUR WHERE ELSE BUT THE SHANGRI-LA 1 iff.' •SW«» v A f *v HBK '\V• 7" I r I -St/" —«•*-> rs i SHANGU-tA WTHNATIOKAL HNGATOtI 331 3300 BANGUI (2) 2* 7777 BONG BONG (5) 110 7712 KUALA LUMPUB (03)91 words
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MONEY AND EXCHANGES
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642 1987-08-11 6 Dealers point to bullish trend Reuter THE US Federal Reserve and West Germany's Bundesbank both unloaded dollars in currency markets last week, but dealers said the intervention would only temper the currency's rise, not reverse the trend. Normally, when central banks sell dollars toReuter - 642 words
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467 1987-08-11 6 Reuter THE TAIWANESE government is under intense pressure from exporters to halt the rapid appreciation of the New Taiwan dollar, but bankers said they were sceptical about its ability to stabilise the exchange rate. Economics Minister Lee TaHai saidReuter - 467 words
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517 1987-08-11 6 Reuter APPETITES FOR dollardenominated debt may be tested this week as US credit markets prepare to digest new supply in the quarterly refunding, according to economists yesterday. The US Treasury was expected to announce the size and dates of the quarterly refunding yesterday,Reuter - 517 words
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164 1987-08-11 6 AFP THE ASIAN Development Bank (AOB) said the limited capacity of small South Pacific nations to absorb loan funds effectively was the only barrier to increased lending in the region. "The supply of funds will not be a constraint." ADB vice-president M Narasimham saidAFP - 164 words
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Article667 1987-08-11 6 KUALA LUMPUR: The US dollar closed at 2.5460/70 and the Singapore dollar at 120.30/40 yesterday. JAKARTA: The US dollar was fixed yesterday at 1641.00/1647.00 rupiah. HONGKONG: The US dollar closed slightly lower in fairly quiet and dull trading yesterday as participants began to unwind long positions. Sentiment remained667 words
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Page 6 Advertisements
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Advertisement206 1987-08-11 6 Gem ree \ndeP sSgie° ,Do^ Occupy inSingapo^T *9*7 r^/<* Room W® S$ 9 and Supeno' Room /-lord waWthe pu denial Sunf ettectwe necembs. ctTCTSEI! •vflr Ar (z Incredible Incre v -< ?s, e. From 16 July^; There's no better time to experience the excellence of an elegant deluxe hotel. •Enjoy206 words
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Advertisement248 1987-08-11 6 -t i ft p kJI X 1"3 3f K^SHow Exxon Chemical protects you from the hard knocks of life By helping you ride on air air held securely inside the tough rubber innertubes and tyres of the motor vehicle you use Innertubes. or mnerliners in the case of tubeless tyres,248 words
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BANKING AND FINANCE
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Article, Illustration551 1987-08-11 7 Reuter WEEKS OF POLITICAL unrest have tarnished Panama's status as a haven for the international banking community and has caused the transfer of up to US$4 billion abroad, diplomats and bankers in the capital and in Miami said. They said deposits have been transferred, possiblyReuter - 551 words
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294 1987-08-11 7 Reuter THE BELGO-LUXEMBOURG Economic Union recorded a 60.0 billion franc net inflow of private sector capital in the first four months this year, reversing a 93.1 billion deficit in the same 1986 period, the Belgian Finance Ministry said. The economic union hasReuter - 294 words
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168 1987-08-11 7 Reuter SPAIN IS PLANNING measures to limit foreign investment in its banks. Secretary of State for Finance Guillermo de la Dehesa has said. He said foreign investors would not be allowed to acquire more than 15 per cent of financial institutions withoutReuter - 168 words
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625 1987-08-11 7 Uncertainty over US stand Reuter JAPANESE BANKS, which hold nearly all US$lB billion of perpetual floating rate notes outstanding, have reacted coolly to an offer from securities companies to swap the notes, securities sources said. They said few. if any, banks had accepted theReuter - 625 words
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359 1987-08-11 7 UPI CITICORP CHAIRMAN John Reed said last Friday that debts held by cash-short Third World nations, including Argentina, would not be paid, but that a write-off would be a disaster. Discussing the plight of the world's 30 most indebted nations, Reed told a news conferenceUPI - 359 words
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1057 1987-08-11 7 FT AFTER YEARS of wrangling. Britain's clearing banks have finally produced a blueprint on how cashless shopping is going to work. It has a good chance of satisfying all participants financial institutions, retailers and consumers. Consultative proposals published by EFTPOS UK, the companyFT - 1,057 words
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216 1987-08-11 7 Reuter CREDITOR BANKS are pressing Brazil, which has halted payments on the US$6B billion it owes foreign banks, to resume at least token payments or face tougher bank action, a Finance Ministry spokesman has said. The banks conveyed the message in a telephone callReuter - 216 words
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Page 7 Advertisements
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Advertisement86 1987-08-11 7 JonesLang WOOttOfl *****88 INDUSTRIAL SPACE When you need to buy, sell or lease industrial space from a floor to an entire building come to the qualified specialists. QwU-T&Ufv AetuMct h u m 10swoods from: £63 per wk CAR RENTAL Unlimited mileage inclusive VAT Over 20 year's experience Fleet size 1,00086 words
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Advertisement502 1987-08-11 7 Singapore's First Gold Fund Why invest in Union Gold Fund? Many international stock markets have been enjoying bull runs for several years now. To the extent that some investors are turning to Gold to diversify their portfolio and provide a hedge. Gold is one of the most dependable and durable502 words
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PERSPECTIVE
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Article536 1987-08-11 8 SINGAPORE'S economic recovery is really quite astonishing. The traumatic plunge into negative growth in 1985, bringing to an abrupt end two decades of unabated growth, is almost history. But the lesson of 1985 should not be forgotten. It shook Singaporeans out of their complacency, showing536 words
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696 1987-08-11 8 NYT AFTER AN INITIAL FLUSH of satisfaction over its success in negotiating an accord in Sri Lanka, India has begun a period of soul-search-ing. The agreement, which provides 5,000 Indian troops to guarantee a solution to the island nation's ethnic conflict, hasNYT - 696 words
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Article, Illustration633 1987-08-11 8 DOUGLAS FARAH - The signing of the Central American peace accord last week was relatively easy compared to what is to come. The stance of the main insurgent groups and the US administration is one major snag to be overcome. DOUGLAS FARAH reports. DOUGLAS FARAH UPI MAJORUPI - 633 words
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541 1987-08-11 9 SINCE HIS ELECTION in 1983, Prime Minister Bob Hawke has largely set in place macroeconomic policies designed to confront a growing economic crisis. Previous governments had spent a decade debating the need to restructure Australia's manufacturing and financial sectors, but had done little541 words
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Article, Illustration1865 1987-08-11 9 BRIAN GOMEZ - Australians were enjoying the highest living standards in the world at the turn of the century, thanks to a gold boom. Now, the country's per capita income has slid to 12th position among countries in the free world in a trend that could be1,865 words
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282 1987-08-11 9 WHETHER OR NOT their reputation is deserved, Australia's 326 trade unions could well hold the key to future prosperity in the "lucky country". In the traditional scheme of things, the strongest unions went for the highest possible claims and everyone else then claimed flow-ons.282 words
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Page 8 Advertisements
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Advertisement337 1987-08-11 8 Good ideas keep coming up In today's business, success depends a lot on projecting the right "image" and achieving the right communication targets. This is where you have to make some sharp decisions. In a very busy office, for instance, the high-speed Sharp SF-9500 makes even bulk copying easy and337 words
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Page 8 Miscellaneous
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Page 9 Advertisements
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Advertisement103 1987-08-11 9 1 SALE/RENTAL SENOKO DRIVE y Single Storey factory with y office annexe Land Area Approx. 140.000 sq ft Factory Space Approx 53.281 sq ft Office Space Approx 2.583 sq ft Available immediately Debenham Tewson City Valuers Pte Ltd 11 Collyer Quay »13-01 The Arcade. Sinqapore 0104 Tel *****79 I*l |i103 words
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Page 9 Miscellaneous
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Miscellaneous1168 1987-08-11 9 to smjaaaiK) TUESDAY PREMIERE GREEN ICE 10.30pm, Channel 5 Ryan O'Neal (right) plays Joseph Wiley, a young New York electronics expert who plans to rob an impregnable fortress of its fortune in emeralds. But Meno Argenti, who owes the Mexican fortress, proves to be a tough adversary. 12 PM SBC1,168 words
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Miscellaneous680 1987-08-11 9 mm&tm mmmm CRYPTIC PUZZLE ACROSS 3 It may arise from tea and more (5) 8 Room to get a taxi into? (5) 10 Goddess ot matchmakers? (5) 11 American tin (3) 12 To rob in the style of an inhuman person (5) 13 As of a tigerish NCO? (7) 15680 words
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SPORTS & LEISURE
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Article, Illustration435 1987-08-11 10 LAWRENCE TAN - By LAWRENCE TAN THE BRITISH actually do still make movies like Clockwise, and on a budget that might pay for Ben Kingsley's costumes in Gandhi, or at least his loincloths. The whole comedy was shot in contemporary Britain with minimal settings, largely in the435 words
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394 1987-08-11 10 UPI A FRENCH crew taking part in the notorious fastnet ocean race was rescued by coastguards on Sunday sfter its yacht hit a rock off the southwestern tip of Britain. The Class V half-ton yacht Stradivarius, owned by Frenchman WilliamUPI - 394 words
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419 1987-08-11 11 MIKE THUMBA - By MIKE THUMBA AS PART OF the National Day celebrations. the Singapore Contract Bridge Association added their share to the gaiety with a special championship. For five days beginning from last Thursday, Singapore bridge players had a chance to build419 words
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Article, Illustration681 1987-08-11 11 AP LANNY WADKINS missed a one-metre par putt on the first playoff hole on Sunday and let weary Larry Nelson escape with the title in the 69th PGA National Championship. Nelson, a quiet 39-year-old veteran, acquired his third major title with a scrambling, one-puttAP - 681 words
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437 1987-08-11 11 Nelson from soldier to champion golfer Reuter LARRY NELSON did not even take up the game until he was 21 years old. The 39-year-old Nelson had played basefcall and basketball while growing up in Marietta, Georgia, but it was net until he returned from the Vietnam war that he becfuneReuter - 437 words
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525 1987-08-11 11 JAMAICA'S Ray Stewart was carried by a «tiff wind to the third fastest 100 metres.in history on Sunday as the opening day of the pan American Games athletics programme became enveloped in confusion. Stewart swept home in the first men's semifinal in525 words
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Article, Illustration493 1987-08-11 11 AP THE MOST TELLING exchange of Aaron Pryor's (ailed boxing comeback came before the fight. The former junior welterweight champion was prancing around the ring taunting opponent Bobby Joe Young when Young's trainer, Tommy Parks, mentioned Pryor's flabby midsection. Pryor overheardAP - 493 words
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Page 10 Advertisements
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Advertisement819 1987-08-11 10 dine «m I S€^«XX)THG4TK LpCHWtXSb»OOOKSTMMm« Lovely ladies attired in the very latest swimwear grace WA Seafood-Theatre-Restaurant every Tuesday and Friday at A 1.15pm. The show is pleasing to the eye while our Chinese J seafood dishes please the palate. Try our chef s new specialities: Braised whole abalone. Steamed 'live'819 words
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Advertisement89 1987-08-11 10 Complimentary Camus XO with Pine Court's sumptuous Beijing cuisine. For lunch and dinner, tifi August 30 1987 i n m Road. Singapore 0923 Tel *****11 to 10% XTvtce chmrgt mnd J% govt. Utx V* "wuijfww 'W kj ttoc nffhi to cfafwgt tbt pfogfMfwnt. PENINSULA oHOTEL. f' 1 si SHEB n89 words
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Page 11 Advertisements
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Advertisement457 1987-08-11 11 in \J Dine in Belgium. At the Hubertus Grill. From August 7th to the 22nd, the culinary wizardry of one of Brussels" most well-known chefs. Pierrot Van Hauwermeiren, returns to the Hubertus Grill With a gastronomic repertoire enough to surprise and thrill the most jaded palate A return trip to457 words
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Page 11 Miscellaneous
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Miscellaneous29 1987-08-11 11 IF YOU £>0, YOU W/LC PHOSAatY SCOW <//> COM/ATG //Y7*0 7>/E SACL YOO MUST GO 7HXOOGM 77/£ SACC &AMCY— YOVAX£MOX€ L/K£LY TO £>0 7M4T WTTHA SHOX77SH &ACKSW//YG. S»MSOi* E«TW*>S*S 73.29 words
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SHARE INFORMATION
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7609 1987-08-11 12 BLUE CHIPS and selected lower liners surged strongly on the Kuala Lumpur stock market yesterday. Buyers concentrated on time-proven stocks and pushed these issues sharply higher. Singapore-based finance counters once again caught investors' attention and surged ahead, closing with double-digit gains while several7,609 words
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Article18 1987-08-11 12 The SES wes dosed yesterday. The following table show* last Friday's closing prices and changee for the week18 words
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454 1987-08-11 12 Bernama ES THE BULLS have been on a rampage on the Kuala Lumpur Stock Exchange (KLSE) (or the past 17 months but cautious market analysts think that the stampede cannot continue indefinitely. The run-up must stop somewhere, they say. Panelists atBernama ES - 454 words
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Article77 1987-08-11 12 KUALA LUMPUR RIms Indl CM Aug 7 NSTWMkWi Awg 10 Tram* *43 IS 2307 JO 2232J* M ♦70 73 NSTfhM 3516.9* *****} M*e uot 920 70 NST Hatah 579.4» 579 975 33 NST 1046.53 *****5 su 310 30 NST Tim ***** *59 £7 PodBc Omm 1140 3077 words
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Article32 1987-08-11 12 Company RIGHTS ISSUE Sim lim Thrw-for-tour $1 00 tw Ex-dote Aug 4 Books ctow Aug 14 Company (ONUS ISSUE Metro Htdgi Oat-ior-lM 6. da* MM 31 Books dow Aug 832 words
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Article385 1987-08-11 12 Company RIGHTS ISSUE Ayer Hitom Tin Three-for-one 230 per shore C 1 Holdings 27 Million loon stocks m the ratio of (3 loon Stock lor every five ordinory Duff Bhd shores held One-for-one $ID0 per shore Duto Cons One-for-one $1 10 per dure F A C B One-for-one385 words
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COMPANY NEWS
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Article, Illustration909 1987-08-11 13 HOCK LOCK SIEW WITH THE DENIAL by the Malaysian Airline System that it is interested in a tie-up with Faber Merlin, the outlook appears cloudy for Faber Merlin. It is already more than seven months since Faber Merlin announced a six-pointHOCK LOCK SIEW - 909 words
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Article, Illustration806 1987-08-11 13 Logging industry in East Malaysia recovering swiftly FT UMW CORP, the Malaysian engineering and heavy equipment group, is slowly clawing its way back to profitability after verging on bankruptcy last year. The group, which distributee Komatsu tractors, Toyota and Proton Saga cars, plusFT - 806 words
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Article212 1987-08-11 13 UNITED ENGINEERS (M) Bhd is expected to sign an agreement with the Malaysian government for the construction of the M 53.4 billion North-South highway project within the next two weeks. According to Malaysian Works Minister Datuk Samy Vellu, work on the project is to begin212 words
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Article, Illustration536 1987-08-11 13 LISA LEE - By LISA LEE BONVESTS HOLDINGS Ltd is taking its retail and food business into the heart of the business district. In a move to tap the city office workers' market, Bonvests will set up its second Galeries Lafayette store at OUB536 words
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Article260 1987-08-11 13 Managers' prices MARA-Bumiputra for Aug 11 First B'putra 783 788 Singapore Unit Trust Second B'putra Third B'putra 697 518 702 523 Th* Commerce 1.28 1.35 Fourth B'putra 637 642 The Savings Fund 1 10 1.17 Fifth B'putra 419 424 S'pore Prog Fund 053 057 Sixth B'putra 439 444260 words
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822 1987-08-11 13 MBT PROPERTY GROUP Mount Pleasure Moldings has put its act together and is looking forward to better prospects ahead. Its recent move to diversify away from its property development base will prove a sound, long-term strategy that may spell greater profitability for the group.MBT - 822 words
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Article141 1987-08-11 13 Bernama ES AOKAM TIN Bhd said its acquisition of 20 million shares in Roxy Electric Industries (Roxy) is not expected to contribute significantly towards the profits of the company for the year ending June 30, 1988. Replying to a query from the KLSE, the company saidBernama ES - 141 words
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Article70 1987-08-11 13 Bernama ES MCB HOLDINGS Bhd's joint venture to develop a piece of land in Bukit Mertajam in Penang is expected to contribute to the earnings of subsidiary MCB Farmland Sdn Bhd for the year ending March 31, 1988 to 1990. The venture is expected toBernama ES - 70 words
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Page 13 Advertisements
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Advertisement86 1987-08-11 13 SING ■MMEffISaniANCE Fixed Deposits 1 month 3V2% p.a. 3 months 372% p.a. *6 months 4V4% p.a. 9 months SW/o p.a. 12 months 4 p.a. 24 months 4 1 /2% p.a. 36 months 4 3 p.a. 'Valid until 31-8-1987 Savings 3%% p.a. (calculated daily) ON CALL 2V4% p.a. All interest rates86 words
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Advertisement286 1987-08-11 13 APPOINTMENT GENERAL MANAGER (REF. NO. 8/250) LARGE MANUFACTURING COMPANY Above $100,000 Per Annum Plus Car THIS LARGE AND HIGHLY SUCCESSFUL GROUP OF COMPANIES, with manufacturing and marketing operations in Singapore, Malaysia and other parts of the world, produces a world renowned range of consumer products. In the countries in which286 words
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REGIONAL MARKETS
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Article, Illustration599 1987-08-11 14 A cold in Tokyo can give New York pneumonia Reuter IF TOKYO catches a cold, New York will catch pneumonia so goes the conventional wisdom among many stockbrokers on Wall Street these days. Foreign brokers who once disparaged Tokyo as just a mirrorReuter - 599 words
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Article200 1987-08-11 14 Bernama ES PERLIS PLANTATION Bhd uid yesterday that the Foreign Investment Committee (FIC) and the panel on takeovers and mergers (TOP) have approved its proposed genersl offers for the whole issued and paidup capitals of Rasa Sayang Beach Hotels (RSBH), Federal Flour Mills BhdBernama ES - 200 words
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Article88 1987-08-11 14 Reuter NOVEL ENTERPRISES LTD has signed a joint venture agreement with China's Nanhai Oil Shenzhen Exploration Services Co to set up a spinning plant with an initial capacity of 300 to 500 tonnes of yarn a year, the Hongkong newspaper Ta-Kung-Pao has said. It said NovelReuter - 88 words
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Article79 1987-08-11 14 Reuter FINANCIAL SERVICES company (Ham«lyn Group Ltd) of New Zealand has bought 50 per cent of newly formed Sydney-baaed (Capital Market Brokers Pty Ltd) for an undisclosed sum. Hamelyn said Capital Market Brokers would concentrate on broking interest rate and currency swaps through corporate and banking clientsReuter - 79 words
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Article84 1987-08-11 14 Reuter JARDINE MATHESON Holdings Ltd has issued 30 million new shares to affiliate Jardine Strategic Holdings Ltd at HKJ19.82 per share, the two companies said in a joint statement. It quoted chairman of the group Simon Keswick as saying that Jardine Matheson would use theReuter - 84 words
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561 1987-08-11 14 Reuter THE VOLATILE Tokyo stock market and the resulting jitters have sparked concern that a second public offering of Nippon Telegraph and Telephone Corp (NTT) shares later this year may not repeat the initial offering's success, say brokers. "If the market isReuter - 561 words
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Article459 1987-08-11 14 SHARE PRICES closed higher in heavy trading with the Hang Seng Index at another record despite speculative selling of several blue chips. The index climbed 7.57 points to 3,543.76 for a second consecutive record high. Turnover roee to HK$2.3O billion from Friday's HKS2.2B billion. Brokers noted late selling aimed459 words
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Article110 1987-08-11 14 HONGKONG Hongkong Index Monday 2.***** Friday Z3M99 WMk ago 2.294 89 Hang Song Index Monday 3,543.76 Friday 3.536 19* WMk ago 3,*****. All Industrials Monday 2,932 4 Friday 2.9552 WMk ago 2.9064 NEW YORK Dow Jones Friday Z392.00 Thurjday 2,594 23* WMk ago 2^72.07 TOKYO Nikkei Average Monday110 words
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344 1987-08-11 14 AP/NYT TOSHIBA CORP foresees a drop in its sales in the second half of fiscal 1967, ending next March 31. because of the impact of a recent scandal involving a subsidiary's sale of militarily sensitive high-tech milling machines to the Soviet Union, aAP/NYT - 344 words
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Article435 1987-08-11 14 Reuter SHARE PRICES in the Tokyo stock market surged in thin trade yesterday on a resurgence of confidence due to steady international oil prices, stable local bond prices, and the denial of rumours that three Japanese companies had made illegal exports to the communist bloc. The 225-share Nikkei IndexReuter - 435 words
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Article430 1987-08-11 14 THE AUSTRALIAN share market yeeterday closed sharply lower as a plunge in bullion prices over the weekend dragged down stocks across the board. Gold-related and resource stocks, which have surged ahead recently, were the hardest hit by generally weaker commodity prices. At the close, the All Ordinaries Index was430 words
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Article121 1987-08-11 14 AIM H BANT Matal Box 115 -2 Ao Kham Thai Poat PubltaMng. Saha Union Stem Cmmo* 2S3 332 -12 -10 Ayudhya Invaatman Bangkok Agro-lnd.. Bangkok Bank. Bank Of Ayudhya... Charoong Thai Win A CaWa 318 168 32S 316 -2 -6 +2 Slam City Camant 1202 Siam Commarclai Bank 586121 words
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Article226 1987-08-11 14 AIM 10 NT 9 JL Kottn 32.60 0.1 All Sincara Indus 4.15 -0 13 Kuochan Day Laa Chang Yuan 42.70 32.90 1.7 -07 46 ao 0.2 25.50 Cathay Coo* .64.00 5 Nan Ya Ptas 49.60 •1 151 00 11 46 00 0 3 Chang Loong .42 30 38.80 -0.9226 words
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Article105 1987-08-11 14 JUM 10 WON KM languor M 16*00 •300 350 Doafca fci*——— WKH> ***** 900 1590 OA Malar UMM 17*00 ***** ♦400 1500 Dmm Carp ***** ISO Karaa lany-l lodty IM 'arai 3750 iaaii^ MM* 1n«M«i ***** 300 OriaaM ltd •my ***** 100 ***** OrtwM Oa '*Tr»A -100 oZ( fa*105 words
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Article89 1987-08-11 14 AUG 16 KIOI Mi Acof* Mining Oriort Phil 0 t*l B 'WMM. B 0.1350 0 19 on •0.01 UOCfl Anglo Phil Picoo PLOT B Apax Mining B 0.1490 unch 737 n 12.5 AtlM Con. B Baguio QoM Basic PMroicum 0 026 unch -0.001 San ft Soatn Higuot B........ 23689 words
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Page 14 Advertisements
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Advertisement300 1987-08-11 14 NOTICES NORTHGATE COMPUTER SERVICES (FAR EAST) PTE LTD (In Voluntary Liquidation) At an extraordinary general meeting of Northgate Computer Services (Far East) Pte Ltd held on 1 August 1987, the following Special Resolutions were duly passed: 1. That Northgate Computer Services (Far East) Pte Ltd be wound up voluntarily and300 words
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Advertisement298 1987-08-11 14 THE COMPANIES ACT, CAP. 50 SINGA LAND HOUSING DEVELOPMENT CO (PTE.) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of SINGA LAND HOUSING DEVELOPMENT CO (PTE.) LTD duly convened and held at 250 Geylang Road #01-00, Singapore 1438 on Tuesday, the 4th day of August 1987, the following298 words
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Advertisement286 1987-08-11 14 THE COMPANIES ACT, CAP. 50 UNITED TRUST LIMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of UNITED TRUST LIMITED duly convened and held at 250 Geylang Road #01-00, Singapore 1438 on Tuesday, the 4th day of August 1987, the following special resolutions set out below were duly passed.286 words
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Advertisement188 1987-08-11 14 GENERAL PROGRESS CO PTE LTD (Incorporated in Singapore) (MEMBERS' VOLUNTARY WINDING UP) NOTICE OF FINAL GENERAL MEETING Notice Is hereby given pursuant to Section 308 of the Companies Act (Cap. 50) that the Final General Meeting of the Members of the abovenamed Company will be held at 5001 Beach Road188 words
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Advertisement15 1987-08-11 14 ADVERTISEMENT SHraoHSR x wis? >"Xv x-.vvx-. a r s//. iR TK '•J Xr Vv >'* 115 words
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INTERNATIONAL COMPANY NEWS
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487 1987-08-11 15 Reuter THE INTERNATIONAL Commodities Clearing House (ICCH) in London is reorganising its functions after recommendations by an advisory committee and a review by accountants Price Waterhouse. According to ICCH chairman John Berkshire, the ICCH will reorganise into a number of distinct separate operating subsidiariesReuter - 487 words
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255 1987-08-11 15 Reuter BRITISH CALEDONIAN PLC has decided to stick with its merger agreement with British Airwsys PLC despite a government inquiry that could bar the merger. British Caledonian's board met at their headquarters at London's Gatwick Airport and decided unanimously to support the MonopoliesReuter - 255 words
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218 1987-08-11 15 Reuter SEMICONDUCTOR INDUSTRY analysts in the US expect a slight seasonal decline in orders for computer chips in the three months ended July, but still see strong fundamentals continuing the industry's recovery. The analysts forecast the book-to-bill ratio the ratio of newReuter - 218 words
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Article113 1987-08-11 15 AP SAUDI ARABIAN arms dealer Adnan Khashoggi has dumped his interest in Pacific Star Communications Corp, formerly Tangent Oil and Gas Ltd. Khashoggi, whose presence as an investor in Tangent last autumn helped send the stock from 10 US cents to US$22 a share on theAP - 113 words
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553 1987-08-11 15 NYT KIOOER, PEABOOY CO has asked Richard Wigton, who was indicted in a Wall Street insider trading scandal, to rejoin the firm. People cloee to Kidder said the move to reinstate Wigton was an attempt by Kidder's top executives to rebuild morale byNYT - 553 words
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Article, Illustration910 1987-08-11 15 Five-year surge keeps analysts guessing when rampage will end Reuter WALL STREET'S bull market ia hitting the ripe old age of five with style, mauling records and outlasting doomsayers who predicted a collapse long sgo. But the certainty remains thst the rsmpage that startedReuter - 910 words
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Article170 1987-08-11 15 Reuter THE TLC GROUP, a New Yorkbased investment firm, has agreed to buy Beatrice International Food Company for US$9B5 million. This would make it the largest black-owned business in the United States, the New York Times reported yesterday. Beatrice s international food unit, based inReuter - 170 words
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817 1987-08-11 15 NYT ALTHOUGH DEERE CO, the beleaguered giant of the farm equipment business, is not expected to show a profit until its fiscal year ending in October 1988, the stock on Thursday reached its loftiest price in three years. On the New York Stock ExchangeNYT - 817 words
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Page 15 Advertisements
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Advertisement75 1987-08-11 15 P£J Mcllwruth McEaduun Operations Limited 5538,000,000 Unsecared Notes known as "Guaranteed Floating Rate Notes Due 1992'* In accordance with the provisions of the Notes, notice a hereby given that for the three month period from 6th August, 1987 to sth November, 1987, the Notes will carry a rate of interest75 words
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Advertisement94 1987-08-11 15 For horse racing fans... A provides the t.Wmnh winners too r 1 Business Times, Singapore's largest business daily, has a reputation for in-depth coverage of business and financial news. Easily the most trusted paper among Singapore's key decision makers, BT keeps them ahead in the economic race. On another kind94 words
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Advertisement86 1987-08-11 15 LOST SHARE/STOCK/LOAN. STOCK/TRANSFERABLE SUBSCRIPTION RIGHTS CERTIFICATES The following share/Stock/Loan Stock (LS)/ Transferable Subscription Rights (TSR) certificates/ together with the relevant signed transfer deeds have been reported NOTICE IS HEREBY GIVEN that if within fourteen (14) days from the date hereof no claims or representations in respect of the abovementioned certificates86 words
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574 1987-08-11 16 LIM SOON NEO - Growth expected to exceed target By LIM SOON NEO THE AIR CARGO industry, which has passed the first half of this year with flying colours, is expected to surpass its projected growth of 14 per cent for the year. Hopes are high that574 words
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Article, Illustration488 1987-08-11 16 THE SENSE of well-being and infectious high spirits evident in Singaporeans who enjoyed the National Day cetebra tions lingered on at the Istana reception held by President Wee Kim Wee last night. Uppermost in the minds of those gathered at the Istana were the celebrations488 words
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208 1987-08-11 16 Bernama THE Msloo levy imposed by Malaysia on lorries entering Singapore will stay, Mentri Besar Haji Muhyiddin Yassin of Johor said yesterday. He said that the decision was conveyed to him by Finance Minister Daim Zainuddin in a letter about a weekBernama - 208 words
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Article42 1987-08-11 16 Reuter YOUTH LEADERS of Malaysia's ruling parties pledged yesterday to defuse growing racial tension in the country. Datuk Seri Najib Tun Razak, who chairs the country's ruling National Front coalition, said the leaders agreed not to raise racial issues publicly.Reuter - 42 words
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Article105 1987-08-11 16 Bernama SARAWAK timber tycoon Tan Sri Wee Boon Ping has settled his M 55.15 million debt to Koperasi Belia Bersatu Bhd (Kosatu), the High Court in Kuala Lumpur was told yesterday. Kosatu's lawyer L H Looi told the court presided by Justice V C GeorgeBernama - 105 words
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275 1987-08-11 16 Reuter THE GOVERNOR of the Philippines' central bank yesterday faced a Senate inquiry into the country's foreign debt. Governor Jose Fernandez, summoned to explain Manila's foreign borrowings, was grilled by five Senators, one of whom hinted the governor should resign because ofReuter - 275 words
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Article53 1987-08-11 16 AP WALL STREET stocks moved broadly higher in early trading yesterday. The Dow Jones Industrial Average stood at 2,599.33 an hour after the opening, up 7.33 points from Friday's close. Rises outnumbered falls by nearly two-to-one among New York Stock Exchange-listed issues, with 800 stocks higher andAP - 53 words
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169 1987-08-11 16 Reuter NEW ZEALAND may hold a referendum to decide if governments should serve a four-year term instead of the current three years in office, Prime Minister David Lange told a news conference yesterday. He said that if voters did opt for the change,Reuter - 169 words
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351 1987-08-11 16 UPI OPPOSITION leader Jim Bolger yesterday accused New Zealand Prime Minister David Lange of secretly plotting the severing of defence ties with the United States as early as 1984 in a bid to put New Zealand in the campUPI - 351 words
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Article116 1987-08-11 16 COM EX gold futures rallied yesterday morning on news that many of South Africa's black gold and coal miners had gone on strike on Sunday. Gold for December delivery was up US$6.2O at U*****.00 an ounce. It held a high/low of U*****.70/469.60 after less than one hour of116 words
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LATE FILE
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34 1987-08-11 16 Reuter A US-operated supertanker loaded with Iranian oil hit a mine in the Sea of Oman yesterday, the first casualty of the Iran-Iraq "tanker war" outside the Gulf. ReuterReuter - 34 words
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Article46 1987-08-11 16 Reuter SIX WORKERS were injured, two seriously, at the start of a nationwide strike by black workers in South Africa's crucial gold and coal mines. Anglo American Corporation said they were hurt in a clash between strikers and miners who wanted to work.Reuter - 46 words
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Article52 1987-08-11 16 Bernama CERTAIN QUARTERS are deliberately spreading falsehoods to scare off British investors from Malaysia though the country has long abandoned the "buy British last" policy. Prime Minister Datuk Seri Dr Mahathir Mohamad said on his return from a three-week visit to Britain, Hungary and the SovietBernama - 52 words
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Article36 1987-08-11 16 Bernama THE DAP wants the government to defer the imposition of new highway toll rates scheduled for Thursday until the "controversy" over the awarding of the north-eouth highway project is resolved.Bernama - 36 words
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Article32 1987-08-11 16 Reuter SRI LANKA yesterday freed nearly 800 more suspected Tamil rebels as their comrades in the north and east surrendered more arms under a peace agreement. ReuterReuter - 32 words
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Article27 1987-08-11 16 Reuter THE LOWER HOUSE of the Philippines' new Congress passed its first bill yesterday, renaming Manila International Airport the Ninoy Aquino International Airport.Reuter - 27 words
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Page 16 Advertisements
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Advertisement240 1987-08-11 16 A CHANCE n tomakeitDKJ >il o It doesn't take a huge amount of capital to make big profits at SIMEX. What it does take is motivation, intelligence, discipline and a willingness to take risks. Individual Non-Clearing Members of SIMEX come from all walks of life. And while the majority had240 words
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Advertisement123 1987-08-11 16 Tne*es moke tmhonemv/ to see STWtS—kl 3s; <5 a ss 4* p I y--1 %2sk <v. t 53 'A "•op MAK<N6, Contact WtTH FIXtNC SAUCEPANS f X t: SS -K P *C V S! *4 *3 c V >3 M h ■v u u u *^"X*. Cvyyxy^ WHhNita Mm. 7123 words
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Advertisement3 1987-08-11 16 8m Pigi 3 :"=:&}~@]|.[;|!{)_;<%"|`^+`^~][3 words
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SHIPPING TIMES
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Article498 1987-08-11 17 LINDA CHEE - American New Jersey finished discharging empty boxes By LINDA CHEE THE DISCHARGE of empty containers from United States .Lines's three giant containerships in Singapore has finally begun. Early Sunday afternoon the American New Jersey completed the offloading of 1,091 containers at the Tanjong Pagar Terminal without498 words
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217 1987-08-11 17 EVERGREEN MARINE Corporation (UK) Ltd haa taken over liner agency responsibility for Evergreen in the UK and Ireland with effect from Aug 3. This move, which is a few months earlier than originally intended, is designed to give Evergreen tighter control217 words
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129 1987-08-11 17 AFP A GROUP of shipowners from the European Community (EC) haa filed a protest with the European Commission in Brussels about a South Korean firm's alleged dumping practicee, said one of the plaintiffs. ABC Containerline of Belgium, on Monday. The shipowners haveAFP - 129 words
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PORT SIDES
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Article92 1987-08-11 17 Opecna THE FIVE licensed bunkering companies of Nigeria supplied a total of 19,500 tonnes of fuel oil to 103 vessels in April, compared with 15,619 tonnes to 88 ships during the previous month. According to the Nigerian Petroleum News, 80 of the vessels in AprilOpecna - 92 words
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Article111 1987-08-11 17 AP A TAIWANESE fishing trawler rescued 13 Vietnamese refugees from a drifting boat in the South China Sea after 30 other refugees in the boat reportedly died of starvation, Taipei police reported on Monday. Police said the Taiwanese trawler Ching Chi Feng picked up the refugeesAP - 111 words
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Article, Illustration706 1987-08-11 18 Fairplay ALTHOUGH PROBLEMS are still being found in the Japanese marine induatry, it is becoming increasingly obvious that-as long as research and development continues, there is and will be a maritime future for Japan. Nevertheless, although money and facilities are being made availableFairplay - 706 words
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581 1987-08-11 18 AP TWO MONTHS of disturbances, riots and protests against military control of the government have not spilled over to the important Panama Canal, where officials report shipping as usual. "Absolutely normal. And that is something I'm proud of," says Dennis Philip McAuliffe,AP - 581 words
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Article705 1987-08-11 18 AB Shpg V s ABC Contain*' VHI 1 Accord Shpg vt 3 Africa Ocean X 2 Alltrons VH 3 American Tpt X 2/3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 ASCI IN 1 Asion Ocean VI 3 Bolt-Conodo line705 words
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Article1269 1987-08-11 18 HIGHER rates for grain chartering out of the US Gulf and very active time-charter business featured the freight market on Friday, shipbrokers said. Shippers were reported to have paid U5516.50 for grain from the Gulf to Japan, compared with $16 previously, while business from the Gulf to Rotterdam1,269 words
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Article175 1987-08-11 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 Line175 words
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204 1987-08-11 19 HONGKONG registered a 10 per cent increase in shipping throughput for the first quarter of this year compared with the same period in 1986, said The South China Morning Post. It attributed the figure to the Hongkong Shipping Statistics Report, which added that 3,250204 words
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Article408 1987-08-11 19 Lloyd's List ANTWERP shipping agents have appealed to shipping lines for a rate increase and are setting up special committees to put pressure on owners to do so. The Antwerp Shipping Federation has targeted the trade to India and Pakistan as the first area. FederationLloyd's List - 408 words
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Article279 1987-08-11 19 Reuter THE US-ESCORTED CONVOY of Kuwaiti oil tankers moved up the Gulf without incident after the US recovered mines from the waterway, US Defence Secretary Caspar Weinberger said yesterday "We destroyed mines outside the Kuwait harbour, and they are mines that Iran possesses." he said. "WeReuter - 279 words
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Article, Illustration112 1987-08-11 19 FAR EAST TRADE PRESS Ltd publisher of Cargonews Asia has compiled the facts on who does what, where and how in its first edition of the Cargonews Yearbook. Designed to save shipping executives time and money in locating Asia's freighting companies by phone, telex or by the112 words
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Article68 1987-08-11 19 AP SEVEN tall ships sailed on Sunday for Cape Town. South Africa, on the third part of a voyage to re-enact the one that took the first white settlers to Australia 200 years ago. The iron and wooden vessels, their square sails billowing in gentle winds, shovedAP - 68 words
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Article281 1987-08-11 19 AFP ALTHOUGH the escalation in tension in the MiddleEast Gulf following the Mecca riots in Saudi Arabia led to a doubling of London underwriters' war risk insurance rates, this did not appear to prevent shipowners from meeting a reasonable level of demand from charterers. London broker E AAFP - 281 words
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161 1987-08-11 19 THE INTERMODAL Container Transfer Facility (ICTF) in Southern California is approaching the 360,000-contain-er throughput capacity of its first phase, which will exceed early expectations of its firstyear performance. With the recent expansion of Sea-Land Service's use of the ICTF. the number of containers161 words
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9314 1987-08-11 24 3®aBG)(IEB 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 of9,314 words
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Article304 1987-08-11 25 AT CONVENTIONAL WHARVES VIINI KEPPEL WHARVES Amval Departure Fengsheng <29 Alongside 14.06/2300 Gold Orli <30 alongside 11.06/2300 Guanghe <35 alongside 12.06/1500 Lianhuashon K31 alongside 14.06/0600 Ostfrieslond <33 alongside 11.06/2000 Thai Rose <20 alongside 11.06/0600 Verbena <16 alongside 11.06/0600 Brinton Lykes <33 1106/2359 13.06/0600 Builder III <23 11304 words
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Article955 1987-08-11 25 RECEIVINQ OF EXPORT FCL CONTAINERS AND LCL CARGO Qdm FCL Ship Arrival LCL COTQO movement Voy date/tin IW Oparalor •chadula Locrtlo Pegasus P 492N 1) 08.87 1800 SSPl F5A 0900-1000 F6 B Butang 364 11.08.87 1900 S'pore Shpg F5A 1000-1100 A3 Sinofa 959 11.08.87 1900 Sea Consort F8955 words
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Page 17 Advertisements
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Advertisement656 1987-08-11 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Hartc is A WOMAN OF SUBSTANCE But what is the price she has paid? Available at all good bookshops jZEDTWC IMW i ww mocks i tllll* ao Cm* Hwj/U* «■'>! Ml If/ TM 2ZUMI TELEX NO B ***** OypffOvHgEis Cmtaitm656 words
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Advertisement383 1987-08-11 17 H»w S.E. Asia ■pwt Ike teak*l Weal MUMKMIt. TnAOtC. AnifbhataM Good Bookthopt n* MAERBK LINE 1 MIDDLE EAST SERVICE FAST TRANSIT SIN/RIYADH —11 DATS SIN/SHARJAH —11 DATS Tha MM Laual M Ctoaing Taw CY 124 2300 MR9 CFS 129 1300 MRS 3CVB 31/8 1/t 7/1 M 1M 149 1M 20/»383 words
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Page 18 Advertisements
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Advertisement367 1987-08-11 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT of LDG DATES PT KLA KARYATIS Rostock SaiM M ELEFTHERIA II Immnghain SaiM yj CLARE Luefceck-Hamburg SaiM 3/1 TBN Szczecin-Rostock SaiM RAMSES Bramen-Hamfeurg SaiM TBN Bremen-Hull 2M/9 1/10 I tiw •den-Hamburg-Santa nder 24-3/9 4/10 Further load/ discharging ports an route subject to sufficient inducement367 words
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Advertisement14 1987-08-11 18 Lines and services represented by 8 the R V ry 01 Accredtted [iWi Sm'j14 words
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Advertisement397 1987-08-11 18 CHARGEURS RE UN IS C« POINTE NOIRE at DOUALA SINGAPORE f NQUIPiF S 2723"*44 CFS 2224(>41 f A* 22 LOADING DIRECT FOR; u-tEuwoii r nom rtttmu liweville douala sw t to I o? Optorg Shipping Pte. Ltd lEL M A ABIDJAN DAKAR HS« 19 Sapt u to is to ftort397 words
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Page 19 Advertisements
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Advertisement991 1987-08-11 19 The Straits Steamship Group Mansfield Container Shipping PteLtd poyytr P&O Containers Limited STRAITS SHYING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok GTEZTZ iw:nTll r«m pju«« rta tnrni rt«nr*i l» UK V w «n an a* an an an ua 2* an w a w a aa aa a an991 words
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Advertisement655 1987-08-11 19 NOTICE 9 II LIK f ill 3 n I^l i i. !1J The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:PORT SUDAN :As a result of delays at these ports a congestion AND surcharge655 words
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Advertisement289 1987-08-11 20 5C CO NT AINERSHIP SERVICE TO UK/CONTINEN T Hapag-Uoyd s CHWV/SEMI CONTAINER SERVICE TO EUROPE C C NV.S EMI CONTAIN ER SERVICE TO MED EUR OPE CONTAINERSHIP SERVICE FROM UK CONTINENT Tolaga Bay To*4 Eiprast Rhini Haru Larp Bay Kurani Haru Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P.289 words
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Advertisement535 1987-08-11 20 *J U Mt SC&LINE i—u tmmm FULLY CONTAINERISED SERVICE [TO EUROPE VIA SUEZ Mfmbfr ol lhf cf Co t um S port L*Kj»f« R dim NEPTUN£ DIAMOND 71W ORIENTAL CHIEF UN KOREAN JACEJIN CHINA CONTAINER 41W NEPTUNE CRYSTAL 41* ALSO CALLING ANTWERP VIA ROTTERDAM PKELANG CTRS VIA FEEDER VESSEL Ft535 words
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Advertisement427 1987-08-11 20 ASIA WEST AFRICA CONTAINER SERVICE SAILINGS EVERY MONDAY EVER GROUP EVER GARDEN EVER GIVEN CARO (LCL FCL) FOR: DAKAR, f?!^L!?L 1 OWROVIA ABIOJAN. TEMA, LOME, LAGOS DOUALA I""- I.t Sififjpore flppiils HflhKl MM! DAHHY SHIPPING Plf I II) Ipl WbloBB S ?S>3?6 INDIA STEAMSHI EXPRESS FCL/LCL FORTNIGHTLY CONTAINER SERVICE TO427 words
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Advertisement959 1987-08-11 20 SHIPPING TIMES, Tuesday, August 11, 1987 EVERGREEN full ,0 St Round-The-World East Bound (FE/C ARIB/USEC/EURQ/FE) FIX ROM AMI UtV SGP 11/11 u/io i*m vnt ALSO ACCEPTING CARGO TO: 1) PROVIOCNCE. NEWARK. SAVANNAH. 10$ TON PHILADELPHIA. NORFOLK JACKSONVILLE WILMINGTON BERMUDA. ETC i«.uwnnu I) ATLANTA, CHICAGO. DETROIT COLUMBUS t OTHER MAJOR NICXORRIDGE959 words
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Page 21 Advertisements
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Advertisement489 1987-08-11 21 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE KOTA MNGA MAJAPAMIT lOWA •MOW MURORAN (HOKKAJOO) *MTC HTTACHI INDONESIA CONTAINER SERVICE HAWK ■TANA SHUM «A DRAGON M DRAGON VOV SIN SCA FORTUNE 179 SM MTEGRA SCA FORTUNE 17*1 MTEGRA SMG SIN489 words
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Advertisement167 1987-08-11 21 NORBUL "3 NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICE TO UK/CONTINENT PORTS MARKOS LYRAS NB3 BAUCI DM SP PN LOADING FOR In Port 14/1 NANTE^RDAM/ANT/UK/ 17/1 22/1 SCTE/RDAM/ANT /UK TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL 222WG6 MALAYSIA SP YEO SHIPPING i TRADING167 words
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Advertisement616 1987-08-11 21 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT M* Eiprtu 2M c *r !*<■» VI EXPRESS CONTAINER SERVICE FROM UK/CONTINENT •nan Cimu UK an 21* Ljcp Rty MM ON ALL VESSELS ACCEPT TRANSHIPMENT CARGO I TO/FROM PENANG AND EAST MALAYSIAN PORTS J IK]JEBSEN LINE NEW ZE ALAND Tl »EW616 words
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Advertisement478 1987-08-11 21 n 3 I MMMm 'J ri* SRIWIjAYA/TlWl IHM LJ. BONTANC/12WB 2S-2SI occan nnwjlß w PALEMBANG/7WB 25-27/1 PALEMBANW7W6 lut)ict to Mi BILBAO BREMEN A'DAN/R'DAMH'BURG 13/1 17It an tsn an 3/M 7/1B 510 1210 24/ M 28/U 31/ M Also accepting ciryo to BaM, Port Altnndrit. Owm, TrMi. ALSO ACCEPTING BOTH CONTAINERS,478 words
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Advertisement395 1987-08-11 21 BOUSTEAD SHIPPING AGENCIES 1* PAGAN VUM PA-A* VIUK SIT-TWAY VJU HANDALAY VU HTONETWA V22M BURMA FIVE STAR r "TT TT»" MmtlM (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok JBS- z z 11/12 A* Wit Ai« S/7 Au| 15/17 A* VBB BANK LINE EXPRESS SOU-CONTAINER < NORTHBOUND TO395 words
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Page 22 Advertisements
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Advertisement1056 1987-08-11 22 K"LinE SHIPPIfIB OPITfI ATLAFITftC COAST (Round-The-RAINBOW BRIDGE V 8 N GARNET VlO •VIA FEEDER •PK/PNG SPORE Sid 14 Aug IS Aug 21 Aug NYC HFX 19 Sep 23 Sep 26 Sep 30 Sep PACIFIC SDUTH-UJEST FEEDER VSL 'PK/PNC SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK RAINBOW BRIDGE V« Sid1,056 words
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Advertisement255 1987-08-11 22 S A VAAL 3531F NEOLLOYO COLOMBO 3S3OF OSAKA MARU 3334G HAYAKAWA MARU 3433G P.Eli* C.Town Durban Sid SM Sid 13/8 14/8 17/8 Jmrdtn JARDINE SHIPPING AGENCIES (REG, 242*4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT. SINGAPORE <808 let: *****11 TELEX NO: RS ***** TERMINAL/CFS Tel *****18-220 BOOKINGS Tel *****34-235 FREIGHT LINKS255 words
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Advertisement745 1987-08-11 22 '/U AUSTRALIA EXPRESS CONTAINER SERVICI Accepting FCL/FCL Container* Foodor PKetong Lmtr Veuol S port IMb From Sfdn Ate Aa KABIROAS" VJS 1 Au| 22 Aug 31 Aug 29 Aug AM/Bra ESTECLIPPER *16 II Aug CH AND I DAS' Vi 7 6 Sept 21 Sept 30 Sept 2t Sept AM Brc745 words
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Advertisement792 1987-08-11 22 Ip [V I GOLDEN LINE f!S!!*>k GUKN GUAN SWUNG (PTE) LID V 23 W ht> Utn4 ">* SWtfOK 0104 TU U43SM (II LMESI Far *****04 STRAITS/PERSIAN GULF SERVICE: Spoce P KetongPenant GOLDEN BEAR Colombo/Karachi/Out* 1701 Aug GOLDEN HARVEST 1/10 Sept- CHINA SERVICE A VESSEL Shanfh»i/Mtin«nc 11/21 Aug CHINA OCEAN SHIPPING792 words
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Advertisement441 1987-08-11 22 PHI LI Oni€NT LIN€S PT€ LTD HEAD OFFICE 63 ROBiNSON ROAD «C 7 1? AFRO ASt* BUUOiNC SINGAF ORE GlCb TELE* BS ***** PHItl FAX *****76 DUBAI OAMMAN KUWAIT. DOHA. MUSCAT. BAHMK. ABU DHABI B SHARJAH. JEOOAH. HOOQDAN. AQABA N KONG. KOBE. KEELUNG. COLOMBO. KARACHI BOMBAY EAST AFRICA/MEDITERRANEAN m Em441 words
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Page 23 Advertisements
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Advertisement818 1987-08-11 23 NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS 27K753 *****42 *****22 *****53 *2»}J 27*111 *****41 NEPLINE SDN BHD KIHI7 IKWARD/OUTWARD NEPTUNE ORIENT LINES LTD !t£ NEPLINE SDN. BHD J6M887 NEPLINE SDN BHD *****J3 tnv NEPLINE SDN. BHD t2003Vt27MM27K1ft27«2 NEPLINE SDN BHD. *****0/2M041 ENQUIRIES. *****44 TO EUROPf/DM\flA TJ N818 words
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Advertisement142 1987-08-11 23 u TflYO SHIPPING LINES PTE LTD TEL *****25 (3 Llnet) TLX RS ***** TAYOIN VESSEL ETA ETD DESTINATION PIYA I 21/8 25/8 KRABI/COLOMBO* SINAR MEGA 13/8 14/8 PEKAN BARU/DUMAI J A VESSEL 13/8 14/8 BATAM A VESSEL 25/8 29/8 BANGKOK A VESSEL In Pt 11/8 TORT MORESBY, LAE TERNATE REGULAR142 words
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Advertisement515 1987-08-11 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON Vmml'i Nam* S'por M Enterprite/712N In Pt No 7 Donam/70tN IS/I No I Donam/70SM 17/S No i Don*m/70M 23/1 No Donam/70tN OS/9 M. Enterprise/713N L 2/9 No 7 Donam U/9 P Kelang Buun 22H 21/1 W9515 words
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Advertisement929 1987-08-11 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office- *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** R*****8 f kelanc M/S HANDLING SYSTEM CO SON BHD No. 14 Jaian Cungah. Port Kaiani SM», Malaysia T«t 3M82«3/3SM24a929 words
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Advertisement25 1987-08-11 23 dUSk AUSTRALIAN SERVICES WEEKLY CONSOLIDATION/SHIPPING SERVICES TO/FROM ALL AUSTRALIAN PORTS INCLUDING TASMANIA ALL INLAND POINTS BOOKING AGENT: FREIGHT MANAGEMENT SINGAPORE CONTACT: LYN/HELEN *****11 (15 LINES)25 words
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Page 24 Advertisements
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Advertisement263 1987-08-11 24 MSAPORi SHIPPING CORPN. (PTC) LTD. TEL: 225-6868 (30 Lines) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD FAX NOS: *****39/*****76 Vt B DE UT F RACHT/SE EREEDERFI Rr\T FORTNIGHTLY FULL CONTAINER SERVICE TO EUROPE IT'T.f 11.-'.'"I 1 ■."■HTM m •VIA COLOMBO; Accepting cargo for INDIA Bombay. CoGiw I Madras263 words
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Page 24 Miscellaneous
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Miscellaneous152 1987-08-11 24 Regioitl Weather a m N yk sK idt'A IBS S3 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Shower Rain Cloudy Sky Sarfaee wM an t Temperature Weather °C aWind direction with speed in knots nam W *v* height Cloudy Sky Sarfaee winds are indicated152 words
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Page 25 Advertisements
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Advertisement225 1987-08-11 25 CALL US AT: P. KELANG PENAHG J. BAHRU P. GUDANG i SINGAPORE I K. LUMPUR 3M5753/*****11 04-6251/2/4, (***** 07-24im 07-*****3, *****5, *****0, *****1 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER Lttm. SI J M rrr rrr r JUTLANMA OTHER DESTINATIONS: AARHUS, AMSTERDAM. ANTWERP, BASLE, BREMEN, BREMERHAVEN, COPENHAGEN. HELSINKI.225 words
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Advertisement197 1987-08-11 25 RUN CONTAINER LINE TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR. CONAKRY UM 13p ABIDJAN, LOME m Z3* CONTONOU, DOUALA ÜBMEMJLE, PORT GENTH P. NOIRE, LUANDA DAILY ACCEPTING LCL/FCL TO:HURN DUBAI DUKBAH rr. KEAM USTMUI ffi/UI IMOK (KUR »TNTI PORT TO DOOR DELY: PT. KELANG TO KOTA KINABALU IN197 words
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Page 26 Advertisements
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Advertisement445 1987-08-11 26 FARGO SHIPPING COMPANY)PTC)LTt '*M regular express full container AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From US A/Canada/Europe/Mediterranean 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 P.T. UNITED SHIPPING ORGANISATION LTD 7k- DIRECT REGULAR SERVICES M445 words
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Advertisement644 1987-08-11 26 SM N v (SOCIEFE MAURICIENNE DF NAVIGATION) INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE VMMI FLAMBOYANT GASIKARA lEzai LOADING FOR Pt Louts, R tun ion, Durban, Capetown, Pt Elizabeth, Tamatave Pt Louis, Reunion, Durban, Capetown, Pt Elizabeth, Tamatave SEALION SHIPPING (S) PTE LTD TFI ??OSMI 7.V0//,' Tf L F X644 words
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Advertisement342 1987-08-11 26 r 1 y Mitsui OS K Lines Ltd rmi CONVENTIONAL/SEMI-CONTAINER LOVCEN EAAIA ASTRA PEAK SWA 26A SUBJECT INDUCEMENT Mombasa, Daressalam, Tanga Port Louis. Reunion WATERGEUS WAA7A RAINBOW AVENUE WAB3A Rmks: Subject Inducement. Apapa/P Harcourt P No«re, Abidjan, Monrovia, Lome, Contonou, Tema SA. VAAL 3531F NEDLLOYD COLOMBO 3630F OSAKA MARU VOY342 words
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