The Business Times, 24 August 1987

Total Pages: 30
1 30 The Business Times
  • 12 1 BUSINESS TIMES MCI (P) No. 112/12/86 MONDAY, AUGUST 24, 1987 75 CENTS
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  • 613 1  -  Goodman Fielder raises stake in Ranks Hovis By ALAN LEE, Companies Editor HOT ON THE HEELS of the successful takeover of Cold Storage Holdings PLC, Wattie Industries Ltd's partner in Australia is now going after another UK-based food giant which has a major
    613 words
  • 123 1 Reuter HERTZ, the world's biggest car hire company, is joining the American business sxodus from South Africa, it was announced yesterday. In a statement issued to the South African Press Association, Hertz said it was disinvesting from South Africa over the next 16
    Reuter  -  123 words
  • 101 1 AP THE OFFICE of President Corazon Aquino, who has frequently called for austerity in her government, saved 45 per cent of its U555.47 million budget, Manila newspapers said yesterday. The Manila Chronicle quoted Presidential Finance Assistant Jesus Calleja as saying the Presidential Office spent 60 million
    AP  -  101 words
  • 168 1 BUSINESS TIMES will be carrying a weekly round-up of the major Asian currencies in its Money Exchanges page every Monday, starting today on Page 6. The service will give bankers, financiers and corporate treasurers a crisp picture of the previous week's trading in the currencies
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  • 257 1 Reuter CHINA yesterday announced it was freezing prices of consumer goods and services under government control to combat rising inflation. Prices rose an overall 6.3 per cent in the first six months of this year and an annualised 7.8 per cent
    Reuter  -  257 words
  • 81 1 AFP JAPANESE companies have cancelled US$l.B billion worth of export contracts with China since the controversy over illegal high-technology exports by Japan's Toshiba Machine Co to the Soviet Union, a Chinese official was quoted on Saturday as saying by the Japanese press. China was suffering more
    AFP  -  81 words
  • 118 1 CHINA is to publish a new selection of the late chairman Mao Zedong's early writings on Soviet Marxist theory, the official Chinese press said yesterday. The collection of essays, many of which will be published for the first time, date from the
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  • 479 1  -  By BOEY KIT YIN EXPORTS LAST MONTH hit a monthly record of $5.16 billion. This was a result of s 50 per cent spurt in demand from Singapore's largest market the US. as well as a strong recovery in re-exports to neighbouring countries.
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  • 210 1 AFP TAIWAN IS TO LIFT a nearly 40-year-old ban and allow its citizens to visit relatives in mainland China via third countries. The mass-circulation United Daily News reported yesterday that the ruling Kuomintang (KMT) Party is expected to lift the ban on visits
    AFP  -  210 words
  • Page 1 Advertisements
    • 462 1 Need a car or truck loan? FOONG 737-7977 foong Mjrtgapr And finance (S) Lid A wholly-owned subsidiary of Hongkongßank 6Claymore HiM #03-01 Claymore Plaza S<*g*P"rc 0V22 4J V >v Vk BEING A non-executive director is not all prestige and rubbing shoulders with the rich and famous. Or even of receiving
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    • 318 1 Things are looking up SOUTH AUSTRALIA, which had to bear the unflattering description of 'a state of no importance' that lay 'between the eastern seaboard and the brief home of the America's Cup', is poised for a fighting comeback. The state signalled its determination when it secured the single biggest
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    • 4 1 Sm Focus, Pag* 9
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    • 125 1 The 7th Asian International Industrial Fair with AiMB7 conference 30 September-3 October 1987 World Trade Centre Singapore Organised ty Singapore Exhibition Services Pte Ltd Tel: *****47 Because of\kchiyo's enthusiasm, no other aiiiine can offer you this: m t THE JAL PLEDGE As highly trained and dedicated professionals we will confidently
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  • MANAGEMENT
    • 1182 2  -  Being a non-executive director is not all prestige and rubbing shoulders with the rich and famous. Or even of receiving an additional source of income. For membership of this club is full of hidden dangers as ROSIE TAN of the Companies Desk finds out. ROSIE TAN
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    • 609 2 UPI IT HAS BEEN NOTED in recent months that many of Japan's top corporate executives have been, well, dropping deed. Some of the top people at All Nippon Airwaya, Kawasaki Steel and Mitsubishi have died of heart attacks, pneumonia and other ailments. While
      UPI  -  609 words
    • 986 2  -  MR CHENG PET HIAN, who heads the small business group in Deloitte Haskins Sells, traces the events leading to the collapse of a once thriving family business. 1 1 |Vy MR CHENG PET HIAN, ONE OF THE advantages of my profession is
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    • 772 3 FT FOfl ALL THE generous compliments and expressions of goodwill at their formal opening sessions at the end of July in Detroit it looks as though the triennial US car industry labour negotiations will be some of the toughest and most important
      FT  -  772 words
    • 1212 3  - Investment evaluation techniques an evaluation Although companies in Malaysia and Singapore often make annual cash-flow forecasts over the life of a capital investment project, they do not undertake much analysis of the risk involved in the project, a comparative study has indicated. WILLIAM CHIA discusses the capital investment practices of
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    • 581 3 NYT CORPORATE RESUSCITATION the near-heroic art of bringing a company back from the dead is no place for the faint-heart-ed. Salvaging a terminally ill organisation often means making gut-wrenching decisions, performing radical surgery, and living with slim odds of success. No one demonstrates
      NYT  -  581 words
  • Page 2 Advertisements
    • 256 2 Here's abusiness deal •A* w9&m w; m Some call theirs the Executive Lunch. Others name theirs the Businessman's Lunch. Well, we at Le Vendome Continental Restaurant thought we should address the issue more direct and present you with our proposals. If you're the type who has to hop from meeting
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    • 6 2 Keep your investment decisions on target
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    • 72 2 OLYMPICS EUROPE 41 lar S! < 1 f* < H I J 9' v 5» 9 |KI <-*. I I A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you frequent and convenient connections from Athens to more than 40 worldwide destinations including Madrid, Istanbul, Dusseldorf, Marseilles, Milan,
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  • Page 3 Advertisements
    • 147 3 Otymptc-iength swimming pool is .-> m > St £4 w; V "3 > Resort style full-service accommodation by the sea. Available for a month or more. Magnificent view aft he sea Fully furnished units ranging from one bedroom apartments to penthouses Full-service facilities: TV/VCR/Hi-fi set/crockery/cutlery/cooking utensils/ glass wear/daily housekeeping/bedlinen and
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    • 202 3 <■ pack youb BAG fob TAIPEIA great ttme+p <*a^bidom js waiting Kjgjl Taipei International TvxtHi 6 Appcrtl Fdr September 8-11, 1987 y~t I A Al 1 fcI npvi irTTffTJlTrvnß Idy IMIVW September 23-27, 1967 Taipei International Electronics Show October 6-1Z 1987 Taipei Pack October 21-25, 1987 Taipei Plas (Taipei International
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  • ASIA-PACIFIC
    • 426 4 UPI CHINA'S political leaders must soon make tough decisions to go ahead or delay reforms in the state economy, said the Central Intelligence Agency in a study released during the weekend. China's leaders are considering silo wing the market system more flexibility in defining
      UPI  -  426 words
    • 323 4 AFP DECENTRALISATION of China s bureaucracy will be a key element of political reforms set for the Communist Party Congress in October, the New China News Agency (NCNA) said on Saturday. "China haa experienced a lot of attempta at government strsamlining sines 1949,
      AFP  -  323 words
    • 203 4 Reuter STATE BANQUETS in China will last no longer than 90 minutes and guests will be limited to four dishes and one soup, according to new rules. The numbers of guests will alao be cut and if foreign delegations exceed their quota,
      Reuter  -  203 words
    • 589 4 Reuter A CONTROVERSIAL new congressional report released during the weekend says Prssident Ronald Reagan had agreed to protect Kuwaiti ships in the Gulf primarily to check Soviet influence in the region and not to keep sea lanes open. It says a secondary cause of the
      Reuter  -  589 words
    • 401 4 Reuter CLENCHED FISTS punching the air, thousands of men and women rose snd sent s loud roer echoing through the streets of west Teheran. "Down with' Americs. Down with Isrssl. Down with Ssudi Arabia. Down with Iraq." The words thundered from the
      Reuter  -  401 words
    • 207 4 AFP TOTAL INVESTMENT in the Philippines hit 4.29 billion peeoe (US$2lO million) in the first «even months of 1987, a 92 per cent increase over the 2.23 billion pesos (US$lO9 million) r«corded in the same period last year, the Securities and Exchange Commission (SEC) said
      AFP  -  207 words
    • 542 4  -  By BRIAN GOMEZ, Regional Correspondent GROWTH IN INDONESIA'S two-way trade with China has been "not so spectacular", two yaers after resumption of direct trsds relations, although Indonesian sxports to Chins last year rose by 66 per cent while its China imports rose 36 per
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    • 253 4 AP IN A SECOND high-level meeting within two weeks, Burmeee feeder Ne Win hes told stale end ailing party leaders to draw up short- and long-term plans relating to legal, economic and sodal conditions in the problemplagued nation. The meeting was held at
      AP  -  253 words
    • 386 4 Reuter PRESIDENT Hoeeain Mohammad Ershad hee eaid Bangladeeh might fece a worse dieester in the traumatic aftermath of deveetating monsoon floods that have killed more than 500 people. "The flood is expected to recede in the next few days, and then comee the reel danger
      Reuter  -  386 words
    • 791 4 ARRIVALS Operator Stnin Local Fran OA RU21 1100 RWN GIA GA940 1100 CCK SU S0105 1103 KUl SU SO 301 1145 COK SU SQ23S 1155 MCS SU SQ191 1155 P04 THAI T0403 1155 MC ku* run 1200 ams/mct SU S023 1210 AMS/CAI/MC MAS MH602 1230 KCH OU
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  • Page 4 Advertisements
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    • 54 4 '\|[^[*&%`%/]`)>-!+]$]!]+:%=\~< T f~\\ TTX/vtiX bwstoe* person' s cho.ce. eve:y I I II \I I Iff I Tuesday, Thursdoy, Saturday un»j Sunday I M I I Leaving Chongi Airport at 7105 M JVy J- 1 1 1 hours ond arriving Heathrow eorly the following morning. Coll your Travel Agent or Air
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  • Page 4 Miscellaneous
    • 38 4 Witt AT ?R 13/09 SO/23 30/20 37/32 32/tt 30/?* 30/21 30/24 Cairo Calgary Coraoot Oifcago Copltogon Darwin Now Yortt Rio Janeiro San M*'« San Juan Soo Paulo S«ovl Sydney Taipei Tol AvK Tokyo Toronto Vancowvw Vienna Wonaw Wofhtngton
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  • REST OF THE WORLD
    • 469 5 AFP UNION LEADERS have accused big business of colluding with South African mine owners in an attempt to crush the bitter 13-day-old gold and coal miners' strike, the biggest in the country's history. But spokesmen for financial institutions operating in the
      AFP  -  469 words
    • 581 5 Cheaper food and clothing NYT AMERICANS are still ahead in purchasing power because the prices of food, clothes and other goods in the US are low compared with other countries. Japan has made major gains in the last 10 years. But as calculated in a
      NYT  -  581 words
    • 398 5 AP TURKEY WILL soon start selling off state economic enterprises to the public, Premier Turgut Ozal announced on Saturday. As a first step, state-owned companies will divest their minority shares in six largely private companies through sales that start at the Istanbul Stock
      AP  -  398 words
    • 211 5 AP NICARAGUA called on the US to "give peace a chance" after a committee representing Latin American nations was established last Saturday to verify fulfilment of a Central America peace plan. The 15-member verification committee will begin working immediately to bring about
      AP  -  211 words
    • 417 5 Reuter THE MEXICAN economy is showing signs of recovery, but is still hampered by high inflation and vulnerability to international interest rate increases, two government reports said. Reports by the Ministries of Planning and Budget and Finance covering the second quarter cited a slight increase
      Reuter  -  417 words
  • Page 5 Advertisements
    • 617 5 Polaroid beats THE DEADLINES. Haven 7 you noticed how new information has an annoying habit of showing up minutes before you need to present it 7 Well, whether you are in advertising, architecture, banking or medicine. Polaroid with its wide range of instant film and imaging devices, gives you the
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  • Page 5 Miscellaneous
    • 36 5 Doonesbury 8.P7...P1P... PIPIT HAPPEN? THREB C7UG7X&. Ta I 3 m m BY GARRY TRUDEAU i/UHO.- tUHOAM If AM I MY MNeseiF 7 OR SHLLBOOPS/B IF66L UK£... UKB WHAT* UKB YOtfRB STILL SHOPPN6! HOOPS!B. f fA m
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  • MONEY AND EXCHANGES
    • 574 6 NYT WESTERN BANKS have notified North Korea that it is in default on its loans and could soon face legal proceedings to seize some of its property abroad. Banking sources in Hongkong said yesterday that it was the first formal loan default by
      NYT  -  574 words
    • 198 6 Reuter THE HONGKONG Future# Exchange Ltd plans to commence trading in a three-month Hongkong dollar interest rate futures contract in early December, subject to final government approval. It said in a statement yesterday the contract will be traded in the form of the spot
      Reuter  -  198 words
    • 33 6 TOKYO money dealers hustling alter the dollar took another nosedive on Thursday. The US currency kept on sagging against the Japanse yen in Tokyo, closing on Thursday at 143.75 yen.
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    • 1498 6 AFP ZURICH LAST WEEK, the moment of truth came for chartist* even when taking a sober view, analysing the markets using technical signals was a complete failure. The extrapolation of the surge ended in a wreckage. The onset for the dollar slide was already determined the previous weekend,
      AFP  -  1,498 words
    • 500 6 Indicate* th# ivtfiQt of th# prima ItndlnQ ralH of 12 ma|or banks In Slngapora PLR of bonks at the dose of business on Friday, Aug 21, as supplied by Iho Association of Banks in Singapore. BANK Pit Algemone Bank 6 V* Allied Irish Bank PLC 6% American
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    • 379 6 Gold Financial futures Green Collier GOLD BULLION Isst week edged higher in nervous lacklustre trading on a combination of fundamental and technical factors. At New York's Commodity Exchange, spot gold finished at U*****.90 an ounce, about $5 higher than the previous week's close. Over the week, the softer dollar and
      Green & Collier  -  379 words
    • 244 6 Asian market ASIAN CURRENCY ayrogm d*pod r rates for th* «Mk «nd*d Aug 21 MD 1 MM 1 US 1 LOw 7 days 6 11/16 6 5/§ 1 marth 6 11/16 6 11/16 2 maMh 15/16 6 13/16 3 MMh i 6 IS/16 6 7/9 6 mortfh 7 3/1* 7
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    • 40 6 Tradbig an j M«Mt a. 1M7 Op- M* Lwr OM CM V«1 MKKEI 1 STOCK AVERAQE V255MO) *****J4 UM J» 257M.W Sap 17 *****-30 ***** ***** *****490 1000 Ok «7 ***** ***** ****** ***** 45 Singapore International Monetary Exchange
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    • 302 6 National Discount Co. THE SINGAPORE government Securities market saw lacklustre trsding for the greater part of last week until the snnouncement of a new five-year note issue by the MAS which will be suctioned on Aug 28 for pick-up on Sep 4. The new issue size of
      National Discount Co.  -  302 words
  • Page 6 Advertisements
    • 285 6 PRACTICAL PROFITABLE APPROACH TO COUNTERTRADE MARKETS MECHANISM OPPORTUNITIES STRATEGIES SATURDAY 5 SEPTEMBER 1987 (9.00 am 12.30pm) PAVILION INTERCONTINENTAL HOTEL, SINGAPORE The importance of countertrade in world trading activity has increased rapidly in recent years. This trend is expected to continue as the international markets are still plagued with debt and
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    • 166 6 For Business or Leisure, One Hotel Takes The Crown. z It 1 I ";;r MM! m S/\Cif; /MSP9 DOUBLE: M$ 108 The Prince'-a sanctuary for business of pleasure in the heart of the city, J/ w/>ere the shopping, entertamment j I and business pulse beat Elegant, sophisticated, luxurious and intimate.
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  • BANKING AND FINANCE
    • 905 7 NYT A TOP US BANKING regulator last Friday proposed the elimination of almoet all federal banking laws that restrict America's bank holding companies. The official. L William Seidman, chairman of the Federal Deposit Insurance Corp. propoeed that regulation be limited to individual
      NYT  -  905 words
    • 572 7 NYT A MID-SIZED Indianapolis bank has won a contract to provide financial services to American military personnel in three European countries, defeating the American Express Co, which has handled the job for 40 years. The bank, the Merchants National Corp, won
      NYT  -  572 words
    • 351 7 AFP AN UNPRECEDENTED financial scandal involving US$3OO million has shaken t(ie Yugoslav banking system, the Yugoslav media reported last week. It said an agri-business complex employing nearly 13,000 people has been issuing bills of exchange for rhore than a year without having the funds to cover
      AFP  -  351 words
    • 156 7 Reuter JORGE PICASSO, president of Banco Latino, said that Citicorp had suspended cradit linaa to his Limabaaad bank last month. A Citicorp spokaaman in New York confirmed tha report, aaying cradit linaa to Banco Latino and to soma othar banks had baan, and
      Reuter  -  156 words
    • 754 7 Sales in first seven months reached £B.Bb FT BRITISH inveetors experienced some form of mid-summer madness last month and invaatad their assets in unit trusts on a scale never seen before by the industry Figuraa isaued laat Friday by tha Unit Trust Association showed
      FT  -  754 words
  • Page 7 Advertisements
    • 237 7 FILL IN SOMEONE OVERSEAS ABOUT SINGAPORE. V The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, SEPTEMBER 5. I*7 >^j>V yjsx S/ «>> -w sv» M.CKP) No. 222/8/87 /<•/ r>y>; The Straits Times Overseas Weekly. It's the new weekly newspaper, printed on lightweight paper in convenient tabloid size. It will carry business,
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  • COMMODITIES
    • 625 8 Reuter WORLD METAL prices have shot up since May, reversing a downward trend that persisted for several years, and market analysts say more rises are likely. Copper, lead, zinc, nickel and aluminium key raw materials for industrial expansion suffered as the world economy slowed.
      Reuter  -  625 words
    • 174 8 Bernama CO-OPERATION between the Association of Tin Producing Countries (ATPC), Brazil and China is expected to check any downward slide in tin prices this year by underpinning the market at around the Msl6 per kilo level. The ATPC, in its 1986 annual report, said
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    • 258 8 Bernama THE MALAYSIAN palm oil industry has been told that it should not compete with Indonesia in the field but instead focus on gaining control of the world market for fats and vegetable oils as its main objective. Primary Industries Minister Datuk
      Bernama  -  258 words
    • 84 8 Bernama ES MALAYSIA'S crude palm oil production in July was estimated at 436,500 tonnes, up 11.55 pc from June, according to the Palm Oil Research and Licensing Authority. Of this, Peninsular Malaysia produced 390,000 tonnes (up 13.09 per cent) while Sabah and Sarawak produced
      Bernama ES  -  84 words
    • 1151 8 AFP ENERGY VALUES accentuated their decline last week, as concern about events in the Gulf subsided, while currency movements tended to dominate the performance of other commodity markets. However, precious metals were underpinned by persistent tension in South African mines, where
      AFP  -  1,151 words
    • 176 8 Bernama TM PRICE at tha Kuala Lumpur Tin Mwfcit rosa 43 Malaysian cants to doaa at Mflf.79 par kg last wsak. Tha prlca rosa by 16 cants on tha first day In fairly activa trading brought about by atarling's strangth against tha rlngglt. On Tuaaday, It rosa furthar
      Bernama  -  176 words
    • 168 8 Bernama THE MALAYSIAN market closed three cents higher last week at 263.50 cents a kg for September International One RSS compared to last Friday. Sentiment in physicals which remained bullish helped prices to close higher. However, movements were narrow due to continuing uncertainty about the weather. The market opened
      Bernama  -  168 words
    • 343 8 Bernama ES THE CRUDE palm oil futures market turned steady last week with August closing Ms 22 higher at $731 per tonne on the KLCE. Trading sentiments generally improved with encouraging overseas leads coupled with unexpected low production o( CPO in June. Elsewhere, sho recovering activities helped boost
      Bernama ES  -  343 words
    • 173 8 Chinese Produce Exchange Sailors' noon do«ing pricn on Augud 22 (SS/100 kg) Coconut oil Mk FOB 95.00 Old drum FOB 105.00 N«w drum FOB 109.00 Copra Mixod (loot.) 56 Pepper Muntok whit* FOB NIW 1192.50 Sarawak wMtw FOB foq NIW 1177 JO Sarawak spadal Mack FOB NIW 932.50
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    • 316 8 London Commodity Exchange Buyor/SoHor doting prim on Aug 21 (£/tonrw unlets specified). Prevtout doting prices In Oilt (USS/tonno) Potm oil M'sian crude OF UK/Rotterdam Nov 320* (320sif) M'sian/Sumatran crudo OF UK/Rotterdam parenthesis. Coffee Basis In-store London, sellers option CIF London Aug/Sop 320slr Oct/Nov 325slr Doc 327.5* (317.5pd) M'sian
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    • 165 8 Reuter WHEAT FUTURES on the Chicago Board of Trade on Friday posted further gains at the close and finished on or n6ar session highs. Prices were up four to two cents per bushel. December made a session high of US$2.9O and then retraced marginally to USS2.B9-1/4. Traders said prices
      Reuter  -  165 words
    • 137 8 Reuter SOYBEAN FUTURES on the Chicago Board of Trade on Friday closed mostly higher with prices up 5-1/2 cents to one cent per bushel. September settled 5-1/2 cents higher at US$5.l5-3/4 and November up 2-1/2 cents at USSS.IO-1/4. Traders attributed the strong close to good preweekend exporter shortcovering despite
      Reuter  -  137 words
  • Page 8 Advertisements
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  • FOCUS
    • 1715 9  -  China's refusal to sever relations with banned communist parties is an important reason for the absence of better ties with South-east Asian nations. Foreign Editor ASAD LATIF looks at the historical and ideological basis of these "party-to-party" relations and, in the second article,
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    • 738 9 IN AN IMPORTANT paper, China's Relations with Communist Countries and Parties, Tatsumi Oka be, professor of International Relations at Tokyo Metropolitan University, discusses the Marxist concept of international solidarity. The paper, which forms a chapter in a collection of essays by scholars entitled Internal and External Security
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  • Page 9 Advertisements
    • 110 9 For the company that moves ahead by thinking ahead ...the Northern Telecom Meridian SL-IST. Digital telecommunications of the future at your fingertips. Developed IMIMKAnONSfI rnMMMV with 30 to 400 line reI quirements. Able to grow as your needs grow. Get the complete FIIIIIK ***** l range of voice and data
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  • PERSPECTIVE
    • 1656 10  -  Regional Correspondent BRIAN GOMEZ, who visited South Australia recently, reports on the new mood of confidence that greets visitors to Adelaide. After many years of decline, the industrial sector is looking forward to robust growth while many high-tech companies are marching forward. BRIAN GOMEZ
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    • 582 10 SINGAPORE, which unlike Hongkong failed to get a mention in South Australia's five-year development plan, ie now the focue of a concerted "down under" sales pitch. Singapore is being targeted as a source of major investments and as a major export centre for
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    • 448 10 IN THE THREE YEARS tine* its establishment, Adelaide's Technology Park has been possibly the fastest growing facility of its kind in the world. Success did not come as a flash in the pan. South Australia's research tradition goes back to the late 1940s when topsecret
      448 words
    • 344 10 STANDARD Chartered Bank, one of 16 foreign banks to enter the Australian market in the last couple of years, is the only one with its headquarters in Adelaide. The South Australian state government wooed and won over Standard Chartered in a bid to
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  • Page 10 Advertisements
    • 25 10 w Public Lecture on Judicial Review Professor John Hart Ely Lee Kuan Yew Distinguished Visitor J ALL WELCOME ADMISSION FREE For enquiries please call: 772-2539,772-2303
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  • Page 10 Miscellaneous
    • 680 10 CRYPTIC PUZZLE ACROSS 1 He has a ring mark (5) 6 Character often drunk (5) 9 Run into the relatives of a rustic (7) 10 Pumping centre (5) 11 She has everything, I see. for a comeback (5) 12 Cricketer's union, we hear (5) 13 Shows how to make a
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  • THE ARTS
    • 683 11  -  SHAUN KOH IT DISREGARDS the borders that clearly define the genres of music and theatre. Yet this work has become one of the moet popular modern productions that this century has ever known. Westside Story, with music by American conductor and composer Leonard Bernstein and lyrics by Stephen
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    • 747 11 Second part of the Young Musicians on Sunday series VERSATILE percussionist Syed Ibrahim doss not bang dustbin lids as a vocation. In fact, mention children pounding drums and tambourinee with oblivious delight, in the local kindergarten, and you can almoet detect an agonised wince from
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    • 621 11  - The French connection emotional, vigorous abstract art By VANESSA LEE VISITORS to the Pavilion Intercontinental this and the following weeks may be forgiven if they think they are in Paris. Small wonder, for starting in the Art Affairs gallery and spilling into the lobby are 140 lithographs of 34 Parisian
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    • 706 11  -  CD Review By SHAUN KOH THE KMQ'S SINGERS Believe in Music. EMI CDC-7 ***** 2 (48 minutes). Category: Popular IN ENGLAND, at the outset of the groups career, a TV celebrity called them "the greatest thing to hit the London musical scene since the
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  • Page 11 Miscellaneous
    • 1162 11 TO GEE) aaBQQ 7.00 PM SBC Text Sample Pages. 7.30 Opening and Programme Highlights followed by First Abummi /1 JM* l« n rial Among cqvou \lqst •ptsoatj. A Oft Mb i imlnhl fr.rli-i_ri.tUj iIL •> o.ju rtwinfynT rn vaT?scrnon/ Transplants. 9.00 The Bolshoi Ballet In The Park (Sm highlights). 11.00
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    • 41 11 HOi>/ raF\CJCiE.«EJ-'TPvLK Hftve f\ oT p 000^^ T^p m.v KWi &ON'T hind IF i ix) E3J33 OBVIOUSLY NDOR u)|Fe HPfS OF ~hi€- OLD SRNiMG 'mpvN DOE-S NOT UVe, 6V J ORCf\D RLOsie.'.... 7 r Nil WFi ©Evenin® Standard Co.ltdJK?- 15«? .7444
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  • SPORTS & LEISURE
    • 337 12 UPI LAST YEAR'S PGA combatants. Bob Tway and Greg Norman, shot 3-undarvpar 69s last Saturday to share the lead with five other golfers after the twice-post-poned first round of the US$BOO,OOO Western Open Golf Tournament. Floods last week forced tournament officials to postpone
      UPI  -  337 words
    • 387 12  -  By WALTON MORAIS FITTINGLY, the Singapore Amateur Open golf championship ended as It began with high quality performances. As the three leaders Thaworn Wiratchant and Pasda Buranasiri of Thailand and Samson Gimson of Singapore raced to the wire, it was golf that won.
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    • 311 13 UPI JULIO CESAR CHAVEZ, undefeated in 54 fights, kept his World Boxing Council junior lightweight title last Friday night with an impressive 12-round decision over Danilo Cabrera. Chavez of Mexico won every round and left the Dominican challenger wobbly and bleeding to the delight
      UPI  -  311 words
    • 331 13 NYT IT WAS BILLED as Mark Breland's first real professional fight and it resulted in his first loss. Marlon Starling, an experienced welterweight thought to be a little past his prime, stunned the unbeaten Olympic hero with a left, right combination, then knocked out
      NYT  -  331 words
    • 331 13 UPI LINFORD CHRISTIE. Britain's best sprinter of modern times and one of the few genuine threats to Ben Johnson and Carl Lewis at this week's World Championships, limbered for the Rome meet by beating 100 metres record-holder Calvin Smith last Friday. The Briton
      UPI  -  331 words
    • 446 13  -  By CHERRIE HOLDER PLAYING CHICKEN on Singapore's main shipping lane and sailing through a quarter mile of oil slick only added to the excitement of 60 sailors in their quest to raise money for the National Kidney Foundation last weekend. The sailors, who
      446 words
    • 505 13 Reuter PAM SHRIVER finally got the best of fellow American Chris Evert last Saturday after a decade of trying and ousted the top seed from the semi-finals of the U*****,000 Player's Challenge Women's Tennis Tournament. < Shriver, the third seed, played the whipping winds at the
      Reuter  -  505 words
    • 266 13 Reuter BORIS BECKER and Stefan Edberg won easy victories last Saturday to advance to the final of the U*****,000 ATP Championships in Cincinnati. Edberg, the second seed, played almost perfect tennis in defeating fourth seed Jimmy Connors 6-2 6-3 and Becker, the third
      Reuter  -  266 words
  • Page 12 Advertisements
    • 968 12 id wim* €im DEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary
      968 words
    • 196 12 Complimentary Camus XO with Pine Court's sumptuous Beijing cuisine. For iunch and dinner, till August 30 1987 |H|/V1 With no set menus Sjfau to restrkt you, feast on all your favourite Pine Court dishes. Orders above $688: Complimentary Camus XO (700 ml) Orders above $488: Complimentary Camus XO (350m1) Orders
      196 words

  • Page 13 Advertisements
    • 243 13 entertain r So much to choose for only $16.50 A sumptuous spread with nxiny different types of appetisers, hot and cold soups, a salad selection superb pastries, truffles, tortes cheese board, fresh fruit.. freshly brewed coffee. All for $16.50. And for $26.50 you can add a roast or a choice
      243 words
    • 240 13 R Spectacular views from atop the world's tallest hotel. At the Restaurant, choose from Continental cuisine. Or unwind at the Bar with specialty cocktails and snacks. Restaurant: 12pm-2.30pm, 7pm- 11pm. Bar: 1 lam 2am. Seafood Buffet Lunch: Mon Fri. 70th Floor, Westin Stamford. Reservations: 338 8585 ext. ***** or 330
      240 words

  • MARKET REVIEWS
    • 5404 14  -  f 1 Singapore 9 By ROSIE TAN TRADING VOLUME shrivelled last week to one of the lowest levels this year as nervous investors hesitated over taking new positions. Turnover shrank further to a daily average of 30.47 million units worth $85.66 million
      5,404 words
    • 285 14 r VlAustraiia j AFP A STRONG industrial sector and a technical reaction among major miners dominated last «week's activity on the Australian Stock Exchange. According to Station Securities broking analyst Cameron Williams, mining stocks fell all week as they underwent correction from the previous week's high
      AFP  -  285 words
    • 760 14  -  Week ended Aug 21 compiled by JULIANA TAY SCRIP ISSUES Bonvests Hldgfc Proposed 43.54 m 6% unsecured loan stocks with warrants in the rotio of $1 loan stock for every 5 shares held at $1.70 per shore. CORPORATE DEVELOPMENTS The Stock Exchange of Singapore has
      760 words
    • 720 15  -  V— 1 fcmjl London From MICHAEL CLARK ANY LINGERING doubts the London stock market may have held about the Chancellor of the Exchequer's decision to raise interest rates by one per cent to 10 per cent earlier this month were finally dispelled last week
      720 words
    • 1120 15 L i J Hongkong m DBS Securities HK THE HONGKONG stock market underwent a severe correction last week. The Hang Seng Index plunged 104 points in four consecutive trading days before staging a late recovery to recoup some of the losses. At the close of the
      DBS Securities HK  -  1,120 words
    • 797 15 ew Y° r^ FT The AMERICAN stock market was riding for a fall last week. Everybody said so. But the fall, when it happened last Tuesday, was little more than a stumble. The Dow Jones Industrial Average, the collection of largecapitalisation stocks
      FT  -  797 words
    • 749 15 M K.Lumpur BEARS RETURNED in full force to the Kuala Lumpur stock market last week and sellers were unrelentless in their bid to rid themselves of their stockholdings. Share prices were forced sharply lower across the board. The bear raid was prominent earlier
      749 words
    • 144 15 AFP PROFIT-TAKING last Friday kept the Paris Bourse from maintaining early gains, and at the close, the Instantaneous Trend indicator was up by a mere 0.1 per cent, against 0.5 per cent earlier in the session. There were more rises than falls, but the losses were
      AFP  -  144 words
    • 246 15 NMB Bank AMSTERDAM last week focussed on the wealth of the half-year figures after the upheaval of the publisher takeover battle. The market was also affected by the renewed slide of the US dollar. The lower dollar saw the Index lose 12 points to
      NMB Bank  -  246 words
    • 400 15 r i Tokyo 4 AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) posted modest gains overall last week after early setbacks. The main 225-issue Nikkei stock average ended on 25,559 18 last Friday to notch up 64.47 on the week. The Composite index of
      AFP  -  400 words
    • 338 15 Reuter MANPOWER INC, the world s largest temporary employment agency, has accepted a US$l.32-billion takeover bid from Britain's Blue Arrow PLC. Manpower two weeks ago rejected as inadequate the British company's initial offer of US$75 a share or US$l.2l billion for its 16
      Reuter  -  338 words
    • 151 15 NYT FRENCH state-owned investment banking group Compagnie Financiere de Suez is hoping to raise a substantial amount of new capital when it is privatised at the beginning of October. The government has already agreed to a capital increase of "at least 5 per
      NYT  -  151 words
    • 197 15 NYT THE CHICAGO Mercantile Exchange has proposed an extension of the trading hours in its gold futures contract and has introduced an incentive plan to promote liquidity in the contract. The steps must be approved by the Commodity Futures Trading Commission, but the
      NYT  -  197 words


  • COMPANY NEWS
    • 596 16 SSTCXgCU OEI HONG LEONG is fast emerging as the whiz-kid of the stock market. His strategy for United Industrial Corporation is worth a closer look. In recent months UIC has been clearing out of its shareholdings in Singapore, Malaysian and Australian companies and moving aggressively into
      596 words
    • 556 16 Current Ex Books Dale TeM tor Total tor pflJfRMfll dm don PeyeWe tte yeer to* year Alex Hldgs 4% Sep 3 Sep 10 Sep 25 4%. 5% Botu Kawon 5%l Jul 31 Aug 14 Aug 28 5% 20% C K Tang 3% Jul 31 Aug 11 Aug 24
      556 words
    • 762 16 Three banks to enhance role in capital market CORPORATISATION, an idea toyed with by the local stockbroking community for the last three years, is expected to go full steam after the government announces next week the terms for three commercial banks to go
      762 words
    • 666 16 Bernama THE PREMIUM attached to the shares of a company listed on the Kuala Lumpur Stock Exchange (KLSE) commonly known as the quoted vehicle is 'absolute madness' and can be a major source of corruption in Malaysia. Mr Chooi Mun Sou, a
      Bernama  -  666 words
    • 182 16 Reuter EVERGO INDUSTRIAL Enterprise Ltd will continue to pursue its policy of strategic investments and expects to achieve steady growth. The company said in a statement that it has been able to take advantage of the booming Hongkong stock market and derive profits from the
      Reuter  -  182 words
    • 152 16 Reuter HANG SENG BANK Ltd, a 61.5 per cent-held unit of the Hongkong %nd Shanghai Banking Corp, said it will pay a final dividend of not less than 90 HK cents a share if the trend of profits is maintained. The bank earlier reported
      Reuter  -  152 words
    • COMPANY BRIEFS
      • 141 16 THE DIRECTOR General of Insurance has given the approval to Malaysian Assurance Alliance Bhd for its proposed acquisition of 29.5 million shares in MBf Finance Bhd. MAA said the share of 50 cents each to be acquired from Melewar Nominees Sdn Bhd will be satisfied by an
        141 words
    • 1115 16 As the Tokyo stockmarket starts to wobble, American and European investors are sniffing out other Pacific markets. Hongkong, Singapore and Malaysia look appealing. On some days, foreign institutions buy and sell more shares on these markets than domestic investors do. The Economist. IN THE EYES of foreign
      The Economist.  -  1,115 words
  • Page 16 Advertisements

  • WORLD MARKETS
    • 1005 17 New York Reuter THE DOW JONES Industrials chalked up its 54th record of the year and Wall Street ended a volatile week last Friday with only a slight gain in active trading. The broader market was almost unchanged from Thursday due to continued weakness in
      Reuter  -  1,005 words
    • 958 17 London Reuter SHARES ON THE London market last Friday began a modest afternoon rally with prices beginning to move up following last Friday's higher Wall Street opening and buying for the long threeweek bank holiday account beginning next Monday, dealers said. Last Friday's record high Wall Street
      Reuter  -  958 words
    • 174 17 r London L J Reuter INVESTORS and speculators are trading twice as much on the London Stock Exchange as they did before last October's so-called Big Bang opened up the market. But while Big Bang, by ending a system of fixed brokers' fees,
      Reuter  -  174 words
    • 1114 17 Amsterdam AUQ XI n* ABN 906 90 +1 Kaaon 98 10 04 Ahotd 108 SO 0 1 Akzo 179.80 3 3 Alrantt ***** 0.1 AMEV 18.30 0.1 Amro Bank. 88.00 unch Am Stad 123 20 0.7 14.80 0.3 80CS ***** 4.9 BoraufTMj 129 90 0 9 >roda. 80.90 -03 Calva
      1,114 words
    • 387 17 Reuter GOVERNMENT PLANS to sell about £7.5 billion worth of British Petroleum Co PLC shares in a record privatisation issue should succeed, in spite of recent upheavals in the UK equity market and unsteadiness in crude oil prices, brokerage analysts said. "I think it
      Reuter  -  387 words
    • 438 17 Reuter NOMURA SECURITIES Co Ltd. which makes its debut today as a trader in UK equities, says it has no intention of using its financial muscle to seize market share at any expense. Tony White, who heads Nomura's team of market-makers,
      Reuter  -  438 words
    • 588 17 1 Lisbon fc —A Reuter FINANCE MINISTER Miguel Cadilhe last month wrote a letter to 200 Portuguese companies encouraging them to apply for listings on the Lisbon and Oporto stock markets. But companies are already flocking to the stock exchanges witf new share issues and
      Reuter  -  588 words
    • 254 17 Reuter ELDERS FINANCE, a division of Elders IXL Ltd. is interested in buying a minority stake in either Union Bank of the Philippines or the Philippine Commercial International (PCI) Bank as part of a major thrust into the country. Banking sources said Elders Pica
      Reuter  -  254 words
  • Page 17 Advertisements
    • 569 17 NOTICES In The Matter of The Companies Act Cap 50 And In The Matter of ANANTALAXMI INVESTMENTS PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary Oeneral Meeting of the members of the abovenamed Company duly convened and held at 101 Cecil Street #19-10 19th Floor, Tong
      569 words
    • 570 17 HARDWARE PTE. LTD. (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of SHANGHAI LIAN WAH HARDWARE PTE. LTD. duly convened and held at 6001. Beach Road, #14-01, Golden Mile Tower, Singapore 0719 on the 20 day of August 1987, the following Special Resolutions were duly paseed:(1) "That
      570 words

  • 485 18  -  By WILLIAM CHIA FOREIGN WORKERS are already coming into Singapore in large numbers. Allowing them to be employed in the retail and services industry (where they sre currently excluded) would only increase the foreign workforce further, said Trade and Industry Minister Brigadier-General
    485 words
  • 346 18 BRIGADIER-GENERAL (Res) Lee Hsien Loong liked what he saw at a walkabout in the Kaki Bukit and Eunos constituencies yesterday. MP for Kaki Bukit. Chew Heng Chin, said his constituency has come a long way since 1960 when the first residents started to move in. They
    346 words
  • 435 18  -  By TONG SUIT CHEE AN INTERNATIONAL public relations consultancy has acquired Gibson Public Relations in Singapore and Hongkong, giving it a foothold in the Asian scene. UK-based Shandwick PLC, one of UK's largest public relations consultancy companies, is paying an initial $2.7 million for
    435 words
  • 226 18 Reuter SOUTH KOREA'S ruling party yesterday urged restraint in labour disputes sfter more than 2,000 workers kept an emotional overnight vigil by the body of a colleague killed on Saturday in a clash with police in the southern island of
    Reuter  -  226 words
  • 116 18 Bernama ABOUT 16,000 PEOPLE have been recruited as life members by the Malaysian Chinese Association (MCA) under a campaign to raise funds for the party, which is in debt to the tune of Mssl million. It managed to collect $1.6 million based on the $100
    Bernama  -  116 words
  • 207 18 ONE OF THE MOST formidable challenges facing doctors today is how they can remain humanistic in their work in a modern and highly competitive society, said President Wee Kim Wee yesterday. He expressed concern that doctors would have problems in
    207 words
  • 275 18 CONTRARY to what international unionists believe, privatisation has not resulted in mass retrenchment in Singapore, said Second Deputy Prime Minister Ong Teng Cheong yesterday. Mr Ong said in most countries privatisation was viewed as "evil" because it generally resulted in drastic changes in management, massive
    275 words
  • 78 18 Reuter OPPOSITION LEADER Juan Ponce Enrile is the Philippines' richest senator, according to a statement of assets quoted yesterday. In the statement filed before the Senate, the former defence minister declared assets worth US$l.75 million. He listed no liabilities. Mr Enrile, sacked from President Corazon
    Reuter  -  78 words
  • 288 18 VISAS will be needed by Indian nationals entering Singapore from Sep 14. According to a press statement from the Ministry of Home Affairs, a twoweek grace period will be allowed for those unable to get visas on time. It assured businessmen and "bona fide
    288 words
  • 304 18 AP WEAPONS shipments to communist rebels have increased this year, the Philippines military said, and Manila newspapers quoted a source yesterday at saying the Soviet Union may ba behind them. Military Chief of Staff Gen Fidel V Ramoe told reporters on Saturday
    AP  -  304 words
  • LATE FILE
    • 39 18 Bernama MALAYSIA was urged yntir<tay to provide more intormetion on palm oil to influence the US Cnngrees not to pass •ny Bill allowing Malaysian commodity to ba labelled as hazardous to haalth. Barnama
      Bernama  -  39 words
    • 53 18 Reuter A BRITISH nawapapar reportad yastarday that lereel ia davaloping a nuclear warhead tor a missile capable of reaching Arab capitals. The Observer weekly quoted intelligence sources in Washington as saying the warhead is being prepared for the Jericho II miaaila. a weapon whoee existence Israel
      Reuter  -  53 words
    • 27 18 AP PHILIPPINE labour groups plan proteels this week culminating in a nationwide strike againet governmentmandated fuel price increaees, union sources said yeeterday. AP
      AP  -  27 words
    • 47 18 Reuter THE US Defence Department denied yeeterday that e US military helicopter had craehed in the Qutf after the Iranian National News Agency Ima had reported that a US helicopter carrying eeverel reporters and photographers had come down in the area. Reuter
      Reuter  -  47 words
    • 53 18 AP SUDAN'S IS-month coalition government collapsed after ona of Its parties announced it was ending its alliance with Prime Minister Sadek el-Mahdi's Umma party, Egypt's state-run newspapers said yesterday. Government duties and policies would remain unchanged pending settlement of a disagreement over a candidate for the ruling
      AP  -  53 words
  • Page 18 Advertisements
    • 477 18 Win the Contract r Whether you are selling a product, a service, an idea or your organisation as a whole, let BUSINESS VIDEO PRODUCTION present your facts. And you can concentrate on the contract and GET IT! At BUSINESB VIDEO PRODUCTION, we have the unique combination of professional marketing and
      477 words

  • SHIPPING TIMES
    • 392 19  -  By G DURAIRAJ MAJOR management changes which will affect a number of senior managers and functional divisions are expected in Kontena Nasional. It is understood that its acting chairman, Mr Khalid Ibrahim, who is also the chief executive of Permodalan Nasional Berhad, which
      392 words
    • 147 19 AFP THE VOLUME of idle tankers and combination carriers fell during the past month to 15.24 million dwt, the lowest since June 1961. This is two million dwt lower than the June figure of 17.22 million dwt, the latest statistics from
      AFP  -  147 words
    • 143 19 Reuter THE ORGANISATION for Economic Cooperation and Development said 1986 was another disastrous year for the world's shipping industry, and that the prospect remains bleak. "The year 1986 was another disaster for world shipping," the OECO said in an annual report on seaborne transport.
      Reuter  -  143 words
    • PORTSIDES
      • 93 19 Reuter THE JAPAN Shipowners Association said it would extend seamen's war-risk pay from inside the Strait of Hormuz to cover sailings in the Gulf of Oman as well. Japanese seamen will receive war-risk pay when they sail into 25 degrees north latitude, 57 degrees east
        Reuter  -  93 words
      • 111 19 Seatrade Week THE KOREA Maritime and Ports Authority is considering amending existing legislation to allow South Korean shipowners greater freedom in chartering, buying and selling vessels without official intervention. Since the start of the 1964 Shipping Industry Rationalisation Plan, the KMPA has prohibited owners from
        Seatrade Week  -  111 words
      • 85 19 AN ADVANCED COURSE on port operations and management will be held at the French port of Le Havre from Oct 20 to Nov 27. The International Maritime Organisation-sponsored programme is intended for selected port officials occupying senior executive positions in developing countries. It seeks to examine
        85 words
    • 725 20 Seatrade IT MAKES NO DIFFERENCE how many new ship register alternatives come and go, the traditional open registry flags have no intention of stepping aside. In Panama s case, this may mean a further round of discounting and it may mean more determined
      Seatrade  -  725 words
    • 469 20 FT DEVONPORT DOCKYARD in Plymouth has announced that 3,400 workers are to lose their jobs over the next four years because of government cuts in the naval refitting programme. The announcement last Thursday came only four months after management of the dockyard was transferred from
      FT  -  469 words
    • 241 20  -  By KINGSLEY WOOD OSBORNE PARK, in Port Adelaide, is to be the building site for Australia's next generation of submarines. The Asloo-mill»on base would become the management and technological core of what would be the most complicated and sophisticated defence project in Australian history,
      241 words
    • 995 20 Aft Shpg V 5 ABC Container VM I Accord Shpg VI 3 Ahrenkiel liner XI I Africa Ocean XN 2 Alltrons VH 3 AC Toepfer IX 5 American Tpt XH 4/5 Anro Service IV 2/3 Arrow lines IV 3 Anon Ocean VI 3 Atlas line X 4
      995 words
    • 1259 20 INCREASED grain chartering is reported out of the US Gulf on Thursday, with two Panamax vessels said to have been arranged for voyages to Japan at US$l7.lO and $17.25, respectively, against a Baltic sub-index for this route of $17.233, ship brokers said. A large vessel is reported to
      1,259 words
    • 175 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping AMRO (STRAITS/ AUSTRALIA): Australian National Line Australia Straits Container
      175 words
    • 194 21 AN ORDER for four 2,000-TEU container ships worth Dm3oo million (US$l6O million) has been placed by Hamburg Sud. The West German owner has opted for local yard Flender Werft. A company spokesman says the order would not have gone to a German
      194 words
    • 423 21 Lloyd's List TWO OF NORWAY'S leading shipbrokers have called off talks aimed at creating a powerful new force in the industry. The abandonment of the proposed merger between R S Platou and P F Bassoe foundered on a growing realisation that the personality mix would
      Lloyd's List  -  423 words
    • 305 21 EIGHT European Community shipowners have complained to the European Commission that their freight rates are being unfairly undercut, in what is the first ever anti-dumping action attempted by the industry. The companies involved claim that the major South Korean line, Hyundai Merchant
      305 words
    • 753 21 BROKERS said the Malaysian state oil company, Petronas, had entered the market for a second-hand tanker of between 150,000 and 230,000 dwt built in 1976. The tanker will act as a storage vessel for its Dulang oilfield project. It requires delivery between May 1 and May 14, 1969. Elsewhere
      753 words
    • 115 21 AP PROTESTERS from the environmentalist group Greenpeace chained themselves last Saturday to the funnel of a ship they say is used to burn toxic chemical waste on the North Sea. The six protesters boarded the West German ship Vesta from a rubber dinghy as the ship
      AP  -  115 words
    • 223 21 CAPTAIN Hans J Rosenfeldt has been appointed managing director of CF Sharp Shipping Agencies in Singapore. He assumed the position on Aug 15 after having spent 15 years with a Middle-East agency group. In addition to being head of C F Sharp Shipping
      223 words
    • 7638 26 3®a3[D(!Eß 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
      7,638 words
    • 1994 28 Who acts for whom A B AB Shipping Boustead Shpg Agenciee. ABC Contalnerilne NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocmd Linos Seal ion Shpg (S). Ahsenkiel Linor Kim Shpg (S). Alfred C Toepfer Oceenua Shipping Agenciee (S) Multiport Sdn Bhd (PK). Alltrane Alltrane Express American
      1,994 words
    • 915 29 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movemant Ship Voy data/time Oparator cargo schedule Location P Pierce 132N 24 08 87 1800 NAPl F8 0600 0900/0900/1000 P2/I2 Tokyo Bridge 13/697 24 08 87 1800 Kowosoki F5A 0900-1000 C8 Totogo B 01/583 *****7 1900
      915 words
    • 409 29 AT CONVENTIONAL WHARVES VmmI Berth Arrival Dtpwlurt KEPPEL WHARVES AIS Endeovou K36 alongside 24 06/2300 Aries K34 alongside 24 06/2300 Builder III <23 alongside 2408/0700 Eostern Island <20 alongside 2408/0600 Honjiang <27 alongside 2608/2300 Koto Megah <31 alongside 2406/0600 Qing Yun <29 alongside 2508/2300 Sriwijaya <33 alongside
      409 words
    • 375 30 Reuter NEDLLOYD GROUP suffered a sharp downturn in its first half earnings. It incurred losses of 56 million guilders compared with a profit of 21.7 million in the first half of 1986. It blamed the sharp decline on the strong guilder which affected
      Reuter  -  375 words
    • 125 30 Reuter US WARSHIPS and four reflagged Kuwaiti tankers have begun a risky journey down the Gulf, hoping to avoid mines and pass safely by Iranian anti-ship missiles at the waterway's mouth. The Defence Department said three US warships and four Kuwaiti tankers, including
      Reuter  -  125 words
  • Page 19 Advertisements
    • 822 19 m #mji SHE HAD AIKJPIAn UT power, she SUBSTANCE needed love. SHE WANTED revenge. I A WOMAN OF SUBSTANCE *But what is ihc price she has paid? fj Jjk Available at all good bookshops WW/ OVEIQEAS Ctitoiml LINE SBSm smpfmc acemoo wy- vamom 200 Cl—» MtR2-05 SyrfniK. Snppn M 22U011
      822 words
    • 110 19 mm IT MAKES NO DIFFERENCE how many new ship register alternatives come and go, the traditional open registry flags, such as Panama's open register, have no intention of stepping aside. Pag« II TWO OF NORWAY'S leading shipbrokers have called off talks aimed at creating a powerful new force in the
      110 words
    • 1022 19 Hm S.E. Asia ■part the ••ftfoal West £i m m \\W?M nunc dangerous Available at all Good Bookshops <hr V 4 rm MAERSK LINE THE FAR EAST AND THE MEDITERRANEAN HAVE BEEN BROUGHT CLOSER TOGETHER BY MAERSK LINE Tf*» wee* AxU M Closing Time CY ?6/8 2300 HRS CFS 26*
      1,022 words

  • Page 20 Advertisements
    • 490 20 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 Malaysia son. bhd. TLX: ***** MTM Frt. Booking contact Miss Gan VSL PT. of LOG DATES PT. KL KARYATIS Rostock Sailed ELEFTHCRIA II Immingham Sailed V CURE Luebeck-Hamburg Sailed V TIN Szczecin-Rostock Sailed PAMISES Bremen-Hamburg Sailed TBN Bremen-Mull *-4/9 1/1 TON Ijmuiden-Hamburg-Santander 24-3/9 4/1
      490 words
    • 19 20 Lines and services represented by -Members of the Registry of Accredited f? Shipping Agents. Singapore National U Shipping Association.
      19 words
    • 458 20 C SAV Corrpjr .i Si,dArr.cr cjr.i do '.sec:- s S A DIRECT SERVICE TO/FROM CHILE FEEDER VESSEL I S POKE I MOTHER VESSEL HK ARICA KJQ AHTOf VALP SAI OSAKA BAY HI VELA* 4(11 Ml 17/11 Ml UOl BREMEN EXPRESS 12/1 CAR CARRIER 3MI 201 LARCS BAT m TWT H/»
      458 words

  • Page 21 Advertisements
    • 869 21 The Straits Steamship Group Mansfield Container Shipping PteLtd i STRAITS SHIPPING Singapore to Sabeh, Sarawak, Brunei Ports and Bangkok raocLm P&O Containers Limited Tm** :ir a.^T;yiKi:;n j.i»l PEGASUS PROGRESS PEGASUS PtOUt ESS BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 Ml,'! 01-fm; ISf.l if-V/j.wj.l'l-Kt'iilJ RAJAM BROOKE BINTANG SERIA* KRIS BELELA VI7E
      869 words
    • 611 21 EUROPE/MED wr it i «F 782 VF 713 128.M IF 714 llZ.ll HAD EE 7N In. 17 EE 711 113 81 EE 711 |2tJI 71! III! 11. I 111 l ULHIJUI M M.M lIN 08 18 08 M II 08 HJO M 15.88 ;l 1. It! I >1 LUL General
      611 words

  • Page 22 Advertisements
    • 327 22 CONTAINERSHIP SERVICE TO UK CONTINENT ALL UK INLAND OCSTINATtONS. BELFAST. OUBLIN COPENHAGEN. AAAHUS. GOTHENBURG. HALHO. HELSINKI, OSLO. AMSTERDAM CAJMKAN l S. AMERICA CONV SEMI CONTAINER SERVICE TO EUROPE STORE H BURG RDAM A'WERP IMMtNGKAM RS TIANJIN lift 12/1* mO 20/10 lt/10 RS DALIAN 15/ M 11/11 NfU I*ll 15/11 CONV
      327 words
    • 896 22 3 FULLY CONTAINERISED SERVICE [TO fUROPE VIA SUf 01 th ,ff KOREAN JACEJIN «M 2911 CHINA CONTAINER 41* 3/9 NEPTUNE CRYSTAL 41W 10/9 HONCKONC CONTAINER UN 17/9 TRANSWORLD MIOGE SW 24/9 LaHavra R'dam i *19 i in m 2219 2119 2919 4/10 6/10 11/10 13/10 Fltaaw M'kurf R'havan 1719 19/9
      896 words
    • 487 22 Arrow Line^ D S'PORE/COLOMBO/S. AFRICA ■\I Ii'*! .*11: m: ua f S'PORE/BENGAL/E. AFRICA VSL SPORE CHITTAGONG CHALNA L AFRICAN POUTS ARROW DUKE/2 11/9 25/9 23/9 12-29/10 ARROW QUEEN/3 22/10 29/10 27/10 7-21/11 E AFRICAN PORTS CALL: MAHE^KMBASA/DARES-SALAAM BOTH SERVICES CAPABLE OF HANDLING CONTAINERS •r CONVENTIONAL HEAVY LIFT AND BULK LIQUID
      487 words
    • 1172 22 OEVERGREEN Round-The-World East Bound (FF/CARIB USEC/EURO F-F nkc «c uc m m TK EVU GUIOE'EVER GROWTH In Pari 2M 3M IN EVER LIVING 1/1 7/1 EVER GIANT/EVER GENIUS l/l 12/1 140 2*) EVER GLORY/EVER GREET IV* 1M H/1 S/l EVER UNKING M I)It Mi 1/11 UN CNS NTC BAL HBC
      1,172 words

  • Page 23 Advertisements
    • 940 23 x PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE L >AHIT WA TA SINGA *MUR MURORAN (HOKKAIDO) *HTC HITACHI INDONESIA CONTAINER SERVICE RATANA BHUM SEA ORAQOM SEA DRAGON BANGKOK CONTAINER SERVICE VOY SIN SBY SMG SIN BLW PEN 1731 Sid Sid
      940 words
    • 805 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTIN^NT Bay To*« Ciprm i*p «n Noni»oni tipr CjrApn by Tolap by Ufl ISA Wi an an vn UU l/W MO l/M M/M IMO n/M aw am via am 1/11 mi MI 12/11 um B HAVEN MM* 17M UM on on an an
      805 words
    • 532 23 DJASAGETRI A Joint Europe Service Of: P.T. OJAKARTA LLOYD P.T. 6ESWI LLOYB P.T. SAMWERA MOORESIA P.T. TMKOU LLOYB EXPRESS SEMI CONTMNERSNIP SERVICES SINGAPORE TO EOROPE VESSEL/VOY L. J. BONTANG/12WB OCEAN PRIMA^WB PALEMBANG/7WB MATARAM/19WB CAUDA GAMA/19WB ANTWERP BILBAO BREMEN ADAM/RDAM HBURG 27/0 1/10 5/10 10/10 14/10 24/10 20/10 31/10 20/10 24/
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    • 344 23 BOUSTEAD SHIPPING AGENCIES W BURMA FIVE STAR Ifia SHIPPING CORPORATE I (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok HTONEYWA V22SW 21/22 Auf PAGAN VII7W 27/2? Aut PA-AN VII4W 5/7 Sept *2» BANK LINE i EXPRESS SEMI-CONTAINER SERV NORTHBOUND TO UKC SPORE ROAM HULL TAUSALA SAMOA V.ION 25/8
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  • Page 24 Advertisements
    • 976 24 K"LinE SHIPPiriG-DflTfi ATLARTIC COAST (Round-The-World Service) 0. FREEDOM VIS 0. FAITH V 4 NYC HFX 3 Oct 7 Oct 10 Oct 14 Oct PACIFIC SDUTH-IiJEST FEEDER VSL 0. FREEDOM VIS 0. FAITH V 4 LA/LB OAK •RK/PNG SP MOTHER VSL LA/LB OAK CMICAI Sid 28 Aug 6.W. BRIDGE W 20
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    • 233 24 Accepting LCL and containerised cargoas Direct to South Africa NEDLLOYD COLOMBO 3630F OSAKA MARU 3735f HAYAKAWA MARU 3433G S. A. VAAL 3S3IG C Town Durban SW SM 27/1 m Jmtdm JARDINE SHIPPING AGENCIES (REG. 242K4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE OzM M: *****11 TELEX NO: RS ***** TERMINAL/CFS
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    • 719 24 '/l€ AUSTRALIA EXPRESS CONTAINER SERVICE AccapWng FCL/FCL Container* Fwt* P Kd»og Imar law S pan 11Mb Frwi Syto Aho Aaapts "CHANtMDAS" 121 10 S«pt St* 4 Oct 2 Oct AtM/Brs "KABIROAS" <Jt S Oct 20 Oct 21 Oct 27 Oct AM/Brs INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Support P.Krim
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    • 730 24 GOLDEN LINE GUAM GUAM SHPPM6 (Tit) LTD 21 T«M »r*> SM tmtmm tiM m uuw <» iid) Fix 90S J STRAITS/PERSIAN GULF SCRVICE: Sport P KetoncPw. 001OCN BEAR Cotomto/Karacta/Oiitoi 24/75 Auf GOiDCN HARVEST Cotombo/KjradH/Musot/Dutw 11/12 Sept CHINA SERVICE A VESSEL SiwntfMi/HankMf 2&71 Auf CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S
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    • 461 24 UJ'.JJ I I. MH -ill DOHA. MUSCAT. BAHRA AMI DNAM A SHARJAH. USA SERVICE 27H. Hi SAN FRANCISCO OARLANO LOS ANG&ES. LOW KAC CHTCAGO KANSAS CfTY MM MUM r>HILI-Oni€NT LIN€S PT€ LTD "!A3 Cff Ct 63 ROB ASCN POA; C '2 AS A BUHOINj S HGAPOPf CUU* PS 787?3 PM'I
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  • Page 25 Advertisements
    • 1173 25 NEPTUNE AGENCIES PTE LTD TwMMt crs man *****s Ft EU/AUST TPA/SEA 2TBS7S3 2T***** own 2798U6 Z7WS rmm \\NEPTUNE ORIENT LINES LTD Ml EAST/1 NEPIINE SON. MO. 3MSB7 NEPIINE SOW BHD XI4BO iwjuimu imm nepiine son BHD omswrnnnmnnm NEPtINE SON. BNO 2MBM(IMC K JACEJIN Ml C CONTAINER LC BRIOGE SM N
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    • 422 25 A OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON 1 S POBf ACfNTS NCPTUNE AMNCifS PT{ ITO t#' rz?7510 721 MC (Optnt'OM) V 3*t 7 2XM* (Tit.-J'l 2W4SO (crsi MALAYSIA JOINTS TUNAS SfTiA SON BHD *i T.i «o* T P» T t JMM.r
      422 words
    • 720 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Linee) Terminal Office- *****41/2 CaWeMOreu SINSOV SINGAPORE We. Numbers RS 2130RS mrT^M NTS HANBUNC SYSTEM CO SON BHD !yK&&E»"!7.2ra5 «e BSfEKSBBMr-- KSfcsM&R. T* 33W71/3ZIBI Th: MA «814 "FEBLOS" T* 03 23t3<7«37 teteßk *****
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    • 17 25 MIJ: i i Also accepts LCL/FCL to other destns. SINGAPORE TEL 2NSU (IS LINES) MNGKOK TEL 2SMM-S
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  • Page 26 Advertisements
    • 348 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 (30 Lines. FAX *****39 *****76 TILLX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTF R ACHT/SE EREEDE R E I R >ST( INTEGRATED FULL CONTAINER SERVICE •VIA COLOMBO: Accepting cargo for INDIA Bombay. Codun Madras ""VIA LARNACA: Accepting
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  • Page 27 Advertisements
    • 263 27 miME CAUUS fW PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 242 KM WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER i nn !i;.MKvW!U.'I !'I.M I'.W.VM V.l MTHR VSL JUT LA WW* N DELFT rrrt rrr T~> OTHER DESTINATIONS: AARHUS, AMSTERDAM,
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    • 290 27 CONTAINER LINE DAILY ACCEPTING LCL/FCL TO:K TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY Z7/B 29/8 ABIDJAN, LOME V 9 419 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA n <: I PORT TO DOOR DELY: PT. KELANG TO KOTA KINABALU IN CONTR SYS MAC-NELS AGENCIES PTE Tsl:
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  • Page 28 Advertisements
    • 176 28 THE NATIONAL SHIPPING COMPANY OP SAUDI ARABIA H".':wu QC2I IW:mkwiw UwMM IllL 1 JEDOAH 14 SEP 81 OCT 23 OCT REGULAR RO-RO SERVICE TO UBA/CANAOA NEW ORLEANS rwi}: i: iv 11: i V.I'MH ens m n.i.rv.miiMr.tM IW.-iKMiW" rrza S. DItIYAOHFEA 030 Alm AccaptiflfFCL Container* for Cfcarloston, Miami, Tampa and US
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    • 489 28 ra j i MM: lIM H SMIIM'IN(. I'l l I II) 1 Shenfon Wi, |J O.T Mif n H u S TI »S 1 M! f L'Nf rei EUROPE SERVICE > i nnrr'ar JM IV) .S FAR EAST SERVICE 3 I ■S IS im 13* MIDDLE EAST GULF SERVICE 3
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    • 404 28 Z I M FULL CONTAINER SERVICE accepting FCL/LCL cirmt to USA East A West Coast, Caribbean, East Canada, HAITI, Port Au Spain, Barbados N. ST. LUCIA. ZIM SPORC Ml BRISBANE ACCEPTING CARGO TO ADCIAIOC VIA MELBOURNE AND ALSO FCI TO CO AM N I FCL T* EnripMn mS Mrtarrman Portj
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    • 564 28 (j COMPANIA PERUANA A NjSA 01 VAPORES 9 "PERUVIAN STATE LINE" 5 A' load"* tw-C«Uao, *»taram, to tnd aM other Ptruvian ports with transMpment at Q Kobe Of Yokohama on CPY Through Bril ol Lading to final destination JK Panang* P. Kelan( MURRAYEVERETT JOHNEVERETT THOMASE VERETT Singapore run Aug 3/4
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  • Page 29 Advertisements
    • 288 29 Hamburg West Germany Tiger Line vor sin calcutta madras chittaconc PRELUDE 23 SID 27-21 AUG 30-31 AUG LOTTE SCMEEL 24 31 AUG M SEPT 12-13 SEPT PRELUDE H SEPT 12-14 SEPT LOTTE SCMEEL 25 19 SEPT 25-21 SEPT 31 OCT PRELUDE 2 20 SEPT 2S-2I SEPT Ceawon Carrier Feeder Service
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    • 212 29 PERCH OCEAN LINES (Perfect China Ocnn Shipping Lines) Destinations: CHINA SERVICES Etd. S PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI t OTHER PORTS WEEKLY SAILINGS 1.. CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOUIS AUSTRALIA COLOMBO HONGKONG BANGKOK KEE/KAO USA (MEMBER OF THE PRESS GROUP) WEEKLY CONSOL
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    • 171 29 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA General Agents Nrintt* Lint Pt» LI 19 Keppel Road Jit Poh BWg Singapore 0206 Tef *****33 Tlx. ***** a/b pt asia (5) HANLIM SHIPPING CO.. LTD. REGULAR UNER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME Korean Sapphire S pore LDG FOR 15-20/9
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    • 532 29 JEST TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA VOY VIA fttDtß FELIXSTOWE ROTTERDAM W» inaacsisM OUTBOUND TO MEDITERRANEAN SPORE I MARSEILLES I BARCELONA I ALEXANDRIA! BEIRUT I LATTARIA R#*jy »t aiartatMa* OUTBOUND TO W AFRICA INBOUND FROM EUROPE/FOR FAR EAST PORTS
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    • 351 29 linn MARITIME TRANSPORT MANAGEMENT PTE LTD MEGAN BROOKE NO 1 LIAN SENG HIN NO 3 ELEFTHERIA II MERCHANT PRELUDE MARY CLARE LOG Far Kucfctng, LUCKY SEAWAY SERV'Ct S PTE LTD RED SEA/MEDITERRANEAN SERVICES SGf> KUANJAN FOR •RUAHA BIT. 1«0 sfl 9fl Sfcamhai Haini TONG JIANG 15fl »St HuaJK Will call
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  • Page 30 Advertisements
    • 394 30 FARGO SHIPPING COMPANY (PTE) LTD REGUIAR EXPRESS FULL CONTAINER AND LCI SERVICE INBOUND AGENT FOR ABC CONTAINERIZE From USA/Canada/Europ*/M«ditorran«an Vsl C. VEROLME TNT EXPRESS E. HUDIG mpnmrri S/9, 1/10. 25/10. 17/11 21/1, 12/9. 23/9, 10/10 •Accepting FCL and LCL Fremantle. Melbourne, Sydney, Auckland, Dunedin Antwerp, Rotterdam, Hamburg, Rostock 200 Cantonment
      394 words
    • 997 30 Egyptian International Shipping Company »».«i SERVING CMIECT TO/fPOM ROUT SUEZ, ALEXANDRIA, AND ROUT SAID BY EGYPTIAN FLAG VESSEIS IwttTBOUNO TO EGYPT ~"fYlUiNDf' Vl4l *ta WOM m amp n WIS I BOUW TO tBTrT "PYRAMIOS *141 ETA SPOM 20 SEP (7 M.V. -m£" V 142 ETA MOM 1t SEP 17 ACCEPTING
      997 words
    • 476 30 AMERICAN TRANSPORT LINES, INC. AmTVans. TEXAS RAINBOW CANADIAN RAINBOW NEW YORK RAINBOW A VESSEL TEXAS RAINBOW SPORE 13/9-14/9 6/10-7/10 31/10-1/11 19/11-20/11 8/12-9/12 TAMPICO 23/10 16/11 10/12 29/12 18/1 ACCEPTING CARGO TO ATLANTA. SAVANNAH, BALTIMORE, WAN. TAMPA. OTHER U.S. EAST COAST FONTS ON REQUEST. ALSO ACCEPTINC CARGO TO CENTRAL/SOUTH AMERICA CRISTOtAL.
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  • Page 30 Miscellaneous
    • 178 30 i Regional Weather pfi tt < ft k s V E^n C "W s r M <> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. b^' Wmd direction with speed m knots Wove height LEGEND R Thunderstorm Temperature A, V Shower Weather Wmd direction with speed m knots
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