The Business Times, 31 August 1987

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, AUGUST 31, 1987 75 CENTS
    11 words
  • 684 1  -  Keppel subsidiary expects net after-tax profit of $4.5 m By NAJEEB JARHOM HOT ON THE HEELS of Jurong Shipyard's record-shattering public share offer, Keppel Corp's marine-based subsidiary. Singmarine Industries Ltd, is offering 35 million 50-cent shares at $1.30 each from tomorrow till Sep
    684 words
  • 605 1  -  By ALVM TAY, r Banking Correspondent THE GENERAL provision tot aside by finance companies for doubtful debts will be increased from the existing norm of one per cent of total loans to at least 1.5 per cent by year-end. The prudent
    605 words
  • 114 1 UPI ISRAEL'S cabinet voted yesterday to halt the over-budget Lavi jet fighter project, adopting a compromise proposal of leftwing Foreign Minlater Shimon Peree, Israel Radio reported. The state-run radio said government ministers voted by a narrow 12-11 margin to adopt Mr Peree'
    UPI  -  114 words
  • 105 1 UPI INDONESIA has decided to begin artificial rain-making to oopa with a crop-threat-ening drought Junior miniatar for food crop# Wardoyo aaid ctoudaaading will aoon bag in over the Jatlluhur reservoir tfi Ttmi Jivt, wnicn is in# main source of irrigation water for about 240.000 hectares of
    UPI  -  105 words
  • 455 1 Reuter THE HEAD of Malaysia's main opposition party yesterday called for a meeting of political leaders to defuse what he termed unprecedented racial tension. In a statement released on the eve of celebrations marking 30 years of independence from Britain,
    Reuter  -  455 words
  • 532 1  -  By LOH HUI YIN PLANS BY Nomura Securities, the world's largest brokerage, to launch a fund in Singapore to invest in local equities have been put on hold until uncertainties in tax treatment are cleared up. Nomura Securities of Japan was initially
    532 words
  • 90 1 UPI BLACK minsworkers agrNd yesterday to end South Africa's biggest wage strike and return to crippled goW and coal pits after a three-week stoppage, management said. The settlement of the costly and violent strike was announced by the Chamber of Mines. Chamber
    UPI  -  90 words
  • Page 1 Advertisements
    • 306 1 Need a housing loan? Way i( x 737-7977 |Trj Wa\ foong Mortgage And Finance (S) Ltd JV A wholly-owned subsidiary of Hongkongßank 6 CUymore Hiß #03-01 Ctovmofe Pl«7a Singapore 0*22 IN SINGAPORE, the traditional way of making curry puffs is by hand. That is, until a man with a lot
      306 words
    • 330 1 not i drag on KL oconomy, Pago 4 B Malaysia: a birthday caka Mg anough for ai, Pago 10 QCMDB SOUTH KOREA'S export-oriented cor industry has suffered serious setbacks after five weeks of nationwide labour strikes, with car exports faffing far below protected levels. ASIA-PACIFIC, Page 4 A NEW FIGHT
      330 words
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  • MANAGEMENT
    • 1142 2  -  In Singapore, the traditional way of making curry puffs, those delectable pastry snacks with a spicy, meat and potato filling, is by hand. That is, until a man with a lot of imagination and guts set off to find a machine that can
      1,142 words
    • 748 2 FT ANY VISITOR to Budapest cannot fail to ba struck by the difference between the Hungary he seee and his received image of Eastern Europe. The shops ars full of consumer goods, and the msrkets abundant with an astounding variety of vegetables, fruit snd meet. The vsriety
      FT  -  748 words
    • 591 2  -  1 pjil I ■gflßall iMHHM ■y BOEY KIT YIM WAGE REFORM negotiations are underway, but many companiee, including small businesses, are still grappling with the concept. This could be due to ignorance of what wage reform is about. An observer noticed that
      591 words
    • 220 2 AFTER six weeks of Keen competition. 72 out of 115 "companies" have qualified for round two of the National Management Game organised by the Singapore Institute of Management. ICL (S) and Business Times. The best performance "company" at the end of six
      220 words
    • 982 3 NYT AS CAMPUSES GO. the Hartford Business School in Paris is rather compressed: some classrooms, a couple of offices, a magazine reading room and a bank of computers that glow greenly morning and night. Even so, it is a risky, expensive investment for the
      NYT  -  982 words
    • 1086 3  -  By ANNA TEO THE MANAGERS and supervisors seem happy enough. Why, only last month, all gave their vote of support for the new company policy. It's the other 700 employees that got the Chief balding with despair. The office staff and
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    • 861 3 FT THE MOOD inside Nissan's UK car plant at Washington, Tyna and Waar, is one of such deadly earnest that it comee ss little surprise to find sttendance lists displayed, identifying absentees of a particular work section by name and by the dates on which
      FT  -  861 words
  • Page 2 Advertisements
    • 48 2 1988 s '^nfo r 171 i e and ,n or* ev< £gS&& Kg# HSTSfS r-" 1,:.*/- v *81 Cort* w.A^a^ n W^S° os r tiC( ~.w.hft«f*s s da h Kgfe®®"'' n \cA^^ :o=2sr o eed s i o*e^ oVe****** coo^ ■T$S& Co^P®^ p&to&z ißos* 0 98 p\« w—
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    • 302 2 The Allen Manager's Seminar pT November 2 6, 1987 Fee: Ssl6oo (SIM Members)/SslBoo (Non-members) I (Fee includes participant's workbook and seminar materials) A highly participative, results-oriented, five-day seminar thai covers every activity essential to the improvement of management performance. Over 300,000 managers have taken part, many of whom are now
      302 words

  • Page 3 Advertisements
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    • 164 3 There are two ways to ensure a successful meeting... Use a pen. Useaphone. Call the Hilton Meeting Makers The surest way to guarantee a successful meeting is to pick up a phone and dial the professionals the Hilton Meeting Makers. They're a team of specialists, from the sales and banquet
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  • ASIA-PACIFIC
    • 567 4 Reuter THE UNITED STATES should stop pressing its major trading partners to further appreciate their currencies as a way of cutting its huge trade deficits, Taiwan's Economic Minister said on Saturday. "The US pressure has proved ineffective to cut its trade deficits with
      Reuter  -  567 words
    • 308 4 AFP SOME TAIWANESE exporters have contracted out labour-inten-sive production work in China, the mass-circulation United Daily News said in Taipei on Saturday. Most of the estimated 20 to 30 Taiwan firms involved are in the textile business, the paper said, adding that the owners
      AFP  -  308 words
    • 329 4 Bernama ES MEASURES to "indigenise" management and ownership of foreign enterprises under the New Economic Policy (NEP) does not harm Malaysia's attraction as an investment centre, according to a lecturer of the National University of Singapore, Dr Willaim AStoever. "Such efforts are also
      Bernama ES  -  329 words
    • 274 4 AFP THE WORLD Bank remains optimistic that the Philippines will enjoy an economic turnaround, in spite of the attempted coup and ensuing chaos in that country, a bank official said. The Bank last month published a report saying: "The Philippine economy has started on its
      AFP  -  274 words
    • 220 4 UPI ACCORDING to a report by the US State Department ol Finance. South-east Asian refugees are still pouring into California, more than 10 years after the end of the Vietnam War. The department, in a report released Friday, said an estimated 33,800 Southeast
      UPI  -  220 words
    • 427 4 AP SOUTH KOREA'S export-oriented car industry has suffered serious setbacks after five weeks of nationwide labour atrikes, with car exports falling far below projected levels. The country's top three carmakers aaid they doubted they could reach their annual export targets because
      AP  -  427 words
    • 238 4 Reuter PRIME MINISTER Yaauhiro Nakasone said on Saturday that Japan must find ways to adjust economic and sacurity problems. Mr Nakasone, who steps down in October after five years in office, waa speaking at a seminar of the ruling Liberal Democratic Party (LOP) held at the
      Reuter  -  238 words
    • 247 4 Superiority of socialism not yet apparent Deng AP CHINA'* senior leader Deng Xiaoping said on Saturday the superiority of socialism over capitalism in China would not become apparent until the middle of the next century. China has a three-step plan to become "a medi-um-developed country", the state-run Xinhua New» Agency
      AP  -  247 words
    • 157 4 AP A SENIOR United Nations Environment Programme (UNEP) official on Friday lauded China, a nation with "every single problem of the environment", for leading the developing world in confronting mounting threats to its natural surroundings. UNEP executive director M K Tolba said China is one of
      AP  -  157 words
    • 824 4 ARRIVALS Operator Swvtw number Local Hnw From StA SQ43 0803 DHA/80M MAS MH681 0820 KUL MAS MH811 0910 re* MAS MH671 0920 KUL SiA SQ103 0950 KUL CPA CX710 1015 CGK (U ***** 1100 IWN GtA GA960 1100 CGK SIA SQ105 1105 KUL SU SO 201 1145
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  • Page 4 Advertisements
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      98 words
    • 9 4 A birthday caka trig •nough for all, Paga 10
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    • 34 4 The business person's choice. every Tuesdoy, Thursday, Saturday ond Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow eorly the following morning Call your Travel Agent or Air Canoda at *****55 AIR CANADA®
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  • Page 4 Miscellaneous
    • 35 4 TIME, ABSOLUTELY DUKE. NCREPtBLE... BY GARRY TRUDEAU I MEAN, YOUR BEING HERB IN HAITI! AMP LOOKING SO HULL J MEAN, CONSIDERING THAT, YOU KNOW... x I MEAN, W/5 IS f sZ&CXb MRP T0... I T0...
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    • 71 4 A Singapore Bahroin Bangkok Barbados OUTLOOK: tkowors OWf MVtftl If M( la (•port for 24 hours prior to 7.30pm on Aug 30 at IUMaN Mo ndh... Itl J Rainy iayi Ma Mh... II Ooor Ctoor Hazo Cloudy Cloudy Ooar Oowdy Cloudy Now DoM Now York Nicosia Oslo Porta forth Rio
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  • REST OF THE WORLD
    • 479 5 AP PRESIDENT RONALD REAGAN ityt the US and the Soviet Union are close to an agreement on the elimination of intermedi-ate-range nuclear missiles. But Mr Reagan said last Saturday that while he was optimistic about chances of a superpower accord on these ground-launched
      AP  -  479 words
    • 170 5 AFP THE THINNING of the ozone layer does not teem to be a result of atomic explosions, scientists at a research facility on the mysterious atmospheric phenome- non in Punta Arenas, Chile, said. There is no evidence on which to base a
      AFP  -  170 words
    • 311 5 Reuter THIRD WORLD countries would be disappointed if they expected a bonanza in foreign aid as a result of cuts in military spending by industrialised nations, the UN delegate of Singapore said last week. Funds freed would be used rather to enhance development in
      Reuter  -  311 words
    • 475 5 Reuter JUST AS AN uneasy truce has cooled hostilities between US and Japanese carmakers, a new fight is brewing over imported car parts that the American industry claims is closing plants and costing jobs. Japan has voluntarily limited car exports to
      Reuter  -  475 words
    • 185 5 AFP CANADIAN RAIL WORKERS reluctantly began returning to work last Saturday, 12 hours after the passage of emergency legislation ordering an end to their nationwide walk-out. Officials of the country's two major railroads, CP Rail and Canadian National, said the return to work
      AFP  -  185 words
    • 530 5 FT THE EUROPEAN audio industry was thrown into disarray last Friday by the surprise decision of Sony, the Japanese electronics group, to launch a revolutionary new sound system in Europe in October. Other large consumer electronics groups are now likely to follow Sony's lead
      FT  -  530 words
    • 138 5 AFP "lUXLW FXS" was the banquet's first course. And for desert, how about some "cofec affei cedte eetea dinat edaxx?" "Actually, we're a pack of lunatics." explained Richard Mesirov, an organiser of the American Cryptogram Association's convention in Philadelphia during the weekend.
      AFP  -  138 words
    • 61 5 Reuter JOURNALISTS AND COOKS have the shortest lives and artists and priests the longest, said a Soviet newspaper yesterday. Moskovskaya Pravda was reporting on a new health centre in Moscow which will study ways of improving the diet. "It is interesting that journalists and cooks have the shortest
      Reuter  -  61 words
  • Page 5 Advertisements
    • 202 5 "We need a computer that grows with us ...painlessly." I N m T V im j. NCR Computers Our incremental architecture lets you add power without disruption Managing business growth is a 24-hour a day job. You can't afford the disruptions usually caused by computer growth. Disruptions like: Installing replacement
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  • MONEY AND EXCHANGES
    • 465 6 NYT THE TENOR of the US Treasury market continued to be very negative last Friday with bond prices falling half a point or more. Securities dealers said they had been confronted with moderate to strong selling activity by investors and speculators in the last few
      NYT  -  465 words
    • 132 6 Reuter GUARDS FIRED INTO THE AIR to disperse demonstrators who tried to break into Lebanon's central bank last week in protest against the fall in the Lebanese pound, witnesses said: Scores of young men also ram- paged the city's Hamra thoroughfare, smashing windows and
      Reuter  -  132 words
    • 1500 6 Union Bank of Switzerland AFP ZURICH: The US dollar managed to find an emergency exit on its nose-dive As expected, this manoeuvre involved the use of rhetoric and intervention. Spectacular verbal fireworks complemented well-measured doses of dollar support buying by the Bank of Japan. Statements by Miyazawa, Bangemann,
      Union Bank of Switzerland; AFP  -  1,500 words
    • 263 6 Government securities market Source: OCBC THE SINGAPORE government Securities market was fairly active for most part of the week. Attention was focussed on the five-year note maturing 15.5.92. Some possible short-covering and buying interest pushed prices higher. The May 1992 note, which opened at $100.8292. rose
      Source:; OCBC  -  263 words
    • 478 6 Indicates the average of the prima landing rata* of 12 major banks In Singapore PLR of bonks at the dot* of business on Friday, Aug 28 as supplied by the Association of Ranks in Singapore. BANK PLR Algemene Bank 6% Allied Irish Bonk PLC 6% American Express
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    • 32 6 The range of call rates for the week ended Saturday, August 29: Rank fund 2.5 2.8 G«n fund 2 3 Movtfflflntt of funds M$ 1,834m Source: Short Deposits (M) Bhd
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    • 355 6 Gold Financial futures Green Collier Bullion AT NEW YORK S Commodity Exchange last Friday, precious gold slipped further in dull featureless trading to settle at U*****.10 an ounce, down about $4 over the previous week's close. The dearth of fresh factors prompted most traders to be sidelined. Analysts said that
      Green & Collier Bullion  -  355 words
    • 206 6 Asian market ASIAN CURRENCY deposit rotes for < ended Aug 28 average fhe week US S High RICES Low 7 doyi 1 montft 2 imjmtu 3 momfa 6 9 n»tm#n 12 nmittn 6 13/16 7 7 1/16 7 1/16 7 5/16 7 9/16 7 7/8 6 5/8 6 11/16 6
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  • Page 6 Advertisements
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      309 words
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  • BANKING AND FINANCE
    • 361 7 AFP THE COMMUNICATIONS BANK of China, in the first such issue of its Kind, has began offering stocks worth 100 million yuan (US$27 million) to enterprises, the New China News Agency (NCNA) said. "This is the first time for China to issue hanking stock,"
      AFP  -  361 words
    • 571 7 Reuter BUNDESBANK vice-president Helmut Schlesinger said international economic cooperation had its limits and individual countries must retain economic policy autonomy. In remarks prepared for delivery to the International Institute of Public Finance in Paris, he said cooperation over fiscal and monetary measures
      Reuter  -  571 words
    • 172 7 Reuter THIRD WORLD countries are indirectly financing the huge US budget deficit with interest payments on loans, according to West German central bank president Karl Otto Poehl. "Every dollar they pay in interest to an American bank effectively is export of capital to
      Reuter  -  172 words
    • 173 7 NYT THE SECURITY Pacific Corp has said that it would combine its Asian branch offices with those operated by the Rainier Bancorp, creating the second-largest American banking network in the Pacific rim. The consolidation is one of several steps planned by Security Pacific when
      NYT  -  173 words
    • 611 7 Bid to raise USslo.Bb in rescue money NYT THE US FEDERAL HOME Loan Bank board on Friday formally created a new entity called the Financing Corp to serve as the vehicle for replenishing the insolvent fund that insures deposits at the nation's savings
      NYT  -  611 words
    • 676 7 Reuter ITALY'S half point rise in its discount rats generated mixed reaction, with soms analysts saying it was a negative signal to the market but others seeing it as simply s technicality following the increase in tax on Treasury bonds. The Treasury announced
      Reuter  -  676 words
    • 158 7 Reuter OVERSEAS borrowings by local and foreign banks in Taipei are showing signs of rising this month because of the rise of the Taiwan dollar. A central bank official said borrowinga were expected to rise to more than US$ll billion by end-August from US$lO billion
      Reuter  -  158 words
    • 269 7 Reuter LOAN LOSS provisions ate sharply into first-half earnings of Saudi Arabia's joint-venture banks and uncertainty over the kingdom's still sluggish economy led to a further steep decline in lending. Bankers in the region said that full 1967 earnings at several
      Reuter  -  269 words
    • 189 7 AFP SOVIET CITIZENS will be able to pay their rents and telephone subscriptions via direct debit from their bank accounts, and even receive their salary in hard currency, if a planned banking reform is effected. According to the new chief of the Soviet Savings and
      AFP  -  189 words
    • 63 7 Reuter BRAZIL is seeking to extend US$l5 billion worth of short-term commercial and interbank debts due to be repaid today by 120 days. Central Bank president Fernando Milliet said the request went out to creditors last Wednesday, and that he would visit New York in the second
      Reuter  -  63 words
  • Page 7 Advertisements
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  • COMMODITIES
    • 1121 8 AFP CURRENCY GYRATIONS incited commodity traders to caution last week as activity diminished ahead of the long British bank holiday weekend. Repeated central bank intervention kept the dollar on a fairly even keel despite the shock of a record second-quarter US budget deficit, while sterling
      AFP  -  1,121 words
    • 370 8 AFP INDONESIA and the Philippines are joining Malaysia to fight a US campaign to label palm oil a health hazard, according to Primary Industries Minister Lim Keng Yaik during the weekend. The two countries hinted last
      AFP  -  370 words
    • 317 8 Reuter TWO MAJOR US farm groups have threatened to drop the public relations firm Hill and Knowlton because they say its work for the Malaysian government is against the interests of the American farmer. The American Soybean Association (ASA) and the National Sunflower
      Reuter  -  317 words
    • 339 8 CRUDE palm oil futures closed lower last week with spot month September falling Msll to Ms72o a tonne. Trading on the Kuala Lumpur Commodity Exchange last week was fairly active on strong buying interest with turnover for the week down to 1,856 lots from 2,428 lots. The market
      339 words
    • 81 8 SOYBEAN futures in Chicago extended early losses to close last Friday four to 7% US cents lower in modest trading. November settled 6% cents lower at US$5 07%. Prices eased ahead of the weekend amid long liquidation ahead of First Notice Day today. Early modest losses were extended late
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    • 85 8 WHEAT futures in Chicago closed two to 5V4 US cents lower in moderately light trading last Friday, with September off two cents at U552.76% a bushel. eased ahead of the weekend on commission house selling. A weak tone in other grain pits led the way down, and liquidation ahead
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    • 171 8 Chinese Produce Exchange S#|ltn' noon dosing pricss on August 29 (SS/100 kg) Coconut oil Bulk FOB 95.00 OM drum FOB 105.00 N«w drum FOB 109.00 Copra Mix*d (Ioom) 56 sol Ion Pepper FOB NtW 1192-50 Sarawak whHt FOB foq NIW 1177.50 Sarawak tp«dal block FOB NIW 935.00 Sarawak
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    • 197 8 Bernama THE MALAYSIAN rubber market rose again last week with September Int One RSS increasing two Malaysian cents to 265.50 cents a kg over the previous Friday's close. The market opened last Monday on lacklustre trading due to a lack of fresh leads. Moet operators were unwilling to take
      Bernama  -  197 words
    • 324 8 London Commodity Exchange Buyor/Sollor dosing prices on Aug 28 (£/tonne ur lira specified). Previous doting pric porenfhesH. •t in Coffee loth in-ifoce London, Mitort option OF London Sop 1297/1298 (1300/1305) High/Low 1310/1295 Nov 1338/1339 (1335/1336) High/Low 1348/1327 Solet (5516) Cocoa s*p 1256/1258 (1267/1270) High/Low 1269/1256 Dm 1299/1300 (1307/1308)
      324 words
    • 125 8 THE TIN PRICE at the Kuala Lumpur Tin. Market closed 14 Malaysian cents higher at M 516.93 a kg last week. The four-day trading week saw a turnover of 511 tonnes from 597 tonnes the previous week. Values rose seven cents on the first day in fairly active
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  • Page 8 Advertisements
    • 360 8 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. *50 PURSUANT TO SECTION 290(2) (b) AND IN THE MATTER OF WALSIN INVESTMENTS CO. PTE. LTD. At an Extraordinary General Meeting of the above named Company duty convened and held at 6001 Beach Road. #12-01 12-11 Golden Mile Tower, Singapore 0719
      360 words
    • 371 8 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STAR ASIA PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of Star Asia Pte Ltd duly convened and held at 101 Cecil Street, #24-02 Tong Eng Building, Singapore 0106 on 28th
      371 words
    • 367 8 THE COMPANIES ACT, CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION ORIENTAL SEAWINDS LINER-AGENCY PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ORIENTAL SEAWINDS LINER-AGENCY PTE LTD held on the 21st day of August 1987, the following special resolutions were duly passed: RESOLVED THAT: (I)That the Company
      367 words
    • 386 8 ■1 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND BISHOP MERCHANDISE PTE LTD (IN VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Companies Act. Cap. 50 that a Final Meeting of the Members of the abovenamed Company will be held
      386 words
    • 411 8 THE COMPANIES ACT CAP. SO ASSOTEC ENGINEERING PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 113 Whitley Road, Singapore 1129 on the 28th day of August 1987, the special resolution set out below was duly passed:RESOLVED:
      411 words
    • 419 8 KENNEDY DONKIN CONSULTANTS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL GENERAL MEETING (Pursuant to Section 306(1)) NOTICE IS HEREBY GIVEN in pursuance to Section 308 (1) of the Companies Act. Cap. 50. that a general meeting of the above named company will be held at 9 Penang Road
      419 words

  • PERSPECTIVE
    • 1082 9  -  By PAUL A SAMUELSON NYT TIME WAS WHEN all eyes were on Scandinavia and its middle way. Marquis Child's book on "Sweden: The Middle Way" was a bestseller for some years after its publication in the *****. When Lincoln Steffens went to the
      NYT  -  1,082 words
    • 851 9 Despite the soaring trade deficits, America has many things going for her a large and dynamic economy, a unique dollar, etc. But, warns economist LEONARD SILK, these cannot be taken for granted for too long. NYT THE SWELLING of the
      NYT  -  851 words
  • Page 9 Advertisements
    • 175 9 This announcement appears as a matter of record only w OVERSEAS UNION ENTERPRISE LIMITED *****,000,000 Note Issuance Facility Arranged and Managed by Overseas Union Bank Limited Underwriting Group Overseas Union Bank Limited DBS Bank United Overseas Bank Limited Asia Commercial Bank Limited Oversea-Chinese Banking Corporation Limited Banquelndosuez Bank of China
      175 words
    • 125 9 This advertisement appears as a matter of record only. August 1987 $0F OVERSEAS UNION ENTERPRISE LIMITED (Incorporated in the Republic of Singapore) 5575,000,000 6% Per Cent. Guaranteed Bonds Due 1994 Unconditionally and irrevocably guaranteed as to payment of principal, premium (if any) and interest The Dai-lchi Kangyo Bank, Limited (Kabushiki
      125 words
  • Page 9 Miscellaneous

  • FOCUS
    • 1712 10  -  Malaysia's Independence Day today is an occasion for happiness, but of the sort that is tinged with some anxiety as ethnic questions again threaten to come to the forefront. In the following articles, Foreign Editor ASAD LATIF examines some of the issues
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    • 692 10 AMONG the many threats to Malaysian polity listed in the preceding article is Islamisation. This deserves separate treatment because it is perceived as the single largest component of the ethnic threat to Malaysia's multiracial identity. There are two ways of looking at the Islamic resurgence in Malaysia.
      692 words
  • Page 10 Advertisements
    • 665 10 t CONTINENTAL ILLINOIS CORPORATION And Subsidiaries Indudirta And Subsidiaries Including k CONTINENTAL BANK 231 South La Salle Street, Chicago Illinois ***** Consolidated Statement of Income Year ended December 31 (USSin million# 1 MM Interest Income Loans 1,770.0 Investment securities Taxable 144.6 Tax-exempt 24.3 Trading account assets 32.3 Interest-bearing deposits 205.2
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  • Page 10 Miscellaneous
    • 648 10 mmmm CRYPTIC PUZZLE ACROSS 1 Vital statistical centre (5) 6 Reason for a bend in a box (5) 9 Sweet fellow (7) 10 She shows a warm heart when Ken's around (5) 11 Form of spire seen at the seaside (5) 12 Not really wet figure in a film (5)
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  • THE ARTS
    • 614 11  -  SHAUN KOH IT HAS all the makings of a grand affair. And I, for one, can't wait for Saturday evening to draw around when the spotlight falls on three young talented musicians. The works they will perform will be familiar and exciting. Besides, there
      614 words
    • 678 11 YOU DON'T HAVE to be a buff to appreciate baroque music. Contrary to the sometimesheld view that it's rhythmically repetitive, tuneless, without emotion in short, a cobweb of awfully complicated interweaving lines that only the musician's mind can untangle in real
      678 words
    • 509 11  -  By VANESSA LEE OVER THE YEARS, there has emerged a dynamic spirit in the annual UOB Painting of the Year competitions a fact which was not missed by the artists and familiar figures of the local art fraternity invited to attend the last week's
      509 words
  • Page 11 Advertisements
    • 837 11 BANQUE WORMS HMd Office 45. boulMnl Hausamann, ***** Para Tel (1) *****010 Tele* BWOR 210 895 F Telefax (1) 42 6604 72 Singapore Brandt: 50 Raffles Place. *16-01 #1606 She! Tower. Singapore 0104 Tel *****33 Wax RS ***** BWORSB Telefax (065) *****36 Consolidated Balance Sheet M at 31, December 1986
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  • Page 11 Miscellaneous
    • 1141 11 TOOKBBaOQS) Wd 7.00 PM SBC Text Sample Page*. 7.30 Opening and Progromme Highlights followed by The Paper Chase The Graduation Year: Mistaken Identity. 8.2Q Coming Attractions. 8.30 Newsnight. 9.00 Ballet For All Ballet Comes to Britain (r). 9.25 The Beggar's Opera (r, See highlights). 11.40 News. 12.00 AM Close. 2.30
      1,141 words

  • SPORTS & LEISURE
    • 605 12  -  By VANESSA LEE FOR TWO HOURS each day. since 1981, Whang Tar Choung. chairman and managing director of the Lam Soon group, picks up his paint brush and switches from policy-making to making pictures. "I've been a Sunday
      605 words
    • 552 13  -  By CHERRIE HOLDER KELLY CHAN held off a late charge by Chua Tan Ching to win the Kent Funboard series and a ticket to Thailand at the East Coast Saling Centre yesterday. Chua, who was lying seven points behind Kelly on
      552 words
    • 146 13 Bernama TOP MALAYSIAN RIDER Tai Seng Kooi's expected duel with defending champion Fabian Looi of Singapore in the Penang Grand Prix's motorcycle event today will be the only spark in a tournament devoid of "foreign" participation. Four days ago, the Automobile Association of
      Bernama  -  146 words
    • 482 13  -  By BRIAN MILLER IF YOU'RE ONE of those who likes to plan ahead and if you're already on the look-out for a good thing in October's Lion City Cup race, then here's a bit of advice. Don't look beyond Mokari Fighter. The youngster did his
      482 words
    • 531 13  -  By WALTON MORAIS AFTER ENDING the five-year unbeaten reign of national tennis champion Mahader Hassan, Tan Ah Peng could not find the reserves to grab destiny when it beckoned in the Pesta Sukan final, allowing Liu Wai Yaw to claw back into the
      531 words
    • 333 13  -  by Walton Morais WITH A NEW course record in the Warren Open yesterday, Samson Gimson moved to within one championship of equalling M Murugiah's record nine wins last season. The 23-year-old fired a one-under-par 69 at Warren's remodelled course to claim the record and collect
      333 words
    • 97 13 UPI CURTIS STRANGE continued his fine putting before faltering with a closing bogey. but his 2-under-par 68 on Saturday secured a two-shot advantage over Davis Love after three rounds of the US$BOO,OOO NEC world series in Ohio. Strange, with rounds of 70, 66 and 68. was
      UPI  -  97 words
  • Page 12 Advertisements
    • 888 12 > DEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats tor 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 bowl of
      888 words
    • 288 12 Singapore Airlines and Mandarin Singapore present ASIAN GOURMCT rcsnvAL 27 August to September 13 1987 A one-stop tour of the food, fashion and culture of seven countries. At The Mandarin Hotel Reception Hall (sth floor, South Wing). Special performances Malaysia: August 30 to September 1 Traditional music and dances. Lucky
      288 words

  • Page 13 Advertisements
    • 225 13 V I mo li m is in 3® »y >■ Every second's on-the-house! The Fountain Lounge is flowing with the good times. Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottle purchasers pay just half the price There's no happier time
      225 words
    • 206 13 BAR Enjoy the 3 hour Happy Hour. Mon Fri, spm Bpm. 25% off all drinks. Complimentary hors d'oeuvres. Darts and backgammon available. TheWestin Plaza Raffles City 2 Stamford Road. Singapore 0617. WfcSTIN Hotels Resorts THE PEOPLE AND PLACES Of WESTIN. MAGICALLY HYATT I+l 1 1 1 1 When guests order
      206 words
    • 289 13 SOUTH EAST ASIA DEVELOPMENT CORPORATION BERHAD (INCORPORATED IN MALAYSIA) HALF YEARLY REPORT TO STOCKHOLDERS COVERING ACCOUNTS TO JULY 31, 1987 Your Directors arc pleased to announce the unaudited results of the operations of the Company and of the Group for the half year ended July 31, 1987 as follows:- ompan\
      289 words

  • MARKET REVIEWS
    • 5437 14  -  W Singapore P By ROSIE TAN LAST WEEK the market proved once again that it would be psychologically hard to zoom past the 1,500 on the Straits Times Industrial Index and sustain it above that level. The buying mood which started on Monday
      5,437 words
    • 377 14 K.Lumpur SHARE PRICES on the Kuala Lumpur stock market rebounded in the early part of last week after the bear raid earlier in the month. But trading became listlees again on Thursday and Friday and the overall market closed with only small gains.
      377 words
    • 220 14 AFP THE AUSTRALIAN share market was strong throughout the week with a heavy inflow ot offshore funds and a positive psychological outlook pushing stocks up across the boards. Station Securities's analyst Cameron Williama said the market wanted to go up and there was nothing to stop it.
      AFP  -  220 words
    • 578 14  -  Week ended Aug 28 compiled by JULIANA TAY CORPORATE DEVELOPMENTS THE STOCK EXCHANGE of Singapore is introducing its revised delivery ond settlement system on Sep 7 without its Kuala Lumpur counterpart. The revised commission scheme has been tentatively fixed for Sep 14. THE NEXT HEARING
      578 words
    • 785 15  -  r— 1 London A From MICHAEL CLARK UNDERWRITING big takeover bids has become a high-risk business on the London stock market as a number of agitated fund managers found to their cost last week. It appears most of the big institutions have decided
      785 words
    • 230 15 NMB Bank Securities STOCK PRICES in Amsterdam slid last week, with the ANP/CBS General Index losing five points to 320. Daily volume subsided to about 600 million florins. In addition to the lower US dollar and Wall Street's lacklustre performance, the Dutch market was
      NMB Bank Securities  -  230 words
    • 1106 15 Jump in turnover indicates return of institutional buyers K I Hongkong y DBS Securities HK THE HONGKONG stock market continued its technical correction last Monday, losing 55 points to a low of 3,391.26. A stable dollar, better-than-expected corporate results and strong arbitrage
      DBS Securities HK  -  1,106 words
    • 800 15 I New York FT IS THIS THE WAY the world ends not with a bang, but a whimper? Despite the best-selling predictions of all the gloom and doom mongers, it never looked very probable that the great bull market of the 1980s would simply
      FT  -  800 words
    • 232 15 UBS THE ZURICH stock market opened the week in lacklustre trading, with prices just holding up. A slight improvement was seen on Wednesday, although the market was still suffering from a weak dollar. The second half of the week saw a renewal of interest in some
      UBS  -  232 words
    • 299 15 ~m\ M Tokyo pj j AFP INVESTORS, encouraged by increasing signs of recovery in the Japanese economy, went on a buying spree on the Tokyo Stock Exchange last week, sending the Nikkei Average to a new record. The mild fluctuation of the
      AFP  -  299 words

  • Page 15 Advertisements
    • 66 15 LcfITUS iS 56 Backed by 30 ymn of axpcrtano* TOKYO BUSINESS PACKAGE from 1699 Choice of airlines hotels KEK) PLAZA (Inter- continental hotel chain) SUNSHINE-CITY PRINCE (Including breakfast) H FOR DETAILED ENQUIRIES 16 Raffles Quay 81-36/37 Hong Leong Bldg *****77 TRAVEL TA 062 TRADER VIC'S i>f S,/;/ f r,vici>n> lit
      66 words
    • 242 15 FIRST ISSUE 5 SEPTEMBER 1987. SUBSCRIBE NOW! FILL IN SOMEONE OVERSEAS ABOUT SINGAPORE. I m > it WEEKLY OVERSEAS EDITION M.CHP) No. 222.8 S 7 SATURDAY, SEPTEMBER 5. I*7 V i\AyjV ->>> The Straits Times Overseas Weekly. It's the new weekly newspaper, printed on lightweight paper in convenient tabloid size.
      242 words

  • COMPANY NEWS
    • 496 16 mm™ f By HOCK LOCK SIEW ALONG WITH the two official equity markets in Singapore, the third and unofficial grey market in Singapore took a breather at the end of last week. Activity in yet to be listed Jurong Shipyard dried
      By HOCK LOCK SIEW  -  496 words
    • 609 16  -  Bank looks set to improve on its recovery By NAJEEB JARHOM TAT LEE BANK'S strong return to the profit growth path last year has continued into this year's first half. Group unaudited net profit after tax, diminution in assets value and allocations
      609 words
    • 474 16 BANK OF COMMERCE (BCB) aims to expand its range of services in the specialised areas of corporate banking, money market and foreign exchange and the financing of international trade. This is in line with the group's objective of playing a more active role in promoting
      474 words
    • 648 16 MBT MALAYSIAN Deputy Agriculture Minister Datuk Alex Lee and hit family holding company Irex have further reduced their stakes in Roxy Electric Industries (M) to 23.7 per cent from 32.7 per cent in July. Datuk Lee haa informed Roxy that
      MBT  -  648 words
    • 255 16 THE AUDIT committee, a relatively new concept in Singapore, ie faat gaining acceptance by Hated and unlisted companies as well as statutory boards. It is understood that listed British-America Tobacco (S) and Telecoms are two such organisations that have each set up an audit committee. As
      255 words
    • 211 16 MBT ABDUL RASHID bin Hj Mohamad Hussein and Chue Ma Yu of atockbroking house Raahid Hussein Securities have jointly purchaaed 3.396 million shares or a 10 per cent stake in Unilite. Madumas, incorporated in Malayaia, which is 70 per cent owned by Kimea (which
      MBT  -  211 words
    • COMPANY BRIEFS
      • 93 16 AMBASSADOR HOLDINGS Ltd recorded a group pretax loss of $1.33 million in the six months ended June 1967 against a loss of $1.07 million in the previous corresponding period. Loss per share rose to 17.4 cents from 14.7 cents. Thanks to extraordinary gains of $2.86
        93 words
      • 56 16 KEMAYAN OIL PALM Bhd registered a group pre-tax profit of M 55.19 million in the year ended May 31. 1987, againat $5 99 million previously. Attributable profita stood at $3.82 million ($4.77 million). A first and final dividend of 1.5 epr cent leaa tax will be paid
        56 words
  • Page 16 Advertisements
    • 285 16 it *1 m -ft TAT LEE BANK LIMITED To All Shareholders (Incorporated In the Republic of Singapore) ANNOUNCEMENT The Board of Directors is pleased to announce the unaudited results for six months ended 30 June 1987: (A) Unaudited nat profit for tha six months aftar providing for taxation, diminution in
      285 words
    • 356 16 WE HAVE EXCELLENT CONTACTS WITH ONGC INDIA. IF YOU WISH TO SUPPLY TO ONGC PLEASE LET US HAVE YOUR DETAILED PROPOSAL. SINGAPORE FAX *****60. TLX NO. RS ***** WIRANA #04-14 AFRO ASIA BUILDING. 63 ROBINSON ROAD, OR BOMBAY TEL NOS *****46, *****8 MR R. POLLAR 27 ARYAN MAHAL "C ROAD.
      356 words

  • WORLD MARKETS
    • 1059 17 New York Reuter WALL STREET was ambushed last Friday by profit-takars worried by a persistent decline in the dollar and the riae above nine per cent in bond yields. Pear that higher interest rates could detour cash from stocks to bonds and that a weaker
      Reuter  -  1,059 words
    • 949 17 r Reuter EQUITIES STOOD mixed in late trading $n the London market laat Friday. It, «owever, showed a slightly firmer bias |>h the back of shortcoverings with tlealers noting low volume ahead of ]he long holiday weekend and next Greek's UK balance of payments data. Operators were
      Reuter  -  949 words
    • 1251 17 Amsterdam MM M U A8N SOBO 01 93 80 -3 1 AhoM KM 40 0.4 Akzo 175 00 uncti 14*70 unch AMCV 62 00 -1.2 Amro Bank OS .20 -03 Am Stad 122 10 -09 14.90 -09 BOLS 153 00 130 unef) Buahrman Tafl •roda «2 50 0 5 970
      1,251 words
    • 184 17 NYT DUN BRADSTREET Corp has expanded its AC Nielsen market-research operations by acquiring Information Resources Inc. a test-marketing company. Information Resources will be acquired in a stock swap that values the company at US$572 million. Shareholders of Information Resources will receive 0.5064 shares of Dun Bradstreet
      NYT  -  184 words
    • 159 17 AFP N M ROTHSCHILD and Sons merchant bank, which is in charge of the privatisation of the remaining government holding in British Petroleum (almost 31.5 per cent), has said that the holding and the £1.5 billion worth of new shares will be offered at a fixed
      AFP  -  159 words
    • 439 17 NYT rHE INTERNATIONAL Buaineaa Machines Corp has eeeentially ended Ha financial ratationahip with tha total Corp by aalling 5.0 million aharaa of stock in tha company that it haa held since lata 1962. IBM aoM tha block to Salomon Brothara Inc. which in
      NYT  -  439 words
  • Page 17 Advertisements
    • 1095 17 SV.PHMO liVsk ISTITUTO BANCARIO SAN PAOLO DI TORINO Head Office: Turin, Italy. Singapore Branch: 20 Collyer Quay, #14-01/02, Tung Centre, Singapore 0104. Consolidated Balance Sheet Consolidated Statement of Income Assets December 31 Cash and doe from banks Investment securities Debt securities Certificates of deposit and acceptances Trading account Loans Banks
      1,095 words

  • 578 18  -  By SOH TIANG KENG, i, Financial Correspondent THE ECONOMIC RECOVERY hu added more zip to the I if* insurance industry, which recorded impressive growth during the first quarter of this year. Lateat statiatics from the Monetary Authority of Singapore ahow that total sums insured for
    578 words
  • 129 18 THE WHITE PAPER on defence adopted by the Japanese Government on Friday is "fresh proof of the Japanese leadership's determination to remilitarise", the Soviet party daily Pravd* said in Moecow on Sunday. The White Paper proposed a response to a "growing
    129 words
  • 517 18  -  By GOH YEE LING MINORITY COMMUNITIES must have leaders who project themselves not as communal leaders, but rather as national leaders. Parliamentary Secretary (Trade Industry) Sidek bin Saniff said yesterday. Speaking on the "Rote of minorities in a multi-racial democracy" at a National Day seminar at
    517 words
  • 90 18 AFP CHINESE PRESIDENT Li Xiannian has said that Vietnam had no right to put forward any conditions for a political settlement to the Cambodian conflict. "Vietnam, the aggressor in Kampuchea, has no right to put forward any conditions for a political settlement,"
    AFP  -  90 words
  • 150 18 UPI THAILAND yesterday expelled British national and held a West German in connection with alleged spying for the Soviet Union. An immigration police official in Bangkok said Geoffrey John Higginson, 33. identified as former British security official, was expelled for "endangering national security" and visa
    UPI  -  150 words
  • 356 18 WHEN PARLIAMENT sits today. House Leader Wong Kan Seng will be asking it to endorse changes to proceedings. The propoeed changes were recommended by the nine-mem-ber Standing Orders Committee, chaired by the Speaker Dr Yeoh Ghim Seng, two weeks ago. Among
    356 words
  • 290 18 THE JAPANESE, with their strong yen, remained the impetus behind the Singapore tourism industry's growth in June. The number of Japanese who visited Singapore in June was 40,167, a jump of 46.7 per cent from that a year ago, according to figures
    290 words
  • 322 18 Reuter CHINA yesterday attacked the US news magazine Time for "deliberately" suggesting that the chaotic Cultural Revolution in which thousands died might be repeated. The New China News Agency accused Time of not having a serious attitude in dealing with a
    Reuter  -  322 words
  • 202 18 Reuter PRESIDENT Corazon Aquino vowed yesterday to crush any new coup attempt and said rebel troops hed tried to kill her and her family during an assault on the Presidential Palac« on Friday. "The aim was ctearly to kill the president and
    Reuter  -  202 words
  • 219 18 AFP OPPOSITION LEADER Juan Ponce Enrile ysstsrdsy cams under firs from s cross-section of Filipinos for his silence during Fridsy's failed coup attempt led by his formsr right-hand man. Ths formsr dsfsncs minister and now senator, rsplying live to telephone questions on rsdio. maintained that hs
    AFP  -  219 words
  • LATE FILE
    • 64 18 Reuter NEW YORK financier Ivan Boesky. iwiitinj itnttnci in the US for illegal insider trading, haa offered information to British authorities investigating the country's biggest takeover battle The Obaerver newspaper aaid yesterday that Boesky waa ready to testify on alleged irregularities in the success
      Reuter  -  64 words
    • 34 18 Router MUSLIM rellgioue leaders are demanding the cancellation of the first Miss Pateetine beauty contest in Arab East Jerusalem. During eermons at Friday prayera, preachers denounced the planned event. Router
      Router  -  34 words
    • 34 18 AFP THE Fijian army has approached tha French government for military aid. Military laadar Sitivani Rabuka said yastarday that Via request mdudad money to heip develop a naval t>asa. AFP
      AFP  -  34 words
    • 34 18 AFP POLICE undercover sgents yaatarday arraatad India's two most wanted Sikh militants. Officials said Harpndar Bingh Jinda and Satnam Singh Baba were held after a gun battle in Dekii. AFP
      AFP  -  34 words
    • 39 18 UPI IRAQ yeeterday aaid it hit a tanker in the Gulf and Iran said it would start long-range shelling while s convoy of re-flagged Kuwaiti tankers and US warahipa aailad through the Gulf. UPf
      UPI  -  39 words
    • 33 18 Bernama MALAYSIA will review the country's liberal policy on me import of vegetspiss to protect the local vegetable induatry, said Deputy Agriculture Minister Datuk Alex Lee yesterday. Bernama
      Bernama  -  33 words
    • 32 18 Reuter njnMtn nucrear Tscnntcian Mordechai Vanunu went on trial in Jeruealem yeeterday amid tight security on charges of betraying larael'e atomic secrets to a British newspeper. Reuter
      Reuter  -  32 words
  • Page 18 Advertisements
    • 265 18 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Aussfe food group, Goodman Fielder, gains entry into Cerebos. 2. The 'poor' non-executive director —BT looks into the hidden dangers of being one. 3. Is Wall Street
      265 words
    • 0 18
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    • 190 18 V Introducing PLUS BDARDFAX •TTTJ 3 M i I I See it at: I Asia Print '87 9—12 Sept. '87 World Trade Centre Booth X 9 Copyboard 1 Now, here's an electronic copyboard that can provide you with almost instant copies c. you've written or pasted on its board. At
      190 words

  • SHIPPING TIMES
    • 501 19  -  By JUNE LIM NIPPON YUSEN KAISHA is making an all-out effort to boost its share in the trans-Pa-cific trade from this region. The Japanese company, which currently commands less than one per cent of the total shipment out of Singapore, has set itself a target of
      501 words
    • 251 19 THAI EXPORTERS or foreign buyer* may end up paying an extra US$lOO per TEU should the Port Authority of Thailand press ahead with plans to use mobile cranes at Klong Toey. Bangkok Post reported that a number of shipping companies were considering
      251 words
    • PORTSIDES
      • 40 19 Reuter THE HONGKONG/CALCUTTA and Bangladesh freight conference said it would raise the Chittagong congestion surcharge to 15 per cent from 10 per cent, effective Sep 5, in view of an aggravation of berthing delays there. Reuter
        Reuter  -  40 words
      • 130 19 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan conference said it had raised the currency adjustment factor (CAF) on shipments from Hongkong to India and Pakistan to 45 per cent from 40.5 per cent, effective yesterday. A similar change will be applied to shipments from Hongkong to the Gulf ports not covered
        Reuter  -  130 words
      • 74 19 Reuter DOCKWORKERS in the Canary Island port of Tenerife ended a two-week-old partial strike last Thursday after reaching a pay agreement with shipping companies. A port authority spokesman said employers accepted demands fonan 8.3 per cent wage increase and the 900 dockworkers, who had worked
        Reuter  -  74 words
      • 131 19 Reuter A DANGEROUS CHEMICAL is leaking from an Italian freighter which sank off the Central Yugoslav coast three years ago. The Brigita Montanaro was carrying tanks filled with vinyl chloride monomer when it sank in the Sibenik Archipelago and the chemical had appeared on the
        Reuter  -  131 words
    • 382 20 Reuter THE UNITED ARAB EMIRATES (UAE), its port traffic hit by recent mine scares, is urging insurance companies to scrap new war risk insurance premiums, according to a senior port official. Roger Saunders, Fujairah port's director-general, said last week that the extra
      Reuter  -  382 words
    • 593 20 UPI THE LAYING of mines and air attacks on shipping in the Gulf and the Gulf of Oman during the Iran-Iraq war has caused a huge increase in shipping at the ancient Red Sea port city of Jeddah. In ancient times a tiny port,
      UPI  -  593 words
    • 252 20 AMERICAN PRESIDENT Lines will double the size of its Oakland terminal by expanding into the adjacent space once occupied by United States Lines. The move was sanctioned by the US Bankruptcy Court in New York. Court approval was required since US Lines is under the protection
      252 words
    • 271 20 Reuter TANKER LOSSES in the IraqIran war resulted in a sharp rise in total shipping tonnage recorded as lost in 1986, Lloyd's Register of Shipping said. A total of 265 ships was lost last year, the smallest figure since the
      Reuter  -  271 words
    • 982 20 AB Shpg V 5 ABC Container VIII I Accord Shpg VI 3 Ahrenkiel liner XI I Africa Ocean XII 2 Alltrons VII 3 AC Toepfer XI 5 American Tpf XII 4/5 Anro Service IV 2/3 Arrow lines IV 3 Asian Ocean VI 3 Atlas line X 3
      982 words
    • 1232 20 A STEADIER rate of US$l7 was reported paid for a Panamax vessel carrying grain from the US Gulf to Japan for end-Septem-ber/early-October on Thursday, but could not be confirmed, ship brokers said. Some market talk suggested the business may have failed, but even if correct the fixture is
      1,232 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
    • 203 21 FEWER THAN 40 North Sea rigs will be without oil company contracts by the autumn as the total number of units operating moves close to a 60 per cent utilisation level. Six months ago there were only 35 jack-ups and semi-submersibles active in the
      203 words
    • 541 21 Reuter THE RAILWAY Labour Executives Association said the association and management ot Santa Fe Southern Pacific Corps Southern Pacific Railroad division will make an offer for the division next month. The union said financing for the buyout bid will be provided by
      Reuter  -  541 words
    • 401 21 UPI SOME 48,000 union railroad workers in Canada, many bitter about obeying a federal back-to-work law, ended a five-day strike over job security last Saturday, allowing freight service to resume. Passenger service was to resume today. Canadian National Railways said freight service was back to
      UPI  -  401 words
    • 585 21 PAKISTANI BREAKERS took an active role in the purchase of scrap tonnages last week. Brokers reported that Henryfc Jendza, general cargo vessel of 4,830 light tons, went to Pakistan for about U*****.50 per light ton and the USSI, 6.713-light-ton steam tanker built 1959, went for about US$l22 per ton.
      585 words
    • 174 21 MORE WAREHOUSE SPACE will be made available in Hongkong port shortly. This follows the partial completion of phase two of Asia Terminals Ltd's vertical warehouse in Kwai Chung. David Allen, ATL's managing director, told the South China Morning Post that the first two floors
      174 words
    • 102 21 Kingsley Wood THE AUSTRALIAN Shippers' Council (ASC) and Australia to Europe Conference have agreed on a new tariff. The new rates will take effect on Oct 1 and will continue until either party feels changed conditions warrant a new round of talks. Notable changes to past
      Kingsley Wood  -  102 words
    • 7454 26 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 Singapore
      7,454 words
    • 1954 28 A—B AB Shipping Boustead Shpg Agencies. ABC Containerize NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      1,954 words
    • 779 29 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdnt FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location lanka Siri 80W 31.08 87 1900 NAPl F7 0900-1100 H4 Jutland io 298 31 08 87 2030 Ned EAC F7 1100-1200/1000- i 100 A7/C7 Ms Jakarta
      779 words
    • 380 29 AT CONVENTIONAL WHARVES VhmI Berth Arrival Departure KEPPEL WHARVES Ananas K2I alongside 31 08/0600 Dashiqiao K29 alongside 0109/0600 A Jal Bontan K33 alongside 31 08/1500 Yexing KM alongside 31 08/2359 Canapus 7 K20 alongside 01 09/1200 Con Echizen K16 alongside 31 08/0600 Frotadurban K18 alongside 31 06/0500
      380 words
    • 399 30 Lloyd's List THE CRISIS in the shipbuilding industry will cost 45,000 jobs in the European Community by the end of the decade, according to a report from the International Metal Workers' Federation (IMF). The report, which recommends urgent action
      Lloyd's List  -  399 words
    • 150 30 Kingsley Wood BRISBANE'S Cairncross Dockyard is to be sold, hopefully to continue as a ship repair yard, otherwise the river frontage site will be sold foj redevelopment. Australian Marine Services Minister Martin Tenni said restrictive work practices spelled the death of Cairncross dock.
      Kingsley Wood  -  150 words
  • Page 19 Advertisements
    • 801 19 "::&.]+\|.)'{=[<}:<:!/"'`_<(\$] OOCL ORIENT Ovhqeas CmUaimn Line Mir// VSk mmm agencies 200 CmWrwo* Rnad #12-06 SclfcpiiK. Smppon 0201 T«l 22U011 TELEX NO IB 2(179 TERMINAI/CFS Tol *****11 220 ■00KIN8S TW *****34 23S KSAKA JARDINE SHIPPING AGENCIES WI.J«O. PORT KEIAM TEL 36MUI Total I* MA3M77/14A***** PENAI4B TEL (***** TELEX NO MA***** CfS
      801 words
    • 117 19 mm THE UNITED ARAB EMIRATES, its port traffic hit by recent mine scares, is urging insurance companies to scrap new war risk insurance premiums, a senior port official said. Page II THE RAILWAY Labour Executives Association said the association and management of Santa Fe Southern Padfic Corp's Southern Pacific Railroad
      117 words
    • 788 19 /*»!•»<• X Ml Goo* Bootstraps Published by CintbhdQt MAERSK LINE THE FAR EAST AND THE MEDITERRANEAN HAVE BEEN BROUGHT CLOSER TOGETHER BY MAERSK LINE To Europe- UK Finland This mi Cacike M Closing Tun* CY 2/9 2300 MRS CFS 219 1300 MRS CECILC M LUNA M ARTHUR M 3* M
      788 words

  • Page 20 Advertisements
    • 327 20 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL: 03-*****50 MALAYSIA SON. BHO. TLX: ***** MTM Frt. Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement. Singapore Office: MTM S pore. Tel: *****00 Tlx: RS ***** MTMSEA. Fax: *****45 Y.S. LINE YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South
      327 words
    • 19 20 Lines and services represented by f\ Members of the Registry of Accredited ffcsml Shipping Agents. Singapore National Shipping Association.
      19 words
    • 413 20 WCSAV SudAmerican.} dcVjocrr'i S A I c TTTT^P. SERVICE to/from CHILE Ft EDO! VESSEL SPORE MOTHER VESSEL HK ARKA KM ANTOF VAIP SAt CSAV Ut Jfi VELAY 14/1 101 1/11 11/11 CSAV V* 12/) CAR CARRIER 4/11 2/11 101 1001 (YOK2W) CSAV ifi I*l CHILEAN EXPRESS 2S/I 17/11 JOrtl CARGO
      413 words

  • Page 21 Advertisements
    • 984 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapore to Satoah, Sarawak, Brunei Porta and Bangkok P&OCL^g^ P&O Containers Limited COHTMNERSHP SERVICE TO UK/CONTMENT: PEGASUS PROGRESS V49SN O-K Sep 04-05 Spp PEGASUS PROGRESS V4KM 00-00 Spp 11-12 Sap BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 PEGASUS PROGRESS
      984 words
    • 522 21 El EUROPE/MED Rl! tm mm SERArat WF 713 lATM WF 714 112.11 UTM WF 7M U7.1l EE 711 13M EE 711 tin EE 712 11 M EE 713 m am ji IS.M {Ml SENATOR mm r 9 'Ei! s USA/PANAMA m EF 711 MM EF 711 24 M EF 712
      522 words

  • Page 22 Advertisements
    • 215 22 Hapag-Lloyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONVjSEMI CONTAINER SERVICE TO EUROPE L CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT 7/1 4lt 10/1 12/1 im u/i KB TYO 22/1 24 It KB TYO m n/io 14/10 1600 20/10 22/10 26/10 21/10 201 4/11. l/u 10/u 1401 1(01 Singapore *****66 K.
      215 words
    • 804 22 JtC&LINE gnu snir*ii cw'Mi r>a« FULLY CONTAINERISED SERVICE fTO EUROPE VIA SUEZ Mffnbff lht Cf Con ,t ItMivrt R dam Fttowa H'burj B havan CHINA CONTAINER 41W 7/9 W NEPTUNE CRYSTAL 41W 10/9 Vt HONGKONG CONTAINER 51W 17/9 TRANSWORLD BRIDGE 39W 24,9 11/ SEVEN SEAS BRIDGE 62W 1/10 W ALSO
      804 words
    • 453 22 Arrow Line^ D S'PORE/COLOMBO/S. AFRICA VSI S PORE COLOMBO DURBAN CAPETOW ARROW PRINCE 13A 31/1 5/9 17/9 29/9 ARROW KING 17A 1/10 6/10 11/10 21/10 Maputo call subject to inducement S'PORE/BENGAL/E. AFRICA VSI S PORE CHITTAGONG CHALNA E. AFRICAN PORTS ARROW DUKE/2 IS/9 25/9 23/9 12-29/10 ARROW QUEEN/3 22/10 29/10
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    • 894 22 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKG KSG KLG PUS OSK TYO KSN CMS NYC HK ru MM MM UN i 2 J? WIWIWWIMia»IWMII?(U EVE* GIANT/EVE* GENIUS Iff li/l 1« M u/M ivil I*lo y/n EVE* GLORY/EVER GREET IV) 1H W M U/li fl/U 25/ M Z3/1I cwcS raMc" 0
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  • Page 23 Advertisements
    • 1037 23 PACIFIC INTERNATIONAL LINES AV\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 INDONESIA CONTAINER SERVICE VESSEL SEA HAWK RATANA BHUM SEA DRAGON SEA DAAGON VESSEL VOY SIN SBV SMG SIN BLW PEN INTEGRA 1703 SM SM SM 1/S 2/9 SEA FORTUNE *733 SM 2/9 4/9 1/9 9/9 10/9
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    • 700 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE NEWZEALAND NEW ZEALAND. PAPUA NEW GUINEA FUI AND SOUTN PACIFIC BUMS JEBSEN NAPIER VI3S SIN BISIIt BAT NOUMEA SUVA TAJ 31/t-lfl 3/1 1/10 AlO
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    • 556 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA HOT# P.T. 6ESURI LLOTB P.T. WNIBOA IWOKBIA P.T. TRIKORA LLOTO EXPRESS SEMI CONTAINERSMP SERVICES SINGAPORE TO EUROPE VESSEL,VOT OCEAN PKIMA/OWB PALEMBANG/7WB GANOA GAMA/19WB HATARAMnWB ANTWERP BILBAO BREMEN A DAM/R DAM H BURC 6/10 10/10 14/10 MAO 20/10 31/10 11/11 14/11 23/11 4/11
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    • 350 23 BOUSTEAD SHIPPING AGENCIES 1* PAGAN VU7W MAWLAMYAING VXW HTOMEYWA V227W BURMA FIVE STAR SHIPPING CfIRPMUTIfIII (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok ws** 10/12 Sept 13/15 Sept £3 BANK LINE EXPRESS SEMI-CONTAINi NORTHBOUND TO UKC SPORE ROAM HULL HMBG TOANA PAPUA V6N 11/9 S/10 16/10 12/10 CLYDCBANK
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  • Page 24 Advertisements
    • 1162 24 kL K LinE SHIPPMIG-DflTfi flTLflriTiC CDfIST (Round-The-World Service) •PK/PNG S PORE LB CHLS 0. FAITH V 4 Sid 4 Sep 26 Sap 5 Oct 0. FRIENDSHIP V 4 12 Sap 13 S«p 3 Oct 12 Oct •VIA FEEDER PACIFIC SOUTH-WEST I Oct 10 Oct 17 Oct 21 Oct FEEDER VSL
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    • 717 24 '/l€ AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contelner* Faadar P Kdwii inar v«u» Snort Mdb fm* Sj* Alts Accape "CHANOIOAS" V.27 |C Sa« 25 Sapt Oct 2 Oct AM/Sra "AABIROAS" »J> 5 Oct 20 Oct 29 Oct 27 Oct AMI*) INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* TiWin f KMm
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    • 787 24 STRAITS/PERSIAN GULF SERVICE: QOIKM HARVEST Cotombo/Karach/Dutft GOLDEN HAVEN Cotombo/MnctN/MuKX CHINA SERVICE A VESSEL H»ok»»n/StiM|h»i GOLDEN LINE GUAN GUMt SHPfWG (fit) LTD 23. M Ay* IM KMI IIM TO. V34JMS (II IMS) Fai: M Sport P« an* %m--5/6 Oct WW- CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA I
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    • 523 24 VO PHILI Oni€NT LIN€S PT€ LTD AO OlflU 63 MOBINSON HOAD -0? V *rRO AS A BUHfJINj SiNCAf'ORf OICf. TUIK RS ?s?;o PMItl (A* ?nybi* btafcW EAST AFRICAMEDITERRANEAN is/» TT I iiLL UK/EUROPE SERVICE St" MOMBASA, ttmuum KM TAMATAVE. REUNION. TAMA LATTNOA, BBWHAZI TWRNJ. ALEXANDRA. PORT SAIO. PIRAEUS. ommumbl lmmabol,
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  • Page 25 Advertisements
    • 999 25 NEPTUNE ORIENT LINES LTD ST. NEPTUNE AGENCIES PTE. LTD. FE EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 2785 *****22 *****55 rmm NEPLINE SON. BHD. *****87 tXimts'mTii kiroi mr enu Dun wijmi tiflfUmiti </•/•#* NEPLINE SON. BHD. 3MM7 NEPLINE SON. BHD. *****33 NEPLINE SON BHD. *****5/627M0/627M1/627M2 NEPLINE SON. BHD. *****0****** HI'In T
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    • 405 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON S POR£ AWNTS NEPTUNE AGENCIES PH I TO T.I 7T0U*****434 *****10,7712ta (Op«ritio«u> nnwumn* (i.rm.nji) 27©450f7MH04 (CFS) MALAYSIA AG{NTS TUNAS SETIA SON BHD IU Tel 27*&*>V*OW f* T«l MSbM 3UMXI *80*4 PEN Tel *7J/S,*WV*777S f V;v CEYLON
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    • 812 25 SINSOV Tata: MA 400*1 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** M/S HANDLING SYSTEM CO SON. BHD. ft rsra PASIR GUDAKC F.B. SHIPPING AGENCY SON BHD M/$
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    • 16 25 Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT: SINGAPORE TEL *****11 (IS LINES) BANGKOK TEL 2S3BM-5
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  • Page 26 Advertisements
    • 404 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 .30 Lmes< FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD DEUTF RACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO Accepting cargo for INDIA Bombay, Cochin Madras "VIA LARNACA: Accepting cargo for Lattakia. Piraeus, Thessaloniki. Izmir, Istanbul.
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  • Page 27 Advertisements
    • 327 27 Will CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY EAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER i '-I—l'LEHARVE I 7 09 11 09 nil mr im it-T BUTANG 173 I. BUTANG J75 OTHER DESTINATIONS: AARHUS,
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    • 361 27 TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY 1/9 4/9 ABIDJAN, LOME 8"S 119 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA ft Bookings MAC-NELS AGENCIES PTE. LTD. MAC-NELS (MALAYSIA) SDN BHD. MAC-NELS (PENANG) SDN BHD. Tel: *****44 (22 Line#) P Keleng Tel: (03) *****77 (4 Lines) Penanfl
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  • Page 28 Advertisements
    • 260 28 THE NATIONAL SHIPPING COMPANY Of SAUDI ARABIA REGULAR RQ-RQ SERVICE TO MIDDLE EAST VESSEL 1 SINGAPORE I P KELANG I I S. HOfUF FEA 027 12 SEP 1 14 SEP 23 SEP S. DIRIYAH FEA 030 1 04 OCT 06OCT 150CT S. RIYADH FEA 040 23 OCT 1 2S OCT
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    • 407 28 m FINKIINKR SHIPPINC, I'TK I ll) 0 Shenton iy 04 02C Mirinj House Spore 0?0/ TFI ??5907; (6 Lmes) TLX RS ***** FLINFR FAX EUROPE SERVICE FAR EAST SERVICE lifl i«t 22/1 an an a* w MIDDLE EAST GULF SERVICE AUSTRALIA SERVICE WEEKLY HKG/CHINA SERVICES Wa m r-z is A
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    • 499 28 Z I M FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East I West Coast, Carribbean.Eatt Canada. HAITI, Port Au Spain, Barbados N. ST. LUCIA AUSTRALIA CONTAINER SERVICE 1/10 11/10 27/10 1/11 ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE ANO ALSO FCL TO GUAM r* ZIM EILAT CONTAINER LINE n Acteplinf
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    • 485 28 4 COMPANIA PERUANA d d DE VAPORES 9 2 "PERUVIAN STATE LINE" 5 Loading for Callao, Matinni. No and ail other Peruvian ports Mtti transhipment K Q K| Kobe or Yokohama on CPV Through Bill of Lading to final destination K K Penang* P Kelang Singapore R K JOHNEVERETT 4/5
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  • Page 29 Advertisements
    • 288 29 Hamburg West Germany Tiger Line VESSEL VOY SIN CALCUTTA MADRAS CHITTACONG PRELUDE 23 SID 21-29 AUG 31-1 AUG LOTTE SCHEEL 24 2-3 SEPT »-12 SEPT 15 SEPT PRELUDE S-t SEPT 12-14 SEPT LOTTE SCKEEL 25 21 SEPT 28-30 SEPT 3 AUGUST PRELUDE 2 20 SEPT 2»-2» SEPT Common Cirri* Feeder
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    • 203 29 PERCH ICEAN UKS (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S'PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFFKI Y HAIKOU, ZHANJIANG "~]]r'' XINGANG, QINGDAO SAILINGS SHANGHAI OTHER PORTS SINGAPORE AGENTS: PKELAHG/KLUMPUR AGENTS: rapid mmrrna rre ltd mwtnam wwo vn TEL: 5325H4 TLX: 22*5 TEL TWmi *****57 CONSOLIDATION SERVICE
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    • 198 29 PERINTIS LINE 1 II WEEKLY FULL CONTAINER SERVICE General Agents li Ptf L 19 Ksppel Road Jit Poh BkJg Singapore 0206 Tef *****33 Tlx. ***** a/b pt asia m (5) HANLIM SHIPPING CO., LTD REGULAR UNER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME Korean Sapphire S pore LDG FOR
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    • 1040 29 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUNO TO MEDITERRANEAN RtU» it mwMtlta OUTBOUND TO W AFRICA vor vi* feeder spore Dakar Monrovia abidjan tema PR I MS vio LAGOS 141 C i 110 mssm INBOUND FROM EUROPE/FOR FAR EAST PORTS
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  • Page 30 Advertisements
    • 504 30 FARGO SHIPPING COMPANY (PTE) LTD regular express full container AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USAyCanada/Europ«/M*dit«rran«an V»l C. VEROLME TNT EXPRESS E. HUDI6 BRUSSEL ETA SINGAPORE JENLINK 33 P4YA BHUM la VIRA BHUM 24 BUNGA BUTANG 371 KITI BHUM 12: W. 17/9, 19/9 3/9. 10/9. 17/9, 30/9
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    • 980 30 SMN SOCIETE MAURICIENNE DE NAVIGATION LTEE INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE Vessel FLAMBOYANT GASIKARA LOADING FOR Pt Louis, Reunion, Durban, Capetown, Pt Elizabeth, Tamatave Pt Louis, Reunion, Durban, Capetown, Pt Elizabeth, Tamatave Gener.il Agents SEALION SHIPPING(S) PTE LTD TEL *****81 (5 line.) TELEX RS>43b4 SEIION FAX 2250/41 AfRK
      980 words
    • 597 30 AMERICAN TRANSPORT LINES, INC. AniThuit. TAMPICO 23/10 16/11 10/12 29/12 18/1 ACCEPTING CARGO TO ATLANTA, SAVANNAH. BALTIMORE. WAN. TAMPA. OTHER U.S. EAST COAST PORTS ON REQUEST. ALSO ACCEPTING CARGO TO CENTRAL/SOUTH AMERICA:- CRISTOBAL. PUERTO CABELLO, SANTOS. RIO GRANDE. PARANAGUA, RK> OE JANEIRO. BUENOS AIRES. OTHER PORTS ON REQUEST. TO CARIBBEAN
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  • Page 30 Miscellaneous
    • 187 30 1% Regional Weather i r K X m sN gjj SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather s-Y Wind directloa with speed in knots U W.ve height Cloudy Sky Surface winds are Mtaitrt hy uttwi wthfc fly with the wM
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