The Business Times, 12 October 1987
1987-10-12
1
32
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The Business Times
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Title Section11 1987-10-12 1 BUSINESS TIMES MCI <P) 112/12/86 MONDAY, OCTOBER 12, 1987 175 CENTS11 words
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764 1987-10-12 1 WILLIAM CHIA - Private developers keenly awaiting decision By WILLIAM CHIA WITH THE receaeion-bueting rental rebatee given by Jurong Town Corporation due to run out in leea than three monthe, the Singapore Manufacturers Association is fighting againat time gathering feedback from ita members to help it764 words
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199 1987-10-12 1 ELAINE KOH - ■y ELAINE KOH THE NATIONAL Bank of Brunei trial will kick off today ovar a jurisdiction iaaua which will ba raised by defence counsel for Khoo Ban Hock, ona of tha four defendams. Mr Colin Ross-Munro, Queen's Counsai, is likaly to srgua that tha Brunai199 words
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Article, Illustration521 1987-10-12 1 JEFFREY TSANG - By JEFFREY TSANG A SINGAPORE-DEVELOPED system of reclsmation that could save land-ecarce countries billions of dollars has won s scientist the first National Science and Technology Award. Tha layered clay-sand schema developed by Profaesor Lae Seng Up, who heads ma civil engineering521 words
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Article, Illustration273 1987-10-12 1 LEE HAN SHIH - By LEE HAN SHIH LEAVING their gold watches, diamond rings and other valuables aa securities, Singaporeana borrowed $379.1 million from pawnbrokers in the first eight months of this year. Againat the same period last year, thia waa an increase of273 words
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Article119 1987-10-12 1 AP VIETNAM ia opening its first capital ist-style commercial bank after raising some of the capital by selling stock to citizens for the first time ever under the country's communist government, Japan's Kyodo Newa Service reported yeaterday. Kyodo reported from Ho Chi Minh City that theAP - 119 words
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483 1987-10-12 1 ASEAN RESOURCES, the Hong-kong-listed company which has a substantial stake in the Bayshore Park condominium in Singapore, has settled all its disputes with the Ka Wah Bank. The out-of-court settlement follows almost a year of suits and countersuits between the property investment483 words
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Article124 1987-10-12 1 AFP HONGKONG'S prime lending rate is to rise one per cent to 8.5 per cent from today, the British colony's leeding banks announced. The rate was last changed on June 22 when it waa raised 0.5 per cent to 7.5 per cent Savings and depositAFP - 124 words
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Page 1 Advertisements
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Advertisement336 1987-10-12 1 Need a housing loan? W\v i( X 737-7977 Wfrvfoong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank 6 Claymore HiM #03-01 Claymore Ptaza Smfipore 0922 c rW v THE MANAGING director of food-based company Cerebos likes work. He likes it very much and nothing would delight him more336 words
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Advertisement367 1987-10-12 1 Aquino versus the Reds WHITHER THE PHILIPPINES? BT's third and final focus on the Philippine crisis looks at the challenges posed to President Corazon Aquino by the country's military and the communists. Depending on which expert one talks to, the answer as to whether the communists are on the way367 words
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Advertisement123 1987-10-12 1 Made in Germany Since 1877 Shipping Timet comes m a separate section today. Make sure you get your copy. Because of lakakofe dedication, no other airline can offer you this: 2 >* > f v •X v* THE JAL PLEDGE As highly trained and dedicated professionals we will confidently do123 words
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MANAGEMENT
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Article, Illustration1749 1987-10-12 2 CHUANG PECK MING - The managing director of food-based company Cerebos likes work. He likes it very much and nothing would delight him more than to try, once again, to double the group's turnover in a shorter time than before. CHUANG PECK MING profiles John Bittleston, a man who1,749 words
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587 1987-10-12 3 GENEVIEVE CUA - By GENEVIEVE CUA BRIGHT. HOPEFUL, young faces, the fairly experienced executive or the eluaive professional who has made his mark? Theae would be some of the candidates that a small Arm, at one time or another, would have eyed as potential new employees.587 words
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248 1987-10-12 3 Management Game Thirty-six teams make it to semi-finals AFTER six periods of trading, 36 teams have made it to the semifinals of the ongoing National Management Game organised by the Singapore Institute of Management, ICL and Business Times. There will be six games of six teams each in the semi-finals248 words
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Article, Illustration1444 1987-10-12 3 MICHAEL SKAPINKER - By MICHAEL SKAPINKER FT WHAT IS corporate head office for? Does it add anything to a large diversified company other than overheads? Wouldn't the individual businesses that make up large groups often be better off on their own? And if a business is toFT - 1,444 words
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Page 2 Advertisements
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Advertisement171 1987-10-12 2 It can type an envelope, send a telex, compile a 1 i J to 1 3 l 3 The Olivetti ETV 260 is the ultimate transformation of the typewriter into an intelligent videotyping system a simple, easy-to-learn, easy-to-use system that does everything from editing text to sending and receiving telexes.171 words
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Advertisement77 1987-10-12 2 The new Silhouette® 4000 Carry On from Samsonite® Open it and you get a garment bag. Big enough to hang your gowns (or suits). So they don't crumple. Close it, and it becomes a carry-on. Small enough to stash under an airplane seat. It's the only one of its kind77 words
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Page 3 Advertisements
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Advertisement205 1987-10-12 3 "We need a computer that grows with us ...painlessly. tufh'. r* rT 7 111 i C M im 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:205 words
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OVERSEAS
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416 1987-10-12 4 Trade deficit improvement will spur economy' AP THE US will achieve moderate economic growth next year, with no threat of a recession, even though inflation and interest rates will be headed higher, top business leaders predicted recently. The economic outlook was issued lastAP - 416 words
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312 1987-10-12 4 Reuter ECONOMIC growth in the European Community will slow this year to a real 2.2 per cent and 2.3 per cent in 1988, from 2.6 per cent in 1986, the EC Executive Commission said. "The acceleration of growth expected in 1987 neverReuter - 312 words
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342 1987-10-12 4 AP SENATOR John D "Jay" Rockefeller IV of West Virginia sees Japan on a collision course with the US. "There are going to be several tough years in Japanese-US relations," said Mr Rockefeller, an opposition Democrat who is chairman of theAP - 342 words
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262 1987-10-12 4 AFP THE FRENCH ECONOMY grew by only 0.7 per cent in the second quarter of 1987, less than the 0.8 per cent originally estimated. The National Statistics Bureau (Insee) in Paris said during the weekend that it had also revised downwards its figures forAFP - 262 words
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Article282 1987-10-12 4 AFP AS Soviet industry moves into radically new "self-financing" economic methods, the top Soviet leadership is optimistic, but middle management is uninformed, and the workforce sceptical, according to press reports and western economic experts. Soviet leader Mikhail Gorbachev, emphasising last week in the northern city ofAFP - 282 words
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155 1987-10-12 4 UPI INDIA on Friday withdrew its request for the controversial purchase of a hightech supercomputer from the US and settled for a less sophisticated system, ending an embarrassing stalemate days before Prime Minister Rajiv Gandhi's visit to Washington, officials said. India and the US signedUPI - 155 words
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Article483 1987-10-12 4 NYT THE MIGHTY Rajang River, for centuries a major route into the heart of Borneo, runs by the small town of Kapit with its waters the colour of milky coffee. It was not always this way in the rainy season, the people who live in KapitNYT - 483 words
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292 1987-10-12 4 AFP, Reuter THE LEADER of the most powerful Tamil separatist group has urged Prime Minister Rajiv Gandhi to order a halt to the Indian offensive against his forces in northern Sri Lanka, a spokesman said yesterday. The Liberation Tigers ofAFP,; Reuter - 292 words
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207 1987-10-12 4 Reuter CHINA'S industrial output in the first nine months was 751.9 billion yuan, an increase of 15.3 per cent on the same 1986 period, against a 1967 target rate of 7 per cent. The Economic Daily said year-on-year growth in the threeReuter - 207 words
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Article830 1987-10-12 4 ARRIVALS Operator Sorvteo Local From number ttnw su son 0045 LAX/NIT UA UA805 0045 SFO/HKG FT FT73 0046 Utf/SFO/ANC/ NTT/OSA/TPf MAS MH621 0140 KUL S1A S041 0615 MAA AC AC5B0 0700 rrz/uu/dxi MAS MH601 0720 KUL su SQ43 0605 DHA/BOM MAS MH661 0620 KUL MAS MH811 0910830 words
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Page 4 Advertisements
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Advertisement117 1987-10-12 4 QUALITY BEFORE YOUR EYES BesKMffiF- m I ,-~sT ■-a? V s SS^XSaTO'vSLw >T i W H9&\* \tl *€s- iSC r .w. ma I It takes 1 step to put rtoa But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come117 words
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Advertisement192 1987-10-12 4 The business person's choice, every Tuesday, Thursday. Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow early the following morning. Coll your Travel Agent or Air Conada at *****55. AIR CANADA CONTINENTAL CLUB caters only for the Business Executives at the Continental Floors with very special features192 words
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Page 5 Advertisements
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Advertisement314 1987-10-12 5 £*1$ AVji-.-; .1. 4V.*» i'. -Vji Vfe >v- t* •s&3fc&tmi% mm v¥^ v-' ■^M 7 &■&-<* vW? »*.J- v. x r-. »1 /iHrv W '^INS A. m i -P in •7 W .v--!*M an n -V f,, J 5& TJ*>\ it i w mm 43% >'■ 'Sm, ~WSB& *p| ,d|M314 words
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COMMODITIES
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1301 1987-10-12 6 Nervous trading in London AFP NERVOUS CONDITIONS on the foreign exchange and stock markets pervaded commodity trading in London last week. The rise in US prime rates last Wednesday led to general fear that interest rates were on the increase throughout the industrialisedAFP - 1,301 words
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Article273 1987-10-12 6 Rubber Tin THE Malaysian rubber mar* kat finished higher last week with Int RSS One ctoeing at 268.00 Malaysian cents a kg, up 2.50 cents from the previous Friday. News that the International Natural Rubber Organisation (Inro) buffer slock manager was monitoring the market to keep prices under the "must273 words
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Article161 1987-10-12 6 Chinese Product Exchange FAMA PrfcM tauod on Oct 10 jtron noon doting pr Oct 10 (SS/100 kg) Coconut oil tuft FOft OU drum FOft N*w dram K>6 •cm an 95 J00 105.00 109.00 Coconut oil lMS/100kfl) Now drum 2nd hand drum Mi local in bwflt 1 36.00 131.00161 words
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Article326 1987-10-12 6 Crude palm oil fwturss closed easier in very active trading on the KLCE last week following reports that India may reeell their earlier deferred shipmsnt of sbout 200,000 tonnes of RBD olein for October/ November delivery. Renewed selling interest pushed values from a high of M 5793 last326 words
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Article277 1987-10-12 6 im CoflOO tosh in-storo longer OF London opfior No* 1373/1375 (1383/1384) Wgh/low 1383/1370 Jan 1403/1404 (1412/1413) High/low 1412/1396 Saio* (3726) Cocoa Ok 1183/1184 (1193/1194) Mgh/tow 1193/1182 Mar 1213/1214 (1225/1226) High/Low 1225/1213 Sato* (2449 Sugar No 6 FO# (USS/tonno) Ok 153.0/154.0 Mgh/Low 156.4/153.0 Mar 164^/165.0 Mgh/Low 169.2/164.0 Sal*i (2871277 words
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Page 6 Advertisements
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Advertisement366 1987-10-12 6 the Gold coin Standard v i < M v T L*. P Gold is the one commodity that has long been valued as the basis for sound financial planning. Esteemed for its enduring value, gold has proven to be a long-term insurance against monetary, political, and social uncertainty. Investors are366 words
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Advertisement36 1987-10-12 6 THE LONG AWAITED 0 RENAULT 21 i AUTOMATIC HAS AMOVED m 9 j f» v w Don't just reed about it. Judge for yourself. CaN *****11 to arrange a Renault 21 test drive. Ybu carrt lose.36 words
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Page 6 Miscellaneous
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Miscellaneous82 1987-10-12 6 Doonesbury BUSH CLAN 6ATHEREP FOR AN EMERGENCY POUJ UJOUJ. j COUSIN UXJtS IS MVERJNG, 1 GEORGE. HE MIGHT COMB outfordole. GEORGE, TM HAVING A HARD TIME KEEP- II ING MY SIDE OF THE FAMILY IN UNE. THERE'S A BIT SIGH. J OF A STAMPEDE 70 KEMP Cv Si ml A82 words
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Miscellaneous78 1987-10-12 6 Bangkok ro 12/11 Rain 17/15 Cloudy 25/16 Ooor 34/26 door 33/25 Rainy 26/24 Cloudy 23/12 Cloudy Mgrado 23/13 Cloudy r I 1 g Roport for 24 hown prior to 7.30pm an Oct 11 at Hra of mmMm... Ratntell in mm RalntoM Me mtfi Rainy days Mom Now DoM Now York78 words
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Page 7 Advertisements
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Advertisement51 1987-10-12 7 ESSO ON THE MOVE 9 A w Our offices are now at 1, Raffles Place V 28th-38th storeys, W Singapore 0104. r Tel: 535 5533. Telex: RS ***** ESSOSIN. Our postal box addresses remain unchanged. Please call at our reception on the 29th storey when you (An affilkrte of Exxon51 words
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FOCUS
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Article, Illustration2143 1987-10-12 8 BRIAN GOMEZ - The Philippine fight to remain free and democratic at a time of increasing political violence is assessed in the final of a three-part focus by Regional Correspondent BRIAN GOMEZ. Her shortcomings notwithstanding, President Corazon Aquino may represent the best hope for the country.2,143 words
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Article, Illustration766 1987-10-12 9 ECONOMIC REFORM programmes may have been slow in coming but Philippine President Corazon Aquino's achievements on the political front are widely applauded. "Restoring democracy is Cory's greatest achievement," said Professor Resil Mojares of Cebu, adding that efforts to reestablish institutions tampered with by former766 words
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Article, Illustration614 1987-10-12 9 and what still makes her see Red PHILIPPINE political observers have two strong points of view about a communist victory. Some are convinced the communists are winning; others are certain they are losing. Ridiculous as it may seem, that is the precarious state of informed opinion in the nation. The614 words
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Page 8 Advertisements
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Advertisement134 1987-10-12 8 i *C<i 0L i 11 v lilt 5. < r y > Dinner roQ4O V 4 > Ik y *i. B 1 M gr V. v iv, As you can see, our daily flights to Bangkok are as regular as your meals And as perfectly timed too! In the mornings134 words
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Advertisement153 1987-10-12 8 T «>*UM J* Sfi <V w'. 'X* > WvJifJ N. ;:t m Romulus" in 18 carat gold with the "Roman hours" hand-engraved on the rim. Romulus. An ultra-slim, quartz and water-resistant model. Four different sizes in gold steel, solid gold, platinum or set with diamonds. OFFICIAL AGENTS: Singapore: SHUI HWA153 words
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Page 9 Advertisements
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Advertisement67 1987-10-12 9 Takeataxi toMooesia KINTA-MANI -INDONESIAN RESTAURANTAt Kinta Mani, we serve Indonesian food that is so authentic you won't believe you are outside Indonesia. So exotic, savoury, yet so familiar and not overly spicy. If you really love Indonesian food, you will love it here! Level 3 Opening Hours: 12 noon 3.00pm67 words
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Advertisement14 1987-10-12 9 EXXON CHEMICAL ON THE MOVE Y/ sjm 7> 0 i r* KUOM I m14 words
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Page 9 Miscellaneous
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Miscellaneous1189 1987-10-12 9 TO QKK) aaOQia B 12 PM SBC Text Sample Paget. Opening and Progromme Highlights followed by Dorolhy L Soytn MyiNffM Strong Poison (Pt 1, See highlights). Adom Smith's Money World jwptfcooauaori idtt myniiynni. Fanfare for Young Musicians (r) Coming Am-actions. ClomJcol Momenti European Community 30th Anniversary Concert Performed by The1,189 words
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THE ARTS
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Article, Illustration559 1987-10-12 10 SHAUN KOH - By SHAUN KOH A DREAM has finally come true. For years, many people have been waiting and waiting for the day when the Victoria Concert Hall would reverberate again to the grand sound of a pipe organ. And each year has passed without anything much being559 words
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Article, Illustration430 1987-10-12 10 THE UNIQUE and experimental jazz music of the German Stroer Brothers has been described as "nomadic" by music critics. Not just because these jazz musicians, in the true sense of the word, are wandering tribesmen, but the word "nomadic" also applies to their430 words
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Article, Illustration556 1987-10-12 10 SHAUN KOH - by SHAUN KOH OCTOBER promises to be a good month for Singapore Symphony Orchestra concert-goers. Just as the SSO's third season draws to a close on Oct 17, the fourth season opens a week later with just as many musical goodies in store.556 words
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Page 10 Advertisements
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Advertisement238 1987-10-12 10 THE ONLY INGREDIENT NOT FOUND IN ANY OTHER BELGIAN FARE CHEF JEAN MARIE DAVE Belgian Culinary Festival Harbour Grill,Oct 7-18 A feast fit for a king, prepared to perfection by gastronomic master chef Jean-Marie Daue, proprietor of Au Vigneron, a restaurant in Belgium which ei\joys a two star rating in238 words
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Advertisement85 1987-10-12 10 W\ v -t -5 L < H 4-r Is w vt l*v« v our musical dynamos from the Philippines are now making waves at the Cathay Restaurant You'll like what you hear, and hear what you like The soothing, satin sounds that distinguishes Cathay as the Chinese restaurant with the85 words
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Page 10 Miscellaneous
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Miscellaneous669 1987-10-12 10 imwmE mmm®) CRYPTIC PUZZLE ACROSS 1 A clan arrangement (or crosa-country transport (5) 6 Frank doesn't exactly have a cough (5) 9 Writing of a novel kind (7) 10 Measure used by the tiler? (5) 11 Split time off* (5) 12 Laundress's garment (5) 13 Cricketer in a straw hat?669 words
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Page 11 Advertisements
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Advertisement243 1987-10-12 11 WANG mm mm *a' -1H V,; I >E T cotii yH i| ETv^Si < Sb WANG Word Processing, the de facto industry standard. Wang's world-renowned IBM-compatible keyboard. Easily-accessible help and other special function keys with instructions in simple English. IPC AT Turbo. IPC's latest. -I- ***** CPU, operating at 12243 words
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SPORTS & LEISURE
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Article, Illustration303 1987-10-12 12 AP JEFFREY LEONARD and company are homering and the San Francisco Giants are humming after tying the National League playoffs at two games apiece. "For those of you who don't know what 'humm baby' means, this is it," manager Roger Craig said, echoing hisAP - 303 words
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Article, Illustration143 1987-10-12 12 UPI THE DETROIT TIGERS, five outs away from falling behind three games to none, used Pat Sheridan's two-run home run in the eighth on Saturday to defeat the Minnesota Twins, 7-6, and climb back into the American League playoffs. The Tigers, who now trailUPI - 143 words
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Article, Illustration423 1987-10-12 13 Reuter AFTER FOUR MATCHES, the most one-sided result has been Pakistan's 15-run win over Sri Lanka with four balls to spare. The fourth World Cup Cricket Tournament has made the best possible start. In the other games there were three balls left when England beatReuter - 423 words
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Article, Illustration576 1987-10-12 13 WALTON MORAIS - By WALTON MORAIS FIRED BY A DESIRE to redeem himself, former national champion Mahader Hassan won the STC Crocodile hard court tennis championship and then declared there is no one in Singapore who can beat him for at least three more years. The 30-year-old576 words
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267 1987-10-12 13 UPI BRAD GILBERT, the No 3 seed, fended off 15-year-old crowd favourite Michael Chang 6-3, 6-4. last Saturday in the U*****,400 Scottsdale Open. In the finals yesterday. Gilbert was to play sev-enth-seed Eliot Teltscher, a 7-6 (7-3) 7-5 winner over David Pate earlier.UPI - 267 words
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Article, Illustration276 1987-10-12 13 AP PAUL ANNACONE upset topranked Ivan Lendl 6-3, 6-2 in a semi-final match of the AT&T Challenge Tennis Tournament last Saturday, giving Annacone, ranked 41st in the world, victories over the world's top two players on consecutive days. In yesterday's final, Annacone was toAP - 276 words
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Article, Illustration136 1987-10-12 13 UPI VETERAN Japanese professional Isao Aoki marked a two-under-par 70 in the final round yesterday for a total of nine-under-par 279 to win the U*****,000 Japan Open Men's Golf Tournament Starting with two strokes behind pace-setting Saburo Fujiki, Aoki took the lead with a birdie onUPI - 136 words
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Page 12 Advertisements
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Advertisement865 1987-10-12 12 mM. -< X S=V; Ui H m > ffy* a <sv Sfr .i •*>.' mmwm _MJ > =n for the health-amadous, weight-watchers or simply lovers ofgreens, we present you Daily from 11 am to 2pm at Cafe Vienna R>r 97.90++. you can tuck Into more than 30 varieties of salads,865 words
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Advertisement147 1987-10-12 12 «AV 9 L £3 y *50*; «t\ ■Y V* II i w tir%3 fcow r* «s i France at The Belvedere The Belvedere's French buffet luncheon. An incredible selection of more than 60 authentic favourites, from now till October 30. It's as good as being in France! 12.00 to 2.30147 words
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Page 13 Advertisements
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Advertisement522 1987-10-12 13 ?r- f:s A; ■HkHBHRHH I in d^riU *5 V c Roast Rack of Lamb at only $19.50. Roast Rack of Lamb juicy, succulent, done to perfection with Sandre Potatoes and Vegetables served in the setting of a hunter s lodge At the Hubertus Grill. Available at just $19.50 per person522 words
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Advertisement44 1987-10-12 13 Congratulations to Royal Nepal Airlines on their inaugural Boeing 757 "KarnaW flight to Singapore from ELMAR ENGINEERING SERVICES "The Turbomachinery Specialist" CONQRA TULA TIONS TO ON YOUR 8757 INAUGURAL FLIGHT KATHMANDU SIN6APORE Galley Equipment Manufacturer 303 Alexandra Road SIN 0315 FAX: *****52 Tel: *****1144 words
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Page 13 Miscellaneous
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Miscellaneous32 1987-10-12 13 fcankDickeae it usiTeßesr you to knou AfSGNOU COOING To SlT\ "f "THOUGH I P\PP£P\R To Be P.ND t?£AD TUPvT RV SOOHT N£xjsPP,Peß PW. DAY py WTO^fsrriON.. J 6-S IF i SO choose.32 words
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MONEY AND EXCHANGES
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778 1987-10-12 14 Tokyo world's biggest investment banker AFP SIGNS of growing stress in world currency and securities markets, with the bond market depressed and Wall Street nervous as the dollar weakens on US deficits, has highlighted the key role of Japanese finance houses. Experts inAFP - 778 words
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Article, Illustration63 1987-10-12 14 Reuter LORD ROLL (left), president of Warburg Securities, sharing a light moment with LI Yu Mln, vice-chairman and executive vice-president of the Bank of China, at the Chinese Embassy in London last Friday. The occasion was the official signing for the bank's issuing of US$2OO millionReuter - 63 words
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154 1987-10-12 14 Reuter FOUR KENYAN ASIANS have appeared in court on foreign currency charges involving US$29 million in coffee export earnings. The four charged with foreign exchange offences in Nairobi Chief Magistrate's court last Friday were the chairman of Biashara Bank, Buryakant Bhagwani Raja Shah,Reuter - 154 words
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330 1987-10-12 14 Reuter BANKAMERICA CORP is doubling the number of common shares in its shareholder investment programme to 20 million shares and reducing the discount rate on the shares to 4 per cent from 5 per cent. At the current price of 11%, ifReuter - 330 words
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Article1616 1987-10-12 14 Union Bank of Switzerland ZURICH: THE G-5 and G-7 participants in Washington were noticeably reticent in their comments on interest rates. Speculation that this could indicate considerable disagreement was confirmed last week. By raising the interest rate for securities repurchase agreements, the German monetary authorities backed up BundesbankUnion Bank of Switzerland - 1,616 words
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399 1987-10-12 14 Source: Green and Collier Bullion Pte Ltd AT NEW YORK'S Commodity Exchange, precious gold advanced in cautious trading last week to settle near a two-week high. Spot gold finished last Friday at U*****.90 an ounce, a gain of about US$7Source: Green and Collier Bullion Pte Ltd - 399 words
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Article84 1987-10-12 14 Reuter TOKYO should implement measures to prevent inflation, including a tightening of monetary policies, according to Japan Federation of Employers' Association chairman Eiji Suzuki last week. He said there was concern about a resurgence of inflation, partly because of soaring land prices, and that Japan shouldReuter - 84 words
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Article73 1987-10-12 14 AFP THE ROLE of foreign banks in Indonesia has fallen and largely been taken over by a number of rising national private banks, according to the Association of Private National Banks (Perbanas) yesterday. The combined assets of 11 foreign banks licensed to operate in IndonesiaAFP - 73 words
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Article207 1987-10-12 14 Asian market ASIAN CURRENCY average deposit rates for the week •ndad Oct 9 BIO P RICES High Low us t 7 doy» 7 9/16 7 7/16 1 month 7 13/16 7 9/16 2 IIKUKtw 7 13/16 8 3 month* 8 11/16 8 3/16 6 month* 8 13/16 8 3/8 9207 words
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Article31 1987-10-12 14 The range of call rates for •he week ended Saturday, Oct 10 Bonk fund 2.4 27 Gon fund 2 2.65 of fvnds M$2,2! 3m Source: Short Deposits (M) Bhd31 words
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Article202 1987-10-12 14 Source: Commercial Discount Co Ltd SINGAPORE Government bond prices opened the week searching for support levels. Trading activity surged as market bulls bought on improving yields of quality paper and bears sold against a backdrop of higher money market rates and fears of excess supply. At mid-week,Source: Commercial Discount Co Ltd - 202 words
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Article, Illustration495 1987-10-12 14 Indicate* th* av*rag* of th* prim* lending rat** of 12 m*|or banks in Singapore PLR of banks at the dot* of bmin«i on Friday, Oct 9, as supplied by the Association of Ranks in Singapore. BANK PL* Algernon® frank 6% Allied Irish Bank PLC 6V4 American Express495 words
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Page 14 Advertisements
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Advertisement66 1987-10-12 14 SALE/RENTAL SENOKO DRIVE v Single Storey factory with y office annexe Land Area Approx. 140.000 sq ft Factory Space Approx. 53,281 sq ft Office Space Appr0x.2,583 sq ft Available immediately Debenham Tewsbn City Valuers Pte Ltd 11. Collyer Quay *13-01 The Arcade, 0104 Tel: *****79 Telex: RS ***** CIVAL^ sirr66 words
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BANKING AND FINANCE
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399 1987-10-12 15 FT THE LONG-RUNNING struggle for control of Mediobanca, the leading Italian merchant bank that has been majority state-owned but which has served largely the interests of a tiny group of private sector shareholders, is finally to be resolved by means of an unprecedentedFT - 399 words
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Article113 1987-10-12 15 Bernama ES BANK NEGARA will play host to a four-day technical meeting of mints in Asean beginning today. The conference, to be attended by 48 delegates from 18 countries, will be officially opened by Bank Negara governor Tan Sri Jaffar Hussein. The non-Asean countries are representedBernama ES - 113 words
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522 1987-10-12 15 Dispute souring Latin AmericanUS relations Reuter A LINGERING dispute over US-backed reforms in the rnter-American Development Bank (IADB) is souring relations between Latin America and Washington, senior financial officials said. A 12-man committee of the lADB board of governors ended two days of talks in Guatemala City last Wednesday withReuter - 522 words
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138 1987-10-12 15 Reuter MAJOR SWISS BANKS raised their rates tor customer time deposits by up to K percentage point last Friday. The four major Swiss banks will pay 3% per cent for depoeita of three- to 12-monthe, up from 3!4 per cent on eix- toReuter - 138 words
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404 1987-10-12 15 Reuter THE WEST GERMAN government shocked financial markets last Friday with a proposal that it wiN no longer wait for Investors to declare their income from shares and bonds before taxing them. m Instead, to hefo finance a ta< reform that will costReuter - 404 words
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Page 15 Advertisements
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Advertisement108 1987-10-12 15 The Sanwa Bank Limited SINGAPORE BHANCH U. 5.540,000,000.540,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT ISSUED ON 29TH NOVEMBER 1983 MATURITY 30TH NOVEMBER 1988 NOTICE OF EARLY REDEMPTION Notice is hereby given to the holders of the above Certificates that in accordance with Clause 3 of the Certificates, the108 words
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Advertisement379 1987-10-12 15 S.JLI «*r tSb'"V- i m ■w Our reputation for asset management is no feiiytale. Although it did start with a mirade we performed for a prince Some two hundred years ago, during one of the innumerable squabbles that flared up all over Europe, Prince William of Hesse-Cassel was obliged to379 words
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MARKET REVIEWS
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Article, Illustration819 1987-10-12 16 TOP TEN STOCKS THE FOLLOWING ii a Ittf of «w 10 x ROflt OCftvff 1 frodod Mocks on Stock Exdtango of Singapore lad w t V—T ■000 Nw Oct 9 1987 low 19t7 Smgnorin* MB 2.17 119 1.71 Smm Oofby 4.342 172 192 1.93 Oty Dm Wrt» 4.131 038 047819 words
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Article3651 1987-10-12 16 11 High M7 Low LBBI MB «»w fir's Dhr ON cw fir's rn Net P/t Vol r*oQ Wo High •k Um SECTION ONE MourmiAL a HflMCi ICtAL 278 88 308 800 290 426 166 240 207 466 88 406 706 720 860 420 268 610 700 117 170 830 5263,651 words
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737 1987-10-12 16 CHARLES SAVAGE - Singapore P L 4 By CHARLES SAVAGE SELECTIVE bargain-hunting in blue chips alternating with profit-taking was the main feature in a lacklustre Singapore stock market last week. Gainers outstripped losers by two to one. Continuing the previous week's rise, the market opened last week737 words
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354 1987-10-12 16 mW K.Lumpur -M 4 MBT BLUE CHIPS and quality counters dominated the limelight on the Kuala Lumpur stock market laat week. Lower-liners also managed to gather some support but this was more noticeable only on Friday. The New Straits Times Industrial Index surgedMBT - 354 words
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330 1987-10-12 16 r vlAustralia S: m 4 AFP THE AUSTRALIAN share market closed easier on Friday in lacklustre trading after a mid-week plunge followed by a recovery as bargain-hunters moved in, brokers said. Relatively static bullion prices, a record one-day decline on WallAFP - 330 words
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Article500 1987-10-12 16 JULIANA TAY - compiled by JULIANA TAY Week ended Oct 9 CORPORATE DEVELOPMENTS DBS Land's public issue was subscribed 7.5 times based on the 142.5 m shores available to the public in Singapore. Insurance Corporation of Singapore is increasing its stakes in three reinsurance-linked companies RMCA Holdings Pte500 words
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738 1987-10-12 17 RAY HEATH - London j From RAY HEATH AMERICAN stock markets should have been a major malevolent influence on London markets last week. So should changes in American interest rates. The relatively calm response by UK equities and government bonds to events in New York suggest738 words
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Article331 1987-10-12 17 |o| T kyo AFP PRICES on the Tokyo stock market continued to surge last week, with the Nikkei Stock Average hitting a record high. The 225-issue Nikkei Average. a 766.59-yen winner the previous week, added 576.32 yen to close the week at an all-time highAFP - 331 words
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Article594 1987-10-12 17 Vj— j New York l/J FT ROBERT PRECHTER, the Elliot Wave theorist whose dramatic predictions of ev-er-rising stock prices have been the flavour on Wall Street for almost as many months as this five-year old bull market has been romping along, says he was misunderstood. WhenFT - 594 words
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290 1987-10-12 17 SHIRISH NADKARNI - by SHIRISH NADKARNI DULL trading and lack of enthusiasm prevailed on the Bombay Stock Exchange. There has been a precipitous fall in the volume of trading. As against an average daily turnover of RS 100 million about a month ago volume of activity290 words
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Article, Illustration1222 1987-10-12 17 Sharp fall on Friday drags Hang Seng Index down 49 points *1 t i Hongkong y_ DBS Securities HK MARKET SENTIMENT was generally mixed last week with the Hang Seng Index fluctuating between the 3,850 and 3,950 range. The market came down onDBS Securities HK - 1,222 words
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Page 17 Advertisements
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Advertisement936 1987-10-12 17 BANK OF INDIA (Constituted in India) BALANCE SHEET AS AT 31ST DECEMBER 1986 CAPITAL ft LIABILITIES PAID UP CAPITAL (wholly owned by the Central Government) RESERVE FUND OTHER RESERVES DEPOSITS AND OTHER ACCOUNTS BORROWINGS FROM OTHER BANKING COMPANIES, AGENTS ETC BILLS PAYABLE BILLS FOR COLLECTION BEING BILLS RECEIVABLE as per936 words
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COMPANY NEWS
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516 1987-10-12 18 NAJEEB JARHOM - Prospects look promising, says chairman By NAJEEB JARHOM SINGAPORE-BASED Sime Shield Investment Holdings Pte Ltd, whose main businesses are general insurance, reinsurance, underwriting of medical insurance and travel agency, has chalked up an impressive 295 per cent rise in pre-tax profits to $9.49 million in516 words
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196 1987-10-12 18 Bernama FAR EAST ASSET Bhd's (FEA) shareholders have been urged to approve the company's proposed sale of Pantasia (M) Sdn Bhd to Zarib Holdings Sdn Bhd and Sisma Sdn Bhd for M 51.73 million cash at a shareholders' meeting on Oct 28.Bernama - 196 words
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206 1987-10-12 18 Bernama METROPLEX Bhd (MB), which intends to acquire Metroplex Holdings Sdn Bhd (MHSB) through a share swap, said shareholders of MHSB will undertake to repay MHSB's consortium loan prior to the completion date of the acquisition. In a reply toBernama - 206 words
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Article82 1987-10-12 18 Reuter CHINA ENTERTAINMENT and Land Investment Co Ltd will acquire the listing right of Road Holdings Ltd, a unit of the USbased Inchape PLC. for the flotation of a yet unnamed subsidiary. A joint statement by China Entertainment, Road and Inchape's branch Inchape (Hongkong) LtdReuter - 82 words
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Article, Illustration511 1987-10-12 18 mm™ By HOCK LOCK SIEW THE STOCK EXCHANGE authorities on both sides of the Causeway would find it hard to dismiss two interesting conclusions arising from the introduction of the new share delivery and settlement rules by the Stock Exchange of Singapore. The first is thatBy HOCK LOCK SIEW - 511 words
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705 1987-10-12 18 MBT CHOCOLATE PRODUCTS (Malaysia), which returned to the black in the first half of this year after two years of losses, will continue to bank on its core business of chocolate product manufacturing and trading activities for further profit. (The group had reported group earningsMBT - 705 words
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Article394 1987-10-12 18 HK Tin profits down HONGKONG TIN Corp (M) Bhd suffered a 77.6 per cent drop in group post-tax profits to M$489,000 (MS2.19 million) on turnover of MS15.07 million (MS25 million) for the year ended June 30. 1987. Earnings per share plunged to 1.1 cents (4.9 cents). Directors are394 words
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Page 18 Advertisements
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Advertisement541 1987-10-12 18 6th NATIONAL PRODUCTIVITY CONGRESS 27 28 Oct m It does not matter what the Industry is... whether the product is semi-conductors or turbines... or if it 'is Services like hotels, parts distribution SURVIVAL is Dependent on QUALITY, f V Speakers at the Congress will present papers on the sub-themes of541 words
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Advertisement73 1987-10-12 18 Coffee at UCC Fountain Cafe. (iriKJin up at Saloon de Yamano. Lunch at Tung Lok Shark's Fin. Grab a novel at Books Kinokuniva. Shop at Da imam Dept Store and Supermart. Work out at Riverside Fitness Centre. Dine at The New Otani Trader Vic's t T mvind at your apartment73 words
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WORLD MARKETS
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Article988 1987-10-12 19 New York Reuter WALL STREET stocks tumbled in moderate trading last Friday, setting a record for the most points lost on the Dow Jones Industrial Average in a week. "The stock market decided it could ignore the rise in interest rates no longer," said JohnReuter - 988 words
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Article752 1987-10-12 19 I London Reuter SHARES WERE easier in quiet afternoon business on the London market last Friday, with prices again following "the opening fluctuations on Wall Street in early business there. By 1412 GMT, the FTSE 100 index was down 21.5 points to 2,354 after a low ofReuter - 752 words
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197 1987-10-12 19 Reuter BRITISH companies spent US$24 billion in the first nine months of 1967 on a buying spree of US companies, according to a Lon-don-based stockbroker. Hoare Govett, a unit of Pacificorp of the United States, said in a study that, in the whole ofReuter - 197 words
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Article1014 1987-10-12 19 Amsterdam OCT 66 U ABN AJSW Akzo Alranta AMCV Amro Bank Am Stad B*rk0i BOLS 0orwwl(. Buthrmtn TaOar Calva Elaavtar Fokkar Gamma Ollbroc Moooovaoa Hunoou Intarnatto MuaOa KLM Kluwar KNP 46.00 86.60 100 00 172.30 147.90 57.60 80 30 new 13.40 137.80 117.80 oda. 62.90 •17 57.00 57 SO 71.801,014 words
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Article, Illustration295 1987-10-12 19 Reuter FORD MOTOR Co has announced that it will acquire United States Leasing International in a US$5OO million deal. Under the terms of the agreement, Ford will buy USL's 7.384,000 outstanding shares of common stock for US$6B each, the companies said in aReuter - 295 words
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Page 19 Advertisements
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Advertisement196 1987-10-12 19 ANNOUNCEMENT OF RELOCATION BOOZ-ALLEN HAMILTON Management Consultants Pte. Ltd. is pleased to announce the relocation of its Southeast Asia Regional Headquarters to larger premises at: It Collyer Quay #•*4l Ocean Building Singapore MM Tel: 535-ttM (12 lines) Fax: 535-52 M Tlx: RSSMI3 BAHSIN Booz Allen A Hamilton is one of196 words
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Advertisement592 1987-10-12 19 NOTICES MIKE NOTICE IS HEREBY GIVEN that, I Lee Choon Loy of No. 151 Serangoon North Ave 2 #01-15 Singapore (1955), have applied for a RETAIL LIQUOR SHOP licence in respect of premises at M/s. Keong Heng at 151 Serangoon North Ave 2 #01-15 Singapore (1955), and that this application592 words
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Advertisement498 1987-10-12 19 In the Matter of The Com pant— Act, Cap. SO And i f.VT ENTERPRISES (PTE) LTD (In Member*' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at SO Jin. Saltan #21-04 Jin Saltan Centre, S'pore 0719 on Tuesday, the 6th day of October,498 words
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Advertisement389 1987-10-12 19 (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 102 Upper Cross Street, #07-02 OO Building, Singapore 0106 on 8 October 1987 at 2.30 pm, the following special resolution was duly "THAT the company be wound up voluntarily and that Mr389 words
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LATE FILE
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Article37 1987-10-12 20 UPI US Secretary of Energy John Herrington yesterday said the Gulf Arab states deeply appreciated the US resolve to protect Gulf shipping and were providing "substantial" help to American naval forces. UPIUPI - 37 words
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Article37 1987-10-12 20 AP A BURMA Airways jet exploded in the air and crashed near the central Burmese city of Pagan yesterday, killing all 49 people aboard, including 36 foreign tourists, the government said. APAP - 37 words
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Article37 1987-10-12 20 Bernama ABOUT 313 officers and men from Britain, Australia, New Zealand, Singapore and Malaysia began a three-day exercise in Malacca yesterday to practise command post procedures and tactics in a Malaysian setting. Berna-Bernama - 37 words
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Article34 1987-10-12 20 Reuter THE SOVIET Union is prepared to eliminate any proven superiority in Warsaw Pact conventional forces over Nato, the chief Soviet arms negotiator in Geneva said yesterday. ReuterReuter - 34 words
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Article41 1987-10-12 20 Reuter FORMER Indian president Zail Singh, 71, whose term as head of state ended on July 25, suffered a heart attack yesterday while on a tour of Uttar Pradesh, the Press Trust oF India reported. ReuterReuter - 41 words
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Article34 1987-10-12 20 Reuter INDIA'S peacekeeping force in Sri Lanka yesterday imposed an indefinite curfew on Jaffna, the stronghold of Tamil guerrillas, and ordered its troops to shoot curfewbreakers on sight. ReuterReuter - 34 words
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316 1987-10-12 20 THE Singapore Science Centre, which has consistently been receiving more and more visitors, has started making attempts to reach out to tourists. According to the centre s latest annual report, in the financial year 1986/87 (ending March 1987), there were 578.550 visitors.316 words
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Article, Illustration1069 1987-10-12 20 PATRICIA M SCHERSCHEL - Expansion reflects growing interest of Japanese institutions in Asean By PATRICIA M SCHERSCHEL ONE OF JAPAN'S indeed one of the world's largest banks is moving into the merchant banking business in Singapore. The Industrial Bank of Japan (IBJ), which already operates1,069 words
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Article124 1987-10-12 20 SIR Kingsford Dibela, the Governor-General of Papua New Guinea, arrives today tor a tour-day state visit at the invitation of President Wee Kim Wee. The governor-general will be accompanied by his wife and officials. They will call on the president and Mrs Wee today and124 words
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475 1987-10-12 20 LIM SOON NEO - By LIM SOON NEO NOW THAT it has met the quantitative demands, the Vocational and Industrial Training Board (VITB) has turned to excellence in vocational training. Disclosing this in the VITB's latest annual report, chairman Dr Tay Eng Soon475 words
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193 1987-10-12 20 Reuter TWO parties from Malaysia's ruling National Front coalition joined opposition politicians and Chinese associations yesterday to protest against what they saw as a threat to Chinese-language education. The protest, attended by 2,500 Chinese nationwide, follows a month-long controversy over the Education Ministry's moveReuter - 193 words
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164 1987-10-12 20 Bernama THE MCA was yesterday asked to state its real stand on its position in the National Front following its statement expressing preparedness to support a DAP motion if the NF fails to resolve the issue of promotion of non-Chinese educated teachersBernama - 164 words
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Page 20 Advertisements
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Advertisement946 1987-10-12 20 Training Design Singapore, November 23 27, 1987 Training staff are increasingly being asked to design training programmes that will either be run in-company, at an external institution, or a combination. To obtain maximum value from the investment in training, well-structured programmes must be designed and implemented. This workshop will explain946 words
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SHIPPING TIMES
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483 1987-10-12 21 JUNE LIM - By JUNE LIM AN EXTRA US$25O will be placed on 40-ft containers moved on conference vessels from the Far East to the US next March. The decision waa reached by owners of three major conferences, the Asia North America Eastbound Rate Agreement483 words
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162 1987-10-12 21 Reuter THE WORLD BANK has approved loans totalling US$BB million to assist China on a project to relieve congestion at Huangpu harbour, China's largest southern port. The bank said it will loan China US$63 million and the International Development Association (IDA), the WorldReuter - 162 words
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198 1987-10-12 21 THE UNITED STATES Federal Maritime Commission has agreed to give 13 trans-Atlantic shipping lines limited immunity from prosecution in return for a US$2 million settlement for alleged violations of US maritime laws, said Lloyd's List. But, added the report, investigations involving other unnamed198 words
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PORTSIDES
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Article75 1987-10-12 21 Reuter ANTWERP will match tariff cuts to be made by Rotterdam for container ships making second calls, Port Alderman Jan Devroe said. Rotterdam announced recently that it was increasing tariff reductions for such ships, which have already offloaded part of their cargoes in a nearby port, toReuter - 75 words
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Article95 1987-10-12 21 AP A CHARTER fishing boat carrying 62 people caught fire on Saturday, forcing all aboard to jump into the Atlantic Ocean, the US Coast Guard said. All 62 people aboard the 16-m Captain Jim were believed to have been rescued safely by other vessels. The boatAP - 95 words
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Article, Illustration693 1987-10-12 22 HK's container freight station Phase 3 may become necessary Fairplay ASIA TERMINALS LTD's managing director, Mr David Allen, and its business development manager, Mr Philip Young, have completed their world tour to promote the company's Hongkong container freight station (CFS) in London recently, saying that Phase 2 of the projectFairplay - 693 words
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257 1987-10-12 22 Reuter IRAQI warplanes attacked a ship, believed to be an Iranian-operated tanker, and mainland Iranian oil sites on Saturday, keeping Gulf tensions running high. Regional shipping sources said contact was lost with the 32,220ton ne Liberian-flag Mykonos, operating off Iran, at about theReuter - 257 words
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Article892 1987-10-12 22 AB Shpg V 5 ABC Contain*' VW 1 Accord Shpg VI 3 Ahranttal Liner 1 Africa Ocean XII 2 AMtronj VII 3 AC Toepfer n 5 Americoin Tpt XH vs Anro Service IV 2/3 Arrow Unas n 5 Auon Ocaon VI 3 Alias Lin* X 5 AMI892 words
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Article1293 1987-10-12 22 RATES sppear to be holding fairly steady for grain shipments out of the US on Thursday with U559.35 understood to have been sgreed for hesvy grsin business from the Gulf to Ant-werp-Rotterdam-Amsterdam -Ghent sgsinst a Baltic subindex of $9.25, shipbrokers said. Market rumours that the higher level of1,293 words
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379 1987-10-12 23 KINGSLEY WOOD - From KINGSLEY WOOD AUSTRALIAN wharf workers have entered the stevedoring business in a number of co-op-erative arrangements. It is the Waterside Workers' Federation answer to pressure for change on the waterfront and also a bid to provide new work avenues for members likely to379 words
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278 1987-10-12 23 Lloyd's List THE LUXEMBOURG government has expressed confidence that it would have draft legislation for a European shiprepair register in the next 12 weeks. The Minister of State for Foreign Affairs, Mr Robert Goebbles, said he was hoping that the new register couldLloyd's List - 278 words
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175 1987-10-12 23 UPI NEW CONVENTIONS on better employment conditions for merchant seamen were agreed on Friday at the end of an International Labour Organisation (ILO) maritime conference. The 16-day session was attended by 700 government, shipowner and seafarer delegates from 77 countries. OneUPI - 175 words
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115 1987-10-12 23 AFP AN AMERICAN toxic in-cinerator-ship, the Vulcanue 11, which was to have begun burning 2,000 tonnes of chemical waste 0« the north Yorkshire coast on Sunday, was rerouted to Belgium after being tailed for several days by Greenpeace ecologists. Last week the Spanish govr ernment,AFP - 115 words
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8079 1987-10-12 28 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 Singapore8,079 words
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Article1146 1987-10-12 29 AT CONVENTIONAL WHARVES Megoh Brooke J3 1210/2330 14.10/1500 Poh Aik 12/B J3 12.10/0800 12.10/2300 Vlilil Bwfl 1 Arrival Depcriun k Sari Samudra Jl 12 10/1200 13 10/1200 KEPPEL WHARVES Sri Now Hua 2 J2 1210/0700 13.10/0700 Adelfa <34 alongside 17.10/2300 MARINA WHARVES FE Pilot K17 alongside 12.10/15001,146 words
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Article1996 1987-10-12 30 A—B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrane Express. American President1,996 words
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222 1987-10-12 32 FT THE EUROPEAN Commission hat launched a legal attack againat a bilateral shipping accord between Italy and Algeria lata than a month after it was authorised by member states. "The Brussels authorities have asked the European Court of Justice to block plansFT - 222 words
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Article1084 1987-10-12 32 PRICES for ship demolition paid by Taiwanwese breakers continue to rise with the latest business reported to be the Achilles, steam tanker of 289,195 dwt and built 1977, resold for about US$25O to US$25l per light ton. The vessel was previously bought by an unnamed concern in September for1,084 words
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160 1987-10-12 32 Reuter THE BALTIC and International Maritime Council (Bimco), representing over halt the world s merchant shipping tonnage, said it complained to the European Commission over a Portuguese law giving preference to Portuguese ships. The law, which took effect in January, lays downReuter - 160 words
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Page 21 Advertisements
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Advertisement708 1987-10-12 21 mm, How S.K. Asia upset the logical tt>st hilarious, tragic dangerous Available at all Good Bookshops STP Distributors 2 Juiong Rom 2391 f at r*+ WW// OiyENT Oveiqeas QtUaitm Line DINE SNIPfING AGENCIES (R«. Ho. 242*4/ 00K> 200 CantoMMnt Road #12-05 Souttpomt, Support 0208 Td 221K)11 TELEX NO RS *****708 words
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Advertisement102 1987-10-12 21 umiidb ASIA TERMINALS LTD's managing director, Mr David Allen, and its business development manager, Mr Philip Young, have completed their world tour to promote the company's Hongkong container freight station (CPS) in London. Page II AUSTRALIAN wharf workers have entered the stevedoring business in a number of co-operative arrangements. Page102 words
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Advertisement333 1987-10-12 21 AwlMj'f *41 Good Bookshop* Published by CinibhdQt STP Distributors MAERSK LINE TRANSIT TIME TO CHARLESTON REDUCED BY 5 DAYS 39 DAYS FROM SINGAPORE 34 DATS FROM PORT KELANG DATS FROM PENANG Voy S'por* Tha week Ander* M Clowng Tune CY 14/10 2300 MRS CFS 14/10 1300 HRS To Europe—UK Scandinavia333 words
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Page 22 Advertisements
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Advertisement502 1987-10-12 22 13 CSAV Ccrrpjnij Sud American j do I jpcrcs S A. C*" *\trt l ir*> 03 COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT Vi "iil.Vit riTii T \i' w i (Aartwt. O ROTTER DAM ETA FTUXSTWK ETA i Mi tmm502 words
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Advertisement17 1987-10-12 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement350 1987-10-12 22 MTO MARITIME TRANSPORT OVERSEAS GMBH EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT of LOG LA CMESNAIS ImminfhamHamburj ANGELE N Hamburg EPOS Cijon-Bilbeo TBN Antwerp-Hamburg-Tees ide-Sarrtander TIN Baltic-Hamburg Further loed/dtschergmg ports en route subject to sufficient moucement lUn« ManWe Import Maayaa Sti M T* *****50 Th ***** MTM Fa*. *****02 rt HmmmmM350 words
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Page 23 Advertisements
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Advertisement1051 1987-10-12 23 The Straits Steamship Group Mansfield Container Shipping PteLtd Djtnn p& rOJVAAL Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICES TO/FROM BANGKOK COHTAINERSHIP SERVICE TO UK/CONTMENT: PEGASUS PROGRESS PEGASUS PROGRESS BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 MI >' [rf.U'l;!*i »y?.i ;f.Y. /■l.w.iJ'l-lil'iil 3 Also1,051 words
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Advertisement641 1987-10-12 23 Mitsui O.S.K. Lines H«ad Offic*: Tokyo. Japan AGENTS MITSUI O S K. LINES (SINGAPORE) PTE LTD TEL *****11 (16 LINES) Malaysian Shipping Agencies Sdn Bhd Port Kelang *****11/2/3/4/5- Penang *****1/2/3. KL *****11 EUROPE if TM iT.ia n.n mi mi ia.ii IF 7M Mil 21.11 22.11 an till ■F 7N 1111641 words
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Page 24 Advertisements
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Advertisement180 1987-10-12 24 fONTAINERSHIP SERVICE TO UK CONTINENT CONVSEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MEO EUROPE "I I CONTAINERSHIP SERVICE FROM UK,CONTINENT BIRKART SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MA ***** ACCEPTING CARGOES FOR THE FOLLOWING PORTS US180 words
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Advertisement703 1987-10-12 24 Si |N* tun smw* CM'—* rita FULLY CONTAINERISED SERVICE 10 fUROPE VIA S.U£zTT* Mrmhff nt the Acp Como'tium ALSO CALLIM ANTWERP VIA ROTTERDAM PKILAM CTKS VIA FECOCR VtSSCI FROM I'JROPf Vlft SUf/ J O' Ihf *cf Consorl. l m. S'pwi H Kanf CHINA CONTAINER 411 71/10 24/10 VERRA2ANO RRIDCE M703 words
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Advertisement473 1987-10-12 24 FREIGHT LINKS EXPRESS PTE LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT ACCEPTING FCL/LCL TO JAKARTA 17/10 24/10 HONG KONG 17/10 23/10 BANGKOK 17/10 24/10 KEELUNG/KAOSHIUNG 18/10 25/10 MANILA 16/10 ft 25/10 BUSAN 15/10 ft 22/10 TOKYO/YOKO 16/10 ft 25/10 LOADING FOR SYD. MEIB. A LYTTLETON. OUNEDIN LE473 words
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Advertisement1124 1987-10-12 24 auirrmu i irionaay, utiooti EVERGREEN Full Container Service Rou n d-T he M W or |d E as t Bound (FE/CARIB/USEC/EURO/FE) HW W l(U n,. ever gentry iv* ivu ana am ever cumt iw am sw w mi qolden a/u 1/11 irn vu EVER GROWTH 11A1 Wl 17/U MOl tvw1,124 words
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Page 25 Advertisements
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Advertisement639 1987-10-12 25 PACIFIC INTERNATIONAL LINES wW\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE RATAMA BHUM SEA HAWK MA HAWK BANGKOK CONTAINER SERVICE VESSEL VOY SIN MY SMQ SIN BLW KM INTEGRA (70* SM SM SM 11/10 14/10 10/10 SEA FORTUNE 0730 Sid639 words
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Advertisement245 1987-10-12 25 ra i NORBUL NORBULK CARGO SERVICES LTD. r* REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS I Villi.t TO: INDIA/PAKISTAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL 222W66 KL PH SP YEO SHPG TRDG Kl '&***** PK *****01 PENANG TANJONG MARINE SON BHD TEL SABAH TRANSPAC KK TEL245 words
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Advertisement470 1987-10-12 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Tat* fa, Takia Eimu HON HAM (HAVEN ROM HAWK »oi 001 moi moi uoi w MI mi mi uai MOl 2*ll 22/11 22/11 mi 2*U 2*ll 2701 27/11 2*ll 1/U *12 *U *12 702 *12 I*l2 12/12 12/12 14/12 I*l2 I*l2 17/1!470 words
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Advertisement645 1987-10-12 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. GESURI LLOYD P.T. SANUDEIA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES VIUtUVUT MTUMMMB KUTM/lJn CANOA ntAKTlfim t PMUANbITM SRIWIJATA/SM S POtt 0H.04 12-14/ M 2S-27/M uiyu 20/12 tt-M/ii wrr*»p ADAMiU'DAH MRUHG/OREMEN Subf*ct to lnduc*m*nL A too Mctpttng cargo to645 words
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Advertisement450 1987-10-12 25 BOUSTEAD SHIPPING AGENCIES LASH 10 vat •MAGWE VI HTONEYWA V22M PAGAN VII9W loading for Europe Discharging only BURMA FIVE STAR. SHIPPING COBPORATION (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok 11/13 Oct 25/77 Oct mi Oct 11/20 Oct 20/22 Oct £3 BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND450 words
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Page 26 Advertisements
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Advertisement1388 1987-10-12 26 SHIPPiriG-OflTfl ATLAfITIC COAST (Round-The-World Service) RAINBOW BRIDGE V 9 NEPTUNE GARNET Vll •VIA FEEDER •PK/PNG SPORE Sld 16 Oct 17 Oct 23 Oct PACIFIC SDUTH-LUEST NYC HFX 21 Nov 25 Nov 2S Nov 2 Doc LA/LB OAK CHICAGO NEW YORK I Nov 11 Nov 12 Nov 15 Nov 13 Nov1,388 words
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Advertisement678 1987-10-12 26 AUSTRALIA EXPRESS CONTAINER SERVICE Aee*ptt«»fl FCL/FCL Contain*™ p *»Un« jlnw Voml S pan I IMb Frmn Sjrdr Ate i T PtAFUILA" ViS 24 Oct 9 No* II It No« AM/tns CHANDIDAS' VJ» 12 No. 27 No. (Ok 4Dk AM Bra V PMfULLA" ¥.28 28 Wo, 14 Dk 23 Dk 21678 words
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Advertisement692 1987-10-12 26 GOLDEN LINE GtMN GUAN SUPPING (PTE) LTD 73. W Apr Street satupo« 0104 m smjmi <10 lhsi f*i: SWW STRAITS/PERSIAN GULF SERVICE: 001OCN MAVEH Colombo/MrjdWOub* QOtDCN Mi CaMa/KaradN/Dubei CHINA SERVICE A VESSEL H«nkan|/StMnftoi Sport M a/a Oct 11/12 Mm via on "a ss 1 as. as tssr "B 85 JB692 words
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Advertisement461 1987-10-12 26 snirrimvj iiauiS, raonaay, uaouw i*. PHILI OHKNT LIN€S PT€ LTD HEAD OEEICE 63 ROBtNSOt* ROAD '0? '2 Af RO ASIA BUHDING SINGAPORE CICS TELE RS ?S7PO PHitl (A* ??55f>76 n UK/EUROPE SERVICE ft/U UM. F STOWE. TON. TILBURY Ml WEEN. II nvi. m burg n dam genoa it i i461 words
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Page 27 Advertisements
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Advertisement976 1987-10-12 27 Agents Sport Ttl No P Kalang NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 *****19 *****1b uuau uiuv *****11 *****41 NEPLINE SON BHD KMM7 SSSIf?« NEPLINE SDN BHD »***** ENQUIRIES 27*7144 NEPLINE SDN BHD umsiunmiMliWW NEPLINE SDN BHD 2M040/2M041 r976 words
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Advertisement563 1987-10-12 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON Vmml i Name No 7 Donam TOON No I Donam/707N No t DN/710N No I ON 7WN II Ent«rprl*e/714N No 7 Donam 7o9N No 9 Donam/TOON S HOHI AGJNIS NIPIUNI AG( N( II S HTI 1563 words
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Advertisement540 1987-10-12 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANC PCMANC M/S HANDLING SYSTEM CO SON BHD MESSRS NAI THONG SHIPPING 127 Pcn»w Stram Pmimu540 words
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Advertisement20 1987-10-12 27 A LCL/FCL TO kTTT Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT: SINGAPORE TEL *****11 (15 LINES) BANGKOK TEL 2S3BM-520 words
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Page 28 Advertisements
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Advertisement389 1987-10-12 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 225 6868 (30 Lines* FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD Vtß DE UTF R ACHT/SEE REEDE RE I ROSTOCK INTEGRATED FULL CONTAINER SERVICE TO EUROPE fAHRLAND 7*7 21/10 ARKONA 4/I7E TMAEUBAN I/B7 I*ll •VIA COLOMBO: Accepting389 words
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Page 29 Advertisements
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Advertisement307 1987-10-12 29 -.-to IST CI ASS CONTAINER TRANSPORT ScanDutchV TO EUROPE (UK-NORTH CONTINENT-SCANDINAVIA) WEEKLY TO RED SEA EAST MEDITERRANEAN WEEKLY una *10 1/10 10/10 ISO Luzon/040 114/10 17(10 wo IVM 17/10 SO C«llia/830 HHo 2/11 'tfl «ai uai Sni Ti SS W *****52. .20? l*H w m m 1/11 a/io a/io 1/11307 words
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Advertisement792 1987-10-12 29 EAST BOUND SERVICE ETA S PORE LOAOINC FOR ■V BASRAH IS/10 (P KELANC) JAPAN «V BABYLON 25/10 JAPAN WEST BOUND SERVICE ETA S'PORE LOADING F0« mi ALFARABI 20/10 JwkUh A«abi Ba MV ALRA2I JOaO Jaddah Aaab* BJ THROUGH B/U to BAGHDAD UPON REQUEST ALSO ACCEPTINC CONTAINERS UPTO AQABA i BAGHDAD792 words
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Page 30 Advertisements
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Advertisement87 1987-10-12 30 Egyptian International Shipping Company «*•> SE«VING DIKCT TO/FROM ROUT SUEZ, ALEXANDRIA, AND PORT SAN) BY EGYPTIAN FLAG VESSELS WESTBOUND TO EGYPT M.V. 1MB" 14* ETA MM It I ACCEPTING COWTAaCR AND CONVENTIONAL CANOOCS STORE AOENT KAWASAKI STORE (PTC) LTD 149 CECS. ST m+l OS SUM STORE *1M m 221M77 TLX87 words
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Advertisement81 1987-10-12 30 P.T. TYTYAN SAMODRA SHIPPING COY BATAM Vessel POH AIK 12 Sailing KEMIT DUMAI RUMBAI Vessel KEMIT Sailing Every Monday Every Wednesday (Fortnightly) Every Tuesday (Fortnightly) Envi Services Pte Ltd Tel: *****55 Tlx RS ***** ENVISV Fax: *****28 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/SEMARANG/PANJANG/CIGADING/BENGKULU VSI ETA ETO LOADING FOR81 words
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Advertisement528 1987-10-12 30 FINE UNKR SIIII'IMNC; I'TK I.TI) '0 SHenton W)y ft 4 0?C Mirint Hou'.f* S pnre 0?0/ TFI ??S ?5 *077 (6 line 1 TLX RS ??M1 FUNfR TAX HUM, KUROI'K SERVICE I ilH"'.'. T —i t,T 92? ISM I*" ingi imai iaru I«M2 let/u |a/u lam IFAR EAST SERVICE MIDDLE528 words
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Advertisement354 1987-10-12 30 ZIM FULL CONTAINER SERVICE accepting FCLVLCL urnn to USA East t West Coast Carribboan.East Canada, HAITI, Port Au Spain, Barbados N ST. LUCIA im AUSTRALIA CONTAINEIK SERVICE ZIM PIRAEUS I mo Ziaa CILAT 27/10 ZIM KAOSHIUM ACCEPTINB CARQO TO AOELAIOE VIA MELBOURNE ADO ALSO PCI TO MAM. r* ZIM EILAT354 words
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Advertisement387 1987-10-12 30 Everett Lines DAVAO* AND TO OTHER REP. OF PHILIPPINES PORTS* Hnnt P. Man? Sinppore MANOLOEVERETT 3*31 fet MURRAYEVERETT 10/11 Nov 'JONNEVERETT 1«/1J No* LOADING FOR CHITTAGONG, MONGLA (CHALNA) AND CALCUTTA#, ALSO ACCEPTING CONTAINERS TO CHITTAGONG AND CALCUTTA# Simeon P. KtUnf Pwunf* THOMASEVERETT 21/30 Oct 31 HUGH EVERETT 6/1 Nov <387 words
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Page 31 Advertisements
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Advertisement154 1987-10-12 31 Hamburg West Germany Tiger Line VESSEL SCHWABENLAND LOTTE SCHEEL PRELUDE LOTTE SCHEEL SCHWABENLAND PftELUOE VOY SIN CALCUTTA MA Oft AS V 5 SID 11-15 OCT V 25 SLD 12 OCT V i 14-15 OCT V II OCT 23-25 OCT 2S-29 OCT V 7 25 OCT VI 2S-JOOCT Agents: BtN LINE154 words
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Advertisement119 1987-10-12 31 itPERCH OCEAN LINES u (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S'PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WFFKI Y HAIKOU, ZHANJIANG ~!*7'' XINGANG, QINGDAO SAILINGS SHANGHAI OTHER PORTS SINGAPORE AGENTS: PKELANG/KLUMPUft AGENTS: RAPID SMPPWO W1« LTD FORTRAMt WVJCH V* TEL: *****44 TLX: 22*5 TEL 71J7W/ *****67 CONSOLIDATION119 words
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Advertisement154 1987-10-12 31 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE a SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA PANJANG HA ETD ETA ETD ETA ETD RATU 4S 4S 16/10 17/10 21/10 KONSORTIUM 50-51 23/10 25/10 27/10 2MO 52 53 30/10 1/11 3/11 5/11 PRABHKATI 102-103 14/10 15/10 17/10 11/10 11/10 15/10 104-105 21/10 22/10 24/10 25/10154 words
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Advertisement1167 1987-10-12 31 COMPANY OF SAUDI ARABIA REGULAR WO-WQ SERVICE TO MIOOLE EAST Accapting IwIMmM. Wo/Wo, Containan ft FCL Containari for Sharjah, Doha and Riyadh. REGULAR RO-HO SERVICE TO USA/CANADA imuw.mitXZ II Mi 1 I FXTTTMnEI Alto Accaptinc FCL Containers for Char In ton. Miami. Tampa and US Inland Points. NEW ORLEANS 051,167 words
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Page 31 Miscellaneous
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Miscellaneous176 1987-10-12 31 J Regional Weather I 3 zA V V" M S > 05 m ■5i 7 sss Ik SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c^, Wind direction with speed m knots Wove height LEGEND R Thunderstorm Temperature c X\ A Qwer Weather Wind direction with speed m176 words
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Page 32 Advertisements
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Advertisement215 1987-10-12 32 Hai Sun Hup Co (Pte) Ltd TFi *****06 120 Lines) TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION KK SPOKE PK Pt REU DSN CT fiOLOCN COAST V7s* In Pt 16/10 20/10 6/11 1/11 13/11 22/11 *Mm calls LL A P.E. GENERAL AGENTS: HAI SUN HUP215 words
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Advertisement428 1987-10-12 32 SMN SOCIETE MAURICIENNE DE NAVIGATION LTEE INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE 30/10 Pt Louis, Reunion, Durban, Capetown, Pt Elizabeth, Tamatave Genera! Agents SEALION SHIPPING(S) PTE LTD TEL *****81 (5 lines) TELEX RS34 354 SELION FAX *****41 Ahik a Oct an Li*ts Lid. VESSEL ETA SPORE Loading for MV428 words
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Advertisement225 1987-10-12 32 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY HO S PORE ETA KEQUNC CON-CARRIERS 14/17 21/10 27/10 CON-CARRIERS 17/17 77/10 2/11 CON-CARRIERS 11/07 4/11 10/11 WEEKLY CONSOL SERVICE TO MELB/SYDNEY HD S PORE ETA SYD ETA KLI CON-CARRIERS 23/17 14/10 5/11 VU CON-CARRIERS 24/17 27/10 10/11 20/11 Alto tccaptmg225 words
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Advertisement1021 1987-10-12 32 SSB CALL US ATt P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 1 K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****4 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER I. BUTANG M BUTANC S3 *****231 r: yy rm JUTLANDtA OTHER DESTINATIONS: AARMUS, AMSTERDAM. ANTWERP, BASU. BREMEN1,021 words
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