The Business Times, 2 November 1987
1987-11-02
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The Business Times
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Title Section11 1987-11-02 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, NOVEMBER 2, 1987 75 CENTS11 words
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641 1987-11-02 1 ALVIN TAY - Aggregate profits totalled $1.24 billion last year By ALVIN TAY Banking Correspondent CONTRARY TO market expectations, about two-thirds of Singapore's 200-plus financial institutions remained profitable last year, raking in total earnings of $1.24 billion. A survey by Peat Marwick Management Consultants found that slightly641 words
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547 1987-11-02 1 Agencies TWO WEEKS after Black Monday, a semblance of stability has returned to the world's stock and money markets. Most of the world's major stock markets closed last week generally firmer while the American dollar recovered following days of weakness. Asian stock markets, includingAgencies - 547 words
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176 1987-11-02 1 Reuter OPPOSITION politicians and social activists in Malaysia have called for the immediate release of Malaysians arrested under a law allowing detention without trial but three more people were held on Saturday night, bringing the number of detainees to 91. Officials sayReuter - 176 words
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Article, Illustration404 1987-11-02 1 JEFFREY TSANG - By JEFFREY TSANG YOUNG PROFESSIONALS aspiring to become experts should not be looking out for short-cuts, but looking at each exposure as a learning opportunity. This is the advice of a man who started out as an engineer and climbed404 words
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426 1987-11-02 1 BOEY KIT YIN - By BOEY KIT YIN THE STOCK MARKET crash in the last two weeks may become a blessing in disguise as American congressmen, in the midst of shaping a trade bill, may think twice about certain protectionist provisions, said US Trade426 words
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Page 1 Advertisements
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Advertisement365 1987-11-02 1 Need a car or truck loan? CALL W\YIOO\G 737-7977 Wa\ lixmg Mortgage And h naive (SI Lid A whollwmnci) suh\idiar\ ot HoimkoncHjnk f» C Ijvmorc Mill #OV(H ClavnHtrt Pla/a Sinjtapore 1N22 MANAGEMENT i AMERICAN securities firms all have their management problems, ranging from losses on trading securities to criminal investigation365 words
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Advertisement268 1987-11-02 1 MARKET REVIEWS MONEY EXCHANGES COMMODITIES AIRCRAFT SCHEDULE CROSSWORDS TV RADIO BRISTOW DOONESBURY CHINA'S senior leader Deng Xiaoping resigned from the top ranks of the Communist Party yesterday. ASIA-PACIFIC, Page 4 THE US GOVERNMENT has reported that its economic forecasting index fell one-tenth of one per cent in September following seven268 words
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Advertisement19 1987-11-02 1 Chase overtakes Citibank, Paga 9 Shipping Timet comes as a separate section today. Make sure you get your copy.19 words
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Advertisement254 1987-11-02 1 Food&HotelAsiaBB The 6»n A*van International E«h**ton o» Food Drmfc Hotel Restaur am Catering Equipment with me 6m Fha International Sstcr. Cutmawe 13-16 April 1988 World Trade Centre Singapore Call: *****47 for more details today' Stake this out AMID THE TURMOIL in the stock and money markets, a stake in property254 words
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MANAGEMENT
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Article, Illustration1356 1987-11-02 2 RODERICK ORAM,JAMES BUCHAN - US securities firms all have their management problems, ranging from losses on trading securities to criminal investigation of junk bonds operations. But nowhere has the management been under greater strain than at Salomon Brothers. RODERICK ORAM and JAMES BUCHAN discuss the problems facingFT - 1,356 words
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Article299 1987-11-02 2 David Laecelles - By David Laecelles "WE SHOULD BE a little trimmer than we were,'' says Mr Tom Strauss, Salomon s president. who. /ttftde a flying .visit to Lont3 to explain his dota'pany's cuts. to UK staff. Bitting, jet-lagged, beside the" huge new trading room-which Satomon has constructed299 words
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Article753 1987-11-02 2 MARTIN SOONG - 3D>Jl&es By M MARTIN SOONG Title: The Titans of Takeover Author Robert Slater Publisher: Prentice Hall 230 pages THE PANACEA for dull business in the 1980 s, according to nowfallen arbitrage king Ivan Boesky, is simple. Take over two undervalued companies, and call their shareholders753 words
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622 1987-11-02 2 MARK HOROWITZ - By MARK HOROWITZ Mark Horowitz is a Chicagobased communications consultant and historian. UPI A GROWING DEFICIENCY in American business is the inability for many managers and planners to change their minds. Whether the result of rigid strategic planning or fear of losing one's job,UPI - 622 words
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Article, Illustration373 1987-11-02 2 HAVING TROUBLE borrowing money? Let an expert teach you how. Mr Somers White, a management consultant who specialises in assisting organisations to present their cases confidently, will be conducting two seminars in Singapore next month. On Dec 7 and 8. he will conduct373 words
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Page 2 Advertisements
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Advertisement156 1987-11-02 2 The RIVER VIEW-NEW ZEALAND food promotion. Now on at II Giardira v-'Ome savour our sumptuous spread of the best of New Zealand fare where you can indulge in such mouthwatering delights like Roast Rack of Lamb, Succulent New Zealand Lobsters, Navarian of Spring Lamb, the freshest Salmon Trouts in a156 words
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Advertisement239 1987-11-02 2 If yon wish to build and maintain a healthy, flourishing economy, learn to work with the cosmic energies. Further information: UNIVERSAL LIFE, Code H 1 P.O. Box 56 43, 8700 Wurzburg, West-Germany SALE BY TENDER under instructions from WHITE INDUSTRIES SINGAPORE PTE. LTD. LOCATED: SYDNEY "CMI" SFSSO Series II Slipform239 words
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MANAGEMENT
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Article, Illustration927 1987-11-02 3 TSANG SAU YIN - John Diebold a man in league with the future John Diebold, "the father of automation", will deliver this year's Annual Management Lecture organised by the Singapore Institute of Management on Nov 19. Management Correspondent TSANG SAU YIN profiles the man who, more than 30 years ago, foresaw the coming of927 words
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700 1987-11-02 3 BOEY KIT YIN - i r nUiwi IW(BF tmafl p wnpamtt grow By BOEY KIT YIN SOME QUESTIONS will be uppermost in most participants' minds at a brainstorming workshop to be held by the Small Enterprise Bureau early next year. Should small and medi-um-sized enterprise700 words
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752 1987-11-02 3 FT THE BEST WAY for the government to promote wider share ownership in the UK would be to provide cheaper capital to companies introducing employee share schemes. This is a conclusion of a survey of 110 companies conducted this summer by George Copeman,FT - 752 words
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Page 3 Advertisements
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Advertisement52 1987-11-02 3 JLW Residential .1 > A A* MHk LEASING A HOME? See our delightful selection of attractive apartments and houses to suit every budget Photo shows Luxury Regency Park, 5 mins. from Orchard Road. Call Angeline, Ai Ling, David, Peter, Mok or Hong Teck. Jones Lang Wootton PROFESSIONAL YET PERSONAL Call52 words
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Advertisement165 1987-11-02 3 An office system tailor-made to your exact requirements? fa. fymJM "4 VAf flh ■A. A 49' „> A# «os 'i|S.. Getz has got it NO TWO OFFICES ARE THE SAME. THE WAY YOU WORK, THE NEEDS OF YOUR BUSINESS, THE REQUIREMENTS OF INDIVIDUALS. LIKES AND DISLIKES, PHYSICAL RESTRAINTS OF THE165 words
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ASIA-PACIFIC
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Article, Illustration577 1987-11-02 4 Sweeping changes in leadership AP CHINA'S senior leader Deng Xiaoping resigned from the top ranks of the Communist Party yesterday, carrying out his promise to lead an exodus of aging leaders and rejuvenate the party. The names of other older party leaders, includingAP - 577 words
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Article, Illustration171 1987-11-02 4 AFP ONLY A SMATTERING of people gathered at Indira Gandhi's mausoleum in New Delhi last Saturday to pay homage to the woman who ruled the world s largest democracy for nearly 16 years before she was assassinated three years ago. The crowd atAFP - 171 words
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184 1987-11-02 4 AFP MULTI-MILLIONAIRE Alan Bond plans to hand out huge bonuses totalling As4l million (U5527.5 million) to retain the services of his top executives. Shareholders of the Bond Corporation will be asked at the corporation's annual meeting on November 27AFP - 184 words
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167 1987-11-02 4 Reuter WHEN Rob and Kathryn Craighurst arrived in Japan from America six months I ago. they brought little more than the clothes they were wearing and their year-old daughter, Laura. Now their apartment is crammed with furniture, rugs, a stereo system, a colour televisionReuter - 167 words
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132 1987-11-02 4 Reuter SOUTH-EAST ASIAN countries agreed on Friday to step up cooperation to protect the environment. approving a programme of action for the next five years. Environment ministers from the Association of South-East Asian Nations (Asean) said they would work to ensureReuter - 132 words
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444 1987-11-02 4 AP LEADERS from South Asia open their third annual summit today in Nepal with terrorism and emergency food relief high on their agenda. Preliminary sessions since last Thursday, involving foreign secretaries and ministers from the region, produced unanimous backing for creation of a 200,000-tonAP - 444 words
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270 1987-11-02 4 UPI JAPAN turned down a request on Saturday from the US to join a trade embargo against Iran, partially undermining President Reagan's attempt to economically punish the Gulf nation. A ranking Foreign Ministry official said Japan, which maintains diplomatic ties withUPI - 270 words
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124 1987-11-02 4 Reuter AFTER failing to overthrow the Philippine government. Colonel Gregorio Honasan is reported to have sent his men out shopping for books on how to mount a successful coup. Quoting an unidentified publishing source, the Manila Chronicle said yesterday that Col Honasan's supportersReuter - 124 words
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Article95 1987-11-02 4 AP THE AUTOBIOGRAPHY of one of America's bestknown capitalists. Lee lacocca, will be published in China next year, according to the car executive s publisher. "lacocca: An Autobiography" will be the first non-reference book by an American to be published in China in an authorised Mandarin ChineseAP - 95 words
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Article937 1987-11-02 4 ARRIVALS Operator Service Local From number time FT FT73 0038 LAX/SFO/ANC/ SU NtT/OSA/TPE SQ11 0115 LAX/NRT UA UA805 0120 SFO/HKG MAS MH619 0125 KUL AC AC581 0200 IKK PU PK766 0505 KHI/IKK StA SO 401 0550 CM! SIA SQ41 0610 MAA IC IC555 0655 AAAA MAS MH601937 words
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Page 4 Advertisements
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Advertisement235 1987-11-02 4 NOTICE NOTICE IS HEREBY GIVEN that, I Wong Kum Thip of No. 3 Jin Bt Merah #06-5068 Singapore (0315), have applied for a First Class Beer House licence in respect of premises at M/s Full House Restn at 797 Bt. Timah Rd Singapore (1026), and that this application will be235 words
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Advertisement241 1987-11-02 4 NOTICE NOTICE IS HEREBY GIVEN that, I Lau Chan Keong of No. 1 Tai Hwan Walk Singapore 1955, have applied for a First Class Beer House licence in respect of E remises at M/s Phoenix Court Restn Pte td at 340 Ang Mo Kio Ave 1 #01-1697 Singapore 2056, and241 words
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Advertisement34 1987-11-02 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 Call your Travel Agent or Air Canada at *****55 AIR CANADA34 words
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Page 4 Miscellaneous
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Miscellaneous112 1987-11-02 4 m Singapore OUTLOOK: Showers arc over H«inl areas in the lata morning and Report for 24 hours prior to 7.30pm on Nov 1 at (he airport: Mai lamp. 33.1 Aaaoc humidity 81 Mln lamp 25.0 Aaaoc humidity SS Hra o4 sunshine 6 25 Rainfall in mm 1J Rainfall thia mth112 words
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Page 5 Advertisements
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Advertisement240 1987-11-02 5 i *Sf f v?-: r; rv nL •>» .i\ ,4 W{>** T ',> -Y-". -»KMBa£W. •x-'. gd'vi* v *'-IT 'X ':-V?;'.',' ftefig lili' V, SNisflb '3£& W*l ,-.v tfvMj iW**r-' y#^S f <3 swn J5 "A.=. j- jte-V 9 I '-.rv v fifi ■*s r**; V./V Wi 'dmßKmSm ■> n.240 words
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REST OF THE WORLD
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537 1987-11-02 6 NYT THE US GOVERNMENT reported on Friday that its economic forecasting index fell one-tenth of one per cent in September following seven straight monthly advances. The Commerce Department report reflected September's decline in stock prices but not the collapse of mid-October. Stock pricesNYT - 537 words
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Article, Illustration391 1987-11-02 6 Reuter WORLD BANK president Barber Conable said on Saturday he saw no immediate threat to his institution s lending programme from the present global financial market upheaval. He said on arrival for a fourday visit to Pakistan that the globalReuter - 391 words
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335 1987-11-02 6 Reuter PRESIDENT REAGAN said the financial markets had echoed his warnings that wrong-headed government policies could send the US economy into a tailspin. He made the remarks last Saturday in his weekly radio address as Cabinet officials and members of CongressReuter - 335 words
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96 1987-11-02 6 UPI THE US baby-boom generation' may become the longest-lived and healthiest in history, if scientists continue rapid breakthroughs in research into human aging, researchers predict. A report released on Friday by the non-profit Alliance for Aging Research, surveying 50 top American scientists, concludedUPI - 96 words
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Article, Illustration562 1987-11-02 6 Reuter SOVIET LEADER Mikhail Gorbachev in his new book has assailed the domestic economic policy of his country before he came to power, according to excerpts published last Saturday in an American magazine. In the book, Mr Gorbachev also called for greater emphasis on aReuter - 562 words
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366 1987-11-02 6 AP WEST GERMAN authorities appear split on the pressing demands from other Western industrialised nations for West Germany to adopt expansionary economic policies to offset the risk of world recession. The two chief forgers of West German economic policy, Finance Minister Gerhard StoltenbergAP - 366 words
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186 1987-11-02 6 Reuter CANADIAN IMMIGRATION levels will be raised by 10,000 to about 135,000 people next year. Immigration Minister Gerald Weiner told the House of Commons on Friday the greatest increase for 1988 will be in the family reunification category where an estimated 50,000 immigrantsReuter - 186 words
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Article660 1987-11-02 6 NYT ON WALL STREET, the rumour was that Merrill Lynch had adjusted its investment portfolio to 50 per cent cash and 50 per cent canned goods. On bumpers around the country. the latest sticker proclaims: "My other Porsche is for sale In Miami, production isNYT - 660 words
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Page 6 Advertisements
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Advertisement185 1987-11-02 6 This announcement appears as a matter of record only SEPTEMBER 1987 LAM SOON CANNERY PTE LTD 5592,000,000 FACILITIES LENDERS GUARANTORS The Hongkong and Shanghai Banking Corporation Standard Chartered Bank CIBC Asia Limited DG BANK Deutsche Genossenschaftsbank Malayan Banking Berhad, Singapore Oversea-Chinese Banking Corporation Limited Bangkok Bank Limited, Singapore Banque Indosuez185 words
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Page 6 Miscellaneous
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Miscellaneous71 1987-11-02 6 Doonesbury PSST. SIRi.UONT YOU SHUT THINK YOU SHOULD UP, HONEY. LEVEL WITH THIS HB'S JOHN GUY* HE COULD GOTH, HEAP BE A FEDERAL OF THE GAMAGENTI &NO FAMILY' LOOK, I UtfS GOING TO RAY YOU BACK! I SWEAR IT! BUT WHAT COULD I DO* UJHOKMEW J MY MOTHER WOULD N&DSUR6tRt*71 words
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COMMODITIES
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Article315 1987-11-02 7 THE MALAYSIAN crude palm oil market was easier last week in thin trading with the October delivery average price closing at M 5751.50 per tonne last Friday, down M 522.50 from the previous Friday's close. Prices drifted downwards for the whole of the week except for Wednesday when315 words
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Article164 1987-11-02 7 Chinese Produce Exchange Sciltn noon doting pr Oct 31 {SS/100 kg) Icm an Coconut oil m rot 95.00 OW drum FO# 105.00 N*w drum FOG 109.00 Copra Mix«d (loot*) 56 Pepper Atunlofc jjfJtt FOt NLW 1317.50 FO« faq Nt W Sarawak tpiciqi 1302JO block FOi NLW Sarawak Asta164 words
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Article120 1987-11-02 7 SOYBEAN FUTURES on th« Chicago Board of Trade sold off late to close up to off VA US cents in dull trading last Friday. November was up cent at U555.33 a bushel. Prices came under some pressure late from position squaring, and possibly some pre-hedge selling. But volume was120 words
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Article362 1987-11-02 7 THE PRICE of tin on the KLTM rose 15 cents over the week to close at M 517.31 a kg following strong buying interest. The higher demand from European buyers was due to the strength of sterling against ringgit. There was a lack of demand when362 words
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Article187 1987-11-02 7 WHEAT FUTURES on the Chicago Board of Trade closed K to two US cents higher last Friday, with July unchanged, in dull trading. December was up fc cent at U552.96% per bushel. Commission house and local buying lent support against commercial selling. Prices carried through on last Thursday's firm187 words
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Article310 1987-11-02 7 London Commodity Exchange doth «g prkot on Oct 30 (£/tonne < PrtHow doting p porwimlt union tpodflod). ricot in COMH tosh in-Mor* London, wH*rt option OF London Nov 1241/1242 High/Low (1258/1260) 1267/1239 Jon 1278/1279 (1292/1293) H^h/Low 1300/1278 Sato* (5971) Cocix Ok 1133/1134 (1147/1148) High/Low 1146/1133 Mar 1165/1166 (1180/1181)310 words
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Article1071 1987-11-02 7 AFP CONTINUING CHAOS on world stock and money markets distracted the attention of UK commodity traders who in many cases preferred to remain sidelined last week. Chronic dollar weakness in spite of repeated central bank intervention in support of the greenback allowed sterling to advanceAFP - 1,071 words
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Page 7 Advertisements
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Advertisement438 1987-11-02 7 X' v w xN A i *>» #yr^f '0& s £5« >;■ X*£ri to* v.. M V iSty products and CIBA Vision is now in iA Vision Mon today. jroup,oneofthe focal organisations > continents, and WW, staff and delivery uf complete, a Qood ufaipnnhip and confidence among and CIBA Vision438 words
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MONEY AND EXCHANGES
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Article1414 1987-11-02 8 Union Bank of Switzerland AFP ZURICH: THE ONGOING global sales pressure on the stock market and a flight of funds into the haven of short-term investments in domestic currencies resulting in corresponding downward pressure on the US dollar were developments that seen last week. Within a brief period,Union Bank of Switzerland; AFP - 1,414 words
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Article209 1987-11-02 8 Asian market ASIAN CURRENCY averoge deposit ratei for I (he week ended Oct 30 MO F High RICES Leer us 7 doyi 7 3/16 6 15/16 1 mon* 7 1/4 7 2 wmlii 7 15/14 7 1/4 3 mmtn 7 3/4 7 1/2 6 mon#n 7 13/1* 7 1/2 9209 words
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Article31 1987-11-02 8 The rang* of coll rates for the week ended Saturday, Oct 31 tank fund 2.5 2.75 Gen fund 2 275 of funds M$ 1,894m Source: Short Deposits (M) Bhd31 words
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Article, Illustration527 1987-11-02 8 PLR of bonks of the dot* ©f bwirmi on Friday, Oct 30, at supplied by the Association of Ranks in Singapore. BANK PLR Algemene Bank 6% Allied Irish Bank PLC 614 Americon Express Bank 7 Am'Dam R'terdam Bank 6% Arab Banking Corp 7 Arab Bank Ltd 714527 words
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Page 8 Advertisements
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Advertisement214 1987-11-02 8 Results just ahead. The first stop on the road to results is a phone call to IBM. We'll ask you some questions about your business and about the kind of results you're looking for. Then we'll put you in touch with the IBM Authorised Dealer or System Remarketer we think214 words
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BANKING AND FINANCE
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246 1987-11-02 9 AP A SENIOR official of the Bank of China has denied that China has suffered losses due to the worldwide plunge in stock prices, but has added the bank will contribute to the stability of Hongkong's stock exchange. "The Bank of China isAP - 246 words
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247 1987-11-02 9 AFP CUSTOMERS queued outside branches of the Perth-based Challenge Bank to withdraw cash last Saturday, in spite of firm assurances that the bank s position was sound. Customers took out a total Aslo million last Friday, and were queuing up outside the PerthAFP - 247 words
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341 1987-11-02 9 Number Indicative Gross Maturity Coupon Amount Interest of days of middle price redemption Year raised rate million) payment occrued (excluding yield pa) dates interest occrued interest) Pa) 1.3.88 Loan 1 1973 •5% 321.94 1/3, 1/9 60 •101.10 •2.42 15.7.85/88 1970341 words
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Article120 1987-11-02 9 Overseas Union Bank BOND TRADING in the Singapore government stocks market was very volatile last week. Buying interest continued from the previous week as dealers believed that Singapore dollar-in-terest rates would fall in line with interest rates of other major currencies. Towards mid-week, prices of bondsOverseas Union Bank - 120 words
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275 1987-11-02 9 LEONG WEN WAH - By LEONG WEN WAH TWO MAJOR credit card issuing banks are holding lucky draws in an effort to induce their cardmembers to use their cards more often during the festive seasons. Oversea-Chinese Banking Corporation's Visa and MasterCard customers stand to win total275 words
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Article795 1987-11-02 9 ALVIN TAY - By ALVIN TAY, Banking Correspondent CHASE MANHATTAN Bank pipped Citibank to be the most profitable, fully-licensed foreign bank in Singapore last year, but the two American banks made less money than the top restricted and offshore banks that have less access to the domestic market. According to795 words
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139 1987-11-02 9 Bernama ES BANK NEGARA Malaysia has reminded members of the public still holding on to the old design currency notes to exchange them for those with new designs as soon as possible. Bank Negara governor Tan Sri Jaffar Hussein said in a statement thatBernama ES - 139 words
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443 1987-11-02 9 Green Collier Bullion Pte Ltd PRECIOUS GOLD shed major gains last week, on rumours of producer and central bank gold sales, to finish sharply lower at New York's Commodity Exchange. Spot gold settled last Friday at US$46B 75. about US$5 lower thanGreen & Collier Bullion Pte Ltd - 443 words
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Page 9 Advertisements
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Advertisement250 1987-11-02 9 umui umui coßpaßanon BBRHao (Incorporated in Malaysia) CAPITAL RECONSTRUCTION SCHEME comprising A SCHEME OF ARRANGEMENT and A RIGHTS ISSUE BY UMW HOLDINGS BERHAD REMINDER TO SHAREHOLDERS ON BOOKS CLOSURE DATE Shareholders are hereby reminded that the closing of the books at the close of business on 9th November 1987 is250 words
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Advertisement252 1987-11-02 9 Ffl in someone overseas about Singapore. o°^!^ t ev^j <*£J& 8 3»®M? T-r>w-\ieW i ■sc®.' I The Straits Times L Weekly Overseas vip Ql Edition. It's the weekly Jii newspaper, printed on light weight paper in convenient I tabloid size. I It carries business, economic, I Co, y political and252 words
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PERSPECTIVE
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Article, Illustration1087 1987-11-02 10 LEONG WEN WAH - LEONG WEN WAH of the Financial Desk examines what private banking is all about and the state of competition among local and foreign banks in providing this very personalised service. LEONG WEN WAH THE BATTLE to service the moneyed elite in the1,087 words
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974 1987-11-02 10 AFP GOLD IS likely to be an early signal to whether the world is heading for recession or merely stagflation in response to the stocks and dollar crash, and to any crisis action taken by monetary authorities, analysts agree. When the stocks crashAFP - 974 words
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Page 10 Advertisements
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Advertisement160 1987-11-02 10 From bumboats to giant container vessels: we've been financing trade in Singapore for over SO years. .f m v :V m {■y ■V,, §SI ■UH I Ml r .k In the past, we were established to finance import and export trade with goods from around the region passing through Singapore160 words
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Page 10 Miscellaneous
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Miscellaneous1268 1987-11-02 10 to sm mm IB 12 PM SRC T#»t Sample Poges. Opening ond Programme Highlights followed by Dorothy L Soyers Mysteries Have Hh Carcase (Pt 1). Adorn Smith's Money World A Tole of Two Cities (See highlights). Fanfare For Young Musidom (r. Last episode). Rath Festival Yehudi Menohin At The Barbican1,268 words
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THE ARTS
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Article, Illustration646 1987-11-02 11 Jazz changing and yet remaining the same 11 j SHAUN KOH TODAY'S more important trends in mainstream jazz are conservative in nature. All of jazz history can be seen as a series of changes from hot to cool styles and vice versa. Chronologically. New Orleans jazz was a hot style,SHAUN KOH - 646 words
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Article, Illustration364 1987-11-02 11 NEW ART it was at that time, about a hundred years ago. Today, the term Art Noveau still applies to the international movement that began in the early 1880s and reached its peak at the turn of the century. The term Art364 words
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Page 11 Advertisements
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Advertisement168 1987-11-02 11 'LU 8 R I h CATION SERVICE AN P RePAIRS'VEHICie IMSPeCT| ON OIL CHAN* fc MEW Bf THOMSON $f£. School X Xs c r ,t W < Xy-. RaMOWf A Hwiv. BflieJT lx\ PAU \A mm J ca£* q v£\ w 01i^ s. V, Hill £0\ SW yfak S Nowpr\a168 words
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Page 11 Miscellaneous
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Miscellaneous636 1987-11-02 11 CRYPTIC PUZZLE ACROSS 1 Like many a jalopy (5) 6 A measure of fish? (5) 9 One who is not at home (7) 10 Talk that got Hogarth heartily upset (5) 11 Beat the weight (5) 12 Plenty can change shape (5) 13 Deals with the parts one can grasp636 words
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Miscellaneous25 1987-11-02 11 BnStcW: ftank-Dicfceng rve so pouch u>o£k I'm GOING IN £f\RLy v< ©Evening Standard Co.Ud,l*2-1»«7 ru_ catch ine rniLK TRfVN.... r Gold top comppißTrv^N t c<£i25 words
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SPORTS & LEISURE
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Article, Illustration604 1987-11-02 12 NYT NOW THAT Thomas Hearns has been reconstituted as the hit man, the middleweight division is brimming with possibilities. Hearns' standing soared on Thursday night when he knocked out Juan Roldan at 2 minutes. 1 second of the fourth round of a scheduled 12-round boutNYT - 604 words
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Article, Illustration310 1987-11-02 13 WITH A FIVE-STROKE lead entering the final day, Samson Gimson was hardly troubled in winning the Hongkong Amateur Open golf championship yesterday, his tenth major triumph of the season. The 23-year-old played a three-over-par 73 on Fanling's par-70 new course for a310 words
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385 1987-11-02 13 Reuter AT THE AGE OF 38. Gavaskar played one of limitedover cricket's more remarkable innings in the World Cup match against New Zealand in Nagpur on Saturday, making 103 not out from 85 balls with three sixes and 10 fours. Gavaskar said later: "PhysicallyReuter - 385 words
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Article455 1987-11-02 13 WALTON MORAIS - Triumph after tragedy By WALTON MORAIS JUST A MONTH after his most shattering performance. 23-year-old K Maruthiah got back on track to clinch his first outright major golf title at Seletar yesterday. The six-handicapper carded a final-round nine-over-par 79 for a comfortable seven-stroke triumph in the455 words
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Article, Illustration247 1987-11-02 13 AP IVAN LENDL struggled past Australian Pat Cash and Miloslav Mecir overwhelmed Swede Mats Wilander on Saturday to set up an all-Czechoslovak final at the U*****,000 European Community Championships of Tennis. French and US Open champion Lendl relied on his guts and stamina toAP - 247 words
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Article584 1987-11-02 13 NYT THE STRAINS of "Deutschland Über Alles" wafted through the Laurel Race Course last Saturday. signalling that Le Glorieux had provided West Germany with its first victory in the history of the Washington DC International. But the colt's triumph was multinational. The 3-year-oldNYT - 584 words
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178 1987-11-02 13 Reuter AUSTRALIAN COACH Al»n Jones indicated after Saturdays 19-19 draw between h»s Wallabies side and the Argentine Pumas that he had no reason 4o question the result or the eeing of New Zealander Keith Lawrence. "Usually in international rutby the score is right,''Reuter - 178 words
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Article, Illustration345 1987-11-02 13 AP GERHARD BERGER of Austria brought Ferrari back to the victory circle yesterday, winning the Japan Grand Prix at the Suzuka circuit by about 17 seconds. Berger. whose age of 28 matches the number on his blood-red Ferrari, took pole position forAP - 345 words
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Page 12 Advertisements
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Advertisement789 1987-11-02 12 11l !M m r > 9 a S? DELICIOZO HYAn Mama Mia! Pete's Place introduces more exerting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50*789 words
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Advertisement240 1987-11-02 12 Mandarin Singapore presents A\\feek of Tliritish Delight 30 October to 4 November There's Princess Banu and a bevy of beauties, a collection of carpets and TUrkish cuisine prepared by Ankara chefs. Plus air tickets to be won. At The Belvedere 15th floor) Buffet lunch and fashion show: 30 October to240 words
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Page 13 Advertisements
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Advertisement513 1987-11-02 13 V-'C 9 5T* w* m L Mi J ss In V) F t 1. -m No more beefing about the price of U.S. Prime Sirloin Steak... at $22 50, can anyone? Our ainner special at the Hubertus Grill for the entire month of November, the U.S. Prime Sirloin Steak promotion513 words
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MARKET REVIEWS
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Article, Illustration4530 1987-11-02 14 BT Composite Indsx components (WMI t mmM Oct 30, 1*7) Stock CTnim pic* *b •took prto* Ami Staal 123 015 Stna Oorby 198 -027 Boustaod 104 -0.14 S> TrodHtg 326 032 ClC 1*4 -041 0 M W 044 Smp Caratoos 378 272 DBS 890 ■100 Cold Stofa 424 056 M4,530 words
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Article867 1987-11-02 14 CHARLES SAVAGE - f Singapore P k. 4 By CHARLES SAVAGE THE DOWNWARD momentum of the Singapore stock market abated last week in nervous, heavy trading, as share prices on the world's major equity markets slowly clawed their way back up. Singapore staged a late rebound on Friday.867 words
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319 1987-11-02 14 ww U| K.Lumpur m A MBT THE KUALA LUMPUR stock market managed to reduce its losses considerably last week, slowing down the drop in the NST Industrial Index to 193.01 points. It lost a hefty 365.29 points the previous week. Although tails wereMBT - 319 words
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Article455 1987-11-02 14 JULIANA TAY - compiled by Jl JULIANA TAY Week ended Oct 30 SCRIP ISSUES Straits Trading: Bonus issue of or>e-for-ten CORPORATE DEVELOPMENTS AmcoJ Electrical Industries Ltd has received approval from the SES for the listing and quotation of 25 45m new shares to be issued in conjunction with455 words
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229 1987-11-02 14 NMB Bank THERE WAS PANIC on the international stock markets on a number of days last week. Amsterdam began on Monday with a 7 per cent slide while Wednesday saw another 5 per cent fall. On Thursday, prices stabilised. The ANP/CBS general index lost aNMB Bank - 229 words
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Article, Illustration867 1987-11-02 15 Black Monday accounts for almost all the loss L x J Hongkong y AFTER A FOUR-DAY enforced halt on the Hongkong exchange, last Monday's market was a bloodbath and marked a vertiginous 1,121-point slump in the Hang Seng Index to 2,241 points. A staggering 34% was867 words
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928 1987-11-02 15 RAY HEATH - j "TTCj London From RAY HEATH IT WAS NOT A good week to celebrate the first anniversary of London's Big Bang. No one wanted to be reminded that stock markets are now a global business. they knew all too well as928 words
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806 1987-11-02 15 r n_ New York FT "THE BEAR has only one desire, and that is to move the market to lower levels while taking the greatest number of stockholders with him. In order to do this, the bear must keep investors' hopes up. TheFT - 806 words
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474 1987-11-02 15 RSI Tokyo j AFP SHARE PRICES on the Tokyo Stock Exchange recovered some ground last week in extremely volatile trading following the market crash on Oct 20. The Nikkei Average which stood at 22,765.04 on Friday (down 436.18 yen over the week), addedAFP - 474 words
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Article229 1987-11-02 15 SHIRISH NADKARNI - By SHIRISH NADKARNI in Bombay TRADING on the Bombay stock market remained dull last week The partial relaxation of restrictions on trading in volatile stocks had no effect on sentiment. The stock market authorities have realised this and will take up the matter at the229 words
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365 1987-11-02 15 1^ r \lAusfralia m A AFP THE AUSTRALIAN share market fell a further 14.7 per cent last week, fed by a collapse in the Australian dollar. The All Ordinaries Index closed at 1.292.1, an agonising 7.3-point gain on the day but a fall ofAFP - 365 words
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Page 15 Advertisements
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Advertisement237 1987-11-02 15 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JUNGTAN UPHOLSTERY PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of JUNGTAN UPHOLSTERY PTB LTD duly convened and held at 2 Tannery Road #05-01, Cencon Building. Singapore 1334, on the 30th237 words
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Advertisement257 1987-11-02 15 NOTICES THE COMPANIES ACT (CAP. SO) MARIENTOR ENGINEERING SERVICES PTE LTD (MEMBERS' VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the Members of MARIENTOR ENGINEERING SERVICES PTE LTD duly convened and held at 585 North Bridge Road #11-07 Blanco Court Singapore 0718 on the 29th day of October 1987257 words
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Advertisement540 1987-11-02 15 RIO BEAUTY PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 459 Burmah Road. Penang, Malaysia on 30 October 1967 the following Special Resolutions were duly passed 1. That the company be wound up voluntarily pursuant to Section540 words
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Advertisement523 1987-11-02 15 In the matter of THE COMPANIES ACT, CAP. 185 and In the matter of JORDAN SUPPLY INTERNATIONAL PTE LTD NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Members of the Company duly convened and held at 51. Anson Road. #02-57 L #02-59 Anson Centre, Singapore 0207. on523 words
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COMPANY NEWS
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521 1987-11-02 16 UMW CORP will go ahead with its rights issue regardless of the fall and the volatile conditions in the stock market, sources said. The sources said the company's rights issue proposals are proceeding on schedule. Trading of UMW's shares was521 words
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342 1987-11-02 16 Bernama RASA SAYANG Beach Hotels (RSBH), facing a takeover bid by Perlis Plantations Bhd (PPB), will benefit from PPB's financial backing if it becomes a subsidiary of the group. "PPB is financially strong," said RSBH in a circular to shareholders onBernama - 342 words
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181 1987-11-02 16 MR LIM YONG WAH, recently appointed to the board of Intraco Ltd, is now the group's new deputy chairman. Mr Lim, 45, the executive vice-president ot DBS Bank, will succeed Mr Ngiam Tong Dow, who stepped down from the post in June this181 words
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317 1987-11-02 16 Bernama BOUSTEAD Holdings Bhd, dependent on favourable commodity prices for the bulk of its earnings, expects reasonable returns at current levels, the company's chairman. Mr RM Alias, said in his latest annual report. The expected upturn in the Malaysian economy may provide the impetus for anBernama - 317 words
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425 1987-11-02 16 NST EQUITY markets outside the US will offer reasonably attractive returns particularly in 1988 and when expressed in dollar terms, according to a leading international merchant bank. Morgan Grenfell. however, notes in its latest report on the international financial outlook that equity markets wilt remainNST - 425 words
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Page 16 Advertisements
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Advertisement275 1987-11-02 16 Diseovera new route to international markets. 2 I wiri „jg[ f r v «<M j« <o*f§ ■■>•' •*2*.: V <. p -u:-./^.~ 8 v i < <i' --tt-iHftr i&lKfegS lifti i. »«v F-, t ?%> I"- v 18 V i. E#. ws£k*± LiWT p*il&j U -3Gra When you're set to275 words
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WORLD MARKETS
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Article1080 1987-11-02 17 New York Reuter US STOCKS rose sharply in a broadbased rally last Friday as investors grew more confident that the Federal Reserve would maintain an accommodative monetary policy and prod economic growth despite continued weakness in the dollar. The Dow Jones Industrial Average, which had jumpedReuter - 1,080 words
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Article1000 1987-11-02 17 London Reuter NEWS THAT THE £7.2 billion British Petroleum flotation is to proceed with a 70p per share safety net for the undersubscribed 120p part-paid shares helped dispel some of the recent damaging uncertainty overhanging the London market last week. On Friday, the Financial Times/Stock ExchangeReuter - 1,000 words
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148 1987-11-02 17 AFP JAPAN'S Toshiba Machine Co. barred from export deals with communist countries for its illegal high-tech shipments to the Soviet Union, has reported its first half-yearly pre-tax loss for 11 years. The subsidiary of the electronics giant Toshiba Corp, attributed the loss to self-restraintAFP - 148 words
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Article1340 1987-11-02 17 Amsterdam Oct at PL1 A8N Aaflon Ahold 39 SO 62 00 69 50 120 00 +2.1 3 5 4.5 7 Alranta 146.40 AMEV 42 90 Amro Bank 62 70 Aaa Stad 90.80 Baffcal 0OLS 114.00 Bor*umi| 8900 Buahrman Tanaroda 42 70 Calva Elaaviar 44 20 Fofckaf 24.20 unch unch 41,340 words
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730 1987-11-02 17 France, Germany, UK among the countries hit AP THE WORLD stock market crash has disrupted huge sell-offs of state-owned companies in France. West Germany and Britain, and could threaten budding privatisation programmes in less developed countries such as Turkey. But giant sell-offs inAP - 730 words
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232 1987-11-02 17 AP TWO WEEKS of wild price gyrations on world financial markets have left analysts wondering what role the Japanese government can and should play in intervening to prevent severe collapses. "We do have the Ministry of Finance calling in the big four securitiesAP - 232 words
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Article, Illustration431 1987-11-02 17 NYT THE GOVERNMENT of Prime Minister Margaret Thatcher has emerged almost unscathed from a very public predicament involving the huge US$l2-billion offering of British Petroleum Co shares. Its deft last-minute modification in the stock issue, in fact, appears to have allowed the BritishNYT - 431 words
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262 1987-11-02 17 NYT THE LARGE potential losses of a Canadian brokerage involved in underwriting the sale of BP stock appear to have put in doubt plans by First National Bank of Chicago to take a 35-per cent stake in a brokerage. Wood Gundy Inc.NYT - 262 words
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198 1987-11-02 17 UPI NEW YORK STOCK EXCHANGE officials have vowed to-keep the wheels of the US's overburdened and beleaguered markets turning despite the prospect of a strike by 950 clerks and secretaries. A series of contingency plans are ready if the workers goUPI - 198 words
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202 1987-11-02 17 AFP THE HONGKONG Stock Exchange last Friday said its chairman. Ronald Li. was too busy to monitor the activities of an associated firm suspended from trading in the Hongkong futures market for defaulting on contracts The exchange confirmed for the firstAFP - 202 words
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Page 17 Advertisements
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Advertisement54 1987-11-02 17 NEWNDIA ASSURANCE THE NEW INDIA ASSURANCE COMPANY LTD. (A subsidiary of the General Insurance Corporation ot India) With effect from Monday, 2nd November 1987, our office will be functioning from:64 Cecil Street #06-02 108 Building, Singapore 0104 (At the junction of Cross Street/Cecil Street) Tel *****36, *****37, *****11, *****12 Telex54 words
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LATE FILE
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Article54 1987-11-02 18 UPI WEST GERMAN Economics Minister Martin Bangemann said yesterday he still expected the economy to grow by between 2 and 2.5 per cent in 1988 despite recent turmoil on world stock and currency markets. Bangemann said in a radio interview that existing data indicated economic growth would matchUPI - 54 words
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Article59 1987-11-02 18 Reuter EMIGRE Soviet dissident Vladimir Bukovsky has denounced Moscow's new policy of 'glasnost' (openness) as a temporary deceit aimed at shoring up communist oppression at home and abroad. Bukovsky, writing in the Sunday Times of London, warned western leaders that the new course could last seven years atReuter - 59 words
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Article65 1987-11-02 18 Reuter M-1 battle tanks EGYPT is to produce the M-1 battle tank in a joint venture with the United States, Defence Minister Field Marshal Abdel-Halim Abu Ghazala said in an interview. "Production of M-1 tanks will not cover our own needs but will consolidateReuter - 65 words
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Article43 1987-11-02 18 AP MORE THAN 20,000 people rallied yesterday to protest against the first US-Japan joint military exercise on Japan's southernmost main island of Kyushu, and eight people were hurt when rightists threw stones and beat up protesters, Japanese police reported. APAP - 43 words
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553 1987-11-02 18 BOEY KIT YIN - By BOEY KIT YIN OF EVERY DOLLAR'S worth of domestic exports that Singapore ships out. about 40 cents of it is now made up of electronic products. Two years ago, that share was accounted for by the petroleum industry. But with the553 words
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541 1987-11-02 18 AP THE STOCK MARKET panic of Black Monday' affected the US economy in subtle ways that will not be fully felt for a year or more, leading economists believe. Forecasters equipped with computer models of the US economy believe the shockAP - 541 words
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236 1987-11-02 18 COMPANIES, particularly those which are small- and medium-sized, must place more emphasis on human resource management, said Second Deputy Prime Minister Ong Teng Cheong. Mr Ong. who is also the Secretary-General of the NTUC, said on Saturday at the Annual Dinner and Dance of the236 words
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368 1987-11-02 18 AP MOSCOW COMMUNIST Party chief Boris Yeltsin tendered his resignation after criticising party policymaking. an official announced in the first public confirmation of Kremlin discord since Mikhail Gorbachev became the Soviet leader. Anatoly I Lukyanov. a party official, said on Saturday thatAP - 368 words
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162 1987-11-02 18 WITH THE United States and Canada just putting the finishing touches on their historic free trade agreement, the US and Mexico have announced that they will sign on Friday a trade and investment pact which could eventually lead to new market162 words
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Article70 1987-11-02 18 FT ket openings wherever we can." Because the agreement does not call specifically for tariff reductions it does not require congressional approval. Officials say that the setting-up of a structure to discuss disputes will inevitably promote trade and investment between the two neighbours. Mexican officials hope to bypass protectionist sentimentFT - 70 words
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Article90 1987-11-02 18 AFP ONE out of every 3.5 people in Japan is ill, the Health and Welfare Ministry estimated last Saturday. The ministry based its estimate on a recent survey in which it polled 800.000 people and found that 287.8 per 1.000 people suffered someAFP - 90 words
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Article114 1987-11-02 18 AFP LAST WEEK'S world-wide stock exchange crisis is a warning that recession is coming, the 1987 Nobel economics prize winner Robert Solow told the Spanish weekly Diario 16 in an interview published in Madrid yesterday. "A recession is close The stock exchange is only a sortAFP - 114 words
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197 1987-11-02 18 AFP FALLING GAS export earnings and rising imports in the first half of 1987 almost halved Indonesia's trade surplus compared with the same period last year, according to official figures. Indonesia's trade surplus was US$l.3 billion in the first half ofAFP - 197 words
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Page 18 Advertisements
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Advertisement403 1987-11-02 18 MANAGEMENT V DEVELOPMENT PROGRAMMES November 1987 January 1988 No Coarse Title Dal 1. Financial Techniques tor Sales Marketing Executives Nov 9-11 2. Strategic Purchasing Supply Materials Management Workshop Nov 16 1 3. Understanding Personal Computer Applications Nov 16 1 4. Organisational Career Development Nov 16-1 5. Effective Selling Techniques Workshop403 words
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Advertisement470 1987-11-02 18 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Credit and charge card companies are keeping their rates high although their US counterparts are going the other way. 2. Taking stock... Hock Lock Siew on the470 words
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SHIPPING TIMES
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102 1987-11-02 19 WAH KWONG SHIPPING bounced back into the black ;with profits of US$l2.5 million •in the first six months ending on Sep 30. The report comes 11 months after the Hongkong company Obtained creditor support to restructure debts of US$B5O million. South China Morning Post102 words
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346 1987-11-02 19 G DURAIRAJ - By G DURAIRAJ THE FEDERATION of Malaysian National Freight Forwarders, which has obtained affiliation to the world freight forwarders body, has been granted approval to introduce Fiata bill of lading in Malaysia. The introduction of the Fiata bill of lading346 words
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209 1987-11-02 19 Reuter NORWAY'S state oil company Den Norske Stats Oljeselskap A/S (Statoil) said it plans to hire three or tour tankers on 10-year charters to export crude oil and refined products from its Mongstad refinery. Company spokesman Willy Olsen said Statoil is inReuter - 209 words
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194 1987-11-02 19 Reuter CHINA has become a major manufacturer and exporter of ships since 1979, while shipyards in Western countries have gone bankrupt or switched to other products, the Economic Daily said. It said that in the first nine months ofReuter - 194 words
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PORTSIDES
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92 1987-11-02 19 THE SINGAPORE Association of Shipbuilders and Repairers will send a trade mission to two East African countries to explore market opportunities. The mission will visit government officials, shipyards, shipowners and marine engineering companies of Mauritius and Kenya between Oct 31 and Nov 11. It92 words
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Article105 1987-11-02 19 Reuter FIVE IRISHMEN have been detained by French Customs after tonnes of arms and explosives were found on a ship they were sailing in off the northern coast of France. The French government hailed the catch as a blow against terrorism. Customs sources said the 40-metre coasterReuter - 105 words
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Article, Illustration674 1987-11-02 20 FT LUXEMBOURG a country of lakes and mountain streams but no coastline of its own is preparing to become a maritime state. Plans to establish a shipping registry in the Grand Ouchy and hence a Luxembourg "flag" are now so well advancedFT - 674 words
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Article284 1987-11-02 20 AP DURING the 77 days in the Persian Gulf, the USS Fox had to cope with sightseers, goat-laden boats seeking gasoline and smugglers as well as the threat of mines and Iranian speedboat attacks, its commander said. The guided missile cruiser was part ofAP - 284 words
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Article864 1987-11-02 20 AB Shpg V 5 ABC Container vw 1 Accord Shpg VI 3 Ahranfcial linar XI 1 Africo Ocaon XII 2 Alltrons VII 3 AC Toaptar XI 5 Amaricon Tpt XII 4/5 Anro Sarvica IV 2/3 Arrow Unas IX 5 Asion Ocaon VI 3 Alios Una 1 5864 words
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Article1501 1987-11-02 20 FAIRLY active grain chartering from the US Gulf continued to feature the freight market on Thursday with rates holding steady to slightly higher, shipbrokers said Several vessels were arranged from the Gulf to Holland at lump sum equivalents of around US$B 70 to $9 90 basis heavy grain1,501 words
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Article377 1987-11-02 21 Lloyd's List PLANS to provide the UK with a new deep-water port have been given the go-ahead by the Environment Secretary, Mr Nicholas Ridley. The £6 million project proposed for the River Dart just up-stream from Dartmouth a centre of British maritime traditionLloyd's List - 377 words
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123 1987-11-02 21 Reuter A RE-REGISTERED Kuwaiti tanker, escorted by the US Central Command's Joint Task Force Middle East, steamed safely through the Strait of Hormuz into the Gulf of Oman on Saturday, according to a press pool report. The convoy, consisting of the 46,000-ton liquefiedReuter - 123 words
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61 1987-11-02 21 AFP TWO PEOPLE wore Killed and 16 reported missing on Friday when a cargo ship sank in a storm off the coast of Eregli in the Black Sea northwest of Turkey. The search was continuing for survivors of the shipwreck of the Topkapi,AFP - 61 words
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9393 1987-11-02 26 3®aBGX!EB A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of9,393 words
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Article1257 1987-11-02 27 AT CONVENTIONAL WHARVES Neptune Peridot J8/9 alongside 02 11/2300 Fedi J8 0211/0700 0211/2300 VMIA! Mi Arrival Nosionol Joyo H 0211/1000 0311/2300 w VSWI Dtnn Departure Putro BuUon Jl Q2II0700 0311/2300 KEPPEL WHARVES Pannoroi J9 0211/0800 03 11/2300 All Prosperity KIS olongside 0211/0600 Roda Perkosa J8 02.11/23X 041,257 words
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Article1989 1987-11-02 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 APL1,989 words
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511 1987-11-02 30 FT THE BRITISH government is to introduce legislation allowing unlimited fines for shipping companies convicted of neglecting safety regulations. Both managers and ships' crews would face up to two years in prison. The Merchant Shipping Bill, published on Friday, provides clear grounds forFT - 511 words
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Article465 1987-11-02 30 SEVERAL TANKERS changed hands in the second-hand tonnage market last week and the biggest deal involved the Santa Maria. Brokers said the 313,467-dwt ULCC built 1975, was sold to a Lebanese concern for about US$l6 million. Another transaction involved the Intermar Atlantic, 81,282-dwt motor tanker built 1974. It went465 words
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199 1987-11-02 30 Reuter AUTHORITIES in the French south Pacific island of Tahiti have detained the head of the dockers' trade union and charged seven people in the wake of riots a week ago, judicial sources said on Saturday. The sources said Felix "Para" Colombell was jailedReuter - 199 words
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Page 19 Advertisements
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Advertisement738 1987-11-02 19 J»C Amiabi- »i all Good Soots* oq* Published by Cambridge Untv«f*tty Pre«s. UK STP Distributors ne I jfToiNE SHIPPING AGENCIES (R«f. No. 242*4/ OOK) %tllf# 200 Cantwmnt tad #12-05 Southpomt S.nppore Q2OI All 11/ T«i 221DU TELEX NO RS 2(179 |JAUi AJ| TERMINAUCFS T»l *****18 220 r feViS J BOOKIN6S738 words
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Advertisement103 1987-11-02 19 mm LUXEMBOURG a country of lakes and mountain streams but no known coastline of its own is preparing to become a maritime state. Page II PLANS to provide the UK with a new deep-water port have been given the go-ahead by the Environment Secretary, Mr Nicholas Ridley. Page 111 THE103 words
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Advertisement494 1987-11-02 19 H«» S.K. Asia upsrt thf Hrsl HILARIOUS TRAGIC OAMGEROUS Available at all Good Bookshops \jvj vi or iv V FAST TRANSIT TO U.S.A SINGAPORE/LONG BEACH 18 DAYS Voy Sport Malay** Keiang LUNA M 8714 ARTHUR M 8712 ANNA M 8714 M ROTTERDAM 8718 LAUST M 8714 ANDERS M 8718 To494 words
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Page 20 Advertisements
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Advertisement582 1987-11-02 20 ERI C S A V Corrpnr-j Sud Arrtcnconj da Vjpcrcs S A C- 'r.m L irr SERVICE TO/FROM CHILE FEEDER VESSEL IS'POftEl MOTHER VESSEL HK ARICA IQQ ANTOf VALP SAI CSAV 1 SOI A VESSEL 14/11 4/1 f/1 17/1 5/1 U/l CSAV 2 12/11 CAR CARRIER 21/12 3002 (YOK 21/11)582 words
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Advertisement17 1987-11-02 20 Lines and services represented by -Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.17 words
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Advertisement475 1987-11-02 20 NOTICE NOTICE TO GULF TRADE LINES PLAN 3RD STAGE RATE RESTORATION In continuation of their rate restoration programme for greater stabilisation of trode, members involved with the Golf Trode recentty decided to implement a 3rd stage rate restoration by increasing rates generalfy by up to US dollars 200 per TEU475 words
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Page 21 Advertisements
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Advertisement995 1987-11-02 21 The Straits Steamship Group P Mansfield Container Shipping Re Ltd P9WT P&o Containers Limited Mii.'.'ii.i I EEElil! Also Accepting Cargo For: Haqturf to CootWUfT AjrfM. TiiOiaHn to all UK Oortuutiono. I gK<:;i rj; *n:iy»in:ii 'ii,;riK»:;n; a;il FMHKFUffT EXHKSS OSAKA BAT WALK* KHAMO MAM LMKS BAT HOM KOK EXPtESS CAMMCAM BAT995 words
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Advertisement569 1987-11-02 21 HowNYK's proprietary vanning system saves Manager Pat Wfoodard time and money. I > r V NYK offers a unique service that normally reduces shipping costs by 5% and vanning time by 50%. In-house developed software accurately simulates various cargo positionings in the container size of your choice. Wasted space is569 words
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Page 22 Advertisements
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Advertisement499 1987-11-02 22 CONTAINERSHIP SERVICE TO UK/CONTINENT To* to Eiprtu Kowloofl Bay Frankfurt Eifrm Otaka Bay Kitano Maru I** **t Hooftoog Eiprtu Cardigan Bay Ttfafa Bay To*» Eiprtu How toon Bay Frankfurt Eigrni ALSO ACCEPTINC CARGO TO: AIL UK INLANO DESTINATIONS. BELFAST. DUBLIN COPENHAGEN, AARHUS. GOTHENBURG, MALMO, HELSINKI. OSLO, AMSTERDAM CARIBBEAN t S.499 words
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Advertisement883 1987-11-02 22 KS \fSi ULLY CONTAINERISED SERVICE wmu* SMt+nat cmr—ATitm TO EUROPE VIA SUtTTf*"* Mrmbff Cf Conwtium KOREAN JACEJIN 41W In Pi 20/11 NEPTUNE CRYSTAL 42W t/U 26/11 CHINA CONTAINER 42W 15/11 3/12 HONGKONG CONTAINER 52W 22/11 10/12 TRANSWOtLD BRIDGE «N 29/11 17/12 SEVEN SEAS BRIDGE S3* 6/12 24/12 ALSO CALLING ANTWERP883 words
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Advertisement471 1987-11-02 22 FREIGHT LINKS EXPRESS PTE LTD ACCEPTING FCL/LCL TO ALL U.S.A. PORTS/INLAND DESTNS. Sailing: 7/11 A 17/11 OEP: EVERY SAT WEEKLY CONSOL TO: JAKARTA BANGKOK HONG KONG MANILA KEELUNG/KAOSHIUNG BUSAN TOKYO/YOKOHAMA SYDNEY/MELBOURNE AUCKLAND/WELLINGTON LONDON/FELIXSTONE HAMBURG/ROTTERDAM 7/11 14/11 7/11 14/11 5/11 11/11 11/11 18/11 8/11 15/11 5/11 12/11 U/ll 19/11 9/11 14/11471 words
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Advertisement1127 1987-11-02 22 r EVERGREEN Full Cc Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KLC PUS OSK TTO KSN EVER GATHER/EVER GUARD VU *U 1101 I*U VU EVER GROWTH UAII li/U 11/U 9(U is/12 EVER LIVING/EVER GRAND 17/11 21/11 21/11 2VU nm EVER GENIUS 21/1130/112/124/12 2*12 EVER CHUT 3/12 7/12 1/12 11/12 EVER1,127 words
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Page 23 Advertisements
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Advertisement597 1987-11-02 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL RATANA BHUM SEA HAWK SEA DRAGON SEA HAWK VESSEL VOY SIN SSV SMO SIN 6LW KM SEA FORTUNE 0741 SM SM S«d W1 Ml INTEGRA 171} 1/11 4/11 7/11597 words
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Advertisement152 1987-11-02 23 Z* NORBUL NORBULK CARGO SERVICES LTD REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK CONTINENT PORTS TO: INDIA/PAKISTAN PORTS SWK/SABAH BARBARA MORGAN NBT-12 In Port NBTI3 311 LOADING FOR TUTI/MANCALORI madrastuti/kandla TO: JAPAN PORTS LOADING FOR OSAKA/N AGO Y A/TOKYO "TBN -LOADS INDONESIA TORTS SPORE MARATHON UNITED AGENCY PTE LTD152 words
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Advertisement710 1987-11-02 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HON HAM B HAVEN ROAN HAVRE w aiu wi wi mi am am am om am im w w sm rm M) «tt IW UfU W! ivu ivu u/u u/u mi w nju OT am su mi mi mi mi am mi710 words
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Advertisement555 1987-11-02 23 DJASAGETRI A Joint Europe Service Of: P.T. OJNURTA LLSYI P.T. BESOM LLCTI P.T. SMHWBIA IRMRESM e P.T. TMKOM UNI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EOROPE s poet 12 H 1 VtSHL i PANJANG/ITM SRiwuatactw OCtAN WII«A*rB Said, Port Alexandria, Oanoa, Trtaala. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S555 words
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Advertisement414 1987-11-02 23 BOUSTEAD SHIPPING AGENCIES LASH tO VK "SITTWAY V 33 PAGAN VUWK HTONEYWA V22SW 21/23 Nov Discharging only. BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok 2/3 Nov I&TSv Z Nov {3 BANK UNE NORTHBOUND TO UKC SPORE ROAM HULL TAMAITAI SAMOA VIIN In Port 25/11414 words
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Page 24 Advertisements
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Advertisement977 1987-11-02 24 ATLAfITIC COAST (Round-The-World Service) ORIENTAL FAITH V 5 ORIENTAL FRIENDSHIP V 5 •VIA FEEDER •PK/PNG SPORE SM 5 Nov 7 Nov 12 Nov NYC HFX U Dec 16 Dec 19 Dec 23 Dec PACIFIC SOUTH-WEST FEEDER VSL •PK/PNG SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK 0. FAITH V 5977 words
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Advertisement268 1987-11-02 24 Accepting LCL and cowtolwrt—d cargoes Direct to South Africa OSAKA MARU 413Sf HAYAKAWA MARU 4235F HAYAKAWA MARU 3534G VAAL 3932G Spore Durban P.Eliz #11 n/11 23/11 2S/11 8/12 11/12 JARDINE SNIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHPOINT, SINGAPORE 0208 M: *****11 TELEX NO: RS ***** TERMINAL/CPS Tel.268 words
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Advertisement598 1987-11-02 24 f /U AUSTRALIA EXPRESS CONTAINER SERVIC Accepting FCUFCL Containers P Katanf Lm Vuml S owe Ma*> From Sydn Ate Ac "CHANOIOAS" *-21 15 Nov 29 No. |Ok 6Dk Adol/Bn 10 X>o*ZlokVo* Adol/Br CHANOIOAS V-2921 Ok 5 Jar 14 Jan 12 Jar Adal/Bri INDIA EXPRESS CONTAINER SERVICE S.O. MANIPUR V.34N MUM598 words
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Advertisement769 1987-11-02 24 GOLDEN LINE GUM GUAM SMPPMG (PTE) LTD 23 IM «rr StrMt snra tiM m. mum* o« lks) Fu m —7^ STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Cotomta/Kjrtdn/Dufc* GOLDEN WONDER Colombo, Karachi Oemmarr CHINA SERVICE A VESSEL Hskanf, Shanghai S'pors PJ 31/31 Oct 11/12 Nw 12/14 Nov— ,1 CHINA OCEAN SHIPPING CO.,769 words
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Advertisement496 1987-11-02 24 raonaay, XNovemoer z, iyav PHILI OniCNT LIN€S PT€ LTD HtAO OFFICE 63 Ro6'Nso* RCAO *07 ATflO AS A BUIIDIN3 SHiCAPOBf 01C6 TfIEX RS r8720 FHiLI fA« VU, 7/11 u/ii. n/ii I P"",J DONA. MUSCAT, BAHRAIN. ABU DHABI C SHAfUAK. JEDOAH. NMMI AOABA N KONG HUE. KEELUNG. T V V II:496 words
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Page 25 Advertisements
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Advertisement1035 1987-11-02 25 NEPTUNE ORIENT LINES LTD J NEPTUNE AGENCIES PTE. LTD Fl EU/AUST TPA/SEA Ttnmnal CrS BOOKINGS *****53 *****42 mum miM *****H *****14 a 27« iii vmm NEPtINE SON. BHD. 3MM7 NEPLINE SON. BHO. 2H488 imjutmis. m* NEPLINE SON. BHO. U»««27HM27itl*77te NEPLINE SON. BHO. *****0/2300(1 W w PKotong S par* (31/10) In1,035 words
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Advertisement483 1987-11-02 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG BUSAN. INCHON No I Donam/7MN "M EnterpriM/714N No 7 oonam/70JN No i Don*m/711N No 1 Donam/7VN No I Donam/7UN M Ent*rpriM/71SN Callinc Penang on CTO BS OXX iyu mo 07/10 mo 27/10 08/11 04/11 IK/11 11/11 Wll 27/11483 words
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Advertisement678 1987-11-02 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. ROAM PEMAMC M/S HANDLING SYSTEM CO SON. WO MESSRS MAI THONG SNIFFING 127 Prntm Strmt &S£UaWt&n6RlS678 words
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Advertisement36 1987-11-02 25 EMBASSY/FRIENDSHIP FREIGHT SERVICES JOINT CONSOLIDATION TEL: 29*5673/292C232 FAX 2MOM2 TLX: RS I7ICTW WEEKLY LCL/FCL CONFERENCE/NON-CONFERENCE SERVICES TO: EUROPF ANTWERP/ HAMBURG/ LE HAVRE/ ROTTERDAM/ UK/ SWITZERLAND FAR EAST BANGKOK/ HONGKONG/ KAOSHIUNG/ KEELUNG SOUTH ASIA BOMBAY/ KARACHI/ MADRAS36 words
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Page 26 Advertisements
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Advertisement330 1987-11-02 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 <30 Lines* FAX *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAO VE.B DEUTFRACHT SEEREEDEREI INTEGRATED FULL CONTAINER SERVICE £2 KU J/U S/12 I*l2 *12 13/12 3/12 12/12 12/12 114/12 115/12 •VIA COLOMBO: Accepting cargo tor INDIA Bombay.330 words
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Page 26 Miscellaneous
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Miscellaneous175 1987-11-02 26 Regional Weather rr M OX K a Jo 2. V 02 ?K V v< >>: f,N X* I W& w m SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c C^w, Wind direction with speed in knots Wave height LEGEND R Thunderstorm Temperature o c X\ Tf Shower175 words
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Page 27 Advertisements
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Advertisement777 1987-11-02 27 A Ist class containir transport ScanDutchV TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY I. Butang/K B. Butang/K I. Butang/K B. Butang/K B. Butang/K 31/10 nno 29/10 31/10 Jutlandia/3a Wl Sfll Vll 1/11 N. Delft,39B 14/11 12/11 12/11 14/11 Nihon/401 s» I*ll U/ll 21/11 N De|ima/4U *11 2WI 2S/11 21/11 B Suria/421 •LA777 words
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Advertisement270 1987-11-02 27 UN I PACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE '•*Ol S T *T I >NTf»r»iSf <0* ■£R ITIH ALFARABI ALRAZI EAST BOUNO SERVICE ETA STORE LOADING FOR IVII JAPAN WEST BOUND SERVICE ETA S PORE LOADING FOR Sid Jattai», Aaaba. tfll MM Aqaix THROUGH B/U to BAGHDAD UPON REQUEST270 words
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Page 28 Advertisements
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Advertisement539 1987-11-02 28 m FINK-LINKR SHIPPING I'TK III) i\ <0 Shenton Wty M 07C Mcini Spore 07ft7 TFI *****77 (6 lines) Tlx 'ui ft, ?;s>,y, EUROPESERVICE ™i(TI Eu jSS iSS IJS FAR EAST SERVICE mi mi mi ant ivii mi am a/ii am ani MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES TATSUMI MARINE539 words
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Advertisement461 1987-11-02 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL urmt to I West Coast, Carribbean.East Canada, HAITI, Port Au Spain N. ST. LUCIA. USA East n, Bartedi ■'I Ml ZIM KAOSHIUN6 ZIM SYDNEY ZIM TRIESTE ACCEPTINS CARGO TO AOELA<OE VIA MELBOURNE ANO ALSO FCL TO GUAM r* ZIM EILAT CONTAINER UNE VESSEL ZM461 words
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Advertisement461 1987-11-02 28 shipping (Singapore) private limited Cargo bookings Tel: *****88 (5 LINES) ANGLO ORIENT LINE <> International NVOCC Container Line Weekly Service To and From U.K. (Accepting cargoes for all inland destinations in U.K.) REGULAR LINER SERVICE MV STAR TREASURE ETA ifi Nov COLOMBO TSR CONTAINER SERVICE VLAD VASLYAEN IS/11 LOADING HAM461 words
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Page 29 Advertisements
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Advertisement148 1987-11-02 29 Hamburg West Germany Tiger Line VESSEL VOY SIM CALCUTTA MADRAS CHITTAGONC PRELUDE V 6 SLD SLD j-3 NOV LOTTE SCHEEL V 26 SLD 27-51 OCT 2 NOV LOTTE SCHEEL V 27 7 NOV 13-17 NOV 19 NOV PRELUDE VI M NOV 14-17 NOV SCHWABENLAND V 9 14 NOV 15 21148 words
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Advertisement70 1987-11-02 29 |kSI PERCH OCEAN LINES "«MsasEg (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WEEKLY HAIKOU, ZHANJIANG XINGANG, QINGDAO SAILINGS SHANGHAI OTHER PORTS MBTO RAPS) MPMQ Pit LTD TIL: *****44 TIX: 2BK CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOUIS AUSTRALIA BANGKOK KE/KAO USA70 words
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Advertisement112 1987-11-02 29 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA PANJANG ETA ETD ETA ETO ETA ETD RATU KONSORTIUM 54-55 7/11 1/11 10/11 12/11 56-57 14/11 16/11 11/11 20 11 59-60 22/11 24/11 26/11 27/11 PRABHKATI 106-109 04/11 05/10 07/11 06/11 06/11 09/11 110-111 11/11 12/11 14/11 15/11 15/11112 words
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Advertisement573 1987-11-02 29 --j. €U+9 I* rY OF SAUDI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST Accepting Breakbulk, Ro/Ro. Containers i FCL Containers for Sharjah, Doha and Riyadh REGULAR RO-RO SERVICE TO USA/CANADA JEDOAH 19 NOV 01 DEC 22 DEC m'/. vi.'Hiii NEW YORK OMIT l!HII/.VI Alto Accepting FCL Containers for Charleston. Miami.573 words
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Advertisement464 1987-11-02 29 I iiiiii MARITIME TRANSPORT MANAGEMENT PTE LTD REGULAR SERVICE LA CHESNAIS M Nov Batangas. Kaothiung. Pohonf ANGELE N 3-5 Nov Bangkok. Manila. Hongfconj EPOS 11-15 Nov Bangkok, Ulun REGULAR E. MALAYSIA SERVICE ETA/O LOG For: LIAN SENG HIN 3 1/5 Nov Sandakan SABANA SATU s'B Nov Sandakan, Lahad Oatu. Tawau464 words
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Page 30 Advertisements
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Advertisement245 1987-11-02 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** 8. RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PL REU DBN CT GOLDEN COAST V7s* Sailed Sailed Sailed 9/11 11/11 16/11 25/11 ,m 15/11 25/11 27/11 9/12 10/12 15/12245 words
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Advertisement483 1987-11-02 30 VvT- 0 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMKOWTAWEF SERVICE TO NORTHBOUND TO UKC TAMAITAI SAMOA VIIN FORTHBANK V2ON IVYBANK V2ON PRO ATLANTICA VIN RDM/A DAM HBG HULL (U.K.) 25/11 28/11 2/12 28/11 »/ll 3/12 20/12 24/12 21/12 12/1 16/1 'Alto Accepting FCL to Antwertfßremwi/Feliistove/Southjinpton/BeHast/GattMnburg Mini; ML:483 words
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Advertisement248 1987-11-02 30 r WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETO S PORE ETA KEELUNG COM-CARRIERS 11/17 4/11 M/ll CON-CARRIERS 11/17 *11 li/11 CON-CARRIERS 20/17 11/11 >4/11 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETO S PORE ETA SYO ETA MEll CON-CARRIERS 2S/S7 11/11 1/12 5/12 CON-CARRIERS 2S/S7 24/U 11/12 2*12 Alto248 words
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Advertisement810 1987-11-02 30 mil CALL US ATr P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 W-€*****/4, *****3 07-***** 07-*****3. *****5, *****0, 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE ill rTT' M.ll I *11 I BUTANC 3JI u.ll 14.11 rrrr OTHM DESTINATIONS: AAKNUS. AMSTERDAM, ANTWERP. BASL£. BREKN BREMERHAVEN. COPENHAGEN.810 words
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