The Business Times, 3 November 1987
1987-11-03
1
30
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The Business Times
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Title Section11 1987-11-03 1 BUSINESS TIMES MCI (P) 112/12/86 TUESDAY, NOVEMBER 3, 1987 75 CENTS11 words
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Article, Illustration182 1987-11-03 1 Overseas markets Monday HK Hang Seng Index 2203.23 (-36.90 Tokyo Nikkei Average *****.60 29.69 Sydney All-Ordinaries 1360.7 < 68.6 Friday New York (Dow Jones) 1993.53 55.20 London (FT 30 Index) 1360.9 57.5 (Monday noon: 1348.4; -1 2J Exchange rates THE S$ firmed up against the US$ to182 words
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Article, Illustration618 1987-11-03 1 AMY BALAN - World markets keep changing directions By AMY BALAN STOCK MARKET investors worldwide are doing a lot more fence-sitting as the Crash of '87 enters its third week. Caution, not profit, remains the by-word for most fund managers as they prefer the safety of being on the sidelines in618 words
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Article88 1987-11-03 1 WALL STREET stocks turned higher yesterday following early profit-taking on strong blue chip gains, brokers said. They had expected early bargain buying, which they say has now overcome profit-taking. The Dow 30 was up six at 2000. Technicians said said some further gains were possible, but that88 words
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Article, Illustration570 1987-11-03 1 ALVIN TAY - By ALVIN TAY Banking Correspondent THE INTEREST RATE paid on Central Provident Fund savings will be adjusted downwards to 3.19 per cent for the six-month period starting Jan 1, 1988. The small reduction of 0.12 per cent the fifth decrease in less than570 words
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130 1987-11-03 1 Reuter INDONESIAN Armed Forces Commander Benny Murdani, who was due for retirement, said yesterday he had been given a one-year extension by President Suharto. General Murdani said in Jakarta that although he would be officially retired, he would lead the 280,000-strong military asReuter - 130 words
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346 1987-11-03 1 AFP CAMBODIAN resistance leader Prince Norodom Sihanouk has rejected an offer of a high state position in the Hanoi-backed Cambodian government in Phnom Penh. "There is no question of Prince Norodom Sihanouk accepting a post or a function, even a high one, inAFP - 346 words
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Article, Illustration430 1987-11-03 1 CORDLESS TELEPHONES produced by the local factory of the American company AT T are selling like "hot cakes" in the US although they are one-third more expensive than their competitors. This is because they are superior products better designed, more reliable430 words
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Article117 1987-11-03 1 IN OUR ISSUE of September 23rd we published an article headed "PSA pays $15 million in claims for godown fire". There were references in that article to the law firm Cooma, Lau Loh M Karthigesu. It was not our intention to suggest that the firm had either wilfully or117 words
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Page 1 Advertisements
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Advertisement110 1987-11-03 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Vs Transparent Ink Feeder Structured to function exactly like a fountain pen Metal Ball Tip For extra smooth, highly flexible writing signing in blue, black and red. The g(K)d. old fountain pen makes a Victorious comeback in the best, bold form of the Pilot110 words
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Advertisement304 1987-11-03 1 US$ takes another bashing, Paga 15 Baker blames West German official for stock market crash, Page 15 Fell's bid to boost HK market confidence, Page 18 BP'S 70p price was Lawson's idea, Page 19 US Industrial economy expanded in October, Page 5 \mm Interfama has roped in an adviser tor304 words
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Advertisement237 1987-11-03 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Four Cards for The price Of One a t i k; g: o Hongkongßank <TV When you apply for either a Hongkongßank Visa card or MasterCard, you get the other card FREE. And you may apply for a supplementary Visa card and MasterCard for237 words
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Page 2 Advertisements
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Advertisement566 1987-11-03 2 IBM Announces: A new IBM System/36 that fits under a desk. Adaptable, connectable, affordable. IBM introduces the newest member of the growing System/36 family of midrange computers: the 5363. Advanced new technology makes it small enough and quiet enough to fit under a desk, yet it's got the gj power566 words
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HOME NEWS
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Article, Illustration167 1987-11-03 3 A ROUND OF GOLF at the Tanah Merah Country Club yesterday provided a brief respite from a busy schedule for Malaysian Defence Minister Tengku Ahmad Rithauddeen. Tengku Ahmad Rithauddeen arrived yesterday morning for a three-day visit at the invitation of his Singapore counterpart, Defence Minister Goh Chok167 words
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Article312 1987-11-03 3 LOCAL ENGINEERING COMPANIES can tap about $100 million worth of business annually from Japan by selling their services as sub-con-tractors. But this, said Trade Development Board officer Ling Ming Chuan, was only a minute fraction of Japan's total exports of industrial plants. Japan sold about $13.1 billion312 words
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Article, Illustration242 1987-11-03 3 NOEL DENIS HAWKES has been appointed general manager of Hotel Phoenix Singapore. Mr Hawkes was formerly with Federal Hotel Kuala Lumpur as executive manager and marketing manager of the Federal Hotels International in Malaysia. VERNER JORGENSEN is now-re- gional customer engineering manager of Memorex Singapore Re Ltd,242 words
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218 1987-11-03 3 ASIAWEEK has published the original versions of two letters sent by the Singapore government to the magazine, a month after the government restricted the weekly news magazine's sales for failing to do so. In its latest issue dated Nov 6. the Hongkong-based magazine218 words
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162 1987-11-03 3 STORED-VALUE tickets for rides on Mass Rapid Transit (MRT) trains are now on sale at five MRT stations Toa Payoh, Braddell, Bishan. Ang Mo Kio and Yio Chu Kang. According to a statement yesterday from the Singapore MRT Ltd (SMRT), the company has decided162 words
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Article81 1987-11-03 3 THE LIONS will meet in the Lion City next year and in 1989 In April 1988. 1,000 Lions will meet in Singapore for the 26th convention to be held by the multiple district 308 Lions. In 1989, 100 big shots members of the board of directors of81 words
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348 1987-11-03 3 MARTIN SOONG - By MARTIN SOONG INTERFAMA, an exhibition organiser, has roped in an adviser to the 1992 World's Fair in Seville. Spain, to help organise a new consumer goods show here in two years time. A recent Interfama statement said the company, headed by executive348 words
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350 1987-11-03 3 CHINA is prepared to consider waiving its 40 per cent import duty on ink and printing supplies for export publications produced jointly with Singapore companies. The tax incentives being considered are part of China s general bid to attract more foreign investors to350 words
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141 1987-11-03 3 SINGAPORE serves as an ideal starting ground for small and medium-sized West German companies which are keen to do business in Asia, according to Dr Hubert Krantz of Econ-Consult. Dr Krantz, who is leading a 19-member German delegation comprising representatives from small141 words
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161 1987-11-03 3 TWO JAPANESE food experts arrived yesterday to give local food and drinks manufacturers a thorough insight into Japan's strict food import regulations. They are Mr Hiroshi Moriguchi and Mr Takashi Takahashi, both from the Ministry of Health and Welfare. In the first161 words
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Page 3 Advertisements
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Advertisement170 1987-11-03 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day Roland is the name of a very versatile plotter Roland has many competitors, but very few can rival Roland's versatility: from accurate, vivid renditions of C AD-produced plans, to straight-forward, eye-catching, impressive and authoritative business graphics. Roland operates on programmes170 words
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Advertisement339 1987-11-03 3 Tyf Chinese trade gold from the 'Sunktng Cargo' photograph courtef) of Chnstws. GOLDEN TOUCH. Trade finance has a long and important history During the 18th century, gold "Nanking Shoes' were used by Chinese and European merchants to finance trade throughout Asia the one shown above was part of a valuable339 words
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ASIA – PACIFIC
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261 1987-11-03 4 Reuter THE US House-Senate joint economic committee called on Taiwan on Sunday to assesa ways to cut its trade surplus to help end world trading imbalances that are threatening the global economy. It said Taiwanese leaders should consider increasing domestic investmentReuter - 261 words
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365 1987-11-03 4 UPI SOUTH ASIAN foreign ministers have agreed to examine the possibility of enlarging their two-year-old regional group to include new members. A statement released by the Foreign Ministers of Nepal, India. Pakistan. Sri Lanka. Bangaldesh, the Maldives and Bhutan comprising the South Asian Association forUPI - 365 words
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431 1987-11-03 4 Taiwan and South Korea among chief beneficiaries Bernama THE STRONG YEN has prompted smaller Japanese firms to step up investment in South-east Asian countries, sparking sharp economic growth there, according to a survey by Kyodo News Service. The trend has become apparent particularly sinceBernama - 431 words
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250 1987-11-03 4 Reuter Fiji's economy faces big problems after two military coups, but the South Pacific island state will not go bankrupt. Finance Minister Josua Cavalevu said yesterday. Fiji's foreign reserves had dwindled, inflation was high and the country's main export earners tourismReuter - 250 words
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Page 4 Advertisements
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Advertisement138 1987-11-03 4 ■>r s/v,. Athens, Copenhagen, Frankfurt, Rome, Stockholm. They're hours shorter with Thai If you're on your way to any one of the five exciting European cities, youd be pleased to know that they're much closer with Thai. You see, we fly there non-stop from Bangkok, shortening the usual flight time138 words
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Advertisement319 1987-11-03 4 NEW SEASONS HIGH PQNT Shop at tlx- Shopping Gallery at the I lilton and win I double return air tickets to tlie fashion capitals ol the world. A TESTONI ITALIAN SHOES If LEATHER ACCES&OMES AD-HOC AMHKAN KXmQUE AIZIA DISCOVERIES ANTIQUES ALFRED DUNHILL COMPLETE FASHION UNE boutique two m ITALIAN FASMON319 words
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Page 4 Miscellaneous
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Miscellaneous122 1987-11-03 4 Singapore OUTLOOK: Skewers over many «rm In Ms morning mi Report for 24 hourj prior *o 7.30pm on Nov 2 at th« otrporh Max temp. SU Anoc humidity M Mtn tfwtp. ~.,,-.,1,1. 2SJ Amoc humidity M HTSOIMMMM— 4.50 RaMaM In mm 4J Rainy day* Ms mfe— X Moscow -04/03 door122 words
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REST OF THE WORLD
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315 1987-11-03 5 Reuter THE WEST GERMAN economy will grow 2 per cent in 1986 after expanding 1.75 per cent this year, five leading economic institutes said in a semi-annual report. The report said the outlook for the economy was favourable, although unemployment would rise nextReuter - 315 words
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269 1987-11-03 5 AFP GOVERNMENT MINISTERS and officials from 66 developing countries, most of them in Africa, have agreed to intensify economic sanctions- against South Africa. They have also decided to ask the 12-nation European Community to increase economic pressure to dismantle apartheid by intensifyingAFP - 269 words
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486 1987-11-03 5 Survey shows strong advance in production and new orders NYT THE industrial economy ot the US continued to expand in October despite the crisis in the stock market, the National Association of Purchasing Management says in its monthly report. According to the trade groupNYT - 486 words
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200 1987-11-03 5 Reuter US BUDGET NEGOTIATORS trying to devise ways to cut the deficit through spending and revenue measures are aiming at a two-year binding package, the ranking minority member on the Senate Budget Committee said. "We are talking about essentially a two-yearReuter - 200 words
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Article, Illustration305 1987-11-03 5 AFP DEFENCE MINISTERS from the Nato member nations are to open two days of meetings in Monterey, California, today to discuss the alliance's defences in the aftermath of a pending US-Soviet treaty to eliminate intermediate-range nuclear forces (INF). Alton Keel, the US Ambassador toAFP - 305 words
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Article646 1987-11-03 5 ARRIVALS Operator Sorvico number Local Hm« From MAS MH682 1315 KUL MAS MH677 1330 na GU GA963 1330 CGK GU GA903 1410 FOG Al A1433 1430 MAA/&OM SiA SQ110 1445 KUL GU GA957 1500 0FS StA SQ957 1500 DPS THAJ TG406 1515 HKT/IKK SiA SQ206 1515 CGK646 words
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Page 5 Advertisements
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Advertisement104 1987-11-03 5 f I Y \l If I r llf The business person's chcuce, every I I II I II I Tuesdoy, Thursday, Saturday and I Ma W\ II f Sunday. Leaving Chongi Airport at JL i A V-X 22:05 hours and arriving at Lester B. Pearson International Airport the following day.104 words
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COMMODITIES
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530 1987-11-03 6 MBT MALAYSIA is negotiating sale of liquefied natural gas to new customers such as South Korea and Taiwan and to new Japanese buyers. The authorities are also looking into the possibility of increasing the supplies to the two existing customers from Japan Tokyo ElectricMBT - 530 words
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Article202 1987-11-03 6 Chinese Produce Exchange SoMort' noon dosing pricos on Nov 2 (SS/100 kg) Coconut oil Soft FOB 95.00 CMd drum FOB 105.00 Now drum FOB 109.00 Copra Mlxod (loot*) 56 (•Mors Pepper A A u 1|L| a wnm wTwiw FOB NIW 1317.50 Sarawak whito FOB faq NIW 1302JO Sarawak202 words
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Article385 1987-11-03 6 HONGKONG: The metal closed firmer in fairly quiet trading yesterday with only light demand from physical traders. Sentiment remained positive following the recent sharp fall of the US dollar and turmoil on global stock markets. But considerable resistance at the US$47O an ounce level was noted. Gold ended385 words
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Article258 1987-11-03 6 Crude palm oil future* moved narrowly throughout yesterday before closing slightly higher on light covering and speculative buying interest. November. December and January closed Ms 3 higher at Ms76o, M 5762 and M 5763 a tonne respectively. Turnover was 266 lots compared with 401 last Friday. Crude palm258 words
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Article78 1987-11-03 6 OIL MARKETS came to a virtual standstill yesterday as traders were reluctant to open positions. In such uncertain times, the priority among traders was to minimise risk. USJ/borr^ Oungl Dubai (Ok) 17. JO -0.02 Wm T#.ot WTI (Ok) l*.9t Midi Products (FOB S'pore) Chang* IC»rown« 21.60 tndi78 words
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Article120 1987-11-03 6 THE PRICE of tin on the Kuala Lumpur Tin Market fall IS centa yesterday from laat Friday's ctooe to Mfl7.lt a kg on Initial oirtnngs. The fall waa alao duo parity lo Vie weaker European spot tin market last week, and lack of stronQ demand because of the120 words
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Article354 1987-11-03 6 SINGAPORE The market closed slightly lower yesterday with December One RSS buyers quoted at 213.50 cents a kg. down 1.50 cent from last Friday's close. The morning session ended little changed due to lack of buying in quiet trading after a firmer opening. Prices eased 0.50 cent in quiet354 words
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Article250 1987-11-03 6 RAS prices m s cmw fob m m NOON CLOSE Bvyon s^iiid tvyor* Seller* Im 1 RSS Prompt 215.00 216.00N 214.50 21 5 JON Int 1 RSS Dec 87 214.00 214.50 213JO 214.00 In* 1 RSS ion 88 215.25 215.75 ***** 215.25 tat 2 RSS Of 212.00250 words
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Article79 1987-11-03 6 (c—l/kg, -ton poAds) DECEMBER 87 JANUARY 88 (ourrwir month) (forward month) RAS NOON NOON •wyan S«»in bfM S*n sat 30 31X00 315.00 21X00 315.00 SSI 50 311 JO 31X50 211 JO 31X50 T 41:1 SaNan SMI CV A-i 361.00 370.00N 269.00 271.00N SMI L 261.00 270.00N 26979 words
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Page 6 Advertisements
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Advertisement369 1987-11-03 6 (Continuous form feed). HOW TO SAVE TIME IN-BETWEEN JOBS. This is where you're likely to waste a lot of time. When you're setting up for the next printing job. And changing from continuous form to single sheet. Or vice versa. But not when you're using Epson's new 24-pin LQ-1050. Because369 words
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FOCUS
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Article, Illustration1523 1987-11-03 7 John-Thor Dahlburg - Seventy years after the Bolshevik Revolution, the Soviet Union is again a crucible for far-reaching changes as party leader Mikhail Gorbachev pursues his own brand of 'revolution without bullets'. John-Thor Dahlburg reports. John-Thor Dahlburg AP ON NOV 7, Soviet Communist Party leader Mikhail GorbachevAP - 1,523 words
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Page 7 Advertisements
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Advertisement241 1987-11-03 7 i 1 1 sr. M... J M -V mc ..A B Little wonder they don't build cars like they used to. Building a pen is difficult enough. Oh, the elegant lines of the 1925 Hispano Suiza. Oh, the elegant lines of the 1927 Parker Duofold. The car may no longer241 words
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Page 7 Miscellaneous
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Miscellaneous75 1987-11-03 7 Doonesbury PUKB, I MA KB AN INVBSTmbnt, i expecr to sbb A RETURN. HOOUCDMBI 1 ponT see no return 2 FROM YOUR o ACTION? UJHAT ACTION? INBVBR TAPPSP INTO THe SLUSH FUNP! CASBY aePBBFORB GIVING MB THB NUMBBR. BYTHBN, YOUR LOAN HADGONBTO BXPENSeS. -_7\ If c.Vw 10-2B BY GARRY TRUDEAU75 words
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PERSPECTIVE
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Article460 1987-11-03 8 STRONGMAN Deng Xiaoping is leaving the Chinese political scene in triumph after 10 years at the helm. But there is little doubt that he remains in overall control. Having successfully charted the future of modern China through economic and political reforms, the 83-year-old Mr Deng460 words
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Article, Illustration826 1987-11-03 8 GENE GIBBONS; BRYAN BRUMLEY - President Reagan and Soviet leader Mikhail Gorbachev are to meet on Dec 7 to sign a treaty banning medium-range nuclear missiles. The pressure is great on both leaders to come up with a historic pact, reports BRYAN BRUMLEY. Meanwhile, President Reagan, though buoyed politically byAP - 826 words
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672 1987-11-03 8 Reuter PRESIDENT REAGAN, adrift in a sea of troubles a week ago, has been buoyed politically by the recent rebound on Wall Street and Mikhail Gorbachev's sudden turnabout on a US-Soviet summit. But White House insiders concede Mr Reagan still faces a long listReuter - 672 words
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Article, Illustration1291 1987-11-03 9 PATRICK MOSER - Foreign donors providing only emergency relief By PATRICK MOSER UPI THE GRIM REAPER is stalking Ethiopia once again. And again, foreign aid donors are rushing to the rescue but only as drought and starvation begin to take their toll. They are not putting much effortUPI - 1,291 words
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Page 8 Advertisements
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Advertisement521 1987-11-03 8 SUCCESS The ACER team is working hard in more than 50 countries round-the-world, round-the-clock. We'd like to do the same for you. At Acer International, our jt will run tomorrow's I commitment to research and advanced 1 ACER 500* commitment to research and advanced development has enabled us 32-bit to521 words
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Page 9 Advertisements
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Advertisement95 1987-11-03 9 Motorists are paying higher and higher car prices ///A because of soaring: DM., Yen, Franc, British pound for the past year. M Renault local importer in celebration of the sixth anniversary without any increase in price gives you fIHHH value for money:-3-YEAR WARRANTY Trouble-free motoring. No worries on spare parts95 words
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Advertisement197 1987-11-03 9 fH WINTRODUi lOVANNI'S I ITALIANS', t m*. m $8^ Qiovanni's done it again. He's come up with a whole new concept for an Italian style lunch in the afternoon. It consists of a special Antipasto Buffet, unlimited Oyster and Salad Bar, Soup, Cheese and Dessert Buffet. The main course includes197 words
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Page 9 Miscellaneous
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Miscellaneous1293 1987-11-03 9 TO m mDCId) B 12 PM SBC Text Sample Pages. Opening and Programme Highlights followed by Never The Twain A Night to Remember. The Nanking Cargo (See highlights). Musical Interlude. No Ploce Like Home. Cosmopoiifon Theatre Melba (Pt 4). Musical Interlude. World Youth Championship 1987 (2nd Semi-Finals and Final). AM1,293 words
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Page 10 Advertisements
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Page 11 Advertisements
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Advertisement229 1987-11-03 11 Sometimes the name you grow up with doesn't suit you anymore. Amanah-Chase Merchant Bank Berhad. ft was a good name. And it stood for a lot of good things. Now we're Amanah Merchant Bank Berhad. Amanah means trust. Trust that we have gained from our clients, associates and employees —the229 words
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SPORTS & LEISURE
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Article, Illustration758 1987-11-03 12 UPI THEY WERE an army of sorts, some 22,000-strong who assembled on Sunday morning at a fort on Staten Island, New York, awaiting a cannon's blast Only this brigade was outfitted in designer underwear, plunging into battle to the thump of aerobic music andUPI - 758 words
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Article, Illustration459 1987-11-03 13 WALTON MORAIS - By WALTON MORAIS TWO WEEKS before he leaves with M Murugiah for the biggest assignment of his professional golf career, Lim Kian Kee is not a happy man. The 22-year-old assistant professional at Sembawang is not happy with various aspects of his459 words
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308 1987-11-03 13 Reuter THE GLOOM surrounding the crash of the Australian stock market will be swept aside today as the nation turns its attention to the Melbourne Cup. the highlight of the horse racing and social seasons Australians are expected to wager around Asloo millionReuter - 308 words
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Article, Illustration538 1987-11-03 13 AP TOM WATSON, exhibiting the gritty determination that once made him the game's greatest player, ended a three-year victory famine on Sunday. Watson, the leader all the way. scrambled to a final-round two-under-par 68 and a twostroke victory over Chip Beck in theAP - 538 words
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452 1987-11-03 13 AP IVAN LENOL won the world's richest indoor tournament on Sunday, but even getting his U*****,000 cheque didn't make it a perfect day. He had already missed the first plane home. Although Lendl beat fellow Czechoslovak Miloslav Mecir 5-7, 6-1, 6-4, 6-3 to winAP - 452 words
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141 1987-11-03 13 AP EIGHTEEN CHALLENGERS representing 10 countries have applied to compete in the 1991 America's Cup, the prestigious sailing regatta to be held in the Pacific Ocean off San Diego. Entry forms were received by the Saturday deadline from five Australian yacht clubs,AP - 141 words
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Page 12 Advertisements
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Advertisement940 1987-11-03 12 y ta v* Srt t* r—id wim, <itt*e Grills Greens .*rn A choice of 18 salads, five cold cuts, soup, three roasts, eight grills 12 desserts. What more could you ask for? The entire buffet spread is yours for $25.50 per adult $15.00 per child under 12. BARON'S TABLE. BSJRM'S940 words
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Advertisement174 1987-11-03 12 Mandarin Singapore presents AWfeekof TUrkish Delight 30 October to 4 November There's Princess Banu and a bevy of beauties, a collection of carpets and Hirkish cuisine prepared by Ankara chefs. Plus air tickets to be won. At The Belvedere (sth floor) Buffet lunch and fashion show: 30 October to 4174 words
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Page 13 Advertisements
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Advertisement265 1987-11-03 13 S3 Si in r Aj nr .m Every second's on-the-house! The Fountain Lounge is flowing with the good times Between 5 and 8 pm daily, for every drink you order you get your next FREE. And bottte purchasers pay just half the price. There's no happier time to enjoy your265 words
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Advertisement231 1987-11-03 13 Spectacular views from atop the world's tallest hotel. At the Restaurant, choose from Continental cuisine. Or unwind at the Bar with specialty cocktails and snacks. Restaurant: 12pm 2.30pm, 7pm 11pm. Bar: 11 am lam. Seafood Buffet Lunch: Mon Fri. 70th Floor, Westin Stamford. Reservations: 338 8585 ext. ***** or 330231 words
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Advertisement22 1987-11-03 13 BULLS BEARS Restaurant k ftar Pl* lid 176. Orchard Road. #03-45/46 Centrepoint. Singapore 0923 Tel: 235-6268. 732-8593 Business Hours: 11.30 am 11.30pm22 words
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Page 13 Miscellaneous
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Miscellaneous755 1987-11-03 13 Play golf the Sevvy way Grip pressure '•t« Imtui sm Pirn Niunt THIS tS WRONG THE CORRECT WWV W TO 60 PROM II6MT AT ADDRESS TO TIGHT AT fMPACT SOME HAVE SUGGESTED THE GRIP AT ADDRESS SHOUID BE UKE" If JHOUIO BE LIKE HOtMNG A BIRO SO AS NOT TO755 words
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MONEY AND EXCHANGES
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Article1199 1987-11-03 14 SINGAPORE: The US dollar closed easier yesterday against major currencies in thin trading in spite of moderate Bank of Japan intervention in Tokyo. Existing bearish sentiment was reinforced by the failure so far of talks between the Reagan Administration and Congressional leaders on measures to trim the budget1,199 words
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Article593 1987-11-03 14 DECEMBER Eurodollar opened sharply lower yesterday at 92.34 compared with. last Friday's close as the prospects for a lower discount rate was diminished by Fed governor Angel Is comments. Prices initially eased off to 92.31 but recovered to 92.40 subsequently as the Nikkei stock market lost further grounds. The593 words
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Article354 1987-11-03 14 ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. Most operators were sidelined in the afternoon due to lack of interest. The market was awaiting the release of US September construction spending and factory orders data due later in the day. Short-dates354 words
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Article138 1987-11-03 14 Gold future# on Oct 30 100 trw 1 ounm USS par troy ou Op— Mfl* Lot Mk Not 466 90 2 JO Ok 469 00 471.50 ***** 471.20 2.50 ion ***** 2 JO Nk M 475.00 477.60 473 50 477.20 2 JO 479.90 4I3J0 479 60 403.10138 words
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Article1483 1987-11-03 14 INTEREST RATES OPTIONS Mondoy, *»V 2, 1987 EURODOLLAR (SIMC !X) Dtc 17 coftt Oac «7 paM Lav •oa LMT •oa 11 290A 288 1 9000 239A 238 i 9050 1*9 A 88 i 9100 140A 139 4 4 2 9)25 1I7A 117 4 9150 94A 94 9)75 74A 741,483 words
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Page 14 Advertisements
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Advertisement720 1987-11-03 14 NOTICES MIKE NOTICE IS HEREBY GIVEN that, I Han Jin Phong of No. 108 Braddell Hill #18-05 Singapore 2057, have applied for a First Class Public House licence in respect of premises at Beluga Restaurant Pte Ltd 133 Cecil Street #18-00 Keck Seng Tower, Singapore 0106, and that this apSlication720 words
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Advertisement450 1987-11-03 14 In the matter of THE COMPANIES ACT. (CHAPTER 50) and In the matter of FOOD TRADITIONS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the Members of POOD TRADITIONS PTE LTD duly convened and held at 2 Essex Road #14-02, Lion Towers, Singapore 1130 on 27 October450 words
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BANKING AND FINANCE
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Article, Illustration974 1987-11-03 15 HENRY KAUFMAN - AS CHIEF ECONOMIST for Salomon Brothers Inc, the largest US investment banking firm, HENRY KAUFMAN has earned the distinction of being one of Wall Street's most influential forecasters. His views on interest rate trends in the US have a good following outside the974 words
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198 1987-11-03 15 Reuter SWITZERLAND is prepared to be flexible about the growth in its money supply so as to prevent too great a rise in the Swiss franc. Swiss National Bank president Pierre Languetin said it was not a matter of importance whether the moneyReuter - 198 words
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Article, Illustration246 1987-11-03 15 Reuter US TREASURY SECRETARY James Baker has blamed West German central bank official Helmut Schlesinger for the recent stock markets' plunge. Newsweek International has said. Mr Baker said the Bundesbank vice-president engineered four interest rate increases, the most recent a weekReuter - 246 words
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Article468 1987-11-03 15 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE AMERICAN CURRENCY yesterday buckled under selling pressure in the foreign exchange markets in Singapore, Tokyo and other financial centres after a short-lived recovery last Friday. In nervous trading, the greenback weakened against the Singapore dollar and key currencies468 words
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347 1987-11-03 15 Reuter A SENIOR West German central banker has suggested West Germany's central bank, the Bundesbank, be "Europeanised" to fulfill the role of a central bank for the whole of the European Community (EC). French President Francois Mitterrand earlier this month called for aReuter - 347 words
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175 1987-11-03 15 Reuter SOUTH KOREA'S parliament has approved a budget for next year which envisages a small revaluation of the won against the US dollar in spite of American pressure to speed up the rise. A parliamentary spokesman told reporters last Friday the balanced 1988 budgetReuter - 175 words
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456 1987-11-03 15 FT A TEAM OF London accountants have kicked a bit of sand in the face of the revolutionaries who overthrew Imperial Russia almost exactly 70 years ago By sending out nearly 3,300 cheques last Friday to Russian bond holders around the world,FT - 456 words
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Article86 1987-11-03 15 Treasury bills Period Issue Yesterday's closing Day's code Maturity BID OFFER HIGH LOW 3 months BQ*****X 24.1.88 3.72 3.67 3.69 3.56 6 months BS*****S 21.4.88 3.74 3.69 3.65 3.63 1 yeor BY*****S 22.09.88 3.76 3.71 3.74 3.73 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing86 words
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Article, Illustration193 1987-11-03 15 Indicates the average of the prime lending rates of 12 major banks In S'pore Interbank market rates (offer/bid) on Nov 2 US$ DM SWFC Yen 7 days 7 1/8 7 9 l/J J/8 3 11/16 9/16 13/4 1 /a 4 J/16 3/16 1 7 3/16 1/16 9193 words
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Article67 1987-11-03 15 THE OVERNIGHT RATE on the Singapore interbank market fell 2% points to end at 114 per cent yesterday. The one and three-month term rates fell by 1/16 point each while the two-month remained unchanged S$ Interbank rates at 7pm yesterday: OFfH BID Ove."•0* 1 |/2 I t -month67 words
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190 1987-11-03 15 AP PRESIDENT AQUINO said on Sunday that the central bank will defend the Philippine peso on money markets "only to ensure modest movement" and not to set an artificially higher value. "I would like you to know that the government will not intervene inAP - 190 words
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Page 15 Advertisements
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Advertisement328 1987-11-03 15 WATER ASIA'B7 InifnutKwai tnafrfmo- »E »»ter \luusfOMOt :B 2##ii for tk* PwftofMH(<>uitnes" #8-10 Dec'B7 Hyatt Regency Singapore water Asia 87 Conference is a global forum aimed at promoting international cooperation in solving the problems of water management. Architects, consultants, scientists, engineers, environmentalists, health officials and manufacturers will find the conference328 words
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Advertisement164 1987-11-03 15 Take A EreeTHb For Two Weeks. y. Send in the coupon and we will deliver the Trib The International Herald Tribune absolutely FREE to your office or home for two weeks. Your daily Trib keeps you on top of the world's most significant news stories. Keeps your finger on the164 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4401 1987-11-03 16 THE MARKET rebounded for the second business day in heavy trading with profit-taking well-absorbed to close "nervouslysteady". A significant amount of bargain hunting sucked up a lot of selling by institutions which were taking every opportunity to bail out of the market,4,401 words
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Article271 1987-11-03 16 SINGAPORE Rises Motro MMgi 61S F 6 N 745 S t A 950 Indicap* 344 0 I S 940 s r m 700 Spor* land 406 C*r*bot 50« 411 M Gta« '80 Nat Iran 498 Wtonm 3*4 Spar* tin 306 Strom Trading 358 M Uong Rn 300271 words
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Article4892 1987-11-03 16 SECTION ONE INDUSTRIAL ft COMMERCIAL Aemo 11 21 81 (22) I 25 (331 I 23 (91 I 20 124) I 24 1131 I 22 111 1 26 142) I 22 119) I 23 1121 I 21 Amol SM 50« II 39 Bl 17) 1 374,892 words
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Article46 1987-11-03 16 GULA PERAK Bhd: 18th AGM at No 52 Jalan Ampang. ***** Kuala Lumpur on Saturday, Nov 7, at 10am. KESANG CORPORATION Berttad: 26th AGM at the Raya Room. Mezzanine Floor, Hotel Equatorial. Jalan Sultan Ismail. ***** Kuala Lumpur on Monday. Nov 9. at 10am.46 words
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COMPANY NEWS
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503 1987-11-03 17 STANDARD CHARTERED Asia Ltd, the merchant banking arm of Standard Chartered PLC, has agreed to take a majority stake jn Hongkong securities firm Chin Tung Holdings Ltd. At the same time, Chin Tung, one of the top five Hongkong broking firms,503 words
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Article331 1987-11-03 17 THE RECENT UPTURN in palm oil prices has failed to bolster the final results of plantationbased Kumpulan Emas Bhd, which reported substantially lower profits for the year ended July 31. 1987. Group pre-tax profit fell by more than a third to M 53.32 million compared331 words
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Article, Illustration535 1987-11-03 17 ROSIE TAN - Authorities approve marina but reject residential, commercial components By ROSIE TAN PLANS TO REDEVELOP the Keppel Harbour Yard into a marina-cum-residential-commercial complex after the shipyard moves to Tuas have now been put on hold. Keppel Corporation Ltd. which owns the 300,000-square-metre yard, will535 words
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Article162 1987-11-03 17 SingLand buys back loan stock SINGAPORE LAND Ltd has purchased $18,000 nominal value unsecured loan stock 1982/89 from the market under Condition 5 of the loan stock certificate. In compliance with Condition 6. all loan stocks purchased will be cancelled and will not be available for resale or162 words
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Article93 1987-11-03 17 BANDAR RAYA Developments, the property arm of the Multi-Purpose group, has been named as a codefendant in a suit brought by Arab-Malaysian Merchant Bank against Bersatu Raya Developments. Claims against Bandar Raya could come to about Ms 34 million, about half of the total93 words
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765 1987-11-03 17 MBT SIME DARBY Hongkong, the HK-listed arm of the Sime Darby group, is planning to expand the scope of its operations. Apart from the trading sector which has traditionally been a core activity. Sime HK is keen to expand into areas whereMBT - 765 words
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Article145 1987-11-03 17 Company RIGHTS ISSUE O C B C Onefor Itn S3 00 per shore Ex-dote Od 28 Boots close No* 7 Shangri-la One for ten (4 50 per shore E. dote Oct 22 Books close Nov 3 U P P five 'or one ot SO 25 por per stare145 words
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Article552 1987-11-03 17 Company RIGHTS ISSUE Ayer Hitam Tin Thro* for one 250 pe' shore Bonvests Hldgs ♦354 million 6% unsecured loon stocks •nth warrants m the 'otio of )l loon stock for every 5 shores held ot 70 C 1 Holdings per shore 27 million loon stocks in the ratio552 words
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Article271 1987-11-03 17 Managers' pric** for Nov 3 Singapore Unit Trust Co*»*'c* 0*2 100 Th# Sovtngt Fund 080 087 S po>e frog fund 037 041 Spore Sec fund 0 62 067 S'por* kiv«*t fund 065 071 S'po« Eqwiy fund 0*5 050 Asia Unit Trust Mo< lnv«sf Fun<j 1 25 1 38271 words
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57 1987-11-03 17 Bernama THE MALAYSIAN Tourist Development Corporation (TDC) is offering for sale its five hotels and holiday resorts in the country, Culture and Tourism Minister Datuk Sabbaruddin Chik said yesterday. They include Club Mediterranee in Pahang. Langkawi Island Resort in Pulau Langkawi and theBernama - 57 words
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129 1987-11-03 17 MBT THE KUALA SIDIM Rubber Co has set aside MJ2.B million in the current year for the expansion of processing facilities at some of its rubber and palm oil factories as well as for new housing development in Sabah. Disclosing this in theMBT - 129 words
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270 1987-11-03 17 MBT MALAKOFF's purchase of a 50 per cent interest in rubber-based Kuala Muda Estate for Msls million has proven to be an excellent investment in view of improved rubber prices Chairman R M Alias says in his annual statement that the investment inMBT - 270 words
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Page 17 Advertisements
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Advertisement408 1987-11-03 17 Republic National Bank of New York A subsidiary of REPUBLIC NEW YORK CORPORATION Consolidated Statement of Condition (In Thousands) September 30, Assets Cash and demand accounts Interest bearing deposits with banks Short-term tax exempt investments Precious metals Investment securities Trading account assets Federal funds sold and securities purchased under agreements408 words
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REGIONAL MARKETS
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226 1987-11-03 18 UPI THE HONGKONG STOCK market opened yesterday unchanged from last Friday's closing price as the newly named executive director of the Hong Kong Stock Exchange held a first round of meetings with government and financial leaders. The Hang Seng Index, which closed lastUPI - 226 words
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206 1987-11-03 18 Reuter TOSHIBA MACHINE, the Japanese company caught exporting strategic technology to the Soviet Union, said last Friday it lost money for the first time in 10 years because of a punitive export ban. It reported losses of 185 million yen (US$l.33 million) for the sixReuter - 206 words
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Article267 1987-11-03 18 Reuter NISSAN MOTOR Company's profits fell 16 per cent over the last six months due to stiffer competition in the US market. Japan s second largest car maker said last Friday its parent-company after-tax profits dropped to 22.20 billion yen (US$l6O million) for the sixReuter - 267 words
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3612 1987-11-03 18 SHARE PRICES on the Kuala Lumpur stock market ended off-best yesterday as buyers turned cautious due to lack of funds. A broker said some institutional selling was detected near the afternoon break. He added that this was not really surprising because prices have crept3,612 words
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Article1442 1987-11-03 18 Hongkong Reuter PRICES on the Hongkong market closed lower under light selling pressure from foreign institutions yesterday, but trading remained thin with many firms on the sidelines. The Hang Seng index ended the day 36.90 points lower at 2,203.23 after rising more than 40 points in earlyReuter - 1,442 words
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Article126 1987-11-03 18 NOV 02 WON Ch#»l Sugar ***** -800 Oaotim Ind Daewoo Corp ***** 410 Deewoo Heavy Oawtiin Securities ***** ***** ♦840 ♦290 Dong Ah Phar ***** ♦90 Dong Suh Slock ***** •200 Dongbu Steel ***** -200 Gotd star ***** ♦380 Harnl Bank ***** -490 Harwl Cement ***** -150 Kankuk Glass126 words
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Article510 1987-11-03 18 Reuter SHARE PRICES closed slightly higher in thin trade on the Tokyo market yesterday, rebounding from lows at midday, as powerful securities houses stepped in, taking advantage of calm foreign exchange markets. The 225-share Nikkei Index gained 29 89 points to 23,358.60, sharply up from a midday 23,121.16 low.Reuter - 510 words
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Article408 1987-11-03 18 Reuter THE AUSTRALIAN share market closed higher yesterday on solid buying pressure encouraged by the strong share market rallies worldwide on Friday. Brokers said a stronger Australian dollar and firmer gold bullion prices also encouraged buyers. At the cloee, the All Ordinaries Index was 68.6 points. 5.0 per centReuter - 408 words
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Article163 1987-11-03 18 Reuter THE SECURITIES Exchange of Thailand Index rose 3.68 points to 303.51 on a turnover of 6,425,315 shares worth 522.03 million baht. Reuter s 8 i Ao Kham Thai in -2 Ayudhya Huwlnunt Bangkok Agro-lnd Bangkok Bank 96 319 10 Bank Ayudhya 300 14 Charoong Thai Wira ai •14Reuter - 163 words
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Article289 1987-11-03 18 AN Sine*?* Indua 3 16 0 06 Am CamarK 70 00 2 Camay Con* 74 00 0 5 Chang Hwi Bank 197 00 -6 Oang Loong 56 00 1.5 Chia Main Camant <9 70 07 Chin Main Flour 19 70 05 China Cham 27 70 0 4 China Dav289 words
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Page 18 Advertisements
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Advertisement214 1987-11-03 18 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighth Annual General Meeting of Rothmans Industries Limited will be held at the Registered Office of the Company, Virginia Park, 905 Bukit Timah Road, Singapore 2158, on Thursday, 26th November 1987 at 12.00 noon for the transaction of the214 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration735 1987-11-03 19 Focus on beefing up market's ability to withstand wild price swings Reuter THE NEW YORK stock market's stormy ride exposed several weaknesses in the trading system and has stirred a debate in the industry over what, if anything, should be done about them.Reuter - 735 words
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Article, Illustration840 1987-11-03 19 Reuter THE FLOP of a highly publicised sale of stock in British Petroleum may brake expansion plans but the oil company is a global giant which has shouldered its way out of trouble time and again in a history dating to 1901.Reuter - 840 words
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Article114 1987-11-03 19 HONGKONG All Industrials Monday Friday Week ogo NEW YORK 2080 6 Hongkong Index Monday 1433 8' Fndoy 1455 24 Week ogo *****) ***** ***** Hong Seng Index Monday Fridoy 2240 Week ogo 2241 69 Dow Jones Friday Thursday Week ogo 1993 53 1938 33 *****6 TOKYO Nikkei Average114 words
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Article195 1987-11-03 19 Reuter A 70 PENCE per share buy-back scheme providing a safety net for purchasers of the British Petroleum Co PLC share issue last week was Chancellor of the Exchequer Nigel Lawson's idea, a spokesman for Prime Minister Margaret Thatcher's Downing Street office said. TheReuter - 195 words
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Article129 1987-11-03 19 Reuter BRITISH CALEDONIAN is talking to other carriers about possible cooperation while awaiting a Monopolies Commission report on its proposed merger with British Airways PLC, a British Caledonian spokesman said. 'We have been talking to European and US carriers but I can't be specific about whichReuter - 129 words
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219 1987-11-03 19 Reuter THE FORBES four hundred ranking of America's richest people has become a little more exclusive since the recent global stock market collapse. The list this year required a minimum of US$225 million in net wealth to join. ButReuter - 219 words
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258 1987-11-03 19 FT FORD MOTOR Company of Britain last Friday offered its 32,500 manual workers a radical three-year pay and conditions package, incorporating wide-ranging changes to working practices, the introduction of quality improvement groups akin to quality circles, and the eventual harmonisation of the termsFT - 258 words
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125 1987-11-03 19 Reuter A SENIOR French minister has called for a slowdown in France's privatisation programme after a dramatic slump in the Paris stock market over the past two weeks. Housing and Transport Minister Pierre Mehaignerie told the Journal du Dimanche newspaper that the government shouldReuter - 125 words
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Page 19 Advertisements
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Advertisement119 1987-11-03 19 One word that means a great deal in anyone's language: Hertz. Travelling overseas? Then book your Hertz car before you go, to get our special Affordable rate. It's so low, that in many cases it's not even available to the people who live there. Yet, you'll still enjoy the service,119 words
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Advertisement68 1987-11-03 19 IT HnffiiiiH At 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 3.00pm 6.00pm 10.30pm68 words
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Article, Illustration624 1987-11-03 20 CHUANG PECK MING - Some fast-food operators worried about the competition By CHUANG PECK MING WITH THE LONG school holidays arriving, manufacturers desperate for workers are casting their eyes on students, long a major source of labour for fast-food operators and retailers. Manufacturers in the electronics and textile624 words
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Article, Illustration404 1987-11-03 20 The National Bank of Brunei trial THE NATIONAL BANK OF BRUNEI paid huge sums of money into Mr Khoo Teck Puat's accounts in July 1985, coinciding with the profits the tycoon was known to have reaped from the purchase of Wheelock404 words
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LATE FILE
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Article41 1987-11-03 20 UPI THE SOUTH ASIAN Association for Regional Cooperation opened a three-day summit in Katmandu yesterday, divided over Afghanistan's application to join the organisation. Unprecedented security measures were enforced for the arrival of five leaders participating in the summit.UPI - 41 words
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Article53 1987-11-03 20 Reuter SIKH EXTREMISTS, firing discriminately. gunned down seven people in a raid on a village in India's strife-torn northern state of Punjab on Sunday night, the Press Trust of India said. Six people were killed on the spot and one died later in hospital. Six villagersReuter - 53 words
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Article33 1987-11-03 20 UPI TAMIL guerilla snipers and bobby traps plagued Indian troops as they advanced yesterday through marshland to the outskirts of a key sepa-ratist-held district of the northern Jaffna Peninsula.UPI - 33 words
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Article63 1987-11-03 20 AFP SOUTH KOREA'S ruling Democratic Justice Party said the opposition was trying to blame it for the clash on Sunday between rival supporters of opposition leaders Kim Young-Sam and Kim DaeJung in Pusan. The DJP statement came after Mr Kim Young-Sam accused the ruling campAFP - 63 words
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46 1987-11-03 20 AP THE SOUTH KOREAN government will help push sales of Korean products in Japan and discourage Japanese imports in a bid to reduce its annual trade deficit with Tokyo to US$l.5 billion by 1992, trade officials said yesterday. APAP - 46 words
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Article39 1987-11-03 20 AFP NORTH KOREA announced yesterday for the first time that a new international airport was being built in the capital of Pyongyang which is bidding for a share of the Seoul Summer Olympics next year. AFPAFP - 39 words
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Article60 1987-11-03 20 AFP SUSPECTED communist rebels disarmed two security guards and raided a residential area near a US military facility north of Manila yesterday, the official Philippine News Agency said. The raid on Bonifacio Sub-division, where several Americans reside, occurred five days after three Americans and aAFP - 60 words
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Article47 1987-11-03 20 AP AUSTRALIAN and New Zealand trade unions yesterday lifted maritime and transport bans against Fiji. The Australian Council of Trade Unions and the New Zealand Federation of Labour announced the decision after meeting with representatives of the Fiji Trade Union Congress. APAP - 47 words
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389 1987-11-03 20 Reuter AFP SOVIET LEADER Mikhail Gorbachev yesterday opened weeklong celebrations to mark the 70th anniversary of the 1917 Bolshevik Revolution with a wideranging speech touching on arms control, the recent stock market crash, the Stalin era and reforms within hisReuter; AFP - 389 words
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223 1987-11-03 20 Bernama Reuter THE MALAYSIAN government s detention of 91 people under the Internal Security Act was not a hasty action. Neither was it intended to create difficulties for any group, Information Minister Datuk Mohamed Rahmat said in Kuala Lumpur yesterday. TheBernama; Reuter - 223 words
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318 1987-11-03 20 AFP CHINA got a fresh team of younger, largely reform-minded leaders yesterday. with the nomination of a new Communist Party politburo and powerful five-man standing committee. At the top of the hierarchy is Premier Zhao Ziyang, 69. who was elected as Communist Party generalAFP - 318 words
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239 1987-11-03 20 Bernama ES THE Msl2o-million plant for Asean Security Paper Mills Sdn Bhd in Sitiawan. Perak, is expected to be completed next year and will go on-stream as scheduled. Its technical manager, Philip Bernard, said in Kuala Lumpur yesterday the plant hadBernama ES - 239 words
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174 1987-11-03 20 AFP MALAYSIA'S new Copyright Act, which provides for stringent penalties for offenders, will come into force on Dec 1, according to Deputy Trade Industry Minister Kok Wee Kiat. He said yesterday that the 1987 Act which replaces the current Copyright Act 1969 providedAFP - 174 words
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Article101 1987-11-03 20 Bernama PREBET ADAM JAAFAR was charged in the magistrate's court in Kuala Lumpur yesterday with the murder of a smallholder in Chow Kit two weeks ago. Adam, 23, of the Sixth Regiment Rangers, Camp Syed Putra in Ipoh, Perak, also faces two other charges under the Internal SecurityBernama - 101 words
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Article121 1987-11-03 20 Reuter COMEX GOLD futures gained on light buying yesterday against a weak US dollar but activity was subdued early due to the holiday closing of European centres for All Saints Day. December gold was up US$O.BO at U*****.00 an ounce after going over last Friday's highReuter - 121 words
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Page 20 Advertisements
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Advertisement163 1987-11-03 20 =,=%>*[.?;;?\+${^&_*)*':$))]"({ COMPUTERISED CHARTING SERVICE FOR THE LOCAL stockmarket- Chartamatic The best-selling computerised charting service in Singapore Malaysia. Provides historical data tor all counters on the SES. Used by leading banks, stockbroking firms and diversified institutions Studies Features Trendlines/Bar Charts/Point Figure/Line Charts/Relative Strength Indicator/Momentum/Overbought-Oversold/CADI/Volume Studies/Daily Weekly Price Charts and many moral163 words
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SHIPPING TIMES
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536 1987-11-03 21 LILIAN ANG - By LILIAN ANG THE JAPANESE-PERSIAN Gulf Rate Agreement will impose a US$2OO across-the-board freight increase with effect from January next year. The increase, the third stage of a rate restoration exercise which began in January this year, means that base rates for536 words
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306 1987-11-03 21 KINGSLEY WOOD - From KINGSLEY WOOD THE WEST AUSTRALIAN government has moved quickly to halt a spate of bomb hoaxes which are disrupting work on the North-West Shelf LNG project. Together with operator Woodside Petroleum and other key organisations, it has set306 words
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178 1987-11-03 21 ANOTHER practical test of Brazil's "mixed cargo" scheme to cut transport costs by piggybacking manufactures to distant markets atop bulk cargo shipments is being performed with success by Fiat Automoveis, subsidiary of the Italian automaker. Seatrade Week reported that small Brazilianmade Fiat178 words
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PORTSIDES
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119 1987-11-03 21 AFTER YEARS of discussions, plans for the establishment of a container leasing organisation is taking shape in India. The Indian Container Leasing Co will be established as a joint venture between the government-owned container manufacturer, Balmer Lawrie, and the US-based lessor, Transamerica ICS.119 words
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488 1987-11-03 22 Fairplay WHAT IS LOOKED upon by both builder and owner as an entirely new concept in design, the ship will make its debut on the maritime scene next month. The 17,300-dwt Americana, now under construction at the South Korean shipyard of Hyundai HeavyFairplay - 488 words
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Article, Illustration148 1987-11-03 22 S3sMBaWANG SHIPYARD will tojgin 1988 with a major corttcact to modify and upgrade a liner. Ocean Pearl. contract worth more tNin $10 million involves the T||rtensive overhaul of the liner's accommodation cabins, 'tuning areas, discotheque, "jfeops and offices. Of particular "JflJerest is the redesign148 words
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111 1987-11-03 22 Reuter SHIPPING in the southern Gulf went on alert for mines yesterday after a tanker captain reported a strange object in the water off Dubai. The captain of the Chevron South America radioed that the object was black and round and "only 15Reuter - 111 words
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Article734 1987-11-03 22 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 4 Anro Service IV 2/3 ANl 1 1/2 APC line V 4 API III 2/3 Arrow lines IX 5 ASCI III734 words
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Article1594 1987-11-03 22 INTEREST continues to be focussed on Panamax chartering to carry grain cargoes out of the US Gulf on Friday, with rates remaining fully steady at around US$lO for heavy grain destined for the Continent and at $18 for business to Japan, shipbrokers said A vessel with 60.000 tonnes1,594 words
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360 1987-11-03 23 Lloyd's List SIX CONFERENCES serving the important North Europe-United States trade have signed two controversial agreements to co-operate on rates and conditions. The agreements, which represent the most wide ranging realignment of the world's second largest trade this decade, involve 13 lines controlling atLloyd's List - 360 words
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102 1987-11-03 23 ASSOCIATED BRITISH Ports plans to diversify into general property, said ABP chairman Sir Keith Stuart. But it has no intention of abandoning its role as owner and operator of ports. Sir Keith envisaged the role of property to increase from its current 33102 words
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Article290 1987-11-03 23 AFP CHARTERERS remained nervous about entering the market for large shipments out of the Gulf States area, despite an apparent lull in the hostilities there during the past week. London brokers, E A Gibson, observed that the next few weeks will be "crucial" for owners of large tonnage,AFP - 290 words
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134 1987-11-03 23 EUROPACT North Europe US Atlantic Conference (NEAC) Atlantic Container Line (ACL); Compagnie General Maritime (CGM); Dart-ML; Gulf Container Line (GCL); Hapag-Lloyd Nedlloyd Lines; Sea-Land Service Inc; Trans Freight Lines (TFL). North Europe US GuM Freight CGM GCL; Hapag-Lloyd; Lykes Bros SS Co; Nedlloyd Lines; Sea-Land134 words
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10039 1987-11-03 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 of10,039 words
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Article1325 1987-11-03 29 AT CONVENTIONAL WHARVES VMM* Bf* Arrival Ovparliir* KEPPEL WHARVES AHowu Klf olonguda 071 I/IS00 Ari« O* atonguda at IW00 tquoKx M *22 olongud* 031 1/1330 GoWao Hovo* K32 alonguda Oil 1 woo Kola 8ortat K2I otonguda 0*1 1/1830 S'raitt Pnda K24€ otongvda 0«l 1/1300 Tofrto CIS o^ongtida1,325 words
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Page 21 Advertisements
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Advertisement779 1987-11-03 21 .l»t :.1 5C Av»»lat»'- «t *11 Good Bookshops Published by Cambridge University Press, uk STP Distributors OOCL Orient Oviiqeas Coktcimt Line ORIENTAL FAITH ORIENTAL FRIENDSHIP BROOKLYN BRIDGE ORIENTAL FORTUNE NEPTUNE JADE ORIENTAL FAIR CHTON NFK NYC HX SCP SM SM SW SU SM VU Ski SB Ski M SK) 12/11779 words
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Advertisement71 1987-11-03 21 mm WHAT IS LOOKED upon by both builder and owner as an entirely new concept in design, the ship will make its debut on the maritime scene next month. Page II SIX CONFERENCES serving the important North Europe-United States trade have signed two controversial agreements to co-operate on rates. Page71 words
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Advertisement641 1987-11-03 21 ggg ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co.-Pte Ltd. TEL: *****33 MAERBK LINE FAST TRANSIT TO U.S.A SINGAPORE/LONG BEACH I* DATS Th« week Cecil« M Closing Tune CY 1/11 1500 HRS CPS 1/11 0500 HRS To641 words
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Page 22 Advertisements
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Advertisement519 1987-11-03 22 CJTBOUNO TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA 'iCTHnnTTTM HAMBURG ETA VU SW FELIXSTOWE ETA *fll IIU IMIT3I ROTTERDAM ETA VU VU 23/12 AiM »ec«p«ing cargo to all U.K. destinations, Scandinavian (Aarhut. Copenhagen Gothenburg) and other European Inland points t West African519 words
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Advertisement17 1987-11-03 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement462 1987-11-03 22 CHARGEURS REUNIS f SPORE LA-REUNION ALTAI MARU 3/11 c« t noire um ani ALSO ACCEPT CAROO TO MAUWTIUS, LUANDA, WMAO, CONKARY, BOUAKE. TAMAUMOUKNO. P.NOME PGCNTIULIMEVILU DOUALA COTOMOU LOBE AMOJAN DAM* 22/11 2*12 4/12 w w #12 13/12 W1 17/12 mil a. wniiwu. numey, ouaoadouoou, mo omulabbo, yaounob, Bamako, Banjul. N462 words
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Page 23 Advertisements
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Advertisement935 1987-11-03 23 The Straits Steamship Group Mansfield Container Shipping PteLtd no/|f*y P&O m. Containers Limited CONTMNERSHP SERVICE TO UK/CONTVCNT: STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok PC CASUS PROGRESS PEGASUS PROGRESS SPORE In Pt/N Nw *11 No* TOM) EXPRESS MMLOON «AY FRANKFURT EXPRESS OSAMA MT NT ANO MRU LARGS935 words
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Advertisement641 1987-11-03 23 The Consulate General of the Republic of Panama in Singapore hereby wishes to remind all OWNERS, REPRESENTATIVES and AGENTS of PANAMANIAN REGIS TERED VESSELS that the Annual Tonnage/Annual Single Rate/Annual Inspection Tax/Annual Investigation Accident Tax for the year 1988 are now due for payments. In view of some instances in641 words
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Page 24 Advertisements
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Advertisement345 1987-11-03 24 .JNTAINERSHIP SERVICE TO UK/CONTINEN J Eiprtu 401 Wl ***** Mill 2501 27/11 KotHoon Bay 4/U «01 23/11 25/11 27/11 2*ll 3*ol Frankfurt Eiprtu 1«1 UU 102 3f12 5/U l/U 1/12 OuU Bay 1«11 1101 l|U IM2 ***** U/U IVI2 K tano Maru 2201 2«fll 1302 1502 17/U I*o2 2002 Urn345 words
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Advertisement648 1987-11-03 24 FULL V CONTAINERISED SERVICE tC.S.LINE g—u c»*r**Ar,— 10 fUROPI VIS SlliT^B Member the »cr Comortii*" NEPTUNE CRYSTAL 42W 1/11 21 CHINA CONTAINER «2W IVII HONGKONG CONTAINER 52W 22/11 II TRANSWORLO BRIDGE 4BW 29/11 li SEVEN SEAS MIDGE OH 6/12 2' KOREAN CHANCE 34H 13/12 3! ALSO CALLING ANTWERP VIA ROTTERDAM648 words
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Advertisement490 1987-11-03 24 FREIGHT LINKS EXPRESS PTE LTD ACCEPTING FCL/LCL TO ALL U.S.A. PORTS/INLAND DESTNS. Sailing: 7/11 A 17/11 i* m a jEiarera a 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 5/11490 words
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Advertisement1183 1987-11-03 24 m EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVE* GATHER/EVER GUARD 5|U *11 11/U 13(11 EVER GROWTH 12/11 l*u I*ll 2*ll is EVER LIVING/EVER GRAND 17/11 21/11 23/11 2*ll w EVER GENIUS Ml Sfll 2|U 4fU n EVER GREET 3/12 7/12 #12 11/12 5 EVER LINKINC 10/12 1402 I*l21,183 words
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Page 25 Advertisements
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Advertisement570 1987-11-03 25 4i PACIFIC INTERNATIONAL LINES W*\ Pl| Ruilriinq. 140 Cecil Slreel, 03-00 Sinq.iporo 0106 Tel ??***** FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE SIN JRT 7/11 ttffl 7/11 I*ll 11/11 I*ll I*ll 17/11 5C MY MM SM 9LW MM •M 9M M M *11 *11 7/11 I*ll 11/11 I*ll 11/11 I*ll570 words
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Advertisement244 1987-11-03 25 IMOFtBUL NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL SPORE MAfATwriN 1 N I TFD NC f PTE I TD TH M PK SP *1 oWG 4 TPr>t> *i 'i'lkU Pfc "i PfNANG TANIONC. MARINE SON BHD TEI SABAM TRANSPAC TEI yuffl "l.'4i> to t t BREAKBULK SERVICE TO EUROPE/UK S pore244 words
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Advertisement471 1987-11-03 25 BEN LINE CONTAINERS I iTTC.I i i VMM brw □Rirarn: EXPRESS CONTAINER SERVICE FROM UK/CONTINENT •ru wu urn urn urn noi am am ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN TORTS (KJJEBSEN LINE NFW ZE AL AND ZEAUM, PAPIA NEW MINEA Tl NEW FIJI A ramp ho**471 words
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Advertisement428 1987-11-03 25 ■ti d i. w hw. M' SS??t r• r« r xy )T> -'v »-V e T**' •.<«.■ .■*J» '■**!S£<v PttSmf !JBE-,a mm HJUiMId s&Mt J.iihi S IMTvm t DJAKARTA LLOYD INDONFSIAN NA lIONAI I iNf EXPRESS SEMI CONTAINERSHIP SERVICES' SINGAPORE TO EURO^^^H VSL/VOY JPOK 111 SRIWIJAYA/22W8 U-&A2 SPORE BILBAO ANTWERP428 words
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Advertisement129 1987-11-03 25 S'por* t Kotong Ldg for COMftO VOY 71OHS 10/11 12/11 Nan»«t/UK/**t/AnUp* Combo Mataytian Agontk PoHtopolan Tlmur lout Sdn BM KL *****23 *****03/1 Pi. K Stngoporo. *****12/*****57 36t1506/7 PELOPOR Voy 254 Voy 2SS Voy 26t Voy 257 Voy 2H StN PKL PEN SB* S» H/U 11/U 13/11 17/11 11/11 20.11 24/11129 words
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Page 26 Advertisements
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Advertisement1051 1987-11-03 26 "K"LinE SHIPPinG-DfYTfl ■l^VVv >.V ATLAriTIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK NYC HFX ORIENTAL FAITH VS Sid S Nov 21 Nov lOm lOOic 12D« UDr ORIENTAL FRIENDSHIP VS 7 Nov 12 Nov 5Dm IS Doc 17 Doc 19 Doc 23 Doc •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL •PK/PNG1,051 words
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Advertisement214 1987-11-03 26 Accepting LCL and South Africa OSAKA MARU 41Xf NAYAKAWA MARU 4235F VAAL 3532 C NEDLLOYO COLOMBO 4091 C cargoM Dlrad to w &ai am 8/11 1/12 11/12 J»rd«r* JAR DINE SNIPPING AGENCIES (REG. 242*4/ OOK) 200 CANTONMENT ROAD 012-06 SOUTHPOINT, SINGAPORE (Am tat 2211)11 TELEX NO: RS ***** TERMINAI/CfS TN.214 words
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Advertisement660 1987-11-03 26 'M AUSTRALIA EXPRESS CONTAINER SERVICE Acc*frtlng FCUFCL Coolatner* P Ketone llirwr ton* S port llMb frm Sfdn Abo Accapts "CHAHOIDAS" 12t ISMw»NmIDk(Dk AM/Br* w»ioas" v a 7 dk jo dk a ok v dk a*i/Bm CHANDIDAS" V.2921 Ok 5 tan 14 tan 12 tan AM/Brn INDIA EXPRESS CONTAINER SERVICE Accepting660 words
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Advertisement715 1987-11-03 26 GOLDEN LINE rS<o\ GUAM GUAM SHFTMG (fit) LID V 21, !M Im Skoal -H smtmm iim m smmi ua iacs) Fax SOW STRAITS/PERSIAN GULF SERVICE: Sport Mate* FW« GOLDEN HAVEN Cotombo/KaradH/Duboi In Pert QOLDCN «ONDCR Mombo/Karadw/Damowi'i 11/12 Nov CHINA SERVICE A VESSEL Hsika*. Shanghai 12/ M Nov Ml TUN SHAN715 words
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Advertisement413 1987-11-03 26 EAST/FAR EAST *11. W 1401 .M PHILI Oni€NT LINCS PT€ LTD PL J HfflrOf'C! 63 POI'NSOH POAD '0' 1? AtflO A PJ.LOIN3 S'NGArOPF 01C6 TUf» RS ?B7?0 PHUI fA* ??SSf 76 UK/EUROPE SERVICE 701. 1301 USA SERVICE OOMA. MUSCAT. BAHMM. AMI DHABI ft SHAAJAH JEOOAH. HOOEDAH AQAIA H KONG KOK.413 words
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Page 27 Advertisements
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Advertisement957 1987-11-03 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD ft EU/AUST TPA/SEA Ttnmnjl CFS BOOKINGS Z7SS7S3 27*5742 *****22 *****53 27*1U 27W1U 27*111 27*141 NEPLINE SON. BHD. mmm iNWARDrtHJTWARD NEPtINE SON BHD 2****** WQUWES: *****44 NEPLINE SON BHD UOCBVt27MOft27ttI«27K2 NEPLINE SON. BHO. 23M40/238M1 AT cir(o will b* tranthippod via *0 Alm accopting957 words
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Advertisement356 1987-11-03 27 HEUNG-A SHIPPING Korean Flag Vessels DOM AM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON *i.|MS NM'IUMI AM V I I! M( H.IMs f i%as M n(>N HMO HI- 11 t I V* *».l MJfc! 1 1» .'.•>*'*4 <!• CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED356 words
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Advertisement752 1987-11-03 27 f 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 PENANG 2?,'J A Dt, !^I T h ST D CO SOW BHD MESSRS HAI752 words
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Page 28 Advertisements
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Advertisement317 1987-11-03 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 30 Lmni FAX *****39.*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO I DSR-LIIMES VI.H Dl UUHAIHT/SH REE DC Rf I V INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO: Accepting cargo (or INOIA Bombay, Cochin, M*drti ft Calcutta "VIA LARNACA Acceptor* carp317 words
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Page 28 Miscellaneous
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Miscellaneous165 1987-11-03 28 ft Z>A Regional Weather m S >;■ V. v> 1 >> t f'i SLy n > I? '(L SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: C yA cT w Wmd direction with speed in knots Wove height R Thunderstorm Temperature c X\ A howpr Weather Wind165 words
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Page 29 Advertisements
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Advertisement827 1987-11-03 29 Scan Dutch 9 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY I. Butanc/K Bhum l/U illl S/U l/U N. Daift/JM 1401 U/U 1201 1401 Nih«V4aiT aoi I*ol I*ol 2101 N. Dtjim/411 aoi am 102 102 B. W U/43 Satandia/OI TO RED SEA EAST MEDITERRANEAN WEEKLY J Bhum IAI 2*lo 2J/10 101 SO NiapaMa/m827 words
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Advertisement183 1987-11-03 29 UN I PACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE s'i*t st mi EAST BOUND SERVICE ETA SPORE LOADING FM "V RAiYLON 15/11 JAPAN WEST BOUND SERVICE ETA SPORE LOADING FCW m *L*AZI Vll JwfcUh Aaabi THROUGH ML* to lAGHOAO UPON REQUEST ALSO ACCEPTING CONTAINERS UfTO AQABA I BAGHDAD REEFER183 words
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Page 30 Advertisements
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Advertisement340 1987-11-03 30 Hai Sun Hup Co (Pte) Lt£ TEL *****06 (20 Lines) TLX RS ***** RS ***** ft I \S| I K\ \K I IM K I I I). H J WEEKLY CONVENTIONAL I HEAVY LIFT SERVICE FROM SINGAPORE/PORT KELANG TO: HONGKONG KEELUNG KAOHSIUNG TOKYO/OSAKA YOKOHAMA NAGOYA/KOBE CAR CARRIER SERVICE TO MUARA/KUCHING340 words
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Advertisement366 1987-11-03 30 \v^r o COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEM-CONTAMER SERVICE TO AhiicA Oct an LiNts Lid. VESSEL MV EFFESSOS J® ETA SPORE 10/11 Lagos. Port Marcourt. Douala, and Tema Accepting FCL, LCL and BREAK BULK Other West African ports on inducement ■a jy* 4A'I:-;: Olscnarglrtg ETA SPORE366 words
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Advertisement172 1987-11-03 30 ir WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S PORE ETA KEELUNC CON-CARRIERS 11/17 4/11 10/11 CON-CARRIERS 19/17 «/ll IS/11 CON-CARRIERS 20/17 11/11 MAI WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE ETA SYD ETA MELB CON-CARRIERS 2S/I7 11/11 lfl2 5/17 CON-CARRIERS 21/17 24/11 li/U 20/12 Alio172 words
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Advertisement663 1987-11-03 30 MJUi CALL US ATP. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE i K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER 0 BUTANC 3B BUTANC m B BUTANC m P KELANG 07.11 14.12 21.11 an i N DC J663 words
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