The Business Times, 9 November 1987
1987-11-09
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The Business Times
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Title Section11 1987-11-09 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, NOVEMBER 9, 1987 75 CENTS11 words
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Article, Illustration1627 1987-11-09 1 SOH TIANG KENG - Singapore dollar holds its own investors look to bonds Local markets adjust to the financial crisis By SOH TIANG KENG Financial Correspondent THE SINGAPORE DOLLAR, which hit a six-year high against the US currency last week, is expected to continue rising against the greenback in the next few months. But1,627 words
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Article, Illustration201 1987-11-09 1 DOUGLAS BEATON scored the first hole-m-one of his 46-year golf career but it was Dr Wan Soon Bee and L K Pang who earned the right to don the maroon blazers symbolising supremacy in the Business Times Advertising 11th Anniversary201 words
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261 1987-11-09 1 EMPLOYEES in the public sector will get an extra bonus if the economy grows by 8 per cent this year, said Trade and Industry Minister Brigadier-General Lee Hsien Loong yesterday. The extra bonus would be a percentage of an261 words
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Article99 1987-11-09 1 AFP THE US is likely to enter into a recession next year and the world could suffer a substantial economic slowdown, possibly for several years. Experts attending the 16th annual Williamsburg Conference in Kota Kinabalu yesterday said that this scenario had a 70 per centAFP - 99 words
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Page 1 Advertisements
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Advertisement340 1987-11-09 1 Need a housing loan? WwFOONG 737-7977 l|Ap| W&yfcxmg Mortgage And Finance (S) Lid A wholK-owned suhskJian of 6(lavnK>re Hill #113-111 (lav more PI did Singapore 1W22 MANAGEMENT SOME HAVE quality management and staff development programmes, others are committed to high technology, established their reputation worldwide or withstood fierce competition. TONG340 words
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Advertisement279 1987-11-09 1 More stories on Page 13 THE MANUFACTURING SECTOR is likely to continue to grow foster in the South than in the North for this year and the next, according to a global report. ASIA-PACIFIC, Page 4 MOST American corporate economists are optimistic that consumers will recover their confidence and spend279 words
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Advertisement98 1987-11-09 1 A-ONE BOUTIQUE PTE LTD Shipping Times comes as a separate section today. Make sure you get your copy. Because of Atsuko's determination, no other airline can offer you this: ■> >J|VX t* JAL PLEDGE As highly trained and dedicated professionals we will confidently do our utmost to make any flight98 words
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MANAGEMENT
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2525 1987-11-09 2 TONG SUIT CHEE - Ttie National Productivity Awards are presented to companies in recognition of their good productivity practices and their contributions towards the productivity movement in Singapore. The awards serve to highlight the success stories of companies as models for others to follow. Five companies won the2,525 words
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148 1987-11-09 3 OPTIMISM has returned at least among the players in the semi-final round of the National Management Games The games, organised by the Singapore Institute of Management. ICL and Business Times, enters its fifth period this week Market demand had picked up by 13.4 per cent148 words
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Article, Illustration664 1987-11-09 3 CHARLES BATCHELOR - By CHARLES BATCHELOR WHEN PAUL HORNSEY went into business he took the typical entrepreneurial attitude to training. He ignored it. Now, 12 months on. Reel to Reel, the catering venture which he set up to provide meals for film664 words
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Article, Illustration1282 1987-11-09 3 Positions that call for experience, inquiring minds and energy THERE IS no such thing as a really non-executive chairman. Properly chosen non-execu-tives are invaluable assets It is true that power can corrupt. These are the three main conclusions of Sir Austin Pearce. chairman of British1,282 words
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Page 2 Advertisements
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Advertisement47 1987-11-09 2 Theßadio has become To The Departmental Manager Radio Services Marketing Telecoms Cus'orrer Services Centre (Comcentre Branch) 31 Ewer Road Smgaporeo923 Tel *****60 F« *****72 PLEASE SEND ME MORE INFORMATION ON THE NEW RATE RADIO MEMO PAGER Telecoms RADIO MEMO SERVICE CALL 730 2360/730 3490 FOR ENQUIRIES. P47 words
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Advertisement200 1987-11-09 2 tf<we uou fiea/id tfie j. c 0* tomato about Buait Sheet. P «**2t ■111 m lira VMM •tH* proposed Bugis Street 4-^ ci- M •7 rV-*.xsV'<e?- 32- Proposals are now invited for the management of the resited Bugis Street Bugis Street, the world famous tourist and local attraction, will soon200 words
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Page 3 Advertisements
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Advertisement86 1987-11-09 3 1 mm •55 3& i M i •^P f ftr Ermenegildo Zegna Boutique. *02-21/23 Wisma Atha. 435 Orchard Road. Singapore 0923 Tel: *****12 Open I Oam to Bpm daily Boutique comer at Tangs Superstore Sole Distributor: Diethelm Singapore Pie Ltd (Consumer Division) m Ermenegildo Zegna If you can tell a86 words
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ASIA-PACIFIC
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436 1987-11-09 4 Oana-Bernama ALTHOUGH severely affected by external shocks, the manufacturing sector is projected to continue to grow more rapidly in the South than in the North in 1987 and 1988, according to the latest global report on industry and development. The United Nations IndustrialOana-Bernama - 436 words
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368 1987-11-09 4 Reuter CHINA said its free-market price reforms had raised the annual inflation rate to 10 per cent and the reforms would have to be slowed down because of their "political implications". Moves to free price controls on goods ranging from vegetables to bicyclesReuter - 368 words
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345 1987-11-09 4 UPI BLACK MONDAY on the stock market should convince Americans that they must learn the languages and cultures of Asia if they are to compete in tomorrow's business world, an expert on East-West relations said. "When markets in the United States. Tokyo, Hongkong,UPI - 345 words
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Article, Illustration337 1987-11-09 4 AFP SOUTH KOREAN business leaders warned last Saturday of an export slowdown due to stronger won rates against the US dollar, but government officials and private analysts said the economic outlook in South Korea remained bright. The Federation of Korean Industries saidAFP - 337 words
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Article894 1987-11-09 4 ARRIVALS Operotoi r Service Local From number time SIA SQ401 0550 CMB SiA SQ41 0610 MAA SIA S0691 0650 KHH IC IC555 0655 MAA MAS MH601 0720 KUL MAS MH6S1 0730 KUL SIA SQ45 0750 MRU SIA SQ411 0750 BOM MAS MH681 0820 KUL SIA SQ43 0820894 words
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Page 4 Advertisements
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Advertisement111 1987-11-09 4 As you can see, our daily flights to Bangkok are as regular as your meals And as perfectly timed too! In the mornings flights are at 0830, noons at 1155 and nights at 2040. But they are far from routine. Because on board, youH be having excellent breakfast, lunch or111 words
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Advertisement168 1987-11-09 4 I M II \|X I The business person's chotce. every I I II \I I If II I Tuesdoy. Thursday, Saturdoy and Sunday, I M t\ I 1% t\ Leaving Chongi Airport at 22:05 M MS. 7 I hours and arriving Heathrow early tne following morning. Call your Travel Agent168 words
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REST OF THE WORLD
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497 1987-11-09 5 Reuter AP AS WHITE HOUSE and Congressional leaders struggle with plans to trim the massive federal deficit, forces are already working to blunt the budget cutters' axes. In just one example of obstacles the negotiators face, two senior members ofReuter; AP - 497 words
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Article170 1987-11-09 5 AP THE FIRST Yugoslav ecological caravan warning the country's 22 million inhabitants about worsening pollution set out last Saturday on a tour of Vojvodina, in north-eastern Yugoslavia, to help gain public support for a safer environment. The caravan, sponsored by Vojvodina's youth, will tour several localitiesAP - 170 words
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Article, Illustration38 1987-11-09 5 LOOKING LIKE a steamship struck among London taxis in busy city traffic, this creative covering for a scaffolding hides the construction work at the Old Sun Life Building on London's Cockspur Street.38 words
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275 1987-11-09 5 AFP A WHITE South African doctor says he could be sentenced to three years in jail for refusing to do his compulsory military service because he fears having to shoot his own black patients during tours of duty in the country's black townships. IvanAFP - 275 words
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102 1987-11-09 5 Reuter IN A MAJOR embarrassment for President Reagan, his second nominee for the Supreme Court, Judge Douglas Ginsburg. has withdrawn amid controversy over his past use of marijuana. In a brief statement to reporters at the White House on Saturday, Judge Ginsburg said heReuter - 102 words
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528 1987-11-09 5 NYT THREE WEEKS after the stock market collapse, most American corporate economists are firmly optimistic that consumers will recover their confidence and spend enough to avoid a recession next year. This is the consensus of more than 60 of the nation's bestknown forecastersNYT - 528 words
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214 1987-11-09 5 Reuter WALL STREET'S 'Black Monday' crash was a warning which could lead to enhanced international financial cooperation, former Federal Reserve Board chairman Paul Volcker said in a published interview. "I think we've had a little warning, we haven't had a catastrophe," theReuter - 214 words
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Page 5 Advertisements
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Advertisement48 1987-11-09 5 STARTING OUT IN AUSTRALIA We offer consultancy services to companies and individuals who intend to establish their business in any part of Australia. For further information write to AUSTRALIAN CONSULTANCY EXPORT SERVICES 2nd Floor, 410 Kent Street Sydney, Australia. OR for personal appt in Singapore contact Tel: *****70.48 words
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Advertisement137 1987-11-09 5 The Haworth comprehensive furniture system for the electronic office now and in the future? -r m V T f. v V v■? IP. Getz has got it HAWORTH, FROM THE UNITED STATES, HAVE DEVELOPED FURNITURE SYSTEMS FOR THE ELECTRONIC OFFICE TO THE VERY HIGHEST SPECIFICATIONS. WITHIN THE ES RANGE OF137 words
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Page 5 Miscellaneous
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Miscellaneous87 1987-11-09 5 mi B v// m Singapore OUTLOOK: Showers over several areas In the morning. Report for 24 hours prior to 7.30pm on No* 8 at the airport: Max temp 32.1 Assoc humidity 61 Mln temp 24.6 Assoc humidity 96 Hrs of sunshine 4.S Rainfall In mm 2.S Rainfall this mth 51.087 words
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COMMODITIES
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Article, Illustration419 1987-11-09 6 THE MALAYSIAN rubber market is expected to remain buoyant for the rest of the year in spite of intervention by the International Natural Rubber Organisation's (Inro) buffer stock manager (BSM). "With low stocks experienced by both producers and customers and Inro's intervention creating little419 words
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136 1987-11-09 6 AFP PHILIPPINE National Oil Co chairman Catalino Macaraig has called for greater pooling of resources within Asean and increased oil trade between its members. Mr Macaraig, who is also the country's executive secretary, urged a grouping of state-run oil firms known as theAFP - 136 words
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163 1987-11-09 6 Bernama PAKISTAN has indicated that it may buy more palm oil from Malaysia, Palm Oil Research Institute of Malaysia (Porim) acting direc-tor-general Dr Haji Abdul Halim Mohamed Hassan said last Friday. The indication came from visiting Pakistani Prime Minister Muhammad Khan Junejo whenBernama - 163 words
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121 1987-11-09 6 AFP FOUR WELLS are to be drilled in China by an Australian oil exploration syndicate headed by CSR. The exploration permits granted to the syndicate are on the northern part of Hainan Island, in the South China Sea, close to established infrastructures. CSR'sAFP - 121 words
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909 1987-11-09 6 AFP TURBULENCE on the foreign exchanges as the US dollar hit record low levels continued to provoke caution among commodity traders last week. Pressure was again exerted on sterling-based markets as the pound hit its highest for over five years against the dollar. in spite ofAFP - 909 words
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Article227 1987-11-09 6 THE MALAYSIAN crude palm oil (CPO) market closed firmer last week with the November average price last Friday at M 5779.50 per tonne from MJ754.50 per tonne a week earlier. Dealers said the market opened easier last Monday in quiet trading but thereafter prices rose on some demand.227 words
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Article215 1987-11-09 6 SOYBEAN FUTURES on the Chicago Board of Trade closed on or near the day's highs last Friday, up 414 to seven US cents per bushel in moderately light trade January settled at US$5.5l up 5)4 cents. Traders said fol-low-through speculative buying after last Thursday's bullishly interpreted price action supported215 words
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Article231 1987-11-09 6 WHEAT FUTURES on the Chicago Board of Trade recovered from morning lows to close mostly higher last Friday, ranging from down US cent per bushel in March to up 114 cents in September. December settled at US$2 85% after posting a 2%-cent range. The first of the weekly offerings231 words
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Article469 1987-11-09 6 THE PRICE of tin on the KLTM closed unchanged at M 517.31 a kg last week in quiet trading. Prices opened 15 cents lower at M 517.16 a kg last Monday on initial higher offering. This was also due to the weaker European spot tin market469 words
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Article316 1987-11-09 6 London Commodity Exchange Ruyer/Se#er doting prices on Nov 6 (£/tonne unit rss specified). Previous dosing prices in porenrttesis. Coffee talis in-store London, sellers option OF London Nov 1245/1248 (1205/1206) High/Low 1249/1231 ion 1277/1278 (1233/1235) High/Low 1281/1257 Sales (3177) Cocoa Dec 1091/1092 (1086/1088) High/Low 1101/1088 Mar 1125/1126 (1120/1121) High/Low316 words
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Page 6 Advertisements
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Advertisement141 1987-11-09 6 < The charms of Austria return. With the Hannes Trio. A m -*1 v; s.. >«* r r 4L i ft* 4 r Hubertus Grill November 6th to 21st. Our Austrian Food Festival offers you an extensive selection of authentic Austrian favourites while the talented and renowned Hannes Trio will141 words
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Advertisement136 1987-11-09 6 JAPAN can be affordable. mA HOTEL RUSS With the NT A Hotel Pass you can get a room in Japan for an unbeatable SSBS/per night. Accepted at 86 member hotels in 50 cities throughout Japan, it is an economical alternative for business and pleasure travellers. JAFAN RAIL FASS This pass136 words
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Page 7 Advertisements
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Advertisement745 1987-11-09 7 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 power745 words
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MONEY AND EXCHANGES
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Article590 1987-11-09 8 AP WITH WEST GERMANY'S lowering of interest rates, the major Western nations are. for once, pulling together in an effort to calm frenzied financial markets, but the international cooperation may be short-lived. Some analysts in Washington said during the weekend that the move,AP - 590 words
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Article1344 1987-11-09 8 Union Bank of Switzerland AFP ZURICH: DUE TO the initial lack of coordinated G5 action, the US dollar slid downhill last week to reach record lows with no noteworthy technical movements to buffer its fall. Reductions of key interest rates in various European countries had only a tepidUnion Bank of Switzerland; AFP - 1,344 words
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Article134 1987-11-09 8 UOB Treasury BONO PRICES closed higher last week in hectic trading. Demand for securities spurred by a bleak outlook towards interest rates chased bond prices back to their original levels in September. The announcement of a new fiveyear issue to be released into the mar- ket thisUOB Treasury - 134 words
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Article, Illustration499 1987-11-09 8 Indicates tht ivtftQt oI th% prima ItodlnQ ntti of 12 mafor banks In S'pora PLR of bonks at the do** of builnws on Friday, Nov 6, as supplied by the Association of Ranks in Singapore. BANK PLR Algemene Bank 6% Allied Irish Bank PLC 6ft American Express499 words
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Article257 1987-11-09 8 Asian market fTTTTTFTT •nd* d Nov 6 MD P UU| ■meet 1 ut» Unl 7 dayt 7 1 man* 7 1/1* J month) 7 S/t 3 manta 7 5/t 6 man*. 7 5/t 9 month* 7 7/t 4 1/2 4 9/14 7 1/14 7 1/14 7 1/t 7 3/t 7257 words
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Article408 1987-11-09 8 Gold Financial futures Green Collier GOLD BULLION tumbled to a five-month low of US$455 on recession and deflation worries. At New York's Commodity Exchange, spot gold settled last Friday at U*****.70 an ounce, a drop of US$B over the previous week's finish. Analysts said that the precious metal felt theGreen & Collier - 408 words
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Page 8 Advertisements
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Advertisement363 1987-11-09 8 the Gold coin Stand\rd V r A i Gold is the one commodity that has long been valued as the basis for sound financial planning. Esteemed for its enduring value, gold has proven to be a long-term insurance against monetary, political, and social uncertainty. Investors are generally advised to include363 words
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Advertisement41 1987-11-09 8 See the latest developments in the USSR A country covering or* sixth of the worlcfs land surface with 11 time zones. A multi-national country of dbersed beauty and heritage, USSR is undergoing many progressive changes... Welcome to tm <4* I 141 words
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Page 8 Miscellaneous
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Miscellaneous68 1987-11-09 8 Doonesbury tmmfc THEYVB BARRIOUR CAPEPTHEMSmUS, SSLYESIHTHE SAFU* GYM, WARDEN. IHPY SAY THEYtE PROWSTIN6PRIAPPARENTLY. THE REC ROOM MONITORS HJENTOUTJUST BEFORE BLACK MONDAY. ANP THB SWITCH BOARP MAS POWN, 50 NO ONE our... MR 43 m m. JS Vi Wk BY GARRY TRUDEAU THEY GOT KJLL6P. THBNZTWOKTH OF CBLL BLOCKS W/B'ANVP" PROPPEP68 words
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BANKING AND FINANCE
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739 1987-11-09 9 NYT IN THE WAKE of the October stock plunge that had a shatterwig effect on markets around the world, global money managers have been devising new strategies. These markets," said Henry B W De Vismes, a London-based investment manager, "are still in a downdraft."NYT - 739 words
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148 1987-11-09 9 AFP 0 k J SOUTH AFRICA'S gold and for--1 eign currency reserves rose 1.2 j>er cent to 7.02 billion rands (U553.43 billion) in October from 2 September's 6.94 billion rands. J The Reserve Bank in Pretoria >6aid on Friday that the dollar conversions wereAFP - 148 words
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273 1987-11-09 9 AFP JAPAN has approved an 80.2 bil-lion-yen (US$6OO million) credit package for the Philippines, the Presidential Palace announced in Manila on Friday. President Corazon Aquino has also received a commitment from newly-elected Japanese Prime Minister Noboru Takeshita to come to Manila onAFP - 273 words
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166 1987-11-09 9 AFP BANK NEGARA will not use its resources to bail out every failure in the financial system, press reports in Kuala Lumpur said yesterday. The resources of Malaysia's central bank are the precious savings of Malaysia to be used to improveAFP - 166 words
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Article, Illustration500 1987-11-09 9 AP ALAN GREENSPAN, chairman of the US Federal Reserve Board, meets with his counterparts from 10 major trading nations on Sunday in Switzerland for the first time since the October stock market collapse. On foreign exchange markets last Friday, where the US dollar sankAP - 500 words
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330 1987-11-09 9 Reuter JAPAN joined a worldwide move to lower interest rates last weekend by aggressively pushing down short-term rates. A senior Bank of Japan official said the move was aimed at sticking to the Louvre accord between major industrialised democracies to stabilise currencies by coordinatingReuter - 330 words
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161 1987-11-09 9 AP INDIA WILL receive a US$35O- loan from the World Bank to help the country through its worst drought in a century. World Bank president Barber B Conable said last Saturday. At least 16 of India's 25 states were affected by theAP - 161 words
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345 1987-11-09 9 Reuter THE INTERNATIONAL Monetary Fund and Argentina have reached a tentative agreement on a new economic programme that could shortly allow about US$l billion in loans for the ailing debtor country, monetary sources said last Saturday. At the same time, the US Treasury saidReuter - 345 words
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226 1987-11-09 9 AFP FORMER French President Valery Giscard d'Estaing said in Luxembourg last Friday that "it is necessary to make new progress in the EC monetary domain in 1988 by creating a European central bank". Speaking at a colloquium on the role of the European CurrencyAFP - 226 words
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408 1987-11-09 9 UPI THE STOCK MARKET crash has not hurt the American banking system, which can withstand a downturn in the economy without widespread bankruptcies, the head of the US agency that insures bank deposits said. "If people are looking for a domino effect toUPI - 408 words
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386 1987-11-09 9 NYT CITICORP, America s largest bank holding company, has submitted an offer to acquire the Financial Corporation of America, the troubled operator of the nation's largest savings and loan institution, a spokesman for the Federal Home Loan Bank board said last Friday.NYT - 386 words
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Page 9 Advertisements
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Advertisement33 1987-11-09 9 Georges speedy lunch in 59 minutes at only $19.50+ (we'll even time ourselves) Or the clock is yours! Reservations: *****55 Kxt 8365 La Brasserie Georges. In I.e Meridien. 100 Orchard Road Singafiore 0923.33 words
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Advertisement309 1987-11-09 9 Bank of Scotland was the first U.K. Clearing Bank to offer an offshore sterling occount linked to Money Market rates of interest. Now, through Bonk of Scotland (Jersey) Ltd we have introduced a new occount offering similar advantages but maintained in U.S. especially to suit the needs of individuals receiving309 words
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PERSPECTIVE
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Article785 1987-11-09 10 Economies of Europe and Japan hurt by stock market crisis AP THE ECONOMIES of Europe and Japan will grow more slowly next year than previously expected because of the global stock market turmoil and the sharp drop in the dollar, private economists say. While few economists predictAP - 785 words
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Article, Illustration685 1987-11-09 10 Reuter THE KILLING of three Americans and warnings that more could follow have shifted the Philippine insurgency into a new gear with potentially explosive consequences. Political and diplomatic analysts say last Friday's rebel announcement that a wide range of Americans have becomeReuter - 685 words
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Page 10 Advertisements
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Advertisement193 1987-11-09 10 The Seminar Package with your interest at heart There arc ,1 thousand and ictc ik.-r.uls ro tvyanisinn a successful scmin.tr. Le;i\v rhe thousand ft»us. The one thint; you're to do is r«> c.ill us on 7 Fxt 1662/16^8. For .i minimum attendance of 20 persons, our R« «\.«l Semin.ir package193 words
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Page 10 Miscellaneous
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Miscellaneous667 1987-11-09 10 CRYPTIC PUZZLE ACROSS 1 Attempts to leave Trieste (5) 6 Unwelcome visits (5) 9 Magnetic fellow in parliament? (7) 10 So a new toy is black (5) 11 A girl gets by with a snake (5) 12 Worked and played (5) 13 Beg for beeches, maybe (7) 15 Potty drink667 words
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Miscellaneous1228 1987-11-09 10 to sm ijhdq® B 12 7J( m SIC Text S—pie Poges. 7.80 Op ulng and Programme l-M u.. rv a- n»gnugnn ronowia Dy uocovny I joyt'i rwsy%wrws novf nij Corcaw (h 2). 8.30 Adam Smith's Money World TheCrodtof 1987 (See (»««> 0.00 Oouical Music Concert —By Inchon Oty Symphony Orchestra1,228 words
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THE ARTS
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Article, Illustration501 1987-11-09 11 VANESSA LEE - By VANESSA LEE VISITORS to the Singapore Zoological Gardens have come away enthralled with the antics of the zoo's First Lady Ah Meng and her fellow residents. It was no different for students of La Salle who spent the month of June501 words
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547 1987-11-09 11 Shaun Koh - Shaun Koh THE HISTORY of the modern jazz guitar began quite recently. In 1939, guitarist Charlie Christian came along and the modern jazz guitar was launched. Christian died in 1942. He spent a while on the fringes of the jazz scene playing in547 words
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200 1987-11-09 11 THE 1 RNZIR Band and its Maori Cultural Group will perform at the World Trade Centre Auditorium on Nov 20. The concert begins at Bpm. One of the best New Zealand bands, the 1 RNZIR Band is now based in Singapore together with200 words
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Article, Illustration664 1987-11-09 11 LISA LEE - San Francisco Ballet delights with La Sylphide By LISA LEE OF LATE, fairy tales of old have gathered dust and cobweb as science fiction bolts ahead into the unexplored territory of hyper-space. But spoof up an old, old story with an ingenious, nasty and ancient witch664 words
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Page 11 Advertisements
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Advertisement76 1987-11-09 11 If you 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 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And76 words
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Advertisement297 1987-11-09 11 Toyota Crown is equipped power than SELF-DIAGNOSING 7M GE ENGINE is Toyota's top 3 Irtre 24 valve engine SWITCH PANEL keeps all controls for audio system and twin POWER DRIVER S SEAT adjusts 8 ways. aircondit loners close at hand SELF-DIAGNOSING DUAL AIRCONDITIONERS for total comfort. a 1 -V >297 words
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SPORTS & LEISURE
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Article, Illustration478 1987-11-09 12 AP ALLAN BORDER'S dream to win the World Cup Cricket Championship turned into reality yesterday when Australia beat traditional rival England by seven runs in the final for the dia-mond-studded, eight-nation trophy, played in Calcutta. A crowd estimated at 90,000 rose in ovation to the 32-year-oldAP - 478 words
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Article280 1987-11-09 12 AFP INDIAN CRICKET has been plunged headlong into a crisis only days before the West Indians begin a five-Test tour. The bitter recriminations following the shock World Cup elimination continue unabated with skipper Kapil Oev under increasing pressure and demands for a professional manager toAFP - 280 words
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Article, Illustration720 1987-11-09 13 WALTON MORAIS - By WALTON MORAIS AN EARLY MORNING SHOWER, the drama of a hole-in-one and several missed attempts made the Business Times Advertising 11th Anniversary golf competition at Sentosa yesterday an occasion worthy of its title as "the friendly championships". By the time the 128 golfers had trudged upPhoto by LIM SENG TIONG - 720 words
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Article, Illustration426 1987-11-09 13 HELPING SINGAPORE s World Cup pair Lim Kian Kee and M Murugiah paid off for Lim Kian Tiong in the Business Times Advertising 11th Anniversary golf competition yesterday Instead of watching his proteges soar to success, the former kingpin saw himself finishing joint winner426 words
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398 1987-11-09 13 AP CURTIS STRANGE clinched victory with a birdie on his final hole as a US team beat Europe yesterday for the title of the U*****,000 World Championship of Golf. The six-member American team posted a 10-2 victory by winning five matches while losing one. Australia-NewAP - 398 words
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Article328 1987-11-09 13 UPI STEVE CAUTHEN secured the British Jockeys Championship for the third time on Saturday, winning the closest title contest for 25 seasons on the final day of the racing season Cauthen, 27, finished the season on his highest ever number of winners, 197, while defending championUPI - 328 words
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Article, Illustration364 1987-11-09 13 AP TIM MAYOTTE and Brad Gilbert took three-set semi-final victories on Saturday in the US$B4O,OOO Paris Open, a tournament that lost its top four seeds early. Mayotte, No 5, defeated France's Henri Leconte, 6-3, 4-6, 6-3. Gilbert, No 7, downed qualifier Michiel Schapers ofAP - 364 words
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Article199 1987-11-09 13 AP A SWEAT-SOAKED Chris Evert was pushed to her limits on Saturday night by 17-year-old Gabriela Sabatini before surviving to the finals of the U*****,000 Virginia Slims of New England Tennis Championships in Massachusetts. Evert overcame the 15-year age difference to win 6-4. 7-6 (7-1)AP - 199 words
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138 1987-11-09 13 ELCARIM. ridden by Larry Francis, captured the $100,000 Queen Elizabeth II Cup over 2.000 m in race 5 at Bukit Timah yesterday. The five-year-old Australian gelding by Whiskey Road beat Feu Vert, the mount of champion K C Ng Favourite Carlos Lopez, with New Zealander138 words
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Page 12 Advertisements
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Advertisement826 1987-11-09 12 ■V; if# T mgra 53 ijj*. TiflWwi i r k ..l' R>r the health-conscious, weight-watchers or simply lovers of greens, we present you Daily from 11 am to 2pm at Cafit Vienna Rjrs7.9o♦+, you can tuck into more than 30 varieties of salads, eight dressings, eight condiments, soups, breads, rolls826 words
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Advertisement202 1987-11-09 12 Samdinavia at The Belvedere The Belvedere's Scandinavian buffet luncheon. An incredible selection of more than 60 authentic favourites from Denmark, Sweden and Norway. November 5 to 30. 12.00 to 2.30 pm dailv. Adult: $31 +/Child: $15+ The management reserves the rtyht to (Ajwjjt the pntgrammc. ith flour Come taste the202 words
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Page 13 Advertisements
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Advertisement273 1987-11-09 13 I ml Urn No more beefing about the price of U.S. Prime Sirloin Steak... ...at $22 50, can anyone? Our ainner special at the Hubertus Grill for the entire month of November, the U S Prime Sirloin Steak promotion represents great value indeed The best of U.S. ranch beef grilled273 words
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Advertisement201 1987-11-09 13 szeoycifwy COURT Sumptuous Szechuan cuisine with the right touch of spice. A delightful dining experience indeed. Closed on Tuesdays. 3rd Floor, YVestin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. TheWestin Plaza Raffles City 2 Stamford Road, Singapore 0617. Westin Hotels Resorts THE PEOPLE AND PLACES OE201 words
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MARKET REVIEWS
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Article, Illustration5877 1987-11-09 14 CHARLES SAVAGE - Singapore By CHARLES SAVAGE SENTIMENT on the local market, as in the rest of the world's stock markets, was dominated by the falling US dollar in the past week. Rebounds early in the week quickly fizzled out as the US$ fell to record lows. But5,877 words
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Article497 1987-11-09 14 K.Lumpur MBT SHARE PRICES on the Kuala Lumpur stock market lost further ground last week as investors and dabblers kept to the sidelines amid cautious trading. Losses were, however, much small than the previous week. This is mirrored in the New Straits Times Industrial IndexMBT - 497 words
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Article225 1987-11-09 14 NMB Bank Securities NEW LOWS were posted on the Amsterdam market last week as the US dollar continued its free (all. It wasn't so much a question of selling panic, but more so of a total lack of buyers in the market. Daily trading volumeNMB Bank Securities - 225 words
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Article428 1987-11-09 14 JULIANA TAY - Week ended Nov 6 compiled by JULIANA TAY CORPORATE DEVELOPMENTS Ayer Hitom Tin Dredging Malaysia BHd has colled off its proposed pu'chase of *****0 orainary shares of Msl eoch in MelewO' Clo f kson Insurance B'Okers Sdn B K d of o* »he issued and428 words
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853 1987-11-09 15 RAY HEATH - London From RAY HEATH ANOTHER DROP in base lending rates, and a boost in public spending were the gifts that Chancellor of the Exchequer Nigel Lawson provided for the stock market last week. The sullen response was another 129 point fall in the Financial853 words
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Article, Illustration1045 1987-11-09 15 Hongkong DBS Securities HK DESPITE a slight recovery in the US stockmarket the previous Friday and last Monday, the Hang Seng Index lost 60 points for the first two trading days. When the Dow Jones Industrial Average started to slide onDBS Securities HK - 1,045 words
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410 1987-11-09 15 Australia AFP AUSTRALIAN stocks lost a further 4.2 per cent in value last week to close at a 13-month low. Brokers said gold stocks again pulled the rug from under the market, which closed weaker last Friday in contrast to a record one-day riseAFP - 410 words
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1006 1987-11-09 15 New York FT THE MOST INTERESTING events last week on Wall Street unfolded far away in Marunouchi, the financial centre of Tokyo. Wall Street has been reacting in a predictably churlish and confused manner to what could have been viewed as the bestFT - 1,006 words
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304 1987-11-09 15 UBS THE HIGH VOLATILITY of the previous week gave way to relatively stable prices last week, but it still looks like the market has not quite found its floor. The trend for interest rates also points downwards. as had been expectedUBS - 304 words
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187 1987-11-09 15 AFP AFTER THEIR timid attempt at a recovery at the end of October, West German stock prices fell most of last week, particularly because of the dollar's continued fall. On Thursday, the Commerzbank Index closed at its low for the year at 1.396 6AFP - 187 words
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374 1987-11-09 15 Tokyo AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) fluctuated wildly last week as the US dollar plunged to a record low against major currencies on international monetary markets. The key Nikkei Stock Average of 225-selected issues closed atAFP - 374 words
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Page 15 Advertisements
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Advertisement188 1987-11-09 15 Credit Suisse First Boston is pleased to announce that its GLOBAL MARKETS IN 1987 CONFERENCE will be held in Singapore on Monday, 23rd November 1987 CONFERENCE AGENDA World Inflation and the Bond Markets Gerald Holtham International Economist Credit Suisse First Boston Floating Rate Notes After the Crash Richard Williams Research188 words
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COMPANY NEWS
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Article, Illustration586 1987-11-09 16 HOCK LOCK SIEW FIRST CAPITAL CorporaJ tion shareholders have been given unequivocal advice from their direcj tors to accept the onei for-two share offer from UIC. The advice is based on sound arithmetic: the offer represents a respectable premium to FCC's market price, even atHOCK LOCK SIEW - 586 words
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Article401 1987-11-09 16 AFP THREE WEEKS after Black Monday', when more than US$5OO billion were wiped off investors' portfolios in the biggest-ever sin-gle-day crash on Wall Street, the New York Stock Exchange will be taking another ambitious step to return to "normal". Trading on the NYSE,AFP - 401 words
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140 1987-11-09 16 THE PROPOSED merger of three public-listed companies controlled by tycoon Robert Kuok is taking firmer shape. The planned takeover by his flagship. Perlis Plantations Bhd, for Rasa Sayang Beach Hotels (Penang) and Federal Flour Mills was unanimously approved by Perlis shareholders at an extraordinary140 words
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Article, Illustration345 1987-11-09 16 Reuter A MAJOR Kuwaiti investment company has bought a big holding in British Petroleum Co PLC just days after a £7.2 billion issue of new BP shares flopped in the stock market turmoil. Industry sources said last Friday that the purchaseReuter - 345 words
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Article940 1987-11-09 16 London Reuter SHARES on the London market resumed their downward path last Friday, after an improvement 'around midday, on news US congressman Thomas Foley said he did not see an agreement on cuts in the US budget of more than US$23 billion, dealers said. Foley, who presidesReuter - 940 words
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264 1987-11-09 16 MBT MUN LOONG. the textile retailing and departmental store group which is going public, expects its fifth and latest outlet at Kuala Lumpur Plaza to generate sales of about Msl4 million for the year ending March 31, 1988.MBT - 264 words
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Article, Illustration348 1987-11-09 16 AMY BALAN - By AMY BALAN RECEIVERS and managers nave been brought in for Bestland Development Pte Ltd. the 51 per cent subsidiary of beleaguered hotel and property group Town and City Properties Ltd. The receivers of Bestland, which owns the Glass Hotel in Havelock Road, are Wong Tui San348 words
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Article97 1987-11-09 16 OVERSEAS UNION Enterprises Ltd's wholly-owned subsidiary. Mandarin (S) International Hotels Pte Ltd. has set up a 100 per cent subsidiary. Cathay Hotels Sdn Bhd in Malaysia The formation of Cathay, incorporated on Oct 14 with an initial capital of Ms 2, signifies the intention of97 words
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Article92 1987-11-09 16 Loan stock SINGAPORE LAND Ltd has extended the deadline for payment of the final instalment on its 6 per cent convertible unsecured loan stock 1987/1999 to Dec 31. The final payment of 50 cents per $1 loan stock was due on Oct 31. Bonus issue SEA VIEW Hotel92 words
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Article134 1987-11-09 16 Company RIGHTS ISSUE OCBC One-for-ten @1300 per share Ex -do**: Oct 28 Books close Nov 7 U P P ftve-for-one ot $025 par per shore Ex-date: Oct 26 Books dote: Nov 9 U M W 1 New Holding Compony shore tor 4 UMW shores tights issue ot two-for-one134 words
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Article415 1987-11-09 16 Company RIGHTS ISSUE Ayer Hitom Tin Three-tor-one $250 per Star* Bonvests Hldgs 43 54 million 6% unsecured loon stocks with warrants in the ratio of $1 loon stock tor every 5 shares held at $1 70 per share C 1 Holdings 27 million loan stocks in the ratio415 words
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Page 16 Advertisements
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Advertisement532 1987-11-09 16 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF JO AIK GARMENT PTE LTD (Incorporated In the Republic of Singapore) At an Extraordinary General Meeting of Members of Jo Alk Garment Pte Ltd duly convened and held at Tan Boon Liat Building, 315 Outram532 words
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Advertisement600 1987-11-09 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND RMA-LAND DEVELOPMENT PTE LTD At an Extraordinary General Meeting of the Company held on Friday, 6th November 1987 at 4 Shenton Way #13-00 Shin Kwan House. Singapore 0104. the following resolutions were passed SPECIAL RESOLUTION WINDING-UP That RMA-Land Development Pte600 words
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Advertisement186 1987-11-09 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SETSCO PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that a i Final Meeting of the members of the abovenamed186 words
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Advertisement56 1987-11-09 16 'A SALE/RENTAL SENOKO DRIVE v Single Storey factory with V office annexe Land Area Approx 140.000 sq ft Factory Space Approx 53.281 sq ft Office Space Approx 2.583 sq ft Available immediately Debenham Tewson City Valuers Pte Ltd 11. Collyer Quay »13-01 The Arcade. Singapore 0104 Tel: *****79 r, J56 words
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WORLD MARKETS
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Article1321 1987-11-09 17 Amsterdam NOV M FL8 ABN 37 80 0 6 Aagon 54 SO urtch 1 Ahold 64 00 0 5 Akzo 94 00 -1 Alrenta 146 60 uoch AMEV 40 00 05 1 Amro Bank 60 60 01 i Aaa Slad 89 00 3 1 Barkal BOLS 105 50 3 51,321 words
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213 1987-11-09 17 Reuter EXXON Corp wants to buy a stake in rival British Petroleum Co PLC following BP's share issue last month, says The Sunday Times. An early edition of the newspaper said Exxon i was believed to want to acquire a strategic holdingReuter - 213 words
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1038 1987-11-09 17 New York NYT AFTER BEING higher throughout most of the day. stock prices j closed lower last Friday on a late wave of selling that analysts attribI uted to concern over program trading and anxiety over how the market might perform this week. TheNYT - 1,038 words
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Page 17 Advertisements
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Advertisement1998 1987-11-09 17 0 Bangkok Bank Limited (INCORPORATED IN THAILAND) 26,114,647,091.93 197,838,306.00 2,995,987,200 94 29,308,472,598.87 203,822,107,766.55 967,060,344.76 204,789,168,111.31 267,967,443.33 2.421.788.061.30 3,650,118,031.43 2.494.318.169.31 267,989,784,856.09 Balance Sheet As at December 31, 1986 ASSETS BAHT CASH AND DEPOSITS AT BANKS Cash and deposits at banks in Thailand 5,759,859,302.86 Deposits at banks outside Thailand 15,166,485,740.94 Total cash1,998 words
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Article, Illustration523 1987-11-09 18 TONG SUIT CHEE - By TONG SUIT CHEE MORE SOFT DRINKS are being produced in Singapore especially those with a fizz for local and overseas markets The Industrial output of soft drinks went up by 33.6 per cent to 143,259 kilolitres in the first seven months of this523 words
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193 1987-11-09 18 Reuter DELEGATES to the Sixth East Asian Stock Exchange Conference arrived in Taiwan yesterday as shock waves from Wall Street s collapse reverberated around the region. Senior officials from nine Asian markets, including Singapore. Japan, Hongkong and South Korea, are scheduled toReuter - 193 words
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439 1987-11-09 18 WHEN Parliament meets today, Finance Minister Richard Hu is expected to discuss the impact, if any. of the crash in stock markets around the world on Singapore's foreign reserves which stood at $29 1 billion in May. Dr Hu. who439 words
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176 1987-11-09 18 EDUCATION Minister Dr Tony Tan left for Indonesia yesterday to strengthen bilateral ties with the neighbouring country. A press release said the visit, which ends on Wednesday, is part of a continuing series of visits to Indonesia by Singapore Ministers and officials to176 words
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Article, Illustration268 1987-11-09 18 IT WAS A MORNING in Bo Wen when children partied and senior citizens had their full share of attention. The source of their merriment was the Trade and Industry Minister Brigadier-Gen-eral (Res) Lee Hsien Loong. who visited268 words
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LATE FILE
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Article36 1987-11-09 18 UPI LIBYA IS threatening to set up a military alliance with Iran if moderate Arab states reopen diplomatic relations with Egypt, the Cairo-based daily newspaper Al Ahram said yesterday UPIUPI - 36 words
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Article57 1987-11-09 18 AP A GROUP of Taiwanese pilgrims has visited mainland China despite a ban by their government, and returned with a religious statue, religious leaders said yesterday. The 18 pilgrims spent 15 days in China, returning to Taiwan on Saturday after visiting a temple in Meichou inAP - 57 words
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Article57 1987-11-09 18 AP THE PHILIPPINE military has uncovered a cache of explosives in Quezon Province that included 19.000 sticks of dynamite and 41 anti-tank mines They were found on Saturday in an abandoned warehouse in Tongko Village near Tayabas. 100 kilometers south-east of Manila, said Col Ferdinand Lagman.AP - 57 words
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53 1987-11-09 18 AFP THE SOVIET UNION has abandoned a costly hydroelectric project in the Baltic Republic of Lithuania after more than 30,000 people wrote to the authorities in protest. Tass reported yesterday. Construction work on the Daugava river project was suspended in July pending a final decision onAFP - 53 words
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Article60 1987-11-09 18 Reuter US and Soviet delegates open negotiations today to limit nuclear test blasts, the first such high-level talks since President Ronald Reagan came to power, officials on both sides said. The full negotiations are the fruit of a mid-September meeting in Washington between US Secretary ofReuter - 60 words
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Article43 1987-11-09 18 UPI PRESIDENT Corazon Aquino, criticised for allowing American soldiers to conduct patrols outside their bases after three US servicemen were gunned down last month, said yesterday she will not allow any country to dictate to her. UPIUPI - 43 words
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Article59 1987-11-09 18 Reuter A HUGE BOMB exploded at a war memorial during a remembrance day service in Northern Ireland yesterday killing several people, police said. Rescue teams were searching through the rubble of the memorial following the explosion, which occurred as crowds gathered for the annual wreath-laying toReuter - 59 words
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328 1987-11-09 18 Bernama MALAYSIAN DEPUTY Home Minister Datuk Megat Junid Megat Ayob yesterday urged all groups to refrain from doing or saying anything that could be construed as sensitive by other races and instead encourage elements of unity. He said Malaysia, as a multi-ra-cial nation, faced manyBernama - 328 words
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118 1987-11-09 18 Reuter IF YOU ARE a computer programer or a cook, then Australia wants you. The country is also crying out for waiters, according to Immigration Minister Mick Young But the numbers wanted are strictly limited under an immigration programme for people with skills in shortReuter - 118 words
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Page 18 Advertisements
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Advertisement445 1987-11-09 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. How did the recession affect financial institutions? BT brings you the findings of a recent survey on how they fared in 1986. 2. What's up in domestic445 words
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Advertisement200 1987-11-09 18 PROPERTY jijiiyi Stake this out AMID THE TURMOIL in the stock and money markets, a stake in property may look like an even better bet for the investor. The signs have already been pointing to a recovery steadily rising prices, shortages in certain areas, active home-buyers But have the external200 words
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SHIPPING TIMES
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492 1987-11-09 19 JUNE LIM - By JUNE LIM TRANS-PACIFIC container operators have lowered their forecast for next year in view of the projected fall-off in consumer spending. The optimist is only expecting a 3 per cent growth in Far East shipments to the US. But the majority492 words
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317 1987-11-09 19 KINGSLEY WOOD - From KINGSLEY WOOD THE HYUNDAI Corporation of South Korea is a member of a group which has become the front runner to build 12 frigates worth Ass billion for the Australian and New Zealand navies As part of plans317 words
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127 1987-11-09 19 Seatrade Week AN ON-LINE data communications system is to be introduced by the six major Japanese shipping lines, American President Lines. John Swire Sons, and the trading houses of C Itoh, Marubeni and Sumitomo. For the time being the system is toSeatrade Week - 127 words
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PORT SIDES
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Article77 1987-11-09 19 Reuter AN INDONESIAN cargo ship ran aground off the coast of China's southern province of Fujian. Hongkong marine officials said. They quoted Chinese authorities as saying the 3.811-tonne Andhika Wanabhakti grounded north of Xiamen on a voyage from Malaysia to Shanghai. Its 25 crewmen were rescued.Reuter - 77 words
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969 1987-11-09 20 Fairplay WITH THE GULF WAR now into its eighth year, the subject of "marine and/or war perils in areas of hostility" was in many respects a logical and certainly a highly topical one for the recent hull workshop at the International Union ofFairplay - 969 words
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224 1987-11-09 20 SEA-LAND Corporation has extended its space charter agreement with the United Arab Shipping Co for two more years until September, 1989. Lloyd s List reports that under the latest agreement, UASC will provide Sea-Land with direct vessel service linking the US east and west224 words
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Article915 1987-11-09 20 AB Shpg V s ABC Contair>«i vm 1 Accord Shpg VI 3 Ahrenkiel liner XI 1 Africa Ocaan XN 2 AHtrons VM 3 AC Toepfer XI s Americon Tpt XII 4/5 Anro Service IV 2/3 Arrow lines IX 5 A won Oceon VI 3 Alios line X915 words
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Article1308 1987-11-09 20 MORE large vessels were being chartered at steady rates on time-charter, shipbrokers said on an otherwise rather subdued freight market on Thursday. A vessel of about 119,000 tonnes dw was booked from the UK to Brazil via Poland at about US$9,OOO daily with the option of a further1,308 words
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515 1987-11-09 21 Lloyd s List JAPAN MAY SCRAP almost a fifth of its car carrying fleet amid renewed fears over declining exports. The move has been prompted by Japan's success in opening manufacturing outlets in countries including Canada and the United States, as wellLloyd s List - 515 words
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270 1987-11-09 21 Kingsley Wood - From Kingsley Wood JAPAN'S experiments in bringing down crew levels of future ships now under way would be verified and evaluated in a year s time, Mr Nobuo Ishii of NYK Line, told a Sydney seminar conducted by the Japan270 words
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Article946 1987-11-09 21 OIL TANKER Tonnage sold for scrap in October rose sharply to 1.22 million long dwt (15 vessels) from 189,900 tons (seven) in September, London shipbroker Howard Houlder said. There have been no scrap sales of combination carriers for the past four months. The latest tanker sales brought total tanker/combo946 words
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8586 1987-11-09 26 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.8,586 words
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Article1295 1987-11-09 27 AT CONVENTIONAL WHARVES VMM) B«rt h Arrival Departure KEPPEL WHARVES Ah leiKDoce *18 O'ongi.oe 10 11 O700 Boo'ing K36 okxv»<>« 1211-2300 *29 o'onysK** 1311,-2300 Mounted Km Soon li *32 0<0<<9V<J* OT II-2300 *22 ok>«9vd« o'ongvam 09 11/0700 Kola W.joyo *31 1311 OeOO <»o«o l>Mn *20 oloflgixl* II1,295 words
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Article1978 1987-11-09 28 A-i-B AB Shipping Boustead Shpg Agencies ABC Containerline NV S pore Shpg (S). Accdrd 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 Lines1,978 words
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266 1987-11-09 30 UPI THE UNITED STATES Senate has voted unanimously to ratify an international treaty banning ships from discharging all forms of plastic garbage polluting the world's seas and beaches. Senator John Chafee, Dem-ocrat-Rhode Island, said the amount of plastic products being discharged fromUPI - 266 words
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89 1987-11-09 30 Reuter A JAPANESE bulk carrier was forced to return to port in Adelaide after a fire broke out in its hold, a Fire Brigade spokesman said. The Conti Nippon sailed for the Philippines from Port Adelaide with a cargo of malting barley onReuter - 89 words
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Article, Illustration228 1987-11-09 30 THE PORT of Genoa's second container terminal, a US$6O million venture with annual handling .capacity of 200,000 TEUs, -will start operations from IDec 15 this year. The new terminal called Calata Sanita claimed the export authority president Roberto D'Alessandro, provide Genoa with228 words
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Page 19 Advertisements
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Advertisement799 1987-11-09 19 Ava'lab 1 >1 all Good Bookshops Published by Cambridge University Press. UK STP Distributors Times Publishing Croup .c.V^O*^* 500 *t«ooo^21 OOCL ORIENT OVEIQEAS Go*lcUm\ LINE WW J&DINE SHIPPING AGENCIES (Rt|. No *****4/ 00*) 200 Cantonmant Road #12-05 Southpnnt Singapore (COB Trt *****11 TELEX NO RS ***** TERMINAUCFS Td *****18 220799 words
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Advertisement121 1987-11-09 19 WITH THE GULF WAR now into its eighth year, the subject of "marine and/or war perils in areas of hostility" was in many respects a logical and certainly a highly topical one for the recent hull workshop at the International Union of Marine Insurance Ocean Hull Committee conference in Nice.121 words
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Advertisement572 1987-11-09 19 Learn from the Successes and the Flops! Must read! Two little shops which couldn't fail, but did Why? Find out in HER World th is month! MAERSK LINE TRANSIT TIME TO CHARLESTON REDUCED BY S DAYS 29 DAYS FROM SINGAPORE 34 DAYS FROM PORT KELANG 33 DAYS FROM PENANG This572 words
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Page 20 Advertisements
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Advertisement499 1987-11-09 20 i%3 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA YOT SPO#E ETA/ETD FELIXSTOWE n a ROTTERDAM ETA ETA ElO OUTBOUND TO MEDITERRANEAN PNG ETA/ETD EHEEI Mm. Scandinavian (Aarhg*. Coponhafn. Gothenburg) and other European Inland points Wort African EXPRESS SERVICE TO WEST MEDITERRANEAN499 words
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Advertisement18 1987-11-09 20 Lines and services represented by Members of the Registry of Accredited ÜB©3? Shipping Agents. Singapore National Shipping Association.18 words
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Advertisement495 1987-11-09 20 CHARGEURS REUNIS f EEO DIRECT SEMI AINERISED SERVICE TO WEST AFRICA SPORE LA Rf UNION P NOIRE PCENTIL/ÜBREVIUE DOUALA COTOMOU LOOK A c* P. HOME 17/11 XOl VU 1/12 ltf\2 14/12 VUU 1 RAINBOW AVE 1/12 21/12— 24/12 At ACC rr c** oo TO MAUwmoa, luanpa, banqul n-uamema. mamcy. ouamamumm,495 words
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Page 21 Advertisements
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Advertisement1081 1987-11-09 21 The Straits Steamship Group Mansfield Container Shipping PteLtd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Dfi/vpr P&O Containers Limited CONTAJNERSHIP SERVICE TO UK/CONTMENT: Sport PKlang S'lon M burf Bhavw R dam It Hi FRANKFURT EXPRESS 1401 12/11 01/12 602 05/12 01/12 o*l2 OSAKA BAT IWI I*ll OW21,081 words
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Advertisement579 1987-11-09 21 CSAV Campania Sud Americana de Vjpcrcs S A Cri'ejn Line FEEDER VESSEL S'POREI MOTHER VESSEL HK A*tC* IQQ ANTOF VALP SAI CSAV *11 CAR CARRIER 2*02 30/12 (YOK 2*11) CSAV J 17/11 ATACAMA 2VII 4/1 2/1 1/1 11/1 CARGO FOR PUNTA ARENAS. TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO579 words
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Page 22 Advertisements
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Advertisement392 1987-11-09 22 SE Hapag-Uoyd ONTAINERSHIP SERVICE TO UK/CONTINENT Frankfurt Eipreu 14/11 12/11 2/12 4/12 6/12 7/12 9/12 Oukj Bay U/U 11/11 »/12 10/12 12/12 13/12 15/12 Kiteno Maru 22/11 24/11 13/12 15/12 17/12 IS/12 20/12 Largt Bay 21/11 30/11 U/12 21/12 23/12 24/12 2S/12 Honfkonc Eiprets 4/12 6/12 24/12 26/12 28/12 29/12392 words
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Advertisement724 1987-11-09 22 J&&LINE W |*Ju^ FULLY C OTTT AINER I S E D SERVICE TO EUROPE VIA SUEZ Member of the Ace Consortium S port I l*Hjvr« Fitow* R'dam H burj B 'havtn 3/12 4/12 5/12 7/12 8/12 10/12 11/12 12/12 14/12 15/12 17/12 IJ/12 19/12 21/12 22/12 24/12 25/12 28/12 2S/12724 words
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Advertisement451 1987-11-09 22 7 freight links express PTE LTD\ ACCEPTING FCL/LCL TO ALL U.S.A. PORTS/INLAND DESTNS. Sailing: 17/11 ft 24/11 To: PORTKELAN DEP: EVERY SAT: 14/11 ft 21/11 WEEKLY CONSOL TO: JAKARTA BANGKOK HONG KONG MANILA KEELUNG/KAOSHIUNG BUSAN TOKYO/YOKOHAMA SYDNEY/MELBOURNE AUCKLAND/WELLINGTON LONDON/FELIXSTONE HAMBURG/ROTTERDAM PENAN 14/11 21/11 14/11 21/11 11/11 17/11 11/11 18/11 15/11451 words
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Advertisement808 1987-11-09 22 m T-I: "*wuuaj, iiuvriuuci a f EVERGREEN Full Container Service tound-The-World East Bound (FE/CARIB/USEC/EURQ/FE) EVER GROWTH 12/11 11/11 11/11 a/11 eve* living/ever cm and 17/11 a/u 2*ll a/ii EVER GENIUS 2WII *01 2/12 4/12 EVE* GREET J/12 7/12 *12 11/12 EVE* LINKING 10/12 1402 11/12 11/12 EVE* GLOBE 14(12 20/12808 words
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Page 23 Advertisements
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Advertisement439 1987-11-09 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON SEA HAWK BANGKOK CONTAINER SERVICE NORTH EAST ASIA CONTAINER SERVICE I MUR MURORAN. HTC HITACHI. MOO NAOOYA RED SEA/EAST AND WEST AFRICA439 words
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Advertisement211 1987-11-09 23 w NORBUL NORBUIK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS TO: JAPAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL :7?&366 KL PK S P YEO SHPG TRDC KL 7WM4 PK *****01 PENANG TANJONG MARINE SDN BHD TEL *****5 SABAH TRANSPAC KK211 words
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Advertisement715 1987-11-09 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Mam Mara Un toy SjiM SaiM Hoogfconf (iprau SaiM SiiM Cardigan lay SaiM SaiM Iwin SaiM WU Toiap Bay Mai I*ll Tg*»o Eiprtts 20,11 22.11 Mm In »U 27/11 Framh.fi Eiprm *12 *12 HAH HAVEN 0A« HAYRf715 words
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Advertisement639 1987-11-09 23 D J AS AGETRI A Joint Europe Service Of: P.T. OJNUITA um e P.T. GESIMI LLOYD P.T. SANUDEM INDOKSM e P.T. TBWOM LLOTO EXPRESS SEMI CONTAINERSHIP SERVICES ■IlaiTiJi J: VESSEL s panjans/itwo SRIWIJAYAffIWB OCEAN SPORE BILBAO AIM UWill 11/12 15 is-iwii a s-aru a v-21,12 u a iWi 4/2 Antwerp639 words
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Advertisement277 1987-11-09 23 BOUSTEAD SHIPPING AGENCIES Spore •SITTWAY V 33 U/U No* PAGAN VI2OW 11/13 Nov HTONEYWA V22M 21/23 Nov Discharging only. [Ad] (Burmese National Line) Loading for Rangoon re P.Kelang Penang Bangkok NORTHBOUND TO UKC SPORE RDAM HULL HMBG IVYBANK V2ON 24/11 18/12 27/12 22/12 PRO-ATLANTICA VIN 20/12 12/1 lift TAUSALA SAMOA277 words
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Page 24 Advertisements
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Advertisement1239 1987-11-09 24 LL K"LIFIE SHIPPinG DPlTfl ATLAriTIC COAST (Round-The-World Service) 'PK/PNG SPORE LB CHLS ORIENTAL FRIENDSHIP V 5 7 Nov 12 Nov 5 Dec 15 Dec BROOKLYN BRIDGE V 5 14 Nov 19 Nov 12 Dec 22 Dec •VIA FEEDER NYC HFX 19 Dec 23 Dec 26 Dec 30 Dec PACIFIC SDUTH-LJEST1,239 words
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Advertisement722 1987-11-09 24 '/U AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Containers PMong iLinff fSTIxWt Frtm Sytfn AJs> Act. tHANOIOAS <tn Nov She KOk UDk Add Bra 3SMB&*». JO« »0« ?90k »0« A<WBr.s CHANDIDAS V 2921 Occ 5 Jan 14 Mn 12 Jan Add Br is INDIA EXPRESS CONTAINER SERVICE Ace *Pf°fl PCL/FCL Container*722 words
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Advertisement798 1987-11-09 24 GOLDEN LINE (iQ &V GUAN GUAN SHIPPING (PTE) LTD V 21. M »if Strrrl |j —-«4 saKAPOV 0104 TIL SMJttt (It UK) Fa« ***** M STRAITS/PERSIAN GULF SERVICE: Sport P Ketong Pwanc GOLDEN WONDER Cotombo Karachi Dammam 15/16 Nov GOLDEN BEAR Colombo/Karachi Dubai Bahrain «/9 Dec CHINA SERVICE A VESSEL798 words
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Advertisement494 1987-11-09 24 m EE3ZEESEIIEE3aS 11/U HAL *12 7/11. 14/11.21/11 PHILI-Oni€NT UN€5 PTC LTD HEAD OFFICE 63 ROBINSON ROAD .07 12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS ***** PHIII FA* *****76 M KONG KMC. KfELUNG. MANILA. BANGKOK. TOKYO. COLOMBO KARACHI. BOMBAY EAST AFRICA MEDITERRANEAN SERVICE UK/EUROPE SERVICE VLAO VASLYAEV I 15/11 TRANS-BLACKSEA494 words
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Page 25 Advertisements
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Advertisement998 1987-11-09 25 NEPTUNE ORIENT LINES LTD 5Z NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS; 27J5753 *****42 *****22 *****53 *****19 *****16 *****11 *****41 NEPLINE SON. BHD. 360M17 INWARD/OUTWARD NEPLINE SON. BHD *****33 ENQUIRIES *****44 NEPLINE SON BHD. *****^*27ttO*27ttl<l27ti2 NEPLINE SON BHD. 23J040/*****1 m im/mm fully mwmam service **<*«<««, TO EUROPE/UK998 words
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Advertisement508 1987-11-09 25 donam HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON Vessel's Name ETI *M Enterprise7l4N 11/ No 7 Donjm 709N No i Dorum/7UN 04/; No 9 Donjm 7oBN 06 No I Donam 709N 16 M Enterprise/71SN Hf Calling Penang on 7-1/11 ETO BS BKK mo508 words
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Advertisement764 1987-11-09 25 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 KELANG PENANG M/S HANDLING SYSTEM CO SON BHD MESSRS HAI THONG SHIPPING 127 Pananc Stmi Panant764 words
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Advertisement38 1987-11-09 25 XU EMBASSY/FRIENDSHIP JCp FREIGHT SERVICES JOINT CONSOLIDATION TEL: *****73/*****32 FAX *****92 TLX: R8 *****EFS 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/ MADRAS38 words
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Page 26 Advertisements
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Advertisement321 1987-11-09 26 _VE.B DEUTFRACHT'SEEREEDERE I ROSTOi H BIES£BL_ INTEGRATED FULL CONTAINER SERVICE ~YIA LARNACA: Accepting cargo for LattaHia. Piraeus, Thessatoniki, Izmir, Istanbul, ;.*W. limassol, Beirut AleurxJria, Port Said. Iraqi, Iranian DQQ QS2 mg cargo for Hong Kong. Busan. Tokyo and Kate REGULAR CONVENTIONAL SERVICE TO EUROPE RADCBEUL HV BERLIN W lEUEBCSME3MEIMESI □gem321 words
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Page 26 Miscellaneous
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Miscellaneous191 1987-11-09 26 Regional Weather s 1 SP 1 S B r A K < LM n* >: V 0 1 'Ai A > 35 1 I X 52 IC! S3 IK SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND C cT w Wind direction with speed in knots Wave191 words
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Page 27 Advertisements
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Advertisement676 1987-11-09 27 f f Egyptian International Shipping Company SEWING DlttCT TO/FKSM POUT SUEZ, ALEXANDRIA, AND POUT SAD BY EGYPTIAN FLAG VESSELS 1™"""' accepting cont* y "SPtw vi« 4 eta »OW AMO CONVENTIONAL CAROOCS. KAWASAKI ITOW (PTE) LTD 143 CEOL ST #28-01 OS BUM STONE «1M TEL 221M77 TLX NS 231 M KAWAKI676 words
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Advertisement278 1987-11-09 27 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. IRAQI LINE •**o' ST*T| «NT{«FR|$( fO« ■IN IT IM( THAMS^OVT EAST BOUND SERVICE ETA S PORE LOADING FOR 20/11 JAPAN WEST BOUND SERVICE ETA S PORE LOADING FOP MV ALRA2I Sid j«ddah Aqaba. Baghdad ■V BAGHDAD 2SOI Jaddah Aqate Baghdad MV BASRAH 502 Jeddah,278 words
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Page 28 Advertisements
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Advertisement561 1987-11-09 28 m FINK-LINER SHIPPING PTE LTD '0 Shenton Way 04 07C Minna House S pore 0707 TFI ??W0 7 ((S ines) tlx rs ??mi fliner fax ??5?«36 EUROPE SERVICE EEZE goana FAR EAS^ERVTcfI MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES I TATSUMI MARINE CO. LTD. JAPAN DIRECT SAILING TO PAPUA NEW561 words
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Advertisement496 1987-11-09 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargo** to USA East ft West Coast, Caribbean.East Canada. HAITI, Port Au Spain, Barbados N. ST LUCIA iytrrri; AUSTRALIA CONTAINER SERVICE ZIM SYDNEY ZIM TRIESTE ACCEPTING CARGO TO AOELAIDE VIA MELBOURNE ANO ALSO FCL TO GUAM ZIM EILAT CONTAINER LINE Accepting FCL Ta Eurapaan496 words
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Advertisement389 1987-11-09 28 A PERINTIS LINE SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA PANJANG ETA ETD ETA ETD ETA ETO RATU KONSORTIUM 56-57 13/11 15/11 17/11 11/11 »-60 20/11 22/11 24/11 25/11 61-62 27/11 29/11 01/12 02/12 PRABHKATI 110-111 11/11 12/11 14/11 15/11 15/U 16/11 112-113 11/11 11/11 21/11 22/11 22/11 23/11 114-115 25/11 26/11389 words
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Page 29 Advertisements
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Advertisement93 1987-11-09 29 ahrenkiel liner service CONTAINER LCL SERVICE TO PORT LOUIS DURBAN WESTBOUND mm rn obn ALS CONFIDENCE V63W 18/11 30/11 05/12 ALS STRENGTH VB4W 29/11 10/12 15/12 ALS FAITH VBSW 08/11 20/12 25/12 Accepting Container* (or Johannesburg. Malawi and Zimbabwe also accepting LCL to Port Louis and Durban IffiWshHIffiIACCEPTING BREAK BULK.CONTAINERS93 words
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Advertisement72 1987-11-09 29 uwy LUCKY SEAWAY SERVICES PTE LTD Tel *****55 Hi ***** Fai *****77 KK Tel 088 22- 786 ***** Tli ***** S.E.ASIA/CHINA SERVICES PNC PKLANG SGP FOR TONG JIANG 11/11 14/H Huangpu, Shanghai COLOMBO SERVICE TO/FROM c L, G R, ST 80 PHILIPPINES SERVICE TO/FROM VSL PNG PKLANG SGP MANILA DIAMOND72 words
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Advertisement30 1987-11-09 29 ACCEPTING FCL LCL HONGKONG KEELUNG/KAOHSIUNC BANGKOK AUSTRALIA FREMANTIE USA/CANADA UNITED KINGDOM/EUROPE NEW ZEALAND BUSAN PORT KELANC MANILA/CEBU TOKYO YOKOHAMA PORT NORSEBY TEL *****55 (10 Lines) TLX RS ***** FAX *****0530 words
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Advertisement609 1987-11-09 29 i THE NATIONAL SHIPPING REGULAR RQ-RQ SERVICE TO MIDDLE EAST VESSEL I SINGAPORE P KELANG I i S. RIYADH FEA 040 S. ABHA FEA 032 I 13 NOV I 15 NOV I 23 S- TABUK FEA 027 02 DEC 04 DEC I 14 DEC Accepting Breakbulfc. Ro/Ro, Containers I FCL609 words
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Advertisement435 1987-11-09 29 E+IM'MMJC PERCH OCEAN UNES (Perfect China Ocean Shipping Lints) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI 4 OTHER PORTS Etd. S PORE Etd. PKLG WEEKLY SAILINGS U t -> I n iiiiii MARITIME TRANSPORT MANAGEMENT PTE LTD ANGCLE N EPOS FATROUZ 2 13 Nm 11-15 nm 3-4435 words
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Page 30 Advertisements
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Advertisement346 1987-11-09 30 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** IMLintermaritime SOUTHERN AFRICA SERVICE VIA MAURITIUS REUNION DIRECT MONTHLY SAILINGS KK SPORE PK PI REU DSN CT •"L V7S 20/11 6/12 9/12 22/12 23/12 29/12 9/1 •AI»o calls E L A P E. GENERAL AGENTS:346 words
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Advertisement529 1987-11-09 30 VC^r D COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMkCONTA»€F SERVICE TO NORTHBOUND TO UKC SPORE RDM/A DAM HBG HULL (U.K.) IVYBANK V2ON 24/11 It/12 22/12 27/12 PRO ATLANTICA VIN 20/12 12/1 16/1 TAUSALA SAMOA VIIN 23/12 16/1 21/1 25/1 MORAYBANK V4N 13/1 6/2 10/2 14/2 'AI»o Accepting529 words
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Advertisement222 1987-11-09 30 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S POKE ETA KEELUNG CON-CARRIERS 20/17 llfll 24/11 CON-CARRIERS 21/17 24/11 30/11 CON-CARRIERS 22/17 2/12 1/12 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE HA SYD ETA MELB CON-CARRIERS 2S/I7 11/U 1/12 5/12 CON-CARRIERS 24/17 24/11 14/12 2002 Alm acceptint222 words
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Advertisement821 1987-11-09 30 /M CALL US ATr P. 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 OTHER DESTINATIONS AARMUS. AMSTERDAM. ANTWERP BASLE. BREMEN. BREBKRHAVEN. COPENHAGEN HELSINKI. NALMO. OSLO. STOCKHOLM. UK FROM EUROPE LOADING FROM821 words
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