The Business Times, 19 November 1987
1987-11-19
1
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The Business Times
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Title Section11 1987-11-19 1 BUSINESS TIMES MCI (P) 112/12/86 THURSDAY, NOVEMBER 19, 1987 75 CENTS11 words
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Article165 1987-11-19 1 Overseas markets Wcdnmdoy HK Hang Seng Index 2285.15 {-5.22 Tokyo Nikkei Averag* *****.49 390.21) Sydney All-Ordinaries 1284.2 (-12.9 Tuesday Now York (Dow jonot) 1922.50 (-26.85 London (FT 30 Index) 1310.6 (-15.0) (Wednesdaynoon: 1330.8; +20.2 Exchange rataa US*. 135.80/90 yon 1.6965/75 DM S$2.0430/40 £t US$1.7580/90 M$s S$0.8154/61 Slmax165 words
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Article83 1987-11-19 1 LESS THAN two months ago, Indian and Pakistani troops fought some bloody battles over the disputed Siachen glacier, near the borders of India, Pakistan and China. Harish Mehta of BT's Foreign Desk outlines the background to the dispute over this geo-strate-gic icy wasteland where,83 words
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355 1987-11-19 1 THE AMERICAN DOLLAR gave a mixed performance in nervous trading at the Singapore forex market yesterday. It rose against the Singapore dollar, remained unchanged against the yen and eased against the German marks, Swiss francs and sterling. Local forex dealers are keeping their355 words
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Article, Illustration463 1987-11-19 1 LISA LEE - By LISA LEE SHARE PRICES "yo-yoed" in the major markets of Tokyo, Hongkong, Australia and Singapore most bouncing up later in the day to finish marginally higher on news of positive headway made on the US budget deficit negotiations. "We don't know for certain yet463 words
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Article61 1987-11-19 1 Reuter WALL STREET stocks were moderately higher in the first few hours of trading yesterday on hopes of an accord between the White House and Congress on a budget deficit-cut plan. Negotiators said a pact was close. Stocks gained on a higher dollar. The Dow 30 indexReuter - 61 words
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Article69 1987-11-19 1 AP UK SHARE PRICES were holding strong gains at midday yesterday, bolstered by a further jump and more active trading in British Petroleum shares. The Financial Times-Stock Exchange 100-share index was up 30.2 points at 1,690.3 at 1300 GMT. The index fell 24.6 points onAP - 69 words
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86 1987-11-19 1 Reuter THE European Community has renewed preferential trade conditions designed to help developing countries boost their exports, an EC spokeswoman said. Its 1988 Generalised System of Preferences covers about 24 billion European Currency Units worth of goods, reducing customs duties by about 900 million Ecus,Reuter - 86 words
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520 1987-11-19 1 Reuter WEST GERMANY has pledged to boost its sluggish economy as part of any new accord to promote world growth, but economists say its promises appear to fall short of steps demanded by Washington and its European trading partners. Outlining a planReuter - 520 words
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Article, Illustration534 1987-11-19 1 LEE HAN SHIH - NG TENG FONG SUFFERS HEAVY PERSONAL LOSSES By LEE HAN SHIH Property Correspondent THE HONGKONG Shanghai Bank has rallied behind property tycoon Ng Teng Fong, who has suffered heavy personal losses in the Hongkong stock market, by extending a credit line of HK$l534 words
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528 1987-11-19 1 Reuter ASIA'S four newly industrialising countries dubbed the "four tigers'' South Korea. Taiwan, Hongkong and Singapore have rejected Washington's attacks on their fast-growing trade surpluses with the United States. "They (the US) should not be flailing about looking for a scapegoat. Action takenReuter - 528 words
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Page 1 Advertisements
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Advertisement199 1987-11-19 1 F/AMBM □ZEE Nutritional supplements for the whole family at crry gfrfe How to get ahead without ending' up in deep waters. 41 If vou're thinking of expanding vour business, GPF has the scheme to help vou avoid the problems accompanying growth. Our Small Industries Finance Scheme (SIFS). A low cost199 words
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Advertisement375 1987-11-19 1 A partner, not a competitor AMERICANS, cornered by their massive trade and budget deficits, are hitting out blindly at Asia's newly industrialising countries of Taiwan, South Korea, Hongkong and Singapore. But Singapore is not just another Asian tiger, a competitor out to exploit the US market. It is America s375 words
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Advertisement65 1987-11-19 1 HANNIBAL So(e Agrnt S G p»"»rt ft Son Lid Singapore US official attacks Asia's four ttgars', Paga 3 Melwani, exclusively male. AL O pen at J'J'isnna v4tria *02-55/56/58 Wisma Atria At I,V M V ft *02-14/15, Shaw Centre, Tel: *****42 *01-26 27, Specialists' Centre Tel: *****54 *02-23. Plaza Singapura, Tel:65 words
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HOME NEWS
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318 1987-11-19 2 ANNA TEO - By ANNA TEO IN AN ATTEMPT to keep track of new trends in the sporting goods retail business, sports goods dealers from chain operators to the one-store retailers have come together to form an association. The Sports Goods Dealers Association, registered a few months318 words
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195 1987-11-19 2 NOT KNOWN to many in Singapore perhaps, polytechnics in Britain offer degree courses too. In a bid to attract more Singapore students, some 20 British universities and polytechnics have invited local career advisers to visit the country. Thirteen career advisers from 10 junior195 words
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Article58 1987-11-19 2 A CANADIAN TRADE delegation representing 10 manufacturing companies arrived yesterday on a three-day visit to look into opportunities for trade, joint ventures, technology transfer and component sourcing. The companies are members of an Industrial Co-operation Mission organised by the Canadian Manufacturers' Association. The team will58 words
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Article, Illustration131 1987-11-19 2 AUSTRALIAN Defence Minister Kim Beazley arrives in Singapore today on a two-day official visit, the latest in a string of defence ministers from friendly countries to call on the Republic. Mr Beazley. who will be accompanied by his wife Mary, Defence Secretary Allan Woods and131 words
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193 1987-11-19 2 SENIOR ASEAN education officials have been invited to an international exhibition on education trends and equipment to be held here next week. Edu-Aid '87, a four-day show featuring exhibits by some 50 companies from 12 countries, opens on Sunday at the Hyatt193 words
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181 1987-11-19 2 APART FROM the Party Manifesto. the PAP Convention in January will also be asked to adopt a series of resolutions thrown up by party branches, according to the latest issue of Petir. These resolutions will concentrate on single issues of more181 words
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Article, Illustration534 1987-11-19 2 CHUANG PECK MING - By CHUANG PECK MING THE GOVERNMENT plans to build two or three hospitals at a cost of $35 million each in the next 10 years for less seriously ill patients and those recuperating from illness. Acting Health Minister Yeo Cheow Tong,534 words
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263 1987-11-19 2 TRADE AND INVESTMENT opportunities in Mauritius will be promoted by a trade delegation, led by the Mauritian Minister for Industry, which will visit Singapore from Nov 28 to Dec 2. Mauritius is seeking to diversify its industrial base into electronics. footwear/leather products, toys,263 words
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Article97 1987-11-19 2 SEMBAWANG CONSTRUCTION was recently awarded a Public Works Department contract worth $12 million to build 2.5 km of the Tampines Expressway. Stretching from Lorong Ha (us to Elias Road, the project «fill take 18 months. The project involves carrying out "dynamic compaction" on a 450 m stretch. This97 words
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Page 2 Advertisements
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Advertisement241 1987-11-19 2 Amsterdam, The Netherlands It was a big one, they said, just before I flew. A real rock. And coming from Amsterdam, that meant big. The problem lay in the cutting. We could end up with one perfect gem, or with enough engagement stones for fifty happy couples. At least I241 words
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ASIA – PACIFIC
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348 1987-11-19 3 Reuter AMERICA'S Commerce Secretary William Verity said on Tuesday before leaving for a visit to Japan that if the Japanese did not raise export prices to reflect a cheaper dollar it could face new US trade retaliation. He said he would exert newReuter - 348 words
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182 1987-11-19 3 Bernama ES THE HIGH RATE of unemployment in Malaysia can pose serious problems in the period ahead, said Bank Negara Malaysia adviser Dr Jaafar Ahmad. Unless growth is maintained at a more rapid pace over the medium term, he said pressureBernama ES - 182 words
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346 1987-11-19 3 Reuter SOUTH KOREA'S gross national product is set to grow by 12 per cent this year, Deputy Prime Minister Chung ln-yong said yesterday. "We could lower our foreign debt to around U5535.5 billion this year by achieving a 12 per centReuter - 346 words
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110 1987-11-19 3 AFP JAPANESE machinery makers received orders worth 614.6 billion yen (U554.39 billion) in September from private enterprises, up 2.9 per cent from August, the Economic Planning Agency reported on Tuesday. It was the second straight monthly gain after a 14.1 per cent rise in August,AFP - 110 words
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532 1987-11-19 3 Reuter THE US. frustrated by its intractable trade deficit, has opened a new offensive against the "four tigers" of Asia that are making deeper and deeper inroads into American markets. In what was billed as a major policy speech, a top Treasury official usedReuter - 532 words
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241 1987-11-19 3 Reuter SRI LANKA proposed tax cuts on personal income and tea exports but set higher rates for liquor, beer and lipsticks in a package of reforms on Tuesday to rebuild the island's war-shattered economy. Finance Minister Ronnie de Mel, presentingReuter - 241 words
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Page 3 Advertisements
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Advertisement227 1987-11-19 3 !)\}!&+%(/>+),{,+*,>[<";+@$@,/! ss v *VV--1 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 ear may no longer be available but happily the pen is227 words
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Page 3 Miscellaneous
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Miscellaneous35 1987-11-19 3 v/S'ti "v///> New MM New York Rio 'Janeiro Rom* Son Frft'oo San Juan Santiago Soo Pauio S#QMI *T*in rliti I-II Ml jigacnoim Sydney Taipei Tel Aviv Tokyo Toronto Vancouver Vienna Wonaw \A/,i J.t„ tv ammyTori35 words
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Miscellaneous82 1987-11-19 3 Doonesbury 7WAY THE STAND OFF AT THE HERBERT HOOVER CORRECTIONAL FACILITY MAS i BROKEN BY A DRA 1 MAMC PRE-OAWN 1 fP *2^ f ALL HOPES FOR A f NEGOTIATED SETTLE' MENriiIERESHfiTTEREP WHEN STATE POUCE STORMED THE PRISONS REDWOOD FENCES. i r* n BY GARRY TRUDEAU WHAT IS HAPPENING NOW82 words
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REST OF THE WORLD
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187 1987-11-19 4 FT CITY EXPECTATIONS of tax cuts, higher government expenditure and a negligible borrowing requirement next financial year were boosted on Tuesday by provisional Treasury figures showing the British government's public sector borrowing requirement was in surplus by £1 billion (US$l.76 billion) lastFT - 187 words
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442 1987-11-19 4 AP WHITE HOUSE officials and congressional leaders have emphasised that they still want to make an agreement on slashing the US government budget deficit before a legal deadline expires this week, forcing mandatory cuts. "We have no choice but to put it together,"AP - 442 words
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241 1987-11-19 4 Reuter US MINES, factories and utilities operated at 81.3 per cent of capacity last month, the highest rate in more than three years, the Federal Reserve Board said on Tuesday. The rate was up from 81 per cent in September and wasReuter - 241 words
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Article158 1987-11-19 4 Reuter UNIVERSITY OF MICHIGAN economist Saul Hymans has predicted continued US economic growth for 1988, real GNP of just under 3 per cent, a further fall in the dollar of at least 10 per cent and an improved real trade balance. He said: "For a few months,Reuter - 158 words
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Article129 1987-11-19 4 Reuter GENERAL MOTORS has donated a Cadillac limousine to the financially strapped United Nations and a UN spokesman said that other gifts would be gratefully accepted. The gift which spokesman Francois Giuliani said was unsought, follows the gift earlier this year of a stretch VolvoReuter - 129 words
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Article232 1987-11-19 4 AFP AN ACCORD on the scrapping of Intermediate-range Nuclear Forces (INF) could be ready by Nov 23, Soviet arms negotiator Yuli Vorontsov said on television in Moscow on Tuesday. "Work on the proposed treaty, a document ot some 120 pages, has already entered its finalAFP - 232 words
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Article, Illustration558 1987-11-19 4 World interest rates could fall OECD AP SENIOR ECONOMIC and central bank officials from 24 industrialised nations have agreed that interest rates may not rise and could even come down from current levels. Beryl Sprinkel, the chairman of the Economic Policy Committee of the Organisation for Economic Cooperation Development (OECD),AP - 558 words
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Article855 1987-11-19 4 ARRIVALS Operator Sofvleo number Local thn* From OA THAI SIA IC MAS MAS MAS SIA OA472 TG48 1 son IC555 MH681 MH81I MH671 SQ103 0015 0025 0115 0655 0620 0910 0920 0950 STD/MR HOC LAX/NBT MAA KlU TO* KUL KUL AC CPA MAS GU MA GiA SIA855 words
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Page 4 Advertisements
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Advertisement108 1987-11-19 4 Thai Royal Orchid Service it m9m*i J P > 1 Vy i >;• what comes naturally And our clients keep coming back. Because on Thai, youll be treated to the same sort of attentive, yet unobstrusive service that makes us such a favourite amongst frequent travellers, we decided to have108 words
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Advertisement59 1987-11-19 4 fI If \j\ riV The business person's chcMce. every I I II I I 1 I Tuesday. Thursday, Saturday and 1 1 Ml \l II m Sunday. Leaving Changi Airport at Vy/J- 1 J_ V-X 22:05 hours and arriving at Lester B. Pearson International Airport the following day Call your59 words
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Page 5 Advertisements
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Advertisement122 1987-11-19 5 You took the challenge. You set your goals and you made a commitment. A commitment to yourself. To hard work. In time, came success. Recognition. The satisfaction of your achievement. Now choose the card that recognises that success. The Standard Chartered Premier Visa Card. The card specifically designed for individuals122 words
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MONEY AND EXCHANGES
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Article1531 1987-11-19 6 SINGAPORE: The US dollar closed firmer yesterday against major currencies mainly on short-covering, but was below the day's highs after some late prof-it-taking in a moderate but nervous trading session, dealers said. They said the US unit was well supported by reports that White House and Congressional negotiators1,531 words
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Article1292 1987-11-19 6 CURRENCY FUTURES OPTIONS IMM Tu*iday, No »ao«6af 17. 1987 NUI KH POUMO C2S.000; cam par t Mo* ta OMK Jan-c Cab-e M Dto>* 8iMi 1725 4.35 5.15 075 2.00 1750 2.60 370 1.40 3.05 3.75 1775 1.40 2.60 3-25 245 4.30 1 BOO 070 170 4.40 1825 0.30 1.151,292 words
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135 1987-11-19 6 Reuter THE Reserve Bank of India has relaxed laws governing loans by commercial banks to investors for buying shares or debentures. Loans of up to 300,000 rupees for investing in secondary markets will now be allowed The bank said in s statement onReuter - 135 words
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Page 6 Advertisements
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Advertisement126 1987-11-19 6 GENEROSITY IS PART OF OUR TRADITION T„ ft :<V :> 1 V__ r f -tf. Hiigmull EXPERIENCE THAT TRADITION WITH SAUDIA'S HAUTE CUISINE MENU. One of the biggest problems when flying with us is choosing from our menu. Should it be Crepes A La Reine or Strogonoff omelette for breakfast?126 words
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Advertisement9 1987-11-19 6 Managers must manage. BT shows you how every Monday9 words
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BANKING AND FINANCE
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Article607 1987-11-19 7 DECEMBER Eurodollar opened sharply higher yesterday at 92.43 and remained firm due to news that the US budget negotiators continued talks into the night to complete s plan to cut the deficit by US$75 billion over two years. After the opening, prices dipped briefly to 92.41 before firming to607 words
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Article116 1987-11-19 7 No* Ok ion M> M A*r to Oct Ok Gold 100 tray Opan 445.00 470-50 476. SO 44X00 4M-50 494-50 502.80 hrturot ounces; US Mid 466.20 47X40 47*40 4M-50 494-50 ***** on Nov par toy on Low <IHKI ***** 476-50 44X10 ■ftt Tft 494-50 ***** 17 not116 words
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Article57 1987-11-19 7 THE overnight rate on the Singapore interbank market rose 1/4 point to 4 per cent yesterday. The one and threemonth rates were unchanged while the twomonth rate rose 1/16 point. S$ Interbank rates 7pm yesterday: OffH MO Ow. 3 3/4 j—■* 3 7fr 3 3/4 3 r/s 3—«h57 words
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540 1987-11-19 7 Reuter YUGOSLAVIA devalued its dinar on Tuesday by almost 25 per cent to try to boost exports in the latest of a series of measures to alleviate an economic crisis. The action followed harsh price rises of up to 70 per cent in recentReuter - 540 words
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Article310 1987-11-19 7 Asian market ASIAN DOLLAR deposit rates closed at easier opening levels in quiet afternoon trading, dealers said yeeterday. They said market sentiment was depressed by reports that White House and Congressional negotiators made good progress over a plan to cut the budget deficit by US$75 billion over two years, but310 words
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232 1987-11-19 7 AFP JAPAN IS LIKELY to sat up an integrated financial future* market dealing in financial instruments ranging from stock indices to currencies and interest rates. Finance ministry sources in Tokyo said yesterday that a draft report containing propoeals for an integratedAFP - 232 words
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Article86 1987-11-19 7 Treasury bills Period Issue Yesterday's dosing Day's code Maturity ND ora UGH LOW 3 —in 8Q*****H 11.2.88 3J5 370 373 3.50 6 monthi BS*****S 21.4.88 370 3.65 3.66 3.65 1 y*or BY*****S 22.09.88 3.77 372 3.74 372 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing86 words
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Article, Illustration170 1987-11-19 7 Indicate* the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on Nov 18 7 dajt 4 mA 12 m* us* 13/14 13/U 4 13/14— 13/14 7 7/14 3/14 71/J-3/I 7 13/14 13/16 IS/14 13/1* IS/14 13/1* —*7/» 9 »7/»170 words
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Article441 1987-11-19 7 PATRICIA M SCHERSCHEL - By PATRICIA M SCHERSCHEL Financial Editor INDONESIA IS SET to borrow US$3OO million over the next year under a syndicated loan arranged in part by the merchant banking arm of West Germany's Dresdner Bank in Singapore. The eight-year financing is being jointly arranged by Dresdner (Southeast441 words
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Article488 1987-11-19 7 Reuter NYT CITICORP DOES NOT PLAN to cut its investment bank staff level by 10 per cent, investmsnt bank hssd Michsel Callen said through s Citicorp spokesmen. Mr Callen wss responding to s Reuters report which ssid the unit's staff of 11,000 would be reduced by thisReuter; NYT - 488 words
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Article78 1987-11-19 7 Reuter SALES OF THE Australian Nugget gold coin, launched on April 23, had reached 301,000 ounces by the beginning of this month compared with a target of 400,000 for the first 12 months. GokJcorp Australia chief executive officer Don Mackay-Coghill said. The Nugget was on lineReuter - 78 words
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176 1987-11-19 7 UPI AMERICAN EXPRESS Co announced on Tuesday it would sell its gold card in China, marking the first time it has offered credit cards there. American Express said the cards would be sold primarily to government officials, academics and professionals who often travel.UPI - 176 words
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Page 7 Advertisements
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Advertisement144 1987-11-19 7 IN PENANG-A FIRST CLASS HOTEL AT AN AFFORDABLE PRICE. The Shangri-La Inn Penang brings to the heart of Georgetown a standard of service Ivj|fejf never before seen in Penang Its 426 guestrooms 16 suites feature the finest in amenities. And being centrally located in the heart of Georgetown is the144 words
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Advertisement204 1987-11-19 7 fV* 4 rPllJfc* The new a V N r > Now in Singapore For decades. Rover cars have enjoyed the admiration of discerning motorists and car manufacturers all over the world Not only because of their continental dependability, but also for their sleek styling, sheer luxury and gratifying performance All204 words
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COMMODITIES
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320 1987-11-19 8 Reuter THE UNITED STATES said on Tuesday it had offered China one million tonnes of subsidised wnwii. The Agriculture Department also said it had added Bulgaria to the growing list of countries eligible for subsidised US farm products. It was the thirdReuter - 320 words
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Article, Illustration355 1987-11-19 8 Bernama PEPPER producing and exporting countries need to cooperate with importers in identifying their problems and common interests to promote the commodity in the international market, Kuching's Chief Minister Datuk Patinggi Haji Abdul Taib Mahmud said yesterday. He said that although the pepper market wasBernama - 355 words
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425 1987-11-19 8 AP A UNITED STATES federal judge has refused to drop Prudential-Bache Securities Inc. Merrill Lynch and Co and three other defendants from a multimillion-dollar lawsuit charging they conspired with the Hunt Brothers to manipulate the world ailver market "I conclude that the record containsAP - 425 words
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230 1987-11-19 8 Reuter NORWAY, Europe's third largest oil producer, said on Tuesday it would probacy continue trimming production from its North Sea fields in support of Opec efforts to control supply so as to stabilise prices. Oil and Energy Minister Arne OeienReuter - 230 words
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Article98 1987-11-19 8 SENTIMENT continued bearish yesterday in line with falling crude and product prices in the West. Some players decided to take advantage of low levels and conclude business mainly on a P&C basis. Only jet/kerosene exhibited signs of possible firmness with availabilities tight and demand for jet barrels98 words
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227 1987-11-19 8 Reuter COFFEE PRICES are rising faster than roasters thought they would fast enough that some think the price of a can of coffee on supermarket shelves will be forced up sometime next year. Roasters, the companies which process raw coffee beans, say recently agreedReuter - 227 words
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Article234 1987-11-19 8 CMtWN Produce Exchange S#Htn' noon doAiQ pr Icm on Nov 1* (SI/100 kg) Coconut oil kt FOt 93.00 CHd drum FOt 103.00 Now drum FOt 107.00 Copra Mia Ml (looto) 33 Pepper FOt NLW 1290.00 wfllls FOt foq NLW 1275.00 JOrQwgi tpeooi biocfc FOt NLW 902JO Asto b4ook234 words
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Article419 1987-11-19 8 Crude palm oN futuree ended lower in active trading on the Kuala Lumpur Commodity Exchange (KLCE) yesterday. Dealers attributed the lower prices to profit-taking. December eased Ms 7 to MsB23 per tonne while January dropped Ms 4 to MsB33. February was Msl lower at MSB4O per tonne. Turnover419 words
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Article291 1987-11-19 8 HONGKONGQold doaed little changed In thin and cautious trading yeeterday aa moat investor® stayed on Vie sidelines ■waning in® ouixxtw Of uw US budget-reduction talk», dealer» said. Bullion ended unchanged from the opening of U*****.70/465.20 an ounce and compared with New York'a final 464.75/466.25. On the local market,291 words
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Article300 1987-11-19 8 London Commodity Exchange Tilt. T-r—r IGSEJi pCN MMk CONn lath In-ttor* London, wlkn option OF London Nov 1244/1247 Wgh/low (1243/1249) 1255/1246 Jan 1271/1279 High/Low (1277/1278) 12®9/1277 Sat*t (2773) Cocoa Doc 1074/1073 High/Low (1090/1191) 1063/1074 Mar 1105/1106 High/Low (1120/1121) 1115/1105 (4088 Sotoi Sugar No 6 FO« (US$/to» Doc 164.2/167.0300 words
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Article177 1987-11-19 8 Reuter CUT SOYBEAN futures rallied to ctoae on the highs on Tuaeday, up aix to 9-1/2 canto par buahai in moderate trade. January found support around Friday'a upsids breakout to eettle at $6.64-1/2 after poeting a nine cent range. A aurge in deliveriee, reports showing heavy movement of eoybeansReuter - 177 words
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Article238 1987-11-19 8 Reuter CBT wheat futures rallied from opening levels to close near the highs on Tuesday, up 6-1/2 to three cents per bushel in moderately light trade. A rebound in the mar-ket-leading soymeal took a lid off wheat values to settle December on a steady note at $2.99-1/4. Trade talkReuter - 238 words
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Article334 1987-11-19 8 SINGAPORE The market doood eesler ysstordey with December 1 RSS buyers quoted at 209.00 cento a kilo, down 4.29 cento from Tueedey's doee, Poolers said. Speculative selling on market talk that Thailand mey reduce its export duty on rubber csuood prlcee to tall four cento in fairty moderate morning334 words
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Article236 1987-11-19 8 RAS pricc S tat4 MMsR NhWH NOON CLOSE tat 1 RSS Prompt 210u00 211J00N 309JO 210J0N tat 1 RSS Ok 97 ***** 209.25 209JO tar 1 RSS Jon M ***** 20*25 207JO Im 2 RSS Of 207JO 209JON 207JO 209JON tar 3 RSS Of 205JO 207JON 205j00236 words
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Article89 1987-11-19 8 (CM*/)*, i<4 RAS SSI 20 m jo MREU ii dl iw) oca (aim N Iwyen 309 JO 20*j00 1 >»><n *KK 87 ml month) OON Mm 211 JO 210l00 JAM (forwc N l»|im 209 JO JA*Y M ird month) OON Saltan 211 JO 210.00 Mm SMI CV89 words
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Article67 1987-11-19 8 THE KUALA LUMPUR Tin Martwt price recovered lie*» y»alarday todON at MH7.46 perkg on ■cwriiy, win vWiHyW vow revets NrtCOM Mronfl bids of Its tonnee at Mia start spalnrt oflars-af 46. Jspsnssi buyers resppsarad la take moat af Wm llnal tl tonne turnoeor against Tanadar's St, wMi ttn67 words
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Page 8 Advertisements
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Advertisement66 1987-11-19 8 TAN CHONG TOWER; SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' weekly basis Within CBD Telephone, TV, air-con, cooker, fridge, kiichenware. household linen and housekeeping available Telex, secretarial and laundry services available Covered car park 24-hour security Types available: Studio 5350 Weekly 1-bedroom S42oWeeKiy66 words
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FOCUS
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1009 1987-11-19 9 Japan is chalking up a strong economic growth which, despite a stronger domestic performance, is expected to see an undiminished export thrust. FOCUS also surveys the challenges facing the country's new prime minister and rising expectations regarding a greater international role for theNYT - 1,009 words
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Article, Illustration415 1987-11-19 9 Reuter THE JAPANESE often speak of tstemae what is said on the surface and honne the true intentions underneath. On the surface, newly elected Prime Minister Noboru Takeshita has pledged to follow the policies of his predecessor, Yasuhiro Nakasone. The general consensus amongReuter - 415 words
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Article, Illustration649 1987-11-19 9 Reuter JAPAN, convinced the battered dollar cannot remain the sols pillar of the world monetary system, wants the yen to play a greater supporting role. But achieving that aim will not be easy, financial experts said. "The yen is aReuter - 649 words
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Page 9 Advertisements
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Advertisement150 1987-11-19 9 y 'A 1 i m K2 ft KM a ft lV V V, J s f7 a ft n I -3 i i ■3 1 1 0 a a 2: D !TTE D THOMAS COUtMIM (lnt?3 ?< TEL: 473 6188 DYNG-RUD TEL: 475 0444 VAN THE MERGER OF 2 LEADERS150 words
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PERSPECTIVE
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490 1987-11-19 10 THE TRADE CONFLICT between the United States and Japan shows every sign of deteriorating into meaningless posturing. Neither party appears interested in taking a conciliatory line as nationalism, rather than national interest, continues to stir emotions. This is a pity. The world's entire trading system could490 words
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566 1987-11-19 10 LOH HUI YIN - Singapore's exclusion from the list of countries which have trade barriers against the US should give her trade negotiators an even stronger hand in arguing for the Republic not to be removed from the US generalised system of preferences. LOH HUI YIN files these reports566 words
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Article, Illustration517 1987-11-19 10 SINGAPORE ie formulating a more aggreeaive atrategy to drive home this meesage to Americana that we are their trading partner, not a competitor out to grab the US market, aaid Ambassador Tommy Koh in an exclueive interview with BT. He identified the517 words
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Article, Illustration680 1987-11-19 10 Reuter US COMMERCE SECRETARY William Verity is likely to run into tough opposition to American call* for a mora opan Japanaaa construction markat wt>an ha in Japan for a four-day visit, which startad yaatarday. "Americans should not axpact to walk inReuter - 680 words
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Article, Illustration1382 1987-11-19 11 HARISH MEHTA - India and Pakistan have both laid claim to the 6,080-metre high Siachen glacier, strategically cradled in the mountains bordering India, Pakistan, the Soviet Union, China and Afghanistan. HARISH MEHTA of the Foreign Desk discusses the background issues that led the two countries in1,382 words
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1003 1987-11-19 11 M G G PILLAI - The placement of teachers in Chinese primary schools in Malaysia was possibly the key issue that led to the raising of racial tensions and last month's government crackdown. MGG PILLAI reporting from Kuala Lumpur explains that rumours rather than1,003 words
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Page 10 Advertisements
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Advertisement230 1987-11-19 10 Seldom does such an investment feet (333 sq. metres), that promise property with the benefits of Number 7 a combined rental income of well Nassim Road appear on the market. over three-quarters of a million dollars Singapore's premier residential location, per year. guaranteed return fully signed For further details or230 words
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Page 10 Miscellaneous
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Miscellaneous681 1987-11-19 10 wkhkxdob mmmm 26 27 CRYPTIC PUZZLE ACROSS 1 Sing of a great struggle with tome rabble 7 To break hit heart could be a crime (8) 8 The sound Raymond makes? (4) 10 Wallop or defeat a superior (4, 2) 11 Grow something to ••t (6) 14 Hair of rabbit?681 words
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Page 11 Advertisements
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Advertisement76 1987-11-19 11 ESS Japanese Restaurant Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only 16++ per set, they are easy76 words
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Page 11 Miscellaneous
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Miscellaneous1252 1987-11-19 11 zm mm la 12 7M PM SIC Text Sample Poges. 7JI Opening and Programme m iii 11 l m tv. ki ronowva oy im ntw CroNwtn MS The Africans A Triple i wi nuyvt n Morcn wt yootwry MO Home Ta Roost Protest. MO Rienpole Of The laAey Rwnpote And1,252 words
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SPORTS & LEISURE
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Article, Illustration661 1987-11-19 12 UPI THE REFRIGERATOR, sad to say, just doesn't keep things as cool as he used to. The atmosphere around the Fridge has heated up to the degree that it has touched off yet another brushfire within the Chicago Bears camp. The saga of William "theUPI - 661 words
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259 1987-11-19 12 AFP THE RACE to find a partner for seasoned opening batsman John Wright in the New Zealand lineup to take on Australia in the coming three-Test series started in Perth yesterday. World Cup squad members Phil Horne and Ken Rutherford have been givenAFP - 259 words
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Article, Illustration309 1987-11-19 13 AP ALYSHEBA, who thundered to the forefront of racing in the Kentucky Derby, can end his 1987 campaign in championship style on Saturday. The three-year-old colt will race in the US$3 million Breeders' Cup Classic in California, and if he wins,AP - 309 words
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Article304 1987-11-19 13 AP CHRIS EVERT is ending 1967 in a state of uncertainty. After losing to Sylvia Hanika in the first round of the Virginia Slims Championships on Monday night, Evert didn't mention retirement. But she hinted that her days as a full-time tennis player may beAP - 304 words
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Article, Illustration581 1987-11-19 13 UPI MARTINA NAVRATILOVA, given a far sterner test than expected, was forced to a tie-breaker before emerging with a 6-4. 7-6 victory over Catarina Lindqvist on Tuesday in the opening round of the US$l million Virginia Slims Championships in New York. Navratilova, seeking her fifthUPI - 581 words
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Article, Illustration202 1987-11-19 13 AP TAMMIE GREEN has been named the LPGA's rookie of the year, and said she hopes to use the lessons she learned in her first year on the Tour to go on to bigger and better things. "I'm going for player of the year next year,"AP - 202 words
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Article, Illustration328 1987-11-19 13 AP A CONTRACT for Thomas Hearns to defend his World Boxing Council middleweight title against deposed champion Marvellous' Marvin Hagler could be finalised by the end of next week. Hearns's manager, Emanuel Steward, said yesterday that negotiations with the Hagler camp got underAP - 328 words
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194 1987-11-19 13 AP THE US and Scotland appear to be the leading contenders in the revived World Cup of Golf that returns this week after a one-year absence. Burch Riber, executive director of the sponsoring International Golf Association, said: "We simply needed to doAP - 194 words
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Article496 1987-11-19 13 WALTON MORAIS - Jrankly. speaking.... By WALTON MORAIS YOU WOULDN'T THINK, listening to golfer Douglas Ooi, that this was a guy who'd just been in a team that finished eighth in a competition. To be honest, I've never heard the veteran Nomura Cup campaigner so enthusiastic about a496 words
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Page 12 Advertisements
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Advertisement907 1987-11-19 12 nv 'Jl Si 9* .Si mum i Menu Z es! They 're fm when you order a similar drink during our Jolly Hours from 10pm to lam. Mondays to Fridays. Plus 25% off other drinks by the glass with no cover charge for non-diners. Lunch: Noon 3pm Dinner 7pm 10pm907 words
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Advertisement141 1987-11-19 12 Tel: 737 4411 i New Dancing Lounge Extended by Popular Demand Baby The Los Hombres Most versatile Filipino group with a wide repertoire of the latest hits oldies in different languages. Happy Hours: 12 noon 7.30pm DRAUGHT BEER: Ordtr on* 4 your second to on tw houM. 30% discount off141 words
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Page 13 Advertisements
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Advertisement338 1987-11-19 13 L> -t 4 f; SSS in if 53 uhcrtuK^nll < h km i 4 m i u r -V o**l ~4.z£. The charms of Austria return. With the Hannes Trio. Our Austrian Food Festival trom November 6th to 21 st offers an extensive selection of authentic Austrian favourites, while the338 words
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Advertisement203 1987-11-19 13 vtt m| szeci>a rh COORT A Free Plate of Sauteed Prawns. Enjoy our house specialties of Smoked Duck, Hot and Sour Soup and Prawns with Dried Red Chillies. And when you have a party of 3 for lunch, this coupon entitles you to a plate of sauteed prawns in hot203 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4251 1987-11-19 14 BARGAIN-HUNTING in the later part of the day helped Singapore share prices to close slightly higher on relatively quiet trading. The Straits Times Industrial Index added 9.66 points to close at 836.66 on a lower turnover of 18.37 million shares valued at $35.92 million4,251 words
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Article216 1987-11-19 14 Rises G f Ufa 1400 Metre HMgi 610 1 C 710 A*m 30* 31* Mm Mo 50* IM Cerebo. 30* 432 $'M 695 Mot—WN> S30 Not Iran 490 0 Keraanr 470 CK Taa« 340 Mow Par 31 KM MIM 330 taraeo 330 Falls SINGAPORE SO Cup ii>I216 words
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Article3265 1987-11-19 14 BID and offer prices officially listed and burtw in and reparted to the Stock Exchange of Singapore yesterday with the number of Stares traded shown In brackets In lots of 1,000 units unieat otherwise specified. SECTION ONE MOUroUAL rmiMncm Acno I) XII IS 118 a3,265 words
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Article343 1987-11-19 14 SOUTH MALAYSIA INOUSTRES Berhad: 16th AGM at Bilik Sri Banang, Mezzanine Floor, Holiday Inn, Jalan Oato Sulaiman, Century Garden, ***** Johore Bahru, Johore, today, Nov 19, at 11am. HUME INDUSTRIES (MALAYSIA) Berhad: 28th AGM at the Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Bandar, ***** Kuala343 words
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COMPANY NEWS
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347 1987-11-19 15 LISA LEE - By LISA LEE BONVESTS HOLDINGS Ltd has cancelled or revoked a number of sub-underwriting agreements of its wholly-owned subsidiary BHL Investments Ltd. BHL Investments was set up in August last year and started operations in May this year. According to a shareholders circular dated347 words
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3410 1987-11-19 15 SHARE PRICES on the Kuala Lumpur stock market yesterday finished mixed to steadier on bargain-hunting and short-covering in the afternoon despite weaker trends in the morning. Generally, shares were traded within narrow margin in quiet trading. However, the widely-followed New Straits Times3,410 words
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493 1987-11-19 15 AMY BALAN - By AMY BALAN INTERNATIONAL trading company Inchcape PLC has strategically positioned itself for a larger slice of the lucrative wines and spirits business in the Far East. It is joining hands with two of the industry's biggest names Guinness PLC's subsidiary United Distillers and493 words
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Article, Illustration369 1987-11-19 15 TWO NEW FACES have joined the committee of the Stock Exchange of Singapore for the financial year 1987/88, bringing the total number to a maximum of nine. The committee is made up of four elected members and five nominated members approved by the369 words
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Article277 1987-11-19 15 Manager*' prices for Nov 19 Singapore Unit Trust Ttl* CO—I'M 086 0W Tfcn Savings Fund 077 OSS S'por* frog Fund 035 040 S'pora Sac fund 0 40 044 S pot ln««K Fund 0*4 0 49 S pora Equity Fund 043 048 Asia Unit Trust Mol lnva«t fund 121277 words
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95 1987-11-19 15 Bernama BANDAR RAYA Developments Bhd, a property development company in the Multi-Purpose Holdings stable, has obtained a MS 12 million facility to finance purchasers of 230 units of luxury town houses of the Verona Town Villas in Kuala Lumpur. The facility, co-managed byBernama - 95 words
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Article106 1987-11-19 15 UIC directors Join FCC board THREE DIRECTORS of United Industrial Corp have joined the board of First Capital Corp. They are Leong Chee Whye, Peter Chong Hon Kiong and Alice Qiam Chai Neo. Michael Taylor has resigned as a director of FCC on Nov 18. The FCC board106 words
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Page 15 Advertisements
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Advertisement371 1987-11-19 15 NOTICE In the matter of the Companies Act, Cap. 50 NOTICE OF RESOLUTION HAI LOKE CONSTRUCTION CO. PTE. LTD. (In Creditors' Voluntary Winding Up) At an Extraordinary General Meeting of the above Company duly convened and held at 4 Battery Road 12-00 Bank of China Building, Singapore 0104 on the371 words
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Advertisement5 1987-11-19 15 Chartpoint in BT every Saturday5 words
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Advertisement115 1987-11-19 15 ft ft" This announcement appears as a matter of record only October 1987 BRIERLEY INVESTMENTS OVERSEAS N.V. U5550,000,000 MEDIUM TERM LOAN Guaranteed by BRIERLEY INVESTMENTS LIMITED Arranged by The National Bank of Kuwait S.A.K., Singapore Branch Lead managed by The National Bank of Kuwait S.A.K., Singapore Branch The Commercial Bank115 words
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WORLD MARKETS
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Article1090 1987-11-19 16 New York Reuter WALL STREET closed lower on Tuesday, but managed to recoup half of its deepest losses of the day as investors retreated to the sidelines, still waiting for news on the budget-cutting talks in Washington. A weak dollar and bearish stock forecasts weighedReuter - 1,090 words
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Article891 1987-11-19 16 London Reuter AP UK EQUITIES were marked higher in early business yesterday on fresh hopes that plans to cut US budget deficit substantially will be reached this week. Such hopes were renewed by comments from White House and congressional negotiators overnight that they made "excellentReuter; AP - 891 words
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Article1187 1987-11-19 16 Selected indices HONGKONG Hongkong Index Wednesday *****5 Tuesday *****6 WNk ago *****1 Hang Seng Index Wednesday *****5 Tuesday 2290.37 Week ago 2046.18 All Industrials Wednesday Tuesday Week ogo NEW YORK Dow Jones Tuesday Monday Week ago ***** ***** ***** *****5 *****0 *****5 TOKYO Nikkei Average Wednesday ***** 49 Tuesday *****281,187 words
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Article67 1987-11-19 16 AP THE TOKYO Stock Exchange has received applications from 40 securities companies including 20 foreign firms for 22 new exchange memberships to be created by next May. TSE president Michio Takeuchi said yesterday. The exchange would decide by the end of this year whichAP - 67 words
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Article1441 1987-11-19 16 Hongkong Reuter SHARE PRICES in Hongkong cloeed marginally lower after a weak opening yesterday, despite late speculative buying aimed at Hongkong Land. The Hang Seng Index fell 5.22 points to 2,285.15 while the Hongkong Index was off 0.03 at 1,483.95. Turnover totalled HKSI.I billion against HK$l.4 billionReuter - 1,441 words
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Article130 1987-11-19 16 MOV u Chatl Sugar Daai'Ti Ind WON SM00 ***** 1290 1000 0—woo Corp 9900 -1460 600 Daewoo Haavy ***** Oatahto Sacurinaa ***** 1300 600 ***** Dong Sun stoc* ***** +1300 790 Doogbu S*aal ***** Goto Star ***** 600 Ha mi Bank ***** 400 Hand Camant 1X10 10 Hankuk Olaaa130 words
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Article518 1987-11-19 16 JAPANESE SHARE price* closed higher in modest trsde yesterdsy on intensified hopes thst the US will decide to cut its budget deficit by US$3O billion this fiscel yeer. The 225-shsre market index climbed 390.21 points, or 1.7 per cent, to 22,734.49. Advances led declines nine to seven in turnover518 words
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Article444 1987-11-19 16 THE AUSTRALIAN share market closed easier yesterday, but off the day's lows, on news the US was making progress on plans to cut its budget deficit brokers said. However, they said late buying failed to offset fully early nervousness following a 27-point overnight loss on Wall Street and a444 words
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Article141 1987-11-19 16 Reuter THE SECURITIES Exchange of Thailand Index rose 2.8 points to 291.43 on a turnover of 5,489,300 shares worth 394.02 million baht. Reuter I'M 1 cnaroong Thai Wt ra IClM 306 -12 Datarrvat 230 -0 Dhana Slam Fin Aaia Flbra 70 ■♦•2.5 Duattani 3B2 -20 Eaat Aaiattc 271 4Reuter - 141 words
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Article261 1987-11-19 16 MOV 1* f*T S All Slnc«rs Indus 2 86 -0 06 Asia Csmsnt 71 SO 2 Cathay Cons 66 00 15 Chang Hwa Bank..... 175.00 12 WiH ntin WrDffn 46 30 0 6 Chin Hsln Flour 19 40 -0 1 China Ch*m 26 40 05 China 0*v 62 00261 words
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Page 16 Advertisements
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Advertisement6 1987-11-19 16 Manila ahara prlcaa wara not avallabla6 words
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Advertisement110 1987-11-19 16 NOTICE RICHARDS. HOfiE INTERNATIONAL (ASIA) PTE. LTD. Average Adjusters 0 »I;l=kk Please be informed that with effect from 23rd November 1987, we will be at: 135 Cecil Street #11-02 LKN Building Singapore 0106 Our telephone, telex and facsimile numbers remain unchanged. m Saboh Development Dank Berhad U.S. $40,000,000 Floating Rate110 words
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Page 17 Advertisements
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Advertisement409 1987-11-19 17 See how much money you can save in 30 minutes. We've got an offer that could save you a lot of money. Simply visit an IBM Authorised Dealer and let him demonstrate the IBM Personal ■T* I computers. See tor yourself why we've million them worldwide. Take a close look409 words
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490 1987-11-19 18 Takeshita to inform US Commerce Secretary of decision AFP Reuter TWO SEPARATE Japanese actions yesterday signalled the likelihood that bilateral relations with the United States may be poised to worsen in the short term. At a meeting in Tokyo today, visitingAFP; Reuter - 490 words
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252 1987-11-19 18 AN OPTIMISTIC American economist in town as a Lee Kuan Yew Distinguished Visitor has projected that the American economy will grow by 2.5 per cent next year. This was higher than the 1.75 per cent forecast by a group of "serious economists",252 words
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Article, Illustration462 1987-11-19 18 FORMER HEALTH Minister Howe Yoon Chong has lost the latest round in his long-drawn tussle with the Chief Assessor over the assessment of his Binjai Walk home. The Court of Appeal yesterday ruled in favour of the Chief Assessor's appeal against the462 words
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Article, Illustration384 1987-11-19 18 Reuter UPI CONFIDENT that a treaty on intermediate nuclear missiles is now assured, US and Soviet chief arms delegates left Geneva for home yesterday, leaving regular negotiating teams to work out final details. Max Kampelman, leader of the US delegation to the GenevaReuter; UPI - 384 words
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287 1987-11-19 18 Bernama ES TOTAL LOANS disbursed by commercial banks in Malaysia fell by M 51,093 million in the first half of this year compared with an increase of M 51.959 million during the same period in 1986. Bank Negara, in its August statistical bulletinBernama ES - 287 words
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131 1987-11-19 18 AFP PHILIPPINE security officials are keeping an eye out for a rebel army colonel after he threatened to disrupt next month's Association of South-east Asian Nations summit in Manila. Fugitive Colonel Gregorio 'Gringo' Honasan, leader of a bloody coup attempt in August, saidAFP - 131 words
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Article47 1987-11-19 18 Bernama MAS HAS SIGNED a purchase order for eight Dutch-made Fokker 50 aircraft worth more than Ms2oo million to replace its existing fleet of 11 Fokker F27s. Malaysian Transport Minister Datuk Ling Liong Sik said yesterday that the agreement was signed on Tuesday. BernamaBernama - 47 words
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134 1987-11-19 18 Reuter A SPOKESMAN for the International Atomic Energy Agency (lAEA) confirmed yesterday that Iran had asked it to send experts to inspect an unfinished atomic plant damaged by Iraqi air raids. But industry sources said the amount of radioactive material at the plantReuter - 134 words
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382 1987-11-19 18 AFP INDIAN PREMIER Rajiv Gandhi is to visit China after three days of border talks between the two countries made useful progress on resolving the sensitive boundary dispute, diplomats said. Mr Gandhi accepted in principle an invitation extended to him by Chinese Vice-Foreign MinisterAFP - 382 words
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400 1987-11-19 18 AMY BALAN - By AMY BALAN THE OCTOBER stock market maelstrom has ravaged two more rights issue, saddling underwriters with more losses in one, and all but flattened the cash-call plans of the other. Hotel Properties, which announced its proposed one-for-one rights issue at400 words
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238 1987-11-19 18 Reuter THE SLUMP on equity markets has not derailed Britain's privatisation programme. Treasury Financial Secretary Norman Lamont told Conservative Members of Parliament on Tuesday: "Some of our opponents have suggested privatisation and (the government's goal of) wider share ownership have suffered death blows. Let meReuter - 238 words
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Article118 1987-11-19 18 AFP A FREE TRADE treaty between Australia and New Zealand is likely to be a major topic when Prime Minister Bob Hawke makes his first official visit to New Zealand from today, officials say in Canberra. Mr Hawke has said both countries have gained significantlyAFP - 118 words
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Article90 1987-11-19 18 Reuter COMEX GOLD FUTURES softened on light selling generated by the dollar s subdued firmness yesterday morning on reports of progress at the US budget-cut-ting talks. December gold lost US$l.OO at U*****.80 an ounce, holding in a dull trading range of US$O.9O which was narrower than the US$l.lOReuter - 90 words
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LATE FILE
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Article43 1987-11-19 18 UPI A DELEGATION from Laos will visit China this month, marking the first visit by top Vientiane officials since ties between the two communist neighbours were frozen in 1979, said a foreign ministry spokesman in Beijing yesterday. UPIUPI - 43 words
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Article49 1987-11-19 18 Reuter CHINESE businessmen are making a pioneering visit to Saudi Arabia, the only major Arab country not to have diplomatic relations with Beijing. The official New China News Agency said yesterday that the delegation is in Dhahran for a 10-day goodwill visit. ReuterReuter - 49 words
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Article60 1987-11-19 18 Reuter AN INDIAN judge yesterday adjourned hearings on the Bhopal gas disaster after the government and the Union Carbide Corporation failed to agree on a multi-million dollar settlement. Judge M W Deo adjourned the case until Nov 27, saying he expected lawyers of both sides to agreeReuter - 60 words
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Article51 1987-11-19 18 AFP STUDENTS in Seoul yesterday attacked a police substation in retaliation against the arrest of student leaders. Press reports and eye-wit-nesses said about 20 students from Yonsei University in Seoul tossed three petrol bombs into a nearby police sub-station, inflicting slight injuries on three policemen inside.AFP - 51 words
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Article59 1987-11-19 18 AFP THE dominant Tamil separatist group has renewed its demands for a ceasefire with the Indian peacekeeping forces deployed in Sri Lanka. Press reports from New Delhi yesterday said the Liberation Tigers of Tamil Eelam had issued a statement saying it was "most reluctant and unhappy"AFP - 59 words
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Article55 1987-11-19 18 Reuter KING Bhumibol Adulyadej of Thailand yesterday pardoned a former policeman whose imprisonment on charges of insulting the monarchy sparked international protests. Police major Anant Senakhan, sentenced by a military court in 1983 to six years in prison for lese majeste (insulting royalty), would be releasedReuter - 55 words
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Article49 1987-11-19 18 AFP THE United Nations General Assembly yesterday approved a resolution, opposed by Britain, urging bilateral talks between London and Buenos Aires on the future of the Falkland Islands. The resolution, approved 114 to five, with 36 abstentions, was Britain's sixth consecutive diplomatic defeat on the issue.AFP - 49 words
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Page 18 Advertisements
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Advertisement49 1987-11-19 18 BUSSS 6 8 I FIXED DEPOSIT I 3 mths 4.00% p.a. 6 mths 4.00% p.a. 9 mths 4.25% p.a. 12 mths 4.50% p.a. Hire Purchase Industrial and Commercial Machinery Construction Equipment Properties Share Loans 116 Middle Road #03-01 6 ICB Enterprise House Singapore 0718 z Tel: *****81, *****04, *****87 <49 words
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Advertisement10 1987-11-19 18 LMKtor, Pag* 10 INF accord likely by Monday, Paga 410 words
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Advertisement16 1987-11-19 18 PATEK PHILIPPE GENEVE Watches oj omtzmam. 6 Scotts Road 01-16 Scotts Singapore 0922 Tel 737 370816 words
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SHIPPING TIMES
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486 1987-11-19 19 JUNE LIM - By JUNE LIM THE INSTITUTE of Chartered Shipbrokers is considering making modifications to its courses to meet changing demands. Mr Peter Talbot Willcox, president of the ICS, said five different short courses were being examined chartering, sales and purchase, tanker chartering,486 words
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255 1987-11-19 19 Reuter NIGERIA has withdrawn armed troops stationed at seaports for the past week to search for contraband because they have completed their task. "The soldiers were withdrawn on Monday)," Yusuf Mamman, spokesman for Vice-Admiral Augustus Aikhomu, the military government's number two, said. The soldiers wereReuter - 255 words
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145 1987-11-19 19 Reuter THE CONTINUING general strike in Bangladesh haa virtually paralysed the country's two sea ports and 27 ships are waiting offshore, port officials said. They said 15 ships were now at the outer anchorage off Chittagong with the longest delay ofReuter - 145 words
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PORTSIDES
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Article185 1987-11-19 19 Kingsley Wood - I\AJ9 Oil IV/ From K Kingsley Wood A TRIAL shipment of 3,000 potted plants has left Melbourne for Japan as part of a research test aimed at gaining a foothold in a new Far East market for indoor and landscaping plants worth an estimated Asl2185 words
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Article52 1987-11-19 19 A JAPANESE-CHARTERED tanker picked up 24 Vietnamese "boat people" in the South China Sea, Japanese maritime officials said. The 105.178-ton World Brigadier, chartered by Seibe Shipping, was sailing to Japan from the Middle East when it picked up the refugees, who left Vietnam on52 words
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Article1215 1987-11-19 20 Lloyd's Shipping Economist THE UNITED STATES Military Sealift Command (MSC) ships almost 3 million tons of dry cargo each year, predominantly, but not exclusively, in privately owned US-flag vessels. Contracts are awarded to private carriers based on rate bids for six-month periods, starting Oct 1Lloyd's Shipping Economist - 1,215 words
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Article764 1987-11-19 20 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 3 Anro Service IV 2/3 ANl 1 1/2 ARC line V 4 API III 2/3 Arrow lines IX 5 ASCI III764 words
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Article1544 1987-11-19 20 MOST sections of the freight market on Tuesday experienced fairly quiet chartering with no fresh grain business reported out of the US Gulf, shipbrokers said. A vessel is reported to have been booked for wheat, however, from Vancouver to Bandar Abbas at U5533.75 for early December loading. Coal1,544 words
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378 1987-11-19 21 MITSUI OSK LINES has begun a new feeder service linking Kaohsiung with Bangkok, and Hongkong with Singapore and Port Klang in a move that will improve by as much as 4 days the transit times of the carrier's trans-Pacific container service to and378 words
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Article, Illustration98 1987-11-19 21 THE SINGAPORE-OWNED tug, Salvintal, which was hit by an Iraqi Exocet missile last weak, was towed by the supply ship Nice Tuna off the United Arab Emirates port of Dubai. Gulf shipping sources said three of the tug's crew were killed98 words
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56 1987-11-19 21 Reuter THE NORWEGIAN Energy Ministry will examine the way state oil firm Den Norske Stats Oljeselskap A/S (Statoil) is run in the wake of cost overruns totalling five billion crowns at its Mongstad oil refinery expansion project. The inquiry would also consider someReuter - 56 words
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198 1987-11-19 21 AFP A BRITISH-BUILT sailing ship from Oman arrived in Singapore on Tuesday on its way to Australia's bicentennisl celebrations in January. The barquentine Shabab Oman, said by its British commander Christopher Biggins to be the largest of its kind in naval service, isAFP - 198 words
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Article250 1987-11-19 21 ALL SURVEYS ware conducted on Nov 2 Argentine Buenos Aires 25 veesels operating. AuetraHs Brisbane. Sydney and Melbourne and F reman tie Normal operation. a,,.» Brazil Santos Waiting time of up to three days. Cameroon Douala Normal operation. Canada Vancouver (British Columbia) Waiting time of up to five250 words
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Article264 1987-11-19 21 Kingsley Wood - From Kingsley Wood THE ASSOCIATION of Australian Port and Marina Authorities has been reorganised to handle the increasing work and renewed interest and the criticiam in port operations that have flowed from the long-running shore-based inquiries. AAPMA is an association of 33 port and marine authorities264 words
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9325 1987-11-19 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.9,325 words
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Article128 1987-11-19 26 Area/Port Vtecoolty Donolty Water C8T at 50C Q/ML at 19C Votuma 0/0 Africa/Rad Saa Joddoh 25/182 0.918/0.956 0.0/3.5 Durbon 88/171 0.977/0.992 0.0/8^ Arabian QuN Roj Tanura 105/161 0.941/0.949 0.0/0.3 Bahrain 167/190 0.974/0.976 0.1/0.1 Europa Rotterdam 34/472 0.937/1.010 0.0/1.8 Hamburg 38/421 0.955/0.991 0.0/13 J L* Havr« 169/352128 words
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Article1348 1987-11-19 27 AT CONVENTIONAL WHARVES VmH Barth Arrival Dapam KEPPEL WHARVES AJbomm Kit OfcMQMto 21 11/1500 Bo<v"nhon K3I otonguba 24 IIAMOO Mm Com) uo okxtgMto 2011/2300 Ct ho No<t (CIS oto<1QSid# 1911/1500 Concord fwrono Kl« olongndt 1911/2300 Gondo Bhokt. KIB okxiQfrd* Itll/OtOO Mogoh Brooko 1 K17 OkyiQMte 1911/0100 Oiwja1,348 words
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Page 19 Advertisements
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Advertisement559 1987-11-19 19 ,««S&:«***£ AtrwlaO** »t ail Good Boofcsßops Pubhshed by Cambridge University Press, uk l STP Distributors OHjtNT Offlgns CtUeimt Um WW/ Jardines »l SHIPPING AGENCIES (R* No 242M4/ 00K) 200 Cantonmtnt tad #12-05 Southpomt, Singapore 0201 Td 221 Oil TELEX NO RS ***** TERMINAL/CFS U *****11 220 BOOKINGS Ttf *****34 235559 words
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Advertisement71 1987-11-19 19 miDt THE UNITED STATES Military Seallft Command (MSC) ships almost 3 million tons of dry cargo each year, predominantly, but not exclusively, in privately owned US-flag vessels. P»ge II MITSUI OSK LINES has begun a new feeder service linking Kaohsiung with Bangkok, and Hongkong with Singapore and Port Klang. Page71 words
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Advertisement541 1987-11-19 19 J* TIMES aP° RE SlN^ lA'.l» .t'*- cl l riu j 1 J H STP Distributors r<m*s Croup MAERSK LINE TRANSIT TIME TO CHARLESTON REDUCED BY 5 DAYS 29 DATS FROM SINGAPORE 34 DAYS FROM PORT KELANG 33 DAYS FROM PENANG This meek M Rotle'dam Closing Time CY 25/11 2000541 words
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Page 20 Advertisements
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Advertisement431 1987-11-19 20 03! COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT OUTBOUND TO MEDITERRANEAN VIA FEEDER SPORE MARSEILLES BARCELONA ALEXANDRIA "pK I PNC ETA/ETD ETA ETA ETA LATTAKIA ETA mxam TZM ■LiM VILLE DE JUPITER INBOUND FROM EUROPE/FOR FAR EAST PORTS A OCEANUS431 words
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Advertisement17 1987-11-19 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement439 1987-11-19 20 CHARGEURS REUNIS mt S!N(,APOPf f NOUlP'f s /?;]'!4 A I ??SSB5l' S'pw S O ESTERO VU LA RIOJA IS/12 CATAMARCA II 2VU *SaßfOCt tD inducement Optorg Shipping Pte. Ltd I fort .inq Prn.iPg EL M A VPfIESA .\f '/if Vis iOGf\* SAS ABGEN'INE JNEloodmi lor DSN C. Team **<o Santos439 words
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Page 21 Advertisements
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Advertisement1261 1987-11-19 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapore to Sabati, Sarawak, Brunei Ports and Bangkok P&oci.y^ P&O Containers Limited CONTAINERSHIP SERVICES TO/FROM BANGKOK CONT AINERSHP SERVICE TO UK/CONTINENT: OSAKA lAT KITANO MRU LAKS I*l HONC KONC tXMCSS CAROtCAN lAT UNA VON TOLACA lAT tokk) uraess KOW.OON1,261 words
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Advertisement523 1987-11-19 21 EUROPE Ifl south vf m a n Si I ATM Wf 717 DII 2 I SEMTN IF 7M 11.lt R SEMTN Wf 7N ait LMO AIT lilt lilt 17.12 ait Alt I Z7.lt NJI HI iui aii Itui II -> Ml-T HUITTWrf ee 7is 27 ii an an a EE523 words
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Page 22 Advertisements
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Advertisement248 1987-11-19 22 Hapag-Lloyd N CONTAINERSHIP SERVICE TO UK/CONTINENT ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN. AARHUS GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM CARIBBEAN 1 S. AMERICA CONV/SEMI-CONTAINER SERVICE TO EUROPE CONV'SEMI-CONTAINER SERVICE TO MEl> EUROPE mm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY FROM PT. KELANG Accepting FCL and LCL248 words
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Advertisement432 1987-11-19 22 ~,/i SHWt FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 of ,h Cf Conso<tlum fROM ['JROPE VIA SUEZ Mrmbrr of the Ace Consorts MiILY CONTAINERISED 10 fROM NORTH AWFRICA WISI COASI CONVENTIONAL SERVICE TO PERSIAN GULP GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M <• UnM) FAX NO:432 words
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Advertisement441 1987-11-19 22 FREIGHT LINKS EXPRESS PTE LTD ACCEPTING FCL/LCL TO ALL U.S.A. PORTS/INLAND DESTNS. Sailing: 24/11 A 1/12 TO PORT KELANG PENAN DEP: EVERY SAT: 28/11 5/12 WEEKLY CONSOL TO: JAKARTA BANGKOK HONG KONG MANILA KEELUNG/KAOSHIUNG BUSAN TOKYO/YOKOHAMA SYDNEY/MELBOURNE AUCKLAND/WELLINGTON LONDON/FELIXSTONE HAMBURG/ROTTERDAM 28/11 5/12 28/11 5/12 22/11 29/11 27/11 3/12 22/11 29/11441 words
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Advertisement1129 1987-11-19 22 ~~——-ss^sssESSSSm2SSSSSSmmESmSSmSS!&3SSKBB3S£SSSSSSSS3ESZ EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GENIUS EVE* GREET EVER LINKING EVER CLOSE EVER CtNTLE ALSO ACCEPTING CARGO TO: 1) PROVIDENCE NEWARK SAVANNAH BOSTON PHILADELPHIA NORFOLK JACKSONVILLE WiIMIHGTOH RMUM ETC 2) ATLANTA CHICAGO DETROIT COLUMBUS t OTHER MAJOR MCROSRIDGE DESTINATIONS 1) CRISTOBAL. BALBOA PANAMA CITY COLON1,129 words
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Page 23 Advertisements
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Advertisement554 1987-11-19 23 m S2samt£££ss±2i±Sߣasi PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 w FAR EAST CONTAINER SERVICE VESSEL VOY SIN JKT SBV VOY SIN PGD HKG KAO KEE MTC VOK NGO KOB BUS MAJAPAHIT USB SLO IN PT 20/11 14NB 24/11 2S/11 29/11 Omtt Omtt 5/12 7/12554 words
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Advertisement270 1987-11-19 23 felN ORBLJLK NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL *****66 KL PK S P YEO SHPC TRDG KL T 8396*4 PK *****01 PENANG TANJONG MARINE SDN BHD TEL 52&525 SABAH TRANSPAC KK TEL »48S270 words
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Advertisement443 1987-11-19 23 Irjp BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Out; 9ay Kitano Maru Larp Bay Hongtorg Eiprtu Cardigan Bay Btflivor Tonga Bay Tokio Eiprtu Kowloon Bi» Frankfurt Eiprtu Ouka Bay EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS TASMAN JEBSEN NEW ZEALAND443 words
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Advertisement697 1987-11-19 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESDRI LLOYD r.T. BAMUOEPA WPOIESIA o P.T. TjjjMjjA LLOY EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL. VOV s panjan&itwo SRIWIJAYA22WO OCEAN PRIMA *»B u. dontangijwd SPORE OILOAO 27-29,11 20-2212 IXI ami a/1 6-8/1 4/2 ANTWERP A CAM R OAM697 words
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Advertisement385 1987-11-19 23 BOUSTEAD SHIPPING AGENCIES SITTWAY V 33 PAGAN Vl2o# PA-AN VllWf PAGAN VI2IW BURMA FIVE STAR (Burmese National Line) Loading for Rangoon e P.Kelang Penang Bangkok 19/21 No* 14/20 Nov 30 Nov/2 Dec 6 8 Oct fig* BANK UNE NORTHBOUND TO UKC SPORE RDAM HULL HMBG IVYBANK V2ON 21/11 15/12 24/12385 words
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Page 24 Advertisements
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Advertisement1309 1987-11-19 24 v K"LinE SHIPPIfIG-ElflTfl flTLflrmC CDfiST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK BROOKLYN BRIDGE V 5 Sid 19 Nov 12 Dec 22 Dec 24 Dec ORIENTAL FORTUNE V 6 21 Nov 26 Nov 19 Dec 29 Dec 31 Dec •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL *PK PNG SP MOTHER VSL1,309 words
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Advertisement786 1987-11-19 24 '■/l€ AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers p Kelanj I Liner Vessel Spore Melt Fr em Sydn RA»IOAS »38 7 Dec 20 Dec 29 Dec 27 Dec AM Bns CHANDIDAS V.29 21 Dec 5 Jan Ulan 12 Jan AM Bm INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P786 words
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Advertisement743 1987-11-19 24 GOLDEN LINE \<Q (TV GUAN GUAN SHIPPING (PTE) LTD 23. TM Arc StTWt saumw OHM m i«»« <10 im> Fax SKSM STRAITS/PERSIAN GULF SERVICE: Spore oKetang Pen*-* GOLDEN WONDER Colombo Karachi Dubai Dammair 22/24 Nov GOLDEN BEAR Colombo Karachi Dubai Bahrain M Dec CHINA SERVICE A VESSEL Xingans, Shanghai 29/30743 words
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Advertisement564 1987-11-19 24 EAST/FAR EAST FCL ft a/11. 5/12 11/12. 19/12 21/U, 21/11 PHIU Oni€NT UN€5 PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -tr 12 AFRO ASIA BUILDING SINGAPORE 01C6 TELE RS 2B7?0 PHIII FA* ***** "^6 Dcnaunoi DUBAI DAM MAN KUWAIT DOHA. MUSCAT. BAHRAIN ABU DHABI SHARJAH. JEDOAH. HOOEBAH AQABA H KONG564 words
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Page 25 Advertisements
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Advertisement891 1987-11-19 25 \\NEPTUNE ORIENT LINES LTD 52 BBSS! FM EMT/EWOH FULLY CORTNRERBBI KRVKt A nwmbr o* lh« ACE Comortlum NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Tormtnal CFS BOOKINGS *****5J *****42 *****22 *****53 2 *****1 27*111 27*111 27*141 NEPIINE SON. BHD WW INWARD/OUTWARD NEPIINE SON. BHD. *****33 ENQUIRIES *****44 NEPIINE SDN. BHD.891 words
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Advertisement428 1987-11-19 25 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN. INCHON Vnttl i Name No t Don*m/7UN Mo 9 Dora m/TOM #No I Doram/709N M Ent,7lSN No i Donjmf7l2N No 1 Don»m/70»N No I ooram(7loN No 7 oonam/712N No t Doram/712N ETD BS BKK OS/11428 words
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Advertisement623 1987-11-19 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PENANG NniIMDLING SYSTEM CO SON BNO MESSRS NAI THONG SHIPPING 127 PmngStrMl Pmn|, MaityM Si 14 Mm623 words
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Page 26 Advertisements
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Advertisement279 1987-11-19 26 SINGAPORE SHIPPING Mf CORPORATION (PTE.) LTD. TEL 225 6868 <30 Lines* FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTF RACHT/SEEREEDEREI R(jc Si TOCK INTEGRATED FULL CONTAINER SERVICE *VIA COLOMBO Accepting cargo for INDIA Bombay. Cochin, Madras Calcutta "VIA LARNACA Accepting cargo for279 words
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Page 26 Miscellaneous
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Miscellaneous159 1987-11-19 26 I Regional Weather f. <•: sw I o £> 4 v h v ili" 5M -> SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO A.M. THW R V X\ 1 WeoltKf w«d dvection witti H>f«d m knots V t "o.t height Cloudy Sky W«(# art ««4ac«»*4 br •rrow* wfecfc Hy wrtfc159 words
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Page 27 Advertisements
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Advertisement241 1987-11-19 27 A T IST CLASS CONTAINtR TRANSPOR Scan Dutch 9 TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY TO RED SEA EAST MEDITERRANEAN WEEKLY 2S/11 0/12 2/12 13/12 TO WEST MEDITERRANEAN WEEKLY B Butanf/K Bhum 21/11 In Pt In Pt 21/11 SO Italia/000 25/11 14/12 B Butanf/K. Bhum 21/11 21/11 21/11 21/11 SO Ladn/U241 words
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Advertisement694 1987-11-19 27 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE s'i't <••!•»« si »c• it EAST BOUND SERVICE ETA S PORE LOADING FOR MV BAGHDAD MV BASRAH WEST BOUND SERVICE ETA S PORE LOADING FOR 3*ll Jaddati Aqaba 1002 Jaddah A«afca THROUGH B/L» to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UTTO AQABA694 words
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Page 28 Advertisements
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Advertisement329 1987-11-19 28 Hai Sun Hup Co (Pte) Ltd TF I ??***** 120 Imps) TLX RS ??061 A RS ***** t j f \M I K\ \l< I IM K. Ill) CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Borth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE PORTS.329 words
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Advertisement488 1987-11-19 28 To COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEJYB-COWTAMER SERVICE TO NORTHBOUND TO UKC IVYBANK V2ON PRO ATLANTIC* VIN TAUSALA SAMOA VUN MORAYBANK V4N ROM/A'DAM HBC HULL (U.K.) 15/12 11/12 24/12 12/1 18/1 IS/1 21/1 2S/1 6/2 10/2 14/2 Calling Ltixon "Alto Accaptmf PCL to n/fe<iut—g/SouttiaiwHow/OeWwt/CeMwnturi V'i.l.vi.Mill'J!.!:488 words
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Advertisement344 1987-11-19 28 I mJS uliic-ii't WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S PORE ETA KEaUNC CON-CARRIERS 20/S7 11/11 24/11 CON-CARRIERS 21*7 24/11 30/11 CON-CARRIERS 22/17 2/12 1/12 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE ETA SYD ETA MELB CON-CARRIERS 25/17 21/11 13/12 17/12 CON-CARRIERS 2t/t7 24/11 li/12344 words
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Advertisement596 1987-11-19 28 CALL US ATr P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 1 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 AARHUS, AMSTERDAM. ANTWERP. BASLE BREMEN BREMERHAVEN. COPENHAGEN HELSINKI. MALMO OSLO. STOCKHOLM. UK. FROM EUROPE VSL SELANDIA 437596 words
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