The Business Times, 21 January 1987
1987-01-21
1
26
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The Business Times
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Title Section12 1987-01-21 1 BUSINESS TIMES M.C. (P) No. 112/12/86 WEDNESDAY, JANUARY 21, 1987 75 CENTS12 words
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Article, Illustration207 1987-01-21 1 Exchange rates THE SINGAPORE dollar closed weaker at $2.1360/70 ($2.1295/1305) against the US dollar in the forex market yesterday. It went up slightly against The local unit fell against the Malaysian dollar, but rose against the mark and the yen. US$: 152.35/45 yen, 1.8275/85 DM, S$2.1380/90 US$1.5245/55207 words
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Article, Illustration597 1987-01-21 1 FOO CHOY PENG - Coroner gives verdict of suicide By FOO CHOY PENG Chief Reporter FORMER National Development Minister Teh Cheang Wan had been under investigation for graft before his death on Dec 14 last year, a coroner's court heard yesterday. The State Coroner ruled yesterday that Mr Teh had597 words
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201 1987-01-21 1 INVESTIGATION into a second charge of bribery against the late National Development Minister Teh Cheang Wan is still in progress, said Corrupt Practices Investigation Bureau director Evan Yeo yesterday. Mr Yeo confirmed with BT that CPIB was still looking into the second complaint that the201 words
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Article, Illustration248 1987-01-21 1 WHILE MARKETS around the world continued to rally, the local market eased across the board in heavy trading. The Straits Times Industrial Index fell 8.24 points to 940.11 while the BT Composite Index lost 9.10 points to 834.56. Turnover fell to 25.2 million shares worth248 words
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125 1987-01-21 1 Reuter THE AUSTRALIAN economy received a much needed boost yesterday with the release of government trade statistics showing the lowest deficit for eight months. The deficit on the current account of the balance of payments showed an unexpected improvement in December, fallingReuter - 125 words
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139 1987-01-21 1 Reuter CHINA yesterday reassured Hongkong that top level leadership changes in Beijing would not affect its commitment to the British colony's stability. Xu Jiatun, the director of the Hongkong branch of the New China News Agency and China's senior official there, told diplomats that BeijingReuter - 139 words
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Article, Illustration241 1987-01-21 1 THE MINISTRY of National Development is to have two permanent secretaries following yesterday's announcement that Ngiam Tong Dow will join the ministry on Feb 1. Mr Ngiam is to be the ministry's first permanent secretary while the current holder, Koh Cher Siang,241 words
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585 1987-01-21 1 CHAN 01 CHEE - By CHAN 01 CHEE IN A SHOW of confidence, fifteen stockbroking and financial institutions including five sponsors have signed up as market-makers for the shares of Singapore National Printers (SNP), the first company to be listed on the new securities market,585 words
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Page 1 Advertisements
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Advertisement168 1987-01-21 1 assssM PUT ON A CROCODILE. WEAR A LEGEND. FOR HOME BUYERS §Once you've found your dream home, the next thing you have to look for is a good housing loan. Look to International Bank of Singapore. At IBS, our housing loan scheme is designed to make it easier to own168 words
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Advertisement406 1987-01-21 1 The right direction IN ADVERTISING and Marketing on Page 6, BT looks at I the marketing shift at McDonald's. In the words of I its marketing manager: "Channel 8 must be the big promise. That means Mandarin is the key language, you can't deny that the Mandarin media are very406 words
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Advertisement108 1987-01-21 1 More reports, Back Page SOIKXX>-TH€/mK OMITOfKS(-nwi KSttUMNT I tradition of Lunar New Year Come try our Special Raw Fish Salad from 22 Jan -12 Feb for lunch and dinner. Or choose from our exquisite Lunar New Year 10-course menus for your re-union and festive dining. Available at $300 nett or108 words
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Advertisement48 1987-01-21 1 yy yy i ii« The 2nd Asian International Food Processing Packaging Technology Show Conference 8-11 April 1987 WTC ■PI Singapore Exhibition f Services Pie Ud lei: *****47 ProPakAsiaB7 Singapore National Printers confident, Page 15 Shipping Times comes as a separate section today. Make sure you get your copy.48 words
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HOME NEWS
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387 1987-01-21 2 CHARLES SAVAGE - By CHARLES SAVAGE SINGAPORE WOMEN workers involved in the manufacture of semiconductors need not be unduly concerned about a US study that pregnant women in such plant face a high risk of miscarriages. Only one company, the Ital-ian-owned SGS, has a wafer387 words
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Article, Illustration329 1987-01-21 2 RARE CHINESE porcelain that is more than two centuries old and valued at $700,000 has gone on sale in Singapore. Mr PS Yong, managing director of Selangor Pewter, said 12 different porcelain items, ranging in price from $575 for a teabowl and saucer set329 words
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143 1987-01-21 2 THE NEW FACES taking over the management reins at the former Oberoi Imperial Hotel were introduced to the public yesterday evening at a reception at the hotel. Interlaced with blessings from a Hindu priest and the freeing of 38 birds, the ceremony marked the143 words
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Article438 1987-01-21 2 Seminars and r B J Cahners Tel *****13 Courses I |3r Exposition Tlx RS ***** L X l V firm ip Fax: *****66 DURATION TITLE VENUE organism TELEPHONE Feb 213 Financial Management ond Anal/sis National Productivity board Notionol Productivity Board *****66 Feb 2 16 Qualify Control Circle leoder438 words
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449 1987-01-21 3 JEFFREY TSANG - By JEFFREY TSANG THREE VENTURE CAPITAL funds have joined in to help a local company develop a computerised hotel information system for tourists and business travellers. Singacon Investments, Seavic NV and Venture Investment have committed a total of $1 million to PBIX,449 words
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Article, Illustration232 1987-01-21 3 PETER HARRISON has been elected the chairman and managing director of Exxon Chemical Singapore Re Ltd. Mr Harrison takes over from R C GILLHAM, who has retired. Mr Harrison has been and continues to be Exxon Chemical's Paramis operations manager for Asia, based in Singapore. CHAN HENG-TOONG232 words
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360 1987-01-21 3 THE CONSTRUCTION Industry Development Board (CIDB) yesterday formally launched a scheme under which public sector skills can be tapped by the private sector to promote the export of construction services. The scheme, Attachment of Public Sector Professionals for the Exports of360 words
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459 1987-01-21 3 ANNA TEO - By ANNA TEO ITS EMPLOYEES have not been the only winners in the Port of Singapore Authority's productivity drive. The gains have also made it possible for the PSA to grant tariff concessions and rebates totalling $148 million to port users since October459 words
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252 1987-01-21 3 TO HAVE FUN is the key ingredient in General Electric (USA) Controls' (Getrol) productivity movement. And making sure that all staff "have fun" has resulted in a big jump in output too. The electronics company has been quietly expanding its line of consumer252 words
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Article72 1987-01-21 3 EVERGREAT CONSTRUCTION is one of five local companies in a consortium, High Tech Builders, which is bidding for the $330 million city portion of the Central Expressway (CTE) contract, said a company representative. He was clarifying a story in BT on Monday that Evergreat and a Japanese72 words
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Article54 1987-01-21 3 THE Singapore Armed Forces will be conducting military exercises at the Bed ok Jetty from 2 pm on Friday to 8 am on Saturday. The jetty area and carpark A will be closed to the public during this period. The SAF has advised that the public keep clear54 words
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323 1987-01-21 3 THE IMPROVEMENTS in Mobil Oil Singapore's operations last year are unlikely to be reflected in the group's bottom-line profits for 1986. This is because the sharp fall in crude oil and product prices in the middle of323 words
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Page 2 Advertisements
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Advertisement406 1987-01-21 2 Another ViMil from the ;rN American Research Corporation < vr i\ V > The American Research Corporation gave the world its first IBM compatible turbo computer. The ARC Turbo PC/XT. A brilliant product of American ingenuity and reliability that made a huge and lasting impact on the computer world. And406 words
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Advertisement23 1987-01-21 2 ORFtVRES A PARIS S T DUPONT DISTRIBUTION PTE LTD I NORTH BRIDGE ROAD. NO 07-01 TO 07-03 HIGH STREET CENTRE. SINGAPORE TEL *****5523 words
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Page 3 Advertisements
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Advertisement105 1987-01-21 3 WORLDWIDE EXPRESS® Prompt pick-up and delivery 24 hours a day Jk t S* *5 BOUTIQUE LANVIN Hyatt Regency Singapore. Scoffs RoaJ. Singapore 0922, Tel 235 4039 •Hilton International Hotel, 581 Orchard Road. #(*-04. Singapore 0923 Tel.- 734 4609 Business hours: Aion to Sat ioam-7pm, Sun nam-7pm And Lanvtn Corners at105 words
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OVERSEAS
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464 1987-01-21 4 State councillor highlights shortcomings Reuter CHINA'S senior foreign investment official. State Councillor Gu Mu, said the country's investment climate has serious drawbacks which it is working to overcome. But Western diplomats and bankers in Beijing said yesterday that China must open up the domestic marketReuter - 464 words
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Article92 1987-01-21 4 Reuter MORE THAN HALF of China s 130,000 computers were left idle last year because buyers did not know how to use or maintain them and because of bad aftersales service. The China Dally said yesterday that the State Council special group in charge ofReuter - 92 words
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159 1987-01-21 4 THOUSANDS of would-be Irish emigrants trying to flee from record unemployment have stuffed mailboxes with 80,000 special US visa applications, said postal officials in Dublin yesterday. "There's just nothing here for us," said a young couple sending in applications which they hoped159 words
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Article, Illustration396 1987-01-21 4 AP FOREIGNERS may have, in a way. already cast the deciding vote that will keep Paul Volcker in the job as the top central banker of the United States, a post he has held since 1979, some economists haveAP - 396 words
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Article203 1987-01-21 4 AP THE DECLINE of the US dollar and changes in the European finance structure could cause West Germany's central bank to cut its interest rates. Economics Minister Martin Bangemann, in an interview published yesterday with the Frankfurt Neue Presse newspaper, said the continued devaluation ofAP - 203 words
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Article202 1987-01-21 4 Reuter PERU, the sixth largest Latin American debtor, will soon unveil a debt repayment proposal that will favour creditors willing to accept remittances in Peruvian-made goods as well as cash. Prime Minister Luis Alva Castro said in a speech yesterday that creditors accepting this typeReuter - 202 words
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192 1987-01-21 4 Reuter A PLAN to distribute free food to the poor from the massive surpluses held in European Community (EC) stores was agreed' on yesterday by community farm ministers. An EC executive commission spokesman said that under the plan, running until March 31,Reuter - 192 words
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414 1987-01-21 4 UPI A POTENTIAL showdown between Opec and its customers over the cartel's decision to charge fixed prices for oil, beginning on Feb 1, has been temporarily averted. Petroleum Intelligence Weekly said on Monday that major oil companies have generally agreed to purchase OpecUPI - 414 words
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Article720 1987-01-21 4 ARRIVALS Operator Swvice number Local tinw From MAS MAS su CPA HA GU su Al SU UB THAI SU SAS MAS GU SU su CAL GU SU SU SU SU SU SU GU THAI KIM THAI CPA MAS MAS GU MAS Al SU SU GU ATIOT MAS720 words
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Page 4 Advertisements
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Advertisement100 1987-01-21 4 *VV- ■Mt/* v,-' v Sparkling good wishes for your favourite clients this Lunar New Year V A Select a Swarovski crystal figurine to symbolise your new year wishes the rabbit for abundant prosperity, the turtle for longevity, and the pineapple to a fruitful year? Authorised Dealers Crystaltera Gift Centre 339-4632100 words
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Advertisement66 1987-01-21 4 I f I I I The business person's chotce, every I I II \I I II II I Tuesday. Thursday, Saturday and I A f I I a 1 I \l Sunday. Leaving Changi Airport at I iV^/-L 22:05 hours and arriving at Heathrow at 06:45 hours the following morning.66 words
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Page 4 Miscellaneous
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Miscellaneous16 1987-01-21 4 Doonesbury SOME MORE PIECES OF TUB IRANSCAH PUZZLE EMERGEi w fr BY GARRY TRUDEAU f K >16 words
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Page 5 Advertisements
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Advertisement145 1987-01-21 5 REMY MARTI XO I' I < I A I. 'II M I- <■<>(, N A V 1Revolving Display Stand Free with every Lottie of vt Remy Martin XO Special. W /MARTIN )GNAC < «r RIMY IN wV/\ vx V%v \xv%> V N X^' UJf, Remy Martin <w Remy Martin XO145 words
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ADVERTISING & MARKETING
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Article, Illustration513 1987-01-21 6 MONICA GWEE - By MONICA GWEE THE RUMOUR MONGERS have been busy speculating on which agencies will be on the short list for the McDonald s account now up for grabs, just a day after the fast food leader resigned its account with DDB/Needham. The McDonald's business is513 words
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Lines
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Article45 1987-01-21 6 Adcom Grey files petition AGENCY Adcom Grey has filed a winding-up petition against client Peppermint Park Theatre Lounge Re Ltd. The petition concerns more than $200,000 owing to the agency over a period of time. Hearing in the High Court is scheduled for April 3.45 words
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Article45 1987-01-21 6 THE 51.5-MILLION CK Tang retail account will change hands from QuantumrFCß Advertising to Batey Ads effective Feb 1. Batey s presentation included "creative direction" for the departmental store. Tang's was voted "Store of the Year" in last year's Tourism Awards.45 words
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45 1987-01-21 6 ASSOCIATED LIQUOR Distributors (S) Re Ltd has added more names to its portfolio of leading brands. These include Cointreau, Louis Roederer (French champagne), German wine Furst von Metternich and Havana cigars from H Upmann Cigars, Romeo Julieta and Monte Cristo.45 words
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Article97 1987-01-21 6 JAMIE AITKEN, chairman and chief executive officer of Leo Burnett, Australia, will be retiring on Feb 2 after 16 years with the agency. The announcement was made by Henry J Feeley, chairman and CEO of Leo Burnett International. Chicago recently. Replacing Aitken will be Bruce Bullpitt,97 words
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Article, Illustration322 1987-01-21 6 IT WOULD appear there were few people who were very, very good last year. An American Express offer for the stunning BMW 325 i Cabriolet gift-wrapped and delivered for Christmas for an Amex downpayment of $4,000, found no322 words
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Article, Illustration654 1987-01-21 6 WHY TROUSERS? Because there was a hole in the market between very casual and very smart trousers for men who prefer to buy off-the-peg. "We think we can do a better product at a better price," said Andrew Koh, director654 words
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Article, Illustration309 1987-01-21 6 HERE'S a watch to keep you going until the year 2499. The Da Vinci chronograph has a mechanical calendar programmed for the next 513 years. "You need to be a little of a watch freak or a collector to fully appreciate this watch," said309 words
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Page 6 Advertisements
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Advertisement64 1987-01-21 6 A SCf JS i' -V *:*>. "%/K •j ./f IB 3 m 9 v jfegß <*** ki. ■v. V" *>> 1," V r w «s% X \ss <?2-*4 VMI Qtjanfr, 'Rem*. Ties tirz*~ 3(,450 Ss4?. benelli AVAILABLE AT THE BENELLI SHOP, 176 ORCHARD ROAD, #02-02 CENTREPOINT, SINGAPORE 0923. TEL: 734-523264 words
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WORLD BACKGROUND
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Article, Illustration857 1987-01-21 7 Reuter AFTER ALMOST 12 years of civil war, some of Lebanon's rank-and-file militiamen say they are tired of violence, low pay, bad food and rats as big as cats. "We want to secure our future," said Karim Youssef, 25, who lostReuter - 857 words
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Article879 1987-01-21 7 Fears that concessions to industry may backfire NYT WHILE preaching free trade, the Reagan administration has made protectionist concessions to a number of powerful domestic industries, from steel and lumber to semiconductors. But its piecemeal approach, aimed at slaking demand for trade restraints, might insteadNYT - 879 words
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Page 7 Advertisements
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Advertisement176 1987-01-21 7 m w* > 4 > B u t 6 ARDMORE fork reflects a rare appreciation of the very finest things in life. A luxury condominium that can only be described as lavish. For the exclusive pleasure of a privileged few Nestled amidst the picturesque beauty of mature Rain trees and176 words
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Advertisement243 1987-01-21 7 IJ PIN WRITER P 5 5 V'V asatirW ,w. x -s V. Recommended Retail Price $800 as» v.: X mas Offer extended from 15 Jan to 28 Feb 1987 by overwhelming demand! For purchase of e.l.f. personal printer at $200 Bring this coupon with proof of purchase of PSXLto NEC243 words
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FEATURES
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Article505 1987-01-21 8 FOREIGN EXCHANGE markets are going through another period of turbulence. What's new? Nothing. The gyrations in exchange rates are symptomatic of the imbalances in the world's major economies. They point to the seeming paralysis or lack of political will on the part of the major505 words
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Article, Illustration958 1987-01-21 8 STEVEN PAULSON - Investment in foreign countries creates resentment Japanese investments are becoming a major cause of friction in its relations with the United States. Some Americans are unhappy that the Japanese now own major landmarks in their big cities.. They dislike Japanese trade unionism and the Japanese wayAP - 958 words
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692 1987-01-21 8 ERIC RITTER - By ERIC RITTER UJPI AMONG South-east Asian countries, Thailand claims to be the main beneficiary of increased Japanese investment sparked off by the yen's appreciation. Thailand's low labour cost, medium-sized market, consistent economic growth and political stability made it one of the best places to investUJPI - 692 words
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Page 8 Advertisements
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Advertisement184 1987-01-21 8 Specialist Training for Business Communication Tailor-made for your company Whatever the professional expertise and abilities of your staff, your organization is not deriving maximum benefit unless they have appropriate communication skills. Specialist Training Communication skills can be learned. And the British Council's Business Communication Unit offers the specialist training which184 words
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Page 8 Miscellaneous
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Miscellaneous678 1987-01-21 8 CRYPTIC PUZZLE ACROSS 1 One invalid to keep away from (5) 6 They'll be more sheepish later (5) 9 Weather for the day shortly forthcoming (7) 10 It's eaten over-ripe! (5) 11 Has it a growing association with corporal punishment? (5) 12 Fight for the right to shout out? (5)678 words
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SPORTS
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Article, Illustration461 1987-01-21 9 WALTON MORAIS - Laver and Amritraj to give exhibition matches By WALTON MORAIS WHEN TWO GENTLEMEN of sport meet, it is an occasion for all sports fans to savour. Such will be the case when The Rocket meets Mr Nice Guy at the Singapore Badminton Hall461 words
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Article, Illustration192 1987-01-21 9 Reuter BERNHARD LANGER's second place finish in the Bob Hope Classic on Sunday has lifted him above Severiano Ballesteros into second place in the World Golf Rankings list issued on Monday by the Royal and Ancient Club. American Corey Pavin's victoryReuter - 192 words
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406 1987-01-21 9 AP UNSEEDED Australian Wally Masur scored a stunning fourthround victory over two-time Wimbledon champion Boris Becker yesterday to advance to the quarter-finals of the US$l.65 million Australian Open tennis championships at Kooyong. Masur, 23, ranked just 71st in the world, defused the teenage West German'sAP - 406 words
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Article, Illustration388 1987-01-21 9 AFP TYCOON Alan Bond, who won the America's Cup yachting trophy for Auatralia in 1983, was eliminated from the cup defence yesterday in a humiliating whitewash. Bond's yacht Australia IV was defeated 5-0 in the best-of-nine defender selection final byAFP - 388 words
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315 1987-01-21 9 FLORENCE CHONG - By FLORENCE CHONG THE Australian Breeders Cooperation Society (Abcos) in South Australia has launched a marketing campaign to secure sales of thoroughbred horses to the racing industry in Singapore. Following a successful introductory visit to Singapore in December, the Abcos invited members of315 words
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463 1987-01-21 9 AP USING the "it's just another game" approach, the New York Giants settled into their Super Bowl hotel on Sunday and quickly discovered that it most certainly isn't just another football game. Hordes of fans were waiting for the team and the playersAP - 463 words
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163 1987-01-21 9 AP GREG FOSTER'S time for the 60metre high hurdles in the Sunkist Invitational, at first announced as a world indoor record, will not be submitted for recognition because of a false start. Bob Hersh, the records chairman of the American Athletics Congress, said thatAP - 163 words
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Page 9 Advertisements
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Advertisement128 1987-01-21 9 and Seafood Dishes m *-z. *>K, iJijH vVsi J *> > Rest Manager Wang Ban Say nam V* l»lk ->V e:'M >'. i Steamed Omelette with Seafood Dragon City Sichuan Restaurant Dragon City Sichuan Restaurant is famous for its exquisite Sichuan food. Savour some of the marvellous dishes from our128 words
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Page 9 Miscellaneous
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Miscellaneous1091 1987-01-21 9 to cm aw a fn* -J f v f i *> a I *P .J t I* r: > 5 y A lavish USsl2m production sot in the Indian states of Rajasthan and Jaipur THE FAR PAVILIONS 9.30pm, Channel 5 It's based on M M Kaye's internationally successful novel, but1,091 words
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INTERNATIONAL STOCKS
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Article304 1987-01-21 10 FT PAUL CHANNON, the UK Trade and Industry Secretary, is being kept out of a major House of Commons debate on the economy and industry in spite of an opposition Labour Party attack referring to his decision last week not to refer the BTR bidFT - 304 words
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173 1987-01-21 10 Reuter CANAOA's securities industry faces a major influx of foreign financial institutions, including several giant US investment banks, when foreign ownership limits start to loosen on July 1. "Most of the major securities firms around the world will be taking a very close lookReuter - 173 words
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Article413 1987-01-21 10 Reuter THE WALL Street stock market closed above 2,100 points for the first time, led by a strong surge in technology shares. The Dow Jones Industrial average, up 25.87 points to 2,102.50, continued the uninterrupted string of New Year gains and matched a recordReuter - 413 words
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Article157 1987-01-21 10 JAM t9 C AbMM 29% unch A lean Alum 4354 Algoma 3D 10% Bank Nova Scotia 18% unch Bank 01 Montreal 36 BaM Canada. 38% Bp Raaourcaa 37% Braacan a A. 30% CampWLaka 31% 1% Canadian Imp Bank.. 21% Canpac 19% unch Calling O'Kaate 12% tnco 19 Int Prov157 words
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Article219 1987-01-21 10 JAN It HAND Yongaat True! Bfc Un Staal 866 140 59 •10 unch Wooitru 1560 25 A Alpha. Aborcom Aod 1300 320 1660 25 5 40 Angkw. Angvaal OS 7479 ***** 25 500 JST* 510 4960 -15 50 unch -60 unch unch Biyvooc Buffalo 2450 7900 -25 -75 Barlows219 words
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Article615 1987-01-21 10 A lean Alcoa.. Uumin >11 Allag Ir M sv Allladl Mo 431 Anted itoraa ft AHtoOialmara Am Brand! Inc Am Can Co f* MX >1* MM n -1 11 Am Cyanamk) Am Ewe Pwr i 56% +1 ft Am EipraN. Am Homo Proc Am Motor* Cp Amu Inc615 words
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Article812 1987-01-21 10 Amsterdam JAN It PLS abn 510.00 •15 86 00 Ahotd 107 10 •1.9 141.00 •2.3 AlrenU 141.30 +0.1 AMEV Amro Bank Am Stad Tsao MOO 129 50 -0 7 •2 0 3 Barkal 17.00 -0 3 BOLS 183 00 .4 Bor»umi| Buahrman Tatt Calva 145 •rod* 56 70812 words
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Article81 1987-01-21 10 Reuter GOODYEAR Tire and Rubber Co got about 00 million of its own shares in response to its tender offer for 40 million shares at US$5O each that expired on Friday. it expects to sell its Celeron Corp Oil and Natural Gas unit for overReuter - 81 words
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Page 10 Advertisements
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Advertisement486 1987-01-21 10 ti)^ ESS m Wi*et* to wim, diae aai «aMii w ir.? /savourthe\ /'Manhattan Splendour' *«¥> A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a486 words
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Advertisement123 1987-01-21 10 London Hocks on Pago 18 fj And now, for your great pleasure, may we present our clever combination of culinaiy craft and calisthenic capabilities, the incomparable Long Jiang Sichuan Prawn Roll. Send one tumbling through a succulent sauce. Sensational. Come for limch or dinner anyday. I(j CR§wn 9 WC HDTH.123 words
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ASIAN STOCKS
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Article317 1987-01-21 11 HONGKONG: Share prices closed lower in heavy and erratic trading yesterday but bargain hunting helped lift the market from its lows. The Hang Seng Index finished the day 10.58 lower at 2,449.88 after falling behind by 83 points at midday. The Hong Kong Index dipped 8.50 points to 1,560.21.317 words
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Article225 1987-01-21 11 JAN NT fKoMn 27 40 -01 All Sincere Iwdw 2 49 -0.13 unch unci) Kuochan Oav Laa Chang Yuan Cham Indua 24.70 31.80 unch -0.1 Cathay Corn 37 30 Uan Hwa Indua Nan Ya Piaa 22.10 36 60 0.4 -0.2 30 00 i02 Pacific Cona 24 50 -03 Chia225 words
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Article433 1987-01-21 11 TOKYO: Expectations of a cut in Japan's three per cent discount rate and Wall Street's rally propelled the Tokyo market average to its third straight record closing high yesterday. The index ended up 28.20 at 19,216.88, surpassing Monday's record high of 19,188.68. The average also set a record intraday433 words
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Article101 1987-01-21 11 JAN 20 WON Kal 1061 37 ***** 2600 +100 1925 53 450 -f 30 4010 200 801 26 Korea Long Term 1785 -21 1220 35 1500 24 Daiahln Securities 6000 9200 -*-300 -f 200 Oriental Brewery Oriental Cham 1380 ***** unch -200 Dong Suh Stock ***** 2100 -*-800 -•-100101 words
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Article418 1987-01-21 11 SYDNEY: Australian share markets closed higher yesterday, pushed up by renewed interest in industrial stocks and continued support for gold and resource issues. An improved December current account deficit figure, which narrowed to AS64B million in December from an upwardly revised $894 million in November, reversed pre-viously-nervous sentiment in418 words
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Article149 1987-01-21 11 Reuter BANGKOK: The Stock Exchange of Thailand Index declined by 2.16 to 209.03. Turnover totalled 1,052,501 shares valued at 109.5 million baht. JAN 20 BAHT Ao Kham Thai 185 Ayudhya Invastmant 242 Bangkok Agro-lnd 74 10 -4 -3 S»am Camant Siam City Camant Siam Commarcial 819 668 soo •30Reuter - 149 words
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Article83 1987-01-21 11 JAN 20 KIM +b Mtf lltil ***** unch Oriental B Acot* Mining Phil OvtrtMt 0046 unch Phllex B 0 40 -4)01 Anglo Phil 0 003 unch PtcopB PLOT 277 50 -5 Baguio Gold Basic Petroleum Benguet Con B First Phil Hldgs Lepanto B Marcopper 0012 106 950 0.17 unch83 words
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Article90 1987-01-21 11 Reuter AIR INDIA is raising US$BO million in the form of a 10-year loan with 100 per cent Japanese tax-sparing, lead manager Yasuda Trust and Banking Co Ltd said. The loan, which has a five-year grace period, bears interest at London interbank offered rate flat.Reuter - 90 words
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340 1987-01-21 11 Reuter BOND CORP Holdings Ltd is to acquire Kerry Packer's private Consolidated Press Holdings Ltd group's television and broadcasting interests for just over Asl billion. The purchase involves 25 companies and includes the nine network television stations in Sydney and Melbourne along withReuter - 340 words
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130 1987-01-21 11 FT TOSHIBA, the Japanese electronics group, is starting large-volume European assembly of the latest generation of highpowered semiconductor memory products such as those used in a wide range of domestic and other equipment. Production of one megabit chips, semiconductors with four times the power ofFT - 130 words
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Article103 1987-01-21 11 Reuter FIRST PACIFIC International of Hongkong said two of its Philippine affiliates bought "substantially all" of the Metro Drug group of companies. The purchase price was 425 million pesos plus 140 million pesos paid to specific Metro shareholders for patent, trademark and related rights, representing a premiumReuter - 103 words
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Page 11 Advertisements
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Advertisement84 1987-01-21 11 m smm (i i A TFJBUTE TO DANCE Every Wednesday and Friday, Club 5 pays tribute to dance from traditional to modern choreographed and performed by professional dancers. Each performance is a visual treat in itsetf. Starting 8.15 pm every Wednesday and Friday throughout January. Enjoy 25% discount on drinks84 words
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Advertisement127 1987-01-21 11 1 1 j ■0 te*: >-'i' 1 Your evening begins... .at the Fountain Lounge The popular meeting place to unwind before dinner with a cocktail and friends. Musical entertainment from 5 pm. Happy Hours from 5 to 8 pm daily. Enjoy one drink free with every one ordered; while bottle127 words
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Advertisement184 1987-01-21 11 Discover a whole new experience 3 TAKE FIVE *X c I s* Relax over the finest drinks Savour the most tender juicy succulent steaks Enjoy stunning performances by top local international artistes Business Hours Mori Thur: 12pm to lam Fri. Sat Eve of Public Holidays 12pm to 2am Open daily184 words
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Advertisement124 1987-01-21 11 Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus show at $10.50124 words
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Advertisement239 1987-01-21 11 CAN YOU BEAT THISB! $19.20 We *8 ALSO APPEARING AFTER 8 PM: Lively DJs, GYPSY PAUL CHEONG for your ontertainmenL #04-05 Tanglin Shopping Centre 19 Tanglin Road, Singapore 1024 TEL: *****1 *Ll I* :'>'*' VhTMCTIOMS *%*<■ A popular show band from the Philippines m 7 r. N M Singapore s239 words
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BANKING AND FINANCE
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Article, Illustration307 1987-01-21 12 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent SENIOR EXECUTIVES of Over-sea-Chinese Banking Corporation have assumed new titles following a streamlining of the bank's system of corporate ranking to provide greater flexibility in staff administration. Under the US-style organisational set-up, the three general managers of the307 words
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542 1987-01-21 12 Reuter HONGKONG'S government, which has pushed interest rates to their lowest levels in 10 years to ease upward pressure on the local currency, may have to take tougher measures if heavy speculation persists. Bankers and economists said the government hasReuter - 542 words
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192 1987-01-21 12 Reuter BANKERS in New York are redoubling their efforts to round up the rest of a US$6 billion loan for Mexico amid worries that small banks will refuse to join in because of a trend among larger banks to write off theirReuter - 192 words
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Article736 1987-01-21 12 SINGAPORE: The US dollar closed firmer against most major currencies yesterday but was below the day's highs, after a day of active trading. Dealers said that the dollar firmed in the morning on short covering and speculative buying prompted by news that Japan's Finance Minister Kiichi Miyazawa will736 words
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Article, Illustration128 1987-01-21 12 THE OVERNIGHT rate on the Singapore interbank market closed at 1 3/4 per cent yesterday, down one point from Monday. The term rates rose 1/8 point across the board to 3 7/16 per cent. Indlcf» Vm ntngiollw prim* loading rates of 12 ata|or bonks In Singapore S$ Interbank128 words
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Article552 1987-01-21 12 BA Futures MARCH Eurodollars opened at 94.07, up 3 ticks from the previous close. Prices continued to edge higher to 94.10 before meeting technical resistance. The March Eurodollar finally closed at 94.07, up 3 ticks. Treasury-bonds futures also opened on a bullish tone. March opened 28 ticks higher atBA Futures - 552 words
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Article219 1987-01-21 12 Interbank rates at 3pm yesterday: M ornm araM*** Local dottors to ana wnM of 1 (oftigr currtncyi US Mar 2 1340 2.1370 ***** -24J4 SiwfcO poind f 7^>fr ***** 7.3469 5562 141*3 ***** 142*6 HZ Mot 1.1513 1.1339 142*6 -6*42 COTodto doftor 1J700 1.5713 ***** •54.10 Local dolors219 words
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Article170 1987-01-21 12 ASIAN DOLLAR deposit rates closed steady at opening levels yesterday. Asian dollar CD rates were unchanged from the morning's levels. One and three months closed at 6.15/05 per cent each and six months at 6.10/6.00 per cent us$ Offw Bid 7 day* 6 1/4 6 1/t 1170 words
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Article323 1987-01-21 12 HONGKONG: Gold yesterday closed weaker near the day's low in fairly active trading on accelerated late selling. Dealers said that the strength of the dollar dampened interest in gold while technical resistance also prompted traders to liquidate their positions. Sentiment has turned slightly bearish and dealers expect gold323 words
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Page 12 Advertisements
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Advertisement143 1987-01-21 12 21 January 1987 SINGAPORE NATIONAL PRINTERS LTD (Incorporated in the Republic of Singapore) Invitation 7,000,000 Ordinary Shares of 550.50 each Issue Price Ssl.oo per Share Listing SESDAQ Applications for Shares may only be made on Application Forms referred to in the Prospectus. The Application Forms and Prospectus are available from143 words
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Advertisement168 1987-01-21 12 NOTICE FOCK HUA SHING (PRIVATE) LIMITED (incorporated in the RepuMc of Singapore) On Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap.lBs the Final Meeting of member* of the Comperry will be heM on Mondey 23rd February, 1987 at168 words
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SHARE INFORMATION
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Article, Illustration4189 1987-01-21 13 PROFIT-TAKING caused the Singapore stock market to fall sharply in active trading yesterday, with prices easing by the hour across the board. The widely-watched Straits Times Industrial Index shed 8.24 points to close at 940.11 while the BT Composite Index fell 910 points4,189 words
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Article268 1987-01-21 13 SINGAPORE Rises Indices ion 19 Jon 20 Rahman Hj '4 200 10 IT Camps •ft* 643.66 134.56 '■CI 50* 55 9 •T MM ■r *****1*0 *****960 <J»i T*Ch 175 S •T 06/0S 303 134 Partta Plant 410 4 IT CADI -6777 -6077 Amol SM 50* 134 ■♦■4268 words
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Article3751 1987-01-21 13 810 and offer prices officially listed and business in and re ported to the Stock Exchange ot Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word3,751 words
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Page 13 Advertisements
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Advertisement20 1987-01-21 13 KL market report, Business dons on ths KLSE, Page 14 M onagers ust anage BT shows you how every Monday.20 words
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COMPANY NEWS
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Article, Illustration405 1987-01-21 14 THE EIGHT-MAN board of Sri Hartamas Corp has been reduced to half following the resignations of four directors, two of whom are controlling shareholders of the property group. They are Datuk Syed Kechik bin Syed Mohamed, who was vicechairman of the company and Datuk Wong405 words
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Article2568 1987-01-21 14 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Alcom (766 7751 1101 76 AiSB 1575) (I) 582,568 words
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Article146 1987-01-21 14 BATU KAWAN Berhad: 22nd AGM at Wisma Taiko, 1, Jalan S P Seenivasagam, Ipoh, Perak, Malaysia, on Friday, Jan 23, at 12.30pm. BOUSTEADCO SINGAPORE Limited: EGM at 20 Collyer Quay, #16-00 Tung Centre, Singapore 0104. on Monday, Jan 26, at 9am. CYCLE A CARRIAGE Limited: 18th AGM at146 words
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Article239 1987-01-21 14 Managers' prices MARA-Bumiputra for Jan 21 First B'putra 550 554 Second B'putra 4.95 500 Singapore Unit Trust Ttwrd B'putro Fourth B'putro 3 m 4.45 394 4 50 Th* Com—rc» 073 100 Fihh B'putro 286 293 Th* Sovmgs Fund O SS Ml Siirth B'putro 1% 301 S'por* Prog Fund239 words
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300 1987-01-21 14 THE RALLY on the Kuala Lumpur stock market suffered a setback yesterday as profit-takers invaded the trading floor, bringing share prices to an easier close across the board. Even the current favourites plantations were not spared the onslaught and many recent gainers lost300 words
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Article110 1987-01-21 14 HONGKONG Hongkong Indox Tuesdoy *****1 Monday *****1 Week ago 1657 91 Hang Song Indox Tuesdoy 2449.86 Monday *****6 Week 090 2590 83 AH Industrials Tuesday 2401.6 Monday 2396.0 Week 090 2480 2 NEW YORK Dow Jonos Monday *****0* Friday *****3 Week ago 2009 42 TOKYO Standard Poors Nikkoi110 words
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RAW MATERIALS
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Article89 1987-01-21 14 OIL PRODUCTS IN THE FAR EAST petroleum products market, naphtha continued its downward slide as short-term supplies outstripped demand. Gasoil and fuel oil prices rose on regional demand and firmer European levels. Closing prices for crude (FOB origin) US$/barrel Change Dubai (Feb) 17.30 unch WTI, West Texas Intermediate, (Feb) 18.7389 words
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Article65 1987-01-21 14 Bangkok Broken Rice (US$/tonne, FOB) A-l Super A-1 Special 118 115 White Rice C-l Special unq unq '00% 1st clou 245 C-1 Ord 100% 2nd don 210 Loonzain Rice >00% 3rd dots 205 100% lit grade unq 5% 195 190 100% 2nd grade 205 10% 100% 3rd grade wiq65 words
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Article181 1987-01-21 14 CRUDE PALM OIL prices closed weaker yesterday on further profit-taking and short selling after recent firmness, in sympathy with the fall in palm oil futures. The market was steady initially, supported by a shortfall in palm oil output and firmer overnight Chicago soyoil futures. Jan south fell Ms2o181 words
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Article123 1987-01-21 14 FOLLOW-THROUGH overseas demand yesterday pushed the price of tin on the Kuala Lumpur tin market up six cents to doae at M 517.30 per kilo. Brisk activity was evident at an early M 517.24 level with about 167 tonnes bid, but the tonnage declined as123 words
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Article260 1987-01-21 14 SINGAPORE The market closed lower yesterday with Feb 1 RSS buyers quoted at 192.00 cents/kilo, down 2.00 cents from Monday. The morning session lost 2.50 cents on some long liquidation and stoploss selling in quiet trading. Small buying interest pared the loss slightly in thin afternoon trading. On the260 words
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Article139 1987-01-21 14 Chinese Produce RoWa 20/25% Exchange FOB NSW 410.00 Sellers' noon doting pr Jon 20 (SS/100 kg). leu on Nutmeg 110 FOB NSW 1422.00 Coconut oil BWP FOB NSW 1322.00 Bulk FOB 86.00 Gambier Old drum FOB 96.00 New drum FOB 100.00 FOB NSW 330.00 Copra London Commodity Mixed139 words
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Article80 1987-01-21 14 WHEAT FUTURES on the Chicago Board of Trade closed 1-1/4 to 2-1/2 US cents a bushel lower on Monday except for near March which settled unchanged at USS2.B2-3/4. The market was fairly thin. Corn futures closed mixed, up 2-1/2 cents a bushel in near months to down 1-1/4 in80 words
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Article314 1987-01-21 14 RAS prices In 8 OMMg, FOB In bata NOON CLOSE Buyers Sdtori Buyers Sellers Int 1 RSS Prompt 194.00 195.00N 192.00 193.00N Int 1 RSS Feb 87 194.00 195.00 192.00 193.00 Int 1 RSS March 191 JO 192.00 189 JO 190.00 Int 2 RSS OP 185.00 187.00N314 words
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Article80 1987-01-21 14 (e*nn/kg, 1 -for poltan) FEB 87 MAR 87 (currant month) (forward month) NOON NOON RAS Ivy an S*ll«n lwy*n SS* 30 179.00 181.00N 180.00 182.00N SSt 50 177.00 179.00N 178.00 180.00N MRELB ky»n S*ll*n s^ SMI CV 299.00 291.00N 290.00 292.00N SM* I 289.00 291.00N 290.00 292.00N80 words
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Article510 1987-01-21 14 COFFEE Robusta futures closed the afternoon call on Monday £30 to £2 per tonne lower after a sluggish session, in spite of firmer New York prices. Second position March closed £15 down at £1,545, in the middle of the day's range. A quiet physical coffee market, featured only510 words
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Article33 1987-01-21 14 SOYBEAN FUTURES in Chicago closed 1/2 to two cents a bushel higher on Monday. Spot January settled 1-1/4 cents up at U554.99. Soyoil futures closed 0.10 to 0.40 cent a lb up-33 words
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Page 14 Advertisements
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Advertisement37 1987-01-21 14 ATTENTION! Bankers, Lawyers, Auditors and Accountants. Problem with your old Documents? We sale keep them in our lockahle steel boxes for long storage. Document Safekeeping Services Pte Ltd No. 1 Jatan Remap Room 601 Singapore 2366. machine)37 words
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Advertisement277 1987-01-21 14 NOTICES F OFFICIAL NOTICE PROPOSAL TO CHANGE OP SHIP'S NAME We PROSPERITY FIVE ENTERPRISE PTE LTD of 7500 A Beach Rd #11-303 THE PLAZA S'PORE 0719 hereby give notice that in consequence of OUR PURCHASE OF the below mentioned vessels We have applied to the Registrar of Singapore Ships; under277 words
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COMPANY NEWS
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474 1987-01-21 15 ALLAN NG POH MENG, the newly appointed chairman of Sealion Hotels Ltd. is believed to be one Of the parties negotiating for the purchase of the stock exchange seat held by stockbroking firm EG Tan Co, which is now under liquidation. Mr474 words
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156 1987-01-21 15 WITH THE upbeat mood surrounding the debut of Singapore National Printers on Sesdaq in the middle of next month, a total of 19 stockbroking firms and merchant banks have registered as market-makers. To trade on Sesdaq an investor must have a securities account with the156 words
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Article862 1987-01-21 15 LONDON equities were higher in early trading yesterday, responding to Monday s turnaround on Wall Street which led stocks there to record territory after initial weakness. At 11.00 am, the FT 30 Index was up 9.7 points to 1,406.7 while the FTSE 100 Index gained 10.2 points to862 words
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Article630 1987-01-21 15 AMY BALAN - By AMY BALAN SEVEN Netherlands-based investment companies, claiming to be stockbroking firms in order to solicit funds from this part of the world including Singapore and Malaysia, have been declared bankrupt. First Commerce Securities, the most prolific and aggressive solicitor of funds from individual investors630 words
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Article, Illustration660 1987-01-21 15 LISA LEE - By LISA LEE SINGAPORE NATIONAL Printers is confident of its future prospects in spite of a downturn in its profitability over the last two years. Directors have forecast a 26 per cent growth in turnover to $24 million and a 41 per cent jump in pre-tax660 words
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Page 15 Advertisements
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Advertisement222 1987-01-21 15 SYNDICATIONS DRESDNER (SOUTH EAST ASIA) LIMITED is the merchant banking subsidiary of West Germany's second largest banking group and has been one of the foremost merchant banks in Singapore for over 12 years. Applications are invited from mature individuals with experience in syndications of loans and capital market issues for222 words
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Advertisement310 1987-01-21 15 Save Time and Money When You're Buying or Renting with the... Selling, buying or renting real estate is a big and important financial transaction. Equally important, after buying or renting, is obtaining the necessary products and services for the improvement of the real estate. This is why Singapore's first and310 words
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Article97 1987-01-21 16 AFP THE INDONESIAN government has raised all public transport passenger fares by 15 per cent to 30 per cent following last September's devaluation. The price rises, announced by Transport Minister Rusmin Nuryadin, cover fares for city and inter-city buses, taxis, ferries. trains and air transport. TheAFP - 97 words
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312 1987-01-21 16 LUCY NG - By LUCY NG THE BRUNEI High Court yesterday set aside writs filed by the closed National Bank of Brunei (NBB) claiming more then $700 million from five Khoo Teck Puat-related companies in the Sultanate. The chief registrar of the High Court,312 words
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635 1987-01-21 16 CONFLICTING EVIDENCE on the two allegations of bribery which drove former National Development Minister Teh Cheang Wan to suicide was heard in the Coroner s Court yesterday. The late Mr Teh, in letters to the Prime Minister and to the Corrupt Practices Investigation635 words
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420 1987-01-21 16 ALVIN TAY - I By ALVIN TAY HOCK TAT Development (Pie) Lid, one of the companies from which the late Teh Cheang Wan is alleged to have accepted a bribe, is to be wound up voluntarily on March 9, according to Registry of Companies records. The420 words
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441 1987-01-21 16 Reuter THE US DOLLAR yesterday won a temporary respite from its recent battering on foreign exchange markets as Japan's Finance Minister prepared to leave for top-level talks in Washington on currency stability, Tokyo dealers said. Finance Minister Kiichi Miyazawa said he would meetReuter - 441 words
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180 1987-01-21 16 THE US dollar regained lost ground on the Singapore foreign exchange market yesterday, closing firmer against the local dollar and major currencies. In a day of active trading, the US greenback opened firm against the Singapore currency at 2.1320, up from Monday180 words
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Article90 1987-01-21 16 AP CHINA issued provisions yesterday allowing foreign-owned productive enterprises to export Chinese products to make up for shortages of foreign exchange. The provisions allow businesses "in temporary difficulty" to buy only the amount of Chinese goods needed to earn foreign exchange for production and operation costsAP - 90 words
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Article69 1987-01-21 16 Reuter INDONESIA yesterday urged national and foreign businessmen to play a bigger role in the economy and promised not to impose controls on foreign currency. National Development Planning Minister Johannes Sumarlin said the government counted on the private sector to be the engine of economicReuter - 69 words
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LATE FILE
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Article40 1987-01-21 16 Bernama MALAYSIA will encourageforeign investors to turn their attention to the northern states of Peninsular Malaysia to step up the development of the manufacturing sector in these areas, Deputy Prime Minister Ghafar Baba said yesterday. BernamaBernama - 40 words
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Article39 1987-01-21 16 Reuter FOREIGN investment in Taiwan rose by about 10 per cent to a record US$77O million in 1986. An Economic Ministry official yesterday attributed the increase to higher investment from Japan and Europe. ReuterReuter - 39 words
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Article43 1987-01-21 16 AFP FIVE members of the Association of Tin Producing Countries yesterday began a three-day meeting to reach agreement on individual tin export quotas for 1987. Malaysia, Thailand. Indonesia, Australia and Bolivia are attending the meeting in Kuala Lumpur. AFPAFP - 43 words
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Article29 1987-01-21 16 AP THREE fires broke out overnight at Kuwait's southern oil sites but were extinguished within two hours, the Kuwait News Agency said yesterday.AP - 29 words
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Page 16 Advertisements
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Advertisement36 1987-01-21 16 Drive Business Class with Ken-Air's all newl9B7models. s 5i 'i TOYOTA CRESSIDA GL NISSAN LAURELC 4 Available for long term and short term rental KEFMIR SUPERCARS Te1:*****81 35 Selegir Road. *09-24 Parklanr Shopping Mall. Smgapnrr 07IH.36 words
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Advertisement59 1987-01-21 16 Leader, Page 8 Leader, Pag* 8 NOW ON SALE THE INTERNATIONAL NEWSMAGAZINE Jan 26 issue 't 11- .»<*>• A \-v> V\\V m. '■tK0E A* K v MLsT W v c fi i'Y^ V vv *7 r <F«i .s 4 ■Hu Yaobang's removal—and its implications for China. America flexes protectionist muscles:59 words
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Page 16 Miscellaneous
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Miscellaneous52 1987-01-21 16 Outlook: Showors ovor a tow •hm In tha din noon Roport tor 24 hours prior to 7.90pm on Jan 20 at tha airport Maximum tomporatura 31.0 Aaaodatod humidity 68 Minimum tomporatura 24.8 Aaaodatod humidity 89 Hours of sunshlna 6.40 Rainfall In mlllimotros nil Rainfall this month 428.0 Rainy days this52 words
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SHIPPING TIMES
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130 1987-01-21 17 Seatrade Week ALLEGED breaches of the South Korean government's cargo waiver system by Sanko Line have led to strong protests from Hyundai Merchant Marine and Pan Ocean Shipping. It is alleged that a Sanko Line vessel re-entered a South Korean port early thisSeatrade Week - 130 words
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351 1987-01-21 17 JUNE LIM - By JUNE LIM NEPTUNE ORIENT Lines has entered into an agreement with a Japanese yard to build two more 40,000-dwt product carriers. The deal with Hasihama Zosen KK comes just a few months after the national line reached an accord with351 words
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233 1987-01-21 17 Reuter MOORE McCORMACK Resources Inc has agreed to sell the company's shipping operations to its chairman, James R Barker. In connection with the transaction, Moore McCormack said, Mr Barker has resigned as chief executive officer and, upon completion of the sale, will resignReuter - 233 words
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228 1987-01-21 17 Opecna DISUSED OIL RIGS in the British sector of the North Sea could cost about US$9 billion to dismantle. The international conference in London on a "clean seabed" policy over the weekend also heard that Britain would be requiredOpecna - 228 words
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PORT SIDES
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Article76 1987-01-21 17 AFP A SHIPPING service linking the long-disused Egyptian port of Safaga with Jeddah in Saudi Arabia was inaugurated on Sunday. A ship bringing 216 passengers from Jeddah was the first to dock, ending 13 years of virtual idleness for Safaga, 495 kms southeast of Cairo. Safaga isAFP - 76 words
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Article94 1987-01-21 17 Reuter SHIPPING conferences covering the trade between Europe and the Far East said the currency adjustment factor (CAF) for Scandinavia will alter to 10 per cent from 6 per cent, and adjusted to take account of the European area differential, giving a final CAF of 11.90Reuter - 94 words
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655 1987-01-21 18 NYT IRANIAN WARSHIPS are using Italian-made sea killer missiles in night attacks for the first time in the Persian Gulf, according to United States intelligence officials. The sources said missiles carried by Iranian frigates based at Bandar Abbas near the Strait ofNYT - 655 words
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Article140 1987-01-21 18 Reuter THE AUSTRALIAN navy will build eight new frigates at a cost of A 53.5 billion to increase its strength in the South Pacific. Australian Defence Minister Kim Beazley announced. The government will invite companies around the world to submit designs for the newReuter - 140 words
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233 1987-01-21 18 DEVELOPMENTS in the container industry has prompted the American Bureau of Shipping to publish a revised edition of the rules for certification of cargo container. The 1967 edition includes a programme for the certification of chassis, the skeletal semi-trailers used for transporting containers on233 words
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Article980 1987-01-21 18 AB Shpg V 5 Accord Shpg VI 3 Ahrenkiel liner X 1 Alltrans VII 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines X 4 Atlas line X 3 ANl 1 1/2 A PC line V 4 API III 2/3 ASCI III 1 Balt-Canoda line980 words
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Article1744 1987-01-21 18 FIRMER rates were reported on Monday on the London shipping freights market for a number of fixtures in grain and other cargoes, continuing the trend of the past couple of weeks An active grain sector featured the US$B (fio) paid by Zennoh for 52.000 tons from the US1,744 words
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127 1987-01-21 19 Reuter THE BACKLOG of foreign shipbuilding orders held by Japanese yards fell to a seven-year-low at end December when it totalled 4.06 million gross tons for 184 ships, the Japan Ship Exporters Association said. The end-December backlog compared with 5.19 million gross tons forReuter - 127 words
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267 1987-01-21 19 Lloyd's List ATLANTIC Container Line is undertaking a major restructure ing of its rapidly expanding US operations. In what is seen as recognition of the growing importance of non-shipping interests to the roll-on/roll-of container ship operator, a new company called ACL Inc has beenLloyd's List - 267 words
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286 1987-01-21 19 Seatrade Week EARNINGS forecast for American President Lines have been revised upward since United States Lines filed for Chapter XI and the transferred its 12 econships into lay-up. A new report by securities house Salomon Broe said the move by USL should provide APL withSeatrade Week - 286 words
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Article502 1987-01-21 19 AFP A SIGNIFICANT improvement in rate levels was seen on several major grain routes during the past week, reflecting a build-up in demand for Panamax tonnage particularly out of the US Gulf grain loading area. These vsssels (50,*****,000 tonners capable of navigating the Panama Canal) wers also ableAFP - 502 words
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Article156 1987-01-21 19 HONGKONG INTERNATIONAL Terminals handled a recordbreaking of 1.113,000 TEUs last year. Since the HIT group, a member of the Hutchison Whampoa group of companies, began operations in 1968. it has handled more than eight million TEUS. In his announcement'Mr John Meredith, HIT'S managing director, said:156 words
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5180 1987-01-21 24 AAJMUB Ming Enargy, Yang Ming. Jan 22 Evar Qrac, Evargraan. Jan 23 Villa D'Uranua. Compagnla Marltlma D'Affretement, Jan 25 B Parmai, ScanOutcht. Jan 28 Ever Qreet Evargraan, Jan 28 Arthur Maartk Maarak Llna. Jan 28 ABU DNASt Uni-Fortuna, Untglory Una. Jan 27.5,180 words
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Article1047 1987-01-21 24 AT CONVENTIONAL WHARVES V«ml lull Antral Otpcrtire am. WHARVES AHooo-i Kit otoflQMte 21 £1/1500 Ho«g*w. K» olo«g.KJ« 2401/2300 Rohan® K2I olongodo 2401/2300 Koto to«u 130 aKxgvd. 2401*1600 Kola Tl«ur K9 atongwta 2101/0600 U OS olongMi 2301/1300 I* 9o*ofioe 3 Kit oiongada 2101/1300 Moieon*o KIS alongwJ. 2101/2300 S1,047 words
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Page 17 Advertisements
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Advertisement658 1987-01-21 17 Mammoth Hunters Jean M. Auel L_J CORONET BOOKS Available at all Good Bookshops ©FEDERAL PUBLICATIONS 2 Ju'cxxj Port Road Sngaptxe 2261 Te< *****55 ?UUtiotlt OOCL .•Hi. MTTMS AGENCCS (Rtf lb. *****4/ 00K) \l| 11/ 200 Cantonment Road #1205 Soutttpo.nl Smfapo rt 0208 ruina Tel *****11 TELEX NO RS ***** terminal658 words
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Advertisement64 1987-01-21 17 WEE IRANIAN WARSHIPS are using Italian-made sea killer missiles in night attacks for the first time in the Persian Gulf, according to United States intelligence officials. Pag« II ATLANTIC Container Line is undertaking a major restructuring of its rapidly expanding US operations. Page 111 Index to advertisers II Shipping schedules64 words
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Advertisement1195 1987-01-21 17 A WOMAN Or POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OF SUBSTANCE v *But what is the price she has paid? if ML Available at all good bookshops MAERSK LINE EAST AFRICA ggjffi FAST TRANSIT SINGAPORE-DAR ES SALAAM 18 DAYS SINGAPORE-MOMBASA 20 DAYS (ALSO ACCEPTING1,195 words
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Page 18 Advertisements
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Advertisement558 1987-01-21 18 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT RE6OLAX CONTAINER SERVICE FAI EAST TO MEBITEBRANEAN ANI EUROPE ALSO ARABIAN O«LF AND INRIAN SOB CONTINENT VESSELS vor VIA FEEDER n. SPORE HAMBURG FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE VILLI DE NERCURE VILLE O'URANUS VILLE OE PLUTON wnw m an w m an w558 words
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Advertisement405 1987-01-21 18 EUROPE/FAR EAST CONVENTIONAL SERVICE TEL- 03-*****50 MALAYSIA SON. BHO. TLX: ***** MTM Frt Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement. Sinppore Agent Goodrich Maritime Pte Ltd Tel: *****35 Tlx: RS ***** GRMSIN r< Supercarrier Service PANAMA US WC/EC/GULF E. CANADA C nrrrrm wl405 words
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Page 19 Advertisements
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Advertisement914 1987-01-21 19 NOTICE SARAN. BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/RULF OF ADEN AND RED OEA PORTS CONFERENCE NOTICE TO SHIPPERS/RECEIVERS CURRENCY ADJUSTMENT FACTOR A review of the latest currency values in January, 1987 has resulted in a radical upward adjustment of the Currency Adjustment Factor from Malaysia and Singapore. The above914 words
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Advertisement198 1987-01-21 19 EXPRESS SERVICE TO CHILE (SSI m ARK GLORY M 0 UN GLORY 140 IV NOO a.? ZLt* CARGO FOR PUNTA ARENAS, TALCAHUANO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO >Agents I *****66 K. *****78 P. *****25/C/t, *****19. 3(***** ONLY APL OFFERS THROUGH SERVICE TO NEW DELHI With APL, shippers and198 words
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Advertisement288 1987-01-21 19 APPOINTMENT I 7TH Expanding dry cargo Owner/Charterer with vessels*, of 10,000/50,000 deadweight requires experienced Operations Manager. Based in Singapore, the successful applicant will be responsible for the day to day operations of the. j fleet including payment of hire, freight, port agency,- bunkering, claims, laytime, etc. The successful applicant will288 words
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Page 20 Advertisements
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Advertisement228 1987-01-21 20 COV~iNERSH!P SERVICE TO UK CONTINENT CONVENTIONAL SLMI CONTAINER SERVICE TO EUROPE rv Ufi W up CONVENTIONAL SEW CONTAINFR SERVICE TO MED rupopr HTMIH mi'wai'wk wk r CONTAINERSHIP SERVICE PROM UK CONTINENT MJ.KI TTO V 70 up up V 3 7/3 «n m up m mp 12/3 I*3 wWV w w228 words
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Advertisement561 1987-01-21 20 I J FULLY CONTAINERISED SERVICE TO f UROPI VIA SHE 1 S M-nhfr ol the «> Cnnsrwtiiini CHINA CONTi «CATOi i I ROM t 'IROPF VIA Silt/I a "f Ihr A e Co in m m w CONVENTIONAL SERVICE TO PERSIAN GULE INDON S'PORE LOADING FOR HAISBON 31 liyi 26/1561 words
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Advertisement145 1987-01-21 20 Sun Hup Co (Ptc) Ltd ari 'f 1 .'.''ll 111. l I, x 1)1, .»<>♦.! H\ .'Ut■■■*? ft- I \M I K\ \|< I I\l K I II > STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loadinf at appropriated Bortti P4-PS NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN ft145 words
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Advertisement632 1987-01-21 20 EVERGREEN full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVU MACE EVU UMUN6 evu qreet EVU QLOK evu urn EVU GRANO a» on HI up an 10 up m w up w an w ap m ap 11 rimr HUM I KM CM irrc ML NM FIX M M MM- If632 words
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Page 21 Advertisements
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Advertisement434 1987-01-21 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE trn i in i«i TCH TAICHUNQ (HOKKAMO) *MTC HITACHI INDONESIA CONTAINER SERVICE 8M NY MM SM N.W tLO MFT M/ 1 M/ 1 *7/1 aa/i nn M/ 1 M/ 1 >1/1 vj434 words
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Advertisement368 1987-01-21 21 u TAVO INTERNATIONAL PTE LTD 111 ??4ifc?S 11 lmM| ll* MS '»Slot TAVOIN PCKAN BARU/OUMAI/SATAM/BELA WAN WEEKLY VESSEL ETA ETD DESTINATION PERAWANG SATU 200 22/1 BEUWAN/CWAOING KOREA HORIZON 27/1 30fl BONTANG/lANJARM KOREA HORIZON 27/1 30/1 BONTAM/lANJARMASIN/ SAMARINDA DNR DATA 24/1 25/1 PEKANIARU/DUMAI SARI SAMUOERA W 20a J AMI A VESSEL368 words
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Advertisement467 1987-01-21 21 1 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT W W as off ap «2 S VJ V- 7/3 M 5 Dp US 22 5 Hi W u an w»W w I J 7I M M 1W I*4 IV4 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT rtuvw roM navre stoh pklaks-pone roa467 words
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Advertisement344 1987-01-21 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA HOT! P.T. 6ESURI LLOYD P.T. SAMUDEM INDONESIA P.T. TRKONA LLOYD M fl jTnrrj IIT i SPECIALLY SCHEDULE FOR ALL OUR SHIPPERS TO LOAO THEIR CARGO BEFORE CHINESE NEW YEAR. MV. OANOA OA MA VOY 17/WB SPORE BILBAO A'DAM/R'DAN H'BURC S-ai 1/3 1/3344 words
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Advertisement270 1987-01-21 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'port P.Kelang Ptnang Bangkok 273 lan J M& r £h if" i ij 22/23 Fab ma Fab LOMAW VUI PA-All VMS PAGAN VMS ■ANOAIAV VMP Loadin| tar Earapa V* wwinuuifDTQUfiy SPORE ROAM HULL MM CLYDEBANK VIM In ft270 words
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Page 22 Advertisements
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Advertisement536 1987-01-21 22 K LINE KAWASAKI KISEN KAISHA. LTD.-—I USA CANADA ATIMmC CTA>T (Round Th« World S«rvtc«) r» r KOREAN JACEJIN V37W NEPTUNE CRYSTAL V3BW KOREAN CHANCE V3OW CHINA CONTAINER V3IW L'HAVRE 9 Feb 16 Feb 23 Feb 2 Mar Accepting LCL Cargoes to L'Havre, H'Burg, R'Dam/F'jtowe (Scan Porte via H'Burg) F'STOWE 11536 words
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Advertisement358 1987-01-21 22 -J LA. VAAL Q9F NCDLLOYD COLOMBO 2S2CC OSAKA MARU ZUI6 P.EIb C.Tmhi Durfcan SU SM Std 21/1 22/1 25/1 S -VC> JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) 200 CANTONMENT ROAD #12-05 SOOTHPOINT, SIN6APORE 0208 ta»: 2211)11 TELEX NO: K ***** TENMINAL/CFS TaL *****11-220 BOOKINGS TaL *****34-235 FRFIGHT I INKS EXPRFSS358 words
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Advertisement574 1987-01-21 22 7l£ AUSTRALIA EXPRESS CONTAINER SERVICE AccapMng FCL/FCL Contains Faadar P Umt Vaaaai S port M ta Sfti Mi Acea* M "HABIROAS" IV 21 Jan 7 Fab li Fat 14 Fat) AM/Bm X "***>«" «7 9 Fab 24 Fab S Mar 3 Iter Adal/Bra H "CHARMS" 1 Mar 16 Mar 2S574 words
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Advertisement716 1987-01-21 22 GOLDEN LINE GUAM GUM SMPFMG (PIE) 11D 23.TaM *r» S»t« vmuem aist m u»3m <u ibcs) STRAITS/PERSIAN GULF SERVICE: rpor. P KM*, FW« OOLOCN HARVEST Cotanbo/KaradM/Dutai/KiMait IN PORT GOLDEN HAVEN CotomtMKaracto/Muxat/OBfct I/IB FA gg: CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA Vt m i GAO CHENG NMC716 words
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Advertisement337 1987-01-21 22 INTRASEA (PTE) LTD. 10 Anson Road a 27 16 Intenafmna P if a Smqapo'e 0?0/ Tel *****11 ilOL'«es) BREAKBULK SERVICE TO EUROPE/UK Spara r.UN|laA«ira/i on scte/mwamt/ukomu.) \diJUL fMyr >i§ ■mi44i>>§ aJ i PHIL I IRON SHIPPING AGENCIES P. 7 lID PHIL I-ORIE N J LINES PIE I TO Hf ID337 words
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Page 23 Advertisements
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Advertisement667 1987-01-21 23 NEPTUNE AGENCIES PTE. LTD. Telfe Otto TmM CFJ ROOMNtt TMKT vmn man wiia OR WRECT LINES NEPTUNE ORIENT LINES LTD; NEPIINE SON. MO. MMM 7 NEPLINE SON BHD. MMM NEPIINE SON. BMO OHM* NEPIINE SON. BMO. mm Ft EU/AUST TPA/SEA zmm vkm nmm 27WUJ CTOM own TTi 11l- 1/ TO"667 words
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Advertisement318 1987-01-21 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON nti r+ ntti MW IN Nit I -Nl N- ItS I'll I 111 K'4l4 .'.■.'•'.lll .'.i.'it.V MlpPI •i< 'IN Ml i Irtrini it i v!> .'.'O.'MH i CIS IuNI HIM SI 111 lift KH|I CI IH318 words
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Advertisement693 1987-01-21 23 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 M/S SNARIKAT MAM SOON SON. MO. IST ANO 2ND FLOOR. NO I. JALAN CEMPENIN6, PORT693 words
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Page 24 Advertisements
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Advertisement327 1987-01-21 24 ifflgl regional container lines TO BANGKOK (4 SAILINGS A WEEK) VESSEL PIYA BHUM Sim BHUM SEA DRAGON JENLINK PltA BHUM SIR! BHUM SEA MACON JENLINK PIYA BHUM Slfll BHUM SEA DRAGON PIYA BHUM SIRI BHUM SEA MAGON 'ICPJI PITA BHUM RATANA BHUM Sim BHUM TO SOUTH THAILAND VESSEL BATANA BHUM327 words
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Advertisement42 1987-01-21 24 PtMFT SMPfNM UK U eta s pom IALDt* CHUAHCHOW POVANCCAKE* «LCm*n, omm* Tm, CatMM, Ma, IM SWMAI AttHTS m LTD H MMM MM «X7-It, —MWH KAZA. Stftrf ETA/BKK ETD DESTINATION 'KHUN KAEK" 05/87 22/1/87 SAILED BKK/SIN/CAL •PA.STI*, TBN SA.LEOJ^jA^AD, A,' .J1 'I42 words
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Advertisement49 1987-01-21 24 FRECON AGENCIES s> pte ltd TRANSWARD 10/2/K7 HUANGPU, FUZHOU, SHEKOU, CUANGZMOU 6/2/17 —LAGOS, PORT HARCOURT ft COTONOU CONTACT: 221K77 *****33 VESSEL ETA TBN 25/1 MEGHNA 30/1 GANGOTRI 10/2 SAILING ROTATION SABAH/MADR AS/CALCUTTA MADRAS/BOMBAY MADRAS/BOMBAY GENERAL INTERNAVE AGENCIES PTE LTD AGENTS: #22-09 INTERNATIONAL PLAZA SPORE 0207 TEL: *****00 TLX: 208449 words
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Page 24 Miscellaneous
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Miscellaneous161 1987-01-21 24 M Regional Wtother 1 8 s* lV 3 9 fci Sfi s n. >110^ U c o Wm<J (Vecfion with speed krtoH SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO A.M. THIS MORNING. LIGCNO R Thunderstorm Temperature c A V Showw Weoihtf Wm<J direct on with vpeed m knots Ron Oo»4r161 words
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Page 25 Advertisements
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Advertisement428 1987-01-21 25 Tiger Hamburg West Germany Line Common Carrier Feeder Services SINGAPORE INDIA Common Carrier Faadar Service For Main Line Operator* Only. (No Conflict of Interact) Agents: C.F. Sharp Company Pte. Ltd. Telephone: 220 1422 Telex: RS ***** L C Lto MANILA BANGKOK HONGKONG FREIGHT MANAGEMENT PTE LTD SINGAPORE BANGKOK *****11 (12428 words
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Advertisement205 1987-01-21 25 i INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MA ***** ACCEPTING CARGOES FOR THE FOLLOWING PORTS ESPRIT SHIPPING PTE LTD TEL *****00 TLX R*****7 FAX *****68 HOLMAR LINE £L Regular Independent fCL LCI services to:- Fetustowe, Rotterdam las Palmas, Tenerrfe, Ceuta, KWilta, Lotion, Leiioes, Oporto, Casablanca, Tunis. Tanger, Gibraltar Vend205 words
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Advertisement488 1987-01-21 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONTAJK PORTS: mv TON MIL SmM iTC-m HV AZALEA In Pt ITC-002 SINGAPORE PORT KELANG KOTA KINABALU TG. HANI CALICO SNIPPING PTE LTD CALICO FAX 2N871 PERKARALAN UTAMA SON BMO Ttaouw KESAWAN SHIPPING SON BHD T«fc nm MM*) Fai: oub RASA MUHIBBAH488 words
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Advertisement254 1987-01-21 25 &CN C LINES WEEKLY FCL LCL CONTAINER SERVICE ISPONE IWW NKC KM HE KOI lOJ MB STONE KUO HSIUNC VM In Part TAO rUAN 7W 2*l KUO LUNG Vm 4/2 rt LAN m 11n m nn t n tn in ta W 1$ 17/2 21/2 22/2 3/2 Genera' Agents CONTINENTAL254 words
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Advertisement207 1987-01-21 25 TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORf P.KELANC PCMANC PALOMANC BELAVAM C.SELATAN VU V-» MM I*l *H c-sclatan vi v-a a/i a/i C.SOATAN V V-9 a/1 1/2 1/2 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE207 words
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Page 26 Advertisements
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Advertisement559 1987-01-21 26 ACCEPTING FCL, LCL ft CONVENTIONAL MIDDLE EAST SERVICE an. n/i. s/2. oubai. Bahrain, muscat, doha, damman 12/2. 23/2 KUWAIT. ABU DHABI 1/2, 7/2, 14/2, 21/2 27/1, 3/2, 10/2 3*1.3/2. 16/2 HONGKONG/CHINA SERVICE XINGANG, BEIJING, TIANJIN, SHEKOU, SHANGHAI. GUANGZHOU. WHAMPOA BANGKOK SHANGHAI, GUANGZHOU, WHAMPOA AUSTRALIA SYD, MEL, BRISBANE, ADELAIDE, FREMANTLE CROSS559 words
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Advertisement582 1987-01-21 26 NEAP SENG TRADING A SNIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0710 TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO ■liiUMkHiH i [H i »i,-»]; \i m o.i: m-i:m ih VESSEL ANSON ANSON ANSON ANSON VOY NO V ***** VS2S7 V ***** VUSI7 V53H7582 words
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Advertisement590 1987-01-21 26 a C.V. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) NEPTUNE CRYSTAL V3M W\ KOREAN CHANCE VM w CHINA CONTAINER VM n/2 MCRCATOR V42W u/2 itHarvt Rdaai Film Hburj Bran Antawrp iM nn un a/2 nn m an m590 words
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Advertisement922 1987-01-21 26 Everett Lines! COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" Loadine for Callao. Mataram. Ik) and ail other Peruvian ports with transhipment al Kobe On CPV Through Bills <& Lading to final destination Pananf* P. Kalanf Singapore HUGHEVERETT 3/4 Feb MANOLOEVERETT It/20 Feb JOHNEVERETT 21/1 Mar "EVERETT ORIENT LINE" JAPAN/BAY922 words
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Advertisement295 1987-01-21 26 M I iMtft-| I ,TW ZIM nr ZIM EILAT CONTAINER UNE SIN ETM ALX HE VCE TRS m EILAT 27/1 11/2 15/2 17/2 20/2 72H TUNC HA! NO .2 i/221/Z m KAOHSIUNC J/2 25/2 VI 2/1 V 3 7/3 ZM SYDNEY a/2 MP 140 1M IS/3 21/3 A— FCI T«295 words
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