The Business Times, 4 May 1987
1987-05-04
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The Business Times
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Title Section12 1987-05-04 1 BUSINESS TIMES M.C. (P) No. 112/12/86 MONDAY, MAY 4, 1987 75 CENTS12 words
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562 1987-05-04 1 LOH HUI YIN - Investment helps Yoshikawa overcome delays By LOH HUI YIN THE ECONOMIC Development Board has taken up a 20 per cent stake in Yoshikawa Chemicals Singapore, so providing additional financing for the company's chemical project which could otherwise have been delayed by a562 words
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436 1987-05-04 1 FT. AFP AMERICAN CHIP MAKERS are now agreed that Japanese companies have stopped dumping Eproms (eraseable programmable read only memory chips) in South-east Asis, removing a major element of the US-Japanese semiconductor trade dispute that led to the US placing tariffsFT.; AFP - 436 words
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458 1987-05-04 1 LUCY NG - •y LUCY NG THE Singapore Society of Accountants (SSA), its preeident and its registrar will contaat a datamation suit initiated against them by auditing firm Coopers and Lybrand. "SSA is prepared for auch a suit, after receiving the warning that Coopers and Lybrand would458 words
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Article98 1987-05-04 1 AP PRESIDENT Corazon Aquino has approved tha aala of 113 state-run businsesss. including Philippine Airlines, tha Manila Hotal, severs! banks and 19 subsidiaries of tha national oil company, newa reports said yesterday. The list was recommended to Mrs Aquino by the Cabinet-level Committee on Privatisation, head- EdAP - 98 words
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443 1987-05-04 1 ALVIN TAY - By ALVIN TAY THE MASS Rapid Transit Corporation (MRTC) hat appointed Alexander Stenhouse (Asia) Holdings Re Ltd as the risk management and insurance consultant for the commercial operations of the MRT system. A spokesman of the MRTC confirmed with BT that Alexander Stenhouse,443 words
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Article, Illustration417 1987-05-04 1 ANNA TEO - ■y ANNA TEO THE MONETARY Authority of Singapore has announced that the first offering of taxable government bonds under the new scripless system starting today will be worth $500 million. Auctioning of the five-year bonds, which mature on May417 words
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117 1987-05-04 1 FINANCE MIMSTER Dr Richard rtu said yesterday that Central Provident Fund savings may be used for buying government securities. He saw no reason why CPF surpluses could not be used for the investment as long as CPF members117 words
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Page 1 Advertisements
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Advertisement349 1987-05-04 1 Need a car or truck loan? TOONG 737-7977 MJj VNtov fborig Wvigage And Kuiance (S) Ltd i A wholh-owned suhsidury of Hongkongß.ink bC'Uvnuwe HiU #03-01 ("fciymufc PUu Singapore (H22 MANAGEMENT IF YOU WERE a latecomer in the highly competitive field of computer peripheral manufacturing, chances are that you would not349 words
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Advertisement221 1987-05-04 1 \mm M PRESIDENT RONALD REAGAN called hit talks in Washington with Japanese Prim* Minister Yasuhiro Nakasone positive and sold the two of them agreed on the dangers of protecrtonhm. Shortly after Mr Nakasone left for home, Mr Reagan announced that they had ended their White House talks 'of on* mind221 words
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Advertisement116 1987-05-04 1 ^,>"}=?+_`+@*:!.>}(&?=*,.^+}!$- Because of Atsuko's determination, no other airiine can offer you this: 0 > Z A 9. J* 0 THE JAL PLEDGE A_ t > i I -1 1,1; mil 1 As iugnty trained ana decreased J professionals we will confidently do our utmost to make any flight wUhttmwjoyblmpuwtk. Astheworicfs116 words
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MANAGEMENT
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680 1987-05-04 2 IT WOULD SEEM that after nearly two years of vocal support and avowed commitment from the government, small businesses should have hit the jackpot. In those two years, existing incentives have been improved, relaxed and expanded. New grants and loans680 words
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Article, Illustration1883 1987-05-04 2 BOEY KIT YIN - If you are a latecomer in the highly competitive field of computer peripheral manufacturing, chances are that you would not be able to catch up. But Seagate Technology has proved otherwise. It has pursued a successful philosophy of a delayed entry into new products. BOEY1,883 words
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Article312 1987-05-04 2 UPI IT MAY BE recalled that two centuries ago. Americana threw out the rule of a king and replaced it with a Republic run by elected officials. And so here we are today: no kings, no titles and offices that reflect responsibilities rather then privileges.UPI - 312 words
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782 1987-05-04 3 NYT IN THEIR ZEAL to become more competitive, American employers have turned increaaingly to motivational gurua who aay they can change how employeea think. But now employers sre encountering resistance from workera who aaaert that many of the training programmeeNYT - 782 words
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Article, Illustration1101 1987-05-04 3 A good salesman will avoid "customer appeasement" at all cost says tough-talking super salesman, Heinz Goldmann, who was in Singapore recently tor a one-day conference on innovative sales strategies the Goldmann way, of course. HEINZ GOLDMANN1,101 words
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Page 2 Advertisements
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Advertisement193 1987-05-04 2 The Seminar Package with your interest at heart There are a thousand and (me details to organising a successful seminar. Leave the thousand details to us. The one thing you're to di> is to call us in *****66 Ext 1662/1698. For a minimum attendance of 20 persons, our Royal Seminar193 words
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Advertisement150 1987-05-04 2 k. FORUM on THE COMPANIES (AMENDMENT) BILL Venue Westin Plaza, Sophia Room, 4th Floor Date May 11,1987 Time 2.30 pm to 6.00 pm Fee $20/- per person The Amendments will have a significant impact on: the position of directors accounting requirements companies in financial difficulties share premium, companies financing dealings150 words
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Page 3 Advertisements
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Advertisement201 1987-05-04 3 R Discover the legend this summer Ten different ways. JL amper yourself on a superb value-packed mini summer vacation from June Ist to September 15th. Because that's when Mandarin Oriental Hotels are offering ten great ways to discover the legend in some of the world's most exciting gateway cities. Each201 words
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Advertisement109 1987-05-04 3 THE BEST FRENCH RESTAURANT IS BACK IN TOWN WITHIN THE CBD AREA LA TERRASSE COOKING SCHOOL m tarting May 13, 1987, La Terrasse chef v Bernard Sautereau from Lyon, France will be conducting a five-week cooking course on French cuisine. There will be one lesson each week (on any one109 words
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OVERSEAS
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Article571 1987-05-04 4 US president and Nakasone agree on dangers of protectionism Reuter PRESIDENT REAGAN called his talks in Washington with Japanese Prime Minister Yssuhiro Nakasone positive and said the two of them agreed on the dangers of protectionism. In his weekly radio sddress, broadcast last Saturday shortlyReuter - 571 words
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Article, Illustration466 1987-05-04 4 AFP MIXED REACTIONS face Japanese Prime Minister Yasuhiro Nakasone as he makes his way home from crucial trade talks with President Ronald Reagan in Washington last Thursday and Friday. Monetary circles and businessmen appear pleased, while opposition parties are concerned about aAFP - 466 words
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456 1987-05-04 4 AP STRESS, long a problem among workaholic Japanese businessmen, has begun to affect women and children as well as Japan adjusts to affluence and leisure time unknown to past generations. A growing number of children and womenAP - 456 words
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189 1987-05-04 4 Reuter PRIME MINISTER Atef Sedki held talks with his top economic advisers smid signs the government would soon announce steps to streamline Egypt's mul-ti-tier foreign exchange rate system and other reforms. Attending the meeting at the central bank last Saturday were lis governor,Reuter - 189 words
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342 1987-05-04 4 AFP AUSTRALIA and New Zeeland are showing increasing concern about evidence that Libyan President Colonel Muammar Gaddafi ia attempting to deetabiliae the South Pacific, observers in Canberra said. Foreign Minister Bill Hayden said on Saturday that the Australian government was deeply concernedAFP - 342 words
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Article, Illustration465 1987-05-04 4 FANG DEHONG pedals an hour and a half avary morning into Beijing on a tricycla cart precarioualy stacked with eggs she says ara fraeher than any sold at state-run stores. Fang's aggs, piled in brown and white pyramids on her one-person465 words
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413 1987-05-04 4 Oana-PNA ASEAN WORKERS are struggling to improve their lot due to the continuing protectionist polices of industrialised states. Asean labour union representatives, concluding a two-day meeting in Manila last week, said the main constraint in improving the plight of Asean workers wasOana-PNA - 413 words
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Article842 1987-05-04 4 ARRIVALS Operator OTVKm number IomI ttnw From SU UA FT MAS PU SU MAS SU MAS Al MAS MAS SU SU CPA MA GU SU SU SU SU KIM SU MAS GU SU MAS GU SU SU U SU SU THAI TK THAI CPA MAS GU MAS842 words
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Page 4 Advertisements
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Advertisement8 1987-05-04 4 12 years old. A Welcome Awaiting, 12 •i8 words
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Advertisement61 1987-05-04 4 fI If \f]/ \r\ Ifl If The business person's choice, every I 1 II I II I Tuesday, Thursday. Saturday and I 1 VI \l II I Sunday. Leaving Changi Airport at _1_ V>/X 1 JL V-X 22:05 hours and orrivtng at Lester B. Pearson International Airport the following day.61 words
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Page 5 Advertisements
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Advertisement117 1987-05-04 5 Jl 1 I i c ■-1 mm. m m illllllllliiiliimni I i i i i I Nixdorf Computer Building will become the new centre of Nixdorfs commitment to Asia from this month. Please note the removal dates and the telecommunications numbers. NIXDORF COMPUTER BUILDING 2 Kallang Sector Singapore 1334 NIXDORF117 words
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BANKING AND FINANCE
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472 1987-05-04 6 Reuter CHINA has increased exports and avoided the political embarrassment of devaluation by quietly pegging its currency to the US dollar since last October, according to diplomats. The Economic Daily quoted the renminbi at 3.7127/3.7314 to the dollar last Friday,Reuter - 472 words
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Article379 1987-05-04 6 Tokyo bought US$10b to support Reuter THE BANK of Japan bought nearly US$lO billion on exchange markets in April to moderate the dollar s fall against the yen, finance ministry sources said. The intervention was the largest the central bank has undertaken in a single month, exceeding the previous recordReuter - 379 words
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311 1987-05-04 6 Reuter DUTCH ECONOMISTS and capital market dealers said cuts in European interest rates would tend to undermine the impact of possible Japanese rate cuts. On the first of three meetings with President Reagan in Washington last week, Japanese Prima Minister Yaauhiro NakasoneReuter - 311 words
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Article, Illustration159 1987-05-04 6 Reuter US COMMERCE Secretary Malcolm Baldrige said the Reagan Administration did not want the dollar to drop further against the yen. Asked in a television interview if it was Reagan Administration policy not to allow a further fall of the dollar, MrReuter - 159 words
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Article, Illustration215 1987-05-04 6 Reuter CANADA'S Finance Minister Michael Wilson said the government still intends to establish international banking centres in Vancouver and Montreal, in spite of the release of a report sharply criticising the plan. "The intention of the government is to proceed with the establiahmentReuter - 215 words
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316 1987-05-04 6 Green Collier Bullion HAVING peaked at spot US$47B, a new four-year high, gold prices surrendered more than US$4O of gains on profit-taking pressures. It subsequently recovered lost ground to settle last Friday at U*****.10 an ounce, about US$6 lower than the previousGreen & Collier Bullion - 316 words
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Article283 1987-05-04 6 National Discount DOMESTIC interbank rates firmed up last week with the overnight funds firming to a high of 6 1/2 6 per cent from its opening 2 1 3/4. It settled to close at 5 4 3/4. Moet of the overnight funds were transacted betweenNational Discount - 283 words
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Article, Illustration151 1987-05-04 6 Iwdiflu He iwnnol» prime landing rates of 12 major bonks in Unp^nn Interbank market rates (offer/bid) on April 30 us$ DM SWFC Y« (1 7 6art 4-13/16 11/1* »-l/4 if* 4 3-7/1 2-3/1 4-11/1* 4-*/1* 1 *-7/t 3/4 *Sf% f-l/J 3-15/1* 13/1* 3-7/1* 5/1* 4-3/1* -1/1* 3151 words
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Article467 1987-05-04 6 flit of bonks at tho ck mo of burinow on Thursday, April 30, a> supplied by (he Anoda Hon of larks In Singapore. BANK MJt (%> Algemene tank 6% Amorlcon Express lank 7 AfliDam R'terdom Bonk 6% Arab Banking Corp 7* Arab Bank Lid 7* Ada Commercial467 words
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Article185 1987-05-04 6 ASIAN CUttENCY overoge deposit rat** for the week ended Apr* 90 PMCM urn INI 7 day* 11/1* 9/1* 1 north *3/4 11/1* 2 north* 13/1* 13/1* 3 MOT** 7 1/S 7 7 5/1* 7 1/4 9 north* 7 9/1* 7 7/1* 12 north* 7 3/4 7 5/1 fr185 words
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Page 6 Advertisements
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Advertisement114 1987-05-04 6 Introducing the advanced A FEATUREPAKII The total telex management system The new TELEX BOX 3 allows multi-terminal inputs; it converts electronic typewriters and personal computers into versatile telex stations without the need of special host software. 5= FEATURES battery-backed 150,000 character memory unique mailbox facility short code directoiy personalised multi-addressing114 words
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Advertisement42 1987-05-04 6 sss NV A A =11 NOW GRUNDIG MAKES SHAVERS AS WELL AS TV S WITH THE FULL RANGE OF FEATURES YOU D EXPECT FROM GERMANYS EXPERT DESIGNERS CHECK OUT THE SEVEN GRUNDIG SHAVERS NOW AT YOUR NEAREST DEALER OR CALL 336 347742 words
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Page 6 Miscellaneous
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Miscellaneous45 1987-05-04 6 Doonesbury RON HEADREST TEST RUN, TEST RUN! DO RUN, RON! OPEN HRB, M-M-HAKB THAT Hie, OPEN j FILE! m m i*r~ if, ripznvuy M BY GARRY TRUDEAU SURE,UE\BGOr t£Ts NOT THROW THSB-BHAPf OLfTU/TTHTHB OSHESL V h s V w I* 9X fl (H/iUH TT m.45 words
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Page 7 Advertisements
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Advertisement190 1987-05-04 7 Computers and Communications NEC Computers NEC Business Systems Singapore Pte. Ltd. (Singapore) Pte. Ltd. NEC Singapore Pte. Ltd. i NEC Singapore Pte. Ltd. NEC Electronics Singapore Pte. Ltd. mnnnm mar. rj Effective 30th April 1987, NEC Singapore Pte Ltd has changed its name to NEC Electronics Singapore Pte Ltd. NEC190 words
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THE ARTS
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712 1987-05-04 8 SHAUN KOH - By SHAUN KOH THE CONCERT was. by far, one of the best if not the best received "classical" concerts seen in Singapore. The audience, in a standing-room-only Victoria Concert Hall last Sunday, responded to the Carl Orff Choir performing in Singapore for the first712 words
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Article, Illustration237 1987-05-04 8 AP BEIJING classical music fans responded to the Pittsburgh Symphony Orchestras first concert in the Chinese capital last Saturday with enthusiastic roars of bravo and extended rounds of applause. The orchestra, playing before 1,200 people at the Beijing Concert Hall, performed Dvorak's From theAP - 237 words
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Article, Illustration444 1987-05-04 8 AP "THE TRINQUETAILLE BRIDGE", a blue-hued, oil-on-canvas work painted by Vincent Van Gogh in Aries, France, could fetch more than US$ll million when it is offered for sale in June, the auctioneer has predicted. The upcoming event would be "hot on the heels"AP - 444 words
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681 1987-05-04 8 UPI THE MAN who brought America its first major French impressionist and Egyptian art exhibitions says his latest effort Chinese tomb art is but an hors d'ouevre of what lies undiscovered in the Far East. For Earl "Rusty" Powell 111, director of the LosUPI - 681 words
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Page 8 Advertisements
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Advertisement102 1987-05-04 8 Claim your T-Bone Steak for only $19.50. May. What a mouth-watering month it is. From the 1 st to 31 st, we are offering for dinner T-Bone steak chosen from the best Prime US Beef. Grilled to perfection, your T-Bone steak will be accompanied by Idaho potatoes and a green102 words
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Advertisement54 1987-05-04 8 OLYMPICS EUROPE m 1 m I 1 K\ :< ■■■■■■■■in >v VIA ■Bllliia a A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you frequent and convenient connections from Athens to more than 40 worldwide destinations including Madrid, Istanbul, Dusseldorf, Marseilles, Milan, Nicosia and Stuttgart. For enquiries and54 words
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Page 8 Miscellaneous
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Miscellaneous722 1987-05-04 8 CRYPTIC PUZZLE ACROSS 1 Can you get it white like lightning? (5) 6 Belief in Brown? (5) 9 Nautical hero, or just a beast (3-4) 10 Decorate a woman (5) 11 Once a much hunted-for piece of pottery (5) 12 Warms up things to wear out East (5) 13 Athletic722 words
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SPORTS
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Article, Illustration877 1987-05-04 9 BRIAN MILLER - By BRIAN MILLER MALAYSIA'S fairy-tale ride on golf's roller-coaster took a downward plunge after a sustained and pressured attack by the Philippines in the Pacific final of the Dunhill Cup at the Royal Selangor Golf Club yesterday morning. This was to be877 words
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Article321 1987-05-04 9 Reuter LOCALLY-BRED colt Alysheba finally fulfilled his potential on Saturday when he romped to victory in the 113 th Kentucky Derby at Churchill Downs. American jockey Chris McCarron urged his mount on to a dramatic but convincing three-quarters of a length win after the Alydar-sired bayReuter - 321 words
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121 1987-05-04 9 Reuter BRAZILIAN Joaquim Cruz held off a late surge by American Bub Myers to win the 1,500 metres at the Oregon Invitational track and field meeting on Saturday. It was the 1987 debut for Cruz, the 1984 Olympic champion at 800 metres. TheReuter - 121 words
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Article78 1987-05-04 9 Reuter A SINGAPORE AIRLINES steward sprinted 1,336 steps up the world's tallest hotel in seven minutes and 20 seconds to win what was billed as the world's first vertical marathon in Singapore yesterday. Kenneth Keng, 34, beat 200 others in the race up the 73-sto-rey,Reuter - 78 words
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Article, Illustration568 1987-05-04 9 WALTON MORAIS - Australian takes 73 minutes to score 6-4, 6-1 win By WALTON MORAIS THE DAY BEFORE the final, Anne Minter said mental toughness was one of her strong points. Yesterday, in the scorching hot and tension-packed final of the Carlsberg Singapore Women's Open tennis championship,568 words
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420 1987-05-04 9 AP THE MILLIONAIRE stars of profesaional tennis are expected to be welcomed into the Olympics as the governing body of the Games holds its annual meeting this week. The 92nd session of the International Olympic Committee (IOC) is scheduled to vote onAP - 420 words
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Page 9 Advertisements
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Advertisement10 1987-05-04 9 y orlskiti kef Probably the best beer in the world10 words
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Page 9 Miscellaneous
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Miscellaneous33 1987-05-04 9 to sm umKD i m as m 5 m o*m r* *n Hi 9 m m jpK ShBK m m MM 02 km i m m m m S I *n s ■tkJMM33 words
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INTERNATIONAL STOCKS
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394 1987-05-04 10 Reuter WALL STREET weathered a 1/4 per cent prime rate hike with little problem on Friday. However, weak dollar and bond markets and renewed scepticism over the ability ot US and Japanese officials to defuse trade tensions and stabilise the dollar provided ground forReuter - 394 words
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316 1987-05-04 10 Reuter SENIOR EXECUTIVES from two rival companies seeking to break into Japan's international telecommunications market failed to agree on terms for a merger at a meeting on Friday. The companies agreed to meet again, but on a working level basis. No date forReuter - 316 words
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193 1987-05-04 10 Reuter EXECUTIVES st Psn American World Airways expect the airline to break even this yesr snd the oversll holding company to mske a small profit. The carrier, they say, is being helped by heavier trsvel to Europe and Latin America and even byReuter - 193 words
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268 1987-05-04 10 Reuter TRADING IN leading international stocks is increasingly disappearing without trace down a "black hole", Securities Investments Board (SIB) chairman Sir Kenneth Berrill said. "It's much harder to find out what's being done if it is off an exchange,"Reuter - 268 words
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Article136 1987-05-04 10 MAY *1 ADttibi C 3454 *1- Imp Oil CI A Inco Int Prov Pipa lu Intl 64 21* 46 24* unch Alcan Alum 37* Algoma Sri 15* Bank Nova Scotia Bank Ot Montreal Ball Canada 34* 41* -ft Motaon A Moora Corp 24% 31* 27% -ft urtch Bp Raaourcaa136 words
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Article281 1987-05-04 10 MAY 02 Yaa MMM* 1430 MMkht M 47 in MM 130 MMtM» 2270 -MOO MM 3*2 J «Mb* MM»? «IS -1 «45 14 MM MO .IS MHO» «WM 103 4-3 MMCM MOO M MMMN 4M *13 af Tafc?* 1M0 440 11 14M +M «Hinw IM —ii mt M» -21281 words
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132 1987-05-04 10 Reuter NIKKO SECURITIES Co of Japan is seriously considering buying a seat on the Toronto Stock Exchange and plans to establish a full Canadian unit by June 30, the firm's chief representative in Toronto said. Tadashi Suzuki said in an interview that Nikko wasReuter - 132 words
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Article175 1987-05-04 10 Amsterdam MAY 91 u ABN 501 SO -6 A«gon 90 80 -0 2 AhoW ***** -0 1 Akzo 128 SO Alrvnta 140.50 0.1 AMEV 61 20 -04 Amro Bank 76 80 0.1 Am St*d 128 00 05 B«rX*l 14 70 •43 BOLS ISO 00 08 Boraomtj 142 45175 words
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58 1987-05-04 10 Reuter GUINNESS PLC understands that non-executive director Thomas Ward has resigned from the company but has not yet received any formal notification, a spokesman for the company said. He aaid Ward appeared to have issued a statement in the US but the resignation would notReuter - 58 words
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Article543 1987-05-04 10 MAY 91 US s Aican Alumin 42* 47* Allag Intl 21 Aiii«d SM 44* 7> Am Brand* Inc.. Am Can Co 44* urtch Am Cyanamtd Am Elac Pwr Am Expraaa Am Homa Prod Am Motors Cp 80* n% 64* 4* 21* uncti Amarada Haas Amoco Corp 33* 62*543 words
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Page 10 Advertisements
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Advertisement99 1987-05-04 10 <5 Witext to wim. dlae Juwi eatertaia ir Thir^ '1 Pasta creation knows no boundaries. You can have Italian spaghetti and fettuccine, or noodles in Japanese and Chinese styles. With wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement Nl flOyal Singapore vl> Serving traditional Japanese99 words
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Advertisement137 1987-05-04 10 s, /Savour theX /'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 a superb choice at only $24.50*. 'Subject to 10% service charge137 words
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Advertisement249 1987-05-04 10 TEOCHEW PORRTDGT BUFFET $5 50+ r > mS£ .4 Lry. •PKif *A*A''f s i'' Na*s<r a S5 riiOy I per person) You can enjoy savoury* homely dishes such as braised pork 9 steamed stuffed bean curd 9 sambal borjai 9 fried salted fish 9 sauteed chicken with mushroom 9 sauteed249 words
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Advertisement142 1987-05-04 10 r NABEMONO J I deughts 1 (STEAMBOAT JAPANESE STYLE) Sample the delights of Nabemono cuisine, steamboat Japanese style, cooked at your table. SukfyaW, Shabu Shabu, Mizutaki, Kiritanpo and Yosenabe. open daily for lunch and dinner except on Sundays. $20++ per adult $10+ per ctMdunder 12 mLi (inctuslveofaFreeonnkof >^ ,WJ IMI142 words
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Advertisement209 1987-05-04 10 ;-}.>}[\/:%`*=,*[''_|~*'.{/~?]+ dishes, four seven to eigfat\ nine or more pick ten dishes, adult $12 per (Minimum two Now till May k v Pick only your iivuuzites m for $18 per perm. From our extensive 118item Sichuan menu. Two to t three persons may pick four V to six persons-six dishes,209 words
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INTERNATIONAL COMPANY NEWS
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711 1987-05-04 11 Merrill Lynch loses USs2som Reuter PROFITS of Wall Street companies are likely to tumble in the second quarter because of volatile financial markets and a slowdown in some business areas, according to analysts. That assessment was widespread 24 hours after Merrill LynchReuter - 711 words
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178 1987-05-04 11 Reuter MERRILL LYNCH Co Inc said it discharged a bond trader on April 13 for exceeding limits in high yield bonds. A Merrill Lynch spokesman said the dismissal of Hugh Bellingrer had no relationship to the dismissal of a vice president andReuter - 178 words
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317 1987-05-04 11 FT A SPLIT has emerged among creditors of Dome Petroleum on the beat way of protecting their interests during the current struggle for control of the crippled Canadian oil and gas producer. Several banks indicated last Friday that they were not willingFT - 317 words
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Article, Illustration173 1987-05-04 11 AFP HONGKONG TYCOON Li KaShing's business concerns have announced the launching of a loan facility in Hongkong to help finance their acquisition of a 43 per cent stake in Canadian energy company Husky Oil. The US$2lB million five-year floating rate loan facility isAFP - 173 words
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Article177 1987-05-04 11 FT A LONG AWAITED HK$l.5 billion rights issue for Mr Alan Bond's Hongkong-based Bond International has been unveiled, with shareholders being offered five new shares for every two already held at HK$l.BO a share. The cash raised by the rights issue will be used toFT - 177 words
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302 1987-05-04 11 AP PRESIDENT Corazon Aquino had ordered suspension of talks with San Miguel Corp on resolving a dispute over the sale of shares her government seized last year from the corporation, an official said on Friday. Mrs Aquino had set an April 15AP - 302 words
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Page 11 Advertisements
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Advertisement679 1987-05-04 11 m to ~wim, dla< and eaMda I" i> sumptuous Buffet Dinner are great value for your money. Only $14++ per adult and $B++ per child for a delightful meal. Or select your favourite dishes from our a la carte menu. Lunn COFFEE HOUSE I Apollo Singapore 405 Havelock Road Singapore679 words
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Advertisement178 1987-05-04 11 ENTERTAINMENT iKHIGHLIGHTS W\ Ovadaßand the Philippines A sensational band thai is sure to please with Its taat/ slow numbers, favourite oldies and latest rock. \V 4 3 HAPPY HOURS 12 noon Bpm ana/ DISCOUNT on bottle rales and premium 4U /> brands Plus 1 Buy one and pet one tree178 words
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COMMODITIES
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448 1987-05-04 12 Reuter DWINDLING world petroleum reserves and growing dependence on the oil-rich Middle Ernst highlight the need for international cooperation to maintain stable oil prices, top industry executives and experts say. Speakers in Houston at the World Petroleum Congress last week which drew participants fromReuter - 448 words
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158 1987-05-04 12 Reuter OPEC SHOULD maintain the price stability that has been achieved in world oil markets, Indonesia's Mines and Energy Minister Subroto has said. He said after meeting President Suharto that the 13-member group of producers would decide in June whether to raise output quotasReuter - 158 words
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Article313 1987-05-04 12 London Commodity Exchange l«yor/So4or c losing prlcos on May 1 (£/»on* io wnto« spodflod) Frorlou* day'* dosing prioos In Coif## loih In-sforo Londofv softors oprton OF London May 1300/1304 (1315/1302) H^h/Low 1325/1290 My 1326/1329 (1349/1350) High/Low 1355/1320 Solos (4179) Coco# May 1255/1256 (1255/1256) N«h/low 1258/1253 My 1292/1293 ►•gh/Low313 words
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1336 1987-05-04 12 AFP CURRENCY MOVEMENTS again captured the attention of commodity traders in London last week when a clearer trend towards lower intereet rates began to emerge. Precious metals soared at the outset reflecting the dollar's weakness. But investors quickly lost confidence after WhiteAFP - 1,336 words
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Article340 1987-05-04 12 Crude palm oil futuras cloaad lowar on the KLCE laat weak, with May delivariaa down by Ms4l to Mso94 laat Thuraday from M 5735 a tonna previously Laat Friday waa a public holiday. Futures prices laat week were on a downward trend with May deliveriea down to M340 words
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Article299 1987-05-04 12 THE Malaysian rubber market closed steadier last week with May Int RSS one quoted at 233.00 cents per kg laat Thursday, up 1.50 cents from the previous week's close of 231.50 cents per kg. May SMR 20 buyer also closed higher laat week at 201.50 cents,299 words
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Article171 1987-05-04 12 Chinese Produce Exchange Wirt' noon doting prico* on Moy 2 (SI/100 kg) Coconut oil Mk KM M OO OW drum FOt 98.00 No* drum KM 102.00 Copra Mliod (Ioom) 50 Pepper wtWte ro• nlw 1170.00 C 1 A iMV UWW WTIHf KM faq NLW 1155.00 Sarawak ipociod btadi171 words
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Article199 1987-05-04 12 WHEAT FUTURES on the Chicago Board of Trade cloeed higher last Friday, from 1/2 US cent a bushel to 3-3/4 higher, with spot May at US$2.B9-1/2. Some locals were short and bought heavily before the cloee. The US offer of export bonus wheat to the Soviet Union supported the199 words
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Article202 1987-05-04 12 SOYBEAN FUTURES on the Chicago Board of Trade cloeed mixed laat Friday, ranging 2-3/4 US cents a bushel higher to 1/4 cent lower, with spot May up 3/4 at U555.35-1/4. Farmer selling, forecasts for rain over the weekend and trade talk that the USDA sold 300,000 bushels of CCC-owned202 words
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Page 12 Advertisements
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Advertisement459 1987-05-04 12 NOTICES MTKE NOTICE IS HEREBY GIVEN that, I Sim Lye Hock of Blk 141 Tampines Street 12 #09-354 Singapore (1852), have applied for a Retail Beer Shop licence in respect of premises at Blk 142 Lorong Ah Soo #***** Singapore (1953), and that this application will be heard in Court459 words
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Advertisement423 1987-05-04 12 LANDSTAT CONSTRUCTION PTE LTD (In Voluntary Liquidation) NOTICE OP FINAL -4 M lyf NOTICE IS HEREBT GIVEN that pursuant to Section 306(1) of the Companies Act, Cap. 186, a final general meeting of the abovenamed Company will be held on Thursday, 4th day of June 1987 at 11:00 a.m. at423 words
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Advertisement336 1987-05-04 12 TRADER VK'S r A Incorporated in the Netherijnch with limited lubdtt>) FINAL DIVIDEND FOR THE YEAR 1986 The Managing Board is pleased to declare a final dividend of Df1513.50 per share to be payable at the option of the shareholders, in shares and cash or wholly in cash, as from336 words
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MARKET REVIEWS
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Article, Illustration5262 1987-05-04 13 AMY CHEOK - It Singapore B A By AMY CHEOK POST-UMNO election events and the May Day holiday were excuses given for a lees exciting performance on the Singapore stock market laet week. Inveetors turned nervous, withdrew to the sidelines or took profits. The reeignation of two senior5,262 words
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436 1987-05-04 13 1 Hongkong m SHK Research THE HONGKONG market started off badly last week and continued to alida until a strong rebound on Thursday stopped the erosion. The Hang Seng Index cloaed the weak 22.24 points lower at 2,665.37. Sentiment was depreeaed aa the depreciating USSHK Research - 436 words
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280 1987-05-04 13 a 5! Pa r vlAustraiia M AFP AUSTRALIAN stocks last WMk failed to recover all the ground lost in s savage mid-week markst correction, but broksrs ssld the bull run was not yet over. In one of the biggest one-day falls In Austrslian history theAFP - 280 words
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Article486 1987-05-04 13 JULIANA TAY - Wnk wmM April 30 complM by JULIANA TAY SCRIP ISSUES Amcoii Bonus issue of one-for-ten. CORPORATE DEVELOPMENTS DBS Securities Singapore has received oil rite necessary approvals from the colony's authorities to start a stockbroking firm in Hongkong. The new stockbroking firm, called DBS Securities Hongkong486 words
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719 1987-05-04 14 Bond markets go through some toss and turn PI New York FT BOND MARKETS last week tossed and tumbled with every portentous smoke ring rising from the cigar of Mr Paul Volcker, chairman of the Federal Reserve Board; but equity investors tookFT - 719 words
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434 1987-05-04 14 llf H Tokyo AFP TOKYO share prices fell back heavily in hectic trading last week with the Nikkei Average poating a record single-day drop of 831.32 yen on Monday. But the 225-blue chip average chalked up huge gains on Thursday, Friday and Saturday wiped outAFP - 434 words
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907 1987-05-04 14 RAY HEATH - ■muj London From RAY HEATH IF SHARE PRICES in London had not reached an aIMi ma high laat week an official inquiry would have been justified. The stream of good news was so strong that it drowned the few voices907 words
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855 1987-05-04 14 W K.Lumpur 2— 5 4 MBT AN ENCOURAGING START on the Kuala Lumpur laat week was frustrated by political developments which met unfavourable response from investors. As a result, share prices fell back from their highs. Hopes that the market would reach greater heights wereMBT - 855 words
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Article276 1987-05-04 14 NMB Securities AT THE START of the week prices on the Amsterdam Stock Exchange came under pressure as a result of the unrest on the international financial markets. This was reflected in, among other things, a weak US dollar and sharply rising silver prices, which alsoNMB Securities - 276 words
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Article131 1987-05-04 14 FT A UK GOVERNMENT decision is expected soon on the level of cash support for participation by British Aerospace in the development of the next generation of Airbuses the medi-um-range twin-engined A 330 and the four-engined long-range A-340. The government is believed to haveFT - 131 words
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Page 14 Advertisements
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Advertisement948 1987-05-04 14 £3*>Hauupar Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) Notice of Mooting Notice is hereby given that the Eighteenth Annual General Meeting of the Company will be held in the Board Room of United Overseas Bank Ltd, 30th Root, UOB Building, No. 1 Bonham Street, Singapore 0104948 words
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Advertisement251 1987-05-04 14 £&How par Haw Par Brothers International Limited (Incofpordtd in tho Ripubkc of Sin^ipoft) CLOSURE OF BOOKS Further to the Company's announcement dated 25th March 1967, the Directors are pleased to announce that the Stock Exchange of Singapore Lid and The Kuala Lumpur Stock Exchange have given approval in principle tor251 words
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COMPANY NEWS
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Article, Illustration539 1987-05-04 15 ftacma mm™ By HOCK LOCK SIEW AFTER sixteen months of neglect, the grey market is staging a revival. Singspore brokers were last week quoting prices for Avimo with the same matter-of-fact tone they use for quoting a price for, say, Acma. The difference is that,By HOCK LOCK SIEW - 539 words
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Article482 1987-05-04 15 PROFIT-TAKING in Cerebos Pacific came as little surprise last week. After trading within a fairly respectable, if predictable. price band since the beginning of the year, the price shot up towards the end of April on news that the company had joined the ranks of CPF-ap-proved482 words
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LATEST RESULTS
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Article98 1987-05-04 15 In the year to end-Jan, pre-tax profits of M$1.69 million ($2.42 million) on turnover of $72.6 million ($115.9 million). After-tax profits of $1.39 million ($1.67 million). Stated earnings per share of 3.1 cents (3.7 cents). Final dividend of 1.5 cents plus interim dividend of 2.5 cents for98 words
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Article47 1987-05-04 15 In the year to end-Dec, pre-tax loss of M$3.52 million (loss $1.88 million) on turnover of $2.80 million ($3.65 million). Attributable loss of $3.85 million (loss $2.49 million). Stated loss per share of 7.4 cents (loss five cents). First and final dividend of 0.3 cents.47 words
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Article47 1987-05-04 15 In the year to end-Jan, pre-tax profit of M$4.15 million ($11.8 million) on turnover of $129.3 million ($177.7 million). After-tax profit of $779,000 ($4.55 million). Stated earnings per share after tax of 0.7 cents (3.8 cents). First and final dividend of one cent (2.5 cents).47 words
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Article55 1987-05-04 15 In the half-year to end-March, pre-tax profit of M 52.61 million ($2.13 million) on turnover of $32.5 mil- lion ($25.8 million). After-tax profit of $1.80 million ($923,000). Stated earnings per share of 4.6 cents (2.7 cents). Directors are confident that second half-year's results will be as encouraging, if55 words
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Article31 1987-05-04 15 In the year to end- Dec, pre-tax loss of M$4.35 million ($589,000) on turnover of $28.8 million ($35.8 million). Af-ter-tax loss of $4.88 million (loss $1.08 million). No dividend.31 words
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Article36 1987-05-04 15 In the year to end-Dec, pre-tax loss of M$4,000 (loss $839,000) on turnover of $40.1 million ($28.4 million). After-tax loss of $484,000 (loss $1.08 million). Losses per share of 2.2 cents (5.7 cents).36 words
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Article760 1987-05-04 15 AFP LONDON shsres resched new highs last Friday, boosted by Wsll Street's overnight surge, the Japanese move to lower their interest rates, new opinion polls underlying the government's popularity and better-than-expected trade figures. But gains were slightly reduced in places by the rise in US prime rates andAFP - 760 words
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Article, Illustration476 1987-05-04 15 THE UNITED Overseas Bank will launch its second Singapore dollar denominated open-ended unit trust and open a new banking subsidiary in Canada later this year, according to its chairman, Mr Wee Cho Yaw. Mr Wee said the launching of the476 words
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Article, Illustration698 1987-05-04 15 ALVIN TAY - Prudent loan provisions continue to depress results By ALVIN TAY SUBSTANTIAL INCREASES in investment income failed to reverse the downtrend in profitability of both Hong Leong Finance (HLF) and Singapore Finance (Sinfin) last year, as prudent loan provisions continued to affect the financial698 words
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Article218 1987-05-04 15 RESOURCES Development Corporation haa been awarded a $37.3 million contract through a Novation Agreement for the Kranji Sewage Treatment Works Phaae II, Stage 1. The project will be undertaken by RDC in Joint venture with Singapore Piling Civil Engineering Pte Ltd on a 50:50 basis and should be218 words
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135 1987-05-04 15 MBT SELANGOR PROPERTIES is building a Msl3 million water park project to improve tenancy at its multi-billion-dollar Damansara Town Centre by year-end. Speaking to reporters after the company's annual general meeting, Selprop manager Tajodin Sanusi and corporate manager H Y Soo ThoMBT - 135 words
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459 1987-05-04 15 ELAINE KOH - By ELAINE KOH WHILE the investing public may see wsrning signs flaahing when an auditor's qualification is tagged to a listed company's annual report, there has been the suggeetion that a qualified report does not spur the management to dean up459 words
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Page 15 Advertisements
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Advertisement233 1987-05-04 15 INDIA'S STRATEGIC 8 OPERATING ISSUES krdia represents a large and growing market for most products and services, which no company can afford to ignore. However, indk) also has one of the most complex operating environments in the world. To operate successfußy in Indk), it is necessary to understand this envronment233 words
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Advertisement97 1987-05-04 15 CHANGE OF ADDRESS UCO BANK (A Govt, of India Undertaking) Main Branch is back to its prestigious address at Raffles Place We are pleased to inform our customers, business associates, friends and the general public that from today we are functioning from our newly re-developed property 'Bharat Building', No. 297 words
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243 1987-05-04 16 Bernama THE MALAYSIAN government will step up efforts to sttract foreign inveetments into the country end use a new strategy that emphasises the personal approach, according to Deputy Prime Minister Ghafar Baba. He said the new tactic would involve face-to-face meetings andBernama - 243 words
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364 1987-05-04 16 UPI PRESIDENT ZAIL SINGH of India yesterday pledged his commitment to the constitution in the wake of reports he sent feelers to opposition politicians to gauge their support for a plan to remove Prime Minister Rajiv Gandhi from office. The Press Trust of IndiaUPI - 364 words
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Article196 1987-05-04 16 AFP INDIA is to test a long-range surface-to-air missile (SAM), capable of carrying a one-ton warhead. A count-down has begun for the test of a Prithvi' (Earth) missile in June at an undisclosed test range, a ministry of defence spokesman said. The missile, equippedAFP - 196 words
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141 1987-05-04 16 AFP RELATIONS between Australia and Indonesia may suffer "attacks of indigestion" in the future, in spite of recovering from a recent downswing, Australian Foreign Minister Bill Hayden said in Jakarta yesterday. Speaking on arrival for an unofficial visit, his first visit since relations soured lastAFP - 141 words
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343 1987-05-04 16 THE SINGAPORE subsidiaries of electronics giant Nippon Electric Company of Japan have been restructured in line with a corporate exercise to integrate its computer and communications operations. NEC Computers Singapore Pte Ltd and NEC Business Systems Singapore Pte Ltd, suppliers of computers, communications343 words
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Article, Illustration461 1987-05-04 16 MARTIN SOONG - High-tech complex Newton goes it alone Six-storey building will have 42,700 sq m of leaseable area By MARTIN SOONG NEWTON PTE LTD is developing a $100 million high-technology industrial complex independently on its land at Lorong Chuan, after proposed partnerships, including one with a group of American and European venture461 words
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276 1987-05-04 16 Reuter THE PHILIPPINE government has announced a 15-per-cent wage increase for 310,000 policemen and soldiers as campaigning for congressional elections on May 11 entered the final lap. A police spokesman said Armed Forces Chief Ramos announced the rise last Saturday after a tour of keyReuter - 276 words
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LATE FILE
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35 1987-05-04 16 AFP MORE JAPANESE tourists visited ths US last year than Americans visitad Japan, the US Under-Secretary of Commerce for International Tourism, Donna Tuttle, announced in Washington "with great pleasure".AFP - 35 words
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51 1987-05-04 16 AFP THAILAND has bought several million dollars worth of Chinese weaponry, notably T-09 tanks, according to informed diplomatic sources in Beijing. As well as several dozen tanks, the Thais aiao bought anti-aircraft guns and a large quantity of 130 mm cannon shells, the sources said yeeterday.AFP - 51 words
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36 1987-05-04 16 AP THE KOREAN Financa Ministry has dactded to cut import tariffs on an additional 84 items from July 1 to haip dafusa trads friction with tha US. APAP - 36 words
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43 1987-05-04 16 UPI INDIAN POLICE yesterday engaged five Sikh extremists in a gun battle in northern Punjab state that left three militants dead and Paki-stani-made arms and ammunition captured, according to State Director General of Police J F Ribeiro. UPIUPI - 43 words
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Article36 1987-05-04 16 UPI ISRAEL will not allow an international inspection of a nuclear reactor to establish whether Norwegian heavywater has been used to help manufacture nuclear weapons, a Foreign Ministry spokesman said yesterday.UPI - 36 words
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Article33 1987-05-04 16 AFP MILLIONS of Indians are suffering from a severe drought that has left thousands of villages and cities without drinking water, the Press Trust of India said yesterday.AFP - 33 words
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Page 16 Advertisements
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Advertisement487 1987-05-04 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Assurance on tenders 2. UK property courts local buyers 3. Singapore swept up by trade storm 4. Singapore will escape cuts advocated by controversial US trade Bill487 words
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Advertisement280 1987-05-04 16 Personal Computers Licensed MS DOS Licensed Phoenix BIOS Of course everybody Knows that DATAMINI operates on fully licensed DO5 and 8105. Nevertheless, we would like to remind you of the fact that in Dec 1985 we purchased operating licences from Microsoft and Phoenix Technologies Ltd. This of course is merely280 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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468 1987-05-04 17 G DURAIRAJ - By G DURAIRAJ THE PROPOSAL to accord free trade area status to Port Klang is aimed at encouraging more transhipment traffic by reducing Customs documentation for transit cargo as well its storage within port limits. Klang Port Authority's chief commercial officer,468 words
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232 1987-05-04 17 Seatrade Week THE FEDERAL Maritime Commission announced a series of investigations into alleged discrimination against US-flag lines by Korea, Taiwan and China. The announcement follows hard on the heels of the agency's threatened retaliation against Peruvi-an-flag carriers for participating in protectionism. TheSeatrade Week - 232 words
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Article122 1987-05-04 17 Reuter JAPANESE dockworkers returned to work after unions and port managers agreed on labour issues, ending a 10-day strike at major Japanese ports, union and management officials said. They said the agreement came on last Thursday after many rounds of private and official negotiations toReuter - 122 words
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PORTSIDES
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Article94 1987-05-04 17 Reuter A SOUTH KOREAN freighter grounded off Brazil could break in two at any moment and there is no chance of saving it, Brazilian navy officials said. The US$4O million bulk carrier Hyundai New World ran aground off the north-eastern Brazilian state of MaranhaoReuter - 94 words
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Article92 1987-05-04 17 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan Conference has raised its currency adjustment factor (CAF) on shipments to India and Pakistan to 47 per cent from 45 per cent, on Saturday. A similar increase applies to shipments to the Mid-East Gulf ports not covered by the existing temporarily reduced full-container-load rateReuter - 92 words
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Article33 1987-05-04 17 Reuter THE AUSTRALIAN and New Zealand/Eastern Shipping Conference will raise the Hongkong Container Freight Station (CFS) charge to HK$55 from HK$52, effective May 30, because of increased costs.Reuter - 33 words
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731 1987-05-04 18 Reuter A CRIMINAL investigation into alleged large-scale embezzlement in South Korea s biggest shipping company has thrown the spotlight on government intervention in the hugely indebted shipping industry. The president of Pan Ocean Shipping, the recipient of massive loans from banks acting atReuter - 731 words
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339 1987-05-04 18 KINGSLEY WOOD - By KINGSLEY WOOD THE LONG-RUNNING ban on flag of convenience bulkships loading in New South Wales ports could cost the hardpressed coal industry a lucrative contract with Brazil. Brazil is one of the few countries in the339 words
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Article207 1987-05-04 18 AP SOUTH KOREA urged North Korea to return a southern fishing boat and rti 12 crewmen held by North Korea for more than three months. The appeal was included in a message sent by Kim Sang-Yup, president of South Korea's National Red Cross, toAP - 207 words
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Article829 1987-05-04 18 AB Shpg V 5 ABC Container VMI 1 Accord Shpg VI 3 Ahrenkiel liner XI 1 Africa Ocean XN 2 Alltrans VII 3 AC Toepfer IX 5 Anro Service IV 2/3 Arrow I met XII 3 AHos line X 3 ANl «/2 APC line V 4 API829 words
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Article972 1987-05-04 18 THE reported fixing of Panamax vmml to carry grain In conaecuttve voyages over one year from the US Gulf to Holland featured the freight market on Friday, shipbrokers Mid. Although no confirmation of the business was obtainable, the veeael is said to have received a rate of US$B972 words
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Article173 1987-05-04 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line173 words
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176 1987-05-04 19 AP OPERATORS of the British car ferry in which nearly 200 people drowned had rejected a plea from the captain of its sister ship for indicator lights to show that loading doors were closed. Townsend Thoresen, the operators, turned down the proposal but hasAP - 176 words
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422 1987-05-04 19 AFP THE LONG-AWAITED return to a demand-supply balance in shipping "is still some way ahead" despite signs of improvement after 1986, International Chamber of Shipping (ICS) chairman Sir Adrian Swire said at the chamber's annual meeting in London. Sir Adrian describedAFP - 422 words
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285 1987-05-04 19 AP ALL 1,200 PASSENGERS aboard Britain's luxury OE2 liner have been offered a 40 per cent cash refund on their fares when the ship docks in New York today, following a torrent of complaints about problems. "Clearly there were a number of problems on theAP - 285 words
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Article382 1987-05-04 19 TAIWAN shipbreakers will have to pay US$5 per light displacement ton (Idt) to scrapping yard operators in Kaohsiung from June 1. A spokesman for the Operators Committee, a member of the Taiwan Shipbreakers Association, said the payment, tentatively set for one year, will be used by the operators to382 words
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87 1987-05-04 19 AP IRANIAN MARINES intercepted and boarded 14 foreign ships and oil tankers at the Strait of Hormuz to search for Iraq-bound goods. All the vessels searched on Friday by the Iranian navy were allowed to continue after no "suspicious" goods were found on board,AP - 87 words
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8321 1987-05-04 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.8,321 words
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Article1940 1987-05-04 26 A—B A 8 Shipping Boustead Shpg Agencies ABC Gontamerline NV S pore Shpg (S) Accord Shpg Accord Shpg (S) Alrica Ocaan lines Sealion Shpg (S) Ahrankial Linar Kim Shpg (S) Alfred C Toepier Oceanus Shipping Agenciea (S) Multiport Sdn Bhd (PK) Alltrans Alltrana Express American President1,940 words
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Article915 1987-05-04 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy date/time Operator cargo schedule Location Tombong VIII 8176 04 0587 1700 Cahaya F7 0800 0900 E4 P Pierce I28W 04 0587 1800 API F8 0900 1000 R4 ledo Ms 8708 04 0587 2300915 words
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Article397 1987-05-04 27 AT CONVENTIONAL WHARVES VhmI Berth Arrival Departure KEPPEL WHARVES Boogabilla K09 alongside 04 05/0600 E Splendour K15 alongside 04 05/0600 Fengq.ng K35 alongside 0605/2300 Hua Woh KI9 alongside 07 05/0700 Jenson 2 K22 alongside 04 05/0700 lody Dono K16 alongside 04 05/1800 Qinghecheng K29 alongside 0605/2300 Rojah397 words
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313 1987-05-04 28 MAERSK LINE has reorganised its Pacific north west service which has resulted in close to 70 per cent increase in capacity. The Danish carrier has phased in six vessels with an average of 2,400-TEUs to replace a similar number of C-class vessels rated at313 words
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313 1987-05-04 28 AP INSURANCE organisation Lloyd's of London has been accused of covering up South Africa's attempts to sell its banned products in the oilrich Gulf region. The semi-official United Arab Emirates newspaper Al-lttihad quoted unnamed Emirate officials as saying Lloyd'sAP - 313 words
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Article, Illustration172 1987-05-04 28 AP TWO FERRIES collided in fog in the English channel off the south-east English port of Dover on Saturday, but officials said no one was hurt. The collision involved the British freight ferry Cambridge, owned by Sealink, and the French freight ferryAP - 172 words
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277 1987-05-04 28 Reuter SWEDEN looks set to win a US$3.B billion contract to build six submarines for Australia after leading members of Australia's ruling Labour Party endorsed the Navy's preference for the boats. Party sources said two key committees voted unanimously that aReuter - 277 words
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Page 17 Advertisements
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Advertisement983 1987-05-04 17 ,Je »N.*W ?A if f x, Mammoth Hunters Jean M. Auel coronet books AvartaMt HI Good Bookshops /SkJ STP Distributors UM 2 Among Am Rom Singapora 2»i '"tmm o» r»» fmes Outasnne OVEIQEAS Co*toim\ LINE JARWNE SHIPPING AGENCIES (R«f. No. NJW 00K •tiff# 200 CantoMWit tad #124)6 SoumpaM. Smppor* (DOB983 words
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Advertisement114 1987-05-04 17 mm A CRIMINAL investigation into alleged large-scale embezzlement in South Korea's biggest shipping company has thrown the spotlight on government intervention in the hugely indebted industry. Pag« II THE LONG-AWAITED return to a demand-supply balance in shipping "is still some way ahead" despite signs of improvement after 1986, International Chamber114 words
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Advertisement865 1987-05-04 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE But what is lhe price she has paid? Available at all good bookshops MAERSK LINE EUROPE The Direct Line Towards A Weekly Service V°* •'port Tiaa mm Ami M Ctoamg Tim* CY 6/5 2300865 words
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Page 18 Advertisements
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Advertisement338 1987-05-04 18 W&rMtMmwL EUROPE/FAR EAST CONVENTIONAL SERVIQE TEL: 03-*****50 MALAYSIA SON. BHD TLX*. ***** MTM Frt. Booking contact Miss Gan Further load/ discharging ports en route subject to sufficient inducement. L Singapore Office: MTM S pore Tel *****00 Tlx: RS ***** MTMSEA. Fax: *****45. YAMASHITA-SHINNIHON LINE TRANSPACIFIC SERVICES STRAITS FEEDER Pacific South338 words
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Advertisement20 1987-05-04 18 Lines and services represented by Members of the Registry of Accredited f* Shipping Agents. Singapore National V 5 Shipping Association.20 words
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Advertisement562 1987-05-04 18 NOTICES FAR EASTERN FREIGHT CONFERENCE SARAH, RRIINEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GOLF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS GENERAL RAH INCREASE Members of the above named Conferences met in London on 30th April 1987 and decided that in respect of the westbound trade, in addition562 words
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Page 19 Advertisements
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Advertisement885 1987-05-04 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd CONTAINERS*# SERVICE TO UK/CONTVCNT i i STRAITS SHIPPING Singapore to Sibih, Sarawak, Brunei Porta and Bangkok NICHIGOH MRU CITY OF EDINBURGH FRANKFURT EXPRESS KNALDCR KITAMO MARU LARCS MT KAMAKURA MRU •KURAM MRU BENAVO* LIVERPOOL BAY Wfl 01(5 13/5 15,5 m an885 words
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Advertisement791 1987-05-04 19 Antwerp Freight Forwarder wishes to develop traffic, east and westbound, between the hinterland of Antwerp Port (Benelux, France, Germany) and Singapore Port, Malaysia, Philippines, Indonesia. Interested parties should be members of the Singapore Freight Forwarders Association. Please write with full details and proposals to: lOC, AntwipnlMnny 124, bus 21, 2830791 words
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Page 20 Advertisements
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Advertisement248 1987-05-04 20 CONTAINERSHIP SERVICE TO UK CONTINENT AU UK INLAND DESTINATIONS, BELFAST, DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MAUtO. HELSINKI. OSLO. AMSTERDAM CARIBBEAN t S AMERICA CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE CQNTAINERSHIP SERVICE FROM UK,CONTINENT Agents ismrnmSingapore *****66 K. Lumpur *****2S Booking *****78 P. Kelang *****18248 words
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Advertisement737 1987-05-04 20 *XuH» K.S.ljne ,*u* I**"* c— FULLY CONTAINERISED SERVICE [TO f UROPt VIA SUtl lhf Cf CoowtMn Hill V CONTAIN! RISfD 10 (ROM NOR IH flMf RICA rtfSl COASI tr CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL I NOON SPORE LOADING FOR CRYSTAL REED Sid DUBAI. DAMMAM. KUWAIT CROWN MARINE CO (PTE)737 words
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Advertisement354 1987-05-04 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: UK (Newport) SINGAPORE CALICO SHIPPING PTE LTD Tel Z252M TU: RS BUI CALICO FAX: 2MS7I PORT KELANG PERKAPALAN UTAMA SON BHD Tat: KHIIM KOTA KINABALU KESAWAN SHIPPING SON BHD T«t ntm (I Ha«) Fa*: QMC7 K&S LINE JAPAN/HONG KONG/STHAIIS ShRVIUt354 words
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Advertisement981 1987-05-04 20 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) MR GLEAMY J EVER LAUREL 1 EVER GATHER EWER GUIDE 1 EVER LIVING ALSO ACCEPTING CAMO TO FUS OSK TYO KSN CKS HYC lAI MIC FLX RDM ANV LHV SCP IS 1/7 w 15* U* 2iH ZIH 22* 26/6 30/6 2M 14/7 12/7 11/7 10/7981 words
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Page 21 Advertisements
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Advertisement712 1987-05-04 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL GOWA KOTA SINGA MAJAPAHIT SIN JKT SLO SLO 12/5 14/5 2S/5 27/5 SBY SIN SLO 7/5 17/5 29/5 2/6 KEE *MUR *MTC *YOK KOB BUS 15/5 20/5 23/5 23/5 2V5 27/5712 words
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Advertisement603 1987-05-04 21 BLC BEN LINE CONTAINERS |Kf JEBSEN LINE m. NEW ZEALAND i 1 s HKG MTV Aft M Wft Tu LY 25 :os as FRANKFURT EXPRESS 315 JEBSEN TIMARU V4S HUG LAt PORT MORSEBYMTMAKINAWN TU ir Tu ON BLUFF lift flft 2*5 i« 7« M 10* 11* ANANGEL LtAOtR V2S ACCEPT603 words
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Advertisement512 1987-05-04 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES 1 ff.Uiii IR3 ili VESSEL VOY IJ. BONTANC.IIWB GANDA GAMA ISWB PALEMBANG/6WB MATARAM 18WB KUTAII2WB ANTWERP BILBAO BREMEN A DAM'R DAM H BURG 6/6 12* 1/7 11/7 12/7512 words
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Advertisement391 1987-05-04 21 BOUSTEAD SHIPPING AGENCIES HTONEYWA V224W PAGAN Vll3 •PACO Loading (or Europe iSS BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok »fll May 15)17 May 14/15 May 13/1* May lft 20 May 21/22 May BANK UNE NORTHBOUND TO UKC MORAYBANK V3N TAGAMA VIN CLYDEBANK V2ON391 words
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Page 22 Advertisements
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Advertisement969 1987-05-04 22 USA CANADA ATUUITIC COAST (Round The Workl Service) 0 FRIENDSHIP V 2 BROOKLYN BRIDGE V 2 0 FORTUNE V 3 N JADE V 7 SPORE 7 May 15 May 22 May 29 May LB 30 May 6 Jun 13 Jun 20 Jun Li K LINE KAWASAKI KISEN KAISHA. LTD. CHLS969 words
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Advertisement334 1987-05-04 22 AccapMnj LCL and South Africa contetnariaad carooaa Dtoact to Accepting Containers Only OSAKA MARU 2933F HAYAKAWA MARU 3032F HAYAKAWA MARU K3IG S A VAAL 2730G Spore Durban P.Eliz 13/5 25/S 27/5 26/5 7/6 9/6 C Town Durban Sid Sid 7/5 JAR DINE SNIPPING AGEN< 200 CANTONMENT ROAD #12-06 W: 221334 words
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Advertisement645 1987-05-04 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* fttdn f HHanj Liner Vessel S pore MiHt Frew Sydri Alio Accel CAIAB*» *34 10 Ma* HAB'RDAS »34 20 Ma, 4 June 13 June 11 June Adei Bns ESTECUPPE# *14 1 June RAMDAS *29 10 June 25 June 4 July 2 July Adel645 words
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Advertisement754 1987-05-04 22 GOLDEN LINE GUAN GUM SHIPPING (PTE) LID 23. Tato lyr Sbttl smtmm iim til iMJtu oo utsi STRAITS/PERSIAN GULF SERVICE: s-poc PKotnfPon. OOLDEN HARVEST Cotanbo/Karach./Mwa Qabooi/tXibo.l9/20 Mly GOLDEN HAVEN Coioinbo/KaradM/Muscat/Bohrain 21/29 May UNGQUANME J GUCHENC GAO CHENC I KMC CHENC •nil fm Sport KM Sjh M Dm KK tin ifi754 words
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Advertisement468 1987-05-04 22 PHIIIIRON SHIPPING AGENCIES Pit UP PHIII ORIENT lINFS PIE I ID Hf*r. Ofiicf 6i fijeir.iin road ai' AERO RSI* BUIIDWG SIN tPOPi 0106 If I *****?? I iff lIIFI RS ?g 7?0 PHII *****76 MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL I ETA SINGAPORE (DESTINATION rrs s&m nrn EAST/WEST AFRICA/MED468 words
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Page 23 Advertisements
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Advertisement829 1987-05-04 23 NEPTUNE ORIENT LINES LTD SS NEPTUNE AGENCIES PTE. LTD. FE EU/AUST TPA/SU Ttrmmil CFS BOOKINGS Z*****3 V ***** au» 201*3 g*» ggg NEPtINE SON BHD. *****87 NEPLINE SON BHD. *****33 NEPtINE SON BHD. amytzmuxmiiKm NEPLINE SON. BHD. 2JBOa/*****1 TO EUROPE/UK (VIA SUEZ): V* BRIDCE 86* tT* BRIDCE 37* SS BRIDCE829 words
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Advertisement127 1987-05-04 23 ■MaaaMMMMM *1 TAYO INTERNATIONAL PTE. LTD. HI ??47b?S (3 Lines) TLX RS SSIOI TAYQIN PEKAN BARU/DUMAI/BATAM/BELAWAN WEEKLY SERVICES VESSEL ETA ETO DESTINATION PERAWANG SATU In Port 5/5 BELAWAN/CIGADING SINAR MEGA 5/5 10/5 PEKANBARU/DUMAI SARI SAMUDERA 7/5 12/5 JAMBI VIZANAEL 27/4 30/4 PORT KELANG/UJUNG PANDANG* SUBJECT TO INDUCEMENT JVanHii£ine Far Em&t-South127 words
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Advertisement477 1987-05-04 23 OOMAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON P Kelang 65 S pore In Port %i 14/5 205 29/5 3 4 13 6 116 24/6 Busan 16/5 23/5 105 5/6 13/6 1W 27/6 2/7 1/7 Vessel s N»me No 6 Donam 705N No477 words
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Advertisement481 1987-05-04 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. KELAMC PCNAN6 lIS HANDLING SYSTEM CO SON. (NO MESSRS NAI THONG SHIPPING 127 Nwv Strati r—ni481 words
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Advertisement47 1987-05-04 23 FERI MALAYSIA SDN. BHD. RORO CONTAINFR PftIIfIISID WfKIY SfRVICF 10 CIIAN'AN KUCHING MNABAUJ AISC ACCEPTING SHF DRIVEN HFAV* VtHICIFS 19, K«ppd Rood #05-02/03 ill Po* Mdhg S'por. 0206 Tab *****38 (5 Urwt) Tbu IS ***** SCA*O Fox, *****25 looking Agon* IM-S. P* Ud Toll *****35 (5 Urwt)47 words
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Page 24 Advertisements
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Advertisement416 1987-05-04 24 SINGAPORE SHIPPING CORPN.CPTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAO VLB DEUTFRACHT SEEREEDERt I ROSTOCK hVlli IraaßgifVi i.ii LLJ ma sal •VIA COLOMBO Accepting cargo for Bombay. Cochin Madras "VIA LARNACA Accepting cargo for Piraeus. Thessaloniki. Izmir. Istanbul. Mersin. Limassol. Beirut, Alexandria.416 words
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Page 25 Advertisements
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Advertisement398 1987-05-04 25 Fast Direct Regular Services to INDONESIA PORTS PADANG/SEMARANG/ PANJANG/CIGADING/BENGKULU VSL ETA ETD LOADING FOR NAGAJAYA 12.5.87 14.5.87 PANJANG/PADANG WANTED TO BUY VSI IT* DWT: 2000-3000 BIT: 1072-1878 Doily Receiving Cargo At PPW/Jurong Port/Marino PERITA SHIPPING i TRADING PTE LTD TEL: *****M/S3MS2S TUt: 42M2 PERITA ©POM TtONG CHOON SHIPPING PTL LTD.398 words
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Advertisement336 1987-05-04 25 Leave it all toNYK N YK Group's total services are your assurance of total satisfaction. f? r 4 v The NYK Group provides door-to-door total global service for your shipment. By integrating truck, train, plane and ship with our computer simulation program, NYK can save you time, money and aggravation.336 words
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Page 26 Advertisements
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Advertisement310 1987-05-04 26 1 TO: EUROPE lO (HESTBOWD) FROM: EUROPE (EAST-BOUND) i i rnrnm GLOBE TRADCR EM EM El EM mnm MEBuunaaioiniiiiEJCiEi EBB EM EM EM [^BEM!EMB3IBM ,TT^MMEM^ r M EM EM EM EM nfiisiiiJiflffiniinnriri SUNSHIP AGENCIES PTE LTD -20 AAcCoawn Sfrwi #16-01/03 'Alio Chomban, Slngopor* 0106 *****22 (7 Rnm) I Fax: *****05310 words
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Advertisement446 1987-05-04 26 FINE LINER SHIPPING PTE LTD 70 Shenton Wi» 04 02C Marina House S pore 0207 TEI *****77 (6 Lines) TLX RS ***** FLINE* EUROPE SERVICE {""■"■V iiTn/Mi".' .ir—rv» T *•»w «'3 II I 13 IS II FAR EAST SERVICE MIDDLE EAST GULF SERVICE POM CM) HQ DU( SMj ADS DAM446 words
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Advertisement583 1987-05-04 26 ZIM FULL CONTAINER SERVICE accepting FCULCL carton to USA East i W«st Coast. Carribbean.Eatt Canada. HAITI, Port Au Spain. Barbados N ST. LUCIA AUSTRALIA CONTAINER SERVICE ACCEPTING CAIKO TO ADELAIDE ¥1A MELBOURNE AND ALSO Fa TO GUAM. r-ZIM EILAT CONTAINER LINE ME VCE TRS VESSEL TUNC HAI NO 2 ZRR583 words
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Advertisement467 1987-05-04 26 Everett Tmesl COMPANIA PERUANA D£ VAPOREES (C.P.V.) "PERUVIAN STATE LINE" laadM tar CaOeo, Mataram, 0a and al other Pvumm parti art* Kobe On CPV Thrwoi Mb d Ladmf to liml itwliilwn Parang* P. Kelang Tinpper MANOLOEVERETT johneverett MURRAYEVERETT 'EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE OADING FOR HONGKONG*, YOKOHAMA, KOBE,467 words
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Page 27 Advertisements
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Advertisement271 1987-05-04 27 Hamburg West Germany. Tiger Line Common Carrier Feeder Services SINGAPORE INDIA VESSEL VOY SINGAPORE CALCUTTA MADRAS PRELUDE* Oil 15-15 MAY 21-23 MAY 2t-2t MAY Common Carrier Feeder Service For Main Lino Operators Only, fro BE RE-NAMED TIGER BAY) Agents: C.F. Sharp Company Pte. Ltd. Telephone: 220 1422 Telex: RS *****271 words
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Advertisement218 1987-05-04 27 PERCH ICCM UNCI (Perfect China Ocean Shippinf Lines) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI A OTHER PORTS CHINA SERVICES Etd. S PORE Etri. PKLG WEEKLY SAILINGS WORLDWIDE SERVICES ACCEPTING CONVENTIONAL. CONSOUOATION (LCL) AND FCL CAR GOES WEEKLY FROM SINGAPORE, PORT KELANG AND PENANG TO: PUT LMNS218 words
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Advertisement266 1987-05-04 27 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA VESSEL VOY ETA ETD ETA ETD RATU 02/03 IN PT 05/05 07/05 09/05 KONSORTIUM 04/05 11/05 12/05 14/05 16/05 06/07 18/05 19/05 21/05 23/05 PRABHAKTI 56/59 07/05 06/05 10/05 12/05 60/61 14/05 15/05 17/05 19/05 62/63 21/05 22/05 24/05 26/05 SINGAPORE/SURABAYA VESSEL266 words
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Advertisement713 1987-05-04 27 CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 1 K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8. *****8, *****5 07-*****1, *****3. *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE LOADING FROM: GOTHENBURG. BREMERHAVEN, HAMBURG. ROTTERDAM OTHER ONIONS: AARHUS, AMSTERDAM, ANTWERP BASLE, BREMEN, COPENHAGEN, LE HAVRE, HELSENKI,713 words
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Page 28 Advertisements
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Advertisement390 1987-05-04 28 fs> FARGO SHIPPING COMPANY (PTE) LTD: REGULAR EXPRESS FULL CONTAINER AND LCL.-SWVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europ*/M«<lit«rran«an •Accepting FCL, LCL and Conventional 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CONTINENT PACIFIC CONTAINER LINE JOKING AGENTS FREIGHTRA FORWARDER FAR EAST390 words
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Advertisement259 1987-05-04 28 COLUMBUS LINE REEDEREI GMBH (A SERVICE Of HAMBURG SUD> EXPRESS SEMI CONTAINER SERVICE TO NORTHBOUND TO UKC MORAYBANK V3N TAGAMA VIN CLYDEBANK V2ON FORTHBANK VI9N RDM/A DAM HBG HULL (U.K.) uys is/6 an 22/6 26/6 30-6 >8 v V •Alto Accept"* FCL to Artwwtfßrwn/Watow/SoiidwvtoiVßaHwt/Cotiw**! SOUTHBOUND FM UKC TO PAPUA NEW259 words
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Advertisement197 1987-05-04 28 SERVICE MODERN DUTCH FLAG VESSELS cargo* tor South AMu Contact: LM. IHPWMO PTC LTD 1 MarfMnw ftqwara #12-19 Wortd Trad* Canto*, Tal: 273M11 Taias R8 50*71 Fax: 27*37«1 Arrow Lines IS'PORE/COLOMBO/S. AFRICA VSL S PORE COLOMBO DURBAN CAPETOWN ARROW PRINCE 12A 5/6 10/6 22/6 2/7 ARROW KING 16A 21/6 26/6197 words
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Advertisement398 1987-05-04 28 OSK MCfcL MitsuiO.S.K. Lines. .Ltd FULL CONTAINER UK/CONTINENT (TRIO) MEDITERRANEAN (MED CLUB)* a* V m Tiapairi P. Ui| riM r»H« tn Trtaa* TET 7«*» am, urn* aMr a aa* ?j«* > u Mm mjm > Wrn 1J» 17 Jm HMm aMm SMm I tm IMm Htm S Mm V Mm398 words
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Page 28 Miscellaneous
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Miscellaneous165 1987-05-04 28 Regional Weather m fl el I s *4k T« c 031 Si A' r.'jf SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature c ±j Qwer Weother Wind direction with speed in knots Rom Cloudy Sky W„v. h„gM Surface winds ore indicated by arrows which165 words
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