The Business Times, 5 January 1988
1988-01-05
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The Business Times
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Title Section11 1988-01-05 1 BUSINESS TIMES MCI (P) 95/12/87 TUESDAY, JANUARY 5, 1988 75 CENTS11 words
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Article151 1988-01-05 1 OvtrNM marked Monday HK Hang Seng Indox 2286.29 Tokyo Nfckoi Average *****.04 Sydney All-Ordinaries 1297.5 Friday Now York (Dow Jones) Oowd London (FT 30 Indox) Clo*od Exchange nrtn US$« 122.00/10 yon 1.5805/15 DM S$1.9990/2.0000 £i US$1.8770/80 MS. SS0J012/19 Simex Euro-S (Mor) 92.52 (-1 DM(Mor)0.6365(+17) Yon (Mar) 0.*****5151 words
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Article34 1988-01-05 1 Reuter WALL STREET stocks rallied yesterday as the US dollar rose in New York and on world markets following central tank intervention. The Dow 30 index gained 22 to 1961. ReuterReuter - 34 words
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Article30 1988-01-05 1 AP SHARE PRICES opened higher yesterday on the London stock exchange. The FTSE 100 index opened at 1,725.9 at 0900 GMT. up 13.2 points from last Thursday's close. APAP - 30 words
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Article, Illustration322 1988-01-05 1 MAJOR ASIAN stock markets closed lower yesterday but Singapore bucked the trend to finish slightly higher on late bargainhunting in thin trade. The local market had opened quietly and drifted downwards on light profit-taking as investors stayed on the sidelines in view322 words
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154 1988-01-05 1 Reuter THE HONGKONG government had prepared a contingency plan in case the stock exchange committee refused to cooperate with a graft investigation by the Independent Commission Against Corruption (ICAC). Secretary for Monetary Affairs David Nendick said the move involved "some sort of legislation" butReuter - 154 words
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Article, Illustration344 1988-01-05 1 THE US DOLLAR plunged to a new low in Tokyo yesterday but stopped short of breaking the 120 yen level and recovered to close higher as rumours spread that the US Federal Reserve was intervening in other Asian markets to support the currency. The rally344 words
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Article278 1988-01-05 1 UPI THE AMERICAN economy posted a vigorous December performance, growing far faster than in November and auguring well for expansion in 1988, a monthly survey of the US's corporate buyers said on Sunday. The National Association of Purchasing Management s Business Committee, which pollsUPI - 278 words
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167 1988-01-05 1 Reuter US COMMERCE Secretary William Verity says he expects the US trade deficit to decrease in 1968 because of the falling dollar and despite trade imbalances with Japan and other Asian nations. In an interview with Newsweek, Mr Verity said of the deficit:Reuter - 167 words
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449 1988-01-05 1 Fewer companies make it to Billion Club THE OCTOBER stock market crash has denied a number of promising companies places in the elite Billion Dollar Club in BT's latest ranking of the top 100 companies listed on the Stock Exchange of Singapore based on market capitalisation. The club membership has449 words
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545 1988-01-05 1 MARTIN SOONG - Temasek considers offer for Singapore's shares By MARTIN SOONG ANGLO-DUTCH oil major Shell is making a pitch to buy out Singapore's entire stake in the Pulau Ayer Merbau petrochemical complex. if the deal goes through, it would be a major regional coup for Shell,545 words
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Page 1 Advertisements
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Advertisement85 1988-01-05 1 Nikon Th« World's hnest Photographic System SP^'TW TT> e be st Fin O ur A T haiSharV /< r ,n cuisw is the talk you can n o 3*-town. delicious f a h ave same elegit S our Restaur ant tQ o <l Theatre praised Sh 5 ggafood c^u "Soup85 words
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Advertisement383 1988-01-05 1 Hock Lock Slow, Pag* 13 Now doputy CEO, Pag* 13 Full report, Paga 12 Ragkmal martate, Pag* 14 Aussies look ahead NO DRASTIC economic downturn. Rather, a slower growth. Businesses will be able to carry on without too many disruptions in the new year. Still early yet to feel the383 words
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Advertisement48 1988-01-05 1 Nikon The World's Finest Photograph" System BT Top 100, Pag* 15 Shipping Times comet as a separate section today. Make sure you get your copy. BOUTIQUES ky mu/t" d? (artier #01 36. Lucky Plaza, 304 Orchard Road Tel *****27. #01-04. Hilton Shoppng Galery, 581 Orchard Road Tel *****9548 words
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HOME NEWS
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Article, Illustration421 1988-01-05 2 LILY FERNANDEZ - Focus on wage reform, training and higher retirement age By LILY FERNANDEZ WAGE REFORM, more worker training and a higher retirement age are targets the National Trades Union Congress hopes to achieve this year. These targets were spelt out by NTUC Secretary-General421 words
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Article83 1988-01-05 2 JOHN EVANS, chairman of the Singapore international Chamber of Commerce, has been named an officer of the Order of the British Empire (OBE) in Queen Elizabeth's New Year honours list. Mr Evans, chief executive of Orient Lloyd Pte Ltd, has been in this part of83 words
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Article52 1988-01-05 2 A 10-LECTURE course on The Law of Tort by the NUS's Department of Extramural Studies will start on Jan 11. The course will be held every Monday from 7pm to 9.30pm at the Institute of Education. The fee is $100. For more information, contact the department on 732-205552 words
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334 1988-01-05 2 WILLIAM CHIA - By WILLIAM CHIA MARINA SQUARE is setting aside $1 million for its official opening later this month. The month-long campaign, scheduled to start on Jan 21, will continue until Feb 16, the eve of the Chinese New Year. Mr Michael Leong, centre334 words
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239 1988-01-05 2 A BAKER'S DOZEN of professionals from Singapore's oil and gas industry will be presenting papers at the 7th Offshore South East Asia Conference next month. The Singapore speakers at the four-day conference, from Feb 2 to Feb 5 at the World Trade239 words
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Article66 1988-01-05 2 THE Board of Film Censors will operate out of new premises at Hill Street Building from Jan 11. To prepare for the move, the board's preeent premises will be closed to the public on Friday and Saturday. The board's new addreea and telephone number will66 words
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446 1988-01-05 2 TONG SUIT CHEE - By TONG SUIT CHEE A SWEDISH transportation systems company has set up an office in Singapore to tap the markets in th« region. VTS Transportation Systems Corporation, a member of the Volvo group, provides consultancy in transportation as well as computer systems for446 words
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166 1988-01-05 2 PUBLICLY-LISTED Singapore Airlines continued to improve on its performance in November last year. Figures released by the airline yesterday showed that 456,000 passengers flew SIA in November last year, a rise of 9.1 per cent compared with the same month in 1966. The national166 words
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296 1988-01-05 2 A JAPANESE-BACKED training centre intends to train more government officers from Asean countries this year rather than workers of private companies. Mr S Motokawa, general manager of Japanese HydroPneumatic Technical Centre, said about 80 per cent of the centre's resources and activities296 words
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Page 2 Advertisements
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Advertisement129 1988-01-05 2 Alley Photo Traders Pte Ltd #03-40 Centre Point Audio System (S) Pte Ltd #03-89/90 Lucky Plaza Dynasty Electronics Pte Ltd #04-106 Far East Plaza Generation Electronics Pte Ltd #01-55/56 Sim Lim Square Dubbed once. Dubbed three times. Dubbed TWENTY TIMES. EVEN A ONE-YEAR-OLD'S EARS CAN'T TELL THE DIFFERENCE. BECAUSE DAT129 words
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OVERSEAS
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262 1988-01-05 3 AFP JAPAN'S Labour Ministry has begun a feasibility study on opening the labour market to skilled and semi-skilled foreign work- ers, the Yomiuri Shimbun reported yesterday. The move came in response to growing pressure from abroad to internationalise Japan's la.bour market asAFP - 262 words
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171 1988-01-05 3 Reuter AUSTRALIA plans to change its diplomatic ground rules to re- store normal relations with Fiji, now under a military-backed administration, government officials said in Sydney yesterday. The move would allow Australia to maintain diplomatic re- lations with the state of FijiReuter - 171 words
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Article1009 1988-01-05 3 ARRIVALS Operator S«rvtc* Local From numbor timo SU SQ1I 0115 LAX/NTT CAl 0341 0155 TP* NCA KZ205 0240 NRT JAL J LA 17 0305 TYO FT FT75 0315 JFK/DFW/IAH/ OtO/ANC/NtT CAL MNL/TPf Q333 0405 TPS MAS MH681 0620 KUL SU SQ417 0620 0X8/KHI sv SV398 0635 JED/RUH1,009 words
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469 1988-01-05 3 Reuter SAUDI ARABIA has imposed sweeping new import tariffs to protect local industry and reduce its large budget deficit, the Arab News reported on Sunday. Hamad Rushoudi, directorgeneral of customs, told the newspaper that effective from Jan 2, duties of 12 per cent were leviedReuter - 469 words
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Page 3 Advertisements
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Advertisement63 1988-01-05 3 fI JM \l J|w \r\ If I V The business person's choice. every I I II 111 I Tuesday, Thursday, Saturday and I M mm W\ \l II M Sunday. Leaving Changi Airport at J- V.V>/-1_ J_ V««X 22:05 hours and arriving at Lester B. Pearson International Airport the following63 words
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Advertisement296 1988-01-05 3 Sharp's In\bur Corner f Advanced ultra-compact facsimiles J with "front delivery" paper systems to work in your corner, at your elbow or on your desk F 0-600 872-87 FAX 118 Facsimile with Front Paper Delivery 52-number automatic dialling. High-speed 15-second transmission Auto-contrast adjustment. Fine mode transmission. FO-200 871 87 FAX296 words
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Page 3 Miscellaneous
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Miscellaneous39 1988-01-05 3 Doonesbury S&mXHART* TEPMcCORKLe, SIR. TM YOUR. lOHJA STAFF... TVE \XJST HEARP THAT ONE OFTHE 3i6 PAIUES HERE IS ABOUT TO GO WTTH INFORMATION TH&fcOEVEIOFED ABOUTAiu&v UAtSONS INYDURPAST. I THOUGHT YOU HARIWSi W I m m m fl damn... r39 words
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COMMODITIES
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Article, Illustration460 1988-01-05 4 NYT ASK A TEXAN oilman about the outlook for oil prices in 1988 and the answer typically is about US$lB a barrel, or a little more than US$l above the spot price last week for American crude. But industry analysts generally have turned more pessimisticNYT - 460 words
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134 1988-01-05 4 AFP THE ASSOCIATION of Tin Producing Countries (ATPC) said yesterday that its executive committee would meet next week to assess an export-control scheme and work out details of a new plan. ATPC executive-secretary Redwan Sumun said the meeting would start on Jan 12AFP - 134 words
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403 1988-01-05 4 Reuter SAUDI ARABIA is projecting an oil revenue of 68.94 billion riyals (US$lB.4 billion) for 1988, according to a breakdown of the new budget released last week by the Ministry of Finance and National Economy in Riyadh. The breakdown elaborated on broad outlinesReuter - 403 words
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Article122 1988-01-05 4 THE STRENGTHENING oI storting against the ringgit pushed the price of tin on the Kuala Lumpur Tin Market (KLTM) 12 cents higher to MJ17.17 per kg yesterday. Prices opened unchanged, but demand for 170 tonnes at the start helped values move up gradually. However, buyers were rationed by122 words
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Article360 1988-01-05 4 SINGAPORE The market closed higher yesterday with February One RSS buyers quoted at 218.75 cents a kg, up 1.75 cents from last Thursday's close. Prices opened slightly lower but recovered at midday on some trade buying interest. Trading was thin. In the afternoon, prices gained further ground on light360 words
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Article92 1988-01-05 4 THE NEW YEAR started quietly on the products market yesterday with most Japanese busy with New Year celebrations and few Western traders willing to make moves. Traders in Singapore were wondering whether the possibility of lower-than-average refinery runs for January would herald firmer product prices. USS/borral Gone*92 words
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Article250 1988-01-05 4 RAS prices In 8 cwlrtg, FOB In b«!«i B NOON CLOSE ftvyors S#N#n Buyors InT 1 RSS Prompt 221.00 222.00N 221.75 222.75N Int 1 RSS Fob 88 218.00 218 50N 21 8.7 5 219.25N Int 1 RSS Mor 88 216.50 217.00 217.25 217.75 Int 2 RSS OP250 words
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Article79 1988-01-05 4 (canti/kg, t -tor po«*n) FEBRUARY 88 MARCH 88 (currant month) (forward month) RAS NOON •vy*n S*M«r< NOON lwy*fi S*IUr< SS8 30 333.00 335.00N 233.00 335.00N SSB 50 33 MO 333.50N 331.50 *****N MRELB lvy«fi Saltan feyn SM* cV 377.00 279.00N 37a.00 2S0 00M SMR L 377.00 379.00N79 words
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186 1988-01-05 4 Reuter INDONESIA PLANS to boost rice output by over one million tonnes a year for the next two years by planting more of a special variety of high-yielding rice, the Agriculture Ministry said. Ministry officials said Indonesia plans to growReuter - 186 words
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575 1988-01-05 4 AFP INDIA produced a record 665 million kg (1.463 billion pounds) of tea in 1987, but it* exports fell below its target. Traditionally the world's leading producer and exporter of tea, India lost a substantial portion of the hard-currency markets to up-and-coming rivalsAFP - 575 words
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371 1988-01-05 4 Reuter AFTER ENJOYING a banner year in 1987. the booming Canadian forest industry is expecting healthy profits through 1988. Although some companies are concerned about the stock market US housing starts, new timber-cut-ting fees snd union negotiations, most firms agree 1968 proepects lookReuter - 371 words
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Article344 1988-01-05 4 HONGKONG: The metal closed lower yesterday because of a late recovery in the US dollar, following active support for the currency by Japanese and European central banka. Bullion settled at U*****.00/50 an ounce against an initial U*****.85/488.35. This compared with last Saturday's close here of US$4BB/489 and laat344 words
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Article277 1988-01-05 4 Crab* palm oN Mures closed lower yesterday in active trading on the KLCE. Spot month January eased Ms 94 to M 51,003 per tonne. February fell Msl2 to M 51.102 and March was MsB lower at MSI.IOI. Turnover fell to 955 lots from 1,090 last Thursday while open277 words
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Article194 1988-01-05 4 Chinese Produce Exchange Se**n' noon doting p ton 4 (SS/100 kg) ricM on Coconut oil M FOt 104.00 Oid drum FOt 114.00 N*w drum FOt 118.00 Copra Mix*d (Ioom) 58 Pepper Munlofc wtiiii FOt l*W —XJOfOWOi WTwTe 1187 JO FOB foq NLW 1172 JO Sarawak ipadal Wacfc FOt194 words
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Page 4 Advertisements
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Advertisement165 1988-01-05 4 ANG TAI-CHI and MOVING MEDITATION Group practising will be heW at St Ignatius Hall on Tue Thur Bpm 9pm Commencing on 12th Jan 1988 9 SPECIALLY PREPARED LESSONS Individual practising arrangements ♦or busy professionals will be held at Far East Shopptng Centre. Also available on Tai-ji Video Course For your165 words
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Page 4 Miscellaneous
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Miscellaneous50 1988-01-05 4 i /sS' Singapore OUTLOOK: VMy «Nh occHtoAifl ihowfi In ••port for 24 town prior 7.30pm on ion 4 at tfw Rainy tfay* Mai Now Dotti Now York Rio 'J onolro Romo Son Fris'co Son Juan t n 'Oyc Soo Powte Sydnoy Taipoi Tol Avfv Tokyo Toronto Voncouvof Vlonna Wortow ▼▼ow^mgroo50 words
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Page 5 Advertisements
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Advertisement359 1988-01-05 5 How the best engineered ear in the world was built with the chips down. A If > e safety, power, fuel efficiency and driver's comfort. Which is why they are always the best. (Our computer-aided functions can monitor the different octane levels of the petrol being used, measure engine temperature,359 words
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MONEY AND EXCHANGES
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Article240 1988-01-05 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels after quiet trading yesterday. Operators were sidelined due to a lack of interest with the market awaiting US November construction. December unemployment and November trade data. Term rates were steady to slightly higher at the outset underpinned by weaker240 words
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Article1063 1988-01-05 6 SINGAPORE: The US dollar yesterday recovered from the morning s record lows against the yen and mark to close firmer compared with New York's last Thursday's close. Trading was moderately active and the Bank of Japan's intervention throughout the day coupled with shortcovering interest helped the dollar to1,063 words
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Article, Illustration180 1988-01-05 6 Indicates the mr«fl« <* thm prim* lending rates oI 12 ma for banks In B'pors A Interbank market rates (offer/bid) on Jan 4 us$ DM SWFC Y«l 7 dayi 7 3/1* 1/1* s/« 1/2 3 5/1* 3/1* i i/a -1/4 4 7/1* 5/1* 1 a* 7 3/14180 words
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Article63 1988-01-05 6 THE OVERNIGHT rate on the Singapore interbank market fell point to close at 2 per cent yesterday. The one-month term rate remained unchanged while two and three months fell 1/16 each. S$ Interbank rates at 12 noon yesterday: om no OrmmgN 2 17/1 1 iwu<<h 3 1 363 words
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Article84 1988-01-05 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER HIGH LOW 3 months BQ*****N 31.3.88 2.80 275 2.90 2.83 6 months BS*****S 21.4.88 2.86 2.81 2.90 2.83 1 year BY*****T 24.11.88 2.41 2.36 Government notes and bonds Period issue Maturity Coupon Yesterday's closing Day's code84 words
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Article565 1988-01-05 6 MARCH Eurodollar opened sharply lower at 92.42 yesterday in line with the sharp decline in the US dollar and remained depressed in early trading. Prices, however, recovered on short-covering following the rebound in the US currency in Tokyo. The March contract managed to recover from the low of 92.41565 words
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Article1613 1988-01-05 6 CURRENCY FUTURES OPTIONS Monday, January 4 1967 —WO—OIK (MMEX) Jan M can* Jan M puli M* Lav Ml Lot M 54 CM 57 66M M5 CM M S4M 545 CM 59 44M 445 CM 40 40M 345 J 41 3IM 344 3 43 337» 171 4 43 1434 M1,613 words
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Page 6 Advertisements
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Advertisement109 1988-01-05 6 This announcement appears as a matter of record only. Nov 1987 P.T. BT LIPPO GRAHA LEASING U5530,000,000 Guaranteed Revolving Loan Facility Lenders Mitsui Trust Bank (Europe) S.A. The Mitsui Trust Banking Co., Ltd Singapore Branch Guarantors Banca Commerciale Italiana, Singapore Branch The Fuji Bank, Ltd Singapore Branch The Kyowa Bank,109 words
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Advertisement9 1988-01-05 6 SB BANQUEINDOSUEZ 3 Shenton Way. Shenton House, Singapore 01069 words
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BANKING AND FINANCE
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561 1988-01-05 7 Reuter AN AMBITIOUS SCHEME for a unified currency system among six Gulf states has run out of steam, with leaders reluctant to sever a traditional link to the dollar and turn their back on Washington, bankers said. Moderate Gulf states appear to have decidedReuter - 561 words
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Article81 1988-01-05 7 Reuter FAI INSURANCES LTD has built up a 5.43 per cent stake in Pearl Group PLC, the parent company of Pearl Aaaurance Co, Britain'a second largest industrial life office. In a letter to Pearl releaaed to the Australian Stock Exchange yesterday, FAI said itReuter - 81 words
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Article71 1988-01-05 7 Reuter TAIYO KOBE BANK Ltd's Hongkong branch is planning a HKSSO mjllion certificate of depoeit issue, sources in the colony said yeeterday. The issue, which matures on Dec 4, 1991, carries an 8 per cent coupon payable quarterly. The payment date is Jan 15.Reuter - 71 words
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282 1988-01-05 7 AFP THE SEVEN leading Western industrialised democracies, gathered in the G-7 group, included secret clauses in their Dec 23 accord on exchange rates that coordinated their actions to stabilise the dollar, French Economy Minister Edouard Balladur said. In an interview published yeeterdayAFP - 282 words
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Article, Illustration246 1988-01-05 7 AP CHIN SOPHONPANICH, a poor shop apprentice in Thailand who later founded South-east Asia's largest bank and became one of the region's richest men, has died He was 77. Chin died at Bangkok's Bamrungrad Hospital on Sunday night, of heart failure brought onAP - 246 words
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894 1988-01-05 7 NYT FOR YEARS, th« financial world considered Stephens Inc something of an anomaly. The privately held brokerage firm in Little Rock, Arkansas, had US$5OO million in capital ss much as many of the big Wall Street houses but it was neitherNYT - 894 words
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591 1988-01-05 7 NYT THIS YEAR will be traumatic one for the United States' banking industry, a period in which the process of wholesale restructuring will accelerate. Regional banks will continue to consolidate into bigger and bigger institutions, while the traditional behemoths based in New York, ChicagoNYT - 591 words
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391 1988-01-05 7 Bankers see further drop in value Reuter THE INDONESIAN RUPIAH is following the dollar down and putting further pressure on the country's debt repayments, according to bankers. The fall, particularly against the yen, is increasing pressure on debt repayments, that are expected to takeReuter - 391 words
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196 1988-01-05 7 TRADING VOLUME of the Singapore International Monetary Exchange more than doubled in 1967 thanks, in large part, to the volatile financial markets. Turnover in Simex futures and options contracts last year totalled 2.14 million lots, more than 2.5 times the 875,566 lots traded in196 words
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270 1988-01-05 7 Reuter THIS YEAR is likely to be a tough one for the Eurobond market following its sobering experience in 1967, market analysts say. The short-term problem, they say, is the US dollar the currency of choice for moet Eurobond borrowers. Non-US inveetors areReuter - 270 words
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177 1988-01-05 7 ASIA COMMERCIAL BANK has named a new president following the restructuring of its organisation that took effect on Jan 1. ACB, which is the tenth largest local bank, alao announced K would move its head office and main branch from its Mistri Roed177 words
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Page 7 Advertisements
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Advertisement115 1988-01-05 7 An event to take Asian Electronics Manufacturers into the next decade Internepcon/Semiconductor Asia/Pacific '88 is poised to take on the challenge. The 1990s hold tremendous potential. However, Asian companies are aware that realisation of this potential will come only if they utilise the latest design, production and testing techniques. Internepcon/Semiconductor115 words
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PERSPECTIVE
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Article591 1988-01-05 8 WITH AN OPEN ECONOMY and a heavy reliance on trade with the rest of the world, 1988 is not going to be any different for Singapore in that its economic performance will continue to be influenced, to a very large extent, by external factors. How591 words
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Article, Illustration1579 1988-01-05 8 FLORENCE CHONG - Even as Australians happily plunge into their bicentennial celebrations in 1988, economic problems on the domestic front are surfacing and threaten to slow down the country's growth, reports FLORENCE CHONG in Sydney. FLORENCE CHONG AUSTRALIA'S economic growth it expected to move into lower gear this1,579 words
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Article, Illustration2082 1988-01-05 9 BRIAN GOMEZ - The American bases in the Philippines are finding themselves during peacetime the target of strong attacks. Foreign Editor BRIAN GOMEZ was among several Asean journalists who were given a tour of the installations recently. In the following articles, he examines the2,082 words
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Article585 1988-01-05 9 THE AMERICAN military presanca in tha Philippine* provokes axtrame reactions from their Filipino hosts. Thousands of Filipinos seek amploymant at tha bases becausa of tha relatively high wages paid by tha US Navy and Air Force. As long-time US government employees, many of these workers eventually qualify585 words
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Page 8 Advertisements
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Advertisement144 1988-01-05 8 Fascinating Sound Svstem. l >;T' You'll find Bbupunki wtoww this nun it dispiavrd The New York SQR 05 is a pure radio/tuner/cassette combination of the highest quality designed to be coupled to one or more separate Blaupunkt amplifier BQA 107 (4 x 25 Watt) or BQA 160 (4 x 40144 words
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Advertisement289 1988-01-05 8 oCoa Solution to BT's Giant Christmas Crossword Across: 1, Asia. 4, Grubs. 7, Aspic. 10, Arch. 12, Ssnts. 14, Tot. 15. Hosts. 17, Frost. 20, Apple. 21, Trss. 23, O Littls Town. 24, Fowl. 26, Qooss. 27, Esris. 28, Slsd. 29, Bobby. 30, Vicsr. 31, Sign. 32, Fssst. 37, Tango.289 words
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Page 8 Miscellaneous
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Miscellaneous695 1988-01-05 8 mrnMmmmzmi) CRYPTIC PUZZLE ACROSS 3 What a pity it's so windy! (5) 6 Catch a chap with some raain (5) 10 Ona it in tham for yaara (5) 11 Bcottiah garmant? (3) 12 Ba obliged to a Pola for tha port (5) 13 Daiivararl (7) 15 Tha sort of toaster695 words
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Page 9 Miscellaneous
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Miscellaneous1178 1988-01-05 9 to cm mm a 12 MM OptnlnQ AivKMWifMrt ond by Carol Burnett And Friends. on Ihb week's dww. TanofM—i Tho Wand Of The Gun (Soo Nghlghts). 9.0S Only Foob And Horses Worid Mo Won Doubles Championship'B7 (Flnol). (Czechoslovakia)» Kon Roch and Robert Soguse (America). 15 Ml Opening and Programme L1,178 words
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SPORTS & LEISURE
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Article, Illustration267 1988-01-05 10 Matti Nykaenen in the style of a flying Finn Reuter MATTI NYKAENEN of Finland underlined his almost total supremacy of the season's ski jumping with his sixth World Cup victory in seven outings in the 90-metre event at Innsbruck, Austria, on Sunday. As in Garmisch-Partenkir-chen last week, Nykaenen waa theReuter - 267 words
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303 1988-01-05 10 AP AT SIX-TOOT ONE. (two metres, 2.5 centimetree), Patar Oppegard towera over Jill Watson by a foot (0.3 m). But in every other way, they arc as ona on tha ica. Watson and Oppegard ara tha United Stataa' pairs championsAP - 303 words
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Article, Illustration289 1988-01-05 11 AP CZECHOSLOVAKIA s sports chief said in a radio interview that the country's national team would take part in the Summer Olympic Games in Seoul, although no official decision has been made. Antonin Himl said that he was "convinced weAP - 289 words
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Article126 1988-01-05 11 AP PAUL ANNACONE of the United States will replace South Afri-can-born compatriot Kevin Curren in the six-man Sanctuary Cove Tennis Exhibition in Australia, tournament organisers said on Sunday. Project manager Bob Barnard said Curren withdrew from the event because of a back injury. The event, whichAP - 126 words
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265 1988-01-05 11 UPI AMERICA's Cup-winning skipper Dennis Conner's contract to promote Western Australia in the United States is being reviewed by the state government. Western Australia's Minister for Tourism. Pam Begg, said she had called for a full report on Conner's contract with the governmentUPI - 265 words
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218 1988-01-05 11 AP WADE WILSON and Hassan Jones connected on a touchdown pass to lead the Minnesota Vikings to a 44-10 victory on Sunday over the New Orleans Saints in a National Football League playoff game. It was the first playoff game in the 21-year historyAP - 218 words
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297 1988-01-05 11 Golfer's score was day's second lowest WITH DOUGLAS 001 showing some of his old sparkle, Singapore Island Country Club emerged tops in golf's Premier League played at the New Course on Sunday. Douglas, always regarded as one of our better amateurs, carded a 73297 words
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203 1988-01-05 11 AP FORMER welterweight champion Donald Curry continued his comeback yesterday by scoring a unanimous 12-round decision over Lupe Aquino in a super welterweight bout. On that same card, Gianfranco Rosi of Italy, the World Boxing Council super welterweight champ, defended his title by knocking outAP - 203 words
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Article, Illustration536 1988-01-05 11 AFP NEW ZEALAND scored a dramatic one-run win over Australia, the World one-day champions, with just two balls remaining in a remarkable World Series Cup match at the WACA Ground in Perth late on Sunday. The Kiwis clinched their cliff-edge victoryAFP - 536 words
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273 1988-01-05 11 AFP SCOTTISH prodigy Stephen Hendry showed how quickly he is maturing as a snooker player by staging a marvellous comeback to beat ex-world champion Joe Johnson in Blackpool on Sunday in the fourth round of the £250,000 Mercantile Credit Classic. The sport s youngAFP - 273 words
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303 1988-01-05 11 UPI THE MIAMI Hurricanes earned on Sunday what their Orange Bowl victory indicated they deserved, the 1987 UPI National Title in a unanimous vote, with their strongest challenger this season, Florida State, finishing second. Miami was selected no. 1 on all 47 ballots castUPI - 303 words
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Page 10 Advertisements
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Advertisement783 1988-01-05 10 latere u «rirte, dUie «ad. PLEASINGLY HYATT Discover the world of sensational Singaporean dishes In a buffet. Taste Chinese. Malay, Indian and Nonya specialities in one meal. At Plum's, daily for lunch and Friday and Saturday for dinner. Price: $20*. A fabulous one-stop gourmet's dream! PHH c. w e 5783 words
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Advertisement210 1988-01-05 10 .mj The finest Beijing cuisine from Pine Court, with complimentary Hennessy Cognac MENU I includes steamed live sea-fish, stuffed black mushroom and Peking Duck. Price: $688* per table. Complimentary bottle of Hennessy XO. MENU II includes braised shark's fin with chicken sauce, braised abalone with green vegetables and sweet sour210 words
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Page 11 Advertisements
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Advertisement532 1988-01-05 11 m in V) 7 U.S. Prime Rib of Beef. Only 5522.50. Throughout the month of January we are offering for dinner US Prime Rib of Beef carved at your table side, served with braised onions, baked Idaho potatoes and a green salad at only $22.50. Or if you prefer, enjoy532 words
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Page 11 Miscellaneous
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Miscellaneous78 1988-01-05 11 Play golf the Sevvy way ■f Pfter Omlui in Percy Naggm A LOT OF x PLOVERS HUNCH \..\v THE LEFT ARAi IS KEPT STRAIGHT AND THE SHOULOER COMES UNDER THE CHIN,THE HANDS WILL ADDRESS THE N BALL WITH YOUR dACK STRAIGHT BUT TltTEDAT THE WAIST. > a WJR THE BALL78 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4099 1988-01-05 12 SHARE PRICES on the Singapore stock exchange rebounded in the afternoon to close moderately higher in fairly quiet trading yesterday, despite a soft opening because of weak overseas markets. From the outset, share prices drifted lower on light profit-taking with the Straits Times Industrial4,099 words
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Article231 1988-01-05 12 SINGAPORE. am T M S hMM SO» S 1 A PAN No» Iron Rites 273 441 910 790 47* 23 IS 13 15 14 ir 9TCn»i«i ST09/0S IT CADI •t T °9V 0K 30 tm 4 729-99 ***** 337 ♦SM -7097 -7093 ■7152 -7124 *****12 ******3 mu231 words
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Article3177 1988-01-05 12 SECTION ONE UMIIIHIAL S CQMMOOAI Acmo II 15 B 0 113 III 112 12 1.14 0 1.13 0 1.15 Akom 023 6 042 SI III 042 Amal Stool 50* ***** IJOSi 112 1.23 0 122 Q2 124 1141 125 0 127 QO 128 OS 1203,177 words
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Article257 1988-01-05 12 Manogoo' prion for ion 5 Japan Gr Sad Slmiim Thrill had UOft Manoc Uaifcad Unload 4MAtA frjrol Sr« I'putra Sacoad 6'pmro Third fpMli* four* I'patro RMl 1'purrs SMh fpwira Si «a> rpliu IM Sa aiM l"puaa EM* rpaM Na* Spuria Taadi f pmn Bind l"pr»« Warrior ham Sad257 words
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Page 12 Advertisements
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Advertisement7 1988-01-05 12 STP Distributors Avaftabh»t»H good bookshop* ARROW BOOK7 words
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COMPANY NEWS
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Article, Illustration433 1988-01-05 13 Mm mm*** HOCK LOCK SIEW LIGHTNING changes are shaking up the Hongkong Stock Exchange with the arrest of its chairman, Ronald Li, last Saturday. His arrest signals the end of an era of cosy self-regulation for the 15-month-old unified exchange and the start ofHOCK LOCK SIEW - 433 words
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Article412 1988-01-05 13 Reuter THE STOCK EXCHANGE of Hong Kong has appointed Susan Selwyn, a deputy secretary to the Council of the London Stock Exchange, as its deputy chief executive following a shake-up of the exchange. The chief executive is Mr Robert Fell. A spokesman said exchange secretaryReuter - 412 words
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Article, Illustration1747 1988-01-05 13 AMY BALAN - Corporate scene By AMY BALAN A MORE interesting year there was not. Last year saw a rising star, Allan Ng, come to grief, as did other one-time high-flyers such as Khoo Teck Puat, the Low Brothers of Ka Wah Bank, Ng Quee Lam, Ho Kok1,747 words
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377 1988-01-05 13 PROPERTY and finance-based Sim Lim Investments Ltd, already in tt>e red at half time, is headed for a third year of losses. The company, which just saw the passing of the chairmanship from father Soon Peno377 words
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Article, Illustration529 1988-01-05 13 TEMASEK HOLDINGS (Pte) Ltd has entered into an agreement with Morgan Grenfell (Asia) Ltd to acquire additional shares in Neptune Orient Lines Ltd's rights issue with TSR should there be a shortfall in subscription. In its rights issue prospectus released yesterday.529 words
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277 1988-01-05 13 JURONG CEMENT LTD has reduced its unaudited operating loss for the six months ended Sep 30, 1987, by 16.49 per cent to $1.51 million from a loss of $1.81 million in the previous corresponding period. The improvement was277 words
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173 1988-01-05 13 Bernama ES IGB Corporation Bhd haa entered into an agreement to purchase 70 per cent of the issued and paid-up capital of Prima Condominium Sdn Bhd for M 51.12 million. IGB said the deal would be done through the purchase of 693,000Bernama ES - 173 words
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105 1988-01-05 13 Bemama ES FIRST ALLIED Corporation Bhd (FACB), which is involved in property development and manufacturing. has reduced its operating pre-tax loes to M 51.86 million for the half year ended Sep 30, 1967, from M 51.94 million previously. Group turnover during the period fell 5.1Bemama ES - 105 words
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COMPANY BRIEFS
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Article55 1988-01-05 13 REPLYING to queries from the Stock Exchange of Singapore. Malayan Credit Ltd said that it was not aware of any impending takeover for the company as no notice has been received. Replying to the same queries. City Developments Ltd said it was not considering any55 words
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Article50 1988-01-05 13 OVERSEA-CHINESE Banking Corp Ltd has reported that the total foreign shareholdings is about 16.2% of the group s share capital as of Dec 31 last year. This includes 0.27% held by shareholders whose status the company has yet to determine. as status declarations hsve not been furnished.50 words
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Article35 1988-01-05 13 UNITED Oversess Bank's company secretary Chan Chee Pew resigned on Dec 31 last year. Mr Chan also relinquished his post at United International Securities. United Overseas Pinance and United Overseas Insurance.35 words
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Page 13 Advertisements
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Advertisement171 1988-01-05 13 BAHRUNY COMPANY PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308(1) of the Companies Act. Cap. 50. a Final Meeting of the members of the abovenamed Company will be held at 101 Upper Cross Street #06-10. People's Park Centre. Singapore 0105171 words
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Advertisement313 1988-01-05 13 NOTICES THE COMPANIES ACT, CHAPTER 50 Section 293(2)(b) NOTICE OF RESOLUTION SINGAPORE MAJESTIC THEATRE PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of SINGAPORE MAJESTIC THEATRE PTE LTD held on the 28th day of December 1967, the following special resolutions vwere duly passed: RESOLVED: (1) That SINGAPORE313 words
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Advertisement382 1988-01-05 13 In the matter of THE COMPANIES ACT, CHAPTER SO and In the matter of GENIVEST SINGAPORE PRIVATE LIMITED (In Voluntary Liquidation) At an Extraordinary General Meeting of the Members of GENIVEST SINGAPORE PRIVATE LIMITED duly convened and held at Room 15-17, 6th Floor, Elite Industrial Central, 883 Cheung Sha Wan382 words
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REGIONAL MARKETS
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3377 1988-01-05 14 THE KUALA LUMPUR stock market managed to cut earlier loesee to end slightly easier in the first session of 1966 on late short-covering and bargain-hunting. Except for a handful of counters, most stocks were traded within narrow margin in moderate trading. A broker3,377 words
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Article1359 1988-01-05 14 Hongkong STOCKS RECOVERED most early loeeee to close slightly lower but trading was thin and nervous on concern over a shake-up in the local bourse, brokers said. The Hang Seng Index finished 16.46 points down at 2,286.29 and the Hong Kong Index was off 10.52 at 1,495.30.1,359 words
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Article116 1988-01-05 14 MM M OwM Sugar worn 3# TOO 1210 *80 Ml Kangwon Ind ***** ***** 210 1130 OMtwn ind 2*000 WB WuWf Dwi Corp DlWOO HMVV Damh.n SacunhM ***** ***** am -2250 880 TOO *00 >800 1100 Koraa Long Torm Lucky Lid. ***** 188*0 ***** ***** ***** 2S300 1400 2*0116 words
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Article409 1988-01-05 14 ON THE TOKYO market yesterday, prices closed the morning-only seesion down due to bearish sentiment stemming from the weak dollar, but were pulled off lows by bargainhunting and buying of In-centive-becked issues. The Nikkei Average fell 346.96 points, or 1.61 per cent, to 21.217.04 after hitting a morning low409 words
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Article169 1988-01-05 14 Reuter SHARE PRICES closed sharply weaker on the Australian share market yesterday as investors nervous about falls on overseas markets took profits, brokers said. The profit-taking followed sharp gains on the local market laat Thursday. The All Ordinaries Index loet all of Thursday's gains. "That caused nervoueneee locally andReuter - 169 words
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Article107 1988-01-05 14 Reuter THE SECURITIES Exchange of Thailand Index edged up 0.57 to 264.94 on a turnover of 4,593.209 shares worth 378.38 million baht Reuter' JAN M BANT Ao Kham Thai Bangkok Agro-tnd Binokok Dinfc Banf 0* Ayudhya Charoong Thai WW ACaMa an ft 29S 298 i» mi Datamat Ohana SiamReuter - 107 words
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Article70 1988-01-05 14 "i —pp l146 146 56 JAM M PCSO* I'II' Acof# MtOir>g Anglo Ph« Onwttel B DKli nw wvmai PhM«* B 0.06 ***** 0.96 +0.006 (£0046 +0.02 Ap*x Mining B. ASM Con. a 0 06 SO uncfi 1 PLOT... 190 midi QoM Btttc Pvtrottufn— 0.016 uncft 27 04 Bonguat Con.70 words
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Article104 1988-01-05 14 HONGKONG All industrials Hongkong index Monday 1.495JO Friday Closed WMk ago 1,***** Hang Song Indox Monday 2.***** Friday Ck>»*d WMk ago 2.366 75 Monday 1.950.3 Friday Oased WMk ago Closed NEW YORK Dow Janes Friday OoMd Thursday I93M2 WMk ago Oosed TOKYO Nikkei Average Monday 21.217.04 Friday Closed104 words
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Article141 1988-01-05 14 Reuter GLASS AND PACKAGING group ACI International Ltd said the Asl.6 billion takeover offer of A 54.00 a share announced by Auetrac Investments Ltd on Monday was too low. "The price of A 54.00 a share does not represent the true vslus of ACIReuter - 141 words
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Page 14 Advertisements
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Advertisement365 1988-01-05 14 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION FRASER VICKERS RESEARCH PRIVATE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of FRASER VICKERS PTE LTD held on the 29th day of December 1987, the following special resolutions were duly passed: RESOLVED: (1) That the Company365 words
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Advertisement367 1988-01-05 14 THE COMPANIES ACT. CHAPTER 50 Section 290<2)(b) NOTICE OF RESOLUTION WILLS, LEE CO PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of WILLS, LEE CO PTE LTD held on the 28th day of December 1987, the following special resolutions were duly passed: RESOLVED: (1) That the Company367 words
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Advertisement393 1988-01-05 14 ADLER ENGINEERING SERVICES (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at 1302 Toa Payoh Lor 1 #02-06, Singapore 1232 on 31 December 1987 the following Special Resolutions were duly passed:1. That the company be wound up voluntarily393 words
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Advertisement345 1988-01-05 14 GOLDEN LUCK INDUSTRY PTE LTD (In Vol. Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act (Cap. 50) that the Final General Meeting of the Members of the abovenamed Company will be held at the Office of M/ 8 Wee Seng Tlong Co., 1345 words
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Advertisement292 1988-01-05 14 IN THE MATTER OF THE COMPANIES ACT, (CHAPTER SO) AND IN THE MATTER OF MORERICH SINGAPORE PTE LTD (Incorporated in the Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of members of MORERICH SINGAPORE PTE LTD duly convened and held at 5001 Beach Road, #04-20,292 words
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1544 1988-01-05 15 Notes AA Not ranked in Dec 1986. F First year of listing. (a) Rights issue of 1:10 at $3.00 per share. Jb) listing and quotation of 38.15 m ordinary shares of $1 each arising from the acquia sition of shares in Industrial1,544 words
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Article, Illustration1244 1988-01-05 15 CORRINA LIM - Billion Dollar Club down to 10 members By CORRINA LIM THE EUPHORIC bull which pushed share prices up to dizzy heights last year fell flat on its face when stock markets worldwide crashed on Black Monday. By the end of last year, the market1,244 words
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886 1988-01-05 15 MBT DESPITE the historic stock market crash of October, the market values of the top 100 companies listed on the Kuala Lumpur Stock Exchange (KLSE) registered an increase for the second consecutive year in 1987. The totalMBT - 886 words
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627 1988-01-05 16 ANNA TEO - Employer groups worry about timing By ANNA TEO THE MAJOR employer groups are expected to voice their concern over the proposed increases in labour costs with the Ministry of Trade Industry (MTI). The New Year's eve announcement by Trade Industry Minister Brigadier-General (Res)627 words
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476 1988-01-05 16 DESPITE A CUT in employer s levy, the Skills Development Fund ended the last financial year only slightly poorer than when it started. According to its latest annual report released yesterday, the SDF had on March 31, 1967, accumulated funds of476 words
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271 1988-01-05 16 AP THE EDITOR and a writer for the weekly Far Eastern Economic Review were yesterday served writs in Hongkong giving them 21 days to respond to charges of libel from Singapore's Prime Minister Mr Lee Kuan Yew. Lawyers acting forAP - 271 words
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357 1988-01-05 16 UPI THE DEVELOPING countries of Asia chalked up healthy average economic growth of 6 per cent in 1967, but "recessionary trends" make it likely growth will drop to about 5.6 per cent in 1968, according to a UN report releasedUPI - 357 words
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293 1988-01-05 16 AFP SOUTH KOREA'S Trade Industry Ministry expect the country's trade surplus to shrink in 1968 as protectionism, a stronger currency, labour troubles and a surge of imports take their toll. The surplus will fall from an estimated US$7.9 billion last year to between US$4AFP - 293 words
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139 1988-01-05 16 UPI TWO-WAY trade between Taiwan and China through Hongkong surpassed US$l billion last year, a record, a recent survey showed. A study conducted by the Chunghua Institution for Economic Research showed Taiwan's exports to China through the British colony in 1967 jumped to US$96O million,UPI - 139 words
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277 1988-01-05 16 Bernama ES MALAYSIA yesterday signed an Investment Guarantee Agreement (IGA) with Italy, paving the way for a greater inflow of investments into the country. Trade and Industry Minister Oatin Paduka Rafidah Aziz said in Kuala Lumpur the signing of the IGA is expected toBernama ES - 277 words
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418 1988-01-05 16 Reuter CHINA expects another good export year after posting record earnings in 1987 thanks to stable oil and commodity prices, an unannounced devaluation of its currency, a better product mix and reform of its trade system. Minister of Foreign Economic Relations and Trade ZhengReuter - 418 words
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Article284 1988-01-05 16 AFP THE Independence Evening Post set up a sister morning daily in Taipei yesterday, the first newspaper to be registered after the Taiwanese government's removal of four decades of press controls, newspaper officials said. The Chinese-language Independence Morning Post will appear on Jan 21 with anAFP - 284 words
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Article, Illustration370 1988-01-05 16 AP MALAYSIAN Prime Minister Mahathir Mohamad suggested to Italian Prime Minister Giovanni Goria on Monday that the Group of Seven industrial nations invite one or two developing nation representatives to its discussions of world economic and other matters. Dr Mahathir said thisAP - 370 words
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Article82 1988-01-05 16 Reuter COMEX gold futures yesterday began the new year lower as a recovery in the dollar put the metal under pressure at the opening, traders said. February gold fell US$7.4O to U*****.50 an ounce, after trading between U*****.5 and U*****.5. Comex silver opened lower and fellReuter - 82 words
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LATE FILE
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Article40 1988-01-05 16 AFP CHINA increased quality controls on imports and exports last year and 13 par cant of the imports inspected were found to be of poor quality, the official New China News Agency (NCNA) said. AFPAFP - 40 words
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Article77 1988-01-05 16 AFP KRUPP steel workers in the Rheinhausen town of West Germany have appealed to Iran, a major shareholder in the West German steel giant, to save their jobs, sources at the plant said Monday. Manfred Bruckschen. chairman of the plant's workers committee said he hadAFP - 77 words
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40 1988-01-05 16 AFP US Gold Eagle coina will make their debut in the Taiwan market today following successful inroads made by Australian Nugget and Canadian Maple Leaf coina, a Central Trust of China official said. AFPAFP - 40 words
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Article36 1988-01-05 16 AFP THE Nepaleee government has recalled its ambassador to the United States. Biawo Pradhan, a multimillionaire, tor being involved in an alleged shoplifting incident in Washington, foreign ministry sources said. AFPAFP - 36 words
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Article31 1988-01-05 16 AFP A KENYAN government minister has charged the British Broadcasting Corporation (BBC) with broadcasting "falae reports" aimed at discrediting the leadership of President Daniel Arap Moi.AFP - 31 words
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73 1988-01-05 16 AFP SIKH MILITANTS on Monday assassinated the Punjab state vice-president of Prime Minister Rajiv Gandhi's Congress (I) Party and another man in a hail of gunfire, sparking a protest strike, paramilitary police said. The slayings brought to more than 40 the number of peopleAFP - 73 words
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Page 16 Advertisements
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Advertisement92 1988-01-05 16 INVEST-A-MATIC A NEW SERVICE FROM ei icsons Vital information for Fundamental and Technical Analysis is now instantly at your disposal with Invest-A-Matlc Dividend Yields. Market Capitalisation, P E Ratios and much more are available! Charts of SES/KLSE stocks can now be plotted as well as leading world indicators such as92 words
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Advertisement157 1988-01-05 16 BT bumps up Weekend Edition COME Saturday morning, January 9, 1988, BT salutes the end of the New Year's first hard week's work by giving our readers a new look and 18 pages in a henceforth enlarged and more breezy Weekend Edition which will also continue to provide our regular157 words
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Advertisement323 1988-01-05 16 MANAGEMENT PROGRAMMES" January March 1988 No Coarse Tide Date 1. Effective Reading Skills Jan 8— 25 2. Telephone Techniques Courtesies Jan 16 &23 3. Assertiveness Skills for Managers Jan 18 —20 4. Financial Management for Non-Financial Managers Jan 18 20 5. What You Should Know about the Practice of Direct323 words
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SHIPPING TIMES
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Article104 1988-01-05 17 AP SUEZ CANAL revenues in 1967 were the highest for a single year since the waterway was opened 118 years ago, its director said. Mohammed Ezzat Adel, chairman of the Suez Canal Authority, told the state-owned Middle East News Agency that this year's income totalledAP - 104 words
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344 1988-01-05 17 LINDA CHEE - By LINDA CHEE SWEDISH FORWARDER Conterm Freight has set up its own company in Singapore in a joint-venture with two local partners, with intentions of expanding its operations in this region. Majority local share of 51 per cent in the new company, called344 words
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197 1988-01-05 17 Reuter HITACHI ZOSEN Corp and two other shipbuilding companies have filed a plan with the Japanese Transport Ministry to cut their combined shipbuilding capacity by 25.4 per cent, a ministry official said. Hitachi, its affiliate Naikai Shipbuilding and Engineering CoReuter - 197 words
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264 1988-01-05 17 Reuter A MAN licensed to work only as a lookout was piloting the oil tanker Vector when it was in collision with a ferry in the world's worst peacetime ses disaster last month, a shipmate testified on Monday. Reynaldo TarefeReuter - 264 words
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PORT SIDES
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Article95 1988-01-05 17 CIE MARITIME BELGE (CMB) has purchased a 1,185 TEU container ship, already on charter to the Belgian shipping line. The CMB Memling will switch from the West German to Belgian flag. The 1979, German-built vessel has been on charter from Hamburg Sud and will continue to95 words
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Article74 1988-01-05 17 THE WORLD'S largest container leaaing operation has been created following the completion of General Electric Credit Corporation s acquisition of US compatriot Gelco. The merger brings together General Electric Credit s Genstar and Gelco's CTI container leasing companies to form an operator with a fleet of around74 words
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371 1988-01-05 18 Lloyd's List SOME CRUISE shipowners are bracing themselves for a turbulent new year in the vital US market following a pledge by seafaring unions to step up a campaign against flag-of-con-venience tonnage. The International Maritime Union and National Maritime Union of America (NMU)Lloyd's List - 371 words
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Article, Illustration283 1988-01-05 18 UPI THE WORLD'S largest cruise ship, the US$lB5 million Sovereign of the Seas, sailed into her home port from a French shipyard on Sunday amid cheers from thousands of people lining the shore and aboard yachts in Miami. The firstUPI - 283 words
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288 1988-01-05 18 Reuter INSURERS on the frontline of the Gulf shipping war are threatening to break with London underwriters over doubled premiums which they say are not justified. Ibrahim Hannoun, chairman of the 40-member United Arab Emirates (UAE) Insurance Association, said local companies wouldReuter - 288 words
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Article764 1988-01-05 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrans VII 3 American Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 Arrow lines IX 5 ASCI764 words
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Article, Illustration449 1988-01-05 18 Reuter IRAN AND IRAQ, deadlocked on the battlefield, turned the Gulf into the most dangerous stretch of water in the world in 1987 and wreaked their heaviest toll on merchant shipping. The two sides hit at least 178 vessels and killed 108 seamen duringReuter - 449 words
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Article, Illustration418 1988-01-05 19 Reuter THE PORT of Rotterdam handled 250.3 million tonnes of cargo in 1967, 2.8 per cent less than last year's 257.6 million tonnes, Rotterdam Port Commissioner Roel den Ounnen said. Turnover this year will again be around 250 million tonnes, he said, addressing theReuter - 418 words
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Article163 1988-01-05 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): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd163 words
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65 1988-01-05 19 AP A BRITISH military helicopter lifted an injured seaman from a Soviet merchant ship off Cyprus to a hospital on the island, said Maj Johnny Rogers, spokesman for British Forces in Cyprus. Alexander Porchamenko was taken from the Dometsk, which was sailing about 180AP - 65 words
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446 1988-01-05 19 Kingsley Wood - From Kingsley Wood RACKETS and restrictive work practice* in Australian ports were costing up to As 2 billion a year, or close to As4oo for every household, Mr Julian Beale, opposition transport spokesman said in Canberra. In a resume of institutionalised port inefficiencies.446 words
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Article, Illustration181 1988-01-05 19 FELIXSTOWE has joined the select ranks of top world ports handling over one million TEUs a year. This milestone means that Felixstowe, already UK's largest container port, is handling over half the deep-sea boxes moving through the country's south east ports. Container traffic at Felixstowe181 words
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7591 1988-01-05 24 3®aB[D(!EB 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 of7,591 words
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Article1141 1988-01-05 25 AT CONVENTIONAL WHARVES Asian lose J4 0501/1830 06J0I/2300 Grand Stor JI2 0601/0630 06.01/1500 a,,Hi A A 1 Hoi Hin 6/8 il 0501/0700 0501/1300 V#0Q#f B9l III AiiifSI Mptnurt Karuma Joya a 0501/0900 0601/0600 KEPPEL WHARVES KS Gerosimov J9/I0 0501/0900 0901 £900 JenSOn K23 alongside alongside 05 011,141 words
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Page 17 Advertisements
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Advertisement639 1988-01-05 17 TINES KOB STP Distributors Hm*. Croup SNGAf 01 sVIU Oh' sl'tV^ OOCL Orient Oveiqeas Co*Lim\ Line North atlantic exprfss <round the worid routing iARDMC MPPIM MDKKS (Rep. Mb. MMI 00K 200 CiiiMiiriiM Hmtmi-OS filMiM. Tißpun IBM All lif U 2ZUDII TEIiX MR ***** TUMINAI/Cn TM *****11 2D BOOKIMS Td *****34639 words
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Advertisement75 1988-01-05 17 msm SOME CRUISE shipowners or* brodng themselves for o turbulent now yoar in the vital US market following a pledge by seafaring unions to step up a campaign against FoC tonnage. Page ll THE PORT of Rotterdam handled 250.3 million tonnes of cargo In 1987, 2.8 per cent less than75 words
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Advertisement548 1988-01-05 17 iTTiTTTT I OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. Pte Ltd. TEL. *****33 MAERSK LINE FAST TRANSIT SINGAPORE/ LONG BEACH IS DAYS TNs week Arthur M Ctofang Time CY 07/1 2300 MRS CFS —07/1 1300 MRS To548 words
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Page 18 Advertisements
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Advertisement728 1988-01-05 18 03 COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT anEi ROTTERDAM ETA FELIXSTOWE HA 7/1 iii i arm I carjo to *11 U.K. dMtmatMm, Scandinavian (Aartwt, EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS728 words
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Advertisement17 1988-01-05 18 Lines and services represented by Members of the Regtstry of Accredited Snipping Agents. Singapore National Shipping Association17 words
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Advertisement429 1988-01-05 18 CHA RGEURS REUNIS g'. spore CR ABIDJAN um HtMARATA MARU 2*2 LA-REUNION P NOIRE p GENTIL/LIBREVILLE DOUAIA COTONOU a* bmb mm vm mm am am r.:.¥<Ji^LS^gllMiEEr^VJW■f-a.-I-»t I.TT^ SINC.APOPF r <1. 1 f NQUIBIF S ???3:44 Ul 7?ssas' Optorg Shipping Pte. Ltd I EL M A ypsfcSA iNf A<; VAC yas429 words
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Page 19 Advertisements
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Advertisement927 1988-01-05 19 The Straits Steamship Group Mansfield Container Shipping PteLtd STRAITS SHIPPING SiflQipora to Sibih, Sinwik, Brunei Ports and Bangkok raocLm P&O Containers Limited CONTAINERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROGRESS VSI2N PEGASUS PROGRESS VSI3N SPORE In Hl* 12 13 Jan BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****00 Also Accepting Corgo For: Maatwi927 words
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Advertisement592 1988-01-05 19 EUROPE EE Ml 121.12 ee m mi m EE M 17J1 EE N4 11.lt jE3 535 PP "I g".l USA PANAMA IUI 11* ll* 24* 21* IIJI 125.12 27* 11* |li* n* it* it* is* 22* tiin i nnJrMuLM M 711 11.12 Ml 2 *12 1112 17.12 ff« 711 1112592 words
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Page 20 Advertisements
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Advertisement363 1988-01-05 20 CONTAINERSHIP SERVICE TO UK/CONTINENT COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM CARIBBEAN 1 S. AMERICA COU\l SEMI CONTAINER SERVICE TO EUROPE CONV SEMI-CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT SM SM SM SM SM SM SM SM SM SM SM SM *1 *1 W I*l I*l 20/1 2*l363 words
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Advertisement713 1988-01-05 20 K.S.IjINE itmh rtWMf* [P«: FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Membe ol ,he Consortium LtHjvre Ftlowt R'dam H berg B ha»en 25/ i 24/1 vn aa 29.1 1 5/2 M 12/2 13/2 15/2 16/2 182 19/2 20/2 22/2 23/2 25/2 26/2 21/2 I FROM EJROPE VIA SUEZ 1713 words
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Advertisement333 1988-01-05 20 T/a FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBOlsailing 20/1 1/2 FOR: PORTO, LISBON, ORAN, BILBAO MAORIO, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS. VALLETTA, IRUN, CEUTA, ALQIER A ISTANBUL U.S.A. ALSO ACCEPTING TO: CHICAGO, BOSTON, JAV, PHIL, SAV, MIAMI ALL INLAND DESTNS. PAPUA NEW GUINEA PORT MORESBY,333 words
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Advertisement1162 1988-01-05 20 r a EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) LHV ANW ROW FLX HK "T» T- w w 012 m 4/1 w /3 w mo ALSO ACCEPTING CARGO TO: 1) 2255S PHILADELPHIA. WW FOLK JACKSONVILLE. WILMINGTON KnuM. ETC 2) ATLANTA. CHICAGO OCTMXT. COLUWBUS A OTHER MAJOR KCROBRIDGE DESTINATIONS J)1,162 words
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Page 21 Advertisements
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Advertisement775 1988-01-05 21 %5A PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VOYSIN JKT NY VOY SIN PGO HKG KAO KM MTC YOK NOO KOS JUS ISM BLD SLD SLD ISNB SLD OMIT 6/1 10/1 11/1 17/1 <N"T 16/1 1788 7/1 «/1 11/1 IBM775 words
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Advertisement436 1988-01-05 21 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT on on m www W W LW ■0 80 22ft I2ft M 0 vn r>a no www &0 00 170 EXPRESS CONTAINER SERVICE FROM UK/CONTINENT nab rwmiriwMmiTw rjuwrmi m II I M ■ITI' hM W W NMtart Uw*m DTI VW Takx436 words
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Advertisement433 1988-01-05 21 13 1 ■HMO M»t DAN NJUKWn J I laid. Port JUaundrta. Otnot, TrMi also accepting lorn! c&atai*rs, conventional cargo via t/s to i POUTS, NUU. Li NAVRE. OSLO. COPENHAGEN AAJtHUS GOTHENBURG Al t DJAKARTA LLOYD INDONFSIAN NATIONAL LINF Agents Telephone *****22 Singapore MA JATA AGENCIES Terminal *****22 lilifsn Al FTE433 words
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Advertisement275 1988-01-05 21 BOUSTEAD SHIPPING AGENCIES PAGAN VI22W man nm HTONCYWA V23IW MYOMA YWA BURMA FIVE STAR (Burmese National Line) P.Kelanf Penang Bangk BANK UNI MORAYIARK \MR 17/1 CLYOCBANK V22N |/2 FORTHBANK WIN 2S/2 TAMAITAI SAMOA VI2N 29/2 (CALLING LEIXOES 22/3) SPOKE ROAM HULL 17/1 712 ua I*3 27/3 23/3 */3 4/< 31/3275 words
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Page 22 Advertisements
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Advertisement1381 1988-01-05 22 4» K LlilE SHIPPIFIG-DfITA ATLAFITIC COAST (Round-The-World Service) •pk/png ORIENTAL FAITH V 6 SM 7 Jan 30 Jan 9 Fab U Fab 13 Fat 17 Fed ORIENTAL FRIENDSHIP VS 9 ian 14 Jan I Fab IS Fab II Fab 20 Fab 24 Fab *VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG1,381 words
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Advertisement761 1988-01-05 22 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL ConWiwri IMM AN COURIER V27N S O TRIPURA V OH LOTTE SCHEEI 30 PRELUDE V 5-B RAVI DAS V.H THEOOOR FONTANE V 14N SO A PRAOESH V.JW LOTTE SCHEEL VH INDIAN COURIER V.2W THEOOOR FONTANE V 15N S.O. NAGALAND V.3M ARUN PRADESH V.32H761 words
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Advertisement702 1988-01-05 22 GOLDEN LINE GUM GUM SWTME (PTE) LID a T(tt tear Brnt aMAfotciiM m aiaao»lmks) ru am N SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA STRAITS/PCRSIAN GULF SERVICE: SJgj. PMa« Hm* QOUO WMWPT CaWea/KafadM/Oakai W* QOl KM LAHO Cilnii>i/MncMhf WW- CHINA SERVICE Mni Avamsn»i/»ii iiiin ww BAI TUN SMANStanchM/HwikMl a/m702 words
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Advertisement434 1988-01-05 22 i 1 rniLi oni€NT lincs pre ltd >-{i" rn Z( PCS SSOS PCAO «07 1? EAST*M EAST mft LCI SERVICE ii E k. MUSCAT. I OHABI A W lATTAIOA BENGHAZI Tnrau, ALEXANOMA. CASABLANCA LIMNIASOL VALfTTA, ADEN. DJBOUTI 11/1. 17/1. */l H. KONG KOBE. KEELUNG. WMU.aMmM.Tom. Colombo. KAMCH. lOMAY U.hIWV J'434 words
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Page 23 Advertisements
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Advertisement739 1988-01-05 23 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SEA Terminal CPS BOOKINGS *****U 27*5742 *****22 *****53 mil IWli 27*111 27*141 NEPLINE SON. BHD. 361*7 INWARD/OUTWARD NEPLINE SON BHD. ****** INQUIRES *****44 NEPLINE SON BHO. 6208»6276tt/627»61/*****2 NEPLINE SON BHO. Z3M4I/23MM1 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mtmbtf ot thm739 words
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Advertisement392 1988-01-05 23 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG. BUSAN. INCHON VMMI'I Nmw CTD BS BKK SPORE PKEIANC BUSAN l»o I Donam7loN 21/12 07/01 10-11/ M 12-14/01 24 26/01 No 7 Donam/711N 10/12 11/01 14-17/01 II 20»1 29-411/02 *G4<*ia/712N OMI l«ll 23-21/01 24-24/01 No Donam/lOIN392 words
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Advertisement838 1988-01-05 23 r 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 ***** PENANC MESSRS HAI THONC SHIPPING 127 Pnw Strwt. Pmiit Malay» Gates JAYAPOH PENANG, Tal *****4 ******838 words
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Advertisement15 1988-01-05 23 (S man iu 4 MADJU SENDIRIAN BERHAD "20-12 Tonq Fng Building. Singapore 0106 Tel *****6"15 words
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Page 24 Advertisements
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Advertisement316 1988-01-05 24 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines. FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD V E.B DE UTF R ACHT/SE EREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE "VIA LARNACA: Accepting cargo for Lattakia. Piraeus, Thesatoniki, laror, Istanbul, Mentn, Lmaaot, Beirut Alexandria,316 words
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Page 24 Miscellaneous
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Miscellaneous171 1988-01-05 24 a N J n LI m 1 I£W" SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 A.M. THIS MORNING. LEGEND R Thunderstorm Temperature c X\ y Shower Weather —Y Wind direction with speed m knots Ram Cloudy Sky Wov he '9 h Surfoce winds are indicated by orrows which fly with171 words
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Page 25 Advertisements
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Advertisement451 1988-01-05 25 ee IZUMI LINE REGULAR EXPRESS CONVENTIONAL SERVICE TO CALCUTTA VSL BLT Sport loading For WAKAYU 63A 1982 15th JAN IS CAL. MADRAS* •SUBJECT TO INDUCEMENT G. AGENT: TAIKA SHIPPING t ENTERPRISES PTE LTD TLX ***** TAIKA TEL *****7S BOOKING AGENT: RICK MARINE ASSOCIATES PTE LTD TLX 223G0 RMA TEL *****86451 words
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Advertisement648 1988-01-05 25 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE ALFARABI MV SIMOBAO S'iM <*'*•»■ sf »Q« «a«i i EAST BOUND SERVICE ETA S POKE 10ADINC FOR ion j*pm W Japan WEST BOUND SERVICE ETA SPORE LOADING FOR MV BASRAH 1/1 Aqabt 64|WM MV BAGHDAD lift Jedfeh Aqjfct BigtWJd THROUGH B/U to648 words
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Page 26 Advertisements
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Advertisement325 1988-01-05 26 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lmes) TLX RS ***** RS ***** ft. I \S I I K\ \K I IM K III) CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE PORTS, SUBJECT INDUCEMENT325 words
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Advertisement382 1988-01-05 26 1 "rf,' COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEM-COWTAHEfI SERVICE TO NORTHBOUND TO UKC S PORE MORAYBANK V4N 17/1 CLYDEBANK V22N 8/2 FORTHBANK V2IN 26/2 TAMAITAI SAMOA Vl2W| 28/2 •Alio Act«ptin| FCL to Aflftwr»/tr«wn/F« 4 Callinf Lmiom RDM/A DAM HBG HULL (U.K.) 7/2 11/2 15/2 4/3382 words
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Advertisement264 1988-01-05 26 LCL WEEKLY SERVICE TO: KEELING 1/1 NAM/MEM 11/1 BANGKOK 1/1 ROTTBMM IS/1 ROMKONG 1/1 TUDRY IS/1 HHMNTLE IS/1 SYB/MOB 7/1 ADELAIDE 18/1 (transit tlmo 12 days) WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 52/17 CON-CARRIER 53/17 ETD GERMANY ETA S PORE 22/12 11/1 29/12 IS/1 LCL SERVICE TO CARRIBEAN PORTS ST.264 words
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Advertisement647 1988-01-05 26 mil CAUL US AT: P. KELANG PENANG J. BAHRU P. GUDANC SINGAPORE K. LUMPUR 3M5753/JH/111 •04-*****2/4, *****3 •07-241W •07-*****3, *****5, *****0, *****1 42-*****22 242 m WEEKLY FAR E SERVICE BIB! TO EUROPE FEEDER I. BUTANC t. BUTANC W B BUTANC 411 OTHER DESTINATIONS AARHUS AMSTERDAM. ANTWERP, BASLE BREMEN. BREMERHAVEN COPENHAGEN647 words
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