The Business Times, 3 April 1987
1987-04-03
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The Business Times
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Title Section12 1987-04-03 1 BUSINESS TIMES M.C. (P) No. 112/12/86 FRIDAY, APRIL 3, 1987 75 CENTS12 words
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Article, Illustration189 1987-04-03 1 Exchange rates THE SINGAPORE DOLLAR closed weaker at S$2.1400/10 ($2.1380/90) against the US dollar in the forex market yesterday. It rose to $3.4079/4116 ($3.4218/56) against The local unit also went up against DM and yen, but fell against M$ and HK$. USSi 146.95/147.05 yen, 1.8250/60 DM, S$2.1395/1405189 words
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471 1987-04-03 1 ELAINE KOH - Eight proposals received by SES so far By ELAINE KOH ANOTHER THREE foreign institutions have submitted proposals to the Stock Exchange of Singapore for tie-ups with local stockbroking firms. The latest in the line-up are British broking house de Zoete Bevan471 words
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146 1987-04-03 1 Bernama MALAYSIAN Foreign Minister Datuk Rais Yatim said yesterday that he had met Singapore Foreign Minister Suppiah Dhanabalan regarding Malaysia's position on a statement made by Singapore Trade and Industry Minister Brig-Gen (Res) Lee Hsien Loong. He told reporters in Kuala Lumpur that heBernama - 146 words
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Article, Illustration227 1987-04-03 1 SHORT-COVERING and bargain hunting pushed up share prices on the Singapore stockmarket yesterday. Volume however, remained thin. The widely watched Straits Times Industrial Index advanced 15.26 points to 1,059.20 and the more broadly based BT Composite Index rose 14.26 points to 928.48.227 words
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407 1987-04-03 1 MARTIN SOONG - By MARTIN SOONG BELEAGUERED Heli-Orient. an aircraft servicing company long searching for a white knight, has finally found a buyer after some three years of floundering. BT understands that Seletarbased Dowty Aviation Services, a wholly-owned subsidiary of the British Dowty Group, will be buying407 words
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Article51 1987-04-03 1 UNKNOWN TO MOST, the Singapore Federation of Computer Industry has been helping to push Singapore along the computer path for the last five years. It is now ready for an even bigger task. See Technology on Page 6 for BT's exclusive interview with SFCI council51 words
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Article47 1987-04-03 1 MANY OF MALAYSIA'S beleaguered offshore fabrication and engineering companies face the prospect of a no-job situation for the next year or two if they are unable to secure contracts worth millions of dollars to be tendered out soon by Esso Production Malaysia Inc.47 words
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533 1987-04-03 1 Reuter PRIME lending rate increases by leading US banks have sent shock waves through financial markets but are unlikely to have much effect on the US economy as it muddles through a fifth year of expansion, according toReuter - 533 words
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Article, Illustration291 1987-04-03 1 Imperfect but lovely the lure of jade FLAWED and beautiful, jade has always possessed an almost magical charm, especially to the Chinese Tomorrow's Executive Lifestyle offers a historical perspective to jade, outlining the differences between the various grades and colours that give the stone its distinct appearance. Our writer offers291 words
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125 1987-04-03 1 AP THAILAND yesterday opened a customs-free transit zone for air cargo handling at Bangkok's Don Muang International Airport. The move is part of a general upgrading of airport facilities which includes the recent completion of a domestic terminal. on-going expansion of the international terminalAP - 125 words
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Page 1 Advertisements
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Advertisement3 1987-04-03 1 Tel (KUAl lu^l= _%_<=\]=+~!*=|)$,{"]/_\$>.`$[|"3 words
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Advertisement265 1987-04-03 1 &=+]_,&]\,'>')[%*'"^*{[[='@.}-* See Page 8 SHARE INFORMATION MONEY EXCHANGES COMMODITIES AIRCRAFT SCHEDULE TV ft RADIO CROSSWORDS DOONESBURY OUR VIEW 'DESPITE OUR DIFFERENCES, we con do business with you' was the message from Soviet leader Mikhail Gorbachev for British Prime Minister Margaret Thatcher at the end of their talks in Moscow. Mrs265 words
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Advertisement55 1987-04-03 1 EP4IOZ QUADRUPLE ZOOMING POWER MINOLTA Power-enlarging to 4 times original size. a. testoni BOLOGNA ITALIA l I KS lOM IKHTIQI'KS **01-10 Milton Hotel Shopping (ialler> Tel: 7.M4X55 MM-2S Mandarin Hotel Shopping \reade Tel: 7J4ISJX #01-05 Pavilion Intercontinental Tel: 7.V45-MM Sogo Dept. Store Hallev 's IX'pt. Store. Sole \gent: Teslux Pte55 words
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HOME NEWS
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308 1987-04-03 2 Ministry to spend $450 m on building 50 secondary schools ABOUT $450 MILLION will be spent to build about 50 more secondary schools in the Singapore government programme to move towards single-session schools. And, to keep pace with technology, the Ministry of Education308 words
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176 1987-04-03 2 SENIOR government officials and businessmen from India will be speaking at a series of seminars on Indo-Asean trade and investment this month. There will be four half-day seminars, which will be held from April 7 to 10, at the World Trade Centre. Among176 words
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Article, Illustration333 1987-04-03 2 A NEW ENGINEERING CENTRE and a re-built wharf, costing a total of $7.5 million, went into operation at Shell's refinery on Pulau Bukom earlier this year. The engineering centre, comprising three workshops and a single-storey office block, now stands at the site of333 words
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395 1987-04-03 2 LOH HUI YIN - By LOH HUI YIN THE MINISTRY of Trade and Industry has asked oil companies to indicate what the new price of petrol would be once the lead content is reduced from June. In a letter sent to the oil companies last395 words
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182 1987-04-03 2 COMPUTERISATION, to be completed by the end of this month, is underway at Marco Polo hotel. When it becomes functional, check-in and check-out services will be expedited, with reservations readily acceptable up to three years in advance. Quest histories can also be maintained.182 words
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274 1987-04-03 2 A CANADIAN provincial minister will be in town next week to promote trade between Singapore and Quebec and to open Quebec's regional trade office Mr Pierre Mac Donald, Quebec s Minister of External Trade and Technological Development, will be accompanied by 35 businessmen who274 words
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199 1987-04-03 2 BRITISH AIRWAYS has launched a campaign which it describes as a "unique approach to ensure excellent and consistent in-flight service on all its routes". The worldwide campaign was kicked off at a conference held in Singapore on Monday to evaluate the quality of199 words
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428 1987-04-03 2 CHARLES SAVAGE - By CHARLES SAVAGE SINGAPORE-BASED Far East Computers Pte Ltd (FEC) is aiming for 30 per cent growth in operations this year, and is launching a hunt for more computer application specialists. Since its inception in 1960. when it had a turnover of $1.36 million,428 words
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Article396 1987-04-03 2 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Apr 6-12 Investment and World Trade Indian Investment *****35 Technology Transfer Centre, Hall 3 Centre *****19 in India Apr 7 Diploma in Productivity National Nationol *****66 (commenceManagement Productivity Productivity ment date) Board Board Apf 7-10 Structured Programming National ARC Micro*****33 and396 words
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Page 2 Advertisements
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Advertisement112 1987-04-03 2 Commercial Singapore Central Business District FREEHOLD OFFICE FLOORS FOR SALE W i w VCVT The owners of a prime freehold office development site are now seeking expressions of interest from companies wishing to purchase whole floors or part floors in this proposed new 14-storey freehold office tower. Freehold office floors112 words
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OVERSEAS
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Article, Illustration519 1987-04-03 3 AP THE ECONOMIC GOALS of Soviet leader Mikhail Gorbachev appear to include a shift of some resources from the military to the civilian sector, says a British analyst. Thts change in policy emphasis seems to be causing significant strains within the SovietAP - 519 words
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385 1987-04-03 3 Reuter SOVIET LEADER Mikhail Gorbachev sent British Prime Minister Margaret Thatcher home on We<inesday with the message: "Despite our differences we can do business with you." This came through clearly in Mr Gorbachev's own firm but courteous handling of her four-dayReuter - 385 words
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373 1987-04-03 3 AFP JAPAN said on Wednesday that its new international trade insurance law would benefit developing nations by stimulating imports of goods from those countries and encouraging Japanese investment abroad. The Ministry of International Trade and Industry said the Japanese government would spend moreAFP - 373 words
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141 1987-04-03 3 AP THE BONN government, bowing slightly to international pressure, on Wednesday officially approved a 5 2 billion mark (US$2 88 billion) increase in a tax cut scheduled for next January. The planned increase, disclosed earlier last month, followed urging by other major industrialised nationsAP - 141 words
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858 1987-04-03 3 Reuter MOST ASIAN airlines, in keeping with the region's reputation for economic dynamism, are pushing ahead with plans for expansion while battling to keep their share of a competitive market A Reuter survey of regional airlines shows that the majority are negotiatingReuter - 858 words
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Page 3 Advertisements
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Advertisement57 1987-04-03 3 Renowned the world over for their unique style, fine workmanship, durability and above all the comfort. TIUI \lAHtX)11)L() IK )TI!L SI K HVINV. AH( .\IJI T.W'( ILL\ H( )AD. SIM iAII )HI. UJ24 If.IJ I'l l< )\1 UV2 COLU STUKSGK C-lATKlilt )I\T 17«i()H(IL\HI) H( )\J), (RM7, si\( "v\i i )Ki;57 words
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Advertisement94 1987-04-03 3 Lufthansa does more than just fly you there. auz <* fly S'f m r ¥2*m--14 w> 3fit. *9. r r Si V 5® rt p o s. ■T* Europe is the home of Lufthansa and nobody knows it better than we do. Lufthansa holidays show you the best of Europe94 words
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Page 3 Miscellaneous
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Miscellaneous49 1987-04-03 3 MY HEART SINKS AS I MUCH THEM START BACK. DAMN! I'VE COMB BY GARRY TRUDEAU ALONE AND COMPLETELY CUT OFF, I BEGIN TO REGRET NOT CLEARING THE EXPEPt HON WITH THE NETWORK. SHALL I SEW OUT A SEARCH NO, 5 PARTV* s™2£l JUST STUCK IN TRAFFIC. I! sis a49 words
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BANKING AND FINANCE
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437 1987-04-03 4 ALVIN TAY - By ALVIN TAY, Banking Correspondent DISCOUNT COMPANY of Singapore, whose shareholders include United Overseas Bank and the Post Office Savings Bank, will cease operations by the end of this year. This is an outcome of the company, together with International Discount Company, not437 words
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Article212 1987-04-03 4 Interbank rates at 3pm yesterday: CurrtndM Noculnil rdM SmMNmhImi Local dollars to < Md >ne unit of 0*er crow parity foreign cvrroncy: US doflar 2.1400 2.1410 2.8196 -24.10 Sterling pound 3.4079 3.4116 7.3469 -53.61 Audraftan dollar 1.5044 1.5072 3.4286 -56.12 NZ doAar 1.2123 1.2150 3.4286 -64.64 rirJInr v.anoaiar212 words
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Article1042 1987-04-03 4 Reuter SINGAPORE: THE US dollar yesterday closed weaker against the yen and major European currencies in moderately active trading, despite continued Bank of Japan intervention in Tokyo. However, dealers in Tokyo said the Japanese central bank dollar buying intervention and a plea by Japan's finance ministry to theReuter - 1,042 words
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Article109 1987-04-03 4 THE OVERNIGHT rate on the Singapore interbank market remained unchanged at 3-3/8 per cent yesterday. The term rates rose 1/16 point each across the board. S$ Interbank rates at 7pm yesterday: Off* Ud Orarnighr 3 3/8 3 1/4 l-mrth 3 3/t 3 1/4 }«<* 3 3/8 3 1/4109 words
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Article345 1987-04-03 4 ASIAN dollar deposit rates closed yesterday lower compared with Wednesday's levels, after a day of moderate trading. Dealers attributed the weaker trend to lower US federal funds rate, firmer US bond prices and some profit-taking after Wednesday's fairty sharp rise. The market is awaiting today's release of345 words
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Article607 1987-04-03 4 BA Futures JUNE Eurodollar yesterday recovered from its oversold level by opening six ticks better at 93.31. The firmer tone in the dollar and the Fed's purchase of bills on Wednesday night resulted in some short-covering activity yesterday morning. The June contract traded to a high of 93 33BA Futures - 607 words
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Article, Illustration190 1987-04-03 4 Indicates the average of the prime tending rate* of 12 maK>r banks In Singapore Interbank market rates (offer/bid) on April 2 us$ DM SWFC 7 6ay* 3/t 1/4 10 1/1* 9 15/16 4 1/16 IS/16 2 1/4 1 3/4 4-37/1 1 mh i/a 3/t io i/t io190 words
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Article982 1987-04-03 4 ARRIVALS f I S*rvic» Local From number Mm* UA usaos 0043 SPO/MKG FT FT71 0046 JFK/IOS/ORD/ ANC/NRT/ MNL/TPf SU SQ45 0603 MPU/CM8 SiA SQ691 0645 KHH MAS MM601 0720 KUL KAL KE697 0915 SB./MNL MAS MM681 0820 KUL SIA SQ43 0950 DHA/KHI MAS MM91 1 0910 P&l982 words
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Page 4 Advertisements
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Advertisement63 1987-04-03 4 RING BINDER (for all your presentations) A heritage of Swiss precision and dependability you need at the price you like. price lists, company brochures and many literature an attractive style that makes your customers want to re&d. i ur »»»HJ 11r!< 1 di-i'r •f. t ihico IBICO SINGAPORE PTE. LTD.63 words
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Advertisement224 1987-04-03 4 LONDON The business person's choice, every Tuesday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving Heathrow at 06:45 hours the following morning. Call your Travel Agent or Air Canada at *****55. Effective thru 30 April 1987 AIR CANADA® AAAAAA AAAAA AAA AA r You are cordially invited224 words
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Page 5 Advertisements
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Advertisement226 1987-04-03 5 v We know him better than his own mother does. Meet John J. Montague Executive Vice President, Marketing for Consolidated Technologies Inc, Springfield, Ohio, U.S.A. Most hotels he stays in would never get to know much more than that about him. But at the most exclusive hotel in town we226 words
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TECHNOLOGY
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Article, Illustration1117 1987-04-03 6 CHARLES SAVAGE - Five years after its inception, the Singapore Federation of Computer Industry is poised to play a bigger role in the economy. In an interview with council members, CHARLES SAVAGE examines how the SFCI is helping the government to realise the National Information1,117 words
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Article, Illustration485 1987-04-03 6 A CELEBRATION that includes a half-year exhibition at the Smithsonian Institution in Washington and the issue of four new British postage stamps has been launched to honour the person considered by many as the greatest scientist of all times Sir Issac Newton. Three hundred485 words
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Page 6 Advertisements
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Advertisement110 1987-04-03 6 J£JZ it *5 s 1 4 t' ®f i '*1 > N r V r V A 2 V w A k JV iT—'. s > r 41 #> Mm? JSP life, 4 s j- i- *§ytte* A PERFECT LIKENESS the morning sun rising through a lightened sky touches, too110 words
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Page 7 Advertisements
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Advertisement216 1987-04-03 7 daisaooa anox 01 xavd a\o iA/oajs.un sxjvai 9NOoor I as SlOOd ONHA/WIMS o oooaoooa m > m 09- < Z co s: IsQo «9§ I .VI a I rrv A- S&6, •asws i_■ (ft f _v- y- .;ti -si-V.» .-i- Vz?V h£ ?SS m »<r W.v <- r +kltJtr* 4-,216 words
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FEATURES
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Article559 1987-04-03 8 EVEN if they did not quite kiss on a park bench, or elope to a luxury villa in the suburbs of Moscow, as two newspaper spoofs had it on April Fool's Day, the meeting between a British Conservative and a Russian radical managed to point559 words
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1076 1987-04-03 8 M SELVARAJA - Short-term survival hinges on Esso Production Malaysia contracts Malaysia's offshore fabrication and engineering industry is suffering from overcapacity because of a severe recession in the oil and shipping business. Naturally, there is great interest in job contracts worth millions that will be tendered outBernama ES - 1,076 words
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Article, Illustration823 1987-04-03 8 LAWRENCE McDONALD - By LAWRENCE McDONALD AFP BUSINESSMEN in Macau are hoping for a surge of foreign investment in the run-up to the Chinese takeover of the gambling-depen-dent, Portuguese-run enclave in South China in 1999 Traders and investors said last Friday that Sino-Portuguese joint declaration onAFP - 823 words
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Page 8 Advertisements
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Advertisement139 1987-04-03 8 ft r V. 5* 1 J J. (7, ORDER FORM Yes, I would like to subscribe/renew Please send the magazine to the following address: ~l Address: Company: Designation: Enclosed is cheque/money order no: Charge my American Express/Visa/Master Card account Expiry date Card No: for $48.00/$7 l 25/***** Signature Complete the139 words
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Page 8 Miscellaneous
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Miscellaneous195 1987-04-03 8 mmamb CRYPTIC PUZZLE ACROSS 4 There's simply no question (6) 7 Vessel finally at Wembley (3. 2. 3) 8 Brought up with the right ideas, possibly (6) 10 Fast buses, say? (5) 13 A projected diversion (4) 14 Fishy bits (4) 15 He may be paid (4) 16 Chop some195 words
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Miscellaneous484 1987-04-03 8 11 Fifty-one pence worth of sauce? (3) 12 Writing of letters, for instance (5) 13 Dismiss a fellow when shot at (5, 2) 15 A mousy flier (3) 16 That woman in the red dress (3) 18 He's heard more than ever (6) 20 Attack for having the radio working?484 words
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SPORTS
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299 1987-04-03 9 AFP NIGEL MANSELL, runner-up in the World Drivers' Championship last season, has warned that there could be a revolt among his Formula One colleagues at next week's Brazilian Grand Prix. They are furious with the new sliding scale of charges forAFP - 299 words
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Article190 1987-04-03 9 Reuter ENGLAND established itself as the clear favourite to qualify for the European Soccer Championship finals from Group Four when it beat Northern Ireland 2-0 in very comfortable style on Wednesday night. First-half goals by rejuvenated captain Bryan Robson and in-form winger Chris Waddle enabled theReuter - 190 words
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Article, Illustration925 1987-04-03 9 UPI RAY LEONARD says he always knew he would fight Marvin Hagler. He just didn't know when. Using boxing history as a judge, that makes sense. The best of welterweights inevitably move up to challenge middleweights and the sport's biggest names almost always makeUPI - 925 words
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Article, Illustration556 1987-04-03 9 AFP THE FICKLE English weather could destroy Richard Dunwoody s chance of a Grand National double on West Tip in Liverpool, England, tomorrow. Last weekend. Michael Oliver's horse seemed set to fly in the face of tradition and be only the seventh horse to win theAFP - 556 words
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Article, Illustration199 1987-04-03 9 Reuter TOP-SEEDED Hana Mandlikova of Czechoslovakia, fourth-seeded American Lori McNeil and eightseeded Sylvia Hanika of West Germany all won straight-set victories on Wednesday to advance to the quarter-finals of the US$l5O,OOO women's indoor championships in Piscataway, New Jersey. Mandlikova easily defeated American teenager Marianne Werdel 6-1 6-3.Reuter - 199 words
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475 1987-04-03 9 AP TOP-SEEDED Boris Becker glided through his debut on Wednesday night in the U*****,000 Fila Trophy Indoor Tennis tournament, easily dispatching Stanlislav Birner 6-1, 6-3 in a first-round match. The West German ace took just one hour to defeat his unseeded opponent at Milan's PalatrussardiAP - 475 words
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Page 9 Miscellaneous
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Miscellaneous1541 1987-04-03 9 to sm mm HI 5 I A well-made Australian drama based on the real life holdup of a group of Melbourne bookmakers after a long racing weekend. The two-part drama begins with the lead villain who puts together a team and begins planning the robbery, until rival gang members interfere.1,541 words
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INTERNATIONAL STOCKS
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316 1987-04-03 10 FT GUINNESS is hoping for a hearing before Easter of its High Court move to force Ernest Saunders, the company's deposed chairman, and his fellow director. Thomas Ward, to reveal the precise whereabouts of £5.2 million of the company's money that was transferred toFT - 316 words
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257 1987-04-03 10 FT BP NORTH AMERICA, British Petroleum's whollyowned subsidiary, has started its US$7O a share cash tender offer for all of the outstanding shares of Standard Oil, its US affiliate. Wall Street analysts believe there is still a possibility that British Petroleum may beFT - 257 words
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413 1987-04-03 10 Reuter WALL STREET stocks on Wednesday closed mixed as blue chips, in a surprising and abrupt change in the final minutes of the session, surged higher. Traders said a market on close buy programmes by Salomon Inc fuelled the late rally. The DowReuter - 413 words
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178 1987-04-03 10 Reuter EMERY AIR FREIGHT Corp has topped a leveraged buyout offer for Purolator Courier Corp by about US$4O million, but Wall Street is reacting as though another offer may surface. Purolator's stock climbed 5-3/8 on Wednesday to 40-1/8. 1/4 over Emery's US$4O-per-share offer.Reuter - 178 words
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Article141 1987-04-03 10 Am »i Ct Abrtibt 30% 50% 1 Atgoma S11 15* Bank Nova Scotia 18* Bank CM Montreal 33* Ball Canada 42* Bp Raaourcaa 41* Braacan CI A 37* uncti Campttf Laka 36* Canadian Imp Bank 21* 24* Carting O'Kaata 17* unch Cn Bthrt CI A 19* unch 17* Dom141 words
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Article556 1987-04-03 10 i +1 4 Alcoa 42* 1 Allag Irttl 24* Alltad Stg 46 AHM-Chalmar* 2% 46* Am Can Co 4a Ot Am CnwmM Am Ewe Pwr 92 26* Am Horn* Prod Am Motor* Cp w 4* 19 un i ch 1* Amerada Maaa 32* Amoco Corp Amr Corp am556 words
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Article888 1987-04-03 10 Amsterdam Am »i FLS ABN Aagon Ahotd 521 00 aoso 107 00 140 90 unch unch -01 -28 ***** AMEV Amro Bar* Am Stad Barkal BOLS 66 30 83 20 127 50 20 80 155 00 1 08 0.5 -03 -05 138 00 +15 Buahrman Ten*rod* 48 50888 words
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Page 10 Advertisements
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Advertisement405 1987-04-03 10 rPwr^Pf mvm m ja f; in? TfV -I ALL YOU WANT 1 4y> pfe o f > t* w C r, 4^ v pe son pe M Lunch: II am to 2.30 pm dail Sundays Public Holidays: 8 am to 2.30 pm iAXM /Vlc,iftnxsJoteC 181, Kitchener Road, Singapore 0820. lei:405 words
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Advertisement141 1987-04-03 10 London stocks on Pago 15 With the dynamic Melody Band from the Philippines. At The Lounge daily except Sundays. Bpm lam. with an extra hour on weekends and eve of üblic holidays. Happy fmlsll A] iliVi ill ili RTII Third drink is free with every two similar drinks ordered y141 words
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ASIAN STOCKS
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Article492 1987-04-03 11 HONGKONG: Bargain hunting by local investors helped share prices erase early losses yesterday and finish on a firmer note in moderate trading. The Hang Seng Index closed 13.50 higher at 2,709.41. The Hong Kong Index rose 5.62 to 1,741.94. Turnover fell to HKJ772.57 million. Brokers said the market's recent492 words
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Article307 1987-04-03 11 APH 03 MT All Sincere Indus 385 0 1 Asia Cement 37 00 06 Cathay Cons 47 00 0 3 Chang Hwa Bank 81 SO 3 5 Cheng Loong 36 30 0 7 Chia Hsin Cement 36 30 0 8 Chin Hsin Flour 15 60 0 3 China Chem307 words
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Article491 1987-04-03 11 TOKYO: Stocks soared to a record close yesterday in heavy trade as stability in the yen and firmness on Wall Street buoyed confidence. The market average closed up 327.54 at a record 22,367.72, but had risen as high as 22,542.51 in late morning before investors feared margin trading restrictions491 words
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Article103 1987-04-03 11 APR 02 PESOS Acoje Mining Anglo Ptiil 001 oooe unch ur>ch Apex Mining B Alias Con B 0 0575 34 0 0025 2 Baguio Gold Basic Petroleum Benquet Con B 0 005 0013 117 -0 001 uncti +1 First Ptiil Hldgs Lepanto B Marcopper 8 40 0 20 1103 words
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Article447 1987-04-03 11 SYDNEY: Australian share markets closed higher in active trading yes- terday, underpinned by keen demand for resource stocks. Strong gold and oil and gas sectors helped offset weakness among industrial stocks. The All Ordinaries Index closed near the day's high, up 5.7 at 1,696.8. The Gold Index rose 55.8447 words
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Article108 1987-04-03 11 Am 02 WON Cheil Sugar 3450 -30 Daelim Ind 837 *50 Daewoo Corp 1045 20 Daewoo Heavy 1409 -31 Daiahm Securitiea 4350 50 Dong Ah Ptiar ***** •100 Dong Suh Stock ***** 800 Dongbu Steel 2470 -30 Gold Star 2010 -65 Hanil Bank 1400 10 Hanil Cement ***** •100108 words
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Article170 1987-04-03 11 Reuter BANGKOK: The Stock Exchange of Thailand Index edged up 0.28 to 228 19 on a turnover of 571,622 shares worth 114.9 million baht. APR 02 BAHT Ao Kham Thai 196 -2 Ayudhya Invastmant 288 -2 Bangkok Agro-lnd 80 1 Bangkok Bank 259 unch Bank Of Ayudhya 180 -1Reuter - 170 words
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Article82 1987-04-03 11 Reuter A SPOKESMAN for Jardine Matheson Holdings in London said he could neither confirm nor deny a report in the Daily Telegraph which said Jardine was thinking of moving its listed property unit Hongkong Land Ltd to Bermuda. The report said Jardine, which moved its placeReuter - 82 words
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588 1987-04-03 11 Group seeks to enter telecoms equipment market Reuter TOSHIBA CORP, the Japanese electronics group which plans to enter Britain's liberalised telecommunications equipment market, risks becoming the first casualty in the current war of words over trade between Japan and theReuter - 588 words
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333 1987-04-03 11 FT CABLE AND WIRELESS, the UK company which is at the centre of the row over Japan's reluctance to open up its telecommunications market to foreign companies, is to help install and run a US$lOO million submarine optical fibre telecommunications systemFT - 333 words
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Page 11 Advertisements
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Advertisement198 1987-04-03 11 w m Wi s V llJvv r-, i3s at .J5 47 f-Tff Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood. Gado Gado, Sate (Satay). spicy Rendangs. Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the198 words
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Advertisement199 1987-04-03 11 There's a cafe on a lush, green hi 11... where you can take a break Meet friends Relax Make choices from the delightful international cuisine and Asian favourites Prawn Mee, Nasi Goreng Prawn Curry. Rahmschnitzel Hainanese Chicken Rice And much more. At Cafe in the Park Ample free parking C199 words
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Advertisement170 1987-04-03 11 Paramount Hotch Where the happy people go W "I COCKTAIL LOUNGE Experience a new and refreshing concept in cocktail lounge entertainment" Experience The Gazebo The frontispiece of Paramount Hotel, away from all the hustle and bustle A free flowing garden terrace in subtle shades of grey and beige And a170 words
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Advertisement178 1987-04-03 11 DELICIOZO HYAn Mama Mia! Pete's Place introduces more exciting gastronomic treats tor all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad178 words
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Advertisement180 1987-04-03 11 Peking A Sichuan Restaurant tHfn Ifltt HOKKI EN-PORRIDGE DINNER/SUPPER Buffet Style Choose from more than ft 20 appetizing dishes. 1 Eat all you can for only M Dinner/Supper Tlm«: 7pm 3am Ml ++10% service charge 3* government tax not included. vmi 19 Cairnhill Circle. Singapore 0922 Tel *****98 *****22 ext180 words
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COMMODITIES
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405 1987-04-03 12 ICO in no hurry to reopen quota talks Reuter LONDON coffee futures prices hit a five-year low on Wednesday on the prospect of unregulated world supply after consumers and producers meeting in London this week passed over discussing re-intro-duction of export quotas to controlReuter - 405 words
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247 1987-04-03 12 UPI IF ALUMINIUM CAPACITY expands as currently planned, in the period after 1990 there will be insufficient supply to meet the acceleration in demand, according to analyst Anthony Bird Associates" 1987 aluminium review. The review forecast that by 1995, non-socialist world primary capacityUPI - 247 words
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Article449 1987-04-03 12 Crude palm oN Mures closed easier in moder- j ateiy active trading on the KLCE yesterday. The market opened lower, after a higher closing, while the undertone of the market appeared firm as demand was said to be improving. But no fresh leads were forthcoming yet, although India449 words
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Article270 1987-04-03 12 HONGKONG: GOLD yesterday doeed firmer, ending the day near its higha on lata buying from overseas as the dollar weakened. It ended at U*****.20/70 an ounce compared with New York's finish of U*****.00/418.10. On the local market gold finished HK$lO above its finish here on Wednesday at HK53,906270 words
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Article89 1987-04-03 12 AN OVERSUPPLY of gasoil and kerosene from Singapore and the Middle East combined with strong speculating selling to push both products down sharply on the spot market. Naphtha and fuel oil prices rose slightly on demand for forward positions. Crude (FOB origin) USS/Wni < MM Uteri 189 words
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Article155 1987-04-03 12 Reuter THE KUALA L.f.r Tlx Market (KLTM) yesterday Elaiii one coat higher «I Mfli.il pm Mo on tarttor short-cowing In amM tretf» An spanlng price unchanpsi from Wednesday attracted further strong bMs of 118 lommo but as aeon aa a price one cent waa tested, buyers mm+mm andReuter - 155 words
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Article220 1987-04-03 12 BMQAPORE THE MARKET yeaterday closed slightly higher with May RSS One buyers quoted at 195.75 cents/kilo, up 0.75 cent from Wednesday. On the TSR-20 market, prices held steady on light buying intereat. TSR-20 May and June closed at 164.50 centa/kilo, both unchanged from Wednesday. MALAYSIA The market continued quiet220 words
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Article275 1987-04-03 12 Chinese Produce Exchange Stltn' noon doting pr V* an April 2 (SI/100 kg) Coconut oil M FOt MOO Otd drum FOt 9t.00 Now drvnt FOt 102.00 Copra MJxod (too—) 50 Pepper Mmituh ,fj|| FOt NIW Sorowak 1095.00 FOi foq NIW 1000.00 JwowQi tpeoo* btadi FOt NIW 890 00275 words
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Article288 1987-04-03 12 RAS prices *6c OTtaAO, FOB In bate NOON close IM 1 KS Prompt 199.50 200JON mrjwr* 199.50 200.50N tat 1 KSS May 87 195.50 196.00 195.75 196.25 tat 1 KSS Jun 192.50 193.00 192 JO 193.00 tat 2 *SS Of 182 JO 184 JON 182 JO 184288 words
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Article79 1987-04-03 12 MAY 87 JUNE 87 (currant month) (forward month) NOON NOON RAS Iwyws Mbn toy«n SSI 30 17QJOO 172.00N 170.00 *****N SSI 50 1*9 A) 170.00N 169.00 170.00N MRELB Sdm S»Iti SMI CV 245JO 247JON 246JO 24* JON SMI I 2 44 JO 246JON 245JO 247JON SMI S79 words
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Article324 1987-04-03 12 London Commodity Exchange fc^rw/SeSer do*ig prlcoi an April 1 i »nto» yodWod) Fmloiw «<0) r't Jwh| pricoi In CoffM loih kt-tfort OF > London, witn option May 1237/1240 (1270/1273) H^h/Low 1239/1220 Mr 1243/1245 (1281/1283) 1260/1230 Solo* (4200) Cocoa May 1303/1304 (1299/1300) M*i/Urw 1307/1301 Mr 1333/1334 (1324/1327) Solas 1334/1328324 words
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Page 12 Advertisements
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Advertisement484 1987-04-03 12 ft INVITATION LISTING mr PARKWAY HOLDINGS LIMITED (Incorporated in Singapore) N $60,000,000 6 PER CENT. UNSECURED NOTES TO BE CALLED LOAN STOCK 1987/1993 WITH DETACHABLE TRANSFERABLE SUBSCRIPTION RIGHTS ("TSR") TO SUBSCRIBE FOR NEW ORDINARY SHARES IN THE COMPANY PURSUANT TO THE PARKWAY HOLDINGS LIMITED PROSPECTUS DATED 31 ST MARCH 1987484 words
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Advertisement9 1987-04-03 12 TRADER VK'S r.f /»'</,' •*< /»,/> fiV '-'v. P*r> I niftr s9 words
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SHARE INFORMATION
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Article, Illustration4200 1987-04-03 13 AFTER FALLING for four consecutive days, share prices on the Singapore stock market rebounded across the board yesterday. Light bargain hunting and short covering helped shares to recoup losses suffered earlier in the week. Interest centred on local blue chips which have4,200 words
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Article273 1987-04-03 13 SINGAPORE Rises Indices April 1 April 2 M tanking 690 25 8T Compotit* 914.22 928.48 S 1 A 1130 20 BT 08/OS -250 -132 Koppol Corpo 300 18 IT CADI -6568 -6472 o c c 960 15 8T 10-doy MA -6353 -6367 Gonrtng! 660 15 BTOBV *****3273 words
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Article3501 1987-04-03 13 810 and offer prices officially listed and business in and reported to the Stock Exchange ot Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified AM Time Settlement Contracts are quoted after the word SETT"3,501 words
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Article301 1987-04-03 13 SEALION HOTELS Limited: 11th AGM at Gateway 4 Room, Level 2, Pan Pacific Hotel. Marina Square, Singapore 0103 on April 18 at 10.30am. INCH KENNETH KAJANG Rubber Public Limited Company: 77th AGM at 5th Floor, Straits Trading Building. 4 Leboh Pasar Besar. Kuala Lumpur, Malaysia, on Monday, April301 words
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Page 13 Advertisements
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Advertisement10 1987-04-03 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration832 1987-04-03 14 AMY CHEOK - OiMiBV ma By AMY CHEOK THE MEDIUM- to long-term outlook for the local stock market remains positive, although sentiment in the next few months may be subdued because of certain short-term risk factors, according to Tan Soo Nan, the director of DBS Securities832 words
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472 1987-04-03 14 Reuter MAJOR SINGAPORE BANKS are diversifying and gradually shifting their asset holdings from loans to debt instruments. The banks following the trend are Overseas Union Bank Ltd. United Overseas Bank Ltd, Over-sea-Chinese Banking Corporation and the Development Bank of Singapore Ltd. The shift towardsReuter - 472 words
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521 1987-04-03 14 BARGAIN-HUNTING activities helped the Kuala Lumpur stock market to recover some ground after three consecutive days of price slide. Situational lower liners and a handful of blue chips were traded higher but overall sentiment remained cautious. Market observers said investors were still hesitant but many521 words
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Article2111 1987-04-03 14 810 and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS Acmo (I(OB A*wma*> 0066 3I8S) Also* (71« G» «82,111 words
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Article127 1987-04-03 14 HONGKONG Hongkong Index Thursday *****4 Wednesday 1736 32 Week ago 1792 28 Hang Seng Index Thursday 2709 41 Wednesday 2695 91 Week ago 2783 12 All Industrials Thursday Wednesday Week ago NEW YORK Dow Jones Wednesday Tuesday Week ogo 2558 4 2557 6 2594 6 *****5 2304 69127 words
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Article252 1987-04-03 14 Managers' prices for April 3 MARA-Bumiputra First 6'putro 590 597 Singapore Unit Trust Second 6'putro Third 6'putro 508 4 18 513 423 The Coaneerce 1 02 1 10 Fourth 6'putro 4 76 481 The So«ngs fund 089 0*' F.ftf. 6 putro 316 321 Spore Prog Fund 041 045252 words
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Article, Illustration341 1987-04-03 15 By HOCK LOCK SIEW IN THE NEXT STEP on its long road to revival, financially hobbled Emporium Holdings is preparing to call for a creditors' meeting under the statutory provisions of Section 210 of the Companies Act. Under these provisions, an ailing companyBy HOCK LOCK SIEW - 341 words
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Article1230 1987-04-03 15 Current Ex Book* Date Total tor Total tor V payment date close payable the year last year A B N 13%% NYA NYA NYA 27% 27% Acmo ■%TE NYA NYA NYA l%Tf 4%TE Amcol 10% NYA NYA NYA 10% '0% Asiatic Dev 3% May 6 Moy 19 Jul1,230 words
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390 1987-04-03 15 SEALION HOTELS LTD. to be renamed First Capital Corp Ltd soon, is holding an extraordinary general meeting on April 18 in which shareholders will be asked to approve its proposed acquisition of two commercial properties, Tung Cervtie and Robinson390 words
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324 1987-04-03 15 MBT GENERAL LUMBER HOLDINGS has secured timber concessions in Perak covering 8,100 ha as part of its efforts to obtain additional and long-term supplies of timber. Group executive director Nik Mahmood bin Haji Nik Hassan said that under the terms of its long-termMBT - 324 words
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Article710 1987-04-03 15 SHARES were marked up at the outset yesterday after a late rally on Wall Street left the Dow Jones average with an 11-point gain. The FT 30 on Wednesday closed at 1558. down 19 1 while the FT 100 closed at 1973.1. down 245. industrials Apr 1 P*«C#710 words
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Article, Illustration522 1987-04-03 15 AMY CHEOK - Directors optimistic about the future By AMY CHEOK AVIMO SINGAPORE, which has been given the nod to go public on the main board of the Singapore stock exchange, is forecasting a tax-exempt dividend of 20 per cent or four cents per share for 1987. The manufacturer522 words
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315 1987-04-03 15 LORETTA McLAUGHLAN - By LORETTA McLAUGHLAN CHUAN HUP Australia, the 40 per cent owned associate of Sin-gapore-listed Chuan Hup Holdings, boosted its first-half profits in the six months to end-Decem-ber from A 53.86 million to A 54.73 million before tax though revenue in that time315 words
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Article97 1987-04-03 15 THE STOCK Exchange of Singapore will be holding a course entitled "How to invest in stocks and shares". The 12-week course will be on every Tuesday (6.30 pm to 8.30 pm) starting from May 5. The course leader is Dr Robert Chia from the National University of Singapore.97 words
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Page 14 Advertisements
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Advertisement407 1987-04-03 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND SHBUOKA YAJTMAYA SINGAPORE PTE LTD NOTICE OF RESOLUTIONS FOR CREDITORS' VOLUNTARY WINDING UP (Pursuant to Section 290(2) At meetings of members and creditors of Shlxuoka Yajlmaya Singapore Pte Ltd duly convened and held at 9 Penan? Road #10-07 Supreme407 words
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Advertisement375 1987-04-03 14 In The Matter of The Companies Act, Cap. 185 And In The Matter of ROGERS IMPORTS (ASIA) PTE LIMITED (In Members' Voluntary Windlng-Up) Notice is hereby given, pursuant to Section 306 of the Companies Act, Cap. 185, that the final general meeting of the members of the above-named company will375 words
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Advertisement454 1987-04-03 14 EN THE MATTER OF THE COMPANIES ACT, CAP. ISS AND IN THE MATTER OF HENLEY ELECTRONICS PTE. LTD. (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Company duly convened and held at Block 1010 Eunos Ave 6, N0.22, Singapore 1440 on the 28th day of454 words
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Advertisement389 1987-04-03 14 o Export Credit Insurance Corporation of Singapore Ltd U. 5.530,000,000 Guaranteed Floating Rate Notes due 1989 In accordance with the provision of the Notes notice is hereby given that for the six month period from 3rd April 1987 to sth October 1987, the Notes will carry a rate of interest389 words
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Advertisement276 1987-04-03 14 IN THE MATTER OF THE COMPANIES ACT. CAP. 1«5 AND IN THE MATTER OF FEBECO PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of FEBECO PTE LTD duly convened and held at No. 191 Upper Buklt Tlmah Road, Pacific Hooae, Singapore 2159 on March276 words
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Advertisement311 1987-04-03 14 IN THE MATTER OF THE COMPANIES ACT. CAP 188 AND IN THE MATTEE OP HIAP PTE LTD (Incorporated in Singapore) At an Extra-Ordinary General Meeting of the Members of HIAP CHIN TRADING CO PTE LTD. duly convened and held at 33 Tuas Crescent Singapore 2383 on the 27th day of311 words
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Page 15 Advertisements
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Advertisement234 1987-04-03 15 hat J*&t i w •■i Organised by r~ ip ,i- -HHt-' ->**i it" Mr Sfdok Sonfff Ministry of Tnrti IndOMry Mr HoyWirt I* »j 1% i J*V Tb* Imtfttiti of tho w Aafc* 35 UUI I z. Or Nf Kim Choon National Uitfearsßyof "Utilisation of Enflna of an an air234 words
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495 1987-04-03 16 B181il& US-Japan V ==T fane «"spute J W L_ Tokyo official does not rule out retaliation AP. Reuter EVEN if Japan decides that US sanctions announced last week in a semiconductor trade dispute overstep international rules, it will not adoptAP.; Reuter - 495 words
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397 1987-04-03 16 AP A US COMMERCE Department official has criticised a proposal for greater disclosure of investment in the US by foreigners. "The fall in the value of the dollar will attract more foreign investment unless the Congressman who spoke to you this morningAP - 397 words
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Article173 1987-04-03 16 UPI EIGHT HOUSE panels share jurisdiction over the Bill, designed to enhance American exports, crack down on unfair foreign trade practices and provide relief to import-battered industries in America's struggle to reverse its five-year trend of record trade deficits. Most of the committees have completed actionUPI - 173 words
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485 1987-04-03 16 Reuter YOUNG INDONESIANS, taking advantage of the relative freedom of the election season, have been massing at political rallies in the capital to press their concerns about unemployment and human rights. Several clambered onto the speaker s platform on Wednesday at aReuter - 485 words
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85 1987-04-03 16 AFP CHINA has agreed with Britain to include a controversial clause in a new British-Hongkong passport to be issued to about 3.3 million people in the British colony. China was "sympathetic" and gave the green light to the question of including "a right of abodeAFP - 85 words
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LATE FILE
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Article42 1987-04-03 16 Bernama UMNO DEPUTY President Datuk Musa Hitam claimed at a Johor Umno convention yesterday that the country's economic recession was caused by problems of leadership, trust and confidence and was not the result of the world economic recession.Bernama - 42 words
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Article32 1987-04-03 16 Bernama PAS DEPUTY President Haji Fadzil Noor felt it is not impossible that a general election will be held after the Umno supreme council election on April 24. BernamaBernama - 32 words
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Article33 1987-04-03 16 Reuter The PHILIPPINES looked forward yesterday to a resurgence in Japanese investment as kidnap victim Nobuyuki Wakaoji returned to Tokyo 36 hours after his four months of captivity ended.Reuter - 33 words
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43 1987-04-03 16 Bernama THE FORMER wife of Batu Umno division chairman Senator Azman Atar Othman, Puan Cerila D Beldia alias Rohani Abdullah, 41 obtained an interim injunction from the High Court in KL yesterday restraining her ex-husband from further intimidating her.Bernama - 43 words
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Article32 1987-04-03 16 Reuter JAPANESE Prime Minister Yasuhiro Nakasone opened the door to a compromise on a controversial sales tax plan yesterday by saying it should be changed if it is wrong.Reuter - 32 words
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Article44 1987-04-03 16 Reuter A HONGKONG appeals court yesterday doubled the jail sentence from two to four years, on a former senior official of the Overseas Trust Bank, Dominic Cheung, 62, convicted of conspiring to defraud the bank of US$66 million ReuterReuter - 44 words
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30 1987-04-03 16 AFP REPRESENTATIVES from eight religions in India are to plot a "spiritual counterforce to fundamentalism" at a two-day meeting in New Delhi this week-end. AFPAFP - 30 words
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Article, Illustration398 1987-04-03 16 SOH TIANG KENG - By SOH TIANG KENG, i, Financial Correspondent THE International Accounting Standards Committee (lASC) yesterday complimented Singapore for following sound international practices in presenting its financial statements. Mr David Cairns, secretarygeneral of the London-based lASC, said: "My impression is that you have a strong Singapore Society398 words
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73 1987-04-03 16 AP TAIWAN will not change its position of no contact with China in spite of renewed communist overtures for reunification. "Our policy of having no contact, no talks and no compromise with the communist Chinese is a positive one," Foreign Minister Chu Fu-Sung saidAP - 73 words
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Article98 1987-04-03 16 UPI AUSTRALIA and China have agreed to work towards China achieving a one per cent share of Australia's imports of machinery and electrical goods over the next five years. The agreement, reached at the inaugural meeting of the AustraliaChina joint ministerial economic commission, is part of the effortsUPI - 98 words
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328 1987-04-03 16 UPI THAI opposition leaders yesterday met to draft a motion of no confidence in the government, saying that they already had the votes needed to introduce the measure. The attack on the coalition government of Prime Minister Prem Tinsulanonda came as Parliament reconvened forUPI - 328 words
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408 1987-04-03 16 Bernama ES ARAB-MALAYSIAN Merchant Bank Bhd and Arab-Malaysian Securities Sdn Bhd said yesterday that they had handled enquiries and orders for Malaysian International Shipping Corporation shares during its recent flotation exercise "to the best interests of its clients". These transactionsBernama ES - 408 words
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Article170 1987-04-03 16 Bernama ES BANK NEGARA said yesterday that it was still looking into the 1985 and 1986 accounts of Sabah Bank Bhd. which was reported by The Star yesterday as being the next target for a takeover by the central bank In a brief statement reactingBernama ES - 170 words
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Article71 1987-04-03 16 AFP GREECE and Turkey have been engaged in a discreet diplomatic dialogue since the beginning of the week, but observers said the two countries had not resolved all the differences that prompted them to trade threats of military action late last week. Greek Prime MinisterAFP - 71 words
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Page 16 Advertisements
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Advertisement123 1987-04-03 16 w Your family's happiness in Singapore will be determined by the environment in which they live That's why you owe it to yourself to check out Ardmore Park. School buses call at the gate there is aerobics, squash, tennis, swimming, chip and putt and special interest classes for all Above123 words
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Advertisement20 1987-04-03 16 New law will hslp davsloping nations' trada, Paga 3 Toshiba could bs first to taal UK trada angar, Paga 1120 words
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Advertisement30 1987-04-03 16 Tha Comax and Dow Jon** reports wor* not avallabla at prsss tima m Br^ a.a' a V,p.o^ a S»™ Hilton Holel #02-24/25 Tel: *****56 Monday Saturday: 10 a.m. 6.30 p.m.30 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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Article, Illustration321 1987-04-03 17 LINDA CHEE - By LINDA CHEE ORIENT Overseas Container Line has reported good liftings from Straits ports in the first quarter of 1987, with loadings of around 95 per cent for each of its vessels. This good performance follows the completion of debt restructuring of its321 words
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259 1987-04-03 17 LEADING Finnish shipbuilder Wartsila Marine Industries (WMI) has established an office in Singapore to offer design packages and equipment procurement for specialised vessels. The new set-up, which formally began work on April 1, will be engaged in marine turnkey projects in South-east Asia,259 words
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105 1987-04-03 17 ABOUT TWO hundred guests will join Shipping Times in its ninth anniversary celebration this evening. The function has traditionally been an annual opportunity for the shipping community to renew ties and establish contacts on an informal basis. This year will be a grander affair for105 words
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PORTSIDES
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Article64 1987-04-03 17 AFP A 108-METRE sail boat destined for the Soviet Union capsized and sank on Tuesday as it was launched at the Lenin shipyard in Gdansk. The vessel was the second of a Soviet order for four being built at the yard, workplace of Solidarity leader LechAFP - 64 words
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Article110 1987-04-03 17 AP THE UNITED STATES Navy will launch a new minesweeping ship this weekend. The Defender, a so-called Avenger-class ocean minesweeper, will be launched on Saturday at the shipyards of the Marinette Marine Corp. Vice Adm Thomas J Hughes, the Deputy Chief of Staff for Logistics,AP - 110 words
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Article66 1987-04-03 17 NEWPORT NEWS Shipbuilding, a Tenneco Inc unit, has completed the acquisition of the Sperry marine system division of Unisys for about US$7O million. The purchase includes all the worldwide operations of the former Unisys division. The division is involved in research, engineering, manufacturing and test facilities, and66 words
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Article, Illustration985 1987-04-03 18 Lloyd's Maritime Asia HONGKONG wrested the position of the world's second busiest container port from long-standing title-holder New York at the end of 1986 Elation was however tempered with concern about the port's capacity to handle throughputs as high asLloyd's Maritime Asia - 985 words
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150 1987-04-03 18 SOUTH KOREA has beaten off strong competition from Britain and Far East shipyards to win a US$l2O million contract to build offshore patrol vessels for India. Korea Tacoma Marine, which constructs primarily naval ships, will build at least three patrol vessels in150 words
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Article943 1987-04-03 18 AB Shpg V s ABC Container vm i Accord Shpg VI 3 Ahrenkiel liner X 1 Africa Ocean IX 4 Alltrons VN 3 AC Toepfer X 5 Anro Service IV 2/3 Arrow lines IX 5 Atlas line X 3 ANl 1 1/2 A PC line V 4943 words
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Article1109 1987-04-03 18 RATES for vessels loading grain in the US Gulf show some irregularity although the general trend still appears to be bullish on Wednesday, shipbrokers said. Two grain cargoes were covered from the Gulf to Algeria at US$25 and $26 respectively, well up on the $20 to $21 paid1,109 words
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Article173 1987-04-03 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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171 1987-04-03 19 ZIM ISRAEL Navigation is in the market for replacements for seven container ships for the Zim Container Service linking Israel and the Mediterranean with the US and Far East. Though it has made enquiries with a number of shipyards, Mr171 words
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371 1987-04-03 19 Keen competition from South Korea and China Reuter TAIWAN'S shipbreaking industry is expected to decline sharply this year in spite of the boom in 1986 because of keener competition from South Korea and China, the rising Taiwan dollar and US importReuter - 371 words
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381 1987-04-03 19 JAPAN has formed its first recession cartel in marine diesel engine output. The 15 manufacturers of large ship engines plan to cut total production by 30 per cent, to 3 million horsepower per year. This drastic reduction381 words
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Article201 1987-04-03 19 Seatrade Week PRESIDENT Corazon Aquino has decided to retain the Maritime Industry Authority, but is expanding its powers as part of the much-awaited revamp of the Philippines Department of Transportation and Communications. Details of Aquino's executive order, signed on Jan 30, have yet to be publicised.Seatrade Week - 201 words
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Article58 1987-04-03 19 IN A Shipping Times article on March 31, "Bangladesh seizes Spore registered ship," Associated Press reported that the Singapore-registered ship Chinauei was confiscated by the Bangladesh government after its captain was found guilty of smuggling goods worth about US$3OO,OOO. We have been informed by the Marine Department58 words
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269 1987-04-03 19 Kingsley Wood - Kingsley Wood TWENTY-FIVE interested parties have applied to the NSW government to take over all or part of Newcastle State Dockyard They have come from construction groups and companies already involved in some aspect of shipbuilding or shiprepair. They include Eglo269 words
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3788 1987-04-03 24 AARMUS Ming Energy Yang Ming Lin* April Xing He China Ocean Shpg April 4 Larga Bay Triot. April 4<Pt() Ville De Mercure CM D Aftretement, April Pacific Sunshine ScenOutcht April 7 Anna Meersk Www Line April 9 Ever Growth Evergreen April 9 Kasug*3,788 words
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Article1267 1987-04-03 24 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES Auby K25W alongside 03 04/1800 larftn Hdd K28 olongi.de 03 04,0600 Folgo •CIS alongside 03 04/0600 Ivytoonk K30 alongside *****600 kmtom K23 alongside 0304/0700 Koto ioyo Ol olongnd« *****600 Maksim Gorki Oi alongside 0404/2100 Nod Son juon KI81,267 words
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Page 17 Advertisements
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Advertisement862 1987-04-03 17 JeanJlAuei Tm nun vV t Mammoth Hunters Jean M. Auel M CORONET BOOKS Available at all Good Bookshops PUBLICATIONS Ju'ong Pcki Road S-ngapore ??6l le* ?6SBBSS mm SNIPPING AGENCIES (R«f. No. M2K4/00K) 200 Cantonmwt Road #12-06 Southpo.nt. Singapore 0201 Mil#/ Til *****11 TELEX NO RS 2*179 V mrrnrim termihal/cfs tk862 words
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Advertisement71 1987-04-03 17 mm HONGKONG wrested the position of the world's second busiest contoiner port from long-standing title-holder New York at the end of 1986. Page II TAIWAN'S shipbreaking industry is expected to decline sharply this year in spite of the boom in 1986 because of keener competition from South Korea and China.71 words
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Advertisement1093 1987-04-03 17 A WOMAN Of POWER. SHE SUBSTAHCE needed LOVE. SHE WANTED REVENGE. A WOMAN OF SUBSTANCE Hul what is ihe price JL she has paid? ,y Available at all good bookshops MAERSK LINE EUROPE The Direct Line Towards A Weekly Service Ttm <m> Anna M Cto»ng Timet CY 8/4 2300 MRS1,093 words
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Page 18 Advertisements
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Advertisement316 1987-04-03 18 02 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT Also accepting cargo to all U.K. destinations. Scandinavian (Aarhus. Copenhagen, Gothenburg) and other [uropean Inland points OUTBOUND TO MEDITERRANEAN Also accepting FCL Cargo to limassol, Mersm.316 words
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Advertisement17 1987-04-03 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association17 words
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Advertisement371 1987-04-03 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PIN DOS SKIPPER N Li CHANG LING PT. of LDQ IJnuMan-Antwerp-Cardiff Qynfclrt-IJ—Man AeSear■ TEL: 03-*****50 I Malaysia son. bho. TLX: ***** MTM Frt Booking contact Miss Gan PT KLANG Further load/ discharging ports an rout* subject to sufficient inducement Singapore Offer MTM Spore. Tal: *****00371 words
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Page 19 Advertisements
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Advertisement842 1987-04-03 19 WW 111 kllll sj "lUMIHUUI Jt I lIV V The Straits Steamship Group Mansfield Container «S' Shipping Pte Ltd P&OCL Js4 P&O Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERS** SERVICE TO UK/CONTINENT: PEGASUS PRIOC Pt CASUS PRIOC BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80842 words
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Advertisement465 1987-04-03 19 CSAV Compjnu Sud Amcncono tic Vjpcrcs S A Line t t ia7? DIRECT SERVICE TO/from CHILE fEEDER VESSEL S POKE I MOTHER VESSEL HK ARtCA MJQ ANTOf VALT STO KASUCA MARU V* MELAMPVS UM VI 7# M 11* 11* MENEM EXPRESS M Tl* (YOK Vl*)— Z7/5 art H/S KNAVON M465 words
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Advertisement327 1987-04-03 19 NOTICE FAR EASTERN FREIGHT CONFERENCE NOTICE TO SHIPPERS Signatories of the General Cargo Contract of the above Conference are advised that with effect from Ist April, 1987, the names of Belgian Far Eastern Line and Franco Belgian Services (C.R. and B.F.E.L. Joint Services) should be deleted from the list of327 words
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Page 20 Advertisements
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Advertisement274 1987-04-03 20 8E CONTAINERSHIP SERVICE TO UK/CONTINENT Hapag-Lloyd COPENHAGEN. AARHUS. GOTHENBURG. MALMO HELSINKI OSLO AMSTERDAM CARIBBEAN I S. AMERICA CONV/SEMI-CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED EUROPE SP n PEN TRIES OX BILBAO HBG S HAVEN AMS DURMITO# I*4 11/5 2«4 31/5 70 JW CONTAINERSHIP SERVICE FROM UK/CONTINENT Agents Singapore *****66274 words
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Advertisement732 1987-04-03 20 *Su** JtG.&.IjINE fiMfM SMIPPiM C9**9*AH9* FULLY CONTAINERISED SERVICE ORIENTAL CHIEF 53W KOREAN CHANCE 31W CHINA CONTAINER 39* NEPTUNE CRYSTAL M VENEZUELA BRIDGE «5W FROM EUROPE VIA SUEZ J Member Ate Consortium lIJUY CONTAINERISED 10 FROM NORTH AMERICA WES! COASI CONVENTIONAL SERVICE TO PERSIAN GULF VESSEL CRYSTAL REED INDON S PORE732 words
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Advertisement352 1987-04-03 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: •FAYROUZ 2 ITC 003 ITC-OM MOORORECHT 10/4 ITCOOS 'Alto loading Agents SINGAPORE CALICO SHIPPING PTE LTD n mam run sou cauco fax: zmhti PORT KELANG PCRKAPALAN UTAKA SON BHD Tel: MUM KOTA KINABALU KESAWAN SNIPPING SON BHD rtt nam a352 words
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Advertisement1142 1987-04-03 20 a EVERGREEN Full Container Service Round-Tho-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) SGP HBC fIX ROM ANW LHV NYC NFK CMS EVER GROWTH *4 S/4 US J/5 4/S Sff 14/5 IS/5 17/5 EVER GRACE 17/4 1/5 li/5 12/5 Urt I*s ai M W EVER GREET 225 I*s 15/5 1751,142 words
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Page 21 Advertisements
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Advertisement706 1987-04-03 21 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE GOWA KOTA SMOA MMAFAHfT SIN JKT MY SIN HKQ 2S/4 2S/4 *V 4 4/5 K9 Ml/4 1/4 IS/4 11/4 IS/4 11/4 IS/4 »/4 MURORAN (NOKKAIOO) *MTC HITACHI KAO KCI 'MUM *HTC TOK706 words
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Advertisement863 1987-04-03 21 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT MM BHAVEN RDAM HAVRE STON f KLANG IKM FOR mm Eipraaa bM MM MM MM MM *4 BU, NG. TK MM MM MM MM MM MM IR IM MU, TIN rpni ky SaiM WIM SMM NML863 words
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Advertisement539 1987-04-03 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 SINGAPORE TO EUROPE VESSEUVOY OCEAN PRIMA/7WB SRIWIJAYA/19WB LJ BONTANG/11WB CAN OA GAMA.UWB MATARAM/IMVB Subject to InduMfiMnt Alto •ocopMng cargo to Caaablanca, Port Said. Port Alexandria, Qanoa, Trlaato. ALSO539 words
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Advertisement347 1987-04-03 21 BOUSTEAD SHIPPING AGENCIES LASH 10 VMM MYOMAYWA VKBW PA-AN VIOJW HTONEYWA V223W pagan mm BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HMBG TOANA NIUGINI V3N 17/4 12/5 20/5 16/5 TAUSALA SAMOA347 words
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Page 22 Advertisements
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Advertisement1602 1987-04-03 22 v ®."K"line USA CANADA ATLANTIC COAST (Round Tha World Sarvlca) 0 FAIR V 2 G W BRIDGE V4/RAINBOW BRIDGE V 6 C R TOKYO VBE/N GARNET V 8 0. FREEDOM Vl3 SPORE 3 Apr 25 Apr 10 Apr 2 May 14 Apr 9 May 24 Apr 16 May KAWASAKI KISEN1,602 words
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Advertisement795 1987-04-03 22 £*<«£fSfi AUSTRALIA EXPRESS CONTAINER SERVICE AeospOng FCUFCL Contain*,* P *»hnf Liner M S port IMb Frem Sfdn Aho Accwrs CALABAR *33 5 Apr RAMDAS" *78 U Apr 27 Apr t May 4 May AM'Brn ESTECLIPPER 113 Apr "CHANDIDAS" V 25 21 Apr 13 Ma? 22 2C May Add Bra CALABAR795 words
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Advertisement714 1987-04-03 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23 It* ji'ft* SMGtfORf 0104 m 534J9M lit INS) STRAITS/PERSIAN GULF SERVICE: Spor. p Ketone ?*<•<« GOLDEN BEAR Cotanbo'Karacfci/Mmi Qatxm/Dubai 12/14 Apr GOLDEN HARVEST Colorobo'KaracfM/Dubei/BahraMi lAO toy CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE S REPUBLIC OF CHINA P.KLANG PENANG DESTINATION 1/4 5/4714 words
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Advertisement480 1987-04-03 22 4pINTRASEA (PTE) LTD. 15 Hoa Chiang Road, aO7-02/03. Sanford Building Singapore 020S Tal *****11 (10 Llnaa) Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK AGIOS NIKOLAOS 1703 WESTERN EXPRESS S7M S>ora P Katanf Loading larSAILEO SETE/ROT/ANT UK (HULL) I*4 17/4 ROT/ANT/ESB UK (NULL) Agtnti Singapore INTRASEA (PTE) LTD BOOKING *****11 K480 words
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Page 23 Advertisements
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Advertisement917 1987-04-03 23 44 r. NEPTUNE AGENCIES PTE LTD FE EU/AUST TP A/SEA 7 H H Tel No Office Tanmnel CFS BOOKINGS *****3 *****2 —--T-—>C m%M "w man miw *****1J U lirnTl Ifcir" nnirkiT i Ik mr« I Klwpu' NEPLINE SON BHD. *****33 V\ NEPTUNE ORIENT LINES LTD NEPLINE SON BHD um*nmmMiK**2 Jj917 words
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Advertisement393 1987-04-03 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG. BUSAN. INCHON NLl£j«M s iT p njn< an No t Donam7Q3h 15/4 it/j 29/4 c/c No 7 Oana*/7t3N 17/4 21/4 2/5 No t Donam/7MN 30/4 3/5 S/5 16/5 22/5 S ft*"" H5 11/5 27/5 No 7 Donam/704N 20/5393 words
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Advertisement771 1987-04-03 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S HANDLING SYSTEM CO SON BHD No 14 Jaton Cunah, Port K«4an(. S«i»n«x Malaysia U771 words
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Page 24 Advertisements
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Advertisement402 1987-04-03 24 SINGAPORE SHIPPING CORPN.tPTEI LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF RACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE TO EUKOPE |S PO«£ I-I NACA ••VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Limassol, Beirut, Alexandria, Port Said, Iraqi, Iranian and402 words
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Advertisement361 1987-04-03 24 i/s INTEROCEAM EXPRESS LINE Weekly LCL Consolidation Service SAMUDEM INDONESIA (SI SDN. DND. 2 Shenton Way #04-23 »CB Bktg Singapore 0106 Tatax: R*****0 Tal: 222 4281 3 WEEKLY FULL CONTAINER SERVICE BETWEEN SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA RATU KONSORTIUM 077 7 487 94 87 bookings info Samudera *****81 Eka Jaya361 words
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Advertisement331 1987-04-03 24 IEI JVaniaiZine East-South Africa Sarvica REGULAR FULLY CONTAINERISED EXPRESS SERVICE S TO f LOUIS DSN L LDR P.ELI2 CTOWR NANTAI PRINCE V-7S 4/4 13/4 17/4 ISM 20/4 a/4 NAN N»A V-3B 1W 27/4 NANTAI PRINCESS V-14S 7/5 IS/5 Iss 21/5 22/5 23/5 SSST" JS.? ,S ii S s •eert AfMtc331 words
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Page 24 Miscellaneous
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Miscellaneous152 1987-04-03 24 Regional Weather Bft ft Fi 32 R m liS ULJ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm c X\ A Weother _X W<*) (Vection witti speed *1 knots Ran W CkxxJy Sky WO W#t« wm<h or* indicated br o"o*i otxti w.rti Hie »md O On.152 words
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Page 25 Advertisements
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Advertisement433 1987-04-03 25 HERMANN VT LUDWIG International Freight Forwarders WEEKLY-CONSOLIDATION SERVICE ACCEPTING FCL/LCL HONG KONG BANGKOK TOKYO HAMBURG/ROTTERDAM COPENHAGEN SYDNEY t MELBOURNE FREMANTLE FELIXSTONE LOS ANGELES ETD SINGAPORE 02.04.87, 060 14.04.87, 230 04.04.87, 08.0 11.04.87. 15.0 18.04.87, 22.0 29.04.87 09.04.87, 16.0 23.04.87, 30.0 04.04.87, 14.0 20.04.87, 29.0 05.05.87, 14.0 20.05.87 06.04.87, 18.0 28.04.87,433 words
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Advertisement258 1987-04-03 25 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Etd. S PORE Etd. PKLG Destinations: E SHANTOU. GUANGZHOU HUANGPU. XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI OTHER PORTS SMUWRE AGENTS AAPIO SHIPPING PTC LTD TEL M ***** Til 22*5 WEEKLY SAILINGS PKELMG/UUKPUi AGENTS: FOftTHANS SERVICES S/B. Ttl f3379*5/ 7337*7 WORLDWIDE258 words
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Advertisement694 1987-04-03 25 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA VESSEL VOY SINGAPORE JAKARTA PRASETIA 127-128 06/04 07/04 09/04 11/04 129-130 13/04 14/04 16/04 18/04 131-132 20/04 21/04 23/04 25/04 133-134 27/04 28/04 30/04 02/05 135-136 04/05 05/05 07/05 09/05 PRABHAKTI 48-49 In Port 04/04 06/04 08/04 50-51 10/04 11/04 13/04 15/04694 words
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Advertisement343 1987-04-03 25 6LORV NAVIGATION GROUP HiHl.H.m.i'lP TAIWAN TO SINGAPORE ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* SPORE P KELANC PCNANC 6ELAWAN KAOHSIUNC C SELATAN IX V-46 1/4 2/4 4/4 6 VESSELS OF LOG CARRIERS 5 VESSELS OF BRAND NEW TWIN DECKERS ON REGULAR LINER SERVICE FROM TAIWAN TO SINGAPORE AND343 words
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Advertisement210 1987-04-03 25 fs> FARGO SHIPPING COMPANY (PTE) LTD. REGULAR EXPRESS FULL CONTAINER AND LCL c ®VICE INBOUND AGENT FOR ABC CONTAINERLINE From USA V*l L HUDIG BRUSSEL Sailed 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 Arrow Lines S'PORE/COLOMBO/S.210 words
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Page 26 Advertisements
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Advertisement494 1987-04-03 26 r? FINE LINER SHIPPING PTE LTD Lj TEL: *****52, *****62, *****82 TLX: R*****1 FLINER ACCEPTING FCL, LCL CONVENTIONAL MIDDLE EAST SERVICE /4 DUBAI, BAHRAIN. MUSCAT. DOHA. DAMMAN. KUWAIT. ABU DHABI HONGKONG/CHINA SERVICE 1/4 XINGANG, BEIJING, TIANJIN, SHEKOU. 14, 23/4 SHANGHAI. GUANGZHOU. WHAMPOA J4 BANGKOK AUSTRALIA 6/4, 10/4 SYD, MEL. BRISBANE.494 words
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Advertisement428 1987-04-03 26 HEAP SENG TRADING SHIPPING PTE LTD •001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 071* TEL NO. *****22 (3 LINES) TLX NO. RS ***** HEAPCO PKLANC 7 APR U APR I*l4 APR If APt 20 APR am apr VOY NO VSS» V ***** VSSSI7 VHSI7 VSS7S7 VSSI7 SPORE W APR428 words
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Advertisement549 1987-04-03 26 C.Y. LINE (A Member Of The ACE Conaortlum) CHO YANG SHIPPING CO. LTD FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) ■ERCATOR VCt C R TOKYO VK TRANSRORLD MIOGE VK SEVEN SEAS BRIDGE V9E AIiENTS STRAITS COMTAMR AGfNCfS PT[ lID 15 HOf CHIANG ROAD549 words
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Advertisement837 1987-04-03 26 Everett Lines/ COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" lOMfcn| for Matarani. Ho •nd til othar Peruvun ports with transtwptiwnt M Kobt On CPY Throujti Mb oI Ltdinf to final dcxtinatnn Ptrung* P. Kalang Sinppor* THOMASEVERETT tP Apr HUGHEVERETT 20J21 Apr MANOLOEVERETT 5/8 May "EVERETT ORIENT LINE" JAPAN/BAY OF837 words
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Advertisement191 1987-04-03 26 JSiiPiWP! 'V.V:| VI."»TT—TTMTiMTrMTMTH SAVANNAH HAIFA HAIFA ■S j ACCEPTING CAK6O TO ADELAIDE VIA MtIJKKJRNt AND ALSO fCL TO C EILAT CONTAINER UNE h*F ■IP'W< dfmm GOLD STAR LINE GOLD A USA Abidjan/Apapa/Lagoi/Cotonoii P. Har/DoualafToma/Monrovi»/Lon* 11/4 GOLD STREAM Chitt*gonf/Co»omboobh»,' Momtesa/D E. Salaam/DurbM/Maputo 3*4 SA. VAAL Durtan/P. Elizaboth/ Capetown 1M ZIM FEEDER191 words
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