The Business Times, 28 April 1987
1987-04-28
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The Business Times
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Title Section12 1987-04-28 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, APRIL 28, 1987 75 CENTS12 words
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Article, Illustration165 1987-04-28 1 Exchange rates THE S$ closed higher at S$2.1165/75 (S$2.1230/50) against the US$ in the forex market yesterday. It fell to $3.5165/5203 ($3.4912/66) against US*: 137.95/138.05 yen, 1.7800/10 DM, US$1.6640/50 M$: S$0.8580/90 Overseas markets Monday HK Hang Seng Index 2636.47 (-71.14) Tokyo Nikkei Average *****.41 (-831.32) Sydney All-Ordinaries165 words
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Article, Illustration609 1987-04-28 1 NAJEEB JARHOM - By NAJEEB JARHOM TOP LOCAL stevedoring company Ng Teow Yhee Sons Pte Ltd (NTY) has prepared the groundwork for a listing on the second securities market, Sesdaq. Merchant banker Citicorp Investment Bank together with law firm Khattar Wong Partners are advising the family-owned609 words
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459 1987-04-28 1 ALVIN TAY - First client is Australian manufacturer By ALVIN TAY, Banking Correspondent ONE OF THE WORLD'S top three captive management companies, Alexander Insurance Managers Ltd (AIM), has set up an office here, a move which will boost Singapore's efforts to become an important centre for459 words
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162 1987-04-28 1 TAIWAN is to reduce import duties on some 100 consumer goods by up to 50 per cent in May amidst further efforts to open the domestic market to foreign products. A financial official said yesterday that most of the items being considered162 words
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145 1987-04-28 1 Agencies PRESIDENT Corazon Aquino said yesterday that trade and economic cooperation should be the primary concern during the meeting ot Asean leaders in Manila in December. She made the statement in a 30-minute meeting at the Presidential Palace in ManilaAgencies - 145 words
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Article99 1987-04-28 1 Reuter INDIA said yesterday that it had decided to review its nuclear policy, hitherto restricted to peaceful uses, because of what it called an "emerging nuclear threat" from Pakistan. Defence Minister K C Pant told Parliament: "The emerging nuclear threat to us from Pakistan is forcingReuter - 99 words
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Article, Illustration498 1987-04-28 1 LUCY NG - By LUCY NG FRANCIS SIAH, former managing director of plastic-maker Lamipak Industries, pleaded guilty yesterday to a charge of abetting in fraudulently obtaining credit from Bank of America. Three other similar charges involving other banks were taken into consideration. District Judge Zainol Abeedin498 words
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Article, Illustration314 1987-04-28 1 TRANS-ISLAND Bus Services Ltd (Tibs) made quite an exciting debut on Singapore's second securities market yesterday. The stock opened at around $2.20 and traded for a brief two minutes, dealers said, before a technical fault in the Sesdaq computer system halted trading314 words
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207 1987-04-28 1 Reuter THE US DOLLAR tumbled to a post-war low of 137.25 yen in Tokyo yesterday amidst widespread gloom over the US economy but, supported by persistent buying by the Bank of Japan, recovered by the day's end to 138.10Reuter - 207 words
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Page 1 Advertisements
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Advertisement104 1987-04-28 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM You'll love our one-forone-and-a-half-bottle promotion at Club 5, during Happy Hours, from spm Bpm, Mondays to Fridays!" Simply order a quart bottle (that's the normal sized bottles) and get a pint bottle absolutely free! Sit back, enjoy the smooth sounds of the Velvets and104 words
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Advertisement264 1987-04-28 1 SHARE INFORMATION MONEY t EXCHANGES COMMODITIES AIRCRAFT SCHEDULE OUR VIEW THE MARGIN of victory for Datuk Seri Dr Mahathir Mohamad and his supporters at the Umno elections might have been slender, but it represented a vote for continuity. If the elections showed up divisiveness in the party, they were also264 words
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Advertisement202 1987-04-28 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Full report, Pag* 13 Asian Stocks, Page 11 See Back Page NOW ITS NOT SO HARD AT THE TOP. In terms of heolthy seating, managers are often treated worse than their staff. The principles of good ergonomics are generally over-ruled in favour of more202 words
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HOME NEWS
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341 1987-04-28 2 LILIAN ANG - By LILIAN ANG CONTROL DATA CORPORATION (CDC) has shifted its Minneapolis office in charge of operations in the India-Asean region to Singapore. Mr Michael Eleftheriou, vice-president of CDC Indo-Asia Company, heads the new Singapore office. The company deals with computer systems, supercomputers, optical disks341 words
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179 1987-04-28 2 FROM April 1, the Economic Development Board (EDB) has been responsible for the collection, compilation and publication of all industrial surveys previously undertaken by the industrial statistics section of the Department of Statistics. The surveys include the Annual Census of Industrial Production,179 words
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Article310 1987-04-28 2 THE WALL STREET Journal has assured the Singapore government that the paper is not waging any campaign against the country. In a letter dated April 20 to Mr James Fu, the Prime Minister's press secretary, the editor of the Journal, Mr Robert Bartley, said: "We really do310 words
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252 1987-04-28 2 MORE should be spent to upgrade tertiary education if Singapore is to compete effectively with other Asian newly industrialising countries in the world market, according to authors of a new book on the Singapore economy. Launching the book The Singapore Economy Reconsidered last252 words
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298 1987-04-28 2 A BEST PRODUCT Award competition for local food manufacturers is on. To be eligible for the competition, which is being organisd by the Singapore Institute of Food Science and Technology (SIFST), the product must have export potential and social impact. Also,298 words
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Article, Illustration368 1987-04-28 2 A GRAND CEREMONY marked the opening of the 50th 7-Eleven store on the ground floor of Orchard Towers yesterday. The store was jointly opened by the deputy chairman of Jardine Matheson Co Ltd, Mr Rodney Michell, and the operations manager368 words
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192 1987-04-28 2 THE KAO CORPORATION of Japan is breaking into Singapore's disposable diaper market with the introduction of its scientifically developed "Merries" brand. The product has a "wonder gel" which is said to be a super absorbent polymer, a special substance that can absorb up192 words
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Article465 1987-04-28 3 ROSIE TAN - Reservation of title clause helpful in debt disputes By ROSIE TAN ONE OF THE BEST precautions a supplier of goods on credit can take is to insert a reservation of title clause into the contract of sale. By restricting the transfer of the title of465 words
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Article, Illustration316 1987-04-28 3 DANIEL CASEY has taken up the post of deputy managing director of Telerate for the Asian-Pacific region. Mr Casey will now be responsible for the company's business, marketing and operational management for the Asian-Pacific region. Mr Casey joined the company in January last year as product development316 words
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Article, Illustration222 1987-04-28 3 THE RIVERVIEW HOTEL completes the refurbishment of its set of old warehouses next month with the addition of a fast-food corner next to its Warehouse disco. At a cost of $600,000, one of the warehouses along the Singapore River is being converted into an222 words
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288 1987-04-28 3 A HIGH-LEVEL DELEGATION from the People's Insurance Company of China (PICC) is due in Singapore on Thursday for a week-long business visit. Led by the company's chairman and president, Mr Qin Daofu, the five-member team will meet senior executives of the Insurance288 words
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353 1987-04-28 3 BOEY KIT YIN - By BOEY KIT YIN LEADING WORLD COMPUTER services company Electronic Data Systems (EDS) Corp will send Singapore systems engineers to help set up an advanced computer centre in China. The local engineers, all computer science graduates, have been training at the353 words
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234 1987-04-28 3 GREAT EASTERN Life Assurance (GE Life) agents have bought portable Hewlett Packard (HP) computers in a move to provide faster and better services to their clients. With the portable computers, GE Life agents are able to work out their clients'234 words
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Page 2 Advertisements
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Advertisement327 1987-04-28 2 Features, Pag* I h I i A A A <-> 1 x:*: k I mm <m /FOfIWfFEO /UNE •LITO IjQAO EPSON LX-ODD tY^MI PRINTER NOW OL PROGRAM. THE REVOLUTIONARY NEW LX-800. Turn the computer market upside down and you won't find a more complete fprinter. Or a better deal. The327 words
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Page 3 Advertisements
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Advertisement277 1987-04-28 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hoursaday •A a K > Vs, 'C *a >- v***•r y V #tf T> r V I X .r- ->'• 1 V. TL 6f iWALK ALL OVER ME! There's nothing I like more than being trampled upon by hundreds of rough boys in277 words
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ASIA-PACIFIC
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Article, Illustration451 1987-04-28 4 MBT INDICATIONS are that Malaysia s economic growth rate for this year will exceed the one per cent forecast in the T987 Budget. Malaysian Finance Minister Oaim Zainuddin said on Sunday. Higher liquidity in the financial system, an influx of foreign investmentsMBT - 451 words
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Article300 1987-04-28 4 AP NORTH KOREA accused South Korea on Sunday of posing conditions for high-level talks on easing tensions that amount to "a refusal to have North-South dialogue." "It goes without saying that the South Korean rulers' stand on refusing dialogue is based on a scenario ofAP - 300 words
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Article96 1987-04-28 4 AFP NEW ZEALAND'S anti-nu-clear policy could jeopardise its future agricultural trade with Europe. British Foreign Secretary Sir Geoffrey Howe said in Wellington yesterday. Speaking in a radio interview shortly before meetings with Prime Minister Oavid Lange and other Cabinet ministers, Sir Geoffrey said trade andAFP - 96 words
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Article203 1987-04-28 4 AFP THERE COULD BE a new session of the Palestine National Councjl (Parliament in exile) within three months in Damascus to "reunify all PLO factions" and set the seal on a Syr-ia-PLO reconciliation, a Palestinian official said in Damascus on Sunday. He said theAFP - 203 words
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369 1987-04-28 4 AP FOREIGN REPORTS of a power struggle between "reformists" and "conservatives" within China s Communist Party are "illfounded". The Beijing Review said yesterday that any foreign analyst who saw Chinese politics in terms of the factionalism of capitalist political parties can only have aAP - 369 words
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156 1987-04-28 4 AP CHINESE goods exported through Hongkong in 1986 showed an increase of 49 per cent over the previous year, reaching HKSSI 6 bil- lion, the Xinhua News I Agency has said. China was again the main source of re-exports j throughAP - 156 words
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Article924 1987-04-28 4 ARRIVALS Operator Service Local From number time CAL CI341 0155 TPE FT FT75 0316 IAH/ORD/ANC/ NRT/MNL/TPE CAL CI333 0405 TPE S1A SQ491 0810 BWN MAS MM681 0820 KUL sv SV398 0835 JED/RUH AC AC858 0850 YYZ/LHR/BOM MAS MH811 0910 PEN MAS MH671 0920 KUL SIA SQ103 0950924 words
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Page 4 Advertisements
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Advertisement166 1987-04-28 4 TOP OF THE CLASS! Thai's Royal Executive Class has been voted the Best Business Class in the 1986 Airline of thenar Awards We admit we had gone to extraordinary lengths for the business traveller. Wider-than-normal seats and legroom. Exquisite linen, fine porcelain, silver cutlery and a choice of menus and166 words
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Advertisement109 1987-04-28 4 I i \fV I I I The business person's choice, every I I II \I I Iff II I Tuesday. Saturday and Sunday. I M w\ I w\ Leaving Changi Airport at 22.05 B i- V -/-L hours and arriving Heathrow at 06 45 hours the following mornmg Call your109 words
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REST OF THE WORLD
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Article, Illustration353 1987-04-28 5 AFP JACQUES DELORS, chairman of the European Community Commission, has appealed for new efforts to balance the EC's budget, which requires a record further US$5.5 billion to finance planned spending in 1987. Mr Delors, addressing foreign ministers of the EC's 12 mem-ber-states inAFP - 353 words
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461 1987-04-28 5 Reuter EVERY YEAR, more people suffer from famine, vast areas of forests and fertile land are destroyed, the ozone layer gets thinner, the gap between rich and poor widens and more money is spent on arms, according to a report published onReuter - 461 words
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501 1987-04-28 5 Reuter BRAZILIAN Finance Minister Dilson Funaro. the main architect of the country's economic policy, has offered his resignation to President Jose Sarney. There had been speculation for months that Mr Funaro would quit because of the failure late last year of his "CruzadoReuter - 501 words
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384 1987-04-28 5 AFP FRANCE and Britain share similar views on the question of nuclear disarmament in Europe. French Prime Minister Jacques Chirac said on Sunday after a three-hour meeting with his British counterpart Margaret Thatcher at Chequers, her official country residence. Mr ChiracAFP - 384 words
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247 1987-04-28 5 AFP FRANCE'S gross domestic product grew by 1.9 per cent in volume in 1986, an improvement over the 1.4 per cent growth recorded the previous year, according to the national statistics institute, INSEE. INSEE's provisional figures explained the renewed growth byAFP - 247 words
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Page 5 Advertisements
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Advertisement128 1987-04-28 5 Vctf; 5# r* f ,;> r v'.. v > r> 4mh&£ '•'J-'-^ i ■■MM The Shangri-La Beijing is fully open. >Va. -Vv*fH 4 > 5-t- I i'' Vt;/4; "+T W :Mr- v WJWEfo And our red carpet awaits you for just US$9O a night. Now that the Shangri-La Beijing is128 words
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Page 5 Miscellaneous
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Miscellaneous36 1987-04-28 5 HELP ME. OUT HERB' I WANT TO KNOW WHAT YOUR PARENTS H/NB TAUGHT YOU AND WHAT 7H6YHAVBN7! TALK TD THt DOCTOR, KJPS! BY GARRY TRUDEAU n i M m I A IS k? 'J li*fc H36 words
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MONEY AND EXCHANGES
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Article910 1987-04-28 6 SINGAPORE: The US dollar closed weaker against major currencies yesterday, but recovered from the day's lows on some short covering in active, nervous trading Its bearish sentiment was due to trade tension between the US and Japan and continued weak US economic growth. Reported intervention by the Bank910 words
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Article221 1987-04-28 6 Interbank rates at 3pm yesterday: Currencies Nominal rale* Smithsonian Bid Otler croaa partly change Local dollars to one unit of foreign currency: US dollar 2.1165 2.1175 2.8196 -24.94 Sterling pound 3.5165 3.5203 7.3469 -52.14 Australian dollar 1.5058 1.5087 3.4286 56.08 NZ dollar 1.2381 1.2408 3.4286 -63.89 Canadian dollar221 words
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Article117 1987-04-28 6 THE OVERNIGHT rate on the Singapore interbank market closed unchanged at 3 per cent yesterday. The one-month rate gained !4 point. Two month gained and three month Va point. S$ Interbank rates at 7pm yesterday: OMf Bid OwniflW 3 2 3/4 t -month 3 3/4 3 5/8 2-monrt*117 words
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Article340 1987-04-28 6 Asian market ASIAN DOLLAR deposit rates closed steady at firmer opening levels in quiet afternoon trading yesterday Activity slowed down in the afternoon due to lack of interest. Most operators were cautious about the response to the US Treasury quarterly refunding in May. They were also cpncerned that a continued340 words
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Article563 1987-04-28 6 JUNE Eurodollar gapped sharply lower at 92.52 during Simex's opening yesterday and continued to drift off to 92.48 as the dollar tumbled to a record low of 137.25 yen in nervous trading. Prices, however, reversed direction on short covering on a steadier dollar and touched the intraday resistance at563 words
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Article, Illustration195 1987-04-28 6 Indicates the average of the prime lending rates of 12 major banks in S'pore Interbank market rates (offer/bid) on April 27 us$ DM SWFC Y«n 7 dor* 6 11/16 —9/16 10 3/16 1/16 3 IS/16 13/16 9 1/3— 1/4 4 1/2 3/i 1 m*> 6 7/i J/4195 words
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Page 6 Advertisements
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Advertisement248 1987-04-28 6 <*s ft# u ii m v; mjn f f 11! illiipS li i: iliuHm!hm* 5 M liW l! i !i! {f *I* *-1 ■I usi i !ii:u I il SUH nit; m; nil' M| i w mm tut n\\\ ts 151»11; f} t nr» II!!! H I uiihi li !if!248 words
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WORLD BACKGROUND
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Article, Illustration815 1987-04-28 7 NYT APPREHENSIONS are growing among somfe residents of Hongkong that China and Britain together are choking off the prospects for a democratic future for the capitalist enclave. To those who are calling for a democratic political system in Hongkong, recent events suggestNYT - 815 words
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1006 1987-04-28 7 Region apprehensive of increased Soviet presence AP SOME ASIAN NATIONS fear they may become a superpower bargaining chip this week in arms talks that could result in the dismantling of Soviet SS-20 warheads in Europe while 100 remain in Asia.AP - 1,006 words
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360 1987-04-28 7 Reuter NUCLEAR WEAPONS should be eliminated from Asia if the US and the Soviet Union agree to remove intermediate range missiles from Europe, former US president Richard Nixon said in an interview. Mr Nixon told Time magazine that Soviet leader Mikhail Gorbachev proposedReuter - 360 words
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Article298 1987-04-28 7 FLORA LEWIS - By FLORA LEWIS NYT THERE IS a new buzz of talk about European consolidation of all kinds economic, monetary, social, military. It sounds as if a vital new momentum is building up. the kind of determined surge that led to the common market 30 yearsNYT - 298 words
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Page 7 Advertisements
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Advertisement45 1987-04-28 7 THE TALK OF THE BUSINESS DISTRICT TOMORROW IS ON TONIGHT. %M I a Michael Porter, professor at Harvard Business School, discusses "Being Competitive" on THE BUSINESS OF EXCELLENCE B.oopm. Channel 12 Brought to your screen by CmCORPOCfTIBAN< in Singapore MAKING EXCELLENCE OUR BUSINESS SINCE 190245 words
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Advertisement90 1987-04-28 7 1 THE CRICKETER SPORTING SPECIAL The Cricketer English Pub is now offering a sporting luncheon special of whole Roasted Sirloin of Beef on the Wagon, with Salad, Country Bread, Cheese Board, and Fresh Fruits for $14+ 12 noon to 2 pm, MontoSat. The Cricketer also features Draft Beer, Hot Roast90 words
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FEATURES
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Article587 1987-04-28 8 IT WAS A FIGHT full of adjectives unprecedented, ferocious, fractious and when victory came, it was a close one. Last week, Datuk Seri Dr Mahathir Mohamad managed to retain the presidency of the United Malays National Organisation, and with it the premiership of Malaysia, at the party's587 words
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Article, Illustration782 1987-04-28 8 ZHOU MEI - The Singapore Economy Reconsidered is a book which seeks to bring fresh insights and perspectives into the problems facing the Singapore economy. The authors' objective is a re-examination of the issues and while not all the questions they raised are i provided with782 words
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711 1987-04-28 8 Bernama ES FUELLED BY strong commodity prices, rural-urban migration and the rising purchasing power of an expanding middle-class, Malaysia's retail industry experienced phenomenal growth in the seventies. However, the economic slowdown in the eighties has drastically reduced the purchasing powerBernama ES - 711 words
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Page 8 Advertisements
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Advertisement250 1987-04-28 8 p JL. am JL amper yourself on a superb value-packed mini summer vacation from June Ist to September 15th. Because that's when Mandarin Oriental Hotels are offering ten great ways to discover the legend in some of the world s most exciting gateway cities. Each summer break includes a fresh250 words
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Advertisement0 1987-04-28 8 \>&;"_<|{(;<"~!\\'[*]^|%;;''/=>0 words
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Page 8 Miscellaneous
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Miscellaneous689 1987-04-28 8 CRYPTIC PUZZLE ACROSS 3 Cast down at a single attempt (5) 8 Like a monarch with a registered name (5) 10 Are such lines for getting into contact? (5) 11 Aircraft service (3) 12 Figure to eat a bar for strength (5) 13 Foxy youngster? (4-3) 15 Matches that may689 words
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SPORTS
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464 1987-04-28 9 AP JAY HAAS ran in a 60-foot birdie putt to force a play-off, then sank a two-foot par putt on the first playoff hole to deny Buddy Gardr.er his first PGA tour victory in the US$6OO,OOO Houston Open onAP - 464 words
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356 1987-04-28 9 UPI BRITAIN'S lan Woosnam compiled a final round of 66 to capture the U5542,000 first prize in the U*****,000 Madrid Open golf tournament on the Puerta de Hierro course last Sunday. Woosnam, who started the day four shots ahead of Spain's Severiano Ballesteros and fiveUPI - 356 words
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526 1987-04-28 9 Reuter ENGLISH SOCCER'S progress towards a reorganised and streamlined league will be marked by end-of-season playoffs which could leave Birmingham, England's second city, without a first division club for the first time. Aston Villa, winner of the European Champions' Cup in 1982, currently languishesReuter - 526 words
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173 1987-04-28 9 AP WITH leading contenders Temperate Sil and Talinum out of the Kentucky Derby, trainer Leroy Jolley feels Saturday's race is a wideopen affair. "I don't think it's been this wide open since Genuine Risk's year," Jolley said last Sunday, referring to 1980AP - 173 words
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Article, Illustration527 1987-04-28 9 WALTON MORAIS - By WALTON MORAIS WHEN THEY came down to the wire, it was a question of who wanted it more And although Emiko Okagawa didn't exactly go out and grab it. Sara Gomer s attempt was even more tentative. That about sums up Okagawa's527 words
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Article54 1987-04-28 9 3.00 pm Centre Court: Annabel Croft v Pascale Paradis Sharon Walsh-Pete v Michelle Jaggard Court Two: Helena Dahlstrom v Cheryl Jones Claudia Porwilc v Laura Golarsa Court Three: Julie Richardson v Susanna Anggarkusuma Cammy MacGregor v Lea Antonoplis 7.30 pm Centre Court: Anne Minter v Lj Xinyi Etsuko54 words
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Article88 1987-04-28 9 Final qualifying round: S Anggarkusuma bt S Wasserman 6-3, 7-6 I Antonoplis bt B Reinstadler 6-4, 6-4 C Jones bt C Bakkum 6-2, 0-6, 6-3 H Dahlstrom bt M Yamoda 6-2, 6-1 Main draw first round: C Nozzoli bt E Derly 6-4, 6-2 K Okamoto bt H ludloff88 words
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Page 9 Advertisements
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Advertisement193 1987-04-28 9 V cmsbeifcf beet Probably the best beer in the work! MIZUNO. THE WORLD'S BIGGEST SELLING Gt GOLF CLUBS. Astron clubs are made to suit many f levels of golfers, especially those in the mid to high handicap range. The clubs are weighted progressively rS from the toe in the long193 words
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Page 9 Miscellaneous
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Miscellaneous1140 1987-04-28 9 m (Mo mm TUESDAY PREMIERE In Love With An Older Woman 10.30pm, Channel 5 John Ritter (right) plays a single young lawyer who is attracted to a 43-year-old divorced colleague with a grown daughter. He is looking for a serious relationship and she is enjoying the independent life of a1,140 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration996 1987-04-28 10 Witness could provide important corroboration of evidence NYT THE US GOVERNMENT has advanced its investigation of Drexel Burnham Lambert Inc by gaining the cooperation of an important official at the Wall Street firm in return for immunity from prosecution, according toNYT - 996 words
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562 1987-04-28 10 NYT BY OUTBIDDING a Canadian rival at a time when government attitudes toward foreign investment are relatively benign, the Amoco Corp appears likely to succeed in its offer to buy Dome Petroleum Ltd. The Amoco offer of Css.l billion (US$3.BNYT - 562 words
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Page 10 Advertisements
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Advertisement118 1987-04-28 10 .4 4 ir 5 tf% The Szechuan Experience with the Meisan Difference Sawmr the finest Szechuan cuisine; aromatic, spicy ginirmet creations in an excitfhu blend of flavours. And discover the exquisite art of true enjtiyment. MoSAN At the Meisan SZECHUAN bestauhant Royal Singapore 25 Scorts Road, Singapore 0922. For reservation,118 words
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Advertisement117 1987-04-28 10 It's the NEU FACES... Fresh from their European tour. The NEU FACES Veteran and versatile musicians Rock n' Roll, Top 40, New Wave excellently performed for grand entertainment Nightly except Sundays At the Alcove Lounge where the beer is cheapest among hotel lounges cove 9 m m i «i «C!S117 words
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Advertisement99 1987-04-28 10 ALL YOU WANT J" t f 3 <3 per person L> ii Lunch 12 m iliir* t i nl FNe^(^llc#uixsjcte(' 181, Kitchener Road, Singapore 0820. Tel: *****22 i m SUPER-VALUE SEMINAR PACKAGE For Ss2o nett per person per day, all these complimentaries: 4 Seminar Rooms, beautifully arranged per your instructions99 words
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Advertisement76 1987-04-28 10 OT SHOKADO immsm 12 different sets of Japanese lunettes priced from $10+ +to $20++ per set Lunch: 12 Noon 2.30 pm Dinner: 6.30 pm -10.30 pm SfIFURAMA SINGAPORE HOTEL 10 Eu Tong sen Street Singapore 0105. Tel: 533 3888 5 1 For the eorV birds. Vanda Bar starts pcxiringat 10am76 words
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Advertisement171 1987-04-28 10 I ft s I t a x Melody Band from on weekends of similar drinks 270 Orchard Road. Singapor? I «2< Tel: 732 1111. f —l-?OViTI f Managed by Prince Hotels Japan Continuing the X Prince Hotels tradition of friendly service I ®PR/Ntl HOTEL (J A cosy corner, good food171 words
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ASIAN STOCKS
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Article492 1987-04-28 11 HONGKONG: Share prices closed sharply lower yesterday as concerns over a weak US dollar triggered selling by institutions and small investors, brokers said. The Hang Seng Index fell 71.14 points to 2,636.47 and the broaderbased Hongkong Index lost 46.17 to 1,696.50. Yesterday's setback was the biggest single-day loss for492 words
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Article311 1987-04-28 11 APR 27 NT +1• Kolin 34 00 16 Kuochan Dev 39 00 +1.7 Lee Chang Yuen All Sincere Indus 4 51 -0 02 Chem Indus 43 30 2 2 Asia Cement 48 00 3 8 Lien Hwa Indus 28 60 12 Cattiay Cons 57 50 -2 5 Nan Ya311 words
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Article472 1987-04-28 11 TOKYO: Share prices yesterday fell by their biggest single-day de- cline in active trading on selling prompted by the dollar's fall against the yen and the approach of local holidays this week and next, brokers said. The Nikkei Average fell a record 831.32 points to close at 23,072.41. The472 words
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Article93 1987-04-28 11 APR 27 PESOS Marsteel Oriental B 0 029 -0 001 Phil Overseas 0 0650 unch Acoie Mining Anglo Phil Philex B 053 002 Apex Mining B 0 0725 0 0025 Picop B Atlas Con B 28 6 PLOT 412 50 15 Baguio Gold San Miguel B 140 unch Basic93 words
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Article493 1987-04-28 11 SYDNEY: Australian share markets closed at record levels yesterday as strong support for gold stocks and leading miners pushed the market up. brokers said. They said continued nervous- ness surrounding the US dollar had inspired bullish sentiment for gold prices. At the close, the Macquarie Bank reported a gold493 words
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Article132 1987-04-28 11 APR 27 WOM Kai 1262 -46 Cheil Sugar 3160 1-60 Kangwon Ind Kia Motor ***** 1585 -400 -45 Daelim ind ***** -230 Kolon Ind 3750 -50 Daewoo Corp 997 •19 Korea Long Term 2130 -80 Daewoo Heavy 1260 -30 Lucky Ltd 1327 -28 Daishin Securities 3770 -80 Oriental Brewery132 words
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Article171 1987-04-28 11 Reuter BANGKOK: The Stock Exchange of Thailand Index was up 1.51 to 248.30 on a turnover of 615,741 shares valued at 143.6 million baht. APR 27 BAHT Post Publishing 190 unch Saha Union 210 unch Ao Kham Thai Siam Cement 991 unch Ayudhya Investment 296 unch S<am City BangkokReuter - 171 words
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Article70 1987-04-28 11 Reuter THE STATE BANK OF INDIA will help relatively inexperienced and small local entrepreneurs to issue new equity shares worth 10 million rupees this year, chairman D N Ghosh said in Madras last Friday. Merchant bankers said the move would boost investment in the share marketReuter - 70 words
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363 1987-04-28 11 Reuter HONDA MOTOR CO, in what could become a major reversal for a Japanese car maker, is studying the possibility of exporting cars built at its US factory to Japan, according to a company source. The source, who spoke on condition of anonymity,Reuter - 363 words
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Article308 1987-04-28 11 Reuter CSR LTD plans to offer As 3 50 a share cum bonus for all the issued capital of building products group Monier Ltd. The offer values Monier's current issued capital of 156.28 million shares at A 5547 million and compares with the latest shareReuter - 308 words
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Page 11 Advertisements
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Advertisement629 1987-04-28 11 T L Prime US Rib of Beef, as good as ever, at only $19.50. Due to overwhelming response, we are extending our dinner offer of prime US Rib of Beef at $19.50 until April 30th. Carved at your table side, with braised onions, baked Idaho potatoes and a green salad,629 words
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Advertisement232 1987-04-28 11 Iwe/fth of Never Diseo Lounge CATCH THE RHYTHM AND MOO]) OF Enjoy a musical extravaganza of the 40 s, 50 s, 60 s and 70's. And your favourite drinks at u rfm bar prices. C y No cover charge. Happv Hours: spm lo Bpm. lizelfth of Sever 1 Claymore Drue,232 words
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COMMODITIES
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498 1987-04-28 12 Reuter THE GULF STATE of Qatar is about to sign a contract to exploit the world's largest gas reserves and secure its prosperity before oil revenues dry up. Oil industry sources in the capital Doha say Qatar is on the vergeReuter - 498 words
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Article277 1987-04-28 12 Crude palm oil futures closed slightly easier on the KLCE in moderate trading yesterday. Spot month May fell Ms 3 to M 5732 per tonne while June eased Mss to M 5723 and July lost Ms 6 to Ms72o. Turnover rose marginally to 186 lots. Crude palm oil277 words
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Article245 1987-04-28 12 Chinese Produce Exchange noon doting prlcos on April 27 (SS/100 kg) Coconut oil Bulk FOB 88.00 Oid drum FOB 98.00 Now drum FOB 102.00 Copra Mixod (loo*e) 50 Pepper mttf* Morrfok whh» FOB NLW 1180.00 Sarawak whit* FOB faq NLW 1165.00 Sarawak tpodal black FOB NLW 935.00 Sarawak245 words
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Article91 1987-04-28 12 A SUPPLY squeeze pushed naphtha and fuel oil prices to new highs in the East Asian petroleum spot market. Naphtha closed at its highest level for 15 months leading some traders to talk of profit-taking. Crude (FOB origin) USS/borr*l Change DuboJ (June) Wen Texas 16 90 -0.0791 words
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Article138 1987-04-28 12 THE PRICE of tin on tha Kuala Lumpur fin marfcat aaaad fhra canta from laaf Friday to doaa at MSI6.S2 par kilo yaalarday, mainly bacauaa of an Initial high rJU rln n OfTwf I rVy, A waakar doaa on tha Europaan apot tin mart at la at waafc138 words
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Article180 1987-04-28 12 SINGAPORE The market closed higher yesterday with May 1 RSS buyers quoted at 207.50 cents/Kilo, up 2.50 cents from last Friday's close. Trading on the TSR-20 market was thin. TSR-20 May and June closed at 168.50 cents/kilo, both up two cents. MALAYSIA The market closed slightly higher at 233.00180 words
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Article283 1987-04-28 12 RAS prices in S c*ntm/kg, FOB In t>al« NOON CLOSE Buy*rs SeHen 8uy*rt S*N*rs Int 1 RSS Prompt 210.50 211.50N 209.00 210.00N bit 1 RSS May 87 209.50 210.50 207.50 ***** bit 1 RSS iun 204.00 204.50 202.00 203.00 bit 2 RSS OP 192.00 194.00N ***** 192.50N283 words
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Article328 1987-04-28 12 HONGKONG: Gold closed firmer yesterday because of continued declines in the US currency and despite selling by Chinese interests, with trading generally thin. Bullion ended at U*****.50/U*****.25 an ounce against an initial U*****.50/U*****.50. This compared with the close here last Saturday of U*****.75/U*****.75 and Friday's New York final328 words
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Article83 1987-04-28 12 (cams/kg, 1 -tor poU«n) MAY 87 JUNE 87 (currant month) (forward month) NOON NOON RAS h/r*n r-M lwy«n ;,n«n SS* 30 178-00 180.00N 178.00 180.00N SS* 50 177.00 178. DON 177.00 178.00N MRELB twyan S«U*rt Ivyari C-B Jfnin SMI CV 343.50 244-SON 24X50 345JON SM# L 341.5083 words
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Page 12 Advertisements
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Advertisement182 1987-04-28 12 £HgSfl Ill® V i I «I| Js; V*" > r v; v >>• > fWm m- w £8'« *<■».■; < fc; iH i. mm tae < 191 2K -v *S«* ?rSJ Ws#'4 Cf.; a. > W$ v-. .i > ~4? M ~Y. ->~c r ■•••> m Vv JTyijSm £**fc iiT182 words
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Advertisement350 1987-04-28 12 NOTICES LOST SHARE CERTIFICATES The following share certificates have been reported lost destroyed or mislaid RALEIGH BERHAD f ■ajjl m all m (at Hi |i n mi aharaa v#ruT>CeXoS rlO in ui# rwlTif OT PK> OT tnarfv C *****/9 Chong Kwek Kien 2,000 C ***** -do- 500 LANDMARKS HOLDINGS BERHAD350 words
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Advertisement298 1987-04-28 12 IN THE MATTER OF THE COMPANIES ACT, CAP. 185 AND IN THE MATTER OF NITELE (SINGAPORE) PTE. LTD. (In Member*' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185 that the FINAL GENERAL MEETING of the Members of the abovenamed Company298 words
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Advertisement237 1987-04-28 12 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 185 TRANS-PACIFIC MARKETING* TECHNICAL CONSULTANTS PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 24 Raffles Place. #23-01 Clifford Centre, Singapore 0104, on 25 Apr 1987 the following special resolution was duly passed: "That237 words
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SHARE INFORMATION
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Article, Illustration4368 1987-04-28 13 SHARE PRICES on the Singapore stockmarket moved in an erratic manner yesterday as profit-taking alternated with bargain-hunting At the close, the Straits Times Industrial Index, a near six point winner at midday, ended 2.61 points higher at 1,140 37 The BT Composite Index rose4,368 words
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Article254 1987-04-28 13 SINGAPORE Rises Indices April 24 April 27 0 Karomot Kortonam M»io S 1 A C*r«bot 501 S*> Miio kid Inchcop* M U Mfg 50« Pmgi Mjio GvnHngt 650 50 750 30 1240 +20 595 20 330 16 386 +14 142 +14 7254 +12* 705 +10 IT Compouta254 words
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Article4216 1987-04-28 13 SECTION ONE INDUSTRIAL ft COMMERCIAL Acino (1 58 B 160 SI (3) 161 (3) 160 IS 159 (2) 161 181 160 Alcorn 10 68 B 070 SI 151 067 151 068 151 069 (7) 068 Amoi Steel 50« 12 33 B 234 SI (16) 23«4,216 words
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Article120 1987-04-28 13 HONGKONG Hongkong Index Monday 1696 50 Friday 1742 67 Wee* ogo Closed Hang Seng Index Monday 2636 47 fridoy 2707 61 Week ogo Closed All Industrials Monday ***** Friday ***** Week ogo Closed NEW YORK Dow Jones Friday 2235 37 Thursday 2280 97 Week ago Closed TOKYO Nikkei120 words
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Page 13 Advertisements
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Advertisement10 1987-04-28 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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Article, Illustration1217 1987-04-28 14 Move to make practice a criminal offence FT RAY ASTIN, Hongkong's Commissioner for Securities, has stirred a hornet's nest this month by calling for insider trading on the territory's stock market to be made a criminal offence. Controversy has erupted in part becauseFT - 1,217 words
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491 1987-04-28 14 THE KUALA LUMPUR stock market reacted favourably to the outcome of the Umno elections. Share prices soared yesterday for the sixth consecutive trading day. Buyers flooded the trading floor following the victory of Prime Minister Datuk Seri Or Mahathir Mohamad and491 words
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Article3028 1987-04-28 14 BID 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 Aono (1808) AJnomoto *****1 xd Aiex Hldg —I Alcorn3,028 words
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Article244 1987-04-28 14 Managers' prices MARA-Bumiputra for April 28 First B'putra 646 651 S#COn<3 6 putro 558 563 Singapore Unit Trust Third B'putra 454 459 o o o o o i»iH ijiiii h- b- l/% i/% i/t 1 16 099 047 079 086 056 Fourth B'putra fifth B'putra SiKth B'putra Sav«nth244 words
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Article, Illustration458 1987-04-28 15 urn mm... By HOCK LOCK SIEW IN AN INDUSTRY characterised by mediocre standards of disclosure, Straits Steamship stands head and shoulders above other listed companies which have released their annual reports for 1986. Steamers has a habit of trying a bit harder to produce qualityBy HOCK LOCK SIEW - 458 words
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148 1987-04-28 15 Division Sales Pre -tax Attributable Number (S'000) profit/(loss) profit/(loss) of employees ($'000) ($'000) 1986 1985 1986 1985 1986 1985 1986 1985 Property 32,548 37,569 14,001 18,344 6,044 6,722 108 108 Shipping 79,596 88,517 5.170 278 4,420 (3,083) 396 586 Energy services 38,908 44,763 (132)148 words
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Article254 1987-04-28 15 MALAYSIA'S national shipping line, Malaysian International Shipping Corporation (MISC), will have a fleet of nine vessels specially for the carriage of the growing palm oil exports by 1990. Chairman Raja Tan Sri Muhammad Alias, speaking after the company's annual general meeting in Kuala Lumpur254 words
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Article, Illustration645 1987-04-28 15 NAJEEB JARHOM - Company cautiously optimistic about this year's prospects By NAJEEB JARHOM DIVERSIFIED Singapore-based trading group Inchcape Bhd has staged a convincing turnaround with its latest year-end results showing consolidated attributable profits of about $27.74 million compared with record taxable losses of about645 words
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LATEST
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Article60 1987-04-28 15 Group profit after tax and minorities of M$1.84 million (MJ6.37 million) on turnover of MS14.14 million (MS22.96 million) for the year ended Dec 31, 1986. Earnings per share came to 6.31 cents (21.84 cents). A final dividend of 5 per cent less tax will be60 words
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Article58 1987-04-28 15 Pre-tax loss of M$485,00 for calendar 1986 against M$1.5S million loss for the 19 months to Dec 31, 1985. It said the share of losses of associated companies and from extraordinary items, amounting to M$938.000 and M$61,000, brought its loss attributable to shareholders to M$1.0858 words
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Article, Illustration345 1987-04-28 15 MALAYAN BANKING Bhd is keen on full ownership of a stockbroking unit should it decide to buy into an existing firm. Chairman Tan Sri Hashim bin Aman said: "I don't345 words
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Article108 1987-04-28 15 MISS HENG LEE CHENG has been appointed company secretary of Singapore Land Ltd and its subsidiaries. THE CPF BOARD announced that Singapore Land's 6 per cent convertible unsecured loan stocK 1987/99 (CULS) arising from its rights issue of $1 nominal amount of CULS at par for every ordinary108 words
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Article175 1987-04-28 15 Bernama ES MALAYSIA British Assurance Bhd (MBA) has reported a slight increase in group pre-tax profit to M 55.57 million for the year to Jan 31, 1987, from M 55.21 million in the previous year. At the company level, pre-tax profits increased to M 55.49Bernama ES - 175 words
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Article399 1987-04-28 15 LAST FULL YEAR Company Period Date Year Net EPS Groa Net announced •nding (cents) dtv profit last year ($•000) Fed Cables Interim Jun 87 6.1751 (il S J Amal Interim Dec 19 Mar 86 7.3 527 Malayawata Interim Dec II Mor 87 X.4931 M Glass Interim Mar 7399 words
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Page 14 Advertisements
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Advertisement71 1987-04-28 14 All this Loan Stock having been sold, this announcement appears as a matter of record only. SINGAPORE LAND LIMITED (Incorporated in Singapore) RIGHTS ISSUE OF $92,232,440 6% CONVERTIBLE UNSECURED LOAN STOCK 1987/1999 MANAGER AND UNDERWRITER KM SAMUEL MONTAGU CO. LIMITED The following also participated in the subundenvriting Green well Montagu71 words
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Advertisement118 1987-04-28 14 One wad that means a great deal in anyone's language: Hertz. Travelling overseas? Then book your Hertz car before you go, to get our special Affordable rate. It's so low, that in many cases it's not even available to the people who live there. Yet, you'll still enjoy the service,118 words
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Page 15 Advertisements
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Advertisement148 1987-04-28 15 We've got the name for car rental in Britain a I -WOODS from: £63 per wk CAR RENTAL Unlimited mileage inclusive VAT Over 20 year's experience Fleet size 1,000 vehicles, all less than one-year old Best service at competitive prices Also available self-drive holidays (car hotels) in UK. ANGLO FRENCH148 words
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Advertisement268 1987-04-28 15 CREDIT PLUS A new revolving line of credit. PLUS r SAOO SINGAPORE finance LlMHErx*#^ m M .a ®> Kk 4S i > 4 Just what you'd expect from Singapore's leading finance group. What to Credit Plug? With just one application you have a revolving line of credit available for use268 words
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457 1987-04-28 16 TONG SUIT CHEE - By TONG SUIT CHEE CONSERVATIONISTS have organised themselves into a society which they hope will contribute towards a better awareness and understanding of Singapore's heritage. At the inaugural meeting last Saturday, architect William Lim, chairman of the 10-member committee, said: "We need to consciously457 words
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Article155 1987-04-28 16 Reuter SRI LANKA's tourist board said yesterday that it was investigating telephone calls to several foreign tourists asking them to leave the country following last week's car bomb blast in the capital. "The tourists are very angry and hurt over these mysterious calls," said TouristReuter - 155 words
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Article, Illustration589 1987-04-28 16 Opponents in Cabinet silent over their next move Bernama THE BUSINESS COMMUNITY in Kuala Lumpur has welcomed Oatuk Seri Or Mahathir Mohamad's re-election as president of the United Malays National Organisation at the party's general assembly last week. Malay Chamber of Commerce and Industry secretary-generalBernama - 589 words
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343 1987-04-28 16 AP, Reuter JAPANESE PRIME MINISTER Yasuhiro Nakasone said yesterday that he hoped his Washington visit this week would defuse "severe" US public opinion towards Japan and curb growing protectionist sentiment in Congress. He leaves tomorrow for his sixth visit to the US.AP,; Reuter - 343 words
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Article86 1987-04-28 16 Reuter COMEX SILVER FUTURES yesterday soared by the newly expanded limit of 75.0 cents and the free fluctuating spot price surged through US$ll.OO for the first since late 1983 on general buying against a sinking dollar. In opening trades, spot silver had a huge gain of US$4.lO toReuter - 86 words
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188 1987-04-28 16 UPI CHINA is planning to revive Cultural Revolution-style regulations requiring students to work in factories and on farms, the official China Daily newspaper said yesterday. The new rules follow student demonstrations for freedom and democracy which swept 20 ChineseUPI - 188 words
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Article72 1987-04-28 16 AP THE WALL STREET stock market sold off sharply yesterday morning amid mounting concern over weakness in the dollar and rising interest rates. The Dow Jones Average of 30 industrials tumbled 32.24 points to 2,203.13 in the first hour of trading. Losers outnumbered gainers by more thanAP - 72 words
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LATE FILE
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Article33 1987-04-28 16 THAI Foreign Minister Siddhi Savetsila arrived in Singapore yesterday for talks on Indochina with his Singapore and Indonesian counterparts before his visit to the Soviet Union next month.33 words
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Article56 1987-04-28 16 Reuter INDONESIA'S military strength is not a threat to Australia and could act as a buffer to the spread of communism, Australian ambassador Bill Morrison was reported to have said yesterday. Australia would continue to provide assistance to the Indonesian armed forces, Mr Morrison said inReuter - 56 words
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37 1987-04-28 16 Reuter ABOUT 20 Members of Parliament criticised the Taiwanese government yesterday for holding too much foreign exchange reserves in US dollars and asked the Cabinet to diversify into other major currencies. ReuterReuter - 37 words
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Article31 1987-04-28 16 Reuter MUSLIM guerillas have threatened to ask Middle East countries to impose an oil embargo on the Philippines unless the government meets their demands for autonomy. ReuterReuter - 31 words
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Article46 1987-04-28 16 Bernama MALAYSIAN Deputy Prime Minister Ghafar Baba yesterday said in a speech in Kuala Lumpur that it was imperative for businesses to embrace new technologies as a critical component of their strategic plans as dramatic technological changes would continue to occur.Bernama - 46 words
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39 1987-04-28 16 Reuter WEST GERMANY'S current account and trade surpluses should narrow sharply in 1987 but they will take a long time to get back to normal levels, the Bundesbank said in its 1986 yearly report.Reuter - 39 words
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Page 16 Advertisements
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Advertisement143 1987-04-28 16 Leader, Page 8 Growth likely to exceed one per cent forecast, Page 4 +T,Y- RESTAURANT >jS\* <■§& v %vfi< <* 4 Tm/ >< y,v > 3£* 111 <i>. "4i 4t% i; j* vfct Id v :f v>; m X fc 1 v. f »ti 'M' «-i»i m *4 4> mk143 words
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Advertisement17 1987-04-28 16 Beijing R«vl«w d*nl*« reports of struggle, Pag* 4 Tha gold raport was not available at praaa tima.17 words
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Page 16 Miscellaneous
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Miscellaneous52 1987-04-28 16 UlMii&i Outlook: Showers in aaa In tha lata n» R sport for 24 hours prior to 7.30pm on April 27 at tha airport Maximum tomparatura 30.5 Aaaodatod humidity 71 Minimum tomparatura 25.2 Aaaodatod humidity M Hours of sunshlna 3.00 Rainfall In milllmatras nil Rainfall thia month 71.4 Rainy days thia52 words
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SHIPPING TIMES
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491 1987-04-28 17 LINDA CHEE - By LINDA CHEE ONE MORE shipping line has jumped on the bandwagon to cash in on the business from the Straits ports to Australia. Forestry products specialist Gearbulk is putting its first vessel in early May for a monthly container/breakbulk loading from Singapore491 words
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264 1987-04-28 17 Reuter SOUTH KOREAN prosecutors yesterday formally charged the chief executive of Pan Ocean Shipping Company, the country's largest shipping concern, in connection with alleged financial irregularities. A statement from the prosecutors' office said charges of capital flight, violation ofReuter - 264 words
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PORTSIDES
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Article135 1987-04-28 17 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan Conference will raise the currency adjustment factor on shipments from Hongkong to India and Pakistan to 45 per cent from 43 per cent, effective May 1. It added a similar adjustment will be applied to those shipments from Hongkong to Mid East Gulf portsReuter - 135 words
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Article51 1987-04-28 17 Reuter CHINA OCEAN Shipping Co and International Shipping Co of Czechoslovakia have signed an agreement to set up a joint shipping company. The New China News Agency said the new firm is expected to serve the increasing trade between the two countries but gave no details.Reuter - 51 words
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Article188 1987-04-28 17 Reuter TURKEY is monitoring reports that a Soviet research vessel is looking for oil with Greek permission in disputed Aegean waters. Greek government spokesman Yannis Roubatis confirmed that the vessel Rift was conducting seismic survey work with Greek permission in the Aegean, Turkey's semi-offi-cial Anatolian agencyReuter - 188 words
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Article, Illustration965 1987-04-28 18 Fairplay NO DOUBT many people remember the old-fashioned Chadburn and Data-logger bridge recorders that used to click and whirr in a dusty corner of the wheelhouse, recording telegraph orders in purple ink on rolls of paper, which would then be stored in aFairplay - 965 words
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Article1245 1987-04-28 18 DRY CARGO charter rates held steady in all principal sectors of the london shipping freights market on Friday, with support coming from further activity in the grain-voyage and timecharter sectors Period engagements remained attractive to certain operators. Yamashita-Shinnihon, for instance, booked the 64.600-dwt Hellespont Monarch at U556.500 per1,245 words
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93 1987-04-28 18 AP AN IRANIAN helicopter gunship attacked an empty Liberian tanker on Saturday near the Strait of Hormuz, and the crew claimed an appeal to US Navy warships for help went unheeded. The attack on the 141.006-ton Megapoint off Ras Al-Khaimah s SaqrAP - 93 words
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293 1987-04-28 18 Agencies THE COMMANDER of the Iranian navy said Iran had over 80 ships "in full combat readiness" to counter any threat in the Gulf and the Strait of Hormuz, the Iranian news agency Irna reported. It said CaptainAgencies - 293 words
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Article723 1987-04-28 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africo Ocean X 1 Alltrons VII 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API III 2/3 ASCI HI 1 Bolt-Canoda line VII 4/5 Bolt-Orient line VII 4/5 Bonk line723 words
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Article173 1987-04-28 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member tines: 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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173 1987-04-28 19 AFP A DUTCH merchant ship carrying 138,000 rounds ot ammunition was detained by Chilean port authorities until the origin of the shipment and its destination can be determined, officials said. The captain whose name was not revealed of the Nedlloyd Manila was taken forAFP - 173 words
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418 1987-04-28 19 Lloyd's List TWO GREEK shipowners have joined forces to create a new 12ship dry bulk pool to operate in the Panamax and handy-size markets. The combined fleet of L W Shipping and Hellespont Group, totalling more than 500,000 tonnes deadweight, will be operatedLloyd's List - 418 words
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358 1987-04-28 19 THE VOLUME of dry bulk carriers in lay-up has fallen to its lowest level for almost five years. A freight market upturn in the wake of massive bulk carrier scrapping last year has drastically cleared berths in the Mediterranean358 words
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Article, Illustration190 1987-04-28 19 JOSEPH F ABELY will retire from his position as the chief executive officer of Sea-Land Services at the end of the month. CSX Corp, parent company of Sea-Land, announced that Mr Robert Hintz, 56. who is currently executive vice-president of the corporation will succeed Mr190 words
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Article240 1987-04-28 19 AFP OWNERS were able to set their sights a little higher as activity picked up in certain sectors on the tanker charter market during the past week in the aftermath of the long Easter break, according to London brokers E A Gibson in their latest market report. ButAFP - 240 words
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192 1987-04-28 19 Kingsley Wood - By Kingsley Wood WEST AUSTRALIA'S Stateships has rescheduled two of its ships to give a round Australia coastal service. The line's two ships trading from Fremantle around the north-west coast to Darwin and Papua New Guinea are to return via east coast ports.192 words
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7708 1987-04-28 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.7,708 words
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Article952 1987-04-28 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Ship Voy Arrival LCL movamant date/time Operator cargo achadula Locatk Uni Mercy 022AN *****7 1600 G Asia F5A 0700-0800 G3 Pelopor 237N *****7 2000 Bousteod F7 1100-1200 U2 B Butong 334 2804 87 2300 S pore Shpg F5A952 words
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Article746 1987-04-28 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Arro* Queen me Bou« Sum olongi.d« 2B 044)600 Du'Hitor K36 S«gon, okwgudo *****)700 Gozo*>o 04 Swntiup oiongsido 29 044)700 Hong Hmg KI7 l«ong S*«n olongMj* 28 044)600 Hyuodo- 5 K32 Boustood otongud* 28 04 4)600 K Meze^tse^ K9746 words
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Page 17 Advertisements
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Advertisement805 1987-04-28 17 Mammoth Hunters Jean M. Auel ra LTJ CORONET BOOKS Available at all Good Bookshops (Sk) STP Distributors 2 JiKong Prvt ROM S*ngapor» ?261 of rue oucmswig Oo** 1 V' fWXiptU Ji^Wi ym j OOCL Orient Oveiqias Contcumi Line wir// JARWNE SHIPPING AGENCIES (Rag. No. 2428 M/ 00K 230 Cwitonnwit Road805 words
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Advertisement75 1987-04-28 17 mas THE COMMANDER of the Iranian navy said Iran had over 80 ships "in full combat readiness" to counter any threat in the Gulf and the Strait of Hormuz. Page II TWO GREEK shipowners have joined forces to create a new 1 2-ship dry bulk pool to operate in the75 words
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Advertisement1046 1987-04-28 17 1 ODESSA 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 EUROPE The Direct Line Towards A Weekly Service Keiang Penan Voy I SDOf, To: Europe UK Scandinavia Finland Sailed Saitecl 30/4 1*1,046 words
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Page 18 Advertisements
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Advertisement373 1987-04-28 18 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT. of LOG DA TEL: 03-*****50 I MALAYSIA SON. BHO. TLX: ***** MTM VSL li CHANG LING AGLAIA 7 1 SCAN VENTURE 1 SOCRATES 'rtirfK*# PT. KLANG I übsck-Hamburg Further load/ discharging ports en route subject to sufficient inducement. Singapore Office: MTM S pore. Tel:373 words
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Advertisement20 1987-04-28 18 Lines and services represented by A Members of the Registry of Accredited (5 Shipping Agents, Singapore National Shipping Association V20 words
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Advertisement451 1987-04-28 18 s OUTBOUND TO NORTH AMERICA SENATOR LINIE ARRIVAL DATES 13.0517 11.0517 IJ 0517 02.1717 tUOJD UJ7J7 *****7 Z7J7J7 HJ7J7 J VI ACCEPTING CARGO TO LOS ANGELES, SAVANNAH, MAM, BALTIMORE B NEW YORK. OTHER DEST PORTS ON REQUESTS. INBOUND FROM EUROPE r.M." 'jju ARRfVAi. BATES rniin ■UT'f iri'T ii i'T 1451 words
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Page 19 Advertisements
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Advertisement666 1987-04-28 19 The Straits Steamship Group Mansfield Container Shipping PteLtd CONTMGtSHP SERVICE TO UK/CWnKMT: STRAITS SHIPPING Slngipon to Sabah, Sirawak, Bnjnti Ports md Bin^kok norvr«| P&O Wfek Container* t wrnmti uvomxx. MY I as Abo Accoprtng Cargo Fori •S as on mx up m ns mp as as IV e w w666 words
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Advertisement615 1987-04-28 19 CHARGEURS REUNIS .im:3,l--.iaii* %i'i a :um.u;7T (MED CLUB MEMBER) M: 3 ti.i*. i; i'in j.11'.. v. TrtMli fpn MSwmLkJL bi a Bim NAKATA MM 9m 1 Apr I Apr Star Apr M Apr If Apr (Zp 2 Apr Star Star MSf »Apr lSr 7St SS LOADING DIRECT FOR; I P.NOMf615 words
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Page 20 Advertisements
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Advertisement228 1987-04-28 20 IE Hapag-Lloyd C3NTAINERSHIP SERVICE TO UK/CONTINENT CONV/SEMI-CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED EUROPE CQNTAINERSHIP SERVICE FROM UK/CONTINENT •Agents Singapore *****66 K. Lumpur *****25 Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50 CPS *****48 Penang *****7, *****2 Terminal *****33 *****3 A V t SOUTHEASTASIA PTE. LTD. INTERNATIONAL FREIGHT228 words
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Advertisement613 1987-04-28 20 ir FULLY CONTAINERISED SE RVICE TO EUROPE VIA SUEZ "1 ol ,h ce Consortwm MC&lihe na/i tm*'!* [«w« NEPTUNE CRYSTAL 39H 29 4 VERRA2ANO BRIDGE KW 6 5 TRANSWORLD BRIDGE 37W 13/5 SEVEN SEAS BRIDGE 60* 20,5 •PKELANG CTRS VIA FEEDER VESSEL Spore LeHiyre R dim Fitowt H burg B'haoan613 words
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Advertisement308 1987-04-28 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: Agent*: SINGAPORE SINGAPORE CALICO SHIPPING PTE LTD Tel 2252*4 Tli: RS Bill CALICO FAX: 2H871 PORT KELANC PERKAPALAN UTAHA SON BHO T*i: jantvi KOTA KINABALU KESAWAN SHIPPING SON BHD T«t 21(81 (3 I mm) Fai: IMB K&S LINE JAPAN/HONG KONG/STRAITS308 words
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Advertisement1174 1987-04-28 20 m EVERGREEN Full Con tjitier Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SCP HKC EVE* CLOSE 3/5 7/5 EVER GRAND ift lOrt EVER GLEAMY 20ft 24rt EVER LAUREL 27ft aft M« GATHER M 7ft EVER GUIM 1M Mft ever uvinc 17/1 n/i ALSO ACCEPTING CARGO TO 1) WOVIOf NCE. NEWARK. SAVANNAH. ROJT1,174 words
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Page 21 Advertisements
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Advertisement524 1987-04-28 21 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE QOWA MA HAWK t 1 rljrt l BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE TWN/MMAN 2/5 ►n 1 4/S RED SEA/EAST AND WEST AFRICA SERVICE KARACHI/M.E. GULF SERVICE CHINA524 words
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Advertisement114 1987-04-28 21 m I m TO: UK/CONTINENT PORTS TO: INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL 22X366 W MALAYSIA SP YEO SHIPPING ft TRADING KL TOSM4« PK 36M101 PENANG TANJUNG MARINE SDN BHO TEL *****5 SABAH TRANSPAC K.K 59«8,7212« m PACIFIC NAVIGATION CO. LTD. 3, Shenton Way, #21-06 Shenton114 words
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Advertisement766 1987-04-28 21 EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT MM IHA VOI ROAM HAVRE STOH t KLAHG SPORE FOR t*"*um urn bM m wm M S«M SM MM MM SMM U U Mar UM MM DM M SoMaO 70 Sc. I H«i Eipraaa UU MM MM MM MM Iff766 words
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Advertisement643 1987-04-28 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 A SINGAPORE TO EUROPE VESSEL/VOY LJ. BONTANG/11WB CAUDA CAMAfIWTB ANTWERP S'PORE BILBAO BREMEN A DAM/K'DAM HBURG 30/4-3/5 -6/6 9/6 12/1 ty g s 5-8/6 12/7 15/7 IV 30*2/7643 words
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Advertisement339 1987-04-28 21 BOUSTEAD SHIPPING AGENCIES M. ■VQMAWA VW HTONrrWA V224W PAGAN VU3 HANDALAY Loading tor Europa MOKAYBANK V3N TAGAMA VIN CLYDEBANK V2ON FORTH BANK VI9N BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S pore P.Kciang Penang Bangkok Z Z Z wsair wumy mumy wamy 21/22 Hay BANK UNE339 words
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Page 22 Advertisements
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Advertisement1048 1987-04-28 22 Lj K LINE KAWASAKI KISEN KAISHA. LTD. Kautß/pm/cMu FEEDER VSI MOTHER VSL SPORE PKLG PNC RAGNA VI TBN n Apr X Apr Ilb SPORE 3 Mir KOBE 22 May GUAYAQUIL CAILAO ARICA 7 Jun IQUIQUE AFAGASTA S ANTONIO VALPARAISO IS Jun It Jun CSKTML AMERICA/CARIBBEAN SEA FEEDER VSL RAGNA VI1,048 words
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Advertisement675 1987-04-28 22 iJUii AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Frwn Srd* Also Aaapfc Feeder Putting ESTECLIPPER V 13 29 Apr CALABAR »J4 12 Mir ESTECLIPPER V.14 4 June CALABAR VJS 17 June LiMf Nnl S pan CHANOtDAS" ¥.25 30 Apr "KABIRDAS" VJ4 May -RAMOAS' V.29 10 Juno "CHANOIOAS" V.26 23 >unt675 words
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Advertisement843 1987-04-28 22 fcCTtn GOLDEN LINE Wre tV GUAN GUAN SHIPPING (PTC) LTD V 23 I (Mi »rf Sto*«l 1 4 satGAPORE 0104 Ttl 5343M1 (10 IMS) STRAITS/PERSIAN GULF SERVICE: s-port mwmi Panam GOLDEN HARVEST Cotomto/Mr*hi/Dub*/B»hr».n 14/U May GOLDEN HAVEN Colombo/Karachi/Muxat/Bahrwn 21/2# May CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF843 words
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Advertisement353 1987-04-28 22 [ifi PHILITRON SHIPPING AGENCIES PIE I ID PHIL I-ORIENT LINES PTE L TD Hf*n OfflCf 63 POBINSON RO»P *07 1? MPOUSI* BUIIDING SINGAPOW 0106 Tfl ??356?? ??***** (8 lINFS) IllfX RS ***** PVHII MX ??5%76 MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL ETA SINGAPORE EAST/WEST AFRICA/MED PORTS SERVICE rn 2E353 words
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Page 23 Advertisements
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Advertisement880 1987-04-28 23 NEPTUNE ORIENT LINES LTD SS NEPTUNE AGENCIES PTE LTD. FE TPA/K* Tmwnil CFS "OOKINCS 0W» mum 77T1X1 uW TJlii ZZUUZZ unai ;T«iu 27*141 NEPIINE SDN. BHD 3MK7 NEPIINE SDN. BHD. *****33 NEPIINE SDN. BHD. *****/6276««7661*276e NEPLINE SDN. BHD ZMWZmi li' IJ* i 115 1 ;TC 111 IVIN CRYSTAL JW VR880 words
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Advertisement416 1987-04-28 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON No I Donjin/705N No f Donjm/7tBN M. Eirt*rprl«*/710N No 7 Dcmm/704N No I DorumTWN No Donim.TOSN No I Donam/TOtN M Enterpri«*/7UN No 7 Oonamfa* S PORE ACENTS NEPTUNE AGENCIES PTE LTD T*l *****12,*****34 *****10 *****22 (Operition«)416 words
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Advertisement631 1987-04-28 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 KELANC PCNANG N/S HANDLING SYSTEM CO SON. BNO MESSRS KAI THONG SHIPPING 127 PwmmJßra* Paaant MaiayM631 words
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Page 24 Advertisements
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Advertisement364 1987-04-28 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD li/.v be r m UZZZSZMM IZZEZTjBI VEB DEUTFRACHTSEEREEDERFI ROSTOCK Jimlm i ;i T j[> Eajaaaiamiß Eamnm ■VIA COLOMBO: Accepting cargo tor Bombay. Cochin A Madras "VIA LARNACA: Accepting cargo tor hraaut, Thamfcmiki.364 words
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Page 24 Miscellaneous
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Miscellaneous166 1987-04-28 24 Regional Weather v ii m s pjjjp 1 :V 21 S8 fi > 31 j •j L« 5 Z*t'S SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wmd direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c X\ T7 Shower Weother Wmd direction with speed166 words
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Page 25 Advertisements
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Advertisement165 1987-04-28 25 WJU, C LL us tW PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE H ANTWERP, BASLE, BREMEN. MALMO, OSLO, STOCKHOLM, UK. LOADING FROM: GOTHENBURG, BREMERMAVEN, HAMBURG. ROTTERDAM OTHtt ORIGINS: AARHUS, AMSTERDAM, ANTWERP, BASLE,165 words
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Advertisement124 1987-04-28 25 MN CONTAINER LINE CRO DUBAI DiRBAM USA 3 5 T0: LA/LB OAK/SF N YORK T PORT LOUIS UW* 10/5 LA/LB, OAK/SF, N.YORK TO DO?R SE'uIER™ ACCEPTING LCL/FCL TO ALL PORTS/IPI PT KELANC TO KOTA KINABALU Bookings: MAC-NELS AGENCIES PTE. LTD. MAC-NELS (MALAYSIA) SDN BHD. Tel: *****44 (22 Line#) P. Kelonfl124 words
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Page 26 Advertisements
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Advertisement288 1987-04-28 26 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMI-CONTAINER SERVICE TO NORTHBOUND TO UKC MORAYBANK V3N TAGAMA VIN CLYDEBANK V2ON FORTHBANK VI9N RDM/A'DAM 4/6 7/6 30/6 24/7 HBG HULL (U.K.) 9/6 13/6 11/6 15/6 3/7 7/7 a/7 31/7 •Alto Accepting rci to Antwerp/Br«rwn/fiutowt/Southampton/(Mfxt/Gothanburi SOUTHBOUND FM UKC TO PAPUA NEW288 words
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Advertisement157 1987-04-28 26 FIP. I ASIA WEST AFRICA urns I CONTAINER SERVICE SAILINGS EVERY MONDAY ACCEPTING CARGO (LCL ft FCL) FOR: DAKAR, FREETOWN, MONROVIA, ABIDJAN, TEMA, LOME, LAGOS ft DOUALA (of r)c|iiir>.s hoi>kin<|s, |>l<-<is«* <.>nl(Kt Singapore Agents BAKKE SIME DARBY SHIPPING PIE I ID Tel *****88/*****26 INTRANS DISTRIBUTION (v. > SERVICES PRIVATE LIMITED157 words
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Advertisement379 1987-04-28 26 OS* IMfflr r MifsciOS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER AFRICA'S smhwjii i\) r w [OIL FULL CONTAINER SERVICES SEE MONDAY. WEDNESDAY. FRIDAY ADVERTISEMENT. LINDENBEL VOY EAA4A NEDLLOYD MOJI VOY EAB32A AFRICA MARU VOY SWA26A SUBJECT INDUCEMENT WEST AFRICA TELAMON VOY WAA2A EARNEST VENTURE VOY WA8228 Rmks: Subject Inducement OSAKA MARU VOY379 words
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Advertisement357 1987-04-28 26 FARGO SHIPPING COMPANY (PTE) LTD regular express full container AND LCL S€*VICE INBOUND AGENT FOR ABC CONTAINERIZE From USA/Canada/Europ«/M«<llt*rranMn V»l BRUSSEL ANTWERPEN C. VEROLME TBN EM RIM §M .EBEMEMFM 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49357 words
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