The Business Times, 7 September 1987

Total Pages: 32
1 32 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, SEPTEMBER 7, 1987 75 CENTS
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  • 690 1  -  Possible request for lifting of trading suspension By LEONG WEN WAH DEBT-LADEN Promet Bhd is on the verge of reaching an agreement with its creditor banks on the restructuring of its loans. The restructuring is now in the documentation stage and all the banks,
    690 words
  • 197 1 AFP TOTAL net flow of Japanese funds to the developing countries in 1966 was US$l4.B billion, a 27.5 per cent increase over the previous year, the Ministry of Financed in Tokyo said Saturday. Overseas Development Aid (OOA) rose 48.4 per cent to 5.6
    AFP  -  197 words
  • 456 1  -  By SOH TIANG KENG, Financial Correspondent BANK LENDING to the commerce sector is showing the first flicker of recovery after a sluggish spell of six months. The Monetary Authority of Singapore, in its latest statistical bulletin, noted that the half-year declining trend of
    456 words
  • 123 1 NST KUANTAN police have obtained some leads on those responsible for the burning of nine buildings, including five mosques, in Pahang last weekend. However, there have been no arrests so far. This was confirmed by the Pahang CID chief, Superintendent Wan Mohamad Wan
    NST  -  123 words
  • 104 1 Reuter AIR INDIA is to um a Soviet- built airliner for the first time, possibly foreshadowing wider cooperation in civil aviation, financial newspapers in New Delhi said. The Economic Times yesterdsy quoted civil aviation authorities as saying the national airline had leased an llyushin IL-62 for
    Reuter  -  104 words
  • 350 1 Reuter CHINA IS SUFFERING serious losses as investment projects using technology imported from Toshiba Machine grind to a halt because of Japan's clampdown on trade with communist countries. The China Daily's business weekly yesterday said three Chinese plants were suffering heavy financial losses after
    Reuter  -  350 words
  • 129 1 AP TAIWAN registered a trade sur plus of US$l2.7 billion for the first eight months this year, up 29 per cent from the same period last year, the government reported yesterday. The directorate general of budget, accounting and statistics said exports totalled $34.4 billion through August,
    AP  -  129 words
  • 674 1  -  By AMY BALAN THE DIVERSIFIED Sime Darby group has turned in a 19 per cent rise in pre-tax profits to M 5152.6 million for the year ended June 30, 1987, marked by uneven performance from its various operating divisions.
    674 words
  • Page 1 Advertisements
    • 407 1 Need a car or truck loan? (All F( 737-7977 MJj VNfcy (bong Mortgage Aixl Ki nance (S) Ltd S A wholly-owned subsidiary of I longkongßank t>Claymore Hill #***** Claymore Plaza Singapore 1N22 MANAGEMENT 0 MADE-IN-SINGAPORE pizzas are giving Italian chefs a run for their money. An energetic Singapore couple has
      407 words
    • 287 1 mm AUSTRALIAN Prim® Minister Bob Howke'j plans for o massive sell-off of national enterprises have been refected. ASIA-PACIFIC, Page 4 PRESIDENT Ronald Reagan urged American workers in a Labour Day message to shun protectionist legislation and 'meet the competition head-on*. REST OF THE WORLD, Page 5 THE AMERICAN Federal Reserve
      287 words
    • 123 1 MaahlMJlsM7 The 7th Asian International Industrial Fair with AiMB7 conference 30 September-3 October 1987 World Trade Centre Singapore Organised by Singapore Exhibition Services Pte Ltd Tel: *****47 Dstallsd results, Pags 18 Because of Atsuko's determination, no other airline can offer you this: IS MS> <►>: JJ a rv* *T.» >
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  • MANAGEMENT
    • 1205 2  -  Made-in-Singapore pizzas are giving Italian chefs a run for their money. An energetic Singapore couple has managed to set up a string of pizza restaurants whose success is traceable to a home-spun recipe. LILIAN ANG takes a peek at the ingredients which go
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    • 633 2  -  By WILLIAM CHIA IF YOU ARE the type of manager who it so busy looking after the day-to-day running of your company that you think you don't have time for "quality" education you had better think again. Or Thomas Barry, the head of IBM's
      633 words
    • 389 2 THE ASHRIDGE Management College has launched a Master of Business Administration programme, starting January 1968. The year-long programme has been designed for executives with some years' experience in management and who have potential for moving on to senior positions. The core of the programme is a
      389 words
    • 362 3  -  By GENEVIEVE CUA BUDGETING is a particularly vital tool for small- and medium-sized enterprises, but this is often dismissed by managers of SMEs who claim that the uncertainties peculiar to their business make budgets impractical. Many SMEs feel they cannot spare the time to
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    • 710 3  - Rags to riches fact or fiction? CHARLES LEADBEATER reports on a study which explodes the myth of fairy-tale ascents from poverty to wealth among Britain's entrepreneurial classes CHARLES LEADBEATER FT JACK RAGS arrived at London docks in 1914, the four-year-old son of Hun-garian-Jewish parents fleeing from poverty and religious repression.
      FT  -  710 words
    • 969 3  - College education the television way By CHARLES LEADBEATER FT WHEN SHEILA INNES and Richard Freeman atarted working together in January in a small London office equipped with a failing photocopier, it must have seemed difficult to believe that just nine months later they would be about to launch one of
      FT  -  969 words
  • Page 2 Advertisements
    • 269 2 Seminars for accountants and company secretaries What are soma of tha mora important dutiai of a company aacratary? When would foreign exchange fluctuations affect tha reporting of results? How would the merger reliefs introduced recently in tha Companies Act affect your company? Answers to these end other questions will be
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    • 362 2 ?l 1 Grand Banquet of Beijing Sept 5 25 Jointly presented by TUNG LOK SHARK'S FIN RESTAURANT and BEIJING HOTEL, China Best cM of China' Award winner The Cordon Bleu Chef Chen Yuliang of Beijing Hotel. Featuring the exquisite Tan's Cuisine and Huaiyang Cuisine From the noble House of Tan
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  • Page 3 Advertisements
    • 65 3 TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' Weekly basis within CBD "telephone. TV. air-con, cooker, fridge, kiichenware. household linen and housekeeping available Tfelex, secretarial and laundry serv ices available Covered car park 24-hour security Types available: Studio 5350 weekly 1-bedroom
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    • 673 3 Olivetti announces the PCs that respect your right to make your own decisions. The arrival of the personal computer revolutionised the way businesses were run, bringing speed and efficiency that were previously unthinkable. That revolution, like all technological revolutions, was producer-led. But the world since the revolution has changed. Business
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  • ASIA-PACIFIC
    • 494 4 AFP AUSTRALIAN Prime Minister Bob Hawke's plans for a massive sell-off of national enterprises such as Qantas and the Commonwealth Bank have been overwhelmingly rejected by his rank and file supporters. Political analysts said Mr Hawke went out on a limb last
      AFP  -  494 words
    • 407 4 UPI CHINA is modifying Marxist theory in light of the nation's special conditions as it implements a series of 'breakthrough' sconomic reforms, a leading economist said in an article published on Saturday. Western analysts said the article, issued as Beijing prepares
      UPI  -  407 words
    • 60 4 Antara THE INDONESIAN economy is expected to improve at the end of this year, thanks to the oil price increase and the competitiveness of the country's non-oil commodities. Somala Wiria, head of stateowned Bank Negara Indonesia 1946 said this after signing a cooperation agreement between the
      Antara  -  60 words
    • 352 4 AFP VIOLENT labour strife that has paralysed South Korea's biggest shipyard has been fuelled by workers' resentment at an authoritarian management style that belies the Korean ideal of group harmony. Interviews with workers, union leaders and senior company officials at the strike-torn
      AFP  -  352 words
    • 114 4 AFP A TOP Gurkha leader said on Saturday that New Delhi had agreed to grant citizenship to 900,000 Gurkhas living in India, the Press Trust of India reported. Subash Gheising, leader of an autonomy movement in the north-eastern hill district of Darjeeling in West Bengal
      AFP  -  114 words
    • 267 4 NYT A GOVERNMENT plan to import millions of dollars worth of advanced car telephones and credit card-op-erated public telephones has resulted in Indian officials criticising each other over whether the country needs such expensive equipment. Critics say India cannot afford such luxuries as it
      NYT  -  267 words
    • 213 4 AFP THE US has donated U*****,000 to help resettle 10,500 refugee families in Sri Lanka's war-torn eastern Trincomalee district, the Finance Ministry said. Part of the money, donated by the US Disaster Relief Fund, will go towards repairing hospitals damaged during four years
      AFP  -  213 words
  • Page 4 Advertisements
    • 181 4 MITA DC-2055 THE NEW GENERATDN COHER.... V ■■PPiW? nut ...DCES FRACIXAIJY EVERYTHING PCRMDU! No more fumbling with paper cassette or ratio selections All you have to do is press "print" and the DC-2055 will take care of the rest tor you. Its Automatic Papec Selection function senses the size of
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    • 98 4 Eighth Moon Ecstacy. Experience once again the ecstasy of scrumptious Moon Cakes at Cathay and Kelong Thomson Restaurants. The season's specialty comes with traditional fillings like lian rong, melon seeds and egg yolks in our unique nonya-inspired pandan or banana flavoured skins. Choice of two sixes. Comes attractively gifuboxed, four
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  • Page 4 Miscellaneous

  • REST OF THE WORLD
    • 547 5 UPI WOMEN are making some progress in closing the wage gap with men, and remaining disparities cannot be solely attributed to women leaving the work force to have children, the US Census Bureau said last Friday. It said overall in 1984, women
      UPI  -  547 words
    • 120 5 NYT AMID INDICATIONS that air travellers now favour forbidding smoking on many flights, one major international carrier has announced plans to extend an experimental smoking ban that most of its passengers have greeted with approval. Four months after becoming the only major airline to
      NYT  -  120 words
    • 875 5 ARRIVALS Operator Service Local From number time S4A SQ11 0045 LAX/NTT UA UA805 0045 SFO/HKG FT FT73 0046 LAX/SFO/ANC/ NRT/OSA/TPC MAS MH621 0140 KUL GU GA1223 0535 JED/SHJ MAA SU SQ41 0615 AC AC580 0700 YYZ/MU/DXB MAS MH601 0720 KUL SU SQ43 0805 DHA/BOM MAS MH681 0820
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    • 157 5 AFP GREEK Prime Minister AndreasPapandreou announced on Saturday that his government's austerity programme would end at the end of the year. In a speech opening the 52nd International Fair of Thessaloniki (Salonica), Mr Papandreou said the economic stabilisation programme' instituted in October
      AFP  -  157 words
    • 323 5 AP PRESIDENT Ronald Reagan urged American workers in a Labour Day message to shun protectionist legislation and "meet the competition head-on. And don't let anyone tell you we can't do it," he said in his weekly radio address last Saturday. Mr Reagan delivered
      AP  -  323 words
    • 216 5 FT EUROPE'S increasingly touchy trade relations with Japan, and demands for further measures to open the Japanese market to EC exports, will dominate the agenda of talks this week between Mr Willy de Clercq, the EC trade commissioner, and senior Japanese ministers. The launching
      FT  -  216 words
  • Page 5 Advertisements
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    • 330 5 t-* /*> '.Mi- i mf. n .7- r n ■£ti m? V if. r j -i i a v •:< ic* *32 .4 h n V x. *4 -i I v« h 12 *>.- f j f. i V »k' In our struggle to develop the ultimate PC, we created
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  • MONEY AND EXCHANGES
    • 496 6 Reuter THE Philadelphia stock exchange's planned introduction of night trading in foreign currency options and futures on Sep 16 could dramatically expand its overseas business although progress will be gradual. Exchange officials said they were aiming for an initial volume of about 2,500 contracts
      Reuter  -  496 words
    • 397 6 Reuter THE SECOND gilts (UK government bonds) auction to be held on Sep 23 is likely to attract many foreign investors due to the pound's recent stability, high yields on gilts and falling prices in other bond markets. "The overseas sector has become an increasingly
      Reuter  -  397 words
    • 1378 6 Union Bank of Switzerland AP ZURICH: The bearish trend of the US dollar was reaffirmed last week. Sporadic central bank intervention, almost a daily feature, made little impression on the markets. The Fed's hesitation to participate in concerted Euro-Japa-nese interventions prevented a dollar correction from taking place. Even
      Union Bank of Switzerland; AP  -  1,378 words
    • 486 6 Indicates tt>« imag* of the prime lending rates of 12 mafor banks In Singapore PUt of bonks ot the dot* of business on Friday, Sop 4, as supplied by lb* Association of Bonks in Singapore. BANK PLR Algemene Bank 6% Allied Irish Bank PLC 6% American Express
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    • 381 6 Gold Financial futures Green Collier SPOT GOLD gained more grounds on short-covering and technical buying last week ahead of the US Labour Day Holiday. At New York's Commodity Exchange, spot gold settled last Friday at U*****.10 an ounce, up about $10 over the previous Friday's settlement. A cluster of factors
      Green & Collier  -  381 words
    • 205 6 Asian market ASIAN CURRENCY average deposit rates for ihe week ended Sep 4 High RICES Low US S 7 dojr» 6 7/8 6 13/16 1 month 7 1/8 7 1/16 2 munthi 7 3/16 7 1/8 3 nimilttt 7 1/4 7 3/16 6 monthj 7 5/8 7 7/16 9 iwmiltw
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    • 30 6 The range of call rates for the week ended Saturday, Sep 5 Rank fund 2.4 2.8 G«n fund 2—3 of funds M$ 1,996m Source: Short Deposits (M) Bhd
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  • Page 6 Advertisements
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  • Page 6 Miscellaneous
    • 81 6 Doonesbury BY GARRY TRUDEAU READY FOR. SURB AM, OUR BIG ZONK. YOU CINEMA HAPANYI cmE./MROA* -mine TO BAT? NO. I JUST THOUGHT WHY* IDONfT TTMIGHTBE NICE CffTOi YOUR 10 HAVE-50MB DRIFT. PINNER FIRST... A MOV/BAND PfNNBR A PEUK? I PORT AFTER. WHOA! TOO FAST! 0H... SORRY. UJE'RB SPINNING A MOVIE'S
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  • BANKING AND FINANCE
    • 564 7 Reuter A RADICAL plan by Brazil to settle some of its debt drew a cautious reaction last Friday from leading US bankers after they heard more about it from Brazilian Finance Minister Luiz Carlos Bresser Pereira. The Brazilian minister was speaking at a debt
      Reuter  -  564 words
    • 363 7 Reuter THE CALIFORNIA legislature has approved a Bill that will give foreign banks a head start in bidding for takeover candidates in America's most populous state. Opponents of the Bill have said it would provide foreign banks, particularly Japanese institutions
      Reuter  -  363 words
    • 213 7 Reuter THE WORLD'S nine major government bond markets combined registered a 1.51 per cent total return in August and a 5.77 per cent year-to-date gain, according to Salomon Brothers' world government bond index. The index measures total returns on the government bond markets of
      Reuter  -  213 words
    • 576 7 Fear of worsening inflation NYT THE AMERICAN Federal Reserve Board's discount rate increase, the first in three years, was apparently spurred by a three-week decline in the dollar's value that has touched off fear of inflation. One of the Fed's main goals is
      NYT  -  576 words
    • 185 7 Reuter US MONETARY authorities bought a total of US$BO6 million on three occasions in May, June and July to support the beleaguered US currency, the New York Federal Reserve said last Thursday. Of the total, US$6B3 million was purchased using Deutschemarks and US$l23 million against the
      Reuter  -  185 words
    • 173 7 STANDARD CHARTERED Bank and its finance company, Standard Chartered Finance, have lowered their interest rates by 0.25 per cent for housing loans of all periods exceeding five years. And they have extended the maximum loan repayment period from 25 to 30 years. Interest rate for the
      173 words
    • 208 7 AFP THE BANK of Japan is shifting its policy to counter-inflation rather than stimulating business activity as economic trends show potential inflation looming. Central bank sources said on Saturday that the US Federal Reserve's decision to raise the discount rate from 5.5 per cent to
      AFP  -  208 words
    • 706 7 Reuter THE US DOLLAR S latest weakness is causing anxiety in Europe, where governments fear that a sharp new drop in its value may do real damage to several economies. West German Economics Minister Martin Bangemann calls a dollar down at 1.80 deutschemarks 'the pain threshold'.
      Reuter  -  706 words
    • 319 7 Reuter THE ASIAN Development Bank (ADB) has approved a significant reduction in charges on ordinary loans to its developing member countries. The bank's variable interest rate spread, which is added to the average cost of a pool of borrowings in determining its pool-based variable
      Reuter  -  319 words
  • Page 7 Advertisements
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  • COMMODITIES
    • 349 8 Scope for new ventures UPI SAUDI ARABIA is planning to restructure its oil industry in a move that could reduce the four US Aramco partners role in the kingdom's oil production, but pave the way for new ventures in refining and marketing, Petroleum
      UPI  -  349 words
    • 384 8 Reuter OPEC CRUDE output limits set last June and lower current world stock levels are likely to help maintain oil prices into the winter, according to Peter Holmes, chairman of Shell Transport and Trading Co PLC last Friday. Holmes said
      Reuter  -  384 words
    • 101 8 AFP DE BEERS Consolidated Mines, which markets the bulk of world diamond output through the Central Selling Organisation (CSO) in London, announced on Friday that the price of uncut diamonds will rise by an average of 10 per cent next month. The price
      AFP  -  101 words
    • 257 8 Bernama ES LOW STOCKS and improved demand continued to keep the Malaysian rubber market in steady condition in July. Prices are advancing strongly to new peaks that were last seen 40 months ago. According to the rubber market review published last
      Bernama ES  -  257 words
    • 253 8 AFP THE WORLD'S largest platinum producer, South Africa's Rustenburg Platinum (Rusplat), warned in Johannesburg on Friday of "an increasingly likely deterioration in market conditions" for the metal. In an annual report for 1986, Rusplat chairman Pat Retief said there was a "material risk that major
      AFP  -  253 words
    • 194 8 THE Malaysian rubber market was quiet last week with new trading month October International One RSS buyer quoted at 264.00 Malaysian cents a kg at the close, unchanged from the previous Friday's close. The price rose 1.5 cents last Tuesday when the market opened after Monday's public holiday on
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    • 160 8 THE TIN PRICE on the Kuala Lumpur Tin Market dropped 12 Malaysian cents last week to M 516.81 a kg on a technical correction. The price rose two cents from Friday's close to M 516.95 a kg when the week's trading opened last Tuesday after the public holiday
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    • 135 8 THE Malaysian crude palm oil market was easier last week in moderate trading with the average price for September delivery down M 56.50 to close at M 5723.50 a tonne from M 5730.00 a tonne the previous Friday. Prices moved downwards for much of the week before
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    • 175 8 PORLA prices for September 4 Crude palm oil All trades in M$/tonne on delivered basis unless otherwise stated: Mon» North louft Cwei C C—I *wn|i S*p 726.50 725.00 718.00 722.50 723.50 Oct 729.00 725.00 Nov 725.00 727.00 P«im kernel ei-mlll Month North Sou* Central E Coaet Average S*p
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    • 169 8 Chinese Produce Exchange Sailors' noon doling prices on Sop 5 (SS/100 kg) Coconut oil Mk FOB 95.00 Otd drum FOB 105.00 Now drum FOB 109.00 Copra Mixod (Ioom) 56 Pepper JUtiMrtmL luttka "Wl'v* WIHIV FOB NtW 1 292.50 Sarawak wfcHo FOB foq NLW 1277.50 Sarawak spodal black FOB
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    • 338 8 London Commodity Exchange Buyer/Seller doting pricei on Sep 4 (£/tonne unlets tpedfled). Previous doting prices in porenthetiv Coff«« Both In-ttore London, tellers option OF London Sep 1303/1305 High/Low (1310/1313) 1308/1297 Nov 1340/1343 High/Low (1347/1348) 1344/1330 JOW (2344) Cocoa Sep 1207/1210 High/Low (1203/1206) 1220/1205 DK 1251/1252 High/Low (1247/1248) 1263/1245
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    • 90 8 SOYBEAN futures in Chicago closed up 6% to two US cents on Friday as strong soy meal prices sparked a late rally. November closed 3% cents higher at U555.15%. Advancing soymeal prices sparked a late rally that pushed November through the key resistance point of U555.14%, triggering additional buying.
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    • 84 8 WHEAT futures in Chicago closed unchanged to 1% US cents lower in narrow, light pre-holiday trading last Friday. December settled cent lower at U552.87%. Corn futures settled up Vt to 1% cents, on or near session highs, with December up one cent at U551.67%. Prices recovered from early lows
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  • Page 8 Advertisements
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      158 words

  • FOCUS
    • 547 9  -  The US, which has had a military presence in the Gulf for 40 years, has been drawn deeper into the region by Reagan's reflagging of Kuwaiti tankers. In the main piece on this page, ELIOT BRENNER examines the views of some prominent Americans on
      UPI  -  547 words
    • 634 9 Silkworm a cool name that raises temperatures AP IRAN'S batteries of Chinese-made Silkworm an-ti-ship missiles pose a serious danger to Persian Gulf shipping and have long been considered a threat to Kuwait, located only 56 km from Irani-an-held territory. The US earlier this year warned Iran against deploying mobile batteries
      AP  -  634 words
  • Page 9 Advertisements
    • 483 9 THE NEW BMW 735 i COSTS $222,000. (AND NO, IT DOESN'T COME WITH A DIAMOND-STUDDED STEERING WHEEL OR PLATINUM BUMPERS.) Wo hopcwiflfni'l being too much off I wot blanket. But wo hod to foce tbo reality that tbo now BMW 7351 might just not bo your Woo off i dream
      483 words

  • PERSPECTIVE
    • 1200 10  -  As Hongkong grapples with a labour shortage, waves of Hongkong manufacturing companies are shifting production north of the border to southern China. NICHOLAS D KRISTOF reports. NICHOLAS D KRISTOF NYT DUSTY FIELDS and backyard vegetable plots are being replaced by rows of thriving factories in
      NYT  -  1,200 words
    • 769 10 Reuter IN AFRICAN DESERTS, solar energy is used to run refrigerators. Affluent Californians watch televisions powered by wind turbines. Superheated geothermal steam, screaming like a jet engine, drives a turbine in a remote Philippine town. Cities in China and India get energy from methane
      Reuter  -  769 words
    • 686 10 Reuter MORETON BINN bills himself as the "Baron of Barter" and in pursuit of that title has traded everything from "kryptonite" roclcs to television air time and the Eiffel Tower Restaurant. Other companies may see only horrendous marketing gaffes or divine strokes of had
      Reuter  -  686 words
  • Page 10 Advertisements
    • 264 10 Here's a business deal for you to chew on. Some call theirs the B Executive Lunch. Others name theirs the Businessman's Lunch. Well, we at Le Vendome 1 Continental Restaurant thought we should address the issue more direct and present you with our proposals. If you're the type who has
      264 words
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  • Page 10 Miscellaneous
    • 623 10 CRYPTIC PUZZLE ACROSS 1 What, out East, to grow as a cereal (5) 6 Commence to jump (5) 9 Division of a court (7) 10 Green areas for bowls! (5) 11 They're inclined to be scandalous (5) 12 Just fancy! (5) 13 Stranded, suffering in bed (7) 15 Outstanding river?
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  • THE ARTS
    • 678 11  -  SHAUN KOH AT THE TIME, it was almost like asking that impossible question: Why do Zebras have stripes? You see. Oad loved watching the Black and White Minstrel Show that came to local television several years ago. I was still in school then and any excuse not to
      678 words
    • 341 11 THERE'S NO DOUBT that music competitions, filled with excitement and tense expectation, attract all kinds of people from the ardent musician hoping to discover someone with an exceptional musical statement to make, to the family cheer leader, to the simply curious who loves a
      341 words
    • 686 11  -  Lionel won coveted Italian instrument By SHAUN KOH AFTER THE SEMI-FINALS, it became clear the finals would be a grand finale. The three finalists were indeed worthy of their selection. They were young but talented. And for their age, they exhibited a certain charm
      686 words
    • 1047 11  -  By TONG SUIT CHEE THE NONYAS are not likely to be able to revive the graceful pastime of creating their lovely pieces of intricate beadwork or beautiful embroidery anymore because the way of life they enjoyed had become obsolete at least 50 years ago. Fortunately,
      1,047 words
  • Page 11 Miscellaneous
    • 1219 11 w QGB BaGWD 12 7.00 PM SBC Text Sample Pages. 7.30 Opening and Programme Highlights followed by The Paper Chase The Graduation Year: Suppressed Desires. With three weeks to go before the finals, all the students are edgy. Hart, Ford, Laura and the others take a brak at Ernie's where
      1,219 words
    • 25 11 RjDGt <Sort HOLiDfty This U)€.£K. DOrvmOQ PLAVIWQ, CPtCDS CMGSS SET fr» ©Evening Standard Co Ltd l'J62 'O > l£T'S see np,ve I GOT 6.vc£rTW'WG 1 L
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  • SPORTS & LEISURE
    • 671 12  -  By VANESSA LEE MANY ART LOVERS and critics acclaim Hosetsu Otsuka as a pioneer in the art of applying abstract elements to Oriental calligraphy. Still on experimental grounds for many contemporary Asian artists, Otsuka, it is evident, has skilfully combined both in his works, now on show
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    • 555 13  -  By WALTON MORAIS SAMSON GIMSON equalled a record while the Singapore SEA Games team left for Jakarta with mixed fortunes after the Singapore Golf Association monthly 72-hole championship at Keppel on Saturday. Samson, chasing M Murugiah's record nine championship wins last season, continued a
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    • 251 13 AFP TO SOME, an eight-stroke lead with one round to go would seem safe enough. But not to Joey Sindelar, who extended his lead at the US$4OO,OOO BC Open from seven to eight strokes after the third round on Saturday. The eight-stroke lead is the largest
      AFP  -  251 words
    • 473 13  -  By CHERRIE HOLDER THE MIND was finely tuned, the daredevil control was in gear. But that unknown piece of debris, gleefully playing hide-and-seek in the middle of the jumps course, had other ideas. For Mark Beretta, mind and body were tuned in on
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    • 530 13  -  by Vanessa Lee THE CHARM of Marijke Raijmakers' etchings lies in her skill at transforming everyday objects she loves, such as dolls and puppets, plants and flowers, sofas and chairs into beautiful works of art. A selection of the etchings of this 44-year-old Dutch textile designer and
      530 words
    • 420 13 NYT SOMETIMES, watching John McEnroe at his best means suffering McEnroe at his worst, a combination of tennis and tantrums that has made him not only arguably the best player of his generation, but also the most controversial. In a performance that was
      NYT  -  420 words
    • 247 15 AP SERGEI BUBKA stood alone on the pole vault runway, his rivals long eliminated. The bar stood at 6.05, a world record, and 60,000 fans held their breath as silence fell over Olympic Stadium in Rome. Bubka, his title already retained, lifted the pole, leaned back and
      AP  -  247 words
    • 748 15 NYT CARL LEWIS'S latest quest of a world record and a 29-foot long Jump ended on Saturday without success. Yet his longest jump of the day was good enough to win his first gold medal on the next-to-last day of the world track and
      NYT  -  748 words
  • Page 12 Advertisements
    • 891 12 f, Ml H i m _ji i jr Jm ii i± < /f! > i 1 'ponetytpoltoy a band with a faraway name but whofe right at home with the crowd at Treetops Bar... 8 pm onwards. fleas COSY, INFORMAL CONTINENTAL At Blooms Continental Restaurant, you'll not only enjoy the
      891 words
    • 268 12 Singapore Airlines and Mandarin Singapore present VL k. GOORM6T FfiSTfVAI 27 August to September 13 1987 A one-stop tour of the food, fashion and culture of seven countries. At The Mandarin Special performances Taiwan: September 5 to 7 Cultural dances and great Chinese Master Painter Mr. Chang Chieh whose paintings
      268 words

  • Page 13 Advertisements
    • 481 13 ig®P(^SS Spectacular views from atop the world's tallest hotel. At the Restaurant, choose from Continental cuisine. Or unwind at the Bar with specialty cocktails and snacks. Restaurant: 12pm 2.30pm, 7pm 11pm. Bar: 1 lam 2am. Seafood Buffet Lunch: Mon Fri. 70th Floor, Westin Stamford. Reservations: 338 8585 ext. ***** or
      481 words

  • Page 14 Advertisements
    • 1817 14 Sime Darbyj The Sime Darby Group PRELIMINARY ANNOUNCEMENTS OF CONSOLIDATED RESULTS FOR THE YEAR ENDED 30TH JUNE 1987 Sime Darby Berhad •rated 30th June 1967 The Directors are pleased to announce the following: 1. Unaudited rwults of the Group and of the Company for the yeer a) Turnover Operating profit
      1,817 words

  • Page 15 Advertisements
    • 1146 15 The Sime Darby Group Consolidated Plantations Berhad The Directors are pleased to announce the following:— 1. Unaudited results of the Group and of the Company for the year ended 30th June 1987 a) Turnover Operating profit (Note i) Investment and interest income Share of profits of associated companies Profit before
      1,146 words

  • MARKET REVIEWS
    • Article, Illustration
      4684 16 TOP TEN STOCKS THE FOLLOWING is o lilt of the 10 most actively traded stocks on the Stock Exchange of Singapore last week. Company Turnover Prices High Low 000 Sep 4 1987 1987 Ton Chong 8051 089% 125 0 33% Ind Oxygen 7 275 0 83% 1 34 044 A
      4,684 words
    • 732 16  -  r Singapore p By CORRINA LIM LAST WEEK, the market opened quietly, recovered a bit, lost ground again, but finally managed to close on a firmer note. Investor jitters over reports that arsonists had burned down five mosques in Pahang
      732 words
    • 340 16 r«Australia 4 AFP THE AUSTRALIAN share market showed surprising strength last week despite a deterioration of fundamental factors abroad, brokers said. County Securities broking analyst Warwick Evans said that a rise in gold prices on Thursday gave the market a push while
      AFP  -  340 words
    • 642 16  -  Week ended Sep 4 compiled by JULIANA TAY SCRIP ISSUES QAF Ltd: Rights issue of two-for-three ot $0.60 per shore CORPORATE DEVELOPMENTS THE STOCK EXCHANGE of Singapore has proposed a link-up with the Stock Exchange of Luxembourg which will see a cross-listing system that will
      642 words
    • 749 17 fcsM K.Lumpur MBT BEARS RETURNED with fresh vigour at the Kuala Lumpur stock market last week and forced prices down across the board. The market recorded hefty losses in spite of late bargainhunting activities on Friday. The bear raid began on Tuesday and
      MBT  -  749 words
    • 378 17 Pi W\ J ew A AFP THE WEAKNESS of the US dollar coupled with a general rise in US interest rates led to sharp falls on Wall Street last week in a market judged extremely nervous. The Dow Jones Index of 30
      AFP  -  378 words
    • 1110 17 *1 L x I Hongkong y DBS Securities HK THE PAST WEEK on the Hongkong stock market was characterised by volatile trading centred mainly on second and third liner stocks. Buyers returned in force to the market after being
      DBS Securities HK  -  1,110 words
    • 681 17  -  r |ruuj London From MICHAEL CLARK THE CHANCELLOR of the Exchequer's attempt to pour oil on the troubled waters of the London stock market turned out to be well-timed last week as the wind of higher interest rates blew in from across the Atlantic.
      681 words
    • 412 17 [js] Tokyo r A AFP IN SPITE OF hitting a record high last Tuesday, the Tokyo Stock Exchange (TSE) closed the week lower following a bout of nervous selling which was triggered by news that a major chemical company had suffered serious losses on
      AFP  -  412 words
    • 494 17 Union Bank of Switzerland THE ZURICH Stock Exchange opened last week in scant trading volume. There were some marked shifts in the money market. The trend towards higher yields was especially visible at the short end: for example, one month money rates added
      Union Bank of Switzerland  -  494 words
    • 231 17 NMB Bank Securities AMSTERDAM had a rough week as disappointing company news, a lower US dollar and a weak Wall Street took their toll, cutting 10 points off the ANP/CBS general index. A faintly favourable element was that daily trading volume, at
      NMB Bank Securities  -  231 words

  • Page 17 Advertisements

  • COMPANY NEWS
    • 903 18  -  Setback for Consplant earnings By AMY BALAN TRACTORS Malaysia Holdings Bhd outshone other members in the Sime Darby group with a four-fold rise in pre-tax profits to M 524.7 million for its financial year ended June 30 1987, against $4.6 million the previous year. This
      903 words
    • 241 18 Bernama ES TWO HUNGARIAN companies, Blaerisz and Taurus, are negotiating with the Malaysian investors to set up joint-ventures in Malaysia. Speaking at a press conference in Kuala Lumpur on the Hungarian Trade Week, the sec-retary-general of the Hungarian Chamber of Commerce, P Lorincze
      Bernama ES  -  241 words
    • 671 18 wm mm»» By HOCK LOCK SIEW MALAYSIAN stocks have taken a drubbing in recent days, but investors have reason to be "cautiously'' optimistic about o key counter: Malaysia Mining Corporation. As one of the world's biggest producers of tin, MMC's prospects depend in
      By HOCK LOCK SIEW  -  671 words
    • 656 18 MBT THE LION GROUP plana to expand its export business and provide export marketing services for Malaysian manufacturers and producers. Sources told the Malaysian Business Times laat week the Lion group would be in a position to offer export marketing services when
      MBT  -  656 words
    • 190 18 Island Peninsular to enhance its property image Bernama ES PROPERTY-BASED Island and Paninsular Bhd is planning to maka a name for itsalf as a property developer in the capital. This is because most of its projects were previously centered in the north which mainly covered the states of Penang and
      Bernama ES  -  190 words
    • 139 18 Bernama MULPHA INTERNATIONALTrading Corp Bhd said its proposal to dispose of 16.95 million ordinary shares of Msl each in Mulpha (S) Ltd (MSL) will be satisfied in cash Replying to queries from the KLSE on Saturday, Mulpha said the large losses suffered by
      Bernama  -  139 words
    • 114 18 Bernama ES SIN POH (Star News) Amalgamated (M) Sdn Bhd. the proprietor of Sin Chew Jit Poh, a leading Chinese newspaper company in Malaysia. haa been placed under receivership. The company's main banker has appointed Mr Khoo Eng Choo. Raja Arshad Uda and Chin Kwai Yoong
      Bernama ES  -  114 words
  • Page 18 Advertisements
    • 135 18 Two banks team up with Ong&Company Ong Company, one of Singapore's largest stockbroking firms, is pleased to announce the participation of two large international banks in the equity of the Company. Effective August 14, 1987, Bangkok Bank and Gulf International Bank B.S.C. became shareholders of Ong Company Re Ltd with
      135 words
    • 76 18 WHEN THE BULLS CHARGE, CAN YOU BEAR IT? Strong financial support is part and parcel of a sensible investment plan. We can help you achieve just that. Our Share Financing Scheme provides up to 70% financing. And at rates as low as 7.5% p.a. Find out more. Call 532-3332 today.
      76 words

  • WORLD MARKETS
    • 1068 19 New York Reuter PROFIT-TAKING ravaged Wall Street for a fourth straight day on Friday, sending the market to its biggest one week decline in almost a year. Only a slight gain in the dollar after the Federal Reserve raised the discount rate to six per
      Reuter  -  1,068 words
    • 1011 19 London Reuter EQUITIES on the London market last Friday declined from their Monday highs following a 1/2 point increase to six per cent in the US discount rate, which sent Wall Street stock prices down after an early 10 point gain, dealers said. The FTSE 100
      Reuter  -  1,011 words
    • 92 19 UPI THE NUMBER of people registering with the British Petroleum (BP) share information office has reached one million in the first two weeks of the share offer, said NM Rothschilds, financial advisers for the issue said. And new enquiries are now running at well
      UPI  -  92 words
    • 1377 19 Amsterdam W M U ABN 46.90 -07 Aegon 86 30 •1 6 Ahold 101 00 -2 Akzo 171 00 -0 5 Alranta 146.60 AMEV SO 40 •06 Amro Bank 66 40 Am Stad 122 90 14.20 -0 6 BOLS 146 10 •1 4 Bormumli 12RSO 1 Buahrman Tanaroda 64 30
      1,377 words
    • 922 19 Investors rediscovering scepticism and fear p Wall Street I FT AFTER THE last two weeks' invigorating shakeout. the US stockmarket is poised for big advances towards still higher records. That, give or take some differences on magnitude and timing, was the over whelming view
      FT  -  922 words
    • 408 19 NYT CHRISTIE'S is being sued by three individuals who charged that in 1980 the auction house sold three Russian icons that it knew or should have known were fakes. Last Friday, faced with possible legal action from Christie's, a lawyer for
      NYT  -  408 words
    • 83 19 Reuter THE NEW PARIS shares option market will open as planned on September 10 but only three of the planned six blue chip stocks will initially be traded, a spokesman for the stockbrokers association said. Options on Lafarge Cop- pee. Paribas and Peugeot, will
      Reuter  -  83 words
    • 202 19 1 New Zealand Reuter THE NEW ZEALAND share market will rise steadily for the rest of this year with support for leading stocks slowly spreading to sec-ond-line shares, brokers O'Connor Grieve and Co said. In a review of the top 40 New Zealand shares,
      Reuter  -  202 words
  • Page 19 Advertisements
    • 386 19 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE SHIP'S NAME We, NEPTRA SHIPPING PTE LTD, a Singaporean Company having our registered office at 456 Alexandra Road, #OfrOO, NOL Building, Singapore 0511 hereby give notice that in consequence of the purchase by u* of the ship mentioned below we have applied to the
      386 words
    • 408 19 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 and IN THE MATTER OF SIGMA TRADING COMPANY PRIVATE LIMITED (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of SIGMA TRADING COMPANY PRIVATE LIMITED duly held and convened at 36. Phillip Street #02-00, Singapore 0104
      408 words
    • 475 19 IN THE MATTER OF THE COMPANIES ACT, CAP., 50 AND IN THE MATTER OF NANYO INVESTMENT PTE. LTD. NOTICE OF SPECIAL RESOLUTIONS FOR MEMBERS' VOLUNTARY WINDING-UP (PURSUANT TO SECTION 290<lXb)) At an Extraordinary General Meeting of the member® of NANYO INVESTMENT PTE. LTD. duly convened and held at 545 Orchard
      475 words

  • 329 20 Reuter REFORMISTS in the Philippine military have renewed demands for the dismissal of armed forces chief General Fidel Ramos, who saved President Corazon Aquino from a coup attempt 10 days ago. The Movement for Professionalism in the Armed Forces (MPA) feels
    Reuter  -  329 words
  • 199 20 AFP CHINA cannot rule out military action to recover Taiwan because Taipei would otherwise refuse peaceful negotiations for reunification, Beijing's ambassador to Washington has said. "A peaceful reunification is our consistent policy," Mr Han Xu told a national convention of the
    AFP  -  199 words
  • 354 20 FOR DEMOCRACY to work, Singaporeans need to do more than just vote at elections once every five years, said Dr Lee Boon Yang, Minister of State (National Development and Home Affairs). They also have to take an interest in their community and
    354 words
  • 583 20  -  MND study shows biggest winner to be landed sector By LEE HAN SHIH, Property Correspondent AFTER HITTING BOTTOM in the middle of last year, property prices went up by 16 per cent in the following six months, according to an official
    Source: Research & Statistics Unit, MND  -  583 words
  • 338 20 GRADUATES are no longer a rare commodity and have to expect less favoured treatment, some 520 first degree graduates in Business Administration were told yesterday. Fraser Neave (S) group general manager. Mr Bernard Chen, said at their convocation ceremony at
    338 words
  • 115 20 THE Minister for Foreign Affairs, Mr S Dhanabalan, will pay official visits to Turkey and West Germany from Wednesday to Saturday. The Foreign Ministry said Mr Dhanabalan, who is also the National Development Minister, will call on the Turkish Prime Minister, Mr Turgut Ozal.
    115 words
  • 218 20 AP HUNDREDS of Burmese university students protesting a government currency demonetisation rioted in the streets, shouting an-ti-government slogans and setting fire to cars and buildings, witnesses said yesterday. Students said police sealed off roads leading to Rangoon University and the Rangoon Institute of Technology
    AP  -  218 words
  • 314 20 Bernama THE MUSLIM COMMUNITY in Sabah is perturbed by the setting up of a Christian seminary in Kota Kinabalu using Bahasa Malaysia as its medium of instruction, the first to do so in the country. They are suspicious of
    Bernama  -  314 words
  • 226 20 DEPUTY Finance Minister Senator Farid Ariffin said yesterday that Malaysia had attained an economic growth which was above expectations for this year and urged local businessmen not to hesitate anymore in investing within the country. He said the economic growth already exceeded the one per
    226 words
  • 118 20 AFP THE BRITISH government is drawing up plans to sell off London's traffic lights to the private sector. The Sunday Times said yesterday that the government had invited bids from companies willing to maintain the lights on contract to the Department of
    AFP  -  118 words
  • 52 20 MINDEF conducted an open mobilisation exercise at 2.05 pm yesterday. No advance notice was given. All personnel from units whose codewords were Signal Flare, Landing Deck, Burning Flame and Great Wall had to report to their mobilisation centres. As usual, they were informed through television, radio, rediffusion
    52 words
  • LATE FILE
    • 53 20 Reuter CHAD, striking deep inside Libyan territory for the first time, has overrun a major Sahara Desert air base defended by about 3,000 Libyan troops. Chad's ambassador to France Ahmad Allam-Mi said yesterday that Chadian forces destroyed 30 combat aircraft and killed or captured hundreds of
      Reuter  -  53 words
    • 44 20 AP AUTHORITIES in Manila said yesterday they suspected mass poisoning in the deaths of 19 military recruits and the hospitalisation of 140 others. First reports said the victims, part of a 225-man Philippine Constabulary training class, apparently suffered heat stroke. AP
      AP  -  44 words
    • 50 20 AFP ABOUT 3,075,000 Japanese went abroad in the first half of this year, helped along by the higher value of the yen. The Immigration Bureau in Tokyo said yesterday that a survey showed this was up 21.7 per cent from the same period last year. AFP
      AFP  -  50 words
    • 37 20 Reuter THE Moscow-backed government in Afghanistan will present a proposed timetable for the withdrawal of 115,000 Soviet troops when UN peace talks resume today, said Western and East bloc diplomats in Geneva yesterday.
      Reuter  -  37 words
    • 45 20 UPI ABOUT 15,000 Israeli aircraft workers waving flags and blowing horns yesterday surrounded a building in Jerusalem where the Cabinet met in a noisy but peaceful protest against the government s decision to cancel the Lavi jet fighter programme. UPI
      UPI  -  45 words
    • 37 20 UPI POLICE in South Korea yesterday charged 123 workers and questioned others in two provincial cities in connection with violent labour protests in which workers damaged facilities and took company executives prisoner. UPI
      UPI  -  37 words
    • 22 20 Reuter TURKISH Prime Minister Turgut Ozal announced yesterday that he would call early general elections in November. Reuter
      Reuter  -  22 words
    • 42 20 AFP THREE Sikh militants, including a wanted killer, were shot dead in Punjab. Officials and reports from New Delhi yesterday said Border Security Force troops shot dead Sikh separatist Savinder Singh in Amritsar s Madhoke village on Saturday. AFP
      AFP  -  42 words
  • Page 20 Advertisements
    • 283 20 Get your free dippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Finance companies to make bigger provisions for loans. 2. Tax uncertainties delay launching of Nomura investment fund. 3. Life insurance industry records impressive growth. 4. In a
      283 words
    • 72 20 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touches and comforts. For short-or long-term lease, call Florence/Dina
      72 words

  • SHIPPING TIMES
    • 533 21  -  Member lines set additional rates for Gulf-bound cargo By LINDA CHEE THE JAPAN-PERSIAN Gulf Rate Agreement (Jappercon) will soon impose a temporary additional risk surcharge on freight bound for the war-torn Gulf. On top of increased hostilities between Iran and Iraq, member lines feel the
      533 words
    • 207 21 Reuter HYUNDAI ENGINEERING and Construction Co Ltd said it was unfairly treated by Thailand in a tender for a port at Laem Chabang. south-east of Bangkok. Hyundai's executive vice-president, Kim Kwang Myung. told reporters that a decision by the Port Authority of Thailand (PAT)
      Reuter  -  207 words
    • 172 21 COLOMBIAN PRESIDENT Virgilio Barco Vargas has proposed building a canal along the northern Atrato River to link the Caribbean Sea with the Pacific Ocean and speed up regional development. Such a canal "would greatly strengthen Colombia's participation in the economic development of the
      172 words
    • PORTSIDES
      • 84 21 ITEL CORPORATION which became the largest container leasing company with the takeover of Flexi-Van is planning to assume control over yet another company. This time round it involves 25,000 rail-cars belonging to Evans Transportation. The proposed purchase costing close to US$3OO million will double
        84 words
      • 126 21 AFP JAPAN'S Maritime Safety Agency emphasised last Friday the need for an early conclusion of cooperative agreements with China and South Korea on marine rescue operations. Close international cooperation was especially necessary in the Sea of Japan and the East China Sea as well as
        AFP  -  126 words
    • 330 22 Fairplay A SUCCESSFUL manoeuvring recorder system is being further developed by Moland Automation of Norway to approach the recording functions incorporated in the "black box" carried by aircrafts. Based on the company's KIM order printer, the first of these extended solutions has been ordered
      Fairplay  -  330 words
    • 994 22 AB Shpg V 5 ABC Container VIII I Accord Shpg VI 3 Ahrenkiel liner XI I Africa Oceon XII 2 Alltrons VII 3 AC Toepfer XI 5 American Tpt XII 4/5 Anro Service IV 2/3 Arrow lines XII 2 Asian Oceon VI 3 Atlas line X 3
      994 words
    • 1477 22 SINGLE voyage activity on the dry cargo market was generally thin in all sectors on Thursday, although several grain cargoes were reported covered from the US Gulf, brokers said A light grain cargo was reported fixed from the Gulf to the Netherlands at a little changed US$9 50,
      1,477 words
    • 383 23 Lloyd's List MITSUI OSK LINES has ordered Japan's first cruise ship purpose-built to compete on the international passenger markets. The 600-berth vessel will be constructed by Mitsubishi Heavy Industries at a reported price of nine billion yen (U5563.5 million) one-third below a likely comparable
      Lloyd's List  -  383 words
    • 765 23 SIX MOTOR VESSELS owned by Compania Peruana de Vapores in Callao have been sold for scrap Two of these, the Inca Pechacutec, 5.019 light tons built 1966. and the Inca Huayna Capac, 5.019 light tons built 1969. were sold at tender to Taiwan for about U*****.49 per ton with
      765 words
    • 8038 28 aaaspoiLß 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
      8,038 words
    • 1956 30 A —B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President
      1,956 words
    • 970 31 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdnt FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location Sentosa 28N 07 09 87 1830 NAPL F07 1000 1030 E2 Chino Cont 41W 07 09 87 1930 Jardme F07 1030-1130 El Anson *****N 07 09
      970 words
    • 518 31 AT CONVENTIONAL WHARVES VmmI Berth Arrival Departure KEPPEL WHARVES AIS Strength K18 alongside *****700 Boron Stor K34 alongside 07 09 1800 Bongo Motowor K20 alongside 08 08 1830 Donyong K35 alongside 09 08 2300 Frances B K27 alongside 07 09 1700 Govora K2I olongside 1108/1500 Kashima K28
      518 words
    • 240 32 Lloyd s List THE US Federal Maritime Commission, the judicial body which ensures that shipping companies and shippers comply with US shipping and competition laws, is to tighten its controls over service contracts between conferences and shippers. The agency said the new regulations
      Lloyd s List  -  240 words
    • 148 32 Reuter JAPAN'S shipping industry will continue its ban on sailings in the Gulf while awaiting further developments. according to industry sources The Japanese Foreign Ministry summoned the ambassadors of Iran and Iraq last Friday and told them to urge their countries
      Reuter  -  148 words
  • Page 21 Advertisements
    • 762 21 How S.K. Asia upset the logical West HILARIOUS TRAGIC DANGEROUS iVi l J Vi i ,s. T4 >' Available at all Good Bookshops STP Distributors 2 Ju*ong tort Road OOCL Oveiqeas 6-Uaitm Line \WU/ JfStHNE SNIPfINC AGENCIES (Ref. No. Mm OOK 200 CMtoMiwnt tad #12-05 Southpomt. Support 0201 Td *****11
      762 words
    • 101 21 mm A SUCCESSFUL manoeuvring recorder system is being further developed by Molond Automation of Norway to approach the recording functions incorporated in the "black box" carried by aircrafts. Page II MITSUI OSK LINES has ordered Japan's first cruise ship purpose-built to compete on the international passenger markets. The 600-berth vessel
      101 words
    • 495 21 AvxlaO l XXI Good Bee*shep« Published by Cwnbrtdgi UnhwrsMy Press. UK STP Distributors MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DAYS To Europ«» UK Srandmavia Finland This week Luna M Closing Time CY 2300 MRS CFS 9/9 1300 MRS BRV 28/9 29/9 5/10 6/10 LUNA M ARTHUR M ANNA
      495 words

  • Page 22 Advertisements
    • 579 22 NOTICES ANNOUNCEMENT "Main Group" is pleased to announce that effective with "Iris Ace" Voy 363 on September 22, 1987 at the port of Tokyo, Pan Asia Line will become a member of the group that will continue to provide all clients with jointly strengthened "Weekly Fixed Day" services in the
      579 words
    • 147 22 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association. FOR SALE /CHARTER A FULLY REFRIGERATED AND MECHANICALLY VENTILATED CARGO VESSEL IS IMMEDIATELY AVAILABLE IN SINGAPORE FOR SALE OR CHARTER. VESSEL'S CARGO HOLD CAPACITY IS 760 CBM AND DWT IS 770MT. SHE IS
      147 words
    • 562 22 APPONTMENT Tt CHARTERING A major local shipping company is seeking a Senior Shipping Executive. Min 45 yrs of age with 20 yrs experience to handle charter hires, laytimes, disputes, claims and related matters. Experienced candidates please reply for this immediately available position. Attractive remuneration and benefits offered. Shipping Timet Box
      562 words

  • Page 23 Advertisements
    • 845 23 The Straits Steamship Group ■jZr\ Mansfield Container Shipping Re Ltd DfijApr P&O r«W>L Containers Limited STRAITS SHIPPING Singapore to Sateh, Sarawak, Brunei Ports and Bangkok CONTAMERSHP SERVICE TO UK/CONTMENT: FRANKFURT EXPRESS OSAKA BAT KITANO MARU LARCS BAT HONG KONG EXPRESS CARDIGAN (AT KNAVON TOCAGA lAT TOUIO EXPRESS Also Accepting Cargo
      845 words
    • 716 23 I How NYK's leadership I keeps you ahead. Nobody has the extensive experiences and vast resources of NYK. That's why whatever your shipping consignments, be it delicate cheeses or massive plant machinery, NYK has an impressive fleet of vessels to perfectly meet your needs. NYK's resources and experience mean superior
      716 words

  • Page 24 Advertisements
    • 272 24 c Hapag-Lioyd CQNTAINERSHIP SERVICE TO UK/CONTINENT Rhint Maru Frankfurt Eiprtu Osaka Bay Kitano Maru Largs Bay Hongkong Eiprtu Cardigan Bay Btnavon Tolaga Bay Tokio Eiprtu ALSO ACCEPTING CARGO TO ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MALMO, HELSINKI. OSLO. AMSTERDAM CARIBBEAN 6 S AMERICA CONV SEMI-CONTAINER SERVICE TO
      272 words
    • 673 24 JlG.Sline tt*ft SMirrmt FULLY CONTAINERISED SERVICE 'TO EUROPE VIA SUCZ 1 Mfmb ot thf ct Co""*' 1"" CHINA CONTAINER 41W '19 NEPTUNE CRYSTAL 41W 16" HONGKONG CONTAINER 51* 20<9 TRANSWORLD BRIDGE 39W 2419 SEVEN SEAS BRIDGE 62W 1/10 ALSO CALLING ANTWERP VIA ROTTEROAM PKELANC CTRS VIA FEEDER VESSEL S port
      673 words
    • 414 24 ft INDIA STEAMSHIP EXPRESS FCL/LCL FORTNIGHTLY CONTAINER SERVICE TO MADRAS VIZAG HALDIA CALCUTTA CHITTAGONG CHALNA COLOMBO Agents- SHARIKAT TRANS-ORIENT SON. BHD. SINGAPORE *****10, *****56 PORT KELANG: *****94/5 9 EMBASSY/FRIENDSHIP FREIGHT SERVICES JOINT CONSOLIDATION TEL: *****73/*****32 FAX *****42 TLX: RS *****EFS WEEKLY LCL/FCL CONFERENCE/NON-CONFERENCE SERVICES TO: EUROPE ANTWERP/ HAMBURG/ LE HAVRE/
      414 words
    • 1106 24 a EVERGREEN Full Co'-'.anw s'Vu/r" Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST FAR EAST/RED SEA/MEDITERRANEAN BARCELONA VALENCIA wo w» 11m 12/11 15*10 1(00 am 22/10 mm 31,1# 11/11 12/11 ALSO ACCEPTING CARGO TO: 1) LAS PAUUS TENERIFE. CEUTA. MELILLA LISBON VIA VLC. 2) PIRAEUS VIA LMASSOt
      1,106 words

  • Page 25 Advertisements
    • 1145 25 vr PACIFIC INTERNATIONAL LINES »V\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA HAWK RATANA BHUM SEA DRAGON SEA DRAGON VESSEL VOY SIN SBY SMG SIN BLW PEN SEA FORTUNE 1733 SM SM SM M 9/9 10/9 INTEGRA 1705
      1,145 words
    • 559 25 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Frankfurt Ciprets Ovikj by Kitane Maru Larp Bay Hoflffconf Eipreii Cardigan Bay Bena*on Toiagj lay Tokie Eiprtu Kowtoon by Frankfurt Eiprtu EXPRESS CONTAINER SERVICE FRO* UK/CONTINENT Cardigan by Sailed Sa.ied ja.ied 7/9 9/9 Benawn 10/9 U/9 wt un un Telaga by 15/9
      559 words
    • 607 25 DJASAGETRI A Joint Europe Service Of: P.T. MAKAITA LLOYD P.T. GESUII LLOYD P.T. SANUDEM INDONESIA P.T. TDIKONA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY PALEMBANG/7WB GANOA GAMA 19W6 MATARAM/19W? S. PANJANG/17WB ANTWERP BILBAO BREMEN A OAM/R DAMN BURG 24/10 2810 31/10 11/11 ISfll 23/11 2/11 (/ll 11/11 5/12—0/12
      607 words
    • 382 25 BOUSTEAD SHIPPING AGENCIES SITTWAY V3IW HTONEYWA V227W PA-AN VIISW PAGAN Vlimr ts BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Spore 1/10 Sept 15/17 Sept 26/21 Sept niO Sept P.Kelang Penang Bangkok £3 BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HMBG TOANA PAPUA V6N 11/9
      382 words

  • Page 26 Advertisements
    • 1221 26 MM VK"LinE SHIPPMIG-DflTfl Ss^-:-.v.v.v.\ flTLfirmC COAST (Round-The-World Service) 0. FRIENDSHIP V 4 BROOKLYN BRIDGE V 4 •PK/PNG SPORE Sid 11 Sep 12 Sep 18 Sep NYC HFX 15 Oct 19 Oct 24 Oct 2t Oct •PK/PNG SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK Sid 11 Sep MANHATTAN BRIDGE 5
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    • 610 26 M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* F«dw P KcUnt not* V(tt« S port IMb frm Sfflo Alio AtopC -CHAMMDAS V 27 14 Sap* 29 Stpt I Oct (Oct AM Bra "»A»IOAS" as* 13 Oct a Oct aoet INDIA EXPRESS CONTAINER SERVICE Accepting FCL7FCL Containers Smpport P KeUnj Ptmna
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    • 795 26 GOLDEN LINE GUM GU»N SWUNG (PTE) LID 21. Titt »f S*fl smurom no* m s*»n (>• lks> f« SMS STRAITS/PERSIAN GULF SERVICE: Spore P Ketw|Pw»n| GOLDEN HARVEST Colombo/Karachi/Dubai 21/24 S«p< GOLDEN HAVEN Colorobo/Karachi/Muicat 5/6 Oct CHINA SERVICE A VESSEL HjinkantShanghai 12/1* s** CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC
      795 words
    • 454 26 i m ii i:. n7TT7HnrT7W?T7r? 1 UK/EUROPE SERVICE YEEMOSHKIN W 1 1i a' 11 yo PHILI Oni€NT LINCS PT€ LTD HEAD OFFICE 63 ROBINSON ROAD -07 1? AfRO ASIA SINGAPORE 0105 TELEX RS 2B7?0 PHILI FAK *****76 DUBAI DAM MAN KUWAIT DOHA. MUSCAT. BAHRAIN. ABU DHABI SHARJAH JEDOAH. HOOCDAH. AQABA
      454 words

  • Page 27 Advertisements
    • 759 27 Lumpu NEPTUNE ORIENT LINES LTD j'VZ NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Termirul CFS BOWINGS 27K753 *****42 *****72 *****53 7798U9 *****16 ******1 ***** M NEPLINE SDN BHD. 3MW7 ucdi itic cniu Dun xi«m invv"»t»- inr** NEPtINE SDN. BHD. ***** NEPLINE SDN BHD *****33 NEPLINE SDN BHD *****5/6276»/*****1*2?i62 NEPLINE SDN
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    • 236 27 tl TAYO SHIPPING LINES PTE LTD TEL *****25 (3 Llne») TLX RS ***** TAYOIN VESSEL ETA ETD DESTINATION PIYA I 20/9 30/9 KRABI/COLOMBO* SINAR MEGA In Pt 7/9 PEKAN BARU/DUMAI A VESSEL In Pt 7/9 BATAM A VESSEL 10/9 15/9 BANGKOK A VESSEL 10/9 16/9 PORT MORESBY, LAE, TERNATE REGULAR
      236 words
    • 454 27 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN. INCHON Vmml'i Name Car|ofeiy/716N No 9 Donam/706N M Enter pri»e/713N No I Oofijm 707N Gloria 715N No 7 Dorum/707N No 9 Don*m/707N S PORE AGENTS NEPTUNE AGENCIES PTE ITO Tii *****12/*****34 *****10 *****22 (Operjtionj) *****87 ******4 (Termmjl)
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    • 708 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41/2 SINSOV SINGAPORE Telex Numbers RS 213W RS ***** RS ***** M/S HANDLING SYSTEM CO SON BHD No 14 JAn Cunjih, Port Kitont S«ton«y, Mtlmu Td: *****<3/3afi«o/36»207 Tli: MA *****
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    • 18 27 .nil i Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT: SINGAPORE TEL *****11 (15 LINES) BANGKOK TEL *****4-5
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  • Page 28 Advertisements
    • 380 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 225 6868 <30 Lines. FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VEJJDEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE **VIA LARNACA Accepting cargo for Lattakia, Piraeus. Thessaloniki, Izmir, Istanbul. Mersin. limassol. Beirut. Aleiandria, Port Said, Iraqi, Iranian. itogiQSiaimcQaimiQsa FRO*
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    • 343 28 ANNOUNCEMENT NORASIA LINE FOREST PRODUCTS SERVICE Norasia's forest products service has proved uneconomical in recent years. Since 1986 the situation has been further exacerbated by unfavourable currency fluctuations and higher operations costs. Having been in the trade for 10 years, Norasia is unwilling to suspend the service which would be
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  • Page 29 Advertisements
    • 324 29 wli CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE lEZZQI MTHR VSL N. DELFT N. DEJIMA 6 SURIA TO EUROPE FEEDER B BUTANG 271 B BUTANC 373 B BUTANC 375
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    • 337 29 MN CONTAINER LINE 2-SAILINGS PER WEEK TO HONGKONG MACAO TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY 8/9 11/9 ABIDJAN, LOME 18 "S 21-9 CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA DAILY ACCEPTING LCL/FCL TO:ill Ml DIIBAI n HDD ill n.fflJK USTMItt US/HI mm •KHUK TOKTO PORT
      337 words

  • Page 30 Advertisements
    • 1578 30 UNK I INKH SHIIMMN(. |»TK I I I)" .'0 Shenlon #iy (U 0?C Mirini Mou-.e S ixire U.'O/ Hi ,\>SS<V.' (*> I meq 1 TIX RS ;?M1 riINFR FAX J EUROPE SERVICE ■7nr7fiit'l HV ,j FAR EAST SERVICE EE3BEE32IGE2E3I22EBE2HMCEAQH[ 1M 1M uit an an an un on on an an
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  • Page 31 Advertisements
    • 329 31 Hamburg West Germany Tiger Line VESSEL VOY SIN CALCUTTA MADRAS CHITTAGONC LOTTE SCHEEL 24 U SEP 16-20 SEP 23 SEP PRELUDE 2 J SEP 15-17 SEP LOTTE SCHEEL 25 29 SEP 44 OCT 10 OCT PRELUDE 3 23 SEP 21-30 SEP Common Carrier Feeder Sarvica For Main Lino Opantori Only.
      329 words
    • 136 31 PERCH OCEAN UNES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S'PORE Etd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WPPkI Y HAIKOU, ZHANJIANG XINGANG. QINGDAO SA L NGS SHANGHAI t OTHER PORTS (MEMBER OF THE PRESS GROUP) WEEKLY CONSOL SERVICE LCL/FCL U.S.A. (East West Coast Ports) UK/EUROPE Continents (All Ports)
      136 words
    • 189 31 V PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA General Agents NrWh lin« Ptt Ltd 19 Keppei Road Jit Poh BkJg Singapore 0206 Tel *****33 Tlx. ***** a/b pt asia (S) HANLIM SHIPPING CO., LTD. REGULAR LINER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME Korean Sapphire S pore LDG FOR
      189 words
    • 606 31 1 I to VV I W W I Accepting Breakbulk. Ro/Ro. Containers i FCL Containers for Sharjah, Doha and Riyadh REGULAR RQ.RQ SERVICE TO USA7CANADA VESSEL SINGAPORE! P KELANGI BALTIMORE NORFOLK I NFW ORIFANcI unites JEDOAH 01 OCT 23 OCT 10 NOV Also AcceptingFCL Containers for Charleston. Miami. Tampa and
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    • 339 31 Mini MARITIME TRANSPORT MANAGEMENT PTE LTD CONSOLIDATION SERVICE BANGKOK MANILA HBG/ROTT ETA SPORE ETA SPORE ETA SPORE REGULAR E. MALAYSIA SERVICE MEGAH BROOKE NO. 1 ETA/D LOG For: 15/17 Sept Kuching/Miri REGULAR SERVICE ELEFTHERIA II 8/9 Shanghai, Busan CINCHONA 20/9 Bremen, Rdam, Antwerp *LARE 13/9 Bangkok, Manila, HK Cargo Bookings
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  • Page 32 Advertisements
    • 488 32 w FARGO SHIPPING COMPANY (PTE) LTD REGULAR EXPRFSS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/C«nada/Europ«/M«dMerr«nean ETA SINGAPORE JENLINK 3 PIYA BHUM 1 VIRA BHUM 2 BUNGA BUTANG 3 KITI BHUM 1 17/9. 23/9, 29/9 10/9, 17/9. 30/9. 5/10 12/9. 22/9 19/9 10/9. 17/9. 30/9. 5/10
      488 words
    • 538 32 SMN SOCIETE MAURICIENNE DE NAVIGATION LTEE INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE General Agents SEALION SHIPPING(S) PTE LTD TEL *****81 (5 lines) TELEX RS34 354 SEL lON FAX 7750/41 AfaicA Otux Lints Ltd. a VESSEL ETA SPORE TBN 15/9 Loading for APAPA/LAGOS, PORT HARCOURT, LOWE, TEMA, CALABAR AND CONAKRY.
      538 words
    • 417 32 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETA S PORE HA KEELUNG CON-CARRIERS 11,17 10/9 11/9 CON-CARRIERS 12/17 17/9 25/9 CON-CARRIERS 13/17 23/9 29/9 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETA S PORE ETA SYD HA MELB CON-CARRIERS 21/17 11/9 1/10 12/lt CON-CARRIERS 22/17 2/10 22/10 21/10 Alto accepting
      417 words
    • 507 32 ©AMERICAN TRANSPORT LINES, INC. Voy SPORE PHL NY CHL JAX TAMPICO srs™ z: iwi i| m as g RAINBOW 2 31,10 JjJj Jjg TEXAS RAINBOW 6 8/12 9/12 9/1 11/1 12/1 13/1 18/1 ACCEPTING CARGO TO ATLANTA, SAVANNAH. BALTIMORE. MIAMI. TAMPA. OTHER U.S. EAST COAST PORTS ON REQUEST. ALSO ACCEPTING
      507 words
  • Page 32 Miscellaneous
    • 157 32 Regional Weather 9> v 0 03 V I ?v 1 ■1 m c crWind direction with «peed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R. Thunderstorm Temperature °C Shower Weather Wind direction with speed in knot* U Wave height Cloudy Sky Surface
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