The Business Times, 16 November 1987
1987-11-16
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The Business Times
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Title Section11 1987-11-16 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, NOVEMBER 16, 1987 75 CENTS11 words
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483 1987-11-16 1 ALVIN TAY - By ALVIN TAY in Hongkong THE HONGKONG stock exchange wants a separate company to run the central clearing house and a share depository system, said its newly-appointed senior chief executive, Mr Robert Fell. In an exclusive interview with BT last483 words
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186 1987-11-16 1 Reuter THE BELL Group of businessman Robert Holmes a Court is in a sound position with a positive cash flow, company executives were quoted yesterday as saying. Their comments followed speculation in world financial centres that the South-African born lawyer, underReuter - 186 words
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153 1987-11-16 1 MR S Rajaratnam, the 72-year-old Senior Minister in the Prime Minister s Office, disclosed yesterday he did not want to take part in the next general election. The Member of Parliament for Kampong Glam said that as far as he was concerned, he153 words
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228 1987-11-16 1 AFP AMERICA'S industrial partners hope a high-level meeting in Paris today and tomorrow at the Organisation for Economic Cooperation and Development will clarify Washington's stance on the dollar and US budget-deficit cuts, Western diplomats said. President Ronald Reagan predicted onAFP - 228 words
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750 1987-11-16 1 LEE HAN SHIH - Condominiums lost 3.3 pc in year to end-March By LEE HAN SHIH Property Correspondent LATEST official indicators of the property market showed that investors who went into retail and landed properties in early 1986 and cleared out a year750 words
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Article98 1987-11-16 1 Reuter THE WEST GERMAN government, pressed to contribute to world economic growth, has agreed to allow its 1988 budget deficit to rise above target if needed to sustain expansion, government sources said Chancellor Helmut Kohl's centre-right coalition was still resisting foreign calls to boostReuter - 98 words
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482 1987-11-16 1 BOEY KIT YIN - By BOEY KIT YIN FOUR HONGKONG film makers are determined to take two local video tape dealers to court, one of which failed to lift a court injunction last week, for selling allegedly unauthorised copies of their482 words
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Page 1 Advertisements
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Advertisement310 1987-11-16 1 Need a car or truck loan? WWkoong 737-7977 WavkHxij; Mortgage And Kiiuive (S) l id A hoik-<miu.il Mib\idijr\ »«l llongkongH.ink 6 Claymore Hill #0.V41| lav more Pla/a Smwp»»rclN" BIG BROTHER' is watching millions of employees in the United States, as computers, telephones and other electronic devices monitor their work performance.310 words
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Advertisement330 1987-11-16 1 Putting Hongkong's exchanges together again, Page 9 Mr Flxit's third rescue job in seven years. Page 9 When one door cloees, investors look for another, don't they? Page 16 IJMJB AMERICAN COMPANIES are likely to be the major beneficiaries of the weakening dollar, which helps to boost exports. ASIA-PACIFIC, Page330 words
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Advertisement150 1987-11-16 1 Food&HotelAsiaBB Tne 6th Asian International ExhiMon ol Food Drink Holet Restaurant Catering Fflooment *ntti me6th FHA international Salon Cubnawe j 13 -16 April 1988 World Trade Centre Singapore I Ul Call: *****47 for more details today! Shipping Time* comet at a separate taction today. Make ture you get your copy.150 words
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MANAGEMENT
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Article, Illustration1236 1987-11-16 2 PETER MARSH - 'Big Brother' is watching millions of employees in the United States, as computers, telephones and other electronic devices monitor their work performance. In some instances, genetic screening is employed in recruitment. The new practices, PETER MARSH reports, can undermine morale, cause suspicion andFT - 1,236 words
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725 1987-11-16 2 BOEY KIT YIN - By BOEY KIT YIN BUYING A PIECE of property is no small matter. It is a long-term investment move that can tie down valuable cash. This is an important consideration for small- and medium-sized enterprises (SMEs) which are thinking725 words
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224 1987-11-16 2 SINGAPORE AIRLINES" success in using public relations as part of its total communications tool is one of the highlights of a PR conference to be held in Singapore early next year. Mr Mathew Samuel, SlA's director of corporate affairs, will be giving the airline's224 words
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Article529 1987-11-16 2 FT "WE WELCOME applications from men and women, regardless of disability, race or marital status," states the advertisement for a position in a British polytechnic. The polytechnic makes no mention of its attitude towards another group of citizens who face persistent discrimination in the job market;FT - 529 words
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613 1987-11-16 3 SAID ABDULLAH - By SAID ABDULLAH THE CHIEF EXECUTIVE may be the one who makes all the important decisions that make or break a company. But at least one of them thinks he should also be essentially the public affairs man who must project the613 words
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Article, Illustration1136 1987-11-16 3 TERRY DODSWORTH - If you often wonder what the chairman of your company does, or, if you are a chairman, always wondered what you are supposed to do, you are not alone. One British executive search consultancy tried to find some answers. TERRY DODSWORTH reports that itFT - 1,136 words
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Page 2 Advertisements
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Advertisement155 1987-11-16 2 (> The RIVER VIEW-NEW ZEALAND food promotion. Nowon at II Giardino. savour our sumptuous spread of the best of New Zealand fare where you can indulge in such mouthwatering delights like Roast Rack of Lamb, Succulent New Zealand Lobsters, Navarian of Spring Lamb, the freshest Salmon Trouts in a delectable155 words
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Advertisement432 1987-11-16 2 ::v 1 mw/mfmsk vmumawSSk 4th International Exposition Of QC Odes Singapore Date 2-4 Doc 87 Venue Mandarin Singapore, Mandarin Ballroom (Orchard Road) Faa $80 par parson par day (pricc of ticket includes proceedings, breaks and lunch excluding lEQCC dinner) Time 9am spm each day PROGRAMME DETAILS M—■■r mmmi Nidomi QC432 words
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Page 3 Advertisements
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Advertisement67 1987-11-16 3 Ermenegildo Zegna Boutique. #02-21/23 Wtsma Atria. 435 Orchard Road, Singaporeo923. Tel: *****12. Open I Oam toSpm daily Boutique comer at Tangs Superstore Sole Distributor: Diet helm Singapore Pte Ltd (Consumer Division) Men may all be created equal. Upon considering the accessibility of Ermenegildo Zegna, however, it becomes evident why those67 words
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ASIA-PACIFIC
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423 1987-11-16 4 Exporters and multinationals among winners, say analysts Reuter AMERICAN companies should be major beneficiaries of the steadily weakening dollar, which helps to boost exports! raise overseas earnings and cut domestic competition from imports, analysts say. "There are lots and lots of winners," saidReuter - 423 words
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192 1987-11-16 4 UPI SOUTH KOREAN workers took home an average monthly pay of US$4Bl (384.832 won) for the first seven months this year, a Labour Ministry report said on Saturday. The wages represented a 7.5 per cent increase compared with a 7.6 per cent raiseUPI - 192 words
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Article, Illustration329 1987-11-16 4 Reuter CHINA expects exchanges with Taiwan in culture, arts and sports to follow Taipei's decision to allow visits by its people to relatives on the mainland, the People's Daily said yesterday. It quoted Communist Party chief Zhao Ziyang as telling the first plenaryReuter - 329 words
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191 1987-11-16 4 AFP JAPAN'S tightened control on exports to communist nations has lost it the chance to build a power plant in China, press reports said on Saturday. Tokyo has become more strict and slower in approving exports to communist countries since Toshiba Machine Co,AFP - 191 words
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Article480 1987-11-16 4 AP SOUTH KOREA'S television networks are under fire for their coverage of the country's presidential campaign, with opposition leaders accusing them of backing the government and opposition supporters attacking network crews. The opposition contends the government-controlled networks are distorted and unreliable in their reporting onAP - 480 words
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196 1987-11-16 4 AFP CUMULATIVE foreign investment in Hongkong manufacturing rose 26 per cent from a year earlier to HK$l9.5 billion (US$2.5 billion) in 1986, government figures released on Friday showed. The US remained the top investor with cumulative investment amounting to HK$B billion, or 41AFP - 196 words
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Article894 1987-11-16 4 ARRIVALS Operator Swvic* Local From number Tim* su SQ401 0550 CMS SiA SQ41 0610 MAA < C555 0655 MAA MAS MH601 0720 KUL MAS MM681 0730 KUL SIA SQ45 0750 MRU SU SQ411 0750 ROM MAS MH681 0820 KUL SU SO 4 3 0820 DHA su SQ271894 words
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Page 4 Advertisements
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Advertisement114 1987-11-16 4 1 Fw» I t ,mr m §fe>i 4W@ I, >*•- "k I I c~~, i -1 Hjl*/: M' t Daily As you can see, our daily flights to Bangkok are as regular as your three main daily meals. f>s As perfectly timed too! But they are far from routine. Because114 words
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Advertisement54 1987-11-16 4 I m I I I The business person's choice. every I f II I I II ll I Tuesday. Thursday. Saturday and Sunday I M Ml I m\ Leaving Chang. Airport at 22:05 I JL hours and arriving Heathrow early the following Tiornmg. Call your Travel Agent or Air Canada54 words
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REST OF THE WORLD
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345 1987-11-16 5 AP NEWSPAPERS AND TELEVISION on Saturday announced price increases next year of 110 per cent for basic foods and up to 200 per cent for heating and rents, provoking anger and pained resignation in Poland. The rises, revealed on ThursdayAP - 345 words
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97 1987-11-16 5 Reuter GROWTH of Soviet industrial production is down on last year and appears unlikely to meet the annual target set by planners, according to official figures published on Saturday. Figures by the State Committee for Statistics in Ekonomicheskaya Gazeta magazine show industrial output up 3.4Reuter - 97 words
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209 1987-11-16 5 Reuter THE YUGOSLAV government, beset by 135 per cent inflation and huge foreign debts, said yesterday it planned to impose a partial price and incomes freeze. The announcement, only hours after the communist government persuaded Parliament to adopt a controversial antiinflation programme, said theReuter - 209 words
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158 1987-11-16 5 Tongue-in-cheek ad offers Brazil for sale AP READERS of the newspaper Estado de Minas of Belo Horizonte were startled last week to see a classified ad offering the entire country for sale. The tongue-in-cheek ad offered a "ranch with 130 million residents, rich soil and subsoil, abundant water, excellent topographyAP - 158 words
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238 1987-11-16 5 AP THE WALL STREET crash and other economic problems make it essential that the international trading system be strengthened, a US research group said over the weekend. The Atlantic Council, unveiling a new study of the General Agreement on TariffsAP - 238 words
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208 1987-11-16 5 AFP A FORMER federal judge charged last Saturday that employees in Argentina's central bank have apparently been operating a massive counterfeiting scheme that threatens to bring about an economic crash. Frederico Pinto Kramer showed reporters two 100austral bills with identical serial numbers,AFP - 208 words
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97 1987-11-16 5 UPI POPE JOHN PAUL II has called for greater international cooperation to combat hunger in a world that produces more than enough to feed its entire population. "There is an urgent and inescapable need for international solidarity." the Pope said in a speechUPI - 97 words
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178 1987-11-16 5 AFP ALCOHOLISM and alcohol abuse are costing the US up to US$ll7 billion annually in lost productivity and medical bills, according to a report in Saturday's Washington Post. Thomas Burke, chief of staff for Health and Human Services (HHS) Secretary Otis Bowen, told an anti-al-cohol conferenceAFP - 178 words
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Article, Illustration368 1987-11-16 5 UPI PRESIDENT REAGAN said on Saturday he was confident White House and congressional budget negotiators could agree on a two-year US$BO billion deficit-re-duction package this week. It was the first time the President specified a number, indicating that agreement is close on aUPI - 368 words
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327 1987-11-16 5 AP AMERICANS spent freely on all goods except cars in October, the government said last week in a report indicating no immediate blow to consumer confidence from the stock market crash. The Commerce Department said retail sales edged down 0.1 per cent asAP - 327 words
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Page 5 Advertisements
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Advertisement98 1987-11-16 5 JLW Property Investment Services Robinson Centre SOLD Cecil Point ISOLD Now what can Jones Lang Wootton do for you? > mm Finding buyers for commercial buildings, residential properties, development sites, hotels, etc, undertaking valuations feasibility studies on investment opportunities in real estate in Singapore worldwide these are some of the98 words
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Advertisement76 1987-11-16 5 The Szechuan Experience with the Meisan Difference r m u v> ev' ~=v 1 t* v > Savour the finest Szechuan cuisine; aromatic, spicy gourmet creations in an exciting blend of flavours. And discover the exquisite art A %f J! MEISAN At the Meisan. laif/fl SZECHUAN RESTAURANT Distinctively Szechium, Instinctively76 words
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Page 5 Miscellaneous
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Miscellaneous52 1987-11-16 5 vs/'AL. Cloudy Rain Clear Cloudy Cloudy Clear Cloudy Cloudy Fair Clear Rain Rain Clear Cloudy Showers Haze Clear Cloudy Cloudy Moscow Nassau New Delhi New York Nicosia Oslo Paris Perih Rio 'Janeiro Rome Son Fris'co San Juon Santiago Sao Paulo Seoul Stockholm Sydney Taipei Tel Aviv Tokyo Toronto Vancouver Vienna52 words
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Miscellaneous39 1987-11-16 5 LtSTtH, HAPPEN, YOU HAVE TO movehgmh thestxebts going TO HEM rVB&ENHEAPP J THAT SALOMON BROTHERS IS BONG PPOPPSP UP BY THE FED! i hn,it POHTBBJ&Z IT. (OHEPEAPE you picking UPSTFZTCHBPS UKB THAT, PHIL? JcU w i BY GARRY TRUDEAU39 words
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MONEY AND EXCHANGES
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594 1987-11-16 6 Reuter THE BUDGET DEFICIT talks in Washington will be the focus this week of UK government bond market participants waiting for the next move on interest rates, analysts said. If the White House and Congress agree on a substantial deficit reduction package, theReuter - 594 words
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Article432 1987-11-16 6 Gold Financial futures Green Collier PRECIOUS GOLD'S activity last week was restricted by uncertainty over the world's economic outlook, prevailing turbulence in the US dollar and stock markets, and signs of an abating US inflation. At New York's Commodity Exchange Inc, spot gold settled last Friday at U*****.60 an ounce,Green & Collier - 432 words
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184 1987-11-16 6 Reuter BANK of America International Ltd is withdrawing immediately from market-making in floating rate notes (FRNs), managing director Gerald Dougherty said. While the firm, a unit of Bank America Corp, will no longer make two-way prices to other professionals, it will continueReuter - 184 words
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Article201 1987-11-16 6 Asian market ASIAN deposit ended t CURRENCY rotes for 1 Mov 13 averoQs Ihe week US s 7 days 1 nn* 2 month* 3 munitn 6 mon*n 9 mmOit 12 BIO P High 6 13/16 6 7/8 7 3/8 7 3/8 7 3/8 7 5/8 7 3/4 mccs Lew 6201 words
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Article29 1987-11-16 6 The range of call rates for the week ended Saturday, Nov 14 tank fund 2.3 3.25 G«n fund 2 3.2 MovfflWtl of funds M$1756n> Source: Short Deposits29 words
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Article1618 1987-11-16 6 Union Bank of Switzerland AFP ZURICH: LAST WEEK finally provided the foreign exchange market with the US dollar recovery that had been anticipated for some time. At the beginning of the week, however, a cloud of gloom hung over the market due to disappointing results emanating from theUnion Bank of Switzerland; AFP - 1,618 words
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Article, Illustration495 1987-11-16 6 Indicates the average of the prime lending rate* of 12 major banks in S'pore PLR of bonks at the dose of business on Friday, Nov 13, as supplied by The Association of Banks in Singapore. BANK PLR Algemene Bank 6\ Allied Irish Bank PLC 6% Americon Express495 words
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Article128 1987-11-16 6 Citicorp Investment Bank GOVERNMENT securities started last week firmly on expectations of lower interest rates. The new $350 million five-year issue was auctioned off at an average yield of 5.03 per cent with the cut-off yield at 5.06 per cent. Trading for the new issue started firmlyCiticorp Investment Bank - 128 words
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Page 6 Advertisements
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Advertisement203 1987-11-16 6 tf(we aaa fveaAd tfie turnouts about BuaaStteet. a* riH r v i ■111 ylili irr I L-'I of- Wf rW -w rah*. arenas Proposed Bugis Street n fl A '-r• Proposals are now invited for the management of the resited Bugis Street. Bugis Street, the world famous tourist and local203 words
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Advertisement40 1987-11-16 6 Orient Car Leasing Reliable long-term car rental for the business executive on the go. Call our HOTLINE now: 469 1455 ORIENT CAR LEASING PTE LTD 913, Bukit Timah Road, Singapore 2158 We take good care of our cars for you!40 words
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BANKING AND FINANCE
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Article, Illustration367 1987-11-16 7 Reuter US FEDERAL RESERVE Board vice-chairman Manuel Johnson voiced support for the repeal of the Glass-Steagall Act barring banks from securities underwriting, but he said safeguards would be needed to prevent the abuse of any expanded powers. He told an accountants' conferenceReuter - 367 words
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716 1987-11-16 7 Reuter LATEST BANKING DATA suggest that the US Federal Reserve is maintaining a flexible policy, tailoring its responses to the needs of the financial markets and the economy, economists said. And the Fed's most recent open market activities indicate that the central bankReuter - 716 words
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Article, Illustration374 1987-11-16 7 NYT EFFORTS TO COMBINE New York's two biggest futures exchanges had moved one step closer to fruition, officials at the New York Mercantile Exchange and the Commodity Exchange Inc said on Friday. The exchanges said that, in separate meetings onNYT - 374 words
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588 1987-11-16 7 Reuter THE CANADIAN DOLLAR has been buffetted by the turmoil in international markets recently, but analysts are increasingly optimistic about the currency's outlook. Analysts believe Canada's tentative free trade accord forged with the US, as well as the country's healthy economy, will lead toReuter - 588 words
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381 1987-11-16 7 AP CHINA'S central bank in the past month had tightened the money supply and the availability of credit in order to slow the pace of investment and bring down a worrisome inflation rate, an official daily said last Friday. ZhouAP - 381 words
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282 1987-11-16 7 Reuter TAIWAN'S foreign exchange reserves, among the world's highest, are expected to boost the value of the local currency and cause inflation. Taiwan's Economic Ministry said reserves were expected to increase by about US$27 billion this year to a record US$73 billion by year-endReuter - 282 words
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Article, Illustration152 1987-11-16 7 Reuter PRESIDENT Corazon Aquino said only two of the Philippines' 483 commercial creditor banks had not signed a US$l3.2 billion debt restructuring package concluded in July. "We have finalised the government position on the rescheduling agreement for submission to our creditors. OnlyReuter - 152 words
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Page 7 Advertisements
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Advertisement165 1987-11-16 7 Roland is the name of a very versatile plotter Roland has many competitors, but very few can rival Roland's versatility: from accurate, vivid renditions of CAD-produced plans, to straight-forward, eye-catching, impressive and authoritative business graphics. Roland operates on programmes written for the HP plotter as AutoCad, Lotus 1 -2-3, Framework165 words
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Advertisement125 1987-11-16 7 Bag off tricks. Hidden pocket for personal items. Locking hanger fixtures lock any hanger in place. Crisscross packing, bar holds clothing in place on hanger. Zppered side pocket holds personal identification. Two retainer straps hold longer garments in place. Hidden pocket to hold tes and other small items. AVAILABLE AT125 words
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COMMODITIES
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392 1987-11-16 8 Bernama ES MALAYSIA needs to outline and implement more aggressive marketing measures to face the challenges confronting palm oil at the end of this decade and in the *****. a Without these measures, there would be no guarantee over the country's markets althoughBernama ES - 392 words
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Article235 1987-11-16 8 AFP JAPAN will offer to lift import quotas on 11 farm products as a conciliatory measure to break the deadlock on agricultural trade negotiations with the US. The offer will be made in Washington next week in a bid to end US complaints that JapanAFP - 235 words
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Article369 1987-11-16 8 THE PRICE of tin on the Kuala Lumpur Tin Market (KLTM) rose 14' cents over last week to close at M 517.45 per kg in moderately active trading. :> Buyers generally turned cautious throughout the week at higher levels, with the weakness of sterling against ringgit369 words
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977 1987-11-16 8 AFP THE IMPROVEMENT of the stock and currency markets relieved pressure on commodities last week. Sterling-based markets were strengthened by the retreat of sterling against the US dollar, the latter having gained from hopes of rapid progress in talks for the reduction ofAFP - 977 words
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Article231 1987-11-16 8 WHEAT FUTURES on the Chicago Board of Trade closed on or near session lows last Friday with prices off 4% to three US cents per bushel. December settled 4tt cents lower at USS2.BSH. Traders said prices fell amid late commission houses and professional selling on ideas the CCC might231 words
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Article147 1987-11-16 8 Chinos# Product Exchange Se«*rs' noon daring pricM on No* 14 (SS/100 kg) Coconut oil M rot 93JOO Otd drum FOi 103.00 Nw drum FOi 107.00 Copra Mi>«d (too**) 53 P«pp«r wfelto KM HLW Tin lA w 1307JO JO'UWW WW FOt <oq NtW 12*2.50 JOfOWC* V*CXJ' btodt KX NLW147 words
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Article231 1987-11-16 8 SOYBEAN FUTURES on the Chicago Board of Trade closed last Friday with trimmed gains of nine to 5% US cents a bushel on late professional and commercial selling. January settled 814 cents higher at US$5 6934 Late selling by Refco. which had earlier bought about eight million bushels of231 words
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Article328 1987-11-16 8 London Commodity Exchange ftuyOf/SoHof do* ing pricot on No* 1 3 tono. union spocffiod). Previous doting I poromhosh. >ricos In CoffM So*i» ln-«oro London, toNort option OF London Nov 1240/1245 High/low (1257/1260) 1250/1243 Jon 1276/1277 (1292/1293) High/Low 1283/1273 Soto* (2135) Cocoa Doc 1097/1100 High/Low (1122/1124) 1116/1097 Mar 1130/1131328 words
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Article313 1987-11-16 8 MALAYSIAN crude palm oil futures closed firmer last week with spot month December closing at MSBI2 per tonne, up Msl3 compared with the previous Trading throughout the week was active with turnover more than doubling to 4.834 lots from 2.036 lots previously. The market opened higher at MsBo4313 words
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Page 8 Advertisements
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Advertisement43 1987-11-16 8 Melwani, exclusively male. AL O pen at tria *02-55 56 58 Wisma Atria 1 *02-14/15. Shaw Centre; Tel: *****42 *01-26/27, Specialists" Centre Tel: *****54 *02-23. Plaza Singapura. Tel: *****29 2nd level. Metro Grand Scotts. Tel: *****63 Ist level. Metro Marina Square Tel: *****7543 words
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Advertisement104 1987-11-16 8 If ycm wish to build and maintain a healthy, flourishing economy, learn to work with the cosmic energies. Farther information* UNIVERSAL LIFE, Code H 1 P.O. Box 56 43, 8700 Wurzburg. West-Germany You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And104 words
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FOCUS
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Article, Illustration1983 1987-11-16 9 ALVIN TAY - The recent suspension of trading on the Hongkong stock and futures exchanges has led to controversy. BT dispatched Banking Correspondent ALVIN TAY to Hongkong to take a first-hand look at the situation. During his visit, he talked exclusively to the new senior chief executive of1,983 words
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778 1987-11-16 9 WHEN MR ROBERT FELL hits the headlines on the front pages of major Hongkong newspapers, it is more often than not a bad omen for the British colony. For it usually means that something has gone terribly wrong with the colony's financial778 words
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Page 9 Advertisements
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Advertisement33 1987-11-16 9 Georges' speedy lunch in 59 minutes at only $19.50+ (we'll even time ourselves) Or the clock is yours! Reservations: 73.***** Ext 8.365 La Brasserie Georges. In Le Meridien. 100 Orchard Road Singapore 0923.33 words
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Advertisement86 1987-11-16 9 mfm. Ph ml/La td Cta*i When you fly Finnair, you enjoy seat selection, free membership to the exclusive Finnair Club, as much privacy as you want, as much attention as you want, a luxurious seat with 147 cm of legroom, an extravagantly spacious working area, the exquisite award-winning Chcune des86 words
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PERSPECTIVE
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Article, Illustration935 1987-11-16 10 JOHN RICE - The recent Arab League summit reveals the increasing concern with which the Arab world views the Gulf war. As a result, the Palestinian problem has been pushed to the back seat. JOHN RICE reports. JOHN RICE AP AFTER YEARS of intense focusAP - 935 words
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802 1987-11-16 10 AP BHARAT BHATT's job takes him across raging rivers and on lengthy hikes into remote, backward districts of India to meet villagers tucked away from the pace of modern life. Mr Bhatt is not a missionary or a sociologist studying rural ways. HeAP - 802 words
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Page 10 Advertisements
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Advertisement139 1987-11-16 10 JAFAN canbeaffordabte. NTA HOTEL FASS With the NTA Hotel Pass you can get a room in Japan for an unbeatable SsBs/per night. Accepted at 86 member hotels in 50 cities throughout Japan, it is an economical alternative for business and pleasure travellers. JAFAN RAIL FASS This pass allows unlimited travel139 words
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Page 10 Miscellaneous
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Miscellaneous384 1987-11-16 10 CRYPTIC PUZZLE ACROSS 1 Mix It a RtHe (5) 6 Such grass should be suitable to lie on (5) Many a fellow getting out of bad is confused (5. 2) 10 Ha has his rights (5) 11 Some tutors join us for Vie ballet (5) 12 They may spill from384 words
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Miscellaneous285 1987-11-16 10 2 Deciduous tree (6) 3 Hurled abuse (6) 4 Relatives (3) 5 Prickly (5) 6 Performer (7) 7 Type of gun (4) 8 West country city (6) 12 Glides high (5) 13 French capital (5) 14 Presents (5) 15 Sign of the Zodiac (5) 16 Pack-animals (5) 18 Salesman's patter285 words
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Miscellaneous1239 1987-11-16 10 to (md mm la 12 HOROWITZ IN MOSCOW 9.55pm, Channel 12 7.00 PM SBC Text Sample Pogti 7.30 Opening and Programme J U w a.. i nigrvjynn roiiowta oy LWOTHy L U LJ^ joytrj mpivnvi nyrf nts Carcase (Pt 3). 8.30 Adom Smith's Money World Competitiveness (Pt 1). This week,1,239 words
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THE ARTS
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558 1987-11-16 11 SHAUN KOH - By SHAUN KOH HE GRADUATED from the Paris Conservatoire at twelve carrying off the first prize, emulating the record held by Fritz Kreisler. That is an accurate measure of the abilities of French violinist, Pierre Amoyal, 38, who is expected to thrill Singaporeans next558 words
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Article, Illustration471 1987-11-16 11 Vanessa Lee - By Vanessa Lee GOH BENG KWAN's collages are abstract landscapes. The observer might think otherwise upon seeing the piece Trengganu, which has elements like coconut trees, kampung huts and fishing boats. These combine to form a typical rural landscape. "It's my own emotional interpretation of a landscape. It's471 words
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Article, Illustration415 1987-11-16 11 VANESSA LEE - By VANESSA LEE LOW PUAY HUA is very much at home with water colours, being one of the artists contributing to thosa now familiar Singapore River scenes. Recently, he transferred his skills and himself to his native Chaozhou, China. The outcome can be seen415 words
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Page 11 Advertisements
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Advertisement138 1987-11-16 11 ALL OF THE GRAIN, ALL OF THE GOODNESS New sunshine wholewheat bread is BREAD THE WAY IT USED TO BE FULL OF HEALTHY WHOLEMEAL TASTINESS. IT HAS A HIGH FIBRE CONTENT AND CONTAINS VITAMINS 81. 82. B COMPLEX AND IRON. SO rr HELPS TO MAINTAIN A STABLE METABOLISM AND GOOD.138 words
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Page 11 Miscellaneous
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Miscellaneous32 1987-11-16 11 JOHeS -WHftT'S TH*T MOISe?" \T SOUNDS LIKC HUNDR€DS OT voices IN SONG... I IT\S CLOSCR VT a fc 7?!£JS£52. f3 'N TM£ mo»Jtw... Tt-te s£p>son svpPts) vrow>c»nr J!K. r ©Ever-jog Standard Co.Ltd.1962-190732 words
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SPORTS & LEISURE
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Article, Illustration729 1987-11-16 12 AP INTEREST in the World Chess Championship between defender Garry Kasparov and challenger Anatoly Karpov has picked up since Kasparov took the lead at the midway mark of the 24-game series, being played in Seville, Spain. As the two Soviet players began their 13thAP - 729 words
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Article, Illustration277 1987-11-16 13 Reuter FERRARI ended the Formula One season in style yesterday when Austria's Gerhard Berger drove to a crushing victory at the Australian Grand Prix in Adelaide. Berger's triumph, after his Nov 1 win in the Japanese Grand Prix, was Ferrari sReuter - 277 words
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284 1987-11-16 13 ITALY'S Remo Fornasari became the oldest man to win the bowling World Cup when he defeated Wu Shin-Bin of Taiwan in the title game. 225 to 172, in Kuala Lumpur yesterday. The 51-year-old Bologna right-hander opened with a double, converted two spares and284 words
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Article, Illustration453 1987-11-16 13 Reuter NEW ZEALAND Prime Minister David Lange plunged into the mayhem of a celebrity motor race on Sunday and undiplomatically bashed into the rear of Miss Australia's car. "She took that very, very gallantly," declared the 46-year-old premier, one of the stars ofReuter - 453 words
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Article, Illustration376 1987-11-16 13 Reuter SIXTEEN-YEAR-OLD Natalia Zvereva of the Soviet Union defeated American Barbara Potter 6-4 2-6 6-4 on Saturday and advanced to a final showdown with Martina Navratilova at the US$l5O,OOO Chicago Tennis Tournament. Top-seeded Navratilova scored a 7-5 7-5 win over third-seeded Helena Sukova of Czechoslovakia.Reuter - 376 words
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182 1987-11-16 13 AP IT WAS ONLY a four-round exhibition, but heavyweight champion Mike Tyson knew he had been in a fight last Friday night after tangling with James "Quick" Tillis. While Tyson played around in the first round with weak jabs and flimsyAP - 182 words
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Article, Illustration235 1987-11-16 13 AP PATRICK EWING's baseline jumper bounced on the rim four times and fell through the basket with 21 seconds left, giving the New York Knicks their first NBA victory, 93-89 over the Milwaukee Bucks. Ewing had 27 points to lead the Knicks to their firstAP - 235 words
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405 1987-11-16 13 AFP IVAN LENDL, the world number one, who has never been beaten on the indoor court at Wembley, is not expecting his record to go in what could be his swan song at the famous arena yesterday. Lend I was to play SwedenAFP - 405 words
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Page 12 Advertisements
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Advertisement758 1987-11-16 12 wtm, iim watd SGtfOOD-THGfTO o*none€-TH« ksmumut 2 m 2 Beach Road Singapore 0719 ENJOY THE LUXURIES AT HAWKERS' PRICES \n fkri W HOTEL GRAND CENTRAL L 22. Orchard Ruad/ Cavenagh Road. Singaf*>re 0922. ~\TeL *****+4 Cafcde Prince Bringing you 60 of our chefs' favourites. All in one buffet. Help yourself758 words
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Advertisement215 1987-11-16 12 sk* r :v }~T. -v?. S<3indiriavia at The Belvedere The Belvedere's Scandinavian buffet luncheon. An incredible selection of more than 60 authentic favourites from Denmark, Sweden and Norway. November 5 to 30. 12.00 to 2.30 pm daily. Adult: $31 +/Child: $15+ The matugnncnt rvscrva the rjtfht to cfutiftc the programme.215 words
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Page 13 Advertisements
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Advertisement274 1987-11-16 13 Hi s ir.P. übertu* d)rill IS a m ■v. m So much to choose for only $18.50. A sumptuous spread with many different types of appetisers, hot and cold soups, a salaa selection ...superb pastries, truttles, fortes, cheese board, fresh fruit...freshly brewed coffee All for $18 50 And for $26274 words
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Advertisement139 1987-11-16 13 I Kodak Adapted from Enc Oiappefi s The Banana Box Hyatt RegencvoSnga.^c« Crystal Ballroom Novcfflbtr 17,18, IB Reservations *****88 Box office Hyatt Regency Singapore lobby 10.00 am 7.00 pm Pi»r» »p»i> T.lSpn BlwwMOpm Whmm U8 pm Parformanc* Motors Umrtad CmCORPO INSURANCE BROKERS ffl Commrrvi.il U»«> tnfWT RkheAt*ide t nt skypak139 words
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MARKET REPORTS
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Article, Illustration5218 1987-11-16 14 LISA LEE - Singapore By LISA LEE THE PRECARIOUS balancing act that the local stockmarket want through in the part fortnight ia likely to continue this week. The market showed signs of stabilising after it bounced up from the 780-level on the Straits Times Industrial Index last Wednesday,5,218 words
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Article495 1987-11-16 14 K.Lumpur MBT THE DOWNSWING on the Kuala Lumpur stock market was arrested last week as share prices staged a rebound on Thursday. The New Straits Times Industrial Index managed to slash its losses to 32.16 points for the week after gaining 41.9 pointsMBT - 495 words
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183 1987-11-16 14 Australia AFP THE AUSTRALIAN share market posted its first weekly gain in a month, with the All Ordinaries Index gaining 38.0 points to 1,275.4. Mixed signals from abroad saw the market swing wildly over the week but it ended on a highAFP - 183 words
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Article619 1987-11-16 14 JULIANA TAY - Week ended Nov 13 compiled by JULIANA TAY SCRIP ISSUES Sea View: Bonus issue of one-for-ten Von der Horst: Proposed one-for-four bonus warrants based on the enlarged share capital of the company of 57 42m shares. This is in addition to an approved three-for-two warrants619 words
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908 1987-11-16 15 RAY HEATH - London From RAY HEATH in London SIGNS OF vigorous corporate life returned to London last week bringing hope that the big share slide would be halted by deal-makers seizing their chance to grab some bargains. Takeover bids, dawn raids and908 words
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Article, Illustration1168 1987-11-16 15 Hongkong Hang Seng Index picks up 113 points DBS Securities HK THE HONGKONG stock market opened the week on an easy note as sentiment in overseas markets remained bearish while HK operators were still worried about the Cheung Kong group's HK$lODBS Securities HK - 1,168 words
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759 1987-11-16 15 New York AP UPI LESS THAN A MONTH after the worst stock market decline in modern times, many Wall Streeters are putting on remarkably optimistic faces. There is much talk these days that a recession in the US can be avoided, despite the severityAP; UPI - 759 words
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Article166 1987-11-16 15 NMB Bank Securities AMSTERDAM stocks posted a substantial rally in the second half of last week, following the lead by Wall Street and the major European bourses. In the first two days of the week, the ANP/CBS General Index lost another 20 points, but this wasNMB Bank Securities - 166 words
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499 1987-11-16 15 SHIRISH NADKARNI - From SHIRISH NADKARNI in Bombay SECLUDED and cocooned against the storm currently sweeping international capitai markets, the stock market in India has been much less severely hit by the crash of 1987'. Yet, even local sentiment has eventually to reflect the uncertainty499 words
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277 1987-11-16 15 UBS IN LINE with the dollar's slide to SFR 1.35, share prices in Zurich lost further ground last week. The dollar's mid-week recovery helped the market to rally but on low volumes. Interest rates weakened further last week. The latest federal calls onUBS - 277 words
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545 1987-11-16 15 Tokyo AFP SHARE PRICES on the Tokyo Stock Exchange fell last week in extremely thin and volatile trading, reflecting uncertainty over foreign exchange rates. The key 225-issue Nikkei Stock Average, a 29 98-yen winner the previous week, shed 346.77 yen last week toAFP - 545 words
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171 1987-11-16 15 AFP THE DARK CLOUDS hovering over the Frankfurt stock market since the start of the financial crisis last month lightened a bit last week, as the Commerzbank Index's loss was limited to 28 points (2 per cent) from the previous Friday. The indexAFP - 171 words
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Page 15 Advertisements
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Advertisement184 1987-11-16 15 WELCOME to the E&O Pcnang's Malaysia's World Famous and Historical Hotel isiiPii OiSEII|Ii|FL !sa?irmr longest scafront East of Sue/ home of SOMERSET MAUGHA discriminating visitors 99 FOR MALAYSIA SINGAPORE RESIDENTS ONLY :&< All I nquiries Tel: 04-*****2 or 03-*****75 THE EASTERN h ORIENTAL HOTEL 10 Farquhar Strrr* mrOfl Prnang Malaysia184 words
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COMPANY NEWS
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454 1987-11-16 16 MBT AMALGAMATED Steel Mills Bhd and Peat Marwick Mitchell Co have proposed a revision in the price of the ASM shares which will be issued for the takeover of Emporium Holdings in Malaysia. This is in view of the stock market crash,MBT - 454 words
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Article161 1987-11-16 16 Bernama ES TALAM CORPORATION Bhd has trimmed its group pre-tax loss to M 51.03 million for the half year ended July 31, 1987, from Msl.4 million previously. Turnover slipped to M 5812,787 from M 5853.000, it said in a statement on Saturday. Company pre-tax lossBernama ES - 161 words
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Article, Illustration479 1987-11-16 16 THE MALAYAN Banking group, whose latest results show a 105 per cent jump in pre-tax profit, is expected to show further improvement in its current financial year, chairman Tan Sri Hashim Aman said in the annual report released yesterday. Monetary conditions for the remaining479 words
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Article, Illustration242 1987-11-16 16 THE MALAYSIAN Airline System (MAS) will benefit from the weaker US dollar as the bulk of its loans are denominated in that currency, according to its managing director, Datuk Haji Abdul Aziz Abdul Rahman. "If the dollar goes down, it will be242 words
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Article124 1987-11-16 16 OCBC rights issue dates OVERSEA-Chinese Banking Corporation Ltd's one-for-10 rights issue's last date (or splitting is Nov 24 at 4pm. The last date for acceptance, renunciation and payment will be Dec 15 at 4pm. This will also be the deadline for the application of excess shares and payment.124 words
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Article43 1987-11-16 16 Company RIGHTS ISSUE Company BONUS ISSUE S«a View One-for-ten E» date Nov 17 Books dot* Nov 27 Straits Troding One-for-ten Ex-dot*: Nov II Books close Nov 25 Company OTHERS First Capitol Shore swap of two FCC shores tor one UIC shore43 words
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Article438 1987-11-16 16 Company RIGHTS ISSUE Ayer Hitom Tin Three-for-one 250 per shore C 1 Holdings 27 mHlion loon stocks in the ratio of $3 loon stock tor every five ordinory shores Held Duff Bhd One tor one *1 00 per shore Duta Cons One for one $1 10 per shore438 words
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Article, Illustration601 1987-11-16 16 mm™ HOCK LOCK SIEW THE HONGKONG and Shanghai Bank, in a recently published report, said the closure of the Hongkong stockmarket during last month's worldwide stockmarket crash damaged the reputation of the colony as a financial centre. The bank reportHOCK LOCK SIEW - 601 words
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Article, Illustration514 1987-11-16 16 No reason for KLSE to follow world markets' downtrend Nik Din THERE IS NO real reason why the Malaysian stock market should continue to follow the downtrend other world markets are now facing, Kuala Lumpur Stock Exchange (KLSE) chair* man Nik Mohamed Din bin Datuk Nik Yusoff said. "Once the514 words
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Article757 1987-11-16 16 ii Ex dele Books dm Date payable Total tor the year Total tor laat year A 1 S ft Austral Amal Ayr Hitam Rub Ayer Hitam Tin ft M T Berjaya Corpn Boost eod C K Tang C Properties Cerebos Oman Hup Cold Storage F Merlin CULS FAI757 words
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Page 16 Advertisements
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Advertisement517 1987-11-16 16 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. 50 SANS ARC PRIVATE LIMITED (In Members' Voluntary Liquidation) Special Resolutions At an Extraordinary General Meeting of the members of Sans Arc Private Limited duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore 0617 on 12th November517 words
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Advertisement298 1987-11-16 16 IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR (COMMERCIAL DIVISION) ORIGINATING PETITION CODE NO: D 3 33 -14 87 In the Matter of UMW CORPORATION BERHAD And In the Matter of UMW HOLDINGS BERHAD And In the Matter of the Companies Act, 1965 SCHEME OF ARRANGEMENT (Under Section 176298 words
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WORLD MARKETS
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Article995 1987-11-16 17 New York Reuter WALL STREET stocks finished lower last Friday, surrendering some of Thursday's big gains as cautious investors. rattled by reports of snags in the Federal budget-cutting talks in Washington, took profits. The Dow Jones Industrial Average, which surged 61 points on Thursday, fell 25.20Reuter - 995 words
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Article945 1987-11-16 17 London Reuter LONDON SHARES closed higher on Friday, but only after a volatile week which saw prices move violently and nervously in both directions. Equities slumped at the beginning of the week with investors still shy of putting money into shares. But by mid-weekReuter - 945 words
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Article843 1987-11-16 17 Amsterdam NOV 13 FU ABN Aagon Ahold Akzo Alranta AMEV Amro Bank Am Stad Barfcal BOLS 40 TO 5770 72 90 93 00 146 90 ...42 90 92 70 94.70 109 00 •1.2 -1.3 -22 -4 unch -19 -01 •03 •4 Boraumi) 8100 Buahrman Tattaroda 39 30 Calve El»«vt«f 41.10843 words
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Article, Illustration528 1987-11-16 17 Report on British Caledonian takeover badly received FT INDEPENDENT UK airlines are preparing to mount a legal challenge to last week's Monopolies and Mergers Commission report which cleared British Airways to launch a new bid for the British Caledonian (BCal) group. BCal meanwhileFT - 528 words
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483 1987-11-16 17 AFP SEVERAL international institutions. particularly from Japan, have pulled out of their decision to make a large investment in the planned tunnel under the English Channel, informed sources said in Paris last Friday. The reports came on the sameAFP - 483 words
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252 1987-11-16 17 AFP JAPANESE companies listed on the Tokyo Stock Exchange boosted their earnings in the April-Sep-tember period as a result of low interest rates and cost-savings prompted by the stronger yen. The Wako Economic Research Institute said last Friday that 303 out of the 1,100AFP - 252 words
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259 1987-11-16 17 AFP STREAMLINING efforts and a boost in public works projects are paying off for five major Japanese steelmakers. Nippon Steel Corp, Nippon Kokan K K, Kawasaki Steel Corp, Sumitomo Metal Industries Ltd and Kobe Steel Ltd were able to reduce their losses in the currentAFP - 259 words
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Article231 1987-11-16 17 Reuter SPORTS CAR manufacturer Porsche will cut output and working hours because of problems caused by the stock market crash in the United States, its most important outlet. Dr Ing H C F Porsche Ag Porsche sells over 60 per cent of its cars toReuter - 231 words
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157 1987-11-16 17 AFP TRANSCANADA PipeLines last Friday made a CsBos million (approximately US$2OO million) bid for the shares it does not yet control in Encor Energy, formerly known as Dome Canada, sources said in Toronto. The new bid comes just seven months after TransCanada Pipe Lines. aAFP - 157 words
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Article189 1987-11-16 17 AFP THE Tokyo Stock Exchange weathered the past month's chaos on financial markets partly because its modernisation lagged behind New York and London. The deputy governor of the Bank of Japan, Takeshi Ohta, told a seminar last Friday: "What is clear is that the decline inAFP - 189 words
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Page 17 Advertisements
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Advertisement128 1987-11-16 17 NOTICE To the holders of the U.S. $200,000,000 Floating Rate Notes Due 1997 of: BANK OF CHINA (Zhongguo Ylnhang) 410 Fucneng mennel Dalle Beijing People's Republic of China We hereby certify that the rate of interest payable on the above mentioned Floating Rate Notes for the interest Period beginning on128 words
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783 1987-11-16 18 LOH HUI YIN - By LOH HUI YIN in Washington AS SINGAPORE awaits the outcome of another attempt to remove it from the American Generalised System of Preferences (GSP), it has found an important ally that wants the republic's exports to continue enjoying duty-free benefits. The783 words
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162 1987-11-16 18 UPI AMERICAN chief arms negotiator Max Kampelman said yesterday that he is sure a treaty with Moscow on intermediate nuclear missiles would be completed in time for the December summit. President Ronald Reagan and Soviet leader Mikhail Gorbachev are to sign the agreement atUPI - 162 words
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Article, Illustration349 1987-11-16 18 AN ATTEMPT to get "Musical Chairs 6000" into the Guinness Book of Records failed yesterday because some 2,000 "enthusiastic" participants were missing. "We'll definitely try again," said a spokeswoman for the Singapore Tourist Promotion Board, which initiated the attempt. The STPB had349 words
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547 1987-11-16 18 JEFFREY TSANG - By JEFFREY TSANG ONCE AGAIN, foreign exchange rates have moved against car buyers and prices are likely to rise in the near future. Over 90 per cent of new cars are from Japan, West Germany. France and Italy and the547 words
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Article70 1987-11-16 18 Reuter THE dwindling financial empire of the Hunt family of Texas faces a new court challenge today from the US government and creditors following huge losses in alleged attempts to corner the world silver market. Brothers Bunker and Herbert Hunt are to appear before aReuter - 70 words
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264 1987-11-16 18 Bernama Reuter PRIME MINISTER Datuk Seri Or Mahathir Mohamad yesterday urged all communities in Malaysia to learn to share the nation's riches to avoid suspicions and feelings of being left behind. He said that as Malaysia is a country rich in naturalBernama; Reuter - 264 words
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LATE FILE
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Article66 1987-11-16 18 AFP THE INDIAN government has taken control of the building in New Delhi housing the Indian Express newspaper, which had in the past accused ruling party members of corruption. Officials said yesterday the government had accused the Express management of using parts of the marble-frontedAFP - 66 words
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Article39 1987-11-16 18 AP VIETNAMESE Deputy Premier Vo Van Kiet arrived in Jakarta for a one-week visit yesterday to discuss increasing trade with Indonesia and inspect economic projects, the Indonesian Minister for Development Planning, J Baptista Sumarlin, said.AP - 39 words
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Article61 1987-11-16 18 Reuter PHILIPPINE TROOPS captured the second highest official of the outlawed Communist Party of the Philippines in a raid on his mother's home north of Manila. Military headquarters said Juanito Rivera, the vice-chairman of the CPP's Central Committee and Military Commission, was captured early yesterdayReuter - 61 words
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Article59 1987-11-16 18 Reuter INDIA and China, which fought a border war in 1962, began talks in New Delhi yesterday on their longstanding dispute amid scattered protests by Tibetan monks demanding independence from China. The talks, billed as the eighth round, were free of tension compared to theReuter - 59 words
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Article45 1987-11-16 18 AP ROCK-THROWING protestors in South Korea attacked a second opposition presidential candidate, Kim Dae-Jung, yesterday, demanding that he drop out and leave just one opposition candidate in the race. The same thing happened to Kim Young-Sam on Saturday. APAP - 45 words
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Page 18 Advertisements
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Advertisement637 1987-11-16 18 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Whither the Singapore dollar? BT gathers the news of treasury managers on where the local dollar is heading. 2. Investors look to bonds. BT looks at the637 words
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Advertisement101 1987-11-16 18 QUALITY BEFORE YOUR EYES •iiv i. r It takes 1 step to put it on. But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are impeccably crafted from precious metal components. As they101 words
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SHIPPING TIMES
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502 1987-11-16 19 JUNE LIM - By JUNE LIM THE HEALTHY growth rate experienced by the Far East-Eu-rope trade is not expected to be repeated next year. However, Mr Brian Allen, director general of the Far Eastern Freight Conference is fairly optimistic that trading volumes for 1988502 words
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342 1987-11-16 19 Reuter THE SUEZ CANAL Board has decided not to raise ship tolls next year due to unstable financial markets, low bunker fuel prices and a recession in shipping. An increase in charges had been expected from Jan 1. "The tolls that haveReuter - 342 words
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PORT SIDES
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Article132 1987-11-16 19 AFP DOCKERS in Tahiti have suspended their threeweek strike indefinitely, but their trade union is insisting that a round table be organised to discuss the problems facing them. The strike started on Oct 22 and triggered clashes which left 15 people injured and scores of buildingsAFP - 132 words
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36 1987-11-16 19 Reuter THE HONGKONG/GULF of Aden and Red Sea Ports Conference said it has decided to withdraw the 5 per cent congestion surcharge on the South Yemen port Hodeidah. retroactive Oct 21. ReuterReuter - 36 words
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Article139 1987-11-16 19 Reuter FREIGHT CONFERENCES involved in trade between Europe and the Indian subcontinent said they were amending currency adjustment factors (CAFs) from Nov 16. Europe/India. Pakistan and Bangladesh freight conferences said the CAF for UK eastbound freight will be minus 13.50 per cent (minus 16.50 perReuter - 139 words
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280 1987-11-16 20 Reuter SOME 83 Dutch ships were moved to flags of convenience in the first 10 months this year and the rate of flagging out will grow unless help is forthcoming. Dutch Shipowners' Association chairman Manfred Busker said. Speaking during the association's annual meeting inReuter - 280 words
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Article806 1987-11-16 20 TWO COMBINATION carriers which were reported sold to Norwegians earlier have fallen through. These are the 156,109-dwt China Pride which was said to be sold for about US$B.l million and the 164.545-dwt Kashee for about US$B million. Elsewhere in the second-hand tonnage market, bulk carriers are still in806 words
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Article829 1987-11-16 20 AB Shpg V 5 ABC Container VIII t Accord Shpg VI 3 Ahrenkiel liner XI 3 Africa Ocean XN 2 Alltrons VII 3 AC Toepfer XI s American Tpl XH 4/5 Arwo Service IV 2/3 Arrow lines IX S Anon Ocean VI 1 Atlas line X 5829 words
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Article1229 1987-11-16 20 MODERATELY active chartering was reported in the grain sector on Thursday but business was small elsewhere, shipbrokers said. Shippers are reported to have paid U5517.75 from the US Gulf to Japan, slightly under previous fixing, and there was also unconfirmed talk of $18 being paid. Grain from the1,229 words
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394 1987-11-16 21 Lloyd's List THE SOVIET UNION is believed to have secured a further two highly efficient, modern products carriers for its fleet, following the sales negotiations valuing the ships at some US$37 million. Market sources say that the vessels are the 46,693 tonnes deadLloyd's List - 394 words
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255 1987-11-16 21 Reuter CHINA has decided to end all foreign sales of the Silkworm missile which Iran has used to hit commercial ships in its Gulf w*r with Iraq, ambassador to the United States Han Xu said on Friday. "We are not going to allowReuter - 255 words
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8981 1987-11-16 26 §®aBGmB 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 of8,981 words
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Article1354 1987-11-16 27 AT CONVENTIONAL WHARVES VmmI B*fH 1 Arrival Departure KEPPEL WHARVES Barber Te«os C09 olongside 17 11/1800 Blue Comet K20 alongside 20 11/2300 Fighter K32 alongside 17 11/0600 Str Venture IC24E alongside 17 11/1500 Alrozi KI8 olongside 1611/0700 April Gl K28 olongside 1611/0600 Oowtos IC36 olongside I6H0600 Fongxing1,354 words
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Article1987 1987-11-16 28 A— B AB Shipping Boustead Shpg Agencies ABC Containerize 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 President1,987 words
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221 1987-11-16 30 Reuter INDONESIA has given a new three-year contract to a private Swiss survey company, Societe Generate de Surveillance (SGS), to inspect and value imports, Indonesian Trade Minister Rachmat Saleh said. SGS was brought in two years ago in a controversial decision, to replaceReuter - 221 words
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108 1987-11-16 30 AFP THE IRANIAN Navy intercepted a Chinese container ship on Saturday in the southern Gulf for an inspection of its cargo, shipping sources said. It was the first time in the sev-en-year-old Gulf conflict, according to the sources, that a Chinese vesselAFP - 108 words
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244 1987-11-16 30 GLOBAL Equipment Management. a London-based container pool consortium. has placed orders for over 1.000 Sea Cold refrigerated container machines. The machines worth close to US$B million will be delivered to GEM by Sea Containers' Singapore outfit between now and early 1988. The244 words
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136 1987-11-16 30 Reuter ARMED soldiers were patrolling Nigerian ports searching for contraband in a new drive to stop banned goods from entering the country. Workers at Apapa port in Lagos, the biggest sea port in the country, said army and naval troops were drafted there, aReuter - 136 words
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Page 19 Advertisements
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Advertisement972 1987-11-16 19 See***' Awlab 1 ai all Good Bookshops Pubhshed by Cambridge University Press. UK STP Distributors •s &übit%htnq Croup o« \VUIf Orient Overseas Qo*tum\ Line North america atlantic express (round the world routing) JARWHC SHIPPING AGENCIES (Raf. No. MOM/ 00K 200 Cantonment Road #12-06 Southpomt. Singapore 0201 Td *****11 TELEX NO972 words
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Advertisement118 1987-11-16 19 raps SOME 83 Dutch ships were moved to flogs of convenience in the first 10 months this year ond the rate of flagging out will grow unless help is forthcoming, Dutch Shipowners' Association chairman Manfred Busker said. P«g« II THE SOVIET UNION is believed to have secured a further two118 words
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Advertisement395 1987-11-16 19 h, t TIMES STP Distributors guctf 0 6 sicC^ 0^' E fo3^ MAERSK LINE TRANSIT TIME TO CHARLESTON REDUCED RY 5 DAYS 29 DAYS FROM SINGAPORE 34 DAYS FROM PORT KELANG 33 DAYS FROM PENANG ~Feederfromi Port f VOT Kelang I This week Ann« M Closing Time CY 18/11 2300395 words
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Page 20 Advertisements
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Advertisement644 1987-11-16 20 ANNOUNCEMENT CHO YANG SHIPPING CO., LTD. take pleasure to announce the appointment of STRAITS TRANSPORTATION PTE LTD as full agents In Singapore and Malaysia for their full containerised service to/from Europe with effect from 18 November, 1987. We take this opportunity to express our appreciation to the previous agents, Straits644 words
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Advertisement17 1987-11-16 20 K and services represented by Members of the Registry of Accredited snipping Agents. Singapore National Shipping Association.17 words
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Advertisement599 1987-11-16 20 ISI C SAV Ccrrpjnu SudAmericana dc Vjpcrcs S A Ltrc TO/FROM CHILE FEEOCR VESSEL S PORE MOTHER VESSEL HK MICA IQQ ANTOf VALP SAI CSAV 3 17/11 ATACAMA »U 4/1 2/1 1/1 11/1 CSAV 1 4/12 NOBLE STAR 11/12 4/? W2 9/2 CSAV 2 J/12 CAR CARRIER 31/12 3/1 CSAV599 words
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Page 21 Advertisements
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Advertisement1042 1987-11-16 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd pc/\r»T P&O rocv/v»li Containers Limited CONTAINERS** SERVICE TO UK/CONTMENT: Also Accepting Cargo For: HM*urf to Ceponhafon. Airhue, ReflertUm to AMvnrp, *—lord—. I Hilmo, Stockholm, Hduaki. JONTAINERSHIP SERVICE FROM UK/CONTINENT: Calling Kate. Tokyo. Simkiu. Buun ft Hifoyi GULF SERVICE OCEAN STRENGTH IK/121,042 words
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Advertisement852 1987-11-16 21 How NYK's proprietary vanning system saves Manager Pat Woodard time and money. r I -> f f! wm V. NYK offers a unique service that normally reduces shipping costs by 5% and vanning time by 50%. In-house developed software accurately simulates various cargo positionings in the container size of your852 words
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Page 22 Advertisements
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Advertisement253 1987-11-16 22 SE Hapag-Lloyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONV SEMI-CONTAINER SERVICE TO EUROPE CONV/SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT TTTTTTm CONSOLIDATION SERVICE' WEEKLY Singapore: BIRKART S E A. Tel *****11 Pt. Kelang: BIRKART SDN BHD. Tel *****66 INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MA ***** ACCEPTING CARGOES253 words
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Advertisement811 1987-11-16 22 p; HV FULLY CONTAINERISED SERVICE &.LINE tutu cm** TO FUR OPE VIA SUEZ 1 Mfmbe te Consortun S port LaHavre fstowe R dam H'burg B haven 17/11 Sl2 6-12 712 912 10,12 2211 10.12 11/12 12/12 14/12 IVI2 29<U 17.12 11/12 19/12 2112 22,12 6 12 24 12 25 12811 words
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Advertisement438 1987-11-16 22 FREIGHT LINKS EXPRESS PTE LTD ACCEPTING FCL/LCL TO ALL U.S.A. PORTS/INLAND DESTNS. Sailing: 24/11 1/12 to: PORT KELAN ENAN DEP: EVERY SAT: 21/11 ft 28/11 WEEKLY CONSOL TO: JAKARTA BANGKOK HONG KONG MANILA KEELUNG/KAOSHIUNG BUSAN TOKYO/YOKOHAMA SYDNEY/MELBOURNE AUCKLAND/WELLINGTON LONDON/FELIXSTONE HAMBURG/ROTTERDAM 21/11 28/11 21/11 28/11 22/11 29/11 21/11 30/11 22/11 29/11438 words
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Advertisement1011 1987-11-16 22 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURQ/FE) EVER GENIUS 2*ll 30/11 2112 *112 JM EVER GREET J/12 7/12 *12 11/12 yi EVE* LINKING 10/12 14/12 I*l2 11/12 nil EVER CIOBE 16/12 20/12 22/12 24/12 19/1 ALSO ACCEPTING CARGO TO SANCTON. SrON mLAOtLm JACKSONVILLE 2) ATLANTA. CHICAGO DETROIT COLUMBUS1,011 words
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Page 23 Advertisements
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Advertisement572 1987-11-16 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 PAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VESSEL SEA DRAGON SEA HAWK SEA DRAGON SEA HAWK VESSEL VOV SIN SBV SMG SIN BLW PEN INTEGRA 8715 Std IS/11 21/11 24/11 2S/11 27/11 SEA FORTUNE (745 23/11 2S/11572 words
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Advertisement281 1987-11-16 23 3 r NORBUL NORBULK CARGO SERVICES LTD REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO: UK/CONTINENT PORTS TO: INDIA/PAKISTAN PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL ?2?6J66 Kl PK S P YEO SHPC TRDG KL '539M4 PK *****01 PENANG TANJONG MARINE SDN BHD TEL &***** SABAH TRANSPAC KK TEL 271281 words
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Advertisement440 1987-11-16 23 irjk BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI AND SOUTH PACIFIC ISLANDS HONCKONC Egg JEBSEN SOUTHLAND VOY »S SIN NOUMEA AKI TA NAP TIM BLUFF 7/12 27/12 3/1 6/1 t/1 11/1 14/1 ANANCtI LfcADCR VOY fcS SIN NOUMEA AKL TGA NAP TIM TIM/U440 words
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Advertisement564 1987-11-16 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO P.T. 6ESURI LLOYi P.T. IA«UD€IA INDONESIA e P.T. TRHCORA LLOYI EXPRESS SEMI CONTAINERSNIP SERVICES DJAKARTA LLOYD INDONESIAN NATIONAL LINE EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSI/VOY SRIWIJAYA/22W8 ANTWERP H'BG/ ROAM/ADAM BREMEN an v n EXPRESS SEMI CONTAINERSHIP SERVICES A J.VI564 words
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Advertisement424 1987-11-16 23 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 11/13 Nov it/11 Nm "SITTWAY V 33 11/13 Nov PAGAN VUOW 13:14 Nov M AN Vll7* a/23 Nov Discharging only. $3 BANK UNE NORTHBOUND TO UKC IVYBANK V2ON PftO-ATLANTICA VIN (CALLING LEIXOES 1/1)424 words
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Page 24 Advertisements
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Advertisement1315 1987-11-16 24 SHIPPinO DATA flTLflriTkC COAST (Round-The-World Service) NYC HFX 26 Dec 30 Dec 2 Jan 6 Jan LA/LB OAK CHICAGO NEW YORK 13 Dec 16 Dec 17 Dec 20 Dec 20 Dec 23 Dec 24 Dec 27 Dec •PK/PNG SPORE LB CHLS NFK NYC HFX BROOKLYN BRIDGE V 5 Sid 191,315 words
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Advertisement824 1987-11-16 24 'M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Kelang Liner Vessel S pore Melt) Frem Sydn Alio Accepts "RAW I OAS *38 7 Dec 20 Dec 29 Dec 27 Dec Adel Bfrs CHANDIDAS" V 29 21 Dec 5 ton 14 Jan 12 Jan AM Bra INDIA EXPRESS CONTAINER SERVICE824 words
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Advertisement661 1987-11-16 24 GOLDEN LINE MS GUAN GUM) SHIPPING (PTE) LTD v\ 23 let* «»f Street 1| —->* swim 0104 m uom <10 ian> Fat: sjuso* STRAITS/PERSIAN GULF SERVICE: S pore P Ketone GOLDEN WONDER Cotombo/Karacti.'DuOei/Oemmafr 11/20 Nov GOLDEN BEAR Cotoi»H»/K*r»d»i/Oob*/B»hf»in M Dec CHINA SERVICE A VESSEL Xinpnt. Shanfha. \W BAI YUN SHAH661 words
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Advertisement471 1987-11-16 24 VESSEL EAST/FAR EAST DUBAI DAMNUM KUWWT DOHA. MUSCAT. BAHRAIN ABU DHABI 8 SHARJAK JEDDAH, HODEKMH. AQABA 21/11 SOI. 8/12 COLOMBO KARACHI BOMBAY H KONG KOBE KEEIUNG. UK EUROPE SERVICE LDN. F STOWE. S TON. TILBURY. ABERDEEN. LE HVE. H BURG. R DAM. GENOA. ANTWERP AND ALL MLAMO JEURO TRANSBLACKSEA CONTAINER471 words
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Page 25 Advertisements
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Advertisement1024 1987-11-16 25 NEPTUNE ORIENT LINES LTD 52 NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 27»742 *****22 *****53 *****19. *****16 27*111 *****41 NEPLINE SON BHD 36HM7 INWARD/OUTWARD NEPLINE SON BHD 2C***** ENQUIRIES *****44 NEPLINE SDN BHD. *****V6276«0/627«1/6271tt NEPLINE SON BHD 23W0/23W41 TO EUROPE/UK (VIA SUEZ): PKelang S port I1,024 words
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Advertisement562 1987-11-16 25 HEUNG-A SHIPPING Korean Flag Vessels v SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG. BUSAN. INCHON Vessel s Name ETD BS BKK S PORE K Entefprise/714N 11/10 05/11 In Port No t Don*m/7UN 04/11 It-11/11 No 9 Dona m TORN 01/11 11/11 27-30A1 No I Donam 709N 16/11 27/11 01-04/12 M562 words
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Advertisement795 1987-11-16 25 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG PENANC H/S HANDLING SYSTEM CO SON BHD M Jaian CunjaA, Port Krt^sZp. Cables. JAYAPOH795 words
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Page 26 Advertisements
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Advertisement321 1987-11-16 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 lines* FAX *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAO VE,B DEUTFRACHT SEEREEDEREI p INTEGRATED FULL CONTAINER SERVICE TO EUROPE ERNST THAELMANN W USARAMO 9K/V 7/17 •VIA COLOMBO: Accepting cargo tor INDIA Bombay. Cochin, Madras Calcutta321 words
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Page 26 Miscellaneous
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Miscellaneous175 1987-11-16 26 fi Regional Weather y? Zf c 1 30 -sn V r A m r* :v? L< »*v,i it c/* Wmd direction with speed m knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LIGCNO R Thunderstorm Temperature o c /C\ V Shower Weather Wmd direction with175 words
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Page 27 Advertisements
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Advertisement796 1987-11-16 27 to IST CLASS CONTAINf R TRANSPORT ScanDutchV TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY FEEDER VESSEL B Butang/K Bhum B. Butang/K Bhum B ButanfK Bhum B Butang/K Bhum B. Butang/K Bhum TO RED SEA EAST MEDITERRANEAN WEEKLY TO WEST MEDITERRANEAN WEEKLY FROM EUROPE WEEKLY Selandia 437 Toyama 447 8 Permai'4s7 Korrigan/467 Jutlandia/477796 words
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Advertisement237 1987-11-16 27 UN I PACIFIC TRANS. TRADING AGEN6VPTE. LTD. Q IRAQI LINE I**o' STiTf (0* IRITIBf TIUJfCI" EAST BOUND SERVICE ETA S PORE LOADING FOR MV BAGHDAD MV BASRAH WEST BOUND SERVICE ETA S PORE LOADING FOR 30/11 JedcDh Aqjtw BaghcUd 1002 Jeddah Aqatu Baghdad* THROUGH B/L* to BAGHDAD UPON REQUEST ALSO237 words
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Page 28 Advertisements
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Advertisement548 1987-11-16 28 FINK UNKR SHIPPING PTK ITI) 70 04 O<C Mirim House Spore 0?07 TEL *****77 (6 Lines) TLX RS ??W1 FLINER FAX EUROPE SERVICE T Tmnrr FAR EAST SERVICE pt*T: aw ani a/ii 2*ll uu IIU 24/11 tyU BU VU VU 11/12 »i. 1/12 7112 13/12 14/12 MIDDLE EAST GULF SERVICE548 words
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Advertisement423 1987-11-16 28 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to West Coast, Caribbean.East Canada. HAITI, Port Au Spai N ST LUCIA > USA East i in, Barbados irifV/n.'HMiIMM., 1.W.11.MK AUSTRALIA CONTAINER SERVICE /IM SYDNEY ZIM TRIESTE ACCEPTING CARGO TO AOELAIDE VIA MELBOURNE AND ALSO FCL TO GUAM =T ZIM EIUT CONTAINER LINE423 words
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Advertisement626 1987-11-16 28 Everett Lines COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" S LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER Wa PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON S CPV THROUGH BILL OF LADING TO FINAL DESTINATION. A Penang* P Kelang* Singapore H JOHNEVERETT 25/26 Nov I R MURRAYEVERETT 4/S Dec IE626 words
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Page 29 Advertisements
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Advertisement305 1987-11-16 29 SHANGHAI SERVICE ETA ETD M.V. "SELMAR ENTERPRISE" In Port IS/11 (BLT 1977) MVY LIFTS UPTO 20T CALCUTTA SERVICE SABAH SARAWAK SPORE M.V. "APJ PRITI" 12/18 NOV 19/20 NOV 23/24 NOV (INDIAN FLAG) HVY UFTB OPTO 20T AGENTS: SKIPPER SHIPPING PTE. LTD. PH *****49 TLX: RS2SO4S P.T. TYTYAN SAMODRA SHIPPING COY305 words
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Advertisement662 1987-11-16 29 REGULAR RO-RQ SERVICE TO MIDDLE EAST VESSEL 1 SINGAPORE T P KELANG I F~~ S. TABUK FEA 027 01 PEC (B PEC 13 PEC S MAKKAH FEA Q9 27_D€C a~PEC S. HOFLIF FEA 029 10 JAW I 13 JAW 21 JAW I 24 JAN Accepting Breakbulfc. Ro/Ro. Containers FCL Containers662 words
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Advertisement365 1987-11-16 29 PERCH OCEAN UNES nl (Perfect China Ocean Shipping Lims) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGOAO SHANGHAI I OTHER PORTS Etd. S PORE Etd. PKLG m. 11 t I linn TT ANGELE N TAPONG FAYIWHJZ2 xsQnam 11/1) Nov 25-20 Nov 34 OK 9-12 Dac 15-11 Dac REGULAR E.365 words
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Page 30 Advertisements
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Advertisement373 1987-11-16 30 Hai Sun Hup Co (Pte) Ltd TEL ?*****6 (20 Lines) TLX RS ***** RS ***** ft. I \s I I K\ K I l\l K. II I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! 'Subject inducement "Loading for Funabashi Eta 6/12 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG,373 words
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Advertisement346 1987-11-16 30 I COLUMBUS LINE REEDERE! GMBH (A SERVICE OF HAMBURG SUD) EXPfIESS SENB-COWTAfCR SERVICE TO NORTHBOUND TO UKC IVY BANK V2ON PRO ATLANTIC* VIN TAUSALA SAMOA VIIN MORAYBANK V4N Calling Leiioes •Alio Accaptini FCL to Antow HBG NULL (U.K.) 13/12 24/12 18/1 21/1 2S/1 10/2 14/2 M f i«: vI".im,VJM:. :v346 words
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Advertisement289 1987-11-16 30 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S POKE ETA KEELUNC CON-CARRIERS 2M7 11/11 24/11 CON-CARRIERS 21/17 24/11 JO/11 CON-CARRIERS 22/17 2/12 1/12 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD SPORE ETA SYD ETA ME LB CON-CARRIERS 2V17 21/11 13/12 17/12 CON-CARRIERS 2M7 24/11 lt/12 20/12 Alio accepting289 words
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Advertisement900 1987-11-16 30 /M, CALL US ATr P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE 1 K. LUMPUR *****53/*****U 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE BREMERHAVEN COPENHAGEN. HELSINKI. MALMO. OSLO. STOCKHOLM. UK P KELANG SINGAPORE FROM EUROPE VSL SELANDIA <37 TOTAMA 447 I900 words
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