The Business Times, 13 August 1987
1987-08-13
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The Business Times
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Title Section12 1987-08-13 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, AUGUST 13, 1987 75 CENTS12 words
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Article, Illustration187 1987-08-13 1 Exchange rates THE S$ closed slightly weaker at S$2.1085/95 (2.1075/85) against the US$ in quiet trading yesterdsy. It traded within a range of 2.1060 and 2.1105. The local unit also fell against and HK$, but went up against M$, yen and DM. US$1 151.40/50 yen, 1.8965/75 DM,187 words
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477 1987-08-13 1 NAJEEB JARHOM - By NAJEEB JARHOM KEPPEL CORPORATION Ltd is firmly back on the profit path after nearly three years of trimming and cost-cutting, helped by a sharp recovery in the marine industry. Following on its modest turnaround last year, the Keppel group yesterday reported477 words
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Article, Illustration220 1987-08-13 1 SINGAPORE share prices yesterday recovered from their day's lows to close mixed on a moderate turnover of 45.46 million shares valued at $168.97 million. The Straits Times Industrial Index edged up 1.19 points to close at 1,491.28. The broader market however remained220 words
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725 1987-08-13 1 LEONG WEN WAH - Price of $1.50 each By LEONG WEN WAH JURONG SHIPYARD LTD is making the largest share offer this year 50 million shares of 50 cents each at $1.50 each. The offer opens today and closes on Aug 25. The company, a leading ship-repairer in the725 words
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455 1987-08-13 1 Bernama ASEAN envoys in Washington have taken steps to soften the impact of the LKS omnibus trade Bill on the region's economy. The Asean Washington Committee (AWC), which comprises the six Asean ambassadors, recently sent a memorandum to Congressmen expressing theirBernama - 455 words
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475 1987-08-13 1 ALVIN TAY - By ALVIN TAY Banking Correspondent RAFFLES City (Pte) Ltd will soon raise a whopping $500 million note issuance facility (Nif), the biggest amount ever raised on the local capital markets. The issue will easily surpass the existing record for a note475 words
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Article92 1987-08-13 1 Bernama MALAYSIAN EMPLOYERS, concerned by rising wages, yesterday urged the government to reform the present system to ensure greater wage flexibility. The reforms should allow for a quick and effective response to changing economic circumstances while at the same time ensuring job security, saidBernama - 92 words
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Page 1 Advertisements
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Advertisement85 1987-08-13 1 TIENGOUKTif StCHUAN CUISINE All King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 I Full report Pag* 14 Regional Martcts, Pag* 16 World Martata, Pago 17 Begin Your Busy Day Right Start off on a right note in the morning. Use Braun micron foil shavers: recognised worldwide as a measure85 words
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Advertisement335 1987-08-13 1 Aussie coal crisis THE AUSTRALIAN coal industry is facing a crisis brought on by bad miscalculation on the part of management regarding the export market. The situation is compounded by workers stubbornly maintaining demands for high wages and increasingly inefficient work practices. See Page 10 for the full report. HITACHI335 words
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Advertisement7 1987-08-13 1 Jakarta taxWa group makas appaai, Back Fags7 words
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Advertisement146 1987-08-13 1 BALLY a of Switzerland ...meets the challenge of today. Sote Agent SG Parran Son (toai lid Singapore Big Four back OUE's S22Sm refinancing, Paga 9 JTC ralaaa tloom on bond markat, Paga 9 Shipping Times comes as a separate section today. Make sure you get your copy. J* e igf'146 words
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HOME NEWS
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Article, Illustration594 1987-08-13 2 ANNA TEO - By ANNA TEO HITACHI CONSUMER Products (HOP) is investing $5 million over the next 12 months to mske more audio products and vacuum cleaners, as well as improve its television production system. The company says that after a lapse of some five years, China has re-emerged594 words
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290 1987-08-13 2 AN AUSTRALIAN COMPANY offering specialist structural assessment services is to be set up in Singapore soon. Halpern Glick Pty Ltd, a Perth-based consulting engineering firm, is in the process of finalising a joint venture with a Singapore company. Mr Graham Glick, a director of290 words
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306 1987-08-13 2 WORKERS attending National Day observance ceremonies yeeterday were reminded of the need for Singaporeans to work together to overcome problems and challenges. At Hitachi Consumer Products in Bedok South, Home Affairs Minister Professor S Jsyakumar said the ability of the people and the306 words
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Article, Illustration235 1987-08-13 2 JEAN NOEL QUILHERi has been appointed general manager of Club Med iter ranee Mr Guilhem, who has been with Club Med for seven years, will be responsible for the development and implementation of marketing programmes to promote Club Med's AsianPacific resorts to the Singapors market. He was235 words
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139 1987-08-13 2 MANUFACTURERS can learn about the product liability laws of the US snd Europe st a course being organised by the Trade Development Board and the Singapore Institute of Standards snd Industrial Research. The subject of product liability haa gained importance in the past139 words
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Article78 1987-08-13 2 A FOUR-DAY COURSE to familiarise traders and cargo agents with the current trade classification and documentation procedures will be held next month at the World Trade Centre. Organised by the Trade Development Board, the course will also cover topics on principles of trade classifications and classification78 words
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Page 2 Advertisements
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Advertisement340 1987-08-13 2 WORLDWIDE EXPRESS® Prvmpt pick-up and detivery24 hours a day r r APCIV POWERMATEI APCIV POWERMATE 2 APC IV f Allll—J >: vj, k\ 4 X VJ fiCfr: aa ideal for homes and small businesses compact, economical versatile option to use 3 Vi" floppy disk for better protection and durability maximum340 words
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ASIA-PACIFIC
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Article, Illustration528 1987-08-13 3 UPI CHINA'S ambassador to the Unitad States called "the Taiwan question'' the major obstacle to better economic and political relations between China and the United States. If the United States makes clear that the communist government in Beijing is theUPI - 528 words
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430 1987-08-13 3 Production grinds to a halt at two more plants AP SOUTH KOREA'S entire motor vehicle industry was crippled yesterday with two more plants halting production as scores of new labour disputes flared up across the nation, affecting tens of thousands of workers.AP - 430 words
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Article139 1987-08-13 3 AP CHINA'S Ministry of Light Industry plans to stage an exhibition later this year to display low-quality, unsafe, shoddily made consumer goods, an official daily said yesterday. The China Daily, quoting an official of the ministry's quality supervision and management committee, said the national exhi-AP - 139 words
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439 1987-08-13 3 MBT PRIME MINISTER Datuk Seri Dr Mahathir's Mohamad's visit to the Soviet Union and Hungary has opened up greater avenues for closer cooperation, increased trade and collaboration between these countries and Malaysia. Businessmen who followed Datuk Seri Dr Mahathir toMBT - 439 words
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223 1987-08-13 3 UPI A GROUP of landowners, including relatives of President Corazon Aquino, have protested against her agrarian reform programme and her handling of the nation's communist insurgency. "We spent money, worked against Marcos, we expected change, but this government is going to the communists," chargedUPI - 223 words
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371 1987-08-13 3 Reuter JAPAN'S top researcher into superconductivity said on Tuesday the first commercial applications of the new scientific process would probably be developed by the toy industry. Shoji Tanaka, a physics professor at Tokyo University, told a press briefing that toymakers were conducting intensiveReuter - 371 words
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Page 3 Advertisements
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Advertisement230 1987-08-13 3 X-.i-k V > V.y" .'jh •5* rr*** iWc-' > 7_vv V'• vyv v 1 *<* ,^«sv''"'•vfffc, »> V '> U'VV 4 --A'., 1 ON J I m.:> •*v ..?,2 4 3fs U•' V 1 S«^S- < s». 'y r*JS\ w k.\.. > t v > v*v ♦v «k r r-w'230 words
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Page 3 Miscellaneous
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Miscellaneous76 1987-08-13 3 LJoonesbury HEAT SESSION TOO^i, YEAH ,7HE HUNK WAS nan ttst/meme took him on THE ROAD! m W A IS v# i lA6REE!LSVS HJHAVS SO ANNOUNCE THE SPECIAL WORLD TOUR. ON ABOUT AUGUST 16! AUGUST** K BY GARRY TRUDEAU YOURE JOKING! AUGUST 16,1987. IS THE HARMONIC CONVERGENCE! THOUSANDS WILL BE OBSERVING76 words
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REST OF THE WORLD
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Article, Illustration412 1987-08-13 4 Reuter CONSERVATIVE ECONOMIST Alan Greenspan has assumed the leadership of the US central bank, taking with him President Reagan's confidence that he will maintain its traditional independence. Greenspan heard warm praise from Reagan as he was sworn in on Tuesday in succession toReuter - 412 words
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394 1987-08-13 4 FT EXPORTS of personal computers from the West to Eastern bloc countries are to be formally liberalised by the 15-nation Parisbased Coordinating Committee for Multinational Export Controls (Cocom) next month. The move is part of the constant updating of the Cocom list ofFT - 394 words
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249 1987-08-13 4 FT SPAIN'S socialist government has received a warning from its central bank not to boost the economy further, in spite of signs that a recent growth spurt putting the country well ahead of its initial 3 per cent target for the year isFT - 249 words
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350 1987-08-13 4 Reuter PRESIDENT Daniel Ortega of Nicaragua took the first step toward compliance with a regional peace treaty yesterday, holding an unprecedented meeting with the heads of the country's political opposition parties. Ortega also met for nearly an hour with Cardinal Miguel Obando y Bravo,Reuter - 350 words
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301 1987-08-13 4 AP A RECORD 125.8 million Americans. or roughly 69 per cent of the United States working-age population, held jobs during all or part of 1986 an increase of 2.3 million above 1985, the government said. And roughly 85 per cent of theAP - 301 words
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330 1987-08-13 4 AFP MEMBERS of a United Nagroup looking into finance for African economic development, and particularly the problem of foreign debts, have had two days of talks with government and central bank officials in Nairobi at the start of their mission. The group's chairmanAFP - 330 words
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421 1987-08-13 4 NYT THE SOUTH AFRICAN government plans to introduce tougher labour laws giving more protection to employers. As the country's biggest wage strike entered its third day, the Manpower Minister, Pieter T Du Plessis, called on hundreds of thousands of striking mineworkers to returnNYT - 421 words
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179 1987-08-13 4 AP CANADA is prepared to cut diplomatic and economic ties with South Africa if sanctions do not work, Canadian Foreign Minister Joe Clark said on Tuesday. Speaking to journalists on the first stop of a four-nation African tour, Mr Clark said Canada had institutedAP - 179 words
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Article773 1987-08-13 4 ARRIVALS Operator gariflra dtrVlCt number local Mm* From su SO 105 1105 KUL su SO 201 1145 CGK su SQ191 1155 PEN THAI TG403 1155 IKK MAS MH682 1230 KCH GU GA940 1235 MES SU SO 107 1250 KUL SU SO 203 1300 CGK GU GA7205 1305773 words
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Page 4 Advertisements
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Advertisement364 1987-08-13 4 itissl wm?M. mm ARE YOU ATTENDING THE 1987 SINGAPORE PRODUCTIVITY LECTURE? THE SINGAPORE PRODUCTIVITY LECTURE is one of the productivity highlights of the year. Held annually, it is the pace-setter in the productivity arena. In 1983, we brought to you a world class exponent of Management Theory, Professor William Ouchi364 words
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Advertisement58 1987-08-13 4 fI 1# \l J# If 11/ The business person's choice, every I I II 111 I Tuesdoy, Thursday, Saturday and I 1 f| \l IV f Sunday. Leaving Changi Airport at _1_ 1 _L 22:05 hours ond arriving at Lester B. Pearson International Airport the following day Call your Travel58 words
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Page 4 Miscellaneous
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Miscellaneous80 1987-08-13 4 I Fine Cleor I Clear Clear Sunny i Cloudy Cloudy Sunny Clear i Cloudy Cloudy Showffl Fine Clear Cloudy Clear Rain Cloudy Cloudy Clear Cloudy Fine Rain Cleor Cleor Cloudy Cloudy Fin* Fine Clear Clear Cloudy Sunny Cleor Cleor Clear Showers Cloudy Clear Drizzle Clear Clear Rain Fine Moscow Nassau80 words
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Page 5 Advertisements
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Advertisement353 1987-08-13 5 To illustrate how far your investment will take you, may we draw your attention to the bottom line. i r 4 r w--0 There is a deadline which every Mercedes-Benz engineer imposes upon himself. That every new series must be at least 10 years ahead of its time at the353 words
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COMMODITIES
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Article324 1987-08-13 6 London Commodity Exchange Buyer/Seller doting prices on Aug 11 (£/tonne union spodfiod). Previous closing prices in parenthesis Coffee Basis in-store London, tellers option CIF London Sop 1265/1267 High/Low (1275/1277) 1280/1266 Nov 1290/1291 (1297/1298) High/Low 1300/1287 Soles (2992) Cocoa Sep 1279/1280 (1270/1272) High/Low 1280/1264 Dec 1320/1321 (1310/1311) High/Low 1322/1304324 words
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Article210 1987-08-13 6 Chinese Produce Exchange Sailors' noon doting prk an August 12 (SS/100 kg) Coconut oil Bu* FOB 95.00 Old drum FOB 105.00 Now drum FOB 109.00 Copra Mlxod (loot*) 56 Pepper Muntak whit* FOB NIW 1185.00 Sarawak wMto FOB faq NIW 1170.00 Sarawak spodal Mack FOB NLW 942.50 Sarawak210 words
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Article227 1987-08-13 6 Reuter SINGAPORE THE MARKET yesterday closed lower with September One RSS buyers quoted at 210.25 cents/kilo, down one cent from yesterday. The morning session ended little changed from overnight levels after fluctuating narrowly on shortcovering alternated with profit-taking, in thin trading. Trading was quiet in the afternoon session butReuter - 227 words
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Article291 1987-08-13 6 R AS prices In S c*nt»/kg, FOB In b*l* B NOON CLOSE 6vy*rs S*ll*rs ftvy*rs Sollors Int 1 RSS Prompt 212.75 213.75N 211.75 212.75N tnt 1 RSS S«p 87 211.50 212.00 210.25 211.00 Int 1 RSS Oct 211.50 212.00 210.25 211.00 Int 2 RSS OP 209.75 211.75N291 words
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Article102 1987-08-13 6 (eanti/kg, l-tor pollen) SEPTEMBER 87 OCTOBER 87 (currant month) (forward month) NOOM NOON HAw Ivytn Stbn Sil»n SS« 20 187JO 189JON 187.50 189JON SSt 50 186.00 187 00N 186.00 187.00N MRELB 8ur«n S«U*n IvyM S*it*a SMI CV 263JO 265JON 264J0 266JON SMt I 263.50 265JON 264JO 266J0N102 words
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Article70 1987-08-13 6 EAST ASIAN spot product prices weakened slightly on the petroleum spot market but most crudes rallied on renewed enduser demand. USJ/borr* Otanga Owboi (Sap*) WW T»»oi 17.70 +ais WT1 (SapO 21.10 -0.40 Products (FOB S'pore) USS/barrel Oong. i— GaaoH koo Sulphur Wai; I«Mm, L5Wt 24.10 21.05 19.1570 words
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Article102 1987-08-13 6 Reuter THE KUALA LUMPUR Hn mark*! yesterday closed •toady at Tuesday's M 516.33 par kg aflar a fairly quial and brlaf trading seeaion, dealers •aid. Buyars and aallara were evenly male had at tha opening laval of M$ 16.33. Volume was 43 tonnes agalnat 92 on Tuesday, andReuter - 102 words
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Article427 1987-08-13 6 Crude palm oil futures yesterday closed weaker on profit-taking and renewed selling, as operators turned cautious after Tuesday s firmness and liquidated positions while awaiting further developments. Higher overnight Chicago soyoil futures and Pakistan's RBO palm oil purchase for first half September shipment failed to help sentiment. September427 words
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Article318 1987-08-13 6 HONGKONG: GOLD yesterday closed lower in fairly active trading mainly on late selling pressure reflecting the firmer tone of the US dollar. Sentiment toward gold remained positive amid continued tension in the Gulf and the gold miners' strike in South Africa. Gold ended at U*****.20/70 an ounce against318 words
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Page 6 Advertisements
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Advertisement126 1987-08-13 6 rjjaiyjlidl EXPERIENCE THAT TRADITION WITH SAUDIA'S HAUTE CUISINE MENU. One of the biggest problems when flying with us is choosing from our menu. Should it be Crepes A La Reine or Strogonoff omelette for breakfast? Lobster Thermidor or Fillet Steak Forestiere for dinner? And to make Flight No. SV 399126 words
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Advertisement237 1987-08-13 6 Hello Tony, tan you page Norman for me? He's at our worksite in Jurong." Sorr\ I don t have his pager number "I hat s Ok. his number's programmed into the one-touch dial memo so all you do is press one button to page him Hello Woks Widgets. 'Mi <.237 words
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Page 7 Advertisements
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Advertisement296 1987-08-13 7 /5?? 05 'r* IK 1 ..-i s% X S5 V r y s«F N s \l X\ x V x: S y S V -v :<* X>\ V X. %V ey &L £3 mi V* y IV v\\ r *> /*> Vs W/ ■>■'*. > /Z /<d w m fy,296 words
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MONEY AND EXCHANGES
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Article65 1987-08-13 8 THE OVERNIGHT rate on the Singapore interbank market fell by 2 points to 214 per cent yesterday. The one-month term rate rose by 1/16 point while the twoand three-month rates remained unchanged. S$ Interbank rates at 7pm yesterday: arm mo Ownight 2 1/4 2 1-monft 4 3/1« 465 words
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Article154 1987-08-13 8 Gold futures on Aug 12 100 toy ounow USS par troy ounco OpM Mgk Lav tofe Aug 07 442-30 444^0 440.00 444.20 3.00 W -tftl *K1 444.50 442-30 446 0Q 3^0 Oct 447 JO 449.40 443.60 ■Iff frft X70 0« 472. JO 475.00 449JO 474.20 340 M>154 words
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Article1371 1987-08-13 8 SINGAPORE: THE US dollar yesterday closed slightly firmer against most major currencies helped by light European buying in late afternoon trading. Dealers said trading was generally quiet throughout the day with the dollar moving within a narrow range amid fears of central bank intervention and remaining US Treasury1,371 words
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Article675 1987-08-13 8 CURRENCY FUTURES OPTIONS IMM T« mdoy, A •l«M« 11 1987 MfTNH POU M0 £2M CaNi NiOMk ipart P MM 1325 l»p c 2.40 M« 1 >PP-C 1 hH 0.25 1.10 DPfr* 2jOO ISM 2JJ 143 3.45 070 1.95 2.95 1S7S a»j 1.35 240 17S 340 440 1600 040 070675 words
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Article379 1987-08-13 8 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at slightly lower opening levels in thin trading. Dealers said ehortdatee and term rates eased 1/16 point at the outset following good demand for US Treasury auction of U559.75 billion of three- year notes, lower Federal funds rate and the Federal379 words
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Page 8 Advertisements
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Advertisement168 1987-08-13 8 i V/ 7 V II z 3 r *v~ _-< '< ~>: Wfe llpush our\bKos to the limit i Few car makers go to the extremes that Volvo does to ensure the safety of their cars. Maybe that's why you don't see car advertisements with revealing photos like these. Though168 words
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BANKING AND FINANCE
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395 1987-08-13 9 SOH TIANG KENG - By SOH TIANG KENG Financial Correspondent THE CURRENT accounts of Singapore banks leapt by $2.8 billion to $8.4 billion in May, the highest monthly jump in history. For the past year, the average monthly increase had been lees than $500 million. Bankers attribute this395 words
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366 1987-08-13 9 Reuter THE STRENGTH of Japanese financial services companies will force US investment banks to consolidate, but the move should leave retail securities houses unscathed, Shearson Lehman Brothers Inc chairman Peter Cohen said. "I think that Japanese firms are the biggest singleReuter - 366 words
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Article, Illustration186 1987-08-13 9 Indicates Mm average of «w prim* landing rates oI 12 major banks In S'poro f Average of prime or equivalent lending rate on Aug 12 London 10.00% Hongkong 6.5 N«w York 8.25% Bongkok 1U Tokyo 3.375 Jokorto 20 Zurich* 3-5 Kuolo Lumpur 775 Frankfurt* 3% MonMo 15186 words
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585 1987-08-13 9 Slmex/IMM SEPTEMBER Eurodollar yesterday opened 4 ticks higher at 92.87 on better-than-expected demand for the three-year auctions. However, uncertainty over foreign demand for the 10-year and 30-year auctions led prices to trade sideways within a tight range. The September contract finally closed585 words
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186 1987-08-13 9 Reuter GOLD BULLION, currently trading around US$46O an ounce, below recent 2-1/2 month highs, has the potential to move higher, and could test US$5OO soon, broker Kleinwort Grieveson said in its latest Precious Metals Monitor. A number of positive factors are supporting gold,Reuter - 186 words
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Article64 1987-08-13 9 Reuter TURNOVER in gold futures at the Tokyo Commmodity Exchange for Industry (Tocom) has jumped sharply this year, reflecting growing participation by private investors and increased activity by trading houses. Volume in 1987 up until Tuesday totalled 1.07 million one kilo lots, against a record 1.03 millionReuter - 64 words
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476 1987-08-13 9 ALVIN TAY - By ALVIN TAY Banking Correspondent THE BIG FOUR local banks have come out in full support of a $225 million refinancing package by publicly-listed Overseas Union Enterprise Ltd (OUE), the operator of Mandarin Hotel. Mr Chong Kim Chow, OUE's general manager, told BT476 words
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228 1987-08-13 9 Reuter THE CONTINUED SLUMP in yen bond prices is fanning speculation that Japan s long-term prime rate, now at 5.2 per cent, may be raised again, bankers in Tokyo said. The bearish note prevailing in the yen bond marketReuter - 228 words
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Article265 1987-08-13 9 JURONG TOWN Corporation yesterday launched a novel $100 million multiple fixed rate bond issue, bringing the total amount raised by the statutory board on the capital markets so far this year to $220 million. Unlike conventional bond issues which carry single interest coupons,265 words
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402 1987-08-13 9 FT THE BANK OF ENGLAND has issued guidelines to British banks on the provisions they might be expected to make for loans to troubled developing country debtors. The move follows the decision of many US and UK banks to make large increases inFT - 402 words
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Article86 1987-08-13 9 Treasury bills Period Issue Yesterday's dosing Day's cod* Maturity BID OffW HKJH LOW 3 months BQ*****F 12.11.87 3.13 3.03 3.10 3.05 6 months BS*****Z 21.01.88 3.19 3.09 3.15 3.12 1 year BY*****S 30.06.88 3.35 3.25 3.28 3.28 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing86 words
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Page 9 Advertisements
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Advertisement116 1987-08-13 9 Prime Office Warehouse For Sale By Tender A modern 4-storey office building and a quality 2-storey warehouse together with potential for additional office developments on this very large plot of freehold land. Location Harpers House 154 West Coast Road near Clementi West St 1 Rentable Office Area 28,899 sq ft116 words
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Advertisement210 1987-08-13 9 Audit Committees' 9 The Companies (Amendment) Act 1957 placet increased of the director! for the conduct of the company end die shem a true and hiriiiv. Audit committees, which ere mandatofy in parts of the U.SA. and Canada, have been receiving much attention recently here in Singapore as a possible210 words
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PERSPECTIVE
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Article580 1987-08-13 10 NO EMPLOYER needs to be reminded of the cuts and bruises suffered during the free-for-all in the labour market in the early eighties. Scrambling for scarce workers, many employers simply boosted wages and then watched in dismay as their profitability plunged and their international competitiveness declined. What580 words
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Article, Illustration1552 1987-08-13 10 FLORENCE CHONG - Australia's largest export industry coal, which earns around Ass billion a year, twice as much as the next biggest industries wool and iron ore is in turmoil. It is losing its market shares in an increasingly competitive world market to countries including China and South1,552 words
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Article, Illustration862 1987-08-13 11 DAVID CRARY - More than wages are at stake as South Africa's militant National Union of Mineworkers goes on strike. A defeat for the union would be a severe blow to its allies and to the fight for the political rights of the nation's 25 million blacks. DAVIDAP - 862 words
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Article, Illustration857 1987-08-13 11 LEONARD SILK - By LEONARD SILK NYT HOW SERIOUS are the risks of a war in the Middle East that would close the Persian Gulf and send oil prices spiralling upwards? The Iranian leaders have been making threats that have caused the oil market toNYT - 857 words
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Page 10 Advertisements
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Advertisement249 1987-08-13 10 MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) The Directors of Malayan United Industries Berhad wish to make the following announcement:I. UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30TH JUNE, 1987 GROUP COMP COMPANY 15,600 17,871 2. The high tax charge for the Group in 1987 is principally attributable to the249 words
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Advertisement255 1987-08-13 10 tTTTTTr RRC TOUR OCSE/SCE OR PROFESSIONAL EXAM SUCCESS Study at home pass first time with The Rapid Results College ACCREDITED BY COUNCIL FOR THE ACCREDITATION OF CORRESPONDENCE COLLEGES Complete Home Self-contained courses specially prepared and regularly updated for GCSE/GCE '0' and 'A' levels and Professional exams Unrivalled tuition service conducted255 words
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Page 10 Miscellaneous
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Miscellaneous701 1987-08-13 10 To CHGEf? Oxoertt-J /^rsS^fltvr OP IU SING meoi£y ""4> ss: as" SIGH' c;?rS§ Cl'-> l C?€T U>€*Ry *ND 6»Or OF )Evening Standard Co Ltd.)»? )»«7 m% )fa so \r«w§L IJr V or TIC m€Jlu>Cfcic»JG OF I ONTWe.CNMKJGAiJC /JL,V, Sc?'OFDMMG /ft lIN sev£N P»ND FIFTV V CPvLAftOOSE J "iKOCiHIIHCDGIia (SGJQQSKOSIQII) CRYPTIC701 words
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Page 11 Advertisements
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Advertisement411 1987-08-13 11 For Business or Leisure, One Hotel Takes The Crown. H SINGLE: MS 99 DOUBLE: MS 108 TV Prince a sanctuary for business or pleasure in the heart of the city, j where the shopping, entertainment J J and business pulse beat Elegant, sophisticated luxurious and intimate. You'll find it m411 words
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Page 11 Miscellaneous
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Miscellaneous1226 1987-08-13 11 w vm mm i THURSDAY FEATURE SPECIAL The Second Victory 10.30pm, Channel 5 Set in 1945, in an Austrian town during the end of the war, occupation officer Major Mark Hanlon (Anthony Andrews, left) finds himself caught in the middle of two murders. First, his sergeant is killed. The murderer1,226 words
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SPORTS & LEISURE
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Article, Illustration460 1987-08-13 12 AFP SNOOKER is to go global next season for the first time with a World Series spanning the five continents. The sport's top players will compete in eight tournaments as far apart as Tokyo, Hongkong, Rio de Janeiro and Las Vegas for a topAFP - 460 words
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371 1987-08-13 12 Reuter EDWIN ROSARIO withstood the brawling tactics of an old rival on Tuesday night when he successfully defended his World Boxing Association lightweight title by knocking out fellow Puerto Rican Juan Nazario. Rosario knocked the challenger down and out with aReuter - 371 words
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Article, Illustration312 1987-08-13 13 Reuter WORLD 200-metre record holder Pietro Mennea of Italy, who returned to the track at the age of 35 on Monday night, said his win had been important but he had to accept he was not up to world championship level. "Without being presumptuous, I thinkReuter - 312 words
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755 1987-08-13 13 Reuter THE US PGA championship which Larry Nelson won in a playoff on Sunday also determined the membership of this year's American Ryder Cup team, adding two very formidable competitors. As champion. Nelson, who beat Lanny Wadkins on the first hole ofReuter - 755 words
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Article, Illustration258 1987-08-13 13 Reuter INJURY and illness have taken their toll on Olympic 800 metres champion Joaquim Cruz to the point where "sometimes I don't know how to run". "My injury last year is causing me some troubles," said the Brazilian, who galloped to gold soReuter - 258 words
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335 1987-08-13 13 Reuter NEW ZEALAND'S three-yacht team held off a late challenge from Britain to clinch their first victory in the Admiral's Cup on Tuesday night. The provisional points table at the end of the 973-Km classic Fastnet Race the last inReuter - 335 words
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451 1987-08-13 13 WALTON MORAIS - Iranklif, speaking.... WALTON MORAIS THE ANNOUNCEMENT said that North Korea was "drastically slashing" its demand to stage eight events of the 1988 Olympics and would instead settle for five full events and part of another. For those who've been following the protracted Olympic negotiations451 words
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Article, Illustration1120 1987-08-13 13 Game invented out of impatience with British cricket UPI WE ENGLISHMEN know all about baseball. It's the strange game that Americans invented because they were too impatient to play cricket. it's what Charlie Brown plays. He stands on a little hill and throws a ball.UPI - 1,120 words
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Page 12 Advertisements
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Advertisement893 1987-08-13 12 m 4 > '^■fr-2'A jfc Vs."-- *2*M i»ajr: SS» <r* <__J HE ?t V r3Li»\: MS A.■ I Seconds are FREE and all bottle sales enjoy a 30% discount zm one r This Mcxiday to Friday Dip into our satisfying deficious International bnffat lunch featuring vegetable curries, seafood, soup and893 words
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Advertisement111 1987-08-13 12 Complimentary Camus XO with Pine Court's sumptuous Beijing cuisine For lunch and dinner, till August 30 1987 For rarruttumi, call 737*411 ext. Vf.Pmeumh*ct to 10% tmtct charge and 3% govt, tax The management mtrva the rtfj* to change the programme m u at b ~r- At the Para Wave Disco111 words
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Page 13 Advertisements
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Advertisement428 1987-08-13 13 ir. "O (Jbolu A dozen ways with lobster. It's August... the lobster season. For Chef Yamaguchi, it's the perfect reason to go overboard with innovative lobster creations. There's Lobster Teppanyaki and Sushi, Sashimi and a host of scrumptious culinary triumphs. Lobster Celebration at the Unkai. What a revelation! Lunch: 12428 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration4304 1987-08-13 14 HELPED BY GAINS from some index stocks, the Straits Times Industrial Index nudged up 1.19 points to close at a new high of 1,491.28. But the broaderbased BT Composite Index, which includes 40 stocks from all sectors, fell 3.07 points to 1,324.62 while4,304 words
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Article247 1987-08-13 14 Rises O C IN* 2200 CmbM SOt MO Waoma. 690 Tot Lm to* 464 SM 10X Wand t Pan SM SI A 1490 •adman* MMa 1070 Tranefc Mlwi t00 MaM to. Spora 60S TroOart 600 Eadarol Raur S70 Kappa) Carpn 446 Falls M Irmriai 1040 Wacan IM247 words
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Article4476 1987-08-13 14 SECTION ONE MMttTMAL COMMERCIAL Acmo (2 60 I 262 Si 141 264 17) 241 IS 2.62 (Id 263 lIS 259 (til 240 lid 258 a 2SB (II 259 131 240 161 242 OS 241 Atoo» C7o'/,6 072 Si 111 073 (II 073 C 3) 0.724,476 words
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Page 14 Advertisements
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COMPANY NEWS
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TAKING STOCK...
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Article, Illustration260 1987-08-13 15 HOCK LOCK SIEW TAN KOON Swan, former president of the Malaysian Chinese Association now serving time in Changi Prison for his part in the Pan-Electric fiasco, has turned to religion, his prison chaplain confirmed. At one time Malaysia's most influential Chinese politician and businessman,HOCK LOCK SIEW - 260 words
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497 1987-08-13 15 OWNING a Grand Banks luxury cruise yacht may be the typical dream of an American yuppie who has a condominium apartment in the city with a BMW parked downstairs, and a summer house in the country with the latest station wagon497 words
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234 1987-08-13 15 CONTINUING the hot streak established last year, Harimau Investments Ltd. the closed-end investment trust backed by Over-sea-Chinese Banking Corp, has reported a hefty gain of 42.3 per cent in its operating profit after tax during the first six months of 1987. The group posted after-tax234 words
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Article206 1987-08-13 15 Full subscription for Bedford rights BEDFORD BHD's rights of 49.56m new ordinary shares of 50 Malaysian cents each at an issue price of 50 cents each has been fully subscribed. Total acceptances by shareholders amounted to 46.59m shares or 94.97pc. There were excess applications amounting to 7.04m shares.206 words
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501 1987-08-13 15 LISA LEE - Bottom-line losses amount to Mss7m By LISA LEE DESPITE dismal bottom-line losses of M 556.8 million for fiscal 1986, MBf Holdings Bhd is asking shareholders for M 5139.5 million in new funds through a proposed rights issue. In its belated financial results501 words
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556 1987-08-13 15 ROXY ELECTRIC Industries Ltd, which swung back into the black in the first six months of the current financial year, is proposing a rights issue to raise M 5117.56 million. The two-for-three rights issue comprising 90.43 million new shares is to be priced at556 words
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LATEST
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Article64 1987-08-13 15 Loss after tax of $389,132 (loss of $157,485) on turnover of $4386,921 ($1.2 million) for the six months ended June 30, 1987. Loss per share is 5.2 cents (2.1 cents). There was an extraordinary gain of $1.97 million arising from the sale of long term investment less64 words
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Article84 1987-08-13 15 Group loss after tax of M 53.34 million (loss of $1.23 million) on turnover of $18.8 million ($19.45 million) for the six months ended June 30, 1987. Loss per share is 1.4 cents (0.5 cents. Group operating losses amounted to M 52.27 million from an operating profit84 words
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488 1987-08-13 15 NAJEEB JARHOM - By NAJEEB JARHOM MARGINS have improved considerably at Straits Steamship while Far East Levingston Shipbuilding is having a busy sec-ond-half with another eight vessels scheduled for completion. Steamers, the diversified property and shipping-based subsidiary of Keppel Corp, saw a 30488 words
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Page 15 Advertisements
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Advertisement112 1987-08-13 15 7 S 7* Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16+ per set, they are easy112 words
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Advertisement500 1987-08-13 15 <v\ ,e 6 What you should know before you invest your CPF in unit trusts W |/V|kT The big difference. I W■■ ir\J Experience counts. So when 1.1 you examine the available A HAnr CPF approved unit trusts r%i LM U. with a view to investing your CPF, consider this.500 words
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REGIONAL MARKETS
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3484 1987-08-13 16 THE SHARE price slide in the Kuala Lumpur stock market was checked in the final session but overall share prices were still easier in moderate trading yesterday. Activity picked up after the lunch break particularly in lower liners and situational counters to trim3,484 words
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Article256 1987-08-13 16 Monog«fY prices MARA-Bumiputra for Aug 13 First I'putro 7 84 7 m Sacond fi'putro 695 700 Singapore Unit Trust Third I'putro 518 523 Tli* ComMfc* Four* I'putro 640 645 129 1 36 Fitlti B'putra 416 421 Tha Savings Fund 111 1 18 Salt) B'putra 439 444 S'pore frog256 words
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258 1987-08-13 16 Reuter JAPAN'S giant Toshiba Corp, embroiled in a major controversy over the transfer of secret submarine technology to the Soviet Union, has lost its bid to sell 90,000 portable computers to the Pentagon. Lap-top minicomputers, software and services for US defence agencies worldwide willReuter - 258 words
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676 1987-08-13 16 Hongkong DBS Securities Reuter ALTHOUGH the Hang Seng Index has recorded another gain of 11 points yesterday to finish the day at another unprecedented record of 3,557.43. the fourth straight high, volume has slackened noticeably to HK$l.9 billion as many investors remained cautious inDBS Securities; Reuter - 676 words
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159 1987-08-13 16 AFP JAPAN'S Mitsubishi Mining and Cement Company is planning to purchase 42.48 per cent of Indonesia's PT Semen Cibinong cement company. The acquisition of the shares, worth US$2B million, has yet to be approved by the Indonesian government, the Antara news agency quotedAFP - 159 words
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Article107 1987-08-13 16 UPI FUJITSU Microelectronics Inc has filed site review plans with Gresham city in Oregon for the first phase of a proposed US$l3O million manufacturing plant that ultimately would employ 2,800 people. City officials expressed restraint in their comments, noting the lack of a financial commitment onUPI - 107 words
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Article496 1987-08-13 16 Reuter int anAnc price index on Tokyo market closed sharply higher yesterday, its sixth straight advance, in active trading on record Wall Street gains overnight and a prevailing mood of optimism. The 225-share Nikkei Index gained 276.31 points to 25,559.28, just off the day s peaks. On Tuesday theReuter - 496 words
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Article497 1987-08-13 16 Reuter THE AUSTRALIAN share market closed firmer yesterday but off the day's earlier record highs as strong demand for goldrelated and resource stocks evaporated. But they said heavy interest in blue chip industrial stocks, especially banks and media scrip, propped up the market, which retreated as bullion fell belowReuter - 497 words
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Article222 1987-08-13 16 AUG 12 trr 4 06 •0 06 Kotin Kuochan Oav Laa Chang Yuan 33.20 43.80 +0.8 -0.2 Asia Cement 45 90 0.2 27 10 08 Camay Cona 88 SO 0.5 52 00 +2 Chang Hwa Bank 150 00 6.5 47 10 0 9 Chang Loong Chia Hein Cement... Chin222 words
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Article77 1987-08-13 16 AUG 12 1 iftOt if. Oriental B Ptlll OvTMM 0 1250 0.1790 0 75 -0 006 •0015 -0 04 0 035 -0 002 PiCOP B Ap«x Mining B ***** 40 -0 005 PU)T 727 50 -25 Baguio Gold 0 025 •0 001 San Migu*i B S>«trn"4 235 0 04377 words
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Article125 1987-08-13 16 Kai ***** AUG It Chell Sugar ***** Kangwon Ind Kia Moto* ***** ***** -400 -600 ***** •130 Koton Ind ***** •800 Daewoo Corp Daewoo Haavy Datehtn Sacuntiaa ***** ***** ***** ***** *300 •80 unch Korea Long Term Lucky Ltd Oriental Brewery... Oriental Chem 3750 ***** ***** ***** 50 -100125 words
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Page 16 Advertisements
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Advertisement789 1987-08-13 16 NOTICES m LTCB The Long-Term Credit Bank of Japan. Ltd. Singapore Branch US. $15,000,000 NEGOTIABLE FLOATING RATE US. DOLLAR CEHTIFICATES OF DEPOSIT DUE FEBRUARY 11, 1988 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from August 13,1987 to February 11,1988 the789 words
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Advertisement324 1987-08-13 16 In the matter of THE COMPANIES ACT, CAP. 50 and In the matter of ORIENT CONVENTION BUSINESS TOURS PTE. LIMITED NOTICE OF SPECIAL RESOLUTIONS At an Extraordinary General Meeting of the Members of the Company duly convened and held at 1 Jalan Seaview, Singapore 1543, on 12th August 1967, the324 words
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Advertisement175 1987-08-13 16 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We Prosperity Five Enterprise (Pte) Ltd of 7500 A Beach Road #11-303. The Plaza. S'pore 0719 hereby give notice that In consequence of our purchase a barge from Junmln Hardward Trading Co of No. 85. Jalan Chlchau, S'pore 2469. We have applied175 words
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WORLD MARKETS
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Article1016 1987-08-13 17 New York WALL STREET stocks surged again to new highs on Tuesday as even the most cautious investors joined in the buying frenzy. The Dow Jones industrial Average rose 44.64 points to close at an all-time high of 2,680.48. The 30-share index's advance, the eighth-largest1,016 words
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Article930 1987-08-13 17 London Reuter THE OVERNIGHT record gains and heavy voluma on Wall Street apilled over into London yesterday morning and sent shares ahead in early trading. But the market's remaining caution about fresh UK economic indicators due in the coming week brought prices back from theirReuter - 930 words
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Article827 1987-08-13 17 Selected indices HONGKONG Hongkong Index Wodnaxtoy 2.331 57 TuMdoy Z3I9A3 WnI ago 2.296 14 Hong Seng Index WodMidoy 3 557 43* TuMdoy 3,***** WMI 090 3,517 13 Al Industrials WidMidnr ZW07 TuMdoy 2.WU WMk ago i*3i5 NEW YOfK Dow Jones TuMdoy Zifl04r Moodoy Wook 090 Z544 7I TOKYO Nikkei Average827 words
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Article253 1987-08-13 17 AFP AIRBUS INDUSTRIE enjoyed a marked rise in first-half sales compared with the same period last year, while Boeing's sales dropped, figures released by the builders show. Airbus received firm orders for 83 aircraft during the first half, against 83 tor the first six monthsAFP - 253 words
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Article, Illustration282 1987-08-13 17 FT LLOYDS BANK Is to increase its preeence on Wall Street by buying a 25 rm n I—A A I \4f 1,. P®' C®tft llr^Vl Peck and Qreer, a New York investment management Arm, tor U8887.5 million, with the option of inrreelingFT - 282 words
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Article227 1987-08-13 17 Reuter AMSTERDAM-ROTTERDAM Bank NV, the third-largest Dutch bank, raported 20.4 par cant higher first half 1987 net profits of 210 million guilders and said it expected higher full year net profits and increased earnings per share. The bank propoeed an interim dividend of two guilders perReuter - 227 words
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Page 17 Advertisements
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Advertisement557 1987-08-13 17 Keppel Corporation limited (Incorporated in the Republic of Singapore) The Directors advise the fallowing unaudited results of the Company and the Group tor the six months ended X June 1967: COMPANY GROUP Group revenue at $30&5 mifcon tor the first six months increased by 185%, and operating profit and investment557 words
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406 1987-08-13 18 JEFFREY TSANG - Value exceeds amount awarded last year By JEFFREY TSANG PRIVATE SECTOR developers awarded more building contracts in the first half of this year than during the whole of last year. The latest Monthly Bulletin of Construction Statistics shows that406 words
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356 1987-08-13 18 CORRINA LIM - By CORRINA LIM IN AN aggressive bid for Central Provident Fund members' savings, DBS Bank yesterday launched a unit trust fund minus the usual sales fee and with a lower management fee. Set up specifically for CPF members, the Shenton356 words
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205 1987-08-13 18 THE MASS Rapid Transit (MRT) system will have a station at Boon Lay now that Telecoms has agreed to vacate the site needed for the station. The MRT Corporation said yesterday that the Housing and Development Board and Telecoma had reached an agreement on205 words
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Article186 1987-08-13 18 Reuter BANGLADESH said yesterday that it would never accept a Sri Lanka-style solution to a 14-year-old tribal rebellion in the south of the country. Foreign Secretary Nazrul Islam said the Sri Lankan peace accord signed by Colombo and New Delhi last month aimed at solving aReuter - 186 words
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241 1987-08-13 18 THE SINGAPORE government's order to curtail the Asian Wall Street Journafs circulation was beyond the review of the courts because the government was using its political discretion when it said that the A WSJ was engaging in the Republic's domestic politics. This241 words
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122 1987-08-13 18 Bernama THE BANK of America National Trust and Saving Association is optimistic about its opsrstions in Kuala Lumpur and has no intention of pulling out of this region. Vice-chsirmsn Robert Frick gave this assurance in Kuala Lumpur yesterday following strong rumours, fuelled by theBernama - 122 words
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123 1987-08-13 18 SINGAPORE'S most senior soldier, Major-General Winston Choo, has been conferred Malaysia's highest military award, the Darjah Psnglima Gagah Angkatan Tenters (PGAT). The citation said that General Choo, who is Chief of General Staff of the SAF, was conferred the award for playing "a significant role123 words
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175 1987-08-13 18 Bernama THE INDONESIAN Textile Association has called on the US government to prevent Congress from passing a Bill to restrict textile imports. A five-member delegation headed by former communications minister Frans Seds yesterday presented US Ambassador Paul Wolfowitz a petition protesting against textileBernama - 175 words
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179 1987-08-13 18 UPI CHARLES PRAG Jr, an edger. cutter and die lock at International Drop Forge Co, Milwaukee, is apparently too efficient for his follow union members. Mr Prag was fined US$2OO by his union and put on two years probation on May 12 by LocalUPI - 179 words
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Article, Illustration324 1987-08-13 18 Reuter THE PHILIPPINES, shaken by a series of assassinations, yeeterday announced special courts, military checkpoints and a crackdown on unlicensed guns, but President Corazon Aquino ruled out an emergency curbing of civil rights. Mrs Aquino, leaving a weekly Cabinet meeting, shook herReuter - 324 words
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Article83 1987-08-13 18 Reuter WALL STREET stocks fell yesterday as profit-taking hit the market after a record two-day blue chip and general market rally. However, brokers said selling was restrained and trading pros were waiting for the early foreign trading to end before making their moves. The Dow 30 IndexReuter - 83 words
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86 1987-08-13 18 Reuter THE SOVIET machine-building industry, a priority growth area in the Kremlin's economic reetructuring drive, continues to lag behind target production levels. An official newspaper said yesterday that statistics for the first seven months of this year showed overall industrial output had reached planned levelsReuter - 86 words
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LATE FILE
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Article60 1987-08-13 18 Reuter HONGKONG'* budget surplus tor fiscal 1067/88 is liksly to bs twice ss high es the HKS2.4 billion originally torecast by the government. Acting Deputy Financial Secretary Brian Jenney said that latest estimates showed that revenue was running 4 per cent to 5 per cent aboveReuter - 60 words
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Article31 1987-08-13 18 AFP THE PHILIPPINE Cabinet yesterday approved a US$B.3 billion proposed budget for 1988, of which 40 per cent is set aside for repaying the foreign debt AFPAFP - 31 words
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Article32 1987-08-13 18 Bernama THE DEMOCRATIC Action Party began holding public meetings yesterday to protest against the Malaysian government tor awarding the North-South Highway project contract to United Engineers Malaysia. BernamaBernama - 32 words
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Article42 1987-08-13 18 Reuter FRENCH Defence Minister Andre Giraud warned Libya yeeterday that Paris was still ready to intervene in Chad in spite of its refusal to beck Chadian government troops in their drive to retake a disputed border zone. ReuterReuter - 42 words
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Article50 1987-08-13 18 Reuter ALITALIA has joined Swissair, British Airways, KLM Royal Dutch Airlinee and America's United Airlines in a move to set up a Europewide airline computer booking system. This takee to eeven the number of carriers in the system, which includes Austrian Airlines and British Caledonian. ReuterReuter - 50 words
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Article48 1987-08-13 18 Reuter JAPAN will help Sri Lanka with reconstruction after four years of ethnic violence. Sri Lankan Finance Minister Ronnie de Mel said yesterday after talks with Japanese Foreign Minister Tadashi Kuranari that Tokyo would help with rehabilitation in the North and East. ReuterReuter - 48 words
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Page 18 Advertisements
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Advertisement17 1987-08-13 18 PATEK PHILIPPE GENEVE c Watmis~ of Switzerland 6 Scotts Road 01-16 Scotts Singapore 0922 Tel 737 370817 words
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Advertisement103 1987-08-13 18 <|_`|?^}/_/%{,*<.$\{/`
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SHIPPING TIMES
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125 1987-08-13 19 THE PHILIPPINE National Lines has bared plans to start before the end of the year a liner service between the Southern Philippine port of Davao and Menado in Indonesia in a joint venture with Indonesian interests, says a Sea trade Week report. A 3,700-dwt ship125 words
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Article411 1987-08-13 19 LILIAN ANG - Box-handling shows even better growth By LILIAN ANG GROWTH in general cargo throughput at the Port of Singapore Authority gathered momentum with a 13 per cent rise to 24 million tonnes in the first half of this year compared with the same period in 1966. The411 words
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264 1987-08-13 19 JAPANESE CARRIER K' Line has claimed to be the first Japanese carrier to establish direct computer links with the US Customs Service. Its "live" interface with the Customs's central processing unit started in Seattle port on July 27, and it is currently264 words
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148 1987-08-13 19 Reuter THE INDIA-Pakistan-Ban-gladesh-UK-Continent conference has suspended a proposed surcharge on cargoes loaded in Bombay because congestion caused by a strike has eased. Docks manager M A Rub said yesterday that the surcharge was to have come into effect last Friday but the conference suspended it withoutReuter - 148 words
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PORT SIDES
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Article90 1987-08-13 19 A PIRAEUS COURT has ruled that a ban on overtime, evening shifts and Sunday working by the Federstion of Greek Port Employees is illegal. The ban, which had been in operation since early May, had caused considerable problems in major ports and Piraeus Port Authority90 words
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Article82 1987-08-13 19 AMERICAN PRESIDENT LINES has agreed to sell three of its C5-class breakbulk freighters to the US government for US$l5 million. The three ships, the Presidents Jackson, Taylor and Adams, have been maintaining a semi-tramp service between the US and Asia for the past decade.82 words
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646 1987-08-13 20 ike «DUG BGJKSQB AP SHIPPING in the Persian Gulf is booming despite rising tensions in the srss and the resulting jump in insurance rates, shipbrokers said on Tueeday. The main reason is a significant increase in oil production by the Organisation of Petroleum ExportingAP - 646 words
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Article, Illustration83 1987-08-13 20 Reuter MINES bobbing through a crowded shipping haven on Tueeday brought a new menace to vessels plying the Qulf and threatened to disrupt the US navy eecort of Kuwaiti tankera. Three mines were spotted among tankers anchored off the United Arab Emirates port of Fyjairah, aReuter - 83 words
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258 1987-08-13 20 Lloyd 's List A CONVENTIONAL SERVICE linking Antwerp with Mediterranean ports is to be extended to offer container capacity. Beirut-baaed Cedar Star Lin# haa joined forces with Montreal firm Canbel Lines, a division of Sterling Maritime Ltd, ,to provide a box serviceLloyd's List - 258 words
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105 1987-08-13 20 Reuter LONDON ship insurers on Tuesday confirmed they had introduced war risk premiums for ship hulls in the Gulf of Oman south-east of the Strait of Hormuz. Vessels sailing to the United Arab Emiratee ports of Fujairah and Khor Fakkan must now pay aReuter - 105 words
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342 1987-08-13 20 Reuter THREE refiagged Kuwaiti tankers arrived aafaiy in Kuwait after a tense trip up the Gulf, where the growing threat of mines has prompted Britain and France to send minesweepers to the aree. Britain and France said they would send minesweepers to the region afterReuter - 342 words
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Article703 1987-08-13 20 A» Shpg V s lie lie Shpg IV 3 ABC Contotnoi VM 1 logistics Tpt IV 2 Accord Shpg VI 3 I Brosjle.ro IV 2 Africa Oceon X 2 lloyd Triestmo IV 4/5 AII trans va 3 lykes linos M 7 Aaoricon Tpt X 2/3 Mod* Sdn703 words
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Article1421 1987-08-13 20 A FURTHER gain is reported on Tuesday in the rate for grain chartering from the US Gulf to Japan, with U5517.25 paid for an August loader, compared with the Beltic sub-index for this voysge of $16.967, ship brokers said. Business from the Gulf was otherwise slow to develop1,421 words
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Article174 1987-08-13 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line174 words
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201 1987-08-13 21 Seatrade Week THE SHIPBUILDERS' Council of America, which warns that the "light will go out" in US shipyards after the November delivery of the last of three Sea-Land vessels, has disputed Mar Ad's claim that the US government has poured US$5B billion into yardsSeatrade Week - 201 words
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519 1987-08-13 21 Reuter THE BALTIC Freight Index (BFI) approached its all-time high of 1,102 points set eariier this year following a 14-point gain to 1,074 on Tuesday. Dry cargo futures on the Baltic International Freight Futures Exchange (Biffex), which trades against the BFI, have already anticipatedReuter - 519 words
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194 1987-08-13 21 WITH A CONFERENCE attracting top speakers from all over the world and two halls now almost filled with famous name exhibitors, World Freight is set to become the "world showcasr" of the international freighting industry. The show this year will have much stronger participation194 words
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Article197 1987-08-13 21 ALL SURVEYS are conducted on July 27. Argentina Buenos Aires Waiting time of up to three days. Auatralla Brisbane, Melbourne and Sydney Normal operation. Bangladeeh Chittagong Waiting time of one to three weeks. Brazil Santos Waiting time of up to two days. Cameroon Douala Normal operation. Canada Vancouver,197 words
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343 1987-08-13 21 INMARSAT it •••king propoeals for research and development programme in various techniques involving the use of satellites for navigation and position determination. Inmarsat ia the 48 member-country cooperative that operates satellites to provide maritime and aeronautical mobile communications services worldwide. "We are now343 words
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292 1987-08-13 21 KINGSLEY WOOD - By KINGSLEY WOOD THERE WERE complex difficulties in bringing about changes to the performance of Australian container terminals and depots and to stevedoring generally, Mr Ivan Deveson, chairman of the government's Importer/Exporter Panel, said in Sydney. Among them was the frequently limited delivery292 words
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161 1987-08-13 21 INCREASED DEMAND for fresh fruit in Asia haa prompted the Port of Seattle, which borders one of the world s great apple-growing areas, into expanding its on-dock chili facilities. The port has inaugurated a new US$3.5 million fruit-handling faefyity at its terminal 91 complex161 words
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Article7889 1987-08-13 26 AARHUS Tang Ha. China Ocaan Shpg, Aug 13. Lauat Maerak, Maerak Una. Aug 13. Evar Group. Evargraan, Aug 13. Ming Univaraa. Yang Ming Una. Aug 13. Banavon, Triot. Aug 17(PK). Sd Gallia. ScanDutcht. Aug 17. Pacifiic Sunahina, ScanOutcht. Aug 18. Evar Garden, Evargraan. Aug 19. Andera Maarak, Maarak7,889 words
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Article1032 1987-08-13 26 THIS FORTNIGHTLY report. compiled by Cockett Marin* Oil LM. shows pries ranges |ir US dollars, instaad of single prices for more comprehensive description of the marketPrices shown are based on averege sized stem. Market movements are indicated. The Cockett Bunker Price Index change and ttt# individual changes1,032 words
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Article136 1987-08-13 26 Area/Port Ml... 1, ,l|„ v isc ot fry Denatty Water C3T at 50C G/ML at 15C Volume 0/0 Africa/Red Sea *4 Jeddah 35/196 0.923/0.955 0.1/2.2 Durban 24/186 0.950/0.992 0.0/0.3 Arabian Gulf w«»r lit Ros Tonura 154/190 0.949/0.950 0.0/1.0 Bahrain 168/183 0.976/0.977 0.1/0.1 Europa Rotterdam 29/504 0.935/1.010136 words
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Article530 1987-08-13 27 AT CONVENTIONAL WHARVES VmmI B»rth Arrival Departure KEPPEL WHARVES B*rkn Hdd K2B o'ongvd* 1308/1300 Brinlon lyk* K36 olongud* olongud* 1308/2300 Co»omorco M KI6 13 08X1700 Ca'OKO'ca N (X olongud* 13 *****0 Oiongdu *33 olongud* 15 08/2359 fori N*Hon K29 olongud* 1508/2300 KI5 o'ongi'do 1308/1500 Guongh* K3S olongud*530 words
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Article948 1987-08-13 27 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdvw FCL Arrival LCL movamant Ship Voy datv/tima Operator cargo achadula Location B Melor 284 *****7 2000 leo Shpg F5A 1000-1200 C7 N Diomond 7IW *****7 2100 MAPI F5A 1200-1300 El Rom Bridge 8 14 0887 0300 KOwOSOki FSA 1400-1500948 words
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Page 19 Advertisements
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Advertisement866 1987-08-13 19 mm* How S.K. Asia apart thr logical West HILARIOUS. TRAGIC DANGEROUS. Available at all Good Bookshops OOCL Orient Oveiqeas CtUcim* Line Mom mmrm namop anm. mm oom •llll* 300 tmtmmm< »■< <12-061ni>ii tiupnn OCT Mill/ Tti zzuni mix no w »in ogn TUMINAL/CFS TM *****11 220 bookims Ttf atot as866 words
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Advertisement82 1987-08-13 19 [KMDB SHIPPING In the Persian Gulf is booming despite rising tensions In the area and the resulting jump in insurance rates. The main reason is a significant rise in oil production by Opec, shipbrokers said. P«g« II THE BALTIC Freight Index (BFI) approached Its all-time high of 1,102 points set82 words
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Advertisement1068 1987-08-13 19 SHE HAD POWER. SHE NEEDED LOVE SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE Bui whal is ihe price she has paid? Z. Available at at good bookahof* MAERSK LINE MIDDLE EAST SERVICE FAST TRANSIT SIN/RIYADH —11 DAYS SIN/SHARJAH —11 DATS Tn« net Anders M Ctoemg Time CY1,068 words
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Page 20 Advertisements
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Advertisement356 1987-08-13 20 TRANSPORT EUROPE/FAR EAST CONVENTIONAL SERVICE VSL PT. of LOCf. DATES KARYATIS Rostock SaiM eleftneria h jf ii sim -£LAR€ Luaback-HaMburt SaiM PT. KLANG VI V> iwm un PAMBES Itrwmi lli«iin| SaiM TM Brseisw Hull 2M/| i/|| TW 24-3/1 4/M Furth#f "OM/ discharging pom en routs subject to auMctonl inducement -.Singapore356 words
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Advertisement24 1987-08-13 20 J-' o**0** ,nd ««rvlces represented by -Members of the Registry of Accredited Members of the Registry of A Shipping Agents, Singapore Shipping Association National24 words
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Advertisement381 1987-08-13 20 CHARGEURS REUNIS f.*.; CD KMNTI HOIK Ct DOUALA S ,A P' V- i S jl'tfc'f 14 CATAMARCA II ftTTu mOOIA 2M LUB m LOADING DIRECT FOR; iA-tcumoN p.nomc Pttmu uatcvua At* 3 Sopt S W 20Sop< IS* I Oct Optorg Shipping Pte. Ltd XEL M A WW C. T«m tw381 words
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Page 21 Advertisements
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Advertisement948 1987-08-13 21 The Straits Steamship Group P Mansfield Container Shipping PteLtd Pfcorr p& xOCVAjL Containers Limited STRAITS SHIPPING Singapore to Sabah, Smawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK/COIfTMENT: PEGASUS PROGRESS PEGASUS PROGRESS BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****60 RAJAH BROOKE KRIS HELELA VISE Muars, Lab. KK VUESfdu. Kuch STRAITS948 words
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Advertisement483 1987-08-13 21 EUROPE/MED n- r. 11 E£ m ui7 tu7 run EE 7M n r M i H N EE 711 tIH IMI I7JI ■in iu aaa si USA PANAMA f N 111 ATM Ef SEMTN EF SERATM Ef lATN EF 85 16 i4.il Ima az.ii i7.li II'.; liiivi'ii in TO WEEKLY483 words
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Page 22 Advertisements
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Advertisement224 1987-08-13 22 5C Hapag-Lloyd CONTAINERSHIP SERVICE TO UK/CONTINENT AIL UK INLAND DESTINATIONS BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG. MALMO HELSINKI. OSLO. AMSTERDAM CARIBBEAN S AMERICA CONV/SEMI CONTAINER SERVICE TO EUROPE CONV SEMI-CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK'CONTINENT kgents Singapore *****66 K. Lumpur *****2S Booking *****78 P. Kelang *****18 Freight *****00224 words
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Advertisement603 1987-08-13 22 N=«' HC.S.LINE KMtii immmt cwrmtrm FULLY CONTAINERISED SERVICE [10 FUROPf VIA SUf 11 Mfmb 01 ,hf Cf Consort*™ NEPTUNE DIAMOND 71W ORIENTAL CHIEF SSW KOREAN JACEJIN «W CHINA CONTAINER 41* NEPTUNE CRYSTAL 41W LaHavrt R dam Fltowo Hhuf| Bha»a« M/ 8 1/9 2/9 4/8 5/9 7/9 9/9 10/9 12/9 13/9603 words
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Advertisement431 1987-08-13 22 T»7TTT>I SAILINGS EVERY MONDAY ACCEPTMQ CARGO (LCL FCL) FOR: DAKAR. FREETOWN, MONROVIA, ABIDJAN. TEMA, LOME, LAQOS DOUALA M I. ...I I, t Singapore Rffnts BAKKI MMI lIARHY SMtf'f'lNC. I'll I II) lei ffildXH S3S?J?t> P. INDIA STEAMSHII EXPRESS FCL/LCL FORTNIGHTLY CONTAINER SERVICE TO MADRAS HALDIA CALCUTTA CHITTAGONG CHALNA MAD* HAL*431 words
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Advertisement1188 1987-08-13 22 EVERGREEN Full Contiiner Srrvicr Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) ever gather im an m n* EVER GUIDE/EVER GROWTH 20* 30/B 1/9 1/9 ever living in at jn tn EVER GIANT/EVER GENIUS 0/9 12/9 14/9 20/9 EVER GLORY/EVER GREET IS/9 20/1 Z2/9 27/1 EVER LINKING 23* 27* 29* l/» SGP HKG KSG1,188 words
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Page 23 Advertisements
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Advertisement518 1987-08-13 23 x A PACIFIC INTERNATIONAL LINES \W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE 1 ."i. VESSEL VOY SIN MY SMO SIN BLW PEN SEA FORTUNE (729 SM SM SM SM In Pt 14/ i INTEGRA 1701 SM SM 1«/B IS/B518 words
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Advertisement176 1987-08-13 23 NORBUL *y NOPBULK CARGO SERVICES LTD REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICE TO UK/CONTINENT PORTS SP PK LOADING FOR MARKOS LYRAS NB9 In Port 110 NANTE^ROAM/ANT/UK,' BAUCI NBfO 2M 27/1 SETE/RDAM/ANT/UK TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AGENCY PTE LTD TEL *****6 MALAYSIA SP YEO SHIPPING I TRADING KL176 words
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Advertisement598 1987-08-13 23 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT tmhmtm 17* •mm* 20* 224 by ZM 23* t*» m* n« CHy <( Ed.nWf* 4* bf Frankfurt Eiprau 11* Uft Ou«u Bay 11* Uft Kitano thru 2M 2M Ray a* va Cisrnt 4.10 i,M c*r*aM Ik am am •WW IMB M/M598 words
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Advertisement525 1987-08-13 23 EXPRESS SEMI CONTAINERSHIP SERVICES SRIWIJAYA/21WB L. J. lONTANC/12WB OCEAN PRINA/SM MATARAM/ISWB PALEMBANC.7WB GANOA GA3IA/19WB ANTWERP BILBAO BREMEN A DAM/R DANH'BURC ISfi l|/t an 3/10 7/10 :o 10 17A0 ?010 m» 1/11 1111 I*ll 23/11 Sublet to lnduc*m«flt Also accapMng cargo to Caaatotanca, Port Said, Port AJasandrta, Qanoa, Trtoato. ALSO ACCEPTING525 words
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Advertisement368 1987-08-13 23 BOUSTEAD SHIPPING AGENCIES 1* PA AN VII3V SIT-TWAY V3IE HANDALAY VU HTONcrwA mm loading for Europr BURMA FIVE STAR SHIPHNB CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 12/14 A«| 14/1 C Au« 2VSA« S/13 Aug IS/17 Aug Discharging only BANK UNE EXPRESS SEMI-CONTAINER NORTHBOUND TO UKC368 words
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Page 24 Advertisements
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Advertisement1165 1987-08-13 24 K"LinE SHIPPIFIG-OATfi gZHBHwe fiSB&Sg EH S3& ATLAnTIC CDAST (Round-The-World Service) RAINBOW BRIDGE VB N GARNET VlO •VIA FEEDER NYC HFX 19 Sep 23 Sep 26 Sep 30 Sep PACIFIC SOUTH-WEST FEEDER VSL -PK/PNG SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK RAINBOW BRIDGE V 8 Sid 14 Aug HENRY HUDSON1,165 words
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Advertisement675 1987-08-13 24 r '/ie AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers F««dr PMtflf I Lin* ins* S port IkMb from Srdn Ate Act* m, U "CHANDIDAS" tv 6 S«pt 71 Sepl X Sept 21 Sep* AM Bris CALABAR *37 29 Auf "KABIBOAS' V 36 77 S«X 12 Oct 71 Ort 1» Oct675 words
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Advertisement784 1987-08-13 24 GOLDEN LINE ftQ.ttV GUAN GUAN SWUNG (PTE) LTD V 23. IM Ayr Strwt "——J SKtfOK 0104 m i34MM (II IKS) F«i S343SM STRAITS/PERSIAN GULF SERVICE: Spore P KeiangPenang GOLDEN BEAR Cckxn&o KarachrDubai 21/22 Auf GOLDEN HARVEST Color, bo KanchrHdusut Dubai 8/10 Sept— CHINA SERVICE A VESSEL Sharfhai'Hjinkang 24/21 Au| CHINA784 words
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Advertisement470 1987-08-13 24 rM EAST/FAR EAST in PHI LI Oni€NT LIN €5 PT€ LTfJ HEAD OFFICE 63 fIOJINSON ROAD -07 1? AFBO ASIA SU'IOINS SINGAPORE CICS TELEX RS ?87?0 PHILI FA» ??SSG 6 -Edts USA SERVICE iw. a* MED UNE K.V. TRUSH K SMI R NOV EURO TRANS-BLACKSEA CONTAINER LON. F STOWE. S470 words
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Page 25 Advertisements
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Advertisement828 1987-08-13 25 NEPTUNE ORIENT LINES LTD SK NEPTUNE AGENCIES PTE. LTD Ft EU/AUST TPA/StA Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 £0} J 52 *****18 27*141 NEPLINE SDN BHD. 36M87 A UT A NEPLINE SON. BHD *****33 imwimis imm NEPLINE SDN BHD *****5/627«0/627it1/«27*i2 NEPLINE SDN BHD *****0/*****1 An EAST/EUROPE FULLY CONTAINERISED SERVICE828 words
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Advertisement193 1987-08-13 25 4* TAYO SHIPPING LINES PTE LTD TEL *****25 (3 Ll»«t) TLX RS SSIOI TAYOIN VESSEL ETA ETD DESTINATION PIYA I 28/8 3/9 KRABI/COLOMBO* SINAR MEGA 18/8 19/8 PEKAN BARU/DUMAI A VESSEL 13/8 14/8 BATAM A VESSEL 25/8 29/8 BANGKOK A VESSEL 20/8 26/8 PORT MORESBY, LAE, TERNATE J REGULAR SERVICES193 words
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Advertisement487 1987-08-13 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN, INCHON Vmml'i Nam* M Ent«rpritt/712N No 7 Donam 7KN No I Donjm 706N No 6 OonjmTOtN Car(obay/71tS No 9 Donam 70SN M Enterprise 713N No 7 Donam SPORE AGENTS NEPTUNE AGENCIES PTE LTD T»l *****12.*****34 TZ77SIO *****22487 words
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Advertisement833 1987-08-13 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: ns L!m*\ T*rmii»i n« 1100**11 HSSik"'" 5 SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** M/S HANDLING SYSTEM CO SON BHD Efiff ma,l runic ft 'isssx&itr.ra wis W3 HANDLING SYSTEM CO SON BHD833 words
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Page 26 Advertisements
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Advertisement299 1987-08-13 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Linesl FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO VEB DF UTF R ACHT 'SEEREEDERE I p, nr.. in ■rrrrwTirrt TO EUROff 1.J.. v, I'. I'. '.V.' 1' 'I ■EMCMf "VIA COLOMBO: Accepting carpi for INDIA Bombay, Cochin299 words
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Page 27 Advertisements
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Advertisement265 1987-08-13 27 Will CALL US P. T KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****68 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER I. BUTANG 365 I BUTANG K MTHR VSL PACIFIC SUNSHINE SO GALLIA KORRKAN iUTLANMA OTHER DESTINATIONS: AARHUS. AMSTERDAM.265 words
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Advertisement277 1987-08-13 27 CONTAINER LINE DAILY ACCEPTING LCL/FCL TO:- n if. HI K TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO; DAKAR, CONAKRY m ZUB ABIDJAN, LOME 21% m CONTONOU, OOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA Bookings MAC-NELS AGENCIES PTE. LTD. MAC-NEU Tel: *****44 (22 Lines) P. Kelang Tel SSL »TWI P'TSRE!"277 words
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Page 28 Advertisements
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Advertisement433 1987-08-13 28 FARGO SHIPPING COMPANY (PTC) LTD REGULAR EXPRfSS FUI I CONTAINFR AND LCI SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From UBA/Canada/Europ*/M«dH«rran«an 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 P.T. UNITED SHIPPING ORGANISATION LTD I Jf" DIRECT REGULAR433 words
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Advertisement684 1987-08-13 28 S M N (SOCIETE MAURICIENNE DETJAVIGATION) INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE Vessel SPORE LOADING FOR FLAMBOYANT GASIKARA 23/8 Pt Louis, Reunion, Durban, Capetown, Pt Elizabeth, Tamatave 12-15/9 Pt Louis, Reunion, Durban, Capetown, Pt Elizabeth, Tamatave G.rv. A..n- SEALION SHIPPING (SI PTE LTD TFI .VOSMI 222"''" TFt FX RSJ43S4684 words
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Advertisement369 1987-08-13 28 9K "H Mitsui OS K Lines Lid CONVENTIONAL/SEMI-CONTAINER AFRICA'S v--NO NEDLLOYD MOJI EAB33A ASTRA PEAK SWA 26A SUBJECT INDUCEMENT WATERGEUS W/A7A RAINBOW AVENUE WAB3A Rmks: Subject Inducement SA VAAL 3531F NEDLLOYD COLOMBO 3630F OSAKA MARU VOY 3735F HAYAKAWA MARU 3834F Mombasa Daressalam Port Louis. Reunion 16 Aug Apapa/P Harcourt 17369 words
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Page 28 Miscellaneous
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Miscellaneous11 1987-08-13 28 I U MM B 1-S MM. «W M-MkM < JL imftci 0~-11 words
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