The Business Times, 13 January 1987
1987-01-13
1
26
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The Business Times
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Title Section12 1987-01-13 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, JANUARY 13, 1987 75 CENTS12 words
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Article, Illustration190 1987-01-13 1 Exchanga rates THE SINGAPORE dollar closed marginally higher at $2.1675/85 (2.1680/90) against the US dollar in the forex market yesterday. But it fell to $3.1987/2024 (3.1891/1927) against sterling. The local unit remained steady against the M$. but weakened slightly against DM and yen. US$: 1 yen, 1.9050/60190 words
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426 1987-01-13 1 TROUBLED COFFEE GIANT Teck Hock Co has won a respite of one week during which it is to conduct negotiations with several buyers who have shown interest in the group. BT understands that in a meeting last Friday, the nine creditor banks426 words
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Article, Illustration528 1987-01-13 1 MARTIN SOONG - Linn In Hua tipped to be next president By MARTIN SOONG FALLOUT from the recent rash of company failures has reached the top echelons of the Singapore Chinese Chamber of Commerce and Industry (SCCCI). Elections currently underway for the chamber's 44th council have already528 words
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474 1987-01-13 1 FOO CHOY PENG - By FOO CHOY PENG, Chief Reporter PUBLIC SERVANTS will not get the incentive payment for the second year running this July. Additionally for most of them, the annual increments that they get will be partially offset by a cut in474 words
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339 1987-01-13 1 Reuter AN AGREEMENT among European finance ministers to realign their currencies within the European Monetary System was unable to stem sale of US dollars yesterday, dealers said in Tokyo. The dollar edged higher against the major currencies just after the agreement, butReuter - 339 words
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Article, Illustration319 1987-01-13 1 CONTINUED STRONG buying by institutions on the Singapore stock market pushed the Straits Times index to a 29-month high yesterday. The leading market indicator jumped 25.96 points to close at 951.46, its best level since August 15, 1964, when it closed at319 words
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129 1987-01-13 1 UPI BULLS WENT WILD on the Hongkong stock market yesterday, more than reversing the previous session s sharp falls to spur the Hang Seng Index to a record close of 2,614.87, up 53.14 points. Volume was a healthy HK$l.3 billion, aboutUPI - 129 words
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Article110 1987-01-13 1 Reuter WEST GERMAN interest rates could fall very soon, French Finance Minister Edouard Balladur said in Paris yesterday. He was speaking to reporters on his return from Brussels, where European Community finance ministers decided on an EMS realignment by which the mark was revalued byReuter - 110 words
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Page 1 Advertisements
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Advertisement120 1987-01-13 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM "ITS A COMPUTER SCREEN. ITS A T.V. MONITOR ITS WORRY FREE UNTIL THE END OF 1990!" "IT'S A SONY!" ye RANi BE KX-14CP1 Computer graphics, Video Movies or TV have never looked finer! Sony's Super Trinitron colour monitor displays bolder hues and sharper contrasts.120 words
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Advertisement314 1987-01-13 1 Details, Page 13 Gone are the booms and THE ECONOMIC CYCLE was almost always there, a perpetual motion machine that propelled the nation through booms and busts. Yet. for several years now, the cycle has been dormant, with the economy moving listlessly month after month. Economists find this phenomenon hard314 words
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Advertisement109 1987-01-13 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Asian Stocks, Paga 11 Vtowi from analysts, Psqs 14 lobe perfectly franc, it's the million dollar question. Fbund far pound, every yen counts. Mark our words. \su know it makes cents. The best way to earn higher interests on your savings is via our109 words
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HOME NEWS
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Article, Illustration534 1987-01-13 2 BRIAN GOMEZ - By BRIAN GOMEZ EWO SINGAPORE has taken orer responsibilities for oil marketing activities in Hongkong, China, Taiwan and Guam, following last year's reorganisation of the aix regional companies controlled by US oil giant Exxon. With the closure of Esso Eastern, Esso Singapore has taken Over534 words
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75 1987-01-13 2 THE CONSUMERS' Association of Singapore (Case) is organising a dinner and dance on Jan 18, at the Neptune Theatre Restaurant to commemorate its 15th anniversary and raise funds for future programmes. Ong Teng Cheong, the Second Deputy Prime Minister and NTUC secretary-general, will be75 words
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292 1987-01-13 2 A SUIT was filed by the Cold Storage group yesterday claiming that negligence of an insurance company and a firm of insurance brokers had caused it to suffer damages amounting to about $2.85 million. The group is suing The Overseas Assurance Corporation Limited292 words
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160 1987-01-13 2 CALTEX has integrated its refining and Far East supply activities. Since Jan 1, the oil company's interests in Singapore Refining Company (SRC) as well as its regional supply operations have been coordinated by Caltex Operations Ltd (Calops) in Singapore. Heading Calops is general manager E160 words
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168 1987-01-13 2 THE SINGAPORE Petroleum Company raised wholesale prices of its products yesterday. It was the fourth oil refining company to revise prices upwards since BP Oil International started the round on the last day of December, followed by Shell and Mobil on Jan 9. The168 words
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351 1987-01-13 2 QUEEN'S Counsel Donald Martin Thomas, representing Workers' Party leaders J B Jeyaretnam and Wong Hong Toy, yesterday urged the Court of Criminal Appeal to consider a challenge of and appeal against the conviction and sentence imposed on both men last November for making a351 words
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Article, Illustration293 1987-01-13 2 EDWIN PAIS has been named managing director and regional manager of Hersean Pte Ltd. Hersean is the South-east Asian regional office and whol-ly-owned subsidiary of Hercules Incorporated. Mr Pais was previously the sales manager, reporting to WALTER DUNCAN, who has since been promoted to president Hercules Far293 words
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Article, Illustration425 1987-01-13 3 GOH YEE LING,CHARLES SAVAGE - By GOH YEE LING,CHARLES SAVAGE SEVEN DAYS of near continuous rain have dampened retail business, increased absenteeism and delayed construction work. But every cloud has its silver lining: a week of wet weather has meant a 20 per cent increase in425 words
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Article, Illustration87 1987-01-13 3 TELECOMS has appealed to subscribers for "understanding and patience" in the face of a backlog of telephone faults that has developed following five days of continuous rain. Efforts are being made to restore service as soon as possible, according to a Telecoms statement. Telecoms said87 words
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Article493 1987-01-13 3 Seminars and courses DURATION TITLE VENUE ORGANISER TELEPHONE Jon 23-24 Essentials and Hotel Plaza lePoch Management *****96 Practical Aspects of Associates Payroll Jan 26 Strategies for Mandarin Hotel National *****76 Investing in the University Stock Market of Singapore Jan 26-28 Valued Added Workshop National National *****66 Productivity Productivity Board493 words
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432 1987-01-13 3 CHUANG PECK MING - By CHUANG PECK MING THE JACK CHIA-MPH group is spending $1 million to open the biggest single-floor bookshop in Singapore. The bookshop, measuring 20,000 square feet, will be located in Parkway Parade, the space now occupied by Isetan's basement level. It will432 words
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Article66 1987-01-13 3 THE PUBLICATIONS division of the MPH group has become the sole distributor of Readers' Digest in Singapore and Malaysia, taking over the exclusive right from Dasaratha Raj C R Pte Ltd. In Singapore, the English edition of Readers' Digest has a circulation of 53,000 while that66 words
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Page 2 Advertisements
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Advertisement341 1987-01-13 2 Prompt pick-up and deßvery 24 hours a day GENUINE LEATHER MADE PRICELESS BY BMW. The BMW 520 i is now fitted throughout with a luxurious, hand-tooled leather interior, at no extra cost. The smell, the feel, the craftsmanship, even the look of it tells you that this is no ordinary341 words
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Page 3 Advertisements
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Advertisement184 1987-01-13 3 "Our long tradition of forging links between markets now has a new name/' r- mm xm: 'V>. v-crai. :S For decades, European Asian Bank was recognized as a reliable banking partner specializing in trade finance and in helping clients forge new links with promising markets throughout Asia and in Europe.184 words
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ASIA-PACIFIC
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Article, Illustration390 1987-01-13 4 Trade Representative warns of retaliation AFP US TRADE REPRESENTATIVE Clayton Yeutter has denounced Japan for not abiding by its agreement with the United States on exporting microchips to third countries. In an interview with the television network ABC broadcast on Sunday, Mr YeutterAFP - 390 words
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Article197 1987-01-13 4 AP AN INDIAN political leader who is an ex-movie star says politics is great but doesn't pay the rent. So he's going to play a Hindu saint in his 293 rd film to pay his party's bills. "Our party is in dire need of funds andAP - 197 words
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288 1987-01-13 4 UPI SOUTH KOREA will send a powerful trade mission to the US in February to purchase US$6OO million worth of American products, including jumbo jet liners. Government officials in Seoul said last week that the dispatch of the "buyingUPI - 288 words
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177 1987-01-13 4 UPI THE PALESTINE Liberation Organisation has ordered its offices worldwide to facilitate the return to Lebanon of PLO fighters previously forced out by Israel, according to Arab sources on Sunday. A message to that effect was given last Saturday at a closedUPI - 177 words
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234 1987-01-13 4 AFP THE CHINESE Communist Party issued on Sunday three sets of regulations for implementing factory management reforms giving directors full responsibility for production. The New China News Agency (NCNA) said the regulations would promote a shift from the previous system, where the directorAFP - 234 words
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522 1987-01-13 4 Reuter AMERICA is monitoring China's student unrest but does not see the events as implying a threat to Beijing's reform policies or a challenge to leader Deng Xiaoping. according to diplomats. The State Department has said simply that the pro-democ-racy protestReuter - 522 words
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149 1987-01-13 4 AFP THE TIME has come for the Indonesian government to declare war on smuggling and to impose tough penalties on those involved. Indonesian business leaders say. Sukamdani Gitosarjono, the chairman of the Indonesian Chamber of Commerce and Industry, said executives were alarmed byAFP - 149 words
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274 1987-01-13 4 Reuter THE PHILIPPINE foreign debt is expected to rise to US$2B.7 billion this year from US$27.B billion at the end of 1986 as the current account swings into deficit. But the government budget deficit was projected to fall to 19.8 billion pesos from anReuter - 274 words
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192 1987-01-13 4 Terrorism here to stay Punjab police chief AP PUNJAB police chief Julius Ribeiro said on Sunday that terrorism could not be wiped out and that Indians must adjust to living with it. Ribeiro's statements, made in the north central Jalandhar city, came one day after Sikh terrorists assassinated a topAP - 192 words
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383 1987-01-13 4 AFP FRENCH Prime Minister Jacques Chirac is using a diplomatic row with Australia to divert attention from his political troubles at home, according to Australian government sources. Chirac takes New Caledonia personally, and he has decided to attack Canberra's views on the troubled FrenchAFP - 383 words
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Article784 1987-01-13 4 ARRIVALS Operator S*rvk* Local From numbor Mm* Al A1432 1005 80M/MAA/KUL CPA CX710 1015 CGK MAS MH603 1020 kul »A IM21 1030 IWN GlA GA960 1100 CGK SU SQ105 1105 KUL SW« SKI 62 1145 ZRH/KHt/CMB SIA SO 201 1145 CGK THAI TG403 1155 IKK SU SQ191784 words
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Page 4 Advertisements
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Advertisement192 1987-01-13 4 (|>rtll So much to choose for only $16.50 I—! >***• m -4 H JTi i I n It's a sumptuous spread! A superb selection of appetisers including oysters, shrimps and smoked salmon. Cold meats, seafood or steak tartare An enticing salad bar. Choice of soup. Pastries, truffles and fortes. Cheese192 words
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Advertisement56 1987-01-13 4 /I I W T The business person's choice, L/f I\/ILg VV every Tuesday, Thursday, Saturday I jl I\l I I Jy I and Sunday. Leaving Changi Airport -I—J -i-l—-*1- at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. Effective thru56 words
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Page 4 Miscellaneous
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Miscellaneous63 1987-01-13 4 Doonesbury SEE THE MARKINGS ON THE- THROAT AMP WINGS? THERE'S NO DOUBT ABOUT ITS IDENTIFICATION. I SHOULD UJARN YOU, THOUGH, MRS. D- TUB BACHMANS U/AROLER. HAS NEVER BEEN SEEN HJEST OFTBXAS 1 w ft r BY GARRY TRUDEAU 'Jj Xr%: 11 J rj.tj: V m I# MNTME THEHRST in HANDLE63 words
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REST OF THE WORLD
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477 1987-01-13 5 Reuter OIL CONSUMPTION in Western industrialised countries is likely to rise in 1987 but at a slower rate than in recent years, according to International Energy Agehcy (lEA) forecasts. Oil use in the 24-member countries of the Organisation for Economic Cooperation andReuter - 477 words
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163 1987-01-13 5 AP CUBAN PRESIDENT Fidel Castro blames rampant inflation for an austerity programme that is pushing up the price of staples and reducing food and petrol supplies, says Havana Radio. Because "the value of the dollar has increased three or four times it forces usAP - 163 words
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323 1987-01-13 5 Statistical snapshots Britain then and now UPI BRITAIN'S tax revenues have grown by more than 4,000 times since the heyday of Queen Victoria's reign, but there are a lot more Britons around to foot the bill. The British merchant fleet has shrunk to one-tenth the number of vessels sailing inUPI - 323 words
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Article, Illustration250 1987-01-13 5 AP SIXTY PER CENT of Americans hope their next president has different policies from President Ronald Reagan, according to the results of a Time magazine poll released on Sunday. Forty-one per cent of those questioned said "it would be better for theAP - 250 words
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565 1987-01-13 5 NYT A US ADMINISTRATION advisory council is deeply divided over how to address the growing problem of workers who lose their jobs because of imports or changes in the economy. The panel, the task force on economic adjustment and worker dislocation, wasNYT - 565 words
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433 1987-01-13 5 AP THE STANDING-ROOM-ONLY audience whispered words like "remarkable" and "amazing" as federal regulators, officials and members of the public glimpsed the future in the first over-the-air broadcast of high definition television in the US. During the demonstration last week at FederalAP - 433 words
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148 1987-01-13 5 Reuter SWEDEN, long one of the world's most generous aid donors, yesterday warned the 17 Third World countries it gave development aid to that human rights violations could cost them future Swedish support. The warning came in the budget for the new financialReuter - 148 words
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Page 5 Advertisements
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Advertisement108 1987-01-13 5 BOUTIQUE LANVIN Hyatt Regency Singapore, Scotts Road, Singapore 0922, Tel 235 4039'Hilton International Hotel, 581 Orchard Road. fOK>4. Singapore 0923 Tel. 734 4609. Business hours: Mon to Sat ioam-7pm, Sun nam-7pm And Lanvin Corners at leading department stores, frtshion and Leathergoods Shops at Singapore Changi Airport and authorised retailers HI108 words
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BANKING AND FINANCE
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537 1987-01-13 6 UPI EUROPEAN COMMUNITY finance ministers in Brussels, trying to quell speculation on exchange markets, yesterday agreed to revalue three of the seven currencies in the European Monetary System. After 10 1/2 hours of bargaining, the ministers revalued the West German mark and the DutchUPI - 537 words
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430 1987-01-13 6 SOH TIANG KENG - The Tokyo factor bankers still cautious By SOH TIANG KENG, Financial Correspondent BANKERS say it is still too early to assess the impact of the recent opening of Tokyo's offshore banking market on Singapore. Noting that the Tokyo offshore market has only operated for six weeks, a senior manager from430 words
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153 1987-01-13 6 UPI A LANDMARK court ruling has established bank interest as legal in Egypt and distinct from usury, a practice banned by Islam. The Al Akhbar newspaper in Cairo said yesterday that the appeals court in Ismailia had ruled against a request byUPI - 153 words
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278 1987-01-13 6 NYT FOLLOWING a slump in its trade surplus and foreign exchange reserves, Brazil is planning to seek between US$2 billion and US$3 billion in new money from its creditors, as part of upcoming negotiations to restructure foreign debt.NYT - 278 words
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Article281 1987-01-13 6 ASIAN DOLLAR deposit rates yesterday closed steady at opening levels in quiet afternoon trading. Short-dates were unchanged to slightly higher initially but were little changed subsequently. Overnight and Tuesday/Wednesday closed at 6-1/4 6-1/8 per cent each and week-fixed at 6-1/8 6. Period rates were little changed from281 words
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Article, Illustration86 1987-01-13 6 THE OVERNIGHT rate on the Singapore interbank market closed at 2 3/4 per cent yesterday, down 3/4 point from last Friday. The one-month rate was unchanged while the two-month and threemonth rates fell 1/8 to 3 1/2. raciits w ivtrigt 01 to print Mh| rates of 12 major86 words
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Article819 1987-01-13 6 SINGAPORE: The US dollar yesterday closed easier against most major currencies on late unwinding of short positions by European operators after news of the EMS realignment. It had firmed in the morning on short covering by Asian operators after news of the realignment. It fell in late trading819 words
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Article222 1987-01-13 6 Interbank rates at 3pm yesterday: Cyrrwdic Nominal ralN SmMhoonlftfi BM <mr tnm partly cftanga Local dollars to < mo unit of 1 Foreign currency: US doftar 2.1675 2.1685 2.8196 •23.13 Starling pound 3.1987 3.2024 7.3469 -56.46 Australian doNor 1.4413 1.4442 3.4286 -57.96 NZ dollar 1.1617 1.1644 3.4286 ■66.12222 words
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Article318 1987-01-13 6 HONGKONG: Gold yesterday closed higher on moderate local buying in the afternoon after a late sell-off of the US currency. Bullion ended at U*****.50/US$4lO.OO an ounce against an initial U*****.20/70. This compares with Saturday s close here of U*****.70/U*****.30 and New York's finish last Friday at U*****.40/90 Traders318 words
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Article605 1987-01-13 6 IN SPITE OF the stron-ger-than-expected employment figures last Friday, March Eurodollar opened 3 ticks higher at 94.10 as a result of a comment by President Reagan's adviser Beryl Sprinkel that the US discount rate could be cut if inflation remains low. However, profit-taking saw the market slipping off during605 words
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Page 6 Advertisements
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Advertisement171 1987-01-13 6 Crystal, The Timeless Gift r Mr Sun Ching Chean Adviser *r, u t m t v *£5 V t£si K iY0 C •41 A, fM sff Mr Wong Youk Wah Sa/es Executive A thing of beauty is a joy forever. Make the gift memorable this Chinese New Year with Prism's171 words
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Advertisement149 1987-01-13 6 A first class notel at an affordable price. The Shangri-La Inn Penang brings to the heart of Georgetown a standard of service never hefore seen in Penang. Its 426 guestrooms and 16 suites feature the finest in amenities. And heing centrally located in the heart of Georgetown it is the149 words
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WORLD BACKGROUND
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Article, Illustration669 1987-01-13 7 NYT AUSTRALIA, which sometimes used to think of itself as a satellite of Britain, is increasingly shifting from a European heritage to a future linked with Asia. Australians are more likely than ever before to learn Asian languages, eat Asian food andNYT - 669 words
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497 1987-01-13 7 NYT AFRICAN OFFICIALS and the World Bank, in an effort to reverse a 25year trend that has seen Africa go from being a net exporter to a net importer of agricultural products, are pinning their hopes for future economic development on agricultural research. ThereNYT - 497 words
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Article662 1987-01-13 7 Reuter CITIZENS of Bonn this month received their 1987 guide to garbage, a 40-page illustrated encyclopedia of waste and waste disposal. The directory, updated annually to keep pace with the advancing science of recycling and environmental protection, contains a lexicon of rubbish from abladegenehmigung (dumping authorisation)Reuter - 662 words
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920 1987-01-13 7 LEONARD SILK - World economy undergoing basic change, says professor By LEONARD SILK NYT PETER F DRUCKER, the Clarke Professor of Social Science at the Claremont Graduate School in California, contends that there has been a basic change in the world economy. The "real"NYT - 920 words
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Page 7 Advertisements
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Advertisement267 1987-01-13 7 a very hot book In a recent article, Newsweek referred to The Economist weekly news journal as "a very hot book" because of its boom in circulation over the last five years. Why is it that so many businessmen are taking out subscriptions these days? It's not to glance at267 words
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Advertisement8 1987-01-13 7 Tho mystery of tho dormant busiiMM cyclo, Pago8 words
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FEATURES
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Article498 1987-01-13 8 GO SLOW WITH the push to develop venture capital activities in Singapore, urged James McCoy, president of disk-drive maker Maxtor Corporation, in a BT report yesterday. For high-technology ventures to grow into ongoing businesses, a core of experienced technical people is needed. Such people are in498 words
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Article, Illustration1562 1987-01-13 8 PETER KILBORN - For more than a couple of years now, the business cycle the perpetual motion machine that propelled the US through booms and busts has been dormant. PETER KILBORN gets the views of economists on this phenomenon. PETER KILBORN NYT NOT SO LONGNYT - 1,562 words
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Page 8 Advertisements
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Advertisement88 1987-01-13 8 Strategic planning "All work and no play makes Jill a dull girl" and dull people don't make it to the top of any heap. Lifestyle is of crucial importance for all executives who realise that a healthy mind works better in a healthy body. To help executives plan their leisure88 words
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Page 8 Miscellaneous
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Miscellaneous680 1987-01-13 8 mrnbms mmmm CRYPTIC PUZZLE ACROSS 3 Napoleon's unaided efforts? (5) 8 The Wood children? (5) 10 Geographical area, possibly part of the Atlantic (5) 11 One s share of the joint profits (3) 12 He turns in with a broken leg (5) 13 Buried weapon? (7) 15 Sort of farm680 words
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SPORTS
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Article, Illustration424 1987-01-13 9 WALTON MORAIS - First issue of quarterly features last year's events By WALTON MORAIS THE PROFESSIONAL Golfers' Association of Singapore took another step into the future by producing a newsletter for members and the golfing fraternity. The first issue of the newsletter which is distributed free and will be424 words
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253 1987-01-13 9 AP ITALIAN Claudio Pistolesi and Brod Dyke of Australia scored first-round victories yesterday in the US$l.65 million Australian Open tennis championships at Kooyong, but both earned extremely tough second-round encounters. Pistolesi came from two sets down to defeat Florida-based South African MichaelAP - 253 words
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Article, Illustration472 1987-01-13 9 Reuter DENNIS CONNER, the man who will always be remembered for finishing second, is fiercely determined to snatch back the America's Cup. Losing yachting's most coveted trophy to Australia II in 1983, made Conner as famous as the radical wing-keeled boat which beat hisReuter - 472 words
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363 1987-01-13 9 Reuter PRIME America's Cup contender Dennis Conner has applied a controversial coating usually used on space rockets to the hull of his yacht, Stars and Stripes, yachting sources told Reuters yesterday. The polymer coating, called riblets, is made by the giant multinational 3M CorporationReuter - 363 words
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Article473 1987-01-13 9 Reuter QUARTERBACK Phil Simms passed for one touchdown and Joe Morris ran for another, as the New York Giants shut out the Washington Redskins 17-0 on Sunday to win the US National Football Conference title and a trip to the Super Bowl against theReuter - 473 words
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157 1987-01-13 9 AFP SCOTTISH football is winning the battle to entice supporters back to the game, thanks principally to Graeme Souness, Terry Butcher and company. The great Rangers revival has sparked off a boom at the turnstiles, resulting in a massive 39 per cent increase inAFP - 157 words
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Page 9 Advertisements
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Advertisement36 1987-01-13 9 puts model in •Ji»eg«.*r-1 a* oultrv. \utom;itir mmcmt'ni with compleu* calrntiar. Available in SINGAPORE: Robinson's Centrepoint Cortina Watch Centre Nanking Watch Tigress Changi Airport MALAYSIA: C. I.L. Centre Hilton Hotel Woo Hing Bros (M) Sdn Bhd36 words
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Page 9 Miscellaneous
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Miscellaneous1143 1987-01-13 9 to sm mm TUESDAY PREMIERE Coming Home 10.30pm, Channel 5 Jane Fonda (left) and John Voight won Oscars in this film about a paraplegic Vietnam war veteran who falls in love with his friend's wife. The film looks at the war not from the trenches, but from its effects on1,143 words
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Miscellaneous48 1987-01-13 9 Play gol£ the Sevvy way wmmB, m J Y*i U w > ,v« v K_ m w w S'S/</> '<SS/,SS, wwew rue g*ain oe rue gaass *u*$ Avmv f*om y oo, rue bacc wu. tumpamo *066 MOA£. WHEN 7H£ G*A//V AU*& /A AQA//VSr YOU, THE J 3ALC W/LL 570048 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration805 1987-01-13 10 Optimism spreading across Wall Street NYT ANALYSTS in Wall Street with long memories had even more reason than most investors last week to cheer the New Year's bullish burst that took the Dow Jones Industrial Average past 2,000 for theNYT - 805 words
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739 1987-01-13 10 NYT THE BOEING Co is one of corporate America's few world-beating exporters. And last month the aerospace giant demonstrated its prowess in foreign markets again by winning a fiercely contested contract to supply the British government with early-warning aircraft. Boeing's success was particularlyNYT - 739 words
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Article188 1987-01-13 10 Reuter GUINNESS PLC has named a new chairman and an executive committee to take over from Ernest Saunders, who has stepped aside until the UK government completes an inquiry into the company's affairs. Saunders said last Friday he would not serve as chairman and chief executiveReuter - 188 words
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Page 10 Advertisements
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Advertisement467 1987-01-13 10 <S'ii H m I aA m IS ir.V ALL YOU WANT *i»i mi* m .V- V v l« v vV O i -V Sfe 80 per person Lunch: 11 am to 2.30 pm dail Sundays Public Holidays: 8 am to 2.30 pm 181. Kitchener Road, Singapore 0820. Tel: *****22 2MB467 words
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Advertisement140 1987-01-13 10 S* |U£ v. Of 4)t I! fe liattf 'flf < #I r Outstandingly tender performances in many Long Jiang Shredded Beef dishes have made Daisy (pictured above) one of our most popular attractions. (Shredded Beef with Chilli and Garlic Sauce is a particularly hot item.) A prime reason to »Qi140 words
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ASIAN STOCKS
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Article354 1987-01-13 11 HONGKONG: The Hang Seng Index yesterday rose 53.14 points to a record closing high of 2,614.87. Trading was hectic on strong institutional demand. Brokers said the bullish sentiment was boosted by news that a consortium made up of Cheung Kong, Hutchison and Hopewell has proposed a HK$25 billion scheme354 words
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Article208 1987-01-13 11 JAN IS All Sincara Indus Asia Camant NT$ 2.37 31.20 Koiln 26 80 +nr 0.21 0.5 Kuochan Dav Laa Chang Yuan .24.20 1.2 Cathay Cona Chang Hwa Bank..... .37.70 47 JO 0.8 0.8 1 0.9 0.46 0.8 Uan Hwa Indus Nan Ya Plaa .20 80 36.20 +0.8 0.5 Chioo208 words
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Article387 1987-01-13 11 TOKYO: Shares closed broadly lower in light trading on concerns over a possible over-extended market and increased upward pressure on the yen. Investors were worried that the European Monetary System accord to raise the value of the West German mark could herald renewed upward pressure on the yen against387 words
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Article111 1987-01-13 11 JAN 11 Chall Sugar WON 2000 140 Kal Kangwon Ind 1021 ***** 1860 -39 9280 -40 Daalim Ind 486 15 2810 200 Daewoo Corp 940 •20 1700 -50 Daawoo Haavy 1285 -25 Lucky Ltd 1506 -20 Dalahin Sacuritlas Dong Ah Phar .5110 0100 170 8270 Oriantal Brawary 1350 50111 words
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Article406 1987-01-13 11 SYDNEY: Australian share markets closed firmer in heavy trading yesterday as takeover activity among media stocks and BHP and bullish signals from abroad encouraged buyers, brokers said. Higher offers for the Herald and Weekly Times and Queensland Press from News Corp and speculation about another counter-bid from Robert Holmes406 words
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Article166 1987-01-13 11 Reuter BANGKOK: The Stock Exchange of Thailand Index added 0.08 point to 214.94. Turnover totalled 1,63 million shares worth 205.5 million baht. The Book Club Index was down 0.10 at 193.23. Reuter JAM IX 1 Ao Kham Thai. Ayudhya Invaatmant Bangkok Agro-ind IANT 116 246 78 4 -2 -35Reuter - 166 words
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Article75 1987-01-13 11 JAN 12 POM Acoja Mining Oriental B 0036 .0 0660 0 001 0.006 Anglo Ptiil 0 0032 -0 0006 Pttilax B .0.52 002 0 062* Ptcop B 5 Alia* Con. B 20 SO 0.5 PLOT 297 50 undi Baste P*»rol*ufn 0.013 •R San Miguel B Saafront Sim* Darby 11175 words
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Article83 1987-01-13 11 Reuter THE MITSUBISHI BANK has acquired an additional banking licence which will allow it to set up an unlimited number of branches in Hongkong. General manager Takeshi Tange said on Saturday the licence was acquired from the Mercantile Bank Ltd, wholly owned by Citicorp, for anReuter - 83 words
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271 1987-01-13 11 FT THAILAND'S central bank is poised to impose stringent disciplinary measures on Siam City Bank, the troubled Thai bank, starting with a big reduction in its capital. Siam City failed to increase its capital from 800 million baht to 1.8 billion baht (U5568.99 million)FT - 271 words
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179 1987-01-13 11 Reuter SOUTH KOREA plans to sell to private investors shares held by state-run bodies in 12 companies. Economic Planning Board officials said last Friday the book value of the shares to be sold in the first half of this year was 51.29Reuter - 179 words
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190 1987-01-13 11 Reuter JAPAN AIR LINES CO LTD is studying proposals to streamline the company before its July 1 privatisation, including staff transfers to subsidiaries. JAL spokesman Geoffrey Tudor said last Friday: "We are studying various proposals to improve the efficiency of the company as weReuter - 190 words
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163 1987-01-13 11 AFP MICHELIN of France is to form a joint subsidiary with the South Korean tyre manufacturing company, Wuon Poong Industrial Company, to produce radial tyres in Yangsan, South Korea. According to Michelin, under terms of a just-concluded agreement, the subsidiary will begin toAFP - 163 words
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Page 11 Advertisements
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Advertisement428 1987-01-13 11 Witter to ~mim, dtoe aai eaMii Start ofA New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood. Gado Gado. Sate (Satay). spicy Rendangs, Ayam Goreng. Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other half is just being428 words
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Advertisement210 1987-01-13 11 &U! TW77TJ77b Poking Sichuan Restaurant tntwm lf i HOKKIEN-PORRIDGE ■JEWS DINNER/SUPPER Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 oQ++ Dinner/Supper Time: 7pm V V -M- 10* service charge 4 3% government lex not Included LTT»# ///Ay;/// He I A i 1»210 words
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RAW MATERIALS
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Article508 1987-01-13 12 Sharp decline in orders likely to hit world bullion market Reuter JAPAN'S gold imports in 1987 will plunge to less than half of last year's level because the government has no plans to buy more gold to mint commemorative coins, and private demand isReuter - 508 words
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Article, Illustration486 1987-01-13 12 AP THE SOVIET government reported last week that oil production rose to about 615 million tons last year, more than 3 per cent higher than the previous year, and that output had been stabilised. The Soviet Union is theAP - 486 words
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612 1987-01-13 12 Reuter AMERICA'S oil services industry, the petroleum sector hardest hit by the 1986 oil glut, is unlikely to glean any real benefit from the recent sharp rise in crude prices. According to industry analysts, as oil fell below US$lOReuter - 612 words
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Article185 1987-01-13 12 MALAYSIAN crude palm oil prices yesterday eased from the day's highs on profit-taking and speculative selling, but still closed on a firmer note. Dealers said floods in the state of Johor partially aided prices. Jan deliveries in the north and central regions firmed Ms6o and Msss respectively to185 words
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Article104 1987-01-13 12 OIL PRODUCTS A RATHER DULL day of trading in the Far East petroleum products market. Naphtha, however, firmed on renewed buying interest. Tight availability and strength in overseas markets. Jet firmed as well (c f Japan basis). All other products marked time at the previous week's levels. Closing prices for104 words
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Article85 1987-01-13 12 (canti/kg, 1-ton poiton) FEB 87 MAR 87 (currant month) (forward month) NOON NOON RAS fc/yer» Sellers Ivy en 5,11,1-, SSt 20 176-50 178.50N 177 JO 179 JON SS* 50 174 JO 176.50N 175 JO 177JON MRELB Suyero Seller, Icyerj ;,H,n SM* cv 287.00 289.OON 288.00 290.OON SM>85 words
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Article67 1987-01-13 12 Bangkok Broken Rice (USS/tomw, FOB) A-l Super A-1 Special 118 115 White Rice C-1 Special unq C-1 Ord unq 100% 1 it dots 245 100% 2nd dou 210 Loonzain Rice 100% 3rd dou 205 100% 1ft grod* unq 5% 195 190 100% 2nd grod* 205 10% 100% 3rd grod*67 words
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Article130 1987-01-13 12 Bernama MEMBERS of the Association of Natural Rubber Producing Countries (ANRPC) began a threeday meeting in Kuala Lumpur yesterday to discuss fresh strategies and proposals aimed at restarting talks with consumer nations on a new International Natural Rubber Agreement (Inra). ANRPC secretary-gen-eral Ahmad Hassan OsmanBernama - 130 words
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231 1987-01-13 12 AFP THAI AGRICULTURE and Cooperatives Minister Harn Leenanond leaves Bangkok tomorrow for Brussels to seek aid worth about US$lBO million from the European Community (EC) for tapioca projects in Thailand. Officials said yesterday that Mr Harn would submit the aidAFP - 231 words
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Article106 1987-01-13 12 THE PRICE OF TIN on the Kuala Lumpur Tin Market ctoeed unchanged yesterday at M 517.32 per kilo after a fairly active trading session. Brisk demand waa noted initially with about 200 tonnes bid at around the M 517.30 level. Buying waa mainly from Europe, which took most106 words
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Article16 1987-01-13 12 KL TIN Closing prices on ion 12 IMS/kg) Price 17.32 unch Turnover (tonnes) 70 up 1616 words
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Article285 1987-01-13 12 RAS prices In S cents/kg, FOfi In bate NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 192.00 193.00N 192 JO 193 JON Int 1 RSS Feb 87 192.00 192.50 192 JO 193.00 tnt 1 RSS March 192.00 193.00 192 JO 193 JO Int 2 RSS285 words
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Article261 1987-01-13 12 SINGAPORE The market closed firm with Feb 1 RSS buyers quoted at 192.50 cents/kilo, up four cents from last Friday. The morning session gained 3.50 cents in quiet trading on some short covering with enquiries from China and the Soviet Union last Friday aiding sentiment. Prices rose further in261 words
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Article138 1987-01-13 12 Chinese Produce Exchange Sellers noon dosing prk Jan 12 (SS/100 kg). 9H on Coconut oil Mk FOB 85.00 OW drum FOB 95.00 Now drum FOB 94.00 Copra MJx*d (looso) 51 buyort Pepper Muntok Whit* FOB NIW 1390.00 Sarawak Whh» FOB faq NLW 1375.00 Sarawak spodal block FOB NLW138 words
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167 1987-01-13 12 UPI COLOMBIA has said it will carry out multi-mil-lion-dollar investments in oil exploration in different parts of the country during 1987. State-owned company Ecopetrol said the exploration programme would be developed in the Arauca and El Putmayo regions, close to the Venezuelan Ecuadoran respectively. InUPI - 167 words
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168 1987-01-13 12 Bernama THE CHAIRMAN of the Indonesian Tea Association said Indonesia had the capacity to export about 90,000 tonnes of tea this year, slightly above the level last year. Suharto said last week that in the first eight months of last year, Indonesian tea exportsBernama - 168 words
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Page 12 Advertisements
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Advertisement269 1987-01-13 12 NOTICES THE COMPANIES ACT. CAP. 185 PTE. LIMITED (In Liquidation) At a general meeting of SIN LIEN RECORDS PTE. LIMITED duly convened and held on the Bth day of January, 1967 the fallowing special resolution was passed SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section 290(1Xb)269 words
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Advertisement268 1987-01-13 12 THE COMPANIES ACT, CAP. 188 TOPMOST PROPERTIES PTE LTD (In Liquidation) At a general meeting of TOPMOST PROPERTIES PTE LTD duly convened and held on the 9th day of January, 1987 the following special resolution was passed SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to section 290(1Xb)268 words
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Advertisement271 1987-01-13 12 THE COMPANIES ACT, CAP. 185 UNITY RECORDS (S) PTE LTD (In Liquidation) At a general meeting of UNITY RECORDS (S) PTE LTD duly convened and held on the Bth day of January, 1987 the following special resolution was passed SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to271 words
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Advertisement223 1987-01-13 12 CHOW AND LEE CONSTRUCTION PTE LTD (In VoL Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act (Cap. 185) that the Pinal General Meeting of the Members of the abovenamed Company will be held at the Office of M/s Wee Seng Tlong Co., 1223 words
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Advertisement259 1987-01-13 12 In the matter of The Companies Act Cap. 185 and In the matter of Eromla Property Pte. Ltd. (Member*' Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at Its registered office, 124 Serangoon Road, Singapore 0821, on 31st December 1966, at 10.00259 words
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Advertisement189 1987-01-13 12 INTKRSICON PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING Notice la hereby given that pursuant to Section 306 of the Companies Act, Chapter 185, the Final Meeting of members of the Company will be held at 11 Collyer Quay, #12-01 The Arcade, Singapore 0104 on Tuesday, 17th February189 words
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SHARE INFORMATION
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Article, Illustration4057 1987-01-13 13 THE MARKET made its best gains since last October yesterday as share prices kept on rising by the hour, to peak just 30 minutes before closing yesterday. The Straits Times Industrial Index closed 25.96 points higher at 951.48, a 29-month high, while4,057 words
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Article264 1987-01-13 13 SINGAPORE Rises Indies* ion 9 im\ 12 0 B S 9B5 45 IT Compodr* 12.39 B3&09 M«n o HMgi 620 40 ITMmor *****B0B 30****** S 1 A 9*5 30 *T Ot/OS 70 128 T H S 394 21 •TOO -M51 -6751 S f H •30 35 •TO»V264 words
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Article3662 1987-01-13 13 BID and offer prices officially Hated and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unlees otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,662 words
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Article159 1987-01-13 13 UNITED MALAYAN FLOUR MILLS Berhad: AGM at the Conference Room, Shangri-La Inn, Jalan Magazine, Penang, on Friday, Jan 16, at noon. CHIN TECK PLANTATIONS Berhed: 28th AGM at No 107-1, Changkat Tambi Dollah, ***** Kuala Lumpur, on Saturday, Jan 17, at 10am. PETALING TIN Berhad: 61st AGM at159 words
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Page 13 Advertisements
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Advertisement10 1987-01-13 13 KL market report, Business done on the KLSE, Page 1410 words
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COMPANY NEWS
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715 1987-01-13 14 nm AFP HONGKONG stock watchers have differing opinions on the short-term prospects of the market although it has been setting new records recently. The Hang Seng index yesterday rose to a record closing high of 2,614.87, rising 53.14 in hectic trading on strongAFP - 715 words
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Article2616 1987-01-13 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Acmo *****1 Ajinomoto I- > 11) 306 Alcorn (71812,616 words
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Article122 1987-01-13 14 HONGKONG All Industrials Hongkong Index Monday ***** Mondoy 1674.25 Friday ***** Friday *****8 Week ogo 2383 4 Week ago 1629 56 NEW YORK Hang Seng Index Monday 2614.87* Dow Jones Friday 256 73 Friday 2006 91 Week ogo 2552 40 Thursday *****5 Week ogo 1927 31 TOKYO Standard122 words
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Article250 1987-01-13 14 Managers' prices for Jon 13 Singapore Unit Trust The Commerce 0 92 The Savings Fund 085 S'pore Prog Fund 0 36 S'pore Sec Fund 061 S'pore Invest Fund 0 73 S'pore Equity Fund 0*3 Asia Unit Trust Mai Invest Fund 1 25 Mai Prog fund 037 Mai Security250 words
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Article460 1987-01-13 14 THE ACTIVE Kuala Lumpur stock market ended firmly higher across the board yesterday on better sentiment. Trading was brisk especially towards the final bell. Buying interest was noticeably strong in blue chip counters, both Malaysian and Singaporebased. with many showing double-digit gains. Total turnover460 words
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Article, Illustration580 1987-01-13 14 Reuter ROBERT HOLMES a COURT'S J N Taylor Holdings Ltd has opened a new front in its battle with News Corp Ltd for the Herald and Weekly Times Ltd by requisitioning an extraordinary general meeting of HWT associate Queensland Press LtdReuter - 580 words
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431 1987-01-13 14 K C Koh man with chequered past NST DATUK KOH Kim Chai, who is being sought by the Malaysian police in connection with a Ms 2 million fraud reported by Perwira Habib Bank, has had a somewhat chequered past. An ex-Special Branch police officer who became a lawyer through self-education,NST - 431 words
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Article, Illustration643 1987-01-13 15 mm™ By HOCK LOCK SIEW PERHAPS the only thing that is still bugging shareholders of Overseas Union Bank is the extent of the dividend cut that is expected when the bank announces its full-year results in March, following the discovery of fraud at its mainBy HOCK LOCK SIEW - 643 words
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433 1987-01-13 15 Bernama SIME DARBY BHD. the diversified plantation-based group, is to merge its insurance broking operations with Hogg Robinson Group PLC of Britain. Sime Darby said it had entered into conditional agreements to merge its insurance broking operations in Singapore, MalaysiaBernama - 433 words
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Article586 1987-01-13 15 LAST FULL YEAR Company Period Date Yoar Not EPS Grom Not announced ondlng IMMI) dtv profit last year ($■000) Ajinomoto Interim Sep 21 Dec 86 9.2 15.0 2,373 G 1 Hldgs Final Mar 30 Dec 85 2.0 1.4921 G 1 Hldgs Interim Sep 27 Dec 86 2.0 1.4921(h)586 words
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Article, Illustration494 1987-01-13 15 MOTOR GROUP Cycle Carriage Ltd is putting some of its properties, which are considered surplus to requirements, on the market. This is because with the rundown of its traditional motor activities both in Singapore and Malaysia, more areas are unoccupied and have temporarily become surplus494 words
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Article, Illustration507 1987-01-13 15 AMY CHEOK - By AMY CHEOK FORMER BANKER Allan Ng Poh Meng, who last week acquired a strategic 23 per cent stake in Sealion Hotels Ltd, has moved in quickly onto the company's board. He was appointed chairman of the company yesterday, while Wee Sin507 words
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595 1987-01-13 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI USING ITS listed vehicle in Australia, the energetic Chuan Hup group is investing a total of A 586.5 million (about Ssloo million) to acquire a prominent Singapore construction group and to accelerate its activities in China. Chuan Hup Holdings's 42595 words
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545 1987-01-13 15 CHAN OI CHEE - By CHAN OI CHEE DAH YUNG INVESTMENT, the gas manufacturing and trading group, has confirmed two BT reports last week that it is involved in two legal actions commenced in the Hongkong High Court In the first case, it is seeking to recover, through545 words
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320 1987-01-13 15 THE TRADING-BASED Jack Chia-MPH group said yesterday that it had realised an extraordinary $6.05 million gain from the sale of 7.14 million Haw Par shares by an associate company. Emerford Re Ltd, in which JC-MPH has an indirect stake through320 words
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Article140 1987-01-13 15 Bernama PEAK HUA Industries Bhd plans to diversify into other profitable activities to widen its earnings base and be less dependent on the property, and building and construction sectors. A circular on its proposed rights issue to shareholders said that the property market and the buildingBernama - 140 words
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Page 14 Advertisements
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Advertisement145 1987-01-13 14 N V \>* T< \P V \V* V V \at# Yes, I would like to subscribe/renew Please send the magazine to the following oddress: Name: Address Company: Designation:. :los Cs arge wj > Charge HI Card No:. p/money order no: ican Express Account Expiry date: for $49.00/171 25/$64.75 Signature: Cheque/money145 words
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Page 15 Advertisements
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Advertisement143 1987-01-13 15 HIAP TECK (SHIPCHANDLERS) PTE. LTD. Congratulations on your removal to new premises at SOB, MARTIN ROAD, #01-01/02, SINGAPORE 0923 TEL: *****52/3 CHERNWEI COMPANY 36, Philip Street #05-00 Singapore 0104 NO* AGENCIES PTE LTD NOTICE is hereby given that pursuant to S. 306 of the Companies Act Cap. 185 the FINAL143 words
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Article, Illustration380 1987-01-13 16 LUCY NG - By LUCY NG THREE Khoo Teck Puat companies in Hongkong have been given four weeks to file their defence against a suit by the National Bank of Brunei seeking from them $120 million. The380 words
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Article82 1987-01-13 16 Bernama THERE IS NO NEED for the Malaysian government to devalue the ringgit since it is in a strong position. Malaysian Deputy Prime Minister Ghafar Baba said yesterday that there was no necessity for such a move though there had been a lot of speculation thatBernama - 82 words
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Article351 1987-01-13 16 Bernama THE KUALA LUMPUR High Court yesterday placed another depos-it-taking co-operative, Koperasi Bersatu Bhd, under receivership, bringing the total number to 20. Justice Datuk Harun Hashim, who last week put the other 19 DTCs under receivership, said that he had no sympathy for the co-operative whichBernama - 351 words
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Article, Illustration244 1987-01-13 16 Reuter JAPAN yesterday proposed a new aid programme to develop Indonesian export industries and to help ease the oil-dependent country through an economic crisis caused by the slump in international crude prices. Japan's Minister for International Trade and Industry, Hajime Tamura,Reuter - 244 words
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335 1987-01-13 16 AP CITING South Korea's unprecedented, sizeable current account surplus in the past year. President Chun Doo-Hwan said yesterday that his country "is expected to translate soon into reality the dream of becoming a creditor nation". In a New Year policy statement broadcastAP - 335 words
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252 1987-01-13 16 AP Reuter FORMER PHILIPPINE defence minister Juan Ponce Enrile said yesterday that "people power" might move against President Corazon Aquino if her draft constitution was rejected by voters and she refuses to step down. Mrs Aquino's supporters say that they are confident that the draftAP; Reuter - 252 words
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452 1987-01-13 16 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent THANKS TO government contracts, there was a sharp increase in projects which were granted planning approval in the second quarter of last year. Projects worth $1.13 billion in construction costs were approved by the Ministry of National452 words
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Article104 1987-01-13 16 Reuter COMEX GOLD FUTURES rallied early in response to a sliding US dollar and surging crude oil values, analysts said yesterday. The EMS realignment weakened the dollar initially while poor US economic fundamentals extended the dollar s losses. The dollar's effect on precious metal values wasReuter - 104 words
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70 1987-01-13 16 UPI A US National Academy of Sciences study says attempts to keep high technology from the Soviet bloc have cost America US$9 billion annually and damaged ties with its allies without improving national security. The Washington Post said yesterday the report recommended endingUPI - 70 words
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LATE FILE
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Article45 1987-01-13 16 AFP THAI Foreign Minister Sithi Sawetasila will ask the Soviet Union to cut its military aid to Vietnam when he visits Moscow in May, in a bid to solve the Cambodian crisis, officials said in Bangkok yesterday. AFPAFP - 45 words
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Article38 1987-01-13 16 AFP BURMA has agreed for the first time to trade directly with Thailand's private sector, Thai Foreign Ministry spokesman Somphan Kokilanond said in Bangkok yesterday. The agreement was reached in Rangoon last week. AFPAFP - 38 words
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Article50 1987-01-13 16 AP HONGKONG'S trade totalled HKS497 billion in the first 11 months of last year, up 18 per cent from the same period a year earlier. Figures released by the Census and Statistics Department yesterday showed that domestic exports rose 18 per cent to HK5138.6 billion. APAP - 50 words
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Article52 1987-01-13 16 Bernama THE re-elected leader of a major party in Thailand's ruling coalition government plans to step down in two years. Bhichai Ratakul, reelected to head the Democrat Party for a four-year-term, said yesterday he wanted to give younger leaders a chance to leadBernama - 52 words
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Article37 1987-01-13 16 Bernama THE GERAKAN and Sabah's ruling Parti Bersatu Sabah (PBS) have agreed in principle to form a confederation "to pave the way for closer cooperation among Barisan Nasional component parties which adopt multi-racialism".Bernama - 37 words
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Article42 1987-01-13 16 Reuter MALAYSIA will build watch towers to be manned 24 hours a day along its west coast to stem drug smuggling by boat from the Malacca Straits, Deputy Home Minister Datuk Megat Junid Ayob said. ReuterReuter - 42 words
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Article39 1987-01-13 16 Reuter KING HUSSEIN of Jordan left yesterday to visit France and Italy in his quest for international support for his MiddleEsst peace policy and economic aid to fund development in Israeli-occupied Arab territories. ReuterReuter - 39 words
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Page 16 Advertisements
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Advertisement356 1987-01-13 16 Drive Business Class with Ken-Air's all newl9B7models. y ■3 J i wpntf'fgip! ippiar BHBHggS Available for long term and short term rental N* SUPERCARS Tef:*****81 35 Selegie Road. W9-24 Parklane Shopping Mall. Singapore 0718. SINGAPORE Li INSTITUTE OF MANAGEMENT The Job of the Chief Executive 7th Annual Session, Singapore April356 words
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Advertisement10 1987-01-13 16 Sooul sending ttam to US to buy goods, Pago 410 words
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Advertisement143 1987-01-13 16 WmP#i Investment 1 m mi UL hJ J! (Ml to £2 I 5 V EX w r:v* today. See ateo the vtartaoß in istoQ pnonl computes to pvtoni oomplß owns hi durim ta to be performed on up-to-date mwl ol iwßSknenl porltalas entf vrish Id wpvd cvl reMoioe Ihe icope143 words
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Page 16 Miscellaneous
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Miscellaneous49 1987-01-13 16 lam ram, naavy at nmaa. Raport for 24 houra prior to 7.20pm on Jan 12 at tfta airport Maximum tomparatura 24.2 Aaaociatod humidity M Minimum tomparatura 22.2 4aa/w4aAail haimlillfri» AWOCWwO nUiiiHlllJ Vw Houra of aurahlna 0.00 Rainfall In mlfllmatrao 120.3 Rainfall thte month 410.4 Rainy day* Vila month 049 words
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SHIPPING TIMES
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461 1987-01-13 17 G DURAIRAJ - By G DURAIRAJ EVERGREEN'S involvement in Malaysian Konsortium Perkapalan Berhad, in which the former has 30 per cent stake, must be viewed as a long term commitment, says KPB vice chairman Mr Leslie Eu. The Taiwanese line is looking at Malaysia461 words
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286 1987-01-13 17 TWO CONTAINER ships in the financially-belea-guered United States Lines fleet appear destined for the breaker's yard. The 1,144-TEU Chevalier Roze and Chevalier Paul have been laid up respectively at Le Havre since Sept 23, 1985, and St Nazaire since Nov 18, 1985.286 words
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PORTSIDES
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Article118 1987-01-13 17 Seatrade Week HANJIN Container Line has set up a 120-strong task force to examine Korea Shipping Corporation's financial status and pave the way for takeover. The company plans to manage KSC's operation jointly with the Korea Exchange Bank, KSC's main creditor, for a period ofSeatrade Week - 118 words
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Article110 1987-01-13 17 AFTER YEARS of hesitation, Karachi has decided to construct a major purpose built integrated container terminal. The two-berth terminal costing an estimated US$l2O million will be built in the western backwaters of Karachi port. The World Bank will finance half the construction cost. The first phase110 words
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Article57 1987-01-13 17 VOLUME of cargo handled through Pusan port rose 19.3 per cent in the first 10 months of 1966 to 36.69 million tons from 30.99 million tons in the corresponding period of 1985. Imports accounted for 13.8 million tons, up 10.5 per cent and exports expanded by57 words
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Article126 1987-01-13 17 ULTRA LARGE crude carrier the Happy Empress, once earmarked for the demolition yard, has been resold for trading for a second time. The 423,000 dwt vessel was sold for scrap for U556.25 million. But it was given a reprieve by a Norwegian company which paid126 words
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Article380 1987-01-13 18 P O plans to refit Canberra FT PENINSULAR Oriental Steam Navigation, UK's biggest shipping company, is considering spending about £25 million on major refit to extend the life of the Canberra, its flagship liner, by up to 15 years. P O is expected to invite tenders for the work nextFT - 380 words
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200 1987-01-13 18 Reuter THE LIBERIAN tanker Atlantic Dignity was hit by missiles in the southern Mid-East Qulf at 2225 GMT Sunday, shipping sources in Tokyo said, quoting a report from a Japanese vessel in the area. The 89,935 dwt tanker, which was sailing from Kuwait to Italy,Reuter - 200 words
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69 1987-01-13 18 Fairplay THE DEUTSCHE Schiffahrtsbank in Bremen haa predicted a noticeable upswing in shipyard orders from 1966, and an end to the current crisis in the 1990'5. This optimism is based on two factors by 1968 many ships will be old and unsafe and shouldFairplay - 69 words
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176 1987-01-13 18 UPI AUSTRALIA'S chartered antarctic resupply vasaal. the Nella Dan, ia trapped in heavy pack ice near the Shackleton ice shelf in the Davie Sea off the coast of the Australian antarctic territory. A spokesman for the Australian antarctic divieion of the Department ofUPI - 176 words
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Article697 1987-01-13 18 AB Shpg V 5 Accord Shpg VI 3 Alltrons VII 3 Anro Service IV 2/3 ANL 1 1/2 ARC Line V 4 API III 2/3 ASCI III 1 Bolt-Cooodo Line VII 4/5 Bait-Orient line VII 4/5 Bank Line V 5 BBS II 4/5 Ben line Cont V697 words
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Article1218 1987-01-13 18 US GULF grain rates on tha London shipping freights market continued to climb rapidly on Friday. Continental worked 52,000 tons to Japan aboard the Jan 20-25 loader Stena Fortuna at U5513.15 (fio) against $12.25 laat paid and $11.00 ruling just two weeks ago. Smaller tonnage also benefited from1,218 words
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Article175 1987-01-13 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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174 1987-01-13 19 UPI NINE INTERNATIONAL shipping organisations, tired of attacks on tankers in the Gulf, want the United Nations to form a naval peacekeeping force in the embattled waters, a Norwegian shipowner said. Atle Jebsen, former president of the Norwegian Shipowners Association, said theUPI - 174 words
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318 1987-01-13 19 Lloyd's List THE INTERNATIONAL Maritime Industries Forum has called on South Korean shipbuilders and shipping lines not to go ahead with planned construction of 27 large container ships. Chairman of London-based IMIF Mr Jim Davis has written to MrLloyd's List - 318 words
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Article69 1987-01-13 19 MR P R (PAUL) RAWSON has been appointed financial controller of Lloyd s Register from Jan 1. He succeeds Mr F R (Frank) Vickers who will remain as a consultant until April when he will retire after 36 years in LR. Mr Rawson joined LR on69 words
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Article276 1987-01-13 19 AFP ENQUIRY remained buoyant on the tanker market last week, against brokers' expectations and in spite of steadier crude oil prices following Opec's move to reduce output. Cold weather currently affecting many parts of Europe, and fears that Japanese seamen may boycott the Gulf States' area after freshAFP - 276 words
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Article, Illustration151 1987-01-13 19 Reuter SHIP'S crew examines ice deposited on equipment as temperatures dropped to minus 35 degrees centigrade in southern Finland. The freezing winds which caused temperatures to fall to an all time low in Europe caused deaths and wreck havoc to road, rail andReuter - 151 words
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227 1987-01-13 19 AP THE MANAGER of a Greek cargo ship denied allegations that the vessel fired a missile at a US Navy helicopter in the southern Gulf. Vassilis Constantacopoulos, director-manager of the Piraeus-based Costamare Shipping Company, said there are no weapons on board the containerAP - 227 words
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134 1987-01-13 19 Seatrade Week NORMAN International has shortlisted two Japanese yards for the reconstruction of the VLCC Happy Enterprise, which was hit by an exocet missile in the Gulf last summer. The rebuilding should cost in the region US$2O million and, according to Norman's director OttarSeatrade Week - 134 words
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6817 1987-01-13 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.6,817 words
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Article1735 1987-01-13 25 Who acts for whom The leading shipping lines operating from local ports and their agents A —B A Top Enterprises Pie Lid Sam* (8). AB Shipping Oouoleed Shpg Ag*nci*e Alm Lin* African Shpg Agendee (S). Afirankial Lln*r Kim Shpg (S). Alfr*d C Toapfar Ocaanus Shipping Agendas (S) Muttiport Sdn Bhd1,735 words
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Article608 1987-01-13 26 AT CONVENTIONAL WHARVES i > Barth Agant Arrival Dapartura KEPPEL WHARVES Bel-Abbes K30 Unipociftc alongside 13.01/1700 Eastern Glory K28 S'pore Shpg alongside alongside 13.01/1500 F'eost Vanguard K19 Sin Chioo 16.01/2300 Giso Moru No S K20 NTYSS alongside olongside 13.01/0600 Gold Stream K33 Star Shpg 14.01/2300 Gold Vardo608 words
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Article646 1987-01-13 26 CONTAINER TERMINAL Ship Ion Moersk lonko Siri Qiuhe Prosetio Pegasus P Botu Konsort B Kemuning Ptyo Bhum Nm Africa Jonwel Selondio Or Minister tog no InKQmoos Tonoh Air Ming Fortune Thai Pailin 0 Strength Tokyo B N iogo 30 Uni Mercy Axel Moersk Maersk Bondo Anson Ml Qoudine646 words
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Page 17 Advertisements
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Advertisement548 1987-01-13 17 (lumbers i >! It !sf 1 )h >!l,tl WR MENCH (fct Ik. 2425 M/ OCK) Miff/ 200 Cantonment Road *12-06 Soathpomt. Sa«a»*rt 0708 wtrma T 22i»n ma NO RS ***** TEMMM./CFS *****18 220 BOORMGS W *****34 235 Gmfatm Line NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORID ROUTING) PORT KELANG TEL.548 words
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Advertisement69 1987-01-13 17 [KMDB PENINSULAR Oriental Steam Navigation is considering spending about £25 million on major refit to extend the life of the Canberra. Page THE INTERNATIONAL Maritime Industries Forum has called on South Korean shipbuilders and shipping lines not to go ahead with planned construction of 27 large container ships. Pag« 11169 words
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Advertisement1295 1987-01-13 17 an BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co. fte Ltd. TEL: *****33 MAERSK LINE EAST AFRICA SERVICES INAUGURAL SAILING TO DAR ES SALAAM -MOMBASA -NAIROBI ADRIAN MAERSK VOY 8703 etd SIN -17.1.87 To C.ilitorni.i -US Gult US AtUntu East1,295 words
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Page 18 Advertisements
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Advertisement464 1987-01-13 18 NOTICE V 1 M M 3,3' S3 '3 FAR EAST/ GULF OF ADEN AND RED SEA PORTS CONFERENCE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:PQBT 9VPAN In the light of an improvement464 words
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Advertisement334 1987-01-13 18 vcbMmmwL. MALAYSIA SON. TEL: 01 *****50 ■no. TLX: 2011S MTM Frt Booking contact Miss Qan PT. KLANQ S PC w m aa W w m w an w w m iw Further KmV (Msgharping pom m Singapore Afant Goodrich Maritime route lubjict to lußldtnl indue fnoot Pie Lid. Te»: *****36334 words
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Page 19 Advertisements
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Advertisement807 1987-01-13 19 The Straits Steamship Group Mansfield Container Shipping Re Ltd noywtf P&O AimAytL Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, B rune* Porta and Bangkok PEGASUS PRIDE PEGASUS PRIOE In Port/14 lan s-a Jm ma ma an mp ma ma m an aa us lu ua up va an aa807 words
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Advertisement830 1987-01-13 19 Franco Belgian Services rf. W (MEMBEROF ACE CONSORTIUM ,'f I >-• > r. n, t K in ,r I rn I rrattp.ulancur»mo nhMiw ORIUTAI CMir BJm Q4 Jm) 2fa IF* 4FA 7FA •FA BFA KOREAN JACUI* aJM OS JM) IF* HF» UM MF* UF* UM NEPTUNE CRYSTAL BJm (8 JM)830 words
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Page 20 Advertisements
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Advertisement279 1987-01-13 20 CONTAINERSHIP SERVICE TO UK/CONTINENT Cardigan Bay Tokyo Bay larti Bay Liverpool Bay City of Edinburgh ALSO ACCEPTING CAMO TO* ALL UK INLANO DESTINATIONS, 80/ AST, DUBLIN COPENHAGEN, AAJHWS, GOTHENBURG, MALM, HELSINKI. AUSTUOAM CARIBBEAN t 1 AMERICA CONVENTIONAL SEMI-CONTAINER SERVICE TO EUROPE SPORE H'BURC ROAM AKERP IMMINGHAM RS DALIAN I*l J/2279 words
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Advertisement700 1987-01-13 20 Lpr SCSline t-i* curm nt» FULLY CONTAINERISED SERVICE TO EUROPf VIA SUEZ I Mrmbff ol the *cf Consortium FROM ['JROPE VIA SUEZ A Member of the Ace Consortium P Kaian»S'pora H.Konf Kaoahiun| Buun Tokyo KOREAN CHANCE 2* (15/1) 13/1 17/1 11/1 21/1 21/1 SEVEN SEAS BRIDGE SK (22/1) 20/1 24/1700 words
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Advertisement273 1987-01-13 20 Hai Sun Hup Co (Pte) Ltd LX rEL ?P***** |?0 lines) TL *RS ***** ft RS ,>0677 t I \MiK \K I l\l K III) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS Loading at appropriated Berth P4-P5 NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG TAIWAN A CHINESE PORTS. SUBJECT INDUCEMENT273 words
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Advertisement657 1987-01-13 20 iniiai EVERGREEN Full Container Se'wcp Round-The-World East Bound (EE/CARIB/USEC/ELSRO/FE > w m w a* m ha m an an v *1 u/i vp bo n/j w w an 7* w m as m «i 91 W (0 K iS 1U US M V ID HI VI V «l «l ID657 words
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Page 21 Advertisements
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Advertisement908 1987-01-13 21 r x PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 MAJAPAHIT QOWA HOT A MNOA SIN JKT Std 14/1 2S/1 xrn in 7/2 TCH TAICHUNQ FAR EAST CONTAINER SERVICE MY SIN HKO KAO "TCH KEE BUS IS/1 20/1 2S/1 27/1 27/1 2S/1 >1/1 »1 2/2908 words
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Advertisement670 1987-01-13 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT •■aMar im <***■ m an an T«M l» &1 3,1 i»fi an iff »fv 120 uo •www 1M Off Liiwmi a*r a/2 vn otr <* u»*urft< vj %n EXPRESS CONTAINER SERVICE FROM UK/CONTINENT rrr" r M t| it mum r« WW bM670 words
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Advertisement453 1987-01-13 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSNIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY U. BOiITAI S'PORE BILBAO BREMEN A'DAM/R'DAM H BUM I i, > J 5T KM 2W MM. Part MnaaM. Otnot, TrMi. ALSO ACCEPT INC BOTH453 words
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Advertisement235 1987-01-13 21 BOUSTEAD SHIPPING AGENCIES Spore ■TOMATO* VMIW 101 ian PAAN VMM 1305 J»n pagan nam not j*n HANDAUY Loadwn tar Europe BURMA FIVE STAR (Burmese National Line) Loading for Rangoon port P.KoUng Panang Bangkok WW 40 Fab V* BANK LINE CLYDEBANK VIM ANJOU VIM TAHAJTAI SAMOA VAN FORTHBANK VIM SPORE ROAM235 words
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Page 22 Advertisements
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Advertisement1154 1987-01-13 22 FEEDER ¥SL ■OTHER ¥SL SfO«£ N. TRUST ¥3M2 14 Jan PKIC PNC SPO«E KO6E RAGNA ¥5 15 Jan It Jan 11 Jan I Fab Kline —KAWASAKI KISEN KAISHA, LTD.-^I GUAYAQUIL CALLAO ARICA 7 Fab IQUIQUE AFAGASTA S.ANTONIO VALPARAISO 15 Fate If Fab ALSO ACCEPTING: SHANGHAI. HSINGKANG. MOJI. NAHA. SHIIZU VIA1,154 words
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Advertisement560 1987-01-13 22 'm AUSTRALIA EXPRESS CONTAINER SERVICE AccapHnu FCL/FCL Contalnars rcwn ,pocd nil ZU. ®Jw tF*ISF* 1J F* Adei/Brn vi 1 J m 25 M* a Mar Ad*#™ tSTECIIPPIR ?ll 1 Mar HAHHQAS VJ3 IS Mar 30 Mar t Apr 6 Apr Adat/Bm INDIA EXPRESS CONTAINER SERVICE AccaoMng FCL/FCL Contalnara HAMAS WW560 words
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Advertisement718 1987-01-13 22 G. GOLDEN LINE GUAN GUAN SHFPMG (PTE) LTD 2J. I*M «r» Sbaat mtmm lIM TH. UUM CM UD) STRAITS/PERSIAN GULF SERVICE: Sport P.Katanj Pana* GOLDEN HARVEST Cotanbo/Karaefo/Dutw/Kwaait 28f21 Jan GOLDEN HAVEN CMMbWKaracbifltocat/Ooba 1/10 Fab V~n CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA iKC cMvamiiL soma T^" ,fcw,iw718 words
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Advertisement405 1987-01-13 22 INTRASEA (PTE) LTD 10 Ansor Road ®27 If> P 0207 Tel *****11 (lOL'nes) 4, BREAKBULK SERVICE TO EUROPE/UK V IMPORTER 1701 S port p. Kcianf Loadtn( fcran m sete/rot/ant/uk<nuu) *pm MTRASEA ffTl) LTD BOOK IMC 2NKU Limp* BINT ARC SNIPPING CO. SON. BHO 71*711 P*M« MNTANG SNIPPING CO. SON. BHD405 words
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Page 23 Advertisements
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Advertisement561 1987-01-13 23 NOL NEPTUNE ORIENT LINES LTD Ckxinf Tinat; FCL Caffo 1900 15/1 LCI C*rfo I FROM EUROPE (VIA SUEZ) ca TOKYO 71 IV BRIDGE JSC.. CR PARIS lE. A PK carfo vii Iniir vtml. STRAITS/ABSTRAUA M-tO CONTAINS TO EAST COAST AUSTRALIA: FEEU/AUST TP A/SEA ***** a *****2 ntsc 27W11 Z7MUI vmut561 words
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Advertisement476 1987-01-13 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG. BUSAN. INCHON Name S port P Ktkang |nc No. I Danam/CION In Pt 14/1 SToSKiiS No. oonam/701N 30/1 2/2 ®°7 P uck/7 °L W (Off-hirt) W (Dockings for 3 day*) 13/2 Qton Duck/701 1/2 XI (Off hire)476 words
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Advertisement817 1987-01-13 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANC PENANG MIS SHARIKAT WAN SOON SON BHD IST AND 2ND FLOOR, MESSRS HAJ THOMC SHIPPINC817 words
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Advertisement78 1987-01-13 23 Vfi;i.s/i#/v t!l L/\/ JAPAN HOMCKCMC iTPAIfi Honfkonf SinpporeFKlanc Penai* ORIENTAL RUNNER V.IM Sailed SaiM GISO MARU No.B V.25A Sailed SaiM 13/1 NIPPO MARU V.4A SaiM In Port RIAU V.IA ISA Nfl General survey for MV. Oriental Runner V.IIA will be heW on 15.1.17 at Gdn K2O from OSOO 1200 ha.78 words
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Page 24 Advertisements
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Advertisement253 1987-01-13 24 [BSH REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL JENLINK PIVA BHUM SIRI BHUM SEA DRAGON JENLINK PIVA BMUN ir, -inrril CHEEI VESSEL RATANA BHUM RATANA BHUM RATANA BHUM TO SOUTH THAILAND SONGKLA TO P.KELANG PENANG BFNGAI BAY CONTAINER FFFDFR ro CHIT T AGONG SCM CMAL CHITT PORT253 words
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Page 24 Miscellaneous
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Miscellaneous176 1987-01-13 24 Regional Weather ESTI y t jif. i a 4 N 2 K Tf. I SK rA. fft .(.*4 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c O w Wind direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature <» c X\ Weather Wind direction with176 words
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Page 25 Advertisements
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Advertisement143 1987-01-13 25 sw w mm AW# CALL US AT: K. LUMPUR P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE *****88/*****56/*****48/*****93 *****11/4 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE lul rr—r PERMAI nt I. BUTANC 307 OTHER DESTINATIONS: AARHUS. AMSTERDAM, ANTWERP, BASU. BREMEN.143 words
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Advertisement473 1987-01-13 25 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOO PARCEL SERVICE To: CONT/UK PORTS: HV TON NIL SMM uc-m HV AZALEA m ITC4B spone rr k l« ft 17/1 V 2 W M/Artw/ UK (Naw SINGAPORE CALICO SHIPPING PTE LTD Tk fIU CAUCO FAX: 2M871 PONT KELANG PERKAPALAN l/TARM SON BNO J*, tmom KOTA473 words
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Page 26 Advertisements
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Advertisement354 1987-01-13 26 HOIMAR LINE TFANS-SIBERIAN CONTAINER LINE KFCL LCI anm toM*m. TorM. Dirih. Trim, tmt ifl Eat Hoc i DM VOT ETB sr g KENMAR AGENCIES PTE. LTD. T«t ******1 TUC MM FAX: 2252» P ESPRIT SHIPPING PTE LTD SPORE LOADING FOR TOLIA 23/1 WEST AFRICA MOl S MitsciOSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER354 words
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Advertisement160 1987-01-13 26 K S LINE JAPAN STRAITS SERVICE PACIFIC TIGER In Pt/WI 13/1 YUSHMA MARU SM 111 PI SOYOUNG In Pt ISA TAIVO HARU 21/1 21/1 KARL STAR 1/2 3/2 TROPICAL MARINA 1/2 11/2 HOSEJ HARU 15/2 17/2 LOADING FOR P. KELANG PENANG ON SOYOUNG I SANKYO LINE (S) PTE. LTD I!160 words
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