The Business Times, 26 February 1987
1987-02-26
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26
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The Business Times
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Title Section12 1987-02-26 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, FEBRUARY 26, 1987 75 CENTS12 words
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Article, Illustration191 1987-02-26 1 Ovaraaaa markets Wednesday HK Hang Song Index 2873.58 25.39 Tokyo Nikkei Average *****.33 (+109.85) Sydney Ail-Ordinaries 1584.0 (-13.9) Tumday New York (Dow Jones) 2223.28 6.74 London (FT 30 Index) 1559.2 2.3) 1566.2 (noon, Wednesday Slmex DM (Mor) 0.5487 42 Euro-$ (June) 93.66 (unch) Yon (Mar) 0.*****8 6191 words
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Article, Illustration525 1987-02-26 1 LUCY NG - By LUCY NG THE BRUNEIAN GOVERNMENT is a preferred creditor to all other creditors of the National Bank of Brunei (NBB) as it holds a charge against NBB which gives it preferential treatment. A Bruneian official disclosed this yesterday following earlier525 words
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Article, Illustration507 1987-02-26 1 AMY CHEOK - Approval of exchange committee expected soon By AMY CHEOK TRANS-ISLAND Bus Services (Pte) Ltd (TIBS) is seeking a listing on the recently established second securities market, Sesdaq (Stock Exchange of Singapore Dealing and Automated Quotation system). BT understands that TIBS has already submitted507 words
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198 1987-02-26 1 Bernama SINGAPORE is keen on buying natural gas from Indonesia, Second Deputy Prime Minister Ong Teng Cheong said in Jakarta yesterday. He said that the gas produced by the Natuna gas field in South China Sea could be piped toBernama - 198 words
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524 1987-02-26 1 FOO CHOY PENG - By FOO CHOY PENG THE GOVERNMENT yesterday challenged The Asian Wall Street Journal to take legal action against the move to limit its sales in Singapore. The government also said the Journal could distribute as many free copies as it wanted in Singapore as524 words
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Article, Illustration169 1987-02-26 1 THE SINGAPORE stock market closed mixed on active trading yesterday. There was still much profit-taking. The Straits Times Industrial Index fell 1.21 points to 1,056.80, while the all-sector BT Composite Index fell 2.36 points to 936.75. Total turnover stood at 37.7 million worth $93.5 million, down169 words
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197 1987-02-26 1 AP UPI BUOYED by surging exports, Hongkong's economy grew about 9 per cent last year, well above what had been predicted. Financial Secretary Piers Jacobs said yesterday that the government had initially expected the Gross Domestic Product to rise by 5.6 per cent. InAP; UPI - 197 words
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Page 1 Advertisements
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Advertisement74 1987-02-26 1 TIENGOURTit SICHUAN CUISINE A* Kings Hotel Havelock Road Singapore 0316 Tel: 733 0011 ■J Begin Your Busy Day Right Start off on a right note in the morning. Use Braun micron foil shavers: recognised worldwide as a measure of quality and good design. Use with or without cord 1 hour74 words
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Advertisement297 1987-02-26 1 Going full steam ahead THE BIG FOUR ship-repair yards are faring better than anyone dared to expect, thanks to the appreciation of major world currencies and a mini-boom in the tanker trade. Stock market analysts, meanwhile, expect marine-based companies to show encouraging results for 1986 and further improvements this year.297 words
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Advertisement104 1987-02-26 1 Full report, Page 13 Asian stocks, Pag* 11 Infl stocks, Paga 10 For only $25 we'll reserve one of these seats for you. For just $25 more than the economy fare, experience our excellent new Business Class on the Ultimate 757 to Bandar Seri Begawan. Five abreast seating, choice of104 words
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Advertisement18 1987-02-26 1 BALLY i't Wir.YW.;-:./ c Shipping Tlmea comes aa a separate section today. Make aura you get your copy.18 words
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HOME NEWS
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465 1987-02-26 2 Martin Marini - The government's reply to the editor of The Asian Wall Street Journal Martin Marini Minister for CommunicaMows Dear Sir, I refer to your letter of Feb 20, 1967, addressed to the Minister for Communications and Information, and to your letter of the465 words
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271 1987-02-26 2 MONICA GWEE - By MONICA GWEE IGNORE the importance of research at your own peril, media owner», advertiser* and ad agenciee were warned yesterday. Mr Michael Gilbert, a Britieh publishing consultant said all three groups needed as much information as they could get to ensure a competitive271 words
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Article, Illustration220 1987-02-26 2 PETER YAP KIM KEE was appointed general manager and principal officer of Overseas Union Insurance (OUI) from Feb 1. Mr Yap, 42. has experience in the insurance industry as well as in underwriting and broking. He is a fellow of the Chartered Insurance Institute and the Institute220 words
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Article433 1987-02-26 3 Seminars and r 1 Cahners I el *****13 Courses fl J Exposition Tlx ■Ln N Group Fax: RS ***** *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Mar 9 Psychological Skills National Sales Troining *****36 for Survival Productivity Systems Pte ltd Board Building Mar 9 Small and Medium National National433 words
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177 1987-02-26 3 ALTHOUGH China cannot become totally Westernised, it will continue to work at improving the business climate further for foreign investors, a Chinese official assured yesterday. Mr Liu Chun Ting, director of the Guangdong Administration for Industry and Commerce, said China had gone177 words
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Article98 1987-02-26 3 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) has been appointed by the Chief Inspector of Factories to test safety shoes. Under the Factories (Industrial Safety Helmets and Footwear) Notification 1986, which will take effect from May 1, occupiers of factories must ensure that98 words
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Article432 1987-02-26 3 WILLIAM CHIA - Regional sales of machines and spare parts up By WILLIAM CHIA THE MARKET for tractors and spares, generally used in regional logging markets, has begun to show an upturn after several years of rock bottom sales. The general manager (marketing) of Komatsu Singapore Pte Ltd, Mr432 words
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Article, Illustration249 1987-02-26 3 THE ELECTRONICS SECTOR is expected to grow by more than 10 per cent this year. Or Lee Boon Yang, addressing the first group of graduates of the French Singapore Institute (FSI), said yesterday that the electronics industry accounted for a quarter of manufacturing output249 words
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Article274 1987-02-26 3 WITH LESS THAN 700 metres to go, tunnelling for the Mass Rapid Transit system is now virtually complete. The MRT system will have 20 km of underground tunnels, out of the total 66 km of tracks. And all but one pair of tunnels have been completed.274 words
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374 1987-02-26 3 MARTIN SOONG - By MARTIN SOONG TROUBLESHOOTERS would be bored to death at Changi International Airport, as members of the Communications and Information Parliamentary Committee found out yesterday. After talking to senior officials of the Civil Aviation Authority of Singapore (CAAS) while touring several airport facilities, the committee's374 words
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91 1987-02-26 3 THE HEAD OFFICE of the Economic Development Board will move to new premises at Raffles City this weekend. The EDB, which was located at the World Trade Centre over the last seven-and-a-half years, will take up five floors in the Raffles City Tower. Its91 words
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Page 2 Advertisements
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Advertisement119 1987-02-26 2 IN SINGAPORE From the world's tallest hotel. Luxurious guestrooms. 17 restaurants and lounges. 6 tennis courts and 4 squash courts. 2 swimming pools and comprehensive health centre. And over 75 shops in exciting Raffles City. For reservations, call your travel agent or Westin Hotels Resorts. Singapore Tel: 338-8585, Telex: RS119 words
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Advertisement163 1987-02-26 2 Prompt pick-up and delivery 24 hours a day 7 flights a week to Bombay 4- 5 flights a week to Madras +2 flights a week to Delhi O flights a week to India r/M£ ta&LE L-*" J Count the number of ways I please you: nine times every week. With163 words
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Page 3 Advertisements
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Advertisement70 1987-02-26 3 THE TYPEWRITER OUR COMPETITION DOESN'T WANT YOU TO SEE OR HEAR m i s m •:> U Brother Business Mo<hin«s Singopore 7 Kaki Bufcit Rood 2 *02 08 Great Fbcrfic Warehouse Singapore 1441 let 743-8000 Malaysia 37 Jolon Dewan Sudan Sulaiman Satu. Off Jaian Tuonku AtxJul Pahmon ***** Kuala Lumpur70 words
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Advertisement97 1987-02-26 3 Commercial FOR SALE By tender on 2 April 1987. Dunn House Cecil Street, Singapore. This fine 1979 built detached 16 storey office building is situated close to the prime Raffles Place Financial District. Tenure 999 year leasehold Total Net Floor Area 47,058 square feet Site Area 8,564 square feet Tenancies97 words
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ASIA-PACIFIC
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455 1987-02-26 4 Reuter US POLITICAL MUSCLE flexing over a US$6 billion Japanese airport project underlines how raw power can outweigh free trade in the battle to open Japan's markets, according to Japanese and foreign officials. The officials, who are involved in the project, said aReuter - 455 words
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223 1987-02-26 4 Reuter JAPAN'S big department stores, outraged by government proposals to introduce a controversial sales tax, have launched a financial challenge to the ruling Liberal Democratic Party (LDP). The Japan Department Stores Association and the Japan Chain Stores Association said yesterday that they had refusedReuter - 223 words
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214 1987-02-26 4 AP OPPOSITION PARTIES and Sikh leaders condemned on Tuesday the judicial report on the antiSikh riots that followed Prime Minister Indira Gandhi's assassination because it absolved the government. The report, made public on Monday, said police and a few low-ranking officials of the governing CongressAP - 214 words
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462 1987-02-26 4 FT INDIA'S economy faces serious problems on its balance of payments and the levels of public expenditure during the next few years, despite an improved trend of industrial and general economic growth which pushed the gross national product up by 5.5 per centFT - 462 words
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190 1987-02-26 4 Reuter THE NEW ZEALAND government is facing a number of economic pressures in the lead-up to an election which must be called before Sep 19, says Westpac Banking Corp in its regular economic preview. Inflation, currently 18.2 per cent, has not fallen as rapidlyReuter - 190 words
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254 1987-02-26 4 AP LEADING Thai academics are criticising a govern-ment-promoted "visit Thailand year", warning authorities of economic shortsightedness, environmental damage and cultural "sell-out" by opening the country to millions of foreign tourists. Defenders say it is the country's No 1 foreign exchange earner. They maintain tourism willAP - 254 words
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Article657 1987-02-26 4 ARRIVALS Operator Servic* Local From number tim* SU SO 201 1145 CGK su SQ191 1155 PEN THAI TG403 1155 BKK MAS MH682 1230 KCH GU GA940 1235 MES SU SQ107 1250 KUL SiA SQ203 1300 CGK BA BAll 1300 LHR/MCT GIA GA900 1310 PKU SIA SQ1 1330657 words
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Page 4 Advertisements
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Advertisement318 1987-02-26 4 Europe likely to ba hit by Japan's Invastmants, Paga Are you buying A jour mother used to m buy jour dothes? ~T f 7A r p ffe® r*so 1 Remember when Mum bought you clothes several sizes too big and waited for you to grow into them? Well, it seems318 words
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Advertisement63 1987-02-26 4 I g I I I The business person's choice, every I ff II I I Iff II I Tuesday. Saturday and Sunday. I I fl \l I Fl ffl Leaving Changi Airport at 22:05 1 IV JV»*X-L hours and arriving Heathrow at 06.45 hours the following morning. Call your Travel63 words
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Page 5 Advertisements
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Advertisement226 1987-02-26 5 f -If i w »> We know him better than his own mother does. Meet John J. Montague—Executive Vice President, Marketing for Consolidated Technologies Inc, Springfield, Ohio, U.S.A. Most hotels he stays in would never get to know much more than that about him. But at the most exclusive hotel226 words
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REST OF THE WORLD
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639 1987-02-26 6 FT GOVERNMENTS and industries in Western Europe are likely to face considerable strains adjusting to the impact of increased inward investment by Japanese manufacturing companies, according to a study sponsored by Britain's Royal Institute of International Affairs (RIIA). The study saysFT - 639 words
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328 1987-02-26 6 Reuter WEST GERMANY'S three-party coalition on Tuesday agreed to cut corporation tax and the top rate of income tax, ending a deadlock in post-election talks on the government's programme for the next four years. Finance Minister Gerhard Stoltenberg and senior partyReuter - 328 words
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210 1987-02-26 6 UPI CHANCELLOR Helmut Kohl, in an interview released yesterday, said Soviet leader Mikhail Gorbachev's new policies might be a turning point in East-West relations. He told the Neve Osnabruecker Zeitung newspaper that the West should use the opportunity offeredUPI - 210 words
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Article66 1987-02-26 6 AP DELEGATES to a Soviet trade union congress on Tuesday accused the country's labour organisations of not doing enough to improve salaries and working conditions. The Tass news agency reported that some delegates also took the floor during the first day of the congress in Moscow toAP - 66 words
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208 1987-02-26 6 AP DOMESTIC steelmakers, battling pressure from foreign producers and increased use of plastics, are calling upon US car companies to process steel more effectively. Many steel parts could be produced more cheaply than plastic if US car companies could match their Japanese rivals' efficiencyAP - 208 words
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282 1987-02-26 6 Reuter EUROPEAN COMMUNITY research ministers have reported progress in efforts to resolve a row that has held up a key community research and development programme. Belgian Science Minister Guy Verhofstadt said after a meeting in Brussels on Tuesday that the 12 EC states wereReuter - 282 words
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324 1987-02-26 6 UPI THE US PLANS to crack down on trade imbalances with emerging economic powers like Taiwan, possibly using access to the US market as leverage. US Trade Representative Clayton Yeutter, speaking to the US National Association of Business Economists in Washington, saidUPI - 324 words
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219 1987-02-26 6 UPI THE US went another US$2.l7 billion into debt last month while getting back on track towards hitting the Reagan Administration's deficit target for this fiscal year, the US Treasury Department announced on Tuesday. The announcement means Washington has outs pent its income byUPI - 219 words
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216 1987-02-26 6 Reuter THE SWISS GOVERNMENT unveiled plans on Tuesday to make the practice of "laundering" money attempting to conceal the criminal origin of a sum of money a criminal offence. A report published by the Justice Ministry recommended that it should be aReuter - 216 words
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361 1987-02-26 6 Reuter BRITISH Prime Minister Margaret Thatcher's Conservative government is drafting new legislation to curb trade union power and reinforce individual workers' rights. Employment Minister Kenneth Clarke, presenting the proposals in Parliament on Tuesday said they included the creation of a special commissioner for tradeReuter - 361 words
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Page 6 Advertisements
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Advertisement314 1987-02-26 6 7!J T-n K^Mxyoarufuet Created by the Master Chefs of the Xi Jiao State Guest House and a group of elite Chinese Nutriologists February 26 to March 12 TUNG LOK SHARKS FIN RESTAURANT "It's a new creation! Blending the precious natural herbs with excellent cuisine. Thus, you not only enjoy a314 words
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Advertisement67 1987-02-26 6 RELIVE OLD SHANGHAI WITH NEW SHANGHAI BEER Ma 4t A taste Different. Distinctive. And to anyone who knows their beer definitely reminiscent of the bars, the cabarets, the restaurants and the parties of the Shanghai of legend. Now you can relive a vanished era. New Shanghai beer has come to67 words
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Page 6 Miscellaneous
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Miscellaneous39 1987-02-26 6 Doonesbury *ri 1 r HCXU ABOUT IF UB DO A SIWY OF THB WINNING CONTESTANTS OH*WB£L OFFOKTUNETiIILBer TH£fߣ LOAPBP WITH SBLF-BS7BEM! BY GARRY TRUDEAU w r f mm ARK! me UZARD-QUBBN •mi UHHPMUS!HER T PAWN6SPACZ /SMMATIAST! r 4 m39 words
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RAW MATERIALS
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Article806 1987-02-26 7 COFFEE Robusta coffee futures eased from Tuesday's highs as jobber profit-tak-ing emerged and closed unchanged to £6 a tonne higher. The market appeared to run out of steam during the afternoon, having made gains of up to £39 at one stage. Concern about the timing of the reinstatement806 words
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Article109 1987-02-26 7 THE PRICE OF TIN on tha Kuala Lumpur tin markat yastarday fall another five cants to dose at M$l6.W par kilo on persistent sailing activity and a continued lack of damand. Daalars said strong buying ramainad abaant from abroad as moat conaumars hava alraady mat thair109 words
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Article296 1987-02-26 7 RAS prices in S cents/kg, FOB In bi ■toe NOON CLOSE Buyors Saltan Bwyars Sellers Int 1 RSS Prompt 188.00 189.00N 189.00 190.00N bit 1 RSS Mar 87 188.00 189.00 188.50 189 JO Int 1 RSS April 185.00 185 JO 185 JO 186 JO Int 2 RSS296 words
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Article301 1987-02-26 7 SINGAPORE The market closed quietly yesterday with March 1 RSS buyers quoted at 188.50 cents/kilo, up one cent from Tuesday. The morning session lost 0.75 cent on light prof-it-taking, after hovering narrowly in thin trading. Prices recovered in thin afternoon trading on some short covering after market reports of301 words
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Article85 1987-02-26 7 (canM/ltg, 1-ton poNctt) MAR 87 APR 87 (currant month) (forwai d month) NOON NOON RAS •vy«n S*N*n bym SM 30 171.00 173.00N 169 JO 170 JON SSI 50 169.00 171.00N 168.00 170.00N riijii SMI CV 260.50 263JON Iwytfi 361 JO 363JON SMI I 260.50 363J0N 361 JO85 words
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Article156 1987-02-26 7 MALAYSIAN crude palm oil prices eased from initial steadiness to close weaker yesterday on renewed short selling and reserve of buyers, in sympathy with the fall in palm oil futures. A higher overnight Chicago soyoil futures close had supported early sentiment, dealers said. Mar deliveries in the south156 words
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Article65 1987-02-26 7 Bangkok (USS/Mmm, FO») Whit* Rice 100% l« don 100% 2nd dots 255 220 100% 3rd doa 215 5% 205 >0% 200 '5% 195 115 25% 180 35% 1(0 Broken Rice A-l Supar 133 A-l SfMdol 130 C-l Spadal «nq C-l Ord unq Loonzain Rice 100% 1« grodi «nq 100%65 words
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Article113 1987-02-26 7 OIL PRODUCTS GENERALLY QUIET in the Far East spot products market as traders reassess price revels and watch European levels for direction. Gasoil weaker on news of a Taiwan tender award. Fuel oil stable to weak. Naphtha basically unchanged. Jet kerosene static. LSWR stable for the time being with potential113 words
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Article123 1987-02-26 7 Chinese Produce Exchange Nutmeg no re* nsw IWI Mi MCW *****0 imoo Seiers' noon doling print on Fob 25 (SS/100 kg). Coconut oil M K* CM Onm KM Nn dnm re* Copra 90.00 ***** ***** Gambler re* NSW ***** London Commodity Exchange ariiM M Ml 24 Warn* (lam)123 words
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Article91 1987-02-26 7 WHEAT FUTURES in Chicago extended midsession gains and closed higher after a choppy session on Tuesday, with prices ending 1-1/4 to 4-1/2 US cents higher and spot March at US$2.BO-1/2 a bushel. Uncertainty over the outlook tor sales of US wheat to the Soviet Union buffeted the market Produce91 words
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Page 7 Advertisements
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Advertisement206 1987-02-26 7 Gone today. Let's assume, for a moment, that you have an American Express®Card If that Card is lost, stolen or vanishes in a puff of green smoke, we'll get you another one within twenty-four hours (or the next business day) at any of our 1300 Travel Service Offices* around the206 words
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FEATURES
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Article470 1987-02-26 8 THE WORST SEEMS to be over for the property market. Signs of the improving situation are surfacing quite strongly. In its latest annual review of the market, Jones Lang Wootton reports that the residential property sector and part of the commercial property sector bottomed out last470 words
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Article, Illustration1446 1987-02-26 8 RAMESH CHANDIRAMANI - Ship-repairers appear to be on the mend after suffering three years of declining workload. Executives of the big four spoke to RAMESH CHANDIRAMANI and JUNE LIM on how the industry managed to turn around. RAMESH CHANDIRAMANI THE SHIP-REPAIR INDUSTRY has emerged from the storm in much1,446 words
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406 1987-02-26 8 No speak Japanese no get Japanese contract. Ah so! WHICH SHIPS local yards can repair apparently depends on what languages their workers speak. Or rather, what language they do not speak. This may seem far-fetched. But time and again, Sembawang and Keppel executives are told that the reason they are406 words
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Page 8 Advertisements
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Advertisement205 1987-02-26 8 CORUM A f Key to Perfect Time The Corum G)llection In any industry, there is always an elite brand name. A brand name so committed to quality {hat it becomes a legend among the cognoscenti. In the Swiss watch industry, that brand name is Corum. The Corum Collection of patented205 words
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Advertisement174 1987-02-26 8 Fresh Fruity Fascinating If you love the unusual, you'll love what we've done to fruits. We've concocted an exotic menu of seafood and meats served with fresh fruits. The results are simply fascinating. Here's a sampling of what to expect: Coral Cliff Prawns with Mango, Chicken Breast with Kiwi Fruit,174 words
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Page 8 Miscellaneous
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Miscellaneous320 1987-02-26 8 raHKHDCE mmmm CRYPTIC PUZZLE ACROSS 1 A pre-breakfast snack? (6) 7 To do with goH, naturally? (2. 6) 8 Face a couple (4) 10 Plncar movement in royal circles (6) 11 Something to read on board (6) 14 Allowed to go in a cattle truck (3) 16 You can see320 words
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Miscellaneous315 1987-02-26 8 8 Small bay (4) 10 Divided (6) 11 Needing speedy action (6) 14 Favourite (3) 16 Ghoetly (5) 17 Sleigh (4) 19 Piece of land (5) 21 Religious celebration (5) 22 Lead (5) 23 Feiines (4) 26 Flower (5) 26 Distant (3) 29 Make a great effort (6) 30 Show315 words
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Miscellaneous44 1987-02-26 8 Bristol FtaixkLDicfc=r£ I LJOULO UK& TO TNfthJK PTC?. PW<E.L I VOvJ FOR EFFORTS voo hp\ndi£d my WORK whist) I Ufts ON my s«hn& holiday .J\ POSITION y MBS rsssssns V [91 Lv^li"' Tne OF com»NG to fpscc uinp PVN CnPTy IN UPON my kctuRNJ44 words
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SPORTS
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201 1987-02-26 9 UPI ZOLA BUDD said in London on Tuesday she was back in training for the first time in six months after treatment in West Germany for pains in her right leg that she had feared would end her international track career. BuddUPI - 201 words
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Article430 1987-02-26 9 WALTON MORAIS - By WALTON MORAIS OUTSIDE the fence, a towering branch came crashing down under the buzzing saw of environment workers. On centre court, Singapore's hopes for glory in international junior tennis suffered a similar fate. As the morning sun blazed mercilessly over the Kallang Tennis Centre, Pakistan's430 words
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263 1987-02-26 9 Reuter IVAN LENDL, world number one and top seed, breezed through his opening match in the US$l.B million International Players' tennis championships on Tuesday with a 6-2 6-3 6-2 win over unseeded Chilean Ricardo Acuna. The tournament, which is being held inReuter - 263 words
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Page 9 Advertisements
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Advertisement126 1987-02-26 9 Only 3 days left to place your ad. x <* EM V 3K V t- >; gr V W? Wln. JS m 4> ***+n *> t*"^S c?.2£>.£ v m 10 m v «s^^*>*2 \\v» WE ARE USED TO BEING WELL USED Well-worn and dog-eared, Yellow Pages is used time and126 words
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Page 9 Miscellaneous
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Miscellaneous1453 1987-02-26 9 ***** TO (Ml) ■i Mary Staenbergan (right) turns In a Una parformanca as Malcolm McDowall's Amarican glrtfriand. THURSDAY FEATURE SPECIAL Tlma Altar Tlrna 10.30pm, Channal 5 Famed scholar, author and inventor H G Wells (Malcolm McDowell) pursues Jack the Ripper from 19th century London to modern day San Francisco in1,453 words
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INTERNATIONAL STOCKS
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574 1987-02-26 10 FT PRICE WATERHOUSE, the third largest UK accountancy firm, has been reprimanded by the Joint Disciplinary Scheme (JDS) of the accountancy professional bodies for its role in covering up an attempted fraud by a public company it was auditing. The reprimand, the most seriousFT - 574 words
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Article377 1987-02-26 10 Reuter WALL STREET stocks closed slightly higher on Tuesday as investors regained most of their composure following Monday s volatile session. Trading, however, remained cautious with the Brazil debt situation and the course of the dollar playing a prominent role in investment decisions. The DowReuter - 377 words
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Article138 1987-02-26 10 1 FU 24 C Imp Oil CI A. 55* 19* •1 Abitibi 37 uncti uncti uncti -H Int Prov Pipa 43* lu Int! 22* 10* Karr Addison 19* uncti Bank Nova Scotia.. 18* Loblaw Co McMil Bldi 13 81* 28 Ball Canada 41* uncti 32 Bp Raaourcas 37* 28*138 words
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Article194 1987-02-26 10 FEB M MOU HAND STOMALS Truat 8k Un Staal WooNru 150 80 1460 2 unch -25 A Alpha 1580 50 MM Angloa MM 8675 -100 A#ci Angvaal *****8 unch 510 Blyvoor 2300 -150 5400 Buffais 7725 -125 1950 66 Chartaf 212SS C G Smitti 3625 Cone Gold 4800 50194 words
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Article564 1987-02-26 10 A lean Alumin Alcoa 37 43% Allag Intt 14% Alliad Sig 45% Allied Storaa AJUa-Chalmara Am Brand* Inc 3* #0* 106* •1* 2* MM Am Elac Pwr 2K 69* Am Horn* Prod 66* 3* 1* 17* Amtrtdt Hm 27* -1 71* •1* 50* 19* AD RtchfiakJ 66* AH564 words
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Article776 1987-02-26 10 Amsterdam PU M n.• ABN 310.00 2 5 AhokT M.ao 106 SO •0.1 -05 Akzo 131 SO -02 Alranta 142.20 AMEV Amro Bank. Am Stad 06.20 86.10 ***** uneh 0 5 Barkal BOLS 17.10 147 SO -0.1 .1 Boraumij 142 Buahrman TaBaroda 51.90 Calva OK Elaaviar Ma 00776 words
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Page 10 Advertisements
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Advertisement124 1987-02-26 10 «s I Wtere id wise. dim asi «aMtia The Drams Roll and A Special Ceremony takes place at 8.15 pm every Thursday... The Executive Chef will then ceremonially carve a succulent roast, done to a turn on the one and only roasting spit in town. Treat yourself to a hearty124 words
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Advertisement144 1987-02-26 10 it of Ameri< NEHscover a whole new world ot oyster flavours Our of America star- quality luscious oyster?. C .reat tasting, great value. With f-rance's Belon 0000 At the refined Manhattan I.rill, the choice tor superlative American tare. Manhattan Grill. February 11-28, 1987. Lunch Dinner. /> Roulev.ird Hoirl Singapore ?00144 words
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Advertisement190 1987-02-26 10 TEOCHEW PORRTDGT BUFFET $5SO+ 3 Z r enact H $5: »in/'rvKTirtv riKf* Ip* Pcraon) You can er i°y savoury'homely dishes such as braised pork 9 steamed stuffed bean curd 9 sambal bnrjal 9 fried salted fish 9 sauteed chicken with mushroom 9 sauteed chai poh omelette 9 fried black pomfret190 words
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Advertisement68 1987-02-26 10 TREATS AT 4*l* Teppanyaki Set Lunch at $18.00++ With a choice of beef, chicken or seafood and served with appetizer, rice, soup, pickles and dessert OR 12 different sets of Japanese lunches priced from $10+ to $20+ per set Lunch: 12 Noon-2.30 pm Pinner: 6.30 pm -10.30 pm 10 Eu68 words
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Advertisement128 1987-02-26 10 London slocks on Pags 15 That's how we count at The Lounge during our Happy Hours from 5 pm to 7 pm daily. When a guest has had two similar drinks, the third is free. And every night at 8 pm except Sundays. The Melody Band from the Philippines entertains128 words
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ASIAN STOCKS
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Article399 1987-02-26 11 HONGKONG: Share prices closed sharply higher yesterday in hectic trading as overseas and local investors continued their buying spree, brokers said. The Hang Seng Index rose 25.39 to end at 2,873.58. The Hong Kong Index rose 16.93 to 1,837.54. Turnover was HKSI.S6 billion. Brokers said the market met light399 words
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Article220 1987-02-26 11 pa m All Sinew* Indus Asia Camant. Caihay Cons MTt 2.46 33 10 42.70 unch -0.3 -0.1 Kuochan Oav Laa Chang Yuan Cham Indus Lisn Hwa Indua .26.20 .32.90 21.40 37 60 0.1 •0.3 unch •0 5 Chang Hwa Bank 52 00 -0.5 Pacific Cons 29.50 0.1 Chfa Hain220 words
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Article387 1987-02-26 11 TOKYO: Prices closed mixed in very active trading yestsrdsy as investors shiftsd funds from rscent msrkst Issders into sscurities, chemicals and selected domesticdemand related issues. The market average clossd up 109.85 st 20,186.33. Volume was s heavy 1.5 billion shsres. Previously strong Nippon Telegraph and Telephone fell sharply along387 words
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Article121 1987-02-26 11 FU M Kal 1300 70 Chad Sugar 2000 1 Kangwon Ind Kia Motor ***** 1020 140 70 Daaltm bid D—woo Corp .986 1006 10 37 Koton tod. ...3040 -31 -100 12M 32 1400 30 Daiahln Sacurfttaa. Dong Ah Phar .3600 ***** -11 000 Oriental Ch*m 1600 ...***** 12 •100121 words
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Article389 1987-02-26 11 SYDNEY: Australian share markets closed weaker yesterday in bearish trading as traders sold leading resource stocks, banking and media stocks. One broker described the market as tired and looking for fresh news. "Investors are really looking for some signs of interest rate* coming down or a significant rise in389 words
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Article151 1987-02-26 11 Reuter BANGKOK: The Stock Exchange of Thailand Index slid 0.99 to 207.70 on a turnover of 1,396,603 shares worth 169.3 million baht. Reuter PCI a Ao Kham Thai Ayudhya Invaatmai Bangkok Agro-lnd. Bangkok Bank BAMT 254 71.90 263 -2 unch +2 Saha Union Siam Cafnant. Slam City Cafnant SiamReuter - 151 words
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184 1987-02-26 11 Reuter SOUTH KOREA, which produces no oil, plans to invest US$l5.3 million this year in joint oil exploration off the Korean peninsula. Energy ministry officials said the state-run Korea Petroleum Development Corp (Pedco) is seeking foreign partners to drill a well inReuter - 184 words
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341 1987-02-26 11 Reuter GREEN ISLAND Cement Co Ltd is to reorganise its share capital to form a new public company and acquire the China Cement Co (Hongkong) Ltd in a share transaction worth HKs2B4.gB million. The company said in a statement that under a proposed schemeReuter - 341 words
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284 1987-02-26 11 AP THE Japanese government is considering rescue measures for its two aluminium joint ventures with foreign governments, in Brazil and Indonesia, which have been having trouble paying outstanding debts following the yen's sharp rise. An official of the International Trade Industry Ministry said "aAP - 284 words
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Article153 1987-02-26 11 Reuter PROPERTY DEVELOPER T S Cheng and Sons Ltd will buy Beauforte Holdings Ltd, s shipowning subsidiary of Wharf Holdings Ltd, HK, cancel its capital and float a new wholly-owned unit through the shell, Cheng and Beauforte said in a joint statement. Beauforte shareholdersReuter - 153 words
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Article73 1987-02-26 11 Reuter INDONESIA is putting two stateowned hotels up for sale, the first offerings in a campaign to sefi off loss-incurring stats enterprises. The hotels are the Putri Bad Hotel on Bali Island and the Samudra Beach Hotel on the Indian Ocean shore south of Jakarta.Reuter - 73 words
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Page 11 Advertisements
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Advertisement618 1987-02-26 11 to Wim, *****5 aai entertain f. Fashionably hyatt Join the fashion-conscious every Tuesday, Wednesday and Thursday (3 6 pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative618 words
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Advertisement109 1987-02-26 11 5 IRRESISTIBLE OFFERS 40% OFF all Premium brands and bottle rates Buy one drink and get one FREE Extended Happy Hour 12 noon Bpm Entertainment by 2 top bands nightly (6pm 2am*) Trmwcnons A popular show band from the Philippines 3 >1 W (hcfuvul Singapore's most popular band tjjC444£4MVlu> (CAIRNHILL109 words
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BANKING AND FINANCE
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277 1987-02-26 12 Reuter THE CHIEF ECONOMIST of Salomon Brothers Inc, Henry Kaufman, expects at least one more cut in the US discount rate by midyear. Speaking in Tokyo yesterday, he said the rate might not be cut within the next month, but that byReuter - 277 words
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Article775 1987-02-26 12 SINGAPORE: The US dollar yesterday closed lower against most major currencies in thin trading as sentiment remained bearish. It met light selling pressure in the morning after Mr Kaufman's remarks that he expected another cut in the US discount rate and the US currency could fall to 140775 words
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Article235 1987-02-26 12 Interbank rates at 3pm yesterday: Cvmncftw Nominal ralN SnMiMnlMi BM Okf aeeeperHr Local dollars to me unit of foreign currency: US dollar 2.1400 2.1410 2.8196 -24.10 Staffing pound 3.2966 3.3003 7.3469 -55.13 Australian dollar 1.4402 1.4430 3.4286 •57.99 NZ dollar 1.1812 1.1839 3.4286 -6555 Canadian dollar 1.6102 *****235 words
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Article, Illustration60 1987-02-26 12 THE OVERNIGHT rate on the Singapore interbank market yesterday closed unchanged from Tuesday at 3 per cent. The term rates also closed unchanged. prime landing nrtsaTel 12 S$ Interbank rates at 7pm yesterday: Offer Md tornnight 3 2 7/» lnwMti 3 1/3 3 3/t 2-mon* 3 1/3 360 words
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Article201 1987-02-26 12 ASIAN OOLLAR deposit rates closed steady at the morning's levels. Inferos r ik d#ooftit ratee us$ Offw Md 7 days 6 1/4 6 1/S 1 month 6 5/16 6 3/16 2 iwm«hi 6 9/16 6 7/16 3 mcmda 6 9/16 6 7/16 6 mm ill ii 6201 words
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Article358 1987-02-26 12 HONGKONG: Gold yesterday closed steady in quiet and dull trading in the abeence of fresh factors. Dealers said that light buying interest in the morning quickly thinned out as traders awaited further developments in the debt repayment plans of Latin American countries. The metal ended at U*****.70/U*****.20 an358 words
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Article594 1987-02-26 12 BA Futures AFTER OPENING at the day's high of 93.69, June Eurodollar eased oft sharply to 93.63 in active trading on rumours that a major US bank was facing financial difficulties over Latin American debt problems. However, the market saw support at 93.63 on Mr Kaufman's forecast of aBA Futures - 594 words
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Page 12 Advertisements
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Advertisement477 1987-02-26 12 □3 VW.WZiLiI Japanese Restaurant i Choose Jroni 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, they477 words
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Advertisement291 1987-02-26 12 NOTICES Resolnttom At an Extraordinary General Meeting of the members of LI-Yin Beauty Saloon Private Limited duly convened and held at 111 North Bridge Road #13-01 Peninsula Plaza, Singapore 0617, on 23rd February 1987 the following Special Resolutions were duly passed: RESOLVED: 1. That LI—YIN BEAUTY SALOON PRIVATE T.TMi'i'iei) be291 words
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Advertisement263 1987-02-26 12 DAPOLITE INDUSTRIES PTE LTD LOSS OF SHARE CERTIFICATE The following ordinary share certificate has baan reported lost or destroyed: NOTICE IS HEREBY GIVEN that if within fourteen deys from date of publication, no claim or representation in respect of such certificate is made to the Directors, they will proceed to263 words
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Advertisement86 1987-02-26 12 U5530,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 27th February 1989* The Dai-Ichi Kangyo Bank Limited (Singapore Branch) In accordance with the provision of the Certificates, notice is hereby given that for the initial six month interest period from 26 February 1987 to 26 August 1987, the Certificate86 words
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SHARE INFORMATION
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Article, Illustration4278 1987-02-26 13 THE SINGAPORE stock market eased yesterday on moderate trading as it went into its third day of consolidation. The Straits Times Industrial Index fell 1.21 points to 1.056.80, while the BT Composite Index fell 2.36 points to 936.75. Total turnover stood at 37.7 million worth4,278 words
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Article261 1987-02-26 13 SINGAPORE Rises Indices 1 c s 930 110 Fab 24 Fab 25 KMnghol 50* 290 100 IT Camp) Mb* 939.11 93*75 MmidiHu U O 1 630 50 ITMn tor 4M72I44 4*224*79 344 32 •T Ot/OS 27» +243 D S 1210 30 IT Cadi -*3M -*332 CCM 5*0261 words
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Article4403 1987-02-26 13 810 and offer prices officially listed 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 unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".4,403 words
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COMPANY NEWS
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Article, Illustration1504 1987-02-26 14 NAJEEB JARHOM - By NAJEEB JARHOM MARINE-BASED companies are expected to report encouraging results for 1986 and most analysts see further improvement this year. This is because the full benefits of the marine sector recovery and the government-inspired cost-cutting measures will only be felt this year.1,504 words
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Article518 1987-02-26 14 THE TECHNICAL correction from the recent bull run continued for the third consecutive dey on the Kuala Lumpur stock market yesterday. Share prices closed mixed to easier again. Except for selective second liners, most counters finished on an easier note on continued profit-taking. Some of518 words
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Article2838 1987-02-26 14 BID and offer prices officially listed and tmsirwi in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number at shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Aana (187B) Ajbsomoto ***** 01 312 19 320 Akom2,838 words
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Article119 1987-02-26 14 HONGKONG Hongkong Index Wednesday 1837 54 Tuesday *****1 Week ogo *****3 Hong Song Index Wednesday 2873 58 Tuesday *****9 Week ogo 2801 48 All Industrials Wednesday ***** Tuesday ***** Week ogo 2497.5 NEW YORK Dow Jones Tuesday *****8 Monday 2216.54 Week ogo 2237 49* TOKYO Nikkei Average Wednesday119 words
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Article241 1987-02-26 14 Monog«rj' prices for Feb 26 MARA-Bumiputra First B'putro 601 60S Singapore Unit Trust S*cond B'putro Third B'putro 536 420 541 425 T1» Coamwrc* 1 03 III Fourth B'putro 480 485 Th« Savings Fund 093 100 Fifth B'putro 318 323 S pore frog Fund 041 045 Sixth B'putro 324241 words
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Article181 1987-02-26 14 FRASER ft NEAVE Limited: 88th AGM at 475 River Valley Road, Singapore 1024, today at 10am. GLENEALY PLANTATIONS (MALAYA) Berhad: EGM at Wisma Taiko, No 1, Jalan S P Seenivasagam, Ipoh, Perak, Malaysia, tomorrow at 11.30am. PALMCO HOLDINGS Berhad: 10th AGM at the Conference Room, The Casuarina Beach181 words
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Article, Illustration570 1987-02-26 15 HOCK LOCK SIEW MINORITY SHAREHOLDERS would surely want to know where they stand in Sim Lim latest restructuring proposal. One thing for surs is that if the plan goes through, they will suffer a drastic dilution of their sharshoidings. The new scheme, whichHOCK LOCK SIEW - 570 words
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415 1987-02-26 15 MBT CHEMICAL CO of Malaysia (CCM) ha* projected a pre-tax profit of M 116.1 million after its proposed bonus issue and restructuring scheme. This com- pares with M 510.5 million before 'the scheme is implemented. CCM made the projections in aMBT - 415 words
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Article132 1987-02-26 15 PROMET BHD confirmed yesterday that it had withdrawn all its suits againat the group's creditor banks, as part of the overall restructuring negotiations currently in progress. On Monday, the High Court in Kuala Lumpur dissolved an injunction stopping 17 creditor banks from winding up Promet and its subsidiaries132 words
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Article966 1987-02-26 15 EQUITIES opened higher across the board yesterday after Wall Street's sevenpoint rise overnight, but some dealers were surprised at the scale of the gains given that the underlying client business appeared be fairly thin. Prices were helped to some extent by British Prime Minister Margaret Thatcher's comments on966 words
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Article, Illustration510 1987-02-26 15 NAJEEB JARHOM - By NAJEEB JARHOM METAL BOX Singapore (MBS) has taken a partner from Austra-lia-New Zealand for its sxpanding corrugated fibreboard box operations in the Republic. Its new partner, Anfor Pty Ltd, jointly-owned by NZ Foreet Products Ltd and Amcor Ltd of Australia, ia510 words
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420 1987-02-26 15 Bernama ALTHOUGH TOBACCO will remain as its cor* business, Malaysian Tobacco Company Bhd (MTC) is looking at diversification to broadsn its earnings base. MTC chairman Gordon Watson said the company is actively looking for investment opportunities as it believed that Malaysia "isBernama - 420 words
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155 1987-02-26 15 Reuter SOUTHERN BANKING BHD has spplied for listings on the Singapore and Kuala Lumpur stock exchanges. The bank wants to enlarge its capital to M 5110.3 million from Ms7s million now by offering about 14 million shsres in April. Southern Bank's chiefReuter - 155 words
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383 1987-02-26 15 KUALA LUMPUR KEPONG has teamed up with the Boustesd group to form s joint-venture research company. The latter will cater to the increasing demand for scientific sgronomic advice while at the same time carry out reeearch into supplying better planting383 words
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LATEST RESULTS
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Article61 1987-02-26 15 Group after-tax profit of M 53.44 million on turnover of M 540.3 million for the half year andod Dec 31, 1906. An interim dividend of 7 per cent leee tax will be paid on April 10 to eharehoiders registered on March 20. UAC eaye the overall reeults for61 words
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62 1987-02-26 15 Operating pre-tax profit of M 5646.000 on turnover of M 56.42 million for the six months ended Nov 30, 1006, due to a severe drop in crude palm oil price. At an average palm oil price of MS7SO per tonne, it said62 words
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Page 14 Advertisements
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Advertisement610 1987-02-26 14 |<!+<~*&{\'.\"@}]$"{.("+?)>\/[+ C&L Lybrand Associates provides a comprehensive range of management consultancy services aimed at helping clients increase the effectiveness end profitability of their organisation. "Tnese services include Corporate Development, Organisation Planning, Financial Control and Management Information Systems, Manpower Reviews and Cost Reduction Study, Electronic Data Processing, Manufacturing and Distribution Systems,610 words
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Page 15 Advertisements
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Advertisement110 1987-02-26 15 Company. Featuring Russell Manoy, Mac FSIAD, London-based Head of Ergonomics and International Product Design, Allied International Designers. He will talk about adding the third dimension in selling to help you sharpen your competitive edge in home and export markets through Design. Supporting speakers from Japan, US and Singapore will highlight110 words
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Advertisement192 1987-02-26 15 m •If SINGAPORE COMPANY LAW GUIDE (For professionals and students) Written by: Dinyar B. Framjee Luke Thomas Rayman Mok Yeow Fay Balbeer Singh Mangat of F.TMS. Consutranfc (Singapore) Pre Lfd the exclusive Singapore agents of CHART FOULKS LYNCH, PLC (UK) indudes: Free updates for CA 1987 Amendments SES and SESDAQ192 words
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Article, Illustration540 1987-02-26 16 BOEY KIT YIN - Government sees at least 10pc growth this year By BOEY KIT YIN BOOSTED BY strong US demand, the electronics industry last year chalked up a record output of $12 billion. Detailed figures are not available, but sources said the industry's output last year rose about540 words
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270 1987-02-26 16 Reuter IN A MIXTURE of carnival gaiety and religious solemnity, 500,000 Filipinos jammed Manila streets yesterday to celebrate the first anniversary of the revolt which brought President Corazon Aquino to power. The police said that up to half a million people wearing the yellowReuter - 270 words
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Article, Illustration339 1987-02-26 16 ELAINE KOH - By ELAINE KOH BRUNEI-BACKED QAF Ltd has withdrawn its offer to buy into the Emporium group as a result of a last-minute hitch yesterday. The Lim family, one of the three parties in the agreement, did not show up for the signing ceremony yesterday,339 words
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276 1987-02-26 16 UPI THAILAND'S economy is expected to expand by 5.4 per cent in 1987, spurred by strong growth in industrial exports, foreign investment and tourism, Bangkok Bank said yesterday. "It is estimated that the Thai economy in 1987 will expand by 5.4UPI - 276 words
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353 1987-02-26 16 AP BRAZIL'S decision to suspend payments on part of its international debt should not be seen as a signal to other Latin American debtor nations to follow suit. US Treasury Secretary James Baker said. Mr Baker was confident Brazil wouldAP - 353 words
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263 1987-02-26 16 AFP CHINA hopes to move in the next five years from a centrally planned economy to a new system of a "planned commodity economy", says a confidential Chinese memorandum prepared for the General Agreement on Tariffs and Trade (Gatt). The memorandum, dated Feb 13,AFP - 263 words
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296 1987-02-26 16 Reuter JAPANESE COMPANIES, already wary of investing in China in spite of the soaring yen and pressure from Beijing, have become even more cautious since the removal last month of Communist Party chief Hu Yaobang. Investment from Japan, China's biggest trading partner and supplierReuter - 296 words
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369 1987-02-26 16 Reuter DEBTOR NATIONS in Asia are unlikely to follow Brazil's decision to suspend interest payments. bankers and economists in the region said yesterday. Philippine Finance Secretary Jaime Ongpin yesterday ended speculation about whether the Philippines would make a similar move by announcing thatReuter - 369 words
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Article83 1987-02-26 16 Reuter COMEX GOLD FUTURES gained more than US$6.OO on speculative buying yesterday morning following firmness in overnight markets. Profit-taking cut into the advance. Gold for delivery in April was ahead US$6.2O at US$4lO.BO an ounce. Silver futures went over Tues- day's highs on buying spurred byReuter - 83 words
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Article65 1987-02-26 16 Reuter WALL STREET stocks were lower in moderate trading yesterday. Anticipation of continuing weaknees in oil prices provided incentive for more profit- taking in the energy sector. Pharmaceutical issues, led by Merck, remained in the leadership position. The Dow Jonee Industrial Average el id a fraction toReuter - 65 words
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LATE FILE
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Article56 1987-02-26 16 Bernama ES MALAYSIA has no choice but to become a low-coet producer in order to ensure the competitiveness of its products in the world market. Finance Minister Daim Zainuddin said yesterday. "If we fail to keep our costs down, I am afraid inveetors will loseBernama ES - 56 words
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Article40 1987-02-26 16 Reuter FRENCH Finance Minister Edouard Bahadur said that there would be no changes in French economic policy in spite of inflation being higher and growth lower than expected in the first months of this year. ReuterReuter - 40 words
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Article66 1987-02-26 16 Reuter ONE WEEK before a visit to Beijing by American Secretary of State George Shultz, a Chinese epokesman called Sino-US ties stable but indicated that Beijing continued to chafe at Washington's tiee with Taiwan. A Chinese Foreign Ministry spokesman told a weekly preee briefingReuter - 66 words
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Article38 1987-02-26 16 Reuter KREMLIN leader Mikhail Gorbachev made a fresh attack on opponents of his drive tor political renewal yeeterday, declaring that more democracy was eeeential to stop the Soviet Union from lapeing into stagnation. ReuterReuter - 38 words
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Article31 1987-02-26 16 Reuter THE INDONESIAN government has banned the current issue of the Far Eastern Economic Roview, apparently becauee it contained a story about Preeident Suharto's family business interests.Reuter - 31 words
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Page 16 Advertisements
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Advertisement64 1987-02-26 16 ASIAPRINT ASIAPRINT'B7 S.E. Asia's sth International Exhibition of Printing, Graphic Arts Equipment and Supplies. Incorporating: Printing Services Section In-Piant Printing -87 9-12 September 1987 World Trade Centre Singapore Sponsored by: Master Printers' Association, Singapore Official Publication: Worldwide Printer Supporting Publication: Australasian Printer HI MTdffAMA EXHIBITIONS HI LID 1 Marin® Parade64 words
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Advertisement3 1987-02-26 16 8m Pag* 3 !}_=**,?"~.^*%=&"<>~?=~[<$(.!*`3 words
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Advertisement185 1987-02-26 16 India fictt problem* on bilincc of payments, Pag* 4 For the best cuts from the Mid-west m rca II Ummmmm that's what our guests say when they run out of words to describe our superb steaks. Done to perfection by Chef Magnus Johansson, who is as big-hearted and generous as185 words
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Page 16 Miscellaneous
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Miscellaneous0 1987-02-26 16 `~@]((>>{_]"[+'\~')?*@!$&-~=)>^0 words
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SHIPPING TIMES
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Article, Illustration354 1987-02-26 17 G DURAIRAJ - By G DURAIRAJ PENANG PORT posted a satisfactory increase in its throughput last year. The Malaysian port handled 7.86 million tonnes of cargo, representing a 5.6 per cent increase over 1985. The increase was significant in view of the continued economic slowdown in the354 words
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220 1987-02-26 17 Reuter ASIAN rubber producers should strive for ways of obtaining fair freight rates for shippers of the commodity, said Ling LeeHua, chairman of the Rubber Association of Singapore. Ling told a regional rubber seminar in Chiang Mai, Thailand, on Tuesday that he hoped shippingReuter - 220 words
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126 1987-02-26 17 THE SINGAPORE and Taiwan shippers' councils will look into joint freight operations and ways of maximising the use of feeder services between the two countries. During a visit by the chairman of the Taiwan Shippers' Council to Singapore, the two sides also agreed to126 words
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PORT SIDES
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Article59 1987-02-26 17 Reuter THE JAPAN/lndia-Pakistan-Gulf/Japan conference said it will cut the currency adjustment factor on shipments from Hongkong to India and Pakistan to 38.5 per cent from 40.5 per cent, effective March 1. A similar change will apply to Gulf shipments not covered by the existing temporarily reducedReuter - 59 words
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Article104 1987-02-26 17 AN INDONESIAN IMPORTERS GROUP has accused the Swiss-based Societe Generate de Surveillance (SGS) of overstating prices of goods it inspected by up to 300 per cent. Chairman of the Association of Importers (Ginsi), Zachri Achmad, told AFP recently that the Swiss surveyor firm had104 words
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Article96 1987-02-26 17 Reuter ITALIAN PORT WORKERS plan to go on a 24-hour strike today to protest against a government decree establishing early-retirement benefits, labour union and port officials said on Tuesday. Italy's three national labour confederations called the strike to protest against the decree issued last monthReuter - 96 words
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Article1119 1987-02-26 18 FAIRLY ACTIVE chartering is reported throughout the freight market on Tuesday with a lower trend seen for some grain fixing out of the US, ship brokers said. Grain from the US Gulf to Japan received an unchanged U5513.75 but two cargoes were covered from the Gulf to the1,119 words
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Article, Illustration795 1987-02-26 18 Conflict over move to cut workforce and modernise operations Reuter AMBITIOUS PLANS which port management says aim to revive Genoa, Italy's largest port, after years of losses and re- i store its former dominance of < Mediterranean trade have run < into toughReuter - 795 words
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Article709 1987-02-26 18 AB Shpg V 5 Accord Shpg VI 3 Africo Ocean IX 4 Alltrans VII 3 Anro Service IV 2/3 ANL 1 1/2 APC Line V 4 API III 2/3 ASCI III 1 Bolt-Canada Line VII 4/5 Bait-Orient Line VII 4/5 Bank Line V 5 BBS II 4/5709 words
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296 1987-02-26 18 AP A PANAMANIAN FREIGHTER was yesterday heading towards 19 Filipino fishermen in life boats whose ship apparently capsized in a vicious North Atlantic storm, hundreds of kilometres off Newfoundland, the US coast guard said. The freighter, the Friasi, was expected to reachAP - 296 words
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Article177 1987-02-26 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 Line177 words
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151 1987-02-26 19 AFP SOUTH AFRICAN produce worth millions of dollars is getting into the US despite the partial embargo ordered last October, said the Journal of Common*. US government officials and merchant marine sources told the paper that South African exportersAFP - 151 words
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591 1987-02-26 19 UNITED STATES LINES and Crowley Maritime Corporation have confirmed that they are discusaing the sale of US Lines's weekly service to the South American east coast. Crowley's subsidiary, American Transport Line (Amtrans), is understood to be interested in buying the service. Spokeswomen for both591 words
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125 1987-02-26 19 Reuter CAROLINA FREIGHT CO president end chief operating officer Kenneth Meyhew has projected an increess in rsvenue in 1987 to US$62O million from US$59l million in 1986. Msyhew ssid on Tuesdsy thst he expected the growth to come from cost-cutting msasures, incrsssed efficiency, continued expensionReuter - 125 words
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282 1987-02-26 19 THE THAI Board of Trade has opposed plans to instsll six Yugoslav gantry cranes at Bangkok's Klong Toey port ss the surcharge levied for us* of the cranes would push up ths price of Thai exports and maks them less competitive. The282 words
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242 1987-02-26 19 Reuter THE TRUSTEES of Sanko Steamship Co of Japan and Shell International Marine Ltd. a unit of Royal Dutch Shell Group, have reached an agreement under which Shell will charter 12 Sanko vessels of 80.000 to 100.000 dwt onReuter - 242 words
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Article210 1987-02-26 19 ALL SURVEYS are conducted on Fob 10 Argentina Buenos Aires 10 vessels operating. Australia Brisbane Normal operation; Melbourne Normal operation; Sydney Normal operation. Bangladoeli Chalna 10 vessels operating; Chittagong 15 vessels operating. Brazil Santos Waiting time of up to 2 weeks. Cameroon Douala Normal operation. Chile Valparaiao Normal210 words
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119 1987-02-26 19 LLOYD'S REGISTER'S Research Laboratory in Crawley. Britain, which offers a wide range of testing and analytical services for marine, offshore and land-based industries, has received accreditation under the National Meeeurement Accreditation Service (Names). The approval covers chemical analysis of ferrous and non-ferrous metals; dimensional teeting,119 words
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6301 1987-02-26 24 §®aBG)(!EB 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 of6,301 words
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Article1742 1987-02-26 25 Who acts for whom The leading shipping lines operating from local ports and their agents A —B A Top Enlerpriaee PM LM Sam* (S) AS Shipping Bouataad Shpg Aganciee. AIM Lin* African Shpg Agenciea (S) Ahrenkiel Liner Kim Shpg (S). Alfred C Toeplei Oceanua Shipping Agenciea (S) Multiport Sdn Bhd1,742 words
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Article124 1987-02-26 26 Area/Port Viscosity Density Water CSTstSOC G/ML at 15C Volume 0/0 Africa/Red Sea Jeddah 133/181 0.945/0.955 0.0/2.5 Durban 50/157 0.974/0.992 0.0/0.5 Arabian Gulf Ras Tanura 136/245 0.946/0.968 0.1/0.2 Bahrain 181/194 0.969/0.978 0.1/0.2 Europe Rotterdam 38/510 0.963/1.009 0.0/0.8 Hamburg 35/402 0.937/0.996 0.0/0.7 Le Havre 25/360 0.926/0.985 0.1/0.1 Genoa124 words
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Article454 1987-02-26 26 AT CONVENTIONAL WHARVES Viml Barlh Arrival Departure KEPPEL WHARVES Arrow Prince K18 olongside 2702,0600 Bongo Se'owor K36 alongside 2702/0700 Globe Trotter K33 alongside 01 03/0600 lucky Star K30 alongside 27.02/2300 New Goloctica KI7 alongside Polembang K35 alongside 28.02/2300 Straits Pride K24C alongside 27 02/0600 Straits Venture K25W454 words
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Article915 1987-02-26 26 CO TEI RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdna FCL Arrival LCL movamant Ship Voy date/time Operator cargo schadula Locatk Uni Fortune 0I5C 26.0287 1800 Green Asia F5A 0900-1000 F4 Z Sydney IIIW 26.02.87 1900 Star Shpg F7 0900-1000/1000-1100 P5/S5 As Princess 0S4 2602.87 2300 lAft915 words
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Page 17 Advertisements
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Advertisement719 1987-02-26 17 Mammoth Hunters JMn M. Auel L J CORONET BOOKS Available at all Good Bookshops. 2 Ju'oog R>rt Road Singapore 2261 HH *****55 wm jmobc SMPTMG AGENCR (*n 242*4/ OOK) TOO Cantornnwt Road *12-05 Soothpomt Smapore 0208 Tel *****11 TELEX NO RS ***** TEMRNAL/CFS TM *****11 220 BOOKMGS TH *****34 235719 words
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Advertisement70 1987-02-26 17 AMBITIOUS PLANS which aim to revive Genoa port after years of losses have run into tough opposition from dockworkers. Page II UNITED STATES LINES and Crowley Maritime Corporation have confirmed that they are negotiating over the sale of US Lines's weekly service to the South American east coast. Page ill70 words
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Advertisement962 1987-02-26 17 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OP SUBSTANCE But what is the price she has paid? AvaUabhataK good bookshop* I MAERSK LINE Shipping to USA-CANADA? You can still avail your shipments to the pre-greneral rate increase rates if you deliver your shipment962 words
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Page 18 Advertisements
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Advertisement360 1987-02-26 18 j^3 O J f BOUND TO NORTH CONTINENT [■'.Mi :tm COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT n —n ITT m an w v WLU oe Mima OUTBOUND TO MEDITERRANEAN OUTBOUND TO ARABIAN GULF AND INDIAN SUB360 words
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Advertisement287 1987-02-26 18 TRANSPORT EUROPE/PAR CAST TEL: n 230—60 HA son. BHO. TLX: 2011C.MTM FrL Booking contact Mlm Qon ME LOG. POR Further load/ discharging porta Smppon Apnt Goodrich Maritirr en routs autoject to aufflciont t« Pta Ltd. Tot: *****36 Tlx: RS i .Barber Blue Sea The Super System Supcrcarricr Srr\ ice L287 words
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Page 19 Advertisements
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Advertisement537 1987-02-26 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd norvpr P&O Containers Limited CONTAMERSMP SERVICE TO UK/CONTMENT: f-4-j fpn pjomi rtM Htm uh§ BP a/s if in an w aa aa »a <m aa aa an a mi w w a aa aa aa w aa aa 279 aa a537 words
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Advertisement495 1987-02-26 19 Franco Belgian Services rr a rIU MF MBFR OF ACE CONSORTIUM) 1.1. J mn mww A'wmp UNmm M 7 M M MM 12 M M MM MM 17 M MM M a M MM MM MM M MM IBv ihr IMv Hv 7Hv Ikr MHv 12 Hv CHARCEURS REUNIS I495 words
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Page 20 Advertisements
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Advertisement417 1987-02-26 20 CONTAINERSHIP SERVICE TO UK CONTINENT CONVSEMI CONTAINER SERVICE TO FUROPE CONVSEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Htari B'havan Mm LaHavra Stan PK S'parai A'warp wrt Eipraaa SM SM SU SM SM 27/2 10 lar SM SM SM SM SM 7/1 *3 ■w* SM 21/2 SM417 words
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Advertisement516 1987-02-26 20 21 FULLY CONTAINERISED SE RVICE F TO fUROPf VIA SuTTT ot ,hf ,cf Consoftuim S'para P.Mmi 4/3 (2/3) W3 11/3 (J/3) 3*3 I*3 (I*3) w m w 'll* <~HNI aiNf RISE m IfN'W NORIH SMf Hll fl ASM CHSSI •FOR/NOTHER VESSEL LCI HE/KOREAN JACEWON 9E 24/2 CONVENTIONAL SERVICE TO PERSIAN516 words
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Advertisement253 1987-02-26 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KK T|. Ebni SPORE PT KELANC LOAO4NC FOR f ATROUZ 2 ITC-EES IV3 W Soto Rott/Antw/ UK (Newport) w» m w i» (>«*«» Afiti: SINGAPORE PORT KELAMC KOTA KINABALU Tfc HANI CALICO SHIPPING PTE LTD T S9W Tta: RS BUI253 words
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Advertisement938 1987-02-26 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVU GOLDEN EVE* GLEANT EVU LAUREL EVE* GATHER EVU GUIDE EVU UVIfK EVU LEVEL EVU GLORY EVU UNKING ALSO ACCEPTING I I) WOWIM. I EVU GENTLE EVU GENIUS EVU GARDEN EVU GUAM) EVU GOING EVU GROWTH EVU GRACE AUOAmrnMi OOTMEMUM, AAI LONBML938 words
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Page 21 Advertisements
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Advertisement447 1987-02-26 21 x A PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE rrrt* m -y.M.M.i VESSEL VOV SEA OLORY *7W SEA FORTUNE «7M MAJAPAMT 91 SB SEA OLORY 1711 SIN SSV SMO 8M BUS su> mrr ttn tn *n447 words
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Advertisement286 1987-02-26 21 THONG SOON 09-00. Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO KIM SOON U SINGAPORE TO SARAWAK I EQUATOR 111 KUCHIN6 KUCHING SIBU CONTAINER FEEDER SERVI SINGAPORE/BANGKOK With Reefer. and FCI Container Service SEA DRAGON ON 1 Mar 4 Mar JENLINK ON286 words
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Advertisement374 1987-02-26 21 r BENLINE CONTAINERS IX l«Pwt Off <0 1/1 1W up va an 40 tp UN H* m W4 #CE TO UK/CONTINI rn ■"HAVEN ROAN HAVRE DO Off OH EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT fl— Wi 1 KKJJEBSEN LINE NEW ZEALAND EAST MALAYSIAN PORTS i j'i < >11374 words
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Advertisement514 1987-02-26 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD ANTWERP S PORE BILBAO BREMEN A'DAM/R'DAM H'BURG 11-14/3 7/4 U/4 12-14/3 13/4 li/4 17/4 20/4 It-20/3 IC/4 2*4 24/4 WW 2/5 Iff 11-13/4 1/5 13/5 li/S 11/5 Port iMtinmNlo. Owifx Trttdt ALSO514 words
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Advertisement210 1987-02-26 21 BOUSTEAD SHIPPING AGENCIES LOMAW vua M am mm PAfiAN VUM HTONEYWA VZ22W SAGAJNC BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Sport P.Ktlang Ptnang Bartfkofc MSF* 22/* F«k !/<■» lJ3fc JH Mr 1/12 BANK LINE NORTHBOUND TO UKC SPORE ROAM HULL MM FORTH BANK VIM 10*3 2/4 10*4 7/4210 words
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Page 22 Advertisements
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Advertisement696 1987-02-26 22 K LINE KAWASAKI KISEN KAISHA, LTD.— HER VSL STORE PKLG PNG STORE KOBE GUAYAQUIL CALLAO ARKA IQUIQOE AFACASTA S.ANTONIO VALPARAISO VSL 25 Fafc 8 Fat 27 Fa* 1 Iter 9 liar 7 Apr IS Apr IS Apr FEEDER VSL FM. BRIOGE FEEDER VSL F JR. BRIOGE va MOTHER VSL PKLfi696 words
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Advertisement296 1987-02-26 22 Hog LCL and Africa NCDLLOYD COLOMBO 2427F OSAKA MARU 2532F Spro Owtan P.EI iz C.Tom In Pt 13/3 15/3 11/3 S/3 IW3 2*3 ZU3 Ji'd.n. JARWNE SHIPPING AGENCIES (REG. 242*4/ OOK) 200 CANTONMENT ROAD #12-05 SOUTHTOINT, SINGAPORE 0201 M: *****11 TELEX NO RS ***** TERMINAL/CFS Tal. *****18-220 BOOKINGS T«L *****34-235296 words
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Advertisement562 1987-02-26 22 AUSTRALIA EXPRESS CONTAINER SERVICE »tH»H FCUFCL Cywuimn CALABAR V 32 ESTECLIPPCR CALABAR «3 ESTECLIPPCR S port IMb Frwi Sfdn Ate Am* »FA 16 Mar Iter 23 Mv AM/Bra INDIA EXPRESS CONTAINER SERVICE AooaaWng KURI ConHlmci *5yjSL «Ti" OhT r^, i IM^WMa/CafcMtta/C'Gi CALABAR VJ2 S.OA. PRADESH VJW S.O HAfiftUMIP (UK V.562 words
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Advertisement630 1987-02-26 22 GOLDEN LINE GtMN GUAM SWTMG (TIE) LTD 23. Id* *rr Start smuem iim m uum u» tacs) STRAITS/PERSIAN GULF SERVICE: s-para put* Par GOLDEN WONDER Cale«iba/KaracNi/&mi/Da«ma WU Hv GOLDCN KM Mai*a/lUfadi«/o«iMDolia Mar CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA 1 v *PMt Tw*i fSert Karactt Starch DmmKii630 words
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Advertisement384 1987-02-26 22 rpara P. Rata* »mUW tf/3 SETE/ROT/ANT/UKMULO U SCTE/ROT/AWT /UKfHULL) ftV AOELINA VK ■•V. AOOS NIKOLAOS m Uw hm44» AF PHMTRON SHIPPING AGENCIES PIl I ID PHIII PR IF NI I IMS PIF LID HI If) il i |r( f p(^|N r it* Rf|» r >' f" k HUH fHN 1384 words
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Page 23 Advertisements
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Advertisement716 1987-02-26 23 NEPTUNE ORIENT LINES LTD iiEnn- <ij 'titit TO EUROPE/UK (VIA SUEZ) >pn NEPTUNE AGENCIES PTE. LTD. Fl EU/AUST TPA/SEA T«4 No OMca TtnntMl CFS OOOWNCS WW *****S *****42 «mm maw *****53 tmW OK 04KECT LINES 27*U» 27*11* mil NEPLINE SON. BHD. mm NEPIINE SON. BHD. 2U468 NEPLINE SON. BMO. HOB9S/627M6/H7661/H7662716 words
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Advertisement406 1987-02-26 23 HEUNG-A SHIPPING Korean Flag Vessels DONAM SEMI CONTAINERISED DIRECT SERVICE TO P KELANG.PENANG BUSAN INCHON Na. C Donaatftm in I Na I Donaai/7<BN 7/3 Na7Daaa*MM lift Na 9 Donam/TCtt 2V3 No i Donaai/TBN 3Rft Na I Donam/TOM 11/4 Na 7 Denam/703M 21/4 Na I OontmfTtßM 2S/4 f'Pf. Inchon town *>ji406 words
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Advertisement722 1987-02-26 23 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 PENANC SSHARIKAT WAN SOON SON. BHO. IST AND 2ND FLOOR. MESSRS MAJ THONG SHIPPING 127 Panai*722 words
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Advertisement75 1987-02-26 23 Ln\i /.S////V JAP** iT* AIM HOMCKGNC m »it rtoofiong r.Pkung rwnjng HERCULES V.IA SaiM GISO MARU HO. VJOA Gdn. KJO ORIENTAL RUNNER V.ISA 21/2 50 Ganaral survay for HV. Karaite VIA will b* Mi on tIM 2nd March V at Gdn. KJO from OHO-1200 hrt. Thora will ho no further75 words
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Page 24 Advertisements
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Advertisement323 1987-02-26 24 ijjjff REGIONAL CONTAINER LINES TO BANGKOK (4 SAILINGS A WEEK) VESSEL SIRI BHUM SEA DRAGON PIYA MUM i "'iiTryni SEA DRAGON PIYA MUM SEA DRAGON Pit A BMUM TO P.KELANG PENANG (2 BAHJNQS A WEEK) n TO SOUTH THAILAND BFNGAL BAY CONTAINER FEEDER TO CHITTAGONG I PORT KFLANG FARYS MARITIME323 words
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Page 24 Miscellaneous
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Miscellaneous166 1987-02-26 24 Regional Weather 03 x 4 ■t •it 3* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: °C yA cT w Wind direction with speed in knots Wave height One halt fteche represents 5 knots R Thunderstorm Temperature c AS. J. Shower Weather Wind direction with speed m166 words
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Page 25 Advertisements
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Advertisement524 1987-02-26 25 COLUMBUS LINE REEDEREI GMBI I *PPf SS Sf Ml C>tNTfllNf R SIRVICf 10 rPOK KOM/A'DAM HBC HULL (U.K.) •§3 w lip I*4 2*4 J.HMJILii-JIL'J toana niuqni vs i 71 AfUOU V2S 130/ lIN \HIPF IN(i ('lf lIP J| f tfHMMNfi 1 It I .'.'OStiK! S line' Mi RS St I524 words
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Advertisement217 1987-02-26 25 Hai Sun Hup Co (Pte) Ltd Tf 1 .VOJ'-Klt. <?0 l.nrsi Tl RS ?ObT2 I \M I l\ < \K I i\l K III) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VOY. NO. S*pn P. Kalang ASIAN ORANGE SEKI SEKI CLIPPER SUF KOCHI AKEISMI 30 53 7 Iter 12 Mar217 words
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Page 26 Advertisements
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Advertisement139 1987-02-26 26 FARGO SHIPPING COMPANY!PTE)LTD. REGULAR EXPRESS FULL CONTAINER AND LCL c E p V ICE L HUDIG 13/3 11/3 10/3 WUSSEI 26/3 1 21/3 25/3 ETA SINGAPORE RATANA BHUM lllN BUNCA BUTANG 3U 4/4 DESTINATION i*i.<3 .'I. .>•' H ji II 27/2, 2/3, 5/3, 11/3 27/2, 1/3, 5/3,1/3, 12/3 27/2, J/3,139 words
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Advertisement451 1987-02-26 26 rrrr ItailU '1.. '.T> 771-1 mr B SURIAM rrvr rrrr I J 1^1 1. iW irftKfi -mhtin i f aw EUROPE FAR EAST CHINA Id W M M s<a agent Maritime Trantport M a Sdn B*d x 4- V V' S pore agent Tran§mtra Shipp.ng Pte Ltd m r. 4451 words
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Advertisement151 1987-02-26 26 J INTEROCEAN LINE j TEL: 71W794, *****94 TLX NO. MA STttS ACCEPTING CARGOES FOR THE FOLLOWING PORTS LCL/FCL mi mr LOADING FOR SYD. MELB. AOE, BRIS, FREM. LE HVE, HBO, BREMEN, R'DAM. GENOA, ANTWERP. UK PORTS SCANDINAVIA WEST A EAST COAST. GULF INLAND PORTS VANCOUVER. TORONTO MONTREAL LINK m Aumpim151 words
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