The Business Times, 26 March 1987

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 112/12/86 THURSDAY, MARCH 26, 1987 75 CENTS
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  • 193 1 Overeeas markets Wcdnndoy HK Hang Seng Index 2831 JO 3.43 Tokyo Mkkel Average *****.97 37.67 Sydney AM-Ordinaries 1679.0 (+15.2) Timdoy New York (Dow Jones) 2369.18 5.4) London (FT 30 Index) 1625J (+137) 1624.5 (noon. Wednesday Slmex DM (JuneKX5509 (-42) Ewro-$ (June) 93.46 3 Yen (June) 0.*****0 (-34
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  • 448 1  -  By ZHOU MEI, Economics Corrospondont THE ECONOMY should have expanded by 6 per cent during the first quarter of this year, BrigGen (Res) Lee Hsien Loong told Parliament yesterday. In the second quarter, economic indicators suggest a
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  • 654 1  -  Three new bye-laws set out guidelines for industry By ELAINE KOH STOCKBROKING FIRMS will be allowed to advertise from next month under the revised byelaws of the Stock Exchange of Singapore. In all, three new bye-laws have been introduced. Apart from advertising guidelines,
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  • 295 1 HEAVY BUYING pushed the Singapore stock market sharply higher across the board yesterday. The Straits Times Industrial Index soared 22.14 points to 1,079.90, which is a whisker away from its high of 1,062.89 recorded on March 10. The BT Composite Index gained 15.03 points to
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  • 503 1  -  (intrddo) By AMY BALAN AN INTERIM INJUNCTION against Intraco Ltd which could have seriously delayed the launching of the Mass Rapid Transit system was lifted by the High Court on Tuesday. With the discharge, Intraco is now free to supply a specific grade of granite
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  • 191 1 Reuter JAPAN pulled out all the stop* yesterday to push the value of the battered US dollar back up, but only succeeded in preventing a further decline, according to foreign exchange dealers. In a two-pronged attack, Japan's central bank aggressively bought dollars in
    Reuter  -  191 words
  • 300 1 SOME HOTELS still want to expand in spite of tha hotel glut and it ia not for govarnmant planners to stop them, says Mr S Dhanabalan. Tha National Development Minister told Parliament yesterday: "Nobody asked the private sector to
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  • Page 1 Advertisements
    • 70 1 A TIENGOURTi? SICHUAN CUISINE A* King's Hotel Havelock Road Singapore 0316 Tel: 733 0011 r >••••< 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 hour quick charge Charge
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    • 294 1 Frankly speaking... WHEN A CHANGE in leadership takes place, changes in style and approach can be expected although the fundamentals remain intact. But, says our columnist in Page 9, the scope and extent of changes that are taking place in tennis with a change in leadership is surprising. FuN report,
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    • 133 1 II NiPJVRIirAWE'NiTi HIGHLIGHTS of oMwr Parttamont report* on Pago 3 HooNh caro auboMy lo rloo by $54m Survoyo rovool poolthro attttudo to throo chWd family Shipping TlmM oomM m a —pmrmH aactton today. Maka aura you gat your copy. -7 -f W-« For only $25 we'll reserve one of these
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    • 6 1 BALLY c{ Sm ferritin J t:
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  • HOME NEWS
    • 373 2  -  By CHARLES SAVAGE THE REAL ESTATE MARKET will enjoy a marked recovery with improvement in all sectors, with residential property showing the greatest average increase in value. Mr William Bagnall, a director of Chestertons Lim Oh Property Consultants Re Ltd, made this assessment
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    • 468 2 SINGAPORE companies eager to boast a Raffles Place address had better move fast incentive packages are disappearing, rentals are about to rise and office space is rapidly filling up. This scenario was drawn yesterday by David Lawrence, managing director of the firm
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    • 189 2 THE SMALLISH Garden Hotel at Balmoral Road is plugging aggressively into the marketing efforts of a worldwide chain known as Best Western. It becomes a member of the chain from April 1. The 216room hotel would then be able to benefit from the referral system
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    • 251 2 A JlO-MILLION ROAD linking Commonwealth Avenue West and the Pan-Island Expressway (PIE) is being built by the Public Works Department. The project is part of the Pandan arterial road which links the PIE with the Ayer Rajah Expressway (AYE) in Clementi New
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    • 427 2 WITH its new workshop and office block just completed, Dunlop Aviation SE Asia (Dasea) is looking to a bigger chunk of the market for servicing of regional aircraft Within the next 12 to 18 months, Dasea will be adding carbon brakes and electronic anti-skid on
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    • 406 2 A NEW PHASE in the productivity movement started yesterday with two major government bodies joining forces to instill a greater sense of quality in work. The focus is on Total Quality Control (TQC). And this concept will be promoted through the joint efforts
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    • 367 2 Seminars and Courses 1 c Cahners Expositor Group Tel *****13 Tlx RS ***** Fax: *****66 > P DURATION TITLE VENUE ORGANISE* TELEPHONE Apr 4-11 Public Relations for Construction Singopore *****77 the Construction House Contractors Industry Association ltd Training Centre Apr 6 Section leader Course National National *****66 Productivity
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    • 313 2  -  Sfr ROSIE TAN INVESTORS who head for South Australia will be "pleasantly surprised", the South Australian Minister for State Development and Technology said yesterday. Mr Lynn Arnold said investors would be surprised at the scope of profitable opportunities that Adelaide had to offer and
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  • Page 2 Advertisements
    • 85 2 JLVV Property Investment Services Robinson Centre SOLD Now what can Jones Lang Wootton Finding buyers for commercial buildings, residential properties, development sites, hotels, etc. undertaking valuations feasibility studies on investment opportunities in real estate in Singapore worldwide thes are some of the services we provide Put our experience plus our
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    • 9 2 Rtcovcry In rtnlili could taka two yoars, Pago 14
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    • 123 2 !!`,[^_/'}?`>""+}!@@*^>|*^@>_|_ BARCLAYS BANK PLC SINGAPORE BRANCH 9 X f Deposit Services i We accept deposits at market rates in all major currencies. Deposit with confidence in one of the world's leading banks with access to a global network in over 80 countries spanning six continents. j i New Zealand Dollar
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  • YESTERDAY IN PARLIAMENT
    • 266 3 THE IMPORT DUTY on sugar is liksly to be lilted by the end of the year, and the next month or two should see a deregulation of petrol prices being announced. Trade Industry Minister Brigadier-General (Res) Lee Hsien Loong gave these indications in a reply
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    • IN BRIEF ...
      • 95 3 doee not require the kind of gener- ous doctor-to-patient ratio that exists in Western industrialised countries. This is because these countries, such as the US, West Germany and Australia which have between 400 and 500 patients to one doctor, have an older population profile. Their population centres are also
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      • 44 3 will play an increasing role in providing primary health care, said Mr Yeo Cheow Tong. When patients sre discharged from government hospitals, they are given notes which provide details of their treatment This will help the general practitioners in follow-up treatment
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      • 50 3 asked for deferment from in-camp training last year. Only 6,304 did so last year compared with 6,385 in 1964. Approvals went up from 3,296 (1964) to 3,775 (1966) while appeals dropped by 81 to 668. Tho numbor of rooonrltlo who appllod for doformoil from In-camp training droppod !■■>
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      • 46 3 in the prices of HOB flats was being planned for 1967, said Dr Lee Boon Yang, Minister of State (National Development). But a pricing system that reflected different market values of flats because of the immediate surroundings, height, view and orientation was being considered.
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      • 31 3 Chiam See Tong (Potong Paair) apologised for his remarks about a "senior journalist" in The Straits Times. He had claimed the -Journalist was unable to exercise his professional judgement
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      • 54 3 will be the focus of the National Pro- ductivity Board during this year's Productivity Month. Mr Eugene Yap, Senior Parliamentary Secretary (Trade and Industry), told Mr Leong Horn Kee (Thomson) that quality and productivity would be promoted together in future aa part of a total approach to make Singaporeans
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      • 56 3 has been set aaide this year by the National University Hospital to pay for subsidised beds, disclosed Acting Health Minister Yeo Cheow Tong. More than 60 per cent of the beds at the NUH are subsidised for the low-income group and thoee patients who cannot
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    • 263 3 GOVERNMENT surveys show many Singaporeans prefer to have three children but stopped at two because of the disincentives under the previous population policy. Acting Health Minieter Yeo Cheow Tong aaid: "For all thsss people who love to have a third (child), the tax
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    • 73 3 THERE IS NO such thing aa first-, second- and third-rate government hoapitala, aaid Acting Health Miniater Yeo Cheow Tong. "All are equally good In treating the disease types they are coping with," he aaid. Aa the objective waa to provide the beet poeaible health care tor
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    • 390 3 THE SUBSIDY for health care is expected to rise to $325 million this year in spite of a minor increase in medical fees from April 1. Acting Health Minister Yeo Cheow Tong said the $54 million
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    • 253 3 A NEW EMPLOYMENT package to make nursing an attractive career is being worked out by the Heslth Ministry, Acting Health Minister Yeo Cheow Tong announced. Among the detaila that the ministry is looking at are pey, work content and Image. It is
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    • 392 3 WHEN THE JAPANESE want to sell musical instruments abroad, they open music schools. When they want to sail their consumer products, they open department stores. To sell heavy machinery, they first win overseas construction contracts which would need such equipment The Japanese were
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    • 129 3 THE PRESENCE of foreign depertment storee is said to have a "eelubrious" effect on Singapore. Mr Eugene Yap, the senior parliamentary eecretary of the Ministry of Trade and Industry, tried to allay the fears of MPs who expreeeed concern over the influx of foreign "gients"
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  • Page 3 Advertisements
    • 290 3 ■V I illi if o> H V I I r l f(_ v; Q) f ,i i L ✓j 7 >. > r. >. /j /./1 ■fc v y r u Hi I .!t fj >JI ciHi /7 V J 'It I -ntj j*i> < > 4 17 Ijll 0)
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  • OVERSEAS
    • 448 4 FT COUNTERFEITING, particularly among Third World countries, has emerged aa a mora immediate issue than the need to agrae quickly on a world trade policy for agriculture at the trade ministers' meeting in Taupo, New Zealand. Trade miniaters or representatives from
      FT  -  448 words
    • 450 4 AP THE TRILATERAL Commission ended three days of meetings with a warning that protectionism in high-tech fields may threaten the West's security. Commission founder David Rockefeller said the Trilateral Commission, which brought together nearly 200 leaders of finance, industry, politics and education in North America,
      AP  -  450 words
    • 200 4 Reuter A MAJOR employers' group unveiled yesterday s master-plan for radical change in Australia's Industrisl relations system, calling for an end to indus-try-wkle unions. The plan by the Business Council of Australia (BCA) would replace traditional industry-wide labour unions wtth different unions st each compeny
      Reuter  -  200 words
    • 237 4 AP THE US Agency for International Development has lost millions of dollars by using unfsvoursble exchange rates for its dollars in countries it has helped. Inspec-tor-General Herbert Beckington said. "The AID mission in El Sslvsdor sxchsnged US dollars st
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    • 463 4 FT ECONOMIC Community transport ministers on Tueeday claimed an important breakthrough with virtual agreement on a package of measures to allow cheap air fares for many more travellers in the community. The deel wes reached, subject to reeervations from both Italy and
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    • 287 4 Reuter QUEEN ELIZABETH, praising King Fahd of Saudi Arabia for his afforla to bring poacs to tha Middla East, has said Britain will do all it can to solve tha ArabIsraeli conflict and and tha Iranian-Iraqi war. Tha British monarch
      Reuter  -  287 words
    • 146 4 Reuter TRADE among Islamic Conference Organisation (ICO) countries has doubled in the last decade and now constitutes 10 per cent of their total trade. Ahmad Mohamad Ali. the president of the Islamic Development Bank (IDB), said on Tuesday: "Ten years sgo trsde among Islamic countries
      Reuter  -  146 words
    • 732 4 ARRIVALS Operator Local From OA UA SU MAS MAS MAS SU CPA MAS MA GU SU SU SU THAI MAS GU SU SU RA GU OA472 UA005 son MH691 MH311 MH67I SQ103 CX710 MH603 •U21 GA960 SQ105 SQ201 SQ191 TG403 MH6S2 GA940 SQ107 SQ203 •All GA900 0015
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  • Page 4 Advertisements
    • 212 4 EXCELLENTLY SITUATED AT THE JUNCTION OF Richard Ellis Richard Ellis v- J *.-dE is Richard E lis Richard I is Richard E Us Richard El is KEPPEL RD ANSON RD, IBM TOWERS IS JUST Richard El is Richard El is flichard El is Richard El is Richard El is Richard
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    • 2 4 LMdar, Ng«
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    • 210 4 I I I I The business person's choice, every I I II I 1 l| I Tuesdoy, Soturdoy and Sunday. I M Ml I m\ Ml Leaving Chongi Airport at 22:05 ly>/J- 1 S 1 hours and arriving Heathrow at 06:45 hours the following morning. CoH your Travel Agent or
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  • Page 5 Advertisements
    • 212 5 <§/o!*©/:#?f! If you're reading this in some other hotel business centre, youll see red. What an outrage! To have to pay for the use of an office and conference room. On top of the five star hotel bill. Especially when, at the most exclusive hotel in town, our office and
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  • RAW MATERIALS
    • 151 6 MALAYSIAN crude palm oil prices closed higher yesterday on light covering, in line with steadier palm oil futures which followed s firmer Chicago soyoil futures close. Trading was quiet as operator» adopted s cautious stance, dealers said. March deliveries in the north and central regions traded Mslo higher
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    • 84 6 OIL PRODUCTS THERE WERE mixed reactions yesterday, with naphtha talked firmer as buyer* raised their ideas but other products were stable to weak in a quiet market Closing prices for crude (FOB origin) US$/barrel Change Dubai (May) 17.85 0.77 WTl West Texas Intermediate, (May) 18-55 0.27 Closing prices for products
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    • 139 6 Chlnm Produce Exchange SiHtn' noon cMrq prto m on Morch 25 (SS/100 kg) Coconut oil M FOt ft4Q0 OU drum FOt 96.00 N*w dram FOt 100.00 Copra Mixed Doom) 4t ntii Popper 1lVkl|a WWW FOt M.W HSOJOO Sorawoli VMt FOt fo* M.W 1165.00 1 UMkK)| l |tW 945.00
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    • 227 6 SINGAPORE The market closed lower yesterday with April 1 RSS buyers quoted at 195.00 cents/kilo, down 1.25 cents from Tuesday. On the TSR-20 market, prices eased slightly in very quiet all day due to lack of interest. TSR-20 April and May closed at 106.50 cents/kilo, both down 0.50 cent.
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    • 224 6 WHEAT FUTURES in Chicago on Tussday ended near the highs with gains of six to 3-1/2 US cents per bushel in moderate trade. May settled at US$2.B5-1/4 after posting a 5-3/4 cent range. A statement on Monday by US Agriculture UnderSecretary Daniel Amstutz that the United States is willing
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    • 207 6 SOYBEAN FUTURES in Chicago on Tu—day rallied after trading quietly mixed moat of the session tb finiah with gains of 2-1/2 to one US cent per buahel. May settled at US$4.9O after poeting a narrow 2-3/4 cent range. Slow country movement of aoybeane. a recovery in aoyoil futures and
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    • 91 6 THE PRICE OF TM on Ms Kuala Lumpur tin market Ml four cents y—rday to dooo at MH6J6 par kHo In The market started at Tuesday's M 516.70 level with sellers offering M only Dealers said a total el tomws was tradod at «w close, after buyers Increased
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    • 50 6 Bangkok (USI/ioma, POM Whit* Rice 100% 1*4— 2Si <00%M*. 230 100* M dm. 223 a* an i* I m »t Its 1*1 l«0 M* 1U Broken Rice A-1 14* A-1 SpacM 14) C-l Sp«M C-1 Od Loonzain Rice '°o% i« 100% fed 0ra4* 222 100% 3r4«r«4. Parboiled Rice :s
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    • 256 6 RAS prices msc «M|,FC la Ma NOON close M 1 RSS Prompt 196-50 197 JON PVJIVI 8 196-50 197JON to 1 RSS ApHI 87 1954)0 ***** 1954)0 1964)0 to 1 RSS May 192.00 192.50 1924)0 192J0 tat 2 RSS Of 180.00 182.00N 1804)0 1824)0N to 3 RSS
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    • 74 6 (carts/hg, l-«on RAS S» 20 SSI 50 MRELB Am. 87 (currant month) NOON IttJO 17QJ0N 147JO 1MJ0N MAY «7 (forward month) NOON 1MJ0 170J0N 167 JO 16AJ0N Iran Uhn SMC CV 246.50 24U0N 347JO 349JON SMI L 245-50 247JON 244J0 340JQN SMI S MOiOO 20ZOON ***** SOSjOON
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    • 838 6 COFFEE Robust* coffee futures ended Tuesday £17 to £33 a tonne firmer, boosted by roaster price fixing during the afternoon, dealers said. Roasters were looking for extrs cover ahead of next week's International Coffee Organisatlon board meeting. There was little physical coffee on offer so roasters were forced
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  • Page 6 Advertisements

  • WORLD BACKGROUND
    • 539 7 Reuter FORMER US secretary of state Alexander Haig. who formally entered the 1968 American presidential race on Tuesday, adds something new to the contest as the only Republican contender who criticises President Ronald Reagan's policies. General Haig, 62, who has also
      Reuter  -  539 words
    • 847 7 With accords on HK and Macau, only Taiwan stands in the way of reunification Reuter WHILE China's communist rulers celebrate this week's deal with Portugal to give them control of Macau in 1999, they cannot forget that a far richer territorial prize remains beyond
      Reuter  -  847 words
  • Page 7 Advertisements
    • 280 7 The shape of your success may depend on your banking partner. In a world of traditional banking partners, Hongkongßank refuses to push you into the common mould. We pride ourselves on offering Corporate Services that fit your company's financial needs. As your partner in success we have so much to
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  • Page 7 Miscellaneous
    • 37 7 Doonesbury SHI w H m thus gop pestwis Hl* ENEMIES! a I A Wi m m wksf gs BY GARRY TRUDEAU vk/.'jv n sr^ts, m I sometimes tr SEEMEPTHE 13w CENTURi t know MUIPHEMR THE ENPf FEEUN6.
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  • FEATURES
    • 642 8 THE TRILATERAL Commission, a private group of more than 300 very influential citizens from Western Europe, North America and Japan, has made two points which bear thinking about, however common they might sound. The first is that US leadership is central to addressing international issues. In the
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    • 1896 8  -  A South Australian delegation, led by the Minister for State Development and Technology, Lynn Arnold, is in Singapore, to promote the state's business opportunities as well as to woo business migrants. Since the inception of the business migration programme in 1983, the state has attracted
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  • Page 8 Advertisements
    • 230 8 Rabobank. business with the Netherlands Rabobank Nederland, with offices in Singapore, Hong Kong and Jakarta, provides a personal service to companies with trade relations in the Netherlands. Rabobank is an "AAA"-rated Dutch cooperative banking institution with total assets of U.S. 65 billion. It ranks among the largest banks in the
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    • 229 8 CORUM Jt-S-Jg. BPS <!i -/j < 4 V i-M y.u J Admiral s Cup by Corum quartz watch handcrafted for those who take the helm. Enamelled nautical pennants marking the hours dress the dial overall and accurately signal the time even 100 feet down. With a tang of the sea
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  • Page 8 Miscellaneous
    • 637 8 CRYPTIC PUZZLE ACROSS 1 Fitter bowler, possibly? (6) 7Amer i c an showplace! (8) 8 Female figure on a donkey (4) 10 The dog has to live with a broken leg (6) 11 Shortage of thread? (6) 14 Cowboy's demure exterior (3) 16 Goes up for some prizes, we hear
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  • SPORTS
    • 526 9  -  By WALTON MORAIS THERE IS A SENSE of deja vu hanging over the U*****,000 Singapore Open golf championship which tees off at Bukit today. Anyone who remembers 1985 will have the funny, familiar, forgotten feeling about Chen Tze Ming when he strides
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    • 207 9 UPI HOTEL magnate Sol Kerzner has announced the world's top golf prize: US$l million for the winner of an eight-player invitation aeries at his Sun City resort in December. Kerzner, chairman of the Sun International Hotel Group, introduced the world's first million dollar golf
      UPI  -  207 words
    • 314 9 Reuter BRITAIN'S Frank Bruno took a big step towards another shot at the world heavyweight title by pounding James 'Quick' Tillis into fifth round submission in their scheduled 10-round bout on Tuesday night. Bruno dominated from the start and finished off the American
      Reuter  -  314 words
    • 246 9 AP THE US Supreme Court in Washington says major league baseball owners, not players, have the rights to the money generated by televising games. The court on Monday rejected an appeal by the players seeking the legal right to millions of dollars in revenue from
      AP  -  246 words
    • 194 9 WATFORO has paid £235,000, a record for a Fourth Division player, for Northampton's goal-scor-ing midfield player Richard Hill. However, he will not join the FA Cup semi-finalists until the end of the season. Watford manager Graham Taylor snapped up the talented 23-year-old when
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    • 375 9 AFP THE LEADING yachts in the Yamaha Cup Melbourne-to-Osaka race were well into the Tasman Sea on Tuesday, setting a north-easterly course on the first leg towards Japan. Southerly winds since the start on Sunday gave the 126 crew at sea ideal conditions in which
      AFP  -  375 words
    • 940 9  -  Trankl if speaking,... WALTON MORAIS CHANGES in leadership usual- 1 ly bring changes in approach and style without affecting the fundamentals. Which is why the i change in leadership of the Singapore Lawn Tennis Associ- i ation is surprising for the i scope and extent
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    • 87 9 UPI DEFENDING champion Mats Wilander of Sweden fought off a first-set attack from Argentine Eduardo Masso on Tuesday to advance to the second round of the U*****,000 Belgian Indoor tennis championships. Masso broke the Swedes service in the seventh game of the first set, then
      UPI  -  87 words
  • Page 9 Advertisements
    • 81 9 □a Japanese Restaurant <r Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16+ per set, they are
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  • Page 9 Miscellaneous
    • 1156 9 m? t NILTHURSDAY FEATURE SPECIAL Svengali 10.30pm, Channel 5 Anton Bosnyak (Peter O'Toole, left) is a flamboyant music teacher with a legendary flair for moulding raw talent. He discovers a young, talented pop singer (Jodie Foster) in a night club and is determined to make her a star. Elizabeth Ashley,
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    • 60 9 BnStCMT: I'm opdPiiiNG my Noveiuvwo Oe«IM WW* Buyma pcpftßnneNT TO INCLUDE. SEC-TION ON INDuSTTRIPiL eSP»ONP*GG. rue. things our Hefco G»ers uFTp./r in ONO HC nimsGLT OFF AS A "fcA LADy .INI CHAPI£P TuX3 Me Poses f\s uFt Boy. 4s&p, iN THCCMRPTCR U>RiriNG NOU) HC DlSGL>l<=>eS MimSCLF AS atvpist WKIOVJS UiMefe
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  • mwrnrnmL mm§
    • 310 10 Reuter WALL STREET'S biggest brokerage firms, eager for funds and foreign ties to fuel international expansion, are expected to find more partnerships among Japan's cash-rich companies, analysts said. On Monday, American Express Co s board formally approved a link-up with Nippon Life Insurance Co
      Reuter  -  310 words
    • 200 10 UPI SHELL UK Ltd made a profit dfter tax of £757 million last year, an increase of £90 million over 1985, when the profit was reduced by a £94 million restructuring charge, the company announced on Tuesday. Oil produced from the North
      UPI  -  200 words
    • 420 10 Reuter BLUE CHIPS extended the string of record closes on Wall Street to a sixth session on Tuesday, but the broader market gave ground as investors began to show signs of fatigue. IBM, American Express and McDonald s provided the horsepower for the Dow
      Reuter  -  420 words
    • 132 10 MAR 34 C$ Abttrbi 41X Atcan Alum 51* Atgoma Stl 15* Bank Nova Scotia 19% Bank Of Montraal 36* Ball Canada 43* Bp Raaourcaa 43 Braacan CI A 30* CampM Lafca 36* +1* Canadian Imp Bank.. 22% Canpac 24* CarlTng O'Kaata 17* unch Cn Blhrt CI A 20H Comlnco
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    • 214 10 I t RANO MOOT A Alpha DUALS 1600 50 Aaci 1700 525 50 AMKJ. 6200 200 2125 50 C Q Smith 3575 unch CNA 340 uoch Curria Financa 740S Edgars ***** Fad Vo* 237 Fuglt 775 15 530 +10 Ub Hotda 2900 75 1475 -25 LTA 270 unch M
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    • 647 10 MAN M US s Atcan Alumin Alcoa Allag ln« 39% 49% .24% ft unch AIIU 1,-1 Am Brands Inc. Am Can Co Am CyanamM Am Else Pwr Am C«praae Am Horn* Prod Am Motors Cp A man Inc. Amerada Hess Amooo Corp Amr Corp Armco Inc Aaarco Inc
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    • 762 10 Amsterdam MAN M n» ABM 516 so 3 5 AaflOn 88 30 0 6 ***** -2 1 Akzo 143 40 Alranta 143 80 AMEV Amro Bank. Am Stad Bifkil BOLS 83 00 81.20 125.50 20 1S&SO -01 1 -2 -08 Borsumij 138 Bualtrman Tattaroda 40 Calv* 770 Elaavtar
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    • 65 10 Reuter NATIONAL Semiconductor said improved results st its semiconductor group had helped to reduce losses in the third quarter. In the quarter ended March 8. the group cut net losses to U525.6 million from U5539.4 million in the year-ago quarter. But results softened compared with the prior
      Reuter  -  65 words
  • Page 10 Advertisements
    • 535 10 %S)/X Where id wiae, diu* mA eaMit m St ir.P The Drums Roll and A fecial I Ceremony takes place "at 8.15 pm every Thursday... J~he Executive Chef will then ceremonially carve a succulent roast, done to a turn on the one and only roasting spit in town. t Treat
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    • 122 10 London rtocfct on Pago 15 ONE. II 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
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  • ASIAN STOCKS
    • 400 11 HONGKONG: Share prices closed with pared gains yesterday after many small investors sold their holdings and took profits in the afternoon, brokers said. The Hang Seng Index ended 3.43 points higher at 2,831.50 after gaining over 20 points at one stage. The Hongkong Index was up 4.75 at 1,822.99.
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    • 239 11 MM U NTS AJI Slnosrs Indus. 3.33 +0.15 Asia Csmsnt 36.40 -0.4 Cstftsy Cons. 44.80 -0.8 Chang Hws Bank. 60.50 -I S Chang Loong. 33.70 -0.8 CNa Hsln Cement.... 34.70 -0.2 CNn Hsin Flour. 14.S6 -0.4 China Cham. 27.50 -0.6 China Dev... China Elect Wire. 16.60 -0.4 Chins QuHPtas.
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    • 470 11 TOKYO: Shares climbed in the final hour to close slightly higher after spending most of the day depressed. The continued hardening of the yen convinced investors that gains lay ahead for shares related to the expansion of Japan's domestic economy, brokers said. The market average roee 37.87 to 21,472.97,
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    • 83 11 MAR K Acojo Mining. Anglo Phil 0.01 unch 1 Ap«x Mining B AHaa Con. B Boguio QoM 0.0690 ....21 +0.006! +0.5 1 Btiic Pitroltum Bonguat Con. B..... Fini Phil Hldgs. 0.012 ....107 too unch 10 +0.4 Laponlo B ....0.16 114 0006 Oriental B Phil Oversees 0.029 ao4i 0.002 0
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    • 427 11 SYDNEY: Australian share markets closed at record levels in bullish trading yesterday, dominated by dramatic rises in the gold sector and strong overseas interest, brokers said. They said another record cloee on Wall Street, an increase in world bullion prices and continuing takeover rumours regarding BHP also contributed to
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    • 124 11 MAR m WON OmN Sugar S100 uncfc DaaUm M.._ 715 4 0—woo Corp 1117 +42 DmwooHnvy 1513 >42 DaiaNn Sacurtttaa.. 3960 +50 Dong Ail Phar ***** 10 Dong Suh Slock. 1M50 +50 OongbuStoal 3400 +70 QotdStar. 2071 HanM Bank. 1235 +25 Hanil Camant ***** -500 Hanfcuk Olaaa 1710 -40
      124 words
    • 107 11 Bangkok: The Stock Exchange of Thailand Index roee 0.85 to 227.80 on a turnover of 1,892,290 shares worth 248.0 million baht. The Book Club Index rose 0.74 to 204.88. MM Saha Union 210 ♦4 Siam Cement tot unch Slam CMy Cement •_S12 ♦S Bank. 90S -4 Slam Foad Product*
      107 words
    • 76 11 AP DAIHATSU is entering the US car market with a minuscule allocation of 11,498 cars in its first year, less than half the number the company had hoped to export The Japanese carmaker will spread its Charade three-door vehicles over 150 to 200 dealers initially in
      AP  -  76 words
    • 356 11 FT MATSUSHITA ELECTRIC. the world'» Isrgest consumer electronics company, is currently holding tslks with American semiconductor makers on the prospect of signing a chip production-sharing agreement in the US. The talks come in the wake of the recent collapse of Fujitsu's bid to scquire
      FT  -  356 words
    • 153 11 AFP CAPITAL INVESTMENT by Japaneee manufacturers in fiscal 1987 is expected to drop 8 per cent compared with fiscal 1988 due to the deflationary impact of the yen's appreciation. However, such inveetment by non-manufacturing firms in fiscal 1987, starting on April 1, is
      AFP  -  153 words
    • 200 11 Reuter PRIME MINISTER Yasuhiro Nakasone intervened on Tuesday to try to solve Japan's dispute with the US over trade in computer microchips, government officials said. Nakaaone told Trade and Industry Minister Hajime Tamura at a Cabinet meeting to double his efforts to calm
      Reuter  -  200 words
    • 110 11 Reuter THE THAI CABINET has approved a plan tor state-owned Thai Airways International Ltd to buy two new DC 10-30 extended range planes tor US$l26 million. A government spokesman said on Tussday that Thai International will put the two aircraft on its Bangkok-Europe service
      Reuter  -  110 words
  • Page 11 Advertisements
    • 79 11 eaiefiaut 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 being there. V LEVEI Opening Hours
      79 words
    • 164 11 Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located on the 2nd Boor Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking A© Century Park Sheraton Singapore 16 Nosum HM. Sngopo*
      164 words
    • 143 11 4- •w--•V BUFFET Much 16 to 31 .If you think Hainanese Cuisine is just Chicken Rice take a good hard look at what we've lined up for you: Mutton Stew, Pork Chop, Braised Duck, Braised Beancurd with Minced Pork Prawns and yes, Chicken Rice. LUNCH A DINNER Adult $12.50" Child:
      143 words
    • 146 11 Fashionably hyatt Join the fashion-conscious every Hiesday, 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 imaginative sandwiches. Tea plus show at $10.50
      146 words
    • 82 11 \W I bra Buy one drink and gat ona FREE Extended Happy Hour 12 noon Bpm Entertainment by 2 top bands nightly (6pm 2am*) flrnwcnons A popular show band from the Philippines M 17# J Chchmd most popular band < (CAIRNHILL HOTEL) 19 Catmhin Circle, S port 0922. Tat: *****22
      82 words

  • BANKING AND FINANCE
    • 333 12 Reuter INDONESIA'S big devaluation last September helped boost bank profits by 28.6 per cent in 1966, but the outlook for this year is less favourable. Nyoman Muna, head of the Association of Privste Banks, said on Tuesday. Most banks made windfall profits after oil-dependent
      Reuter  -  333 words
    • 278 12 FT BARBER CONABLE, president of the World Bank, said on Tuesday that increases in Indonesia's borrowing from the bank depend on the government's implementation of further economic reforms. Talking at the end of a four-day visit to Indonesia the bank's second largest creditor
      FT  -  278 words
    • 269 12 Reuter A SWISS BANK has been ordered to freeze accounts thought to be linked with an inekler trading ecendal in the US. Swiss Justice Ministry spokseman Joerg Kistler said on Tueeday the accounts, held at Credit Suieee, belonged to two individuate and
      Reuter  -  269 words
    • 287 12 Reuter SOUTH AFRICA has reached agreement with foreign banks on a new debt roochoduiing plan to last until 1980. Finance Minister Barend du Pteesis said the accord, which covers US$l3 billion of South Africa's US$23 billion foreign debt, had been endorsed by 34 major banks
      Reuter  -  287 words
    • 251 12 Reuter BRAZIL and its bank creditors tailed to achieve any breakthrough in debt talks in Miami on Tueeday afler Brazil refueed to say when it would resume interest payments. Central bank governor Francieoo Groe said after a meeting with a 14-bank advisory committee thet
      Reuter  -  251 words
    • 211 12 HONGKONG: Qotd cloaad lomf yaalarday on fairly haavy promtaking in tha afternoon, daalars Mid. Bui tha metal found good support at tho day's low of around US$4l2. Tho bullion pries sstdsd at USS4I2JtVOO an ounco compared with an initial U*****.60/U*****.30 and Vnrff'a 1 ww DvfvW rmw t ch
      211 words
    • 1152 12 SINGAPORE: The US dollar closed higher against the yen but waa mixed against major European currencies yesterday, after a day of moderate and nervous trading. Dealers said the dollar met constant selling pressure by Japanese securities houses and foreign bond inveetors, but repeated Bank of Japan intervention at
      1,152 words
    • 227 12 Interbank rates at 3pm yosterdayi Cmmmttm NmhMi rain MftMlM M oou rawp^r «»"o» i doKan to an* will of 1 Foroign c urttonqn US <Mar 2.1400 2.1410 ***** -24.10 Staring pound X4J07 3.454} ***** Auatratai dofc v 1.4073 ***** ***** -H4? NZ Mar 1.2112 1.2139 ***** ■6447 Canadian
      227 words
    • 314 12 ASIAN DOLLAR deposit ratss dossd steady yesterday st opening levels but trsding wes gsnerslly quiet ki u>o anemoon. Short-dates wsrs unchanged to slightly higher st ths outset underpinned by s stesdy US fsdsrsl funds rate but were IHtte changed thereafter. Overnight closed at 6-3/16 61/16 per cent
      314 words
    • 660 12 THE TONE of tho marts! 0* i* uimM titgntiy mon post* r# I^. uv® u mm opening wnn to Juna Burodoßar opening at tha top of Chieago'a ranga aft 03.46. Tha improvement-. was dua to tha atrong 2yaar US Traaaury auction raaults and tha splllovar short covaring activity. Howavsr,
      660 words
    • 164 12 Ul ptHni itnuing riiit 0112 major banks In Uminmia Intorbai 1 2 iIm (ofter/Md) on March 28 us$ DM SWFC Y«n 7 4mn 7 1/1-7 10 1/4 t/» 4-17/1 ii i/a —1/4 S l/l* 4 IS/1* 1 f/l« 7/1* 10 7/* 4-17/1 4 i/i* a is/i* 4
      164 words
    • 65 12 THE OVERNIGHT rat* on the Singapore Interbank markat mat by X point to flnieh at IK par cant yw terday. Tha one-month rata gainad 1/16 point while the, two- and thiM 11 tcM itti rataa ware unchanged. III. O# HiTmDOn* roTtl at 7pm y«st»rdays OHm M Ow 1
      65 words
  • Page 12 Advertisements
    • 429 12 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 1M AND AZELIA PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE 18 HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 185, that a Final Meeting of the Members of the abovenamed company will be held
      429 words
    • 389 12 ■t an Extraordinary General Meeting of the member* of Bin tang Bahru Shipping Company Pte. Ltd. duly convened and held at 1 North Bridge Road #18-03 High Street Centre, Singapore 0817 an Thursday, tfth March 1987 (a) That Blntang Bahrn Shipping Company Pte. Ltd. be wound op voluntarily; and (b)
      389 words

  • SHARE INFORMATION
    • 4323 13 LATE BUYING pushed the stock market shsrply higher yeeterdsy, thanks to institutional investors snd shortcovering sctivities. Ths market closed a whisker swsy from its si Mime high. The Strsits Times Industrisl Index rosed 22.14 points to 1,079.90 which is slmost at its sll-tims
      4,323 words
    • 237 13 SINGAPORE Rises Ind ICM fitauli 24 Ma* 25 Spar* la 471 +3* •T Caapwta 93*77 950-00 ms *50 35 IT o*/os ■33* .151 SIA 11*0 +30 HOB -*3*3 •*255 OanNna 695 +30 •TO*V 4M334 +40*452 Strata Trudfcn 43* 2* 1057J'* 1079.90 Mm 590 25 ST flMM 2424.94
      237 words
    • 3662 13 810 and offer priest officially Dated md buaineae in snd reported to the Stock Exchange of Singapore yeeterday with the number of ahsree traded ahown In brackali In loto of 1,000 units uniaaa otherwiee specified. All Time Settlement Contracts are quotod aflar the word "BETT".
      3,662 words
  • Page 13 Advertisements

  • COMPANY NEWS
    • 720 14  -  Sustained economic growth needed: Singland 6M By HOMER CHEN IT WILL REQUIRE at toast two years of sustained economic reoovery before rental levels can be expected to recover. That is the opinion of Alan Davis, the group general manager of Singapore Land Ltd,
      720 words
    • 377 14 RENEWED BUYING interest on quality stocks lifted sentiment on the Kusls Lumpur stock market yesterday. Prices of most counters benefited from the stesdier undertone to finish higher. Market observers said institutional interest in several blue chips and Singa-pore-based issues served as a catalyst for
      377 words
    • 2772 14 810 and olter prtcas officially listed and buslnsss in and reported to ths Kuala Lumpur Stock Exchanga yesterday, with tha h—bar of sharsa tradad shown in brackats In lots at 1,000 units unlaas otharwlsa specified INDUSTRIALS AOM naoM t*mmm QO6A) Alts HMg I I aim
      2,772 words
    • 110 14 HONGKONG Hongkong Index Wednesday *****9 Tuesday 1818.24 Week ago *****2 Hang Seng Index Wednesday 2831 50 Tuesdoy *****7 Week 090 2724 01 All Industrials Wednesday ***** Tuesday ***** Week 090 2573 0 NEW YORK Dow Jones Tuesday *****8* Monday 2363 78 Week ogo 2284 80 TOKYO Nikkei Average
      110 words
    • 237 14 Managers' prtca 1 MARA-Bumiputra for March 26 fir* I'putro Second B'putro i»4 iff $01 5.13 Singapore Unit Trust TWd I'putro 4.19 424 Tko Ceii—rc« Ttw Sovngi fund S'por* frog fund S'pon Sac M Vpyf Iwvtt Kind 103 010 041 04B 077 III a»7* 04$ 074 0^4 fourth I'putro
      237 words
    • 94 14 GENERAL SECUMTES lnveetmente LimHod: 12th AQM in the Function Room of The Development Bank of Singapore Ltd. 45th Storey, DBS Building, 6 Shenton Way, Singepore 0106, tomorrow at 11am. VAN DEIt HORST LMtofc 13th AQM at 11 Pandan Crescent Singepore 0612, on Monday, March 90, at 10am. OOOOWOOO
      94 words
    • 343 14 Reuter STANDARD CHARTERED PLC. faced with a recession in the key Singapore and Malaysian markets and an ongoing depression in the shipping industry, has boosted its Pad-debt provisions in 1906, chairman Lord Barber said. Lord Barber said in a statement on the
      Reuter  -  343 words
    • 380 14 Bernama ES MALAYAN BANKING BHD has concluded a very comprehensive review of its corporate strategies for the next five years, executive director Raja Badrol Ahmad said. Ha said the bank's general direction and responses would inevitably revolve around the product, technology and coat effectiveness.
      Bernama ES  -  380 words
    • 422 14 MBT THE Kuala Lumpur Stock Exchange held a dialogue on Tuesday with senior executives of 18 companies to seek their views on the possibility of breaking up the preeent marketable share lots from 1,000 to 100 sharss sach. KLSE chairman Nik
      MBT  -  422 words
    • 626 15  -  By AMY CHEOK TRANS-ISLAND Bus Services Ltd, whose shares are open for public subscription today, has forecast group profit before tax of $7.3 million and a gross dividend of 3 per cent in the current year. l' The share offer prospectus, however, pointed out
      626 words
    • 357 15 TRADING in the shares of Singapore Sue Service J1978) Ltd will be suspended today pending tfc\e announcement of the company's 1986 results. Metal Containers Lid *aid M C Packaging (Hongkong) Ltd has turned in pre-tax profits of |HK$86.41 million in 1986 and is paying a final dividend payment
      357 words
    • 203 15 HEAVY INTEREST charges continued to eat into the earnings of United Pulp Paper group which recorded losses of $611,000 for the year ended Dec 31. 1966. But the loes was not as severe as the $2.46 million red-ink figure in the previous financial year.
      203 words
    • 115 15 METROPLEX Bhd has sold by private placement its entire holding of 3.65 million M$1 shares representing a 5.03 per cent stake in Raleigh (M) Bhd for a total consideration of $b.11 million or about $2.50 a share. The unit sale price, Metroplex pointed out
      115 words
    • 648 15 SHARE PRICES yesterday opened mixed but with an easier bias on relatively light turnover after Tuesday's close at record highs for both the FTSE 100 and FT 30 share indices. INDUSTRIALS Mar 24 Pane* 19 J AJbtd-lyow «2 5 BTI «C 33B ■2 J..4. If7 unch Bordoyi 5I8»
      648 words
    • 579 15  -  Cost-cutting and restructuring exercise pays off By AMY BALAN HAW PAR BROTHERS International Ltd's coat-cutting and restructuring exarciaa in the past two yaara haa paid off handsomely. Tha full impact of tha measures taken waa reflected in a huge 80 per cent riae
      579 words
    • 884 15 CwriK Ex Books 1Mb Total (or TaM tar payment drte dooo poyobto too yoor lost yoor A 1 N 13*4% NYA NYA NYA 27% 27% Asiatic D*v 3% May 6 May 19 Jul 1 Ayor HHam Tin 7%l Mar 13 Mar 25 Apr 8 7% 80% AT 25%
      884 words
  • Page 14 Advertisements
    • 378 14 n i i 8 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE UD (Incorporated m the Republic of Singapore) REDEMPTION OF'S$7%% CONVERTIBLE UNSECURED LOAN STOCK 1991 AND TERMINATION OF CONVERSION RIGHTS To: All Loan Stock Holders 1 REMINDER 1.1 This is a reminder to all Loan Stock Holders. 1.2 The Development Bank
      378 words

  • Page 15 Advertisements
    • 542 15 Haw Par Brothers International Limited (Incorporated in the Republic of Singapore) The improvement in the Group's performance was achieved through a combination of various factors. The general increase in profitability of most operating companies arose from the full impact of cost cutting and restructuring of the Group over the last
      542 words

  • 549 16  -  By GOH YEE LING SEVERAL ECONOMISTS yeeterday called for more detailed information to be provided in the Budget documents. All three speakers at an Economics Society of Singapore forum on the Budget were of the view that the accounts presented were not sufficiently consolidated,
    549 words
  • 444 16  -  Firms taken aback by 'application forms' they received By LIM SOON NEO THE MASS RAPID Transit Corporation (MRTC), which has a aev-an-strong public ralations department, is now scouting for an external public relations consultant to help it launch a major publicity effort. Its search,
    444 words
  • 221 16 AS THEY STRODE DOWN the fairwaya of friendahip yeeterday, Firat Deputy Prime Miniater Goh Chok Tong and the Malayaian King had plenty of reaaona to amile. Partnering the two hotteet golfers on the Asian circuit Chen Tze Ming and Brian Tennyson Mr Goh
    221 words
  • 463 16 Bernama A POSSIBLE alternative to the New Economic Policy is a National Growth Programme which oould lead bumiputras as well as the Malaysian economy to a more dynamic growth path in the 1980s, the managing director of Arab Malaysian Merchant Bank Bhd, Datuk Malek Marican,
    Bernama  -  463 words
  • 98 16 Bernama ES INDISCRIMINATE wage increases not pegged to productivity and profitability will price Malaysia's commodities out of the world market, especially in the current depressed world market situation. The president of the Malaysian Mining Employers' Association. Madam Kalsom Taib. warned yesterday that the "almost automatic",
    Bernama ES  -  98 words
  • 319 16 Reuter PRESIDENT SUHARTO, injecting a note of realism into Indonesia's election campaign, yesterday called on the country's 168 million people to boost efficiency and work harder to make up for a slump in oil revenues.
    Reuter  -  319 words
  • 165 16 Reuter CHINESE Premier Zhao Ziyang said yesterday that the threat from Western political ideas which caused widespread student demonstrations last December had been curbed, but warned of serious economic problems. Mr Zhao was addressing the opening session of China's Parliament, the National People's Congress,
    Reuter  -  165 words
  • 90 16 Reuter A SINGAPORE AIRLINES Jumbo swooped low over Chriatchurch Airport yeeterday to become the firat of 34 planee due to complete an air race from Singapore. The Boeing 747, carrying 256 pasaengers on a regular weekly aervice, croaaed the finiah line 42
    Reuter  -  90 words
  • 81 16 MALAYSIA will experience an outflow of M 562.1 million over the next five years to Japan in the form of running royalty and lump eum paymenta, baaed on liceneing and other agreementa laat year, a seminar on export opportunitiee to Japan waa told
    81 words
  • 71 16 Reuter MILD BOUTS of profit-taking aent etock pricea slightly lower in active trading early yeeterday. Computer stocks, which gained on Tueeday after the aurge in IBM, were moetly lower. The Dow Jonea Induatrial Average, which cloaed at a record in eech of the laat aix aeeaiona, fell
    Reuter  -  71 words
  • LATE FILE
    • 56 16 Reuter NEW TAIWANESE investment in the US is likely to nearly double to US$BO million this yeer and reach US$4OO million per annum by 1901. In a forecast published yesterday, the Economic Ministry said investment last year, mainly in the electronica. trading, and food
      Reuter  -  56 words
    • 57 16 Bernama ES MALAYSIA'S producer price index (PPI, base year 1978) rose by 1.89 percentage point to 118.4 per cent in the fourth quarter of 1988 from 118.2 in the third quarter. Against the level a yeer ago, the fourth quarter PPI fell by 0.31 point,
      Bernama ES  -  57 words
    • 41 16 AFP A MALAYSIAN journalist told an inquiry yeeterday that his chief editor instructed him to writs a story which two Cabinet ministers latsr claimsd was fsbricated to diecredit former Deputy Prime Minis' tor Musa Hitsm. AFP
      AFP  -  41 words
    • 31 16 Reuter EUROPEAN COMMUNITY research ministers failed yesterday to end a deadlock over a key high-technology research programme after oppoeitoon from Britain and West Germany. Router
      Reuter  -  31 words
    • 31 16 Reuter HONGKONG Journalists will discuss with UK officials in London the repeal of a controversial prees law that makes false reporting a criminal offence. Router
      Reuter  -  31 words
    • 38 16 AFP INDIAN oppoeition leaders decided yesterday to prees their first no-confidence motion against Prime Minister Rajiv Gandhi following allegations that he had lied to parliament about his controversial relationehip with Preeident Zail Singh. AFP
      AFP  -  38 words
  • Page 16 Advertisements
    • 87 16 Ship Management Offshore Supply Vessels Tugs and Anchor Handlers Diving and Multi Role Support Vessels Drilling Rigs Semi submersible Emergency Support Vessels Stand by Vessels Well Stimulation Vessels Seismic Survey Vessels Early Production/Well Test Vessels Construction Barges L.P.G. Carriers VLCC-ULCC Products Carriers Chemical Carriers Bulkers Passenger Vessels Ro Ro's Ferries
      87 words
    • 217 16 26th March 1987 TtvAAjc tea AMn TRANS-ISLAND BUS SERVICES LTD. (Incorporated in the Republic of Singapore) Invitation Issue Listing 15,500,000 Ordinary Shares of 550.50 each 551.50 per Share SESDAQ Applications for Shares may only be made on Application Forms referred to in the Prospectus. The Application Forms and Prospectus are
      217 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 102 17 AFP LLOYD'S Register has called on shipowners to fit "black box" voyage recorders to their vessels, similar to those used in aircraft. 1/ The society said it had successfully tested a prototype voyage recorder which could be put into commercial production shortly. The recorder
      AFP  -  102 words
    • 444 17  -  By BOEY KIT YIN THE VAN OMMEREN group an international transport, tank storage and trading organisation based in Rotterdam will soon open its fourth office in Singapore to provide tank container shipment services on land and sea. This was disclosed when
      444 words
    • 292 17 Bernama TOTAL CARGO tonnage handled by the Bintulu port increased by 18.8 per cent to 7.88 million tonnes in 1985 from 8.83 million tonnes the previous year, with liquefied natural gas (LNG) still remaining the port's "lifeline". Port authority chairman Datuk Ishak
      Bernama  -  292 words
    • PORTSIDES
      • 52 17 CONTAINER and chassis lessor Transamerica ICS has been appointed exclusive agent for Mitsubishi Corporation in its efforts to retrieve about 28,000 containers hired out to financially-troubled United States Lines. The containers are fn five continents and most of them are expected to be recovered within half
        52 words
      • 93 17 AFP AN ISRAELI navy patrol boat intercepted a Lebanese cargo ship on Tuesday inside Lebanese territorial waters and forced it to sail to Tyre, southern Lebanon. The cargo ship, Mondial Car, was intercepted off Sidon and escorted to Tyre which is controlled by the Shiite Amal militia.
        AFP  -  93 words
      • 122 17 AFP A DISTRICT Court in the Indonesian province of North Sulawesi sentenced a Taiwanese sailor to two years in jail for killing a fellow crewman and wounding two others last year, the Antara news agency reported. The sentence handed down by Judge Wahyudi, head of
        AFP  -  122 words
      • 91 17 Reuter THE SOUTH KOREAN captain and first officer of a Cypriot oil tanker have been arrested on manslaughter charges after an explosion on board killed one sailor and injured six, Italian police said. Officers Hwang Pyng Sang, 54, and Yeong Yan Han, 43, faced further charges
        Reuter  -  91 words
      • 83 17 THE JAPAN/lndia-Pakistan-Gulf/Japan Conference will raise the extra risk insurance surcharge (ERIS) on shipments to Iranian and Iraqi ports to 13.5 per cent from 8 per cent, effective Wednesday. But it said it will reduce the ERIS on shipments to non-Ira-nian and non-Iraqi ports covered under existing
        83 words
    • 533 18 Opecna THE NUMBER of operating berths at Saudi Arabian ports jumped up from 37 in 1976 to tW in 1986, according to Mohammad Abdulkareem Bakr, director general of the Saudi Porta Authority. Interviewed by the Saudi Press Agency (SPA),
      Opecna  -  533 words
    • 427 18  -  By Kingsley Wood FLAGSHIP of the six-ship P 0 cruise fleet, the US$l5O million phis Royal Princess, will reach Singapore today for a one-day stop as part of a circle Pacific cruise that began from Los Angeles on Feb 14 and will end in the
      427 words
    • 715 18 AB Shpg V 5 Accord Shpg VI 3 Africa Ocean IX 4 Alltrans VII 3 Anro Service IV 2/3 ANl 1 1/2 ARC Line V 4 API III 2/3 ASCI III 1 Bait-Canada line VII 4/5 Bait-Orient line VII 4/5 Bank line V 5 BBS II 4/5
      715 words
    • 1312 18 BUSINESS on the London •hipping freights market was dominated by time-charter operation* on Tuesday, with the accent once again on veesels available in the European area. Freight rates tended to hold steady after their recent sharp incline. British Steel booked the 27,700 dwt Saint Dimitrioe at U554,200 per
      1,312 words
    • 178 19 THE MAJOR shipping consortia operating bstwesn the Far East/European, Far East/Psrsian 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 Line
      178 words
    • 188 19 FT THE Panama Canal Commission expects to incur a loss in the current financial year, for only the second time since its establishment in 1979. Mr Dennis McAuliffe, Canal Administrator, said in London that about $5 million of the $15 million cost of
      FT  -  188 words
    • 530 19 ANOTHER round of rate increases for both dry and refrigerated cargoes is to be levied by the 13member Transpacific Westbound Rate Agreement (TWRA). The move is due to the many commodity rate levels in the westbound trade that have remained at 1979
      530 words
    • 229 19 —a LEADING Japanese lines Mitsui OSK, Nippon Yusen Kaisha (NYK) and Yamaahita-Shinni-hon will cease their container service to the Canadian port of Saint John from May 18, ending a 15-year relationship. Last vessel to call will be the 442 TEU Cape Henry, said Lloyds
      229 words
    • 208 19 MEMBER LINES of the Australian Northbound Conference (Anscon) are replacing four ships with larger, more efficient tonnage in the trade to Hongkong, Taiwan and the Philippine*. In a further effort to streamline the overtonnage route and cut operating costa, Anscon has alao
      208 words
    • 208 19 The above information is compiled from data provided by the Singapore National Shipper's Council. ALL SURVEYS are conducted on March 9 Argtnuni Buenos Aires 20 vessels operating. Australia Brisbane Normal operation; Melbourne Normal operation; Sydney Normal operation. Chalna 10 vessels operating; Chittagong 15 vessels operating. Brazil Santos Waiting
      The above information is compiled from data provided by the Singapore National Shipper's Council.  -  208 words
    • 263 19 LYKES LINES's new 14-day container service from the US gulf and Atlantic ports to the Mediterranean will call at the ports of Galveston and New York. Other ports of call for the three 1,100 TEU full container veesels are still under consideration.
      263 words
    • 6779 24 QOtaBUXPtLB 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
      6,779 words
    • 830 26 >B J}\*^f/^B J»\ t i MAMNA WHARVES Ingn M3 otongrid* 26.03/2300 MHra Joyo Ml oiongnd* 2603,0400 Unhon M M4A ulnnQBiln 26.03/0700 Botow MuKo Mil 2603OW0 28.03/2300 M2S 260Q/0600 2603/2300 Hong Soon MM 2603/0700 2700/1200 Kafcnon*— 1 M2A 26 03/0700 26.03/2300 Putro Mulio M4A *****700 26.03/2300 Syohputra MIA
      830 words
    • 128 26 This w»kty report is pwpwd by Varitaa PHrotoum tenriott, London. Tho information, minimum and maximum iavato, to baoad on Bmlttd sampiao from motor vaoaota onaiyood in its laboraftortao. Mora oomprohonsivo fuai quality jutamr**}*" to postaa »o pamcipanis m ma vtmai ruai eyiiiry tasting pro- Area/Port Vlecoelty
      128 words
  • Page 17 Advertisements
    • 719 17 Mammoth Hunters ttoan M. Auel L*J CORONET BOOKS Available at all Good Bookshops WW/ ORIENT OVHQEAS CttUaimH LINE Jardines 200 CMkmrnnt tad #12-05 Southpomt Singapore (BOS Id *****1 TELEX NO RS 2(179 TERMINAUCFS Tal *****18 220 BOOKINGS Td *****34 23S KSAKA JAROINE SMIPPINC AGENCIES SON. MO. PORT KELANG TEL 3SMIU
      719 words
    • 68 17 THE NUMBER of operating berths at Saudi Arabian ports jumped up from 37 in 1976 to 168 in 1986. Pag« II ANOTHER round of rate increases for both dry and refrigerated cargoes is to be levied by the 13-member of the Transpacific Westbound Rate Agreement (TWRA). Page 111 Index to
      68 words
    • 567 17 SHE HAD T) ;> W V) NEEDED LOVE. SHE WANTED REVENGE. Emma Hartr is A WOMAN OP SUBSTANCE Bui what is the price she has paid? Available at at good bookahopa MAERSK LINE TO JAPAN next sailing "LAURA MAERSK" etd 7.4.87 Voy S'pore Tfw week Alva M Ctoemg Tirm CY
      567 words

  • Page 18 Advertisements
    • 324 18 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMEN^ REGULAR CONTAINER SERVICE FAR EAST TO MEDITERRANEAN AND EUROPE ALSO ARABIAN GULF AND INDIAN SUB CONTINENT A iu to a' 1 U P d?v ".J*-ens "J CL'BOUNO TO MEDITERRANEAN FCL to iir-jvso< KU v.- i Be.'-t 4 -ic a ennr, j f,j»
      324 words
    • 308 18 UAOPE/PAIt EAST CONVKNTIONAL SERVICE VSL SITA ELBE Further lotd/ diichifQinfl pgiii m rouH tubjtd Id flMlllciont Smppora Offioc MTM S'pora. T«i: 22K500 Tic R8 ***** MTftMl TEL: OS-*****80 iywa «ml bhd. TLX: 2011f MTM Frt Booking contact Mist Qan S PORE LOO. FOR Fax: *****46. ipr The Super System SlilS?
      308 words

  • Page 19 Advertisements
    • 404 19 The Straits Steamship Group Mansfield Container Shipping Pte Ltd CONTMKXSHr saw* TO UK/COHTfOT: STRAITS SHPPING linjtpon to 3ihth, jnwcli Brunsi Ports and Bangkok no/\nv l|||| PAO 1 uvUUL Containers Limited rm pjqmi n* nq w—n» um nn > nr m aw* j* m mm m m an an m mm
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    • 502 19 Franco Belgian Services r. 4. r f (MFMBER OF ACF CONSORTIUM, ct Attorn at mm I Apr 4 Apr a Apr S Apr M Apr I Apr U Apr V Apr »*r tSr 7 M Apr a Apr 7*r MM* 12 Mv 17 SEP SERVICE TO WEST AFRICA LOADING DIRECT
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  • Page 20 Advertisements
    • 284 20 (0 NT AINE RS HIPS E RVICETO UK,'CONTINENT tin irtarg BHavw Mm m 1* m an m W an an an an an an www WWW «s *5 110 llfi HH WWI7H W w an an an an an an an v m an iin an i* an an an
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    • 429 20 j, KSline nMA smtrmt c**—*"* FULLY CONTAINERISED SERVICE TOfUROpi vifl™SUf7^ ***** ES P.MwuS'aar* W 3113 (WO H* <1*») M <2*o n/4 <3*o 8/4 FROM [-JROPF VIA SUF/ Member of the »ce Coruorlmm CHINA CONTAINER X C.R. TOKVO R OVEN HAS MM B r.ll* i:oNlfl!N!RlSin lit (ROM NORTH AMERICA AIS! COASI
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    • 229 20 INTERCONTINENTAL TIMBER CARRIERS BULK TIMBER/PLYWOOD PARCEL SERVICE To: CONT/UK PORTS: KK I Tf. Mml *FAYROU2 2 ITC-M3 TVMA MM 27/3 rrc-m SINGAPORE POUT KELANC ROTA RINARALU T6. HANI CAUCO SHIPPING PTE LTD T«fc ITBS* Th: RS XUI CALICO FAX: 2NBH PERKAPALAN UTAHA SON BHD T*Mni«i KESAWAN SNIPPING SON OHO t«»:
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    • 649 20 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EV« GUIDE EVER LIVING MP NKfi KSG KLC PUS OSK TYO KSN CHS NYC ML MM FIX MM AMI vn an mr 2* vn us id w w w w w 2 ws i«s 11/s 27/s as *s ars UNI-MKMOTION/EVER LEVEL 1*
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  • Page 21 Advertisements
    • 473 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE 1/4 4M 7/4 IM 11M i' BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE ri VT RED SEA/EAST AND WEST AFRICA SERVICE KARACHI/M.E. GULF SERVICE CHINA SERVICE PAH£ATT PLOT 14-17/4
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    • 142 21 MB NORBULK CARGO SERVICES LTD. REGULAR CONVENTIONAL TIMBER AND PLYWOOD SERVICES TO UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS SPORE MARATHON UNITED AG£NCY PTE LTD TEL 52W66 MALAYSIA SP YEO SHIPPING 4 TRADING KL "C»44t PK *****01 PfNANG TANJUNG MARINE SDN BHD TTL 6?85?5 SABAH TRANSPAC K K 594»721?« m PACIFIC
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    • 468 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT W* Hf< Uft W W un an an an an an m an n* a* n* a* m* I* W n* on i«s on an www an an oa im an an an an in w an a m m v a* mna
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    • 505 21 DJASAGETRI A Joint Europe Sorvico Of: P.T. DJAKAITA LLOYD P.T. GEStfH LLOYD FX SAKUBESA NMMESSA P.T. TIBCOIA LLOTB EXPRESS SEMI CONTAINERSRIP SERVICES A'DARVR'DAM N'BUK i n! j 113 I J SPORE BILBAO S-2M 24/5 2$ ?5 I Said, Port Atoxandrta, o>m», Trlaf ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S
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    • 324 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR (Burmese National Line) Loading for Rangoon Sport P.Kdang pagan vui* am Rbr ■YCMAYWA \nm 7ft Apr PA-AN VMM 14/11 Apr sa BANK LINE IVYiANK VIM TOANA NIUGINI V3M TAUSALA SAMOA V9N MORAYBAMK V3N SPORE ROAM HULL MM 29/3 26/4 3/5 30/4 17/4 12/5 20/5
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  • Page 22 Advertisements
    • 800 22 Kline KAWASAKI KISEN KAISHA, LTD. FEEDER VSL RAOIA V 7 FEEDER VSL RACNA V 7 ■OTHER VSI SPORE MUG PNC SPORE KOBE GUAYAQUIL CALLAO ARKA IQUIQUE AFAGASTA S.ANTON 10 VALPARAISO TIN VSL 2S Mir XM* 27 Iter a Mir 17 Apr 7N* IS M« llfey MOTHER VSL PKLG PNG STORE
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    • 311 22 HAYAKAWA MARU ***** S.A vaal rrm S.A. VAAL 2325G NEDLLOYD COLOMBO 2427 C Mf Jardm^ JAR DINE SHIPPING AGENCIES (REG. 242 200 CANTONMENT ROAD #12-05 SOUTHTOINT. SI M: *****11 TELEX NO: RS ***** TERMINAL/CFS Til. *****18-220 BOOKINGS Tel. *****34-235 FREIGHT LINKS EXPRESS PTE LTD SINGAPORE: Ta: 2Z145-1S (20 LINES) Ttlei
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    • 680 22 9caa&g AUSTRALIA EXPRESS CONTAINER SERVICE AccapMng FCL/FCL Cowlalwarß CALABAR *33 4 Apr ESTECLIPPCR *1321 Apr CALABAR *J4 9£, ESTECLIfPER *1426 Mty b<w *wl S port -RAMOAS" in 13 Apr "CHA ADIDAS" *JS 21 Apr "KABIROAS" VJ4 IS Mty "RAMOAS" V.3 S Jura IMb Fran Sydn Ate Acapb 27 Apr flk)
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    • 615 22 GOLDEN LINE GUAN GUAN SWUNG (PTE) LID 73. TiM Arc Sired sbwpore 0104 m imjm oo unes> STRAITS/PERSIAN GULF SERVICE: s-poro pi OOiKN WON OCR Cotombo/Karadu/Ouboi/Dnnmon in Part GOLDEN KM Cotanfco/Kindw/Duboi/tW* 4/S Apr CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA 11. ii. <n m a 'mk mrmi
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    • 522 22 INTRASEA (PTC) LTD 15 Hoe Chiang Roa<\ cO7 02/03 Sanford Building Singapore 0208 Tel *****11 (10 Lines) Bulk Orient Line BREAKBULK SERVICE TO EUROPE/UK I WB MM Mi SCTI^/^/WUHUUI warm EXPRESS tm w EsajßiwT/toT/uKowu.) AfMitt: Singapore INTRASEA (PTE) LTD BOOK INC 224(511 K. Lianpur BINTAUG SHIPPING CO. SON. BHD. 71*711
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  • Page 23 Advertisements
    • 646 23 NOL NEPTUNE ORIENT LINES LTD s'para NEPTUNE AGENCIES PTE. LTD. Trffe Oflka TnW CH vmtn mm nam NEPLINE SON. BHD. NEPLINE SON. MO. NEPLINE SON. BNO. NEPLINE SON. BHD. Ml EMT/HMK FILLY CMTi TO EUROPE/UK (VIA SUEZ): CR PARIS W Stel K JACEJM (30/3 L C BRIDGE SIW. C CONTAINER
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    • 314 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG PENANG. BUSAN. INCHON S PORE AGENTS NEPTUNE AGfNCIES PTE LTD Tel 2•sou: 22:7510 *****22 (Oper *****8' 22W214 (T#rmmji) *****50 *****01 (CfS) MALAYSIA AGENTS T INAS SETiA SDN BHD CI Tel ****** *****87 PC Tel 3M5564 36*»3tt PEN Tel *"3*5
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    • 534 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. KELANG m$ HANDLING SYSTEM CO SON. WC. No. 14 Mwi Cimph, Port Uml SMm»t, Moloyoa. Tot
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    • 69 23 L//vr NVfO HARU VJA MM MM rOSHIUM VJ2A SaiM K2I HELIOS 2 VIA SaiM 2*3 DEL RBEMOS VHA S0 2/4 Moral mmg «or M¥. Hipp* Mm VJA will to toM m2mMi V at Mr KH frM MM-UN krt. Ttora will to no tarttor away aft* thta tola. SMIBUSAWA ME ISM
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  • Page 24 Advertisements
    • 287 24 SINGAPORE SHIPPING CORPN.CRTEJ LTD. TEL: 225-6868 (30 LINES) ■TELEX: RS *****A/B SSCMA, RS ***** A/B SSCAO [JHJTf H AC, H T St ERE E DERI I ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE I;»i,t.' i **VIA LARNACA: Accepting cargo for Piraeus, Thessaloniki, Izmir, Istanbul, Mersin, Lattakia, Limassd, Beirut, Alexandria, Port Said, Iraqi,
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    • 156 24 r Hai Sun Hup Co (Ptc) I Ail I K \K I iM K MM ki i;ni f.l v;: i;ni k*h a; v'i: H: SPECIAUST IN RO-RO HEAVY LIFTS MM NAOOYA KAMI wr. no fpara NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGNDN6, r TAIWAN A CHINESE PORTS, SUBJECT MOUCEMENT IMLINTERMARITIME
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  • Page 25 Advertisements
    • 202 25 mil WEEKLY FAR EAST/EUROPE CONTAINER SERVICE CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/3M7111 04-*****2/4, *****3 07-22HH, yyiitt, WMK 07-*****1, *****3. *****5, *****0 02-*****22 TO EUROPE TTT n —i n::<: ET r. f",'T I. BUT AUG a OTHER DESTINATIONS: AARH N. OCLFT TONS: AARHUS,
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    • 356 25 FARGO SHIPPING COMPANY(PTE)LTD. REGULAR EXPRFSS FUIL CONTAINER AND LCL rt »vlCf MNXJND AGENT FOR AK COHT SEJUI ■■■BicraczaraCT T^TT, X L i O xs cr nxn FCU LCI «d 200 Cantonment Road cO2-03 So Jthpoint Singapore 0208 Tel *****22 (4 Lines) CFS (Import) K37 Tel. *****78 CFS (Export) EAL Tel:
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  • Page 26 Advertisements
    • 461 26 LJIMK Booking: 3M2127 ft 0*2411 far *****30 Tote* RSM7M NUNK Accepting FCL, LCL, CONVENTIONAL' BOTT, ANTWERP, NAM, Lt NAKVE, BREMEN, U.K. AUSTRALIA/NX UNITED STATES CONTINENT PACIFIC CONTAINER LINE FRnCHTPA FORWARDER FAP [AS* CO Tel S3:**4 *****58 TLX ***** FA* 5333?01 AM m "▼J' n Mitsui OSK Lines Ltd CONVENTIONAL/SEMI-CONTAINER I
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    • 12 26 j I H > ■mar a BOOKING A6ENT FREIGHT MANAGEMENT CONTACT: LYN/MARY *****11
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  • Page 26 Miscellaneous
    • 150 26 Regional Weather m 7A m »w9rj >>. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wave height LEGEND: R Thunderstorm Temperature c X\ Weather Wmd direction with speed m knots *2 CL Wove height Cloudy Sky Surface winds are indicated by arrows
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