The Business Times, 29 May 1987
1987-05-29
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The Business Times
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Title Section12 1987-05-29 1 BUSINESS TIMES M.C. (P) No. 112/12/86 FRIDAY, MAY 29, 1987 75 CENTS12 words
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Article, Illustration204 1987-05-29 1 STOCK MARKET THE SINGAPORE stock market closed firmer yesterday with the Straits Times Industrial Index rising by 6.47 points to 1,220.17 and the BT Composite Index gaining 8.29 points to 1,067.04. Gainers led losers by 121 to 59. Volume was heavy at 47.3 million shares worth $106.5204 words
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507 1987-05-29 1 SOH TIANG KENG - By SOH TIANG KENG, Financial Correspondent THE SINGAPORE International Monetary Exchange has expelled a floor manager and suspended two individual members for trading misconduct. They will also be fined $25,000 each. The Simex board, which has just concluded its hearing on the507 words
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300 1987-05-29 1 Reuter DEMAND FOR foreign currency has skyrocketed on Indonesia's foreign exchange markets again amid scare talk of another devaluation of the rupiah. Bank Indonesia, the central bank, reported that turnover had hit US$l24 million on Wednesday on the foreign exchangeReuter - 300 words
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504 1987-05-29 1 FOO CHOY PENG - By FOO CHOY PENG CHINA will continue to take note of Singapore's role as an entrepot centre even though it now trades directly with more countries, a Chinese leader assured First Deputy Prime Minister Goh Chok Tong yesterday. The assurance came from Mr Zheng504 words
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186 1987-05-29 1 UPI IRAN'S ambassador to the UN said yesterday that the US was "looking for trouble" in the Gulf. In an interview on a US news programme, Rajaie Khorassani commented on the Iraqi attack on the missile frigate USS Stark and said that President ReaganUPI - 186 words
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117 1987-05-29 1 AFP THE DECISION by Chase Manhattan to follow the lead of Citibank and sharply boost its reserves for possible losses on loans to poorer countries has given more ammunition to Japanese banks prevented from such a move by the Finance Ministry. "It is veryAFP - 117 words
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338 1987-05-29 1 Reuter ASEAN will send a message opposing trade protectionism to the leaders of seven major industrialised nations meeting in Venice next month, Singapore Foreign Minister S Dhanabalan said in Tokyo yesterday. The minister said Asean would express concern about rising protectionist sentimentReuter - 338 words
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266 1987-05-29 1 PAUL JOSEPH LIM HUAT CHYE, who had been associating withTan Wah Piow and Vincent Cheng, is now wanted by the Singapore Government under the Internal Security Act. This has been gazetted, said a government spokesman yesterday. The move against Lim, a 39-year-old Singaporean, follows266 words
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91 1987-05-29 1 THE SOONER Malays become willing to discuss sensitive is-, sues openly, the faster they can affirm themselves as Malay Singaporeans and not as Malays living in Singapore, said Dr Ahmad Mattar in his Hari Raya message. Dr Mattar, who is the Environ-91 words
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Page 1 Advertisements
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Advertisement61 1987-05-29 1 0 THEI aqUNT communi^^^h-^ Pat on a Crocodile. Wear a legend. a AVAILABLE AT: #02-35 CENTREPOINT #02 56 MERIDIEN SHPG CENTRE #03 123 MARINA SQUARE #02 24 AMARA HOTEL #01 71 PARKWAY PARADE 134 SOUTH BRIDGE ROAD #01 08 OUB CENTRE 119 NEW BRIDGE ROAD #01 60 GOLDHILL SQUARE 661 words
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Advertisement282 1987-05-29 1 Doomed from the start THERE IS TOO MUCH TALK over arms control and little being accomplished because in their present form, disarmament efforts are doomed to failure. The vital issues have to be addressed first and even on these, little is being done. Why is that so? See Page 6282 words
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Advertisement8 1987-05-29 1 Japan to unvail UBS35b pacfcaga today, Back Paga8 words
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Advertisement103 1987-05-29 1 EP4IOZ QUADRUPLE ZOOMING POWER MINOLTA Power-enlarging to 4 times original size. On Back Page: Documents confirm Cheng's Marxist plot How he made use of church publications Catholic Church affirms opposition to Marxism and Communism Business Times wishes all Muslim readers m m 9, Y in 3 ,1 > > n103 words
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HOME NEWS
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540 1987-05-29 2 GOH YEE LING - By GOH YEE LING ROBERTS MAGNETICS will be setting up a plant costing $10.5 to $12.6 million (US$5-$6 million) to manufacture magnetic products for use in audio-visual equipment, computers and medical apparatus. Soon after the arrival of a 24-member delegation from the Sheffield540 words
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245 1987-05-29 2 AFTER EXPLORING several alternatives. the Ministry of Education and the Hwa Chong Junior College management committee have decided to house the college at two venues over the next three years. For six months from June 29, students and staff will245 words
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511 1987-05-29 2 ANNA TEO - By ANNA TEO NEWTON PTE LTD has formed a subsidiary to develop its industrial complex, the $100 million Newton Technology Park at Lorong Chuan. Newton Investment Ltd, incorporated last month with a nominal capital of $25 million which is the estimated value of511 words
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173 1987-05-29 2 THE REPUBLIC of Singapore Air Force's most recent acquisition, the E2C airborne early warning aircraft, will be the star of the celebration for this year's Singapore Armed Forces Day on July 1. In conjunction with the celebrations, Telecoms will issue a new173 words
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Article, Illustration253 1987-05-29 2 ROBERT PATERSON has been appointed a director of Singapore International Merchant Bankers Limited (Simbl). Mr Paterson, who is currently assistant director in charge of corporate finance, joined Simbl in June 1985. Before that, he was with Lazard Brothers in London working on privatisation issues. Mr Paterson is253 words
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311 1987-05-29 2 CHARLES SAVAGE - By CHARLES SAVAGE MOLEX SINGAPORE, the largest supplier of electrical and electronic connectors in Singapore, is investing more than $15 million in a new factory and equipment. This will bring its total investment in Singapore to about $40 million. The new investment is311 words
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124 1987-05-29 2 LOCAL COMPANIES with new ideas for a product can go to the Design and Development Centre set up recently by the Singapore Institute of Standards and Industrial Research (Sisir). Sisir director Associate Professor Poo Aun Neow said yesterday the centre now carries out work124 words
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364 1987-05-29 2 SHANGRI-LA HOTEL is spending more than $1 million on five cars for its guests. The hotel, voted the world s best by readers of Euromoney, an up-market British financial magazine, is investing in a fleet of the latest series Mercedes Benz to form the core364 words
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Article84 1987-05-29 2 IN A MAY 19 story on the October opening of Wah-Chang International's Dusit Laguna Resort hotel in Phuket, BT said the hotel would join two others owned or developed by Singapore interests. The two other hotels were referred to as the Holiday Inn Phuket, partially-owned by United84 words
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450 1987-05-29 2 LIM SOON NEO - By LIM SOON NEO THREE AIRLINES will operate additional flights starting at the end of this month to help cope with peak period traffic due to the June school holidays. Singapore Airlines and Cathay Pacific are both putting in extra flights for the450 words
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Article397 1987-05-29 2 THE DECLINE in membership of the Singapore Manufacturers' Association continued unabated last year. According to the latest SMA annual report, as at end December last year, the business association had 895 members, down from 969 in 1985 and 1,069 in 1984. The decline was due397 words
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Article278 1987-05-29 2 Seminars and Courses 1 c EG Cahners Tel: *****13 1 Exposition Tlx RS ***** Group Fax: *****06%. > DURATION TITLE Jun 6 Legal Powers of Corporate Entities. Their Directors or>d Officers on Commercial and Financial T ronsactions Jun 8 The Realities of Justifying Office Automation Jun 8 Core278 words
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Page 2 Advertisements
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Advertisement10 1987-05-29 2 WORLDWIDE EXPRESS Prompt pickup and delivery 24 hours a day10 words
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Page 2 Miscellaneous
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Miscellaneous68 1987-05-29 2 Doonesbury REDFERNtANNOUNCIN6 THE RESULTS OF HIS IN-HOUSa FIRST, I'D UKB TO THANK YOU ALL FOR YOUR CANDOR, ESPECIALLY THBSPORTSMVTERS,UHOFIU£P OUTTHE QUESTION- NAIRE/N AMAZING C *>£ r I m r is Aic m BY GARRY TRUDEAU AS FOR 7HEBESULTS, ITWOUU? APPEAR 61* OF THE MEN HERB HAVE CHEATED ON THE* SPOUSES,68 words
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ASIA-PACIFIC
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380 1987-05-29 3 FT JAPANESE and Korean semiconductor manufacturers have infringed dram patents held by Texas Instruments, the largest US chipmaker, and this "unfair trade" practice has injured the US semiconductor industry, a judge appointed by the US International Trade Commission has determined in an important preliminaryFT - 380 words
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326 1987-05-29 3 FT GRUNOtG of Weet Germany has become the first European consumer electronics company to announce plans to make and sell a revolutionary Japanese sound system. The decision is likely to put pressure on other European companies to follow suit, which could result in theFT - 326 words
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Article154 1987-05-29 3 AFP JAPAN'S ruling Liberal Democratic Party has drafted a plan to build a heliport network as a means of new transportation in the country for the 21st century, a newspaper reported yesterday. The plan, titled "Heliport Highway 600", calls for building as many as 600AFP - 154 words
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221 1987-05-29 3 AFP A US$l7 MILLION contract has been signed in Beijing to build a Chinese theme park north of New York by 1990, complete with a replica of the Great Wall, a Mongolian rodeo and a mythical Monkey King. US developer Dean GitterAFP - 221 words
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Article787 1987-05-29 3 ARRIVALS Operator Service Local From number time SiA SQ11 0045 LAX/NRT 114 US805 0045 SFO/HKG JFK/BOS/ORD/ ANC/NRT/ MNL/TPC FT FT71 0046 SiA SQ45 0605 MRU/CMB MAS AAH601 0720 KUL KAL KE697 0815 SEL/MNL MAS MH681 0820 KUL SIA SQ43 0850 DHA/KHI MAS MH8 1 1 0910 PfN787 words
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268 1987-05-29 3 AP US LEGISLATION to limit the growth of textile and apparel imports to one per cent a year would create as many as 152,000 new jobs within two years, says a study commissioned by a US industry-labour coalition. The study,AP - 268 words
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446 1987-05-29 3 FT THE WORLD BANK has called for a radical five-year reform of India's industrial and trade policies to help the country avoid major export and foreign borrowing problems in the early *****. It proposes the removal of most government controls on industrialFT - 446 words
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378 1987-05-29 3 AP JAPANESE CARMAKERS, by limiting exports to the United States, cost buyers of American-made cars U5517.75 billion extra in the first four years of the voluntary quotas. International Monetary Fund economists said yesterday that spending on Japanese vehicles was nearly US$l5AP - 378 words
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Page 3 Advertisements
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Advertisement49 1987-05-29 3 /I I A"\ 7" The business person's choice. I Mm 11 I J every Tuesday, Thursday, Saturday and II I rV-ll Sunday. Leaving Changi Airport at I yj_ V li-JL 22:05 hours and arriving Bombay at 00:30 hours. Call your Travel Agent or Air Canada at *****55. AIR CANADA49 words
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Advertisement24 1987-05-29 3 Air cargo by Lufthansa means expert handling of your important goods to 79 destinations in 26 countnes of Europe. Professionally. Speedily. Economically. Lufthansa Cargo24 words
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REST OF THE WORLD
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422 1987-05-29 4 Reuter THE HEAD of the US ExportImport Bank has said that the US should consider returning to providing long-term credits for highly indebted trading partners. Speaking to an insurance group in New York on Wednesday. John Bohn said the current agreed internationalReuter - 422 words
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Article, Illustration363 1987-05-29 4 Reuter THE REAGAN administration's top trade official has staunchly defended a US agricultural export subsidy programme, saying it had been instrumental in advancing multilateral efforts to remove farm trade barriers. US Trade Representative Clayton Yeutter also said on Wednesday that Australia and New Zealand, which haveReuter - 363 words
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282 1987-05-29 4 Reuter THE CHICAGO Mercantile Exchange has announced plans to reintroduce trading in gold futures on June 16 in a move putting the CME back in competition with New York's Commodity Exchange (Comex) for gold futures. Gold futures trading stopped at the CME in JulyReuter - 282 words
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395 1987-05-29 4 UPI THE GROWTH RATE of Britain's economy picked up last year, the most notable recovery being in the manufacturing sector, according to a report of the National Institute of Economic and Social Research. This seemed to be due mainly to a depreciationUPI - 395 words
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119 1987-05-29 4 Reuter REUTERS HOLDINGS, the world news and information organisation. has unveiled a new service to provide real-time quotations on every significant stock, commodity, options and futures exchange in the world. The Equities 2,000 quotations service, due to be launched within a few weeks, will beReuter - 119 words
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257 1987-05-29 4 AFP THE PRESIDENTS of Uruguay. Argentina and Brazil held a one-day meeting on Wednesday and warned that increasing interest rates on their countries' foreign debt could jeopardise regional development. President Jose Sarney of Brazil arrived in Montevideo in the morning, joining President JoseAFP - 257 words
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COMMODITIES
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360 1987-05-29 4 AFP THE WESTERN EUROPEAN gas industry must take advantage of an expected broad supply and demand balance over the next few years to prepare for new challenges in the 21st century, according to the chief executive of the Dutch Gasunie group. Together with otherAFP - 360 words
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236 1987-05-29 4 AP UNUSUALLY hot. dry weather in the US midwest and concerns about inflation combined to bring about a two-month jump in soybean prices, the first good news in two years for suffering US southern farmers. Last year, drought ravaged much of theAP - 236 words
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429 1987-05-29 4 MBT CONCERN over inflation and uncertainty of stock and bond markets are creating an increasing shift of investor money from financial instruments to commodities. The bullish sentiment and a glut of speculative funds are pushing up commodity prices on the major markets in Japan,MBT - 429 words
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Article105 1987-05-29 4 SOYBEAN FUTURES on the Chicago Board of Trade closed on or near the highs on Wednesday with gains of 8% to 1114 US cents per bushel. July settled at U555.5416 after posting an 814-cent range. Slow country movement and generally firmer cash basis values gave rise to a speculative105 words
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Article104 1987-05-29 4 WHEAT FUTURES on the Chicago Board of Trade sold off late to close US cent to 1% cents per bushel lower in moderately light trade on Wednesday. July settled at U552.88% after posting a 5%-cent range on the day. F-utures turned lower on scattered speculative long liquidation after reports104 words
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Article83 1987-05-29 4 EAST ASIAN oil products were quiet on the eve of Hari Raya Puasa yesterday Gas-oil rebounded slightly. Naphtha and fuel oil traders remained cautious in a directionless market. Crude (FOB origin) 1 Diongc M>oi (My) 17.15 widi W«»t Ttioi WTI (My) 19.33 -0.02 Products (FOB S'pore) US$/borr«t83 words
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Article398 1987-05-29 4 HONGKONG: The metal closed firmer yesterday in fairly active trading on short-covering after the setback in New York. The easier tone of the US dollar also helped revive buying interest in gold, adding that the US$45O an ounce level appeared to have considerable support. Bullion ended at U*****.10/60398 words
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Article52 1987-05-29 4 ROTTERDAM Closing prices on May 27 Pakn oil crude Sumatra/M'iio sellers option (US$/tonr»e) June/Sep 335.00*lr Oct/Doc 337.50slr Palm oil RBD FOB (M$/tonne) June/Sep 320.00slr Oiein R6D FOB lM$/tonne) June 327.50slr July/Sop 330.00»ir Stearin RBD Poram M'sla CIF Rotterdam (MS/tonno) Juty/Aug 335-OOsir Palm kernel oil CIF (Mj/tonne) June/July 397.50slr52 words
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Article237 1987-05-29 4 Chinese Produce Exchange Sollori' noon doting prtcas on May 28 (SS/100 kg) Coconut oil h* FOB 88.00 Otd drum FOB 98.00 Now drum FOB 62.00 Copra Mixod (Ioom) 50 Pepper soNon Munfok wWto FOB NLW 1180.00 Sarawak whit* FOB foq NtW 1165.00 Sarawak ipodol Made FOB NLW 967.50237 words
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Article317 1987-05-29 4 London Commodity Exchange Buy«f/S»ll*r doling prk*» on May 27 (£/tonrw unleu jpoctfi»d) Prevkxn doting pric** in por*nlfc**h Coffee knh in-ttore London, Mllori option CIF London May 1350/1355 (1352/1359) High/Low 1350/1325 My 1384/1385 (1388/1389) High/Low 1385/1357 Sol«S (3051) Cocoa May 1238/1242 (1245/1250) High/Low 1248/1237 My 1261/1262 (1262/1263) High/Low 1266/1251317 words
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Article93 1987-05-29 4 TOKYO FUTURES closed 0.3 to 1.2 yen per Kg lower yesterday on late selling triggered by lower precious metal prices. Dealers said the market opened mostly firmer on small-lot buying, reflecting the yen's fall against the US dollar. But sporadic liquidation followed after the firmer open in tine with93 words
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BANKING AND FINANCE
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142 1987-05-29 5 Reuter JAPAN HAS announced limited steps to open its financial markets to foreign firms in an effort to quell criticism of unfair trade practices in financial services. Vice-Minister of Finance Toyoo Gyohten, in Washington for talks with US Treasury officials, said foreignReuter - 142 words
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291 1987-05-29 5 FT TRADING in Japanese government bond futures will begin in mid-July on the London International Financial Futures Exchange (Liffe), following completion of an agreement between Liffe and the Tokyo Stock Exchange (TSE). Brian Williamson, chairman of Liffe, said on Wednesday that cooperation betweenFT - 291 words
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417 1987-05-29 5 NYT, UPI CHASE MANHATTAN BANK will follow the lead of Citicorp and set aside US$l.6 billion to cover possible losses in Third World loans. The action will result in a US$l.4 billion second-quarter loss for Chase. Chase, the third-largest US bank, was theNYT,; UPI - 417 words
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451 1987-05-29 5 FT THE BRITISH Office of Fair Trading on Wednesday asked the Monopolies and Mergers Commission to investigate the credit card market on the grounds that banks are making monopoly profits out of it and charging their customers too high interest rates.FT - 451 words
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218 1987-05-29 5 Reuter THE LATEST RISE in the value of the US dollar is temporary and the currency will fall much further, according to economist Alan Greenspan. "The dollar's move this week is a technical reaction. Over the long run the dollar will beReuter - 218 words
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MONEY AND EXCHANGES
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Article834 1987-05-29 5 SINGAPORE: The US dollar closed lower against most major currencies yesterday following some selling and interbank profit-taking. Dealers said activity was thin throughout the day as most operators were reluctant to open fresh positions due to the absence of fresh factors and also to the closure of several834 words
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Article310 1987-05-29 5 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday, after a day of quiet trading as most operators were reluctant to take fresh positions because of the local holiday here today. Period rates were about unchanged to 1/8 point higher at the outset due to a steady310 words
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Article57 1987-05-29 5 THE OVERNIGHT rate on the Singapore interbank market yesterday closed 5-7/8 points higher from Wednesday's close. The term rates tell 3/16 point each to 4-13/16. S$ Interbank rates at 7pm yesterday: OFFEt »10 0»*fmght 6 5 1/2 1-monlti 4 13/16 4 11/16 2-month 4 13/16 4 11/16 3-month57 words
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Article, Illustration186 1987-05-29 5 Indicate* the average of the prime lending rate* of 12 major banks in Singapore Interbank market rates (offer/bid) on May 28 US$ DM SWFC Y«n 7 doyt 7 1/16 6 15/16 13/16 13/16 4 3 7/8 2—13/4 3 13/1* 13/16 1 Mh 7 3/16— 1/16 8 13/16—186 words
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Article55 1987-05-29 5 Treasury bills (most recent issues) Issue code Maturity Yesterday's yield BID OfF€R BQ ***** N 27.8.87 2.73 2.63 BS ***** A 26.11.87 3.03 2.93 Singapore government bonds Issue Coupon Maturity 1 ndicative Yield code rate closing (offered price rate) N*****0Z 3.500 1.6.1989 99.423.75 99.52 N*****0H 5.375 15.5.199255 words
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Article607 1987-05-29 5 SEPTEMBER Eurodollar opened six ticks lower yesterday than the previous close at 92.08, due to a slight retreat of the US dollar. Trading was confined to a narrow range from 92.09 to 92.07 due to absence of fresh factors. Prices however slipped further in the afternoon on a weaker607 words
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Page 5 Advertisements
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Advertisement63 1987-05-29 5 Bank of India London Branch U5530,000,000 Negotiable Floating Rate Certlflcatea of Deposit Due November 1987/89 In accordance with the provisions of the Certificates of Deposit, notice is hereby given that for the six-month interest period from 29th May 1987 to 30th November 1987, the Certificates will carry ah Interest Rate63 words
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Advertisement154 1987-05-29 5 A World of Difference in International Distribution Our service has grown over the years, from strength to strength. Wj've extended our deep sea route network and inland transport systems so that we can deliver door to door throughout the world. In the process, we've carried just about every type of154 words
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FEATURES
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Article446 1987-05-29 6 TODAY is Aidilfitri, or Hari Raya Puasa as it is better known. Today, believers of the Islamic faith celebrate the end of a month of abstaining from food, water and sex from day-break to sunset. Shops, especially those in Geylang Serai, have been busy in the446 words
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Article, Illustration655 1987-05-29 6 PAUL LEWIS - By PAUL LEWIS NYT THE WESTERN ALLIES are moving towards acceptance of a modified version of a Soviet disarmament offer on mediumrange and short-range missiles, according to knowledgeable officials from several Nato countries. Under the emerging position, the officials say, the North Atlantic TreatyNYT - 655 words
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Article1033 1987-05-29 6 SWARAN KAPUR - Viewpoint By SWARAN KAPUR ARMS CONTROL EXPERTS* from the two superpowers have negotiated for years with insignificant success. And last October in Reykjavik, Ronald Reagan and Mikhail Gorbachev seemed headed for a historic arms control deal before things fizzled out. Meanwhile, last year, the world spent an1,033 words
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Page 6 Advertisements
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Advertisement90 1987-05-29 6 >*V mwea 'i "All work and no play makes Jill a dull girl" and dull people don't make it to the top of any heap. Lifestyle is of crucial importance for all executives who realise that a healthy mind works better in a healthy body. To help executives plan their90 words
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Page 6 Miscellaneous
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Miscellaneous702 1987-05-29 6 CRYPTIC PUZZLE ACROSS 4 Forename of that female's fellow (6) 7 One of those Australian bounders (8) 8 Try out a hat (6) 10 Speaks harshly of broken spars (5) 13 A down-to-earth part of Italy? (4) 14 That of the Wood family? (4) 15 A swinging source of musical702 words
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SPORTS
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Article, Illustration555 1987-05-29 7 Reuter FRENCH pride was high on Wednesday night after three of their players gained the scalps of third seed Stefan Edberg, 1986 finalist Mikael Pernfors and former women's champion Hana Mandlikova in the French Open tennis championships. Eric Winogradsky, a wild card entry rankedReuter - 555 words
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200 1987-05-29 7 AFP ENGLISH cricket star lan Botham is in hot water with the authorities again for writing a newspaper story about all-rounders headlined "I'm the greatest." However, the Test and County Cricket Board (TCCB) is not concerned about Botham s ego but the fact that theAFP - 200 words
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268 1987-05-29 7 AFP RENEWED rain had tournament director Patrice Clerc, referee Jacques Dorfmann and other leading Roland Garros officials reaching for their erasers in Paris on Wednesday to modify the playing programme for the 1987 French Open Tennis Championships. With the doubles scheduled toAFP - 268 words
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Article610 1987-05-29 7 AFP SUGAR RAY Leonard, who made one of boxing's most incredible comebacks to take the world middleweight title off Marvellous Marvin Hagler in April, will fight no longer. The 31-year-old, whose reputed earnings of US$55 million make him the highest paid boxer in history, saidAFP - 610 words
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344 1987-05-29 7 UPI FRANCE has shuffled the pack for its second round World Rugby Union Cup showdown with Romania at Athletic Park in Wellington yesterday. There are six changes from the side that somewhat fortuitously held the lion-hearted Scots to a draw at LancasterUPI - 344 words
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Article, Illustration520 1987-05-29 7 Reuter THOUSANDS of jubilant Portuguese took to the streets on Wednesday night to celebrate Porto's victory in the European Cup in Vienna, Portugal's first trophy in 25 years. Fans throughout the country drove though the streets honking their horns. In the northern city of Oporto, hundredsReuter - 520 words
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518 1987-05-29 7 AP TENNIS STARS unwilling to in the Olympics next year ar«Z. selfishly insulting the games ancf?* fail to understand the importance of opening the tournament to~* professionals, the head of the I International Tennis Federationssays. But. ITF president Philippe Chatrier adds,AP - 518 words
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Page 7 Miscellaneous
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Miscellaneous1115 1987-05-29 7 to IMb mm Burt Reynolds (above) plays an American millionaire living in London who is actually the world's greatest diamond thief. David Niven is the Scotland Yard inspector who wants to nail him. Lesley-Anne Down is the bait he uses. FRIDAY BACKGROUND 7.50pm, Channel 5 The May 14 coup that1,115 words
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INTERNATIONAL STOCKS
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Article257 1987-05-29 8 Reuter SMITH BARNEY INC. one of the best-known US financial services firms, has accepted a US$75O million takeover offer from Primerica Corp, formerly American Can company, according to Primerica. Primerica, since the divestiture of its container operations, is mainly involved in financial services and speciality retailing.Reuter - 257 words
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287 1987-05-29 8 Reuter BAT INDUSTRIES PLC, reporting a sharp rise in first quarter pre-tax profits, said yesterday that the results may not be a reliable guide to trends for the year as a whole but made for an encouraging start. The group said in a statementReuter - 287 words
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205 1987-05-29 8 WALL STREET inched lower on moderate volume on Wednesday despite an abundance of takeover rumours that sent a handful of stocks sharply higher. "It's a market where you are either playing the takeovers or you are not playing at all," said analyst Michael Metz205 words
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Article198 1987-05-29 8 Reuter PLESSEY CO PLC expects an improvement in the current financial year although most of it is expected in the latter half of the year. The group was commenting in a statement on its results for the 53 weeks to April 3 which showed aReuter - 198 words
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Article103 1987-05-29 8 MAY 27 Abitibi Ct 36% -M% Inco Int Prov Pipa 23 48 24 -K 37* Karr Addison 24% 16% 15 18% McMil Bldl 24% 33% 24% Ball Canada 41% 32% 22 28% 36 10% 37 34% Canadian Imp Bank. 21% 23% Pina Point 13 21% unch 17% 33% Cn103 words
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Article211 1987-05-29 8 Reuter Street has risen over 72 points, prompting some investors to believe that the sharp drop in stock prices last week was based on misperceptions about the threat of inflation. But a renewed rise in the Commodity Research Bureau's Futures Index kept uncertain investors on edge. "AfterReuter - 211 words
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Article654 1987-05-29 8 MAY 27 US Alcan Alumin Alcoa Aiieg Intt Allied Sig Allis-Chalmers Am Brands Inc Am Can Co Am Cyanamid Am Elac Pwr Am Expraaa Am Horn* Prod Am Motor* Cp A ma* Inc Amerada Haas Amoco Corp Amr Corp Armco Inc Asarco Inc Att Richfield Alt Avon Product*654 words
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Article886 1987-05-29 8 Amsterdam MAY XT FLS IABN 456 00 -16 87 00 06 Ahold 95 40 -5 9 ***** -•■0 5 147 90 AMEV 60 50 2 5 Amro Bank 73 40 -07 Ass Stad 126 00 -1 14 60 08 BOLS 157 50 2 Borsumij 125 -4 Buehrman Tetterode886 words
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Page 8 Advertisements
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Advertisement460 1987-05-29 8 ma S? N »> /Savour the /"Manhattan Splendour' A superb lunch experience with a grand variety of home made soups, the largest salad bar, fresh seafoods, succulent meats, savoury poultry and delightful desserts. A complimentary aperitif for all patrons. The Manhattan Splendour a superb choice at only $24.50*. 'Subject to460 words
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Advertisement203 1987-05-29 8 London stocks on Pags 11 I 111 Vl II THE SIZZLING I: ;ei 111 With the dynamic «l Melody Band from 5 the Philippines. 7 a-1 At The Lounge daily J except Sundays. Bpm— lam. with an extra hour on weekends and eve of public holidays. Happy Hours from 5-7pm203 words
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ASIAN STOCKS
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Article373 1987-05-29 9 HONGKONG: Prices closed steady yesterday in moderately active trading in the absence of fresh factors, brokers said. The Hang Seng Index closed 7.89 points higher at 2,950.81. The Hong Kong Index rose 5.80 to 1,902.92. Turnover was HK5819.70 million. Brokers said the market initially came under pressure on concern373 words
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Article271 1987-05-29 9 MAY n AM Sincere Indus Asia Cement Cathay Cons Chang Hwa Bank NT S 4 48 49 00 73 00 95 00 -0 02 -1 -35 1 -2 4 -1 -07 -1 5 Kuochan Dev Lee Chang Yuen Chem Indus Lien Hwa Indus Nan Ya Plas Pacific Cons 35271 words
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Article394 1987-05-29 9 TOKYO: Share prices slipped lower in heavy trade yesterday as a minor resurgence of concern over third world debt repayment led to a sell-off in financial shares. The market average lost 106.10 to 24,433.65 after moving in a narrow range all day. Declines barely led advances in turnover of394 words
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Article85 1987-05-29 9 MAY a PESOS MirttMl Ofiantal B 0036 0 001 Acoja Mining Anglo Phil Phil Ovarsaas .0 06 ■0 0025 Apax Mining B 0 048 -0 001 Philax B 050 046 Atlas Con. B 26 -2 Baguio Gold PLOT 430 -5 139 Basic Patrolaum 0 014 uncti San Migual B85 words
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Article472 1987-05-29 9 SYDNEY: Australian share markets closed weaker yesterday in thin trading, with continued heavy selling in the resource sectors dragging key indices down. Gold stocks once again took the brunt of the selling following further falls in bullion prices overnight and speculation the government may re-introduce plans for a gold472 words
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Article94 1987-05-29 9 MAY M VON ***** -1300 Kangwon Ind Kia Motor ***** ***** -500 -250 ***** -800 ***** -1300 1000 -70 2390 -50 ***** -600 Lucky LM 1414 4 Daishin Sacuritta* 3600 ***** -200 -600 Oriantal Brawary Oriantal Cham ***** ***** -100 uncti Dong Suh Stock 18S00 wx\ -700 •100 K«CIT»C94 words
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Article151 1987-05-29 9 Reuter BANGKOK: The Securities Exchange of Thailand Index was down 3.23 to 268.27 on a turnover of 1,365,288 shares worth 342.7 million baht. Reuter MAY a Saha Un<on 260 -4 Siam Camant 1023 -30 Ao Kham Thai Sum City Ayudhya Investment 296 -10 Camant 932 -16 Bangkok Aground 106Reuter - 151 words
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Article97 1987-05-29 9 Reuter JAPAN Air Lines yesterday reported its first annual profit since the 1985 crash of the one of its Boeing 747s in which 520 people died in the worst ever single aircraft disaster. The company, due to be privatised this autumn, announced current profits of 3.65Reuter - 97 words
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320 1987-05-29 9 Sharp appreciation of the yen blamed AFP NISSAN MOTOR CO, Japan s second largest car maker, suffered an operating loss of 8.44 billion yen (U5559.4 million) in the year ended March 31 due to the yen's sharp appreciation. In the preceding business year,AFP - 320 words
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277 1987-05-29 9 Reuter THE PHILIPPINE government is considering changes to the draft omnibus investment code after objections from the fiscal incentives review board and the finance department. Finance Secretary Jaime Ongpin said the major objection was to a clause allowing foreign companies to repatriate moneyReuter - 277 words
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198 1987-05-29 9 Reuter NEC CORP expects current profits to rise 24.3 per cent to 65 billion yen in the year ending March 31, 1988, despite continuing pressure from the strong yen and US trade friction. Managing director Kazuyoshi Akimoto said:"The year just ended wasReuter - 198 words
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Page 9 Advertisements
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Advertisement517 1987-05-29 9 ilia* W mm "s 3, Variety. With Quality. Our famous Nonya Buffet Lunch and sumptuous Buffet Dinner are great value for your money. Only $14++ per adult and $B++ per child for a delightful meal Or select your favourite dishes from our a la carte menu Lunn COFFEE HOUSE ApcX517 words
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Advertisement78 1987-05-29 9 'A£T>.7:/ Poking A Sichuan Restaurant lf HOKKIEN-PORRIDGE jgWS DINNER/SUPPER Buffet Style Choose from more than ffo 20 appetizing dishes. Eat all you can for only $7 Dinner/Supper Tkne: 7pm 3am L r>if yti.A'X i 10% service charg* A 3* government tax not included. Mftinuw/. jtmnn B V 19 Cairnhill Circle.78 words
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SHARE INFORMATION
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Article, Illustration4360 1987-05-29 10 THE SHARE MARKET moved higher yesterday putting an end to the string of mixed closes. The Straits Times Industrial Index rose 6.47 points to 1,220.17 and the BT Composite Index gained 8.29 points to 1,087.04. Gainers led losers by 121 to 59. Volume4,360 words
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Article260 1987-05-29 10 SINGAPORE Rises Indices May 28 Mar 27 Trona marco 505 19 8T Comport* 1078.75 1087.04 K I Kopong 318 1? 8TO8/OS 167 148 H tM mg Rn 438 18 8TCAO •5833 -5787 K*pp< Corpn 348 16 8T 10-doyMA -5848 •5833 FfU 50* 360 16 8TO8V *****3 *****5260 words
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Article4457 1987-05-29 10 810 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".4,457 words
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Article41 1987-05-29 10 INTRACO Limited: 18th AGM at 456 Alexandra Road #14-00, NOL Building, Singapore 0511 on Saturday. May 30. at 11.30am. JURONG ENGINEERING Limited: 16th AGM at Weetin Plaza. Minto Room, 4th Floor, 2 Stamford Road. Singapore 0617. tomorrow at 12.15pm.41 words
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Page 10 Advertisements
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Advertisement10 1987-05-29 10 KL market report, Business done on the KLSE, Page 1110 words
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COMPANY NEWS
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Article, Illustration681 1987-05-29 11 THE KUALA LUMPUR High Court has revealed that a group of 16 financial institutions seeking to remove four directors of Landmarks Holdings Bhd owns 41.13 million shares in the company. The Landmarks shares were pledged to them by the controlling shareholders of the company681 words
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304 1987-05-29 11 Reuter THE HONGKONG government is seeking public opinion on a new securities bill that would require major shareholders to disclose their interests in listed firms, according to Secretary for Monetary Affairs David Nendick. Under the proposed law, directors, senior executives andReuter - 304 words
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Article121 1987-05-29 11 HONGKONG Hongkong Index Thursday *****2 Wednesday 1897.12 Week ogo 1853 38 Hang Seng Index Thursday 2950 81 Wednesday 2942 92 Week ogo 2870 91 All Industrials Thursdoy Wednesday Week ogo NEW YORK Dow Jones Wednesday Tuesday Week ago 2531 6 ***** 2569 9 2295 81 2297 94 *****7121 words
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Article252 1987-05-29 11 Managers' prices MARA-Bumiputra for May 30 June 1 First B'putra 651 656 Singapore Unit Trust Second B'putra Third B'putra 591 473 595 478 The Commerce '10 1 IfFourth B'putro 542 547 The So» ngs Fund 095 101 Fifth B'putro 351 356 S pore Prog Fund 046 050 Sixth252 words
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Article908 1987-05-29 11 SHARE prices yesterday were mixed but with a firmer bias in low activity at the outset after Wednesday's falls, with sentiment helped by the latest opinion polls showing the ruling Conservative Party on course for a comfortable victory in the forthcoming June 11 general election. In the leading908 words
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446 1987-05-29 11 ELAINE KOH - By ELAINE KOH STOCKBROKERS yesterday received notice from the Stock Exchange of Singapore that a long talked-about change to the new settlement and delivery system is likely to be operative by July 1. Bye-laws bringing about that change are at present being drafted446 words
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Article, Illustration564 1987-05-29 11 JUNE LIM - By JUNE LIM AFTER FOUR YEARS of losses, Neptune Orient Lines is determined to make it back into the black this year. The national shipping line expects to post double digit profits this year on a turnover of more than $1 billion.564 words
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458 1987-05-29 11 SHARE prices were taken to higher ground on the Kuala Lumpur stock market yesterday ahead of the long break for the Hari Ray a holidays. Financial counters were especially strong, attracting bullish support. A few of the more recent well sought-after issues458 words
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Article2873 1987-05-29 11 BID and offer prices officially listed and business 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 Acmo I207B) Ajinomoto 1344« 1545) xd Alan Hlda I2,873 words
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Article, Illustration622 1987-05-29 12 LOH HUI YIN - Plans to use religious grouping as a united front By LOH HUI YIN HANDWRITTEN documents seized from Vincent Cheng proved that he had planned to use an umbrella religious grouping as a united front for the Marxist conspiracy. They also showed that Cheng intended to622 words
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548 1987-05-29 12 RICHARD SEAH - By RICHARD SEAH, Special Correspondent THE GOVERNMENT yesterday cited several instances when church publications were used by Vincent Cheng either to "propagate Marxist and leftist ideas in a subtle manner or to attack the very basis of Singapore's progress and security." Articles published548 words
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186 1987-05-29 12 Reuter TAIWAN'S efforts to narrow its huge trade surplus appear to be paying off, with a senior economic official predicting yesterday that the growth of imports would outstrip the growth of exports this year. But Yeh Wan-An, vice-chair-man of the Council forReuter - 186 words
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317 1987-05-29 12 THE CATHOLIC CHURCH yesterday affirmed both its opposition to Marxism and Communism as well as its continued involvement in social, economic and political issues. A statement issued after a four-hour meeting led by Archbishop Monsignor Gregory Yong, and attended by317 words
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Article125 1987-05-29 12 Reuter BANK NEGARA is seeking government approval to form a special bank to help make refunds to depositors in 13 troubled de-posit-taking cooperatives, according to Malaysian sources. The proposal calls for about Msl.s billion in government loans at 2 per cent interest so that theReuter - 125 words
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Article86 1987-05-29 12 Reuter COMEX gold futures reached new highs yesterday on further shortcovering at mid-day as the market continued to rise from the five-week lows set on Tuesday. Spot June gold was ahead by US$4.5O at U*****.00 an ounce after penetrating Wednesday's high of U*****.4. The August de-Reuter - 86 words
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Article65 1987-05-29 12 Reuter WALL STREET stocks were mixed in moderate trading early yesterday. Lingering concern over inflation and interest rates, underscored by continued sluggishness in the bond market and rising precious metal prices, kept investors hesitant to enter the market, traders said. The Dow Jones Industrial Average slid anotherReuter - 65 words
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216 1987-05-29 12 Reuter JAPANESE INVESTMENT overseas almost doubled in the last financial year to a record U5522.32 billion, the government said yesterday. Japanese were encouraged to invest abroad because of the yen's rise against the dollar and in hopes of circumventing mounting trade problems with otherReuter - 216 words
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220 1987-05-29 12 Reuter JAPAN will unveil a US$35 billion emergency package today aimed at pumping up its economy and appeasing the US. Prime Minister Nakasone will carry the package to next month's economic summit in Venice in an effort to head off further attacks on hisReuter - 220 words
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410 1987-05-29 12 MARGARET THOMAS - By MARGARET THOMAS IT WAS THE aggressive entrepreneurial approach and global outlook of Italy's businessmen that encouraged Singapore to seek closer ties with them, the Trade and Industry Minister, BrigadierGeneral (Reservist) Lee Hsien Loong, told a gathering ot top Italian business representatives on Wednesday. A410 words
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LATE FILE
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Article40 1987-05-29 12 Bernama ES INVESTMENT in Thailand roM for the first four months this year compared with a year ago. The Board of Investment said yesterday that during the January-April period. applications for 265 projects had been received.Bernama ES - 40 words
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Article36 1987-05-29 12 AP THE Korea Association of Advertising Agencies yesterday urged the government to delay the opening of the country's advertising market to foreign agencies at least until the early 1990 a. APAP - 36 words
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Article63 1987-05-29 12 AFP A MAJOR Philippine bank closed by the government yesterday accused Central Bank governor Jose Fernandez of plotting to destroy the bank and called for graft charges to be filed against the official. Manila Banking Corp said in a complaint filed with the Ombudsman's officeAFP - 63 words
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Article34 1987-05-29 12 AP THE US and New Zealand have suspended aid to Fiji to protest against the military overthrow of the elected government, officials of both countriee announced yesterday. APAP - 34 words
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Article47 1987-05-29 12 Reuter ONE of the Philippines' most successful industrialists, whose business was seized because of his ties with Ferdinand Marcos, wants to return from California to clear his name. Eduardo Cojuangco told Manila's Business Day yesterday that his return was up to Corazon Aquino.Reuter - 47 words
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Article45 1987-05-29 12 AP AMERICAN Assistant Secretary of State Gaston Sigur yesterday urged South and North Korea to resume their suspended talks, and expressed hope that the two sides would be able to share the staging of events in the 1968 Olympics. APAP - 45 words
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36 1987-05-29 12 Reuter NEW DELHI yesterday terminated a controversial agreement with a US-based company said to have been hired to investigate illegal funds held abroad by Indians, the Press Trust of India reported. RenterReuter - 36 words
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Article38 1987-05-29 12 Reuter THE Chinese Communist Party yesterday declared an end to a clean-up of its ranks, which began in 1963, but a veteran Politburo conservative admitted the campaign had been a partial failure. ReuterReuter - 38 words
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Page 12 Advertisements
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Advertisement217 1987-05-29 12 Those long, cool cats of the baize Pleasure In a back-bending sport "WOMEN LOVE to see men bend over a table.'* Primitive psychology? Judge for yourself in tomorrow's Executive Lifestyle section. The statement is in reference to the cool cats of the baize, those cue-wielding players who so coolly aim217 words
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Advertisement129 1987-05-29 12 you owe it to yourself.. m I Your family's happiness in Singapore will be determined by the environment in which they live. That's why you owe it to yourself to check out Ardmore Park School buses call at the gate... there is aerobics, squash, tennis, swimming, chip and putt and129 words
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Page 12 Miscellaneous
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Miscellaneous9 1987-05-29 12 wmm < M awia MMMM s* 'w*H 3 |j wMpMnr#*iQ9 words
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SHIPPING TIMES
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Article, Illustration297 1987-05-29 13 SHAHRIR ARIFF - By SHAHRIR ARIFF NEDLLOYD has rationalised its South America service in order to offer better transit time for shippers to Ecuador, Peru and Chile. Nedlloyd's South America service used to take 55 days, but this is now shortened to 38 or297 words
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158 1987-05-29 13 THE HONGKONG operations of United States Lines have been ordered to be wound up by the Hongkong High Court. South China Morning Post reported that the winding-up order was handed down on Monday in response to an employees petition filed in March.158 words
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126 1987-05-29 13 AFP THE SOVIET UNION has decided to join a 15-year-old international convention setting up a fund for compensating damage caused by oil pollution, Tass news agency reported. The agency on Wednesday said the Soviet Union was joining the convention adopted on Dec 18, 1971, underAFP - 126 words
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PORTSIDES
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91 1987-05-29 13 Reuter THE BROKEN HILL Pty Co Ltd (BHP) said it planned to consolidate its global transport service activities within its BHP Transport division. The operations of Utah International Inc's marine department would be integrated with those of BHP Transport through the transfer of its SanReuter - 91 words
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Article75 1987-05-29 13 LITTON INDUSTRIES said its Ingalls Shipbuilding division won a U*****.1 million contract to participate in the programme to build the Arleigh Burke class of Aegis guided missile destroyers. The company said the contract is for Ingalls to build DDG-52, the second ship in a programme that will75 words
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Article77 1987-05-29 13 Reuter AGRO-TECH CORP, a privately held company teaming with Westinghouse Electric Corp (WX) and Martin Marietta Corp, said it won a contract worth US$l billion from the US Navy. A company spokesman was uncertain about the total value of the contract, but said the companyReuter - 77 words
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802 1987-05-29 14 NYT THE SALVAGING of the 18thcentury British warship Debraak effectively "mutilated" the hull and has denied archeologists valuable data on life aboard the legendary ship, a leading preservationist has charged. J Jackson Walter, the president of the National Trust for HistoricNYT - 802 words
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597 1987-05-29 14 Reuter TWO IRANIAN high-speed launches bristling with gunmen roared across the flat, gun-grey waters of the northern Gulf towards the big tanker steaming north near the Saudi Arabian coast. The crew of the tanker just had time to take cover deep in the bowelsReuter - 597 words
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185 1987-05-29 14 Reuter THREE OF FIVE United States warships patrolling the Mid-East Gulf to protect freedom of navigation lack a rapid-fire Phalanx gun that could protect them against Exocet missiles, according to the US Defence Department. "Three destroyers do not have it," a PentagonReuter - 185 words
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Article944 1987-05-29 14 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Ahrenfciel liner XI 1 Afnco Ocean XII 2 Alltrons VII 3 AC Toepfer IX 5 Anro Service IV 2/3 Arrow line* XII 3 Atlas line X 3 ANl 1 1/2 A PC line V 4944 words
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Article223 1987-05-29 14 Reuter KUWAITI divers are inspecting the damage to a Liberian-flag supertanker, believed to be the second vessel in 12 days to have hit a sea-mine after loading oil in the Emirate, Gulf-based shipping sources said. The 276,424 dwt Primrose was holed in the hull 50 milesReuter - 223 words
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Article1138 1987-05-29 14 BUSINESS remained sluggish on the London shipping freights market on Wednesday, with holidays this week in Europe and the United States. Some slightly weaker rates were reported; for example, the US$l6 paid by Cargill for prompt loading of 45,000 tons of barley from the US North Pacific to1,138 words
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Article173 1987-05-29 15 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line173 words
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165 1987-05-29 15 AP THE BRITISH ferry that capsized on March 6 off the Belgian coast, killing nearly 200 people, is being sold to a West German company and may be refitted for service. Townsend Thoresen, which owns the Herald of Free Enterprise, would notAP - 165 words
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369 1987-05-29 15 JAPAN'S largest shipping firms, hit by the yen's rise and strong competition in fiscal 1986, suffered their worst business results since the nation's shipping industry was restructured in 1964, Japanese company officials said on Wednesday. Net loss incurred by369 words
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322 1987-05-29 15 AP SHIPYARD workers and police battled for the third consecutive day on Wednesday at a Spanish southern port, Spanish national radio said. Officials said the clashes in Puerto Real injured 14 people. Other labour unrest involved coal miners inAP - 322 words
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Article138 1987-05-29 15 MAJOR United States supply boat operator. Tidewater, saw losses more than triple in its financial year to March 31, 1987. After provision for preferred dividends, net losses amounted to U5556.7 million, or U552.62 per common share, against US$lB.6 million or US$l.25 a year ago, Lloyd's List138 words
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251 1987-05-29 15 Lloyd's List THE WEST GERMAN parliament has approved the increase in newbuilding assistance from 12.5 per cent to 20 per cent per newbuilding. This is to apply to domestic as well as to export orders. The Association of the German Shipbuilding industryLloyd's List - 251 words
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Article189 1987-05-29 15 Reuter WORLD LAID-UP tanker tonnage rose to 15.64 million tonnes dw at May 1 from 15.32 million in April, Lloyd's of London Press said. The number of vessels laid up in the tanker sector is unchanged at 165, including 38 very large crude carriersReuter - 189 words
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9099 1987-05-29 20 §®aBG)(IEB 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 of9,099 words
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Article1936 1987-05-29 22 Who acts for whom A—P AB Shipping Bouataad Shpg Agenciee ABC Conttinerline NV Spore Shpg (S) Accord Shpg Accord Shpg (S) Africa Ocean Linee Sealion Shpg (S) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanua Shipping Agenciee 1 (S) Mult)port Sdn Bhd (PK) I All trans Alltrans Express I1,936 words
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Article770 1987-05-29 23 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Location Ship Voy date/time Operator cargo schedule Lompung Zim S'pore 2I287N 18E 29 0587 30 05.87 1900 0500 Heap Seng Star Shpg F7 F7 1100-1100 2000-2100 C4 N2 E2 C2 R4 C4 E4770 words
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Article412 1987-05-29 23 AT CONVENTIONAL WHARVES VmmI Berth Arrival Dapariura KEPPEL WHARVES CS Ocean K32 alongside 29 05/2300 Caly K35 alongside 0206/0600 Egda KI5 alongside 29 05/2359 Irimawa K28 alongside 2905/1500 Jiang men K29 alongside 01 06/2300 lucky Star K21 alongside 29 05/1830 Mataram KI8 alongside 3005/1500 Selangor E K30412 words
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293 1987-05-29 24 KINGSLEY WOOD - By KINGSLEY WOOD IF AUSTRALIAN flag shipping could achieve a flexible operating structure, establish a reputation as a reliable provider of shipping services and offer internationally competitive freight rates, then it would succeed, MIM Holdings Ltd chairman Sir Bruce Wilson. But if the government's293 words
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Article, Illustration253 1987-05-29 24 AN AUSTRALIAN investment company, Grabler and Company, is building an Asls million four-mast ocean sailing ship for well-heeled voyagers. The vessel, a traditional style barque, will be based in Adelaide, capital of South Australia, and will have luxury accommodation for 136 holiday-makers. They will253 words
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Article375 1987-05-29 24 June 1-2 A two-day international conference, sponsored by the Journal Cargo Claims Analysis, Crude Oil Shortage Claims to be held at Waldorf, London. Eight leading experts on oil measurement, loss control claims, insurance surveying, litigation and arbitration will delivery presentations on the problems and issues which can arise.375 words
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216 1987-05-29 24 Reuter STRIKING businessmen in Bombay pledged to continue a stoppage in Maharashtra in spite of a conciliatory move by state authorities, an Indian spokesman said. Traders and truck operators brought business in the state, which includes India's commercial capital Bombay,Reuter - 216 words
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Page 13 Advertisements
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Advertisement752 1987-05-29 13 yi v How S.E. Asia upset the logical West HILARIOUS. TRAGIC. DANGEROUS Available at all Good Bookshops STP Distributors 2 Jwong Roma OOCL WW Orient Oveiqeas Lime I Jardines Td 221X111 TELEX NO RS 2(179 TERMINAL/CFS Td *****11 220 BOOKINGS Td *****34 23S FESAKA JARO4NE SHIPPING AGEJ«CIK^J»«D_ POUT KELANG TEL752 words
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Advertisement122 1987-05-29 13 [KMDB THE SALVAGING of the 1 Bth-century British warship Debraak effectively "mutilated" the hull and has denied archeologists valuable data on life aboard the legendary ship. Page II JAPAN'S largest shipping firms, hit by the yen's rise and strong competition in fiscal 1986, suffered their worst business results since the122 words
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Advertisement1257 1987-05-29 13 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Emma Harte is A WOMAN OF SUBSTANCE But what is lhe prior she has paid? Available at all good bookshops MAERSK LINE EAST AFRICA SERVICE FAST TRANSIT SIN/MOMBASA 20 DAYS SIN/DAR ES SALAAM 18 DAYS Voy S'pora Thtt week Anna M1,257 words
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Page 14 Advertisements
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Advertisement344 1987-05-29 14 EUROPE/FAR EAST CONVENTIONAL SERVICE VSL SOCRATES HERUVIM TBN TBN PT of LOG. Luback-Hambur| Baltic Port-Hamburg-Antwerp Bremen-Hamburg PT. KLANG IA UP BP 2W Further load/ discharging ports en route subject to sufficient inducement. Singapore Office: MTM S pore. Tel: *****00 Tlx: RS ***** MTMSEA. Fax: *****45. TEL: 03-*****50 Malaysia son. bhd.344 words
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Advertisement17 1987-05-29 14 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.17 words
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Advertisement350 1987-05-29 14 SENATOR LINIE NEWSHtP > AGENCIES PTE. LTD II CAN PEN TED ST. S port 0105 TEL: 534 1477 FAX. 532-6023 OUTBOUND TO NORTH AMERICA LOAOtNC DATES EQIEZ3I rr« EF 70S I 04.07 01.07 U. 07 14.07 ACCEPTING CARGO TO SAN FRANCISCO, LOS ANGELES, SAVANNAH. TAMPA, CHARLESTON. MIAMI, YORK. OTHER DEST350 words
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Page 15 Advertisements
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Advertisement747 1987-05-29 15 The Straits Steamship Group Mansfield Container Shipping PteLtd ncrvrtr P&O Containers Limited STRAITS SHIPPING Slnaioora to Sabah Sarawak Brunei Ports and Bangkok MJI'.'IU l j aAV>il/ill.:fiK»:;ii; a; PEGASUS PRIOC v«m pecasus prim mm BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 A] jo Accepting Cargo For: RottviM ftp Afltwp, Aawtardaai. Odi747 words
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Advertisement630 1987-05-29 15 IHI C SAV Corrpjrvj Sud Amcr.cjnn cV I jocrcs S A Cfr.'.in < DIRECT SERVICE TO/FMM CHIU FEEDER VESSEL IS'POtEI HMI VESSEL M ARICA KJQ ANTOf VALP SAI KURAMA BAKU 1/1 DELAWARE CLOUT 14A W M M 11* 140 KNAVON M DELAWARE GLORY 14* i* I* M 114 14/1 A630 words
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Advertisement144 1987-05-29 15 CHARGEURS RE UN IS k-: (MED CLUB MEMBER) TO MEDITERRANEAN SHIPPING COMPANY S.A. SWITZERLAND TBR *Sl 9* TBM VSL 11/t tw vs. an FIXED DAY MEEKLY DEPARTURE SiNT.APORf f NQUIPif S CFS *****41 ffii 2?SS* C > a ax 6INA 1/7 MEE MAY 15/7 AURORA 2J/7 WEDNESDAY) FROM FELIXSTOWE TO144 words
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Page 16 Advertisements
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Advertisement266 1987-05-29 16 Be Hapag-Lloyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONV'SEMI-CONTAINER SERVICE TO EUROPE CONV/SEMI-CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK/CONTINENT nTiTT7ITTi SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MA ***** ACCEPTING CARGOES FOR THE FOLLOWING PORTS LCL/FCL LOADING FOR AUSTRALIA SYD,266 words
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Advertisement709 1987-05-29 16 *JuH» ItG.S.LINE iimA CIW'I* FULLY CONTAINERISED SERVICE TO EUROPE VIA SUEZ 1 Mfmbff ol tht ConM,ftMn BAY BRIDCE ISW 3/6 22 6 LION GATES BRIDCE 52W 10/6 29,6 ORIENTAL CHIEF 54W 17/6 6/7 KOREAN JACEJIN 39* 24 6 13/7 CHINA CONTAINER 40W 1/7 20/7 NEPTUNE CRYSTAL 40W J/7 27/7 S709 words
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Advertisement399 1987-05-29 16 K&S LINE JAPAN/HONG KONG/STRAITS SERVICt SANKYO LINE (S) PTE LTD. 143 Ctci Street #10 04 G8 Burfdmf S porr 0106 IH *****55 Port KHanj Itta P*u Sh*>p«it Sdn Bhd Id 03 *****24/5 Pfr.inj Mjljvsu Inde I Hransport ltd IH 04 *****3 Paw uodmt S)«ppei( jencm Sdn Bhd Tel 07 *****0399 words
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Advertisement1108 1987-05-29 16 m hEA EVERGREEN "1 Full Container Sialic Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) US WEST COAST OUTBOUND INBOUND feedervsl uu sn m m EVE* VALUE 7/5 1/5 EVE* CROUP tfi 7/S EVER VMM 14/5 I*l EVE* OVEN W! lifl 1«! EVER VITAL M nil SIS EVE* GUEST nji1,108 words
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Page 17 Advertisements
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Advertisement862 1987-05-29 17 SHIPPING TIMES, Friday, May 29, 1987 PACIFIC INTERNATIONAL LINES \\p\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHfT OOWA KOTA SINOA VESSEL SEA ORAQON SEA ORAOON OOWA SCA ORAOOM SIN JKT SBY SIN HKO slo mrr 3i/« sjs 7/6 tit 11/6 1«862 words
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Advertisement623 1987-05-29 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT R HAVEN ROAM HAVRE EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANG AND EAST MALAYSIAN PORTS IKJJEBSEN LINE NEW ZEALAND FUI AMI SOUTH PAPUA I PACIFIC MOUNT HEALTHY VI SIN PORT MORESBY 1111/6 a* SURENCS m SIN MKNKA623 words
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Advertisement656 1987-05-29 17 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA HOT# P.T. (EMM LLOYD SAMUDEM INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE ANTWERP BILBAO BREMEN A DAM/R DAM H BURG m 1/7 -WWw an np v* -6/1 9/1 13/1 Sublet to Inducement A too accepting cargo to Caaablanca,656 words
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Advertisement425 1987-05-29 17 BOUSTEAD SHIPPING AGENCIES m PA AN VUIW SITTWAY V3OEB *MACWE PAGAN VII «W Loadinf for Europe BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangk S'pore P. vixm»y i/t June 7/9 June 10/13 June BANK LINE NORTHBOUND TO UKC SPO CLYDEBANK V2ON 7/6 TAMAITAI425 words
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Page 18 Advertisements
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Advertisement1205 1987-05-29 18 LL V K"UnE SHIPPIfIG-DflTft yftTLflnTkC CDfIST (Round-The-World Service) PACIFIC SOUTH-WEST FEEDER VSL SP MOTHER VSL N. JADE V 7 29 May MANHATTAN 0. FAIR V 3 RAINBOW BRIDGE V 7 MOTHER VSL LA/LB MANHATTAN BRIDGE V? 21 Jun HENRY HUDSON BRIDGE V 428 Jun MACKINAC BRIDGE V 6 S Jul1,205 words
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Advertisement682 1987-05-29 18 ltd* PAHar* STECLIPPIR ¥.14 9 lunt ALABAR V 35 1) junt STECLIPPCR V.IS 14 July AUBAR V 36 25 July AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL CoMMwi IMb Frtm Sydn Alio Aoapi 21 Junt 7 July 5 July Adti'Bru 11 iuty 20 July 16 July Adal/Bra X July I Auf682 words
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Advertisement850 1987-05-29 18 tTTc-, GOLDEN LINE MK Qi GUAN GUAN SHIPPING (PTE) LTD V 23. T<M Ayr Stmt TtP* 4 SMUifOK »1M TU S34JIM (II l*S) RA TS PERSIAN GULF SERVICE: Sport PKatomPana DEN HARVEST CotomDo/Karachi/Vina Qabooi/Dubai 3 Juna OCN HAVEN Cotombo/Karachi/MineatißiOrain 14/15 Juna— CHINA SERVICE DAI VUN SHAW Hgafcag/S>g»g g Jun CHINA850 words
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Advertisement395 1987-05-29 18 I'G PHIL IJ RON SHIPPING AGENCIES PTE L ID PHIL I ORIENT LINES PTE I ID HMD OMICf 63 ROBINSON ROAD *0/ AERO ASIA BUIIWNG SINGAPORf 3106 HI ??356?7 ??38?69 <8 lltfSi mri RS ?«7?o PHiit lA> ??5S€ 76 MIDDLE EAST/FAR EAST FCL LCL SERVICE VESSEL ETA SINGAPORE EAST/WEST AFRICA/MED395 words
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Page 19 Advertisements
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Advertisement890 1987-05-29 19 NEPTUNE AGENCIES PTE LTD ft T^*', StA Terminal CFS BOOKINGS V* *****22 *****53 *****19 *****16 *****11 *****41 NEPTUNE ORIENT LINES LTD NEPLINE SON BHD 3UMS7 NEPLINE SDN. BHD. *****33 NEPLINE SDN BHD. »*****/627M0ft*****/627t62 NEPLINE SDN. BHD 23®40/23»41 INWARD/OUTWARD ENQUIRIES *****44 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a <* ace Consortium TO890 words
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Advertisement469 1987-05-29 19 *9 OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG. PENANG, BUSAN, INCHON VMMI'I Njitx No I Donam/704N No 6 Donam/706N No oonjm7o4N M. EntarpriM/711N No 7 Donjm/705N No I Donjm/705N No 6 Donam/707N No S Doojm 705N P Kelang Buun oral Survey it Gotten 7 Donam469 words
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Advertisement598 1987-05-29 19 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 PENANG M/S HANDLING SYSTEM CO SON BHD MESSRS MAI THONG SHIPPING 127 PanangStraat Malaysa Z598 words
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Advertisement26 1987-05-29 19 FERI MALAYSIA SDN. BHD. RORO CONTAINER PAIIF TIStD HUKIY SFRVICF 10 KUANI AN KUCHING K KINARAIU ALSO ACCEPTING SELF DRIVEN HEAVY VEHICLES ■]1 a UK a26 words
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Page 20 Advertisements
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Advertisement447 1987-05-29 20 SINGAPORE SHIPPING CORPN.tPTE) LTD. TEL. 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD VEB DEUTF RACHT/SEEREEDEREI ROSTOCK FORTNIGHTLY FULL CONTAINER SERVICE I'' l li'-" '.^i 1 JB lim p •VIA COLOMK) Accepting cargo lor INDIA Bombay, Cochin Madras; EAST AFRICA DarEs-Salaam, Mombasa Mogadishu -VIA LARNACA447 words
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Page 21 Advertisements
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Advertisement282 1987-05-29 21 CALL US AT: P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8, *****8, *****5 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FEEDER B. BUTANC 347 B. BUTANC 34 B. BUTANC 3SI P.KELANC MTHR VSL KORRICAN 171 P SUNSHINE 1M282 words
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Advertisement363 1987-05-29 21 MN CONTAINER LINE ■ISA 31/5 TO: LA/LB, OAK/SF, N.YORK 7/6 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/I PI TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO; DAKAR, CONAKRY 10|6 ABIDJAN, LOME rn rn CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE. LUANDA ACCEPTING LCL/FCL TO:door to door delivery:- to Kota363 words
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Page 22 Advertisements
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Advertisement245 1987-05-29 22 FROM: EUROPE (EAST-BOUND) n LMR SERVICE TO: EUROPE (WESTBOUND) SUNSHIP AGENCIES PTE LTD 20 McCaMwn SfrMt #16-01/03 Ada Otomban, Singapore 010* *****22 (7 h«) f Fox: *****05 KIE QWAN SHIPPING (M) SDN BHD. P. Katangi *****22, 36*9162 MALAYSIA TRADE ft TRANSPORT CO SON BHO fanangi *****3 (4 kwi) Sindbad Lines245 words
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Advertisement477 1987-05-29 22 FINE LINER SHIPPING PTE LTD Im9\ TEL *****77 Lines) TLX RS ***** FLINER U EUROPE SERVICE 70 Shenton Way. 04 02C Marina House, S pore 0207 i I j .u':.;inu>»n'. IT 7T7-nnF JM Z2A OH JM 1/7 z \s 3 jh FAR EAST SERVICE AUSTRALIA SERVICE A VtSttL L* M477 words
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Advertisement566 1987-05-29 22 ZIM FULL CONTAINER SERVICE accepting FCL/LCL careoes to USA East i West Coast, Carribboan.East Canada, HAITI, Port Au Spain, Barbadoe N. ST LUCIA. vhiMif.ni.'i^TnriTrT ZIM SPORE ZIM BRISBANE 29.617 9717 11.717 1717 9.717 11.7J 17.717 Z3717 ACCEPTING CAMO TO ADELAIDE VIA MELBOURNE AND ALSO FCL TO 6UAM ZIM HUT CONTAINER566 words
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Advertisement486 1987-05-29 22 4 COMPANIA PERUANA 1 4 DE VAPORES f "PERUVIAN STATE LINE" 9 A- Loadinj tw Callao. Matanm. 110 and all othtr Peruvian ports wtti transhipmwt at 9' 5| Kobe On CPV Througti B«IH of Ladinf to final destination 1^ Penan** P. Kelang Singapore H ■URRAYEVERETT 7/1 Jun C THOMASEVERETT 20/21486 words
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Page 23 Advertisements
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Advertisement236 1987-05-29 23 Hamburg West Germany Tiger Line Common Carrier Feeder Services PftELUDE PRELUDE PftELUDE VOY SINGAPORE CALCUTTA MADRAS 019 01-01 JUN 07-10 JUN 13-13 JUN 020 19-19 JUN 25-27 JUN 30 JUN-1 JUL 021 07-07 JUL 13-15 JUL U-19 JUL Common Carrier Feeder Service For Main Line Operators Only. Agents: C.F. Sharp236 words
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Advertisement241 1987-05-29 23 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: Etd. S'POREEtd. PKLG SHANTOU, GUANGZHOU HUANGPU, XIAMEN WEEKLY HAIKOU, ZHANJIANG "J"' XINGANG, QINGDAO SAILINGS SHANGHAI OTHER PORTS MMVe MPfKB PTI LTD muas FOfmtAM* rL- tSTIK/ •crvices t/s. CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOUIS AUSTRALIA m wmi (MEMBER OF THE241 words
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Advertisement260 1987-05-29 23 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE JAKARTA SINGAPORE JAKARTA 90/05 30/05 01/06 03/06 VESSEL VOY SINGAPORE RATU 10/11 30/05 30/05 KONSORTIUM 12/13 05/06 06/06 08/06 10/06 14/15 12/06 13/06 15/06 17/06 16/17 19/06 20/06 22/06 24/06 PRABHAKTI 64/65 In Port 01/06 03/06 06/06 66/67 08/06 09/06 11/06 13/06 68/69260 words
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Advertisement564 1987-05-29 23 03 COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT VESSELS VILLI DE MARS VILLE OE MERCURt Alm Ktaptmf carfo to *11 U.K. FELIXSTOWE I ROTTERDAM ANTWERP I I a* Scandinavian (Airhui C Cepenhafwi. Gothof*ur|) and othof European Inland potnts OUTBOUND TO MEDITERRANEAN564 words
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Advertisement442 1987-05-29 23 P M LINE CONVENTIONAL LINER SERVICE JAP AN/STRAITS/JAPAN EXPORT POMEX PIONEER 12* Stnfaport P.Ktlani Pan Jum 7/1 Junt 1/10 POMEX SAGA ISS Jun* M Cargo will occept to Jopon Porn including heovy corgo lmo» SO K/TI to corgo inducement All pon<ulari pease apply 'o POMEX MAYA SDN BHD Tele. MA33SI*442 words
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Page 24 Advertisements
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Advertisement342 1987-05-29 24 FARGO SHIPPING COMPANY (PTE) LTD. REGULAR EXPRESS FULL CONTAINER AND LCL-&WVICE INBOUND AGENT FOR ABC CONTAINERIZE From USA/Canada/Europe/Mediterranean 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78 CFS (Export) EAL Tel: *****49 SHAW LINE LTD GENERAL AGENTS EWG SHIPPING (S) PTE LTD REGULAR342 words
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Advertisement326 1987-05-29 24 A hue a OctA* Li*ts Lid. irfrai ACCEPTING FCL/LCL ft BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL ETA SPORE M/V PERGAMOS 28/5 TBN 29/6 M/V EKESOS 6/8 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEM-CONTAJNER SERVICE TO326 words
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Advertisement119 1987-05-29 24 Arrow LinM fS'PORE/COLOMBQ/S. AFRICA VSL S PORE COLOMBO DURBAN CAPETOWN ARROW PRINCE 12A 7/6 12/6 30/6 8/7 ARROW KING 16A 24/6 29/6 13/7 22/7 Maputo call subject to inducement S'PORE/BENGAL/E. AFRICA VSL S PORE CHITTAGONG CHALNA E. AFRICAN PORTS ARROW QUEEN/2 13/7 18/7 20/7 2-8/8 ARROW DUKE/2 26/7 1/8 3/8119 words
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Advertisement468 1987-05-29 24 MOL Mitsui O.S.K. Lines. Ltd FULL CONTAINER UK/CONTINENT (TRIO) JEDDAH liverpool BAT rhine «uu eta s we a Jun 4 M ETA JEDOAH 2 Jul M Jul USA (WEST COAST)/CANADA TO PSW (CCB SERVICE) MEDITERRANEAN (MED CLUB)* Singapore P. Kaianf ('Mi H'Millaa Gam* Trwrto C R KOBE 4 Jun 5468 words
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Page 24 Miscellaneous
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Miscellaneous172 1987-05-29 24 Regional Weather r® i M. s Si i; 'Z, s sC! a kx > 51*1 ■"j' si A*i 01 Jk yVi. •> x: •i^K SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. C cf i Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C172 words
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