The Business Times, 9 June 1987
1987-06-09
1
26
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The Business Times
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Title Section12 1987-06-09 1 BUSINESS TIMES M.C. (P) No. 112/12/86 TUESDAY, JUNE 9, 1987 75 CENTS12 words
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Article, Illustration228 1987-06-09 1 STOCK MARKET SHARE prices yssterday closed mixed in active trading aa sellers emerged to take profit in the late morning and afternoon. The ST Industrial Index fell 2.71 points to close at 1,241.00 while the BT Composite Index gained 3.08 points to 1112.13. Turnover hit a new228 words
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627 1987-06-09 1 CHARLES SAVAGE - US company expects sharp rise in sales by local subsidiary By CHARLES SAVAGE TANDON Corporation of the United States has done what has become familiar news: it has centralised its production of computers and disk drives in Singapore. The shift in production coincides with627 words
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283 1987-06-09 1 Reuter MEMBERS of the Indonesian Democracy Party petitioned the party chairman yeeterday to file a formal protest about alleged fraud in the April elections. Peter Engel, representing the petitioners, told reporters in Jakarta that the party leaders should not have endorsed final resultsReuter - 283 words
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Article, Illustration179 1987-06-09 1 PREMIER Yu Kuo-hwa arrived from Taiwan yaatarday for a five-day viait aa tha guast of Prima Minister Lee Kuan Yew. Mr Yu (mm lacing PM L—y, here to promote goodwill and commercial relations between Singapore and Taiwan, attended a dinner at the Istana laat179 words
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179 1987-06-09 1 Reuter TOKYO STOCKS climbed to record levels yesterday while the dollar slipped, but dealers cautioned against reading too much into either movement. They ascribed the rally to such exotica as the impact of the hot weather on beer consumption, while the dollar's weakness wssReuter - 179 words
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Article58 1987-06-09 1 A SHRINKING regional timber market coinciding with a dip in construction projects hit heavy equipment companies hard in 1983. In spite of this, most companies retained their faith in Singapore as their logistic base and sales, or at least, representative, office. Now, equipment companies are nearing58 words
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523 1987-06-09 1 Reuter ONE OF CHINA'S most flamboyant politicians made an ambitious appeal to the world yesterday to provide US$l billion in loans and investment to change the face of the city of which he is mayor. Li Ruihan, mayor of the eastemReuter - 523 words
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Article, Illustration418 1987-06-09 1 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI TEMASEK HOLDINGS Pte Ltd disclosed yesterday that it had successfully placed out $60 million worth of Sembawang Shipyard shares. The placement was carried out last Friday through the stockbroking subsidiaries of the Big Four local banks and covered the sale418 words
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106 1987-06-09 1 AP THE SOUTH KOREAN won jumped by a one-day record 2.2 won yesterday, reaching 819 to UBsl, Its higtwet level ever, the Bank of Korea eaid. The central bank said that the won, which cloeed on Saturday at 821.2 to US$l, had now risenAP - 106 words
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Page 1 Advertisements
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Advertisement134 1987-06-09 1 Mikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Mi report, Pag* 13 Aatan stocks, Pags 11 a rrsA COMPUTER SCREEN. ITS A TV. MONITOR ITS WORRY FREE UNTIL THE END OF 1990!" "IT'S A SONY!" r V'E«>y GU3R/JN, Tfe -,x-KX-14CP1 Computer graphics. Video Movies or TV have never looked finer! Sony's Super134 words
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Advertisement312 1987-06-09 1 8m Pagt 8 SHAME MFOftMATION MONEY EXCHANGES 00—— AIRCRAFT SCHEDULE CROSSWORDS TV! RADIO THE CURRENT time-scale wage structure explains why older retrenched workers have greater difficulty finding new jobs than their younger counterparts. But with the trend towards flexible wages based on profitability, the length of service will play a312 words
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Advertisement43 1987-06-09 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Shipping Times comet at a separate taction today. Maka aura you gat your copy. BOUTIQUES ky mu/t* de Cartier #01 -36, Lucky Plaza, 304 Orchard Road Tel: *****27. #01-04, Htfton Shopping GaAery, 581 Orchard Road. Tel: *****95.43 words
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HOME NEWS
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Article, Illustration495 1987-06-09 2 ANNA TEO - By ANNA TEO FRIENDS back home dubbed him Mr Kaizen for his leading role in promoting the Japanese business philosophy. But the distinction seemed lost for a moment when Mr Masaaki ("Kaizen") Imai found, in a telephone directory in America, several people with495 words
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168 1987-06-09 2 AN IRISH trade team is expected in Singapore this Saturday. The 30-member delegation, representing 23 Irish companies, will be led by the Irish Minister for Trade and Marketing, Mr Seamus Brennan T 0. Mission members repreeent companies dealing in dairy products, telecommunication and electronic168 words
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Article, Illustration228 1987-06-09 2 CLARENCE D'SOUZA has bMn appointed Telerate's general manager in Australia while CtMia Char Choon has been named general manager for Singapore and South-east Asia. Mr D'Souza, who was formerly the managing director in Singapore, will now be responsible for Telerate's growth in Australia. He was responsible for228 words
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Article253 1987-06-09 2 ELEVEN LOCAL siectrical and construction companies will take part in the Fifth International Building Exhibition (IBEX) in Hongkong from tomorrow till Saturday. Their debut is arranged by the Trade Development Board to help promote Singapore's electrical and construction industries in the Hongkong market253 words
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Article138 1987-06-09 2 IN BT*s June tf-7 weekend edition, it was reported that Sir Zeiman Co wen, the lateet Lee Kuan Yew Distinguished Visitor, arrived on Friday, June 5. Sir Zeiman will be arriving on Jdfy 5. And, on the back page, the picture carried with the story How not138 words
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Article85 1987-06-09 2 COLOUR and how it affscts the design and marketing of a product will be the topic of a two-day workshop on June 8 and 10 at the Trade Development Board. More than 00 manufacturers of home and office furniture and fittings, interior and graphic designers, architects and design educationists85 words
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Article544 1987-06-09 3 Seminars and courses DUtAHON TTTlf VENUE OftGANISBt Jun 22-23 Effective Dynasty Hotel Roger Gill and Computerisation in Associates Personnel and Training Pte ltd Departments Jun 22-24 Soles Leadership by Sheraton Towers Heinz Goldmann Objectives Port 1 Soles Centre Pocific Pte ltd kin 22-26 The Occupational Goodwood Park Roger Gill544 words
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Article367 1987-06-09 3 A FORMER General Electric manager has bean appointed head of Printed Circuits International Re Ltd. the first Singaporean at the helm since the American electronic component maker started operating in the Republic 15 years ago. Mr Peter Hoon, 36, and a QE man for367 words
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Article, Illustration413 1987-06-09 3 LEE HAN SHIH - By LEE HAN SHIH THE VALUE of new building jobs awarded in April wm cut by almost half to $168 million within a year, while payments received by contractors in the ssms month were down by almost $50 million, sccording to Istest413 words
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Page 2 Advertisements
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Advertisement481 1987-06-09 2 Smartmodem 1200 TAC No. 462-85 DMI26 Smartmodem ***** TAC No. 488-85 DMI43 Smartmodem 120Q" The world's leading modem is ready to connect your PC to your telephone line and give you an immediate link with computers within your own office or on the other side of the world. With worldwide481 words
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Advertisement121 1987-06-09 2 77 Prompt pick-up and delivery 24 hours a day i ■j-••*+++ D Imperial Splendours of Hong Kong v m*.. •-N. V*. iL. —1 Relive the culinary adventures of the Imperial \gsy (sttktce Court with a celebration at the Summer Palace. Our fastidious Hong Kong chef, Mak Kip Fu, has prepared121 words
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Page 3 Advertisements
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Advertisement88 1987-06-09 3 SENILEX TTP* [l l g »--i THE TONIC FOR GOOD HEALTH Sen ilex contains good health maintaining substances such as Ginseng, Minerals and Herbs. It is a good tonic for the middle-aged and old people. Senilex keeps you healthy, strengthens your body and improves your vitality. It relieves fatigue. Manufacturer:88 words
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Advertisement86 1987-06-09 3 Ui mo America. Only United has same day arrivals anywhere in the USA. We are America's Friendly Skies. Our daily morning departures via Tokyo or Hong Kong wing you across the Pacific in time to enjoy the rest of the day in the States. Lunch on the West Coast, dinner86 words
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ASIA-PACIFIC
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735 1987-06-09 4 Reuter THE CLOSURE last month of Manila Banking Corporation, one of the Philippines' nine largest banks, highlights the weaknesses still plaguing the country's financial institutions, say bankers and analysts in Manila. Manila Bank was declared insolvent by the Central Bank of the PhilippinesReuter - 735 words
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151 1987-06-09 4 AFP INDIA'S High Commissioner in Colombo, J N Dixit, has warned that Sri Lanka's ruling party is preparing "highly violent" antiIndian demonstrations. Confirming reports of a late Sunday meeting with Foreign Minister H C S Hameed, Mr Dixit said senior members of President Junius Jayewardene'sAFP - 151 words
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476 1987-06-09 4 AFP EXCHANGES between the expanding Vietnamese refugee community in Paris and their relatives back home have generated a whole new line of business, which last year chalked up a record turnover of 170 million francs (nearly US$3O million). The sum, generated by theAFP - 476 words
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Article, Illustration379 1987-06-09 4 AFP NUCLEAR BOMB TESTS by China, the Soviet Union and France show the need for the urgent negotiation of a comprehensive test ban treaty, New Zealand Prime Minister David Lange said yesterday. The tests "demonstrate clearly the need for urgent negotiation of aAFP - 379 words
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Article181 1987-06-09 4 Reuter A THAI opposition party trounced a major government party in a by-election after a campaign focusing on the record of Prime Minister Prem, according to results announced yesterday. Boontium Khemapirat of the Prachakom Thai Party won nearly 21,000 votes, 9,000 more than his Democrat PartyReuter - 181 words
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Page 4 Advertisements
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Advertisement246 1987-06-09 4 ■~r I. So) ,i" 120 100 140 2," 30 80 > 160 005 0 0 0 60 6( '30" UO J sr I V t 70Jfc* 80 U 40 Jyj knji, 200^ V ./1 r--3- v 220 V S t^Hr r /rrm*r; "7 < 4 „-\V V K jr K»«246 words
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Page 4 Miscellaneous
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Miscellaneous47 1987-06-09 4 Doonesbury BY GARRY TRUDEAU BY AN AWESOME- ARRAY OF DEFENSE MECHANISMS. BY MY COUNT, THE PRESIDENT HAS NO FEWER THAN 23 VERSIONS OF THE TRUTH INSULATING HIM FROM REALITY! m m r 23? BUT U&VEONLY HEARD... COUNSELf FIVE. IT COULD BE A LONG SUMMER, SENATOR. I WM*£47 words
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REST OF THE WORLD
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Article920 1987-06-09 5 ARRIVALS Operator Sorvlc* local From number HTM SU SQ11 0045 LAX/NRT CAL a 341 0155 TPf iAL J1617 0215 TYO FT FT75 0316 UH/OtO/ANC/ N8T/MNL/TPE CAL 0333 0405 TP€ MAS MH681 0820 KUl SV SV398 0635 JED/RUH MAS MH811 0910 PCN MAS MH671 0920 KUL AC AC858920 words
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381 1987-06-09 5 Reuter THE AFRICAN Development Bank (ADB), Africa foremost development financing institution, is set to embark on an ambitious course of promoting economic growth in a continent beset by floundering loan agreements. Undaunted by the sorry experiences of other major Third World lendersReuter - 381 words
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393 1987-06-09 5 Reuter IVORY COAST, one of Africa's most prosperous nations, is now losing money on all its main exports and its sconomy is shrinking, Agriculture Minister Denis Bra Kanon says. In a speech to university grsduates last week. Bra Kanon said a slumpReuter - 393 words
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327 1987-06-09 5 AP ITALIAN political parties from the Christian Democrats to Radicals have enlisted soccer players, boxers, a pornographic film actress, homosexual activists and artists to run for them in the parliamentary election to be held from June 14 to 15. Italian parties traditionallyAP - 327 words
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Article, Illustration537 1987-06-09 5 Reuter AMERICAN TREASURY Secretary James Baker said on the eve of the 13th annual summit of industrial nations that the US economy remained strong but some allies could do more to spur worldwide expansion. Interviewed by US television from Venice, venueReuter - 537 words
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121 1987-06-09 5 AP INMATES sentenced to die in the state of Virginia's electric chair in the summer will get a degree of comfort in their last days thanks to an air-conditioning overhaul of the state penitentiary's execution facilities. Previously, those involved in executions swelteifed in the prisonAP - 121 words
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409 1987-06-09 5 AP THE CHANGE from Paul Volcker to Alan Greenspan at the Federal Reserve will mean higher US inflation this year and a greater likelihood of a recession right after the 1968 election, some private economists believe. These analysts are alao looking for aAP - 409 words
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Page 5 Advertisements
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Advertisement89 1987-06-09 5 TORONTO The business person's choice, every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Lester B. Pearson International Airport the following day. Call your Travel Agent or Air Canada at *****55. AIR CANADA Z7 I <*- X X V *——i -w Jaeger leCoulth^ Kef89 words
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Advertisement93 1987-06-09 5 LONDON AMSTERDAM FRANKFURT ZURICH KUWAIT DHAHRAN BOMBAY TOKYO MADRAS TRIVANDRUM HONGKONG TIRUCHIRAPALLI rW BANGKOK COLOMBO MALE DUBAI KUALA LUMPUR SINGAPORE THE AMLANKA NETWORK On Air Lanka you can select from 72flightsa week, to 23 destinations on the Wings of Paradise. Whichever flight you select you'll experience the gentle warmth of93 words
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BANKING AND FINANCE
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618 1987-06-09 6 Reuter WORLD POLICYMAKERS began their annual summit in Venice yesterday amid growing speculation in the US financial community that dollar and bond prices may be gradually approaching cyclical lows. World trade imbalances were still uncomfortably large, but some dealers and economists wereReuter - 618 words
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149 1987-06-09 6 Reuter THE CENTRAL BANK of Venezuela's board directors are opposed to a moratorium on payments or a new round of negotiations to reschedule the country's US$3l billion foreign debt. A communique from the bank issued last Friday said either move would jeopardise the resumption of internationalReuter - 149 words
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349 1987-06-09 6 Reuter BANKAMERICA Corporation is reconsidering its loan loss reserves and will decide in the next two weeks whether they need to be raised, according to the head of the bank's world banking group at a news conference. Bob Frick said decisions by several other major USReuter - 349 words
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222 1987-06-09 6 LIANG COURT Re Ltd. the developer and owner of a commercial, residential and hotel development in River Valley Road, yesterday signed a $70 million syndicated note issuance facility. The six-year financial package is lead-managed by the Overseas Union Bank, with DBS Bank222 words
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233 1987-06-09 6 Reuter THE INTEREST payments on the Philippine foreign debt will increase by US$l57 million this year if the London interbank offered rate (Libor) climbs to an average of 7.5 per cent, central bank deputy governor Edgardo Zialcita said. "AssumingReuter - 233 words
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MONEY AND EXCHANGES
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Article825 1987-06-09 6 Reuter SINGAPORE: THE US dollar yesterday closed easier against most major currencies. mainly on speculative selling in a round of late, nervous trading, dealers said. They said selling pressure increased in the afternoon amid growing expectations that the Venice economic summit will be unable to produce any agreementReuter - 825 words
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Article56 1987-06-09 6 Treasury bills (most recent imum) Issue code Maturity Yesterday's yield MO OFFER BQ ***** V 3.9.87 2.50 2.40 BS ***** A 26.11.87 2.83 2.73 Singapore government bonds Issue Coupon Maturity Indicative Yield code rate dosing (offered price rate) N*****0Z 3.500 1.6.1989 99.75- 3.58 99.85 N*****0H 5.375 15.5.199256 words
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Article285 1987-06-09 6 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels, after a day of quiet trading, dealers said. Period rates were narrowly mixed at the outset and remained unchanged subsequently. One month closed at 7-1/8 seven per cent three months at 7-1/4 7-1/8 and six months at 7-9/16 7-7/16285 words
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Article, Illustration184 1987-06-09 6 Indicates tha avtragt of tha prim* landing rata* of 12 major banks In SlnaiDor* Interbank market rates (offer/bid) on June 8 USS DM SWFC Y«o 7 dam 6 7/« J/4 9 1/4— 1/t JJ/l-i/1 1-17/1 JS/I 1/2 1 ■Ml 7 1/16 6 IS/16 15/16 1 J/16 J184 words
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Article580 1987-06-09 6 BA Futures SEPTEMBER Eurodollar yesterday opened 15 tick* higher at 92.23 on a weaker than expected non-farm payroll and firmer US dollar. Prices touched the intraday resistance of 92.24 before backing off to a low of 92.16 as the US dollar lost some of its early gains in choppyBA Futures - 580 words
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Article58 1987-06-09 6 THE OVERNIGHT rate on the Singapore interbank market closed unchanged at 1/8 per cent yesterday. One and two months shed 1/8 point. Three months closed 1/16 point lower. S$ Interbank rates at 7pm yesterday: orm. md Owni*» l/S 0 1-mOrth 4 3/1 4 1/4 2-moith 4 1/3 458 words
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Page 6 Advertisements
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Advertisement95 1987-06-09 6 •{V*. Thai Buffet Promotion stf» 20tfi June Savour the best of Thai cuisine. Three chefs from the Royal Orchid Sheraton Bangkok will tempt you with their creations. Sumptuous Thai soups, favourite cold and hot dishes, desserts and fresh fruits. At $16.50 per adult and $10 per child under 12, going95 words
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Advertisement143 1987-06-09 6 IN PENANG A FIRST CLASS HOTEL AT AN AFFORDABLE PRICE. The Shangri-La Inn Penang brings to the heart of Georgetown a standard of service w never before seen in Penang. Its 426 guestrooms and 16 suites feature the finest in amenities. And being centrally located in the heart of Georgetown143 words
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Page 7 Advertisements
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Advertisement390 1987-06-09 7 A»022 I-MO/OS/IO A Jmx PISFJ i T k -x v lißL'-l r r V '4 n 7"M* 4 /i <& < 3*2 m «k<4 t V t- ««*> V f. v P ibi > X V •> A to :r. i V* ■-:>■ -r—am j| v How much will your390 words
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FEATURES
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Article490 1987-06-09 8 IT HAS NOT come as a surprise that a recent survey found that older retrenched workers, both males and females, had greater difficulty finding new jobs than their younger counterparts. The survey, by the Labour Ministry, serves to confirm what is widely known that employers490 words
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Article, Illustration1844 1987-06-09 8 WILLIAM CHIA - The bottom fell out of the heavy equipment market In 1983, but by mid-1986, the worst seemed to be over. These days, optimists are talking about the beginnings of a recovery, reports WILLIAM CHIA. WILLIAM CHIA WHEN THE BOTTOM fell out of the regional timber1,844 words
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Page 8 Advertisements
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Advertisement90 1987-06-09 8 AA-I burnished coromandel screen glows softly, reflected in the silken light of an early 19th century ginger jar table lamp. Huge mirrors bordered by sinuous, dreamlike leaves adorn the walls. This is the rare and privileged world of a superlatively exclusive new furniture showroom, Ambience. Welcome. Ambience Trading (Pie) Ltd.90 words
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Advertisement68 1987-06-09 8 A IW J SWOODS from: £63 per wk CAP RENTAL Unlimited mileage inclusive VAT Over 20 year's experience Fleet size 1,000 vehicles, ail less than one-year old Best service at competitive prices Also available self-drive hotidays (car hotels) in UK. ANGLO FRENCH TRAVEL SCENIC TRAVEL #10-03 Asia Chambers. #01-02, 11068 words
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Page 8 Miscellaneous
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Miscellaneous688 1987-06-09 8 IT'S R u>eu- I<jsICXONI Ff\CT THPTT > TMG-OLDEi? ONe G£TS THC UONG£R IT- rpvjces to poll oiesseLF > Tt>G,erHef? j f I'm -rne uvimg Proof look PT-menr^e. >\~:.\-)]}<-<++`/|+<);)/]!\$[}> CRYPTIC PUZZLE ACROSS 3 Characters in red and black suits (5) 8 Figure an article to be supple (5) 10 Complains bitterly688 words
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SPORTS
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544 1987-06-09 9 Reuter MARK McNULTY of South Africa thwarted a stirring comeback by Welshman lan Woosnam, scoring a birdie four on the final hole to win the British Masters golf ohampionship by one shot in Woburn, England, on Sunday. Woosnam, level with McNultyReuter - 544 words
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Article484 1987-06-09 9 AP LARRY BIRD scored 30 points and Dennis Johnson added 26 to lead Boston back into contention in the American National Basketball Association championship series with a 109-103 victory on Sunday. The win cuts the Laker advantage in the best-of-seven series to 2-1. The victoryAP - 484 words
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250 1987-06-09 9 AP NATROUN, a colt owned by the Aga Khan, came from behind with a late charge down the stretch on the outside to nip Trempolino by a nose on Sunday in the U*****,000 Prix Du Jockey Club. Naheez was thirdAP - 250 words
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859 1987-06-09 9 WALTON MORAIS - By WALTON MORAIS DRUG ABUSE claimed the last three years of former national golfer S Vellasamy's life. On Thursday, Vellasamy, now 33 and rehabilitated, will be chasing the tail of the tiger when he tees off for the Tiger Open championship at Sembawang.859 words
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Article158 1987-06-09 9 AP BETSY KING birdied three of the last four holes to pull sway from s pack of golfers on Sundsy snd win the US$5OO,OOO LPGA McDonsld's chsmpionship in Wilmington, Delaware. The win made her the tour's leading money winner. King, 31, shot a final-round 4-under-par 67AP - 158 words
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Article, Illustration523 1987-06-09 9 UPI IVAN LENDL of Czechoslovakia on Sunday outduallad Sweden's Mats Wllander over more than four chilly, rainy hours to retain the French Open tennis championships singles title. Lendl, alternating between steady baseline play and sharp volleys at the net, defeated WllanderUPI - 523 words
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Article201 1987-06-09 9 Reuter AMERICANS Cors Fiebig snd Kathy Wodka set a record world championship total of 2,566 to win the women's doubles event as four records fell at the World Tenpin Bowling Championships in Helsinki on Sunday. Sweden's Asa Larsson and Annette Hag re bowled a combinedReuter - 201 words
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Page 9 Advertisements
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Advertisement116 1987-06-09 9 MIZUNO. THE WORLD'S BIGGEST SELLING GOLF CLUBS CHAMPION FLAG MF Emphasis on ease of play and good directional control. For woods, the heads are crafted from solid maple wood and the irons are cast in mild stainless steel. Available in graphite shaft Techno- Flex 5755 and light steel shaft Dynaflex116 words
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Page 9 Miscellaneous
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Miscellaneous1191 1987-06-09 9 wvmmm V.; r /&J| -W i <*^ TUESDAY PREMIERE Five Days One Summer 10.30pm, Channel 5 This romantic drama focuses on the haunting and obsessive love affair between a married Scottish doctor and a younger woman. Sean Connery (left), Betsy Brantley and Lambert Wilson star. Directed by Fred Zinnemann. THE1,191 words
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Miscellaneous75 1987-06-09 9 Play gol£ the Sevvy way 7 x:-. I-:-:-: A LOT OF AMATEUAS LEAVE THE CCC/BFACE OPE* /V 7W H/7T/H& AAEA 7V/S because t?iey sh*v& 7HXOO&/ W/7H 7W &U7T OF 7Wf CjEFT A/A//& FAC/*Gr THE TAA&ET /SVST£A£> OF 7?/£ BACK OF TH£ LEFT Wt£>— AESUtT, A POSH slice.... W.. yoo snoau>75 words
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INTERNATIONAL STOCKS
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328 1987-06-09 10 Reuter BURLINGTON Industries Inc, the largest US textile maker, said it would seek a permanent injunction barring Samjens Acquisition Corp from carrying out its U552.47 billion tender offer or acquiring stock in Burlington. On Friday, Burlington received a temporary injunction in the USReuter - 328 words
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Article622 1987-06-09 10 UPI THE OLD-FASHIONED way of starting a business seeking investors, hiring your own staff, making your own products and devising your own marketing plan is changing. Silicon Valley entrepreneurs now, theoretically, can build a successful corporation with little more than an idea, thanks toUPI - 622 words
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198 1987-06-09 10 Reuter SAUDI INVESTMENT Bank (Saib) declined comment on a press report that West Germany's Commerzbank AG is negotiating to sell its 5 per cent stake. The English-language daily Arab News said negotiations over the sale of Commerzbank's shareholding to the Saudi firm National IndustrialisationReuter - 198 words
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Article114 1987-06-09 10 Reuter CITIZEN WATCH Co Ltd had set up a US subsidiary to develop new products for office automation equipment, a Citizen spokesman said. Citizen Systems Inc in Santa Monica. California, is capitalised at US$9OO,OOO and owned 90 per cent by Citizen and 5 perReuter - 114 words
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Article71 1987-06-09 10 United offer 45pc acceptance Reuter UNITED NEWSPAPERS PLC said it had received acceptances under its offer for Extel Group PLC from the holders of 45.46 per cent of Extel shares. Before the offer was launched, United and its associates held a total of 13.79 million Extel shares, or 27 perReuter - 71 words
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661 1987-06-09 10 NYT IT OFTEN PAYS to take a contrarian view. Bailard, Biehl Kaiser Inc of California believes. The investment management firm started buying foreign stocks in 1979 and it concentrated on bonds in the spring of 1982, suddenly emphasising a sectorNYT - 661 words
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185 1987-06-09 10 Reuter GRAND METROPOLITAN PLC said it had agreed to sell its contract services division to management for £160 million. The division includes Compass Services, QM Health Care and other companies. Compass provides mainly contract catering and vending while GM Health Care owns and operatesReuter - 185 words
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Page 10 Advertisements
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Advertisement382 1987-06-09 10 m Wkt¥% to win^ 9 ■r^V Seconds are FREE and all bottle sales enjoy a 30% discount a 3 cove Something for everyone rr Tastes differ, but you can agree on a wide selection available in Balmoral Brasserie. Dozens of choices at moderate prices. Where else can you satisfy a382 words
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Advertisement171 1987-06-09 10 With the dynamic Melody Band from 8 the Philippines. At The Lounge daily except Sundays, Bpm lam. with an extra hour *VJ on weekends and eve of Bublic holidays. Happy [ours from 5-7pm daily. m Third drink is free with hH every two similar drinks m I ordered y I171 words
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ASIAN STOCKS
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Article469 1987-06-09 11 HONGKONG: Share prices closed slightly higher yesterday with the Hang Seng Index rising to another record high but profit-taking trimmed early gains, brokers said. The index rose 3.73 points to 3,068.06 after briefly touching 3,096.13 in the morning. The previous record was 3,064.33 reached last Friday. The Hong Kong469 words
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Article206 1987-06-09 11 JUNE M All Sincere Indus NT I 3 80 -0.06 0.5 t -2 0.4 1.1 Kuochan Dav Laa Chang Yuan Cham Indus .32.60 35.50 1 0.5 Cathay Cons 87 00 Uan Hwa Indus Nan Ya Plas 23 60 50 50 0.2 0.6 Pacific Cons 38.20 1.4 Chia Rain Cement..206 words
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Article428 1987-06-09 11 TOKYO: Share prices rose to a record close yesterday in light trading on selective buying of stocks on an incentive basis, brokers said. The market average rose 159.68 points to a record close of 25,523.89 after earlier touching a record 25,528.64. On Saturday, the average gained 92.91. The previous428 words
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Article81 1987-06-09 11 Oriental B 0 046 Aco|e Mining -0 001 Anglo Phil Apex Mining B ".'.0.0660 0 0025 PNIti B Ptcoo B 053 unch Attn Con. B... Bagulo QoM Basic Petroleum Benguet Con. B. Flret Phil HMga 24 0.014 140 8.20 unch -0.001 -2 0.5 PLOT San Miguel B oMTrOnl tlm81 words
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Article145 1987-06-09 11 BANGKOK: The Securities Exchange of Thailand Index rose 2.05 points to 275.57 on a turnover of 1.83 million shares worth 468.1 million baht. JUNK M 1 IAMT Saha Union Siam Camant 330 903 20 •20 Ayudhya invaatmant Bangkok Agro-ind Bangkok Bank 318 113 30« 2 10 4 Slam City145 words
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Article99 1987-06-09 11 JUNE M WON *1 1422 4-2 Chall Sugar ***** unch Ind o«*»tmind ***** 200 i2I2 :J!S Daewoo Corp 1110 -2090 K«on Ind....... ***** -210 Daawoo Haavy ***** unci* t« 14 Daiahin Sacurfdaa 3700 -100 r***. Kl 1 -*> Dong Ah Phar ***** -20 JS55 Z£° Suh Slock ***** -29099 words
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196 1987-06-09 11 Reuter THE PLANNED acquisition by Brierfey Investment Ltd (BIL) of a 30 per cent stake in Rainbow Corp Ltd breached the Takeover Code, National Companies and Securities Commission (NCSC) chairman Henry Bosch said. He said on the Business Sunday' television programme the acquisition, whichReuter - 196 words
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Article91 1987-06-09 11 NISSAN MOTOR COMPANY is planning to start producing its Bluebird model in Australia in a bid to reverse its declining share of the Australian car market. Complete details are still being worked out but company sources said that under the plan, Nissan will invest91 words
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Article, Illustration367 1987-06-09 11 MANDARIN ORIENTAL International Limited, the holding company of Mandarin Oriental Hotels Limited, yesterday became a publicly listed company on the Stock Exchange of Hongkong, and announced its commitment to double the number of its properties within the next three to five years. Peter367 words
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Page 11 Advertisements
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Advertisement764 1987-06-09 11 !©I JJ I iter* to Winn, diiw diiu «Mt«rui<M 4 Start of A New Experience Kinta-Mani Delightful Indonesian meals! Our specialties include Charcoal Grilled Seafood. Gado Gado. Sate (Satay), spicy Rendangs. Ayam Chendol and more! Tickling your palate with an authentic Indonesian cuisine is only half the experience. The other764 words
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Advertisement161 1987-06-09 11 Peking A Sichuan Restaurant tnt«»« HOKKIEN-PORRIDGE UgWS DINNER/SUPPER ■^■5-— Buffet Style Choose from more than 20 appetizing dishes. Eat all you can for only $7 00++ Dinner/Supper Time: 7pm 3am 3 tr\ r A v -M- 10* aervice charge 4 3% gov*mm«nt tax not Included. Mftumwgi i KOVKI. B V161 words
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COMMODITIES
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459 1987-06-09 12 AFP WORLD wheat production in the forthcoming 1967-88 (July-June) season is likely to fall by 12 million tonnes or 22 per cent to 524 million, compared with this season's record 536 million tonnes, the International Wheat Council (IWC) predicts in its latest marketAFP - 459 words
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398 1987-06-09 12 Reuter THIS YEAR'S rise in Western oil consumption is likely to slow to just under one per cent compered with e 2.3 per cent increase in 1966, the International Energy Agency (lEA) says. In its latest monthly report on the oil market,Reuter - 398 words
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181 1987-06-09 12 AFP TRADING in white sugsr futures on the London Commodity Exchange (LCE), which was suspended more thsn one year ago due to poor volume, could be relaunched in London soon, according to LCE officials. Talks are under way with the InternationalAFP - 181 words
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Article289 1987-06-09 12 RAS prices m8oMMg,FOIhil«t« 1 NOON close Bwyon sellers Bwyors f-M ta( 1 RSS Prompt 21 3.00 214.00N 211 JO 212 JON bit 1 RSS My 87 211-50 212.00 210.25 210.75 bit 1 RSS Aug 210.00 211.00 209.00 210.00 bit 2 RSS Of 201 -50 203J0N 200JO 202J0N289 words
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Article79 1987-06-09 12 (canti/kg, l-*on poHatt) JULY 87 AUGUST 87 (currant month) (forward month) RAS NOON NOON Iwyan lwy«a SSt 30 183.00 185.00N 183.00 185.00N SSI 50 183.00 183.00N 182.00 183.00N MRELB •wyari S«N*n brm S n SMI cv 355.50 257.50N 256.50 258 50N SMI I 354.00 356.00N 355.00 357.00N79 words
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183 1987-06-09 12 AFP THE European Commission on Saturday said it was surprised by the "unfounded criticism" of its African, Caribbean and Pacific (ACP) partners over plans to impose a tax on EC imports and production of vegetable oils and fish oils. In a statement theAFP - 183 words
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Article92 1987-06-09 12 PRODUCTS remained largely stable in a quiet start to the week. Naphtha talked stable to firm with players at standoff. Fuel oil and LSWR were stable with weak undertone. Gasoil was stable to firm on regional buying interest Crude (FOB origin) USS/banal Otang* DmM (My) WM Ttioi92 words
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Article165 1987-06-09 12 Reuter THE PRICE of Mn yaatorday eaeed eeven cents from loot Friday's flnWi lo cloee at MSI 15« per kNo on falrfy ofiwm ■cuvny si n»f K/wtr (•vfit, dealers said. The maitet opened unchanged from Frlday'a M 516.63, wNh bide tor 92 tonnes and seders offering 116. ButReuter - 165 words
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Article372 1987-06-09 12 Reuter SINGAPORE THE MARKET yesterday closed lower with July 1 RSS buyers quoted at 210.25 cents/kilo, down 1.75 cents from last Friday, dealers said. The morning session lost 1.50 cents on some trade selling and profit-tak-ing in moderate trading, after a firmer opening, they said. Prices eased another 0.25Reuter - 372 words
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Article353 1987-06-09 12 HONGKONG: GOLD yesterday closed firmer, mainly on US commission house buying prompted by the weakening US currency, dealers said. Bullion ended at U*****.40/90 an ounce against an initial 454.30/80. This compares with Saturday's close here of 453.60/454.10 which waa same as New York's Friday finish. On the local353 words
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Article269 1987-06-09 12 Crude palm oil futures yesterday closed steadier in moderately active trading on the KLCE. June rose Msll to M 5752 per tonne while July was Mslo better at M 5749. August was also up by MsB to finish at M 5747. Turnover rose to 324 lots from 221269 words
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Article235 1987-06-09 12 Chinese Product Exchange Setters' noon cftodnQ pi Iom an Jurw 8 (SI/100 kg) Coconut oil It* FOt 88X0 OM drum FOt 102X0 N»w drum FOt 98.00 Copra Mixad (Ioom) Pepper FOt NLW 1155.00 f i-U-oarowai wtwv FOt foq NLW 1140X0 Sarawak spadal Mack FOt NLW 912-50 Sarawak Ana235 words
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Page 12 Advertisements
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Advertisement504 1987-06-09 12 NOTICES PENANG PORT COMMISSION TENDER NOTICE Tenders are invited for the purchase of the Commission's ferry "Pulau Pinang" on the basis of "as is and where is". FERRY "PULAU PINANG" GENERAL SPECIFICATIONS Speed 9 knots Interested tenderers are invited to inspect and view the ferry vessel at Bagan Dalam Slipway504 words
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Advertisement279 1987-06-09 12 COLOURENT (S) PTE LTD (In Voluntary Liquidation) At an extraordinary general meeting of Co 100 rent (S) Pte Ltd Held on 1 June 1967, the following Special Resolutions were duly passed 1) That Colourant (S) Pte Ltd be wound up voluntarily and that Messrs Roger Philip Edmonds, Jeffrey Heng Ghee279 words
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Advertisement335 1987-06-09 12 PERNG CHERNG CONSTRUCTION PTE LTD (In Voluntary Liquidation) NOTICE IS HEREBY GIVEN parsa&nt to Section 308(2) of the Companies Act, Cap. 185 that the FINAL MEETING of Members of the abovenamed Company will be held at the office of Messrs. Quek Co., 10 Anson Road, #13-12, International Plaza, Singapore 0207335 words
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Advertisement55 1987-06-09 12 National Australiaßank ASIAN CURRENCY UNIT FOREIGN CURRENCY DEPOSIT FACILITIES Special Rates apply to deposits of over A 5200,000 and over US$2OO,OOO respectively. Deposits in other currencies are on application. For further information please telephone our Retail Services Section on (Singapore) *****55. r. \'i it* :i, Singapore Branch 10 Collyer Quay55 words
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SHARE INFORMATION
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Article, Illustration4328 1987-06-09 13 IT WAS another day of active trading on the Singapore stock market yesterday with profit-taking in the afternoon causing prices to close generally lower. The Straits Times Industrial Index lost 2.71 points to close at 1.241.00 while the Business Times Composite Index4,328 words
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Article219 1987-06-09 13 to* Hue UIC AMng Court Aotmo XX C K Tang AON kMn S0< Rr* Cop* S f M Mldiln kuAm MMa TDM New Soran KM Corpn woT** S 1 A Ft N Par* rant to* ttwa T—aiiafc Gadak •VllM *WC 11,1 uot Tkngft Lan{ SINGAPORE Rises IT219 words
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Article4361 1987-06-09 13 SECTION ONE MourmuL COMMERCIAL Aoao (2.39 B 2.40 SI (2) 2.27 (501 2.30 (161 231 (IS 232 AS 2.33 (1171 135 (183 236 (311 2.34 06) 2.37 (77) 2.36 (78 249 (70 2.40 (41 241 (20 2.37 110 234 1111 (120 139 (421 136 (134,361 words
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COMPANY NEWS
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Article, Illustration601 1987-06-09 14 MBT THE LONG-AWAITED new listing manual of the Kuala Lumpur Stock Exchange (KLSE) will come into effect on July 1. Announcing the launch of the new manual over the weekend, the KLSE said all public listed companies would have to comply withMBT - 601 words
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432 1987-06-09 14 MBT THE KUALA LUMPUR Stock Exchange (KLSE) has come out with its first comprehensive corporate disclosure policy to safeguard investors' interests. The policy forms a section of the exchange s new listing manual which will come into effect from July 1. According to theMBT - 432 words
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Article104 1987-06-09 14 HONGKONG Hongkong Index Monday 1961.31 Friday *****? Week ogo Closed Hang S«ng Index Monday 3068.06* Friday 3064.33 Week ogo Closed All Industrials Monday closed Friday 2590.6 Week ogo 2573.0 NEW YORK Dow Jones Friday 2326.15 Thursday 2337 08 Week ogo 2291.57 TOKYO Nikkei Average Monday *****89* Friday *****.30104 words
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Article253 1987-06-09 14 Managers' prices for June 9 Singapore Unit Trust Th* Co—re* 1.11 1.18* The Savings Fund 096 1.02 S'por* frog Fund 0.46 050 S'por* Sec Fund 0.78 0.83 S'por* Invest Fund 041 087 S'por* Equity Fund 0.56 060 Asia Unit Trust Mol Invest Fund 1.56 164 Mai Prog Fund253 words
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Article3062 1987-06-09 14 BID and offer prices officially listed and hnriiw in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Acmo I—l AJbwmoTo M (II 348 Aloa Hldg» I3,062 words
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Article59 1987-06-09 14 ESSO MALAYSIA Berhad: 28th AQM at the Ballroom. Equatorial Hotel. Jalan Sultan Ismail, Kuala Lumpur, today at 10.30am. INCHCAPE Berhad: 20th AGM at Inchcape House, 450/452 Alexandra Road, Singapore 0511, today at noon. 7 SHELL REFMMG COMPANY (Federation of Malaya) Berhad: 28th AQM at Bangunan Shell Malaysia, Off59 words
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311 1987-06-09 14 WIDESPREAD profit-taking on the Kuala Lumpur stock market took prices to an easier close yesterday. Trading was less active and volume comparatively lower. The only bright spots around were some situational counters which managed to attract interest to finish with gains. On the whole,311 words
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Article170 1987-06-09 14 From page 13 Koppol Wf* 11.00 SI (112 1.01 (14) 1 JOB (42) 1 <00 01 1.01 1491 1.00 (40 0.99 (32) 0.99)4 ISM Loan 0.76*6 0.78 51 (13 0.78 a 0.78 ISM Writ 0.71*6) Ml) 070 (94) 0.70* (2391 0.71 IS 072* (1871 0.71*170 words
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Article312 1987-06-09 14 LAST FULL YEAR Company toted Dai* Year NM EPS CfM Net amouncad ■wdteM (owls) dK preffe kn> year ITOOO) Fed CobtM Interim Jun 87 6.***** S J Amd Interim Dec 19 Mar 86 72 527 Motoyuwutu Interim Dec 11 Mor 87 30.4931 t-J rtnoi Mar 10 Sep 86312 words
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Article, Illustration389 1987-06-09 15 u mm™ By HOCK LOCK SIEW A NUMBER of investors must be expecting biggish news from Brunei-backed food-based trader QAF Ltd. In the past week, the price has jumped from $1.29 to close at $1.51 last night, after peaking at a 1967 highBy HOCK LOCK SIEW - 389 words
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262 1987-06-09 15 PROSPECTS for Hong Leong Finance Ltd and its subsidiary Singapore Finance Ltd in the current year are looking better, although competition will keep profit margins fine, v "Nevertheless, the group will Continue with its efforts to achieve coat effectiveness so as262 words
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Article144 1987-06-09 15 Company RIGHTS ISSUE Gty Dev On#-tor-tour 1 40 pt r shar#. Bghts istu# of bond* with warn mis in th# ratio of $1 nownal omm nt of bonds (or #v#ry two ordinary il XJrtJ rwo Ex dot*; Jun 15 Books dot*: Jun 22 0 C Bank On#-tor-two Q144 words
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Article96 1987-06-09 15 Company BONUS ISSUE Ajinomoto Oiw-for-flv* Ay«r Hitom Tin On*-for-two Botu Kawan On*-for-two S P t On*-tor-two Tuon Sing On*-for-t*n Company OTHERS ABN Proposed shor* split from Df 100 to OflO Hume M Proposed off*r of 33.51 million Moioynon Pacific Industries shorn at 80 c*nts *och in th* ratio96 words
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262 1987-06-09 15 Bernama ES SOFT DRINKS manufacturer Yeo Hiap Seng Bhd expects to perform better this year, given the positive indications in the Malaysian economy, according to chairman Alan Yeo. The company reported a higher group pre-tax profit of M 55.4 million for calenderBernama ES - 262 words
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Article63 1987-06-09 15 ESTATE Finance Ltd has suddenly emerged as a substantial shareholder of two public-listed companies closely linked to tycoon Khoo Teck Puat. In separate notices to the stock exchange, Goodwood Park Hotel Ltd and Central Properties Ltd said Estate Finance Ltd now owns 3.02 million shares (6.7163 words
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Article114 1987-06-09 15 Bernama ES MALAYSIAN MOSAICS Bhd has reported a group pretax profit of M 56.85 million for the year ended Jan 31, 1987, as against M 514.92 million for the 13-month period ended Jan 31, 1906. Turnover for the group was lower at M 5160.51Bernama ES - 114 words
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Article54 1987-06-09 15 MALAYAN FLOUR Mills'* director Raja Dato Sri Shahriman has died. AYER HITAM Tin Dredging proposes to acquire half the equity ot Sri Waria a company which invests in shares. Its principal investment is a 40 per cent stake in Petra Finance Bhd, a finance company with total assets54 words
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397 1987-06-09 15 ELAINE KOH - Chairman predicts significant improvement in second half By ELAINE KOH AVIMO Singapore Ltd, which was one of the hottest new issues when it came to market last month, has reported a 54 per cent rise in pre-tax profit to $4.31 million for397 words
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Article, Illustration615 1987-06-09 15 AMY BALAN - By AMY BALAN LANDMARKS'* shareholders, who had expected yesterday's EGM requisitioned by the group's foreign lenders to effectively remove Tan Sri Chong Kok Lim and his three director sons, will be disappointed. Tan Sri Chong Kok Lim rejoined the board of Landmarks Holdings615 words
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Page 14 Advertisements
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Advertisement300 1987-06-09 14 Ernst Whinney Consultants Pte Ltd Presents FINANCE FOR NON-FINANCIAL MANAGERS June 25-26,1987, Hilton Hotel WHY YOU SHOULD ATTEND Finance is not as complex as it is sometimes made out to be. A basic understanding of finance will assist you in making those decisions appropriate for your company. You can be300 words
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Advertisement119 1987-06-09 14 One wad that means a great deal in anyone's language: Hertz. Travelling overseas? Then book your Hertz car before you go, to get our special Affordable rate. It's so low, that in many cases it's not even available to the people who live there. Yet, you'll still enjoy the service,119 words
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Page 15 Advertisements
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Advertisement53 1987-06-09 15 m Vim m m m t Shing Loong opens the door to your new home No processing fee Speedy processing of loans Flexible repayment terms i H Period ovN^ ers _jL^— i i-^vsL^^rTfi7s% Li-—Hr7to% \b T (A membef of Keppel Corporation) 10 CoMyer Quay #01 -04 #09-06 Ocean Building Singapore53 words
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Advertisement228 1987-06-09 15 ....The Number One Toy Show in Asia September 23-27,1987 9 A.M.—5 P.M. Taipei World Trade Center Exhibition Hail 5 Hsin Yi Rd., Sec. 5, Taipei, Taiwan, R.O.C. Tolpei International Visitors to the 1986 Taipei International Toy Show were so impressed that they pronounced it the top toy fair in the228 words
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Article, Illustration490 1987-06-09 16 MARTIN SOONG - Penang factory supplies the Malaysian market By MARTIN SOONG ESCALATING Malaysian import duties and the rising yen have prompted Japanese trading giant Mitsui to set up a fish processing plant in Penang jointly with a Singapore trading and manufacturing company belonging to490 words
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207 1987-06-09 16 Bernama A THREE-MAN delegation from the Malaysian National Union of Journalists (NUJ) will leave for Singapore today to seek more information on the detention of Malaysian journalist Jenny Chin by the Singapore authorities. General-secretary Qoh Kay Chong, his assistant Peter Kandiah and treasurerBernama - 207 words
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224 1987-06-09 16 AFP THE CONSERVATIVE PARTY yesterdsy trumpeted that Britain is booming after eight years of its government while latest opinion polls showed that the Labour Party is cutting into the Tory lead In key marginal seats ahead of the June 11 general election. Chancellor of theAFP - 224 words
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Article, Illustration321 1987-06-09 16 Reuter INDONESIA would soon atify a copyright law protecting foreign films, music, books, computer softwsre and other material which had long been pirated in the country, Justice Minister Ismail Saleh said yesterday. He told reporters sfter meeting President Suharto in Jakarta thatReuter - 321 words
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318 1987-06-09 16 Reuter THE AUSTRALIAN economy is entering a crucial phase of its recovery process, according to Lloyds Bank NZA Ltd's chief economist Will Buttrose. He said in the bank's latest monthly report that more investment was needed to build on the progress made soReuter - 318 words
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Article68 1987-06-09 16 Reuter MALAYSIA and Singapore have invited Thailand and Indonesia to discuss standardising rubber contracts and markets to improve prices and market stability and provide a hedging medium, according to the Malaysian Rubber Exchange Licensing Board (MRELB). MRELB chairman Ahmed Sabki said in Kuala Lumpur that the boardReuter - 68 words
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487 1987-06-09 16 DELICE GAN - From DELICE GAN SWEDISH companies in Singapore have expressed fears that their business might suffer in the light of recent allegations about arms smuggling through the Republic. In a recent letter to the Swedish Minister for Foreign Trade, Mrs Anita Qradin, the Swedish Business487 words
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Article90 1987-06-09 16 Reuter COMEX SILVER FUTURES gained on rapid-fire buying yesterday morning after overcoming resistance at last week's highs. The leading July delivery gained 27 cents at US$B.ll an ounce in a convincing penetration of last Tuesday's peak for the week of US$B which was an area of automatic buyReuter - 90 words
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Article65 1987-06-09 16 Reuter WALL STREET STOCKS moved lower together with the dollar and bond markets as investors awaited the opening of the Venice economic summit US Treasury Secretary Jamea Baker'a warnings not to expect new dollar initiativee weighed on market sentiment traders said. The Oow Jones Industrial Average fellReuter - 65 words
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LATE FILE
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Article47 1987-06-09 16 Reuter PRESIDENT Reagan announced yesterday that ha was lifting US$5l million of the US$3OO million sanctions on csrtain Japanese electronic goods. He said after meeting Japanese Prime Minister Yasuhiro Nakaeone in Venice that the releaae was "strictly proportional to progreee to date". ReuterReuter - 47 words
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Article66 1987-06-09 16 Reuter JAPANESE Prime Minister Yasuhiro Nakasone can count on the support of his party's moat powerful faction to stay in power till the end of his term in October. Senior party member Kozo Watanabe said that former Finance Minister Noboru Takes hits, who last week grabbedReuter - 66 words
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Article57 1987-06-09 16 Reuter TAIWAN'e per capita groee national product is expected to jump US$l,O3l to U554,782 in calendar 1087, from U553,751 in 1086. Duan Wei, director of the government's statistics bureau, said that much of the rtee would reeutt from the appreciation of the Taiwan dollar against theReuter - 57 words
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Article43 1987-06-09 16 Reuter THE STATE-OWNED Unit Trust of India plans to launch a US$lOO million investment fund in the US in collaboration with Merrill Lynch end Co Inc. The fund will be lieted on the New York Stock Exchange. ReuterReuter - 43 words
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Article34 1987-06-09 16 Bernama THAI Prime Minister Prem Tinsulanonda may visit Malaysia in the weke of progress in solving the fishing problem between the two countries, the Thai Foreign Ministry said. BernamaBernama - 34 words
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Article31 1987-06-09 16 Reuter CHINA is drafting publishing and copyright laws to combat book piracy, Song Muwen, deputy director of China's Press and Publication Administration, said in Hongkong yesterday. ReuterReuter - 31 words
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Article35 1987-06-09 16 Reuter MAJOR international news organisations sometimes fail to reflect fully the true picture in developing countries, the managing director of the People's Daily, Qian Liren, told a seminar in Beijing yesterday. ReuterReuter - 35 words
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Page 16 Advertisements
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Advertisement65 1987-06-09 16 The Key to Shredding •< W w Vr- sx<xn: 3S ■>*.., t w>v X- -~iv'tA /I I 4 V! V jdwi^ e —^41 intimus Shredders for your Data Security -*V l\ v *<r V"Sole Agent for Singapore Malaysia Brunei Indonesia BUSINESS MACHINES SYSTEMS (S) PTE.LTD. 1, GOLDHILL PLAZA 01 4765 words
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Advertisement228 1987-06-09 16 Computer Fraud. The Danger Signs 25 June 1987 Westin Plaza Hotel Bras Basah Room Purpose of Seminar Computer fraud is a risk that exists in most business organisations using computers. Some organisations have already fallen victims to it. More can be victims too unless the risk is controlled. This intensive228 words
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Page 16 Miscellaneous
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SHIPPING TIMES
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526 1987-06-09 17 SHAHRIR ARIFF - By SHAHRIR ARIFF INCOME from bareboat charter is now tax exempted. In a letter to the Singapore National Shipping Association recently, the Ministry of Trade and Industry said the tax exemption comes under Chapter 134, Section 13A of the Income Tax Act. That is526 words
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246 1987-06-09 17 TWO VITAL COURT decisions have eased the pressure on financiallytroubled Dutch towage, salvage and heavy-lift group Wijsmuller. A court in Haarlem, Holland, haa rejected a bankruptcy filing by the Dutch National Inveetment Bank (NIB) against the holding company Wijsmuller Beheer and Bureau Wijsmuller,246 words
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PORTSIDES
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66 1987-06-09 17 KUWAIT and Italy have signed a maritime cooperation agreement which provides reciprocal .treatment to ships from either country, including docking and repair. The accord, effective for five years, was signed by Kuwait's Communications Under-Secre-tary Abdul Aziz Al-Ayoub and the Italian ambassador to Kuwait Lucio Forattini.66 words
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89 1987-06-09 17 Reuter THE JAPANESE Transport Ministry said it issued shipbuilding permits in May for nine ships totalling 334,850 gross tons, down from 17 ships of 381,722 tons a year earlier. This compares with permits for five ships of 182,350 tons in April. The MayReuter - 89 words
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Article80 1987-06-09 17 Reuter THE AUSTRALIAN Northbound Shipping Conference will adjust its Australia to Philippines, Hongkong and Taiwan currency adjustment factor (CAF) on all cargo to minus 3.84 per cent from minus 1.75 per cent, effective July 1. The Australia to Japan/Korea general and reefer cargo CAF will beReuter - 80 words
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151 1987-06-09 17 TRINITY Container Terminal, Felixstowe, created from foreshore and tidal mudflats, has won a major construction award for engineering achievement. The institution of civil engineers, East Anglian Association, has issued a merit award in recognition of the physical feat involved in creating the deep water container151 words
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258 1987-06-09 18 THAI FARMERS Bank has proposed the establishment of taxfree shops at Bangkok and Sattahip ports to attract foreign exchange. Thailand has at present one tax-free shop at the Bangkok international airport and two others downtown which service mainly air travellers.258 words
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227 1987-06-09 18 Bernama-UNS MAJOR CRUISE operator Carnival Cruise Lines is offering 20 per cent of its shares to the general public. Proceeds from the offerings will be used to repay bank indebtedness, to finance the ongoing construction of the company's Bahamas Hotel and for generalBernama-UNS - 227 words
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Article710 1987-06-09 18 AB Shpg V 5 ABC Container VM 1 Accord Shpg VI 3 Africa Ocean X 2 AMtrons VII 3 American Tpt x 2/3 Anro Service IV 2/3 AMI 1 1/2 APC tin# V 4 Afl M 2/3 asq HI 1 Asian Oceons VI 3 Bolt Conodo Lin*710 words
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Article1141 1987-06-09 18 CHARTER market weakness became more deep-rooted as US Gulf grain rates dropped sharply on the London freights market on Friday. Peavey and Nedbulk each managed to secure June loaders to work 52.000-ton US Gulf-Japan grain consignments at US$l5 (fio) against $16.25 last paid. Vessels concerned were the Sutjeska1,141 words
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403 1987-06-09 19 NYT KUWAIT has asked China to join the United States and the Soviet Union in helping to protect Kuwaiti oil shipping from Iranian attacks in the Persian Gulf. "We are trying our best with the Chinese," the official,NYT - 403 words
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177 1987-06-09 19 Kingsley Wood - -By Kingsley Wood WEST AUSTRALIAN shipowners and shipping agents have refused to pay increased towage charges imposed by Fremantle tug operators at Fremantle and Albany. Fremantle charges have been increased by 17.5 per cent and by 25 per cent at177 words
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379 1987-06-09 19 Lloyd's List THE SHIPPING subsidiary of Spain's Banco de Credito Industrial, Sociedad de Gestion de Buques (SGB) has sold 32 of its fleet to a US buyer for US$7O million. A spokesman for brokers Franco Espanola Maritime (SEM) which acted as intermediaries saidLloyd's List - 379 words
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157 1987-06-09 19 CONTINUING a three-year trend, deliveries at Jeddah's Islamic port fsll 12.6 per cent for the first three months of 1987. Figurss complied by the Saudi Seaports Authority, show that imports at the port totalled 6.13 million freight tonnes for ths first quarter of this157 words
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323 1987-06-09 19 Seatrade Week SEA-LAND CORP has warned that it may increase its use of foreignflag vessels or operating agreements with foreign carriers unless it can compete "on a level playing field" with subsidised US operators. The non-subsidised carrier's vice president for public affairs,Seatrade Week - 323 words
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Article235 1987-06-09 19 UPI CANADA plans to build 10 to 12 nuclear-powered submarines over the next 15 years to send a signal to the United States and the Soviet Union that the Northwest Psssage is s Canadian waterway, officials said. Canadian Defence Minister Perrin Beatty, who unveiledUPI - 235 words
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Article310 1987-06-09 19 AFP AN ANTICIPATED improvement in rate levels failed to materialise on the tanker market during the past But London brokers E A Gibson forecast an upswing during the second half of this year, pointing out that charterers will soon need to replenish their stocks, which have diminished atAFP - 310 words
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166 1987-06-09 19 Reuter SEABORNE TRADE in fertilisers will increase to 143 million tonnes in 1967 from 120.9 million in 1986, Drswry Shipping Consultants Ltd forecast in a report. According to Drewry, seaborne fertiliser trade will see a restructuring of its component parts rawReuter - 166 words
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8747 1987-06-09 24 3®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 esti- mated dates of arrival and departure from the Port8,747 words
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Article513 1987-06-09 25 AT CONVENTIONAL WHARVES VmmI S«r1 li Arrival OspM KEPPEL WHARVES Ah Dadacotioa KIS olongstda II 04X3700 Soolmg OS okyigwta 1004/IS00 Qydabonk KIS okingaida 1004/<200 r K3I oioagaida 1304X3400 r mi t molt K27 otongada 1004/1100 G Sataton 9 KI7 otot^ada 0904/ISOO Glob* Mat cury K30 otongada 09513 words
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Article828 1987-06-09 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy data/tima Operator cargo achadula Locatk Korrigon 178 09.06.87 1600 Ned-EAC F7 0700-0800/0700-0800 A6/C6 Surenes 3S 09.06.87 1700 Ben Line F5A 0800-0900 G4 Konsoi f 950 09 06.87 1800 S Consort F8 0900-1000 P2828 words
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Page 17 Advertisements
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Advertisement669 1987-06-09 17 Hew S.E. Asia upset the logical West HILARIOUS. TRAGIC. DANGEROUS. Available at all Good Bookshops STP Distributors 2 Vong ft* Rom 27%y JjGßwt MiPfINC AttNCKS (Nf. H WW// S? mmTrnj^'e^liiTi OVHQEAS CtUtim* IINE NORTH AMERICA ATI ANTIC EXPRESS (ROUND THE WORLD ROUTING* xr um arrow m m m 12/5 IP669 words
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Advertisement71 1987-06-09 17 THAI FARMERS Bonk has proposed the establishment of tax-free shops at Bangkok and Sattahip ports to attract foreign exchange. Pag« II THE SHIPPING subsidiary of Spain's Banco de Credlto Industrial, Sodedad de Gestion de Buques (SGB) has sold 32 of its fleet to a US buyer for US$7O million. P«g«71 words
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Advertisement717 1987-06-09 17 BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS Agent: Singapore Soviet Shipping Co fte Ltd. TEL: *****33 MAERSK LINE EUROPE The Direct Line Towards A Weekly Service Voy «*Por» Th« MM Piantm Closing Tana CY 11/6 0200 MRS CFS 10/6 1600 MRS PLANTtN (712 11/6717 words
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Page 18 Advertisements
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Advertisement537 1987-06-09 18 "K" Line's Sea Rail service brings your North American Markets a whole lot closer rjQdays to the West Coast 17days to Chicago Transit times from Taiwan on «K" Line'* PSW route. Seattle Chicago New York 0 Taiwan Singapore Port Kelang Japan LongVBeach When it comes to moving cargo in volume537 words
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Advertisement17 1987-06-09 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement298 1987-06-09 18 a SENATOR UN IE TEL- 534-1477 FAX. *****23 ACCEPTING CARGO TO SAN FRANCISCO, LOS ANGELES, SAVANNAH, TAMPA, CHARLESTON, NAM, BALTIMORE NEW YORK. OTHER OEST PORTS ON REQUEST. INBOUND FROM EUROPE ARRIVAL DATES EUROPEAN SENATOR EE DUTCH SENATOR EF BELOAN SENTOR EE GERMAN SENATOR EE FTmrrrTTTTwii m ITT EE M I298 words
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Page 19 Advertisements
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Advertisement877 1987-06-09 19 Jggp :> The Straits Steamship Group 77 Mansfield Container Shipping Pte Ltd STRAITS SHIPPING Singapore to Sibih, Smwik, Brunei Ports and Bangkok n6/\r«f P&O 1 iXVAoL Containers Limited COHTMCKHP SBMCE TO UK/COHTMHT:) COQTAIHERSHIP tf»VICB TO/FRO— BANGKOK rra*t nuw K6ASUS PRIDE V4BSN In P«rt-M Am 12-13 Am PEGASUS PRIDE V4B4N M-17877 words
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Advertisement708 1987-06-09 19 CHARCEURS REUNIS Sport P.Kalm HAKATA MAJtU IS Jon If Jm ■EDITERRANEA 22 Jm 23 Jim CftlW tar GuaMaup*. Itartintp 1M 5 Jut f Jul U Jul la Jul 12 Jul 13 Jul MM 11 On— TAINER SERVICE 1 NEW OASIS Z amx nonet* z NIPfONKA CR KOK 1 (MED CLUB708 words
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Page 20 Advertisements
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Advertisement211 1987-06-09 20 CONTAINERSHIP SERVICE TO UK CONTINENT CCNV SEMI CONTAINER SERVICE TO EUROPE SPOKt H'BURC ROAM ATKKf IMMINGHAM I*7 11* 14 214 I*l CONV SEMI CONTAINER SERVICE TO MED EUROPE CONTAINERSHIP SERVICE FROM UK CONTINENT Singapore *****66 K. Lumpur *****2S Booking *****78 P. Kelang *****18 Freight *****00 CFS *****50 CFS *****48 Penang211 words
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Advertisement610 1987-06-09 20 *S I K.S.L.INE tutti t**f* FULLY CONTAINERISED SERVICE rlO FUROPt VIA SUEZ "1 Mfmb ol ,hf cf Consortium S port LaMavra F(tow* H'burf O't»a»on Antworp LIONS CATC MIDGE S2W 10* 29/6 3M 1/7 4/7 *7 W ORIENTAL CHIEF SM VH 6/7 7/7 1/7 U/7 12/7 14/7 KOREAN JACEJIN Ml WWW610 words
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Advertisement456 1987-06-09 20 K&S LINE JAPAN/HONG KONG/SI HAI IS StHVIlt SANKYO LINE (S) PTE LTD. 143 Ocd Street xr 10 04 Gfl Buildmi! S po>f 010b lei .V1975S Port Kelanj li{a P«ia St«pp«i{ Sdo rttxl lei 03 *****74 S Peking Malarsia Irade transport lid Ifl 04 *****3 Pas* uiidanf Malaysian Sf»ppmf l(enaev Sdn456 words
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Advertisement1072 1987-06-09 20 EVERGREEN full CtVilirivi Sf/uv Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) W HK FU ROM AN* LNV NYC NFK CMS KSN TYI EVER GUARD 11* 2/7 4/7 *7 7/7 VJ 17/7 I*7 2*7 23/7 14/1 li* 17* 20* 22/1 2M 2*6 EVER GOING 1* *7 Up 13p lift 15/71,072 words
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Page 21 Advertisements
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Advertisement669 1987-06-09 21 PACIFIC INTERNATIONAL LINES Vw\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE a I 3IN JKT MY SIN HKQ KAO KEE 'NUN *HTC *V«t NGO KOG MI6 SM 11* 1M 17» n/o a/s as/* vr *rr *n in rut rut rut w in %n669 words
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Advertisement789 1987-06-09 21 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT S TOW P.KLAMG STON HAM I HAVtN ROM HAVRE MiaM b*t 12* ip 1/7 V 7 a* v Kiraaafere 12/1 M* 1/7 IP IP V V hum an OH IP VP UP UP HP Livareaal Ray a* M* UP UP UP UP VP789 words
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Advertisement441 1987-06-09 21 DJASAGETRI A Joint Europe Sorvtoo Of: P.T. DJAKARTA LlOri P.T. BESUII LLOYD P.T. SMWDQU MRU P.T. TMKOH U«YI isl MIW VESSEL/VOY SPORE BILBAO BREMEN A'DAM/R'DAMH'BURC MATARAMMBB hi Pt-K33 5/7 1/7 EWFUMn u-a* ap ah KUTAI/12MB 3R/6-2/7 HI tt 5 S. PAMJAMG/MMB IS-17/7 21/1 Mfi 27/ i CAUDA BHMTI/IMFB 21-23/7 26/1441 words
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Advertisement399 1987-06-09 21 BOUSTEAD SHIPPING AGENCIES PAGAN VLI4W PA-AN VIUW BURMA FIVE STAR (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 1/14 Jum 12/14 Jum 15/17 jum 11/13 Jum IV2D Jum BANK LINE CLYDEBANK V2DN In F TAMAITAI SAMOA V.ION 27/6 FORTH BANK VI9N 4(7 (CAI IVYBANK VI9N S/7 SPORE ROAM399 words
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Page 22 Advertisements
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Advertisement1304 1987-06-09 22 ATLAFITIC COAST (Round-The-World Service) •PK/PNG RAINBOW BRIDGE V 7 Sid 12 jg N. GARNET V 9 12 Jun IS j u 0. FREEDOM Vl4 19 Jun 26 Ju •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL RAINBOW BRIDGE V 7 N. GARNET V 9 0. FREEDOM Vl4 "VIA FEEDER PACIFIC fIDRTH -WEST1,304 words
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Advertisement647 1987-06-09 22 J CI MJSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL CowHlmfi 'RAMOAS" IX I4HW SJm IMr (Ml M*Bra UABAR *35 19 Mw "CHAW) IDAS" V2t 21 Mm 12 Mr 21 Mr 11 Mr Add/Bra iTECLIPPER *15 7My "HABIRDAS" <JS 16 Jutr 30 Mr I A«j (Ai« AM/Bra ILABAR VJt 25 Mr "RAMOAS"647 words
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Advertisement646 1987-06-09 22 GOLDEN LINE WK 6>i GUAM GUAN SHTfMG (PTE) LID V 23 «r» sm< IP T -VJ murm iim ra. mm» m i») FU: M STRAITS/PERSIAN GULF SERVICE: rpor, PR***. GOLDEN HAVEN CatomtKVKandM/DubM/OwMwn 11/U June— GOLDEN WONDER Cotanbo/KjricJH/Oub*/Ol»w»««i VI My CHINA SERVICE TUN SHAN H»nkan| la CHINA OCEAN SHIPPING CO., PEKING646 words
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Advertisement349 1987-06-09 22 BPHIIURON SHIPPING AGfNCIfS Plf I W PHI! I OR UN J I IMS Plf I IP Hf»' 'HIM P r ieWf«l (M»£ a -i *1 *f o 10*-' Hi H R', fc 70 FHIl! EAST/FAR EAST FCL LCL SERVICE ETA SINGAPORE DESTINATION a EAST/WEST AFRICA/MED PORTS SERVICE —iiji.V n ma349 words
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Page 23 Advertisements
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Advertisement569 1987-06-09 23 Agonts S port Tal No &NOL NEPTUNE ORIENT LINES LTD rr? P.Kalang K Lumpur NEPTUNE AGENCIES PTE. LTD FE EU/AUST TPA/SIA TtrmiMl CFS BOOKINGS *****53 27»»«2 mm, mm ggj g»» NEPIINC Sim. BHO. mm KmkSbßS NEPLINE SON. BHO. M ***** EMQU NEPLINE SON. BHO. 62«85/6276i0/*****1/*****2 NEPLINE SDN. BHD. 23MM/23M41 m569 words
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Advertisement465 1987-06-09 23 IHEUNG-A SHIPPING Korean Flag Vessels OQNAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON S port Pananf P Ktijnf Buaan Moji No I oonjm/7QM In Port 11A No I Oonam,7WN M/t 21/1 EMorprW7llN 2V» No 7 Oonam 70S* 2/7 No Dor\am 1/7 No C Oon*m/707N IS/7 No I Donom/70M465 words
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Advertisement637 1987-06-09 23 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANC WMH U/S HANDLING SYSTEM CO SON BHD MESSRS HAI THONG SHIPPING 127 Paw* StrwL Pwt M^rsii637 words
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Advertisement64 1987-06-09 23 FERI MALAYSIA SDN. BHD. RDRO CONTAINER PAI If TISfD WfEIKI Y SfRVICF 10 KUANIAN KUC.HING K MNABAIU AISC ACCEPTING SUE DRIVEN HEAVY VEHICLES REGULAR DEPARTURE ON "CRUISE MUHIBAH" SPORE KUANTAN KUCNMQ HOT A mm mm mm mm 12*0 ivoo um mm tiM mm rim am mm xrm mm mm 10*764 words
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Page 24 Advertisements
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Advertisement389 1987-06-09 24 SINGAPORE SHIPPING CORPN.(PTE) LTD. TEL: 225 6868 (30 LINES) TELEX: RS ***** A/B SSCMA, RS ***** A/B SSCAD Vfcß DEUTF RACHT/SEE REEDEREI ROSTOCK FORTNIGHTLY FULL CO TO EUMK i; «rTTi Cm Cm VJiMM E2II i n; i '■W •VIA COLOMBO: Acceptingcargo for INDIA Bombay, CochinlMK EAST AFRICA Der-Es-SalMm, Mombasa ft389 words
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Page 24 Miscellaneous
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Miscellaneous167 1987-06-09 24 fi. Regional Weather 4 •*v> a 'A H r Li n ;W\ 1 k--Ifi I SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c/* Wind direction with speed in knots Wove height One half fleche represents 5 knots R Thunderstorm Temperature c Shower Weather Wind direction with speed167 words
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Page 25 Advertisements
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Advertisement270 1987-06-09 25 Will CALL us fW PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR 04 *****2/4, *****3 07-*****8, *****8, *****S 07-*****1, *****3, *****5, *****0 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE FKDER 1 tTP MTHR VSL KORRICAN 171 ill TT7T I. 8 BUTANC 347 TTTI 111".""'." OTHER DESTINATIONS: AARHUS, AMSTERDAM,270 words
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Advertisement242 1987-06-09 25 MN CONTAINER LINE IRA 14 6 T0: WLB, OAK/SF, N.YORK 21/6 LA/LB, OAK/SF, N.YORK ACCEPTING LCL/FCL TO ALL PORTS/IPf TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR, CONAKRY IX X* ABIDJAN, LOME 22/6 25* CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE. LUANDA Bookings: MAC-NELS AGENCIES PTE. LTD. Tol: *****44242 words
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Page 26 Advertisements
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Advertisement387 1987-06-09 26 f? FARGO SHIPPING COMPANY (PTE) LTD* REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINE R LINE From USA/Canada/Europ«/M«dH»rranMn |EB ES ESS HMI KB EM EM EM E E31E231 EH E2H l L HUDI6 BRUSSEL ANTWERP ETA SINGAPORE BUNGA KEMUNING 10BNA 10-11/6 PIYA BHUM 90N 10-11/8 BUNGA387 words
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Advertisement290 1987-06-09 26 Alk'k a Ocian Liwts Lid. d i ;l lW!i ACCEPTING FCL/LCL BREAKBULK TO: LAGOS/ APAPA, PORT HARCOURT, WARRI, CALABAR, SAPELLE, TEMA, CONAKRY AND OTHER WEST AFRICAN PORTS VESSEL TBN M/V EKESOS ETA SPORE 29/6 6/8 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMkCOWTAHER SERVICE TO Gereral Agents290 words
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Advertisement158 1987-06-09 26 EM SAILINGS EVERY MONDAY ACCEFTMQ CARGO (LCL FCL) FOR: DAKAR. FREETOWN, MONROVIA, ABIDJAN, TEMA, LOME, LAOOt DOUALA Sinp tpoft* fiv'.Mit-v HAKKI SIMI DARHY SHIfTINi, fit lilt I*l S iSIOXX SiS. IZUMI LINE REGULAR SERVICE SPORE/BANGKOK MV WAKAYU (BLT 1982 Semi-Container) VOY SPORE BANGKOK SS 23-25 JUNE 2»-» JUNE S| 2-3158 words
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Advertisement388 1987-06-09 26 Iff I* 'WB' Mitsui OS K Lines Ltd CONVENTIONAL/SEMI-CONTAINER CONTINENTAL PARTNER VOY. EABI2A 20 Jun Mombasa, Daressalam GLORIA PEAK VOY SWA34A 1 Jul Port Louis, Reunion OCEAN ELITE VOY. EAA34A 7 Jul Mombasa. Daressalam Tanga SUBJECT INDUCEMENT Beira. Tamatave AFRICA'S NO t aj>Wil X KT FULL CONTAINER SERVICES SEE MONDAY.388 words
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