The Business Times, 17 August 1987
1987-08-17
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The Business Times
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Title Section12 1987-08-17 1 BUSINESS TIMES M.C. (P) No. 112/12/86 MONDAY, AUGUST 17, 1987 75 CENTS12 words
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Article, Illustration452 1987-08-17 1 ALVIN TAY - By ALVIN TAY, Banking Correspondent AFTER THREE YEARS of a steady decline in their motor loans business, finance companies are now confident that the upturn seen in April and May will be sustained for the rest of the year. Figures released by the452 words
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550 1987-08-17 1 AMY BALAN - By AMY BALAN THE SECURITIES Industry Council (SIC) has cleared United Industrial Corporations (UIC) proposed bid to take over First Capital Corporation (FCC). SIC. the official watchdog over the securities industry, confirmed that UIC need not provide a cash alternative for550 words
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Article, Illustration627 1987-08-17 1 FOO CHOY PENG - Religious strife could rock the boat By FOO CHOY PENG, Chief Reporter THE NEED for Singapore to handle its political problems right so that it will continue to enjoy economic growth was underscored by Prime Minister Lee Kuan Yew last night. In a televised627 words
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452 1987-08-17 1 AFP, Bernama INDONESIAN Foreign Minister Mochtar Kusumaatmadja has denied that foreign ministers of the Association of South-east Asian Nations have set a condition on talks to end the Cambodian conflict. He was speaking in Jakarta on his return from a BangkokAFP,; Bernama - 452 words
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Article197 1987-08-17 1 UPI CHINA'S exports soared by 35.3 per cent in the first seven months of this year to US$2O.2 billion, the biggest increase of any comparable period in the country's history, the official media said. Saturday s reports gave no import figures. Xinhua News Agency, quotingUPI - 197 words
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Page 1 Advertisements
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Advertisement312 1987-08-17 1 Need a housing loan? 'AYFOOiNG 737-7977 iljl Wa\ kxxig Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank h Claymore Hill #034)1 Claymore Plaza Singapore 0922 WARS, REVOLUTIONS, insurrections and labour unrest are often in the newspaper headlines these days. Companies operating overseas, or planning to do, run the312 words
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Advertisement357 1987-08-17 1 NICs versus America THE NEWLY industrialised countries of Asia, including Singapore, will have to learn how to deal with American policymakers who see their interests threatened by competition. Even if not a single protectionist measure mooted by Congress becomes law, major adjustments will be required on the part of the357 words
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Advertisement138 1987-08-17 1 A-OWE BOUTIQUE PTE LTD L'ANG C<X*T COMPLE* 177 *fV£P WIEV «OAC UNIT 02-tf S*GAf»O«E 0617 TELEX *S3BK» ACCG< Tfi Excelling through balanc* in cooperation, compotttion So* Bock Pago Because of Atsuko's determination, no other airline can offer you this: ►> k <<>) <<> ►i 'V I u .0 THE JAL138 words
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MANAGEMENT
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Article, Illustration1511 1987-08-17 2 WILLIAM CHIA - Wars, revolutions, insurrections and labour unrest are often in the newspaper headlines. Companies operating overseas, or planning to do so, run the risk of losing their enormous investments. How can they assess and reduce such risks? WILLIAM CHIA discusses the strategies with two risk specialists.1,511 words
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Article661 1987-08-17 2 TONG SUIT CHEE - By TONG SUIT CHEE POSITIVE ATTITUDES toward good personal service start with every member of a company having a good sense of well-be-ing. A company can create an advantage over competitors by encouraging this positive attitude and by providing an environment where people can express661 words
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Article, Illustration1781 1987-08-17 3 ISAN CHIRA - Success of a bustling, risk-oriented comply known for innovation Aggressive and innovative, thlonda Motor Co has emerged as a superstar among the wos multinational corporations. Its manufacturing factories in ia, Europe and the United States have been turning out ih-quality products and sellingNYT - 1,781 words
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Article181 1987-08-17 3 IN THE THIRD trading period of the National Management Game organised by the Singapore Institute of Management, ICL and Business Times, 23 companies incurred losses while 92 returned profits ranging from $69,000 to $1.9 million. Due to the forecast of some decrease in market interest, the181 words
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557 1987-08-17 3 Reuter FOREIGN BUSINESSMEhfcod first impression: often blanch at the prospect "The bow is properly of being sent to Japan.cecuted from the waist, They consider its marketsith the arms at one's impregnable and its busi-Jes and thumbs parallel ness customs baffling. the seamReuter - 557 words
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Page 2 Advertisements
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Advertisement374 1987-08-17 2 CompuHr* an) Connuiuhom r k r APCIV POWERMATE 1 APCIV POWERMATE 2 APC IV m. >1 > >' w > ideal for homes and small businesses the ultimate for scientific. des.gn, CAD CAM. sets the standard for NEC AT compatibles 1 1 w i y-v w i compact, economical versatile374 words
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Page 3 Advertisements
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Advertisement80 1987-08-17 3 JLW Property Invesient Services Robinson Centre S3LD Cecil Point SOU) Now what can Jones Lang l/ootton do for you? Finding buyers for commercial buildings, residential properties,velopment sites, hotels, etc, undertaking valuations feasibility studies on inves;nt opportunities in real estate in Singapore worldwide these are some :he services we provide Put80 words
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Advertisement80 1987-08-17 3 Tlie German Experience with the Distinction *4 V 3^rW-. ml > Experience the timeless pleasures of dining on authentic German cuisine; specialities from the Baron's own smokehouse and roast spit. Or on international a la carte cuisine. At the Baron's Table. Simply the best in town Royal &nv\: Singapore 2580 words
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ASIA-PACIFIC
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513 1987-08-17 4 Pledge to fight for global disarmament AFP PRIME MINISTER David Lange of New Zealand yesterday ruled out a return to the Anzus pact linking New Zealand with Australia and the United States and pledged his new Labour government would keep up the fightAFP - 513 words
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Article, Illustration191 1987-08-17 4 Reuter COLONEL Sitiveni Rabuka, who led a military coup in Fiji in May, has signed an agreement with an Australian company to publish a "warts and all" autobiography. "Some people are born great, some achieve greatness and some have it forced upon them. IReuter - 191 words
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172 1987-08-17 4 AFP CAPITAL investment by Japanese industries this year is expected to rise 6.5 per cent in real terms over 1986, the governmental Economic Planning Agency said in a survey report. The expected improvement in plant and equipment investment in calendar 1987 follows a dropAFP - 172 words
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342 1987-08-17 4 AFP BRISK EXPORTS ancreased private investment Expected to push Taiwan'aonomic growth to 10.61 p«nt this year, above the 8.5 pent target, economic officiiaid last Saturday. The country's ecoy is expected to grow 10.38 cent in the third quarter of following growths of 11.8 rentAFP - 342 words
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126 1987-08-17 4 Reuter VIETNAM has exter private enterprise reforms tlow private shipment of papers and goods, a potential t for the communist state's qy transportation network, thite radio said. A reform r«tly announced in Hanoi duraged private individuals coups to operate vehicles for profit under state protection, theReuter - 126 words
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338 1987-08-17 4 UPI THE CHINESE Communist Party has ordered the resignation of eight well-known liberal intellectuals in a major purge apparently initiated by hard-line party leaders, Chinese sources said on Saturday. One of the intellectuals, playwright Wu Zuguang, said Hu Qiaomu, a member of the rulingUPI - 338 words
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107 1987-08-17 4 NYT THE SRI LANKAN government on Saturday delayed its expected declaration lifting the state of emergency in northern and eastern provinces, where Tamil separatists fought a bitter four-year guerilla war until last month. The peace accord signed by Sri Lanka and India on JulyNYT - 107 words
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377 1987-08-17 4 AP PRESIDENT Hosni Mubarak on Saturday rejected a proposal by Israel's Prime Minister for regional Middle East peace talks, saying he will accept nothing short of an international conference involving the big powers. Mr Mubarak did not mention by name Prime Minister Yitzhak Shamir,AP - 377 words
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Article858 1987-08-17 4 ARRIVALS ••rotor dtrvicf Local From 1 numbor tinw son 0045 LAX/NTT UA805 0045 SFO/HKG FT73 0046 LAX/SFO/ANC/ NRT/OSA/TPE 5 MH621 0140 KUL SQ41 0615 MAA SQ691 0650 KHH AC580 0700 YYZ/BRU/DXB 5 MM601 0720 KUL GA1207 0800 JED/SHJ SQ43 0805 DHA/BOM S MH681 0820 KUt GA1 307858 words
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Page 4 Advertisements
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Advertisement297 1987-08-17 4 Gold is the one commodity that has long been valued as the basis for sound financial planning. Esteemed for its enduring value, gold has proven to be a long-term insurance against monetary, political, and social uncertainty. Investors are generally advised to include a Certain percentage of gold in their portfolio.297 words
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Advertisement33 1987-08-17 4 The business person's choice, every Tuesday. Thursday, Saturday and Sunday Leaving Changi Airport at 22:05 hours and arriving Heathrow early thowing morning. Call your Travel Agent or Air Canada at *****55. AIR CANADA33 words
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REST OF THE WORLD
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386 1987-08-17 5 UPI A HIGH-LEVEL US trade delegation today opens a week of talks with Japanese officals after months of economic conflict and unabating US trade deficits that both sides predict will overshadow any progress. The US mission, led by Un-der-Secretary of Commerce Bruce Smart, will beUPI - 386 words
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Article261 1987-08-17 5 AP AMERICAN House of Representative member Don Bonker said the federal government knew of a number of cases that involved illegal sales of advanced technology to communist-bloc countries by Japanese firms. Bonker, chairman of the House Foreign Affairs Subcommittee on International Economic Policy and Trade,AP - 261 words
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230 1987-08-17 5 AP SAYING that Americans "Do not bow to intimidation," President Reagan vowed on Saturday to stick by US commitments to protect shipping in the hazardous waters of the Persian Gulf. On Central America, he said the US will continue to seek a negotiatedAP - 230 words
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Article, Illustration114 1987-08-17 5 Reuter AN AMERICAN government engraver secretly etched a tiny six-pointed Star of David onto the metal die of a one-dollar postage stamp, prompting a review of hundreds of such dies, the Treasury Department said on Saturday. Spokeswoman Susy Howard said theReuter - 114 words
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85 1987-08-17 5 Reuter AN AMERICAN electronics company said on Friday it had developed a system to keep tabs on potential terrorists using advanced television and computer technology. William Raub, president of Speciality Marketing Concepts of Virginia, said the system involved tiny television cameras that could be mounted onReuter - 85 words
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352 1987-08-17 5 NYT CHARGING that 15.000 Libyan troops were massed on his country's northern border, the President of Chad said on Saturday that the two nations could be in for s long psriod of border wsrfars. The Libyans have considerably reinforced their troops inNYT - 352 words
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602 1987-08-17 5 Trade deficit widens, industrial output up AFP THE US economy sent confusing signals to investors last Friday as the government reported possibly its worst-ever trade deficit, but tempered that with the good news that industrial production and business sales were up and inflation wasAFP - 602 words
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163 1987-08-17 5 AFP SCIENTISTS from seven nations began an experiment last Saturday that will use the continent of Antarctica as a giant laboratory to study the earth's disappearing ozone layer. Two years ago, British scientists announced that a hole appeared to be developing inAFP - 163 words
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360 1987-08-17 5 Reuter SOVIET industrial production is growing at a slower pace than last year, partly because of strict controls introduced to improve the quality of products, according to official data published on Friday. Industrial output grew by 3.5 per cent from January to July againstReuter - 360 words
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138 1987-08-17 5 AFP THE SOVIET authorities have launched a public debate on how to improve what they admit is the alarming state of the country's health sector. Pravda, the communist party daily, on Saturday printed a three-page draft resolution of slated reforms. TheAFP - 138 words
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Page 5 Advertisements
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Advertisement43 1987-08-17 5 If Indonesia did not exist, surely nobody would invent it." The Economist's Indonesia Survey paints a picture of a complicated land laced with contradictions, opportunities, and impossibilities. Find out more in this week's issue of The Economist. IMMMNN Indonesia Survey; Nbvv on sale.43 words
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Advertisement6 1987-08-17 5 Toshiba knows about violations, Paga 176 words
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Advertisement104 1987-08-17 5 J i» f V if- 7* J iiX 3/ r 4 sn :i i <•* -r -i *r< m "l* «W f s 5 'Emmwm Scoring and winning in the real estate business is as important as it is in football. And it takes a good team —dedicated, well-trained professionals104 words
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Page 5 Miscellaneous
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Miscellaneous85 1987-08-17 5 City Max/ Note Ml (*C) Moscow 21/13 Cloudy Nossou 33/24 Clear Naw Delhi 32/23 Clear New York 33/21 Hazy Nicosia 39/22 Clear 0»k» 15/11 Cloudy Paris una* Parih 18/09 Fin* Rio 'Janeiro 37/19 Clear 'o«» 31/18 Sunny Son Frb'co unov Son Juan 32/25 Otar SanMogo unov Soo Paulo 31/22 Clear85 words
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Miscellaneous71 1987-08-17 5 Doonesbury -ANDFtOMTCOTIHUeCAN IHH&S MJORP THAT HUNPREPS OF'SPIRITUAL J S&XERS'ARE ARRMNG 1 to observe sunoms HARMONIC CONVER- r GENCEf m 8 \*k f A 25 *r UK m BY GARRY TRUDEAU BELIEVERS IN THE CONVERGENCE HOLP THAT ME ARE ON THE THRESHOLD OF A NEW AGE. THEY HARN OF UMPESPREAD PEJA71 words
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MONEY AND EXCHANGES
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470 1987-08-17 6 NYT A LATE RALLY raised prices of Treasury securities last Friday after the US bond market was battered early in the session by a government report of an enormous US$l5.7-billion trade deficit for June. Dealers said that most of the early selling cameNYT - 470 words
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612 1987-08-17 6 Reuter THE EUROPEAN Monetary System's (EMS) joint currency float is showing renewed signs of tension, which could lead to a major realignment within the next few months. Most analysts expect an adjustment to take place after the annual IMF/World Bank meeting in late SeptemberReuter - 612 words
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394 1987-08-17 6 Reuter A FEDERAL RESERVE Bank ruling to let US banks buy 100 per cent of certain non-finan-cial companies in Third World debtor countries may breach the wall between commerce and banking, said banking experts. The Fed ruled that banks may liftReuter - 394 words
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352 1987-08-17 6 Bernama ES THE MALAYSIAN capital market should tap the rapidly growing foreign retirement and insurance funds that are looking for portfolio investment opportunities, a merchant banker said on Saturday. Datuk Malek Merican, managing director of Arab-Malay-sian Merchant Bank, said Malaysia can benefitBernama ES - 352 words
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Article, Illustration476 1987-08-17 6 Indicates the average of the prime lending rates of 12 major banks in Singapore PLR of bonks at the close of business on Friday, Aug 14 as supplied by the Association of Banks in Singapore. BANK PLR Algemene Bank 6% Allied Irish Bank PLC 6V4 American Express476 words
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880 1987-08-17 6 INDEPENDENT of the potential support of political factors, a positive US dollar trend although not quite euphoric materialised and set the tone on the foreign exchange markets last week. Bolstered by positive employment figures in America, the markets were characterised by renewed880 words
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Article213 1987-08-17 6 Asian market ASIAN CURRENCY average deposit rotes for 1 rtie week ended Aug 14 BIO PMCES Htgh Low US t 7 doyt 6 5/8 6 1/2 1 month 6 5/8 6 5/8 2 monfhj 6 7/t 6 13/16 3 mmittu 6 15/16 6 7/8 6 months 7 1/8 7 1/16213 words
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Article30 1987-08-17 6 The range of call rates for me week ended Saturday, August 15: Bonk fund 2 2.8 G*n fund 2 3 of funds M$2,064m Source: Short Deposits (M) Bhd30 words
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349 1987-08-17 6 Green Collier GOLD PRICES fell sharply last Friday to tha lowest > level in three weeks. New York's Commodity Ex-" change, spot gold settled at US$452 an ounce, about $2 over the previous* Friday's close. The metal initially ros*-> to US$46l on release of.'Green & Collier - 349 words
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247 1987-08-17 6 Commercial Discount Co Ltd IN A HOLIDAY-shortened period, the market opened last week on a cautious note as dealers awaited the imminent announcements of two fresh issues the five-year note and one-year Treasury bill. June 1. 1989, opened at $99.50-$99.60 andCommercial Discount Co Ltd - 247 words
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Page 6 Advertisements
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Advertisement42 1987-08-17 6 it; s s in s e si? a e kVii WITH EFFECT FROM WEDNESDAY, 19 AUGUST 1987, WE WILL BE LOCATED AT 'BHARAT BUILDING' 2, D'ALMEIDA STREET SINGAPORE 0104. TELEPHONE: 534 3511 TELEX: RS ***** IBBRAN TELEFAX: 533 1651 k T* n42 words
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Advertisement75 1987-08-17 6 V IN r our musical dynamos from the Ptukppmes are now making waves at the Cathay Restaurant You'll like what you hear, and hear what you like The soothing, satm sounds that distinguishes Cathay as the Chinese restaurant with the international supperclub ambience Come experience this wonderful combination of sumptuous75 words
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BANKING AND FINANCE
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Article, Illustration543 1987-08-17 7 FT THE LONDON International Financial Futures Exchange last week suspended nine traders and exacted fines totalling £91,000 after a seven-month investigation of schemes in which profits were shifted offshore by means of illicit trades. The penalties are by far the mostFT - 543 words
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511 1987-08-17 7 AFP JAPAN'S postal savings system is investing abroad for the first time since 1945, emerging as another Japanese force wielding significant investment clout in world financial markets. The Ministry of Posts and Telecommunications (MPT) has allocated for foreign investment two trillion yenAFP - 511 words
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501 1987-08-17 7 Reuter MEXICO has signed an agreement with foreign creditor banks to reschedule about US$9 billion in private sector debt. The interest rate margins and other terms were agreed in principle last fall as part of a wider US$77 billion new loan and rescheduling package. TheReuter - 501 words
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314 1987-08-17 7 AP MEXICO, flush with new bank loans, unexpected oil revenues and greater export sales, has built its international reserves up to at least US$l5 billion, analysts say. Just a year ago, the country was running low on cash after international oil prices tumbledAP - 314 words
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Page 7 Advertisements
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Advertisement259 1987-08-17 7 on uftM a a aa kn r*, Jr- '7 sl NISSAN PULSAR T <f-r YEAR PIiKAX I <- im—in PULSAP v PULSAR vT/ 111 PULSAR Rll •Ml UlliLlJirvsilft IJ«IJIii IJM ijikMin •UV« ■I IJtfl lip; ic •IV. I y 9TA *'T? 13 '-TT PULSAR HISS AH Ul S/\ n N)<259 words
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COMMODITIES
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406 1987-08-17 8 Prices likely to continue slide Reuter A RISE in Opec production well above the cartel's quota could mean oil prices will continue a month-long decline, according to oil analysts and traders. Prices have been falling steadily from a high of U5522.76 four weeks agoReuter - 406 words
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315 1987-08-17 8 Reuter THE SOVIET UNION is conducting experimental nuclear explosions underground to extract oil from deep layers of rock. Alexei Zolotov, the head of the Soviet Geology Ministry's Oil Gas Administration, said last week a nuclear explosion in the Eastern Siberian region of Yakutia lastReuter - 315 words
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170 1987-08-17 8 Reuter FUTURES TRADING in cotton in India will resume next month after a gap of 21 years, according to a spokesman for the East India Cotton Association (EICA). EICA adviser 0 Damle said the first cotton contract for January 1988 delivery wouldReuter - 170 words
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417 1987-08-17 8 Reuter LATE IN South-east Asia's usual rainy season drought, bugs and now a typhoon threaten the fragile rice-bowls of Indochina and Thailand's normally abundant food exports. Peasants in Thailand, Laos, Vietnam and Cambodia depend on the start of monsoon rains, usually in May orReuter - 417 words
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204 1987-08-17 8 AP THE UNITED NATIONS Food Agriculture Organisation expects this year's world cereal harvest to fall from last year's level partly because US farmers have cut Pack on plantings. But the FAO also predicted last Wednesday that overall world supplies would remain abundant because recordAP - 204 words
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939 1987-08-17 8 AFP EVENTS in the Middle East continued to distract commodity traders the whole of last week, which was marked by a spate of central bank moves to curb the US dollar's advance. This factor, together with the strike by more thanAFP - 939 words
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Article330 1987-08-17 8 Bernama ES MALAYSIAN crude palm oil futures closed higher in active trading on the KLCE last week following India's purchase of 55,000 tonnes of RBD palm olein. Spot month September closed MsB higher at Ms7oB a tonne. Encouraging advices from the Chicago Board of Trade and the RotterdamBernama ES - 330 words
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Article119 1987-08-17 8 THE PRICE of tin on toe KLTM ctooed mixed to «toor last week wfth Km imM fetching MSK.M a kg, down 28 conts from tho previous wo«k. Tho lowor Europoon •pot tin market coupled whh lock of strong buying support lorgoly duo to stofMng'a wakniaa against to* ringgtt119 words
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Article154 1987-08-17 8 Bernama ES CONTINUED weekend covering helped the rubber market to close firmer last week at 260.50 cents a kg for September Int One RSS. up four cents from the previous Friday. Higher Singapore and Japanese advices prompted late speculative support towards the end of the week but trading remainedBernama ES - 154 words
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Article166 1987-08-17 8 Chinese Produce Exchange noon doting prices on Augu* 15 (SI/100 kg) Coconut oil Mr K» 95.00 OW drum FOt 105.00 N«w drum FO# 109.00 Copra Mixod (Ioom) 56 Pepper Muntofc wMto FOB NLW Cm M 1185.00 dOrOWOK WTWtf FO* foq NtW 1170.00 Sorowok tpadol Woek FOB NLW 935.00166 words
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Article330 1987-08-17 8 London Commodity Exchange Buyer/Setter doting prices on Aug 13 (£/torme u inlets specified). Previous doting prices in porentheste. (Friday's prices were Coffee no* available) Rows In-store London, setters option CIF London S*P 1262/1264 High/Low (1274/1276) 1276/1258 Nov 1285/1286 High/Low (1299/1302) 1299/1279 Sates (2859) Cocoa S*P 1254/1255 High/Low (1265/1266)330 words
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Article165 1987-08-17 8 WHEAT FUTURES on the Chicago Board of Trade closed firm last Friday on or near the session highs with prices up 3!4 to one US cent a bushel. December closed up 3% cents at a new session high of U552.84%. Good preweekend buying by commercials and commission houses helped165 words
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Article166 1987-08-17 8 SOYBEAN FUTURES on the Chicago Board of Trade closed on or near the day's highs in all months last Friday, except nearby August, which ended steady. Prices were up five to three US cents per bushel. November made a new session high of US$5.O3 and then eased to finish166 words
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Page 8 Advertisements
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Advertisement73 1987-08-17 8 TfigKT»T»T *Fw»» Beckman Lecture ()n \M \N International V\ unties Markt/i organised by Sterling Corporate Services. Mr. Robert C. Beckman w m iV O M* (MM IP- Malaysian Airline System. Dharmala (iniup of ompanies, Indonesia. Kuala I-umpur Mutual Fund Herhad. Schedule Singapore 31st August 1987 Sheraton Tbwers Jakarta 2nd September73 words
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Advertisement73 1987-08-17 8 Coffee at UCC Fountain Cafe. Groom up at Saloon de Vamano. Lunch at l\ing Lok Shark's Fin. Grab a novel at Books Kinokuniva. Shop at Daim^iru Dept Store and Supeniiart. Work out at Riverside Fitness Centre. Dine at The New Otani Trader Vic's l T n\vind at your apartment in73 words
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FOCUS
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Article, Illustration905 1987-08-17 9 EVA KALUZYNSKA - Britain Japan's springboard to Europe The UK has attracted a third of all Japanese investment in the EC, a cumulative US$4.l2 billion by end-March 1986, and the size of Japanese interests in the country is still on the rise. A big surge of arrivals followed the so-called Plaza Pact inReuter - 905 words
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739 1987-08-17 9 AFP THE YEN'S appreciation has J sharply boosted the influx into Japan of illegal workers from J South-east Asia, but for many of v them, life in the Land of the Risf ing Sun is not as happy as they expected,AFP - 739 words
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Article, Illustration533 1987-08-17 9 NYT TOKYO'S well-known stratospheric cost of living inflicted its most serious diplomatic casualty the other day when Uganda's embassy shut its doors. Neighbours watched as a large truck showed up in front of the two-story building in the capital's Shoto sectionNYT - 533 words
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793 1987-08-17 9 The Economist TOURISM is about the only thing in which Japan runs a healthy foreign deficit. Last year, the Japanese spent US$5.6 billion more in traveling abroad than foreigners did visiting Japan. One catch is that much of that deficit lines theThe Economist - 793 words
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Page 9 Advertisements
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Advertisement105 1987-08-17 9 OLYMPICS EUROPE m g>'r»filM 1 J I ■■■■■■■■I ii A WISE CHOICE The fastest from Singapore to Athens, Olympic offers you frequent and convenient connections from Athens to more than 40 worldwide destinations including Madrid, Istanbul, Dusseldorf, Marseilles, Milan, Nicosia and Stuttgart. For enquiries and reservations, please call 225 8877.105 words
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Advertisement143 1987-08-17 9 Oiympic-iength swtmmmg pooi Mm > sSr~ i !fv i K s Resort style full-service accommodation by the sea. Available for a month or more. Magnificent new of i he sea Fully furnished units ranging from one bedroom apartments to penthouses Full-service facilities: TV/VCR/Hi-Fi set/crockery/cutlery/cooking utensils/ glass wear/daily housekeeping/bedlinen and towels/and143 words
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PERSPECTIVE
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Article, Illustration2044 1987-08-17 10 STEVE USDIN - The Americans' frustration with the 'mercantilists trade policies' of Japan is spilling over to Asian NICs, including Singapore. Unless the world economy improves, the trend towards protectionist trade policies is likely to j continue for the foreseeable future. STEVE USDIN files «b L+ from Washington2,044 words
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Page 10 Advertisements
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Advertisement118 1987-08-17 10 A Business Times Survey August 27,1987 fet HX >• Today's executives make it their business to pursue products, services and pastimes that add up to a lifestyle that is as distinctive as it is discerning. In Executive Lifestyle, a special supplement on August 27, Business Times uncovers the latest fashion118 words
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Page 10 Miscellaneous
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Miscellaneous647 1987-08-17 10 CRYPTIC PUZZLE ACROSS 1 To nag wildty in faraway land* <5) 6 Mora goee native (5) 9 Free of politics (7) 10 Young (allow poaaibly bold •bout lova (5) 11 Like an unfortunate goiter's kick? (5) 12 Least broken rock (5) 13 Key atar poeeibiy not conawtent (7) 15 A647 words
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Miscellaneous1217 1987-08-17 10 to am> aaoQQ HAREM 9.30pm, Channel 5 Disguised as a eunuch, Pasha (Art Malik, right) is assigned to Jessica. He tells her of the plan to rescue her, but before it can be carried out, they learn that the Sultan intends to attack Pasha s rebels. Jessica convinces Pasha to1,217 words
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THE ARTS
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Article731 1987-08-17 11 SHAUN KOH - SHAUN KOH 1 OFTEN DREAM of the day that f might be counted among his students. I consider that a privilege. And I understand I'm not the only one who feels that way. Leonard Bernstein exudes such an aura. He is the kind of musical genius who731 words
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Article, Illustration798 1987-08-17 11 SEVENTEEN-YEAR-OLD Elaine Chew could not have known that one simple gesture of musical sharing would lead to another and another... and finally provide the spark plug to ignite a concert series to help Singapore's young musicians. On New Year's Eve a time when it is798 words
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Article, Illustration687 1987-08-17 11 VANESSA LEE - Symphonies in oil a marriage of Hsin Hsin's two loves By VANESSA LEE WHENEVER I LISTEN to beautiful music, 1 get this feeling welling up inside me it's indescribable and intangible and yet so transient. I've often wished I could capture the feeling and keep it with me in my687 words
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Page 11 Advertisements
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Advertisement620 1987-08-17 11 Hongkongßank The Hongkong and Shanghai Banking Corporation Incorporated in Hong Kong with limited liability onsolidated Balance Shoe! a! 31 December 1986 1985 HKsm 1986 HKSm 1986 £m 1986 USsm 1985 HKSm 1986 HKSm 1986 £m 1986 USSm Note Note 7,865 Share Capital 11,746 Reserve Fund 2,271 Retained profits 21,882 9,438620 words
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SPORTS & LEISURE
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411 1987-08-17 12 WALTON MORAIS - By WALTON MORAIS SAMSON GIMSON claimed his seventh title of the season but Kuah Boon Wee signalled that he could be a force to reckon with in the future when the Singapore Golf Association 72-hole championship finished at Tanah Merah yesterday. The 23-year-old411 words
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Article, Illustration320 1987-08-17 12 UPI TOM WATSON and Ben Crenshaw rallied on the back nine last Saturday to secure spots among the final 18 players competing for US$7OO,OOO yesterday in the championship round of the US$l million International Tournament in Castle Rock, Colorado. Watson birdied three ofUPI - 320 words
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460 1987-08-17 13 UPI NELSON PIQUET of Brazil, driving a Williams, retained pole position last Saturday in a rain-hampered final practice session for yesterday's Austrian Formula One Grand Prix. Williams also claimed the other front-row grid berth through Britain's Nigel Mansell, while Austrian Gerhard BergerUPI - 460 words
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299 1987-08-17 13 UPI THE US won five gold medals in track and field competition last Saturday at the Pan American Games and fell short of a sixth when Greg Foster and Cletus Clark collided while leading the 110-metre hurdles. The US charge on a day ofUPI - 299 words
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231 1987-08-17 13 NYT JACKIE JOYNER-KERSEE. who had to convince her husband-coach that she should compete in the long jump at the Pan American Games, proved her point last Thursday night' by matching Heike Drechsler's world record jump of 24 feet 5.5 inches. SheNYT - 231 words
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Article, Illustration479 1987-08-17 13 CHERRIE HOLDER - By CHERRIE HOLDER TAKING ADVANTAGE of the Force Three wind conditions, Kelly Chan clocked three firsts to put himself into title contention in the Kent Funboard series windsurfing championship at the East Coast Sailing Centre last Saturday. The national board sailor,479 words
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442 1987-08-17 13 UPI MIKE TYSON's next opponent has the three tools necessary to upset the young champion: he is tall, with a good jab and a strong chin. If Tyrell Biggs can use those skills and fight a better defensive bout, Tyson could beUPI - 442 words
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Article, Illustration385 1987-08-17 13 Reuter CHRIS EVERT upset Martina Navratilova last Saturday to gain the final of the U*****,000 Women's Tennis Tournament in Los Angeles against West German Steffi Graf, who stood poised to become the new world-number-one. The third-seeded Lloyd outclassed Navratilova 6-2 6-1 for only her second straight-setReuter - 385 words
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Article123 1987-08-17 13 Reuter JIMMY CONNORS and Frenchman Yannick Noah will be working together but not in a coach-student relationship. Connors said in Montreal on Saturday: "During our weeks off we will be practising together and that's going to help both our games." He said he was unaware ofReuter - 123 words
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Page 12 Advertisements
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Advertisement868 1987-08-17 12 |5 T P > Seconds are FREE and all bottle sales enjoy a 30% discount jysf r f HiEMMM RAMON. ex-Blackjack lead singer, entertains with his rich, mellow songs during HAPPY HOUR from spm -7 pm. 4 After Happy Hour, two of the city's hottest bands. NEU PACES and CLASSIC,868 words
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Advertisement160 1987-08-17 12 Tne Belvedere The Belvedere s Italian buffet luncheon. An incredible selection of 60 authentic favourites, from now till September 4.12.00 to 2.30 pm daily: Adult: S3l/Child $15 All prices subject to 10% service charge and 3% govt. tax. The management reserves the right to change the programme. i&fMMtnfl' ith floor160 words
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Page 13 Advertisements
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Advertisement409 1987-08-17 13 in f Enjoy the 3 hour Happy Hour. Mon —Fri,spm-Bpm. 25% off all drinks. Complimentary hors d'oeuvres. Darts and backgammon available. TheWestin Plaza lUfllesChy 2 Stamford Road, Singapore 0617. Westin hotels Resorts THE rCOTL£ AND PLACES OF WESTIN. ADVENTUROUSLY HYATT THECEBU CONNECTION AUGUST 15-31 Admire lovely Filipino designs on Cetou409 words
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Page 13 Miscellaneous
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Miscellaneous15 1987-08-17 13 il ID UJW ;raniLULcKa£ >HfVT'S GOll*G ON? UOrne ON f come onW u)e'(?.e onl_Y in15 words
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MARKET REVIEWS
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Article, Illustration5419 1987-08-17 14 ROSIE TAN - r Singapore P k A By ROSIE TAN WHEN MARKET PLAYERS returned last Tuesday morning, after a long weekend of National Day celebrations, they cheered the good economic statistics released over the weekend with a round of fresh buying. This intensified in the afternoon5,419 words
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355 1987-08-17 14 K.Lumpur m 5 THE KUALA LUMPUR stock market put on a dismal performance last week, contrary to analysts' forecasts and much to the disappointment of investors. The week began bullishly enough but whatever strength seen on the first day soon fizzled out355 words
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Article764 1987-08-17 14 JULIANA TAY - Week ended Aug 14 compiled by JULIANA TAY SCRIP ISSUES MBf Hldgs: Proposed rights issue of one-for-one at $0.50 per share. M Resources: Proposed rights issue of one-for-one at $0.50 per share. Shareholders pay only 31 cents and the balance of 19 cents will be764 words
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745 1987-08-17 15 RAY HEATH - r— London Lila 4 From RAY HEATH In London ARMAGEDDON failed to arrive on the London market last week. A weekend of dire predictions that the previous week's 134.7point fall in the Financial Times Stock Exchange Index (Footsie) was the start of745 words
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Article, Illustration1037 1987-08-17 15 l N j I Hongkong M TRADING on the Hongkong stock market was hectic last week and from Monday to Wednesday, the market continued its rally led by strong demand in second and third liners. The Hang Seng Index recorded a 21-point gain to an1,037 words
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349 1987-08-17 15 AFP THE TOKYO Stock Exchange (TSE) advanced strongly last week, buoyed by a record-breaking performance on Wall Street. The main market barometer, the 225-issue Nikkei Stock Average gained 693.06 yen to close the week at 25,494.01, following the previous week's climb of 312.84AFP - 349 words
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867 1987-08-17 15 m j I ew FT WALL STREET celebrated the fifth birthday of the bull market in US stocks not with the care and respect due such a mature animal but with a five-day binge that sent every index in sightFT - 867 words
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Article182 1987-08-17 15 AFP THE WEST GERMAN stock market marked time last week, despite a temporary dip at mid-week, as the Commerzbank Index finished at 2,041.1 points. 1.8 points above the previous week. The index rose to 2,056 on Monday, the year's high. after which some profit-tak-ing especiallyAFP - 182 words
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324 1987-08-17 15 VlAustfoiia AFP STRONG and steady buying in industrials, particularly banking stocks, dominated Australian stock market trading throughout last week. Statton Securities broker Cameron Williams said gold stocks lost their sheen, the market having bought heavily the previous week ahead of the South AfricanAFP - 324 words
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Article313 1987-08-17 15 A Zurich UBS WITH THE general mood still favourable, the Zurich Stock Exchange continued to soar last week. Shorterterm money market rates slipped back a further one quarter percentage point, whereas longer-term rates held up well, with 12-month rates even moving up 14 percentage point.UBS - 313 words
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Page 15 Advertisements
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Advertisement24 1987-08-17 15 TRADER VK'S "I S.m t.nii /si n *Ov s!h le f:! tin rj£\ hoim np*-oram fi 4 R V.i'li, Rnad S'nqapore 0617 I nutlet24 words
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Advertisement417 1987-08-17 15 k 1 k ALGEMENE BANK NEDERLAND N.V. (incorporated In The Netherlands with limited liability) INTERIM DIVIDEND FOR THE YEAR 1987 REDUCTION OF NOMINAL VALUE OF THE ORDINARY SHARES The Managing Board is pleased to announce: An interim dividend for 1967 of Fl 13.50 per Fl 100 ordinary share payable from417 words
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COMPANY NEWS
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Article, Illustration604 1987-08-17 16 AMY BALAN - Diversification into watch retailing and air freight By AMY BALAN BONVESTS Holdings is purchasing $60 million in new assets that will give the property group a toehold in the watch retailing and air freight businesses. The company's announcement confirms a BT report that Bonvests604 words
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207 1987-08-17 16 THERE ARE now an additional 30.98 million Singapore Airlines Ltd shares available for immediate registration in the names of foreign persons. This follows shareholders' approval at an extraordinary general meeting last Saturday which authorised the increase in foreign ownership of SIA stocks.207 words
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Article546 1987-08-17 16 tcmeg mm*» By HOCK LOCK SIEW SCEPTICS WHO reckoned that the latest move to allow Central Provident Fund account holders to invest their savings in selected unit trusts will not make much of an impact on the iund management industry in Singapore mayBy HOCK LOCK SIEW - 546 words
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411 1987-08-17 16 Bernama ES THE KUALA LUMPUR Stock Exchange (KLSE) is seriously considering taking over the registration of shares. The exchange's chairman, Nik Mohamed Din Bin Nik Yusoff, speaking at a panel discussion on enhancing confidence in Kuala Lumpur brokers at a seminar on theBernama ES - 411 words
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219 1987-08-17 16 Bernama ES BANK NEGARA MALAYSIA has not received any application for its approval of the proposed changes in the ultimate ownership of KAF Securities Sdn Bhd. KAF Securities, a company incorporated in 1973, is an investment holding company with subsidiary companies engaged in moneyBernama ES - 219 words
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Article562 1987-08-17 16 Cul El Books om Tatal tar TaM tar poymor* drta ctoao poyabto 9m |aar taat yaar AJax HWgi 4% Sop 3 Sop 10 Sop 25 4% 5% kHv Kowan 5%l Jul 31 Aug 14 Aug 28 5% 20% C K Tang 3% Jul 31 Aug II Aug 24562 words
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Page 16 Advertisements
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Advertisement572 1987-08-17 16 BYTES PRICES are two important considerations in buying a PC. Advanced Logic Research's latest ALR ***** byte capacity and price/performance will shatter the competition to BITS FECES .1 A Qm fl V, sir» i r J* f m V f 4 r sr a r K 1 I More byte572 words
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WORLD MARKETS
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Article966 1987-08-17 17 New York Reuter STOCKS ON Wall Street last Friday ended a volatile session, and a week, moderately lower. Analysts said the decline was due mostly to pre-week-end position-evening and profit-taking. A surprisingly high US merchandise trade deficit also weighed on stocks. The Dow Jones Industrial Average slippedReuter - 966 words
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Article990 1987-08-17 17 London Reuter SHARES TURNED MIXED last Fridayafter a firmer opening, following news that a larger than expected U5515.71 billion US trade gap in June took Wall Street lower, dealers said. The FTSE 100 index ended 5.3 points lower at 2,295.4 after a high of 2,307.3 and aReuter - 990 words
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341 1987-08-17 17 NYT THE PILOTS UNION at United Airlines has recruited William R Howard, until recently the chairman and chief executive of Piedmont Aviation, to lead its effort to buy United. Howard, 65, was named chairman and chief executive of the AirlineNYT - 341 words
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Article913 1987-08-17 17 Amsterdam AIM 14 ru ABN 511.00 +4 Aagon 98.40 -0 1 AhoM 112.00 0.7 Afczo 100 60 03 Alranta 146 SO -0 1 AMEV 68.30 0.2 Amro Bank 87 00 2 Am 8tad 120.80 0.8 IS BOCS 157 00 +1 Boraumi) Buahrman Tan 128.50 0.5 Koda. 57 80 •1 Catva913 words
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Article, Illustration500 1987-08-17 17 Papers seized from senior secretary Reuter PROSECUTORS said papers seized lest week from a senior secretary at West Germany's central bank may have uncovered a case of trading on inside information. Police raided the office and home of a secretary to Bundesbank President Karl OttoReuter - 500 words
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Article255 1987-08-17 17 AFP JAPAN VICTOR CO (JVC) and French group Thomson-CSF plan to buy the one-third interest they do not already own in Europe's btagest video recorder maker J2t Holdings, according to a JVC spokesman. JVC, Thomson-CSF and Britain's Thorn-EMI each control 33.3 per cent ofAFP - 255 words
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92 1987-08-17 17 AFP KONGSBERG Vaapenfabrikk of Norway and Toshiba Machine Co of Japan knew they were violating Western regulations before exporting sensitive technology to the Soviet Union. Bernard Green, a 49-year-old Briton and a former employee of a Kongsberg subsidiary, told the Japanese daily Sankei ShimbunAFP - 92 words
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Page 17 Advertisements
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Advertisement1422 1987-08-17 17 11l the Matter of The CompulM Act, Cap. 50 and In the Matter of Timing Computer Service* and Training Pte Ltd (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101, Upper Cross Street, #13-14 People's Park Centre, Singapore 0105 on1,422 words
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Advertisement417 1987-08-17 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 IN THE MATTER OF IDL SINGAPORE (PTE) LTD (In Members' Voluntary Winding-Up) Notice is hereby given, pursuant to Section 306 of the Companies Act, Cap SO. that the final meeting of the members of the abovenamed company will be held at417 words
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Article, Illustration369 1987-08-17 18 PROPERTY DEVELOPER Ho Yeow Koon, implicated in the corruption case against the late Teh Cheang Wan, died in Hongkong yesterday morning, according to a report in the evening Lianhe Wanbao newspaper. His death comes just before the Commission of Inquiry convenes again369 words
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777 1987-08-17 18 JEFFREY TSANG - By JEFFREY TSANG AS THE CHINESE believe that the quality of life depends on the balance of the two opposing forces of yin and yang, so too does progress for the nation, said Prime Minister Lee Kuan Yew last night. He said that successful777 words
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135 1987-08-17 18 Reuter THE PENTAGON is building a vast supercomputer research complex to determine whether President Reagan's strategic defence initiative (SDI) will work, the New York Times reported yesterday. Researchers at the complex, the national test facility at Colorado Springs, will be able to simulateReuter - 135 words
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175 1987-08-17 18 Reuter CLASHES between black miners and security guards in South Africa's biggest industrial strike have injured 24 more workers, a mining company said in Johannesburg yesterday. With violence rising in the week-old stoppage by about 300,000 gold and coal miners,Reuter - 175 words
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129 1987-08-17 18 AP ABOUT 1,000 striking coal miners reached a pay raise agreement with their company's chairman yesterday and ended their blockade of a railroad line after more than 42 hours, Labour Ministry officials said. The officials, speaking on condition of anonymity, said Lee Yon, chairman ofAP - 129 words
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296 1987-08-17 18 Reuter PRIME MINISTER David Lange of New Zealand, basking in a general election victory, said yesterday that his government remains committed to economic reforms and will not return to a military relationship with the US. "What's going to happen in the next three yearsReuter - 296 words
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LATE FILE
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43 1987-08-17 18 AFP SRI LANKAN security forces will launch a massive operation today to deal with expected protests against the Indo-Sri Lankan peace accord as delays in the Tamil separatist arms surrender continued, a police spokesman said yesterday. AFPAFP - 43 words
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Article40 1987-08-17 18 Reuter TYPHOON CARY roared closer to the northern Philippines yesterday less than a week after Betty killed 48 people and made 30.000 homeless Officials said Betty had cost the country US$32 million in damage. ReuterReuter - 40 words
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Article41 1987-08-17 18 UPI BEIJING has attacked a US decision to withhold money from the UN Fund for Population Activities, describing the move as "wanton interference" in China's domestic affairs, according to an official commentary issued yesterday. UPIUPI - 41 words
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Article57 1987-08-17 18 AFP AUSTRALIAN Prime Minister Bob Hawke will visit the Soviet Union in December following the sudden cancellation of a visit planned for October. An official spokesman said yesterday So\(iet Embassy officials had advised the Australian government of "an unexpected and important event" which would prevent MrAFP - 57 words
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Article48 1987-08-17 18 AP BRITISH lawmakers can now read "Spycatcher'the book the government is trying to prevent the rest of the country from seeing. Legislator Dale Campbell-Savours said yesterday he presented a copy of the US edition of the book to the House of Commons Library. APAP - 48 words
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Page 18 Advertisements
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Advertisement562 1987-08-17 18 Get your free dippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. MAS and bond dealers zero in on the retail sector. 2. Japanese manufacturing companies raise starting salaries. 3. BT looks at the Aussie Dilemma the country is562 words
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SHIPPING TIMES
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487 1987-08-17 19 LINDA CHEE - By LINDA CHEE OWNERS of Singapore-flag vessels are riled over a substantial increase in Italian port rates recently that may well price their ships out of the cargo market to Italy These vessels, considered "non-equivalent" to Italian tonnage, have been slapped487 words
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168 1987-08-17 19 PNA THE OPENING of a regular shipping service between Oavao City and the north Sulawesi capital of Menado, part of the proposed in-tra-Asean liner project, is being pushed by the Philippines and may be inaugurated before the end of the year. The Davao-Menado seaPNA - 168 words
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PORTSIDES
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99 1987-08-17 19 AFP A PANAMANIAN-REGISTERED TANKER was attacked by pirates in the Straits of Malacca recently, the ship's Japanese captain reported to port authorities in Yokkaichi, Japan, upon arrival last Saturday. Four pirates brandishing swords attacked the 118,000-ton Orion Trader on Aug 6 and escaped with 35.000AFP - 99 words
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Article134 1987-08-17 19 Reuter CARGO HANDLING was severely hit in Tenerife port, Canary Islands, as local dockers staged a partial strike over wage demands, union and management officials said last week. Dockers began an indefinite strike last Tuesday, working alternate hours only to press their demand for an 8.3Reuter - 134 words
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Article54 1987-08-17 19 Opecna ECUADOR'S only oil pipeline resumed operation last Thursday following completion of repair work on a 40-km section of the facility damaged by a series of earthquakes in March. The pipeline connects the oil production region in the eastern part of the country to the PacificOpecna - 54 words
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214 1987-08-17 20 AP, Reuter CHEVRON CORP has ordered its oil tankers to stay away from the port of Fujairah in the United Arab Emirates until the area is clear of mines. "We are not going to take our ships into anchorage there until we re sureAP,; Reuter - 214 words
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Article99 1987-08-17 20 Reuter THE NORWEGIAN Shipowners' Association ssid it hsd agreed to extend seamen's war-risk pay from the Mid-dle-East Gulf to cover union members sailing in the Gulf of Oman. Per Kure, a spokesman for the association, said the move waa in response to the discovery ofReuter - 99 words
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Article906 1987-08-17 20 Accord Sfcpg VI 3 UwM Lw XI 1 Atrfen Ocoaa la 2 AC Toatfar n s A—»<— Ip» XI Aaro Santa IV 2/3 Arrow Una) IV 3 Aaia* Ooaoit VI 3 Ada Una X 4 ANl 1 1/2 AK Uaa V 4 Afl 2/3 ASQ 1 •a*-Canada906 words
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Article1248 1987-08-17 20 CHARTERING was mainly confined to the time-charter section of the freight market on Thursday, with rates remaining very steady, especially for Panamax vessels and larger, ship brokers said. A 76,000 tonner bound from the Continent to Japan via the US Qulf made US$7,750 daily and $7,250 waa agreed1,248 words
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Article175 1987-08-17 21 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR CAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line175 words
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160 1987-08-17 21 RESULTS of this year's Institute of Chartered Shipbrokers's final and intermediate examinations are out. Singapore's best student in the final examinations is Mr S Dutt, who is sixth in order of merit worldwide. Two other students, Mr Lee Wai Pong and Mr160 words
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337 1987-08-17 21 AFP ALGERIA has denounced the 1967 maritime agreement with France calling for equal sharing of traffic for ships of the two countries, sources at the French Maritime Affairs Ministry said. The denunciation was made on Aug 1, but the notice provision in theAFP - 337 words
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Article283 1987-08-17 21 Reuter MINIMUM war risk insurance premiums on cargoes shipped to and from certain parts of the Middle-East Gulf have been increased, beginning last Saturday, the War Risks Rating Committee said. The premium for Iran's coastal area south of Bushire, excluding Bandar Abbas, has been raisedReuter - 283 words
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Article703 1987-08-17 21 IN THE second-hand tonnage market last week. Taiwanese breakers paid a high of US$lBO per light ton for the 13.760-light ton steam tanker Bennington, built 1963. The demolition sector was otherwise quiet as there were few vessels offered for sale. In the trading sector, bulkers continued to be highly703 words
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265 1987-08-17 21 THE INNOVATIVE dry bulk carrier Usuki Pioneer, which opened the modern era of sail assistance for deep sea tonnage. is set to begin a new lease of life with one of Japan's leading shipping lines. The 26,666-dwt ship had been sold for around US$4265 words
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283 1987-08-17 21 Lloyd's List NEW GUIDELINES that could settle lengthy and expensive disputes over tanker oil cargo loss claims have been published by the Institute of Petroleum. The institute believes the guidelines, which set out for the first time a written code ofLloyd's List - 283 words
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6129 1987-08-17 26 AARHUB Benavon, Triot, Aug 17(PK). Sd Gallia. ScanDutcht, Aug 17. Archimedes, Hapag-Lloyd. Aug 17. Pacific Sunshine, ScanDutcht, Aug 18. Evar Garden, Evargraan, Aug 19. Anders Maersk. Maersk (.in#, Aug 20. Banavon, Hapag-Lloyd. Aug 20 (PK). Chun Ha, China Ocaan Shpg, Aug 21.6,129 words
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Article1993 1987-08-17 28 Who acts for whom A —B AB Shipping Boustead Shpg Agencies ABC Containerline NV S port Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Linos Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK) Alltrsns Alltrans Express. American President1,993 words
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Article889 1987-08-17 29 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time Operator cargo schedule Location Rogna 003W *****7 1600 API F8 0700 0800 P4 Sea Pearl UN *****7 1600 Eastern M F5A 0700-0800 J7 SO Gallia 020 *****7 1700 Ned Eac F7 0600-0900889 words
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Article462 1987-08-17 29 AT CONVENTIONAL WHARVES KEPPEL WHARVES B«rtt Arrival Dapariu Ava KI9 olongside 17 06/2300 Equotor K22 olongsida 17 06,0700 Hoiman Koto Joyo K35 olongside 17 06/2300 K3I alongside *****600 Nippo Moru K20 olongsida 1706/1200 Saomovar i SiMwoy KI6 alongside 17 06/0700 K27 olongnda 17 06*0600 Southern Gl K2B462 words
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Article442 1987-08-17 30 SHIPPERS will have to bear the surcharge on crane services at the Thai port of Klong Toey. This was decided by the Bangkok Shipowners and Agents Association at a meeting last week. The association will recommend that its members impose a surcharge of between 1,400442 words
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155 1987-08-17 30 AP A BRITISH TANKER sank off Iceland last Christmas with the loss of all 12 crewmen because the officer on watch inexplicably failed to steer the ship away from rocky cliffs, an official report said. The report on the sinking of the 2,600-tonAP - 155 words
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Page 19 Advertisements
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Advertisement874 1987-08-17 19 How S.K. Asia upset the logical West HILARIOUS. TRAGIC dangerous Available at all Good Bookshops STP Distributors 2 Jurong Road Singapore 22C1 OOCL Orient Oviiqias 6o*t<um\ Line SnE WlffMW AGENCIES (R«f. Ho. MM*I 00K) 200 CmilomimM Mad #12-06 Sounipoint Stnpport 0201 Ml If/ TM 221 Vll TH£X NOB ***** TDMINAI/CfS874 words
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Advertisement118 1987-08-17 19 mm CHEVRON CORP has ordered its oil tankers to stay away from the port of Fujairah in the United Arab Emirates until the area is dear of mines. P«g« II ALGERIA has denounced the 1967 maritime agreement with France calling for equal sharing of traffic for ships of the two118 words
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Advertisement419 1987-08-17 19 SHE HAD POWER. SHE NEEDED LOVE. SHE WANTED REVENGE. Kmma Harlc is A WOMAN OF Bui what is lhe prirr she has paid? Available at at good bookahops n* MAERSK LINE 1 MIDDLE EAST SERVICE FAST TRANSIT SIN/RIYADH —11 DAYS SIN/SHARJAH —11 DAYS Tha awt Anders M Closing Time CY419 words
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Page 20 Advertisements
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Advertisement552 1987-08-17 20 NYK announces the newest, fastest Far East-L.A. Direct Service. NYK's Far East LA direct service is new. It's speedy. And it's frequent. And to make the best out of this new shipping map, you speed your cargo to Chicago and points East via our double-stack Centennial Express Service. We've doubled552 words
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Advertisement17 1987-08-17 20 Lines and services represented by ■Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement492 1987-08-17 20 CSAV Cr-:• >r jSuclAry c.ir.tc-'ijpcrr* SA DtRICT SiRVICI TO/FROM CHILI FEEKR VESSEL TOWO EXPRESS A VESSEL s-poue 1W Jit ■OTHER nstti MR AMCA tQQ ANTOf VAIP SAI ATACAMA Ofi lfl» U* VM TW W (M Ml Ml Ml lyi TAiXAHUAMO (SAW VICENTE) ACCEPTED WTN T/S VM VA »524W K. *****71492 words
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Page 21 Advertisements
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Advertisement833 1987-08-17 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd noyytf P&O twvtiL Containers Limited A-.,'. 1 W.'.'n.'TJl mn Has ram u Ito SM PJttoi fm trtai Km TUUO Exms MM MM MM MM MM 17R Bfi N* *mmmm mm mm mm mm mm a* cm OF EDMMMN MM MM MM833 words
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Advertisement446 1987-08-17 21 EUROPE MED in ■fnrjfttTj ii i tin ia.ii i7.iv ma n.ia at.ia ai.ii aiu ILII 14.11 li.ll 17.11 1 Et Taa aj7 uaa s 7ia isjb isja B 711 <aja UN EF 711 llja lUB USA PANAMA i l» i II i i[ II 7ia liaja b 7ia tua i-aitflLiAl446 words
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Page 22 Advertisements
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Advertisement308 1987-08-17 22 CONTAINERSHIP SERVICE TO UK CONTINENT ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN AARHUS. GOTHENBURG, MALM). HELSINKI. OSLO. AMSTERDAM CARIBBEAN A S. AMERICA CONV SEMI CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MED EUROPE if PK PEN TRIES LEX BILBAO KBC S HAVEN AMS ■ORUSSIA 17/1 4/1 12/1 13/J308 words
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Advertisement706 1987-08-17 22 FULLY CONTAINERISED SERVICE "FDR/MOTHER VESSEL V BU NCT mUf ACIFIC PROSPERITY HE 221t Sfl VRB IK/KOREAN WO*IS SUN C9C 29/1 12It TWB ME/KOREAN WONIS ONE 72E 5/9 19/9 SS* tIE/KOREAN WON IS JIN TOE 12/9 26/9 ACQ UE/KWJ W IS/9 2S/9 UM M 21/9 24/9 2S/9 27/9 27/9 am 2/10706 words
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Advertisement382 1987-08-17 22 Arrow Lines a D S'PORE/COLOMBO/S. AFRICA rr :i flfiir' i:TiM riin t: mj *±ti m I 'm i ill, ill IV S'PORE/BENGAL/E. AFRICA .TftirniTiarTi irtrnB 1 S PORE CHITTAGO POUTS ARROW QUEEN/2 19/t Accepting OurbMi ARROW DUKE/2 3/9 1/9 12/9 24-4/10 E. AFRICAN PORTS CALL: MA HE*K*B ASA; DA RES-SALAAM382 words
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Advertisement831 1987-08-17 22 EVERGREEN Round-The-World East Bound (FE/C ARIB'USEC/F URO F f an* Mt ever gather w on m on n/»»» EVER GUIDE/EVER GROWTH EVER LIVING EVER GIANT/EVER GENIUS H 1» IV) w* u£ EVER GLORY/EVER GREET MN MN 22N 27N ii EVER UNKING 2M*****M 1/M ZZ tZZ NTC Mi a»» VII Jt»831 words
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Page 23 Advertisements
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Advertisement528 1987-08-17 23 w PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE VOY SIN MY SMQ SIN •733 3M U M M 3701 SM SM SM 11/3 3731 IS/S tM 31/3 23/3 •70S 22/3 23/3 23/3 1/3 VESSEL SEA FOftTUNE ct528 words
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Advertisement207 1987-08-17 23 I m r TO UK/CONTINENT PORTS TO INDIA/PAK/RED SEA PORTS NORBULK NBT-U NORBULK NBT-12 NORBULK NBX-13 L SWK/SABAH LOADING FOR 20/1 HADRAS/TUTI 20/0 MGLORE/KANOLA/ KARACHI 24/0 VIZA/CAICUTTA SPORE I4APATHON UNITED AGENCY PTE LTD TEL *****66 MAL AYSIA SP YEO SHIPPING 1 TRADING KL PK *****0! PENAN& TANJUNC MARINE SDN BHD207 words
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Advertisement684 1987-08-17 23 BEN LINE CONTJUNEM EXPRESS CONTAINER SERVICE TO UK/CONTINENT Tab* Ta*w Ufw OuU by Kitani Hint Uffi »JT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT r.uu iwjuj nvwi inAnamnptm UAKW) TO/FMW PENANC_AND EAST MALAYSIAN PORTS (KJJEBSEN LINE NEW ZEALAND TO NEW 2EAUNO, PAPIIA NEW (NINEA FUI ANO Sim PACIFIC ISLAND! Pi NM NOUMEA684 words
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Advertisement540 1987-08-17 23 DJASAGETRI A Joint Europe Sorvkse Of. f.T. DJAKARTA LLOTt P.T. BESOM LLfiYB P.T. SAMUDERA MMMESiA P.T. TXIKORA LIOTD EXPRESS SEMI CONTAINERSHiP SERVICES SINGAPORE TO EOROPE VESSEI/VOY SPORE L J. BONTANG/12WB 20-28/8 OCEAN PRIMA/BWB ID PALEMBANG/7WB PALEM6ANG/7WB MATARAM/IIWB SAMOA GAMA/19WB ANTWERP BILBAO BRERKN A OAM/R'DAMH BURG 2Sfl 28/9 3/10—7/10 10/ M540 words
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Advertisement403 1987-08-17 23 BOUSTEAD SHIPPING AGENCIES I* -SIT-TWAY V3IE AVA VKW HTONEYWA V22CW PAGAN VII7W Ddcharpng only BURMA FIVE STAR mmit mmm (Burmese National Line) Loading for Rangoon S pore P.Kelang Penary Bangkoi 14/ M Auf a® AMI ua? AU« 11/20 Auf 27/21 AM| BANK UNI NORTHBOUND TO UKC SPORE ROAM HULL HMBC403 words
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Page 24 Advertisements
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Advertisement1063 1987-08-17 24 LL K"UFIE SHIPPING-DATA ATLADTIC COAST (Round-The-WorkJ Service) •PK/PNG SPORE N GARNET VlO SID 21 Au| 12 Sep 22! 0. FREEDOM Vl5 22 Aug 21 Auf 1J Sep •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNC SP MOTHER VSL N. GARNET VlO Sid 21 Aug MACK IW AC BRIDGE VI 0. FREEDOM1,063 words
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Advertisement727 1987-08-17 24 'm AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contatnan Faadar PKttont llmar VmS Sew. IMb Fron Sy* Alio Aaapi CHANOIDAS T. 27 6 Stilt 21 S*pt X S*pt 2t S«X AM Bra KABIROAS" T. 36 27 Saw 12 Oct 21 Oct 19 Oct Adtt/Bra INDIA EXPRESS CONTAINER SERVICE S O NACALANO727 words
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Advertisement701 1987-08-17 24 V-TsTt GOLDEN LINE Wft eV. GUM GUAN SHPPWG (PTE) LID V 11. Mif Slrwt IP smtmrn mm m uum (ii uoi Fu: saw STRAITS/PERSIAN GULF SERVICE: Spwt r w^fimi GOLDEN REAR CotanOo/Kararti/Oiibe. 23/24 Auf GOLDEN HARVEST Cotombo/KwKhi/MuieiWM* «0® Serf— CHINA SERVICE A VESSEL Shanghai Hsink»ng 24/26 Auf CHINA OCEAN SHIPPING701 words
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Advertisement308 1987-08-17 24 DOHA. MUSCAT. BAMM ABU DNAII A SNARJAH H ROW. KOBE. I V \'B PHILI Oni€NT UN(S PT( LTD HEAD Off Cf 63 HOI'NSOS PCSD AfKC A5-A BUHDIT. < S ,S 0»£ :> TfL!» PS r8 7?0 IH: I;i trrrrrr: 19 JjL a ii.ii ■g r» USA SERVICE m a* LOS308 words
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Page 25 Advertisements
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Advertisement1006 1987-08-17 25 uuirrmu a xiVLEiOf muuuaj, nugusi xi, ljrof NEPTUNE ORIENT LINES LTD W EMT/EMj»K HUT CWTMBMa MWf, NEPTUNE AGENCIES PTE. LTD. Ft EU/AUST TPA/SEA Tarmful CFS BOOKINGS *****1 27K742 *****22 rnixi urns vtnu 77*111 77*1* NEPLINE SON BHD .INWARO/OUTWAPO NEPLINE SON! BHD 7(***** ENQUIRIES 2717W4 NEPLINE SON. BHD. U*Sye7Mo77Hi«77fK NEPLINE SON1,006 words
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Advertisement365 1987-08-17 25 HEUNG-A SHIPPING Korean Flag Vessels a DONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON Mo 7 Donam/70SN No I Donam/TKN No t Donam/70M Cjrgo6ay,7lfcS No J Donam/TOtN M. Entorprtto/713N No 7 Oonam S PORE ACENTS NfPTUNE AGENCIES B T{ LTD t»i 211X22 (Ootrj' v«) *****7 2XR2M (T*T m<)365 words
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Advertisement600 1987-08-17 25 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office 22M241/? SINSOV SINGAPORE Telex Number. RS ***** RS MEITSMI m MNOUM SYSTEM CO SOD MO MSSRSIUI rwae *iirr.f m St MsS*® T Trte^uVx: T* 3J2471/*****1 Tta: MA ***** "flBLOS" Si T*600 words
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Page 26 Advertisements
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Advertisement325 1987-08-17 26 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225-6868 (30 Unesi FAX *****39 *****76 TELEX RS ***** A/B SSCMA RS ***** A B SSCAD SR-LINES VF.B DFUTFRACHTSEEREEDEREI p FORTNIGHTLY FULL CONTAINER SERVICF froajiopi i s pore |to 1-inaca la-verp Ir-omi Iraum I* aruowa mm [IM »UWLAWO VP 2U I- [lifl "WWW u»325 words
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Advertisement117 1987-08-17 26 I How NYK's leadership I keeps you ahead. Kv m Nobody has the extensive experiences and vast resources of NYK. That's why whatever your shipping consignments, be it delicate cheeses or massive plant machinery, NYK has an impressive fleet of vessels to perfectly meet your needs. NYK's resources and experience117 words
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Page 27 Advertisements
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Advertisement212 1987-08-17 27 mi/mm CALL US ATP. KELANG PENANG J. BAHRU P. GUDANC SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4, *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****tt WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE ■nut vsl SO GALLIA JUTLANOIA b. hit a*c m B. BUTANC m a. BUTANC rm OTHER DESTINATIONS: AARHUS, AMSTERDAM. ANTWERP.212 words
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Advertisement242 1987-08-17 27 CONTAINER LINE DAILY ACCEPTING LCL/FCL TO:K I TRANSTAINERS LINE WEST AFRICA SERVICE PEN/PK SIN TO: DAKAR. CONAKRY m 21/1 ABIDJAN, LOME 77% 29A CONTONOU, DOUALA LIBREVILLE, PORT GENTIL P. NOIRE, LUANDA PORT TO DOOR DELY: PT. KELANG TO KOTA KINABALU IN CONTR SVS MAC-NELS AGENCIES PTE J4: *****44 (22 Lines)242 words
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Page 28 Advertisements
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Advertisement297 1987-08-17 28 /g. J\i* I'* THE NATIONAL SHIPPING COMPANY Of SAUDI ARABIA REGULAR RO-RQ SERVICE TO MIODLE EAST VESSEL 1 SINGAPORE I P KELANG I DAMMAM I rvnoTi 21 AUG 06 SEP 14 SEP 23 SEP 1 M OCT I 06 OCT I 15 OCT I ITOCT Accaptint Broahbulk, Ro/Ro, Contain** to297 words
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Advertisement460 1987-08-17 28 FINK I.INKR SHIIMMM. I'TK I I I) '0 Mty 04 0?( Mtrint H( u>-e S pore O?M' TFI .VSW (f, t nes) I TU RS .VMI FllNfP iAn J EUROPE SERVICE en lni v. TVS I •■W l r^rrn FAR EAST SERVICE 3EHE3E33 ft 1% US IJ MIDDLE EAST GUI.F460 words
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Advertisement489 1987-08-17 28 ZI M FULL CONTAINER SERVICE acccptinf FCL/LCL cartoos to USA East ft West Coast, Carribboan.East Canada, HAITI, Port Au Spain, lartodos N. ST. LUCIA. Trr I (■"■iß iMI ZIM SPORE ACCEPTING CARGO TO AOEIAIOE VIA MELBOURNE AND ALSO FCI TO 6UAM vessel sin m «u ra vet trs cnina exm489 words
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Advertisement411 1987-08-17 28 Everett Lines c^ErrTTjM LOADING FOR CMITTAGONC, CALCUTTA** ANO CHALNA (I ALSO ACCEPTING CONTAINERS TO CMTTAfiONC ANO CM.I S<nfiport P. Ptnaf^* MUCH EVERETT I*2o Aug 21/22 Aug ■ANOLOEVERETT 14/15 Sap I*l7 Sap JOMNEVERETT 27/21 Sap Sap PREFERENTIAL BERTH IN CALCUTTA AT KPO CALL SUBJECT TO INDUCEMENT. P.S. SINGAPORE FAX mSOm 4411 words
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Page 29 Advertisements
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Advertisement282 1987-08-17 29 Hamburg West Germany; Tiger Line vessel voy sin calcutta mamas chittaoqng PRELUDE 23 19/20 AUG 2S-27 AUG 29-31 AUG LOTTi SCHEEL 24 31 AUG M SEPT 12-13 SEPT PHELUOC 11 54 SEPT 12-14 AUG LOTTO SCHEEL 25 H SEPT 25-21 SEPT 31 OCT Common Carrier Feeder Service For Main Lint282 words
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Advertisement219 1987-08-17 29 PERCH OCEAN LINES (Partet China Ocaan Shipping Lines) Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI OTHER PORTS Etd. S PORE Etd. PKLG WEEKLY SAILINGS txrnrit CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOOK AUSTRALIA BANGKOK KEE/KAO USA (MFMBER Or THF PRESS GROUP) WEEKLY CONSOL SERVICE LCL/FCL U.SJL (East West219 words
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Advertisement171 1987-08-17 29 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE (5) HfINLIM SHIPPING CO.. LTD. REGULAR UNER SERVICE TO BOMBAY AND PERSIAN GULF VSL NAME S'pore LDG FOR Soners Linker V.03 In Port Bombay/B. Abbas Korean Sapphire 15-20/9 Bombay Note: Space available for timber/logs from E W Malaysia to E W Coast India subject171 words
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Advertisement490 1987-08-17 29 COMPAGNIE MARITIME DAFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT OUTBOUND TO MEDITERRANEAN OUTBOUND TO W AFRICA jE3 INBOUND FROM EUROPE/FOR FAR EAST PORTS OCEANUS SHIPPING AGENCY PTE LTD BC2-63 ANSON CENTRE SINGAPORE 0207 TEL *****77 (10 LINES) TLX RS 36*45 OSAL FA* *****31490 words
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Advertisement420 1987-08-17 29 nun MARiTIME TRANSPORT MANAGEMENT PTE LTD %l BANGKOK MANILA HBC/HOTT ETA STOKE ETA STORE HA SPORE ETA D LOG For MEGAH BROOKE NO 1 V3/S7 21/30 Aug Kuching, LIAN SENG HIN NO 3 25/21 Auf Bintulu ELEFTHERIA II MERCHANT PRELUDE MARY Shanghai, Busan Bremen, Rdam. Antwerp Cargo Bookings Tel: *****00420 words
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Page 30 Advertisements
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Advertisement408 1987-08-17 30 i FARGO SHIPPING COMPANY (PTE) LTD. REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europe/Madltwrranwan Vsl ANTWERPEN C. VEROLME TNT EXPRESS E. HUDIG i m KM Y/^m KM ■All 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel: *****78408 words
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Advertisement443 1987-08-17 30 AhtKA OciAN LiNIS Lid. H EMERALD CONFIDENCE VITAL! SPRING ETA SPORE 27/1 K/9 18/10 Accepting brea !for Hong Kong t Keelung breakbulk COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS S£Ai-COMTAJNEP SERVICE TO NORTHBOUND TO UKC SPO TAUSALA SAMOA VION 22/8 TOANA PAPUA VtN 11/9 CLYDEBANK V2IN 24/9443 words
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Advertisement156 1987-08-17 30 RHENANIA INTERNATIONA! TRANSPORT SERVICES PTE iTD SPORE 3357b3S TAIWAN (0. 1 353 1101 SYDNEY (O. 1 m 2099 BREMEN (W?l) WA 0 MELB (03) 33e 3?il Egyptian International Shipping Company-**. SERVING DIRECT TO/»OM PORT SUEZ, ALEXANDRIA. AND PORT SAD BY EGYPTIAN FIAG VESSEIS IWCSTBOUNO TO E6OT U.mi nii.il LV. *141156 words
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Advertisement723 1987-08-17 30 AMERICAN TRANSPORT LINES, INC. iMMTL Vo SPORE PH ny chl jax tawpico TEXAS RAINBOW 5 14/9-15/9 15/10 17/10 18/10 19/10 24/10 CANADIAN RAINBOW 1 5/10 610 6/11 8/11 9/11 10/11 15/11 AnflVam. NEW YORK RAINBOW 2 31/10-1/11 1/12 3/12 4/12 5/12 10/12 cmMf cmmmm A VESSEL 1 19/11 20/11 20/12723 words
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Page 30 Miscellaneous
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Miscellaneous159 1987-08-17 30 Regional Weather fA h N > a 4J £\X ■B Sjfi •U£ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c yA o Wmd direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature c X\ Shower Weather Wmd direction with speed in knots ee Rom Cloudy159 words
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