The Business Times, 8 September 1987

Microfilm: NL15942
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 112/12/86 TUESDAY, SEPTEMBER 8, 1987 75 CENTS
    11 words
  • Article, Illustration
    FINANCIAL NEWS SUMMARY
    208 1 Overseaa market* Monday HK Hang Seng Index 3646.33 (-8.15 Tokyo Nikkei Average *****.09 (-351.26) Sydney All-Ordinaries 2210.4 (+15.1) Friday New York (Dow Jones) 2561.38 (-38.11 London (FT 30 Index) 1782.1 7.6) Exchange rate* THE Singapore dollar closed stronger against the US currency at 2.0920/30 (2.0970/80) on the
    208 words
  • Article, Illustration
    Prices close firmer in very quiet trading
    360 1 TRADING VOLUME on the Singapore stock market fell sharply yesterday, the first day of a new settlement system coming into force. Share prices closed firmer, however, on bargainhunting. The Straits Times Industrial Index rose by 16.87 points to 1,429.95 while the all-sector BT
    360 words
  • Article
    Tonhow's share offer opens
    600 1  -  'Investors now have a greater appreciation of Sesdaq stocks' By AMY BALAN THE PUBLIC OFFER of Sesdaqs sixth candidate, Tonhow Industries, opens today amidst renewed confidence in the second securities market. With the five companies already listed trading at near record volumes and two more listings
    600 words
  • Article, Illustration
    Relatively cool response to Singmarine
    316 1  -  By ROSIE TAN "COOL, relatively speaking." That's the reply given by most banks when they were asked to describe the response to the new share issue from Singmarine Industries. A banker at a branch of Malayan Banking (MBB) said that a credit limit of $350
    316 words
  • Article
    Lock icon Suharto pledges further deregulation
    332 1 Reuter PRESIDENT SUHARTO yesterday pledged further measures to deregulate Indonesia's protected economy. In written remarks prepared for an economic conference in Bali, Suharto said Indonesia must strengthen its economic foundation so that it is not shaken by world economic developments such as the recent big fluctuations
    Reuter  -  332 words
  • Article
    Lock icon Taiwan worried about record trade surplus
    203 1 Reuter TAIWAN'S trade surplus hit a record high in the first eight months of 1987 and government officials said yesterday that they were worried it would invite renewed trade and currency pressure from Washington. The surplus, according to official figures released during the weekend,
    Reuter  -  203 words
  • Article
    Corrections and clarifications
    59 1 WE ERRED yesterday in our front page report headlined Sime Darby turns in 19pc rise in pretax profits to Msls2.6m'. The correct group pre-tax profit figure is MslBl.B million for the year ended June 30, 1987. Group net attributable profit should be $166.5 million and not $186.5
    59 words
  • Article
    Lock icon Asean summit in Manila will be as scheduled
    123 1 AP THE SUMMIT MEETING of the Association of South-east Asian Nations will be held as scheduled in Manila in December. "It has been a consensus among Asean countries to hold the meeting in Manila in December," Indonesian Minister at the State Secretariat
    AP  -  123 words
  • Page 1 Advertisements
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      108 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Transparent Ink Feeder Structured to function exactly like a fountain Metal Ball Tip For extra smooth, highly flexible writing signing in blue, black and red The good, old fountain pen makes a Victorious comeback in the best, bold form of the Pilot Hi-Teepoint V
      108 words
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      Page 1 Advertisements Column 2
      8 1 Full report, Page 16 Regional Marketa, Page 18
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      330 1 A booming chemical industry THE petrochemicals industry is set to boom. Sales are rising quickly and some companies are even making profits for the first time in years. Chemical manufacturers are also discovering fresh ways of mixing and blending products to make tougher and more resistant packaging materials for companies
      330 words
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      Page 1 Advertisements Column 4
      259 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM 1, I DQNt LET THE INITIAL id PUSH HOME OWNERSHIP We offer home loans without you having to come up with the usual 10% downpayment. Hongkongßank also offers other attractive features: 100% financing Quick processing allows for verbal confirmation within 24 hours and written
      259 words
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  • HOME NEWS
    • Article, Illustration
      Maya Plastic hopes to turn in $9m turnover
      504 2  -  By MARTIN SOONG MAYA PLASTIC, an associated company in the diversified Maya group, expects turnover to jump a third to $9 million this year on the back of skyrocketing demand for disposable plates, cups, bowls and boxes. As Singapore's sole maker of
      504 words
    • Article
      Talking about rubber and plastics
      118 2 VARIOUS ASPECTS of rubber and plastics will be discussed at two meetings to be held in Singapore between Sep 9 and 12. The first of the two meetings is the annual meeting of the Asean Countries Union of Polymer Science. This meeting, scheduled for Sep
      118 words
    • Article
      RI to set up endowment fund
      123 2 RAFFLES INSTITUTION will build up an endowment fund before deciding whether to go independent or remain as a government school. Both the Old Rafflesians Association and the Raffles Advisory Committee feel that, if the school goes independent, it will be able to deliver a
      123 words
    • Article
      Straits Times Press launches new overseas weekly edition
      315 2 THE STRAITS TIMES Weekly Overseas Edition was officially launched at a ceremony held last night at the Oriental Hotel. Speaking at the ceremony, Mr Philip Yeo, chairman of the Economic Development Board, said the paper will be "a valuable addition to the
      315 words
    • Article
      SIA sets sights on New York next year, Canada in '89
      509 2  -  By LIM SOON NEO SINGAPORE AIRLINES, which will have a network of 54 cities by the end of this year, hopes to spread its wings further next year to New York in the United States and to Canada by
      509 words
    • Article
      OCBC lowers housing loan rates
      172 2 OVERSEA-CHINESE Banking Corporation is the latest financial institution to reduce its housing loan interest rates. Effective today, OCBC's rates for one to 5 and 11 to 25-year loan periods are 6.25 per cent and 6.75 per cent respectively. Both rates have been cut by 0.25
      172 words
    • Article
      Bank has two plans for retirees
      164 2 STANDARD Chartered Bank launches today two plans for retirees under the CPF Minimum Sum scheme. Under the first plan, the retiree, at age 55, places his CPF minimum sum in a fixed deposit with the bank, where interest is credited every six months (current
      164 words
    • Article
      LKY Visitor to speak on welfare state theme
      147 2 AN ECONOMIST and former World Bank consultant is the latest Lee Kuan Yew Distinguished Visitor. Professor Assar Lindbeck, a Swedish specialist in macro, labour and international economics arrived here on Sunday. He will be delivering three lectures at the National University of
      147 words
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      242 2 ..sSM Mmm mm <>"': V :-;< M .•.>. ■7. r :4 r. < m,. -s r s: I f fj AN AURA OF SUBSTANCE MONOGRAM RALPH LAUREN'S DISTINGUISHED NEW FRAGRANCE FOR MEN THE' RALPH LAUREN BAR CASE IS YOURS FREE EXCLUSIVELY AT METRO MARINA I 1 fl Celebrate the introduction
      242 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Military survey shows discontent in Manila forces
      368 3 AP AN INTERNAL military survey report in the Philippines has urged top army leaders to resolve unrest in the fractious armed forces, most of whose members complain of unfair treatment from the civilian government. The survey was completed by the intelligence service of
      AP  -  368 words
    • Article
      Lock icon Philippine economy grows 5.13pc
      167 3 Oana/Pna THE PHILIPPINE ECONOMY grew by 5.13 per cent in the first semester this year, reversing the 0.8 per cent decline registered in the same period last year, officials said yesterday. Economic Planning secretary Solita C Monsod attributed the growth in the Gross National Product to
      Oana/Pna  -  167 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      926 3 ARRIVALS Operator Sendee Local From number time SiA SQ11 0045 LAX/NRT CAL CI341 0155 TPE JAL JL617 0215 TYO FT FT75 0316 UH/ORD/ANC/ NRT/MNL/TPE MAS MH68I 0820 KUL SV SV398 0835 JED/RUH MAS MH811 0910 PEN MAS MH671 0920 KUL AC AC858 0925 YYZ/IXR/BOM SiA SQ103 0950
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    • Article
      Lock icon Japanese lead foreign investment boom in US
      139 3 Bernama ES THE CHEAP DOLLAR and ample business opportunities have sparked a foreign investment boom in the US. Time magazine reported on Sunday. Time said Japan has emerged as a major participant and its direct investment in US real estate and corporations totalled
      Bernama ES  -  139 words
    • Article
      Lock icon New Delhi fears Sikh extremists may have deadly arsenal
      329 3 NYT THE CAPTURE of India's most-wanted terrorist suspect has led to greater concern about the type of weapons reported to be in the hands of Sikh extremists. officials say. The suspect. Harjinder Singh Jinda, was arrested in New Delhi on Aug
      NYT  -  329 words
    • Article
      Lock icon Foreign clients concerned about South Korean labour situation
      161 3 AP FOREIGN CUSTOMERS worried by labour unrest in South Korea are increasingly concerned about whether their orders will be filled. The Korea Trade Promotion Corp and the Korean Traders Association said yesterday that foreign customers were concerned that nationwide strikes would delay
      AP  -  161 words
    • Article
      Lock icon Thai-Burmese trade hit by demonetisation
      517 3 AFP RANGOON'S invalidation on Saturday of its top value banknotes has already impeded cross-bor-der trade with Thailand and is bound to cause important losses among Thai traders, local officials said in Bangkok on Sunday. Thai customs officials at the major cross-border trading post of Mae
      AFP  -  517 words
    • Article
      Lock icon Student unrest closes Burma's colleges
      243 3 AFP ALL SCHOOLS and universities throughout Burma were closed yesterday by order of the Ministry of Education, following a night of student unrest on three campuses over the week-end. There has been no official report about the incidents at the Rangoon Institute of Technology, the
      AFP  -  243 words
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      61 3 fI 1£ I Ifl If The business person's choice, every I I II 111 I Tuesd °y- Thursday, Saturday and I I 1 t\ \l I I W Sunday. Leaving Changi Airport at I \V/L 1 _1_ V-J 22:05 hours and arriving at Lester B Pearson International Airport the following
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      84 3 ShongriLa hotel KUALA LUMPUR A SHANCRJLA INTERNATIONAL HOTEL I.N KUALA LUMPUR WHERE ELSE BUT THE SHANGRI-LA m f ■-4 mA W k i mm riiß VI li SHANGRI-LA INTERNATIONAL SINGAPORE 331 3300 BANGKOK (2) 236 7777 BONG KONG (5) 110 7TO KUALA LUMPUR (03) 232 2388 AUSTRALIA (001) 222 441
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      86 3 1! Jii Adelaide Amsterdam Athens Bahrain Bangkok Barbados Beijing Beirut Belgrade Berlin Bermuda Cloudy Cloudy Sunny Cloudy Clear Clear Rain Cloudy Cloudy Cloudy Clear Hazy Rain Clear Cloudy Cloudy Clear Cloudy Fine Clear Clear Clear Hazy Clear Cloudy Cloudy Showers Cloudy Clear Cloudy Cloudy Clear Cloudy Cloudy Clear Rain Cloudy
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    • Miscellaneous
      Page 3 Miscellaneous Column 2
      69 3 Doonesbury UELLTWSISNT H£/,CMON. QUTTE UJHATI MARQA, ITS HAP tNMINP A MCB COMJ FOR PINNER, PROM/SB! BUT... N IT BEAIS SOME INTIMATE UTTI& bistro where people mnrm THE UJRONG... HBf! CUHY/5 THAT COUPIS LOOKING AT Us* m i* I 4* £9 #//2 I i BY GARRY TRUDEAU NOdOPY'S LOOKING AT US,
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  • REST OF THE WORLD
    • Article
      Lock icon Japan now S Africa's leading trade partner
      627 4 New position result of weakened economic links NYT JAPAN has made significant inroads into the business once held by US companies in South Africa. In the first quarter of this year, it surpassed the US as South Africa's leading trading partner. For Japanese
      NYT  -  627 words
    • Article
      Lock icon Britain's miners issue challenge
      90 4 Reuter BRITAIN'S biggest mineworkers' union threatened on Sunday to impose a national overtime ban in two weeks unless British Coal made concessions on a new disciplinary code. The deadline was set on the eve of the Trades Union Congress annual conference in Blackpool, where miners' leader
      Reuter  -  90 words
    • Article
      Lock icon Peronists score some success
      280 4 AP RECOVER»**' jam* o< their traditional .r#ngt* m# Peronists stunned Pr#e»<Jent Raul Alfonsm s party in national elections, winning key governorships and apparent control of Congress. About 5.000 cheering Peronists. whose labour-based party had been defeated by Alfonsm's centrist Radical Civic Union in 1983 and 1985
      AP  -  280 words
    • Article, Illustration
      Lock icon 'We don't want to live in Brezhnev'
      226 4 UPI RESIDENTS of Brezhnev in the Soviet Union have asked that their city's name be changed to remove any association with late leader Leonid Brezhnev and his "epoch" of stagnation. The Ogonek magazine said on Sunday that residents of Brezhnev wanted the name
      UPI  -  226 words
    • Article
      Lock icon US trade weakness to be studied at meeting
      409 4 Reuter WEAKNESS in US external trade and its potential to undermine the dollar and world economic growth is likely to be high on the agenda when finance officials from the Group of 10 (G-10) nations meet in Paris this we^k. Diplomatic sources
      Reuter  -  409 words
    • Article
      Lock icon Danish ex-prime minister enlivens dull campaign
      377 4 NYT DENMARK is approaching the end of a general election campaign that the candidates, the pollsters, the press, and even the incumbent prime minister, Poul Schluter, pronounced extraordinary for its dullness. But on Sunday, just before a televised debate among the 16 parties involved
      NYT  -  377 words
    • Article, Illustration
      Lock icon Bill Cosby is world's highest-paid entertainer
      534 4 AP COMEDIAN Bill Cosby is the world's highest-paid entertainer, with estimated earnings of at least US$B4 million in 1986 and 1967. according to Forbes magazine. Mr Cosby television star, best-selling author and commercial pitchman is a one-man growth industry. the magazine says in its
      AP  -  534 words
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      227 4 100% WESTIN AT 40% OFF The Mid Bonus at the Wfestin Stamford Wfestin Plaza The Westin Stamford 8c Westin Plaza Hotels are exceptional places to stay at any time. Now, from 1 June to 30 September 1987, luxury becomes even more affordable with our 40% off Mid Year Bonus. So
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  • FOCUS
    • Article, Illustration
      Lock icon West Africa in divestment drive
      989 5  -  From Senegal to Angola, West African nations are selling off state-owned enterprises to take bloated companies off the state payroll. But there are severe problems, as LARRY JAMES reports, and in the accompanying piece, JOAN MOWER looks at the potential of the African continent. LARRY
      AP  -  989 words
    • Article
      Lock icon Author sees 'signs of hope' for Africa
      526 5 AP THE FUTURE of Africa, a continent that evokes images of starving people, need not be as bleak as it seems, says an author who has studied 20 successful development projects. "We have come across spreading signs of hope, areas of advance in
      AP  -  526 words
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      469 6 When you're ready to sit down and start talking about a merger, an acquisition or a divestiture, you don't want to deal with someone with a great track record in trading cocoa futures. Nor do you want to deal with someone who doesn't understand your business. Whether you're selling your
      469 words
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  • COMMODITIES
    • Article
      Lock icon Optimism on cocoa price adjustments
      238 7 AFP IMPORTING members of the International Cocoa Organisation (ICCO) are optimistic that there will be a positive decision' by the ICCO Council on the question of an adjustment in the existing ICCO price range of 1,600-2.270 Special Drawing Rights (SDR) per tonne, according to consumer
      AFP  -  238 words
    • Article
      Lock icon Catalytic reformer for Trengganu
      129 7 Bernama ES PETRONAS will install a US$9O million catalytic reformer at its Trengganu refinery to ensure a stable supply of petrol to the east coast states of peninsular Malaysia. The installation of the 6,500 barrel-per-day reformer would enable the refinery to produce its own reformate, a
      Bernama ES  -  129 words
    • Article
      Precious Metals
      324 7 HONGKONG: Gold closed steady yesterday on late short-covering by small investors. The market was quiet for most of the day and was overshadowed by a rise in the Hongkong dollar. Dealers said that a denial by Financial Secretary Piers Jacobs that the government would change the local currency's
      324 words
    • Article
      Lock icon Big Soviet import fall in '90s?
      713 7 Agricultural reforms unlikely to achieve self-sufficiency Reuter THE SOVIET UNION may be able to cut its grain imports sharply in the 1990s as a result of agricultural reforms ordered by Kremlin leader Mikhail Gorbachev, say some Western experts. A Soviet goal of food self-sufficiency
      Reuter  -  713 words
    • Article
      Lock icon Barter US crop surpluses, urges congressman
      296 7 AP CONGRESSMAN Byron Dorgan has a simple plan for getting rid of United States farm surpluses: bartering, or exchanging goods for other goods. Mr Dorgan, an opposition Democrat, says the US could barter up to US$6 billion a year in surplus crops with Third
      AP  -  296 words
    • Article
      Palm Oil
      252 7 Crude palm oil futures yesterday finished slightly steadier in very light trading on the Kuala Lumpur Stock Exchange. The lower Chicago Board of Trade and Pakistan's entry into the market today for its weekly tenders saw operators taking a wait-and-see attitude. Reported high production of 500,000 tonnes of
      252 words
    • Article
      Oil and Products
      90 7 A LACKLUSTRE start to the week with most products showing signs of softening. Only FOB S'pore naphtha gave any firm indications. Little trade was seen as players continued to be reluctant to make commitments with the Opec meet- ing getting nearer. Chang* Dutooi (Oct) 17.13 -0.12 W#«»
      90 words
    • Article
      Rubber
      220 7 SINGAPORE The market closed firmer yesterday with October 1 RSS buyers quoted at 218.00 cents/kilo, up two cents from last Friday's close On the TSR-20 market, trading was quiet the whole day but prices were higher in line with the trend on the RSS market. October and November TSR-20
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    • Article
      SSR and SMR
      92 7 (canti/kg, 1-ton polloti) OCTOBER 87 NOVEMBER 87 (current month) (forword month) RAS NOON NOON Buy art StHtri twy«r> S*fl*rl SSR 30 202 00 204 00* 202.00 204.00N SSR 50 200.50 20 2 5ON 200 00 202 5ON MRELB Suyort S*IWn &uy»rj S*ll*ri SMR CV 265.00 267.00N 266.00
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    • Article
      Produce Prices
      238 7 Chinese Produce Exchange Sellers' noon doting pricn on Sep 7 (SS/100 kg) Coconut oil Mk FOB Old drum FOB Now drum FOB 95.00 105.00 109.00 Copra Mixed (loot*) 56 Pepper Muntok white FOB NLW Sarawak white FOB fo<) NtW Sarawak special block FOB NLW Sarawak Asta block FOB
      238 words
    • Article
      KL Tin loses four cents
      86 7 THE PRICE OF TIN on the Kuala Lumpur Tin Market eased four cents from last week'a close to M 516.77 per kilo yesterday after a brief trading session. Sentiment remained bearish due to the weaker overseas performance mainly on currency factors. Turnover was 111 tonnes
      86 words
    • Article
      RAS and MRELB
      267 7 RAS prices in S cants/kg, FOB In bate NOON CLOSE Buyers Sellers Buyers Sellers Buyers Sellers Buyers Sellers lot 1 RSS Prompt 222.00 223.00N 221.50 222.50N Int 1 RSS Oct 87 218.50 219.00 218.00 218.50 lot 1 RSS Nov 218.25 218.75 217.75 218.25 Int 2 RSS OP
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      103 7 New Orleans Is Open For Lunch We're open tor lunch due lo frequent demand from our guests! Now you can enjoy a choice of our excellent 3-course New Orleans Executive Luncheon or Deluxe Buffet,offering great New Orleans and Continental cuisine at the best value in town! Only $23.50* Available from
      103 words
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      Page 7 Advertisements Column 2
      4 7 NEC: The Soft Answer.
      4 words
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  • PERSPECTIVE
    • Article
      Rotating auditors: the wider issues
      498 8 MEMBER OF PARLIAMENT Mr Chandra Das touched a raw nerve when he suggested that auditors of public companies should be rotated every five years. The idea immediately raised auditors' hackles and brought some otherwise staid directors close to vulgarity. But proponents, mainly accountants from the
      498 words
    • Article, Illustration
      Lock icon Chemical industry: From gloom to boom
      784 8 Campbell Soup is planning to use plastic cans for some of its products while tomato ketchup is already available in plastic bottles. Developments like these mean boom for the petrochemicals industry. Sales are rising quickly, some companies are making profits for the first time
      The Economist  -  784 words
    • Article
      Lock icon Japanese investments flood Britain amid hostility
      969 8 AP ENCOURAGED by their success, Japanese companies are pouring more investments into Britain and switching the focus from manufacturing to finance. "Big Bang", the sweeping deregulation of Britain's financial markets last autumn, has given the Japanese an added incentive. But the financial firms more
      AP  -  969 words
    • Article, Illustration
      Lock icon Soviets explore space market
      714 9 NYT THE SOVIET space programme, once wrapped in secrecy, has begun to offer a diverse line of goods and services to all who have the money. The sales blitz is complete with slick brochures and managers eager to cut deals, offering anything from launching services and
      NYT  -  714 words
    • Article
      Lock icon S Koreans nervous about American protectionist threat
      892 9  -  The trade Bill which is likely to emerge from the US Congress is of concern to South Korean officials. They now suspect that US policy makers are drifting away from multilateral trade relations. Instead, talk of bilateral trade agreements and reciprocity are creeping
      FT  -  892 words
    • Article, Illustration
      Lock icon Everyone's a millionaire in Yugoslavia
      648 9 Reuter IN YUGOSLAVIA, anybody can be a millionaire. But your million buys little more than a bunch of bananas, a bag of oranges and enough steak for one. Some 25 years since Yugoslavia revalued the dinar, lopping off two zeroes, Yugoslavs still call 10,000 dinars
      Reuter  -  648 words
  • Page 8 Advertisements
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      141 8 Jean Behra at the u,heel of the Maserati 250F which won the Italian Grand Prut at Modena in 1957. Maserati became World Champions the J MASERATI. &<* «§BS iv& si? ii V-* 3 •:> >•»* v h The 1987 Maserati Spyder. Twin-turbo 2,500 c.c. V-6 engine producing 192 b.h.p. at
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      682 8 CRYPTIC PUZZLE ACROSS 3 Like coins, they may contribute to brakes (5) 8 To make wild pleas can be a bit of a bloomer (5) 10 The chap I harm somehow (5) 11 Hit with a piece of shrapnel (3) 12 Being deceived, a beast gave food out (5) 13
      682 words
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  • Page 9 Miscellaneous
    • Miscellaneous
      Page 9 Miscellaneous Column 1
      1199 9 m aas aaao® PM SBC Text Sample Pages. Opening and Programme Highlights followed by High and Dry. The Splendour Of The Moghuls Women and Warriors (Last episode). This programme shows the life-styles of the Moghul emperors, empresses and warriors through the remains of their civilization and their buildings. World Music
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  • Page 10 Advertisements
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      617 10 Computers and Communications Reliable hardware. Singapore is well on its way to becoming the intelligent island of the 1990 s. A dynamic and enterprising business community of interactive computers and communications. Will your business be ready to flourish in the emerging digital environment? It can now, with an intelligent, productive
      617 words
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      172 11 Growtli-tte way you want it. When it comes to computers, the name to remember is NEC. Because we can provide you with everything from powerful MRS Advanced Personal HESI Computers to ASTRA ;r small-business computers, :i iiiln^ computers from a single reliable source. And we can help you build an
      172 words
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  • SPORTS & LEISURE
    • Article, Illustration
      A roaring success
      525 12  -  By CHERRIE HOLDER A TEN-YEAR-OLD DREAM became reality last month and this past weekend, tribute was duly paid to the man whose sand castles in the air gave Singapore River a facelift and a water sports site that will hold its own with any championship site in
      525 words
    • Article, Illustration
      Lock icon Wakihiru runs away with marathon
      353 13 AFP DOUGLAS WAKIHIRU brought the World Athletic Championships to a wonderful finish for Kenya on Sunday with the biggest upset of 1987. The 25-year-old Kenyan, who spends half the year studying in Japan, resisted Rome's sweltering heat and humidity and some of the world s
      AFP  -  353 words
    • Article
      Lock icon M'sian athletes must prove their worth
      215 13 Bernama MALAYSIA'S group of elite sportsmen and sportswomen, including the men's hockey squad, have to prove their worth in the SEA Games in Jakarta, beginning tomorrow, if they want to remain under the gemilang project which is geared for excellence at the 1990 Asian
      Bernama  -  215 words
    • Article, Illustration
      Lock icon Piquet wins Italian GP
      261 13 AP BRAZILIAN Nelson Piquet stepped closer to his third world title on Sunday by winning the Italian Formula-One Grand Prix ahead of Ayrton Senna and Nigel Mansell, his toughest challengers in the 1987 Drivers' Championship. A 35-year-old veteran of 136 Grands Prix, Piquet piled up a
      AP  -  261 words
    • Article
      Lock icon East Germans maintain status as best track and field state worldwide
      445 13 UPI EAST GERMANY is still the greatest track and field nation in the world. Despite the huge populations of the US and the Soviet Union, the traditions of Britain, West Germany and Italy, and the as yet unfulfilled promise
      UPI  -  445 words
    • Article
      Lall must watch out for Japanese
      409 13  -  SINGAPORE APES'QQLF ASSOCIATION mu/f CarUer .Fbrts. 1987 AMATEUR OPEN CHAMPtONSHP By WALTON MORAIS INDIAN Nonita Lall may be the favourite, but a twin Japanese charge could upset the scales when the Les Must de Cartier Singapore Ladies Amateur Open golf championship tees off at
      409 words
    • Article
      Lock icon Forsbrand first Swiss to win strokeplay title
      198 13 Reuter ANDERS FORSBRAND became the first Swede to win a strokeplay title on the PGA European Tour when he fired 62 for a 25-below-par 263 in the European Masters Swiss Open on Sunday. Forsbrand, runner-up in last year's event to Jose Maria Olazabal
      Reuter  -  198 words
    • Article, Illustration
      Lock icon Woodforde and Krishnan keep the surprises going
      343 13 AFP MARK WOODFORDE of Australia and Ramesh Krishnan of India continued to spring the surprises of the US Open tennis championships. Woodforde became the only qualifier to reach the last 16 when he trounced Milan Srejber of Czechoslovakia 6-2, 6-1, 6-1. "I'm more
      AFP  -  343 words
    • Article
      Lock icon A facelift for American tennis
      204 13 Reuter AMERICAN tennis officials are considering a plan to pour US$6.5 million into developing US tennis, once a major international force but which has failed to produce a Grand Slam winner in three years. "If things Keep going the way they seem to be going,
      Reuter  -  204 words
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      828 12 i !M sS W 5® I ~> v L± T* -•> w TZ M "HSoChiA!" M m mmm I WWII i m 7% r. 8 lI,Hi? 91 I At the *Qqfo Sfc&rand We feature various local specialties. We recommend... THE HAINANESE CHICKEN RICE $7.00++ Served with Piping, Hot Chicken Soup
      828 words
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      Page 12 Advertisements Column 2
      248 12 Singapore Airlines and Mandarin Singapore present GQumer resnvfti 27 August to September 13 1987 A one-stop tour of the food, fashion and culture of seven countries. At The Mandarin Hotel Reception Hall (sthfloor, South Wing). Special performances Korea: September 8 to 10 Traditional court and folk dances. Lucky Draw! All
      248 words
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      Page 13 Advertisements Column 1
      265 13 Pt :w ngsMHPqg s PS*i p si F Is .O' in ?SS> :'M;. übertiuf dhfll So much to choose for only $18.50. A sumptuous spread with many different types of appetisers, hot and cold soups, a salad selection...superb pastries, truffles, tortes cheese board, fresh fruit freshly brewed coffee All for
      265 words
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      Page 13 Advertisements Column 2
      216 13 CANTON CARPGN m Pleasing, contemporary surroundings. With exquisite lunchtime dim sum and delicate Cantonese cuisine fit for an emperor. Closed on Mondays. 3rd Floor, Westin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. The Westin Plaza Raffles City 2 Stamford Road, Singapore 0617. Westin Hotels Resorts THE
      216 words
  • Page 13 Miscellaneous
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1204 14 SINGAPORE: The US dollar closed slightly lower against major currencies yesterday after light selling pressure in thin afternoon trading. Dealers said that sentiment for the dollar remained bearish in spite of a half-point rate increase in the US discount rate in New York last Friday. Dealers reported the
      1,204 words
    • Article, Illustration
      World interest rates
      197 14 Indicates the average of Km prima landing rate* o< 12 major banks In S'poro Interbank market rates (offer/bid) on Sep 7 us$ DM SWFC Y«n 7 doyi 1 Mk 3 Mk Mk 12 Mk 7 3/1* 1/1* 7 J/0 1/4 7 »/1* 7/1* 7 7/t 3/4 7/1*
      197 words
    • Article
      Asian dollar market
      248 14 ASIAN DOLLAR deposit rates closed steady at firmer opening levels in quiet trading yesterday. Term rates firmed between 1/16 and 3/16 point at the outset. Thereafter rates were unchanged. One month closed at 7% 7% per cent, threes at 7% and sixes at 7-15/16 7-13/16. Asian dollar
      248 words
    • Article
      Money markets
      63 14 THE OVERNIGHT RATE on the Singapore interbank market rose two points to 4 per cent yesterday. One month shed 1/16 while three months gained 1/16. Two months closed unchanged. S$ Interbank rates at 7pm yesterday: OMW NO CW nigM 4 3 1/2 IHW* 4 5/16 4 3/1« 7-morĔh
      63 words
    • Article
      Lock icon Simex/IMM
      562 14 general market information by BA Futures THE INCREASE in the US discount rate by half percentage points led the Dec Eurodollar to gap sharply lower at 91.67 during Simex's opening yesterday. The market firmed initially to 91.69 but backed off to 91.65 on dollar softness in a nervous trading
      general market information by BA Futures  -  562 words
    • Article
      Lock icon Government securities market
      213 14 OUB ACTIVE TRADING was seen in the 5year notes and the 3-month T-bills market for the week ending Sep 4. The September 1992 bonds which opened at 99.95/05 held steady for the first four days of the week before closing lower at 99.81/91. May 1992 bond opened
      OUB  -  213 words
    • Article
      Options
      1265 14 CURRENCY FUTURES OPTIONS IMM Mdoy, S«f rtwnb*r 4 1987 BRITISH POUND C2S,000; cut 1 pw t W" If c OcK 1 B6C-C PM NM Oct* o*>+ 1600 5.1 S 455 5.45 0.004 0.50 1.40 1623 2.65 275 3.90 0.004 1.15 2.30 1650 0.25 1.43 2X5 0.004 2.35 3-55 1675
      1,265 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      960 14 VAN DER HORST LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING Notice is hereby given that an Extraordinary General Meeting of Van Der Horst Limited will be held at 11 Pandan Crescent Singapore 0512 on 29th September 1987 at 10.00 a.m. for the purpose of considering
      960 words
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      Page 14 Advertisements Column 2
      259 14 YOUR QCSE/QCE OR PROFESSIONAL EXAM SUCCESS Study at home pass first time with The Rapid Results College ACCREDITED BY COUNCIL FOR THE ACCREDITATION OF CORRESPONDENCE COLLEGES Complete Home Tuition Service RRC Self-contained courses specially prepared and regularly updated for GCSE/GCE '0' and 'A' levels and Professional exams Unrivalled tuition service
      259 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Indonesia's foreign banks expect big jump in profits
      783 15 AFP FOREIGN BANKS in Indonesia posted a three-fold increase in pre-tax profits in the first six months of 1987 but business is likely to be sluggish for the rest of the year. Bank executives in Jakarta said yesterday that the 11 foreign
      AFP  -  783 words
    • Article
      Lock icon Japanese city banks' capital plan hits official barrier
      607 15 Reuter A PLAN by Japanese city banks to boost their capital ratios by securitising nearly 13.000 billion yen in housing loans has run headlong into the official barrier between city and long-term banks. Bank officials in Tokyo said last week that the
      Reuter  -  607 words
    • Article
      Lock icon UK and US banks trail in loan-loss reserves
      375 15 FT BRITISH and American banks are trailing in their efforts to build up a cushion against losses on loans to problem Third World debtors, according to a report from a London-based bank analysis company. The report, from IBCA Banking Analysis, suggests the
      FT  -  375 words
    • Article
      Lock icon Greenspan and central bankers meet
      310 15 Reuter THE PLIGHT of the dollar was likely to dominate private meetings yesterday between Alan Greenspan, new chairman of the US Federal Reserve Board, and central bankers from other leading industrial nations. Monetary officials, in Basle. Switzerland, for a regular monthly meeting at the Bank
      Reuter  -  310 words
    • Article
      Lock icon Canadian bank reports loss
      56 15 AFP THE CANADIAN Imperial Bank of Commerce has reported a C 5344.7 million (U*****.5 million) third quarter loss following a major increase in provisions against Third World loans. Last month, the bank added Cs4so million to reserves covering loans to 34 Third World debtors, bringing those
      AFP  -  56 words
    • Article
      Lock icon Yugoslav scandal bares a root cause of economic woes
      686 15 Reuter YUGOSLAVIA'S biggest financial scandal since World War II has bared a root cause of serious economic that include triple-digit inflation and huge foreign debts. The fiasco, details of which have filtered out in Yugoslav media since mid-August, centres on a
      Reuter  -  686 words
    • Article
      Lock icon Securities market seen as major trend factor
      562 15 Reuter SOME CURRENCY TRADERS are focusing more on the underlying impact of world financial transactions in an attempt to pin down trends in today's volatile markets. Industry sources in New York said yesterday that typically, traders scrutinise a country's monetary and fiscal policies
      Reuter  -  562 words
    • Article
      Lock icon US completes first major sale of federal loan portfolios
      142 15 AFP THE US government has completed the first major sale of federal loan portfolios, according to White House spokesman Marlin Fitzwater. "Last week's sale of more than US$l billion worth of agricultural development loans proves that many federal financial assets can
      AFP  -  142 words
    • Article
      Lock icon Rise in bank deposits of Opec members
      164 15 AFP SEVEN ARAB MEMBERS of the Organisation of Petroleum Exporting Countries and Iran (also a member) increased their deposits in Western and Japanese banks in the first quarter by US$l.3 billion to a total of US$ll6 billion in March. The Bank for International
      AFP  -  164 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      67 15 We are a very large banking and finance recruitment consultancy. Our clients are large international banks. We have the best access to banking jobs both locally and internationally. We handle all our assignments in the strictest confidence. 15-03 Octagon Building 105 Cecil Street, Singapore 0106 Tel: 225-4877 L ONDOH-BPUSSEL S-HONGKONG-SINGAPOPE-S
      67 words
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      Page 15 Advertisements Column 2
      114 15 Prime Offices Warehouse For Sale By Tender A modern 4-storey office building and a quality 2-storey warehouse together with potential for additional office developments on this very large plot of freehold land Location Harpers House 154 West Coast Road near Clementi West St 1 Rentable Office Area 28,899 sq ft
      114 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article, Illustration
      Malaysian counters firm in light trading
      4309 16 PRICES OF selective Malaysian counters firmed in very quiet market trading yesterday, recovering some of the hefty losses suffered in recent weeks. Brokers said bargainhunting helped to push share prices higher on a fairly broad front, with some blue chips posting double-digit gains. At
      4,309 words
    • Article
      Chief price changes
      258 16 SINGAPORE Rites 30 mdl CM Sap 4 Sap 7 D I S 1*30 IT Cowpa*. 1249.25 12*4.14 M larking 715 25 ITOt/OS -313 -273 Lmk Chang 50% 214 24 IT CADI -*020 -5929 S P M 10*0 20 IT 10-dar MA -5t12 5*39 CaW Stor* 10p 540
      258 words
    • Article
      Business done on the SES
      3802 16 SECTION ONE MDUSTRIAL COMMERCIAL Aemo (2 29 B 2 30 SJ (51 2 30 (21 2 33 (7) 2 36 (2 2 34 (6i 2 32 1191 2 30 (21 2 35 111 2.29 Amol Staal 50* (277 B 2 78 SI (91 271 IS
      3,802 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      50 16 KL mart* report Businoos don* on KLSE Pago 18 R «r BEASTS I .k Roald Dahl, that master of wicked humour, has created a ghastly menagerie of dirty beasts all doing the most extraordinary and unmentionable things, in irreverent and absurdly comic verse! Available at al Good Bookshops STP Distributors
      50 words
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  • COMPANY NEWS
    • Article
      Share forgery: KLSE pressing for action
      478 17  -  Pahang Investments, FCW being closely monitored By ROSIE TAN THE KUALA LUMPUR Stock Exchange (KLSE) is prodding two Malaysian companies, known to have irregular or forged share certificates, to take the necessary action to resolve their problems. The two companies, Pahang Investments PLC and
      478 words
    • Article
      Lock icon Bank Bumi all set
      119 17 Bernama BANK BUMIPUTRA Malaysia Bhd will begin stockbroking operations in January next year, its chairman Tan Sri Haji Basir Bin Ismail said yesterday. He confirmed that the bank has received an approval letter from the finance ministry to begin stockbroking operations. He said Bank Bumiputra would
      Bernama  -  119 words
    • Article
      UIC outlines FCC share swap
      390 17  -  By AMY BALAN UNITED INDUSTRIAL Corporation's much awaited circular detailing the proposed two-for-one share swap with First Capital Corp is out. An extraordinary general meeting has been scheduled for Sep 23 to obtain approval from UIC shareholders for a new stock issue. The new shares
      390 words
    • Article, Illustration
      Sinclair dies
      212 17 WELL-KNOWN stock market analyst Mr Donald Sinclair (above), collapsed and died yesterday morning while jogging at the Polo Club in Ipoh. He was 61. The cause of death is not known. His daughter, Miss Wei Sinclair, said a doctor's report is expected to be released today. Mr Sinclair,
      212 words
    • Article
      'M'sian plantations a good buy'
      608 17  -  mxm nil By ALVIN TAY BULLISH about the outlook for palm oil and rubber prices in the next year, James Capel Singapore Research is recommending that investors consider the plantation counters as a good entry into the commodity-based Malaysian economy. In a special report on
      608 words
    • Article
      JAMES CAPEL'S PICK OF THE CROP
      909 17 Asiatic Development Bhd: The groups FFB (fresh fruit bunches) yield is below industry norm about 18 tonnes/ha due to a relatively high percentage of young mature oil palms which are below five years old. The planted hectareage has increased by 509 per cent over
      909 words
    • Article
      Hwa Hong registers 6pc increase in pre-tax profits
      192 17 A HEFTY JUMP in investment income helped Hwa Hong Corporation post encouraging interim corporate results for the six months ended June 30, 1987. The group, now diversified into insurance, property, and construction, besides its traditional edible oil manufacture, has reported a 6
      192 words
    • Article, Illustration
      City Dev to launch six projects worth $300m
      601 17  -  By LISA LEE WITH THE UPSWING in the private housing market. City Developments Ltd (City Dev) will launch another six new residential projects worth an estimated $300 million over the next year. By December this year, the first three projects will come
      601 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      73 17 COMPUTERISED CHARTING SERVICE FOR THE LOCAL STOCKMARKET The best-selling computerised charting service in Singapore Malaysia Provides historical data tor all counters on the SES. Used by leading banks, stockbroking firms and diversified institutions Studies Features Trendlines/Bar Charts/Point Figure/Line Charts/Relative Strength Indicator/Momentum/Overbought-Oversold/CADI/Volume Studies/Daily Weekly Price Charts and many more! Erlcsons Software
      73 words
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      Page 17 Advertisements Column 2
      333 17 HWA HONG CORPORATION LIMITED (Incorporated in the Republic of Singapore) HALF YEARLY REPORT ANNOUNCEMENT UNAUOfTEO CONSOUOATED RESULTS FOR THE SIX MONTHS ENOEO 30TH JUNE 1987 GROUP 1987 1986 COMPANY 1987 1986 Hatf Year To 30 June SSOOO SSOOO 4,217 6.0 1,755 3,658 8 9 1.832 2.602 29 6 11 182
      333 words
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  • REGIONAL MARKETS
    • Article
      Lock icon 'Zaitech' takes its first victim
      448 18 AFP OSAKA CHEMICALS manufacturer Tateho Chemical Industries is the first, but will probably not be the last, to burn its fingers playing zaitech' a corruption of the Japanese for making money using financial technology. Tateho, a medium-sized firm, announced last Wednesday a 20 billion yen
      AFP  -  448 words
    • Article
      Lock icon China seeking joint venture with Japanese car makers
      137 18 AP CHINA HAS asked Japanese car makers to participate in a joint venture to manufacture passenger cars in China, a Japanese industry official said yesterday. A Nissan Motor Co official said his company had received a request from China to take part
      AP  -  137 words
    • Article
      Lock icon KL prices recover on renewed buying
      3778 18 Reuter STOCK PRICES in Kuala Lumpur rebounded on renewed support after having fallen over the past week, dealers said. Trading was fairly moderate. The recovery was due to a technical adjustment to the recent weakness. Dealers said last Friday's lower prices attracted some bargain
      Reuter  -  3,778 words
    • Article
      Lock icon Matsushita business showing signs of recovery
      192 18 UPI MATSUSHITA Electric Industrial Co. Japan s largest manufacturer of consumer electric and electronic products, said yesterday its business performance showed signs of recovery for the first quarter ended last June 30 despite the strong yen. The Osaka-based manufacturer of 'National*. 'Panasonic','Quasar' and 'Technics'
      UPI  -  192 words
    • Article
      Lock icon Share prices ease slightly
      689 18 Hongkong DBS Securities SHARE PRICES in Hongkong yesterday closed slightly lower despite extensive profit-taking by small investors after sharp price gains last week, brokers said. The softer sentiment at the start of trading wss partly due to the 0.5 per cent rise in the US discount
      DBS Securities  -  689 words
    • Article
      Seoul
      101 18 w n Chail Sugar WON ***** -*-90 Kal Kangwon Ind.... Kta Motor ***** ***** ***** -♦■TOO -300 -*>000 Daaiim Ind +190 Koton Ind 39(100 400 Dmwoo Corp ***** ***** D—woo Heavy Datahin SacuriOaa Dong Ah Phar ***** ...***** ***** ■♦•900 400 Lucky Ltd Ortanttl Brawary... ***** igoo 050 -00
      101 words
    • Article
      Unit trusts
      265 18 Manogors' print for S«p 8 Singapore Unit Trust DBS Bank SA*nto« Gr Fwtd Japan Gr Fund 2. It IX 221 it Tha Con—if 123 130 Stianton TVih Fund 100 ia THa Savings Fund lOt I.I* UOB Managoi S port frog Fund Oil OSS m«nt S'pora Sac Fund 044
      265 words
    • Article
      Lock icon Tokyo
      524 18 Reuter TOKYO SHARE prices plunged in very thin trad* yesterday on rumours more companies may have suffered ioeees similar to those of Tateho Chemical Industries in local bond markets. The 225-ehare market index fell 361.26 to ctoee at 25,004.09. It ended at 25,355.35 on Saturday. Brokers said concern over
      Reuter  -  524 words
    • Article
      Lock icon Sydney
      479 18 Reuter THE AUSTRALIAN share market climbed sharply yesterday to record highs at the doee as demand tor quality industrial stock overcame a host of negative factors from abroad over the weekend. They said the poor performance on Wall Street flat bullion prices and the closure of US markets last
      Reuter  -  479 words
    • Article
      Manila
      81 18 07 PESOS Onantal B 0 0975 -0 022! Ph<l Ovwimi Acoia Mining Ptxlax B Anglo Phil 0 034 0 006 Apax Mining B 0.0875 -***** 5S5 -12 5 Atlas Con B 31 SO -55 Baguio GoM San Migual B 206 -2 002 -0 003 0 032 -0 004 Banguat
      81 words
    • Article
      Taipei
      241 18 w n All Sincere Indus. Asia Cement MTI 4 32 56 00 •018 5 Kolin Kuochan Oav Laa Chang Yuan Cham Indus 40 80 49 00 39 30 33 40 2 2 3 3 Camay Cons 97 50 -05 Nan Ya Pits 65 00 4 5 Chang Hwa Bank
      241 words
    • Article
      Bangkok
      130 18 kp n a AKT Post Publishing Saha Union 400 -2 Ao Kltam Thai 204 unch Siam Camant 1498 -6 Ayudhya Invaatmant 366 4 Stam City Bangkok Agro-lnd 228 -2 Camant 1436 -46 Bangkok Bank 355 -6 Siam Commarciat Bank Of Ayudhya 356 6 Charoong Thai Wira S»am Food Producto
      130 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      286 18 Grasp this rare opportunity today! Produce rich Venison and Velvet on an Australian Deer Farm. Fast-growing and lucrative industry near Melbourne. Deer! 150 faUow Does and 250 Stags thrive on this immaculate farm which supplies Melbourne's renowned restaurants with gourmet Venison products. Valuable Velvet. The property also produces superb medicinal
      286 words
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      Page 18 Advertisements Column 2
      45 18 Don't Invest Until you've read this book. \OTJ& i Pf&W^ I on(y ns() i\ Piibllshrcl by TIMES »O<W «IHN*TON»I In the same series: Value and Tax the essential facts Explains annual value and property tax. Available at all good bookshop* STP Distributors >*'Prf ??f> l
      45 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Ladbroke buys Hilton International chain for £645m
      675 19 IHT LADBROKE GROUP PLC. the world's largest bookmaking and off-track betting firm, said last Friday that it had agreed to purchase the Hilton International Inc hotel chain from Allegis Corp for £645 million, or about US$l.O7 billion. Allegis. the Chicago travel services group
      IHT  -  675 words
    • Article
      Lock icon Scottish National girds itself against predators
      514 19 FT SCOTTISH National Investment Trust, a £350 million (US$576 million) fund and part of the Gartmore stable, has joined the lengthening list of trusts taking pre-emptive action against potential predators, with one of the largest and most innovative restructurings to date. In the process,
      FT  -  514 words
    • Article
      Lock icon US federal body subpoenas Chase, Wells Fargo
      595 19 Reuter THE US COMMODITY Futures Trading Commission has issued a subpoena to Chase Manhattan Bank in connection with off-ex-change instruments that might violate Federal Commodities law, a Chase spokesman said. Wells Fargo and Co also has been subpoenaed by the Federal regulatory agency,
      Reuter  -  595 words
    • Article
      Lock icon NEC to make mobile phones in Britain
      215 19 FT NEC is to become the first Japanese company to make cellular mobile telephones in Britain for the booming UK market. The decision has been made partly because of an inquiry launched by the European Commission in July into the alleged dumping of
      FT  -  215 words
    • Article, Illustration
      Lock icon M Grenfell chief in fighting mood
      874 19 FT JOHN CRAVEN has for four months now occupied the hottest seat in British merchant banking as chief executive of Morgan Grenfell. During that time, he had to deal with the continuing fail-out from the Guinness affair, which earned Morgan the epithet "troubled merchant
      FT  -  874 words
    • Article
      Lock icon Goodman sets sights on UK, N America
      302 19 Reuter AUSTRALASIA'S largest food group, Goodman Fielder Ltd, is likely to target Britain and North America in the first phase of its proposed global expansion, general manager treasury Doug Halley told Reuter. But the group, formed 17 months ago after a merger of
      Reuter  -  302 words
    • Article
      Lock icon B Aerospace wants more foreign holders
      226 19 UPI PLANE MAKER British Aerospace is putting pressure on the government to raise the 19 per cent limit on foreign shareholdings in the privatised firm. Although the company is now private, the government still pulls some strings because British Aerospace is involved in defence
      UPI  -  226 words
    • Article
      Lock icon Investors watch Cons Gold
      355 19 Reuter UK INVESTORS and analysts are watching intently for Consolidated Gold Fields PLC's response to the US$95 a share takeover proposal frqm Ivanhoe Partners, led by T Boone Pickens, for Newmont Mining Corp. Analysts told Reuter that Cons Gold's options range widely. These include accepting Pickens's
      Reuter  -  355 words
    • Article
      Selected indices
      127 19 HONGKONG Hongkong Index Monday 2391 40 Fridoy 2396 01 Week ago *****9 Hang Seng Index Monday 3646 33 Fridoy 3654 48* Week ogo 3611.74 All Industrials Mondoy fridoy Week ogo NEW YORK Dow Jones Friday Thursday Week ogo 3257 3 3233 1 3169 9 2561 38 2599 49
      127 words
    • Article
      Lock icon Philips to bid for US unit
      164 19 UPI DUTCH ELECTRONICS group Philips will make a new bid for its US subsidiary, North American Philips Corporation (NAPC), in its battle for full control of the firm. A company spokesman said Philips would now offer US$5O cash for each NAPC share plus a
      UPI  -  164 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      384 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 59 AND IN THE MATTER OF APPLEYARD (SINGAPORE) LTD. (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the above named company deemed to have been held on 29th August 1987, the following resolutions were duly passed: SPECIAL RESOLUTION RESOLVED that the
      384 words
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      Page 19 Advertisements Column 2
      476 19 NOTICES L 3 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 E TUCK WOODWORKS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of E TUCK WOODWORKS PTE LTD duly convened and held at 354K, Alexandra Road, Singapore 0315 on the 3rd day of September
      476 words
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      Page 19 Advertisements Column 3
      510 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF UNION MARITIME (PRIVATE) LIMITED (Incorporated In Singapore) (In member*' voluntary wlnding-ap) At an extraordinary general meeting of UNION MARITIME (PRIVATE) LIMITED duly convened and held at No. 95 Kallang Way 3. Singapore 1334 on Thursday, 3rd
      510 words
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  • Article
    MRT and bus operators shelve fare restructuring
    567 20  -  By LIM SOON NEO THERE IS NO NECESSITY for any fare restructuring later this year as full integration of the bus and mass rapid transit systems will not be implemented when the first MRT trains start running. Going ahead now with fare restructuring
    567 words
  • Article
    SBS rules out fare increases in near future
    183 20 THE SINGAPORE Bus Service will try to keep its present fares for as long as possible, said a SBS spokeswoman yesterday. "We don't foresee any fare increases in the near future." she said. The statement was made in response to BT queries
    183 words
  • Article, Illustration
    Lum Chang tied up in $100m worth of projects
    592 20  -  By LEE HAN SHIH, Property Correspondent MOVING SWIFTLY in the recovering property market, the listed Lum Chang Holdings (LCH) group has involved itself in two major projects worth a total $100 million. And it is expecting more business to come its
    592 words
  • Article
    Lock icon KL to upgrade small industries
    291 20 Bernama ES MALAYSIA is intensifying efforts to upgrade its small- and medi-um-sized industries to make them viable and effective feeder industries for potential foreign enterprises keen to invest in the country. Trade and Industry Minister Datin Paduka Rafidah Aziz said she had directed the Export
    Bernama ES  -  291 words
  • Article
    Lock icon Ramos calls for higher pay for soldiers and better military ware
    171 20 AFP PHILIPPINE Armed Forces Chief Fidel Ramos yesterday called for higher pay for soldiers and the modernisation of military equipment. The current low salaries for soldiers U5548.54 a month for new recruits were decried by junior officers who led
    AFP  -  171 words
  • Article
    Peace talks must involve Viets, Dhana reiterates
    533 20  -  By BRIAN GOMEZ, Regional Correspondent FOREIGN MINISTER Mr S Dhanabalan yesterday reiterated the Asean call that Vietnam be involved in any peace talks involving the rival Kampuchean factions. "The Heng Samrin regime (in Phnom Penh) will not last one week without the Vietnamese,"
    533 words
  • Article
    Lock icon Hongkong a key retail centre
    155 20 AFP HONGKONG'S retail sales totalled U559.36 billion in 1985, making the British colony Asia's second largest retail centre after Japan. Financial Secretary Piers Jacobs said at the opening ceremony of the third Asian Retailers Convention in Hongkong yesterday: "This is a considerable achievement, but with
    AFP  -  155 words
  • Article
    Lock icon Honecker in Bonn
    42 20 AFP EAST GERMAN leader Erich Honecker was welcomed on an historic official visit with full honours in Bonn yesterday. In a statement, he emphasised the responsibility of the divided German states in seeking "peace and detente'' in Europe. AFP
    AFP  -  42 words
  • Article
    Lock icon NZ opposition leader ready to quit
    103 20 Reuter THE deputy leader of New Zealand's opposition National Party, trounced by the Labour government in general elections two weeks ago, said yesterday that he was ready to resign. George Gair, also party finance spokesman, said he would quit both posts at a party
    Reuter  -  103 words
  • Article
    Lock icon Tudor wins battery supply order
    84 20 Reuter SWEDEN'S Tudor AB said yesterday that it had won an order of 1.4 billion crowns to supply submarine batteries to a Swedishled consortium which is building a new submarine fleet for the Australian navy in Adelaide. Tudor, a wholly-owned sub- sidiary of Finland's Neste
    Reuter  -  84 words
  • LATE FILE
    • Article
      Lock icon Electrical: M$4b industry by 1995
      39 20 Bernama ES MALAYSIA'S electrical sector is projected to grow into a Ms4b industry by 1995, says Ms Mardziah Abdul Aziz, director of Electrical and Electronics Industries Division of the Malaysian Industrial Development Authority. Ber-
      Bernama ES  -  39 words
    • Article
      Lock icon Elections to be held in January
      43 20 Reuter ELECTIONS for hundreds of regional mayors and governors in the Philippines are likely to be held in January next year following preliminary approval yesterday by President Aquino, Senate Local Government Committee chairman Aquilino Pimentel said. Reuter
      Reuter  -  43 words
    • Article
      UK retail sales rise
      51 20 THE VOLUME of UK retail sales rose a final, seasonally adjusted 1.4% in July after rising a final 3.2% in June, Department of Trade and Industry figures show. The July all-retailers sales index, base 1980, was put at a final 131.2 after a final 129.4 in
      51 words
    • Article
      Lock icon Bavadra refuses talks
      68 20 Reuter DEPOSED Fijian Prime Minister Timoci Bavadra has pulled out of political peace talks with the rival Alliance Party after death threats and attacks on his supporters, he said in a letter to the gover-nor-general, Ratu Sir Penaia Ganilau. Bavadra blamed his decision on the radical Taukei
      Reuter  -  68 words
    • Article
      Lock icon German deficit doubled in July
      38 20 Reuter WEST GERMANY'S overall balance of payments deficit nearly doubled to 2.45b marks in July from 1.30b in June, and compared with a 2.21b surplus in July 1986, according to Bundesbank figures. Reuter
      Reuter  -  38 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      280 20 19/ MINIMUM I/O PER ANNUM! GUARANTEED* •86 CONS otto ATE 0 ENERGY PTE t.TD r-i v That's the savings our clients enjoy when £SS CT# they install the unique ESS.B6 energy q/j saving microprocessor on their air™OO conditioning or refrigeration units. LOW COST SERVICE-FREE i BOUGHT BY LEADING COMPANIES IN
      280 words
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  • SHIPPING TIMES
    • Article
      Pan Asia ship in Main Group's service won't raise capacity
      454 21  -  By G DURAIRAJ THE ENTRY of Pan Asia Shipping into the Main Group's Straits/Taiwan/Japan service will not result in any additional capacity in the trade. Pan Asia's contribution to the service, the 576-TEU Iris Ace, will basically replace the Bunga
      454 words
    • Article
      Lock icon Nedlloyd to revamp Atlantic services
      193 21 Reuter DUTCH SHIPPING FIRM Koninklijke Nedlloyd Groep NV says it will reorganise its Atlantic services in a move to obtain further expansion and to improve financial results. "The reorganisation is aimed at lifting the market and logistical operations in Europe and North America to a
      Reuter  -  193 words
    • Article
      Lock icon KSC to set up association
      99 21 Seatrade Week THE KOREA Shippers Council will set up a shippers' association for effective operation by December this year. The association will negotiate service contracts with lines on behalf of small exporters. KSC has been carrying out investigations in Hongkong and Singapore on how smaller
      Seatrade Week  -  99 words
    • PORTSIDES
      • Article
        Lock icon Missing Italian bulker found
        69 21 AFP THE ITALIAN BULK CARRIER Michele d'Amato, which was reported missing with 25 people on board off the French Mediterranean coast last Saturday. was found on Saturday night 56 km off Cartagena, Spain. The captain denied having sent out a distress call early on Saturday which
        AFP  -  69 words
      • Article
        Lock icon Conferences to raise CAF
        35 21 Reuter FREIGHT CONFERENCES covering the trade between Europe and the Far East said they will raise the currency adjustment factor (CAF) for South Korea to 12.5 from 8.5, effective Thursday. Reuter
        Reuter  -  35 words
      • Article
        Beacon to be removed
        52 21 THE GREEN Outer Shoal Resilient Beacon will be temporarily removed between Sep 15 and Oct 19. A green conical buoy, which flashes every five seconds, will be installed 80 metres south of its position at latitude one degree 14.99 minutes north and longitude 103 degrees 51.871
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      • Article
        Verolme Botiek to revamp operation
        59 21 VEROLME BOTLEK. Rotterdam's largest shiprepairer, will streamline its operation to place the company on a more competitive footing. The reorganisation will reduce its workforce from 700 to about 370. Highly skilled workers will be retained. The revamp is prompted by heavy competition in the conventional
        59 words
      • Article
        Salvage Association kept busy
        70 21 THE SALVAGE ASSOCIATION'S Dubai office is being kept at full stretch dealing with casualties in the Gulf war. Last year, 105 merchant ships were caught in the shoot-out between Iran and Iraq. Salvage Association surveyors attended to 68 of these, involving a total of 112 instructions.
        70 words
      • Article
        Pacific Container begins new service
        50 21 PACIFIC CONTAINER LINE recently started a new full container service from China to the US. Through bills of lading will be issued from Guangzhou, Tsingtao and Shanghai via Hongkong to destinations on the US east and west coasts as well as to other mid-west centres.
        50 words
    • Article
      Lock icon Gulf war causes confusion among those on sidelines
      735 22 NYT EVEN THE SEAMEN caught up in the nocturnal tanker war have trouble finding it out there beyond the serene horizon. "We never hear it, only by the TV," said Mohammed Ghandura, the Syrian captain of a small Saudi-registered cargo ship, the
      NYT  -  735 words
    • Article
      Lock icon Japanese ships sail out of Gulf
      276 22 Reuter, AFP THREE Japanese tankers in convoy have started saitmg out of the MiddleEast' Gulf and are scheduled to pass through the Strait of Hormuz some 11 hours later, according to shipping sources. The convoy was expected to leave Abu Nuayr Island, about 70
      Reuter,; AFP  -  276 words
    • Article
      Lock icon Attacks on Kuwait signal change in Iranian strategy
      300 22 Reuter THREE missile attacks on Kuwait signal a switch in Iran's Gulf war strategy as the tempo of its attacks on shipping slows, Western diplomats in the region said. The missiles represent the most direct attack yet on Kuwaiti sovereignty and appear
      Reuter  -  300 words
    • Article
      INDEX TO ADVERTISERS
      664 22 AB Shpg V 5 ABC Contoiner VNI 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrant VII 3 American Tpt X 4/5 Anship Int'l X 3 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 API M 2/3 Arrow lines X 2 Asa
      664 words
    • Article
      LONDON FREIGHTS
      1220 22 Three Panamax vessels were reported on Friday to have been chartered for light grain from the US Gulf to the Netherlands at a slightly higher level of U559.75 after a previous fixing received $9.50, ship brokers said Meanwhile, grain shippers paid $16.85 for grain from Vancouver to south
      1,220 words
    • Article
      CONSORTIA
      166 23 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang shipping ANRO (STRAITS/AUSTRALIA): Australian National Line Australia Straits Container Line
      166 words
    • Article
      Box shipping magazine gets new publisher
      119 23 PETER OWEN, former general manager of United States Lines in France, has been named publisher of Containerisation International. He succeeds Charles Fowler who retires at year-end. In making the announcement, Terry Mansfield. managing director of The National Magazine Company, said: "We are very fortunate
      119 words
    • Article
      Another berth to be built at Port Botany
      268 23  -  By KINGSLEY WOOD THE NEW SOUTH WALES Maritime Services Board is to double the bulk liquids capacity at Port Botany. Next year it will begin building another speci* alised berth costing Asl6 million which will be completed by 1990. The existing berth
      268 words
    • Article
      Lock icon Scrapping plan calls for higher insurance rates
      350 23 Lloyd's List INSURANCE PREMIUMS on obsolete or sub-standard ships should be increased as part of an eightpoint plan to encourage the scrapping of vessels, the International Metalworkers' Federation was told last week. This should in turn lead shipowners to build new tonnage and
      Lloyd's List  -  350 words
    • Article, Illustration
      Lock icon Hyundai workers protest against yard's closure
      365 23 Reuter, AFP, UPI THOUSANDS of workers demonstrated yesterday against the closure of a shipyard by the Hyundai group, South Korea's biggest exporter, over a pay dispute. The company said 5,000 workers held a sit-in at their yard in Ulsan, demanding a 14 per cent
      Reuter,; AFP,; UPI  -  365 words
    • Article
      Lock icon TANKER RATES
      278 23 AFP CHARTERERS were able to obtain tonnage at well below recent levels on the tanker market during the past week, which was marked by an exchange of attacks between Iran and Iraq on shipping and oil installations, raising fears of an escalation of Gulf tension. However, London broker
      AFP  -  278 words
    • Article
      Lock icon Melbourne port to sell trade centre
      113 23 Kingsley Wood MELBOURNE'S World Trade Centre will be sold through international property consultant Jones Lang Wootten to lighten the Melbourne Port Authority's foreign debt. The authority is faced with a Asso million capital loss on the original funding of the building through borrowing in
      Kingsley Wood  -  113 words
    • Article
      SHIPPING LIST where your ships are due...and when
      7664 28 AARHUS Ned Delft, ScanDutcht. Sep 6. Luna Maersk, Maersk Line, Sep 10. Ever Grand. Evergreen, Sep 10. Frankfurt Express. Triot, Sep 11 (PK). Ming Galaxy. Yang Ming Line, Sep 12. Luo He, China Ocean Shpg, Sep 13. Nihon, ScanDutcht, Sep 14. Ever
      7,664 words
    • Article
      SHIPS IN PORT
      452 28 AT CONVENTIONAL WHARVES Asian Clipper J5 0809/2300 10.09/1800 Eastern Friendship J9 08.09/0830 11.09^)800 VnmI Hiril 1 A > y tu 1 Pernas Simen JM 0809.0800 1009/2300 1 Amfll Departure SPC XI 112 08.09/0830 08.09/1800 KEPPEL WHARVES MARMA WHARVES Americo B Setowor Boh Prosetyo Donyong Equator III Frotario
      452 words
    • Article
      CONTAINER SCHEDULES
      858 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movamant Ship Voy data/tima Operator cargo achadula Location Sinofo 963 08 09.87 1600 Sea Consort Fl 0700-0800 «i Tor Boy 39/700 0809.87 1730 Mansfield F5 0900-0930 N2 B Butong 372 08 09 87 2300 S'pore Shpg
      858 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      767 21 A»>lat)i* at all Good Bootrtops Published by Cambridge University Press, uk STP Distributors CO*™**** 9 ,ON TfcOWJC OOCL OiyENT Oviiqias Cmtaim* Line w\m Xtm sniffinc acejiciu (N». no nsmgoo*) 200 C*ntomnt tad #12-06 Sonthpowt. Support 0201 TM 221 Oil TELEX NO RS 2(179 TERMINAL/CfS M *****11 220 BOOKINGS TM *****34
      767 words
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      Page 21 Advertisements Column 2
      80 21 aSMDB THE TANKER WAR has thrown those on the sidelines into confusion. Even the seamen caught up in it have trouble finding it out there beyond the serene horizon. Pag« II INSURANCE PREMIUMS on obsolete or sub-stan-dard ships should be increased as part of an eight-point plan to encourage the
      80 words
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      Page 21 Advertisements Column 3
      1249 21 <$, BALT-ORIENT LINE Baltic Shipping Co Rofifar Soviets from South East Asio to Unitod Hortli Confront* Ports Agent: Singapore Soviet Shipping Co Pte Ltd Tel; *****33 *1 MAERSK LINE TRANSIT TIME TO CHARLESTON REDUCED BY 5 DAYS 29 DAYS FROM SINGAPORE 34 DATS FROM PORT KELANG 33 DATS FROM PENANG
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      382 22 03 OUTBOUND TO NORTH CONTINENT COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA SPORE HAMBURG FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE ETA/ETD HA ETA ETA ETA ETA [jiasiiiMai cargo to *11 U.K. destinations. Scandinavian (Aartius. CopsnhagMi. Cottwnburf) and other European Inland points Wott African EXPRESS SERVICE
      382 words
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      Page 22 Advertisements Column 2
      18 22 and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National U Shipping Association. V
      18 words
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      Page 22 Advertisements Column 3
      527 22 tritium TRANSPORT MALAYSIA SON. BHO. TEL: 03-*****50 TLX: ***** MTM EUROPE/FAR EAST CONVENTIONAL SERVICE Frt. Booking contact Miss Gan Further load/ discharging ports en route sutyect to sufficient inducement Singapore Office: MTM S pore Tel *****00 Tlx: RS ***** MTMSEA. Fax: *****45 CHARGEURS REUNIS AIIMERISED SERVICE TO WEST AFRICA CD
      527 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      872 23 The Straits Steamship Group Mansfield Container Shipping Re Ltd nfljApT P&O IOIUViL Containers Limited CONTMCRSHP SERVICE TO UK/CONTMENT: Abo Accepting Cargo For: KaaMw| It Cepenbafan. Aartaa. Gathanbarf. Mao. Stodihotm. I STRAITS SHIPPING Singapor* to Sebeh, Sarawak, Brunei Ports and Bangkok CONTAtNERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROGRESS ft CASUS PROGRESS SPORE
      872 words
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      Page 23 Advertisements Column 2
      535 23 NOTICE ANNOUNCEMENT "Main Group" is pleased to announce that effective with "Iris Ace" Voy 363 oilt September 22, 1987 at the port of Tokyo,— Pan Asia Line will become a member the group that will continue to provide allclients with jointly strengthened "Weekly Fixed Day" services in the Japan/ Taiwan/
      535 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      319 24 Hapag-Uoyd ZMT, HLLj C"NTAINERSHIP SERVICE TO UK/CONTINENT RRina Maru Frankfurt Eiprau Owkj Bay Krtano Maru Larp Bay Eiprtu Cardigan Bay Banavon Talagj Bay To* 10 Eiprtu ALSO ACCEPTING CARGO TO: «Il UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN. AARHUS GOTHENBURG. MALMO. HELSINKI OSLO. AMSTERDAM CARIBBEAN S AMERICA CONV SEMI-CONTAINER SERVICE TO
      319 words
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      Page 24 Advertisements Column 2
      772 24 *lu»' &.LINE tmiA c a*?*** FULLY CONTAINERISED SERVICE fTO EUROPE VIA SUEZ "1 ol Cf c n o tlufn S pore LeHjvrt R dwn Fstow* H'burg B ha»tn NEPTUNE CRYSTAL 41W HONGKONG CONTAINER SIW 20.3 TRANSWORLO BRIDGE 39* ?49 SEVEN SEAS BRIDGE 62W 1/10 ACE CONCORD 11W 5/10 KOREAN CHANCE
      772 words
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      Page 24 Advertisements Column 3
      458 24 INDIA STEAMSHIP n EXPRESS FCL7LCL 1 FORTNIGHTLY CONTAINER SERVICE TO MADRAS VIZAG HALDIA CALCUTTA CHITTAGONG CHALNA COLOMBO T. FONTANE VION INDIAN COURIER V23N T FONTANE VIIN INDIAN COURIER V24N T FONTANE VUN INDIAN COURIER V2SN SIN urn am 0910 17fl0 31/10 nai VIZ- CTC HAL CAL HAD CBO ML A
      458 words
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      Page 24 Advertisements Column 4
      963 24 MM 1 M it.,. EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGP HKC KSC KLG PUS OSK TYO KSN EVER GIANT EVE* GENIUS In Pt 12/9 14/9 20/9 11/ M EVER GLORY EVER GREET 15/9 19/9 21/9 tilt nn» EVER LINKING 23/9 27/9 29/9 1/10 2t/10 EVER GLOBE 1/10
      963 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      831 25 4T PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE I INDONESIA CONTAINER SERVICE VESSEL SEA HAWK RATANA BHUM SEA DRAGON SEA DRAGON VESSEL VOY SIN SBY SMG SIN BLW PEN SEA FORTUNE 9733 SW Sid Sid In PI tit 10/9
      831 words
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      Page 25 Advertisements Column 2
      718 25 BLC BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT HAM B'HAVEN R DAM HAVRE STOW P KLANC S PORE FOR Osaka Bay Sailed Sail* Sa,M Sailed Sailed Sailed In Pert HKC. KAO htmmr Express SiM Sailed Sailed Sailed Sailed Sailed Sailed I Ufl Sailed Sailed
      718 words
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      Page 25 Advertisements Column 3
      565 25 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUBERA INDONESIA P.T. TRKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY PALEMBANG/7WB CAN DA GAMA 19WB MATARAM 19WB S PANJANG/17WB ANTWERP BILBAO BREMEN A DAM R DAM H'BURG 24/10 21/10 31/10 11A1 IC/11 23/11 2/11
      565 words
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      Page 25 Advertisements Column 4
      456 25 BOUSTEAD SHIPPING AGENCIES S'pore Sirn»AY V3IW tIW Sept HTONEYWA V227W 15/17 Sept PA-AN VIISW 26/28 Sept PAGAN Vlll* 21/30 Sept Is BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon P.Kelang Penang Bangkok £3 BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HULL HMBG TOANA PAPUA
      456 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1258 26 K"LinE SHIPPIfIG DfiTPl RTLRriTiC CDRST (Round-The-World Service) 0. FRIENDSHIP V 4 BROOKLYN BRIDGE V 4 •PK/PNG SPORE Sid 11 Sep 12 Sep 18 Sep NYC HFX 15 Oct 19 Oct 24 Oct 28 Oct PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSI LA/LB OAK CHICAGO NEW YORK 0. FRIENDSHIP V
      1,258 words
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      Page 26 Advertisements Column 2
      680 26 '/Ie AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P Kelang |lm«f Vessel tme» Vessel S'pwe Melt Frem S,dn Also Accepts "CANDIDAS" *77 14 Seo« n Sep' 8 Oct 6 Oct Adel Bris 'RAYIDAS' V 36 a Sept 13 Oct 22 Oct 20 Oct Adel Bus INDIA EXPRESS CONTAINER SERVICE Accepting
      680 words
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      Page 26 Advertisements Column 3
      617 26 GOLDEN LINE GUAM GUAN SHIPPING (Pit) LID 21. IM lyr Street sMurox him m uinu ot ues) r«i aam STRAITSPERSIAN GULF SERVICE: Spore P KeiangPenanj GOLDEN HARVEST Cotanbo/KaradM/DuDli 23/24 Sept GOLDEN HAVEN Cotanbo/Karachi Muscat 5« Oct CHINA SERVICE A VESSEL Hsmkang Shanghai 12/14 Sept— *T~CHINA OCEAN SHIPPING CO., PEKING THE
      617 words
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      Page 26 Advertisements Column 4
      510 26 EAST/FAR EASTFCL* 1/ PHILI ORICNT UNCS PTC LTD HEAD OFfiCE 63 ROBINSON ROAD -07-12 AFRO ASIA BUILDING. SINGAPORE OICS TELE* RS ***** PHILI FAt *****76 frnpTTT? DUBAI DAM MAN KUWAIT DOHA. MUSCAT, BAHRAIN. ABU OHABI I SHARJAH. JEOOAH. HOOEIOAM AQABA H KONG KOBE KFELUNG. MANILA. BANGKOK. TOKYO. COLOMBO. KARACHI, BOMBAY
      510 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      994 27 NEPTUNE ORIENT LINES LTD ET U NEPTUNE AGENCIES PTE LTD FE EU/AUST TPA/SEA Terminal CFS BOOKINGS WWSI *****U 771*177 *****53 *****19 *****16 *****22 ZZZUM >7W|| *****41 NEPLINE SDN BHD *****87 urt>. Mr rnu Dun ENQUIRIES ******4 NEPLINE SDN BHD *****87 NEPLINE SDN BHD *****33 NEPLINE SDN BHD *****5/6276tt/*****1 <*****2 NEPLINE
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      Page 27 Advertisements Column 2
      575 27 Vessel Name S pore PN P Kelang Busan Moji No 9 DonamTttN m Port 09/09 20(09 K/09 M Enterprise 713N 16/09 19/09 30/09 05/10 No I Donam 707N 18 09 21/09 02/10 07/10 Gloria 715N 25/09 26/09 U/10 14/10 No 7 Donam,7o7N 02/10 05/10 IS/10 21/10 No 9 Doram 707N
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      Page 27 Advertisements Column 3
      825 27 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41/2 p a «LANc ddreSS SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** M/S HANDLING SYSTEM CO SON BHD MCSSRS HAI THONG chippii»r No 14 Jalan Cunph. Port
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      27 27 mrr—Tri. "T1 Agent Freight Management Regular reliable seafreight consolidation service to all ports in i/.uif.i/iavMHiii:!* RECEIVING CARGO DAILY AT PSA BLK 37 Call *****11 Mr Richard Khoo
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      345 28 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TtL 225 6868 (30 lines' FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD VE.B DEUTF RACHT/SE EREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE *VIA COLOMBO Accepting cargo for INDIA Bombay. Cochin Madras -VIA LARNACA Accepting cargo for Lattakia, Piraeus. Thessaloniki,
      345 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      222 29 CALL US ATt P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR *****53/*****11 04-*****2/4 *****3 07-*****8 07-*****3, *****5, *****0, *****1 02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE vsi B SURIA 337 SELANDIA 347 TOYAMA 357 LOADING FROM GOTHENBURG. BREMERHAVEN, HAMBURG. ROTTERDAM OTHER ORIGINS: AARHUS. AMSTERDAM. ANTWERP. BASLE.
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      Page 29 Advertisements Column 2
      216 29 Scan Dutch V TO EUROPE (UK-NORTH CONTINENT-SCANDINAVIA) WEEKLY N. D*m.w+ Nihon/311 N. Dejimj 321TO RED SEA-MEDITERRANEAN EVERY 10 DAYS so so Edoyta SO ladra/OSO SO Manilia/n SO Luzon/Ml TO RED SEA-MEDITERRANEAN (CONT'D) to SO Edo/020 SO La4ra/000 SO SO Luzon/040 SO Honafcu/OSO 1 4/10 0/1 12/10 17/10 23/10 2S/1 JO/10
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      135 29 Wi 3 I */c 5 m m <> A m LS m feS %3 *s i Si ft v yci •L SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO AJA. THIS MORMNO. LEGENDi R Thuaderatorin Temperature *C Shower Weather s-S Wtad (hrecooo with *wed la kaou •lUin \J CJoudySky Wave heifbt
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      348 30 &FARGO SHIPPING COMPANY (PTE) LTD. REGULAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERIZE From USA/Canada/Europe/Mediterranean 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) X 37 Tel: *****78 CFS (Export) EAL Tel: *****49 JWSgk P.T. UNITED SHIPPING ORGANISATION LTD T+- DIRECT REGULAR
      348 words
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      Page 30 Advertisements Column 2
      498 30 SMN SOCIETE MAURICIENNE DE NAVIGATION LTEE INDIA OCEAN, SOUTH/EAST AFRICA REGULAR SEMI-CONTAINER SERVICE General Agents SEALION SHIPPING(S) PTE LTD TEL *****31 (5 lines) TELEX R*****4 SELION FAX 2230/41 I AFrica Ociam Lints Lid. NIGERIA. WEST AFRICA SERVICE VESSEL TBN ETA SPORE 15/9 Loading for APAPA/LAGOS, PORT HARCOURT. LOME. TEMA, CALABAR
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      381 30 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETA S PORE ETA KEEIUNC CON-CARRIERS 11/17 10/9 18/9 CON-CARRIERS 12/17 17/9 2S/9 CON-CARRIERS 13/17 23/9 29/9 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETA S'POftE ETA SYD ETA MELB CON-CARRIERS 21/17 11/9 1/10 12/10 CON-CARRIERS 22JV 2/10 22/10 2C/10 Also accepting cargo
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      674 30 POSEIDON CONTAINER Ml TRANSPORT REGULAR TSR SERVICE LCL/FCL KABUL/HAIRATON/TORG/IRAN/E.BLOC WEEKLY LCL/FCL CONSOL SERVICE L.A., SFO, NEW YORK HONG KONG HAMBURG BANGKOK ROTTERDAM Agent NIHON-ASIA SHIPPING (S) PTE LTD Tel: *****88 (8 Lines) Tlx: ***** NAN-SHIN SHIPPING AGENCY JAPAN HONGKONG S PORE MALAYSIA WEEKLY SERVICE TO:HONGKONG Eta S'pore 15.9.87 BANGKOK Eta
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