The Business Times, 21 September 1987
1987-09-21
1
30
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The Business Times
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Title Section11 1987-09-21 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, SEPTEMBER 21, 1987 75 CENTS11 words
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374 1987-09-21 1 ALVIN TAY - By ALVIN TAY Banking Correspondent THE LAM SOON group, one of South-east Asia's largest manufacturing multinationals, is raising $92 million to refinance its existing debts as well as for working capital. BT understands that the financial package for the group's Singapore374 words
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812 1987-09-21 1 AMY BALAN - One-for-one rights issue with sweetener on the cards By AMY BALAN NATIONAL CARRIER Neptune Orient Lines (NOL) is about to make a one-for-one rights issue at $2 per share with an attractive sweetener to boot. The proposed issue will raise more than812 words
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666 1987-09-21 1 ZHOU MEI - By ZHOU MEI Economics Correspondent THE ASEAN Finance Corporation (AFC) is going through a major revamp that should reconcile ambition with reality by shaping it into a more effective financial organisation while putting paid to criticism hurled at it over its ineffectiveness666 words
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Article120 1987-09-21 1 AFP AN AO HOC group appointed by President Chiang Ching-kuo to study the lifting of Taiwan's ban on travel to China is proposing that Taiwanese living on the mainland since 1949 be permitted to return home, a leading Taipei newspaper reported on Sunday. The United Daily NewsAFP - 120 words
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Article127 1987-09-21 1 Bernama MALAYSIAN CHINESE Association president Datuk Or Ling Liong Sik, commenting on the police inquiry into the affairs of the MCA-owned Multi-Purpose Holdings Bhd, has said the law "must take its course". "Law is law," he said yesterday when asked to comment on reports that 18Bernama - 127 words
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353 1987-09-21 1 AFP SATURDAY'S slaying of left-wing leader Leandro Alejandro appears to most commentators in the Philippines as a provocation aimed at destabilising President Corazon Aquino's government. Mr Alejandro, 27, secretarygeneral of the New Nationalist Alliance (Bayan) Party, was fatally shot outside party headquarters byAFP - 353 words
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294 1987-09-21 1 ESSO SINGAPORE yesterday announced a $150 million investment in a visbreaker plant at its Pulau Ayer Chawan refinery, confirming earlier BT reports about the company's plans for a major upgrading unit. The go-ahead was approved by Esso headquarters in the294 words
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Page 1 Advertisements
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Advertisement347 1987-09-21 1 Need a car or truck loan? W\YKX)NG 737-7977 I ItjJ W«j> lixnig Mortgage \i*J uunce (S) Ltd A wholly-owned subsidiary of I 6 Claymore HiM #<11-01 (liymirc Plui Singapore (W22 MANAGEMENT SMALL COMPANIES have lost some privacy with the recent amendments to the Companies Act. These are the exempt private347 words
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Advertisement295 1987-09-21 1 FOCUS, Page 10 A BUSINESS expectations survey of 220 companies in Malaysia has indicated that gross revenue is expected to increase. ASIA-PACIFIC, Page 4 A BROAD SPECTRUM of economists think that the unemployment rate in the US can now decline significantly more without precipitating a burst of inflation. REST OF295 words
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Advertisement142 1987-09-21 1 The 7th Asian International Industrial Fair with AiMB7 conference 30 September -3 October 1987 World Trade Centre Singapore Organised by Singapore Exhibition Services Pte Ltd Tel: *****47 Shipping Times comet as a separate section today. Make sure you get your copy. Because of Takako's dedication, no other airline can offer142 words
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MANAGEMENT
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950 1987-09-21 2 CHENG PET HIAN - Exempt private companies used to enjoy quite,, a lot of 'privacy'. But recent amendments to; the Companies Act have changed their status,. somewhat. CHENG PET HIAN discusses the repercussions of these changes. CHENG PET HIAN Mr Cheng is the head of Small Business950 words
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Article, Illustration330 1987-09-21 2 SHOP DISPLAY and shoplifting will be among the topics discussed at two seminars on retailing next month. The seminars are being organised by the Singapore Institute of Management with Australia's College of Retailing. They will be conducted by Mr Les Miles, general manager330 words
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609 1987-09-21 3 TWO NEW programmes will be available through the Singapore Institute of Management as a result of recent tie-ups with prestigious institutes in the United States and Australia. Launched last week was a Bachelor of Business in Business Administration (B609 words
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Article, Illustration1040 1987-09-21 3 If management consultants looked at their own industry, they would find a business that is unimaginative, redundant in parts and in need of specialisation. This article from The Economist discusses what lies in store for management consultants. DESPITE their industry's shortcomings, management consultants are unlikely soon to1,040 words
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Page 2 Advertisements
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Advertisement196 1987-09-21 2 It can type an envelope, send a telex, compile a report, print out yo spreadsheet, handle any soft ware, has a 64Qk memory and even talks to any computer. The lworld's first Secretarial Work Station. The Olivetti ETV 260. 4M i?\ v 1 i v A Jr/ t» V ->196 words
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Page 3 Advertisements
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Advertisement152 1987-09-21 3 BAUME MERCIER I l\fii ixtiutti ollti (tun f>\ Htiott/f C Mrnnr. Son mtnf tnunJal mth tlj tnii if tic liaet design levant liltt'tl'thin I*t'ti!if Minlrls are tilUilable for fx>th Lulu s and gentlemen in IS carat gold and steel, or in steel. Water resistant to Mi metres. »*k 3Bn:. '."'V152 words
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ASIA – PACIFIC
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588 1987-09-21 4 Business expectations survey points to rise in employment Bernama ES A BUSINESS expectations survey of 220 companies in Malaysia has indicated that gross revenue which amounted to M 519.146 billion during the first half of this year is expected to increase byBernama ES - 588 words
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302 1987-09-21 4 AFP JAPAN'S parliament voted into law on Saturday tax reform bills featuring a 1.54 trillion yen (US$lO.B billion) cut in income taxes and a controversial step to abolish tax exemption for small personal savings. The House of Councillors, the upper chamber of parliament, adoptedAFP - 302 words
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75 1987-09-21 4 AFP SANYO, the Japanese appliance manufacturer, said on Saturday it will launch two old-style refrigerators to cash in on what it called a nostalgia fad in Japan. It said the first of its "unique retrospect-oriented refrigerators" featuring rounded edges would debut on the market next month.AFP - 75 words
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233 1987-09-21 4 AP A TOP British official said on Saturday that London remained committed to Hongkong but refused to say whether democratic reforms would be allowed against the wishes of China, which regains control of the British colony in 10 years. Lord Glenarthur, MinisterAP - 233 words
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149 1987-09-21 4 OanaAntara INDONESIAN exporters should make full use of the Generalised System of Preference (GSP) facilities extended to developing countries, said Indonesian Director General for Foreign Trade Kumhal Djamil in Jakarta on Saturday. Speaking to a seminar at the Resource Indonesia 87,Oana- Antara - 149 words
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525 1987-09-21 4 AFP ASIAN INVESTORS are fuelling a Sydney property boom that has seen prices double over the past V**r in some more sought-after suburbs, say real estate agents in Sydney. Buyers from Hongkong and Japan are clamouring for million-dollar homes, with the market unable toAFP - 525 words
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Article78 1987-09-21 4 UPI THE AUSTRALIAN airline industry is being asked to improve the Japanese language skills of its employees to meet the challenges of an increasing number of visitors from Japan. The Age newspaper reported on Saturday The request was made by the John Menadue, chief executive ofUPI - 78 words
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481 1987-09-21 4 Reuter INDIA WILL IMPOSE additional income and corporation taxes on high-income groups and duties on imports of non-essential goods to raise 5.50 billion rupees to fight drought and floods Finance Secretary S Venkitaraman said yesterday that the government needed to spendReuter - 481 words
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Article875 1987-09-21 4 ARRIVALS Operator Sorvica Local From number Mm* su son 0045 LAX/NRT UA UA805 0045 SFO/HKG FT FT73 0044 IAX/SFO/ANC/ N8T/OSA/TFC MAS MH62I 0140 KU su SQ41 0615 MAA AC AC 5 80 0700 m/BtU/DXB MAS MH601 0720 Km SU SQ43 0i05 OHA/BOM MAS MH681 0620 KUL MAS875 words
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Page 4 Advertisements
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Advertisement248 1987-09-21 4 1 Some call theirs the Executive Lunch. Others name theirs the Businessman's Lunch. Well, we at Le Vendome Continental Restaurant thought we should address the issue more direct and present you with our proposals. If you're the type who has to hop from meeting to meeting, Le Vendome is one248 words
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Advertisement56 1987-09-21 4 I I I II I Th e business person's choice, every I I II \I I II II I Tuesdoy. Thursday. Saturday and Sunday. I M f I I aI Leaving Changi Airport at 22:05 JL—JV-yX I hours and arriving Heathrow early the following morning. Call your Travel Agent or56 words
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Page 4 Miscellaneous
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Miscellaneous60 1987-09-21 4 Doonesbury H/tVB YOU 866N FOLLOWING DONALt? TRUMPS POLITICAL APS IN THZ fWBFS* OH-HUH. STATURE ENHANCING, AR&fT TH&* ANP ONLY HVB MONTHS TO THBPRJV 4 ■3 r my>wm BY GARRY TRUDEAU OH CkfON HE'S GOT US ACONPO rAUONG ABOUT pmuoPBR rr.RJQHT? KKPRBSI- WHAT'S THIS PBNT? v F&VNG? "WHYWBN&D AT LAST' ASeCRBTAKf60 words
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Page 5 Advertisements
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Advertisement213 1987-09-21 5 &l*9£3 'i wmm m ilPf d r" rB t:MM *v :pP I iSL. ;W*om 1 »n >f mm tfgaa V. t *K« Wm>y^m ip^i r-', .'> >' f mmm q& mmM f :r >>-* 1*- *V *r» V J i't J: -"£2k t- •T v'-'V V- s*lb >V: 2JFijßaf v-•213 words
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REST OF THE WORLD
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901 1987-09-21 6 'Government can let the economy grow for a longer period' NYT A BROAD SPECTRUM of economists, including advisers to President Ronald Reagan, think that the unemployment rate in the US can now decline significantly more without precipitating the problem oftenNYT - 901 words
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181 1987-09-21 6 AFP CHANCELLOR Helmut Kohl and French Prime Minister Jacques Chirac on Saturday hailed a quarter-century of closer bilateral ties between the two former wartime enemies. But the French leader, in Ludwigsburg. West Germany, to commemorate an address by General Charles De Gaulle to GermanAFP - 181 words
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Article, Illustration330 1987-09-21 6 AP HEY BUDDY, can you spare a billion? For a sultan, a pair of queens, a potato processor, a college dropout and 127 others from around the world, the answer is yes, says Fortune magazine. Topping the list are the Sultan Hassanal Bolkiah of Brunei,AP - 330 words
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161 1987-09-21 6 AP MILLIONS of Muscovites on Saturday celebrated in streets draped with rainbow-hued banners as the city commemorated its 840 th birthday with concerts, plays and parades. Moscow Communist Party chief Boris Yeltsin presided at a Red Square ceremony that declared the openingAP - 161 words
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Article49 1987-09-21 6 AFP SOUTH AFRICA is all set for a more vigorous upswing and a period of more rapid real economic growth, Reserve Bank governor Gerhard de Kock said in Johannesburg. Bank economists expect gross domestic product real growth at 2.5 per cent in both 1987 and 1988. AFPAFP - 49 words
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392 1987-09-21 6 AP A LEADING Kuwaiti commercial bank has put the combined oil revenues of the Gulf Cooperation Council member states at US$32 billion in 1986, just half of their level in 1984, but said a partial recovery to US$37 billion was expected forAP - 392 words
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199 1987-09-21 6 Reuter PESTICIDES used on farms and industrial waste dumped into rivers and lakes are posing widespread risks to human health, the Worldwatch Institute says in a report released on Saturday. But the environmental advocacy group says that the use ofReuter - 199 words
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324 1987-09-21 6 Reuter PRIME MINISTER Turgut Ozal faces tough and politically-un-popular decisions to revive Turkey's economy if he wins the November general elections, Turkish and Western bankers say. "Turkey has problems in the three areas which can give difficulty on the foreign currency, inflation andReuter - 324 words
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122 1987-09-21 6 Reuter SOVIET TRADE with the West remained in the red in the first six months of 1967, but a decline in imports cut the trade deficit by more than half in comparison with January-June 1986, official figures show. Foreign Trade Ministry figuresReuter - 122 words
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600 1987-09-21 6 UPI SOVIET-STYLE economic reforms have reached Yugoslavia with a bang. Titograd Kombinat, a construction firm in the undeveloped republic of Montenegro. is among nearly 800 Yugoslav businesses employing 200,000 workers that may be forced out of existence soon by a tough new bankruptcy law.UPI - 600 words
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Page 6 Advertisements
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Advertisement94 1987-09-21 6 tt takes 1 step to put it on. But over3oosteps to make it Rodenstock is the international name for professional eye care. Our de luxe eyewear products come in the latest fashion designs and are impeccably crafted from precious metal components. As they are also manufactured to high-tech precision, they94 words
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Advertisement293 1987-09-21 6 SOUND ADVICE DO YOU KNOW WHAT MAKES SUCCESS? What does success mean to you? Greater profit in business, job satisfaction, material richness, more leisure time for yourself and your family, or the respect of others? It's perfccdy normal to look for one or all of these in the pursuit of293 words
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Page 6 Miscellaneous
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Miscellaneous86 1987-09-21 6 \£}MJ V//1 "SS/ Singapore OUTLOOK: Hazy. Report for 24 hours prior to 7.30pm on Sop 20 at ttw airport; Mai lamp 33.2 A—oc humidity SS Mln tamp 25.0 a l,n M rilf, AC MiOC mjmKJiiy va Mr* of sunahtna t.OO Rainfall In mm 0.1 RatntaN IMs nrth 93.4 Rainy day*86 words
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COMMODITIES
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Article158 1987-09-21 7 THE KUALA LUMPUR Tin Market closed marginally higher with the metal finishing one Malaysian cent higher at 16.90 Malaysian cents per kg last week. Prices fluctuated within a very narrow range after opening one Malaysian cent higher from the previous Friday s close of 16.89 Malaysian cents per158 words
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Article226 1987-09-21 7 THE MALAYSIAN rubber market last week saw one of its finest performances as prices continued to surge to new peaks. An acute shortage of all grades of rubber continued to fuel market sentiment. International One RSS rose five Malaysian cents to reach 271.00 Malaysian cents per kg, a level226 words
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Article339 1987-09-21 7 London Commodity Exchange Bvyw/SeHer doting priest on Sop 18 tonno i jniott tpodflod). Previous doting priest in par ontfwtit. Con— Both in-itor* London, tollori option OF London Sop 1285/1290 (1275/1280) High/Low 1290/1276 Nov 1320/1323 (1308/1310) ttgh/Low 1323/1309 So lot (2315) COCOM S*P 1192/1193 (1195/1198). High/Low 1198/1190 Doc 1224/1225339 words
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Article910 1987-09-21 7 London commodities get off to a dull start AFP DOLLAR-BASED commodity markets got off to a dull start last week as the greenback recovered from a bout of heavy selling. The vulnerability of the US currency, coupled with concern about near-term supplies of some base metals.AFP - 910 words
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Article348 1987-09-21 7 CRUDE palm o4i future* finished mixed to slightly easier on India's rejection of palm oil at its weekly vegetable oil tender last week. Trading on the KLCE was thin as operators were sidelined awaiting fresh leads. The Chicago Board of Trade closed higher. Spot month October, after opening348 words
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Article173 1987-09-21 7 Chinese Produce Exchange Seders' neon daring pf Icet en Sep 19 (SS/100 kg) Coconut oil kft FOt 954)0 Old drum FOt 105.00 New drum FOt 109.00 Copra Mixed (loose) 56 Pepper Muorok whHe FOt NLW 1317.50 XJ' aw OK WTwTt FOt toq NLW 130X50 Sorowak ipidd block FOi173 words
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Page 7 Advertisements
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Advertisement196 1987-09-21 7 "We need a computer that grows with us ...painlessly." NCR Computers Our incremental architecture lets you add power without disruption Managing business growth is a 24-hour a day job. You can't afford the disruptions usually caused by computer growth. Disruptions like: Installing replacement hardware and operating systems Putting up with196 words
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BANKING AND FINANCE
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487 1987-09-21 8 Reuter THE HONGKONG dollar fixed income market remains in a depression despite the launch of a new fixed rate certificate of deposit (CD) issue on Friday, bankers said. Bankers said there is no clear sign that the market will come back in theReuter - 487 words
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Article74 1987-09-21 8 Reuter THE HONGKONG Association of Banks has decided to leave interest rates unchanged at Saturday s regular weekly meeting. Current rates are savings accounts and 24hours 2-3/4 per cent, sev- en-day call, one-week and two weeks 3 per cent, one and two months 3-1/2 per cent,Reuter - 74 words
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439 1987-09-21 8 Reuter US TREASURY Secretary James Baker has urged the South Korean government to accelerate revaluation of the won against the dollar, the national news agency Yonhap reported in Seoul on Saturday. Mr Baker recently sent a letter to South Korean Finance MinisterReuter - 439 words
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80 1987-09-21 8 Reuter A BLACK MARKET is growing in Chinese state treasury bonds as holders sell off the often-unpopular certificates cheaply, the official China Daily said on Saturday. Illegal trading in lowyield five and 10-year bonds, issued to boost government revenue, is becoming "more and moreReuter - 80 words
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191 1987-09-21 8 AP CALIFORNIA'S Governor George Deukmejian on Friday signed a bill to allow foreign-owned banks to continue to buy and merge with California banks. Sponsors of the bill say it clarifies an interstate banking law passed last year. That law allows bankAP - 191 words
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Article1291 1987-09-21 8 Union Bank of Switzerland AFP DESPITE THE bearish sentiment due to the highest-ever US trade deficit, the market is finding itself in a state of total disorientation, for which they themselves are responsible. But the central banks will not be able to enjoy this situation for long. US*Union Bank of Switzerland; AFP - 1,291 words
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Article210 1987-09-21 8 Asian market ASIAN CURRENCY ovorog* deposit rote* for 1 Ihe wfc •ndod Sep 18 MO P meet Mgh Low (MS 7 doyi 7 3/16 7 1/16 1 laoirfi 7 1/2 7 3/16 2 murttn 7 9/16 7 3/8 3 mm<t» 7 9/16 7 3/t 6 iwxilln a 7 13/16 9210 words
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Article31 1987-09-21 8 Th* rang* of coll ratos for •ndod Saturday, Sep 19 t lank fund 2.3 2.8 G«n fund 2 2 J of funds Ml 1,950m Source: Short Deposits (M) Bhd31 words
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Article, Illustration495 1987-09-21 8 MlcdH Hi# tvtctQt of lh# prime tending nlti o4 12 ma)or banks In SkngmPort Pllt of bonks at the dose of business on Friday, Sop 18, at supplied by the Association of Ranks in Singapore. BANK PL* Algernon# Bank 6% Allied Irish Bank PLC 6% American Express495 words
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112 1987-09-21 8 Citicorp Investment Bank GOOD ACTIVITY and volume were seen through the course of the week with prices slowly being shaded down. Although the overnight inter-bank interest rates were low, dealers were apprehensive about the liquidity drain over the near future with new equity issues comingCiticorp Investment Bank - 112 words
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Article350 1987-09-21 8 Green Collier GOLD PRICES retraced early gains on technical selling in brief bursts of activity laat week. At New York's Commodity Exchange. spot gold last traded at U*****.10 an ounce, up $1.30 over the previous Friday's close. The US Commerce Department's announcement of a 3.5-per centGreen & Collier - 350 words
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Page 8 Advertisements
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Advertisement141 1987-09-21 8 Eighth Moon Ecstacy. Experience once again the ecstasy of scrumptious Moon Cakes at Cathay and Kelong Thornton Restaurants. The season's specialty comes with traditional fillings like lian rong, melon seeds and egg yolks in our unique nonya-iiupired pandan or banana flavoured skins. Choice of two Comes attractively gift-boxed, four in141 words
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Advertisement23 1987-09-21 8 Public Lecture by Professor Assar Undbeck Lee Kuan Yew Distinguished Visitor V. m. lIKfl ALL WELCOME ADMISSION FREE for enquiries please call: 772-2539,772-230323 words
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PERSPECTIVE
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Article, Illustration789 1987-09-21 9 WILLIAM SCALLY - News of an autumn summit between the US and Soviet leaders and the prospect of an arms treaty between the superpowers will help remove lame-duck characterisations being made of President Reagan, and give the Republican presidential campaign a boost, says WILLIAMReuter - 789 words
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522 1987-09-21 9 Reuter CHINA'S economy is overheating with industry and wages growing too fast and the government printing too much money, but the overheating has no political risk for reformists in the leadership, Western diplomats said. Figures released last week showed that industry this yearReuter - 522 words
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Page 9 Advertisements
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Advertisement317 1987-09-21 9 k W i I V i w '1 In our struggle to develop the ultimate PC, we created the Power Mate 1 and 2. They cost less than the industry standard but offer power and features that leave the industry standard far behind. You get the kind of power that317 words
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Page 9 Miscellaneous
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Miscellaneous622 1987-09-21 9 CRYPTIC PUZZLE ACROSS 1 Asparagus on tha lawn? (5) B Light to carry (5) 9 A back saat (7) 0 A rota on its own (5) 1 Lot a chap down (5) 2 Having aatsn too much caka? (5) 3 Tan sons' poetry? (7) 5 Haa four lags and clothes622 words
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FOCUS
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1419 1987-09-21 10 ZHOU MEI - Regional cooperation in finance cannot surge ahead independent of the overall level of economic cooperation. But within existing constraints, there is room for elevating the present level of financial cooperation to a higher plane. Economics Correspondent ZHOU MEI examines economist David Schulze's analysis of1,419 words
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744 1987-09-21 10 THE ASEAN Finance Corporation (AFC), incorporated in 1961, haa yet to prove its prowess in generating loanable funds for mem-ber-countries of Asean or function effectively as a merchant bank. Nevertheless, in Dr David L Schulze's opinion, it is "a744 words
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797 1987-09-21 10 FOR THE Asean Finance Corporation (AFC) to function as a catalyst to economic development, it must increase its lending to individual Asean countries and Asean Industrial Joint Venture (AIJV) projects. To do so, it needs to restructure its current ownership. The Group of 14 (G--14)797 words
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Page 10 Advertisements
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Advertisement263 1987-09-21 10 LLiiliH 12-20 September i By popular demand! Extended till 27 Sept. Rosewood Telephone Table w/MOP inlaid $255 Lacquerwood Coromandel Coldleaf Cabinet H3B" ii I'll! k $3555* Rosewood Nest of Tables .2 m Rosewood 36" Cabinet w/MOP inlaid Lacquerwood Carved Screen H72"(Asst designs) 5399 I y\ -i-®r Singapore Handicrafts Re Ltd263 words
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Advertisement70 1987-09-21 10 OLYMPICS EUROPE i 1& t VA K< rj a ■■■■■■air/ *W«|Sti* w 5 t 3f I 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. For70 words
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THE ARTS
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Article595 1987-09-21 11 SHAUN KOH - SHAUN KOH QUITE SUDDENLY, during the later half of the 19th century, all forms of art were of almost insignificant proportions. That was a result of the effectiveness of national campaigns to spur the Industrial Revolution. Artists had become secondary to machines. Music and the595 words
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Article, Illustration551 1987-09-21 11 JAIME LYE - Review of Heart of Darkness By JAIME LYE COME ON, now. Let's be honest. Which did you really prefer John Tordoff's one-man rendition of Joseph Conrad's Heart of Darkneaa or his cute little boat? As Tordoff set off along the Congo via the551 words
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Article, Illustration912 1987-09-21 11 VANESSA LEE - By VANESSA LEE It is important to be prepared to change To tree the mind each time Not to attach too much importance to previous ideas THE ABOVE is the guiding Buddhist principle that has helped abstract artist Jimmy Quek to overcome many912 words
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Article, Illustration279 1987-09-21 11 SHAUN KOH - CD Review By SHAUN KOH JOHN WILLIAMS The Guitar is the Song. CBS MK ***** (45 minutes). Category: Folk IN THE SEVENTIES, after establishing himself as one of the great young virtuosic classical guitarists, with admirers calling him the next Andre Segovia. John Williams turned to performing279 words
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Page 11 Advertisements
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Advertisement156 1987-09-21 11 CONTINENTAL CLUB caters only for the Business Executives at the Continental Floors with very special features 3 nights stay for the price of 2 nights Welcome Drink Daily American Breakfast Continental Rooms with panoramic views of the city Extended Check out time to 6pm Free use of the Sauna and156 words
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Page 11 Miscellaneous
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Miscellaneous1233 1987-09-21 11 to am mm PM SAC Text Sample Pages. Opening and Programme Highlights followed by The Paper Chase The Graduation Year: Honour. In this episode, all the third year students are wondering with honours or no*. When the official notices are released, some of the students are disappointed, but most of1,233 words
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SPORTS & LEISURE
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Article, Illustration495 1987-09-21 12 Reuter INDONESIA capped its triumph in the eight-nation South-east Asian Games yesterday by winning gold in a gruelling marathon through the burning streets of Jakarta. Battling suffocating heat and traffic fumes, Indonesia's Ali Sofyan Siregar snatched first place in the men's marathonReuter - 495 words
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Article, Illustration191 1987-09-21 12 THE FIGHT for the Ashes at the United World College on Saturday had a happier ending for the "Poms" than that time earlier this century when an advertisement in a newspaper announced the death of English cricket following an Australian Test match cricketing triumph.191 words
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Article, Illustration314 1987-09-21 13 AP GERHARD BERGER of Austria breathed new life into the old hOrse of Ferrari by taking the pole position for the Portuguese Gijmd Prix with the quickest lap in Saturday's second qualifying seĕsion. I Merger gained the Italian carmaker's first pole since April 1965,AP - 314 words
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Article332 1987-09-21 13 WALTON MORAIS - By WALTON MORAIS THE MALAYSIAN KING gave Royal Command performance in the Quintangular Golf Championships at the Singapore Island Country Club over the weekend, finishing first yesterday and third on Saturday. In the two-day championships for teams from the golf clubs of Royal Bangkok, Royal Hongkong, Royal332 words
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Article125 1987-09-21 13 AP GARY JOBSON of the US and Peter Gilmour of Australia each swept their best-of-three semi-final races last Saturday in the fourth annual Liberty Cup regatta in New York Harbour, but had to survive protests to advance to yesterday's final. The 37-year-old Jobson, the two-timeAP - 125 words
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170 1987-09-21 13 Reuter UNSEEDED Czechoslovak Tomas Smid. chasing his first big win since 1965, upset top seed Andres Gomez of Ecuador 7-6 4-6 6-0 in the U*****,000 Geneva Tennis Grand Prix semi-fi-nals last Saturday. He was to play Swiss number two Claudio Mezzadri, also unseeded, inReuter - 170 words
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480 1987-09-21 13 BRIAN MILLER - By BRIAN MILLER WITH THE racing season into its final quarter, the battle for the local jockey's championship title has become interesting. And with five jockeys in with a chance, the remaining 30 race days should see this "quintet" go hell for480 words
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Article, Illustration227 1987-09-21 13 AP LEFT-HANDER Bob Charles.: who's finished second in his last two outings, fired a 6-under-par 66 last Saturday for a 36-hole. total of 134 and a two-shot lead with one round to go in the Cres- tar PGA Senior Golf Classic. Z "I putted well,AP - 227 words
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Article, Illustration255 1987-09-21 13 Reuter TOP-SEEDED Gabriela Sabatini of Argentina let slip a 4-0 lead in the second set before scrambling to a 6-4 7-6 victory over Bulgaria's Manuela Maleeva in. the final of the US$3OO,OOO Pan Pacific Open Women's Tennis Tournament in Tokyo yesterday. Sabatini, 17, who wonReuter - 255 words
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299 1987-09-21 13 Reuter AMERICAN SPRINTER Carl Lewis called last Saturday for an investigation into allegations that Canadian Ben Johnson false started when he beat Lewis and set a new 100-metre world record in Rome. Lewis, in Sao Paulo to take part in an international athleticsReuter - 299 words
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250 1987-09-21 13 AFP CARL THACKERY, controversially left out of Britain's world championship team, was laughing all the way to the bank in Monaco last Saturday. Thackery failed in an attempt on the 11-year-old world one hour record at the Herculis '87 Athletics Meeting but still went homeAFP - 250 words
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Page 12 Advertisements
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Advertisement921 1987-09-21 12 'J! at IP T > MOONCAKM FesmkL c September 14 October 7 I Savour our deliciously rich mooncakes. Get a FREE piglet biscuit win a return air ticket for two to Penang with accommodation, other exciting prizes, with your purchases. Watch lantern painting demonstration by artists daily from 2 pm921 words
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Advertisement174 1987-09-21 12 Ml Germany at Hie Belvedere An incredible buffet luncheon of some 60 traditional German favourites it's as good as being in Germany! Daily from September 5 to 27,12.00 to 2.30 pm. Adult: S3l/Child: $15. Prices subject to 10% service charge and 3% govt tax. The management reserves the right to174 words
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Page 13 Advertisements
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Advertisement430 1987-09-21 13 f 4 Traditionally Japanese. Traditionally Unkai. •Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatami rooms are available for private parties. Located ;on the 2nd floor Open 12 noon to 3 pm. •6.30 pm to 11 pm. "Ampte free parking Century Park Sheraton Singapore 16 Nossm HN.430 words
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Page 13 Miscellaneous
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MARKET REVIEWS
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Article, Illustration5313 1987-09-21 14 CORRINA LIM - r Singapore p By CORRINA LIM THE SINGAPORE stock market put in a pathetic performance last weak as share prices sank across the board. Losers overwhelmed gainers by 195 to 17. The Straits Times Industrial Index roee marginally laat Monday but then registered declines5,313 words
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Article564 1987-09-21 14 K.Lumpur j| BEARS RETURNED with vengeance at the Kuala Lumpur stock market last week and share prices were sent reeling back. Losses were registered across the board. Hopes that the rebound the previous week would be extended were dashed as sellers were in total control throughout the564 words
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Article735 1987-09-21 14 JULIANA TAY - Week ended Sep 18 compiled by JULIANA TAY SCRIP ISSUES K I Indusliiest Proposed rights issue of three-for-five ot $0.50 per share M Credit: Sights issue of one-for-one at $1.50 per share CORPORATE DEVELOPMENTS AL&P Investment he ltd. a joint venture between Wattie Industries ltd735 words
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Article, Illustration1361 1987-09-21 15 Bearish effect of Li Ka Shing's fund-raising exercise proves shortlived I I Hongkong y DBS Securities HK THE MAJOR feature of last week's trading was Li Ka Shing's HK$lO.3 billion fund-raising exercise from the market. On the first two trading days, the market easedDBS Securities HK - 1,361 words
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740 1987-09-21 15 RAY HEATH - r— fnrDj London LJ d By RAY HEATH A GAMUT of favourably received economic statistics had share prices dancing in London last week. With fears of inflation receding, fund managers, domestic and foreign, started placing large orders after weeks of relative inactivity. Even740 words
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451 1987-09-21 15 [pi] Tokyo xrr^i A AFP SHARE prices were mixed in heavy trading on the Tokyo stock market during the holiday-shortened week with buying centred on blue chipe. The 225-issue Nikkei Stock Average closed last week at 24,844.84 yen on Friday for aAFP - 451 words
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249 1987-09-21 15 ES Amsterdam We,*!» d AMSTERDAM was unable to keep aloof of adverse external influences last week. The uncertainty regarding the US dollar and interest rates kept a number of foreign stock exchanges, including Wall Street, in its grip. In addition the draft budget 1968249 words
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1035 1987-09-21 15 ew FT SUPPOSING just supposing that US stock prices are heading for a significant long-term decline, would such a bear market have any unusual new characteristics? This question may be extremely vague, but it does seem worth asking, considering the enormous changes that haveFT - 1,035 words
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Article1001 1987-09-21 15 SHIRISH NADKARNI - By SHIRISH NADKARNI BOMBAY'S stockbroking community has finally revolted. Although the Bombay Stock Exchange (BSE) remained officially open for trading on Friday, the ring remained empty. No trading was done, with jobbers declining to put through deals as a protest against "the continuing ban on short1,001 words
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Article114 1987-09-21 15 AFTER an unsteady start prices on the Australian stock market surged ahead last week and the All-Ordi-naries Index scored a net gain of 98.8 points to close at 2,305.50. On Monday, prices were barely steady with investors concerned about a drop in bullion prices, but the brakes114 words
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Page 15 Advertisements
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Advertisement104 1987-09-21 15 KOREA EXCHANGE RANK (the "Bank") US$5(U)0(U)00 FLOATING RATE NOTES DUE 199: (the "Notes") LLOYDS ASIA LIMITED, as Fiscal Agent and Agent Bank to the Notes, herety gives notice to aD Noteholders in accordance with Condition 12 of the Tfcrms and Conditions of the Notes that with effect from the date104 words
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COMPANY NEWS
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Article, Illustration605 1987-09-21 16 ALVIN TAY - By ALVIN TAY Banking Correspondent HONG LEONG FINANCE (HLF) is eyeing a group net profit of nearly $20 million in 1987 a 50 per cent jump that will end a trend that saw profits decline605 words
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766 1987-09-21 16 MBT AMALGAMATED Properties Industries is expanding aggressively into new marketing and manufacturing ventures to broaden its earnings base and to write-back some of the extensive provisions for losses in its property division. The two brothers, group chief executive Tan SriMBT - 766 words
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Article, Illustration947 1987-09-21 16 ROSIE TAN - Some complain rules too rigid, others favour curb on speculation By ROSIE TAN EVEN UP to the end of its second week run last Friday, the new share delivery and settlement system was still facing mixed reception. The system, which strictly enforces a seven-day947 words
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462 1987-09-21 16 Rosie Tan - by Rosie Tan SINGAPORE REINSURANCE Corporation (Singapore Re), a company owned by 50 general insurance companies in Singapore. has priced the 19.67 million shares to be offered for sale this week at $1.60 each. Application forms for the $1 par-value462 words
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Article212 1987-09-21 16 Bernama ES THE NEW STRAITS TIMES Press (M) Bhd s (NSTP) proposed price of Msllo million for the acquisition of the Kuala Lumpur Merlin Hotel complex was based on the prevailing property market, the offer prices of properties situated in {he "Golden Triangle" and theBernama ES - 212 words
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Article215 1987-09-21 16 Bernama ES TOSHIBA CORPORATION of Japan has divested its entire 30 per cent stake amounting to 3.75 million shares in Mycom Bhd to Mr Mohammed Adnan Bin Shuaib. With the purchase. Mr Mohd Adnan currently has 4.107 million shares in Mycom, according to documentsBernama ES - 215 words
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88 1987-09-21 16 Bernama ES COLD STORAGE (M) Bhd's 35.25 new shares arising from its rights issue will be listed this Wednesday. As the shares will not be entitled to the interim dividend declared for the year ending January 31. 1968, they will beBernama ES - 88 words
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Article425 1987-09-21 16 LAST FULL YEAR Company Period Dot* Yeor N* EPS Gro* Net amounted ending (cents) dh) prof* lost year ($•000) S J Amol Interim Dec 19 Mar 86 7.3 527 Tasek Cement Interim Mar 16 Jun 87 116 150 17,356 Talom Corpn Final Apr 30 Jon 87 1.1 100425 words
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Article753 1987-09-21 16 CunK Ei ■Mia Oat* TeM tar TeM tor peym+nl Ma ctoee •te year M yeer A Enterprises 4%l Sep 25 Oct 9 Oct 27 4% 5% Alex Hldgs 4% S*p 3 Sep 10 Sop 25 4% Ayer HJtom Rub 17*%lbl Oct 6 Oct 23 Nov 23 17*% iS7o753 words
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Page 16 Advertisements
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Advertisement180 1987-09-21 16 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Soon Bee Oil Industries (Pte) Ltd of 20 Choon Guan Street. Singapore ;0207, hereby give notice that In consequence of the Intended purchase of the Motor Vessel "Toyo Maru No. 63" we have applied to the Registrar of Singapore Ships,180 words
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Advertisement165 1987-09-21 16 TANGLIN CLINIC FOR WOMEN PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306(1) of the Companies Act, Cap. 50, the final meeting of the company will be held at 190 Middle Road #16-03 Fortune Centre, Singapore 0718 on 18th October165 words
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WORLD MARKETS
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Article1036 1987-09-21 17 New York Reuter WALL STREET shrugged off the triple witching hour with ease on Friday, falling only slightly in active trading. "It was a non-event," said one trader. "The fear ahead of the expirations caused more volatility than the event itself," he said. The Dow JonesReuter - 1,036 words
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Article1023 1987-09-21 17 London Reuter SHARE PRICES on the London Stock Exchange rose sharply on Friday as the market reacted to favorable British economic indicators and early gains on Wall Street. Overseas buyers were active as ILondon outpaced the New York and •Tokyo stock exchanges, dealers said. ißut someReuter - 1,023 words
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468 1987-09-21 17 Reuter BRISTOL-MYERS Corps stock rose on expectations it could win an exclusive licence to make and test two drugs developed by government researchers to treat Acquired Immune Deficiency Syndrome, say industry analysts. Analysts also said UKbased Wellcome PLC, the maker of Azidothymidine. or AZT, theReuter - 468 words
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Article900 1987-09-21 17 Amsterdam mp ia Fli ABN 47 SO >0 3 Aagon ae eo 0 2 Ahokl 106 SO +15 175 ao -04 Alranta 146 10 AMEV sa 7o -03 Amro Bank 8340 -03 Am Stad 122 00 -1 Barkal 13 50 -0 1 BOLS 146 SO 4-0 5 Boraumij 125 -05900 words
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333 1987-09-21 17 Operations scheduled to begin by end of the year UPI XEROX CORP will manufacture copiers in China, eventually employing about 900 people at three factories, the company has announced. The new company. Xerox Shanghai, is a joint equity partnership with Shanghai Movie and PhotoUPI - 333 words
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173 1987-09-21 17 Tate Lyle selling stake in Berisford AFP THE BRITISH sugar refining group Tate and Lyle is selling its 14.99 per cent holding in Berisford (foods, raw materials, financial services) for £100 million (about US$l65 million). The group is selling 28.7 million Berisford shares at 348.50 pence each. Berisford lost sixAFP - 173 words
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321 1987-09-21 17 FT THE AUSTRALIAN government confirmed it was to assume total responsibility for the regulation of companies and for the securities and futures industries. The decision, approved at a special Cabinet meeting last week and announced by Lionel Bowen, the AttorneyFT - 321 words
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Article36 1987-09-21 17 Reuter GOODYEAR Tire and Rubber Co said it is seriously considering a listing on the Tokyo Stock Exchange. The main listing for Goodyear's stock is on the New York Stock Exchange. ReuterReuter - 36 words
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Article77 1987-09-21 17 Reuter BROCKWAY INC Mid its board has approved the US$6O par shara offer to acquire the company by Owens-Illinois Inc that was announced on Thursday. The company said a tender offer will start by September 24 and be followed by a merger at the same price. CompletionReuter - 77 words
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Page 17 Advertisements
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Advertisement219 1987-09-21 17 E SINGAPOREAN NEWS FOR SINGAPOREANS OVERSEAS \Jr~ The Straits Times weekly overseas EDITION w*. M.CKP) No. 222/8/87 The Straits Times Overseas Weekly. It's the new weekly newspaper, printed on lightweight paper in convenient tabloid size. It will carry business, economic, political and general news on Singapore as well as investment219 words
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LATE FILE
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Article41 1987-09-21 18 Reuter COALMINERS across Britain yesterday prepared another challenge to the government of Conservative Prime Minister Margaret Thatcher with an overtime ban denounced as suicidal by state-run British Coal. The overtime ban is due to start today. ReuterReuter - 41 words
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Article41 1987-09-21 18 Reuter FOREST FIRES are burning out of control in two parts of Borneo and the Indonesian government is shipping rice to areas of Indonesia hit by prolonged drought to avoid food shortages, officials said yesterday. ReuterReuter - 41 words
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Article34 1987-09-21 18 AFP CHINA has expressed its "grave concern" over the current United States tour by the Dalai Lama, the spiritual leader ot Tibet, the Chinese press said yesterday. AFPAFP - 34 words
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Article30 1987-09-21 18 Reuter ARAB FOREIGN ministers agreed yesterday that the Arab league should hold a special summit on the Gulf War, the Tunisian and Syrian ministers said. ReuterReuter - 30 words
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Article42 1987-09-21 18 AP THE INDIAN government yesterday warned Sri Lankan Tamil rebel groups to end bloody feuding that has marred peace efforts, but it stopped short of threatening military action by 10,000 Indian troops on the island nation. APAP - 42 words
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Article49 1987-09-21 18 Antara A TOTAL of 611,374 foreign tourists entered Indonesia via the three gates Jakarta, Denpasar and Medan and Batam Island in the first eight months of 1987, indicating an increase of 22.9 per cent over the number registered in the corresponding period of 1986. AntaraAntara - 49 words
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266 1987-09-21 18 Reuter THE SOVIET armed forces newspaper Krasnaya Zvezda said yesterday the accord with the US to eliminate medium-range missiles was a breakthrough but cautioned that disarmament problems remained. "The United States and the Soviet Union have come very close to concluding thisReuter - 266 words
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134 1987-09-21 18 THE UNITED OVERSEAS BANK group will raise its fixed deposit rates today for the second time in three months. Its interest rates will rise by a quarter percentage points for deposits of six months and above. The group comprises UOB, Chung Khiaw Bank,134 words
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Article, Illustration585 1987-09-21 18 MARTIN SOONG - By MARTIN SOONG THE YOUTH WING of the People's Action Party (PAP) yesterday added its stamp of approval to the blueprint for Singapore's future by adopting a series of resolutions for the Republic's survival and success. At the end of the Youth585 words
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Article90 1987-09-21 18 UPI IRAQ HIRED a seven-company consortium yesterday to build a US$l billion pipeline across Saudi Arabia, a move that would bring Baghdad's oil exports to more than three million barrels a day, said the Iraqi News Agency. The 1,000 km pipeline, scheduled for completion inUPI - 90 words
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152 1987-09-21 18 AP JAPAN, the country that produced the overnight automatic breadmaker and portable underwear dryer, has come out with a mail service for the dead. For fees ranging from US$7O to U553,500, Heavenly Mail will deliver letters, presents and video tapes madeAP - 152 words
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133 1987-09-21 18 PUBLISHING and printing companies in Singapore will have the opportunity to learn about the Japanese market from two visiting Japanese experts who arrive today. They are Mr Samio Degawa, who specialises in book publishing, and Mr Shonnsuke Kanehira, an expert on magazines They133 words
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384 1987-09-21 18 ONE OF THE advantages of manufacturing in Mauritius is that products from that country can enter the EC market with few, if any, trade curbs. This selling point of investing in the African country was emphasised yesterday at a press conference by384 words
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133 1987-09-21 18 AFP SWEDEN'S Bofors arms company has again denied it paid bribes to win a US$l.3billion contract with India, but admitted making payments to three foreign companies in connection with the deal. "We as a company don't subscribe to the principles of bribery," BoforsAFP - 133 words
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239 1987-09-21 18 FIRST, it was Helix. Then, it was Formula Shell. Now, Shell is again going to town with its latest product the Shell Formula Diesel. The new product, which cost the Anglo-Dutch oil corporation over $12 million in two years of research,239 words
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124 1987-09-21 18 AFP JAPAN is to give up rts plan for scientific whaling in the Antarctic this season because of opposition from conservationists and the US. Japan s decision could be conveyed to Washington during talks between Prime Minister Yasuhiro Nakasone and President RonaldAFP - 124 words
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Page 18 Advertisements
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Advertisement306 1987-09-21 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. More Sesdaq listings on the cards: 2. City Development wins Chinatown Centrepoint project with $55 million bid. 3. Pay rise in wage pacts lower than before '85306 words
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Advertisement643 1987-09-21 18 Training Design Singapore, November 23 27, 1987 Training staff are increasingly being asked to design training programmes that will either be run in-company, at an external institution, or a combination. To obtain maximum value from the investment in training, welNstructured programmes must be designed and implemented. This workshop will explain643 words
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SHIPPING TIMES
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429 1987-09-21 19 G DURAIRAJ - By G DURAIRAJ THE MALAYSIAN Shipowners' Association (Masa) is helping the government to set up a shipping data bank to alleviate the dearth of information faced by shipowners. Its chairman, Mr Ariffin Alias, said the association was working very closely with429 words
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186 1987-09-21 19 Seatrade Week PROPOSED revisions of South Korea's shipping business legislation would allow foreign minority investment in Korea shipping-related business, including forwarding. They would also allow opening of full branch offices in Korea by foreign shipping lines. A further major point is thatSeatrade Week - 186 words
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148 1987-09-21 19 Cargonews Asia THERE HAS BEEN a sharp drop in the volume of cargoes carried by Indonesian ships, and increased use of Singapore as a transhipment point for Indonesia's imports and exports is hindering development of the country's four main ports. According to H Boediardjo Sostrohadiwirjo,Cargonews Asia - 148 words
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PORTSIDES
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Article93 1987-09-21 19 Reuter INDONESIA will extend its inspection contract with the Swiss company Ste Generate de Surveillance Holding SA (SGS) when it expires next year. Indonesian Trade Minister Rachmat Saleh said Indonesia still needs the company's services for the inspection of its imports and exports, and itsReuter - 93 words
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101 1987-09-21 19 THE CHINA Ocean Shipping Company (Cosco) is said to be starting another liner service between the Far East and the United States this month, adding to its two existing services. The new destinations will be from Shanghai, Hongkong and Kobe to Long Beach, New101 words
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33 1987-09-21 19 Reuter PRESIDENT Hosni Mubarak reappointed Ezzat Adel as chairman of Egypt's Suez Canal Authority for another year. Adel, 63, has headed the authority since 1984. ReuterReuter - 33 words
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301 1987-09-21 20 Fairplay IN ANY YEAR, the London insurance market investigates well int eXcfess of 150,000 marine claims* ranging from the trivial to the catastrophic. Research also suggests that, at any one time. 10-to-15 per cvnt of London-based experts are abroad investigating claims on behalfFairplay - 301 words
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207 1987-09-21 20 AFP IRAQ rejected a request by visiting Japanese Foreign Minister Tadashi Kuranari to end air raids in the Gulf in order to enhance UN peace efforts, Japanese sources close to Mr Kuranari said. Iraqi President Saddam Hussein reaffirmed Iraq's demand for aAFP - 207 words
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152 1987-09-21 20 Reuter A SAUDI ARABIAN oil tanker was fired on by gunboats, believed to be Iranian, at the entrance of the Strait of Hormuz in the Gulf of Oman early yesterday, shipping sources said. They said the attack on the tanker, the 39,115tonneReuter - 152 words
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Article1641 1987-09-21 20 SCATTERED fixing on the London shipping freights market still proved insufficient on Thursday to prevent further slight easing of bulk carrier rates on key grain and coal routes North American grain fixing included Krohn's payment of US$B.25 (fk>) to the Taifung for a 105.000-ton grain products shipment from1,641 words
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Article806 1987-09-21 20 AB Shpg V ABC Contomar vm Accord Shpg VI Ahrankial linar XI Africa Ocaan IX ANtrans VM AC Toapfcr XI Amancon Tpt XN Anro Sarvtca IV Arrow Unas IX A*on Ocaon VI A Hoi Una X AN1 1 AFC Una V An M ASCI M Bolt Conado806 words
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412 1987-09-21 21 Lloyd's List A MAJOR study into the effects of open registers on world shipping is being undertaken by the United Nations Conference on Trade and Development. Unctad is alarmed at the growing trend towards open register ownership of vessels, especially asLloyd's List - 412 words
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543 1987-09-21 21 Reuter RENEWED Iraqi attacks on Iranian oil targets signal fresh dangers for ordinary Gulf seamen, most of whom would choose not to be there, if they could. "If we had a choice, we probably wouldn't come, but we have to be here there's no workReuter - 543 words
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153 1987-09-21 21 AP UPI AUTHORITIES have lost control over traffic on central China's Yangtze River, where shipping accidents have killed 246 people in the first eight months of the year, according to an official report appearing on Saturday. Authorities said 117 ships sank during theAP; UPI - 153 words
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Article8679 1987-09-21 26 saaaimß A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published of8,679 words
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Article1245 1987-09-21 26 AT CONVENTIONAL WHARVES JURONQ PORT «a»v VmmI Berth KEPPEL WHARVES Als Prosperity KI8 Coly K35 Horizon Star K33 Huaqiong K21 Kim Soon li K23 Koheng K19 Koto Akbor K31 Koto Rotno K32 lampung K17 Monoloeverett K27 Me lam pus K16 Toiyuen CIO Trons Hov CIO Wuyishon K291,245 words
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Article1987 1987-09-21 28 A—B AB Shipping Boustead Shpg Agencies. ABC Containerline NV S pore Shpg (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner.— Kim Shpg (S). Alfred C Toepfer Ocean us Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President1,987 words
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546 1987-09-21 30 Cargonews Asia CONTRARY to earlier predictions, it is expected that the Port of Bangkok will reach its saturation point of 600,000 TEUs by the end of 1987. This statement was put forward by Norman Mac Donald, outgoing chairmanCargonews Asia - 546 words
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Article484 1987-09-21 30 THREE bulk carriers were purchased last week by a Norwegian concern for about $5.5 million each. They were the Slnga Wllguard (ex-Vanguard) of 25,909 dwt and built 1975, the Slnga Wllrtder (ex-Farisi) of 30,330 dwt and built 1982 and the Slnga Wlltrader (ex-Flores) of 30.396 dwt and built 1982.484 words
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Page 19 Advertisements
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Advertisement748 1987-09-21 19 DCMHIS t A Hww SK Asia BLWW®**" "•3S wit 4§tt>o "iK&Si 0 ■Si £T: MfK *•«*»«<.» •f\rV f j\\ Gooc Book h °p* If\M i t (<Sk) STP Distributors i/iVi l Jvij eßtsrr„)r V. 4 nn* a »w Oow ORIENT OVEIQUS Contemn LINE NORTH AMERICA ATLANTIC EXPRESS ROUND THE WORLD748 words
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Advertisement97 1987-09-21 19 IN ANY YEAR, the London insurance market investigates well In excess of 150,000 marine claims ranging from the trivial to the catastrophic Pege ll MAJOR study into the effects of open registers on world shipping is being undertaken by the United Nations Conference on Trade and Development. Pag* 111 CONTRARY97 words
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Advertisement472 1987-09-21 19 erf AG term* MAERSK LINE OUR MEDITERRANEAN SERVICE NOW EXTENDED TO USBON SINGAPORE USBON —19 OATS Trw MM Anna M Clewing Time CY 23/9 2300 MRS CFS 23/9 1300 HRS ANNA M PLANT IN LAUST M ANOERS M AXELM CECILE M Tht» week Anna M Ctoamg Tana CY 23/9 2300472 words
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Page 20 Advertisements
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Advertisement586 1987-09-21 20 The Conference Lines have decided that the General Rate Increase of 7.5 percent due on Ist October, 1987 will be replaced by a rate restoration of the same amount, to apply only to Non-Tariff and Special Rates, effective Ist January 1988. The General Rate Increase will now be applied from586 words
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Advertisement17 1987-09-21 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.17 words
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Advertisement448 1987-09-21 20 C SAV I Cc .ISL FEEDER VESSEL S PORE I MOTHER VESSEL HK MICA IQQ ANTOF VALP SAt CSAV 3fl IV9 LAJA 2Sfl 4/11 Z/ll «ni mi «AVI 100 A VESSEL 1410 4/12 U2 ¥12 IM2 W2 CSAV 2 IMS CAR CAM lE* 3WI nil oro« ant) 1 CAROO FOR448 words
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Page 21 Advertisements
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Advertisement1033 1987-09-21 21 The Straits Steamship Group Mansfield Container Shipping Re Ltd STRAITS SHIPPING Singapore to Sibih, Sarawak, Brunei Ports and Bangkok R&ocLm P&O Containers Limited fk*r:ir: v*: *iXi>.mui\:wxA\; a;i OSAKA BAT KITANO MRU LAMS BAT MOM KOM MP>TW CARDIGAN lAY KKAVOM TOLAGA BAT TOWO express ;m«.oom «*t 'fimvwi express Accepting Cargo For:1,033 words
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Advertisement694 1987-09-21 21 I How N YK's leadership I keeps you ahead. .7 Jlt> i.7" w ■-"0 Nobody has the extensive experiences and vast resources Qf NYK. That's why whatever your shippingsconsignments, be it delicate cheeses or massive plant machinery, NYK has an > J impressive fleet of vessels to ]t perfectly meet694 words
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Page 22 Advertisements
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Advertisement227 1987-09-21 22 WE ARE NOW AT MARINA HOUSE #20-02 70 SHENTON WAY SINGAPORE 0207 TELEPHONE *****00 mm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY Singapore: BIRKART S E A Tel *****11 Pt. Kelang BIRKART SDN BHD. Tel *****66 INTEROCEAN LINE TEL: *****34, *****94 TLX NO. MA ***** 4U£TRALIA liK/EUROPE227 words
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Advertisement692 1987-09-21 22 S i |M* A. LINE MM* CMt—ATtM FULLY CONTAINERISED SERVICE [to EUROPf VIA SUEZ "J Mfmbf ,hf cf Consortium FROM ['JROPE VIA SUEZ Member ol the Act Consortium ORIENTAL CHIEF SSE KOREAN JACEJIN 40E ml IV CONTAIN! RISFD iO FROM NORTH AVIRICA WFSI COASI •FDR/MOTHER vessel ND 71E//KOREAN JACEWON SBE692 words
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Advertisement457 1987-09-21 22 FREIGHT LINKS EXPRESS SINGAPORE *****45 (25 LINES) KUALA LUMPUR: (03)*****80/1 PENANG (04)*****9/*****5 WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT ACCEPTING FCL/LCL TO JAKARTA 23/9 30/9 HONG KONG 29/9 6/10 BANGKOK 26/9 3/10 KEELUNG/KAOSHIUNG 27/9 4/10 MANILA 23/9 30/9 BUSAN 24/9 8/10 TOKYO/YOKO 23/9 30/9 \UJtMJIHM LOADING FOR SYD.457 words
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Advertisement1376 1987-09-21 22 EVER LINKING EVER GLOBE EVER GENTLE EVER GENTRY EVER CLEAKY EVER GOLDEN EVER GROWTH EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SSP HKG KSC KLC PUS OSK 23/9 27/9 an 1/M 108 4/M »/M *M ?/M 11/ M l*M IS/M ivm m/M 2*M 22/ M ayu 2*m via ant ant 1/11 yu1,376 words
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Page 23 Advertisements
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Advertisement729 1987-09-21 23 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE SEA HAWK RATANA SHUN SEA DRAGON LL±l BANGKOK CONTAINER SERVICE PASIR GUDANG CONTAINER SERVICE SIN nut 23/0 VOY it/1 SEA PEARL Tn r% 4/10 7/10 I '.1 PGD LOAOMO729 words
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Advertisement811 1987-09-21 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT NMI rHAVEN KDAM HAVRE STO* PIUK SPOtK FN Kjaakart Mm SaiM SaaM Sa>M bM SwM 22/1 TK. Hi CarMfW M SaM SaM M SaiM S»M 27» 2M HKG. KAC ■mvw SwM SaM SaM Sum SaM VM Ifl811 words
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Advertisement495 1987-09-21 23 v f .1 i 1 VESSEL/VOY PALEMBANG/7WB CAUDA CAMA/19WB MATARAM/19WB S PANJANG/17WB ANTWIUP BILBAO BREMEN A'DAM/R'DAM H BURG 24/10 niVO 31/11 U/ll WU 23/11 2/11 |fU U/ll s/u wu urn Said, Port Alexandria, Ommm, Trtiin, ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO UK PORTS, NULL. LE HAVRE. OSLO.495 words
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Advertisement398 1987-09-21 23 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR TTTT Trrr»"T (Burmese National Line) Loading for Rangoon S pore P.Ktlang Penang Bangkok NTONEYWA V227W 23/25 Soot PAGAN VUNf 24/21 Sort 24® Sort •SA6AINC VU H/» So* Loadtnf lor Euro** \SS BANK LINE FYPDrcc (CULrntiTiiucD ccouirc NORTHBOUND TO UKC SPORE RDAM HULL HMBG CLYDEBANK398 words
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Page 24 Advertisements
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Advertisement894 1987-09-21 24 \m"K"UnE SHIPPIfIG-DflTfl ATLflriTlC COAST (Round-The-World Service) ORIENTAL FORTUNE V 5 NEPTUNE JADE V 9 •PK/PNG Sid 26 Sep NYC HFX 31 Oct 4 Nov 7 Nov U Nov PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL 0. FORTUNE V 5 Sid 25 Sep MACKINAC BRIDGE 9 NEPTUNE JADE V 9894 words
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Advertisement311 1987-09-21 24 il .l H .1 Accepting LCL and containerised cargo** DJract to South Africa S pore I Durban HAYAKAWA MARU 3834F VAAL 3932F NEDLLOYD COLOMBO 3630G OSAKA MARU 3735G C Town Durban Sid SM 26/9 29/9 \\IM/ JARDINE SHIPPING AGENCIES (REG. *****4/ OOK) irrrrim 200 CANTONMENT ROAD #12 05 SOUTHPOINT. SINGAPORE311 words
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Advertisement558 1987-09-21 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Foodot PKttoni llmw Vtssrt Spore lkWb From SrdT Ato Aoopt CHANDIDAS *77 22 Sept I Oct 17 Oct IS Oct AM/Bra "RAyiOAS" »J6 20 Oct S Nov 14 Nov 12 Mm Add Bus INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Sinpuri P Ktton*558 words
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Advertisement655 1987-09-21 24 GOLDEN LINE GUAM GUAN SHPMNG (PIE) LID 23. kf M tmtmm mm m smam <w uo> Fai: sms STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST CotanbofKaracht/Dutai GOLDEN HAVEN Cotombo/KarKht/Musjt CHINA SERVICE A VESSEL HsinUn(/Sh*nfh*i Spore P.Kclm|Pm 27/21$*- 15/16 Oct 2V» Se*- CHINA OCEAN SHIPPING THE PEOPLE'S REPUBLIC KUNMING GANJIANC .'MH'Tflm ]H I655 words
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Advertisement395 1987-09-21 24 PHILI onl€NT LIN (5 r>T€ LTD 1 Htfl3 OFFICE 63 ROf SSCN BCAS 07 1 AFRO ASIA BU'IOING SINGAPOHt 01C6 HL{X RS 7t120 PHIII FAX EAST AFRICA/MEDITERRANEAN DOHA, MUSCAT. BANRAM. AM OHAM A SHARJAH. JHMAH. HOOEIOAH. AQABA N. ROW. KOBE. KEELUW. 211: < i 7TT» USA SERVICE MEOUNE I. YERMOSHKIN395 words
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Page 25 Advertisements
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Advertisement1064 1987-09-21 25 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD EU/AUST TP A/SEA Ttnninal CFS BOOKINGS: *****53 *****42 *****22 *****53 *****19 *****14 uuau uiuv r?J(u4 NEPLINE SON BHD. )OW7 NEPLINE SON. BHD *****33 NEPLINE SON. BHD. amwnmumxitnm NEPLINE SON BHD. 2MBMOMB4I FAR EAST/EUROPE FULLY CONTAINERISED TO EUROPE/UK (VIA SUEZ): PM<jnt SP ort1,064 words
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Advertisement555 1987-09-21 25 HEUNG-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG, BUSAN, INCHON Vtiut i Nam* No I Dwimi 7WN Gloria 71SN M. Efiterpri«e/713M No 7 Donam/707N No 9 Donam/707N No C DM 71 ON No I DNfTOM Fully conUinoritod S port p Kelang turn jtm vm 2MB555 words
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Advertisement667 1987-09-21 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 f a «iA^ (Wress S,NSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** r KI LA Flu Pf flAMff M/S HAN DL INC SYSTEM CO SON BHD mSSMAI667 words
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Advertisement16 1987-09-21 25 Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT SINGAPORE TEL *****11 (15 LINES) BANGKOK TEL 2SJMM-516 words
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Page 26 Advertisements
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Advertisement409 1987-09-21 26 SINGAPORE SHIPPING Mr CORPORATION (PTE.) LTD. TEL 225 6868 <30 Lines' FAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD deutfracht/seereederei rostock INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO Accepting cargo for INDIA Bombay. Cochin Madras **VIA LARNACA: Accepting cargo for Lattakia, Piraeus, Thessaloniki. Izmir, Istanbul409 words
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Page 27 Advertisements
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Advertisement553 1987-09-21 27 qMN SOCIETE MAURICIENNE DE NAVIGATION LTEE MM: IWI INDIA OCEAN. SOUTH/EAST REGULAR SEMI-CONTAINER SERVICE SEALION SHIPPING(S) PTE LTD TE L *****51 (5 line) TE LF RS3I->1 SEUON FAK 2.'5C'41 AhtK A OctAN LiwfS Lrd. VESSEL ETA SPORE Loading tor MV (LION 5/10 Lagos, Port Harcourt, Douala, Tema and Bissau Accepting553 words
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Advertisement250 1987-09-21 27 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S PORE ETA KEELUNC CON-CARRIERS 13/17 2*9 29/9 CON-CARRIERS 14/17 VU Ul| CON-CARRIERS IS/V 11/tf IVII WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE HA SYD ETA Kit CON-CARRIERS 21/07 2Sfl 17/W 21/10 CON-CARRIERS 22/07 3/10 2*lo 2900 Alw »cc**inf250 words
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Page 27 Miscellaneous
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Miscellaneous173 1987-09-21 27 Regional Weather >• Pi a R >J H Va s> 2 I fK s i us SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Wind direction with speed in knots Wave height R Thunderstorm Temperature «> c X\ y Shower Weather Wind direction with speed in knots173 words
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Page 28 Advertisements
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Advertisement565 1987-09-21 28 T» I INK I.INKR Mlll' I' I\ I* I K I II) 'II aIV .J I, V- H V S iw.fl- o: TFI ('.l TI hS ,','tvJl Fi l\F W IA i ki koim: service l« ISS ISS FAR EAST SERVICE Ecszmm ICE MIDDLE EAST GULF SERVICE Mia SMJ AM565 words
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Advertisement546 1987-09-21 28 ZIM FULL CONTAINER SERVICE accepting FCULCL caryoes to USA East t Wnt Coast Carribbean.East Canada. HAITI, Port Au Spain, Barbados N. ST. LUCIA. KttLUNC REELUNC NEW YORK NEW YORK VESSEL VESSEL VESSEL VESSEL A I TaiiN: ZIM PIRAEUS ACCEPT IW CARGO TO AKLAIOC VIA MELBOURNE AND ALSO FCL TO GUAM546 words
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Advertisement581 1987-09-21 28 Everett Lines CPV THROUGH BILL OF LADING TO FINAL DESTINATION. P»nan(* P. Kaiang Singapore HUGH EVERETT 21/Z7 Sep HUGH EVERETT MANOLOEVERETT MURRAYEVERETT 17/11 Oct 2/3 No* 'EVERETT ORIENT LINE** 9 JAPAN/BAY OF BENGAL/JAPAN SERVICE, fil Y y LOADING FOR YOKOHAMA, KOBE, NAGOYA, MOJI, TOKYO*!" AND OTHER JAPAN PORTS* ALSO ACCEPTING581 words
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Page 29 Advertisements
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Advertisement144 1987-09-21 29 Hamburg West Germany Tiger Line DIRECT EXPRESS SERVICE TO CHITTAGONG PRELUDE V 4 ETA 24 SEPTEMBER BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS ***** ahrenkiel liner service CONTAINER/BREAKBULK SERVICE TO/ FROM PORT LOUIS AND DURBAN SM PTL DBN ALS RELIANCE VSBW 22/09 03/10 08/10 ALS ENOEAVOUR144 words
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Advertisement114 1987-09-21 29 PERCH OCEAN LINES (Pcrfact China Ocean Shipping Lints) CHINA SERVICES Etd. S PORE Etd. PKLC Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI ft OTHER PORTS WEEKLY SAILINGS CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOUIS AUSTRALIA HI II 111 lIK H II;; Ngshlp Agencies Tefefhewe: 2211*4), Tatoi M 2M7t114 words
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Advertisement120 1987-09-21 29 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA VESSEL VOY SINGAPORE RATU KONSORTIUM ETA ETD KONSORTIUM 42-43 2509-27/09 44-45 01/10-02/10 46-47 08/10-09/10 PRABHAKTI 96-97 23/09-24/09 96-99 30/09-01/10 100-101 07/10-06/10 102-103 14/10-15/10 104-105 21/10-22/10 Also Accepting cntrs to Panjang SINGAPORE/SURABAYA VESSEL VOY SINGAPORE PRASETIA 34/35 26/09-26/09 36-37 03/10-03 10 38-39 10/10-10/10 General120 words
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Advertisement1063 1987-09-21 29 cfc> *11 j ...tL *tl THE NATIONAL SH&PINQ COMPANY OF SAUDI ARABIA REGULAR RQ-RQ SERVICE TO MIDDLE EAST VESSEL I SINGAPORE P KELANG I 20 OCT S. RIYADH FEA MO ABh [EA Q32 J 12 NOV 14 NOV Q NOV g NOV Accapting Braafcbulfc. Ro/Ro, Container* i FCL Containers fer1,063 words
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Page 30 Advertisements
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Advertisement449 1987-09-21 30 IRGO SHIPPING COMPANY (PTE) LTD. REGUIAR EXPRESS FULL CONTAINER AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERLINE From USA/Canada/Europe/M«dit*rran«an 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CFS (Import) K37 Tel. *****78 CFS (Export) EAL Tel: *****49 +-WS*. P.T. UNITED SHIPPING F* ORGANISATION LTD DIRECT REGUIAR SERVICES449 words
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Advertisement430 1987-09-21 30 .•.WtflViVuVn *iyi —i—— CALL us 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 nr MTHR VSI N DEJIMA B. SUHIA SELANDIA u.» a to TO EUROPE FEEDER BUTANC 375 B. BUTANC 377 B. BUTAMG 379430 words
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Advertisement670 1987-09-21 30 PAKISTAN NATIONAL SHIPPING CORPORATION, KARACHI INDONESIA AND MALAYSIA-KARACHI AND MIDDLE EAST GULF SERVICE LOADING FOR KARACHI, DAMMAN AND DUBAI OHRMAZD 25-27/9 LALAZAR SHALAMAR 24-25/10 Calls at Kuantan subject inducement PTK SBY 28-30/9 9-13/10 26-28/10 KNTN PKLNQ 2-4/10 17-19/10 20-22/10 30/10- 2/11 3-5/11 BELA 5-6/10 23-24/10 6-7/11 PNG 7-9/10 25-27/10 8-10/11670 words
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