The Business Times, 28 September 1987

Total Pages: 30
1 30 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 112/12/86 MONDAY, SEPTEMBER 28, 1987 75 CENTS
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  • 875 1  -  Oct 1 launch date with SES put off By ALAN LEE THE OCT 1 launch date for a new common commission structure on both the Singapore and Kuala Lumpur stock exchanges is off. This follows a decision by the Kuala Lumpur Stock
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  • 622 1  -  By LEE HAN SHIH THE PUBLIC SECTOR has completely stopped building warehouses in Singapore at least for the time being. At the end of March, not a single ongoing warehousing project in Singapore belonged to the government. And none of the three
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  • 129 1 Ventures dodge taxes Chinese paper Reuter SOME JOINT VENTURES between Chinese and foreign companies are hiding profits in order to dodge taxes, the China Daily Business Weekly said yesterday. The newspaper cited the example of more than 400 joint ventures in Foshan Prefecture in the southern province of Guangdong where
    Reuter  -  129 words
  • 91 1 AP ASEAN MEMBERS will establish restaurants in the world's major cities soon to popularise their cuisine. Malaysian Agriculture Minister Sanusi Junid told reporters yesterday that besides making money, the restaurants could bring Asean (Association of South-east Asian Nations) and the rest of the world closer together. The decision
    AP  -  91 words
  • 357 1 JAPANESE Prime Minister Yasuhiro Nakasone said yesterday he knew South-east Asian countries were dissatisfied with Japan's economic cooperation but most Japanese were largely unaware of their international responsibilities. "Among Asean countries (Association of South-east Asian Nations) there is still some sense of dissatisfaction
    357 words
  • 355 1 THE FARES for rides on Mass Rapid Transit trains, which are scheduled to start running from Nov 7, will be announced by the end of this week. This was disclosed by Mr Michael Fam, chairman of the Public Transport Council, at
    355 words
  • Page 1 Advertisements
    • 295 1 Need a housing ban? (ALL 737-7977 MaTJ VNfcyfoong Mortgage And Finance (S) Ltd A wholly-owned subsidiary of Hongkongßank ftClaymore Hill #03-01 l lav more Plaza Singapore (WZ2 SINGAPORE NEEDS a comprehensive blueprint to help develop the country's small- and medium-sized enterprises, says Michael Fernandez, sole proprietor of a small consultancy.
      295 words
    • 272 1 THE MALAYSIAN ECONOMY is expected to post o modest 2 to 3 per cent growth rate this year. ASIA-PACIFIC, Page 4 FINANCE OFFICIALS from the world's largest free-market economies have renewed an eight-month-old agreement designed to hold the US dollar steady against other major currencies. REST OF THE WORLD, Page
      272 words
    • 104 1 $*[.<[^-`(>)+^:(\{](',~!$@>[]%/ KLSE scraps Mssom standby fadltty, Paga 16 Because of Atsuko's determination, no other airline can offer you this: V < MSls|r^l|y As highly trained and dedicated professionals we will confidently do our utmost to make any flight with us as enjoyable as possible. Jr m As the world s
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  • MANAGEMENT
    • 1210 2  - SMEs the Japanese experience By BOEY KIT YIN SINGAPORE needs a comprehensive blueprint to help develop the country's small- and medium-sized enterprises, says the sole proprietor of a small consultancy. Michael Fernandez, who is alto on the management committee of the Singapore Indian Chamber of Commerce, had, after a seven-week
      1,210 words
    • 542 2 FT SET UP a business in manufacturing and there is more than a fair chance that bad debts will be a significant factor if you go bust. But start out with a hotel or some other leisure related business and it is much
      FT  -  542 words
    • 235 3 THE NUMBER of casualties appears to be dropping. After another two exciting periods of trading in Round 2 of the ongoing National Management Game, six companies have incurred losses, the highest of which was 5512.1 million. Sixty-six companies returned profits ranging
      235 words
    • 1627 3  -  Being a company director in Singapore is more onerous a task today than in the past, especially with the latest amendments to the Companies Act. Directors need to become more aware of their responsibilities and how exposed they can be to legal actions because
      1,627 words
    • 573 3  -  column that helps small r* companies grow By BOEY KIT YIN THE IDEA of setting up "incubator units" at the Singapore Institute of Standards and Industrial Research's modern and new facilities to help small companies defray some of their costs in starting up research and
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    • 834 3 FT THE BRITISH financial services sector has a serious manpower problem. In London and other leading banking centres, highly skilled personnel with up-to-the-minute knowledge are. literally, at a premium. Invariably, they are obtained by poaching at a substantially higher salary from the competition. Some form of
      FT  -  834 words
  • Page 2 Advertisements
    • 386 2 A long time ago, in a land known today as Sweden, men took to tke bottle before they ate dinner. (They felt they needed I it. They were r aquavit, the Swedish equivalent to Vodka, chasing it down with a sandwich. That and White Fish, Roast <.a' Duck with Prunes
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  • Page 3 Advertisements
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    • 565 3 6th NATIONAL PRODUCTIVITY CONGRESS 27 28 Oct dk If does not matter what the Industry is... Hfhether the product is semi-conductors or turbines or if it is Services like hotels, parts distribution SURVIVAL is Dependent on QUALITY. 9 WBHhHiibiwb Speakers at the Congress will present papers on the sub-themes of
      565 words

  • ASIA-PACIFIC
    • 550 4 Slight upturn in commodity prices expected AFP THE Malaysian economy will post a modest 2 to 3 per cent growth rate this year, government and private sector economists said yesterday. They said growth in the gross domestic product would come from a slight
      AFP  -  550 words
    • 508 4 AP COUP LEADER Colonel Sitiveni Rabuka said in an interview published yesterday that Fiji would become a republic on Oct 10 and called for a Constitution under which ethnic Fijians would dominate Parliament. "There is no other way now,'" Rabuka was quoted
      AP  -  508 words
    • 191 4 AFP VIETNAM'S Communist Party has formally launched a massive clean-out campaign to boost the party's prestige and "fighting spirit", the official press said in Hanoi. Nhan Dan, the party newspaper, on Saturday quoted a poI itbur o resolution signed by Party Secretary-General General Nguyen
      AFP  -  191 words
    • 173 4 Reuter CHINA COULD BE a major supplier of agricultural and industrial raw materials for Taiwan if the island lifted a ban on direct imports from the mainland, an official newspaper said on Saturday, quoting a newspaper from Taiwan. Economic Information reprinted a story
      Reuter  -  173 words
    • 187 4 AFP THE PHILIPPINE Senate will call on President Corazon Aquino this week to repudiate questionable foreign loans and set a ceiling on debt payments, the official Philippine News Agency (PNA) said on Saturday. The resolution, to be introduced by the Senate Committee on Economic
      AFP  -  187 words
    • 222 4 AFP INDIAN police have withdrawn security guards and armoured cars protecting three federal ministers recently sacked or eased out of Prime Minister Rajiv Gandhi's government, official sources said on Saturday. Police removed bodyguards from former defence minister Vishwanath Pratap Singh, the sacked internal security
      AFP  -  222 words
    • 389 4 Reuter JAPANESE COMPANIES are increasing direct investment in South-east Asia is order to cope with the rise in the yen's value which has made their products less price competitive, investment experts said. Hideo Ishihara, managing director of Industrial Bank of Japan Ltd,
      Reuter  -  389 words
    • 883 4 ARRIVALS Operator Service number Loco! firry# From su SQ11 0045 LAX/NTT UA UA805 0045 SFO/HKG FT FT73 0046 LAX/SFO/ANC/ NRT/OSA/TPE MAS MH621 0140 KUL SU SQ41 0615 MAA AC ACS 80 0700 YYZ/BRU/DXB MAS MH601 0720 KIN. StA SO 4 3 0805 DMA/ROM MAS MH681 0820 KUL
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  • Page 4 Advertisements
    • 266 4 Here's a business deal for you to chew on. Some call theirs the H Executive Lunch. Others name W 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
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    • 34 4 The business person's choice, every Tuesday, Thursday. Saturdoy and Sunday Leaving Changi Airport at 22:05 hours and arriving Heathrow early the Wowing nornmg Call your Travel Agent or Air Canada at *****55 AIR CANADA
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  • Page 4 Miscellaneous
    • 109 4 ■///'A Show#r» Cloudy Cleor Clear Clear Cloudy Clear Sunny Clear Cleor Clear Fair Fin* Cloudy Clear Clear Cloudy Haze Cloudy Clear Clear Fine Cloudy Roin Rain Cloudy Cloudy Haze Cloudy Cloudy Singapore OUTLOOK: Showers over several areas In Report for 24 hour* prior to 7.30pm on S«p 27 at the
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  • REST OF THE WORLD
    • 598 5 AP FINANCE officials from the world's largest free-market economies in Washington on Saturday renewed an 8-month-old agreement designed to hold the US dollar steady against other major currencies. With the dollar relatively stable in recent months, finance ministers from seven nations agreed to
      AP  -  598 words
    • 437 5 Reuter THE ECONOMY of South Africa is fighting back after its worst slump in half a century, but both government and private forecasters are having to scale back predictions for 1987 performance. Hostility among foreign investors and lack of confidence among South Africa's own businessmen
      Reuter  -  437 words
    • 368 5 Reuter THE SOVIET BUDGET and economic plan for 1988 will depart from the stereotypes of recent years and do more to encourage initiative from below. Official news agency Tass said during the weekend that the planned changes in the budget, to be presented at a
      Reuter  -  368 words
    • 361 5 AP THE LIBERAL FRONT Party, the minority member of the governing coalition, has withdrawn its support for President Jose Sarney's administration in a bid to force a change in the Cabinet. Carlos Chagas, a political columnist of the O Estado de Sao Paulo
      AP  -  361 words
    • 340 5 AP DEMOCRATIC presidential hopefuls, in a twist ot partisan irony, are giving President Ronald Reagan stronger support for an arms control agreement he is expected to sign than the candidates of his own party "It's not the president's treaty, it's the nation s treaty,"
      AP  -  340 words
    • 215 5 Reuter COLOMBIA has unveiled a multi-billion dollar social and development plan to eliminate poverty, an initiative praised by international organisations as a model for Latin America. The government said on Friday that the plan sought to use increased state revenues. reorientation of public investment and US$2
      Reuter  -  215 words
    • 233 5 AFP THE United Nations Food and Agriculture Organisation (FAO) has reported "a serious failure" of the main cereal harvest in parts of Ethiopia and predicted "severe food shortages" at the end of 1967 and throughout 1988, unless immediate preventive action is taken by
      AFP  -  233 words
    • 471 5 Reuter THE International Monetary Fund, saying global economic prospects appear a bit better than they did six months ago. forecasts continued moderate economic expansion for the remainder of this year and the next. But the world economic outlook, released ahead of
      Reuter  -  471 words
  • Page 5 Advertisements
    • 40 5 Public Lecture by Professor Assar Undbeck Lee Kuan Yew Distinguished Visitor Ibpic Limits to the welfare stale Dale Monday, 28 September 1987 Time 600 pm Venue Lecture Theatre 11, Kent Ridge ALL WELCOME ADMISSION FREE For enquiries please call: 772-2539,772-2303
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    • 242 5 More In Third World may suspend debts, Page 7 Such a dream home will be available at VIEWPOINT located along Singapore's choice East Coast residential district at Meyer Road. This extremely popular location is due to the excellent accessibility afforded by the East Coast Parkway and is enhanced by the
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  • MONEY AND EXCHANGES
    • 752 6 Reuter DETAILED PLANS for a link between the London International Financial Futures Exchange (Liffe) and the Chicago Board of Trade (CBT) should be ready by the end of this year. Liffe chairman Brian Williamson said during Liffe's fifth anniversary last week: "I would
      Reuter  -  752 words
    • 107 6 Reuter HONGKONG has revised its exchange rate index to show that the HK dollar has gained in value against 15 major currencies. Government officials said last Friday the revised index showed the Hongkong dollar rose more than 6 per cent against the currencies from October 1983
      Reuter  -  107 words
    • 313 6 Reuter PAKISTAN'S foreign exchange bearer certificates, launched two years ago to overcome a serious shortfall in foreign exchange reserves, have proven enormously successful. "They are very popular among Pakistanis working abroad and other foreign nationals as well." said Sabiha Hasan, a spokeswoman for the Bank
      Reuter  -  313 words
    • 262 6 Reuter SOUTH KOREA'S Cabinet has approved a draft 1988 budget which, defying strong US pressure, envisages only a small appreciation next year of its won currency against the dollar. "The won will have to remain stable next year to ensure there is no serious
      Reuter  -  262 words
    • 1484 6 Union Bank of Switzerland AFP ZURICH: THE weekend meetings between the G-5 and G-7 finance ministers and central bank heads have been occupying the thoughts and actions of foreign exchange market participants for weeks. As a result, professional trading has not been all that brisk and rates have
      Union Bank of Switzerland; AFP  -  1,484 words
    • 196 6 Credit Suisse First Boston (Asia) FIRM interbank rates prevailed last week because more share issues are scheduled to be launched in the forthcoming weeks. There were slight aberrations in the interbank market with overnight rates trading firmly within the range of 3 and 414 per cent,
      Credit Suisse First Boston (Asia)  -  196 words
    • 379 6 Green and Collier Bullion Pte Ltd. PROFIT-TAKING and book-squaring prior to the G-5 meeting eased gold prices to settle off last week's high in dull range trading. Compared with the previous Friday's settlement, spot gold gained $2 to finish at U*****.10 an
      Green and Collier Bullion Pte Ltd.  -  379 words
    • 211 6 Asian market ASIAN CURRENCY average deposit rates for 1 Iho week ended Sep 25 BIO PRICES High Low US 1 7 days 7 5/8 7 1/8 1 momh 7 1/2 7 7/16 2 mon*» 7 9/16 7 1/2 3 monlh» 7 9/16 7 1/2 6 nimHtw 8 7 15/16 9
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    • 33 6 The range of call rates for the week ended Saturday, Sep 26 t tank fund 1.5 2.8 G«n fund 2 2.5 Movffntfifi ©f funds M$ 1,954m Source: Short Deposits (M) Bhd
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    • 494 6 PLR of banks at the dose of business on Friday, Sep 25, as supplied by the Association of Banks in Singapore. BANK PLR Algemene Bank 6% Allied Irish Bank PLC 614 American Express Bank 7 Am'Dam R'terdam Bank 6% Arab Banking Corp 7 Arab Bank Ltd 7%
      494 words
  • Page 6 Advertisements
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    • 166 6 OLYMPICS EUROPE i m lrni ,V VA K 4 a:< (■■■■■■■■in >IA h I ■mpus ■lllira 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.
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  • BANKING AND FINANCE
    • 522 7 NYT ALTHOUGH the Bank of New York stunned the banking world last Friday by making a hostile offer to acquire the Irving Bank Corp; the move seems right in step with the recent development of the banking industry. Banking is no longer the genteel
      NYT  -  522 words
    • 74 7 A NEW 100-French franc coin bearing the image of General Lafayette was put into circulation last Friday as part of a collection to celebrate the bi-centenial of the French Revolution in 1989. On the other side of the coin is the motto France Liberty, Egality,
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    • 347 7 Reuter JAPAN is urging sales of gold from the International Monetary Fund's vast hoard of the metal to help out the world's poor. Japanese Vice-Finance Minister Toyoo Gyohten told a luncheon seminar in Washington on Friday that the IMF should
      Reuter  -  347 words
    • 355 7 Reuter SPAIN'S Banco Hispano Americano was so impressed by a survey showing that customers tend to stay loyal to the bankers with whom they open their first account that it created a special young people s bank. Video films, rock music, art shows, hi-tech design,
      Reuter  -  355 words
    • 450 7 Fears that rescue package may be jeopardised Reuter IN A MOVE that could make it more difficult to mount a financial rescue package for Brazil, western governments have demanded early repayment of about US$5OO million in loans, bankers said. Brazil has stopped paying interest
      Reuter  -  450 words
    • 291 7 AP REPRESENTATIVES of Third World governments said on Saturday at a meeting of world financial leaders that more of them may suspend or limit payments on their US$l trillion debt. "Such a scenario does not seem to be in the interest of any
      AP  -  291 words
    • 400 7 Reuter JAPAN has assured the US that it is not planning to raise interest rates, an action that could depress the dollar and push up rates worldwide. "We have no intention of raising the official discount rate," Bank of
      Reuter  -  400 words
    • 258 7 Reuter KUWAITI Finance Minister Jassim Mohammed AlKhorafi was quoted last Friday as saying plans to borrow 1.4 billion dinars from the Kuwaiti market would safeguard the country's reserves. He told the Kuwait news agency Kuna the move would also enhance monetary control, stimulate economic
      Reuter  -  258 words
  • Page 7 Advertisements
    • 148 7 Olvmpn-length swimming pool -.JSk mm ItJ X I Resort style full-service acaxnriKxlation by the sea. Available for a month or more. Wagnifnrni vie* of the sea Fully furnished apart menu imlude air-con unils and built-in wardrobes mall WH bedrooms X. r CALL 441-2888 for a preview. Fully furnished units ranging
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    • 373 7 CONFERENCE ON RECENT SECURITIES MARKET DEVELOPMENTS 19th 20th October 1987 Jointly Organised by Association of Merchant Banks in Malaysia and The World Bank International Finance Corporation Shangri-la International Hotel Kuala Lumpur RECENT TRENDS IN EQUITY MARKETS DEVELOPMENT: INVESTING IN EMERGING MARKETS Mr. David Gill Director, Capital Markets Department The Worid
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  • Page 7 Miscellaneous

  • COMMODITIES
    • 1015 8 Gulf tension provides impetus AFP INCREASED HOSTILITIES in the Iran-Iraq war, which entered its eighth year last week, served to focus the attention of commodity traders on the energy and precious metals sectors last week. Currency factors also played a part, ahead of the
      AFP  -  1,015 words
    • 292 8 Reuter INDIA is likely to remain a net sugar importer in 1987/88. with production expected to fall short of the country's rapidly-rising domestic needs. Traders in London said last Friday that estimating India's white sugar demand was largely guesswork, but they believed
      Reuter  -  292 words
    • 368 8 Reuter CRUDE OIL PRICES are likely to trade near the bottom of a US$l6 to US$22 a barrel range for the rest of this year because oil supply will overwhelm demand, according to US analysts last week. The analysts predicted at
      Reuter  -  368 words
    • 332 8 Reuter CHINA mistakenly believed its grain problem was solved after producing a record harvest in 1984, but difficulties persist and it is unlikely to reach its grain target this year. Three top farm experts told the China Daily last Saturday that deteriorating irrigation facilities, official
      Reuter  -  332 words
    • 312 8 CRUDE palm oil future* on the Kuala Lumpur Commodity Exchange moved strongly ahead last week to breach the MsBoo a tonne mark for the first time since February. Trading was hectic and a record turnover of 4,535 lots was achieved for the week from 1,946 previously. Tuesday and
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    • 327 8 London Commodity Exchange Buyer/Seller dosing prices on Sop 25 (£/tonne unless specified 1 Previous doting prices In parenthesis. Coffee Basis in-ttore London, toilers option Clf London S«P 1256/1260 (1254/1255) High/Low 1260/1242 Nov 1285/1289 (1285/1287) High/Low 1290/1274 Sales (1476) Cocoa S*P 1197/1203 (1198/1210) High/Low 1198/1198 Doc 1237/1239 (1236/1237) High/Low
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    • 209 8 Rubber THE Malaysian rubber market finished easier last week with International Ones RSS down 1.50 Malaysian cents a kilo to 269.50 from the previous Friday's close. Dealers said the market ended on a quiet note amid featureless trading. The price opened one cent lower at 270.00
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    • 137 8 THE Kuala Lumpur Tin Market (KLTM) closed unchanged at M 516.90 per kilo last week in fairly qufet trading. The market opened one Malaysian cent lower" at M 516.89 per kilo last Monday as there were no fresh leads from the European spot market. The price went dovyn
      137 words
    • 166 8 Chinese Produce Exchange Sellers' noon doting prices on Sep 25 (S$/100 kg) Coconut oil Mk FOB 95.00 Old drum FOB 105.00 New drum FOB 109.00 Copra Mixed (loot*) 5A Pepper Munlok whit* FOB NLW 1355.00 Sarawak whit* FOB foq NLW 1340.00 Sarawak spedal block FOB NLW 985.00 Sarawak
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  • Page 8 Advertisements
    • 660 8 INTERIM RESULTS 1987 Hongkong Land Results The unaudited consolidated net profit after tax and minority interests but before the preferred ordinary share dividend and extraordinary items for the six months ended 30th June 1987 was HK$474 million, an increase of 23% over the results for the same period in 1986
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  • FOCUS
    • 764 9 UPI FIVE YEARS AGO. in the depths of Mexico's worst economic crisis, few Americans ever heard of Corona Extra, the beer Mexico City's Modelo Brewery now cannot ship fast enough to thirsty yuppies across the border. These days the golden brew is the
      UPI  -  764 words
    • 718 9  -  Success of reforms partly to blame Inflation, a problem that has beset many a capitalist economy, is now rearing its ugly head in China. MARK O'NEILL examines the situation. In a related article, he looks at the plans for leasing land to
      Reuter  -  718 words
    • 639 9 AP THE CHILEAN military government's economic programme, a linchpin in its bid to rule until 1997, is winning high praise from bankers and businessmen. But most Chileans say things aren't any better for them. Some local economists refer to the contradiction
      AP  -  639 words
    • 512 9 Reuter IN A DRAMATIC break with past communist practices, the leaders of China's largest city, Shanghai, have proposed leasing land to foreigners to raise urgently needed money. Shanghai's Communist Party head Rui Xingwen said the city was deeply in debt and would not be
      Reuter  -  512 words
  • Page 9 Advertisements
    • 158 9 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 and
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    • 366 9 The Gold Coin Standard mi J**! nd Gold is the one commodity that has long been valued as the basis for sound financial planning. Esteemed for its enduring value, gold has proven to be a long-term insurance against monetary, political, and social uncertainty. Investors are generally advised to include a
      366 words

  • PERSPECTIVE
    • 713 10  -  While far from being euphoric about East-West relations, Europeans are increasingly emphasising signs that Mr Gorbachev is engineering a major change in Soviet foreign policy. Western governments have been urged to welcome Moscow's apparently more pragmatic approach to managing its ties with
      AP  -  713 words
    • 841 10 Reuter AFTER GUIDING EGYPT firmly but cautiously through six turbulent years, President Hosni Mubarak is almost certain to be re-elected next month. And he looks likely to tackle the largest Arab country's slow-burning economic and security problems with the circumspection that
      Reuter  -  841 words
  • Page 10 Advertisements
    • 351 10 on achievement Dusiness Times, Singapore's foremost business paper, and DHL, the world's leading courier, are proud to announce that the search is on for Singapore's Businessman of the Year, for the individual who strove for success and so made the most notable contribution to business in 1987. And we are
      351 words
  • Page 10 Miscellaneous
    • 632 10 TOjHKfcOaa @OD§BSE*M!) CRYPTIC PUZZLE ACROSS 1 Where no cet is disturbed (5) 6 James's girl? (5) 9 Is colourful and may look first-class in brown (7) 10 Not a consumer of fat. but fish! (5) 11 Students of quality (5) 12 She's in orbit (5) 13 Schoolboy hero with big
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  • THE ARTS
    • 477 11  -  SHAUN KOH AS SINGAPORE lacks a music conservatory, it would be difficult to imagine a vibrant musical atmosphere as a result of many performances by its university student groups. But in cities where a conservatory does exist, announcements about upcoming student concerts fill the diary section of the
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    • 568 11  -  Side Street Ramblers display art of barbershop singing By SHAUN KOH BARBERSHOP SINGING is about as American as grits and biscuits are Southern. You have probably heard it, but never knew what this form of a capella close-harmony quartet singing was called it is a style
      568 words
    • 774 11  -  By ASAD LATIF A PERFORMANCE by Ravi Shankar is an experience in the paradox of selflessness. That could probably be said of any artiste who has mastered an ancient and living art; but for the sitar maestro whose genius and
      774 words
    • 677 11  -  By MARTIN SOONG TAKE FIVE musicians and gentlemen from disparate cultures and jazz backgrounds, put them together on stage in Singapore, and what do you get? Well, with the Chicago-based Eldee Young Trio under the spotlights last Friday night with Baltimore guitarist O'Oonel Levy
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  • Page 11 Miscellaneous
    • 1179 11 to sm mm PM SBC Text Sample Pages. Opening and Programme Highlights followed by The Paper Chase The Graduation Year: Graduation (Pt 1). Adorn Smith's Money World. Fanfare for Young Muskions (r). Coming Attractions. Chinese Opera Journey To The West (See highlights, C). Classical Moments Simon Rattle (See highlights). News.
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    • 23 11 U>He£C I U>HFVT I DO\NG 'STUIS PLACC ©Evenir-9 SUndird Co Ltd .1912-1967 Houy PnRCK£R£L I SI rve looscnjcd nw mold ON ReftLiTy ~*4f16
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  • SPORTS & LEISURE
    • 325 12 AP THE ON-OFF heavyweight boxing showdown between British rivals Frank Bruno and Joe Bugner was back on again last Saturday when promoter Barry Hearn said that the Australian-based Bugner had agreed to terms. The fight British boxing fans have been yearning to see for
      AP  -  325 words
    • 145 12 AP OAKLAND ATHLETICS' slugger Reggie Jackson was honoured before Saturday s game with the Chicago White Sox, in what is expected to be his last season in baseball. "I'm just glad I had the opportunity to come back to Oakland," Jackson told an appreciative
      AP  -  145 words
    • 465 13 AP BRAZIL'S Nelson Piquet moved into a position to clinch the world driving title after he grabbed the pole position for the Spanish Grand Prix by posting the fastest time on Saturday in the second qualifying session. Piquet moved into the top qualifying spot
      AP  -  465 words
    • 140 13 AP WAYNE GARDNER of Australia had the fastest time on Saturday in the second session of time trials for the Brazilian Grand Prix of Motorcycling and will start on the first row in the SOOcc category yesterday. Gardner, on a Honda, clocked the best
      AP  -  140 words
    • 313 13 UPI TOP-SEEDED Stefan Edberg, playing a near-perfect serve-and-volley style, powered his way into the finals of the U*****,000 Volvo Men's Tennis Tournament on Saturday night with a 6-2. 6-3 victory over unseeded Tim Wilkison at the UCLA campus. Edberg, 21, in search
      UPI  -  313 words
    • 454 13  -  By BRIAN MILLER TRAINER Malcolm Thwaites, who has in his yard some of the classiest horse flesh in the region. appears to have stumbled upon another potential moneyspinner in a chestnut called He's Da wan. Just turned four, the Ameri-can-bred by Coulee Man
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    • 440 13  -  By WALTON MORAIS INTERNATIONAL GOLFER M Balraj yesterday won his fourth amateur title of the season but the victory was clouded by what he saw as an unnecessary incident. The 25-year-old romped to a 12-stroke triumph in the 54-hole Sembawang club championship but cancelled the celebrations.
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    • 543 13 AP A DEVASTATING PERFORMANCE by Nick Faldo and lan Woosnam helped Europe expand its lead to five points over a struggling US team on Saturday going into the final round of the Ryder Cup matches. The Europeans, seeking their first victory on American soil
      AP  -  543 words
    • 226 13 AP DAVID EDWARDS tamed the gusty, tricky winds of Texas with a 7-under-par 65 on Saturday to take the third-round lead in the US$4OO,OOO South-west Golf Classic. Edwards came from five shots off the pace to take a 1-stroke edge with a
      AP  -  226 words
  • Page 12 Advertisements
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      960 words
    • 197 12 t Londorf ~,,,,,fc" J!\ s =FnHWirtV France at The Belvedere The Belvedere's French buffet luncheon. An incredible seleaion of more than 60 authentic favourites, from now till October 30. It's as good as being in France! 12.00 to 2.30 pm daily. Adult: $31/ Child: $15 Prices suited to /0% sentce
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  • Page 13 Advertisements
    • 242 13 [_>]">`<&|"{`%|^~,+=+\@}<.|==|" übertus (|)rill 13 &> •>W r 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, truftles. fortes ...cheese board, fresh fruit...freshly brewed coffee All for $18 50 And for $26 50 you can
      242 words
    • 233 13 o Spectacular views from atop the world's tallest hotel. At the Restaurant, choose from Continental cuisine. Or unwind at the Bar with specialty cocktails and snacks. Restaurant: 12pm 2.30pm, 7pm 11 pm. Bar: 1 lam lam. Seafood Buffet Lunch: Mon Fri. 70th Floor, YVestin Stamford. Reservations: 338 8585 ext. *****
      233 words

  • MARKET REVIEWS
    • 5504 14  -  f Singapore 9 By CORRINA LIM IT WAS ANOTHER WEEK of subdued trading on the Singapore stock market as investors generally stayed on the sidelines. Last Monday, the market opened with share prices sinking across-the-board on spillover selling pressure, causing the Straits Times Industrial Index
      5,504 words
    • 342 14 K.Lumpur 4 MBT BULLS AND BEARS tussled for control on the Kuala Lumpur stock market last week and share prices ended mixed. Double-digit two-way price changes were registered. Although bulls dominated trading on three days and bears emerged winners on two days, the New
      MBT  -  342 words
    • 218 14 AFP AUSTRALIA'S share market softened last week amid selective post-budget prof-it-taking by foreign investors, though gold stocks enjoyed patchy attention. Brokers said that after a week of booming market conditions prompted by Treasurer Paul Keating's near-balanced budget, followed by renewed optimism in financial markets and lower
      AFP  -  218 words
    • 686 14  -  Week ended Sep 25 compiled by JULIANA TAY SCRIP ISSUES Kentucky Spore: Offer of $18m 8% unsecured loon stock 1987/99 with detachable TSR of $1 nominal loon stock for every ordinary share. Kg Lanjut: Proposed share split of $150 par into shares of $1 each
      686 words
    • 343 15 f== Ipn Tokyo I rr*'i M. 4 AFP TOKYO SHARE PRICES advanced during the holiday-short-ened week, with steel stocks leading the way. The Nikkei Average, a modest 16.57-yen winner the week before, advanced 637.95 yen to close on Saturday at 25,512.79.
      AFP  -  343 words
    • 172 15 NMB Bank AFTER a lacklustre start, the Amsterdam stock exchange recovered for a short period on Wednesday as a result of the record increase on Wall Street. The ANP/CBS index closed the week at 308, down two points from Monday. Turnovers were moderate at about F4OO million
      NMB Bank  -  172 words
    • 1224 15 Hang Seng Index soars 190 points to new record j I Hongkong DBS Securities HK STOCK MARKET investors went on a buying spree last week, sending the Hang Seng Index soaring 190.15 points to a new peak of 3,840.11 on Friday while daily turnover averaged
      DBS Securities HK  -  1,224 words
    • 748 15  -  y-" jpnal London From RAY HEATH DETAILS of Britain's share sale of the century, the disposal of the government's residual holding in British Petroleum were unveiled last week. They will have investors large, and particularly small, domestic and foreign,
      748 words
    • 206 15 UBS THE Zurich stock market began last week in hesitant mood, with prices just holding up. Early in the week, investors were restrained and there were few buying orders. By mid-week the US market's rally had become infectious and Zurich reached up to a new
      UBS  -  206 words
    • 564 15 ■f!i ew A FT THE US STOCK MARKET staged a spirited rally last week. The bulls, who have been grubbing for a floor to stock prices throughout the month-long market decline, thought they had found the bottom on Tuesday. They bought
      FT  -  564 words
    • 385 15  -  By SHIRISH NADKARNI FOR A FULL calendar week, starting from the morning of Friday Sep 18. and ending last Thursday evening, the Bombay Stock Exchange ring bore a deserted look. Brokers, who carried out their threat of an indefinite boycott, were finally persuaded to
      385 words

  • Page 15 Advertisements
    • 743 15 Cold Storage Holdings RL.C. (Incorporated in the United Kingdom) The Directors announce the unaudited results for the six months ended 31st July 1987 as follows: Turnover Operating profit/(loss) before depreciation Depreciation of fixed assets Operating profit/(loss) after depreciation Investment and interest income Interest expense $*000 160,671 13,585 THE GROUP 1986
      743 words

  • COMPANY NEWS
    • 580 16 ■mm™* By HOCK LOCK SHEW Liong buying thr£v of Teck Puat's Sinjaftotf yotels for a price of $770 milßortfYit Jm price the seller dorr>iWtfj| $770 million, "not a raiflioflJWt not even a cent m>} i[ is not the renowned fcfllLiem
      By HOCK LOCK SHEW  -  580 words
    • 310 16 Bernama ES ENCOURAGE!) ftYft tie signing of two technical agreements with aMfiftomo Rubber Industries and iMlqp Holdings PLC. during the yy; Dinlop Malaysian Industries is looking to the future #ftn confidence and optimism. 9 t Chairman &ttuk k seri Syed Nahar bin Syfd Sfteh Jtiahabuddin,
      Bernama ES  -  310 words
    • 173 16 Bernama ES THE KUALA Lumpur Stock Exchange (KLSE) has decided in principle to scrap the Msso-million standby credit facility. The decision was made at its Extraordinary General Meeting (EGM) held last Saturday. KLSE committee member Mr Tey Ghee Kok, in a statement issued after the
      Bernama ES  -  173 words
    • 208 16 UNITED INDUSTRIAL Corporation and First City Holdings have agreed on a new date for the completion of the former's takeover of First Capital Corporation. The original date for completion of the deal was Sep 27. However, approval from the Stock Exchange of Singapore for
      208 words
    • 446 16  -  Signing expected by Sep 30 By ELAINE KOH PROMET BHD and its creditor banks are expected to sign documents by Sep 30 to put into effect the marine and property group s long-drawn debt restructuring plan. The banks have been poring through
      446 words
    • 510 16 FOOD GROUP Cold Storage Holdings PLC, now controlled jointly by Wattie Industries and Fraser Neave, has just ended a profitable first half with a dou-ble-digit growth in earnings. For the six months ended July 31, 1987, group pre-tax profit rose 13.6 per
      510 words
    • LATEST RESULTS
      • 203 16 plantation and trading group Boustoad Holdings has reported a pre-tax profit of Mslo million for the year ended June 30 1987, down 54 per cent from the previous year's $21.89 million. Turnover fell five per cent to $307 million from $325 million. However, the group suffered a loss of
        203 words
      • 126 16 has recorded an audited group pre-tax profit of M$7.73 million for the year ended June 30 1987 against $8.76 million previously. Turnover rose six per cent to $42.53. Net profit was $3.65 million against $4.30 million before. Although the company improved slightly on its operating profit, higher transportation
        126 words
      • 89 16 group pre-tax loss totalled $2.9 million for the year ended June 30 1967 ($4.9 million loss previously). The loss after tax amounted to $3.2 million ($4.9 million). Turnover was $9.3 million (15.9 million). Directors do not recommend a dividend. The company said that the results reflected the difficult
        89 words
      • 97 16 tates' group loss before tax totalled M$412.000 for the half year ended June 30 1987 (loss of $102,000 previously). The loss after tax amounted to $492,000 ($165,000 loss). Turnover totalled $5.8 million ($5.9 million). The estate in West Malaysia earned an increased profit but this was offset
        97 words
      • 116 16 group pre-tax profit was $10 million for the year ended June 30 1967 ($10.1 million previously). Turnover amounted to $55 million ($43 4 million). The profit after tax came to $5.44 million ($5.92 million). Directors have recommended a gross final dividend of 10 per cent. Despite lower average palm
        116 words
      • 223 16 unau- dited group pre-tax profit for the firs half year ended June 30 1967 of $4.73 million ($1.05 million previously). Turnover at $27.57 million ($25.66 million). Investment and other income of $459,000 ($843,000). No mention of interim dividend. The parent company rebounded with a pre-tax profit of $774,000
        223 words
    • 868 16 il Ex dale Books doM i! Total tor the yew Total tor last jresr A Enterprise* «%l Sep 25 Oct 9 Oct 27 4% 5% Ayer Hitom Rub I7)4%tbl Oct 8 Oct 23 Nov 23 17)4% 15% Roto 8%l Sep 1 Sep II Sep 26 8% 20% Bedford
      868 words
  • Page 16 Advertisements
    • 217 16 ]l\ J.uL* %wm *4* 4* j.AJ* •&V d&s .jF rJ 3 1 %&3 a A National Conference On Telecoms '87 DATA COMMUNICATIONS IN NATIONAL DEVELOPMENT Keynote Address by YB Datuk Leo Moggie Energy, Telecommunications Posts Venue: Ballroom, The Regent of Kuala Lumpur 4* Conference will address strategic issues like: Telecommunications
      217 words

  • WORLD MARKETS
    • 960 17 New York Reuter STOCKS CLOSED slightly higher last Friday as many investors stayed on the sidelines prior to the G-5 and G-7 meetings at the weekend. Trading was cautious due to concern that the meetings could produce an agreement to lower the dollar's trading range and thus
      Reuter  -  960 words
    • 983 17 London SHARE prices on the London market last Friday were close to the day's highs in fairly quiet afternoon business in a reaction to Thursday's sharp losses on worse than expected UK trade and current figures for August, dealers said. By 1410 GMT the FTSE 100 Index
      983 words
    • 516 17 British airways Reuter BRITISH AIRWAYS PLC is poised to capture a large share of the growth in international air travel, which should drive earnings higher, say analysts. The airline, which has slashed costs, added new planes and strengthened its finances, returned to profitability in 1983
      Reuter  -  516 words
    • 1201 17 Amsterdam 9CP H PL# ABN 46.00 -0 2 Aagon 86 40 -0.2 AhoM 104 40 +0 6 AJuo 176.90 +1.2 Alranta AMEV 99 90 0.9 Amro Bank 93.00 0.9 Barkal 12 60 -0 5 BOLS 139 10 -2 9 Boraumi| 122 -0.5 Byahrman Taflaroda 63 20 0 5 Calv* 930
      1,201 words
    • 577 17 Last minute hitch in C W's Tokyo telecom bid BRITAIN'S Cable and Wireless group appears to have run up against last ditch resistance to its bid to break into Japan s lucrative international telecommunications market. A director of International Digital Communications Inc (IDC), one of two groups set up to
      577 words
    • 455 17 UPI BRITISH PETROLEUM has set Oct 28 as D-day for people wanting to buy shares in the biggest government sell-off ever seen. Already, 4,500.000 people have registered priority applications for early stakes. The Australian Fai Insurance Group warned it will block any sell-off
      UPI  -  455 words
    • 142 17 FT DEUTSCHE BANK of West Germany, the institution which a year ago was asked to place US$2.l billion of Fiat shares sold out by Libya, still has around US$55O million worth of the shares on its books, according to Mr Gianni Agnelli, the Fiat chairman.
      FT  -  142 words
  • Page 17 Advertisements
    • 208 17 SINO INDONESIA TRADING COMPANY (PRIVATE) LIMITED (Incorporated In Iht Rapubiic of SlnQiporv) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN tint pursuant to Section 306 of the Companies Act Cap, 50 the Final Meeting of Member^of the Company will be held on Thursday 29th |October :jB7 at
      208 words
    • 412 17 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. SO and IN THE MATTER OF SINGMA TIMBER CO PTE LTD (In Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of SINGMA TIMBER CO PTE LTD. duly held and convened at 36 Phillip Street #02-00, Singapore
      412 words
    • 468 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 EKARIA JAYA PTE. LTD. (Members' Voluntary Winding Up) NOTICE IS HEREBY GIVEN In pursuance of Section 306(1) of the Companies Act Cap. 50, that a final general meeting of the abovenamed company will be held at the office of Lee Yeok
      468 words
    • 455 17 THE COMPANIES ACT, cap. so TRISARY ENGINEERING PTE LTD (In Voluntary Liquidation) SPECIAL RESOLUTIONS PASSED ON 22 SEPTEMBER 1987 v. At an Extraordinary General Meeting of the' company held at 561-C Bal- estier Road, Singapore 1232 on 22 September 1987 the following Special tlons were passed:- (a) That Trlsary Engineerlng
      455 words

  • 780 18  -  Trend reflects links between education and trade By ANNA TEO BRITAIN'S hallowed halls of learning have lost out to the Ivy League and baseball campuses at least in their share of Singapore students. Almost two in three Singaporeans headed for overseas studies now
    780 words
  • 292 18 AUSTRALIA appears to have stopped giving new awards under the Colombo Plan scholarship scheme. There has been no new award from Australia this year and last, compared with six in 1985. Singapore, however, is continuing to award scholarships for training in fields
    292 words
  • 421 18  -  By LEE HAN SHIH IN ONE WEEK, home buyers and investors snapped up 30 per cent of the units in an East Coast condominium being built on the site once occupied by the house of tycoon Robin Loh. Twenty-one units
    421 words
  • 125 18 Bernama FORMER Malaysian prime minister Tunku Abdul Rahman yesterday criticised Muslim fundamentalists whom he said wanted to make Malaysia an Islamic state without giving due consideration to its multi-racial population. Me reminded Muslims not to break the pledge made with the other races
    Bernama  -  125 words
  • 84 18 UPI PALESTINE LIBERATION Organisation (PLO) chairman Yasser Arafat said in remarks published in Abu Dhabi yesterday that he would discuss with Moscow the possibility of convening an international peace conference on the Middle East before a superpower summit scheduled for November. Mr Arafat told the
    UPI  -  84 words
  • 276 18 UPI IRAQ yesterday claimed that its warplanes had attacked three more tankers in the Gulf, bringing to five the number of vessels Baghdad said it hit in 36 hours. Iran did not retaliate in the waterway, however. The latest Iraqi claims came as
    UPI  -  276 words
  • 349 18 THEY MAY not live in River Valley but they do business, worship, or hold clan meetings in the constituency. And so it was that hoteliers, retailers, representatives of commercial, religious and clan groups turned up to greet Brigadier-General (Res) Lee Hsien Loong at the
    349 words
  • 243 18 CIPHER DATA Products International AG is the latest multinational corporation to join the Local Industries Upgrading Programme (Liup), a scheme sponsored by the Economic Development Board to improve the capability of local suppliers. The American tape drive maker, which has sunk $13.8 million into a
    243 words
  • 135 18 AFP THE INDIAN GOVERNMENT yesterday announced a US$39O million boost in export earnings from East Asian countries. A government statement said the US$l.97 billion earnings marked a more than 100 per cent rise in exports in the region during the past six
    AFP  -  135 words
  • 348 18 Business "TO AVOID or reduce competition with the private sector" as a public sector objective has certainly been welcome news to the private sector. It is suggested that between the Economic Committee's report. in which the need for reducing competition is noted, and
    348 words
  • LATE FILE
    • 59 18 AFP TWO TAIWANESE journalists who visited China in open defiance of a ban on contacts with Beijing, flew home yesterday and the government said they faced a possible three-year jail sentence. Hsu Lu and Li Yung-Teh, along with the publisher of the Independence Evening Post.
      AFP  -  59 words
    • 39 18 AFP A LEADER of the Chinese community in Western Australia has appealed for calm in the face of an anti-Asian campaign in Perth. The campaign is being waged by the Australian Nationalist Movement. AFP
      AFP  -  39 words
    • 30 18 Reuter FIGHTING broke out yesterday between Philippine troops and communist rebels near Manila and initial police reports said three government soldiers had been killed. Reuter
      Reuter  -  30 words
    • 37 18 AFP FORMER Japanese Foreign Minister Shintaro Abe formally announced yesterday his intention to run for president of the ruling Liberal Democratic Party and by extension, prime minister of the country. AFP
      AFP  -  37 words
    • 35 18 Reuter INDIAN troops fired at stonethrowing Tamils in eastern Sri Lanka yesterday, wounding two people in renewed violence after the hunger strike death of a young Tamil guerilla. Reuter
      Reuter  -  35 words
    • 37 18 Reuter TURKISH Prime Minister Turgut Ozal's conservative Motherland Party has a big lead over its rivals ahead of Turkey s Nov 1 general elections, according to an opinion poll published yesterday.
      Reuter  -  37 words
  • Page 18 Advertisements
    • 109 18 Good Basis For Business At Interfama Fairs Edu-Aid Asia 22 25 Nov'B7 International Exhibition on Educational Aids and Skills Training Equipment Hyatf Regency SINGAPORE B—lo Dec'B7 International Exhibition Conference on Water Technology Hyatt Regency SINGAPORE 31 Jan!-2 Feb '88 The First International Gas Conference for the Asia Pacific Region Hyatt
      109 words
    • 178 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. Asean Finance Corporation undergoing major revamp to increase its effectiveness. 2. New SES system gets mixed reception —BT takes a look at the new Stock Exchange of
      178 words

  • SHIPPING TIMES
    • 424 19  -  By G DURAIRAJ ASEAN ship operators seeking to deploy their tonnage in regional waters will have to contend with cabotage provisions of various countries and competition from deepsea operators. This view is reported in a recent analysis of the intra Asean maritime
      424 words
    • 106 19 AFP THE ASIAN Development Bank (AOB) said it had approved loans of US$B7.6 million to India to improve port facilities in Calcutta, Cochin and Madras. The Indian project is estimated to cost US$l3O million and is expected to be completed in 1990, the
      AFP  -  106 words
    • PORTSIDES
      • 132 19 Reuter MEMBERS of the Baltic International Freight Futures Exchange (Biffex) have agreed at an extraordinary general meeting to transfer its assets and join the new Baltic Futures Exchange (BFE), a Biffex spokesman said. It joins the Soya Bean Meal Futures Association (Somfa) which voted
        Reuter  -  132 words
      • 90 19 THE SLOT charter agreement between the Shipping Corporation of India and the Cobra consortium has been shelved. The pact was reached after lengthy discussions at the beginning of the year. The split has been caused partly by the growing importance of the US trade
        90 words
      • 134 19 GOVERNMENT officials and members of the Norwegian Shipowners Association will visit Japan next month to persuade its shipowners to switch to the Norwegian International Ship Register. Of particular interest will be those vessels which Japanese owners have placed under the flags of convenience. Before
        134 words
      • 122 19 AFP HALF of the 32-man crew of a Spanish oil tanker, the Carro Colorado, currently sailing in the Red Sea have refused to sail into the Gulf, the maritime radio station Onda Pesquera Ser reported in Madrid on Saturday. The radio, which said
        AFP  -  122 words
    • 790 20  -  By KINGSLEY WOOD PREPARATION, building and positioning a floating resort on Australia's Barrier Reef marine wonderland is a monumental task. It involves no less than 90 organisations, complying with the exacting demands of a myriad of local regulations and international conventions, and gathering materials from
      790 words
    • 913 20 AB Shpg V s ABC Container VNI 1 Accord Shpg VI 3 Ahrenkiel liner XI 1 Afrtco Oceon IX 4 AHtrons VII 3 AC Toepfer XI 5 Americon Tp« XII 2/3 Anro Service IV 2/3 Arrow lines IX 5 Anon Oceon VI 3 AHcs line X 5
      913 words
    • 1369 20 FREIGHT rates tor grain chartering out of ttw US Guii appear to have staged a partial racovary on Thursday, with US$l6 reported paid tor tha voyage to Japan compared with tha Baltic sub-index of $15 525. shipbrokers said Grain from the Guff to China received $23 50 against
      1,369 words
    • 246 21 AP NEW OR TIGHTENED rules governing the protection of seafarers worldwide are to be adopted at a conference of the International Labour Organisation. The aim is to strengthen and adapt often decades-old ILO standards on welfare at sea and in port, social security,
      AP  -  246 words
    • 217 21 Reuter WORLD LAID-UP tanker tonnage fell fairly sharply in August to 12.33 million tonnes dw (140 vessels) from 14.71 million (156) at the end of July, Lloyds of London Press said. The latest total included 16 vessels of 200,000 to 299,999 tonnes dw aggregating
      Reuter  -  217 words
    • 285 21 AFP THE FIVE-DAY seminar on the International Convention for the Prevention of Pollution from Ships (Marpol) has ended with a call on member states of the International Maritime Organisation to ratify the Marpol conventions of 1973 and 1978. In a resolution adopted
      AFP  -  285 words
    • 171 21 Reuter SHIP ENGINEERS on Canada s Great Lakes are set to walk out today but shipowners involved in the contract dispute said they will be able to operate despite the strike. "They intend to continue operating their ships," said John Hutchinson,
      Reuter  -  171 words
    • 8712 26 aeaßpgEß 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
      8,712 words
    • 1116 27 AT CONVENTIONAL WHARVES Pu Jong j| 2 alongside 28 09/1830 Ratanokorn J3 alongside 28 09/0000 Vaasel Bartti Arrival Departure Aolio Seroyo J2 2809/0500 29 09/2300 KEPPEL WHARVES Cahoya Kembung J2/3 2809/0000 2809/2300 Caly K15 alonm,H« Yino/rvm Delima 121 J12 28 09/1900 29 09/0600 Ko.a Bokti K31 along
      1,116 words
    • 1983 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 Oceanus Shipping Agencies (S) Multiport Sdn Bhd (PK). Alltrans Alltrans Express. American President Lines
      1,983 words
    • 298 30 Lloyd's List CREDITORS of Scindia Steamship Navigation Co Ltd, which has liabilities of more than Rupees 2 billion (US$l52 million) have been invited to a meeting to Bombay to consider a debt moratorium proposal. The meeting, scheduled for tomorrow, is the latest attempt to
      Lloyd's List  -  298 words
    • 293 30 SALES for ongoing trading included the following: Brazil Star the 183,526-dwt motor ore/oiler built 1972, was sold to a Norwegian concern for about U5510.25 million; Koutouriotism the 104,447-dwt motor tanker built 1968, was sold to an unnamed interest for about US$4.l million; Sltofco Mam there are unconfirmed reports that
      293 words
  • Page 19 Advertisements
    • 594 19 How S.K. Asia upset the logical West HILARIOUS TRAGIC dangerous. i)j Mi; [Jj Available at all *i fW\\ I Good Bookshops OOCL OiyENT Oveiqeas Goalaum Line NORTH AMtRICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING^ I NBPTUWE JAM OMENTAL FAIR RAINBOW BRIDGE NEPTUNE GARNET ORIENTAL FREEDOM ORKNTAL FAITH yjj NEPTUNE JADE
      594 words
    • 101 19 «DB PREPARATION, building and positioning a floating resort on Australia's Barrier Reef marine wonderland is a monumental task. Page II NEW OR TIGHTENED rules governing the protection of seafarers worldwide are to be adopted at a conference of the International Labour Organisation. P««« 111 CREDITORS of Sdndia Steamship Navigation Co
      101 words
    • 449 19 Avwtabi; X »li Good Bootrsftopt Published by Cambridge University Prms. UK STP Distributors r»m#s Pubkihmg Group TfiOO>* r CONTAINER DEPOT NOW LOCATED AT: 2S PIONEER SECTOR 1 SINGAPORE 2X62 TEL: *****60, 8****** (we! 28.9.87 all empty containers will be released/received at our new depot) Th« week Plantm Clewing Tun* CY
      449 words

  • Page 20 Advertisements
    • 540 20 o*3 COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT actepting cargo to all U.K. destination*. Scandinavian (Aarfcus, Copenhagen. Gothenburg) and other European Inland pointt ft Watt African Ports. EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17
      540 words
    • 17 20 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 454 20 C SAV Ccrrpomj Sud Americana do I'jpores S J C- -.it J 3H3S TO/FROM CHILE FEEDER VUS£L SPORE MOTHER VESSEL HK ARICA KN AMTOf VALP SAJ CSAV 1 MO A VESSEL 14/ M 6/12 j/i» ti/n un< CSAV 2 15/10 CA* CARRIER W J(tok not) VESSEL CARGO FOR PUNT A
      454 words

  • Page 21 Advertisements
    • 1129 21 The Straits Steamship Group Mansfield Container Shipping Pte Ltd CONTAMERSHP SERVICE TO UK/CONTMENT: DC/Vpi Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok INERSHIP SERVICES TO/FROM BANGKOK PEGASUS PROCRESS PEGASUS RROGRESS LARGS BAY HONG KONG EXPRESS CARDIGAN BAT SENA VON TOLAGA SAY TOKIO EXPRESS KOWIOCf" MY FRANKFURT
      1,129 words
    • 692 21 NYK announces faster and more versatile trifold service from Singapore/Jakarta iromsinga to the USA. NYK takes another big step forward in providing faster and superior service between Singapore/ Jakarta to Los Angeles/Seattle and to Chicago/ New York. Take advantage of this speedy schedule to lower your costs and increase i
      692 words

  • Page 22 Advertisements
    • 253 22 SE Hapag-Ltoyd 0 \j CONTAINERSHIP SERVICE TO UK/CONTINENT ALL UK INLAND DESTINATIONS. BELFAST. DUBLIN COPENHAGEN. AARHUS. GOTHENBURG MALMO. HELSINKI. OSLO. AMSTERDAM CARIBBEAN I S AMERICA CONV/SEMI-CONTAINER SERVICE TO EUROPE S PORE H BURG ROAM A WERP IMMINGHAM IVIO 11/11 1/11 19/11 15/11 CONV/SEMI-CONTAINER SERVICE TO MED EUROPE SP PK PEN
      253 words
    • 697 22 ][£.£>. LINE lei: \fU ULLY CONTAINERISED SERVICE $»IA SMieflHt C EUROPE VIA SUEZ ,h *ce Consortium ALSO CALLING ANTWERP VIA ROTTERDAM PKELANC CTRS VIA FEEOf* VESSEL [prom [JROPE VIA SUEZ J Member ol the Act Consortium S port H Kong Kaoshiung Buun Tokyo Oukj 10/10 1310 17/10 20 10 24/10
      697 words
    • 379 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 HONG KONG BANGKOK KEELUNG/KAOSHIUNG MANILA BUSAN TOKYO/YOKO 30/9 5/10 6/10 11/10 3/10 10/10 4/10 11/10 30/9 5/10 8/10 15/10 30/9 5/10 _LCL FCL I ETA
      379 words
    • 1378 22 Ej WtzvSi EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) euro ri qdc H f c KSC RLC 1,05 TYO KSN EVER GLOBE 2/10 S/10 JIIS 9/10 EVE* CCNTLE 7/10 11/10 13/10 15(10 9. EVER GENTRr IS/10 It/10 20.10 2210 i M r«S 21/10 25/10 27/10 WM an m m
      1,378 words

  • Page 23 Advertisements
    • 801 23 PACIFIC INTERNATIONAL LINES W\ PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE I PASIR GUDANG CONTAINER SERVICE RED SEA/EAST AND WEST AFRICA SERVICE CHINA SERVICE BANGKOK SERVICE INDONESIA SERVICE 1 VESSEL KOTA PELANGI VOYAGE SINGAPORE 14/17 27-21/10 BANGKOK 1-4/11 VESSEL KOTA
      801 words
    • 638 23 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Urp by Honftonf Eiprau Cardipn Ray Ranaror Tolap Bay Takio Eiprau Kowioor lay Frankfurt Eiprau Ouna lay Kitano Maru Larp Bay EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARitf) TO/FROM PENANG AND EAST MALAYSIAN PORTS (KJJEBSEN LINE NEW ZEALAND TO
      638 words
    • 655 23 DJASAGETRI A Joint Europe Service Of: P.T. DJAKAHTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TMKQRA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VESSEL/VOY CANDA GAMA 19WB MATARAM/19WB S PANJANG/17WB GANDA BHAKTI 19WB KUTAII3WB ANTWERP BILBAO BREMEN A DAM/R DAMH BURG 11/11 16/11 23/11 J/11 Wll U/ll Vl2
      655 words
    • 481 23 BOUSTEAD SHIPPING AGENCIES HTONEYWA V227W PAGAN VUBW •SAGAING VlO loading for Europe BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 23/2S Sept ***** Sept 2S/26 Sept In Pt,75 Sep BANK LINE EXPRESS SEMI-CONTAINER SERVICE NORTHBOUND TO UKC CLYDEBANK V2IN FORTHBANK V2ON TAMAITAI SAMOA
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  • Page 24 Advertisements
    • 1389 24 V K"UnE SHIPPtnG-DflTfl flTLflnTkC COAST (Round-The-World Service) •PK/PNG SPORE LB I NEPTUNE JADE V 9 Sid 2 Oct 24 Oct ORIENTAL FAIR VS 3 Oct 9 Oct 31 Oct •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSL LA/LB OAK CHICAGO NEW YORK NEPTUNE JADE V 9 Sid 2
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    • 675 24 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* P Kdtnf llmer Vtuol S port IMb Freni Syfln Alio Accept* CHANDiDAS' VJ7 S*M 110 Oct 19 Oct 17 Oct AM/Brn I -RA¥IOAS- *.36 20 Oct I 5 14 Nov 12 Nov Aflol'Brß INDIA EXPRESS CONTAINER SERVICE NIZOf AM V 43 A VESSEL
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    • 771 24 7sT7 golden line 3>tV GUHN GUAN SHIPPING (PTE) LTD 23 IM »yr Street SMUPOK 0104 m S34JWI <11 UKJ) Fa* STRAITS/PERSIAN GULF SERVICE: Spon P Keian|Ponan| GOLDEN HARVEST Colomtio/Kerachi/Duliei In Port GOLDEN HAVEN Cotombo/KaraclWDubai IVW Oct CHINA SERVICE A VESSEL Hsinkang/Shanfhai 29/30 CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S
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    • 541 24 PHIU on I (NT LIN €5 PT€ LTD HEAD OFFICE 63 ROBINSON ROAD «07 1? AFRO ASIA BUILDING SINGAPORE QIC 6 TELEX RS 237?0 PHMI FA* ??***** \SS EAST AFRICA MEDITERRANEAN SERVICE UKEUROPE SERVICE JEURO USA SERVICE LDN. F STOWE. S TON. TILBURY. ABERDEEN LE HVE H BURG R DAM.
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  • Page 25 Advertisements
    • 1065 25 VlB K Luroo NEPTUNE ORIENT LINES LTD ST. NEPTUNE AGENCIES PTE LTD. Ft EU/AUST TPA/SIA Ttrminal CFS BOOKINGS *****53 27K742 *****22 *****53 *****19 *****16 *****11 *****41 NEPLINE SON BHO. 360M7 MCPIIMCCnM Dun mmi ENQUIRIES 27«,W4 NEPLINE SDN. BHD. 36MM7 NEPLINE SDN BHD *****33 19 NEPLINE SDN BHD *****5/*****0/*****1/*****2 NEPLINE SDN
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    • 504 25 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON Vmml i Nam* No I Donam 707N Gloria 71SN M. Enterpri»e7l3N No 7 Donam/707N No 9 Donam 707N No DN 710N No I DN 70»N S'pora In Poet 30/09 In Port 05,10 15/10 11/10 27/10 P
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    • 618 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 p a «uNc S S,NSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** MfS HANDLING SYSTEM CO SON BHD MESSRS*HAI THONC SNIPPING 177 o— o_ swbss sdn smo
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    • 20 25 LCL/FCL TO sS 5/10 Also accepts LCL/FCL to other destns. FREIGHT MANAGEMENT: SINGAPORE TEL *****11 (15 LINES) BANGKOK TEL 253*94-5
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  • Page 26 Advertisements
    • 377 26 SINGAPORE SHIPPING ■*s®r CORPORATION (PTE.) LTD. TEL 225 6868 >30 Lines- FAX *****39 *****76 TUEX RS ***** A B SSCMA RS ***** A B SSCAO 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, Istanbul,
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  • Page 27 Advertisements
    • 261 27 k IST CI ASS CONTAIN! K TNANSf'OWT Scan Dutch? TO EUROPE (UK-NORTH CONTINENT-SCANDINAVIA) WEEKLY FEE OCR VESSEL B. Butanc/K Bhum 8. Butanc/K. Bhum B. Butanc/K Bhum B. Butanc/K Bhum B. Butanc/K Bhum >) H'SURO 4) Q'SURQ 11/10 Ui'io 25/10 27/10 1/11 2/11 l/U 10/11 15fll 1(/U TO RED SEA EAST
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    • 1217 27 INTRANS DISTRIBUTION SERVICES PTE LTD Tel: *****33 Tlx: RS ***** Fax: *****79 OUTBOUND: BANGKOK ALSO PROVIDING CONSOLIDATION SERVICES TO: HONGKONG ROTTERDAM. USA (FCL LCL) FROM: FELIXSTOWE ROTTERDAM KOBE TOKYO ids P.T. TYTYAN SAMODRA SHIPPING COY BATAM Vessel POH AIK 12 Sailing KEMIT DUMAI RUMBAI Vessel KEMIT Sailinc Every Monday Every
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  • Page 28 Advertisements
    • 504 28 FINK-IJNKR SHIPPING PTK LTI) l\ 70 Shenton Wty. 04 0?C Mtrin.i House S pore 0?07 TFL ??W077 (6 Lines) TIX RS ??W1 FIINFR FAX ??S?B% EUROPESERVICE urn D223H 8582 C C3C2H FAR EAST SERVICE MIDDLE EAST GULF SERVICE SPOI,E I"0 DtJI SHJ *06 OAM KWT BAM (KM* 110 1410 11/10
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    • 547 28 ZIM FULL CONTAINER SERVICE accepting FCULCL cargoes to USA East i West Coast. Carribbean.East Canada. HAITI, Port Au Spain. Barbados N ST. LUCIA 323 n* 2i* in* iih 'iWi'iia^TaTrmTi IM KEELUNC IM NEW YORK IM NEW YORK IN IBERIA AUSTRALIA CONTAINER SERVICE VESSEL Z M BRISBANE ZIM PIRAEUS ZIM EILAT
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    • 693 28 c muuuaj, ac|/iciuuri IJO Everett Unesj COMPANIA PERUANA DE VAPORES K "PERUVIAN STATE LINE" I 5. LOADING FOR CALLAO. MATARANI, ILO* AND ALL OTHER K PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON 5 CPV THROUGH BILL OF LADING TO FINAL DESTINATION. m Penang* P Kelang* Singapore 6 HUGHEVERETT Gdn K27/29
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  • Page 29 Advertisements
    • 80 29 Hamburg West Germany Tiger Line CALCUTTA MADRAS CHITTAGONG PRELUDE V 4 25 SEP SCHWABENLAND V 5 6 OCT LOTTE SCHEEL V 25 5-6 OCT 11-14 OCT 17 OCT PRELUDE V 6 8-9 OCT 14-1 BEN LINE AGENCIES (S) PTE. LTD. Telephone: 225 3522 Telex: RS ***** ahrenkiel liner service CONTAINER/BREAK
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    • 136 29 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI OTHER PORTS Etd. S PORE Etd. PKLG WEEKLY SAILINGS SINGAPORE AGENTS. RAPID SMPPHO PTC LTD TEL: *****44 TLX: ***** PKELANG/KLUNPUR AGENTS: FORTRAMB SERVICES V*. TEL *****55/ *****57 CONSOLIDATION SERVICE FROM:
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    • 163 29 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA VESSEL VOY SINGAPORE JAKARTA PANJANG ETA ETO ETA ETD ETA ETD RATU 44-45 02/10 03/10 06/9 07/9 KONSORTIUM 46-47 09/10 10/10 13/10 14/10 48-49 16/10 17/10 20/10 21/10 PRABKATI 98-99 30/9 01/10 03/10 04/10 04/10 05/10 100-101 07/10 08/10 10/10 11/10 11/10 12/10
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    • 666 29 THE NATIONAL SHIPPING COMPANY Of SAUDI ARABIA Accepting Breakbulk. Ro/Ro, Containers t FCL Containers for Sharjah, Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA Also Accepting FCL Containers for Charleston. Miami, Tampa and US Inland Points. Agents VbS Singapore Malaysia: SEGANI SDN BHD KIM SHIPPING t TRADING PTE LTD SUBANG
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    • 462 29 nun MARITIME TRANSPORT MANAGEMENT PTE LTD CONSOLIDATION SERVICE BANGKOK MANILA HBG/ROTT ETA SPORE ETA SPORE ETA SPORE REGULAR E. MALAYSIA SERVICE LIAN SENG HIN 3 ETA/0 LOG For: 29/90 Sept Sandakan REGULAR SERVICE EVER SPLENDOR 5-10 Oct HK. Kaoshiung, Keelung CINCHONA 20-25 Sept Bremen, Rdam. Antwerp LA CHESNAIS 20-24 Oct
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  • Page 30 Advertisements
    • 458 30 WFARGO SHIPPING COMPANY (PTE) LTD regular express full container AND LCL SERVICE INBOUND AGENT FOR ABC CONTAINERIZE From USA/Canada/Europ«/Medlterranean Vil TNT EXPRESS E. HUDIG BRUSSEL ANTWEPPEN KgTiiifflinnrni EM BUM EM FRM 200 Cantonment Road #02-03 Southpoint Singapore 0208 Tel: *****22 (4 Lines) CPS (Import) K37 Tel: *****78 CFS (Export) EAL
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    • 561 30 BSM CALL US AT: 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 vsi SO GALLIA P.KELANC SINGAPORE Omit Omit I 0310 07.11 1410 I 1510 -TWI B PERMAI 397 377 JUTLANOIA 387 LOADING
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    • 758 30 OHRMAZD LALAZAR SHALAMAR PAKISTAN NATIONAL SHIPPING CORPORATION, KARACHI INDONESIA AND MALAYSIA-KARACHI AND MIDDLE EAST GULF SERVICE LOADING FOR KARACHI, DAMMAN AND DUBAI PAL PTK SBY TPRK KNTN PKLNG BE LA PNG I 25-27/9 28-30/9 3-4/10 5/10 6-7/10 9-13/10 14-15/10 17-19/10 26-27/10 28/10 29-30/10 R 24-25/10 26-28/10 30/10- 2/11 3-5/11 6-7/11
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  • Page 30 Miscellaneous
    • 158 30 Regional Weather Ps^ 7TT7I ex Sf 2\» NS >.V nV! C *WJ c cr* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30A.M.TH18 MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather ✓-V' Wind direction with ipeed in knots Rain Cloudy Sky W,v hri
      158 words