The Business Times, 21 October 1987
1987-10-21
1
26
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The Business Times
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Title Section11 1987-10-21 1 BUSINESS TIMES MCI (P) 112/12/86 WEDNESDAY, OCTOBER 21, IM7 75 CENTS11 words
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274 1987-10-21 1 THE LOCAL stock broking snd finsncisl community will not buckle under the pressure of the sharp falls in the stock market. This was the assursnce that Acting Prime Ministsr Goh Chok Tong received from Finance Minister Dr Richard Hu yesterday. Speaking to reporters274 words
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Article, Illustration405 1987-10-21 1 AMY BALAN - By AMY BALAN THE CARNAGE continues. More bloodletting was the order of the day throughout the world's stock markets yesterday as investors and fund managers, panic-strick-en, dumped their shares in the wake of Wall Street's precipitous plunge on Black Monday. The massive sellout in New York, which saw405 words
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384 1987-10-21 1 BT Comment WHILE THE WORLD'S money men go into shock following the worst global sell-off of equities, the securities industry in Singapore is breathing a sigh of relief that today is a public holiday. Nobody in Shenton Way has the stomach for384 words
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264 1987-10-21 1 Ramesh Chandiramani - by Ramesh Chandiramani WHEN MOB PSYCHOLOGY replaces commonsense and logic, the first instinct of investors is to throw intelligent analysis out of the window and react. In the stock market, that has meant selling stock at any and all cost. As264 words
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Page 1 Advertisements
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Advertisement131 1987-10-21 1 ns ***** CaM* "ALEXKO Thorn I;M1 Rentals You make the presentation, we'll handle the rest 100"Sony Projection System $800/ day. Ideal for seminars, conferences, and training classes. Also available. 45" screen at $400/ day. Multiple System Colour TV and Video Recorder For training and retail promotions. From $185 per package/day.131 words
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Advertisement329 1987-10-21 1 Business Times wishes all Hindu readers (f A j Happy DeephMl Leader, Page 10 ikbudb WATER CONSUMPTION in Singapore in the first seven months of the year reached almost 162 million cubic metres, up 5.6 per cent from the same period last year. HOME NEWS, Page 2 TRADITIONAL political virtues329 words
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Advertisement252 1987-10-21 1 ftjlelwani, exclusively male... MELWAINI 102 Wl5 Shaw Ctnti W *****42 102 23 Ptta Sngwn *****29 #01-26/27 SpKOfctt C**t, W *****54 "i nt rril 2nd IMI. Mffo Grand Scons V: *****63 BACK PAGE Latest Dow Jones SES unlikely to suspend trading Optimistic few at viewing gallery PAGE 7 Wide, reNef-coaster ride252 words
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HOME NEWS
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377 1987-10-21 2 LEE HAN SHIH - Commerce and industry sector leads rise in use By LEE HAN SHIH WATER CONSUMPTION in Singapore in the first seven months of the year reached almost 162 million cubic metres, an increase of 5.6 per cent over the same period last year, according to latest377 words
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Article127 1987-10-21 2 THE Member of Parliament for Bo Wen, Dr S Vasoo, will ask the government at the next available Parliament meeting which sectors are in greater need of workers and what the government is doing to help them. He is also asking for an update on the employment127 words
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Article79 1987-10-21 2 LOWER food prices, transport snd communication costs contributed to a slight drop in the consumer price index in SeptemThe index feH margihally bjrM 0.1 percent compared jitith Au- gust. Food prices declined by the same with cheaper pork, fruit and fish. But this was offset by deerer vegetables,79 words
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Article, Illustration183 1987-10-21 2 GEORGES QILLET has be«n appointed general manager of Gulf Bank KSC, Singapore branch. Mr Giltet was formerly with Societe Generate in Tokyo as senior treasury executive for the Asia-Pacific. In his new capacity, Mr Gillet will head the commercial, investment and private banking division together with the183 words
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375 1987-10-21 2 TWO VACANT theatres Yangtze Theatre in Chinatown and Straits Theatre in Woodlands town centre are up for sale at $5 million and $1.8 million respectively. Yangtze and Straits Theatres, which belong to a Malaysian investor, have been on the market since375 words
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364 1987-10-21 2 GENEVIEVE CUA - By GENEVIEVE CUA MORE THAN 10,000 copies of the world's only directory of flights, air fares and travel-related services will soon be rolling off Singapore's presses every month and finding their way into AsiaPacific markets. As a result of a364 words
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Article218 1987-10-21 2 Seminars and courses Oct 29-30 Business Communication 1 KsfWi MMS Consultancy *****68 lAsio) Pte ltd Oct 29-30 Improving Monogeriol Hilton Hotel Ernst ond *****77 Effectiveness Whinney Consultants i Pte ltd j. Oct 29-30 Shipping Liability, UlU/ui Uriel niiTOfi norfi Centre for *****22 Claims and Insurance Mo nogc w©218 words
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396 1987-10-21 2 OVERSEAS UNION Bank (OUB), which was admitted as a principal Visa member last month, ha* agreed to a tie-up with Chase Manhattan Bank in the marketing of Visa cards here. The arrangement will be on the same basis as an396 words
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Page 2 Advertisements
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Advertisement120 1987-10-21 2 Prompt pick-up and delivery 24 hours a day I I Daily departures to Taipei with immediate connections onwards to Honolulu. Thats in addition to daily flights to Los Angeles, three times a week to San Francisco, and three times a week to New \brk. A total erf seventeen luxurious 8747120 words
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Advertisement10 1987-10-21 2 Managers must manage. BT shows you f how every Monday10 words
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ASIA-PACIFIC
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338 1987-10-21 3 AP SOUTH KOREA'S main opposition party has decided to hold a party convention on Nov 5 to nominate its candidate tor the presidential election in Decem- ber. "The nomination convention can no longer be delayed," said r Kim Young-Sam, head of the main oppositionAP - 338 words
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107 1987-10-21 3 Reuter VIETNAM fired more than 1,000 shells in thrse hours at the height of a two-day attack on Chiness border gusrd stations and surrounding villsges, the New China News Agency said on Monday. The agency said Chinese artillery fired beck, dealing devastating blows sftsr thsReuter - 107 words
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Article192 1987-10-21 3 AFP TWO THAI paramilitary rangers were wounded on Sunday by mines planted by Vietnamese forces along Thailand's •astern border with Cambodia, Thai army officials said on Monday. One of the men was blinded and the other loet a leg in the Mast. Both were sentAFP - 192 words
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Article737 1987-10-21 3 ARRIVALS Operator jtrvKt numbor Local Ifcm From GtA SA u» SA SU SU THAI SAS MAS GU 9U SU su CAL GU SU SU GU SU su THAI CPA r" lOM V* MAS GU MAS SU THAI r Al SU SU SU t SU A-HOT F». MI737 words
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Article, Illustration480 1987-10-21 3 UPI JAPANESE PRIME MINISTER Yasuhiro Nakasone yesterday selected Noboru Takeehita, a ruling party elder and former finance minister, as his successor and ended two weeks of deadlocked negotiations among three leading candidates. "I feel very tense. I feel a heavy load on my shoulders," Takeehita, 63,UPI - 480 words
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277 1987-10-21 3 Reuter FORMER FINANCE MINISTER Noboru Takeshita, Japan's next Prima Minister, rose to the top by relying on the traditional Japaneae political virtues of self-ef-facement and deft manoeuvring. The diminutive eideet son of a sake (rice wine) brewer from northwest Japan. Mr Takeshita. 63.Reuter - 277 words
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Page 3 Advertisements
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Advertisement34 1987-10-21 3 The business person's choice, every Tuesday. Thursday, Saturday and Sunday Leaving Changi Airport at 22:05 hours and arriving Heathrow eorly the following morning. Call your Travel Agent or Air Canada at *****55. AIR CANADA34 words
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Advertisement127 1987-10-21 3 The Haworth comprehensive furniture system for the electronic office now and in the Kiture? at> s* r Getzhasgotit HAWORTH, FROM THE UNITED STATES. HAVE DEVELOPED FURNITURE SYSTEMS FOR THE ELECTRONIC OFFICE TO THE VERY HIGHEST SPECIFICATIONS WITHIN THE ES RANGE OF ELECTRONIC SUPPORT FURNITURE ARE MANY INNOVATIVE IDEAS. INCLUDING THE127 words
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REST OF THE WORLD
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Article, Illustration581 1987-10-21 4 Machine industry fails to provide support UPI THE SOVIET UNION'S nominal parliament listened to a barrage of criticism on Monday on failure to meet planned economic targets needed to make Mikhail Gorbachev's reforms a success. Mr Gorbachev. 56, briefly joined the 1,500 membersUPI - 581 words
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357 1987-10-21 4 Reuter KING BAUDOUIN of Belgium accepted the resignation of the country's centre-right coalition government on Monday after talks failed to resolve a language row. The king asked outgoing Prime Minister Wilfried Martens, 51, to form a caretaker government with a limited mandate untilReuter - 357 words
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295 1987-10-21 4 AFP THE WARSAW PACT countriee preeented a new peckage of proposals for talks on conventional arms reduction in Europe on Monday which was rejected by Nato negotiators, diplomatic sources said in Vienna, Austris. The peckage was rejected at bi-weeklyAFP - 295 words
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490 1987-10-21 4 Reuter YUGOSLAVIA'S Prime Minister Brsnko Mikulic called for higher taxes, wags and price restraints and easier debt repayments on Mondsy to rein in the communist nstion's soaring inflation and hugs foreign debts. Mr Mikulic told psrllament he would overhaul the country's taxation system, targetingReuter - 490 words
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208 1987-10-21 4 AFP NEW Unesco director-general designate Fedortco Mayor aaid on Monday ha would "do everything poaaibla to obtain Iha immadiata raturn of tha Unitad States, Britain and Singapore" to tha UN cultural body. Mr Mayor, a 53-year-old Spanish biochamiat who on Sunday ovarcama tha bidAFP - 208 words
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314 1987-10-21 4 AFP THE FRANCO-GERMAN axis is ths driving fores in ths construction of Europs, French President Frsncoii Mittsrrsnd said in Bonn on ths first day of sn official four-day visit to Wsst Qsrmsny. Calling for ths crsation of a Europs of Cuiturs', Prssidsnt MitterrandAFP - 314 words
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Article110 1987-10-21 4 AFP THE Italian airlines Alitalia and ATI on Monday suspended all flights of their ATR-42 aircraft, of the type involved in a crash on Thursday in northern Italy that killed all 37 on board. A statement said the decision was "a precautionary measure" announced afterAFP - 110 words
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455 1987-10-21 4 AFP AFRICAN industry minister* have recommended thai second "industrial development decade" be set in motion for uitir conuncni from 1900 bee suae of "little progreee" in the development of industries over the preceding 10 years. go before African heads of state and government, cameAFP - 455 words
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Page 4 Advertisements
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Advertisement60 1987-10-21 4 EUROPE. Discover the untouched ff -\1- t -V 1 A mn V- V„, r v, V. J V •> v V «v. '«Vv-t j V U:« ♦**-< S v A »«*.-> ;»v\, VrS v -V-.-K- M-* See your favourite tmveiajgntorcallHsin Singapore TeL Kuala Lumpur Te1:*****55 m t ikii ICv: •m60 words
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Advertisement228 1987-10-21 4 Kgntucky Fried Chicken (S) Ltd (Incorporated in the Rapubkc of Singapore) Announcement Reaetmceable Ufhts lesae at percent, Unsecured Notes to be called Loee Sleek MTTim at *s nominal amount w*h Transienttie Subscription Rights C7S/T) la subacribelar new erdlaary shares ot SI JO each in the capital et the compeayea the228 words
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COMMODITIES
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425 1987-10-21 5 AP A GOLD RUSH is on in Indoneeia with large international companies holding formal conceaaiona facing thousands of individual proapectors scrambling for the metal deepite official r «motions Qovernment officiate and private mining sources eatlmato that as many as 100.000 people have leftAP - 425 words
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Article247 1987-10-21 5 RAS prices him nM«FO In Mw I NOON ClOSC M 1 RSS hwyl Pr/Vfl 218-50 219 JON M/VIY 215-50 216J0N tot 1 RSS Now 87 216-50 217.00 213JO 214 JO to* 1 RSS Dae 219.00 219J0 ***** 217.00 b* 2 RSS Of 215.50 217J0N 213.00 21 SOON247 words
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Article21 1987-10-21 5 IftBER QM|M Mten So»> •ft Oct 20 jopor*, No v 213.50 do wn 6.00 KiYiia, nov 266-50 do wn 2.5021 words
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Article75 1987-10-21 5 NOVEMMER 07 frr i Mil MMrfiil DECEMSat RAS \wTr®nT monmj NOON (forward month) NOON S» 30 21X50 215-50 21X50 215 JO SSt 50 21 ZOO 214.00 212-00 ***** T ;T4WT1 SSABFV SMC CV 271.00 27X00N 27X00 Sdhfi *****N SMI I 271.00 27X00N 27X00 274.00N SMI 5 245.00N75 words
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Article156 1987-10-21 5 SOYBEAN futures in Chicago ctooed down 23% to 834 US cents a bushel on Monday amid mixed panic selling sparked by record lows on the US stock market November plunged briefly to the 30-cent a bushel daily limit, making a seaion low of U555.13%, and then settled 2014 cents156 words
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Article145 1987-10-21 5 WHEAT futures in Chicago on Monday poeted heavy loeaaa of 11% to 9 cents per bushel as panic-selling gripped the market. December settled 11% cents lower at U552.95. Traders said the sell-off was sparked by heavy long liquidation in soybeans, which reacted to historic lows in the US stock145 words
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287 1987-10-21 5 Bernama ES MALAYSIA'S national oilcorporation is liksly to rsiss its oil production next year to 540.000 barrels per dsy (bpd) from 500,000 bpd now. Pstronss ssnior vice-preeident (upetresm sector) Dstuk Rastsm Hadi said yesterday. The increese in oil production is still subject to governmentBernama ES - 287 words
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172 1987-10-21 5 AFP INDONESIAN Agriculture Minister Achmad Affandi has raised the possibility of indonsaia being able to export rice to Fiji. Speaking to reporters on Monday about a slight increase expectod in Indonesia's rice harvest this year, deepite the effects of a protongued droughtAFP - 172 words
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157 1987-10-21 5 Reuter THAI TRADERS plan to eetabiiah a oompany to regulato maize forward trading, in what could baa(lratatop toward» a commodities futures exchange. Traders and Internal Trade Department officials agreed last week to commission s study on a structure to regulate maize forward tradingReuter - 157 words
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Article19 1987-10-21 5 Kl TIN Prin CWm pitam m Oct 20 MM* 17.23 up 004 i Turnover (tonra a) 69 up 919 words
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Article215 1987-10-21 5 S*n noon do** p tftoo* on Oct 20 (St/100 M Coconut oil M KM 9SJ00 OW drum rat 109 A) Now drum POt 10tj00 Copra MM Inn) 5t «lm Poppor Mumofc rat NLW 1317 JO tntudi «Mh rat fa* niw 1302 JO Modi rat NIW *4X30 Sarawak AM215 words
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Article296 1987-10-21 5 London Commodity Exchango Cofltc kosh iMlort London, n4ifs op**oo OF London Nov 1310/1316 j High/Low 1327/1312 Jan 1344/1346 HKh/Low 1355/1342 Sotoi (3221) Pom Ok 1140/1141 (1144/1145) Ugh/tow 1149/1132 Mar 1176/1177 (1177/11T») H^t/Lew lies/1168 iol>i (3559 Sugar No 6 FO« (USS/tonno) Ok 159.0/159.4 M^t/Low 164.0/158.0 Mor 169.0/169.4 Mgh/Low 174.0/168.4296 words
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538 1987-10-21 5 Bernama THE US Sonata Committaa on Agricultura, Nutrition and Forestry has voted 10-8 against including the Tropical Oils Labelling Bill in the Agriculture Budget Reconciliation Bill. Seven Republicans and three Democrats said "nay" on Monday to the proposal made by Senator TomBernama - 538 words
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204 1987-10-21 5 Bernama ES THE INTERNATIONAL Natural Rubbar Organisation (Inro) Council bagan a three-day mealing in Kuaia Lumpur on Monday to map out a strategy for actMtfee during the interim period before the new Internetional Natural Rubber Agreement (Inra) comae into force. An Inro spokesman said InraBernama ES - 204 words
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Article59 1987-10-21 5 Bernama ES MALAYSIA'» tfn produoMQa to August tal «7 tonnes to 1471 tonaeo from 2,935 tonnee the month before. For toe January to August pe> riod. total output was 20,909 tonnee. up 1,209 tonnes the oorreapendtog period teat yaar. Experts «I m during tha monto unttorBernama ES - 59 words
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Page 5 Advertisements
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Advertisement299 1987-10-21 5 NL «T V m v 55 CA l Royal Oak, extn thm, water rensunt to SO meters. BA *****/722 BA (Udxs)BA 256U/344 BA (Gents) BA MW/4778A (Gents) In 1909, Ettore Bugatti built the first fourwheeled thoroughbred in history. Determined to create an automobile of unsurpassed beauty, he was prepared to299 words
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Page 5 Miscellaneous
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Miscellaneous31 1987-10-21 5 Doonesbury BY GARRY m aCKITPePOFTHOStPUMORS about aura*** mm pur THBMTD**mm mrrmwr TO Ban THS UNfWR SfTUATKH IPU& TOMfimmcrrm t! >V '♦V'* ?2c »V»T r* W> /i 1 C i a i*31 words
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MONEY AND EXCHANGES
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979 1987-10-21 6 Checking the slide could create recession NYT MANY ECONOMISTS think that Treasury Secretary James A Baker Ill's acquiescence in letting the dollar fall against the West German mark is the right choice and probably unavoidable. Rising interest rates in West Germany and shaky financialNYT - 979 words
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165 1987-10-21 6 Reuter FRENCH Finance Minister Edouard Balladur urged Western industrialised countries on Monday to respect the Louvre accord on currency stability and said this could help restore confidence in world markets. Speaking to journalists after one of the worst days on record for world stock marketReuter - 165 words
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Article, Illustration174 1987-10-21 6 1? major bmrJaix rpcr« interna nk marktt n itM (offor/bld) on Oct 20 us$ DM SWFC Y«n 7 6aji 7 13/1* II/!* *i/J-i/i 3 3/4 5/0 1 3/4 J/i 3 IS/1* 13/1* 1 a* l/l* 7 IS/1* 7/1 J/4 4 l/l* 3 IS/1* > 1/4 >/» 4174 words
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Article135 1987-10-21 6 i QoM futures on Oct 19 in my mm; USS par toy on n 0»w m* Iw Mfe Oa 41*40 491 JO 47X00 4$ 170 4-iaio Nn 40X30 •*■***** Ok 49X00 496.00 4*6 80 4-I0J0 Nfc M am 490.00 ***** 4-10J0 A«K 509JO ***** fflQQQ 50X40 4-11.10135 words
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Article241 1987-10-21 6 DECEMBER Eurodollar gapped up sharply overnight on Simex as the collapse of stock markets resulted in shift of funds to US Treaauries. US Treaaury Secretary Baker meeting with Weat German's Stoltenberg also provided support to the market. The December contract traded up to an intra-day high of 91.35 from241 words
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Market notes
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Article45 1987-10-21 6 GERMAN banks may call some Eurobonds next year if Bonn goes ahead with plans to levy a 10 per cent withholding tax on interest income in 1969, bankers said. The bonds are most likely to be foreign currency issues by German borrowers.45 words
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Article40 1987-10-21 6 THE BANK of Japan will sell 800 billion yen in bills from its holdings to help absorb a projected money market surplus of 470 billion yen and recycle 400 billion in bills maturing then.40 words
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Article53 1987-10-21 6 SALOMON BROTHERS' chief economist Henry Kaufman does not see the US Federal Reserve tightening monetary policy any time soon. In an interview on NBC's 'Meet the Press', Mr Kaufman said he doubted that the US central bank would raise the discount rate within the next three53 words
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Article77 1987-10-21 6 AN INCOME tax surcharge and capital gains tax could bring about an urgently needed depreciation of the New Zealand dollar. Len Baylies, a former economist with the Reserve Bank and the Bank of New Zealand, said a major depreciation is needed to restore export competitiveness77 words
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Article53 1987-10-21 6 THE CENTRAL BANK and three other state-run banks in Taiwan have incurred a combined exchange rate lose of about NT5362.71 billion from September 1985 to June 1987 owing to the rising local dollar, banking sources said. They said the Central Bank had the biggeet loss, of53 words
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Article68 1987-10-21 6 THE PHILIPPINE Central Bank intervened in interbank trading to maintain the peso's current exchange rate of 20.73 against the dollar. A Bankers' Association of the Philippines spokesman said the Central Bank sold US$5 million at 20.626 pesos to the dollar to the state-owned Philippine National Bank68 words
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Article65 1987-10-21 6 Reuter THE RESERVE BANK of India is tightening its credit policy for commercial banks by raising their cash reserve ratio by 0.5 per cent to 10 per cent, effective from Oct 24. The move, announced last weekend, is part of the bank's policy for the secondReuter - 65 words
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266 1987-10-21 6 Forex markets OCBC THE US dollar closed weaker against most major currencies at 3 pm yesterday. Against the Singapore dollar, it opened at 2.0905/15 and closed at 2.0670/80. It traded within a range of 2.0850 and 2.0915 in active trading. Against the Deutachemark, theOCBC - 266 words
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Article137 1987-10-21 6 Asian market Rates m at Hi mh 7 doyt i gvfxwi ram US$ C*»» MO 7 7/1 7 3/4 1/16 7 15/14 15/14 13/14 13/16 13/1* 4 1/» 9 1/4 9 l/» S fc DM ss iMMdb 3 l/» 4 3/0 4 3/1 4 7/t priaaa) 3 15/16 4*3/4 4137 words
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Article100 1987-10-21 6 Treat a r#frOO ury bills Issue oodo Y< MoMlty nlofdoy's c MD loring OW» Doy-» HK5M LOW- I; 3 monlhi 6 monlt» 1 yoor BQ*****T 8S*****S 8Y*****H 21.1.88 31.448 33.09J8 3.70 3.90 3.95 3.65 3.85 3.90 379 3.90 4J0\ xAOil.; my. 3.9322 Xu Qov« Period rnment im100 words
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Article560 1987-10-21 6 CURRENCY FUTURES OPTIONS IMM Monday, October It, 1987 BMTNM POUND OI.W. OMft par t MM MM OOM Jon-C 1 •M-0 XM 1425 540 4.15 1450 340 4J0 iiS 1475 110 U5 UO 1700 OJO 145 2-20 1725 1.10 1750 OJO to ««ti M04 M »o(, 537 coh, 255 pm560 words
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Page 6 Advertisements
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Advertisement163 1987-10-21 6 Enjoy the civilizing effects of English High Tea, far from the maddening crowds, in SE Asia's largest and most breathtaking Atrium Lounge at the Marina Mandarin in Marina Square. Traditional English Scones, Thick Cream and Strawberry MftA Jam make High Tea what it is to so many, along with a163 words
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Advertisement81 1987-10-21 6 Total Comfort Australian Styl m Jo&im RECLINING CHAIRS ft SETTINGS Call at our showrooms or telephone for free colour catalogue. Like almost a million Australians, youU quickly appreciate the many design qualities that set JASON apart from ordinary furniture. tou're invited to comfort test JASON Reclining Furniture and Commercial Seating81 words
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BANKING AND FINANCE
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Article, Illustration701 1987-10-21 7 FRANTIC STOCK SELLING by investors around the world rocked the bond markets and the financial markets on Monday. The dollar took a pounding, falling sharply against the West German mark and Japanese yen, although it rebounded in later trading. The greenback closed at 142.35 yen in701 words
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456 1987-10-21 7 GOLD AP. AFP GOLD PRICES rose to their highest levels in more than four years on Monday as investors sought protection from haemorrhaging world stock markets. Republic National Bank in New York quoted a late bid for gold at 4pm (2000 GMT) ofAP.; AFP - 456 words
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Article194 1987-10-21 7 BONDS AP BONO PRICES rebounded in active. volatile trading on Monday, as many inveetors fled the plunging slock market and put their funds into bonds. The US Treaaury's closely watched 30-year bond soared USSI6.2S for every US$l,OOO in face value. The bond's yield, which moves inversely to its price,AP - 194 words
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Page 7 Advertisements
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Advertisement279 1987-10-21 7 The superchip. It's tiny. We developed it for use in all the computer functions of our satellites. And the benefit in space of our superchip micro-technology is the same benefit that is applied to our superior Laptop computers. Namely, bigger performance with smaller size and weight The Toshiba Laptop models279 words
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PERSPECTIVE
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Article520 1987-10-21 8 DIFFERENT LEGENDS, ONE FESTIVAL. That is Deepavali, the "festival of lights". Not all Hindus celebrate Deepavali on the same day. Some celebrate today, some tomorrow, some for three, four or five days. Nor do they all celebrate for the same reaaons. Hindus from South520 words
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Article, Illustration2089 1987-10-21 8 BOEY KIT YIN,CHUANG PECK MING - Like father, like son. Business requirements these days work against the dictum. But family concerns remain a vital part of private enterprise. But how important is it to the patriarchs that business control passes on to the scions? And how realistic is it in2,089 words
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360 1987-10-21 9 WALTON MORAIS - By WALTON MORAIS THEY'RE BOTH ranked fourth in the world. They both carry the same name. And perhaps, in another time, they would have made a fascinating match. But the Becker who will play 4) an international tennis tournament beginning at the Hollandse360 words
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487 1987-10-21 9 AFP PAKISTAN have already lived up to their pre-toumament billing as favourites for the cricket World Cup but now they would do well to tread warily. They, like Australia, have a tDO per cent record at the halfway stageAFP - 487 words
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332 1987-10-21 9 AP PAKISTAN'S Jansher Khan, the super-fit 18-year-old from Peshawar, brought down his legendary namesake and countryman Jahangir Khan for the third time in a row on Monday in Birmingham to move into his first final of the World SquashAP - 332 words
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445 1987-10-21 9 AP ST LOUIS manager Whitey Herzog jabbed at the Minnesota Twins on Monday while his Cardinals tried to come up with ways to stop them from running away with the baseball World Series. "I don't think they would win the American League EastAP - 445 words
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Article, Illustration414 1987-10-21 9 AP FOUR TIMES. Sandy Lyle has reached the final of the World Golf Matchplay Championship. Four times, he's failed at the last hurdle. But the mild-mannered Scotsman was again gracious in defeat as he went down by one hole on MondayAP - 414 words
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342 1987-10-21 9 JAPANESE student Koichi Mizushima spurred his team into' the lead after the first day of the men's events at the World Gymnastics Championships yesterday in Rotterdam but joy was." tempered by the knowledge that top teams from the Soviet Unioo«. China342 words
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Article, Illustration444 1987-10-21 9 Reuter THE RACE DIRECTOR of Sunday's Mexican Grand Prix said on Monday there was no truth in reports that Brazil's Nelson Piquet had been disqualified. Burdette Martin of the United States, an official of the International Motor Sport Federation (Fisa), said there had been no breachReuter - 444 words
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Page 8 Advertisements
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Advertisement219 1987-10-21 8 'v,,: -i. f., *-s. i£ f; :«*j $*«-V sr-.. 40 Mm Oce... the shortest way Because Oct copiers, amongst other unique features, have a far shorter paper path than any other copiers offered todav. The shorter the paper path... the greater the reliability. With Oc£, paper jams are virtually eliminated.219 words
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Page 8 Miscellaneous
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Miscellaneous631 1987-10-21 8 CRYPTIC PUZZLE ACROSS 1 It's sharp, with a possible suggestion of mint (5) 6 Bear punishment (5) 9 Showbiz buildings? (7) 10 See a buoyant structure as s boat (5) 11 Fisherman's trick? (5) 12 Study principally to be an officer? (5) 13 Too snxious to sign one's real name?631 words
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Page 9 Miscellaneous
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Miscellaneous1177 1987-10-21 9 1 to QBE) aasiw) A PM SAC Text Sample Pages. Opening and PfOQfONM <-m > l r., I, niymiynn rotiowta oy roswor TV. Tonight's episode, feetursi Tommy HMAger, At mw Ud an fC LH L..\ moFtrwonu Jtt mynfyrwi#. Exaeultv* Stnu (Lost ipHotlf). lord Of Hokkoido. Mdwttk Sports Superstars Of Wrestling.1,177 words
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WORLD MARKETS
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318 1987-10-21 10 NYT ALMOST OVERSHADOWED by the stock market collapee, the takeover business in the US also haa shaken violently. Samuel J Heyman, chairman of the Oaf Corp. said that because of riaing loan costs he was reconsidering a US$2.3 billion offer to buy the ChemicalNYT - 318 words
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Article805 1987-10-21 10 New York Reuter WALL STREET tumbled to its worst point loss ever and the worst percentage decline since the First World War as a frenzy of stock selling stunned even the most bearish market perticipents. The Dow Jones Industrial Average fell 508.33 points to 1738.41.Reuter - 805 words
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1062 1987-10-21 11 London Reuter AP. UPI AFTER ONE record plunge, the London stock market nosedived again early yesterday losing another 11.7 percent of its value in early trading, dealers said. "Its just chaos at the moment and the panic selling is stillReuter; AP.; UPI - 1,062 words
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251 1987-10-21 11 Cable Wireless revalues Hongkong restructuring Reuter CABLE AND WIRELESS PLC said the merger of its Hongkong Telephone Co Ltd and Cable and Wireless (Hongkong) Ltd subsidiaries would have realised around HK$5 billion or £400 million at last Thursday's closing prices. But the current collapse of share prices worldwide is expectedReuter - 251 words
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Article165 1987-10-21 11 Reuter INDUSTRIAL Equity (Pacific) Ltd, a Hongkong-based investment firm leading a group holding 19.1 per cent of Calmat Co s common stock, said it intends to submit to Calmat a proposal for a possible business combination. In a filing with the US Securities and ExchangeReuter - 165 words
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Article279 1987-10-21 11 Monog#rj' prices DBS Bank for Oct 22 StofltoA Gr K JopO" G' fyjndit 076 127 080 i r Singapore Unit Trust Shtnfofl Thrift Fvnd# 080 080 Th* Coawct Th* So»mgs Fund S po'e Prog Fund 100 087 039 107 093 043* UOB Management Unitund® 081 1 08lt 1015279 words
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Article973 1987-10-21 11 Selected indices HONGKONG Hongkong Index Tuesdoy Suspended Monday *****3 W Mt 090 2554 28 Hong Seng Index Tuosdoy Suspended Monday 3362 39 WMtogo *****8 All Industrials Tuesday Monday W««t ago NEW YORK Dow Jones Mondoy Friday Wm* ago ***** ***** ***** *****1 2246 73 2471 44 TOKYO Standard Poors Nikkei973 words
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Article101 1987-10-21 11 Reuter THE BRITISH Treasury has confirmed that the sale of British Petroleum Co PLC will go ahead as planned, despite Monday's stock market crash which forced BP below the 330p a share set for the £7.2 billion issue. "The government is not considering terminating theReuter - 101 words
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Article132 1987-10-21 11 oct m WON Chaii Sugar ***** •1000 Oaatim ind... Daewoo Corp Daawoo Haavy Oaiahin Sac- rittaa Dong Ah Phar Dong Suh Stock Donobu Stoal Gold Star Hand Bank Hand Camant Hankuk Glaaa Hanyang Chamical Hyundai Conat Hyundai Motor ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** *****132 words
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Article448 1987-10-21 11 Reuter SHARE PRICES slumped 14.9 per cent on the Tokyo market yesterday, the index's worst ever one-day decline, as unbridled panic shot through the market following Well Street's biggest ever single-day fall on Monday, brokers said. "Without some government coordination and cooperation to stop this crash, it will beReuter - 448 words
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Article426 1987-10-21 11 AFP THE AUSTRALIAN share market closed a mammoth 24.9 par cant lowar yesterday alter a day of panic selling. The All Ordinaries Index fell a record 515.4 points to close at 1,549.5 aa investors clamoured to sell in the wake of the Wall Street craah overnight Falls outnumbered risesAFP - 426 words
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Article161 1987-10-21 11 Reuter THE SECURITIES Exchange of Thailand Index fell a record 36.64 points or nearly eight per cent to close at 422.37. Reuter oct m Ao Kham Thai Ayudhya Invaalmar Bangkok Agro-ind Bangkok Bank Bank Of Ayudhya. Charoong Thai Wii ft CaWa BAMT 1B4 K 5H 185 347 ...444 VReuter - 161 words
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Article206 1987-10-21 11 OCT MT f. AM Stncara Indus 4 00 -0.1 Asia Comant Cathay Cona .90 00 -5 Chang Hwa Bank 200 00 -14 02 00 -3 Chia Hsin CamaM Chin Main Flour -1.8 China Cham 34 40 China Oav 0190 -4.5 China Elaci Wira..... China GuH Plas China Rabar China206 words
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Article96 1987-10-21 11 OCT 1t KKM Aco|« Mining Anglo Phil 0 022 unch Apu Mining B AHm Con B Baguio Gold BMic Petroleum Bonguet Con B Firtt PM Hidgs Lopanto B 0 0980 M90 002 120 12 0 64 0 015 2.5 0 002 unch 1 0 03 Marcopp^f 142 012 196 words
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Page 10 Advertisements
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Advertisement825 1987-10-21 10 mi id wire, iitm md PLEASINGLY HYATT Discover the world of sensational Singaporean dishes In a buffet. Taste Chinese. Malay, Indian and Nonya specialities in one meal. At Plum's, daily tor lunch and Friday and Saturday for dinner. Price: S2OV A fabulous one-stop gourmet's dream I s^? m j r,825 words
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Advertisement238 1987-10-21 10 •gr* France at The Belvedere The Belvedere's French buffet luncheon. An incredible selection of more than 60 authentic favourites, from now till October 29. It's as good as being in France! 12.00 to 2.30 pm daily. Adult: S3l/Child: $15 Prices subject to 10% service chmrge ami J% govt Ux. The238 words
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Page 11 Advertisements
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Advertisement207 1987-10-21 11 m p>" Sin i i •V*. > > f iii The Bounty of the Hunt. Every evening between October Ist and 31st. the Hubertus Grill presents a game menu of specialities rarely available in Singapore With such noteworthy offerings as Home-made Game Terrlne, Essence of Pheasant, Medallion of venison 'Cumberland*207 words
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Advertisement204 1987-10-21 11 ©CANTON CARDCN 0 Pleasing, contemporary surroundings. With exquisite lunchtime dim sum and delicate Cantonese cuisine fit for an emperor. Closed on Mondays. 3rd Floor, Westin Plaza. For reservations, call 338 8585 ext. ***** or 330 8310. The Westin Plaza Raffles Cky 2 Stamford Road, Singapore 0617. Westin Hotels Resorts THE204 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration3633 1987-10-21 12 THE SINGAPORE stock market went into a free fall tor the second consecutive day, pushing the main market barometer below the 1000-levef. Aa one broker put it, the bulls have packed their bags and gone into hiding while the beara are rampaging3,633 words
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Article166 1987-10-21 12 SINGAPORE Falls 1 Oo 19 Oe 30 rci^i*i 10*4.9* W4J2 D 1 S *40 -440 •t oa/oc 3*0 -53* S 1 A •70 -3*0 •t Cadi -*4*0 -*44* riN 730 -300 •t 10-4*7 MA -*1*4 -*310 WMM 342 -300 ITOOV *****04 *****<3 ST WmWi *****0 «*< so166 words
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Article4180 1987-10-21 12 BID iai «Ocr prtcee officially listed iX bui»w in aad Mil X the Stack Mop X Wtipiri yeoterday wtX the X bracteta X Ma X 1.M «XX mkem odHnrXe pat Wad. AD How SMkaat CXmtX are quoted after the word "BIT'. Blf Board Aeab (X4,180 words
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Article149 1987-10-21 12 TRACTORS MALAYSIA HoMtoga BM; 22nd AGM at the Bunga Kenanga. Pan Pacific Hotel, Jalan Putra, ***** Kuala Lumpur, tomorrow. Oct 22. at noon. BERJUNTAI TBI DREDGBIG BBS: 46th AGM at the PNB Theatrette, 2nd Floor, Menara PNB. 201-A, Jalan Tun Razak. ***** Kuala Lumpur. Malayaia on Friday. Oct149 words
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FOCUS
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Article, Illustration811 1987-10-21 13 Some economists say market could be sending signals about the economy Reuter WALL STREET'# biggest one-day drop since 1914 has revived a bitter debate about whether modern investment techniques turn shifts in investor psychology into colossal moves in share prices. "The market has gottenReuter - 811 words
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Article, Illustration585 1987-10-21 13 Reuter PRESIDENT REAGAN has expreessd surprise at the record drop in stock prices because the US economy is sound. "I think everyone is puzzled because all the business indices are up. There is nothing wrong with the economy," he told reporters on Monday.Reuter - 585 words
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742 1987-10-21 13 AP THE STOCK MARKET S stupefying drop on Monday has injected frightening uncertainty into the US economy and could have a profound impact on millions of Americans who don't ordinarily think about the wild gyrations of Wall Street. The results ofAP - 742 words
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Article, Illustration935 1987-10-21 13 NYT AS STOCK PRICES soared this year, a chorus of pessimists warned that 1967 looked more like 1929, when a stock market crash ushered in the Great Depression. On Monday, after a plunge reminiscent of the worst days ofNYT - 935 words
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Page 13 Advertisements
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Advertisement10 1987-10-21 13 Business A MONTHLY JOURNAL OF BUSINESS TRENDS NOW AT NEWSSTANDS10 words
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Article, Illustration656 1987-10-21 14 ALVIN TAY,LEONG WEN WAH - Financial institutions believed to be strong enough to cope with fall By ALVIN TAY,LEONG WEN WAH THE SINGAPORE stock market is unlikely to be closed, sources said, because financial institutions, including stockbrokers, are believed to be strong enough to cope with this week's sharp fall656 words
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Article, Illustration517 1987-10-21 14 LISA LEE - By LISA LEE A LITTLE hope still prevailed at the viewing gallery of the Singapore stock exchange near midday yesterday as investors and observers gathered, armed with binoculars and liberal with their comments. Amidst the frequently uttered refrain of "this is517 words
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130 1987-10-21 14 AP THE HEAD of the New York Stock Exchange said there were no plans to close the exchange in response to a securities sell-off he described as "the worst market I have ever seen in my lifetime or would hope to see again".AP - 130 words
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Article74 1987-10-21 14 AP NEW YORK stock prices turned upward in extremely heevy trading earty yesterday, giving signs of recovering from Monday s historic collapse, but then began pulling back towards noon. The Dow Jones Industrial Average rebounded 193.62 points in less than an hour to 1.932.36 but by 11.30 amAP - 74 words
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Article220 1987-10-21 14 Reuter THE HONGKONG Stock Exchange has suspended trading until next week in a move to protect investors after the steep slide in share prices in the British colony and on Wall Street. In Kuala Lumpur, the stock exchange said trading in all stocks, shares, loan stocks,Reuter - 220 words
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Article174 1987-10-21 14 AFP PRESIDENT CORAZON AQUINO yesterday rejected peace talks with leftwing rebels and warned coup plotters they would be crushed again as she seeks to revive business support for her beleaguered administration. v "Enough with the communists, enough of coup d'etat, fight for democracy," she said inAFP - 174 words
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433 1987-10-21 14 AFP US TREASURY SECRETARY James Baker held a secret meeting with West German Finance Minister Gerhard Stoltenberg in Frankfurt on Monday in which they agreed to end a row over monetary policy which sparked panic on world markets. The meeting came as pressure was buildingAFP - 433 words
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124 1987-10-21 14 Bernama MALAYSIA has to impose tighter regulations than its neighbours on local and foreign investors to protect the interests of the country and workers. Trsde and Industry Minister Datin Psduka Rafidah Aziz said yesterday that some neighbouring countries offered greater freedom and more relaxation ofBernama - 124 words
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107 1987-10-21 14 AP THE HEAD of the US Federal Reserve Board yesterday pledged to provide the necessary liquidity to protect the financial markets from a run fuelled by margin calla. In a one-sentence statement issued before the opening of the market yesterday, chairman AlanAP - 107 words
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264 1987-10-21 14 THE GOVERNMENT has challenged the precedent of the Foreign Correepondents Association of South-east Aaia to identify thoee who supported a recent resolution regretting s restriction order on Aaiaw—k'a circulation. In a letter to Dr Friedeman Bartu, the Communications and Information Ministry (MCI) noted that the264 words
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Article40 1987-10-21 14 UNIONISTS Lim Boon Heng and Ng Pock Too were promoted to deputy secretariee-general yesterday, putting them in the number two poeitions In the NTUC together with Lawrence Sia. Mr Lim has also been appointed chairman of NTUC Club.40 words
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LATE FILE
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Article44 1987-10-21 14 Reuter TWO LEADING US banks yesterday rescinded increases in their prims Isnding rates announced last week. Chemical Bank rolled back Ha 9.75 per cent rate to 9.2S and was quickly followed by Marine Midland, which did the same.Reuter - 44 words
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41 1987-10-21 14 Reuter OIL prices would skyrocket for a time if conflict in the Gulf doeed the Strait of Hormuz. but oil supplies could be adjusted to take care of world demand. Indonesian Energy Minister Subroto said. ReuterReuter - 41 words
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Article47 1987-10-21 14 Reuter THE Japanese economy is firmly on the recovery path. The Bank of Japan said industrial production is strengthening as manufacturing have aimoet completed adjustments of their plant and equipment inveatment while non-manufacturing firms have continued to be poeitive in their capital spending. ReuterReuter - 47 words
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Article48 1987-10-21 14 UPI FORMER steel executive C William Verity has taken Me place in the Cabinet as US Secretary of Commerce with eome measured words for Conservatives sceptical of his desire for freer trade with the Soviet Union. He succeeds the late Malcolm Baldrigs, who died recently.UPI - 48 words
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Article29 1987-10-21 14 Oana-Bernama INDONESIAN economic proepects and problems lop ths agenda when business leaden from around the world getter at a two-day meeting in Jakarta from today.Oana-Bernama - 29 words
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Article51 1987-10-21 14 AP EVERYONE, it seems, has a theory ebout who killed Olof yiikAi*Aji riiiTif. nineteen rnontne n* tor the assassination of the Swedish Prime Minister, more then 13.000 bps. Suspicions, or theories hsvs poured in to the 70 detectives snc investigators soil working on the caae.AP - 51 words
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Article45 1987-10-21 14 AFP AUSTRALIAN trad* unions dacidsd yaatarday to ban all international flights batwaan Australia and Fiji from Nov 1. Tha bans would apply to Qantas. Canadian Pacific and Fiji's national carriar Air Pacific. Auatralian Council of Trada Unions prasidant Simon Craan said. AFPAFP - 45 words
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Article29 1987-10-21 14 AP RIVAL opposition laadars Kim Young-aam and Kim Daa-jung failed again yastarday to raach an agraamant on just ona of tham running for praaidant. APAP - 29 words
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Page 14 Advertisements
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Advertisement85 1987-10-21 14 MICROGRAPHICS Tmom e PMCTKf A THREE DAY INTENSIVE TRAINING COURSE ON MICROFILM EQUIPMENT, SYSTEMS, AND METHODS 18th, 19th, 20th November 1987 at Hilton Hotel Singapore This three-day intensive course covers all aspects of micrographics as applied to records management It is intended for present users as well as those contemplating85 words
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Advertisement147 1987-10-21 14 u 1 V 4 I tr u I mm 1/ j' <%> a (IfttU 'I V f* nr. Vf W *< •5.x t A *fc» .> v < i I I €t > 1/ The Bounty of the Hunt... Each October, as the year draws to its close, the Hubertus147 words
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SHIPPING TIMES
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441 1987-10-21 15 LILIAN ANG - By LILIAN ANG THE PORT of Singapore Authority has signed two contracts worth a total of $55 million with C Itoh for the purchase of ten container quay cranes. The contracts, one for the ■purchase of four cranes and another for441 words
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257 1987-10-21 15 AFP SOUTH-EAST ASIAN nations had moved quickly to fill the vacuum left by Australia's shipping ban on trade with Fiji, Austra-lia-Fiji Business Council president Russell Leitch said. The Australian shipping bans re-imposed by maritime trade unions after a second military takeover inAFP - 257 words
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PORTSIDES
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78 1987-10-21 15 MAERSK LINE will inaugurate a weekly service linking North America and Europe next year. The service will begin in April following delivery of the first of a series of container newbuildings from the Lindoe Shipyard in Denmark. Ports on the west and east coast78 words
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85 1987-10-21 15 AHRENKIEL Liner Service and Sealift N V have mutually agreed to terminate the Europe-Far East joint service operated under the masthead of Seals Line. The termination takes effect on Oct 31. But the Seals service will continue intact on Nov 1 under a joint85 words
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105 1987-10-21 15 A PASSENGER BOAT and a cargo ship collided and sank in a central Kalimantan river, killing nine people and leaving two others missing, the Indonesian Search and Rescue Agency said. The agency said the Sinar Harapan, carrying 22 people, collided head-on with the Janji Setia,105 words
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Article73 1987-10-21 15 Seatrade Week THE PHILIPPINE manning sector is on the rebound after several years in the doldrums. Statistics for the first eight months of this year show that 41,281 Filipino seamen found berths on ocean-going vessels, up by 21.36 per cent from 34,016 a year ago.Seatrade Week - 73 words
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797 1987-10-21 16 Reuter MILITARY experts say the United States faces a dilemma in the Gulf following US destruction of Iranian oil platforms in retaliation for an attack on a US-flagged tanker. The experts said that Tehran holds the initiative and is likely to controlReuter - 797 words
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198 1987-10-21 16 Reuter KUWAIT has put a second oil tanker under the British flag to qualify for Royal Navy protection against Iranian attacks in the Gulf and it plans to reflag a third in Britain soon, shipping sources said. They said the Kuwait Oil TankerReuter - 198 words
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184 1987-10-21 16 UPI IRANIAN ambassador Said Ra-jaie-Khorassani said the US flag is no protection for Kuwaiti ships because Kuwait ia a supporter of Iraq ano "we are taking action against it." "And we will continue with that action." Rajaie-Khorassani said in reference to the attacksUPI - 184 words
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Article871 1987-10-21 16 AB Shpg V ABC Container VNI Accord Shpg VI Ahrenkiel liner XI Africa Ocean X* ANtrons va AC To*pt*r XI Am* r icon Tpt XII ArtfO S*rvic* IV Arrow lines K Ation Oc*on VI Atlas Lin* I ANl 1 A PC lift* V AH ASCI M Bolt-Canada871 words
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Article1158 1987-10-21 16 THE coverage of several grain cargoes from the US Gulf to Japan featured the freight market on Monday and the firm rates generally paid mainly reflected the nine points rise in the Baltic Freight Index to 1,097.5, brokers said. The BFI was not issued on Friday due to1,158 words
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383 1987-10-21 17 Lloyd's List ATTEMPTS to devise a safe, secure and fraud-free system of transferring documents electronically were given a boost at an international legal group meeting. The London meeting of the Comite Maritime International (CMI), an international legal group which co-ordinates the drafting of uniform shippingLloyd's List - 383 words
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134 1987-10-21 17 ROY GIBSON will join the staff of Inmarsat as special adviser to the director general, Olof Lundberg on Nov 1. Mr Gibson, who is a leading figure in European space affairs, was formerly director general of the British National134 words
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Article936 1987-10-21 17 AFP RATE indications continued to improve, particularly on the major grain routes out of North American ports during the past week, lifting shipowners' hopes of a sustained market rally in the months to come. Brisk activity on the time-charter front, where some vessels were reported to have achievedAFP - 936 words
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164 1987-10-21 17 TUGS retrieved the former British disaster-ferry Herald of Free Enterprise on Monday after it went adrift for four days in storms off the northern Spanish coast, a Spanish maritime radio said. The ferry, sold for scrap after its capsize last March coat164 words
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8932 1987-10-21 22 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.8,932 words
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Article1348 1987-10-21 23 AT CONVENTIONAL WHARVES KEPPCL WHARVES MTTVM loagkofc N«*M as ■lamiito 21 10/1300 Cool Imt* CO* •toafMto 21 *****0 n CoMtnw Kit ntnnpiiii 2SI0/7» Haot GoroMi Ui atoned* anoowo KoM tx alo»jii<i 21 100*00 Lota M» Ul g<OflQ|idl 2S tOOMO Of Skow at ntnngii<« 21 looaoo Idrw* K3B1,348 words
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Article1996 1987-10-21 24 A—B AB Shipping Boustead Shpg Agencies ABC Containerize 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 Lines1,996 words
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308 1987-10-21 26 BERMUDA-BASED Transworld Oil, which is claimed to be one of the major suppliers of oil to South Africa, has stopped sending shipments to the country. But Mr John Deuss, head of the company, insisted during an interview with Lloyd's List that he still308 words
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245 1987-10-21 26 AFP THE CAPTAIN of the Qatari freighter found to be carrying 14 tonnes of war material was charged at an Italian court on Monday with "illegal possession, importation and transit of arms", an Italian judicial source said. Captain JohnAFP - 245 words
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137 1987-10-21 26 FIVE COMPANIES have submitted bids for the management of the Phuket deep sea port. The committee in charge of making the selection has decided to extend the deadline for submission of tenders from Oct 14 to Nov 6 to give interested137 words
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168 1987-10-21 26 MOZAMBIQUE-BOUND freight backed out on Monday after South African officials suspended railroad traffic on a sabotaged line to their Marxist neighbour. Anti-government rebels blew up a bridge in the second strike in two weeks against the railroad in Mozambique, officials said.168 words
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181 1987-10-21 26 IN LINE with its expansion programme, Sembawang Maritime has acquired a 2,600 bhp twin screw harbour tug from a Japanese party. The addition of the $1.1 million Sea Jaguar brings its harbour towage fleet to 12. If the vessels used in salvage are taken into181 words
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Article195 1987-10-21 26 Reuter WORLD oil tankers/combination carriers laid-up, idle or under repair, including ships inactive at port for two months or more, fell to 14.7 million tonnes dw (88 vessels) in the month to Oct 15 from 15.35 million dw (94) a month earlier, London shipbroker EReuter - 195 words
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Page 15 Advertisements
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Advertisement862 1987-10-21 15 How S.K. Asla upsft the logical W> s t hilarious TRAGIC Dangerous Available at all Good Bookshops STP Distributors i Jwrong (Vwl Road OOCL Orient Overseas Go*taim\ Line Mil// JARDINE SHIPPING AGENCIES (R«« No. KM64/ 00K) 200 Canttmmnt tad #12-06 SomAbowL Sinppon 0201 TW *****11 TELEX NO MS ***** TEMINAI/Crs862 words
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Advertisement104 1987-10-21 15 MILITARY experts say the United States faces a dilemma in the Gulf following US destruction of Iranian oil platforms in retaliation for an attack on a US-flagged tanker. Page II ATTEMPTS to devise a safe, secure and fraudfree system of transferring documents electronically were given a boost at an international104 words
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Advertisement599 1987-10-21 15 to*** 0 9 J MAERSK LINE WEEKLY TO EUROPE NEXT SAILING: CECILIE MAERBK VOYAGE 8716 ETD SIN 29/10 To Europe—UK Scandinavia Finland AXEL M C€CIL£ M LUNA M ARTHUR M Tha mm Ami M Ctoamg Tma CY 21/10 2300 MRS CFS 21/10 1300 HRS Tha mm Leia M Closing T«n««599 words
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Page 16 Advertisements
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Advertisement519 1987-10-21 16 9® OUTBOUND TQ NORTH CONTINENT K^llEU KJE IKZ3E3 COMPAGNIE MARITIME 0 AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA ll."! I.'i, l."l MM nr^ 3 EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS OUTBOUND TO MEDITERRANEAN 1|- .II.1I»7V!, BEIRUT ETA LATTAKIA ETA519 words
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Advertisement17 1987-10-21 16 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement457 1987-10-21 16 MTO MARITIME TRANSPORT OVERSEAS GMBH Further load/diacftarpng i an rout* aubftct to sumcwnt inoucamant kM Tat 2304(50 Fat *****82 Hvifen Tiawrt ItapMfl Pto. Ltt. M 22MM0nt BS4U7SMNEA Fat 2257*5 CHARGEURS RE UNI S J k*: rrott LA-KUNION ALTAI BAKU 101 CI t NOIRE 12/11 2*ll ALao acccpt camoo to UAunmua,457 words
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Page 17 Advertisements
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Advertisement915 1987-10-21 17 The Straits Steamship Group i C Mansfield Container Shipping Pte Ltd r&o Containers Limited STRAITS SHIPPING fiinqapora "iibth, Brunei Ports and Bangkok r.'ifj J a> j :flK' II; a.lW] PEGASUS PROGRESS VMM PEGASUS progress VSMN MMIOOH lAT nuMvutT upatss OSAtA MT UTMOWM LAfl|B MY HOW KMC ONUS «Wi MT Al*o915 words
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Advertisement644 1987-10-21 17 iS C SAV C S 'ccrEXPBEtS SERVICE to/from CHIi FEEDER VESSEL CSAV 1 CSAV 2 CMV 1 «1 1201 \VfU ■OTHER VESSEL HK ARtCA IQQ ANTW VALP SAI A VESSEL Mill tfi VII I» CAA CAKtIEt mu «fU rag" tvu w vn mwi CARGO FOR PUNTA ARENAS, TALCAMUANO CEFTEO WTTN644 words
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Page 18 Advertisements
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Advertisement447 1987-10-21 18 CON I AINERSHIP SERVICE TO UK/CONTINENT S port FK S'ton H'burj B'hava* Taiaoa lay O/IO 2*lo I*ll I*ll 11(11 t*u* tipr«u mm 3*lo I*ll mi 2201 Mm Ity «U 101 2»1 801 S|U FrMkfwt Eipraaa WU U|U 102 3/17 *12 Oaafca lay li/11 11/11 *12 10/12 12/12 Kitana M*ru 22/11447 words
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Advertisement466 1987-10-21 18 JCSline FULLY CONTAINERIS E D SERV IC E tsillY CONIAINtRISIi' H) (ROM NOR IH AVIRH.4 Mi SI < (!*\t CONVENTIONAL SERVICE TO PERSIAN GULF GEN AGENTS: CROWN MARINE CO (PTE) LTD TEL: ***** M Unn) FAX NO: 2235M8 SUB-AGENTS: KUALA LUMPUR TEL: ***** M/ PENANQ TEL: tlim LUCKY STAN »flO466 words
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Advertisement381 1987-10-21 18 FKBBHT LINKS EXPRESS Pit LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT ACCEPTING FCL/LCL TO JAKARTA 24/10 31/10 HONG KONG 23/10 ft 30/10 BANGKOK 24/10 ft 31/10 KEELUNG/KAOSHIUNG 25/10 ft 1/11 MANILA 25/10 ft 30/10 BUSAN 29/10 ft 2/11 TOKYO/YOKO 25/10 ft 30/10 LCL 4 FCL AUSTRALIA NEW381 words
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Advertisement999 1987-10-21 18 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVE* GLEAMY EVER GOLDEN UNI MODEST/EVER GUARD EVE* GROWTH SCR HKC KSC KLG am am aao am Ml «1 Ml VU Ml 1101 1201 1201 aoi uoi aoi EVE* LIVING/EVER GRAND li|U Ml Qfll BIU EVER GENIUS EVER ORtfT ALSO ACCEPTING CAMO TO Ml Ml999 words
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Page 19 Advertisements
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Advertisement808 1987-10-21 19 v PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 QOWA KOTA CAOU MAJAPAHTT FAR EAST CONTAINER SERVICE VOY 8M JKT MY VOY SIN NO WO UO KB TOt HTC MO KO9 9JJ9 ISM aw M tm PI 14N9 M/ 1« 2S/10 Ml 10 31/19 1/11808 words
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Advertisement663 1987-10-21 19 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT wi w wi wi wi mi aru aru aru mu «1 W SIU SIU wi i/u mu mu vu m mu aru mu uni mu W) IW UIU vitt w mu nv w mu w mu mu mu mu mu mu v>663 words
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Advertisement501 1987-10-21 19 fc A Joint Europe Sorvtoe Of: P.T. UNUITA Uim F T. EM LLOYD P.T. SMHKU HMKSU P.T. TMKOM HOT! m DUO ACCEPTING BOTH 0 pbrts, null. Li turn, wntiiri COjjgmgjML CARRO VIA T/5 TO I f -*<4 I DJAKARTA LLOYD INDONESIAN NATIONAL I INF EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO501 words
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Advertisement339 1987-10-21 19 BOUSTEAD SHIPPING AGENCIES PAGAN Vliwr PA-AN VIIM BURMA FIVE STM (Burmese National Line) Loading for Rangoon Sport P.Kelang Penang Bangkok 22/24 Oct I zSocT 21/23 Oct am Oct BANK line SXPRESSSW-WNTAINER? NORTHBOUND TO UKC SPOKE ROAM HULL MM FORTHBANK V2ON i/11 3/11 1/12 TAMA IT AI SAMOA VUN 31/U 23/11339 words
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Page 20 Advertisements
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Advertisement1281 1987-10-21 20 SHkPPinG-DfITA ATLAriTIC COAST (Round-The-World Service) •PK/PNG SPORE LB CHLS NFK NYC HFX GARN iLy II SW 22 M MNov 24 Nov 21 Nov SNw 20k ORIENTAL FREEDOM Vl6 24 Oct 29 Oct 21 Nov 1 Doc 3 Doc SDoc 9 Doc •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER1,281 words
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Advertisement576 1987-10-21 20 10 SAILINGS P« MONTH TO ONGKOtW 27/1# CHINA/MANILA/KOBE BANGKOK/KEELUNG WEEKLY BANJNQ TO L MSIA/AFRICA/USA M iM ACCORD SHIPPING PTE LTD i M Wa AUSTRALIA EXPRESS CONTAINER SERVICE Ailimßhm FCL/FCL CiiHilwn P.Mmc law M S port M Fw V* Aec*h "RAVI OAS" VJ7 S Oct IMmllMw 1« Mm AM/Mra -CHANCNOAT »J»576 words
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Advertisement527 1987-10-21 20 GOLDEN LINE GUAM GUAM SMfMG (PTE) LTD WMMtft UUM (M IMS) Ft*: MB STRAITS/PERSIAN GULF SERVICE: S»rt PI li OOLOCR RAVER C*«MKaridao«M 90 Oct OOLOER WMOEft Cotanto/Kanda/tM* 11/12 Nw CHINA SERVICE suxia sit**!* m Part CHINA OCEAN SHIPPING CO PEKING I THE PEOPLE'S REPUtUC Of CHINA pjuam DAJINCMUAN 21/N OUAH527 words
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Advertisement318 1987-10-21 20 1 m MM JVM j- ~rii m w a 1 f T a M PHIU-Om€NT LIN€S PT€ LTD P J <■.} »oi s<:s eact/fm east re a m ssmcc u'-ii':. M-: r 1 J'l I lll a/M H/M 3 rsaSc -li ii LAi MM *1 "'■l 1 1 J—ll Srs318 words
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Page 21 Advertisements
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Advertisement583 1987-10-21 21 NEPTUNE AGENCIES PTE. LTD. Ttnmul CfS wi—> P! EU/AUST TPA/SEA S *****3 2W« 271*11 DHUI NEPLINE SON. §HO. MM -S NEPLINE SON. MO. a» NEPLINE SON. IHO —PIBMjBW NEPLINE SON. BHO. 2a84*23Ml INVARO/OUTWARO enquiries iwm EPTUNE ORIENT LINES LTD ri «I 1) a/n (13/11) I*ll (2*11) 22/11 (27/11) 2*ll 2583 words
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Advertisement230 1987-10-21 21 HEUNG-A SHIPPING Korean Flag Vessels OOM»M SEMI CONTAINERISED DIRECT SERVICE TO P KELANG.PENANG BUSAN INCHON r "s V"/ CEYLON SHIPPING CORPN National Line of Sri Lanka FULIY CONTAINER,SFD SERVICE TO COIOMBO ARABIAN GULP REDjEA EC IND' K MPTUNt *aNC £S PTe LTD buu* Te r7* lb* 27*1434 MA A A230 words
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Advertisement664 1987-10-21 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 22M241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS 213K RS ***** RS ***** P. BLANC KMM M/S HANOUMC SYSTEM CO SM BM aiSSRS MAI TNONC SNIPPING 127 Hmm SM. T+mm.664 words
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Page 22 Advertisements
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Advertisement314 1987-10-21 22 SINGAPORE SHIPPING £W CORPORATION (PTE.) LTD. TEL 225 6868 (30 Lines' fAX *****39 *****76 TELEX RS ***** A B SSCMA RS ***** A B SSCAD n VE.B OEUTFHACHT/SEtREEDERFI RQSTCK INTEGRATED FULL CONTAINER SERVICE ~Vl4' LARNACA: Accepting cargo for Lattaki*, Piraeus, Thessaloniki, limtr, Istanbul. Mersw, timessol, Beirut. Aleiandna. Port Said. Iraqi.314 words
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Page 23 Advertisements
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Advertisement194 1987-10-21 23 -ta. ScanDutchV TO EUROPE (NORTH CONTMENT-UK-SCANOMAVIA) WEEKLY 2HV 25/ M 22/* Mflt U «1 H/U 1201 urn HfU am am am am TO RED SEA EAST MEDITERRANEAN WEEKLY i QaKD[QS D ID una i¥* iv» vn» W 2:1! 22.10 ISO |2t/M IMI B T V 8 3BSS Ls b 3BSSC194 words
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Advertisement621 1987-10-21 23 IP UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. cn a n a y y \J a -j oj I Algerian Natton.il Line S PORE LOAMNC FOR M.V. KSAR EL BOUKHARI ayio jaMah/Awo™/ AnnabarTunif M.V. BOUIRA 15/11 Jaddah/Alfer/Oran/ Aimaba/Tunis ALL VES&LS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift 100 tons available621 words
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Page 24 Advertisements
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Advertisement65 1987-10-21 24 DAIICHI CHUO KISEN KAISHA. TOKYO Vessel SHEN SHO MARU V7ll S pore PK From 23/10 2S/10 KASHIMA/ WAKAYAMA HAI SUN HUP CO PTE LTD (Singapore) M S M S<Jn Bhrj (Port K*»anq YUHO SHIPPING FORWARDING AGENCY PTE. LTD. Vessel Destination Eta S'pore Etd Star Treasure Colombo 30/10 2/11 Star Glory65 words
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Advertisement102 1987-10-21 24 CREST EXPRESS LINES LTD U.S.A. EAST. WEST COAST GULF PORTS EUROPE/UK LEHAVRE. HAM, ROT, AWT, BRE lU* PORTs" FM EAST JAPAN. HK. VNH, KOR, BKK *G(NT ASSOCIATED CAMAS I WAKHOU9NE (S) pte ltd. #04 07 noon kk PAUO ROAO SMCAfOK 0W I* *****45 (I IKS) UI: US 2MM ACWA fj.102 words
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Advertisement597 1987-10-21 24 T» v kink I.INKH Sill I*l*l N<» I* I K LTD Wntnn Ai» (J M W-'.ri M.vj '.M' TFI :?-«V I n.- T[ RS fl I'JtP FA -v KI ropk s»;H\ IC I »*u I UU t(U I W m ra far east service i I. '-tnjjTT X Iwi 14?597 words
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Advertisement376 1987-10-21 24 ZIM FULL CONTAINER SERVICE West Coast, Carribbean Ent N. ST. LUCIA. FCULCL cargoes to U HAITI, Port Am Spain, USA East* ttt; >11 n i'.M,ir';,3 ACttPTINS CAMO TO AOtLAIOC VIA MELBOURNE ANO ALSO fa TO GUAM Z~ ZIM EIUT CONTAINER UNE wi. aim uajra. ■gold star linel GOLD MLLA Abtdjin/Apapa/Lafot/Cotonou376 words
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Advertisement552 1987-10-21 24 Everett Lines COMPANM PERUANA DE VAPORES 'PERUVIAN STATE LINE" 5- LOADING FOR CAILAO, MAT ARAN I, ILO* AND AU OTHER (S PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON 6 CPV THROUGH BILL OF LADING TO FINAL DESTINATION. d Nmnf* P. MMC r i>l>l W A MANOLOEVERETT 2/3 Nev R MURRAYEVERETT552 words
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Page 25 Advertisements
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Advertisement131 1987-10-21 25 Hamburg West Germany Tiger Line SSL VOY SIN CALCUTTA KAPHAS CHITTACONC PHELUDC VI u OCT 22-24 OCT 27-31 OCT LOTTE SCHEa V2l 2*21 OCT 27-31 OCT 2 NOV SCttWAKNLANO V 7 23 OCT 4- 7 NOV lotte scmeel v 27 7 nov 13-17 nov u nov PRELUDE VI NOV 11-14131 words
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Advertisement85 1987-10-21 25 PERCH OCEAN LINES (Perfect China Ocean Shipping Lines) CHINA SERVICES Etd. S PORE Etd. PKLG Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI t OTHER PORTS WEEKLY SAILINGS CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELAN6 PORT LOWS AUSTRALIA COLOMBO HONGKONG BANGKOK KEE/KAO USA BREAKBULK CONTAINER SERVICE TO CHITTAGONG. INDIA TAIWAN XINCMENG85 words
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Advertisement163 1987-10-21 25 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE SINGAPORE/JAKARTA VOY SINGAPORE JAKARTA PANJANG ETO ETA RATU KONSORTIUM 50-51 23/10 25/10 27/10 52-53 30/10 1/11 3/11 54-55 7/11 1/11 10)11 27/10 21/10 3/11 5/11 10/11 12/11 104-105 In Pt 22/10 24/10 25/10 25/10 21/10 106-107 28/10 29/10 31/10 01/11 01/11 02/11 106-109 04/11163 words
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Advertisement1206 1987-10-21 25 --/Y.C VESSEL S. RIYADH FEA 040 S. ABMA FEA 032 S. TABUK FEA l SINGAPORE n oct 12 NOV 02 DEC COMPANY OF SAUDI ARABIA REGULAR RO-RO SERVICE TO MIOOLE EAST P KELANC 31 OCT 14 NOV 04 DEC DAMMAM OMIT 23 NOV 14 DEC Accaptim Broafcbulfc, *o/Wo, Contain* s1,206 words
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Page 25 Miscellaneous
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Miscellaneous154 1987-10-21 25 Regional Weather v i. 1 555? i: ns SIGNIFICANT WEATHER AND SEA CONDmONS AT 7.30 A.M. THIS MORNING. Wind direction with speed m knots Wove height LEGEND: R Thunderstorm Temperature n Shower Weather Wind direction with speed m knots Rain v_/ Cloudy Sky Wove he, 9 ht Surface winds ore154 words
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Page 26 Advertisements
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Advertisement295 1987-10-21 26 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Linrs) TLX RS ***** 8. RS ***** \M I k\ I \K I l\l K I I) STRAITS/JAPAN/STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFTS NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN t CHINESE PONTS, SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE295 words
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Advertisement374 1987-10-21 26 COLUMBUS LINE REEDEREI GMBH \XW (A SERVICE OF HAMBURG SUD) \V EXPRESS S£M-CONTAfCR SERVICE TO SPORE PRO-ATLANTICA VIS 25/10 MORAYBANK V4S 13/11 To Port Hornby, Lm Rabaul.Madang, Kimbe, Kieta and Alotiu Accepting via Transhipment to Orobay and Wewak AhiicA Occam Liwcs Ltd. VESSEL EFESSOS ETA SPOIIE 5/11 Accepting FCL, LCI374 words
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Advertisement216 1987-10-21 26 0.77? inSHEI WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY ETD S'PORE ETA KEELUNC CON-CARRIERS IM7 21/10 27/10 CON-CARRIERS 17/17 27(10 2/U CON-CARRIERS 11/17 4/11 I*ll WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETD S PORE ETA SYO ETA MELB CON-CARRIERS 23/S7 21/10 12/11 10/11 CON-CARRIERS 24/17 21/10 U|U Qfu Alto216 words
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Advertisement753 1987-10-21 26 m call us atp. kelang 2 r PENANG Zyj-F 1 J BAHRU P. GUDANG mmmm 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 TO EUROPE FEEDCR E22E3 BUTANC M 7 B. BUTANC 30 B BUTANC Ml OTHER DESTINATIONS AARHUS AMSTERDAM753 words
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