The Business Times, 22 October 1987
1987-10-22
1
26
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The Business Times
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Title Section11 1987-10-22 1 BUSINESS TIMES MCI (P) 112/12/86 THURSDAY, OCTOBER 22, 1987 75 CENTS11 words
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Article61 1987-10-22 1 Overseas markets HK Hang Song Index Supmdfd Tokyo NMikoi Avorago *****.4 2037.32) Sydnoy Al-Ontem lw 1570.6 21.1 TmiJo; Now York (Dow Jonos) 1841.01 (+102.6) London (FT 30 Indox) 1439.2 (-190.0) (Wodnotday noon 1491.0 +51.8) Qold price» London (afternoon fix) U*****.00 U552.35) Prims lending rsts 6*29% (avorago of61 words
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170 1987-10-22 1 Reuter THE PRICE of gold rallied yesterday, but only a little, after dramatic falla on Tuesday. Qold began in Zurich at U*****.55 an ounce, US$l.3O above Tueeday's closs. But it was down about US$l3 on Tuesday morning. Dealers reported increased demand for goldReuter - 170 words
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Article875 1987-10-22 1 ALAN LEE - The Singapore stock market expected to move in tandem By ALAN LEE THE SINGAPORE stock msrkst. closed yesterday for Despavali, is expected to staoe a rebound, albeit mild, today in line with the sharp recovery yesterday of the Tokyo and London markets which in turn was triggered by875 words
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Article63 1987-10-22 1 US STOCKS opened higher over s brosd rsngs ysstsrdsy. A riss in bius chi pa wss bscksd up by gsins in world markets, particularly the 83 per cent recovery in the Tokyo slock msrkst Just 86 minutee after opening, the Dow 30 waa up 158.99 points, at63 words
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Article57 1987-10-22 1 Reuter EARLY GAINS were conaiderabiy radiuei at mk»*aeeion on the London Stock Exchange after a strong opening yeeterday. At mid-day, the Financial Times industrial ahare index waa up 51.8 points at 1,481.0 points, after a peak of 113.7 at 1100 hours. The Footsie 100-ehare indexReuter - 57 words
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629 1987-10-22 1 WILLIAM CHIA - By WILLIAM CHIA A LOCAL popiah skin maker expects annual sales to rise by as much as $12- million now that it has scored a breakthrough in the huge food market in Japan. Mr Goi Seng Hui, the629 words
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Article105 1987-10-22 1 Reuter HEAVYWEIGHT investment advisers from around the world met in Hongkong yesterday for a major money exhibition in the shadow of huge falls on global stock markets. But few locals showed up for the event. "It's very difficult to give them clear advice at theReuter - 105 words
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Article426 1987-10-22 1 Agencies HONGKONG'S Financial Secretary Piers Jacobs has raised the possibility that a controversial four-day suspension of trading on the Hongkong Stock Exchange could be lifted early if world financial conditions improved. The decision on Tuesday morning to suspend trading on the Hongkong stock exchange untilAgencies - 426 words
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Article, Illustration241 1987-10-22 1 Reuter THE BIG LOSERS in Wall Street's plunge on Monday included several people who only last week were sitting pretty at the top of Fort>m magazine's list of American billionaires. The richest of all Arkansas retailer Sam Walton saw his familyReuter - 241 words
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Page 1 Advertisements
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Advertisement182 1987-10-22 1 rmssn Nutritional supplements for the whole family S gfrfid How to get ahead' without ending c up in deep waters, ay if you're thinking of expanding your business, GPF has the scheme to help you avoid the problems accompanying growth. Our Small Induttriei Finance Scheme (SIFS). A low cost financing182 words
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Advertisement289 1987-10-22 1 BACK PAGE i I FOCUS: PAGE 13 No troutoti. My brokors Tough NYSE curlM on MMng UHMOO mm WIDER interest rote relief may be around the corner, judging from the moves by Chemical Bank and Marine Midland Bank to cut back their prime rates to 9.25 per cent after a289 words
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Advertisement88 1987-10-22 1 K Melwani, exclusively male v •S f V< V w LU SKB*"J£p»« Itnpo^ji^dbte» n< 2i?Snsu«s. Bally- and f**® ihe rr>an l «*>< have" —•"«»< *02-14/15 Shaw Centre W: *****42 *01-26/27. Specialists' Centre t* *****54 Opening hours MonOay to Saturday 10am to 7pm. Sunday and Public HofcOays 10 30am to 588 words
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MONEY AND EXCHANGES
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Article, Illustration607 1987-10-22 2 NYT US BANKERS, already nervous about encroaching competition from brokers, retailers, car makers, and others, have a new worry: the outlook for the US economy. In interviews, top bankers attending the annual convention in Dallas of the American Bankers Association said their themeNYT - 607 words
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492 1987-10-22 2 UPI THE DOLLAR closed sharply higher on Tuesday in a continuation of an overnight rally ■parked by comments from US and West German monetary officials that recent differences had not weakened an exchange rate agreement. Gold and silver closed sharply lower. Against theUPI - 492 words
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Article140 1987-10-22 2 TuMdoy. October 20 1987 EURODOLLAR (IMP) 1 M* )m IT oafe IN M Man NVp* Lav M •900 ■990 17M 165 4A 9 9000 1309 119 10 •A 6 9030 •2t 77 1M 13 14 9)00 4M 41* 49 381 30 31 9129 M 31 33 SIB 39A 44140 words
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Article149 1987-10-22 2 Gold futures on Oct 20 8 I ounoas; US* par troy ou n Open Lot %cm Oo 470.00 470.00 453.00 463.20 -18-50 No* ***** -19.30 Ok 478. JO 479.00 459.00 467JO -19.30 Nb M 487.00 488.40 464.00 473.70 -2040 495.00 495.00 ***** 490.10 •22.30 Mm 501.00 901.00149 words
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Page 2 Advertisements
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Advertisement204 1987-10-22 2 Bf 1 ll Each week Yaohan ia giving away HOT CASH of $20,000 to the lucky winner. For a succession of 3 weeks, 3 lucky persona will receive cash of $20,000 each. For the not-so-lucky persons, you may walk away with one of the 100 consolation prizes in the HOT204 words
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Advertisement67 1987-10-22 2 Is w A jf vT Friday, 23 October Margaux Ballroom (lobby level) 9.30 pm Four a ward-winning soloists In an evening of trombone classics Wine, dine and enjoy $75-*"*- (le Restaurant de France) $40++ (la Brasserie Georges) $15 netl (non-diners, first drink) In association with Alliance Francaise. For reservations, please67 words
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BANKING AND FINANCE
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522 1987-10-22 3 UPI THE MOVES BY Chemical Bank and Marine Midland Bank to pull their prime lending ratea back to 9.25 per cent after a short-lived rise to 9.75 per cent could signal wider intereat rate relief. "There is no need for primeUPI - 522 words
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232 1987-10-22 3 AP THE US STOCK MARKET'S collapee may have left many in the financial world badly shaken, but it haa brightened the outlook on intecest ratea, bank officials say. ''The Fed is not going to tighten credit policies in this environment," Thomaa Q Labrecque,AP - 232 words
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599 1987-10-22 3 FT Reuter NEWS ON TUESDAY of a very substantial riae in bank lending in September had little impact on UK financial marketa too engroaaed by international events and another extraordinarily volatile day on Wall Street. According to figures releaaedFT; Reuter - 599 words
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Article, Illustration318 1987-10-22 3 AFP PERU ON TUESDAY began expropriating five of the 10 banks that were recently national teed along with 23 financial and ineurance companies. The Mercantil Bank, Latino Bank, Lima Bank, Financiero Bank and Bank of Construction Development were the inatitutions the government movedAFP - 318 words
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247 1987-10-22 3 Reuter SOUTH KOREA S National News Agency predicted that this year's current sccount surplus would near US$lO billion amid signs of continuing high world demand for the country's cheep cars and electronic goods. Bank of Korea officials would neither confirm nor denyReuter - 247 words
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Page 3 Advertisements
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Advertisement211 1987-10-22 3 SfcV-'i '..J v •fTW >*? '•ff 5 ji£~ "V' rig V perfect approach to the runwa Paris, France There was only one way to approach the Paris runways I knew the Spring Colle«ions would flatten me like a steamroller, and I needed all the help I could get. I This211 words
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ASIA – PACIFIC
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Article, Illustration415 1987-10-22 4 AFP NYT THE REFORMIST team surrounding Chinese leader Oeng Xiaoping is expected to push for an acceleration of the country's economic reforms at the upcoming Chinese Communist Party congress, analysts say. The push comes at a time when China is suffering from serious economicAFP; NYT - 415 words
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206 1987-10-22 4 Oana/Bernama INDONESIA'S ruling party. Golongsnkarya (Golkar), celebrsted its 23rd anniversary on Tuesday with the hope of strengthening its hold on handling the destiny of the nation. Golkar, which won a landslide victory in the April general election and in the previous three electionsOana/Bernama - 206 words
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Article290 1987-10-22 4 Bernama MALAYSIA'S Culture and Tourism Ministry plans to encourage residents living in tourist spots to build chalets or rooms for rent to visitors so Malaysiana can benefit from the growing tourist industry. Minister Datuk Sabbaruddin Chik on Tuesday said the ministry was in theBernama - 290 words
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221 1987-10-22 4 Bernama THE PHILIPPINES has to borrow about US$7.7 billion over the next six years to ensure economic growth, Economic Planning Secretary Solita Monaod said on Tuesday. The central bank reported to the Senate Finance Committee a US$l.9 billion increaae in the net resource traneferBernama - 221 words
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155 1987-10-22 4 Reuter THE US may lift an additional US$64 million in trade sanctions against Japan later this month, Reagan sdministrstion officials said on Tuesday. President Reagan imposed US$3OO million in sanctions on Japanese goods last April tor Japan's failure to honour a 1086Reuter - 155 words
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Article276 1987-10-22 4 Indian drought aid pours in Reuter INDIA'S disastrous drought has prompted some of the world's richest countries to provide food aid and concessional loans, diplomats said on Monday in New Delhi. "There is plenty of goodwill around as far as India is concerned,*' said one Western diplomat who estimated NewReuter - 276 words
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Article100 1987-10-22 4 AFP THE PHILIPPINES registered a US$263 million balance of payments surplus in the first eight months of 1967. Citing Central Bank (CB) sources, press reports said in Manila on Tueeday that the surplus hit US$79 million in the first half, gaining US$4 million in July andAFP - 100 words
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Page 4 Advertisements
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Advertisement180 1987-10-22 4 \f Fleet Card cb r r f pir f fyO*te i j jj 't c-1 t toL Here's What They Say t-' 4? M i -j i j Consolidated Hotels S 1 I Vr i Mobil Fleet Card is very convenient with excellent control features IT'S FAR BETTER THAN THE180 words
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Advertisement111 1987-10-22 4 QUALITY BEFORE YOUR r lit Wmm f K wmm il We have6oosolutions for ewary eye condition. SI The ways of correcting vision defects are as varied as the defects themselves. That is why we have 600 lens types in over 50,000 versions: multifocal progressive, anti-reflection, self-darkening Colormatic, Perfacokx filter, splinter-proof111 words
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Page 4 Miscellaneous
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Miscellaneous27 1987-10-22 4 Doonesbury 5~5-S0! (UHfiTPOfiB HME LEFT* FOURTEEN CHARACTERS IN SEARCH OF CHARACTER! 000Q HUNTING, dOtSi^^ I AM NOT n~> m A m I*4 I W iv I f/r<27 words
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Miscellaneous99 1987-10-22 4 23/07 CMy 13/06 Cloudy 23/14 Oowdy 32/25 Omt 33/26 Sumy 12/04 Oewdy 28/21 Oowdy 15/09 Oowdy ft Hongkong 28/25 Oowdy ftfr, 'u, HonoMw 32/24 Omt Wamabod 26/11 Ooar btanbut 18/13 Oowdy T* 7* Jakarta 34/25 Swny Jorutaiom 23/13 Ooar Sa*^< Jo "burg 21/10 Omt Sao to Ww* 12/02 Oowdy Saawl99 words
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REST OF THE WORLD
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303 1987-10-22 5 AFP EUROPEAN COMMUNITY foreign ministers in Luxembourg on Tuesday failed to reach agreement on a plan drawn up by European Commission president Jacques Delors to boost the EC budget while maintaining some form of spending control. Diplomatic sources said after the end ofAFP - 303 words
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Article776 1987-10-22 5 ARRIVALS Operator Sorvtct numbor Local time From AC AC858 0925 YYZ/LH8/80M SU SQ103 0950 KUL CPA CX710 1015 CGK MAS MH603 1020 KUL GiA GA975 1055 CDG/AUH MA ***** 1100 IWN GU GA960 1100 CGK SU SQ105 1105 Km SiA SO 20! 1145 CGK SU SQ191 1155776 words
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244 1987-10-22 5 Reuter EGYPT, boycotted by most Arab ststes for its 1979 peace accord with Isrsel, will return very soon to the Arab League, a senior Gulf Arab official was quoted on Tuesday as saying. Ibrahim al-Subhi, former assistant secretary genersl for political affairs stReuter - 244 words
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516 1987-10-22 5 AP THE SOVIET UNION'S nominal parliament on Tuesday approved a higher 1968 budget in support of Mikhail Gorbachev's goal of increased social spending. The revised budget is 153 million rubles (US$225 million) more than was originally called for in the 1988 budget. A 487.9AP - 516 words
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241 1987-10-22 5 AP FOR THE FIRST TIME In five years, factory workers in West Germany, Norway and Switzerland received higher hourly pay than workers in the US. According to the US Bureau of Labour Statistics, the average hourly compensation inAP - 241 words
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Page 5 Advertisements
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Advertisement195 1987-10-22 5 f I If \l g§ \rV If llf The business person's choice, every I 1 II 111 I Tuesday, Thursday, Saturday and I 1 /IX 1 fl I 1 I Sunday. Leaving Changi Airport at X WyJ. 1 22:05 hours and arriving at Lester B. Pearson International Airport the following195 words
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Advertisement165 1987-10-22 5 They'll b wearing red carnations. United's New First Class Concierge Service. Now when you take an international flight in or out of Singapore, one of the first sights you'll encounter is a red carnation, in the buttonhole of a United Concierge. Our new Concierge Service includes meeting First Class passengers.165 words
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COMMODITIES
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414 1987-10-22 6 AP CHINA'S grain production a crucial statistic in domestic politics as well as in feeding the nation s one billion people has recovered from a two-year slump, the Xinhua News Agency reported on Tuesday. Agriculture officials have predicted the 1987 grain harvest willAP - 414 words
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Article110 1987-10-22 6 Bernama THE International Natural Rubber Organiaation (Inro) council has adopted an administrator's budget of M 53.04 million for 1966 Deputy executive director Dieter Stipel also said at the second day of the Inro meeting in Kuala Lumpur on Tuesday that the council had agreed that theBernama - 110 words
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237 1987-10-22 6 Reuter MINING GROUP Boliden AB said it had agreed with Saudi state agency General Petroleum and Mineral Organisation (Petromin) to open a gold mine in Saudi Arabia to exploit one of the world's richest deposits of the metal. Boliden spokesman Goran PaulsonReuter - 237 words
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Article87 1987-10-22 6 INDONESIA'S state oil company Pertamina and the Japanese company Japex North Sumatra Ltd announced the discovery of oil and gas in the waters off the eastern coast of Aceh, north Sumatra. The two companies said on Tuesday the wildcat well GOS IA-1, drilled to a87 words
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Article132 1987-10-22 6 WHEAT futures in Chicago posted modest gains at Tuesday s close with prices up US cent to 2% cents per bushel. Spot December ended 1% cents higher at U552.96% while distant December was the only contract to record a loss, falling 3.0 cents. Traders said prices, which were lower132 words
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Article137 1987-10-22 6 SOYBEAN futures rallied sharply at Tuesday's close with prices up 11% US cents to one cent per bushel. November settled 11% cents higher at U555.35, after making a session high of U555.37%. Heavy commercial and professional buying, after November broke Monday's low closing level of U555.23%, sparked the lySoy137 words
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Article322 1987-10-22 6 London London Metal Commodity Exchange Bvy#f/S#So< doting prices on Oct 20 (£/tonno uniot* tpodfiod). Pr»viowi doling pric*t In pOfffNtltlii Exchange Afternoon mmkon dosing lone and prtcm on Oct 20 (£/tonne). Prtvioui dosing prices and totol wies in porenihesis CoffM (ash in-t»oro London, wllon option OF London No* 1310/1312322 words
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248 1987-10-22 7 Reuter AN AUSTRALIAN government minister said in Kuala Lumpur on Tuesday he believed progress was possible on reducing large farm subsidies paid by the European Community (EC) and the United States. Michael Duffy, Minister for Trade Negotiations, said a scheme to reform the community'sReuter - 248 words
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82 1987-10-22 7 Bernama THE Malaysian Timber Industry Board has been commended by the Japan External Trade Organisation (Jetro) for its role in disseminating information on the Japanese market in Malaysia and for promoting Malaysian products in Japan. Jetro said on Monday that the Malaysian board wasBernama - 82 words
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242 1987-10-22 7 Reuter EUROPEAN COMMUNITY foreign ministers endorsed on Tuesday a plan to reform world food trade that would preserve the bloc's much-criticised Common Agricultural Policy, diplomats said. The policy's costly handouts to EC farmers and exporters have been blamed for the mountainsReuter - 242 words
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274 1987-10-22 7 Bernama A SABAHAN COMPANY has secured a Msls million contract for the supply of sawn timber to the China Timber and Export Corporation. The agreement was signed in Beijing on Tuesday and was witnessed by Sabah Chief Minister Datuk Joseph Pairin Kitingan who isBernama - 274 words
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661 1987-10-22 7 Bernama ES THE EUROPEAN Community has submitted concrete proposals to reduce tariff and non-tariff barriers on certain tropical products at the fourth round of talks by the General Agreement on Tariffs and Trade (Gatt) negotiating group on tropical products. "The EC, by takingBernama ES - 661 words
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380 1987-10-22 7 AP PRECIOUS METALS, livestock and orange juice futures prices plummeted and interest-rate futures rose sharply on Tuesday as America's commodity markets reeled in reaction to the volatility on Wall Street. On other major markets, grain and soybean futures climbed higher, and energy futures wereAP - 380 words
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146 1987-10-22 7 AP SOVIET PURCHASES of US com and soybean meal helped push most grain and soybean futures to s higher close on Tuesday on the Chicago Board of Trade. Soybean benefited the most from the news, with heavy buying spurring the nearby November contract to aAP - 146 words
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Page 6 Advertisements
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Advertisement468 1987-10-22 6 tf *>. '3 T mm *s > sr* >/_ m* c. Jg|gr j» f "1 ■fc dT>" r~ fcfc ts4 <*«» r* 2 V 0 1-v -A <« r 5^ On j v*. a£ «>L -V T7 U- 7 "'•J* Z*&SZr- r V >• -4r HP 9V x= '«±mm fc*468 words
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Advertisement80 1987-10-22 6 m Japanese Restaurant S r+ Choose from Kampachi's exquisite Japanese Set Lunches The lofty prices and unfamiliar assortment of Japanese cuisine are common deterrents to many a diner. At the Kampachi, we are glad to offer you 6 different sets of Japanese lunches. Priced at only $16+ per set, they80 words
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Page 7 Advertisements
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Advertisement157 1987-10-22 7 COLOR VIDEO PROJECTION SYSTEM COMV KP- 7222P5E vkiiv FEATURES Projects TV pictures on a large screen: 72-inch measured diagonally. Remote control color video projection system. Operates 7 meters away from the P f °i eclor V 1 The projector is designed to operate J directly from your seat. The projector157 words
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Advertisement122 1987-10-22 7 arami s The plau-fo-win umbrella. a v W- :<• Your free gift with any $35 purchase of Aramis, Aramis 900 or Aramis Devin. Ifs red. If s black. If s great all over. It's classic symmetry dressed in elegance. Preparing you for dark clouds and rolling thunder. The Aramis Umbrella122 words
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PERSPECTIVE
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Article480 1987-10-22 8 NEW TECHNOLOGY BRINGS with it benefits as well as problems. Both attract much attention, but given time, society learns to enjoy the benefits and live with the warts. In that context, is nuclear power an inevitable alternative that will gain wide acceptance in Third World countries?480 words
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623 1987-10-22 8 HONG K P - Japan's 35-year-old practice of fingerprinting resident aliens, some of whom have lived in the country for decades, is arousing a fresh spate of criticisms, hunger strikes and street protests. K P HONG looks at why opposition continues despite a number of changes made toReuter - 623 words
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Article, Illustration666 1987-10-22 8 Reuter THE DALAI LAMA has picked the infant son of a poverty-stricken sweater salesman as the reincarnation of his beloved teacher with the help of two tiny flour balls. Tenzin Choephak. aged 21 months, was enthroned this month as theReuter - 666 words
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Page 8 Advertisements
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Advertisement190 1987-10-22 8 > W /h When you buy a MITSUBISHI GRLRIW you'll run into some nice surprises. WE BACK OUR CARS FOR LIFE Now when you purchase a brand-new Mitsubishi Galant 1.6 GLS from us you're privileged to all these: FREE sports rims and tyre change A Blaupunkt Melbourne SQR 26 radio190 words
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Advertisement427 1987-10-22 8 Fabrics Garments Shoes Accessories (TRADE ONLY) November 10th to 12th, 1987,1.00 p.m. to 6 p.m. at the Century Rark Sheraton A® Singapore For the eighth consecutive year, leading designer* and manufacturers from Austria will present the latest fashion materials and accessories to buyers and agents *1 South East Asia. A427 words
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Page 8 Miscellaneous
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Miscellaneous636 1987-10-22 8 CRYPTIC PUZZLE 1 Has he a job to be himself? (6) 7 Jogging with one of the higher members (8) 8 Walk in floppy fashion? (4) 10 Handy covers (6) 11 Otto's upset about mum producing fruit (6) 14 His patients tell him nothing (3) 16 Would March the tenth636 words
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PERSPECTIVE
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Article, Illustration750 1987-10-22 9 SIMON HAYDON - Attention in the aviation industry is now directed beyond the supersonic aircraft to the hypersonic aircraft. Hypersonic aircraft will transport passengers to their destinations through space and planners believe their craft will eventually circle the globe in five or six hours. And this vision couldReuter - 750 words
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Page 9 Advertisements
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Advertisement510 1987-10-22 9 GOOD Wait no more. Because with 1 the Acer LP-75, you get a laser printer that meets and even surpasses the standards set by the industry leaders. Consider the LP7s's memory 1.5 MB standard. Which means you print an A 4 page of high resolution i type, halftones and sophisticated510 words
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Page 9 Miscellaneous
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Miscellaneous55 1987-10-22 9 Hil/fAIN IdIr'AWO flit *rrn im WOT rM flats M s M JJCJIJJHQJ MM 1 M kM i *4 MM fc a Mi □u ss y i,,l filw i ii liiH Hk« mK tsm. I c s M Ml Ml X 133 m m •M s Hi I? Si m 3155 words
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SPORTS & LEISURE
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Article, Illustration303 1987-10-22 10 BACKACHES can bo a pain but for Tammy Griffin, it was worth a lot of money. The 40-year-old golfer, forced by a backache to use a longer club, reaped the full benefits when she shot a hole-in-one in the Diners Club golf tournament303 words
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Article426 1987-10-22 10 CHERRIE HOLDER - By CHERRIE HOLDER IN AN ERA of kill or be killed strategies in one match and baseline blues that tend to hypnotise spectators in the next, yesterday saw the art of tennis return to its purest form. With the pavilion at the Hollandse Club packed426 words
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278 1987-10-22 11 UPI FUZZY ZOELLER sank a 25-foot birdie putt on the final hole on Tuesday to eliminate Masters champion Larry Mize and capture the U*****,000 PGA shoot-out championship in Tuzson, Arizona. After Mize slid his 35foot birdie attempt by the left side of the ninthUPI - 278 words
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685 1987-10-22 11 AP VINCE COLEMAN s tworun double in the seventh inning rescued St Louis from the brink of World Series elimination and rallied the Cardinals past Minnesota 3-1 on Tuesday night, cutting the Twins' lead to two games to one. No team hasAP - 685 words
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Article514 1987-10-22 11 Walton Morais - "frankly speaking,... -I* Walton Morais AT 38 YEARS OLD. Larry Holmes will be attempting the impossible when he climbs between the ropes to take on mean Mike Tyson for the world heavyweight boxing championship in January. Impossible because not only will Holmes be fighting against514 words
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Article, Illustration344 1987-10-22 11 UPI JIMMY CONNORS shrugged off the pain from fractured bones in his foot to trounce fellow-American Marty Davis in the first round of the U*****,000 Super Grand Prix tennis tournament on Tuesday in Tokyo. Fourth-seeded Connors, who said he had been troubled by fractured sesmoidUPI - 344 words
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667 1987-10-22 11 UPI WE ARE suddenly awash in psychological mysteries worthy of lengthy investigation and debate, not the least, of course, being the business being conducted on Wall Street. What makes a group of normal citizens go into a panic and bring about theUPI - 667 words
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143 1987-10-22 11 AFP STEPHEN HENDRY whipped former saddle salesman Jimmy Chambers in the fourth round of the Rothmans Snooker Grand Prix in Reading, England, but the 5-1 margin failed to satisfy the Scottish prodigy. "I never played well today," said the 16-year-old onAFP - 143 words
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Page 10 Advertisements
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Advertisement981 1987-10-22 10 T\ l i I Have a carnival time of great German fare, beer-drinking, lucky draws, games dancing! Be entertained by 10 fabulous Bavarian musicians from West Germany. Free Vi litre beer in a mug each for first 150 patrons. Co-sponsor V: dj. 1 4 A COSY, INFORMAL CONTINENTAL At Blooms981 words
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Advertisement123 1987-10-22 10 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 charge and J% govt tax. The management123 words
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Page 11 Advertisements
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Advertisement433 1987-10-22 11 \J> A. V K 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, Westin Stamford. Reservations: 338433 words
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Advertisement194 1987-10-22 11 umui coßpaßamn BeßHao (Incorporated tn Malaysia) CAPITAL RECONSTRUCTION SCHEME comprising A SCHEME OF ARRANGEMENT A RIGHTS ISSUE BY UMW HOLDINGS BERHAD EXPLANATORY NOTES TO NOTICE OF CLOSURE OF BOOKS DATED 16TH OCTOBER 1987 Shareholders of the Company are hereby advised to take note of the following explanatory notes regarding the194 words
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Page 11 Miscellaneous
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COMPANY NEWS
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Article, Illustration472 1987-10-22 12 ELAINE KOH - By ELAINE KOH RALEIGH BHD, which acquired a 45 par cent stake in Prudential Assurance earlier this month, has declared for the first time a strategic 24.9 per cent stake in plantation company, Taiping Consolidated Bhd. The bicycle manufacturer turned property developer has been472 words
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Article3386 1987-10-22 12 The following are Tuesday's SES prices. Ths SES and KLSE wars closed yesterday for Deepavall. 1M7 High Low LaM Sato or0r*8 DM DM C*w Or*o rid 31 Vol COS®) Day High Low SECTION ONE MOUSTRIAL COMMERCIAL 275 96 308 600 250 426 166 246 207 466 80 406 706 7203,386 words
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162 1987-10-22 12 Bernama ES THE EXISTENCE of Quia Perak Bhd, still under receivership, will be jeopardised if the company's proposed financial reconstruction scheme is not implemented by the end of the year. Chairman Haji Salim Bin Tan Sri Osman said because of this it hoped allBernama ES - 162 words
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Article93 1987-10-22 12 Bernama ES THE KUALA LUMPUR Slock Exchange has revised the offer price of all securities to be bought-in (or contracts done on "immediate delivery basis." The revised offer price will be 25 per cent above the share's last recorded sale or the last buying bidBernama ES - 93 words
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Article893 1987-10-22 12 CUK b books Don ToM tar ToM tar L l drto ctoaa poyoMa Rio yoor loM yoor A CKoipiboi Sap 25 Oct 9 Oct 27 4% 3% I Auttrol Amol '3% Oct 26 Nov 7 Nov 25 15% Ayor IWtuwi Rub 17H%U Oct Oct 23 Nov 23 '7*%893 words
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Article127 1987-10-22 12 Company RIGHTS ISSUE OCBC Ow-kx-Kn |300 P*r thor« Ex-dot*. Oct 28 Shangri-la Books CKHT NOV > On*-for-l*A $4.50 P*r ihori Ex dot*: Oct 22 nn L, r| ni> Kir\w 1 U f f dooq ooit: nwv j Fi»*-fof-on* at $025 par par hor* Ex-dot*: Oct 2B kob dot*:127 words
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Article458 1987-10-22 12 Company RIGHTS ISSUE Ayer Hi torn Tin Three-for-on* 290 per shore Bonvests Hldgs 43.54 Million 6% unsecured loan stocks with warrants in the ratio of $1 loon stock lor every 5 shores held at $1.70 per shore C 1 Holdings 27 aiHioA loon stocks in the ratio of458 words
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Article270 1987-10-22 12 Manog*fV pricos for Oct 22 Singapore Unit Trust Tfca Co—1 ic* IjOO Ij07 Tt» Savmgi Fund 087 093 Spot frog Kind 039 043* S'por* Soc Fund 044 071 S'por* Inwt Fund 0.71 07* S'por* Equity Fund 050 014 Asia Unit Trust Mai Inwe Fund 1.33 1 40 Mai270 words
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Article175 1987-10-22 12 TRACTORS MALAYSIA Holdings Bhd: 22nd AGM at the Bunga Kenanga, Pan Pacific Hotel, Jalan Putra, ***** Kuala Lumpur, today, Oct 22, at noon. BERJUNTAI TM DREDGING Bhd: 46th AGM at the PNB Theatrette. 2nd Floor. Menara PNB. 201-A, Jalan Tun Razak, ***** Kuala Lumpur, Malaysia, tomorrow, Oct 23,175 words
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Page 12 Advertisements
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Advertisement37 1987-10-22 12 H long Bee HMwJ Flnanc# Co Ltd FIXED DEPOSIT r <<>•* tt Hire Purchasi Mistrial and Conmrcial Machinery Ccnstrnctinn Equipment Properties Share Leens 116 Middle Road #03-01 ICB Enterprise House Singapore 0718 z Tel: *****61, *****04, *****87 437 words
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FOCUS
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Article, Illustration932 1987-10-22 13 WHE CRASH OF 1987 Reuter LHMGING SHARE PRICES are jMb the world economy a bad wounding shock. j*4Konomists say that, unlike it does not necessarily bnHa new Great Depression is add however that govSmm nte must heed the lessons Tilling share pricesReuter - 932 words
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Article514 1987-10-22 13 NYT I IRK Stock Exchange harp restrictions on ling, in the first mai effort to curb the computer-assisted elling that many berated the market's day. ket officials insisted ted solely to avoid the exchanges :omputer system, tretched to the limit esday by a trading oreNYT - 514 words
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Article, Illustration545 1987-10-22 13 Reuter > WALL STREET'S top decUfltlOS houses hsve denied fed wef# harmed by the New Yont stock' market's historic on Monday. Goldman Sachs o0 rumours that it was injntap by offering US$l billion |pt{( ailing mutual funds ttWMĔmhm Lynch said it would US$l25Reuter - 545 words
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Article328 1987-10-22 13 Reuter STOCK EXCHANGES ■il<LfcilM> age houses in the US ily mIL computer systems Rave strained by the trading triggered by the WĔh market collapse approeoWSo» a billion shares —Jail twnw swv vived the ordeal. While the financial indusVVk high-tech resources have M# able to handleReuter - 328 words
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410 1987-10-22 13 Reuter HUGE SUMS of money are vanishing into thin Air as world stock markets pluftie money that will never be apent, or Wnt, and whose disappearance could threaten the financial heeMh of companiee around the world. "It's been a massive loss erf wealth,'' saidReuter - 410 words
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492 1987-10-22 13 Reuter I NTERESrßATßgflfcvnd the world are poised to fdßftl Central banks try to buffer ifcelr economies against the de4fctf6**ry impact of crashing stock pricai, economists and dealers Saltf on Tuesday. Just days ado, the arch enemy was inflation flMdenly.Reuter - 492 words
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159 1987-10-22 13 AFP the awrnsH ecqwiiYjgllfp»^ precedented falia on ftatfiw** markets in tondonanO^WrQb{Exchequer NigelTavawniiiyfr i i m ral SOVwiRI Taa j The British si mlfc J a i. growing lanir uifi major economy Ih the iSHßcffe day and there aft no teraF aaid. "The ecomniik 'pSmS3 wont inAFP - 159 words
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92 1987-10-22 13 Mahathir KL prices not badly hit Bernama MALAYSIAN Prima MMm/L Datuk Seri Or MJhafhlr MAt mad said ya«lardaMlWt*#rt*| and me Mslaysian Mock {nafflß had not bead hit badly kmomm tha fall in stock price* iaJm world market. Mi In tact, many foreign frjjP tors considar "our share prUM tow andBernama - 92 words
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Page 13 Advertisements
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Advertisement160 1987-10-22 13 The University of Melbourne Graduate School of Management Postgraduate Diploma in Management Studies he Graduate School of Management is a national management 3hool offering postgraduate management education of the ighest standard. Applications are invited for enrolment in its Postgraduate Diploma in Management Studies program of 1988 This is an eight-month160 words
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Advertisement101 1987-10-22 13 APPOINTMENT E 1 r*» SUN HUNG RAI SECURITIES PTE LH> INSTITUTIONAL SALES invites candidates to work as a team develop/service regional clientele in Singapore, Malaysia and+iong Kong securities. We back you up with resources and provide the environment. Are you capable of hardwork to excel? Our requirements are:- r INSTITUTIONAL101 words
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REGIONAL MARKETS
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Article, Illustration418 1987-10-22 14 USs4ob project to tap gambling haven's tourist industry NYT AN AFFILIATE of Japan Air Lines (JAL) will begin running a high speed, magnetically levitated passenger train from downtown Las Vegas to the city's casino strip by summer 1989, a company spokesmanNYT - 418 words
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499 1987-10-22 14 Reuter SHARP REBOUNDS by the New York and Tokyo stock markets have failed to quell worries that further falls may be around the corner, market brokers and analysts said in Tokyo yesterday. "I don't think that anyone is convinced byReuter - 499 words
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376 1987-10-22 14 AFP FUTURES BROKERS In Hongkong are jittery over the possibility of massive bad debts if stock prices continue to dive next Monday after a four-day suspension, financial analysts in Hongkong said yesterrfay. "There is going to be s run on these broking firmsAFP - 376 words
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4209 1987-10-22 14 I no ices Oa 19 Oct 30 NST MakWi 1917.57 1723.13 NST Fhonct 3007.96 2747.79 NSTHMb 603.47 602.21 NST *****0 960.36 NST Tk* ***** 403.12 NST I CubtMf* 2390.39 *****9 f Falls UN 1300 -270 Paril P*rafc 1000 -200 Mow4,209 words
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Article491 1987-10-22 14 AFP SHARE PRICES on the Tokyo Stock Exchange posted their biggest sin-gle-day rise ever yeeterday, buoyed by an overnight rally on Wall Street and the recovery of the US dollar against the yen. The Nikkei etock average of 225 selected iesuee regained more than half of Tueeday's record toesAFP - 491 words
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Article399 1987-10-22 14 UPI THE AUSTRALIAN stock exchange staged a shaky recovery yesterday in a roller coaster ride that finished with the market recouping 1.2 percent of Tuesday'a worst-ever 25 percent plunge. At the close, the key market indicator, the All Ordinaries Index, closed 21.4 points ahead to 1,570.6, after being upUPI - 399 words
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Article144 1987-10-22 14 Reuter THE SECURITIES Exchange of Thailand Index plunged 36.64 points to 422.37 on a turnover of 15,369,789 shares worth 1,003.08 million baht. OCT XI BAHT Ao Kham Thai Ayudhya tnoaatmai lit 580 -8 Bangkok Aground Dini 140 MQ -16 .1* MnyKOK DBtM........ Bank Of Ayudhya Charoong That Wii <M>Reuter - 144 words
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Article241 1987-10-22 14 Kolin 43 10 -4.5 OCT >1 All Sincara Indus... Asia Camant Camay Com Chang Hwa Bank. *T 3 80 73 50 -02 -7 •05 -13 •0.5 Kuochan Dav Laa Chang Yuan Cham Inoua Lian Hwa indua Nan Ya Plaa 60 SO 36.30 4610 75 50 •6 -2 -24 -7.5241 words
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Article87 1987-10-22 14 OCT 11 pesos ♦1Marat*a< Oriental B 009 -001 Phil Ov«Mti 0 08 -0 02 AcO|* Mining 0 50 -0 1 Angto PTtil Ap«x Mining B 0 06 -0015 PUJ? 142 -5a Ada* Con 6 29 50 -7 San Migual B 125 -48 Buk Patroiaum o oie -0 002 Saalrom87 words
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Page 14 Advertisements
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Advertisement372 1987-10-22 14 NOTICES In the Matter of The Companies Act, Cap. 50 And GENYA TRADING (S) PTD LTD. (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 50 Jin. Saltan #21-04 Jalan Sultan Centre. Singapore 0719 on Friday the 16th day of October372 words
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Advertisement257 1987-10-22 14 THE COMPANIES ACT, CAP. 50 NOTICE OF RESOLUTION CHIA PENG MOTOR PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Chla Peng Motor Pte Ltd duly convened and held at Block 24 Bendemeer Road #01-547 Singapore 1233, on 19th October 1987, the following Special Resolution was duly257 words
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Advertisement305 1987-10-22 14 THE COMPANIES ACT, CAP. SO NOTICE OF RESOLUTION FOONG HWA GARMENTS MANUFACTURING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of Foong Hwa Garments Manufacturing Pte Ltd doly convened and held at 102 Upper Cross Street #09-05 O.G. Building, Singapore 0105, on 15th October 1967, the following305 words
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WORLD MARKETS
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Article960 1987-10-22 15 New York Reuter AFP WALL STREET made a partial recovery Tuesday following Monday's crash, dosing with a record one-day rise on the Dow Jones Industrial Index. The Dow index of 30 leading stocks cioeed Tuesday at 1,841.01, up 102.6 points from Monday, when the indexReuter; AFP - 960 words
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Article946 1987-10-22 15 London THE LONOON Stock Exchange opened sharply up yesterday, taking its cue from Tokyo and Wall Street. The Footsie Index of 100 shares, which had lost a record 250.7 points Tueeday, gained 112.8 points almost immediately, rising to 1,914.4. The Financial Times 30-share index, which had946 words
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Article905 1987-10-22 15 Selected indices HONGKONG All Industrials 2401 Hongkong Index Wednesdoy Suspended Tuesday SoS^T?fT C WMk ogo 255! 61 *v ea hbxju y Tuesday Week ago NEW YORK ***** ***** Hong Seng Index Wednesday Suspended Tuesdoy Week 090 3844 48 Dow Jones Tuesday Monday Week ago 1841.01 1738.41 2S08.16 TOKYO Nikkei Average905 words
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Article, Illustration327 1987-10-22 15 Aftermath of the stock market setback NYT DUE TO THE huge decline in the stock market, Carl C icahn, chairman of Trans World Airlines, has withdrawn his offer to make TWA private. A company official, who asked not to be identified, said MrNYT - 327 words
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Article, Illustration458 1987-10-22 15 FT THE BRITISH GOVERNMENT has dropped the television advertising campaign for the £7.5 billion British Petroleum (BP) share offer as a further slump in the price of BP'S existing shares increased the likelihood that the issue could prove unsuccessful.FT - 458 words
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233 1987-10-22 15 AFP BRITISH INSURANCE companies may pick up a tab of as much as £600 million (US$l billion) after the hurricane-force storm that ravaged south-east England last Friday, Lloyd's List the daily bull»- tin of Lloyd's Insurance Company, saift Some estimates say the bill forAFP - 233 words
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249 1987-10-22 15 AP A FEDERAL bankruptcy judge has issued a temporary restraining order freezing the US assets of Saudi Arabian arms dealer Ad nan Khashoggi and his brother Essam for 10 days. The order issued on Monday by Judge John H Allen inAP - 249 words
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428 1987-10-22 15 FT THE FRENCH government has agreed to retire about 12 billion French franc of Renault debts as part of a compromise solution to restructure the state-owned car group's balance sheet and set the company back on its feet. However, the government has decidedFT - 428 words
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129 1987-10-22 15 AFP BRITISH AEROSPACE has won s contract worth more than US$24O million to supply 20 Hawk MK-66 trainer aircraft for the Swiss sir force, the compsny announced in London on Tuesday. The first aircraft will be built and assembled in Britain for delivery byAFP - 129 words
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164 1987-10-22 15 Reuter DREXEL Burnham Lambert Inc's Investment Policy Committee has raised its recommended investment position in bond accounts to 80 per cent from 00 per cent, lowering the recommended cash ratio to 20 per cent from 40 per cent. The brokerage house said on Tuesday:Reuter - 164 words
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Page 15 Advertisements
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Advertisement241 1987-10-22 15 Prime Office space for sale at Robinson R FAR EAST FINANCE BUILDING (No*? ?o jit S' C.i' f 1 so ft Whole "'oi'f 445-3097 448-IC4 A H sim lim finance ltd (Incorporated in the Republic of Singapore) COMPANY ANNOUNCEMENT RIGHTS ISSUE OF 5,000,000 SHARES OF $1.00 EACH AT $1.20 PER241 words
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Article, Illustration576 1987-10-22 16 US budget deficit relief over Reagan's change of heart Congressional leaders' tax ideas to be reviewed UPI AMERICAN congressional leaders, calling it high time to "cool the rhetoric", expressed relief at President Reagan's apparent new willingness to discuss a compromise deficit plan and to review their US$2 billion tax ideas.UPI - 576 words
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176 1987-10-22 16 Bernama DATUK SERI Dr Mahathir Mohamad yesterday advised all quarters especially newspapers to play their role in ensuring the peace and stability in the country. He said it was the responsibility of sveryone to restrain from making and publishing provocative statements. The Malaysian prime ministerBernama - 176 words
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416 1987-10-22 16 Reuter THE US government's budget deficit for this fiscal year will total US$l63 billion if Congrees and the Reagan administration fail to agree on a way to lower the deficit prior to a Nov 20 deadline, the White House said on Tuesday.Reuter - 416 words
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319 1987-10-22 16 BOEY KIT YIN - By BOEY KIT YIN MOVES TO TIGHTEN export procedures have paid off for Singapore who, from yesterday, can buy American high-technology ssnsitive goods without sxport licences. The American move to relax its export controls will ease purchases of sensitive products with civilian319 words
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124 1987-10-22 16 Reuter PRESIDENT Corazon Aquino formed members of her Cabinet into separate special action teams yesterday to improve labour, economic and political conditions in the Philippines. She divided her 25-member Cabinet into five committees to draw up programmes that would improve government services andReuter - 124 words
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184 1987-10-22 16 AFP ASEAN HAD BEQUN moves to eaae competition among member natione in attracting foreign inveatment, an Indoneeian investment official aaid yeeterday in Jakarta. Any incentive or facility granted by a member government to investors which proved harmful to the other Aaean countries wouldAFP - 184 words
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667 1987-10-22 16 The National Bankaf Brunei trial THE NATIONAL BANK of Brunei management went into a "wild scramble" to put up security after orders issued by the Finance Ministry, Queen's Counsel Michael Corkery told the Brunsi High Court yesterday. Mr Corkery,667 words
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Article139 1987-10-22 16 IN THE WAKE of what could prove to be Australia's biggest tourism boom, it* state governments and private entrepreneurs have laid the infrastructure for posing a major challenge to Aaia'a established convention centres. in e special supplement Destination Australia we survey the goings-on Down139 words
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Article101 1987-10-22 16 Reuter COMEX gold futuree yeeterday poeted a modest increaae in the first hour on light buying that stemmed from aentiment that Tueaday's alump of almoat US$2O.OO may have put the metal in an oversold condition. December gold added US$2.5O at U*****.00 an ounce. Analysts said theReuter - 101 words
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LATE FILE
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Article53 1987-10-22 16 AFP INDONESIA'S income from oil and gat at wall aa other commoditiaa roaa in the first six month# of tha financial yaar, according to Financa Minister Radiua Prawiro. But ha aaid precise figures could not ba ralaaaad yat aa they had to ba raportad to thaAFP - 53 words
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Article36 1987-10-22 16 Reuter CHINA yaaterday aaid it deeply regretted an attack by US warships on two Iranian oil platforma in tha Gulf and repeated deniate that Beijing had aupplied Tehran with misailee. ReuterReuter - 36 words
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Article54 1987-10-22 16 AFP SOUTH KOREAN oppoeition rivals Kim Dee-Jung and Kim Young-Sam ware eat to meat today for talks which analysts said would merely provide an excuee for the two men openly to part ways and run separately in tha first direct preeidentia! elect toneAFP - 54 words
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Article35 1987-10-22 16 AFP CAMBODIAN Premier Hun Sen has agreed to meat resistance leader Prince Norodom Sihanouk in Parie in December in a bid to reeotve the nearly nine-year-old Cambodian crisis. AFPAFP - 35 words
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Article47 1987-10-22 16 AFP HEAVY RAINS laahed tha London area and southern Britain overnight, cauaing flooding in eeveral areaa and cutting roada. Police aaid several parta of the capital were under water and many roada in Suaaex and Kent counties In southeaatem England were cloeed to traffic.AFP - 47 words
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Article50 1987-10-22 16 Reuter CHINA will iaaua special vimi with no trtvtl raatricbona to Taiwan citizans viaiting ralativaa on tha Chinaaa mainland. Mr Ma Zhiwan, managing diractor of tha stata-ownad China Travdl Sarvica, aaid all Taiwanaaa viaiting China could gat vtaaa from tha traval agancy from Nov 3. RautarReuter - 50 words
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Article40 1987-10-22 16 UPI FORMER US presidential adviser Robert M Solow has become the 15th American in 18 years to win the Nobei Economics Prize but the first to have to share hie winninga with the US government. UP!UPI - 40 words
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Article51 1987-10-22 16 AP INDIAN police raided the complex around the Sikhe' holieat ahrine, the Qolden Temple in Amritaar, yesterday and arreeted 290 people to block a scheduled rally by militant Sikh eeparatiata. A police spokeeman said police and troops did not enter the temple itself.AP - 51 words
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212 1987-10-22 16 Reuter COLOMBO'S commodities and financial markets have been unscathed by fierce fighting in northern Sri Lanka but tourism could suffer, trade and industry officials said yesterday. "Just as we were about to recover from the ethnic war, the present fightingReuter - 212 words
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379 1987-10-22 16 Reuter TAIWAN HAS REVISED its gross national product (QNP) growth for 1987 upwards because of surging exports, Statistics Bureau director Duan Wei said yesterday. Mr Wei said in an interview QNP was expected to grow a real 11.59 per cent for 1987 against an earlierReuter - 379 words
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240 1987-10-22 16 Reuter OUTGOING Japanese Prime Minister Yasuhiro Nakasone yesterday called for a collective leadership under his handpicked successor, former finance minister Noboru Takeshita. Mr Nakasone, who will probably complete his term on Nov 6, told legislators belonging to the ruling Liberal Democratic Party (LDP) that theyReuter - 240 words
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Page 16 Advertisements
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Advertisement109 1987-10-22 16 Important Auction Sole of 1 'persiun Carpels^ J; '6; October 25 IVX7' > 4 i p 4 onwicncmi; at 2pm sharp gV»j k Mandarin Hotel Ucccpliou Hall •r<l fifth floor South H KrJJ: *~< 4 Viewing Inspection I ime: I Oam I pm DOMINION VICTOR MORRIS C-'ti! Str»';t '<">■ '<109 words
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Advertisement8 1987-10-22 16 The touch of l th« master designer. s >8 words
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SHIPPING TIMES
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398 1987-10-22 17 JUNE LIM - By JUNE LIM THE INTERNATIONAL Federation of Freight Forwarders Association, Fiata, has nominated Singapore ss the country in which it would like to have a regional secretariat. But the Singapore Freight Forwarders Association has not decided whether to take up the offer. The association's398 words
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97 1987-10-22 17 Seatrade Week BETTER market conditions in both liner and tramp sectors are boosting South Korean owners' cash flows. Hyundai Merchant Marine and Hanjin have been in profit for some months. Hyundai made first-half profits of 7 billion won (US$B.7 million) and aimsSeatrade Week - 97 words
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249 1987-10-22 17 KINGSLEY WOOD - From KINGSLEY WOOD A LEAOINQ Japanese shipowner has accused Zim Line and the Far Eastern Shipping Co (Feeco) of offering cheap freight rates on Far Eastern routes that they threaten the services of established companiea. Mr Shizuo249 words
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198 1987-10-22 17 AFP LLOYD'S of London on haa doubled insurance rates for ships entering Kuwaiti waters, following the latest missile attacks on ships off the Gulf emirate Ships sailing in the Gulf zone north of latitude 27 degrees 30 minutes North and excluding Iranian and IraqiAFP - 198 words
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PORTSIDES
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Article82 1987-10-22 17 Reuter A TWO-DAY genersl strike by industrial workers pressing for higher wages ended peacefully in Bangladesh on Tuesday. Transport wss partially disrupted in Dhaka and river ferries moved only occasionally. Most shops and factories remained closed. Bsnks were open, but there were no transactions. The wslk-out wasReuter - 82 words
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91 1987-10-22 17 EXECUTIVES from five of China s major ports will be trained in management and operations by a team from the Port Authority of New York and New Jersey. The agreement was signed by New York Port Authority chairman, Mr Philip Kaltenbacher, during a recent visit91 words
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Article, Illustration755 1987-10-22 18 Fairplay THE HONGKONG-BASED Marinteknik International Group has recently acquired a major shareholding in the UK small boatbuilding concern, Fairey Marine. The new company, known as Fairey Marinteknik (FM) is now in the process of entering a new market with its latestFairplay - 755 words
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173 1987-10-22 18 AFP AN AUSTRALIAN-FUNDED ferry port expected to be ready by mid-1988 will become the main transit point for commerce in northern Laos, the Laotian news agency KPL said. Construction of the Pak-kone-Thadeua ferry port in Luang Prabang provinceAFP - 173 words
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Article734 1987-10-22 18 AB Shpg V 5 ABC Container VIII 1 Accord Shpg VI 3 Africa Ocean X 2 Alltrons VII 3 American Tpt X 4/5 Anship Int'l V 4 Anro Service IV 2/3 ANl 1 1/2 A PC line V 4 Aft III 2/3 Arrow lines IX 5 ASCI734 words
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Article1082 1987-10-22 18 DESPITE outwardly thin fixing, the ton* on the London shipping freights market remained steady to firmer on Tueeday. The better level of U559.75 (fio) was agreed by Cargill for the El Aalim to work a 60.000-ton Nov 5-15 grain cargo from the US Gulf to the Continent. Chineae1,082 words
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Article, Illustration183 1987-10-22 19 SEABORNE cargo through the Port of Singapore Authority gateways end Jurong Port surged eheed by 14.5 per cent in the first eight months to 35.66 million tonnee. Conteinerised cargo shipment continues to leed the wey. In the January-August period, 24.6 million tonnes of box183 words
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244 1987-10-22 19 CargoNews Asia HAYASHI Marine Co Inc and Dae Marketing Corp have taken over Sweet Lines, one of the biggest domestic psssenger cargo inter-island shipping interests in the Philippines. Sweet Lines operates a fleet of five ships of 3,000 to 4,000 dwt each,CargoNews Asia - 244 words
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Article54 1987-10-22 19 HAYASHIKANE Shipbuilding and Engineering will cease operation next March. The Japanese me-dium-sized yard will withdraw from shipbuilding on completion of two vessels. About two-thirds of its workforce of 100 will be hired by five companies which will be set up to undertake shiprepair, design and54 words
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Article225 1987-10-22 19 ALL SURVEYS wers conducted on Sep 28 Argentina Buenos Aires 25 vessels operating. Australia Brisbane and Sydney Normal operation; Melbourne and Fremantle Delay due to stopwork meeting. Chittagong 30 vessels operating. Brazil Santos Waiting time of up to four days. Cameroon Douala Normal operation. Vancouver (British Columbia) Waiting225 words
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271 1987-10-22 19 Lloyd's List BRITISH shipowner United Battic Corporation (ÜBC) hat placed orders tor a container ship tor its UK-USSR link. Worth about US$4 million, the vessel will be built by South Korean yard Dae Dong Shipbuilding Co at Pusan, probably torLloyd's List - 271 words
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400 1987-10-22 19 FT THE JAPANESE government has begun negotiations with several Gulf countries on the installation of a navigation data broadcasting system to improve the safety of ships sailing in the area. Two weeks ago, Japan announced that it would invest US$lO million toFT - 400 words
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8726 1987-10-22 24 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 of8,726 words
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Article1231 1987-10-22 25 AT CONVENTIONAL WHARVES VnmI Bart It Arrival Departure KEPPCL WHARVES Builder III K23 alongside 22.10/0800 Equotor K22 alongside 22.10/0300 Ft Conveyor K18 alongside 2510/2359 Fuhwo Venture K32 alongside 2310/2300 Hmm Geroldt K36 alongside 2610/0900 Koto Sotom K31 alongside 2510/0600 Un Peta'ing 3 K19 alongside 2210/0600 Moringo CIO1,231 words
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Article130 1987-10-22 25 Area/Port Viacoalty Density Water CSTatSOC 0/ML at 15C Volume 0/0 Africa/Red See Jeddoh 45/193 0.929/0.974 0.1/3 J Durban 88/184 0.977/0.993 0.0/8.6 Arabian QuN Ras Tanura 105/145 0.941/0.948 0.0/0.3 Bahrain 174/190 0.970/0.976 0.1/0.1 Europa Rotterdam 31/530 0.943/1.010 0.0/1.8 Hamburg 33/406 0.946/0.990 0.0/13.8 le Havre 169/352 0.969/0.987 0.0/0.6130 words
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Page 17 Advertisements
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Advertisement441 1987-10-22 17 Tert*» OOCL On|tWT OvagMl Ctntoim* Uwe JLMM* aSSSk aNffWfi MBKXS mm 00* m Cai*Rmuj Imt fU-OS Suttui*. Swp»on t«i mm telex no n *uo TEMUNAL/CfS T«1 *****11 220 BOOK IMS Tal *****4 OS K3AKA JAMNK BMPfWS MOKC MM. WO. .rarTROAM TIL MOtUS Tata *"A»Plff*22. PEMANO TEL C 4144 TELEX NO441 words
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Advertisement62 1987-10-22 17 KMDB THE HONGKONG-BASED Morinteknik International Group has recently acquired a major shareholding in the UK small boatbuilding concern, Fairey Marine. Page II SEABORNE cargo through the Port of Singapore Authority gateways and Jurong Port surged ohead by 14.5 per cent. Page 111 Index to odvertisers li Shipping schedules VIM London62 words
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Advertisement505 1987-10-22 17 _y itfiLi v i Haw S.K. Aria ■part tW (•KfraJ ft rst hilarious tragic OANGCROUB AviiabteataH Good Bookthops m MAERSK LINE WEEKLY TO EUROPE NEXT SAILING: CECHJE MAERBK VOYAGE S7l* ETD SIN 29/10 Tha aaak Caoka M Ctoamg Tm CY 29/10 0800 MRS CFS 28/10 2300 MRS mail CECSLE M505 words
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Page 18 Advertisements
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Advertisement449 1987-10-22 18 JES COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT EZ332SEM [*****2231 ■2HE511 FELIXSTOWE ETA KOTTEROAJi ETA TT7T.'" EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT) 17 DAYS OUTBOUND TO MEDITERRANEAN LATTAKIA ETA KlElKiill INBOUND FROM EUROPE/FOR FAR EAST449 words
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Advertisement17 1987-10-22 18 J-'nes and services represented by Members of the Registry of Accredited Snipping Agents. Singapore National Shipping Association.17 words
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Advertisement326 1987-10-22 18 MTO MARITIME TRANSPORT OVERSEAS GMBH EUROPE/FAR EAST CONVENTIONAL SERVICE VSL LA CMCSNAIS ANKLE N etos Cipn-tribM liKk'HMtof Further toad/dnctorgmg ports an routo aubpet to auftasnt mducamsnt ■*y* IMm Trapvl MMyw S* BM. T* Z3O4SSO Tk »11» MTU f«L *****02 M SUM B 4J& OTKA^avW' CHARGEURS RE UN IS r-* lEARBULK326 words
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Page 19 Advertisements
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Advertisement785 1987-10-22 19 The Straits Steamship Group J Mansfield Container Shipping Re Ltd p&o Containers Limited ■I' ..adii :ii .Tißfl TOU4MAY TQMO Exmst MMMMT nuMmitT EH OMKA OAV NTMQWM LAM BAT AJao Accepting Cargo Fon iw wi wi viu i*u iim aw a/u a/u am am aw oiu wu mu mm mu mu785 words
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Advertisement481 1987-10-22 19 EUROPE USA PANAMA IKTTTTTI ZHJULIJ in jeheizii 171 n Mf-.in m ta.ll Alt 17.1t llLtt tl.lt «F 7* ttll till till ta.lt till if m mi mt ait i7.it tti IF 717 17.11 tl.lt ttlt ta.lt tilt ■F 711 ll.lt MJI KJI HJI I7J f l- <11 inn U B481 words
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Page 20 Advertisements
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Advertisement232 1987-10-22 20 5C Hapag-Uoyd CONTAINERSHIP SERVICE TO UK/CONTINENT CONViSEMI-CONTAINER SERVICE TO EUROPE CONV SEMI CONTAINER SERVICE TO MEL» EUROPE Agents Singapore *****00 K. Lumpur *****25 Booking *****08 P. Kelang *****18 CPS *****48 CFS *****50 Penang *****7. *****2 mm SOUTHEAST ASIA PTE. LTD. INTERNATIONAL FREIGHT FORWARDERS CONSOLIDATION SERVICE WEEKLY FROM FT. KELANG Accepting232 words
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Advertisement596 1987-10-22 20 *XuN» A JtC.S.LINE ORIENTAL CHIEF SCW 27/10 14/1 KOREAN JACEJIN 41W 1/11 19/1 NEPTUNE CRYSTAL 42W 1/11 2M CHINA CONTAINER 43W IVII 3/1 HONGKONG CONTAINER 52W 22/11 10/1 TRANSWORLD MIDGE 40W »/ll 17/1 ALSO CALLING ANTWERP VIA ROTTEROAN MIELANC CTRS VIA FEE OCR VESSEL 'FOR/MOTHER VESSEL *SP WJ LA OAK596 words
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Advertisement495 1987-10-22 20 FHEIBHT LINKS EXPRESS PTE LTD WEEKLY CONSOL TO: PORT KELANG PENANG DEP: EVERY SAT f ACCEPTING FCL/LCL TO JAKARTA 24/10 31/10 HONG KONG 30/10 5/11 BANGKOK 24/10 31/10 KEELUNG/KAOSHIUNG 25/10 1/11 MANILA 25/10 30/10 BUSAN 29/10 2/11 TOKYO/YOKO 25/10 30/10 luimyiuEnMlliim+MUUiTV LCL A FCL AUSTRALIA NEW ZEALAND 24/10, 2/11 AUCK,495 words
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Advertisement1023 1987-10-22 20 EVERGREEN 71' S> a Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) SGf MKC HSC KLC PUS OS* TYO KM CMS NYC~ EVER GIIAMY In Port 2*ll 2*M 2#U EVER GOLDEN mi W l|U l(U UNI NOOCST/CVER GUARD Ml *11 1101 12/11 EVER GROWTH 1211 11/11 11/11 JWll EVER LIVING/EVER GRAND 1101 Wll a/111,023 words
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Page 21 Advertisements
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Advertisement678 1987-10-22 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE I VEMEL VOY SIN MY MM SIN W» «N INTEGRA 1711 SM SM >4/10 27/10 >VlO »10 MA FORTUNE 0741 >8/10 2S/10 >1/10 Vll «/11 INTEGRA 0713 1/11 4/11678 words
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Advertisement626 1987-10-22 21 BLC BEN LINE CONTAINERS EkJJEBSEN LINE fc. NEW ZEAL AND TO NEV ZEAIANI, PAP9A REV tVIHEA FUI AMI saum PACIFIC ISLANDS MOUNT YOY I SIN W MORESBY LAI 2/11 11/11 I*ll fCI aim «<Mn Iran 31/10 t* 2/11 at hm P»»Mt (PI) SIM HKC REE STB ML TM NAP TM626 words
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Advertisement632 1987-10-22 21 DJASAGETRI A Joint Europe Service Of: p.t. iJMUuru lira p.t. saiw lloti P.T. MUM MRORESU P.T. TMKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES MTWir A OAM/R OAM N'MMW "wi jni ah phi »u in 2? 4 ALSO ACCEPTING ROTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO PORTS. HULL. 11 HAVRE. OSLO. COPENHAGEN.632 words
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Advertisement350 1987-10-22 21 BOUSTEAD SHIPPING AGENCIES I* LASHIO VM HTONEVWA V22NT PAGAN VI M AN VUW BURMA RYE STAR shipping mausm (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok a/» Oct 21/23 Oct mi Oct Vtt Not am Oct BANK LINE I *AiA I;M,H txMi FORTHBANK V2ON TAMAITAI SAMOA VIIN IVY350 words
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Page 22 Advertisements
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Advertisement1305 1987-10-22 22 LL K"LinE SHIPPIfIG-DflTfl PlTLPinilC COAST (Round-The-World Service) •PK/PNG NEPTUNE GARNET Vll Sid 22 Oct 14 Nov 1 ORIENTAL FREEDOM VIS 24 Oct 29 Oct 21 Nov "VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL *PK/PNG SP MOTHER VSL NEPTUNE GARNET Vll SW 22 Oct HENRY H. BRIDGE VI ORIENTAL FREEDOM V 16241,305 words
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Advertisement649 1987-10-22 22 10 SAILINGS PER MONTH TO DNG KONG 27/101 CHINA/MANILA/KOBE s 1 ACCORD SHIPPING PTE LTD Off ire 10 Anson Rd #11 IS International Pi «/j S p<wf OAi Tel (lb l-nes) T RS,**" kao'd u (C fS) B'fc ]J ft PSA Keppr rtr.#- Te» P fceUrtf Agent Infefr itetf F649 words
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Advertisement697 1987-10-22 22 V-*-, GOLDEN LINE la c> GUM GUAN SHPfMG (PTE) LTD jjom (Mum) Fa s»s STRAITS/PERSIAN GULF SERVICE: S»r. PtaangPan GOLDEN HAVEN Cotanbo/Mraehi/Oul* 21,71 Oct GOLDEN WONDER Colombo/Karachi/Dubai 11/12 Na» CHINA SERVICE SU XIA Sh*wta rwi CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUB).IC_OF CHINA LINCQUANME 22/lf 23/ M VP»697 words
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Advertisement497 1987-10-22 22 r>HIU-OM€NT LINGS PT€ LTD HfAO OFF:CI 63 ROF NSGN BOAD 0? AIRO AS A BUHOI'.: SiNCAPOPf 0106 TFlf» HS 287<0 PHIII FAK TFT r.u.v EAST/FAR EAST ETA MM apt IK *u I JEOOAH. HOOBBAH. AQABJ 24/10. 31/ M I N ROW. OK KHLUNG. EAST AFRICA/MEDITHWANEAW SERVICE H VALFTTA ADEN DJBOUTI497 words
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Page 23 Advertisements
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Advertisement875 1987-10-22 23 NEPTUNE ORIENT LINES LTD ST. NEPTUNE AGENCIES PTE LTD T A Tarminal CfS BOOKINGS Z7IS7S3 WC *****22 *****53 NEPLINE SON BHO. *****07 NEPLINE SDN BHD *****33 0 NEPLINE SDN BHD. 620»5/*****0/tt7661/*****2 NEPLINE SDN BHD *****0/*****1 FUR EAST/EUROPE FULLY CONTAINERISED SERVICE A nwmbtr of th« ACE Consortium TO EUROPE/UK (VIA SUEZ):875 words
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Advertisement344 1987-10-22 23 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG, PENANG, BUSAN. INCHON CEYLON SHIPPING CORPN National Line of Sri Lanka FULLY CONTAINERISED SERVICE TO COLOMBO ARABIAN GULF. RED SEA EC INDIA S POftf AuthTS NEPTUNE AGENCIES PTE LTD k Boat rtfl Tel AuthTS HARPER WIRA SDN BHD P344 words
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Advertisement675 1987-10-22 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELANG KMM g°. HAI THONG SNIPPING 127 FWwStrwt P«a* a rts SSsr t PASIR GUDANG F.B675 words
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Page 24 Advertisements
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Advertisement287 1987-10-22 24 DSR-LIIMES i VLB DF UTF BACHT SEEREEDERfcI R y INTEGRATED FULL CONTAINER SERVICE TO EUftOPf S'PORt I*CM "L'NACA FAMRLANO 107 2S/10 I— *11 1 1901 |l*ll 121/11 arkona mm w 11/11 a/u mi mi vu THAUMANIO7 1101 I- I *12 12/12 12/12 M/ 12 •VIA COLOMBO: Adapting cargo for INDIA287 words
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Page 24 Miscellaneous
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Miscellaneous167 1987-10-22 24 Regional Weather 5* .•T7l m I I A fcC-? Va -V *jjfc mKK A 23 9! Nr A' r SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND K Thunderstorm 1 Shower Weather Wind (fcrectton with speed m k Ran Cloudy Sky W,„h^. Surfocc winds ore indicated by167 words
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Page 25 Advertisements
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Advertisement253 1987-10-22 25 ScanDutchV TO EUROPE (NORTH CONTINENT-UK-SCANDINAVIA) WEEKLY WO 2SOO In Pan 24/10 Kompn/371 am am a/io n/n jmowu/w 101 501 vu 1/11 N. Dalft/3* 14/11 12/11 12/11 14/11 Mm/M 21/11 11/11 M/U 21/11 |N. oajima/4U TO RED SEA EAST MEDITERRANEAN WEEKLY 24/10 In Port In Port 24/10 SO Homhu/HO 21/10 1/U253 words
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Advertisement635 1987-10-22 25 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE ■AC VaM' N •p i:• «M 'M■S C f MV BASRAH MV Al FAR All MV ALRA2I EAST BOUND SERVICE ETA SPORE LOADING FOR In PI (P.KELANG) JAPAN WEST BOUND SERVICE HA S PORE LOADING FOR a/10 i«MIh. Ajaha, 30A0 MM, AMka.635 words
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Page 26 Advertisements
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Advertisement279 1987-10-22 26 Hai Sun Hup Co (Pte) Ltd TFL *****06 (20 Unes) TLX RS 2206' A RS ***** I \s I I R\ \K I I\l K II I) WEEKLY CONVENTIONAL ft HEAVY LIFT SERVICE FROM SINGAPORE/PORT KELANG TO: TOKYO/OSAKA YOKOHAMA NAGOYA/KOBE CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated B«rth279 words
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Advertisement345 1987-10-22 26 I COLUMBUS LINE REEDEREI GMBH V (A SERVICE OF HAMBURG SUD) EXPRESS SOyi-COT/kfCB SERVICE TO TAMAITAI SAMOA VUN FORTH BANK V2OM IVY BANK V2ON PRO ATLANTICA VIN 'Mm Accepting fCL to Antw* HBG HULL (U.K.) a/11 30/11 Ml 5/11 24/12 21/12 W/l va: •ii'i.v JM 1 I-TTH SMN SOCIETE MAURICIENNE345 words
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Advertisement165 1987-10-22 26 1 WEEKLY CONSOL SERVICE TO/FROM KEELUNG ACCEPTING LCL CARGO ONLY CON-CARRIERS 1707 CON-CARRIERS 11/17 CON-CARRIERS I«>7 ETO S PORE 27/10 «/U I*ll HA KEELUNC 2/11 WU 11/11 WEEKLY CONSOL SERVICE TO MELB/SYDNEY ETO S PORE ETA SYD ETA KLO CON-CARRIERS 24*7 21/11 ttfll a/11 CON-CARRIERS 2S/K *11 1/12 5/12 Also165 words
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Advertisement658 1987-10-22 26 Dm mIII CALL US AT: p KELAMG 1 PENANG V? J. BAHRU P. CUDAMC lllpll SINGAPORE K. LUMPUR mmammi W-€*****/4, *****3 07-241 M 07-*****3, *****5, *****0. 513 m 02-*****22 2421W WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUROPE OTHER DESTINATIONS: AARHUS. AMSTERDAM. ANTWERP. BASLE. BREMEN. BREMERHAVEN. COPENHAGEN HELSINKI. MALMO. OSLO. STOCKHOLM.658 words
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