The Business Times, 1 December 1987
1987-12-01
1
30
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The Business Times
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Title Section11 1987-12-01 1 BUSINESS TIMES MCI (P) 112/12/86 TUESDAY, DECEMBER 1, 1987 75 CENTS11 words
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Article159 1987-12-01 1 Overseas marfcets *>>»<■> HK Hang Swig Index 2138.39 (-55.79) Tokyo Nfckei Average *****.78 (-365.45) Sydney All-Ordinaries 1328.2 6.8 gi-» Now York (Dow Jonet) 1910.48 (-36.47 London (FT 30 Index) 1308.2 (-6.2 (Monday noon 1257.2 US*MI3Ztt/38 yon 1.6407/14 DM SS2.0270/80 M$t S $0.8140/7 9hnei Curo-$ (Mac) 91.98 (-21159 words
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Article, Illustration168 1987-12-01 1 THE SINGAPORE stock market closed lower in line with sharp I falls in the Tokyo and Hongkong i markets amid a further drop in the US dollar. I In quiet trading, the Straits Times Industrial Index fell 14.84 points to 800.01. The Business l Times168 words
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Article305 1987-12-01 1 THE US DOLLAR yesterday plunged to new record lows against the yen and Deutschemark on the world's foreign currency markets, trading below 133 yen and 1.64 marks. In Singapore, the greenback fell to an all-time low of 552.0225, while in Zurich, it registered a305 words
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Article, Illustration427 1987-12-01 1 AFTER months of public discussion, s proposal to introduce the team MP concept in the next slection was tabled in Parliament yesterday. Between 33 and 39 constituencies will be involved initially. Plans427 words
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Article, Illustration398 1987-12-01 1 DISMISSING claims that the Singapore dollar is undervalued, Brigadier-General (Res) Lee Hsien Loong told Parliament yesterday that Singapore has not artificially depressed the value of its currency to build up a trade surplus. Unlike the currencies of some other newly-industrialising countries. the Singapore dollar is today398 words
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513 1987-12-01 1 MONICA GWEE - By MONICA GWEE A SPRAY of bullet holes hit the bull's-eye and more yesterday as two courier companies tussled over the large print in fullpage advertisements in BT and The Straits Times. In full-page advertisements yesterday in the two papers, TNT Skypak International Express fired513 words
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422 1987-12-01 1 LISA LEE - DEALS ARE TECHNICALLY OFF By LISA LEE BONVESTS Holdings Ltd'* controversial proposals to acquire seversi assets have gone into limbo. The Stock Exchange of Singspore, whose approval is needed for the listing snd quotation of new Bonvests shares to be issued to finance the acquisitions,422 words
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423 1987-12-01 1 AMY BALAN - By AMY BALAN AFTER TEN HARROWING days. Neptune Orient Lines has finally received the full underwriting support it needs to go ahead with the one-tor-one rights issue of up to 199.3 million ordinary shares. But the terms of the issue had to be further423 words
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Page 1 Advertisements
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Advertisement120 1987-12-01 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC !-'+|[';-:'$<]>:@;^>.&^,{[)!/,^ Local report, Pago 16 Rogional markets, Page 18 An affordable disposable Fountain Pen! o Vs Transparent Ink Feeder Structured to function exactly like a fountain pen Metal Ball Tip For extra smooth, highly flexible writing signing in blue, black and red. The good, old120 words
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Advertisement320 1987-12-01 1 Mora Parliament reports, Page 7 raps A $60 MILLION resort hotel will be built on Sentosa by Seaufort International Hotels (S) Pte Ltd. HOME NEWS. Page 2 THE NATIONAL Association of Purchasing Management said the US economy continued to grow in November but at a slower pace than was reported320 words
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Advertisement265 1987-12-01 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Tho Bonvto dtaLPoll roouNs on Back Pago Shipping Ttmas comas as a saparata section today. Maka aura you gat your copy. > donY let the initial id PUSH HOME OWNERSHIP eft* We offer home loans without you having to come up with the usual265 words
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HOME NEWS
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Article, Illustration507 1987-12-01 2 TONG SUIT CHEE - Work on first-class resort to start in May By TONG SUIT CHEE A $60 MILLION resort hotel will be built on Sentosa by Beaufort International Hotels (S) Re Ltd. The 275-room deluxe hotel, spanning 9.7 hectares, will be developed on the former Apollo Sentosa Hotel507 words
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331 1987-12-01 2 LONG SHIH ROME - By LONG SHIH ROME MAURITIUS OFFERS a good investment climate in terms of du-ty-free access to markets in Europe and the US as well as the incentives available in Economic Processing Zones, said Mr Herve Duval, Minister of Industry of Mauritius. Mr Duval,331 words
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245 1987-12-01 2 SOME 2.500 PEOPLE srs expected to take part in the fourth International Exposition of Quality Control Circles, to be held st ths Mandarin Hotel from Dec 2 to 4. Started in 1664, the annual event is organ iaed by eight national organisstions. Mr Freddy245 words
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Article55 1987-12-01 2 THE METEOROLOGICAL Service has invited tenders far the suopfr of a. speech. «ytJMiMKjIM .tour other The tenders are oaty open to orgsniMttons ragwwrw wtm of iMiong rijistraUon with the Central Supplies Depertment, Construction Industry DevetopRltDl A/ DepiKtnsiit J.—^ V Inill LUT tour f nders wW deee on.55 words
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Article59 1987-12-01 2 THE SPECIAL adviser to toe Button and Yang £>-Pertuan t* Brunei wltf arrtve in ■Btojapars today an a vie#. Yang Berhormst Petrin Oato Haft tea will be meeting Singapore Prime Mints- tar Lea Kuan Ypsr on Thursday Aflaila to the immSr2Si!P22!? rupt Praclicaa IniiMfiQslinn Bureau, Narcotics59 words
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Page 2 Advertisements
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Advertisement272 1987-12-01 2 Sharpfe Inftur Corner A wide variety of super-efficient copiers with automatic functions to work in your corner, for your section, or near your desk. "f i i■<l SF-7100 Compact FuH-Fsatumd Copier 10 copies per minute. •Alp exposure tor partect copies. 84 oh o ina^ Automatic loner dspenaing. v vtfj '<272 words
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Advertisement94 1987-12-01 2 m H. H'fiitov, Wi i *'sr.% •v-aiss» tti 45 *H >' "«.Ta > 4 Ml -41 r y tea s .J--*4 t;v. <% Vv. *e w- < »J^| M±. m V .v*_* f~LowerßaT\ Relax with a glass of champagne served with 3 fresh oysters tonight and every night at the94 words
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ASIA-PACIFIC
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211 1987-12-01 3 UPI AN EXTENSIVE investigation of China's foreign trade contracts has turned up bribery, embezzlement and poor import quality control that have cost the government "great losses'", a senior Chinese official said. China's Minister of Supervision Wei Jianxing said on Sunday hisUPI - 211 words
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143 1987-12-01 3 AFP CHINA and Laos have normalised relations after a nine-year break and have agreed to exchange ambassadors. the China's Foreign Affairs Ministry said yesterday. The normalisation of relations between Beijing and Vietnam's ally, Laos, came during a visit to Beijing by Laotian Vice-Foreign Minister KhamphayAFP - 143 words
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94 1987-12-01 3 AP SOUTH KOREA s trade surplus with the United States between January and October widened to U557.63 billion from US$6.O4 billion in the same period last year. The Trade and Industry Ministry reported yesterday that the 10-month trade excess surpassed the US$7.3 billionAP - 94 words
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488 1987-12-01 3 MBT THE MALAYSIAN ECONOMY may grow in real terms by at least 3 per cent this year, with exports expected to experience double-digit growth and the manufacturing sector expected to play the catalytic role. This is the projection made by the HongkonghbasedMBT - 488 words
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Article, Illustration332 1987-12-01 3 Reuter PRIME MINISTER Turgut Ozal claimed a big new parliamentary majority yesterday after Turkey'» most open general election for a decade. "We will be the party in power... The people voted for stability,'' he said. Mr Ozal had campaigned on his record of political stabilityReuter - 332 words
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140 1987-12-01 3 UPI NEC CORP. a major Japanese high-tech enterprise, said yesterday it plans to complete the initial stage of what could lead to the development of a "dream" computer which imitates the nerve system of the human brain. Company officials said in Tokyo simulation experimentsUPI - 140 words
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Page 3 Advertisements
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Advertisement37 1987-12-01 3 f A REFLECTION OF STYLE AND SOPHISTICATION. PERFECTLY WOVEN TIES IN DISTINCTIVE COLOURS AND A WIDE RANGE OF DESIGNS. FOR THE MAN WHO APPRECIATES THE FINE ART OF DRESSING. LAN VIN PARIS Boutique Lanvin Hyatt And Hilton37 words
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Advertisement45 1987-12-01 3 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! NOMIMMK BUSINESS OENIIES S MS lID 111-04/06 Peninsula Plaza. Tel: 336 1769 Complete facilities me* copier worn processing secretarial c ervices conference room nns wnnc] service lonq short term vcui n.ime i*'45 words
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Page 3 Miscellaneous
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Miscellaneous314 1987-12-01 3 Ctty Max/ Not* ro Adoloida 23/10 Sunny Allien* 06/02 Cloudy Atom 19/12 Bahrain 24/16 door ftangkok 32/23 Fair latbada* 29/26 Cleor Mhg 00-10 Fair Balrat 23/13 Sunny Mgnd* 14/06 Clear laifei unav ftormwda 23/19 Cloudy •am 04/-2 Cloudy M*om 29/21 Sunny Iwnili 07/01 Clear •mow Aires 34/21 Char Cairo 23/12314 words
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REST OF HTE WORLD
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482 1987-12-01 4 NYT THE STOCK MARKET may still be down in the dumps, but those who expected a downturn in business activity so far have been proved wrong. According to the National Association of Purchasing Management, the US economy continued to grow in November but atNYT - 482 words
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231 1987-12-01 4 Reuter THE UNDERLYING GROWTH of UK average earnings is likely to have risen to an annualised rate of 8 per cent in October after a long spell at 7.75 per cent, possibly reawakening short-term inflation fears, according to broking firm Greenwell Montagu.Reuter - 231 words
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Article, Illustration272 1987-12-01 4 Reuter THE US is ending all military assistance and suspending nonhumanitarian economic aid to Haiti following the postponement of presidential elections there on Sunday. "The US government has decided to remove all military assistance personnel from Haiti and to suspend all military assistance to HaitiReuter - 272 words
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330 1987-12-01 4 NYT ORDERS FOR Americanmade machine tools surged 46.2 per cent in October from the previous month, to U*****.3 million, according to a report by the industry's trade association. Industry experts said that machine tool orders typically pick up in autumn, but theyNYT - 330 words
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328 1987-12-01 4 Reuter JACQUES DELORS. president of the European Community's Executive Commission, has accused member states of settling for mediocrity in the run-up to a vital EC summit meeting this week. After 10 hours of talks on Sunday between foreign ministersReuter - 328 words
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271 1987-12-01 4 Reuter EIGHT Latin American leaders agreed to work towards a European-style common market during a three-day meeting in Acapulco on political and economic affairs. A 28-page statement called "The Acapulco Commitment to Peace. Development and Democracy", issued on Sunday after three days of talks,Reuter - 271 words
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Article918 1987-12-01 4 ARRIVALS Operator Srvict Local From number Hmo CM Q333 0405 TPt MAS MH681 0820 KUL SU SQ417 0820 0XB/KH1 sv SV398 0835 JEO/HJH MAS MH8I1 0910 PEN MAS MM671 0920 KUL AC AC858 0950 YYZ/IH8/IOM Su SQI03 0950 KUL OA CX710 1015 CGK MAS MH603 1020 KUL918 words
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Page 4 Advertisements
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Advertisement320 1987-12-01 4 NEW SEASONS HIGH POINT Shop at tlx 1 Shopping Gallery at the I liltonand win 4 double return air tickets to the fashion capitals of the wot A TESTONI rrALLAN SHOES fa LEATHER ACCESSORIES AD-HOC AMERICAN DESIGNERS BOLTIQUE AIZIA DISCOVERIES ANTIQUES ALFRED DUNHILL COMPLETE FASHION LINE BOUTIQUE TWO M ITALIAN320 words
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Advertisement206 1987-12-01 4 fI If \l Ifl 1/ The business person's choice, every I 1 II I II 1 Tuesday, Thursday, Saturday and I 1 f| \l I 1 I Sunday. Leaving Changi Airport at X Vyl VV/I 1 Jl Vy 22:05 hours and arnving at Lester B. Ftearson International Airport the following206 words
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Page 5 Advertisements
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Advertisement128 1987-12-01 5 You've taken pride in your work. In the fact that you've made it on your own. The hard way. With drive and dedication. What's more, you've made it well. Surpassing even your own expectations. Now choose the card that reflects that pride. The Standard Chartered Premier Visa Card. The card128 words
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Page 6 Advertisements
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Advertisement361 1987-12-01 6 QUALITY WORKS The rewards of investing are many. So are the risks. The true test of a quality institution is how well it helps its clients balance the two. At Chase Manhattan, we think certain characteristics define that quality. HERE YESTERDAY HERE TODAY HERE TOMORROW The institution which handles your361 words
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FOCUS
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Article366 1987-12-01 7 FOO CHOY PENG - JMM- By FOO CHOY PENG Chief Reporter FINANCE MINISTER Richard Hu thought that his bill which sought to sat up Singapore Totalisator Board to control income darivad by the Singapore Turf Club from horse racing and four-digit draws would paas without comment; He was366 words
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Briefly
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Article116 1987-12-01 7 VOLUNTARY contributions to the Central Provident Fund by the self-employed will be exempted from income tax and astate duty. The examption would take effect from the Year of Assessment 1967, Finance Minister Richard Hu announced yesterday during the second reading of the Estate Duty (Amendment) Bill which was116 words
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Article116 1987-12-01 7 THE GENERAL INSURANCE Association (GIA) is working out a new motor insurance rate structure to reflect better the risks of the insured vehicle and driver. The move was not a proposal to introduce a rate cartel, aaid Finance Miniater Richard Hu in response to a question about his116 words
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Article114 1987-12-01 7 NEW TRAINING STINTS for nurses and scholarships for nursing degrees are among the measures taken to upgrade the status of the nursing profession. Moves to recruit and train more Florence Nightingales are being taken to help fill the 1,000 vacancies for nurses in government hospitals. From next year,114 words
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Article82 1987-12-01 7 THE HOUSING and Development Board will demolish some rental blocks with high vacancy rates and the land will be used eventually for new developments, said Lee Boon Yang, Minister of State (Ministry of National Development). In reply to a question posed by Othman bin Haron Eusofe (MP for82 words
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Article116 1987-12-01 7 NO WARRANT of arrest has been issued against Catholic priest Father Edgar D'Souza because he was not directly involved in the Marxist conspiracy. But the Internal Security Department may want to question him. Father D'Souza, former associate editor of the Catholic News and closely associated with aeveral members116 words
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Article55 1987-12-01 7 RESETTLEMENT shopkeepers will not be given the option of renting shops in lieu of the cash grant of $26,000 which the government deems a fair amount. Those who wish to rent shops are given preferential margin of 10 per cent. HDB intends to build 150 shops each year55 words
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Article67 1987-12-01 7 THERE HAS BEEN a small rise in the prices of building materials. and any further increase in prices is bound to affect the building coats of HDB flats. But unless the price increaae is significant, prices of flats will not go up. The price of granite aggregate in67 words
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378 1987-12-01 7 NON-MEMBERS of the Central Provident Fund who jointly service housing loans with CPF members can soon join the home protection insurance scheme under a bill passed yesterday. The new provision under the Central Provident Fund (Amendment No 2) Bill is designed to protect families from378 words
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Article387 1987-12-01 7 THE GOVERNMENT decided not to hold by-elections in Anson and Geylang West because the two constituencies could be affected by plans for town councils to be formed, First Deputy Prime Minister Goh Chok Tong said yesterday. Mr Goh said that when the plans were implemented, some constituencies387 words
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132 1987-12-01 7 SINGAPORE'S Mass Rapid Transit system incorporates the latest proven technology in fire safety, said Communications Minister Dr Yeo Ning Hong. In reply to a question by Dr Wong Kwei Cheong (MP for Cairnhill), Dr Yeo said the fire safety measures include an extensive132 words
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Article, Illustration274 1987-12-01 7 ANNA TEO - By ANNA TEO THE GOVERNMENT does not have an obligation to prop up the stock market, said Finance Minister Richard Hu yesterday. Or Hu was asked by the opposition member, Mr Chiam See Tong, if the government intends to intervene in the local stock exchange, especially274 words
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Page 7 Advertisements
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Advertisement115 1987-12-01 7 Specially Prirkrtpjpd So Move (A* «5H *4 *4 v L. N ar V y rwu* \±i l»C: VtrtW UP T' JhT* ExcW»W« F«tiv« p^ta.FcttweH—^ TLe Ideal Festive Gif ts! Goodwood Gourmet Market's Premium, Exclusive 'Specially for Kids Festive Hampers. The Season's favourite meats and most popular chocolates and cakes. In115 words
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Advertisement206 1987-12-01 7 m < i m m i i mm *V -'5 Pi SR? 5 Never a building like this before IF YOU'RE GOING to move office within the next year, you must first see this remarkable building. Excellent burin— location close to MAS Building and Treasury Building. Direct access to East206 words
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COMMODITIES
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400 1987-12-01 8 Reuter IRAN'S push to raise oil prices has been checked by most Arab producers lining up behind Saudi Arabia to keep the benchmark unchanged at US$lB a barrel. Oil analysts in West Asia said Iran lost an important ally when Algeria on SaturdayReuter - 400 words
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Article426 1987-12-01 8 HONGKONG: GOLD yesterday closed firmer in fairly active trading on continued buying interest from both local and overseas investors, dealers said. They said sentiment on gold was boosted by technical strength amid a weakening US dollar, which hit a record low of 1.8380 marks in Europe just before426 words
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Article179 1987-12-01 8 ChlniN Product Mart* mam cMh9 p rtttl an Ne« X) (SS/100 k 9 Coconut oil M> FOI 93.00 Otd drvn» FO* 103.00 N*w drum FO* 107.00 Copra AM«*d (loo**) 53 Popper FO* NIW Sarawak 1210.00 FO* foq NIW 1195.00 btadi FOt^LW •37.50 f Q Mack FOI MW 952J0179 words
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Article244 1987-12-01 8 Reuter Cnida palm ofl Mam clOMd marginally higher yestsrday on continuad battar buying intsrsst on tha KLCE. Spot month Oacembar rosa $25 to $873 par tonna and January addad $19 to $874. Forward month Fabruary incraaaed $19 to $883. Turnover incraaaad to 789 lots from 722 laat Friday.Reuter - 244 words
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251 1987-12-01 8 Reuter COCOA producar and conauming nations hava schadulad ftva days of talks starting yaaterday to try to raacua thair international cocoa sgraamant and atop prioaa crashing in an ovarsuppttad world markaL Succaas hingaa on whathar mambars of tha International Cocoa OrganIs telon (ICCO).Reuter - 251 words
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Article64 1987-12-01 8 CRUDE MARKETS continued quiet because of the long US Thanfcgiving holiday. The Singapore products market was slightly firmer. tOt/fc nil Oa|i 0M (DacJ WM Taaai 1*43 wn (OacJ 11*3 wdi Products (FOB S'pore) UM/bffl Oim Kinmn 2XU ♦0J0 Oai u>- im6t 20S3 ♦an ISWt too «mA lAt/Mm64 words
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Article131 1987-12-01 8 Reuter THE PRICE of tin on toe Kuala Lumpur Tin Mart* (KLTM) yesterdey roN •I* cants from Friday's dooo Is M 517.09 s kg after quiet trading, dsolsrs said. A lowar European spot tin mart ot did not dampon sentiment as a strong sterling rata against Mm ringgitReuter - 131 words
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Article159 1987-12-01 8 Reuter •MQAPORE THE MARKET yaatarday doaad slightly lowar with Dtctmbtr 1 RSS buyars quoted at 215.25 cants/kilo, down 0.25 cant from last Friday's ciosa, daalars said. Tha morning saaaion tost 0.50 cants in modarata trading on soma trada sailing and long liquidation following lowar Tokyo advicaa. thay said. PrioaaReuter - 159 words
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Article213 1987-12-01 8 RASprk* la 8 NMS K lliMH NOON aosi fa* 1 RSS froMpt 21 *.25 *****N 2103 2175SN b* 1 RSS Ok §7 214.23 217.25 21*53 ***** Ml KSSJnN ***** 215.25 ***** ***** fa* 2 RSS Of ***** ***** ***** ***** fa* 3 RSS or ***** *****N ***** *****N213 words
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Article85 1987-12-01 8 poHMi) oca MM 87 JAM JAfY M RAS (cum N mt month) OON S*n (forwc N •wywi ird month) OON S*n sa 30 215-50 217 JO 215 JO 217 JO sa m ***** 21AM 214JOO ***** MRELB tvyan Slliri SMI cv 269JO 271 JON 270j0 272JON SMI85 words
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Page 8 Advertisements
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Advertisement150 1987-12-01 8 From a typists chair to acres of fully furnished office ill m t I mm Getz has got it EVEN IF IT IS JUST ONE CHAIR, GIVE US A CALL. WE HAVE A WIDE RANGE. WITH IMMEDIATE DELIVERY. IF YOU ARE CONSIDERING RENOVATIONS OR A TOTALLY NEW OFFICE LAYOUT, OUR150 words
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Advertisement38 1987-12-01 8 Orient Car Leasing Reliable long-term car rental for the business executive on the go. Call our HOTLINE now: ORIENT CAR LEASING PTE LTD 913, Bukit Timah Road, Singapore 2158 Wa taka good can of our can for you!38 words
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Page 9 Advertisements
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Advertisement284 1987-12-01 9 Engineered like no other ear in (lie world. l rFF^frfWi WwMmm i*. ■A S? > Ha mm: hmmHepl.,, A* y. •v?.. t -< *"JA i© t f< iiaKy-w jS* 'u '*r- v* im. *£> KSfitH KjS£g&&> gjg&g v. v > *?v 7 js£ W»£W *7 nm "< !•■> r •tf284 words
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PERSPECTIVE
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Article506 1987-12-01 10 MUCH HAS BEEN SAID about protecting the public against the unscrupulous professional, but little attention has been given to the professional worried about a rising tide of claims. In Singapore, this applies largely to the lawyers and accountants, who are beginning to feel the sting of negligence suits506 words
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Article, Illustration1848 1987-12-01 10 ALVIN TAY - Credit and charge card companies are set for a clash, especially with the arrival of the festive season. ALVIN TAY looks at the 'bells and whistles' that these companies are using to entice more members to their fold. ALVIN TAY WITH THE FESTIVE holidays1,848 words
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897 1987-12-01 11 IHT For some Japanese, Eishiro Saito, as head of the country's moat powerful employers' organisation, the Keidanren, exercises influence on par with the finance minister or central bank governor. As a new government takes shape in Tokyo, and is faced with theIHT - 897 words
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Article, Illustration761 1987-12-01 11 PATRICK SMITH - Japanese Prime Minister Noboru Takeshita (atx>ve), who took office last month, will face his greatest challenge in foreign policy, where he has to reconcile demands made on Japan by its allies and constitutional limitations on its military andIHT - 761 words
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Page 10 Advertisements
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Advertisement165 1987-12-01 10 Take A EreeTHb R>rA Taking the THb The International Herald THbune is a change for the better. And to prove it, well deliver the THb absolutely FREE to your office or home for two weeks. Your daily THb provides you with the latest on the world's most important news stories,165 words
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Page 10 Miscellaneous
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Miscellaneous667 1987-12-01 10 m j CRYPTIC PUZZLE ACROSS 3 Playfully ritui* to stick (5) Raid for soma days (5) 10 Big man I saa laaving a stricken ship (5) 11 Machine part, also whan ravarsa (3) 12 Fancy a doctor giving you a start! (5) 13 Failad to make it claar that mother667 words
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Miscellaneous1220 1987-12-01 10 wummm in PM SIC Te*t Somplo Pages. Opening and Programme Highlights folowtd by Carol lumen And Friend*. Singoporo Lecture 19S7— The Challenge Of Change In The Ada Padflc Region ly Bob Howke (Soo higMghts). No Pioco Uke Homo. Meiba (ft I). In Ms concluding episode, Ruby and Coorgo got a1,220 words
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Page 11 Advertisements
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Advertisement217 1987-12-01 11 Results just ahead. The first stop on the road to results is a phone call to IBM. We'll ask you some questions about your business and about the kind of results you're looking for. Then we'll put you in touch with the IBM Authorised Dealer or System Remarketer we think217 words
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Page 11 Miscellaneous
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Miscellaneous39 1987-12-01 11 I Tmf rFNTgpRMr, IC. P /IsomecMp- Tue west it is—THE somflaO colour PICTURE, of &R partoopißd LOST 7,«^ f\uru<vw nomScr of rue Reg***© CHesifeß-P«Ry ljcat..... House journal fnam's RSUNP&O \T~ @i .e- Standard Co Lid. I*»-1*7 (tll Pinl rf39 words
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MONEY AND EXCHANGES
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Article985 1987-12-01 12 Reuter SINGAPORE: THE US dollar closed lower against most major currencies in moderate trading as sentiment remains overwhelmingly bearish. It ended at a postwar low of 132.33/38 yen against an early 132.65/75 and Friday's New York 133.45/55 close. Dealers said the US unit met selling pressure at theReuter - 985 words
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Article1647 1987-12-01 12 INTEREST RATES OPTIONS nmoooi i Mm doy, Nm m •■Mar JO, 1*07 Dm or Mh I ft 1 Lav •Ml Lav Ml •too CA4 •MO 3*4A 223 CA4 9000 3I4A 203 CA4 *030 1*4* 199 CA4 •100 114* 103 CA4 *I2S 47 A •0 1 •190 *4* 34 21,647 words
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Article61 1987-12-01 12 THE overnight rata on the Singapore interbank market rose I*l/4 points to close at 1-3/4 per cent yesterday. The one- and twomonth rates rose by 1/16 point while three months remained unchanged. S$ interbank rates at 7pm yesterday: otm mo Oom"V 13/4 1 1/J 3 t/l* 3 7/1*61 words
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Article134 1987-12-01 12 Gold futurM on Nov 27 100 troy ouncac USt par troy ma Opaa Law MM 1Ok ***** 407.40 477JO 404.10 *9.30 Jan ***** -9.40 Nk M 4UK *91.50 moo 492JO 940 A#r 490.20 490 90 4*04)0 490J0 970 Jw« 495.50 J04J0 495-50 TO ♦040 *-9 502.50 510.00134 words
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Page 12 Advertisements
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Advertisement181 1987-12-01 12 The lion is ttw symbol bofh of Zurich and Bank Leu 4*" }S$S.. 4 >'-V *>*£$■' <# 5? I* U K 4 Swims banking Lion onion Hong Kong right on tho fa// of fit# Tlgor. already feel among friends! mitment, please contact our Senior Representative for the Far East Hans181 words
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BANKING AND FINANCE
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654 1987-12-01 13 NYT MOST EUROPEAN officials want Washington to stabilise the dollar and Bonn to kesp stimulating its economy whethsr or not those things happsn within ths framswork of a formal masting of ths world's industrial loaders. Japan, for ths moment, seems toNYT - 654 words
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Article612 1987-12-01 13 MARCH Eurodollar futures yesterday gapped lower at 92.00 during Simex opening on negative tone set by a tailing US dollar to new record lows in the Far East Trading activities remained light and thin as the March contract drifted lower to 91 .g7 support level in a bearish market.612 words
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Article86 1987-12-01 13 Treasury bills Period Issue Yesterday's closing Doy's code Maturity ftio Offft HIGH LOW 3 momtw BQ*****A 25.2.88 2.90 2.85 3.05 2.90 6 momtw •S*****S 21.4.88 3.02 2.97 3.25 1.86 1 yeor IY*****T 24.11.88 2.88 2.83 3.05 2.84 Government notes and bonds Period issue Maturity Coupon Yesterday's closing86 words
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Article72 1987-12-01 13 THE POST Office Savings Bank reopened its Upper Thomson Road branch yesterday and will reopen its Ghim Moh branch on Dec 14. Both offices had been closed in recent weeks for renovation. The branches are located at 301 Upper Thomson Road and Block 10, Ghim Moh Road,72 words
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Article277 1987-12-01 13 Asian market ASIAN DOLLAR deposit rstss yesterday firmed between 1/8 and 1/4 point at the outset reflecting a drop in US bond pricea, a 190 beeie points increase in US Commodity Research Bureau's futures index and moderate bidding interest by Japanese namee. Thereafter rates remained unchanged. Overnight and weekAxed cioeed277 words
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538 1987-12-01 13 Reuter FOREIGN EXCHANGE dealers in Asia can pick and choose where they want to work at well-paid jobs despite the uncertainty on world financial and share markets. Chief dealers and bank treasurers attending the Asia Pacific Foreign Exchange Congress in Manila said they wereReuter - 538 words
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357 1987-12-01 13 Coupon Number Li rlli ■KnCOiTTl Grow Amount k^oro®^ of day* of middle price f edefttptiofi Maturity Yoar ra(Md rat* mWflon) payment occrued (excluding ywo P<>) datot Interest accrued interest) po) 1.3.83 Loan 1 1973 •5* 321.94 1/3. 1/9 90 •100.80357 words
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Article, Illustration172 1987-12-01 13 Xfee prime Isndbig'raSs sI 12 aM|sr banks la S pore Interbank market n 1 i I i do us* t DM SWfC Y«n 7 tap 7 l/l* IS/I* V* l/l* f l/l* IS/I* la* l/l* 7 IS/I* IS/I* IS/1* 7 is/i* t i/i* is/i* i> s/i* s/t*172 words
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179 1987-12-01 13 Reuter CITIBANK NA Hongkong branch has privately placed the first issue of gold-linked certificates of deposit in Hongkong, according to arranger Citicorp International Ltd. A Citicorp spokesman said the CDs are in HKSI million denomination, mature in two years, and carry a 536 perReuter - 179 words
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591 1987-12-01 13 Reuter CHINA'a foreign debt ia rising too faat, with too many borrowers and a lack of unified management, and the money is not being put to its best use, Chinese experts have told the Financial Time» newspaper. Foreign bankers, however. said the debt,Reuter - 591 words
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Page 13 Advertisements
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Advertisement205 1987-12-01 13 f A Fordecadee. Rover cars have enjoyed the admiration of decerning motorists and car manufacturers all owar the work) Not only because of thair continental dependability but also for their sleek styling, sheer luxury and gratifying performance. A* theee endearing qualities, and more, are evident in the new Al6 valve.205 words
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SPORTS & LEISURE
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Article, Illustration390 1987-12-01 14 UPI IVAN LENDL defeated Pat Cash on Sunday to claim a healthy cheque of U*****,200 and leave the Australian broke in the US$l million stakea match. The Czechoelovakian won the best-of-five of 21-point games 11-21, 21-18, 21-7, 22-20 at theUPI - 390 words
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261 1987-12-01 14 AP THE WORLD'S third-ranked women's tennis player, Chris Evert, dominated native Baltimorean Elise Burgin with steady baseline play and periodic topspin lobs to win 6-2, 6-3 in the third round of the Cystic Fibrosis Tennis Festival at Loyola College on Saturday. Evert, aAP - 261 words
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Article, Illustration447 1987-12-01 15 AFP AMERICAN Curtis Strange lifted the major share of prize-money in the two-day U*****,000 skins tournament between four top international golfers in South Africa on Sunday. Strange, who admitted playing the poorest golf, picked up US$l6O,OOO to upstage fel-low-American Lanny Wadkins, US$100,000; Bernhard Langer ofAFP - 447 words
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184 1987-12-01 15 Bernama THE SECOND annual Pansea Cup sailing competition from Phuket in Thailand to Pangkor Laut off the Perak coast will be held from Jan 31 to Feb 4 next year and is expected to attract more entries than the inaugural race. The- event,Bernama - 184 words
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Article, Illustration528 1987-12-01 15 AP LEE TREVINO lofted a 6-iron shot 167 yards (150 metres) and into the cup for a hole-in-one worth U*****,000 in golf's skins game on Sunday. Trevino watched in apparent disbelief as the ball hit the island green of the 17th hole at PGA westAP - 528 words
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392 1987-12-01 15 WALTON MORAIS - By WALTON MORAIS THE SINGAPORE Sports Council has agreed to be co-organ-iser of the four-day fitness festival to be held next year in conjunction with the visit of fitness guru Or Kenneth Cooper. Or Cooper, who has been credited as being the392 words
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Article, Illustration1075 1987-12-01 15 NYT IT WAS GOOD to be in Leimen, West Germany, Boris Becker said, where he could sample his mother's cooking and spend time with friends he rarely sees. The past three years have been like a trip to Oz, as Becker was swept off hisNYT - 1,075 words
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Page 14 Advertisements
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Advertisement1042 1987-12-01 14 id wtat. dine and ***** goodies COSY, INFORMAL CONTINENTAL At Blooms Continental Restaurant, you'll not only enjoy the culinary delights and the cosy, informal atmosphere, youll appreciate our prices too. Besides the a la carte menu, our 4-course set lunch costs only $15.00. During dinner, strolling minstrels 'Los Pintos' add1,042 words
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Page 15 Advertisements
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Advertisement503 1987-12-01 15 r Sfi Is r There's a cafe on a lush, green hi 11... where you can take a break. Meet friends. Relax. Make choices from the delightful international cuisine and Asian favourites. Prawn Mee, Nasi Goreng. Prawn Curry. Rahmschnitzel. Hainanese Chicken Rice. And much more. At Cafe in the Park503 words
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Page 15 Miscellaneous
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Miscellaneous121 1987-12-01 15 Play golS the Sewy way The backswing KEEPING THE WEIGHT ON THE LSfTFOtW DURING THE BACKSWING ON A FULL SHOT IS A VEPY COMMON MISTAKE V THAT AMATEURS > V MAKE... r eta /TON PREVENT SWAYING THE RIGHT LEG SHOULD BE KEPT y WEIGHT ON RIGHT FOOT THE WEIGHT MUST121 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration3979 1987-12-01 16 SHARE PRICES drifted lower in quiet trading yesterday on now* of a weak US dollar and a sharp fall in the Tokyo stock marfcat Tha Straits Timea Industrial Indax droppad 14.64 points to 800.01 white tha broadar-baaad Buainaaa Tims» Composite Indsx shad 13.00 points3,979 words
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Article253 1987-12-01 16 SINGAPORE. Rises inc ICM Na* 37 Na* 30 HW I fm 3*0 1* IT 1)11 III 1 73a4* 707.40 HmWiiii «Ma 30* •T OS/OS -13$ -430 IVtlwVK XX) 0 •T Cadi -70*3 •71 SO •aafHMMl 23* J •T 10-day MA -*•7* -**33 Tat Lm tan 110 ♦s253 words
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Article2926 1987-12-01 16 BB> Hi cftr prkm officially portad the Stack Tm >imi at mrngMpart ytfday vtth tfc* I» bractat» \m SECTION ONE snuSTMAL COMMSftCMl Amm ***** 106 S) III 1.10 Mm O 70 SI Ami Steal 50« 11.156 1.14 S) (74: 140 041 1.19 I 18 Oil2,926 words
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Article189 1987-12-01 16 BRITISH MALAYAN TRUSTEES Limited: AGM at the Board Room, 17, Phillip Street #08-00, Grand Building, Singapore 0104 tomorrow at noon. TASEK CEMENT Berhad: 26th AGM at the Factory, Tasek Industrial Estate, Tasek Drive, Ipoh on Friday, Dec 4. at 11.30am. AYER HIT AM TM DREDGING MALAYSIA Berhad: 11th189 words
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Page 16 Advertisements
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COMPANY NEWS
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Article, Illustration667 1987-12-01 17 mm* mm:l» HOCK LOCK SIEW SINGAPORE LAND chairman S P Tao s broad hint that work will resume on the half-com-pleted Gateway project has raised some questions. It is interesting to see how many will be answered in the forthcoming AGM on Dec 11. In decidingHOCK LOCK SIEW - 667 words
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Article124 1987-12-01 17 New executive committee at ICB FOUR United Overseas Bank directors have been appointed to the executive committee of Industrial Commercial Bank Ltd. They are Messrs Wee Cho Yaw (chairman), Richard Eu Keng Mun (vicechairman), Ho Sim Guan and Lim Kee Ming. They replace the former committee of executive124 words
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614 1987-12-01 17 CORRINA LIM - Cycle Carriage makes turnaround to profitability Profit of $18.28 m compared with loss of $17.4 m previously By CORRINA LIM CYCLE CARRIAGE Ltd, distributor of Mercedes-Benz and Mitsubishi vehicles, is firmly back on the profit path and is intent on staying profitable in the current financial year. For the 12614 words
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Article, Illustration706 1987-12-01 17 NST FOOD and beverage manufacturer Yeo Hiap Seng (M) Bhd is going downstream into the retail business, with the opening soon of its first supermarket at the Asia Jaya complex in Petaling Jaya. The planned launch of the 12,000-sq-ft supermarket will makeNST - 706 words
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Page 17 Advertisements
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Advertisement98 1987-12-01 17 All these Bonds having been sold, this announcement appears as a matter of record only. [X The Nippon Credit Bank, Ltd (Kabushiki Kaisha Nippon Saiken Shinyo Ginko) U. 5.5150,000,000 1% per cent. Convertible Bonds 2002 Asian Tranche in the amount of U .S .$50,000,000 Nippon Credit International (HK) Ltd. Daiwa98 words
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Advertisement159 1987-12-01 17 All these Bonds having been sold, this announcement appears as a matter of record only. The Nippon Credit Bank, Ltd. (Kabushiki Kaisha Nippon Saiken Shinyo Ginko) U. 5.5150,000,000 1 3 A per cent. Convertible Bonds 2002 European Tranche in the amount of U. 5.5100,000,000 Nippon Credit International Limited Nomura International159 words
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REGIONAL MARKETS
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Article303 1987-12-01 18 Reuter AUSTRALIA'S largest retailing group, Coles Myer Ltd, will invest more than As3so million in new stores, refurbishment and technology this year, chairman and chief executive Brian Quinn said. Mr Quinn told the annual meeting that Coles Myer did not expect the share market slump toReuter - 303 words
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169 1987-12-01 18 Reuter PIONEER CONCRETE Services Ltd has bought 18.9 per cent of the issued capital of mining and exploration group Giant Resources Ltd from Ariadne Australia Ltd for A 5168.84 million. The purchase, made through Pioneer's listed petroleum subsidiary Ampol Ltd. takes its holdingReuter - 169 words
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2580 1987-12-01 18 SHARE prices retreated for the third consecutive session at the Kuala Lumpur stock market yesterday in continued thin trading. Losses were mostly marginal which probably indicates no real urge to liquidate. However, selective buying was noted among tin and plantation issues. Reflecting the2,580 words
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Article1363 1987-12-01 18 Hongkong Reuter SHARE PRICES in Hongkong closed sharply lower yesterday, pressured by s week stock market in Tokyo and concerns over a falling US dollar, brokers said. The Hang Seng index finished 55.79 points lower st 2.138.39 and the broader based Hongkong index lost 35.90 points toReuter - 1,363 words
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Article58 1987-12-01 18 53 +rnm. +r vt".. wmi. _'.v Ml Kanowon tad KM Motor Koton 1 Kotm Long T«rm Lucky LM Ortontol Brewwy OrtMMChM.... ggMc OtomtMi Sowtoung Corp. ION -MO ***** 400 ***** +0M ***** +400 ***** 1900 ***** +000 ***** 700 aooo +ooo ***** -400 ***** 1000 ***** +300 •wwg Mr==58 words
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Article321 1987-12-01 18 JAPANESE share prices fell broadly in light trad* yesterday at market hopes for currency stability were dashed by an increasingly faabte dollar, brokers said. "Investors are not sure about how the market will go from here and there is increased caution," said strategist Hank Sawa of Prudential Bache in321 words
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Article507 1987-12-01 18 Reuter THE AUSTRALIAN share market doaad firmer yesterday but off its highe as nervousness crept into trading ahead of Wall Street's reopening later in the day, brokers said. They said the early surge, fuelled by solid demand for gold stocks, gave way to Scattered selling in late business, especiallyReuter - 507 words
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Article59 1987-12-01 18 Reuter THE SECURITIES Exchange of Thailand Index loet 8.97 points to 290.42 on a turnover of 2.750.067 shares worth 244.57 million baht. Reuter nov m BAMT Ao Kham Thai t 270 -12 BW|MK A0fO4M. SlnfoTAiMdhy.. CtMroong TtMi VNr t CM 313 .314 4 •16 Otwna Stem «n Aaii Flfcr*Reuter - 59 words
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Article259 1987-12-01 18 NOV NT 1 AS Shioift lodu®..... 3 28 •inch Aili Ctmnl. 75 50 unch CoVtoy Cono. .77 JO 4 Chong Mw« Bank..... moo 12 CMm LoonQ .90.00 unch CMo Hafct Contort.... .00 JO •0.8 CMn Motot Flour 20 30 -01 CMno Cltom. 20 JO 0J CMno Dov 78 JO259 words
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Page 18 Advertisements
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Advertisement547 1987-12-01 18 NOTICES liS.U.' A 1 TENDER NOTICE EXTENER OF CLOSING DATE OF TENDER FOR THE PURCHASE OF FERRY VESSEL "PULAU PINANG" Reference to tender notice on tender for the purchase of ferry vessel "Pulau Pinang" which was advertised on 30th October 1987, please be informed that the closing date has been547 words
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Advertisement495 1987-12-01 18 IN THE MATTES OF THE COMPANIES ACT CAP. 80 AND IN THE MATTER OP PACAS ENGINEERING (S) PTE LTD (In Voluntary Liquidation) MEMBERS' VOLUNTARY WINDING UP (Pursuant tp Section At an Extraordinary General Meeting of the Contpa ny held atßlock 731 Bedok Reservoir Road #01-6100, Singapore 1*47 on the 17th495 words
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Advertisement283 1987-12-01 18 Kfci.i I'fVwi EE THE COMPANIES ACT (CHAPTER 50) AND WESCITI DEVELOPMENT PTE. LTD. (Incorporated In the Republic of Singapore) MEMBERS' VOLUNTARY i iTnTTTTfzij At an Extraordinary General Meeting of the Members of the abovenamed Company duly convened and held at ISI Chin Swee Road, #06-06 Manhattan House, Singapore 0816 on283 words
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Advertisement4 1987-12-01 18 > Subscribe now. Call 740-1840/1.4 words
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INTERNATIONAL COMPANY NEWS
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634 1987-12-01 19 NYT THE COMPETITION to buy EF Hutton Co is being complicated by the amount of capital the brokerage house has tied up in its new Manhattan headquarters 1 building, according to several Wall Street professionals close to the bidding. Also, the professionalsNYT - 634 words
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878 1987-12-01 19 NYT THE DOLLAR IS FALLING and that means the Britiah may be heading for the US and the Germans, the Japanese, the Swiss and the French too. A combination of a cheaper dollar and a depreased stock market is making corporate America evenNYT - 878 words
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597 1987-12-01 19 UPI FOR THE THIRD YEAR in a row. Minneapolis-based Cargill has topped Forbes magazine's 1 ranking of the top 400 private companies in the US, outpacing the No. 2 company's sales by nearly 60 per cent. The commodities trading company's annual revenues to-UPI - 597 words
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Article275 1987-12-01 19 ManoQors' priest for Dk 1 Singapore Unit Trust Tka Co—area 0* 0*3 Ttm Semap fund 075 081 S'pora frog Fund 035 040 S'pox Sac hind 056 042 S'pora h—gi Fund 042 067 S'pora Couaty f«ad 043 0 46 Asia Unit Trust Mai Ikvm) hjnd l» 1 32 Mai275 words
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Article, Illustration454 1987-12-01 19 FT THE STOCK MARKET crash in October has completely changed the outlook for gold coin producers because small but serious investors] have rushed to put gold bullion and good coins back in their portfolios, according to Mr Murray Church, director of communicationsFT - 454 words
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Article, Illustration649 1987-12-01 19 FT MK ELECTRIC GROUP has long been the subject of takeover j speculation; so long, in fact, that the City of London had almost up hope that a bid would materialise and seemed content to classify the UK's largest supplierFT - 649 words
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Page 19 Advertisements
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Advertisement261 1987-12-01 19 All these securities having been sold, this announcement appears as a matter of record only. New Issue September, 1987 ASAHI GLASS COMPANY, LIMITED U. 5.5250,000,000 3 PER CENT. NOTES 1992 WITH WARRANTS TO SUBSCRIBE FOR SHARES OF COMMON STOCK OF ASAHI GLASS COMPANY, LIMITED ISSUE PRICE 100 PER CENT European261 words
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243 1987-12-01 20 AFP ARMED TROOPS yesterday began securing the site for the Asean summit in Manila after it was hit by a minor explosion believed to be caused by a bomb planted by rightist or leftist extremists. Brigadier-General Alexander Aguirre, chief of security for theAFP - 243 words
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526 1987-12-01 20 JEFFREY TSANG - By JEFFREY TSANG HEWLETT PACKARD is setting up Singapore's first centre to develop software to connect computers together. Although computer networking is a relatively undeveloped area in computerisation, it is one of the fastest growing. And expertise in this area is crucial to Singapore's526 words
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302 1987-12-01 20 Reuter AUSTRALIA'S gross foreign debt rose to U*****.19 billion in the third quarter of 1987 from U*****.71 million in the second quarter and U*****.64 billion a year earlier. The Statistics Bureau in Canberra said yesterday that net foreign debt fell to U5581.65 billionReuter - 302 words
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Article117 1987-12-01 20 Reuter UK SHARES were in free-fall yesterday on the London Stock Exchange, in the wake of a fresh slide in the US dollar. The Financial Times-Stock Exchange index of 100 leading UK shares, which opened 45.2 points lower at 1,606.4, skidded further to post aReuter - 117 words
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Article355 1987-12-01 20 Reuter AUSTRALIAN Prime Minister Bob Hawke now in the Soviet Union on a four-day visit is expected to discuss with Soviet leaders the Kremlin's initiatives towards Asia and the Pacific. Mr Hawke and his entourage of more than 60, including 12 senior businessmen, will alsoReuter - 355 words
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406 1987-12-01 20 Reuter A PLUNGE of nearly 50 per cent in Japan's interim November trade surplus is one of the most positive signs that international economic coordination policies are finally starting to bite. Economists in Tokyo said yesterday that the trade surplus for the firstReuter - 406 words
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Article130 1987-12-01 20 Reuter INDONESIA will have to repay US$ll billion in government debt and interest in the fiscal years 1987/88 and 1968/89. Finance Minister Radius Prawiro told Parliament on Saturday that the debt burden would be around US$5 billion in fiscal year 1967/88, compared with the budget estimateReuter - 130 words
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Article93 1987-12-01 20 Reuter WALL STREET STOCKS fell sharply over a wide range early yesterday, following a decline in the dollar to record lows against the mark and the yen, raising inflation fears, said brokers in New York. Declining issues led gainers by over ten-to-one. Blue chips fell steadily withReuter - 93 words
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Article81 1987-12-01 20 Reuter COMEX SILVER FUTURES softened on profit-taking by day traders early yesterday, following a quick jump to four-week highs following a rally overseas on buying against a weak dollar. In moderate morning business. December silver was ahead 9.5 cents at U557.23 an ounce after coming down from aReuter - 81 words
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LATE FILE
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Article55 1987-12-01 20 UPI A TEAM investigating Sunday's crash of a Koraan air passangar jat said yeeterday that initial reports indicate "a tima bomb-like davica'" exploded on tha plana as it flaw ovar tha Thai-Burmaaa border. A KAL official said tha davica was put in tha luggaga orUPI - 55 words
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37 1987-12-01 20 AFP A LOUD explosion followed by a second blast rocked Dhaka's business district yesterday as ministers left the nearby presidential palace after a special Cabinet meeting, ssid diplomatic sources in New Delhi. AFPAFP - 37 words
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Article44 1987-12-01 20 AFP HONGKONG Governor Sir David Wilson left the colony yesterday on a six-day visit to China for talks expected to focus on the introduction of controversial political reforma in the colony before it reverts to Chinese control in 1997. AFPAFP - 44 words
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Article31 1987-12-01 20 AFP PREMIER Hun Sen of the Hanoi-backed Cambodian government haa arrived in Moscow, en route to France for talks with Cambodian resistance leader Prince Norodom Sihanouk. AFPAFP - 31 words
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Article39 1987-12-01 20 AP A FRENCH diplomat held for months in Teheran waa exchanged yesterday for an Iranian tranalator who had taken refuge in Iran's Paris embassy, signalling an apparent thaw in frozen relations between the two countries. APAP - 39 words
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Article37 1987-12-01 20 AFP AN ASIAN-PACIFIC conference on ways to stop illicit drug traffic opened in Tokyo yesterday, with about 70 army, police and customs experts from 20 countries and international organieations taking part. AFPAFP - 37 words
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Article58 1987-12-01 20 Bernama ES THE PRICES of dieael and kerosene throughout! Malaysia will be raised from today. The Trade and Industry Ministry said yesterday that the price of dieael will be raised between 1.3 cents and 1.7 cents per litre while that of kerosene will be increased betweenBernama ES - 58 words
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170 1987-12-01 20 SMALL- and medium-sized enterprises (SMEs) can make use of a special assistance scheme developed by the Skills Development Fund (SDF) Secretariat to help them plan training programmes for their employees. The Generic Training Plan (GTP), which will benefit local SMEs, was announced yesterday170 words
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Article, Illustration260 1987-12-01 20 UPI AWARD-WINNING choreographer Goh Choo San, whose ballets have been performed around the world, has died of an Aids-related illness. He was 39. Goh died on Saturday night at his Manhattan home in New York of viral colitis, a disease that frequently afflicts victims of acquiredUPI - 260 words
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Article301 1987-12-01 20 Bernama SABAH'S State Assembly Speaker Pandikar Amin Haji Mulia resigned from his post yesterday. In a five-paragraph statement released in the state capital of Kota Kinabalu, Mr Pandikar Amin said he resigned from the post of his own accord for personal reasons, part of which, he said,Bernama - 301 words
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263 1987-12-01 20 Bernama UPI MALAYSIAN POLICE yesterday released 11 more people detained under the Internal Security Act since Oct 27. The release brings to 26 the total number of people freed out of the 106 detained. Police in Kuala Lumpur said the people were released unconditionallyBernama; UPI - 263 words
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Page 20 Advertisements
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Advertisement121 1987-12-01 20 Space to turn the wheels of industry Whether you're gearing up to lease, buy or sell industrial space, KFCB is in an ideal position to help you. Over 40 years experience in property gives us an unique advantage in helping you secure a better deal. Which is why, some of121 words
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Advertisement52 1987-12-01 20 Cantonese Cuisine Par Excellence! None other but TungLok. *st v I i s Offer not Get V 2 dozen of Brand's Bird's Nest FREE, when your bifl at the restaurant exceeds $350/- and above. MM tu 9 WKm TUNG LOK SHARK'S RN RESTAURANT 4th Storey. Liang Court River Valcy Road52 words
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SHIPPING TIMES
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434 1987-12-01 21 Bernama PORT KLANG is expected to be designated a free trade area by April next year, Klang Port Authority (KPA) chairman Datuk Michael Chen said. The Customs department had agreed to the move and the KPA was finalising the detailsBernama - 434 words
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258 1987-12-01 21 Bangkok Post THAI OIL Co, the semi-state-owned oil refinery firm, will form a shipping subsidiary to transport refined oil products to its clients. A company called Thai Oil Transport Co will be formed to take over the operations of coaatal tankers from Thai PetroleumBangkok Post - 258 words
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221 1987-12-01 21 THE STATE of Qatar has decided that Abdul-Aziz Salatt, the chief executive of the United Arab Shipping Corporation, return to Qatar to take over the management of a vital Qatari institution. The board of directors of UASC has seconded Abdul Fattah Al221 words
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PORT SIDES
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Article106 1987-12-01 21 THE PORT of Monrovia will from next month impose weight limits on containers moving in and out of the port. From Dec 15. boxes must not weigh more than 20 tons for 20-footers and 25 tons for 40 ft containers. Fines of US$5OO per 20-footers and106 words
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80 1987-12-01 21 International Transport Journal THE FOUR Taiwanese container manufacturers. Evermaster. Union Container Industries. Neptune Containers and Associated Industries China (AIC) are confident that they will be able to increase their last year's production figures by a third this year. In total, they expect to build 83,000International Transport Journal - 80 words
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773 1987-12-01 22 Fairplay SEAGOING radio officers won an important victory in their struggle against redundancy when the International Telecommunications Union (ITU) agreed to retain the requirement for on-board radio operators after the introduction of the automated Global Maritime Distress and Safety System (GMDSS) inFairplay - 773 words
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245 1987-12-01 22 AP TWO BOATS a day sink on China's .inland waterways as the growth of private transporting haa resulted in a sharp increase in boat accidents, the China Daily said. Tf>e official daily said 1,060 people were killed in 3,235 river transport accidents in theAP - 245 words
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Article759 1987-12-01 22 AB Shpg V 5 ABC Container VIII I Accord Shpg VI 3 Africo Oceon X 2 Alltrons VII 3 Americon Tpt X 4/5 Anship Int'l V 3 Anro Service IV 2/3 ANl 1 1/2 A PC Line V 4 Aft III 2/3 Arrow lines IX 5 ASCI759 words
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Article1143 1987-12-01 22 SINGLE voyage business was slow to emerge following Thursday's US Thanksgiving holiday, although there were several time-charter bookings reported, including one to Soviet charterers, brokers said. A vessel of 72,000 tonnes dw was booked by Soviet interests on a trans-Atlantic round voyage from Piombino to the Skaw-Cape Passero1,143 words
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464 1987-12-01 23 Lloyd's List A NEUTRAL self-policing body is to be appointed by the powerful Asia North America Eastbound Rate Agreement (Anera) to try to stamp out rate cutting by its member lines. Anera managing director. Mr Albert Pierce, said owners had voted to employ aLloyd's List - 464 words
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Article119 1987-12-01 23 Bernama A 400-TONNE cargo vessel sailing from Singapore to Sandakan sank about 35 nautical miles off the Mukah coast near Sibu after it sprang a leak on Sunday. Six of the 11 crew of the Soon Ping No 2 managed to reach Mukah in aBernama - 119 words
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258 1987-12-01 23 Cargonews Asia SHIPPERS OF fresh produce and fruit to the US are finding the port of Philadelphia to be a good distribution point for the eastern seaboard as well as Phoenix, Arizona and Boise. Idaho. In the past several years the port,Cargonews Asia - 258 words
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Article59 1987-12-01 23 THE PORT of Amsterdam registered a 18 per cent decline in transhipment cargo for the nine months to September this year. In the period under review. 22 million tonnes of cargo were transhipped. Losses were seen in dry and liquid bulk cargo sectors. Fertilisers and gravel,59 words
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Article269 1987-12-01 23 AFP THE SHORTER trading week caused by the Thanksgiving holiday in the United States spurred charterers into a flurry of activity at the beginning of the week on the tanker market, with particular emphasis on larger tonnage loading in the Gulf. London brokers E A Gibson pointed toAFP - 269 words
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Article, Illustration215 1987-12-01 23 Reuter A KUWAITI oil tanker which used the name of a Rumanian vessel in an attempt to escape attacks in the Gulf last week also flew a West German flag, Tehran Radio said. Gulf shipping sources said Iranian Navy vessels fired on the 66,652-tonneReuter - 215 words
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8672 1987-12-01 28 3®aßGmß 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.8,672 words
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Article1372 1987-12-01 29 AT CONVENTIONAL WHARVES VMM) Bw« 1 Arrival Oaparl KEPPCL WHARVES Colotwt 00 oio«gi<da 01 12 0100 Eot'«rf> GlOfy o» ntonQinta 01 *****0 K2B n'nnpurta 01 *****0 Hvong long K27 o>o«g*da 01 12 1100 J«ngnon K33 olo«g«da *****300 Ko<0 Wong K2I nlnng^da *****300 U2 otongvda 03 *****0 Uo1,372 words
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Page 21 Advertisements
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Advertisement437 1987-12-01 21 TIMES STP Distributors o Qtnt&imx In NORTH AMFRICA ATLANTIC FXPRFSS (ROUND THf WORID ROUTING fXPORT ksaka umm mmrm /memoes torn. mm. PORT KELAM TIL 3WIU TM to. MAJN77MAJB Lhnam tu «i« TO£X m mamn cn mw fPJMAM TEL' SUJU/J TELEX ML 3/12 2*12 Vi 7/1 v I*l aru w iw437 words
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Advertisement66 1987-12-01 21 SEAGOING radio officers won on Important victory in their struggle against redundancy whan the ITU agreed to retain the requirement for on-board radio operators. Pege ll A NEUTRAL self-polidng body is to be appointed by the powerful Asia North America Eastbound Rate Agreement (Anera). Page 111 index to odverttsers N66 words
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Advertisement440 1987-12-01 21 Agont: Singapore SovM Shipping Co Pto Ltd 1* *****33 MAERSK LINE DIRECT TO BELGIUM SINGAPORE/ ANTWERP 17 DATS Th* Mtk LAUST M CXMrng Tm CY— 2/12 2300 MRS CFS 2/12 1300 MRS AXEL M. M TOKYO SMM 3/12 4/12 10/12 11/12 17/12 ia l2 24/12 25/12 31/12 1/1 7/1 an440 words
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Page 22 Advertisements
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Advertisement437 1987-12-01 22 COMPAGNIE MARITIME D AFFRETEMENT REGULAR CONTAINER SERVICE FAR LAST TO EUROPE MEDITERRANEAN WEST AFRICA OU I BOUND TO NOHTH CONTINENT U NAVK ETA ROTTIMMB ET* n —7 FELIXSTOWE ETA OIU I*l r~iri M nti -rvn m-mm rr hssfea EXPRESS SERVICE TO WEST MEDITERRANEAN SINGAPORE/ MARSEILLES 16 DAYS SINGAPORE/ BARCELONA (DIRECT)437 words
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Advertisement17 1987-12-01 22 Una* and sarvicas rapraaantad by -Members of the Ragistry of Aocradltad Shipping Aganta, Singapore National Shipping Association.17 words
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Advertisement202 1987-12-01 22 CHARCEURS REUNIS f'.; FEEDER VSL 'A'm 'A' ML ETA rTDK BOTNEI VS. MARSEILU SUM C* LItERVIUE a O2 W at LMKVHIE ZtfU jete wwn-Awra fort si ss s Optorg Shipping Pte. Ltd lEL M A r«un Urn "■iSSE lM*«kr UtoM Mm Hiilh Mi Dim rka f: Sg 5" SSI T202 words
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Page 23 Advertisements
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Advertisement725 1987-12-01 23 ■MB The Straits Kflp Steamship Group Mansfield Container Shipping Pte Ltd Bttrvpt P&O Containers Limited STRAITS SHIPPING llnpipnn to itlnh. jwwli. Brunei Ports and Bangkok f«xr.n.'. av: tixui. urn ft casus progress vsm PEGASUS PROGRESS VSM rrott b'kok In WU OK tMI OK tm Dsc U UDk am am aw725 words
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Advertisement588 1987-12-01 23 ra [•i EUROPE •F 7N Alt ffl 1 MJI iv-u il'.i i i I i. i.» rr-r m nr. W. 3 USA PANAMA _u Ef 711 Mlt ait U 717 ait 14J1 EF Ml KJI Oil MJI lUI lUI tui zui im NJt lUI lUt I 1 ill'Ml 1 lII'588 words
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Page 24 Advertisements
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Advertisement405 1987-12-01 24 CONTAINERSHIP SERVICE TO UK/CONTINENT ALSO ACCEFTINC CAMO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUNLIN COPENHAGEN, AAJtNUS. COTHENNUKG. MALKO HELSINKI. OSLO. ABBTEROAII CONV.SEMI CONTAINER SERVICE TO EUROPE CONV S'.MI CONTAINER SERVICE TO MEL- EUPOPt CONTAINERSHiP SERVICE EROM UK CONTINENT >StM IFX Spore hmjCjfl A'vwv SM SM SM SM SM SM SW405 words
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Advertisement587 1987-12-01 24 LINE MtA Cf**urm FULLY CONTAINERISED SERVICE TO fUROPt VIA SUf Member ot the Ac? Consoftiuni •FDR/MOTHER VESSEL V MJ LA OAK SEA VCR OCN 56E/KOREAN WONIS iIN 72E 6/12 19/12 13/1 VI 1/1 6/1 KJJ 41E/KOREAN WONIS SEVEN 46E 15/12 26/12 UVI 13/1 15/1 16/1 NCY 421/ PACIFIC PROSPERITY 14E587 words
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Advertisement273 1987-12-01 24 Wa FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: SAILING 12/12 25/12 mFwmznm FOR: PORTO, LISBON, ORAN, BILBAO MADRID, MALAGA. MELILLA, TANGER, TENERIFE, LASPALMAS. TUNIS, VALLETTA, IRUN. CEUTA. ALGIER ISTANBUL USA, PORT MORESBY, RABUAL. LAE KIETA, MADANG KIMBE NOUMEA SUVA/LAUTOKA 27/12 31/12 NEW ZEALAND AUCKLAND. WELLINGTON LYTTELTON.273 words
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Advertisement812 1987-12-01 24 EVERGREEN iirirr S> Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) w w w mi w inwwmanztnMnwvn w iw wi viu I ua m un m m m m w In m W" lid wi »n EVER GREET «I 1 W W WI EVE* en ace 202 EVE* UNKING »02 1302 I*l2 1702 Ilfl812 words
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Page 25 Advertisements
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Advertisement702 1987-12-01 25 PACIFIC INTERNATIONAL LINES \V\ PIL Building, 140 Cecil Street. 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE KOTA EAGLE MAJAPAHfT OOWA VOY SM XT MY VOY SIN fod hko km m htc yok ngo kom jus MM 14/11 imi 14/11 MMB It/12 14/12 24/12 24/12 24/12 34/12 OWT OtMT702 words
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Advertisement543 1987-12-01 25 \a BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT ST OH HAM r HAVEN RBMI NAVM W! VI! SI) Bfll »1 w w itu an uu mi in mm w in «i «i m u/i wi wi wi wi I*l i7,i an wi 21/1 an an nn on an wi543 words
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Advertisement393 1987-12-01 25 -A 4 m m T,l •WQi "Wil MVUIIwWa WVIM| I nWMi ALSO ACCEPT HK ROTH CONTAINERS, CONVENTIONAL CARGO VIA T/S TO I MNTTI NULL. Li HAVRE. OSLO. COPENHAGEN. AARHUS, GOTHENBURG HELSINKI V I:'w\w :1 >n DJAKARTA LLOYD INDONESIAN NATIONAL LINF EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE VSUVOT SPORE BILBAO393 words
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Advertisement307 1987-12-01 25 BOUSTEAD SHIPPING AGENCIES 1* BURMA FIVE STAR mam smmm (Burmese National Line) Loading for Rangoon Spore P.foUng Penang Bangkok PA-A* VUM 7/1 OK PAGAN VUIW M Ok PAGAN VI22W M 7» Ok BANK LINE PRO-ATLANTICA VIN (CALLING LEIXOES 1/1) TAUSALA SAHOA VIIN MORAYBANK V4N CLYDEBANK V22N SOyTMBQUND FROM UK MOKAYBANK307 words
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Page 26 Advertisements
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Advertisement1251 1987-12-01 26 928^ ATLADTtC COAST (Round-The-Wortd Service) •W/PNC S'PORE LB CHLS NEPTUNE J ADC VW SID 3Ok XOk 5 Jan OMENTAL FAIR VI sOk 10 0k lZ 12 n ORIENTAL FAIR VS sOk 10 Dk 2 Jan •VIA FEEDER PACIFIC SOUTH-WEST FEEDER VSL 'PK/PNG SP MOTHER VSI NEPTUNE JADE VlO SID 31,251 words
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Advertisement729 1987-12-01 26 '/U AUSTRALIA EXPRESS CONTAINER SERVICI Accepting FCUFCL ContatoMra PKotanf |l«or VttMl S'port I KM) from Sy#n Ate Aa iSHiSyyr V 29 ?1 SJml4Jm 12 Jan Adol/Bn WWW V-» 21 Jon s f«t 14 FA 12 Fofe AdM/Bri INDIA EXPRESS CONTAINER SERVICE »mp«K| FCUTO. CnMwi Smmm P.KoMm Pmi loads* tor Moihor<N729 words
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Advertisement784 1987-12-01 26 GOLDEN LINE MSi.SV GUM GUW SWTME (fit) LTD S, Tatot Afar Sml 1 —'4 SINGAPORE MM TtL: SMM (M LINES) FM: BO STRAITS/PERSIAN GULF SERVICE: Sport P Mm* hw QOLDEN KAJt Colombo/Mracht/DuOai/Oamnwr VI Ok 001OCN HARVEST Cofanto/KaradM/Outw I/W Jan CHINA StKVltt A VESSEL Xmmm, Shanfha< VI Ok •AI TUN SHAN784 words
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Advertisement448 1987-12-01 26 y.wj'jtxtmur.t:* Tuesday, DecemDer i, iw/ PHILI OmeNT UN€S PT€ LTD HEAT o'f Zi 63 PD6 S!CN -r ft gj in S"; 5 C l ff if j* ps EAST/FAR EAST Fa A LCI SEHWCE 5/12, UA2 ►Oi 22.17 DOHA. MUSCAT, BAIBIAIN, MU OMAN i SHARJAH. JHXMH. HOOBDAM. AQASA R. KONG448 words
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Page 27 Advertisements
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Advertisement805 1987-12-01 27 NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTO. ft EU/AUST TPA/SEA Tonmnal CFS BOOKINGS *****53 *****42 man *****41 Z7w» 27*111 27*1 <1 NEPIINE SON BHD. 3M8887 inward/outward NEPLINE SON. BHD. *****33 ENQUIRIES ***** M nepiine SDN BHO. um&ivimnzmiitzm NEPLINE SON. BHD. zamnmn Alm -"if-t ttrjo to/froai Sundtiuvu SS nRIOGE Spar*805 words
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Advertisement420 1987-12-01 27 OOMAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN. INCHON Vessel s Nam* No 9 Donam/7WN No Donam/709N M E'PriM/715N No Donam/712N No J Dona«/70M No 7 Donam/709M No I Donam/710N Gloria/721N ETO BS BKK U/ll 23/11 17/11 ani 07/12 11/12 13/12 25/12 20/12 31/12420 words
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Advertisement770 1987-12-01 27 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 PENANC ||S HANDLING SYSTEM CO SON. BHD MESSRS MAI THONG SHIPPING 127 fW* Strwt. FW*770 words
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Advertisement16 1987-12-01 27 XIiKH K 4 MADJU SENDIRIAN BERHAD ?0 If Tonq Pnq Buildinq Smqapore 0 106 Tel- 2?SB7<16 words
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Page 28 Advertisements
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Advertisement279 1987-12-01 28 1 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (30 Linesi FAX *****39 *****76 TUEX RS ***** A B SSCMA. RS ***** A B SSCAD VLB OF UTF RACHT SEEREtDEREI INTEGRATED FULL CONTAINER SERVICE "VIA COLOMBO Accaptmf cargo tor INDIA Bombay, Cochin, Madras I Calcutta "VIA LARNACA: Aatptinf cargo tor279 words
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Page 28 Miscellaneous
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Miscellaneous180 1987-12-01 28 Regional Weather a u It r 7a m 38 *1 V id SP SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: C yA a Wind direction with speed m knots Wove height R Thunderstorm Temperature c XS V Shower Weather -V Wmd direction with speed m knots180 words
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Page 29 Advertisements
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Advertisement261 1987-12-01 29 WE UNI-OCEAN LINES PTE. LTD. 60 C«cil St. *52-01, Kn ftuitding S'pore 0104. T»l: *****66 15 LinM) T«Wx.- ts ***** UNISHff CMTAMQ FOB SOVICi Tl IMtUKSI VESSEL SIN CMCTMONG CMALNA :-M I f w m LI YANG B 1(1 U-IVI l«-l«n M TONS MAX. LTT 49 NOW POMTS. ScanDutchV TO261 words
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Advertisement586 1987-12-01 29 UNIPACIFIC TRANS. TRADING AGECY PTE. LTD. IRAQI LINE •t; r:'i <*•»•»• Sf «C« EAST BOUNO SERVICE ETA STORE LOADING FOR WEST BOUNO SERVICE ETA S"PORE LOADING FOR S/12 MM, A^ab* 1502 MM, A*te. ALSO ACCEPTING B/U to BAGHDAD UPON REQUEST CONTAINERS UPTO AOABA BAI Red Sea Express Vsl ETA i.V.586 words
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Page 30 Advertisements
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Advertisement269 1987-12-01 30 Wax Sun Hup Co (Pte) Ltd TFI ??0490h Lines) TI Rf> ?20M RS ?o<Sn' \M I K\ \K I l\l K III) CAR CARRIER SERVICE TO MUARA/KUCHING KK Loading at appropriated Berth P4-P5 MOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG, TAIWAN t CHINESE PORTS. SUBJECT INDUCEMENT I IMLintermaritime SOUTHERN AFRICA269 words
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Advertisement500 1987-12-01 30 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUDi W EXPRESS SEM-CONTAfCR SERVICE TO PRO ATL ANTICA VIN 12/12 TAUSALA SAMOA VIIN 3 MORAYBANK V4N 13/1 CLYOCBANK V22N 27/1 Calling Leuoes 'Mm Ace *tu* FCL ti AnUiaipfti MM/ADAM HBC HULL (U.K.) 12/1 11/1 2/1 27A 2/2 V 2 *(2 l«/500 words
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Advertisement166 1987-12-01 30 LCL WEEKLY SERVICE TO: WEEUm 2/12 MM/MEM 1/12 BANGKOK 2/12 MTTBMM 8/12 MMWK 2/12 TUNY 1/12 FRBMRTIf 7/12 SYB/MHJ IS/12 WEEKLY CONSOL. SERVICE FROM GERMANY CON-CARRIER 46/17 CON-CARRIER 47/17 ETD GERMANY ETA S'PORE IQ/11 1/12 17/11 1/12 LCL SERVICE TO CARRIBEAN PORTS ST. VINCENT, GRENADA, ARUBA, GRAND CAYMAN, BERMUDA, BELIZE,166 words
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Advertisement439 1987-12-01 30 **********11 •04-BSLB/4, *****3 •07-***** •07-*****3, *****5, *****0, *****1 42-*****22 ***** m mm CALL U8 AT: P. KELANC PENANG J. BAHRU P. GUDANG SINGAPORE K. LUMPUR WEEKLY FAR EAST/EUROPE CONTAINER SERVICE TO EUR FEEOER t. BUTANC :mi TV rrr v 'F: i y MSI. ME STOCKHOLM, FROM EUROPE vs. BJ2 I439 words
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