The Business Times, 28 December 1987
1987-12-28
1
28
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The Business Times
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Title Section11 1987-12-28 1 BUSINESS TIMES MCI (P) 95/12/87 MONDAY, DECEMBER 28, 1987 75 CENTS11 words
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Article, Illustration409 1987-12-28 1 LILIAN ANG - Negotiations to buy or build condominiums By LILIAN ANG JAPANESE COMPANIES, on a world-wide hunt for real estate bargains because of the yen's sharp appreciation, have set their sights on Singapore. A number are in the midst of negotiations to buy over or409 words
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Article205 1987-12-28 1 A CHINESE-MUSLIM restaurant will be set up by the Singapore Malay Chamber of Commerce and the Singapore Chinese Chamber of Commerce and Industry, according to Berita Mmggu The Malay language Sunday paper said the Five Star Chi-nese-Muslim Restaurant will serve top rate "halal" prepared according205 words
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Article223 1987-12-28 1 AFP THE SOUTH KOREAN government has tentatively set at 8 per cent the country's economic growth rate for next year, down from an estimated 12 per cent in 1987. Gross national product (GNP) would increase from US$l2O billion in 1987 to US$l4O billion in 1988, withAFP - 223 words
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468 1987-12-28 1 PRIME MINISTER Lee Kuan Yew's lawyers have given the Far Eastern Economic Review up to 4pm this Wednesday to retract and apologise for what they called libellous and untrue allegations against Mr Lee in an article the magazine published on the Marxist conspiracy.468 words
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Article102 1987-12-28 1 UPI PHILIPPINE government and rebel forces renewed their hostilities after a twoday Christmas ceasefire, leaving five guerillas dead and five soldiers wounded in two separate encounters. Officials said offensive operations against the 23.000-strong communist New People s Army have been resumed with the military accusing the insur-UPI - 102 words
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434 1987-12-28 1 LADIES AND GENTLEMEN, and especially you Kids, coming to a cinema near you Ronald McDonald! This could well be the next marketing slogan of fast food chain McDonald's, which has now on its hands almost as many cinemas in Singapore434 words
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575 1987-12-28 1 AFP Reuter THE stock market in Tokyo is bracing itself for further losses on the year's last trading day today after a black week left prices below the 22.000-yen level for the first time since the world stock crash. Despite a firmAFP; Reuter - 575 words
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Article120 1987-12-28 1 AFP THE SOVIET airline Aeroflot is rife with nepotism, favouritism and rampant alcoholism, the Communist Party organ Pravda charged yesterday in a blistering attack on the national carrier and the Aviation Ministry. The paper said Aeroflot representatives in foreign capitals were appointed on the basis ofAFP - 120 words
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Page 1 Advertisements
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Advertisement351 1987-12-28 1 Need a car or truck loan? \Wfoong 737-7977 MtFJ Mortgage And finance (S) Ltd A holl\-<m ncii suKiiluir> ol I (■Claymore Mill #01-411 Claymore Plaza Singapore W22 AFTER HEADING the MPH group of companies in Singapore and Malaysia for 14 years, Patrick Mowe is calling it a day at the351 words
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Advertisement295 1987-12-28 1 mm THE JAPANESE GOVERNMENT has asked oil companies to cut imports from Iran by 30 per cent. ASIA-PACIFIC, Page 3 THE IDEA THAT Third World countries may never pay off all their debt has finally come out of the closet and some economists say it might be best for the295 words
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Advertisement114 1987-12-28 1 Food&HotelAssBB f Call: *****47 tor more details today' Because of \kchiyofe enthusiasm, no other airline can offer you this: t t .-j r V > r THE JAL PLEDGE Jj As highly trained and dedicated .p pmfc wionah we will confidently do our utmost to make any flight with us114 words
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MANAGEMENT
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Article, Illustration1829 1987-12-28 2 After heading the MPH group of companies in Singapore and Malaysia for 14 years, Patrick Mowe is calling it a day at the end of this year. In a wide-ranging interview with CHUANG PECK MING, he looks back at his career1,829 words
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947 1987-12-28 2 David Wong - By David Wong Ernst Whinney Consultants Pte Ltd RECENTLY, there has been growing interest 4n the valuation of privately-owned businesses. Valuations may be required for various reasons a share in a private company may need valuing for estate duty purposes; or a private947 words
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494 1987-12-28 2 FT MAN BITES DOG. Japan imports American management methods. In a move which flies in the (ace ot conventional wisdom about the shortcomings of American business education, the first ever agreement has been signed to establish a US business school on Japanese soil. ThisFT - 494 words
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Page 2 Advertisements
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Advertisement118 1987-12-28 2 i CS ST**.' > i *£8* r«-v 1 i Leave your worries with Us Container Trucking Conventional Trucking.... Warehousing.... Local Distribution.... Shipping Documentation.... Custom Clearance Freight Forwarding.... Cargo Consolidation and Deconsolidation Container Storage.... Container Repairs.... NVOCC a one stop shopping center for your shipping and cargo needs. We have all118 words
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Article927 1987-12-28 3 ARRIVALS Operator S*rvfc* Local From numbor StA son 0115 LAX/NUT UA UAS05 0120 SFO/HKG MAS MH619 0125 KUL MAS MH7079 0140 PtN AC AC581 0200 8KX PU PK766 0505 KHI/ftKK SU SO40I 0550 CM* SU SQ41 0610 MAA MAS MM601 0730 KUL SU SQ45 0750 MftU SU927 words
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ASIA-PACIFIC
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Article200 1987-12-28 3 AFP JAPAN'S current account surplus for November was down 29.6 per cent from November 1986 to U555,792 billion, the Finance Ministry said on Saturday. It was the seventh straight month year-on-year decline. The surplus was sharply down from October's figure of U556,546 billion. Ministry officials attributedAFP - 200 words
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183 1987-12-28 3 AFP ABOUT 20,000 of China s top officials will receive refresher courses in Marxism over the next five years, the official New China News Agency (NCNA) said on Saturday. The group of high and middle ranking officials will include government ministers, provincialAFP - 183 words
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264 1987-12-28 3 Reuter CHINA'S 1987 foreign trade statistics will show the first surplus since 1963, the official China Daily quoted Foreign Trade Minister Zheng Tuobin as saying. Exports totalled US$3l.7 billion in the first 11 months of the year, nearly 30 per cent more thanReuter - 264 words
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Article, Illustration312 1987-12-28 3 UPI THE JAPANESE government, in an apparent about-face on the US-led embargo of Iranian oil, has asked oil companies to cut imports from Iran by 30 per cent, Tokyo's leadingUPI - 312 words
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Page 3 Advertisements
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Advertisement72 1987-12-28 3 You ami hip d hurting chddrm. Butyouamhdp one of them. V oji 224-74-19 A Jt message sponsored by J A community *3 WORLDT VISION CARING TO6ETNEI FOR A lETTEI VOILI 10 Aiuon Road *35-08 International Plaza Singapore 0207 LERS PTE LTD MY RESPONSE SUP I Yes. I will sponsor a72 words
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Advertisement201 1987-12-28 3 5; A l"ur> Pulo at" HyA *t £i n p«. U/c f- c «v/« one V *K I WISH I WAS A TWO HUMP CAMEL JAMES. OR MAYBE A HAIRY GORILLA. f k I KNOW HOW YOU FEEL STANLEY. ALL THIS WAITING FOR THE s •n t J a V201 words
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REST OF THE WORLD
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584 1987-12-28 4 Reuter THE IDEA that Third World countries may never pay off all their debt has finally come out of the closet and some economists say it might be best for the global economy if they were indeed forgiven. At a November LatinReuter - 584 words
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346 1987-12-28 4 AP THE DECLINE of the dollar on foreign exchange markets is proving profitable for the Florida citrus industry, which plans to spend US$lO million this year advertising in Japan and Western Europe, industry experts say. After a record 1986-1987 season in whichAP - 346 words
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Article50 1987-12-28 4 AFP EXPERIMENTS conducted in weightless conditions during orbital space flights have shown that "space children" can be born outside earth's gravity, Oleg Gazenko, director of the Soviet Health Ministry's Institute for Medical and Biological Problems. said on Saturday in an interview with the government newspaper Izvestia. AFPAFP - 50 words
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311 1987-12-28 4 AFP IN AN EFFORT to remedy crying shortages in consumer goods and services, Soviet authorities are boosting salaries and seeking to foster private cooperatives while at the same time looking to tax reform. Private cooperatives, introduced a little over seven months ago. areAFP - 311 words
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213 1987-12-28 4 AFP THE SOVIET UNION has no more than 50,000 tonnes of "toxic substances". the Foreign Ministry announced in Moscow on Saturday in the first official estimate given by Moscow of the Soviet chemical weapons arsenal. The ministry made the declaration in a statementAFP - 213 words
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Article, Illustration324 1987-12-28 4 Reuter TIME magazine chose Soviet leader Mikhail Gorbachev as its "Man of the Year'' on Saturday, calling him "a ruthless political opportunist" who was yet a "symbol of hope for a new kind of Soviet Union". Time said Mr Gorbachev "has reinvented the idea of a SovietReuter - 324 words
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243 1987-12-28 4 AP DRILLING an undersea tunnel to link them permanently and planning their first joint nuclear missile, France and Britain have shelved their perennial rivalry to embark on a new era of cooperation. But the mutual suspicions that have always bedeviled the on-again,AP - 243 words
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Page 4 Advertisements
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Advertisement210 1987-12-28 4 Y S S Special Steel Could the life of your dies beamatter of life or death? (ok») ,r <*Vr T Ihotropy v\ /|CK»O £2 w m ce w llr^i -oj —Wf--.r^WC> s, m vo Thanks to a Hitachi Metals technique called Isotropy, dies made of our YSS special steels can210 words
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Page 4 Miscellaneous
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Miscellaneous71 1987-12-28 4 Doonesbury HNK-M-mMmS! GLADLY AND HUELL MET! SO THIS IS OUR YOUNG VE'BREAKER! SK jnoL. THE VERy SAME.' VISCOUNT ST. AUSTELL-IN-7HE-MOOR diGGLES-MADB-BRJXHAM, MAY I PRESENT THE MARQUESS OF HA RRODS SAILS-TACKS! m 1 f SI K BY GARRY TRUDEAU HARRODS SAILS- WHY... YES! TACKS? TUB SON AND YOUR OF THE BELOVED71 words
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Miscellaneous73 1987-12-28 4 \mSSJIL Singapore Ad* laid* Amsterdam In fee at■•port for 24 hours prior to 7.30pm on Doc 27 at Mu tamp M.I Aaaoc humMNy 72 Mtataa* Hi Aaaoc humMNy 07 Mr* of nwatitaa. 1M RatafaM ta mm 1.1 RaMaH Ma iwta 71.3 Rainy day* Ma ndh... 11 Rio 'Janeiro Rom* San73 words
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BANKING AND FINANCE
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Article, Illustration779 1987-12-28 5 PAUL FRANKLAND - S'Jltii by PAUL FRANKLAND Today, Business Times' weekly insurance column points out the dangers of over- or underinsuring. The author, Mr Paul Frankland, is manager of Commercial Union Assurance in Singapore, one of the Republic's largest insurance companies. He is also vice-president779 words
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662 1987-12-28 5 ALVIN TAY - Projected surplus put at $119.5 million By ALVIN TAY Banking Correspondent THE POST Office Savings Bank has forecast record earnings of $119.5 million for its 1988 financial year, it was announced in last Thursday's government gazette. This projected surplus is 19 per662 words
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393 1987-12-28 5 Reuter TAIWAN'S foreign exchange reserves have reached a record high of almost US$75 billion because of the country's growing trade surplus. Central Bank governor Chang Chi-cheng attributed the rise to the Central Bank's purchase of nearly US$l billion on theReuter - 393 words
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720 1987-12-28 5 Reuter AMERICAN INTEREST rates may drop in the first quarter of 1988 if predictions of Weak economic growth and sluggish consumer spending come true, according to economists. "Consumer spending will drop off pretty sharply over the course of the quarter, setting off someReuter - 720 words
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166 1987-12-28 5 Reuter NET PURCHASES of foreign bonds by Japanese investors should decline this year for the first time since 1980. A spokesman from the Japanese Finance Ministry told reporters in Tokyo that the fear of losses resulting from an unstable yen/dollar rateReuter - 166 words
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183 1987-12-28 5 Reuter THE BANK of Boston Corp has reached a definitive agreement to acquire Bank Vermont Corp. adding cash to the exchange of stock scheme proposed in an in-principle agreement announced in October. As previously proposed, the agreement calls for one BankReuter - 183 words
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171 1987-12-28 5 Reuter HONGKONG'S Commissioner of Banking Anthony Nicolle has urged banks and finance companies to resist pressure from big customers and head offices to roll over deposits or similar foreign exchange contracts on previous terms. Banks should use current spot ratesReuter - 171 words
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Page 5 Advertisements
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Advertisement18 1987-12-28 5 nh someone overseas about Singapore. Advertise in it Call 730-5669/5728. 'Hie StraiteHmea I Wttut nwmi Hmw X Vj18 words
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Advertisement79 1987-12-28 5 i% FISCAL mm CENTRE An investment m good health BODYA 0 i Get into shape Join Fiscal Fitness Centre today. Fiscal Fitness Centre is a brand new concept that promises to change the way people keep themselves in top physical condition. No body deserves as much attention as yours. Call79 words
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MONEY AND EXCHANGES
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Article148 1987-12-28 6 Reuter MALAYSIA'S gold and foreign exchange reserves fell to M 518.21 billion in November from M 518.38 billion in October, against M 514.49 billion in November 1986, Bank Negara said. Total assets at end-No-vember rose to M 523.19 billion from M 522.50 billion atReuter - 148 words
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242 1987-12-28 6 Reuter CHINA IS OPPOSED to a revaluation of the Hongkong dollar, an official Chinese banking source said last week. "We are very concerned about upward pressure. We do not want a revaluation of the Hongkong dollar,'' the source said. The Hongkong dollar is peggedReuter - 242 words
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Article931 1987-12-28 6 AFP THE JAPANESE YEN hit another all-time high against the US dollar last week as Asian currency markets gave a mixed reaction to a Group of Seven policy statement on stabilising the greenback. Last Wednesday's statement by the US, UK, Japan, France, Italy, Canada and West Germany hadAFP - 931 words
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Article215 1987-12-28 6 Asian market ASIAN CURRENCY deposit rate* for I ended Dec 24 av«rag« itw week BIO Mica US 1 Htgh Low 7 day* 1 month 2 monlht 3 n«mi#u 6 month! 9 monlht 12 —<■ 11 1/16 8 1/4 7 15/16 7 7/8 7 7/8 7 15/16 8 6 11/16 8215 words
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Article, Illustration541 1987-12-28 6 Indicate* the average of Hit prim® lenaing raws Of 12 major bank* In S'pore PLR of banks at the dot# of business on Thursday, Doc 24, as supplied by the Association of Ranks in Singapore. BANK PLR Algernon* Bonk 6% Allied Irish tank PIC 6)4 American Express541 words
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Article29 1987-12-28 6 The range of call rates for the week ended Saturday, Dec 26 Bank fund 275 3.50 Got fund 2.00 3.30 of Kindt M$ 1,719m Source: Short Deposits29 words
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Article153 1987-12-28 6 Overseas Union Bank Limited AS THE YEAR-END approaches, the volume of activities on the Singapore government securities market fell last week. Most interbank participants were preparing their books for the end of the year. However, as overnight interbank Singapore dollar interest rates fell drastically, there were commercialOverseas Union Bank Limited - 153 words
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Article292 1987-12-28 6 Gold Financial futures Green Collier Bullion Pte Ltd PRECIOUS GOLD rollercoastered within a narrow band in thin listless preChristmas trading last week. At New York's Commodity Exchange, spot gold gained about US$7.2O, over last week's settlement, to finish at U*****.10 an ounce. Interest in the bullion was hampered by theGreen & Collier Bullion Pte Ltd - 292 words
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Page 6 Advertisements
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Advertisement65 1987-12-28 6 -> A IMT I I Spread the news. Digital Audio Tape RECORDING HAS ARRIVED IN SINGAPORE. WITH NO HISS. NO DISTORTION. AND JAM SESSIONS FAITHFUL ENOUGH TO DELIGHT THOSE WITH THE ULTIMATE POWERS OF HEARING. LET ALONE HUMANS. GRUNDIG DAT. PART OF THE Fine Arts High Definition Audio System. DAT65 words
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COMMODITIES
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Article163 1987-12-28 7 PORLA prices for Dec 24 Crude palm oil All trod** in M$/tonne on delivered basis unless otherwise stated: Month OK ion F.b Mar North South 1109.00 1113.50 1106.50 1105.00 Control E Coost 1114.00 1112.50 1105.50 1100.00 1100.00 Palm k 11 ii nifi XWul Dec Jon Mitel ex-mill North163 words
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Article231 1987-12-28 7 SOYBEAN FUTURES on the Chicago Board of Trade closed 3% US cents lower to one cent higher last Thursday, with January down 3% cents at U556.03% per bushel, as trading closed early ahead of the holiday, traders said. Prices firmed early in sympathy with a higher opening in soyoil,231 words
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Article206 1987-12-28 7 WHEAT FUTURES on the Chicago Board of Trade closed 3% to US cent lower in an abbreviated pre-holiday session last Thursday, with March down 3% cents at U553.15% per bushel. USDA's acceptance of EEP bids in wheat tenders by Poland, China and the Soviet Union lent support on the206 words
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Article168 1987-12-28 7 Chinese Produce Exchange S«ll«rs' noon dosing pricn on Dk 26 (SS/100 kg) Coconut oil Bulk FOB 99.00 Otd drum FOB 109.00 Now drum FOB 113.00 Copra Mixod (looso) 56 Mfllerj Pepper Muntok whit* FOB NIW 1220.00 Sarawak whit® FOB foq NIW 1203.00 Sarawak tpocial black FOB NLW 860.00168 words
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Article308 1987-12-28 7 London Commodity Exchange Buyer/Seller dosing prices on Dk 24 (£/tonne unlets specified). Previous doting prices in porenrtteth. Coffee Bosh in-store London, sellers option OF London Jan 1217/1219 (1214/1215) High/Low 1219/1213 Mar 1247/1248 (1243/1244) High/Low 1247/1241 OIIA« (1040) Cocoa Dec 1036/1045 (1040/1050) High/Low 1057/1035 Mar 1063/1064 (1071/1072) High/Low 1095/1055308 words
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121 1987-12-28 7 Bernama KEDAH s Menteri Besar Datuk Seri Haji Osman Aroff has advised coconutproducing countries to prepare to face challenges to the industry Coconut oil faced competition from 16 other types of oil. and a campaign against the commodity by the American Soyabean Association wasBernama - 121 words
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Article203 1987-12-28 7 THE MALAYSIAN rubber market fluctuated within a narrow margin to close unchanged last week with Int RSS One remaining at 272.00 cents per kg. Trading was dull and featureless in the absence of fresh news and overseas foreign exchange market directions. Operators took to the sideline and closed their203 words
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Article161 1987-12-28 7 TIN ended last week unchanged from the previous week at M 517.02 a kg in continued quiet trading on the KLTM. The price of the metal fell six cents last Monday on lack of buying interest as most operators had already met requirements ahead of the Christmas and161 words
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Article, Illustration872 1987-12-28 7 AFP THE YEAR 1987 witnessed a general revival of interest in commodity trading in the UK. although the trend was by no means uniform across the markets either in terms of scale or origin. Concern about the precarious state of the US economy and itsAFP - 872 words
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Page 7 Advertisements
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Advertisement301 1987-12-28 7 Good ideas keep coming up T I I sharp HPP^HEPH I l\ l I L Ai I 'l 11 LAi MS IX 8 1 9 5^T 6 2 3 X-M RW pocket computer 16<$gitdct matrix display with 10 digits ajf+2 digits (exponent) 15 levels parentheses* 18 separate addresses* Last Answer/Direct301 words
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PERSPECTIVE
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Article, Illustration1275 1987-12-28 8 HARISH MEHTA - Thailand needs a steady flow of reasonably priced weapons to beef up its defences to take on the Vietnamese along the Thai-Cambodian border. It has found US weapons far too expensive and is turning increasingly to arms from China, writes HARISH MEHTA1,275 words
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Article, Illustration955 1987-12-28 8 Bernama THE PHILIPPINE senate before going into recess recently passed a Bill which prohibits political dynasties. The Bill which prevents immediate families of the president, vice-president, cabinet members and congressmen from running for public positions drew strong criticisms from several quarters including some closeBernama - 955 words
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Page 8 Advertisements
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Advertisement148 1987-12-28 8 '3 CORUM SWISS tL4^JK "Romulus" in 18 carat gold with the "Roman hours" hand-engraved on the rim. Romulus. An ultra-slim, quartz and water-resistant model. Four different sizes in gold steel, solid gold, platinum or set with diamonds. OFFICIAL AGENTS: Singapore: SHUI HWA JEWELLERY CO. (PTE) LTD #02-112 Far East Pla/a.148 words
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Advertisement66 1987-12-28 8 r. TAN CHONG TOWER SERVICE APARTMENTS 15 QUEEN STREET 'An ideal location for your short stay in Singapore' Weekly basis within CBD Telephone. TV. air-con. cooker, fridge. knchenware, housenold linen and housekeeping available Telex, secretarial and laundry services available Covered car park 24-hour security T>pes available: Studio 5350 weekly 1-bedroom66 words
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Page 8 Miscellaneous
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Miscellaneous45 1987-12-28 8 u)ej-L,ioeu. u>hrt hrvc weße a Ffcom T H e LPOY u)R>rreM «m thc dost on my Des<top. 'PLjEPISe NOTeTHPkT jst jp\Mup>Ry r>oy NCk) TiTL-e. 'S CLeANiNG OPfcgflkTofc ©Evening Standard Co Ltd 1962 1987 I monH' NOT €.XRCTI_y ft tex-reR... nnoße of p\ memo.... 7553 A45 words
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Miscellaneous639 1987-12-28 8 CRYPTIC PUZZLE ACROSS 1 Fight for a mere morsel (5) 6 A five-name river (5) 9 Standard bargain vegetable (7) 10 Pawn some pyjamas (bright red) (5) 11 A hot dish (5) 12 Prepares to publish changes of tides (5) 13 Back again with something to read (7) 15 A639 words
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THE ARTS
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Article, Illustration779 1987-12-28 9 TONG SUIT CHEE - By TONG SUIT CHEE THE PERANAKAN art of doing intricate beadwork and fine embroidery is still being kept alive today by a rare breed of Singapore craftsmen and women. And one of them is a baba Vincent Tan. who is in his779 words
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Article, Illustration568 1987-12-28 9 SHAUN KOH - I'a'lßllß I I .■iifw» 11 i■ k_aßl I ikSilfl lU ill 11 -by SHAUN KOH MORE AND MORE musicians today are hopping back and forth across the barriers of genre and form almost as easily and frequently as Singaporeans568 words
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Article, Illustration430 1987-12-28 9 SHAUN KOH - CD REVIEW By SHAUN KOH THE EASY WINNERS RagTime Music of Scott Joplin. Itzhak Perlman (vtn), Andre Prevtn (pn). EMI CDC 7 ***** 2 (43 minutes). Category: Jazz THEY ARE at it again. The first time they collaborated on a jazz430 words
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Page 9 Advertisements
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Advertisement148 1987-12-28 9 NOTICES PERFECT INDUSTRIES (S) PTE LTD 106, #03-01, boon Keng Rood, Singapore 1 233. LOSS OF SHARE CERTIFICATES The following share certificates have been reported lost or destroyed: Cert No In the name of No. of shares 26 Lim Fook Seng 11,853 27 lim Soo Ngoh 10,000 Notice is hereby148 words
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Advertisement187 1987-12-28 9 KAMPONG LANJUT TIN DREDGING BERHAD NOTICE OF CHANGE Of SHARE TRANSFER OFFICE NOTICE IS HEREBY GIVEN THAT with effect from ltf January. 1988. Segaservices Sdn Bhd has been appointed Share Registrars of the Company. Share transfer documents and share related enquiries should accordingly be directed to the new Share Reg*,187 words
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Page 9 Miscellaneous
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Miscellaneous1205 1987-12-28 9 to sm mm® PM SBC Text Sample Pages. Opening and Programme Highlight* followed by Lord Peter Wimsey The Unpleasantness At The Bellona Club (Pt 2). Coming Attractions. Adam Smith's Money World Falling Dollar. Adam Smith investigates on the implications of the falling US Dollar ond its likely impact in 1988.1,205 words
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SPORTS & LEISURE
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Article, Illustration258 1987-12-28 10 Reuter AUSTRALIAN and New Zealand cricket officials yesterday acted quickly to prevent the controversial dismissal of Andrew Jones in New Zealand's first innings in Melbourne from developing into a repeat of the 1981 underarm incident. Jones was given out caught behind by Greg Dyer offReuter - 258 words
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144 1987-12-28 10 AFP IMRAN KHAN, under pressure back home to resume the captaincy of Pakistan, says there is no reason for him to come out of his "well-considered" retirement. The Pakistanis want the 35-year-old all-rounder to come back to lead the side on their WestAFP - 144 words
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348 1987-12-28 10 Reuter A SOVIET sports mission arrived in Seoul yesterday to discuss the country's participation in next year's Olympic Games in the South Korean capital. The domestic Korean news agency, Yonhap. reported that a four-member delegation, led by Soviet National OlympicReuter - 348 words
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Article, Illustration171 1987-12-28 11 AFP QUEEN S PARK RANGERS manager Jim Smith plans to talk centrehalf Terry Fenwick into staying at Loftus Road in spite of reported lucrative offers from First Division rival Arsenal. Speaking on Saturday. Smith refused to confirm Arsenal's interest, saying: "That's between me, Terry FenwickAFP - 171 words
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163 1987-12-28 11 AFP WORLD cycling champion Stephen Roche s future next season has been thrown into confusion by political infighting in his new team. The 28 year-old Irishman is now considering quitting the Fagor team before ever riding for it. At the heart of the problem isAFP - 163 words
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158 1987-12-28 11 Reuter AUSTRALIA'S Maxi yacht Sovereign was on target in midafternoon yesterday to break the 12-year-old record for the Sydney-Hobart ocean race. The 83-footer, powered along by 20- to 25-knot northeasterly winds, was about 38 km ahead of schedule to beat the record of twoReuter - 158 words
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Article, Illustration327 1987-12-28 11 AFP SWEDEN'S Jonas Svensson heads a quality field in the US$l5O,OOO New Zealand Open Grand Prix tennis championships which start in Wellington today. The 21*.year-old Svensson, ranked 29th in the world, is the top seed in a 32-man draw which includesAFP - 327 words
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Article, Illustration321 1987-12-28 11 AP ITALIAN athlete Giovanni Evangelisti is "renouncing" a bronze medal won in the long jump at the World Championships because of doubts cast upon his victory. The surprise announcement last Saturday came less than two weeks after a Dec 14 ruling from the International TrackAP - 321 words
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Article, Illustration201 1987-12-28 11 AP BYRON SCOTT scored 26 points and the Los Angeles Lakers outscored Utah 15-0 in the final 3:28 en route to a 117-109 NBA victory over the Jazz on Saturday in Salt Lake City tor its eighth straight win. Scott scored the Lakers' finalAP - 201 words
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Article180 1987-12-28 11 AP LEE SEUNG-HOON of South Korea defended his International Boxing Federation junior featherweight crown with a split decision over Venezuelan challenger Jose Sanabria yesterday. There were no knockdowns in the 15-round match in the Korean city of Pohang, 270 km south-east of Seoul. US judgeAP - 180 words
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Article326 1987-12-28 11 UPI A RIGHT-HANDED relief ace rallied the Washington Redskins to the NFC East title last Saturday while a consistent starter paced the Cleveland Browns to its third consecutive AFC Central crown. Quarterback Doug Williams replaced struggling starter Jay Schroeder and passed the Redskins to a 27-24UPI - 326 words
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Article, Illustration580 1987-12-28 11 BRIAN MILLER - Sudirman captivates as always NIGHTSPOTS By BRIAN MILLER LOVE HIM or hate him, there's no escaping the fact that the guy's a performer par excellence Malaysia's answer to Anita Sarawak and probably the best artiste to have come from across the Causeway. If you think this is a heavy introduction,580 words
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Page 10 Advertisements
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Advertisement851 1987-12-28 10 'J I A New Era in Sophisticated Entertainment Open nightly from 9pm to 3am Members and non-members are welcome. For more information Tel. *****88 11am to 6pm *****43 after 6pm Hyatt Regency(o Singapore 10-12 Scotts Road. Singapore 0922 Every second's ori-the-house! The Fountain Lounge is (lowing with the good times.851 words
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Advertisement256 1987-12-28 10 The finest Beijing cuisine from Pine Court, with complimentary Hennessy Cognac MENU I includes steamed live sea-fish, stuffed black mushroom and Peking Duck. Price: $688* per table. Complimentary bottle of Hennessy XO. MENUE includes braised shark's fin with chicken sauce, braised abalone with green vegetables and sweet sour garoupa. Price:256 words
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Page 11 Advertisements
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Advertisement305 1987-12-28 11 M in V) 7 t Traditionally Japanese. Traditionally Unkai. Sample the delicacies of Japanese cuisine, sushi, sashimi and teppanyaki. Four tatamr rooms are available for private parties. Located on the 2nd floor. Open 12 noon to 3 pm. 6.30 pm to 11 pm. Ample free parking Century Park Sheraton Singapore305 words
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Advertisement305 1987-12-28 11 PALM GRILL NEW YEAR'S EVE 6-COURSE CHAMPAGNE DINNER At 145++ per person. Includes welcome drink, V 2 bottle champagne per couple, live music, dancing and novelties. Reservations: 338 8585 ext 16 155 or 330 8310. TheWestin Plaza lUllles City WESTIN Hotels Resorts THE PlOPli AND PI M KS(» HKSIIV New305 words
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MARKET REVIEWS
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Article, Illustration5370 1987-12-28 12 CORRINA LIM - w Singapore P L. J By CORRINA LIM STRONG BUYING interest coupled with speculation of an imminent takeover of Malayan Credit buoyed the local market last week. Property counter Malayan Credit, controlled by the See Hoy Chan group, dominated trading with a high turnover of5,370 words
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Article670 1987-12-28 12 ww M? I K.Lumpur *m j MBT BULLS tightened their grip on the Kuala Lumpur stock market and share prices soared last week. Widespread double-digit gains were registered at the end of the holiday-shortened week. Investors displayed much confidence and shares were keenly sought inMBT - 670 words
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Article498 1987-12-28 12 JULIANA TAY - compiled by JULIANA TAY Week ended Dec 23 CORPORATE DEVELOPMENTS The Stock Exchange of Singapore is proceeding with its new brokerage commission scheme in spite of the "thumbs-down" from its counterpart in Kuala Lumpur The SES will be introducing new measures from Jan 11 next498 words
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Article, Illustration1378 1987-12-28 13 L I Hongkong LILJ DBS Securities HK AFTER HAVING achieved a 191pomt rise in the Hang Seng Index. the stock market started the week on a bullish note last week. The Hang Seng Index put on a further 98 points last Monday at 2.278 points.DBS Securities HK - 1,378 words
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Article202 1987-12-28 13 m AFP TRADING ON THE Australian Share market was strong across the board with fairly solid turntiver ahead of the Christmas break. Stronger commodities prices hsd particularly buoyed the marRet, Statton Securities analyst 6ameron Williams said. The market ended trading on Thursday's half-day session 14.3AFP - 202 words
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Article401 1987-12-28 13 m W/ J New York y AP AS THE STOCK MARKET rallies in the waning weeks of 1987, hopes have mounted on Wall Street that the nation can avoid a recession in the new year. Just about every projection for the economy next year has beenAP - 401 words
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446 1987-12-28 13 RAY HEATH - From RAY HEATH INVESTORS in the UK thought Santa Claus had arrived early last week as share prices broke through expected trading levels drawn up by analysts after October's crash. End-of-the-year bullishness is often seen on the UK market, but few had446 words
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155 1987-12-28 13 Reuter SOUTH KOREAN STOCKS ended the 1987 trading year at a record high, reflecting a stronger than expected performance by the country's booming economy, dealers said. The market's composite index, which began the year at 264.82, almost doubled in the 12 months toReuter - 155 words
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470 1987-12-28 13 PH Tokyo LVJ d AFP SHARE PRICES nosedived last week on the Tokyo Stock Exchange amid increasing uncertainty over the dollar's exchange rate and concern about the bleak outlook for the new year. The key market barometer, the Nikkei Stock Average ofAFP - 470 words
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471 1987-12-28 13 SHIRISH NADKARNI - From SHIRISH NADKARNI ALL IS WELL that ends well. Trading on the Bombay Stock Exchange ended on a cheerful note last week as prices surged ahead with renewed vigour. The lead given by Tata Steel in the last two weeks has had a471 words
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Page 12 Advertisements
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Advertisement6 1987-12-28 12 On target, Chart Point every Saturday6 words
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Page 13 Advertisements
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Advertisement119 1987-12-28 13 APPOINTMENT 8ll«lllllIl«llllllllB9IIIIIISIISIRi iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii umm bu Wei -hbhlwd international tracing compony, strongly Involved In world coffee/cocoa market*, itqulrw for lis location In Singapore, Jakarta or Kuala Lumpur: 11 SENIOR COFFEE/ B COCOA TRADER ■H Minimum 5-10 years' experience in the business ,-.i Fluent in English, Mandarin and some of the dialects119 words
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Advertisement459 1987-12-28 13 CIVIL AVIATION AUTHORITY OF SINGAPORE TENDER NOTICE DUTY-FREE CONCESSIONS AT SINGAPORE CHANCI AIRPORT AND SELETAR AIRPORT Tenders are invited from the public to operate either one or both of the following two concessions:(i) Duty-Free Liquor and Cigarette/ Tobacco Concession in Passenger Terminal 1 f Singapore Changi Airport (K) Duty-Free Liquor/Cigarette/Tobacco459 words
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COMPANY NEWS
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626 1987-12-28 14 Vmm mm*» HOCK LOCK SIEW PROPERTY COMPANY Malayan Credit, well-remembered by minority shareholders for its history of takeover bids, is once again the subject of speculation in the local market. Rumours have it that an imminent takeover bid for the company is in the offingHOCK LOCK SIEW - 626 words
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Article, Illustration659 1987-12-28 14 Tan perplexing questions remain Twist to the Koon Swan saga NST FOR MALAYSIAN politician and corporate player Tan Koon Swan, his release from Changi prison and arrest by the Malaysian authorities has raised many perplexing questions. The answers to these questions when they become clear are unlikely to bring cheerNST - 659 words
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864 1987-12-28 14 MARKET TALK FT EVENTS in the past week have led to predictions that another mighty battle could be waged soon in the marketplace. this time in the opposite direction. Wall Street's sparkling performance since Dec 7 has raised expectations of investors and helpedFT - 864 words
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Article675 1987-12-28 14 >— b Books Date ToM tar Total tor ffmum 4m CtOOO Ml*" •to yatr Im* fair A 1 S ft s %w Ok 18 Jon 7 Fob 8 5% 5% Amol Stool 8%TEW Dk 2 Dk 14 Jon X «%TE 8%TE Amtmk Eng 7tt%M DK 14 DK 17675 words
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Article416 1987-12-28 14 LAST FULL YEAR Dot* Year Nat EPS Oom Nat y •odtng dh prof* lost y«or ($"0001 AMDS Interim Dec 30 Mor 88 06 12 3.742 K L Kepong Final Dec 30 Sep 87 3.5 100 13.183 WMkinaon Finol Dec 30 Sep 87 17.8 16.0 2.751 W Rcrtu Unrang416 words
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Page 14 Advertisements
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Advertisement981 1987-12-28 14 Ip COMMONWEALTH BANK OF AUSTRALIA AND SUBSIDIARIES Annual Report for the Year Ended 30th June 1987 Assets Notes, coin, bullion and cash at bankers Loans to authorised dealers in the Australian short-term money market Money at short call overseas Cheques and bills of other benks and balances with and due981 words
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WORLD MARKETS
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Article1009 1987-12-28 15 New York Reuter WALL STREET gave a dull and listless performance on Thursday, closing lower as investors virtually ignored the market on Christmas Eve. A weak dollar, despite an agreement by the G-7 to cooperate in steadying the currency, lent a slight negative bias toReuter - 1,009 words
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Article969 1987-12-28 15 London SHARE PRICES on the London market hqld steady at the earlier firm levels at the official 0900 GMT opening on Thursday, with the FTSE 100 index 8.8 points up at 1,780.2, but volume was very low ahead of the Christmas and New Year holidays,969 words
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410 1987-12-28 15 Companies await government approval Reuter AUSTRALIA'S Elders Resources Ltd and NZ Forest Products Ltd said they will merge subject to government foreign investment approval. In a separate statement. Goodman Fielder Ltd said it has sold 20 per cent of NZ Forest Product's majorReuter - 410 words
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175 1987-12-28 15 AFP THE STATE-OWNED Indian Telephone Industries (ITI) made record sales of US$336 million during a major expansion and modernisation drive in the last financial year, the government said on Saturday. ITI and several private telephone manufacturing companies have launched ambitious expansion schemes toAFP - 175 words
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93 1987-12-28 15 AFP JAPAN'S Toa Domestic Airlines (TDA) will change its name to Nippon Airlines System from April 1 next year, company officials said on Saturday. The company decided to change its name as it plans to advance into international transportation services after the deregulation ofAFP - 93 words
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Article761 1987-12-28 15 Amsterdam OCC 24 PLS IABM Aaoon Ahold Akzo Alranta 39 20 62 20 64 50 92 60 143 SO -0.2 1.6 0.1 0.3 0 3 AMEV 37 00 Amro Bank 56 00 Am Stad 96 50 Barkal 9 BOLS 96 30 Boraumij 66 50 Buahrman Tattaroda 45 50 Calva 720761 words
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119 1987-12-28 15 Reuter UPI MESA HOLDING Limited Partnership confirmed it was talking with Florida investor Paul Bilzerian about the possibility of helping him finance his US$5O-a--share. US$l.l billion bid to acquire Singer Co. In a filing with the US Securities and Exchange Commission. Mesa said itReuter; UPI - 119 words
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91 1987-12-28 15 Reuter CHEVRON CHEMICAL Co. a unit of Chevron Corp, said it signed a contract with Pertamina. the Indonesian state oil company, under which Chevron will market aromatic chemicals produced by new facilities to be built at Cilacap. Java. The company said it will market 170,000Reuter - 91 words
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659 1987-12-28 15 WALL STREET NYT L F ROTHSCHILD CO Inc. which has already reported that it lost US$44 million in October, is continuing to feel the impact of the stock market's crash. According to documents filed with the US Securities and ExchangeNYT - 659 words
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Page 15 Advertisements
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Advertisement501 1987-12-28 15 THE COMPANIES ACT, CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION INTERNATIONAL THOMSON PUBLISHING (SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of INTERNATIONAL THOMSON PUBLISHING (SINGAPORE) PTE LTD held on the 21 st day of December 1987, the following special resolutions were duly passed: RESOLVED THAT:501 words
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Advertisement633 1987-12-28 15 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF SOON HUAT SHIP-REPAIRS (PTE) LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of Soon Huat Ship-Re-pairs (Pte) Ltd duly convened and held at 2 Finlayson Oreen #11-11, Asia Insurance Building, Singapore 0104633 words
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Advertisement605 1987-12-28 15 THE COMPANIES ACT, CAP. 80 and IN THE MATTER OF OCEANIA INDUSTRIES PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 7500 A Beach Road #11-*****2, The Plaza, Singapore 0719 on 22nd December 1987 at 2 p.m. the following Special Resolutions were duly passed:That605 words
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832 1987-12-28 16 GENEVIEVE CUA - Good times may not last beyond Chinese New Year Retailing By GENEVIEVE CUA IT HAS BEEN a year of growth and burgeoning competition with new stores sprouting and major retailers posting healthy profits amid expectations of more But the good times may last832 words
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Article40 1987-12-28 16 OR GOH KENG SWEE has been reappointed deputy chairman of the Monetary Authority of Singapore. A government gazette announced that he will serve another two years, starting from Jan 1, 1988. to Dec 25. 198940 words
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Article, Illustration492 1987-12-28 16 MARTIN SOONG - By MARTIN SOONG AMATEUR MARKET PUNDIT Lee Kim Choon escorted BT's resident stocks and shares guru Mr Octo Bear to his new home at Devonshire Court last Thursday. Mrs Lee. financial controller at Sing Investments Finance, took the destitute market analyst into492 words
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Article484 1987-12-28 16 Business A FAVOURITE view making the rounds in Singapore s tourism and airline industry is that fin-ger-pomting and buck-passing are the preferred language of commerce, instead of the honest and open communication and cooperation needed to keep more holidaymakers coming here. But. according to Singapore484 words
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268 1987-12-28 16 AFP AGGRESSIVE BARGAINING and threats of tariffs have helped open up the tobacco market in Japan, South Korea and Taiwan to US producers, an Agriculture Department (Usda) study reported "The value of US tobacco exports to Asia in the first nine monthsAFP - 268 words
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280 1987-12-28 16 Bernama THE DETENTION of DAP leaders Lim Kit Siang and Karpal Singh under the ISA has been extended by two years. Prime Minister Datuk Seri Dr Mahathir Mohamad confirmed yesterday. Dr Mahathir, who is also Home Minister, told reporters the extension was recommended by theBernama - 280 words
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Article132 1987-12-28 16 MR SIDEK SANIFF, Parliamentary Secretary (Ministry of Trade and Industry), yesterday opened the Islamic Information Service set up by the Muslim Converts Association. Mr Sidek said it was an innovative idea and hoped that the books (in different languages) available through the service would be read by132 words
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271 1987-12-28 16 Reuter INDONESIA s stock market was jolted last week by much-needed government measures to attract foreign investors, but they may pot be enough to get one of the world's least active share institutions moving The government last Thursday announced measures toReuter - 271 words
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LATE FILE
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Article56 1987-12-28 16 UPI JAPAN will ofler to open its multi-billion-dollar public construction market to US companies on the condition that they form joint ventures with Japanese firms. A newspaper reported in Tokyo yesterday that Prime Minister Noboru Takeshita will make the offer when he meets PresidentUPI - 56 words
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34 1987-12-28 16 AFP CHINA s Parliament has expressed "utmost indignation" over a US Congress amendment accusing Beijing of human rights violations in Tibet, the People's Daily newspaper reported yesterday. AFPAFP - 34 words
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Article50 1987-12-28 16 Reuter BANGLADESH yesterday blacklisted 18 top-ranking television actors for their role in the recent opposi-tion-led campaign aimed at toppling President Hossain Mohammad Ershad Bangladeshi television authorities told them they would no longer be called to take part in any of the programmes, the actors said in DhakaReuter - 50 words
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Article43 1987-12-28 16 Reuter THE SOVIET UNION yesterday conducted an underground nuclear test explosion (or military purposes Tass News Agency reported that the explosion ot 20 to 150 kilotonnes was conducted at the Soviet test range near Semipalatinsk in Central Asia ReuterReuter - 43 words
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Article45 1987-12-28 16 AP REWI ALLEY, a New Zealander who came to China in 1927 to study and stayed 60 years to help the communist cause, died yesterday of a stroke in Beijing, the official Xinhua News Agency reported. He was 90. APAP - 45 words
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Article40 1987-12-28 16 AFP WORK has officially started in Jakarta on a museum documenting the services of the family of President Suharto to Indonesia, the official Antara News Agency said yesterday. The museum will take three years to build. AFPAFP - 40 words
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Article61 1987-12-28 16 AFP TWO Catalan separatist groups yesterday claimed responsibility for Saturday's attack on a Barcelona bar exclusively frequented by US servicemen in which five American sailors were wounded, one of whom died subsequently in hospital According to Spain's national radio network, the two groups are Terra LlureAFP - 61 words
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38 1987-12-28 16 Reuter INDIAN peace-keeping forces said Sri Lankan police killed up to 12 civilians in the east of the island yesterday in revenge for the gunning down of a colleague by Tamil guerillas ReuterReuter - 38 words
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Page 16 Advertisements
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Advertisement369 1987-12-28 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available 1. Why the long-term viability of a few of the 14 industry training centres is in question. 2. Garment and textile manufacturers are doing well, but... 3. A369 words
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Advertisement14 1987-12-28 16 DO DON I OBERMAIN LEONE L'STONY SIOUX MISTER ELY ♦02-28 RAFFLES CITY SHOPPING CENTRE14 words
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SHIPPING TIMES
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229 1987-12-28 17 TWELVE container ships built at a cost of US$57O million for United States Lines s ill-fated round-the-world service have realised more than the construction cost of one vessel at auction. Econ Associates, the sev-en-member banking consortium with first mortgage interests on the 4,458-TEU229 words
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322 1987-12-28 17 LILIAN ANG - By LILIAN ANG FOR THE THIRD year running, the Straits/New Zealand Conference has been awarded the contract to ship personal effects for the New Zealand Armed Forces. A similar contract involving the transportation of motor vehicles is also322 words
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209 1987-12-28 17 Kingsley Wood - From Kingsley Wood NEW ZEALAND'S 12 major harbour boards will be required to set up port companies 1o manage their commercial operations by April next year. The new Ports Reform Bill, which will change the entire method of New Zealand port control,209 words
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301 1987-12-28 17 TRANS-LINK Express has been appointed general agents in Singapore for C F Ocean Service. Its affiliates AlliedLink Express Sdn Bhd in Malaysia. Trans-Link Express (B) Sdn Bhd in Brunei and PT Translink Global Mandiri in Indonesia will represent CFO in their301 words
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PORT SIDES
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Article70 1987-12-28 17 International Transport Journal BIMCO has issued a standard document for the sale of vessels which are intended for scrap. Although a contract is already in existence for the sale of second-hand vessels which are intended for ongoing trading, up to now there has been no commonlyInternational Transport Journal - 70 words
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Article, Illustration775 1987-12-28 18 UPI A PROPOSAL to import as many as 189.000 New Zealand lambs annually through the port of Portland has upset northwest sheep ranchers and has sparked an environmental squabble about the health of the animals. Lee Babcock, a sheep broker from Brownsville, Oregon,UPI - 775 words
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Article136 1987-12-28 18 UPI THE WHEREABOUTS of more than 100 passengers and crew of two ships that sank earlier in the week in the Java Sea was unknown as of Saturday, a newspaper reported. The two vessels, the small wooden-hulled Binter and Patera Ramaja. with 85 and 24 peopleUPI - 136 words
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Article906 1987-12-28 18 AB Shpg V 5 ABC Container VHI 1 Accord Shpg VI 3 Ahrenkiel liner XI 3 Africa Ocean XII 2 Alltrans VII 3 AC Toepfer XI 5 I' American T pt XII 4/5 Anro Service IV 2/3 Arrow lines IX 5 Asian Ocean VI 1 Atlas line.906 words
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Article804 1987-12-28 18 MODERATELY active time-charter business was reported on the freight market on Thursday but other sectors remained dull prior to the Christmas holiday, shipbrokers said. The Baltic Exchange in London closes at 1430 hours GMT for the Christmas holiday and reopens at 1000 GMT on December 29 Featuring time-charter804 words
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253 1987-12-28 19 Fairplay SIX SMALL Indian shipping companies found to be "unviable'' by the transport ministry have been advised to wind up. Mr Rajesh Pilot, Indian Minister for Surface Transport, also told Parliament that a series of steps had been initiated toFairplay - 253 words
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Article, Illustration191 1987-12-28 19 NG TEOW YHEE Sons took delivery last Tuesday of the Hermes 40TR/35 CH, a Lansing 40-tonne laden container handler with telescopic top lift attachment for stacking 20 ft and 40 ft laden containers three-high. The new truck will t>e used to191 words
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Article66 1987-12-28 19 Reuter THE LARGEST tanker currently sailing, the 508,731tonne Bermuda-registered Esso Atlantic, entered the Gulf on Saturday as part of a British convoy. Reporters in a helicopter said an Iranian frigate a mile away questioned the ships by maritime radio as they sailed past Iran's Abu MusaReuter - 66 words
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217 1987-12-28 19 AP DELEGATES at the fourday summit ot Gulf Arab leaders met on Sunday for a second round of talks to end the IranianIraqi war. Meanwhile, ship attacks continued on Saturday as Iraq said its warplanes raided a vessel in the Gulf.AP - 217 words
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370 1987-12-28 19 Lloyd s List SHIPPERS have criticised plans by two conferences to introduce 5 per cent rate increases on the strategic trades between northern Europe and the US and Canadian Pacific coasts They believe the increases to be implemented from March 1 byLloyd s List - 370 words
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9426 1987-12-28 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 of Singapore.9,426 words
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Article1428 1987-12-28 25 AT CONVENTIONAL WHARVES Bud> Joyo Jl alongside 28 12-2300 Blue Tourus J4 alongside 28 12/1800 VMMl Berlti Arrival Departure Bang tor Swopno JI2 alongside 28 *****0 Dewi Serayo a alongside 28 12 0600 KEPPEL WHARVES Polor 12 alongside 28 12.0600 Copt George C09 alongside 29 12 06001,428 words
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Article1999 1987-12-28 26 A-^B AB Shipping Boustead Shpg Agencies. ABC Containerize NV S pore Shfa (S). Accord Shpg Accord Shpg (S). Africa Ocean Lines Sealion Shpg (S). Ahrenkiel Liner Kim Shpg (S). Alfred C Toepfer Oceanus Shipping Agencies (S) Multiport Sdn Bhid (PK). Alltrans Alltrans Express. American President Lines1,999 words
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Article560 1987-12-28 28 THREE VERY large crude carriers were known to have changed hands last week The 227,401-dwt Southern Cross Trader, built 1971, was purchased by a London-based Greek company for about US$9 75 million to US$9.B million. Yet another Greek party took the 249,223-dwt World Truth built 1972 for about560 words
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226 1987-12-28 28 Kingsley Wood - From Kingsley Wood THE TNT multi-national transport group has signed a courier joint venture agreement with China s state-run transport company Sinotrans. According to managing director, Sir Peter Abeles. the venture will speed up parcel delivery substantially between Australia and China He226 words
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82 1987-12-28 28 AP KIA MOTORS Corp has shipped 300 small vans to Canada in its first-ever export to that country, the automaker said. Kia is the second South Korean automaker to export to Canada after Hyundai Motor Co which began its sales operations there in 1983.AP - 82 words
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Page 17 Advertisements
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Advertisement697 1987-12-28 17 *°v TIMES STP Distributors OOCL ORIENT OVEIQiAS Codci*** LINE NORTH AMERICA ATLANTIC EXPRESS (ROUND-THE-WORLD ROUTING^ EXPORT ORIENTAL FREEDOM ORIENTAL FAITH ORIENTAL FRIENDSHIP AMBASSADOR BRIDGE ORIENTAL FORTUNE NEPTUNE J ADC IMPORT m KM EUROPE EXPRESS SERVICE Spore Lt Mtvrt F'rtowe R'dam M'buff B'ha»en KOREAN JACEWON 61W VI 23/1 24/1 25/1 27,1697 words
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Advertisement107 1987-12-28 17 A PROPOSAL to import as many as 189,000 New Zealand lambs annually through the port of Portland has upset northwest sheep ranchers and has sparked an environmental squabble about the health of the animals. Page II SHIPPERS have criticised plans by two conference to introduce 5 per cent rate increases107 words
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Advertisement675 1987-12-28 17 *°> S»N' GAP° rE TIMES t)K a*' STP Distributors m MAERSK LINE SINGAPORE/ U.S.A. END YEAR SPECIAL "LEXA MAERSK" VOT 8«0X Departure 31>U^7 This week Amd M Closing Time CV 29/12 1 800 MRS CFS 29/12 0000 MRS ARILD M 8802 LUNA M 8802 ARTHUR M 8802 ANNA M 8802675 words
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Page 18 Advertisements
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Advertisement536 1987-12-28 18 jj@*2 COMPAGNIE MARITIME D'AFFRETEMENT REGULAR CONTAINER SERVICE FAR EAST TO EUROPE/MEDITERRANEAN WEST AFRICA OUTBOUND TO NORTH CONTINENT VILLE DC PLUTON BIRDIE VILLE DE SATURNE VILLE DU LEVANT ROTTERDAM ETA FELIXSTOWE ETA E29E9 Also accepting cargo to all U.K. destinations. Scandinavian (Aarhus. Copenhagen, Gothenburg) and other European Inland points I West536 words
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Advertisement17 1987-12-28 18 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.17 words
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Advertisement626 1987-12-28 18 NOTICE OCEHnSCKVICE CF Ocean Service takes pleasure in announcing the following appointments as General Agents: Singapore Malaysia Brunei Indonesia Trana-Link Express Pte Ltd Allied-Link Express Sdn Bhd Trans-Link Express (B) Sdn Bhd PT Translink Global Mandiri CF Ocean Service delivers complete worldwide transport service through the CF family of companies626 words
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Page 19 Advertisements
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Advertisement1191 1987-12-28 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Mansfie Shippi P&OCLVi* P&O Containers Limited CONTAINERSHIP SERVICE TO UK/COHTIHENT: TO*K) EXPttESS KOWIOON BAY FRANKFURT [XWȣSS OSAKA BAT CITY OF EMNBURGH LARGS BAT HONG KONG EXPRESS CARDIGAN BAY RHINE HARU TOKIO EXPRESS Sport PKIm in Port1,191 words
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Advertisement588 1987-12-28 19 CSAV Corrpjnij SudAmerican jdcVjpcres S A C-'CJ" t EXPRESS SERVICE TO/FBOM CHILE FEEDER VESSEL CSAV 1 CSAV 2 CSAV 3 S'PORE W ■OTHER VESSEL HK ARICA KJQ ANT Of VALf SAI VELA* MflWW— M CHAITEN (*<* W» B VESSEL a/2 w "w iw w U/3 CARGO FOR PUNTA ARENAS. TALCAHUANO588 words
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Page 20 Advertisements
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Advertisement643 1987-12-28 20 Hapag-Lloyd 5C CONTAINERSHIP SERVICE TO UK/CONTINENT Tokio Eipress »12 30/12 17/1 I*l 21/1 22/1 24/1 30/12 25/1 20,1 21/1 1«/1 24/1 Kookwo 3/1 5/1 23/1 25/1 27/1 21/1 30/1 Frankfurt E.prtM 11/1 13/1 31/1 2/2 4/2 5/2 7/2 Oukj Bay 17/1 I*l 5/2 7/2 t/2 10/2 12/2 City o< Edinburgh643 words
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Advertisement892 1987-12-28 20 JtG&.LINE HH* FULLY CONTAINERIS ED S ERVICE TO EUROPE VIA SUEZ 1 MfmbM ot ,he Con4o,l,uni FROM EUROPE VIA SUEZ J Member ol the Ace Consortium S port H Kong Kaoshiung Buun Osaka Tokyo 29/12 1,1 2/1 VI »'l *1 5/1 8/1 9/1 12/1 15/1 16/1 12/1 IS,I IS 1892 words
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Advertisement315 1987-12-28 20 FREIGHT LINKS EXPRESS PTE LTD NEW WEEKLY DIRECT SERVICE TO COLOMBO: SAILING 5/1 7/1 EURO-AFRICA LINE FOR: PORTO, LISBON, ORAM, BILBAO MADRID, MALAGA, MELILLA, TANGER, TENERIFE, LASPALMAS, TUNIS, VALLETTA, IRUN, CEUTA, ALGIER 6 ISTANBUL U.S.A. ALSO ACCEPTING TO CHICAGO, BOSTON, JAV, PHIL, SAV, MIAMI A ALL INLAND DESTNS. .1 A315 words
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Advertisement860 1987-12-28 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GENTRY 11/12 40 *1 *1 2/J EVER GLEAMY/EVER GUIDE ill 12/1 13/1 ISO 11/1 20/1 21/1 EVER GOLDEN 14/1 11/1 20,1 22/1 16/2 EVER CUARO 21/1 2*l Wl 2*l 1/2 1/2 7/2 23/3 EVER GROWTH 29/1 111 HI HI til860 words
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Page 21 Advertisements
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Advertisement786 1987-12-28 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL KOTA EAGLE MAJAPAHIT QQWA VOY SIN JKT SBY VOY SIN POO HKG KAO KEE MTC YOK MOO KOB BUS OSSB It/1 20/1 23/1 04NB Sid Std 2t/12 30/12 31/12 411 j*'] 15SB786 words
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Advertisement600 1987-12-28 21 \a BEN LINE CONTAINERS TASMAN JEBSEN NEW ZEALAND LINE TO NEW ZEALAND, NEW CALEDONIA FIJI AND SOOTN PACIFIC ISLANDS ANANGEL LEADER VOY 6S SIN NOUMEA AKL TGA NAP TIM TIM/LY TIM/ON BLUFF 1/1 24/1 29/1 2/2 4/2 6/2 1/2 S/2 10/2 ACCEPTING LAUTOKA. SUVA. APIA. PAGO PAGO. NUKUALOFA. WITH T/S600 words
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Advertisement669 1987-12-28 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINSAPORE TO EUROPE VSL/VOY OCUN PRIMA/WB GANOA GAHA/2BWB ■ataramm* All TWERP tlliAO AOA*ROAM H'BURG/BREMIN ■a 14/1 17/3 Sub)«ct to Inducement. Also accepting cargo to Casablanca, Port SaM Port669 words
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Advertisement428 1987-12-28 21 BOUSTEAD SHIPPING AGENCIES HTONEYWA V23OW PAGAN VI22W PA-AN VIHW BURMA FIVE STAR shipping mmam (Burmese National Lint) Spore P.» 22/24 Dac 30 Ok/1 Jan Jan P.Kelang Penang BANK LINE NORTHBOUND TO UKC TAUSALA SAMOA VIIN MORAYBANK V4N CLYDEBANK V22N SPORE RDAM HULL HM 30/12 2S/1 29/1 31/1 13/1 6 2428 words
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Page 22 Advertisements
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Advertisement1291 1987-12-28 22 "K"LinE SHIPPknG-DflTfl flTLfiriTlC COAST (Round-The-World Service) •PK/PNG ORIENTAL FREEDOM Vl7 Sid 31 Dee 23 Jan 2 Feb 4 Feb 6 Feb 10 Feb ORIENTAL FAITH V 6 2 Jan 7 Jan 30 Jan 9 Feb 11 Feb 13 Feb 17 Feb •VIA FEEDER PACIFIC SDUTH-UJEST FEEDER VSL 'PK/PNG SP MOTHER1,291 words
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Advertisement709 1987-12-28 22 'M INDIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Containers Singapore P Kelang Penang loading lor Mother Vsl By Feeder By Feeder PRELUDE V INDIAN COURIER V 27N S O TRIPURA V 33H RAVIDAS V »H LOTTE SCHEEL V 30 PRELUDE V S-B THEODOR FONTANE V UN S O A. PRADESH V709 words
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Advertisement602 1987-12-28 22 GOLDEN LINE GUAM GUAN SHIPPING (PTE) LTD 71 T»lnk Ahm Mr Ml SINGAPORE 0104 TEL U43MI (10 LINES) Fai &M3SM STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST CotomboiKarachi/Dutiai GOLDEN LAND Colombo Karachi Dubai CHINA SERVICE GU SHAN Qmgdao A VESSEL Shanghai/Hsmkar* S pore PKelar* Penang 12/14 Jan 1/10 Fib 26/21 Dec 4*602 words
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Advertisement495 1987-12-28 22 If IW I«H I!■II U m .mm PHIII OniCNT LINCS PT€ LTD HEAD OFF ICC. 63 ROBINSON ROAD «07 12 AFRO ASIA BUILDING SINGAPORE CIC6 TELEX RS ***** PMILI FA* *****7f EAST/FAR EAST JEURO USA SERVICE JEURO MED LINE N CHEKRASOV SAN FRANCISCO OAKLAND. LOS ANGELES. LONG lEACM. NEW YORK.495 words
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Page 23 Advertisements
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Advertisement830 1987-12-28 23 .111^— NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE. LTD Ft EU/AUST TPA/SEA Terminal CFS BOOKINGS *****53 *****42 *****22 *****53 *****19 27*114 27*111 27*1« NEPLINE SON. BHD. XMBO INWARD/OUTWARD NEPLINE SON. BHD *****3 ENQUIRIES *****44 NEPLINE SON BHD. *****5/*****a/62»61/627K2 NEPLINE SON. BHD. 2*MO*Ml FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mwnbw of830 words
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Advertisement342 1987-12-28 23 HEUNG-A SHIPPING Korean Flag Vessels w OONAM SEMI-CONTAINERISED DIRECT SERVICE TO P KELANG. PENANG. BUSAN, INCHON S PIJHf AGIN is NfIMUNI Al, I N( Its fit I 1f) IK "«II M <*■, i' ii.v Hl.*- t '1* .'.HVItJ IT ff Tin I .'Jill '.M.'nU <1 i S| MA! AtSi A342 words
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Advertisement780 1987-12-28 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. KCLANG PENANG M/S HANDLING SYSTEM CO SDN BHD MESSRS MAI THONG SHIPPING 127 Pemr* Strart FW*.780 words
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Advertisement25 1987-12-28 23 rn i i ft 4 fl MADJU SENDIRIAN BERHAD 20-12 Tonq Eng Building. Singapore 0106 Tel *****8 i 3 REGULAR VESSEL SERVICE TO BELAWAN WEEKLY25 words
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Page 24 Advertisements
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Advertisement281 1987-12-28 24 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TIL 225 6868 <30 Lines- FAX *****39 *****76 TELEX RS ***** A B SSCWA RS ***** A B SSCAD VE.B DEUTFRACHT/SEEREEDEREI ROSTOCK INTEGRATED FULL CONTAINER SERVICE lanette w RUEBELAND 1/M 11/1 ARKONA SW/S7 30/1 3/2 13/2 •VIA COLOMBO Accepting cargo for INDIA Bombay, Cochin, Madras281 words
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Page 24 Miscellaneous
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Miscellaneous170 1987-12-28 24 U Regional Weather A 'A > r i M I 2 El K M 9 J*W? K c ikfi M ****j SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm direction with speed in knots Shower Ran Wove height Cloudy Sky Surfoce winds ore indicated by orrows170 words
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Page 25 Advertisements
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Advertisement657 1987-12-28 25 SCHENKER Ki WEEKLY LCUFCL CONSOL. SERVICES TO VANCOUVER, TORONTO, MONTREAL (CANADA) SPORE VANCOUVER TORONTO MONTREAL SCHENKER 111 29/12 25/1/88 31/1/88 1/2/88 SCHENKER IV 6/1 1/2/88 7/2/88 8/2/88 SCHENKER V 13/1 8/2/88 14/2/88 15/2/88 SCHENKER I 20/1 14/2/88 20/2/88 21/2/88 Also MctpinQ f for CilQwyfTdwiofiloti/Wlnnipofl #tc 510 THOMSON ROAD #0*42 SLf657 words
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Advertisement282 1987-12-28 25 UN I PACIFIC TRANS. TRADING AGENCY PTE. LTD. D IRAQI LINE IMQI ST4TI (NT( RPRISi fO« HUHTIM! TMNJPO«T EAST BOUND SERVICE ETA S PORE LOAOINC FOR MV SINDBAD S/2 Japan MV ALRA2I 3/2 Japan WEST BOUND SERVICE ETA S PORE LOADING FOR MV BASRAH t/1 Jaddati. Aqaba. THROUGH B/Li to282 words
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Page 26 Advertisements
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Advertisement468 1987-12-28 26 FINE-LINER SHIPPING PTE I.TI) IV 70 Shenton Way. 04 02C Marina House. S pore 0?07 TEL. *****77 (6 L.nes) TLX RS ***** FLINFR FAX *****56 EUROPE SERVICE f77¥TTi7r FAR EAST SERVICE MIDDLE EAST GULF SERVICE WEEKLY HKG/CHINA SERVICES o DIRECT SAILING TO PAPUA NEW GUINEA (ACCEPTING CONTAINER AND BREAKBULK CARGO)468 words
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Advertisement522 1987-12-28 26 ZIM FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East i West Coast. Carribbean.East Canada. HAITI. Costa Rica, El Salvador, Guatemala, Honduras. Venezuela. Peru. Ecuador. Colombia via Miami. Trinidad, Barbados, Antigua, St. Lucia, Montserrat, Guayana via Kingston IN TOKYO M LIZENA I IJI IN GENOA J/2 IN GENOA J/2 AUSTRALIA522 words
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Advertisement597 1987-12-28 26 Everett Lines! COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" LOADING FOR CALLAO, MATARANI, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Kelang* Singapore HUGHEVERETT Gdn Kl9/29 Dec; MANOLOEVERETT 15/20 Jan MURRAYEVERETT t/7 Feb yfA"EVERETT ORIENT LINE" JAPAN/BAY597 words
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Page 27 Advertisements
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Advertisement498 1987-12-28 27 ahrenkiel liner service CONTAINER A LCL SERVICE TO PORT LOUIS DURBAN WESTBOUND ALS ENDEAVOUR V67W 01/01 12/01 17/01 MERCHANT PIONEER V6BW 05/01 17/01 22/01 ALS DEDICATION V69W 18/01 30/01 05/02 Accepting Container* tor Johannesburg. Malawi and Zimbabwe also accepting LCL to Port Loui* and Durban $QHEI!EI!IACCEPTING BREAK BULK/CONT AINERS FROM498 words
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Advertisement634 1987-12-28 27 r "j nr_ mi THE NATIONAL SHIPPING COMPANY OF SAUDI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST Accaptinc Br—fcbulfc, Wo/Wo. Contain*™ FCI Cowtamori for Sharjah, Doha and Riyadh REGULAR RO-RO SERVICE TO USA/CANADA Egg i t i M m| Alio Accaptini FCL Coitoinan far Charlwton. Miami. Tampa and US Inland634 words
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Advertisement317 1987-12-28 27 s. a .TH '■'In Destinations: SHANTOU, GUANGZHOU HUANGPU, XIAMEN HAIKOU, ZHANJIANG XINGANG, QINGDAO SHANGHAI t OTHER PORTS Etd. S PORE Etd. PKLG WEEKLY SAILINGS MPS 08VP0SM PVC Ll* TBj SSM TUL ZBB CONSOLIDATION SERVICE FROM: SINGAPORE/P.KELANG PORT LOUIS AUSTRALIA BANGKOK KEE/KAO USA 111! II MARITIME TRANSPORT MANAGEMENT PTE LTD r317 words
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Page 28 Advertisements
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Advertisement338 1987-12-28 28 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** w t I \s| R\ \K I IM R. III) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT •Subject inducement NOTE: ALSO CALLING OTHER JAPANESE PORTS, HONGKONG. TAIWAN I CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime338 words
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Advertisement469 1987-12-28 28 cgm: FOR RELIABLE AND FAST TRANSIT WEEKLY FCL SERVICE TO USA-EAST COAST/GULF/CANADA/MEXICO AND FRENCH WEST INDIES AND FRENCH For: Halifax, N. Baltimore, York Yh Alto serving GULF Savannah, Miami, Mobil*, New Orleans. Houston/Menco Vara Cruz. Mexico City/ FRENCH W. Indies Port D« France. Pointre A. Pitre, Degrad D Caryies. To469 words
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Advertisement195 1987-12-28 28 CON-CARRIERS and Wishes all custemers and friends Merry Christmas and A Prosperous New Yeer RHENANIA INTERNATIONAL TRANSPORT SERVICES PTE LTD SPORE *****33 *****28 TAIWAN (02) 393 1101 FAX *****74 BREMEN (0471) 3669 0 SYDNEY (02) 669 7099 MELB (03) 338 3711 SIN CHIAO SHIPPING AGENCY PTE LTD FOR BOOKINGS TEL195 words
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Advertisement854 1987-12-28 28 W CALL US ATt P. KELANG PENANG J. BAHRU P. GUDANG SINGAPORE i K. LUMPUR *****53/*****11 04-*****2/4, *****3 <07-*****8 07-*****3, *****5, *****0. *****1 •02-*****22 *****88 WEEKLY FAR EAST/EUROPE CONTAINER SERVICE FEEDER 6 BUTANC 403 P KELANG 2»12 I KORRICAN BUTANC 407 B BUTANC 401 OTHER DESTINATIONS AARHUS. AMSTERDAM. ANTWERP, BASLE.854 words
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