The Business Times, 29 April 1986
1986-04-29
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The Business Times
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Title Section11 1986-04-29 1 BUSINESS TIMES M.C. (P) No. 192/12/85 TUESDAY, APRIL 198« 75 CENTS11 words
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321 1986-04-29 1 SHELL today launches a new petrol product, Formula Shell, which could set off a worldwide marketing battle among the oil majors. The new petrol, which Shell described as "a very exciting breakthrough", also stands to widen its lead in Singapore, where321 words
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Article631 1986-04-29 1 CHAN OI CHEE - SPH takes 25pc stake in $30m venture to redevelop Tiger Balm Gardens By CHAN OI CHEE FRASER A NEAVE, together with Singapore Press Holdings, will invest $30 million over two years to redevelop Haw Par Villa into a world-class Chinese mythological theme park. The redevelopment631 words
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Article, Illustration436 1986-04-29 1 THE purchasing company of the island-wide Econ Minimart chain of stores has scored handsome increases in sales in spite of the severe recession in the retailing industry. Gross revenue of Provisions Suppliers Corporation (PSC) grew strongly for the second consecutive year to $40 million436 words
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182 1986-04-29 1 AFP MALAYSIA, which this month played host to about 2,400 tourism big wigs, expects earnings from the industry to climb to M 52.3 billion by the end of the decade. Senator Kee Yong Wee, Deputy Trade and Industry Minister, said projectionsAFP - 182 words
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Article, Illustration87 1986-04-29 1 SHAKE PRICES Ml aeraas the heard yesterday is ft wave «I gtoemy rtiplMi selling. At the due, I—era eataambered wtaaers by 1M to 14. At the elaalag hell, the Straits Times ladastrlal ladex was IJI pciata tower at MUt aai the mere huadly hssrl BT Campeslte ladex was87 words
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Article, Illustration381 1986-04-29 1 LOH HUI YIN - By LOH HUI YIN FOREIGN MINISTER S Dhanabalan yesterday sought to play down expectations of what Asean's meeting with President Ronald Reagan would achieve. "We do not expect to go away with a package of concessions. The basic idea is to explain381 words
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Article92 1986-04-29 1 ASEAN foreign ministers have strongly urged the international community to support the eight-point peace proposal put up by the Coalition Government of Democratic Kampuchea last month. In a joint statement issued last night, the ministers also called on Vietnam to consider the various positive92 words
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Article50 1986-04-29 1 Reuter A WAVE OF radioactivity has swept parts of Sweden, Finland and Norway and a leak from a Soviet nuclear power station may be the cause, officials in the three countries said yesterday. The leaks were originally thought to originate from Sweden's Forsmark nuclear power plant. ReuterReuter - 50 words
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Article162 1986-04-29 1 Reuter SAUDI EFFORTS to mediate in the crisis between Bahrain and Qatar appeared to make little headway yesterday. A crisis between the two emirates blew up when Qatar seized 29 foreign workers at the Kasht ad-Dibal reef on Saturday and chased off a Bahrain! tug withReuter - 162 words
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372 1986-04-29 1 AFP FALLOUT from a ReaganMarcos telephone conversation on Saturday has White House staff red-faced on the eve of President Reagan's Asian tour on the way to the Tokyo economic summit. Mr Reagan telephoned across town to the exile residence of deposedAFP - 372 words
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120 1986-04-29 1 AP LIBYA has reportedly requested to Join the Warsaw Pact because it wants to join a strong alliance that would help it confront enemies. Though there has been no direct confirmation of the reported request from authorities in the Eastern bloc, an unidentified seniorAP - 120 words
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Page 1 Advertisements
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Advertisement41 1986-04-29 1 Mikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Bc?TTf7™ H mj .JUL- O MADE IN ITALY Casuals to iook smart in Sote Agent Jtak JMa Sport (S) Pie Lid Tet 748 4993 Tlx: RS ***** SPORT Available atOG People's Park.OG Elite andOG Orchard41 words
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Advertisement237 1986-04-29 1 SHARE INFORMATION MONEY A EXCHANGES RAW MATERIALS AIRCRAFT CROSSWORDS TV A RADIO OUR VIEW IN ACTING AGAINST former Finance Minister Pranob Mukherjee, Indian Premier Rajiv Gandhi was once again tackling the problem of factionalism from which the Congress party has never been able to free itself. But it is not237 words
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Advertisement138 1986-04-29 1 8m Pag« 10 @'`}.$}-}?),"[!@,>:$]~(^+;>`+-\ 'Schiphol is a hospitable transitpoint." One would like to spend ones hoik a 77 From Schiphol you can fly to 124 destinations on six continents. Everything has been made easy. In transit, you need not worry about your luggage. It is transferred directly to your onward138 words
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Advertisement27 1986-04-29 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM Feature, Pag# 8 Mors reports, Back Paga Shipping Timaa comet at a separate taction today. Make aura you gat your copy27 words
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HOME NEWS
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Article506 1986-04-29 2 MONICA GWEE - BBDO International, DDB and Needham join hands By MONICA GWEE A "MEGA-MERGER" of three giant American advertising agencies has taken their Singapore counterparts by surprise. BBDO International, the Doyle Dane Bernbach Group (DDB) and Needham Harper Worldwide announced the deal to their overseas offices during the weekend.506 words
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329 1986-04-29 2 LISA LEE - By LISA LEE OTHER THAN BEING well-known for the extinct dodo bird, rare postage stamps and white sandy beaches, Mauritius is being actively promoted by a trade delegation as an investment haven. According to mission leader Dr Diwaker Bundrun, the country's Minister of329 words
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Article, Illustration326 1986-04-29 2 A BRITISH businessman sent behind bars for embezzlement wasted no time during his two years behind bars. He developed a series of nine financial board games, the first of which will be available in Singapore from next month. Last Friday, several members326 words
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Article85 1986-04-29 2 STRAITS ENERGY Services, a Straits Steamship subsidiary and member of the Keppel group, has expanded its overseas operations with the opening of a Middle East office. The office was set up "to tap the potential for growth in the region," said a company spokesman. "The Middle East85 words
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Article, Illustration238 1986-04-29 3 KENNETH HUNT has taken up the po6t of supply manager of Mobil Oil Singapore from PC TAN, who has been appointed the refinery director. Before his appointment, Mr Hunt was the manager of operations and control in the LPG and lubricants trading and operations section of Mobil238 words
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Article277 1986-04-29 3 FIVE LOCAL COMPANIES, led by the Trade Development Board, are participating in the three-day All Electronics/ ECIF Show in London starting today. A TDB statement yesterday said that this was the first effort by the Board in putting together a local group for an electronics277 words
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Article79 1986-04-29 3 ABOUT $1 million of sales was recorded during the weekend at the Bth Homemakers exhibition at the World Trade Centre. The show, which opened on April 26, had already attracted 30,400 visitors and the organis- ers, Cahners Exposition Group, are confident that when the show ends79 words
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Article504 1986-04-29 3 JEFFREY TSANG - Association faces $2.8 m claims and fall in membership By JEFFREY TSANG THE AUTOMOBILE Association of Singapore appears to be headed for a bumpy course. It is facing half a dozen claims totalling $2.8 million as well as suffering a declining membership. In its latest annual504 words
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Article185 1986-04-29 3 SINGAPORE's jewellery exports to the US last year totalled $9.3 million more than double the $4.1 million exported in 1964. Encouraged by this, the Trade Development Board and the jewellery industry are taking part in the International Jewellery Show in New York in June, followed185 words
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Article, Illustration280 1986-04-29 3 SAID ABDULLAH - By SAID ABDULLAH THE FIRST catamaran ramppowered landing craft to be used in Singapore waters began its maiden voyage yesterday morning, promising its owner and operator, Tian San Shipping, revenue of about $3 million over the next five years. Tian San is chartering out the 41-metre280 words
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Page 2 Advertisements
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Advertisement274 1986-04-29 2 Ss fe **il I MUITIVIEW TM Until now, when you purchased financial software for your organisation, you probably had to settle for systems that merely recorded financial performance. And that were limited in application. And lacking in scope. Until now. Because now there's MULTIVIEW, an integrated set of management tools274 words
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Advertisement138 1986-04-29 2 FACTORY FOR SALE $1 MILLION Land area: 36,0005q.m. Building area: 15,0005q.m. Height of building: 9.144 m Breezy all day 1. Canteen, Sanitary facilities/water electricity supply, sprinkle system. 2. 4 Unit of 2.2KU 1,000 K.V.A. Transformer*, suitable for all types of industry except food. 3.1.8 km to Jurong Port off Jalan138 words
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Page 3 Advertisements
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Advertisement117 1986-04-29 3 WORLDW/DECOUR/ER Changing the way the world does business. ■b >. >i fX* v In her heart, in her mind, you have always been first. t I M JAPAN AIR LINES Call JAL Passenger Reservations Tel: *****22 or your Travel Agent. n •>V 4 EiwOlass Step aboard JAL First Class. And117 words
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OVERSEAS
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437 1986-04-29 4 AFP THE ACCELERATED downward trend of the dollar could lead to new inflationary pressures on the US economy and discourage foreign investors from entering US markets, financial analysts have warned. Paul Volcker, president of the US Federal Reserve, reaffirmed last week his concernAFP - 437 words
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183 1986-04-29 4 AFP THE White House sought to distance itself on Sunday from a remark by US Secretary of State George Shultz that the Tokyo summit next month could be a "juicy target for terrorists." During a US television interview, Mr Shultz had expressed concernAFP - 183 words
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374 1986-04-29 4 NYT NEW ORDERS for Americanmade machine tools rose 2.1 per cent in March from February's level, according to a report released yesterday by the National Machine Tool Builders Association. Industry analysts in New York attributed the small increase to the nation's sluggishNYT - 374 words
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116 1986-04-29 4 Reuter US CONGRESSMEN are suggesting that Washington try easing curbs on trade with the Soviet Union in the hope that it would encourage Moscow to allow more people to emigrate. The stick of denying Moscow so-called most-favoured-nation trade treatment, which makes Soviet goods inReuter - 116 words
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329 1986-04-29 4 UPI AMERICANS enjoying cheap petrol now are profiting from tough times for the domestic oil business, an industry leader says, but he warns that Opee nations may wind up "in the driver's seat" again next year. George Keller, chairman of theUPI - 329 words
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Article232 1986-04-29 4 UPI UP TO ONE MILLION species of plants and animals could die by the turn of the century in the greatest wave of extinctions since the Age of the Dinosaur, a survey of international conservationists says. The survey, published in the May-June issue of International Wildlife, theUPI - 232 words
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Article157 1986-04-29 4 AP CIVIC LEADERS representing nearly three million Chileans yesterday agreed to orchestrate a campaign to paralyse the country in a revival of militant resistance to armed forces rule. The new opposition tactics range from streetblocking protest marches to non-payment of millions of dollars in debts to government banks.AP - 157 words
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Article877 1986-04-29 4 ARRIVALS Operator Service Local From number time SIA SQI17 0005 KUL UA UA805 0010 SFO/HKG CAL CI341 0255 TPE sv SV398 0440 JED/RUH MAS MH60I 0720 KUL MAS MH68I 0820 KUL MAS MH81 1 0910 PEN MAS MH67I 0920 KUL SIA SQI 03 0950 KUL CPA CX7I0877 words
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342 1986-04-29 5 AP AFTER YEARS of dashed hopes, Vietnam says that it has finally found commercially exploitable oil deposits. But plummeting world oil prices have dented efforts to bring back Western oil companies and their badlyneeded technology. Some diplomats in Hanoi are sceptical, but VietnameseAP - 342 words
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Article175 1986-04-29 5 AFP INDONESIA has barred two Australian Broadcasting Corporation (ABC) journalists travelling with US President Ronald Reagan from accompanying him to Bali, according to an ABC spokesman. The spokesman said on Monday they had been prohibited under the blanket ban on Australian journalists following an articleAFP - 175 words
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Article, Illustration180 1986-04-29 5 Reuter OBSERVED BY the world media nttffhg In Bali for a more temporal smolon the arrival today of President Reagan thousands of Balinese converged an a lash stretch of burial laid far a carnival-like fnneral ceremony. The It-year aid king, Ida CakardaReuter - 180 words
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321 1986-04-29 5 AP THE NUMBER of refugees in the world climbed to more than 10 million in 1985, a report said. And while the US has been the leader in assisting displaced people, its practices towards people from the Western hemisphere seeking asylumAP - 321 words
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177 1986-04-29 5 UPI PRIME MINISTER Rajiv Gandhi has launched a major attack on dissident leaders of his Congress (I) Party, expelling a former finance minister and suspending three other proteges of his slain mother. Sunday's action came two days after Mr GandhiUPI - 177 words
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376 1986-04-29 5 Lower income and corporate taxes suggested Reuter AN ADVISORY COUNCIL to Japanese Prime Minister Yasuhiro Nakasone has called for cuts in income and corporate taxes in the first part of its study of possible sweeping taxation reforms, according to the Finance Ministry. The TaxationReuter - 376 words
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199 1986-04-29 5 Reuter THE JAPANESE government's commitment to restructure the economy to emphasise domestic growth and to reduce dependence on exports has focused attention on urban redevelopment as one option that would not reverse its tight fiscal policy, industry analysts say. "(Urban redevelopment) is by far theReuter - 199 words
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Page 4 Advertisements
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Advertisement191 1986-04-29 4 Now WE FLY THERE 35 TIMES A WEEK. mWSBm: k g Korean Air now flies to the U.S.A. 35 times a week from Seoul. And, of course, there are convenient connecting flights from all major Asian cities. Now there are ten non-stop flights a week to Los Angeles, and four191 words
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Advertisement128 1986-04-29 4 BOMEffi Every Tuesday, Thursday, Saturday and Sunday. Leaving Changi Airport at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent Effective 27/4/86. AIR CANADA O candlelight dinner to relive the warm and shared feeling. A moment made rich with the happiness128 words
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Page 4 Miscellaneous
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Miscellaneous40 1986-04-29 4 Doonesbury NOT THAT I R£GRerrr, BUTITSURB IS U/BJRP BLOWING *17 MILLION IN ONE PAY... a m i *****5 ITS BACK TO CLIPPING COUPONS AND IRONING MY OWN T-SHIR&. ALLTVB6OTLSFT NOW ISMYMBMORJZS. w BY GARRY TRUDEAU 2 I a I ID40 words
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Page 5 Advertisements
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Advertisement47 1986-04-29 5 TUAN SING TOWERS H Fully partitioned furnished floor to let in the heart of the financial district H Ideal for professional firm or bank O 6,700 sq ft available at competitive rental Tel: *****33 101 Cecil Street #14-01 Tong Eng Building Singapore 0106. Telex: VALUER RS *****.47 words
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Advertisement237 1986-04-29 5 THE HOTEL I N Quiet, understated luxury. Yes, the style and service for which Westin is renowned return to Singapore in exciting Raffles City, the crossroads of the business and shopping districts. The Westin Plaza houses the most tastefully decorated rooms in Singapore. Space and amenities will surprise even the237 words
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BANKING AND FINANCE
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550 1986-04-29 6 DAVID GABRIEL - Action expected this week Sang Kancil is BT's financial futures trader. Every Tuesday, DAVID GABRIEL, traces Sang Kancil's tactics and strategies on the Singapore International Monetary Exchange. His starting capital was $25,000, a sum within the reach of most professionals in Singapore. DAVID GABRIEL.550 words
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Article, Illustration1006 1986-04-29 6 SINGAPORE THE US dollar yesterday closed mixed against most major currencies, after fluctuating within a narrow range in thin trading, dealers said. Dealers said sentiment towards the dollar remained bearish but operators were generally cautious ahead of the economic summit in Tokyo next week. The dollar closed weaker1,006 words
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Article255 1986-04-29 6 Interbank rates at 3pm yesterday: Currenci** Nominal 1 rate* Smithaonian Bid Offer croaa parity change Locol dollars to one unit of foreign currency: US do#ar 2 1865 2 1875 2 8196 -22 45 Sterling pound 3 3890 3 3928 7 3469 -53 87 Australian dollar 1 6136 1255 words
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Article331 1986-04-29 6 Asian market ASIAN DOLLAR deposit rates yesterday closed steady at slightly lower opening levels in quiet trading, dealers said. They said most operators were sidelined due to lack of interest, with the market awaiting the US treasury's announcement of second quarter refunding this week. Short-dates weakened about 1/8 point at331 words
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Article419 1986-04-29 6 BA Futures FOLLOWING the post futures cash market gains in the US treasury bonds, June Emiilhr yesterday opened 2 ticks higher than IMM's close at 93.09 and continued to trade an in-tra-day high of 93.14. However, the market lapsed into quiet session as traders looked for fresh economic indicatorsBA Futures - 419 words
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Article283 1986-04-29 6 HONGKONG: GOLD yesterday closed above Saturday's closing level on sporadic local buying in view of the weakening Hongkong dollar. Buying centred on the tael which ended HK$B higher at $3,192.50 each. Spot gold settled at U*****.00/30 an ounce against an initial $345.00/50, against Saturday's close here of $344.80/345.30 and283 words
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Article72 1986-04-29 6 THE OVERNIGHT rate on the Singapore interbank money market fell by 1/4 point from Friday to close at 4-7/8 per cent yesterday. The term rates fell by 1/16 point across the board. The mode was 4-7 8. S$ Interbank rates at 7pm yesterday: OH*r fcd Overnight 4 7/872 words
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Page 6 Advertisements
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Advertisement233 1986-04-29 6 Draw on up to $50,000 more than you have in your account! S "dSi» mm P The Chase Reserve The Chase Reserve is an unsecured overdraft. A serv ice which gives you ready access to more money than you currently have in your account. Think of the ease with which233 words
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WORLD BACKGROUND
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Article, Illustration672 1986-04-29 7 Boris Yeltsin brightest of Moscow's rising stars UPI AMONG the rising stars of the Gorbachev era, none has attracted more attention than the tough new Communist Party chief of Moscow, Boris Yeltsin. In his four months in office, the city has been swept by stories of a hardworking, demanding administratorUPI - 672 words
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Article, Illustration529 1986-04-29 7 Analysts point to Syria as being a firmer supporter of terrorism UPI THE FACE of Middle East terrorism has become the face of Libya's Muammar Gaddafi to the Reagan administration, an image some experts fear could mask another deadly factorUPI - 529 words
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635 1986-04-29 7 Reuter THE FUNEREAL CALM of Mercedes Benz showrooms in Frankfurt, undisturbed by the footfall of customer or salesman, would hardly suggest West Germany is cruising toward a second economic miracle. But delivery time for some Mercedes models is up to two years. With bothReuter - 635 words
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Page 7 Advertisements
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Advertisement111 1986-04-29 7 O--7 ~Tu£AcLnf t Singapore to London/ Thursday, Saturday and Sunday Now you can wake up to a first class breakfast four days a week and still be in London before the traffic jam. AIR CANADA OFFICIAL AIRLINE VANCOUVER, MAY ITO OCTOBER 11. AIR CANADA FLIES EVERY THURSDAY,SATURDAY,SUNDAY,AND FROM APRIL 29,111 words
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FEATURES
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Article515 1986-04-29 8 GIVEN SOME KINDS of friends, one needs no enemies. The Congress Party that his mother Indira Gandhi left Indian Premier Rajiv Gandhi is a prime example of the dubious blessings of having to head what is known as a strong grassroots party. With grass come weeds, the515 words
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Article, Illustration1101 1986-04-29 8 LOH HUI YIN - President Reagan's stopover in Bali on his way to the Tokyo summit presents an invaluable opportunity for Asean Foreign Ministers to express their views on some of the key issues that would affect the association's interest. LOH HUI YIN reports. LOH HUI YIN IT IS DOUBTFUL1,101 words
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137 1986-04-29 8 Foo Kek Swee - Letters to the Editor Foo Kek Swee Geaer&l MNttger Expert Credit ImrMce Cerperattea «f Siagapere LU Dear Sir, I refer to the article headlined "Shing Loong to start a new scheme" in BT on April 22. In the article by Mr Alvin Tay, there137 words
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Article86 1986-04-29 8 Dear Sir, I am a minority shareholder of Batu Lintang. I understand that a majority stake in this company has changed hands from Kuala Lumpur Kepong to Dato Wee. But why has there been no mention of a general offer or anything ever since the86 words
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Page 8 Advertisements
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Advertisement380 1986-04-29 8 Corporate Electronic Banking. Hexagon. Put the power of the bank in your hands. Hongkongßank's Hexagon corporate electronic banking system. It's a state-of-the-art system for six vital reasons. 1. Hexagon is powerful. The system offers wide-ranging services, from reporting simple account balances to up-to-the-minute foreign exchange rates. Hexagon communicates through the380 words
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Page 8 Miscellaneous
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Miscellaneous41 1986-04-29 8 BnStcW: fHink. liciene u>MP(T DO You rn«<£ f*i(?. E>RiS T Ou).. S o I ujfv=> T o u>oß»c This moftNiMG U)HtN TH6. mp>rsj in of me STp»g.TeO SKIPpIMG FM-OM& t H6. S HZZjLX PVSID CP*RTv>)Hfe€xeo UNTO THIS BuiLQiMG NOTHING UHpSUftL TrtftT41 words
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SPORTS
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Article, Illustration419 1986-04-29 9 UPI CURTIS STRANGE, who started Sunday's final round of the Houston Open three strokes off the pace, shot a sizzling 66 to force a sudden-death playoff with Calvin Peete. He then sank a 20-foot putt on the third hole of the playoffUPI - 419 words
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Article276 1986-04-29 9 Reuter SEVERIANO BALLESTEROS found himself overhauled for the third successive tournament when his Ryder Cup team-mate, Howard Clark of Britain, won the Madrid Open golf championship on Sunday. Ballesteros, who saw Jack Nicklaus come from six behind to win the US Masters and suffered theReuter - 276 words
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220 1986-04-29 9 UPI WORLD CHAMPION Alain Prost drove to a revenge victory on Sunday at the San Marino Grand Prix, wringing the tank of his McLaren dry in a race where fuel consumption decided the finishing order. Prost gained revenge for the disqualificationUPI - 220 words
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Article, Illustration392 1986-04-29 9 WALTON MORAIS - By WALTON MORAIS IN THE ABSENCE of the defending champion, the way is open for Kee Bee Khim and company to stamp their mark on the 18hole Keppel Ladies Open golf championship next week. Expatriate Josta Dutihl, who won the title by392 words
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Page 9 Advertisements
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Advertisement107 1986-04-29 9 NATIONS GOLF CHAMPIONSHIP THE DUNHILL CUP 1986 PACIFIC FINAL Singapore Island Country Club 2-4 May 1986 The Singapore Island Country Club plays host to the Dunhill Cup Pacific Qualifying Final from the 2nd to the 4th May. Eight teams, including Singapore, will be competing for prize money of US$lOO,OOO and107 words
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Page 9 Miscellaneous
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Miscellaneous1143 1986-04-29 9 to m mm j TUESDAY PREMIERE The Red Circle 10.30pm, Channel 5 Alain Delon stars in this drama about a notorious French trio who gang up to rob a famous jewellery store in Paris. They successfully escape with jewellery valued at 20 million francs but the city police inspector is1,143 words
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Miscellaneous687 1986-04-29 9 m. n 'A\ I CRYPTIC PUZZLE ACROSS 3 Idle, loosely speokmg (5) 8 In which to look shorp (5) 10 They're old, and sick ot heart (5) 11 Colour of a sheet onchor (3) 12 Where to drink near-beer' (5) 13 Fruit's a source of water for people (7) 15687 words
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FOCUS
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Article, Illustration1078 1986-04-29 10 CHAN OI CHEE - HAW PAR VILLA REDEVELOPMENT PROJECT By CHAN OI CHEE MORE LAND could be acquired in the surrounding Pasir Panjang area to expand the Haw Par Villa theme park. This is because a world-class Chinese mythological theme park on the existing 3.2-hectare site is "very small"1,078 words
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278 1986-04-29 10 A CALL has been made to the private sector to initiate, launch, and fine-tune activities and projects in their areas to help in the overall promotion of tourism in Singapore. "While the Singapore Tourist Promotion Board has intensified its efforts in selling the278 words
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245 1986-04-29 10 THE NEW-LOOK Haw Par Villa, expected to be ready by 1988, will represent a unique blend of Western technology with Oriental history, a combination which the developers are betting on to pull in the crowds. The technology input will come from US-based Battaglia245 words
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Page 10 Advertisements
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Advertisement625 1986-04-29 10 mm K W) 9^ f=S> iyu B«4S f unkai Japanese Restaurant Sushi, sashimi, teppanyaki and other famous delicacies from the land of the Rising Sun are prepared by three resident Japanese chefs. Businessman's set lunch from $8.50++ A FURAMA SINGAPORE HOTEL 10 Eu Tong Sen Street. Singapore 0105 Tel 533625 words
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Advertisement147 1986-04-29 10 AND THE PERFECT COMBINATION GOOD MUSIC AND GOOD WINE GOOD FRIENDS AND LAUGHTER YOU AND YOURS AT THE LOUNGE ROSEMARIE. DAISY, MANUEUCA AND EMMANUEL. WITH CHART TOPPERS. OLDIES AND ROCK N ROLL. PUT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OUT. ENTERTAINMENT: Mon Thurs: Bpm to 1 am. Fri.147 words
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ASIAN STOCKS
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Article357 1986-04-29 11 HONGKONG: The Hang Seng Index rose 14.03 points yesterday to a new high of 1,848.65, propelled by a late wave of institutional buying. It erased a high of 1,834.62 reached last Friday after lagging by seven points in the morning. Brokers said buying was aimed at the banking sector357 words
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Article231 1986-04-29 11 Koin 25 40 -02 AH It 20 30 -04 Al Sneer* Indus 2.67 24 10 -005 -0 3 Lee Chong Yutn •05 Cathay Cora Chang H»a Bank Cheng Loong 30 60 44.10 2460 -07 -0 1 -03 Lien Hwo Indus Nan Yo Ptos 12.15 35 60 19 70 -04231 words
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Article413 1986-04-29 11 TOKYO: Stock prices yesterday rose in moderately light trading led by gains for speculative issues. The market average advanced 50.59 to 15,757.93 after rising 17.46 on Saturday. Turnover was 400 million shares against 450 million in Saturday's half-day trade. Investors' trading enthusiasm was dampened ahead of today's national holiday413 words
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Article72 1986-04-29 11 AMI 21 Pam Mooteel Oriental B ***** -***** Acot« Mining Phil Over*«o» 0.015 unch Anglo Phi PMK B Apex Mmno B 0 011 is +0 001 Picoo B 7650 +05 Son M»guel B 42 +15 0003 unch Seafront ***** -0 001 Benguet Con B 110 unch ime Darby 972 words
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Article331 1986-04-29 11 SYDNEY: Australian share markets closed easier as nervous selling in resource stocks cancelled out support in the industrial sector. By the close of trading, the All Ordinaries Index had fallen 3.7 points from last Thursday's close to 1,206.9, while the All Industrials had gained 5.0 to 1,979.8. The All331 words
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Article79 1986-04-29 11 A n 28 Won Hyundai Const Hyundai Motor KAL 939 2100 1140 735 +2 40 30 42 Bank Seoul 732 48 Chotoung Bk Commercial Bk. DoeWn knd 690 740 540 40 +25 18 Yukong Korea 2160 463 1178 +62 52 99 Docwoo Corp 923 33 140 10 +95 1879 words
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Article134 1986-04-29 11 BANGKOK: The Securities Exchange of Thailand Index fell 0.08 to 129.60 yesterday. Turnover amounted to 115,033 shares valued at 15.3 million baht. AFt 28 1 Ao Kham Thai Alio Ftot Ayudhyo lrr»«»tm«rW Bangkok Agro-kid Mm 24 50 +075 SnimA Sum Canant Sam Citizens S«am Citizens Ltanf Sam City 471134 words
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Article66 1986-04-29 11 Reuter JAPAN'S Nippon Telegraph and Telephone Co (NTT) has agreed to set up a joint venture with a unit of ITT Corp to produce telephone directories which are expected to attract revenue of US$6OO million a year. ITT Europe Inc said yesterday this was theReuter - 66 words
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319 1986-04-29 11 Reuter THE VICTORIAN Supreme Court has dissolved the interlocutory injunction restraining Bell Resources Ltd from dispatching its Part A offer document for shares in Broken Hill to BHP shareholders. The Judge hearing the case yesterday dissolved the order after dismissing BHP's appeal and motionReuter - 319 words
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170 1986-04-29 11 Reuter JAPAN'S four major securities houses will introduce a "bought deal" method into the underwriting of Samurai bonds as early as next month, bond managers said in Tokyo. The method, common in the Eurobond market, would require lead managers to be fully responsible forReuter - 170 words
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Page 11 Advertisements
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Advertisement641 1986-04-29 11 s©3! M m Mm wtae. dim eatertaia •r t; i > 'k 7 1 All the Sapporo Beer you call for... during lunch or dinner is on the house! And that gqes for any soft drink or sake between April 1 st and June 30th. Call 732 1222 ext 1589641 words
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Advertisement192 1986-04-29 11 You can taste it with your eyes $14.00 for 2 persons (4-course Set Lunch) $21.00 for 3 persons (5-course Set Lunch) $28.00 for 4 persons (6-course Set Lunch) $35.00 for 5 persons (7-course Set Lunch) A la carte authentic Sichuan Cuisine also available. Cater to weddings, anniversaries and private functions192 words
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RAW MATERIALS
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492 1986-04-29 12 AFP THE 1986-1987 world wheat crop could rise to a record level of 525 million tonnes, or 15 million more than the estimated out-turn for this season, if normal weather patterns continue during harvesting, the International Wheat Council (IWC) has said in itsAFP - 492 words
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451 1986-04-29 12 AP QUESTIONS about the quality of American grain sold to foreign buyers are being raised again in Congress by critics who say the US is losing credibility as a provider of the best that farmers produce. Many in the grain trade, includingAP - 451 words
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Article110 1986-04-29 12 AFP CHINA is to invest 400 million yuan (US$l25 million) in modernising existing gold mines and opening new ones, the Worker's Daily reported on Sunday. Cooperation with Japan and the US in gold production is also to be stepped up, the newspaper said, but providedAFP - 110 words
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187 1986-04-29 12 Bernama THE PHILIPPINES will have improved rice harvest in the current crop year, Agriculture and Food Minister Ramon Mitra, said in a report to President Corazon Aquino. He said padi production is forecast to reach 182 million cavans (guni) this year an increase ofBernama - 187 words
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Article93 1986-04-29 12 Reuter THE NEW rubber index futures market, which commenced trading in London yesterday, saw reasonable early activity, with midday volume 44 lots. Business was mostly confined to London and European inter-dealer trading, with futures rising from opening levels. Early price levels ap- peared too low, with theReuter - 93 words
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327 1986-04-29 12 Reuter SLOWER WORLD economic growth and cutbacks in metal use are to blame for the hefty surplus, poor prices and disastrous profits now plaguing the world's mineral industry but there are hopes of better times in the years ahead, according to aReuter - 327 words
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173 1986-04-29 12 Reuter FOURTEEN out of India's 22 states are affected by a severe drought, the Minister of State for Agriculture Y Makwana has told the Indian parliament. Last week, a report of the agriculture ministry said the drought in parts of western, northern and southernReuter - 173 words
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Article886 1986-04-29 12 COFFEE ROBUSTA COFFEE futures yesterday remained quiet and easier to midday, with losses from Friday of £17 to £21 a tonne, off the highs of a maximum £15 traded range, dealers said. This was broadly in line with New York-based expectations, with most operators sidelined. The market was886 words
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Article247 1986-04-29 12 SINGAPORE THE MARKET yesterday closed easier with May One RSS buyers quoted at 168.00 cents per kilo, down three cents from last Friday's close. The morning session ended steady at last Friday's level after moving within a narrow range in quiet trading. The afternoon market was lower mainly due247 words
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Article327 1986-04-29 12 RAS prices in S cents/kg, FOB in bales NOON CLOSE Buyers Sellers Buyers Setters Int 1 RSS Prompt 171 00 172 00N 168 00 169 00N Int 1 RSS May 86 171 00 172 00 168 00 169 00 Int 1 RSS June 86 168 50 169327 words
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Article99 1986-04-29 12 (cents/kg. 1-ton 86 JUNE 86 (currcnt month) (forward month) NOON NOON RAS ScHcn Buyers ScHcrt SSR 20 157 50 159 SON 157 50 159.50N SSR 50 154 50 156 50N 154 50 156 50N MRELB Sellers Stlltr: SMR CV 209 50 211 SON ***** 212.SON SMR L99 words
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Article66 1986-04-29 12 Bangkok Broken Rice 115 (USS/tonne. FOB) A-l Super A-l Special 112 White Rice C-l Special C-l Ord unq unq 100% 1st class 240 Loonzain Rice 100% 2nd class 215 100% 1st grade 100% 3rd class 210 unq 100% 2nd grade 210 5% 200 100% 3rd grode unq 10% 15%66 words
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Article151 1986-04-29 12 Chineee Product Robusta 20/25% FOB NSW 630 00 Exchange Sellers' noon doting Apr 28 (SJ/100 kg) prices on Nutmeg 110 FOB NSW 1422 00 BWP FOB NSW 1322.00 Coconut oil 50 00 63 00 Gombier Bulk FOB Ok) drum FOB FOB NSW 330 00 New drum FOB151 words
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Article75 1986-04-29 12 PRICES the KLTM eased fear cents to Mfl4.fl per kite (rem last Friday, ea large iflspen ale ef metal. Tetal ttrMver, which was eeatrl bated malaly by leeal misers, nae to IS toaaes (rem M last week. Misers had to sell mere tbi at the lewer levels dae75 words
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Article193 1986-04-29 12 MALAYSIAN crude palm oil prices yesterday closed weaker, extending last week's decline on further speculative selling and buyer reserve. This reflected the easiness in palm oil futures and a lower Chicago soyoil futures close last week, dealers said. Large local palm oil stocks overhanging the market due to193 words
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Page 12 Advertisements
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Advertisement30 1986-04-29 12 Seafood at Tariglin/Orchard Road Area. Tanglin Shopping Centre Live" Seafood-Superbly Prepared-Best Value A -4. 10 FULL COURSE DINNER FROM $168 (10 persons.) Our specialities: Live Seafood Steamboat Chinese Western Cuisine30 words
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Advertisement6 1986-04-29 12 The zinc report was not available6 words
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Advertisement591 1986-04-29 12 NOTICES THE COMPANIES ACT, cap. m './Mr/ PTE LID (IN CBBMTOU VOLUNTARY UQUIDAnON) At an extraordinary general meeting of the abovenamed company. Duly convened and held at 4 Battery Road 12-00 Bank of China Building, Singapore 0104 on 18th April 1986, the following special resolutions vere duly passed: As special591 words
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SHARE INFORMATION
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Article, Illustration4185 1986-04-29 13 SHARE PRICES fell across the board after a wave of stoploss selling hit the Singapore stock market yesterday. Losers exceeded winners by 104 to 14. At the close, the Straits Times Industrial Index was 7.26 points lower at 563.34 and the more broadlybased4,185 words
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Article277 1986-04-29 13 SINGAPORE Rises Indices Grand Central 70 5 BT Composite April 25 April 28 U 0 > 296 3 477 38 470 92 J Cement 33Vi i +2H BT IndKotor *****59 *****70 Prima 412 2 BT OB/OS -161 -163 Cerebos SO< 234 2 BT CADI -7466 7534 Roth277 words
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Article2735 1986-04-29 13 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".2,735 words
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Article130 1986-04-29 13 HONGKONG Hong Kong Index Mondoy 1148 34 Fridoy 1139 86 Week ago 1111 03 Hang Seng Index Monday 1848 65* Friday 1834 62 Week ago 1785 45 Australian Industrials Monday 1979 8 Fridoy Closed Week ago 1939 5 NEW YORK Dow Jones Friday 1835 57 Thursday 1831 72130 words
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Article286 1986-04-29 13 Monogers' prices for April 29 MARA-Bumiputra First B'putro 4 18 4 23 Singapore Unit Trust Second B'putro Third B'putro 3 71 3 76 3 17 3 22 The Commerce 0 76 0 81 Fourth B'putro 3 38 3 43 The Savings Fund 0 59 0 64 Fitth B286 words
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COMPANY NEWS
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Article, Illustration689 1986-04-29 14 Application closes at noon today nana SHARES OF Cathay Pacific Airways, whose public share offer closes at noon in Hongkong today, are commanding a hefty premium in the grey market. The shares are trading for more than HK$5 compared with the issue price of HK13.88.689 words
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187 1986-04-29 14 FAR EAST LEVINGSTON (FELS) has secured another overseas contract to provide its expertise in engineering consultancy services in the offshore business. The contract was awarded by the National Drilling Company of Abu Dhabi and involves the supply by FELS of the187 words
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230 1986-04-29 14 MBf FINANCE Bhd is to acquire six floors of Plaza MBf in Kuala Lumpur from a whollyowned subsidiary of MBf Holdings, Plaza MBf Sdn Bhd, for Ms 23 million cash. The proposed purchase is not expected to have any material effects on the230 words
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308 1986-04-29 14 ENGINEERING-BASED George Kent (M) Bhd. a member of the Johan Holdings group, has experienced a sharp slowdown in earnings growth. But the company has decided to maintain dividend payment. For the 12 months ended Jan 31, 1986, group pre-tax profit fell by a308 words
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347 1986-04-29 14 Reuter DENMARK'S East Asiatic group faces a bright future after difficult years in the early 1980s and a return to profit in 1983, according to managing director Henning Sparsoe. Every division in the company now holds exciting potential, he said. The group covers 122 companiesReuter - 347 words
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Article589 1986-04-29 14 LACK OF INVESTOR interest caused share prices on the Kuala Lumpur stock market to slip in lethargic trading yesterday. Only selected counters caught investor's attention but these, too, were traded lower. Some of them came under selling pressure and recorded moderate to heavy losses.589 words
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Article2591 1986-04-29 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. MDUSTRIALS Acmo (1 008) Ajmomoto (3 I OS) xd AMD2,591 words
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Article46 1986-04-29 14 ALUMINIUM COMPANY •f MalayaU BerM: 25th AGM at the Teratai Room, 2nd Floor, Tower Block, PJ Hilton Hotel, Jalan Barat, Petaling Jaya, today, at 9.30am. MALAYAN CEMENT Berhad: 36th AGM at 1st Floor, Wisma Damansara, Jalan Semantan, Damansara Heights, Kuala Lumpur, today, at noon.46 words
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539 1986-04-29 15 RAMESH CHANDIRAMANI - By RAMESH CHANDIRAMANI UNITED OVERSEAS Bank has joined in the unit trust race to tap and manage investment funds under the soon-to-be-launched Central Provident Fund share investment scheme. The bank yesterday announced the launch of UniFund, a brand-new Singapore dollar open-ended unit539 words
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232 1986-04-29 15 THE 20 PER CENT CEILING placed on the foreign-registered ownership of Singapore Airline shares was reached yesterday. Henceforth, no more shares will be registered in the names of foreign investors unless there is an opening in the overseas register. As such, SIA has232 words
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444 1986-04-29 15 FOOD-BASED Cerebos Pacific Ltd has maintained its group profits in the first half and expects bottom-line profits for the year to July 1966 to show some growth. Stated earnings per share at the interim stage ended January this year improved slightly to 8.1444 words
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Article487 1986-04-29 15 LAST FULL YEAR Company Period Dote Year Net EPS Gross Net announced ending (cents) div profit last yeor ($*000) Mulpha Intl Interim Aug 24 Dec 85 30 738L Federal Flour Interim Sep II Dec 85 27 1 17 5 22.988 S J Amol Interim Dec 19 Mar 86487 words
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Article, Illustration700 1986-04-29 15 NAJEEB JARHOM - By NAJEEB JARHOM TRADING GROUP Inchcape Bhd has sunk deep into the red with massive group bottom-line losses of $50.03 million for fiscal 1985 as against attributable profits of $22.82 million in 1964. The main cause for the drastic change in Inchcape's fortunes700 words
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Article284 1986-04-29 15 DAH YUNG Investments again stole the show at the stock exchange yesterday but directors of the company, in reply to last Friday's query from the Stock Exchange of Singapore, said they are "unaware of any reasons" for the heavy trading and price drops. The284 words
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Article101 1986-04-29 15 IGB CORPORATION BHD: Group pre-tax profit fell 45 per cent to MJ17.23 million ($31.63 million) on an 18 per cent drop in turnover of $232.83 million ($285.96 million) for the year to endDecember 1985. After tax and minorities, profit came to $3.45 million ($10.85 million), giving earnings per101 words
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308 1986-04-29 15 Reuter INCHCAPE PLC is taking vigorous action to restore profitability and it believed this would be reflected in 1966 results. The company announced 1965 results which showed a sharp drop in pre-tax profits to £46.2 million from £78.9 million previously. There were major reductionsReuter - 308 words
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Page 14 Advertisements
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Advertisement743 1986-04-29 14 f INCHCAPE BERHAD 2< (Incorporated in the Republic of Singapore) The audited results for the year ended 31st December 1985 and the previous year are summarised below:Minority interest (Loss) Profit before extraordinary items Extraordinary items (net of minority interest 1985 $2,246 1984 $29) (Loss) Profit attributable to shareholders Dividends paid743 words
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Page 15 Advertisements
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Advertisement523 1986-04-29 15 (Incorporated in Singapore) Announcement RESULTS FOR THE SIX MONTHS ENDED 31ST JANUARY 1986 The Directors are pleased to announce the unaudited results of the Group and the Company for the six months ended 31st January 1986. orTurnover Profit on Trading After accounting for: Income from short-term investments Interest income Interest523 words
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801 1986-04-29 16 LEE HAN SHIH - By LEE HAN SHIH, Property Correspondent TWENTY-FOUR developers who committed themselves to total payments of more than $1.7 billion to buy land from the Urban Redevelopment Authority were still working on their URA projects in February this year. Among them were Singapore Land, the801 words
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477 1986-04-29 16 BOEY KIT YIN - By BOEY KIT YIN A JAPANESE electronic toymaker is expanding its facilities in Singapore and plans to set up a research and development department to design models. Nikko Electronics Toy, which has invested $10 million, plans to introduce more products and to increase output477 words
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278 1986-04-29 16 THE Philippines intends to make its relations with Asean, which were somewhat strained under the Marcos government, as close as possible, said Vice-President and Foreign Minister Salvador Laurel. The Philippines, he said, plans to make Asean a more dynamic regional organisation.278 words
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Article144 1986-04-29 16 THE Sydney Morning Herald's article alleging corruption by the Suharto government need not have any impact at all on Indonesian-Australian relations if the issue is not played up, said Indonesian Foreign Minister Dr Mochtar Kusumaatmadja. "It is a newspaper article and has nothing to do with144 words
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Article97 1986-04-29 16 Reuter COMEX GOLD FUTURES slipped on selling by London traders and US commission houses yesterday morning before recovering on small dealer buying. Gold (or delivery in June held a loss of $1 at 1345.20 an ounce after edging up from $344.20. Last Monday's low was $343.20,Reuter - 97 words
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Article73 1986-04-29 16 Reuter WALL STREET stocks moved higher yesterday after a weak opening, as technology issues again provided mild support and bonds opened slightly higher. Morgan Stanley Jumped 1H to 77 H after repotting a rise in net income to US$5B million from $17.8 million last year. Hie DowReuter - 73 words
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LATE FILE
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Article39 1986-04-29 16 AFP JAPAN has frozen US$372 million in fresh loans to the Philippines because of a scandal over alleged bribes given to ousted President Marcos by Japanese firms, the Business Day reported in Manila. AFPAFP - 39 words
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35 1986-04-29 16 Reuter CHINA yesterday called for an end to curbs on its exports to the European Community which it said held back sales while imports from the EC boomed.Reuter - 35 words
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Article41 1986-04-29 16 Kyodo JAPANESE International Trade and Industry Minister Michio Watanabe, visiting in Riyactyi, said Japan would increase its national oil reserves by 3.5 million kilolitres, 500,000 kl more than planned, by the end of fiscal 1986. KyodoKyodo - 41 words
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Article54 1986-04-29 16 AFP FINANCIAL controllers of the now defunct Carrian empire started giving evidence in the trial yesterday. Chartered accountant John Wong told the Hongkong High Court that he believed George Tan was a major decision maker and Bently Ho such a decision maker to a lesser extentAFP - 54 words
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37 1986-04-29 16 AFP AUSTRALIAN High Court judge Lionel Murphy was found not guilty yesterday of attempting to pervert the course of Justice. The verdict came at the end of a 10-day retrial. AFPAFP - 37 words
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Article35 1986-04-29 16 AP INDIAN Prime Minister Rajiv Gandhi called a meeting yesterday to discuss complaints against the party's leadership in the first major steps to halt a simmering party rebellion. APAP - 35 words
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Article39 1986-04-29 16 Reuter NEW ZEALAND is prepared to change some elements of its proposed anti-nuclear legislation but will not revoke > its ban on nuclear-armed or powered warships, Prime <■ Minister David Lange said yesterday. ReuterReuter - 39 words
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Article66 1986-04-29 16 Reuter A SHOPPING centre has just finished the ultimate clearance sale where everything had to go including its top two floors to clear the way for jumbo jets landing at an airport a few hundred metres away. Demolition crews are knocking the top off the five-storeyReuter - 66 words
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Article, Illustration360 1986-04-29 16 Reuter MONTHS of clear blue skies over large areas of eastern Australian farming country have raised the grim spectre of a drought as crippling as one which devastated the country's agriculture three years ago. Parts of Queensland and New South Wales, both rich farming states,Reuter - 360 words
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Article249 1986-04-29 16 AFP CHINA'S Armed Forces Chief of Staff has said that cutting back on the number of servicemen will help China narrow the arms gap with developed countries. On the eve of a visit to the US, Yang Dezhi said yesterday that demobilising aAFP - 249 words
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286 1986-04-29 16 THE MARKET for corporate bonds is promising, said Lawrence Yeo, the vice-president and assistant director (securities and sales) of Citicorp Investment Bank (Singapore). In a talk yesterday to 70 businessmen and finance managers, most of them corporate clients of the bank, Mr Yeo said:286 words
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Page 16 Advertisements
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Advertisement118 1986-04-29 16 j The Most Enviable Bankinj Hall in Town is l Now Available L to One Bank, a Maybe, Your Bank. In the heart of the banking financial district Highly visible CORNER ground floor banking hall with vault Approx. 30,456 sq ft Call 221 8780, 221 0915 or 221 2868 for118 words
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Advertisement133 1986-04-29 16 8m Piqm 5 and i iZS KMlill At 1819 quality recipe for success A restaurant survives on the quality of its food. And at Restaurant 1819, chef Philip Swar takes the credit. Not surprising, as he won the gold medal at the 1984 CoolS Olympics in Frankfurt. Philip believes good133 words
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Page 16 Miscellaneous
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Miscellaneous48 1986-04-29 16 Outlook for todoy. Showers over o few oreos in th* lot* morning. Report for 24 hours prior to 7.30pm on Apr 28 at tho airMoximum t*mp*ratur* Associated humidity Minimum tomporotur* Associated humidity Hours of sunshin* Rainfall in millim*tr*s nil RoinfoH this month 148.4 Roiny days this month 1348 words
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SHIPPING TIMES
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234 1986-04-29 17 WORK ON demolition of the first ship bought by Liberia's newly-founded Third World Shipbreaking Inc has started. The Egel, a 4,160 tons gross cargo ship purchased for scrapping after being damaged by fire, is to be broken up on a beach about two miles234 words
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348 1986-04-29 17 JUNE LIM - Kaohsiung will be included in the service By JUNE LIM TO IMPROVE its services to Western Australian refrigerated cargo exporters, EAC-PNSL Service Ltd will introduce two vessels with enhanced reefer capacities in the Fremantle-Straits-East Asian service. The 350-TEU Swan Reefer and Klang Reefer container348 words
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179 1986-04-29 17 Reuter SEA-LAND CORPORATION said its board approved a US$2B per share cash takeover bid for all of its 23.4 million outstanding shares from CSX Corporation. In addition to the shares currently outstanding, Sea-Land said it has 3,160,587 shares issuable upon conversion of its 11.25Reuter - 179 words
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214 1986-04-29 17 Kingsley Wood - By Kingsley Wood THE 42-TONNE cruise ship Oriana which tied up in Sydney in March 27 is costing P A O Cruises Asl,ooo a day in port dues alone but it is still not known when its future will be decided. Earlier214 words
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PORTSIDES
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Article62 1986-04-29 17 Reuter THE JAPAN India-Pakistan-Gulf /Japan Conference said it will raise the currency adjustment factor on shipments to India, Pakistan and the Gulf ports to plus 33 per cent from plus 28 per cent, effective May L It said the increase will apply to those not covered by theReuter - 62 words
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Article124 1986-04-29 17 Fairplay THE SCHIFFSHYPOTHEKENBANK zu Lubeck (SHL), which specialises in ship finance, has asked two of its main shareholders to help in balancing its books in 1985. The SHL said the Schleswig-Holseteinische Landesbank contributed about Dm2o million (US$9.l million) and the Deutsche Bank DmlO million (US$4.5Fairplay - 124 words
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Article1244 1986-04-29 18 SOUTH AMERICAN grain fixing dominated activity on the London freight market on Friday. Richco took the Filia Sea at U5519.15 (2,000 a day discharge free) for a 30,000-ton end-April grain shipment from the River Plate and Buenos Aires to South Korea. Coprosol fixed an unspecified vessel at $241,244 words
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1153 1986-04-29 18 P O to buy remaining shares in OCL for £149m The problems in the shipping industry is well chronicled. But P 0 believes there are some sectors in the industry which are still promising. As an indication of its faith P O last Thursday made a bid to buy theFT - 1,153 words
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Article630 1986-04-29 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Anro Service IV 3/4 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL III 1 Balt-Canodo Line VII 4/5 Bait-Orient Line VM 4/5 Bank Line V 5 BBS II 4/5 Ben Line Cont630 words
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Article360 1986-04-29 18 AFP FAIRLY ACTIVE conditions developed on the tanker market over the past week, although an overabundance of tonnage prevented a significant increase in rates in some areas. London brokers EA Gibson observed that it remained to be seen whether the majority decision by members of the Organisation ofAFP - 360 words
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229 1986-04-29 18 Financial controls on H W navy contract THE BRITISH government has imposed several new financial controls on a consortium led by Harland Wolff which won a £130 million contract to design and build a new naval replenishment ship. Industry Minister Mr Norman Lamont said HAW would be subject to the229 words
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Article131 1986-04-29 18 AFP SALVAGE EXPERTS will fly out today to the grounded Indian bulk carrier Jhansi Ki Rani to see if the vessel can be saved, a Queensland salvage company said yesterday. The 42,000-tonne ship, with a cargo of coal destined for Japan; went aground on Saturday nightAFP - 131 words
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205 1986-04-29 19 UPI JAPAN PLANS TO sharply raise the penalty against foreign vessels, mainly South Korean fishing boats, violating its 12-mile territorial waters, Kyodo news service reported. It said ruling Liberal-Demo-cratic Party (LDP) will submit a bill calling for a drastic increase in fines forUPI - 205 words
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Article315 1986-04-29 19 Lloyd's List LEADING Japanese trading house Marubeni Corporation is pulling out of ship operating and selling its fleet of 73 vessels. Marubeni is to liquidate its ship operating company Marubeni Maritime, registered in Liberia in 1974, which has accumulated operating losses of nearly Yen2oLloyd's List - 315 words
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220 1986-04-29 19 UPI A LIBYAN cargo ship docked for repairs at Marseille has been placed under maximum police supervision, with crew members followed around the city by undercover police, an official said Sunday. The police official said the cargo ship Derna, which docked last Friday forUPI - 220 words
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302 1986-04-29 19 Lloyd's Maritime Asia A HONGKONG government think tank is projecting the territory's container throughput will top the 6.88 million TEU mark by the year 2001. The Economic Services Department is working on the assumption that Hongkong's domestic economy willLloyd's Maritime Asia - 302 words
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211 1986-04-29 19 AP THE IRANIAN navy inspected the US-flag ship Ingenuous and the New Zealand-flag ship Mavash Itabuke but later allowed them to continue their voyages when they were found to carry no Iraqbound goods, Iran's official Islamic Republic News Agency reported. The agency,AP - 211 words
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Article100 1986-04-29 19 AP THE STATE-RUN China Ocean Shipping Co plans to replace old ships over the next five years, the official news agency Xinhua reported. Of the company's fleet of more than 600 ships, which China shipping claims is the ninth-largest in the world, two-thirds need replacement,AP - 100 words
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Article186 1986-04-29 19 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the. member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line.186 words
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Article94 1986-04-29 19 OanaAntara JAKARTA'S navy chief of staff Vice Admiral R/, Kasenda inspected ships of the Indonesian navy participating in forthcoming joint exercises Mai- indo 1986 with the Royal Malaysian Navy (TLDM). The exercises will take place shortly in Malay-. sian and Indonesian waters. Ships taking part are Multatuli,Oana- Antara - 94 words
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Article438 1986-04-29 20 April 16-30 Appraising and financing port projects, Unctad, IPER and ENPC course, Le Havre, France (Details: Institut Portuaire d'Enseignement et de Recherche (IPER), 1 rue Emile Zola, ***** Le Havre CedexFrance.) April 29-30 "Maritime Arbitration," a Lloyd's of London Press seminar, The Royal Horseguards Hotel, London. May 1-2438 words
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6768 1986-04-29 24 aaaaaaiß 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 of6,768 words
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Article718 1986-04-29 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Willm Taiko 862 29 486 1600 Barber F1 0700-0800 U4 E Obtain 005E 29 4 86 1600 G Asia F1 0700-0800/0700-0800 N2/P2 Mai Sandved 17/18 ***** 1900718 words
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Article1668 1986-04-29 25 Who acts for whom The leading shipping lines operating from local ports and their agents. A—B A Top Enterprises Pt« Ltd Some (S) AB Shipping Bousteod Shpg Agencies Afeo Lme African Shpg Agencies (S) Ahrenkiel Liner Kim Shpg <S) Alfred C Toepfer Oceonus ShippmgAgencies (S) Mult*>ort £dn Bhd (PK) Amencon1,668 words
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Article663 1986-04-29 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Hingloj Monoloeverett Straits Pride Tien Ann Baikal B'tang Seria Kim Soon Li Prosper Ragamos 3 Rajah Brooke S'them Glory Trans Fjord Yu Dal K31 K27 K24E K35 K1I K24E K22 K29 K30 K25W K28 K9 K36 Eastern663 words
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Page 17 Advertisements
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Advertisement772 1986-04-29 17 Available at all good bookshops ->r P PUBLICATIONS THE HEART OF THE DRAGON OOCL Orient Oveiqeas CotUamt Line STRAITS EUROPE EXPRESS SERVICE NORTH AMERICA ATLANTIC EXPRESS (ROUND THE WORLD ROUTING) •CA TOKYO 3E/ ORBITAL FREEDOM I OCEAN LEGEM) 2 •aw* com mo me/ ORBITAL PATRIOT 29 ICPTUC MOE 2 •ORCNTM.772 words
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Advertisement61 1986-04-29 17 «a3IK)B NEW SOUTH WALES IS well advanced in negotiations with Egypt and Thailand on new coal and technology contracts. Page II LEADING Japanese trading house Marubeni Corporation is pulling out of ship operating and selling its fleet of 73 vessels. Page 111 Index to advertisers II Shipping Schedules VIII London61 words
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Advertisement1068 1986-04-29 17 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA ft CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS NGAPORE/DAMMAM 9 DAYS HBQAPQRE/BAHRAIN 10 DAYS ■GAPORE/KUWAIT —11 DAYS d rw g *SMfaport CtoMl Taaes1,068 words
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Page 18 Advertisements
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Advertisement334 1986-04-29 18 > 4 STRAITS FEEDER iLMirn YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES Pacific North West Fa«dar at Kao rnai Atlantic/Canada Faadar at Koba FTTHTtM II 1 1 Mh'tMßCTi l- THEDM in iT7TTF7riE—FTrerrem warn frrvnarami I MEm Z3Z iinrnirmmnm 1 I MIDDLE EAST Full Container Service (A member of Oasis Consortium) r^-TV ui. T"RANS334 words
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Advertisement226 1986-04-29 18 NEXT ARRIVALS BARBIR PfRStUS 30/4 BAR® R TONSBfRG 27/5 TO: CALIFORNIA PANAMA US ATLANTIC US GULF E. CANADA 3 ■> 1, S*M Saied 1/5 1/5 1-3/5 1/5 11/5 12-15/5 11/5 21/5 15-22/5 25/5 Mm accqfeg contn tar Huta (MLB) Francnc. Oakland Stockton and San teg* na I. AngMev Charteilon Sa«fc226 words
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Page 19 Advertisements
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Advertisement1155 1986-04-29 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas Containers Limited CONTAINERSHf SERVICES TO/FROM BANGKOK HONGKONG EXPRESS On OF EDMURGH FRANKFURT EXPRESS TOKIO EXPRESS KIT UNO MM) OSAKA BAT BREMEN EXPRESS KOWLOON BAT RtRK MARU OH OF EDMURGH Also Accepting Corgo For: Hsrtwt 1*1,155 words
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Advertisement679 1986-04-29 19 Franco Belgian Services ir t .1-1 t n 11, h >.r> i. <• ilh fir f ,i»/< rn I ini > com wo soma to cimopi JTOK f JtELMK Uthml'ta F-Sb»t ta Bltaan ta KOKM CtMNCt 31 tar (a tar) May 20 Mar a Ma, 25 Ma, 27 May C*679 words
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Page 20 Advertisements
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Advertisement482 1986-04-29 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS Wand haulage to inland destinations in Europe S pare IKeta* Penanf leitoesßftao Genoa Hburt Man Shaven werp Bertram (hclmen 0/5 11/5 13/6 0/6 Peter ftduners 13/5 15/5 17/5 12/6 15/ i 26/6 20/6 24/6 17/8 IBM 0/6 11/6 13/6 15/7 10/7 13/7 »/7 FROM N. CONTINENT482 words
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Advertisement137 1986-04-29 20 r Kc(an« S pare |HKon( KMihunf Buun T<*,o 12/5 19/5 26 5 2/6 CR TOKYO 31 CHHA CONTAINER 34C C I PRIMS «f HONGKONG CONTWO 4* 1/5) 8/5) <15 5) (22 5) ?0 5 174 *> FULLY CONTAINfRISEO TO FROM NORTH AMfRICA WEST COAST i OAK Sf A VCR 28/5137 words
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Advertisement514 1986-04-29 20 Woi Sun Hup Co (Pte) Ltd —i TEL *****06 (20 Lines) TLX RS ***** RS ***** I ASTERN C AR I INI R. ITD. IML INTERMARITIME LTD K Kiubaki (Sub Ajent) Tel: 22ISM Jakarta (Sub Afant) Tat (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM Skan 9 n PI514 words
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Advertisement440 1986-04-29 20 o EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) ALSO ACCEPTING La/Fa I Fa/Fa TO GOTKWURG UME COPENMGEN OHO. STOCKHOLM. MLSMKI BREMEN BREMERHAVEN VIA HAMBURG LOWON. SOUTHAMPTON MANCMSTER BRtMMGHAM LIVERPOOL GLASGOW *U> FELIXSTOWE AMSTERDAM VIA ROTTERDAM US WEST COAST FEEOCR VSL EVER GOMG EVER GOMG [«R440 words
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Advertisement236 1986-04-29 20 r MSI NOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES TT KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORf PKeianc Lm*« Oceania Courier 10/5 Wewak, Madanj. Lae, PAoresby, Motau. RabauL Kieta. Honiara. Papettee Kyowa Cosmos 7/6 Jayapura. Wewak, Madanj. Lae, P .Moresby. Honiara. Kieta, Rabad SUN UNION236 words
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Page 21 Advertisements
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Advertisement871 1986-04-29 21 ■HMH PACIFIC INTERNATIONAL LINES PIL Building. 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 VESSEL MAJAPAHfT GOWA KOTA SING A FAR EAST CONTAINER SERVICE SIN JKT SBV SIN HKG KAO *TCH KEE BUS «MUR S«M SMtad SmM Saited Salted Saited 2S/4 »/4 2/5 A/5 Saited 30/4 3/5 S/5 11/ i871 words
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Advertisement975 1986-04-29 21 BLC BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTfCNT EXPRESS CONTAMER SERVICE TO UK/CONTMENT HAM BIMVENRDAN HAVRE STOM PAELANCSTOM FOR Frarttol Eipress M SjM M SaM 529/4 3C 4 MIC. TIM Tata Eipress SaM SjM SjM SjM SjM 11/5 11/5 *C TIM Mm Mm SjM SjM SjM SjM SjM 14/5 li/5975 words
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Advertisement526 1986-04-29 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDEM INDONESIA P.T. TRIKORA LLOYD ah;/ EKA JAVA AGENCIES (S) PTE. LTD. HtAUiMICI kNtWMVIArf MUMJ MNXVM iMfa 1U -.t.t.U Wilh effect from 23rd April 1986, Our telephone number will be changed from *****2 (7 Lines) to *****22526 words
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Advertisement378 1986-04-29 21 BOUSTEAD SHIPPING AGENCIES 7^ Patau V9BW Htoneywa V/ 211 Paan V9SW V* wnm«m> to isc THM.USM MAM WAOONBAW VIM IMHUTM SAMOA *7 anoMt »i 7n nnrBMK vim BURMA FIVE STAR (Bunnese National Line) Loadng for Rangoon PKetanf 10/11 May (P. Gudai*) 9/10 May (P Gudang) 20/22 May BANK LINE EXPRESS378 words
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Page 22 Advertisements
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Advertisement1499 1986-04-29 22 Li K LINE KAWASAKI KISEN KAISHA. LTD. ECUADOR/PERU/CHILE FORK ttl ASM STM ¥47 MOTHI TBN VS. SPORE 27 Hp WIG PNG 29 SPORE KOBE GUAYAQUK CAUAO MICA 1 Mar 24 Mar 24 km 30 km CM Wf I M AFAGASTA S ANTOIBO YAIPMAISO 9 M 14 M U M CENTRAL1,499 words
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Advertisement768 1986-04-29 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA SERVICE Accepting FCL Containers and Conventional Cargo Sir«ap<we P Aelang Penang Loading tor JO MAMPUR 13 Ma, USA ATLANTIC/EAST CANADA SERVICE Accepting FCL/FCL Containers lm New Tat. ImMk Mfct. Cturtntwi Nra Orleans Mntrtai. SI Wat768 words
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Advertisement698 1986-04-29 22 GOLDEN LINE GUM GUAN SHIPPING (PTC) LTD 23. Ifto SfrMt SMGAMH 1104 Ttl S34JW (II IMS) STRAITS/PERSIAN GULF SERVICE: s GOIOtN KM Colombo Karachi Dub* Doha Balwaifi GOLDEN HAVEN Cotombc Ka<act» Bombay Dub*. J/7 Ml* n 2J May CWNA OCEAN SHAPING CO., PEKING THE PEOPLE S REPUBLIC OF CHMA IVt698 words
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Advertisement486 1986-04-29 22 •NTRASEA (PTE) LTD 10 Anson Road »27 16 Internatior 3' P'a/a Singapore 0207 Tel *****1 i 11 0 I .nesi ffOAASMHin BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI NEOUT ia t ra sntwa MDOU-UST PUT FM CAST POUT mo sea486 words
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Page 23 Advertisements
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Advertisement597 1986-04-29 23 k NOL NEPTUNE ORIENT LINES LTD A««nti S pot NEPTUNE AGENCES PTE LTD Id Ho offict I«rn»al CES BOOKWGS *****77 FTHJ/«BT TPA/«A *****77 *****22 *****53 <* WW CI IMS *****53 *****42 J Bihfu HARPER WKA SON BHD **!«> r *ftan{ HARPER WKA SON BHD ****** P toy* HARPER WRA SON597 words
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Advertisement433 1986-04-29 23 DON AM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P KELANG, PENANG, BUSAN, INCHON spurn NfPHIW *GINCWS Plf 110 lei *****7 7 *****14 (Boo^si ???7SIO ??170?? < Operations I ????4g *****84 l Tfrrrwijl) 77C450 *****04 (CFS) Mil If sil lul Nl TUNAS SI TIA SON BHD Kl !fl433 words
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Advertisement691 1986-04-29 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****33 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** p kelang penang 5. jiemYSffm SlSwii""" m m < sr sassr Tri *****1/*****1 Th MA ***** FEBLOS STH FLOOR.691 words
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Page 24 Advertisements
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Advertisement354 1986-04-29 24 ft REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) WSSB. irrr ■12d***** C521E2123 Sat/Sui 10-11/5 11/5 111.. 11, \m rr~B r*— pm it— ftm 1CZ3C2123 1E2LZ1E2123 Tta/Fri 15-IS/5 1711/5 THAILAND I M imi I I L:-.B IB II h ilj M wttm pi mm iiti^irTrnaii MALACCA STRAITS FEEDER SERVICE ME354 words
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Advertisement0 1986-04-29 24 ,_/&&|?/''-<|}?-)%?~|~+?=;['|'-0 words
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Page 24 Miscellaneous
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Miscellaneous180 1986-04-29 24 Regional Weather 2.7^ V o2 4", N s n sj \f ss K v«* k> m H a S 5 /i SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. o"' Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c A Weather Wind direction with180 words
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Page 25 Advertisements
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Advertisement118 1986-04-29 25 MBC AGENCES K. LUMPUR P. KEL AUG PENANG P. GUDANG 1. BMMMJ STORE *****55/*****56/*****41/*****93 *****1/4 TDtMMAL 3SS3SI/2 *****2/*****3/*****4/*****3 *****3/*****5/*****1/*****0 22SS6S/*****5/*****5 *****22 FAR EAST/EUROPE CONTAINER SERVICE FROM EUROPE va rr ■mf-f I 1 A ii '.r"irari IT J'HHTiITf Binrf im lE3I [3H CUB QUI 3HZH EH dH EZH IHIMMfMIMiynCTTTi ALSO ACCEPTHG118 words
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Advertisement99 1986-04-29 25 FRATA FRATA CONTAINER LINES £S; COLUMBUS LINE REEDEREI GMBH A SE RVICE Of HAMBURG SUD) EXPRESS SEMI CONTAINER SERVICE TO ikViM! :Vr UKC ISTORE ROM/ADAM HBG TOAHA PAPUA V 5 Saied 19/4 25/5 THALASSM MANA VI 12/5 10/6 15/6 MEADOWBANK VlO 16/5 9/6 13/6 TAMAITAI SAMOA V 7 25/5 21/699 words
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Advertisement17 1986-04-29 25 Scan Dutch tf TO RED SEA-MEDITERRANEAN FROM EUROPE iirrrn 5) M*SEILLES FROM JAPAN-TAIWAN-HONG KONG FROM RED SEA-MEDITERRANEAN17 words
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Page 26 Advertisements
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Advertisement279 1986-04-29 26 C w Mitsui OS K. Lines Ltd AFRICAS N °l amru'iJ £li CONTINENTAL PARTNER 9 May Mombasa. Daressalaam. Tanga AFRICA MARU 26 May Port Louis. Reunion WEST AFRICA EARNEST VENTURE 12 May P. Noire. Abidjan. Apapa. Port Harcourt. Lome. Tema OSAKA MARU HAYAKAWA MARU S.A. VAAL 11 May Durban, P.279 words
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