The Business Times, 9 May 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, MAY f, IMC 75 CENTS
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  • 381 1 THE PUBLIC is to be given a chance to give its views on two key pieces of legislation now before Parliament the Companies (Amendment) Bill and the Copyright Bill. An invitation was issued yesterday for those with views on the Mils to
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  • 511 1  -  By ELAINE KOH UNITED OVERSEAS BANK has appointed Price Waterhouse Intrust as limited receivers (or the Goldhill Square property of Goldhill Developments Pte Ltd, according to a UOB deposition with the Registrar of Companies. The notice of appointment of receiver or manager (Form
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  • 420 1 SINGAPORE is to open another investment promotion office in Japan as part of a concerted strategy to woo more Japanese investments. The new office, to be opened around the middle of the year, will be located in a major Japanese city. Nagoya has
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  • 589 1  -  European destinations given the miss By JAIME LYE FEAR OF TERRORISM in Europe is affecting holiday plans ot Singaporeans. Bookings for European tours have slowed down, say several travel agents, and some holiday-makers have cancelled existing bookings. Julian Lauw, the marketing director
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  • 114 1 AP BUOYED BY growing exports and other external improvements, South Korea has revised its economic growth target this year upwards to 8 per cent from the original 7 per cent. Deputy Prime Minister Kim Mahn-Je said yesterday the government also changed its export target
    AP  -  114 words
  • Article, Illustration
    68 1 SHARE PBK3BB httef srtxed t SSt »ils and *srt waring. Bat dealers mM eeattaaed latcrest la selected Mae chips proved farther ta Ml adlHee mMs fr—i 7JSJ milttM at nrid- The Straits Ham ladastrial Index, ap tM aria* at lanehttsM, el seed with a l.il petat sate at
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  • 343 1 Reuter TWELVE international banks plan to establish a technologybased company in London to help reduce the risks of foreign exchange dealing. Chemical Bank vice-presi-dent Peter Bartko said the banks had decided to set up the company after a study funded by 23 banks
    Reuter  -  343 words
  • 134 1 'Let's drink to Coke with Pepsi' AP PEPSI-COLA bottlers in Nairobi yesterday gave a left-handed congratulation to rival CocaCola on its 100 th birthday by offering the public a free Pepsi to toast the occasion. Pepsi took out a half-page advertisement in the Daily Nation featuring a Pepsi bottle and
    AP  -  134 words
  • Page 1 Advertisements
    • 147 1 Let us nurture CITIBANKO Commercial Banking Si, S J /S Another Specialty only from Dragon City. ■■■■jjH Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive service, so reminiscent of traditional Chinese hospitality and respect. Amidst rich and elaborate I *'> surrour,
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    • 236 1 Wm TV RADIO a JU rr a OUR VIEW THE DISSOLUTION of the Thai Parliament lost week shows the problems o decisive premier face at the hands of a powerful military and a political leadership with strong vested interests. Hopefully, the next government will continue Prem Tinsulononda s habit of
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    • 92 1 jjg Ijfc 2*■0 Adrano I V Switzerland meets the challenge of today. The Best of BALLY is to be found at the following authorised BALLY dealers. Bally Boutique Branches Champion Shoe Co (Lucky Plaza) Chanrai Branches S pore Daimaru D jien Boutique Euro Shoe Shop Branch Isetan (S) Ltd Branches
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    • 25 1 The compact zoom PPC m MIMTMTA FP3RO7 than terrorists, Pig* 5 Shipping Timaa comas as a aaparata aaction today. RAaka aura you gat your copy.
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  • HOME NEWS
    • 401 2  -  By JEFFREY TSANG OPPORTUNITIES for Joint ventures in research and development will be explored by a Singapore team which leaves for China today on an 18-day visit. The 14-member team is bringing with it several promising RAD and Joint-venture projects in electronics, medicine
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    • 81 2 IN WEDNESDAY'S story 'TDB has bigger budget for aggressive export drive", BT reported that the Trade Development Board received an extra $2.6 million for export promotion this year. The $2.6 million was actually tiie budget set aside in 1965 for the board's export activities. The
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    • 72 2 THE Trade Development Board has published a booklet in Chinese on "Certificate of origin Use it to your advantage". The booklet was translated from the English version published in September last year. It will be a useful guide on rules of origin, conditions for exporting, and documentation
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    • 268 2 A TREE PLANTED by Mr Chiam See Tong to mark the opening of his Member of Parliament's office in Potong Pasir has been removed by the Housing and Development Board. An HDB spokesman said yesterday that the opposition MP had planted a wrong
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    • 174 2 POOD k HOTEL ASIA *86 will be officially opened on May 13 by Dr Lee Boon Yang, the Minister of State for Trade and Industry. This year's food and catering equipment exhibition is the fifth to be held since 1978. More
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    • 309 2  -  *9 SAID ABDULLAH INDUSTRIAL users of liquefied petroleum gas (LPG) have received an added bonus as a number of companies sought to contest Esso leadership in this segment of the market. Four LPG suppliers Mobil, BP, Caltex and Summit Gas are to cut
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    • 238 2 GOON EOE LOON has been appointed to the board of directors of Far East Levingston Shipbuilding Ltd with effect from May 7. Mr Goon, who is the deputy general manager of the Port of Singapore Authority, is also the deputy chairman of SPECS Consultants Pte Ltd and
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    • 333 2 RETAILERS are expected to Join the Network for Electronic Transfers (Nets) in the second stage of its promotional campaign expected to be launched around next month. Nets spent $750,000 in its first three-month aggressive campaign since the official launch of the
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    • 477 3  -  By MARTIN SOONG 'SPITFIRE and Bearcat light •aircraft may be built under liJcence in Johore Baru by a Sin;ga pore-based company, Stopha •Enterprises. 1 The two models are being (or production by the •local trading company and pur'chasing agent (or two Indonesian oil companies.
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    • 336 3  -  By CHUANG PECK MING -IN HIS YEARS as a foreign Correspondent for the London Observer newspaper, Mr Dennis Bloodworth saw much of the East turn varying shades of red. That, he believes, is not a danger now faced by Singapore. Launching yesterday a
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    • 199 3 IN PRODUCTIVITY as in other things, seeing is believing. Community leaders, trade unionists and workers in small- and medi-um-sized companies will be seeing more of productivity in action from today. The National Productivity Board has introduced a two-part 30-minute videotape on productivity which will be distributed to
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    • 108 3 SINGAPORE students are to compete against their counterparts from the US and Canada in computer programing. A four-member team from Raffles Junior College will represent the Republic in Com Con, a contest open to American schools and for the first time this year to schools in Canada and
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    • 459 3  -  By LISA LEE FJ Benjamin and Sons has set up its headquarters at Kevin House after taking a five-year lease on the building which was last year offered for sale by owner Feroland Pte Ltd. But the owner is still looking for
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  • Page 2 Advertisements
    • 396 2 WORLDWIDECOURCR Changirg the way the world does business. There are only two cars in the world whose bodies are totally zinc galvanised against corrosion. Audi and Porsche. It is the ultimate protection against a world that is hostile to metal surfaces. Audi's totally galvanised body has a distinct advantage over
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  • Page 3 Advertisements
    • 109 3 In her heart, in her mind, you have always been first. 4 m d# v*J s v S V JAPAN AIR LINES Call lAL Passenger Reservations Tel: *****22 or your Travel Agent. T J FirstChss Step aboard JAL First Class. And discover the truth behind our promise. Enjoy the warmth
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  • OVERSEAS
    • 466 4 AFP PRESIDENT CORAZON Aquino on Wednesday ruled out a repudiation of the Philippines's foreign debt and set a deadline six months hence for communist insurgents to respond to her offer of a political settlement. In a wide-ranging interview aired on state-run television, Mrs
      AFP  -  466 words
    • 214 4 AP INVESTORS are waiting to 9ee "a definite direction" in government policies before deciding whether to make any new significant investments in the Philippines. The head of the American Chamber of Commerce, Fred Whiting, in a television panel interview on Tuesday night,
      AP  -  214 words
    • 197 4 AP TAIWAN REGISTERED a record trade surplus of US$l.2 billion in April, largely because of increased exports and lower oil prices. The April surplus was 50 per cent more than in April last year, the Directorate General of Budget, Accounting and Statistics reported. The surplus
      AP  -  197 words
    • 355 4 FT FRANCE and New Zealand appear likely to reach agreement over the coming weeks on the future of the two French agents imprisoned in New Zealand for their part in the blowing up of the Greenpeace ship, the Rainbow
      FT  -  355 words
    • 134 4 AFP CHINA is to mount a major effort to boost the economies of its more than 500 inhabited islands through land reclamation and intensified aquaculture. Tu Fengjun, the director of the Agriculture Ministry's bureau of aquatic products, told a conference in Beijing on Wednesday that priority
      AFP  -  134 words
    • 417 4 AP DIFFERENT SCHOOLS of thought should be permitted in the study of science, says a former Chinese communist party propaganda chief who once encouraged intellectuals to speak freely and then criticised them for doing so. "Science is different from politics. There can only be free
      AP  -  417 words
    • 333 4 UPI AUSTRALIAN scientists will show their Japanese counterparts how to produce "super pigs" while Japan will demonstrate the latest in robot technology as part of a scientific exchange programme. Japan had asked to learn more about recent developments in reproductive biology from
      UPI  -  333 words
    • 931 4 ARRIVALS Operator Scrvica Local time From SiA SQ1I7 0005 KUL UA UA805 0010 JFK/SFO/HKG CAL CIO 10 0015 JED/DHA FT FT7I 0044 JFK/BOS/ORD/ ANC/NRT/ MNL/TPE sv SV398 0440 JED/RUH Tronscorp TC200 0530 BWN Arwoys SIA SQ43 0620 DHA/KHI MAS MH68I 0820 KUL SIA SQ47 0825 DEL MAS
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    • 551 5 Senior US official expects to stabilise UPI WASHINGTON believes the dollar will stabilise on its own but does not rule out a further decline in its value before the major industrial nations' new currency plan takes effect. v •The dollar can't fall forever, it won't go to zero," said a
      UPI  -  551 words
    • 437 5 Reuter ABOUT 229 nuclear power plant* around the world will go out of service In the next 25 years, yet authorities are unprepared to decontaminate and dismantle them, according to a US-based environmental group. World Watch Institute, citing US government estimates in a report, says a
      Reuter  -  437 words
    • 183 5 AFP CONCERN over possible fallout from the Chernobyl nuclear (riant in the Ukraine is driving famiHpg out of the nearby town of Kiev. The Soviet news agency Tass said en Wednesday that queues had been forming to buy tickets at railway stations and airports and dozens
      AFP  -  183 words
    • 276 5 UPI THE UNITED NATIONS coordinator of famine relief in Africa says about half a billion dollars are still needed this year, especially in non-food aid such as seeds, medicine, water supply and transport. Charles la Muniere, the head of the UN Office
      UPI  -  276 words
    • 140 5 UPI POLICE in three suburban Washington DC communities are handing out US$lO traffic citations to motorists found obeying the 40 kph apeed limit, stopping at red lights and properly using their turn signals. The citations will be worth $10 to the drivers, not
      UPI  -  140 words
    • 255 5 AP ABOUT ONE in five working wives in the US earns more than her husband, a US Census Bureau report says. About 4.8 million wives, or 18 per cent, in two-income families earned more than their husbands in 1983,
      AP  -  255 words
    • 199 5 AFP THE TOP tourism official of the European Community, anxious to limit an expected plunge in the number of US tourists visiting Europe, says that more Americans drown in their bathtubs each year than die in terrorist attacks. EC Tourism Commissioner Carlo Ripa Di
      AFP  -  199 words
    • 220 5 UPI THE REAGAN Administration, laying down a tough no-ransom policy toward hostage-takers, has warned US companies and hostage families that secret talks with kidnappers may be illegal. "The US government has concluded that payment of ransom or other concessions to terrorists in exchange for
      UPI  -  220 words
    • 597 5 UPI A SMALL North Carolina company, using an innovation born of industrial waste, may have inadvertently found an answer to some of the woes that plague the US textile industry. Geomatrix Systems, a division of BASF Fibres, makes nylon wire mesh products
      UPI  -  597 words
  • Page 4 Advertisements
    • 143 4 Supreme Events in Cuisine No. 5 THE BELVEDERE S SWISS BUFFET I LUNCHEON May 3 to 30,1986 In the fifth of its Supreme Events in Cuisine, The Belvedere pleases with more than 60 Swiss favourites. Sausage salad, smoked porkloin and ham, gefuellte kalbsbrust and schwa rtenmagen are some of the
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    • 54 4 I I II \I I Iff 11 I v,er V Tuesday, Thursday, Saturday and I I f I I ffl ffl Sunday. Leaving Changi Airport at 1 A. J1 l 1 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canada at *****55 or your
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  • Page 4 Miscellaneous
    • 50 4 Doonesbury T Wf. 1 H i FRANKLY, ÜB'RB IN A STATE. SINCE STAFF SALARIES ARB FIXEP COSTS, 6RAMM-RUVMAN MEAN* ÜBIL HAVE 10 CUT ALLPROGRAMS ANP IMPROVEMENTS &HALF! N BY GARRY TRUDEAU \soyoußHOFtisimr HEMSOFTHBGOUtfS \OONPmON MIL GENERATE SUPPORT N KBRJAHQUARTERS? s^, 9. m t k m. MjfiiSS SflMPli w li. i
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  • Page 5 Advertisements
    • 254 5 Thai's European flights are going fast! s as if m I > r br. -/f /i T» «r V 1 Copenhagen, Athens, Frankfurt, Rome, Zurich, Amsterdam, Paris, London. For some very good reasons! Thai has been making flights to Europe a much more rounded experience for the traveller. We've eliminated
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  • AIR CARGO
    • 543 6  -  Talks on to handle 40 tonnes of cargo monthly By SHAHRIR ARIFF UTG FREIGHT Forwarders, the local subsidiary of German freight forwarding company Union-Transport GmbH (UTG), will soon introduce a sea-air service. Mr Dieter Alheit, a UTG board member, said the company is now
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    • 320 6  -  By LIM SOON NEO IN LINE with the buoyant trend in the air cargo industry so far this year, Freight Express International has fared well in the first quarter. The freight forwarding agent handled outbound A volume (exports) of 772 tonnes in the first
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    • 95 6 WITH EFFECT from last month, Japan Air Lines has started regular weekly non-stop services between Tokyo and several destinations. Its non-stop Tokyo-London (light began operations on April 1; Tokyo-Chicago on April 2 and Tokyo-Paris on April 5. The airline, which already operates (our weekly 747
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    • 211 6 THE Owner Operator Scheme introduced three years ago by courier company DHL International has proved to be successful, according to The Supereourier, the journal of DHL South-east Asia and South Pacific. Although the journal did not quote any concrete figures, it said
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    • 466 6 IT IS NOT very much more expensive (or shippers to send or import their goods by air than by sea. But it pays to consult the professional forwarder first. The freight forwarder could make a total distribution cost analysis of the shipper's
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    • 240 6 ROYAL Brunei Airlines (RBA) has since late April taken on the general sales agency agreement (or Pakistan International Airlines in Brunei while PIA represents RBA in Pakistan. RBA currently also represents Thai Airways, Scandinavian Airlines System (SAS), Ansett, Canadian Pacific Airways,
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    • 199 6 ARRIVALS DEPARTURES Operator Flight tunc From Operator Flight Local tmt For FRIDAY FT FT71 0044 JFK/BOS NW NW906 0615 HKG/NRT/ ORD/ANC LAX/SFO NRT/MNL KAL KE697 0200 BKK/ TPE (SEL) KAL KE698 0200 BKK/ (SEL) JAL JL6I5 0905 KUL FT FT 66 0245 KUL/HKG NRT/ANC ORD/JFK SATURDAY CAL 0333
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  • Page 6 Advertisements
    • 26 6 JL Lufthansa cargo routes to 147 destinations within 80 countries and 6 continents, together with German Cargo Services to the rest of the world. Lufthansa Cargo
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  • RAW MATERIALS
    • 273 7 RAS prices in S cants/kg, FOB in boles NOON CLOSE Buyer* Setters Buyers Sellers Int 1 RSS Prompt 169 00 170.00N 170.00 171 00N Int i RSS June 86 167 00 167.50 168 00 168 50 Int 1 RSS July 86 167.00 168.00 168 00 168 50
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    • 86 7 (cents/kg, 1-ton poHon) JUNE 86 JULY 86 (currant month) (forward month) NOON NOON HAS Sdl^rs B«y«n S«4krs SSR 20 154 00 156.00N 154.50 156 50N SSR 50 151 00 153.00N 151.50 153.SON MRELB lnyin MUn Ivym Scttcn SMR CV 209.00 2I1.00N 210.00 211.00N SMR L 208 00
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    • 66 7 Bangkok Broken Rice 115| 112 (US$/to«M. FOi) A-l Sup«f A-1 Sp*cial Whit* Rica C-1 Spec«o4 J C-1 Ord unq unq 100% 1st doss 100% 2nd doss 240 215 Loonzoin Rice 100% 3rd ckm 210 200 195 100% 1st grad* 100% 2nd grad* 2?S 5% 10% 15% 100% 3rd grad*
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    • 106 7 WHEAT FUTURES on the Chicago Board of Trade closed IV4 US cent a bushel higher in May on Wednesday, but IV4 to SV« cents lower in other contracts, after commercial and commission house selling kept most prices depressed all session. Local buying in May late, partly in concert with
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    • 89 7 SOYBEAN FUTURES on the Chicago Board of Trade closed 3V« to US cents a bushel on Wednesday lower after a dull session. Spot May closed 3V« cents lower at 65.30 Vi a bushel. Bearish sentiment stemming from reports concerning Brazil's soybean crop depressed values. Reports that Brazil had lifted
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    • 229 7 COFFEE A sharply easier market in New York, pressured by continued speculation that Colombia is considering re-introducing special discounts to roasters, weighed heavily on robusta futures on Wednesday. BUGAR Raw sugar futures slid back to the lows of a maximum US$l2 traded range in active business in the
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    • 290 7 SINGAPORE The market closed firmer yesterday with June One RSS buyers quoted at 168.00 cents a kg, up four cents from Wednesday's close. The morning session recorded a rise of 3.25 cents due to short-covering demand for nearby positions and strong buying interest from dealers and speculators. Prices rose
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    • 87 7 PRICEB sa Ike Kaala Lampar Tin Market tell to M614J20 per kg yesterday, dewn 12 eeats (rem Wednesday's clsse, en a klgker dispssal ef 86 tonnes against 21 tonnes. The anrket sptinri at $14.22 and attracted kigker sffertnp kat baytor the* ther. Lewer levels eaeearaged fartker Japanese and
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    • 183 7 MALAYSIAN crude palm oil prices closed slightly lower yesterday on light selling and reserve of buyers in sympathy with the fall in palm oil futures. Trading was again thin and cautious in view of India's presence in the market at its weekly palm oil tender, and following a
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    • 147 7 ChioHt Produce Exchange SiNirs noon closing pricts on Moy 8 (SS/100 kg) Coconut oil Bufc FOB 45 00 Old drum FOB 62.00 New drum FOB 58 00 Copra Mixed (loose) 25 buyers Popper Murrtok White FOB NLW 1190.00 Sorawak White FOB foq NLW 1175 00 Sarawak speool black
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  • Page 7 Advertisements

  • FEATURES
    • 512 8 IT IS NOT EASY to locate the focus of Thai politics. Should one look for it in the ambitions of the military, remembering the fact that since 1932, when a coup ushered in constitutional monarchy, Thailand has had as many coup attempts as general
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    • 989 8  -  Members facing poor economic conditions Asean, in the decade since the first summit meeting in Bali, can be said to be moving into another phase, reports LOH HUI YIN, who covered the foreign ministers' special meeting in Bali last week. (S) \asean/ LOH HUI YIN, FRESH
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    • 1012 8  -  By AL ROSSITER JR UPI THE AMERICAN government has stepped up work on a possible space shuttle successor that could take off from a jetport and accelerate towards orbit, pushed most of the way by air-breathing jets instead of rockets. The US$3 billion
      UPI  -  1,012 words
  • Page 8 Advertisements
    • 187 8 _|&_-@=*=)|*{+'\~}**|*;%!@)-*%> ijt jdL >|» Lu Zu Chun (Green Bamboo Village Chinese Tea House) now open jKJI «J at the basement level of Hotel Equatorial. We stock many varieties of Iff ZU Cfiun Chinese tea and unique drinking crockeries suitable as gift items s If: V til 'A r* And how
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  • Page 8 Miscellaneous
    • 642 8 i a r«k /A\ irrtAy TAUAOOAW }.)}~_;>\&-,))|:')[-$^|&'-&;{.| tential star (4) 19 Happy old statesman losing weight (4) 21 One side of London (9) 23 Turn up with a posh car and a contented sound (4) 24 Is he a masterly teetotaller? (4) 26 Patient task (3) 27 What I do
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    • 27 8 Rn Stow: FiaiUt :^a£ DRISTouJ I've &t£-N TMiMKirsKj ftBOuT Vooß. CXP>MCeS IM TWe'e>vJV<i>JG Cb£RX OF THE. ye*e cor ,r *Pe'niToisi ODDS WOvjß OJINIJIMG BR€i(e>o, 000,000 TO 1
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  • SPORTS
    • 204 9 AP THE HENNESSY Ladies' Golf Tournament which started yesterday in Chantilly, France, has the largest field ever assembled on the women's European PGA tour. The 96 professionals and six amateurs will be competing over the 5,710-metre par-73 Chantilly Course 40km east of Paris.
      AP  -  204 words
    • 497 9 NYT OARING TO WIN the Wimbledon singles championship when he was just a 17-year-old upstart had repercussions that Boris Becker probably never envisioned. In Europe, he became a folk hero, besieged by adoring fans from hotel lobbies to centre court. And across the Atlantic,
      NYT  -  497 words
    • 84 9 AP TIGHT SECURITY at Mexico City International Airport and the lack of a large press room led to a mob scene during the arrival of the Argentine soccer team this week, the Mexican Organising Committee said. "We wanted to bring only (coach Carlos Salvador) Bilardo and maybe (star
      AP  -  84 words
    • 553 9  -  By WALTON MORAIS BECAUSE of its proud tradition and reputation, Manchester United is promising good soccer when the legendary British club meets a Singapore selection at the National Stadium on Sunday. Captain Kevin Moran, speaking on behalf of the players at yesterday's press conference at the
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    • 344 9 REIGNING world champion Alain Prost goes (or a Monaco Grand Prix hat-trick on Sunday and this time he should not run out of fuel in the attempt. A near-empty tank almost cost the Frenchman dearly in the San Marino round of the series
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  • Page 9 Advertisements
    • 374 9 Standard Chartered In today s volatile financial markets it is vital to have protection when the forecast looks uncertain. With Standard Chartered's Financial Futures Scheme, that protection is yours. As a clearing member of the Singapore International Monetary Exchange (SIMEX), Standard Chartered Futures (S) Pte Ltd (a wholly owned subsidiary
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  • Page 9 Miscellaneous
    • 1325 9 to sm mm FRIDAY AT THE MOVIES j Death Hunt Hi P 10J0 pm, Channel 5 I 61 Based on a real manhunt VI in the 1930s in Canada, this action drama stars Charles Bronson (right) as H rHU| a peace-loving trapper and H i Canadian Mountie who H leads
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  • INTERNATIONAL STOCKS
    • 327 10 Reuter NV PHILIPS Gloielampenfabrieken still expects 1966 profits to improve after the 10 per cent fall to 919 million guilders last year, in spite of a rather disappointing 1965 first quarter, according to board member Bob Spinosa Cat tela. He said, "We are not surprised
      Reuter  -  327 words
    • 167 10 Reuter BURROUGHS CORP is to begfti a tender offer for 33 million shares of Sperry Corp common stock at US$7O net per share in cash. Burroughs said on Wednesday that Sperry had not Responded to a proposal to initiate merger negotiations. Burroughs said it
      Reuter  -  167 words
    • 299 10 Reuter WALL STREET stocks fell to a sixth loss in seven sessions on Wednesday on concern over the tax Bill and a brokerage house lowering of IBM's earnings estimate. A bigger loss was averted, however, as optimism grew that a US Treasury funding was
      Reuter  -  299 words
    • 117 10 c$ 24* hnp Oi 42* Abrtfc. unch Inco krrt Pro* Pipe 18* 43* unch AJcon 40* 15* Algoma 17V* Bonk Mont 33* Bonk Nova Scotia Bel Canada 13* 39*4 26* -W Mc Bkxtt 34* 26* 24* 35* Can Imp Bk 19* -M Norondo In 18* Conpoc 16* 15 22*
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    • 190 10 MAY 07 Rond 70 inch 1300 25 INDUSTRIALS MININGS A AJpho 200 3 4165 -35 1075 *****6 490 1675 AMK5 4000 Buff eh 6900 unch 1610 55 Charter 1200 2800 -50 Com Gold 2300 unch CNA 205 5 1020 -5 450 2430 25 Edgars ***** 5325 -25 Fed Vo#i
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    • 482 10 MAY 07 us$ 23* ■14 Fluor Cp 17* NCR Corp 52 1* FMC Cp 96* -1* 42* inch 81* 4-2 HwfiBi 85 -1 AJcon Akfnn Alcoa 39* Freeport Mnri 18* Aleg Ml Afted Stg 23* 49* unch unch Ohio Edison 18* unch -1* Afted Store* 4m GAF Cp
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    • 889 10 Amsterdam MAY 07 fh ABN Aagon Ahotd Akio Alranta AMEV Amro Bark Au Stod Btrtid Bonunnj Buthrman Teftarod* Catv« Ehavwr Fokkar Gammo 559 00 -6 5 103 90 -3 4 77 70 -1.6 160 20 1 7 153 70 4-0.4 77 80 -21 98 60 1 3 122
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  • Page 10 Advertisements
    • 154 10 ft wine, mitftsM [mami Especially for y0u.... with love and appreciation §ARON STABLE Elaborate 5-course dinner at $48.00 per person. fer reservations, please call *****66 Mt 1634/1644. m CAFE VIENNA Brother's Day Special $18.50 per person lunch and Dinner. y w tfie usual ala carte menu j g also available
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    • 155 10 International Buffet Fashion Fare At: $10.50* ONLY <v I FERN TREE CAFE The Fare: Besides a sumptuous international buffet, come and savour our air-flown oysters from New Zealand at $1.25 per piece. Daily from 11.30 am to 2.30pm. The Fashion: A delicious romp into the spectacular world of fashion by
      155 words
    • 107 10 A sumptuous family treat now available onSUHMVSTOOM g/r .V. J7in with a delicious spread of delightful dishes and desserts! Lunch: 12 to 2.30 pm Wednesday A Sunday at Terrace Garden Coffee House i 181 Kitchener Road, Singapore 0820. Tel: *****22 yi Enjoy the serenity amidst the hustle .4 bustle of
      107 words
    • 110 10 iUu 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-H--FURAMA SINGArDRE HOTEL 10 Eu Tong Sen Street, Singapore 0105 Tel 533 3888 PRINCESS emimeE Great Meals in an
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    • 152 10 LOMMOB rrT mMRINATION AND fHE 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: Mot Thurv Bpm to
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  • ASIAN STOCKS
    • 348 11 HONGKONG: Stock prices closed slightly lower yesterday led by selling aimed at the banking sector, brokers said. The Hang Seng Index lost 1.44 points to 1,864.21 and the Hongkong Index (ell 1.02 to 1,159.14. Some brokers linked the retreat to hedge selling against Hang Seng Index futures as the
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    • 230 11 MAT OS Al Sincara Mui Asia Camant Coltwy Com MT 2 58 24.40 0 11 +0.2 Koto 26 70 +0.6 Kuochan Oov Laa Chang Yuan Cham Indus Lian Hwa Indus 24 21 12.55 36 20 +021 -005 Chang Hwo Bank Chang Loong Chio Hw Camant Oho Hun Hour China
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    • 444 11 TOKYO: The market average yesterday gained 124.39 to end at a record close of 16,078.24, just off the record 16,069.47 hit in early afternoon trading. Turnover was a heavy 950 million shares against 740 million on Wednesday, when the market rose 53.70 to the previous record close of 15,953.85.
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    • 78 11 MAY oe hw Morcoppf 0 60 unch MontM* Oriental B 0 015 0 003 Phi Ov«rM<n 0015 unch Acof* Mining PNtex B 0175 urvch Anglo Phi 0013 0 002 Pic op B PLOT 77 50 AMn Con. B 15 05 Son Migual B 41 1 Boguo Gold SeotToot Seme
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    • 334 11 SYDNEY: Australian share markets closed easier yesterday as in- vestors looked for profits in the industrial sector following six days of setting record highs. By the close of trading, the All Ordinaries Index had slipped 4.7 points from the previous day's record to 1242.3 and the All Industrials dropped
      334 words
    • 83 11 MAY 06 Bank Seoul Chohoung 8k Won 700 650 -10 •12 Hyundai Coret Hyundai Motor ICAL 920 2030 1040 720 -20 -10 •15 +10 715 unch YiAorva 2285 418 +20 -6 Doofantnd 550 850 unch -25 Lucky Ltd 1100 -15 Doe woo Ind Dong Ah Gold Star 1262 485
      83 words
    • 124 11 BANGKOK: The Securities Exchange of Thailand Index yesterday rose 0.19 point to 129.38. Turnover was 74,293 shares valued at 13.2 million baht. MAY M MM Saho Ur»on IIS unch Smwii Ao Khom Thai Sam C*m*rvt 478 17 Sam Qfczant Awo Fixe Siam Otaans Ayudhya brvMtmarrt 133 1 L«aung Bangkok
      124 words
    • 66 11 Reuter CHINA plans to increase colour television tube output to 7.5 million units a year by 1990 from the current 1.3 million by using imported technology, equipment and designs. The China Dally newspaper said foreign companies were being asked to bid for four projects,
      Reuter  -  66 words
    • 388 11 Permit to trade in securities FT SWISS BANK CORPORATION (SBC) has received a helping hand from a powerful neighbour in its hometown Basle in winning a licence to trade in securities in Japan. Ciba-Geigy, the big chemicals group, has taken a half share in the
      FT  -  388 words
    • 196 11 Reuter ITALIAN state-owned carmaker Alfa Romeo SPA is planning jointly to design and produce a four-wheel drive vehicle for military and civilian use with Japanese company Nissan Motor. An Alfa Romeo spokesman said in Milan on Wednesday that the new rough terrain
      Reuter  -  196 words
    • 49 11 Reuter HONGKONG'S government-owned Kowloon-Canton Railway Corp recorded a net profit of HK$55 million for the year ended Dec 31, 1985, compared with a HK$65 million loss last year. Total revenue amounted to $604 million for the year compared with $410 million the year before. Reuter
      Reuter  -  49 words
    • 124 11 Reuter RJR NABISCO INC Is to establtafaa new business unit on July 1 to be called RJR Nabisco China. The new unit, to be baaed in Hongkong, will overaee expansion of tobacco, foods and quick-service restaurant operations in China and will be
      Reuter  -  124 words
  • Page 11 Advertisements
    • 119 11 *m&i re to wiae, «tin« anil cdterftu The start of an experience so authentic yet unique m I Opening Hours: Lunch: 11 a.m. to 3 p.m. Dinner: 6 p.m. to 10.30 p.m. KINTA-MANI m rr.■ rfrTrr-r.:;T If you're 50 and above, we'll give you $50 to spend at Seafood -Theatre
      119 words
    • 147 11 ,X-c TT* ■>»' j r £'-l /r- w «4 v•' 1 >- v i (Hhfll Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting. i'i 1 u > i.." 'Tfr 1 "k>3 Monday to Friday $26.50 10% service charge 3% CESS SUNDAY MUNCH $24.00 10%
      147 words
    • 164 11 i We're blasting off tonight and every night at Para Wave Discotheque Take off to the stars groove to the pulsating rhythms spun by the dynamic music makers, Solosa Sound Services Business Hours ft First Drink Charge Weekday* ft Sundays: 9pm 2am; SKH-+ Fri, Sat ft Ev« of Public Holidays:
      164 words
    • 244 11 DELICIOUSLY HYATT Plum s! Spacious, spread out and contemporary. You'll find the best of local and western cuisine there's also a buffet station with an excellent assortment of Chinese, Indian and Malay dishes. Plus a delightful children's Menu. And don't miss dessert it's ice cream galore! Hyatt RegencvJ®Singapore 10-12 SCOTTS
      244 words
    • 135 11 —w> ss> Food Boom Package x v\ For lunch or dHvwr.you gal 3dNhw and a >oup ad ganutna faking 4 SiOHian cu*iw (Sharkl Fm prcwd>dlor)o<r«p»a«*cH6rwic»n wfrlhf if'• w#dd«ng •fwwv#f*ary i At part Of Our Annimrtary catabraton. wart giving you a Mtatcoma Bavaraga at Cottaa QarOan without charga, and a traa
      135 words

  • BANKING AND FINANCE
    • 373 12 Reuter THE BRITISH government plans to exclude wholesale transactions in money, foreign exchange and gold bullion from its definition of investment business where at least one party is a recognised bank, deposit taker or building society. UK Treasury Economic Secretary lan Stewart said
      Reuter  -  373 words
    • 279 12 Reuter BANK OF ENGLAND governor Robin Leigh-Pemberton said hnnkg must establish a proper pricing level for new credit instruments being introduced in the world capital markets to reduce risk. He told an international capital markets conference in London that the new instruments could
      Reuter  -  279 words
    • 198 12 FT COSTA RICA risks being declared formally in default on its US|4 billion foreign debt after announcing that it was temporarily suspending interest payments because of an acute shortage of foreign exchange. The announcement came as Mr Oscar Arias of the right-wing Social
      FT  -  198 words
    • 568 12 NYT FEDERAL RESERVE chairman Paul Volcker said on Wednesday that proposed emergency legislation allowing regulators to merge failing banks across state lines would most likely be used in only a few instances. He added that if, in a crisis, regulators did
      NYT  -  568 words
    • 420 12 Reuter BRAZEL's economy has received a boost from the country's recent sweeping anti-inflation package, but its banks are facing severe problems. Many expect to report losses this year after years at rising profits. Bankers and economists say the hanking sector took advantage daring the
      Reuter  -  420 words
  • MONEY AND EXCHANGES
    • 826 12 SINGAPORE The US dollar closed firmer against most major world currencies but below the day's highs yesterday. The dollar firmed on short-covering prompted by a report of a Tokyo/Bonn Joint intervention accord. But it came under some profit-taking after Japanese Finance Ministry sources denied the report. The dollar
      826 words
    • 210 12 Inter bonk rates at 3pm yesterday: Locol dollort to one of fovtifn cvrroncy: Nd Offer ci roaa parity US dolor Staring pound Austrafcan dolor NZ doiar Canadian doiar 2 2010 3.4049 1 6287 1 2842 1 5943 2 2020 ***** 1.6316 1.2870 1.5962 2.8196 7 3469 3 4286
      210 words
    • 123 12 THE OVERNIGHT rate on the Singapore interbank money market rone by 1/8 point from Wednesday to close at 4-7/8 per cent yesterday. The one-month term rate rose by 1/16 point while the two and threemonth rates remained unchanged. S$ Interbank rates at 7pm yesterday: OH»» M roght 4
      123 words
    • Article, Illustration
      329 12 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels yesterday after a day of quiet trading. Short-dates were slightly lower at the outset due to a weaker US federal funds rate, but remained unchanged in subsequent trading. Overnight, weekend and week fixed closed at a common rate of
      329 words
    • 338 12 BA Futures JUNE EanMlar opened higher at tt.34 yesterday as the unexpected drop in US federal funds prompted some speculation on a possibility of another discount rate cut. Liffe opening saw the dull trading with the June contract closing at 93.34. Currency futures opened sharply higher as dollar's outlook
      BA Futures  -  338 words
    • 289 12 HONGKONG: The metal closed higher yesterday on some late short-covering by mainly European houses, following a rebound In the US dollar in the afternoon. Stronger silver prices was behind gold's advance. Bullion settled at U*****.55/85 an ounce against an opening of $344.00/40 and New York's close of $344.25/75. But
      289 words
  • Page 12 Advertisements
    • 257 12 NOTICES I'FU. I COMPANIES ACT. cap. ni (IN VOLUNTABY LIQUIDATION) At an extraordinary general meeting of the company held at 156 Cecil Street #07-02 Par Eastern Bank Building, Singapore 0106 on sth May 1966 the following special Resolutions were duly Dassed:1. That the company be wound up voluntarily pursuant to
      257 words
    • 305 12 \[,Vi i7?n'ii i i, i >l r ffl NOTICE 18 HEREBY GIVEN that pursuant to Section 308(1) of The Companies Act, Cap. 185, a final general meeting of the abovenamed Company will be held at 10 Raffles Quay #18-04, Hong Leong Building, Singapore 0104 on Friday, 13th June 1986 at
      305 words
    • 76 12 NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of The Companies Act, Cap 185 that the Pinal Meeting of the Members of the abovenamed Company will be held at the office of M/s Heng Lee Seng ft Co, 1 Colombo Court #05-27 Singapore 0617 on Tuesday, 10 June 1988 at
      76 words
    • 223 12 NOTICE IS HEREBY GIVEN that, I Goh Peng Chew of No. 10 Jalan Rendang Singapore 1542, have applied for a Wholesale Liquor Shop licence in respect of premises at M/s Winecraft Distributors Pte Ltd, 182 Joo Chiat Road, Singapore 1542 and that this application will be heard in Court No
      223 words

  • SHARE INFORMATION
    • 4102 13 IN THE ABSENCE of fresh factors, the Singapore stock market meandered sideways yesterday but selected trustee stocks remained on the buying lists of investors. Overall, the market ended on a mixed note with winners edging losers by a 69 to 54 margin as
      4,102 words
    • 260 13 SINGAPORE Rises iix die— totfcmom Mm 390 +16 «T Compowt* 485 79 487.69 OCIC 630 +■15 ITWitotof *****43 *****74 Woorao* 257 +11 BT OB/OS 90 20 DBS 496 10 BTCAW -7396 7384 Net Iron 266 8 BTOBV -*****3 -*****4 CW Urf 166 +6 ST Mwitnoh 582 89
      260 words
    • 2799 13 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0 87*B 0 90S) (2) 087* Alcorn (0 428) Amol Ste«l 50« (0 596 0 60S) (5) 0.59* B A T 22c (I 528 1 545) (2) 153 (2) 154 (2) 1.54 (4) 1 53 Boto (I 706) Berjoyo Corpn
      2,799 words
    • 124 13 HONGKONG Australian Industrials Hong Kong Index Thursdoy II59.14 Thursday 2068 2 Wednesday 2075.2* Wednesday *****6 Week ogo 2000 0 Week ago II4964 NEW YORK Hang Seng Index Thursday 1864 21 Wednesday 1865 65* Week ago 1848 65 Dow Jones Wednesday 1775.30 Tuesday 1787.95 Week ago 1783 98 TOKYO
      124 words
    • 281 13 Managers' prices for Moy 9 Singapore Unit Trust The Commerce 0 78 0 83 The Savings Fund 0 61 0 66 S pore Prog Fund 0 30 0 32 S'pore Sec Fund 0 51 0 55 S'pore Invest Fund 0 46 0 49 S'pore Equity Fund 0 35
      281 words

  • COMPANY NEWS
    • 584 14 Bernama THE KUALA Lumpur Stock Exchange (KLSE) has revised its existing listing manual and introduced new policies aimed at developing the securities industry. These changes were disclosed by Mohamed Salleh Majid, the general manager of the KLSE, who spoke recently at a securities conference in
      Bernama  -  584 words
    • 205 14 NYT SAATCHI A Saatchi, the UK advertising company, has agreed to acquire Ted Bates, the third-largest advertising agency in the US, according to three independent sources. However, Robert E Jacoby, chairman and chief executive of Bates, said on Wednesday that nothing
      NYT  -  205 words
    • 570 14 SHARE PRICES closed mixed on the Kuala Lumpur stock market yesterday. Selected counters were actively traded on light buying support. Lower liners which caught investors' attention closed higher but some succumbed to profit-taking and ended with losses. The market started on a quiet note with share
      570 words
    • 2401 14 BID and offer prices officially listed and hnrinti 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. MDUSTMALS Acmo (0 856) Ajinomoto (3 1 OS) AMD (3.245)
      2,401 words
    • 123 14 MING COURT HOTEL United: 18th AGM at Ming Crystal Room, Ming Court Hotel, 1, Tanglin Road, Singapore 1024, tomorrow at 12.15pm. THE INSURANCE Ctrp st angapsre Ltd: 16th AGM at the DBS Board Room, 46th Storey, Tower Block, DBS Building, 6 Shenton Way, Singapore 0106 on Monday, May
      123 words
    • 459 15  -  By NAJEEB JARHOM PLANTATION-BASED Lingui Developments Bhd has taken advantage of the depressed Malaysian piopeily market to acquire a piece of real estate in Johore Bahru for M 52.26 million. Lingui, which has existing interests in the financial and property sectors, is applying
      459 words
    • 557 15  -  Deal involving shares in Koon Swan related companies not taken up By HOMER CHEN THE COUNTER-OFFER made by the five local stockbrokers to Malaysian businessman Mak Kok on a deal shares in two Tan Koon Swanrelated companies has expired without the offer being taken
      557 words
    • 263 15 SYDNEY-BASED Malaysian lm Ming Tee, who controls a quarter of the equity of locally listed Sunshine Allied Investments Ltd, is set to make his mark on the management of Wormald International Ltd. Mr Lee's appointment as deputy to Wormald's chairman, Mr John Utz,
      263 words
    • 246 15 IN REPLY TO queries from the Stock Exchange of Singapore, latraes Ltd gave three reasons for the group's high taxation provisions. Intraco said a number of its subsidiary companies incurred losses for the year to endDecember 1985 and these losses could not be offset against profits generated by
      246 words
    • 1268 15 Cwr«t E> dm* looks doM Dot* pov a b>« Total for Mm yoor Total for lost yoor A B N A Enterprise* Acma Aiinomolo Asiatic Dsr lata P n POTTO lowtsod C A C C 1 Holdings C Properties dun Msio City Dev Com Store DBS DBS CULS
      1,268 words
    • 356 15 IN SPITE OF the cut-throat competition in the hotel industry here aid In Mahjria, the KuokcontroHwl Shangri-La Hotel Ltd and Rasa Sayang Beach Holds (Penang) Bhd hope to maintain their profits this year. But the Rooks' hold hi Heagkoag expects
      356 words
    • 174 15 SOUTH EAST Asia Development Corp Is taking a long-term view of its unit trait investments in view of the current uncertainties in the stock market. Directors attributed the sharp decline in stock prices last year, including some blue chips, to the sharp erosion in commodity prices,
      174 words
    • 105 15 Reuter PLANTATION-BASED company Guthrie Ropel Bhd is taking steps to diversify to other crops such as cocoa, from oil palm and rubber, chairman Tan Sri Rashdan Baba told shareholders at the company's annual general meeting yesterday. He said Guthrie is also considering going into downstream
      Reuter  -  105 words
    • 684 15 EQUITIES yesterday opened narrowly mixed, showing no clear tread as prices drifted on lack of interest following Wednesday's sharp falls. At 1.15 am, the FTSE 100 Index was up only 1.4 points to 1,811-5. Oils made the strongest showing in the morning, helped by demand for the underlying
      684 words
  • Page 14 Advertisements
    • 1549 14 THE HONGKONG KOWLOON WHARF GODOWN COMPANY, LIMITED (Incorporated in Hong Kong) THE OFFER FOR YOUR SHARES IN HOTEL MARCO POLO LIMITED (Incorporated in Singapore) Set out below is the text of a letter from The Hongkong Kowloon Wharf Godown Company, Limited which will be sent to shareholders of Hotel Marco
      1,549 words

  • Page 15 Advertisements
    • 188 15 IGJlllibl TENDERS FOR ESTATE MACHINES The Board has introduced Interest Free Financing Scheme for Conservancy Contractors to purchase estate machines. Only suppliers/contractors who participate in this, tender exercise will be olowed to participate in the Board's Interest Free Financing Scheme for Conservancy Contractors. Tenders ore invited for:Design, Manufacture, PaMwry and
      188 words
    • 206 15 NOTICE OF PREPAYMENT BAN QUE NATIONALE DE PARIS USDLRS 150,000,000 FLOATING RATE NOTES DUE 1989 Notice is hereby given that in accordance with Clause 5 'Redemption and Purchase' (B) 'Optional Redemption by the Bank' of the terms and conditions of the notes, Banque Nationale de Paris will prepay all the
      206 words

  • 468 16  -  We can't expect to resolve every disagreement, says US Under-Secretary By LOH HUI YIN A BLUNT ASSESSMENT of America's attitude towards Asean, particularly on trade matters, was given by the US Under-Secretary of State for Economic Affairs yesterday. Mr Allen Wallis told Asean officials: "We
    468 words
  • 287 16 WHILE ASEAN is prepared to help itself out of the economic depression, the rich developed countries must also cooperate by considering its needs and interests in the global economy, said Foreign Minister S Dhanabalan yesterday. "We have not flinched from painful difficult adjustments that we have
    287 words
  • 211 16 Shultz US growth will give region a boost US SECRETARY of State George Shultz said a good performance by the US economy in the first quarter of this year a showing that is expected to last through 1986 should help the Asean economies. This is one of the positive economic
    211 words
  • 126 16 IGNORING Japanese Prime Minister Yasuhiro Nakasone's remark that "too rapid a rise in the yen cannot be tolerated", foreign exchange markets yesterday pushed the currency to a record high of 163.40 against the US dollar. That was the rate in London
    126 words
  • 113 16 JAPAN, in its clearest attempt yet to distance itself from the Tokyo summit's declaration against terrorism, said yesterday it was not committed to the accord's provisions but would study them. Yoshio Hatano, the Foreign Ministry's chief spokesman, disputed interpretations
    113 words
  • 158 16 LEADING US and Asean businessmen ended a meeting on Wednesday with a call for more American goods and services to be allowed into Asean markets as one way to fight pressure for trade protectionism. "Protectionism in any form impedes trade
    158 words
  • 61 16 COMEX GOLD FUTURES rose US$l.5O on dealer buying yesterday morning before encountering profit-taking left over from Wednesday's oil-based rally. Gold for delivery in June retained a gain of $0.90 at $346.70 an ounce on a pullback from a high of $347.30. Silver futures edged up 3.4
    61 words
  • 62 16 Reuter WALL STREET stocks moved higher yesterday, continuing the uptrend begun late on Wednesday when losses were trimmed substantially. Buoying the market were initial expectations that the auction of 30-year US bonds would be a success, said traders. The Dow Jones Industrial Average was six points higher
    Reuter  -  62 words
  • LATE FILE
    • 40 16 AP MOSCOW has asked the European Community to sell it a huge amount of food because radiation has contaminated Russia's breadbasket in the Ukraine, a British member of the European Parliament said yesterday.
      AP  -  40 words
    • 36 16 Bernama DATUK Serf Dr Mahathir Mohamad accepted the chairmanship of a steering group yesterday to prepare the groundwork for the establishment of the Independent Commission of the South on development issues.
      Bernama  -  36 words
    • 40 16 UPI THE US House of Representatives has rejected President Reagan's request to sell US$354 million worth of missiles to Saudi Arabia, the first time that Congress has refused to sell weapons to a foreign country. UPI
      UPI  -  40 words
    • 32 16 Reuter VISITING US Secretary of State George Shultz rejected a suggestion yesterday that South Korea's political situation was volatile and expressed satisfaction at its progress towards democracy. Reuter
      Reuter  -  32 words
    • 42 16 UPI THE Government-backed Jatiya Party in Bangladesh led yesterday's peril returns with half the results in from general elections designed to end four years of martial law but deadly violence and charges of widespread fraud marred the results. UPI
      UPI  -  42 words
  • 202 16 Bernama, UPI THIRTY-THREE dissident members of the Thai Parliament from the largest partner in General Prem's four-party coalition government yesterday resigned from the party amidst strong speculation that they would team up with other groups to contest the coming general elections. The
    Bernama,; UPI  -  202 words
  • 76 16 Reuter PRIME MINISTER Paias Wingti of Papua New Guinea has warned foreign businessmen against offering bribes to Cabinet Ministers and senior government officials. "I will not tolerate these greasemen, the sweet talkers who slither their way into my office or the offices of my ministers," Mr
    Reuter  -  76 words
  • 297 16  -  By JUNE LIM BY WORKING Oat out, Pandan Shipyard has managed to complete three helidecks, partly built by the financially-trou-bled Selco Shipyard, in 10 days. The three were part of a gix-belideck order which Mazagon Dock of India placed with Selco Shipyard early in
    297 words
  • 322 16 THE BANK OF AMERICA'S building in Corporation Drive, which was occupied by its former Jurong Branch and constructed at a cost of $1.2 million in 1976, has been put up for sale. The one-storey building stands on land leased from the
    322 words
  • 85 16 AP SYRIA has denied any involvement in a West Berlin bombing incident and has asked for participation in police investigations into the incident to "determine the truth". In a report yesterday, Damascus Radio said that Syria had protested to the West German ambassador following an announcement by the
    AP  -  85 words
  • 360 16 Reuter CHINA WILL FREEZE oil exports to support Opec efforts to stabilise the world oil market. State Councillor Zhang Jingfu told the Kuwait Times that China, Asia's biggest crude oil producer, would hold oil exports this year at 1985's level of 30 million tonnes, equivalent
    Reuter  -  360 words
  • Page 16 Advertisements
    • 199 16 INEVITABLE SACRIFICES. 20 units ongtnal USA California lounge chairs. Golden yellow fabric on swivel steel legs and detachable 1 Going for only $79 40 units original German executive arm < g chairs on solid brown fire retardant fabnc Auto hydrolic heiqht/backrest adjustment. Smooth swivel system on fibreglass legs and castors.
      199 words
    • 3 16 Leader, Page 8
      3 words
    • 221 16 lAAwiaiJi 9VTIVI leeninwi iVflViny Ktev, Pag« S EXPATRIATE COMMENTS ABOUT ARDMORE PARK [NO ij 'The mini United Nations' 8? 3 P r c. 31. W. 9 ml m t 1 d m a 58 >4 SE2 I call Ardmore Park the United Nations of Singapore ypu really get to meet
      221 words
  • Page 16 Miscellaneous

  • SHIPPING TIMES
    • 302 17 WEST ASIA Kontena Line (WAKL) and Bengal X-Press Container Line (BXCL), both managed by Sea Consortium, continue to hold their position in the common feeder business. Despite the increase of feeder services in the Indian Ocean, the two lines' liftings
      302 words
    • 414 17  -  By G DURAIRAJ A BLOCK train feeder service will operate regularly between Port Kelang and Prai, in Penang, to improve movement of boxes overland. Trial runs were conducted over the past few weeks to test the feasibility and efficacy of the
      414 words
    • 246 17 AP JAPAN HAS told the United States it is ready to take up transportation equipment in trade talks between the two countries, a foreign ministry official said. The official, speaking on condition of anonymity, said the time and location
      AP  -  246 words
    • 173 17 Reuter A TOTAL OF 3,387 ships with a combined 20.3 million net registered tonnage (nrt) arrived in Hongkong in the last quarter of 1965, up 384 in number and 14 per cent in capacity over the same period in 1964, the Census and
      Reuter  -  173 words
    • PORTSIDES
      • 67 17 Reuter THE JAPANESE TRANSPORT Ministry said it issued shipbuilding permits in April for 11 ships totalling 219,290 gross tons, down from 17 ships and 636,681 tons in March and 33 ships and 490,600 tons a year earlier. Total January to April shipbuilding permits totalled 62 ships and
        Reuter  -  67 words
      • 108 17 AP THE UNITED STATES Customs service has tightened its dockside rules to prevent cheating on steel import quotas, and US-based agents for the world's steel exporters don't like the change. Customs officials announced last Friday that no longer would they rely on import documents as proof
        AP  -  108 words
    • 1188 18 TIME-CHARTER business remained the main centre of interest on the London shipping freights market on Wednesday with particular attention shown to vessels offering delivery in the Far EmU and Australia. Coal and Iron ore again made some showing but grain routes lacked sustained demand and the overall rate
      1,188 words
    • 1251 18 Seatrade A BIG SHIPPER moving goods on the major liner trades of the world can look at the general state of the market with considerable satisfaction. Overtonnaging and strong independent competition on many routes have driven rates to historically low levels. Conferences
      Seatrade  -  1,251 words
    • 155 18 Fairplay GARD PAI Club has cautioned its members to the ambiguous treatment of knock-for-knock clausei in some US states. Ia the latest edition of the Chib's magazine, Gard News, the dub recommends that any member wishing to enter into contracts containing knock-for-knock clausei should check
      Fairplay  -  155 words
    • 303 18 AP WAVES LIKE THE one generated by Wednesday's Alaskan earthquake can race across the ocean at hunfreds of miles per hour, then rise up as they near land to crush seaside communities. The waves, called "tsunamis" by scientists, have killed thousands of people over
      AP  -  303 words
    • 834 18 AB Shpg V 5 Accord Shpg VI 3 Afeo Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 4 Altos Line X 3 ANL 1 1/2 APC Line V 4 APL 1 2/3 ASCL 1 Boft-Conodo Line VI
      834 words
    • 227 19  -  -By Kingsley Wood AUSTRALIA has moved to make pilotage through the Barrier Reef compulsory for all cargo ships following the grounding late last month of a pilotless 78,000 dwt Indian carrier on Frederick's Reef 300 miles east of Mackay. While many ships do use a
      227 words
    • 508 19 AP IRANIAN WARPLANES on Wednesday raided the third Saudi Arabian tanker in a month in the southern sector of the Gulf waters, and the attack was the closest to the Straits of Hormuz, Gulf-based marine salvage executives reported. The tanker, the 144,264-gross ton AJ-Nisr Al-Arabi,
      AP  -  508 words
    • 345 19 longer than it does at present. Cargonews Asia THE NORWEGIAN Shipowners Association has proposed an experimental 10man crew which is aimea at saving an estimated US$4OO,OOO per ship each year. The scheme is Just one of several put forward to try to stop the flow
      longer than it does at present. — Cargonews Asia  -  345 words
    • 199 19 tonnes from 2.18 million in 1984. Seatrade Week SOUTH KOREAN shipowners are pushing their government to strengthen the current vrciiver system to ensure more cargo for Korean flag carriers. Owners have requested that the Korean Ports and Maritime Administration prevent Fednav's shipping
      tonnes from 2.18 million in 1984. — Seatrade Week  -  199 words
    • 215 19 AN INLAND port will be constructed at Nakhon Sawan to ease transportation of agricultural produce from the provinces to Bangkok via the Chao Ptaya River waterway. The project, funded by the World Bank, will include the construction of a cargo terminal,
      215 words
    • 3894 20 »BGmB 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. Advanced dates are published at
      3,894 words
    • 696 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Lompung ***** 09.5.86 1800 Heap Seng F7 0900-1000 N4 Prosetia 34/86 09.5.86 2000 A Perintis F1 1100-1200 L4 Y Prosperity 02/558 09.5.86 2200 Sunship F1 1300-1400 W3
      696 words
    • 556 25 AT CONVENTIONAL WHARVES Vend Barth Agent Arrivol Departure SWGl* Hoegh Mary U Bontong N Amersfoort QOanshan Tocho Moru Tongbaishan Equator 4 lw«h Lompung MueNhousen Ocean Pnma S'tHem Glory K35 K17 K33 KI2 K29 K16 K31 K23 K20 Kit A K28 K35 K27 Bousteod Harpers Eka Jaya Ned-EAC Y Fung Borneo
      556 words
  • Page 17 Advertisements
    • 822 17 Concise Comprehensive Contemporary —'at a" n«ws»g en, L— OOCL Orient Oveiqeas Cntaimn Line STRAITS f UROPt EXPRESS SERVICE 3/6 5/6 7/6 8/6 10/6 1/7 3/7 5/7 6/7 8/7 8/7 10/7 12/7 13/7 15/7 *Qosm( Tunes (S pore): Fa 14/5 0400 HRS La 13/5 1200 HRS •T/S KAO to ctwmct trunk
      822 words
    • 68 17 UMIIDB A BIG SHIPPER moving goods on the major liner trodes of the world can look at the general state of the market with considerable satisfaction. Pag« II IRANIAN WARPLANES on Wednesday raided the third Saudi Arabian tanker in o month in the southern sector of the Gulf waters. Pag«
      68 words
    • 861 17 The lirneNkmager Seminar For more details call *****00 MAERSK LINE Voy S" pore EXPORT TO USA. EUROPE. MIDDLE EAST. "Sepfoft Qoat Tan CT 12/5 1500 MB CFS 11/5 7300 MB C. I.' itnn I'SGul! US A'Urt,, C«-a,h Sappart ftoiai taws a 17/5 1500 MB CfS -11/5 2300 MB id* US
      861 words

  • Page 18 Advertisements
    • 228 18 l, FRANCIS LOH PEN 6 GUAM IC *****58 A, wish to inform all my associates, clients and friends that I have RESIGNED ON *MY ACCORD as manager of Management Pte. Ltd. /With effect from 3rd May 1986. YAMABHITA-SHINNIHON LINE TRAN6-PACFIC SERVICES irnnil 'tj ':i irat-'tH'Mrr rrmrr— narararT i TW rurm
      228 words
    • 172 18 Supercarrier Service (Ml). 1 tadm. CAMKAM Arata. Car km. Ptaprtaa Hrtta, SI Mas Best tare. Ctstrwv Fort Ff*w, taa» A Mre. tat Praw. Ni F report St Gaorjß GMrptom C HOI Pieto Uw. San tost. Pwrto Cartes. CrtiMi Mjr Sw Sj»w SloThorn. Tqoopipt. Sao Mm Sato. Venemeti Gearbulk t NEW
      172 words

  • Page 19 Advertisements
    • 983 19 The Straits Steamship Group STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Ports and Bangkok OCC Oversea# Containara Limited Ton amss m/ 5 j UTANO WW VJI 1 OSAKA BAT 44/4 I BREMEN EWRESS U/< I MMLOOH RAT IV* IK MNRJ M/ 4 t cm «edbhhm *n fiWurt ewress u/7 tqm
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    • 1158 19 BANGLADESH SHIPPING CORPORATION TENDER NO. 1 /BS/86 (Acquismon/Diapoeel Of VMMts) International Short Tandar Not lea For Acqulaltlon Of Saoond Hand Multipurpoaa Cargo Vaaaali Offers in hiwby Invltwl by BSC from shipy trdt/ihipbulidwi iQinti, owiwii brokwitef supply of second-hand (not more than 7 years otd on the data of opening of
      1,158 words

  • Page 20 Advertisements
    • 492 20 IjC Hapag-Lloyd TO CONTINENT/UK EXPORTS Hand haiiaje to Hand destinations in Eirope Sport PKetw|P«un( Itiioeißkao Genoa Hbwt Bhattn A'wtrp Bortrjm Kduncrs 14/5 >5/1 10/4 M« Ibduncn 11/5 20/5 22/5 17/4 11/8 2/7 25/S 22/4 m TOUNUS 24/® 24/6 24/4 VI 22/7 25/7 FROM N. CONTINENT &UK IMPORTS i i Agents
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    • 684 20 /XL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** I»3 I ASH RN CAR I INI R. IID Specialist in RO/RO Service Accepting heavy-lifts upto 80 K/Tons Sailings from Japan Vrori SRI MkCOT* V» sp*» Mttni Kudwif Port 9 Mi, fntcimmimim sued in
      684 words
    • 799 20 r EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) 2/4 3/4 5/4 t/i 4/4 14/4 12/S 15/4 ALSO ACCCPTMC CARGO TO 1) NOWtKJ. KWARK SAVAWUH BOSTON RMADELfMA. NORFOLK mlmncton Bermuda nc 2) ATLANTA. CMC AGO Of TWIT COKMBUS t OTIO MAJOR MC*OBMI on no rsn 27/5 21/5 14/4 2/1 3/C
      799 words
    • 222 20 US I NOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES '661 l I IRANIAN SERVICES Siifapore lMdta( tor 1 16/5 B ttta KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC SPORE PKebnf Loa** tar Oceana Courier 13/5 Wewak. Madanf. Lac, PHoresby, AJotau, Rabaul. Kieta. Honiara Kyowa Cosmos
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  • Page 21 Advertisements
    • 799 21 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE VBSSEL KOTA SING A MAJAPAMT GOWA JKT MY SIN 11/5 14/5 22/5 24/5 2t/5 6/6 6/6 11/6 HKQ KAO *TCH KEE BUS '**>* *MTC YOK KOB KEE 21/5 23/5 24/5 25/5 27/5 30/5
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    • 184 21 \2p. THONG SOON AGENCIES PTE. LTD. #09-07, Robina House. S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANQ SINGAPORE TO SARAWAK SX 14/86 SK 15/86 SS 10/86 SINGAPORE TO SABAH PORT SINGAPORE TO BRUNEI •EQUATOR V I Hi SINGAPORE TO BANGKOK With Reefer, FCL
      184 words
    • 666 21 BEN LINE CONTAINERS TO UK/CONTMENT 9/7 19/7 12/7 11/7 15/7 17/7 11/7 29/7 21/7 23/7 »/7 2S/7 2t/7 29/7 11/7 IKJJEBSEN LINE fc. NEW ZEALAND TO NEW ZEALAND, PAPUA NEW GUMEA AND SOUTH PACIFIC Nownta Ssva 8 6 11/( AscA/Tasr Napcr Timaru Buff 15/6 17/6 19/6 21/6 Sai I Hkj
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    • 557 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SMWOEIA INDONESIA P.T. TOKOM LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'port Bremen Adam/Rdam HW| IJ. BONTANG' VS-NB h Pt/K.33 Jl/$ 13/ C lt/t 'OCCAM P*W V4-NB 9/5 C/S 9/S 13/ C WSSEL' 12/5 11/S 13/6
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    • 409 21 BOUSTEAD SHIPPING AGENCIES r«» nrn Htawywa V2IIMT Paaii »5I» •SRtway *24 •tfedurp* (My (Burmese National Line) Loadnf for Ranfoon Sport Plata* Pen 11/11 HIT <P Mm|) 12/14 Nay (P. Ma*) IC/1I Hay 29/* May TAMAITAI SAMOA V 7 21/5 CLYDEBANK VI7N 13/6 IVYBAIK VI6M 26/6 16/6 30/6 20/6 9/7 12/7
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  • Page 22 Advertisements
    • 1203 22 USA CANADA c.«. PUB HE/0 nmoT m N JADE V 2 0 CHEF V4*/ll CORAL V 5 JL STAR V4S/0 COMMMO V 7 PACIFIC COAST K LINE KAWASAKI KISEN KAISHA, LTD. The World Service) PACIFIC SOUTH WEST MOTHER VSI T/S PORT LA/LB OAK fmini vsi sp pk pn sp l
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    • 760 22 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Contitrwra Feeder t Kelanj CAIABAR V 75 13 Mb* FSUCIIPPfR V 4 ?8 May CAIABAfi V 74 IS [sucimuvs i iwi f l«' VesselS pore Melt Frew Sydn Also Accepts 13 May MMOAS V2B 20 May 4 ton 13 km 11 Iwn Adc4/Brn 78
      760 words
    • 516 22 GOLDEN LINE GtMN GUAM SHPTWe (PTE) LTD 23. IM *r« IM mam» IIM TEL U4JMI (II UK) STRAITS/PERSIAN GULF SERVICE: GOLDEN HEAD Colombo Hwach. Otibn Ootu B*i*i 11/12 Mav ttXHN MAKE* Colombo Ufachi Bomtar Dub» CHMA OCEAN SUPPING CO.. PEKMG THE PEOPLE'S REPUBLIC OF CHMA 11/5 14/5 ltettortfam/HM**| KvacM SMhjk
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    • 428 22 INTRASEA (PTE) LTD 10 Anson Road »27 16 International P Singapore 0207 T«»l *****1 1(1 0 L>ncs( jrotatiA-u E <► BREAKBULK SERVICE TO EUROPE/UK PHILITRON SHIPPING AGENCIES PTE LTD Tfcl *****22 <8 LINES) TELEX RS ***** PHILI nedut ia t ra eta soma W* 11/5 nrvn/y yt 11/5. 11/5 12/
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  • Page 23 Advertisements
    • 600 23 NOL NEPTUNE ORIENT LINES LTD Ac (ftfo S port ICPTIW AGENCIS PTE. LTD. Tai Hi (Met Itnml CfS BOOKMCS *****77 FI EU/AUST TM/SU *****77 *****72 *****53 «OKCT 188 *****53 *****42 I. bin HAJWR MA SON. BH). **>« P KHjftj HARPED MtA SON. BH) ****** 3M5241 P. la,. HAHPE* NKA SON.
      600 words
    • 254 23 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD lo Port 22/5 11/5 FOR BOOKMGS ft ENQURES PLEASE CONTACT: SINGAPORE POUT KELANG SEAWARD SHPPMG ft TRAONG ORENTAL SHTPW CORPORATION CO. (S) PTE. LTD. TEL: Ki. *****6/*****4 1111. MTERNATIONAL PLAZA PORT KELANG *****1 ANSON ROAD. KUANTAN 095-*****3/4 SINGAPORE 0207 PAS* GUDANG *****H5
      254 words
    • 426 23 4 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BULDM6 55. Marfcet Street Sinfapore 0104 Telephone Numbers *****33 (15 Lines) Cable Address SINSOV SINGAPORE Tetei Numbers RS ***** RS ***** RS ***** P. KELANG PENANG IK* iTflkuVrMBtMS? IS T ANO M) FLOOR KSSRS HM THONG SMPPWG 127 Penanf Street, Penary
      426 words
    • 81 23 g K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somer»«t Road. #06-01 Ng Teo«* Olds S pore 0923 Tel 235 8444 (4 ne»( Port Ming Tig a Pm,> Shtpoinj Sdn Bhd Tel 03 iB<HV4 Penan* Malaysia Trar*e Transport. Itd Tel 04 6!?*<l_< Pas* GiVtang Malaysia Shipping Agennes
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  • Page 24 Advertisements
    • 403 24 f REGIONAL CONTAINER LINES TO BANGKOK (4 WEEKLY SAILINGS) 3ESI2 SEA OS A SON i ■<i >-?i ii Thu/Fri 115-16/5 Sat/Sun 117-11/5 1 SEA WAGON MY A BHUM SEA WAGON iwnium BCEZIEMI eihm b uai/u ttipm lEEIE2Z3 (J2521E223 |E2231E223 [E23 £221 lira 1C53E223 l«/ 5 20-21/5 Ttai/Fri 122-23/5 Sat/Sun 24-25/5
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  • Page 24 Miscellaneous
    • 169 24 m Regional Weather < N lS 1 I m 0^ S 1 > a e» w 5 U' SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed tn knots Wave height LEGEND R Thunderstorm C <*rectK>n with speed m knots y Shower Rain Wave height
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  • Page 25 Advertisements
    • 138 25 DIRECT TO CALCUTTA INDIAN FLAG MV NIRVAN VISHNU ETA 16/18 May MV NIRVAN RAHIM ETA 28/30 May Agents: Skippar Shipping Pta Ltd, PM: *****48 mimm FAR EAST EUROPE CONTAINER SERVICE 242M1t/2429tM/*****tt/2C3393 *****1/4 IBMML 3H3SI/2 *****2/*****3/C*****/5Z7293 *****3/*****5/*****1/*****0 22W1/2211M/*****5 11 ißirf' n—ti 1 imrw' irrniEgjEj|i2Mt3imMCTDMim I rra M [Jl GZM t'' M
      138 words
    • 89 25 RT. PEMNTIS LINES LIZENA PTE LTD T«fc TUtnr, ETA TFS 'NTFPNATIONAL TRANSOCEAN (Ml SDN. BHD TRANSOCEAN BONDFD 'RUCK SFRVICf iDetwFPn Singapore F. Pm.in ,j Kf > '!,<h 1 Daily CUSTOMS BONDED TRUCK Service between SINGAPORE and all FTZ ft LMW factories in the states of PENANG and KEDAH. Cargo accepted
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    • 348 25 VlrMl.'nl I Ij i AM IX: TAIWAN TO SINGAPORE I ASEAN WRECT WEEKLY TO PORT KELAN6/PENANG •AT ATTRACTIVE RATES* Ml 9/S -12/5 IBJTMII4I 11/ i 15/5 t SUTM *11 »-J7 19/5 21/5 B''j' «'ii:' J! "S»i PWP SHIPP'Ni; HI *****44 lIX ?J>QBS fOR TRANS SIRUf.FS TIX ***** Hi *****80 '538-12
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  • Page 26 Advertisements
    • 520 26 11l wmnrmii TO: EUROPE TG MAX STOW rttlMG PtNMC FOR lUMFA In Fart 12/13 Hit 11/14 Mar IVI4 M* W. RIM. WG. FM: EUROPE PtNANG FMLANC STOK ANCHAN ki Port Sd hW MHHM ?S Hit 27 Ma* 29 May BANGKOK FROM 11/15 M* MS. I 1 kM IK agents: Sunship
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    • 353 26 HEAP SENC TRUNK ft SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER BMGAPORE 071# TEL NO. *****44 (3 LINES) TLX NO. Rt ***** NEAPCO IlKi.lf.' aV 8* LCL/FCL TO NEW ZEALAND AUCK, WIG. N. PLYMOUTH, LYTITOH, NAPO Also accepts LCL/FCL to other destns FREKHT MANAGEMENT: SMGAFORE TEL *****11
      353 words
    • 673 26 C.Y. LINE (A M«mbtr Of Th» ACE Consortium) CHO YANG SHIPPING CO. LTD FIUV CONTMCMSCD SE»V>C£ TO EUtOK («W SUEZ) Irttam (tea lit*** HVq Br«» Kulwrrp w» vt j/t i/tv% i/( n/t ®2""LVL. jyj 1/1 ivt w/i cmm com«t« is* n/i it/t 17/ c u/i 7i/» 12/t m/j FW.LT CONTMNERBED
      673 words
    • 683 26 Everett Lines/ COMPAHA PERUANA DC VAPOREES (CJ».V.) "PERUVIAN STATE LINE" l<M*n( to< OMto Ma If jm Is and 4 oltw Pwninari ports ntti trmlapment On CPV Ihroufti B*s ot ladm( Is tiaal destitution Pcnanc* f K riant Off fflttTT 12/13 Hty MUWArfKWTT 24/25 May THOMSKKTT 4/7 J» EVERETT ORIENT UNE'
      683 words
    • 376 26 Z I M NON-CONFOOCE WWWI FULL CONTAMER SMC acc** FCL/ia carfwt ta USA Eaot ft Rtett Caatt. CarfcbaaUart Can* mi NMTI 1 135J0 wan lt vM A *SStl 31 S *nn 7 t.M M IMH 114 00 77.1 JO 74(00 m 10 IN 110J0 77 iOO NiM fA 30 0
      376 words