The Business Times, 21 May 1986

Total Pages: 26
1 26 The Business Times
  • 12 1 BUSINESS TIMES M.C. (P) No. 192/12/85 WEDNESDAY, MAY 21, 198« 75 CENTS
    12 words
  • 142 1 AFP JAPAN may establish an industrial centre in Thailand to manufacture products to be exported to other Asian countries, Thai deputy prime minister Sithi Sawetasila has said. Mr Sithi, who is also the foreign minister, said after meeting Japan's deputy foreign minister Shinichi Yanai in Bangkok
    AFP  -  142 words
  • 214 1 AP, Reuter THE UNITED STATES' gross national product (GNP) grew at a surprisingly strong annual rate of 3.7 per cent in the first three months of this year. The announcement of the increase by the Commerce Department yesterday caught analysts by
    AP,; Reuter  -  214 words
  • 503 1  -  Bid to help small enterprises upgrade through automation By BOEY KIT YIN SMALLER COMPANIES which want to grow through automating and upgrading their plants can now do so on easier terms from Robot Leasing and Consultancy Pte Ltd. The RLC has lowered the interest rate (or
    503 words
  • 417 1 BARELY TWO MONTHS after its US$3.3 billion order for 14 Boeing long-range jumbo jets, and options (or six more, Singapore Airlines has ordered two new Airbus Industrie aircraft with options for more. As part of its fleet expansion programme, the airline signed
    417 words
  • 150 1 Reuter ESCALATING ACTS of terrorism and retaliatory action have caused a significant drop in traffic for British Airways PLC. Chairman Lord King said in London yesterday that forward bookings were also down, with the cut in traffic coming primarily from the leisure markets and on
    Reuter  -  150 words
  • 73 1 Reuter INDONESIA yesterday said it would extend the international airport in Bali to cope with an expected tourist boon. Transportation Minister Roesmin Nurjadin said work on the US$l2O million scheme, partly financed by Japan's Overseas Economic Cooperation Fund, would start next year. Ngurah Rai Airport, used
    Reuter  -  73 words
  • 261 1 CONTINUED PROFIT-TAKING in recently-firm trustee bank and industrial stocks, coupled with early selling pressure on Malayan Banking, caused the stock market to finish slightly lower yesterday. Prices recovered from their morning lows following the heavy short-covering in Maybank in the afternoon. The Straits Times Industrial Index
    261 words
  • 427 1  -  By MONICA GWEE SCIENCE took a back seat to aggressive marketing when Col-gate-Palmolive launched its tartar control formula toothpaste formally yesterday. The market leader in the $15 million a year toothpaste market brought its launch forward in response to Procter k Gamble's
    427 words
  • 288 1  -  ®y ALVIN TAY TRADING in sterling futures will begin on the Stagaporc Interna tiooal Monetary within the next three months, to be followed by Swisi franc cootracts at a later date. Both will be traded under the mutual offset arrangement between
    288 words
  • Page 1 Advertisements
    • 156 1 Most widely used in Singapore. TAC Ma 331-64PM OciTvcom PTE LTD Tel 743 5555 Why tie up your capital? Rent special equipment from Thorn. 100" Panasonic Colour Video Projection System. $900/- per day. J Ideal for seminars. J If training classes Also available 45" BSy projection screen at $400/-daily Multiple
      156 words
    • 213 1 mi r f T *1 Making cents of history A report on the National Museum's bid to raise cash for culture, Page 8 wsm SHARE INFORMATION MONEY ft EXCHANGES RAW MATERIALS AIRCRAFT SCHEDULE CROSSWORDS TV ft RADIO OUR VIEW THE MILITARY ACTION in northern Sri Lanka against Tamil separatist guerillas
      213 words
    • 178 1 of Smcznitind t to So-*Ag«nt lahmiltaMlH Sngapow Fufl report, Pag* 13 Intl stocks, Pag* 10 Asian stocks, Ago 11 The Component Copier: it grows as you grow. That's Ricoh productivity. THE NEW This is the world's mos t advanced UUcUULfIJ component copying FTSOIO system. Features which are options on other
      178 words

  • HOME NEWS
    • 524 2  -  Modest growth in tourists from Japan in first quarter By JAIME LYE FEWER Japanese visited Singapore in March, reversing the strong growth recorded in the first two months of the year. Between January and February, Japanese tourists grew in number by 11.4 per
      524 words
    • 78 2 TELECOMS will introduce a number-to-number telephone service to the Republic of Liberia with effect from June 1. Currently, only a per-son-to-person telephone service is available to this destination. The charges for a number-to-number telephone call to Liberia are $19.50 for the first block of
      78 words
    • 191 2 MANSFIELD TRAVEL, a member of the Keppel Group, has been appointed an international associate of Ask Mr Foster (AMF). «AMF is a member of the Carlson Travel Group, North America's biggest travel organisation with revenue approaching US$2 billion this year. Following the affiliation,
      191 words
    • 175 2 MR SONNTE LIEN, the general manager of the Mandarin Singapore, was re-elected the president of the Singapore Hotel Association for a second term at the association's annual general meeting yesterday. Also re-elected were: Mr David Paulon, the managing director of Westin Plaza and
      175 words
    • 404 2  -  •y LIM SOON NEO STOPOVER HOLIDAYS are providing welcome business for Singapore's tourism industry as well as the airlines which are promoting the packages. Singapore Airlines, which launched its Singapore stopover holiday programme in the mid--*****, sells about 110,000 packages per year to tourists
      404 words
    • 193 2 A MARKETING seminar to help the tourist industry sell Singapore better is being organised by the Singapore Tourist Promotion Board. Starting today, the seminar will highlight various marketing techniques, including those used by other industries which can be adapted to
      193 words
    • 122 2 MOTORISTS were able to travel along Scotts Road again yesterday when a stretch leading from Cairnhill Road to the Goodwood Park Hotel was opened to traffic alter being closed for two days. On Sunday evening, traffic lanes leading from Newton Circus to Orchard Road were
      122 words
    • 333 3 AN ARCHITECT, two accountants, three engineers, a lawyer, two dentists and a doctor are among several professionals who will be explaining how computers have helped in their work later this year. They will be appearing in a two-day seminar and exhibition on "Productivity in Professional
      333 words
    • 418 3  -  NPB scheme produces results for plastic casing maker By MARTIN SOONG THE WORKERS at Fowseng Plastics received as much attention yesterday as the 120,000 pieces of plastic casings for television and radio sets they turn out each month. Fowseng, a subsidiary of Fowseng Furniture and Construction,
      418 words
    • 260 3 SINGAPORE companies can take advantage of a new computerised China Trade and Investment Directory launched by the National Australia Bank. The service, announced at the Third Annual China-Austra-lia Senior Executive Forum in Beijing, is designed to assist Chinese enterprises identify worldwide trade and
      260 words
    • 125 3 PRICES continued to fall for the third consecutive month in April. The consumer price index, an indicator of inflation, slipped 0.5 per cent in April over March. Compared with the same month a year ago, the CPI declined 1.4 per cent. Food prices
      125 words
    • 256 3 KORN/FERRY International, one of the world's leading executive search firms, will hold its first Asia-Pacific conference in Singapore on May 24 and 25. The regional conference on optimising the advantages of its regional network in client servicing will bring together top executives from the group's
      256 words
    • 93 3 THE TRADE Development Board has requested traders, cargo agents and freight forwarders to collect their processed Inward/Outward Declarations within one month from the date of submission. The processed declarations should be collected at lAE counter numbers 40-42 at the lAE office, World Trade
      93 words
    • 104 3 A BASIC COURSE on trade classification and documentation (or traders and cargo agents will be held by the Trade Development Board from July 21. The six-day course will cover documentation procedures involved in applying for trade and customs permits, the principles
      104 words
    • 163 3 THE EAST COAST waters are clean once again with the completion of mopping up work of oil slicks off East Coast Parkway. However, some scattered patches of oil, spilt by a sunken barge, were still found on a few isolated areas on the beaches.
      163 words
  • Page 2 Advertisements
    • 214 2 r*T] I LAN, ITALY 1 JVI I OR GIOVANNI, CENTREPOINT AT THE GIOVANNIMILAN FURNITURE FAIR. YOU'LL FIND POSSIBLY THE MOST IMPRESSIVE DISPLAY OF FINE ITALIAN FURNITURE AND ACCESSORIES EVER SEEN IN SINGAPORE. AT THE MOST ACCOMMODATING PRICES. BEFORE THIS YOU'VE HAD TO GO TO MILAN. THE GIOVANNI-MILAN 1 FURNITURE FAIR.
      214 words

  • Page 3 Advertisements
    • 129 3 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS Shouldn't the best steamboat be found by the seaside? Announcing, another delicious reason to visit our countryside cafe. Changi Village Steamboat. The latest addition to our ever-popular menu of local favourites. Remember when we introduced our fish head curry? Its fame spread to such far
      129 words
    • 208 3 g§j§i v-'- f jfjppw" Paradiz Centre. A 9-storey complex of modern offices and shops in a choice location just minutes to the banking and financial district of Shenton Way and a short walk to Orchard Road and the future Dhoby Ghaut MRT Station. Ample Carparks Professional Management by Developers 24-hour
      208 words

  • OVERSEAS
    • 332 4 FT A GROUP OF European countries has blocked the adoption of a revolutionary Japanese high-definition television system as the single world standard for the sharper, broader television pictures of the future. The system was backed by the US and Canada, but did not obtain
      FT  -  332 words
    • 203 4 AFP JAPAN'S economic expansion is slowing down mainly because of the yen's sharp rise and its impact on small- and mediumsized firms, a government report said yesterday. The Economic Planning Agency (EPA) said in its monthly report on the Japanese economy that
      AFP  -  203 words
    • 136 4 UPI WORK ON 106 large building projects has been slopped by the Chinese government following t decision to clamp down on runaway capital construction. The official Xinhua news agency said on Monday the "unauthorised" construction projects were started in the last quarter of 1985 and
      UPI  -  136 words
    • 748 4 ARRIVALS SIA UA StA SIA MAS SIA KAL MAS MAS SIA CPA RBA OA SIA SAS UB SIA SIA THAI MAS GIA CAL SIA SiA AY GIA OA SIA SIA SIA SIA SIA THAI MAS THAI CPA KLM GIA Al MAS SQI17 UA805 SQ4I SQ4I1 MH681 SQ47
      748 words
    • 422 5 Reuter SENIOR REAGAN administration officials have assailed a trade bill which is expected to be approved by the House of Representatives this week, calling it disastrous, a political move and likely to set back efforts to curb the big US trade deficit.
      Reuter  -  422 words
    • 289 5 Reuter THE US ARMY says it is ready to start making a chemical weapon that kills quickly and quietly with one short sniff, and yet overcomes the problem of how to handle and store such lethal products safely. Production
      Reuter  -  289 words
    • 233 5 AP PRIME MINISTER Robert Mugabe of Zimbabwe said on Monday that four suspects have been arrested in connection with South African raids on African National Congress targets in Harare, the capital. Mr Mugabe, speaking at a news conference called to denounce Monday's raids,
      AP  -  233 words
    • 521 5 Ceilings proposed for Third World loan payments AP A PLAN to cut debt payments of the Third World and increase its purchases from the United States and other industrial countries will be presented to the US Congress. John Kerry, a member of the
      AP  -  521 words
    • 181 5 AP CUBA'S communist government has halted its experiment with capitalism, Havana radio reported on Monday. "The peasant free market will pass without glory, leaving behind a great lesson, many damages and millionaires," President Fidel Castro was quoted as saying. A report on Radio Reloj
      AP  -  181 words
    • 348 5 Reuter BRAZIL, which is holding a meeting to set up a preferential trading system among developing countries, has accused industrialised nations of deliberately hindering progress in trade relations between rich and poor countries. Foreign Minister Roberto Abreu Sodre said on Monday that protectionist policies which disregarded
      Reuter  -  348 words
  • Page 4 Advertisements
    • 236 4 ■:< r -v t m WVt ♦Cr 5=0,8®" pfftXlW fl PI ir rry -r 5-* v k PnrtecOonare you getttyyoffmers worth May? Take a second look at your security system. Because chances are you can well afford better protection and more peace of mind with APRO. APRO is a security
      236 words
    • 165 4 I I II \I I If II I Every Tuesdoy, Thursday, Saturday and I 1 VI I yl II Sunday. Leaving Changi Airport at I VyJL 22:05 hours and arriving at Heathrow at 07:05 hours the following morning. Call Air Canada at *****55 or your TrovelA9en AIR CANADA 0 One
      165 words

  • Page 5 Advertisements
    • 18 5 J -s\( ao* M d^ eS a\o° '^SsSr^r^^-' e^ es ar» l6l,c leisW*><* eD to Ij£|i <: fz*.&: \k
      18 words
    • 314 5 Only the very dedicated CAN MAKE HISTORY. s Royal Oak, extra-thin, water-resistant to 50 meters. BA *****/677 8A—5516,750 (Ladies) SA *****/477 SA —Si 9, JOO (Gents) In 1909, Ettore Bu- went beyond anything Today, the proud gatti built the first four- that had been seen before owner of a Royal
      314 words
  • Page 5 Miscellaneous
    • 46 5 Doonesbury 1 m rrr. 1 m l K i ,V //./jk. you mm a joe, <%£££"* voute CVZFYONZ;.. fOtGCMBH UHBRtiOU CAMZ FFOM, MAN! BY GARRY TRUDEAU: ponTplay blacker-than-THOU MTH M 5, FWSNP! I qu UA6 BLACK B&O&VOU j£u? umj HH pPBN&* VMBSCHANGe. IQKMJUP. r.r» 7 V A
      46 words

  • TRAINING & DEVELOPMENT
    • 589 6  -  By JUNE LIM IN RESPONSE TO the transport industry's demand for trained personnel, the Singapore Polytechnic will introduce a new course leading to a Diploma in Business and Communications (Transport Distribution) in the new academic term. The three-year course, which deals with multi-modal
      589 words
    • 173 6 VIEWS on security and control problems in microcomputers, electronic banking and data communications are to be shared by about 150 specialists when they meet for a regional conference here in September. Other issues such as software copyright and protection will also discussed at the conference, held by
      173 words
    • 355 6  -  By MARTIN SOONG FOUR THOUSAND engineers and technicians are expected to be enrolled in the Economic Development Board's (EDB) part-time and refresher training courses by 1968, including possibly classes in artificial intelligence (AI). This was disclosed in the latest issue of Productivity
      355 words
    • 153 6 INTERNATIONAL terrorism, democracy and Third World development are some of the issues that Hongkongßank has decided to underwrite. But not directly, of course. The bank is covering the cost of sending Howard G Richards, a firstyear Arts student at the National University of Singapore,
      153 words
    • 616 6 Seminars and r Cahners Tel: *****13 J Exposition Tbc RS ***** courses V. Fax *****66 DURATION TITLE VENUE ORGANISER TELEPHONE Jun 2-5 Speaking for Success SIM Conference Singapore *****66 Room Institute of Management Jon 2-6 Advanced Petroleum Port of Singapore Port of Smgapore *****11 Tanker Safety Authority Authority
      616 words
  • Page 6 Advertisements
    • 207 6 HAT CAN YOU FIND J IN A 15,000 SQ FT SHOWROOM IN THE MIDDLE OF ORCHARD ROAD AT THIS TIME OF YEAR? THE VERY LATEST SELECTION OF FINE ITALIAN FURNITURE AND LIGHTING YET TO BE SEEN IN SINGAPORE. DIRECT FROM MILAN. AT THE MOST ACCOMMODATING PRICES. THE GIOVANNI-MILAN fl FURNITURE
      207 words
    • 84 6 The People Solution Your electrician has taken a long vacation Your draughtswoman is on maternity leave Your welder is hospitalised You need an Engineer desperately What do you do 0 Skilltek 1 We have the available specialists for on a temporary, short or long term basis We also offer full
      84 words
    • 44 6 Business Centre &ExceUence Lounge Managed by Skilltek We have fully automated office machines for executives Telefax Personal Computers. Word Processors, among others Our multi-lingual and high-calibre secretaries are trained to work with professionals At the Business Centre we make your business a pleasure iJbj
      44 words

  • RAW MATERIALS
    • 286 7 SINGAPORE The market closed slightly higher yesterday with June One RSS buyers quoted at 169.50 cents a kg, up 0.50 cent from Monday. Prices were little changed in very quiet morning trading due to 'lack of interest. The market remained little changed in early afternoon trading but recovered slightly
      286 words
    • 315 7 RAS prices in S cents/kg, FOB in boles NOON CLOSE Buyers Sellers Buyers Sellers Int 1 RSS Prompt 170 50 171 50N 171 00 172 00N tnt I RSS June 86 169 00 169 50 169 50 170 50 Int 1 RSS July 86 169 00 169
      315 words
    • 94 7 (cents/kg, 1-ton pollets) jy JULY 86 (current month) (forword month) NOON NOON RAS Buyers Buyers Sellers SSR 20 159 00 161.00N 159.50 161 50N SSR 50 156 00 158 00N 156.50 158 50N MRELB Buyers Sellers Buyers Sellers SMR CV ***** 215 00N 214 00 216 00N
      94 words
    • 96 7 Chinese Produce Exchange Sellers' noon doting prices on May 20 (SJ/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 61 00 New drum FOB 65.00 Copra Mixed (loose) 26 buyers Pepper Muntok White FOB NLW 1065.00 Sarawak White FOB foq NLW 1050 00 Sarawak special black
      96 words
    • 155 7 TIN on the Koala Lumpur Tin Market dropped a cent yesterday to M 113.99 a kg from Monday la continued Inactive trading. Yesterday's price dipped below the $14-level for the first time since the KLTM resumed trading on Feb 3, after a three-month closure dne to the world
      155 words
    • 666 7 COFFEE Robusta futures shook off the heavy weight of largely technical selling in New York on Monday afternoon to end a quiet day with pared losses from last Friday night of £46 to £32 a tonne, mostly off the lows of a maximum £46 traded range. At the
      666 words
    • 183 7 MALAYSIAN crude palm oil prices closed slightly higher yesterday on light covering interest, supported by a late rise in palm oil futures and a steadier Chicago soyoil futures close on Monday night. Trading was again very light as operators remained sidelined and cautious amid continued lack of fresh
      183 words
    • 66 7 Bangkok Broken Rice 115 (USS/tonne, FOB) A-l Super A-l Speciol 112 White Rice C-l Speciol C-l Ord unq unq 100% 1st doss 100% 2nd doss 240 215 Loonzoin Rice 100% 3rd doss 210 100% 1st grade unq 5% 10% 200 195 100% 2nd grade 100% 3rd grade 210 unq
      66 words
    • 219 7 SOYBEAN FUTURES on the Chicago Board of Trade recovered late in the session on Monday and closed from \V* US cents per bushel higher to IVi cents lower. Prices fell early in the session on selling related to beneficial growing weather in the mid-western states, where plentiful rain was
      219 words
    • 252 7 WHEAT FUTURES on the Chicago Board of Trade closed lower on Monday in new crop months and firm in old crop, with spot May five US cents higher at $3.38 and other months off two to four cents. Plentiful weekend rains in the parched south-east and in the great
      252 words
  • Page 7 Advertisements
    • 227 7 I SLI rr~l F YOU WANT TO I 1 IGO TO MILAN. TAKE THE LIFT UP TO THE 6TH FLOOR AT CENTREPOINT. AT THE GIOVANNIMILAN FURNITURE FAIR. YOU'LL FIND THE VERY LATEST SELECTION OF FINE ITALIAN FURNITURE AND LIGHTING YET TO BE SEEN IN SINGAPORE. AT THE MOST ACCOMMODATING PRICES.
      227 words
    • 0 7 )-*?,(`[_?\-);:<)";{}}/"~*'.;'`
      0 words

  • FEATURES
    • 533 8 IF ETHNICITY has always been a subject for the devil's law-and-order department, it now seems to be firmly in the hands of his political officers. Sri Lanka's ethnic strife, whatever its roots in the amoral wilderness of history, is now, of course, a question of shooting
      533 words
    • 1303 8  -  Tonight, the National Museum will be crammed with 500 partying bond dealers and their wives. This is just one way of making the museum pay for itself. MARTIN SOONG reports on the drive to raise cash for culture. MARTIN SOONG EXPLORING CULTURE and history costs money
      1,303 words
    • 695 8  -  By FLORA LEWIS NYT JAPAN is the first underdeveloped country to vault the dividing line and to confront suddenly the problems of wealth. That is provoking a fascinating self-reexami-nation, particularly within the rising power structure. These are mostly men between 40 and 50 years
      NYT  -  695 words
  • Page 8 Advertisements
    • 285 8 M onagers ust anage BT shows you how every Monday. Under the current difficult economic conditions, the business arena has become a fierce battleground. Where survival is the name of the game. And it's the survival of only the fittest. lower overheads, higher pro ductivi tyHow? Firstly, CI r*[" get
      285 words
    • 43 8 pn lOVANNI-MILAN 1 FURNITURE FAIR NO DISCOUNTS NO OFFERS NO FRILLS JUST THE BEST SELECTION OF FINE ITALIAN FURNITURE AND LIGHTING EVER SEEN IN SINGAPORE. DIRECT FROM MILAN. AT THE MOST ACCOMMODATING PRICES. THE GIOVANNI-MILAN I FURNITURE FAIR W MAY 24 |UNE 24
      43 words
  • Page 8 Miscellaneous
    • 625 8 aaasaamD CRYPTIC PUZZLE ACROSS Turf displaced by a little girl, about four (5) Snag leading to dismissal? (5) 9 Is sour, possibly upset and in grave disarray (7) 10 Be obbged to a Pole for the port (5) 11 Something groovy among firearms (5) 12 Was inquisitive when forced (5)
      625 words

  • SPORTS
    • 543 9 Reuter WEST GERMAN teenager Steffi Graf achieved a stunning victory over world No 1 Martina Navratilova on Monday to confirm her arrival at the summit of women's tennis. The 16-year-old Graf needed just 65 minutes to beat Navratilova 6-2, 6-3, her first ever win
      Reuter  -  543 words
    • 179 9 AFP WORLD NUMBER ONE Ivan Lendl will be the top seed at the French Open, which starts in Paris on Monday, with Mats Wilander, the world number two who beat Lendl in last year's final, seeded second. The seedings go in accordance
      AFP  -  179 words
    • 427 9 AFP lAN BOTHAM has been thrown out of England's team for the two one-day internationals against India next Bank Holiday weekend after admitting that he once smoked cannabis. The English Test and County Cricket Board (TCCB) decided on Monday not to let him represent England
      AFP  -  427 words
    • 417 9  -  By WALTON MORAIS SWEEPING CHANGES are impending for the Singapore Professional Golfers' Association following the change of leadership at the recent annual general meeting. They include a constitutional reform, stringent rules on teaching pros and a rethink on nonprofessional life members. The new plans
      417 words
    • 284 9 AP WEST GERMAN coach Franz Beckenbauer said the team he brought to Mexico on Monday afternoon has struggled but is a strong squad that is ready for the World Cup tournament. "We are not coming here to be world champions, but of course we
      AP  -  284 words
    • 316 9 AP FORMER heavyweight champion Larry Holmes told a New Jersey legislative committee on Monday that boxing should be better regulated to protect the health and financial interests of fighters. Holmes, who lost a split decision to Michael Spinks in an April 19 International Boxing Federation title
      AP  -  316 words
    • 112 9 Reuter POLISHED half centuries by Mohammed Azharuddin and West Indian Gordon Greenidge failed to make up for lost time and India's rain-hit match against Hampshire was drawn on Monday. Azharuddin scored an unbeaten 55, his third half century in four tour innings, and Hampshire opener
      Reuter  -  112 words
    • 106 9 Reuter WORLD CUP FINALIST Belgium was given a Jolt less 48 hours before its departure-tor the Mexico finals when it suffered a 3-1 trouncing by Yugoslavia on Monday. Manager Guy Thijs's hopes of leaving in style were left» in tatters after the Yugoslavs fired three first-half goals, and
      Reuter  -  106 words
  • Page 9 Advertisements
    • 100 9 Keep a date with Sevvy Ballesteros the Sevvy Way BT is not all hard core business and financial news. We take "Time-Off and "Sports" rather seriously too. Our writers comb the sporting arena to furnish two lively pages with the latest sports, leisure and arts news for the well-informed professional.
      100 words
  • Page 9 Miscellaneous
    • 1280 9 w qhd mm I&1 APPLAUSE Gershwin Festival: Funny Face 9.00pm, Channel 12 A sprightly musical starring Fred Astaire as a fashion magazine photographer in Paris who turns a girl working in a bookstore (played by Audrey Hepburn, left) into a high-fashion model. ALL THE WORLD'S A STAGE Makers of Magic
      1,280 words
    • 2 9 BnStcW: Faar&liciene
      2 words

  • INTERNATIONAL STOCKS
    • 581 10 UPI UNITED PRESS International will regain more than US$l million in annual revenues from the sale of its electronic data base under a settlement involving rival bidders. The multi-party settlement also calls for the immediate withdrawal of several suits, some of which
      UPI  -  581 words
    • 180 10 Reuter SPERRY CORP has rejected a US$4.6 billion takeover offer from Burroughs Corp and has broken off merger talks between the two big computer companies. Sperry said in a statement released on Monday that Burroughs had displayed "bad faith" during weekend negotiations by
      Reuter  -  180 words
    • 94 10 Reuter THE BANK of England says the sale of the core businesses of Johnson Matthey Bankers Ltd to Westpac Banking Corp has been completed and the company has begun trading as Mase Westpac Ltd. Last month, it said it would sell JMB's bullion,
      Reuter  -  94 words
    • 369 10 Reuter WALL STREET stocks closed mostly lower on Monday in one of the lightest trading days of the year. Traders pointed to a lack of interest in which even arbitrageurs, who often thrive as the rumour mill churns on slow days, were
      Reuter  -  369 words
    • 632 10 MAY 19 0S$ Alton AJurrwi Alcoo AWg Irrtt AJkd Sag Afcad Stores Afts-Chalmars Am Brandt Inc Am Can Co Am Cyanamid Am EWc Pwr Am Exprass Am Horn* Prod Am Moton Cp Am Tal Tal Amax Inc Amcrodo H«« Amoco Corp Amr Corp A/mco Inc Asorco Inc AH
      632 words
    • 230 10 AP THOUSANDS of flight attendants have called off a nine-week-old strike against Trans World Airlines in hopes of forcing the airline to recall them, but the company says the strikers are no longer needed. "Less than 200 vacancies exist for these people to come back to,"
      AP  -  230 words
    • 190 10 MAY 1* RaW Un StMl 67 •3 WooMru 1475 inch MDUSTKIAU A Afcho 1000 An0ot MMNGS 4300 A»o 1175 *****6 unch 505 1700 4-30 A/i£c 4300 BuHafc 7100 4-50 Bortows 1690 5 1200 C G Smith 2800 -50 Com Gold 2300 CNA 240 ♦10 1000 490 2465 4-15 Drm
      190 words
    • 97 10 MAY l« u* Am Got IMVKl +0600 Bow 09 fiat Ord 825 ***** 78 1200 Hi Prt* 17 VI Katcamanti Ord Mogrwti M W Mtfcfc— 3540 ♦120 ***** -f 1400 5500 499 TOOrmn J r\ 'VKXKJOOOn rTW MarMw<t»an ***** 9500 3989 1000 -520 -510 Ofrv«m Ord Ofc*«tti Prt* *****
      97 words
  • Page 10 Advertisements
    • 620 10 i 9 dlm nni ir Cf% MAY Mama Mia! It's time for macaroni, spaghetti, lasagna, tortellini and many other pasta delights. With a choice of wines by the glass to perfectly complement your selection. A Cafe Vienna Supplement I a GOUf SEAF< WQRTI ET King Prawn ravioie Seaha.vs stewed with
      620 words
    • 144 10 London stocks on Pogo 14 t TtT73 i Coupe Romanoff -$7.00 ':\Yi I Pancake h\\'i I < 1 Fondue $5.50 h\\\ I Marshmallow f. <:\7l Charlotte $3.50 That's not all! Come on over and enjoy the largest selection of strawberry creations ever. All prices subject to 10% service charge and
      144 words

  • ASIAN STOCKS
    • 359 11 HONGKONG: Share prices closed firmer, largely on a technical rebound in thin trading following its steep {all yesterday. The Hang Seng Index ended 12.25 points higher at 1,777.27 after Monday's loss of more than 22 points. The Hongkong Index gained 7.50 to 1,105.97. Brokers said American and local institutions
      359 words
    • 228 11 MAY 20 AI Sinew* Mm Alio CfTxfrt KT$ 116 24 30 ■*■004 inch Kotn Kuochan D*v Lm Chang Yuan Cham Indus 27 20 2030 25 60 unch unch 0 1 Cathay Com M40 0 1 **1111 Chang Hwa Bank 43 20 0.1 Pacific Cons 1990 -01 CNo Hun Cimtfrt
      228 words
    • 413 11 TOKYO: Share prices yesterday closed slightly lower after fluctuating in a narrow range due to worries over the yen's future, higher interest rates and firmer crude oil prices. The market average lost 7.55 to close at 15,689.98. Turnover was 300 million shares against 270 million the day before when
      413 words
    • 69 11 MAY 20 Mantel O*ntot 6 0012 -0003 Ac Of* Miring Phi Ovmwi 0 016 unch Anglo Phi Phfex B 0 1750 -0 005 Ap«x Miring B 0013 unch 14 Picoo B PLDT 77 -1 Boquk> Gold 000) •0 0004 San Afrgual B 41 ifich B«ngu«t Con. B 112 unch
      69 words
    • 313 11 SYDNEY: Australian share markets closed sharply easier yesterday as sentiment turned bearish and investors sold off stocks across the board. The All Ordinaries Index fell 21.7 to 1176.2, the All Industrials Index 36.6 to 1910.4, the All Resources Index 10.6 to 621.0 and The Gold Index 14.7 to 835.4.
      313 words
    • 65 11 MAY 20 Won Hyundai Const Hyuota Motor 916 1295 13 903 700 I kal 1170 18 650 5 707 -3 unch .1 2501 17 541 Korea Sh*> 435 •3 961 46 •14 1130 +10 1275 1160 30 491 4 2140 +10 Gold Star 1398 28 1030 28 HaralBk 709
      65 words
    • 141 11 BANGKOK: The Securities Exchange of Thailand Index yesterday fell 0.06 point to 129.79. Turnover was 119,380 shares valued at 14.8 million baht. MAY 20 Ao Khom Thai Ana F txt Bafctl Sarrmuk S«am CmmarM Sam Oatm Sam Oan 382 463 UMP -2 i*xh Ayutttyo hrtvMtmartt... Bangkok A.gro-tnd 26 50
      141 words
    • 54 11 Reuter CONSTRUCTION work on the Garden Hotel in Shanghai has begun, said a spokesman for Japan's Nomura Securities Co Ltd, which is financing the project. The China Daily newspaper said yesterday that Nomura was in charge of building the 280 million-yuan hotel in collaboration with
      Reuter  -  54 words
    • 441 11 Reuter THE PHILIPPINE Presidential Commission on Good Government has sequestered 33.1 million shares of San Miguel Corp which it suspects are owned by a close associate of deposed president Ferdinand Marcos. Commissioner Ramon Diaz told reporters yesterday that the order to seize the shares
      Reuter  -  441 words
    • 132 11 Reuter BRITISH CALEDONIAN Airways Ltd is not discussing a possible link-up with Cathay Pacific Airways Ltd and a spokesman said that he doubted whether talks would take place. Commenting on press reports of a possible merger, the spokesman said in London, "They seem to
      Reuter  -  132 words
    • 203 11 Reuter WING ON BANK LTD lost HKJ282.2 million in calendar 1965 mainly due to provisions for doubtful debts, many of them to director Albert Kwok, according to a document setting out plans for the bank's reconstruction. The late Mr Kwok borrowed 171.96
      Reuter  -  203 words
    • 68 11 UPI TOYOTA MOTOR CORP said yesterday its production affiliate in Portugal will soon start producing four-wheel-drive cars for export. The car would be produced by Salvador Caetano, Toyota said. It will be mounted with an engine produced by Stabilimenti Meccaroci VM of Italy. Salvador
      UPI  -  68 words
  • Page 11 Advertisements
    • 538 11 ma/ZSS. gm SB SSIE* n*pfmm ii=P For a Rsranakan Buffet Lunch so good,even Nonyas feel at home. For over a decade we've been known for Peranakan Buffet lunches with a home-cooked flavour. You too can enjoy the pleasure daily, for only Ssl4.oo++ per person. The Luna Coffee House, Apollo Singapore.
      538 words
    • 110 11 V -TT after yv: 2 Live Bands Nightly! spm -1 am (Monday Friday Sunday) spm 2am (Sat eve of public holiday) HAPPY HOURS spm 7pm (Daily) It's a real happy time! Just buy a drink and get the second FREE (except premium brands) BQIMm Well known band CAIRNHILL TRIO with
      110 words

  • BANKING AND FINANCE
    • 429 12  -  By ALVIN TAY TWO FOREIGN BANKS have been given the green light to set up offshore branches in Singapore. Rabobank Nederland (Cooperatieve Centrale Raiffei-sen-Boerenleenbank) and Credit Commercial de France have been granted licences by the Monetary Authority of Singapore to do so.
      429 words
    • 432 12 Reuter JAPAN'S Finance Ministry will soot introduce new capital adequacy guidelines for financial institutions in the country to take account of the recent liberalisation of financial markets. Ministry sources said yesterday that banks would be given five years to build up their capital
      Reuter  -  432 words
    • 149 12 AP INTEREST RATES on many Japanese bank accounts were reduced on Monday to their lowest levels since World War 11, with regular savings accounts now paying only 0.38 per cent a year, down from the previous 0.5 per cent. The interest rate for one-year
      AP  -  149 words
    • 295 12 AFP CHANCES OF A CUT in US interest rates, which seemed a real possibility after the recent Tokyo economic summit, appear to have faded as the Federal Reserve system's chief policymaking body is expected by analysts to maintain its credit policies. The
      AFP  -  295 words
    • 220 12 LEE EK TIENG, permanent secretary (Ministry of Finance), has replaced Mr J Y M Pillay as the deputy chairman of the Board of Commissioners of Currency Singapore. According to the latest issue of the government gazette, Mr Lee's appointment took effect on
      220 words
    • 362 12 FT CHINA International Trust and Investment Corporation (Citic), the Beijing-linked financial group that agreed in January to rescue Ka Wah Bank in Hongkong, has undertaken to secure the collectability of the bank's loan portfolio. Bad and doubtful loans are thought to amount to
      FT  -  362 words
    • 185 12 Reuter BRAZIL'S central bank governor Fernao Bracher said his country has no plans to seek new market financing to meet its debt obligations. Mr Bracher, addressing the annual meeting of the Bankers' Association for Foreign Trade on the state of his country's heavily
      Reuter  -  185 words
  • MONEY AND EXCHANGES
    • 473 12 SINGAPORE The US dollar closed higher yesterday against major European currencies but lower against the yen. Most operators were reluctant to take large positions because of uncertainty over the dollar's near-term direction and ahead of the release of US first-quarter GNP. The dollar closed firmer at 2.2110/20 marks
      473 words
    • 232 12 Interbank rates at 3pm yesterday: Md Offer c roe* parity change Local dollars to on* unit of foreign currency: US dolor 2 2280 ***** 2.8196 -20 98 Sterling pound 3 3798 3 3836 7 3469 -54 00 Australian dollar 1 6153 1 6182 ***** -52 89 NZ dollar
      232 words
    • 352 12 BA Futures EURODOLLAR futures gapped down at yesterday's Simex opening. The September contract opened two ticks lower than CME's low at 92.78 but lack of fol-low-through saw prices inching back up to CME's closing level at 92.81. Currency futures opened lower as expectation of the US economy firming and
      BA Futures  -  352 words
    • Article, Illustration
      249 12 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels in quiet afternoon trading yesterday. News that the Fed had entered the securities market to arrange US$2.5 billion of customer repurchase agreements had little impact on rates. Mutes the averafe of the pnme Mh( rates ef 12 majer b«iu
      249 words
    • 296 12 HONGKONG: The metal closed marginally higher in quiet trading yesterday on short-cover-ing and some fresh demand from local investors. Bullion closed at U*****.50/340.80 an ounce after it opened unchanged from New York's close of $340.00/50. On the local market, gold closed at HK53,167.00 per tael, down $14 from its
      296 words
    • 123 12 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/8 point from Monday to close at 51/8 per cent yesterday. The one-month term rate rose by 1/16 point while the two and threemonth rates remained unchanged. S$ Interbank rates at 7pm yesterday: Otto M Overnight 5
      123 words
  • Page 12 Advertisements
    • 80 12 1 <■- > *y- O. m ir musical dynamos from the Philippines are now making waves at the Cathay Restaurant You'll like what you hear, and hear what you like The soothing, satin sounds that distinguishes Cathay as the Chinese restaurant with the international supperclub ambtence Come experience this wonderful
      80 words
    • 357 12 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP. 185 PURSUANT TO SECTION 29<X2Xb) AND IN THE MATTER OF Maximilllan Enterprises Pie Ltd At an Extraordinary General Meeting of the above named Company duly convened and held at 6001 Beach Road. *12-01 12-11 Golden Mile Tower, Singapore 0719, on Tuesday
      357 words

  • SHARE INFORMATION
    • 3986 13 BUYING SUPPORT in the late afternoon reversed the slide in share prices caused by the technical correction. As a result, share prices rebounded slightly from their day's lows yesterday. The market yesterday morning was also affected by the intense selling pressure on Malayan
      3,986 words
    • 221 13 SINGAPORE Rim* d trr- s? :r rest M T f 36 +3* (T06/0S 133 M K— ImmiOt 81 +3 IT CADI -734] 740; H Tai-Paa 65 +3 tTOCV -*****3 -732! G«Hi>i 364 +2 ST ladartnab 593.67 590 1' Nw to 204 +2 ST F«m 2026 49 20IS
      221 words
    • 2377 13 SECTION ONE INDUSTRIAL COMMERCIAL Aon (0.9280.935) (I)0.94(6) 0 93* (2) 0.93 (6) 093 (17) 0 92*4 CD Akcom (0 495) (1) 0.47 Aawl Stool 50« (0.578 0 59*S) (1) 0.60 (7) 0.59* (I) 0 59*4 (9) 0.59 AT 22« (1 578 1 60S) (I) 1.60
      2,377 words
    • 118 13 HONGKONG Hong Kong Index Tuesday 1105 97 Monday 1098 47 Week ago II22 45 Hong Seng Index Tuesday 1777.27 Monday 1765 02 Week ago 1803.73 TOKYO Nikkei Average Tuesday ***** 98 Monday ***** 53 Week ago ***** 26 TSE Index Tuesday 1235 63 Monday 1237 11 Week ago
      118 words
    • 266 13 Monogors' pnccs for Moy 21 Singapore Unit Trust The Commerce 0 73 0.77* The Sovtoys Fund 0 63 0.68 S'porc Prog Fund 0 31 0.33 S'porc See Fund 0 52 0 56 S'porc Invest Fund 0 47 0.51 S'porc Equity Fund 0 36 0 38 Asia Unit Trust
      266 words

  • COMPANY NEWS
    • 541 14 Sun Hung Kai makes hold/buy recommendation tfaaja NATIONAL IRON A Steel Mills should see a sharp improvement in its earnings in the next two years because of the sizeable savings it will enjoy from the government's fiscal incentives. In recommending a hold/buy on this
      Source: SHK Research  -  541 words
    • 761 14 Reuter EQUITY PRICES extended Monday 's advance in (airly quiet trading yesterday. Dealers said there was raawed speculation of a near-term cut in die IOVi per cent UK base lending rales la the light of the higher oil price and firmer ■i ■!> ii sterling. At 0815 GMT,
      Reuter  -  761 words
    • 311 14 MBT SEVERAL top management officials of the United Asian Bank (UAB) in Malaysia have been suspended for exceeding their authority and for possible involvement in foreign exchange transactions that may lead to losses running into millions of ringgit. It is learnt the officials were
      MBT  -  311 words
    • 303 14 MBT THE Kuala Lumpur Stock Exchange (KLSE) Is seeking essential information from its membets in connection with the impiwMßtntkni of the real-time price rtinwmlnitlon system. Hie KLSE will be Introducing and implementing the real-time price rtlf minitfcw system by the end of the
      MBT  -  303 words
    • 210 14 MBT THE $100 million Labuan water supply project which Promet had hoped it would win, was up for public tender after all Long before the decision to throw open the project to public tender, Promet had submitted a comprehensive plan involving the pumping
      MBT  -  210 words
    • 2239 14 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (3.1 OS) AMD (3 20S) Alcorn (0 556
      2,239 words
    • 273 14 LAST FULL YEAR f nmf IMI) r VflOa DM* Y«or Net EPS Grw Net kact for •tiding (c*rt») *v profit ($W» Mutpho Intl Interim Aug 24 DK 85 3.0 738L S J Amol Interim DM 19 Mar 86 7.3 520 f •lotigi Bhd Intarim DK 27 Mar 86
      273 words
    • 261 14 LJM KAE NOAM Uarfted: 23rd AGM at Hotel Equatorial, 2nd Floor, Bougainvillia Room, 429, Bukit Timah Road, Singapore 1025 today at 10am. BATA (MALAYSIA) Berhad: 30th AGM at Petaling Room, Kelab Sultan Alam Shah, Shah Alam, Selangor, tomorrow at 11.30am. KECK 8ENO (Malaysia) Beekai: 16th AGM at the
      261 words
    • 436 14 SHARE PRICES fell under selling pressure on the Kuala Lumpur stock market yesterday as investors kept to the sidelines for most of the day. Even speculative stocks, which attracted attention the day before, did not fare well and closed in minus territory. However, losses
      436 words
    • 229 14 MALAYAN CEMENT and Melewar Corp have become Jointventure partners in the acquisition of a company involved in the planting and marketing of fruit crops. The two listed companies have also agreed to undertake investments Jointly or engage in any business that
      229 words
    • 677 15 u mm™ By HOCK LOCK SIEW JACK CHIA and his group have a knack for making unexpected moves. Last week, the Australian associate, Jack Chia (Australia) Ltd, surprised the market when it launched an AslB-million hid for proper-ty-based Long Corporation Ltd.
      By HOCK LOCK SIEW  -  677 words
    • 331 15  -  By AMY CHEOK MALAYSIAN property company Renong Bhd, whose ownership could possibly pass to Singaporean Lim Kiap Khee, has emerged as a new substantial shareholder of Intra Optics, a publicly listed Australian company. Renong acquired a near 10 per cent stake in
      331 words
    • 129 15 WITH LESS than a week to its final closing date on May 26, the Hongkong k Kowloon Wharf k. Godown Company Ltd has secured an addition of Just 58,000 shares or 0.05 per cent of Hotel Marco Polo. This, together with its
      129 words
    • 213 15 A HUGE extraordinary gain of M 532.25 million proved to be the only saving grace for Batu Kawan Bhd which has decided to maintain its interim dividend payout at 5 per cent gross. The plantation company yesterday reported a doubling of its group attributable
      213 words
    • 201 15 AMBASSADOR HOTEL Ltd and Gin Gin Pte Ltd have agreed to rescind a joint venture agreement to take over the agencies and trading activities of Gin Gin with China. As part of the joint venture agreement, a new company, Ambassador Gin Gin Impex Pte Ltd, was formed in
      201 words
    • 378 15  -  Bank seeks to recover $922,000 in credit extended By HOMER CHEN UNITED OVERSEAS BANK Ltd has filed a suit against cashstrapped Wannian Holdings Ltd, the company which has made no secret of its financial difficulties. On April 26 this year, UOB filed suit through its lawyers,
      378 words
    • 382 15 MBT THE Kuala Lumpur Stock Exchange is taking steps to expedite the much talked about corpora tisation of stock broking firms, a move which it hopes will help to revitalise the stock market. It is understood that the KLSE has now
      MBT  -  382 words
    • 84 15 MAGNUM CORPORATION, the four-digit gambling operator, suffered a 26 per cent fall in pre-tax profits to M 542.2 million in the year to end-December on a turnover of MJ7BI million, down 10 per cent on the previous year. Profits after tax were nearly 20 per cent lower at $18.3
      84 words
  • Page 14 Advertisements
    • 108 14 Technology m Future Bank Paperless Collections: Automating Documentary Credit Functions June 5-6, Singapore Automation of Export Credit: Mr Graham Sylvester-Evans, Manager, Documentary Credits Department of Midland Bank, London, will present this case study on his bank's progress in this area. During the past 9 years, Midland Bank's International Division has
      108 words

  • Page 15 Advertisements
    • 802 15 I THE ROYAL BANK OF CANADA FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31, 1985 •X--A 0m In Canada. Antigua. Argentina. Bahamas. Barbados. Belize Brazil. Cayman Islands. China People s Republic of, Commonwealth of Dominica. Hong Kong. Italy. Japan. Repubfcc of Korea. Mexico. Montsenat. Panama. Puerto Rico. St. Kins.
      802 words

  • 449 16  -  By MARTIN SOONG PRICES are being slashed at the National Productivity Board. Seeking to boost industrial training, the board has announced cuts of up to 50 per cent in the fees for the 60 or so courses it runs. Announcing these
    449 words
  • 494 16  -  By JEFFREY TSANG A MAJOR JAPANESE chemical manufacturer has set up a research arm in Singapore and is exploring the possibility of investing another $5 million or so in a factory in the next two years. Takasago Far East, a subsidiary of Takasago
    494 words
  • 338 16 Reuter, AFP SRI LANKA yesterday said that a military sweep through the Tamil separatist stronghold of the Jaffna peninsula was a success and showed that guerillas could not run the region as they liked. In a speech to Parliament shortly after troops had
    Reuter,; AFP  -  338 words
  • 377 16  -  By BRIAN GOMEZ THE MINI-CRISIS in AustraliaIndonesia ties appears to have cooled following the four-day visit by the Australian Minister for Immigration and Ethnic Affairs, Mr Chris Hurford. Talks held by Mr Hurford with four Indonesian Ministers centred mainly on refugee issues.
    377 words
  • 188 16 Reuter US COMMERCE SECRETARY Malcolm Baldrige has urged Congress to put limits on damages awarded in product liability suits in order to reverse sharp increases for business insurance rates. "We are in a deep crisis now," Mr Baldrige told the Senate Commerce Committee yesterday.
    Reuter  -  188 words
  • 141 16 NYT THE BOY SCOUTS of America will impose a US$2O fee on every boy scout troop and cub scout pack in the country to help pay liability insurance costs. Officials of the organisation said in Washington on Monday that the fee is the first
    NYT  -  141 words
  • 103 16 UPI CHINESE LEADER Deng Xiaoping doubts the Soviet Union is flexible enough to carry out Chinese-style economic refrains. He acknowledged yesterday that Beijing might fall short of its goal of quadrupling per capita income by the year 2000. In talks with visiting Australian Prime
    UPI  -  103 words
  • 117 16 AP THE US reserves the right to use its Europe-based forces elsewhere, without necessarily obtaining approval of the countries where they are stationed. Assistant Defence Secretary Richard Perle said in Washington yesterday: "We have never waived our right to move our forces around as
    AP  -  117 words
  • 86 16 FT ABOUT 325 million tourists went abroad last year, according to estimates published by the Work) Tourism Organisation in Zurich. This marks an increase of about 4 per cent over 1984. The group said income from tourism also went up by about
    FT  -  86 words
  • 190 16 AP A 30-YEAR LOAN at two per cent interest by the US government's Export-Import Bank has helped a US firm outbid French and Japanese competitors for a contract in the West African republic of Gabon. Repayment of the US$B.4 million loan to Gabon
    AP  -  190 words
  • 59 16 COMEX GOLD FUTURES steadied on shortcovering yesterday after dropping to fourweek lows in the morning on leftover selling. Gold for delivery in June traded down to U*****.00 an ounce which penetrated the overnight low of $340.70 before coming back to $339.40. Analysts said the metal was pressured by
    59 words
  • 66 16 Reuter WALL STREET stocks edged lower yesterday, as the market continued to suffer from a lack of interest. Stocks hovered in a small range, underpinned by an early drop in oil futures. A stronger-than-expected rise in first quarter GNP raised rate concerns. The Dow Jones Industrial Average
    Reuter  -  66 words
  • LATE FILE
    • 43 16 UPI PRICES of North Sea crude oil have continued their steady climb with Brent, Britain's key traded crude, selling early yesterday at US$l5.lO a barrel (or June loading compared with US$lO at the start of the month. UPI
      UPI  -  43 words
    • 49 16 UPI BEIJING will invest US$l2O million in the construction of an Australian aluminium plant in Australia, making it China's largest overseas investment. Chinese Premier Zhao Ziyang and visiting Australian Prime Minister Bob Hawke witnessed the signing of an agreement in Beijing yesterday. UPI
      UPI  -  49 words
    • 48 16 UPI BEIJING and Lisbon wffl begin talks on the traiMfer of to niinwM rule nwt month. Western analysts say the «txwM be considerably smoother than those over the future over Hongkong, since the issue of sovereignty has already been settled. UPI
      UPI  -  48 words
    • 40 16 Reuter THE RAND was battered on the foreign exchange market yesterday, falling to 4150 US cents from 45 US cents at Monday's dose, as dealers feared international sanctions over Pretoria's raids on three African countries.
      Reuter  -  40 words
    • 52 16 AP ISRAELI Foreign Minister Yitzhak Shamir has asked the visiting president of the West German parliament in Jerusalem to help prevent a meeting between the president of the EC and Yasser Arafat of the Palestine Liberation Organisation, saying the meeting would be a blow to Arab
      AP  -  52 words
  • Page 16 Advertisements
    • 142 16 Computer Charting Service for Local Stock Market Analysis iom "the major brokerage firms, banks •Point A Figure Charts Bar Charts* Call 254-7712 and ask for Eric or Boa? and diversified institutions in subscn- Overbought I Oversold Indicator for a personalised hands-on demonstrate to the most advanced Computer Moving Averages simple,
      142 words
    • 2 16 L«ad*r, Pagt
      2 words
    • 127 16 Owner Credit POSB has a brand-new loan scheme to help more Singaporeans own their home: Now. if you're buying your first private home, you can get a five-year interest concession of I A%. You II pay only 7W% for a loan up to ten years or just 7V* for a
      127 words
  • Page 16 Miscellaneous
    • 55 16 Outlook for today: Foir, oxcopt for showors in o fow ortot in tho Report for 24 hours prior to 7.30pm on Moy 20 ot Hm airport: Maximum tomporoturo 33.0 assoootm nutmairy oj Minimum tomporoturo 26.6 Awofiolol humidity 89 Hours of sunshino 10.55 Rainfall m miJlunotros M Rainfall this month 100.4
      55 words

  • SHIPPING TIMES
    • 306 17 A LEADING Scandinavian shipbroker forecasts that no more deepsea roll-on/roll-off vessels will be built as liner operators switch permanently to container ships to meet their needs. Mr Sven-Olov Brax, managing director of Brax Shipping, highlighted four main reasons for the
      306 words
    • 377 17  -  By JUNE LIM ATTEMPTS TO stabilise rates in the Far East-Middle East trade have been thrown offbalance as carriers scramble for a share of shipment to the Gulf region. Members of the Japan Persian Gulf Conference (Jappercon) have abandoned
      377 words
    • 282 17 Reuter PLANS to add 200 berths, including 120 deepwater ones, to China's main 14 coastal ports in the next five years should provisionally solve chronic congestion problems, Chinese Communications Minister Qian Yongchang said. Qian said by 1990 these ports should have
      Reuter  -  282 words
    • 160 17 HONDA MOTOR Co Ltd will use a ship built for Central Gulf Lanes Inc to transport completed cars to the United States in its first such use of US-flag carriers. The agreement calls for the New Orleans Shipping Company to transport 25,000 to
      160 words
    • PORTSIDES
      • 99 17 AFP MOST SPANISH docks were idle on Monday on the second day of a 10-day strike by dock workers to protest a government privatisation plan for the sector. The stoppage was reported to have affected all ports, except those in Aviles, Pasajes and Coruna. Strikers are
        AFP  -  99 words
      • 68 17 Reuter THE BAY OF BENGAL/Japan/Bay of Bengal Conference has reduced the bunker surcharges on shipments to Burma to 18.3 per cent from 23.8 per cent, effective May 19. The bunker surcharges on shipments to Bangladesh have also been reduced to 17.2 per cent from 22.4 per cent
        Reuter  -  68 words
    • 1283 18 THE Freight market on Monday was featured by a decline in the rate for grain from the US Gulf to Japan with about US$9 paid against $9.50 previously, shipbrokers said. Bulk com from one or two ports US Gulf to Egypt paid $12.96 while $13.50 was agreed for
      1,283 words
    • 910 18 Fairplay "RATES ARE IJKF a pudding if you push in a finger on one side, it pushes out on the other". Gerard Verhaar, secretary general of the European Shippers' Councils has, in recent years become known as something of a "hammer" of the conferences,
      Fairplay  -  910 words
    • 423 18 Reuter IRANIAN MISSILE attacks on Saudi Arabian tankers in the Gulf early this month contributed to a steep drop in the Kingdom's oil exports, oil and shipping sources said. Saudi output was at three million barrels per day
      Reuter  -  423 words
    • 360 18 NYT A TWO-MASTED schooner that was to accompany the first tall ships into New York harbour on the Fourth of July sank last week in the Atlantic Ocean 300 miles north of Puerto Rico after a tornado-like wind toppled the vessel and tossed
      NYT  -  360 words
    • 835 18 AB Shpg V 5 Accord Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Arrow Lines X 4 Atlas Line X 3 ANL I 1/2 APC Line V 4 APL 111 2/3 ASCL 111 1 Bait-Canada Line
      835 words
    • 76 18 THE ROYAL Dutch/Shell group is expected to further reduce its fleet because of continuing losses from shipping operations. At the end of last year, its fleet consisted of 93 tankers, 10 bulk carriers and nine gas carriers, which totalled more than 10.5 million dwt. Shell
      76 words
    • 201 19 THE PORT OF Miami is increasingly gaining importance as a transhipment nub (or Latin America, Europe and the Far East. Its continuing port expansion has created the facilities required by container ships plying worldwide, and the stronger US dollar vis-a-vis weak Latin American economies
      201 words
    • 593 19 AFP THE RECENT COLLAPSE in international oil prices has triggered a spurt in tanker demand but has brought some suppliers of offshore prospecting equipment to the point of bankruptcy. Tanker brokers have said the mini-boom has gotten to the stage where
      AFP  -  593 words
    • 724 19 AFP SHIPBROKERS were able to raise their nominal quotations on several key routes on the freight market over the past week, although the volume of confirmed business at improved levels was thin. Japanese charterers, who were active in coal, ore and time-charter sectors, were obliged to pay US$9.5O/tonne
      AFP  -  724 words
    • 187 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.
      187 words
    • 94 19 AMERICAN President Lines will be increasing its trans-Pacific container service to Okinawa to a fortnightly frequency next month. Cargo from Calif ornian ports will be accepted for the destination. The President Truman, shuttling between Kobe and Guam, makes the change possible by adding
      94 words
    • 4079 20 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 a
      4,079 words
    • 734 25 CONTAINER TERMINAL **1« RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy date/time Operator cargo schedule Location Kabirdas 28 21 5.86 1600 R Jumabhoy Fl 0700-0800 P5 CR Tokyo 4W 21.5.86 2000 Optorg Fl 1000-1100/1100-1200 F3PG3 RR Ratna 63N 21.5 86
      734 words
    • 436 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Dunhuang K35 Y Fung alongside 21 5/0600 Equator 4 K22 Thong Soon alongside 21 5/0300 Kota Segor K30 PtL alongside 21.5/0600 S'thern Glory K27 S'pore Shp alongside 21.5/1100 Woh Foi KI9 Sin Chiao alongside 21.5/2300 Gold Mountain K27
      436 words
  • Page 17 Advertisements
    • 663 17 ('I iambi i s t ;>1 OOCL OiycNT OvtHjtAS Co*tcum\ Line STRAITS EUROPL EXPRESS SERVICE lARDM SHPTMC AGfHCfS (ttf. Na 242*4/ OCR) 70 Shenton Way #04-03 Marina House Singapore 0207 Tet *****11 TELEX NO SS ***** CFS OFFICE TPC #***** TH *****31 and *****32 Terminal office TPC #***** Td *****90/*****93/*****01
      663 words
    • 73 17 [KMDB IRANIAN MISSILE attacks on Saudi Arabian tankers in the Gulf early this month contributed to a steep drop in oil exports. P«g« II THE RECENT COLLAPSE in international oil prices has triggered a spurt in tanker demand but has brought some suppliers of offshore equipment to the point of
      73 words
    • 1001 17 The Time Manager Seminar For more details call *****00 MAERSK LINE FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS •Tilwin Ctoata Tarn •CT 20/5 1500 MB CFS 25/5 2300 MB 28/4 30/4 sn in 12/7 14/7 19/7 21/7 26/7 28/7 2/1 4/S BY SI
      1,001 words

  • Page 18 Advertisements
    • 369 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Faadar at Kao Pacific North Wast Fsadar at Kao Atlantic/Canada Faadar at Koba iil irri'-'i FTT*F77TM I Ml 1 i rr* Firm m n nrs etm iih i-j/h i i nnzuLMJ-iIIL'JLJMCTiI'; l"' for USA Ports. 'Portland via Soattto MIDDLE EAST Full
      369 words
    • 171 18 Supercarrier Service TO: CALIFORNIA PANAMA 21/ C 2S/C a/« t/7 11/7 17/7 »/7 2/1 Mm Kcaptai c*Mn Mm (HI). I Franco. (Mai Stoctton atf San Dtp w I A«*rv CWnta ru Sarti TO: CARIBBEAN nm 33 CAMKAN Anita. Curacao. Bridgetown Ph*pst*irg Port of Spam Hamilton Umptofl St Mm. Basse Terr*
      171 words

  • Page 19 Advertisements
    • 595 19 Mansfield Container Shipping PteLtd The Straits Steamship Group S STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Overseas Containers Limited :oNT*|ff RSHIP SfRVICF TO UK CONTINENT 11/* 11/1 IV* 17/1 u/t n/t m/i a/i a/i M/t mi hp nn 11/7 13/7 17/7 U/7 a/7 a/7 a/7 a/7 tZ/t
      595 words
    • 493 19 Franco Belgian Services I r• t ,~l Ir.r.h r» ,!h if;,.in lir h rn in. (MEMBER OF ACE CONSORTIUM] CHARGEURS HAVRAISE \'FDE\ LIME S'pn fJWf nam MM* 7 km II la 11 tm 11 tm km 1 M I M 11 w 71 Ihy 31 Mr 12 km 14 la
      493 words

  • Page 20 Advertisements
    • 507 20 KjS.LINE FULLY CONTAINERISED SERVICE OMA CONIMDt 35* ci rims m FROM EUROPE VIA SUEZ Member ol the Ace Consortium CONVENTIONAL SERVICE TO IRAN/PERSIAN GULF WORLD ARGUS ACI2 LOADING FOR DUBAI. DAMMM. KUWAIT AGENTS: CROWN MARINE CO (PTE) LTD TEL: *****88 (9 Linaa) SUB-AGENTS: Kuala Lumpur *****88/Panang Tal: *****0 ESPRIT SHIPPING
      507 words
    • 719 20 OL Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Lines) TLX RS ***** RS ***** K. I \SI 1 RN CAR I INI R. I I 1). SPECIALIST IN RO-R0 HEAVY LIFTS SERVICES liaa'i'i.'iii FROM JftPftN S par* r Ketone Rudw* N*n SERI ROCH *44 25 May 27 May
      719 words
    • 981 20 iJ EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GUW EVER GOVERN Even glory eve* aned EVER GOOOS EVER GRAN) EVER lEVEI sgp hkg ksg IK w oa no 23/5 26/5 27/5 25/5 1/6 3/6 4/6 30/5 2/6 3/6 5/t V 6 10/6 U/t 5/C 5/6 10/6 12/6 15/6
      981 words

  • Page 21 Advertisements
    • 544 21 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. 03-00 Singapore 0106 Tel: *****33 FAR EAST CONTAINER SERVICE INDONESIA CONTAINER SERVICE SEA OLORY SEA QLORY VESSEL SEA VICTORY SEA HAWK KOTA SINOi VOV SIN JKT PJQ mm 2s/s 27/5 20/5 31/5 7/S 0/0 14/0 1M JAKARTA/PAMJAMQ/PALENMAMO SURABAYA/ SEMARANG/BELAWAH BANGKOK CONTAINER
      544 words
    • 116 21 \4>\ THONG SOON V AGENCIES PTE. LTD. #09-07. Robina House, S pore 0106 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG I SINGAPORE TO SARAWAK •EQUAKM I SX 16/86 •EQUATOR SX 17/86 JENSOH SS 10/86 24 May 26 May Kuching 31 May 2 Jin Kuchmg 19
      116 words
    • 747 21 I BENLINE CONTAINERS Or UMwn «/7 Fruthrl Eiptu 11/7 TMto fiprni U/7 Ouutn bM bM Ran|a Ham bM bW •ma* Eiprns SjM SjM U/« 12/1 14/1 1V( 17/4 17/4 iv* m\ 21/4 tv* a/4 25/4 a/4 a/4 M/ 4 1/7 1/7 4/7 1/7 »/7 l|/7 U/7 11/7 15/7 17/7 11/7
      747 words
    • 392 21 DJASAQETRI A Joint Europe S«rvta® Of: F.T. fcMKMTA LLVTB P.T. KSBH LLIYI P.T. SMNKM HNEM F.T. TMKNA LLIYI EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pm Caw Mm l« Hmi* Mn/MnKto| CMC* BHMTT VIMM 2-4/8 3/7 11/7 13/7 15/7 11/7 21/7 tpm mm Mm/MM tatai/tama HATMU«r Vl5-NB 29-22/8 15/7 19/7
      392 words
    • 339 21 BOUSTEAD SHIPPING AGENCIES pa-ar mm SJTTIHY V 24 muni tm KTomnA mm I»acfar*| (My V* BURMA FIVE STAR (Burmese National Line) Loadhf for Ranfoon S'pn Plata* Pom* Bm| 21/22 Mr •20/29 nay 21/27 Iky 4/5 Im 10/12 tm I/O BANK LINE HOP TWO—) TO IMC TMMfTJU SAMOA ¥7 CLYDEBANK ¥17N
      339 words

  • Page 22 Advertisements
    • 1185 22 K LINE USA CANADA *Tl«mC COAST fßound The World Sorvico) Sj KAWASAKI KISEN KAISHA, LTD. 1 N JADE *2 0. MMSTUt *25 0. KMGHT *27 N. GARNET *4 STORE 28 May 9 Jun 21 Jun 1 Jul LB 26 lun 5 Jul 15 Jul 26 Jul cms 8 Jul 17
      1,185 words
    • 812 22 rsr AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Mll»( I liner Vessel CAIABAR »26 17 lun ESTECIIPPER V 5 IU 'net Vessel Sport Metb Frem MMIOAS V? 8 21 Md, 5 ton 14 lun RAMOAS V 23 1? tan 27 ton 7 M CHANMWS V2O 21 ton 13 M 21
      812 words
    • 706 22 GOLDEN LINE GUAM GUAN SHPPMG (PTE) LID 21. M hyti Sb**t snurai oiM m smjmi <11 tHS) STRAITS/PERSIAN GULF SERVICE: 60UW HAVE* Colombo Mrjcl* Bomb»» Dub* 34/31 CHINA OCEAN SWUNG CO., PEKMG THE PEOPLE'S REPUBLIC OF CMNA SEN-CONTAMER/CONVEIITIOIALB DIM Saied ki Part Rotterdam/HandMr| NJMNG 19/5 24/5 Rotterdam/Hartwi MALAYSIA/ARABIAN CMLF COMTAWER
      706 words
    • 390 22 f INTRASEA (PTE) LTOI UH 10 Anson Roatf »27 16 p aza Singapore 0207 Tel *****11 10 Lines) Tj <► BREAKBULK SERVICE TO EUROPE/UK P PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LiNES) TELE* RS ***** PHILI MERIT ia I ra mboiuut rati N/S. M/S, 7/t IS/i. U/4. 21/
      390 words

  • Page 23 Advertisements
    • 718 23 NOL NEPTUNE ORIENT LINES LTD Agtnli Spart NEPTUNE AGfNCES PTE. LTD. T«l No ortkt Itnmal CFS BOOKMCS 271*77 FE EU/AUST TPA/SEA 27R9977 *****2? *****53 OH DMCT IMS *****53 ******2 I Baku HARPER NKA SON. BHD. **100 P Ktlang HARPER NKA SON BHD *****01 *tt?4l P la T a HARPER MRU
      718 words
    • 379 23 HEUNG-A SHIPPING Korean Flag Vessels DO* AM SEMI-CONTAINERISED DIRECT SERVICE TO: P KEI ANG. PENANG. BUSAN. INCHON WIS t litem Hi t Om/HSN *> I Daum/tMN lb 7 Dmm/<OSN *> Onan/MM P(WI *l.» NTS MPTUNF AGINCIFS PTf 1 ID TH ?7«9577 ?;g-)414 ???75!0 (Operations) ?.V?4B 7 ??09?84 (Iffiranalt ??0?4S0 ??0?S04
      379 words
    • 695 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Telephone Numbers *****33 (15 Lines) Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** p kelang ram* M/S SHARKAT WAH SOON SON. BHD. IST ANO 2NO FLOOR *SSRS MM noc wnc i»7 p
      695 words
    • 122 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE LTD. 37 Somerset Roed #0«-01, Ng Teow V»iee Bldfl S pore 0923 Tel 235 5444 (4 tines) Poft Mang Ttga Pku Shipping Sdn 3hd T?t 03 3890 '3 S Penartj Malaysia Trjrtr 4 !ransp<w' ltd Toi 04 6P893 Pasir Gudang Malaysian
      122 words

  • Page 24 Advertisements
    • 346 24 f REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) TO SOUTH THAILAND f. Vvj grri FT3TTTI flFl rrm mm m MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY TO PJCELANG/FORTIIGHTLY TO BELAWAN ml nrrr raroiM Mm xcqrtinf LCI (kwriepmenl and locai) tar PK/PNG BENGAL BAY CONTAINER FEEDER WEEKLY TO CALCUTTA/CHALNA/CHITTAGONG
      346 words
  • Page 24 Miscellaneous
    • 185 24 Regional Weather I t, &V Wi 4 W v R A 2? I SVS; r ft a >S 27 ihS SjK J C«-,' >> s > N> 3t« <3 LL*£ Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thunderstorm Temperature c V Shower Weather Wind direction
      185 words

  • Page 25 Advertisements
    • 141 25 OCEAN BRIDGE SHIPPING PTY LTD, FREMANTLE REGULAR SAILING TO FREMANTLE IN mill COAST ETA IVC fTD 17/S SINGAPORE/CALCUTTA IN DOTW MAI" ETA »/S fTD 1/1 General Agents Imkov Shipping Co Pto Ltd. 1» Ceci Shet #14-02. Ceci Com, S pare 01N let 22X272 Tetei Ho RS »?3* MKOV MBC MENCCS
      141 words
    • 189 25 e*«*6ss c s e*!l cE f corf ETD Sparc 2S/5 TFS LINE INTERNATIONAL NVOCC operator TRANSOCEAN (M) SDN. BHD 62, Weld Quay (2nd tlr I ***** Penary-Tfi 6 ***** *****5 Tlx MA***** TFSPG Fa« No 04 *****5 TRANSOCEAN BONDED TRUCK SERVICE fbetween Singapore Penang/Kedah) Daily CUSTOMS BONDED TRUCK Service between
      189 words
    • 487 25 GLORY NAVIGATION GROUP REGULAR LINER SERViCr TAIWAN TO SMGAPORE t ASEAN DIRECT WEEKLY TO PORT KELANG/PENAN6 •XT ATTRACTIVE RATES* 6 VESSELS Of LOG CMUHERS 5 VESSELS OF BMW NEW TWM DECKERS ON REGULAR UNER SERVICE FROM TAIWAN TO SMGAPORE AND W. MALAYSIA BULK CARGO FROM TO TAIWAN, HONGKONG AND THAI
      487 words

  • Page 26 Advertisements
    • 532 26 {(\mnmm £E?.sRST TO: EUROPE IG. MM STORE PKEIANG PINANG FOR KANNRIAR 11/12 kn 13/14 k» 15/U 17/11 lun IK. IT*. *6 BHVN ANT m EUROPE POMNG PIWANG SPORE BANGKOK FROM UNBAR X M»T 27 H>r 13/14 lw 1 ka* «C. BHVK, HUU tiTMN 12/13 Im 14/15 kn 14/17 km 11/23
      532 words
    • 334 26 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22 (3 LINES) TLX NO. R8 ***** HEAPCO FULL COOT MO SERVICE TO POUT K TRAVERWAY ftgft MARITIME LTD MONTHLY CONVENTIONAL SERVICE f S'PORE Loading for FAMAGUSTA/BEIRUT/ k RIX 1/7 TRIPOLI (LEBANON)/ LATT
      334 words
    • 694 26 C.Y. LINE (A Mtmbcr Of The ACE Consortium) CHO YANG SHIPPING CO. LTD fuuy comucnsED service io euhope im sue;) S pore LtHarx (dam fdtmt H>f| Bf*m An«»«rp CR TOKYO 4N kn 9/t 10/t 12/ C 14/6 15/J W/« CMM COmA*! 3MI 28/5 16/6 17/6 19/6 21/6 22/6 24/6 C
      694 words
    • 965 26 Everett UnesTl COMPANIA PERUANA DE VAPOREES (Cf.V.) "PERUVIAN STATE LINE" toadmf lot CaKao Malar an »o and ad otter Permnan ports with tianjJupment at Kobe On CPV Ihroufti EWh ot I adm( to Imal destination Penanf* P. Kcftanc Saifapore MURMTEVWETT 29/30 Ma; THOMASfWEHTT 1/9 lun HUOfttRETT 21/23 km EVERETT ORIENT
      965 words
    • 309 26 ZIM NON CONFERENCE RBEPENDENT FULL CONTMO SOMCE xcfN Fa/ia cargoes to USA Cast I Rtatt Coast, CuijfctwXwt CwWi mi HOT ram «i I HESSEI Mi* *ssa 31 s A. VESSEL 7.1* 1 WSSEI 151 M JtiM 10 7* 13 7 15 7* 17 7* N(« It)* 117* 117* 17.7* Ml*
      309 words