The Business Times, 23 May 1986
1986-05-23
1
22
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The Business Times
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Title Section12 1986-05-23 1 BUSINESS TIMES M.C. (P) No. 192/12/85 FRIDAY, MAY 23, IMC 75 CENTS12 words
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475 1986-05-23 1 LOH HUI YIN - Plan to produce TV tubes stretched to three phases By LOH HUI YIN IT IS NOW certain that the $178 million investment by Asahi Glass to manufacture colour TV glass tubes in Singapore will go ahead with some modifications. Mr T Terakado, the475 words
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Article, Illustration390 1986-05-23 1 DAVID GABRIEL - By DAVID GABRIEL THE DECLINE of the loan market in Singapore has led to the need (or new avenues of growth in the financial sector, which is why the government plans to inject life into the bond market, Dr Richard Hu390 words
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77 1986-05-23 1 UPI NEW ZEALAND Attorney General Geoffrey Palmer yesterday sought details fromthe American ambassador of reports that the US National Security Council was leading a public relations campaign in New Zealand against the Labour government's anti-nuclear policies. Mr Palmer, currently Acting Prime Minister while DavidUPI - 77 words
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Article, Illustration416 1986-05-23 1 ANNA TEO - By ANNA TEO MOUNT ELIZABETH Hospital plans to build a cancer centre, the first of its kind in Southeast Asia, under a programme to provide up-to-date cancer treatment and for doctors, a link-up with the latest developments in the field. Plans for416 words
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Article, Illustration91 1986-05-23 1 811 ABE PRICES edged higher jesteaday la spite sf the lack sf significant fsUew-threagh sappert aad the preseam sf prsfittakers. Interest In trastee steeks was Mgh la early trading. Tetal taraever Improved slightly te Ml mlUisa aalts tram Wedaeeday's 1M mlUisa as rtoes tsek a IS te SC91 words
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135 1986-05-23 1 AFP INDONESIA is considering the use of international trading houses to boost trade with East European countries and China, as it lacks experience in countertrade, Indonesia's Chamber of Commerce and Industry (Kadin) chairman said yesterday. Sukamdani Gitosarjono, speaking to journalists after re- >AFP - 135 words
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Article69 1986-05-23 1 Reuter THE WEST GERMAN economy has seen a weak start to 1966 but prospects remain good for the gross national product to expand by a real 3.5 per cent this year after 2.4 per cent in 1985, the German Savings Bank Association said.Reuter - 69 words
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449 1986-05-23 1 Reuter SOUTH KOREA'S nomadic construction men, facing payments problems with West Asian clients hit by the oil price slump and the US-led economic quarantine of Libya, are urgently seeking new overseas markets. Cheaper oil has generally given a huge fillip to theReuter - 449 words
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Page 1 Advertisements
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Advertisement152 1986-05-23 1 Nikon THE WORLD'S FINEST PHOTOGRAPHIC SYSTEM iLFJ Smoked Sichuan Duck (Boneless) Another Specialty only from Dragon City. Discover some of the finest Sichuan and seafood dishes at Dragon City. Experience the warm and attentive K* service, so reminiscent of traditional W Chinese hospitality and respect, tt Amidst rich and elaborate152 words
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Advertisement247 1986-05-23 1 Now regulations for old, Pago 5 mn OUR VIEW TRAINING BUDGETS ore the most vulnerable victims in any cost cutting programme. Small- and medium-size companies may say that simple survival arithmetics takes precedence over long range benefits. But hardly a day passes without mention of price adjustments to smooth the247 words
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Advertisement127 1986-05-23 1 e MINOLTA EP3SOZ Banking Finance '86 BT's definitive annual review of the sector appears on May 28. To find out what is happening in Singapore's developing financial markets, order your copy now. {>:\{/+:~`<=!)?)[]%+>"!_.@{.~+* You pay less < asa "Fust-Home Owner" Credit POSB has a brand-new loan scheme to help more127 words
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HOME NEWS
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495 1986-05-23 2 ANNA TEO - By ANNA TEO POOR PROFITS and depressed prices over the last year have not stalled Demetron Pte Ltd's expansion plans. By July, the German printed circuit board (PCB) maker will have pumped in another $6 million to increase capacity by 50 per cent. Gearing for495 words
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Article188 1986-05-23 2 MOST PEOPLE who visit a travel agency usually want to get out of the country. So it is unusual that the people who sign up for one of the Newsman Coach Tours' latest packages are holidaying in Singapore instead. "It is very saleable", said a188 words
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296 1986-05-23 2 SOME TRAVEL AGENTS here are now looking towards beauty and brains as selling points in their tour packages. Anglo French Travel will soon introduce a "Health N Beauty" Holiday to a hot spa health resort in southern Thailand while American Express296 words
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Article, Illustration319 1986-05-23 2 A MANUFACTURER of coding equipment with applications in the food and pharmaceutical industries is seeking agents in Singapore and South-east Asia. Equipment from Frazer Engineering Co Pty Ltd is suitable for date-coding and batch marking on cans, packets, bottles, jars, paper and plastic webs. Its latest machine, the319 words
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283 1986-05-23 2 LOCAL ORGANISERS of a world real estate congress are racking their brains for a place to hold the opening ceremony for a meeting of about 1,500 delegates who had previously dined in castles and palaces. Singapore has won the option to283 words
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Article, Illustration393 1986-05-23 2 MARTIN SOONG - By MARTIN SOONG FLAT TYRES mean big business for OKO International, a UK-based tyre sealant manufacturer that is going to appoint distributors in Singapore, Malaysia, and Indonesia within the next two weeks. The company produces OKO tyre sealant, a viscous water-, gum- and fibre-based393 words
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426 1986-05-23 2 ARCHITECTS have, for the first time, begun monthly dialogues with council members in the Singapore Institute of Architects (SLA), to air grievances and take remedial action wherever possible. The dialogues, the brainchild of the newly-elected council in the SIA, are planned to run for a year.426 words
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261 1986-05-23 2 CHINA'S legal reforms and their impact on business opportunities will be the focus of the Chinese Business Law Conference on June 26 and June 27. Recent reforms passed in China on business practices covering investments, foreign exchange, technology transfer and taxation were aimed261 words
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483 1986-05-23 2 AT A TIME when the easy loans of the early 80s are turning into landmines for both bankers and borrowers, a financial consultant specialising in company turnarounds reminded bankers that they would be the first to take the blame for a problem loan. "While it483 words
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Article151 1986-05-23 2 SINGAPORE and Soviet civil aviation officials will meet again before the end of October for further talks on an air services agreement. No conclusion was reached during the three days of talks which ended in the Republic yesterday. However, as a gesture of cooperation, it was agreed151 words
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Article136 1986-05-23 2 ELEVEN world countertrade experts from nine countries will be in Singapore next month to speak at an international conference on global countertrade. Organised by OR Management Pte Ltd, the 1986 International Conference on Global Countertrade will be the first of its kind in Singapore. On June 5136 words
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113 1986-05-23 2 THE LATEST range of machines for use in the garment and textile industries will be on display at Asiatex '86 starting tomorrow. Exhibitors from 16 countries will show their machines here, many for the first time. More than eight local companies will take part113 words
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222 1986-05-23 2 ABOUT 25 per cent of the world population of 4.9 billion is made up of the Chinese people, and this spells a very big market for publishers of Chinese books. About 300 publishers of such books from Singapore, Taiwan, Hongkong, China, Malaysia and the222 words
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Page 2 Advertisements
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Advertisement5 1986-05-23 2 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS5 words
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Advertisement13 1986-05-23 2 The Air Cargo page hat been held over due to lack of space.13 words
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OVERSEAS
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376 1986-05-23 3 Reuter INDONESIAN businessmen say a package of measures to stimulate exports and foreign investment announced this month is not enough and must be accompanied by easier credit and cuts in transport and energy costs. The Indonesian Chamber of Commerce (Kadin) said current lending ratesReuter - 376 words
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462 1986-05-23 3 FT THE FOREIGN business community in China is extremely dissatisfied with its treatment by the Chinese authorities. Foreign companies believe they are overcharged for accommodation and staff, that services are poor, and that they are subjected to arbitrary and excessive price increases withoutFT - 462 words
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Article142 1986-05-23 3 AP A NATIONWIDE inspection in China has found the quality of Chinese electric blankets, cassette recorders and raw textile materials inferior. The official Xinhua News Agency reported that the inspection of 464 industrial products in 20 categories during the first quarter of this yearAP - 142 words
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183 1986-05-23 3 AFP POLICE are investigating the possibility that Triad criminal gangs from Hongkong would enter Australia ahead of the Brit-ish-Chinese switchover in the colony. Special Minister of State Mick Young told Parliament on Wednesday it was possible that members of the ChineseAFP - 183 words
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Article, Illustration354 1986-05-23 3 UPI MALAYSIA, an independent oil producer with current output of 510,000 barrels a day, will trim its production by 10 per cent if Opec members implement a planned cutback to stabilise world oil prices. The Minister in the Prime Minister's Department, JamesUPI - 354 words
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193 1986-05-23 3 AP FORMER EMPLOYEES at the China Pavilion at Expo 86 in Vancouver say they were told to peel off "Made in Taiwan" labels from gifts at the Chinese pavilion's gift shop. The mainland Chinese gift shop also sells clothing from Hongkong and Japan, withAP - 193 words
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Article644 1986-05-23 3 ARRIVALS Operator S«rvK« Local time From GIA S1A SIA RBA RJ SIA SIA GA900 RJ182 SQI09 SQ455 1310 1335 1335 1400 1400 1405 1410 PKU SFO/HNL/HKG BKK CXI AMM/KUL KUL BWN StA THAI ATLOT THAI MAS CPA KIM GIA MAS MAS MAS SIA SQ238 SU559 TG4I3 MH607644 words
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376 1986-05-23 4 AP PRESIDENT Reagan's Administration suffered dozens of defections within his own party on Wednesday in initial skirmishing in the House of Representatives over Democratic-proposed trade legislation. Efforts to strip out some of the Bill's most heavily debated provisions failed twice in succession asAP - 376 words
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276 1986-05-23 4 AFP THE European Commission dismissed arguments used by Washington to support its call for a voluntary cut in West German machine tool exports to the United States. The commission rejected on Wednesday US President Reagan's assertion that the US machine toolAFP - 276 words
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335 1986-05-23 4 Tax evaders beware here comes Interfipol FT INTERFIPOL is an abbreviation which may shortly be giving the financial directors of multinational companies a lot of extra work and possibly some headaches. It could also trouble individual taxpayers whose financial interests cross borders. Deliberately echoing Interpol, the acronym for the organisationFT - 335 words
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Article, Illustration261 1986-05-23 4 Reuter DUTCH prime minister Ruud Lubbers led his centre-right coalition to a surprise general election victory yesterday, defying opinion polls and brushing aside the threat of a so-called "Chernobyl factor". An alliance of his Christian Democrats with right-wing liberals had been tipped to lose office. ButReuter - 261 words
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131 1986-05-23 4 AFP JUST FIVE DAYS after being charged with paying US$7OO,OOO of truck drivers' union funds to ghost workers, Jackie Presser was triumphantly re-elected president of the Teamsters Union in Las Vegas. Four truck drivers dressed like Roman centurions carried the 150 kg unionAFP - 131 words
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188 1986-05-23 4 Reuter PRESIDENT REAGAN has vetoed a congressional ban on a US arms sale to Saudi Arabia but parliamentary manoeuvring by opponents left the future of the controversial deal unclear. Mr Reagan, in a message to Congress on Wednesday announcing his action,Reuter - 188 words
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120 1986-05-23 4 UPI AN 11-YEAR-OLD Vietnamese girl won a car in a Statue of Liberty essay contest but accepting it could cost her family their welfare benefits. Hue Cao's mother has put off signing ownership papers for the car because the family wasUPI - 120 words
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Page 3 Advertisements
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Advertisement233 1986-05-23 3 I I II \I I Iff II I Every Tuesday, Thursday. Saturday and I M t\ I wI Sunday. Leaving Changi Airport at JL 1 22:05 hours and arriving at Heathrow 3t 07:05 hours the following morning. Call Air Canoda at *****55 or your aw)A9er AIR CANADA® Business Class of233 words
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RAW MATERIALS
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Article287 1986-05-23 4 SINGAPORE The market closed lower with June Onfc RSS buyers quoted at 171 .50 cents a kg yesterday, down 1.50 cents from Wednesday. The morning session lost 0.50 cents, after fluctuating uncertainly in moderate trading. Increased profit-taking in the afternoon caused prices to lose ground in quiet trading ahead287 words
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Article313 1986-05-23 4 RAS pncw m S cents/kg, FOB in k< ales NOON CLOSE Buyeri Setters Buyers Seders Int 1 RSS Prorrpt ***** 176.00N 173 00 174 00N Int 1 RSS June 86 ***** 174 00 171.50 172 50 Int 1 RSS July 86 173 25 175 75 171 50313 words
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Article103 1986-05-23 4 (cents/kg, 1-ton pallets) J(JNE gg JULY 86 (current month) (forward month) NOON NOON RAS Buyers Sellers Buyers Sellers SSR 20 ***** 164 00N 162 50 164 SON SSR 50 159 00 161 OON ***** 161 50N MRELB Buyers Sellers Buyers Sellers SMR CV 215 50 217 50N103 words
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Article119 1986-05-23 4 TIN PRICES on the Kuala Lumpur Tin Market rose two cents to close at M 514.01 per kg, after hovering at $13.99 over the past two days, dealers said. Trading remained inactive. They noted a slight increase of activity from Malaysian and Japanese buyers at the current level119 words
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Article236 1986-05-23 4 WHEAT FUTURES on the Chicago Board of Trade closed three cents to 4 3 US cents a bushel higher on Wednesday. Commercials bought wheat, possibly with an eye on an Egyptian tender for American soft wheat under the export bonus programme, traders said. Egypt is looking at new offers236 words
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Article147 1986-05-23 4 Chinese Produce Exchange Sollers' noon dosing prices on Moy 22 ($$/100 kg). Coconut oil Bulk FOB 48 00 Old drum FOB 6100 Now 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 black147 words
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Article149 1986-05-23 4 MALAYSIAN palm oil futures closed slightly higher on late covering interest yesterday after an uncertain start, supported by higher overnight Chicago soyoil futures. Dealers said trading was quiet as operators awaited the outcome of India's weekly palm oil tender and ahead of the long weekend in the Malaysian149 words
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Article186 1986-05-23 4 SOYBEAN FUTURES on the Chicago Board of Trade fell 13/«l 3 cents to 4Vi US cents at the close of a quiet session on Wednesday Prices remained in a narrow range with most of the attention concentrated on the crush margin, which recently had been unusually weak. Traders noted186 words
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431 1986-05-23 4 AFP THE CONTINUING imbalance between supply and demand on the world silver market, coupled with feeble speculative activity, continue to depress prices, which are currently languishing around their lowest level for nearly four years on the London Metal Exchange. In dollar terms,AFP - 431 words
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Article514 1986-05-23 4 COFFEE Unexpected strength in New York on Wednesday afternoon, allied with steadier sentiment as a result of Tuesday night's official Brazilian denial of any change in export prices, helped lift robusta futures again in the afternoon. At the close, second position July was £35 a tonne up from514 words
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Page 4 Miscellaneous
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Miscellaneous42 1986-05-23 4 Doonesbury BY GARRY TRUDEAU >XXJRROOM- IKNOHJTTSA MATE IS YOUR BTTCONCEPTUAL, PSYCHOLOGY BUTGVBTTA TERM PROJECT? CHANCE. HERE& THETTTLE i m f B lUEENYISM TO PRESERVE IN THEWS- CONFIPOfUALTTY, A CAGE I'M CALLING STUPY" YOU •MAX* S m ft S s y >• t \&2£l42 words
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BANKING AND FINANCE
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578 1986-05-23 5 Reuter CANADA's major banks, buffeted by lower oil prices and volatile Canadian interest rates, will report disappointing earnings for the second quarter ended April 30, analysts said. Some analysts, once bullish on bank prospects after last year's 18 per cent profit climb,Reuter - 578 words
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184 1986-05-23 5 Reuter SOUTH AFRICAN Reserve Rank has cancelled the appointment of the African Bank Ltd as in authorised dealer for the purpose of exchange control regulations after alleged contraventions of the regulations. Finance Minister Barend du Plessis on Wednesday did not specify theReuter - 184 words
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Article67 1986-05-23 5 Reuter RURAL credit co-opera-tives in China are offering floating interest rates above those offered by banks in an effort to encourage capital flows, a spokesman for the People's Rank of China said. China Daily yesterday said 279 such cooperatives located in Zhejiang, one of China's richest provinces,Reuter - 67 words
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132 1986-05-23 5 AFP THE SOVIET UNION has signed an accord with a Western banking consortium to borrow 1.2 billion Deutsche marks (US$535 million, Dresdner Bank, the lead institution, said. The 8.5-year credit carries an interest rate 0.25 per cent above the London interbank offered rate, which servesAFP - 132 words
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103 1986-05-23 5 Reuter FRENCH BANKS are planning to introduce banking charges on current accounts to lower the cost of credit. Jean Dromer, president of the French Association of Banks, said in a radio interview that the five billion cheques processed by banks each yearReuter - 103 words
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Article807 1986-05-23 5 DAVID GABRIEL - Rules to protect investors introduced in the midst of deregulation By DAVID GABRIEL THE PARADOX now facing the world's securities, commodity and financial exchanges, was the theme of a discussion among bond dealers yesterday. There had been an increasing move towards deregulation of domestic markets, which807 words
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245 1986-05-23 5 Reuter CANADIAN Prime Minister Brian Mulroney said comments by US Treasury Secretary James Baker about the Canadian dollar were academic but he was grateful for the positive effect they had on the currency. Mr Mulroney was responding to Mr Baker's remarksReuter - 245 words
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371 1986-05-23 5 A FORECAST that vigorous cooperation will develop among the three Asian financial centres of Singapore, Hongkong and Japan, including tike formation of syndicates involving all three markets, has been made by Nomura Research Institute (NRI). The institute said experts and businessmen in Singapore371 words
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Article90 1986-05-23 5 CEREBOS PACIFIC, which announced a $30-million note lwnr> facility (NIF) early last month, signed the agreement with Morgan Grenfell (Asia) on Wednesday. The NIF incorporates a $10million non-underwritten portion and a $20-million underwritten portion by six banks BOT International, Hongkong and Shanghai Banking Corp, Standard90 words
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MONEY AND EXCHANGES
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Article691 1986-05-23 5 SINGAPORE The US dollar closed firmer yesterday against most major currencies but off its highs, in moderately active trading. The dollar closed higher at 2.2700/10 marks compared with New York's 2.2675/90 close, but below its high of 2.2765 and at 169.70/80 yen against 169.50/60 and 170.20 respectively. The691 words
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Article209 1986-05-23 5 HONGKONG: The metal closed marginally lower in quiet trading yesterday on light selling by European interests. Bullion closed at U*****.05/339.35, down slightly from New York's close of $339.10/60 but above its previous finish here of $338.85/339.15. On the local market, gold closed unchanged from Wednesday's finish here and barely209 words
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Article221 1986-05-23 5 Interbank rates at 3pm yesterday: Local dollars to om unit of foc+ign Md Otter e raee parity US dolor ***** 2.2310 2.8196 -20.91 Staring pound ***** 3 3676 7.3469 -54.21 Australian dolor 1 5922 1 5951 3 4286 -53 56 NZ dolor 1 2387 1 2426 3 4286221 words
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Article, Illustration132 1986-05-23 5 THE OVERNIGHT rate on the Singapore interbank money market rose by 1/8 point from Wednesday to close at 4 7/8 per cent yesterday. The term rates remained unchanged across the baord. Mutn «H mraf* tf to prta* M* rates af 12 ma}«r tats Mrifa In Sh«Mr« S$ Interbank132 words
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Article314 1986-05-23 5 Asian market ASIAN DOLLAR deposit rates closed steady at opening levels In quiet afternoon trading yesterday. News that US April consumer prices dropped 0.3 per cent and personal income rose 12 (or the same period bad little impact. The Federal Reserve's entry into the US government securities market to arrange314 words
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Article343 1986-05-23 5 BA Futures SEPTEMBER EsrsdeUar opened at 92.93 yesterday, sharply lower from Wednesday's closing at 93.00 but slightly higher than CHE'S close. At about noon, a strong buying spree of US Treasury bonds In Tokyo saw the contract traded to a Ugh of 92.99 But a lack of fol-low-through resultedBA Futures - 343 words
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Page 5 Advertisements
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Advertisement0 1986-05-23 5 --:@@+</+[<$=}".@|(='='[)|/}%+-0 words
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FEATURES
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Article472 1986-05-23 6 HARDLY a day passes without mention of price adjustments to smooth the way a little in these trying times. The National Productivity Board's recent announcement on course fee cuts of up to 50 per cent was as timely as the lower interest rate for472 words
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Article, Illustration1115 1986-05-23 6 BRIAN GOMEZ - Despite low prices, drilling efforts in Asia-Pacific are still active, reports BRIAN GOMEZ BRIAN GOMEZ LOW OIL PRICES are biting into exploration activity worldwide, but drilling efforts seem to be holding up reasonably well among Asia-Pacific oil producers. The raw potential of offshore China, for1,115 words
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727 1986-05-23 6 letter to the Editor Dear Sir, In Pan-Electric's annual report dated June 11, 1965, it was shown that GIH held 50,317,329 shares. Since then, it has reported selling 3,009,523 shares and replacing them by conversion of an equal number of shares from727 words
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Page 6 Advertisements
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Advertisement110 1986-05-23 6 50... YOU THINK YOU KNOW ALL ABOUT l I MAY I*. MDVrHI.V MOPniCK V<)1,10 NO i SECOND-CLASS Finance companies face an identity crisis P THE BUBBLES NEVEB BURST More «*wutivrs are diving into I the hlur %i *****91^ THEN ANSWER THESE QUESTIONS: Are our neighbours facing the same woes as110 words
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Page 6 Miscellaneous
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Miscellaneous20 1986-05-23 6 BriStc^RanJcDicto^ 5 u>eexr feeRDRe I uopis in tmc rnoibß Pool L*ST u>eeK i u)RS OPePfVHNG tHe. UFT J SHOP... grggß20 words
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SPORTS
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372 1986-05-23 7 AP SECOND-SEEDED France trounced defending champion US 3-0 on Wednesday to move a step closer to a place in the finals of the US$5OO,OOO Ambrose Solaire World Team Tennis Cup. France won its first match on Tuesday against West GermanyAP - 372 words
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Article, Illustration180 1986-05-23 7 UPI ARGENTINE COACH Carlos Bilardo broke up a fight between his star player Diego Maradona and a local defender during a World Cup warm-up match against Club America reserves in Mexico City. The flare-up happened minutes before the end of the match on Wednesday, whichUPI - 180 words
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Article76 1986-05-23 7 Reuter MEXICO plans to clamp down on taxis and other businesses to prevent them charging from inflated prices during the World Cup finals which begin on May 31. A Mexican Consumer Protection Institute spokesman said culprits would face tough reprisals but did not go into detail.Reuter - 76 words
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195 1986-05-23 7 AFP JUST FONTAINE, whose 13 goals for France in the 1958 World Cup remain a record for the finals, predicts a first European winner in Latin America from next month's finals. And Fontaine reckons the finalists in Mexico City's Aztec Stadium onAFP - 195 words
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Article, Illustration430 1986-05-23 7 WALTON MORAIS - By WALTON MORAIS NATIONAL CHAMPION Daniel Lim takes another step closer to retaining his Singapore Island Country Club matchplay title when he tees off for his semi-fi-nal match tomorrow. And the man standing in his way is Singapore Golf Association secretary Gerald Loong who last430 words
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452 1986-05-23 7 AP INJURIES, absences and age cloud the outcome of the French Open, the year's first Grand Slam tournament, and eventually the question of who's No 1 this year. Chris Evert Lloyd and Sweden's Mats Wilander are the defending champions on the slow, red clayAP - 452 words
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Article, Illustration260 1986-05-23 7 GIVING A LIFT to Singapore pride is Olympic Games silver medallist Tan Howe Liang as he takes the Guinness Scroll signifying Commonwealth Games solidarity on the next leg of its 80,000-km Friendship Journey back to Edinburgh, Scotland. Howe Liang, who won the Republic a memorable260 words
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488 1986-05-23 7 UPI BRAZIL'S World Cup team on Wednesday gave its best training match performance to date strolling to a 4-0 win over Club America, the Mexican First Division team. Injured midfielders Zico and Cerezo sat out the game, but team doctor Neylor Lasmar said they wouldUPI - 488 words
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Page 7 Miscellaneous
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Miscellaneous1436 1986-05-23 7 to (md mm HOLIDAY NIGHT MOVIE Tho Four Musketeers 10.30pm, Chtnnol 5 This 1975 sequel to "The Three Musketeers" features the Musketeers continuing their merry-making, fighting for the queen and engaging in many sword battles. The four Musketeers are Athos (Oliver Reed), Aramis (Richard Chamberlain), D'Artagnon (Michael York) and Porthos1,436 words
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Miscellaneous668 1986-05-23 7 TCKHKHDiaB SMMQ CRYPTIC PUZZLE ACROSS 4 Not certain to be powerful? (6) 7 The writing on the wall (8) 8 Like vests for racehorses? (6) 10 A shining figure in show business (5) 13 We ore, yet are no longer (4) 14 Cry a little, softly (4) 15 Money for668 words
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INTERNATIONAL STOCKS
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230 1986-05-23 8 Reuter CITICORP said yesterday that it will begin a US$l9 per share tender offer for all the outstanding shares of Quotron Systems Inc, and hopes that Quotron's management will support the offer. Quotron's management had earlier this year rejected a similar offer as inadequate,Reuter - 230 words
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131 1986-05-23 8 NYT THE Lorimar-Telepictures Corp has agreed to buy aevfca television stations for USsl.® billion. Lorimar-Telepictures purchased the stations from Kohlberg, Kravis, Roberts A Co, the leveraged buyout firm which last year acquired the two companies that owned the statipns, SCI Holdings Inc, theNYT - 131 words
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Article88 1986-05-23 8 Reuter THE LONDON Stock Exchange said its ruling council has approved the development of a new share processing system, named "Taurus", which will eliminate the need for share certificates. Participants in the new system will be able to hold British and Irish shares in non-certificateReuter - 88 words
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304 1986-05-23 8 Reuter THE WALL STREET stock market declined at the close on Wednesday, shadowing a drop in bond prices that pushed interest rates higher in late afternoon. The market traded indecisively through the day, in a continuation of the recently thin trading. The Dow JonesReuter - 304 words
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Article127 1986-05-23 8 MAY 21 a 24* mp 04 hcs kit Pro* Pp« lu InM 42* 17* 44* 21 -M 39% 16* 16 Lobtaw B 13 unch 32 -Vk 3* unch Bonk Novo Scotia EM Canada 14* 39*4 Mc Bfedat Mohon A 34* 26* Bp R«*ourc«s Brascan OA 30* 23* Moor* Cp127 words
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Article203 1986-05-23 8 MAY 21 loud Un Stni 65 -2 WooHru 1450 -25 MDUSTKML5 cs A Afeho ***** 4375 25 210 -2 1125 -25 500 .5 1750 25 AMJC 4000 -200 Buff eh 7200 50 1730 4*30 ***** 2800 Com GoAd ***** CNA 250 +10 ***** Curne Fnonca 495S unch 09 Be«cs203 words
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Article474 1986-05-23 8 MAY 21 US$ Frestone Tee 22* 9* 18 NCR Corp 53* 4 Ale cm Alumn 29** FMC Cp 98* 1 inch Mewimmt M/>g 47 4-* Alcoa Aleg Intl !&<+ 22 unch Freeport Mewl 17* AJfced Stg 48* AJbcd Store* Afcs-Chakner* 45* 4* 2* 2* GAF Cp 68 Ohio474 words
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Article853 1986-05-23 8 Amsterdam MAY 21 1 FW A0N 565 50 >16 5 ***** >4 Ahold 79 20 > 1 169 00 >5 4 152 20 unch amev 82 00 >5 8 Amro Bonk 100 80 >4.8 119 80 >2 8 Borsurr«| 700 00 >18 Boehrmon T eft erode 172 00853 words
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Page 8 Advertisements
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Advertisement650 1986-05-23 8 v ±|JJJ<M^I ir*> "3£§i y r> i K Where you can enjoy a 50% discount on all beverages from spm to Bpm tt the Treetops Bar spm to 7pm Z at the Baron's Ifevern daily. Offer is not valid for promotional drinks and drinks ordered by the bottle. For every650 words
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Advertisement149 1986-05-23 8 London stocks on Pago 11 ft) 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. PITT EVERYTHING INTO PERFECT COMBINATION FOR A PERFECT NIGHT OUT ENTERTAINMENT: Man149 words
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ASIAN STOCKS
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Article370 1986-05-23 9 HONGKONG: Share prices yesterday closed sharply higher with the Hang Seng Index crossing the key 1,800 mark on strong demand for shares of Cathay Pacific and selected utilities, brokers said. The Hang Seng index rose 26.04 to 1,820.98 and the Hongkong Index 15.82 to 1,132.40. Turnover was HK5440.43 million370 words
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Article264 1986-05-23 9 MAY 22 NT Kofin 27 70 0.2 At Srcrt Mis 2.18 +0.04 +02 +02 0 4 0 3 +0.4 0 15 +1 1 Kuochon D«v Laa Chang Yuan Cham irxjus 20 90 25 70 0 2 0 1 Cathay Cons Chang Hwa Bank 30 70 43 80 Lian Hwa264 words
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Article401 1986-05-23 9 TOKYO: Share prices yesterday advanced swiftly in moderate trading centred on speculative issues as investors remained uncertain over future trends. The market average rose 109.19 to close at 15,917.33. Turnover was 500 million shares against 460 million the day before, when the average gained 118.16. The Tokyo Stock Exchange401 words
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Article78 1986-05-23 9 MAY 22 Morsteel Onentol B ....0.012 unch Acoie Mnrtg Anglo Phil Phd Oveneos ...0 017 0 001 PMex B -0 1750 unch Apex Mmg B 0009 13 50 -0 004 PLOT 77 unch Son Miguel B 42 +1 Boguo Gold 0 011 001 Bosk Petroleum ***** ***** ***** unch78 words
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Article395 1986-05-23 9 SYDNEY: AUSTRALIAN share markets yesterday closed slightly firmer, with bargain-hunting in selected industrial stocks offsetting a 10-cent fall in BHP counter. BHP was heavily traded around the 8.50 level before closing 10 cents down at 8.40. More than 27.3 million shares worth $221.4 million changed hands. Equiticorp Tasman, which395 words
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Article77 1986-05-23 9 MAY 22 Won Hyundoi Const 908 -2 Hyundai Motor 2270 70 685 -15 KAL 1149 4 ChohaungBk 660 unch Koreo fnt 703 -13 Commerciol Bk 710 unch 2701 Yukono 100 545 urtch 449 10 974 23 Lucky Ltd 1122 3 Do«woo Ind 1275 10 1210 25 Dong Ah 51077 words
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Article172 1986-05-23 9 UPI MATSUSHITA ELECTRIC Industrial Co is planning to build a US$2O million factory in Peachtree City, Georgia, to manufacture car audio equipment. The company, known for its Panasonic and National brand names, said it was one of the largest initial investments made by aUPI - 172 words
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210 1986-05-23 9 New twist to row over share sale Reuter THE ACTING CHAIRMAN of San Miguel Corp, Andres Soriano, has asked the Philippine government to declare void the sale of 33.1 million San Miguel shares to a wholly-owned subsidiary. Mr Soriano's request follows a decision byReuter - 210 words
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168 1986-05-23 9 Reuter NATIONAL AUSTRALIA Bank Ltd anticipates an increase in net profits in the second half if current demand and recent improvements in interest margins continue. The bank earlier reported an increase in net earnings to $153.39 million for the first half ending MarchReuter - 168 words
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243 1986-05-23 9 Reuter EQUITICORP Tasman Ltd (ETL) of Australia has withdrawn the Part A document for its proposed partial offer for diversified glass and packaging group ACI International Ltd and will not now despatch the offer to shareholders. ETL proposed to offer $3.60 cash a share forReuter - 243 words
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110 1986-05-23 9 Reuter FORD MOTOR CO of the US says it is holding talks with Korean industrial group Kia to buy a minority interest in Kia Motors. A Ford spokesman in Detroit said that negotiations were in progress, but that the twoReuter - 110 words
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Page 9 Advertisements
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Advertisement616 1986-05-23 9 H m I if=s> > r 1 H\ct» w If ft .1 Come Party with Freaky Freddy And till May 31st, there are 4 more reasons to come on down: •Martell Cordon Bleu. Martell Cordon Rubis and Bell's Royal Reserve bottle buyers receive exclusive gifts and win attractive prizes in616 words
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Advertisement195 1986-05-23 9 ★< Food Room Package For lunch or dinner you get 3 dishes and a soup all genuine Peking I Sichuan cuisine (Shark s Fin delicacy includedi A room is prowled tor your special ceteorat on whether it s wedding anniversary or other occasions I V s -S VTI As part195 words
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SHARE INFORMATION
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Article, Illustration4173 1986-05-23 10 BARGAIN-HUNTERS and CPF investment account holders again proved that they were in no hurry to chase prices upwards yesterday. Nevertheless, the market continued to strengthen, albeit at a much slower pace than Wednesday's. Turnover also improved slightly to 8.03 million shares worth4,173 words
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Article262 1986-05-23 10 1 c s S Sembowo S f H S 1 A M Brewer* FELS Intt Trust M Flour Incfecope NST Hwo Hong O C B C FAN Smg In* Mmg Court Boto Apnomoto DBS Not Iron SINGAPORE Rises Indices 490 20 BTComposrte 498 79 MO 72 ng262 words
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Article3209 1986-05-23 10 SECTION ONE INDUSTRIAL COMMERCIAL Acmo (0975) (8) 0 97 (3) 0 964 (3) 0 98 (2) 0 974 (6) 0 96 (2) 0 954 (I) 0 964 (1) 0 974 (II) 0 97CD Alcorn (0 448) Amol Steel 50« (0 606 0 604 S) (36)3,209 words
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Article130 1986-05-23 10 HONGKONG Hong Kong Index Thursday 1132 40 Wednesday 1116 58 Week ago 1116 37 All Industrials Thursday 900.1 Wednesday 1894.6 Week ago 1953 3 NEW YORK Hong Seng Index Thursday 1820 98 Wednesday 1794 94 Week ago 1794 17 Dow Jones Wednesday 1775.17 Tuesday 1783 98 Week ago130 words
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Article286 1986-05-23 10 Monogers' prices MARA-Bumiputra for May 24 26 First B'putro 3 95 400 Singapore Unit Truat Second B'putro Third B'putro 3 74 3 17 3 79 3 22 The Commerce 0 73 0 77* Fourth B'putro 340 3 45 The Saving* Fund 0 63 0 68 Fifth B'putro 1286 words
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COMPANY NEWS
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Article, Illustration518 1986-05-23 11 NAJEEB JARHOM - By NAJEEB JARHOM STOCKBROKER LIN TAH HWA pleaded not guilty in a district court yesterday to 22 counts of cheating 14 banks. The plea was taken at the request of the Deputy Public Prosecutor Eleanor Wong. Immediately after, defence lawyer Francis Seow518 words
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Article207 1986-05-23 11 MBT BUTTERWORTH-based stockbroking firm, Seberang Securities Sdn Bhd, has voluntarily suspended trading on the Kuala Lumpur Stock Exchange (KLSE) since Tuesday, May 20. It is believed that the firm wants time to sort out its affairs. Sources said the matter was expected to be resolved soonMBT - 207 words
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264 1986-05-23 11 BECAUSE OF hefty provisions and poor trading conditions, MCA-related Mulpha International Trading Corporation Bhd incurred a record MJ49.08 million pre-tax loss for the year ended Dec 31, 1985. Management expects this year to be difficult. The group made a $23.3 million provision for264 words
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540 1986-05-23 11 A LACK OF follow-through support caused prices to end on a mixed to slightly easier note at the Kuala Lumpur stock market in quiet trading. Interest was centred on a selected group of counters which managed to pick up some ground. Some Singapore-based counters540 words
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Article839 1986-05-23 11 SHARE TRADING got off to a sluggish start yesterday morning, with prices opening mixed to easier, depressed mainly by the lower overnight close on Wall Street. At 0825 GMT, the FTSE 100 Index was down 2.8 to 1,589.1. One dealer said investor interest is flagging, and share prices839 words
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757 1986-05-23 11 AMY CHEOK - By AMY CHEOK IN A COMPLETE REVERSAL of his earlier position, Hotel Marco Polo's independent director, Tan Keong Choon, is now rejecting the advice given to him by Baring Brothers Asia. The merchant bank has resigned as his adviser on the proposed takeover of757 words
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LATEST RESULTS
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Article149 1986-05-23 11 Group pre-tax profit of MJ25.81 million ($63.44 million) on turnover of $464 million ($649 million) for the year to endJanuary 1906. MMC said its results were adversely affected by severe production cutbacks and restrictions on sales of tin concentrate as a result erf the tin export149 words
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Article61 1986-05-23 11 Group pre-tax profit of $32.9 million ($31.2 million) on turnover of $182.4 million ($191.4 million) for the first six months to endMarch 1986. Post-tax profit stood at $18.1 million ($16.6 million). An interim dividend of eight per cent gross, payable on July 4, has been recommended. Perils61 words
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Article90 1986-05-23 11 Group pre-tax loss of $8.13 million ($1.39 million) on turnover of $9.94 million ($30.5 million) for the year to end-December 1985. After taxes and an extraordinary gain of $215,000 (nil), losses amounted to $7.91 million ($1.50 million). Trading conditions in the building materials and housing market90 words
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Article2433 1986-05-23 11 f*XJS TRIALS Ajinomoto (3 OOS) (I) 2 70 AMD (3.105X1)3.10 Atcom (0 536) (1) 0.54 (I) 0.53 AISB (0 488 0 495) (2) 0 474 (I) 048 API (0.3348 0 345) (20) 0.33* ASM (0 69 1 ,8 0 70S) (7) 0 694 (38) 02,433 words
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Page 11 Advertisements
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Advertisement154 1986-05-23 11 OFFICIAL NOTICE PROPOSAL TO CHANGE OF We, SEINE SHIPPING PTE. LTD., of 24, Raffles Place. #23-01, Clifford Centre, Singapore 0104, hereby give notice that In consequence of our purchase of the below mentioned ship, we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping154 words
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Advertisement163 1986-05-23 11 OFFICIAL NOTICE Proposal To Change A Ship's Name We. PACIFIC INTERNATIONAL LINES (PRIVATE) LIMITED, of 140 Cecil Street. #03-00. PIL Building. Singapore 0106. hereby give notice that in consequence of our intended purchase. we have applied to the Registrar of Sngapore Ships under Section 417 of the Merchant Shipping Act163 words
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Advertisement163 1986-05-23 11 OFFICIAL Proposal To Change A Ship's Name We. PACIFIC INTERNATIONAL LINES (PRIVATE) LIMITED, of 140 Cecil Street. *03-00. PIL Building. Singapore 0106. hereby give notice that in consequence of our intended purchase, we have applied to the Registrar of Singapore Ships under Section 417 of the Merchant Shipping Act (Chapter163 words
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Advertisement278 1986-05-23 11 NOTICES COMPANIES ACT, CAP. IK AND IN THE MATTES OP ALPINE DESIGN A PLOBAL > I>l >jjh > I. (Members' Velaatary WWhgUp) At an Extra General Meeting of the members of ALPINE DESIGN FLORAL CENTRE PTE LTD duly convened and held on the 20th day of May 1986 at 10278 words
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341 1986-05-23 12 AFP MALAYSIAN Opposition leader Lim Kit Siang said yesterday he was planning to see Prime Minister Mahathir to discuss the reported takeover of a major commercial bank by companies belonging to the family of Finance Minister Daim Zainuddin. "I also wishAFP - 341 words
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Article58 1986-05-23 12 AFP THE TAIWAN Education Ministry will allow women dancers from Senegal to perform barebreasted in Taiwan. The decision yesterday ends a controversy over whether the planned performance of the Senegal National Dancing Troupe was "art" or "obscenity". The ministry said the troupe should be allowed to presentAFP - 58 words
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377 1986-05-23 12 ALVIN TAY - By ALVIN TAY SINGAPORE AIRLINES and three of the Republic's Big Four local banks are among the local companies which have been identified by the Nomura Research Institute (NRI) as those which meet the listing criteria of the Tokyo and Osaka stock377 words
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483 1986-05-23 12 CHUANG PECK MING - By CHUANG PECK MING OFFERING something for nothing does not always attract, as the CAL Computer Training Centre has found. Its offer of free lessons drew a very poor response, yet those for which it charges fees have proved a big attraction. This new483 words
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Article, Illustration317 1986-05-23 12 UPI NATO's top military officer has said that unless the US is allowed to resume making chemical weapons, the alliance might be forced to repel a Soviet chemical attack with nuclear weapons. A majority of defence ministers from Nato member nations were expected yesterdayUPI - 317 words
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240 1986-05-23 12 Bernama THE JOHOE government's decision on the reduction of export of fish to Singapore beginning this year will be implemented based on domestic demand and total supply. Stating this yesterday, State Agriculture and Fisheries Committee chairman Ha# Mohamed Salleh KasminBernama - 240 words
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105 1986-05-23 12 Bernama THE MALAYSIAN Veterinary Services Department will review the agreement with Thailand for the export of Thai livestock products to Singapore via Malaysia. Director-General Dr Ahmad Mustaffa Babjee said yesterday he was aware that the business of local livestock farmers would beBernama - 105 words
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Article61 1986-05-23 12 COMEX GOLD FUTURES gained more than US$l.OO yesterday morning in a sympathetic upswing with silver. Gold for delivery in June rose $1.40 at $341.20 an ounce, the second strongest level after Monday's peak of $343.30. Analysts said the focus was on silver, which rallied over the psychological upside61 words
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Article57 1986-05-23 12 Reuter WALL STREET stocks rose from the opening bell yesterday as a bond market rally caused spill-over support into equities, traders said. The Dow Jones Industrial Average was up eight points to 1783, with the early gain about equal to Wednesday night's loss. Advances led declines nearlyReuter - 57 words
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LATE FILE
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Article60 1986-05-23 12 Reuter NORWAY'S Oil and Energy Minister Arne Oeien said yesterday he hoped to meet senior officials of the Organisation of Petroleum Exporting Countries (Opec) soon to discuss a possible Norwegian contribution to stabilising world oil prices. He said Saudi Arabian Oil Minister Ahmed Zaki YamaniReuter - 60 words
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Article35 1986-05-23 12 UPI HONGKONG and Taiwan authorities announced yesterday that China would deliver a hijacked Taiwan cargo Jet with its cargo and two of its three crew members to Hongkong this morning.UPI - 35 words
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51 1986-05-23 12 AFP A PLAN by a half-brother of Indonesian President Suharto to sue an Australian journalist over an article about the first family's wealth may be postponed. Supreme Court chairman Ali said yesterday a lot more study of the legal problems involved would be needed.AFP - 51 words
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Article47 1986-05-23 12 UPI A MAN dressed in a camouflage military uniform hurled a hand grenade at the departure terminal of Bangkok's Don Muang airport yesterday, slightly injuring two guards and an airport employee. No one immediately claimed responsibility for the pre-dawn attack, police said. UPIUPI - 47 words
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Article32 1986-05-23 12 AP LIBYA has halted the teaching of the English language at "all educational stages". The official Jana news agency reported yesterday that Russian is being taught instead. APAP - 32 words
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49 1986-05-23 12 Reuter BRITAIN'S Opposition Labour Party yesterday began to carry out a threat to purge suspected Marxist militants from their stronghold in the city of Liverpool. The party's national executive committee said it had expelled Labour's president in the northwestern city, Tony Mulhearn. ReuterReuter - 49 words
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Article43 1986-05-23 12 AFP VICE-PRESIDENT and Foreign Salvador Laurel on Thursday ordered the Philippine Consulate in Hongkong to look into the sale there of dolls modelled on a Fllipina domestic helper. The Hongkong-made dolls have angered the Filipino community in Hongkong. AFPAFP - 43 words
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317 1986-05-23 12 AFP THE JAFFNA PENINSULA was calm yesterday after five days of fighting between security forces and Tamil separatists, but there were fears of fresh violence during the Buddhist holidays, residents said. At least 34 persons died and more than 75 wereAFP - 317 words
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104 1986-05-23 12 Reuter CHINA HAS revealed that one of its early rocket launches ended in disaster when the booster exploded seconds after takeoff about 200 metres above the ground. Foreign analysts said the report yesterday by a top Chinese space official was the first mention of theReuter - 104 words
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262 1986-05-23 12 UPI BEFORE HE LEFT the government for a consulting job this year, the top US official on textile policy met lobbyists for Hongkong who are tied closely to the company he Joined, public records show. Walter Lenahan, the former Commerce Department deputy assistantUPI - 262 words
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408 1986-05-23 12 Reuter SPECULATION about another cut soon in Japan's discount rate resurfaced yesterday, but opposition to such a move in the Bank of Japan and parts of the government appears to be well entrenched, market and official sources said. Dealers said yen bondReuter - 408 words
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195 1986-05-23 12 Reuter THE JAPANESE Parliament has passed a bill to set up a Tokyo offshore financial market within nine months. "In spite of the ninemonth deadline, we are looking forward to inaugurating the market by the end of this calendar year, but aReuter - 195 words
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Page 12 Advertisements
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Advertisement48 1986-05-23 12 RESORT DEVELOPMENT AUSTRALIA Australian company seeking joint venture partners for tourist resort in Alice Springs, Central Australia. Development includes 4 Motels, Tavern, Nature Park, Birdpark and Associated Facilities. Opportunities exist for involvement in individual buildings or the overall project. Contact: *****81 (Office) for details, drawing and video viewing.48 words
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Advertisement9 1986-05-23 12 Clooo tiot among Asian financial contra# likoly, Pago 59 words
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Advertisement154 1986-05-23 12 EXPATRIATE COMMENTS ABOUT ARDMORE PARK NO. 3 r*. m 0 m > t i At Ardmore Park, a typical Sunday morning with our neighbours is spent playing tennis, swimming, sunbathing and lunching on curry by the pool. The kids never had so much fun; we have never made so many154 words
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Page 12 Miscellaneous
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Miscellaneous51 1986-05-23 12 Outlook for today: Showers over o few oroos in the Report for 24 hours prior to 7.30pm on May 21 at the airport Maximum temperature 33.0 Associated humidity 63 Minimum temperature 27.8 humidity 85 Hours of sunshine 9.70 Romfoll in millimetres nil Rainfall this month 100.4 Rainy days this month51 words
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SHIPPING TIMES
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Article148 1986-05-23 13 SHIPBROKER Eggar Forrester has closed down its Aberdeen office. This marks its virtual withdrawal from fixing support vessels for the North Sea spot market. The company has been scaling down its involvement in this area because of the slump in rig and vessel market. At148 words
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Article, Illustration297 1986-05-23 13 LINDA CHEE - By LINDA CHEE NANTAI LINE will shorten its fortnightly frequency to once every 10 days when a fourth ship, the Nantai Prince, enters service next month. The container vessel is due to make its maiden call at Singapore on June 22 before proceeding297 words
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290 1986-05-23 13 Seatrade Week IN A DETERMINED bid to halt the employment of retired officers in seagoing jobs for which aualified younger men nave been queuing in vain, Greek Minister Stathis Alexandris is to make this an imprisonable offence. The union ofSeatrade Week - 290 words
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PORTSIDES
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Article75 1986-05-23 13 Bernama CUSTOMS OFFICERS in Miri confiscated about $500,000 worth of undeclared cigarettes from a cargo ship coming in from Singapore. Sources said Customs Officers, acting on a tip-off, boarded the ship which was anchored about 11 km off Kuala Miri and seized 300 cartons of cigarettes. TheBernama - 75 words
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Article67 1986-05-23 13 GOTAAS-LARSEN Shipping Corporation has reported an improved net profit of US$6.B million for the first quarter against $4.6 million in the corresponding period of 1985. The better performance was attributed to a $4.1 million reduction in net interest expense. Gotaas Larsen operates a fleet of 18 modern vessels,67 words
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Article134 1986-05-23 13 WARTSILA has won a contract to convert the ferry-refrigerated cargo ship Black Prince into a cruise ship from Fred Olsen of Oslo. The 9,499-grt will enter the Turku yard in October and work is expected to be completed in February next year. The 1966, West German-built Black134 words
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Article1355 1986-05-23 14 DRAB CHARTERING on the London shipping freights market on Wednesday lacked any signs of new direction with major trading routes again mostly neglected. Coal, iron ore, fertiliser and sugar markets all failed to generate fresh detailed business, while grain voyage operations were confined to a small handful of1,355 words
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Article, Illustration290 1986-05-23 14 Fairplay DEVELOPED IN Iceland, the Markus Lifenet is designed to get hold and lift a casualty from the water on board a ship or onto a quay. Housed in a glass fibre case, overall length of the Lifenet is betweenFairplay - 290 words
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291 1986-05-23 14 UPI A 56,000 GALLON oil spill from a refinery tank in Panama has caused extensive damage to a large coral reef on the Caribbean coast used for marine research by the Smithsonian Institution, institution officials reported. The Smithsonian saidUPI - 291 words
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128 1986-05-23 14 A CONSORTIUM OF Canadian shipbuilders, shipowners and a naval architect is making a concerted bid for orders from the Soviet Union. The consortium comprises shipbuilders Versatile Pacific Shipyards and Allied Shipbuilders in Vancouver, tug owners Klvtow Industries abd Genstar Marine, and naval architect Cleaver 4k128 words
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718 1986-05-23 14 Fairplay THAT OSLO REMAINS an international shipping centre despite the marked decline in the home-based fleet is a function of what RS Platou's executive vice president Jan Hakon Pettersen calls "software". The commercial and marketing knowledge available in Norway, combined with the rather more widespreadFairplay - 718 words
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Article837 1986-05-23 14 AB Shpg V 5 Accocd Shpg VI 3 Afea Line VI 3 Ahrenkiel Liner X 1 AC Toepfer X 5 Anro Service IV 3/4 Aqua Lines IX 1 Arrow Lines X 4 Atlas Line X 3 ANL 1 1/2 APC Line V 4 APL III 2/3 ASCL837 words
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187 1986-05-23 15 ACCORDING TO documents filed with a London bankruptcy court, Atlanttrafik Express Service Ltd has US$3.3 million in assets agairist $2.6 million in secured liabilities and $23.3 million in unsecured liabilities. The company filed for bankruptcy in Britain in April, two months after it terminated its service187 words
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350 1986-05-23 15 Lloyd's List UNITED STATES liner operator Lykes Lines is asking US$236 million for the six 3,010-TEU "Pacific" class newbuildings ordered from Japanese yards. Lykes's move to seek a buyer coincides with APL's recently announced plans to spend $500 million on new tonnage, containersLloyd's List - 350 words
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235 1986-05-23 15 MR ALLEN BROOKS, vice-presi-dent of Offshore Data Services, has testified before the House Merchant Marine and Fisheries Committee that an import fee on oil would achieve little for the offshore oil industry. He rejected the tariff without legislation, saying that235 words
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Article74 1986-05-23 15 AFP AN ADVISORY panel to the Japanese Transport Minister is to recommend a 20 per cent cut in Japan's shipbuilding capacity to cope with a recession in the industry, government officials said on Wednesday. The recommendation will be submitted to the Transport Minister in lateAFP - 74 words
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230 1986-05-23 15 ANDERSON Greenwood (UK) has designed a range of pilot-operated safety relief valves for overpressure Erotection on board quefied gas tankers. Called Series 90, the valves will either "pop" or modulate in an overpressure situation. Preset automatic resetting devices are optional, and230 words
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167 1986-05-23 15 FT VICKERS, the newly privatised warship yard in Cumbria, is joining forces with Foster Wheeler of the US to bid for the management of the naval dockyard in Devonport, in south-west England. The British government had told Foster Wheeler it would haveFT - 167 words
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Article187 1986-05-23 15 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 Container187 words
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87 1986-05-23 15 BY THE END of the month, regular monthly sailings will be operated between Korea and Australia by Han Lim Shipping, a subsidiary of Korea Shipping Corporation. Three bulk carriers chartered from Korean Maritime will be used to cover the ports of Pusan, Mokpo, Kobe,87 words
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Article4417 1986-05-23 16 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 a4,417 words
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Article713 1986-05-23 21 shbt RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Arrival for LCL movement Voy dote/time Operator cargo schedule Location E Obtain 006W 23.586 2300 G Asia F1 1400-1500 N2 As Plutus 212 23.586 2300 IAPL F1 1400-1500 W5 Tokari II 2424 23.586 2300 Cahaya Sam713 words
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Article421 1986-05-23 21 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Gofa Mountain Koto Berlian Kota Wijaya Ocean Razor Shoun World Str Venture Wah Fai Ak Harmony Builder 3 Hugheverett Kota Angkasa Lampung L Petaling 2 E'tern Glory Kap Mezentsev Seree II Star Glory K27 K30 K3I K32 K17421 words
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Page 13 Advertisements
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Advertisement767 1986-05-23 13 liiimlu is l l It 1 M I )j< if >! |<n Concise Comprehensive Contemporary at a« 9°^ OOCL Ok|intOveiqeas Mmi Line STRAITS EUROPE EXPRESS SERVICE lADDK SWtMC MOCK (leg 2421 M/ OOK) 70 Shenton Way #04 03 Mafma House Singapore 0207 TH *****11 TUEX NO RS ***** CPS OffCE767 words
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Advertisement70 1986-05-23 13 TWO YEARS AGO, Plotou were entertaining the idea of relocating to London, but a new vitality encouraged the company to move into new offices a few kilometres from the centre. Pag« II LYKES LINES is asking US$236 million for the six 3,010-TEU "Pacific" class newbuildings ordered from Japanese yards. Pag«70 words
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Advertisement1054 1986-05-23 13 The Ttme Manager Seminar For more details call *****00 FAST TRANSIT TO MIDDLE EAST SINQAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS Penang Vmml Voy IS* por« EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA •or »/5 1600 HRS CfS 25/5 2100 MB T AC/SEA1,054 words
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Page 14 Advertisements
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Advertisement216 1986-05-23 14 > t I f /V It YAMASHITA-SHINNIHON LINE *JM H JJj THAWS-PACIFIC SERVICES Pacific South West I Pacific North WMt I Atlantic/Canada FMdtr at Kao I Feodor at Kao I Feeder at Kobe iiirME iiiMMjrwiTOJEMEgiggißMaiß ii i T—^■ff77Mr7»ff~T^r7Mryjr7ig ■unnnn for USA Ports. 'Portland via SoaMo MIDDLE EAST Full Container Service216 words
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Advertisement150 1986-05-23 14 Mm kc*** ca*n tm IWa (IM). 1 France. (MM. SMIa mi Sao Hap at I. Mfolet. TO: CARIBBEAN CENTRAL ll'" CJMKM Aruta Curacao Bndfetom PMtpsbort P»t Spam Hamtton. Kmpton St Mms. Basse Terra. Castries. Fort 4e France. Point A Prtre Port an Prince. Nassau Freeport St Georfes Georjetowii C. MEMH150 words
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Page 15 Advertisements
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Advertisement937 1986-05-23 15 The Straits Steamship Group weS* Mansfield Container Shipping PteLtd STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Overseas Containers Limited CONTAINERSMP SERVICE TO UK/CONTINENT TOUO EXPRESS KITMD MMRJ OSAKA MT BREACH EXPRESS XORR.OON MT MM MMRJ an Of EDNURGM FRANKFURT EXPRESS TOKIO EXPRESS KIT WO MMU Spot PlUq937 words
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Advertisement587 1986-05-23 15 Franco Belgian Services ffa i r I ,i*t b r*n* h >»*r w« it h /i.l n h i r 1«. 1« rr> rr* (MFMBER OF ACE CONSORTIUM) ii_ CHARGEURS HAVRAISE MEDEX LINL Am (ME6 CLUB MEMBER) CHA RGEURS RE UNI S f.*• SEMI CONTAINERISED SERVICE TO IVEST AFRIC SINGAPORf587 words
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Page 16 Advertisements
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Advertisement558 1986-05-23 16 Hapag-Lloyd TO CONTINENT/UK S pare PKetaif Ston Tokn Eipreu 24/5 26/5 10/6 Mmm 26/6 Mm Mam 27/5 23/5 17/6 Ouki Bay 4/6 C/S 24/6 Bremen Eipreu 11/6 13/6 1/7 KM4mi BIT »/7 Hie Mara 2C/t 21/6 17/7 City of !Mi|t 4/7 </7 25/7 Frarttart Eipreu 11/7 13/7 2/1 Teto Eipreu558 words
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Advertisement100 1986-05-23 16 K.&.line tOS(M P0 %c FULLY CONTAINERISED SERVICE CHM CONTUOI 35* CJ» PMB 5W i'll'ir 1 1 FROM EUROPE VIA SUEZ Member of the Ace Consofltum fUtLY CON I fllN£ RISED 10 (ROM NORTH AMERICA WEST COAST fat/Mono Kssa OCH 4C/KWI 5* Rll 3X/KWV 3X NC 34E/KNO S2f KCH 2S/KIW 471100 words
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Advertisement659 1986-05-23 16 0L Hai Sun Hup Co (Pte) Ltd m TEL *****06 (20 Lines) TLX RS ***** RS ***** IML INTERMARITIME LTD K Kaubaki (Sub Agent) Td 22ISM Jakarta (Si* A(ent) Tat; (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM Skan SP PK fl KU DM Q CT 24/5 3/6 4/6659 words
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Advertisement727 1986-05-23 16 m EVERGREEN Full Container Service Round-Th«-World East Bound (FE/CARIB/USEC/EURO/FE) SGP MKG TVER GUM h Port 26/5 TVER GOVERN 1/6 4/( fver glory yt 0/6 F«l» Of TfD 12/6 IC/C EVER GOOOS 20/6 24/6 EVER GRAND 26/6 30 t EWR LEWI 3/7 7/7 MSO ACCEPTORS CARGO TO 1) PROVDENCI WWARK SAVANNAH727 words
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Advertisement242 1986-05-23 16 CIS I NOSE MARITIME PTE LTD El ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICES Sngaport Ludn( tar KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC STORE PKeianf Load* tar Kyowa Cosmos 7/6 iayapura. Hewak. Lac, P Moresby, Honiara. Kirta, Rabaul, Noumea 0. Queen 2S/S Lac. Rabuai. Kieta. P. Moresby,242 words
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Page 17 Advertisements
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Advertisement836 1986-05-23 17 \v PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00 Singapore 0106. Tel: *****33 FAR EAST CONTAINER SERVICE VESSEL MAJAPAHIT GOWA KOTA SINGA SIN JKT SBY SIN HKG KAO *TCH KEE BUS In Port 24/5 26/5 29/5 2/6 3/6 5/6 5/6 6/1 4/6 6/6 6/6 11/6 16/6 17/6 16/6 19/6836 words
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Advertisement90 1986-05-23 17 m THONG SOON AGENCIES PTE. LTD. #09-07, Robina House, S'poreolo6 Tel: *****88. Telex: RS ***** BOOKING: *****88 (DIRECT LINE) SINGAPORE TO PENANG SINGAPORE TO SABAH PORT SKK 12/86 24 May 26 May K Kinabalu SKK 13/86 2 Jun 4 Jui K Kinabalu SIB 2/86 24 May 26 May Labuan SINGAPORE90 words
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Advertisement756 1986-05-23 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT Irt* Eipress Kit mo Mara Osaka Bit Bremen Eipress Aowtoon Bar Rhne Maru City #t IMip Frankhrt Eiprns lo*» Eiftni Kitano Mm EXPRESS CONTAINER SERVICE FROM UK/CONTUNT PKIANG STOKE FOR 23/5 HKG r«N 26/5 BU. KB NG IK 30/5 31/5 HKC. TUN756 words
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Advertisement575 1986-05-23 17 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. GESURI LLOYD P.T. SAMUDEM INDONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE S'pare Genu BM>ae Lt Haweldn Adam/RdamHlwi GANDA BHAKTI' Vl5-NB 61/6 3/7 10/7 13/7 15/7 16/7 20/7 Spare Bftao Adam/Rdam Han*w{ Bremen MATARAM' Vl5-NB 20-22/S 15/7575 words
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Advertisement432 1986-05-23 17 BOUSTEAD SHIPPING AGENCIES <mak BURMA FIVE STAR SHIPPING COBPORATIOIi (Burmese National Line) Loading for Rangoon Spore PKeiant Peru* Banffcofc *21/19 May 21/29 May 4/5 km 19/12 21/22 BANK LINE EXPRESS SEMLCONTAfO Bj SUTNAT V 24 AUNGZEYA V 393 HTOIGYWA ****** P»GAN V99N PA-AH *95* *o»sch*pnf (My V* NORTHBOUND TO UKC432 words
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Page 18 Advertisements
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Advertisement1156 1986-05-23 18 USA CANADA ATLANTIC COAST (Round The World Service) [i K LINE KAWASAKI KISEN KAISHA. LTD. N JADE V 2 0 MNSTER V2S 0 KNKHT ¥27 N GARNI! V 4 PACIFIC COAST I PACIFIC SOUTH WEST I PACIFIC NORTH WEST FEEDER VSI ST PK PN Sf> MOTHER VSI T/S PORT LA/LB1,156 words
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Advertisement856 1986-05-23 18 /Ie AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers P Aetang I liner Vessel CAIABAR V ?fe 17 ton ESTECIIPPfR Vb 1 lul ISUCtIPPf R V 6 Auf RAAIDAS »23 1? km J) u n 7 W CHANOIOAS V? 0 ton 13 lul 21 lul RAVIOAS V 32 6 Jul ?1856 words
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Advertisement798 1986-05-23 18 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 73. 1«M Atk Street SKGAPORf 0104 HI 5343*11 (II IKS) STRAITS/PERSIAN GULF SERVICE: MXMN HAVEN Colombo Karachi Bomba, Dutw. GOLDEN CITY Colombo Karach. Duba. B,»hr»n CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA SEIi-CONTAINER/ COUVEIITIOHAL SERVICE P.KELANG PENANG DCSTKATION I798 words
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Advertisement554 1986-05-23 18 INTRASEA (PTE) LTD 10 Anson Road »27 1 6 International Pia/a Singapore 0207 Tel *****1 1 (10 Lines) <► BREAKBULK SERVICE TO EUROPE/UK P PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22 (8 LINES) TELEX RS ***** PHILI NEEKtT Id t fa ETA STORE sawcf ■ouwi rat FM-EASt PORT RED SEA554 words
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Page 19 Advertisements
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Advertisement708 1986-05-23 19 &.NOL NEPTUNE ORIENT LINES LTD R NEPTUNE AGENCIS PTE. LTD Mh*. Tern-al CfS W0«« 27W.77 »IWySM *****77 *****22 *****53 OR DMECT LWS 27*5753 27*5742 I Bji*u HARPER WRA SON. BK> P Mang HARPER WfIRA SON BHD P to,, HARPER NKA SON. BHD Pmanj HARPER WltA SON BH> I3W FOR TPA/SEA/SAS708 words
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Advertisement352 1986-05-23 19 HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG. PENANG, BUSAN, INCHON Kis Mi 7 Oorum/fMN No 9 Dorian 604N No Donan'MSN No I Oonan (04N No 7 Donjm 60SK No 9 Donan &0W No i Donan/MCN No I Donan/MW General Survey at Godown PPW PIC an 24/5/88352 words
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Advertisement550 1986-05-23 19 sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Sin(apore 0104 Telephone Numbers *****33 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG PENANG X S f M S2 T SSS WSJ? USES! 100 m THONG SHWN6 127 Street Penang550 words
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Advertisement111 1986-05-23 19 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37 Somerset Roed. #06-01. Ng T»ow Yhee Oldg S por« 0923 Tel 235 8444 |4 lines) Port Kelanj lija Pina Shipping Sdn Bhd Tel 03 J890.'4 S Penanj Malaysia Trade Transport [Id Tel 04 61 7893 Pas# Gudanj Malaysian Shipp«ig111 words
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Page 20 Advertisements
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Advertisement351 1986-05-23 20 ifflff REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) VESSEL PtYA BHUM TO SOUTH THAILAND SMGAPORE imi Liifil hil'/l m MALACCA STRAITS FEEDER SERVICE TWICE WEEKLY TO PENANG/WEEKLY TO P.KELANG/FORTNKHTLY TO BELAWAN dl 1 rTB7n^ITJWEgMrHMfTIEIBffI Also icceptnt LCL (tramhpment and local) for PK/PNG BENGAL BAY CONTAINER FEEDER WEEKLY TO CALCUTTA/CHALNA/CHITTAGONG351 words
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Page 20 Miscellaneous
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Miscellaneous146 1986-05-23 20 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wove height LEGEND R Thunderstorm Temperature c Shower Weother —V Wind direction with speed in knots Roin Cloudy Sky W V h^h Surfoce winds ore indicated by arrows which fly with the wind One146 words
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Page 21 Advertisements
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Advertisement180 1986-05-23 21 SERVICE TO MADRAS STORE MADRAS MV ROWJAY 15/6/86 25/6/86 AGENTS: KYC UNE (S) PTE LTD TEL: *****77 (I UNES) TELEX: *$***** KYCI BOOKMG: *****97/*****93/*****10 AQUA LINES LTD DHAKA SERVICE TO CHTTTAGONG/CHALNA STORE CMTTRGONG MV TAHASJN BOESH FUG 1/S/S6 14/6/86 AOENTB: KYC LINE (8) PTE LTD TEL: 535*77 (I LIES) TELEX:180 words
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Advertisement212 1986-05-23 21 £bt£ ETO Spore 21/5 11/6 21/6 ETA BBY 5/6 19/6 29/6 UNIPACIFtC TRANS A TRADING AGENCY PTE LTD S>rt I* 53M344 (7 Hon) P.Klang Tafc 3MMII TFS INTERNATIONAL NvOCC LINE Operator TRANSOCEAN (Ml SDN. BHD 62 Weld Quay (2nd tlr ***** Penanq TM *****5. *****5 TU MA***** TFSPG fax No212 words
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Advertisement388 1986-05-23 21 GLORY NAVIGATION GROUP REGULAR TAIWAN TO SINGAPORE I ASEAN DIRECT WEEKLY TO PORT KELANG/PENANG •AT ATTRACTIVE RATES* 6 VESSELS OF LOG CARRERS 5 VESSELS OF BRAND NEW TWIN DECKERS 00 REGULAR UNER SERVICE FROM TAIWAN TO SNGAPORE AND W. MALAYSIA BULK CARGO FROM SOUTH-EAST-ASIA TO TAIWAN; HONGKONG AND THAILAND. ABLE388 words
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Page 22 Advertisements
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Advertisement564 1986-05-23 22 at EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT EUROPE is una stoh rxoMt KUMRM 1/11 tm 5/6 tm 13/14 k* FOR: UK. HTM, «CG BMW. m PttlklK SWK BANGKOK FMN llAinn »lb? 27 K>r 5/6 k. 31/3 k» «t BMW. HULL MtMM 12/13 tm 14/15 k*> 18/17 k* 19/23 ka564 words
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Advertisement482 1986-05-23 22 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. 2****** (3 LINES) TLX NO. RS ***** HEAPCO FULL CONTAINER SERVICE TO KOT NO SPOK I V4C3M 24/25 M>r »444tt 27 May 21 Mai V4CSK 31 Mai 1 taw V4CUC 2/3 km taw482 words
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Advertisement614 1986-05-23 22 C.Y. LINE (A Mtmbtr 01 The ACE Consortium) CHO YANG SHIPPING CO. LTD FULLK CONTUCMSCD SERVICE TO EUROPE (VM SUEZ) CHMA CONTAMR 35W C R PARIS b* HONGKONG CON TUMI SON sp*» a/5 «/t U/( ItMarvt Ida* Film Hbuj Br"" Arfwwp IS/C 17/6 19/S 21/6 22/6 24/6 ?3/S 24/ C614 words
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Advertisement966 1986-05-23 22 Everett Lines i COMPANM PERUANA DC VAPOKEES (CP.V.) "PERUVIAN STATE LINE" loadwi( lot Cilljo Mataram do *nd J* other Pnuman ports intti transhipment *t Koto On CPV through Ms ot lading to Itnal destination Penanf* P. Ketanf MURRAYEWRETT THOMASEWRETT HUGHEVERCTT Satfapor t 29/30 May 8 9 In 21/23 Jun "EVERETT966 words
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Advertisement295 1986-05-23 22 ZIM NON-CONFERENCE BBEPENDENT FVU CONTMO SERVICE acctpfcif Fa/ICI c*|o« to USA lid mwl Cist. C«r*fc«»U«rt Cauda mt HOT MM EILAT CONTAINER LINE hm rt «a m w m meuoum »/s n/« im m OJIT 15/t 2J/« 4/7 7/7 11/7 14/7 Accepting PCI Emptw Mi IMtanm* Nrts Mm LCL/FCL to d295 words
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