The Business Times, 26 May 1986
1986-05-26
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The Business Times
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Title Section12 1986-05-26 1 BUSINESS TIMES M.C. (P) No. 192/12/85 MONDAY, MAY 2S, 198« 75 CENTS12 words
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Article, Illustration461 1986-05-26 1 LOH HUI YIN - By LOH HUI YIN LEGAL ACTION will be taken by two Singapore ballbearing manufacturers against the European Community to get a refund of duties they have been paying to the EC. Minebea president Takami Takahashi said the refund being claimed by461 words
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Article54 1986-05-26 1 One of the fastest growing forms of marketing in the US is direct mail. But in Singapore, it is still a fledgling industry. Is there potential for growth? Or are the risks of failure too great? Find out the answers on Page 3, also BT's fortnightly54 words
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123 1986-05-26 1 Bernama ASEAN HOPES the launching of the Global System of Trade Preferences (GSTP) will open the door for economic cooperation* among developing countries in a limitless number of areas. Speaking on Asean's behalf at GSTP's launching in Brazil on Thursday, Malaysian TradeBernama - 123 words
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229 1986-05-26 1 SINGAPORE MADE a mistake when it switched to the hightechnology industries policy, says the president of Minebea. Takami Takahashi feels that there cannot be clear-cut lines drawn up on what is considered high-technology and what is low-technology labour-intensive industries. He says that229 words
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420 1986-05-26 1 CHUANG PECK MING - Joint venture with North Atlantic Industries By CHUANG PECK MING A JOINT VENTURE that will result in investments of more than $30 million and annual sales of $135 million in the next five years has been set up by Singapore-based Seavi and North420 words
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124 1986-05-26 1 AP PRESIDENT Corazon Aquino has named an assortment of politicians, prelates, jurists, labour and peasant leaders to write a new constitution, but left five seats open for the party of exPresident Ferdinand Marcos. Mrs Aquino also appointed educators, two Muslim leaders, human rights activists,AP - 124 words
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403 1986-05-26 1 FOO CHOY PENG - By FOO CHOY PENG, Chi«f Reporter AN APPLICATION by Singapore's industrial standards authority to become a full-fledged quality controller of the Japanese seal of quality on local exports is to be submitted to Japan soon. The Singapore Institute of403 words
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Article68 1986-05-26 1 Reuter AUSTRALIA will stop giving priority to Vietnamese boat people because an increasing number were leaving their country for economic rather than political reasons. "We are determined to ensure that the very scarce resources Australia has available to respond to the needs of genuine refugeesReuter - 68 words
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190 1986-05-26 1 AFP HANOI HAS SENT military reinforcements into Cambodia in advance of the imminent withdrawal of some Vietnamese troops, says the main Cambodian resistance group. The pro-China Khmer Rouge Radio, monitored in Bangkok yesterday, said that reinforcements had been arriving since early May,AFP - 190 words
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Page 1 Advertisements
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Advertisement148 1986-05-26 1 For a better rate on your C all Deposit W\VFOO\(, 737-7977 LT) W&> lixmg Mortgage \ikl hnance (S) Ltd A holly-owned subsidiary ot Hongkongßank It C laymore Mill lavmore Pla/a Singapore IN2- G-77 launch** trade system, Page 4 PORTABLE r VIDEO PROJECTOR Introducing the world's first truely portable video projector.148 words
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Advertisement310 1986-05-26 1 Avant-garde musicians seem to make it their purpose to provoke audiences. And Margaret Leng Tan (left) is very good at it Page 9 Brewster's Millions is o liability in the Slity deportment. American excess story is just that too much of nothing. Spies Like Us is much better, but JAIME310 words
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Advertisement175 1986-05-26 1 ft I II A-ONE BOUTIQUE PTE LTD LIANG COL*T CO**>l£* 177 «iV€» VAU.O «OAD UNIT 0? if SINGAPO«€ 061T TELE* PS3MO6ACC& TCL' QMM 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 your175 words
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MANAGEMENT
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Article, Illustration1046 1986-05-26 2 MARTIN SOONG - By MARTIN SOONG LARRY CHARLES FARRELL leans forward intently on the edge of his mahogany desk. His eyes are riveted on yours. His fingers, with manicured and buffed nails, are firmly intertwined in front of him. He is poised for corporate combat. His1,046 words
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Article, Illustration964 1986-05-26 2 THE LOW LEVEL of labour mobility in France means that picking the right person for the right Job, or the matching of a candidate's personality to the company mentality, is of special importance. One method of finding more about potential employees being used by more964 words
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FRONTIERS
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Article, Illustration143 1986-05-26 2 UPI PEOPLE who drink lots of coffee, tea and colas may develop a tolerance for caffeine that prevents them from feeling an effect from high doses of the drug. Stephen Holtzman, a professor of pharmacology at Emory University, fed laboratory rats high doses of caffeineUPI - 143 words
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229 1986-05-26 2 New Scientist PSION has launched a hand-held machine with a performance equivalent to that of many desk-top computers. The Organiser II is one of the first British machines to make use of sur-face-mounted technology a new way of sticking chips to printed circuit boards. TheNew Scientist - 229 words
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Article99 1986-05-26 2 SUSAN FARRELLY of New York, who has worked extensively in the apparel industry, notes that retailers want their own labels on clothing offered for sale and are reluctant to display manufacturers' labels. She and George Spector, a co-inventor, have been granted patent 4,576,668 for a way99 words
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Article77 1986-05-26 2 A SPEECH recogniser has made possible a new dial-by-voice car telephone. Three staff scientists at ATJkT Bell Laboratories have been awarded patent 4,587,670 for the mathematical procedure, which is said to eliminate 90 per cent of the computation previously required to identify spoken sounds. The new cellular phone77 words
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Article68 1986-05-26 2 JURIS MEDNIS has been awarded a patent for a package of rectangular containers that are offered as substitutes for bottles. Patent 4,570,799 is assigned to Universal Symetrics Corp, Howell, New Jersey, which Mednis serves as the board chairman. The plastic containers fit compactly together and, when pulled68 words
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Page 2 Advertisements
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Advertisement402 1986-05-26 2 Boost your company's productivity with TELEPHONE MODEM MODEM TELEPHONE MODEM MODEM JURONG SHENTON WAY CHANGI Multi Link Advanced and LANlink, and I I Multi Link Advanced and LANlink are two WyflJU I mm mm software-dnven networks designed for IBf 1 Blf 1L > IvV VI I#l microcomputers to boost your402 words
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Advertisement75 1986-05-26 2 BOMBAY on AIR-INDIA'S EXECUTIVE CLASS •t *1 --a Occupying more than 1 million sq ft of seaside land with 84% devoted to: Olympic-length swimming pool and wading pool 4 tennis, 4 squash and 2 badminton courts Barbecue huts Children's adventure playgrounds Clubhouae with gymnasium, exercise room, billiard room, saunas and75 words
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ADVERTISING & MARKETING
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Article, Illustration553 1986-05-26 3 HOW DOES a French baker turn a frozen dough wholesale business into a cheerful chain of cafes? Well, for a start, it would have to avoid the fast-food label. "The recession shows what works and what doesn't. It used to be that everyone wanted to553 words
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Article, Illustration1600 1986-05-26 3 MONICA GWEE - Direct marketing is big business in the United States, but it is still very much a fledgling industry in Singapore. MONICA GWEE checks out its potential. MONICA GWEE WORD HAS IT that direct marketing has taken off like a missile and exploded into a US$l5 billion a1,600 words
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Page 3 Advertisements
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Advertisement143 1986-05-26 3 T^TMTM^ SUPER VALUE PACKAGES FOR THE BUSINESSMEN CUM PLEASURE TRAVELLERS WORLDWIDE HOTEL RESERVATIONS •Rrst Class Hotel at contracted rates from $36 per person per nite •Malaysia Hotel from $17 per person per nite USA AS U LIKE •4 nites accommodation airfare $2080 •7 days Greyhound Ameripass airfare $1999 Campervans $145143 words
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Advertisement185 1986-05-26 3 Just 20,000 miles and you're flying free. Join the people who hnow. -*r v. ,V-\X w No airline gives you free trips faster than Northwest Orient. Not United. Not Singapore Airlines. Not anybody. The Northwest Orient Free Flight Plan is the best in the business. Just 20,000 miles and any185 words
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OVERSEAS
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394 1986-05-26 4 Move to increase Third World cooperation FP THE GROUP of 77 developing countries has officially launched a system of Third World trade preferences which could greatly increase cooperation among developing nations and strengthen their position against the industrialised world. The Global System of Trade PreferencesFP - 394 words
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133 1986-05-26 4 UPI THE BRAZILIAN tourist industry wants US tourists who cancelled trips to Europe because of fear of terrorism and the Soviet nuclear disaster to come south. Riotur, the Brazilian tourism authority, announced a US$2 million campaign to bring Americans to Brazil, where, it says,UPI - 133 words
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392 1986-05-26 4 NYT AFRICAN COUNTRIES will need twice as much annual foreign aid as they are getting now and sweeping internal policy changes that free private initiative if they are to pull themselves out of an economic crisis, according to a study byNYT - 392 words
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216 1986-05-26 4 AFP A TOTAL of 38 US corporations had ceased their operations in South Africa in 1965, and 10 more were planning to pull out by the end of this year, the pri-vately-sponsored Investor Responsibility Research Centre (IRRC) said in a report publishedAFP - 216 words
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137 1986-05-26 4 Reuter A THESIS doubting the existence of Nazi gas chambers during World War n and its acceptance by a university unleashed a storm of protest across France on Saturday. The Western University of Nantes awarded a doctorate of philosophy a year ago toReuter - 137 words
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220 1986-05-26 4 Reuter US DEPENDENCE on oil from the Organisation of Petroleum Exporting Countries (Opec) has increased because of lower oil prices and greater demand for imports, Senator Lloyd Bentsen said. A study by the Congressional Joint Economic Committee found that US oil importsReuter - 220 words
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135 1986-05-26 4 AFP WASHINGTON'S handling of the air strike against Libya and the treatment of the Soviet Union in the "Rocky" and "Rambo" films were fiercely criticised in a report presented on Saturday to the North Atlantic Assembly. British Labour MP David Clark said itAFP - 135 words
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399 1986-05-26 4 Reuter NEW ORDERS for US-made durable goods fell 0.8 per cent, or US$9OO million, in April from a month earlier, the Commerce Department said, sending a ripple of nervousness through currency markets. But Commerce Secretary Malcolm Baldrige said in a prepared statement he wasReuter - 399 words
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Article, Illustration56 1986-05-26 4 Two demonstrators wtaring anti-radiation clothes protesting with thousands in Paris on Saturday against ths French government's information policy. The passion of the Parisians was stirred by the recent Soviet nuclear accident in Chernobyl. The demonstrators were asking for more information in case of future accidents inReuter picture - 56 words
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177 1986-05-26 4 UPI AN OPERATOR'S "human error" in experimenting with reaction control rods may have triggered the Chernobyl accident that turned into the world's biggest nuclear plant disaster. The weekly Observer newspaper said on Saturday that Soviet and international nuclear investigators believed the mishap, which sent aUPI - 177 words
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310 1986-05-26 4 NYT NEW YORK CITY Transportation Commissioner Ross Sandler is trying to find the right car-im-mobilisation device for the city's "scofflaws" people or companies with three or more unpaid parking fines over 18 months. Mr Sandler's department last week started testing the top contenders forNYT - 310 words
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341 1986-05-26 5 FT THE GOVERNMENT of President Corazon Aquino has opted for an expansionary monetary policy in what appeared to be a determined bid to prop up business activity and spur growth in the Philippine economy this year. The central bank initiated the move lastFT - 341 words
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356 1986-05-26 5 Reuter THE LONG-RUNNING ALLIANCE between Japanese business and the Finance Ministry in favour of a tight fiscal stance is showing increasing signs of strain under the pressure of the stronger yen, say businessmen and government officials. The Keidanren, Japan's most influential business group,Reuter - 356 words
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Article344 1986-05-26 5 AFP JAPAN MUST ACCEPT the recent "very substantial" change in yen exchange rates stemming from excessive trade imbalances and Japanese industry must learn to live with the high yen, says a top central bank official. Shijuro Ogata, the deputy governor of the Bank ofAFP - 344 words
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202 1986-05-26 5 Reuter CITIZENS committees in Jaffna, the stronghold of Tamil guerillas fighting for a separate state in Sri Lanka, appealed to President Junius Jayewardene yesterday to stop a military offensive that they say has so far killed 90 residents. "The military offensive inReuter - 202 words
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Article, Illustration275 1986-05-26 5 Reuter RIGHTWING Hindu politicians have asked Prime Minister Rajiv Gandhi to send the army into Punjab to hit back at Sikh extremists responsible for a wave of bloodshed in the North Indian state. National leaders of the influential Bharatiya Janata Party said after aReuter - 275 words
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285 1986-05-26 5 AFP THE US, long considered the protector of South Korea and a source of pressure for democratic reform, has been singled out for attack recently by radicals in the South Korean opposition. The US embassy in Seoul, surrounded by armed guards and plainclothesAFP - 285 words
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116 1986-05-26 5 UPI SQUEEZED by the falling dollar, hundreds of US servicemen's wives and some active-duty servicewomen have turned to hustling drinks as American hostesses in Okinawa's most exclusive nightclubs and sleaziest bars, US and Japanese officials say. US military officials acknowledge the problem, but denyUPI - 116 words
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202 1986-05-26 5 UPI THE SOUTH PACIFIC nation of Vanuatu may shortly begin negotiations with the Soviet Union on a fishing agreement. Speaking after a meeting with Australian Foreign Minister Bill Hayden, Prime Minister Walter Lini said last Friday that such an agreement could include providing shoreUPI - 202 words
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Article804 1986-05-26 5 ARRIVALS Operator Service Local From number time SiA SQI17 0005 KUL UA UA805 0010 JFK/SFO/HKG SIA SQ4I 0620 Maa MAS MH60I 0720 KUL MAS MH68I 0820 KUL SIA SQ43 0820 DHA/KHI SiA SQ45 0850 MRU MAS MH8II 0910 PEN MAS MH671 0920 KUL SIA SQI 03 0950804 words
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Page 4 Advertisements
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Advertisement109 1986-05-26 4 Technology Future Bank Paperless Collections: Automating Documentary Credit Functions june 5-6, Singapore Paperless Collections: Mr Arnold Jedlov, General Manager, Skandinaviska Enskilda Banken has pioneered a Scandinavian thrust towards paperless collections. He is of the opinion that nothing will ever be attempted if all possible objections must first be overcome. He109 words
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Page 5 Advertisements
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Advertisement49 1986-05-26 5 IJI /I Iff Every Tuesday, Thursday, Saturday I |l I\l I I Y and Sunday. Leaving Changi Airport 1 V \jLJL \-L at 22:05 hours and arriving at Bombay at 00:30 hours. Call Air Canada at *****55 or your Travel Agent. AIR CANADA® Business Class passengers •r V- V(P.T.O)49 words
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Page 5 Miscellaneous
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Miscellaneous64 1986-05-26 5 Doonesbury you're TJNGYXJRROOMMATBAS YOUR. PSYCHOLOGY PROVES, AS AN ARCHETYPE. theiueewin THE AGE OF f r~^\JEa?^<*Z^REA&AN. HOW CAN ONE PER- ASTONISHING SON PROVIDE THE BUT TRUE. I'M DEFINITIVE MODEL WILLING TO FOR A DISORDER? STAKSMY GRAPE m 3 m BY GARRY TRUDEAU MAY I PLEASE. FOR BUT MY SPEAK RESEARCH PUR-64 words
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Page 6 Advertisements
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Advertisement99 1986-05-26 6 >■•*< 4 r ~.rW^MPml $■'«+ss&- i-S t Hi •r*' ;s^r■Hi 3 ..m 9® I 11 ill Hi I 11 ll ik B|| II II li Mi 5 la a i II II II m i* u m r i is 8 c Wli rr SI '1 >11 ft 111 II99 words
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SPORTS
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Article, Illustration231 1986-05-26 7 Reuter STRIKER Mark Hateley scored an opportunist goal to give England a 1-0 victory over stubborn Canada in a final warm-up for the World Cup soccer finals. But England, unbeaten in its last 12 games, paid a price for victory on Friday when itReuter - 231 words
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Article140 1986-05-26 7 UPI EUROPEAN champion France had a player sent off on Saturday and the World Cup hasn't even begun. Midfielder Luis Fernandez received his marching orders in the 34th minute of a warm-up match against the Mexican National Junior team in which France was lucky to escapeUPI - 140 words
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Article300 1986-05-26 7 Reuter SWEDEN squeezed into the World Team Cup tennis final against France on Saturday when it beat Switzerland 3-0 and fellow "Blue Group" contender Czechoslovakia lost to Australia. The Swedes, pre-tournament favourites before losing to Czechoslovakia in their roundrobin qualifying group two days ago, saw fortune smileReuter - 300 words
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Article201 1986-05-26 7 AP NORTH KOREA will host some events of the 1988 Olympic Games to be held in Seoul, South Korea, the Sunday Observer reported yesterday, quoting unspecified "intelligence sources". The respected British Liberal weekly predicted that the "splitting" of the Games between two countries willAP - 201 words
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538 1986-05-26 7 UPI CARL GRINSTEAD, breeder and co-owner of Preakness Stakes winner Snow Chief, snorted sarcastically at the suggestion that his colt is the only speed horse in the field of 11 entered in the US$l million Jersey Derby today. "I'veUPI - 538 words
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Article, Illustration664 1986-05-26 7 WALTON MORAIS - By WALTON MORAIS SIXTEEN-YEAR-OLD Chan Kwai Onn took the first step towards realising his abundant potential when he won the Singapore Island Country Club matchplay championship at the New course yesterday. The seven-handicapper kept his nerve to beat Gerald Loong664 words
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Article, Illustration289 1986-05-26 7 Reuter AMERICAN Bob Smith, stealing the spotlight in the twilight of his golf career, gave a masterly display of putting to seize a share of the half-way lead in the British PGA championship on Saturday. Smith fired a second round 69 for a three-under-par total ofReuter - 289 words
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179 1986-05-26 7 AP LEE ELDER of the United States, who led all the way, won the U*****,000 Coca Cola Grand Slam Golf Championship six strokes ahead of compatriot Miller Barber yesterday. Elder completed the four-trip at 273, 15-under par, after shooting 71 over the 6,660AP - 179 words
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Page 7 Advertisements
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Advertisement105 1986-05-26 7 Finnair It's a well-kept secret but nevertheless it's a fact More legroom in Business Class than ■a any other airline. with all this legroom Finnan: I AnH what'*; mnrp ni ir inflioht v V. V .4 :V. v.. And what's more, our inflight cuisine has won the highly acclaimed ChaTne105 words
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FEATURES
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Article, Illustration1326 1986-05-26 8 JOHN BURNS - Move necessary to maintain impressive growth rates Taiwan is redirecting its efforts towards technology-intensive industries, a shift seen as necessary for the country to maintain its impressive growth rates. JOHN BURNS reports. JOHN BURNS NYT FIVE YEARS AGO, at an age when many successful American executivesNYT - 1,326 words
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1080 1986-05-26 8 AHMAD FARID JAMALUDDIN - By AHMAD FARID JAMALUDDIN Bernama THE PERENNIAL tussle between employers and unionists in Malaysia seems to have zeroed in on contract labour a system which unionists claim deprives workers of their rights but which employers say gives workers the incentive to work harder. ContractBernama - 1,080 words
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Page 8 Advertisements
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Advertisement644 1986-05-26 8 MADRAS on AIR-INDIA'S EXECUTIVE CLASS BANKERS TRUST NEW YORK CORPORATION AND SUBSIDIARIES Incorporated with Limited Liability in the I'.S.A. Consolidated Statement of Income Bankers Trust New York Corporation and Subsidiaries Interest Income Loans Interest-bearing deposits with banks Federal funds sold and securities purchased under resale agreements Trading account assets Investment644 words
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Page 8 Miscellaneous
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Miscellaneous16 1986-05-26 8 Rn Stc*\T: PtanJc Dicier* P>MD GG.NTL£.mGM COMCLOD6S -me rnCfcTiNQ.! (U)nu TO tASTyu-li I rOONOP»>fs RTtfenPTeD .coup.16 words
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THE ARTS
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Article, Illustration567 1986-05-26 9 JAIME LYE - JAIME LYE reviews films Brewster's Millions and Spies Like Us JAIME LYE HOW TO spend $30 million in 30 days and not have any assets to show for it after? Easy. Spend it on a movie called Brewster's Millions and watch it become567 words
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Article, Illustration606 1986-05-26 9 WALTON MORAIS - By WALTON MORAIS DEPENDING ON the point you stroll into a Corky McClerkin Trio session down at Somerset's Bar in the Westin Plaza, you can be excused for thinking that the Trio is a) a poppish outfit b) a fusion group or606 words
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Article, Illustration603 1986-05-26 9 JEFFREY TSANG - By JEFFREY TSANG PROVOCATION appears to be the main purpose of avant-garde music. Provocation to think, to feel, to express. And provocative Margaret Leng Tan's music certainly is. "Most people are either appalled by my music or very turned on. But few, very few,603 words
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487 1986-05-26 9 MARIE DAVID - By MARIE DAVID IN THE SOVIET UNION, news and other information are controlled and distributed as an-in-strument of State policy. Information is power, and the Russians know that only 7 too well. -t Given such an approach to information, television and r&dio487 words
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Page 9 Miscellaneous
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Miscellaneous1136 1986-05-26 9 to sm mm The cool facado behind sinister svsnts. THE BLACK TOWER (debut) 8.30pm, Channel 12 Sinister events are happening at the Toynton Grange Nursing Home, run by a Wilfred Anstey. Arriving unexpectedly in the middle of them is Chief Inspector Adam Dalgliesh. Wounded, the Inspector is invited by an1,136 words
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Miscellaneous573 1986-05-26 9 EASY PUZZLE SOLUTION TOMORROW CRYPTIC PUZZLE ACROSS 1 It may crumble in one's beord (5) 6 Place for burrowers? (5) 9 Expunged, as it permitted m a document (7) 10 President writing to a girl (5) 11 Love the sound a door mokes (5) 12 Jester's (ingles? (5) 13 Athletic573 words
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INTERNATIONAL STOCKS
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279 1986-05-26 10 FT, AFP MAJOR JAPANESE electronics exporters last week announced sharp declines in profits, largely as a result of the steep appreciation of the yen against the US dollar. Toshiba last Friday reported a 44 per cent slide at the pre-tax level for the year endedFT,; AFP - 279 words
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229 1986-05-26 10 NYT RH MACY t CO, one of the largest retailers in the US, has reported a 48 per cent rise in net income for its third quarter ended May 3, over the similar quarter a year ago. The department store chaii which is involvedNYT - 229 words
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317 1986-05-26 10 Reuter WALL STREET stocks closed higher in moderately active trading last Friday. Optimism over level interest rates and oil prices, after both had been moving higher, and a reaction to a technically oversold equity market, helped stocks gain ground. "We saw good institutionalReuter - 317 words
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Article100 1986-05-26 10 MAT 23 c$ H unch unch Imp Oil Inco Int Prov P*>« 43* 17* 44* unch lu Intl 21* Kerr Add 16* 13 Bank Nova Scotia 14 V, 39S Mass«y Ferg 3* 29* •fH Mc Bk>de« 34 MoKon A 26* 19 Moore Cp 33* 17* 17 4* 14* Cm6J100 words
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Article191 1986-05-26 10 MAY 23 Rand Un Steel 60 unch Wooltru 1400 25 INDUSTRIALS minings A Alpha 1000 unch 220 5 4400 25 1125 465 55 1800 75 AMJC 4150 Buff eh 7200 1720 unch 1235 -15 2825 250 unch 2500S unch Curnc France 500S Cons Murch 1025 De Beers 2510 +10191 words
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Article653 1986-05-26 10 MAY 23 US» Akon AJumm Alcoa Aleg biti AM Sag Afced Stores Ala-Chalmers Am Broods Inc Am Con Co Am C>anarr»d Am Elec Pxr Am Express Am Home Prod Am Motors Cp Am Tet Tel Amax Inc Amerada Hess Amoco Corp Amr Corp Armco Inc Asarco Inc Atl653 words
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Article835 1986-05-26 10 Amsterdam MAY 23 Fb ABN 597 00 +4 Aegon 110 20 +0 2 Ahold 84 20 0 2 Akzo 177 30 -1.2 152 70 02 AMfV 86 90exd-l 8 113 50 2 5 Am S»od 127 00 +1 29 50 -16 724 00 +2 Buehrman Tetter ode 187835 words
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Article67 1986-05-26 10 FT RENAULT, the troubled French state-owned car group, no longer plans to support financially its factory automation and robotics subsidiary next year. The subsidiary last year lost 40 million francs (U555.73 million). Renault is now looking for industrial partners to take a stake in Renault Automation,FT - 67 words
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Page 10 Advertisements
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Advertisement223 1986-05-26 10 yi INI T As I r W£ ir .V; '3 0, i 8^ n as <)r.f> r. May 23 June 1 Poolside (sth level) Royal Holiday Inn Singapore The spicy, aromatic pleasures of Thai cuisine, presented in true hawker-style by 12 cooks specially flown in from Chiang Mai. All you223 words
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Advertisement165 1986-05-26 10 International Buffet Fashion Fare At: $10.50* ONLY T A j, i n K< m --A #rT Urn -m* m V FERN TREE CAFE The Fare: Besides a sumptuous international buffet, come and savour our air-flown oysters from New Zealand at $1.25 per piece. Daily from 11.30 am to 2.30pm. The165 words
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Advertisement143 1986-05-26 10 s®? i T Emjoy AMtneKitic Shark's Fin Soup elegantly served in a mint tureen and savour over 40 varieties of CMan Xlnsl Xfcs. there is no limit to the amount of Dian Xins you eat' Available at HUANG PALACE from April 18 to May 22 Time llam 3pm (Weekdays) Bam143 words
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Advertisement135 1986-05-26 10 Your chance to become a millionaire during the Malaysian food festival at the FURAMA During the month of May vou can taste some of Malaysia's famous dishes at Furama's Malaysian Festival and get a chance to win a million dollars. May 1 31 at the Tiffany coffee House. Lunch/Dinner $15.50++135 words
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Advertisement142 1986-05-26 10 Stockholm prices were unavailable London stocks on Page 15 u i m mz Pancake $6.50 Marshmallow $7. hu'AW =;<;i 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 3% government tax. STRAWBERRY HUR-MAY7ID3I Prince142 words
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INTERNATIONAL COMPANY NEWS
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Article362 1986-05-26 11 ALVIN TAY - By ALVIN TAY THE NOMURA SECURITIES group has returned record high revenues and earnings during the six months ending March 1986. Operating revenue on a consolidated basis increased to 409.8 billion yen (about 555.3 billion), up 39 per cent over the preceding 12-month term. Pre-tax income362 words
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Article128 1986-05-26 11 UPI JAPAN AIR LINES has said its operational income suffered a decline in the year ended last March 31 due mainly to history's worst plane accident involving its jumbo jetliner last summer. Its domestic service was hard hit by the accident with its incomeUPI - 128 words
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498 1986-05-26 11 AP THE CHINESE and US sides of a joint venture to build Cherokee jeeps in China have reached agreement in principle to resolve a dispute that has threatened to halt production indefinitely. A statement released by the Peking Jeep Corp on Friday said the agreementAP - 498 words
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350 1986-05-26 11 FT LEADING EUROPEAN scheduled airlines have started a campaign to gain access to the US markets on the same scale that American carriers have to the European markets. Concern about access to the US market has become particularly acute in the face ofFT - 350 words
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Article257 1986-05-26 11 UPI IMPERIAL CHEMICAL Industries is investing about £30 million in Japan as part of its drive to increase growth in East Asia. The company is to build a technical centre at Tsukuba, near Tokyo, and a pharmaceuticals manufacturing facility near Osaka. The two developments willUPI - 257 words
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138 1986-05-26 11 NYT THE US Justice Department, in an unusually speedy approval of a proposed merger, said it had no objections to Burroughs Corp's attempts to acquire a rival computer maker, the Sperry Corp. Meanwhile, Wall Street sources said Burroughs and Sperry were talking again on Friday,NYT - 138 words
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Page 11 Advertisements
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Advertisement142 1986-05-26 11 y mm ft* wzm. sr* I Jit gSir.P For delightful dinners with popular local flavours. Enjoy dinner with popular local flavours. Our "Singapore Delights" Buffet is packed with mouthwatering favourites that will definitely get your appetite going Buffet Dinner is at SSI4 00+ per person The Luna Coffee House. We've142 words
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Advertisement127 1986-05-26 11 j as ■< m m gy^feini u l» s >r *> Selected US Prime Beef Cuts. Continental and Game Specialities in a hunter's lodge setting BUSINESSMAN'S LUNCH Monday to Friday $26 50 10% service charge 3% CESS SUNDAY BRUNCH $24 00 10% 3% (adult) $12.00 10% 3% (children) For reservation127 words
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Advertisement153 1986-05-26 11 Q') Paramount Hotel v Where the happy people go •K 3 r <> m n ■v -v e a =S3 Malaysian Food Festival Buffet Lunch Dinner May 15-31 Adult: $14 Child: $10++ SPECIAL FEATURE Friday Vogue May 16, 23 &30 Showtime: 1.15pm k LEVEL 4, Paramount Hotel, Marine Parade Road,153 words
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Advertisement49 1986-05-26 11 e u > M For an evening of light jazz, sentimentals, new wave and Solid Gold hits, beat a path to the Act I Lobby bar. Music from 6.30 pm to 1.00 am (3.00 am on Saturdays.) ff///*//>/*// di ff/> S'flrwrtK/t UJ tMMpN* ktkrtnAimafiaffnn V') Odurd Rmil. Smtllinß Tel **1149 words
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Advertisement225 1986-05-26 11 SflOkvUM >1 I 9 r JAPANESE RESTAURANTHOSHIQAOKA SARYO y»L 2nd Floor, Apollo Hotel. .7.w Havelock/ Outram Roads. Singapore 0316 HOSHIGAOKA SARYO Tel: *****81 Ext. 925 I*l Peking 4 Sichuan Restaurant OTH ANNIVERSARY SPECIALS $128++ (For 8 persons) PEKING DUCK Set Menu Salted prawns Fried mushrooms In egg whit* Sliced Peking225 words
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BANKING AND FINANCE
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337 1986-05-26 12 Union Bank of Switzerland UBS last WEEK, the foreign exchange markets saw the strong advance of the US dollar. The dollar's rise was triggered by a change of monetary policy in the US Administration which freed it from an uncertain bearish undertone. There wereUnion Bank of Switzerland; UBS - 337 words
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Article, Illustration464 1986-05-26 12 Mcato Mm iwup tf ttw print Mh( ntn tf 12 Mj« BM! SippVl rut of bonks at Hm close of business on Thursday, May 22 as supplied by rtia Association of lgafcs in Singapore. BANK MJ Algiemene Bank 7V« American Express Bonk 8'/< Am'Dom R'terdom Bank 7V«464 words
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74 1986-05-26 12 AP POLICY MAKERS at the Federal Reserve board decided at their April meeting to leave the US's monetary policy unchanged. However, they expressed support for a further cut in a key interest rate, according to minutes of the meeting released last Friday. Officials of theAP - 74 words
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Article189 1986-05-26 12 OCBC THE FOREX markets got off to a slow start last week as Whit Monday in Europe kept trading at a low. But with an upward revision of the US GNP to 3.7 per cent, the US dollar began to gain some strength. This rally wasOCBC - 189 words
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243 1986-05-26 12 Green Collier FOLLOW-THROUGH selling from the previous week caused currency futures to settle lower in the last five sessions. June D-mark stepped down 136 ticks to end the week at U550.4381 while June yen dipped 115 ticks to close at $0.*****1. Favourable US economic data,Green & Collier - 243 words
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238 1986-05-26 12 Commercial Discount Co Ltd OVERNIGHT funds on the domestic interbank market traded between 5 and SV« per cent last week before rumours of official operations forced them to close at 5 4-7/8. Term funds were little affected except for the one month whichCommercial Discount Co Ltd - 238 words
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Article212 1986-05-26 12 ASIAN currency average deposit rates for the week ended May 22 USS WO PRICES High Low 7 days 1 month 2 months 3 months 6 months 9 months 12 months 7 1/16 7 1/16 7 1/16 7 1/16 7 1/8 7 3/16 7 1/4 7 1/16 7212 words
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Article30 1986-05-26 12 The range of caN rates for the week ended Thursday, May 22: Bank fund 4—4.9 Generol fund 4.9—5.125 V* Movements of hinds 2077 Source: Short Deposits (M) Bhd30 words
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RAW MATERIALS
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476 1986-05-26 12 AFP THE CUT in UK banks' base lending rates last Thursday injected a little more life into commodity trading, which began last week on a dull note. Sterling's retreat against the dollar prompted gains in many sterling-based markets although profit-taking set in. G«M: Irregular.AFP - 476 words
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Article186 1986-05-26 12 SOYBEAN FUTURES on the Chicago Board of Trade climbed from Vi cent a bushel to 2V« US cents at last Friday's close. A rally in soyoil prices boosted values of soybeans. The USDA's proposals to provide financial assistance for exports of soyproducts encouraged buyers as well. Support also stemmed186 words
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Article543 1986-05-26 12 COFFEE Robusta futures were maintained by pre-weekend short-covering and modest industry offtake last Friday, ending a routine session with gains of £20 to £7 a tonne. July traded last at £2,026, up £11 from last Thursday night and compared with a session low of £1,999 hit when New543 words
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Article180 1986-05-26 12 WHEAT FUTURES on the Chicago Board of Trade ranged from two cents lower to V« US cent higher at last Friday's close of a dull session. Seasonal harvest pressure began weighing on prices, with hard red wheat cutting moving into Oklahoma and prompting some commercial hedge-selling. Continental, Produce and180 words
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Article27 1986-05-26 12 KL TIN Dote Closing prices M$/kg Turnover (tonnes) May 19 14.00 60 May 20 13.99 14 May 21 13.99 33 May 22 14.01 44 May 23 Closed27 words
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Article148 1986-05-26 12 Chinese Produce Robusta 20/25% Exchange Sellers' noon closing pi FOB NSW 565 00 rices on Nutmeg Moy 24 (SJ/100 kg). 110 FOB NSW 1422 00 Coconut oil Bulk FOB 48 00 BWP FOB NSW Gambier 1322 00 Old drum FOB 61 00 FOB NSW 330 00 New drum148 words
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Article99 1986-05-26 12 Reuter FUTURES closed 0.9 to 2.6 yen a kg lower last Saturday on profit-taking and book-squaring selling by private investors in an adjustment to recent gains. But trading was light as a wait-and-see mood dominated the market due to the lack of fresh incentives. Spot May fell 2.6 toReuter - 99 words
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Page 12 Advertisements
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Advertisement45 1986-05-26 12 This announcement appears for the purposes of record only INSURANCES LIMITED (incorporated in the State of Victoria, Australia) Introduction of 99,755,982 ordinary shares of 10 Australian cents each to the Stock Exchange of Singapore Limited 26 May, 1986 Arranged by J. ARBUTHNOT LATHAM ASIA LIMITED45 words
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MARKET REVIEWS
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Article, Illustration5339 1986-05-26 13 NAJEEB JARHOM - I]""'" By NAJEEB JARHOM THE CPF Approved Investments Scheme continued to have a positive bearing on the stock market last week. Thanks to a spirited midweek rally, share prices have now reached their best levels since late March. However, turnover remained lacklustre, reflecting the dearth of5,339 words
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221 1986-05-26 13 wW frmil London &iiii a AFP STEADIER CONDITIONS prevailed last week on the London stock exchange, although investors continued to adopt a somewhat cautious stance following the recent sharp shakeout. The Financial Times Industrial Share Index climbed back above the 1,300-point mark to close upAFP - 221 words
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Article631 1986-05-26 13 JULIANA TAY - Week ended May 22 compiled by JULIANA TAY CORPORATE DEVELOPMENTS CREDITOR Banks of City Securities have given a further two-week grace period to J June 2 for the stockbroking firm to overcome its present financial difficulties. Mr Loo Cheng Ghee has ceased to be a631 words
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Article284 1986-05-26 13 Reuter AUSTRALIAN SHAREMARKETS ended last week slightly easier as heavy selling in industrial stocks early in the week offset bullishness over the bid for control of BHP. The All Ordinaries Index slipped 2.6 points to 1191.7 after reaching a low of 1172.3 on Wednesday, and theReuter - 284 words
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759 1986-05-26 14 Tfim J New York FT "HOW HIGH IS HIGH?" asked Shearson Lehman in a recent broad brush sketch of the prospects (or Wall Street. It is a question many investors are asking themselves at the moment as the Dow Jones IndustrialFT - 759 words
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345 1986-05-26 14 AFP THE KEY market barometer soared to a record high on the Tokyo stock market last week, supported by massive buying on Friday amid rumours that elections for both Houses of the Diet (Parliament) would take place simultaneously in July. The 225-stockAFP - 345 words
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159 1986-05-26 14 CSZ THE ZURICH exchange continued its downturn in the week, up to and including last Thursday. The bearish mood could be attributed to the uncertainties regarding the worldwide economic outlook, attractive yields for long and short-term fixed interest investments and the somewhat discouragingCSZ - 159 words
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748 1986-05-26 14 TONY MEASOR - 1 t L I Hongkong bd By TONY MEASOR THERE HAD NEVER REALLY been any doubt but that Cathay Pacific would fly, and last week on the Hongkong stock market, it most certainly did. It was not just the 50 cents gained during748 words
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818 1986-05-26 14 1 K.Lumpur *S Ĕ j SEVERAL corporate developments at the start of last week did not seem to attract much attention from investors and this led the Kuala Lumpur stock market to close on a mixed note. There was an announcement by Palmco818 words
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319 1986-05-26 14 S5 JM Milan 'it: in 1 11 11 BE! a BCI THE Milan sharemarket continued to boom last week, ahead of the start of the June accounting period. Purchases poured copiously onto the market and as a result, the BCI AllShare Index bounced further,BCI - 319 words
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Page 14 Advertisements
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Advertisement605 1986-05-26 14 je= it. 4i tk -ft Hh TAT LEE BANK LIMITED I (Incorpofated in the Republic of Singapore) TWELFTH ANNUAL GENERAL MEETING NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Twelfth Annual General Meeting of Shareholders of the Bank will be held in the Conference Room, 63 Market Street, #14-00605 words
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Advertisement293 1986-05-26 14 fijSr >/i m pi a w MS PAN MALAYAN HOLDINGS LIMITED (Incorporated in the Republic erf Singapore) TWENTY-SIXTH ANNUAL GENERAL MEETING NOTICE OF MEETING NOTICE IS HEREBYGIVEN that the 26th Annual General Meeting of Stockholders of the Company will be held in the Conference Room, 63 Market Street, #14-00 Tat293 words
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COMPANY NEWS
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299 1986-05-26 15 IN THE WAKE of an unexpected turn of events, The Hongkong k Kowloon Wharf Godown Co has extended the closing date of its offer for Marco Polo to May 29, spm. The extension, for the third time, has been approved299 words
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Article241 1986-05-26 15 TAN KOON SWAN, the key figure in the Pan-El saga, issued a press statement in Malaysia last week defending his former fellow directors of Multi-Purpose Holdings Bhd for making a Ms 23 million "failed investment" in the ill-fated company. "When the financial problems relating to241 words
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861 1986-05-26 15 HOCK LOCK SIEW - Counter came under substantial selling last week By HOCK LOCK SIEW MALAYAN BANKING BHD had a dream run over the past decade. Its constantly burgeoning profits have provided a textbook example of the benefits banks derive from a steadily growing economy.861 words
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470 1986-05-26 15 UNITED ASIAN BANK (UAB) is to propose a rights issue next month to raise its paid-up capital, currently $75 million, following substantial losses incurred in 1984 and 1985. It is understood that the rights issue likely to be one-for-one at $1470 words
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COMPANY BRIEFS
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Article86 1986-05-26 15 has been asked by the SES to clarify whether its directors were aware that the lease of Isetan (Singapore) Ltd, a major tenant of liat Towers, was to be renewed at the time of acquiring Goldvein Pte Ltd last year. In a circular last year, Bonvests stated:86 words
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Article23 1986-05-26 15 Bhd an- nounced that Mr Abdul Ghafar Baba has resigned as chairman and director of the company from May 9, 1986.23 words
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258 1986-05-26 15 DUTA CONSOLIDATED BHD, which incurred group pre-tax losses of $5.43 million last year, has called off its earlier proposed acquisition of three property companies for $49.1 million cash. Instead, the plywood manufacturer turned property developer has announced that it is selling its plywood258 words
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Article951 1986-05-26 15 LONDON SHARES closed at their highs last Friday after a mid-morning setback on profit-taking. Dealers said prices moved ahead in early business, reflecting the surge on Wall Street overnight. At the close, the FTSE 100 was up 18.6 points to 1,617.4 while the FT 30 Index rose 15.1951 words
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Page 15 Advertisements
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Advertisement440 1986-05-26 15 NOTICES THE COMPANIES ACT, CAP. 186 PEARL'S HEALTH CENTRE PTE LTD (IN VOLUNTARY LIQUIDATION) SPECIAL RESOLUTION PASSED ON JTTH MAY 1W At an Extraordinary General Meeting of the Company held at SO Jalan Sultan #17-10, Singapore 0719 on Saturday, 17th May 1986 at 2.00 p.m. the following Special Resolution was440 words
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Advertisement1174 1986-05-26 15 SOON TECK FINANCE (Incorporated in the BALANCE SHEET AS AT 31 ST DECEMBER 1085 Note* 1985 1984 SHARE CAPITAL AND RESERVES Share capital Statutory reserve Revenue reserve Retained profit REPRESENTED BY FIXED ASSETS NON-CURRENT ASSETS Loan* advance*, hire purchase and block discounts due after 12 months CURRENT ASSETS Quoted shares1,174 words
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184 1986-05-26 16 Bernama CUEPACS has made some amendments to the government's "formula" to resolve the wage dispute, president A Ragunathan said yesterday. "We have discussed the formula and made some major changes and the congress's decision to accept the formula will depend on the government'sBernama - 184 words
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624 1986-05-26 16 BOEY KIT YIN - By BOEY KIT YIN SINGAPORE MOVED UP a place in the list of major exporters to the United States last year and increased its sales by 7 per cent to a record US$4.4 billion. But it will find the going harder this624 words
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Article222 1986-05-26 16 TOTAL TRADE for the first four months of the year dropped 11.5 per cent to $33.8 billion over the same period last year. But the $2.3 billion trade deficit narrowed from $2.7 billion over the same period last year. Singapore's improved trade balance for the222 words
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203 1986-05-26 16 Reuter TAMIL GUERILLAS massacred 20 Sinhalese villagers, including 10 children, in an upsurge of separatist violence in eastern Sri Lanka. The killings, including the gruesome murder of 10 people made to kneel under a sign saying "Stop", hit the island on the country'sReuter - 203 words
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90 1986-05-26 16 AFP A SENIOR Finance Ministry official has predicted that sales of whisky would rise sharply during the campaign for the general elections in Thailand, press reports said yesterday. The reports quoted Excise Department chief Chalermchai Vasinondha as saying on Satur- day that governmentAFP - 90 words
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78 1986-05-26 16 Reuter BANGLADESH President Hossain Mohammad Ershad yesterday reappointed most of the ministers who resigned to fight parliamentary elections earlier this month, enlarging the Cabinet to 33. A presidential spokesman said the Cabinet comprised 25 ministers, five state ministers and three deputy ministers. MrReuter - 78 words
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Article, Illustration428 1986-05-26 16 CONSIDER the following provocative statements made by an American financial expert. That the securities industry is the most important form of unregulated gambling in the world. That US economic indicators are like a lottery, a pure guess at what the numbers428 words
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Article157 1986-05-26 16 AFP BRISBANE offered air travel subsidies worth up to US$7.6 million yesterday for nations competing in equestrian events at the 1992 Olympic Games if the city is picked as the venue of the games. Lord Mayor Sallyanne Atkinson said in a statement the subsidiesAFP - 157 words
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365 1986-05-26 16 LIM SOON NEO - By LIM SOON NEO THE ADVERTISING PIE, which has grown smaller since 1984, continued to shrink in the first quarter of this year. According to the latest Survey Research Singapore Adex report, the amount spent on advertising from January to March this year was estimated365 words
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LATE FILE
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41 1986-05-26 16 AP A LANDSLIDE rushed down a scenic gorge in central Taiwan yesterday, killing 13 tourists and leaving dozens of others buried. Police said the landslide was triggered by heavy rain and several recent earthquakes. APAP - 41 words
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Article60 1986-05-26 16 AFP IRAQ said yesterday that its warships had hit a "large naval target" near Iran, soon after reports that a missile had hit the 177,545tonne tanker W Enterprise without causing casualties. Lloyds of London said a distress call from the Cyprusregistered vessel reported waterAFP - 60 words
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Article51 1986-05-26 16 Reuter BRITISH Premier Margaret Thatcher does not think she will call an early general election. "I am not thinking in terms of an early election. We can go right up to July 1988 if I thought that was best," Mrs Thatcher told the Press Association.Reuter - 51 words
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46 1986-05-26 16 Reuter effort for Solomons THE US joined Australia and New Zealand yesterday in a massive relief effort to feed and shelter 100,000 people who lost their homes when a cyclone hit the Solomon Islands, killing at least 100 people. ReuterReuter - 46 words
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Article41 1986-05-26 16 AFP DIPLOMATS posted in East Berlin will need to show their passports from today in order to enter the city's western sector. East Germany informed ambassadors of the decision in a formal note last week. AFPAFP - 41 words
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Article35 1986-05-26 16 Reuter THE OFFICIAL death toll in weekend violence raging in South Africa's black townships rose to 16 yesterday when police said they had found the bodies of eight men. ReuterReuter - 35 words
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Article31 1986-05-26 16 AP REPRESENTATIVES of 6,000 staff of the World Bank will strike tomorrow to protest against the refusal of member governments to give them wage rises. APAP - 31 words
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Article39 1986-05-26 16 UPI HONGKONG Governor Sir Edward Youde flew into Tokyo yesterday for a threeday visit aimed at promoting trade between Japan and the colony. He was accompanied by members of the Hong-kong-Japan Business Cooperation Committee. UPIUPI - 39 words
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Page 16 Advertisements
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Advertisement478 1986-05-26 16 Get your free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Improved investment climate a boon to research activities 2. Black Decker pumping $23m into local operations 3. Mild recovery forecast for Singapore next year 4. NMB Precision's478 words
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Advertisement51 1986-05-26 16 Residents appeal for end to offensive, Page 5 RADO DiaStar Scratchproof sapphire crystal Scratchproof case-top. Waterproof. ra Ref 111.0197 3 015 S$ a I 7 Xi Ref 129.0195.a015 Rado Service Centre: NEW HORIZONS SINGAPORE PTE LTD, (Member of Inchcape Group), 35 Selegie Road #81-06 Parklane Shopping Mall, Singapore 0718. Tel:51 words
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Page 16 Miscellaneous
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Miscellaneous57 1986-05-26 16 wmsm Outlook for today: Showers over severe! areas in the kite morning and early afternoon. Report for 24 hours prior to 7.30pm on May 25 at the airport: Maximum temperature 32.2 Associated humidity 66 Minimum temperature 25.2 Associated humidity 89 Hours of sunshine 6.30 Rainfall in millimetres 1.5 Rainfoll this57 words
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SHIPPING TIMES
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189 1986-05-26 17 Reuter A SERIES of 24-hour strikes by the Waterside Workers Federation (WWF) disrupted cargo handling at a number of Australian ports last week, shipping sources said. Stoppages at Melbourne, Darwin, Sydney, Adelaide, Hobart, Brisbane and some regional ports were in protest atReuter - 189 words
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Article90 1986-05-26 17 JAPANESE trading house Ka-nematsu-Gosho has pulled out of shipowning with the sale of three of its remaining bulk carriers. Its shipping division incurred a loss of about 3.1 billion yen for the fiscal year ended March. This included an 800-million yen loss from the sale of90 words
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408 1986-05-26 17 JUNE LIM - By JUNE LIM MEMBERS of the Asia North America Rate Agreement (Anera) have given in to pressure from shippers to restructure freight rates for rubber exports to the US. Rubber exporters were dissatisfied with the Anera common tariff implemented on April 15 on two408 words
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281 1986-05-26 17 Sea trade Week A MARKED UPSURGE In Libyan tanker chartering activity before the US raid on Libya on April 15 is being interpreted in some quarters as a clear sign that the Libyans were expecting the bombing of oil terminal andSea trade Week - 281 words
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263 1986-05-26 17 A SEVEN-MEMBER Piraeus court last week reversed a previous court decision and acquitted Dutch businessman Anton Reidel of charges of moral complicity in the sinking of the 213,982-dwt tanker Salem in 1900. He was sentenced in absentia in April last year to three years imprisonment.263 words
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PORTSIDES
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Article50 1986-05-26 17 Reuter THE JAPAN/India-Pakistan-Gulf Japan Shipping Conference has cut the extra risk insurance surcharge on shipments for non-Iranian and non-Iraqi Gulf ports covered by the existing temporarily reduced commodity box rate and temporarily reduced less-than-a-container-load rate to 2 per cent from 2.5 per cent, effective from yesterday.Reuter - 50 words
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Article1321 1986-05-26 18 FEW SINGLE voyage fixtures were reported on the freight market on Thursday, which brokers said was generally quiet. But some said they still hope to see fresh Soviet grain offtake develop to give some impetus to the dry cargo market. Recent activity in the sugar market combined with1,321 words
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614 1986-05-26 18 Lloyd's List INCREASED oil production could mean demand for tankers rising from last year's estimated level of almost 164 million tonnes deadweight to 190 million tonnes by the end of the decade, according to a report by London shipping consultant Drewry. Crude OilLloyd's List - 614 words
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Article1019 1986-05-26 18 NEWS of two block deals involving tankers featured in the secondhand tonnage sale and purchase market last week. Sweden's state-owned Zenit Shipping AB sold 10 tankers to Argonaut AB of Stockholm for around US$75 million. And in the second deal, three 54,990-dwt product tankers were sold for about1,019 words
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Article871 1986-05-26 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 Aqua Lines VIA 5 Arrow Lines X 4 A Has Line X 3 ANL 1 1/2 APC Line V 4 APL III 2/3871 words
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216 1986-05-26 18 NYT SATELLITE PICTURES taken the morning the Pride of Baltimore sank at sea last week have led some weather specialists to suspect that the vessel was overturned by a sudden burst of wind of a type that has been associated with airline accidentsNYT - 216 words
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207 1986-05-26 19 ORDERS (or five fish factory mother ships have been placed by the Soviet Union with Poland's Gdansk shipyard. The 10,500-dwt vessels placed by Sudoimport are due for delivery only after 1968. The ships will be able to process 200 tonnes of fish every 22207 words
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385 1986-05-26 19 THE IMPENDING entry of Nedlloyd into the US East Coast-northern Europe trade as an independent carrier is viewed with concern by other trans-Atlantic operators. The Dutch carrier has announced that it will redeploy its (our container-carrying roro ships from the beleaguered US-Middle East trade to the385 words
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Article137 1986-05-26 19 AP A MALTESE freighter sailed for South Korea from the US on Friday, but only after nearly half the crew quit their Jobs, reportedly fearing for their safety. Eleven members of the Eurco Team's 23-man crew fled the ship. It was detained last Wednesday by the USAP - 137 words
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Article94 1986-05-26 19 AFP SPANISH DOCKERS' leaders, protesting against government plans to privatise part of the country's dockyards, have called for a strike at all Spanish ports from June 3 to 8. The strike would be the second by the dockers in three weeks. The first stoppage, begunAFP - 94 words
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86 1986-05-26 19 Reuter A TANKER reported being hit by a missile in the Gulf yesterday morning and was taking on water, Lloyd's Intelligence Department reported. The insurance concern said the Cyprus tanker W Enterprise had sent out a Mayday distress call say- ingReuter - 86 words
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Article4227 1986-05-26 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 a4,227 words
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Article745 1986-05-26 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Lexa Maersk 8606 26 5.86 2330 Maersk F5 1430-1530/1330-1430 Al/Bl 1230-1330 Fl. E Onward 007E ***** 1730 G Asia F1 0800-0930 N3 Sea Dragon I9N745 words
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Article397 1986-05-26 25 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure Keppel Star Glory K32 Yuho alongside 26.5/1200 Kota Pelangi K3l PIL alongside 26.5/1500 Agnes Venture K16 Borneo 26.5/1200 27.5/0700 B Tonsberg K9 Barber 26.5/0400 27.5/0400 Bintang Seria K24W SSPL 26.5/2100 28.5/0600 Cable Venture K36 Boustead 26.5/0600 02.6/2300 Equator 3397 words
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Page 17 Advertisements
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Advertisement945 1986-05-26 17 L 23 a; PUBLICATIONS THE HEART OF THE DRAGON OOCL Orient Oveiqeas o*nt<um\ Line STRAITS EUROPE EXPRESS SERVICE lARDRE SHTPMG AGENCES (Kef No *****4/ 00K) 70 Shenton Way #04 03 Manna House Singapore 0207 Trt *****11 TELEX NO RS ***** CFS OFFICE TPC #03 029 Tel *****31 and *****32 Terminal945 words
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Advertisement74 1986-05-26 17 ram)B INCREASED oil output could mean demand for tankers rising from last year's estimated level of almost 164 million tonnes deadweight to 190 million tonnes by the end of the decode. Page II THE IMPENDING entry of Nedlloyd into the US East Coast-northern Europe trade as an independent carrier is74 words
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Advertisement234 1986-05-26 17 IN SINGAPORE: 778-6522 PROFESSIONAL INTERNATIONAL FREIGHT FORWARDIN6 MALAYSIA. 755-8955 MAERSK LINE w FAST TRANSIT TO MIDDLE EAST SINGAPORE/DUBAI 8 DAYS SINGAPORE/DAMMAM 9 DAYS SINGAPORE/BAHRAIN 10 DAYS SINGAPORE/KUWAIT —11 DAYS Penang Vessel Voy I Spore EXPORT TO USA. EUROPE. MIDDLE EAST. WEST AFRICA ASIA •CT 28/5 IVOO MS CfS 25/5 2300234 words
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Page 18 Advertisements
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Advertisement334 1986-05-26 18 YAMASHITA-SHINNIHON LINE TRANS-PACIFIC SERVICES STRAITS FEEDER Pacific South West Feeder at Kao Pacific North Weet Feeder at Kao Atlantic/Canada Feeder at Kobe WifTii 11 rmm M IXJ immminTrTMrMji:/'..MBaaii I TMIDM—TTTTTTT- n TTTFM 'T'- Trr^Tifi"i-iiM t mni uu_ m m FT* IT mm OB UJUB icnmiiiimEniKJum LCL Cargo for USA Port*.334 words
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Advertisement158 1986-05-26 18 U^alL Supercarrier Service TO: PANAMA US WC/EC/GULF E. CANADA CARIBBEAN C. AMERICA I tnHSB I 2/< 2-4/ i 7/« 12/f 11-14/4 17/® 77/ C X»/( 2/7 r Houston (MLB). S. Francaco (MM. Stock tor mi San Otfo m L. Angeles Charleston «a Snk Aruba Curacao Bridgetown PMpsburg. Port of Spaw158 words
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Page 19 Advertisements
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Advertisement886 1986-05-26 19 The Straits Steamship Group r STRAITS SHIPPING f Singapore to Sabah, Sarawak, Brunei Ports and Bangkok J Mansfield Container Shipping Re Ltd Overseas Containers Limited I CONTAINERSHIP SERVICE TO UK/CONTINENT CONTAVOSHP SERVICES TO/FROM KITANO MARU OSAKA MY BREMEN EIPRESS KOM.OON BAT MK MMtU cm or EDWURGH FRANKFURT EXPRESS TOKIO EXPRESS886 words
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Advertisement834 1986-05-26 19 On-line. Anytime. Now, stay in touch with your shipments anywhere in North America and the Far East, Your container shipments to North America and the Far East may be gone but not forgotten when you ship by Mitsui QS.K. Lines. Thanks to a 500-terminaJ online, real-time network linking North America,834 words
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Page 20 Advertisements
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Advertisement436 1986-05-26 20 Hapag-Lloyd TO CONTINENT/UK EXPORTS Osaka Bar Bremen Eipreu Koatoon Bar Mm Mara C*r of EdMwfb Frankhrt Eipreu Tokas Eipreu Mm Kara Ouki Bji Bremen Eipress Kovtoon Bay Mm Maru Of M EdMbwfh Inland haulage to inland destinations in Europe S'pore PKeian|Penanf Leu BN TOUNUS 24/6 26/6 28/6 MUNGEI LEADER 15/6436 words
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Advertisement94 1986-05-26 20 UC&LINE touts S* %t J»*nas FULLY CONT AINERISED SERV I C E TO EUROPE VIA SUEZ 1 ot ,he ce Consortium I'll) MViiilii CHMA CONTWCX 35* CJt. P/UHS 5N FROM EUROPE VIA SUEZ s Member of the Ace Consortium WPTUrt CJtYSTU 34C KOKAM CHMKt 29 FULLY CONTAINLRISFD 10 FROM NORTH94 words
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Advertisement590 1986-05-26 20 0L Hai Sun Hup Co (Pte) Ltd T EL *****06 (20 Lines). TLX RS ***** &RS ***** It lAS 11 RN CAR I INEK. I I I). \m INTERMARITIME LTD K Knabaki (Sub Arent) TH 2215*0 Jakarta (Sub Af«nt) T«fc (***** REUNION/SOUTH AFRICA SERVICE DIRECT MONTHLY SAILINGS KK KM Sun590 words
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Advertisement633 1986-05-26 20 m evergreen Full Container Service Round-Th«-World East Bound (FE/CARIB/USFC'PHRO/FE) Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) ALSO ACCEFTMG ICL/FCL I FCI/FCI 10 GOTKWURG AARHUS. COPENHAGEN. OSLO STOCKHOLM IKLSMU. BREIKN BREMERHAVEN VU HAMBURC ICMKIN. SOUTHAMPTON MANCHESTER BMMNGHAM. LIVERPOOL. GIASGON VU FELIXSTOWE AMSTERDAM VU ROTTERDAM US WEST COAST ALSO ACCEPTWG CARGO TO 1) LONG KMX633 words
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Page 21 Advertisements
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Advertisement920 1986-05-26 21 V\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 In Poet SuM In Pt 29/5 4/• 6/6 11/6 15/6 16/6 20/6 HKG KAO *TCM KEE BUS 'MUR *MTC YOK KOB KEE 2/6920 words
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Advertisement875 1986-05-26 21 rn BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTMENT Man Mara M/ 7 38/7 j 17/1 IS/I |t/| 21/8 73/1 EXPRESS CONTAMER SERVICE FROM UK/COHTMNT HAN BIMKHRVAM HAVRE SIOM PKLAMG STCK FOR Ka»ga Mm. Uri 1M WbW SM a/5 MKBIK.ni Ei»r«i SM MWbM 30/5 31/5 Mtc nw Koorioai Bit WMM MUM875 words
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Advertisement506 1986-05-26 21 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYI P.T. 6ESUM LLOYI F.T. SAMUDERA INOONESIA P.T. TRIKORA LLOYD EXPRESS SEMI CONTAINERSHIP SERVICES SINGAPORE TO EUROPE Gmu An La HawaLM Um/IMTW| GANDA BHAKTT VIS-KB M/i 3/7 11/7 13/7 15/7 16/7 20/7 Sport Bftao Mm/Mm llanMai/Brawan MATMAtT VIS-MB 20-22/6 15/7 19/7 23/7506 words
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Advertisement378 1986-05-26 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR STTMY *24 MMGZEYA ¥393 HTomrwA mm PAGAN tm pa-MI m* Dadmm (Mr \> (Burmese National Line) Loadng for Rangoon Spore PA** Pans* Ba* •26/29 May 21/21 May 4/5 Jn 11/12 la 3/| 21/22 May BANK LINE Express sem-contamer sang MP—I TO UKC STORE KOMI378 words
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Page 22 Advertisements
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Advertisement1227 1986-05-26 22 K USA CANADA IHMITIC COAST (Bound Tho World Sonic.) KAWASAKI KISEN KAISHA, LTD. N. MK *2 0. MNSTO *25 0. KNKHT ¥27 N. 6AJBET V 4 PACIFIC COAST feeder va. v PACIFIC SOUTH WEST PACIFIC NORTH WEST MOTKR VSL T/S r«T St* VOI feeder vsl v n n v Mono1,227 words
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Advertisement729 1986-05-26 22 'M AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers ISTfCIIPPf R V 6 J Aug INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore Pkelang Penang Loading lor "KALDAS" Vl7 !tlh) kb*at C Gong Hatfa Calcutta CNAIODAS *U-H 29 May CoMio Borti, RAWAS VII-N i km Madras HaiAa Calcutta C Geng 111729 words
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Advertisement756 1986-05-26 22 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. TeM Street SMGAROHf 0104 IU *****U (II UKS) STRAITS/PERSIAN GULF SERVICE: S| GOIDfN HAVEN Colombo Raiacl» Bombay Dub* GOtMN CITY Colombo Kaiada Dvba Balvaifl 2/3 toe 29/22 toe CHINA OCEAN SHIPPING CO.. PEKING THE PEOPLE'S REPUBLIC OF CHINA SHM-COMTAIKR/ COMVEHTHmAL SERVICE P756 words
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Advertisement321 1986-05-26 22 INTRASEA (PTE) LTD 10 Anson Road »27-16 Internationa' Plaza Singapore 0207 Tel *****1 1 (1 0 Lines) <► BREAKBULK SERVICE TO EUROPE/UK P PHILITRON SHIPPING AGENCIES PTE LTD TEL *****22. (8 LINES) TELEX RS ***** PHILI SINO EXPRESS LINE L CHINA APPROVED CARRIER SEL 1 27/5 GUANGZHOU WHAMPOA. TMPMG. SHEKOU321 words
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Page 23 Advertisements
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Advertisement778 1986-05-26 23 „NOL NEPTUNE ORIENT LINES LTD Agents S'pwe NEPTUNE AGENCfS PTE. LTD Tel Hi oMct Temmi CFS BOOMW *****77 FE EU/AUST TPA/SEA *****77 *****22 *****53 OA DMECTIHS 27*5753 *****42 J. Bn»u HARPER MRA SON BHD *****0 P Kelang HARPER MRA SON. BHD ****** *****48 P laya HARPER MRA SON BHD *****2778 words
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Advertisement426 1986-05-26 23 OONAM HEUNG-A SHIPPING Korean Flag Vessels SEMI-CONTAINERISED DIRECT SERVICE TO: P. KELANG, PENANG, BUSAN. INCHON G3i li"| WIS No 7 taian/MMN Ho DoiumMM 27/5 No t DnM/MSN 6 6 Hi I Daum/COM 19/6 No 7 Donan/SMN 27/t No 9 Donjm MftM t/7 No t Don* MM 13/7 Na I tauai/MMN426 words
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Advertisement731 1986-05-26 23 I m 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 PHUK M/S SHARKAT WAH SOON SON BM). IST ANO 2NO FLOOR jg~ir nmwr imr c731 words
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Advertisement113 1986-05-26 23 K&S LINE JAPAN STRAITS SERVICE SANKYO LINE (S) PTE. LTD. 37. Soman*! Road. #06-01 Ng Tto* Yh®« Bldg S port 0923 T«l 235 8444 (4 lln«s) Pott Kelang Tip Pma Shipping Sdn Bhd Tel 03 3890/4 *> Penang Malaysia Trade Transport ltd Tel 04 ft 1 7893 Pasir Gudang Malaysian113 words
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Page 24 Advertisements
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Advertisement323 1986-05-26 24 )j REGIONAL CONTAINER LINES TO BANGKOK (5 WEEKLY SAILINGS) SMGATORf Tue/Ned 27-21/5 [22E22E1 ESI Tue/Ned 127 21/5 Thu/Fri 29-30/5 Sat/Sun 131-1/6 Sun 1-1/6 CS2J ■EDI 1122J222E1 Ed Tue-Ned 10-11/6 Fri/Sat Fri/Sat |30 31/5 1-2/6 34/6 4-6/6 Fri/Sat 6-7/6 Fri/Sat 6-7/6 1-9/6 EOEMI htptwi [9 MY A BHUM PIYA BHUM m323 words
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Advertisement106 1986-05-26 24 WORLD LINE EXPRESS REGULAR SERVICE JAPAN/HONGKONG/STRAITS UTMEM US TOM IMB 60LDCN LME T* *****11 Tk: K ***** fwl Rtfa* Cw AC*" l "-S* s* M Tit mrm awns rrt ltd N*W Tr*4t Cwti 1 M**M Squrt #09 SI P KEIANG Miy 21/21 tm 7/1 km 11/19 tm 21/29 M 5/«106 words
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Advertisement127 1986-05-26 24 AQUA LINES LTD DHAKA .v- .i> AGENTS: TO CHnTAGONG/CHALNA STORE CHTTTAGONC FLAG 1/S/K 14/S/K KYC LINE (8) PTE LTD TEL: 535*77 <« LID) TELEX: RS2IIS3 KYCL BOOKMC: *****97/*****M/*****H SERVICE TO MADRAS ki.;< 25/6/86 KTC LM (S) PTE LTD TEL: 535X77 (I LIES) TELEX: RS2SK3 KTCL BOOKMG *****97 /*****93/*****J0 BATAM. DUMAI.127 words
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Page 24 Miscellaneous
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Miscellaneous169 1986-05-26 24 Regional Weather 50 ID Wa a Wi BS ££4*2* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Wmd direction with speed m knots Wove height R Thunderstorm Temperature c X\ T7 Shower Weather Wind direction with speed m knots Rom Cloudy Sky W Ve h *'9 ht169 words
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Page 25 Advertisements
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Advertisement310 1986-05-26 25 got* ETO Spore 2«/5 11/S 21/S ETA BBY 5/8 UMPACIFIC TRANS ft TRADING AGENCY PTC LTD S'pcr. T# *****44 7 knn) PJtlang Tat; 3M911 P.T. TYTYAN SAMODRA SHIPPING COY BAIAM/DUMAI Reliable Weekly Services Vessel RICROL 3 Sailing Every Wednesday POH AIK Every Monday Envi Services Pte Ltd Tel. *****55 Tlx:310 words
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Advertisement314 1986-05-26 25 A pt. returns lines SINGAPORE/INDONESIA iMtfrFtf PRASCTM 39-40/86 31/5 1/6 41-42/16 6/6 1/6 4346/K 13/6 15/6 General Agents: Asia Perintis Lines Pte Ltd Tel: 2258 T33 REGULAR LINER SERVICE TO INDIA/BANGLADESH PORTS. ETA no DBTIMTON PAIS VOY OSA/K 2/6 5/6 CHTTAGONC, I MMM fltTI VOY 22/66 24/5 21/5 CMTTAGONG AGENTS:314 words
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Advertisement415 1986-05-26 25 "■mm I WJH.VH T/UWAN TO SMGAPORE t ASEAN DIRECT WEEKLY TO PORT KELANG/PENAN6' •AT ATTRACTIVE RATES* G SLAT A* *11 *-37 SjM t SELATAN V <-44 27/5 29/5 l/t t 6 VESSELS OF LO6 CAMHERS 5 VESSELS OF BRAND NEW TfflN DECKERS OR REGULAR LMER SERVICE FROM TAIWAN TO SMGAPORE415 words
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Page 26 Advertisements
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Advertisement474 1986-05-26 26 EXPRESS CONVENTIONAL SERVICE TO AND FROM UK/CONTINENT Eiitorc it m mm «/11 pjeume pejmas Fat 13/14 J» 15/11 Mi ITM. «6, EUW 'pw(ik nam vm UMUt H Mrr 27 Ihr 5/4 Ml 31/31 MTNW 12/13 Mi 14/15 Mi 14/17 km 19/23 agents Sunship Agencies Pte Ltd FMM IMG. MM. MM.474 words
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Advertisement357 1986-05-26 26 URGENT! ACCEPTING LCL TO EUROPEAN INLAND DESTINATIONS* via ANTWERP VALENCIA, MARIBOR, SALISBURY, BONN, LUXEMBURG, AARHUS, BUDAPEST, MOSCOW, ETC... FREIGHT MANAGEMENT PffH| SINGAPORE *****11 (12 UNES) M PORT<KELANG *****07/S PENANG *****7/*****4 BANGKOK *****94/5 HEAP SENG TRADING SHIPPING PTE LTD 6001 BEACH ROAD #13-01 GOLDEN MILE TOWER SINGAPORE 0719 TEL NO. *****22357 words
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Advertisement654 1986-05-26 26 C.Y. LINE (A Member Of The ACE Consortium) CHO YANG SHIPPING CO. LTD FItLV CONTAINERISED SERVICE 10 EUROPE («U SUEZ) Spar* lattam Ida* Ftiaa* HW| h" AMwwp ctew comma is* 21/5 u/o n/t i»/o 21/0 22/< 24/1 C I PARS SW 4/0 23/0 24/6 20/0 2S/( 2J/0 1/7 HONGKONG CONTMO654 words
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Advertisement962 1986-05-26 26 Everett Lines! 1 COMPANA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" loading tor Cabo. Mataiam Do and all other Peruvian ports with transhipment at Rob On CPV Through Ms ot lading to hnai destination Penanf* P. Kaianf Sinfapore MURRAY!VERETT 30/31 Mar THOMASEVERETT t/9 Jwi HUGHFVtWTT 21/23 J» MURRAYEVEKTT THOMASEVERETT HUOCVERETT962 words
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Advertisement329 1986-05-26 26 ZIM I''. .3 !.»g ''3.3. I'i.ljl' I *i*r* mt mm 2M ICLBOUM It!I m oat u/t Actapfe* Fa T« Ewaptan desbnitom m Raty. AvMa. Attaptan FCL Ta Mmn^ii II 7at 13 7* lb 7 K 17.JM M IH7M MM li-JM V7M M 117 M MM 117* 17.7 M M 717*329 words
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